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lee1234

lee1234

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2021-05-31

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2021-10-01

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2021-09-28

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2021-09-20

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Evergrande isn’t the only reason the stock market is headed for its worst day in 2 months. Here are 5 other reasons<blockquote>恒大并不是股市迎来两个月来最糟糕一天的唯一原因。以下是其他5个原因</blockquote>

2021-08-29

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2021-06-21

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2021-06-17

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2021-07-31

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}\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 shares fell more than 1% in morning trading<blockquote>特斯拉股价早盘下跌逾1%</blockquote>\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time smaller\">2021-11-12 22:33</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>Tesla&nbsp;shares&nbsp;fell&nbsp;more&nbsp;than&nbsp;1%&nbsp;in&nbsp;morning&nbsp;trading.<img src=\"https://static.tigerbbs.com/92a4ad4188b0f9937f5f99fdde05d569\" tg-width=\"879\" tg-height=\"615\" width=\"100%\" height=\"auto\">Tesla Inc&nbsp;Chief Executive Officer Elon Musk disclosed an additional share sale worth about $687 million in the electric-car maker, regulatory filings showed on Friday, after offloading about $5 billion in stock earlier in the week.</p><p><blockquote>特斯拉股价早盘下跌逾1%。监管文件显示，特斯拉首席执行官Elon Musk周五披露了这家电动汽车制造商价值约6.87亿美元的额外股票出售，此前该公司在本周早些时候出售了约50亿美元的股票。</blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSL":"1.25倍做多TSLA ETF-GraniteShares"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1108363615","content_text":"Tesla shares fell more than 1% in morning trading.Tesla Inc Chief Executive Officer Elon Musk disclosed an additional share sale worth about $687 million in the electric-car maker, regulatory filings showed on Friday, after offloading about $5 billion in stock earlier in the week.","news_type":1,"symbols_score_info":{"TSL":0.9}},"isVote":1,"tweetType":1,"viewCount":2872,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":870573736,"gmtCreate":1636639531111,"gmtModify":1636639531496,"author":{"id":"3579516715925048","authorId":"3579516715925048","name":"lee1234","avatar":"https://static.tigerbbs.com/c1a0ecabeae2d32250fce1eb7e612d3d","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3579516715925048","authorIdStr":"3579516715925048"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/870573736","repostId":"2182714068","repostType":4,"isVote":1,"tweetType":1,"viewCount":2707,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":870573447,"gmtCreate":1636639512494,"gmtModify":1636639512881,"author":{"id":"3579516715925048","authorId":"3579516715925048","name":"lee1234","avatar":"https://static.tigerbbs.com/c1a0ecabeae2d32250fce1eb7e612d3d","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3579516715925048","authorIdStr":"3579516715925048"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/870573447","repostId":"1171908836","repostType":4,"repost":{"id":"1171908836","kind":"news","pubTimestamp":1636637696,"share":"https://www.laohu8.com/m/news/1171908836?lang=zh_CN&edition=full","pubTime":"2021-11-11 21:34","market":"us","language":"en","title":"Uber Bumps Up Base Fares In London To Bring Back Drivers<blockquote>Uber提高伦敦基本票价以吸引司机回来</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1171908836","media":"Benzinga","summary":"Uber Technologies bumped up base fares in London by 10% to attract more drivers, Bloomberg reports.\n","content":"<p><div> Uber Technologies bumped up base fares in London by 10% to attract more drivers, Bloomberg reports. Customers traveling from Heathrow, Gatwick, Luton, and Stansted airports will face an additional 15%...</p><p><blockquote><div>据彭博社报道，Uber Technologies将伦敦的基本票价提高了10%，以吸引更多司机。从希思罗机场、盖特威克机场、卢顿机场和斯坦斯特德机场出发的乘客将面临额外15%的费用...</div></blockquote></p><p>  <a href=\"https://www.benzinga.com/news/21/11/24036197/uber-bumps-up-base-fares-in-london-to-bring-back-drivers\">网页链接</a>  </div> </p><p><blockquote><a href=\"https://www.benzinga.com/news/21/11/24036197/uber-bumps-up-base-fares-in-london-to-bring-back-drivers\">网页连接</a></blockquote></p><p></p>","source":"lsy1606299360108","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Uber Bumps Up Base Fares In London To Bring Back Drivers<blockquote>Uber提高伦敦基本票价以吸引司机回来</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\">\nUber Bumps Up Base Fares In London To Bring Back Drivers<blockquote>Uber提高伦敦基本票价以吸引司机回来</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Benzinga</strong><span class=\"h-time small\">2021-11-11 21:34</span>\n</p>\n</h4>\n</header>\n<article>\n<p><div> Uber Technologies bumped up base fares in London by 10% to attract more drivers, Bloomberg reports. Customers traveling from Heathrow, Gatwick, Luton, and Stansted airports will face an additional 15%...</p><p><blockquote><div>据彭博社报道，Uber Technologies将伦敦的基本票价提高了10%，以吸引更多司机。从希思罗机场、盖特威克机场、卢顿机场和斯坦斯特德机场出发的乘客将面临额外15%的费用...</div></blockquote></p><p>  <a href=\"https://www.benzinga.com/news/21/11/24036197/uber-bumps-up-base-fares-in-london-to-bring-back-drivers\">网页链接</a>  </div> </p><p><blockquote><a href=\"https://www.benzinga.com/news/21/11/24036197/uber-bumps-up-base-fares-in-london-to-bring-back-drivers\">网页连接</a></blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.benzinga.com/news/21/11/24036197/uber-bumps-up-base-fares-in-london-to-bring-back-drivers\">Benzinga</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"UBER":"优步"},"source_url":"https://www.benzinga.com/news/21/11/24036197/uber-bumps-up-base-fares-in-london-to-bring-back-drivers","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1171908836","content_text":"Uber Technologies bumped up base fares in London by 10% to attract more drivers, Bloomberg reports.\nCustomers traveling from Heathrow, Gatwick, Luton, and Stansted airports will face an additional 15% hike in fares at peak times.\nUber requires 20,000 more drivers to return to normal service levels.\nSome drivers switched from Uber to rapidly growing delivery businesses or rivals as the pandemic restricted the travel demand.\nUber had to offer drivers more benefits after the U.K. Supreme Court ruled the firm should recognize a group of them as “workers.”\nCustomers rebuked the ride-hailing provider on social media against longer waiting times and higher fares during peak hours as more workers opted to avoid public transit during the pandemic.\nPrice Action: UBER shares traded higher by 0.78% at $43.72 in the premarket session on the last check Thursday.","news_type":1,"symbols_score_info":{"UBER":0.9}},"isVote":1,"tweetType":1,"viewCount":3219,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":847967759,"gmtCreate":1636473268687,"gmtModify":1636473269000,"author":{"id":"3579516715925048","authorId":"3579516715925048","name":"lee1234","avatar":"https://static.tigerbbs.com/c1a0ecabeae2d32250fce1eb7e612d3d","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3579516715925048","authorIdStr":"3579516715925048"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/847967759","repostId":"1111023702","repostType":4,"repost":{"id":"1111023702","kind":"news","pubTimestamp":1636466834,"share":"https://www.laohu8.com/m/news/1111023702?lang=zh_CN&edition=full","pubTime":"2021-11-09 22:07","market":"us","language":"en","title":"Moderna seeks EU authorization for COVID-19 vaccine in young kids<blockquote>Moderna寻求欧盟授权为幼儿接种COVID-19疫苗</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1111023702","media":"Reuters","summary":"Nov 9 (Reuters) - Moderna Inc on Tuesday sought conditional marketing authorization with the Europea","content":"<p>Nov 9 (Reuters) - Moderna Inc on Tuesday sought conditional marketing authorization with the European Medicines Agency for use of its COVID-19 vaccine in children in the age-group of 6-11 years.</p><p><blockquote>路透11月9日-Moderna Inc周二向欧洲药品管理局寻求有条件营销授权，将其COVID-19疫苗用于6-11岁儿童。</blockquote></p><p> The vaccine was authorized for use in teens aged 12 to 17 years by the European Union in July, but several countries including Sweden have paused its use for people aged 30 and younger due to rare heart-related side-effects.</p><p><blockquote>该疫苗于7月获得欧盟授权用于12至17岁青少年，但由于罕见的心脏相关副作用，包括瑞典在内的几个国家已暂停在30岁及以下人群中使用。</blockquote></p><p> The drugmaker sought U.S. authorization of its vaccine for use in teens in June and is awaiting a decision by the U.S. Food and Drug Administration.</p><p><blockquote>该制药商于6月寻求美国授权其疫苗用于青少年，目前正在等待美国的决定。食品和药物管理局。</blockquote></p><p> \"This marks our first submission for the use of our vaccine in this age group,\" said Stéphane Bancel, Chief Executive of Moderna, adding the company will submit the data to other regulatory agencies around the world.</p><p><blockquote>Moderna首席执行官Stéphane Bancel表示：“这标志着我们首次提交在该年龄段使用疫苗的申请。”他补充说，该公司将向世界各地的其他监管机构提交数据。</blockquote></p><p></p>","source":"lsy1612507957220","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>Moderna seeks EU authorization for COVID-19 vaccine in young kids<blockquote>Moderna寻求欧盟授权为幼儿接种COVID-19疫苗</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\">\nModerna seeks EU authorization for COVID-19 vaccine in young kids<blockquote>Moderna寻求欧盟授权为幼儿接种COVID-19疫苗</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Reuters</strong><span class=\"h-time small\">2021-11-09 22:07</span>\n</p>\n</h4>\n</header>\n<article>\n<p>Nov 9 (Reuters) - Moderna Inc on Tuesday sought conditional marketing authorization with the European Medicines Agency for use of its COVID-19 vaccine in children in the age-group of 6-11 years.</p><p><blockquote>路透11月9日-Moderna Inc周二向欧洲药品管理局寻求有条件营销授权，将其COVID-19疫苗用于6-11岁儿童。</blockquote></p><p> The vaccine was authorized for use in teens aged 12 to 17 years by the European Union in July, but several countries including Sweden have paused its use for people aged 30 and younger due to rare heart-related side-effects.</p><p><blockquote>该疫苗于7月获得欧盟授权用于12至17岁青少年，但由于罕见的心脏相关副作用，包括瑞典在内的几个国家已暂停在30岁及以下人群中使用。</blockquote></p><p> The drugmaker sought U.S. authorization of its vaccine for use in teens in June and is awaiting a decision by the U.S. Food and Drug Administration.</p><p><blockquote>该制药商于6月寻求美国授权其疫苗用于青少年，目前正在等待美国的决定。食品和药物管理局。</blockquote></p><p> \"This marks our first submission for the use of our vaccine in this age group,\" said Stéphane Bancel, Chief Executive of Moderna, adding the company will submit the data to other regulatory agencies around the world.</p><p><blockquote>Moderna首席执行官Stéphane Bancel表示：“这标志着我们首次提交在该年龄段使用疫苗的申请。”他补充说，该公司将向世界各地的其他监管机构提交数据。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://finance.yahoo.com/news/1-moderna-seeks-eu-authorization-140344081.html\">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":{"MRNA":"Moderna, Inc."},"source_url":"https://finance.yahoo.com/news/1-moderna-seeks-eu-authorization-140344081.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1111023702","content_text":"Nov 9 (Reuters) - Moderna Inc on Tuesday sought conditional marketing authorization with the European Medicines Agency for use of its COVID-19 vaccine in children in the age-group of 6-11 years.\nThe vaccine was authorized for use in teens aged 12 to 17 years by the European Union in July, but several countries including Sweden have paused its use for people aged 30 and younger due to rare heart-related side-effects.\nThe drugmaker sought U.S. authorization of its vaccine for use in teens in June and is awaiting a decision by the U.S. Food and Drug Administration.\n\"This marks our first submission for the use of our vaccine in this age group,\" said Stéphane Bancel, Chief Executive of Moderna, adding the company will submit the data to other regulatory agencies around the world.","news_type":1,"symbols_score_info":{"MRNA":0.9}},"isVote":1,"tweetType":1,"viewCount":2187,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":842773221,"gmtCreate":1636249242215,"gmtModify":1636249521888,"author":{"id":"3579516715925048","authorId":"3579516715925048","name":"lee1234","avatar":"https://static.tigerbbs.com/c1a0ecabeae2d32250fce1eb7e612d3d","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3579516715925048","authorIdStr":"3579516715925048"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/842773221","repostId":"2181974224","repostType":4,"isVote":1,"tweetType":1,"viewCount":2887,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":842773175,"gmtCreate":1636249223923,"gmtModify":1636249520755,"author":{"id":"3579516715925048","authorId":"3579516715925048","name":"lee1234","avatar":"https://static.tigerbbs.com/c1a0ecabeae2d32250fce1eb7e612d3d","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3579516715925048","authorIdStr":"3579516715925048"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/842773175","repostId":"2181742241","repostType":4,"isVote":1,"tweetType":1,"viewCount":2986,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":846857943,"gmtCreate":1636074768830,"gmtModify":1636074769232,"author":{"id":"3579516715925048","authorId":"3579516715925048","name":"lee1234","avatar":"https://static.tigerbbs.com/c1a0ecabeae2d32250fce1eb7e612d3d","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3579516715925048","authorIdStr":"3579516715925048"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/846857943","repostId":"2181970597","repostType":4,"isVote":1,"tweetType":1,"viewCount":3546,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":846854511,"gmtCreate":1636074752834,"gmtModify":1636074753993,"author":{"id":"3579516715925048","authorId":"3579516715925048","name":"lee1234","avatar":"https://static.tigerbbs.com/c1a0ecabeae2d32250fce1eb7e612d3d","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3579516715925048","authorIdStr":"3579516715925048"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/846854511","repostId":"2181371812","repostType":4,"isVote":1,"tweetType":1,"viewCount":2346,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":846854987,"gmtCreate":1636074735842,"gmtModify":1636074736197,"author":{"id":"3579516715925048","authorId":"3579516715925048","name":"lee1234","avatar":"https://static.tigerbbs.com/c1a0ecabeae2d32250fce1eb7e612d3d","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3579516715925048","authorIdStr":"3579516715925048"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/846854987","repostId":"1123189020","repostType":4,"repost":{"id":"1123189020","kind":"news","pubTimestamp":1636072132,"share":"https://www.laohu8.com/m/news/1123189020?lang=zh_CN&edition=full","pubTime":"2021-11-05 08:28","market":"us","language":"en","title":"Dropbox: Q3 Earnings Snapshot<blockquote>Dropbox：第三季度收益快照</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1123189020","media":"ncadvertiser","summary":"SAN FRANCISCO (AP) _ Dropbox Inc. (DBX) on Thursday reported third-quarter earnings of $75.6 million","content":"<p>SAN FRANCISCO (AP) _ Dropbox Inc. (DBX) on Thursday reported third-quarter earnings of $75.6 million.</p><p><blockquote>旧金山（美联社）_Dropbox Inc.(DBX)周四公布第三季度收益为7560万美元。</blockquote></p><p> The San Francisco-based company said it had profit of 19 cents per share. Earnings, adjusted for one-time gains and costs, came to 37 cents per share.</p><p><blockquote>这家总部位于旧金山的公司表示，每股利润为19美分。经一次性收益和成本调整后，每股收益为37美分。</blockquote></p><p> The results surpassed Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 35 cents per share.</p><p><blockquote>结果超出了华尔街的预期。Zacks Investment Research调查的四位分析师的平均预期为每股收益35美分。</blockquote></p><p> The online file-sharing company posted revenue of $550.2 million in the period, which also beat Street forecasts. Four analysts surveyed by Zacks expected $544.3 million.</p><p><blockquote>这家在线文件共享公司在此期间的收入为5.502亿美元，也超出了华尔街的预期。Zacks调查的四位分析师预计为5.443亿美元。</blockquote></p><p></p>","source":"lsy1635986011130","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>Dropbox: Q3 Earnings Snapshot<blockquote>Dropbox：第三季度收益快照</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\">\nDropbox: Q3 Earnings Snapshot<blockquote>Dropbox：第三季度收益快照</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">ncadvertiser</strong><span class=\"h-time small\">2021-11-05 08:28</span>\n</p>\n</h4>\n</header>\n<article>\n<p>SAN FRANCISCO (AP) _ Dropbox Inc. (DBX) on Thursday reported third-quarter earnings of $75.6 million.</p><p><blockquote>旧金山（美联社）_Dropbox Inc.(DBX)周四公布第三季度收益为7560万美元。</blockquote></p><p> The San Francisco-based company said it had profit of 19 cents per share. Earnings, adjusted for one-time gains and costs, came to 37 cents per share.</p><p><blockquote>这家总部位于旧金山的公司表示，每股利润为19美分。经一次性收益和成本调整后，每股收益为37美分。</blockquote></p><p> The results surpassed Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 35 cents per share.</p><p><blockquote>结果超出了华尔街的预期。Zacks Investment Research调查的四位分析师的平均预期为每股收益35美分。</blockquote></p><p> The online file-sharing company posted revenue of $550.2 million in the period, which also beat Street forecasts. Four analysts surveyed by Zacks expected $544.3 million.</p><p><blockquote>这家在线文件共享公司在此期间的收入为5.502亿美元，也超出了华尔街的预期。Zacks调查的四位分析师预计为5.443亿美元。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.ncadvertiser.com/business/article/Dropbox-Q3-Earnings-Snapshot-16593265.php\">ncadvertiser</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":{"DBX":"Dropbox Inc."},"source_url":"https://www.ncadvertiser.com/business/article/Dropbox-Q3-Earnings-Snapshot-16593265.php","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1123189020","content_text":"SAN FRANCISCO (AP) _ Dropbox Inc. (DBX) on Thursday reported third-quarter earnings of $75.6 million.\nThe San Francisco-based company said it had profit of 19 cents per share. Earnings, adjusted for one-time gains and costs, came to 37 cents per share.\nThe results surpassed Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 35 cents per share.\nThe online file-sharing company posted revenue of $550.2 million in the period, which also beat Street forecasts. Four analysts surveyed by Zacks expected $544.3 million.","news_type":1,"symbols_score_info":{"DBX":0.9}},"isVote":1,"tweetType":1,"viewCount":2976,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":841431689,"gmtCreate":1635932224400,"gmtModify":1635932224749,"author":{"id":"3579516715925048","authorId":"3579516715925048","name":"lee1234","avatar":"https://static.tigerbbs.com/c1a0ecabeae2d32250fce1eb7e612d3d","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3579516715925048","authorIdStr":"3579516715925048"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/841431689","repostId":"1104890335","repostType":4,"repost":{"id":"1104890335","kind":"news","pubTimestamp":1635931950,"share":"https://www.laohu8.com/m/news/1104890335?lang=zh_CN&edition=full","pubTime":"2021-11-03 17:32","market":"us","language":"en","title":"Microsoft Is a High-Quality Name with a Premium Price Tag<blockquote>微软是一个高品质的名字，价格也很高</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1104890335","media":"InvestorPlace","summary":"MSFT stock sports solid profitability and growth -- but that comes at a cost","content":"<p><div> Microsoft (NASDAQ:MSFT) is one of the premier tech giants on the market. The company has solid fundamentals and some special features that make investors happy, such as buybacks and dividend increases...</p><p><blockquote><div>微软（纳斯达克：MSFT）是市场上首屈一指的科技巨头之一。该公司拥有坚实的基本面和一些让投资者满意的特殊功能，例如回购和股息增加...</div></blockquote></p><p>  <a href=\"https://investorplace.com/2021/11/msft-stock-is-a-high-quality-name-with-a-premium-price-tag/\">网页链接</a>  </div> </p><p><blockquote><a href=\"https://investorplace.com/2021/11/msft-stock-is-a-high-quality-name-with-a-premium-price-tag/\">网页连接</a></blockquote></p><p></p>","source":"lsy1606302653667","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>Microsoft Is a High-Quality Name with a Premium Price Tag<blockquote>微软是一个高品质的名字，价格也很高</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\">\nMicrosoft Is a High-Quality Name with a Premium Price Tag<blockquote>微软是一个高品质的名字，价格也很高</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">InvestorPlace</strong><span class=\"h-time small\">2021-11-03 17:32</span>\n</p>\n</h4>\n</header>\n<article>\n<p><div> Microsoft (NASDAQ:MSFT) is one of the premier tech giants on the market. The company has solid fundamentals and some special features that make investors happy, such as buybacks and dividend increases...</p><p><blockquote><div>微软（纳斯达克：MSFT）是市场上首屈一指的科技巨头之一。该公司拥有坚实的基本面和一些让投资者满意的特殊功能，例如回购和股息增加...</div></blockquote></p><p>  <a href=\"https://investorplace.com/2021/11/msft-stock-is-a-high-quality-name-with-a-premium-price-tag/\">网页链接</a>  </div> </p><p><blockquote><a href=\"https://investorplace.com/2021/11/msft-stock-is-a-high-quality-name-with-a-premium-price-tag/\">网页连接</a></blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://investorplace.com/2021/11/msft-stock-is-a-high-quality-name-with-a-premium-price-tag/\">InvestorPlace</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":{"MSFT":"微软"},"source_url":"https://investorplace.com/2021/11/msft-stock-is-a-high-quality-name-with-a-premium-price-tag/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1104890335","content_text":"Microsoft (NASDAQ:MSFT) is one of the premier tech giants on the market. The company has solid fundamentals and some special features that make investors happy, such as buybacks and dividend increases. With gains of about 50% year-to-date (YTD), MSFT stock has also outperformed the broader U.S. stock market. Now all eyes are on the fiscal 2022 first-quarter earnings report, which the company released on Oct. 26.\nDoes MSFT stock have more upside potential this year? The earnings report is crucial to the company maintaining its strong momentum. Mainly, the two factors that now concern me about Microsoft are the premium reflected in its stock price and the potential slowdown in its revenue growth.\nHere’s what you should know about MSFT stock moving forward.\nMSFT Stock: Consistency and a Strong Balance Sheet\nMicrosoft is a textbook top-quality stock. It’s highly profitable and has increased revenue and shareholder equity as well as reduced debt. At the same time, it has also implemented a share buyback program and consistently increased its dividend. In fact, that consistency is something I appreciate the most about MSFT stock.\nThe growth numbers speak for themselves here. Data taken fromMorningstarshows solid 3-year average growth for revenue (15.06%), operating income (25.87%), net income (54.63%) and diluted earnings per share (EPS) (55.77%). The strong balance sheet is another positive factor. Microsoft has reduced its debt-equity (D/E) ratio to o.42.\nOn top of all this, one of my favorite financial metrics — free cash flow (FCF) — is also demonstrating strength for this name. The free cash flow has consistently increased for years now. For fiscal 2021, Microsoft reported FCF of $56.12 billion, an increase of 24% year-over-year (YOY). This FCF was particularly exceptional, as the company reported a high gross margin (68.9%), operating margin (41.6%) and net margin (36.4%) for the period as well.\nAll told, Microsoft was firing on all cylinders last year — and it seems to be continuing that strength.\nDividend Increases and Share Repurchases\nLike I noted before, another reason to like MSFT stock are its dividend increases and share repurchases. The company’s consistency in this department is noteworthy. What’s more, on Sept. 14, Microsoft announced some very positive news for shareholders.\nThe news? A quarterly dividend of 62 cents — an 11% increase over the previous quarter — as well as a “new share repurchase program authorizing up to $60 billion in share repurchases.”\nFor some time, the number of shares outstanding here has been declining while the yearly dividend has been climbing. In particular, Microsoft seems to be keeping up with an average 10% annual increase for its dividend. Notably, though, its current payout of around 27% is both sustainable and also the lowest ratio reported in recent years.\nSo, Microsoft has rewarded investors with a consistent dividend policy and consistent share buybacks. That’s a big plus for investors. But the company could easily increase its dividend rate from here, given the current payout ratio. My best guess? Management will soon weigh the tradeoff between future growth and returning capital to its shareholders.\nWhat to Make of Recent Earnings\nDividends and the like aside, though, I have had a different main concern with MSFT stock. My worry? The potential slowdown in revenue and earnings. However, the recent earnings report has revealed some positives.\nWhen Microsoft released Q1 fiscal 2022 earnings in late October, it showed a “strong start” to the year. Specifically, Executive Vice President and CFO Amy Hood noted that Microsoft Cloud generated “$20.7 billion in revenue for the quarter, up 36% year over year.” Furthermore, revenue for the period came to $45.3 billion, an increase of 22%. Meanwhile, operating income was $20.2 billion — up 27% — and non-GAAP net income was $17.2 billion. The latter was an increase of 24%. Finally, diluted non-GAAP earnings per share (EPS) was $2.27, up 25%.\nThese financial results show that a growth slowdown doesn’t seem to be in the cards — at least not yet. But if we do see any misses in the coming quarters? Well, investors may want to take future results with a grain of salt.\nIn a word, it all comes down toseasonality. In the company’s annual 10-K report for fiscal 2021, Microsoft stated the following (Page 40):\n\n “Our revenue fluctuates quarterly and is generally higher in the second and fourth quarters of our fiscal year. Second quarter revenue is driven by corporate year-end spending trends in our major markets and holiday season spending by consumers, and fourth quarter revenue is driven by the volume of multi-year on-premises contracts executed during the period.”\n\nSo, while investors may be inclined to worry about misses in the future, they may not have to as much — especially for the first and third quarters.\nA Diversified Business and Pricey Stock\nThe last thing I will note about Microsoft, however, is the company’s relevance in recent years — and its diversity.\nFor one, Microsoft has embraced the digital work environment whole-heartedly. It has several diversified streams of revenue — from the Xbox to LinkedIn to cloud computing, virtual reality (VR) and artificial intelligence (AI). Moreover, it has also made changes to its investor metrics, heightening transparency and helping investors evaluate the company’s progress accurately. But does all of this mean you should invest in MSFT stock?\nThe pluses about the company aside, MSFT is still a tough name to consider buying right now. Of course, relative valuation is just one method of analysis. However, data from CSI Market is mixed on whether Microsoft is undervalued or not. For example, the price-earnings (P/E) ratio is currently 37.26, compared to the Industry P/E of 35 and Sector P/E of 27.\nThat said, Microsoft also has a PEG ratio of 0.84. This suggests it is undervalued. Still, checking the trailing price-sales (P/S) ratio of 14, the company’s P/S is higher than the sector median as well. The same goes for the company’s price-book (P/B) ratio and price-cash flow ratio.\nOverall, these metrics suggest that MSFT stock is now trading at a premium.\nThe Verdict on MSFT Stock\nAll told, MSFT stock is an excellent name that trades at an extremely high cost.\nThis company boasts solid fundamentals and robust growth. It also returns capital to shareholders. Still, it’s incredibly pricey as well. Any selloff would make for a better risk-adjusted investment opportunity here — unless Microsoft hikes its dividend rate even faster or expands its share repurchase program.\nAt some point, a slowdown in revenue and EPS may come into play. This factor will be crucial for potential investors. However, that may take a long time to arrive as well.","news_type":1,"symbols_score_info":{"MSFT":0.9}},"isVote":1,"tweetType":1,"viewCount":885,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":854576723,"gmtCreate":1635471019044,"gmtModify":1635471065758,"author":{"id":"3579516715925048","authorId":"3579516715925048","name":"lee1234","avatar":"https://static.tigerbbs.com/c1a0ecabeae2d32250fce1eb7e612d3d","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3579516715925048","authorIdStr":"3579516715925048"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/854576723","repostId":"2178642602","repostType":4,"isVote":1,"tweetType":1,"viewCount":1370,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":854576658,"gmtCreate":1635471003033,"gmtModify":1635471063618,"author":{"id":"3579516715925048","authorId":"3579516715925048","name":"lee1234","avatar":"https://static.tigerbbs.com/c1a0ecabeae2d32250fce1eb7e612d3d","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3579516715925048","authorIdStr":"3579516715925048"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/854576658","repostId":"1197599551","repostType":4,"repost":{"id":"1197599551","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":1635461289,"share":"https://www.laohu8.com/m/news/1197599551?lang=zh_CN&edition=full","pubTime":"2021-10-29 06:48","market":"us","language":"en","title":"Amazon badly misses on earnings and revenue, gives disappointing guidance<blockquote>亚马逊的盈利和收入严重下滑，给出的指引令人失望</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1197599551","media":"Tiger Newspress","summary":"Amazon shares dropped more than 4% in extended trading on Thursday after the company reported weaker","content":"<p>Amazon&nbsp;shares dropped more than 4% in extended trading on Thursday after the company&nbsp;reported&nbsp;weaker-than-expected results for the third quarter and delivered disappointing guidance for the critical holiday period.</p><p><blockquote>亚马逊股价周四在盘后交易中下跌超过4%，此前该公司公布了弱于预期的第三季度业绩，并为关键假期期间提供了令人失望的指引。</blockquote></p><p> <ul>  <li><b>Earnings:</b>$6.12 vs $8.92 per share expected, according to analysts surveyed by Refinitiv</li>  <li><b>Revenue:</b>$110.81 billion vs $111.6 billion expected, according to analysts surveyed by Refinitiv</li> </ul> <img src=\"https://static.tigerbbs.com/33b2c00e116cbf6cb68edeaf56f48177\" tg-width=\"847\" tg-height=\"621\" referrerpolicy=\"no-referrer\"></p><p><blockquote><ul><li><b>收益：</b>Refinitiv调查的分析师表示，每股6.12美元，预期为8.92美元</li><li><b>收入：</b>根据Refinitiv调查的分析师，预计为1,108.1亿美元，而预期为1,116亿美元</li></ul></blockquote></p><p> Amazon&nbsp;is reckoning with decelerating sales growth as consumers go back to physical stores and the company faces supply chain challenges. Revenue in the third quarter rose 15%, down from 37% growth in the same period a year ago.</p><p><blockquote>随着消费者重返实体店以及该公司面临供应链挑战，亚马逊预计销售增长将放缓。第三季度营收增长15%，低于去年同期37%的增幅。</blockquote></p><p> For the fourth quarter, Amazon forecast sales between $130 billion and $140 billion, representing growth between 4% and 12%. Analysts surveyed by FactSet were expecting revenue to rise 13.2% year-over-year to $142.1 billion.</p><p><blockquote>亚马逊预测第四季度销售额在1300亿美元至1400亿美元之间，增长率在4%至12%之间。FactSet调查的分析师预计营收将同比增长13.2%至1,421亿美元。</blockquote></p><p> Amazon.com Inc&nbsp;on Thursday reported a slump in profit that it expects will continue through the holiday quarter, as higher wages and spending to attract workers diminish the company's windfall from online shopping.</p><p><blockquote>亚马逊公司周四报告称，由于工资上涨和吸引员工的支出减少了该公司从网上购物中获得的意外之财，预计这种情况将持续到整个假期季度。</blockquote></p><p> After a year of blockbuster results, the world's largest online retailer is facing a tougher outlook. In a tight labor market, it has boosted average U.S. warehouse pay to $18 per hour and marketed ever bigger signing bonuses to attract blue-collar staff it needs to keep its high-turnover operation humming.</p><p><blockquote>在经历了一年的重磅业绩之后，这家全球最大的在线零售商正面临着更加严峻的前景。在劳动力市场紧张的情况下，该公司已将美国仓库的平均工资提高至每小时18美元，并推出更高的签约奖金，以吸引维持其高流动率业务所需的蓝领员工。</blockquote></p><p> The company meanwhile is contending with global supply chain disruptions. It has doubled its container processing ability, expanded its delivery service partner program and has ramped up its warehouse investments - all at a noteworthy cost.</p><p><blockquote>与此同时，该公司正在应对全球供应链中断的问题。它将集装箱处理能力提高了一倍，扩大了送货服务合作伙伴计划，并增加了仓库投资——所有这些都付出了巨大的成本。</blockquote></p><p> The company said it expects operating profit for the current quarter to be between $0 and $3.0 billion, short of $6.9 billion Amazon posted the year prior. In the just-ended third quarter, net income fell by about 50% to $3.16 billion, a first since the start of the coronavirus pandemic in the United States.</p><p><blockquote>该公司表示，预计本季度营业利润将在0至30亿美元之间，低于亚马逊去年公布的69亿美元。在刚刚结束的第三季度，净利润下降了约50%，至31.6亿美元，这是自美国冠状病毒大流行开始以来的首次。</blockquote></p><p> Andy Jassy, who took the helm of Amazon as CEO in July, said in a statement the company would incur several billion dollars of extra expenses in its consumer business to deal with higher shipping costs, increased wages and labor shortages.</p><p><blockquote>7月份接任亚马逊首席执行官的安迪·贾西(Andy Jassy)在一份声明中表示，该公司将在消费者业务上产生数十亿美元的额外支出，以应对运输成本上涨、工资上涨和劳动力短缺。</blockquote></p><p> Amazon is \"doing whatever it takes to minimize the impact on customers and selling partners this holiday season,\" he said. \"It'll be expensive for us in the short term, but it's the right prioritization for our customers and partners.\"</p><p><blockquote>他表示，亚马逊正在“尽一切努力将这个假期对客户和销售合作伙伴的影响降至最低”。“短期内这对我们来说会很昂贵，但对于我们的客户和合作伙伴来说，这是正确的优先事项。”</blockquote></p><p> The retailer has strived to prevent a repeat of the 2013 season when delays left some without presents on Christmas Day.</p><p><blockquote>该零售商努力防止2013年的情况重演，当时延误导致一些人在圣诞节没有收到礼物。</blockquote></p><p> Retailers are facing supply constraints on everything from toys and Nike sneakers to laptops, making it difficult for them to stock their shelves.</p><p><blockquote>零售商面临着从玩具、耐克运动鞋到笔记本电脑等各种商品的供应限制，这使得他们很难在货架上备货。</blockquote></p><p> Supply chain woes are also costing Apple Inc&nbsp;- $6 billion in sales during the company's fiscal fourth quarter according to results released on Thursday. Apple Chief Executive Tim Cook said that the impact will be even worse during the holiday sales quarter.</p><p><blockquote>供应链困境也导致苹果公司损失——根据周四发布的业绩，该公司第四财季销售额损失60亿美元。苹果首席执行官Tim Cook表示，在假日销售季度，影响会更严重。</blockquote></p><p> Some analysts like Nicholas Hyett of Hargreaves Lansdown gave Amazon a pass, recognizing the company's track record of high spending to deliver for customers has paid off in the long run.</p><p><blockquote>Hargreaves Lansdown的尼古拉斯·海耶特(Nicholas Hyett)等一些分析师给了亚马逊一个通行证，他们认识到该公司为客户提供服务的高支出记录从长远来看已经得到了回报。</blockquote></p><p> \"Amazon has never been overly focused on the bottom line,\" Hyett said. \"That willingness to invest in what the group hopes will be long term success at the expense of short term profits is on display again in these results.\"</p><p><blockquote>“亚马逊从未过度关注利润，”海耶特说。“这些业绩再次体现了集团愿意以牺牲短期利润为代价投资于长期成功的意愿。”</blockquote></p><p> <b>LABOR SHORTAGE</b></p><p><blockquote><b>劳动力短缺</b></blockquote></p><p> Guru Hariharan, a former Amazon manager who is now CEO of CommerceIQ, said out-of-stocks were at an all time high for the company.</p><p><blockquote>前亚马逊经理、现任CommerceIQ首席执行官古鲁·哈里哈兰(Guru Hariharan)表示，该公司的缺货情况达到了历史最高水平。</blockquote></p><p> \"The online marketplace will need to continue to address fill rates to meet demand before the holiday shopping season,\" he said.</p><p><blockquote>“在线市场需要继续解决填充率问题，以满足假日购物季之前的需求，”他说。</blockquote></p><p> Amazon CFO Brian Olsavsky said on a call with reporters that the labor shortage had been a challenge, leading to inconsistent staffing levels. Workers, not physical space, became its primary capacity constraint in the third quarter, he said.</p><p><blockquote>亚马逊CFO Brian Olsavsky在与记者举行的看涨期权上表示，劳动力短缺一直是一个挑战，导致人员配备水平不一致。他表示，第三季度的主要产能限制是工人，而不是物理空间。</blockquote></p><p> And that has had a ripple effect.</p><p><blockquote>这产生了连锁反应。</blockquote></p><p> \"Inventory placement is frequently redirected to fulfillment centers that have labor to receive this product, which results in less optimal placement, which leads to longer and more expensive transportation routes,\" he said.</p><p><blockquote>他说：“库存放置经常被重定向到有劳动力接收该产品的履行中心，这导致放置不太理想，从而导致运输路线更长、更昂贵。”</blockquote></p><p> Amazon faced an extra $2 billion in costs from labor, inflation and operational disruptions, an amount that is supposed to rise to $4 billion in the current period, Olsavsky said.</p><p><blockquote>奥尔萨夫斯基表示，亚马逊面临着来自劳动力、通货膨胀和运营中断的额外20亿美元成本，预计这一数字在当前时期将升至40亿美元。</blockquote></p><p> Staff are pushing for more, too. Around 2,000 workers in New York City petitioned this week for a vote on whether to make their warehouse the company's first unionized facility in the United States.</p><p><blockquote>员工们也在争取更多。纽约市约2000名工人本周请愿投票，决定是否将他们的仓库作为该公司在美国的第一个工会设施。</blockquote></p><p></p><p> To juice sales, the company began encouraging customers to shop holiday deals as early as Oct. 4 this year. Still, consumers have begun returning to pre-pandemic shopping levels, spending more on travel and services, Olsavsky said.</p><p><blockquote>为了刺激销售，该公司早在今年10月4日就开始鼓励顾客购买假日优惠商品。奥尔萨夫斯基表示，尽管如此，消费者已经开始恢复到大流行前的购物水平，在旅行和服务上花费更多。</blockquote></p><p> The company forecast fourth-quarter sales to be between $130 billion and $140 billion. Analysts were expecting $142.05 billion, according to IBES data from Refinitiv. It missed expectations for third-quarter sales as well, witnessing its slowest growth since the COVID-19 outbreak.</p><p><blockquote>该公司预计第四季度销售额将在1300亿美元至1400亿美元之间。根据Refinitiv的IBES数据，分析师预计为1,420.5亿美元。该公司第三季度销售额也未达到预期，出现自COVID-19爆发以来最慢的增长。</blockquote></p><p> Amazon's cloud computing division was a bright spot. Olsavsky said revenue growth re-accelerated for that business, and the company beat analysts' expectations with net sales of $16.1 billion in the quarter. Amazon Web Services has seen sales rise with demand for gaming and remote work during the pandemic.</p><p><blockquote>亚马逊的云计算部门是一个亮点。Olsavsky表示，该业务的收入增长重新加速，该公司本季度净销售额达到161亿美元，超出了分析师的预期。随着疫情期间对游戏和远程工作的需求，亚马逊网络服务的销售额有所增长。</blockquote></p><p> Total net sales rose to $110.81 billion in the third quarter ended Sept. 30, from $96.15 billion, a year earlier.</p><p><blockquote>截至9月30日的第三季度总净销售额从去年同期的961.5亿美元增至1108.1亿美元。</blockquote></p><p> Analysts had predicted $111.60 billion, according to IBES data from Refinitiv.</p><p><blockquote>根据Refinitiv的IBES数据，分析师此前预测为1116亿美元。</blockquote></p><p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Amazon badly misses on earnings and revenue, gives disappointing guidance<blockquote>亚马逊的盈利和收入严重下滑，给出的指引令人失望</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAmazon badly misses on earnings and revenue, gives disappointing guidance<blockquote>亚马逊的盈利和收入严重下滑，给出的指引令人失望</blockquote>\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time smaller\">2021-10-29 06:48</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>Amazon&nbsp;shares dropped more than 4% in extended trading on Thursday after the company&nbsp;reported&nbsp;weaker-than-expected results for the third quarter and delivered disappointing guidance for the critical holiday period.</p><p><blockquote>亚马逊股价周四在盘后交易中下跌超过4%，此前该公司公布了弱于预期的第三季度业绩，并为关键假期期间提供了令人失望的指引。</blockquote></p><p> <ul>  <li><b>Earnings:</b>$6.12 vs $8.92 per share expected, according to analysts surveyed by Refinitiv</li>  <li><b>Revenue:</b>$110.81 billion vs $111.6 billion expected, according to analysts surveyed by Refinitiv</li> </ul> <img src=\"https://static.tigerbbs.com/33b2c00e116cbf6cb68edeaf56f48177\" tg-width=\"847\" tg-height=\"621\" referrerpolicy=\"no-referrer\"></p><p><blockquote><ul><li><b>收益：</b>Refinitiv调查的分析师表示，每股6.12美元，预期为8.92美元</li><li><b>收入：</b>根据Refinitiv调查的分析师，预计为1,108.1亿美元，而预期为1,116亿美元</li></ul></blockquote></p><p> Amazon&nbsp;is reckoning with decelerating sales growth as consumers go back to physical stores and the company faces supply chain challenges. Revenue in the third quarter rose 15%, down from 37% growth in the same period a year ago.</p><p><blockquote>随着消费者重返实体店以及该公司面临供应链挑战，亚马逊预计销售增长将放缓。第三季度营收增长15%，低于去年同期37%的增幅。</blockquote></p><p> For the fourth quarter, Amazon forecast sales between $130 billion and $140 billion, representing growth between 4% and 12%. Analysts surveyed by FactSet were expecting revenue to rise 13.2% year-over-year to $142.1 billion.</p><p><blockquote>亚马逊预测第四季度销售额在1300亿美元至1400亿美元之间，增长率在4%至12%之间。FactSet调查的分析师预计营收将同比增长13.2%至1,421亿美元。</blockquote></p><p> Amazon.com Inc&nbsp;on Thursday reported a slump in profit that it expects will continue through the holiday quarter, as higher wages and spending to attract workers diminish the company's windfall from online shopping.</p><p><blockquote>亚马逊公司周四报告称，由于工资上涨和吸引员工的支出减少了该公司从网上购物中获得的意外之财，预计这种情况将持续到整个假期季度。</blockquote></p><p> After a year of blockbuster results, the world's largest online retailer is facing a tougher outlook. In a tight labor market, it has boosted average U.S. warehouse pay to $18 per hour and marketed ever bigger signing bonuses to attract blue-collar staff it needs to keep its high-turnover operation humming.</p><p><blockquote>在经历了一年的重磅业绩之后，这家全球最大的在线零售商正面临着更加严峻的前景。在劳动力市场紧张的情况下，该公司已将美国仓库的平均工资提高至每小时18美元，并推出更高的签约奖金，以吸引维持其高流动率业务所需的蓝领员工。</blockquote></p><p> The company meanwhile is contending with global supply chain disruptions. It has doubled its container processing ability, expanded its delivery service partner program and has ramped up its warehouse investments - all at a noteworthy cost.</p><p><blockquote>与此同时，该公司正在应对全球供应链中断的问题。它将集装箱处理能力提高了一倍，扩大了送货服务合作伙伴计划，并增加了仓库投资——所有这些都付出了巨大的成本。</blockquote></p><p> The company said it expects operating profit for the current quarter to be between $0 and $3.0 billion, short of $6.9 billion Amazon posted the year prior. In the just-ended third quarter, net income fell by about 50% to $3.16 billion, a first since the start of the coronavirus pandemic in the United States.</p><p><blockquote>该公司表示，预计本季度营业利润将在0至30亿美元之间，低于亚马逊去年公布的69亿美元。在刚刚结束的第三季度，净利润下降了约50%，至31.6亿美元，这是自美国冠状病毒大流行开始以来的首次。</blockquote></p><p> Andy Jassy, who took the helm of Amazon as CEO in July, said in a statement the company would incur several billion dollars of extra expenses in its consumer business to deal with higher shipping costs, increased wages and labor shortages.</p><p><blockquote>7月份接任亚马逊首席执行官的安迪·贾西(Andy Jassy)在一份声明中表示，该公司将在消费者业务上产生数十亿美元的额外支出，以应对运输成本上涨、工资上涨和劳动力短缺。</blockquote></p><p> Amazon is \"doing whatever it takes to minimize the impact on customers and selling partners this holiday season,\" he said. \"It'll be expensive for us in the short term, but it's the right prioritization for our customers and partners.\"</p><p><blockquote>他表示，亚马逊正在“尽一切努力将这个假期对客户和销售合作伙伴的影响降至最低”。“短期内这对我们来说会很昂贵，但对于我们的客户和合作伙伴来说，这是正确的优先事项。”</blockquote></p><p> The retailer has strived to prevent a repeat of the 2013 season when delays left some without presents on Christmas Day.</p><p><blockquote>该零售商努力防止2013年的情况重演，当时延误导致一些人在圣诞节没有收到礼物。</blockquote></p><p> Retailers are facing supply constraints on everything from toys and Nike sneakers to laptops, making it difficult for them to stock their shelves.</p><p><blockquote>零售商面临着从玩具、耐克运动鞋到笔记本电脑等各种商品的供应限制，这使得他们很难在货架上备货。</blockquote></p><p> Supply chain woes are also costing Apple Inc&nbsp;- $6 billion in sales during the company's fiscal fourth quarter according to results released on Thursday. Apple Chief Executive Tim Cook said that the impact will be even worse during the holiday sales quarter.</p><p><blockquote>供应链困境也导致苹果公司损失——根据周四发布的业绩，该公司第四财季销售额损失60亿美元。苹果首席执行官Tim Cook表示，在假日销售季度，影响会更严重。</blockquote></p><p> Some analysts like Nicholas Hyett of Hargreaves Lansdown gave Amazon a pass, recognizing the company's track record of high spending to deliver for customers has paid off in the long run.</p><p><blockquote>Hargreaves Lansdown的尼古拉斯·海耶特(Nicholas Hyett)等一些分析师给了亚马逊一个通行证，他们认识到该公司为客户提供服务的高支出记录从长远来看已经得到了回报。</blockquote></p><p> \"Amazon has never been overly focused on the bottom line,\" Hyett said. \"That willingness to invest in what the group hopes will be long term success at the expense of short term profits is on display again in these results.\"</p><p><blockquote>“亚马逊从未过度关注利润，”海耶特说。“这些业绩再次体现了集团愿意以牺牲短期利润为代价投资于长期成功的意愿。”</blockquote></p><p> <b>LABOR SHORTAGE</b></p><p><blockquote><b>劳动力短缺</b></blockquote></p><p> Guru Hariharan, a former Amazon manager who is now CEO of CommerceIQ, said out-of-stocks were at an all time high for the company.</p><p><blockquote>前亚马逊经理、现任CommerceIQ首席执行官古鲁·哈里哈兰(Guru Hariharan)表示，该公司的缺货情况达到了历史最高水平。</blockquote></p><p> \"The online marketplace will need to continue to address fill rates to meet demand before the holiday shopping season,\" he said.</p><p><blockquote>“在线市场需要继续解决填充率问题，以满足假日购物季之前的需求，”他说。</blockquote></p><p> Amazon CFO Brian Olsavsky said on a call with reporters that the labor shortage had been a challenge, leading to inconsistent staffing levels. Workers, not physical space, became its primary capacity constraint in the third quarter, he said.</p><p><blockquote>亚马逊CFO Brian Olsavsky在与记者举行的看涨期权上表示，劳动力短缺一直是一个挑战，导致人员配备水平不一致。他表示，第三季度的主要产能限制是工人，而不是物理空间。</blockquote></p><p> And that has had a ripple effect.</p><p><blockquote>这产生了连锁反应。</blockquote></p><p> \"Inventory placement is frequently redirected to fulfillment centers that have labor to receive this product, which results in less optimal placement, which leads to longer and more expensive transportation routes,\" he said.</p><p><blockquote>他说：“库存放置经常被重定向到有劳动力接收该产品的履行中心，这导致放置不太理想，从而导致运输路线更长、更昂贵。”</blockquote></p><p> Amazon faced an extra $2 billion in costs from labor, inflation and operational disruptions, an amount that is supposed to rise to $4 billion in the current period, Olsavsky said.</p><p><blockquote>奥尔萨夫斯基表示，亚马逊面临着来自劳动力、通货膨胀和运营中断的额外20亿美元成本，预计这一数字在当前时期将升至40亿美元。</blockquote></p><p> Staff are pushing for more, too. Around 2,000 workers in New York City petitioned this week for a vote on whether to make their warehouse the company's first unionized facility in the United States.</p><p><blockquote>员工们也在争取更多。纽约市约2000名工人本周请愿投票，决定是否将他们的仓库作为该公司在美国的第一个工会设施。</blockquote></p><p></p><p> To juice sales, the company began encouraging customers to shop holiday deals as early as Oct. 4 this year. Still, consumers have begun returning to pre-pandemic shopping levels, spending more on travel and services, Olsavsky said.</p><p><blockquote>为了刺激销售，该公司早在今年10月4日就开始鼓励顾客购买假日优惠商品。奥尔萨夫斯基表示，尽管如此，消费者已经开始恢复到大流行前的购物水平，在旅行和服务上花费更多。</blockquote></p><p> The company forecast fourth-quarter sales to be between $130 billion and $140 billion. Analysts were expecting $142.05 billion, according to IBES data from Refinitiv. It missed expectations for third-quarter sales as well, witnessing its slowest growth since the COVID-19 outbreak.</p><p><blockquote>该公司预计第四季度销售额将在1300亿美元至1400亿美元之间。根据Refinitiv的IBES数据，分析师预计为1,420.5亿美元。该公司第三季度销售额也未达到预期，出现自COVID-19爆发以来最慢的增长。</blockquote></p><p> Amazon's cloud computing division was a bright spot. Olsavsky said revenue growth re-accelerated for that business, and the company beat analysts' expectations with net sales of $16.1 billion in the quarter. Amazon Web Services has seen sales rise with demand for gaming and remote work during the pandemic.</p><p><blockquote>亚马逊的云计算部门是一个亮点。Olsavsky表示，该业务的收入增长重新加速，该公司本季度净销售额达到161亿美元，超出了分析师的预期。随着疫情期间对游戏和远程工作的需求，亚马逊网络服务的销售额有所增长。</blockquote></p><p> Total net sales rose to $110.81 billion in the third quarter ended Sept. 30, from $96.15 billion, a year earlier.</p><p><blockquote>截至9月30日的第三季度总净销售额从去年同期的961.5亿美元增至1108.1亿美元。</blockquote></p><p> Analysts had predicted $111.60 billion, according to IBES data from Refinitiv.</p><p><blockquote>根据Refinitiv的IBES数据，分析师此前预测为1116亿美元。</blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AMZN":"亚马逊"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1197599551","content_text":"Amazon shares dropped more than 4% in extended trading on Thursday after the company reported weaker-than-expected results for the third quarter and delivered disappointing guidance for the critical holiday period.\n\nEarnings:$6.12 vs $8.92 per share expected, according to analysts surveyed by Refinitiv\nRevenue:$110.81 billion vs $111.6 billion expected, according to analysts surveyed by Refinitiv\n\n\nAmazon is reckoning with decelerating sales growth as consumers go back to physical stores and the company faces supply chain challenges. Revenue in the third quarter rose 15%, down from 37% growth in the same period a year ago.\nFor the fourth quarter, Amazon forecast sales between $130 billion and $140 billion, representing growth between 4% and 12%. Analysts surveyed by FactSet were expecting revenue to rise 13.2% year-over-year to $142.1 billion.\nAmazon.com Inc on Thursday reported a slump in profit that it expects will continue through the holiday quarter, as higher wages and spending to attract workers diminish the company's windfall from online shopping.\nAfter a year of blockbuster results, the world's largest online retailer is facing a tougher outlook. In a tight labor market, it has boosted average U.S. warehouse pay to $18 per hour and marketed ever bigger signing bonuses to attract blue-collar staff it needs to keep its high-turnover operation humming.\nThe company meanwhile is contending with global supply chain disruptions. It has doubled its container processing ability, expanded its delivery service partner program and has ramped up its warehouse investments - all at a noteworthy cost.\nThe company said it expects operating profit for the current quarter to be between $0 and $3.0 billion, short of $6.9 billion Amazon posted the year prior. In the just-ended third quarter, net income fell by about 50% to $3.16 billion, a first since the start of the coronavirus pandemic in the United States.\nAndy Jassy, who took the helm of Amazon as CEO in July, said in a statement the company would incur several billion dollars of extra expenses in its consumer business to deal with higher shipping costs, increased wages and labor shortages.\nAmazon is \"doing whatever it takes to minimize the impact on customers and selling partners this holiday season,\" he said. \"It'll be expensive for us in the short term, but it's the right prioritization for our customers and partners.\"\nThe retailer has strived to prevent a repeat of the 2013 season when delays left some without presents on Christmas Day.\nRetailers are facing supply constraints on everything from toys and Nike sneakers to laptops, making it difficult for them to stock their shelves.\nSupply chain woes are also costing Apple Inc - $6 billion in sales during the company's fiscal fourth quarter according to results released on Thursday. Apple Chief Executive Tim Cook said that the impact will be even worse during the holiday sales quarter.\nSome analysts like Nicholas Hyett of Hargreaves Lansdown gave Amazon a pass, recognizing the company's track record of high spending to deliver for customers has paid off in the long run.\n\"Amazon has never been overly focused on the bottom line,\" Hyett said. \"That willingness to invest in what the group hopes will be long term success at the expense of short term profits is on display again in these results.\"\nLABOR SHORTAGE\nGuru Hariharan, a former Amazon manager who is now CEO of CommerceIQ, said out-of-stocks were at an all time high for the company.\n\"The online marketplace will need to continue to address fill rates to meet demand before the holiday shopping season,\" he said.\nAmazon CFO Brian Olsavsky said on a call with reporters that the labor shortage had been a challenge, leading to inconsistent staffing levels. Workers, not physical space, became its primary capacity constraint in the third quarter, he said.\nAnd that has had a ripple effect.\n\"Inventory placement is frequently redirected to fulfillment centers that have labor to receive this product, which results in less optimal placement, which leads to longer and more expensive transportation routes,\" he said.\nAmazon faced an extra $2 billion in costs from labor, inflation and operational disruptions, an amount that is supposed to rise to $4 billion in the current period, Olsavsky said.\nStaff are pushing for more, too. Around 2,000 workers in New York City petitioned this week for a vote on whether to make their warehouse the company's first unionized facility in the United States.\nTo juice sales, the company began encouraging customers to shop holiday deals as early as Oct. 4 this year. Still, consumers have begun returning to pre-pandemic shopping levels, spending more on travel and services, Olsavsky said.\nThe company forecast fourth-quarter sales to be between $130 billion and $140 billion. Analysts were expecting $142.05 billion, according to IBES data from Refinitiv. It missed expectations for third-quarter sales as well, witnessing its slowest growth since the COVID-19 outbreak.\nAmazon's cloud computing division was a bright spot. Olsavsky said revenue growth re-accelerated for that business, and the company beat analysts' expectations with net sales of $16.1 billion in the quarter. Amazon Web Services has seen sales rise with demand for gaming and remote work during the pandemic.\nTotal net sales rose to $110.81 billion in the third quarter ended Sept. 30, from $96.15 billion, a year earlier.\nAnalysts had predicted $111.60 billion, according to IBES data from Refinitiv.","news_type":1,"symbols_score_info":{"AMZN":0.9}},"isVote":1,"tweetType":1,"viewCount":641,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":854175063,"gmtCreate":1635430529371,"gmtModify":1635430529779,"author":{"id":"3579516715925048","authorId":"3579516715925048","name":"lee1234","avatar":"https://static.tigerbbs.com/c1a0ecabeae2d32250fce1eb7e612d3d","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3579516715925048","authorIdStr":"3579516715925048"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/854175063","repostId":"1190327375","repostType":4,"repost":{"id":"1190327375","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":1635429680,"share":"https://www.laohu8.com/m/news/1190327375?lang=zh_CN&edition=full","pubTime":"2021-10-28 22:01","market":"us","language":"en","title":"Digital Brands soared nearly 80% after it launched on Amazon Prime<blockquote>Digital Brands在亚马逊Prime上推出后飙升近80%</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1190327375","media":"Tiger Newspress","summary":"Digital Brands Group shares soared nearly 80%  as the digital-first clothing retailer launched on Am","content":"<p>Digital Brands Group&nbsp;shares&nbsp;soared&nbsp;nearly&nbsp;80%&nbsp; as the digital-first clothing retailer launched on Amazon Prime. </p><p><blockquote>随着数字优先服装零售商Digital Brands Group在Amazon Prime上推出，其股价飙升近80%。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/d8e59ccb594d7c43211c3664bfa184ca\" tg-width=\"889\" tg-height=\"622\" referrerpolicy=\"no-referrer\">Digital Brands chose to undergo a longer on-boarding process to receive approval for Amazon Prime.</p><p><blockquote>数字品牌选择经历更长的入职流程来获得亚马逊Prime的批准。</blockquote></p><p> \"We believe the extra time and work it took to qualify for Amazon Prime will result in much higher short and long-term value versus just selling as a third party on Amazon's site,\" said&nbsp;Laura Dowling, Chief Marketing Officer of Digital Brands Group.</p><p><blockquote>Digital Brands Group首席营销官劳拉·道林(Laura Dowling)表示：“我们相信，与仅作为第三方在亚马逊网站上销售相比，获得Amazon Prime资格所需的额外时间和工作将带来更高的短期和长期价值。”</blockquote></p><p> Furthermore, in the next three days, DSTLD's Brand Store will launch on Amazon, which will include DSTLD's own videos and branded content.</p><p><blockquote>此外，在接下来的三天里，DSTLD的品牌商店将在亚马逊上推出，其中将包括DSTLD自己的视频和品牌内容。</blockquote></p><p> 'We are excited to finally move into our growth phase, and believe these programs will show the power of our platform and the growth opportunity for Q4 of 2021 and 2022,\" said CEO Hil Davis, adding that the company intends to grow through acquisitions.</p><p><blockquote>首席执行官Hil Davis表示：“我们很高兴终于进入增长阶段，并相信这些计划将展示我们平台的力量以及2021年第四季度和2022年的增长机会。”他补充说，公司打算通过收购实现增长。</blockquote></p><p> Digital Brands is guiding for&nbsp;350% revenue growth for its FY 2022.</p><p><blockquote>Digital Brands预计2022财年收入增长350%。</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>Digital Brands soared nearly 80% after it launched on Amazon Prime<blockquote>Digital Brands在亚马逊Prime上推出后飙升近80%</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\">\nDigital Brands soared nearly 80% after it launched on Amazon Prime<blockquote>Digital Brands在亚马逊Prime上推出后飙升近80%</blockquote>\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time smaller\">2021-10-28 22:01</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>Digital Brands Group&nbsp;shares&nbsp;soared&nbsp;nearly&nbsp;80%&nbsp; as the digital-first clothing retailer launched on Amazon Prime. </p><p><blockquote>随着数字优先服装零售商Digital Brands Group在Amazon Prime上推出，其股价飙升近80%。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/d8e59ccb594d7c43211c3664bfa184ca\" tg-width=\"889\" tg-height=\"622\" referrerpolicy=\"no-referrer\">Digital Brands chose to undergo a longer on-boarding process to receive approval for Amazon Prime.</p><p><blockquote>数字品牌选择经历更长的入职流程来获得亚马逊Prime的批准。</blockquote></p><p> \"We believe the extra time and work it took to qualify for Amazon Prime will result in much higher short and long-term value versus just selling as a third party on Amazon's site,\" said&nbsp;Laura Dowling, Chief Marketing Officer of Digital Brands Group.</p><p><blockquote>Digital Brands Group首席营销官劳拉·道林(Laura Dowling)表示：“我们相信，与仅作为第三方在亚马逊网站上销售相比，获得Amazon Prime资格所需的额外时间和工作将带来更高的短期和长期价值。”</blockquote></p><p> Furthermore, in the next three days, DSTLD's Brand Store will launch on Amazon, which will include DSTLD's own videos and branded content.</p><p><blockquote>此外，在接下来的三天里，DSTLD的品牌商店将在亚马逊上推出，其中将包括DSTLD自己的视频和品牌内容。</blockquote></p><p> 'We are excited to finally move into our growth phase, and believe these programs will show the power of our platform and the growth opportunity for Q4 of 2021 and 2022,\" said CEO Hil Davis, adding that the company intends to grow through acquisitions.</p><p><blockquote>首席执行官Hil Davis表示：“我们很高兴终于进入增长阶段，并相信这些计划将展示我们平台的力量以及2021年第四季度和2022年的增长机会。”他补充说，公司打算通过收购实现增长。</blockquote></p><p> Digital Brands is guiding for&nbsp;350% revenue growth for its FY 2022.</p><p><blockquote>Digital Brands预计2022财年收入增长350%。</blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"DBGI":"Digital Brands Group, Inc.","AMZN":"亚马逊"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1190327375","content_text":"Digital Brands Group shares soared nearly 80%  as the digital-first clothing retailer launched on Amazon Prime. \nDigital Brands chose to undergo a longer on-boarding process to receive approval for Amazon Prime.\n\"We believe the extra time and work it took to qualify for Amazon Prime will result in much higher short and long-term value versus just selling as a third party on Amazon's site,\" said Laura Dowling, Chief Marketing Officer of Digital Brands Group.\nFurthermore, in the next three days, DSTLD's Brand Store will launch on Amazon, which will include DSTLD's own videos and branded content.\n'We are excited to finally move into our growth phase, and believe these programs will show the power of our platform and the growth opportunity for Q4 of 2021 and 2022,\" said CEO Hil Davis, adding that the company intends to grow through acquisitions.\nDigital Brands is guiding for 350% revenue growth for its FY 2022.","news_type":1,"symbols_score_info":{"DBGI":0.9,"AMZN":0.9}},"isVote":1,"tweetType":1,"viewCount":723,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":856108414,"gmtCreate":1635157203933,"gmtModify":1635157204269,"author":{"id":"3579516715925048","authorId":"3579516715925048","name":"lee1234","avatar":"https://static.tigerbbs.com/c1a0ecabeae2d32250fce1eb7e612d3d","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3579516715925048","authorIdStr":"3579516715925048"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/856108414","repostId":"2178808449","repostType":4,"isVote":1,"tweetType":1,"viewCount":923,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":851287682,"gmtCreate":1634910837903,"gmtModify":1634911254911,"author":{"id":"3579516715925048","authorId":"3579516715925048","name":"lee1234","avatar":"https://static.tigerbbs.com/c1a0ecabeae2d32250fce1eb7e612d3d","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3579516715925048","authorIdStr":"3579516715925048"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/851287682","repostId":"1154277407","repostType":4,"repost":{"id":"1154277407","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":1634910256,"share":"https://www.laohu8.com/m/news/1154277407?lang=zh_CN&edition=full","pubTime":"2021-10-22 21:44","market":"us","language":"en","title":"Tesla soared nearly 1% and reached an all-time high at 903.32<blockquote>特斯拉大涨近1%创903.32历史新高</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1154277407","media":"Tiger Newspress","summary":"Tesla soared nearly 1% and reached an all-time high at 903.32.On the morning of October 21st, Tesla","content":"<p>Tesla&nbsp;soared nearly&nbsp;1% and reached an all-time high at&nbsp;903.32.<img src=\"https://static.tigerbbs.com/9efe14c5fd20d7c4f39cc2a21c93b034\" tg-width=\"1039\" tg-height=\"554\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\">On the morning of October 21st, Tesla Motors announced its financial results for the third quarter of 2021.</p><p><blockquote>特斯拉飙升近1%，达到903.32的历史新高。10月21日早间，特斯拉公布2021年第三季度财务业绩。</blockquote></p><p> The financial report shows that Tesla Motors's third-quarter revenue was 13.757 billion US dollars, a year-on-year increase of 57%; The net profit attributable to ordinary shareholders was US $1.618 billion, a year-on-year increase of 389%; Diluted earnings per share was $1.44, compared with $0.27 in the same period last year.</p><p><blockquote>财报显示，特斯拉第三季度营收137.57亿美元，同比增长57%；归属于普通股股东的净利润16.18亿美元，同比增长389%；摊薄后每股收益为1.44美元，上年同期为0.27美元。</blockquote></p><p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Tesla soared nearly 1% and reached an all-time high at 903.32<blockquote>特斯拉大涨近1%创903.32历史新高</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 soared nearly 1% and reached an all-time high at 903.32<blockquote>特斯拉大涨近1%创903.32历史新高</blockquote>\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time smaller\">2021-10-22 21:44</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>Tesla&nbsp;soared nearly&nbsp;1% and reached an all-time high at&nbsp;903.32.<img src=\"https://static.tigerbbs.com/9efe14c5fd20d7c4f39cc2a21c93b034\" tg-width=\"1039\" tg-height=\"554\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\">On the morning of October 21st, Tesla Motors announced its financial results for the third quarter of 2021.</p><p><blockquote>特斯拉飙升近1%，达到903.32的历史新高。10月21日早间，特斯拉公布2021年第三季度财务业绩。</blockquote></p><p> The financial report shows that Tesla Motors's third-quarter revenue was 13.757 billion US dollars, a year-on-year increase of 57%; The net profit attributable to ordinary shareholders was US $1.618 billion, a year-on-year increase of 389%; Diluted earnings per share was $1.44, compared with $0.27 in the same period last year.</p><p><blockquote>财报显示，特斯拉第三季度营收137.57亿美元，同比增长57%；归属于普通股股东的净利润16.18亿美元，同比增长389%；摊薄后每股收益为1.44美元，上年同期为0.27美元。</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":"1154277407","content_text":"Tesla soared nearly 1% and reached an all-time high at 903.32.On the morning of October 21st, Tesla Motors announced its financial results for the third quarter of 2021.\nThe financial report shows that Tesla Motors's third-quarter revenue was 13.757 billion US dollars, a year-on-year increase of 57%; The net profit attributable to ordinary shareholders was US $1.618 billion, a year-on-year increase of 389%; Diluted earnings per share was $1.44, compared with $0.27 in the same period last year.","news_type":1,"symbols_score_info":{"TSLA":0.9}},"isVote":1,"tweetType":1,"viewCount":826,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":850816179,"gmtCreate":1634570388092,"gmtModify":1634570388488,"author":{"id":"3579516715925048","authorId":"3579516715925048","name":"lee1234","avatar":"https://static.tigerbbs.com/c1a0ecabeae2d32250fce1eb7e612d3d","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3579516715925048","authorIdStr":"3579516715925048"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/850816179","repostId":"1162786410","repostType":4,"isVote":1,"tweetType":1,"viewCount":1320,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":850816374,"gmtCreate":1634570376708,"gmtModify":1634570377024,"author":{"id":"3579516715925048","authorId":"3579516715925048","name":"lee1234","avatar":"https://static.tigerbbs.com/c1a0ecabeae2d32250fce1eb7e612d3d","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3579516715925048","authorIdStr":"3579516715925048"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/850816374","repostId":"1177726885","repostType":4,"repost":{"id":"1177726885","kind":"news","pubTimestamp":1634568658,"share":"https://www.laohu8.com/m/news/1177726885?lang=zh_CN&edition=full","pubTime":"2021-10-18 22:50","market":"us","language":"en","title":"Disney+ magic fades: Barclays downgrades Walt Disney after three years<blockquote>迪士尼+魔力消退：巴克莱三年后下调华特迪士尼评级</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1177726885","media":"Reuters","summary":"Walt Disney's stock received a rare Wall Street downgrade on Monday, as Barclays called for bold cha","content":"<p>Walt Disney's stock received a rare Wall Street downgrade on Monday, as Barclays called for bold changes from the media giant to reverse slowing growth at its Disney+ streaming service.</p><p><blockquote>华特迪士尼的股票周一受到华尔街罕见的下调，巴克莱银行呼吁这家媒体巨头做出大胆的改变，以扭转其Disney+流媒体服务增长放缓的局面。</blockquote></p><p> Disney Chief Executive Officer Bob Chapek last month hinted at a slowdown in Disney+, saying fourth-quarter global paid subscribers will grow by \"low single digit\" millions compared with a rise of 58.5 million in the previous three months.</p><p><blockquote>迪士尼首席执行官鲍勃·查佩克(Bob Chapek)上个月暗示Disney+将放缓，称第四季度全球付费用户将增长“低个位数”百万，而前三个月的增幅为5850万。</blockquote></p><p> Disney+, which has one of the richest portfolios of media content, had a blockbuster launch in 2019; it attracted new subscribers with its hit \"Star Wars\" and \"Avengers\" franchises.</p><p><blockquote>Disney+拥有最丰富的媒体内容组合之一，在2019年推出了重磅产品；它凭借热门的《星球大战》和《复仇者联盟》系列吸引了新订户。</blockquote></p><p> Rival streaming platforms such as Netflix Inc, Apple TV+ and Amazon Prime Video have had a different approach. They invested heavily on original content to draw in subscribers.</p><p><blockquote>Netflix Inc、苹果TV+和Amazon Prime Video等竞争对手流媒体平台采取了不同的方法。他们在原创内容上投入巨资以吸引订户。</blockquote></p><p> \"While the company (Disney) appears to be targeting one new piece of content a week, not every piece of content has the same franchise value or visibility,\" Barclays analyst Kannan Venkateshwar said.</p><p><blockquote>巴克莱分析师Kannan Venkateshwar表示：“虽然公司（迪士尼）的目标似乎是每周推出一条新内容，但并非每条内容都具有相同的特许经营价值或知名度。”</blockquote></p><p> Barclays also said the slowdown in Disney+ subscribers could not be solely attributed to a pull forward in additions in 2020, when streaming platforms gained popularity as people hunkering down at home sought entertainment.</p><p><blockquote>巴克莱还表示，Disney+用户数量的放缓不能仅仅归因于2020年新增用户数量的增加，当时随着人们呆在家里寻求娱乐，流媒体平台越来越受欢迎。</blockquote></p><p> To achieve its target of 230 million to 260 million Disney+ subscribers by the end of fiscal 2024, Disney will need to more than double its current pace of growth to at least the same level as Netflix, according to Barclays.</p><p><blockquote>巴克莱表示，为了实现到2024财年末拥有2.3亿至2.6亿Disney+用户的目标，迪士尼需要将目前的增长速度提高一倍以上，至少达到与Netflix相同的水平。</blockquote></p><p> Netflix, which is due to report its quarterly results on Tuesday, had 209 million subscribers as of the quarter ended June. Disney+ had 116 million paying customers.</p><p><blockquote>Netflix将于周二公布季度业绩，截至6月的季度，该公司拥有2.09亿订阅用户。Disney+拥有1.16亿付费客户。</blockquote></p><p> Disney shares, which have not been downgraded by any brokerage so far this year, fell about 2% in early trading.</p><p><blockquote>迪士尼股价今年迄今未被任何券商下调评级，早盘下跌约2%。</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>Disney+ magic fades: Barclays downgrades Walt Disney after three years<blockquote>迪士尼+魔力消退：巴克莱三年后下调华特迪士尼评级</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\">\nDisney+ magic fades: Barclays downgrades Walt Disney after three years<blockquote>迪士尼+魔力消退：巴克莱三年后下调华特迪士尼评级</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Reuters</strong><span class=\"h-time small\">2021-10-18 22:50</span>\n</p>\n</h4>\n</header>\n<article>\n<p>Walt Disney's stock received a rare Wall Street downgrade on Monday, as Barclays called for bold changes from the media giant to reverse slowing growth at its Disney+ streaming service.</p><p><blockquote>华特迪士尼的股票周一受到华尔街罕见的下调，巴克莱银行呼吁这家媒体巨头做出大胆的改变，以扭转其Disney+流媒体服务增长放缓的局面。</blockquote></p><p> Disney Chief Executive Officer Bob Chapek last month hinted at a slowdown in Disney+, saying fourth-quarter global paid subscribers will grow by \"low single digit\" millions compared with a rise of 58.5 million in the previous three months.</p><p><blockquote>迪士尼首席执行官鲍勃·查佩克(Bob Chapek)上个月暗示Disney+将放缓，称第四季度全球付费用户将增长“低个位数”百万，而前三个月的增幅为5850万。</blockquote></p><p> Disney+, which has one of the richest portfolios of media content, had a blockbuster launch in 2019; it attracted new subscribers with its hit \"Star Wars\" and \"Avengers\" franchises.</p><p><blockquote>Disney+拥有最丰富的媒体内容组合之一，在2019年推出了重磅产品；它凭借热门的《星球大战》和《复仇者联盟》系列吸引了新订户。</blockquote></p><p> Rival streaming platforms such as Netflix Inc, Apple TV+ and Amazon Prime Video have had a different approach. They invested heavily on original content to draw in subscribers.</p><p><blockquote>Netflix Inc、苹果TV+和Amazon Prime Video等竞争对手流媒体平台采取了不同的方法。他们在原创内容上投入巨资以吸引订户。</blockquote></p><p> \"While the company (Disney) appears to be targeting one new piece of content a week, not every piece of content has the same franchise value or visibility,\" Barclays analyst Kannan Venkateshwar said.</p><p><blockquote>巴克莱分析师Kannan Venkateshwar表示：“虽然公司（迪士尼）的目标似乎是每周推出一条新内容，但并非每条内容都具有相同的特许经营价值或知名度。”</blockquote></p><p> Barclays also said the slowdown in Disney+ subscribers could not be solely attributed to a pull forward in additions in 2020, when streaming platforms gained popularity as people hunkering down at home sought entertainment.</p><p><blockquote>巴克莱还表示，Disney+用户数量的放缓不能仅仅归因于2020年新增用户数量的增加，当时随着人们呆在家里寻求娱乐，流媒体平台越来越受欢迎。</blockquote></p><p> To achieve its target of 230 million to 260 million Disney+ subscribers by the end of fiscal 2024, Disney will need to more than double its current pace of growth to at least the same level as Netflix, according to Barclays.</p><p><blockquote>巴克莱表示，为了实现到2024财年末拥有2.3亿至2.6亿Disney+用户的目标，迪士尼需要将目前的增长速度提高一倍以上，至少达到与Netflix相同的水平。</blockquote></p><p> Netflix, which is due to report its quarterly results on Tuesday, had 209 million subscribers as of the quarter ended June. Disney+ had 116 million paying customers.</p><p><blockquote>Netflix将于周二公布季度业绩，截至6月的季度，该公司拥有2.09亿订阅用户。Disney+拥有1.16亿付费客户。</blockquote></p><p> Disney shares, which have not been downgraded by any brokerage so far this year, fell about 2% in early trading.</p><p><blockquote>迪士尼股价今年迄今未被任何券商下调评级，早盘下跌约2%。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://finance.yahoo.com/news/disney-magic-fades-barclays-downgrades-142636250.html\">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":{"DIS":"迪士尼"},"source_url":"https://finance.yahoo.com/news/disney-magic-fades-barclays-downgrades-142636250.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1177726885","content_text":"Walt Disney's stock received a rare Wall Street downgrade on Monday, as Barclays called for bold changes from the media giant to reverse slowing growth at its Disney+ streaming service.\nDisney Chief Executive Officer Bob Chapek last month hinted at a slowdown in Disney+, saying fourth-quarter global paid subscribers will grow by \"low single digit\" millions compared with a rise of 58.5 million in the previous three months.\nDisney+, which has one of the richest portfolios of media content, had a blockbuster launch in 2019; it attracted new subscribers with its hit \"Star Wars\" and \"Avengers\" franchises.\nRival streaming platforms such as Netflix Inc, Apple TV+ and Amazon Prime Video have had a different approach. They invested heavily on original content to draw in subscribers.\n\"While the company (Disney) appears to be targeting one new piece of content a week, not every piece of content has the same franchise value or visibility,\" Barclays analyst Kannan Venkateshwar said.\nBarclays also said the slowdown in Disney+ subscribers could not be solely attributed to a pull forward in additions in 2020, when streaming platforms gained popularity as people hunkering down at home sought entertainment.\nTo achieve its target of 230 million to 260 million Disney+ subscribers by the end of fiscal 2024, Disney will need to more than double its current pace of growth to at least the same level as Netflix, according to Barclays.\nNetflix, which is due to report its quarterly results on Tuesday, had 209 million subscribers as of the quarter ended June. Disney+ had 116 million paying customers.\nDisney shares, which have not been downgraded by any brokerage so far this year, fell about 2% in early trading.","news_type":1,"symbols_score_info":{"DIS":0.9}},"isVote":1,"tweetType":1,"viewCount":815,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":826059714,"gmtCreate":1633960513763,"gmtModify":1633960513922,"author":{"id":"3579516715925048","authorId":"3579516715925048","name":"lee1234","avatar":"https://static.tigerbbs.com/c1a0ecabeae2d32250fce1eb7e612d3d","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3579516715925048","authorIdStr":"3579516715925048"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/826059714","repostId":"1161933729","repostType":4,"repost":{"id":"1161933729","kind":"news","pubTimestamp":1633958941,"share":"https://www.laohu8.com/m/news/1161933729?lang=zh_CN&edition=full","pubTime":"2021-10-11 21:29","market":"us","language":"en","title":"Coca-Cola Vs. PepsiCo: Soda Wars<blockquote>可口可乐与百事可乐：汽水大战</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1161933729","media":"Seeking Alpha","summary":"Summary\n\nPEP and KO are peers, but there are still major differences when it comes to product lineup","content":"<p><b>Summary</b></p><p><blockquote><b>总结</b></blockquote></p><p> <ul>  <li>PEP and KO are peers, but there are still major differences when it comes to product lineups, past performance, etc.</li>  <li>Investors should note the approach to shareholder returns that the two companies employ. PEP looks significantly stronger than KO in that regard.</li>  <li>Shares should never be bought without considering valuation, and neither of the two companies is especially cheap today.</li> </ul> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/6553924a83f82941c04031f70a5bd30a\" tg-width=\"1536\" tg-height=\"930\" width=\"100%\" height=\"auto\"><span>subjug/iStock via Getty Images</span></p><p><blockquote><ul><li>PEP和KO是同行，但在产品阵容、过往业绩等方面仍存在较大差异。</li><li>投资者应注意两家公司采用的股东回报方法。在这方面，PEP看起来明显比KO强。</li><li>在不考虑估值的情况下，永远不应该购买股票，而且这两家公司今天都不是特别便宜。</li></ul><p class=\"t-img-caption\"><span>subjug/iStock来自Getty Images</span></p></blockquote></p><p> <b>Article Thesis</b></p><p><blockquote><b>文章论文</b></blockquote></p><p> Coca-Cola (KO) and PepsiCo (PEP) are well-liked consumer staples companies that are widely owned among retail investors due to their reliable dividends. The two differ in terms of their product lineups, relative growth outlook, dividend growth properties, and capital allocation, however. We'll pitch them against each other in this report to see what company ultimately is the better choice.</p><p><blockquote>可口可乐（KO）和百事可乐（PEP）是广受欢迎的必需消费品公司，由于其可靠的股息而被散户投资者广泛持有。然而，两者在产品阵容、相对增长前景、股息增长特性和资本配置方面有所不同。我们将在本报告中让它们相互竞争，看看哪家公司最终是更好的选择。</blockquote></p><p> <b>Coca-Cola And PepsiCo: Peers, But There Are Important Differences</b></p><p><blockquote><b>可口可乐和百事可乐：同行，但存在重要差异</b></blockquote></p><p> Coca-Cola and PepsiCo are mostly known for their famous sodas. Coca-Cola, Sprite, etc. are owned by Coca-Cola, while PepsiCo owns Pepsi, Mountain Dew, etc. Importantly, Coca-Cola is an entirely drinks-focused company, while PepsiCo also owns a sizeable snacks business, which is the first key differentiator between the two companies.</p><p><blockquote>可口可乐和百事可乐最出名的是他们著名的苏打水。可口可乐、雪碧等。归可口可乐所有，而百事可乐拥有百事可乐、激浪等。重要的是，可口可乐是一家完全专注于饮料的公司，而百事可乐还拥有相当规模的零食业务，这是两家公司之间的第一个关键差异化因素。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/5c96e7cde4814796e251f1adad9d4a5b\" tg-width=\"635\" tg-height=\"433\" width=\"100%\" height=\"auto\"><span>Data by YCharts</span></p><p><blockquote><p class=\"t-img-caption\"><span>数据来自YCharts</span></p></blockquote></p><p> PepsiCo's more diversified business, which gives the company exposure to higher-growth product categories such as snacks, explains why PepsiCo has been able to grow its revenue reliably over the last couple of years. The company's top line rose by more than 20% in total, reaching $77 billion, while Coca-Cola has suffered from a<i>decline</i>in its revenue over the same time.</p><p><blockquote>百事公司更加多元化的业务使该公司能够接触到零食等高增长的产品类别，这解释了为什么百事公司在过去几年中能够可靠地增长收入。该公司的营收总额增长了20%以上，达到770亿美元，而可口可乐则遭受了<i>下降</i>同期的收入。</blockquote></p><p> Coca-Cola's top line was also impacted by refranchising efforts, but even adjusted for that, KO clearly underperformed PepsiCo. This is also visible when we look at the performance during the pandemic: PepsiCo was able to grow its revenue reliably, and revenues during the last year were considerably higher than before the crisis. Coca-Cola, meanwhile, was not able to grow its revenue and experienced meaningful sales headwinds.</p><p><blockquote>可口可乐的营收也受到了重新特许经营努力的影响，但即使进行了调整，KO的表现也明显落后于百事可乐。当我们观察大流行期间的表现时，这一点也很明显：百事可乐能够可靠地增长其收入，并且去年的收入远高于危机前。与此同时，可口可乐未能增加收入，并经历了严重的销售阻力。</blockquote></p><p> This can be explained by the fact that PepsiCo's product portfolio is more diversified overall, and on top of that, its snacks business continued to do very well during lockdowns when consumers spent more time at home. Coca-Cola, meanwhile, with its larger dependence on soft drinks, was feeling a larger impact -- festivals, sports tournaments, and other large-scale events were canceled, which led to reduced soft drink consumption.</p><p><blockquote>这可以解释为百事公司的产品组合总体上更加多元化，最重要的是，在消费者花更多时间在家的封锁期间，其零食业务继续表现良好。与此同时，由于对软饮料的依赖较大，可口可乐感受到了更大的影响——节日、体育比赛和其他大型活动被取消，这导致软饮料消费减少。</blockquote></p><p> When people stay home, locked down, they still consume a lot of chips, tortillas, etc., while they consume less carbonated drinks - which gave PepsiCo the advantage during the last six quarters, and which is why PepsiCo is the more resilient company among these two.</p><p><blockquote>当人们呆在家里，被锁起来时，他们仍然会消耗大量的薯片、玉米饼等。，而他们消耗的碳酸饮料较少——这让百事可乐在过去六个季度中占据了优势，这也是为什么百事可乐是这两家公司中更具弹性的公司。</blockquote></p><p> Looking at the 10-year growth performance of the two companies, we see that PepsiCo has, again, outperformed its larger peer (in terms of market capitalization):</p><p><blockquote>看看这两家公司10年的增长表现，我们发现百事可乐的表现再次优于其规模较大的同行（就市值而言）：</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/c03f8978550c406b5fa7ab8bddfc26bc\" tg-width=\"635\" tg-height=\"433\" width=\"100%\" height=\"auto\"><span>Data by YCharts</span></p><p><blockquote><p class=\"t-img-caption\"><span>数据来自YCharts</span></p></blockquote></p><p> PepsiCo delivered a 46% earnings per share increase over the last decade, which isn't especially attractive, but the company at least generated a mid-single-digit annual growth rate. Coca-Cola, meanwhile, did not generate any earnings per share growth at all, which is quite underwhelming.</p><p><blockquote>百事公司在过去十年中每股收益增长了46%，这并不是特别有吸引力，但该公司至少实现了中个位数的年增长率。与此同时，可口可乐的每股收益根本没有增长，这一点相当令人印象深刻。</blockquote></p><p> Looking at current expectations for the coming years, the two companies are expected to showcase relatively similar growth. Coca-Cola is&nbsp;forecasted&nbsp;to grow its earnings per share from $2.25 in 2021 to $3.02 in 2025, while PepsiCo is&nbsp;forecasted&nbsp;to grow its earnings per share from $6.24 in 2021 to $8.06 in 2025 - which pencils out to a four-year increase of around 30% for both companies.</p><p><blockquote>从目前对未来几年的预期来看，两家公司预计将呈现相对相似的增长。可口可乐的每股收益预计将从2021年的2.25美元增长到2025年的3.02美元，而百事可乐的每股收益预计将从2021年的6.24美元增长到2025年的8.06美元——这两家公司的四年增幅约为30%。</blockquote></p><p> If both companies manage to hit current analyst predictions, they would both grow meaningfully faster than they did over the last decade, as annual growth in the high-single-digits has not been achieved by either company.</p><p><blockquote>如果两家公司都能达到当前分析师的预测，它们的增长速度都将明显快于过去十年，因为两家公司都没有实现高个位数的年增长率。</blockquote></p><p> Especially in Coca-Cola's case, it seems somewhat questionable to assume that the company will grow its earnings per share this reliably when the company has not delivered any growth over the last decade. It can, however, be argued that Coca-Cola, due to its more drinks-focused product lineup, might benefit more from global reopening in 2022 and beyond.</p><p><blockquote>尤其是在可口可乐的案例中，在该公司过去十年没有实现任何增长的情况下，假设该公司的每股收益会如此可靠地增长似乎有些问题。然而，可以说，可口可乐由于其更专注于饮料的产品阵容，可能会从2022年及以后的全球重新开放中受益更多。</blockquote></p><p></p><p> The growth outlook for the global carbonated soft drinks&nbsp;market&nbsp;and the growth outlook for the global snacks&nbsp;market&nbsp;are relatively similar, at 3%-4% a year through the next couple of years. Translating this market growth into a high-single-digit earnings per share growth rate is possible, but far from certain. It would require constant market share, which is not guaranteed, and additional tailwinds from either margin expansion or share buybacks.</p><p><blockquote>全球碳酸软饮料市场的增长前景和全球零食市场的增长前景相对相似，未来几年每年增长3%-4%。将这种市场增长转化为高个位数的每股收益增长率是可能的，但远非确定。这需要持续的市场份额（这是无法保证的），以及利润率扩张或股票回购带来的额外推动力。</blockquote></p><p> PepsiCo has somewhat lower gross margins today, at around 55%, whereas Coca-Cola's gross margins are in the low 60s. One could argue that PepsiCo might have more success in expanding its gross margins over the coming years, as Coca-Cola's margins already seem pretty maxed out. Even in PEP's case, further margin expansion is far from certain, however. Overall, I do believe that current growth estimates by the analyst community might be a little aggressive for both companies, and would not be surprised if both do actually grow their profits a little less than expected -- if history is a guide, that seems quite likely.</p><p><blockquote>百事可乐目前的毛利率略低，约为55%，而可口可乐的毛利率在60%左右。有人可能会说，百事可乐在未来几年扩大毛利率方面可能会取得更大成功，因为可口可乐的利润率似乎已经达到了极限。然而，即使就PEP而言，利润率的进一步扩张也远未确定。总体而言，我确实认为分析师界目前对两家公司的增长预期可能有点激进，如果两家公司的利润增长确实略低于预期，我也不会感到惊讶——如果以史为鉴，这似乎很有可能。</blockquote></p><p> <b>Shareholder Returns: PEP Versus KO</b></p><p><blockquote><b>股东回报：PEP与KO</b></blockquote></p><p> Both companies are owned by many retail investors, for their above-average dividend yields and decades-long dividend growth track records. At current prices, PEP offers a dividend yield of 2.8%, whereas KO offers a dividend yield of 3.1%. At first sight, Coca-Cola is thus the better income investment, but additional factors should be considered.</p><p><blockquote>这两家公司都由许多散户投资者持有，因为它们的股息收益率高于平均水平，并且拥有数十年的股息增长记录。按当前价格计算，PEP的股息收益率为2.8%，而KO的股息收益率为3.1%。乍一看，可口可乐因此是更好的收入投资，但应该考虑其他因素。</blockquote></p><p> Based on current earnings per share estimates for 2021, PepsiCo will pay out 69% of its profits this year, whereas the payout ratio for Coca-Cola is 75%. This means that PepsiCo's dividend looks a little more secure, and on top of that, PepsiCo has more potential to raise its dividend through increases in its payout ratio. PepsiCo's better crisis performance thanks to a more diversified and resilient product portfolio further underlines the fact that its dividend seems to be even more secure than that of Coca-Cola -- although KO's shareholders don't really have to worry about a dividend cut, either.</p><p><blockquote>根据目前对2021年每股收益的预测，百事可乐今年将支付69%的利润，而可口可乐的支付率为75%。这意味着百事公司的股息看起来更安全一些，最重要的是，百事公司有更大的潜力通过提高派息率来提高股息。由于产品组合更加多元化和有弹性，百事可乐在危机中表现更好，这进一步凸显了这样一个事实：其股息似乎比可口可乐更安全——尽管KO的股东也不必真正担心股息削减。</blockquote></p><p> PepsiCo also has delivered better dividend growth than Coca-Cola over the last couple of years:</p><p><blockquote>过去几年，百事可乐的股息增长也比可口可乐更好：</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/8368b7a904b64e298f7f1b57633ec7a4\" tg-width=\"635\" tg-height=\"433\" width=\"100%\" height=\"auto\"><span>Data by YCharts</span></p><p><blockquote><p class=\"t-img-caption\"><span>数据来自YCharts</span></p></blockquote></p><p> PEP's 5-year dividend growth rate is a little over 7%, whereas KO only hiked its dividend by 3.7% a year, on average. This is, at least partially, the result of KO's weaker earnings growth and its higher payout ratio - PepsiCo, thanks to better growth and a lower payout ratio, had more potential to reward its owners through generous dividend increases. If analysts are correct and earnings growth will be relatively similar between these two, one could imagine that dividend growth will be relatively close over the coming years as well. PepsiCo, due to its lower payout ratio, still should be able to serve up somewhat higher dividend increases, although the gap versus KO's dividend growth rate should narrow.</p><p><blockquote>PEP的5年股息增长率略高于7%，而KO的股息平均每年仅提高3.7%。这至少在一定程度上是KO盈利增长疲软和派息率较高的结果——由于增长较好和派息率较低，百事可乐有更大的潜力通过慷慨增加股息来回报其所有者。如果分析师是正确的，并且两者之间的盈利增长相对相似，那么可以想象未来几年的股息增长也将相对接近。百事公司由于派息率较低，仍然应该能够提供稍高的股息增幅，尽管与KO的股息增长率的差距应该会缩小。</blockquote></p><p> Executives can also return cash to the company's owners through stock buybacks. Looking at the share count of the two companies over the last three years, we see the following:</p><p><blockquote>高管还可以通过股票回购向公司所有者返还现金。纵观这两家公司过去三年的股票数量，我们可以看到以下情况：</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/538b104f1ea3dd9974e487d12945330f\" tg-width=\"635\" tg-height=\"433\" width=\"100%\" height=\"auto\"><span>Data by YCharts</span></p><p><blockquote><p class=\"t-img-caption\"><span>数据来自YCharts</span></p></blockquote></p><p> PepsiCo has reduced its share count by a couple of percentage points, which does translate into a small earnings per share tailwind, all else equal. Coca-Cola, meanwhile, has seen its share count rise over the years, which is what we would expect from a high-growth tech company, but not from a mature consumer staples company. KO has actually spent money repurchasing shares ($100 million in H1 2021, and a similar amount during H1 2020, according to its&nbsp;10-Q), but the company has issued so many shares that its share count has still been growing.</p><p><blockquote>在其他条件相同的情况下，百事公司的股票数量减少了几个百分点，这确实转化为每股收益的小幅顺风。与此同时，可口可乐的股票数量多年来一直在上升，这是我们对一家高增长科技公司的期望，但不是对一家成熟的消费品公司的期望。KO实际上已经花钱回购股票（根据其10-Q，2021年上半年为1亿美元，2020年上半年为类似金额），但该公司发行了如此多的股票，其股票数量仍在增长。</blockquote></p><p> This seems relatively shareholder-unfriendly, and the ongoing dilution - despite cash being diverted to buybacks - plays a role in KO's weak earnings per share growth rate, relative to its peer. If this trend doesn't change, I personally do believe that this could result in further underperformance of KO on a per-share basis - as mentioned above, current analyst estimates might be too bullish.</p><p><blockquote>这似乎对股东相对不友好，而且持续的稀释——尽管现金被转移到回购——是KO相对于同行疲弱的每股收益增长率的原因之一。如果这种趋势不改变，我个人确实认为这可能会导致KO的每股表现进一步不佳——如上所述，目前分析师的估计可能过于乐观。</blockquote></p><p> When we look at insider trades, we see that PEP seems to be a better buy in the eyes of its executives relative to KO:</p><p><blockquote>当我们查看内幕交易时，我们发现在其高管眼中，相对于KO，PEP似乎是更好的买入对象：</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/9bb6629696b766c6105cc1a8828ba7f2\" tg-width=\"640\" tg-height=\"211\" width=\"100%\" height=\"auto\"><span>Source: nasdaq.com</span></p><p><blockquote><p class=\"t-img-caption\"><span>资料来源：纳斯达克网</span></p></blockquote></p><p></p><p> PepsiCo's insiders have bought more shares than they sold over the last 3 months and the last twelve months. On a net basis, buying activity has not been overly high, but it still is a positive sign that insiders seem to see value in PEP stock.</p><p><blockquote>在过去3个月和过去12个月中，百事公司内部人士购买的股票多于出售的股票。从净值来看，购买活动并没有过高，但这仍然是一个积极的迹象，表明内部人士似乎看到了PEP股票的价值。</blockquote></p><p> Coca-Cola's insiders, meanwhile, have been on a selling spree:</p><p><blockquote>与此同时，可口可乐的内部人士一直在疯狂抛售：</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/322ad43e9eabcff9dd328a092844d7e5\" tg-width=\"640\" tg-height=\"192\" width=\"100%\" height=\"auto\"><span>Source: nasdaq.com</span></p><p><blockquote><p class=\"t-img-caption\"><span>资料来源：纳斯达克网</span></p></blockquote></p><p> Both over the last three months, as well as over the last year, insiders sold way more shares than they bought. This suggests that insiders do not see too much value in KO's stock. At the same time, this could be the result of massive share issuance to management that is rapidly turned into cash, which would also explain why KO's share count has been climbing while PEP's share count declined.</p><p><blockquote>无论是在过去三个月还是去年，内部人士出售的股票都远远多于他们购买的股票。这表明内部人士认为KO的股票没有太大价值。同时，这可能是向管理层大量发行股票并迅速转化为现金的结果，这也可以解释为什么KO的股票数量一直在攀升，而PEP的股票数量却在下降。</blockquote></p><p> Overall, PEP seems like the more shareholder-friendly company where insiders are better aligned with owners. At the same time, in the eyes of those that own the company very well, PEP seems to be more attractively priced -- otherwise execs wouldn't be buying more than they are selling. Coca-Cola does, however, offer a slightly higher dividend yield, which might be the deciding factor for some investors.</p><p><blockquote>总体而言，PEP似乎是一家对股东更友好的公司，内部人士与所有者的关系更好。与此同时，在那些拥有该公司的人看来，PEP的价格似乎更具吸引力——否则高管们的买入量不会超过卖出量。然而，可口可乐确实提供了略高的股息收益率，这可能是一些投资者的决定性因素。</blockquote></p><p> <b>Which Is The Better Stock To Buy?</b></p><p><blockquote><b>买哪个股票比较好？</b></blockquote></p><p> Both KO and PEP offer a sizeable dividend yield, both companies are active in a relatively resilient industry, and both companies are forecasted to grow at a relatively similar rate over the coming years. Due to its lower dividend payout ratio, higher dividend growth, better track record, declining share count, and due to recent insider buying, I still believe that PEP is the slightly stronger pick right here. PEP's better diversification and its stronger crisis performance are also attractive qualities.</p><p><blockquote>KO和PEP都提供可观的股息收益率，两家公司都活跃在相对有弹性的行业中，预计两家公司在未来几年将以相对相似的速度增长。由于其较低的股息支付率、较高的股息增长、较好的业绩记录、股票数量下降以及最近的内部购买，我仍然认为PEP是稍强的选择。PEP更好的多元化和更强的危机表现也是有吸引力的品质。</blockquote></p><p> KO, meanwhile, has underperformed for many years, and due to ongoing shareholder dilution, it seems far from guaranteed that it will be able to close the gap versus PEP when it comes to earnings per share growth. Insiders also do not seem to have a lot of trust in the company's future performance, as they have been selling way more shares than they bought in the recent past.</p><p><blockquote>与此同时，KO多年来表现不佳，而且由于持续的股东稀释，似乎远不能保证它能够在每股收益增长方面缩小与PEP的差距。内部人士似乎也对该公司未来的业绩不太有信心，因为他们出售的股票远远多于最近购买的股票。</blockquote></p><p> That being said, at a mid-20s earnings multiple, neither of the two companies look especially inexpensive. Investors may want to wait for a better buying opportunity to emerge instead of paying a quite high price for a slow-moving mature company. I am thus slightly more bullish on PEP, but do not consider it a great buy at current prices.</p><p><blockquote>话虽如此，以20多岁左右的市盈率来看，这两家公司看起来都不是特别便宜。投资者可能希望等待更好的买入机会出现，而不是为一家行动缓慢的成熟公司支付相当高的价格。因此，我稍微看好PEP，但不认为以当前价格买入。</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>Coca-Cola Vs. PepsiCo: Soda Wars<blockquote>可口可乐与百事可乐：汽水大战</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\">\nCoca-Cola Vs. PepsiCo: Soda Wars<blockquote>可口可乐与百事可乐：汽水大战</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\">2021-10-11 21:29</span>\n</p>\n</h4>\n</header>\n<article>\n<p><b>Summary</b></p><p><blockquote><b>总结</b></blockquote></p><p> <ul>  <li>PEP and KO are peers, but there are still major differences when it comes to product lineups, past performance, etc.</li>  <li>Investors should note the approach to shareholder returns that the two companies employ. PEP looks significantly stronger than KO in that regard.</li>  <li>Shares should never be bought without considering valuation, and neither of the two companies is especially cheap today.</li> </ul> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/6553924a83f82941c04031f70a5bd30a\" tg-width=\"1536\" tg-height=\"930\" width=\"100%\" height=\"auto\"><span>subjug/iStock via Getty Images</span></p><p><blockquote><ul><li>PEP和KO是同行，但在产品阵容、过往业绩等方面仍存在较大差异。</li><li>投资者应注意两家公司采用的股东回报方法。在这方面，PEP看起来明显比KO强。</li><li>在不考虑估值的情况下，永远不应该购买股票，而且这两家公司今天都不是特别便宜。</li></ul><p class=\"t-img-caption\"><span>subjug/iStock来自Getty Images</span></p></blockquote></p><p> <b>Article Thesis</b></p><p><blockquote><b>文章论文</b></blockquote></p><p> Coca-Cola (KO) and PepsiCo (PEP) are well-liked consumer staples companies that are widely owned among retail investors due to their reliable dividends. The two differ in terms of their product lineups, relative growth outlook, dividend growth properties, and capital allocation, however. We'll pitch them against each other in this report to see what company ultimately is the better choice.</p><p><blockquote>可口可乐（KO）和百事可乐（PEP）是广受欢迎的必需消费品公司，由于其可靠的股息而被散户投资者广泛持有。然而，两者在产品阵容、相对增长前景、股息增长特性和资本配置方面有所不同。我们将在本报告中让它们相互竞争，看看哪家公司最终是更好的选择。</blockquote></p><p> <b>Coca-Cola And PepsiCo: Peers, But There Are Important Differences</b></p><p><blockquote><b>可口可乐和百事可乐：同行，但存在重要差异</b></blockquote></p><p> Coca-Cola and PepsiCo are mostly known for their famous sodas. Coca-Cola, Sprite, etc. are owned by Coca-Cola, while PepsiCo owns Pepsi, Mountain Dew, etc. Importantly, Coca-Cola is an entirely drinks-focused company, while PepsiCo also owns a sizeable snacks business, which is the first key differentiator between the two companies.</p><p><blockquote>可口可乐和百事可乐最出名的是他们著名的苏打水。可口可乐、雪碧等。归可口可乐所有，而百事可乐拥有百事可乐、激浪等。重要的是，可口可乐是一家完全专注于饮料的公司，而百事可乐还拥有相当规模的零食业务，这是两家公司之间的第一个关键差异化因素。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/5c96e7cde4814796e251f1adad9d4a5b\" tg-width=\"635\" tg-height=\"433\" width=\"100%\" height=\"auto\"><span>Data by YCharts</span></p><p><blockquote><p class=\"t-img-caption\"><span>数据来自YCharts</span></p></blockquote></p><p> PepsiCo's more diversified business, which gives the company exposure to higher-growth product categories such as snacks, explains why PepsiCo has been able to grow its revenue reliably over the last couple of years. The company's top line rose by more than 20% in total, reaching $77 billion, while Coca-Cola has suffered from a<i>decline</i>in its revenue over the same time.</p><p><blockquote>百事公司更加多元化的业务使该公司能够接触到零食等高增长的产品类别，这解释了为什么百事公司在过去几年中能够可靠地增长收入。该公司的营收总额增长了20%以上，达到770亿美元，而可口可乐则遭受了<i>下降</i>同期的收入。</blockquote></p><p> Coca-Cola's top line was also impacted by refranchising efforts, but even adjusted for that, KO clearly underperformed PepsiCo. This is also visible when we look at the performance during the pandemic: PepsiCo was able to grow its revenue reliably, and revenues during the last year were considerably higher than before the crisis. Coca-Cola, meanwhile, was not able to grow its revenue and experienced meaningful sales headwinds.</p><p><blockquote>可口可乐的营收也受到了重新特许经营努力的影响，但即使进行了调整，KO的表现也明显落后于百事可乐。当我们观察大流行期间的表现时，这一点也很明显：百事可乐能够可靠地增长其收入，并且去年的收入远高于危机前。与此同时，可口可乐未能增加收入，并经历了严重的销售阻力。</blockquote></p><p> This can be explained by the fact that PepsiCo's product portfolio is more diversified overall, and on top of that, its snacks business continued to do very well during lockdowns when consumers spent more time at home. Coca-Cola, meanwhile, with its larger dependence on soft drinks, was feeling a larger impact -- festivals, sports tournaments, and other large-scale events were canceled, which led to reduced soft drink consumption.</p><p><blockquote>这可以解释为百事公司的产品组合总体上更加多元化，最重要的是，在消费者花更多时间在家的封锁期间，其零食业务继续表现良好。与此同时，由于对软饮料的依赖较大，可口可乐感受到了更大的影响——节日、体育比赛和其他大型活动被取消，这导致软饮料消费减少。</blockquote></p><p> When people stay home, locked down, they still consume a lot of chips, tortillas, etc., while they consume less carbonated drinks - which gave PepsiCo the advantage during the last six quarters, and which is why PepsiCo is the more resilient company among these two.</p><p><blockquote>当人们呆在家里，被锁起来时，他们仍然会消耗大量的薯片、玉米饼等。，而他们消耗的碳酸饮料较少——这让百事可乐在过去六个季度中占据了优势，这也是为什么百事可乐是这两家公司中更具弹性的公司。</blockquote></p><p> Looking at the 10-year growth performance of the two companies, we see that PepsiCo has, again, outperformed its larger peer (in terms of market capitalization):</p><p><blockquote>看看这两家公司10年的增长表现，我们发现百事可乐的表现再次优于其规模较大的同行（就市值而言）：</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/c03f8978550c406b5fa7ab8bddfc26bc\" tg-width=\"635\" tg-height=\"433\" width=\"100%\" height=\"auto\"><span>Data by YCharts</span></p><p><blockquote><p class=\"t-img-caption\"><span>数据来自YCharts</span></p></blockquote></p><p> PepsiCo delivered a 46% earnings per share increase over the last decade, which isn't especially attractive, but the company at least generated a mid-single-digit annual growth rate. Coca-Cola, meanwhile, did not generate any earnings per share growth at all, which is quite underwhelming.</p><p><blockquote>百事公司在过去十年中每股收益增长了46%，这并不是特别有吸引力，但该公司至少实现了中个位数的年增长率。与此同时，可口可乐的每股收益根本没有增长，这一点相当令人印象深刻。</blockquote></p><p> Looking at current expectations for the coming years, the two companies are expected to showcase relatively similar growth. Coca-Cola is&nbsp;forecasted&nbsp;to grow its earnings per share from $2.25 in 2021 to $3.02 in 2025, while PepsiCo is&nbsp;forecasted&nbsp;to grow its earnings per share from $6.24 in 2021 to $8.06 in 2025 - which pencils out to a four-year increase of around 30% for both companies.</p><p><blockquote>从目前对未来几年的预期来看，两家公司预计将呈现相对相似的增长。可口可乐的每股收益预计将从2021年的2.25美元增长到2025年的3.02美元，而百事可乐的每股收益预计将从2021年的6.24美元增长到2025年的8.06美元——这两家公司的四年增幅约为30%。</blockquote></p><p> If both companies manage to hit current analyst predictions, they would both grow meaningfully faster than they did over the last decade, as annual growth in the high-single-digits has not been achieved by either company.</p><p><blockquote>如果两家公司都能达到当前分析师的预测，它们的增长速度都将明显快于过去十年，因为两家公司都没有实现高个位数的年增长率。</blockquote></p><p> Especially in Coca-Cola's case, it seems somewhat questionable to assume that the company will grow its earnings per share this reliably when the company has not delivered any growth over the last decade. It can, however, be argued that Coca-Cola, due to its more drinks-focused product lineup, might benefit more from global reopening in 2022 and beyond.</p><p><blockquote>尤其是在可口可乐的案例中，在该公司过去十年没有实现任何增长的情况下，假设该公司的每股收益会如此可靠地增长似乎有些问题。然而，可以说，可口可乐由于其更专注于饮料的产品阵容，可能会从2022年及以后的全球重新开放中受益更多。</blockquote></p><p></p><p> The growth outlook for the global carbonated soft drinks&nbsp;market&nbsp;and the growth outlook for the global snacks&nbsp;market&nbsp;are relatively similar, at 3%-4% a year through the next couple of years. Translating this market growth into a high-single-digit earnings per share growth rate is possible, but far from certain. It would require constant market share, which is not guaranteed, and additional tailwinds from either margin expansion or share buybacks.</p><p><blockquote>全球碳酸软饮料市场的增长前景和全球零食市场的增长前景相对相似，未来几年每年增长3%-4%。将这种市场增长转化为高个位数的每股收益增长率是可能的，但远非确定。这需要持续的市场份额（这是无法保证的），以及利润率扩张或股票回购带来的额外推动力。</blockquote></p><p> PepsiCo has somewhat lower gross margins today, at around 55%, whereas Coca-Cola's gross margins are in the low 60s. One could argue that PepsiCo might have more success in expanding its gross margins over the coming years, as Coca-Cola's margins already seem pretty maxed out. Even in PEP's case, further margin expansion is far from certain, however. Overall, I do believe that current growth estimates by the analyst community might be a little aggressive for both companies, and would not be surprised if both do actually grow their profits a little less than expected -- if history is a guide, that seems quite likely.</p><p><blockquote>百事可乐目前的毛利率略低，约为55%，而可口可乐的毛利率在60%左右。有人可能会说，百事可乐在未来几年扩大毛利率方面可能会取得更大成功，因为可口可乐的利润率似乎已经达到了极限。然而，即使就PEP而言，利润率的进一步扩张也远未确定。总体而言，我确实认为分析师界目前对两家公司的增长预期可能有点激进，如果两家公司的利润增长确实略低于预期，我也不会感到惊讶——如果以史为鉴，这似乎很有可能。</blockquote></p><p> <b>Shareholder Returns: PEP Versus KO</b></p><p><blockquote><b>股东回报：PEP与KO</b></blockquote></p><p> Both companies are owned by many retail investors, for their above-average dividend yields and decades-long dividend growth track records. At current prices, PEP offers a dividend yield of 2.8%, whereas KO offers a dividend yield of 3.1%. At first sight, Coca-Cola is thus the better income investment, but additional factors should be considered.</p><p><blockquote>这两家公司都由许多散户投资者持有，因为它们的股息收益率高于平均水平，并且拥有数十年的股息增长记录。按当前价格计算，PEP的股息收益率为2.8%，而KO的股息收益率为3.1%。乍一看，可口可乐因此是更好的收入投资，但应该考虑其他因素。</blockquote></p><p> Based on current earnings per share estimates for 2021, PepsiCo will pay out 69% of its profits this year, whereas the payout ratio for Coca-Cola is 75%. This means that PepsiCo's dividend looks a little more secure, and on top of that, PepsiCo has more potential to raise its dividend through increases in its payout ratio. PepsiCo's better crisis performance thanks to a more diversified and resilient product portfolio further underlines the fact that its dividend seems to be even more secure than that of Coca-Cola -- although KO's shareholders don't really have to worry about a dividend cut, either.</p><p><blockquote>根据目前对2021年每股收益的预测，百事可乐今年将支付69%的利润，而可口可乐的支付率为75%。这意味着百事公司的股息看起来更安全一些，最重要的是，百事公司有更大的潜力通过提高派息率来提高股息。由于产品组合更加多元化和有弹性，百事可乐在危机中表现更好，这进一步凸显了这样一个事实：其股息似乎比可口可乐更安全——尽管KO的股东也不必真正担心股息削减。</blockquote></p><p> PepsiCo also has delivered better dividend growth than Coca-Cola over the last couple of years:</p><p><blockquote>过去几年，百事可乐的股息增长也比可口可乐更好：</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/8368b7a904b64e298f7f1b57633ec7a4\" tg-width=\"635\" tg-height=\"433\" width=\"100%\" height=\"auto\"><span>Data by YCharts</span></p><p><blockquote><p class=\"t-img-caption\"><span>数据来自YCharts</span></p></blockquote></p><p> PEP's 5-year dividend growth rate is a little over 7%, whereas KO only hiked its dividend by 3.7% a year, on average. This is, at least partially, the result of KO's weaker earnings growth and its higher payout ratio - PepsiCo, thanks to better growth and a lower payout ratio, had more potential to reward its owners through generous dividend increases. If analysts are correct and earnings growth will be relatively similar between these two, one could imagine that dividend growth will be relatively close over the coming years as well. PepsiCo, due to its lower payout ratio, still should be able to serve up somewhat higher dividend increases, although the gap versus KO's dividend growth rate should narrow.</p><p><blockquote>PEP的5年股息增长率略高于7%，而KO的股息平均每年仅提高3.7%。这至少在一定程度上是KO盈利增长疲软和派息率较高的结果——由于增长较好和派息率较低，百事可乐有更大的潜力通过慷慨增加股息来回报其所有者。如果分析师是正确的，并且两者之间的盈利增长相对相似，那么可以想象未来几年的股息增长也将相对接近。百事公司由于派息率较低，仍然应该能够提供稍高的股息增幅，尽管与KO的股息增长率的差距应该会缩小。</blockquote></p><p> Executives can also return cash to the company's owners through stock buybacks. Looking at the share count of the two companies over the last three years, we see the following:</p><p><blockquote>高管还可以通过股票回购向公司所有者返还现金。纵观这两家公司过去三年的股票数量，我们可以看到以下情况：</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/538b104f1ea3dd9974e487d12945330f\" tg-width=\"635\" tg-height=\"433\" width=\"100%\" height=\"auto\"><span>Data by YCharts</span></p><p><blockquote><p class=\"t-img-caption\"><span>数据来自YCharts</span></p></blockquote></p><p> PepsiCo has reduced its share count by a couple of percentage points, which does translate into a small earnings per share tailwind, all else equal. Coca-Cola, meanwhile, has seen its share count rise over the years, which is what we would expect from a high-growth tech company, but not from a mature consumer staples company. KO has actually spent money repurchasing shares ($100 million in H1 2021, and a similar amount during H1 2020, according to its&nbsp;10-Q), but the company has issued so many shares that its share count has still been growing.</p><p><blockquote>在其他条件相同的情况下，百事公司的股票数量减少了几个百分点，这确实转化为每股收益的小幅顺风。与此同时，可口可乐的股票数量多年来一直在上升，这是我们对一家高增长科技公司的期望，但不是对一家成熟的消费品公司的期望。KO实际上已经花钱回购股票（根据其10-Q，2021年上半年为1亿美元，2020年上半年为类似金额），但该公司发行了如此多的股票，其股票数量仍在增长。</blockquote></p><p> This seems relatively shareholder-unfriendly, and the ongoing dilution - despite cash being diverted to buybacks - plays a role in KO's weak earnings per share growth rate, relative to its peer. If this trend doesn't change, I personally do believe that this could result in further underperformance of KO on a per-share basis - as mentioned above, current analyst estimates might be too bullish.</p><p><blockquote>这似乎对股东相对不友好，而且持续的稀释——尽管现金被转移到回购——是KO相对于同行疲弱的每股收益增长率的原因之一。如果这种趋势不改变，我个人确实认为这可能会导致KO的每股表现进一步不佳——如上所述，目前分析师的估计可能过于乐观。</blockquote></p><p> When we look at insider trades, we see that PEP seems to be a better buy in the eyes of its executives relative to KO:</p><p><blockquote>当我们查看内幕交易时，我们发现在其高管眼中，相对于KO，PEP似乎是更好的买入对象：</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/9bb6629696b766c6105cc1a8828ba7f2\" tg-width=\"640\" tg-height=\"211\" width=\"100%\" height=\"auto\"><span>Source: nasdaq.com</span></p><p><blockquote><p class=\"t-img-caption\"><span>资料来源：纳斯达克网</span></p></blockquote></p><p></p><p> PepsiCo's insiders have bought more shares than they sold over the last 3 months and the last twelve months. On a net basis, buying activity has not been overly high, but it still is a positive sign that insiders seem to see value in PEP stock.</p><p><blockquote>在过去3个月和过去12个月中，百事公司内部人士购买的股票多于出售的股票。从净值来看，购买活动并没有过高，但这仍然是一个积极的迹象，表明内部人士似乎看到了PEP股票的价值。</blockquote></p><p> Coca-Cola's insiders, meanwhile, have been on a selling spree:</p><p><blockquote>与此同时，可口可乐的内部人士一直在疯狂抛售：</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/322ad43e9eabcff9dd328a092844d7e5\" tg-width=\"640\" tg-height=\"192\" width=\"100%\" height=\"auto\"><span>Source: nasdaq.com</span></p><p><blockquote><p class=\"t-img-caption\"><span>资料来源：纳斯达克网</span></p></blockquote></p><p> Both over the last three months, as well as over the last year, insiders sold way more shares than they bought. This suggests that insiders do not see too much value in KO's stock. At the same time, this could be the result of massive share issuance to management that is rapidly turned into cash, which would also explain why KO's share count has been climbing while PEP's share count declined.</p><p><blockquote>无论是在过去三个月还是去年，内部人士出售的股票都远远多于他们购买的股票。这表明内部人士认为KO的股票没有太大价值。同时，这可能是向管理层大量发行股票并迅速转化为现金的结果，这也可以解释为什么KO的股票数量一直在攀升，而PEP的股票数量却在下降。</blockquote></p><p> Overall, PEP seems like the more shareholder-friendly company where insiders are better aligned with owners. At the same time, in the eyes of those that own the company very well, PEP seems to be more attractively priced -- otherwise execs wouldn't be buying more than they are selling. Coca-Cola does, however, offer a slightly higher dividend yield, which might be the deciding factor for some investors.</p><p><blockquote>总体而言，PEP似乎是一家对股东更友好的公司，内部人士与所有者的关系更好。与此同时，在那些拥有该公司的人看来，PEP的价格似乎更具吸引力——否则高管们的买入量不会超过卖出量。然而，可口可乐确实提供了略高的股息收益率，这可能是一些投资者的决定性因素。</blockquote></p><p> <b>Which Is The Better Stock To Buy?</b></p><p><blockquote><b>买哪个股票比较好？</b></blockquote></p><p> Both KO and PEP offer a sizeable dividend yield, both companies are active in a relatively resilient industry, and both companies are forecasted to grow at a relatively similar rate over the coming years. Due to its lower dividend payout ratio, higher dividend growth, better track record, declining share count, and due to recent insider buying, I still believe that PEP is the slightly stronger pick right here. PEP's better diversification and its stronger crisis performance are also attractive qualities.</p><p><blockquote>KO和PEP都提供可观的股息收益率，两家公司都活跃在相对有弹性的行业中，预计两家公司在未来几年将以相对相似的速度增长。由于其较低的股息支付率、较高的股息增长、较好的业绩记录、股票数量下降以及最近的内部购买，我仍然认为PEP是稍强的选择。PEP更好的多元化和更强的危机表现也是有吸引力的品质。</blockquote></p><p> KO, meanwhile, has underperformed for many years, and due to ongoing shareholder dilution, it seems far from guaranteed that it will be able to close the gap versus PEP when it comes to earnings per share growth. Insiders also do not seem to have a lot of trust in the company's future performance, as they have been selling way more shares than they bought in the recent past.</p><p><blockquote>与此同时，KO多年来表现不佳，而且由于持续的股东稀释，似乎远不能保证它能够在每股收益增长方面缩小与PEP的差距。内部人士似乎也对该公司未来的业绩不太有信心，因为他们出售的股票远远多于最近购买的股票。</blockquote></p><p> That being said, at a mid-20s earnings multiple, neither of the two companies look especially inexpensive. Investors may want to wait for a better buying opportunity to emerge instead of paying a quite high price for a slow-moving mature company. I am thus slightly more bullish on PEP, but do not consider it a great buy at current prices.</p><p><blockquote>话虽如此，以20多岁左右的市盈率来看，这两家公司看起来都不是特别便宜。投资者可能希望等待更好的买入机会出现，而不是为一家行动缓慢的成熟公司支付相当高的价格。因此，我稍微看好PEP，但不认为以当前价格买入。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://seekingalpha.com/article/4459128-coca-cola-versus-pepsico-soda-wars\">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":{"PEP":"百事可乐","KO":"可口可乐"},"source_url":"https://seekingalpha.com/article/4459128-coca-cola-versus-pepsico-soda-wars","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1161933729","content_text":"Summary\n\nPEP and KO are peers, but there are still major differences when it comes to product lineups, past performance, etc.\nInvestors should note the approach to shareholder returns that the two companies employ. PEP looks significantly stronger than KO in that regard.\nShares should never be bought without considering valuation, and neither of the two companies is especially cheap today.\n\nsubjug/iStock via Getty Images\nArticle Thesis\nCoca-Cola (KO) and PepsiCo (PEP) are well-liked consumer staples companies that are widely owned among retail investors due to their reliable dividends. The two differ in terms of their product lineups, relative growth outlook, dividend growth properties, and capital allocation, however. We'll pitch them against each other in this report to see what company ultimately is the better choice.\nCoca-Cola And PepsiCo: Peers, But There Are Important Differences\nCoca-Cola and PepsiCo are mostly known for their famous sodas. Coca-Cola, Sprite, etc. are owned by Coca-Cola, while PepsiCo owns Pepsi, Mountain Dew, etc. Importantly, Coca-Cola is an entirely drinks-focused company, while PepsiCo also owns a sizeable snacks business, which is the first key differentiator between the two companies.\nData by YCharts\nPepsiCo's more diversified business, which gives the company exposure to higher-growth product categories such as snacks, explains why PepsiCo has been able to grow its revenue reliably over the last couple of years. The company's top line rose by more than 20% in total, reaching $77 billion, while Coca-Cola has suffered from adeclinein its revenue over the same time.\nCoca-Cola's top line was also impacted by refranchising efforts, but even adjusted for that, KO clearly underperformed PepsiCo. This is also visible when we look at the performance during the pandemic: PepsiCo was able to grow its revenue reliably, and revenues during the last year were considerably higher than before the crisis. Coca-Cola, meanwhile, was not able to grow its revenue and experienced meaningful sales headwinds.\nThis can be explained by the fact that PepsiCo's product portfolio is more diversified overall, and on top of that, its snacks business continued to do very well during lockdowns when consumers spent more time at home. Coca-Cola, meanwhile, with its larger dependence on soft drinks, was feeling a larger impact -- festivals, sports tournaments, and other large-scale events were canceled, which led to reduced soft drink consumption.\nWhen people stay home, locked down, they still consume a lot of chips, tortillas, etc., while they consume less carbonated drinks - which gave PepsiCo the advantage during the last six quarters, and which is why PepsiCo is the more resilient company among these two.\nLooking at the 10-year growth performance of the two companies, we see that PepsiCo has, again, outperformed its larger peer (in terms of market capitalization):\nData by YCharts\nPepsiCo delivered a 46% earnings per share increase over the last decade, which isn't especially attractive, but the company at least generated a mid-single-digit annual growth rate. Coca-Cola, meanwhile, did not generate any earnings per share growth at all, which is quite underwhelming.\nLooking at current expectations for the coming years, the two companies are expected to showcase relatively similar growth. Coca-Cola is forecasted to grow its earnings per share from $2.25 in 2021 to $3.02 in 2025, while PepsiCo is forecasted to grow its earnings per share from $6.24 in 2021 to $8.06 in 2025 - which pencils out to a four-year increase of around 30% for both companies.\nIf both companies manage to hit current analyst predictions, they would both grow meaningfully faster than they did over the last decade, as annual growth in the high-single-digits has not been achieved by either company.\nEspecially in Coca-Cola's case, it seems somewhat questionable to assume that the company will grow its earnings per share this reliably when the company has not delivered any growth over the last decade. It can, however, be argued that Coca-Cola, due to its more drinks-focused product lineup, might benefit more from global reopening in 2022 and beyond.\nThe growth outlook for the global carbonated soft drinks market and the growth outlook for the global snacks market are relatively similar, at 3%-4% a year through the next couple of years. Translating this market growth into a high-single-digit earnings per share growth rate is possible, but far from certain. It would require constant market share, which is not guaranteed, and additional tailwinds from either margin expansion or share buybacks.\nPepsiCo has somewhat lower gross margins today, at around 55%, whereas Coca-Cola's gross margins are in the low 60s. One could argue that PepsiCo might have more success in expanding its gross margins over the coming years, as Coca-Cola's margins already seem pretty maxed out. Even in PEP's case, further margin expansion is far from certain, however. Overall, I do believe that current growth estimates by the analyst community might be a little aggressive for both companies, and would not be surprised if both do actually grow their profits a little less than expected -- if history is a guide, that seems quite likely.\nShareholder Returns: PEP Versus KO\nBoth companies are owned by many retail investors, for their above-average dividend yields and decades-long dividend growth track records. At current prices, PEP offers a dividend yield of 2.8%, whereas KO offers a dividend yield of 3.1%. At first sight, Coca-Cola is thus the better income investment, but additional factors should be considered.\nBased on current earnings per share estimates for 2021, PepsiCo will pay out 69% of its profits this year, whereas the payout ratio for Coca-Cola is 75%. This means that PepsiCo's dividend looks a little more secure, and on top of that, PepsiCo has more potential to raise its dividend through increases in its payout ratio. PepsiCo's better crisis performance thanks to a more diversified and resilient product portfolio further underlines the fact that its dividend seems to be even more secure than that of Coca-Cola -- although KO's shareholders don't really have to worry about a dividend cut, either.\nPepsiCo also has delivered better dividend growth than Coca-Cola over the last couple of years:\nData by YCharts\nPEP's 5-year dividend growth rate is a little over 7%, whereas KO only hiked its dividend by 3.7% a year, on average. This is, at least partially, the result of KO's weaker earnings growth and its higher payout ratio - PepsiCo, thanks to better growth and a lower payout ratio, had more potential to reward its owners through generous dividend increases. If analysts are correct and earnings growth will be relatively similar between these two, one could imagine that dividend growth will be relatively close over the coming years as well. PepsiCo, due to its lower payout ratio, still should be able to serve up somewhat higher dividend increases, although the gap versus KO's dividend growth rate should narrow.\nExecutives can also return cash to the company's owners through stock buybacks. Looking at the share count of the two companies over the last three years, we see the following:\nData by YCharts\nPepsiCo has reduced its share count by a couple of percentage points, which does translate into a small earnings per share tailwind, all else equal. Coca-Cola, meanwhile, has seen its share count rise over the years, which is what we would expect from a high-growth tech company, but not from a mature consumer staples company. KO has actually spent money repurchasing shares ($100 million in H1 2021, and a similar amount during H1 2020, according to its 10-Q), but the company has issued so many shares that its share count has still been growing.\nThis seems relatively shareholder-unfriendly, and the ongoing dilution - despite cash being diverted to buybacks - plays a role in KO's weak earnings per share growth rate, relative to its peer. If this trend doesn't change, I personally do believe that this could result in further underperformance of KO on a per-share basis - as mentioned above, current analyst estimates might be too bullish.\nWhen we look at insider trades, we see that PEP seems to be a better buy in the eyes of its executives relative to KO:\nSource: nasdaq.com\nPepsiCo's insiders have bought more shares than they sold over the last 3 months and the last twelve months. On a net basis, buying activity has not been overly high, but it still is a positive sign that insiders seem to see value in PEP stock.\nCoca-Cola's insiders, meanwhile, have been on a selling spree:\nSource: nasdaq.com\nBoth over the last three months, as well as over the last year, insiders sold way more shares than they bought. This suggests that insiders do not see too much value in KO's stock. At the same time, this could be the result of massive share issuance to management that is rapidly turned into cash, which would also explain why KO's share count has been climbing while PEP's share count declined.\nOverall, PEP seems like the more shareholder-friendly company where insiders are better aligned with owners. At the same time, in the eyes of those that own the company very well, PEP seems to be more attractively priced -- otherwise execs wouldn't be buying more than they are selling. Coca-Cola does, however, offer a slightly higher dividend yield, which might be the deciding factor for some investors.\nWhich Is The Better Stock To Buy?\nBoth KO and PEP offer a sizeable dividend yield, both companies are active in a relatively resilient industry, and both companies are forecasted to grow at a relatively similar rate over the coming years. Due to its lower dividend payout ratio, higher dividend growth, better track record, declining share count, and due to recent insider buying, I still believe that PEP is the slightly stronger pick right here. PEP's better diversification and its stronger crisis performance are also attractive qualities.\nKO, meanwhile, has underperformed for many years, and due to ongoing shareholder dilution, it seems far from guaranteed that it will be able to close the gap versus PEP when it comes to earnings per share growth. Insiders also do not seem to have a lot of trust in the company's future performance, as they have been selling way more shares than they bought in the recent past.\nThat being said, at a mid-20s earnings multiple, neither of the two companies look especially inexpensive. Investors may want to wait for a better buying opportunity to emerge instead of paying a quite high price for a slow-moving mature company. I am thus slightly more bullish on PEP, but do not consider it a great buy at current prices.","news_type":1,"symbols_score_info":{"KO":0.9,"PEP":0.9}},"isVote":1,"tweetType":1,"viewCount":1244,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":826059932,"gmtCreate":1633960461291,"gmtModify":1633960461407,"author":{"id":"3579516715925048","authorId":"3579516715925048","name":"lee1234","avatar":"https://static.tigerbbs.com/c1a0ecabeae2d32250fce1eb7e612d3d","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3579516715925048","authorIdStr":"3579516715925048"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/826059932","repostId":"1199165304","repostType":4,"isVote":1,"tweetType":1,"viewCount":965,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0}],"hots":[{"id":110880067,"gmtCreate":1622438101759,"gmtModify":1634101458163,"author":{"id":"3579516715925048","authorId":"3579516715925048","name":"lee1234","avatar":"https://static.tigerbbs.com/c1a0ecabeae2d32250fce1eb7e612d3d","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3579516715925048","idStr":"3579516715925048"},"themes":[],"htmlText":"Please like and comment&nbsp;","listText":"Please like and comment&nbsp;","text":"Please like and comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":6,"repostSize":0,"link":"https://laohu8.com/post/110880067","repostId":"2139438981","repostType":4,"isVote":1,"tweetType":1,"viewCount":544,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":864201492,"gmtCreate":1633101504647,"gmtModify":1633101504956,"author":{"id":"3579516715925048","authorId":"3579516715925048","name":"lee1234","avatar":"https://static.tigerbbs.com/c1a0ecabeae2d32250fce1eb7e612d3d","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3579516715925048","idStr":"3579516715925048"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":12,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/864201492","repostId":"2172295185","repostType":4,"isVote":1,"tweetType":1,"viewCount":375,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":862355417,"gmtCreate":1632839407152,"gmtModify":1632839407251,"author":{"id":"3579516715925048","authorId":"3579516715925048","name":"lee1234","avatar":"https://static.tigerbbs.com/c1a0ecabeae2d32250fce1eb7e612d3d","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3579516715925048","idStr":"3579516715925048"},"themes":[],"htmlText":"Like and comment&nbsp;","listText":"Like and comment&nbsp;","text":"Like and comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":4,"repostSize":0,"link":"https://laohu8.com/post/862355417","repostId":"2170770176","repostType":4,"isVote":1,"tweetType":1,"viewCount":487,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":860155660,"gmtCreate":1632147817150,"gmtModify":1632802519590,"author":{"id":"3579516715925048","authorId":"3579516715925048","name":"lee1234","avatar":"https://static.tigerbbs.com/c1a0ecabeae2d32250fce1eb7e612d3d","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3579516715925048","idStr":"3579516715925048"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":12,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/860155660","repostId":"1147005019","repostType":4,"repost":{"id":"1147005019","kind":"news","pubTimestamp":1632146943,"share":"https://www.laohu8.com/m/news/1147005019?lang=zh_CN&edition=full","pubTime":"2021-09-20 22:09","market":"us","language":"en","title":"Evergrande isn’t the only reason the stock market is headed for its worst day in 2 months. Here are 5 other reasons<blockquote>恒大并不是股市迎来两个月来最糟糕一天的唯一原因。以下是其他5个原因</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1147005019","media":"marketwatch","summary":"U.S. stock benchmarks were on track to post the worst daily drop in more than two months, with the s","content":"<p>U.S. stock benchmarks were on track to post the worst daily drop in more than two months, with the skid being blamed on the potential collapse of Evergrande. The Chinese property giant is threatening to default on $300 billion in debt that could ripple through global markets.</p><p><blockquote>美国股市基准有望创下两个多月来最严重的单日跌幅，这一下滑被归咎于恒大集团的潜在倒闭。这家中国房地产巨头威胁要拖欠3000亿美元的债务，这可能会波及全球市场。</blockquote></p><p> The Dow Jones Industrial AverageDJIA,-1.31%,the S&amp;P 500 indexSPX,-1.42%and the Nasdaq CompositeCOMP,-1.75%indexes were all facing sharp declines at Monday’s open.</p><p><blockquote>道琼斯工业平均指数DJIA,-1.31%、标普500指数SPX,-1.42%和纳斯达克综合指数COMP,-1.75%周一开盘均面临大幅下跌。</blockquote></p><p> However, the sharp downturn by the highly leveraged real-estate sector, which the Financial Times notes makes up more than 28% of China’s economy, isn’t the only problem for markets on Monday.</p><p><blockquote>然而，高杠杆房地产行业的急剧下滑并不是周一市场的唯一问题。英国《金融时报》指出，房地产行业占中国经济的28%以上。</blockquote></p><p> Here are a few others.</p><p><blockquote>这里还有几个。</blockquote></p><p> <b>Delta woes</b></p><p><blockquote><b>三角洲灾难</b></blockquote></p><p> The delta variant of COVID-19 is resulting in higher cases in the world’s largest economy.</p><p><blockquote>新冠肺炎的德尔塔变异毒株导致世界最大经济体的病例增加。</blockquote></p><p> The U.S. is now averaging more than 2,000 deaths daily,&nbsp;according to a New York Times tracker,&nbsp;the most since March 1, and consist almost entirely of unvaccinated people. Florida, which has vaccinated 56% of its population, is averaging 353 deaths a day. Texas, where 50% of the population is inoculated, is seeing 286 deaths a day, according to the Times. The two states account for more than 30% of all COVID-19 deaths since March 1.</p><p><blockquote>根据《纽约时报》的追踪，美国目前平均每天有超过2000人死亡，这是自3月1日以来的最高水平，而且几乎全部由未接种疫苗的人组成。佛罗里达州已为56%的人口接种了疫苗，平均每天有353人死亡。据《泰晤士报》报道，德克萨斯州50%的人口接种了疫苗，每天有286人死亡。自3月1日以来，这两个州占所有新冠肺炎死亡人数的30%以上。</blockquote></p><p> <b>Fed taper talk</b></p><p><blockquote><b>美联储减缩言论</b></blockquote></p><p> Markets are fixatedon the rate-setting Federal Open Market Committee’s Sept. 21-22 meeting, where Fed officials facing the prospect of removing accommodations that have propped markets up since the start of the COVID-19 pandemic in the U.S., even as the economic rebound looks uneven.</p><p><blockquote>市场关注制定利率的联邦公开市场委员会9月21日至22日的会议，美联储官员将面临取消自美国COVID-19大流行开始以来支撑市场的宽松措施的前景，尽管经济反弹看起来不均衡。</blockquote></p><p> The Fed has been buying $80 billion of Treasurys and $40 billion of mortgage-backed securities each month since last June to keep long-term interest rates low and bolster demand. It said it would maintain the purchases until the economy hit a threshold of “substantial” progress on inflation and the labor market and the question the market is weighing is whether the time for tapering those asset purchases is now.</p><p><blockquote>自去年6月以来，美联储每月购买800亿美元的美国国债和400亿美元的抵押贷款支持证券，以保持低长期利率并提振需求。该公司表示，将维持购买，直到经济在通胀和劳动力市场方面达到“实质性”进展的门槛，市场正在权衡的问题是现在是否是缩减这些资产购买的时候。</blockquote></p><p> A number of Fed officials have expressed a desire to announce tapering at its September meeting and begin the initiative before year-end, with an eye toward concluding it by 2022.</p><p><blockquote>一些美联储官员表示希望在9月份的会议上宣布缩减规模，并在年底前开始这一举措，以期在2022年之前结束。</blockquote></p><p> Investors are anxious about the timetable for such reductions and are also looking out forany signals of an interest-rate increase in 2022.</p><p><blockquote>投资者对此类降息的时间表感到焦虑，也在寻找2022年加息的任何信号。</blockquote></p><p> <b>Debt ceiling</b></p><p><blockquote><b>债务上限</b></blockquote></p><p> On Sunday, U.S. Treasury Secretary Janet Yellen urged Congress to raise or suspend the nation’s debt ceiling or risk “widespread economic catastrophe.”</p><p><blockquote>周日，美国财政部长珍妮特·耶伦敦促国会提高或暂停国家债务上限，否则将面临“大范围经济灾难”的风险。</blockquote></p><p> In&nbsp;an op-ed column published by The Wall Street Journal, Yellen noted that the U.S. has never defaulted, and said it must not now.</p><p><blockquote>耶伦在《华尔街日报》发表的专栏中指出，美国从未违约，并表示现在也不能违约。</blockquote></p><p> Congress has raised or suspended the debt limit about 80 times since 1960, Yellen said, and during the Trump administration Democrats agreed three times to suspend the debt ceiling.</p><p><blockquote>耶伦说，自1960年以来，国会已经提高或暂停债务上限约80次，在特朗普政府期间，民主党人三次同意暂停债务上限。</blockquote></p><p> The country’s accumulated debt is about $28.4 trillion.</p><p><blockquote>该国累计债务约为28.4万亿美元。</blockquote></p><p> <b>September season</b></p><p><blockquote><b>九月季节</b></blockquote></p><p> There is a growing sense that valuations are rich and the Federal Reserve’s easy-money punchbowl will soon be yanked away at the worst possible time. Seasonally, September has been one of the worst months for stocks and investors think that the market might trade true to trend.</p><p><blockquote>人们越来越感觉到，估值很高，美联储的宽松货币潘趣酒碗很快就会在最糟糕的时候被夺走。从季节性来看，9月份是股市最糟糕的月份之一，投资者认为市场可能会按照趋势进行交易。</blockquote></p><p> <b>A correction is due</b></p><p><blockquote><b>更正到期</b></blockquote></p><p> Strategists think that the market is due for a significant pullback as the S&amp;P 500 has marked more than 200 sessions without a drawdown of 5% or more from a recent peak, making the current stretch of levitation the longest such since around 2016, when the market went 404 sessions without falling byat least 5% peak to trough.</p><p><blockquote>策略师认为，市场将出现大幅回调，因为标普500已经有200多个交易日没有从近期峰值下跌5%或更多，这使得当前的悬浮期成为自2016年左右以来最长的一次，当时市场经历了404个交易日没有从峰值到低谷下跌至少5%。</blockquote></p><p></p>","source":"lsy1603348471595","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Evergrande isn’t the only reason the stock market is headed for its worst day in 2 months. Here are 5 other reasons<blockquote>恒大并不是股市迎来两个月来最糟糕一天的唯一原因。以下是其他5个原因</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\">\nEvergrande isn’t the only reason the stock market is headed for its worst day in 2 months. Here are 5 other reasons<blockquote>恒大并不是股市迎来两个月来最糟糕一天的唯一原因。以下是其他5个原因</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">marketwatch</strong><span class=\"h-time small\">2021-09-20 22:09</span>\n</p>\n</h4>\n</header>\n<article>\n<p>U.S. stock benchmarks were on track to post the worst daily drop in more than two months, with the skid being blamed on the potential collapse of Evergrande. The Chinese property giant is threatening to default on $300 billion in debt that could ripple through global markets.</p><p><blockquote>美国股市基准有望创下两个多月来最严重的单日跌幅，这一下滑被归咎于恒大集团的潜在倒闭。这家中国房地产巨头威胁要拖欠3000亿美元的债务，这可能会波及全球市场。</blockquote></p><p> The Dow Jones Industrial AverageDJIA,-1.31%,the S&amp;P 500 indexSPX,-1.42%and the Nasdaq CompositeCOMP,-1.75%indexes were all facing sharp declines at Monday’s open.</p><p><blockquote>道琼斯工业平均指数DJIA,-1.31%、标普500指数SPX,-1.42%和纳斯达克综合指数COMP,-1.75%周一开盘均面临大幅下跌。</blockquote></p><p> However, the sharp downturn by the highly leveraged real-estate sector, which the Financial Times notes makes up more than 28% of China’s economy, isn’t the only problem for markets on Monday.</p><p><blockquote>然而，高杠杆房地产行业的急剧下滑并不是周一市场的唯一问题。英国《金融时报》指出，房地产行业占中国经济的28%以上。</blockquote></p><p> Here are a few others.</p><p><blockquote>这里还有几个。</blockquote></p><p> <b>Delta woes</b></p><p><blockquote><b>三角洲灾难</b></blockquote></p><p> The delta variant of COVID-19 is resulting in higher cases in the world’s largest economy.</p><p><blockquote>新冠肺炎的德尔塔变异毒株导致世界最大经济体的病例增加。</blockquote></p><p> The U.S. is now averaging more than 2,000 deaths daily,&nbsp;according to a New York Times tracker,&nbsp;the most since March 1, and consist almost entirely of unvaccinated people. Florida, which has vaccinated 56% of its population, is averaging 353 deaths a day. Texas, where 50% of the population is inoculated, is seeing 286 deaths a day, according to the Times. The two states account for more than 30% of all COVID-19 deaths since March 1.</p><p><blockquote>根据《纽约时报》的追踪，美国目前平均每天有超过2000人死亡，这是自3月1日以来的最高水平，而且几乎全部由未接种疫苗的人组成。佛罗里达州已为56%的人口接种了疫苗，平均每天有353人死亡。据《泰晤士报》报道，德克萨斯州50%的人口接种了疫苗，每天有286人死亡。自3月1日以来，这两个州占所有新冠肺炎死亡人数的30%以上。</blockquote></p><p> <b>Fed taper talk</b></p><p><blockquote><b>美联储减缩言论</b></blockquote></p><p> Markets are fixatedon the rate-setting Federal Open Market Committee’s Sept. 21-22 meeting, where Fed officials facing the prospect of removing accommodations that have propped markets up since the start of the COVID-19 pandemic in the U.S., even as the economic rebound looks uneven.</p><p><blockquote>市场关注制定利率的联邦公开市场委员会9月21日至22日的会议，美联储官员将面临取消自美国COVID-19大流行开始以来支撑市场的宽松措施的前景，尽管经济反弹看起来不均衡。</blockquote></p><p> The Fed has been buying $80 billion of Treasurys and $40 billion of mortgage-backed securities each month since last June to keep long-term interest rates low and bolster demand. It said it would maintain the purchases until the economy hit a threshold of “substantial” progress on inflation and the labor market and the question the market is weighing is whether the time for tapering those asset purchases is now.</p><p><blockquote>自去年6月以来，美联储每月购买800亿美元的美国国债和400亿美元的抵押贷款支持证券，以保持低长期利率并提振需求。该公司表示，将维持购买，直到经济在通胀和劳动力市场方面达到“实质性”进展的门槛，市场正在权衡的问题是现在是否是缩减这些资产购买的时候。</blockquote></p><p> A number of Fed officials have expressed a desire to announce tapering at its September meeting and begin the initiative before year-end, with an eye toward concluding it by 2022.</p><p><blockquote>一些美联储官员表示希望在9月份的会议上宣布缩减规模，并在年底前开始这一举措，以期在2022年之前结束。</blockquote></p><p> Investors are anxious about the timetable for such reductions and are also looking out forany signals of an interest-rate increase in 2022.</p><p><blockquote>投资者对此类降息的时间表感到焦虑，也在寻找2022年加息的任何信号。</blockquote></p><p> <b>Debt ceiling</b></p><p><blockquote><b>债务上限</b></blockquote></p><p> On Sunday, U.S. Treasury Secretary Janet Yellen urged Congress to raise or suspend the nation’s debt ceiling or risk “widespread economic catastrophe.”</p><p><blockquote>周日，美国财政部长珍妮特·耶伦敦促国会提高或暂停国家债务上限，否则将面临“大范围经济灾难”的风险。</blockquote></p><p> In&nbsp;an op-ed column published by The Wall Street Journal, Yellen noted that the U.S. has never defaulted, and said it must not now.</p><p><blockquote>耶伦在《华尔街日报》发表的专栏中指出，美国从未违约，并表示现在也不能违约。</blockquote></p><p> Congress has raised or suspended the debt limit about 80 times since 1960, Yellen said, and during the Trump administration Democrats agreed three times to suspend the debt ceiling.</p><p><blockquote>耶伦说，自1960年以来，国会已经提高或暂停债务上限约80次，在特朗普政府期间，民主党人三次同意暂停债务上限。</blockquote></p><p> The country’s accumulated debt is about $28.4 trillion.</p><p><blockquote>该国累计债务约为28.4万亿美元。</blockquote></p><p> <b>September season</b></p><p><blockquote><b>九月季节</b></blockquote></p><p> There is a growing sense that valuations are rich and the Federal Reserve’s easy-money punchbowl will soon be yanked away at the worst possible time. Seasonally, September has been one of the worst months for stocks and investors think that the market might trade true to trend.</p><p><blockquote>人们越来越感觉到，估值很高，美联储的宽松货币潘趣酒碗很快就会在最糟糕的时候被夺走。从季节性来看，9月份是股市最糟糕的月份之一，投资者认为市场可能会按照趋势进行交易。</blockquote></p><p> <b>A correction is due</b></p><p><blockquote><b>更正到期</b></blockquote></p><p> Strategists think that the market is due for a significant pullback as the S&amp;P 500 has marked more than 200 sessions without a drawdown of 5% or more from a recent peak, making the current stretch of levitation the longest such since around 2016, when the market went 404 sessions without falling byat least 5% peak to trough.</p><p><blockquote>策略师认为，市场将出现大幅回调，因为标普500已经有200多个交易日没有从近期峰值下跌5%或更多，这使得当前的悬浮期成为自2016年左右以来最长的一次，当时市场经历了404个交易日没有从峰值到低谷下跌至少5%。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.marketwatch.com/story/evergrande-isnt-the-only-reason-the-stock-market-is-headed-for-its-worst-day-in-2-months-here-are-5-other-reasons-11632146759?mod=hp_LATEST\">marketwatch</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index","SPY":"标普500ETF",".IXIC":"NASDAQ Composite",".DJI":"道琼斯"},"source_url":"https://www.marketwatch.com/story/evergrande-isnt-the-only-reason-the-stock-market-is-headed-for-its-worst-day-in-2-months-here-are-5-other-reasons-11632146759?mod=hp_LATEST","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1147005019","content_text":"U.S. stock benchmarks were on track to post the worst daily drop in more than two months, with the skid being blamed on the potential collapse of Evergrande. The Chinese property giant is threatening to default on $300 billion in debt that could ripple through global markets.\nThe Dow Jones Industrial AverageDJIA,-1.31%,the S&P 500 indexSPX,-1.42%and the Nasdaq CompositeCOMP,-1.75%indexes were all facing sharp declines at Monday’s open.\nHowever, the sharp downturn by the highly leveraged real-estate sector, which the Financial Times notes makes up more than 28% of China’s economy, isn’t the only problem for markets on Monday.\nHere are a few others.\nDelta woes\nThe delta variant of COVID-19 is resulting in higher cases in the world’s largest economy.\nThe U.S. is now averaging more than 2,000 deaths daily, according to a New York Times tracker, the most since March 1, and consist almost entirely of unvaccinated people. Florida, which has vaccinated 56% of its population, is averaging 353 deaths a day. Texas, where 50% of the population is inoculated, is seeing 286 deaths a day, according to the Times. The two states account for more than 30% of all COVID-19 deaths since March 1.\nFed taper talk\nMarkets are fixatedon the rate-setting Federal Open Market Committee’s Sept. 21-22 meeting, where Fed officials facing the prospect of removing accommodations that have propped markets up since the start of the COVID-19 pandemic in the U.S., even as the economic rebound looks uneven.\nThe Fed has been buying $80 billion of Treasurys and $40 billion of mortgage-backed securities each month since last June to keep long-term interest rates low and bolster demand. It said it would maintain the purchases until the economy hit a threshold of “substantial” progress on inflation and the labor market and the question the market is weighing is whether the time for tapering those asset purchases is now.\nA number of Fed officials have expressed a desire to announce tapering at its September meeting and begin the initiative before year-end, with an eye toward concluding it by 2022.\nInvestors are anxious about the timetable for such reductions and are also looking out forany signals of an interest-rate increase in 2022.\nDebt ceiling\nOn Sunday, U.S. Treasury Secretary Janet Yellen urged Congress to raise or suspend the nation’s debt ceiling or risk “widespread economic catastrophe.”\nIn an op-ed column published by The Wall Street Journal, Yellen noted that the U.S. has never defaulted, and said it must not now.\nCongress has raised or suspended the debt limit about 80 times since 1960, Yellen said, and during the Trump administration Democrats agreed three times to suspend the debt ceiling.\nThe country’s accumulated debt is about $28.4 trillion.\nSeptember season\nThere is a growing sense that valuations are rich and the Federal Reserve’s easy-money punchbowl will soon be yanked away at the worst possible time. Seasonally, September has been one of the worst months for stocks and investors think that the market might trade true to trend.\nA correction is due\nStrategists think that the market is due for a significant pullback as the S&P 500 has marked more than 200 sessions without a drawdown of 5% or more from a recent peak, making the current stretch of levitation the longest such since around 2016, when the market went 404 sessions without falling byat least 5% peak to 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