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- TriciaLxyTriciaLxy
  ·2021-11-23
  😩
  Nasdaq and S&P 500 end down after hitting record highs
  * Apple hits record high, JPM sees iPhone supply improving. Nov 22 - The S&P 500 ended lower and the Nasdaq tumbled deep into negative territory on Monday after both earlier hit record highs following the announcement of a second term for Federal Reserve Chair Jerome Powell.The Dow Jones Industrial Average ended slightly higher.Climbing Treasury yields kept tech stocks broadly lower, with holdouts including Microsoft and Apple, which many investors view as relatively safe, giving up gains late
  Nasdaq and S&P 500 end down after hitting record highs
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- TriciaLxyTriciaLxy
  ·2021-11-22
  😍
  Apple Car could double company's revenue and market value, says Morgan Stanley
  Talk of an Apple Car is 'catalyzing a shift in investor narrative back toward the attractiveness of
  Apple Car could double company's revenue and market value, says Morgan Stanley
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The stock has almost recovered from a steep selloff earlier this month that started after Musk polled <a href=\"https://laohu8.com/S/TWTR\">Twitter</a> users about whether he should sell some of his shares in the electric car maker.</p>\n<p>Activision Blizzard slipped 0.3% after a media report that the video game publisher's chief executive, Bobby Kotick, would consider leaving if he could not quickly address concerns about company culture.</p>\n<p>The S&amp;P 500 has now gained about 25% in 2021, while the Nasdaq is up 23%.</p>\n<p>Declining issues outnumbered advancing ones on the NYSE by a 1.28-to-1 ratio; on Nasdaq, a 1.76-to-1 ratio favored decliners.</p>\n<p>The S&amp;P 500 posted 52 new 52-week highs and 11 new lows; the Nasdaq Composite recorded 138 new highs and 507 new lows.</p>\n<p>Volume on U.S. exchanges was 11.6 billion shares, compared with the 11.1 billion average for the full session over the last 20 trading days.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; 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height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nNasdaq and S&P 500 end down after hitting record highs\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2021-11-23 06:27</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>* Financials rally on rate hike expectations</p>\n<p>* Higher Treasury yields pressure tech stocks</p>\n<p>* Apple hits record high, JPM sees iPhone supply improving</p>\n<p>Nov 22 (Reuters) - The S&amp;P 500 ended lower and the Nasdaq tumbled deep into negative territory on Monday after both earlier hit record highs following the announcement of a second term for Federal Reserve Chair Jerome Powell.</p>\n<p>The Dow Jones Industrial Average ended slightly higher.</p>\n<p>Climbing Treasury yields kept tech stocks broadly lower, with holdouts including Microsoft and Apple, which many investors view as relatively safe, giving up gains late in the session.</p>\n<p>Apple ended up 0.3%, its highest closing level ever, after rising over 3% earlier in the day. JPMorgan flagged possible improvements to the supply of the iPhone 13 in coming months.</p>\n<p>Microsoft ended down almost 1% after earlier rising almost 2%.</p>\n<p>\"The market is nervous. We know we have Powell, but that doesn't help with the inflation issue,\" said Dennis Dick, a trader at Bright Trading LLC. \"Under the hood, growth tech got hit all day, and then all of tech got hit at the end.\"</p>\n<p>Powell's nomination was welcomed by many investors hoping for no big changes in the Fed as it guides the economy through a recovery from the pandemic. The central bank is set to herald a return to pre-pandemic policy by end-2022.</p>\n<p>Fed Governor Lael Brainard, who was the other top candidate for the job, will be vice chair, the White House said.</p>\n<p>\"Markets like predictability. ... While Brainard may have been a fine choice, the markets would not know what to expect from her even though the general consensus was that it meant lower rates for longer,\" said Randy Frederick, managing director of trading and derivatives at Charles Schwab in Austin, Texas.</p>\n<p>The S&amp;P 500 banks index rallied 2%, tracking a surge in Treasury yields as investors priced in policy tightening by the first half of 2022. Wells Fargo &amp; Co rose over 3% and was among the strongest major Wall Street banks.</p>\n<p>Futures contracts tied to the Fed's policy rate indicated that money markets are now expecting the U.S. central bank to raise interest rates by 25 basis points by next June versus a previous estimate of July.</p>\n<p>The Dow Jones Industrial Average rose 0.05% to end at 35,619.25 points, while the S&amp;P 500 lost 0.32% to 4,682.94.</p>\n<p>The Nasdaq Composite dropped 1.26% to 15,854.76.</p>\n<p>The S&amp;P 500 value index climbed 0.6%, strongly outperforming the S&amp;P 500 growth index's 1% dip.</p>\n<p>In extended trade, <a href=\"https://laohu8.com/S/ZM\">Zoom</a> Video Communications fell 3% after the video-conferencing company posted quarterly revenue that beat expectations.</p>\n<p>Investors were awaiting a slew of economic data this week, including IHS business activity readings, personal consumption expenditure, and minutes of the Fed's latest meeting.</p>\n<p>In Monday's session, Amazon fell 2.8% and Alphabet declined 1.8%, both weighing heavily on the Nasdaq.</p>\n<p>Tesla Inc gained 1.7% after CEO Elon Musk tweeted that the Model S Plaid will \"probably\" be coming to China around March. The stock has almost recovered from a steep selloff earlier this month that started after Musk polled <a href=\"https://laohu8.com/S/TWTR\">Twitter</a> users about whether he should sell some of his shares in the electric car maker.</p>\n<p>Activision Blizzard slipped 0.3% after a media report that the video game publisher's chief executive, Bobby Kotick, would consider leaving if he could not quickly address concerns about company culture.</p>\n<p>The S&amp;P 500 has now gained about 25% in 2021, while the Nasdaq is up 23%.</p>\n<p>Declining issues outnumbered advancing ones on the NYSE by a 1.28-to-1 ratio; on Nasdaq, a 1.76-to-1 ratio favored decliners.</p>\n<p>The S&amp;P 500 posted 52 new 52-week highs and 11 new lows; the Nasdaq Composite recorded 138 new highs and 507 new lows.</p>\n<p>Volume on U.S. exchanges was 11.6 billion shares, compared with the 11.1 billion average for the full session over the last 20 trading days.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"161125":"标普500","513500":"标普500ETF","OEF":"标普100指数ETF-iShares","BK4559":"巴菲特持仓","AAPL":"苹果","IVV":"标普500指数ETF","BK4550":"红杉资本持仓","MSFT":"微软","COMP":"Compass, Inc.","BK4504":"桥水持仓","SSO":"两倍做多标普500ETF","SDS":"两倍做空标普500ETF",".DJI":"道琼斯","UPRO":"三倍做多标普500ETF",".IXIC":"NASDAQ Composite","SPXU":"三倍做空标普500ETF","SH":"标普500反向ETF","OEX":"标普100",".SPX":"S&P 500 Index","SPY":"标普500ETF","BK4534":"瑞士信贷持仓","ZM":"Zoom"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2185306806","content_text":"* Financials rally on rate hike expectations\n* Higher Treasury yields pressure tech stocks\n* Apple hits record high, JPM sees iPhone supply improving\nNov 22 (Reuters) - The S&P 500 ended lower and the Nasdaq tumbled deep into negative territory on Monday after both earlier hit record highs following the announcement of a second term for Federal Reserve Chair Jerome Powell.\nThe Dow Jones Industrial Average ended slightly higher.\nClimbing Treasury yields kept tech stocks broadly lower, with holdouts including Microsoft and Apple, which many investors view as relatively safe, giving up gains late in the session.\nApple ended up 0.3%, its highest closing level ever, after rising over 3% earlier in the day. JPMorgan flagged possible improvements to the supply of the iPhone 13 in coming months.\nMicrosoft ended down almost 1% after earlier rising almost 2%.\n\"The market is nervous. We know we have Powell, but that doesn't help with the inflation issue,\" said Dennis Dick, a trader at Bright Trading LLC. \"Under the hood, growth tech got hit all day, and then all of tech got hit at the end.\"\nPowell's nomination was welcomed by many investors hoping for no big changes in the Fed as it guides the economy through a recovery from the pandemic. The central bank is set to herald a return to pre-pandemic policy by end-2022.\nFed Governor Lael Brainard, who was the other top candidate for the job, will be vice chair, the White House said.\n\"Markets like predictability. ... While Brainard may have been a fine choice, the markets would not know what to expect from her even though the general consensus was that it meant lower rates for longer,\" said Randy Frederick, managing director of trading and derivatives at Charles Schwab in Austin, Texas.\nThe S&P 500 banks index rallied 2%, tracking a surge in Treasury yields as investors priced in policy tightening by the first half of 2022. Wells Fargo & Co rose over 3% and was among the strongest major Wall Street banks.\nFutures contracts tied to the Fed's policy rate indicated that money markets are now expecting the U.S. central bank to raise interest rates by 25 basis points by next June versus a previous estimate of July.\nThe Dow Jones Industrial Average rose 0.05% to end at 35,619.25 points, while the S&P 500 lost 0.32% to 4,682.94.\nThe Nasdaq Composite dropped 1.26% to 15,854.76.\nThe S&P 500 value index climbed 0.6%, strongly outperforming the S&P 500 growth index's 1% dip.\nIn extended trade, Zoom Video Communications fell 3% after the video-conferencing company posted quarterly revenue that beat expectations.\nInvestors were awaiting a slew of economic data this week, including IHS business activity readings, personal consumption expenditure, and minutes of the Fed's latest meeting.\nIn Monday's session, Amazon fell 2.8% and Alphabet declined 1.8%, both weighing heavily on the Nasdaq.\nTesla Inc gained 1.7% after CEO Elon Musk tweeted that the Model S Plaid will \"probably\" be coming to China around March. The stock has almost recovered from a steep selloff earlier this month that started after Musk polled Twitter users about whether he should sell some of his shares in the electric car maker.\nActivision Blizzard slipped 0.3% after a media report that the video game publisher's chief executive, Bobby Kotick, would consider leaving if he could not quickly address concerns about company culture.\nThe S&P 500 has now gained about 25% in 2021, while the Nasdaq is up 23%.\nDeclining issues outnumbered advancing ones on the NYSE by a 1.28-to-1 ratio; on Nasdaq, a 1.76-to-1 ratio favored decliners.\nThe S&P 500 posted 52 new 52-week highs and 11 new lows; the Nasdaq Composite recorded 138 new highs and 507 new lows.\nVolume on U.S. exchanges was 11.6 billion shares, compared with the 11.1 billion average for the full session over the last 20 trading days.","news_type":1},"isVote":1,"tweetType":1,"viewCount":467,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":872471750,"gmtCreate":1637567537546,"gmtModify":1637567537610,"author":{"id":"3573228561771853","authorId":"3573228561771853","authorIdStr":"3573228561771853","name":"TriciaLxy","avatar":"https://static.tigerbbs.com/4661ef5928b66dcac2a54d258319a065","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573228561771853"},"themes":[],"htmlText":"😍","listText":"😍","text":"😍","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/872471750","repostId":"2184419548","repostType":4,"repost":{"id":"2184419548","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":1637567160,"share":"https://www.laohu8.com/m/news/2184419548?lang=&edition=full","pubTime":"2021-11-22 15:46","market":"us","language":"en","title":"Apple Car could double company's revenue and market value, says Morgan Stanley","url":"https://stock-news.laohu8.com/highlight/detail?id=2184419548","media":"Dow Jones","summary":"Talk of an Apple Car is 'catalyzing a shift in investor narrative back toward the attractiveness of ","content":"<p>Talk of an Apple Car is 'catalyzing a shift in investor narrative back toward the attractiveness of the platform,' analyst says</p>\n<p>A hypothetical Apple Inc.-designed car may be years away, but it could already be helping the company's stock, in the view of <a href=\"https://laohu8.com/S/AONE.U\">one</a> analyst.</p>\n<p>\"We see the prospects of Apple Car--representing the clearest path to doubling Apple's revenue and market cap--catalyzing a shift in investor narrative back toward the attractiveness of the platform (1 billion loyal customers) and long-term sustainable growth,\" wrote Morgan Stanley's Katy Huberty in a Friday note to clients.</p>\n<p>Simply put, \"investors should pay attention to Apple Car,\" Huberty wrote.</p>\n<p>Her comments come after a Bloomberg News article Thursday highlighted a series of developments around the consumer electronics company's plans for an electric vehicle. Apple reportedly has sped up its launch targets as it now aims to introduce a car in four years. It also aspires to deliver a model that boasts full self-driving capabilities, according to Bloomberg.</p>\n<p>Apple didn't respond to MarketWatch's request for comment Thursday about its electric-vehicle plans.</p>\n<p>Apple's stock <a href=\"https://laohu8.com/S/AAPL\">$(AAPL)$</a> rallied 1.5% into record territory in afternoon trading Friday. The stock has run up 8.4% amid a six-day winning streak.</p>\n<p>Apple could drive dynamics in the world of autonomous vehicles (AVs) similar to what it did in other markets, in Huberty's view. The company wasn't first to launch a smartphone, but its focus on building an attractive software ecosystem helped the company skate past established players.</p>\n<p>\"Evidence shows that when Apple enters new markets, it serves as a catalyst to expand the addressable market beyond what was previously imagined,\" Huberty wrote, meaning that she thinks \"Apple is likely to accelerate adoption of AVs.\"</p>\n<p>Huberty admits that Apple \"will need to add new partners, source new components, and invest in new technologies internally\" if it wants to get into the business of developing cars, but she sounded upbeat about the company's ability to manage this shift while leveraging its existing capabilities.</p>\n<p>\"[M]uch of the brains and power of a self-driving car--including processors, sensors, [and] batteries--are already designed by Apple today,\" she wrote, making the company \"well positioned to solve complex technology, safety, performance, and manufacturing challenges of a self-driving car and to scale production faster than others targeting the same market.\"</p>\n<p>An Apple Car could also bring a twist on the traditional idea of car ownership and mobility, according to Huberty, who thinks the company could sell the car \"as a service.\"</p>\n<p>Her colleague Adam Jonas, who covers Tesla Inc. <a href=\"https://laohu8.com/S/TSLA\">$(TSLA)$</a>, seemed to expand further in a note discussing the potential automotive-industry implications of an eventual Apple entry into the car market.</p>\n<p>\"To be clear, we do not believe consumers will own title to a fully autonomous car... but will engage in the service as a subscription or transport utility,\" Jonas wrote.</p>\n<p>Bloomberg reported that Apple envisions putting out a car without a pedal or steering wheel. Such a vehicle \"must be a 'shared service' and not an 'owned car,'\" in Jonas's view.</p>\n<p>Apple's stock has run up 20.8% year to date, while the Dow Jones Industrial Average has advanced 16.5%.</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>Apple Car could double company's revenue and market value, says Morgan Stanley</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nApple Car could double company's revenue and market value, says Morgan Stanley\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\">2021-11-22 15:46</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<p>Talk of an Apple Car is 'catalyzing a shift in investor narrative back toward the attractiveness of the platform,' analyst says</p>\n<p>A hypothetical Apple Inc.-designed car may be years away, but it could already be helping the company's stock, in the view of <a href=\"https://laohu8.com/S/AONE.U\">one</a> analyst.</p>\n<p>\"We see the prospects of Apple Car--representing the clearest path to doubling Apple's revenue and market cap--catalyzing a shift in investor narrative back toward the attractiveness of the platform (1 billion loyal customers) and long-term sustainable growth,\" wrote Morgan Stanley's Katy Huberty in a Friday note to clients.</p>\n<p>Simply put, \"investors should pay attention to Apple Car,\" Huberty wrote.</p>\n<p>Her comments come after a Bloomberg News article Thursday highlighted a series of developments around the consumer electronics company's plans for an electric vehicle. Apple reportedly has sped up its launch targets as it now aims to introduce a car in four years. It also aspires to deliver a model that boasts full self-driving capabilities, according to Bloomberg.</p>\n<p>Apple didn't respond to MarketWatch's request for comment Thursday about its electric-vehicle plans.</p>\n<p>Apple's stock <a href=\"https://laohu8.com/S/AAPL\">$(AAPL)$</a> rallied 1.5% into record territory in afternoon trading Friday. The stock has run up 8.4% amid a six-day winning streak.</p>\n<p>Apple could drive dynamics in the world of autonomous vehicles (AVs) similar to what it did in other markets, in Huberty's view. The company wasn't first to launch a smartphone, but its focus on building an attractive software ecosystem helped the company skate past established players.</p>\n<p>\"Evidence shows that when Apple enters new markets, it serves as a catalyst to expand the addressable market beyond what was previously imagined,\" Huberty wrote, meaning that she thinks \"Apple is likely to accelerate adoption of AVs.\"</p>\n<p>Huberty admits that Apple \"will need to add new partners, source new components, and invest in new technologies internally\" if it wants to get into the business of developing cars, but she sounded upbeat about the company's ability to manage this shift while leveraging its existing capabilities.</p>\n<p>\"[M]uch of the brains and power of a self-driving car--including processors, sensors, [and] batteries--are already designed by Apple today,\" she wrote, making the company \"well positioned to solve complex technology, safety, performance, and manufacturing challenges of a self-driving car and to scale production faster than others targeting the same market.\"</p>\n<p>An Apple Car could also bring a twist on the traditional idea of car ownership and mobility, according to Huberty, who thinks the company could sell the car \"as a service.\"</p>\n<p>Her colleague Adam Jonas, who covers Tesla Inc. <a href=\"https://laohu8.com/S/TSLA\">$(TSLA)$</a>, seemed to expand further in a note discussing the potential automotive-industry implications of an eventual Apple entry into the car market.</p>\n<p>\"To be clear, we do not believe consumers will own title to a fully autonomous car... but will engage in the service as a subscription or transport utility,\" Jonas wrote.</p>\n<p>Bloomberg reported that Apple envisions putting out a car without a pedal or steering wheel. Such a vehicle \"must be a 'shared service' and not an 'owned car,'\" in Jonas's view.</p>\n<p>Apple's stock has run up 20.8% year to date, while the Dow Jones Industrial Average has advanced 16.5%.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2184419548","content_text":"Talk of an Apple Car is 'catalyzing a shift in investor narrative back toward the attractiveness of the platform,' analyst says\nA hypothetical Apple Inc.-designed car may be years away, but it could already be helping the company's stock, in the view of one analyst.\n\"We see the prospects of Apple Car--representing the clearest path to doubling Apple's revenue and market cap--catalyzing a shift in investor narrative back toward the attractiveness of the platform (1 billion loyal customers) and long-term sustainable growth,\" wrote Morgan Stanley's Katy Huberty in a Friday note to clients.\nSimply put, \"investors should pay attention to Apple Car,\" Huberty wrote.\nHer comments come after a Bloomberg News article Thursday highlighted a series of developments around the consumer electronics company's plans for an electric vehicle. Apple reportedly has sped up its launch targets as it now aims to introduce a car in four years. It also aspires to deliver a model that boasts full self-driving capabilities, according to Bloomberg.\nApple didn't respond to MarketWatch's request for comment Thursday about its electric-vehicle plans.\nApple's stock $(AAPL)$ rallied 1.5% into record territory in afternoon trading Friday. The stock has run up 8.4% amid a six-day winning streak.\nApple could drive dynamics in the world of autonomous vehicles (AVs) similar to what it did in other markets, in Huberty's view. The company wasn't first to launch a smartphone, but its focus on building an attractive software ecosystem helped the company skate past established players.\n\"Evidence shows that when Apple enters new markets, it serves as a catalyst to expand the addressable market beyond what was previously imagined,\" Huberty wrote, meaning that she thinks \"Apple is likely to accelerate adoption of AVs.\"\nHuberty admits that Apple \"will need to add new partners, source new components, and invest in new technologies internally\" if it wants to get into the business of developing cars, but she sounded upbeat about the company's ability to manage this shift while leveraging its existing capabilities.\n\"[M]uch of the brains and power of a self-driving car--including processors, sensors, [and] batteries--are already designed by Apple today,\" she wrote, making the company \"well positioned to solve complex technology, safety, performance, and manufacturing challenges of a self-driving car and to scale production faster than others targeting the same market.\"\nAn Apple Car could also bring a twist on the traditional idea of car ownership and mobility, according to Huberty, who thinks the company could sell the car \"as a service.\"\nHer colleague Adam Jonas, who covers Tesla Inc. $(TSLA)$, seemed to expand further in a note discussing the potential automotive-industry implications of an eventual Apple entry into the car market.\n\"To be clear, we do not believe consumers will own title to a fully autonomous car... but will engage in the service as a subscription or transport utility,\" Jonas wrote.\nBloomberg reported that Apple envisions putting out a car without a pedal or steering wheel. Such a vehicle \"must be a 'shared service' and not an 'owned car,'\" in Jonas's view.\nApple's stock has run up 20.8% year to date, while the Dow Jones Industrial Average has advanced 16.5%.","news_type":1},"isVote":1,"tweetType":1,"viewCount":462,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0}],"defaultTab":"posts","isTTM":false}