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Where Will Rivian Be in 5 Years?
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Did Qualcomm Just Reveal One of Meta's Biggest Secrets?
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And why not?The newly listed company has left the likes of Ford, General Motors, and Tesla behind in launching an all-electric pickup truck. It has also got more than 55,000 pre-orders for its pickup truck and SUV.Yet, Rivian is at a very early stage, having delivered just 156 vehicles through October. Let's look at where the company and its stock could be five years from now.Rivian plans to focus on the pickup t","content":"<p><a href=\"https://laohu8.com/S/RIVN\">Rivian Automotive, Inc.</a> got loads of attention and interest after its recent IPO. And why not? The newly listed company has left the likes of Ford, General Motors, and Tesla behind in launching an all-electric pickup truck. It has also got more than 55,000 pre-orders for its pickup truck and SUV.</p>\n<p></p>\n<p>Yet, Rivian is at a very early stage, having delivered just 156 vehicles through October. Let's look at where the company and its stock could be five years from now.</p>\n<p></p>\n<p><b>Rivian's growth plans</b></p>\n<p>Rivian plans to focus on the pickup truck, SUV, and commercial van market segments in the near term. Its focus geographies initially include the U.S., Canada, and Western Europe. In the long term, the company hopes to grow by entering new key markets as well as developing adjacent products. Rivian has started commercial production of its pickup truck R1T and plans to start production of its SUV -- R1S -- and electric delivery van in December.</p>\n<p></p>\n<p></p>\n<p>Rivian's production facility in Normal, Illinois, has an estimated annual production capacity of 150,000 units. In addition to 55,000 pre-orders for R1T and R1S, Rivian has an agreement with Amazon for 100,000 delivery vans through 2030. However, Rivian expects to deliver all of the vans by as early as 2025.</p>\n<p></p>\n<p>It expects to deliver its pre-order backlog of 55,000 R1Ts and R1Ss by the end of 2023. Further, Rivian expects to reach an annual production rate of 150,000 vehicles (including commercial vehicles) by late 2023.</p>\n<p></p>\n<p>If things go as per Rivian's plan, the company would have delivered 55,000 pickup trucks and SUVs, in addition to, say, half of its 100,000 commercial delivery vans by the end of 2023. In five years, it could be producing 150,000 vehicles annually and might already be setting up a new production facility.</p>\n<p></p>\n<p><b>What could support Rivian's growth</b></p>\n<p>In addition to broader governmental and regulatory support for EVs, Rivian has some distinct advantages. First, it is targeting the pickup trucks and SUVs segment, which are among the highest-volume and most profitable auto segments. Similarly, e-commerce growth is pushing the demand for delivery vehicles -- another of Rivian's key segments. Logistics and e-commerce companies are transforming their fleets to electric vehicles, anticipating increased regulatory requirements for the same.</p>\n<p></p>\n<p>Further, Rivian's own charging network may help its growth. Rivian hopes to appeal to its potential customers and build confidence in the brand through its own network of chargers. In sync with the company's offerings, it plans to place chargers at adventurous destinations, in addition to interstates. By the end of 2023, the company plans to install more than 3,500 fast chargers at over 600 sites. Additionally, the company intends to install more than 10,000 level 2 chargers through 2023.</p>\n<p></p>\n<p>Rivian's direct-to-customer model, with no dealer network, along with its own charging and service network could help it deliver an end-to-end differentiated customer experience. Over time, the company hopes to monetize this through high-value services and subscription opportunities, including membership and software services, financing, insurance, charging, maintenance, repair, as well as Rivian's own resale program.</p>\n<p></p>\n<p>Finally, the recent interest in Rivian shows that it has already managed to become a known brand without actually spending much on branding.</p>\n<p></p>\n<p><b>Is Rivian stock a buy?</b></p>\n<p>All of these factors make Rivian look like an interesting company. However, it is worth noting that these factors could already be priced into the stock. With a market valuation of more than $100 billion, investors are pricing Rivian for perfection.</p>\n<p></p>\n<p>In addition to execution risks, challenges from competition also need to be considered. As an example, Ford already has nearly 200,000 reservations for its upcoming electric pickup truck, F-150 Lightning. Similarly, upcoming electric pickup trucks from Tesla, General Motors, and several others will further heat up competition for Rivian. Rivian still needs to prove that it can deliver vehicles profitably and scale up production as planned.</p>\n<p></p>\n<p>Overall, though Rivian looks promising, its stock price could already be reflecting that. Investors will get more updates on the company's progress when it releases its third-quarter results on Dec. 16.</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>Where Will Rivian Be in 5 Years?</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\">\nWhere Will Rivian Be in 5 Years?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-12-13 08:27 GMT+8 <a href=https://www.fool.com/investing/2021/12/12/where-will-rivian-be-in-5-years/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Rivian Automotive, Inc. got loads of attention and interest after its recent IPO. And why not? The newly listed company has left the likes of Ford, General Motors, and Tesla behind in launching an all...</p>\n\n<a href=\"https://www.fool.com/investing/2021/12/12/where-will-rivian-be-in-5-years/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"RIVN":"Rivian Automotive, Inc."},"source_url":"https://www.fool.com/investing/2021/12/12/where-will-rivian-be-in-5-years/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1103000405","content_text":"Rivian Automotive, Inc. got loads of attention and interest after its recent IPO. And why not? The newly listed company has left the likes of Ford, General Motors, and Tesla behind in launching an all-electric pickup truck. It has also got more than 55,000 pre-orders for its pickup truck and SUV.\n\nYet, Rivian is at a very early stage, having delivered just 156 vehicles through October. Let's look at where the company and its stock could be five years from now.\n\nRivian's growth plans\nRivian plans to focus on the pickup truck, SUV, and commercial van market segments in the near term. Its focus geographies initially include the U.S., Canada, and Western Europe. In the long term, the company hopes to grow by entering new key markets as well as developing adjacent products. Rivian has started commercial production of its pickup truck R1T and plans to start production of its SUV -- R1S -- and electric delivery van in December.\n\n\nRivian's production facility in Normal, Illinois, has an estimated annual production capacity of 150,000 units. In addition to 55,000 pre-orders for R1T and R1S, Rivian has an agreement with Amazon for 100,000 delivery vans through 2030. However, Rivian expects to deliver all of the vans by as early as 2025.\n\nIt expects to deliver its pre-order backlog of 55,000 R1Ts and R1Ss by the end of 2023. Further, Rivian expects to reach an annual production rate of 150,000 vehicles (including commercial vehicles) by late 2023.\n\nIf things go as per Rivian's plan, the company would have delivered 55,000 pickup trucks and SUVs, in addition to, say, half of its 100,000 commercial delivery vans by the end of 2023. In five years, it could be producing 150,000 vehicles annually and might already be setting up a new production facility.\n\nWhat could support Rivian's growth\nIn addition to broader governmental and regulatory support for EVs, Rivian has some distinct advantages. First, it is targeting the pickup trucks and SUVs segment, which are among the highest-volume and most profitable auto segments. Similarly, e-commerce growth is pushing the demand for delivery vehicles -- another of Rivian's key segments. Logistics and e-commerce companies are transforming their fleets to electric vehicles, anticipating increased regulatory requirements for the same.\n\nFurther, Rivian's own charging network may help its growth. Rivian hopes to appeal to its potential customers and build confidence in the brand through its own network of chargers. In sync with the company's offerings, it plans to place chargers at adventurous destinations, in addition to interstates. By the end of 2023, the company plans to install more than 3,500 fast chargers at over 600 sites. Additionally, the company intends to install more than 10,000 level 2 chargers through 2023.\n\nRivian's direct-to-customer model, with no dealer network, along with its own charging and service network could help it deliver an end-to-end differentiated customer experience. Over time, the company hopes to monetize this through high-value services and subscription opportunities, including membership and software services, financing, insurance, charging, maintenance, repair, as well as Rivian's own resale program.\n\nFinally, the recent interest in Rivian shows that it has already managed to become a known brand without actually spending much on branding.\n\nIs Rivian stock a buy?\nAll of these factors make Rivian look like an interesting company. However, it is worth noting that these factors could already be priced into the stock. With a market valuation of more than $100 billion, investors are pricing Rivian for perfection.\n\nIn addition to execution risks, challenges from competition also need to be considered. As an example, Ford already has nearly 200,000 reservations for its upcoming electric pickup truck, F-150 Lightning. Similarly, upcoming electric pickup trucks from Tesla, General Motors, and several others will further heat up competition for Rivian. Rivian still needs to prove that it can deliver vehicles profitably and scale up production as planned.\n\nOverall, though Rivian looks promising, its stock price could already be reflecting that. Investors will get more updates on the company's progress when it releases its third-quarter results on Dec. 16.","news_type":1},"isVote":1,"tweetType":1,"viewCount":936,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":604109789,"gmtCreate":1639356145769,"gmtModify":1639361240063,"author":{"id":"4099650682871160","authorId":"4099650682871160","name":"LLim","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4099650682871160","authorIdStr":"4099650682871160"},"themes":[],"htmlText":"[Smile] ","listText":"[Smile] ","text":"[Smile]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/604109789","repostId":"1119459427","repostType":2,"isVote":1,"tweetType":1,"viewCount":740,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":601126910,"gmtCreate":1638499716842,"gmtModify":1638499991007,"author":{"id":"4099650682871160","authorId":"4099650682871160","name":"LLim","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4099650682871160","authorIdStr":"4099650682871160"},"themes":[],"htmlText":"👍","listText":"👍","text":"👍","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/601126910","repostId":"2188351763","repostType":4,"isVote":1,"tweetType":1,"viewCount":630,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":603266339,"gmtCreate":1638414680153,"gmtModify":1638415039980,"author":{"id":"4099650682871160","authorId":"4099650682871160","name":"LLim","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4099650682871160","authorIdStr":"4099650682871160"},"themes":[],"htmlText":"Okay ","listText":"Okay ","text":"Okay","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/603266339","repostId":"1149587179","repostType":4,"isVote":1,"tweetType":1,"viewCount":559,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":603268406,"gmtCreate":1638414651100,"gmtModify":1638415039787,"author":{"id":"4099650682871160","authorId":"4099650682871160","name":"LLim","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4099650682871160","authorIdStr":"4099650682871160"},"themes":[],"htmlText":"[Smile] ","listText":"[Smile] ","text":"[Smile]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/603268406","repostId":"1184487758","repostType":4,"isVote":1,"tweetType":1,"viewCount":752,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":877796110,"gmtCreate":1637980258969,"gmtModify":1637983980716,"author":{"id":"4099650682871160","authorId":"4099650682871160","name":"LLim","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4099650682871160","authorIdStr":"4099650682871160"},"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/877796110","repostId":"1138332509","repostType":4,"repost":{"id":"1138332509","pubTimestamp":1637978067,"share":"https://www.laohu8.com/m/news/1138332509?lang=&edition=full","pubTime":"2021-11-27 09:54","market":"us","language":"en","title":"Did Qualcomm Just Reveal One of Meta's Biggest Secrets?","url":"https://stock-news.laohu8.com/highlight/detail?id=1138332509","media":"Motley Fool","summary":"Meta Platforms, the tech giant formerly known as Facebook, has never revealed any exact shipment figures for its Oculus virtual reality headsets. But it's dropped plenty of hints along the way.Two years ago, CEO Mark Zuckerberg set a long-term goal of hitting 10 million VR users to become a sustainable software platform for developers. This August, Meta's AR and VR chief Andrew Bosworth said he was \"convinced\" it would hit that threshold earlier than it \"had initially expected.\". In a subsequen","content":"<p><b>Meta Platforms</b>(NASDAQ:FB), the tech giant formerly known as Facebook, has never revealed any exact shipment figures for its Oculus virtual reality (VR) headsets. But it's dropped plenty of hints along the way.</p>\n<p>Two years ago, CEO Mark Zuckerberg set a long-term goal of hitting 10 million VR users to become a sustainable software platform for developers. This August, Meta's AR and VR chief Andrew Bosworth said he was \"convinced\" it would hit that threshold earlier than it \"had initially expected.\"</p>\n<p>Meta didn't say anything else about hitting that target during last quarter's conference call, but it attributed the 195% year-over-year growth of its \"others\" segment to \"strong Quest 2 sales.\" However,<b>Qualcomm</b>(NASDAQ:QCOM) seemingly let the cat of the bag in a recent investor day presentation, when CEO Cristiano Amon casually noted that Oculus had shipped 10 million Quest 2 headsets since its launch last October.</p>\n<p>In a subsequent statement, Qualcomm said that figure was actually based on third-party estimates and wasn't \"meant as an official disclosure of sales numbers by Meta or Qualcomm.\" But even if those numbers weren't official, they give investors a much clearer view of Meta's opaque Oculus segment.</p>\n<p>Why does Meta want to sell 10 million headsets?</p>\n<p>Meta bought Oculus VR in 2014, and it launched its first commercial headset, the Oculus Rift, in 2016. However, the Rift remained a niche gaming device that needed to be tethered to a high-end PC.</p>\n<p>To address those limitations, Meta launched its first wireless VR headset, the Oculus Go, in 2018. It wasn't as powerful as the Rift, but it didn't need to be tethered to a PC or mobile device. It followed up the Go with the more powerful Oculus Quest in 2019, and it launched the Quest 2 -- which was even more powerful, lighter, and had better controllers -- last year.</p>\n<p>The success of the Quest headsets enabled Meta to sell more VR games and experiences on the platform. Last May, it said the Quest platform had surpassed $100 million in VR content sales. This January, it said that over 60 Oculus Quest titles had surpassed $1 million in revenue. This October, it said <i>Beat Saber</i>-- the hit VR rhythm game it acquired in late 2019 -- had exceeded $100 million in lifetime sales on the Quest platform alone.</p>\n<p>Those sales figures are tiny compared to Meta's estimated revenue of $117.8 billion this year. Ten million headsets might also sound paltry compared to other gaming platforms.<b>Nintendo</b>, for example, has shipped nearly 95 million Switch devices since 2017.</p>\n<p>However, the Quest has still set up the foundations for Meta's push into the \"metaverse\" -- which already includes new augmented reality (AR) devices like its new Ray-Ban smartglasses and Horizon Workrooms, which enable remote workers to hold VR meetings with digital avatars. The expansion of that ecosystem could gradually tie together its social networking, AR, and VR platforms, while significantly extending its reach beyond PCs and mobile devices.</p>\n<p>Why is Qualcomm talking about VR headsets?</p>\n<p>Qualcomm's chipsets power the Oculus Go, Quest, and Quest 2 headsets. The Go and first-generation Quest both used Snapdragon mobile system on chips (SoCs), which were commonly used in mobile phones.</p>\n<p>However, the second-generation Quest used the new Snapdragon XR2 SoC, which was specifically designed with VR and AR devices in mind. The chipset can be tethered to seven concurrent cameras to track a user's motions and gestures, supports 8K 360-degree videos, provides 3D audio, and supports AI processing features for voice commands.</p>\n<p>Qualcomm is selling more VR/AR chips to diversify its core business away from the smartphone market. That market is heavily commoditized, and it's facing intense competition from rivals like <b>MediaTek</b> as well as first-party chipsets from original equipment manufacturers (OEMs) like <b>Apple</b>,<b>Samsung</b>, and <b>Huawei</b>.</p>\n<p>That's also why Qualcomm has been rolling out new specialized chipsets for wearables, cars, drones, and other Internet of Things (IoT) devices in recent years. None of these chipsets are significantly reducing its dependence on the smartphone market yet, but that could change over the next few years.</p>\n<p>For example, the global AR and VR market could grow at a compound annual growth rate (CAGR) of 46% between 2021 and 2025, according to Technavio. But the global smartphone market might only grow at a CAGR of 1.7% between 2021 and 2026, according to Mordor Intelligence.</p>\n<p>We should take those estimates with a grain of salt, but it's easy to see why Qualcomm is so keen to develop new VR chips for Meta. If VR headset sales tale off over the next few years, Qualcomm could dominate that platform with its chips in the same way it became the market leader in smartphone chips.</p>\n<p>Setting up the foundations of the future</p>\n<p>Qualcomm's revelation, official or not, indicates Meta's VR business is growing rapidly. It isn't as large as the top gaming consoles yet, but it's gaining momentum and forming the foundations of its metaverse business.</p>\n<p>Investors shouldn't expect Meta and Qualcomm to generate significant revenue from those efforts in the near future. But over the long term, they could significantly transform the business models of both companies.</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>Did Qualcomm Just Reveal One of Meta's Biggest Secrets?</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\">\nDid Qualcomm Just Reveal One of Meta's Biggest Secrets?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-11-27 09:54 GMT+8 <a href=https://www.fool.com/investing/2021/11/26/did-qualcomm-just-reveal-meta-biggest-secret/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Meta Platforms(NASDAQ:FB), the tech giant formerly known as Facebook, has never revealed any exact shipment figures for its Oculus virtual reality (VR) headsets. But it's dropped plenty of hints along...</p>\n\n<a href=\"https://www.fool.com/investing/2021/11/26/did-qualcomm-just-reveal-meta-biggest-secret/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"QCOM":"高通"},"source_url":"https://www.fool.com/investing/2021/11/26/did-qualcomm-just-reveal-meta-biggest-secret/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1138332509","content_text":"Meta Platforms(NASDAQ:FB), the tech giant formerly known as Facebook, has never revealed any exact shipment figures for its Oculus virtual reality (VR) headsets. But it's dropped plenty of hints along the way.\nTwo years ago, CEO Mark Zuckerberg set a long-term goal of hitting 10 million VR users to become a sustainable software platform for developers. This August, Meta's AR and VR chief Andrew Bosworth said he was \"convinced\" it would hit that threshold earlier than it \"had initially expected.\"\nMeta didn't say anything else about hitting that target during last quarter's conference call, but it attributed the 195% year-over-year growth of its \"others\" segment to \"strong Quest 2 sales.\" However,Qualcomm(NASDAQ:QCOM) seemingly let the cat of the bag in a recent investor day presentation, when CEO Cristiano Amon casually noted that Oculus had shipped 10 million Quest 2 headsets since its launch last October.\nIn a subsequent statement, Qualcomm said that figure was actually based on third-party estimates and wasn't \"meant as an official disclosure of sales numbers by Meta or Qualcomm.\" But even if those numbers weren't official, they give investors a much clearer view of Meta's opaque Oculus segment.\nWhy does Meta want to sell 10 million headsets?\nMeta bought Oculus VR in 2014, and it launched its first commercial headset, the Oculus Rift, in 2016. However, the Rift remained a niche gaming device that needed to be tethered to a high-end PC.\nTo address those limitations, Meta launched its first wireless VR headset, the Oculus Go, in 2018. It wasn't as powerful as the Rift, but it didn't need to be tethered to a PC or mobile device. It followed up the Go with the more powerful Oculus Quest in 2019, and it launched the Quest 2 -- which was even more powerful, lighter, and had better controllers -- last year.\nThe success of the Quest headsets enabled Meta to sell more VR games and experiences on the platform. Last May, it said the Quest platform had surpassed $100 million in VR content sales. This January, it said that over 60 Oculus Quest titles had surpassed $1 million in revenue. This October, it said Beat Saber-- the hit VR rhythm game it acquired in late 2019 -- had exceeded $100 million in lifetime sales on the Quest platform alone.\nThose sales figures are tiny compared to Meta's estimated revenue of $117.8 billion this year. Ten million headsets might also sound paltry compared to other gaming platforms.Nintendo, for example, has shipped nearly 95 million Switch devices since 2017.\nHowever, the Quest has still set up the foundations for Meta's push into the \"metaverse\" -- which already includes new augmented reality (AR) devices like its new Ray-Ban smartglasses and Horizon Workrooms, which enable remote workers to hold VR meetings with digital avatars. The expansion of that ecosystem could gradually tie together its social networking, AR, and VR platforms, while significantly extending its reach beyond PCs and mobile devices.\nWhy is Qualcomm talking about VR headsets?\nQualcomm's chipsets power the Oculus Go, Quest, and Quest 2 headsets. The Go and first-generation Quest both used Snapdragon mobile system on chips (SoCs), which were commonly used in mobile phones.\nHowever, the second-generation Quest used the new Snapdragon XR2 SoC, which was specifically designed with VR and AR devices in mind. The chipset can be tethered to seven concurrent cameras to track a user's motions and gestures, supports 8K 360-degree videos, provides 3D audio, and supports AI processing features for voice commands.\nQualcomm is selling more VR/AR chips to diversify its core business away from the smartphone market. That market is heavily commoditized, and it's facing intense competition from rivals like MediaTek as well as first-party chipsets from original equipment manufacturers (OEMs) like Apple,Samsung, and Huawei.\nThat's also why Qualcomm has been rolling out new specialized chipsets for wearables, cars, drones, and other Internet of Things (IoT) devices in recent years. None of these chipsets are significantly reducing its dependence on the smartphone market yet, but that could change over the next few years.\nFor example, the global AR and VR market could grow at a compound annual growth rate (CAGR) of 46% between 2021 and 2025, according to Technavio. But the global smartphone market might only grow at a CAGR of 1.7% between 2021 and 2026, according to Mordor Intelligence.\nWe should take those estimates with a grain of salt, but it's easy to see why Qualcomm is so keen to develop new VR chips for Meta. If VR headset sales tale off over the next few years, Qualcomm could dominate that platform with its chips in the same way it became the market leader in smartphone chips.\nSetting up the foundations of the future\nQualcomm's revelation, official or not, indicates Meta's VR business is growing rapidly. It isn't as large as the top gaming consoles yet, but it's gaining momentum and forming the foundations of its metaverse business.\nInvestors shouldn't expect Meta and Qualcomm to generate significant revenue from those efforts in the near future. But over the long term, they could significantly transform the business models of both companies.","news_type":1},"isVote":1,"tweetType":1,"viewCount":692,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":877798712,"gmtCreate":1637980212141,"gmtModify":1637983980660,"author":{"id":"4099650682871160","authorId":"4099650682871160","name":"LLim","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4099650682871160","authorIdStr":"4099650682871160"},"themes":[],"htmlText":"[Sad] ","listText":"[Sad] ","text":"[Sad]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/877798712","repostId":"2186344334","repostType":4,"repost":{"id":"2186344334","weMediaInfo":{"introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"media_name":"Dow Jones","id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"pubTimestamp":1637967996,"share":"https://www.laohu8.com/m/news/2186344334?lang=&edition=full","pubTime":"2021-11-27 07:06","market":"us","language":"en","title":"Dow plunges 905 points in Black Friday selloff, books worst day in over a year as WHO declares new COVID 'variant of concern'","url":"https://stock-news.laohu8.com/highlight/detail?id=2186344334","media":"Dow Jones","summary":"Dow notches worst day for blue chips since Oct. 28, 2020, FactSet data show\nU.S. stock benchmarks su","content":"<p>Dow notches worst day for blue chips since Oct. 28, 2020, FactSet data show</p>\n<p>U.S. stock benchmarks suffered withering losses on Friday as stock and commodity markets plunged, after scientists detected a new COVID variant in South Africa that could be to blame for a recent sharp surge in cases, especially in Europe.</p>\n<p>U.S. markets were closed for Thanksgiving on Thursday and ended at 1 p.m. Eastern Time on Friday, three hours earlier than usual, and bond market trading ends at 2 p.m., an hour earlier than is typical.</p>\n<p>How are stock-index futures trading?</p>\n<p>On Wednesday, the Dow industrials fell 9.42 points to finish nearly flat at 35,804.38. The S&P 500 slipped 0.2% to close at 4,701.46, just 0.1% below its Nov. 18 record close of 4,704.54, according to Dow Jones Market Data. The Nasdaq Composite Index rose 0.4% to 15,84.23.</p>\n<p>What's driving the market?</p>\n<p>It was an ugly day for stock investors during a thinly traded Black Friday session, which was susceptible to big swings on alarming news from public health officials who were assessing a new variant of the coronavirus that causes COVID-19.</p>\n<p>Late in the session, the World Health Organization's technical advisory group assigned the B. 1.1.529 variant of the virus the Greek letter omicron and declared it a \"variant of concern,\" as it did with the delta variant.</p>\n<p>Fear of a new variant overshadowed the usual focus on U.S. Black Friday shopping day, which puts the focus on retailers as consumers shop for bargains.</p>\n<p>Particularly notable about the variant is the \"large number of mutations, some of which are concerning,\" the WHO group said in a statement. The mutations could make omicron more resistant to the current batch of vaccines.</p>\n<p>The discovery of the new COVID strain was announced on Friday by South Africa's health minister Joe Phaahla. He said scientists were concerned because of its high number of mutations and the dramatic surge in infections the country had seen over the past four or five days.</p>\n<p>\"The pandemic and COVID variants remain <a href=\"https://laohu8.com/S/AONE.U\">one</a> of the biggest risks to markets, and are likely to continue to inject volatility over the next year(s),\" wrote Keith Lerner, co-chief investment officer and chief market strategist at Truist Advisory Services, in a Friday note. \"It's hard to say at this point how lasting or impactful this latest variant will be for markets,\" the analyst wrote.</p>\n<p>The omicron strain has been detected in Botswana and in Hong Kong in travelers who had visited South Africa.</p>\n<p>\"The one bull in the China shop that could truly derail the global recovery has always been a new strain of Covid-19 that swept the world and caused the reimposition of mass social retractions,\" said Jeffrey Halley, senior market analyst, at OANDA, in a note. \"All we know so far is the B. 1.1.529 is heavily mutated but markets are taking no chances.\"</p>\n<p>\"Just when you thought Covid was being controlled in a holiday shortened week,\" said Sam Stovall, chief investment strategist at CFRA Research, in emailed comments.</p>\n<p>Trading around the Thanksgiving holiday is often associated with lower trading volumes as traders typically wait until Monday to return to work. There was no U.S. economic data on the calendar for Friday.</p>\n<p>After new cases stabilized at 200 a day, South Africa reported more than 1,200 on Wednesday and 2,465 on Thursday.</p>\n<p>The U.K. government is banning flights from South Africa along with five other African nations, effective Friday.</p>\n<p>\"Predictably, energy, travel related and financials are the leading decliners and treasuries are rallying,\" wrote Jay Hatfield, CEO and portfolio manager at Infrastructure Capital Management, in emailed comments on Friday.</p>\n<p>\"It makes sense to have a market significant correction given the high level of uncertainty,\" the money manager wrote.</p>\n<p>\"At this stage very little is known,\" Deutsche Bank strategists, led by Jim Reid, told clients in a note. \"Mutations are often less severe so we shouldn't jump to conclusions but there is clearly a lot of concern about this one. Also South Africa is one of the world leaders in sequencing so we are more likely to see this sort of news originate from there than many countries. Suffice to say at this stage no one in markets will have any idea which way this will go.\"</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>Dow plunges 905 points in Black Friday selloff, books worst day in over a year as WHO declares new COVID 'variant of concern'</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\">\nDow plunges 905 points in Black Friday selloff, books worst day in over a year as WHO declares new COVID 'variant of concern'\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/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2021-11-27 07:06</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<p>Dow notches worst day for blue chips since Oct. 28, 2020, FactSet data show</p>\n<p>U.S. stock benchmarks suffered withering losses on Friday as stock and commodity markets plunged, after scientists detected a new COVID variant in South Africa that could be to blame for a recent sharp surge in cases, especially in Europe.</p>\n<p>U.S. markets were closed for Thanksgiving on Thursday and ended at 1 p.m. Eastern Time on Friday, three hours earlier than usual, and bond market trading ends at 2 p.m., an hour earlier than is typical.</p>\n<p>How are stock-index futures trading?</p>\n<p>On Wednesday, the Dow industrials fell 9.42 points to finish nearly flat at 35,804.38. The S&P 500 slipped 0.2% to close at 4,701.46, just 0.1% below its Nov. 18 record close of 4,704.54, according to Dow Jones Market Data. The Nasdaq Composite Index rose 0.4% to 15,84.23.</p>\n<p>What's driving the market?</p>\n<p>It was an ugly day for stock investors during a thinly traded Black Friday session, which was susceptible to big swings on alarming news from public health officials who were assessing a new variant of the coronavirus that causes COVID-19.</p>\n<p>Late in the session, the World Health Organization's technical advisory group assigned the B. 1.1.529 variant of the virus the Greek letter omicron and declared it a \"variant of concern,\" as it did with the delta variant.</p>\n<p>Fear of a new variant overshadowed the usual focus on U.S. Black Friday shopping day, which puts the focus on retailers as consumers shop for bargains.</p>\n<p>Particularly notable about the variant is the \"large number of mutations, some of which are concerning,\" the WHO group said in a statement. The mutations could make omicron more resistant to the current batch of vaccines.</p>\n<p>The discovery of the new COVID strain was announced on Friday by South Africa's health minister Joe Phaahla. He said scientists were concerned because of its high number of mutations and the dramatic surge in infections the country had seen over the past four or five days.</p>\n<p>\"The pandemic and COVID variants remain <a href=\"https://laohu8.com/S/AONE.U\">one</a> of the biggest risks to markets, and are likely to continue to inject volatility over the next year(s),\" wrote Keith Lerner, co-chief investment officer and chief market strategist at Truist Advisory Services, in a Friday note. \"It's hard to say at this point how lasting or impactful this latest variant will be for markets,\" the analyst wrote.</p>\n<p>The omicron strain has been detected in Botswana and in Hong Kong in travelers who had visited South Africa.</p>\n<p>\"The one bull in the China shop that could truly derail the global recovery has always been a new strain of Covid-19 that swept the world and caused the reimposition of mass social retractions,\" said Jeffrey Halley, senior market analyst, at OANDA, in a note. \"All we know so far is the B. 1.1.529 is heavily mutated but markets are taking no chances.\"</p>\n<p>\"Just when you thought Covid was being controlled in a holiday shortened week,\" said Sam Stovall, chief investment strategist at CFRA Research, in emailed comments.</p>\n<p>Trading around the Thanksgiving holiday is often associated with lower trading volumes as traders typically wait until Monday to return to work. There was no U.S. economic data on the calendar for Friday.</p>\n<p>After new cases stabilized at 200 a day, South Africa reported more than 1,200 on Wednesday and 2,465 on Thursday.</p>\n<p>The U.K. government is banning flights from South Africa along with five other African nations, effective Friday.</p>\n<p>\"Predictably, energy, travel related and financials are the leading decliners and treasuries are rallying,\" wrote Jay Hatfield, CEO and portfolio manager at Infrastructure Capital Management, in emailed comments on Friday.</p>\n<p>\"It makes sense to have a market significant correction given the high level of uncertainty,\" the money manager wrote.</p>\n<p>\"At this stage very little is known,\" Deutsche Bank strategists, led by Jim Reid, told clients in a note. \"Mutations are often less severe so we shouldn't jump to conclusions but there is clearly a lot of concern about this one. Also South Africa is one of the world leaders in sequencing so we are more likely to see this sort of news originate from there than many countries. Suffice to say at this stage no one in markets will have any idea which way this will go.\"</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4528":"SaaS概念","BK4190":"消闲用品","ZM":"Zoom","BK4023":"应用软件","BK4525":"远程办公概念","BK4566":"资本集团","PTON":"Peloton Interactive, Inc.","BK4532":"文艺复兴科技持仓","BK4554":"元宇宙及AR概念","BK4535":"淡马锡持仓","BK4548":"巴美列捷福持仓","BK4551":"寇图资本持仓","BK4505":"高瓴资本持仓"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2186344334","content_text":"Dow notches worst day for blue chips since Oct. 28, 2020, FactSet data show\nU.S. stock benchmarks suffered withering losses on Friday as stock and commodity markets plunged, after scientists detected a new COVID variant in South Africa that could be to blame for a recent sharp surge in cases, especially in Europe.\nU.S. markets were closed for Thanksgiving on Thursday and ended at 1 p.m. Eastern Time on Friday, three hours earlier than usual, and bond market trading ends at 2 p.m., an hour earlier than is typical.\nHow are stock-index futures trading?\nOn Wednesday, the Dow industrials fell 9.42 points to finish nearly flat at 35,804.38. The S&P 500 slipped 0.2% to close at 4,701.46, just 0.1% below its Nov. 18 record close of 4,704.54, according to Dow Jones Market Data. The Nasdaq Composite Index rose 0.4% to 15,84.23.\nWhat's driving the market?\nIt was an ugly day for stock investors during a thinly traded Black Friday session, which was susceptible to big swings on alarming news from public health officials who were assessing a new variant of the coronavirus that causes COVID-19.\nLate in the session, the World Health Organization's technical advisory group assigned the B. 1.1.529 variant of the virus the Greek letter omicron and declared it a \"variant of concern,\" as it did with the delta variant.\nFear of a new variant overshadowed the usual focus on U.S. Black Friday shopping day, which puts the focus on retailers as consumers shop for bargains.\nParticularly notable about the variant is the \"large number of mutations, some of which are concerning,\" the WHO group said in a statement. The mutations could make omicron more resistant to the current batch of vaccines.\nThe discovery of the new COVID strain was announced on Friday by South Africa's health minister Joe Phaahla. He said scientists were concerned because of its high number of mutations and the dramatic surge in infections the country had seen over the past four or five days.\n\"The pandemic and COVID variants remain one of the biggest risks to markets, and are likely to continue to inject volatility over the next year(s),\" wrote Keith Lerner, co-chief investment officer and chief market strategist at Truist Advisory Services, in a Friday note. \"It's hard to say at this point how lasting or impactful this latest variant will be for markets,\" the analyst wrote.\nThe omicron strain has been detected in Botswana and in Hong Kong in travelers who had visited South Africa.\n\"The one bull in the China shop that could truly derail the global recovery has always been a new strain of Covid-19 that swept the world and caused the reimposition of mass social retractions,\" said Jeffrey Halley, senior market analyst, at OANDA, in a note. \"All we know so far is the B. 1.1.529 is heavily mutated but markets are taking no chances.\"\n\"Just when you thought Covid was being controlled in a holiday shortened week,\" said Sam Stovall, chief investment strategist at CFRA Research, in emailed comments.\nTrading around the Thanksgiving holiday is often associated with lower trading volumes as traders typically wait until Monday to return to work. There was no U.S. economic data on the calendar for Friday.\nAfter new cases stabilized at 200 a day, South Africa reported more than 1,200 on Wednesday and 2,465 on Thursday.\nThe U.K. government is banning flights from South Africa along with five other African nations, effective Friday.\n\"Predictably, energy, travel related and financials are the leading decliners and treasuries are rallying,\" wrote Jay Hatfield, CEO and portfolio manager at Infrastructure Capital Management, in emailed comments on Friday.\n\"It makes sense to have a market significant correction given the high level of uncertainty,\" the money manager wrote.\n\"At this stage very little is known,\" Deutsche Bank strategists, led by Jim Reid, told clients in a note. \"Mutations are often less severe so we shouldn't jump to conclusions but there is clearly a lot of concern about this one. Also South Africa is one of the world leaders in sequencing so we are more likely to see this sort of news originate from there than many countries. Suffice to say at this stage no one in markets will have any idea which way this will go.\"","news_type":1},"isVote":1,"tweetType":1,"viewCount":634,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0}],"hots":[{"id":601126910,"gmtCreate":1638499716842,"gmtModify":1638499991007,"author":{"id":"4099650682871160","authorId":"4099650682871160","name":"LLim","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4099650682871160","authorIdStr":"4099650682871160"},"themes":[],"htmlText":"👍","listText":"👍","text":"👍","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/601126910","repostId":"2188351763","repostType":4,"repost":{"id":"2188351763","pubTimestamp":1638499437,"share":"https://www.laohu8.com/m/news/2188351763?lang=&edition=full","pubTime":"2021-12-03 10:43","market":"other","language":"en","title":"November jobs report preview: Payrolls likely grew by 548,000 as unemployment rate falls to 4.5%","url":"https://stock-news.laohu8.com/highlight/detail?id=2188351763","media":"Yahoo Finance","summary":"The November jobs report is expected to underscore the tightness of the present labor market, with p","content":"<p>The November jobs report is expected to underscore the tightness of the present labor market, with payroll gains accelerating slightly and the unemployment rate ticking down further during the month. And with labor shortages still rampant, economists are also predicting another hot print on wage growth.</p>\n<p>The Labor Department is set to release its November jobs report Friday at 8:30 a.m. ET. Here were the main metrics expected from the print based on consensus estimates compiled by Bloomberg:</p>\n<ul>\n <li><p><b>Non-farm payrolls: </b>+548,000 expected, +531,000 in October</p></li>\n <li><p><b>Unemployment rate: </b>4.5% expected, 4.6% in October</p></li>\n <li><p><b>Average hourly earnings, month-over-month: </b>0.4% expected, 0.4% in October</p></li>\n <li><p><b>Average hourly earnings, year-over-year: </b>5.0% expected, 4.9% in October</p></li>\n</ul>\n<p>U.S. employers have added back jobs on net in every month so far in 2021 as vaccinations, reopenings and a recovery in the high-contact services industries helped boost hiring. At 550,000, the expected non-farm payrolls increase for November would mark a back-to-back month that job gains came in above the psychologically important half-million level. It would also represent the most jobs added back since July.</p>\n<p>But despite the solid rehiring throughout the year, labor force participation remains short of pre-pandemic levels. As of October, the civilian labor force was still down by nearly 3 million participants, compared to February 2020. Consensus economists expect the labor force participation rate to tick up only slightly in November to reach 61.7%, growing from October's 61.6% but still coming in well below the 63.3% rate from February 2020.</p>\n<p>Economists have attributed the stubbornly depressed participation rate to a host of factors, including lingering concerns about COVID-19 infections, difficulties finding child care and a desire by many workers to leave their jobs and pursue roles with more flexibility, wages or benefits. With the latest emergence of the Omicron variant, these myriad factors may further inhibit a rebound in labor force participation.</p>\n<p>\"Labor supply shortages do not show material signs of improvement, and could actually worsen in coming months with the federal vaccine mandate taking effect on January 4, 2022. As such, labor market conditions should remain tight, perpetuating strong wage growth,\" Sam Bullard, managing director and senior economist for Wells Fargo, wrote in an email. \"On balance, robust labor demand and further COVID improvements should support strong labor market gains last month, though we are mindful of the challenges the are likely to persist in the labor market for the foreseeable future.\"</p>\n<p>As worker demand remains elevated, wages have also risen and contributed to the inflation seen across the economy this year. Average hourly earnings are expected to rise for an eighth straight month. And on a year-over-year basis, average hourly earnings likely accelerated by 5.0%, or the most since February.</p>\n<p>These inflationary trends have also been reflected in other recent economic data. The government's latest report on October core personal consumption expenditures, or the Federal Reserve's preferred inflation gauge, showed an increase of 4.1% year-over-year – the most in three decades.</p>\n<p>And key members of the Fed have signaled they are inclined to shift their focus to staving off inflation, even as the labor force participation and unemployment rates have yet to return to their pre-pandemic levels. Fed Chair Jerome Powell said earlier this week that the central bank's asset-purchase tapering program could end \"a few months early,\" voicing confidence that the economic recovery had progressed enough to warrant a quicker end to the bank's crisis-era support.</p>\n<p>\"Fed Chair Powell was right to hint the central bank might speed up the tapering process because a tight labor market means increasing wage demands will stoke the fires of inflation,\" said Chris Rupkey, chief economist for FWDBONDS, in an email. \"The central bank has misread the economic tea leaves before, claiming erroneously the labor market still had slack remaining, and Fed officials run the risk of downplaying the inflation dangers out there again.\"</p>\n<p>And heading into Friday's report, other labor market data have also underscored the present tightness of the labor market. ADP's jobs report on Wednesday, while an imperfect indicator of the monthly government data, nevertheless showed an encouragingly stronger-than-expected rise in private-sector employment growth last month. And weekly jobless claims from the Labor Department slid to the lowest level in 52 years during the survey week for the monthly jobs report, presaging a potentially strong payrolls print.</p>\n<p>\"While the backdrop of uncertainty regarding Omicron definitely isn’t helping the market, we’re getting some relatively positive news on the labor market front,\" said Mike Loewengart, managing director of investment management at E-Trade Financial, in an email. \"With ADP and jobless claims coming in better than expected, we’ll have to see if the full employment picture tomorrow can carry the torch to continue the forward momentum when it comes to jobs.\"</p>\n<p>\"That said, these numbers are backward looking, so with the new variant coming to light only in the past week, it remains to be seen how it could play a role in effecting the workforce and our economic recovery at large,\" Loewengart added.</p>","source":"yahoofinance_au","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>November jobs report preview: Payrolls likely grew by 548,000 as unemployment rate falls to 4.5%</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; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nNovember jobs report preview: Payrolls likely grew by 548,000 as unemployment rate falls to 4.5%\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-12-03 10:43 GMT+8 <a href=https://finance.yahoo.com/news/november-jobs-report-payrolls-labor-department-2021-195757677.html><strong>Yahoo Finance</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The November jobs report is expected to underscore the tightness of the present labor market, with payroll gains accelerating slightly and the unemployment rate ticking down further during the month. ...</p>\n\n<a href=\"https://finance.yahoo.com/news/november-jobs-report-payrolls-labor-department-2021-195757677.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯",".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index"},"source_url":"https://finance.yahoo.com/news/november-jobs-report-payrolls-labor-department-2021-195757677.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2188351763","content_text":"The November jobs report is expected to underscore the tightness of the present labor market, with payroll gains accelerating slightly and the unemployment rate ticking down further during the month. And with labor shortages still rampant, economists are also predicting another hot print on wage growth.\nThe Labor Department is set to release its November jobs report Friday at 8:30 a.m. ET. Here were the main metrics expected from the print based on consensus estimates compiled by Bloomberg:\n\nNon-farm payrolls: +548,000 expected, +531,000 in October\nUnemployment rate: 4.5% expected, 4.6% in October\nAverage hourly earnings, month-over-month: 0.4% expected, 0.4% in October\nAverage hourly earnings, year-over-year: 5.0% expected, 4.9% in October\n\nU.S. employers have added back jobs on net in every month so far in 2021 as vaccinations, reopenings and a recovery in the high-contact services industries helped boost hiring. At 550,000, the expected non-farm payrolls increase for November would mark a back-to-back month that job gains came in above the psychologically important half-million level. It would also represent the most jobs added back since July.\nBut despite the solid rehiring throughout the year, labor force participation remains short of pre-pandemic levels. As of October, the civilian labor force was still down by nearly 3 million participants, compared to February 2020. Consensus economists expect the labor force participation rate to tick up only slightly in November to reach 61.7%, growing from October's 61.6% but still coming in well below the 63.3% rate from February 2020.\nEconomists have attributed the stubbornly depressed participation rate to a host of factors, including lingering concerns about COVID-19 infections, difficulties finding child care and a desire by many workers to leave their jobs and pursue roles with more flexibility, wages or benefits. With the latest emergence of the Omicron variant, these myriad factors may further inhibit a rebound in labor force participation.\n\"Labor supply shortages do not show material signs of improvement, and could actually worsen in coming months with the federal vaccine mandate taking effect on January 4, 2022. As such, labor market conditions should remain tight, perpetuating strong wage growth,\" Sam Bullard, managing director and senior economist for Wells Fargo, wrote in an email. \"On balance, robust labor demand and further COVID improvements should support strong labor market gains last month, though we are mindful of the challenges the are likely to persist in the labor market for the foreseeable future.\"\nAs worker demand remains elevated, wages have also risen and contributed to the inflation seen across the economy this year. Average hourly earnings are expected to rise for an eighth straight month. And on a year-over-year basis, average hourly earnings likely accelerated by 5.0%, or the most since February.\nThese inflationary trends have also been reflected in other recent economic data. The government's latest report on October core personal consumption expenditures, or the Federal Reserve's preferred inflation gauge, showed an increase of 4.1% year-over-year – the most in three decades.\nAnd key members of the Fed have signaled they are inclined to shift their focus to staving off inflation, even as the labor force participation and unemployment rates have yet to return to their pre-pandemic levels. Fed Chair Jerome Powell said earlier this week that the central bank's asset-purchase tapering program could end \"a few months early,\" voicing confidence that the economic recovery had progressed enough to warrant a quicker end to the bank's crisis-era support.\n\"Fed Chair Powell was right to hint the central bank might speed up the tapering process because a tight labor market means increasing wage demands will stoke the fires of inflation,\" said Chris Rupkey, chief economist for FWDBONDS, in an email. \"The central bank has misread the economic tea leaves before, claiming erroneously the labor market still had slack remaining, and Fed officials run the risk of downplaying the inflation dangers out there again.\"\nAnd heading into Friday's report, other labor market data have also underscored the present tightness of the labor market. ADP's jobs report on Wednesday, while an imperfect indicator of the monthly government data, nevertheless showed an encouragingly stronger-than-expected rise in private-sector employment growth last month. And weekly jobless claims from the Labor Department slid to the lowest level in 52 years during the survey week for the monthly jobs report, presaging a potentially strong payrolls print.\n\"While the backdrop of uncertainty regarding Omicron definitely isn’t helping the market, we’re getting some relatively positive news on the labor market front,\" said Mike Loewengart, managing director of investment management at E-Trade Financial, in an email. \"With ADP and jobless claims coming in better than expected, we’ll have to see if the full employment picture tomorrow can carry the torch to continue the forward momentum when it comes to jobs.\"\n\"That said, these numbers are backward looking, so with the new variant coming to light only in the past week, it remains to be seen how it could play a role in effecting the workforce and our economic recovery at large,\" Loewengart added.","news_type":1},"isVote":1,"tweetType":1,"viewCount":630,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":603266339,"gmtCreate":1638414680153,"gmtModify":1638415039980,"author":{"id":"4099650682871160","authorId":"4099650682871160","name":"LLim","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4099650682871160","authorIdStr":"4099650682871160"},"themes":[],"htmlText":"Okay ","listText":"Okay ","text":"Okay","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/603266339","repostId":"1149587179","repostType":4,"repost":{"id":"1149587179","pubTimestamp":1638413727,"share":"https://www.laohu8.com/m/news/1149587179?lang=&edition=full","pubTime":"2021-12-02 10:55","market":"us","language":"en","title":"PSTH Stock Is in Focus as Bill Ackman Debuts ‘SPARC’ Plans. 11 Things to Know.","url":"https://stock-news.laohu8.com/highlight/detail?id=1149587179","media":"InvestorPlace","summary":"Hedge fund legend Bill Ackman has some big news. After much speculation over the fate of Pershing Sq","content":"<p>Hedge fund legend Bill Ackman has some big news. After much speculation over the fate of <b>Pershing Square Tontine Holdings</b>(NYSE:<b><u>PSTH</u></b>), Ackman recently announced his plans to launch <b>Pershing Square SPARC Holdings</b>, a special purpose acquisition rights company. Consequently, shares of PSTH stock are on watch as investors mull over the new proposition.</p>\n<p>So, what exactly is a SPARC?</p>\n<p>A SPARC operates as a modified, opt-in version of a special purpose acquisition company (SPAC). Investors in PSTH stock who opt in would receive long-dated, transferrable special purpose acquisition rights (SPAR) warrants to acquire common stock in the new company. Essentially, SPAR warrants would give holders the opportunity to invest in the company’s future merger transaction. Pershing Square SPARC Holdings and the SPARs are not yet publicly tradable and still need approval from the U.S. Securities and Exchange Commission (SEC) and the <b>New York Stock Exchange</b>.</p>\n<p>With that said, many are still confused about the implications of this on PSTH stock. Let’s take a deeper look at what investors need to know.</p>\n<p></p>\n<p>Bill Ackman’s SPARC: How Will It Affect PSTH Stock?</p>\n<ol>\n <li>One thing to note is that this company is not a SPAC, and it is not raising capital from investors at this time. Instead, it is issuing warrants to holders of Class A PSTH stock, as well as PSTH warrant holders.</li>\n <li>Like a SPAC, however, Bill Ackman’s new SPARC does intend to complete a merger with a private company to take it public. Once it has identified a target, it will issue a prospectus to the SPARC warrant holders. Those holders will then have the option to exercise their warrants to receive shares in the new company.</li>\n <li>This is one of the main benefits of the SPARC, as it will not hold investors’ money while searching for a merger target.</li>\n <li>Additionally, the SPARC will not have a time limit to identify a target and close its merger. Right now, most SPACs must complete this process within two years.</li>\n <li>As <i>InvestorPlace</i>contributor Mark Hake noted, Ackman’s SPARChas not yet set an exercise price for the warrants, although SPARs will have a minimum exercise price of $10. Instead, the company will set an exercise price once it identifies a target and how much public capital it wants to raise. For instance, its filing with the SEC notes it could choose to set the exercise price at $20. Hake argues this makes it difficult to value the SPARC as a security.</li>\n <li>At the minimum $10 exercise price, the SPARC would raise proceeds of $2,444,444,440.</li>\n <li>Because of this structure, Hake (and Ackman) recognize it may be hard for the SPARC to gain regulatory approval. The current plan is for the SPARC warrants to trade on the New York Stock Exchange.</li>\n <li>However, if that listing is not approved, the SPARC warrants would trade on the over-the-counter markets.</li>\n <li>So when and how will the SPARC issue warrants? According to the filing, it depends on what happens with the PSTH SPAC, which is still searching for a merger partner.</li>\n <li>If PSTH has initiated its merger by the deadline, the SPARC will issue its warrants to outstanding PSTH stock holders. If it fails to initiate a merger by the deadline, PSTH will have to liquidate the money in its trust and return that to shareholders. Ackman’s SPARC would then issue one SPAR for each of the 200 million PSTH shares outstanding.</li>\n <li>Ackman’s SPARC estimates that the SEC will declare its registration statement effective around the same time PSTH approaches its merger deadline. This will kick off the process of issuing SPARC warrants.</li>\n</ol>","source":"lsy1606302653667","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>PSTH Stock Is in Focus as Bill Ackman Debuts ‘SPARC’ Plans. 11 Things to Know.</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\">\nPSTH Stock Is in Focus as Bill Ackman Debuts ‘SPARC’ Plans. 11 Things to Know.\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-12-02 10:55 GMT+8 <a href=https://investorplace.com/2021/12/psth-stock-is-in-focus-as-bill-ackman-debuts-sparc-plans-11-things-to-know/><strong>InvestorPlace</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Hedge fund legend Bill Ackman has some big news. After much speculation over the fate of Pershing Square Tontine Holdings(NYSE:PSTH), Ackman recently announced his plans to launch Pershing Square ...</p>\n\n<a href=\"https://investorplace.com/2021/12/psth-stock-is-in-focus-as-bill-ackman-debuts-sparc-plans-11-things-to-know/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"PSTH":"Pershing Square Tontine Holdings"},"source_url":"https://investorplace.com/2021/12/psth-stock-is-in-focus-as-bill-ackman-debuts-sparc-plans-11-things-to-know/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1149587179","content_text":"Hedge fund legend Bill Ackman has some big news. After much speculation over the fate of Pershing Square Tontine Holdings(NYSE:PSTH), Ackman recently announced his plans to launch Pershing Square SPARC Holdings, a special purpose acquisition rights company. Consequently, shares of PSTH stock are on watch as investors mull over the new proposition.\nSo, what exactly is a SPARC?\nA SPARC operates as a modified, opt-in version of a special purpose acquisition company (SPAC). Investors in PSTH stock who opt in would receive long-dated, transferrable special purpose acquisition rights (SPAR) warrants to acquire common stock in the new company. Essentially, SPAR warrants would give holders the opportunity to invest in the company’s future merger transaction. Pershing Square SPARC Holdings and the SPARs are not yet publicly tradable and still need approval from the U.S. Securities and Exchange Commission (SEC) and the New York Stock Exchange.\nWith that said, many are still confused about the implications of this on PSTH stock. Let’s take a deeper look at what investors need to know.\n\nBill Ackman’s SPARC: How Will It Affect PSTH Stock?\n\nOne thing to note is that this company is not a SPAC, and it is not raising capital from investors at this time. Instead, it is issuing warrants to holders of Class A PSTH stock, as well as PSTH warrant holders.\nLike a SPAC, however, Bill Ackman’s new SPARC does intend to complete a merger with a private company to take it public. Once it has identified a target, it will issue a prospectus to the SPARC warrant holders. Those holders will then have the option to exercise their warrants to receive shares in the new company.\nThis is one of the main benefits of the SPARC, as it will not hold investors’ money while searching for a merger target.\nAdditionally, the SPARC will not have a time limit to identify a target and close its merger. Right now, most SPACs must complete this process within two years.\nAs InvestorPlacecontributor Mark Hake noted, Ackman’s SPARChas not yet set an exercise price for the warrants, although SPARs will have a minimum exercise price of $10. Instead, the company will set an exercise price once it identifies a target and how much public capital it wants to raise. For instance, its filing with the SEC notes it could choose to set the exercise price at $20. Hake argues this makes it difficult to value the SPARC as a security.\nAt the minimum $10 exercise price, the SPARC would raise proceeds of $2,444,444,440.\nBecause of this structure, Hake (and Ackman) recognize it may be hard for the SPARC to gain regulatory approval. The current plan is for the SPARC warrants to trade on the New York Stock Exchange.\nHowever, if that listing is not approved, the SPARC warrants would trade on the over-the-counter markets.\nSo when and how will the SPARC issue warrants? According to the filing, it depends on what happens with the PSTH SPAC, which is still searching for a merger partner.\nIf PSTH has initiated its merger by the deadline, the SPARC will issue its warrants to outstanding PSTH stock holders. If it fails to initiate a merger by the deadline, PSTH will have to liquidate the money in its trust and return that to shareholders. Ackman’s SPARC would then issue one SPAR for each of the 200 million PSTH shares outstanding.\nAckman’s SPARC estimates that the SEC will declare its registration statement effective around the same time PSTH approaches its merger deadline. This will kick off the process of issuing SPARC warrants.","news_type":1},"isVote":1,"tweetType":1,"viewCount":559,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":603268406,"gmtCreate":1638414651100,"gmtModify":1638415039787,"author":{"id":"4099650682871160","authorId":"4099650682871160","name":"LLim","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4099650682871160","authorIdStr":"4099650682871160"},"themes":[],"htmlText":"[Smile] ","listText":"[Smile] ","text":"[Smile]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/603268406","repostId":"1184487758","repostType":4,"repost":{"id":"1184487758","pubTimestamp":1638414203,"share":"https://www.laohu8.com/m/news/1184487758?lang=&edition=full","pubTime":"2021-12-02 11:03","market":"hk","language":"en","title":"Suncity Plunges Up to 20% After Distancing From Junket Operation","url":"https://stock-news.laohu8.com/highlight/detail?id=1184487758","media":"Bloomberg","summary":"Suncity Group Holdings Ltd. plunged as much as 20% as it resumed trading in Hong Kong on Thursday, c","content":"<p>Suncity Group Holdings Ltd. plunged as much as 20% as it resumed trading in Hong Kong on Thursday, continuing a selloff even after distancing itself from its former chairman’s junket operations in Macau.</p>\n<p>The stock had a volatile start to the morning, swinging between falling and rising as much as 6% by 10 a.m. It was down 9.9% as of 10:14 a.m.</p>\n<p>The group suspended trading on Wednesday after slumping 48% the previous day, the steepest drop since 2008. Alvin Chau, Suncity’s controlling shareholder, was detained last week over illegal gambling activities. He resigned as chairman and executive director effective Dec. 1, a step-down that’s in the best interest of the company and will also allow him to devote more time to personal matters, the group said in a statement Wednesday.</p>\n<p>Suncity also clarified that the junket business -- which put Chau in authorities’ crosshairs -- has been operated by a firm wholly owned by Chau, rather than by the group.</p>\n<p>The firm, the listed arm of Suncity Group, operates overseas casinos, hotel and mall consultancy and management, and real estate and travel services.</p>\n<p>Macau’s gaming regulator confirmed on Wednesday that casinos in the gambling hub had closed high-roller gaming rooms operated by Suncity Group. The casinos told Macau’s Gaming Inspection and Coordination Bureau that Suncity VIP rooms were suspended from Dec. 1, ending cooperation with the junket operator, the bureau said in a statement. Casinos and junkets in the Chinese territory must comply with the law, the regulator said.</p>\n<p>The statement follows reports Wednesday -- including by Bloomberg News -- that Suncity, the biggest junket operator in Macau, was closing all its VIP rooms in casinos there and no longer paying some staff.</p>\n<p>The arrest of Chau, one of the highest-profile figures in Macau’s gambling world, has smashed Suncity shares, and sent shockwaves through an industry already under siege from growing government intervention.</p>\n<p>Even before his detention, casinos in Macau were reeling from proposed law changes aimed at bolstering oversight of the sector, which less than three months ago wiped $18 billion off gaming stocks.</p>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Suncity Plunges Up to 20% After Distancing From Junket Operation</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\">\nSuncity Plunges Up to 20% After Distancing From Junket Operation\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-12-02 11:03 GMT+8 <a href=https://www.bloomberg.com/news/articles/2021-12-01/macau-confirms-closure-of-suncity-high-roller-rooms-in-casinos><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Suncity Group Holdings Ltd. plunged as much as 20% as it resumed trading in Hong Kong on Thursday, continuing a selloff even after distancing itself from its former chairman’s junket operations in ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2021-12-01/macau-confirms-closure-of-suncity-high-roller-rooms-in-casinos\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"01383":"LET GROUP"},"source_url":"https://www.bloomberg.com/news/articles/2021-12-01/macau-confirms-closure-of-suncity-high-roller-rooms-in-casinos","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1184487758","content_text":"Suncity Group Holdings Ltd. plunged as much as 20% as it resumed trading in Hong Kong on Thursday, continuing a selloff even after distancing itself from its former chairman’s junket operations in Macau.\nThe stock had a volatile start to the morning, swinging between falling and rising as much as 6% by 10 a.m. It was down 9.9% as of 10:14 a.m.\nThe group suspended trading on Wednesday after slumping 48% the previous day, the steepest drop since 2008. Alvin Chau, Suncity’s controlling shareholder, was detained last week over illegal gambling activities. He resigned as chairman and executive director effective Dec. 1, a step-down that’s in the best interest of the company and will also allow him to devote more time to personal matters, the group said in a statement Wednesday.\nSuncity also clarified that the junket business -- which put Chau in authorities’ crosshairs -- has been operated by a firm wholly owned by Chau, rather than by the group.\nThe firm, the listed arm of Suncity Group, operates overseas casinos, hotel and mall consultancy and management, and real estate and travel services.\nMacau’s gaming regulator confirmed on Wednesday that casinos in the gambling hub had closed high-roller gaming rooms operated by Suncity Group. The casinos told Macau’s Gaming Inspection and Coordination Bureau that Suncity VIP rooms were suspended from Dec. 1, ending cooperation with the junket operator, the bureau said in a statement. Casinos and junkets in the Chinese territory must comply with the law, the regulator said.\nThe statement follows reports Wednesday -- including by Bloomberg News -- that Suncity, the biggest junket operator in Macau, was closing all its VIP rooms in casinos there and no longer paying some staff.\nThe arrest of Chau, one of the highest-profile figures in Macau’s gambling world, has smashed Suncity shares, and sent shockwaves through an industry already under siege from growing government intervention.\nEven before his detention, casinos in Macau were reeling from proposed law changes aimed at bolstering oversight of the sector, which less than three months ago wiped $18 billion off gaming stocks.","news_type":1},"isVote":1,"tweetType":1,"viewCount":752,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":877796110,"gmtCreate":1637980258969,"gmtModify":1637983980716,"author":{"id":"4099650682871160","authorId":"4099650682871160","name":"LLim","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4099650682871160","authorIdStr":"4099650682871160"},"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/877796110","repostId":"1138332509","repostType":4,"repost":{"id":"1138332509","pubTimestamp":1637978067,"share":"https://www.laohu8.com/m/news/1138332509?lang=&edition=full","pubTime":"2021-11-27 09:54","market":"us","language":"en","title":"Did Qualcomm Just Reveal One of Meta's Biggest Secrets?","url":"https://stock-news.laohu8.com/highlight/detail?id=1138332509","media":"Motley Fool","summary":"Meta Platforms, the tech giant formerly known as Facebook, has never revealed any exact shipment figures for its Oculus virtual reality headsets. But it's dropped plenty of hints along the way.Two years ago, CEO Mark Zuckerberg set a long-term goal of hitting 10 million VR users to become a sustainable software platform for developers. This August, Meta's AR and VR chief Andrew Bosworth said he was \"convinced\" it would hit that threshold earlier than it \"had initially expected.\". In a subsequen","content":"<p><b>Meta Platforms</b>(NASDAQ:FB), the tech giant formerly known as Facebook, has never revealed any exact shipment figures for its Oculus virtual reality (VR) headsets. But it's dropped plenty of hints along the way.</p>\n<p>Two years ago, CEO Mark Zuckerberg set a long-term goal of hitting 10 million VR users to become a sustainable software platform for developers. This August, Meta's AR and VR chief Andrew Bosworth said he was \"convinced\" it would hit that threshold earlier than it \"had initially expected.\"</p>\n<p>Meta didn't say anything else about hitting that target during last quarter's conference call, but it attributed the 195% year-over-year growth of its \"others\" segment to \"strong Quest 2 sales.\" However,<b>Qualcomm</b>(NASDAQ:QCOM) seemingly let the cat of the bag in a recent investor day presentation, when CEO Cristiano Amon casually noted that Oculus had shipped 10 million Quest 2 headsets since its launch last October.</p>\n<p>In a subsequent statement, Qualcomm said that figure was actually based on third-party estimates and wasn't \"meant as an official disclosure of sales numbers by Meta or Qualcomm.\" But even if those numbers weren't official, they give investors a much clearer view of Meta's opaque Oculus segment.</p>\n<p>Why does Meta want to sell 10 million headsets?</p>\n<p>Meta bought Oculus VR in 2014, and it launched its first commercial headset, the Oculus Rift, in 2016. However, the Rift remained a niche gaming device that needed to be tethered to a high-end PC.</p>\n<p>To address those limitations, Meta launched its first wireless VR headset, the Oculus Go, in 2018. It wasn't as powerful as the Rift, but it didn't need to be tethered to a PC or mobile device. It followed up the Go with the more powerful Oculus Quest in 2019, and it launched the Quest 2 -- which was even more powerful, lighter, and had better controllers -- last year.</p>\n<p>The success of the Quest headsets enabled Meta to sell more VR games and experiences on the platform. Last May, it said the Quest platform had surpassed $100 million in VR content sales. This January, it said that over 60 Oculus Quest titles had surpassed $1 million in revenue. This October, it said <i>Beat Saber</i>-- the hit VR rhythm game it acquired in late 2019 -- had exceeded $100 million in lifetime sales on the Quest platform alone.</p>\n<p>Those sales figures are tiny compared to Meta's estimated revenue of $117.8 billion this year. Ten million headsets might also sound paltry compared to other gaming platforms.<b>Nintendo</b>, for example, has shipped nearly 95 million Switch devices since 2017.</p>\n<p>However, the Quest has still set up the foundations for Meta's push into the \"metaverse\" -- which already includes new augmented reality (AR) devices like its new Ray-Ban smartglasses and Horizon Workrooms, which enable remote workers to hold VR meetings with digital avatars. The expansion of that ecosystem could gradually tie together its social networking, AR, and VR platforms, while significantly extending its reach beyond PCs and mobile devices.</p>\n<p>Why is Qualcomm talking about VR headsets?</p>\n<p>Qualcomm's chipsets power the Oculus Go, Quest, and Quest 2 headsets. The Go and first-generation Quest both used Snapdragon mobile system on chips (SoCs), which were commonly used in mobile phones.</p>\n<p>However, the second-generation Quest used the new Snapdragon XR2 SoC, which was specifically designed with VR and AR devices in mind. The chipset can be tethered to seven concurrent cameras to track a user's motions and gestures, supports 8K 360-degree videos, provides 3D audio, and supports AI processing features for voice commands.</p>\n<p>Qualcomm is selling more VR/AR chips to diversify its core business away from the smartphone market. That market is heavily commoditized, and it's facing intense competition from rivals like <b>MediaTek</b> as well as first-party chipsets from original equipment manufacturers (OEMs) like <b>Apple</b>,<b>Samsung</b>, and <b>Huawei</b>.</p>\n<p>That's also why Qualcomm has been rolling out new specialized chipsets for wearables, cars, drones, and other Internet of Things (IoT) devices in recent years. None of these chipsets are significantly reducing its dependence on the smartphone market yet, but that could change over the next few years.</p>\n<p>For example, the global AR and VR market could grow at a compound annual growth rate (CAGR) of 46% between 2021 and 2025, according to Technavio. But the global smartphone market might only grow at a CAGR of 1.7% between 2021 and 2026, according to Mordor Intelligence.</p>\n<p>We should take those estimates with a grain of salt, but it's easy to see why Qualcomm is so keen to develop new VR chips for Meta. If VR headset sales tale off over the next few years, Qualcomm could dominate that platform with its chips in the same way it became the market leader in smartphone chips.</p>\n<p>Setting up the foundations of the future</p>\n<p>Qualcomm's revelation, official or not, indicates Meta's VR business is growing rapidly. It isn't as large as the top gaming consoles yet, but it's gaining momentum and forming the foundations of its metaverse business.</p>\n<p>Investors shouldn't expect Meta and Qualcomm to generate significant revenue from those efforts in the near future. But over the long term, they could significantly transform the business models of both companies.</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>Did Qualcomm Just Reveal One of Meta's Biggest Secrets?</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\">\nDid Qualcomm Just Reveal One of Meta's Biggest Secrets?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-11-27 09:54 GMT+8 <a href=https://www.fool.com/investing/2021/11/26/did-qualcomm-just-reveal-meta-biggest-secret/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Meta Platforms(NASDAQ:FB), the tech giant formerly known as Facebook, has never revealed any exact shipment figures for its Oculus virtual reality (VR) headsets. But it's dropped plenty of hints along...</p>\n\n<a href=\"https://www.fool.com/investing/2021/11/26/did-qualcomm-just-reveal-meta-biggest-secret/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"QCOM":"高通"},"source_url":"https://www.fool.com/investing/2021/11/26/did-qualcomm-just-reveal-meta-biggest-secret/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1138332509","content_text":"Meta Platforms(NASDAQ:FB), the tech giant formerly known as Facebook, has never revealed any exact shipment figures for its Oculus virtual reality (VR) headsets. But it's dropped plenty of hints along the way.\nTwo years ago, CEO Mark Zuckerberg set a long-term goal of hitting 10 million VR users to become a sustainable software platform for developers. This August, Meta's AR and VR chief Andrew Bosworth said he was \"convinced\" it would hit that threshold earlier than it \"had initially expected.\"\nMeta didn't say anything else about hitting that target during last quarter's conference call, but it attributed the 195% year-over-year growth of its \"others\" segment to \"strong Quest 2 sales.\" However,Qualcomm(NASDAQ:QCOM) seemingly let the cat of the bag in a recent investor day presentation, when CEO Cristiano Amon casually noted that Oculus had shipped 10 million Quest 2 headsets since its launch last October.\nIn a subsequent statement, Qualcomm said that figure was actually based on third-party estimates and wasn't \"meant as an official disclosure of sales numbers by Meta or Qualcomm.\" But even if those numbers weren't official, they give investors a much clearer view of Meta's opaque Oculus segment.\nWhy does Meta want to sell 10 million headsets?\nMeta bought Oculus VR in 2014, and it launched its first commercial headset, the Oculus Rift, in 2016. However, the Rift remained a niche gaming device that needed to be tethered to a high-end PC.\nTo address those limitations, Meta launched its first wireless VR headset, the Oculus Go, in 2018. It wasn't as powerful as the Rift, but it didn't need to be tethered to a PC or mobile device. It followed up the Go with the more powerful Oculus Quest in 2019, and it launched the Quest 2 -- which was even more powerful, lighter, and had better controllers -- last year.\nThe success of the Quest headsets enabled Meta to sell more VR games and experiences on the platform. Last May, it said the Quest platform had surpassed $100 million in VR content sales. This January, it said that over 60 Oculus Quest titles had surpassed $1 million in revenue. This October, it said Beat Saber-- the hit VR rhythm game it acquired in late 2019 -- had exceeded $100 million in lifetime sales on the Quest platform alone.\nThose sales figures are tiny compared to Meta's estimated revenue of $117.8 billion this year. Ten million headsets might also sound paltry compared to other gaming platforms.Nintendo, for example, has shipped nearly 95 million Switch devices since 2017.\nHowever, the Quest has still set up the foundations for Meta's push into the \"metaverse\" -- which already includes new augmented reality (AR) devices like its new Ray-Ban smartglasses and Horizon Workrooms, which enable remote workers to hold VR meetings with digital avatars. The expansion of that ecosystem could gradually tie together its social networking, AR, and VR platforms, while significantly extending its reach beyond PCs and mobile devices.\nWhy is Qualcomm talking about VR headsets?\nQualcomm's chipsets power the Oculus Go, Quest, and Quest 2 headsets. The Go and first-generation Quest both used Snapdragon mobile system on chips (SoCs), which were commonly used in mobile phones.\nHowever, the second-generation Quest used the new Snapdragon XR2 SoC, which was specifically designed with VR and AR devices in mind. The chipset can be tethered to seven concurrent cameras to track a user's motions and gestures, supports 8K 360-degree videos, provides 3D audio, and supports AI processing features for voice commands.\nQualcomm is selling more VR/AR chips to diversify its core business away from the smartphone market. That market is heavily commoditized, and it's facing intense competition from rivals like MediaTek as well as first-party chipsets from original equipment manufacturers (OEMs) like Apple,Samsung, and Huawei.\nThat's also why Qualcomm has been rolling out new specialized chipsets for wearables, cars, drones, and other Internet of Things (IoT) devices in recent years. None of these chipsets are significantly reducing its dependence on the smartphone market yet, but that could change over the next few years.\nFor example, the global AR and VR market could grow at a compound annual growth rate (CAGR) of 46% between 2021 and 2025, according to Technavio. But the global smartphone market might only grow at a CAGR of 1.7% between 2021 and 2026, according to Mordor Intelligence.\nWe should take those estimates with a grain of salt, but it's easy to see why Qualcomm is so keen to develop new VR chips for Meta. If VR headset sales tale off over the next few years, Qualcomm could dominate that platform with its chips in the same way it became the market leader in smartphone chips.\nSetting up the foundations of the future\nQualcomm's revelation, official or not, indicates Meta's VR business is growing rapidly. It isn't as large as the top gaming consoles yet, but it's gaining momentum and forming the foundations of its metaverse business.\nInvestors shouldn't expect Meta and Qualcomm to generate significant revenue from those efforts in the near future. But over the long term, they could significantly transform the business models of both companies.","news_type":1},"isVote":1,"tweetType":1,"viewCount":692,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":604101079,"gmtCreate":1639356202137,"gmtModify":1639361240753,"author":{"id":"4099650682871160","authorId":"4099650682871160","name":"LLim","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4099650682871160","authorIdStr":"4099650682871160"},"themes":[],"htmlText":"Ok ","listText":"Ok ","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/604101079","repostId":"1103000405","repostType":4,"repost":{"id":"1103000405","pubTimestamp":1639355233,"share":"https://www.laohu8.com/m/news/1103000405?lang=&edition=full","pubTime":"2021-12-13 08:27","market":"us","language":"en","title":"Where Will Rivian Be in 5 Years?","url":"https://stock-news.laohu8.com/highlight/detail?id=1103000405","media":"Motley Fool","summary":"$Rivian Automotive, Inc.$ got loads of attention and interest after its recent IPO. And why not?The newly listed company has left the likes of Ford, General Motors, and Tesla behind in launching an all-electric pickup truck. It has also got more than 55,000 pre-orders for its pickup truck and SUV.Yet, Rivian is at a very early stage, having delivered just 156 vehicles through October. Let's look at where the company and its stock could be five years from now.Rivian plans to focus on the pickup t","content":"<p><a href=\"https://laohu8.com/S/RIVN\">Rivian Automotive, Inc.</a> got loads of attention and interest after its recent IPO. And why not? The newly listed company has left the likes of Ford, General Motors, and Tesla behind in launching an all-electric pickup truck. It has also got more than 55,000 pre-orders for its pickup truck and SUV.</p>\n<p></p>\n<p>Yet, Rivian is at a very early stage, having delivered just 156 vehicles through October. Let's look at where the company and its stock could be five years from now.</p>\n<p></p>\n<p><b>Rivian's growth plans</b></p>\n<p>Rivian plans to focus on the pickup truck, SUV, and commercial van market segments in the near term. Its focus geographies initially include the U.S., Canada, and Western Europe. In the long term, the company hopes to grow by entering new key markets as well as developing adjacent products. Rivian has started commercial production of its pickup truck R1T and plans to start production of its SUV -- R1S -- and electric delivery van in December.</p>\n<p></p>\n<p></p>\n<p>Rivian's production facility in Normal, Illinois, has an estimated annual production capacity of 150,000 units. In addition to 55,000 pre-orders for R1T and R1S, Rivian has an agreement with Amazon for 100,000 delivery vans through 2030. However, Rivian expects to deliver all of the vans by as early as 2025.</p>\n<p></p>\n<p>It expects to deliver its pre-order backlog of 55,000 R1Ts and R1Ss by the end of 2023. Further, Rivian expects to reach an annual production rate of 150,000 vehicles (including commercial vehicles) by late 2023.</p>\n<p></p>\n<p>If things go as per Rivian's plan, the company would have delivered 55,000 pickup trucks and SUVs, in addition to, say, half of its 100,000 commercial delivery vans by the end of 2023. In five years, it could be producing 150,000 vehicles annually and might already be setting up a new production facility.</p>\n<p></p>\n<p><b>What could support Rivian's growth</b></p>\n<p>In addition to broader governmental and regulatory support for EVs, Rivian has some distinct advantages. First, it is targeting the pickup trucks and SUVs segment, which are among the highest-volume and most profitable auto segments. Similarly, e-commerce growth is pushing the demand for delivery vehicles -- another of Rivian's key segments. Logistics and e-commerce companies are transforming their fleets to electric vehicles, anticipating increased regulatory requirements for the same.</p>\n<p></p>\n<p>Further, Rivian's own charging network may help its growth. Rivian hopes to appeal to its potential customers and build confidence in the brand through its own network of chargers. In sync with the company's offerings, it plans to place chargers at adventurous destinations, in addition to interstates. By the end of 2023, the company plans to install more than 3,500 fast chargers at over 600 sites. Additionally, the company intends to install more than 10,000 level 2 chargers through 2023.</p>\n<p></p>\n<p>Rivian's direct-to-customer model, with no dealer network, along with its own charging and service network could help it deliver an end-to-end differentiated customer experience. Over time, the company hopes to monetize this through high-value services and subscription opportunities, including membership and software services, financing, insurance, charging, maintenance, repair, as well as Rivian's own resale program.</p>\n<p></p>\n<p>Finally, the recent interest in Rivian shows that it has already managed to become a known brand without actually spending much on branding.</p>\n<p></p>\n<p><b>Is Rivian stock a buy?</b></p>\n<p>All of these factors make Rivian look like an interesting company. However, it is worth noting that these factors could already be priced into the stock. With a market valuation of more than $100 billion, investors are pricing Rivian for perfection.</p>\n<p></p>\n<p>In addition to execution risks, challenges from competition also need to be considered. As an example, Ford already has nearly 200,000 reservations for its upcoming electric pickup truck, F-150 Lightning. Similarly, upcoming electric pickup trucks from Tesla, General Motors, and several others will further heat up competition for Rivian. Rivian still needs to prove that it can deliver vehicles profitably and scale up production as planned.</p>\n<p></p>\n<p>Overall, though Rivian looks promising, its stock price could already be reflecting that. Investors will get more updates on the company's progress when it releases its third-quarter results on Dec. 16.</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>Where Will Rivian Be in 5 Years?</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\">\nWhere Will Rivian Be in 5 Years?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-12-13 08:27 GMT+8 <a href=https://www.fool.com/investing/2021/12/12/where-will-rivian-be-in-5-years/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Rivian Automotive, Inc. got loads of attention and interest after its recent IPO. And why not? The newly listed company has left the likes of Ford, General Motors, and Tesla behind in launching an all...</p>\n\n<a href=\"https://www.fool.com/investing/2021/12/12/where-will-rivian-be-in-5-years/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"RIVN":"Rivian Automotive, Inc."},"source_url":"https://www.fool.com/investing/2021/12/12/where-will-rivian-be-in-5-years/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1103000405","content_text":"Rivian Automotive, Inc. got loads of attention and interest after its recent IPO. And why not? The newly listed company has left the likes of Ford, General Motors, and Tesla behind in launching an all-electric pickup truck. It has also got more than 55,000 pre-orders for its pickup truck and SUV.\n\nYet, Rivian is at a very early stage, having delivered just 156 vehicles through October. Let's look at where the company and its stock could be five years from now.\n\nRivian's growth plans\nRivian plans to focus on the pickup truck, SUV, and commercial van market segments in the near term. Its focus geographies initially include the U.S., Canada, and Western Europe. In the long term, the company hopes to grow by entering new key markets as well as developing adjacent products. Rivian has started commercial production of its pickup truck R1T and plans to start production of its SUV -- R1S -- and electric delivery van in December.\n\n\nRivian's production facility in Normal, Illinois, has an estimated annual production capacity of 150,000 units. In addition to 55,000 pre-orders for R1T and R1S, Rivian has an agreement with Amazon for 100,000 delivery vans through 2030. However, Rivian expects to deliver all of the vans by as early as 2025.\n\nIt expects to deliver its pre-order backlog of 55,000 R1Ts and R1Ss by the end of 2023. Further, Rivian expects to reach an annual production rate of 150,000 vehicles (including commercial vehicles) by late 2023.\n\nIf things go as per Rivian's plan, the company would have delivered 55,000 pickup trucks and SUVs, in addition to, say, half of its 100,000 commercial delivery vans by the end of 2023. In five years, it could be producing 150,000 vehicles annually and might already be setting up a new production facility.\n\nWhat could support Rivian's growth\nIn addition to broader governmental and regulatory support for EVs, Rivian has some distinct advantages. First, it is targeting the pickup trucks and SUVs segment, which are among the highest-volume and most profitable auto segments. Similarly, e-commerce growth is pushing the demand for delivery vehicles -- another of Rivian's key segments. Logistics and e-commerce companies are transforming their fleets to electric vehicles, anticipating increased regulatory requirements for the same.\n\nFurther, Rivian's own charging network may help its growth. Rivian hopes to appeal to its potential customers and build confidence in the brand through its own network of chargers. In sync with the company's offerings, it plans to place chargers at adventurous destinations, in addition to interstates. By the end of 2023, the company plans to install more than 3,500 fast chargers at over 600 sites. Additionally, the company intends to install more than 10,000 level 2 chargers through 2023.\n\nRivian's direct-to-customer model, with no dealer network, along with its own charging and service network could help it deliver an end-to-end differentiated customer experience. Over time, the company hopes to monetize this through high-value services and subscription opportunities, including membership and software services, financing, insurance, charging, maintenance, repair, as well as Rivian's own resale program.\n\nFinally, the recent interest in Rivian shows that it has already managed to become a known brand without actually spending much on branding.\n\nIs Rivian stock a buy?\nAll of these factors make Rivian look like an interesting company. However, it is worth noting that these factors could already be priced into the stock. With a market valuation of more than $100 billion, investors are pricing Rivian for perfection.\n\nIn addition to execution risks, challenges from competition also need to be considered. As an example, Ford already has nearly 200,000 reservations for its upcoming electric pickup truck, F-150 Lightning. Similarly, upcoming electric pickup trucks from Tesla, General Motors, and several others will further heat up competition for Rivian. Rivian still needs to prove that it can deliver vehicles profitably and scale up production as planned.\n\nOverall, though Rivian looks promising, its stock price could already be reflecting that. Investors will get more updates on the company's progress when it releases its third-quarter results on Dec. 16.","news_type":1},"isVote":1,"tweetType":1,"viewCount":936,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":604109789,"gmtCreate":1639356145769,"gmtModify":1639361240063,"author":{"id":"4099650682871160","authorId":"4099650682871160","name":"LLim","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4099650682871160","authorIdStr":"4099650682871160"},"themes":[],"htmlText":"[Smile] ","listText":"[Smile] ","text":"[Smile]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/604109789","repostId":"1119459427","repostType":2,"repost":{"id":"1119459427","pubTimestamp":1637045319,"share":"https://www.laohu8.com/m/news/1119459427?lang=&edition=full","pubTime":"2021-11-16 14:48","market":"us","language":"en","title":"These Are The 6 Best EV Stocks To Buy And Watch Now","url":"https://stock-news.laohu8.com/highlight/detail?id=1119459427","media":"Investor's Business Daily","summary":"EV stocks have multiplied in Tesla's (TSLA) wake and aselectric cars look to go mainstream— but not ","content":"<p>EV stocks have multiplied in <b>Tesla</b>'s (TSLA) wake and aselectric cars look to go mainstream— but not all are created equal.Some car stocks are more readythan others for an EV future. Here are the top-rated electric vehicle makers.</p>\n<p>Are Electric Vehicle Stocks A Good Buy?</p>\n<p>Companies with strong track records of earnings growth and market outperformance that are forming bullish chart patterns are the best candidates for stocks to buy and watch, according toCAN SLIM guidelines.</p>\n<p>But most of the new EV stocks have neither. They include<b>Fisker</b>(FSR),<b>Canoo</b>(GOEV),<b>Faraday Future</b>(FFIE),<b>Lordstown</b>(RIDE) and<b>Xos</b>(XOS). In fact, many of these EV startups aren't delivering or producing electric vehicles yet.</p>\n<p>However, two startups have begun selling their first electric vehicles, bringing in revenue.<b>Lucid Motors</b>(LCID) began deliveries of the Air, a luxury electric sedan Oct. 30.<b>Rivian Automotive</b>(RIVN) has also started delivering the R1T, an electric pickup, with the R1S SUV due before year-end.</p>\n<p>Meanwhile, Chinese EV stocks like <b>Nio</b>(NIO),<b>Xpeng</b>(XPEV) and <b>Li Auto</b>(LI) sell tens of thousands of vehicles, but are unprofitable for now. Then there are legacy auto giants like <b>General Motors</b>(GM),<b>Ford</b>(F) and China's <b>BYD Co.</b>(BYDDF) that are transforming into electric-vehicle powerhouses.</p>\n<p><b>Ferrari</b>(RACE) will launchits first all-electric supercarin 2025, joining the ranks of EV stocks after rejecting the shift to electric vehicles for decades.</p>\n<p>Electric Car Stocks Include Battery Stocks, Charging Stocks, EV Suppliers</p>\n<p>The growing universe of EV stocks doesn't end with carmakers. Other companies make car batteries and car charging stations. Among them are EV charging networks <b>ChargePoint</b>(CHPT),<b>EVgo</b>(EVGO),<b>Blink Charging</b>(BLNK) and <b>Wallbox</b>(WBX).</p>\n<p><b>Hyliion</b>(HYLN) is developing electric powertrains for big-rig trucks as well as powertrains that can be compatible with renewable natural gas and hydrogen fuel cells.</p>\n<p><b>Romeo Power</b>(RMO) makes battery packs for commercial EV fleets. And <b>QuantumScape</b>(QS) touts a major breakthrough in solid-state lithium metal batteries.</p>\n<p><b>Magna</b>(MGA) provided components for the Chevy Bolt EV and will make battery enclosures for GM's Hummer electric truck, due in late 2021. It already makes e-drive gearboxes for Nio and Xpeng. Magna also will make the Fisker Ocean SUV, due out late next year.</p>\n<p>Best EV Stocks To Buy Or Watch</p>\n<p>The recent market sell-off has left the charts of several EV stocks badly damaged. But these stocks had the best mix of fundamentals and technicals, as of Nov. 15.</p>\n<p>Tesla stock has an IBDComposite Rating of 99 and anEPS Ratingof 72. Shares are extended from a 900.50buy point, meaning they are not in a properbuy zone. TSLA stock slid sharply last week.CEO Elon Musk unloaded nearly $7 billion of shares. Musk is likely to sell even more, though the timing is unclear.</p>\n<p>The top auto and EV stock by market cap predicts 50% average annual growth in vehicle deliveries, with 2021 expected to be faster than that pace. In 2020, deliveries grew 36% to 499,647. Its first electric pickup truck, the Cybertruck, is due in late 2022. The newModel S Plaid is Telsa's fastest car yet, going from zero to 60 miles per hour in less than two seconds.</p>\n<p>GM stock has an IBD Composite Rating of 80 and an EPS Rating of 43. Shares are out of range from a 58.70 buy point off adouble-bottom base, according to Market Smith chart analysis. On Nov. 17, GM will open its Factory Zero all-electric assembly plant in Michigan.General Motors on June 16 again hiked its spending on electric and autonomous vehiclesto $35 billion through 2025. It aims to launch 30 new EVs around the world by then. Those vehicles will include a Hummer electric truck, set to arrive in late 2021; luxury Cadillac electric SUV, coming by mid-2022; and a Hummer electric SUV, due by early 2023.</p>\n<p>Ford stock has a Composite Rating of 88 and an EPS Rating of 36. Shares are far extended from a 16.55 entry. The company recently reinstated the Ford stock dividend and hiked full-year outlook. In late May,Ford hiked spending on electric vehicles to more than $30 billionby 2025, and expects 40% of its global sales to be fully electric by 2030. Its goal is to launch 16 fully electric cars by 2022. Ford has received 150,000 reservations for the F-150 Lightning, its first electric truck. That Cybertruck rival is due by mid-2022. Ford also owns 12% of Rivian.</p>\n<p>Lucid stock has a Composite Rating of 62 and an EPS Rating of 4. Lucid stock is far beyond buying range from a 28.49 cup-with-handle entry. On Monday,the new Lucid Air EV won MotorTrend's coveted \"2022 Car of the Year\" award, ahead of Lucid's first earnings report. Red-hot Lucid went on a tear in the past weeks after starting its first EV deliveries. The startup should start generating revenue while profits are still a way off. Lucid's Air Dream edition outguns the longest-range Tesla car by more than 100 miles. The Air Dream starts at $169,000, with more affordable versions to follow.</p>\n<p><b>BYD</b>(BYDDF) has no Composite Rating and an EPS Rating of 36, but it is profitable. Shares are extended from a 35.35 double-bottom entry. The Chinese car and battery giant is making a big shift to electrification, which shows early signs of success.October sales of BYD's electric and hybrid-electric vehicles more than tripled, rising by roughly 10,000 for a fifth straight month. BYD, a long-time holding of Warren Buffett's <b>BerkshireHathaway</b>(BRKB), also has begun selling EVs in Norway, starting with the Tang SUV.</p>\n<p>Xpeng stock has a Composite Rating of 61 and an EPS Rating of 7. Shares are back below a 48.08 buy point in a choppy cup base. Another EV startup, China's Xpeng also more than tripled October EV sales, continuing a hot sales streak.<b>Alibaba</b>(BABA)-backed Xpeng already sells two electric SUVs and two electric sedans, an impressive lineup for a young EV company. A new flagship SUV, possibly called the G-7, may be coming in 2022, along with a highly advanced driver-assist system and a self-driving car service.</p>\n<p>In the near term,EV stocks will continue feeling the squeezefrom the global chip shortage that is affecting the overall auto industry. But longer term, more government support is likely headed for electric vehicles, while prices are coming down.</p>","source":"lsy1610612141385","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>These Are The 6 Best EV Stocks To Buy And Watch Now</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nThese Are The 6 Best EV Stocks To Buy And Watch Now\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-11-16 14:48 GMT+8 <a href=https://www.investors.com/news/best-ev-stocks-buy-now-electric-cars/?src=A00220><strong>Investor's Business Daily</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>EV stocks have multiplied in Tesla's (TSLA) wake and aselectric cars look to go mainstream— but not all are created equal.Some car stocks are more readythan others for an EV future. Here are the top-...</p>\n\n<a href=\"https://www.investors.com/news/best-ev-stocks-buy-now-electric-cars/?src=A00220\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GM":"通用汽车","LCID":"Lucid Group Inc","BYDDY":"比亚迪ADR","XPEV":"小鹏汽车","TSLA":"特斯拉","F":"福特汽车","01211":"比亚迪股份","002594":"比亚迪"},"source_url":"https://www.investors.com/news/best-ev-stocks-buy-now-electric-cars/?src=A00220","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1119459427","content_text":"EV stocks have multiplied in Tesla's (TSLA) wake and aselectric cars look to go mainstream— but not all are created equal.Some car stocks are more readythan others for an EV future. Here are the top-rated electric vehicle makers.\nAre Electric Vehicle Stocks A Good Buy?\nCompanies with strong track records of earnings growth and market outperformance that are forming bullish chart patterns are the best candidates for stocks to buy and watch, according toCAN SLIM guidelines.\nBut most of the new EV stocks have neither. They includeFisker(FSR),Canoo(GOEV),Faraday Future(FFIE),Lordstown(RIDE) andXos(XOS). In fact, many of these EV startups aren't delivering or producing electric vehicles yet.\nHowever, two startups have begun selling their first electric vehicles, bringing in revenue.Lucid Motors(LCID) began deliveries of the Air, a luxury electric sedan Oct. 30.Rivian Automotive(RIVN) has also started delivering the R1T, an electric pickup, with the R1S SUV due before year-end.\nMeanwhile, Chinese EV stocks like Nio(NIO),Xpeng(XPEV) and Li Auto(LI) sell tens of thousands of vehicles, but are unprofitable for now. Then there are legacy auto giants like General Motors(GM),Ford(F) and China's BYD Co.(BYDDF) that are transforming into electric-vehicle powerhouses.\nFerrari(RACE) will launchits first all-electric supercarin 2025, joining the ranks of EV stocks after rejecting the shift to electric vehicles for decades.\nElectric Car Stocks Include Battery Stocks, Charging Stocks, EV Suppliers\nThe growing universe of EV stocks doesn't end with carmakers. Other companies make car batteries and car charging stations. Among them are EV charging networks ChargePoint(CHPT),EVgo(EVGO),Blink Charging(BLNK) and Wallbox(WBX).\nHyliion(HYLN) is developing electric powertrains for big-rig trucks as well as powertrains that can be compatible with renewable natural gas and hydrogen fuel cells.\nRomeo Power(RMO) makes battery packs for commercial EV fleets. And QuantumScape(QS) touts a major breakthrough in solid-state lithium metal batteries.\nMagna(MGA) provided components for the Chevy Bolt EV and will make battery enclosures for GM's Hummer electric truck, due in late 2021. It already makes e-drive gearboxes for Nio and Xpeng. Magna also will make the Fisker Ocean SUV, due out late next year.\nBest EV Stocks To Buy Or Watch\nThe recent market sell-off has left the charts of several EV stocks badly damaged. But these stocks had the best mix of fundamentals and technicals, as of Nov. 15.\nTesla stock has an IBDComposite Rating of 99 and anEPS Ratingof 72. Shares are extended from a 900.50buy point, meaning they are not in a properbuy zone. TSLA stock slid sharply last week.CEO Elon Musk unloaded nearly $7 billion of shares. Musk is likely to sell even more, though the timing is unclear.\nThe top auto and EV stock by market cap predicts 50% average annual growth in vehicle deliveries, with 2021 expected to be faster than that pace. In 2020, deliveries grew 36% to 499,647. Its first electric pickup truck, the Cybertruck, is due in late 2022. The newModel S Plaid is Telsa's fastest car yet, going from zero to 60 miles per hour in less than two seconds.\nGM stock has an IBD Composite Rating of 80 and an EPS Rating of 43. Shares are out of range from a 58.70 buy point off adouble-bottom base, according to Market Smith chart analysis. On Nov. 17, GM will open its Factory Zero all-electric assembly plant in Michigan.General Motors on June 16 again hiked its spending on electric and autonomous vehiclesto $35 billion through 2025. It aims to launch 30 new EVs around the world by then. Those vehicles will include a Hummer electric truck, set to arrive in late 2021; luxury Cadillac electric SUV, coming by mid-2022; and a Hummer electric SUV, due by early 2023.\nFord stock has a Composite Rating of 88 and an EPS Rating of 36. Shares are far extended from a 16.55 entry. The company recently reinstated the Ford stock dividend and hiked full-year outlook. In late May,Ford hiked spending on electric vehicles to more than $30 billionby 2025, and expects 40% of its global sales to be fully electric by 2030. Its goal is to launch 16 fully electric cars by 2022. Ford has received 150,000 reservations for the F-150 Lightning, its first electric truck. That Cybertruck rival is due by mid-2022. Ford also owns 12% of Rivian.\nLucid stock has a Composite Rating of 62 and an EPS Rating of 4. Lucid stock is far beyond buying range from a 28.49 cup-with-handle entry. On Monday,the new Lucid Air EV won MotorTrend's coveted \"2022 Car of the Year\" award, ahead of Lucid's first earnings report. Red-hot Lucid went on a tear in the past weeks after starting its first EV deliveries. The startup should start generating revenue while profits are still a way off. Lucid's Air Dream edition outguns the longest-range Tesla car by more than 100 miles. The Air Dream starts at $169,000, with more affordable versions to follow.\nBYD(BYDDF) has no Composite Rating and an EPS Rating of 36, but it is profitable. Shares are extended from a 35.35 double-bottom entry. The Chinese car and battery giant is making a big shift to electrification, which shows early signs of success.October sales of BYD's electric and hybrid-electric vehicles more than tripled, rising by roughly 10,000 for a fifth straight month. BYD, a long-time holding of Warren Buffett's BerkshireHathaway(BRKB), also has begun selling EVs in Norway, starting with the Tang SUV.\nXpeng stock has a Composite Rating of 61 and an EPS Rating of 7. Shares are back below a 48.08 buy point in a choppy cup base. Another EV startup, China's Xpeng also more than tripled October EV sales, continuing a hot sales streak.Alibaba(BABA)-backed Xpeng already sells two electric SUVs and two electric sedans, an impressive lineup for a young EV company. A new flagship SUV, possibly called the G-7, may be coming in 2022, along with a highly advanced driver-assist system and a self-driving car service.\nIn the near term,EV stocks will continue feeling the squeezefrom the global chip shortage that is affecting the overall auto industry. But longer term, more government support is likely headed for electric vehicles, while prices are coming down.","news_type":1},"isVote":1,"tweetType":1,"viewCount":740,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":877798712,"gmtCreate":1637980212141,"gmtModify":1637983980660,"author":{"id":"4099650682871160","authorId":"4099650682871160","name":"LLim","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4099650682871160","authorIdStr":"4099650682871160"},"themes":[],"htmlText":"[Sad] ","listText":"[Sad] ","text":"[Sad]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/877798712","repostId":"2186344334","repostType":4,"repost":{"id":"2186344334","weMediaInfo":{"introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"media_name":"Dow Jones","id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"pubTimestamp":1637967996,"share":"https://www.laohu8.com/m/news/2186344334?lang=&edition=full","pubTime":"2021-11-27 07:06","market":"us","language":"en","title":"Dow plunges 905 points in Black Friday selloff, books worst day in over a year as WHO declares new COVID 'variant of concern'","url":"https://stock-news.laohu8.com/highlight/detail?id=2186344334","media":"Dow Jones","summary":"Dow notches worst day for blue chips since Oct. 28, 2020, FactSet data show\nU.S. stock benchmarks su","content":"<p>Dow notches worst day for blue chips since Oct. 28, 2020, FactSet data show</p>\n<p>U.S. stock benchmarks suffered withering losses on Friday as stock and commodity markets plunged, after scientists detected a new COVID variant in South Africa that could be to blame for a recent sharp surge in cases, especially in Europe.</p>\n<p>U.S. markets were closed for Thanksgiving on Thursday and ended at 1 p.m. Eastern Time on Friday, three hours earlier than usual, and bond market trading ends at 2 p.m., an hour earlier than is typical.</p>\n<p>How are stock-index futures trading?</p>\n<p>On Wednesday, the Dow industrials fell 9.42 points to finish nearly flat at 35,804.38. The S&P 500 slipped 0.2% to close at 4,701.46, just 0.1% below its Nov. 18 record close of 4,704.54, according to Dow Jones Market Data. The Nasdaq Composite Index rose 0.4% to 15,84.23.</p>\n<p>What's driving the market?</p>\n<p>It was an ugly day for stock investors during a thinly traded Black Friday session, which was susceptible to big swings on alarming news from public health officials who were assessing a new variant of the coronavirus that causes COVID-19.</p>\n<p>Late in the session, the World Health Organization's technical advisory group assigned the B. 1.1.529 variant of the virus the Greek letter omicron and declared it a \"variant of concern,\" as it did with the delta variant.</p>\n<p>Fear of a new variant overshadowed the usual focus on U.S. Black Friday shopping day, which puts the focus on retailers as consumers shop for bargains.</p>\n<p>Particularly notable about the variant is the \"large number of mutations, some of which are concerning,\" the WHO group said in a statement. The mutations could make omicron more resistant to the current batch of vaccines.</p>\n<p>The discovery of the new COVID strain was announced on Friday by South Africa's health minister Joe Phaahla. He said scientists were concerned because of its high number of mutations and the dramatic surge in infections the country had seen over the past four or five days.</p>\n<p>\"The pandemic and COVID variants remain <a href=\"https://laohu8.com/S/AONE.U\">one</a> of the biggest risks to markets, and are likely to continue to inject volatility over the next year(s),\" wrote Keith Lerner, co-chief investment officer and chief market strategist at Truist Advisory Services, in a Friday note. \"It's hard to say at this point how lasting or impactful this latest variant will be for markets,\" the analyst wrote.</p>\n<p>The omicron strain has been detected in Botswana and in Hong Kong in travelers who had visited South Africa.</p>\n<p>\"The one bull in the China shop that could truly derail the global recovery has always been a new strain of Covid-19 that swept the world and caused the reimposition of mass social retractions,\" said Jeffrey Halley, senior market analyst, at OANDA, in a note. \"All we know so far is the B. 1.1.529 is heavily mutated but markets are taking no chances.\"</p>\n<p>\"Just when you thought Covid was being controlled in a holiday shortened week,\" said Sam Stovall, chief investment strategist at CFRA Research, in emailed comments.</p>\n<p>Trading around the Thanksgiving holiday is often associated with lower trading volumes as traders typically wait until Monday to return to work. There was no U.S. economic data on the calendar for Friday.</p>\n<p>After new cases stabilized at 200 a day, South Africa reported more than 1,200 on Wednesday and 2,465 on Thursday.</p>\n<p>The U.K. government is banning flights from South Africa along with five other African nations, effective Friday.</p>\n<p>\"Predictably, energy, travel related and financials are the leading decliners and treasuries are rallying,\" wrote Jay Hatfield, CEO and portfolio manager at Infrastructure Capital Management, in emailed comments on Friday.</p>\n<p>\"It makes sense to have a market significant correction given the high level of uncertainty,\" the money manager wrote.</p>\n<p>\"At this stage very little is known,\" Deutsche Bank strategists, led by Jim Reid, told clients in a note. \"Mutations are often less severe so we shouldn't jump to conclusions but there is clearly a lot of concern about this one. Also South Africa is one of the world leaders in sequencing so we are more likely to see this sort of news originate from there than many countries. Suffice to say at this stage no one in markets will have any idea which way this will go.\"</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>Dow plunges 905 points in Black Friday selloff, books worst day in over a year as WHO declares new COVID 'variant of concern'</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\">\nDow plunges 905 points in Black Friday selloff, books worst day in over a year as WHO declares new COVID 'variant of concern'\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/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2021-11-27 07:06</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<p>Dow notches worst day for blue chips since Oct. 28, 2020, FactSet data show</p>\n<p>U.S. stock benchmarks suffered withering losses on Friday as stock and commodity markets plunged, after scientists detected a new COVID variant in South Africa that could be to blame for a recent sharp surge in cases, especially in Europe.</p>\n<p>U.S. markets were closed for Thanksgiving on Thursday and ended at 1 p.m. Eastern Time on Friday, three hours earlier than usual, and bond market trading ends at 2 p.m., an hour earlier than is typical.</p>\n<p>How are stock-index futures trading?</p>\n<p>On Wednesday, the Dow industrials fell 9.42 points to finish nearly flat at 35,804.38. The S&P 500 slipped 0.2% to close at 4,701.46, just 0.1% below its Nov. 18 record close of 4,704.54, according to Dow Jones Market Data. The Nasdaq Composite Index rose 0.4% to 15,84.23.</p>\n<p>What's driving the market?</p>\n<p>It was an ugly day for stock investors during a thinly traded Black Friday session, which was susceptible to big swings on alarming news from public health officials who were assessing a new variant of the coronavirus that causes COVID-19.</p>\n<p>Late in the session, the World Health Organization's technical advisory group assigned the B. 1.1.529 variant of the virus the Greek letter omicron and declared it a \"variant of concern,\" as it did with the delta variant.</p>\n<p>Fear of a new variant overshadowed the usual focus on U.S. Black Friday shopping day, which puts the focus on retailers as consumers shop for bargains.</p>\n<p>Particularly notable about the variant is the \"large number of mutations, some of which are concerning,\" the WHO group said in a statement. The mutations could make omicron more resistant to the current batch of vaccines.</p>\n<p>The discovery of the new COVID strain was announced on Friday by South Africa's health minister Joe Phaahla. He said scientists were concerned because of its high number of mutations and the dramatic surge in infections the country had seen over the past four or five days.</p>\n<p>\"The pandemic and COVID variants remain <a href=\"https://laohu8.com/S/AONE.U\">one</a> of the biggest risks to markets, and are likely to continue to inject volatility over the next year(s),\" wrote Keith Lerner, co-chief investment officer and chief market strategist at Truist Advisory Services, in a Friday note. \"It's hard to say at this point how lasting or impactful this latest variant will be for markets,\" the analyst wrote.</p>\n<p>The omicron strain has been detected in Botswana and in Hong Kong in travelers who had visited South Africa.</p>\n<p>\"The one bull in the China shop that could truly derail the global recovery has always been a new strain of Covid-19 that swept the world and caused the reimposition of mass social retractions,\" said Jeffrey Halley, senior market analyst, at OANDA, in a note. \"All we know so far is the B. 1.1.529 is heavily mutated but markets are taking no chances.\"</p>\n<p>\"Just when you thought Covid was being controlled in a holiday shortened week,\" said Sam Stovall, chief investment strategist at CFRA Research, in emailed comments.</p>\n<p>Trading around the Thanksgiving holiday is often associated with lower trading volumes as traders typically wait until Monday to return to work. There was no U.S. economic data on the calendar for Friday.</p>\n<p>After new cases stabilized at 200 a day, South Africa reported more than 1,200 on Wednesday and 2,465 on Thursday.</p>\n<p>The U.K. government is banning flights from South Africa along with five other African nations, effective Friday.</p>\n<p>\"Predictably, energy, travel related and financials are the leading decliners and treasuries are rallying,\" wrote Jay Hatfield, CEO and portfolio manager at Infrastructure Capital Management, in emailed comments on Friday.</p>\n<p>\"It makes sense to have a market significant correction given the high level of uncertainty,\" the money manager wrote.</p>\n<p>\"At this stage very little is known,\" Deutsche Bank strategists, led by Jim Reid, told clients in a note. \"Mutations are often less severe so we shouldn't jump to conclusions but there is clearly a lot of concern about this one. Also South Africa is one of the world leaders in sequencing so we are more likely to see this sort of news originate from there than many countries. Suffice to say at this stage no one in markets will have any idea which way this will go.\"</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4528":"SaaS概念","BK4190":"消闲用品","ZM":"Zoom","BK4023":"应用软件","BK4525":"远程办公概念","BK4566":"资本集团","PTON":"Peloton Interactive, Inc.","BK4532":"文艺复兴科技持仓","BK4554":"元宇宙及AR概念","BK4535":"淡马锡持仓","BK4548":"巴美列捷福持仓","BK4551":"寇图资本持仓","BK4505":"高瓴资本持仓"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2186344334","content_text":"Dow notches worst day for blue chips since Oct. 28, 2020, FactSet data show\nU.S. stock benchmarks suffered withering losses on Friday as stock and commodity markets plunged, after scientists detected a new COVID variant in South Africa that could be to blame for a recent sharp surge in cases, especially in Europe.\nU.S. markets were closed for Thanksgiving on Thursday and ended at 1 p.m. Eastern Time on Friday, three hours earlier than usual, and bond market trading ends at 2 p.m., an hour earlier than is typical.\nHow are stock-index futures trading?\nOn Wednesday, the Dow industrials fell 9.42 points to finish nearly flat at 35,804.38. The S&P 500 slipped 0.2% to close at 4,701.46, just 0.1% below its Nov. 18 record close of 4,704.54, according to Dow Jones Market Data. The Nasdaq Composite Index rose 0.4% to 15,84.23.\nWhat's driving the market?\nIt was an ugly day for stock investors during a thinly traded Black Friday session, which was susceptible to big swings on alarming news from public health officials who were assessing a new variant of the coronavirus that causes COVID-19.\nLate in the session, the World Health Organization's technical advisory group assigned the B. 1.1.529 variant of the virus the Greek letter omicron and declared it a \"variant of concern,\" as it did with the delta variant.\nFear of a new variant overshadowed the usual focus on U.S. Black Friday shopping day, which puts the focus on retailers as consumers shop for bargains.\nParticularly notable about the variant is the \"large number of mutations, some of which are concerning,\" the WHO group said in a statement. The mutations could make omicron more resistant to the current batch of vaccines.\nThe discovery of the new COVID strain was announced on Friday by South Africa's health minister Joe Phaahla. He said scientists were concerned because of its high number of mutations and the dramatic surge in infections the country had seen over the past four or five days.\n\"The pandemic and COVID variants remain one of the biggest risks to markets, and are likely to continue to inject volatility over the next year(s),\" wrote Keith Lerner, co-chief investment officer and chief market strategist at Truist Advisory Services, in a Friday note. \"It's hard to say at this point how lasting or impactful this latest variant will be for markets,\" the analyst wrote.\nThe omicron strain has been detected in Botswana and in Hong Kong in travelers who had visited South Africa.\n\"The one bull in the China shop that could truly derail the global recovery has always been a new strain of Covid-19 that swept the world and caused the reimposition of mass social retractions,\" said Jeffrey Halley, senior market analyst, at OANDA, in a note. \"All we know so far is the B. 1.1.529 is heavily mutated but markets are taking no chances.\"\n\"Just when you thought Covid was being controlled in a holiday shortened week,\" said Sam Stovall, chief investment strategist at CFRA Research, in emailed comments.\nTrading around the Thanksgiving holiday is often associated with lower trading volumes as traders typically wait until Monday to return to work. There was no U.S. economic data on the calendar for Friday.\nAfter new cases stabilized at 200 a day, South Africa reported more than 1,200 on Wednesday and 2,465 on Thursday.\nThe U.K. government is banning flights from South Africa along with five other African nations, effective Friday.\n\"Predictably, energy, travel related and financials are the leading decliners and treasuries are rallying,\" wrote Jay Hatfield, CEO and portfolio manager at Infrastructure Capital Management, in emailed comments on Friday.\n\"It makes sense to have a market significant correction given the high level of uncertainty,\" the money manager wrote.\n\"At this stage very little is known,\" Deutsche Bank strategists, led by Jim Reid, told clients in a note. \"Mutations are often less severe so we shouldn't jump to conclusions but there is clearly a lot of concern about this one. Also South Africa is one of the world leaders in sequencing so we are more likely to see this sort of news originate from there than many countries. Suffice to say at this stage no one in markets will have any idea which way this will go.\"","news_type":1},"isVote":1,"tweetType":1,"viewCount":634,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0}],"lives":[]}