twcnr28
2021-04-12
interesting. looking forward to COIN.
Will corporate earnings be strong enough to justify the record stocks rally?<blockquote>企业盈利是否足以证明创纪录的股市上涨是合理的？</blockquote>
免责声明：上述内容仅代表发帖人个人观点，不构成本平台的任何投资建议。
分享至
微信
复制链接
精彩评论
我们需要你的真知灼见来填补这片空白
打开APP，发表看法
APP内打开
发表看法
{"i18n":{"language":"zh_CN"},"detailType":1,"isChannel":false,"data":{"magic":2,"id":342192187,"tweetId":"342192187","gmtCreate":1618189331249,"gmtModify":1634294557677,"author":{"id":3558254567284585,"idStr":"3558254567284585","authorId":3558254567284585,"authorIdStr":"3558254567284585","name":"twcnr28","avatar":"https://static.tigerbbs.com/7818f9e64ba2eec5a82c00bd8793dc68","vip":1,"userType":1,"introduction":"","boolIsFan":false,"boolIsHead":false,"crmLevel":12,"crmLevelSwitch":0,"individualDisplayBadges":[],"fanSize":3,"starInvestorFlag":false},"themes":[],"images":[],"coverImages":[],"extraTitle":"","html":"<html><head></head><body><p>interesting. looking forward to COIN. </p></body></html>","htmlText":"<html><head></head><body><p>interesting. looking forward to COIN. </p></body></html>","text":"interesting. looking forward to COIN.","highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"link":"https://laohu8.com/post/342192187","repostId":1159998596,"repostType":4,"repost":{"id":"1159998596","kind":"news","pubTimestamp":1618187601,"share":"https://www.laohu8.com/m/news/1159998596?lang=zh_CN&edition=full","pubTime":"2021-04-12 08:33","market":"us","language":"en","title":"Will corporate earnings be strong enough to justify the record stocks rally?<blockquote>企业盈利是否足以证明创纪录的股市上涨是合理的？</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1159998596","media":"CNN Business","summary":"The Dow and S&P 500 are atrecord highs thanks to Wall Street optimism about Covid-19 vaccines, feder","content":"<p>The Dow and S&P 500 are atrecord highs thanks to Wall Street optimism about Covid-19 vaccines, federal government stimulus, a rebounding global economy and a surge in value stocks. Now it's time for Corporate America to prove that investors should believe the hype.</p><p><blockquote>由于华尔街对Covid-19疫苗、联邦政府刺激措施、全球经济反弹以及价值股飙升的乐观情绪，道琼斯指数和标普500指数创历史新高。现在是美国企业界证明投资者应该相信炒作的时候了。</blockquote></p><p> A slew of big banks and other financial firms will report their first quarter earnings next week, giving the market its first glimpse of just how strong profits might be this year.</p><p><blockquote>许多大银行和其他金融公司将于下周公布第一季度收益，让市场首次看到今年的利润可能有多强劲。</blockquote></p><p> JPMorgan Chase (JPM),Goldman Sachs (GS),Bank of America (BAC),Wells Fargo (WFC) and BlackRock (BLK) are just a few of the companies on tap to post their results.</p><p><blockquote>摩根大通(JPM)、高盛(GS)、美国银行(BAC)、富国银行(WFC)和贝莱德(BLK)只是即将公布业绩的公司中的几家。</blockquote></p><p> According to data from FactSet Research, overall earnings for the S&P 500 should increase 24.5% in the quarter from a year ago and financial sector earnings are expected to surge nearly 80% from the first quarter of 2020.</p><p><blockquote>FactSet Research的数据显示，标准普尔500指数本季度的整体盈利应较去年同期增长24.5%，金融业盈利预计将较2020年第一季度飙升近80%。</blockquote></p><p> Bank stocks have surged this year as long-term bond yields have picked up. Higher yields make lending more profitable for banks. TheFinancial Select Sector SPDR (XLF) exchange-traded fund, which owns most of the top bank stocks, is up nearly 20% this year.</p><p><blockquote>随着长期债券收益率回升，银行股今年飙升。较高的收益率使银行的贷款利润更高。持有大多数顶级银行股的金融精选行业SPDR(XLF)交易所交易基金今年上涨了近20%。</blockquote></p><p> \"The tone is going to be positive. We're beginning to see the benefits of the economy recovering and banks have room to run with rising rates,\" said Ken Leon, director of equity research at CFRA Research.</p><p><blockquote>CFRA Research股票研究主管Ken Leon表示：“基调将是积极的。我们开始看到经济复苏的好处，银行有空间在利率上升的情况下运行。”</blockquote></p><p> Leon said that banks will also benefit from the improving financial health of the US consumer. That will boost the banks' credit card, student loan and auto lending portfolios. The housing market is likely to remain strong as well.</p><p><blockquote>莱昂表示，银行也将受益于美国消费者财务健康状况的改善。这将增加银行的信用卡、学生贷款和汽车贷款组合。房地产市场也可能保持强劲。</blockquote></p><p> James Shanahan, senior equity research analyst at Edward Jones, added that expectations are \"reasonably high\" for the banks.</p><p><blockquote>爱德华·琼斯(Edward Jones)高级股票研究分析师詹姆斯·沙纳汉(James Shanahan)补充说，对银行的期望“相当高”。</blockquote></p><p> But he thinks that the top financial firms should have no problem delivering strong results, particularly due to the healthy demand for initial public offerings and blank check special purpose acquisition company (SPAC) deals, which help generate robust fees for the investment banks.</p><p><blockquote>但他认为，顶级金融公司取得强劲业绩应该没有问题，特别是考虑到对首次公开募股和空白支票特殊目的收购公司（SPAC）交易的健康需求，这有助于为投资银行产生可观的费用。</blockquote></p><p> <b>Coinbase is ready for its market closeup</b></p><p><blockquote><b>Coinbase已准备好迎接市场特写</b></blockquote></p><p> Coinbase Global is set to make its Wall Street debut on Wednesday through a direct listing of its shares on the Nasdaq.</p><p><blockquote>Coinbase Global将于周三通过在纳斯达克直接上市的方式首次亮相华尔街。</blockquote></p><p> The trading exchange, which is benefiting from the surge in demand for bitcoin, ethereum and other cryptocurrencies, now has 56 million active, verified users and manages about $223 billion in crypto assets. That's about 11% of the total $2 trillion cryptocurrency market.</p><p><blockquote>该交易交易所受益于对比特币、以太币和其他加密货币需求的激增，目前拥有5600万活跃、经过验证的用户，管理着约2230亿美元的加密资产。这约占2万亿美元加密货币市场总额的11%。</blockquote></p><p> Coinbase estimated earlier this month that sales reached $1.8 billion in the first quarter and that it earned a profit of $730 million to $800 million during the first three months of 2021. That's up from sales of $190.6 million in the first quarter of 2020 and net income of about $32 million.</p><p><blockquote>Coinbase本月早些时候估计，第一季度销售额达到18亿美元，2021年前三个月利润为7.3亿至8亿美元。这高于2020年第一季度1.906亿美元的销售额和约3200万美元的净利润。</blockquote></p><p> The company also said in a regulatory filing in March that based on private market transactions, the company's market value was worth nearly $68 billion — a staggering increase from the $8 billion Coinbase was valued at it when it last raised money from venture capitalists in 2018.</p><p><blockquote>该公司还在3月份的一份监管文件中表示，根据私人市场交易，该公司的市值接近680亿美元——与Coinbase 2018年上次从风险投资家那里筹集资金时的80亿美元相比，有了惊人的增长。</blockquote></p><p> Some on Wall Street are betting that the stock will go significantly higher once it begins trading.</p><p><blockquote>华尔街的一些人押注该股一旦开始交易将大幅走高。</blockquote></p><p> Santosh Rao, head of research at Manhattan Venture Partners, said in a report last week that it thinks Coinbase could be worth $98 billion. To put that number in perspective, it's more than $30 billion above the current market cap of NYSE ownerIntercontinental Exchange (ICE).</p><p><blockquote>Manhattan Venture Partners的研究主管Santosh Rao在上周的一份报告中表示，它认为Coinbase的价值可能达到980亿美元。从这个数字来看，它比纽约证券交易所母公司洲际交易所(ICE)目前的市值高出300多亿美元。</blockquote></p><p> But that valuation is \"ridiculously high,\" according to David Trainer, CEO of New Constructs, an investment research firm.</p><p><blockquote>但投资研究公司New Constructs首席执行官大卫·特雷纳(David Trainer)表示，这一估值“高得离谱”。</blockquote></p><p> The Coinbase direct listing is the highlight of what could be a busy week for new stocks. Mobile marketing firm AppLovin, autonomous trucking startup TuSimple and senior-focused health care firm Agilon are each set to sell more than $1 billion in stock in initial public offerings.</p><p><blockquote>Coinbase direct上市是新股繁忙的一周的亮点。移动营销公司AppLovin、自动驾驶卡车运输初创公司TuSimple和专注于老年人的医疗保健公司Agilon都将在首次公开募股中出售超过10亿美元的股票。</blockquote></p><p> <b>Up next</b></p><p><blockquote><b>下一个</b></blockquote></p><p> <b>Tuesday:</b>US consumer price index</p><p><blockquote><b>星期二：</b>美国消费者物价指数</blockquote></p><p> <b>Wednesday:</b>IEA crude oil inventories; Goldman Sachs, JPMorgan Chase and Wells Fargo earnings; Coinbase market debut</p><p><blockquote><b>星期三：</b>IEA原油库存；高盛、摩根大通和富国银行财报；比特币基地市场首次亮相</blockquote></p><p> <b>Thursday:</b>US retail sales; unemployment claims; industrial production; Bank of America, BlackRock, Citigroup, Delta Air Lines, PepsiCo, Rite Aid, Taiwan Semiconductor and UnitedHealth earnings</p><p><blockquote><b>星期四：</b>美国零售额；失业索赔；工业生产；美银、贝莱德、花旗集团、达美航空、百事可乐、Rite Aid、台积电和联合健康收益</blockquote></p><p> <b>Friday:</b>US housing starts and building permits; BNY Mellon, Morgan Stanley and PNC earnings</p><p><blockquote><b>星期五：</b>美国新屋开工和建筑许可；纽约梅隆银行、摩根士丹利和PNC收益</blockquote></p><p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Will corporate earnings be strong enough to justify the record stocks rally?<blockquote>企业盈利是否足以证明创纪录的股市上涨是合理的？</blockquote></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: 12.5px; color: #7E829C; margin: 0;}\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\">\nWill corporate earnings be strong enough to justify the record stocks rally?<blockquote>企业盈利是否足以证明创纪录的股市上涨是合理的？</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">CNN Business</strong><span class=\"h-time small\">2021-04-12 08:33</span>\n</p>\n</h4>\n</header>\n<article>\n<p>The Dow and S&P 500 are atrecord highs thanks to Wall Street optimism about Covid-19 vaccines, federal government stimulus, a rebounding global economy and a surge in value stocks. Now it's time for Corporate America to prove that investors should believe the hype.</p><p><blockquote>由于华尔街对Covid-19疫苗、联邦政府刺激措施、全球经济反弹以及价值股飙升的乐观情绪，道琼斯指数和标普500指数创历史新高。现在是美国企业界证明投资者应该相信炒作的时候了。</blockquote></p><p> A slew of big banks and other financial firms will report their first quarter earnings next week, giving the market its first glimpse of just how strong profits might be this year.</p><p><blockquote>许多大银行和其他金融公司将于下周公布第一季度收益，让市场首次看到今年的利润可能有多强劲。</blockquote></p><p> JPMorgan Chase (JPM),Goldman Sachs (GS),Bank of America (BAC),Wells Fargo (WFC) and BlackRock (BLK) are just a few of the companies on tap to post their results.</p><p><blockquote>摩根大通(JPM)、高盛(GS)、美国银行(BAC)、富国银行(WFC)和贝莱德(BLK)只是即将公布业绩的公司中的几家。</blockquote></p><p> According to data from FactSet Research, overall earnings for the S&P 500 should increase 24.5% in the quarter from a year ago and financial sector earnings are expected to surge nearly 80% from the first quarter of 2020.</p><p><blockquote>FactSet Research的数据显示，标准普尔500指数本季度的整体盈利应较去年同期增长24.5%，金融业盈利预计将较2020年第一季度飙升近80%。</blockquote></p><p> Bank stocks have surged this year as long-term bond yields have picked up. Higher yields make lending more profitable for banks. TheFinancial Select Sector SPDR (XLF) exchange-traded fund, which owns most of the top bank stocks, is up nearly 20% this year.</p><p><blockquote>随着长期债券收益率回升，银行股今年飙升。较高的收益率使银行的贷款利润更高。持有大多数顶级银行股的金融精选行业SPDR(XLF)交易所交易基金今年上涨了近20%。</blockquote></p><p> \"The tone is going to be positive. We're beginning to see the benefits of the economy recovering and banks have room to run with rising rates,\" said Ken Leon, director of equity research at CFRA Research.</p><p><blockquote>CFRA Research股票研究主管Ken Leon表示：“基调将是积极的。我们开始看到经济复苏的好处，银行有空间在利率上升的情况下运行。”</blockquote></p><p> Leon said that banks will also benefit from the improving financial health of the US consumer. That will boost the banks' credit card, student loan and auto lending portfolios. The housing market is likely to remain strong as well.</p><p><blockquote>莱昂表示，银行也将受益于美国消费者财务健康状况的改善。这将增加银行的信用卡、学生贷款和汽车贷款组合。房地产市场也可能保持强劲。</blockquote></p><p> James Shanahan, senior equity research analyst at Edward Jones, added that expectations are \"reasonably high\" for the banks.</p><p><blockquote>爱德华·琼斯(Edward Jones)高级股票研究分析师詹姆斯·沙纳汉(James Shanahan)补充说，对银行的期望“相当高”。</blockquote></p><p> But he thinks that the top financial firms should have no problem delivering strong results, particularly due to the healthy demand for initial public offerings and blank check special purpose acquisition company (SPAC) deals, which help generate robust fees for the investment banks.</p><p><blockquote>但他认为，顶级金融公司取得强劲业绩应该没有问题，特别是考虑到对首次公开募股和空白支票特殊目的收购公司（SPAC）交易的健康需求，这有助于为投资银行产生可观的费用。</blockquote></p><p> <b>Coinbase is ready for its market closeup</b></p><p><blockquote><b>Coinbase已准备好迎接市场特写</b></blockquote></p><p> Coinbase Global is set to make its Wall Street debut on Wednesday through a direct listing of its shares on the Nasdaq.</p><p><blockquote>Coinbase Global将于周三通过在纳斯达克直接上市的方式首次亮相华尔街。</blockquote></p><p> The trading exchange, which is benefiting from the surge in demand for bitcoin, ethereum and other cryptocurrencies, now has 56 million active, verified users and manages about $223 billion in crypto assets. That's about 11% of the total $2 trillion cryptocurrency market.</p><p><blockquote>该交易交易所受益于对比特币、以太币和其他加密货币需求的激增，目前拥有5600万活跃、经过验证的用户，管理着约2230亿美元的加密资产。这约占2万亿美元加密货币市场总额的11%。</blockquote></p><p> Coinbase estimated earlier this month that sales reached $1.8 billion in the first quarter and that it earned a profit of $730 million to $800 million during the first three months of 2021. That's up from sales of $190.6 million in the first quarter of 2020 and net income of about $32 million.</p><p><blockquote>Coinbase本月早些时候估计，第一季度销售额达到18亿美元，2021年前三个月利润为7.3亿至8亿美元。这高于2020年第一季度1.906亿美元的销售额和约3200万美元的净利润。</blockquote></p><p> The company also said in a regulatory filing in March that based on private market transactions, the company's market value was worth nearly $68 billion — a staggering increase from the $8 billion Coinbase was valued at it when it last raised money from venture capitalists in 2018.</p><p><blockquote>该公司还在3月份的一份监管文件中表示，根据私人市场交易，该公司的市值接近680亿美元——与Coinbase 2018年上次从风险投资家那里筹集资金时的80亿美元相比，有了惊人的增长。</blockquote></p><p> Some on Wall Street are betting that the stock will go significantly higher once it begins trading.</p><p><blockquote>华尔街的一些人押注该股一旦开始交易将大幅走高。</blockquote></p><p> Santosh Rao, head of research at Manhattan Venture Partners, said in a report last week that it thinks Coinbase could be worth $98 billion. To put that number in perspective, it's more than $30 billion above the current market cap of NYSE ownerIntercontinental Exchange (ICE).</p><p><blockquote>Manhattan Venture Partners的研究主管Santosh Rao在上周的一份报告中表示，它认为Coinbase的价值可能达到980亿美元。从这个数字来看，它比纽约证券交易所母公司洲际交易所(ICE)目前的市值高出300多亿美元。</blockquote></p><p> But that valuation is \"ridiculously high,\" according to David Trainer, CEO of New Constructs, an investment research firm.</p><p><blockquote>但投资研究公司New Constructs首席执行官大卫·特雷纳(David Trainer)表示，这一估值“高得离谱”。</blockquote></p><p> The Coinbase direct listing is the highlight of what could be a busy week for new stocks. Mobile marketing firm AppLovin, autonomous trucking startup TuSimple and senior-focused health care firm Agilon are each set to sell more than $1 billion in stock in initial public offerings.</p><p><blockquote>Coinbase direct上市是新股繁忙的一周的亮点。移动营销公司AppLovin、自动驾驶卡车运输初创公司TuSimple和专注于老年人的医疗保健公司Agilon都将在首次公开募股中出售超过10亿美元的股票。</blockquote></p><p> <b>Up next</b></p><p><blockquote><b>下一个</b></blockquote></p><p> <b>Tuesday:</b>US consumer price index</p><p><blockquote><b>星期二：</b>美国消费者物价指数</blockquote></p><p> <b>Wednesday:</b>IEA crude oil inventories; Goldman Sachs, JPMorgan Chase and Wells Fargo earnings; Coinbase market debut</p><p><blockquote><b>星期三：</b>IEA原油库存；高盛、摩根大通和富国银行财报；比特币基地市场首次亮相</blockquote></p><p> <b>Thursday:</b>US retail sales; unemployment claims; industrial production; Bank of America, BlackRock, Citigroup, Delta Air Lines, PepsiCo, Rite Aid, Taiwan Semiconductor and UnitedHealth earnings</p><p><blockquote><b>星期四：</b>美国零售额；失业索赔；工业生产；美银、贝莱德、花旗集团、达美航空、百事可乐、Rite Aid、台积电和联合健康收益</blockquote></p><p> <b>Friday:</b>US housing starts and building permits; BNY Mellon, Morgan Stanley and PNC earnings</p><p><blockquote><b>星期五：</b>美国新屋开工和建筑许可；纽约梅隆银行、摩根士丹利和PNC收益</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://edition.cnn.com/2021/04/11/investing/stocks-week-ahead/index.html\">CNN Business</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"COIN":"Coinbase Global, Inc.",".IXIC":"NASDAQ Composite",".DJI":"道琼斯",".SPX":"S&P 500 Index"},"source_url":"https://edition.cnn.com/2021/04/11/investing/stocks-week-ahead/index.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1159998596","content_text":"The Dow and S&P 500 are atrecord highs thanks to Wall Street optimism about Covid-19 vaccines, federal government stimulus, a rebounding global economy and a surge in value stocks. Now it's time for Corporate America to prove that investors should believe the hype.\nA slew of big banks and other financial firms will report their first quarter earnings next week, giving the market its first glimpse of just how strong profits might be this year.\nJPMorgan Chase (JPM),Goldman Sachs (GS),Bank of America (BAC),Wells Fargo (WFC) and BlackRock (BLK) are just a few of the companies on tap to post their results.\nAccording to data from FactSet Research, overall earnings for the S&P 500 should increase 24.5% in the quarter from a year ago and financial sector earnings are expected to surge nearly 80% from the first quarter of 2020.\nBank stocks have surged this year as long-term bond yields have picked up. Higher yields make lending more profitable for banks. TheFinancial Select Sector SPDR (XLF) exchange-traded fund, which owns most of the top bank stocks, is up nearly 20% this year.\n\"The tone is going to be positive. We're beginning to see the benefits of the economy recovering and banks have room to run with rising rates,\" said Ken Leon, director of equity research at CFRA Research.\nLeon said that banks will also benefit from the improving financial health of the US consumer. That will boost the banks' credit card, student loan and auto lending portfolios. The housing market is likely to remain strong as well.\nJames Shanahan, senior equity research analyst at Edward Jones, added that expectations are \"reasonably high\" for the banks.\nBut he thinks that the top financial firms should have no problem delivering strong results, particularly due to the healthy demand for initial public offerings and blank check special purpose acquisition company (SPAC) deals, which help generate robust fees for the investment banks.\nCoinbase is ready for its market closeup\nCoinbase Global is set to make its Wall Street debut on Wednesday through a direct listing of its shares on the Nasdaq.\nThe trading exchange, which is benefiting from the surge in demand for bitcoin, ethereum and other cryptocurrencies, now has 56 million active, verified users and manages about $223 billion in crypto assets. That's about 11% of the total $2 trillion cryptocurrency market.\nCoinbase estimated earlier this month that sales reached $1.8 billion in the first quarter and that it earned a profit of $730 million to $800 million during the first three months of 2021. That's up from sales of $190.6 million in the first quarter of 2020 and net income of about $32 million.\nThe company also said in a regulatory filing in March that based on private market transactions, the company's market value was worth nearly $68 billion — a staggering increase from the $8 billion Coinbase was valued at it when it last raised money from venture capitalists in 2018.\nSome on Wall Street are betting that the stock will go significantly higher once it begins trading.\nSantosh Rao, head of research at Manhattan Venture Partners, said in a report last week that it thinks Coinbase could be worth $98 billion. To put that number in perspective, it's more than $30 billion above the current market cap of NYSE ownerIntercontinental Exchange (ICE).\nBut that valuation is \"ridiculously high,\" according to David Trainer, CEO of New Constructs, an investment research firm.\nThe Coinbase direct listing is the highlight of what could be a busy week for new stocks. Mobile marketing firm AppLovin, autonomous trucking startup TuSimple and senior-focused health care firm Agilon are each set to sell more than $1 billion in stock in initial public offerings.\nUp next\nTuesday:US consumer price index\nWednesday:IEA crude oil inventories; Goldman Sachs, JPMorgan Chase and Wells Fargo earnings; Coinbase market debut\nThursday:US retail sales; unemployment claims; industrial production; Bank of America, BlackRock, Citigroup, Delta Air Lines, PepsiCo, Rite Aid, Taiwan Semiconductor and UnitedHealth earnings\nFriday:US housing starts and building permits; BNY Mellon, Morgan Stanley and PNC earnings","news_type":1,"symbols_score_info":{".DJI":0.9,"COIN":0.9,".SPX":0.9,".IXIC":0.9}},"isVote":1,"tweetType":1,"viewCount":521,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":[],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":33,"xxTargetLangEnum":"ORIG"},"commentList":[],"isCommentEnd":true,"isTiger":false,"isWeiXinMini":false,"url":"/m/post/342192187"}
精彩评论