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0勋章

2021-03-18

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2021-05-11

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2021-05-17

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2021-05-10

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2021-04-25

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2021-06-11

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2021-05-06

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This Day In Market History: Panic Of 1893 Crashes Stock Market<blockquote>市场历史上的这一天：1893年的恐慌导致股市崩盘</blockquote>

2021-04-16

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2021-03-23

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2021-11-22

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Best Buy, Zoom, Pinduoduo, Xpeng,Xiaomi,Meituan and Other Stocks for Investors to Watch This Week<blockquote>百思买、Zoom、拼多多、小鹏汽车、小米、美团-W等本周值得投资者关注的股票</blockquote>

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stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1637764212,"share":"https://www.laohu8.com/m/news/1149443792?lang=zh_CN&edition=full","pubTime":"2021-11-24 22:30","market":"us","language":"en","title":"Stocks fall as higher yields hit tech names again, retail earnings disappoint<blockquote>由于收益率上升再次打击科技股，零售业盈利令人失望，股市下跌</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1149443792","media":"Tiger Newspress","summary":"U.S. stocks fell at the open on Wednesday morning as higher yields continued to put pressure on high","content":"<p>U.S. stocks fell at the open on Wednesday morning as higher yields continued to put pressure on high-flying tech stocks.</p><p><blockquote>由于收益率上升继续给飞速发展的科技股带来压力，美国股市周三早盘开盘下跌。</blockquote></p><p> The Dow Jones Industrial Averaged shed 200 points, or about 0.6%. The S&amp;P 500 lose 0.6%, while the tech-heavy Nasdaq Composit slid 0.9%.</p><p><blockquote>道琼斯工业平均指数下跌200点，跌幅约0.6%。标普500下跌0.6%，以科技股为主的纳斯达克综合指数下跌0.9%。</blockquote></p><p> The three major indexes held lower even after new Labor Department data showed new&nbsp;weekly jobless claims&nbsp;fell far more than expected to their lowest level since November 1969, underscoring the current tight labor market conditions. The 10-year Treasury yield rose to near 1.7% amid these further signs of a firming economic recovery.</p><p><blockquote>尽管劳工部新数据显示每周新申请失业救济人数降幅远超预期至1969年11月以来的最低水平，突显出当前劳动力市场状况紧张，但三大指数仍走低。随着经济复苏的进一步迹象，10年期国债收益率升至近1.7%。</blockquote></p><p> Rising interest rates have coincided with a selloff in tech and growth stocks this week, with the Nasdaq dropping another 0.5% on Tuesday after Monday's more than 1% decline.</p><p><blockquote>利率上升与本周科技股和成长股的抛售同时发生，纳斯达克继周一下跌超过1%后，周二又下跌0.5%。</blockquote></p><p> \"Initially, the markets were happy with the FOMC decision [for Fed Chair Jerome Powell'srenomination] in the sense that it was sort of a continuity play to some degree. But then rates started to rise, and a lot of folks read rising rates as negative for big-cap tech,\" Stuart Kaiser, UBS head of equity derivatives research,told Yahoo Finance Live.\"So I think the tradeoff we're going to have here is that, tech has been market leadership — it's obviously a strong earnings growth and free cash flow engine for U.S. equities — but if you believe it's going to come under pressure from higher yields, then you end up with kind of a difficult Catch-22.\"</p><p><blockquote>“最初，市场对联邦公开市场委员会（美联储主席杰罗姆·鲍威尔的重新提名）的决定感到满意，因为这在某种程度上是一种连续性。但随后利率开始上升，很多人认为利率上升瑞银股票衍生品研究主管斯图尔特·凯泽(Stuart Kaiser)对雅虎财经直播表示：“因此，我认为我们将在这里做出的权衡是，科技股一直处于市场领先地位——它显然是美国股市的强劲盈利增长和自由现金流引擎——但如果你认为它将面临收益率上升的压力，那么你最终会遇到一个困难的第22条军规。”</blockquote></p><p> Investors are set to receive more economic data later Wednesday morning ahead of the Thanksgiving Day market holiday, with both the U.S. stock and bond markets set to close all day Thursday. Importantly, the Bureau of Economic Analysis will release the October personal consumption expenditures (PCE) deflator, offering an updated look at the extent of the price increases still reverberating through the U.S. economy.</p><p><blockquote>周三上午晚些时候，在感恩节市场假期之前，投资者将收到更多经济数据，美国股市和债市周四全天休市。重要的是，经济分析局将发布10月份个人消费支出（PCE）平减指数，提供仍在影响美国经济的价格上涨程度的最新情况。</blockquote></p><p> The headline PCE deflator is expected to rise by 5.1% in October over last year for its fastest annual growth rate in more than three decades. Taken in tandem with a bevy of other data pointing to persistently high inflation, investors are speculating that the Federal Reserve will step in and raise benchmark interest rates from their near-zero levels next year to try and stem rising prices.</p><p><blockquote>预计10月份总体PCE平减指数将比去年上涨5.1%，创三十多年来最快年增长率。再加上一系列其他数据表明通胀持续高企，投资者猜测美联储明年将介入并将基准利率从接近零的水平上调，以试图阻止物价上涨。</blockquote></p><p> According to other analysts, the market action this week — with a renewed rotation away from technology and growth stocks in the face of rising rates — could presage the investing environment for next year.</p><p><blockquote>其他分析师表示，本周的市场走势——面对利率上升，科技股和成长股重新转向——可能预示着明年的投资环境。</blockquote></p><p> \"[Tuesday] might be an example of what we see more of next year as the Fed moves into a mode of withdrawing liquidity from the markets and ending these pandemic-era policies, perhaps with rate hikes at the end of the year,\" Jeffrey Kleintop, Charles Schwab chief global investment strategist,told Yahoo Finance Live.\"And that means higher-valuation stocks, well, they tend to not do as well in environments of rising interest rates and tighter financial conditions.\"</p><p><blockquote>“（周二）可能是我们明年看到更多情况的一个例子，因为美联储进入从市场撤出流动性并结束这些大流行时代的政策的模式，也许会在年底加息，”嘉信理财首席全球投资策略师杰弗里·克莱因托普(Jeffrey Kleintop)告诉雅虎财经直播。“这意味着高估值股票在利率上升和金融状况收紧的环境下往往表现不佳。”</blockquote></p><p> \"So you may want to look to be in those sectors that are maybe trading closer to their average valuations, looking to leadership like financials, energy,\" he added. \"The only caveat to that is when we see these upticks in COVID cases globally, it tends to favor those lockdown defensives like technology.\"</p><p><blockquote>“因此，你可能希望关注那些交易估值可能更接近其平均估值的行业，寻找金融、能源等领先地位，”他补充道。“唯一的警告是，当我们看到全球新冠病例增加时，人们往往会青睐技术等封锁防御措施。”</blockquote></p><p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; 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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\">\nStocks fall as higher yields hit tech names again, retail earnings disappoint<blockquote>由于收益率上升再次打击科技股，零售业盈利令人失望，股市下跌</blockquote>\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time smaller\">2021-11-24 22:30</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>U.S. stocks fell at the open on Wednesday morning as higher yields continued to put pressure on high-flying tech stocks.</p><p><blockquote>由于收益率上升继续给飞速发展的科技股带来压力，美国股市周三早盘开盘下跌。</blockquote></p><p> The Dow Jones Industrial Averaged shed 200 points, or about 0.6%. The S&amp;P 500 lose 0.6%, while the tech-heavy Nasdaq Composit slid 0.9%.</p><p><blockquote>道琼斯工业平均指数下跌200点，跌幅约0.6%。标普500下跌0.6%，以科技股为主的纳斯达克综合指数下跌0.9%。</blockquote></p><p> The three major indexes held lower even after new Labor Department data showed new&nbsp;weekly jobless claims&nbsp;fell far more than expected to their lowest level since November 1969, underscoring the current tight labor market conditions. The 10-year Treasury yield rose to near 1.7% amid these further signs of a firming economic recovery.</p><p><blockquote>尽管劳工部新数据显示每周新申请失业救济人数降幅远超预期至1969年11月以来的最低水平，突显出当前劳动力市场状况紧张，但三大指数仍走低。随着经济复苏的进一步迹象，10年期国债收益率升至近1.7%。</blockquote></p><p> Rising interest rates have coincided with a selloff in tech and growth stocks this week, with the Nasdaq dropping another 0.5% on Tuesday after Monday's more than 1% decline.</p><p><blockquote>利率上升与本周科技股和成长股的抛售同时发生，纳斯达克继周一下跌超过1%后，周二又下跌0.5%。</blockquote></p><p> \"Initially, the markets were happy with the FOMC decision [for Fed Chair Jerome Powell'srenomination] in the sense that it was sort of a continuity play to some degree. But then rates started to rise, and a lot of folks read rising rates as negative for big-cap tech,\" Stuart Kaiser, UBS head of equity derivatives research,told Yahoo Finance Live.\"So I think the tradeoff we're going to have here is that, tech has been market leadership — it's obviously a strong earnings growth and free cash flow engine for U.S. equities — but if you believe it's going to come under pressure from higher yields, then you end up with kind of a difficult Catch-22.\"</p><p><blockquote>“最初，市场对联邦公开市场委员会（美联储主席杰罗姆·鲍威尔的重新提名）的决定感到满意，因为这在某种程度上是一种连续性。但随后利率开始上升，很多人认为利率上升瑞银股票衍生品研究主管斯图尔特·凯泽(Stuart Kaiser)对雅虎财经直播表示：“因此，我认为我们将在这里做出的权衡是，科技股一直处于市场领先地位——它显然是美国股市的强劲盈利增长和自由现金流引擎——但如果你认为它将面临收益率上升的压力，那么你最终会遇到一个困难的第22条军规。”</blockquote></p><p> Investors are set to receive more economic data later Wednesday morning ahead of the Thanksgiving Day market holiday, with both the U.S. stock and bond markets set to close all day Thursday. Importantly, the Bureau of Economic Analysis will release the October personal consumption expenditures (PCE) deflator, offering an updated look at the extent of the price increases still reverberating through the U.S. economy.</p><p><blockquote>周三上午晚些时候，在感恩节市场假期之前，投资者将收到更多经济数据，美国股市和债市周四全天休市。重要的是，经济分析局将发布10月份个人消费支出（PCE）平减指数，提供仍在影响美国经济的价格上涨程度的最新情况。</blockquote></p><p> The headline PCE deflator is expected to rise by 5.1% in October over last year for its fastest annual growth rate in more than three decades. Taken in tandem with a bevy of other data pointing to persistently high inflation, investors are speculating that the Federal Reserve will step in and raise benchmark interest rates from their near-zero levels next year to try and stem rising prices.</p><p><blockquote>预计10月份总体PCE平减指数将比去年上涨5.1%，创三十多年来最快年增长率。再加上一系列其他数据表明通胀持续高企，投资者猜测美联储明年将介入并将基准利率从接近零的水平上调，以试图阻止物价上涨。</blockquote></p><p> According to other analysts, the market action this week — with a renewed rotation away from technology and growth stocks in the face of rising rates — could presage the investing environment for next year.</p><p><blockquote>其他分析师表示，本周的市场走势——面对利率上升，科技股和成长股重新转向——可能预示着明年的投资环境。</blockquote></p><p> \"[Tuesday] might be an example of what we see more of next year as the Fed moves into a mode of withdrawing liquidity from the markets and ending these pandemic-era policies, perhaps with rate hikes at the end of the year,\" Jeffrey Kleintop, Charles Schwab chief global investment strategist,told Yahoo Finance Live.\"And that means higher-valuation stocks, well, they tend to not do as well in environments of rising interest rates and tighter financial conditions.\"</p><p><blockquote>“（周二）可能是我们明年看到更多情况的一个例子，因为美联储进入从市场撤出流动性并结束这些大流行时代的政策的模式，也许会在年底加息，”嘉信理财首席全球投资策略师杰弗里·克莱因托普(Jeffrey Kleintop)告诉雅虎财经直播。“这意味着高估值股票在利率上升和金融状况收紧的环境下往往表现不佳。”</blockquote></p><p> \"So you may want to look to be in those sectors that are maybe trading closer to their average valuations, looking to leadership like financials, energy,\" he added. \"The only caveat to that is when we see these upticks in COVID cases globally, it tends to favor those lockdown defensives like technology.\"</p><p><blockquote>“因此，你可能希望关注那些交易估值可能更接近其平均估值的行业，寻找金融、能源等领先地位，”他补充道。“唯一的警告是，当我们看到全球新冠病例增加时，人们往往会青睐技术等封锁防御措施。”</blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index",".DJI":"道琼斯",".IXIC":"NASDAQ Composite"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1149443792","content_text":"U.S. stocks fell at the open on Wednesday morning as higher yields continued to put pressure on high-flying tech stocks.\nThe Dow Jones Industrial Averaged shed 200 points, or about 0.6%. The S&P 500 lose 0.6%, while the tech-heavy Nasdaq Composit slid 0.9%.\nThe three major indexes held lower even after new Labor Department data showed new weekly jobless claims fell far more than expected to their lowest level since November 1969, underscoring the current tight labor market conditions. The 10-year Treasury yield rose to near 1.7% amid these further signs of a firming economic recovery.\nRising interest rates have coincided with a selloff in tech and growth stocks this week, with the Nasdaq dropping another 0.5% on Tuesday after Monday's more than 1% decline.\n\"Initially, the markets were happy with the FOMC decision [for Fed Chair Jerome Powell'srenomination] in the sense that it was sort of a continuity play to some degree. But then rates started to rise, and a lot of folks read rising rates as negative for big-cap tech,\" Stuart Kaiser, UBS head of equity derivatives research,told Yahoo Finance Live.\"So I think the tradeoff we're going to have here is that, tech has been market leadership — it's obviously a strong earnings growth and free cash flow engine for U.S. equities — but if you believe it's going to come under pressure from higher yields, then you end up with kind of a difficult Catch-22.\"\nInvestors are set to receive more economic data later Wednesday morning ahead of the Thanksgiving Day market holiday, with both the U.S. stock and bond markets set to close all day Thursday. Importantly, the Bureau of Economic Analysis will release the October personal consumption expenditures (PCE) deflator, offering an updated look at the extent of the price increases still reverberating through the U.S. economy.\nThe headline PCE deflator is expected to rise by 5.1% in October over last year for its fastest annual growth rate in more than three decades. Taken in tandem with a bevy of other data pointing to persistently high inflation, investors are speculating that the Federal Reserve will step in and raise benchmark interest rates from their near-zero levels next year to try and stem rising prices.\nAccording to other analysts, the market action this week — with a renewed rotation away from technology and growth stocks in the face of rising rates — could presage the investing environment for next year.\n\"[Tuesday] might be an example of what we see more of next year as the Fed moves into a mode of withdrawing liquidity from the markets and ending these pandemic-era policies, perhaps with rate hikes at the end of the year,\" Jeffrey Kleintop, Charles Schwab chief global investment strategist,told Yahoo Finance Live.\"And that means higher-valuation stocks, well, they tend to not do as well in environments of rising interest rates and tighter financial conditions.\"\n\"So you may want to look to be in those sectors that are maybe trading closer to their average valuations, looking to leadership like financials, energy,\" he added. \"The only caveat to that is when we see these upticks in COVID cases globally, it tends to favor those lockdown defensives like technology.\"","news_type":1,"symbols_score_info":{".SPX":0.9,".DJI":0.9,".IXIC":0.9}},"isVote":1,"tweetType":1,"viewCount":2358,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":875122634,"gmtCreate":1637626825025,"gmtModify":1637626825122,"author":{"id":"3559297454639767","authorId":"3559297454639767","name":"MJ2317","avatar":"https://static.tigerbbs.com/e630b11b8aefdaa3f6d659668006e6c9","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3559297454639767","authorIdStr":"3559297454639767"},"themes":[],"title":"","htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/875122634","repostId":"2185478805","repostType":2,"isVote":1,"tweetType":1,"viewCount":2900,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":872459864,"gmtCreate":1637564295665,"gmtModify":1637564295831,"author":{"id":"3559297454639767","authorId":"3559297454639767","name":"MJ2317","avatar":"https://static.tigerbbs.com/e630b11b8aefdaa3f6d659668006e6c9","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3559297454639767","authorIdStr":"3559297454639767"},"themes":[],"title":"","htmlText":"Ok&nbsp;","listText":"Ok&nbsp;","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":9,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/872459864","repostId":"1153786917","repostType":4,"repost":{"id":"1153786917","kind":"news","pubTimestamp":1637534687,"share":"https://www.laohu8.com/m/news/1153786917?lang=zh_CN&edition=full","pubTime":"2021-11-22 06:44","market":"us","language":"en","title":"Best Buy, Zoom, Pinduoduo, Xpeng,Xiaomi,Meituan and Other Stocks for Investors to Watch This Week<blockquote>百思买、Zoom、拼多多、小鹏汽车、小米、美团-W等本周值得投资者关注的股票</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1153786917","media":"Barrons","summary":"The tail end of third-quarter earnings season will bring more results from major retailers next week","content":"<p>The tail end of third-quarter earnings season will bring more results from major retailers next week, just as shoppers prepare for Black Friday. On Tuesday, investors will get quarterly results from some of retail’s biggest names, including&nbsp;Best Buy,Burlington Stores,Dick’s Sporting Goods,Dollar Tree,and&nbsp;Gap.</p><p><blockquote>就在购物者为黑色星期五做准备之际，第三季度财报季的尾声将在下周带来更多主要零售商的业绩。周二，投资者将获得一些零售业巨头的季度业绩，包括百思买、伯灵顿商店、迪克体育用品、美元树和Gap。</blockquote></p><p> Friday will bring one of the busiest shopping days of the year and the traditional kick off for holiday shopping season. The National Retail Federation estimates that a record $851 billion will be spent by U.S. consumers this November and December, a 9.5% increase from last year.</p><p><blockquote>周五将是一年中最繁忙的购物日之一，也是假日购物季的传统开始。美国零售联合会估计，今年11月和12月，美国消费者的支出将达到创纪录的8510亿美元，比去年增长9.5%。</blockquote></p><p> Non-retail highlights on the earnings calendar next week include&nbsp;Zoom Video Communications on Monday,Xpeng,Xiaomi Corporation,Autodesk,Dell Technologies,and&nbsp;VMware&nbsp;on Tuesday, Deere&nbsp;on Wednesday&nbsp;and&nbsp;Pinduoduo,Meituan and RLX Technology&nbsp;on Friday.</p><p><blockquote>下周财报日历上的非零售亮点包括周一的Zoom Video通信、周二的小鹏汽车、小米公司、欧特克、戴尔科技和VMware、周三的Deere以及周五的拼多多、美团-W和RLX科技。</blockquote></p><p> The National Association of Realtors reports existing-home sales for October on Monday. The consensus estimate is for a seasonally adjusted annual rate of 6.19 million homes sold, 100,000 fewer than in September.</p><p><blockquote>全国房地产经纪人协会周一公布了10月份的现房销售情况。市场普遍估计，经季节调整后，房屋销售量为619万套，比9月份减少10万套。</blockquote></p><p> On Tuesday,IHS Markit&nbsp;releases both the manufacturing and services purchasing managers’ indexes for November. Expectations are for a 59.5 reading for the manufacturing PMI and 59 for the services PMI.</p><p><blockquote>周二，IHS Markit发布了11月份制造业和服务业采购经理人指数。预期制造业PMI为59.5，服务业PMI为59。</blockquote></p><p> On Wednesday, the Federal Open Market Committee releases minutes from its early-November monetary-policy meeting. The U.S. Census Bureau also releases the durable-goods report for October, while the U.S. Bureau of Economic Analysis reports personal income and spending for October.</p><p><blockquote>周三，联邦公开市场委员会公布了11月初货币政策会议纪要。美国人口普查局还发布10月份耐用品报告，而美国经济分析局则报告10月份个人收入和支出。</blockquote></p><p> U.S. bourses and fixed-income markets will be closed on Thursday for Thanksgiving. On Friday, the Nasdaq and New York Stock Exchange end trading at 1 p.m., while the bond market closes at 2 p.m.</p><p><blockquote>美国股市和固定收益市场将于周四因感恩节休市。周五，纳斯达克和纽约证券交易所下午1点结束交易，而债券市场下午2点收盘。</blockquote></p><p> Agilent Technologies,Keysight Technologies,and Zoom Video Communications release quarterly results.</p><p><blockquote>安捷伦科技、是德科技、Zoom Video通信发布季度业绩。</blockquote></p><p> <b>The National Association</b> of Realtors reports existing-home sales for October. The consensus estimate is for a seasonally adjusted annual rate of 6.19 million homes sold, 100,000 fewer than in September. Existing-home sales hit their post-financial-crisis peak at 6.73 million last October and have fallen for much of this year, partly due to supply constraints, especially at the lower-price end of the housing market.</p><p><blockquote><b>全国协会</b>房地产经纪人报告10月份现房销售情况。市场普遍估计，经季节调整后，房屋销售量为619万套，比9月份减少10万套。去年10月，成屋销量达到金融危机后的峰值673万套，今年大部分时间都在下降，部分原因是供应限制，尤其是在房地产市场的低端。</blockquote></p><p> Analog Devices,Autodesk, Best Buy, Burlington Stores, Dell Technologies, Dick’s Sporting Goods, Dollar Tree, Gap,HPInc.,J.M. Smucker, Jacobs Engineering Group,Medtronic,and VMware report earnings.</p><p><blockquote>ADI公司、欧特克公司、百思买公司、伯灵顿商店公司、戴尔技术公司、迪克体育用品公司、美元树公司、Gap公司、HPInc公司。，J.MSmucker、Jacobs Engineering Group、Medtronic和VMware报告收益。</blockquote></p><p> <b>IHS Markit releases</b> both the Manufacturing and Services Purchasing Managers’ indexes for November. Expectations are for a 59.5 reading for the Manufacturing PMI and 59 for the Services PMI. Both figures are slightly more than the October data. Both indexes are off their peaks from earlier this year, but higher than their levels from a year ago.</p><p><blockquote><b>IHS Markit发布</b>11月份制造业和服务业采购经理人指数。预期制造业PMI为59.5，服务业PMI为59。这两个数字都略高于10月份的数据。这两个指数都脱离了今年早些时候的峰值，但高于一年前的水平。</blockquote></p><p> <b>The BEA reports</b> its second estimate of third-quarter gross domestic product. Economists forecast a 2.2% annualized rate of growth, higher than the BEA’s preliminary estimate of 2% from late October.</p><p><blockquote><b>东亚银行报告</b>其对第三季度国内生产总值的第二次估计。经济学家预测年化增长率为2.2%，高于东亚银行10月底初步估计的2%。</blockquote></p><p> Deere reports fiscal fourth-quarter 2021 results.</p><p><blockquote>Deere公布2021财年第四季度业绩。</blockquote></p><p> <b>The Federal Open Market</b> Committee releases minutes from its early-November monetary-policy meeting.</p><p><blockquote><b>联邦公开市场</b>委员会发布11月初货币政策会议纪要。</blockquote></p><p> <b>The Census Bureau</b> releases the durable-goods report for October. Economists forecast a 0.2% month-over-month increase in new orders for manufactured durable goods, to $262 billion. Excluding transportation, new orders are seen rising 0.5%, matching the September gain.</p><p><blockquote><b>人口普查局</b>发布10月份耐用品报告。经济学家预测耐用品新订单环比增长0.2%，达到2620亿美元。不包括运输，新订单预计将增长0.5%，与9月份的增幅持平。</blockquote></p><p> <b>The BEA reports</b> personal income and spending for October. The consensus call is for a 0.4% monthly increase in income after a 1% decline in September. Personal spending is expected to rise 1%, month over month, a faster clip than September’s 0.6% gain.</p><p><blockquote><b>东亚银行报告</b>10月份个人收入和支出。看涨期权普遍认为，继9月份收入下降1%后，每月收入将增长0.4%。个人支出预计将环比增长1%，快于9月份0.6%的增幅。</blockquote></p><p> <b>U.S. bourses</b> and fixed-income markets are closed in observance of Thanksgiving.</p><p><blockquote><b>美国证券交易所</b>固定收益市场因感恩节休市。</blockquote></p><p> <b>It’s Black Friday</b>, one of the busiest shopping days of the year and the traditional kickoff to the holiday shopping season. The National Retail Federation estimates that a record $851 billion will be spent by U.S. consumers this November and December, a 9.5% increase from last year. U.S. exchanges have a shortened trading session on the day after Thanksgiving. The Nasdaq and New York Stock Exchange end trading at 1 p.m., and the bond market closes at 2 p.m.</p><p><blockquote><b>今天是黑色星期五</b>这是一年中最繁忙的购物日之一，也是假日购物季的传统开始。美国零售联合会估计，今年11月和12月，美国消费者的支出将达到创纪录的8510亿美元，比去年增长9.5%。美国交易所在感恩节后的第二天缩短了交易时段。纳斯达克和纽约证券交易所下午1点结束交易，债券市场下午2点收盘。</blockquote></p><p></p>","source":"lsy1601382232898","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>Best Buy, Zoom, Pinduoduo, Xpeng,Xiaomi,Meituan and Other Stocks for Investors to Watch This Week<blockquote>百思买、Zoom、拼多多、小鹏汽车、小米、美团-W等本周值得投资者关注的股票</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\">\nBest Buy, Zoom, Pinduoduo, Xpeng,Xiaomi,Meituan and Other Stocks for Investors to Watch This Week<blockquote>百思买、Zoom、拼多多、小鹏汽车、小米、美团-W等本周值得投资者关注的股票</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Barrons</strong><span class=\"h-time small\">2021-11-22 06:44</span>\n</p>\n</h4>\n</header>\n<article>\n<p>The tail end of third-quarter earnings season will bring more results from major retailers next week, just as shoppers prepare for Black Friday. On Tuesday, investors will get quarterly results from some of retail’s biggest names, including&nbsp;Best Buy,Burlington Stores,Dick’s Sporting Goods,Dollar Tree,and&nbsp;Gap.</p><p><blockquote>就在购物者为黑色星期五做准备之际，第三季度财报季的尾声将在下周带来更多主要零售商的业绩。周二，投资者将获得一些零售业巨头的季度业绩，包括百思买、伯灵顿商店、迪克体育用品、美元树和Gap。</blockquote></p><p> Friday will bring one of the busiest shopping days of the year and the traditional kick off for holiday shopping season. The National Retail Federation estimates that a record $851 billion will be spent by U.S. consumers this November and December, a 9.5% increase from last year.</p><p><blockquote>周五将是一年中最繁忙的购物日之一，也是假日购物季的传统开始。美国零售联合会估计，今年11月和12月，美国消费者的支出将达到创纪录的8510亿美元，比去年增长9.5%。</blockquote></p><p> Non-retail highlights on the earnings calendar next week include&nbsp;Zoom Video Communications on Monday,Xpeng,Xiaomi Corporation,Autodesk,Dell Technologies,and&nbsp;VMware&nbsp;on Tuesday, Deere&nbsp;on Wednesday&nbsp;and&nbsp;Pinduoduo,Meituan and RLX Technology&nbsp;on Friday.</p><p><blockquote>下周财报日历上的非零售亮点包括周一的Zoom Video通信、周二的小鹏汽车、小米公司、欧特克、戴尔科技和VMware、周三的Deere以及周五的拼多多、美团-W和RLX科技。</blockquote></p><p> The National Association of Realtors reports existing-home sales for October on Monday. The consensus estimate is for a seasonally adjusted annual rate of 6.19 million homes sold, 100,000 fewer than in September.</p><p><blockquote>全国房地产经纪人协会周一公布了10月份的现房销售情况。市场普遍估计，经季节调整后，房屋销售量为619万套，比9月份减少10万套。</blockquote></p><p> On Tuesday,IHS Markit&nbsp;releases both the manufacturing and services purchasing managers’ indexes for November. Expectations are for a 59.5 reading for the manufacturing PMI and 59 for the services PMI.</p><p><blockquote>周二，IHS Markit发布了11月份制造业和服务业采购经理人指数。预期制造业PMI为59.5，服务业PMI为59。</blockquote></p><p> On Wednesday, the Federal Open Market Committee releases minutes from its early-November monetary-policy meeting. The U.S. Census Bureau also releases the durable-goods report for October, while the U.S. Bureau of Economic Analysis reports personal income and spending for October.</p><p><blockquote>周三，联邦公开市场委员会公布了11月初货币政策会议纪要。美国人口普查局还发布10月份耐用品报告，而美国经济分析局则报告10月份个人收入和支出。</blockquote></p><p> U.S. bourses and fixed-income markets will be closed on Thursday for Thanksgiving. On Friday, the Nasdaq and New York Stock Exchange end trading at 1 p.m., while the bond market closes at 2 p.m.</p><p><blockquote>美国股市和固定收益市场将于周四因感恩节休市。周五，纳斯达克和纽约证券交易所下午1点结束交易，而债券市场下午2点收盘。</blockquote></p><p> Agilent Technologies,Keysight Technologies,and Zoom Video Communications release quarterly results.</p><p><blockquote>安捷伦科技、是德科技、Zoom Video通信发布季度业绩。</blockquote></p><p> <b>The National Association</b> of Realtors reports existing-home sales for October. The consensus estimate is for a seasonally adjusted annual rate of 6.19 million homes sold, 100,000 fewer than in September. Existing-home sales hit their post-financial-crisis peak at 6.73 million last October and have fallen for much of this year, partly due to supply constraints, especially at the lower-price end of the housing market.</p><p><blockquote><b>全国协会</b>房地产经纪人报告10月份现房销售情况。市场普遍估计，经季节调整后，房屋销售量为619万套，比9月份减少10万套。去年10月，成屋销量达到金融危机后的峰值673万套，今年大部分时间都在下降，部分原因是供应限制，尤其是在房地产市场的低端。</blockquote></p><p> Analog Devices,Autodesk, Best Buy, Burlington Stores, Dell Technologies, Dick’s Sporting Goods, Dollar Tree, Gap,HPInc.,J.M. Smucker, Jacobs Engineering Group,Medtronic,and VMware report earnings.</p><p><blockquote>ADI公司、欧特克公司、百思买公司、伯灵顿商店公司、戴尔技术公司、迪克体育用品公司、美元树公司、Gap公司、HPInc公司。，J.MSmucker、Jacobs Engineering Group、Medtronic和VMware报告收益。</blockquote></p><p> <b>IHS Markit releases</b> both the Manufacturing and Services Purchasing Managers’ indexes for November. Expectations are for a 59.5 reading for the Manufacturing PMI and 59 for the Services PMI. Both figures are slightly more than the October data. Both indexes are off their peaks from earlier this year, but higher than their levels from a year ago.</p><p><blockquote><b>IHS Markit发布</b>11月份制造业和服务业采购经理人指数。预期制造业PMI为59.5，服务业PMI为59。这两个数字都略高于10月份的数据。这两个指数都脱离了今年早些时候的峰值，但高于一年前的水平。</blockquote></p><p> <b>The BEA reports</b> its second estimate of third-quarter gross domestic product. Economists forecast a 2.2% annualized rate of growth, higher than the BEA’s preliminary estimate of 2% from late October.</p><p><blockquote><b>东亚银行报告</b>其对第三季度国内生产总值的第二次估计。经济学家预测年化增长率为2.2%，高于东亚银行10月底初步估计的2%。</blockquote></p><p> Deere reports fiscal fourth-quarter 2021 results.</p><p><blockquote>Deere公布2021财年第四季度业绩。</blockquote></p><p> <b>The Federal Open Market</b> Committee releases minutes from its early-November monetary-policy meeting.</p><p><blockquote><b>联邦公开市场</b>委员会发布11月初货币政策会议纪要。</blockquote></p><p> <b>The Census Bureau</b> releases the durable-goods report for October. Economists forecast a 0.2% month-over-month increase in new orders for manufactured durable goods, to $262 billion. Excluding transportation, new orders are seen rising 0.5%, matching the September gain.</p><p><blockquote><b>人口普查局</b>发布10月份耐用品报告。经济学家预测耐用品新订单环比增长0.2%，达到2620亿美元。不包括运输，新订单预计将增长0.5%，与9月份的增幅持平。</blockquote></p><p> <b>The BEA reports</b> personal income and spending for October. The consensus call is for a 0.4% monthly increase in income after a 1% decline in September. Personal spending is expected to rise 1%, month over month, a faster clip than September’s 0.6% gain.</p><p><blockquote><b>东亚银行报告</b>10月份个人收入和支出。看涨期权普遍认为，继9月份收入下降1%后，每月收入将增长0.4%。个人支出预计将环比增长1%，快于9月份0.6%的增幅。</blockquote></p><p> <b>U.S. bourses</b> and fixed-income markets are closed in observance of Thanksgiving.</p><p><blockquote><b>美国证券交易所</b>固定收益市场因感恩节休市。</blockquote></p><p> <b>It’s Black Friday</b>, one of the busiest shopping days of the year and the traditional kickoff to the holiday shopping season. The National Retail Federation estimates that a record $851 billion will be spent by U.S. consumers this November and December, a 9.5% increase from last year. U.S. exchanges have a shortened trading session on the day after Thanksgiving. The Nasdaq and New York Stock Exchange end trading at 1 p.m., and the bond market closes at 2 p.m.</p><p><blockquote><b>今天是黑色星期五</b>这是一年中最繁忙的购物日之一，也是假日购物季的传统开始。美国零售联合会估计，今年11月和12月，美国消费者的支出将达到创纪录的8510亿美元，比去年增长9.5%。美国交易所在感恩节后的第二天缩短了交易时段。纳斯达克和纽约证券交易所下午1点结束交易，债券市场下午2点收盘。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.barrons.com/articles/best-buy-zoom-dell-deere-and-other-stocks-for-investors-to-watch-this-week-51637524800?mod=hp_LEAD_3\">Barrons</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":{"ZM":"Zoom","DELL":"戴尔",".IXIC":"NASDAQ Composite","BBY":"百思买",".SPX":"S&P 500 Index","DE":"迪尔股份有限公司",".DJI":"道琼斯"},"source_url":"https://www.barrons.com/articles/best-buy-zoom-dell-deere-and-other-stocks-for-investors-to-watch-this-week-51637524800?mod=hp_LEAD_3","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1153786917","content_text":"The tail end of third-quarter earnings season will bring more results from major retailers next week, just as shoppers prepare for Black Friday. On Tuesday, investors will get quarterly results from some of retail’s biggest names, including Best Buy,Burlington Stores,Dick’s Sporting Goods,Dollar Tree,and Gap.\nFriday will bring one of the busiest shopping days of the year and the traditional kick off for holiday shopping season. The National Retail Federation estimates that a record $851 billion will be spent by U.S. consumers this November and December, a 9.5% increase from last year.\nNon-retail highlights on the earnings calendar next week include Zoom Video Communications on Monday,Xpeng,Xiaomi Corporation,Autodesk,Dell Technologies,and VMware on Tuesday, Deere on Wednesday and Pinduoduo,Meituan and RLX Technology on Friday.\nThe National Association of Realtors reports existing-home sales for October on Monday. The consensus estimate is for a seasonally adjusted annual rate of 6.19 million homes sold, 100,000 fewer than in September.\nOn Tuesday,IHS Markit releases both the manufacturing and services purchasing managers’ indexes for November. Expectations are for a 59.5 reading for the manufacturing PMI and 59 for the services PMI.\nOn Wednesday, the Federal Open Market Committee releases minutes from its early-November monetary-policy meeting. The U.S. Census Bureau also releases the durable-goods report for October, while the U.S. Bureau of Economic Analysis reports personal income and spending for October.\nU.S. bourses and fixed-income markets will be closed on Thursday for Thanksgiving. On Friday, the Nasdaq and New York Stock Exchange end trading at 1 p.m., while the bond market closes at 2 p.m.\nAgilent Technologies,Keysight Technologies,and Zoom Video Communications release quarterly results.\nThe National Association of Realtors reports existing-home sales for October. The consensus estimate is for a seasonally adjusted annual rate of 6.19 million homes sold, 100,000 fewer than in September. Existing-home sales hit their post-financial-crisis peak at 6.73 million last October and have fallen for much of this year, partly due to supply constraints, especially at the lower-price end of the housing market.\nAnalog Devices,Autodesk, Best Buy, Burlington Stores, Dell Technologies, Dick’s Sporting Goods, Dollar Tree, Gap,HPInc.,J.M. Smucker, Jacobs Engineering Group,Medtronic,and VMware report earnings.\nIHS Markit releases both the Manufacturing and Services Purchasing Managers’ indexes for November. Expectations are for a 59.5 reading for the Manufacturing PMI and 59 for the Services PMI. Both figures are slightly more than the October data. Both indexes are off their peaks from earlier this year, but higher than their levels from a year ago.\nThe BEA reports its second estimate of third-quarter gross domestic product. Economists forecast a 2.2% annualized rate of growth, higher than the BEA’s preliminary estimate of 2% from late October.\nDeere reports fiscal fourth-quarter 2021 results.\nThe Federal Open Market Committee releases minutes from its early-November monetary-policy meeting.\nThe Census Bureau releases the durable-goods report for October. Economists forecast a 0.2% month-over-month increase in new orders for manufactured durable goods, to $262 billion. Excluding transportation, new orders are seen rising 0.5%, matching the September gain.\nThe BEA reports personal income and spending for October. The consensus call is for a 0.4% monthly increase in income after a 1% decline in September. Personal spending is expected to rise 1%, month over month, a faster clip than September’s 0.6% gain.\nU.S. bourses and fixed-income markets are closed in observance of Thanksgiving.\nIt’s Black Friday, one of the busiest shopping days of the year and the traditional kickoff to the holiday shopping season. The National Retail Federation estimates that a record $851 billion will be spent by U.S. consumers this November and December, a 9.5% increase from last year. U.S. exchanges have a shortened trading session on the day after Thanksgiving. The Nasdaq and New York Stock Exchange end trading at 1 p.m., and the bond market closes at 2 p.m.","news_type":1,"symbols_score_info":{"ZM":0.9,"DELL":0.9,"BBY":0.9,".SPX":0.9,"DE":0.9,".DJI":0.9,".IXIC":0.9}},"isVote":1,"tweetType":1,"viewCount":3883,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":872459382,"gmtCreate":1637564263996,"gmtModify":1637564264128,"author":{"id":"3559297454639767","authorId":"3559297454639767","name":"MJ2317","avatar":"https://static.tigerbbs.com/e630b11b8aefdaa3f6d659668006e6c9","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3559297454639767","authorIdStr":"3559297454639767"},"themes":[],"title":"","htmlText":"Ok&nbsp;","listText":"Ok&nbsp;","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/872459382","repostId":"1142428650","repostType":4,"isVote":1,"tweetType":1,"viewCount":3773,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":872450457,"gmtCreate":1637564202323,"gmtModify":1637564202429,"author":{"id":"3559297454639767","authorId":"3559297454639767","name":"MJ2317","avatar":"https://static.tigerbbs.com/e630b11b8aefdaa3f6d659668006e6c9","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3559297454639767","authorIdStr":"3559297454639767"},"themes":[],"title":"","htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/872450457","repostId":"1114542201","repostType":4,"repost":{"id":"1114542201","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1637335740,"share":"https://www.laohu8.com/m/news/1114542201?lang=zh_CN&edition=full","pubTime":"2021-11-19 23:29","market":"us","language":"en","title":"Boeing Dreamliner Defects Bog Down Production<blockquote>波音梦想飞机缺陷导致生产陷入困境</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1114542201","media":"Tiger Newspress","summary":"Boeing stock dropped 4% in morning trading as Boeing Dreamliner defected bog down production.\n\nBoein","content":"<p>Boeing stock dropped 4% in morning trading&nbsp;as&nbsp;Boeing Dreamliner defected bog down production.</p><p><blockquote>由于波音梦想飞机的叛逃导致生产陷入困境，波音股价在早盘交易中下跌4%。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/3c6c1e62a6a6a253da601f54af830508\" tg-width=\"840\" tg-height=\"470\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p> Boeing&nbsp;Co.&nbsp;has further slowed production of 787 Dreamliners as&nbsp;it addresses defects&nbsp;that&nbsp;are delaying deliveries of new jets&nbsp;and complicating airlines’ plans, people familiar with the matter said.</p><p><blockquote>知情人士称，波音公司进一步放缓了787梦想飞机的生产，以解决导致新飞机交付延迟并使航空公司计划复杂化的缺陷。</blockquote></p><p> The plane maker is holding off completing the new wide-body jets at its North Charleston, S.C., factory as workers and engineers address problems related to areas surrounding passenger and cargo doors on aircraft already under construction, these people said.</p><p><blockquote>这些人士说，这家飞机制造商正在推迟在南卡罗来纳州北查尔斯顿工厂完成新的宽体喷气式飞机，因为工人和工程师正在解决与已经在建造的飞机上乘客和货舱门周围区域相关的问题。</blockquote></p><p> The latest production slowdown began in recent days and could last a few weeks as Boeing seeks expertise from other aerospace manufacturers in addressing the door issue, some of these people said. In late October, Boeing disclosed it was producing about two Dreamliners a month, down from a planned monthly rate of five,to resolve production issues.</p><p><blockquote>其中一些人表示，最近一次生产放缓是在最近几天开始的，可能会持续几周，因为波音公司正在向其他航空航天制造商寻求解决门问题的专业知识。10月下旬，波音公司透露，为了解决生产问题，每月生产约两架梦想飞机，低于计划的每月五架。</blockquote></p><p> A string of production snafus has hampered Boeing’s ability to deliver new Dreamliners for much of the last year, fueling the manufacturer’s financial losses and making it difficult for airlines to build schedules for jets often used in international travel. The plane maker has faced increased scrutiny internally, by air-safety regulators and lawmakers after two of its 737 MAX jets crashed in 2018 and 2019, claiming 346 lives.</p><p><blockquote>去年的大部分时间里，一系列生产混乱阻碍了波音公司交付新梦想飞机的能力，加剧了制造商的财务损失，并使航空公司难以为经常用于国际旅行的喷气式飞机制定时刻表。在2018年和2019年两架737 MAX喷气式飞机坠毁、造成346人死亡后，这家飞机制造商在内部面临着航空安全监管机构和立法者更严格的审查。</blockquote></p><p> A Boeing spokeswoman said work continues at its Dreamliner factory and production “rates will continue to be dynamic” as the manufacturer focuses on resuming normal assembly, performs inspections and repairs finished aircraft awaiting delivery.</p><p><blockquote>波音发言人表示，其梦想飞机工厂的工作仍在继续，随着制造商专注于恢复正常组装、进行检查和维修等待交付的成品飞机，生产率“将继续保持动态”。</blockquote></p><p> Boeing is increasingly likely to restart handing over new Dreamliners to its customers in February or March at the earliest, longer than previously anticipated, people familiar with the matter said.</p><p><blockquote>知情人士称，波音越来越有可能最早在2月或3月重新开始向客户交付新的梦想飞机，时间比之前预期的要长。</blockquote></p><p> The company has been seeking Federal Aviation Administration approval for its proposed pre-delivery inspections to ensure new aircraft meet federal rules and match Boeing’s regulator-approved designs. An FAA spokesman said the agency won’t sign off on inspections until its safety experts are satisfied.</p><p><blockquote>该公司一直在寻求联邦航空管理局批准其拟议的交付前检查，以确保新飞机符合联邦规则并符合波音监管机构批准的设计。美国联邦航空局发言人表示，在安全专家满意之前，该机构不会批准检查。</blockquote></p><p> “This is a case of us looking at every single aspect of design and manufacturing with the airplane, making sure that we’re complying, we’re conforming to the design and we will bring that airplane back as soon as that makes sense,” Ihssane Mounir, Boeing’s commercial sales chief, said Nov. 13 at an air show in Dubai.</p><p><blockquote>“在这个案例中，我们审视了飞机设计和制造的每一个方面，确保我们符合，我们符合设计，我们将尽快将飞机带回来，”波音商业销售主管Ihssane Mounir 11月13日在迪拜举行的航展上表示。</blockquote></p><p> In an Oct. 27 call with analysts, Chief Executive David Calhoun said&nbsp;defective titanium parts&nbsp;were the “long pole in the tent” among remaining production problems to address.</p><p><blockquote>在10月27日与分析师举行的看涨期权上，首席执行官David Calhoun表示，在剩余需要解决的生产问题中，有缺陷的钛零件是“帐篷里的长杆”。</blockquote></p><p> The door issue has since emerged as the most vexing among Boeing’s 787 problems, people familiar with the matter said. Other defects being addressed are related to items such as certain aluminum parts and windows, some of these people said. Boeing&nbsp;has largely been dealing with tiny gaps&nbsp;where sections of the aircraft join together. Such gaps could lead to premature fatigue that may require repairs sooner than anticipated.</p><p><blockquote>知情人士称，门问题已成为波音787问题中最令人烦恼的问题。其中一些人表示，正在解决的其他缺陷与某些铝制部件和窗户等物品有关。波音公司在很大程度上一直在处理飞机各部分连接在一起的微小间隙。这种间隙可能导致过早疲劳，可能需要比预期更快地修复。</blockquote></p><p> The Boeing spokeswoman said the company is confident its approach would lead to stability in its 787 production. “We are taking the time needed to ensure the highest levels of quality,” she said.</p><p><blockquote>波音发言人表示，该公司相信其方法将导致787生产的稳定。“我们正在花时间确保最高水平的质量，”她说。</blockquote></p><p> None of the defects being addressed pose immediate safety concerns with Dreamliners currently flying, the Boeing spokeswoman said.</p><p><blockquote>波音发言人表示，正在解决的缺陷都不会对目前飞行的梦想飞机造成直接的安全问题。</blockquote></p><p> With deliveries largely halted since October 2020, the Chicago-based aerospace giant said it had built up an inventory of 105 Dreamliners as of the end of the third quarter this year, according to securities filings. The undelivered jets are worth more than $25 billion.</p><p><blockquote>证券备案文件显示，自2020年10月以来，交付基本停止，这家总部位于芝加哥的航空航天巨头表示，截至今年第三季度末，该公司已建立了105架梦想飞机的库存。未交付的飞机价值超过250亿美元。</blockquote></p><p> The delivery halt has choked off an important source of cash flow for Boeing as it emerges from the coronavirus pandemic’s blow to aircraft demand. It is also complicating airlines’ plans as international travel rebounds. Dreamliners are Boeing’s flagship wide-body jets and are often used on long-haul flights.</p><p><blockquote>由于新冠病毒大流行对飞机需求的打击，波音公司的一个重要现金流来源被切断了。随着国际旅行的反弹，这也使航空公司的计划变得更加复杂。梦想飞机是波音公司的旗舰宽体喷气式飞机，经常用于长途飞行。</blockquote></p><p> American Airlines Group&nbsp;Inc.&nbsp;said it had trimmed its flying plans due to the delayed arrival of its new 787s.</p><p><blockquote>美国航空集团公司表示，由于新型787飞机延迟抵达，该公司已削减飞行计划。</blockquote></p><p> “Due to the continued uncertainty in the delivery schedule, we have proactively removed these aircraft from our winter schedule to minimize potential passenger disruption,” Derek Kerr, the airline’s finance chief, said on an Oct. 21 earnings call.</p><p><blockquote>该航空公司财务主管Derek Kerr在10月21日的财报看涨期权上表示：“由于交付计划持续存在不确定性，我们已主动将这些飞机从冬季计划中删除，以尽量减少潜在的乘客干扰。”</blockquote></p><p> The FAA launched a broad review of Boeing’s Dreamliner production in late 2020.</p><p><blockquote>美国联邦航空局于2020年底启动了对波音梦想飞机生产的广泛审查。</blockquote></p><p> On Thursday, Democratic and Republican leaders of the U.S. House Transportation Committee and its aviation subcommittee requested that the Department of Transportation’s inspector general review the FAA’s manufacturing oversight and “the effectiveness of the FAA’s actions to resolve 787 production issues,” according to a letter reviewed by The Wall Street Journal.</p><p><blockquote>根据《华尔街日报》查阅的一封信，周四，美国众议院运输委员会及其航空小组委员会的民主党和共和党领导人要求交通部监察长审查FAA的制造监督以及“FAA解决787生产问题行动的有效性”。</blockquote></p><p></p><p> Representatives of the DOT’s inspector general’s office didn’t immediately respond to requests for comment.</p><p><blockquote>交通部监察长办公室的代表没有立即回应置评请求。</blockquote></p><p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; 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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: 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\">\nBoeing Dreamliner Defects Bog Down Production<blockquote>波音梦想飞机缺陷导致生产陷入困境</blockquote>\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time smaller\">2021-11-19 23:29</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>Boeing stock dropped 4% in morning trading&nbsp;as&nbsp;Boeing Dreamliner defected bog down production.</p><p><blockquote>由于波音梦想飞机的叛逃导致生产陷入困境，波音股价在早盘交易中下跌4%。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/3c6c1e62a6a6a253da601f54af830508\" tg-width=\"840\" tg-height=\"470\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p> Boeing&nbsp;Co.&nbsp;has further slowed production of 787 Dreamliners as&nbsp;it addresses defects&nbsp;that&nbsp;are delaying deliveries of new jets&nbsp;and complicating airlines’ plans, people familiar with the matter said.</p><p><blockquote>知情人士称，波音公司进一步放缓了787梦想飞机的生产，以解决导致新飞机交付延迟并使航空公司计划复杂化的缺陷。</blockquote></p><p> The plane maker is holding off completing the new wide-body jets at its North Charleston, S.C., factory as workers and engineers address problems related to areas surrounding passenger and cargo doors on aircraft already under construction, these people said.</p><p><blockquote>这些人士说，这家飞机制造商正在推迟在南卡罗来纳州北查尔斯顿工厂完成新的宽体喷气式飞机，因为工人和工程师正在解决与已经在建造的飞机上乘客和货舱门周围区域相关的问题。</blockquote></p><p> The latest production slowdown began in recent days and could last a few weeks as Boeing seeks expertise from other aerospace manufacturers in addressing the door issue, some of these people said. In late October, Boeing disclosed it was producing about two Dreamliners a month, down from a planned monthly rate of five,to resolve production issues.</p><p><blockquote>其中一些人表示，最近一次生产放缓是在最近几天开始的，可能会持续几周，因为波音公司正在向其他航空航天制造商寻求解决门问题的专业知识。10月下旬，波音公司透露，为了解决生产问题，每月生产约两架梦想飞机，低于计划的每月五架。</blockquote></p><p> A string of production snafus has hampered Boeing’s ability to deliver new Dreamliners for much of the last year, fueling the manufacturer’s financial losses and making it difficult for airlines to build schedules for jets often used in international travel. The plane maker has faced increased scrutiny internally, by air-safety regulators and lawmakers after two of its 737 MAX jets crashed in 2018 and 2019, claiming 346 lives.</p><p><blockquote>去年的大部分时间里，一系列生产混乱阻碍了波音公司交付新梦想飞机的能力，加剧了制造商的财务损失，并使航空公司难以为经常用于国际旅行的喷气式飞机制定时刻表。在2018年和2019年两架737 MAX喷气式飞机坠毁、造成346人死亡后，这家飞机制造商在内部面临着航空安全监管机构和立法者更严格的审查。</blockquote></p><p> A Boeing spokeswoman said work continues at its Dreamliner factory and production “rates will continue to be dynamic” as the manufacturer focuses on resuming normal assembly, performs inspections and repairs finished aircraft awaiting delivery.</p><p><blockquote>波音发言人表示，其梦想飞机工厂的工作仍在继续，随着制造商专注于恢复正常组装、进行检查和维修等待交付的成品飞机，生产率“将继续保持动态”。</blockquote></p><p> Boeing is increasingly likely to restart handing over new Dreamliners to its customers in February or March at the earliest, longer than previously anticipated, people familiar with the matter said.</p><p><blockquote>知情人士称，波音越来越有可能最早在2月或3月重新开始向客户交付新的梦想飞机，时间比之前预期的要长。</blockquote></p><p> The company has been seeking Federal Aviation Administration approval for its proposed pre-delivery inspections to ensure new aircraft meet federal rules and match Boeing’s regulator-approved designs. An FAA spokesman said the agency won’t sign off on inspections until its safety experts are satisfied.</p><p><blockquote>该公司一直在寻求联邦航空管理局批准其拟议的交付前检查，以确保新飞机符合联邦规则并符合波音监管机构批准的设计。美国联邦航空局发言人表示，在安全专家满意之前，该机构不会批准检查。</blockquote></p><p> “This is a case of us looking at every single aspect of design and manufacturing with the airplane, making sure that we’re complying, we’re conforming to the design and we will bring that airplane back as soon as that makes sense,” Ihssane Mounir, Boeing’s commercial sales chief, said Nov. 13 at an air show in Dubai.</p><p><blockquote>“在这个案例中，我们审视了飞机设计和制造的每一个方面，确保我们符合，我们符合设计，我们将尽快将飞机带回来，”波音商业销售主管Ihssane Mounir 11月13日在迪拜举行的航展上表示。</blockquote></p><p> In an Oct. 27 call with analysts, Chief Executive David Calhoun said&nbsp;defective titanium parts&nbsp;were the “long pole in the tent” among remaining production problems to address.</p><p><blockquote>在10月27日与分析师举行的看涨期权上，首席执行官David Calhoun表示，在剩余需要解决的生产问题中，有缺陷的钛零件是“帐篷里的长杆”。</blockquote></p><p> The door issue has since emerged as the most vexing among Boeing’s 787 problems, people familiar with the matter said. Other defects being addressed are related to items such as certain aluminum parts and windows, some of these people said. Boeing&nbsp;has largely been dealing with tiny gaps&nbsp;where sections of the aircraft join together. Such gaps could lead to premature fatigue that may require repairs sooner than anticipated.</p><p><blockquote>知情人士称，门问题已成为波音787问题中最令人烦恼的问题。其中一些人表示，正在解决的其他缺陷与某些铝制部件和窗户等物品有关。波音公司在很大程度上一直在处理飞机各部分连接在一起的微小间隙。这种间隙可能导致过早疲劳，可能需要比预期更快地修复。</blockquote></p><p> The Boeing spokeswoman said the company is confident its approach would lead to stability in its 787 production. “We are taking the time needed to ensure the highest levels of quality,” she said.</p><p><blockquote>波音发言人表示，该公司相信其方法将导致787生产的稳定。“我们正在花时间确保最高水平的质量，”她说。</blockquote></p><p> None of the defects being addressed pose immediate safety concerns with Dreamliners currently flying, the Boeing spokeswoman said.</p><p><blockquote>波音发言人表示，正在解决的缺陷都不会对目前飞行的梦想飞机造成直接的安全问题。</blockquote></p><p> With deliveries largely halted since October 2020, the Chicago-based aerospace giant said it had built up an inventory of 105 Dreamliners as of the end of the third quarter this year, according to securities filings. The undelivered jets are worth more than $25 billion.</p><p><blockquote>证券备案文件显示，自2020年10月以来，交付基本停止，这家总部位于芝加哥的航空航天巨头表示，截至今年第三季度末，该公司已建立了105架梦想飞机的库存。未交付的飞机价值超过250亿美元。</blockquote></p><p> The delivery halt has choked off an important source of cash flow for Boeing as it emerges from the coronavirus pandemic’s blow to aircraft demand. It is also complicating airlines’ plans as international travel rebounds. Dreamliners are Boeing’s flagship wide-body jets and are often used on long-haul flights.</p><p><blockquote>由于新冠病毒大流行对飞机需求的打击，波音公司的一个重要现金流来源被切断了。随着国际旅行的反弹，这也使航空公司的计划变得更加复杂。梦想飞机是波音公司的旗舰宽体喷气式飞机，经常用于长途飞行。</blockquote></p><p> American Airlines Group&nbsp;Inc.&nbsp;said it had trimmed its flying plans due to the delayed arrival of its new 787s.</p><p><blockquote>美国航空集团公司表示，由于新型787飞机延迟抵达，该公司已削减飞行计划。</blockquote></p><p> “Due to the continued uncertainty in the delivery schedule, we have proactively removed these aircraft from our winter schedule to minimize potential passenger disruption,” Derek Kerr, the airline’s finance chief, said on an Oct. 21 earnings call.</p><p><blockquote>该航空公司财务主管Derek Kerr在10月21日的财报看涨期权上表示：“由于交付计划持续存在不确定性，我们已主动将这些飞机从冬季计划中删除，以尽量减少潜在的乘客干扰。”</blockquote></p><p> The FAA launched a broad review of Boeing’s Dreamliner production in late 2020.</p><p><blockquote>美国联邦航空局于2020年底启动了对波音梦想飞机生产的广泛审查。</blockquote></p><p> On Thursday, Democratic and Republican leaders of the U.S. House Transportation Committee and its aviation subcommittee requested that the Department of Transportation’s inspector general review the FAA’s manufacturing oversight and “the effectiveness of the FAA’s actions to resolve 787 production issues,” according to a letter reviewed by The Wall Street Journal.</p><p><blockquote>根据《华尔街日报》查阅的一封信，周四，美国众议院运输委员会及其航空小组委员会的民主党和共和党领导人要求交通部监察长审查FAA的制造监督以及“FAA解决787生产问题行动的有效性”。</blockquote></p><p></p><p> Representatives of the DOT’s inspector general’s office didn’t immediately respond to requests for comment.</p><p><blockquote>交通部监察长办公室的代表没有立即回应置评请求。</blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BA":"波音"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1114542201","content_text":"Boeing stock dropped 4% in morning trading as Boeing Dreamliner defected bog down production.\n\nBoeing Co. has further slowed production of 787 Dreamliners as it addresses defects that are delaying deliveries of new jets and complicating airlines’ plans, people familiar with the matter said.\nThe plane maker is holding off completing the new wide-body jets at its North Charleston, S.C., factory as workers and engineers address problems related to areas surrounding passenger and cargo doors on aircraft already under construction, these people said.\nThe latest production slowdown began in recent days and could last a few weeks as Boeing seeks expertise from other aerospace manufacturers in addressing the door issue, some of these people said. In late October, Boeing disclosed it was producing about two Dreamliners a month, down from a planned monthly rate of five,to resolve production issues.\nA string of production snafus has hampered Boeing’s ability to deliver new Dreamliners for much of the last year, fueling the manufacturer’s financial losses and making it difficult for airlines to build schedules for jets often used in international travel. The plane maker has faced increased scrutiny internally, by air-safety regulators and lawmakers after two of its 737 MAX jets crashed in 2018 and 2019, claiming 346 lives.\nA Boeing spokeswoman said work continues at its Dreamliner factory and production “rates will continue to be dynamic” as the manufacturer focuses on resuming normal assembly, performs inspections and repairs finished aircraft awaiting delivery.\nBoeing is increasingly likely to restart handing over new Dreamliners to its customers in February or March at the earliest, longer than previously anticipated, people familiar with the matter said.\nThe company has been seeking Federal Aviation Administration approval for its proposed pre-delivery inspections to ensure new aircraft meet federal rules and match Boeing’s regulator-approved designs. An FAA spokesman said the agency won’t sign off on inspections until its safety experts are satisfied.\n“This is a case of us looking at every single aspect of design and manufacturing with the airplane, making sure that we’re complying, we’re conforming to the design and we will bring that airplane back as soon as that makes sense,” Ihssane Mounir, Boeing’s commercial sales chief, said Nov. 13 at an air show in Dubai.\nIn an Oct. 27 call with analysts, Chief Executive David Calhoun said defective titanium parts were the “long pole in the tent” among remaining production problems to address.\nThe door issue has since emerged as the most vexing among Boeing’s 787 problems, people familiar with the matter said. Other defects being addressed are related to items such as certain aluminum parts and windows, some of these people said. Boeing has largely been dealing with tiny gaps where sections of the aircraft join together. Such gaps could lead to premature fatigue that may require repairs sooner than anticipated.\nThe Boeing spokeswoman said the company is confident its approach would lead to stability in its 787 production. “We are taking the time needed to ensure the highest levels of quality,” she said.\nNone of the defects being addressed pose immediate safety concerns with Dreamliners currently flying, the Boeing spokeswoman said.\nWith deliveries largely halted since October 2020, the Chicago-based aerospace giant said it had built up an inventory of 105 Dreamliners as of the end of the third quarter this year, according to securities filings. The undelivered jets are worth more than $25 billion.\nThe delivery halt has choked off an important source of cash flow for Boeing as it emerges from the coronavirus pandemic’s blow to aircraft demand. It is also complicating airlines’ plans as international travel rebounds. Dreamliners are Boeing’s flagship wide-body jets and are often used on long-haul flights.\nAmerican Airlines Group Inc. said it had trimmed its flying plans due to the delayed arrival of its new 787s.\n“Due to the continued uncertainty in the delivery schedule, we have proactively removed these aircraft from our winter schedule to minimize potential passenger disruption,” Derek Kerr, the airline’s finance chief, said on an Oct. 21 earnings call.\nThe FAA launched a broad review of Boeing’s Dreamliner production in late 2020.\nOn Thursday, Democratic and Republican leaders of the U.S. House Transportation Committee and its aviation subcommittee requested that the Department of Transportation’s inspector general review the FAA’s manufacturing oversight and “the effectiveness of the FAA’s actions to resolve 787 production issues,” according to a letter reviewed by The Wall Street Journal.\nRepresentatives of the DOT’s inspector general’s office didn’t immediately respond to requests for comment.","news_type":1,"symbols_score_info":{"BA":0.9}},"isVote":1,"tweetType":1,"viewCount":2303,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":872450876,"gmtCreate":1637564117233,"gmtModify":1637564117337,"author":{"id":"3559297454639767","authorId":"3559297454639767","name":"MJ2317","avatar":"https://static.tigerbbs.com/e630b11b8aefdaa3f6d659668006e6c9","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3559297454639767","authorIdStr":"3559297454639767"},"themes":[],"title":"","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/872450876","repostId":"1199324282","repostType":4,"repost":{"id":"1199324282","kind":"news","pubTimestamp":1637563153,"share":"https://www.laohu8.com/m/news/1199324282?lang=zh_CN&edition=full","pubTime":"2021-11-22 14:39","market":"us","language":"en","title":"We're in a 'Kids Market,' so Don't Give up on Value Strategies<blockquote>我们处于“儿童市场”，所以不要放弃价值策略</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1199324282","media":"Thestreet","summary":"Here’s yet another sign that the bull market is getting long in the tooth: “Older” and “wiser” inves","content":"<p>Here’s yet another sign that the bull market is getting long in the tooth: “Older” and “wiser” investors are being dismissed as hopelessly old-fashioned, while those young enough to have never experienced a major bear market are making a killing.</p><p><blockquote>这是牛市正在持续很长时间的另一个迹象：“年长”和“聪明”的投资者被认为是无可救药的守旧派，而那些足够年轻、从未经历过重大熊市的投资者却大赚一笔。</blockquote></p><p> There is no shortage of examples, but a perfect illustration is&nbsp;a comment attributed to David Portnoy in the summer of 2020. Portnoy, of course, is the internet celebrity and founder of Barstool Sports. After reportedly producing a day-trading profit of close to $5 million in just two months’ time, he said:“I’m sure Warren Buffett is a great guy but when it comes to stocks he is washed up<i>.</i>”</p><p><blockquote>例子并不缺乏，但一个完美的例证是2020年夏天大卫·波特诺伊的评论。波特诺伊当然是网红，Barstool Sports的创始人。据报道，他在短短两个月内就获得了近500万美元的日内交易利润，他说：“我确信沃伦·巴菲特是一个伟大的人，但当谈到股票时，他就被冲昏了头脑<i>.</i>”</blockquote></p><p> I need not remind you that Buffett, widely considered the most successful long-term investor alive today, is 91 years old.</p><p><blockquote>我不需要提醒你，被广泛认为是当今最成功的长期投资者的巴菲特已经91岁了。</blockquote></p><p> This attitude towards our elders reminds me of what Adam Smith, the pseudonymous author of the classic book in the late 1960s titled “The Money Game,” called a “kids’ market.” He was referring to speculative periods in which the investors making the most money are too young to remember prior major bear markets.</p><p><blockquote>这种对待长辈的态度让我想起了亚当·斯密（Adam Smith），他是20世纪60年代末经典著作《金钱游戏》（The Money Game）的笔名作者，他所说的“儿童市场”。他指的是投机时期，在这个时期，赚最多钱的投资者太年轻，不记得之前的主要熊市。</blockquote></p><p> To illustrate, Smith introduced readers to a Wall Street manager who went by the name The Great Winfield, who only hired traders who were in their 20s: “The strength of my kids is that they are too young to remember anything bad, and they are making so much money that they feel invincible,” Winfield was quoted as saying. “Now you know and I know that one day the orchestra will stop playing and the wind will rattle through the broken window panes, and the anticipation of this freezes [the rest of] us” who are old enough to remember.</p><p><blockquote>为了说明这一点，史密斯向读者介绍了一位名叫“伟大的温菲尔德”的华尔街经理，他只雇佣20多岁的交易员：“我的孩子们的优势在于，他们太小了，不记得任何不好的事情，而且他们赚了很多钱，他们觉得自己是不可战胜的，”温菲尔德说。“现在你知道，我也知道，有一天管弦乐队将停止演奏，风将穿过破碎的窗玻璃发出嘎嘎声，对此的期待冻结了我们（其他人）”，他们已经足够大，可以记住。</blockquote></p><p> (For the record, I should stress that Portnoy is in his 40s, not his 20s. But his attitude is paradigmatic of what Smith had in mind.)</p><p><blockquote>（为了记录在案，我应该强调波特诺伊已经40多岁了，而不是20多岁。但他的态度是史密斯想法的典范。）</blockquote></p><p> Smith referred to the stocks that the “kids” were buying as “swinger stocks,” which at the time he wrote his book had names like “data processing” or “computer” in their names. Today the swingers are securities such as Tesla&nbsp;(<b>TSLA</b>), bitcoin, GameStop&nbsp;(<b>GME</b>), AMC Entertainment&nbsp;(<b>AMC</b>), Inc. Class A Report&nbsp;and other meme stocks. But the underlying pattern is the same.</p><p><blockquote>史密斯将“孩子们”购买的股票称为“换妻股票”，在他写书的时候，这些股票的名字中有“数据处理”或“计算机”等名称。如今，摇摆者是特斯拉等证券（<b>特斯拉</b>)、比特币、游戏驿站(<b>GME</b>)、AMC院线(<b>AMC</b>），Inc.A类报告和其他模因股票。但潜在的模式是相同的。</blockquote></p><p> As Smith recounted it, Winfield ridiculed at an older manager who raised doubts about “swinger” stocks. “Look at the skepticism on the face of this dirty old man… Look at him, framing questions about depreciation” and the like. “You can’t make any money with questions like that… Memory can get in the way of such a jolly market.”</p><p><blockquote>正如史密斯所叙述的那样，温菲尔德嘲笑了一位对“摇摆人”股票提出质疑的年长经理。“看看这个肮脏的老人脸上的怀疑……看看他，框定了关于折旧的问题”之类的。“你不能用这样的问题赚钱……记忆会妨碍这样一个快乐的市场。”</blockquote></p><p> Growth vs. Value</p><p><blockquote>增长与价值</blockquote></p><p> Nowhere on Wall Street is the Kids’ Market more obvious than in the contrast between, on the one hand, the headline-grabbing returns of high-flying growth stocks and, on the other, the market-lagging performance of value stocks. Value stocks tend to be favored by more seasoned investors, those who have lived through a prior major bear market.</p><p><blockquote>在华尔街，没有什么地方比高速增长的成长型股票引人注目的回报与价值型股票落后于市场的表现之间的对比更明显了。价值股往往受到经验丰富的投资者（那些经历过之前重大熊市的投资者）的青睐。</blockquote></p><p> As is widely known, value stocks have suffered mightily in recent years, in contrast to its record over the previous century in which they came out well ahead. And their market-lagging returns are exacting a toll on the editors of value-oriented newsletters. Their performances have suffered so much that some have thrown in the towel and stopped publishing altogether, and others are seriously considering it.</p><p><blockquote>众所周知，价值股近年来遭受重创，与上个世纪遥遥领先的记录形成鲜明对比。它们落后于市场的回报给以价值为导向的时事通讯的编辑带来了损失。他们的表演遭受了如此大的损失，以至于一些人已经认输并完全停止出版，另一些人正在认真考虑。</blockquote></p><p> A consistent theme emerges in my conversations with some of these editors: Investors in recent years have stopped wanting to pay for advice. Why should they when the market is skyrocketing and on Reddit you can get free advice about the latest meme stocks on whose bandwagon we should jump?</p><p><blockquote>在我与其中一些编辑的对话中，出现了一个一致的主题：近年来，投资者不再愿意为建议付费。当市场飙升并且在Reddit上您可以获得有关我们应该追随谁的最新迷因股票的免费建议时，他们为什么要这样做呢？</blockquote></p><p> The answer, of course, is that advice becomes most worthwhile when the market is struggling. When the market is soaring, everyone looks like a genius. This is the source of the age-old wisdom that we shouldn’t confuse brains with a bull market.</p><p><blockquote>当然，答案是，当市场陷入困境时，建议变得最有价值。当市场飙升时，每个人看起来都像是天才。这是我们不应该将大脑与牛市混淆的古老智慧的来源。</blockquote></p><p> For an historical perspective, it’s instructive to compare the market-lagging performance of value advisers in recent years with their market-beating returns after the internet bubble burst in early 2000. The bursting of that bubble, of course, represented the end of the last significant period in which value had lagged growth.</p><p><blockquote>从历史的角度来看，将价值顾问近年来落后于市场的表现与2000年初互联网泡沫破裂后跑赢市场的回报进行比较是有启发性的。当然，泡沫的破裂标志着价值落后于增长的最后一个重要时期的结束。</blockquote></p><p> To conduct this comparison, I focused on those newsletters in the Hulbert Financial Digest’s performance database that are closest to the value end of the spectrum.</p><p><blockquote>为了进行这种比较，我重点关注了《赫伯特金融文摘》绩效数据库中最接近价值端的时事通讯。</blockquote></p><p> I did this by measuring the extent of each newsletter’s correlation with thevalue stock index created by University of Chicago finance professor (and Nobel laureate) Eugene Fama and Dartmouth professor Ken French. Eight newsletters were correlated to a statistically significant degree.</p><p><blockquote>我通过测量每份时事通讯与芝加哥大学金融学教授（诺贝尔奖获得者）尤金·法玛和达特茅斯大学教授肯·弗伦奇创建的价值股票指数的相关性来做到这一点。八份时事通讯在统计学上有显著的相关性。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/3d433a215ec4fa806a3982f9083946c5\" tg-width=\"1200\" tg-height=\"628\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"></p><p><blockquote></blockquote></p><p></p><p> The accompanying chart plots these newsletters’ average returns. As you can see, these eight newsletters over the past five years not surprisingly lagged the S&amp;P 500 on a total return basis by 4.3 annualized percentage points. Yet in the 2000-2002 bear market that occurred in the wake of the bursting of the internet bubble, these eight newsletters actually made money (1.1% annualized) while the S&amp;P 500 was producing an annualized loss of 20.7%.</p><p><blockquote>附图绘制了这些时事通讯的平均回报。正如您所看到的，过去五年中这八份时事通讯的年化总回报率落后标普500 4.3个百分点，这并不奇怪。然而，在互联网泡沫破裂后的2000-2002年熊市中，这八份时事通讯实际上赚了钱（年化1.1%），而标普500的年化亏损为20.7%。</blockquote></p><p> It’s impossible to know whether value stock strategies in general, and value-oriented newsletters in particular, will outperform growth stocks by similar margins in the next bear market. But I wouldn’t be surprised. Growth stocks currently are priced on the assumption that their growth will continue more or less indefinitely. A recession, which inevitably will happen sooner or later, will remind all of us that this assumption is dangerously wrong.</p><p><blockquote>不可能知道总体价值股票策略，尤其是价值导向的时事通讯，是否会在下一次熊市中以类似的幅度跑赢成长型股票。但我不会感到惊讶。成长型股票目前的定价假设是其增长将或多或少无限期地持续下去。迟早不可避免会发生的衰退将提醒我们所有人，这种假设是危险的错误。</blockquote></p><p> The bottom line? Think twice before giving up on value strategies.</p><p><blockquote>底线？在放弃价值策略之前要三思。</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>We're in a 'Kids Market,' so Don't Give up on Value Strategies<blockquote>我们处于“儿童市场”，所以不要放弃价值策略</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\">\nWe're in a 'Kids Market,' so Don't Give up on Value Strategies<blockquote>我们处于“儿童市场”，所以不要放弃价值策略</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Thestreet</strong><span class=\"h-time small\">2021-11-22 14:39</span>\n</p>\n</h4>\n</header>\n<article>\n<p>Here’s yet another sign that the bull market is getting long in the tooth: “Older” and “wiser” investors are being dismissed as hopelessly old-fashioned, while those young enough to have never experienced a major bear market are making a killing.</p><p><blockquote>这是牛市正在持续很长时间的另一个迹象：“年长”和“聪明”的投资者被认为是无可救药的守旧派，而那些足够年轻、从未经历过重大熊市的投资者却大赚一笔。</blockquote></p><p> There is no shortage of examples, but a perfect illustration is&nbsp;a comment attributed to David Portnoy in the summer of 2020. Portnoy, of course, is the internet celebrity and founder of Barstool Sports. After reportedly producing a day-trading profit of close to $5 million in just two months’ time, he said:“I’m sure Warren Buffett is a great guy but when it comes to stocks he is washed up<i>.</i>”</p><p><blockquote>例子并不缺乏，但一个完美的例证是2020年夏天大卫·波特诺伊的评论。波特诺伊当然是网红，Barstool Sports的创始人。据报道，他在短短两个月内就获得了近500万美元的日内交易利润，他说：“我确信沃伦·巴菲特是一个伟大的人，但当谈到股票时，他就被冲昏了头脑<i>.</i>”</blockquote></p><p> I need not remind you that Buffett, widely considered the most successful long-term investor alive today, is 91 years old.</p><p><blockquote>我不需要提醒你，被广泛认为是当今最成功的长期投资者的巴菲特已经91岁了。</blockquote></p><p> This attitude towards our elders reminds me of what Adam Smith, the pseudonymous author of the classic book in the late 1960s titled “The Money Game,” called a “kids’ market.” He was referring to speculative periods in which the investors making the most money are too young to remember prior major bear markets.</p><p><blockquote>这种对待长辈的态度让我想起了亚当·斯密（Adam Smith），他是20世纪60年代末经典著作《金钱游戏》（The Money Game）的笔名作者，他所说的“儿童市场”。他指的是投机时期，在这个时期，赚最多钱的投资者太年轻，不记得之前的主要熊市。</blockquote></p><p> To illustrate, Smith introduced readers to a Wall Street manager who went by the name The Great Winfield, who only hired traders who were in their 20s: “The strength of my kids is that they are too young to remember anything bad, and they are making so much money that they feel invincible,” Winfield was quoted as saying. “Now you know and I know that one day the orchestra will stop playing and the wind will rattle through the broken window panes, and the anticipation of this freezes [the rest of] us” who are old enough to remember.</p><p><blockquote>为了说明这一点，史密斯向读者介绍了一位名叫“伟大的温菲尔德”的华尔街经理，他只雇佣20多岁的交易员：“我的孩子们的优势在于，他们太小了，不记得任何不好的事情，而且他们赚了很多钱，他们觉得自己是不可战胜的，”温菲尔德说。“现在你知道，我也知道，有一天管弦乐队将停止演奏，风将穿过破碎的窗玻璃发出嘎嘎声，对此的期待冻结了我们（其他人）”，他们已经足够大，可以记住。</blockquote></p><p> (For the record, I should stress that Portnoy is in his 40s, not his 20s. But his attitude is paradigmatic of what Smith had in mind.)</p><p><blockquote>（为了记录在案，我应该强调波特诺伊已经40多岁了，而不是20多岁。但他的态度是史密斯想法的典范。）</blockquote></p><p> Smith referred to the stocks that the “kids” were buying as “swinger stocks,” which at the time he wrote his book had names like “data processing” or “computer” in their names. Today the swingers are securities such as Tesla&nbsp;(<b>TSLA</b>), bitcoin, GameStop&nbsp;(<b>GME</b>), AMC Entertainment&nbsp;(<b>AMC</b>), Inc. Class A Report&nbsp;and other meme stocks. But the underlying pattern is the same.</p><p><blockquote>史密斯将“孩子们”购买的股票称为“换妻股票”，在他写书的时候，这些股票的名字中有“数据处理”或“计算机”等名称。如今，摇摆者是特斯拉等证券（<b>特斯拉</b>)、比特币、游戏驿站(<b>GME</b>)、AMC院线(<b>AMC</b>），Inc.A类报告和其他模因股票。但潜在的模式是相同的。</blockquote></p><p> As Smith recounted it, Winfield ridiculed at an older manager who raised doubts about “swinger” stocks. “Look at the skepticism on the face of this dirty old man… Look at him, framing questions about depreciation” and the like. “You can’t make any money with questions like that… Memory can get in the way of such a jolly market.”</p><p><blockquote>正如史密斯所叙述的那样，温菲尔德嘲笑了一位对“摇摆人”股票提出质疑的年长经理。“看看这个肮脏的老人脸上的怀疑……看看他，框定了关于折旧的问题”之类的。“你不能用这样的问题赚钱……记忆会妨碍这样一个快乐的市场。”</blockquote></p><p> Growth vs. Value</p><p><blockquote>增长与价值</blockquote></p><p> Nowhere on Wall Street is the Kids’ Market more obvious than in the contrast between, on the one hand, the headline-grabbing returns of high-flying growth stocks and, on the other, the market-lagging performance of value stocks. Value stocks tend to be favored by more seasoned investors, those who have lived through a prior major bear market.</p><p><blockquote>在华尔街，没有什么地方比高速增长的成长型股票引人注目的回报与价值型股票落后于市场的表现之间的对比更明显了。价值股往往受到经验丰富的投资者（那些经历过之前重大熊市的投资者）的青睐。</blockquote></p><p> As is widely known, value stocks have suffered mightily in recent years, in contrast to its record over the previous century in which they came out well ahead. And their market-lagging returns are exacting a toll on the editors of value-oriented newsletters. Their performances have suffered so much that some have thrown in the towel and stopped publishing altogether, and others are seriously considering it.</p><p><blockquote>众所周知，价值股近年来遭受重创，与上个世纪遥遥领先的记录形成鲜明对比。它们落后于市场的回报给以价值为导向的时事通讯的编辑带来了损失。他们的表演遭受了如此大的损失，以至于一些人已经认输并完全停止出版，另一些人正在认真考虑。</blockquote></p><p> A consistent theme emerges in my conversations with some of these editors: Investors in recent years have stopped wanting to pay for advice. Why should they when the market is skyrocketing and on Reddit you can get free advice about the latest meme stocks on whose bandwagon we should jump?</p><p><blockquote>在我与其中一些编辑的对话中，出现了一个一致的主题：近年来，投资者不再愿意为建议付费。当市场飙升并且在Reddit上您可以获得有关我们应该追随谁的最新迷因股票的免费建议时，他们为什么要这样做呢？</blockquote></p><p> The answer, of course, is that advice becomes most worthwhile when the market is struggling. When the market is soaring, everyone looks like a genius. This is the source of the age-old wisdom that we shouldn’t confuse brains with a bull market.</p><p><blockquote>当然，答案是，当市场陷入困境时，建议变得最有价值。当市场飙升时，每个人看起来都像是天才。这是我们不应该将大脑与牛市混淆的古老智慧的来源。</blockquote></p><p> For an historical perspective, it’s instructive to compare the market-lagging performance of value advisers in recent years with their market-beating returns after the internet bubble burst in early 2000. The bursting of that bubble, of course, represented the end of the last significant period in which value had lagged growth.</p><p><blockquote>从历史的角度来看，将价值顾问近年来落后于市场的表现与2000年初互联网泡沫破裂后跑赢市场的回报进行比较是有启发性的。当然，泡沫的破裂标志着价值落后于增长的最后一个重要时期的结束。</blockquote></p><p> To conduct this comparison, I focused on those newsletters in the Hulbert Financial Digest’s performance database that are closest to the value end of the spectrum.</p><p><blockquote>为了进行这种比较，我重点关注了《赫伯特金融文摘》绩效数据库中最接近价值端的时事通讯。</blockquote></p><p> I did this by measuring the extent of each newsletter’s correlation with thevalue stock index created by University of Chicago finance professor (and Nobel laureate) Eugene Fama and Dartmouth professor Ken French. Eight newsletters were correlated to a statistically significant degree.</p><p><blockquote>我通过测量每份时事通讯与芝加哥大学金融学教授（诺贝尔奖获得者）尤金·法玛和达特茅斯大学教授肯·弗伦奇创建的价值股票指数的相关性来做到这一点。八份时事通讯在统计学上有显著的相关性。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/3d433a215ec4fa806a3982f9083946c5\" tg-width=\"1200\" tg-height=\"628\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"></p><p><blockquote></blockquote></p><p></p><p> The accompanying chart plots these newsletters’ average returns. As you can see, these eight newsletters over the past five years not surprisingly lagged the S&amp;P 500 on a total return basis by 4.3 annualized percentage points. Yet in the 2000-2002 bear market that occurred in the wake of the bursting of the internet bubble, these eight newsletters actually made money (1.1% annualized) while the S&amp;P 500 was producing an annualized loss of 20.7%.</p><p><blockquote>附图绘制了这些时事通讯的平均回报。正如您所看到的，过去五年中这八份时事通讯的年化总回报率落后标普500 4.3个百分点，这并不奇怪。然而，在互联网泡沫破裂后的2000-2002年熊市中，这八份时事通讯实际上赚了钱（年化1.1%），而标普500的年化亏损为20.7%。</blockquote></p><p> It’s impossible to know whether value stock strategies in general, and value-oriented newsletters in particular, will outperform growth stocks by similar margins in the next bear market. But I wouldn’t be surprised. Growth stocks currently are priced on the assumption that their growth will continue more or less indefinitely. A recession, which inevitably will happen sooner or later, will remind all of us that this assumption is dangerously wrong.</p><p><blockquote>不可能知道总体价值股票策略，尤其是价值导向的时事通讯，是否会在下一次熊市中以类似的幅度跑赢成长型股票。但我不会感到惊讶。成长型股票目前的定价假设是其增长将或多或少无限期地持续下去。迟早不可避免会发生的衰退将提醒我们所有人，这种假设是危险的错误。</blockquote></p><p> The bottom line? Think twice before giving up on value strategies.</p><p><blockquote>底线？在放弃价值策略之前要三思。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.thestreet.com/investing/were-in-a-kids-market-invest-accordingly?puc=yahoo&cm_ven=YAHOO\">Thestreet</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":{".DJI":"道琼斯"},"source_url":"https://www.thestreet.com/investing/were-in-a-kids-market-invest-accordingly?puc=yahoo&cm_ven=YAHOO","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1199324282","content_text":"Here’s yet another sign that the bull market is getting long in the tooth: “Older” and “wiser” investors are being dismissed as hopelessly old-fashioned, while those young enough to have never experienced a major bear market are making a killing.\nThere is no shortage of examples, but a perfect illustration is a comment attributed to David Portnoy in the summer of 2020. Portnoy, of course, is the internet celebrity and founder of Barstool Sports. After reportedly producing a day-trading profit of close to $5 million in just two months’ time, he said:“I’m sure Warren Buffett is a great guy but when it comes to stocks he is washed up.”\nI need not remind you that Buffett, widely considered the most successful long-term investor alive today, is 91 years old.\nThis attitude towards our elders reminds me of what Adam Smith, the pseudonymous author of the classic book in the late 1960s titled “The Money Game,” called a “kids’ market.” He was referring to speculative periods in which the investors making the most money are too young to remember prior major bear markets.\nTo illustrate, Smith introduced readers to a Wall Street manager who went by the name The Great Winfield, who only hired traders who were in their 20s: “The strength of my kids is that they are too young to remember anything bad, and they are making so much money that they feel invincible,” Winfield was quoted as saying. “Now you know and I know that one day the orchestra will stop playing and the wind will rattle through the broken window panes, and the anticipation of this freezes [the rest of] us” who are old enough to remember.\n(For the record, I should stress that Portnoy is in his 40s, not his 20s. But his attitude is paradigmatic of what Smith had in mind.)\nSmith referred to the stocks that the “kids” were buying as “swinger stocks,” which at the time he wrote his book had names like “data processing” or “computer” in their names. Today the swingers are securities such as Tesla (TSLA), bitcoin, GameStop (GME), AMC Entertainment (AMC), Inc. Class A Report and other meme stocks. But the underlying pattern is the same.\nAs Smith recounted it, Winfield ridiculed at an older manager who raised doubts about “swinger” stocks. “Look at the skepticism on the face of this dirty old man… Look at him, framing questions about depreciation” and the like. “You can’t make any money with questions like that… Memory can get in the way of such a jolly market.”\nGrowth vs. Value\nNowhere on Wall Street is the Kids’ Market more obvious than in the contrast between, on the one hand, the headline-grabbing returns of high-flying growth stocks and, on the other, the market-lagging performance of value stocks. Value stocks tend to be favored by more seasoned investors, those who have lived through a prior major bear market.\nAs is widely known, value stocks have suffered mightily in recent years, in contrast to its record over the previous century in which they came out well ahead. And their market-lagging returns are exacting a toll on the editors of value-oriented newsletters. Their performances have suffered so much that some have thrown in the towel and stopped publishing altogether, and others are seriously considering it.\nA consistent theme emerges in my conversations with some of these editors: Investors in recent years have stopped wanting to pay for advice. Why should they when the market is skyrocketing and on Reddit you can get free advice about the latest meme stocks on whose bandwagon we should jump?\nThe answer, of course, is that advice becomes most worthwhile when the market is struggling. When the market is soaring, everyone looks like a genius. This is the source of the age-old wisdom that we shouldn’t confuse brains with a bull market.\nFor an historical perspective, it’s instructive to compare the market-lagging performance of value advisers in recent years with their market-beating returns after the internet bubble burst in early 2000. The bursting of that bubble, of course, represented the end of the last significant period in which value had lagged growth.\nTo conduct this comparison, I focused on those newsletters in the Hulbert Financial Digest’s performance database that are closest to the value end of the spectrum.\nI did this by measuring the extent of each newsletter’s correlation with thevalue stock index created by University of Chicago finance professor (and Nobel laureate) Eugene Fama and Dartmouth professor Ken French. Eight newsletters were correlated to a statistically significant degree.\n\nThe accompanying chart plots these newsletters’ average returns. As you can see, these eight newsletters over the past five years not surprisingly lagged the S&P 500 on a total return basis by 4.3 annualized percentage points. Yet in the 2000-2002 bear market that occurred in the wake of the bursting of the internet bubble, these eight newsletters actually made money (1.1% annualized) while the S&P 500 was producing an annualized loss of 20.7%.\nIt’s impossible to know whether value stock strategies in general, and value-oriented newsletters in particular, will outperform growth stocks by similar margins in the next bear market. But I wouldn’t be surprised. Growth stocks currently are priced on the assumption that their growth will continue more or less indefinitely. A recession, which inevitably will happen sooner or later, will remind all of us that this assumption is dangerously wrong.\nThe bottom line? Think twice before giving up on value strategies.","news_type":1,"symbols_score_info":{".DJI":0.9}},"isVote":1,"tweetType":1,"viewCount":798,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":876849151,"gmtCreate":1637295466551,"gmtModify":1637295466698,"author":{"id":"3559297454639767","authorId":"3559297454639767","name":"MJ2317","avatar":"https://static.tigerbbs.com/e630b11b8aefdaa3f6d659668006e6c9","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3559297454639767","authorIdStr":"3559297454639767"},"themes":[],"title":"","htmlText":"Hmm","listText":"Hmm","text":"Hmm","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/876849151","repostId":"2184189467","repostType":4,"isVote":1,"tweetType":1,"viewCount":897,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":878220070,"gmtCreate":1637198765377,"gmtModify":1637198804303,"author":{"id":"3559297454639767","authorId":"3559297454639767","name":"MJ2317","avatar":"https://static.tigerbbs.com/e630b11b8aefdaa3f6d659668006e6c9","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3559297454639767","authorIdStr":"3559297454639767"},"themes":[],"title":"","htmlText":"Pls like","listText":"Pls like","text":"Pls like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/878220070","repostId":"1180752156","repostType":4,"isVote":1,"tweetType":1,"viewCount":940,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":871656196,"gmtCreate":1637068139814,"gmtModify":1637068203323,"author":{"id":"3559297454639767","authorId":"3559297454639767","name":"MJ2317","avatar":"https://static.tigerbbs.com/e630b11b8aefdaa3f6d659668006e6c9","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3559297454639767","authorIdStr":"3559297454639767"},"themes":[],"title":"","htmlText":"Done","listText":"Done","text":"Done","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/871656196","repostId":"1108871969","repostType":4,"repost":{"id":"1108871969","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1637067845,"share":"https://www.laohu8.com/m/news/1108871969?lang=zh_CN&edition=full","pubTime":"2021-11-16 21:04","market":"us","language":"en","title":"Toplines Before US Market Open on Tuesday<blockquote>周二美国市场开盘前的营收</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1108871969","media":"Tiger Newspress","summary":"Stock futures gained Tuesday morning, with traders awaiting key new economic data on the state of th","content":"<p>Stock futures gained Tuesday morning, with traders awaiting key new economic data on the state of the consumer after a couple of major retailers topped quarterly earnings results.<img src=\"https://static.tigerbbs.com/0a1b581989afad06f07b7a1874224263\" tg-width=\"1080\" tg-height=\"507\" width=\"100%\" height=\"auto\">At 8:00 a.m. ET, S&amp;P 500 e-minis were up&nbsp;1&nbsp;point, or 0.02%, Nasdaq 100 e-minis&nbsp;were up&nbsp;0.75&nbsp;point, and Dow e-minis&nbsp; were&nbsp;up&nbsp;54&nbsp;points, or 0.15%.</p><p><blockquote>周二上午，在几家主要零售商公布季度收益后，交易员等待有关消费者状况的关键新经济数据，股指期货上涨。截至美国东部时间上午8:00，标普500 e-minis上涨1点，涨幅0.02%，纳斯达克100 e-minis上涨0.75点，道指e-minis上涨54点，涨幅0.15%。</blockquote></p><p> Investors are set to receive monthly retail sales data from the Commerce Department later Tuesday morning, which will help show how much momentum consumers had heading into the holiday shopping season. The print is expected to show retail sales rose by 1.5% in October compared to September, accelerating from the previous month’s 0.7% clip, according to Bloomberg consensus data.</p><p><blockquote>投资者将于周二上午晚些时候收到商务部的月度零售销售数据，这将有助于显示消费者进入假日购物季的动力有多大。根据彭博社的共识数据，预计10月份零售额较9月份增长1.5%，较上月的0.7%有所加快。</blockquote></p><p> As usual, the report will be closely monitored as an indicator of overall economic strength, given consumption comprises about two-thirds of U.S. economic activity.</p><p><blockquote>与往常一样，鉴于消费约占美国经济活动的三分之二，该报告将作为整体经济实力的指标受到密切关注。</blockquote></p><p> Earnings results from retail juggernaut <a href=\"https://laohu8.com/S/WMT\">Wal-Mart</a> underscored solid shopping trends among American consumers. The company's&nbsp;closely watched U.S. comparable same-store salesgrew 9.2% over last year in the third quarter, and by 15.6% compared to the same period in 2019, to exceed estimates for growth of 7%, according to Bloomberg consensus data. E-commerce sales also held up and grew by a better-than-expected 8%, compared to the 1.9% rise expected, even as more consumers returned to in-person shopping. Shares of Walmart rose in early trading following the report, and shares of peers including Target and Costco rose in sympathy.</p><p><blockquote>零售巨头的盈利结果<a href=\"https://laohu8.com/S/WMT\">沃尔玛</a>凸显了美国消费者稳健的购物趋势。根据彭博社的共识数据，该公司备受关注的美国第三季度可比同店销售额比去年增长9.2%，比2019年同期增长15.6%，超过了7%的增长预期。尽管越来越多的消费者重新开始亲自购物，但电子商务销售额也保持增长，增长了8%，好于预期，而预期为1.9%。报告发布后，沃尔玛股价早盘上涨，塔吉特(Target)和好市多(Costco)等同行股价也随之上涨。</blockquote></p><p> <a href=\"https://laohu8.com/S/HD\">Home Depot</a>, meanwhile, also posted better-than-expected sales and earnings results as the company continued to see \"elevated home improvement demand,\" CEO Craig Menear said in Home Depot's earnings statement. Comparable sales grew 6.1% compared to the 1.5% rise anticipated, and the stock closed in on a record high in pre-market trading.</p><p><blockquote><a href=\"https://laohu8.com/S/HD\">家得宝</a>与此同时，家得宝首席执行官克雷格·梅尼尔(Craig Menear)在家得宝(Home Depot)的财报中表示，该公司的销售和盈利业绩也好于预期，因为该公司继续看到“家居装修需求增加”。可比销售额增长6.1%，而预期增长1.5%，该股在盘前交易中收于历史新高。</blockquote></p><p> These reports came at the tail end of what has already been an exceptionally strong earnings season. As of Friday, 92% of S&amp;P 500 companies had reported actual results, and of these, 81% of them had reported better-than-expected earnings results,according to FactSet.</p><p><blockquote>这些报告是在已经异常强劲的财报季结束时发布的。FactSet的数据显示，截至周五，92%的标普500公司公布了实际业绩，其中81%的公司公布了好于预期的盈利业绩。</blockquote></p><p> <b>Stocks making the biggest moves in the premarket:</b></p><p><blockquote><b>盘前涨幅最大的股票：</b></blockquote></p><p> <a href=\"https://laohu8.com/S/RXT\">Rackspace Technology</a> – <a href=\"https://laohu8.com/S/RXT\">Rackspace Technology</a> beat estimates by a penny a share, with quarterly earnings of 25 cents per share. The cloud computing company’s revenue also topped Wall Street forecasts. It was Rackspace’s eighth consecutive quarter of revenue growth, and the company said it was well-positioned in a booming market. its shares surged 8.3% in the premarket.</p><p><blockquote><a href=\"https://laohu8.com/S/RXT\">Rackspace技术</a>–<a href=\"https://laohu8.com/S/RXT\">Rackspace技术</a>每股超出预期1美分，季度收益为每股25美分。这家云计算公司的收入也超出了华尔街的预期。这是Rackspace连续第八个季度收入增长，该公司表示，它在蓬勃发展的市场中处于有利地位。其股价盘前飙升8.3%。</blockquote></p><p> <a href=\"https://laohu8.com/S/AXON\">Axon Enterprise, Inc.</a> – <a href=\"https://laohu8.com/S/AXON\">Axon Enterprise, Inc.</a> soared 23.5 % in premarket trading, after the maker of Tasers, body cameras and other public safety equipment reported much-better-than-expected sales and revenue for its latest quarter.</p><p><blockquote><a href=\"https://laohu8.com/S/AXON\">Axon企业公司。</a>–<a href=\"https://laohu8.com/S/AXON\">Axon企业公司。</a>这家泰瑟枪、随身摄像机和其他公共安全设备制造商公布最近一个季度的销售额和收入远好于预期，盘前交易中股价飙升23.5%。</blockquote></p><p> <a href=\"https://laohu8.com/S/RPRX\">Royalty Pharma plc</a> – <a href=\"https://laohu8.com/S/RPRX\">Royalty Pharma plc</a> rallied 7.8% in premarket trading, following news thatBerkshire Hathaway(BRK.B) took a new $475 million stake in the drug royalty purchaser.</p><p><blockquote><a href=\"https://laohu8.com/S/RPRX\">皇家制药有限公司</a>–<a href=\"https://laohu8.com/S/RPRX\">皇家制药有限公司</a>在伯克希尔哈撒韦公司(BRK.B)以4.75亿美元收购了这家药品特许权使用费购买者的新股份的消息传出后，该股在盘前交易中上涨7.8%。</blockquote></p><p> <a href=\"https://laohu8.com/S/HD\">Home Depot</a> – The home improvement retailerreported third-quarter profit of $3.92 per share, 52 cents a share above estimates. Revenue also beat Street forecasts. Comparable-store sales were up a better-than-expected 6.1%, driven by demand for household tools and building materials. The stock rose 1.1% in the premarket.</p><p><blockquote><a href=\"https://laohu8.com/S/HD\">家得宝</a>-这家家居装修零售商报告第三季度每股利润为3.92美元，比预期高出52美分。收入也超出了华尔街的预测。在家用工具和建筑材料需求的推动下，同店销售额增长6.1%，好于预期。该股盘前上涨1.1%。</blockquote></p><p> <a href=\"https://laohu8.com/S/WMT\">Wal-Mart</a> – <a href=\"https://laohu8.com/S/WMT\">Wal-Mart</a> jumped 2% in premarket trading after beating on the top and bottom lines, and raising its full-year forecast. Walmart earned $1.45 per share for the third quarter, 5 cents a share above estimates, with comparable-store sales topping forecasts as well.</p><p><blockquote><a href=\"https://laohu8.com/S/WMT\">沃尔玛</a>–<a href=\"https://laohu8.com/S/WMT\">沃尔玛</a>在营收和利润均超出预期并上调全年预期后，盘前交易中股价上涨2%。沃尔玛第三季度每股收益1.45美元，比预期高出5美分，同店销售额也超出预期。</blockquote></p><p> <a href=\"https://laohu8.com/S/AAP\">Advance Auto Parts</a> – <a href=\"https://laohu8.com/S/AAP\">Advance Auto Parts</a> earned $3.21 per share for its latest quarter, beating the $2.87 a share consensus estimate. The auto parts retailer beat on revenue and other key metrics. Advance Auto said it was seeing higher-than-expected inflation headwinds, however, and the stock fell 2% in premarket action.</p><p><blockquote><a href=\"https://laohu8.com/S/AAP\">高级汽车零部件</a>–<a href=\"https://laohu8.com/S/AAP\">高级汽车零部件</a>最近一个季度每股收益为3.21美元，超过每股2.87美元的普遍预期。这家汽车零部件零售商在收入和其他关键指标上表现出色。然而，Advance Auto表示，其通胀阻力高于预期，该股在盘前下跌2%。</blockquote></p><p> <a href=\"https://laohu8.com/S/DEO\">Diageo PLC</a> – <a href=\"https://laohu8.com/S/DEO\">Diageo PLC</a> rose 2.4% in premarket trading after it issued stronger-than-expected profit and sales guidance for 2023 through 2025, reversing the spirits maker’s prior stance of abandoning specific numerical guidance.</p><p><blockquote><a href=\"https://laohu8.com/S/DEO\">帝亚吉欧公司</a>–<a href=\"https://laohu8.com/S/DEO\">帝亚吉欧公司</a>该公司发布了强于预期的2023年至2025年利润和销售指引，扭转了该烈酒制造商此前放弃具体数字指引的立场，盘前交易中股价上涨2.4%。</blockquote></p><p></p><p> <a href=\"https://laohu8.com/S/TSLA\">Tesla Motors</a> –<a href=\"https://laohu8.com/S/TSLA\">Tesla Motors</a> CEO Elon Musk sold $930 million in shares to meet tax obligations after exercising options to buy 2.1 million shares. Separately,JPMorgan Chase(JPM) is suing Tesla, accusing it ofbreaching a contract related to stock warrants.</p><p><blockquote><a href=\"https://laohu8.com/S/TSLA\">特斯拉</a>–<a href=\"https://laohu8.com/S/TSLA\">特斯拉</a>首席执行官埃隆·马斯克在行使购买210万股股票的期权后，出售了9.3亿美元的股票以履行纳税义务。另外，摩根大通（JPM）正在起诉特斯拉，指控其违反与认股权证相关的合同。</blockquote></p><p> <a href=\"https://laohu8.com/S/ALV\">Autoliv</a> –<a href=\"https://laohu8.com/S/ALV\">Autoliv</a> rallied 4.4% in the premarket, following the announcement of a new stock repurchase program of up to $1.5 billion. The maker of automotive safety systems also updated its growth target, expecting 4% to 6% growth per year in 2024 and beyond.</p><p><blockquote><a href=\"https://laohu8.com/S/ALV\">奥托立夫</a>–<a href=\"https://laohu8.com/S/ALV\">奥托立夫</a>在宣布高达15亿美元的新股票回购计划后，盘前上涨4.4%。这家汽车安全系统制造商还更新了增长目标，预计2024年及以后每年增长4%至6%。</blockquote></p><p> <a href=\"https://laohu8.com/S/LCID\">Lucid Group Inc</a> – <a href=\"https://laohu8.com/S/LCID\">Lucid Group Inc</a> surged 5.8% in premarket action after the electric vehicle maker reported more than 17,000 reservations for its “Air” sedan, up from 13,000 in the prior quarter. Lucid also confirmed its 2022 production targets.</p><p><blockquote><a href=\"https://laohu8.com/S/LCID\">Lucid集团公司</a>–<a href=\"https://laohu8.com/S/LCID\">Lucid集团公司</a>这家电动汽车制造商报告其“Air”轿车的预订量超过17,000份，高于上一季度的13,000份，盘前股价飙升5.8%。Lucid还确认了2022年的生产目标。</blockquote></p><p> <a href=\"https://laohu8.com/S/WDAY\">Workday</a> – The human resources software company added 2.4% in the premarket after UBS upgraded the stock to “buy” from “neutral,” on indications of stronger HR systems spending.</p><p><blockquote><a href=\"https://laohu8.com/S/WDAY\">工作日</a>-瑞银将该股评级从“中性”上调至“买入”，原因是有迹象表明人力资源系统支出强劲，该人力资源软件公司盘前股价上涨2.4%。</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>Toplines Before US Market Open on Tuesday<blockquote>周二美国市场开盘前的营收</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\">\nToplines Before US Market Open on Tuesday<blockquote>周二美国市场开盘前的营收</blockquote>\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time smaller\">2021-11-16 21:04</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>Stock futures gained Tuesday morning, with traders awaiting key new economic data on the state of the consumer after a couple of major retailers topped quarterly earnings results.<img src=\"https://static.tigerbbs.com/0a1b581989afad06f07b7a1874224263\" tg-width=\"1080\" tg-height=\"507\" width=\"100%\" height=\"auto\">At 8:00 a.m. ET, S&amp;P 500 e-minis were up&nbsp;1&nbsp;point, or 0.02%, Nasdaq 100 e-minis&nbsp;were up&nbsp;0.75&nbsp;point, and Dow e-minis&nbsp; were&nbsp;up&nbsp;54&nbsp;points, or 0.15%.</p><p><blockquote>周二上午，在几家主要零售商公布季度收益后，交易员等待有关消费者状况的关键新经济数据，股指期货上涨。截至美国东部时间上午8:00，标普500 e-minis上涨1点，涨幅0.02%，纳斯达克100 e-minis上涨0.75点，道指e-minis上涨54点，涨幅0.15%。</blockquote></p><p> Investors are set to receive monthly retail sales data from the Commerce Department later Tuesday morning, which will help show how much momentum consumers had heading into the holiday shopping season. The print is expected to show retail sales rose by 1.5% in October compared to September, accelerating from the previous month’s 0.7% clip, according to Bloomberg consensus data.</p><p><blockquote>投资者将于周二上午晚些时候收到商务部的月度零售销售数据，这将有助于显示消费者进入假日购物季的动力有多大。根据彭博社的共识数据，预计10月份零售额较9月份增长1.5%，较上月的0.7%有所加快。</blockquote></p><p> As usual, the report will be closely monitored as an indicator of overall economic strength, given consumption comprises about two-thirds of U.S. economic activity.</p><p><blockquote>与往常一样，鉴于消费约占美国经济活动的三分之二，该报告将作为整体经济实力的指标受到密切关注。</blockquote></p><p> Earnings results from retail juggernaut <a href=\"https://laohu8.com/S/WMT\">Wal-Mart</a> underscored solid shopping trends among American consumers. The company's&nbsp;closely watched U.S. comparable same-store salesgrew 9.2% over last year in the third quarter, and by 15.6% compared to the same period in 2019, to exceed estimates for growth of 7%, according to Bloomberg consensus data. E-commerce sales also held up and grew by a better-than-expected 8%, compared to the 1.9% rise expected, even as more consumers returned to in-person shopping. Shares of Walmart rose in early trading following the report, and shares of peers including Target and Costco rose in sympathy.</p><p><blockquote>零售巨头的盈利结果<a href=\"https://laohu8.com/S/WMT\">沃尔玛</a>凸显了美国消费者稳健的购物趋势。根据彭博社的共识数据，该公司备受关注的美国第三季度可比同店销售额比去年增长9.2%，比2019年同期增长15.6%，超过了7%的增长预期。尽管越来越多的消费者重新开始亲自购物，但电子商务销售额也保持增长，增长了8%，好于预期，而预期为1.9%。报告发布后，沃尔玛股价早盘上涨，塔吉特(Target)和好市多(Costco)等同行股价也随之上涨。</blockquote></p><p> <a href=\"https://laohu8.com/S/HD\">Home Depot</a>, meanwhile, also posted better-than-expected sales and earnings results as the company continued to see \"elevated home improvement demand,\" CEO Craig Menear said in Home Depot's earnings statement. Comparable sales grew 6.1% compared to the 1.5% rise anticipated, and the stock closed in on a record high in pre-market trading.</p><p><blockquote><a href=\"https://laohu8.com/S/HD\">家得宝</a>与此同时，家得宝首席执行官克雷格·梅尼尔(Craig Menear)在家得宝(Home Depot)的财报中表示，该公司的销售和盈利业绩也好于预期，因为该公司继续看到“家居装修需求增加”。可比销售额增长6.1%，而预期增长1.5%，该股在盘前交易中收于历史新高。</blockquote></p><p> These reports came at the tail end of what has already been an exceptionally strong earnings season. As of Friday, 92% of S&amp;P 500 companies had reported actual results, and of these, 81% of them had reported better-than-expected earnings results,according to FactSet.</p><p><blockquote>这些报告是在已经异常强劲的财报季结束时发布的。FactSet的数据显示，截至周五，92%的标普500公司公布了实际业绩，其中81%的公司公布了好于预期的盈利业绩。</blockquote></p><p> <b>Stocks making the biggest moves in the premarket:</b></p><p><blockquote><b>盘前涨幅最大的股票：</b></blockquote></p><p> <a href=\"https://laohu8.com/S/RXT\">Rackspace Technology</a> – <a href=\"https://laohu8.com/S/RXT\">Rackspace Technology</a> beat estimates by a penny a share, with quarterly earnings of 25 cents per share. The cloud computing company’s revenue also topped Wall Street forecasts. It was Rackspace’s eighth consecutive quarter of revenue growth, and the company said it was well-positioned in a booming market. its shares surged 8.3% in the premarket.</p><p><blockquote><a href=\"https://laohu8.com/S/RXT\">Rackspace技术</a>–<a href=\"https://laohu8.com/S/RXT\">Rackspace技术</a>每股超出预期1美分，季度收益为每股25美分。这家云计算公司的收入也超出了华尔街的预期。这是Rackspace连续第八个季度收入增长，该公司表示，它在蓬勃发展的市场中处于有利地位。其股价盘前飙升8.3%。</blockquote></p><p> <a href=\"https://laohu8.com/S/AXON\">Axon Enterprise, Inc.</a> – <a href=\"https://laohu8.com/S/AXON\">Axon Enterprise, Inc.</a> soared 23.5 % in premarket trading, after the maker of Tasers, body cameras and other public safety equipment reported much-better-than-expected sales and revenue for its latest quarter.</p><p><blockquote><a href=\"https://laohu8.com/S/AXON\">Axon企业公司。</a>–<a href=\"https://laohu8.com/S/AXON\">Axon企业公司。</a>这家泰瑟枪、随身摄像机和其他公共安全设备制造商公布最近一个季度的销售额和收入远好于预期，盘前交易中股价飙升23.5%。</blockquote></p><p> <a href=\"https://laohu8.com/S/RPRX\">Royalty Pharma plc</a> – <a href=\"https://laohu8.com/S/RPRX\">Royalty Pharma plc</a> rallied 7.8% in premarket trading, following news thatBerkshire Hathaway(BRK.B) took a new $475 million stake in the drug royalty purchaser.</p><p><blockquote><a href=\"https://laohu8.com/S/RPRX\">皇家制药有限公司</a>–<a href=\"https://laohu8.com/S/RPRX\">皇家制药有限公司</a>在伯克希尔哈撒韦公司(BRK.B)以4.75亿美元收购了这家药品特许权使用费购买者的新股份的消息传出后，该股在盘前交易中上涨7.8%。</blockquote></p><p> <a href=\"https://laohu8.com/S/HD\">Home Depot</a> – The home improvement retailerreported third-quarter profit of $3.92 per share, 52 cents a share above estimates. Revenue also beat Street forecasts. Comparable-store sales were up a better-than-expected 6.1%, driven by demand for household tools and building materials. The stock rose 1.1% in the premarket.</p><p><blockquote><a href=\"https://laohu8.com/S/HD\">家得宝</a>-这家家居装修零售商报告第三季度每股利润为3.92美元，比预期高出52美分。收入也超出了华尔街的预测。在家用工具和建筑材料需求的推动下，同店销售额增长6.1%，好于预期。该股盘前上涨1.1%。</blockquote></p><p> <a href=\"https://laohu8.com/S/WMT\">Wal-Mart</a> – <a href=\"https://laohu8.com/S/WMT\">Wal-Mart</a> jumped 2% in premarket trading after beating on the top and bottom lines, and raising its full-year forecast. Walmart earned $1.45 per share for the third quarter, 5 cents a share above estimates, with comparable-store sales topping forecasts as well.</p><p><blockquote><a href=\"https://laohu8.com/S/WMT\">沃尔玛</a>–<a href=\"https://laohu8.com/S/WMT\">沃尔玛</a>在营收和利润均超出预期并上调全年预期后，盘前交易中股价上涨2%。沃尔玛第三季度每股收益1.45美元，比预期高出5美分，同店销售额也超出预期。</blockquote></p><p> <a href=\"https://laohu8.com/S/AAP\">Advance Auto Parts</a> – <a href=\"https://laohu8.com/S/AAP\">Advance Auto Parts</a> earned $3.21 per share for its latest quarter, beating the $2.87 a share consensus estimate. The auto parts retailer beat on revenue and other key metrics. Advance Auto said it was seeing higher-than-expected inflation headwinds, however, and the stock fell 2% in premarket action.</p><p><blockquote><a href=\"https://laohu8.com/S/AAP\">高级汽车零部件</a>–<a href=\"https://laohu8.com/S/AAP\">高级汽车零部件</a>最近一个季度每股收益为3.21美元，超过每股2.87美元的普遍预期。这家汽车零部件零售商在收入和其他关键指标上表现出色。然而，Advance Auto表示，其通胀阻力高于预期，该股在盘前下跌2%。</blockquote></p><p> <a href=\"https://laohu8.com/S/DEO\">Diageo PLC</a> – <a href=\"https://laohu8.com/S/DEO\">Diageo PLC</a> rose 2.4% in premarket trading after it issued stronger-than-expected profit and sales guidance for 2023 through 2025, reversing the spirits maker’s prior stance of abandoning specific numerical guidance.</p><p><blockquote><a href=\"https://laohu8.com/S/DEO\">帝亚吉欧公司</a>–<a href=\"https://laohu8.com/S/DEO\">帝亚吉欧公司</a>该公司发布了强于预期的2023年至2025年利润和销售指引，扭转了该烈酒制造商此前放弃具体数字指引的立场，盘前交易中股价上涨2.4%。</blockquote></p><p></p><p> <a href=\"https://laohu8.com/S/TSLA\">Tesla Motors</a> –<a href=\"https://laohu8.com/S/TSLA\">Tesla Motors</a> CEO Elon Musk sold $930 million in shares to meet tax obligations after exercising options to buy 2.1 million shares. Separately,JPMorgan Chase(JPM) is suing Tesla, accusing it ofbreaching a contract related to stock warrants.</p><p><blockquote><a href=\"https://laohu8.com/S/TSLA\">特斯拉</a>–<a href=\"https://laohu8.com/S/TSLA\">特斯拉</a>首席执行官埃隆·马斯克在行使购买210万股股票的期权后，出售了9.3亿美元的股票以履行纳税义务。另外，摩根大通（JPM）正在起诉特斯拉，指控其违反与认股权证相关的合同。</blockquote></p><p> <a href=\"https://laohu8.com/S/ALV\">Autoliv</a> –<a href=\"https://laohu8.com/S/ALV\">Autoliv</a> rallied 4.4% in the premarket, following the announcement of a new stock repurchase program of up to $1.5 billion. The maker of automotive safety systems also updated its growth target, expecting 4% to 6% growth per year in 2024 and beyond.</p><p><blockquote><a href=\"https://laohu8.com/S/ALV\">奥托立夫</a>–<a href=\"https://laohu8.com/S/ALV\">奥托立夫</a>在宣布高达15亿美元的新股票回购计划后，盘前上涨4.4%。这家汽车安全系统制造商还更新了增长目标，预计2024年及以后每年增长4%至6%。</blockquote></p><p> <a href=\"https://laohu8.com/S/LCID\">Lucid Group Inc</a> – <a href=\"https://laohu8.com/S/LCID\">Lucid Group Inc</a> surged 5.8% in premarket action after the electric vehicle maker reported more than 17,000 reservations for its “Air” sedan, up from 13,000 in the prior quarter. Lucid also confirmed its 2022 production targets.</p><p><blockquote><a href=\"https://laohu8.com/S/LCID\">Lucid集团公司</a>–<a href=\"https://laohu8.com/S/LCID\">Lucid集团公司</a>这家电动汽车制造商报告其“Air”轿车的预订量超过17,000份，高于上一季度的13,000份，盘前股价飙升5.8%。Lucid还确认了2022年的生产目标。</blockquote></p><p> <a href=\"https://laohu8.com/S/WDAY\">Workday</a> – The human resources software company added 2.4% in the premarket after UBS upgraded the stock to “buy” from “neutral,” on indications of stronger HR systems spending.</p><p><blockquote><a href=\"https://laohu8.com/S/WDAY\">工作日</a>-瑞银将该股评级从“中性”上调至“买入”，原因是有迹象表明人力资源系统支出强劲，该人力资源软件公司盘前股价上涨2.4%。</blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index",".DJI":"道琼斯",".IXIC":"NASDAQ Composite"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1108871969","content_text":"Stock futures gained Tuesday morning, with traders awaiting key new economic data on the state of the consumer after a couple of major retailers topped quarterly earnings results.At 8:00 a.m. ET, S&P 500 e-minis were up 1 point, or 0.02%, Nasdaq 100 e-minis were up 0.75 point, and Dow e-minis  were up 54 points, or 0.15%.\nInvestors are set to receive monthly retail sales data from the Commerce Department later Tuesday morning, which will help show how much momentum consumers had heading into the holiday shopping season. The print is expected to show retail sales rose by 1.5% in October compared to September, accelerating from the previous month’s 0.7% clip, according to Bloomberg consensus data.\nAs usual, the report will be closely monitored as an indicator of overall economic strength, given consumption comprises about two-thirds of U.S. economic activity.\nEarnings results from retail juggernaut Wal-Mart underscored solid shopping trends among American consumers. The company's closely watched U.S. comparable same-store salesgrew 9.2% over last year in the third quarter, and by 15.6% compared to the same period in 2019, to exceed estimates for growth of 7%, according to Bloomberg consensus data. E-commerce sales also held up and grew by a better-than-expected 8%, compared to the 1.9% rise expected, even as more consumers returned to in-person shopping. Shares of Walmart rose in early trading following the report, and shares of peers including Target and Costco rose in sympathy.\nHome Depot, meanwhile, also posted better-than-expected sales and earnings results as the company continued to see \"elevated home improvement demand,\" CEO Craig Menear said in Home Depot's earnings statement. Comparable sales grew 6.1% compared to the 1.5% rise anticipated, and the stock closed in on a record high in pre-market trading.\nThese reports came at the tail end of what has already been an exceptionally strong earnings season. As of Friday, 92% of S&P 500 companies had reported actual results, and of these, 81% of them had reported better-than-expected earnings results,according to FactSet.\nStocks making the biggest moves in the premarket:\nRackspace Technology – Rackspace Technology beat estimates by a penny a share, with quarterly earnings of 25 cents per share. The cloud computing company’s revenue also topped Wall Street forecasts. It was Rackspace’s eighth consecutive quarter of revenue growth, and the company said it was well-positioned in a booming market. its shares surged 8.3% in the premarket.\nAxon Enterprise, Inc. – Axon Enterprise, Inc. soared 23.5 % in premarket trading, after the maker of Tasers, body cameras and other public safety equipment reported much-better-than-expected sales and revenue for its latest quarter.\nRoyalty Pharma plc – Royalty Pharma plc rallied 7.8% in premarket trading, following news thatBerkshire Hathaway(BRK.B) took a new $475 million stake in the drug royalty purchaser.\nHome Depot – The home improvement retailerreported third-quarter profit of $3.92 per share, 52 cents a share above estimates. Revenue also beat Street forecasts. Comparable-store sales were up a better-than-expected 6.1%, driven by demand for household tools and building materials. The stock rose 1.1% in the premarket.\nWal-Mart – Wal-Mart jumped 2% in premarket trading after beating on the top and bottom lines, and raising its full-year forecast. Walmart earned $1.45 per share for the third quarter, 5 cents a share above estimates, with comparable-store sales topping forecasts as well.\nAdvance Auto Parts – Advance Auto Parts earned $3.21 per share for its latest quarter, beating the $2.87 a share consensus estimate. The auto parts retailer beat on revenue and other key metrics. Advance Auto said it was seeing higher-than-expected inflation headwinds, however, and the stock fell 2% in premarket action.\nDiageo PLC – Diageo PLC rose 2.4% in premarket trading after it issued stronger-than-expected profit and sales guidance for 2023 through 2025, reversing the spirits maker’s prior stance of abandoning specific numerical guidance.\nTesla Motors –Tesla Motors CEO Elon Musk sold $930 million in shares to meet tax obligations after exercising options to buy 2.1 million shares. Separately,JPMorgan Chase(JPM) is suing Tesla, accusing it ofbreaching a contract related to stock warrants.\nAutoliv –Autoliv rallied 4.4% in the premarket, following the announcement of a new stock repurchase program of up to $1.5 billion. The maker of automotive safety systems also updated its growth target, expecting 4% to 6% growth per year in 2024 and beyond.\nLucid Group Inc – Lucid Group Inc surged 5.8% in premarket action after the electric vehicle maker reported more than 17,000 reservations for its “Air” sedan, up from 13,000 in the prior quarter. Lucid also confirmed its 2022 production targets.\nWorkday – The human resources software company added 2.4% in the premarket after UBS upgraded the stock to “buy” from “neutral,” on indications of stronger HR systems spending.","news_type":1,"symbols_score_info":{".IXIC":0.9,".SPX":0.9,".DJI":0.9}},"isVote":1,"tweetType":1,"viewCount":995,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":873018914,"gmtCreate":1636794594473,"gmtModify":1636794594604,"author":{"id":"3559297454639767","authorId":"3559297454639767","name":"MJ2317","avatar":"https://static.tigerbbs.com/e630b11b8aefdaa3f6d659668006e6c9","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3559297454639767","authorIdStr":"3559297454639767"},"themes":[],"title":"","htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/873018914","repostId":"1102251183","repostType":4,"repost":{"id":"1102251183","kind":"news","pubTimestamp":1636772424,"share":"https://www.laohu8.com/m/news/1102251183?lang=zh_CN&edition=full","pubTime":"2021-11-13 11:00","market":"us","language":"en","title":"Pfizer Shows Its R&D Is Strong. It’s a Good Sign for the Stock.<blockquote>辉瑞显示其研发实力雄厚。这对该股来说是一个好兆头。</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1102251183","media":"Barrons","summary":"Pfizer’s chief scientific officer, Mikael Dolsten, sounded giddy when reached via telephone early Mo","content":"<p>Pfizer’s&nbsp;chief scientific officer, Mikael Dolsten, sounded giddy when reached via telephone early Monday morning. It was just days after his company knocked the socks off the market with the news that its Covid-19 antiviral had cut the risk of hospitalization by 89% in high-risk adults.</p><p><blockquote>周一早上，辉瑞公司首席科学官米凯尔·多尔斯滕(Mikael Dolsten)接到电话时，听起来很头晕。就在几天前，他的公司宣布其Covid-19抗病毒药物将高危成年人的住院风险降低了89%。</blockquote></p><p> “It can’t be just a random thing, that you’re able to beat this type of world record and get a grand slam at the same time by chance,” Dolsten said, scrambling sports metaphors as he sought to illustrate the magnitude of Pfizer’s twin wins: the development of a stunningly effective Covid-19 vaccine in just 10 months, followed a year later by the development of a similarly stunning Covid-19 antiviral.</p><p><blockquote>多尔斯滕说：“你能够打破这种类型的世界纪录，同时偶然获得大满贯，这不可能只是一件随机的事情。”他在试图说明辉瑞的双重胜利：在短短10个月内开发出了一种效果惊人的Covid-19疫苗，一年后又开发出了一种同样令人惊叹的Covid-19抗病毒药物。</blockquote></p><p> Two years ago, Pfizer (ticker: PFE) CEO Albert Bourla asked investors to take a big gamble on the research-and-development operation that Dolsten has rebuilt over the course of more than a decade. That bet is looking smarter than ever.</p><p><blockquote>两年前，辉瑞（股票代码：PFE）首席执行官阿尔伯特·布尔拉（Albert Bourla）要求投资者对多尔斯滕十多年来重建的研发业务进行豪赌。这个赌注看起来比以往任何时候都更聪明。</blockquote></p><p> Bourla has gotten rid of Pfizer’s off-patent drugs division and the last of its consumer health products, leaving behind a pure-play biopharma company that will live or die on the strength of Dolsten’s science.</p><p><blockquote>Bourla已经摆脱了辉瑞的非专利药物部门及其最后的消费者健康产品，留下了一家纯粹的生物制药公司，该公司的生死存亡都取决于Dolsten的科学实力。</blockquote></p><p> In a cover story in November 2019, <i>Barron’s</i> argued that Bourla and Dolsten could pull it off.</p><p><blockquote>在2019年11月的一篇封面报道中，<i>巴伦周刊</i>认为布尔拉和多尔斯滕可以成功。</blockquote></p><p> The new antiviral data reaffirms the case for Pfizer that <i>Barron’s</i> made two years ago. Continuing to profit off the pandemic, however, brings new risks, as criticism grows over the global inequity in vaccine distribution. Low-income nations account for less than 1% of the more than seven billion doses administered worldwide. If distribution of Pfizer’s antiviral continues to favor wealthy nations, the company’s stock could ultimately suffer.</p><p><blockquote>新的抗病毒数据再次证实了辉瑞的理由<i>巴伦周刊</i>两年前做的。然而，随着对全球疫苗分配不平等的批评越来越多，继续从大流行中获利会带来新的风险。在全球超过70亿剂疫苗中，低收入国家仅占不到1%。如果辉瑞抗病毒药物的分销继续有利于富裕国家，该公司的股票最终可能会受到影响。</blockquote></p><p> Pfizer’s shares surged 10.9% the day the data came out, their best daily showing in at least 20 years. Still, with the stock now changing hands at around $50, investors continue to undervalue the company. Investors are pricing Pfizer at 12 times next year’s expected earnings, cheaper than peers like&nbsp;Johnson &amp; Johnson&nbsp;(JNJ) and&nbsp;Eli Lilly&nbsp;(LLY).</p><p><blockquote>数据公布当天，辉瑞股价飙升10.9%，创下至少20年来的最佳单日表现。尽管如此，由于该股目前易手价格约为50美元，投资者继续低估该公司的价值。投资者对辉瑞的定价是明年预期收益的12倍，低于强生(JNJ)和礼来(LLY)等同行。</blockquote></p><p> The Pfizer discount can be attributed to concerns over the patent cliff the drugmaker faces at the end of the decade. The company stands to lose exclusivity over a handful of drugs that bring in billions in annual revenue.</p><p><blockquote>辉瑞的折扣可归因于对该制药商在本世纪末面临专利悬崖的担忧。该公司将失去对少数年收入数十亿美元的药物的独家经营权。</blockquote></p><p> The worries are legitimate, but Pfizer’s scientific coup should give investors confidence that the company’s science can carry it safely over that cliff. It may take time for the market to catch up, but for long-term investors, it’s a promising opportunity.</p><p><blockquote>这些担忧是合理的，但辉瑞的科学政变应该让投资者相信该公司的科学能够安全地越过悬崖。市场可能需要时间才能赶上，但对于长期投资者来说，这是一个充满希望的机会。</blockquote></p><p> The success of the antiviral is the best illustration yet of Pfizer’s scientific prowess.</p><p><blockquote>抗病毒药物的成功是辉瑞科学实力的最佳例证。</blockquote></p><p> While Pfizer’s Covid-19 vaccine came out of the labs of the German biotech&nbsp;BioNTech&nbsp;(BNTX), the new Covid-19 antiviral was whipped up by what Dolsten called a “dream team” of scientists at Pfizer’s own labs across the Northeast U.S.</p><p><blockquote>虽然辉瑞的新冠肺炎疫苗来自德国生物技术公司BioNTech(BNTX)的实验室，但新的新冠肺炎抗病毒药物是由多尔斯滕所说的辉瑞位于美国东北部实验室的科学家“梦之队”研制出来的。</blockquote></p><p> In the earliest days of the pandemic, Pfizer split its efforts between its collaboration with BioNTech on the vaccine and its quest for a Covid-19 pill. The vaccine effort operated on a huge scale; Dolsten called it a “mega team” that spanned the Atlantic.</p><p><blockquote>在大流行的早期，辉瑞公司将其努力分为与BioNTech在疫苗上的合作和对新冠肺炎药丸的探索。疫苗工作规模巨大；多尔斯滕称之为横跨大西洋的“巨型团队”。</blockquote></p><p> The antiviral project was a much smaller operation—a group of Pfizer experts operating with resources left over from the vaccine push.</p><p><blockquote>抗病毒项目规模要小得多——一组辉瑞专家利用疫苗推广剩余的资源进行运营。</blockquote></p><p> “The small molecule was more like a nimble, laser-focused, high-end team, with rather moderate resources,” Dolsten said.</p><p><blockquote>“小分子更像是一个灵活、专注于激光的高端团队，拥有相当适中的资源，”多尔斯滕说。</blockquote></p><p> Dolsten gathered some of Pfizer’s most experienced scientists to work on the antiviral project, including its head of medicine design, Charlotte Allerton. The scientists started with work Pfizer had done years ago on a type of antiviral called a protease inhibitor.</p><p><blockquote>多尔斯滕召集了辉瑞公司一些最有经验的科学家参与抗病毒项目，其中包括药物设计主管夏洛特·阿勒顿。科学家们从辉瑞公司多年前在一种叫做蛋白酶抑制剂的抗病毒药物上所做的工作开始。</blockquote></p><p> “[Pfizer’s] pharmaceutical R&amp;D is better than people had thought.”</p><p><blockquote>“（辉瑞的）制药研发比人们想象的要好。”</blockquote></p><p> The protease inhibitors in the Pfizer library, however, had been administered intravenously, and had not worked well when delivered orally. The team had to figure out how to adapt the drugs to oral administration, a substantial undertaking.</p><p><blockquote>然而，辉瑞文库中的蛋白酶抑制剂已经静脉内施用，并且当口服递送时效果不佳。该团队必须弄清楚如何使药物适应口服给药，这是一项艰巨的任务。</blockquote></p><p> “They had to really create a lot of new chemistry,” Dolsten said. The scientists created 600 compounds to nail down the right drug, a process that might normally take years, and which they accomplished in a matter of months. “Four years turned into four months here,” he said.</p><p><blockquote>“他们必须真正创造很多新的化学反应，”多尔斯滕说。科学家们创造了600种化合物来确定正确的药物，这个过程通常可能需要数年时间，但他们在几个月内就完成了。“在这里，四年变成了四个月，”他说。</blockquote></p><p> Pfizer started testing the pill in humans in March. It is now running a number of Phase 2/3 trials of the drug, including one for patients who are high risk, one for patients not high risk, and one as a prophylaxis for patients who have been exposed to the virus but aren’t yet sick. In the first readout, the drug looked substantially more effective than the Covid treatment pill from&nbsp;Merck&nbsp;(MRK).</p><p><blockquote>辉瑞公司于三月份开始在人体中测试这种药物。该公司目前正在进行该药物的多项2/3期试验，包括一项针对高风险患者，一项针对非高风险患者，以及一项针对接触过病毒但尚未患病的患者的预防试验。在第一次读数中，该药物看起来比默克公司(MRK)的新冠治疗药物有效得多。</blockquote></p><p> “It definitely helps prove the point that [Pfizer’s] pharmaceutical R&amp;D is better than people had thought,” says Louise Chen, an analyst at Cantor Fitzgerald, who has an Overweight rating and a $61 price target on the stock.</p><p><blockquote>Cantor Fitzgerald分析师Louise Chen表示：“这无疑有助于证明辉瑞的制药研发比人们想象的要好。”她对该股给予跑赢大盘评级，目标价为61美元。</blockquote></p><p></p><p> Chen says that she doesn’t expect investors to come around to her way of thinking until there is more clarity on the durability of Covid-19 vaccine and pill sales, and the rest of the pipeline gets proved out.</p><p><blockquote>陈表示，在Covid-19疫苗和药丸销售的持久性更加明确以及其余产品得到证实之前，她预计投资者不会接受她的想法。</blockquote></p><p> “There is not one event that I think will trigger a re-rating of the stock at the next level,” she says. “Until those things play out, I don’t think that it necessarily will.”</p><p><blockquote>“我认为没有一个事件会引发该股下一个级别的重新评级，”她说。“在这些事情发生之前，我认为不一定会发生。”</blockquote></p><p> That makes a bet on Pfizer a long-term play. In the meantime, the experience of&nbsp;Moderna&nbsp;(MRNA) in recent weeks is highlighting the potential for the vaccine makers to come under scrutiny over unequal distribution of vaccines.</p><p><blockquote>这使得对辉瑞的押注成为一项长期投资。与此同时，Moderna(MRNA)最近几周的经历凸显了疫苗制造商因疫苗分配不平等而受到审查的可能性。</blockquote></p><p> Biden administration officials have been increasingly frustrated with Moderna, calling on the company to ramp up production so it can offer more doses at not-for-profit prices to low-income countries, with one top official calling on the company to “step up.”</p><p><blockquote>拜登政府官员对Moderna越来越失望，呼吁该公司提高产量，以便能够以非营利价格向低收入国家提供更多剂量，一位高级官员呼吁该公司“挺身而出”。</blockquote></p><p> Moderna shares are down more than 40% over the past three months.</p><p><blockquote>Moderna股价在过去三个月下跌了40%以上。</blockquote></p><p> As the pandemic persists, Pfizer risks eroding the enormous goodwill it earned roughly a year ago when it introduced its Covid-19 vaccine. Earlier this month, Pfizer CEO Bourla blamed low-income countries for unfair vaccine distribution, telling <i>Barron’s</i> that it was their fault for not placing orders. Pfizer has sold a billion vaccine doses to the U.S. at a not-for-profit price to donate to poor countries, and says that a total of at least two billion doses will be delivered to low- and middle-income nations by the end of next year.</p><p><blockquote>随着疫情的持续，辉瑞面临着侵蚀大约一年前推出Covid-19疫苗时赢得的巨大商誉的风险。本月早些时候，辉瑞首席执行官布尔拉指责低收入国家疫苗分配不公平，告诉<i>巴伦周刊</i>没有下订单是他们的错。辉瑞公司已以非营利价格向美国出售了10亿剂疫苗，捐赠给贫穷国家，并表示到明年年底将向中低收入国家提供总计至少20亿剂疫苗。</blockquote></p><p> When it comes to antivirals, Pfizer has said only that it will offer tiered pricing for poorer nations, the same approach it has taken with its vaccine.</p><p><blockquote>在抗病毒药物方面，辉瑞仅表示将为较贫穷国家提供分级定价，与其疫苗采取的方法相同。</blockquote></p><p> That contrasts sharply with Merck’s plan to make its own Covid-19 pill available to poor countries. Merck has signed a deal with a United Nations-backed group that will allow its pill to be licensed globally, with no royalties paid to Merck.</p><p><blockquote>这与默克公司向贫穷国家提供自己的Covid-19药丸的计划形成鲜明对比。默克公司已与一个联合国支持的组织签署了一项协议，允许其药丸在全球范围内获得许可，无需向默克公司支付特许权使用费。</blockquote></p><p> Dolsten said that Pfizer is looking into licensing its pill under a similar mechanism as Merck’s. “We will look at those options,” he said. “By no means have we said we would do something different. We just want to make sure whoever will be involved gets the advice and skill to do this.”</p><p><blockquote>多尔斯滕表示，辉瑞正在考虑根据与默克类似的机制许可其药物。“我们将考虑这些选择，”他说。“我们绝不是说我们会做一些不同的事情。我们只是想确保参与其中的人都能获得这样做的建议和技能。”</blockquote></p><p> Such a step couldn’t come soon enough. Late last month, activists protested outside Bourla’s home, calling on Pfizer to share its vaccine manufacturing technology and to fill orders from low-income countries ahead of those from wealthy countries.</p><p><blockquote>这样的一步来得太快了。上月底，活动人士在布尔拉家外抗议，呼吁辉瑞分享其疫苗制造技术，并在富裕国家之前完成低收入国家的订单。</blockquote></p><p> An aggressive plan to share its antiviral would help stave off such criticism, keeping Pfizer in the relative good graces of Washington and allowing its impressive science to continue to drive the stock higher.</p><p><blockquote>分享其抗病毒药物的积极计划将有助于避免此类批评，使辉瑞公司相对受到华盛顿的青睐，并使其令人印象深刻的科学知识继续推动股价走高。</blockquote></p><p></p>","source":"lsy1601382232898","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>Pfizer Shows Its R&D Is Strong. It’s a Good Sign for the Stock.<blockquote>辉瑞显示其研发实力雄厚。这对该股来说是一个好兆头。</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\">\nPfizer Shows Its R&D Is Strong. It’s a Good Sign for the Stock.<blockquote>辉瑞显示其研发实力雄厚。这对该股来说是一个好兆头。</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Barrons</strong><span class=\"h-time small\">2021-11-13 11:00</span>\n</p>\n</h4>\n</header>\n<article>\n<p>Pfizer’s&nbsp;chief scientific officer, Mikael Dolsten, sounded giddy when reached via telephone early Monday morning. It was just days after his company knocked the socks off the market with the news that its Covid-19 antiviral had cut the risk of hospitalization by 89% in high-risk adults.</p><p><blockquote>周一早上，辉瑞公司首席科学官米凯尔·多尔斯滕(Mikael Dolsten)接到电话时，听起来很头晕。就在几天前，他的公司宣布其Covid-19抗病毒药物将高危成年人的住院风险降低了89%。</blockquote></p><p> “It can’t be just a random thing, that you’re able to beat this type of world record and get a grand slam at the same time by chance,” Dolsten said, scrambling sports metaphors as he sought to illustrate the magnitude of Pfizer’s twin wins: the development of a stunningly effective Covid-19 vaccine in just 10 months, followed a year later by the development of a similarly stunning Covid-19 antiviral.</p><p><blockquote>多尔斯滕说：“你能够打破这种类型的世界纪录，同时偶然获得大满贯，这不可能只是一件随机的事情。”他在试图说明辉瑞的双重胜利：在短短10个月内开发出了一种效果惊人的Covid-19疫苗，一年后又开发出了一种同样令人惊叹的Covid-19抗病毒药物。</blockquote></p><p> Two years ago, Pfizer (ticker: PFE) CEO Albert Bourla asked investors to take a big gamble on the research-and-development operation that Dolsten has rebuilt over the course of more than a decade. That bet is looking smarter than ever.</p><p><blockquote>两年前，辉瑞（股票代码：PFE）首席执行官阿尔伯特·布尔拉（Albert Bourla）要求投资者对多尔斯滕十多年来重建的研发业务进行豪赌。这个赌注看起来比以往任何时候都更聪明。</blockquote></p><p> Bourla has gotten rid of Pfizer’s off-patent drugs division and the last of its consumer health products, leaving behind a pure-play biopharma company that will live or die on the strength of Dolsten’s science.</p><p><blockquote>Bourla已经摆脱了辉瑞的非专利药物部门及其最后的消费者健康产品，留下了一家纯粹的生物制药公司，该公司的生死存亡都取决于Dolsten的科学实力。</blockquote></p><p> In a cover story in November 2019, <i>Barron’s</i> argued that Bourla and Dolsten could pull it off.</p><p><blockquote>在2019年11月的一篇封面报道中，<i>巴伦周刊</i>认为布尔拉和多尔斯滕可以成功。</blockquote></p><p> The new antiviral data reaffirms the case for Pfizer that <i>Barron’s</i> made two years ago. Continuing to profit off the pandemic, however, brings new risks, as criticism grows over the global inequity in vaccine distribution. Low-income nations account for less than 1% of the more than seven billion doses administered worldwide. If distribution of Pfizer’s antiviral continues to favor wealthy nations, the company’s stock could ultimately suffer.</p><p><blockquote>新的抗病毒数据再次证实了辉瑞的理由<i>巴伦周刊</i>两年前做的。然而，随着对全球疫苗分配不平等的批评越来越多，继续从大流行中获利会带来新的风险。在全球超过70亿剂疫苗中，低收入国家仅占不到1%。如果辉瑞抗病毒药物的分销继续有利于富裕国家，该公司的股票最终可能会受到影响。</blockquote></p><p> Pfizer’s shares surged 10.9% the day the data came out, their best daily showing in at least 20 years. Still, with the stock now changing hands at around $50, investors continue to undervalue the company. Investors are pricing Pfizer at 12 times next year’s expected earnings, cheaper than peers like&nbsp;Johnson &amp; Johnson&nbsp;(JNJ) and&nbsp;Eli Lilly&nbsp;(LLY).</p><p><blockquote>数据公布当天，辉瑞股价飙升10.9%，创下至少20年来的最佳单日表现。尽管如此，由于该股目前易手价格约为50美元，投资者继续低估该公司的价值。投资者对辉瑞的定价是明年预期收益的12倍，低于强生(JNJ)和礼来(LLY)等同行。</blockquote></p><p> The Pfizer discount can be attributed to concerns over the patent cliff the drugmaker faces at the end of the decade. The company stands to lose exclusivity over a handful of drugs that bring in billions in annual revenue.</p><p><blockquote>辉瑞的折扣可归因于对该制药商在本世纪末面临专利悬崖的担忧。该公司将失去对少数年收入数十亿美元的药物的独家经营权。</blockquote></p><p> The worries are legitimate, but Pfizer’s scientific coup should give investors confidence that the company’s science can carry it safely over that cliff. It may take time for the market to catch up, but for long-term investors, it’s a promising opportunity.</p><p><blockquote>这些担忧是合理的，但辉瑞的科学政变应该让投资者相信该公司的科学能够安全地越过悬崖。市场可能需要时间才能赶上，但对于长期投资者来说，这是一个充满希望的机会。</blockquote></p><p> The success of the antiviral is the best illustration yet of Pfizer’s scientific prowess.</p><p><blockquote>抗病毒药物的成功是辉瑞科学实力的最佳例证。</blockquote></p><p> While Pfizer’s Covid-19 vaccine came out of the labs of the German biotech&nbsp;BioNTech&nbsp;(BNTX), the new Covid-19 antiviral was whipped up by what Dolsten called a “dream team” of scientists at Pfizer’s own labs across the Northeast U.S.</p><p><blockquote>虽然辉瑞的新冠肺炎疫苗来自德国生物技术公司BioNTech(BNTX)的实验室，但新的新冠肺炎抗病毒药物是由多尔斯滕所说的辉瑞位于美国东北部实验室的科学家“梦之队”研制出来的。</blockquote></p><p> In the earliest days of the pandemic, Pfizer split its efforts between its collaboration with BioNTech on the vaccine and its quest for a Covid-19 pill. The vaccine effort operated on a huge scale; Dolsten called it a “mega team” that spanned the Atlantic.</p><p><blockquote>在大流行的早期，辉瑞公司将其努力分为与BioNTech在疫苗上的合作和对新冠肺炎药丸的探索。疫苗工作规模巨大；多尔斯滕称之为横跨大西洋的“巨型团队”。</blockquote></p><p> The antiviral project was a much smaller operation—a group of Pfizer experts operating with resources left over from the vaccine push.</p><p><blockquote>抗病毒项目规模要小得多——一组辉瑞专家利用疫苗推广剩余的资源进行运营。</blockquote></p><p> “The small molecule was more like a nimble, laser-focused, high-end team, with rather moderate resources,” Dolsten said.</p><p><blockquote>“小分子更像是一个灵活、专注于激光的高端团队，拥有相当适中的资源，”多尔斯滕说。</blockquote></p><p> Dolsten gathered some of Pfizer’s most experienced scientists to work on the antiviral project, including its head of medicine design, Charlotte Allerton. The scientists started with work Pfizer had done years ago on a type of antiviral called a protease inhibitor.</p><p><blockquote>多尔斯滕召集了辉瑞公司一些最有经验的科学家参与抗病毒项目，其中包括药物设计主管夏洛特·阿勒顿。科学家们从辉瑞公司多年前在一种叫做蛋白酶抑制剂的抗病毒药物上所做的工作开始。</blockquote></p><p> “[Pfizer’s] pharmaceutical R&amp;D is better than people had thought.”</p><p><blockquote>“（辉瑞的）制药研发比人们想象的要好。”</blockquote></p><p> The protease inhibitors in the Pfizer library, however, had been administered intravenously, and had not worked well when delivered orally. The team had to figure out how to adapt the drugs to oral administration, a substantial undertaking.</p><p><blockquote>然而，辉瑞文库中的蛋白酶抑制剂已经静脉内施用，并且当口服递送时效果不佳。该团队必须弄清楚如何使药物适应口服给药，这是一项艰巨的任务。</blockquote></p><p> “They had to really create a lot of new chemistry,” Dolsten said. The scientists created 600 compounds to nail down the right drug, a process that might normally take years, and which they accomplished in a matter of months. “Four years turned into four months here,” he said.</p><p><blockquote>“他们必须真正创造很多新的化学反应，”多尔斯滕说。科学家们创造了600种化合物来确定正确的药物，这个过程通常可能需要数年时间，但他们在几个月内就完成了。“在这里，四年变成了四个月，”他说。</blockquote></p><p> Pfizer started testing the pill in humans in March. It is now running a number of Phase 2/3 trials of the drug, including one for patients who are high risk, one for patients not high risk, and one as a prophylaxis for patients who have been exposed to the virus but aren’t yet sick. In the first readout, the drug looked substantially more effective than the Covid treatment pill from&nbsp;Merck&nbsp;(MRK).</p><p><blockquote>辉瑞公司于三月份开始在人体中测试这种药物。该公司目前正在进行该药物的多项2/3期试验，包括一项针对高风险患者，一项针对非高风险患者，以及一项针对接触过病毒但尚未患病的患者的预防试验。在第一次读数中，该药物看起来比默克公司(MRK)的新冠治疗药物有效得多。</blockquote></p><p> “It definitely helps prove the point that [Pfizer’s] pharmaceutical R&amp;D is better than people had thought,” says Louise Chen, an analyst at Cantor Fitzgerald, who has an Overweight rating and a $61 price target on the stock.</p><p><blockquote>Cantor Fitzgerald分析师Louise Chen表示：“这无疑有助于证明辉瑞的制药研发比人们想象的要好。”她对该股给予跑赢大盘评级，目标价为61美元。</blockquote></p><p></p><p> Chen says that she doesn’t expect investors to come around to her way of thinking until there is more clarity on the durability of Covid-19 vaccine and pill sales, and the rest of the pipeline gets proved out.</p><p><blockquote>陈表示，在Covid-19疫苗和药丸销售的持久性更加明确以及其余产品得到证实之前，她预计投资者不会接受她的想法。</blockquote></p><p> “There is not one event that I think will trigger a re-rating of the stock at the next level,” she says. “Until those things play out, I don’t think that it necessarily will.”</p><p><blockquote>“我认为没有一个事件会引发该股下一个级别的重新评级，”她说。“在这些事情发生之前，我认为不一定会发生。”</blockquote></p><p> That makes a bet on Pfizer a long-term play. In the meantime, the experience of&nbsp;Moderna&nbsp;(MRNA) in recent weeks is highlighting the potential for the vaccine makers to come under scrutiny over unequal distribution of vaccines.</p><p><blockquote>这使得对辉瑞的押注成为一项长期投资。与此同时，Moderna(MRNA)最近几周的经历凸显了疫苗制造商因疫苗分配不平等而受到审查的可能性。</blockquote></p><p> Biden administration officials have been increasingly frustrated with Moderna, calling on the company to ramp up production so it can offer more doses at not-for-profit prices to low-income countries, with one top official calling on the company to “step up.”</p><p><blockquote>拜登政府官员对Moderna越来越失望，呼吁该公司提高产量，以便能够以非营利价格向低收入国家提供更多剂量，一位高级官员呼吁该公司“挺身而出”。</blockquote></p><p> Moderna shares are down more than 40% over the past three months.</p><p><blockquote>Moderna股价在过去三个月下跌了40%以上。</blockquote></p><p> As the pandemic persists, Pfizer risks eroding the enormous goodwill it earned roughly a year ago when it introduced its Covid-19 vaccine. Earlier this month, Pfizer CEO Bourla blamed low-income countries for unfair vaccine distribution, telling <i>Barron’s</i> that it was their fault for not placing orders. Pfizer has sold a billion vaccine doses to the U.S. at a not-for-profit price to donate to poor countries, and says that a total of at least two billion doses will be delivered to low- and middle-income nations by the end of next year.</p><p><blockquote>随着疫情的持续，辉瑞面临着侵蚀大约一年前推出Covid-19疫苗时赢得的巨大商誉的风险。本月早些时候，辉瑞首席执行官布尔拉指责低收入国家疫苗分配不公平，告诉<i>巴伦周刊</i>没有下订单是他们的错。辉瑞公司已以非营利价格向美国出售了10亿剂疫苗，捐赠给贫穷国家，并表示到明年年底将向中低收入国家提供总计至少20亿剂疫苗。</blockquote></p><p> When it comes to antivirals, Pfizer has said only that it will offer tiered pricing for poorer nations, the same approach it has taken with its vaccine.</p><p><blockquote>在抗病毒药物方面，辉瑞仅表示将为较贫穷国家提供分级定价，与其疫苗采取的方法相同。</blockquote></p><p> That contrasts sharply with Merck’s plan to make its own Covid-19 pill available to poor countries. Merck has signed a deal with a United Nations-backed group that will allow its pill to be licensed globally, with no royalties paid to Merck.</p><p><blockquote>这与默克公司向贫穷国家提供自己的Covid-19药丸的计划形成鲜明对比。默克公司已与一个联合国支持的组织签署了一项协议，允许其药丸在全球范围内获得许可，无需向默克公司支付特许权使用费。</blockquote></p><p> Dolsten said that Pfizer is looking into licensing its pill under a similar mechanism as Merck’s. “We will look at those options,” he said. “By no means have we said we would do something different. We just want to make sure whoever will be involved gets the advice and skill to do this.”</p><p><blockquote>多尔斯滕表示，辉瑞正在考虑根据与默克类似的机制许可其药物。“我们将考虑这些选择，”他说。“我们绝不是说我们会做一些不同的事情。我们只是想确保参与其中的人都能获得这样做的建议和技能。”</blockquote></p><p> Such a step couldn’t come soon enough. Late last month, activists protested outside Bourla’s home, calling on Pfizer to share its vaccine manufacturing technology and to fill orders from low-income countries ahead of those from wealthy countries.</p><p><blockquote>这样的一步来得太快了。上月底，活动人士在布尔拉家外抗议，呼吁辉瑞分享其疫苗制造技术，并在富裕国家之前完成低收入国家的订单。</blockquote></p><p> An aggressive plan to share its antiviral would help stave off such criticism, keeping Pfizer in the relative good graces of Washington and allowing its impressive science to continue to drive the stock higher.</p><p><blockquote>分享其抗病毒药物的积极计划将有助于避免此类批评，使辉瑞公司相对受到华盛顿的青睐，并使其令人印象深刻的科学知识继续推动股价走高。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.barrons.com/articles/buy-pfizer-stock-covid-19-51636674652?mod=hp_LEAD_1\">Barrons</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":{"PFE":"辉瑞"},"source_url":"https://www.barrons.com/articles/buy-pfizer-stock-covid-19-51636674652?mod=hp_LEAD_1","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1102251183","content_text":"Pfizer’s chief scientific officer, Mikael Dolsten, sounded giddy when reached via telephone early Monday morning. It was just days after his company knocked the socks off the market with the news that its Covid-19 antiviral had cut the risk of hospitalization by 89% in high-risk adults.\n“It can’t be just a random thing, that you’re able to beat this type of world record and get a grand slam at the same time by chance,” Dolsten said, scrambling sports metaphors as he sought to illustrate the magnitude of Pfizer’s twin wins: the development of a stunningly effective Covid-19 vaccine in just 10 months, followed a year later by the development of a similarly stunning Covid-19 antiviral.\nTwo years ago, Pfizer (ticker: PFE) CEO Albert Bourla asked investors to take a big gamble on the research-and-development operation that Dolsten has rebuilt over the course of more than a decade. That bet is looking smarter than ever.\nBourla has gotten rid of Pfizer’s off-patent drugs division and the last of its consumer health products, leaving behind a pure-play biopharma company that will live or die on the strength of Dolsten’s science.\nIn a cover story in November 2019, Barron’s argued that Bourla and Dolsten could pull it off.\nThe new antiviral data reaffirms the case for Pfizer that Barron’s made two years ago. Continuing to profit off the pandemic, however, brings new risks, as criticism grows over the global inequity in vaccine distribution. Low-income nations account for less than 1% of the more than seven billion doses administered worldwide. If distribution of Pfizer’s antiviral continues to favor wealthy nations, the company’s stock could ultimately suffer.\nPfizer’s shares surged 10.9% the day the data came out, their best daily showing in at least 20 years. Still, with the stock now changing hands at around $50, investors continue to undervalue the company. Investors are pricing Pfizer at 12 times next year’s expected earnings, cheaper than peers like Johnson & Johnson (JNJ) and Eli Lilly (LLY).\nThe Pfizer discount can be attributed to concerns over the patent cliff the drugmaker faces at the end of the decade. The company stands to lose exclusivity over a handful of drugs that bring in billions in annual revenue.\nThe worries are legitimate, but Pfizer’s scientific coup should give investors confidence that the company’s science can carry it safely over that cliff. It may take time for the market to catch up, but for long-term investors, it’s a promising opportunity.\nThe success of the antiviral is the best illustration yet of Pfizer’s scientific prowess.\nWhile Pfizer’s Covid-19 vaccine came out of the labs of the German biotech BioNTech (BNTX), the new Covid-19 antiviral was whipped up by what Dolsten called a “dream team” of scientists at Pfizer’s own labs across the Northeast U.S.\nIn the earliest days of the pandemic, Pfizer split its efforts between its collaboration with BioNTech on the vaccine and its quest for a Covid-19 pill. The vaccine effort operated on a huge scale; Dolsten called it a “mega team” that spanned the Atlantic.\nThe antiviral project was a much smaller operation—a group of Pfizer experts operating with resources left over from the vaccine push.\n“The small molecule was more like a nimble, laser-focused, high-end team, with rather moderate resources,” Dolsten said.\nDolsten gathered some of Pfizer’s most experienced scientists to work on the antiviral project, including its head of medicine design, Charlotte Allerton. The scientists started with work Pfizer had done years ago on a type of antiviral called a protease inhibitor.\n“[Pfizer’s] pharmaceutical R&D is better than people had thought.”\nThe protease inhibitors in the Pfizer library, however, had been administered intravenously, and had not worked well when delivered orally. The team had to figure out how to adapt the drugs to oral administration, a substantial undertaking.\n“They had to really create a lot of new chemistry,” Dolsten said. The scientists created 600 compounds to nail down the right drug, a process that might normally take years, and which they accomplished in a matter of months. “Four years turned into four months here,” he said.\nPfizer started testing the pill in humans in March. It is now running a number of Phase 2/3 trials of the drug, including one for patients who are high risk, one for patients not high risk, and one as a prophylaxis for patients who have been exposed to the virus but aren’t yet sick. In the first readout, the drug looked substantially more effective than the Covid treatment pill from Merck (MRK).\n“It definitely helps prove the point that [Pfizer’s] pharmaceutical R&D is better than people had thought,” says Louise Chen, an analyst at Cantor Fitzgerald, who has an Overweight rating and a $61 price target on the stock.\nChen says that she doesn’t expect investors to come around to her way of thinking until there is more clarity on the durability of Covid-19 vaccine and pill sales, and the rest of the pipeline gets proved out.\n“There is not one event that I think will trigger a re-rating of the stock at the next level,” she says. “Until those things play out, I don’t think that it necessarily will.”\nThat makes a bet on Pfizer a long-term play. In the meantime, the experience of Moderna (MRNA) in recent weeks is highlighting the potential for the vaccine makers to come under scrutiny over unequal distribution of vaccines.\nBiden administration officials have been increasingly frustrated with Moderna, calling on the company to ramp up production so it can offer more doses at not-for-profit prices to low-income countries, with one top official calling on the company to “step up.”\nModerna shares are down more than 40% over the past three months.\nAs the pandemic persists, Pfizer risks eroding the enormous goodwill it earned roughly a year ago when it introduced its Covid-19 vaccine. Earlier this month, Pfizer CEO Bourla blamed low-income countries for unfair vaccine distribution, telling Barron’s that it was their fault for not placing orders. Pfizer has sold a billion vaccine doses to the U.S. at a not-for-profit price to donate to poor countries, and says that a total of at least two billion doses will be delivered to low- and middle-income nations by the end of next year.\nWhen it comes to antivirals, Pfizer has said only that it will offer tiered pricing for poorer nations, the same approach it has taken with its vaccine.\nThat contrasts sharply with Merck’s plan to make its own Covid-19 pill available to poor countries. Merck has signed a deal with a United Nations-backed group that will allow its pill to be licensed globally, with no royalties paid to Merck.\nDolsten said that Pfizer is looking into licensing its pill under a similar mechanism as Merck’s. “We will look at those options,” he said. “By no means have we said we would do something different. We just want to make sure whoever will be involved gets the advice and skill to do this.”\nSuch a step couldn’t come soon enough. Late last month, activists protested outside Bourla’s home, calling on Pfizer to share its vaccine manufacturing technology and to fill orders from low-income countries ahead of those from wealthy countries.\nAn aggressive plan to share its antiviral would help stave off such criticism, keeping Pfizer in the relative good graces of Washington and allowing its impressive science to continue to drive the stock higher.","news_type":1,"symbols_score_info":{"PFE":0.9}},"isVote":1,"tweetType":1,"viewCount":870,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":179494899,"gmtCreate":1626570126611,"gmtModify":1633925855432,"author":{"id":"3559297454639767","authorId":"3559297454639767","name":"MJ2317","avatar":"https://static.tigerbbs.com/e630b11b8aefdaa3f6d659668006e6c9","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3559297454639767","authorIdStr":"3559297454639767"},"themes":[],"title":"","htmlText":"Pls 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like and comment&nbsp;","listText":"Pls like and comment&nbsp;","text":"Pls like and comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":4,"repostSize":0,"link":"https://laohu8.com/post/105054479","repostId":"1148686352","repostType":4,"repost":{"id":"1148686352","kind":"news","pubTimestamp":1620224535,"share":"https://www.laohu8.com/m/news/1148686352?lang=zh_CN&edition=full","pubTime":"2021-05-05 22:22","market":"us","language":"en","title":"This Day In Market History: Panic Of 1893 Crashes Stock Market<blockquote>市场历史上的这一天：1893年的恐慌导致股市崩盘</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1148686352","media":"benzinga","summary":"What Happened?On this day in 1893, U.S. stocks suffered their worst intraday loss in history at the ","content":"<p><div> What Happened?On this day in 1893, U.S. stocks suffered their worst intraday loss in history at the time. Where The Market Was:The Dow finished the day at 30.02. What Else Was Going On In The World?In...</p><p><blockquote><div>怎么回事？1893年的这一天，美股遭遇了当时历史上最严重的盘中跌幅。市场位置：道琼斯指数当天收于30.02点。世界上还发生了什么？在……</div></blockquote></p><p>  <a href=\"https://www.benzinga.com/general/education/21/05/20964728/this-day-in-market-history-panic-of-1893-crashes-stock-market\">网页链接</a>  </div> </p><p><blockquote><a href=\"https://www.benzinga.com/general/education/21/05/20964728/this-day-in-market-history-panic-of-1893-crashes-stock-market\">网页连接</a></blockquote></p><p></p>","source":"lsy1606299360108","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>This Day In Market History: Panic Of 1893 Crashes Stock Market<blockquote>市场历史上的这一天：1893年的恐慌导致股市崩盘</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\">\nThis Day In Market History: Panic Of 1893 Crashes Stock Market<blockquote>市场历史上的这一天：1893年的恐慌导致股市崩盘</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">benzinga</strong><span class=\"h-time small\">2021-05-05 22:22</span>\n</p>\n</h4>\n</header>\n<article>\n<p><div> What Happened?On this day in 1893, U.S. stocks suffered their worst intraday loss in history at the time. Where The Market Was:The Dow finished the day at 30.02. What Else Was Going On In The World?In...</p><p><blockquote><div>怎么回事？1893年的这一天，美股遭遇了当时历史上最严重的盘中跌幅。市场位置：道琼斯指数当天收于30.02点。世界上还发生了什么？在……</div></blockquote></p><p>  <a href=\"https://www.benzinga.com/general/education/21/05/20964728/this-day-in-market-history-panic-of-1893-crashes-stock-market\">网页链接</a>  </div> </p><p><blockquote><a href=\"https://www.benzinga.com/general/education/21/05/20964728/this-day-in-market-history-panic-of-1893-crashes-stock-market\">网页连接</a></blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.benzinga.com/general/education/21/05/20964728/this-day-in-market-history-panic-of-1893-crashes-stock-market\">benzinga</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":{},"source_url":"https://www.benzinga.com/general/education/21/05/20964728/this-day-in-market-history-panic-of-1893-crashes-stock-market","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1148686352","content_text":"What Happened?On this day in 1893, U.S. stocks suffered their worst intraday loss in history at the time.\nWhere The Market Was:The Dow finished the day at 30.02.\nWhat Else Was Going On In The World?In 1893, Thomas Edison completed the world’s first movie studio in West Orange, New Jersey. Lizzie Borden was acquitted of the ax murders of her father and stepmother. A fresh, one-pound beef steak cost 10 cents.\nPanic Of 1893:On May 5, 1893, the Dow Jones Index dropped more than 24% from 39.90 to 30.02. It would mark the worst intraday sell-off in U.S. history at the time, a record that would stand until 1929.\nThe Panic of 1893 was triggered in part by falling gold reserves in the U.S. Treasury. At the time, the U.S. was on the gold standard, meaning U.S. dollars could be redeemed for physical gold. When Treasury gold reserves dropped from $190 million in 1890 to $100 million by 1893, Americans grew concerned that the Treasury might run out of gold and began withdrawing bank notes and converting them to gold, placing extreme strain on the U.S. banking industry and credit markets.\nThe May 5 sell-off was triggered in part by the bankruptcy of Nation Cordage the day before.General Electric CompanyGE 0.34%shares dropped 28% on the day from $80 to $58.\nFortunately for investors, the Panic of 1893 didn’t last for long. By the end of the day, the market nearly completely recovered its losses. GE, for example, closed the session at $78.50.\nThe Panic of 1893 would ravage the U.S. economy, triggering a severe four-year depression. Roughly 14,000 U.S. businesses closed, and unemployment rose to 20%. The event would mark the worst economic downturn in U.S. history until the Great Depression began in 1929.","news_type":1,"symbols_score_info":{}},"isVote":1,"tweetType":1,"viewCount":504,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":370859005,"gmtCreate":1618575215707,"gmtModify":1634291992465,"author":{"id":"3559297454639767","authorId":"3559297454639767","name":"MJ2317","avatar":"https://static.tigerbbs.com/e630b11b8aefdaa3f6d659668006e6c9","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3559297454639767","idStr":"3559297454639767"},"themes":[],"title":"","htmlText":"Pls like n comment, thanks&nbsp;","listText":"Pls like n comment, thanks&nbsp;","text":"Pls like n comment, thanks","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":4,"repostSize":0,"link":"https://laohu8.com/post/370859005","repostId":"1180499171","repostType":4,"isVote":1,"tweetType":1,"viewCount":514,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":353978693,"gmtCreate":1616458695712,"gmtModify":1634525748475,"author":{"id":"3559297454639767","authorId":"3559297454639767","name":"MJ2317","avatar":"https://static.tigerbbs.com/e630b11b8aefdaa3f6d659668006e6c9","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3559297454639767","idStr":"3559297454639767"},"themes":[],"title":"","htmlText":"Please like and comment&nbsp;","listText":"Please like and comment&nbsp;","text":"Please like and comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":4,"repostSize":0,"link":"https://laohu8.com/post/353978693","repostId":"1162404568","repostType":4,"isVote":1,"tweetType":1,"viewCount":579,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":872459864,"gmtCreate":1637564295665,"gmtModify":1637564295831,"author":{"id":"3559297454639767","authorId":"3559297454639767","name":"MJ2317","avatar":"https://static.tigerbbs.com/e630b11b8aefdaa3f6d659668006e6c9","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3559297454639767","idStr":"3559297454639767"},"themes":[],"title":"","htmlText":"Ok&nbsp;","listText":"Ok&nbsp;","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":9,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/872459864","repostId":"1153786917","repostType":4,"repost":{"id":"1153786917","kind":"news","pubTimestamp":1637534687,"share":"https://www.laohu8.com/m/news/1153786917?lang=zh_CN&edition=full","pubTime":"2021-11-22 06:44","market":"us","language":"en","title":"Best Buy, Zoom, Pinduoduo, Xpeng,Xiaomi,Meituan and Other Stocks for Investors to Watch This Week<blockquote>百思买、Zoom、拼多多、小鹏汽车、小米、美团-W等本周值得投资者关注的股票</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1153786917","media":"Barrons","summary":"The tail end of third-quarter earnings season will bring more results from major retailers next week","content":"<p>The tail end of third-quarter earnings season will bring more results from major retailers next week, just as shoppers prepare for Black Friday. On Tuesday, investors will get quarterly results from some of retail’s biggest names, including&nbsp;Best Buy,Burlington Stores,Dick’s Sporting Goods,Dollar Tree,and&nbsp;Gap.</p><p><blockquote>就在购物者为黑色星期五做准备之际，第三季度财报季的尾声将在下周带来更多主要零售商的业绩。周二，投资者将获得一些零售业巨头的季度业绩，包括百思买、伯灵顿商店、迪克体育用品、美元树和Gap。</blockquote></p><p> Friday will bring one of the busiest shopping days of the year and the traditional kick off for holiday shopping season. The National Retail Federation estimates that a record $851 billion will be spent by U.S. consumers this November and December, a 9.5% increase from last year.</p><p><blockquote>周五将是一年中最繁忙的购物日之一，也是假日购物季的传统开始。美国零售联合会估计，今年11月和12月，美国消费者的支出将达到创纪录的8510亿美元，比去年增长9.5%。</blockquote></p><p> Non-retail highlights on the earnings calendar next week include&nbsp;Zoom Video Communications on Monday,Xpeng,Xiaomi Corporation,Autodesk,Dell Technologies,and&nbsp;VMware&nbsp;on Tuesday, Deere&nbsp;on Wednesday&nbsp;and&nbsp;Pinduoduo,Meituan and RLX Technology&nbsp;on Friday.</p><p><blockquote>下周财报日历上的非零售亮点包括周一的Zoom Video通信、周二的小鹏汽车、小米公司、欧特克、戴尔科技和VMware、周三的Deere以及周五的拼多多、美团-W和RLX科技。</blockquote></p><p> The National Association of Realtors reports existing-home sales for October on Monday. The consensus estimate is for a seasonally adjusted annual rate of 6.19 million homes sold, 100,000 fewer than in September.</p><p><blockquote>全国房地产经纪人协会周一公布了10月份的现房销售情况。市场普遍估计，经季节调整后，房屋销售量为619万套，比9月份减少10万套。</blockquote></p><p> On Tuesday,IHS Markit&nbsp;releases both the manufacturing and services purchasing managers’ indexes for November. Expectations are for a 59.5 reading for the manufacturing PMI and 59 for the services PMI.</p><p><blockquote>周二，IHS Markit发布了11月份制造业和服务业采购经理人指数。预期制造业PMI为59.5，服务业PMI为59。</blockquote></p><p> On Wednesday, the Federal Open Market Committee releases minutes from its early-November monetary-policy meeting. The U.S. Census Bureau also releases the durable-goods report for October, while the U.S. Bureau of Economic Analysis reports personal income and spending for October.</p><p><blockquote>周三，联邦公开市场委员会公布了11月初货币政策会议纪要。美国人口普查局还发布10月份耐用品报告，而美国经济分析局则报告10月份个人收入和支出。</blockquote></p><p> U.S. bourses and fixed-income markets will be closed on Thursday for Thanksgiving. On Friday, the Nasdaq and New York Stock Exchange end trading at 1 p.m., while the bond market closes at 2 p.m.</p><p><blockquote>美国股市和固定收益市场将于周四因感恩节休市。周五，纳斯达克和纽约证券交易所下午1点结束交易，而债券市场下午2点收盘。</blockquote></p><p> Agilent Technologies,Keysight Technologies,and Zoom Video Communications release quarterly results.</p><p><blockquote>安捷伦科技、是德科技、Zoom Video通信发布季度业绩。</blockquote></p><p> <b>The National Association</b> of Realtors reports existing-home sales for October. The consensus estimate is for a seasonally adjusted annual rate of 6.19 million homes sold, 100,000 fewer than in September. Existing-home sales hit their post-financial-crisis peak at 6.73 million last October and have fallen for much of this year, partly due to supply constraints, especially at the lower-price end of the housing market.</p><p><blockquote><b>全国协会</b>房地产经纪人报告10月份现房销售情况。市场普遍估计，经季节调整后，房屋销售量为619万套，比9月份减少10万套。去年10月，成屋销量达到金融危机后的峰值673万套，今年大部分时间都在下降，部分原因是供应限制，尤其是在房地产市场的低端。</blockquote></p><p> Analog Devices,Autodesk, Best Buy, Burlington Stores, Dell Technologies, Dick’s Sporting Goods, Dollar Tree, Gap,HPInc.,J.M. Smucker, Jacobs Engineering Group,Medtronic,and VMware report earnings.</p><p><blockquote>ADI公司、欧特克公司、百思买公司、伯灵顿商店公司、戴尔技术公司、迪克体育用品公司、美元树公司、Gap公司、HPInc公司。，J.MSmucker、Jacobs Engineering Group、Medtronic和VMware报告收益。</blockquote></p><p> <b>IHS Markit releases</b> both the Manufacturing and Services Purchasing Managers’ indexes for November. Expectations are for a 59.5 reading for the Manufacturing PMI and 59 for the Services PMI. Both figures are slightly more than the October data. Both indexes are off their peaks from earlier this year, but higher than their levels from a year ago.</p><p><blockquote><b>IHS Markit发布</b>11月份制造业和服务业采购经理人指数。预期制造业PMI为59.5，服务业PMI为59。这两个数字都略高于10月份的数据。这两个指数都脱离了今年早些时候的峰值，但高于一年前的水平。</blockquote></p><p> <b>The BEA reports</b> its second estimate of third-quarter gross domestic product. Economists forecast a 2.2% annualized rate of growth, higher than the BEA’s preliminary estimate of 2% from late October.</p><p><blockquote><b>东亚银行报告</b>其对第三季度国内生产总值的第二次估计。经济学家预测年化增长率为2.2%，高于东亚银行10月底初步估计的2%。</blockquote></p><p> Deere reports fiscal fourth-quarter 2021 results.</p><p><blockquote>Deere公布2021财年第四季度业绩。</blockquote></p><p> <b>The Federal Open Market</b> Committee releases minutes from its early-November monetary-policy meeting.</p><p><blockquote><b>联邦公开市场</b>委员会发布11月初货币政策会议纪要。</blockquote></p><p> <b>The Census Bureau</b> releases the durable-goods report for October. Economists forecast a 0.2% month-over-month increase in new orders for manufactured durable goods, to $262 billion. Excluding transportation, new orders are seen rising 0.5%, matching the September gain.</p><p><blockquote><b>人口普查局</b>发布10月份耐用品报告。经济学家预测耐用品新订单环比增长0.2%，达到2620亿美元。不包括运输，新订单预计将增长0.5%，与9月份的增幅持平。</blockquote></p><p> <b>The BEA reports</b> personal income and spending for October. The consensus call is for a 0.4% monthly increase in income after a 1% decline in September. Personal spending is expected to rise 1%, month over month, a faster clip than September’s 0.6% gain.</p><p><blockquote><b>东亚银行报告</b>10月份个人收入和支出。看涨期权普遍认为，继9月份收入下降1%后，每月收入将增长0.4%。个人支出预计将环比增长1%，快于9月份0.6%的增幅。</blockquote></p><p> <b>U.S. bourses</b> and fixed-income markets are closed in observance of Thanksgiving.</p><p><blockquote><b>美国证券交易所</b>固定收益市场因感恩节休市。</blockquote></p><p> <b>It’s Black Friday</b>, one of the busiest shopping days of the year and the traditional kickoff to the holiday shopping season. The National Retail Federation estimates that a record $851 billion will be spent by U.S. consumers this November and December, a 9.5% increase from last year. U.S. exchanges have a shortened trading session on the day after Thanksgiving. The Nasdaq and New York Stock Exchange end trading at 1 p.m., and the bond market closes at 2 p.m.</p><p><blockquote><b>今天是黑色星期五</b>这是一年中最繁忙的购物日之一，也是假日购物季的传统开始。美国零售联合会估计，今年11月和12月，美国消费者的支出将达到创纪录的8510亿美元，比去年增长9.5%。美国交易所在感恩节后的第二天缩短了交易时段。纳斯达克和纽约证券交易所下午1点结束交易，债券市场下午2点收盘。</blockquote></p><p></p>","source":"lsy1601382232898","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>Best Buy, Zoom, Pinduoduo, Xpeng,Xiaomi,Meituan and Other Stocks for Investors to Watch This Week<blockquote>百思买、Zoom、拼多多、小鹏汽车、小米、美团-W等本周值得投资者关注的股票</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\">\nBest Buy, Zoom, Pinduoduo, Xpeng,Xiaomi,Meituan and Other Stocks for Investors to Watch This Week<blockquote>百思买、Zoom、拼多多、小鹏汽车、小米、美团-W等本周值得投资者关注的股票</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Barrons</strong><span class=\"h-time small\">2021-11-22 06:44</span>\n</p>\n</h4>\n</header>\n<article>\n<p>The tail end of third-quarter earnings season will bring more results from major retailers next week, just as shoppers prepare for Black Friday. On Tuesday, investors will get quarterly results from some of retail’s biggest names, including&nbsp;Best Buy,Burlington Stores,Dick’s Sporting Goods,Dollar Tree,and&nbsp;Gap.</p><p><blockquote>就在购物者为黑色星期五做准备之际，第三季度财报季的尾声将在下周带来更多主要零售商的业绩。周二，投资者将获得一些零售业巨头的季度业绩，包括百思买、伯灵顿商店、迪克体育用品、美元树和Gap。</blockquote></p><p> Friday will bring one of the busiest shopping days of the year and the traditional kick off for holiday shopping season. The National Retail Federation estimates that a record $851 billion will be spent by U.S. consumers this November and December, a 9.5% increase from last year.</p><p><blockquote>周五将是一年中最繁忙的购物日之一，也是假日购物季的传统开始。美国零售联合会估计，今年11月和12月，美国消费者的支出将达到创纪录的8510亿美元，比去年增长9.5%。</blockquote></p><p> Non-retail highlights on the earnings calendar next week include&nbsp;Zoom Video Communications on Monday,Xpeng,Xiaomi Corporation,Autodesk,Dell Technologies,and&nbsp;VMware&nbsp;on Tuesday, Deere&nbsp;on Wednesday&nbsp;and&nbsp;Pinduoduo,Meituan and RLX Technology&nbsp;on Friday.</p><p><blockquote>下周财报日历上的非零售亮点包括周一的Zoom Video通信、周二的小鹏汽车、小米公司、欧特克、戴尔科技和VMware、周三的Deere以及周五的拼多多、美团-W和RLX科技。</blockquote></p><p> The National Association of Realtors reports existing-home sales for October on Monday. The consensus estimate is for a seasonally adjusted annual rate of 6.19 million homes sold, 100,000 fewer than in September.</p><p><blockquote>全国房地产经纪人协会周一公布了10月份的现房销售情况。市场普遍估计，经季节调整后，房屋销售量为619万套，比9月份减少10万套。</blockquote></p><p> On Tuesday,IHS Markit&nbsp;releases both the manufacturing and services purchasing managers’ indexes for November. Expectations are for a 59.5 reading for the manufacturing PMI and 59 for the services PMI.</p><p><blockquote>周二，IHS Markit发布了11月份制造业和服务业采购经理人指数。预期制造业PMI为59.5，服务业PMI为59。</blockquote></p><p> On Wednesday, the Federal Open Market Committee releases minutes from its early-November monetary-policy meeting. The U.S. Census Bureau also releases the durable-goods report for October, while the U.S. Bureau of Economic Analysis reports personal income and spending for October.</p><p><blockquote>周三，联邦公开市场委员会公布了11月初货币政策会议纪要。美国人口普查局还发布10月份耐用品报告，而美国经济分析局则报告10月份个人收入和支出。</blockquote></p><p> U.S. bourses and fixed-income markets will be closed on Thursday for Thanksgiving. On Friday, the Nasdaq and New York Stock Exchange end trading at 1 p.m., while the bond market closes at 2 p.m.</p><p><blockquote>美国股市和固定收益市场将于周四因感恩节休市。周五，纳斯达克和纽约证券交易所下午1点结束交易，而债券市场下午2点收盘。</blockquote></p><p> Agilent Technologies,Keysight Technologies,and Zoom Video Communications release quarterly results.</p><p><blockquote>安捷伦科技、是德科技、Zoom Video通信发布季度业绩。</blockquote></p><p> <b>The National Association</b> of Realtors reports existing-home sales for October. The consensus estimate is for a seasonally adjusted annual rate of 6.19 million homes sold, 100,000 fewer than in September. Existing-home sales hit their post-financial-crisis peak at 6.73 million last October and have fallen for much of this year, partly due to supply constraints, especially at the lower-price end of the housing market.</p><p><blockquote><b>全国协会</b>房地产经纪人报告10月份现房销售情况。市场普遍估计，经季节调整后，房屋销售量为619万套，比9月份减少10万套。去年10月，成屋销量达到金融危机后的峰值673万套，今年大部分时间都在下降，部分原因是供应限制，尤其是在房地产市场的低端。</blockquote></p><p> Analog Devices,Autodesk, Best Buy, Burlington Stores, Dell Technologies, Dick’s Sporting Goods, Dollar Tree, Gap,HPInc.,J.M. Smucker, Jacobs Engineering Group,Medtronic,and VMware report earnings.</p><p><blockquote>ADI公司、欧特克公司、百思买公司、伯灵顿商店公司、戴尔技术公司、迪克体育用品公司、美元树公司、Gap公司、HPInc公司。，J.MSmucker、Jacobs Engineering Group、Medtronic和VMware报告收益。</blockquote></p><p> <b>IHS Markit releases</b> both the Manufacturing and Services Purchasing Managers’ indexes for November. Expectations are for a 59.5 reading for the Manufacturing PMI and 59 for the Services PMI. Both figures are slightly more than the October data. Both indexes are off their peaks from earlier this year, but higher than their levels from a year ago.</p><p><blockquote><b>IHS Markit发布</b>11月份制造业和服务业采购经理人指数。预期制造业PMI为59.5，服务业PMI为59。这两个数字都略高于10月份的数据。这两个指数都脱离了今年早些时候的峰值，但高于一年前的水平。</blockquote></p><p> <b>The BEA reports</b> its second estimate of third-quarter gross domestic product. Economists forecast a 2.2% annualized rate of growth, higher than the BEA’s preliminary estimate of 2% from late October.</p><p><blockquote><b>东亚银行报告</b>其对第三季度国内生产总值的第二次估计。经济学家预测年化增长率为2.2%，高于东亚银行10月底初步估计的2%。</blockquote></p><p> Deere reports fiscal fourth-quarter 2021 results.</p><p><blockquote>Deere公布2021财年第四季度业绩。</blockquote></p><p> <b>The Federal Open Market</b> Committee releases minutes from its early-November monetary-policy meeting.</p><p><blockquote><b>联邦公开市场</b>委员会发布11月初货币政策会议纪要。</blockquote></p><p> <b>The Census Bureau</b> releases the durable-goods report for October. Economists forecast a 0.2% month-over-month increase in new orders for manufactured durable goods, to $262 billion. Excluding transportation, new orders are seen rising 0.5%, matching the September gain.</p><p><blockquote><b>人口普查局</b>发布10月份耐用品报告。经济学家预测耐用品新订单环比增长0.2%，达到2620亿美元。不包括运输，新订单预计将增长0.5%，与9月份的增幅持平。</blockquote></p><p> <b>The BEA reports</b> personal income and spending for October. The consensus call is for a 0.4% monthly increase in income after a 1% decline in September. Personal spending is expected to rise 1%, month over month, a faster clip than September’s 0.6% gain.</p><p><blockquote><b>东亚银行报告</b>10月份个人收入和支出。看涨期权普遍认为，继9月份收入下降1%后，每月收入将增长0.4%。个人支出预计将环比增长1%，快于9月份0.6%的增幅。</blockquote></p><p> <b>U.S. bourses</b> and fixed-income markets are closed in observance of Thanksgiving.</p><p><blockquote><b>美国证券交易所</b>固定收益市场因感恩节休市。</blockquote></p><p> <b>It’s Black Friday</b>, one of the busiest shopping days of the year and the traditional kickoff to the holiday shopping season. The National Retail Federation estimates that a record $851 billion will be spent by U.S. consumers this November and December, a 9.5% increase from last year. U.S. exchanges have a shortened trading session on the day after Thanksgiving. The Nasdaq and New York Stock Exchange end trading at 1 p.m., and the bond market closes at 2 p.m.</p><p><blockquote><b>今天是黑色星期五</b>这是一年中最繁忙的购物日之一，也是假日购物季的传统开始。美国零售联合会估计，今年11月和12月，美国消费者的支出将达到创纪录的8510亿美元，比去年增长9.5%。美国交易所在感恩节后的第二天缩短了交易时段。纳斯达克和纽约证券交易所下午1点结束交易，债券市场下午2点收盘。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.barrons.com/articles/best-buy-zoom-dell-deere-and-other-stocks-for-investors-to-watch-this-week-51637524800?mod=hp_LEAD_3\">Barrons</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":{"ZM":"Zoom","DELL":"戴尔",".IXIC":"NASDAQ Composite","BBY":"百思买",".SPX":"S&P 500 Index","DE":"迪尔股份有限公司",".DJI":"道琼斯"},"source_url":"https://www.barrons.com/articles/best-buy-zoom-dell-deere-and-other-stocks-for-investors-to-watch-this-week-51637524800?mod=hp_LEAD_3","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1153786917","content_text":"The tail end of third-quarter earnings season will bring more results from major retailers next week, just as shoppers prepare for Black Friday. On Tuesday, investors will get quarterly results from some of retail’s biggest names, including Best Buy,Burlington Stores,Dick’s Sporting Goods,Dollar Tree,and Gap.\nFriday will bring one of the busiest shopping days of the year and the traditional kick off for holiday shopping season. The National Retail Federation estimates that a record $851 billion will be spent by U.S. consumers this November and December, a 9.5% increase from last year.\nNon-retail highlights on the earnings calendar next week include Zoom Video Communications on Monday,Xpeng,Xiaomi Corporation,Autodesk,Dell Technologies,and VMware on Tuesday, Deere on Wednesday and Pinduoduo,Meituan and RLX Technology on Friday.\nThe National Association of Realtors reports existing-home sales for October on Monday. The consensus estimate is for a seasonally adjusted annual rate of 6.19 million homes sold, 100,000 fewer than in September.\nOn Tuesday,IHS Markit releases both the manufacturing and services purchasing managers’ indexes for November. Expectations are for a 59.5 reading for the manufacturing PMI and 59 for the services PMI.\nOn Wednesday, the Federal Open Market Committee releases minutes from its early-November monetary-policy meeting. The U.S. Census Bureau also releases the durable-goods report for October, while the U.S. Bureau of Economic Analysis reports personal income and spending for October.\nU.S. bourses and fixed-income markets will be closed on Thursday for Thanksgiving. On Friday, the Nasdaq and New York Stock Exchange end trading at 1 p.m., while the bond market closes at 2 p.m.\nAgilent Technologies,Keysight Technologies,and Zoom Video Communications release quarterly results.\nThe National Association of Realtors reports existing-home sales for October. The consensus estimate is for a seasonally adjusted annual rate of 6.19 million homes sold, 100,000 fewer than in September. Existing-home sales hit their post-financial-crisis peak at 6.73 million last October and have fallen for much of this year, partly due to supply constraints, especially at the lower-price end of the housing market.\nAnalog Devices,Autodesk, Best Buy, Burlington Stores, Dell Technologies, Dick’s Sporting Goods, Dollar Tree, Gap,HPInc.,J.M. Smucker, Jacobs Engineering Group,Medtronic,and VMware report earnings.\nIHS Markit releases both the Manufacturing and Services Purchasing Managers’ indexes for November. Expectations are for a 59.5 reading for the Manufacturing PMI and 59 for the Services PMI. Both figures are slightly more than the October data. Both indexes are off their peaks from earlier this year, but higher than their levels from a year ago.\nThe BEA reports its second estimate of third-quarter gross domestic product. Economists forecast a 2.2% annualized rate of growth, higher than the BEA’s preliminary estimate of 2% from late October.\nDeere reports fiscal fourth-quarter 2021 results.\nThe Federal Open Market Committee releases minutes from its early-November monetary-policy meeting.\nThe Census Bureau releases the durable-goods report for October. Economists forecast a 0.2% month-over-month increase in new orders for manufactured durable goods, to $262 billion. Excluding transportation, new orders are seen rising 0.5%, matching the September gain.\nThe BEA reports personal income and spending for October. The consensus call is for a 0.4% monthly increase in income after a 1% decline in September. Personal spending is expected to rise 1%, month over month, a faster clip than September’s 0.6% gain.\nU.S. bourses and fixed-income markets are closed in observance of Thanksgiving.\nIt’s Black Friday, one of the busiest shopping days of the year and the traditional kickoff to the holiday shopping season. The National Retail Federation estimates that a record $851 billion will be spent by U.S. consumers this November and December, a 9.5% increase from last year. U.S. exchanges have a shortened trading session on the day after Thanksgiving. The Nasdaq and New York Stock Exchange end trading at 1 p.m., and the bond market closes at 2 p.m.","news_type":1,"symbols_score_info":{"ZM":0.9,"DELL":0.9,"BBY":0.9,".SPX":0.9,"DE":0.9,".DJI":0.9,".IXIC":0.9}},"isVote":1,"tweetType":1,"viewCount":3883,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0}],"lives":[]}