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Update test page generated
This commit is contained in:
Hongbo Wu
parent
8ff356d3bc
commit
316ebe03ae
1 changed files with 176 additions and 194 deletions
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<!-- Nasdaq -->
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<tr>
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<td>
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<table role="presentation">
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<tr>
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<td>
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<img width="20" src="https://media.sailthru.com/5z8/1k5/4/m/6081a6aeef46b.png" alt="">
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</td>
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||||
<td>
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<p>Nasdaq</p>
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||||
</td>
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||||
<td>
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||||
<p>12,266.41</p>
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</td>
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<td>
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<DIV>
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<p>+1.27%</p>
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</DIV>
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</td>
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</tr>
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</table>
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</td>
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</tr>
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<!-- END Nasdaq -->
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<!-- S&P -->
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<div width="100%" role="presentation">
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<tr>
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<td>
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<table role="presentation">
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<tr>
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<td>
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<img width="20" src="https://media.sailthru.com/5z8/1k5/4/m/6081a6aeef46b.png" alt="">
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</td>
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||||
<td>
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<p>S&P</p>
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</td>
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<td>
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<p>4,110.41</p>
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</td>
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<td>
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<DIV>
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<p>+1.06%</p>
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</DIV>
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</td>
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</tr>
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</table>
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<img width="20" src="https://media.sailthru.com/5z8/1k5/4/m/6081a6aeef46b.png" alt="">
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</td>
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</tr>
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<!-- END S&P -->
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<!-- Dow -->
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||||
<tr>
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||||
<td>
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<table role="presentation">
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<tr>
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<td>
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<img width="20" src="https://media.sailthru.com/5z8/1k5/4/m/6081a6aeef46b.png" alt="">
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</td>
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<td>
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<p>Dow</p>
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</td>
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<td>
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<p>32,381.34</p>
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</td>
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<td>
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<DIV>
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<p>+0.71%</p>
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</DIV>
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</td>
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</tr>
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</table>
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<p>Nasdaq</p>
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</td>
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</tr>
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<!-- END Dow -->
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<!-- 10-Year -->
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<tr>
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<td>
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<table role="presentation">
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<tr>
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<td>
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<img width="20" src="https://media.sailthru.com/5z8/1k5/4/m/6081a6aeef46b.png" alt="">
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</td>
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<td>
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<p>10-Year</p>
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</td>
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<td>
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<p>3.358%</p>
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</td>
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<td>
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<DIV>
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<p>+4.3 bps</p>
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</DIV>
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</td>
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</tr>
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</table>
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<p>12,266.41</p>
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</td>
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</tr>
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<!-- END 10-Year -->
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<!-- Bitcoin -->
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<tr>
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<td>
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<table role="presentation">
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<tr>
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<td>
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<img width="20" src="https://media.sailthru.com/5z8/1k5/4/m/6081a6aeef46b.png" alt="">
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</td>
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<td>
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<p>Bitcoin</p>
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</td>
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<td>
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<p>$22,311.05</p>
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</td>
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<td>
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<DIV>
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<p>+3.05%</p>
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</DIV>
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</td>
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</tr>
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</table>
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</td>
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</tr>
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<!-- END Bitcoin -->
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<!-- Apple -->
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<tr>
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||||
<td>
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<table role="presentation">
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<tr>
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<td>
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<img width="20" src="https://media.sailthru.com/5z8/1k5/4/m/6081a6aeef46b.png" alt="">
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</td>
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<td>
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<p>Apple</p>
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</td>
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<td>
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<p>$163.43</p>
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</td>
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<td>
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<DIV>
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<p>+3.85%</p>
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</DIV>
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</td>
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</tr>
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</table>
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</td>
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</tr>
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<!-- END Apple -->
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<!-- START REGULAR TEXT -->
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<tr>
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<td>
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<p> *Stock data as of market close, cryptocurrency data as of 11:00pm ET. <a target="_blank" rel="noopener" href="https://link.morningbrew.com/click/29029605.107924/aHR0cHM6Ly93d3cubW9ybmluZ2JyZXcuY29tL2RhaWx5L3N0b3JpZXMvMjAyMC8xMC8xOS9tYXJrZXRzLTEwMS1yZWFkLXN0b2NrLWluZGV4ZXMtc2VjdXJpdGllcz91dG1fc291cmNlPW9uYm9hcmRpbmcmbWlkPTlhYjQyMWRlNzEyMjc1YWVhMWIwMDU1MzEyNGI1OWEw/6281aaf34fe052ec1c0710e7B61a4e895">Here's what these numbers mean.</a>
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</p>
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</td>
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</tr>
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<!-- END REGULAR TEXT -->
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<tr>
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<td>
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<ul>
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<li>
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<span><strong>Markets: </strong></span><span>Stocks continued to </span><span><a href="https://link.morningbrew.com/click/29029605.107924/aHR0cHM6Ly93d3cuYmxvb21iZXJnLmNvbS9uZXdzL2FydGljbGVzLzIwMjItMDktMTEvYXNpYS1zZXQtdG8tam9pbi1yaXNrLXJhbGx5LWFzLWRvbGxhci13ZWFrZW5zLW1hcmtldHMtd3JhcD9zcm5kPXByZW1pdW0jeGo0eTd2emtn/6281aaf34fe052ec1c0710e7B04a495f4" target="_blank">rally</a></span><span> yesterday, with the S&P 500 posting its biggest four-day gain since June. Helping to boost markets was Apple, which rose on bullish news about preorders for the iPhone 14 Pro Max.</span>
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</li>
|
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<li>
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||||
<span><strong>Economy: </strong></span><span>Happy CPI Day to all who celebrate. The consumer price index report that drops this morning is expected to show that inflation </span><span><a href="https://link.morningbrew.com/click/29029605.107924/aHR0cHM6Ly93d3cud3NqLmNvbS9saXZlY292ZXJhZ2Uvc3RvY2stbWFya2V0LW5ld3MtdG9kYXktMDktMTItMjAyMi9jYXJkL2luZmxhdGlvbi1kYXRhLW1heS1ub3Qtc2hha2UtZmVkLXpIWUJ3VGxKVG9zbUNVYTR5cVll/6281aaf34fe052ec1c0710e7Befa496ab" target="_blank">fell</a></span><span> to 8% last month. It’s the last major piece of data that will arrive before the Fed decides how big to go on interest rate hikes next week. </span>
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</li>
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</ul>
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</td>
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</tr>
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<tr>
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<td>
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</td>
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</tr>
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</div>
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</th>
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</tr>
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</div>
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<!-- <![endif]-->
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<!-- END MARKETS -->
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<!-- ARTICLE --->
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<!--[if !mso ]><! -- -->
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<div width="100%">
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<tr>
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<th>
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<div width="100%">
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</td>
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</tr>
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<!-- END Nasdaq -->
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<!-- S&P -->
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<tr>
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<td>
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<h3> AUTO </h3>
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<h2>
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<SPAN color="#000000"> Nikola founder’s fraud trial gets rolling </SPAN>
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</h2>
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<div width="100%" role="presentation">
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<tr>
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<td>
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<img width="20" src="https://media.sailthru.com/5z8/1k5/4/m/6081a6aeef46b.png" alt="">
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</td>
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<td>
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<p>S&P</p>
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</td>
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<td>
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<p>4,110.41</p>
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</td>
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<td>
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</td>
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</tr>
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</div>
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<a target="_blank" href="https://link.morningbrew.com/click/29029605.107924/aHR0cHM6Ly93d3cubW9ybmluZ2JyZXcuY29tL2RhaWx5L3N0b3JpZXMvbmlrb2xhLWZvdW5kZXItdHJldm9yLW1pbHRvbi1mcmF1ZC10cmlhbC1iZWdpbnM_dXRtX2NhbXBhaWduPW1iJnV0bV9tZWRpdW09bmV3c2xldHRlciZ1dG1fc291cmNlPW1vcm5pbmdfYnJldyZtaWQ9OWFiNDIxZGU3MTIyNzVhZWExYjAwNTUzMTI0YjU5YTA/6281aaf34fe052ec1c0710e7B5c61b709">
|
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<img alt="woman with back to camera looking at paintings" width="670" src="https://cdn.sanity.io/images/bl383u0v/production/c79c555f5fec0ac4b96128359b8a82ed658fb88c-5265x3250.jpg?w=670&q=70&auto=format">
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</a><span><small><em>Stefan Puchner/Getty Images</em></small></span>
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<div width="100%">
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<tr>
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<td>
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<div>
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<p>The fraud <a href="https://link.morningbrew.com/click/29029605.107924/aHR0cHM6Ly93d3cubnl0aW1lcy5jb20vMjAyMi8wOS8xMi9idXNpbmVzcy90cmV2b3ItbWlsdG9uLW5pa29sYS10cmlhbC5odG1sP3V0bV9jYW1wYWlnbj1tYiZ1dG1fbWVkaXVtPW5ld3NsZXR0ZXImdXRtX3NvdXJjZT1tb3JuaW5nX2JyZXc/6281aaf34fe052ec1c0710e7B0e27791e" target="_blank">trial</a> of Trevor Milton, the founder and former CEO of electric truck company Nikola Motors, began yesterday with jury selection. Milton, who pleaded not guilty in the case, stands accused of lying about his company’s progress in developing electric vehicles, leading to huge losses for investors.</p>
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<p>The case—a shoo-in for Hulu’s next ripped-from-the-headlines original that everyone at work except you is watching—is seen as a cautionary tale of buying into the hype around companies before they deliver a single product.</p>
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<p>So how did Nikola go from the third-largest auto company in the US in 2020 with a $33 billion market value to just a $2.3 billion market value as of yesterday with an indicted founder? </p>
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<h2>A hype-y road</h2>
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<p>Milton founded Nikola in 2015, capitalizing on investor fervor around EVs, particularly those made by Elon Musk’s Tesla. In June 2020, the company went public via a SPAC. Prosecutors claim that Milton misled investors by making false claims about Nikola’s ability to produce hydrogen and by releasing a now-infamous promotional video that showed a moving Nikola truck (not disclosed: the truck was merely rolling downhill in neutral).</p>
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<p>Beyond simply drumming up name association with retail investor darling Tesla, Milton also deliberately targeted less knowledgeable investors by promoting Nikola’s stock on social media and in interviews, prosecutors allege.</p>
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<p>And those retail investors ultimately bore the brunt of Nikola’s losses when its stock dropped 40% following Milton’s resignation in September 2020, days after an activist short seller published a scathing report calling the company an “intricate fraud built on dozens of lies.”</p>
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<h2>Where things stand now</h2>
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<p>In December, Nikola agreed to pay a $125 million penalty to settle an SEC fraud investigation. The company, which is still around and has begun production on a battery-powered semi-truck model, reported a net loss of $173 million in the second quarter.</p>
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<p>Before stepping down, Milton purchased a $32.5 million Utah ranch and a jet, and since his resignation, he has sold more than $300 million in company stock. The main charge against him carries a maximum sentence of 25 years, though he’s likely to see much less time, if he’s even convicted.—<em>MK</em></p>
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</div>
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<!-- SOCIAL LINKS -->
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<!-- END SOCIAL LINKS --->
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</td>
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</tr>
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</div>
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</th>
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</td>
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</tr>
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<!-- END S&P -->
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<!-- Dow -->
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<tr>
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<td>
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<div width="100%" role="presentation">
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<tr>
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<td>
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<img width="20" src="https://media.sailthru.com/5z8/1k5/4/m/6081a6aeef46b.png" alt="">
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</td>
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<td>
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<p>Dow</p>
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</td>
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<td>
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<p>32,381.34</p>
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</td>
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<td>
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</td>
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</tr>
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</div>
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</td>
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</tr>
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<!-- END Dow -->
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<!-- 10-Year -->
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<tr>
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<td>
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<div width="100%" role="presentation">
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<tr>
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<td>
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<img width="20" src="https://media.sailthru.com/5z8/1k5/4/m/6081a6aeef46b.png" alt="">
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</td>
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<td>
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<p>10-Year</p>
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</td>
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<td>
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<p>3.358%</p>
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</td>
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<td>
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</td>
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</tr>
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</div>
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</td>
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</tr>
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<!-- END 10-Year -->
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<!-- Bitcoin -->
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<tr>
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<td>
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<div width="100%" role="presentation">
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<tr>
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<td>
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<img width="20" src="https://media.sailthru.com/5z8/1k5/4/m/6081a6aeef46b.png" alt="">
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</td>
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<td>
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<p>Bitcoin</p>
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</td>
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<td>
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<p>$22,311.05</p>
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</td>
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<td>
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</td>
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</tr>
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</div>
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</td>
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</tr>
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<!-- END Bitcoin -->
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<!-- Apple -->
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<tr>
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<td>
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<div width="100%" role="presentation">
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<tr>
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<td>
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<img width="20" src="https://media.sailthru.com/5z8/1k5/4/m/6081a6aeef46b.png" alt="">
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</td>
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<td>
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<p>Apple</p>
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</td>
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<td>
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<p>$163.43</p>
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</td>
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<td>
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</td>
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</tr>
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</div>
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</td>
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</tr>
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<!-- END Apple -->
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<!-- START REGULAR TEXT -->
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<tr>
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<td>
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<p> *Stock data as of market close, cryptocurrency data as of 11:00pm ET. <a target="_blank" rel="noopener" href="https://link.morningbrew.com/click/29029605.107924/aHR0cHM6Ly93d3cubW9ybmluZ2JyZXcuY29tL2RhaWx5L3N0b3JpZXMvMjAyMC8xMC8xOS9tYXJrZXRzLTEwMS1yZWFkLXN0b2NrLWluZGV4ZXMtc2VjdXJpdGllcz91dG1fc291cmNlPW9uYm9hcmRpbmcmbWlkPTlhYjQyMWRlNzEyMjc1YWVhMWIwMDU1MzEyNGI1OWEw/6281aaf34fe052ec1c0710e7B61a4e895">Here's what these numbers mean.</a>
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</p>
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</td>
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</tr>
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<!-- END REGULAR TEXT -->
|
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<tr>
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<td>
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<ul>
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<li>
|
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<span><strong>Markets: </strong></span><span>Stocks continued to </span><span><a href="https://link.morningbrew.com/click/29029605.107924/aHR0cHM6Ly93d3cuYmxvb21iZXJnLmNvbS9uZXdzL2FydGljbGVzLzIwMjItMDktMTEvYXNpYS1zZXQtdG8tam9pbi1yaXNrLXJhbGx5LWFzLWRvbGxhci13ZWFrZW5zLW1hcmtldHMtd3JhcD9zcm5kPXByZW1pdW0jeGo0eTd2emtn/6281aaf34fe052ec1c0710e7B04a495f4" target="_blank">rally</a></span><span> yesterday, with the S&P 500 posting its biggest four-day gain since June. Helping to boost markets was Apple, which rose on bullish news about preorders for the iPhone 14 Pro Max.</span>
|
||||
</li>
|
||||
<li>
|
||||
<span><strong>Economy: </strong></span><span>Happy CPI Day to all who celebrate. The consumer price index report that drops this morning is expected to show that inflation </span><span><a href="https://link.morningbrew.com/click/29029605.107924/aHR0cHM6Ly93d3cud3NqLmNvbS9saXZlY292ZXJhZ2Uvc3RvY2stbWFya2V0LW5ld3MtdG9kYXktMDktMTItMjAyMi9jYXJkL2luZmxhdGlvbi1kYXRhLW1heS1ub3Qtc2hha2UtZmVkLXpIWUJ3VGxKVG9zbUNVYTR5cVll/6281aaf34fe052ec1c0710e7Befa496ab" target="_blank">fell</a></span><span> to 8% last month. It’s the last major piece of data that will arrive before the Fed decides how big to go on interest rate hikes next week. </span>
|
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</li>
|
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</ul>
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</td>
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</tr>
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<tr>
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<td>
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</td>
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</tr>
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</div>
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</th>
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</tr>
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</div>
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<!-- <![endif]-->
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<!-- END MARKETS -->
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<!-- ARTICLE --->
|
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<!--[if !mso ]><! -- -->
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<div width="100%">
|
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<tr>
|
||||
<th>
|
||||
<div width="100%">
|
||||
<tr>
|
||||
<td>
|
||||
<h3> AUTO </h3>
|
||||
<h2>
|
||||
<SPAN color="#000000"> Nikola founder’s fraud trial gets rolling </SPAN>
|
||||
</h2>
|
||||
</td>
|
||||
</tr>
|
||||
</div>
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<a target="_blank" href="https://link.morningbrew.com/click/29029605.107924/aHR0cHM6Ly93d3cubW9ybmluZ2JyZXcuY29tL2RhaWx5L3N0b3JpZXMvbmlrb2xhLWZvdW5kZXItdHJldm9yLW1pbHRvbi1mcmF1ZC10cmlhbC1iZWdpbnM_dXRtX2NhbXBhaWduPW1iJnV0bV9tZWRpdW09bmV3c2xldHRlciZ1dG1fc291cmNlPW1vcm5pbmdfYnJldyZtaWQ9OWFiNDIxZGU3MTIyNzVhZWExYjAwNTUzMTI0YjU5YTA/6281aaf34fe052ec1c0710e7B5c61b709">
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<img alt="woman with back to camera looking at paintings" width="670" src="https://cdn.sanity.io/images/bl383u0v/production/c79c555f5fec0ac4b96128359b8a82ed658fb88c-5265x3250.jpg?w=670&q=70&auto=format">
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</a><span><small><em>Stefan Puchner/Getty Images</em></small></span>
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<p>The fraud <a href="https://link.morningbrew.com/click/29029605.107924/aHR0cHM6Ly93d3cubnl0aW1lcy5jb20vMjAyMi8wOS8xMi9idXNpbmVzcy90cmV2b3ItbWlsdG9uLW5pa29sYS10cmlhbC5odG1sP3V0bV9jYW1wYWlnbj1tYiZ1dG1fbWVkaXVtPW5ld3NsZXR0ZXImdXRtX3NvdXJjZT1tb3JuaW5nX2JyZXc/6281aaf34fe052ec1c0710e7B0e27791e" target="_blank">trial</a> of Trevor Milton, the founder and former CEO of electric truck company Nikola Motors, began yesterday with jury selection. Milton, who pleaded not guilty in the case, stands accused of lying about his company’s progress in developing electric vehicles, leading to huge losses for investors.</p>
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<p>The case—a shoo-in for Hulu’s next ripped-from-the-headlines original that everyone at work except you is watching—is seen as a cautionary tale of buying into the hype around companies before they deliver a single product.</p>
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<p>So how did Nikola go from the third-largest auto company in the US in 2020 with a $33 billion market value to just a $2.3 billion market value as of yesterday with an indicted founder? </p>
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<h2>A hype-y road</h2>
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<p>Milton founded Nikola in 2015, capitalizing on investor fervor around EVs, particularly those made by Elon Musk’s Tesla. In June 2020, the company went public via a SPAC. Prosecutors claim that Milton misled investors by making false claims about Nikola’s ability to produce hydrogen and by releasing a now-infamous promotional video that showed a moving Nikola truck (not disclosed: the truck was merely rolling downhill in neutral).</p>
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<p>Beyond simply drumming up name association with retail investor darling Tesla, Milton also deliberately targeted less knowledgeable investors by promoting Nikola’s stock on social media and in interviews, prosecutors allege.</p>
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<p>And those retail investors ultimately bore the brunt of Nikola’s losses when its stock dropped 40% following Milton’s resignation in September 2020, days after an activist short seller published a scathing report calling the company an “intricate fraud built on dozens of lies.”</p>
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<h2>Where things stand now</h2>
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<p>In December, Nikola agreed to pay a $125 million penalty to settle an SEC fraud investigation. The company, which is still around and has begun production on a battery-powered semi-truck model, reported a net loss of $173 million in the second quarter.</p>
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<p>Before stepping down, Milton purchased a $32.5 million Utah ranch and a jet, and since his resignation, he has sold more than $300 million in company stock. The main charge against him carries a maximum sentence of 25 years, though he’s likely to see much less time, if he’s even convicted.—<em>MK</em></p>
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