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pinghu
2021-05-12
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pinghu
2021-05-11
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pinghu
2021-05-10
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pinghu
2021-05-10
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pinghu
2021-05-09
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U.S. hiring takes big step back as businesses scramble for workers, raw materials<blockquote>随着企业争夺工人和原材料,美国招聘大幅倒退</blockquote>
pinghu
2021-05-07
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Amazon: The Most Clearly Undervalued Company<blockquote>亚马逊:最明显被低估的公司</blockquote>
pinghu
2021-05-06
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pinghu
2021-05-05
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Lyft Reports Q1 Loss, Tops Revenue Estimates<blockquote>Lyft报告第一季度亏损,超出收入预期</blockquote>
pinghu
2021-05-05
$Apple(AAPL)$
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pinghu
2021-05-04
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Ethereum at $5,000? One financial advisor CEO says it could happen this week<blockquote>5000美元的以太币?一位财务顾问首席执行官表示这可能会在本周发生</blockquote>
pinghu
2021-05-01
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pinghu
2021-04-30
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pinghu
2021-04-29
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Apple reports another blowout quarter with sales up 54%, authorizes $90 billion in share buybacks<blockquote>苹果报告另一个井喷季度销售额增长 54%,授权回购 900 亿美元股票</blockquote>
pinghu
2021-04-29
Daily mission
pinghu
2021-04-28
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pinghu
2021-04-27
Tesla number 1Pls like n comment thanks
Tesla posts record net income of $438 million, revenue surges by 74%<blockquote>特斯拉净利润创历史新高 4.38 亿美元,收入激增 74%</blockquote>
pinghu
2021-04-26
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pinghu
2021-04-24
$Tiger Brokers(TIGR)$
Daily mission!!!! Like and comment please
pinghu
2021-04-23
Comment and like thanku tgif!
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pinghu
2021-04-22
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Intel Reports Earnings Thursday. Here’s What to Know.<blockquote>英特尔周四公布财报。以下是需要了解的信息。</blockquote>
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tq","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/190424349","repostId":"2134686276","repostType":4,"isVote":1,"tweetType":1,"viewCount":1712,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":190947305,"gmtCreate":1620576238407,"gmtModify":1634197949258,"author":{"id":"3577496233814703","authorId":"3577496233814703","name":"pinghu","avatar":"https://static.tigerbbs.com/42c1937c871b61f4912f7e80672da554","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577496233814703","authorIdStr":"3577496233814703"},"themes":[],"title":"","htmlText":"Like pls","listText":"Like pls","text":"Like pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/190947305","repostId":"1106882084","repostType":4,"isVote":1,"tweetType":1,"viewCount":3193,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":107201515,"gmtCreate":1620490466637,"gmtModify":1634198429783,"author":{"id":"3577496233814703","authorId":"3577496233814703","name":"pinghu","avatar":"https://static.tigerbbs.com/42c1937c871b61f4912f7e80672da554","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577496233814703","authorIdStr":"3577496233814703"},"themes":[],"title":"","htmlText":"like and comment","listText":"like and comment","text":"like and comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/107201515","repostId":"1193602237","repostType":4,"repost":{"id":"1193602237","kind":"news","pubTimestamp":1620471120,"share":"https://www.laohunote.com/m/news/1193602237?lang=zh_CN&edition=full","pubTime":"2021-05-08 18:52","market":"us","language":"en","title":"U.S. hiring takes big step back as businesses scramble for workers, raw materials<blockquote>随着企业争夺工人和原材料,美国招聘大幅倒退</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1193602237","media":"reuters","summary":"U.S. employers likely hired nearly a million workers in April as they rushed to meet a surge in dema","content":"<p>U.S. employers likely hired nearly a million workers in April as they rushed to meet a surge in demand, unleashed by the reopening of the economy amid rapidly improving public health and massive financial help from the government.</p><p><blockquote>美国雇主可能在 4 月份雇佣了近 100 万名工人,因为他们急于满足需求激增,这是在公共卫生迅速改善和政府提供大量财政援助的情况下经济重新开放所释放的。</blockquote></p><p>The Labor Department's closely watched employment report on Friday will be the first to show the impact of the White House's $1.9 trillion COVID-19 pandemic rescue package, which was approved in March. It is likely to show the economy entered the second quarter with even greater momentum, firmly putting it on track this year for its best performance in almost four decades.</p><p><blockquote>美国劳工部周五发布的备受关注的就业报告将首次显示白宫 3 月份批准的 1.9 万亿美元 COVID-19 大流行救助计划的影响。这可能表明经济以更大的势头进入第二季度,坚定地走上了今年近四十年来最好表现的轨道。</blockquote></p><p>\"We are looking for a pretty good figure, reflecting the ongoing reopening we have seen,\" said James Knightley, chief international economist at ING in New York. \"With cash in people's pockets, economic activity is looking good and that should lead to more and more hiring right across the economy.\"</p><p><blockquote>荷兰国际集团驻纽约首席国际经济学家詹姆斯·奈特利表示:“我们正在寻找一个相当不错的数字,反映我们所看到的正在进行的重新开放。”“随着人们口袋里有了现金,经济活动看起来不错,这应该会导致整个经济中越来越多的招聘。”</blockquote></p><p>According to a Reuters survey of economists, nonfarm payrolls likely increased by 978,000 jobs last month after rising by 916,000 in March. That would leave employment about 7.5 million jobs below its peak in February 2020.</p><p><blockquote>根据路透社对经济学家的调查,继3月份增加91.6万个之后,上个月非农就业人数可能增加97.8万个。这将使就业人数比 2020 年 2 月的峰值低约 750 万个。</blockquote></p><p>Twelve months ago, the economy purged a record 20.679 million jobs as it reeled from mandatory closures of nonessential businesses to slow the first wave of COVID-19 infections.</p><p><blockquote>12 个月前,经济因强制关闭非必要企业以减缓第一波 COVID-19 感染而减少了创纪录的 2067.9 万个工作岗位。</blockquote></p><p>April's payrolls estimates range from as low as 656,000 to as high as 2.1 million jobs. New claims for unemployment benefits have dropped below 500,000 for the first-time since the pandemic started and job cuts announced by U.S.-based employers in April were the lowest in nearly 21 years.</p><p><blockquote>4月份的就业人数估计从低至65.6万人到高达210万人不等。自疫情爆发以来,新申请失业救济人数首次降至 50 万人以下,美国雇主 4 月份宣布的裁员人数为近 21 年来的最低水平。</blockquote></p><p>Also arguing for another month of blockbuster job growth, consumers' perceptions of the labor market are the strongest in 13 months. But the pent-up demand, which contributed to the economy's 6.4% annualized growth pace in the first quarter, the second-fastest since the third quarter of 2003, has triggered shortages of labor and raw materials.</p><p><blockquote>消费者对劳动力市场的看法也是 13 个月来最强劲的,这也表明就业又出现了大幅增长。但被压抑的需求导致了劳动力和原材料短缺,第一季度经济年化增长率为 6.4%,这是自 2003 年第三季度以来的第二快增长率。</blockquote></p><p>From manufacturing to restaurants, employers are scrambling for workers. A range of factors, including parents still at home caring for children, coronavirus-related retirements and generous unemployment checks, are blamed for the labor shortages.</p><p><blockquote>从制造业到餐馆,雇主们都在争抢工人。劳动力短缺被归咎于一系列因素,包括仍在家照顾孩子的父母、与冠状病毒相关的退休和慷慨的失业支票。</blockquote></p><p>\"While we do not expect that lack of workers will weigh noticeably on April employment, rehiring could become more difficult in coming months before expanded unemployment benefits expire in September,\" said Veronica Clark, an economist at Citigroup in New York.</p><p><blockquote>花旗集团驻纽约经济学家维罗妮卡·克拉克表示:“虽然我们预计工人短缺不会对 4 月份的就业造成明显影响,但在扩大的失业救济金于 9 月份到期之前,未来几个月重新招聘可能会变得更加困难。”</blockquote></p><p>Payroll gains were likely led by the leisure and hospitality industry as more high-contact businesses such as restaurants, bars and amusement parks reopen. Americans over the age of 16 are now eligible to receive the COVID-19 vaccine, leading states like New York, New Jersey and Connecticut to lift most of their coronavirus capacity restrictions on businesses.</p><p><blockquote>随着餐馆、酒吧和游乐园等更多高接触的企业重新开业,休闲和酒店业可能会推动工资增长。16岁以上的美国人现在有资格接种新冠肺炎疫苗,导致纽约州、新泽西州和康涅狄格州等州取消了对企业的大部分冠状病毒产能限制。</blockquote></p><p>BROAD EMPLOYMENT GAINS</p><p><blockquote>广泛的就业增长</blockquote></p><p>Solid gains were also expected in manufacturing, despite a global semiconductor chip shortage, which has forced motor vehicle manufacturers to cut production. Strong housing demand likely boosted construction payrolls.</p><p><blockquote>尽管全球半导体芯片短缺迫使汽车制造商减产,但预计制造业也将稳步增长。强劲的住房需求可能会推高建筑业就业人数。</blockquote></p><p>Government employment is also expected to have picked up as school districts hired more teachers following the resumption of in-person learning in many states.</p><p><blockquote>随着许多州恢复面对面学习,学区雇佣了更多教师,政府就业预计也会增加。</blockquote></p><p>Robust hiring is unlikely to have an impact on President Joe Biden's plan to spend another $4 trillion on education and childcare, middle- and low-income families, infrastructure and jobs. Neither was it expected to influence monetary policy, with the Federal Reserve having signaled it is prepared to let the economy run hotter than it did in previous cycles.</p><p><blockquote>强劲的招聘不太可能对乔·拜登总统在教育和儿童保育、中低收入家庭、基础设施和就业方面再支出 4 万亿美元的计划产生影响。预计它也不会影响货币政策,美联储已表示准备让经济运行比前几个周期更热。</blockquote></p><p>Millions of Americans remain out of work and many have permanently lost jobs because of the pandemic.</p><p><blockquote>数百万美国人仍然失业,许多人因为疫情而永久失业。</blockquote></p><p>\"Nobody knows what the economy is going to look like post COVID,\" said Steven Blitz, chief U.S. economist at TS Lombard in New York. \"There is a stubbornly high number of people who have been permanently displaced. The (spending) plans are about giving the economy a higher trajectory of growth so that these people can be hired sooner rather than later.\"</p><p><blockquote>纽约 TS Lombard 首席美国经济学家史蒂文·布利茨 (Steven Blitz) 表示:“没有人知道新冠疫情过后的经济会是什么样子。”“永久流离失所的人数一直居高不下。(支出)计划的目的是让经济走上更高的增长轨迹,以便这些人能够尽早就业。”</blockquote></p><p>The unemployment rate is forecast dropping to 5.8% in April from 6.0% in March. The unemployment rate has been understated by people misclassifying themselves as being \"employed but absent from work.\"</p><p><blockquote>失业率预计将从3月份的6.0%降至4月份的5.8%。人们错误地将自己归类为“有工作但不工作”,从而低估了失业率。</blockquote></p><p>To gauge the recovery, economists will focus on the number of people who have been unemployed for more than six months as well as those out of work because of permanent job losses.</p><p><blockquote>为了衡量经济复苏,经济学家将关注失业超过六个月的人数以及因永久性失业而失业的人数。</blockquote></p><p>The labor force participation rate, or the proportion of working-age Americans who have a job or are looking for one, likely improved last month, though it remained below its pre-pandemic level. More than 4 million people, many of them women, dropped out of the labor force during the pandemic.</p><p><blockquote>劳动力参与率,即拥有工作或正在寻找工作的工作年龄美国人的比例,上个月可能有所改善,尽管仍低于大流行前的水平。在疫情期间,超过400万人,其中许多是妇女,退出了劳动力市场。</blockquote></p><p></p><p>With the lower-wage leisure and hospitality industry expected to dominate employment gains, average hourly earnings were likely unchanged in April after dipping 0.1% in March. That would lead to a 0.4% drop in wages on a year-on-year basis after a 4.2% increase in March.</p><p><blockquote>由于工资较低的休闲和酒店业预计将主导就业增长,平均时薪在3月份下降0.1%后,4月份可能保持不变。这将导致工资在3月份增长4.2%后同比下降0.4%。</blockquote></p><p>\"We will be watching average hourly earnings very closely for signs that difficulty in hiring qualified workers is beginning to boost compensation,\" said David Kelly, chief global strategist at J.P. Morgan Asset Management in New York.</p><p><blockquote>摩根大通资产管理公司(J.P. Morgan Asset Management)驻纽约首席全球策略师大卫·凯利(David Kelly)表示:“我们将密切关注平均时薪,寻找招聘合格工人的困难开始推高薪酬的迹象。”</blockquote></p><p>\"If tightening labor markets boost wage growth, then the inflation bounce which the Fed is anticipating to be modest and transitory could turn out to be stronger and longer-lasting, leading to earlier Fed tightening.\"</p><p><blockquote>“如果劳动力市场收紧推动工资增长,那么美联储预计温和且短暂的通胀反弹可能会变得更强劲、更持久,从而导致美联储提前收紧货币政策。”</blockquote></p><p>The anticipated drop in wages will have no impact on consumer spending, with Americans sitting on more than $2 trillion in excess savings. The average workweek was forecast steady at 34.9 hours.</p><p><blockquote>预计工资下降不会对消费者支出产生影响,美国人有超过2万亿美元的超额储蓄。平均工作周预计稳定在34.9小时。</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. hiring takes big step back as businesses scramble for workers, raw materials<blockquote>随着企业争夺工人和原材料,美国招聘大幅倒退</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. hiring takes big step back as businesses scramble for workers, raw materials<blockquote>随着企业争夺工人和原材料,美国招聘大幅倒退</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">reuters</strong><span class=\"h-time small\">2021-05-08 18:52</span>\n</p>\n</h4>\n</header>\n<article>\n<p>U.S. employers likely hired nearly a million workers in April as they rushed to meet a surge in demand, unleashed by the reopening of the economy amid rapidly improving public health and massive financial help from the government.</p><p><blockquote>美国雇主可能在 4 月份雇佣了近 100 万名工人,因为他们急于满足需求激增,这是在公共卫生迅速改善和政府提供大量财政援助的情况下经济重新开放所释放的。</blockquote></p><p>The Labor Department's closely watched employment report on Friday will be the first to show the impact of the White House's $1.9 trillion COVID-19 pandemic rescue package, which was approved in March. It is likely to show the economy entered the second quarter with even greater momentum, firmly putting it on track this year for its best performance in almost four decades.</p><p><blockquote>美国劳工部周五发布的备受关注的就业报告将首次显示白宫 3 月份批准的 1.9 万亿美元 COVID-19 大流行救助计划的影响。这可能表明经济以更大的势头进入第二季度,坚定地走上了今年近四十年来最好表现的轨道。</blockquote></p><p>\"We are looking for a pretty good figure, reflecting the ongoing reopening we have seen,\" said James Knightley, chief international economist at ING in New York. \"With cash in people's pockets, economic activity is looking good and that should lead to more and more hiring right across the economy.\"</p><p><blockquote>荷兰国际集团驻纽约首席国际经济学家詹姆斯·奈特利表示:“我们正在寻找一个相当不错的数字,反映我们所看到的正在进行的重新开放。”“随着人们口袋里有了现金,经济活动看起来不错,这应该会导致整个经济中越来越多的招聘。”</blockquote></p><p>According to a Reuters survey of economists, nonfarm payrolls likely increased by 978,000 jobs last month after rising by 916,000 in March. That would leave employment about 7.5 million jobs below its peak in February 2020.</p><p><blockquote>根据路透社对经济学家的调查,继3月份增加91.6万个之后,上个月非农就业人数可能增加97.8万个。这将使就业人数比 2020 年 2 月的峰值低约 750 万个。</blockquote></p><p>Twelve months ago, the economy purged a record 20.679 million jobs as it reeled from mandatory closures of nonessential businesses to slow the first wave of COVID-19 infections.</p><p><blockquote>12 个月前,经济因强制关闭非必要企业以减缓第一波 COVID-19 感染而减少了创纪录的 2067.9 万个工作岗位。</blockquote></p><p>April's payrolls estimates range from as low as 656,000 to as high as 2.1 million jobs. New claims for unemployment benefits have dropped below 500,000 for the first-time since the pandemic started and job cuts announced by U.S.-based employers in April were the lowest in nearly 21 years.</p><p><blockquote>4月份的就业人数估计从低至65.6万人到高达210万人不等。自疫情爆发以来,新申请失业救济人数首次降至 50 万人以下,美国雇主 4 月份宣布的裁员人数为近 21 年来的最低水平。</blockquote></p><p>Also arguing for another month of blockbuster job growth, consumers' perceptions of the labor market are the strongest in 13 months. But the pent-up demand, which contributed to the economy's 6.4% annualized growth pace in the first quarter, the second-fastest since the third quarter of 2003, has triggered shortages of labor and raw materials.</p><p><blockquote>消费者对劳动力市场的看法也是 13 个月来最强劲的,这也表明就业又出现了大幅增长。但被压抑的需求导致了劳动力和原材料短缺,第一季度经济年化增长率为 6.4%,这是自 2003 年第三季度以来的第二快增长率。</blockquote></p><p>From manufacturing to restaurants, employers are scrambling for workers. A range of factors, including parents still at home caring for children, coronavirus-related retirements and generous unemployment checks, are blamed for the labor shortages.</p><p><blockquote>从制造业到餐馆,雇主们都在争抢工人。劳动力短缺被归咎于一系列因素,包括仍在家照顾孩子的父母、与冠状病毒相关的退休和慷慨的失业支票。</blockquote></p><p>\"While we do not expect that lack of workers will weigh noticeably on April employment, rehiring could become more difficult in coming months before expanded unemployment benefits expire in September,\" said Veronica Clark, an economist at Citigroup in New York.</p><p><blockquote>花旗集团驻纽约经济学家维罗妮卡·克拉克表示:“虽然我们预计工人短缺不会对 4 月份的就业造成明显影响,但在扩大的失业救济金于 9 月份到期之前,未来几个月重新招聘可能会变得更加困难。”</blockquote></p><p>Payroll gains were likely led by the leisure and hospitality industry as more high-contact businesses such as restaurants, bars and amusement parks reopen. Americans over the age of 16 are now eligible to receive the COVID-19 vaccine, leading states like New York, New Jersey and Connecticut to lift most of their coronavirus capacity restrictions on businesses.</p><p><blockquote>随着餐馆、酒吧和游乐园等更多高接触的企业重新开业,休闲和酒店业可能会推动工资增长。16岁以上的美国人现在有资格接种新冠肺炎疫苗,导致纽约州、新泽西州和康涅狄格州等州取消了对企业的大部分冠状病毒产能限制。</blockquote></p><p>BROAD EMPLOYMENT GAINS</p><p><blockquote>广泛的就业增长</blockquote></p><p>Solid gains were also expected in manufacturing, despite a global semiconductor chip shortage, which has forced motor vehicle manufacturers to cut production. Strong housing demand likely boosted construction payrolls.</p><p><blockquote>尽管全球半导体芯片短缺迫使汽车制造商减产,但预计制造业也将稳步增长。强劲的住房需求可能会推高建筑业就业人数。</blockquote></p><p>Government employment is also expected to have picked up as school districts hired more teachers following the resumption of in-person learning in many states.</p><p><blockquote>随着许多州恢复面对面学习,学区雇佣了更多教师,政府就业预计也会增加。</blockquote></p><p>Robust hiring is unlikely to have an impact on President Joe Biden's plan to spend another $4 trillion on education and childcare, middle- and low-income families, infrastructure and jobs. Neither was it expected to influence monetary policy, with the Federal Reserve having signaled it is prepared to let the economy run hotter than it did in previous cycles.</p><p><blockquote>强劲的招聘不太可能对乔·拜登总统在教育和儿童保育、中低收入家庭、基础设施和就业方面再支出 4 万亿美元的计划产生影响。预计它也不会影响货币政策,美联储已表示准备让经济运行比前几个周期更热。</blockquote></p><p>Millions of Americans remain out of work and many have permanently lost jobs because of the pandemic.</p><p><blockquote>数百万美国人仍然失业,许多人因为疫情而永久失业。</blockquote></p><p>\"Nobody knows what the economy is going to look like post COVID,\" said Steven Blitz, chief U.S. economist at TS Lombard in New York. \"There is a stubbornly high number of people who have been permanently displaced. The (spending) plans are about giving the economy a higher trajectory of growth so that these people can be hired sooner rather than later.\"</p><p><blockquote>纽约 TS Lombard 首席美国经济学家史蒂文·布利茨 (Steven Blitz) 表示:“没有人知道新冠疫情过后的经济会是什么样子。”“永久流离失所的人数一直居高不下。(支出)计划的目的是让经济走上更高的增长轨迹,以便这些人能够尽早就业。”</blockquote></p><p>The unemployment rate is forecast dropping to 5.8% in April from 6.0% in March. The unemployment rate has been understated by people misclassifying themselves as being \"employed but absent from work.\"</p><p><blockquote>失业率预计将从3月份的6.0%降至4月份的5.8%。人们错误地将自己归类为“有工作但不工作”,从而低估了失业率。</blockquote></p><p>To gauge the recovery, economists will focus on the number of people who have been unemployed for more than six months as well as those out of work because of permanent job losses.</p><p><blockquote>为了衡量经济复苏,经济学家将关注失业超过六个月的人数以及因永久性失业而失业的人数。</blockquote></p><p>The labor force participation rate, or the proportion of working-age Americans who have a job or are looking for one, likely improved last month, though it remained below its pre-pandemic level. More than 4 million people, many of them women, dropped out of the labor force during the pandemic.</p><p><blockquote>劳动力参与率,即拥有工作或正在寻找工作的工作年龄美国人的比例,上个月可能有所改善,尽管仍低于大流行前的水平。在疫情期间,超过400万人,其中许多是妇女,退出了劳动力市场。</blockquote></p><p></p><p>With the lower-wage leisure and hospitality industry expected to dominate employment gains, average hourly earnings were likely unchanged in April after dipping 0.1% in March. That would lead to a 0.4% drop in wages on a year-on-year basis after a 4.2% increase in March.</p><p><blockquote>由于工资较低的休闲和酒店业预计将主导就业增长,平均时薪在3月份下降0.1%后,4月份可能保持不变。这将导致工资在3月份增长4.2%后同比下降0.4%。</blockquote></p><p>\"We will be watching average hourly earnings very closely for signs that difficulty in hiring qualified workers is beginning to boost compensation,\" said David Kelly, chief global strategist at J.P. Morgan Asset Management in New York.</p><p><blockquote>摩根大通资产管理公司(J.P. Morgan Asset Management)驻纽约首席全球策略师大卫·凯利(David Kelly)表示:“我们将密切关注平均时薪,寻找招聘合格工人的困难开始推高薪酬的迹象。”</blockquote></p><p>\"If tightening labor markets boost wage growth, then the inflation bounce which the Fed is anticipating to be modest and transitory could turn out to be stronger and longer-lasting, leading to earlier Fed tightening.\"</p><p><blockquote>“如果劳动力市场收紧推动工资增长,那么美联储预计温和且短暂的通胀反弹可能会变得更强劲、更持久,从而导致美联储提前收紧货币政策。”</blockquote></p><p>The anticipated drop in wages will have no impact on consumer spending, with Americans sitting on more than $2 trillion in excess savings. The average workweek was forecast steady at 34.9 hours.</p><p><blockquote>预计工资下降不会对消费者支出产生影响,美国人有超过2万亿美元的超额储蓄。平均工作周预计稳定在34.9小时。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源:<a href=\"https://www.reuters.com/markets\">reuters</a></p>\n<p>为提升您的阅读体验,我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.reuters.com/markets","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1193602237","content_text":"U.S. employers likely hired nearly a million workers in April as they rushed to meet a surge in demand, unleashed by the reopening of the economy amid rapidly improving public health and massive financial help from the government.The Labor Department's closely watched employment report on Friday will be the first to show the impact of the White House's $1.9 trillion COVID-19 pandemic rescue package, which was approved in March. It is likely to show the economy entered the second quarter with even greater momentum, firmly putting it on track this year for its best performance in almost four decades.\"We are looking for a pretty good figure, reflecting the ongoing reopening we have seen,\" said James Knightley, chief international economist at ING in New York. \"With cash in people's pockets, economic activity is looking good and that should lead to more and more hiring right across the economy.\"According to a Reuters survey of economists, nonfarm payrolls likely increased by 978,000 jobs last month after rising by 916,000 in March. That would leave employment about 7.5 million jobs below its peak in February 2020.Twelve months ago, the economy purged a record 20.679 million jobs as it reeled from mandatory closures of nonessential businesses to slow the first wave of COVID-19 infections.April's payrolls estimates range from as low as 656,000 to as high as 2.1 million jobs. New claims for unemployment benefits have dropped below 500,000 for the first-time since the pandemic started and job cuts announced by U.S.-based employers in April were the lowest in nearly 21 years.Also arguing for another month of blockbuster job growth, consumers' perceptions of the labor market are the strongest in 13 months. But the pent-up demand, which contributed to the economy's 6.4% annualized growth pace in the first quarter, the second-fastest since the third quarter of 2003, has triggered shortages of labor and raw materials.From manufacturing to restaurants, employers are scrambling for workers. A range of factors, including parents still at home caring for children, coronavirus-related retirements and generous unemployment checks, are blamed for the labor shortages.\"While we do not expect that lack of workers will weigh noticeably on April employment, rehiring could become more difficult in coming months before expanded unemployment benefits expire in September,\" said Veronica Clark, an economist at Citigroup in New York.Payroll gains were likely led by the leisure and hospitality industry as more high-contact businesses such as restaurants, bars and amusement parks reopen. Americans over the age of 16 are now eligible to receive the COVID-19 vaccine, leading states like New York, New Jersey and Connecticut to lift most of their coronavirus capacity restrictions on businesses.BROAD EMPLOYMENT GAINSSolid gains were also expected in manufacturing, despite a global semiconductor chip shortage, which has forced motor vehicle manufacturers to cut production. Strong housing demand likely boosted construction payrolls.Government employment is also expected to have picked up as school districts hired more teachers following the resumption of in-person learning in many states.Robust hiring is unlikely to have an impact on President Joe Biden's plan to spend another $4 trillion on education and childcare, middle- and low-income families, infrastructure and jobs. Neither was it expected to influence monetary policy, with the Federal Reserve having signaled it is prepared to let the economy run hotter than it did in previous cycles.Millions of Americans remain out of work and many have permanently lost jobs because of the pandemic.\"Nobody knows what the economy is going to look like post COVID,\" said Steven Blitz, chief U.S. economist at TS Lombard in New York. \"There is a stubbornly high number of people who have been permanently displaced. The (spending) plans are about giving the economy a higher trajectory of growth so that these people can be hired sooner rather than later.\"The unemployment rate is forecast dropping to 5.8% in April from 6.0% in March. The unemployment rate has been understated by people misclassifying themselves as being \"employed but absent from work.\"To gauge the recovery, economists will focus on the number of people who have been unemployed for more than six months as well as those out of work because of permanent job losses.The labor force participation rate, or the proportion of working-age Americans who have a job or are looking for one, likely improved last month, though it remained below its pre-pandemic level. More than 4 million people, many of them women, dropped out of the labor force during the pandemic.With the lower-wage leisure and hospitality industry expected to dominate employment gains, average hourly earnings were likely unchanged in April after dipping 0.1% in March. That would lead to a 0.4% drop in wages on a year-on-year basis after a 4.2% increase in March.\"We will be watching average hourly earnings very closely for signs that difficulty in hiring qualified workers is beginning to boost compensation,\" said David Kelly, chief global strategist at J.P. Morgan Asset Management in New York.\"If tightening labor markets boost wage growth, then the inflation bounce which the Fed is anticipating to be modest and transitory could turn out to be stronger and longer-lasting, leading to earlier Fed tightening.\"The anticipated drop in wages will have no impact on consumer spending, with Americans sitting on more than $2 trillion in excess savings. The average workweek was forecast steady at 34.9 hours.","news_type":1,"symbols_score_info":{}},"isVote":1,"tweetType":1,"viewCount":2221,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":104126214,"gmtCreate":1620365865238,"gmtModify":1634205727756,"author":{"id":"3577496233814703","authorId":"3577496233814703","name":"pinghu","avatar":"https://static.tigerbbs.com/42c1937c871b61f4912f7e80672da554","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577496233814703","authorIdStr":"3577496233814703"},"themes":[],"title":"","htmlText":"Like n comment thanksss","listText":"Like n comment thanksss","text":"Like n comment thanksss","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/104126214","repostId":"1157328258","repostType":4,"repost":{"id":"1157328258","kind":"news","pubTimestamp":1620360165,"share":"https://www.laohunote.com/m/news/1157328258?lang=zh_CN&edition=full","pubTime":"2021-05-07 12:02","market":"us","language":"en","title":"Amazon: The Most Clearly Undervalued Company<blockquote>亚马逊:最明显被低估的公司</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1157328258","media":"Seeking alpha","summary":"SummaryAmazon is one of the companies whose growth has not yet reached its limit and not even entere","content":"<p>Summary</p><p><blockquote>总结</blockquote></p><p><ul><li>Amazon is one of the companies whose growth has not yet reached its limit and not even entered the plateau phase.</li><li>In terms of comparative valuation, AMZN is undervalued against the market.</li><li>DCF-based Amazon stock price target suggests 30% upside potential. But I think this is not even a basic scenario, but a pessimistic scenario.</li></ul>I present my comprehensive Amazon (AMZN) analysis in light of the results of the last quarter.</p><p><blockquote><ul><li>亚马逊是增长尚未达到极限,甚至尚未进入平台期的公司之一。</li><li>就比较估值而言,AMZN相对于市场被低估。</li><li>基于 DCF 的亚马逊股价目标表明有 30% 的上涨潜力。但我认为这甚至不是一个基本的情景,而是一个悲观的情景。</li></ul>我根据上一季度的业绩介绍了我对亚马逊 (AMZN) 的全面分析。</blockquote></p><p>#1 Price vs. Growth</p><p><blockquote>#1 价格与增长</blockquote></p><p>First of all, let's assess whether we can statistically state that Amazon's growth has accelerated or slowed down in the last quarter. To do this, let's compare the revenue growth trends of the key segments of the company with and without the results of the last four quarters.</p><p><blockquote>首先,让我们评估一下我们是否可以从统计数据上说明亚马逊的增长在上一季度是加速还是放缓。为此,让我们比较一下有和没有过去四个季度业绩的公司关键部门的收入增长趋势。</blockquote></p><p>The dynamics of the 'Online Stores' segment showed a qualitative breakthrough. Without taking into account the last four quarters, a near-linear trend was observed here. Now, it has become exponential:</p><p><blockquote>“在线商店”细分市场的动态显示出质的突破。在不考虑过去四个季度的情况下,这里观察到了近乎线性的趋势。现在,它已经成倍增长:</blockquote></p><p><img src=\"https://static.tigerbbs.com/bac49a9df0e5b978dc15e20bedfce3da\" tg-width=\"640\" tg-height=\"396\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p><i>Source: VisualizedAnalytics.com</i></p><p><blockquote><i>资料来源:VisualizedAnalytics.com</i></blockquote></p><p>The 'Third-Party Seller Services' segment - the exponential growth continues:</p><p><blockquote>“第三方卖家服务”细分市场——指数级增长仍在继续:</blockquote></p><p><img src=\"https://static.tigerbbs.com/6b58df42726bc01c8a5e5c2940d0476d\" tg-width=\"640\" tg-height=\"396\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p><i>Source: VisualizedAnalytics.com</i></p><p><blockquote><i>资料来源:VisualizedAnalytics.com</i></blockquote></p><p>The 'Subscription Services' (Amazon Prime) segment - here the acceleration remains, and the result of the last quarter was better than the trend:</p><p><blockquote>“订阅服务”(Amazon Prime)细分市场 - 加速依然存在,上一季度的业绩好于趋势:</blockquote></p><p><i>Source: VisualizedAnalytics.com</i></p><p><blockquote><i>资料来源:VisualizedAnalytics.com</i></blockquote></p><p>The 'Other' (advertising services) segment has also showed a significant acceleration:<img src=\"https://static.tigerbbs.com/a58095394bdd79d561166a74942a9e55\" tg-width=\"640\" tg-height=\"396\" referrerpolicy=\"no-referrer\"></p><p><blockquote>“其他”(广告服务)分部也显示出显着的加速:</blockquote></p><p><i>Source: VisualizedAnalytics.com</i></p><p><blockquote><i>资料来源:VisualizedAnalytics.com</i></blockquote></p><p>The growth trend of 'Amazon Web Services' has slowed down, but judging by the results of the last quarter, there is a gradual return to the previous trend:</p><p><blockquote>‘亚马逊网络服务’的增长趋势有所放缓,但从上个季度的业绩来看,有逐渐恢复到之前的趋势:</blockquote></p><p><img src=\"https://static.tigerbbs.com/07069ccaab37c32eed56da69881e7bce\" tg-width=\"640\" tg-height=\"396\" referrerpolicy=\"no-referrer\"><i>Source: VisualizedAnalytics.com</i></p><p><blockquote><i>资料来源:VisualizedAnalytics.com</i></blockquote></p><p>Geographically, Amazon's revenue was also significantly better than the trend:</p><p><blockquote>从地域上看,亚马逊的收入也明显好于趋势:</blockquote></p><p><img src=\"https://static.tigerbbs.com/a1d9246e5c01aac6c62e49ad7cd73e2c\" tg-width=\"640\" tg-height=\"396\" referrerpolicy=\"no-referrer\"><img src=\"https://static.tigerbbs.com/0e7276161a3d2b2159ab3d727d3cb7d9\" tg-width=\"640\" tg-height=\"396\" referrerpolicy=\"no-referrer\"><i>Source: VisualizedAnalytics.com</i></p><p><blockquote><i>资料来源:VisualizedAnalytics.com</i></blockquote></p><p><i>So, statistically, not subjectively, we should recognize the acceleration of the company's growth</i><i><b>in all key segments</b></i><i>. In my opinion, this is exactly what is expected from Amazon.</i></p><p><blockquote><i>因此,从统计学上,而不是主观上,我们应该认识到公司增长的加速</i><i><b>在所有关键分部</b></i><i>.在我看来,这正是人们对亚马逊的期望。</i></blockquote></p><p>Further. Over the last 10 years, Amazon's capitalization has been in a qualitative linear relationship with its revenue:</p><p><blockquote>更远地。在过去的10年里,亚马逊的资本化与其收入一直处于定性的线性关系:</blockquote></p><p><img src=\"https://static.tigerbbs.com/f105c314902d29dae4d0f0e400aa2245\" tg-width=\"640\" tg-height=\"396\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p><i>Source: VisualizedAnalytics.com</i></p><p><blockquote><i>资料来源:VisualizedAnalytics.com</i></blockquote></p><p>There is also a certain influence of the company's revenue growth rate on its multiples:</p><p><blockquote>公司营收增速对其倍数也有一定影响:</blockquote></p><p><img src=\"https://static.tigerbbs.com/8beca01b5624a15aab79465c580ded6b\" tg-width=\"640\" tg-height=\"396\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p><i>Source: VisualizedAnalytics.com</i></p><p><blockquote><i>资料来源:VisualizedAnalytics.com</i></blockquote></p><p>Based on these two relationships and taking into account the influence of the growth of theM2 money stockin the US, it is possible to build another model that allows us to determine the balanced level of the company's capitalization. In addition, this model allows to model the growth of the company's capitalization based on the current expectations of analysts regarding the company's revenue growth in the next four quarters. Here is this model:</p><p><blockquote>基于这两种关系,并考虑到美国货币存量增长的影响,有可能建立另一个模型,使我们能够确定公司资本的平衡水平。此外,该模型允许根据分析师当前对公司未来四个季度收入增长的预期来模拟公司资本增长。这是这个模型:</blockquote></p><p><img src=\"https://static.tigerbbs.com/083fa1dc350e5e54cc7d3145744c9e4c\" tg-width=\"640\" tg-height=\"396\" referrerpolicy=\"no-referrer\"><img src=\"https://static.tigerbbs.com/d63f0cff5e0dd83343d26ee90552a033\" tg-width=\"640\" tg-height=\"396\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p><i>Source: VisualizedAnalytics.com</i></p><p><blockquote><i>资料来源:VisualizedAnalytics.com</i></blockquote></p><p><i>As you can see, firstly, this model indicates that the company's current price is already</i><i><b>below the balanced level</b></i><i>. And secondly, it assumes a</i><i><b>25% growth</b></i><i>in capitalization in the next four quarters.</i></p><p><blockquote><i>大家可以看到,首先,这个模型表明公司目前的价格已经</i><i><b>低于平衡水平</b></i><i>其次,它假设</i><i><b>25%的增长</b></i><i>未来四个季度的资本化。</i></blockquote></p><p>#2 Comparative Valuation</p><p><blockquote>#2 比较估值</blockquote></p><p>In the previous block, I modeled Amazon's balanced price based on revenue. What is remarkable is that if we apply the same approach to the comparative valuation of the company using multiples, we will fail. At least I have not been able to find a single revenue-based multiple that would make it possible to successfully compare Amazon to other companies. But the forward P/E (next FY) multiple adjusted by the expected EPS annual growth rate made it possible to find a suitable model:</p><p><blockquote>在上一节中,我根据收入模拟了亚马逊的平衡价格。值得注意的是,如果我们对公司使用倍数的比较估值应用同样的方法,我们将失败。至少我还没有找到一个基于收入的倍数,可以成功地将亚马逊与其他公司进行比较。但根据预期每股收益年增长率调整的远期市盈率(下一财年)倍数使得找到合适的模型成为可能:</blockquote></p><p></p><p><img src=\"https://static.tigerbbs.com/97ac0310bcef622e12c8c21d46979f7e\" tg-width=\"640\" tg-height=\"396\" referrerpolicy=\"no-referrer\"><img src=\"https://static.tigerbbs.com/8d7573ff8a7fc00719a51042f09fc989\" tg-width=\"640\" tg-height=\"396\" referrerpolicy=\"no-referrer\"><i>Source: VisualizedAnalytics.com</i></p><p><blockquote><i>资料来源:VisualizedAnalytics.com</i></blockquote></p><p><i>As you can see, judging by this multiple, Amazon is significantly undervalued.</i></p><p><blockquote><i>正如你所看到的,从这个倍数来看,亚马逊被严重低估了。</i></blockquote></p><p>#3 Discounted Cash Flow Model</p><p><blockquote>#3 贴现现金流模型</blockquote></p><p>When predicting Amazon's revenue for the next decade, I proceeded from the average expectations ofanalysts:</p><p><blockquote>在预测亚马逊未来十年的收入时,我从分析师的平均预期出发:</blockquote></p><p><img src=\"https://static.tigerbbs.com/9f41298db73dbcd92469026cc4e767c4\" tg-width=\"640\" tg-height=\"323\" referrerpolicy=\"no-referrer\"><i>Source: Seeking Alpha Pro</i></p><p><blockquote><i>资料来源:Seeking Alpha Pro</i></blockquote></p><p>When predicting the dynamics of Amazon's operating margin, I also proceeded from analysts'expectationsregarding the growth of the company's EPS, and taking into account the gradual increase in the tax rate to 25%. In my opinion, a gradual increase in the operating margin to 8% in the terminal year is a very realistic scenario.</p><p><blockquote>在预测亚马逊营业利润率的动态时,我还从分析师对该公司每股收益增长的预期出发,并考虑到税率逐渐提高到25%。在我看来,营业利润率在最后一年逐步增加到8%是一个非常现实的场景。</blockquote></p><p>Here is the calculation of the Weighted Average Cost of Capital:</p><p><blockquote>以下是加权平均资本成本的计算方法:</blockquote></p><p><img src=\"https://static.tigerbbs.com/759163398701e54efd7cfabd11a0867d\" tg-width=\"480\" tg-height=\"374\" referrerpolicy=\"no-referrer\"><i>Source: Author</i></p><p><blockquote><i>来源:作者</i></blockquote></p><p>Some explanations:</p><p><blockquote>一些解释:</blockquote></p><p><ul><li>In order to calculate the market rate of return, I used values of equityriskpremium (4.72%) and the current yield of UST10 as a risk-free rate (1.6%).</li><li>I used the currentvalueof the three-year beta coefficient (0.92). For the terminal year, I used Beta equal to 1.</li><li>To calculate the Cost of Debt, I used the interest expense for 2019 and 2020 divided by the debt value for the same years.</li></ul>Here is the model itself:</p><p><blockquote><ul><li>为了计算市场回报率,我使用股票风险溢价(4.72%)和UST10的当前收益率作为无风险利率(1.6%)。</li><li>我使用了三年贝塔系数的当前值(0.92)。对于最后一年,我使用了等于1的Beta。</li><li>为了计算债务成本,我使用了2019年和2020年的利息支出除以同年的债务价值。</li></ul>这是模型本身:</blockquote></p><p><img src=\"https://static.tigerbbs.com/0df02bca01b3ef74d3b640d95eb00590\" tg-width=\"640\" tg-height=\"528\" referrerpolicy=\"no-referrer\">(In high resolution)</p><p><blockquote>(高分辨率)</blockquote></p><p><i>Source: Author</i></p><p><blockquote><i>来源:作者</i></blockquote></p><p><i>The DCF-based target price of Amazon's shares is $4,280, offering 29% upside.</i></p><p><blockquote><i>基于 DCF 的亚马逊股票目标价为 4,280 美元,上涨空间为 29%。</i></blockquote></p><p>Final thoughts</p><p><blockquote>最后的想法</blockquote></p><p><ol><li>Amazon is one of the companies whose growth has not yet reached its limit and not even entered the plateau phase. In a sense, this is a startup with $73 billion cash.</li><li>The fact that Amazon remains in the acceleration phase does not mean that its capitalization is constantly undervalued. But in this case, based on the patterns between the company's capitalization and the parameters of its revenue, we can conclude that the company is<b>undervalued</b>.</li><li>Comparing Amazon to other companies through the prism of expected EPS growth, it must be admitted that the company is<b>much cheaper</b>than the market.</li><li>DCF model based on average expectations analysts indicate a 30% undervaluation. At the start of the year, a similarmodelindicated a 20% undervaluation.</li><li>When you look at Amazon's revenue forecast for the next decade, you realize that the company will face growth problems. But in my opinion,<i>it is better to invest in a company facing growth problems than aging problems</i>.</li></ol></p><p><blockquote><ol><li>亚马逊是增长尚未达到极限,甚至尚未进入平台期的公司之一。从某种意义上说,这是一家拥有730亿美元现金的初创公司。</li><li>亚马逊仍处于加速阶段,并不意味着其资本化不断被低估。但在这种情况下,根据公司的资本和收入参数之间的模式,我们可以得出结论,该公司是<b>被低估</b>.</li><li>通过预期每股收益增长的棱镜将亚马逊与其他公司进行比较,必须承认该公司是<b>便宜多了</b>比市场。</li><li>基于平均预期的 DCF 模型分析师表明估值被低估了 30%。今年年初,一个类似的模型表明估值被低估了 20%。</li><li>当你看到亚马逊未来十年的收入预测时,你会意识到该公司将面临增长问题。但在我看来,<i>投资一家面临增长问题的公司比投资老龄化问题更好</i>.</li></ol></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>Amazon: The Most Clearly Undervalued Company<blockquote>亚马逊:最明显被低估的公司</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\">\nAmazon: The Most Clearly Undervalued Company<blockquote>亚马逊:最明显被低估的公司</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Seeking alpha</strong><span class=\"h-time small\">2021-05-07 12:02</span>\n</p>\n</h4>\n</header>\n<article>\n<p>Summary</p><p><blockquote>总结</blockquote></p><p><ul><li>Amazon is one of the companies whose growth has not yet reached its limit and not even entered the plateau phase.</li><li>In terms of comparative valuation, AMZN is undervalued against the market.</li><li>DCF-based Amazon stock price target suggests 30% upside potential. But I think this is not even a basic scenario, but a pessimistic scenario.</li></ul>I present my comprehensive Amazon (AMZN) analysis in light of the results of the last quarter.</p><p><blockquote><ul><li>亚马逊是增长尚未达到极限,甚至尚未进入平台期的公司之一。</li><li>就比较估值而言,AMZN相对于市场被低估。</li><li>基于 DCF 的亚马逊股价目标表明有 30% 的上涨潜力。但我认为这甚至不是一个基本的情景,而是一个悲观的情景。</li></ul>我根据上一季度的业绩介绍了我对亚马逊 (AMZN) 的全面分析。</blockquote></p><p>#1 Price vs. Growth</p><p><blockquote>#1 价格与增长</blockquote></p><p>First of all, let's assess whether we can statistically state that Amazon's growth has accelerated or slowed down in the last quarter. To do this, let's compare the revenue growth trends of the key segments of the company with and without the results of the last four quarters.</p><p><blockquote>首先,让我们评估一下我们是否可以从统计数据上说明亚马逊的增长在上一季度是加速还是放缓。为此,让我们比较一下有和没有过去四个季度业绩的公司关键部门的收入增长趋势。</blockquote></p><p>The dynamics of the 'Online Stores' segment showed a qualitative breakthrough. Without taking into account the last four quarters, a near-linear trend was observed here. Now, it has become exponential:</p><p><blockquote>“在线商店”细分市场的动态显示出质的突破。在不考虑过去四个季度的情况下,这里观察到了近乎线性的趋势。现在,它已经成倍增长:</blockquote></p><p><img src=\"https://static.tigerbbs.com/bac49a9df0e5b978dc15e20bedfce3da\" tg-width=\"640\" tg-height=\"396\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p><i>Source: VisualizedAnalytics.com</i></p><p><blockquote><i>资料来源:VisualizedAnalytics.com</i></blockquote></p><p>The 'Third-Party Seller Services' segment - the exponential growth continues:</p><p><blockquote>“第三方卖家服务”细分市场——指数级增长仍在继续:</blockquote></p><p><img src=\"https://static.tigerbbs.com/6b58df42726bc01c8a5e5c2940d0476d\" tg-width=\"640\" tg-height=\"396\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p><i>Source: VisualizedAnalytics.com</i></p><p><blockquote><i>资料来源:VisualizedAnalytics.com</i></blockquote></p><p>The 'Subscription Services' (Amazon Prime) segment - here the acceleration remains, and the result of the last quarter was better than the trend:</p><p><blockquote>“订阅服务”(Amazon Prime)细分市场 - 加速依然存在,上一季度的业绩好于趋势:</blockquote></p><p><i>Source: VisualizedAnalytics.com</i></p><p><blockquote><i>资料来源:VisualizedAnalytics.com</i></blockquote></p><p>The 'Other' (advertising services) segment has also showed a significant acceleration:<img src=\"https://static.tigerbbs.com/a58095394bdd79d561166a74942a9e55\" tg-width=\"640\" tg-height=\"396\" referrerpolicy=\"no-referrer\"></p><p><blockquote>“其他”(广告服务)分部也显示出显着的加速:</blockquote></p><p><i>Source: VisualizedAnalytics.com</i></p><p><blockquote><i>资料来源:VisualizedAnalytics.com</i></blockquote></p><p>The growth trend of 'Amazon Web Services' has slowed down, but judging by the results of the last quarter, there is a gradual return to the previous trend:</p><p><blockquote>‘亚马逊网络服务’的增长趋势有所放缓,但从上个季度的业绩来看,有逐渐恢复到之前的趋势:</blockquote></p><p><img src=\"https://static.tigerbbs.com/07069ccaab37c32eed56da69881e7bce\" tg-width=\"640\" tg-height=\"396\" referrerpolicy=\"no-referrer\"><i>Source: VisualizedAnalytics.com</i></p><p><blockquote><i>资料来源:VisualizedAnalytics.com</i></blockquote></p><p>Geographically, Amazon's revenue was also significantly better than the trend:</p><p><blockquote>从地域上看,亚马逊的收入也明显好于趋势:</blockquote></p><p><img src=\"https://static.tigerbbs.com/a1d9246e5c01aac6c62e49ad7cd73e2c\" tg-width=\"640\" tg-height=\"396\" referrerpolicy=\"no-referrer\"><img src=\"https://static.tigerbbs.com/0e7276161a3d2b2159ab3d727d3cb7d9\" tg-width=\"640\" tg-height=\"396\" referrerpolicy=\"no-referrer\"><i>Source: VisualizedAnalytics.com</i></p><p><blockquote><i>资料来源:VisualizedAnalytics.com</i></blockquote></p><p><i>So, statistically, not subjectively, we should recognize the acceleration of the company's growth</i><i><b>in all key segments</b></i><i>. In my opinion, this is exactly what is expected from Amazon.</i></p><p><blockquote><i>因此,从统计学上,而不是主观上,我们应该认识到公司增长的加速</i><i><b>在所有关键分部</b></i><i>.在我看来,这正是人们对亚马逊的期望。</i></blockquote></p><p>Further. Over the last 10 years, Amazon's capitalization has been in a qualitative linear relationship with its revenue:</p><p><blockquote>更远地。在过去的10年里,亚马逊的资本化与其收入一直处于定性的线性关系:</blockquote></p><p><img src=\"https://static.tigerbbs.com/f105c314902d29dae4d0f0e400aa2245\" tg-width=\"640\" tg-height=\"396\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p><i>Source: VisualizedAnalytics.com</i></p><p><blockquote><i>资料来源:VisualizedAnalytics.com</i></blockquote></p><p>There is also a certain influence of the company's revenue growth rate on its multiples:</p><p><blockquote>公司营收增速对其倍数也有一定影响:</blockquote></p><p><img src=\"https://static.tigerbbs.com/8beca01b5624a15aab79465c580ded6b\" tg-width=\"640\" tg-height=\"396\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p><i>Source: VisualizedAnalytics.com</i></p><p><blockquote><i>资料来源:VisualizedAnalytics.com</i></blockquote></p><p>Based on these two relationships and taking into account the influence of the growth of theM2 money stockin the US, it is possible to build another model that allows us to determine the balanced level of the company's capitalization. In addition, this model allows to model the growth of the company's capitalization based on the current expectations of analysts regarding the company's revenue growth in the next four quarters. Here is this model:</p><p><blockquote>基于这两种关系,并考虑到美国货币存量增长的影响,有可能建立另一个模型,使我们能够确定公司资本的平衡水平。此外,该模型允许根据分析师当前对公司未来四个季度收入增长的预期来模拟公司资本增长。这是这个模型:</blockquote></p><p><img src=\"https://static.tigerbbs.com/083fa1dc350e5e54cc7d3145744c9e4c\" tg-width=\"640\" tg-height=\"396\" referrerpolicy=\"no-referrer\"><img src=\"https://static.tigerbbs.com/d63f0cff5e0dd83343d26ee90552a033\" tg-width=\"640\" tg-height=\"396\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p><i>Source: VisualizedAnalytics.com</i></p><p><blockquote><i>资料来源:VisualizedAnalytics.com</i></blockquote></p><p><i>As you can see, firstly, this model indicates that the company's current price is already</i><i><b>below the balanced level</b></i><i>. And secondly, it assumes a</i><i><b>25% growth</b></i><i>in capitalization in the next four quarters.</i></p><p><blockquote><i>大家可以看到,首先,这个模型表明公司目前的价格已经</i><i><b>低于平衡水平</b></i><i>其次,它假设</i><i><b>25%的增长</b></i><i>未来四个季度的资本化。</i></blockquote></p><p>#2 Comparative Valuation</p><p><blockquote>#2 比较估值</blockquote></p><p>In the previous block, I modeled Amazon's balanced price based on revenue. What is remarkable is that if we apply the same approach to the comparative valuation of the company using multiples, we will fail. At least I have not been able to find a single revenue-based multiple that would make it possible to successfully compare Amazon to other companies. But the forward P/E (next FY) multiple adjusted by the expected EPS annual growth rate made it possible to find a suitable model:</p><p><blockquote>在上一节中,我根据收入模拟了亚马逊的平衡价格。值得注意的是,如果我们对公司使用倍数的比较估值应用同样的方法,我们将失败。至少我还没有找到一个基于收入的倍数,可以成功地将亚马逊与其他公司进行比较。但根据预期每股收益年增长率调整的远期市盈率(下一财年)倍数使得找到合适的模型成为可能:</blockquote></p><p></p><p><img src=\"https://static.tigerbbs.com/97ac0310bcef622e12c8c21d46979f7e\" tg-width=\"640\" tg-height=\"396\" referrerpolicy=\"no-referrer\"><img src=\"https://static.tigerbbs.com/8d7573ff8a7fc00719a51042f09fc989\" tg-width=\"640\" tg-height=\"396\" referrerpolicy=\"no-referrer\"><i>Source: VisualizedAnalytics.com</i></p><p><blockquote><i>资料来源:VisualizedAnalytics.com</i></blockquote></p><p><i>As you can see, judging by this multiple, Amazon is significantly undervalued.</i></p><p><blockquote><i>正如你所看到的,从这个倍数来看,亚马逊被严重低估了。</i></blockquote></p><p>#3 Discounted Cash Flow Model</p><p><blockquote>#3 贴现现金流模型</blockquote></p><p>When predicting Amazon's revenue for the next decade, I proceeded from the average expectations ofanalysts:</p><p><blockquote>在预测亚马逊未来十年的收入时,我从分析师的平均预期出发:</blockquote></p><p><img src=\"https://static.tigerbbs.com/9f41298db73dbcd92469026cc4e767c4\" tg-width=\"640\" tg-height=\"323\" referrerpolicy=\"no-referrer\"><i>Source: Seeking Alpha Pro</i></p><p><blockquote><i>资料来源:Seeking Alpha Pro</i></blockquote></p><p>When predicting the dynamics of Amazon's operating margin, I also proceeded from analysts'expectationsregarding the growth of the company's EPS, and taking into account the gradual increase in the tax rate to 25%. In my opinion, a gradual increase in the operating margin to 8% in the terminal year is a very realistic scenario.</p><p><blockquote>在预测亚马逊营业利润率的动态时,我还从分析师对该公司每股收益增长的预期出发,并考虑到税率逐渐提高到25%。在我看来,营业利润率在最后一年逐步增加到8%是一个非常现实的场景。</blockquote></p><p>Here is the calculation of the Weighted Average Cost of Capital:</p><p><blockquote>以下是加权平均资本成本的计算方法:</blockquote></p><p><img src=\"https://static.tigerbbs.com/759163398701e54efd7cfabd11a0867d\" tg-width=\"480\" tg-height=\"374\" referrerpolicy=\"no-referrer\"><i>Source: Author</i></p><p><blockquote><i>来源:作者</i></blockquote></p><p>Some explanations:</p><p><blockquote>一些解释:</blockquote></p><p><ul><li>In order to calculate the market rate of return, I used values of equityriskpremium (4.72%) and the current yield of UST10 as a risk-free rate (1.6%).</li><li>I used the currentvalueof the three-year beta coefficient (0.92). For the terminal year, I used Beta equal to 1.</li><li>To calculate the Cost of Debt, I used the interest expense for 2019 and 2020 divided by the debt value for the same years.</li></ul>Here is the model itself:</p><p><blockquote><ul><li>为了计算市场回报率,我使用股票风险溢价(4.72%)和UST10的当前收益率作为无风险利率(1.6%)。</li><li>我使用了三年贝塔系数的当前值(0.92)。对于最后一年,我使用了等于1的Beta。</li><li>为了计算债务成本,我使用了2019年和2020年的利息支出除以同年的债务价值。</li></ul>这是模型本身:</blockquote></p><p><img src=\"https://static.tigerbbs.com/0df02bca01b3ef74d3b640d95eb00590\" tg-width=\"640\" tg-height=\"528\" referrerpolicy=\"no-referrer\">(In high resolution)</p><p><blockquote>(高分辨率)</blockquote></p><p><i>Source: Author</i></p><p><blockquote><i>来源:作者</i></blockquote></p><p><i>The DCF-based target price of Amazon's shares is $4,280, offering 29% upside.</i></p><p><blockquote><i>基于 DCF 的亚马逊股票目标价为 4,280 美元,上涨空间为 29%。</i></blockquote></p><p>Final thoughts</p><p><blockquote>最后的想法</blockquote></p><p><ol><li>Amazon is one of the companies whose growth has not yet reached its limit and not even entered the plateau phase. In a sense, this is a startup with $73 billion cash.</li><li>The fact that Amazon remains in the acceleration phase does not mean that its capitalization is constantly undervalued. But in this case, based on the patterns between the company's capitalization and the parameters of its revenue, we can conclude that the company is<b>undervalued</b>.</li><li>Comparing Amazon to other companies through the prism of expected EPS growth, it must be admitted that the company is<b>much cheaper</b>than the market.</li><li>DCF model based on average expectations analysts indicate a 30% undervaluation. At the start of the year, a similarmodelindicated a 20% undervaluation.</li><li>When you look at Amazon's revenue forecast for the next decade, you realize that the company will face growth problems. But in my opinion,<i>it is better to invest in a company facing growth problems than aging problems</i>.</li></ol></p><p><blockquote><ol><li>亚马逊是增长尚未达到极限,甚至尚未进入平台期的公司之一。从某种意义上说,这是一家拥有730亿美元现金的初创公司。</li><li>亚马逊仍处于加速阶段,并不意味着其资本化不断被低估。但在这种情况下,根据公司的资本和收入参数之间的模式,我们可以得出结论,该公司是<b>被低估</b>.</li><li>通过预期每股收益增长的棱镜将亚马逊与其他公司进行比较,必须承认该公司是<b>便宜多了</b>比市场。</li><li>基于平均预期的 DCF 模型分析师表明估值被低估了 30%。今年年初,一个类似的模型表明估值被低估了 20%。</li><li>当你看到亚马逊未来十年的收入预测时,你会意识到该公司将面临增长问题。但在我看来,<i>投资一家面临增长问题的公司比投资老龄化问题更好</i>.</li></ol></blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源:<a href=\"https://seekingalpha.com/article/4424794-amazon-clearly-undervalued-company\">Seeking alpha</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":{"AMZN":"亚马逊"},"source_url":"https://seekingalpha.com/article/4424794-amazon-clearly-undervalued-company","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1157328258","content_text":"SummaryAmazon is one of the companies whose growth has not yet reached its limit and not even entered the plateau phase.In terms of comparative valuation, AMZN is undervalued against the market.DCF-based Amazon stock price target suggests 30% upside potential. But I think this is not even a basic scenario, but a pessimistic scenario.I present my comprehensive Amazon (AMZN) analysis in light of the results of the last quarter.#1 Price vs. GrowthFirst of all, let's assess whether we can statistically state that Amazon's growth has accelerated or slowed down in the last quarter. To do this, let's compare the revenue growth trends of the key segments of the company with and without the results of the last four quarters.The dynamics of the 'Online Stores' segment showed a qualitative breakthrough. Without taking into account the last four quarters, a near-linear trend was observed here. Now, it has become exponential:Source: VisualizedAnalytics.comThe 'Third-Party Seller Services' segment - the exponential growth continues:Source: VisualizedAnalytics.comThe 'Subscription Services' (Amazon Prime) segment - here the acceleration remains, and the result of the last quarter was better than the trend:Source: VisualizedAnalytics.comThe 'Other' (advertising services) segment has also showed a significant acceleration:Source: VisualizedAnalytics.comThe growth trend of 'Amazon Web Services' has slowed down, but judging by the results of the last quarter, there is a gradual return to the previous trend:Source: VisualizedAnalytics.comGeographically, Amazon's revenue was also significantly better than the trend:Source: VisualizedAnalytics.comSo, statistically, not subjectively, we should recognize the acceleration of the company's growthin all key segments. In my opinion, this is exactly what is expected from Amazon.Further. Over the last 10 years, Amazon's capitalization has been in a qualitative linear relationship with its revenue:Source: VisualizedAnalytics.comThere is also a certain influence of the company's revenue growth rate on its multiples:Source: VisualizedAnalytics.comBased on these two relationships and taking into account the influence of the growth of theM2 money stockin the US, it is possible to build another model that allows us to determine the balanced level of the company's capitalization. In addition, this model allows to model the growth of the company's capitalization based on the current expectations of analysts regarding the company's revenue growth in the next four quarters. Here is this model:Source: VisualizedAnalytics.comAs you can see, firstly, this model indicates that the company's current price is alreadybelow the balanced level. And secondly, it assumes a25% growthin capitalization in the next four quarters.#2 Comparative ValuationIn the previous block, I modeled Amazon's balanced price based on revenue. What is remarkable is that if we apply the same approach to the comparative valuation of the company using multiples, we will fail. At least I have not been able to find a single revenue-based multiple that would make it possible to successfully compare Amazon to other companies. But the forward P/E (next FY) multiple adjusted by the expected EPS annual growth rate made it possible to find a suitable model:Source: VisualizedAnalytics.comAs you can see, judging by this multiple, Amazon is significantly undervalued.#3 Discounted Cash Flow ModelWhen predicting Amazon's revenue for the next decade, I proceeded from the average expectations ofanalysts:Source: Seeking Alpha ProWhen predicting the dynamics of Amazon's operating margin, I also proceeded from analysts'expectationsregarding the growth of the company's EPS, and taking into account the gradual increase in the tax rate to 25%. In my opinion, a gradual increase in the operating margin to 8% in the terminal year is a very realistic scenario.Here is the calculation of the Weighted Average Cost of Capital:Source: AuthorSome explanations:In order to calculate the market rate of return, I used values of equityriskpremium (4.72%) and the current yield of UST10 as a risk-free rate (1.6%).I used the currentvalueof the three-year beta coefficient (0.92). For the terminal year, I used Beta equal to 1.To calculate the Cost of Debt, I used the interest expense for 2019 and 2020 divided by the debt value for the same years.Here is the model itself:(In high resolution)Source: AuthorThe DCF-based target price of Amazon's shares is $4,280, offering 29% upside.Final thoughtsAmazon is one of the companies whose growth has not yet reached its limit and not even entered the plateau phase. In a sense, this is a startup with $73 billion cash.The fact that Amazon remains in the acceleration phase does not mean that its capitalization is constantly undervalued. But in this case, based on the patterns between the company's capitalization and the parameters of its revenue, we can conclude that the company isundervalued.Comparing Amazon to other companies through the prism of expected EPS growth, it must be admitted that the company ismuch cheaperthan the market.DCF model based on average expectations analysts indicate a 30% undervaluation. At the start of the year, a similarmodelindicated a 20% undervaluation.When you look at Amazon's revenue forecast for the next decade, you realize that the company will face growth problems. But in my opinion,it is better to invest in a company facing growth problems than aging problems.","news_type":1,"symbols_score_info":{"AMZN":0.9}},"isVote":1,"tweetType":1,"viewCount":2749,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":105309556,"gmtCreate":1620267089575,"gmtModify":1634206510843,"author":{"id":"3577496233814703","authorId":"3577496233814703","name":"pinghu","avatar":"https://static.tigerbbs.com/42c1937c871b61f4912f7e80672da554","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577496233814703","authorIdStr":"3577496233814703"},"themes":[],"title":"","htmlText":"Like n comment pls","listText":"Like n comment pls","text":"Like n comment pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/105309556","repostId":"2133652936","repostType":4,"isVote":1,"tweetType":1,"viewCount":2073,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":102198855,"gmtCreate":1620182066477,"gmtModify":1634207162452,"author":{"id":"3577496233814703","authorId":"3577496233814703","name":"pinghu","avatar":"https://static.tigerbbs.com/42c1937c871b61f4912f7e80672da554","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577496233814703","authorIdStr":"3577496233814703"},"themes":[],"title":"","htmlText":"Like n comment pls! ","listText":"Like n comment pls! ","text":"Like n comment pls!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/102198855","repostId":"2133496615","repostType":4,"repost":{"id":"2133496615","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":1620168310,"share":"https://www.laohunote.com/m/news/2133496615?lang=zh_CN&edition=full","pubTime":"2021-05-05 06:45","market":"us","language":"en","title":"Lyft Reports Q1 Loss, Tops Revenue Estimates<blockquote>Lyft报告第一季度亏损,超出收入预期</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=2133496615","media":"Tiger Newspress","summary":"Lyft (LYFT) came out with a quarterly loss of $0.36 per share versus the Zacks Consensus Estimate of","content":"<p>Lyft (LYFT) came out with a quarterly loss of $0.36 per share versus the Zacks Consensus Estimate of a loss of $0.54. This compares to loss of $0.32 per share a year ago. These figures are adjusted for non-recurring items.<img src=\"https://static.tigerbbs.com/651ff3d08017f1f15d9880114c8abd93\" tg-width=\"883\" tg-height=\"638\" referrerpolicy=\"no-referrer\"></p><p><blockquote>Lyft(Lyft)公布的季度亏损为每股 0.36 美元,而 Zacks 普遍预期亏损为 0.54 美元。相比之下,一年前每股亏损 0.32 美元。这些数字就非经常性项目进行了调整。</blockquote></p><p>This quarterly report represents an earnings surprise of 33.33%. A quarter ago, it was expected that this ride-hailing company would post a loss of $0.71 per share when it actually produced a loss of $0.58, delivering a surprise of 18.31%.</p><p><blockquote>本季度报告的盈利惊喜高达 33.33%。一个季度前,预计这家叫车公司每股亏损 0.71 美元,但实际亏损 0.58 美元,令人惊讶地增长了 18.31%。</blockquote></p><p>Over the last four quarters, the company has surpassed consensus EPS estimates three times.</p><p><blockquote>在过去四个季度中,该公司的每股收益已三次超出市场普遍预期。</blockquote></p><p>Lyft, which belongs to the Zacks Internet - Services industry, posted revenues of $608.96 million for the quarter ended March 2021, surpassing the Zacks Consensus Estimate by 9.36%. This compares to year-ago revenues of $955.71 million. The company has topped consensus revenue estimates four times over the last four quarters.</p><p><blockquote>Lyft属于 Zacks 互联网服务行业,截至 2021 年 3 月的季度收入为 6.0896 亿美元,超出 Zacks 共识预期 9.36%。相比之下,去年同期的收入为 9.5571 亿美元。在过去四个季度中,该公司的收入四次超出市场普遍预期。</blockquote></p><p>The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call.</p><p><blockquote>基于最近公布的数据和未来盈利预期的股票即时价格变动的可持续性将主要取决于管理层对盈利看涨期权的评论。</blockquote></p><p>Lyft shares have added about 16.2% since the beginning of the year versus the S&P 500's gain of 11.6%.<img src=\"https://static.tigerbbs.com/7066516d47be68e5cc37bf78707b5d1d\" tg-width=\"703\" tg-height=\"517\" referrerpolicy=\"no-referrer\"><b>What's Next for Lyft?</b></p><p><blockquote>自今年年初以来,Lyft股价上涨了约 16.2%,而标准普尔 500 指数则上涨了 11.6%。<b>Lyft的下一步是什么?</b></blockquote></p><p>While Lyft has outperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock?</p><p><blockquote>尽管Lyft今年迄今为止的表现优于市场,但投资者想到的问题是:该股的下一步走势是什么?</blockquote></p><p>There are no easy answers to this key question, but <a href=\"https://laohu8.com/S/AONE\">one</a> reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately.</p><p><blockquote>这个关键问题没有简单的答案,但是<a href=\"https://laohu8.com/S/AONE\">一</a>可以帮助投资者解决这个问题的可靠指标是公司的盈利前景。这不仅包括当前对未来几个季度的普遍盈利预期,还包括这些预期最近的变化。</blockquote></p><p>Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions.</p><p><blockquote>实证研究表明,近期股票走势与盈利预测修正趋势之间存在很强的相关性。投资者可以自行跟踪此类修正,也可以依赖 Zacks Rank 等久经考验的评级工具,该工具在利用盈利预测修正的力量方面拥有令人印象深刻的记录。</blockquote></p><p>Ahead of this earnings release, the estimate revisions trend for Lyft was mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.</p><p><blockquote>在本次财报发布之前,Lyft的预期修正趋势好坏参半。虽然在公司刚刚发布的收益报告后,预估修正的幅度和方向可能会发生变化,但目前的状态转化为该股的 Zacks 排名#3(持有)。因此,预计该股在不久的将来会与市场保持一致。您可以在此处查看今日 Zacks 排名第一(强力买入)股票的完整列表。</blockquote></p><p>It will be interesting to see how estimates for the coming quarters and current fiscal year change in the days ahead. The current consensus EPS estimate is -$0.41 on $684.71 million in revenues for the coming quarter and -$1.13 on $3.17 billion in revenues for the current fiscal year.</p><p><blockquote>看看未来几天对未来几个季度和当前财年的预测如何变化将会很有趣。目前普遍的每股收益预期为-0.41美元,下一季度的收入为6.8471亿美元,本财年的收入为31.7亿美元,为-1.13美元。</blockquote></p><p>Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Internet - Services is currently in the bottom 26% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.</p><p><blockquote>投资者应该注意这样一个事实,即行业的前景也可能对股票的表现产生重大影响。就 Zacks 行业排名而言,互联网服务目前在 250 多个 Zacks 行业中排名倒数 26%。我们的研究表明,Zacks 排名前 50% 的行业的表现比垫底 50% 的行业高出 2 比 1 以上。</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>Lyft Reports Q1 Loss, Tops Revenue Estimates<blockquote>Lyft报告第一季度亏损,超出收入预期</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\">\nLyft Reports Q1 Loss, Tops Revenue Estimates<blockquote>Lyft报告第一季度亏损,超出收入预期</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\">2021-05-05 06:45</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>Lyft (LYFT) came out with a quarterly loss of $0.36 per share versus the Zacks Consensus Estimate of a loss of $0.54. This compares to loss of $0.32 per share a year ago. These figures are adjusted for non-recurring items.<img src=\"https://static.tigerbbs.com/651ff3d08017f1f15d9880114c8abd93\" tg-width=\"883\" tg-height=\"638\" referrerpolicy=\"no-referrer\"></p><p><blockquote>Lyft(Lyft)公布的季度亏损为每股 0.36 美元,而 Zacks 普遍预期亏损为 0.54 美元。相比之下,一年前每股亏损 0.32 美元。这些数字就非经常性项目进行了调整。</blockquote></p><p>This quarterly report represents an earnings surprise of 33.33%. A quarter ago, it was expected that this ride-hailing company would post a loss of $0.71 per share when it actually produced a loss of $0.58, delivering a surprise of 18.31%.</p><p><blockquote>本季度报告的盈利惊喜高达 33.33%。一个季度前,预计这家叫车公司每股亏损 0.71 美元,但实际亏损 0.58 美元,令人惊讶地增长了 18.31%。</blockquote></p><p>Over the last four quarters, the company has surpassed consensus EPS estimates three times.</p><p><blockquote>在过去四个季度中,该公司的每股收益已三次超出市场普遍预期。</blockquote></p><p>Lyft, which belongs to the Zacks Internet - Services industry, posted revenues of $608.96 million for the quarter ended March 2021, surpassing the Zacks Consensus Estimate by 9.36%. This compares to year-ago revenues of $955.71 million. The company has topped consensus revenue estimates four times over the last four quarters.</p><p><blockquote>Lyft属于 Zacks 互联网服务行业,截至 2021 年 3 月的季度收入为 6.0896 亿美元,超出 Zacks 共识预期 9.36%。相比之下,去年同期的收入为 9.5571 亿美元。在过去四个季度中,该公司的收入四次超出市场普遍预期。</blockquote></p><p>The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call.</p><p><blockquote>基于最近公布的数据和未来盈利预期的股票即时价格变动的可持续性将主要取决于管理层对盈利看涨期权的评论。</blockquote></p><p>Lyft shares have added about 16.2% since the beginning of the year versus the S&P 500's gain of 11.6%.<img src=\"https://static.tigerbbs.com/7066516d47be68e5cc37bf78707b5d1d\" tg-width=\"703\" tg-height=\"517\" referrerpolicy=\"no-referrer\"><b>What's Next for Lyft?</b></p><p><blockquote>自今年年初以来,Lyft股价上涨了约 16.2%,而标准普尔 500 指数则上涨了 11.6%。<b>Lyft的下一步是什么?</b></blockquote></p><p>While Lyft has outperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock?</p><p><blockquote>尽管Lyft今年迄今为止的表现优于市场,但投资者想到的问题是:该股的下一步走势是什么?</blockquote></p><p>There are no easy answers to this key question, but <a href=\"https://laohu8.com/S/AONE\">one</a> reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately.</p><p><blockquote>这个关键问题没有简单的答案,但是<a href=\"https://laohu8.com/S/AONE\">一</a>可以帮助投资者解决这个问题的可靠指标是公司的盈利前景。这不仅包括当前对未来几个季度的普遍盈利预期,还包括这些预期最近的变化。</blockquote></p><p>Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions.</p><p><blockquote>实证研究表明,近期股票走势与盈利预测修正趋势之间存在很强的相关性。投资者可以自行跟踪此类修正,也可以依赖 Zacks Rank 等久经考验的评级工具,该工具在利用盈利预测修正的力量方面拥有令人印象深刻的记录。</blockquote></p><p>Ahead of this earnings release, the estimate revisions trend for Lyft was mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.</p><p><blockquote>在本次财报发布之前,Lyft的预期修正趋势好坏参半。虽然在公司刚刚发布的收益报告后,预估修正的幅度和方向可能会发生变化,但目前的状态转化为该股的 Zacks 排名#3(持有)。因此,预计该股在不久的将来会与市场保持一致。您可以在此处查看今日 Zacks 排名第一(强力买入)股票的完整列表。</blockquote></p><p>It will be interesting to see how estimates for the coming quarters and current fiscal year change in the days ahead. The current consensus EPS estimate is -$0.41 on $684.71 million in revenues for the coming quarter and -$1.13 on $3.17 billion in revenues for the current fiscal year.</p><p><blockquote>看看未来几天对未来几个季度和当前财年的预测如何变化将会很有趣。目前普遍的每股收益预期为-0.41美元,下一季度的收入为6.8471亿美元,本财年的收入为31.7亿美元,为-1.13美元。</blockquote></p><p>Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Internet - Services is currently in the bottom 26% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.</p><p><blockquote>投资者应该注意这样一个事实,即行业的前景也可能对股票的表现产生重大影响。就 Zacks 行业排名而言,互联网服务目前在 250 多个 Zacks 行业中排名倒数 26%。我们的研究表明,Zacks 排名前 50% 的行业的表现比垫底 50% 的行业高出 2 比 1 以上。</blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://s.yimg.com/uu/api/res/1.2/ffKO.4EbCj1BJM65zWy0mg--~B/aD02MDE7dz05MDA7YXBwaWQ9eXRhY2h5b24-/https://s.yimg.com/uu/api/res/1.2/QOfludHza1dTKV8R6Coeiw--~B/aD02MDE7dz05MDA7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/en/zacks.com/48ad4265c55e3ba7a1fb9148d6e717d9","relate_stocks":{"LYFT":"Lyft, Inc."},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2133496615","content_text":"Lyft (LYFT) came out with a quarterly loss of $0.36 per share versus the Zacks Consensus Estimate of a loss of $0.54. This compares to loss of $0.32 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 33.33%. A quarter ago, it was expected that this ride-hailing company would post a loss of $0.71 per share when it actually produced a loss of $0.58, delivering a surprise of 18.31%.Over the last four quarters, the company has surpassed consensus EPS estimates three times.Lyft, which belongs to the Zacks Internet - Services industry, posted revenues of $608.96 million for the quarter ended March 2021, surpassing the Zacks Consensus Estimate by 9.36%. This compares to year-ago revenues of $955.71 million. The company has topped consensus revenue estimates four times over the last four quarters.The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call.Lyft shares have added about 16.2% since the beginning of the year versus the S&P 500's gain of 11.6%.What's Next for Lyft?While Lyft has outperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock?There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately.Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions.Ahead of this earnings release, the estimate revisions trend for Lyft was mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.It will be interesting to see how estimates for the coming quarters and current fiscal year change in the days ahead. The current consensus EPS estimate is -$0.41 on $684.71 million in revenues for the coming quarter and -$1.13 on $3.17 billion in revenues for the current fiscal year.Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Internet - Services is currently in the bottom 26% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.","news_type":1,"symbols_score_info":{"LYFT":0.9}},"isVote":1,"tweetType":1,"viewCount":2438,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":102371026,"gmtCreate":1620180392065,"gmtModify":1634207177164,"author":{"id":"3577496233814703","authorId":"3577496233814703","name":"pinghu","avatar":"https://static.tigerbbs.com/42c1937c871b61f4912f7e80672da554","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577496233814703","authorIdStr":"3577496233814703"},"themes":[],"title":"","htmlText":"<a href=\"https://laohu8.com/S/AAPL\">$Apple(AAPL)$</a>Like n comment pls","listText":"<a href=\"https://laohu8.com/S/AAPL\">$Apple(AAPL)$</a>Like n comment pls","text":"$Apple(AAPL)$Like n comment pls","images":[{"img":"https://static.tigerbbs.com/21cb26f489a3ecc4c4cb11ec9e54ed90","width":"1170","height":"2026"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/102371026","isVote":1,"tweetType":1,"viewCount":2659,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":106633752,"gmtCreate":1620108832476,"gmtModify":1634207732852,"author":{"id":"3577496233814703","authorId":"3577496233814703","name":"pinghu","avatar":"https://static.tigerbbs.com/42c1937c871b61f4912f7e80672da554","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577496233814703","authorIdStr":"3577496233814703"},"themes":[],"title":"","htmlText":"Like n comment pls tq","listText":"Like n comment pls tq","text":"Like n comment pls tq","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/106633752","repostId":"1177826324","repostType":4,"repost":{"id":"1177826324","kind":"news","pubTimestamp":1620099029,"share":"https://www.laohunote.com/m/news/1177826324?lang=zh_CN&edition=full","pubTime":"2021-05-04 11:30","market":"us","language":"en","title":"Ethereum at $5,000? One financial advisor CEO says it could happen this week<blockquote>5000美元的以太币?一位财务顾问首席执行官表示这可能会在本周发生</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1177826324","media":"Fortune","summary":"Our mission to make business better is fueled by readers like you. To enjoy unlimited access to our ","content":"<p>Our mission to make business better is fueled by readers like you. To enjoy unlimited access to our journalism,subscribe today.</p><p><blockquote>像您这样的读者推动了我们让业务变得更好的使命。要无限制地访问我们的新闻报道, 请立即订阅。</blockquote></p><p> Ethereum continued its record run Monday, once again hitting an all-time high of $3,204, but the CEO of one financial advisory firm says he believes the crypto will top $5,000 within the next week.</p><p><blockquote>以太币周一继续创纪录,再次创下 3,204 美元的历史新高,但一家财务咨询公司的首席执行官表示,他相信加密货币将在下周内突破 5,000 美元。</blockquote></p><p> Nigel Green, CEO and founder of deVere Group, saysEthereum’stime has come—and the digital currency is well positioned to increase its market share.</p><p><blockquote>deVere Group 首席执行官兼创始人奈杰尔-格林(Nigel Green)表示,以太坊的时机已经到来,这种数字货币有望扩大其市场份额。</blockquote></p><p> “Ether is one of the main beneficiaries in the wider explosion in the cryptocurrency market,” he said. “The boom over recent months has been fueled by soaring interest from major institutional investors and growing recognition that borderless digital currencies are the future of money. This momentum is likely to build further in the near-term and I believe Ether will hit $5,000 within seven days.”</p><p><blockquote>“他说:”以太币是加密货币市场更广泛爆炸式增长的主要受益者之一。“近几个月来,大型机构投资者的兴趣飙升,以及人们越来越认识到无边界数字货币是货币的未来,推动了这种繁荣。这种势头可能会在短期内进一步增强,我相信以太币将在七天内达到 5000 美元。”</blockquote></p><p> Ethereum, the world’ssecond largest cryptocurrency, is up more than 321% year to date, compared to a 98% increase in the price of Bitcoin, but it hasn’t captured quite the same zeitgeist among investors.</p><p><blockquote>以太币是全球第二大加密货币,今年迄今已上涨超过 321%,而比特币的价格上涨了 98%,但它并没有抓住投资者的时代精神。</blockquote></p><p> Green argues it’s a more scalable currency and has a superior blockchain technology.</p><p><blockquote>格林认为,它是一种更具可扩展性的货币,并拥有卓越的区块链技术。</blockquote></p><p> Ethereum has been on an upswing for several days after the European Investment Bank issued its first-ever digital bond sale on the Ethereum blockchain network. Bloomberg reported the sale will be led byGoldman Sachs, Banco Santander, andSociete Generale.</p><p><blockquote>在欧洲投资银行在以太币区块链网络上发行有史以来首次数字债券销售后,以太币已经连续几天上涨。彭博社报道称,此次出售将由高盛、桑坦德银行和法国兴业银行牵头。</blockquote></p><p> The supply of Ethereum has also been dropping amid increased demand and businesses have been investing in startups that revolve around Ethereum, including such big names asMastercard, UBS, and JPMorgan. A $1,000investment in Ether in 2015 would be worthover $4.7 million today.</p><p><blockquote>随着需求的增加,以太币的供应也在下降,企业一直在投资围绕以太币的初创公司,包括万事达卡、瑞银和摩根大通等大公司。2015 年在以太币上投资 1,000 美元,今天的价值将超过 470 万美元。</blockquote></p><p> “Ethereum is already years ahead of Bitcoin in everything but price and fame,” said Green. “There’s a real sense that 2021 is the year for Ether. Its time has come.”</p><p><blockquote>“格林说:”除了价格和名气,以太币在各方面都已经领先比特币数年。“格林说:”人们确实觉得 2021 年是以太年。时机已经到来。</blockquote></p><p></p>","source":"lsy1618285953446","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>Ethereum at $5,000? One financial advisor CEO says it could happen this week<blockquote>5000美元的以太币?一位财务顾问首席执行官表示这可能会在本周发生</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\">\nEthereum at $5,000? One financial advisor CEO says it could happen this week<blockquote>5000美元的以太币?一位财务顾问首席执行官表示这可能会在本周发生</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Fortune</strong><span class=\"h-time small\">2021-05-04 11:30</span>\n</p>\n</h4>\n</header>\n<article>\n<p>Our mission to make business better is fueled by readers like you. To enjoy unlimited access to our journalism,subscribe today.</p><p><blockquote>像您这样的读者推动了我们让业务变得更好的使命。要无限制地访问我们的新闻报道, 请立即订阅。</blockquote></p><p> Ethereum continued its record run Monday, once again hitting an all-time high of $3,204, but the CEO of one financial advisory firm says he believes the crypto will top $5,000 within the next week.</p><p><blockquote>以太币周一继续创纪录,再次创下 3,204 美元的历史新高,但一家财务咨询公司的首席执行官表示,他相信加密货币将在下周内突破 5,000 美元。</blockquote></p><p> Nigel Green, CEO and founder of deVere Group, saysEthereum’stime has come—and the digital currency is well positioned to increase its market share.</p><p><blockquote>deVere Group 首席执行官兼创始人奈杰尔-格林(Nigel Green)表示,以太坊的时机已经到来,这种数字货币有望扩大其市场份额。</blockquote></p><p> “Ether is one of the main beneficiaries in the wider explosion in the cryptocurrency market,” he said. “The boom over recent months has been fueled by soaring interest from major institutional investors and growing recognition that borderless digital currencies are the future of money. This momentum is likely to build further in the near-term and I believe Ether will hit $5,000 within seven days.”</p><p><blockquote>“他说:”以太币是加密货币市场更广泛爆炸式增长的主要受益者之一。“近几个月来,大型机构投资者的兴趣飙升,以及人们越来越认识到无边界数字货币是货币的未来,推动了这种繁荣。这种势头可能会在短期内进一步增强,我相信以太币将在七天内达到 5000 美元。”</blockquote></p><p> Ethereum, the world’ssecond largest cryptocurrency, is up more than 321% year to date, compared to a 98% increase in the price of Bitcoin, but it hasn’t captured quite the same zeitgeist among investors.</p><p><blockquote>以太币是全球第二大加密货币,今年迄今已上涨超过 321%,而比特币的价格上涨了 98%,但它并没有抓住投资者的时代精神。</blockquote></p><p> Green argues it’s a more scalable currency and has a superior blockchain technology.</p><p><blockquote>格林认为,它是一种更具可扩展性的货币,并拥有卓越的区块链技术。</blockquote></p><p> Ethereum has been on an upswing for several days after the European Investment Bank issued its first-ever digital bond sale on the Ethereum blockchain network. Bloomberg reported the sale will be led byGoldman Sachs, Banco Santander, andSociete Generale.</p><p><blockquote>在欧洲投资银行在以太币区块链网络上发行有史以来首次数字债券销售后,以太币已经连续几天上涨。彭博社报道称,此次出售将由高盛、桑坦德银行和法国兴业银行牵头。</blockquote></p><p> The supply of Ethereum has also been dropping amid increased demand and businesses have been investing in startups that revolve around Ethereum, including such big names asMastercard, UBS, and JPMorgan. A $1,000investment in Ether in 2015 would be worthover $4.7 million today.</p><p><blockquote>随着需求的增加,以太币的供应也在下降,企业一直在投资围绕以太币的初创公司,包括万事达卡、瑞银和摩根大通等大公司。2015 年在以太币上投资 1,000 美元,今天的价值将超过 470 万美元。</blockquote></p><p> “Ethereum is already years ahead of Bitcoin in everything but price and fame,” said Green. “There’s a real sense that 2021 is the year for Ether. Its time has come.”</p><p><blockquote>“格林说:”除了价格和名气,以太币在各方面都已经领先比特币数年。“格林说:”人们确实觉得 2021 年是以太年。时机已经到来。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源:<a href=\"https://fortune.com/2021/05/03/ethereum-price-ether-5000-dollars-record-high-crypto/\">Fortune</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":{"ETHE":"最大以太坊ETF-Grayscale"},"source_url":"https://fortune.com/2021/05/03/ethereum-price-ether-5000-dollars-record-high-crypto/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1177826324","content_text":"Our mission to make business better is fueled by readers like you. To enjoy unlimited access to our journalism,subscribe today.\nEthereum continued its record run Monday, once again hitting an all-time high of $3,204, but the CEO of one financial advisory firm says he believes the crypto will top $5,000 within the next week.\nNigel Green, CEO and founder of deVere Group, saysEthereum’stime has come—and the digital currency is well positioned to increase its market share.\n“Ether is one of the main beneficiaries in the wider explosion in the cryptocurrency market,” he said. “The boom over recent months has been fueled by soaring interest from major institutional investors and growing recognition that borderless digital currencies are the future of money. This momentum is likely to build further in the near-term and I believe Ether will hit $5,000 within seven days.”\nEthereum, the world’ssecond largest cryptocurrency, is up more than 321% year to date, compared to a 98% increase in the price of Bitcoin, but it hasn’t captured quite the same zeitgeist among investors.\nGreen argues it’s a more scalable currency and has a superior blockchain technology.\nEthereum has been on an upswing for several days after the European Investment Bank issued its first-ever digital bond sale on the Ethereum blockchain network. Bloomberg reported the sale will be led byGoldman Sachs, Banco Santander, andSociete Generale.\nThe supply of Ethereum has also been dropping amid increased demand and businesses have been investing in startups that revolve around Ethereum, including such big names asMastercard, UBS, and JPMorgan. A $1,000investment in Ether in 2015 would be worthover $4.7 million today.\n“Ethereum is already years ahead of Bitcoin in everything but price and fame,” said Green. “There’s a real sense that 2021 is the year for Ether. Its time has come.”","news_type":1,"symbols_score_info":{"ETHE":0.9}},"isVote":1,"tweetType":1,"viewCount":2208,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":101147879,"gmtCreate":1619868618191,"gmtModify":1634209389751,"author":{"id":"3577496233814703","authorId":"3577496233814703","name":"pinghu","avatar":"https://static.tigerbbs.com/42c1937c871b61f4912f7e80672da554","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577496233814703","authorIdStr":"3577496233814703"},"themes":[],"title":"","htmlText":"Comment and like pls","listText":"Comment and like pls","text":"Comment and like pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":5,"repostSize":0,"link":"https://laohu8.com/post/101147879","repostId":"1142063705","repostType":4,"isVote":1,"tweetType":1,"viewCount":1202,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":103648792,"gmtCreate":1619781300216,"gmtModify":1634209987523,"author":{"id":"3577496233814703","authorId":"3577496233814703","name":"pinghu","avatar":"https://static.tigerbbs.com/42c1937c871b61f4912f7e80672da554","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577496233814703","authorIdStr":"3577496233814703"},"themes":[],"title":"","htmlText":"Like and comment please!","listText":"Like and comment please!","text":"Like and comment please!","images":[{"img":"https://static.tigerbbs.com/cc63eb6a4d0102fd2f058f9569798913","width":"1125","height":"2889"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/103648792","isVote":1,"tweetType":1,"viewCount":843,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":109366508,"gmtCreate":1619665453904,"gmtModify":1634210877217,"author":{"id":"3577496233814703","authorId":"3577496233814703","name":"pinghu","avatar":"https://static.tigerbbs.com/42c1937c871b61f4912f7e80672da554","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577496233814703","authorIdStr":"3577496233814703"},"themes":[],"title":"","htmlText":"like n comment thanks","listText":"like n comment thanks","text":"like n comment thanks","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/109366508","repostId":"1137964402","repostType":4,"repost":{"id":"1137964402","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":1619651546,"share":"https://www.laohunote.com/m/news/1137964402?lang=zh_CN&edition=full","pubTime":"2021-04-29 07:12","market":"us","language":"en","title":"Apple reports another blowout quarter with sales up 54%, authorizes $90 billion in share buybacks<blockquote>苹果报告另一个井喷季度销售额增长 54%,授权回购 900 亿美元股票</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1137964402","media":"Tiger Newspress","summary":"Apple reported a blowout quarter on Wednesday, announcing companywide sales up 54% higher than last year, and significantly stronger profits than Wall Street expected.Apple did not issue official guidance for what it expects in the quarter ending in June.Apple authorized $90 billion in share buybacks.Apple stock rose over 4% at one point in extended trading.Apple reported double-digit growth in every single one of its product categories, and its most important product line, the iPhone, was up 65","content":"<p><b>KEY POINTS</b></p><p><blockquote><b>要点</b></blockquote></p><p><ul><li>Apple reported a blowout quarter on Wednesday, announcing companywide sales up 54% higher than last year, and significantly stronger profits than Wall Street expected.</li><li>Apple did not issue official guidance for what it expects in the quarter ending in June.</li><li>Apple authorized $90 billion in share buybacks.</li></ul>Apple reported a blowout quarter on Wednesday, announcing companywide sales up 54% higher than last year, and significantly stronger profits than Wall Street expected.</p><p><blockquote><ul><li>苹果周三公布了一个井喷的季度,宣布全公司销售额比去年增长 54%,利润明显强于华尔街预期。</li><li>苹果没有就截至 6 月份的季度预期发布官方指引。</li><li>苹果授权900亿美元股票回购。</li></ul>苹果周三公布了一个井喷的季度,宣布全公司销售额比去年增长 54%,利润明显强于华尔街预期。</blockquote></p><p>Apple stock rose over 4% at one point in extended trading.</p><p><blockquote>苹果股价在盘后交易中一度上涨超过 4%。</blockquote></p><p><img src=\"https://static.tigerbbs.com/4e791f63f460807906f1793c2d58933e\" tg-width=\"1302\" tg-height=\"833\"></p><p><blockquote></blockquote></p><p>Apple reported double-digit growth in every single one of its product categories, and its most important product line, the iPhone, was up 65.5% from last year. Its Mac and iPad sales did better, with its computers up 70.1% and iPad sales growing nearly 79% on an annual basis.</p><p><blockquote>苹果报告称,其每个产品类别都实现了两位数的增长,其最重要的产品线 iPhone 比去年增长了 65.5%。其 Mac 和 iPad 销量表现更好,电脑销量同比增长 70.1%,iPad 销量同比增长近 79%。</blockquote></p><p>Apple said it would increase its dividend by 7% to $0.22 per share and authorized $90 billion in share buybacks, which is significantly higher than last year’s $50 billion outlay and 2019′s $75 billion.</p><p><blockquote>苹果表示,将把股息提高 7%,达到每股 0.22 美元,并授权回购 900 亿美元的股票,大大高于去年的 500 亿美元支出和 2019 年的 750 亿美元支出。</blockquote></p><p>Here’s how Apple did versus Refinitiv estimates:</p><p><blockquote>以下是苹果的表现与路孚特的估计:</blockquote></p><p><ul><li><b>EPS</b>: $1.40 vs. $0.99 estimated</li><li><b>Revenue</b>: $89.58 billion vs. $77.36 billion estimated, up 53.7% year-over-year</li><li><b>iPhone revenue</b>: $47.94 billion vs. $41.43 billion estimated, up 65.5% year-over-year</li><li><b>Services revenue</b>: $16.90 billion vs. $15.57 billion estimated, up 26.7% year over year</li><li><b>Other Products revenue</b>: $7.83 billion vs. $7.79 billion estimated, up 24% year-over-year</li><li><b>Mac revenue</b>: $9.10 billion vs. $6.86 billion estimated, up 70.1% year-over-year</li><li><b>iPad revenue</b>: $7.80 billion vs. $5.58 billion estimated, up 78.9% year-over-year</li><li><b>Gross margin</b>: 42.5% vs. 39.8% estimated</li></ul>Apple did not issue official guidance for what it expects in the quarter ending in June. It hasn’t provided revenue guidance since the start of the pandemic, citing uncertainty. This is Apple’s second quarter in a row with double-digit growth in all product categories. Apple CFO Luca Maestri told analysts that the company expects June quarter revenue to rise by double digits year-over-year, although it faces some supply shortages due to the worldwide chip shortage.</p><p><blockquote><ul><li><b>每股收益</b>:1.40美元对比。估计 0.99 美元</li><li><b>收入</b>:895.8 亿美元 vs.预计773.6亿美元,同比增长53.7%</li><li><b>iPhone收入</b>:479.4亿美元 vs.预计414.3亿美元,同比增长65.5%</li><li><b>服务收入</b>:169.0 亿美元 vs.预计155.7亿美元,同比增长26.7%</li><li><b>其他产品收入</b>:78.3 亿美元 vs.预计77.9亿美元,同比增长24%</li><li><b>Mac收入</b>:91亿美元 vs.预计68.6亿美元,同比增长70.1%</li><li><b>iPad收入</b>:78 亿美元 vs.预计55.8亿美元,同比增长78.9%</li><li><b>毛利率</b>:42.5% vs. 估计值39.8%</li></ul>苹果没有就截至 6 月份的季度预期发布官方指引。自大流行病开始以来,该公司一直没有提供收入指引,理由是存在不确定性。这是苹果连续第二个季度所有产品类别都实现两位数增长。苹果首席财务官卢卡-马埃斯特里(Luca Maestri)告诉分析师,该公司预计 6 月份季度的收入将同比增长两位数,尽管由于全球芯片短缺,该公司面临一些供应短缺。</blockquote></p><p>Apple has said in the past months that its business has been boosted by the pandemic as consumers and businesses bought computers to work and entertain themselves while at home. But Apple’s strong results in the quarter suggest that the trend may persist as more economies open up.</p><p><blockquote>苹果近几个月来表示,随着消费者和企业购买电脑在家工作和娱乐,疫情提振了其业务。但苹果本季度的强劲业绩表明,随着更多经济体的开放,这一趋势可能会持续下去。</blockquote></p><p>Or, as Apple CEO Tim Cook said in a statement: “This quarter reflects both the enduring ways our products have helped our users meet this moment in their own lives, as well as the optimism consumers seem to feel about better days ahead for all of us.”</p><p><blockquote>或者,正如苹果首席执行官蒂姆-库克(Tim Cook)在一份声明中所说: “本季度既反映了我们的产品帮助用户在自己的生活中迎接这一时刻的持久方式,也反映了消费者似乎对我们所有人未来更美好的日子感到乐观”。</blockquote></p><p>Mac sales were up 70%, and Cook said that the result was “fueled by” the company’s introduction of its Mac laptops that used its own M1 chips for longer battery life, instead of processors sold by Intel. iPad sales were up nearly 79% year-over-year.</p><p><blockquote>Mac 销量增长了 70%,库克说,这一结果 “得益于 ”该公司推出的 Mac 笔记本电脑使用自己的 M1 芯片,而不是英特尔销售的处理器,从而延长了电池寿命。iPad 销量同比增长近 79%。</blockquote></p><p>Neither of those results include iPad Pro or iMac models the company announced in March, which are expected to drive additional demand.</p><p><blockquote>这些结果都不包括该公司 3 月份宣布的 iPad Pro 或 iMac 型号,预计这将推动额外需求。</blockquote></p><p>“We’re seeing strong first-time buyers on the Mac … it continues to run just south of 50%,” Cook told CNBC’s Josh Lipton. “And, in China, it’s even higher than that … it’s more around two-thirds. And that speaks to people preferring to work on the Mac.”</p><p><blockquote>“库克告诉 CNBC 的乔希-利普顿(Josh Lipton):”我们看到 Mac 的首次购买者强劲.它的购买率继续徘徊在 50% 以下。“在中国,这一比例甚至更高.三分之二左右。这说明人们更喜欢在 Mac 上工作。”</blockquote></p><p>Apple’s iPhone also reported strong results this quarter, quelling fears that the current annual cycle could slow down. Last year, Apple released iPhones with a new exterior design and 5G support, which many investors believed could prompt a major upgrade cycle, which this quarter’s results indicate.</p><p><blockquote>苹果的 iPhone 本季度也公布了强劲的业绩,平息了人们对当前年度周期可能放缓的担忧。去年,苹果发布了采用全新外观设计和 5G 支持的 iPhone,许多投资者认为这可能会引发一次重大升级周期,本季度的业绩也表明了这一点。</blockquote></p><p>In greater China, which includes the mainland, Hong Kong, and Taiwan, Apple’s revenue increased over 87% year-over-year to $17.73 billion, although the comparison is to a quarter last year in which China was largely shut down in the early days of the pandemic. Every other geographical category, including the Americas and Europe, were also up on an annual basis.</p><p><blockquote>在包括中国大陆、中国香港和台湾地区在内的大中华区,苹果的收入同比增长超过 87%,达到 177.3 亿美元,但与去年的一个季度相比,去年中国在大流行病初期基本上处于停摆状态。包括美洲和欧洲在内的所有其他地区的收入也同比增长。</blockquote></p><p><img src=\"https://static.tigerbbs.com/37a8b45c92174e3c9ab224d9a85f5e2d\" tg-width=\"1910\" tg-height=\"1114\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p>Apple’s high-margin services business, including iCloud, App Store, and subscriptions like Apple Music, also showed 26.7% growth.</p><p><blockquote>苹果的高利润服务业务,包括 iCloud、App Store 和苹果音乐等订阅服务,也实现了 26.7% 的增长。</blockquote></p><p></p><p>One metric that Apple uses to show the growth in services is the number of subscriptions it has, which not only include its own subscriptions like Apple One, but also subscriptions through its App Store.</p><p><blockquote>苹果用来显示服务增长的一个指标是其订阅数量,其中不仅包括苹果一号等自己的订阅,还包括通过其应用商店的订阅。</blockquote></p><p>“We now have over 660 million paid subscriptions across the services on the platform, and that’s up 40 million from the previous quarter, which is an acceleration from 35 million,” Cook told CNBC.</p><p><blockquote>“库克告诉 CNBC:”我们现在平台上所有服务的付费订阅量超过 6.6 亿,比上一季度增加了 4000 万,比上一季度的 3500 万有所加快。</blockquote></p><p>However, Apple’s App Store has been challenged by lawmakers and companies that say it costs too much and has too much power. A closely-watched trial with Fortnite maker Epic Games over App Store policies kicks off next week.</p><p><blockquote>然而,苹果的 App Store 一直受到立法者和公司的质疑,他们认为它成本太高,权力太大。备受关注的堡垒之夜制造商Epic Games关于应用商店政策的审判将于下周开始。</blockquote></p><p>“The App Store has been an economic miracle. Last year, the estimates are that there was over a half a trillion dollars of economic activity because of the store. And, so, this has been just an economic gamechanger for not only the United States, but several countries around the world. And, we’re going to go in and tell our story. And we’ll see where it goes. But, we’re confident,” Cook told CNBC.</p><p><blockquote>“App Store 是一个经济奇迹。据估计,去年有超过 5 万亿美元的经济活动因为 App Store 而产生。因此,这不仅改变了美国的经济游戏规则,也改变了世界上几个国家的经济游戏规则。我们将走进去讲述我们的故事。我们拭目以待。但是,我们很有信心,”库克告诉 CNBC。</blockquote></p><p>Apple’s gross margin was also unusually elevated for the company. Most quarters, it tends to be in the 38% to 39% range, but in the quarter ending in March, Apple reported 42.5% margins.</p><p><blockquote>苹果的毛利率也异常高。大多数季度,利润率往往在 38% 至 39% 之间,但在截至 3 月份的季度,苹果报告的利润率为 42.5%。</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>Apple reports another blowout quarter with sales up 54%, authorizes $90 billion in share buybacks<blockquote>苹果报告另一个井喷季度销售额增长 54%,授权回购 900 亿美元股票</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nApple reports another blowout quarter with sales up 54%, authorizes $90 billion in share buybacks<blockquote>苹果报告另一个井喷季度销售额增长 54%,授权回购 900 亿美元股票</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\">2021-04-29 07:12</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p><b>KEY POINTS</b></p><p><blockquote><b>要点</b></blockquote></p><p><ul><li>Apple reported a blowout quarter on Wednesday, announcing companywide sales up 54% higher than last year, and significantly stronger profits than Wall Street expected.</li><li>Apple did not issue official guidance for what it expects in the quarter ending in June.</li><li>Apple authorized $90 billion in share buybacks.</li></ul>Apple reported a blowout quarter on Wednesday, announcing companywide sales up 54% higher than last year, and significantly stronger profits than Wall Street expected.</p><p><blockquote><ul><li>苹果周三公布了一个井喷的季度,宣布全公司销售额比去年增长 54%,利润明显强于华尔街预期。</li><li>苹果没有就截至 6 月份的季度预期发布官方指引。</li><li>苹果授权900亿美元股票回购。</li></ul>苹果周三公布了一个井喷的季度,宣布全公司销售额比去年增长 54%,利润明显强于华尔街预期。</blockquote></p><p>Apple stock rose over 4% at one point in extended trading.</p><p><blockquote>苹果股价在盘后交易中一度上涨超过 4%。</blockquote></p><p><img src=\"https://static.tigerbbs.com/4e791f63f460807906f1793c2d58933e\" tg-width=\"1302\" tg-height=\"833\"></p><p><blockquote></blockquote></p><p>Apple reported double-digit growth in every single one of its product categories, and its most important product line, the iPhone, was up 65.5% from last year. Its Mac and iPad sales did better, with its computers up 70.1% and iPad sales growing nearly 79% on an annual basis.</p><p><blockquote>苹果报告称,其每个产品类别都实现了两位数的增长,其最重要的产品线 iPhone 比去年增长了 65.5%。其 Mac 和 iPad 销量表现更好,电脑销量同比增长 70.1%,iPad 销量同比增长近 79%。</blockquote></p><p>Apple said it would increase its dividend by 7% to $0.22 per share and authorized $90 billion in share buybacks, which is significantly higher than last year’s $50 billion outlay and 2019′s $75 billion.</p><p><blockquote>苹果表示,将把股息提高 7%,达到每股 0.22 美元,并授权回购 900 亿美元的股票,大大高于去年的 500 亿美元支出和 2019 年的 750 亿美元支出。</blockquote></p><p>Here’s how Apple did versus Refinitiv estimates:</p><p><blockquote>以下是苹果的表现与路孚特的估计:</blockquote></p><p><ul><li><b>EPS</b>: $1.40 vs. $0.99 estimated</li><li><b>Revenue</b>: $89.58 billion vs. $77.36 billion estimated, up 53.7% year-over-year</li><li><b>iPhone revenue</b>: $47.94 billion vs. $41.43 billion estimated, up 65.5% year-over-year</li><li><b>Services revenue</b>: $16.90 billion vs. $15.57 billion estimated, up 26.7% year over year</li><li><b>Other Products revenue</b>: $7.83 billion vs. $7.79 billion estimated, up 24% year-over-year</li><li><b>Mac revenue</b>: $9.10 billion vs. $6.86 billion estimated, up 70.1% year-over-year</li><li><b>iPad revenue</b>: $7.80 billion vs. $5.58 billion estimated, up 78.9% year-over-year</li><li><b>Gross margin</b>: 42.5% vs. 39.8% estimated</li></ul>Apple did not issue official guidance for what it expects in the quarter ending in June. It hasn’t provided revenue guidance since the start of the pandemic, citing uncertainty. This is Apple’s second quarter in a row with double-digit growth in all product categories. Apple CFO Luca Maestri told analysts that the company expects June quarter revenue to rise by double digits year-over-year, although it faces some supply shortages due to the worldwide chip shortage.</p><p><blockquote><ul><li><b>每股收益</b>:1.40美元对比。估计 0.99 美元</li><li><b>收入</b>:895.8 亿美元 vs.预计773.6亿美元,同比增长53.7%</li><li><b>iPhone收入</b>:479.4亿美元 vs.预计414.3亿美元,同比增长65.5%</li><li><b>服务收入</b>:169.0 亿美元 vs.预计155.7亿美元,同比增长26.7%</li><li><b>其他产品收入</b>:78.3 亿美元 vs.预计77.9亿美元,同比增长24%</li><li><b>Mac收入</b>:91亿美元 vs.预计68.6亿美元,同比增长70.1%</li><li><b>iPad收入</b>:78 亿美元 vs.预计55.8亿美元,同比增长78.9%</li><li><b>毛利率</b>:42.5% vs. 估计值39.8%</li></ul>苹果没有就截至 6 月份的季度预期发布官方指引。自大流行病开始以来,该公司一直没有提供收入指引,理由是存在不确定性。这是苹果连续第二个季度所有产品类别都实现两位数增长。苹果首席财务官卢卡-马埃斯特里(Luca Maestri)告诉分析师,该公司预计 6 月份季度的收入将同比增长两位数,尽管由于全球芯片短缺,该公司面临一些供应短缺。</blockquote></p><p>Apple has said in the past months that its business has been boosted by the pandemic as consumers and businesses bought computers to work and entertain themselves while at home. But Apple’s strong results in the quarter suggest that the trend may persist as more economies open up.</p><p><blockquote>苹果近几个月来表示,随着消费者和企业购买电脑在家工作和娱乐,疫情提振了其业务。但苹果本季度的强劲业绩表明,随着更多经济体的开放,这一趋势可能会持续下去。</blockquote></p><p>Or, as Apple CEO Tim Cook said in a statement: “This quarter reflects both the enduring ways our products have helped our users meet this moment in their own lives, as well as the optimism consumers seem to feel about better days ahead for all of us.”</p><p><blockquote>或者,正如苹果首席执行官蒂姆-库克(Tim Cook)在一份声明中所说: “本季度既反映了我们的产品帮助用户在自己的生活中迎接这一时刻的持久方式,也反映了消费者似乎对我们所有人未来更美好的日子感到乐观”。</blockquote></p><p>Mac sales were up 70%, and Cook said that the result was “fueled by” the company’s introduction of its Mac laptops that used its own M1 chips for longer battery life, instead of processors sold by Intel. iPad sales were up nearly 79% year-over-year.</p><p><blockquote>Mac 销量增长了 70%,库克说,这一结果 “得益于 ”该公司推出的 Mac 笔记本电脑使用自己的 M1 芯片,而不是英特尔销售的处理器,从而延长了电池寿命。iPad 销量同比增长近 79%。</blockquote></p><p>Neither of those results include iPad Pro or iMac models the company announced in March, which are expected to drive additional demand.</p><p><blockquote>这些结果都不包括该公司 3 月份宣布的 iPad Pro 或 iMac 型号,预计这将推动额外需求。</blockquote></p><p>“We’re seeing strong first-time buyers on the Mac … it continues to run just south of 50%,” Cook told CNBC’s Josh Lipton. “And, in China, it’s even higher than that … it’s more around two-thirds. And that speaks to people preferring to work on the Mac.”</p><p><blockquote>“库克告诉 CNBC 的乔希-利普顿(Josh Lipton):”我们看到 Mac 的首次购买者强劲.它的购买率继续徘徊在 50% 以下。“在中国,这一比例甚至更高.三分之二左右。这说明人们更喜欢在 Mac 上工作。”</blockquote></p><p>Apple’s iPhone also reported strong results this quarter, quelling fears that the current annual cycle could slow down. Last year, Apple released iPhones with a new exterior design and 5G support, which many investors believed could prompt a major upgrade cycle, which this quarter’s results indicate.</p><p><blockquote>苹果的 iPhone 本季度也公布了强劲的业绩,平息了人们对当前年度周期可能放缓的担忧。去年,苹果发布了采用全新外观设计和 5G 支持的 iPhone,许多投资者认为这可能会引发一次重大升级周期,本季度的业绩也表明了这一点。</blockquote></p><p>In greater China, which includes the mainland, Hong Kong, and Taiwan, Apple’s revenue increased over 87% year-over-year to $17.73 billion, although the comparison is to a quarter last year in which China was largely shut down in the early days of the pandemic. Every other geographical category, including the Americas and Europe, were also up on an annual basis.</p><p><blockquote>在包括中国大陆、中国香港和台湾地区在内的大中华区,苹果的收入同比增长超过 87%,达到 177.3 亿美元,但与去年的一个季度相比,去年中国在大流行病初期基本上处于停摆状态。包括美洲和欧洲在内的所有其他地区的收入也同比增长。</blockquote></p><p><img src=\"https://static.tigerbbs.com/37a8b45c92174e3c9ab224d9a85f5e2d\" tg-width=\"1910\" tg-height=\"1114\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p>Apple’s high-margin services business, including iCloud, App Store, and subscriptions like Apple Music, also showed 26.7% growth.</p><p><blockquote>苹果的高利润服务业务,包括 iCloud、App Store 和苹果音乐等订阅服务,也实现了 26.7% 的增长。</blockquote></p><p></p><p>One metric that Apple uses to show the growth in services is the number of subscriptions it has, which not only include its own subscriptions like Apple One, but also subscriptions through its App Store.</p><p><blockquote>苹果用来显示服务增长的一个指标是其订阅数量,其中不仅包括苹果一号等自己的订阅,还包括通过其应用商店的订阅。</blockquote></p><p>“We now have over 660 million paid subscriptions across the services on the platform, and that’s up 40 million from the previous quarter, which is an acceleration from 35 million,” Cook told CNBC.</p><p><blockquote>“库克告诉 CNBC:”我们现在平台上所有服务的付费订阅量超过 6.6 亿,比上一季度增加了 4000 万,比上一季度的 3500 万有所加快。</blockquote></p><p>However, Apple’s App Store has been challenged by lawmakers and companies that say it costs too much and has too much power. A closely-watched trial with Fortnite maker Epic Games over App Store policies kicks off next week.</p><p><blockquote>然而,苹果的 App Store 一直受到立法者和公司的质疑,他们认为它成本太高,权力太大。备受关注的堡垒之夜制造商Epic Games关于应用商店政策的审判将于下周开始。</blockquote></p><p>“The App Store has been an economic miracle. Last year, the estimates are that there was over a half a trillion dollars of economic activity because of the store. And, so, this has been just an economic gamechanger for not only the United States, but several countries around the world. And, we’re going to go in and tell our story. And we’ll see where it goes. But, we’re confident,” Cook told CNBC.</p><p><blockquote>“App Store 是一个经济奇迹。据估计,去年有超过 5 万亿美元的经济活动因为 App Store 而产生。因此,这不仅改变了美国的经济游戏规则,也改变了世界上几个国家的经济游戏规则。我们将走进去讲述我们的故事。我们拭目以待。但是,我们很有信心,”库克告诉 CNBC。</blockquote></p><p>Apple’s gross margin was also unusually elevated for the company. Most quarters, it tends to be in the 38% to 39% range, but in the quarter ending in March, Apple reported 42.5% margins.</p><p><blockquote>苹果的毛利率也异常高。大多数季度,利润率往往在 38% 至 39% 之间,但在截至 3 月份的季度,苹果报告的利润率为 42.5%。</blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1137964402","content_text":"KEY POINTSApple reported a blowout quarter on Wednesday, announcing companywide sales up 54% higher than last year, and significantly stronger profits than Wall Street expected.Apple did not issue official guidance for what it expects in the quarter ending in June.Apple authorized $90 billion in share buybacks.Apple reported a blowout quarter on Wednesday, announcing companywide sales up 54% higher than last year, and significantly stronger profits than Wall Street expected.Apple stock rose over 4% at one point in extended trading.Apple reported double-digit growth in every single one of its product categories, and its most important product line, the iPhone, was up 65.5% from last year. Its Mac and iPad sales did better, with its computers up 70.1% and iPad sales growing nearly 79% on an annual basis.Apple said it would increase its dividend by 7% to $0.22 per share and authorized $90 billion in share buybacks, which is significantly higher than last year’s $50 billion outlay and 2019′s $75 billion.Here’s how Apple did versus Refinitiv estimates:EPS: $1.40 vs. $0.99 estimatedRevenue: $89.58 billion vs. $77.36 billion estimated, up 53.7% year-over-yeariPhone revenue: $47.94 billion vs. $41.43 billion estimated, up 65.5% year-over-yearServices revenue: $16.90 billion vs. $15.57 billion estimated, up 26.7% year over yearOther Products revenue: $7.83 billion vs. $7.79 billion estimated, up 24% year-over-yearMac revenue: $9.10 billion vs. $6.86 billion estimated, up 70.1% year-over-yeariPad revenue: $7.80 billion vs. $5.58 billion estimated, up 78.9% year-over-yearGross margin: 42.5% vs. 39.8% estimatedApple did not issue official guidance for what it expects in the quarter ending in June. It hasn’t provided revenue guidance since the start of the pandemic, citing uncertainty. This is Apple’s second quarter in a row with double-digit growth in all product categories. Apple CFO Luca Maestri told analysts that the company expects June quarter revenue to rise by double digits year-over-year, although it faces some supply shortages due to the worldwide chip shortage.Apple has said in the past months that its business has been boosted by the pandemic as consumers and businesses bought computers to work and entertain themselves while at home. But Apple’s strong results in the quarter suggest that the trend may persist as more economies open up.Or, as Apple CEO Tim Cook said in a statement: “This quarter reflects both the enduring ways our products have helped our users meet this moment in their own lives, as well as the optimism consumers seem to feel about better days ahead for all of us.”Mac sales were up 70%, and Cook said that the result was “fueled by” the company’s introduction of its Mac laptops that used its own M1 chips for longer battery life, instead of processors sold by Intel. iPad sales were up nearly 79% year-over-year.Neither of those results include iPad Pro or iMac models the company announced in March, which are expected to drive additional demand.“We’re seeing strong first-time buyers on the Mac … it continues to run just south of 50%,” Cook told CNBC’s Josh Lipton. “And, in China, it’s even higher than that … it’s more around two-thirds. And that speaks to people preferring to work on the Mac.”Apple’s iPhone also reported strong results this quarter, quelling fears that the current annual cycle could slow down. Last year, Apple released iPhones with a new exterior design and 5G support, which many investors believed could prompt a major upgrade cycle, which this quarter’s results indicate.In greater China, which includes the mainland, Hong Kong, and Taiwan, Apple’s revenue increased over 87% year-over-year to $17.73 billion, although the comparison is to a quarter last year in which China was largely shut down in the early days of the pandemic. Every other geographical category, including the Americas and Europe, were also up on an annual basis.Apple’s high-margin services business, including iCloud, App Store, and subscriptions like Apple Music, also showed 26.7% growth.One metric that Apple uses to show the growth in services is the number of subscriptions it has, which not only include its own subscriptions like Apple One, but also subscriptions through its App Store.“We now have over 660 million paid subscriptions across the services on the platform, and that’s up 40 million from the previous quarter, which is an acceleration from 35 million,” Cook told CNBC.However, Apple’s App Store has been challenged by lawmakers and companies that say it costs too much and has too much power. A closely-watched trial with Fortnite maker Epic Games over App Store policies kicks off next week.“The App Store has been an economic miracle. Last year, the estimates are that there was over a half a trillion dollars of economic activity because of the store. And, so, this has been just an economic gamechanger for not only the United States, but several countries around the world. And, we’re going to go in and tell our story. And we’ll see where it goes. But, we’re confident,” Cook told CNBC.Apple’s gross margin was also unusually elevated for the company. Most quarters, it tends to be in the 38% to 39% range, but in the quarter ending in March, Apple reported 42.5% margins.","news_type":1,"symbols_score_info":{"AAPL":0.9}},"isVote":1,"tweetType":1,"viewCount":982,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":109366681,"gmtCreate":1619665417743,"gmtModify":1634210877337,"author":{"id":"3577496233814703","authorId":"3577496233814703","name":"pinghu","avatar":"https://static.tigerbbs.com/42c1937c871b61f4912f7e80672da554","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577496233814703","authorIdStr":"3577496233814703"},"themes":[],"title":"","htmlText":"Daily mission","listText":"Daily mission","text":"Daily mission","images":[{"img":"https://static.tigerbbs.com/23f9980d939353ccc5d8ef0b9f6e4db3","width":"1125","height":"2802"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/109366681","isVote":1,"tweetType":1,"viewCount":980,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":100164213,"gmtCreate":1619590879332,"gmtModify":1634211496944,"author":{"id":"3577496233814703","authorId":"3577496233814703","name":"pinghu","avatar":"https://static.tigerbbs.com/42c1937c871b61f4912f7e80672da554","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577496233814703","authorIdStr":"3577496233814703"},"themes":[],"title":"","htmlText":"Like and comment pls!","listText":"Like and comment pls!","text":"Like and comment pls!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/100164213","repostId":"1124091974","repostType":4,"isVote":1,"tweetType":1,"viewCount":843,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":377973632,"gmtCreate":1619492706126,"gmtModify":1634212306484,"author":{"id":"3577496233814703","authorId":"3577496233814703","name":"pinghu","avatar":"https://static.tigerbbs.com/42c1937c871b61f4912f7e80672da554","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577496233814703","authorIdStr":"3577496233814703"},"themes":[],"title":"","htmlText":"Tesla number 1Pls like n comment thanks","listText":"Tesla number 1Pls like n comment thanks","text":"Tesla number 1Pls like n comment thanks","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/377973632","repostId":"1190086074","repostType":4,"repost":{"id":"1190086074","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":1619480390,"share":"https://www.laohunote.com/m/news/1190086074?lang=zh_CN&edition=full","pubTime":"2021-04-27 07:39","market":"us","language":"en","title":"Tesla posts record net income of $438 million, revenue surges by 74%<blockquote>特斯拉净利润创历史新高 4.38 亿美元,收入激增 74%</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1190086074","media":"Tiger Newspress","summary":"Tesla reported record net income of $438 million during the quarter, as well as earnings of 93 cents per share on $10.39 billion in revenue.In its earnings release, the company said it has weathered chip shortages that have plagued the auto industry in part by “pivoting extremely quickly to new microcontrollers, while simultaneously developing firmware for new chips made by new suppliers.”On an earnings call, CEO Elon Musk said the delayed new version of the company’s Model S sedan will be deliv","content":"<p><b>KEY POINTS</b></p><p><blockquote><b>要点</b></blockquote></p><p><ul><li>Tesla reported record net income of $438 million during the quarter, as well as earnings of 93 cents per share on $10.39 billion in revenue.</li><li>In its earnings release, the company said it has weathered chip shortages that have plagued the auto industry in part by “pivoting extremely quickly to new microcontrollers, while simultaneously developing firmware for new chips made by new suppliers.”</li><li>On an earnings call, CEO Elon Musk said the delayed new version of the company’s Model S sedan will be delivered starting in May 2021, and Model X deliveries will begin in the third quarter of the year.</li></ul>Tesla reported first-quarter results after the bell on Monday. The company beat expectations handily, buoyed by sales of bitcoin and regulatory credits, but the stock dipped as much as 2.5% after hours as investors digested the numbers.</p><p><blockquote><ul><li>特斯拉公布本季度净利润为创纪录的 4.38 亿美元,每股收益为 93 美分,营收为 103.9 亿美元。</li><li>该公司在财报发布中表示,它已经度过了困扰汽车行业的芯片短缺问题,部分原因是 “迅速转向新型微控制器,同时为新供应商生产的新芯片开发固件”。</li><li>首席执行官埃隆-马斯克(Elon Musk)在财报看涨期权上表示,公司推迟推出的 Model S 轿车新版本将于 2021 年 5 月开始交付,Model X 将于今年第三季度开始交付。</li></ul>特斯拉周一盘后公布了第一季度业绩。在比特币出售和监管信贷的提振下,该公司轻松超出预期,但随着投资者消化这些数据,该股盘后下跌了 2.5%。</blockquote></p><p><img src=\"https://static.tigerbbs.com/fec5c52f391c1077b749edc13b7b3417\" tg-width=\"1302\" tg-height=\"833\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p>Here’s how the company fared in the quarter, compared with analyst estimates compiled by Refinitiv:</p><p><blockquote>以下是该公司本季度的表现与 Refinitiv 编制的分析师预期的比较:</blockquote></p><p><ul><li><b>Earnings:</b>93 cents per share vs. 79 cents per share expected</li><li><b>Revenue:</b>$10.39 billion vs. $10.29 billion expected, up 74% from a year ago</li></ul>Net profit reached a quarterly record of $438 million on a GAAP basis, and the company recorded $518 million in revenue from sales of regulatory credits during the period. It also recorded a $101 million positive impact from sales of bitcoin during the quarter.</p><p><blockquote><ul><li><b>收益:</b>每股 93 美分,预计每股 79 美分</li><li><b>收入:</b>103.9 亿美元,而预期为 102.9 亿美元,同比增长 74%</li></ul>按公认会计准则计算,季度净利润达到创纪录的 4.38 亿美元,该公司在此期间从监管信用销售收入中获得 5.18 亿美元。本季度比特币销售额还带来了 1.01 亿美元的积极影响。</blockquote></p><p><img src=\"https://static.tigerbbs.com/107ab1e725bed375ea106bdf3024ec6a\" tg-width=\"1910\" tg-height=\"1097\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p>CEO Elon Musk’s electric vehicle business reported in the first quarter vehicle deliveries of 184,800 Model 3 and Model Y cars, beating expectations and setting a record for Tesla. However, the company also said it produced none of its higher-end Model S sedans or Model X SUVs for the period ending March. It delivered2,020 older Model S sedans and Model X SUVs from inventory.</p><p><blockquote>首席执行官埃隆-马斯克(Elon Musk)的电动汽车业务第一季度交付了 18.48 万辆 Model 3 和 Model Y 汽车,超出预期,创下了特斯拉的纪录。不过,该公司还表示,截至 3 月份,它没有生产任何高端 Model S 轿车或 Model X SUV。它从库存中交付了 2,020 辆旧款 Model S 轿车和 Model X SUV。</blockquote></p><p>On Monday’s earnings call, Musk said the new version of the company’s Model S sedans will finally be delivered to customers starting in May 2021, with Model X deliveries to begin in the third quarter of the year. Musk and CFO Zachary Kirkhorn both said supply chain issues are likely to remain a challenge for Tesla this year.</p><p><blockquote>在周一的财报看涨期权上,马斯克表示,公司新版 Model S 轿车最终将于 2021 年 5 月开始交付给客户,Model X 将于今年第三季度开始交付。马斯克和首席财务官扎卡里·柯克霍恩都表示,供应链问题今年可能仍然是特斯拉面临的挑战。</blockquote></p><p>In January 2021 (during a fourth-quarter 2020 earnings update) Musk had said that the Model S Plaid was already in production would be delivered starting in February 2021. But he admitted on Monday, “There were more challenges than expected,” in producing the refreshed version of these vehicles. He did not elaborate.</p><p><blockquote>2021 年 1 月(在 2020 年第四季度收益更新期间),马斯克曾表示 Model S Plaid 已经投入生产,将于 2021 年 2 月开始交付。但他在周一承认,在生产这些车辆的更新版本时,“面临的挑战比预期的要多”。他没有详细说明。</blockquote></p><p>Tesla is now aiming to produce 2,000 Model S and X vehicles per week later this year.</p><p><blockquote>特斯拉目前的目标是在今年晚些时候每周生产 2,000 辆 Model S 和 X 汽车。</blockquote></p><p>The company said Monday it expects more than 50% vehicle delivery growth in 2021 overall, which implies minimum deliveries around 750,000 vehicles this year.</p><p><blockquote>该公司周一表示,预计 2021 年整体汽车交付量将增长 50% 以上,这意味着今年的最低交付量约为 75 万辆。</blockquote></p><p>The fact Tesla grew vehicle unit sales by more than 100% year over year but grew service centers by only 28% and its mobile service fleet by only 22% explains why some Tesla customers face frustratingly long wait times for repairs. Service expansion is not keeping pace with the volume of vehicles sold.</p><p><blockquote>事实上,特斯拉的汽车销量同比增长超过 100%,但服务中心仅增长 28%,移动服务车队仅增长 22%,这解释了为什么一些特斯拉客户面临令人沮丧的漫长维修等待时间。服务扩展跟不上车辆销量。</blockquote></p><p>Tesla said it has weathered chip shortages that have plagued the auto industry in part by “pivoting extremely quickly to new microcontrollers, while simultaneously developing firmware for new chips made by new suppliers.” It did not disclose the names of its new suppliers.</p><p><blockquote>特斯拉表示,该公司已经度过了困扰汽车行业的芯片短缺问题,部分原因是 “迅速转向新型微控制器,同时为新供应商生产的新芯片开发固件”。它没有透露新供应商的名字。</blockquote></p><p>It also reiterated Musk’s frequent claim that cameras, not radar, are a better path toward autonomous vehicles. “Our AI-based software architecture has been increasingly reliant on cameras, to the point where radar is becoming unnecessary earlier than expected. As a result, our FSD [Full Self-Driving] team is fully focused on evolving to a vision-based autonomous system and we are nearly ready to switch the US market to Tesla Vision,” the company said in its earnings release.</p><p><blockquote>它还重申了马斯克经常说的,即摄像头而不是雷达是自动驾驶汽车的更好途径。“我们基于人工智能的软件架构越来越依赖摄像头,以至于雷达比预期更早变得不必要。因此,我们的 FSD(全自动驾驶)团队正全力致力于发展基于视觉的自主系统,我们几乎准备好将美国市场转向特斯拉视觉,”该公司在财报发布会上说。</blockquote></p><p>Revenue for its energy generation and storage business nearly doubled for Tesla versus the same period in 2020, when Musk said Covid, then an emerging pandemic, had slowed its energy business to a crawl. But energy revenue declined from $787 million in the fourth quarter to $595 million in the first quarter of 2021.</p><p><blockquote>与 2020 年同期相比,特斯拉的能源发电和存储业务收入几乎翻了一番,当时马斯克表示,当时新兴的新冠疫情使其能源业务大幅放缓。但能源收入从第四季度的7.87亿美元下降至2021年第一季度的5.95亿美元。</blockquote></p><p>Recently, Tesla increased prices for its solar rooftops by 50%, and now requires anyone ordering solar photovoltaics (including Tesla solar roof tiles) to also order the Powerwall, Tesla’s home energy storage system. The sudden price change applied retroactively to some vexed customers.</p><p><blockquote>最近,特斯拉将太阳能屋顶的价格提高了 50%,现在要求任何订购太阳能光伏(包括特斯拉太阳能屋顶瓦)的人也必须订购特斯拉的家庭储能系统 Powerwall。突然的价格变化追溯适用于一些烦恼的顾客。</blockquote></p><p>Musk said on the Q1 2021 call that he is aiming for homes with solar rooftops and batteries from Tesla to function as a “giant distributed utility” that can help incumbent electrical utilities supply customers with all the electricity they need as demand and extreme weather events increase.</p><p><blockquote>马斯克在 2021 年第一季度看涨期权上表示,他的目标是让拥有太阳能屋顶和特斯拉电池的家庭成为 “巨型分布式公用事业公司”,随着需求和极端天气事件的增加,帮助现有电力公司为客户提供所需的所有电力。</blockquote></p><p></p><p>Executives did not say how they would change their production or mix of battery cells from suppliers in order to make a higher volume of vehicles and energy storage products in 2021.</p><p><blockquote>高管们没有透露他们将如何改变供应商电池的生产或组合,以便在 2021 年生产更多的汽车和储能产品。</blockquote></p><p>Musk said the company’s 4680 cells, which it developed independently and makes at a pilot plant in Fremont, California, are not yet reliable enough to be shipped in Tesla vehicles. He said Tesla would probably “achieve volume production” of these cells in 12 to 18 months.</p><p><blockquote>马斯克说,该公司自主研发并在加州弗里蒙特的一个试点工厂生产的 4680 电池还不够可靠,无法在特斯拉汽车上运输。他说,特斯拉可能会在 12 到 18 个月内 “实现这些电池的量产 ”。</blockquote></p><p>The company revealed in February it purchased $1.5 billion in bitcoin and would potentially invest in other cryptocurrencies in the future. By April, bitcoin rose to record levels before pulling back. In its statement of cash flows, Tesla revealed that it had sold $272 million worth of “digital assets,” presumably bitcoin, during the quarter.</p><p><blockquote>该公司在2月份透露,它在比特币购买了15亿美元,未来可能会投资其他加密货币。到四月份,比特币升至创纪录水平,然后回落。特斯拉在现金流量表中透露,该公司在本季度出售了价值 2.72 亿美元的 “数字资产”,大概是比特币。</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>Tesla posts record net income of $438 million, revenue surges by 74%<blockquote>特斯拉净利润创历史新高 4.38 亿美元,收入激增 74%</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\">\nTesla posts record net income of $438 million, revenue surges by 74%<blockquote>特斯拉净利润创历史新高 4.38 亿美元,收入激增 74%</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\">2021-04-27 07:39</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p><b>KEY POINTS</b></p><p><blockquote><b>要点</b></blockquote></p><p><ul><li>Tesla reported record net income of $438 million during the quarter, as well as earnings of 93 cents per share on $10.39 billion in revenue.</li><li>In its earnings release, the company said it has weathered chip shortages that have plagued the auto industry in part by “pivoting extremely quickly to new microcontrollers, while simultaneously developing firmware for new chips made by new suppliers.”</li><li>On an earnings call, CEO Elon Musk said the delayed new version of the company’s Model S sedan will be delivered starting in May 2021, and Model X deliveries will begin in the third quarter of the year.</li></ul>Tesla reported first-quarter results after the bell on Monday. The company beat expectations handily, buoyed by sales of bitcoin and regulatory credits, but the stock dipped as much as 2.5% after hours as investors digested the numbers.</p><p><blockquote><ul><li>特斯拉公布本季度净利润为创纪录的 4.38 亿美元,每股收益为 93 美分,营收为 103.9 亿美元。</li><li>该公司在财报发布中表示,它已经度过了困扰汽车行业的芯片短缺问题,部分原因是 “迅速转向新型微控制器,同时为新供应商生产的新芯片开发固件”。</li><li>首席执行官埃隆-马斯克(Elon Musk)在财报看涨期权上表示,公司推迟推出的 Model S 轿车新版本将于 2021 年 5 月开始交付,Model X 将于今年第三季度开始交付。</li></ul>特斯拉周一盘后公布了第一季度业绩。在比特币出售和监管信贷的提振下,该公司轻松超出预期,但随着投资者消化这些数据,该股盘后下跌了 2.5%。</blockquote></p><p><img src=\"https://static.tigerbbs.com/fec5c52f391c1077b749edc13b7b3417\" tg-width=\"1302\" tg-height=\"833\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p>Here’s how the company fared in the quarter, compared with analyst estimates compiled by Refinitiv:</p><p><blockquote>以下是该公司本季度的表现与 Refinitiv 编制的分析师预期的比较:</blockquote></p><p><ul><li><b>Earnings:</b>93 cents per share vs. 79 cents per share expected</li><li><b>Revenue:</b>$10.39 billion vs. $10.29 billion expected, up 74% from a year ago</li></ul>Net profit reached a quarterly record of $438 million on a GAAP basis, and the company recorded $518 million in revenue from sales of regulatory credits during the period. It also recorded a $101 million positive impact from sales of bitcoin during the quarter.</p><p><blockquote><ul><li><b>收益:</b>每股 93 美分,预计每股 79 美分</li><li><b>收入:</b>103.9 亿美元,而预期为 102.9 亿美元,同比增长 74%</li></ul>按公认会计准则计算,季度净利润达到创纪录的 4.38 亿美元,该公司在此期间从监管信用销售收入中获得 5.18 亿美元。本季度比特币销售额还带来了 1.01 亿美元的积极影响。</blockquote></p><p><img src=\"https://static.tigerbbs.com/107ab1e725bed375ea106bdf3024ec6a\" tg-width=\"1910\" tg-height=\"1097\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p>CEO Elon Musk’s electric vehicle business reported in the first quarter vehicle deliveries of 184,800 Model 3 and Model Y cars, beating expectations and setting a record for Tesla. However, the company also said it produced none of its higher-end Model S sedans or Model X SUVs for the period ending March. It delivered2,020 older Model S sedans and Model X SUVs from inventory.</p><p><blockquote>首席执行官埃隆-马斯克(Elon Musk)的电动汽车业务第一季度交付了 18.48 万辆 Model 3 和 Model Y 汽车,超出预期,创下了特斯拉的纪录。不过,该公司还表示,截至 3 月份,它没有生产任何高端 Model S 轿车或 Model X SUV。它从库存中交付了 2,020 辆旧款 Model S 轿车和 Model X SUV。</blockquote></p><p>On Monday’s earnings call, Musk said the new version of the company’s Model S sedans will finally be delivered to customers starting in May 2021, with Model X deliveries to begin in the third quarter of the year. Musk and CFO Zachary Kirkhorn both said supply chain issues are likely to remain a challenge for Tesla this year.</p><p><blockquote>在周一的财报看涨期权上,马斯克表示,公司新版 Model S 轿车最终将于 2021 年 5 月开始交付给客户,Model X 将于今年第三季度开始交付。马斯克和首席财务官扎卡里·柯克霍恩都表示,供应链问题今年可能仍然是特斯拉面临的挑战。</blockquote></p><p>In January 2021 (during a fourth-quarter 2020 earnings update) Musk had said that the Model S Plaid was already in production would be delivered starting in February 2021. But he admitted on Monday, “There were more challenges than expected,” in producing the refreshed version of these vehicles. He did not elaborate.</p><p><blockquote>2021 年 1 月(在 2020 年第四季度收益更新期间),马斯克曾表示 Model S Plaid 已经投入生产,将于 2021 年 2 月开始交付。但他在周一承认,在生产这些车辆的更新版本时,“面临的挑战比预期的要多”。他没有详细说明。</blockquote></p><p>Tesla is now aiming to produce 2,000 Model S and X vehicles per week later this year.</p><p><blockquote>特斯拉目前的目标是在今年晚些时候每周生产 2,000 辆 Model S 和 X 汽车。</blockquote></p><p>The company said Monday it expects more than 50% vehicle delivery growth in 2021 overall, which implies minimum deliveries around 750,000 vehicles this year.</p><p><blockquote>该公司周一表示,预计 2021 年整体汽车交付量将增长 50% 以上,这意味着今年的最低交付量约为 75 万辆。</blockquote></p><p>The fact Tesla grew vehicle unit sales by more than 100% year over year but grew service centers by only 28% and its mobile service fleet by only 22% explains why some Tesla customers face frustratingly long wait times for repairs. Service expansion is not keeping pace with the volume of vehicles sold.</p><p><blockquote>事实上,特斯拉的汽车销量同比增长超过 100%,但服务中心仅增长 28%,移动服务车队仅增长 22%,这解释了为什么一些特斯拉客户面临令人沮丧的漫长维修等待时间。服务扩展跟不上车辆销量。</blockquote></p><p>Tesla said it has weathered chip shortages that have plagued the auto industry in part by “pivoting extremely quickly to new microcontrollers, while simultaneously developing firmware for new chips made by new suppliers.” It did not disclose the names of its new suppliers.</p><p><blockquote>特斯拉表示,该公司已经度过了困扰汽车行业的芯片短缺问题,部分原因是 “迅速转向新型微控制器,同时为新供应商生产的新芯片开发固件”。它没有透露新供应商的名字。</blockquote></p><p>It also reiterated Musk’s frequent claim that cameras, not radar, are a better path toward autonomous vehicles. “Our AI-based software architecture has been increasingly reliant on cameras, to the point where radar is becoming unnecessary earlier than expected. As a result, our FSD [Full Self-Driving] team is fully focused on evolving to a vision-based autonomous system and we are nearly ready to switch the US market to Tesla Vision,” the company said in its earnings release.</p><p><blockquote>它还重申了马斯克经常说的,即摄像头而不是雷达是自动驾驶汽车的更好途径。“我们基于人工智能的软件架构越来越依赖摄像头,以至于雷达比预期更早变得不必要。因此,我们的 FSD(全自动驾驶)团队正全力致力于发展基于视觉的自主系统,我们几乎准备好将美国市场转向特斯拉视觉,”该公司在财报发布会上说。</blockquote></p><p>Revenue for its energy generation and storage business nearly doubled for Tesla versus the same period in 2020, when Musk said Covid, then an emerging pandemic, had slowed its energy business to a crawl. But energy revenue declined from $787 million in the fourth quarter to $595 million in the first quarter of 2021.</p><p><blockquote>与 2020 年同期相比,特斯拉的能源发电和存储业务收入几乎翻了一番,当时马斯克表示,当时新兴的新冠疫情使其能源业务大幅放缓。但能源收入从第四季度的7.87亿美元下降至2021年第一季度的5.95亿美元。</blockquote></p><p>Recently, Tesla increased prices for its solar rooftops by 50%, and now requires anyone ordering solar photovoltaics (including Tesla solar roof tiles) to also order the Powerwall, Tesla’s home energy storage system. The sudden price change applied retroactively to some vexed customers.</p><p><blockquote>最近,特斯拉将太阳能屋顶的价格提高了 50%,现在要求任何订购太阳能光伏(包括特斯拉太阳能屋顶瓦)的人也必须订购特斯拉的家庭储能系统 Powerwall。突然的价格变化追溯适用于一些烦恼的顾客。</blockquote></p><p>Musk said on the Q1 2021 call that he is aiming for homes with solar rooftops and batteries from Tesla to function as a “giant distributed utility” that can help incumbent electrical utilities supply customers with all the electricity they need as demand and extreme weather events increase.</p><p><blockquote>马斯克在 2021 年第一季度看涨期权上表示,他的目标是让拥有太阳能屋顶和特斯拉电池的家庭成为 “巨型分布式公用事业公司”,随着需求和极端天气事件的增加,帮助现有电力公司为客户提供所需的所有电力。</blockquote></p><p></p><p>Executives did not say how they would change their production or mix of battery cells from suppliers in order to make a higher volume of vehicles and energy storage products in 2021.</p><p><blockquote>高管们没有透露他们将如何改变供应商电池的生产或组合,以便在 2021 年生产更多的汽车和储能产品。</blockquote></p><p>Musk said the company’s 4680 cells, which it developed independently and makes at a pilot plant in Fremont, California, are not yet reliable enough to be shipped in Tesla vehicles. He said Tesla would probably “achieve volume production” of these cells in 12 to 18 months.</p><p><blockquote>马斯克说,该公司自主研发并在加州弗里蒙特的一个试点工厂生产的 4680 电池还不够可靠,无法在特斯拉汽车上运输。他说,特斯拉可能会在 12 到 18 个月内 “实现这些电池的量产 ”。</blockquote></p><p>The company revealed in February it purchased $1.5 billion in bitcoin and would potentially invest in other cryptocurrencies in the future. By April, bitcoin rose to record levels before pulling back. In its statement of cash flows, Tesla revealed that it had sold $272 million worth of “digital assets,” presumably bitcoin, during the quarter.</p><p><blockquote>该公司在2月份透露,它在比特币购买了15亿美元,未来可能会投资其他加密货币。到四月份,比特币升至创纪录水平,然后回落。特斯拉在现金流量表中透露,该公司在本季度出售了价值 2.72 亿美元的 “数字资产”,大概是比特币。</blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1190086074","content_text":"KEY POINTSTesla reported record net income of $438 million during the quarter, as well as earnings of 93 cents per share on $10.39 billion in revenue.In its earnings release, the company said it has weathered chip shortages that have plagued the auto industry in part by “pivoting extremely quickly to new microcontrollers, while simultaneously developing firmware for new chips made by new suppliers.”On an earnings call, CEO Elon Musk said the delayed new version of the company’s Model S sedan will be delivered starting in May 2021, and Model X deliveries will begin in the third quarter of the year.Tesla reported first-quarter results after the bell on Monday. The company beat expectations handily, buoyed by sales of bitcoin and regulatory credits, but the stock dipped as much as 2.5% after hours as investors digested the numbers.Here’s how the company fared in the quarter, compared with analyst estimates compiled by Refinitiv:Earnings:93 cents per share vs. 79 cents per share expectedRevenue:$10.39 billion vs. $10.29 billion expected, up 74% from a year agoNet profit reached a quarterly record of $438 million on a GAAP basis, and the company recorded $518 million in revenue from sales of regulatory credits during the period. It also recorded a $101 million positive impact from sales of bitcoin during the quarter.CEO Elon Musk’s electric vehicle business reported in the first quarter vehicle deliveries of 184,800 Model 3 and Model Y cars, beating expectations and setting a record for Tesla. However, the company also said it produced none of its higher-end Model S sedans or Model X SUVs for the period ending March. It delivered2,020 older Model S sedans and Model X SUVs from inventory.On Monday’s earnings call, Musk said the new version of the company’s Model S sedans will finally be delivered to customers starting in May 2021, with Model X deliveries to begin in the third quarter of the year. Musk and CFO Zachary Kirkhorn both said supply chain issues are likely to remain a challenge for Tesla this year.In January 2021 (during a fourth-quarter 2020 earnings update) Musk had said that the Model S Plaid was already in production would be delivered starting in February 2021. But he admitted on Monday, “There were more challenges than expected,” in producing the refreshed version of these vehicles. He did not elaborate.Tesla is now aiming to produce 2,000 Model S and X vehicles per week later this year.The company said Monday it expects more than 50% vehicle delivery growth in 2021 overall, which implies minimum deliveries around 750,000 vehicles this year.The fact Tesla grew vehicle unit sales by more than 100% year over year but grew service centers by only 28% and its mobile service fleet by only 22% explains why some Tesla customers face frustratingly long wait times for repairs. Service expansion is not keeping pace with the volume of vehicles sold.Tesla said it has weathered chip shortages that have plagued the auto industry in part by “pivoting extremely quickly to new microcontrollers, while simultaneously developing firmware for new chips made by new suppliers.” It did not disclose the names of its new suppliers.It also reiterated Musk’s frequent claim that cameras, not radar, are a better path toward autonomous vehicles. “Our AI-based software architecture has been increasingly reliant on cameras, to the point where radar is becoming unnecessary earlier than expected. As a result, our FSD [Full Self-Driving] team is fully focused on evolving to a vision-based autonomous system and we are nearly ready to switch the US market to Tesla Vision,” the company said in its earnings release.Revenue for its energy generation and storage business nearly doubled for Tesla versus the same period in 2020, when Musk said Covid, then an emerging pandemic, had slowed its energy business to a crawl. But energy revenue declined from $787 million in the fourth quarter to $595 million in the first quarter of 2021.Recently, Tesla increased prices for its solar rooftops by 50%, and now requires anyone ordering solar photovoltaics (including Tesla solar roof tiles) to also order the Powerwall, Tesla’s home energy storage system. The sudden price change applied retroactively to some vexed customers.Musk said on the Q1 2021 call that he is aiming for homes with solar rooftops and batteries from Tesla to function as a “giant distributed utility” that can help incumbent electrical utilities supply customers with all the electricity they need as demand and extreme weather events increase.Executives did not say how they would change their production or mix of battery cells from suppliers in order to make a higher volume of vehicles and energy storage products in 2021.Musk said the company’s 4680 cells, which it developed independently and makes at a pilot plant in Fremont, California, are not yet reliable enough to be shipped in Tesla vehicles. He said Tesla would probably “achieve volume production” of these cells in 12 to 18 months.The company revealed in February it purchased $1.5 billion in bitcoin and would potentially invest in other cryptocurrencies in the future. By April, bitcoin rose to record levels before pulling back. In its statement of cash flows, Tesla revealed that it had sold $272 million worth of “digital assets,” presumably bitcoin, during the quarter.","news_type":1,"symbols_score_info":{"TSLA":0.9}},"isVote":1,"tweetType":1,"viewCount":996,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":375575781,"gmtCreate":1619378918743,"gmtModify":1634273972206,"author":{"id":"3577496233814703","authorId":"3577496233814703","name":"pinghu","avatar":"https://static.tigerbbs.com/42c1937c871b61f4912f7e80672da554","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577496233814703","authorIdStr":"3577496233814703"},"themes":[],"title":"","htmlText":"Like and comment pls","listText":"Like and comment pls","text":"Like and comment pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/375575781","repostId":"1184404050","repostType":4,"isVote":1,"tweetType":1,"viewCount":806,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":375099972,"gmtCreate":1619252481296,"gmtModify":1634287419847,"author":{"id":"3577496233814703","authorId":"3577496233814703","name":"pinghu","avatar":"https://static.tigerbbs.com/42c1937c871b61f4912f7e80672da554","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577496233814703","authorIdStr":"3577496233814703"},"themes":[],"title":"","htmlText":"<a href=\"https://laohu8.com/S/TIGR\">$Tiger Brokers(TIGR)$</a>Daily mission!!!! Like and comment please","listText":"<a href=\"https://laohu8.com/S/TIGR\">$Tiger Brokers(TIGR)$</a>Daily mission!!!! Like and comment please","text":"$Tiger Brokers(TIGR)$Daily mission!!!! Like and comment please","images":[{"img":"https://static.tigerbbs.com/97acfd139c197f69cf40173b7ad835e2","width":"1170","height":"2026"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/375099972","isVote":1,"tweetType":1,"viewCount":951,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":372949035,"gmtCreate":1619171469027,"gmtModify":1634288017188,"author":{"id":"3577496233814703","authorId":"3577496233814703","name":"pinghu","avatar":"https://static.tigerbbs.com/42c1937c871b61f4912f7e80672da554","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577496233814703","authorIdStr":"3577496233814703"},"themes":[],"title":"","htmlText":"Comment and like thanku tgif!","listText":"Comment and like thanku tgif!","text":"Comment and like thanku tgif!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/372949035","repostId":"1128911279","repostType":4,"isVote":1,"tweetType":1,"viewCount":958,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":376981613,"gmtCreate":1619080124932,"gmtModify":1634288713129,"author":{"id":"3577496233814703","authorId":"3577496233814703","name":"pinghu","avatar":"https://static.tigerbbs.com/42c1937c871b61f4912f7e80672da554","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577496233814703","authorIdStr":"3577496233814703"},"themes":[],"title":"","htmlText":"Like and comment pls ","listText":"Like and comment pls ","text":"Like and comment pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/376981613","repostId":"1147263213","repostType":4,"repost":{"id":"1147263213","kind":"news","pubTimestamp":1619075516,"share":"https://www.laohunote.com/m/news/1147263213?lang=zh_CN&edition=full","pubTime":"2021-04-22 15:11","market":"us","language":"en","title":"Intel Reports Earnings Thursday. Here’s What to Know.<blockquote>英特尔周四公布财报。以下是需要了解的信息。</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1147263213","media":"Barrons","summary":"Weeks after Intel installed chief executive Pat Gelsinger and its rollout of a $20 billion plan to expand its manufacturing operations, the company is set to report its earnings.As part of the plan, Intel said it would once again license its x86 chip designs to other companies, and create a foundry services unit that would produce chips for third parties interested in paying Intel to fabricate semiconductors.Intel didn’t issue precise new financial guidance for the first quarter, but said it exp","content":"<p>Weeks after Intel installed chief executive Pat Gelsinger and its rollout of a $20 billion plan to expand its manufacturing operations, the company is set to report its earnings.</p><p><blockquote>在英特尔任命首席执行官帕特·基辛格 (Pat Gelsinger) 并推出 200 亿美元扩大制造业务的计划几周后,该公司将公布财报。</blockquote></p><p> Investors already have a solid idea of what the report, due after the close of trading on Thursday, will bring. When Gelsinger unveiled the company’s plans for the future in late March,Intel (ticker: INTC) said it expected full-year earnings of $4 a share from revenue of $76.5 billion. Including various adjustments, such as those related to Intel’s sale of its flash-memory business in 2020, EPS is likely to be $4.55, while revenue is expected to be $72 billion, the company said.</p><p><blockquote>投资者已经对周四收盘后发布的报告将带来什么有了可靠的了解。当基辛格在 3 月底公布公司未来计划时,英特尔(股票代码:INTC)表示,预计全年每股收益为 4 美元,营收为 765 亿美元。该公司表示,包括各种调整,如与英特尔在 2020 年出售闪存业务相关的调整,每股收益可能为 4.55 美元,而收入预计为 720 亿美元。</blockquote></p><p> As part of the plan, Intel said it would once again license its x86 chip designs to other companies, and create a foundry services unit that would produce chips for third parties interested in paying Intel to fabricate semiconductors.</p><p><blockquote>作为该计划的一部分,英特尔表示将再次将其x86芯片设计授权给其他公司,并创建一个代工服务部门,为有兴趣向英特尔支付半导体制造费用的第三方生产芯片。</blockquote></p><p> Intel didn’t issue precise new financial guidance for the first quarter, but said it expected results better than its prior forecast. Previously, Intel said it expected adjusted first-quarter earnings of $1.10 a share and revenue of $17.5 billion. The consensus forecast is for adjusted earnings of $1.15 a share from revenue of $17.74 billion.</p><p><blockquote>英特尔没有发布第一季度精确的新财务指引,但表示预计业绩将好于之前的预测。此前,英特尔表示,预计调整后第一季度每股收益为1.10美元,营收为175亿美元。普遍预测调整后每股收益为 1.15 美元,营收为 177.4 亿美元。</blockquote></p><p> Susquehanna Financial Group analyst Christopher Rolland,who called the company’s full-year guidance “underwhelming,” said he is expecting investors to focus on Gelsinger’s long-term plans for the company, and to look for more details about Intel’s next generation chip-making technology. According to the analyst’s data sources, notebook sales were strong in the first quarter, but it is less clear what’s coming through the rest of the year.</p><p><blockquote>萨斯奎哈纳金融集团(Susquehanna Financial Group)分析师克里斯托弗-罗兰(Christopher Rolland)称该公司的全年业绩指引 “平淡无奇”,他说,他希望投资者关注基辛格对公司的长期计划,并寻找有关英特尔下一代芯片制造技术的更多细节。根据分析师的数据来源,第一季度笔记本电脑销量强劲,但今年剩余时间的情况尚不清楚。</blockquote></p><p> Analysts predict that Intel’s client computing segment, which includes notebook sales, will report first-quarter revenue of $10.02 billion. That is the company’s largest segment, followed by the data center operation, which is expected to report revenue of $5.84 billion.</p><p><blockquote>分析师预测,包括笔记本电脑销售在内的英特尔客户端计算部门第一季度营收将达到 100.2 亿美元。这是该公司最大的部门,其次是数据中心业务,预计收入将达到 58.4 亿美元。</blockquote></p><p> Despite Intel’s decision to double down on its manufacturing capabilities, BMO Capital Markets analyst Ambrish Srivastava wrote in a client note Monday that he isn’t expecting executives to offer details about its goals, and their effect on Intel’s financial performance.</p><p><blockquote>尽管英特尔决定加倍提高制造能力,但蒙特尔银行资本市场分析师安布里什-斯里瓦斯塔瓦(Ambrish Srivastava)周一在一份客户报告中写道,他预计高管们不会提供有关其目标及其对英特尔财务业绩影响的细节。</blockquote></p><p> Still, Srivastava said, investors should watch closely for commentary about the impact to the company’s capital spending, profit, and free cash flow, among other things.</p><p><blockquote>尽管如此,斯里瓦斯塔瓦表示,投资者仍应密切关注有关对公司资本支出、利润和自由现金流等影响的评论。</blockquote></p><p> Intel’s report arrives amid a global shortage of semiconductors that is hurting production of goods ranging from appliances to cars and videogame consoles. Gelsinger has previously told <i>Barron’s</i> that he expects the chip shortage to last two years.</p><p><blockquote>英特尔发布这份报告之际,全球半导体短缺正在损害从家电到汽车和视频游戏机等各种商品的生产。基辛格此前曾表示<i>巴伦</i>他预计芯片短缺将持续两年。</blockquote></p><p> Of the analysts that cover Intel, 43% rate shares at Buy, 34% have Hold ratings, and 23% rate the stock at Sell. The average target for the stock price is $68.71, which implies a return of 8.6%.</p><p><blockquote>在研究英特尔的分析师中,43% 的分析师给予该股买入评级,34% 的分析师给予持有评级,23% 的分析师给予该股卖出评级。股价平均目标为68.71美元,这意味着回报率为8.6%。</blockquote></p><p> Intel stock advanced 1.6% to $63.70 in Wednesday trading. Shares in the chip maker have gained 12% in the past year, while the PHLX Semiconductor index, or Sox, has doubled.</p><p><blockquote>周三交易中,英特尔股价上涨 1.6%,至 63.70 美元。这家芯片制造商的股价在过去一年上涨了 12%,而 PHLX 半导体指数 (Sox) 则翻了一番。</blockquote></p><p> Rolland pointed out that since Intel’s most recent quarterly report, its stock has gained 14%, while the Sox rose 5.8%. The analyst said that outperformance may indicate that expectations for the earnings are high, a potential negative for the stock.</p><p><blockquote>罗兰指出,自英特尔最新季度报告发布以来,其股价上涨了 14%,而 Sox 上涨了 5.8%。该分析师表示,跑赢大盘可能表明人们对盈利的预期很高,这对该股来说可能是不利的。</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>Intel Reports Earnings Thursday. Here’s What to Know.<blockquote>英特尔周四公布财报。以下是需要了解的信息。</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\">\nIntel Reports Earnings Thursday. Here’s What to Know.<blockquote>英特尔周四公布财报。以下是需要了解的信息。</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Barrons</strong><span class=\"h-time small\">2021-04-22 15:11</span>\n</p>\n</h4>\n</header>\n<article>\n<p>Weeks after Intel installed chief executive Pat Gelsinger and its rollout of a $20 billion plan to expand its manufacturing operations, the company is set to report its earnings.</p><p><blockquote>在英特尔任命首席执行官帕特·基辛格 (Pat Gelsinger) 并推出 200 亿美元扩大制造业务的计划几周后,该公司将公布财报。</blockquote></p><p> Investors already have a solid idea of what the report, due after the close of trading on Thursday, will bring. When Gelsinger unveiled the company’s plans for the future in late March,Intel (ticker: INTC) said it expected full-year earnings of $4 a share from revenue of $76.5 billion. Including various adjustments, such as those related to Intel’s sale of its flash-memory business in 2020, EPS is likely to be $4.55, while revenue is expected to be $72 billion, the company said.</p><p><blockquote>投资者已经对周四收盘后发布的报告将带来什么有了可靠的了解。当基辛格在 3 月底公布公司未来计划时,英特尔(股票代码:INTC)表示,预计全年每股收益为 4 美元,营收为 765 亿美元。该公司表示,包括各种调整,如与英特尔在 2020 年出售闪存业务相关的调整,每股收益可能为 4.55 美元,而收入预计为 720 亿美元。</blockquote></p><p> As part of the plan, Intel said it would once again license its x86 chip designs to other companies, and create a foundry services unit that would produce chips for third parties interested in paying Intel to fabricate semiconductors.</p><p><blockquote>作为该计划的一部分,英特尔表示将再次将其x86芯片设计授权给其他公司,并创建一个代工服务部门,为有兴趣向英特尔支付半导体制造费用的第三方生产芯片。</blockquote></p><p> Intel didn’t issue precise new financial guidance for the first quarter, but said it expected results better than its prior forecast. Previously, Intel said it expected adjusted first-quarter earnings of $1.10 a share and revenue of $17.5 billion. The consensus forecast is for adjusted earnings of $1.15 a share from revenue of $17.74 billion.</p><p><blockquote>英特尔没有发布第一季度精确的新财务指引,但表示预计业绩将好于之前的预测。此前,英特尔表示,预计调整后第一季度每股收益为1.10美元,营收为175亿美元。普遍预测调整后每股收益为 1.15 美元,营收为 177.4 亿美元。</blockquote></p><p> Susquehanna Financial Group analyst Christopher Rolland,who called the company’s full-year guidance “underwhelming,” said he is expecting investors to focus on Gelsinger’s long-term plans for the company, and to look for more details about Intel’s next generation chip-making technology. According to the analyst’s data sources, notebook sales were strong in the first quarter, but it is less clear what’s coming through the rest of the year.</p><p><blockquote>萨斯奎哈纳金融集团(Susquehanna Financial Group)分析师克里斯托弗-罗兰(Christopher Rolland)称该公司的全年业绩指引 “平淡无奇”,他说,他希望投资者关注基辛格对公司的长期计划,并寻找有关英特尔下一代芯片制造技术的更多细节。根据分析师的数据来源,第一季度笔记本电脑销量强劲,但今年剩余时间的情况尚不清楚。</blockquote></p><p> Analysts predict that Intel’s client computing segment, which includes notebook sales, will report first-quarter revenue of $10.02 billion. That is the company’s largest segment, followed by the data center operation, which is expected to report revenue of $5.84 billion.</p><p><blockquote>分析师预测,包括笔记本电脑销售在内的英特尔客户端计算部门第一季度营收将达到 100.2 亿美元。这是该公司最大的部门,其次是数据中心业务,预计收入将达到 58.4 亿美元。</blockquote></p><p> Despite Intel’s decision to double down on its manufacturing capabilities, BMO Capital Markets analyst Ambrish Srivastava wrote in a client note Monday that he isn’t expecting executives to offer details about its goals, and their effect on Intel’s financial performance.</p><p><blockquote>尽管英特尔决定加倍提高制造能力,但蒙特尔银行资本市场分析师安布里什-斯里瓦斯塔瓦(Ambrish Srivastava)周一在一份客户报告中写道,他预计高管们不会提供有关其目标及其对英特尔财务业绩影响的细节。</blockquote></p><p> Still, Srivastava said, investors should watch closely for commentary about the impact to the company’s capital spending, profit, and free cash flow, among other things.</p><p><blockquote>尽管如此,斯里瓦斯塔瓦表示,投资者仍应密切关注有关对公司资本支出、利润和自由现金流等影响的评论。</blockquote></p><p> Intel’s report arrives amid a global shortage of semiconductors that is hurting production of goods ranging from appliances to cars and videogame consoles. Gelsinger has previously told <i>Barron’s</i> that he expects the chip shortage to last two years.</p><p><blockquote>英特尔发布这份报告之际,全球半导体短缺正在损害从家电到汽车和视频游戏机等各种商品的生产。基辛格此前曾表示<i>巴伦</i>他预计芯片短缺将持续两年。</blockquote></p><p> Of the analysts that cover Intel, 43% rate shares at Buy, 34% have Hold ratings, and 23% rate the stock at Sell. The average target for the stock price is $68.71, which implies a return of 8.6%.</p><p><blockquote>在研究英特尔的分析师中,43% 的分析师给予该股买入评级,34% 的分析师给予持有评级,23% 的分析师给予该股卖出评级。股价平均目标为68.71美元,这意味着回报率为8.6%。</blockquote></p><p> Intel stock advanced 1.6% to $63.70 in Wednesday trading. Shares in the chip maker have gained 12% in the past year, while the PHLX Semiconductor index, or Sox, has doubled.</p><p><blockquote>周三交易中,英特尔股价上涨 1.6%,至 63.70 美元。这家芯片制造商的股价在过去一年上涨了 12%,而 PHLX 半导体指数 (Sox) 则翻了一番。</blockquote></p><p> Rolland pointed out that since Intel’s most recent quarterly report, its stock has gained 14%, while the Sox rose 5.8%. The analyst said that outperformance may indicate that expectations for the earnings are high, a potential negative for the stock.</p><p><blockquote>罗兰指出,自英特尔最新季度报告发布以来,其股价上涨了 14%,而 Sox 上涨了 5.8%。该分析师表示,跑赢大盘可能表明人们对盈利的预期很高,这对该股来说可能是不利的。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源:<a href=\"https://www.barrons.com/articles/intel-reports-earnings-thursday-heres-what-to-know-51619037330?mod=RTA\">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":{"INTC":"英特尔"},"source_url":"https://www.barrons.com/articles/intel-reports-earnings-thursday-heres-what-to-know-51619037330?mod=RTA","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1147263213","content_text":"Weeks after Intel installed chief executive Pat Gelsinger and its rollout of a $20 billion plan to expand its manufacturing operations, the company is set to report its earnings.\nInvestors already have a solid idea of what the report, due after the close of trading on Thursday, will bring. When Gelsinger unveiled the company’s plans for the future in late March,Intel (ticker: INTC) said it expected full-year earnings of $4 a share from revenue of $76.5 billion. Including various adjustments, such as those related to Intel’s sale of its flash-memory business in 2020, EPS is likely to be $4.55, while revenue is expected to be $72 billion, the company said.\nAs part of the plan, Intel said it would once again license its x86 chip designs to other companies, and create a foundry services unit that would produce chips for third parties interested in paying Intel to fabricate semiconductors.\nIntel didn’t issue precise new financial guidance for the first quarter, but said it expected results better than its prior forecast. Previously, Intel said it expected adjusted first-quarter earnings of $1.10 a share and revenue of $17.5 billion. The consensus forecast is for adjusted earnings of $1.15 a share from revenue of $17.74 billion.\nSusquehanna Financial Group analyst Christopher Rolland,who called the company’s full-year guidance “underwhelming,” said he is expecting investors to focus on Gelsinger’s long-term plans for the company, and to look for more details about Intel’s next generation chip-making technology. According to the analyst’s data sources, notebook sales were strong in the first quarter, but it is less clear what’s coming through the rest of the year.\nAnalysts predict that Intel’s client computing segment, which includes notebook sales, will report first-quarter revenue of $10.02 billion. That is the company’s largest segment, followed by the data center operation, which is expected to report revenue of $5.84 billion.\nDespite Intel’s decision to double down on its manufacturing capabilities, BMO Capital Markets analyst Ambrish Srivastava wrote in a client note Monday that he isn’t expecting executives to offer details about its goals, and their effect on Intel’s financial performance.\nStill, Srivastava said, investors should watch closely for commentary about the impact to the company’s capital spending, profit, and free cash flow, among other things.\nIntel’s report arrives amid a global shortage of semiconductors that is hurting production of goods ranging from appliances to cars and videogame consoles. Gelsinger has previously told Barron’s that he expects the chip shortage to last two years.\nOf the analysts that cover Intel, 43% rate shares at Buy, 34% have Hold ratings, and 23% rate the stock at Sell. The average target for the stock price is $68.71, which implies a return of 8.6%.\nIntel stock advanced 1.6% to $63.70 in Wednesday trading. Shares in the chip maker have gained 12% in the past year, while the PHLX Semiconductor index, or Sox, has doubled.\nRolland pointed out that since Intel’s most recent quarterly report, its stock has gained 14%, while the Sox rose 5.8%. The analyst said that outperformance may indicate that expectations for the earnings are high, a potential negative for the stock.","news_type":1,"symbols_score_info":{"INTC":0.9}},"isVote":1,"tweetType":1,"viewCount":1214,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":343007285,"gmtCreate":1617658831747,"gmtModify":1634297338336,"author":{"id":"3577496233814703","authorId":"3577496233814703","name":"pinghu","avatar":"https://static.tigerbbs.com/42c1937c871b61f4912f7e80672da554","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577496233814703","authorIdStr":"3577496233814703"},"themes":[],"title":"","htmlText":"Tesla number 1","listText":"Tesla number 1","text":"Tesla number 1","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":10,"commentSize":5,"repostSize":0,"link":"https://laohu8.com/post/343007285","repostId":"1123709980","repostType":4,"isVote":1,"tweetType":1,"viewCount":704,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":101147879,"gmtCreate":1619868618191,"gmtModify":1634209389751,"author":{"id":"3577496233814703","authorId":"3577496233814703","name":"pinghu","avatar":"https://static.tigerbbs.com/42c1937c871b61f4912f7e80672da554","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577496233814703","authorIdStr":"3577496233814703"},"themes":[],"title":"","htmlText":"Comment and like pls","listText":"Comment and like pls","text":"Comment and like pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":5,"repostSize":0,"link":"https://laohu8.com/post/101147879","repostId":"1142063705","repostType":4,"isVote":1,"tweetType":1,"viewCount":1202,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":370360884,"gmtCreate":1618552933548,"gmtModify":1634292119543,"author":{"id":"3577496233814703","authorId":"3577496233814703","name":"pinghu","avatar":"https://static.tigerbbs.com/42c1937c871b61f4912f7e80672da554","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577496233814703","authorIdStr":"3577496233814703"},"themes":[],"title":"","htmlText":"Sheeeesh pls like n comment thanks","listText":"Sheeeesh pls like n comment thanks","text":"Sheeeesh pls like n comment thanks","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":4,"repostSize":0,"link":"https://laohu8.com/post/370360884","repostId":"1184470866","repostType":4,"isVote":1,"tweetType":1,"viewCount":579,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":199703767,"gmtCreate":1620731587459,"gmtModify":1634196777878,"author":{"id":"3577496233814703","authorId":"3577496233814703","name":"pinghu","avatar":"https://static.tigerbbs.com/42c1937c871b61f4912f7e80672da554","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577496233814703","authorIdStr":"3577496233814703"},"themes":[],"title":"","htmlText":"Like n comment pls tq","listText":"Like n comment pls tq","text":"Like n comment pls 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thanksss","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/104126214","repostId":"1157328258","repostType":4,"repost":{"id":"1157328258","kind":"news","pubTimestamp":1620360165,"share":"https://www.laohunote.com/m/news/1157328258?lang=zh_CN&edition=full","pubTime":"2021-05-07 12:02","market":"us","language":"en","title":"Amazon: The Most Clearly Undervalued Company<blockquote>亚马逊:最明显被低估的公司</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1157328258","media":"Seeking alpha","summary":"SummaryAmazon is one of the companies whose growth has not yet reached its limit and not even entere","content":"<p>Summary</p><p><blockquote>总结</blockquote></p><p><ul><li>Amazon is one of the companies whose growth has not yet reached its limit and not even entered the plateau phase.</li><li>In terms of comparative valuation, AMZN is undervalued against the market.</li><li>DCF-based Amazon stock price target suggests 30% upside potential. But I think this is not even a basic scenario, but a pessimistic scenario.</li></ul>I present my comprehensive Amazon (AMZN) analysis in light of the results of the last quarter.</p><p><blockquote><ul><li>亚马逊是增长尚未达到极限,甚至尚未进入平台期的公司之一。</li><li>就比较估值而言,AMZN相对于市场被低估。</li><li>基于 DCF 的亚马逊股价目标表明有 30% 的上涨潜力。但我认为这甚至不是一个基本的情景,而是一个悲观的情景。</li></ul>我根据上一季度的业绩介绍了我对亚马逊 (AMZN) 的全面分析。</blockquote></p><p>#1 Price vs. Growth</p><p><blockquote>#1 价格与增长</blockquote></p><p>First of all, let's assess whether we can statistically state that Amazon's growth has accelerated or slowed down in the last quarter. To do this, let's compare the revenue growth trends of the key segments of the company with and without the results of the last four quarters.</p><p><blockquote>首先,让我们评估一下我们是否可以从统计数据上说明亚马逊的增长在上一季度是加速还是放缓。为此,让我们比较一下有和没有过去四个季度业绩的公司关键部门的收入增长趋势。</blockquote></p><p>The dynamics of the 'Online Stores' segment showed a qualitative breakthrough. Without taking into account the last four quarters, a near-linear trend was observed here. Now, it has become exponential:</p><p><blockquote>“在线商店”细分市场的动态显示出质的突破。在不考虑过去四个季度的情况下,这里观察到了近乎线性的趋势。现在,它已经成倍增长:</blockquote></p><p><img src=\"https://static.tigerbbs.com/bac49a9df0e5b978dc15e20bedfce3da\" tg-width=\"640\" tg-height=\"396\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p><i>Source: VisualizedAnalytics.com</i></p><p><blockquote><i>资料来源:VisualizedAnalytics.com</i></blockquote></p><p>The 'Third-Party Seller Services' segment - the exponential growth continues:</p><p><blockquote>“第三方卖家服务”细分市场——指数级增长仍在继续:</blockquote></p><p><img src=\"https://static.tigerbbs.com/6b58df42726bc01c8a5e5c2940d0476d\" tg-width=\"640\" tg-height=\"396\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p><i>Source: VisualizedAnalytics.com</i></p><p><blockquote><i>资料来源:VisualizedAnalytics.com</i></blockquote></p><p>The 'Subscription Services' (Amazon Prime) segment - here the acceleration remains, and the result of the last quarter was better than the trend:</p><p><blockquote>“订阅服务”(Amazon Prime)细分市场 - 加速依然存在,上一季度的业绩好于趋势:</blockquote></p><p><i>Source: VisualizedAnalytics.com</i></p><p><blockquote><i>资料来源:VisualizedAnalytics.com</i></blockquote></p><p>The 'Other' (advertising services) segment has also showed a significant acceleration:<img src=\"https://static.tigerbbs.com/a58095394bdd79d561166a74942a9e55\" tg-width=\"640\" tg-height=\"396\" referrerpolicy=\"no-referrer\"></p><p><blockquote>“其他”(广告服务)分部也显示出显着的加速:</blockquote></p><p><i>Source: VisualizedAnalytics.com</i></p><p><blockquote><i>资料来源:VisualizedAnalytics.com</i></blockquote></p><p>The growth trend of 'Amazon Web Services' has slowed down, but judging by the results of the last quarter, there is a gradual return to the previous trend:</p><p><blockquote>‘亚马逊网络服务’的增长趋势有所放缓,但从上个季度的业绩来看,有逐渐恢复到之前的趋势:</blockquote></p><p><img src=\"https://static.tigerbbs.com/07069ccaab37c32eed56da69881e7bce\" tg-width=\"640\" tg-height=\"396\" referrerpolicy=\"no-referrer\"><i>Source: VisualizedAnalytics.com</i></p><p><blockquote><i>资料来源:VisualizedAnalytics.com</i></blockquote></p><p>Geographically, Amazon's revenue was also significantly better than the trend:</p><p><blockquote>从地域上看,亚马逊的收入也明显好于趋势:</blockquote></p><p><img src=\"https://static.tigerbbs.com/a1d9246e5c01aac6c62e49ad7cd73e2c\" tg-width=\"640\" tg-height=\"396\" referrerpolicy=\"no-referrer\"><img src=\"https://static.tigerbbs.com/0e7276161a3d2b2159ab3d727d3cb7d9\" tg-width=\"640\" tg-height=\"396\" referrerpolicy=\"no-referrer\"><i>Source: VisualizedAnalytics.com</i></p><p><blockquote><i>资料来源:VisualizedAnalytics.com</i></blockquote></p><p><i>So, statistically, not subjectively, we should recognize the acceleration of the company's growth</i><i><b>in all key segments</b></i><i>. In my opinion, this is exactly what is expected from Amazon.</i></p><p><blockquote><i>因此,从统计学上,而不是主观上,我们应该认识到公司增长的加速</i><i><b>在所有关键分部</b></i><i>.在我看来,这正是人们对亚马逊的期望。</i></blockquote></p><p>Further. Over the last 10 years, Amazon's capitalization has been in a qualitative linear relationship with its revenue:</p><p><blockquote>更远地。在过去的10年里,亚马逊的资本化与其收入一直处于定性的线性关系:</blockquote></p><p><img src=\"https://static.tigerbbs.com/f105c314902d29dae4d0f0e400aa2245\" tg-width=\"640\" tg-height=\"396\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p><i>Source: VisualizedAnalytics.com</i></p><p><blockquote><i>资料来源:VisualizedAnalytics.com</i></blockquote></p><p>There is also a certain influence of the company's revenue growth rate on its multiples:</p><p><blockquote>公司营收增速对其倍数也有一定影响:</blockquote></p><p><img src=\"https://static.tigerbbs.com/8beca01b5624a15aab79465c580ded6b\" tg-width=\"640\" tg-height=\"396\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p><i>Source: VisualizedAnalytics.com</i></p><p><blockquote><i>资料来源:VisualizedAnalytics.com</i></blockquote></p><p>Based on these two relationships and taking into account the influence of the growth of theM2 money stockin the US, it is possible to build another model that allows us to determine the balanced level of the company's capitalization. In addition, this model allows to model the growth of the company's capitalization based on the current expectations of analysts regarding the company's revenue growth in the next four quarters. Here is this model:</p><p><blockquote>基于这两种关系,并考虑到美国货币存量增长的影响,有可能建立另一个模型,使我们能够确定公司资本的平衡水平。此外,该模型允许根据分析师当前对公司未来四个季度收入增长的预期来模拟公司资本增长。这是这个模型:</blockquote></p><p><img src=\"https://static.tigerbbs.com/083fa1dc350e5e54cc7d3145744c9e4c\" tg-width=\"640\" tg-height=\"396\" referrerpolicy=\"no-referrer\"><img src=\"https://static.tigerbbs.com/d63f0cff5e0dd83343d26ee90552a033\" tg-width=\"640\" tg-height=\"396\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p><i>Source: VisualizedAnalytics.com</i></p><p><blockquote><i>资料来源:VisualizedAnalytics.com</i></blockquote></p><p><i>As you can see, firstly, this model indicates that the company's current price is already</i><i><b>below the balanced level</b></i><i>. And secondly, it assumes a</i><i><b>25% growth</b></i><i>in capitalization in the next four quarters.</i></p><p><blockquote><i>大家可以看到,首先,这个模型表明公司目前的价格已经</i><i><b>低于平衡水平</b></i><i>其次,它假设</i><i><b>25%的增长</b></i><i>未来四个季度的资本化。</i></blockquote></p><p>#2 Comparative Valuation</p><p><blockquote>#2 比较估值</blockquote></p><p>In the previous block, I modeled Amazon's balanced price based on revenue. What is remarkable is that if we apply the same approach to the comparative valuation of the company using multiples, we will fail. At least I have not been able to find a single revenue-based multiple that would make it possible to successfully compare Amazon to other companies. But the forward P/E (next FY) multiple adjusted by the expected EPS annual growth rate made it possible to find a suitable model:</p><p><blockquote>在上一节中,我根据收入模拟了亚马逊的平衡价格。值得注意的是,如果我们对公司使用倍数的比较估值应用同样的方法,我们将失败。至少我还没有找到一个基于收入的倍数,可以成功地将亚马逊与其他公司进行比较。但根据预期每股收益年增长率调整的远期市盈率(下一财年)倍数使得找到合适的模型成为可能:</blockquote></p><p></p><p><img src=\"https://static.tigerbbs.com/97ac0310bcef622e12c8c21d46979f7e\" tg-width=\"640\" tg-height=\"396\" referrerpolicy=\"no-referrer\"><img src=\"https://static.tigerbbs.com/8d7573ff8a7fc00719a51042f09fc989\" tg-width=\"640\" tg-height=\"396\" referrerpolicy=\"no-referrer\"><i>Source: VisualizedAnalytics.com</i></p><p><blockquote><i>资料来源:VisualizedAnalytics.com</i></blockquote></p><p><i>As you can see, judging by this multiple, Amazon is significantly undervalued.</i></p><p><blockquote><i>正如你所看到的,从这个倍数来看,亚马逊被严重低估了。</i></blockquote></p><p>#3 Discounted Cash Flow Model</p><p><blockquote>#3 贴现现金流模型</blockquote></p><p>When predicting Amazon's revenue for the next decade, I proceeded from the average expectations ofanalysts:</p><p><blockquote>在预测亚马逊未来十年的收入时,我从分析师的平均预期出发:</blockquote></p><p><img src=\"https://static.tigerbbs.com/9f41298db73dbcd92469026cc4e767c4\" tg-width=\"640\" tg-height=\"323\" referrerpolicy=\"no-referrer\"><i>Source: Seeking Alpha Pro</i></p><p><blockquote><i>资料来源:Seeking Alpha Pro</i></blockquote></p><p>When predicting the dynamics of Amazon's operating margin, I also proceeded from analysts'expectationsregarding the growth of the company's EPS, and taking into account the gradual increase in the tax rate to 25%. In my opinion, a gradual increase in the operating margin to 8% in the terminal year is a very realistic scenario.</p><p><blockquote>在预测亚马逊营业利润率的动态时,我还从分析师对该公司每股收益增长的预期出发,并考虑到税率逐渐提高到25%。在我看来,营业利润率在最后一年逐步增加到8%是一个非常现实的场景。</blockquote></p><p>Here is the calculation of the Weighted Average Cost of Capital:</p><p><blockquote>以下是加权平均资本成本的计算方法:</blockquote></p><p><img src=\"https://static.tigerbbs.com/759163398701e54efd7cfabd11a0867d\" tg-width=\"480\" tg-height=\"374\" referrerpolicy=\"no-referrer\"><i>Source: Author</i></p><p><blockquote><i>来源:作者</i></blockquote></p><p>Some explanations:</p><p><blockquote>一些解释:</blockquote></p><p><ul><li>In order to calculate the market rate of return, I used values of equityriskpremium (4.72%) and the current yield of UST10 as a risk-free rate (1.6%).</li><li>I used the currentvalueof the three-year beta coefficient (0.92). For the terminal year, I used Beta equal to 1.</li><li>To calculate the Cost of Debt, I used the interest expense for 2019 and 2020 divided by the debt value for the same years.</li></ul>Here is the model itself:</p><p><blockquote><ul><li>为了计算市场回报率,我使用股票风险溢价(4.72%)和UST10的当前收益率作为无风险利率(1.6%)。</li><li>我使用了三年贝塔系数的当前值(0.92)。对于最后一年,我使用了等于1的Beta。</li><li>为了计算债务成本,我使用了2019年和2020年的利息支出除以同年的债务价值。</li></ul>这是模型本身:</blockquote></p><p><img src=\"https://static.tigerbbs.com/0df02bca01b3ef74d3b640d95eb00590\" tg-width=\"640\" tg-height=\"528\" referrerpolicy=\"no-referrer\">(In high resolution)</p><p><blockquote>(高分辨率)</blockquote></p><p><i>Source: Author</i></p><p><blockquote><i>来源:作者</i></blockquote></p><p><i>The DCF-based target price of Amazon's shares is $4,280, offering 29% upside.</i></p><p><blockquote><i>基于 DCF 的亚马逊股票目标价为 4,280 美元,上涨空间为 29%。</i></blockquote></p><p>Final thoughts</p><p><blockquote>最后的想法</blockquote></p><p><ol><li>Amazon is one of the companies whose growth has not yet reached its limit and not even entered the plateau phase. In a sense, this is a startup with $73 billion cash.</li><li>The fact that Amazon remains in the acceleration phase does not mean that its capitalization is constantly undervalued. But in this case, based on the patterns between the company's capitalization and the parameters of its revenue, we can conclude that the company is<b>undervalued</b>.</li><li>Comparing Amazon to other companies through the prism of expected EPS growth, it must be admitted that the company is<b>much cheaper</b>than the market.</li><li>DCF model based on average expectations analysts indicate a 30% undervaluation. At the start of the year, a similarmodelindicated a 20% undervaluation.</li><li>When you look at Amazon's revenue forecast for the next decade, you realize that the company will face growth problems. But in my opinion,<i>it is better to invest in a company facing growth problems than aging problems</i>.</li></ol></p><p><blockquote><ol><li>亚马逊是增长尚未达到极限,甚至尚未进入平台期的公司之一。从某种意义上说,这是一家拥有730亿美元现金的初创公司。</li><li>亚马逊仍处于加速阶段,并不意味着其资本化不断被低估。但在这种情况下,根据公司的资本和收入参数之间的模式,我们可以得出结论,该公司是<b>被低估</b>.</li><li>通过预期每股收益增长的棱镜将亚马逊与其他公司进行比较,必须承认该公司是<b>便宜多了</b>比市场。</li><li>基于平均预期的 DCF 模型分析师表明估值被低估了 30%。今年年初,一个类似的模型表明估值被低估了 20%。</li><li>当你看到亚马逊未来十年的收入预测时,你会意识到该公司将面临增长问题。但在我看来,<i>投资一家面临增长问题的公司比投资老龄化问题更好</i>.</li></ol></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>Amazon: The Most Clearly Undervalued Company<blockquote>亚马逊:最明显被低估的公司</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\">\nAmazon: The Most Clearly Undervalued Company<blockquote>亚马逊:最明显被低估的公司</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Seeking alpha</strong><span class=\"h-time small\">2021-05-07 12:02</span>\n</p>\n</h4>\n</header>\n<article>\n<p>Summary</p><p><blockquote>总结</blockquote></p><p><ul><li>Amazon is one of the companies whose growth has not yet reached its limit and not even entered the plateau phase.</li><li>In terms of comparative valuation, AMZN is undervalued against the market.</li><li>DCF-based Amazon stock price target suggests 30% upside potential. But I think this is not even a basic scenario, but a pessimistic scenario.</li></ul>I present my comprehensive Amazon (AMZN) analysis in light of the results of the last quarter.</p><p><blockquote><ul><li>亚马逊是增长尚未达到极限,甚至尚未进入平台期的公司之一。</li><li>就比较估值而言,AMZN相对于市场被低估。</li><li>基于 DCF 的亚马逊股价目标表明有 30% 的上涨潜力。但我认为这甚至不是一个基本的情景,而是一个悲观的情景。</li></ul>我根据上一季度的业绩介绍了我对亚马逊 (AMZN) 的全面分析。</blockquote></p><p>#1 Price vs. Growth</p><p><blockquote>#1 价格与增长</blockquote></p><p>First of all, let's assess whether we can statistically state that Amazon's growth has accelerated or slowed down in the last quarter. To do this, let's compare the revenue growth trends of the key segments of the company with and without the results of the last four quarters.</p><p><blockquote>首先,让我们评估一下我们是否可以从统计数据上说明亚马逊的增长在上一季度是加速还是放缓。为此,让我们比较一下有和没有过去四个季度业绩的公司关键部门的收入增长趋势。</blockquote></p><p>The dynamics of the 'Online Stores' segment showed a qualitative breakthrough. Without taking into account the last four quarters, a near-linear trend was observed here. Now, it has become exponential:</p><p><blockquote>“在线商店”细分市场的动态显示出质的突破。在不考虑过去四个季度的情况下,这里观察到了近乎线性的趋势。现在,它已经成倍增长:</blockquote></p><p><img src=\"https://static.tigerbbs.com/bac49a9df0e5b978dc15e20bedfce3da\" tg-width=\"640\" tg-height=\"396\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p><i>Source: VisualizedAnalytics.com</i></p><p><blockquote><i>资料来源:VisualizedAnalytics.com</i></blockquote></p><p>The 'Third-Party Seller Services' segment - the exponential growth continues:</p><p><blockquote>“第三方卖家服务”细分市场——指数级增长仍在继续:</blockquote></p><p><img src=\"https://static.tigerbbs.com/6b58df42726bc01c8a5e5c2940d0476d\" tg-width=\"640\" tg-height=\"396\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p><i>Source: VisualizedAnalytics.com</i></p><p><blockquote><i>资料来源:VisualizedAnalytics.com</i></blockquote></p><p>The 'Subscription Services' (Amazon Prime) segment - here the acceleration remains, and the result of the last quarter was better than the trend:</p><p><blockquote>“订阅服务”(Amazon Prime)细分市场 - 加速依然存在,上一季度的业绩好于趋势:</blockquote></p><p><i>Source: VisualizedAnalytics.com</i></p><p><blockquote><i>资料来源:VisualizedAnalytics.com</i></blockquote></p><p>The 'Other' (advertising services) segment has also showed a significant acceleration:<img src=\"https://static.tigerbbs.com/a58095394bdd79d561166a74942a9e55\" tg-width=\"640\" tg-height=\"396\" referrerpolicy=\"no-referrer\"></p><p><blockquote>“其他”(广告服务)分部也显示出显着的加速:</blockquote></p><p><i>Source: VisualizedAnalytics.com</i></p><p><blockquote><i>资料来源:VisualizedAnalytics.com</i></blockquote></p><p>The growth trend of 'Amazon Web Services' has slowed down, but judging by the results of the last quarter, there is a gradual return to the previous trend:</p><p><blockquote>‘亚马逊网络服务’的增长趋势有所放缓,但从上个季度的业绩来看,有逐渐恢复到之前的趋势:</blockquote></p><p><img src=\"https://static.tigerbbs.com/07069ccaab37c32eed56da69881e7bce\" tg-width=\"640\" tg-height=\"396\" referrerpolicy=\"no-referrer\"><i>Source: VisualizedAnalytics.com</i></p><p><blockquote><i>资料来源:VisualizedAnalytics.com</i></blockquote></p><p>Geographically, Amazon's revenue was also significantly better than the trend:</p><p><blockquote>从地域上看,亚马逊的收入也明显好于趋势:</blockquote></p><p><img src=\"https://static.tigerbbs.com/a1d9246e5c01aac6c62e49ad7cd73e2c\" tg-width=\"640\" tg-height=\"396\" referrerpolicy=\"no-referrer\"><img src=\"https://static.tigerbbs.com/0e7276161a3d2b2159ab3d727d3cb7d9\" tg-width=\"640\" tg-height=\"396\" referrerpolicy=\"no-referrer\"><i>Source: VisualizedAnalytics.com</i></p><p><blockquote><i>资料来源:VisualizedAnalytics.com</i></blockquote></p><p><i>So, statistically, not subjectively, we should recognize the acceleration of the company's growth</i><i><b>in all key segments</b></i><i>. In my opinion, this is exactly what is expected from Amazon.</i></p><p><blockquote><i>因此,从统计学上,而不是主观上,我们应该认识到公司增长的加速</i><i><b>在所有关键分部</b></i><i>.在我看来,这正是人们对亚马逊的期望。</i></blockquote></p><p>Further. Over the last 10 years, Amazon's capitalization has been in a qualitative linear relationship with its revenue:</p><p><blockquote>更远地。在过去的10年里,亚马逊的资本化与其收入一直处于定性的线性关系:</blockquote></p><p><img src=\"https://static.tigerbbs.com/f105c314902d29dae4d0f0e400aa2245\" tg-width=\"640\" tg-height=\"396\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p><i>Source: VisualizedAnalytics.com</i></p><p><blockquote><i>资料来源:VisualizedAnalytics.com</i></blockquote></p><p>There is also a certain influence of the company's revenue growth rate on its multiples:</p><p><blockquote>公司营收增速对其倍数也有一定影响:</blockquote></p><p><img src=\"https://static.tigerbbs.com/8beca01b5624a15aab79465c580ded6b\" tg-width=\"640\" tg-height=\"396\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p><i>Source: VisualizedAnalytics.com</i></p><p><blockquote><i>资料来源:VisualizedAnalytics.com</i></blockquote></p><p>Based on these two relationships and taking into account the influence of the growth of theM2 money stockin the US, it is possible to build another model that allows us to determine the balanced level of the company's capitalization. In addition, this model allows to model the growth of the company's capitalization based on the current expectations of analysts regarding the company's revenue growth in the next four quarters. Here is this model:</p><p><blockquote>基于这两种关系,并考虑到美国货币存量增长的影响,有可能建立另一个模型,使我们能够确定公司资本的平衡水平。此外,该模型允许根据分析师当前对公司未来四个季度收入增长的预期来模拟公司资本增长。这是这个模型:</blockquote></p><p><img src=\"https://static.tigerbbs.com/083fa1dc350e5e54cc7d3145744c9e4c\" tg-width=\"640\" tg-height=\"396\" referrerpolicy=\"no-referrer\"><img src=\"https://static.tigerbbs.com/d63f0cff5e0dd83343d26ee90552a033\" tg-width=\"640\" tg-height=\"396\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p><i>Source: VisualizedAnalytics.com</i></p><p><blockquote><i>资料来源:VisualizedAnalytics.com</i></blockquote></p><p><i>As you can see, firstly, this model indicates that the company's current price is already</i><i><b>below the balanced level</b></i><i>. And secondly, it assumes a</i><i><b>25% growth</b></i><i>in capitalization in the next four quarters.</i></p><p><blockquote><i>大家可以看到,首先,这个模型表明公司目前的价格已经</i><i><b>低于平衡水平</b></i><i>其次,它假设</i><i><b>25%的增长</b></i><i>未来四个季度的资本化。</i></blockquote></p><p>#2 Comparative Valuation</p><p><blockquote>#2 比较估值</blockquote></p><p>In the previous block, I modeled Amazon's balanced price based on revenue. What is remarkable is that if we apply the same approach to the comparative valuation of the company using multiples, we will fail. At least I have not been able to find a single revenue-based multiple that would make it possible to successfully compare Amazon to other companies. But the forward P/E (next FY) multiple adjusted by the expected EPS annual growth rate made it possible to find a suitable model:</p><p><blockquote>在上一节中,我根据收入模拟了亚马逊的平衡价格。值得注意的是,如果我们对公司使用倍数的比较估值应用同样的方法,我们将失败。至少我还没有找到一个基于收入的倍数,可以成功地将亚马逊与其他公司进行比较。但根据预期每股收益年增长率调整的远期市盈率(下一财年)倍数使得找到合适的模型成为可能:</blockquote></p><p></p><p><img src=\"https://static.tigerbbs.com/97ac0310bcef622e12c8c21d46979f7e\" tg-width=\"640\" tg-height=\"396\" referrerpolicy=\"no-referrer\"><img src=\"https://static.tigerbbs.com/8d7573ff8a7fc00719a51042f09fc989\" tg-width=\"640\" tg-height=\"396\" referrerpolicy=\"no-referrer\"><i>Source: VisualizedAnalytics.com</i></p><p><blockquote><i>资料来源:VisualizedAnalytics.com</i></blockquote></p><p><i>As you can see, judging by this multiple, Amazon is significantly undervalued.</i></p><p><blockquote><i>正如你所看到的,从这个倍数来看,亚马逊被严重低估了。</i></blockquote></p><p>#3 Discounted Cash Flow Model</p><p><blockquote>#3 贴现现金流模型</blockquote></p><p>When predicting Amazon's revenue for the next decade, I proceeded from the average expectations ofanalysts:</p><p><blockquote>在预测亚马逊未来十年的收入时,我从分析师的平均预期出发:</blockquote></p><p><img src=\"https://static.tigerbbs.com/9f41298db73dbcd92469026cc4e767c4\" tg-width=\"640\" tg-height=\"323\" referrerpolicy=\"no-referrer\"><i>Source: Seeking Alpha Pro</i></p><p><blockquote><i>资料来源:Seeking Alpha Pro</i></blockquote></p><p>When predicting the dynamics of Amazon's operating margin, I also proceeded from analysts'expectationsregarding the growth of the company's EPS, and taking into account the gradual increase in the tax rate to 25%. In my opinion, a gradual increase in the operating margin to 8% in the terminal year is a very realistic scenario.</p><p><blockquote>在预测亚马逊营业利润率的动态时,我还从分析师对该公司每股收益增长的预期出发,并考虑到税率逐渐提高到25%。在我看来,营业利润率在最后一年逐步增加到8%是一个非常现实的场景。</blockquote></p><p>Here is the calculation of the Weighted Average Cost of Capital:</p><p><blockquote>以下是加权平均资本成本的计算方法:</blockquote></p><p><img src=\"https://static.tigerbbs.com/759163398701e54efd7cfabd11a0867d\" tg-width=\"480\" tg-height=\"374\" referrerpolicy=\"no-referrer\"><i>Source: Author</i></p><p><blockquote><i>来源:作者</i></blockquote></p><p>Some explanations:</p><p><blockquote>一些解释:</blockquote></p><p><ul><li>In order to calculate the market rate of return, I used values of equityriskpremium (4.72%) and the current yield of UST10 as a risk-free rate (1.6%).</li><li>I used the currentvalueof the three-year beta coefficient (0.92). For the terminal year, I used Beta equal to 1.</li><li>To calculate the Cost of Debt, I used the interest expense for 2019 and 2020 divided by the debt value for the same years.</li></ul>Here is the model itself:</p><p><blockquote><ul><li>为了计算市场回报率,我使用股票风险溢价(4.72%)和UST10的当前收益率作为无风险利率(1.6%)。</li><li>我使用了三年贝塔系数的当前值(0.92)。对于最后一年,我使用了等于1的Beta。</li><li>为了计算债务成本,我使用了2019年和2020年的利息支出除以同年的债务价值。</li></ul>这是模型本身:</blockquote></p><p><img src=\"https://static.tigerbbs.com/0df02bca01b3ef74d3b640d95eb00590\" tg-width=\"640\" tg-height=\"528\" referrerpolicy=\"no-referrer\">(In high resolution)</p><p><blockquote>(高分辨率)</blockquote></p><p><i>Source: Author</i></p><p><blockquote><i>来源:作者</i></blockquote></p><p><i>The DCF-based target price of Amazon's shares is $4,280, offering 29% upside.</i></p><p><blockquote><i>基于 DCF 的亚马逊股票目标价为 4,280 美元,上涨空间为 29%。</i></blockquote></p><p>Final thoughts</p><p><blockquote>最后的想法</blockquote></p><p><ol><li>Amazon is one of the companies whose growth has not yet reached its limit and not even entered the plateau phase. In a sense, this is a startup with $73 billion cash.</li><li>The fact that Amazon remains in the acceleration phase does not mean that its capitalization is constantly undervalued. But in this case, based on the patterns between the company's capitalization and the parameters of its revenue, we can conclude that the company is<b>undervalued</b>.</li><li>Comparing Amazon to other companies through the prism of expected EPS growth, it must be admitted that the company is<b>much cheaper</b>than the market.</li><li>DCF model based on average expectations analysts indicate a 30% undervaluation. At the start of the year, a similarmodelindicated a 20% undervaluation.</li><li>When you look at Amazon's revenue forecast for the next decade, you realize that the company will face growth problems. But in my opinion,<i>it is better to invest in a company facing growth problems than aging problems</i>.</li></ol></p><p><blockquote><ol><li>亚马逊是增长尚未达到极限,甚至尚未进入平台期的公司之一。从某种意义上说,这是一家拥有730亿美元现金的初创公司。</li><li>亚马逊仍处于加速阶段,并不意味着其资本化不断被低估。但在这种情况下,根据公司的资本和收入参数之间的模式,我们可以得出结论,该公司是<b>被低估</b>.</li><li>通过预期每股收益增长的棱镜将亚马逊与其他公司进行比较,必须承认该公司是<b>便宜多了</b>比市场。</li><li>基于平均预期的 DCF 模型分析师表明估值被低估了 30%。今年年初,一个类似的模型表明估值被低估了 20%。</li><li>当你看到亚马逊未来十年的收入预测时,你会意识到该公司将面临增长问题。但在我看来,<i>投资一家面临增长问题的公司比投资老龄化问题更好</i>.</li></ol></blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源:<a href=\"https://seekingalpha.com/article/4424794-amazon-clearly-undervalued-company\">Seeking alpha</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":{"AMZN":"亚马逊"},"source_url":"https://seekingalpha.com/article/4424794-amazon-clearly-undervalued-company","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1157328258","content_text":"SummaryAmazon is one of the companies whose growth has not yet reached its limit and not even entered the plateau phase.In terms of comparative valuation, AMZN is undervalued against the market.DCF-based Amazon stock price target suggests 30% upside potential. But I think this is not even a basic scenario, but a pessimistic scenario.I present my comprehensive Amazon (AMZN) analysis in light of the results of the last quarter.#1 Price vs. GrowthFirst of all, let's assess whether we can statistically state that Amazon's growth has accelerated or slowed down in the last quarter. To do this, let's compare the revenue growth trends of the key segments of the company with and without the results of the last four quarters.The dynamics of the 'Online Stores' segment showed a qualitative breakthrough. Without taking into account the last four quarters, a near-linear trend was observed here. Now, it has become exponential:Source: VisualizedAnalytics.comThe 'Third-Party Seller Services' segment - the exponential growth continues:Source: VisualizedAnalytics.comThe 'Subscription Services' (Amazon Prime) segment - here the acceleration remains, and the result of the last quarter was better than the trend:Source: VisualizedAnalytics.comThe 'Other' (advertising services) segment has also showed a significant acceleration:Source: VisualizedAnalytics.comThe growth trend of 'Amazon Web Services' has slowed down, but judging by the results of the last quarter, there is a gradual return to the previous trend:Source: VisualizedAnalytics.comGeographically, Amazon's revenue was also significantly better than the trend:Source: VisualizedAnalytics.comSo, statistically, not subjectively, we should recognize the acceleration of the company's growthin all key segments. In my opinion, this is exactly what is expected from Amazon.Further. Over the last 10 years, Amazon's capitalization has been in a qualitative linear relationship with its revenue:Source: VisualizedAnalytics.comThere is also a certain influence of the company's revenue growth rate on its multiples:Source: VisualizedAnalytics.comBased on these two relationships and taking into account the influence of the growth of theM2 money stockin the US, it is possible to build another model that allows us to determine the balanced level of the company's capitalization. In addition, this model allows to model the growth of the company's capitalization based on the current expectations of analysts regarding the company's revenue growth in the next four quarters. Here is this model:Source: VisualizedAnalytics.comAs you can see, firstly, this model indicates that the company's current price is alreadybelow the balanced level. And secondly, it assumes a25% growthin capitalization in the next four quarters.#2 Comparative ValuationIn the previous block, I modeled Amazon's balanced price based on revenue. What is remarkable is that if we apply the same approach to the comparative valuation of the company using multiples, we will fail. At least I have not been able to find a single revenue-based multiple that would make it possible to successfully compare Amazon to other companies. But the forward P/E (next FY) multiple adjusted by the expected EPS annual growth rate made it possible to find a suitable model:Source: VisualizedAnalytics.comAs you can see, judging by this multiple, Amazon is significantly undervalued.#3 Discounted Cash Flow ModelWhen predicting Amazon's revenue for the next decade, I proceeded from the average expectations ofanalysts:Source: Seeking Alpha ProWhen predicting the dynamics of Amazon's operating margin, I also proceeded from analysts'expectationsregarding the growth of the company's EPS, and taking into account the gradual increase in the tax rate to 25%. In my opinion, a gradual increase in the operating margin to 8% in the terminal year is a very realistic scenario.Here is the calculation of the Weighted Average Cost of Capital:Source: AuthorSome explanations:In order to calculate the market rate of return, I used values of equityriskpremium (4.72%) and the current yield of UST10 as a risk-free rate (1.6%).I used the currentvalueof the three-year beta coefficient (0.92). For the terminal year, I used Beta equal to 1.To calculate the Cost of Debt, I used the interest expense for 2019 and 2020 divided by the debt value for the same years.Here is the model itself:(In high resolution)Source: AuthorThe DCF-based target price of Amazon's shares is $4,280, offering 29% upside.Final thoughtsAmazon is one of the companies whose growth has not yet reached its limit and not even entered the plateau phase. In a sense, this is a startup with $73 billion cash.The fact that Amazon remains in the acceleration phase does not mean that its capitalization is constantly undervalued. But in this case, based on the patterns between the company's capitalization and the parameters of its revenue, we can conclude that the company isundervalued.Comparing Amazon to other companies through the prism of expected EPS growth, it must be admitted that the company ismuch cheaperthan the market.DCF model based on average expectations analysts indicate a 30% undervaluation. At the start of the year, a similarmodelindicated a 20% undervaluation.When you look at Amazon's revenue forecast for the next decade, you realize that the company will face growth problems. But in my opinion,it is better to invest in a company facing growth problems than aging problems.","news_type":1,"symbols_score_info":{"AMZN":0.9}},"isVote":1,"tweetType":1,"viewCount":2749,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":371406586,"gmtCreate":1618963999045,"gmtModify":1634289610426,"author":{"id":"3577496233814703","authorId":"3577496233814703","name":"pinghu","avatar":"https://static.tigerbbs.com/42c1937c871b61f4912f7e80672da554","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577496233814703","authorIdStr":"3577496233814703"},"themes":[],"title":"","htmlText":"Like n comment! ","listText":"Like n comment! ","text":"Like n comment!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/371406586","repostId":"2129289138","repostType":4,"isVote":1,"tweetType":1,"viewCount":690,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":379260428,"gmtCreate":1618747148464,"gmtModify":1634291130101,"author":{"id":"3577496233814703","authorId":"3577496233814703","name":"pinghu","avatar":"https://static.tigerbbs.com/42c1937c871b61f4912f7e80672da554","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577496233814703","authorIdStr":"3577496233814703"},"themes":[],"title":"","htmlText":"<a href=\"https://laohu8.com/S/AAPL\">$Apple(AAPL)$</a> like and comment tq","listText":"<a href=\"https://laohu8.com/S/AAPL\">$Apple(AAPL)$</a> like and comment tq","text":"$Apple(AAPL)$ like and comment tq","images":[{"img":"https://static.tigerbbs.com/afe586e0d3977f99668f333a6fc133f8","width":"1170","height":"2026"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/379260428","isVote":1,"tweetType":1,"viewCount":717,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":342243981,"gmtCreate":1618225558843,"gmtModify":1634294337695,"author":{"id":"3577496233814703","authorId":"3577496233814703","name":"pinghu","avatar":"https://static.tigerbbs.com/42c1937c871b61f4912f7e80672da554","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577496233814703","authorIdStr":"3577496233814703"},"themes":[],"title":"","htmlText":"Like and comment pls!! ","listText":"Like and comment pls!! ","text":"Like and comment pls!!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/342243981","repostId":"1137529737","repostType":4,"repost":{"id":"1137529737","kind":"news","pubTimestamp":1618184239,"share":"https://www.laohunote.com/m/news/1137529737?lang=zh_CN&edition=full","pubTime":"2021-04-12 07:37","market":"us","language":"en","title":"JPMorgan Chase, Nvidia, Goldman Sachs, Coinbase, and Other Stocks for Investors to Watch This Week<blockquote>摩根大通、英伟达、高盛、比特币基地和其他投资者本周值得关注的股票</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1137529737","media":"Barrons","summary":"First-quarter earnings season kicks off this week, beginning as always with results from several of ","content":"<p>First-quarter earnings season kicks off this week, beginning as always with results from several of the largest U.S. banks. Goldman Sachs Group, JPMorgan Chase, and Wells Fargo report on Wednesday, followed by Bank of America and Citigroup on Thursday and Morgan Stanley on Friday.</p><p><blockquote>第一季度财报季将于本周拉开帷幕,一如既往地从美国几家最大银行的业绩开始。高盛集团、摩根大通和富国银行周三发布报告,随后美国银行和花旗集团周四发布报告,摩根士丹利周五发布报告。</blockquote></p><p>Other notable companies reporting this week include industrial supplier Fastenalon Tuesday.Delta Air Lines,PepsiCo,and UnitedHealth Group publish results on Thursday. And Kansas City Southern reports on Friday. A total of 22 S&P 500 companies report this week, followed by 64 next week.</p><p><blockquote>本周发布报告的其他知名公司包括工业供应商 Fastenalon 周二。达美航空公司、百事公司和联合健康集团将于周四公布业绩。堪萨斯城南方报周五报道。本周共有 22 家标普500公司发布报告,下周将有 64 家。</blockquote></p><p><img src=\"https://static.tigerbbs.com/ac3c413681d3a9e134223c4d1a02d883\" tg-width=\"1410\" tg-height=\"586\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p>It’s also a busy week for economic data. On Tuesday, the Bureau of Labor Statistics reports the consumer price index for March and the National Federation of Independent Business releases its Small Business Optimism Index for March. Then on Thursday, the Census Bureau reports retail sales data for March. And on Friday, the University of Michigan releases its Consumer Sentiment Index for April.</p><p><blockquote>对于经济数据来说,这也是繁忙的一周。周二,劳工统计局报告了3月份的消费者价格指数,全国独立企业联合会发布了3月份的小企业乐观指数。然后在周四,人口普查局报告了3月份的零售销售数据。周五,密歇根大学发布了 4 月份消费者信心指数。</blockquote></p><p>Housing-market data out this week include the National Association of Home Builders’ NAHB/Wells Fargo Housing Market Index for April on Thursday and the Census Bureau’s new residential construction data for March on Friday.</p><p><blockquote>本周公布的住房市场数据包括全美住宅建筑商协会(National Association of Home Builders)周四公布的 NAHB/富国银行(Wells Fargo)4 月份住房市场指数和人口普查局(Census Bureau)周五公布的 3 月份新住宅建筑数据。</blockquote></p><p><b>Monday 4/12</b></p><p><blockquote><b>12月4日星期一</b></blockquote></p><p>Nvidia hosts its 2021 investor day in conjunction with its GPU Technology conference. Nvidia CEO Jensen Huang will give the keynote address.</p><p><blockquote>Nvidia 将举办 2021 年投资者日及其 GPU 技术大会。英伟达首席执行官黄仁勋将发表主题演讲。</blockquote></p><p><b>Tuesday 4/13</b></p><p><blockquote><b>星期二 4/13</b></blockquote></p><p>Fastenal reports quarterly results.</p><p><blockquote>Fastenal 报告季度业绩。</blockquote></p><p><b>The Bureau of Labor</b> Statistics reports the consumer price index for March. Economists forecast a 0.4% monthly increase, matching the February data. The core CPI, which excludes volatile food and energy prices, is expected to rise 0.2%, after edging up 0.1% in February.</p><p><blockquote><b>劳工局</b>统计数据报告了三月份的消费者价格指数。经济学家预测月度增长 0.4%,与 2 月份的数据一致。剔除波动较大的食品和能源价格的核心CPI预计将上涨0.2%,此前2月份小幅上涨0.1%。</blockquote></p><p><b>The National Federation</b> of Independent Business releases its Small Business Optimism Index for March. Consensus estimate is for a 98 reading, higher than February’s 95.8.</p><p><blockquote><b>全国联合会</b>独立企业发布3月份小企业乐观指数。一致估计读数为 98,高于 2 月份的 95.8。</blockquote></p><p><b>Wednesday 4/14</b></p><p><blockquote><b>星期三 4/14</b></blockquote></p><p><b>Earnings season begins</b> in earnest with some of the largest money-center and investment banks reporting. JPMorgan Chase, Wells Fargo, and Goldman Sachs Group release first-quarter results before the market open.</p><p><blockquote><b>财报季开始</b>认真与一些最大的货币中心和投资银行进行报告。摩根大通、富国银行和高盛集团在开盘前发布第一季度业绩。</blockquote></p><p>First Republic Bankreleases earnings.</p><p><blockquote>第一共和银行发布收益。</blockquote></p><p><b>Coinbase Global</b> is set to make its Wall Street debut on Wednesday through a direct listing of its shares on the Nasdaq.</p><p><blockquote><b>比特币基地全球</b>将于周三通过在纳斯达克直接上市的方式在华尔街首次亮相。</blockquote></p><p><b>The BLS reports</b> export and import price data for March. Expectations are for a 1% month-over-month rise in export prices, while import prices are seen increasing 0.8%. This compares with gains of 1.6% and 1.3%, respectively, in February.</p><p><blockquote><b>BLS报告</b>3月份进出口价格数据。预计出口价格将环比上涨 1%,而进口价格将上涨 0.8%。相比之下,2 月份的涨幅分别为 1.6% 和 1.3%。</blockquote></p><p><b>The Federal Reserve</b> releases the beige book for the second of eight times this year. The beige book gathers anecdotal information on current economic conditions from the 12 Fed districts.</p><p><blockquote><b>美联储</b>今年八次中的第二次发布褐皮书。这本褐皮书收集了12个联储辖区当前经济状况的轶事信息。</blockquote></p><p><b>Thursday 4/15</b></p><p><blockquote><b>星期四 4/15</b></blockquote></p><p>Bank of America,BlackRock,Charles Schwab,Citigroup, Delta Air Lines, PepsiCo,PPG Industries,Truist Financial,U.S. Bancorp,and UnitedHealth Group report quarterly results.</p><p><blockquote>美国银行、贝莱德、嘉信理财、花旗集团、达美航空、百事可乐、PPG Industries、Truist Financial、美国。Bancorp 和联合健康集团报告季度业绩。</blockquote></p><p><b>The National Association</b> of Home Builders releases its NAHB/Wells Fargo Housing Market Index for April. Economists forecast an 84.5 reading, greater than the March data. Any reading above 50 indicates that home builders are bullish on the housing market for the next six months.</p><p><blockquote><b>全国协会</b>住宅建筑商协会发布了4月份的NAHB/富国银行房地产市场指数。经济学家预测读数为84.5,高于3月份的数据。任何高于 50 的读数都表明房屋建筑商看好未来六个月的房地产市场。</blockquote></p><p><b>The Census Bureau</b> reports retail sales data for March. The consensus call is for consumer spending to rise 1.3% month over month, after declining 3% in February.</p><p><blockquote><b>人口普查局</b>报告3月份零售销售数据。普遍的看涨期权是,消费者支出继 2 月份下降 3% 后,环比增长 1.3%。</blockquote></p><p><b>Friday 4/16</b></p><p><blockquote><b>4/16星期五</b></blockquote></p><p>Bank of New York Mellon,Citizens Financial Group,Kansas City Southern, Morgan Stanley,PNC Financial Services Group,and State Street hold conference calls to discuss earnings.</p><p><blockquote>纽约梅隆银行、公民金融集团、堪萨斯城南方银行、摩根士丹利、PNC 金融服务集团和道富银行在评级举行会议讨论盈利。</blockquote></p><p><b>The University of Michigan</b> releases its Consumer Sentiment Index for April. Expectations are for an 88 reading. March’s 84.9 figure was the highest since a year earlier.</p><p><blockquote><b>密歇根大学</b>发布4月份消费者信心指数。预期读数是88。3 月份的数字为 84.9,是一年前以来的最高水平。</blockquote></p><p><b>The Census Bureau</b> reports new residential construction data for March. Economists forecast a seasonally adjusted annual rate of 1.61 million housing starts, a 13% month-over-month increase.</p><p><blockquote><b>人口普查局</b>报告3月份新住宅建设数据。经济学家预测,经季节性调整后的新屋开工年率为161万套,环比增长13%。</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>JPMorgan Chase, Nvidia, Goldman Sachs, Coinbase, and Other Stocks for Investors to Watch This Week<blockquote>摩根大通、英伟达、高盛、比特币基地和其他投资者本周值得关注的股票</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nJPMorgan Chase, Nvidia, Goldman Sachs, Coinbase, and Other Stocks for Investors to Watch This Week<blockquote>摩根大通、英伟达、高盛、比特币基地和其他投资者本周值得关注的股票</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Barrons</strong><span class=\"h-time small\">2021-04-12 07:37</span>\n</p>\n</h4>\n</header>\n<article>\n<p>First-quarter earnings season kicks off this week, beginning as always with results from several of the largest U.S. banks. Goldman Sachs Group, JPMorgan Chase, and Wells Fargo report on Wednesday, followed by Bank of America and Citigroup on Thursday and Morgan Stanley on Friday.</p><p><blockquote>第一季度财报季将于本周拉开帷幕,一如既往地从美国几家最大银行的业绩开始。高盛集团、摩根大通和富国银行周三发布报告,随后美国银行和花旗集团周四发布报告,摩根士丹利周五发布报告。</blockquote></p><p>Other notable companies reporting this week include industrial supplier Fastenalon Tuesday.Delta Air Lines,PepsiCo,and UnitedHealth Group publish results on Thursday. And Kansas City Southern reports on Friday. A total of 22 S&P 500 companies report this week, followed by 64 next week.</p><p><blockquote>本周发布报告的其他知名公司包括工业供应商 Fastenalon 周二。达美航空公司、百事公司和联合健康集团将于周四公布业绩。堪萨斯城南方报周五报道。本周共有 22 家标普500公司发布报告,下周将有 64 家。</blockquote></p><p><img src=\"https://static.tigerbbs.com/ac3c413681d3a9e134223c4d1a02d883\" tg-width=\"1410\" tg-height=\"586\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p>It’s also a busy week for economic data. On Tuesday, the Bureau of Labor Statistics reports the consumer price index for March and the National Federation of Independent Business releases its Small Business Optimism Index for March. Then on Thursday, the Census Bureau reports retail sales data for March. And on Friday, the University of Michigan releases its Consumer Sentiment Index for April.</p><p><blockquote>对于经济数据来说,这也是繁忙的一周。周二,劳工统计局报告了3月份的消费者价格指数,全国独立企业联合会发布了3月份的小企业乐观指数。然后在周四,人口普查局报告了3月份的零售销售数据。周五,密歇根大学发布了 4 月份消费者信心指数。</blockquote></p><p>Housing-market data out this week include the National Association of Home Builders’ NAHB/Wells Fargo Housing Market Index for April on Thursday and the Census Bureau’s new residential construction data for March on Friday.</p><p><blockquote>本周公布的住房市场数据包括全美住宅建筑商协会(National Association of Home Builders)周四公布的 NAHB/富国银行(Wells Fargo)4 月份住房市场指数和人口普查局(Census Bureau)周五公布的 3 月份新住宅建筑数据。</blockquote></p><p><b>Monday 4/12</b></p><p><blockquote><b>12月4日星期一</b></blockquote></p><p>Nvidia hosts its 2021 investor day in conjunction with its GPU Technology conference. Nvidia CEO Jensen Huang will give the keynote address.</p><p><blockquote>Nvidia 将举办 2021 年投资者日及其 GPU 技术大会。英伟达首席执行官黄仁勋将发表主题演讲。</blockquote></p><p><b>Tuesday 4/13</b></p><p><blockquote><b>星期二 4/13</b></blockquote></p><p>Fastenal reports quarterly results.</p><p><blockquote>Fastenal 报告季度业绩。</blockquote></p><p><b>The Bureau of Labor</b> Statistics reports the consumer price index for March. Economists forecast a 0.4% monthly increase, matching the February data. The core CPI, which excludes volatile food and energy prices, is expected to rise 0.2%, after edging up 0.1% in February.</p><p><blockquote><b>劳工局</b>统计数据报告了三月份的消费者价格指数。经济学家预测月度增长 0.4%,与 2 月份的数据一致。剔除波动较大的食品和能源价格的核心CPI预计将上涨0.2%,此前2月份小幅上涨0.1%。</blockquote></p><p><b>The National Federation</b> of Independent Business releases its Small Business Optimism Index for March. Consensus estimate is for a 98 reading, higher than February’s 95.8.</p><p><blockquote><b>全国联合会</b>独立企业发布3月份小企业乐观指数。一致估计读数为 98,高于 2 月份的 95.8。</blockquote></p><p><b>Wednesday 4/14</b></p><p><blockquote><b>星期三 4/14</b></blockquote></p><p><b>Earnings season begins</b> in earnest with some of the largest money-center and investment banks reporting. JPMorgan Chase, Wells Fargo, and Goldman Sachs Group release first-quarter results before the market open.</p><p><blockquote><b>财报季开始</b>认真与一些最大的货币中心和投资银行进行报告。摩根大通、富国银行和高盛集团在开盘前发布第一季度业绩。</blockquote></p><p>First Republic Bankreleases earnings.</p><p><blockquote>第一共和银行发布收益。</blockquote></p><p><b>Coinbase Global</b> is set to make its Wall Street debut on Wednesday through a direct listing of its shares on the Nasdaq.</p><p><blockquote><b>比特币基地全球</b>将于周三通过在纳斯达克直接上市的方式在华尔街首次亮相。</blockquote></p><p><b>The BLS reports</b> export and import price data for March. Expectations are for a 1% month-over-month rise in export prices, while import prices are seen increasing 0.8%. This compares with gains of 1.6% and 1.3%, respectively, in February.</p><p><blockquote><b>BLS报告</b>3月份进出口价格数据。预计出口价格将环比上涨 1%,而进口价格将上涨 0.8%。相比之下,2 月份的涨幅分别为 1.6% 和 1.3%。</blockquote></p><p><b>The Federal Reserve</b> releases the beige book for the second of eight times this year. The beige book gathers anecdotal information on current economic conditions from the 12 Fed districts.</p><p><blockquote><b>美联储</b>今年八次中的第二次发布褐皮书。这本褐皮书收集了12个联储辖区当前经济状况的轶事信息。</blockquote></p><p><b>Thursday 4/15</b></p><p><blockquote><b>星期四 4/15</b></blockquote></p><p>Bank of America,BlackRock,Charles Schwab,Citigroup, Delta Air Lines, PepsiCo,PPG Industries,Truist Financial,U.S. Bancorp,and UnitedHealth Group report quarterly results.</p><p><blockquote>美国银行、贝莱德、嘉信理财、花旗集团、达美航空、百事可乐、PPG Industries、Truist Financial、美国。Bancorp 和联合健康集团报告季度业绩。</blockquote></p><p><b>The National Association</b> of Home Builders releases its NAHB/Wells Fargo Housing Market Index for April. Economists forecast an 84.5 reading, greater than the March data. Any reading above 50 indicates that home builders are bullish on the housing market for the next six months.</p><p><blockquote><b>全国协会</b>住宅建筑商协会发布了4月份的NAHB/富国银行房地产市场指数。经济学家预测读数为84.5,高于3月份的数据。任何高于 50 的读数都表明房屋建筑商看好未来六个月的房地产市场。</blockquote></p><p><b>The Census Bureau</b> reports retail sales data for March. The consensus call is for consumer spending to rise 1.3% month over month, after declining 3% in February.</p><p><blockquote><b>人口普查局</b>报告3月份零售销售数据。普遍的看涨期权是,消费者支出继 2 月份下降 3% 后,环比增长 1.3%。</blockquote></p><p><b>Friday 4/16</b></p><p><blockquote><b>4/16星期五</b></blockquote></p><p>Bank of New York Mellon,Citizens Financial Group,Kansas City Southern, Morgan Stanley,PNC Financial Services Group,and State Street hold conference calls to discuss earnings.</p><p><blockquote>纽约梅隆银行、公民金融集团、堪萨斯城南方银行、摩根士丹利、PNC 金融服务集团和道富银行在评级举行会议讨论盈利。</blockquote></p><p><b>The University of Michigan</b> releases its Consumer Sentiment Index for April. Expectations are for an 88 reading. March’s 84.9 figure was the highest since a year earlier.</p><p><blockquote><b>密歇根大学</b>发布4月份消费者信心指数。预期读数是88。3 月份的数字为 84.9,是一年前以来的最高水平。</blockquote></p><p><b>The Census Bureau</b> reports new residential construction data for March. Economists forecast a seasonally adjusted annual rate of 1.61 million housing starts, a 13% month-over-month increase.</p><p><blockquote><b>人口普查局</b>报告3月份新住宅建设数据。经济学家预测,经季节性调整后的新屋开工年率为161万套,环比增长13%。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源:<a href=\"https://www.barrons.com/articles/jpmorgan-chase-nvidia-goldman-sachs-delta-and-other-stocks-for-investors-to-watch-this-week-51618167609?mod=hp_LEAD_2\">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":{".SPX":"S&P 500 Index","WFC":"富国银行",".DJI":"道琼斯","GS":"高盛","NVDA":"英伟达","JPM":"摩根大通",".IXIC":"NASDAQ Composite","COIN":"Coinbase Global, Inc.","MS":"摩根士丹利"},"source_url":"https://www.barrons.com/articles/jpmorgan-chase-nvidia-goldman-sachs-delta-and-other-stocks-for-investors-to-watch-this-week-51618167609?mod=hp_LEAD_2","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1137529737","content_text":"First-quarter earnings season kicks off this week, beginning as always with results from several of the largest U.S. banks. Goldman Sachs Group, JPMorgan Chase, and Wells Fargo report on Wednesday, followed by Bank of America and Citigroup on Thursday and Morgan Stanley on Friday.Other notable companies reporting this week include industrial supplier Fastenalon Tuesday.Delta Air Lines,PepsiCo,and UnitedHealth Group publish results on Thursday. And Kansas City Southern reports on Friday. A total of 22 S&P 500 companies report this week, followed by 64 next week.It’s also a busy week for economic data. On Tuesday, the Bureau of Labor Statistics reports the consumer price index for March and the National Federation of Independent Business releases its Small Business Optimism Index for March. Then on Thursday, the Census Bureau reports retail sales data for March. And on Friday, the University of Michigan releases its Consumer Sentiment Index for April.Housing-market data out this week include the National Association of Home Builders’ NAHB/Wells Fargo Housing Market Index for April on Thursday and the Census Bureau’s new residential construction data for March on Friday.Monday 4/12Nvidia hosts its 2021 investor day in conjunction with its GPU Technology conference. Nvidia CEO Jensen Huang will give the keynote address.Tuesday 4/13Fastenal reports quarterly results.The Bureau of Labor Statistics reports the consumer price index for March. Economists forecast a 0.4% monthly increase, matching the February data. The core CPI, which excludes volatile food and energy prices, is expected to rise 0.2%, after edging up 0.1% in February.The National Federation of Independent Business releases its Small Business Optimism Index for March. Consensus estimate is for a 98 reading, higher than February’s 95.8.Wednesday 4/14Earnings season begins in earnest with some of the largest money-center and investment banks reporting. JPMorgan Chase, Wells Fargo, and Goldman Sachs Group release first-quarter results before the market open.First Republic Bankreleases earnings.Coinbase Global is set to make its Wall Street debut on Wednesday through a direct listing of its shares on the Nasdaq.The BLS reports export and import price data for March. Expectations are for a 1% month-over-month rise in export prices, while import prices are seen increasing 0.8%. This compares with gains of 1.6% and 1.3%, respectively, in February.The Federal Reserve releases the beige book for the second of eight times this year. The beige book gathers anecdotal information on current economic conditions from the 12 Fed districts.Thursday 4/15Bank of America,BlackRock,Charles Schwab,Citigroup, Delta Air Lines, PepsiCo,PPG Industries,Truist Financial,U.S. Bancorp,and UnitedHealth Group report quarterly results.The National Association of Home Builders releases its NAHB/Wells Fargo Housing Market Index for April. Economists forecast an 84.5 reading, greater than the March data. Any reading above 50 indicates that home builders are bullish on the housing market for the next six months.The Census Bureau reports retail sales data for March. The consensus call is for consumer spending to rise 1.3% month over month, after declining 3% in February.Friday 4/16Bank of New York Mellon,Citizens Financial Group,Kansas City Southern, Morgan Stanley,PNC Financial Services Group,and State Street hold conference calls to discuss earnings.The University of Michigan releases its Consumer Sentiment Index for April. Expectations are for an 88 reading. March’s 84.9 figure was the highest since a year earlier.The Census Bureau reports new residential construction data for March. Economists forecast a seasonally adjusted annual rate of 1.61 million housing starts, a 13% month-over-month increase.","news_type":1,"symbols_score_info":{"MS":0.9,"WFC":0.9,"COIN":0.9,"JPM":0.9,"NVDA":0.9,".IXIC":0.9,"GS":0.9,".DJI":0.9,".SPX":0.9}},"isVote":1,"tweetType":1,"viewCount":573,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}