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evey77

evey77

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2021-05-28

Less money for people to pump into stocks? Would this means the current hurrah will end soon?

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2021-10-04

Not going to panic

Dow sheds 300 points as investors ditch technology stocks, Nasdaq drops 2%<blockquote>投资者抛弃科技股道指下跌300点纳斯达克下跌2%</blockquote>

2021-11-05

$PayPal(PYPL)$Musing over whether to buy before or after the earnings announcement on Nov 8th. Anyone has any thoughts?

2021-12-04

This is so crazy… massacre

Alibaba shares fell nearly 9%, hitting a 52 week low<blockquote>阿里巴巴-SW股价跌近9%创52周新低</blockquote>

2021-11-28

Too much consumerism is bad for the environment though, creating too much waste 😅

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2021-10-17

Is it time to sell bank stocks?

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2021-12-15

So much volatility in the market cos of all these noise

U.S.Stocks open lower after PPI reading as investors await Fed<blockquote>PPI数据公布后美国股市低开，投资者等待美联储</blockquote>

2021-12-11

Waiting to buy at lower prices [Cool]

Sea Ltd stock dropped more than 5% in morning trading<blockquote>Sea Ltd股价早盘下跌超过5%</blockquote>

2021-06-12

Agree, hard to time the market.

Don’t be fooled — inflation is a big risk for stock market investors. Here’s how to prepare<blockquote>不要被愚弄了——通货膨胀对股市投资者来说是一个很大的风险。以下是如何准备</blockquote>

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much volatility in the market cos of all these noise","listText":"So much volatility in the market cos of all these noise","text":"So much volatility in the market cos of all these noise","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":4,"repostSize":0,"link":"https://laohu8.com/post/607128901","repostId":"1179453620","repostType":4,"repost":{"id":"1179453620","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":1639492308,"share":"https://www.laohu8.com/m/news/1179453620?lang=zh_CN&edition=full","pubTime":"2021-12-14 22:31","market":"us","language":"en","title":"U.S.Stocks open lower after PPI reading as investors await Fed<blockquote>PPI数据公布后美国股市低开，投资者等待美联储</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1179453620","media":"Tiger Newspress","summary":"U.S.Stocks open lower after PPI reading as investors await Fed,Nasdaq Composite down 1.2% at 15,229.","content":"<p>U.S.Stocks open lower after PPI reading as investors await Fed,Nasdaq Composite down 1.2% at 15,229.96,S&amp;P 500 down 0.7% at 4,635.65,Dow industrials down 98 points, or 0.3%.</p><p><blockquote>由于投资者等待美联储，PPI数据公布后，美国股市开盘走低，纳斯达克综合指数下跌1.2%，至15,229.96点，标普500指数下跌0.7%，至4,635.65点，道指下跌98点，即0.3%。</blockquote></p><p> Tesla&nbsp;shares were among the biggest early droppers on the S&amp;P 500, falling 2.1% premarket after CEO Elon Musk announced that that he has sold another $906.5 million in shares.</p><p><blockquote>特斯拉股价是标普500早期跌幅最大的股票之一，在首席执行官Elon Musk宣布他又出售了价值9.065亿美元的股票后，盘前下跌2.1%。</blockquote></p><p> Fellow automaker&nbsp;Ford&nbsp;also fell, down 1.7% following news that by 2030Toyotawould beinvesting $35 billion into battery-powered electronic vehicles, a space where Ford has sought to establish itself as a leader.</p><p><blockquote>同为汽车制造商的福特也下跌了1.7%，此前有消息称，到2030年，丰田将向电池驱动的电动汽车投资350亿美元，福特一直试图在这一领域确立自己的领导者地位。</blockquote></p><p> Pfizer&nbsp;shares rose nearly 1% after final results of tests on its Covid drug showed it reduced hospitalizations and deaths by 89% in high-risk patients.</p><p><blockquote>辉瑞股价上涨近1%，此前其Covid药物的最终测试结果显示，该药物将高危患者的住院和死亡人数减少了89%。</blockquote></p><p> Research from Goldman Sachs showed&nbsp;the S&amp;P 500 is powered by five stocks&nbsp;that have accounted for 51% of its return since the end of April. Microsoft, Google, Apple, Nvidia and Tesla account for more than one-third of the S&amp;P 500's 26% return this year, according to Goldman.</p><p><blockquote>高盛的研究显示，自4月底以来，五只股票占其回报率的51%。据高盛称，微软、谷歌、苹果、英伟达和特斯拉占标普500今年26%回报率的三分之一以上。</blockquote></p><p> Traders are awaiting a decision from the Fed on&nbsp;how quickly the central bank will tighten monetary policy&nbsp;amid a backdrop of fresh inflation numbers that reflected the fastest annual increase in nearly four decades. The Labor Department's Consumer Price Index (CPI) soared 6.8% in November compared to last year, according to figures published last week.</p><p><blockquote>交易员正在等待美联储就央行收紧货币政策的速度做出决定，因为新的通胀数据反映了近四十年来最快的年度增幅。根据上周公布的数据，美国劳工部11月份消费者价格指数(CPI)较去年飙升6.8%。</blockquote></p><p> The Federal Open Market Committee (FOMC) is scheduled to hold its two-day policy-setting meeting starting on Tuesday, followed by the release of the monetary policy statement and remarks from Federal Reserve Chair Jerome Powell Wednesday. An updated Summary of Economic Projections outlining individual members' outlooks for economic conditions and interest rates is set to accompany the statement.</p><p><blockquote>联邦公开市场委员会（FOMC）定于周二开始举行为期两天的政策制定会议，随后美联储主席杰罗姆·鲍威尔将于周三发布货币政策声明和讲话。该声明将附有最新的经济预测摘要，概述各个成员对经济状况和利率的展望。</blockquote></p><p> The Fed has been under pressure to control rising inflation levels, as investors watch for clues of a faster taper that could set the stage for earlier rate hikes.</p><p><blockquote>美联储一直面临着控制通胀水平上升的压力，投资者正在关注更快缩减规模的线索，这可能为提前加息奠定基础。</blockquote></p><p> “Because inflation expectations do appear to be adaptive, our view is that the longer inflation stays elevated, the greater the risk that consumers adjust their behaviors in a way that contributes to persistently elevated inflation” wrote PIMCO economist Tiffany Wilding in a&nbsp;recent note to clients.</p><p><blockquote>太平洋投资管理公司(PIMCO)经济学家蒂芙尼·威尔丁(Tiffany Wilding)在最近给客户的一份报告中写道：“由于通胀预期似乎确实具有适应性，我们的观点是，通胀保持在高位的时间越长，消费者调整行为从而导致通胀持续上升的风险就越大。”</blockquote></p><p> “We believe the Fed will want to manage this risk by shortening the time over which it winds down its purchases of U.S. Treasuries and agency mortgage-backed securities (MBS), aiming to end the program in March 2022, while also signaling a June rate hike is likely,” said Wilding.</p><p><blockquote>“我们认为，美联储希望通过缩短逐步减少购买美国国债和机构抵押贷款支持证券（MBS）的时间来管理这一风险，目标是在2022年3月结束该计划，同时也暗示6月份加息是可能的，”威尔丁说。</blockquote></p><p> PIMCO managing director and portfolio manager Sonali Pier also separately&nbsp;told Yahoo Finance Live&nbsp;that the firm expects to see two hikes in 2022, three hikes in 2023, and potentially four in 2024, with the Fed trying to bring the policy rate to neutral.</p><p><blockquote>PIMCO董事总经理兼投资组合经理Sonali Pier也分别告诉雅虎财经直播，该公司预计2022年加息两次，2023年加息三次，2024年可能加息四次，美联储试图将政策利率降至中性。</blockquote></p><p> “Amid proliferating signs of solid growth and a robust job market, various measures depict a deeply troubled economy,” wrote&nbsp;Oxford Economics senior economist Bob Schwartzin a new report. \"Households are downbeat, according to sentiment surveys, and the so-called 'misery index' that adds together inflation and unemployment hovers around recession levels.\"</p><p><blockquote>牛津经济研究院高级经济学家鲍勃·施瓦津（Bob Schwartzin）在一份新报告中写道：“在稳健增长和强劲就业市场的迹象不断增加的情况下，各种指标都描绘了深陷困境的经济。”“根据情绪调查，家庭情绪悲观，将通胀和失业率加在一起的所谓‘痛苦指数’徘徊在衰退水平附近。”</blockquote></p><p> Markets&nbsp;await a trove of fresh economic data this week. November retail sales, out on Wednesday, are expected to rise by 0.8%, according to Bloomberg consensus estimates. And November housing starts are forecasted to see a month-over-month increase of 3.3%.</p><p><blockquote>市场等待本周大量新的经济数据。根据彭博社的普遍预测，周三公布的11月份零售额预计将增长0.8%。预计11月份新屋开工量将环比增长3.3%。</blockquote></p><p> Meanwhile, Morgan Stanley projects the U.S. unemployment rate will drop to 3% in 2022.</p><p><blockquote>与此同时，摩根士丹利预计美国失业率将在2022年降至3%。</blockquote></p><p> \"It's stunning to see how much the rate has fallen in the last five months,” Morgan chief U.S. economist&nbsp;Michael Feroli told Yahoo Finance Live. “We expect that pace of decline to slow, but it doesn't take much to get below 4%, even with a tick up in the labor participation rate which has been depressed over the last year and a half.\"</p><p><blockquote>摩根首席美国经济学家迈克尔·费罗利(Michael Feroli)对雅虎财经直播表示：“过去五个月失业率下降幅度之大令人震惊。我们预计下降速度将会放缓，但即使过去一年半以来一直低迷的劳动参与率有所上升，也不需要太多时间就能降至4%以下。”</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>U.S.Stocks open lower after PPI reading as investors await Fed<blockquote>PPI数据公布后美国股市低开，投资者等待美联储</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\">\nU.S.Stocks open lower after PPI reading as investors await Fed<blockquote>PPI数据公布后美国股市低开，投资者等待美联储</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\">2021-12-14 22:31</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>U.S.Stocks open lower after PPI reading as investors await Fed,Nasdaq Composite down 1.2% at 15,229.96,S&amp;P 500 down 0.7% at 4,635.65,Dow industrials down 98 points, or 0.3%.</p><p><blockquote>由于投资者等待美联储，PPI数据公布后，美国股市开盘走低，纳斯达克综合指数下跌1.2%，至15,229.96点，标普500指数下跌0.7%，至4,635.65点，道指下跌98点，即0.3%。</blockquote></p><p> Tesla&nbsp;shares were among the biggest early droppers on the S&amp;P 500, falling 2.1% premarket after CEO Elon Musk announced that that he has sold another $906.5 million in shares.</p><p><blockquote>特斯拉股价是标普500早期跌幅最大的股票之一，在首席执行官Elon Musk宣布他又出售了价值9.065亿美元的股票后，盘前下跌2.1%。</blockquote></p><p> Fellow automaker&nbsp;Ford&nbsp;also fell, down 1.7% following news that by 2030Toyotawould beinvesting $35 billion into battery-powered electronic vehicles, a space where Ford has sought to establish itself as a leader.</p><p><blockquote>同为汽车制造商的福特也下跌了1.7%，此前有消息称，到2030年，丰田将向电池驱动的电动汽车投资350亿美元，福特一直试图在这一领域确立自己的领导者地位。</blockquote></p><p> Pfizer&nbsp;shares rose nearly 1% after final results of tests on its Covid drug showed it reduced hospitalizations and deaths by 89% in high-risk patients.</p><p><blockquote>辉瑞股价上涨近1%，此前其Covid药物的最终测试结果显示，该药物将高危患者的住院和死亡人数减少了89%。</blockquote></p><p> Research from Goldman Sachs showed&nbsp;the S&amp;P 500 is powered by five stocks&nbsp;that have accounted for 51% of its return since the end of April. Microsoft, Google, Apple, Nvidia and Tesla account for more than one-third of the S&amp;P 500's 26% return this year, according to Goldman.</p><p><blockquote>高盛的研究显示，自4月底以来，五只股票占其回报率的51%。据高盛称，微软、谷歌、苹果、英伟达和特斯拉占标普500今年26%回报率的三分之一以上。</blockquote></p><p> Traders are awaiting a decision from the Fed on&nbsp;how quickly the central bank will tighten monetary policy&nbsp;amid a backdrop of fresh inflation numbers that reflected the fastest annual increase in nearly four decades. The Labor Department's Consumer Price Index (CPI) soared 6.8% in November compared to last year, according to figures published last week.</p><p><blockquote>交易员正在等待美联储就央行收紧货币政策的速度做出决定，因为新的通胀数据反映了近四十年来最快的年度增幅。根据上周公布的数据，美国劳工部11月份消费者价格指数(CPI)较去年飙升6.8%。</blockquote></p><p> The Federal Open Market Committee (FOMC) is scheduled to hold its two-day policy-setting meeting starting on Tuesday, followed by the release of the monetary policy statement and remarks from Federal Reserve Chair Jerome Powell Wednesday. An updated Summary of Economic Projections outlining individual members' outlooks for economic conditions and interest rates is set to accompany the statement.</p><p><blockquote>联邦公开市场委员会（FOMC）定于周二开始举行为期两天的政策制定会议，随后美联储主席杰罗姆·鲍威尔将于周三发布货币政策声明和讲话。该声明将附有最新的经济预测摘要，概述各个成员对经济状况和利率的展望。</blockquote></p><p> The Fed has been under pressure to control rising inflation levels, as investors watch for clues of a faster taper that could set the stage for earlier rate hikes.</p><p><blockquote>美联储一直面临着控制通胀水平上升的压力，投资者正在关注更快缩减规模的线索，这可能为提前加息奠定基础。</blockquote></p><p> “Because inflation expectations do appear to be adaptive, our view is that the longer inflation stays elevated, the greater the risk that consumers adjust their behaviors in a way that contributes to persistently elevated inflation” wrote PIMCO economist Tiffany Wilding in a&nbsp;recent note to clients.</p><p><blockquote>太平洋投资管理公司(PIMCO)经济学家蒂芙尼·威尔丁(Tiffany Wilding)在最近给客户的一份报告中写道：“由于通胀预期似乎确实具有适应性，我们的观点是，通胀保持在高位的时间越长，消费者调整行为从而导致通胀持续上升的风险就越大。”</blockquote></p><p> “We believe the Fed will want to manage this risk by shortening the time over which it winds down its purchases of U.S. Treasuries and agency mortgage-backed securities (MBS), aiming to end the program in March 2022, while also signaling a June rate hike is likely,” said Wilding.</p><p><blockquote>“我们认为，美联储希望通过缩短逐步减少购买美国国债和机构抵押贷款支持证券（MBS）的时间来管理这一风险，目标是在2022年3月结束该计划，同时也暗示6月份加息是可能的，”威尔丁说。</blockquote></p><p> PIMCO managing director and portfolio manager Sonali Pier also separately&nbsp;told Yahoo Finance Live&nbsp;that the firm expects to see two hikes in 2022, three hikes in 2023, and potentially four in 2024, with the Fed trying to bring the policy rate to neutral.</p><p><blockquote>PIMCO董事总经理兼投资组合经理Sonali Pier也分别告诉雅虎财经直播，该公司预计2022年加息两次，2023年加息三次，2024年可能加息四次，美联储试图将政策利率降至中性。</blockquote></p><p> “Amid proliferating signs of solid growth and a robust job market, various measures depict a deeply troubled economy,” wrote&nbsp;Oxford Economics senior economist Bob Schwartzin a new report. \"Households are downbeat, according to sentiment surveys, and the so-called 'misery index' that adds together inflation and unemployment hovers around recession levels.\"</p><p><blockquote>牛津经济研究院高级经济学家鲍勃·施瓦津（Bob Schwartzin）在一份新报告中写道：“在稳健增长和强劲就业市场的迹象不断增加的情况下，各种指标都描绘了深陷困境的经济。”“根据情绪调查，家庭情绪悲观，将通胀和失业率加在一起的所谓‘痛苦指数’徘徊在衰退水平附近。”</blockquote></p><p> Markets&nbsp;await a trove of fresh economic data this week. November retail sales, out on Wednesday, are expected to rise by 0.8%, according to Bloomberg consensus estimates. And November housing starts are forecasted to see a month-over-month increase of 3.3%.</p><p><blockquote>市场等待本周大量新的经济数据。根据彭博社的普遍预测，周三公布的11月份零售额预计将增长0.8%。预计11月份新屋开工量将环比增长3.3%。</blockquote></p><p> Meanwhile, Morgan Stanley projects the U.S. unemployment rate will drop to 3% in 2022.</p><p><blockquote>与此同时，摩根士丹利预计美国失业率将在2022年降至3%。</blockquote></p><p> \"It's stunning to see how much the rate has fallen in the last five months,” Morgan chief U.S. economist&nbsp;Michael Feroli told Yahoo Finance Live. “We expect that pace of decline to slow, but it doesn't take much to get below 4%, even with a tick up in the labor participation rate which has been depressed over the last year and a half.\"</p><p><blockquote>摩根首席美国经济学家迈克尔·费罗利(Michael Feroli)对雅虎财经直播表示：“过去五个月失业率下降幅度之大令人震惊。我们预计下降速度将会放缓，但即使过去一年半以来一直低迷的劳动参与率有所上升，也不需要太多时间就能降至4%以下。”</blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯",".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1179453620","content_text":"U.S.Stocks open lower after PPI reading as investors await Fed,Nasdaq Composite down 1.2% at 15,229.96,S&P 500 down 0.7% at 4,635.65,Dow industrials down 98 points, or 0.3%.\nTesla shares were among the biggest early droppers on the S&P 500, falling 2.1% premarket after CEO Elon Musk announced that that he has sold another $906.5 million in shares.\nFellow automaker Ford also fell, down 1.7% following news that by 2030Toyotawould beinvesting $35 billion into battery-powered electronic vehicles, a space where Ford has sought to establish itself as a leader.\nPfizer shares rose nearly 1% after final results of tests on its Covid drug showed it reduced hospitalizations and deaths by 89% in high-risk patients.\nResearch from Goldman Sachs showed the S&P 500 is powered by five stocks that have accounted for 51% of its return since the end of April. Microsoft, Google, Apple, Nvidia and Tesla account for more than one-third of the S&P 500's 26% return this year, according to Goldman.\nTraders are awaiting a decision from the Fed on how quickly the central bank will tighten monetary policy amid a backdrop of fresh inflation numbers that reflected the fastest annual increase in nearly four decades. The Labor Department's Consumer Price Index (CPI) soared 6.8% in November compared to last year, according to figures published last week.\nThe Federal Open Market Committee (FOMC) is scheduled to hold its two-day policy-setting meeting starting on Tuesday, followed by the release of the monetary policy statement and remarks from Federal Reserve Chair Jerome Powell Wednesday. An updated Summary of Economic Projections outlining individual members' outlooks for economic conditions and interest rates is set to accompany the statement.\nThe Fed has been under pressure to control rising inflation levels, as investors watch for clues of a faster taper that could set the stage for earlier rate hikes.\n“Because inflation expectations do appear to be adaptive, our view is that the longer inflation stays elevated, the greater the risk that consumers adjust their behaviors in a way that contributes to persistently elevated inflation” wrote PIMCO economist Tiffany Wilding in a recent note to clients.\n“We believe the Fed will want to manage this risk by shortening the time over which it winds down its purchases of U.S. Treasuries and agency mortgage-backed securities (MBS), aiming to end the program in March 2022, while also signaling a June rate hike is likely,” said Wilding.\nPIMCO managing director and portfolio manager Sonali Pier also separately told Yahoo Finance Live that the firm expects to see two hikes in 2022, three hikes in 2023, and potentially four in 2024, with the Fed trying to bring the policy rate to neutral.\n“Amid proliferating signs of solid growth and a robust job market, various measures depict a deeply troubled economy,” wrote Oxford Economics senior economist Bob Schwartzin a new report. \"Households are downbeat, according to sentiment surveys, and the so-called 'misery index' that adds together inflation and unemployment hovers around recession levels.\"\nMarkets await a trove of fresh economic data this week. November retail sales, out on Wednesday, are expected to rise by 0.8%, according to Bloomberg consensus estimates. And November housing starts are forecasted to see a month-over-month increase of 3.3%.\nMeanwhile, Morgan Stanley projects the U.S. unemployment rate will drop to 3% in 2022.\n\"It's stunning to see how much the rate has fallen in the last five months,” Morgan chief U.S. economist Michael Feroli told Yahoo Finance Live. “We expect that pace of decline to slow, but it doesn't take much to get below 4%, even with a tick up in the labor participation rate which has been depressed over the last year and a half.\"","news_type":1,"symbols_score_info":{".IXIC":0.9,".DJI":0.9,".SPX":0.9}},"isVote":1,"tweetType":1,"viewCount":3585,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":604562443,"gmtCreate":1639414051178,"gmtModify":1639415400515,"author":{"id":"3570619054429964","authorId":"3570619054429964","name":"evey77","avatar":"https://static.tigerbbs.com/8a042e238635d0f206ea5cc76045eb40","crmLevel":13,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3570619054429964","authorIdStr":"3570619054429964"},"themes":[],"htmlText":"When Shopee is good for consumers (in terms ofall the discount vouchers), intuitively, I felt&nbsp;it’s bad for the&nbsp;stockholders [LOL]&nbsp;But oh well, the desire to spend the coins I accumulated makes me go back to it again and again… loss-making opium [Tongue]&nbsp;","listText":"When Shopee is good for consumers (in terms ofall the discount vouchers), intuitively, I felt&nbsp;it’s bad for the&nbsp;stockholders [LOL]&nbsp;But oh well, the desire to spend the coins I accumulated makes me go back to it again and again… loss-making opium [Tongue]&nbsp;","text":"When Shopee is good for consumers (in terms ofall the discount vouchers), intuitively, I felt it’s bad for the stockholders [LOL] But oh well, the desire to spend the coins I accumulated makes me go back to it again and again… loss-making opium [Tongue]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/604562443","repostId":"1195107888","repostType":2,"repost":{"id":"1195107888","kind":"news","pubTimestamp":1639113421,"share":"https://www.laohu8.com/m/news/1195107888?lang=zh_CN&edition=full","pubTime":"2021-12-10 13:17","market":"us","language":"en","title":"3 Things About Sea Limited That Smart Investors Know<blockquote>聪明的投资者知道的关于Sea Limited的3件事</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1195107888","media":"Motley Fool","summary":"Most investors likely know three things about Sea Limited(NYSE:SE): that it owns Shopee, the top e-c","content":"<p>Most investors likely know three things about&nbsp;<b>Sea Limited</b>(NYSE:SE): that it owns Shopee, the top e-commerce player in Southeast Asia and Taiwan; that it owns the mobile game publisher Garena; and that it is deeply unprofitable.</p><p><blockquote>大多数投资者可能知道以下三件事<b>海有限公司</b>（纽约证券交易所代码：SE）：拥有东南亚和台湾顶级电子商务公司Shopee；它拥有手机游戏发行商Garena；而且它是无利可图的。</blockquote></p><p> But this tech company is actually fairly complex, and to better understand its sprawling business, it's worth examining three finer points about it that garner a lot less attention: its dependence on&nbsp;<i>Free Fire;</i>&nbsp;its expansion plans in Latin America; and the growth of its fintech ecosystem.</p><p><blockquote>但这家科技公司实际上相当复杂，为了更好地了解其庞大的业务，有必要研究一下它的三个较少受到关注的细节：它对<i>自由射击；</i>其在拉丁美洲的扩张计划；及其金融科技生态系统的增长。</blockquote></p><p> 1.<i>Free Fire</i>&nbsp;is the wind in Sea's sails</p><p><blockquote>1.<i>自由射击</i>风是大海的帆吗</blockquote></p><p> Four years ago, Garena launched&nbsp;<i>Free Fire</i>, its first self-developed mobile game. The battle royale title, which was optimized for lower-end devices, quickly became one of the most popular mobile games in Southeast Asia and Latin America, and was the most-downloaded mobile game in the world in both 2019 and 2020, according to App Annie.</p><p><blockquote>四年前，Garena推出了<i>自由射击</i>，旗下首款自研手游。根据App Annie的数据，针对低端设备进行了优化的《大逃杀》游戏迅速成为东南亚和拉丁美洲最受欢迎的手机游戏之一，并且是2019年和2020年全球下载量最大的手机游戏。</blockquote></p><p> <i>Free Fire's</i>success significantly boosted Garena's margins, since it wasn't a licensed game like the publisher's earlier titles. As a result, Sea's digital entertainment segment (which houses Garena) started to generate even stronger adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) growth -- a sharp contrast to the company's e-commerce segment, which has been growing more unprofitable.<img src=\"https://static.tigerbbs.com/62a40cb0cfc26f2711593eeadadb17b1\" tg-width=\"794\" tg-height=\"200\" width=\"100%\" height=\"auto\">Therefore, Sea clearly needs&nbsp;<i>Free Fire</i>&nbsp;to keep generating that higher-margin revenue to subsidize the expansion of the Shopee e-commerce platform. That's a hefty burden to place on a 4-year-old mobile game.</p><p><blockquote><i>自由射击的</i>成功显着提高了Garena的利润，因为它不像发行商早期的游戏那样是授权游戏。因此，Sea的数字娱乐部门（Garena所在）开始产生更强劲的调整后息税折旧摊销前利润(EBITDA)增长——这与该公司的电子商务部门形成鲜明对比，后者一直在增长更无利可图。因此，Sea显然需要<i>自由射击</i>继续产生更高利润的收入来补贴Shopee电子商务平台的扩张。对于一款已经有4年历史的手机游戏来说，这是一个沉重的负担。</blockquote></p><p> Looking ahead, Garena's top priorities will be to maintain&nbsp;<i>Free Fire's</i>momentum, expand the franchise with new versions (like<i>Free Fire MAX</i>for higher-end devices), and launch more self-developed titles. Failing to achieve any of those goals could cause Sea's adjusted EBITDA to plummet.</p><p><blockquote>展望未来，Garena的首要任务将是维护<i>自由射击的</i>势，用新版本扩大专营权（如<i>自由射击最大值</i>面向更高端设备），并推出更多自研游戏。未能实现这些目标中的任何一个都可能导致Sea调整后的EBITDA暴跌。</blockquote></p><p> 2. Shopee is gaining ground fast in Latin America</p><p><blockquote>2.Shopee在拉丁美洲迅速取得进展</blockquote></p><p> When Shopee expanded into Brazil two years ago, skeptics predicted that it would be crushed by&nbsp;<b>MercadoLibre</b>(NASDAQ:MELI), the&nbsp;800-pound gorilla&nbsp;of Latin American e-commerce. However, Shopee launched aggressive marketing campaigns, offered steep discounts, and expanded into other Latin American markets.</p><p><blockquote>当Shopee两年前扩展到巴西时，怀疑者预测它将被<b>自由市场</b>（纳斯达克：MELI），拉丁美洲电子商务的800磅大猩猩。然而，Shopee发起了积极的营销活动，提供大幅折扣，并扩展到其他拉丁美洲市场。</blockquote></p><p> As a result, Shopee actually overtook MercadoLibre as the most-downloaded shopping app in Latin America earlier this year. By the end of August, Shopee's monthly active users (MAUs) in Latin America had risen 136% year over year to more than 30 million, according to Apptopia. MercadoLibre ended last quarter with 78.7 million unique active users.</p><p><blockquote>因此，Shopee实际上在今年早些时候超过了MercadoLibre，成为拉丁美洲下载量最大的购物应用程序。根据Apptopia的数据，截至8月底，Shopee在拉丁美洲的月活跃用户(MAU)同比增长136%，达到超过3000万。MercadoLibre上季度末拥有7870万独立活跃用户。</blockquote></p><p> Sea doesn't break out its Latin American results yet, but it's likely still racking up big losses as it expands through MercadoLibre's backyard. Last quarter, Sea said Shopee's adjusted EBITDA loss of $0.41 per order remained unchanged sequentially and year over year across all of its markets -- but narrowed by both metrics in its core Southeast Asia and Taiwan market.</p><p><blockquote>Sea尚未公布其拉丁美洲业绩，但随着其通过MercadoLibre后院扩张，它可能仍会遭受巨额亏损。Sea表示，上个季度，Shopee所有市场的调整后EBITDA亏损为每笔订单0.41美元，环比和同比均保持不变，但在其核心东南亚和台湾市场的这两项指标均有所收窄。</blockquote></p><p> In other words, Sea needs to continue narrowing Shopee's losses in Southeast Asia and Taiwan -- all while maintaining&nbsp;<i>Free Fire's</i>growth -- to stabilize its adjusted EBITDA as it expands its massive ecosystem.</p><p><blockquote>换句话说，Sea需要继续缩小Shopee在东南亚和台湾的亏损——同时保持<i>自由射击的</i>增长——在扩大庞大生态系统的同时稳定调整后的EBITDA。</blockquote></p><p> 3. Sea Limited is evolving into a digital bank</p><p><blockquote>3.Sea Limited正在向数字银行发展</blockquote></p><p> Shopee isn't Sea's only unprofitable business. Its digital financial services segment, which houses the Sea&nbsp;Money payments platform and other fintech units, is losing money too. This business was also granted a full digital banking license in Singapore last December.</p><p><blockquote>Shopee并不是Sea唯一不盈利的业务。其数字金融服务部门（包括Sea Money支付平台和其他金融科技部门）也在亏损。这项业务也于去年12月在新加坡获得了完整的数字银行牌照。</blockquote></p><p> Sea launched the digital financial services segment in the fourth quarter of 2019, and both the total payment volume and the number of quarterly paying users on its mobile wallet app have skyrocketed in the two years since. Unfortunately, its losses are also widening:<img src=\"https://static.tigerbbs.com/40d393bcaa2441a53a52b8f0e431b310\" tg-width=\"791\" tg-height=\"241\" width=\"100%\" height=\"auto\">Once again, this highlights Sea's overwhelming dependence on&nbsp;<i>Free Fire</i>&nbsp;to do the heavy lifting and support its other, unprofitable businesses.</p><p><blockquote>Sea于2019年第四季度推出了数字金融服务部门，其移动钱包应用程序的总支付量和季度付费用户数量在此后的两年里都实现了飙升。遗憾的是，其亏损也在扩大：这再次凸显了Sea对<i>自由射击</i>承担繁重的工作并支持其他无利可图的业务。</blockquote></p><p> A wobbly (but promising) business model</p><p><blockquote>不稳定（但充满希望）的商业模式</blockquote></p><p> These three points show us just how unusual Sea's business model is: It's an e-commerce and fintech giant that (for now) relies on the profits from a single mobile game to offset the staggering losses of its other high-growth businesses.</p><p><blockquote>这三点向我们展示了Sea的商业模式是多么不寻常：它是一家电子商务和金融科技巨头，（目前）依靠单款手机游戏的利润来抵消其他高增长业务的惊人亏损。</blockquote></p><p> On the bright side, Sea also raised about $6 billion in fresh capital earlier this year with a big secondary stock and convertible debt offering -- and it ended&nbsp;the third quarter&nbsp;with $11.1 billion in cash and equivalents on the books. Therefore, Sea can afford to keep bleeding red ink for the foreseeable future.</p><p><blockquote>好的一面是，Sea今年早些时候还通过大规模发行二级股票和可转换债券筹集了约60亿美元的新资本，截至第三季度末，账面上的现金和等价物为111亿美元。因此，在可预见的未来，Sea有能力继续亏损。</blockquote></p><p></p><p> I believe Sea still has plenty of growth potential, but it will remain a very volatile stock. Potential investors should be well aware of these risks before betting that the stock will generate multibagger gains.</p><p><blockquote>我相信Sea仍然有很大的增长潜力，但它仍将是一只波动很大的股票。潜在投资者在押注该股票将产生多重收益之前应该充分了解这些风险。</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>3 Things About Sea Limited That Smart Investors Know<blockquote>聪明的投资者知道的关于Sea Limited的3件事</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\">\n3 Things About Sea Limited That Smart Investors Know<blockquote>聪明的投资者知道的关于Sea Limited的3件事</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Motley Fool</strong><span class=\"h-time small\">2021-12-10 13:17</span>\n</p>\n</h4>\n</header>\n<article>\n<p>Most investors likely know three things about&nbsp;<b>Sea Limited</b>(NYSE:SE): that it owns Shopee, the top e-commerce player in Southeast Asia and Taiwan; that it owns the mobile game publisher Garena; and that it is deeply unprofitable.</p><p><blockquote>大多数投资者可能知道以下三件事<b>海有限公司</b>（纽约证券交易所代码：SE）：拥有东南亚和台湾顶级电子商务公司Shopee；它拥有手机游戏发行商Garena；而且它是无利可图的。</blockquote></p><p> But this tech company is actually fairly complex, and to better understand its sprawling business, it's worth examining three finer points about it that garner a lot less attention: its dependence on&nbsp;<i>Free Fire;</i>&nbsp;its expansion plans in Latin America; and the growth of its fintech ecosystem.</p><p><blockquote>但这家科技公司实际上相当复杂，为了更好地了解其庞大的业务，有必要研究一下它的三个较少受到关注的细节：它对<i>自由射击；</i>其在拉丁美洲的扩张计划；及其金融科技生态系统的增长。</blockquote></p><p> 1.<i>Free Fire</i>&nbsp;is the wind in Sea's sails</p><p><blockquote>1.<i>自由射击</i>风是大海的帆吗</blockquote></p><p> Four years ago, Garena launched&nbsp;<i>Free Fire</i>, its first self-developed mobile game. The battle royale title, which was optimized for lower-end devices, quickly became one of the most popular mobile games in Southeast Asia and Latin America, and was the most-downloaded mobile game in the world in both 2019 and 2020, according to App Annie.</p><p><blockquote>四年前，Garena推出了<i>自由射击</i>，旗下首款自研手游。根据App Annie的数据，针对低端设备进行了优化的《大逃杀》游戏迅速成为东南亚和拉丁美洲最受欢迎的手机游戏之一，并且是2019年和2020年全球下载量最大的手机游戏。</blockquote></p><p> <i>Free Fire's</i>success significantly boosted Garena's margins, since it wasn't a licensed game like the publisher's earlier titles. As a result, Sea's digital entertainment segment (which houses Garena) started to generate even stronger adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) growth -- a sharp contrast to the company's e-commerce segment, which has been growing more unprofitable.<img src=\"https://static.tigerbbs.com/62a40cb0cfc26f2711593eeadadb17b1\" tg-width=\"794\" tg-height=\"200\" width=\"100%\" height=\"auto\">Therefore, Sea clearly needs&nbsp;<i>Free Fire</i>&nbsp;to keep generating that higher-margin revenue to subsidize the expansion of the Shopee e-commerce platform. That's a hefty burden to place on a 4-year-old mobile game.</p><p><blockquote><i>自由射击的</i>成功显着提高了Garena的利润，因为它不像发行商早期的游戏那样是授权游戏。因此，Sea的数字娱乐部门（Garena所在）开始产生更强劲的调整后息税折旧摊销前利润(EBITDA)增长——这与该公司的电子商务部门形成鲜明对比，后者一直在增长更无利可图。因此，Sea显然需要<i>自由射击</i>继续产生更高利润的收入来补贴Shopee电子商务平台的扩张。对于一款已经有4年历史的手机游戏来说，这是一个沉重的负担。</blockquote></p><p> Looking ahead, Garena's top priorities will be to maintain&nbsp;<i>Free Fire's</i>momentum, expand the franchise with new versions (like<i>Free Fire MAX</i>for higher-end devices), and launch more self-developed titles. Failing to achieve any of those goals could cause Sea's adjusted EBITDA to plummet.</p><p><blockquote>展望未来，Garena的首要任务将是维护<i>自由射击的</i>势，用新版本扩大专营权（如<i>自由射击最大值</i>面向更高端设备），并推出更多自研游戏。未能实现这些目标中的任何一个都可能导致Sea调整后的EBITDA暴跌。</blockquote></p><p> 2. Shopee is gaining ground fast in Latin America</p><p><blockquote>2.Shopee在拉丁美洲迅速取得进展</blockquote></p><p> When Shopee expanded into Brazil two years ago, skeptics predicted that it would be crushed by&nbsp;<b>MercadoLibre</b>(NASDAQ:MELI), the&nbsp;800-pound gorilla&nbsp;of Latin American e-commerce. However, Shopee launched aggressive marketing campaigns, offered steep discounts, and expanded into other Latin American markets.</p><p><blockquote>当Shopee两年前扩展到巴西时，怀疑者预测它将被<b>自由市场</b>（纳斯达克：MELI），拉丁美洲电子商务的800磅大猩猩。然而，Shopee发起了积极的营销活动，提供大幅折扣，并扩展到其他拉丁美洲市场。</blockquote></p><p> As a result, Shopee actually overtook MercadoLibre as the most-downloaded shopping app in Latin America earlier this year. By the end of August, Shopee's monthly active users (MAUs) in Latin America had risen 136% year over year to more than 30 million, according to Apptopia. MercadoLibre ended last quarter with 78.7 million unique active users.</p><p><blockquote>因此，Shopee实际上在今年早些时候超过了MercadoLibre，成为拉丁美洲下载量最大的购物应用程序。根据Apptopia的数据，截至8月底，Shopee在拉丁美洲的月活跃用户(MAU)同比增长136%，达到超过3000万。MercadoLibre上季度末拥有7870万独立活跃用户。</blockquote></p><p> Sea doesn't break out its Latin American results yet, but it's likely still racking up big losses as it expands through MercadoLibre's backyard. Last quarter, Sea said Shopee's adjusted EBITDA loss of $0.41 per order remained unchanged sequentially and year over year across all of its markets -- but narrowed by both metrics in its core Southeast Asia and Taiwan market.</p><p><blockquote>Sea尚未公布其拉丁美洲业绩，但随着其通过MercadoLibre后院扩张，它可能仍会遭受巨额亏损。Sea表示，上个季度，Shopee所有市场的调整后EBITDA亏损为每笔订单0.41美元，环比和同比均保持不变，但在其核心东南亚和台湾市场的这两项指标均有所收窄。</blockquote></p><p> In other words, Sea needs to continue narrowing Shopee's losses in Southeast Asia and Taiwan -- all while maintaining&nbsp;<i>Free Fire's</i>growth -- to stabilize its adjusted EBITDA as it expands its massive ecosystem.</p><p><blockquote>换句话说，Sea需要继续缩小Shopee在东南亚和台湾的亏损——同时保持<i>自由射击的</i>增长——在扩大庞大生态系统的同时稳定调整后的EBITDA。</blockquote></p><p> 3. Sea Limited is evolving into a digital bank</p><p><blockquote>3.Sea Limited正在向数字银行发展</blockquote></p><p> Shopee isn't Sea's only unprofitable business. Its digital financial services segment, which houses the Sea&nbsp;Money payments platform and other fintech units, is losing money too. This business was also granted a full digital banking license in Singapore last December.</p><p><blockquote>Shopee并不是Sea唯一不盈利的业务。其数字金融服务部门（包括Sea Money支付平台和其他金融科技部门）也在亏损。这项业务也于去年12月在新加坡获得了完整的数字银行牌照。</blockquote></p><p> Sea launched the digital financial services segment in the fourth quarter of 2019, and both the total payment volume and the number of quarterly paying users on its mobile wallet app have skyrocketed in the two years since. Unfortunately, its losses are also widening:<img src=\"https://static.tigerbbs.com/40d393bcaa2441a53a52b8f0e431b310\" tg-width=\"791\" tg-height=\"241\" width=\"100%\" height=\"auto\">Once again, this highlights Sea's overwhelming dependence on&nbsp;<i>Free Fire</i>&nbsp;to do the heavy lifting and support its other, unprofitable businesses.</p><p><blockquote>Sea于2019年第四季度推出了数字金融服务部门，其移动钱包应用程序的总支付量和季度付费用户数量在此后的两年里都实现了飙升。遗憾的是，其亏损也在扩大：这再次凸显了Sea对<i>自由射击</i>承担繁重的工作并支持其他无利可图的业务。</blockquote></p><p> A wobbly (but promising) business model</p><p><blockquote>不稳定（但充满希望）的商业模式</blockquote></p><p> These three points show us just how unusual Sea's business model is: It's an e-commerce and fintech giant that (for now) relies on the profits from a single mobile game to offset the staggering losses of its other high-growth businesses.</p><p><blockquote>这三点向我们展示了Sea的商业模式是多么不寻常：它是一家电子商务和金融科技巨头，（目前）依靠单款手机游戏的利润来抵消其他高增长业务的惊人亏损。</blockquote></p><p> On the bright side, Sea also raised about $6 billion in fresh capital earlier this year with a big secondary stock and convertible debt offering -- and it ended&nbsp;the third quarter&nbsp;with $11.1 billion in cash and equivalents on the books. Therefore, Sea can afford to keep bleeding red ink for the foreseeable future.</p><p><blockquote>好的一面是，Sea今年早些时候还通过大规模发行二级股票和可转换债券筹集了约60亿美元的新资本，截至第三季度末，账面上的现金和等价物为111亿美元。因此，在可预见的未来，Sea有能力继续亏损。</blockquote></p><p></p><p> I believe Sea still has plenty of growth potential, but it will remain a very volatile stock. Potential investors should be well aware of these risks before betting that the stock will generate multibagger gains.</p><p><blockquote>我相信Sea仍然有很大的增长潜力，但它仍将是一只波动很大的股票。潜在投资者在押注该股票将产生多重收益之前应该充分了解这些风险。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.fool.com/investing/2021/12/09/3-things-about-sea-limited-that-smart-investors-kn/?source=eptyholnk0000202&utm_source=yahoo-host&utm_medium=feed&utm_campaign=article\">Motley Fool</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":{"SE":"Sea Ltd"},"source_url":"https://www.fool.com/investing/2021/12/09/3-things-about-sea-limited-that-smart-investors-kn/?source=eptyholnk0000202&utm_source=yahoo-host&utm_medium=feed&utm_campaign=article","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1195107888","content_text":"Most investors likely know three things about Sea Limited(NYSE:SE): that it owns Shopee, the top e-commerce player in Southeast Asia and Taiwan; that it owns the mobile game publisher Garena; and that it is deeply unprofitable.\nBut this tech company is actually fairly complex, and to better understand its sprawling business, it's worth examining three finer points about it that garner a lot less attention: its dependence on Free Fire; its expansion plans in Latin America; and the growth of its fintech ecosystem.\n1.Free Fire is the wind in Sea's sails\nFour years ago, Garena launched Free Fire, its first self-developed mobile game. The battle royale title, which was optimized for lower-end devices, quickly became one of the most popular mobile games in Southeast Asia and Latin America, and was the most-downloaded mobile game in the world in both 2019 and 2020, according to App Annie.\nFree Fire'ssuccess significantly boosted Garena's margins, since it wasn't a licensed game like the publisher's earlier titles. As a result, Sea's digital entertainment segment (which houses Garena) started to generate even stronger adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) growth -- a sharp contrast to the company's e-commerce segment, which has been growing more unprofitable.Therefore, Sea clearly needs Free Fire to keep generating that higher-margin revenue to subsidize the expansion of the Shopee e-commerce platform. That's a hefty burden to place on a 4-year-old mobile game.\nLooking ahead, Garena's top priorities will be to maintain Free Fire'smomentum, expand the franchise with new versions (likeFree Fire MAXfor higher-end devices), and launch more self-developed titles. Failing to achieve any of those goals could cause Sea's adjusted EBITDA to plummet.\n2. Shopee is gaining ground fast in Latin America\nWhen Shopee expanded into Brazil two years ago, skeptics predicted that it would be crushed by MercadoLibre(NASDAQ:MELI), the 800-pound gorilla of Latin American e-commerce. However, Shopee launched aggressive marketing campaigns, offered steep discounts, and expanded into other Latin American markets.\nAs a result, Shopee actually overtook MercadoLibre as the most-downloaded shopping app in Latin America earlier this year. By the end of August, Shopee's monthly active users (MAUs) in Latin America had risen 136% year over year to more than 30 million, according to Apptopia. MercadoLibre ended last quarter with 78.7 million unique active users.\nSea doesn't break out its Latin American results yet, but it's likely still racking up big losses as it expands through MercadoLibre's backyard. Last quarter, Sea said Shopee's adjusted EBITDA loss of $0.41 per order remained unchanged sequentially and year over year across all of its markets -- but narrowed by both metrics in its core Southeast Asia and Taiwan market.\nIn other words, Sea needs to continue narrowing Shopee's losses in Southeast Asia and Taiwan -- all while maintaining Free Fire'sgrowth -- to stabilize its adjusted EBITDA as it expands its massive ecosystem.\n3. Sea Limited is evolving into a digital bank\nShopee isn't Sea's only unprofitable business. Its digital financial services segment, which houses the Sea Money payments platform and other fintech units, is losing money too. This business was also granted a full digital banking license in Singapore last December.\nSea launched the digital financial services segment in the fourth quarter of 2019, and both the total payment volume and the number of quarterly paying users on its mobile wallet app have skyrocketed in the two years since. Unfortunately, its losses are also widening:Once again, this highlights Sea's overwhelming dependence on Free Fire to do the heavy lifting and support its other, unprofitable businesses.\nA wobbly (but promising) business model\nThese three points show us just how unusual Sea's business model is: It's an e-commerce and fintech giant that (for now) relies on the profits from a single mobile game to offset the staggering losses of its other high-growth businesses.\nOn the bright side, Sea also raised about $6 billion in fresh capital earlier this year with a big secondary stock and convertible debt offering -- and it ended the third quarter with $11.1 billion in cash and equivalents on the books. Therefore, Sea can afford to keep bleeding red ink for the foreseeable future.\nI believe Sea still has plenty of growth potential, but it will remain a very volatile stock. Potential investors should be well aware of these risks before betting that the stock will generate multibagger gains.","news_type":1,"symbols_score_info":{"SE":0.9}},"isVote":1,"tweetType":1,"viewCount":3789,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":605597567,"gmtCreate":1639187968814,"gmtModify":1639187970624,"author":{"id":"3570619054429964","authorId":"3570619054429964","name":"evey77","avatar":"https://static.tigerbbs.com/8a042e238635d0f206ea5cc76045eb40","crmLevel":13,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3570619054429964","authorIdStr":"3570619054429964"},"themes":[],"htmlText":"Waiting to buy at lower prices [Cool]&nbsp;","listText":"Waiting to buy at lower prices [Cool]&nbsp;","text":"Waiting to buy at lower prices [Cool]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/605597567","repostId":"1133027099","repostType":4,"repost":{"id":"1133027099","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":1639152670,"share":"https://www.laohu8.com/m/news/1133027099?lang=zh_CN&edition=full","pubTime":"2021-12-11 00:11","market":"us","language":"en","title":"Sea Ltd stock dropped more than 5% in morning trading<blockquote>Sea Ltd股价早盘下跌超过5%</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1133027099","media":"Tiger Newspress","summary":"Sea Ltd stock dropped more than 5% in morning trading.","content":"<p>Sea Ltd stock dropped more than 5% in morning trading.</p><p><blockquote>Sea Ltd股价早盘下跌超过5%。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/f6295277426435ac2c7135ba73dfbdef\" tg-width=\"840\" tg-height=\"470\" width=\"100%\" height=\"auto\"></p><p><blockquote></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>Sea Ltd stock dropped more than 5% in morning trading<blockquote>Sea Ltd股价早盘下跌超过5%</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; 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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\">\nSea Ltd stock dropped more than 5% in morning trading<blockquote>Sea Ltd股价早盘下跌超过5%</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\">2021-12-11 00:11</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>Sea Ltd stock dropped more than 5% in morning trading.</p><p><blockquote>Sea Ltd股价早盘下跌超过5%。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/f6295277426435ac2c7135ba73dfbdef\" tg-width=\"840\" tg-height=\"470\" width=\"100%\" height=\"auto\"></p><p><blockquote></blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SE":"Sea Ltd"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1133027099","content_text":"Sea Ltd stock dropped more than 5% in morning trading.","news_type":1,"symbols_score_info":{"SE":0.9}},"isVote":1,"tweetType":1,"viewCount":4331,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":605690111,"gmtCreate":1639149461048,"gmtModify":1639149461343,"author":{"id":"3570619054429964","authorId":"3570619054429964","name":"evey77","avatar":"https://static.tigerbbs.com/8a042e238635d0f206ea5cc76045eb40","crmLevel":13,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3570619054429964","authorIdStr":"3570619054429964"},"themes":[],"htmlText":"I may have to hold 10 years before my QS turns green in my portfolio… 😢","listText":"I may have to hold 10 years before my QS turns green in my portfolio… 😢","text":"I may have to hold 10 years before my QS turns green in my portfolio… 😢","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/605690111","repostId":"2189507797","repostType":2,"isVote":1,"tweetType":1,"viewCount":3370,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":602189944,"gmtCreate":1638981468486,"gmtModify":1638981469526,"author":{"id":"3570619054429964","authorId":"3570619054429964","name":"evey77","avatar":"https://static.tigerbbs.com/8a042e238635d0f206ea5cc76045eb40","crmLevel":13,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3570619054429964","authorIdStr":"3570619054429964"},"themes":[],"htmlText":"Gd news. Key here&nbsp;is to save lives, less about thestock performance.&nbsp;","listText":"Gd news. Key here&nbsp;is to save lives, less about thestock performance.&nbsp;","text":"Gd news. Key here is to save lives, less about thestock performance.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/602189944","repostId":"1177589023","repostType":4,"repost":{"id":"1177589023","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":1638964838,"share":"https://www.laohu8.com/m/news/1177589023?lang=zh_CN&edition=full","pubTime":"2021-12-08 20:00","market":"us","language":"en","title":"Pfizer, BioNTech say third dose neutralizes Omicron variant<blockquote>辉瑞和BioNTech表示第三剂疫苗可以中和奥密克戎病毒变种</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1177589023","media":"Tiger Newspress","summary":"Pfizer and biontech stocks narrowed their losses in premarket trading after they provided update on ","content":"<p>Pfizer and biontech stocks narrowed their losses&nbsp;in premarket trading&nbsp;after&nbsp;they provided update on Omicron variant.</p><p><blockquote>辉瑞和biontech股票在提供奥密克戎变种的最新信息后，在盘前交易中收窄了跌幅。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/896ce4e657b0942d9d7a0abce1c3d2f7\" tg-width=\"853\" tg-height=\"622\" referrerpolicy=\"no-referrer\"><img src=\"https://static.tigerbbs.com/35c4bf42aa2936640aedd52e01beebc5\" tg-width=\"853\" tg-height=\"618\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p> <ul>  <li><i>Preliminary laboratory studies demonstrate that three doses of the Pfizer-BioNTech COVID-19 Vaccine neutralize the Omicron variant (B.1.1.529 lineage) while two doses show significantly reduced neutralization titers</i></li>  <li><i>Data indicate that a third dose of BNT162b2 increases the neutralizing antibody titers by 25-fold compared to two doses against the Omicron variant; titers after the booster dose are comparable to titers observed after two doses against the wild-type virus which are associated with high levels of protection</i></li>  <li><i>As 80% of epitopes in the spike protein recognized by CD8+ T cells are not affected by the mutations in the Omicron variant, two doses may still induce protection against severe disease</i></li>  <li><i>The companies continue to advance the development of a variant-specific vaccine for Omicron and expect to have it available by March in the event that an adaption is needed to further increase the level and duration of protection – with no change expected to the companies’ four billion dose capacity for 2022</i></li> </ul> Pfizer Inc.&nbsp;and&nbsp;BioNTech SE&nbsp;today announced results from an initial&nbsp;<i>laboratory</i>&nbsp;study demonstrating that serum antibodies induced by the Pfizer-BioNTech COVID-19 Vaccine (BNT162b2) neutralize the SARS-CoV-2 Omicron variant after three doses. Sera obtained from vaccinees one month after receiving the booster vaccination (third dose of BNT162b2 vaccine) neutralized the Omicron variant to levels that are comparable to thoseobserved for the wild-type SARS-CoV-2 spike protein after two doses.</p><p><blockquote><ul><li><i>初步实验室研究表明，三剂辉瑞-BioNTech新冠肺炎疫苗中和了奥密克戎变异体（B.1.1.529谱系），而两剂显示中和滴度显著降低</i></li><li><i>数据表明，与针对奥密克戎变体的两个剂量相比，第三个剂量的BNT162b2使中和抗体滴度增加了25倍；加强剂量后的滴度与针对野生型病毒的两次剂量后观察到的滴度相当，其与高水平的保护相关</i></li><li><i>由于CD8+T细胞识别的刺突蛋白中80%的表位不受奥密克戎变异体突变的影响，两次剂量仍可能诱导对严重疾病的保护</i></li><li><i>两家公司继续推进针对奥密克戎病毒的变异特异性疫苗的开发，预计如果需要进行调整以进一步提高保护水平和持续时间，将在3月份之前上市-预计两家公司的疫苗不会发生变化2022年40亿剂产能</i></li></ul>辉瑞公司和BioNTech SE今天公布了初步结果<i>实验室</i>研究表明，辉瑞-BioNTech新冠肺炎疫苗（BNT162b2）诱导的血清抗体在三剂后中和新型冠状病毒奥密克戎变异体。在接受加强疫苗接种（第三剂BNT162b2疫苗）后一个月从接种者获得的血清中和了奥密克戎变异体，其水平与两剂后观察到的野生型新型冠状病毒刺突蛋白相当。</blockquote></p><p> Sera from individuals who received two doses of the current COVID-19 vaccine did exhibit, on average, more than a 25-fold reduction in neutralization titers against the Omicron variant compared to wild-type, indicating that two doses of BNT162b2 may not be sufficient to protect against infection with the Omicron variant. However, as the vast majority of epitopes targeted by vaccine-induced T cells are not affected by the mutations in Omicron, the companies believe that vaccinated individuals may still be protected against severe forms of the disease and are closely monitoring real world effectiveness against Omicron, globally.</p><p><blockquote>与野生型相比，接受两剂当前新冠肺炎疫苗的个体的血清对奥密克戎变异体的中和滴度平均降低了25倍以上，这表明两剂BNT162b2可能不足以预防奥密克戎变异体的感染。然而，由于疫苗诱导的T细胞靶向的绝大多数表位不受奥密克戎病突变的影响，两家公司认为，接种疫苗的个体可能仍然可以预防严重形式的疾病，并正在密切监测全球范围内针对奥密克戎的真实有效性。</blockquote></p><p> A more robust protection may be achieved by a third dose as data from additional studies of the companies indicate that a booster with the current COVID-19 vaccine from Pfizer and BioNTech increases the antibody titers by 25-fold. According to the companies’ preliminary data, a third dose provides a similar level of neutralizing antibodies to Omicron as is observed after two doses against wild-type and other variants that emerged before Omicron. These antibody levels are associated with high efficacy against both the wild-type virus and these variants. A third dose also strongly increases CD8+T cell levels against multiple spike protein epitopes which are considered to correlate with the protection against severe disease. Compared to the wild-type virus, the vast majority of these epitopes remain unchanged in the Omicron spike variant.</p><p><blockquote>第三剂可以实现更强大的保护，因为两家公司的其他研究数据表明，辉瑞和BioNTech的当前新冠肺炎疫苗的加强剂可以将抗体滴度提高25倍。根据两家公司的初步数据，第三剂疫苗提供的奥密克戎中和抗体水平与针对野生型和奥密克戎之前出现的其他变种的两剂疫苗后观察到的相似。这些抗体水平与针对野生型病毒和这些变体两者的高功效相关。第三剂量还强烈增加针对多个刺突蛋白表位的CD8+T细胞水平，所述多个刺突蛋白表位被认为与针对严重疾病的保护相关。与野生型病毒相比，这些表位中的绝大多数在奥密克戎刺突变体中保持不变。</blockquote></p><p> “Although two doses of the vaccine may still offer protection against severe disease caused by the Omicron strain, it’s clear from these preliminary data that protection is improved with a third dose of our vaccine,” said&nbsp;<b>Albert Bourla, Chairman and Chief Executive Officer, Pfizer</b>. “Ensuring as many people as possible are fully vaccinated with the first two dose series and a booster remains the best course of action to prevent the spread of COVID-19.”</p><p><blockquote>“虽然两剂疫苗可能仍然可以预防由奥密克戎毒株引起的严重疾病，但从这些初步数据可以清楚地看出，第三剂我们的疫苗可以提高保护作用，”他说。<b>Albert Bourla，辉瑞公司董事长兼首席执行官</b>.“确保尽可能多的人完全接种前两剂系列疫苗和加强剂仍然是防止COVID-19传播的最佳行动方案。”</blockquote></p><p> “Our preliminary, first dataset indicate that a third dose could still offer a sufficient level of protection from disease of any severity caused by the Omicron variant,” said&nbsp;<b>Ugur Sahin, M.D., CEO and Co-Founder of BioNTech</b>. “Broad vaccination and booster campaigns around the world could help us to better protect people everywhere and to get through the winter season. We continue to work on an adapted vaccine which, we believe, will help to induce a high level of protection against Omicron-induced COVID-19 disease as well as a prolonged protection compared to the current vaccine.”</p><p><blockquote>“我们的初步、第一个数据集表明，第三剂疫苗仍然可以提供足够的保护，预防由奥密克戎变种引起的任何严重程度的疾病，”他说。<b>Ugur Sahin，医学博士，BioNTech首席执行官兼联合创始人</b>“世界各地广泛的疫苗接种和加强疫苗接种活动可以帮助我们更好地保护世界各地的人们并度过冬季。我们继续研究一种适应性疫苗，我们相信这将有助于诱导针对奥密克戎引起的COVID-19疾病的高水平保护，与目前的疫苗相比，保护时间更长。”</blockquote></p><p></p><p> While these results are preliminary, the companies will continue to collect more laboratory data and evaluate real-world effectiveness to assess and confirm protection against Omicron and inform the most effective path forward. On November 25, the companies started to develop an Omicron-specific COVID-19 vaccine. The development will continue as planned in the event that a vaccine adaption is needed to increase the level and duration of protection against Omicron. First batches of the Omicron-based vaccine can be produced and are planned to be ready for deliveries within 100 days, pending regulatory approval. Pfizer and BioNTech have tested other variant-specific vaccines as well, which have produced very strong neutralization titers and a tolerable safety profile. Based on this experience the companies have high confidence that if needed they can deliver an Omicron-based vaccine in March 2022. The companies have also previously initiated clinical trials with variant-specific vaccines (Alpha, Beta, Delta &amp; Alpha/Delta Mix) and data from these studies will be submitted to regulatory agencies around the world to help accelerate the process of adapting the vaccine and gaining regulatory authorization or approval of an Omicron-specific vaccine, if needed. The companies have previously announced that they expect to produce four billion doses of BNT162b2 in 2022, and this capacity is not expected to change if an adapted vaccine is required.</p><p><blockquote>虽然这些结果是初步的，但两家公司将继续收集更多的实验室数据并评估现实世界的有效性，以评估和确认对奥密克戎的保护，并为最有效的前进道路提供信息。11月25日，两家公司开始开发一种针对奥密克戎的COVID-19疫苗。如果需要调整疫苗以提高对奥密克戎的保护水平和持续时间，开发将按计划继续进行。第一批基于奥密克戎的疫苗可以生产，并计划在100天内准备好交付，等待监管部门的批准。辉瑞和BioNTech也测试了其他变异特异性疫苗，这些疫苗产生了非常强的中和滴度和可耐受的安全性。基于这一经验，这些公司非常有信心，如果需要，他们可以在2022年3月交付基于奥密克戎的疫苗。这些公司此前还启动了变异特异性疫苗（Alpha、Beta、Delta和Alpha/Delta Mix）的临床试验，这些研究的数据将提交给世界各地的监管机构，以帮助加快适应疫苗的过程，并在需要时获得奥密克戎特异性疫苗的监管授权或批准。两家公司此前曾宣布，他们预计在2022年生产40亿剂BNT162b2，如果需要适应的疫苗，预计这一产能不会改变。</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>Pfizer, BioNTech say third dose neutralizes Omicron variant<blockquote>辉瑞和BioNTech表示第三剂疫苗可以中和奥密克戎病毒变种</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; 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}\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, BioNTech say third dose neutralizes Omicron variant<blockquote>辉瑞和BioNTech表示第三剂疫苗可以中和奥密克戎病毒变种</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\">2021-12-08 20:00</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>Pfizer and biontech stocks narrowed their losses&nbsp;in premarket trading&nbsp;after&nbsp;they provided update on Omicron variant.</p><p><blockquote>辉瑞和biontech股票在提供奥密克戎变种的最新信息后，在盘前交易中收窄了跌幅。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/896ce4e657b0942d9d7a0abce1c3d2f7\" tg-width=\"853\" tg-height=\"622\" referrerpolicy=\"no-referrer\"><img src=\"https://static.tigerbbs.com/35c4bf42aa2936640aedd52e01beebc5\" tg-width=\"853\" tg-height=\"618\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p> <ul>  <li><i>Preliminary laboratory studies demonstrate that three doses of the Pfizer-BioNTech COVID-19 Vaccine neutralize the Omicron variant (B.1.1.529 lineage) while two doses show significantly reduced neutralization titers</i></li>  <li><i>Data indicate that a third dose of BNT162b2 increases the neutralizing antibody titers by 25-fold compared to two doses against the Omicron variant; titers after the booster dose are comparable to titers observed after two doses against the wild-type virus which are associated with high levels of protection</i></li>  <li><i>As 80% of epitopes in the spike protein recognized by CD8+ T cells are not affected by the mutations in the Omicron variant, two doses may still induce protection against severe disease</i></li>  <li><i>The companies continue to advance the development of a variant-specific vaccine for Omicron and expect to have it available by March in the event that an adaption is needed to further increase the level and duration of protection – with no change expected to the companies’ four billion dose capacity for 2022</i></li> </ul> Pfizer Inc.&nbsp;and&nbsp;BioNTech SE&nbsp;today announced results from an initial&nbsp;<i>laboratory</i>&nbsp;study demonstrating that serum antibodies induced by the Pfizer-BioNTech COVID-19 Vaccine (BNT162b2) neutralize the SARS-CoV-2 Omicron variant after three doses. Sera obtained from vaccinees one month after receiving the booster vaccination (third dose of BNT162b2 vaccine) neutralized the Omicron variant to levels that are comparable to thoseobserved for the wild-type SARS-CoV-2 spike protein after two doses.</p><p><blockquote><ul><li><i>初步实验室研究表明，三剂辉瑞-BioNTech新冠肺炎疫苗中和了奥密克戎变异体（B.1.1.529谱系），而两剂显示中和滴度显著降低</i></li><li><i>数据表明，与针对奥密克戎变体的两个剂量相比，第三个剂量的BNT162b2使中和抗体滴度增加了25倍；加强剂量后的滴度与针对野生型病毒的两次剂量后观察到的滴度相当，其与高水平的保护相关</i></li><li><i>由于CD8+T细胞识别的刺突蛋白中80%的表位不受奥密克戎变异体突变的影响，两次剂量仍可能诱导对严重疾病的保护</i></li><li><i>两家公司继续推进针对奥密克戎病毒的变异特异性疫苗的开发，预计如果需要进行调整以进一步提高保护水平和持续时间，将在3月份之前上市-预计两家公司的疫苗不会发生变化2022年40亿剂产能</i></li></ul>辉瑞公司和BioNTech SE今天公布了初步结果<i>实验室</i>研究表明，辉瑞-BioNTech新冠肺炎疫苗（BNT162b2）诱导的血清抗体在三剂后中和新型冠状病毒奥密克戎变异体。在接受加强疫苗接种（第三剂BNT162b2疫苗）后一个月从接种者获得的血清中和了奥密克戎变异体，其水平与两剂后观察到的野生型新型冠状病毒刺突蛋白相当。</blockquote></p><p> Sera from individuals who received two doses of the current COVID-19 vaccine did exhibit, on average, more than a 25-fold reduction in neutralization titers against the Omicron variant compared to wild-type, indicating that two doses of BNT162b2 may not be sufficient to protect against infection with the Omicron variant. However, as the vast majority of epitopes targeted by vaccine-induced T cells are not affected by the mutations in Omicron, the companies believe that vaccinated individuals may still be protected against severe forms of the disease and are closely monitoring real world effectiveness against Omicron, globally.</p><p><blockquote>与野生型相比，接受两剂当前新冠肺炎疫苗的个体的血清对奥密克戎变异体的中和滴度平均降低了25倍以上，这表明两剂BNT162b2可能不足以预防奥密克戎变异体的感染。然而，由于疫苗诱导的T细胞靶向的绝大多数表位不受奥密克戎病突变的影响，两家公司认为，接种疫苗的个体可能仍然可以预防严重形式的疾病，并正在密切监测全球范围内针对奥密克戎的真实有效性。</blockquote></p><p> A more robust protection may be achieved by a third dose as data from additional studies of the companies indicate that a booster with the current COVID-19 vaccine from Pfizer and BioNTech increases the antibody titers by 25-fold. According to the companies’ preliminary data, a third dose provides a similar level of neutralizing antibodies to Omicron as is observed after two doses against wild-type and other variants that emerged before Omicron. These antibody levels are associated with high efficacy against both the wild-type virus and these variants. A third dose also strongly increases CD8+T cell levels against multiple spike protein epitopes which are considered to correlate with the protection against severe disease. Compared to the wild-type virus, the vast majority of these epitopes remain unchanged in the Omicron spike variant.</p><p><blockquote>第三剂可以实现更强大的保护，因为两家公司的其他研究数据表明，辉瑞和BioNTech的当前新冠肺炎疫苗的加强剂可以将抗体滴度提高25倍。根据两家公司的初步数据，第三剂疫苗提供的奥密克戎中和抗体水平与针对野生型和奥密克戎之前出现的其他变种的两剂疫苗后观察到的相似。这些抗体水平与针对野生型病毒和这些变体两者的高功效相关。第三剂量还强烈增加针对多个刺突蛋白表位的CD8+T细胞水平，所述多个刺突蛋白表位被认为与针对严重疾病的保护相关。与野生型病毒相比，这些表位中的绝大多数在奥密克戎刺突变体中保持不变。</blockquote></p><p> “Although two doses of the vaccine may still offer protection against severe disease caused by the Omicron strain, it’s clear from these preliminary data that protection is improved with a third dose of our vaccine,” said&nbsp;<b>Albert Bourla, Chairman and Chief Executive Officer, Pfizer</b>. “Ensuring as many people as possible are fully vaccinated with the first two dose series and a booster remains the best course of action to prevent the spread of COVID-19.”</p><p><blockquote>“虽然两剂疫苗可能仍然可以预防由奥密克戎毒株引起的严重疾病，但从这些初步数据可以清楚地看出，第三剂我们的疫苗可以提高保护作用，”他说。<b>Albert Bourla，辉瑞公司董事长兼首席执行官</b>.“确保尽可能多的人完全接种前两剂系列疫苗和加强剂仍然是防止COVID-19传播的最佳行动方案。”</blockquote></p><p> “Our preliminary, first dataset indicate that a third dose could still offer a sufficient level of protection from disease of any severity caused by the Omicron variant,” said&nbsp;<b>Ugur Sahin, M.D., CEO and Co-Founder of BioNTech</b>. “Broad vaccination and booster campaigns around the world could help us to better protect people everywhere and to get through the winter season. We continue to work on an adapted vaccine which, we believe, will help to induce a high level of protection against Omicron-induced COVID-19 disease as well as a prolonged protection compared to the current vaccine.”</p><p><blockquote>“我们的初步、第一个数据集表明，第三剂疫苗仍然可以提供足够的保护，预防由奥密克戎变种引起的任何严重程度的疾病，”他说。<b>Ugur Sahin，医学博士，BioNTech首席执行官兼联合创始人</b>“世界各地广泛的疫苗接种和加强疫苗接种活动可以帮助我们更好地保护世界各地的人们并度过冬季。我们继续研究一种适应性疫苗，我们相信这将有助于诱导针对奥密克戎引起的COVID-19疾病的高水平保护，与目前的疫苗相比，保护时间更长。”</blockquote></p><p></p><p> While these results are preliminary, the companies will continue to collect more laboratory data and evaluate real-world effectiveness to assess and confirm protection against Omicron and inform the most effective path forward. On November 25, the companies started to develop an Omicron-specific COVID-19 vaccine. The development will continue as planned in the event that a vaccine adaption is needed to increase the level and duration of protection against Omicron. First batches of the Omicron-based vaccine can be produced and are planned to be ready for deliveries within 100 days, pending regulatory approval. Pfizer and BioNTech have tested other variant-specific vaccines as well, which have produced very strong neutralization titers and a tolerable safety profile. Based on this experience the companies have high confidence that if needed they can deliver an Omicron-based vaccine in March 2022. The companies have also previously initiated clinical trials with variant-specific vaccines (Alpha, Beta, Delta &amp; Alpha/Delta Mix) and data from these studies will be submitted to regulatory agencies around the world to help accelerate the process of adapting the vaccine and gaining regulatory authorization or approval of an Omicron-specific vaccine, if needed. The companies have previously announced that they expect to produce four billion doses of BNT162b2 in 2022, and this capacity is not expected to change if an adapted vaccine is required.</p><p><blockquote>虽然这些结果是初步的，但两家公司将继续收集更多的实验室数据并评估现实世界的有效性，以评估和确认对奥密克戎的保护，并为最有效的前进道路提供信息。11月25日，两家公司开始开发一种针对奥密克戎的COVID-19疫苗。如果需要调整疫苗以提高对奥密克戎的保护水平和持续时间，开发将按计划继续进行。第一批基于奥密克戎的疫苗可以生产，并计划在100天内准备好交付，等待监管部门的批准。辉瑞和BioNTech也测试了其他变异特异性疫苗，这些疫苗产生了非常强的中和滴度和可耐受的安全性。基于这一经验，这些公司非常有信心，如果需要，他们可以在2022年3月交付基于奥密克戎的疫苗。这些公司此前还启动了变异特异性疫苗（Alpha、Beta、Delta和Alpha/Delta Mix）的临床试验，这些研究的数据将提交给世界各地的监管机构，以帮助加快适应疫苗的过程，并在需要时获得奥密克戎特异性疫苗的监管授权或批准。两家公司此前曾宣布，他们预计在2022年生产40亿剂BNT162b2，如果需要适应的疫苗，预计这一产能不会改变。</blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BNTX":"BioNTech SE","PFE":"辉瑞"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1177589023","content_text":"Pfizer and biontech stocks narrowed their losses in premarket trading after they provided update on Omicron variant.\n\n\nPreliminary laboratory studies demonstrate that three doses of the Pfizer-BioNTech COVID-19 Vaccine neutralize the Omicron variant (B.1.1.529 lineage) while two doses show significantly reduced neutralization titers\nData indicate that a third dose of BNT162b2 increases the neutralizing antibody titers by 25-fold compared to two doses against the Omicron variant; titers after the booster dose are comparable to titers observed after two doses against the wild-type virus which are associated with high levels of protection\nAs 80% of epitopes in the spike protein recognized by CD8+ T cells are not affected by the mutations in the Omicron variant, two doses may still induce protection against severe disease\nThe companies continue to advance the development of a variant-specific vaccine for Omicron and expect to have it available by March in the event that an adaption is needed to further increase the level and duration of protection – with no change expected to the companies’ four billion dose capacity for 2022\n\nPfizer Inc. and BioNTech SE today announced results from an initial laboratory study demonstrating that serum antibodies induced by the Pfizer-BioNTech COVID-19 Vaccine (BNT162b2) neutralize the SARS-CoV-2 Omicron variant after three doses. Sera obtained from vaccinees one month after receiving the booster vaccination (third dose of BNT162b2 vaccine) neutralized the Omicron variant to levels that are comparable to thoseobserved for the wild-type SARS-CoV-2 spike protein after two doses.\nSera from individuals who received two doses of the current COVID-19 vaccine did exhibit, on average, more than a 25-fold reduction in neutralization titers against the Omicron variant compared to wild-type, indicating that two doses of BNT162b2 may not be sufficient to protect against infection with the Omicron variant. However, as the vast majority of epitopes targeted by vaccine-induced T cells are not affected by the mutations in Omicron, the companies believe that vaccinated individuals may still be protected against severe forms of the disease and are closely monitoring real world effectiveness against Omicron, globally.\nA more robust protection may be achieved by a third dose as data from additional studies of the companies indicate that a booster with the current COVID-19 vaccine from Pfizer and BioNTech increases the antibody titers by 25-fold. According to the companies’ preliminary data, a third dose provides a similar level of neutralizing antibodies to Omicron as is observed after two doses against wild-type and other variants that emerged before Omicron. These antibody levels are associated with high efficacy against both the wild-type virus and these variants. A third dose also strongly increases CD8+T cell levels against multiple spike protein epitopes which are considered to correlate with the protection against severe disease. Compared to the wild-type virus, the vast majority of these epitopes remain unchanged in the Omicron spike variant.\n“Although two doses of the vaccine may still offer protection against severe disease caused by the Omicron strain, it’s clear from these preliminary data that protection is improved with a third dose of our vaccine,” said Albert Bourla, Chairman and Chief Executive Officer, Pfizer. “Ensuring as many people as possible are fully vaccinated with the first two dose series and a booster remains the best course of action to prevent the spread of COVID-19.”\n“Our preliminary, first dataset indicate that a third dose could still offer a sufficient level of protection from disease of any severity caused by the Omicron variant,” said Ugur Sahin, M.D., CEO and Co-Founder of BioNTech. “Broad vaccination and booster campaigns around the world could help us to better protect people everywhere and to get through the winter season. We continue to work on an adapted vaccine which, we believe, will help to induce a high level of protection against Omicron-induced COVID-19 disease as well as a prolonged protection compared to the current vaccine.”\nWhile these results are preliminary, the companies will continue to collect more laboratory data and evaluate real-world effectiveness to assess and confirm protection against Omicron and inform the most effective path forward. On November 25, the companies started to develop an Omicron-specific COVID-19 vaccine. The development will continue as planned in the event that a vaccine adaption is needed to increase the level and duration of protection against Omicron. First batches of the Omicron-based vaccine can be produced and are planned to be ready for deliveries within 100 days, pending regulatory approval. Pfizer and BioNTech have tested other variant-specific vaccines as well, which have produced very strong neutralization titers and a tolerable safety profile. Based on this experience the companies have high confidence that if needed they can deliver an Omicron-based vaccine in March 2022. The companies have also previously initiated clinical trials with variant-specific vaccines (Alpha, Beta, Delta & Alpha/Delta Mix) and data from these studies will be submitted to regulatory agencies around the world to help accelerate the process of adapting the vaccine and gaining regulatory authorization or approval of an Omicron-specific vaccine, if needed. The companies have previously announced that they expect to produce four billion doses of BNT162b2 in 2022, and this capacity is not expected to change if an adapted vaccine is required.","news_type":1,"symbols_score_info":{"BNTX":0.9,"PFE":0.9}},"isVote":1,"tweetType":1,"viewCount":5324,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":602086261,"gmtCreate":1638940891259,"gmtModify":1638940891511,"author":{"id":"3570619054429964","authorId":"3570619054429964","name":"evey77","avatar":"https://static.tigerbbs.com/8a042e238635d0f206ea5cc76045eb40","crmLevel":13,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3570619054429964","authorIdStr":"3570619054429964"},"themes":[],"htmlText":"Shoot the shorters 😂","listText":"Shoot the shorters 😂","text":"Shoot the shorters 😂","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/602086261","repostId":"1110034472","repostType":4,"repost":{"id":"1110034472","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":1638934503,"share":"https://www.laohu8.com/m/news/1110034472?lang=zh_CN&edition=full","pubTime":"2021-12-08 11:35","market":"us","language":"en","title":"Alibaba shares fell nearly 5% in Hong Kong market<blockquote>阿里巴巴-SW股价在香港市场下跌近5%</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1110034472","media":"Tiger Newspress","summary":"Alibaba shares fell nearly 5% in Hong Kong market.\nThe stock rose more than 12% on Tuesday.","content":"<p>Alibaba&nbsp;shares&nbsp;fell&nbsp;nearly&nbsp;5%&nbsp;in&nbsp;Hong&nbsp;Kong&nbsp;market.</p><p><blockquote>阿里巴巴-SW股价在香港市场下跌近5%。</blockquote></p><p> The&nbsp;stock&nbsp;rose&nbsp;more&nbsp;than&nbsp;12%&nbsp;on&nbsp;Tuesday.<img src=\"https://static.tigerbbs.com/7164e9b37a74a667396e8d0d739f70b5\" tg-width=\"708\" tg-height=\"600\" width=\"100%\" height=\"auto\"></p><p><blockquote>该股周二涨超12%。</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>Alibaba shares fell nearly 5% in Hong Kong market<blockquote>阿里巴巴-SW股价在香港市场下跌近5%</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\">\nAlibaba shares fell nearly 5% in Hong Kong market<blockquote>阿里巴巴-SW股价在香港市场下跌近5%</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\">2021-12-08 11:35</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>Alibaba&nbsp;shares&nbsp;fell&nbsp;nearly&nbsp;5%&nbsp;in&nbsp;Hong&nbsp;Kong&nbsp;market.</p><p><blockquote>阿里巴巴-SW股价在香港市场下跌近5%。</blockquote></p><p> The&nbsp;stock&nbsp;rose&nbsp;more&nbsp;than&nbsp;12%&nbsp;on&nbsp;Tuesday.<img src=\"https://static.tigerbbs.com/7164e9b37a74a667396e8d0d739f70b5\" tg-width=\"708\" tg-height=\"600\" width=\"100%\" height=\"auto\"></p><p><blockquote>该股周二涨超12%。</blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"09988":"阿里巴巴-W","BABA":"阿里巴巴"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1110034472","content_text":"Alibaba shares fell nearly 5% in Hong Kong market.\nThe stock rose more than 12% on Tuesday.","news_type":1,"symbols_score_info":{"BABA":0.9,"09988":0.9}},"isVote":1,"tweetType":1,"viewCount":4275,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":608867619,"gmtCreate":1638684719901,"gmtModify":1638684720072,"author":{"id":"3570619054429964","authorId":"3570619054429964","name":"evey77","avatar":"https://static.tigerbbs.com/8a042e238635d0f206ea5cc76045eb40","crmLevel":13,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3570619054429964","authorIdStr":"3570619054429964"},"themes":[],"htmlText":"BNPL is encouraging irresponsible buying… ok for people who have the means to pay, but bad for people who are living on tomorrow’s money (that may or may not come)&nbsp;","listText":"BNPL is encouraging irresponsible buying… ok for people who have the means to pay, but bad for people who are living on tomorrow’s money (that may or may not come)&nbsp;","text":"BNPL is encouraging irresponsible buying… ok for people who have the means to pay, but bad for people who are living on tomorrow’s money (that may or may not come)","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/608867619","repostId":"2188291935","repostType":4,"isVote":1,"tweetType":1,"viewCount":5071,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":601426146,"gmtCreate":1638548724796,"gmtModify":1638548925158,"author":{"id":"3570619054429964","authorId":"3570619054429964","name":"evey77","avatar":"https://static.tigerbbs.com/8a042e238635d0f206ea5cc76045eb40","crmLevel":13,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3570619054429964","authorIdStr":"3570619054429964"},"themes":[],"htmlText":"This is so crazy… massacre","listText":"This is so crazy… massacre","text":"This is so crazy… massacre","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":6,"repostSize":0,"link":"https://laohu8.com/post/601426146","repostId":"1192973257","repostType":2,"repost":{"id":"1192973257","kind":"news","weMediaInfo":{"introduction":"为用户提供金融资讯、行情、数据，旨在帮助投资者理解世界，做投资决策。","home_visible":1,"media_name":"老虎资讯综合","id":"102","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1638542620,"share":"https://www.laohu8.com/m/news/1192973257?lang=zh_CN&edition=full","pubTime":"2021-12-03 22:43","market":"us","language":"en","title":"Alibaba shares fell nearly 9%, hitting a 52 week low<blockquote>阿里巴巴-SW股价跌近9%创52周新低</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1192973257","media":"老虎资讯综合","summary":"Alibaba shares fell nearly 9%&nbsp;in morning trading, hitting a 52 week low.","content":"<p>Alibaba shares fell nearly 9%&nbsp;in morning trading, hitting a 52 week low.</p><p><blockquote>阿里巴巴-SW股价早盘下跌近9%，创52周新低。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/bffdf13d46c5b423e7d19ca33abd1d05\" tg-width=\"840\" tg-height=\"470\" width=\"100%\" height=\"auto\"></p><p><blockquote></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>Alibaba shares fell nearly 9%, hitting a 52 week low<blockquote>阿里巴巴-SW股价跌近9%创52周新低</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\">\nAlibaba shares fell nearly 9%, hitting a 52 week low<blockquote>阿里巴巴-SW股价跌近9%创52周新低</blockquote>\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/102\">\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\">老虎资讯综合 </p>\n<p class=\"h-time smaller\">2021-12-03 22:43</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>Alibaba shares fell nearly 9%&nbsp;in morning trading, hitting a 52 week low.</p><p><blockquote>阿里巴巴-SW股价早盘下跌近9%，创52周新低。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/bffdf13d46c5b423e7d19ca33abd1d05\" tg-width=\"840\" tg-height=\"470\" width=\"100%\" height=\"auto\"></p><p><blockquote></blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BABA":"阿里巴巴"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1192973257","content_text":"Alibaba shares fell nearly 9% in morning trading, hitting a 52 week low.","news_type":1,"symbols_score_info":{"BABA":0.9}},"isVote":1,"tweetType":1,"viewCount":3251,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":603293360,"gmtCreate":1638410206287,"gmtModify":1638410618995,"author":{"id":"3570619054429964","authorId":"3570619054429964","name":"evey77","avatar":"https://static.tigerbbs.com/8a042e238635d0f206ea5cc76045eb40","crmLevel":13,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3570619054429964","authorIdStr":"3570619054429964"},"themes":[],"htmlText":"Waiting for <a href=\"https://laohu8.com/S/MELI\">$MercadoLibre(MELI)$</a> to go below $1,000 if possible&nbsp;","listText":"Waiting for <a href=\"https://laohu8.com/S/MELI\">$MercadoLibre(MELI)$</a> to go below $1,000 if possible&nbsp;","text":"Waiting for $MercadoLibre(MELI)$ to go below $1,000 if possible","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/603293360","repostId":"2188568514","repostType":4,"isVote":1,"tweetType":1,"viewCount":4716,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":600309654,"gmtCreate":1638062257387,"gmtModify":1638062257518,"author":{"id":"3570619054429964","authorId":"3570619054429964","name":"evey77","avatar":"https://static.tigerbbs.com/8a042e238635d0f206ea5cc76045eb40","crmLevel":13,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3570619054429964","authorIdStr":"3570619054429964"},"themes":[],"htmlText":"Too much consumerism&nbsp;is bad for the environment though, creating too much waste&nbsp;😅","listText":"Too much consumerism&nbsp;is bad for the environment though, creating too much waste&nbsp;😅","text":"Too much consumerism is bad for the environment though, creating too much waste 😅","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/600309654","repostId":"2186764328","repostType":4,"isVote":1,"tweetType":1,"viewCount":3760,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3565944798085236","authorId":"3565944798085236","name":"ET77","avatar":"https://static.tigerbbs.com/2c73ac2c436c2e43d9b78a2c52d24cb7","crmLevel":12,"crmLevelSwitch":0,"idStr":"3565944798085236","authorIdStr":"3565944798085236"},"content":"Why r the diScounts so lousy","text":"Why r the diScounts so lousy","html":"Why r the diScounts so lousy"}],"imageCount":0,"langContent":"CN","totalScore":0},{"id":877286689,"gmtCreate":1637936135709,"gmtModify":1637936135828,"author":{"id":"3570619054429964","authorId":"3570619054429964","name":"evey77","avatar":"https://static.tigerbbs.com/8a042e238635d0f206ea5cc76045eb40","crmLevel":13,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3570619054429964","authorIdStr":"3570619054429964"},"themes":[],"htmlText":"Roller coaster on news again&nbsp;","listText":"Roller coaster on news again&nbsp;","text":"Roller coaster on news again","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/877286689","repostId":"1163577509","repostType":4,"repost":{"id":"1163577509","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":1637931981,"share":"https://www.laohu8.com/m/news/1163577509?lang=zh_CN&edition=full","pubTime":"2021-11-26 21:06","market":"us","language":"en","title":"Toplines Before US Market Open on Friday<blockquote>周五美国市场开盘前的营收</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1163577509","media":"Tiger Newspress","summary":"U.S. stock index futures pointed to a slide at the post-Thanksgiving Wall Street open and oil hit tw","content":"<p>U.S. stock index futures pointed to a slide at the post-Thanksgiving Wall Street open and oil hit two-month lows as fears of a possibly vaccine-resistant coronavirus variant sent investors scurrying to safe-haven assets.</p><p><blockquote>美国股指期货在感恩节后华尔街开盘下跌，油价触及两个月低点，原因是对可能对疫苗产生耐药性的冠状病毒变种的担忧促使投资者纷纷转向避险资产。</blockquote></p><p> At 8:00 a.m. ET, Dow E-minis were down 776 points, or 2.17%, S&amp;P 500 E-minis were down 73.25 points, or 1.56% and Nasdaq 100 E-minis were down 147 points, or 0.9%.</p><p><blockquote>截至美国东部时间上午8:00，道指e-mini下跌776点，跌幅2.17%，标普500 e-mini下跌73.25点，跌幅1.56%，纳斯达克100 e-mini下跌147点，跌幅0.9%。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/500e72c7269646a086528ac1783b7ea9\" tg-width=\"1199\" tg-height=\"366\" referrerpolicy=\"no-referrer\"><span>*Source From Tiger Trade, EST 08:00</span></p><p><blockquote><p class=\"t-img-caption\"><span>*来源自Tiger Trade，美国东部时间08:00</span></p></blockquote></p><p> \"This could be the moment that people look back on as derailing the economic recovery and rate rises but what we have is a big insertion of uncertainty rather than something material,\" said Peter Rutter, head of equities at Royal London Asset Management.</p><p><blockquote>皇家伦敦资产管理公司股票主管彼得·鲁特表示：“这可能是人们回顾经济复苏和加息脱轨的时刻，但我们面临的是巨大的不确定性，而不是实质性的东西。”</blockquote></p><p> \"The very fact we don't know is what's concerning the market.\"</p><p><blockquote>“我们不知道的事实是市场关心什么。”</blockquote></p><p> The WHO is convening an experts' meeting on Friday to evaluate whether the new variant is a \"variant of concern\".</p><p><blockquote>世卫组织将于周五召开专家会议，评估新变种是否是“值得关注的变种”。</blockquote></p><p> It will take a few weeks to understand the impact of the variant, a spokesperson said.</p><p><blockquote>一位发言人表示，需要几周时间才能了解该变种的影响。</blockquote></p><p> \"We need to see how transmissible this variant is, is it able to evade the vaccines - this is crucial,\" Coghlan said.</p><p><blockquote>“我们需要看看这种变种的传播性如何，它是否能够逃避疫苗——这至关重要，”科格兰说。</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> Travel and leisure stocks – Airline stocks are getting hit hard in the premarket by news of the new Covid-19 variant, includingAmerican (AAL),United (UAL),Southwest (LUV),Delta (DAL)andJetBlue (JBLU). Cruise stocks were also getting rocked:Royal Caribbean (RCL)slid 10.6%,Carnival (CCL)took a 10.5% hit, andNorwegian (NCLH)fell 10%.</p><p><blockquote>旅游和休闲股——航空股在盘前因新的Covid-19变种的消息而受到沉重打击，包括美国航空(AAL)、联合航空(UAL)、西南航空(LUV)、达美航空(DAL)和捷蓝航空(JBLU)。邮轮股也受到冲击：皇家加勒比(RCL)下跌10.6%，嘉年华(CCL)下跌10.5%，挪威航空(NCLH)下跌10%。</blockquote></p><p> Stay-at-home stocks – Stocks that benefited from Covid-19 closures rebounded, withZoom Video (ZM)gaining 7.8% in premarket trading,DocuSign (DOCU)up 3%,Netflix (NFLX)higher by 2.2% andPeloton (PTON)jumping 6.2%.</p><p><blockquote>居家股票——受益于Covid-19关闭的股票反弹，Zoom Video(ZM)在盘前交易中上涨7.8%，DocuSign(DOCU)上涨3%，Netflix(NFLX)上涨2.2%，Peloton(PTON)上涨6.2%。</blockquote></p><p> Vaccine stocks – These are rising following the Covid variant news, withModerna (MRNA)surging 8.6% in the premarket,Pfizer (PFE)jumping 5.6%,BioNTech (BNTX)surging 7.3% andNovavax (NVAX)rallying 5.3%.</p><p><blockquote>疫苗股——Covid变种消息传出后，疫苗股纷纷上涨，Moderna(MRNA)盘前飙升8.6%，辉瑞(PFE)上涨5.6%，BioNTech(BNTX)飙升7.3%，Novavax(NVAX)上涨5.3%。</blockquote></p><p> <a href=\"https://laohu8.com/S/MRK\">Merck</a> (MRK)– The drug maker and its partner, Ridgeback Biotherapeutics, said their experimental Covid pill cut the risk of death and hospitalization in at-risk patients by 30%. However, that was a lower efficacy rate than was seen in an earlier study, and Merck fell 3% in premarket trading.</p><p><blockquote><a href=\"https://laohu8.com/S/MRK\">默克</a>（MRK）-制药商及其合作伙伴Ridgeback Biotherapeutics表示，他们的实验性Covid药丸将高危患者的死亡和住院风险降低了30%。然而，这一有效率低于早期研究中看到的，默克公司在盘前交易中下跌了3%。</blockquote></p><p> <a href=\"https://laohu8.com/S/TSLA\">Tesla Motors</a> (TSLA)– Tesla will invest $188 million to expand production capacity at its Shanghai factory, according to the state-backed Beijing Daily newspaper. Tesla fell 2.3% in the premarket.</p><p><blockquote><a href=\"https://laohu8.com/S/TSLA\">特斯拉</a>(TSLA)——据官方媒体《北京日报》报道，特斯拉将投资1.88亿美元扩大其上海工厂的产能。特斯拉盘前下跌2.3%。</blockquote></p><p> <a href=\"https://laohu8.com/S/MU\">Micron Technology</a> (MU)– Micron and Taiwan-based chip makerUnited Microelectronics (UMC)have withdrawn intellectual property complaints against each other. The two companies did not give a reason for ending those cases. Micron fell 1.6% in the premarket, while United Micro slid 2.3%.</p><p><blockquote><a href=\"https://laohu8.com/S/MU\">美光科技</a>(MU)——美光科技和台湾芯片制造商联合微电子(UMC)已撤回对彼此的知识产权投诉。两家公司没有给出结束这些案件的理由。美光科技盘前下跌1.6%，联合微科技下跌2.3%。</blockquote></p><p> <a href=\"https://laohu8.com/S/BA\">Boeing</a> (BA)– Boeing was told that its bid to sell fighter jets to Canada did not meet the government’s requirements, according to a report in the Canadian Press. The report said two other competitors,Lockheed Martin (LMT)and Sweden’s Saab, did meet those requirements and remain in the competition. Boeing lost 6.3% in premarket action.</p><p><blockquote><a href=\"https://laohu8.com/S/BA\">波音公司</a>（BA）——据加拿大媒体报道，波音公司被告知，其向加拿大出售战斗机的投标不符合政府的要求。报告称，另外两家竞争对手洛克希德·马丁公司（LMT）和瑞典萨博公司确实满足了这些要求，并继续参与竞争。波音公司盘前下跌6.3%。</blockquote></p><p> <a href=\"https://laohu8.com/S/MSFT\">Microsoft</a> (MSFT)– Microsoft Chief Executive Officer Satya Nadella disclosed the sale of 839,000 shares in an SEC filing, leaving him with ownership of 831,000 shares following that transaction. Microsoft fell 1% in the premarket.</p><p><blockquote><a href=\"https://laohu8.com/S/MSFT\">微软</a>(MSFT)-微软首席执行官萨蒂亚·纳德拉(Satya Nadella)在向SEC提交的文件中披露了出售839,000股股票的情况，交易后他拥有831,000股股票的所有权。微软盘前下跌1%。</blockquote></p><p> <a href=\"https://laohu8.com/S/PDD\">Pinduoduo Inc.</a> (PDD)– The China-based e-commerce platform operator saw its shares plummet 17.7% in the premarket, after it reported quarterly revenue that was well below analyst estimates amid increasing competition from companies like&nbsp;Alibaba (BABA)&nbsp;and&nbsp;JD.com (JD).</p><p><blockquote><a href=\"https://laohu8.com/S/PDD\">拼多多</a>(PDD)——由于来自阿里巴巴-SW(BABA)和京东等公司的竞争日益激烈，这家总部位于中国的电子商务平台运营商公布的季度收入远低于分析师预期，其股价在盘前暴跌17.7%。com（京东）。</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 Friday<blockquote>周五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; 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}\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 Friday<blockquote>周五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\">2021-11-26 21:06</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>U.S. stock index futures pointed to a slide at the post-Thanksgiving Wall Street open and oil hit two-month lows as fears of a possibly vaccine-resistant coronavirus variant sent investors scurrying to safe-haven assets.</p><p><blockquote>美国股指期货在感恩节后华尔街开盘下跌，油价触及两个月低点，原因是对可能对疫苗产生耐药性的冠状病毒变种的担忧促使投资者纷纷转向避险资产。</blockquote></p><p> At 8:00 a.m. ET, Dow E-minis were down 776 points, or 2.17%, S&amp;P 500 E-minis were down 73.25 points, or 1.56% and Nasdaq 100 E-minis were down 147 points, or 0.9%.</p><p><blockquote>截至美国东部时间上午8:00，道指e-mini下跌776点，跌幅2.17%，标普500 e-mini下跌73.25点，跌幅1.56%，纳斯达克100 e-mini下跌147点，跌幅0.9%。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/500e72c7269646a086528ac1783b7ea9\" tg-width=\"1199\" tg-height=\"366\" referrerpolicy=\"no-referrer\"><span>*Source From Tiger Trade, EST 08:00</span></p><p><blockquote><p class=\"t-img-caption\"><span>*来源自Tiger Trade，美国东部时间08:00</span></p></blockquote></p><p> \"This could be the moment that people look back on as derailing the economic recovery and rate rises but what we have is a big insertion of uncertainty rather than something material,\" said Peter Rutter, head of equities at Royal London Asset Management.</p><p><blockquote>皇家伦敦资产管理公司股票主管彼得·鲁特表示：“这可能是人们回顾经济复苏和加息脱轨的时刻，但我们面临的是巨大的不确定性，而不是实质性的东西。”</blockquote></p><p> \"The very fact we don't know is what's concerning the market.\"</p><p><blockquote>“我们不知道的事实是市场关心什么。”</blockquote></p><p> The WHO is convening an experts' meeting on Friday to evaluate whether the new variant is a \"variant of concern\".</p><p><blockquote>世卫组织将于周五召开专家会议，评估新变种是否是“值得关注的变种”。</blockquote></p><p> It will take a few weeks to understand the impact of the variant, a spokesperson said.</p><p><blockquote>一位发言人表示，需要几周时间才能了解该变种的影响。</blockquote></p><p> \"We need to see how transmissible this variant is, is it able to evade the vaccines - this is crucial,\" Coghlan said.</p><p><blockquote>“我们需要看看这种变种的传播性如何，它是否能够逃避疫苗——这至关重要，”科格兰说。</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> Travel and leisure stocks – Airline stocks are getting hit hard in the premarket by news of the new Covid-19 variant, includingAmerican (AAL),United (UAL),Southwest (LUV),Delta (DAL)andJetBlue (JBLU). Cruise stocks were also getting rocked:Royal Caribbean (RCL)slid 10.6%,Carnival (CCL)took a 10.5% hit, andNorwegian (NCLH)fell 10%.</p><p><blockquote>旅游和休闲股——航空股在盘前因新的Covid-19变种的消息而受到沉重打击，包括美国航空(AAL)、联合航空(UAL)、西南航空(LUV)、达美航空(DAL)和捷蓝航空(JBLU)。邮轮股也受到冲击：皇家加勒比(RCL)下跌10.6%，嘉年华(CCL)下跌10.5%，挪威航空(NCLH)下跌10%。</blockquote></p><p> Stay-at-home stocks – Stocks that benefited from Covid-19 closures rebounded, withZoom Video (ZM)gaining 7.8% in premarket trading,DocuSign (DOCU)up 3%,Netflix (NFLX)higher by 2.2% andPeloton (PTON)jumping 6.2%.</p><p><blockquote>居家股票——受益于Covid-19关闭的股票反弹，Zoom Video(ZM)在盘前交易中上涨7.8%，DocuSign(DOCU)上涨3%，Netflix(NFLX)上涨2.2%，Peloton(PTON)上涨6.2%。</blockquote></p><p> Vaccine stocks – These are rising following the Covid variant news, withModerna (MRNA)surging 8.6% in the premarket,Pfizer (PFE)jumping 5.6%,BioNTech (BNTX)surging 7.3% andNovavax (NVAX)rallying 5.3%.</p><p><blockquote>疫苗股——Covid变种消息传出后，疫苗股纷纷上涨，Moderna(MRNA)盘前飙升8.6%，辉瑞(PFE)上涨5.6%，BioNTech(BNTX)飙升7.3%，Novavax(NVAX)上涨5.3%。</blockquote></p><p> <a href=\"https://laohu8.com/S/MRK\">Merck</a> (MRK)– The drug maker and its partner, Ridgeback Biotherapeutics, said their experimental Covid pill cut the risk of death and hospitalization in at-risk patients by 30%. However, that was a lower efficacy rate than was seen in an earlier study, and Merck fell 3% in premarket trading.</p><p><blockquote><a href=\"https://laohu8.com/S/MRK\">默克</a>（MRK）-制药商及其合作伙伴Ridgeback Biotherapeutics表示，他们的实验性Covid药丸将高危患者的死亡和住院风险降低了30%。然而，这一有效率低于早期研究中看到的，默克公司在盘前交易中下跌了3%。</blockquote></p><p> <a href=\"https://laohu8.com/S/TSLA\">Tesla Motors</a> (TSLA)– Tesla will invest $188 million to expand production capacity at its Shanghai factory, according to the state-backed Beijing Daily newspaper. Tesla fell 2.3% in the premarket.</p><p><blockquote><a href=\"https://laohu8.com/S/TSLA\">特斯拉</a>(TSLA)——据官方媒体《北京日报》报道，特斯拉将投资1.88亿美元扩大其上海工厂的产能。特斯拉盘前下跌2.3%。</blockquote></p><p> <a href=\"https://laohu8.com/S/MU\">Micron Technology</a> (MU)– Micron and Taiwan-based chip makerUnited Microelectronics (UMC)have withdrawn intellectual property complaints against each other. The two companies did not give a reason for ending those cases. Micron fell 1.6% in the premarket, while United Micro slid 2.3%.</p><p><blockquote><a href=\"https://laohu8.com/S/MU\">美光科技</a>(MU)——美光科技和台湾芯片制造商联合微电子(UMC)已撤回对彼此的知识产权投诉。两家公司没有给出结束这些案件的理由。美光科技盘前下跌1.6%，联合微科技下跌2.3%。</blockquote></p><p> <a href=\"https://laohu8.com/S/BA\">Boeing</a> (BA)– Boeing was told that its bid to sell fighter jets to Canada did not meet the government’s requirements, according to a report in the Canadian Press. The report said two other competitors,Lockheed Martin (LMT)and Sweden’s Saab, did meet those requirements and remain in the competition. Boeing lost 6.3% in premarket action.</p><p><blockquote><a href=\"https://laohu8.com/S/BA\">波音公司</a>（BA）——据加拿大媒体报道，波音公司被告知，其向加拿大出售战斗机的投标不符合政府的要求。报告称，另外两家竞争对手洛克希德·马丁公司（LMT）和瑞典萨博公司确实满足了这些要求，并继续参与竞争。波音公司盘前下跌6.3%。</blockquote></p><p> <a href=\"https://laohu8.com/S/MSFT\">Microsoft</a> (MSFT)– Microsoft Chief Executive Officer Satya Nadella disclosed the sale of 839,000 shares in an SEC filing, leaving him with ownership of 831,000 shares following that transaction. Microsoft fell 1% in the premarket.</p><p><blockquote><a href=\"https://laohu8.com/S/MSFT\">微软</a>(MSFT)-微软首席执行官萨蒂亚·纳德拉(Satya Nadella)在向SEC提交的文件中披露了出售839,000股股票的情况，交易后他拥有831,000股股票的所有权。微软盘前下跌1%。</blockquote></p><p> <a href=\"https://laohu8.com/S/PDD\">Pinduoduo Inc.</a> (PDD)– The China-based e-commerce platform operator saw its shares plummet 17.7% in the premarket, after it reported quarterly revenue that was well below analyst estimates amid increasing competition from companies like&nbsp;Alibaba (BABA)&nbsp;and&nbsp;JD.com (JD).</p><p><blockquote><a href=\"https://laohu8.com/S/PDD\">拼多多</a>(PDD)——由于来自阿里巴巴-SW(BABA)和京东等公司的竞争日益激烈，这家总部位于中国的电子商务平台运营商公布的季度收入远低于分析师预期，其股价在盘前暴跌17.7%。com（京东）。</blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯",".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1163577509","content_text":"U.S. stock index futures pointed to a slide at the post-Thanksgiving Wall Street open and oil hit two-month lows as fears of a possibly vaccine-resistant coronavirus variant sent investors scurrying to safe-haven assets.\nAt 8:00 a.m. ET, Dow E-minis were down 776 points, or 2.17%, S&P 500 E-minis were down 73.25 points, or 1.56% and Nasdaq 100 E-minis were down 147 points, or 0.9%.\n*Source From Tiger Trade, EST 08:00\n\"This could be the moment that people look back on as derailing the economic recovery and rate rises but what we have is a big insertion of uncertainty rather than something material,\" said Peter Rutter, head of equities at Royal London Asset Management.\n\"The very fact we don't know is what's concerning the market.\"\nThe WHO is convening an experts' meeting on Friday to evaluate whether the new variant is a \"variant of concern\".\nIt will take a few weeks to understand the impact of the variant, a spokesperson said.\n\"We need to see how transmissible this variant is, is it able to evade the vaccines - this is crucial,\" Coghlan said.\nStocks making the biggest moves in the premarket:\nTravel and leisure stocks – Airline stocks are getting hit hard in the premarket by news of the new Covid-19 variant, includingAmerican (AAL),United (UAL),Southwest (LUV),Delta (DAL)andJetBlue (JBLU). Cruise stocks were also getting rocked:Royal Caribbean (RCL)slid 10.6%,Carnival (CCL)took a 10.5% hit, andNorwegian (NCLH)fell 10%.\nStay-at-home stocks – Stocks that benefited from Covid-19 closures rebounded, withZoom Video (ZM)gaining 7.8% in premarket trading,DocuSign (DOCU)up 3%,Netflix (NFLX)higher by 2.2% andPeloton (PTON)jumping 6.2%.\nVaccine stocks – These are rising following the Covid variant news, withModerna (MRNA)surging 8.6% in the premarket,Pfizer (PFE)jumping 5.6%,BioNTech (BNTX)surging 7.3% andNovavax (NVAX)rallying 5.3%.\nMerck (MRK)– The drug maker and its partner, Ridgeback Biotherapeutics, said their experimental Covid pill cut the risk of death and hospitalization in at-risk patients by 30%. However, that was a lower efficacy rate than was seen in an earlier study, and Merck fell 3% in premarket trading.\nTesla Motors (TSLA)– Tesla will invest $188 million to expand production capacity at its Shanghai factory, according to the state-backed Beijing Daily newspaper. Tesla fell 2.3% in the premarket.\nMicron Technology (MU)– Micron and Taiwan-based chip makerUnited Microelectronics (UMC)have withdrawn intellectual property complaints against each other. The two companies did not give a reason for ending those cases. Micron fell 1.6% in the premarket, while United Micro slid 2.3%.\nBoeing (BA)– Boeing was told that its bid to sell fighter jets to Canada did not meet the government’s requirements, according to a report in the Canadian Press. The report said two other competitors,Lockheed Martin (LMT)and Sweden’s Saab, did meet those requirements and remain in the competition. Boeing lost 6.3% in premarket action.\nMicrosoft (MSFT)– Microsoft Chief Executive Officer Satya Nadella disclosed the sale of 839,000 shares in an SEC filing, leaving him with ownership of 831,000 shares following that transaction. Microsoft fell 1% in the premarket.\nPinduoduo Inc. (PDD)– The China-based e-commerce platform operator saw its shares plummet 17.7% in the premarket, after it reported quarterly revenue that was well below analyst estimates amid increasing competition from companies like Alibaba (BABA) and JD.com (JD).","news_type":1,"symbols_score_info":{".SPX":0.9,".IXIC":0.9,".DJI":0.9}},"isVote":1,"tweetType":1,"viewCount":1437,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":877681776,"gmtCreate":1637924667004,"gmtModify":1637924667120,"author":{"id":"3570619054429964","authorId":"3570619054429964","name":"evey77","avatar":"https://static.tigerbbs.com/8a042e238635d0f206ea5cc76045eb40","crmLevel":13,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3570619054429964","authorIdStr":"3570619054429964"},"themes":[],"htmlText":"There we go again… Pandemic fatigue… Zoom/WebEx fatigue… More eye&nbsp;strain…&nbsp;","listText":"There we go again… Pandemic fatigue… Zoom/WebEx fatigue… More eye&nbsp;strain…&nbsp;","text":"There we go again… Pandemic fatigue… Zoom/WebEx fatigue… More eye strain…","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/877681776","repostId":"1146431533","repostType":4,"repost":{"id":"1146431533","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":1637918422,"share":"https://www.laohu8.com/m/news/1146431533?lang=zh_CN&edition=full","pubTime":"2021-11-26 17:20","market":"us","language":"en","title":"Zoom shares jumped nearly 10% in premarket trading<blockquote>Zoom股价在盘前交易中上涨近10%</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1146431533","media":"Tiger Newspress","summary":"Zoom shares jumped nearly 10% in premarket trading.Britain said on Friday that a newly identified co","content":"<p>Zoom&nbsp;shares&nbsp;jumped&nbsp;nearly&nbsp;10%&nbsp;in&nbsp;premarket&nbsp;trading.<img src=\"https://static.tigerbbs.com/7014ab353e2b4dace840a04b4326f098\" tg-width=\"877\" tg-height=\"626\" referrerpolicy=\"no-referrer\">Britain said on Friday that a newly identified coronavirus variant spreading in South Africa was considered by scientists to be the most significant <a href=\"https://laohu8.com/S/AONE.U\">one</a> yet found and so it needed to ascertain whether or not it made vaccines ineffective.</p><p><blockquote>Zoom股价在盘前交易中上涨近10%。英国周五表示，科学家认为在南非传播的一种新发现的冠状病毒变种是最重要的<a href=\"https://laohu8.com/S/AONE.U\">一</a>然而，它需要确定它是否使疫苗无效。</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>Zoom shares jumped nearly 10% in premarket trading<blockquote>Zoom股价在盘前交易中上涨近10%</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\">\nZoom shares jumped nearly 10% in premarket trading<blockquote>Zoom股价在盘前交易中上涨近10%</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\">2021-11-26 17:20</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>Zoom&nbsp;shares&nbsp;jumped&nbsp;nearly&nbsp;10%&nbsp;in&nbsp;premarket&nbsp;trading.<img src=\"https://static.tigerbbs.com/7014ab353e2b4dace840a04b4326f098\" tg-width=\"877\" tg-height=\"626\" referrerpolicy=\"no-referrer\">Britain said on Friday that a newly identified coronavirus variant spreading in South Africa was considered by scientists to be the most significant <a href=\"https://laohu8.com/S/AONE.U\">one</a> yet found and so it needed to ascertain whether or not it made vaccines ineffective.</p><p><blockquote>Zoom股价在盘前交易中上涨近10%。英国周五表示，科学家认为在南非传播的一种新发现的冠状病毒变种是最重要的<a href=\"https://laohu8.com/S/AONE.U\">一</a>然而，它需要确定它是否使疫苗无效。</blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"ZM":"Zoom"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1146431533","content_text":"Zoom shares jumped nearly 10% in premarket trading.Britain said on Friday that a newly identified coronavirus variant spreading in South Africa was considered by scientists to be the most significant one yet found and so it needed to ascertain whether or not it made vaccines ineffective.","news_type":1,"symbols_score_info":{"ZM":0.9}},"isVote":1,"tweetType":1,"viewCount":963,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":875479987,"gmtCreate":1637681719580,"gmtModify":1637681719720,"author":{"id":"3570619054429964","authorId":"3570619054429964","name":"evey77","avatar":"https://static.tigerbbs.com/8a042e238635d0f206ea5cc76045eb40","crmLevel":13,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3570619054429964","authorIdStr":"3570619054429964"},"themes":[],"htmlText":"Go go go!","listText":"Go go go!","text":"Go go go!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/875479987","repostId":"1117658681","repostType":2,"repost":{"id":"1117658681","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":1637681053,"share":"https://www.laohu8.com/m/news/1117658681?lang=zh_CN&edition=full","pubTime":"2021-11-23 23:24","market":"us","language":"en","title":"XPeng shares rose nearly 12% in early trading<blockquote>小鹏汽车股价早盘涨近12%</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1117658681","media":"Tiger Newspress","summary":"XPeng shares rose nearly 12% in early trading after the China-based electric vehicle maker reported ","content":"<p>XPeng&nbsp;shares&nbsp;rose&nbsp;nearly&nbsp;12%&nbsp;in&nbsp;early&nbsp;trading&nbsp;after the China-based electric vehicle maker reported a wider-than-expected third-quarter loss but revenue that rose well above forecasts and provided an upbeat fourth-quarter outlook.<img src=\"https://static.tigerbbs.com/a8d43127b29dfc54fadaa9e23939d911\" tg-width=\"878\" tg-height=\"596\" referrerpolicy=\"no-referrer\">The net loss widened to RMB1.59 bln ($249.7 million), or RMB1.89 per American depositary share (ADS), from a loss of RMB1.15 billion a year ago. Excluding nonrecurring items, the adjusted loss per ADS came to RMB1.77, compared with the FactSet consensus of RMB1.30.</p><p><blockquote>小鹏汽车股价早盘上涨近12%，此前这家中国电动汽车制造商公布第三季度亏损超出预期，但收入增幅远高于预期，并提供了乐观的第四季度前景。净亏损从一年前的亏损11.5亿元人民币扩大至15.9亿元人民币（2.497亿美元），即每股美国存托股票(ADS)1.89元人民币。不包括非经常性项目，调整后每股美国存托凭证亏损为人民币1.77元，而FactSet共识为人民币1.30元。</blockquote></p><p> Revenue jumps 187.4% to RMB5.72 billion ($895.5 million) to beat the FactSet consensus of RMB5.03 billion, as deliveries rose 199.2% to a record 25,666 vehicles, including 217.7% growth in P7 model deliveries.</p><p><blockquote>收入增长187.4%，达到人民币57.2亿元（8.955亿美元），超过FactSet预期的人民币50.3亿元，交付量增长199.2%，达到创纪录的25,666辆，其中P7车型交付量增长217.7%。</blockquote></p><p> Gross margin improved to 14.4% from 4.6%. Looking ahead, the company expects fourth-quarter deliveries of between 34,500 and 36,500 vehicles, representing growth of 166.1% to 181.5%, and revenue between RMB7.1 billion and RMB7.5 billion, compared with the FactSet consensus of RMB6.09 billion.</p><p><blockquote>毛利率从4.6%提高至14.4%。展望未来，该公司预计第四季度交付量将在34,500辆至36,500辆之间，增长166.1%至181.5%，收入将在人民币71亿元至人民币75亿元之间，而FactSet共识为人民币60.9亿元。</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>XPeng shares rose nearly 12% in early trading<blockquote>小鹏汽车股价早盘涨近12%</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\">\nXPeng shares rose nearly 12% in early trading<blockquote>小鹏汽车股价早盘涨近12%</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\">2021-11-23 23:24</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>XPeng&nbsp;shares&nbsp;rose&nbsp;nearly&nbsp;12%&nbsp;in&nbsp;early&nbsp;trading&nbsp;after the China-based electric vehicle maker reported a wider-than-expected third-quarter loss but revenue that rose well above forecasts and provided an upbeat fourth-quarter outlook.<img src=\"https://static.tigerbbs.com/a8d43127b29dfc54fadaa9e23939d911\" tg-width=\"878\" tg-height=\"596\" referrerpolicy=\"no-referrer\">The net loss widened to RMB1.59 bln ($249.7 million), or RMB1.89 per American depositary share (ADS), from a loss of RMB1.15 billion a year ago. Excluding nonrecurring items, the adjusted loss per ADS came to RMB1.77, compared with the FactSet consensus of RMB1.30.</p><p><blockquote>小鹏汽车股价早盘上涨近12%，此前这家中国电动汽车制造商公布第三季度亏损超出预期，但收入增幅远高于预期，并提供了乐观的第四季度前景。净亏损从一年前的亏损11.5亿元人民币扩大至15.9亿元人民币（2.497亿美元），即每股美国存托股票(ADS)1.89元人民币。不包括非经常性项目，调整后每股美国存托凭证亏损为人民币1.77元，而FactSet共识为人民币1.30元。</blockquote></p><p> Revenue jumps 187.4% to RMB5.72 billion ($895.5 million) to beat the FactSet consensus of RMB5.03 billion, as deliveries rose 199.2% to a record 25,666 vehicles, including 217.7% growth in P7 model deliveries.</p><p><blockquote>收入增长187.4%，达到人民币57.2亿元（8.955亿美元），超过FactSet预期的人民币50.3亿元，交付量增长199.2%，达到创纪录的25,666辆，其中P7车型交付量增长217.7%。</blockquote></p><p> Gross margin improved to 14.4% from 4.6%. Looking ahead, the company expects fourth-quarter deliveries of between 34,500 and 36,500 vehicles, representing growth of 166.1% to 181.5%, and revenue between RMB7.1 billion and RMB7.5 billion, compared with the FactSet consensus of RMB6.09 billion.</p><p><blockquote>毛利率从4.6%提高至14.4%。展望未来，该公司预计第四季度交付量将在34,500辆至36,500辆之间，增长166.1%至181.5%，收入将在人民币71亿元至人民币75亿元之间，而FactSet共识为人民币60.9亿元。</blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"09868":"小鹏汽车-W","XPEV":"小鹏汽车"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1117658681","content_text":"XPeng shares rose nearly 12% in early trading after the China-based electric vehicle maker reported a wider-than-expected third-quarter loss but revenue that rose well above forecasts and provided an upbeat fourth-quarter outlook.The net loss widened to RMB1.59 bln ($249.7 million), or RMB1.89 per American depositary share (ADS), from a loss of RMB1.15 billion a year ago. Excluding nonrecurring items, the adjusted loss per ADS came to RMB1.77, compared with the FactSet consensus of RMB1.30.\nRevenue jumps 187.4% to RMB5.72 billion ($895.5 million) to beat the FactSet consensus of RMB5.03 billion, as deliveries rose 199.2% to a record 25,666 vehicles, including 217.7% growth in P7 model deliveries.\nGross margin improved to 14.4% from 4.6%. Looking ahead, the company expects fourth-quarter deliveries of between 34,500 and 36,500 vehicles, representing growth of 166.1% to 181.5%, and revenue between RMB7.1 billion and RMB7.5 billion, compared with the FactSet consensus of RMB6.09 billion.","news_type":1,"symbols_score_info":{"09868":0.9,"XPEV":0.9}},"isVote":1,"tweetType":1,"viewCount":1175,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":876420668,"gmtCreate":1637342356947,"gmtModify":1637342363614,"author":{"id":"3570619054429964","authorId":"3570619054429964","name":"evey77","avatar":"https://static.tigerbbs.com/8a042e238635d0f206ea5cc76045eb40","crmLevel":13,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3570619054429964","authorIdStr":"3570619054429964"},"themes":[],"htmlText":"Isn’t it more fun to live in the reality?","listText":"Isn’t it more fun to live in the reality?","text":"Isn’t it more fun to live in the reality?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/876420668","repostId":"2184981058","repostType":4,"isVote":1,"tweetType":1,"viewCount":786,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":871395737,"gmtCreate":1637024397291,"gmtModify":1637024397435,"author":{"id":"3570619054429964","authorId":"3570619054429964","name":"evey77","avatar":"https://static.tigerbbs.com/8a042e238635d0f206ea5cc76045eb40","crmLevel":13,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3570619054429964","authorIdStr":"3570619054429964"},"themes":[],"htmlText":"It doesn’t change the fundamentals, why would the price fall so much? Stampede to the exit to see who gets out faster?","listText":"It doesn’t change the fundamentals, why would the price fall so much? Stampede to the exit to see who gets out faster?","text":"It doesn’t change the fundamentals, why would the price fall so much? Stampede to the exit to see who gets out faster?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/871395737","repostId":"1144608999","repostType":2,"isVote":1,"tweetType":1,"viewCount":988,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":873305349,"gmtCreate":1636853712293,"gmtModify":1636853712416,"author":{"id":"3570619054429964","authorId":"3570619054429964","name":"evey77","avatar":"https://static.tigerbbs.com/8a042e238635d0f206ea5cc76045eb40","crmLevel":13,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3570619054429964","authorIdStr":"3570619054429964"},"themes":[],"htmlText":"The only thing this article tells me is that - should have loaded up on MA and V when they dipped&nbsp;recently [LOL]&nbsp;","listText":"The only thing this article tells me is that - should have loaded up on MA and V when they dipped&nbsp;recently [LOL]&nbsp;","text":"The only thing this article tells me is that - should have loaded up on MA and V when they dipped recently [LOL]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/873305349","repostId":"1159096163","repostType":4,"repost":{"id":"1159096163","kind":"news","pubTimestamp":1636851053,"share":"https://www.laohu8.com/m/news/1159096163?lang=zh_CN&edition=full","pubTime":"2021-11-14 08:50","market":"us","language":"en","title":"Shoppers Are Heading to Malls Again. These Stocks Are Good Bets.<blockquote>购物者再次前往购物中心。这些股票是不错的选择。</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1159096163","media":"Barrons","summary":"By the time the pandemic hit the U.S. economy, the outlook for Abercrombie & Fitch seemed dire.\nOnce","content":"<p>By the time the pandemic hit the U.S. economy, the outlook for&nbsp;Abercrombie &amp; Fitch&nbsp;seemed dire.</p><p><blockquote>当疫情袭击美国经济时，Abercrombie&amp;Fitch的前景似乎很糟糕。</blockquote></p><p> Once a mall staple that captured the hearts and wallets of teenagers with stark, sexy advertising and dark, perfume-drenched stores, Abercrombie’s (ticker: ANF) stock price hit fresh lows in 2017. Shoppers’ distaste for the brand and a steady decrease in mall traffic clouded its future. Then, in March of 2020, the coronavirus began closing malls and stores across the country.</p><p><blockquote>Abercrombie（股票代码：ANF）曾经是购物中心的主食，以鲜明、性感的广告和深色、香水味十足的商店俘获了青少年的心和钱包，但其股价在2017年创下新低。购物者对该品牌的厌恶和商场客流量的稳步下降给其未来蒙上了阴影。然后，在2020年3月，冠状病毒开始关闭全国各地的商场和商店。</blockquote></p><p> The retail apocalypse, it seemed, was about to claim another victim.</p><p><blockquote>零售业的末日似乎即将夺走另一个受害者。</blockquote></p><p> But something surprising happened on the way to the funeral: Abercrombie enjoyed one of its best years since its 2000s heyday. Under CEO Fran Horowitz, the company rebranded, putting out a more inclusive message and pivoting its focus toward young professionals while fine-tuning its Hollister brand for teenagers.</p><p><blockquote>但在去葬礼的路上发生了令人惊讶的事情：Abercrombie享受了自2000年代全盛时期以来最好的一年。在首席执行官弗兰·霍洛维茨(Fran Horowitz)的领导下，该公司进行了品牌重塑，发布了更具包容性的信息，并将重点转向年轻专业人士，同时针对青少年微调了霍利斯特品牌。</blockquote></p><p> Revenue increased 24% year over year in the company’s fiscal second quarter ended July 31, and 3% from prepandemic levels. Its stock is up 120% this year as shoppers flush with cash flock back to stores.</p><p><blockquote>截至7月31日，该公司第二财季收入同比增长24%，较大流行前水平增长3%。随着现金充裕的购物者涌向商店，其股价今年上涨了120%。</blockquote></p><p> “Perception of a brand is a hard thing to turn, and it takes time in order to build back trust with your consumer,” Horowitz says in an interview with <i>Barron’s</i>. “So, here we are happy to say in 2021 that we are seeing, obviously, the wonderful effects of all of that hard work.”</p><p><blockquote>霍洛维茨在接受采访时表示：“品牌认知度很难改变，需要时间才能与消费者重新建立信任。”<i>巴伦周刊</i>.“因此，我们很高兴地说，在2021年，我们显然看到了所有这些努力工作的美妙效果。”</blockquote></p><p> Abercrombie isn’t the only retail brand that is coming into a new period of growth. Over the past year, many of America’s retailers have not only clawed their way out of the abyss, but have harnessed macroeconomic changes ushered in by the pandemic to propel themselves into an unexpected renaissance.</p><p><blockquote>Abercrombie并不是唯一一个进入新增长期的零售品牌。在过去的一年里，许多美国零售商不仅走出了深渊，还利用疫情带来的宏观经济变化，推动自己进入了意想不到的复兴。</blockquote></p><p> Brands that successfully merged their bricks-and-mortar operations with digital strategies are seeing sales soar and stock prices rise, lifted by a strong market and consumers champing at the bit to spend their pandemic savings. The stock prices of many major mall-based retailers have soared, including&nbsp;Macy’s&nbsp;(M),Nordstrom&nbsp;(JWN), Famous Footwear parent Caleres&nbsp;(CAL), and&nbsp;Signet Jewelers (SIG), which all gained at least 100% in the past 12 months.</p><p><blockquote>在强劲的市场和急于花掉疫情积蓄的消费者的推动下，成功将实体业务与数字战略相结合的品牌销售额飙升，股价上涨。许多大型购物中心零售商的股价飙升，包括梅西百货(M)、诺德斯特龙(JWN)、著名鞋类母公司Caleres(CAL)和Signet Jewelers(SIG)，这些公司在过去12个月内都上涨了至少100%。</blockquote></p><p> These companies are now poised to reap the benefits of a potentially record-setting holiday season. Consumers could spend $851 billion, a 9.5% increase from last year’s record $777 billion and more than twice the 4.4% average increase over the past five years, according to the National Retail Federation.</p><p><blockquote>这些公司现在准备从可能创纪录的假期中获益。根据全国零售联合会的数据，消费者可能会花费8510亿美元，比去年创纪录的7770亿美元增长9.5%，是过去五年4.4%平均增幅的两倍多。</blockquote></p><p> No one knows whether the party will last or whether these stores are simply capturing sales that would have happened in the future. Before retail sales normalize, companies need to navigate a host of supply-chain and inflationary pressures that could put a damper on holiday sales.</p><p><blockquote>没有人知道这场派对是否会持续下去，或者这些商店是否只是在捕捉未来可能发生的销售。在零售销售正常化之前，企业需要应对一系列供应链和通胀压力，这些压力可能会抑制假日销售。</blockquote></p><p> But the unexpected revival has reaffirmed the faith of many brands in the power of the physical stores. While still heavily investing in online operations, they are continuing to bet big on a bricks-and-mortar future. And as investments in physical stores continue, the demise of the bricks-and-mortar retailer that many once expected no longer seems so certain.</p><p><blockquote>但意外的复兴重申了许多品牌对实体店力量的信念。虽然他们仍在大力投资在线业务，但他们继续在实体未来上下大赌注。随着对实体店投资的继续，许多人曾经预期的实体零售商的消亡似乎不再那么确定。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/57cd1db2ff23484eff85f5e6ad64d7c8\" tg-width=\"700\" tg-height=\"467\" referrerpolicy=\"no-referrer\"><span>Wealthy households plan to spend an average $2,624 this holiday season, 15% more than last year.</span></p><p><blockquote><p class=\"t-img-caption\"><span>富裕家庭计划在这个假期平均花费2624美元，比去年增加15%。</span></p></blockquote></p><p> The pandemic wasn’t exactly ideal for retailers, but it offered some unique opportunities. The problems were obvious. People were afraid to shop in person. Shoppers—even baby boomers—flocked online in unexpected numbers. Retail behemoths such as&nbsp;Amazon.com&nbsp;(AMZN) and&nbsp;Walmart (WMT) saw their best year ever.</p><p><blockquote>疫情对零售商来说并不理想，但它提供了一些独特的机会。问题是显而易见的。人们害怕亲自购物。购物者——甚至是婴儿潮一代——以意想不到的数量涌向网上。亚马逊（AMZN）和沃尔玛（WMT）等零售巨头经历了有史以来最好的一年。</blockquote></p><p> “The investor sentiment—especially from short term, hedge fund type investors—had just turned very negative on the group,” Columbia Threadneedle Investments retail analyst Mari Shor says. “I just think that investors weren’t really giving the companies, or the consumers, the benefit of the doubt.”</p><p><blockquote>Columbia Threadneedle Investments零售分析师Mari Shor表示：“投资者情绪——尤其是短期对冲基金类型投资者——刚刚对该集团变得非常负面。”“我只是认为投资者并没有真正相信公司或消费者。”</blockquote></p><p> Shor says the doubt among investors was rooted in the notion that traditional retailers, both prepandemic and postpandemic, wouldn’t make it out alive.</p><p><blockquote>肖尔表示，投资者的怀疑根源于这样一种观念，即传统零售商，无论是大流行前还是大流行后，都无法生存。</blockquote></p><p> But the pandemic gave retailers the rare chance to close poorly performing locations and focus on great ones. Many retailers also focused on getting better online, and shifted their sales strategies to target consumers wherever and whenever they wanted to shop—whether online, mobile, or in-store.</p><p><blockquote>但疫情给了零售商一个难得的机会，让他们关闭表现不佳的门店，专注于优秀的门店。许多零售商还专注于在网上做得更好，并将销售策略转向消费者，无论他们何时何地想购物——无论是网上购物、移动购物还是店内购物。</blockquote></p><p> In one example of a company looking to fuel growth while connecting digital and in-store operations, the parent company of Saks Fifth Avenue spun out its e-commerce arm, which is now expected to go public with a target valuation of $6 billion.</p><p><blockquote>萨克斯第五大道精品百货店(Saks Fifth Avenue)的母公司剥离了其电子商务部门，该部门目前预计将上市，目标估值为60亿美元。</blockquote></p><p> Such approaches proved critical. Online and other non-store sales are expected to increase between 11% and 15% this holiday season, potentially reaching a high of $226 billion, according to National Retail Federation estimates.</p><p><blockquote>事实证明，这种方法至关重要。据美国零售联合会估计，今年假期在线和其他非商店销售额预计将增长11%至15%，可能达到2260亿美元的高点。</blockquote></p><p></p><p> “We’d like to think that the pandemic not only accelerated the adoption of e-commerce around the world but also expanded the market,” says Pedro Palandrani, a research analyst at Global X who covers e-commerce.</p><p><blockquote>Global X负责电子商务的研究分析师佩德罗·帕兰德拉尼(Pedro Palandrani)表示：“我们认为，这场大流行不仅加速了电子商务在全球的采用，还扩大了市场。”</blockquote></p><p> Abercrombie invested hundreds of millions of dollars in its digital strategy, emphasizing smooth transitions from digital to in-store experiences with initiatives such as improving the company’s website and instituting in-store returns and pickups for online purchases. The arrival of the pandemic prompted Abercrombie to close 130 stores worldwide and 50% of the brand’s flagships, bringing total store closures in the past 10 years to about 500, while strategically opening a few key new stores, Horowitz says.</p><p><blockquote>Abercrombie在其数字战略上投资了数亿美元，强调通过改进公司网站以及为在线购买建立店内退货和提货等举措，从数字体验平稳过渡到店内体验。Horowitz表示，疫情的到来促使Abercrombie关闭了全球130家门店和该品牌50%的旗舰店，使过去10年关闭的门店总数达到约500家，同时战略性地开设了一些重要的新店。</blockquote></p><p> “Stores matter, but they have to be the right size, the right location, and the right economics,” she says. “You put that together with the digital and it equals magic.”</p><p><blockquote>“商店很重要，但它们必须是合适的规模、合适的位置和合适的经济效益，”她说。“你把它和数字结合在一起，它就等于魔法。”</blockquote></p><p> Not only are physical stores cost-effective ways to draw in-person shoppers, but they also can serve as crucial distribution centers for online pickups and returns, as well as local shipping, says B. Riley Securities analyst Susan Anderson. In recent years, even online retailers such as Warby Parker (WRBY) have expanded their physical presence to accommodate shopper preferences. “The consumer wants to shop when and where they want to,” Anderson says.</p><p><blockquote>B.Riley Securities分析师苏珊·安德森(Susan Anderson)表示，实体店不仅是吸引亲自购物者的经济高效的方式，而且还可以作为在线提货和退货以及本地运输的重要配送中心。近年来，即使是Warby Parker(WRBY)等在线零售商也扩大了实体业务，以适应购物者的偏好。“消费者希望随时随地购物，”安德森说。</blockquote></p><p> That behavior can evolve in unexpected ways. Malls and physical stores are growing in popularity among digitally savvy teenagers and young adults.</p><p><blockquote>这种行为会以意想不到的方式演变。商场和实体店在精通数字技术的青少年和年轻人中越来越受欢迎。</blockquote></p><p> According to a survey of 1,000 shoppers earlier this year commissioned by BHDP, a design firm that counts retail among its specialties, 55% of 14-to-17 year olds say they are now shopping at indoor malls, and 90% plan to head to a mall in the next year. The 18-to-24-year-old shoppers surveyed are also back at the mall, trying on products, using in-store promotions, and making returns. Such shifts have led retailers to ditch old views and assumptions about specific demographics, says Rod Sides, vice chairman of U.S. retail and distribution at Deloitte.</p><p><blockquote>今年早些时候，设计公司BHDP委托对1,000名购物者进行的一项调查显示，55%的14至17岁青少年表示他们现在在室内购物中心购物，90%的人计划明年去购物中心。接受调查的18至24岁购物者也回到商场，试穿产品，利用店内促销活动，并进行退货。德勤(Deloitte)美国零售和分销副主席罗德·赛德斯(Rod Sides)表示，这种转变导致零售商放弃了对特定人群的旧观点和假设。</blockquote></p><p> The shifts in strategy during the pandemic put many retailers in a better position for the reopening of malls and downtowns this year—and shoppers were eager to open their wallets.</p><p><blockquote>疫情期间的战略转变使许多零售商在今年购物中心和市中心的重新开放中处于更好的位置——购物者渴望打开钱包。</blockquote></p><p> During the pandemic, some consumers became unexpectedly flush. They got stimulus payments, saved up from a decline in travel expenses, and saw the markets soar. Today, consumer savings at all income levels are at or near a record. Wealthy households are planning to spend 15% more than last year this holiday season, averaging $2,624 per household and driving much of the season’s growth, an annual Deloitte study found.</p><p><blockquote>在疫情期间，一些消费者变得出乎意料地富有。他们获得了刺激付款，从旅行费用下降中节省下来，并看到市场飙升。如今，所有收入水平的消费者储蓄都处于或接近创纪录水平。德勤(Deloitte)的一项年度研究发现，富裕家庭计划在这个假期的支出比去年增加15%，平均每户2,624美元，推动了假期的大部分增长。</blockquote></p><p> “You got a lot of cash and there’s a fair amount of pent-up demand,” says Mark Zandi, chief economist at Moody’s Analytics.</p><p><blockquote>穆迪分析公司首席经济学家马克·赞迪表示：“你有大量现金，而且有相当多被压抑的需求。”</blockquote></p><p> Retail and food-services sales increased to an estimated $625 billion in September, up 0.7% from October and 13.9% year over year, according to the U.S. Census Bureau. Sales in retail alone rose 0.8% from August. “We were expecting that you’d see some pullback in September, and we didn’t,” says Citigroup economist Veronica Clark.</p><p><blockquote>根据美国人口普查局的数据，9月份零售和食品服务销售额估计增至6250亿美元，比10月份增长0.7%，同比增长13.9%。仅零售额就比8月份增长了0.8%。花旗集团经济学家维罗妮卡·克拉克(Veronica Clark)表示：“我们预计9月份会出现一些回调，但我们没有。”</blockquote></p><p> Retailers are much healthier than they were a decade ago heading into the holiday season, Matthew Shay, president and CEO of the National Retail Federation, said in a media briefing in October. A yearly&nbsp;Mastercard&nbsp;spending index forecasts U.S. retail sales to increase 7.4% this season, with significant gains in apparel, department stores, jewelry, and luxury items.</p><p><blockquote>全国零售联合会主席兼首席执行官马修·谢伊(Matthew Shay)在10月份的媒体吹风会上表示，进入假期，零售商比十年前健康得多。万事达卡年度支出指数预测，本季美国零售额将增长7.4%，其中服装、百货商店、珠宝和奢侈品将大幅增长。</blockquote></p><p> Luxury retailer&nbsp;Burberry Group&nbsp;(BRBY.UK), known for its tartan fabric and scarves, said this past week that comparable sales for its first half of fiscal 2022 rose 37%, and that full-price sales are growing at a double-digit rate. And&nbsp;Tapestry&nbsp;(TPR), the parent company of Coach, posted better-than-expected fiscal first-quarter earnings, raising its outlook for 2022 sales and profits.</p><p><blockquote>以格子呢面料和围巾闻名的奢侈品零售商博柏利集团(BRBY.UK)上周表示，2022财年上半年可比销售额增长37%，全价销售额正以两位数的速度增长。Coach母公司Tapestry(TPR)公布的第一财季财报好于预期，上调了2022年销售额和利润预期。</blockquote></p><p> Some analysts are bullish on the retail sector, with Cowen saying that “many of the luxury brands have successfully been able to take price increases and will likely benefit from the historically strong consumer balance sheets in the U.S. and internationally.” Wolfe Research favors Nordstrom and Tapestry, among others, with analysts writing in a note that “nearly all the major drivers of U.S. consumer spending favor the high end.”</p><p><blockquote>一些分析师看好零售业，考恩表示，“许多奢侈品牌已经成功地应对了价格上涨，并可能受益于美国和国际上历史上强劲的消费者资产负债表。”Wolfe Research青睐Nordstrom和Tapestry等公司，分析师在一份报告中写道，“美国消费者支出的几乎所有主要驱动因素都青睐高端产品。”</blockquote></p><p> Meanwhile, more Americans started coming out to the mall. Placer.ai mall-traffic statistics show that foot traffic for indoor malls was up 3% in October compared with 2019 levels, and traffic for outdoor malls was up 5%—one of the reasons mall stores are seeing their stocks soar. Simon Property Group (SPG), which owns the malls themselves, saw its stock gain about 90% in 2021.</p><p><blockquote>与此同时，更多的美国人开始来到购物中心。Placer.ai购物中心——流量统计显示，与2019年相比，10月份室内购物中心的客流量增长了3%，室外购物中心的客流量增长了5%——这是购物中心商店库存飙升的原因之一。拥有这些购物中心的西蒙地产集团(SPG)的股价在2021年上涨了约90%。</blockquote></p><p></p><p> “With the combination of more individuals becoming fully vaccinated, paired with many shopping early for the coming holiday season due to supply-chain concerns, we have seen a steady rise in foot traffic since July,” says Lindsay Petak, senior marketing manager for Tysons Corner Center in the Washington region. The mall is owned by Macerich (MAC), which also has seen its share price nearly double this year.</p><p><blockquote>泰森斯高级营销经理林赛·佩塔克(Lindsay Petak)表示：“随着越来越多的人完全接种疫苗，再加上许多人出于供应链担忧为即将到来的假期提前购物，自7月份以来，我们看到客流量稳步上升。”华盛顿地区的角落中心。该购物中心归Macerich(MAC)所有，该公司的股价今年也几乎翻了一番。</blockquote></p><p> All of this added to a stock run-up for the ages for beaten-down retailers. Over the past year, the&nbsp;SPDR S&amp;P Retail&nbsp;exchanged-trade fund (XRT) was up 85%, while the S&amp;P 500 rose 33%. The&nbsp;Invesco S&amp;P 500 Equal Weight Consumer Discretionary&nbsp;ETF (RCD) has outperformed the S&amp;P 500 by five percentage points this year, a sign that investors remain bullish on retail sales.</p><p><blockquote>所有这些都加剧了遭受重创的零售商多年来的股价上涨。过去一年，SPDR S&amp;P零售交易所交易基金(XRT)上涨了85%，而标普500则上涨了33%。景顺标普500等权重非必需消费品ETF（RCD）今年的表现优于标普500 5个百分点，这表明投资者仍然看好零售销售。</blockquote></p><p> “We’ve seen department stores and apparel and discretionary retailers really bounce back as soon as the economy reopened,” the NRF’s Shay says. “Department stores are always a popular destination for the holiday season, based on the consumer survey work we do....They continue to be at the top of the list of the places people shop this year.”</p><p><blockquote>NRF的谢伊说：“我们看到百货商店、服装和非必需消费品零售商在经济重新开放后就真正反弹了。”“根据我们所做的消费者调查工作，百货商店始终是节日期间的热门目的地……它们继续位居今年人们购物场所的榜首。”</blockquote></p><p> All that said, analysts and investors alike remain confident of the role physical stores play, which might look different from their online counterparts, but they’re here to stay.</p><p><blockquote>尽管如此，分析师和投资者仍然对实体店所扮演的角色充满信心，实体店可能看起来与在线商店不同，但它们将继续存在。</blockquote></p><p> The verdict on whether the retail renaissance is sustainable in the long term isn’t in yet. Retailers are operating in a macroeconomic environment far from the norm, making any guesses even more speculative.</p><p><blockquote>从长远来看，零售业复兴是否可持续还没有定论。零售商在远离正常的宏观经济环境中运营，这使得任何猜测都更具投机性。</blockquote></p><p> “I don’t think we have normal insight yet because there are just too many complexities throughout the business right now,” says Jefferies analyst Janine Stichter.</p><p><blockquote>杰富瑞(Jefferies)分析师珍妮·施蒂希特(Janine Stichter)表示：“我认为我们还没有正常的洞察力，因为目前整个业务存在太多复杂性。”</blockquote></p><p> Companies are struggling to manage ongoing supply-chain concerns, inflationary pressures, and a persistent labor shortage, which are likely to bite into earnings despite all signs pointing to a strong holiday quarter. “The supply-chain issues, they’re real,” Horowitz says.</p><p><blockquote>企业正在努力应对持续的供应链担忧、通胀压力和持续的劳动力短缺，尽管所有迹象都表明假日季度表现强劲，但这些问题可能会影响盈利。“供应链问题是真实存在的，”霍洛维茨说。</blockquote></p><p> Abercrombie is assuming a modest impact on sales due to supply-chain constraints, with even bigger impacts coming from freight inflation, the company said in its second-quarter earnings call.</p><p><blockquote>Abercrombie在第二季度收益看涨期权中表示，由于供应链限制，该公司预计销售将受到适度影响，而更大的影响来自运费通胀。</blockquote></p><p> To ease supply-chain pressures, retailers are encouraging consumers to start their shopping early—a trend that could skew end-of-year sales data, Citigroup’s Clark says. If shoppers pull their gift-buying forward, there could be a decline in November and December compared with previous years. “It’s not necessarily that spending is much weaker; it’s just that the distribution over months is different,” she says.</p><p><blockquote>花旗集团的克拉克表示，为了缓解供应链压力，零售商鼓励消费者尽早开始购物，这一趋势可能会扭曲年终销售数据。如果购物者提前购买礼物，与往年相比，11月和12月的礼物数量可能会有所下降。“这并不一定是支出疲软得多；只是几个月的分布不同，”她说。</blockquote></p><p> On the flip side, low inventories will give retailers higher pricing power that can help offset supply-chain disruptions, Stichter says. While beneficial to retailers, this could drive prices up even more, says Sasha Tomic, an economist at Boston College.</p><p><blockquote>Stichter表示，另一方面，低库存将为零售商提供更高的定价权，有助于抵消供应链中断。波士顿学院经济学家萨沙·托米奇表示，虽然这对零售商有利，但可能会进一步推高价格。</blockquote></p><p> Whatever the risks, strong performance won’t last forever, says Matthew Forester, chief investment officer at BNY Mellon’s Lockwood Advisors. “The U.S. economy, overall, is clearly slowing down,” he says. “And we’re going to slow down into the next year. Plus, as we get back to trend growth, that’s just what’s likely to happen.”</p><p><blockquote>纽约梅隆银行洛克伍德顾问公司首席投资官马修·福雷斯特表示，无论风险如何，强劲的业绩都不会永远持续下去。“总体而言，美国经济明显放缓，”他说。“明年我们将放缓。此外，随着我们恢复趋势增长，这正是可能发生的情况。”</blockquote></p><p> The economy will eventually exit its euphoria as stimulus continues to dwindle, he says. And while the comedown might not be “terrible,” he says, it will still be a decline from where consumer spending is now.</p><p><blockquote>他表示，随着刺激措施的继续减少，经济最终将退出兴奋状态。他表示，虽然下降可能并不“可怕”，但消费者支出仍将较目前有所下降。</blockquote></p><p> Abercrombie, though, is powering through the headwinds with the help of its bricks-and-mortar stores. The company is planning to position more inventory in stores, and is routing e-commerce orders to stores as well as partnering with Uber, Shipt, and Postmates to offer same-day delivery.</p><p><blockquote>不过，Abercrombie正在其实体店的帮助下克服逆风。该公司计划在商店放置更多库存，并将电子商务订单发送到商店，并与Uber、Shipt和Postmates合作提供当天送达服务。</blockquote></p><p> Other retailers have taken supply-chain solutions in their own hands. Specialty-apparel company American Eagle Outfitters (AEO) recently announced it was acquiring Quiet Logistics, an operator of automated distribution centers near city centers, just weeks after it bought AirTerra, which focuses on middle-mile logistics—the delivery of products from a warehouse to a retail store.</p><p><blockquote>其他零售商已经将供应链解决方案掌握在自己手中。特种服装公司American Eagle Outfitters(AEO)最近宣布将收购市中心附近自动化配送中心运营商Quiet Logistics，就在几周前，该公司收购了专注于中英里物流（将产品从仓库运送到零售店）的AirTerra。</blockquote></p><p> “We’re going to just continue at it,” Horowitz says.</p><p><blockquote>“我们将继续这样做，”霍洛维茨说。</blockquote></p><p> As retailers forge ahead, doomsayers might have to hold off on heralding a retail apocalypse. For now, the sentiment is clear: Consumers are rediscovering the joys of bricks-and-mortar shopping. The mall has become cool again.</p><p><blockquote>随着零售商的前进，末日预言家可能不得不推迟预示零售业的末日。目前，人们的情绪很明显：消费者正在重新发现实体购物的乐趣。商场又变得凉爽了。</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>Shoppers Are Heading to Malls Again. These Stocks Are Good Bets.<blockquote>购物者再次前往购物中心。这些股票是不错的选择。</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\">\nShoppers Are Heading to Malls Again. These Stocks Are Good Bets.<blockquote>购物者再次前往购物中心。这些股票是不错的选择。</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Barrons</strong><span class=\"h-time small\">2021-11-14 08:50</span>\n</p>\n</h4>\n</header>\n<article>\n<p>By the time the pandemic hit the U.S. economy, the outlook for&nbsp;Abercrombie &amp; Fitch&nbsp;seemed dire.</p><p><blockquote>当疫情袭击美国经济时，Abercrombie&amp;Fitch的前景似乎很糟糕。</blockquote></p><p> Once a mall staple that captured the hearts and wallets of teenagers with stark, sexy advertising and dark, perfume-drenched stores, Abercrombie’s (ticker: ANF) stock price hit fresh lows in 2017. Shoppers’ distaste for the brand and a steady decrease in mall traffic clouded its future. Then, in March of 2020, the coronavirus began closing malls and stores across the country.</p><p><blockquote>Abercrombie（股票代码：ANF）曾经是购物中心的主食，以鲜明、性感的广告和深色、香水味十足的商店俘获了青少年的心和钱包，但其股价在2017年创下新低。购物者对该品牌的厌恶和商场客流量的稳步下降给其未来蒙上了阴影。然后，在2020年3月，冠状病毒开始关闭全国各地的商场和商店。</blockquote></p><p> The retail apocalypse, it seemed, was about to claim another victim.</p><p><blockquote>零售业的末日似乎即将夺走另一个受害者。</blockquote></p><p> But something surprising happened on the way to the funeral: Abercrombie enjoyed one of its best years since its 2000s heyday. Under CEO Fran Horowitz, the company rebranded, putting out a more inclusive message and pivoting its focus toward young professionals while fine-tuning its Hollister brand for teenagers.</p><p><blockquote>但在去葬礼的路上发生了令人惊讶的事情：Abercrombie享受了自2000年代全盛时期以来最好的一年。在首席执行官弗兰·霍洛维茨(Fran Horowitz)的领导下，该公司进行了品牌重塑，发布了更具包容性的信息，并将重点转向年轻专业人士，同时针对青少年微调了霍利斯特品牌。</blockquote></p><p> Revenue increased 24% year over year in the company’s fiscal second quarter ended July 31, and 3% from prepandemic levels. Its stock is up 120% this year as shoppers flush with cash flock back to stores.</p><p><blockquote>截至7月31日，该公司第二财季收入同比增长24%，较大流行前水平增长3%。随着现金充裕的购物者涌向商店，其股价今年上涨了120%。</blockquote></p><p> “Perception of a brand is a hard thing to turn, and it takes time in order to build back trust with your consumer,” Horowitz says in an interview with <i>Barron’s</i>. “So, here we are happy to say in 2021 that we are seeing, obviously, the wonderful effects of all of that hard work.”</p><p><blockquote>霍洛维茨在接受采访时表示：“品牌认知度很难改变，需要时间才能与消费者重新建立信任。”<i>巴伦周刊</i>.“因此，我们很高兴地说，在2021年，我们显然看到了所有这些努力工作的美妙效果。”</blockquote></p><p> Abercrombie isn’t the only retail brand that is coming into a new period of growth. Over the past year, many of America’s retailers have not only clawed their way out of the abyss, but have harnessed macroeconomic changes ushered in by the pandemic to propel themselves into an unexpected renaissance.</p><p><blockquote>Abercrombie并不是唯一一个进入新增长期的零售品牌。在过去的一年里，许多美国零售商不仅走出了深渊，还利用疫情带来的宏观经济变化，推动自己进入了意想不到的复兴。</blockquote></p><p> Brands that successfully merged their bricks-and-mortar operations with digital strategies are seeing sales soar and stock prices rise, lifted by a strong market and consumers champing at the bit to spend their pandemic savings. The stock prices of many major mall-based retailers have soared, including&nbsp;Macy’s&nbsp;(M),Nordstrom&nbsp;(JWN), Famous Footwear parent Caleres&nbsp;(CAL), and&nbsp;Signet Jewelers (SIG), which all gained at least 100% in the past 12 months.</p><p><blockquote>在强劲的市场和急于花掉疫情积蓄的消费者的推动下，成功将实体业务与数字战略相结合的品牌销售额飙升，股价上涨。许多大型购物中心零售商的股价飙升，包括梅西百货(M)、诺德斯特龙(JWN)、著名鞋类母公司Caleres(CAL)和Signet Jewelers(SIG)，这些公司在过去12个月内都上涨了至少100%。</blockquote></p><p> These companies are now poised to reap the benefits of a potentially record-setting holiday season. Consumers could spend $851 billion, a 9.5% increase from last year’s record $777 billion and more than twice the 4.4% average increase over the past five years, according to the National Retail Federation.</p><p><blockquote>这些公司现在准备从可能创纪录的假期中获益。根据全国零售联合会的数据，消费者可能会花费8510亿美元，比去年创纪录的7770亿美元增长9.5%，是过去五年4.4%平均增幅的两倍多。</blockquote></p><p> No one knows whether the party will last or whether these stores are simply capturing sales that would have happened in the future. Before retail sales normalize, companies need to navigate a host of supply-chain and inflationary pressures that could put a damper on holiday sales.</p><p><blockquote>没有人知道这场派对是否会持续下去，或者这些商店是否只是在捕捉未来可能发生的销售。在零售销售正常化之前，企业需要应对一系列供应链和通胀压力，这些压力可能会抑制假日销售。</blockquote></p><p> But the unexpected revival has reaffirmed the faith of many brands in the power of the physical stores. While still heavily investing in online operations, they are continuing to bet big on a bricks-and-mortar future. And as investments in physical stores continue, the demise of the bricks-and-mortar retailer that many once expected no longer seems so certain.</p><p><blockquote>但意外的复兴重申了许多品牌对实体店力量的信念。虽然他们仍在大力投资在线业务，但他们继续在实体未来上下大赌注。随着对实体店投资的继续，许多人曾经预期的实体零售商的消亡似乎不再那么确定。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/57cd1db2ff23484eff85f5e6ad64d7c8\" tg-width=\"700\" tg-height=\"467\" referrerpolicy=\"no-referrer\"><span>Wealthy households plan to spend an average $2,624 this holiday season, 15% more than last year.</span></p><p><blockquote><p class=\"t-img-caption\"><span>富裕家庭计划在这个假期平均花费2624美元，比去年增加15%。</span></p></blockquote></p><p> The pandemic wasn’t exactly ideal for retailers, but it offered some unique opportunities. The problems were obvious. People were afraid to shop in person. Shoppers—even baby boomers—flocked online in unexpected numbers. Retail behemoths such as&nbsp;Amazon.com&nbsp;(AMZN) and&nbsp;Walmart (WMT) saw their best year ever.</p><p><blockquote>疫情对零售商来说并不理想，但它提供了一些独特的机会。问题是显而易见的。人们害怕亲自购物。购物者——甚至是婴儿潮一代——以意想不到的数量涌向网上。亚马逊（AMZN）和沃尔玛（WMT）等零售巨头经历了有史以来最好的一年。</blockquote></p><p> “The investor sentiment—especially from short term, hedge fund type investors—had just turned very negative on the group,” Columbia Threadneedle Investments retail analyst Mari Shor says. “I just think that investors weren’t really giving the companies, or the consumers, the benefit of the doubt.”</p><p><blockquote>Columbia Threadneedle Investments零售分析师Mari Shor表示：“投资者情绪——尤其是短期对冲基金类型投资者——刚刚对该集团变得非常负面。”“我只是认为投资者并没有真正相信公司或消费者。”</blockquote></p><p> Shor says the doubt among investors was rooted in the notion that traditional retailers, both prepandemic and postpandemic, wouldn’t make it out alive.</p><p><blockquote>肖尔表示，投资者的怀疑根源于这样一种观念，即传统零售商，无论是大流行前还是大流行后，都无法生存。</blockquote></p><p> But the pandemic gave retailers the rare chance to close poorly performing locations and focus on great ones. Many retailers also focused on getting better online, and shifted their sales strategies to target consumers wherever and whenever they wanted to shop—whether online, mobile, or in-store.</p><p><blockquote>但疫情给了零售商一个难得的机会，让他们关闭表现不佳的门店，专注于优秀的门店。许多零售商还专注于在网上做得更好，并将销售策略转向消费者，无论他们何时何地想购物——无论是网上购物、移动购物还是店内购物。</blockquote></p><p> In one example of a company looking to fuel growth while connecting digital and in-store operations, the parent company of Saks Fifth Avenue spun out its e-commerce arm, which is now expected to go public with a target valuation of $6 billion.</p><p><blockquote>萨克斯第五大道精品百货店(Saks Fifth Avenue)的母公司剥离了其电子商务部门，该部门目前预计将上市，目标估值为60亿美元。</blockquote></p><p> Such approaches proved critical. Online and other non-store sales are expected to increase between 11% and 15% this holiday season, potentially reaching a high of $226 billion, according to National Retail Federation estimates.</p><p><blockquote>事实证明，这种方法至关重要。据美国零售联合会估计，今年假期在线和其他非商店销售额预计将增长11%至15%，可能达到2260亿美元的高点。</blockquote></p><p></p><p> “We’d like to think that the pandemic not only accelerated the adoption of e-commerce around the world but also expanded the market,” says Pedro Palandrani, a research analyst at Global X who covers e-commerce.</p><p><blockquote>Global X负责电子商务的研究分析师佩德罗·帕兰德拉尼(Pedro Palandrani)表示：“我们认为，这场大流行不仅加速了电子商务在全球的采用，还扩大了市场。”</blockquote></p><p> Abercrombie invested hundreds of millions of dollars in its digital strategy, emphasizing smooth transitions from digital to in-store experiences with initiatives such as improving the company’s website and instituting in-store returns and pickups for online purchases. The arrival of the pandemic prompted Abercrombie to close 130 stores worldwide and 50% of the brand’s flagships, bringing total store closures in the past 10 years to about 500, while strategically opening a few key new stores, Horowitz says.</p><p><blockquote>Abercrombie在其数字战略上投资了数亿美元，强调通过改进公司网站以及为在线购买建立店内退货和提货等举措，从数字体验平稳过渡到店内体验。Horowitz表示，疫情的到来促使Abercrombie关闭了全球130家门店和该品牌50%的旗舰店，使过去10年关闭的门店总数达到约500家，同时战略性地开设了一些重要的新店。</blockquote></p><p> “Stores matter, but they have to be the right size, the right location, and the right economics,” she says. “You put that together with the digital and it equals magic.”</p><p><blockquote>“商店很重要，但它们必须是合适的规模、合适的位置和合适的经济效益，”她说。“你把它和数字结合在一起，它就等于魔法。”</blockquote></p><p> Not only are physical stores cost-effective ways to draw in-person shoppers, but they also can serve as crucial distribution centers for online pickups and returns, as well as local shipping, says B. Riley Securities analyst Susan Anderson. In recent years, even online retailers such as Warby Parker (WRBY) have expanded their physical presence to accommodate shopper preferences. “The consumer wants to shop when and where they want to,” Anderson says.</p><p><blockquote>B.Riley Securities分析师苏珊·安德森(Susan Anderson)表示，实体店不仅是吸引亲自购物者的经济高效的方式，而且还可以作为在线提货和退货以及本地运输的重要配送中心。近年来，即使是Warby Parker(WRBY)等在线零售商也扩大了实体业务，以适应购物者的偏好。“消费者希望随时随地购物，”安德森说。</blockquote></p><p> That behavior can evolve in unexpected ways. Malls and physical stores are growing in popularity among digitally savvy teenagers and young adults.</p><p><blockquote>这种行为会以意想不到的方式演变。商场和实体店在精通数字技术的青少年和年轻人中越来越受欢迎。</blockquote></p><p> According to a survey of 1,000 shoppers earlier this year commissioned by BHDP, a design firm that counts retail among its specialties, 55% of 14-to-17 year olds say they are now shopping at indoor malls, and 90% plan to head to a mall in the next year. The 18-to-24-year-old shoppers surveyed are also back at the mall, trying on products, using in-store promotions, and making returns. Such shifts have led retailers to ditch old views and assumptions about specific demographics, says Rod Sides, vice chairman of U.S. retail and distribution at Deloitte.</p><p><blockquote>今年早些时候，设计公司BHDP委托对1,000名购物者进行的一项调查显示，55%的14至17岁青少年表示他们现在在室内购物中心购物，90%的人计划明年去购物中心。接受调查的18至24岁购物者也回到商场，试穿产品，利用店内促销活动，并进行退货。德勤(Deloitte)美国零售和分销副主席罗德·赛德斯(Rod Sides)表示，这种转变导致零售商放弃了对特定人群的旧观点和假设。</blockquote></p><p> The shifts in strategy during the pandemic put many retailers in a better position for the reopening of malls and downtowns this year—and shoppers were eager to open their wallets.</p><p><blockquote>疫情期间的战略转变使许多零售商在今年购物中心和市中心的重新开放中处于更好的位置——购物者渴望打开钱包。</blockquote></p><p> During the pandemic, some consumers became unexpectedly flush. They got stimulus payments, saved up from a decline in travel expenses, and saw the markets soar. Today, consumer savings at all income levels are at or near a record. Wealthy households are planning to spend 15% more than last year this holiday season, averaging $2,624 per household and driving much of the season’s growth, an annual Deloitte study found.</p><p><blockquote>在疫情期间，一些消费者变得出乎意料地富有。他们获得了刺激付款，从旅行费用下降中节省下来，并看到市场飙升。如今，所有收入水平的消费者储蓄都处于或接近创纪录水平。德勤(Deloitte)的一项年度研究发现，富裕家庭计划在这个假期的支出比去年增加15%，平均每户2,624美元，推动了假期的大部分增长。</blockquote></p><p> “You got a lot of cash and there’s a fair amount of pent-up demand,” says Mark Zandi, chief economist at Moody’s Analytics.</p><p><blockquote>穆迪分析公司首席经济学家马克·赞迪表示：“你有大量现金，而且有相当多被压抑的需求。”</blockquote></p><p> Retail and food-services sales increased to an estimated $625 billion in September, up 0.7% from October and 13.9% year over year, according to the U.S. Census Bureau. Sales in retail alone rose 0.8% from August. “We were expecting that you’d see some pullback in September, and we didn’t,” says Citigroup economist Veronica Clark.</p><p><blockquote>根据美国人口普查局的数据，9月份零售和食品服务销售额估计增至6250亿美元，比10月份增长0.7%，同比增长13.9%。仅零售额就比8月份增长了0.8%。花旗集团经济学家维罗妮卡·克拉克(Veronica Clark)表示：“我们预计9月份会出现一些回调，但我们没有。”</blockquote></p><p> Retailers are much healthier than they were a decade ago heading into the holiday season, Matthew Shay, president and CEO of the National Retail Federation, said in a media briefing in October. A yearly&nbsp;Mastercard&nbsp;spending index forecasts U.S. retail sales to increase 7.4% this season, with significant gains in apparel, department stores, jewelry, and luxury items.</p><p><blockquote>全国零售联合会主席兼首席执行官马修·谢伊(Matthew Shay)在10月份的媒体吹风会上表示，进入假期，零售商比十年前健康得多。万事达卡年度支出指数预测，本季美国零售额将增长7.4%，其中服装、百货商店、珠宝和奢侈品将大幅增长。</blockquote></p><p> Luxury retailer&nbsp;Burberry Group&nbsp;(BRBY.UK), known for its tartan fabric and scarves, said this past week that comparable sales for its first half of fiscal 2022 rose 37%, and that full-price sales are growing at a double-digit rate. And&nbsp;Tapestry&nbsp;(TPR), the parent company of Coach, posted better-than-expected fiscal first-quarter earnings, raising its outlook for 2022 sales and profits.</p><p><blockquote>以格子呢面料和围巾闻名的奢侈品零售商博柏利集团(BRBY.UK)上周表示，2022财年上半年可比销售额增长37%，全价销售额正以两位数的速度增长。Coach母公司Tapestry(TPR)公布的第一财季财报好于预期，上调了2022年销售额和利润预期。</blockquote></p><p> Some analysts are bullish on the retail sector, with Cowen saying that “many of the luxury brands have successfully been able to take price increases and will likely benefit from the historically strong consumer balance sheets in the U.S. and internationally.” Wolfe Research favors Nordstrom and Tapestry, among others, with analysts writing in a note that “nearly all the major drivers of U.S. consumer spending favor the high end.”</p><p><blockquote>一些分析师看好零售业，考恩表示，“许多奢侈品牌已经成功地应对了价格上涨，并可能受益于美国和国际上历史上强劲的消费者资产负债表。”Wolfe Research青睐Nordstrom和Tapestry等公司，分析师在一份报告中写道，“美国消费者支出的几乎所有主要驱动因素都青睐高端产品。”</blockquote></p><p> Meanwhile, more Americans started coming out to the mall. Placer.ai mall-traffic statistics show that foot traffic for indoor malls was up 3% in October compared with 2019 levels, and traffic for outdoor malls was up 5%—one of the reasons mall stores are seeing their stocks soar. Simon Property Group (SPG), which owns the malls themselves, saw its stock gain about 90% in 2021.</p><p><blockquote>与此同时，更多的美国人开始来到购物中心。Placer.ai购物中心——流量统计显示，与2019年相比，10月份室内购物中心的客流量增长了3%，室外购物中心的客流量增长了5%——这是购物中心商店库存飙升的原因之一。拥有这些购物中心的西蒙地产集团(SPG)的股价在2021年上涨了约90%。</blockquote></p><p></p><p> “With the combination of more individuals becoming fully vaccinated, paired with many shopping early for the coming holiday season due to supply-chain concerns, we have seen a steady rise in foot traffic since July,” says Lindsay Petak, senior marketing manager for Tysons Corner Center in the Washington region. The mall is owned by Macerich (MAC), which also has seen its share price nearly double this year.</p><p><blockquote>泰森斯高级营销经理林赛·佩塔克(Lindsay Petak)表示：“随着越来越多的人完全接种疫苗，再加上许多人出于供应链担忧为即将到来的假期提前购物，自7月份以来，我们看到客流量稳步上升。”华盛顿地区的角落中心。该购物中心归Macerich(MAC)所有，该公司的股价今年也几乎翻了一番。</blockquote></p><p> All of this added to a stock run-up for the ages for beaten-down retailers. Over the past year, the&nbsp;SPDR S&amp;P Retail&nbsp;exchanged-trade fund (XRT) was up 85%, while the S&amp;P 500 rose 33%. The&nbsp;Invesco S&amp;P 500 Equal Weight Consumer Discretionary&nbsp;ETF (RCD) has outperformed the S&amp;P 500 by five percentage points this year, a sign that investors remain bullish on retail sales.</p><p><blockquote>所有这些都加剧了遭受重创的零售商多年来的股价上涨。过去一年，SPDR S&amp;P零售交易所交易基金(XRT)上涨了85%，而标普500则上涨了33%。景顺标普500等权重非必需消费品ETF（RCD）今年的表现优于标普500 5个百分点，这表明投资者仍然看好零售销售。</blockquote></p><p> “We’ve seen department stores and apparel and discretionary retailers really bounce back as soon as the economy reopened,” the NRF’s Shay says. “Department stores are always a popular destination for the holiday season, based on the consumer survey work we do....They continue to be at the top of the list of the places people shop this year.”</p><p><blockquote>NRF的谢伊说：“我们看到百货商店、服装和非必需消费品零售商在经济重新开放后就真正反弹了。”“根据我们所做的消费者调查工作，百货商店始终是节日期间的热门目的地……它们继续位居今年人们购物场所的榜首。”</blockquote></p><p> All that said, analysts and investors alike remain confident of the role physical stores play, which might look different from their online counterparts, but they’re here to stay.</p><p><blockquote>尽管如此，分析师和投资者仍然对实体店所扮演的角色充满信心，实体店可能看起来与在线商店不同，但它们将继续存在。</blockquote></p><p> The verdict on whether the retail renaissance is sustainable in the long term isn’t in yet. Retailers are operating in a macroeconomic environment far from the norm, making any guesses even more speculative.</p><p><blockquote>从长远来看，零售业复兴是否可持续还没有定论。零售商在远离正常的宏观经济环境中运营，这使得任何猜测都更具投机性。</blockquote></p><p> “I don’t think we have normal insight yet because there are just too many complexities throughout the business right now,” says Jefferies analyst Janine Stichter.</p><p><blockquote>杰富瑞(Jefferies)分析师珍妮·施蒂希特(Janine Stichter)表示：“我认为我们还没有正常的洞察力，因为目前整个业务存在太多复杂性。”</blockquote></p><p> Companies are struggling to manage ongoing supply-chain concerns, inflationary pressures, and a persistent labor shortage, which are likely to bite into earnings despite all signs pointing to a strong holiday quarter. “The supply-chain issues, they’re real,” Horowitz says.</p><p><blockquote>企业正在努力应对持续的供应链担忧、通胀压力和持续的劳动力短缺，尽管所有迹象都表明假日季度表现强劲，但这些问题可能会影响盈利。“供应链问题是真实存在的，”霍洛维茨说。</blockquote></p><p> Abercrombie is assuming a modest impact on sales due to supply-chain constraints, with even bigger impacts coming from freight inflation, the company said in its second-quarter earnings call.</p><p><blockquote>Abercrombie在第二季度收益看涨期权中表示，由于供应链限制，该公司预计销售将受到适度影响，而更大的影响来自运费通胀。</blockquote></p><p> To ease supply-chain pressures, retailers are encouraging consumers to start their shopping early—a trend that could skew end-of-year sales data, Citigroup’s Clark says. If shoppers pull their gift-buying forward, there could be a decline in November and December compared with previous years. “It’s not necessarily that spending is much weaker; it’s just that the distribution over months is different,” she says.</p><p><blockquote>花旗集团的克拉克表示，为了缓解供应链压力，零售商鼓励消费者尽早开始购物，这一趋势可能会扭曲年终销售数据。如果购物者提前购买礼物，与往年相比，11月和12月的礼物数量可能会有所下降。“这并不一定是支出疲软得多；只是几个月的分布不同，”她说。</blockquote></p><p> On the flip side, low inventories will give retailers higher pricing power that can help offset supply-chain disruptions, Stichter says. While beneficial to retailers, this could drive prices up even more, says Sasha Tomic, an economist at Boston College.</p><p><blockquote>Stichter表示，另一方面，低库存将为零售商提供更高的定价权，有助于抵消供应链中断。波士顿学院经济学家萨沙·托米奇表示，虽然这对零售商有利，但可能会进一步推高价格。</blockquote></p><p> Whatever the risks, strong performance won’t last forever, says Matthew Forester, chief investment officer at BNY Mellon’s Lockwood Advisors. “The U.S. economy, overall, is clearly slowing down,” he says. “And we’re going to slow down into the next year. Plus, as we get back to trend growth, that’s just what’s likely to happen.”</p><p><blockquote>纽约梅隆银行洛克伍德顾问公司首席投资官马修·福雷斯特表示，无论风险如何，强劲的业绩都不会永远持续下去。“总体而言，美国经济明显放缓，”他说。“明年我们将放缓。此外，随着我们恢复趋势增长，这正是可能发生的情况。”</blockquote></p><p> The economy will eventually exit its euphoria as stimulus continues to dwindle, he says. And while the comedown might not be “terrible,” he says, it will still be a decline from where consumer spending is now.</p><p><blockquote>他表示，随着刺激措施的继续减少，经济最终将退出兴奋状态。他表示，虽然下降可能并不“可怕”，但消费者支出仍将较目前有所下降。</blockquote></p><p> Abercrombie, though, is powering through the headwinds with the help of its bricks-and-mortar stores. The company is planning to position more inventory in stores, and is routing e-commerce orders to stores as well as partnering with Uber, Shipt, and Postmates to offer same-day delivery.</p><p><blockquote>不过，Abercrombie正在其实体店的帮助下克服逆风。该公司计划在商店放置更多库存，并将电子商务订单发送到商店，并与Uber、Shipt和Postmates合作提供当天送达服务。</blockquote></p><p> Other retailers have taken supply-chain solutions in their own hands. Specialty-apparel company American Eagle Outfitters (AEO) recently announced it was acquiring Quiet Logistics, an operator of automated distribution centers near city centers, just weeks after it bought AirTerra, which focuses on middle-mile logistics—the delivery of products from a warehouse to a retail store.</p><p><blockquote>其他零售商已经将供应链解决方案掌握在自己手中。特种服装公司American Eagle Outfitters(AEO)最近宣布将收购市中心附近自动化配送中心运营商Quiet Logistics，就在几周前，该公司收购了专注于中英里物流（将产品从仓库运送到零售店）的AirTerra。</blockquote></p><p> “We’re going to just continue at it,” Horowitz says.</p><p><blockquote>“我们将继续这样做，”霍洛维茨说。</blockquote></p><p> As retailers forge ahead, doomsayers might have to hold off on heralding a retail apocalypse. For now, the sentiment is clear: Consumers are rediscovering the joys of bricks-and-mortar shopping. The mall has become cool again.</p><p><blockquote>随着零售商的前进，末日预言家可能不得不推迟预示零售业的末日。目前，人们的情绪很明显：消费者正在重新发现实体购物的乐趣。商场又变得凉爽了。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.barrons.com/articles/macys-abercrombie-simon-property-retail-stocks-51636674171?mod=hp_HERO\">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":{"RCD":"READY CAPITAL CORPORATION 9.00% SENIOR NOTES DUE 2029","TPR":"Tapestry Inc.","BBRYF":"Burberry Group Plc","WMT":"沃尔玛","CAL":"Caleres鞋业","JWN":"诺德斯特龙","SIG":"西格内特珠宝","BRBY.UK":"巴宝莉","ANF":"爱芬奇","AMZN":"亚马逊","M":"梅西百货"},"source_url":"https://www.barrons.com/articles/macys-abercrombie-simon-property-retail-stocks-51636674171?mod=hp_HERO","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1159096163","content_text":"By the time the pandemic hit the U.S. economy, the outlook for Abercrombie & Fitch seemed dire.\nOnce a mall staple that captured the hearts and wallets of teenagers with stark, sexy advertising and dark, perfume-drenched stores, Abercrombie’s (ticker: ANF) stock price hit fresh lows in 2017. Shoppers’ distaste for the brand and a steady decrease in mall traffic clouded its future. Then, in March of 2020, the coronavirus began closing malls and stores across the country.\nThe retail apocalypse, it seemed, was about to claim another victim.\nBut something surprising happened on the way to the funeral: Abercrombie enjoyed one of its best years since its 2000s heyday. Under CEO Fran Horowitz, the company rebranded, putting out a more inclusive message and pivoting its focus toward young professionals while fine-tuning its Hollister brand for teenagers.\nRevenue increased 24% year over year in the company’s fiscal second quarter ended July 31, and 3% from prepandemic levels. Its stock is up 120% this year as shoppers flush with cash flock back to stores.\n“Perception of a brand is a hard thing to turn, and it takes time in order to build back trust with your consumer,” Horowitz says in an interview with Barron’s. “So, here we are happy to say in 2021 that we are seeing, obviously, the wonderful effects of all of that hard work.”\nAbercrombie isn’t the only retail brand that is coming into a new period of growth. Over the past year, many of America’s retailers have not only clawed their way out of the abyss, but have harnessed macroeconomic changes ushered in by the pandemic to propel themselves into an unexpected renaissance.\nBrands that successfully merged their bricks-and-mortar operations with digital strategies are seeing sales soar and stock prices rise, lifted by a strong market and consumers champing at the bit to spend their pandemic savings. The stock prices of many major mall-based retailers have soared, including Macy’s (M),Nordstrom (JWN), Famous Footwear parent Caleres (CAL), and Signet Jewelers (SIG), which all gained at least 100% in the past 12 months.\nThese companies are now poised to reap the benefits of a potentially record-setting holiday season. Consumers could spend $851 billion, a 9.5% increase from last year’s record $777 billion and more than twice the 4.4% average increase over the past five years, according to the National Retail Federation.\nNo one knows whether the party will last or whether these stores are simply capturing sales that would have happened in the future. Before retail sales normalize, companies need to navigate a host of supply-chain and inflationary pressures that could put a damper on holiday sales.\nBut the unexpected revival has reaffirmed the faith of many brands in the power of the physical stores. While still heavily investing in online operations, they are continuing to bet big on a bricks-and-mortar future. And as investments in physical stores continue, the demise of the bricks-and-mortar retailer that many once expected no longer seems so certain.\nWealthy households plan to spend an average $2,624 this holiday season, 15% more than last year.\nThe pandemic wasn’t exactly ideal for retailers, but it offered some unique opportunities. The problems were obvious. People were afraid to shop in person. Shoppers—even baby boomers—flocked online in unexpected numbers. Retail behemoths such as Amazon.com (AMZN) and Walmart (WMT) saw their best year ever.\n“The investor sentiment—especially from short term, hedge fund type investors—had just turned very negative on the group,” Columbia Threadneedle Investments retail analyst Mari Shor says. “I just think that investors weren’t really giving the companies, or the consumers, the benefit of the doubt.”\nShor says the doubt among investors was rooted in the notion that traditional retailers, both prepandemic and postpandemic, wouldn’t make it out alive.\nBut the pandemic gave retailers the rare chance to close poorly performing locations and focus on great ones. Many retailers also focused on getting better online, and shifted their sales strategies to target consumers wherever and whenever they wanted to shop—whether online, mobile, or in-store.\nIn one example of a company looking to fuel growth while connecting digital and in-store operations, the parent company of Saks Fifth Avenue spun out its e-commerce arm, which is now expected to go public with a target valuation of $6 billion.\nSuch approaches proved critical. Online and other non-store sales are expected to increase between 11% and 15% this holiday season, potentially reaching a high of $226 billion, according to National Retail Federation estimates.\n“We’d like to think that the pandemic not only accelerated the adoption of e-commerce around the world but also expanded the market,” says Pedro Palandrani, a research analyst at Global X who covers e-commerce.\nAbercrombie invested hundreds of millions of dollars in its digital strategy, emphasizing smooth transitions from digital to in-store experiences with initiatives such as improving the company’s website and instituting in-store returns and pickups for online purchases. The arrival of the pandemic prompted Abercrombie to close 130 stores worldwide and 50% of the brand’s flagships, bringing total store closures in the past 10 years to about 500, while strategically opening a few key new stores, Horowitz says.\n“Stores matter, but they have to be the right size, the right location, and the right economics,” she says. “You put that together with the digital and it equals magic.”\nNot only are physical stores cost-effective ways to draw in-person shoppers, but they also can serve as crucial distribution centers for online pickups and returns, as well as local shipping, says B. Riley Securities analyst Susan Anderson. In recent years, even online retailers such as Warby Parker (WRBY) have expanded their physical presence to accommodate shopper preferences. “The consumer wants to shop when and where they want to,” Anderson says.\nThat behavior can evolve in unexpected ways. Malls and physical stores are growing in popularity among digitally savvy teenagers and young adults.\nAccording to a survey of 1,000 shoppers earlier this year commissioned by BHDP, a design firm that counts retail among its specialties, 55% of 14-to-17 year olds say they are now shopping at indoor malls, and 90% plan to head to a mall in the next year. The 18-to-24-year-old shoppers surveyed are also back at the mall, trying on products, using in-store promotions, and making returns. Such shifts have led retailers to ditch old views and assumptions about specific demographics, says Rod Sides, vice chairman of U.S. retail and distribution at Deloitte.\nThe shifts in strategy during the pandemic put many retailers in a better position for the reopening of malls and downtowns this year—and shoppers were eager to open their wallets.\nDuring the pandemic, some consumers became unexpectedly flush. They got stimulus payments, saved up from a decline in travel expenses, and saw the markets soar. Today, consumer savings at all income levels are at or near a record. Wealthy households are planning to spend 15% more than last year this holiday season, averaging $2,624 per household and driving much of the season’s growth, an annual Deloitte study found.\n“You got a lot of cash and there’s a fair amount of pent-up demand,” says Mark Zandi, chief economist at Moody’s Analytics.\nRetail and food-services sales increased to an estimated $625 billion in September, up 0.7% from October and 13.9% year over year, according to the U.S. Census Bureau. Sales in retail alone rose 0.8% from August. “We were expecting that you’d see some pullback in September, and we didn’t,” says Citigroup economist Veronica Clark.\nRetailers are much healthier than they were a decade ago heading into the holiday season, Matthew Shay, president and CEO of the National Retail Federation, said in a media briefing in October. A yearly Mastercard spending index forecasts U.S. retail sales to increase 7.4% this season, with significant gains in apparel, department stores, jewelry, and luxury items.\nLuxury retailer Burberry Group (BRBY.UK), known for its tartan fabric and scarves, said this past week that comparable sales for its first half of fiscal 2022 rose 37%, and that full-price sales are growing at a double-digit rate. And Tapestry (TPR), the parent company of Coach, posted better-than-expected fiscal first-quarter earnings, raising its outlook for 2022 sales and profits.\nSome analysts are bullish on the retail sector, with Cowen saying that “many of the luxury brands have successfully been able to take price increases and will likely benefit from the historically strong consumer balance sheets in the U.S. and internationally.” Wolfe Research favors Nordstrom and Tapestry, among others, with analysts writing in a note that “nearly all the major drivers of U.S. consumer spending favor the high end.”\nMeanwhile, more Americans started coming out to the mall. Placer.ai mall-traffic statistics show that foot traffic for indoor malls was up 3% in October compared with 2019 levels, and traffic for outdoor malls was up 5%—one of the reasons mall stores are seeing their stocks soar. Simon Property Group (SPG), which owns the malls themselves, saw its stock gain about 90% in 2021.\n“With the combination of more individuals becoming fully vaccinated, paired with many shopping early for the coming holiday season due to supply-chain concerns, we have seen a steady rise in foot traffic since July,” says Lindsay Petak, senior marketing manager for Tysons Corner Center in the Washington region. The mall is owned by Macerich (MAC), which also has seen its share price nearly double this year.\nAll of this added to a stock run-up for the ages for beaten-down retailers. Over the past year, the SPDR S&P Retail exchanged-trade fund (XRT) was up 85%, while the S&P 500 rose 33%. The Invesco S&P 500 Equal Weight Consumer Discretionary ETF (RCD) has outperformed the S&P 500 by five percentage points this year, a sign that investors remain bullish on retail sales.\n“We’ve seen department stores and apparel and discretionary retailers really bounce back as soon as the economy reopened,” the NRF’s Shay says. “Department stores are always a popular destination for the holiday season, based on the consumer survey work we do....They continue to be at the top of the list of the places people shop this year.”\nAll that said, analysts and investors alike remain confident of the role physical stores play, which might look different from their online counterparts, but they’re here to stay.\nThe verdict on whether the retail renaissance is sustainable in the long term isn’t in yet. Retailers are operating in a macroeconomic environment far from the norm, making any guesses even more speculative.\n“I don’t think we have normal insight yet because there are just too many complexities throughout the business right now,” says Jefferies analyst Janine Stichter.\nCompanies are struggling to manage ongoing supply-chain concerns, inflationary pressures, and a persistent labor shortage, which are likely to bite into earnings despite all signs pointing to a strong holiday quarter. “The supply-chain issues, they’re real,” Horowitz says.\nAbercrombie is assuming a modest impact on sales due to supply-chain constraints, with even bigger impacts coming from freight inflation, the company said in its second-quarter earnings call.\nTo ease supply-chain pressures, retailers are encouraging consumers to start their shopping early—a trend that could skew end-of-year sales data, Citigroup’s Clark says. If shoppers pull their gift-buying forward, there could be a decline in November and December compared with previous years. “It’s not necessarily that spending is much weaker; it’s just that the distribution over months is different,” she says.\nOn the flip side, low inventories will give retailers higher pricing power that can help offset supply-chain disruptions, Stichter says. While beneficial to retailers, this could drive prices up even more, says Sasha Tomic, an economist at Boston College.\nWhatever the risks, strong performance won’t last forever, says Matthew Forester, chief investment officer at BNY Mellon’s Lockwood Advisors. “The U.S. economy, overall, is clearly slowing down,” he says. “And we’re going to slow down into the next year. Plus, as we get back to trend growth, that’s just what’s likely to happen.”\nThe economy will eventually exit its euphoria as stimulus continues to dwindle, he says. And while the comedown might not be “terrible,” he says, it will still be a decline from where consumer spending is now.\nAbercrombie, though, is powering through the headwinds with the help of its bricks-and-mortar stores. The company is planning to position more inventory in stores, and is routing e-commerce orders to stores as well as partnering with Uber, Shipt, and Postmates to offer same-day delivery.\nOther retailers have taken supply-chain solutions in their own hands. Specialty-apparel company American Eagle Outfitters (AEO) recently announced it was acquiring Quiet Logistics, an operator of automated distribution centers near city centers, just weeks after it bought AirTerra, which focuses on middle-mile logistics—the delivery of products from a warehouse to a retail store.\n“We’re going to just continue at it,” Horowitz says.\nAs retailers forge ahead, doomsayers might have to hold off on heralding a retail apocalypse. For now, the sentiment is clear: Consumers are rediscovering the joys of bricks-and-mortar shopping. The mall has become cool again.","news_type":1,"symbols_score_info":{"CAL":0.9,"BRBY.UK":0.9,"TPR":0.9,"RCD":0.9,"M":0.9,"BBRYF":0.9,"ANF":0.9,"WMT":0.9,"AMZN":0.9,"JWN":0.9,"SIG":0.9}},"isVote":1,"tweetType":1,"viewCount":1315,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":873308381,"gmtCreate":1636853402435,"gmtModify":1636853402547,"author":{"id":"3570619054429964","authorId":"3570619054429964","name":"evey77","avatar":"https://static.tigerbbs.com/8a042e238635d0f206ea5cc76045eb40","crmLevel":13,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3570619054429964","authorIdStr":"3570619054429964"},"themes":[],"htmlText":"No mention of Chinese EVs?&nbsp;","listText":"No mention of Chinese EVs?&nbsp;","text":"No mention of Chinese EVs?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/873308381","repostId":"1175907621","repostType":4,"repost":{"id":"1175907621","kind":"news","pubTimestamp":1636853227,"share":"https://www.laohu8.com/m/news/1175907621?lang=zh_CN&edition=full","pubTime":"2021-11-14 09:27","market":"us","language":"en","title":"Rivian Soars On IPO, But These 3 EV Stocks Are Better Buys Now<blockquote>Rivian IPO股价飙升，但这3只电动汽车股票现在更值得买入</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1175907621","media":"Motley Fool","summary":"Rivian has a bright future as a company, but its stock is priced to perfection. Here are 3 picks that are a better value with more upside potential.","content":"<p><b>Rivian Automotive</b>(NASDAQ:RIVN)has hit the market with a bang, trading more than 30% over its IPO price and now sporting a market cap near $100 billion. This is despite only producing about 15 vehicles per week right now. The company has a bright future, but investors looking for any value in&nbsp;electric vehicle stocks&nbsp;should probably look elsewhere right now.</p><p><blockquote><b>Rivian汽车</b>（纳斯达克股票代码：RIVN）在市场上大放异彩，交易价格比IPO价格高出30%以上，目前市值接近1000亿美元。尽管目前每周仅生产约15辆汽车。该公司有着光明的未来，但寻求电动汽车股票价值的投资者现在可能应该把目光投向其他地方。</blockquote></p><p> Three of our Fool.com contributors ,Travis Hoium, Howard Smith, and Daniel Foelber think&nbsp;<b>General Motors</b>(NYSE:GM),<b>ChargePoint Holdings</b>(NYSE:CHPT), and&nbsp;<b>Lucid Group</b>(NASDAQ:LCID)&nbsp;are all better buys than Rivian today.</p><p><blockquote>我们的三位Fool.com撰稿人Travis Hoium、Howard Smith和Daniel Foelber认为<b>通用汽车</b>（纽约证券交易所代码：GM），<b>ChargePoint控股</b>（纽约证券交易所代码：CHPT），以及<b>Lucid集团</b>（纳斯达克：LCID）如今都比Rivian更划算。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/38583e5ca55657c01e76a6eb4bab1782\" tg-width=\"2000\" tg-height=\"1331\" width=\"100%\" height=\"auto\"><span>IMAGE SOURCE: GETTY IMAGES.</span></p><p><blockquote><p class=\"t-img-caption\"><span>图片来源：盖蒂图片社。</span></p></blockquote></p><p> <b>The leader in autonomous driving</b></p><p><blockquote><b>自动驾驶的领头羊</b></blockquote></p><p> <b>Travis Hoium(General Motors):</b>As companies like Rivian get all the headlines in electric vehicles, General Motors is quietly building out the technology and manufacturing capacity totransition entirely to electric vehicles by 2035. That includes 30 EV models that will launch globally by 2025, including cars, trucks, and SUVs.</p><p><blockquote><b>特拉维斯·霍伊姆（通用汽车）：</b>随着Rivian等公司在电动汽车领域占据所有头条新闻，通用汽车正在悄悄地建设技术和制造能力，以便到2035年完全过渡到电动汽车。其中包括将于2025年在全球推出的30款电动汽车车型，包括轿车、卡车和SUV。</blockquote></p><p> But it isn't GM's EV capacity that makes it a better buy than Rivian, it's the company's majority ownership of Cruise, the autonomous ride-sharing company, that provides the most upside. GM is providing Cruise with design and manufacturing capabilities to build autonomous vehicles like the Cruise Origin (shown above), a self-driving shuttle for ride-sharing developed in a partnership between Cruise, GM, and&nbsp;<b>Honda</b>. Cruise is developing autonomous driving hardware and software that go into Origin and eventually a ride-sharing business. GM is also providing funding to build out Cruise's vehicle infrastructure, which could cost many billions of dollars, starting with a $5 billion line of credit to buy Cruise Origins.</p><p><blockquote>但并不是通用汽车的电动汽车产能使其比Rivian更值得购买，而是该公司对自动驾驶共享公司Cruise的多数股权提供了最大的上涨空间。通用汽车正在为Cruise提供设计和制造能力，以制造Cruise Origin（如上图所示）等自动驾驶汽车，这是一款由Cruise、通用汽车和<b>本田</b>.Cruise正在开发自动驾驶硬件和软件，这些硬件和软件将进入Origin并最终成为拼车业务。通用汽车还提供资金来建设Cruise的车辆基础设施，这可能耗资数十亿美元，首先是购买Cruise Origins的50亿美元信贷额度。</blockquote></p><p> In time, autonomous vehicles could reduce the cost of traveling in cities and even make vehicle ownership obsolete. Cruise is leading the way into this market, and that provides tremendous upside for GM. This may be an old company in the auto industry, but it's making great strategic moves to be a leader in the future of electric and autonomous vehicles.</p><p><blockquote>随着时间的推移，自动驾驶汽车可以降低城市出行成本，甚至使汽车所有权过时。Cruise正在引领这一市场，这为通用汽车提供了巨大的上升空间。这可能是一家汽车行业的老公司，但它正在采取重大战略举措，成为未来电动和自动驾驶汽车的领导者。</blockquote></p><p> <b>Picks and shovels</b></p><p><blockquote><b>镐和铲子</b></blockquote></p><p> <b>Howard Smith(ChargePoint Holdings)</b>:Rivian's public debut&nbsp;generated a lot of excitement for good reason. The company has big backers and reportedly a backlog of orders for both fleets and consumer electric vehicles (EVs). But investors have seen plenty of examples where initial excitement causes a spike in valuation that doesn't always last.</p><p><blockquote><b>霍华德·史密斯（ChargePoint Holdings）</b>：Rivian的首次公开亮相引起了很多兴奋，这是有充分理由的。该公司拥有大量支持者，据报道，车队和消费电动汽车(EV)都积压了订单。但投资者已经看到了很多例子，最初的兴奋会导致估值飙升，但这并不总是持续下去。</blockquote></p><p> Another exciting recent event for EV investors was the passage of a federal infrastructure bill that will push $7.5 billion to help build out the charging infrastructure needed for this country to expand EV ownership. ChargePoint Holdings is the leader in that space with more than 118,000 charging ports, including more than 3,700 DC fast chargers. The vast majority of those stations are in the U.S., though the company is also growing its business in Europe where it already has 5,400 charging locations.</p><p><blockquote>对于电动汽车投资者来说，最近另一个令人兴奋的事件是联邦基础设施法案的通过，该法案将斥资75亿美元帮助建设该国扩大电动汽车保有量所需的充电基础设施。ChargePoint Holdings是该领域的领导者，拥有超过118,000个充电端口，其中包括超过3,700个直流快速充电器。这些充电站绝大多数位于美国，尽管该公司也在欧洲发展业务，在那里已经拥有5400个充电站。</blockquote></p><p> Those federal infrastructure funds will be sent to states that will issue grants to the charging network companies, which will make up the country's network. And that should be a big shot in the arm for ChargePoint as the largest operator in the country. Even prior to the realization of that catalyst, ChargePoint was growing its business beyond what it had predicted before its public debut.</p><p><blockquote>这些联邦基础设施资金将被送往各州，各州将向充电网络公司发放补助金，这些公司将组成该国的网络。对于ChargePoint作为美国最大的运营商来说，这应该是一剂强心针。甚至在这一催化剂实现之前，ChargePoint的业务增长就超出了上市前的预期。</blockquote></p><p> The company recorded $146 million in revenue&nbsp;for its full fiscal year 2021 that ended Jan. 31, 2021. In its most recently reported quarter ended July 31, 2021, it raised its revenue guidance for its current fiscal year by 15% to a range of $225 million to $235 million. At the midpoint, that would represent annual revenue growth of 57.5%, even without the added catalyst of federal funds.</p><p><blockquote>该公司截至2021年1月31日的2021财年全年收入为1.46亿美元。在截至2021年7月31日的最新报告的季度中，该公司将本财年的收入指引上调了15%，至2.25亿美元至2.35亿美元。在中点，即使没有联邦基金的额外催化剂，这也意味着年收入增长57.5%。</blockquote></p><p> ChargePoint generated its own excitement when it announced it would begin trading publicly last year. The stock is almost 50% off the peak price reached at the end of Dec. 2020 prior to the closing of its merger with the&nbsp;special purpose acquisition company (SPAC)&nbsp;that brought it public. It wouldn't be surprising to see Rivian's stock fluctuate as well. But for Rivian -- and all the other EV makers -- to be successful, there will need to be charging infrastructure in place. That makes ChargePoint a \"picks and shovels\" type of investment for the rapidly growing EV sector. That could make it a better investment today than adding to Rivian's early hype.</p><p><blockquote>当ChargePoint去年宣布将开始公开交易时，它引起了自己的兴奋。该股较2020年12月底与上市的特殊目的收购公司(SPAC)合并完成之前达到的峰值价格低了近50%。看到Rivian的股价也出现波动也就不足为奇了。但Rivian和所有其他电动汽车制造商要想取得成功，就需要建立充电基础设施。这使得ChargePoint成为快速增长的电动汽车行业的“镐和铲子”类型的投资。这可能使其成为今天比Rivian早期炒作更好的投资。</blockquote></p><p> <b>Lucid is proving it can compete against the best in the business</b></p><p><blockquote><b>Lucid正在证明它可以与业内最好的公司竞争</b></blockquote></p><p></p><p> <b>Daniel Foelber(Lucid Group):</b>Rivian's roughly $120 billion market capitalization is raising eyebrows considering the company is relatively unproven. Similarly, Lucid Motors has received its fair share of criticism for sporting a $65 billion market cap just over a month into the&nbsp;mass production of its Lucid Air Dream Edition luxury sedan.</p><p><blockquote><b>丹尼尔·福尔伯（Lucid Group）：</b>考虑到Rivian相对未经证实，该公司约1200亿美元的市值令人惊讶。同样，Lucid Motors也因其Lucid Air Dream Edition豪华轿车量产仅一个多月就拥有650亿美元的市值而受到了相当多的批评。</blockquote></p><p> Rivian and Lucid are pricey, and it's hard to say which is the better value now. Rivian has received backing from&nbsp;<b>Amazon</b>&nbsp;and&nbsp;<b>Ford</b>&nbsp;as it targets the higher-end electric lifestyle truck and electric delivery van markets. Similar to&nbsp;<b>Tesla</b>(NASDAQ:TSLA), the company is bypassing the dealership framework of traditional automakers by&nbsp;marketing directly to consumers. Rivian also plans to build its own charging network to make electricity more accessible in remote places where a core part of its outdoor-focused target demographic requires the ability to charge. By comparison,Lucid doesn't feel the need to invest in its own charging network, choosing instead to save money by partnering with the growing list of third-party charging providers.</p><p><blockquote>Rivian和Lucid价格昂贵，现在很难说哪个更有价值。Rivian得到了来自<b>亚马逊</b>和<b>福特</b>因为它的目标是高端电动生活卡车和电动送货车市场。类似于<b>特斯拉</b>（纳斯达克：TSLA），该公司正在绕过传统汽车制造商的经销商框架，直接向消费者营销。Rivian还计划建立自己的充电网络，以使偏远地区更容易获得电力，这些地区以户外为重点的目标人群的核心部分需要充电能力。相比之下，Lucid认为没有必要投资自己的充电网络，而是选择通过与越来越多的第三方充电提供商合作来节省资金。</blockquote></p><p> Rivian has already faced delivery delays due to the global chip shortage. By comparison, Lucid has quickly built a&nbsp;reputation for delivering on its promises, having hit all of its major 2021 goals on time. Lucid also has an excellent management team and plenty of cash to fund its 2022 operations.</p><p><blockquote>由于全球芯片短缺，Rivian已经面临交付延迟。相比之下，Lucid因兑现承诺而迅速建立了声誉，按时实现了2021年的所有主要目标。Lucid还拥有优秀的管理团队和充足的现金来资助其2022年的运营。</blockquote></p><p> Arguably the best reason&nbsp;why there's never been a better time to buy Lucid stock&nbsp;is that the company has achieved incredible engineering feats that&nbsp;rival Tesla-- the undisputed champ in the EV industry. Packing in more battery cells can help improve performance, but Lucid isn't doing that. Instead, it has built a&nbsp;compact battery pack&nbsp;that sports a battery efficiency of 4.5 miles per kilowatt-hour (mi/kWh) of stored energy, which is higher than the Tesla Model S, Jaguar I-Pace, Porsche Taycan, and other competitors. Lucid management believes that battery efficiency is the key differentiating factor, not just higher horsepower and range. With the Lucid Air Dream Edition and Grand Touring, it has outdone the competition in both efficiency ratings and performance -- albeit for a high price tag.</p><p><blockquote>可以说，购买Lucid股票的最佳时机是该公司取得了令人难以置信的工程壮举，可与电动汽车行业无可争议的冠军特斯拉相媲美。装入更多电池有助于提高性能，但Lucid并没有这样做。相反，它制造了一个紧凑的电池组，电池效率为每千瓦时（mi/kWh）存储能量4.5英里，高于特斯拉Model S、捷豹I-Pace、保时捷Taycan和其他竞争对手。Lucid管理层认为，电池效率是关键的差异化因素，而不仅仅是更高的马力和续航里程。凭借Lucid Air Dream Edition和Grand Touring，它在效率评级和性能方面都超越了竞争对手，尽管价格较高。</blockquote></p><p> Rivian supporters would argue that not only does Rivian have a nice head start in the lifestyle EV pickup truck market, but it's also going to be a relatively insulated market because seasoned automakers like Ford and GM are only challenging the standard pickup truck market (for now). By comparison, Lucid plans to roll out lower prices trims of its sedan that would have to compete against expensive but much more \"affordable\" luxury sedan leaders. In doing so, it plans to lower the horsepower and range of its cars, which would bridge the gap between its advantages and the competition. However, what gives Lucid the edge over Rivian is that it has proven it can go toe-to-toe with the best in the business, hit its targets, and has plans to&nbsp;grow quickly in 2022 and beyond.</p><p><blockquote>Rivian的支持者会认为，Rivian不仅在生活方式电动皮卡市场有一个良好的开端，而且它也将是一个相对孤立的市场，因为福特和通用等经验丰富的汽车制造商只是在挑战标准皮卡市场（目前）。相比之下，Lucid计划推出价格较低的轿车，以与昂贵但更“实惠”的豪华轿车领导者竞争。通过这样做，它计划降低汽车的马力和续航里程，这将缩小其优势与竞争对手之间的差距。然而，Lucid相对于Rivian的优势在于，它已经证明自己可以与业内最优秀的公司正面交锋，实现目标，并计划在2022年及以后快速增长。</blockquote></p><p> Given that the growth trajectory is mapped out, Lucid has a clear path toward even greater success. However, investors should be aware that Lucid stock is likely to remain extremely volatile as the company works toward scaling production.</p><p><blockquote>鉴于增长轨迹已经规划好，Lucid有一条通往更大成功的清晰道路。然而，投资者应该意识到，随着Lucid公司努力扩大生产规模，该公司的股票可能会保持极度波动。</blockquote></p><p> <b>EVs are here to stay</b></p><p><blockquote><b>电动汽车将继续存在</b></blockquote></p><p> What we all agree on is that electric vehicles are here to stay. They're now competitive with fossil fuel vehicles in range, costs are coming down, and the innovative companies making EVs are enabling autonomy as well. The entire EV space has huge potential; we just think GM, ChargePoint, and Lucid are better buys than Rivian at today's price.</p><p><blockquote>我们都同意电动汽车将继续存在。它们现在在续航里程上与化石燃料汽车具有竞争力，成本正在下降，制造电动汽车的创新公司也在实现自动驾驶。整个电动汽车领域潜力巨大；我们只是认为，以今天的价格，通用汽车、ChargePoint和Lucid比Rivian更值得购买。</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>Rivian Soars On IPO, But These 3 EV Stocks Are Better Buys Now<blockquote>Rivian IPO股价飙升，但这3只电动汽车股票现在更值得买入</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\">\nRivian Soars On IPO, But These 3 EV Stocks Are Better Buys Now<blockquote>Rivian IPO股价飙升，但这3只电动汽车股票现在更值得买入</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Motley Fool</strong><span class=\"h-time small\">2021-11-14 09:27</span>\n</p>\n</h4>\n</header>\n<article>\n<p><b>Rivian Automotive</b>(NASDAQ:RIVN)has hit the market with a bang, trading more than 30% over its IPO price and now sporting a market cap near $100 billion. This is despite only producing about 15 vehicles per week right now. The company has a bright future, but investors looking for any value in&nbsp;electric vehicle stocks&nbsp;should probably look elsewhere right now.</p><p><blockquote><b>Rivian汽车</b>（纳斯达克股票代码：RIVN）在市场上大放异彩，交易价格比IPO价格高出30%以上，目前市值接近1000亿美元。尽管目前每周仅生产约15辆汽车。该公司有着光明的未来，但寻求电动汽车股票价值的投资者现在可能应该把目光投向其他地方。</blockquote></p><p> Three of our Fool.com contributors ,Travis Hoium, Howard Smith, and Daniel Foelber think&nbsp;<b>General Motors</b>(NYSE:GM),<b>ChargePoint Holdings</b>(NYSE:CHPT), and&nbsp;<b>Lucid Group</b>(NASDAQ:LCID)&nbsp;are all better buys than Rivian today.</p><p><blockquote>我们的三位Fool.com撰稿人Travis Hoium、Howard Smith和Daniel Foelber认为<b>通用汽车</b>（纽约证券交易所代码：GM），<b>ChargePoint控股</b>（纽约证券交易所代码：CHPT），以及<b>Lucid集团</b>（纳斯达克：LCID）如今都比Rivian更划算。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/38583e5ca55657c01e76a6eb4bab1782\" tg-width=\"2000\" tg-height=\"1331\" width=\"100%\" height=\"auto\"><span>IMAGE SOURCE: GETTY IMAGES.</span></p><p><blockquote><p class=\"t-img-caption\"><span>图片来源：盖蒂图片社。</span></p></blockquote></p><p> <b>The leader in autonomous driving</b></p><p><blockquote><b>自动驾驶的领头羊</b></blockquote></p><p> <b>Travis Hoium(General Motors):</b>As companies like Rivian get all the headlines in electric vehicles, General Motors is quietly building out the technology and manufacturing capacity totransition entirely to electric vehicles by 2035. That includes 30 EV models that will launch globally by 2025, including cars, trucks, and SUVs.</p><p><blockquote><b>特拉维斯·霍伊姆（通用汽车）：</b>随着Rivian等公司在电动汽车领域占据所有头条新闻，通用汽车正在悄悄地建设技术和制造能力，以便到2035年完全过渡到电动汽车。其中包括将于2025年在全球推出的30款电动汽车车型，包括轿车、卡车和SUV。</blockquote></p><p> But it isn't GM's EV capacity that makes it a better buy than Rivian, it's the company's majority ownership of Cruise, the autonomous ride-sharing company, that provides the most upside. GM is providing Cruise with design and manufacturing capabilities to build autonomous vehicles like the Cruise Origin (shown above), a self-driving shuttle for ride-sharing developed in a partnership between Cruise, GM, and&nbsp;<b>Honda</b>. Cruise is developing autonomous driving hardware and software that go into Origin and eventually a ride-sharing business. GM is also providing funding to build out Cruise's vehicle infrastructure, which could cost many billions of dollars, starting with a $5 billion line of credit to buy Cruise Origins.</p><p><blockquote>但并不是通用汽车的电动汽车产能使其比Rivian更值得购买，而是该公司对自动驾驶共享公司Cruise的多数股权提供了最大的上涨空间。通用汽车正在为Cruise提供设计和制造能力，以制造Cruise Origin（如上图所示）等自动驾驶汽车，这是一款由Cruise、通用汽车和<b>本田</b>.Cruise正在开发自动驾驶硬件和软件，这些硬件和软件将进入Origin并最终成为拼车业务。通用汽车还提供资金来建设Cruise的车辆基础设施，这可能耗资数十亿美元，首先是购买Cruise Origins的50亿美元信贷额度。</blockquote></p><p> In time, autonomous vehicles could reduce the cost of traveling in cities and even make vehicle ownership obsolete. Cruise is leading the way into this market, and that provides tremendous upside for GM. This may be an old company in the auto industry, but it's making great strategic moves to be a leader in the future of electric and autonomous vehicles.</p><p><blockquote>随着时间的推移，自动驾驶汽车可以降低城市出行成本，甚至使汽车所有权过时。Cruise正在引领这一市场，这为通用汽车提供了巨大的上升空间。这可能是一家汽车行业的老公司，但它正在采取重大战略举措，成为未来电动和自动驾驶汽车的领导者。</blockquote></p><p> <b>Picks and shovels</b></p><p><blockquote><b>镐和铲子</b></blockquote></p><p> <b>Howard Smith(ChargePoint Holdings)</b>:Rivian's public debut&nbsp;generated a lot of excitement for good reason. The company has big backers and reportedly a backlog of orders for both fleets and consumer electric vehicles (EVs). But investors have seen plenty of examples where initial excitement causes a spike in valuation that doesn't always last.</p><p><blockquote><b>霍华德·史密斯（ChargePoint Holdings）</b>：Rivian的首次公开亮相引起了很多兴奋，这是有充分理由的。该公司拥有大量支持者，据报道，车队和消费电动汽车(EV)都积压了订单。但投资者已经看到了很多例子，最初的兴奋会导致估值飙升，但这并不总是持续下去。</blockquote></p><p> Another exciting recent event for EV investors was the passage of a federal infrastructure bill that will push $7.5 billion to help build out the charging infrastructure needed for this country to expand EV ownership. ChargePoint Holdings is the leader in that space with more than 118,000 charging ports, including more than 3,700 DC fast chargers. The vast majority of those stations are in the U.S., though the company is also growing its business in Europe where it already has 5,400 charging locations.</p><p><blockquote>对于电动汽车投资者来说，最近另一个令人兴奋的事件是联邦基础设施法案的通过，该法案将斥资75亿美元帮助建设该国扩大电动汽车保有量所需的充电基础设施。ChargePoint Holdings是该领域的领导者，拥有超过118,000个充电端口，其中包括超过3,700个直流快速充电器。这些充电站绝大多数位于美国，尽管该公司也在欧洲发展业务，在那里已经拥有5400个充电站。</blockquote></p><p> Those federal infrastructure funds will be sent to states that will issue grants to the charging network companies, which will make up the country's network. And that should be a big shot in the arm for ChargePoint as the largest operator in the country. Even prior to the realization of that catalyst, ChargePoint was growing its business beyond what it had predicted before its public debut.</p><p><blockquote>这些联邦基础设施资金将被送往各州，各州将向充电网络公司发放补助金，这些公司将组成该国的网络。对于ChargePoint作为美国最大的运营商来说，这应该是一剂强心针。甚至在这一催化剂实现之前，ChargePoint的业务增长就超出了上市前的预期。</blockquote></p><p> The company recorded $146 million in revenue&nbsp;for its full fiscal year 2021 that ended Jan. 31, 2021. In its most recently reported quarter ended July 31, 2021, it raised its revenue guidance for its current fiscal year by 15% to a range of $225 million to $235 million. At the midpoint, that would represent annual revenue growth of 57.5%, even without the added catalyst of federal funds.</p><p><blockquote>该公司截至2021年1月31日的2021财年全年收入为1.46亿美元。在截至2021年7月31日的最新报告的季度中，该公司将本财年的收入指引上调了15%，至2.25亿美元至2.35亿美元。在中点，即使没有联邦基金的额外催化剂，这也意味着年收入增长57.5%。</blockquote></p><p> ChargePoint generated its own excitement when it announced it would begin trading publicly last year. The stock is almost 50% off the peak price reached at the end of Dec. 2020 prior to the closing of its merger with the&nbsp;special purpose acquisition company (SPAC)&nbsp;that brought it public. It wouldn't be surprising to see Rivian's stock fluctuate as well. But for Rivian -- and all the other EV makers -- to be successful, there will need to be charging infrastructure in place. That makes ChargePoint a \"picks and shovels\" type of investment for the rapidly growing EV sector. That could make it a better investment today than adding to Rivian's early hype.</p><p><blockquote>当ChargePoint去年宣布将开始公开交易时，它引起了自己的兴奋。该股较2020年12月底与上市的特殊目的收购公司(SPAC)合并完成之前达到的峰值价格低了近50%。看到Rivian的股价也出现波动也就不足为奇了。但Rivian和所有其他电动汽车制造商要想取得成功，就需要建立充电基础设施。这使得ChargePoint成为快速增长的电动汽车行业的“镐和铲子”类型的投资。这可能使其成为今天比Rivian早期炒作更好的投资。</blockquote></p><p> <b>Lucid is proving it can compete against the best in the business</b></p><p><blockquote><b>Lucid正在证明它可以与业内最好的公司竞争</b></blockquote></p><p></p><p> <b>Daniel Foelber(Lucid Group):</b>Rivian's roughly $120 billion market capitalization is raising eyebrows considering the company is relatively unproven. Similarly, Lucid Motors has received its fair share of criticism for sporting a $65 billion market cap just over a month into the&nbsp;mass production of its Lucid Air Dream Edition luxury sedan.</p><p><blockquote><b>丹尼尔·福尔伯（Lucid Group）：</b>考虑到Rivian相对未经证实，该公司约1200亿美元的市值令人惊讶。同样，Lucid Motors也因其Lucid Air Dream Edition豪华轿车量产仅一个多月就拥有650亿美元的市值而受到了相当多的批评。</blockquote></p><p> Rivian and Lucid are pricey, and it's hard to say which is the better value now. Rivian has received backing from&nbsp;<b>Amazon</b>&nbsp;and&nbsp;<b>Ford</b>&nbsp;as it targets the higher-end electric lifestyle truck and electric delivery van markets. Similar to&nbsp;<b>Tesla</b>(NASDAQ:TSLA), the company is bypassing the dealership framework of traditional automakers by&nbsp;marketing directly to consumers. Rivian also plans to build its own charging network to make electricity more accessible in remote places where a core part of its outdoor-focused target demographic requires the ability to charge. By comparison,Lucid doesn't feel the need to invest in its own charging network, choosing instead to save money by partnering with the growing list of third-party charging providers.</p><p><blockquote>Rivian和Lucid价格昂贵，现在很难说哪个更有价值。Rivian得到了来自<b>亚马逊</b>和<b>福特</b>因为它的目标是高端电动生活卡车和电动送货车市场。类似于<b>特斯拉</b>（纳斯达克：TSLA），该公司正在绕过传统汽车制造商的经销商框架，直接向消费者营销。Rivian还计划建立自己的充电网络，以使偏远地区更容易获得电力，这些地区以户外为重点的目标人群的核心部分需要充电能力。相比之下，Lucid认为没有必要投资自己的充电网络，而是选择通过与越来越多的第三方充电提供商合作来节省资金。</blockquote></p><p> Rivian has already faced delivery delays due to the global chip shortage. By comparison, Lucid has quickly built a&nbsp;reputation for delivering on its promises, having hit all of its major 2021 goals on time. Lucid also has an excellent management team and plenty of cash to fund its 2022 operations.</p><p><blockquote>由于全球芯片短缺，Rivian已经面临交付延迟。相比之下，Lucid因兑现承诺而迅速建立了声誉，按时实现了2021年的所有主要目标。Lucid还拥有优秀的管理团队和充足的现金来资助其2022年的运营。</blockquote></p><p> Arguably the best reason&nbsp;why there's never been a better time to buy Lucid stock&nbsp;is that the company has achieved incredible engineering feats that&nbsp;rival Tesla-- the undisputed champ in the EV industry. Packing in more battery cells can help improve performance, but Lucid isn't doing that. Instead, it has built a&nbsp;compact battery pack&nbsp;that sports a battery efficiency of 4.5 miles per kilowatt-hour (mi/kWh) of stored energy, which is higher than the Tesla Model S, Jaguar I-Pace, Porsche Taycan, and other competitors. Lucid management believes that battery efficiency is the key differentiating factor, not just higher horsepower and range. With the Lucid Air Dream Edition and Grand Touring, it has outdone the competition in both efficiency ratings and performance -- albeit for a high price tag.</p><p><blockquote>可以说，购买Lucid股票的最佳时机是该公司取得了令人难以置信的工程壮举，可与电动汽车行业无可争议的冠军特斯拉相媲美。装入更多电池有助于提高性能，但Lucid并没有这样做。相反，它制造了一个紧凑的电池组，电池效率为每千瓦时（mi/kWh）存储能量4.5英里，高于特斯拉Model S、捷豹I-Pace、保时捷Taycan和其他竞争对手。Lucid管理层认为，电池效率是关键的差异化因素，而不仅仅是更高的马力和续航里程。凭借Lucid Air Dream Edition和Grand Touring，它在效率评级和性能方面都超越了竞争对手，尽管价格较高。</blockquote></p><p> Rivian supporters would argue that not only does Rivian have a nice head start in the lifestyle EV pickup truck market, but it's also going to be a relatively insulated market because seasoned automakers like Ford and GM are only challenging the standard pickup truck market (for now). By comparison, Lucid plans to roll out lower prices trims of its sedan that would have to compete against expensive but much more \"affordable\" luxury sedan leaders. In doing so, it plans to lower the horsepower and range of its cars, which would bridge the gap between its advantages and the competition. However, what gives Lucid the edge over Rivian is that it has proven it can go toe-to-toe with the best in the business, hit its targets, and has plans to&nbsp;grow quickly in 2022 and beyond.</p><p><blockquote>Rivian的支持者会认为，Rivian不仅在生活方式电动皮卡市场有一个良好的开端，而且它也将是一个相对孤立的市场，因为福特和通用等经验丰富的汽车制造商只是在挑战标准皮卡市场（目前）。相比之下，Lucid计划推出价格较低的轿车，以与昂贵但更“实惠”的豪华轿车领导者竞争。通过这样做，它计划降低汽车的马力和续航里程，这将缩小其优势与竞争对手之间的差距。然而，Lucid相对于Rivian的优势在于，它已经证明自己可以与业内最优秀的公司正面交锋，实现目标，并计划在2022年及以后快速增长。</blockquote></p><p> Given that the growth trajectory is mapped out, Lucid has a clear path toward even greater success. However, investors should be aware that Lucid stock is likely to remain extremely volatile as the company works toward scaling production.</p><p><blockquote>鉴于增长轨迹已经规划好，Lucid有一条通往更大成功的清晰道路。然而，投资者应该意识到，随着Lucid公司努力扩大生产规模，该公司的股票可能会保持极度波动。</blockquote></p><p> <b>EVs are here to stay</b></p><p><blockquote><b>电动汽车将继续存在</b></blockquote></p><p> What we all agree on is that electric vehicles are here to stay. They're now competitive with fossil fuel vehicles in range, costs are coming down, and the innovative companies making EVs are enabling autonomy as well. The entire EV space has huge potential; we just think GM, ChargePoint, and Lucid are better buys than Rivian at today's price.</p><p><blockquote>我们都同意电动汽车将继续存在。它们现在在续航里程上与化石燃料汽车具有竞争力，成本正在下降，制造电动汽车的创新公司也在实现自动驾驶。整个电动汽车领域潜力巨大；我们只是认为，以今天的价格，通用汽车、ChargePoint和Lucid比Rivian更值得购买。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.fool.com/investing/2021/11/13/rivian-soars-on-ipo-but-these-3-stocks/\">Motley Fool</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":{"CHPT":"ChargePoint Holdings Inc.","LCID":"Lucid Group Inc","GM":"通用汽车"},"source_url":"https://www.fool.com/investing/2021/11/13/rivian-soars-on-ipo-but-these-3-stocks/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1175907621","content_text":"Rivian Automotive(NASDAQ:RIVN)has hit the market with a bang, trading more than 30% over its IPO price and now sporting a market cap near $100 billion. This is despite only producing about 15 vehicles per week right now. The company has a bright future, but investors looking for any value in electric vehicle stocks should probably look elsewhere right now.\nThree of our Fool.com contributors ,Travis Hoium, Howard Smith, and Daniel Foelber think General Motors(NYSE:GM),ChargePoint Holdings(NYSE:CHPT), and Lucid Group(NASDAQ:LCID) are all better buys than Rivian today.\nIMAGE SOURCE: GETTY IMAGES.\nThe leader in autonomous driving\nTravis Hoium(General Motors):As companies like Rivian get all the headlines in electric vehicles, General Motors is quietly building out the technology and manufacturing capacity totransition entirely to electric vehicles by 2035. That includes 30 EV models that will launch globally by 2025, including cars, trucks, and SUVs.\nBut it isn't GM's EV capacity that makes it a better buy than Rivian, it's the company's majority ownership of Cruise, the autonomous ride-sharing company, that provides the most upside. GM is providing Cruise with design and manufacturing capabilities to build autonomous vehicles like the Cruise Origin (shown above), a self-driving shuttle for ride-sharing developed in a partnership between Cruise, GM, and Honda. Cruise is developing autonomous driving hardware and software that go into Origin and eventually a ride-sharing business. GM is also providing funding to build out Cruise's vehicle infrastructure, which could cost many billions of dollars, starting with a $5 billion line of credit to buy Cruise Origins.\nIn time, autonomous vehicles could reduce the cost of traveling in cities and even make vehicle ownership obsolete. Cruise is leading the way into this market, and that provides tremendous upside for GM. This may be an old company in the auto industry, but it's making great strategic moves to be a leader in the future of electric and autonomous vehicles.\nPicks and shovels\nHoward Smith(ChargePoint Holdings):Rivian's public debut generated a lot of excitement for good reason. The company has big backers and reportedly a backlog of orders for both fleets and consumer electric vehicles (EVs). But investors have seen plenty of examples where initial excitement causes a spike in valuation that doesn't always last.\nAnother exciting recent event for EV investors was the passage of a federal infrastructure bill that will push $7.5 billion to help build out the charging infrastructure needed for this country to expand EV ownership. ChargePoint Holdings is the leader in that space with more than 118,000 charging ports, including more than 3,700 DC fast chargers. The vast majority of those stations are in the U.S., though the company is also growing its business in Europe where it already has 5,400 charging locations.\nThose federal infrastructure funds will be sent to states that will issue grants to the charging network companies, which will make up the country's network. And that should be a big shot in the arm for ChargePoint as the largest operator in the country. Even prior to the realization of that catalyst, ChargePoint was growing its business beyond what it had predicted before its public debut.\nThe company recorded $146 million in revenue for its full fiscal year 2021 that ended Jan. 31, 2021. In its most recently reported quarter ended July 31, 2021, it raised its revenue guidance for its current fiscal year by 15% to a range of $225 million to $235 million. At the midpoint, that would represent annual revenue growth of 57.5%, even without the added catalyst of federal funds.\nChargePoint generated its own excitement when it announced it would begin trading publicly last year. The stock is almost 50% off the peak price reached at the end of Dec. 2020 prior to the closing of its merger with the special purpose acquisition company (SPAC) that brought it public. It wouldn't be surprising to see Rivian's stock fluctuate as well. But for Rivian -- and all the other EV makers -- to be successful, there will need to be charging infrastructure in place. That makes ChargePoint a \"picks and shovels\" type of investment for the rapidly growing EV sector. That could make it a better investment today than adding to Rivian's early hype.\nLucid is proving it can compete against the best in the business\nDaniel Foelber(Lucid Group):Rivian's roughly $120 billion market capitalization is raising eyebrows considering the company is relatively unproven. Similarly, Lucid Motors has received its fair share of criticism for sporting a $65 billion market cap just over a month into the mass production of its Lucid Air Dream Edition luxury sedan.\nRivian and Lucid are pricey, and it's hard to say which is the better value now. Rivian has received backing from Amazon and Ford as it targets the higher-end electric lifestyle truck and electric delivery van markets. Similar to Tesla(NASDAQ:TSLA), the company is bypassing the dealership framework of traditional automakers by marketing directly to consumers. Rivian also plans to build its own charging network to make electricity more accessible in remote places where a core part of its outdoor-focused target demographic requires the ability to charge. By comparison,Lucid doesn't feel the need to invest in its own charging network, choosing instead to save money by partnering with the growing list of third-party charging providers.\nRivian has already faced delivery delays due to the global chip shortage. By comparison, Lucid has quickly built a reputation for delivering on its promises, having hit all of its major 2021 goals on time. Lucid also has an excellent management team and plenty of cash to fund its 2022 operations.\nArguably the best reason why there's never been a better time to buy Lucid stock is that the company has achieved incredible engineering feats that rival Tesla-- the undisputed champ in the EV industry. Packing in more battery cells can help improve performance, but Lucid isn't doing that. Instead, it has built a compact battery pack that sports a battery efficiency of 4.5 miles per kilowatt-hour (mi/kWh) of stored energy, which is higher than the Tesla Model S, Jaguar I-Pace, Porsche Taycan, and other competitors. Lucid management believes that battery efficiency is the key differentiating factor, not just higher horsepower and range. With the Lucid Air Dream Edition and Grand Touring, it has outdone the competition in both efficiency ratings and performance -- albeit for a high price tag.\nRivian supporters would argue that not only does Rivian have a nice head start in the lifestyle EV pickup truck market, but it's also going to be a relatively insulated market because seasoned automakers like Ford and GM are only challenging the standard pickup truck market (for now). By comparison, Lucid plans to roll out lower prices trims of its sedan that would have to compete against expensive but much more \"affordable\" luxury sedan leaders. In doing so, it plans to lower the horsepower and range of its cars, which would bridge the gap between its advantages and the competition. However, what gives Lucid the edge over Rivian is that it has proven it can go toe-to-toe with the best in the business, hit its targets, and has plans to grow quickly in 2022 and beyond.\nGiven that the growth trajectory is mapped out, Lucid has a clear path toward even greater success. However, investors should be aware that Lucid stock is likely to remain extremely volatile as the company works toward scaling production.\nEVs are here to stay\nWhat we all agree on is that electric vehicles are here to stay. They're now competitive with fossil fuel vehicles in range, costs are coming down, and the innovative companies making EVs are enabling autonomy as well. The entire EV space has huge potential; we just think GM, ChargePoint, and Lucid are better buys than Rivian at today's price.","news_type":1,"symbols_score_info":{"LCID":0.9,"GM":0.9,"CHPT":0.9}},"isVote":1,"tweetType":1,"viewCount":922,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":870751669,"gmtCreate":1636652016463,"gmtModify":1636652016871,"author":{"id":"3570619054429964","authorId":"3570619054429964","name":"evey77","avatar":"https://static.tigerbbs.com/8a042e238635d0f206ea5cc76045eb40","crmLevel":13,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3570619054429964","authorIdStr":"3570619054429964"},"themes":[],"htmlText":"Waiting to see <a href=\"https://laohu8.com/S/09988\">$Alibaba(09988)$</a>’s sales for comparison&nbsp;","listText":"Waiting to see <a href=\"https://laohu8.com/S/09988\">$Alibaba(09988)$</a>’s sales for comparison&nbsp;","text":"Waiting to see $Alibaba(09988)$’s sales for comparison","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/870751669","repostId":"1109019041","repostType":4,"repost":{"id":"1109019041","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":1636641593,"share":"https://www.laohu8.com/m/news/1109019041?lang=zh_CN&edition=full","pubTime":"2021-11-11 22:39","market":"us","language":"en","title":"JD.com gained 5% as it crushed its Singles Day sales record<blockquote>京东股价上涨5%，打破双十一销售记录</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1109019041","media":"Tiger Newspress","summary":"JD.com rose more than 5% in morning trading alongside news that the company has pushed through its Singles Day sales volume record.The sales holiday had resulted in 311.4 billion yuan  in transaction volume as of 2:09 p.m.; at that point there were several hours left in a now-extended Singles Day.Last year JD volume hit 271.5 billion yuan .As with Black Friday in the United States, Singles Day used to be a 24-hour sales event but has stretched out. JD offered a presale period from Oct. 20-Oct. 3","content":"<p>JD.com&nbsp;rose&nbsp;more&nbsp;than 5%&nbsp;in&nbsp;morning&nbsp;trading alongside news that the company has pushed through its&nbsp;Singles Day sales volume record.</p><p><blockquote>京东早盘上涨逾5%，同时有消息称该公司突破了双十一销售额纪录。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/cc68187d9be6f6c7aef7c77122119d95\" tg-width=\"857\" tg-height=\"617\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p> The sales holiday had resulted in 311.4 billion yuan (about $48.6 billion) in transaction volume as of 2:09 p.m.; at that point there were several hours left in a now-extended Singles Day.</p><p><blockquote>截至下午2点09分，销售假期已带来3114亿元人民币（约合486亿美元）的交易量；那时，现在延长的光棍节还剩下几个小时。</blockquote></p><p> Last year JD volume hit 271.5 billion yuan (which doesn't directly translate into revenue as it's business transacted across its platforms).</p><p><blockquote>去年京东交易额达到2715亿元人民币（这并不能直接转化为收入，因为其业务是跨平台交易的）。</blockquote></p><p> As with Black Friday in the United States, Singles Day used to be a 24-hour sales event but has stretched out. JD offered a presale period from Oct. 20-Oct. 31, one reason that it's easier to break records now.</p><p><blockquote>与美国的黑色星期五一样，光棍节过去是24小时销售活动，但现在已经延长了。京东提供的预售期为10月20日至10月20日。31，现在更容易打破记录的一个原因。</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>JD.com gained 5% as it crushed its Singles Day sales record<blockquote>京东股价上涨5%，打破双十一销售记录</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\">\nJD.com gained 5% as it crushed its Singles Day sales record<blockquote>京东股价上涨5%，打破双十一销售记录</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\">2021-11-11 22:39</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>JD.com&nbsp;rose&nbsp;more&nbsp;than 5%&nbsp;in&nbsp;morning&nbsp;trading alongside news that the company has pushed through its&nbsp;Singles Day sales volume record.</p><p><blockquote>京东早盘上涨逾5%，同时有消息称该公司突破了双十一销售额纪录。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/cc68187d9be6f6c7aef7c77122119d95\" tg-width=\"857\" tg-height=\"617\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p> The sales holiday had resulted in 311.4 billion yuan (about $48.6 billion) in transaction volume as of 2:09 p.m.; at that point there were several hours left in a now-extended Singles Day.</p><p><blockquote>截至下午2点09分，销售假期已带来3114亿元人民币（约合486亿美元）的交易量；那时，现在延长的光棍节还剩下几个小时。</blockquote></p><p> Last year JD volume hit 271.5 billion yuan (which doesn't directly translate into revenue as it's business transacted across its platforms).</p><p><blockquote>去年京东交易额达到2715亿元人民币（这并不能直接转化为收入，因为其业务是跨平台交易的）。</blockquote></p><p> As with Black Friday in the United States, Singles Day used to be a 24-hour sales event but has stretched out. JD offered a presale period from Oct. 20-Oct. 31, one reason that it's easier to break records now.</p><p><blockquote>与美国的黑色星期五一样，光棍节过去是24小时销售活动，但现在已经延长了。京东提供的预售期为10月20日至10月20日。31，现在更容易打破记录的一个原因。</blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"JD":"京东","09618":"京东集团-SW"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1109019041","content_text":"JD.com rose more than 5% in morning trading alongside news that the company has pushed through its Singles Day sales volume record.\n\nThe sales holiday had resulted in 311.4 billion yuan (about $48.6 billion) in transaction volume as of 2:09 p.m.; at that point there were several hours left in a now-extended Singles Day.\nLast year JD volume hit 271.5 billion yuan (which doesn't directly translate into revenue as it's business transacted across its platforms).\nAs with Black Friday in the United States, Singles Day used to be a 24-hour sales event but has stretched out. JD offered a presale period from Oct. 20-Oct. 31, one reason that it's easier to break records now.","news_type":1,"symbols_score_info":{"09618":0.9,"JD":0.9}},"isVote":1,"tweetType":1,"viewCount":1083,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":844875665,"gmtCreate":1636419646678,"gmtModify":1636419828636,"author":{"id":"3570619054429964","authorId":"3570619054429964","name":"evey77","avatar":"https://static.tigerbbs.com/8a042e238635d0f206ea5cc76045eb40","crmLevel":13,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3570619054429964","authorIdStr":"3570619054429964"},"themes":[],"htmlText":"Fell more than $11 despite the good results…&nbsp;What’s going on?!","listText":"Fell more than $11 despite the good results…&nbsp;What’s going on?!","text":"Fell more than $11 despite the good results… What’s going on?!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/844875665","repostId":"2182772815","repostType":2,"isVote":1,"tweetType":1,"viewCount":918,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":846437522,"gmtCreate":1636103558942,"gmtModify":1636103559048,"author":{"id":"3570619054429964","authorId":"3570619054429964","name":"evey77","avatar":"https://static.tigerbbs.com/8a042e238635d0f206ea5cc76045eb40","crmLevel":13,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3570619054429964","authorIdStr":"3570619054429964"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/PYPL\">$PayPal(PYPL)$</a>Musing over whether to buy before or after the&nbsp;earnings announcement on Nov 8th. Anyone has any thoughts?","listText":"<a href=\"https://laohu8.com/S/PYPL\">$PayPal(PYPL)$</a>Musing over whether to buy before or after the&nbsp;earnings announcement on Nov 8th. Anyone has any thoughts?","text":"$PayPal(PYPL)$Musing over whether to buy before or after the earnings announcement on Nov 8th. Anyone has any thoughts?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":6,"repostSize":0,"link":"https://laohu8.com/post/846437522","isVote":1,"tweetType":1,"viewCount":2359,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0}],"hots":[{"id":134812351,"gmtCreate":1622215370273,"gmtModify":1634182735047,"author":{"id":"3570619054429964","authorId":"3570619054429964","name":"evey77","avatar":"https://static.tigerbbs.com/8a042e238635d0f206ea5cc76045eb40","crmLevel":13,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3570619054429964","idStr":"3570619054429964"},"themes":[],"htmlText":"Less money for people to pump into stocks? Would this means the current hurrah&nbsp;will end soon?","listText":"Less money for people to pump into stocks? Would this means the current hurrah&nbsp;will end soon?","text":"Less money for people to pump into stocks? Would this means the current hurrah will end soon?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":6,"repostSize":0,"link":"https://laohu8.com/post/134812351","repostId":"1188611521","repostType":4,"isVote":1,"tweetType":1,"viewCount":574,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":820160830,"gmtCreate":1633359169754,"gmtModify":1633359197636,"author":{"id":"3570619054429964","authorId":"3570619054429964","name":"evey77","avatar":"https://static.tigerbbs.com/8a042e238635d0f206ea5cc76045eb40","crmLevel":13,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3570619054429964","idStr":"3570619054429964"},"themes":[],"htmlText":"Not going to panic&nbsp;","listText":"Not going to panic&nbsp;","text":"Not going to panic","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":10,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/820160830","repostId":"1121201904","repostType":4,"repost":{"id":"1121201904","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":1633358944,"share":"https://www.laohu8.com/m/news/1121201904?lang=zh_CN&edition=full","pubTime":"2021-10-04 22:49","market":"us","language":"en","title":"Dow sheds 300 points as investors ditch technology stocks, Nasdaq drops 2%<blockquote>投资者抛弃科技股道指下跌300点纳斯达克下跌2%</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1121201904","media":"Tiger Newspress","summary":"The major averages took steep losses to start the week as investors continued their rotation out of ","content":"<p>The major averages took steep losses to start the week as investors continued their rotation out of technology stocks amid rising bond yields.</p><p><blockquote>由于债券收益率上升，投资者继续从科技股中撤出，主要股指在本周初大幅下跌。</blockquote></p><p> The Dow Jones Industrial Average fell about 300 points, despite a large gain in Merck. The S&amp;P 500 shed 1.2%. The technology-focused Nasdaq Composite was the relative underperformer, dipping roughly 2%.</p><p><blockquote>道琼斯工业平均指数下跌约300点，尽管默克公司大幅上涨。标普500下跌1.2%。以科技为重点的纳斯达克综合指数表现相对不佳，下跌约2%。</blockquote></p><p> Large tech shares&nbsp;like&nbsp;Apple,Nvidia,Amazon&nbsp;and&nbsp;Microsoft&nbsp;were lower as investors eyed bond yields.</p><p><blockquote>由于投资者关注债券收益率，苹果、英伟达、亚马逊和微软等大型科技股走低。</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>Dow sheds 300 points as investors ditch technology stocks, Nasdaq drops 2%<blockquote>投资者抛弃科技股道指下跌300点纳斯达克下跌2%</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\">\nDow sheds 300 points as investors ditch technology stocks, Nasdaq drops 2%<blockquote>投资者抛弃科技股道指下跌300点纳斯达克下跌2%</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\">2021-10-04 22:49</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>The major averages took steep losses to start the week as investors continued their rotation out of technology stocks amid rising bond yields.</p><p><blockquote>由于债券收益率上升，投资者继续从科技股中撤出，主要股指在本周初大幅下跌。</blockquote></p><p> The Dow Jones Industrial Average fell about 300 points, despite a large gain in Merck. The S&amp;P 500 shed 1.2%. The technology-focused Nasdaq Composite was the relative underperformer, dipping roughly 2%.</p><p><blockquote>道琼斯工业平均指数下跌约300点，尽管默克公司大幅上涨。标普500下跌1.2%。以科技为重点的纳斯达克综合指数表现相对不佳，下跌约2%。</blockquote></p><p> Large tech shares&nbsp;like&nbsp;Apple,Nvidia,Amazon&nbsp;and&nbsp;Microsoft&nbsp;were lower as investors eyed bond yields.</p><p><blockquote>由于投资者关注债券收益率，苹果、英伟达、亚马逊和微软等大型科技股走低。</blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite",".DJI":"道琼斯"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1121201904","content_text":"The major averages took steep losses to start the week as investors continued their rotation out of technology stocks amid rising bond yields.\nThe Dow Jones Industrial Average fell about 300 points, despite a large gain in Merck. The S&P 500 shed 1.2%. The technology-focused Nasdaq Composite was the relative underperformer, dipping roughly 2%.\nLarge tech shares like Apple,Nvidia,Amazon and Microsoft were lower as investors eyed bond yields.","news_type":1,"symbols_score_info":{".SPX":0.9,".IXIC":0.9,".DJI":0.9}},"isVote":1,"tweetType":1,"viewCount":442,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":846437522,"gmtCreate":1636103558942,"gmtModify":1636103559048,"author":{"id":"3570619054429964","authorId":"3570619054429964","name":"evey77","avatar":"https://static.tigerbbs.com/8a042e238635d0f206ea5cc76045eb40","crmLevel":13,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3570619054429964","idStr":"3570619054429964"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/PYPL\">$PayPal(PYPL)$</a>Musing over whether to buy before or after the&nbsp;earnings announcement on Nov 8th. Anyone has any thoughts?","listText":"<a href=\"https://laohu8.com/S/PYPL\">$PayPal(PYPL)$</a>Musing over whether to buy before or after the&nbsp;earnings announcement on Nov 8th. Anyone has any thoughts?","text":"$PayPal(PYPL)$Musing over whether to buy before or after the earnings announcement on Nov 8th. Anyone has any thoughts?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":6,"repostSize":0,"link":"https://laohu8.com/post/846437522","isVote":1,"tweetType":1,"viewCount":2359,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":601426146,"gmtCreate":1638548724796,"gmtModify":1638548925158,"author":{"id":"3570619054429964","authorId":"3570619054429964","name":"evey77","avatar":"https://static.tigerbbs.com/8a042e238635d0f206ea5cc76045eb40","crmLevel":13,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3570619054429964","idStr":"3570619054429964"},"themes":[],"htmlText":"This is so crazy… massacre","listText":"This is so crazy… massacre","text":"This is so crazy… massacre","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":6,"repostSize":0,"link":"https://laohu8.com/post/601426146","repostId":"1192973257","repostType":2,"repost":{"id":"1192973257","kind":"news","weMediaInfo":{"introduction":"为用户提供金融资讯、行情、数据，旨在帮助投资者理解世界，做投资决策。","home_visible":1,"media_name":"老虎资讯综合","id":"102","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1638542620,"share":"https://www.laohu8.com/m/news/1192973257?lang=zh_CN&edition=full","pubTime":"2021-12-03 22:43","market":"us","language":"en","title":"Alibaba shares fell nearly 9%, hitting a 52 week low<blockquote>阿里巴巴-SW股价跌近9%创52周新低</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1192973257","media":"老虎资讯综合","summary":"Alibaba shares fell nearly 9%&nbsp;in morning trading, hitting a 52 week low.","content":"<p>Alibaba shares fell nearly 9%&nbsp;in morning trading, hitting a 52 week low.</p><p><blockquote>阿里巴巴-SW股价早盘下跌近9%，创52周新低。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/bffdf13d46c5b423e7d19ca33abd1d05\" tg-width=\"840\" tg-height=\"470\" width=\"100%\" height=\"auto\"></p><p><blockquote></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>Alibaba shares fell nearly 9%, hitting a 52 week low<blockquote>阿里巴巴-SW股价跌近9%创52周新低</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\">\nAlibaba shares fell nearly 9%, hitting a 52 week low<blockquote>阿里巴巴-SW股价跌近9%创52周新低</blockquote>\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/102\">\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\">老虎资讯综合 </p>\n<p class=\"h-time smaller\">2021-12-03 22:43</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>Alibaba shares fell nearly 9%&nbsp;in morning trading, hitting a 52 week low.</p><p><blockquote>阿里巴巴-SW股价早盘下跌近9%，创52周新低。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/bffdf13d46c5b423e7d19ca33abd1d05\" tg-width=\"840\" tg-height=\"470\" width=\"100%\" height=\"auto\"></p><p><blockquote></blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BABA":"阿里巴巴"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1192973257","content_text":"Alibaba shares fell nearly 9% in morning trading, hitting a 52 week low.","news_type":1,"symbols_score_info":{"BABA":0.9}},"isVote":1,"tweetType":1,"viewCount":3251,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":600309654,"gmtCreate":1638062257387,"gmtModify":1638062257518,"author":{"id":"3570619054429964","authorId":"3570619054429964","name":"evey77","avatar":"https://static.tigerbbs.com/8a042e238635d0f206ea5cc76045eb40","crmLevel":13,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3570619054429964","idStr":"3570619054429964"},"themes":[],"htmlText":"Too much consumerism&nbsp;is bad for the environment though, creating too much waste&nbsp;😅","listText":"Too much consumerism&nbsp;is bad for the environment though, creating too much waste&nbsp;😅","text":"Too much consumerism is bad for the environment though, creating too much waste 😅","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/600309654","repostId":"2186764328","repostType":4,"isVote":1,"tweetType":1,"viewCount":3760,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3565944798085236","authorId":"3565944798085236","name":"ET77","avatar":"https://static.tigerbbs.com/2c73ac2c436c2e43d9b78a2c52d24cb7","crmLevel":12,"crmLevelSwitch":0,"authorIdStr":"3565944798085236","idStr":"3565944798085236"},"content":"Why r the diScounts so lousy","text":"Why r the diScounts so lousy","html":"Why r the diScounts so lousy"}],"imageCount":0,"langContent":"CN","totalScore":0},{"id":827818013,"gmtCreate":1634441671450,"gmtModify":1634441671835,"author":{"id":"3570619054429964","authorId":"3570619054429964","name":"evey77","avatar":"https://static.tigerbbs.com/8a042e238635d0f206ea5cc76045eb40","crmLevel":13,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3570619054429964","idStr":"3570619054429964"},"themes":[],"htmlText":"Is it time to sell bank stocks?","listText":"Is it time to sell bank stocks?","text":"Is it time to sell bank stocks?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":11,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/827818013","repostId":"2175146556","repostType":4,"isVote":1,"tweetType":1,"viewCount":540,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":607128901,"gmtCreate":1639501782830,"gmtModify":1639501783147,"author":{"id":"3570619054429964","authorId":"3570619054429964","name":"evey77","avatar":"https://static.tigerbbs.com/8a042e238635d0f206ea5cc76045eb40","crmLevel":13,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3570619054429964","idStr":"3570619054429964"},"themes":[],"htmlText":"So much volatility in the market cos of all these noise","listText":"So much volatility in the market cos of all these noise","text":"So much volatility in the market cos of all these noise","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":4,"repostSize":0,"link":"https://laohu8.com/post/607128901","repostId":"1179453620","repostType":4,"repost":{"id":"1179453620","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":1639492308,"share":"https://www.laohu8.com/m/news/1179453620?lang=zh_CN&edition=full","pubTime":"2021-12-14 22:31","market":"us","language":"en","title":"U.S.Stocks open lower after PPI reading as investors await Fed<blockquote>PPI数据公布后美国股市低开，投资者等待美联储</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1179453620","media":"Tiger Newspress","summary":"U.S.Stocks open lower after PPI reading as investors await Fed,Nasdaq Composite down 1.2% at 15,229.","content":"<p>U.S.Stocks open lower after PPI reading as investors await Fed,Nasdaq Composite down 1.2% at 15,229.96,S&amp;P 500 down 0.7% at 4,635.65,Dow industrials down 98 points, or 0.3%.</p><p><blockquote>由于投资者等待美联储，PPI数据公布后，美国股市开盘走低，纳斯达克综合指数下跌1.2%，至15,229.96点，标普500指数下跌0.7%，至4,635.65点，道指下跌98点，即0.3%。</blockquote></p><p> Tesla&nbsp;shares were among the biggest early droppers on the S&amp;P 500, falling 2.1% premarket after CEO Elon Musk announced that that he has sold another $906.5 million in shares.</p><p><blockquote>特斯拉股价是标普500早期跌幅最大的股票之一，在首席执行官Elon Musk宣布他又出售了价值9.065亿美元的股票后，盘前下跌2.1%。</blockquote></p><p> Fellow automaker&nbsp;Ford&nbsp;also fell, down 1.7% following news that by 2030Toyotawould beinvesting $35 billion into battery-powered electronic vehicles, a space where Ford has sought to establish itself as a leader.</p><p><blockquote>同为汽车制造商的福特也下跌了1.7%，此前有消息称，到2030年，丰田将向电池驱动的电动汽车投资350亿美元，福特一直试图在这一领域确立自己的领导者地位。</blockquote></p><p> Pfizer&nbsp;shares rose nearly 1% after final results of tests on its Covid drug showed it reduced hospitalizations and deaths by 89% in high-risk patients.</p><p><blockquote>辉瑞股价上涨近1%，此前其Covid药物的最终测试结果显示，该药物将高危患者的住院和死亡人数减少了89%。</blockquote></p><p> Research from Goldman Sachs showed&nbsp;the S&amp;P 500 is powered by five stocks&nbsp;that have accounted for 51% of its return since the end of April. Microsoft, Google, Apple, Nvidia and Tesla account for more than one-third of the S&amp;P 500's 26% return this year, according to Goldman.</p><p><blockquote>高盛的研究显示，自4月底以来，五只股票占其回报率的51%。据高盛称，微软、谷歌、苹果、英伟达和特斯拉占标普500今年26%回报率的三分之一以上。</blockquote></p><p> Traders are awaiting a decision from the Fed on&nbsp;how quickly the central bank will tighten monetary policy&nbsp;amid a backdrop of fresh inflation numbers that reflected the fastest annual increase in nearly four decades. The Labor Department's Consumer Price Index (CPI) soared 6.8% in November compared to last year, according to figures published last week.</p><p><blockquote>交易员正在等待美联储就央行收紧货币政策的速度做出决定，因为新的通胀数据反映了近四十年来最快的年度增幅。根据上周公布的数据，美国劳工部11月份消费者价格指数(CPI)较去年飙升6.8%。</blockquote></p><p> The Federal Open Market Committee (FOMC) is scheduled to hold its two-day policy-setting meeting starting on Tuesday, followed by the release of the monetary policy statement and remarks from Federal Reserve Chair Jerome Powell Wednesday. An updated Summary of Economic Projections outlining individual members' outlooks for economic conditions and interest rates is set to accompany the statement.</p><p><blockquote>联邦公开市场委员会（FOMC）定于周二开始举行为期两天的政策制定会议，随后美联储主席杰罗姆·鲍威尔将于周三发布货币政策声明和讲话。该声明将附有最新的经济预测摘要，概述各个成员对经济状况和利率的展望。</blockquote></p><p> The Fed has been under pressure to control rising inflation levels, as investors watch for clues of a faster taper that could set the stage for earlier rate hikes.</p><p><blockquote>美联储一直面临着控制通胀水平上升的压力，投资者正在关注更快缩减规模的线索，这可能为提前加息奠定基础。</blockquote></p><p> “Because inflation expectations do appear to be adaptive, our view is that the longer inflation stays elevated, the greater the risk that consumers adjust their behaviors in a way that contributes to persistently elevated inflation” wrote PIMCO economist Tiffany Wilding in a&nbsp;recent note to clients.</p><p><blockquote>太平洋投资管理公司(PIMCO)经济学家蒂芙尼·威尔丁(Tiffany Wilding)在最近给客户的一份报告中写道：“由于通胀预期似乎确实具有适应性，我们的观点是，通胀保持在高位的时间越长，消费者调整行为从而导致通胀持续上升的风险就越大。”</blockquote></p><p> “We believe the Fed will want to manage this risk by shortening the time over which it winds down its purchases of U.S. Treasuries and agency mortgage-backed securities (MBS), aiming to end the program in March 2022, while also signaling a June rate hike is likely,” said Wilding.</p><p><blockquote>“我们认为，美联储希望通过缩短逐步减少购买美国国债和机构抵押贷款支持证券（MBS）的时间来管理这一风险，目标是在2022年3月结束该计划，同时也暗示6月份加息是可能的，”威尔丁说。</blockquote></p><p> PIMCO managing director and portfolio manager Sonali Pier also separately&nbsp;told Yahoo Finance Live&nbsp;that the firm expects to see two hikes in 2022, three hikes in 2023, and potentially four in 2024, with the Fed trying to bring the policy rate to neutral.</p><p><blockquote>PIMCO董事总经理兼投资组合经理Sonali Pier也分别告诉雅虎财经直播，该公司预计2022年加息两次，2023年加息三次，2024年可能加息四次，美联储试图将政策利率降至中性。</blockquote></p><p> “Amid proliferating signs of solid growth and a robust job market, various measures depict a deeply troubled economy,” wrote&nbsp;Oxford Economics senior economist Bob Schwartzin a new report. \"Households are downbeat, according to sentiment surveys, and the so-called 'misery index' that adds together inflation and unemployment hovers around recession levels.\"</p><p><blockquote>牛津经济研究院高级经济学家鲍勃·施瓦津（Bob Schwartzin）在一份新报告中写道：“在稳健增长和强劲就业市场的迹象不断增加的情况下，各种指标都描绘了深陷困境的经济。”“根据情绪调查，家庭情绪悲观，将通胀和失业率加在一起的所谓‘痛苦指数’徘徊在衰退水平附近。”</blockquote></p><p> Markets&nbsp;await a trove of fresh economic data this week. November retail sales, out on Wednesday, are expected to rise by 0.8%, according to Bloomberg consensus estimates. And November housing starts are forecasted to see a month-over-month increase of 3.3%.</p><p><blockquote>市场等待本周大量新的经济数据。根据彭博社的普遍预测，周三公布的11月份零售额预计将增长0.8%。预计11月份新屋开工量将环比增长3.3%。</blockquote></p><p> Meanwhile, Morgan Stanley projects the U.S. unemployment rate will drop to 3% in 2022.</p><p><blockquote>与此同时，摩根士丹利预计美国失业率将在2022年降至3%。</blockquote></p><p> \"It's stunning to see how much the rate has fallen in the last five months,” Morgan chief U.S. economist&nbsp;Michael Feroli told Yahoo Finance Live. “We expect that pace of decline to slow, but it doesn't take much to get below 4%, even with a tick up in the labor participation rate which has been depressed over the last year and a half.\"</p><p><blockquote>摩根首席美国经济学家迈克尔·费罗利(Michael Feroli)对雅虎财经直播表示：“过去五个月失业率下降幅度之大令人震惊。我们预计下降速度将会放缓，但即使过去一年半以来一直低迷的劳动参与率有所上升，也不需要太多时间就能降至4%以下。”</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>U.S.Stocks open lower after PPI reading as investors await Fed<blockquote>PPI数据公布后美国股市低开，投资者等待美联储</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\">\nU.S.Stocks open lower after PPI reading as investors await Fed<blockquote>PPI数据公布后美国股市低开，投资者等待美联储</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\">2021-12-14 22:31</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>U.S.Stocks open lower after PPI reading as investors await Fed,Nasdaq Composite down 1.2% at 15,229.96,S&amp;P 500 down 0.7% at 4,635.65,Dow industrials down 98 points, or 0.3%.</p><p><blockquote>由于投资者等待美联储，PPI数据公布后，美国股市开盘走低，纳斯达克综合指数下跌1.2%，至15,229.96点，标普500指数下跌0.7%，至4,635.65点，道指下跌98点，即0.3%。</blockquote></p><p> Tesla&nbsp;shares were among the biggest early droppers on the S&amp;P 500, falling 2.1% premarket after CEO Elon Musk announced that that he has sold another $906.5 million in shares.</p><p><blockquote>特斯拉股价是标普500早期跌幅最大的股票之一，在首席执行官Elon Musk宣布他又出售了价值9.065亿美元的股票后，盘前下跌2.1%。</blockquote></p><p> Fellow automaker&nbsp;Ford&nbsp;also fell, down 1.7% following news that by 2030Toyotawould beinvesting $35 billion into battery-powered electronic vehicles, a space where Ford has sought to establish itself as a leader.</p><p><blockquote>同为汽车制造商的福特也下跌了1.7%，此前有消息称，到2030年，丰田将向电池驱动的电动汽车投资350亿美元，福特一直试图在这一领域确立自己的领导者地位。</blockquote></p><p> Pfizer&nbsp;shares rose nearly 1% after final results of tests on its Covid drug showed it reduced hospitalizations and deaths by 89% in high-risk patients.</p><p><blockquote>辉瑞股价上涨近1%，此前其Covid药物的最终测试结果显示，该药物将高危患者的住院和死亡人数减少了89%。</blockquote></p><p> Research from Goldman Sachs showed&nbsp;the S&amp;P 500 is powered by five stocks&nbsp;that have accounted for 51% of its return since the end of April. Microsoft, Google, Apple, Nvidia and Tesla account for more than one-third of the S&amp;P 500's 26% return this year, according to Goldman.</p><p><blockquote>高盛的研究显示，自4月底以来，五只股票占其回报率的51%。据高盛称，微软、谷歌、苹果、英伟达和特斯拉占标普500今年26%回报率的三分之一以上。</blockquote></p><p> Traders are awaiting a decision from the Fed on&nbsp;how quickly the central bank will tighten monetary policy&nbsp;amid a backdrop of fresh inflation numbers that reflected the fastest annual increase in nearly four decades. The Labor Department's Consumer Price Index (CPI) soared 6.8% in November compared to last year, according to figures published last week.</p><p><blockquote>交易员正在等待美联储就央行收紧货币政策的速度做出决定，因为新的通胀数据反映了近四十年来最快的年度增幅。根据上周公布的数据，美国劳工部11月份消费者价格指数(CPI)较去年飙升6.8%。</blockquote></p><p> The Federal Open Market Committee (FOMC) is scheduled to hold its two-day policy-setting meeting starting on Tuesday, followed by the release of the monetary policy statement and remarks from Federal Reserve Chair Jerome Powell Wednesday. An updated Summary of Economic Projections outlining individual members' outlooks for economic conditions and interest rates is set to accompany the statement.</p><p><blockquote>联邦公开市场委员会（FOMC）定于周二开始举行为期两天的政策制定会议，随后美联储主席杰罗姆·鲍威尔将于周三发布货币政策声明和讲话。该声明将附有最新的经济预测摘要，概述各个成员对经济状况和利率的展望。</blockquote></p><p> The Fed has been under pressure to control rising inflation levels, as investors watch for clues of a faster taper that could set the stage for earlier rate hikes.</p><p><blockquote>美联储一直面临着控制通胀水平上升的压力，投资者正在关注更快缩减规模的线索，这可能为提前加息奠定基础。</blockquote></p><p> “Because inflation expectations do appear to be adaptive, our view is that the longer inflation stays elevated, the greater the risk that consumers adjust their behaviors in a way that contributes to persistently elevated inflation” wrote PIMCO economist Tiffany Wilding in a&nbsp;recent note to clients.</p><p><blockquote>太平洋投资管理公司(PIMCO)经济学家蒂芙尼·威尔丁(Tiffany Wilding)在最近给客户的一份报告中写道：“由于通胀预期似乎确实具有适应性，我们的观点是，通胀保持在高位的时间越长，消费者调整行为从而导致通胀持续上升的风险就越大。”</blockquote></p><p> “We believe the Fed will want to manage this risk by shortening the time over which it winds down its purchases of U.S. Treasuries and agency mortgage-backed securities (MBS), aiming to end the program in March 2022, while also signaling a June rate hike is likely,” said Wilding.</p><p><blockquote>“我们认为，美联储希望通过缩短逐步减少购买美国国债和机构抵押贷款支持证券（MBS）的时间来管理这一风险，目标是在2022年3月结束该计划，同时也暗示6月份加息是可能的，”威尔丁说。</blockquote></p><p> PIMCO managing director and portfolio manager Sonali Pier also separately&nbsp;told Yahoo Finance Live&nbsp;that the firm expects to see two hikes in 2022, three hikes in 2023, and potentially four in 2024, with the Fed trying to bring the policy rate to neutral.</p><p><blockquote>PIMCO董事总经理兼投资组合经理Sonali Pier也分别告诉雅虎财经直播，该公司预计2022年加息两次，2023年加息三次，2024年可能加息四次，美联储试图将政策利率降至中性。</blockquote></p><p> “Amid proliferating signs of solid growth and a robust job market, various measures depict a deeply troubled economy,” wrote&nbsp;Oxford Economics senior economist Bob Schwartzin a new report. \"Households are downbeat, according to sentiment surveys, and the so-called 'misery index' that adds together inflation and unemployment hovers around recession levels.\"</p><p><blockquote>牛津经济研究院高级经济学家鲍勃·施瓦津（Bob Schwartzin）在一份新报告中写道：“在稳健增长和强劲就业市场的迹象不断增加的情况下，各种指标都描绘了深陷困境的经济。”“根据情绪调查，家庭情绪悲观，将通胀和失业率加在一起的所谓‘痛苦指数’徘徊在衰退水平附近。”</blockquote></p><p> Markets&nbsp;await a trove of fresh economic data this week. November retail sales, out on Wednesday, are expected to rise by 0.8%, according to Bloomberg consensus estimates. And November housing starts are forecasted to see a month-over-month increase of 3.3%.</p><p><blockquote>市场等待本周大量新的经济数据。根据彭博社的普遍预测，周三公布的11月份零售额预计将增长0.8%。预计11月份新屋开工量将环比增长3.3%。</blockquote></p><p> Meanwhile, Morgan Stanley projects the U.S. unemployment rate will drop to 3% in 2022.</p><p><blockquote>与此同时，摩根士丹利预计美国失业率将在2022年降至3%。</blockquote></p><p> \"It's stunning to see how much the rate has fallen in the last five months,” Morgan chief U.S. economist&nbsp;Michael Feroli told Yahoo Finance Live. “We expect that pace of decline to slow, but it doesn't take much to get below 4%, even with a tick up in the labor participation rate which has been depressed over the last year and a half.\"</p><p><blockquote>摩根首席美国经济学家迈克尔·费罗利(Michael Feroli)对雅虎财经直播表示：“过去五个月失业率下降幅度之大令人震惊。我们预计下降速度将会放缓，但即使过去一年半以来一直低迷的劳动参与率有所上升，也不需要太多时间就能降至4%以下。”</blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯",".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1179453620","content_text":"U.S.Stocks open lower after PPI reading as investors await Fed,Nasdaq Composite down 1.2% at 15,229.96,S&P 500 down 0.7% at 4,635.65,Dow industrials down 98 points, or 0.3%.\nTesla shares were among the biggest early droppers on the S&P 500, falling 2.1% premarket after CEO Elon Musk announced that that he has sold another $906.5 million in shares.\nFellow automaker Ford also fell, down 1.7% following news that by 2030Toyotawould beinvesting $35 billion into battery-powered electronic vehicles, a space where Ford has sought to establish itself as a leader.\nPfizer shares rose nearly 1% after final results of tests on its Covid drug showed it reduced hospitalizations and deaths by 89% in high-risk patients.\nResearch from Goldman Sachs showed the S&P 500 is powered by five stocks that have accounted for 51% of its return since the end of April. Microsoft, Google, Apple, Nvidia and Tesla account for more than one-third of the S&P 500's 26% return this year, according to Goldman.\nTraders are awaiting a decision from the Fed on how quickly the central bank will tighten monetary policy amid a backdrop of fresh inflation numbers that reflected the fastest annual increase in nearly four decades. The Labor Department's Consumer Price Index (CPI) soared 6.8% in November compared to last year, according to figures published last week.\nThe Federal Open Market Committee (FOMC) is scheduled to hold its two-day policy-setting meeting starting on Tuesday, followed by the release of the monetary policy statement and remarks from Federal Reserve Chair Jerome Powell Wednesday. An updated Summary of Economic Projections outlining individual members' outlooks for economic conditions and interest rates is set to accompany the statement.\nThe Fed has been under pressure to control rising inflation levels, as investors watch for clues of a faster taper that could set the stage for earlier rate hikes.\n“Because inflation expectations do appear to be adaptive, our view is that the longer inflation stays elevated, the greater the risk that consumers adjust their behaviors in a way that contributes to persistently elevated inflation” wrote PIMCO economist Tiffany Wilding in a recent note to clients.\n“We believe the Fed will want to manage this risk by shortening the time over which it winds down its purchases of U.S. Treasuries and agency mortgage-backed securities (MBS), aiming to end the program in March 2022, while also signaling a June rate hike is likely,” said Wilding.\nPIMCO managing director and portfolio manager Sonali Pier also separately told Yahoo Finance Live that the firm expects to see two hikes in 2022, three hikes in 2023, and potentially four in 2024, with the Fed trying to bring the policy rate to neutral.\n“Amid proliferating signs of solid growth and a robust job market, various measures depict a deeply troubled economy,” wrote Oxford Economics senior economist Bob Schwartzin a new report. \"Households are downbeat, according to sentiment surveys, and the so-called 'misery index' that adds together inflation and unemployment hovers around recession levels.\"\nMarkets await a trove of fresh economic data this week. November retail sales, out on Wednesday, are expected to rise by 0.8%, according to Bloomberg consensus estimates. And November housing starts are forecasted to see a month-over-month increase of 3.3%.\nMeanwhile, Morgan Stanley projects the U.S. unemployment rate will drop to 3% in 2022.\n\"It's stunning to see how much the rate has fallen in the last five months,” Morgan chief U.S. economist Michael Feroli told Yahoo Finance Live. “We expect that pace of decline to slow, but it doesn't take much to get below 4%, even with a tick up in the labor participation rate which has been depressed over the last year and a half.\"","news_type":1,"symbols_score_info":{".IXIC":0.9,".DJI":0.9,".SPX":0.9}},"isVote":1,"tweetType":1,"viewCount":3585,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":605597567,"gmtCreate":1639187968814,"gmtModify":1639187970624,"author":{"id":"3570619054429964","authorId":"3570619054429964","name":"evey77","avatar":"https://static.tigerbbs.com/8a042e238635d0f206ea5cc76045eb40","crmLevel":13,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3570619054429964","idStr":"3570619054429964"},"themes":[],"htmlText":"Waiting to buy at lower prices [Cool]&nbsp;","listText":"Waiting to buy at lower prices [Cool]&nbsp;","text":"Waiting to buy at lower prices [Cool]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/605597567","repostId":"1133027099","repostType":4,"repost":{"id":"1133027099","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":1639152670,"share":"https://www.laohu8.com/m/news/1133027099?lang=zh_CN&edition=full","pubTime":"2021-12-11 00:11","market":"us","language":"en","title":"Sea Ltd stock dropped more than 5% in morning trading<blockquote>Sea Ltd股价早盘下跌超过5%</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1133027099","media":"Tiger Newspress","summary":"Sea Ltd stock dropped more than 5% in morning trading.","content":"<p>Sea Ltd stock dropped more than 5% in morning trading.</p><p><blockquote>Sea Ltd股价早盘下跌超过5%。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/f6295277426435ac2c7135ba73dfbdef\" tg-width=\"840\" tg-height=\"470\" width=\"100%\" height=\"auto\"></p><p><blockquote></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>Sea Ltd stock dropped more than 5% in morning trading<blockquote>Sea Ltd股价早盘下跌超过5%</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; 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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\">\nSea Ltd stock dropped more than 5% in morning trading<blockquote>Sea Ltd股价早盘下跌超过5%</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\">2021-12-11 00:11</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>Sea Ltd stock dropped more than 5% in morning trading.</p><p><blockquote>Sea Ltd股价早盘下跌超过5%。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/f6295277426435ac2c7135ba73dfbdef\" tg-width=\"840\" tg-height=\"470\" width=\"100%\" height=\"auto\"></p><p><blockquote></blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SE":"Sea Ltd"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1133027099","content_text":"Sea Ltd stock dropped more than 5% in morning trading.","news_type":1,"symbols_score_info":{"SE":0.9}},"isVote":1,"tweetType":1,"viewCount":4331,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":186683761,"gmtCreate":1623492146953,"gmtModify":1631893398288,"author":{"id":"3570619054429964","authorId":"3570619054429964","name":"evey77","avatar":"https://static.tigerbbs.com/8a042e238635d0f206ea5cc76045eb40","crmLevel":13,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3570619054429964","idStr":"3570619054429964"},"themes":[],"htmlText":"Agree, hard to time the market.&nbsp;","listText":"Agree, hard to time the market.&nbsp;","text":"Agree, hard to time the market.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":4,"repostSize":0,"link":"https://laohu8.com/post/186683761","repostId":"1118102755","repostType":4,"repost":{"id":"1118102755","kind":"news","pubTimestamp":1623469189,"share":"https://www.laohu8.com/m/news/1118102755?lang=zh_CN&edition=full","pubTime":"2021-06-12 11:39","market":"us","language":"en","title":"Don’t be fooled — inflation is a big risk for stock market investors. Here’s how to prepare<blockquote>不要被愚弄了——通货膨胀对股市投资者来说是一个很大的风险。以下是如何准备</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1118102755","media":"MarketWatch","summary":"Michael Brush advises on how you can avoid making mistakes as bond yields rise and the central bank ","content":"<p>  <b>Michael Brush advises on how you can avoid making mistakes as bond yields rise and the central bank reduces its stimulus.</b>  Don’t be fooled by the placid response to the highest inflation rate in over a decade. Inflation will remain elevated enough to shake up the stock market, possibly causing a selloff as much as 15%. You need to prepare now.</p><p><blockquote><b>迈克尔·布拉什(Michael Brush)就如何在债券收益率上升和央行减少刺激措施时避免犯错误提出了建议。</b>不要被对十多年来最高通胀率的平静反应所迷惑。通胀将保持在足以撼动股市的高位，可能导致高达15%的抛售。你现在需要准备。</blockquote></p><p> The reason: Persistently high inflation will move the 10-year Treasury yield to 2% and get the Federal Reserve to start tapering its stimulus by the end of the year. Both will rattle the stock market.</p><p><blockquote>原因是：持续的高通胀将使10年期国债收益率升至2%，并让美联储在年底前开始缩减刺激措施。两者都会扰乱股市。</blockquote></p><p> The government said June 10 that the cost of living surged in May and drove the pace of inflation to a 13-year high of 5%.</p><p><blockquote>政府6月10日表示，5月份生活成本飙升，推动通胀率升至5%的13年高点。</blockquote></p><p> What should you do? Probably the opposite of what you are thinking. Before we get to that, here is a look at the two key events for stocks — in the bond market and at the Fed — between today and the end of the year.</p><p><blockquote>你该怎么办？可能和你想的正好相反。在我们讨论这个问题之前，我们先来看看从今天到年底之间股市的两个关键事件——债券市场和美联储。</blockquote></p><p> <b>Rising yields</b></p><p><blockquote><b>收益率上升</b></blockquote></p><p> Remember how the stock market freaked out earlier this year when the 10-year Treasury yield TMUBMUSD10Y,1.452%&nbsp;moved up to around 1.7%? Well, expect a repeat. Only worse.</p><p><blockquote>还记得今年早些时候，当10年期国债收益率TMUBMUSD10Y, 1.452%升至1.7%左右时，股市是如何恐慌的吗？好吧，期待重演。只会更糟。</blockquote></p><p> “We suspect that inflation in the U.S. will prove more persistent than investors currently appear to anticipate,” says Capital Economics economist Franziska Palmas, citing the tight labor market and wage growth. Her research group puts the 10-year yield at 2.25% by the end of this year, and 2.5% by the end of 2022.</p><p><blockquote>凯投宏观(Capital Economics)经济学家弗兰齐斯卡·帕尔马斯(Franziska Palmas)以劳动力市场紧张和工资增长为由表示：“我们怀疑美国的通胀将比投资者目前预期的更加持久。”她的研究小组预计今年年底10年期国债收益率为2.25%，2022年底为2.5%。</blockquote></p><p> That’ll be a big move from the current level of 1.5%. Stock investors tend to panic when interest rates rise a lot.</p><p><blockquote>与目前1.5%的水平相比，这将是一个很大的变化。当利率大幅上升时，股票投资者往往会感到恐慌。</blockquote></p><p> <b>Fed tapering</b></p><p><blockquote><b>美联储缩减规模</b></blockquote></p><p> Fed Chairman Jerome Powell has downplayed the need for tapering the central bank’s bond purchases to keep yields low. But half of the 12 members of the Federal Open Market Committee&nbsp;(FOMC) have recently said they’re ready to start talking about tapering. The FOMC is the Fed branch that sets monetary policy.</p><p><blockquote>美联储主席鲍威尔淡化了央行缩减购债规模以保持低收益率的必要性。但联邦公开市场委员会（FOMC）12名成员中有一半最近表示，他们准备开始讨论缩减规模。FOMC是美联储制定货币政策的分支机构。</blockquote></p><p> “It will be increasingly hard for Powell to claim the economy needs to make ‘substantial further progress’ toward achieving maximum employment before the Fed starts talking about talking about tapering,” says Ed Yardeni, author of Predicting the Markets and head of Yardeni Research. Powell has repeatedly said the Fed is awaiting “substantial further progress” in the economy before terminating its stimulus.</p><p><blockquote>《预测市场》一书的作者兼亚德尼研究主管埃德·亚德尼(Ed Yardeni)表示：“在美联储开始谈论缩减规模之前，鲍威尔越来越难以声称经济需要在实现最大就业方面取得‘实质性的进一步进展’。”鲍威尔多次表示，美联储正在等待经济取得“实质性的进一步进展”，然后再终止刺激措施。</blockquote></p><p> “Given the performance of the economy, it is reasonable to expect they will start to taper before end of year, and a few months later they will start to raise the federal funds rate,” predicts Yardeni.</p><p><blockquote>亚德尼预测：“鉴于经济表现，有理由预计他们将在年底前开始缩减规模，几个月后他们将开始提高联邦基金利率。”</blockquote></p><p> He thinks the Fed will announce a decision to start tapering in its July meeting. Tapering refers to a reduction in bond purchases by the Fed. This tightens the money supply to put the brakes on growth. Once purchases go to zero, the Fed moves on to cutting rates.</p><p><blockquote>他认为美联储将在7月会议上宣布开始缩减规模的决定。Tapering是指美联储缩减购债规模。这收紧了货币供应，抑制了经济增长。一旦购买量降至零，美联储就会继续降息。</blockquote></p><p> As we know, tapering causes a “taper tantrum” in the stock market, meaning a sharp selloff in indices like the S&amp;P 500 SPX,+0.19%,&nbsp;the Dow Jones Industrial Average DJIA,+0.04%&nbsp;and Nasdaq COMP,+0.35%.</p><p><blockquote>众所周知，缩减规模会导致股市出现“缩减恐慌”，这意味着标普500 SPX指数+0.19%、道琼斯工业平均指数道琼斯指数+0.04%和纳斯达克综合指数+0.35%等指数大幅抛售。</blockquote></p><p> <b>How to prepare</b></p><p><blockquote><b>如何准备</b></blockquote></p><p> When considering how to position for the probable selloff caused by rising bond yields and Fed tightening, the key things to remember is why these things are happening in the first place, and what history tells us about how stocks behave.</p><p><blockquote>在考虑如何为债券收益率上升和美联储紧缩政策可能引发的抛售做好准备时，要记住的关键事情是为什么会发生这些事情，以及历史告诉我们股票的表现。</blockquote></p><p> The consensus view is that tapering and rising bond yields kill off economic growth and the bull market in stocks. But this isn’t actually true.</p><p><blockquote>人们普遍认为，缩减购债规模和债券收益率上升会扼杀经济增长和股市牛市。但这实际上不是真的。</blockquote></p><p> Yes, initially, tightening can make stocks fall — or churn sideways, at best. But then stocks shake it off and move higher as the bull market continues. This makes sense, because the tightening is happening for good reasons that help companies — strong economic growth. This pushes earnings a lot higher, which resets valuations lower — back down to levels investors feel comfortable with.</p><p><blockquote>是的，最初，紧缩可能会导致股市下跌——或者充其量是横盘震荡。但随着牛市的持续，股市摆脱了这一局面并走高。这是有道理的，因为紧缩的发生是有帮助企业的充分理由的——强劲的经济增长。这大幅推高了盈利，从而将估值重置为较低——回落到投资者感到满意的水平。</blockquote></p><p> “Tapering is part and parcel of a recovery,” says Leuthold market strategist Jim Paulsen. “It is a response to successful policy and a rebound in the economy. It is a natural part of the bull market that allows the market to go higher. It’s a healthy development.”</p><p><blockquote>Leuthold市场策略师吉姆·保尔森(Jim Paulsen)表示：“缩减规模是复苏的重要组成部分。”“这是对成功政策和经济反弹的回应。这是牛市的自然组成部分，允许市场走高。这是一种健康的发展。”</blockquote></p><p> Looking through all the market fireworks that may lie ahead, Paulsen thinks underlying economic growth will push S&amp;P 500 earnings up to $220 by the end of the year. Assuming the S&amp;P 500 is at current levels or a little bit lower, that would bring the index’s price-to-earnings (P/E) ratio down to 18-19 — which is near or below the average since 1990. “That sets up the next leg of the bull market,” he says.</p><p><blockquote>纵观未来可能出现的所有市场亮点，保尔森认为潜在的经济增长将推动标普500的盈利在年底前达到220美元。假设标普500处于当前水平或略低，这将使该指数的市盈率(P/E)降至18-19——接近或低于1990年以来的平均水平。“这为牛市的下一阶段奠定了基础，”他说。</blockquote></p><p> <b>Your five-point game plan</b></p><p><blockquote><b>你的五点游戏计划</b></blockquote></p><p> <b>1. Do not go to “defensives”</b></p><p><blockquote><b>1.不要去“防御性”</b></blockquote></p><p></p><p> When people see stock market turbulence, the knee-jerk reaction is to go for the “stability” of defensive names like utilities and consumer staples. But that would be a mistake. You want to go to defensives when the economy is slowing or contracting, not when it is strong. Another problem is that defensive names pay yield. So, like bonds, they get hit by rising interest rates, which devalue dividends — and dividend-paying stocks and bonds.</p><p><blockquote>当人们看到股市动荡时，下意识的反应是追求公用事业和必需消费品等防御性股票的“稳定性”。但那将是一个错误。当经济放缓或收缩时，你想采取防御措施，而不是当经济强劲时。另一个问题是防御性名称需要支付收益。因此，与债券一样，它们也会受到利率上升的打击，利率上升会使股息以及支付股息的股票和债券贬值。</blockquote></p><p> “The best way to protect yourself is to tie your portfolio to the overheated economy. That is where the best profit growth and profit leverage is,” says Paulsen. “You do not get that with defensives.”</p><p><blockquote>“保护自己的最佳方式是将您的投资组合与过热的经济挂钩。这是最佳利润增长和利润杠杆的地方，”保尔森说。“防御性药物是不会有这种感觉的。”</blockquote></p><p> <b>2. Go with companies that benefit from growth</b></p><p><blockquote><b>2.与受益于增长的公司同行</b></blockquote></p><p> Since rapid economic growth is causing the tapering — and the growth is usually not killed off by tightening — stocks linked to growth typically are the best place to be. This means cyclicals like industrials, basic materials consumer names, small-caps and international stocks. “Slower growth consumer staples and utilities won’t keep up with growth areas of the market,” says Paulsen.</p><p><blockquote>由于快速的经济增长正在导致缩减规模——而且增长通常不会被紧缩扼杀——与增长相关的股票通常是最好的选择。这意味着周期性股票，如工业股、基础材料消费股、小盘股和国际股票。保尔森表示：“消费必需品和公用事业增长放缓将无法跟上市场增长领域的步伐。”</blockquote></p><p> I first suggested Lindblad Expeditions LIND,+0.17%&nbsp;and Cardlytics CDLX,+4.54%&nbsp;and in my stock letter, Brush Up on Stocks (the link to my site is in the bio, below) in September 2020 and November 2019. I still like and own both even though they are up 48% and 157% — or two to four times the S&amp;P 500. Recent insider buying confirms they are buys and holds around current levels. Plus, both are cyclical names. Cardlytics helps credit card companies understand customer buying patterns for marketing purposes. Lindblad offers specialized cruise adventures to exotic locales. Both benefit from economic growth that powers more consumer spending.</p><p><blockquote>我首先建议Lindblad Expeditions LIND，+0.17%和Cardlytics CDLX，+4.54%，并在我的股票信中，在2020年9月和2019年11月重温股票（我网站的链接在下面的简历中）。尽管它们的股价分别上涨了48%和157%，即标普500的两到四倍，但我仍然喜欢并拥有这两家公司。最近的内部买入证实了他们在当前水平附近买入并持有。另外，两者都是循环名称。Cardlytics帮助信用卡公司出于营销目的了解客户购买模式。Lindblad提供专门的异国情调的邮轮冒险。两者都受益于推动更多消费者支出的经济增长。</blockquote></p><p> <b>3. Do not get out of stocks</b></p><p><blockquote><b>3、不脱销库存</b></blockquote></p><p> If you think a selloff is coming, it might be tempting to try to get out of stocks right before that, to buy back after the weakness happens. But this is a lot harder than you think. In fact, it is almost impossible to get the timing right, say market veterans.</p><p><blockquote>如果您认为抛售即将到来，那么在此之前尝试卖出股票，并在疲软发生后回购股票可能很诱人。但这比你想象的要困难得多。市场资深人士表示，事实上，几乎不可能把握好时机。</blockquote></p><p> “You have to make two smart decisions,” says Yardeni. “You have to get out just before the correction and then you have to decide when to get back in. I don’t know of too many people that can do that consistently.”</p><p><blockquote>“你必须做出两个明智的决定，”亚德尼说。“你必须在修正之前退出，然后你必须决定何时重新加入。我不知道有多少人能始终如一地做到这一点。”</blockquote></p><p> Market timers often get out and don’t get back in, and they miss the next leg up. “You can get yourself into trouble trying to avoid the correction,” says Paulsen.</p><p><blockquote>市场计时器通常会退出，不会再回来，他们会错过下一轮上涨。“试图避免调整可能会给自己带来麻烦，”保尔森说。</blockquote></p><p> <b>4. Do not own bonds</b></p><p><blockquote><b>4.不持有债券</b></blockquote></p><p> Bond yields will be 2% or higher by the end of year. So don’t own bonds, whose prices fall when yields rise — unless you simply plan to hold to maturity to collect the income.</p><p><blockquote>到年底，债券收益率将达到2%或更高。因此，不要持有债券，当收益率上升时，债券的价格就会下跌——除非您只是计划持有至到期以收取收入。</blockquote></p><p> <b>5. Go with financials</b></p><p><blockquote><b>5.选择财务</b></blockquote></p><p> Strong economies typically make the yield curve more upward sloping, meaning that long-term interest rates on 10-year Treasuries rise a lot faster than short-term interest rates. Since banks borrow at the short end and lend at the long end, steepening yield curves help them.</p><p><blockquote>强劲的经济体通常会使收益率曲线更加向上倾斜，这意味着10年期国债的长期利率上升速度远快于短期利率。由于银行在短端借款，在长端放贷，陡峭的收益率曲线对它们有帮助。</blockquote></p><p> The strong economy will also help banks release reserves and lower provisions for loan losses, both of which can boost earnings, points out Yardeni. Both JPMorgan Chase JPM,-0.07%&nbsp;and Bank of America BAC,+0.41%&nbsp;are up over twice as much as the S&amp;P 500 since I suggested them in my stock letter last August. But they still look attractive. Recent pattern buying by smart insiders among smaller banks confirms the sector is still one to own, despite the strength over the past few quarters.</p><p><blockquote>亚德尼指出，强劲的经济还将帮助银行释放准备金并降低贷款损失准备金，这两者都可以提高收益。自从我去年8月在股票信中提出建议以来，摩根大通JPM(-0.07%)和美国银行BAC(+0.41%)的涨幅都是标普500的两倍多。但它们看起来仍然很有吸引力。小型银行中聪明的内部人士最近的买入模式证实，尽管过去几个季度表现强劲，但该行业仍然值得持有。</blockquote></p><p></p>","source":"lsy1603348471595","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>Don’t be fooled — inflation is a big risk for stock market investors. Here’s how to prepare<blockquote>不要被愚弄了——通货膨胀对股市投资者来说是一个很大的风险。以下是如何准备</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\">\nDon’t be fooled — inflation is a big risk for stock market investors. Here’s how to prepare<blockquote>不要被愚弄了——通货膨胀对股市投资者来说是一个很大的风险。以下是如何准备</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">MarketWatch</strong><span class=\"h-time small\">2021-06-12 11:39</span>\n</p>\n</h4>\n</header>\n<article>\n<p>  <b>Michael Brush advises on how you can avoid making mistakes as bond yields rise and the central bank reduces its stimulus.</b>  Don’t be fooled by the placid response to the highest inflation rate in over a decade. Inflation will remain elevated enough to shake up the stock market, possibly causing a selloff as much as 15%. You need to prepare now.</p><p><blockquote><b>迈克尔·布拉什(Michael Brush)就如何在债券收益率上升和央行减少刺激措施时避免犯错误提出了建议。</b>不要被对十多年来最高通胀率的平静反应所迷惑。通胀将保持在足以撼动股市的高位，可能导致高达15%的抛售。你现在需要准备。</blockquote></p><p> The reason: Persistently high inflation will move the 10-year Treasury yield to 2% and get the Federal Reserve to start tapering its stimulus by the end of the year. Both will rattle the stock market.</p><p><blockquote>原因是：持续的高通胀将使10年期国债收益率升至2%，并让美联储在年底前开始缩减刺激措施。两者都会扰乱股市。</blockquote></p><p> The government said June 10 that the cost of living surged in May and drove the pace of inflation to a 13-year high of 5%.</p><p><blockquote>政府6月10日表示，5月份生活成本飙升，推动通胀率升至5%的13年高点。</blockquote></p><p> What should you do? Probably the opposite of what you are thinking. Before we get to that, here is a look at the two key events for stocks — in the bond market and at the Fed — between today and the end of the year.</p><p><blockquote>你该怎么办？可能和你想的正好相反。在我们讨论这个问题之前，我们先来看看从今天到年底之间股市的两个关键事件——债券市场和美联储。</blockquote></p><p> <b>Rising yields</b></p><p><blockquote><b>收益率上升</b></blockquote></p><p> Remember how the stock market freaked out earlier this year when the 10-year Treasury yield TMUBMUSD10Y,1.452%&nbsp;moved up to around 1.7%? Well, expect a repeat. Only worse.</p><p><blockquote>还记得今年早些时候，当10年期国债收益率TMUBMUSD10Y, 1.452%升至1.7%左右时，股市是如何恐慌的吗？好吧，期待重演。只会更糟。</blockquote></p><p> “We suspect that inflation in the U.S. will prove more persistent than investors currently appear to anticipate,” says Capital Economics economist Franziska Palmas, citing the tight labor market and wage growth. Her research group puts the 10-year yield at 2.25% by the end of this year, and 2.5% by the end of 2022.</p><p><blockquote>凯投宏观(Capital Economics)经济学家弗兰齐斯卡·帕尔马斯(Franziska Palmas)以劳动力市场紧张和工资增长为由表示：“我们怀疑美国的通胀将比投资者目前预期的更加持久。”她的研究小组预计今年年底10年期国债收益率为2.25%，2022年底为2.5%。</blockquote></p><p> That’ll be a big move from the current level of 1.5%. Stock investors tend to panic when interest rates rise a lot.</p><p><blockquote>与目前1.5%的水平相比，这将是一个很大的变化。当利率大幅上升时，股票投资者往往会感到恐慌。</blockquote></p><p> <b>Fed tapering</b></p><p><blockquote><b>美联储缩减规模</b></blockquote></p><p> Fed Chairman Jerome Powell has downplayed the need for tapering the central bank’s bond purchases to keep yields low. But half of the 12 members of the Federal Open Market Committee&nbsp;(FOMC) have recently said they’re ready to start talking about tapering. The FOMC is the Fed branch that sets monetary policy.</p><p><blockquote>美联储主席鲍威尔淡化了央行缩减购债规模以保持低收益率的必要性。但联邦公开市场委员会（FOMC）12名成员中有一半最近表示，他们准备开始讨论缩减规模。FOMC是美联储制定货币政策的分支机构。</blockquote></p><p> “It will be increasingly hard for Powell to claim the economy needs to make ‘substantial further progress’ toward achieving maximum employment before the Fed starts talking about talking about tapering,” says Ed Yardeni, author of Predicting the Markets and head of Yardeni Research. Powell has repeatedly said the Fed is awaiting “substantial further progress” in the economy before terminating its stimulus.</p><p><blockquote>《预测市场》一书的作者兼亚德尼研究主管埃德·亚德尼(Ed Yardeni)表示：“在美联储开始谈论缩减规模之前，鲍威尔越来越难以声称经济需要在实现最大就业方面取得‘实质性的进一步进展’。”鲍威尔多次表示，美联储正在等待经济取得“实质性的进一步进展”，然后再终止刺激措施。</blockquote></p><p> “Given the performance of the economy, it is reasonable to expect they will start to taper before end of year, and a few months later they will start to raise the federal funds rate,” predicts Yardeni.</p><p><blockquote>亚德尼预测：“鉴于经济表现，有理由预计他们将在年底前开始缩减规模，几个月后他们将开始提高联邦基金利率。”</blockquote></p><p> He thinks the Fed will announce a decision to start tapering in its July meeting. Tapering refers to a reduction in bond purchases by the Fed. This tightens the money supply to put the brakes on growth. Once purchases go to zero, the Fed moves on to cutting rates.</p><p><blockquote>他认为美联储将在7月会议上宣布开始缩减规模的决定。Tapering是指美联储缩减购债规模。这收紧了货币供应，抑制了经济增长。一旦购买量降至零，美联储就会继续降息。</blockquote></p><p> As we know, tapering causes a “taper tantrum” in the stock market, meaning a sharp selloff in indices like the S&amp;P 500 SPX,+0.19%,&nbsp;the Dow Jones Industrial Average DJIA,+0.04%&nbsp;and Nasdaq COMP,+0.35%.</p><p><blockquote>众所周知，缩减规模会导致股市出现“缩减恐慌”，这意味着标普500 SPX指数+0.19%、道琼斯工业平均指数道琼斯指数+0.04%和纳斯达克综合指数+0.35%等指数大幅抛售。</blockquote></p><p> <b>How to prepare</b></p><p><blockquote><b>如何准备</b></blockquote></p><p> When considering how to position for the probable selloff caused by rising bond yields and Fed tightening, the key things to remember is why these things are happening in the first place, and what history tells us about how stocks behave.</p><p><blockquote>在考虑如何为债券收益率上升和美联储紧缩政策可能引发的抛售做好准备时，要记住的关键事情是为什么会发生这些事情，以及历史告诉我们股票的表现。</blockquote></p><p> The consensus view is that tapering and rising bond yields kill off economic growth and the bull market in stocks. But this isn’t actually true.</p><p><blockquote>人们普遍认为，缩减购债规模和债券收益率上升会扼杀经济增长和股市牛市。但这实际上不是真的。</blockquote></p><p> Yes, initially, tightening can make stocks fall — or churn sideways, at best. But then stocks shake it off and move higher as the bull market continues. This makes sense, because the tightening is happening for good reasons that help companies — strong economic growth. This pushes earnings a lot higher, which resets valuations lower — back down to levels investors feel comfortable with.</p><p><blockquote>是的，最初，紧缩可能会导致股市下跌——或者充其量是横盘震荡。但随着牛市的持续，股市摆脱了这一局面并走高。这是有道理的，因为紧缩的发生是有帮助企业的充分理由的——强劲的经济增长。这大幅推高了盈利，从而将估值重置为较低——回落到投资者感到满意的水平。</blockquote></p><p> “Tapering is part and parcel of a recovery,” says Leuthold market strategist Jim Paulsen. “It is a response to successful policy and a rebound in the economy. It is a natural part of the bull market that allows the market to go higher. It’s a healthy development.”</p><p><blockquote>Leuthold市场策略师吉姆·保尔森(Jim Paulsen)表示：“缩减规模是复苏的重要组成部分。”“这是对成功政策和经济反弹的回应。这是牛市的自然组成部分，允许市场走高。这是一种健康的发展。”</blockquote></p><p> Looking through all the market fireworks that may lie ahead, Paulsen thinks underlying economic growth will push S&amp;P 500 earnings up to $220 by the end of the year. Assuming the S&amp;P 500 is at current levels or a little bit lower, that would bring the index’s price-to-earnings (P/E) ratio down to 18-19 — which is near or below the average since 1990. “That sets up the next leg of the bull market,” he says.</p><p><blockquote>纵观未来可能出现的所有市场亮点，保尔森认为潜在的经济增长将推动标普500的盈利在年底前达到220美元。假设标普500处于当前水平或略低，这将使该指数的市盈率(P/E)降至18-19——接近或低于1990年以来的平均水平。“这为牛市的下一阶段奠定了基础，”他说。</blockquote></p><p> <b>Your five-point game plan</b></p><p><blockquote><b>你的五点游戏计划</b></blockquote></p><p> <b>1. Do not go to “defensives”</b></p><p><blockquote><b>1.不要去“防御性”</b></blockquote></p><p></p><p> When people see stock market turbulence, the knee-jerk reaction is to go for the “stability” of defensive names like utilities and consumer staples. But that would be a mistake. You want to go to defensives when the economy is slowing or contracting, not when it is strong. Another problem is that defensive names pay yield. So, like bonds, they get hit by rising interest rates, which devalue dividends — and dividend-paying stocks and bonds.</p><p><blockquote>当人们看到股市动荡时，下意识的反应是追求公用事业和必需消费品等防御性股票的“稳定性”。但那将是一个错误。当经济放缓或收缩时，你想采取防御措施，而不是当经济强劲时。另一个问题是防御性名称需要支付收益。因此，与债券一样，它们也会受到利率上升的打击，利率上升会使股息以及支付股息的股票和债券贬值。</blockquote></p><p> “The best way to protect yourself is to tie your portfolio to the overheated economy. That is where the best profit growth and profit leverage is,” says Paulsen. “You do not get that with defensives.”</p><p><blockquote>“保护自己的最佳方式是将您的投资组合与过热的经济挂钩。这是最佳利润增长和利润杠杆的地方，”保尔森说。“防御性药物是不会有这种感觉的。”</blockquote></p><p> <b>2. Go with companies that benefit from growth</b></p><p><blockquote><b>2.与受益于增长的公司同行</b></blockquote></p><p> Since rapid economic growth is causing the tapering — and the growth is usually not killed off by tightening — stocks linked to growth typically are the best place to be. This means cyclicals like industrials, basic materials consumer names, small-caps and international stocks. “Slower growth consumer staples and utilities won’t keep up with growth areas of the market,” says Paulsen.</p><p><blockquote>由于快速的经济增长正在导致缩减规模——而且增长通常不会被紧缩扼杀——与增长相关的股票通常是最好的选择。这意味着周期性股票，如工业股、基础材料消费股、小盘股和国际股票。保尔森表示：“消费必需品和公用事业增长放缓将无法跟上市场增长领域的步伐。”</blockquote></p><p> I first suggested Lindblad Expeditions LIND,+0.17%&nbsp;and Cardlytics CDLX,+4.54%&nbsp;and in my stock letter, Brush Up on Stocks (the link to my site is in the bio, below) in September 2020 and November 2019. I still like and own both even though they are up 48% and 157% — or two to four times the S&amp;P 500. Recent insider buying confirms they are buys and holds around current levels. Plus, both are cyclical names. Cardlytics helps credit card companies understand customer buying patterns for marketing purposes. Lindblad offers specialized cruise adventures to exotic locales. Both benefit from economic growth that powers more consumer spending.</p><p><blockquote>我首先建议Lindblad Expeditions LIND，+0.17%和Cardlytics CDLX，+4.54%，并在我的股票信中，在2020年9月和2019年11月重温股票（我网站的链接在下面的简历中）。尽管它们的股价分别上涨了48%和157%，即标普500的两到四倍，但我仍然喜欢并拥有这两家公司。最近的内部买入证实了他们在当前水平附近买入并持有。另外，两者都是循环名称。Cardlytics帮助信用卡公司出于营销目的了解客户购买模式。Lindblad提供专门的异国情调的邮轮冒险。两者都受益于推动更多消费者支出的经济增长。</blockquote></p><p> <b>3. Do not get out of stocks</b></p><p><blockquote><b>3、不脱销库存</b></blockquote></p><p> If you think a selloff is coming, it might be tempting to try to get out of stocks right before that, to buy back after the weakness happens. But this is a lot harder than you think. In fact, it is almost impossible to get the timing right, say market veterans.</p><p><blockquote>如果您认为抛售即将到来，那么在此之前尝试卖出股票，并在疲软发生后回购股票可能很诱人。但这比你想象的要困难得多。市场资深人士表示，事实上，几乎不可能把握好时机。</blockquote></p><p> “You have to make two smart decisions,” says Yardeni. “You have to get out just before the correction and then you have to decide when to get back in. I don’t know of too many people that can do that consistently.”</p><p><blockquote>“你必须做出两个明智的决定，”亚德尼说。“你必须在修正之前退出，然后你必须决定何时重新加入。我不知道有多少人能始终如一地做到这一点。”</blockquote></p><p> Market timers often get out and don’t get back in, and they miss the next leg up. “You can get yourself into trouble trying to avoid the correction,” says Paulsen.</p><p><blockquote>市场计时器通常会退出，不会再回来，他们会错过下一轮上涨。“试图避免调整可能会给自己带来麻烦，”保尔森说。</blockquote></p><p> <b>4. Do not own bonds</b></p><p><blockquote><b>4.不持有债券</b></blockquote></p><p> Bond yields will be 2% or higher by the end of year. So don’t own bonds, whose prices fall when yields rise — unless you simply plan to hold to maturity to collect the income.</p><p><blockquote>到年底，债券收益率将达到2%或更高。因此，不要持有债券，当收益率上升时，债券的价格就会下跌——除非您只是计划持有至到期以收取收入。</blockquote></p><p> <b>5. Go with financials</b></p><p><blockquote><b>5.选择财务</b></blockquote></p><p> Strong economies typically make the yield curve more upward sloping, meaning that long-term interest rates on 10-year Treasuries rise a lot faster than short-term interest rates. Since banks borrow at the short end and lend at the long end, steepening yield curves help them.</p><p><blockquote>强劲的经济体通常会使收益率曲线更加向上倾斜，这意味着10年期国债的长期利率上升速度远快于短期利率。由于银行在短端借款，在长端放贷，陡峭的收益率曲线对它们有帮助。</blockquote></p><p> The strong economy will also help banks release reserves and lower provisions for loan losses, both of which can boost earnings, points out Yardeni. Both JPMorgan Chase JPM,-0.07%&nbsp;and Bank of America BAC,+0.41%&nbsp;are up over twice as much as the S&amp;P 500 since I suggested them in my stock letter last August. But they still look attractive. Recent pattern buying by smart insiders among smaller banks confirms the sector is still one to own, despite the strength over the past few quarters.</p><p><blockquote>亚德尼指出，强劲的经济还将帮助银行释放准备金并降低贷款损失准备金，这两者都可以提高收益。自从我去年8月在股票信中提出建议以来，摩根大通JPM(-0.07%)和美国银行BAC(+0.41%)的涨幅都是标普500的两倍多。但它们看起来仍然很有吸引力。小型银行中聪明的内部人士最近的买入模式证实，尽管过去几个季度表现强劲，但该行业仍然值得持有。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.marketwatch.com/story/dont-be-fooled-inflation-is-a-big-risk-for-stock-market-investors-heres-how-to-prepare-11623421036?siteid=yhoof2\">MarketWatch</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":{".SPX":"S&P 500 Index",".DJI":"道琼斯","SPY":"标普500ETF",".IXIC":"NASDAQ Composite"},"source_url":"https://www.marketwatch.com/story/dont-be-fooled-inflation-is-a-big-risk-for-stock-market-investors-heres-how-to-prepare-11623421036?siteid=yhoof2","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1118102755","content_text":"Michael Brush advises on how you can avoid making mistakes as bond yields rise and the central bank reduces its stimulus.\n\nDon’t be fooled by the placid response to the highest inflation rate in over a decade. Inflation will remain elevated enough to shake up the stock market, possibly causing a selloff as much as 15%. You need to prepare now.\nThe reason: Persistently high inflation will move the 10-year Treasury yield to 2% and get the Federal Reserve to start tapering its stimulus by the end of the year. Both will rattle the stock market.\nThe government said June 10 that the cost of living surged in May and drove the pace of inflation to a 13-year high of 5%.\nWhat should you do? Probably the opposite of what you are thinking. Before we get to that, here is a look at the two key events for stocks — in the bond market and at the Fed — between today and the end of the year.\nRising yields\nRemember how the stock market freaked out earlier this year when the 10-year Treasury yield TMUBMUSD10Y,1.452% moved up to around 1.7%? Well, expect a repeat. Only worse.\n“We suspect that inflation in the U.S. will prove more persistent than investors currently appear to anticipate,” says Capital Economics economist Franziska Palmas, citing the tight labor market and wage growth. Her research group puts the 10-year yield at 2.25% by the end of this year, and 2.5% by the end of 2022.\nThat’ll be a big move from the current level of 1.5%. Stock investors tend to panic when interest rates rise a lot.\nFed tapering\nFed Chairman Jerome Powell has downplayed the need for tapering the central bank’s bond purchases to keep yields low. But half of the 12 members of the Federal Open Market Committee (FOMC) have recently said they’re ready to start talking about tapering. The FOMC is the Fed branch that sets monetary policy.\n“It will be increasingly hard for Powell to claim the economy needs to make ‘substantial further progress’ toward achieving maximum employment before the Fed starts talking about talking about tapering,” says Ed Yardeni, author of Predicting the Markets and head of Yardeni Research. Powell has repeatedly said the Fed is awaiting “substantial further progress” in the economy before terminating its stimulus.\n“Given the performance of the economy, it is reasonable to expect they will start to taper before end of year, and a few months later they will start to raise the federal funds rate,” predicts Yardeni.\nHe thinks the Fed will announce a decision to start tapering in its July meeting. Tapering refers to a reduction in bond purchases by the Fed. This tightens the money supply to put the brakes on growth. Once purchases go to zero, the Fed moves on to cutting rates.\nAs we know, tapering causes a “taper tantrum” in the stock market, meaning a sharp selloff in indices like the S&P 500 SPX,+0.19%, the Dow Jones Industrial Average DJIA,+0.04% and Nasdaq COMP,+0.35%.\nHow to prepare\nWhen considering how to position for the probable selloff caused by rising bond yields and Fed tightening, the key things to remember is why these things are happening in the first place, and what history tells us about how stocks behave.\nThe consensus view is that tapering and rising bond yields kill off economic growth and the bull market in stocks. But this isn’t actually true.\nYes, initially, tightening can make stocks fall — or churn sideways, at best. But then stocks shake it off and move higher as the bull market continues. This makes sense, because the tightening is happening for good reasons that help companies — strong economic growth. This pushes earnings a lot higher, which resets valuations lower — back down to levels investors feel comfortable with.\n“Tapering is part and parcel of a recovery,” says Leuthold market strategist Jim Paulsen. “It is a response to successful policy and a rebound in the economy. It is a natural part of the bull market that allows the market to go higher. It’s a healthy development.”\nLooking through all the market fireworks that may lie ahead, Paulsen thinks underlying economic growth will push S&P 500 earnings up to $220 by the end of the year. Assuming the S&P 500 is at current levels or a little bit lower, that would bring the index’s price-to-earnings (P/E) ratio down to 18-19 — which is near or below the average since 1990. “That sets up the next leg of the bull market,” he says.\nYour five-point game plan\n1. Do not go to “defensives”\nWhen people see stock market turbulence, the knee-jerk reaction is to go for the “stability” of defensive names like utilities and consumer staples. But that would be a mistake. You want to go to defensives when the economy is slowing or contracting, not when it is strong. Another problem is that defensive names pay yield. So, like bonds, they get hit by rising interest rates, which devalue dividends — and dividend-paying stocks and bonds.\n“The best way to protect yourself is to tie your portfolio to the overheated economy. That is where the best profit growth and profit leverage is,” says Paulsen. “You do not get that with defensives.”\n2. Go with companies that benefit from growth\nSince rapid economic growth is causing the tapering — and the growth is usually not killed off by tightening — stocks linked to growth typically are the best place to be. This means cyclicals like industrials, basic materials consumer names, small-caps and international stocks. “Slower growth consumer staples and utilities won’t keep up with growth areas of the market,” says Paulsen.\nI first suggested Lindblad Expeditions LIND,+0.17% and Cardlytics CDLX,+4.54% and in my stock letter, Brush Up on Stocks (the link to my site is in the bio, below) in September 2020 and November 2019. I still like and own both even though they are up 48% and 157% — or two to four times the S&P 500. Recent insider buying confirms they are buys and holds around current levels. Plus, both are cyclical names. Cardlytics helps credit card companies understand customer buying patterns for marketing purposes. Lindblad offers specialized cruise adventures to exotic locales. Both benefit from economic growth that powers more consumer spending.\n3. Do not get out of stocks\nIf you think a selloff is coming, it might be tempting to try to get out of stocks right before that, to buy back after the weakness happens. But this is a lot harder than you think. In fact, it is almost impossible to get the timing right, say market veterans.\n“You have to make two smart decisions,” says Yardeni. “You have to get out just before the correction and then you have to decide when to get back in. I don’t know of too many people that can do that consistently.”\nMarket timers often get out and don’t get back in, and they miss the next leg up. “You can get yourself into trouble trying to avoid the correction,” says Paulsen.\n4. Do not own bonds\nBond yields will be 2% or higher by the end of year. So don’t own bonds, whose prices fall when yields rise — unless you simply plan to hold to maturity to collect the income.\n5. Go with financials\nStrong economies typically make the yield curve more upward sloping, meaning that long-term interest rates on 10-year Treasuries rise a lot faster than short-term interest rates. Since banks borrow at the short end and lend at the long end, steepening yield curves help them.\nThe strong economy will also help banks release reserves and lower provisions for loan losses, both of which can boost earnings, points out Yardeni. Both JPMorgan Chase JPM,-0.07% and Bank of America BAC,+0.41% are up over twice as much as the S&P 500 since I suggested them in my stock letter last August. But they still look attractive. Recent pattern buying by smart insiders among smaller banks confirms the sector is still one to own, despite the strength over the past few quarters.","news_type":1,"symbols_score_info":{".SPX":0.9,"SPY":0.9,".IXIC":0.9,".DJI":0.9}},"isVote":1,"tweetType":1,"viewCount":692,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}