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Jimchanfc
2021-08-28
Still buying?
Jimchanfc
2021-08-28
Like pls
抱歉,原内容已删除
Jimchanfc
2021-08-27
$Tiger Brokers(TIGR)$
this is so sad
Jimchanfc
2021-08-25
$Tiger Brokers(TIGR)$
Fml
Jimchanfc
2021-08-25
Here we go again
Jimchanfc
2021-08-24
Comment and like pls
抱歉,原内容已删除
Jimchanfc
2021-08-24
$Tiger Brokers(TIGR)$
Killing me slowly
Jimchanfc
2021-08-24
HODL OR BUY THE DIP
Jimchanfc
2021-08-20
Like pls
抱歉,原内容已删除
Jimchanfc
2021-08-20
Like pls
抱歉,原内容已删除
Jimchanfc
2021-08-20
Bull bear or tiger?
Jimchanfc
2021-08-20
$Tiger Brokers(TIGR)$
F
Jimchanfc
2021-08-19
$Tiger Brokers(TIGR)$
What a disaster
Jimchanfc
2021-08-19
Like pls
Some China concepts stocks tumbled in morning trading<blockquote>一些中国概念股在早盘交易中暴跌</blockquote>
Jimchanfc
2021-08-18
Like pls
抱歉,原内容已删除
Jimchanfc
2021-08-18
Like pls!!!
抱歉,原内容已删除
Jimchanfc
2021-08-18
Where my tiger squad at
Jimchanfc
2021-08-18
$Tiger Brokers(TIGR)$
Cry me a river
Jimchanfc
2021-08-17
$Apple(AAPL)$
Hehehe
Jimchanfc
2021-08-16
Like pls
Big tech stocks fell in morning trading, Apple fell over 1% after reaching record high<blockquote>大型科技股早盘下跌,苹果创历史新高后跌超1%</blockquote>
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","listText":"Like pls!!! ","text":"Like pls!!!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/831337502","repostId":"1193971492","repostType":4,"isVote":1,"tweetType":1,"viewCount":862,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":831337179,"gmtCreate":1629287507591,"gmtModify":1633685975035,"author":{"id":"3580942055840541","authorId":"3580942055840541","name":"Jimchanfc","avatar":"https://static.tigerbbs.com/d38914f80f89dfb4ac6b61f5166d33f3","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3580942055840541","idStr":"3580942055840541"},"themes":[],"title":"","htmlText":"Where my tiger squad at ","listText":"Where my tiger squad at ","text":"Where my tiger squad at","images":[{"img":"https://static.tigerbbs.com/38023d3a9c367bf9e93d4304ac3f83b4","width":"750","height":"2389"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/831337179","isVote":1,"tweetType":1,"viewCount":875,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":831337096,"gmtCreate":1629287482315,"gmtModify":1633685975380,"author":{"id":"3580942055840541","authorId":"3580942055840541","name":"Jimchanfc","avatar":"https://static.tigerbbs.com/d38914f80f89dfb4ac6b61f5166d33f3","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3580942055840541","idStr":"3580942055840541"},"themes":[],"title":"","htmlText":"<a href=\"https://laohu8.com/S/TIGR\">$Tiger Brokers(TIGR)$</a>Cry me a river ","listText":"<a href=\"https://laohu8.com/S/TIGR\">$Tiger Brokers(TIGR)$</a>Cry me a river ","text":"$Tiger Brokers(TIGR)$Cry me a river","images":[{"img":"https://static.tigerbbs.com/8e3720d19508507c4fd3491d512a37e3","width":"828","height":"1434"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/831337096","isVote":1,"tweetType":1,"viewCount":1184,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":833191406,"gmtCreate":1629209113605,"gmtModify":1633686558036,"author":{"id":"3580942055840541","authorId":"3580942055840541","name":"Jimchanfc","avatar":"https://static.tigerbbs.com/d38914f80f89dfb4ac6b61f5166d33f3","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3580942055840541","idStr":"3580942055840541"},"themes":[],"title":"","htmlText":"<a href=\"https://laohu8.com/S/AAPL\">$Apple(AAPL)$</a>Hehehe ","listText":"<a href=\"https://laohu8.com/S/AAPL\">$Apple(AAPL)$</a>Hehehe ","text":"$Apple(AAPL)$Hehehe","images":[{"img":"https://static.tigerbbs.com/c04443c33570cd30c334fbb738a078fb","width":"828","height":"1434"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/833191406","isVote":1,"tweetType":1,"viewCount":1204,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":839159013,"gmtCreate":1629128423532,"gmtModify":1633687170333,"author":{"id":"3580942055840541","authorId":"3580942055840541","name":"Jimchanfc","avatar":"https://static.tigerbbs.com/d38914f80f89dfb4ac6b61f5166d33f3","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3580942055840541","idStr":"3580942055840541"},"themes":[],"title":"","htmlText":"Like pls ","listText":"Like pls ","text":"Like pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":9,"commentSize":4,"repostSize":0,"link":"https://laohu8.com/post/839159013","repostId":"1135212237","repostType":4,"repost":{"id":"1135212237","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":1629125001,"share":"https://www.laohunote.com/m/news/1135212237?lang=zh_CN&edition=full","pubTime":"2021-08-16 22:43","market":"us","language":"en","title":"Big tech stocks fell in morning trading, Apple fell over 1% after reaching record high<blockquote>大型科技股早盘下跌,苹果创历史新高后跌超1%</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1135212237","media":"Tiger Newspress","summary":"(Aug 16) Big tech stocks fell in morning trading. Apple fell over 1% after reaching record high at $","content":"<p>(Aug 16) Big tech stocks fell in morning trading. Apple fell over 1% after reaching record high at $150.59.</p><p><blockquote>(8月16日)大型科技股早盘下跌。苹果在触及150.59美元的历史新高后下跌超过1%。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/f7c0f1effcd77008de0ea3edac4e6766\" tg-width=\"309\" tg-height=\"323\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Big tech stocks fell in morning trading, Apple fell over 1% after reaching record high<blockquote>大型科技股早盘下跌,苹果创历史新高后跌超1%</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\">\nBig tech stocks fell in morning trading, Apple fell over 1% after reaching record high<blockquote>大型科技股早盘下跌,苹果创历史新高后跌超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\">2021-08-16 22:43</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>(Aug 16) Big tech stocks fell in morning trading. Apple fell over 1% after reaching record high at $150.59.</p><p><blockquote>(8月16日)大型科技股早盘下跌。苹果在触及150.59美元的历史新高后下跌超过1%。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/f7c0f1effcd77008de0ea3edac4e6766\" tg-width=\"309\" tg-height=\"323\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1135212237","content_text":"(Aug 16) Big tech stocks fell in morning trading. Apple fell over 1% after reaching record high at $150.59.","news_type":1,"symbols_score_info":{"AAPL":0.9}},"isVote":1,"tweetType":1,"viewCount":1116,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":803054402,"gmtCreate":1627397982906,"gmtModify":1633765372161,"author":{"id":"3580942055840541","authorId":"3580942055840541","name":"Jimchanfc","avatar":"https://static.tigerbbs.com/d38914f80f89dfb4ac6b61f5166d33f3","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3580942055840541","authorIdStr":"3580942055840541"},"themes":[],"title":"","htmlText":"This article is a joke and you should be ashamed.Tesla is nowhere near its full capability yet. Semi,roadster, cybertruck is not even in production yet. FSD has a long way to go before reaching its full production. Gigatexas and Berlin isn’t even built. Gigashanghai isn’t even in full production. Tesla just broke records with the global chip shortage issue. What they have achieved so far is only a factor of their full potential. What drugs are you on fam? ","listText":"This article is a joke and you should be ashamed.Tesla is nowhere near its full capability yet. Semi,roadster, cybertruck is not even in production yet. FSD has a long way to go before reaching its full production. Gigatexas and Berlin isn’t even built. Gigashanghai isn’t even in full production. Tesla just broke records with the global chip shortage issue. What they have achieved so far is only a factor of their full potential. What drugs are you on fam? ","text":"This article is a joke and you should be ashamed.Tesla is nowhere near its full capability yet. Semi,roadster, cybertruck is not even in production yet. FSD has a long way to go before reaching its full production. Gigatexas and Berlin isn’t even built. Gigashanghai isn’t even in full production. Tesla just broke records with the global chip shortage issue. What they have achieved so far is only a factor of their full potential. What drugs are you on fam?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":14,"commentSize":5,"repostSize":0,"link":"https://laohu8.com/post/803054402","repostId":"1124516451","repostType":4,"repost":{"id":"1124516451","kind":"news","pubTimestamp":1627397263,"share":"https://www.laohunote.com/m/news/1124516451?lang=zh_CN&edition=full","pubTime":"2021-07-27 22:47","market":"us","language":"en","title":"Tesla Is a Mature Business. Don’t Look Now.<blockquote>特斯拉是一家成熟的企业。现在别看。</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1124516451","media":"Barrons","summary":"The electric-vehicle company Tesla reported its best quarterly results ever Monday evening, but investors and analysts are greeting the news with measured optimism—a sign that Tesla is maturing as a company.Tesla reported $1.45 in adjusted per-share earnings for the second quarter, far higher than the roughly 95 cents analysts were looking for. Sales from regulatory credits—a source of revenue seen as less sustainable than sales of vehicles—-fell, but operating profits rose to record highs beca","content":"<p>The electric-vehicle company Tesla reported its best quarterly results ever Monday evening, but investors and analysts are greeting the news with measured optimism—a sign that Tesla is maturing as a company.</p><p><blockquote>电动汽车公司特斯拉周一晚间公布了有史以来最好的季度业绩,但投资者和分析师对这一消息持谨慎乐观态度——这表明特斯拉作为一家公司正在走向成熟。</blockquote></p><p> Tesla (ticker: TSLA) reported $1.45 in adjusted per-share earnings for the second quarter, far higher than the roughly 95 cents analysts were looking for. Sales from regulatory credits—a source of revenue seen as less sustainable than sales of vehicles—-fell, but operating profits rose to record highs because of strong profitability in the automotive division.</p><p><blockquote>特斯拉(股票代码:TSLA)公布第二季度调整后每股收益为 1.45 美元,远高于分析师预期的约 95 美分。监管信贷的销售额(一种被认为不如汽车销售可持续的收入来源)下降,但由于汽车部门的强劲盈利能力,营业利润升至历史新高。</blockquote></p><p> Tesla generates the credits by making more than its fair share of zero- emission cars and sells them to manufacturers that still rely on internal-combustion engines. Pessimists on the stock believe that source of income will dwindle over time.</p><p><blockquote>特斯拉通过生产超过其公平份额的零排放汽车并将其出售给仍然依赖内燃机的制造商来获得积分。该股的悲观主义者认为,随着时间的推移,收入来源将会减少。</blockquote></p><p> The stock, however, was down 1.5% in early trading Tuesday. The S&P 500 and Dow Jones Industrial Average,for comparison, had fallen 0.6% and 0.4%, respectively.</p><p><blockquote>然而,该股在周二早盘交易中下跌 1.5%。相比之下,标普500和道琼斯工业平均指数分别下跌 0.6% 和 0.4%。</blockquote></p><p> It is a muted reaction to a good quarter, typical of the way stocks of mature businesses behave. Tesla stock moved more than 10% in response to three of the four 2019 quarterly reports. But it rose or fell an average of about 2.5% in response to the 2020 earnings reports.</p><p><blockquote>这是对良好季度的平静反应,是成熟企业股票的典型表现。特斯拉股价因 2019 年四份季度报告中的三份而上涨超过 10%。但根据 2020 年收益报告,其平均上涨或下跌约 2.5%。</blockquote></p><p> The typical 2020 move was a fall in the price in response to news of better-than-expected results. The same thing happened after the release of results for the first quarter of 2021.</p><p><blockquote>2020 年的典型走势是价格下跌,以应对好于预期的业绩消息。同样的事情发生在2021年第一季度业绩发布后。</blockquote></p><p> That is another sign of maturity. A small drop in response to better-than-expected results is the typical outcome for stocks. Investors always expect companies to exceed analyst projections, and when they get that result, they “sell the news.”</p><p><blockquote>这是成熟的另一个标志。由于业绩好于预期而小幅下跌是股票的典型结果。投资者总是期望公司超出分析师的预测,当他们得到这个结果时,他们就会 “推销消息”。</blockquote></p><p> The reaction among Wall Street analysts to the latest results is yet another sign of maturity. Mizuho analyst Vijay Rakesh raised his target for Tesla’s stock price by $5 to $825 following the news, for a bump of less than 1%.</p><p><blockquote>华尔街分析师对最新结果的反应是成熟的又一个迹象。瑞穗分析师 Vijay Rakesh 在消息传出后将特斯拉的目标股价上调了 5 美元,至 825 美元,涨幅不到 1%。</blockquote></p><p> Back in January, RBC analyst Joe Spak raised his target price to $700 a share from $339 after changing how he thought about Tesla’s business. That was a huge target-price change from a large broker.</p><p><blockquote>早在今年 1 月,加拿大皇家银行(RBC)分析师乔-斯帕克(Joe Spak)就改变了对特斯拉业务的看法,将目标价从每股 339 美元上调至 700 美元。这是一家大型经纪商的巨大目标价变化。</blockquote></p><p> Smaller changes in price targets can indicate a business is becoming more stable, and that analysts believe they have a grip on what is happening. That reduces the need for them to dramatically overhaul their views in response to events.</p><p><blockquote>价格目标的微小变化可能表明企业变得更加稳定,分析师相信他们已经掌握了正在发生的事情。这减少了他们为了应对事件而大幅修改自己观点的需要。</blockquote></p><p> Overall, the average analyst target price is up about $18, or 3%, in reaction to Monday’s results to about $644 a share. Tesla shares are trading about 1% or 2% above the average analyst target price.</p><p><blockquote>总体而言,根据周一的业绩,分析师的平均目标价上涨了约 18 美元,即 3%,至约每股 644 美元。特斯拉股价比分析师平均目标价高出约 1% 或 2%。</blockquote></p><p> Target prices generally reflect where analysts think a stock should trade to earn a fair return out into the future. The average target price on stocks in the S&P 500 implies a gain of 7%.</p><p><blockquote>目标价通常反映了分析师认为股票应该在哪里交易,以在未来获得公平的回报。标普500股票的平均目标价意味着上涨 7%。</blockquote></p><p> Even the fact that Tesla is trading around its average analyst target price is a sign of maturity. A year ago, the average target price for Tesla stock was about $225, while the price was above $300.</p><p><blockquote>即使特斯拉的交易价格在分析师平均目标价附近,也是成熟的标志。一年前,特斯拉股票的平均目标价约为225美元,而价格在300美元以上。</blockquote></p><p> Shareholders and bulls on the stock might like a bigger response from the stock when earnings come in strong, but the days of 20% moves, up or down, might be gone for Tesla. That is more evidence that Tesla is here to stay as the world’s most valuable car company.</p><p><blockquote>当盈利强劲时,该股的股东和看涨者可能希望该股做出更大的反应,但特斯拉股价上涨或下跌 20% 的日子可能已经一去不复返了。这进一步证明,特斯拉将继续保持全球最有价值汽车公司的地位。</blockquote></p><p></p>","source":"lsy1601382232898","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Tesla Is a Mature Business. Don’t Look Now.<blockquote>特斯拉是一家成熟的企业。现在别看。</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 Is a Mature Business. Don’t Look Now.<blockquote>特斯拉是一家成熟的企业。现在别看。</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Barrons</strong><span class=\"h-time small\">2021-07-27 22:47</span>\n</p>\n</h4>\n</header>\n<article>\n<p>The electric-vehicle company Tesla reported its best quarterly results ever Monday evening, but investors and analysts are greeting the news with measured optimism—a sign that Tesla is maturing as a company.</p><p><blockquote>电动汽车公司特斯拉周一晚间公布了有史以来最好的季度业绩,但投资者和分析师对这一消息持谨慎乐观态度——这表明特斯拉作为一家公司正在走向成熟。</blockquote></p><p> Tesla (ticker: TSLA) reported $1.45 in adjusted per-share earnings for the second quarter, far higher than the roughly 95 cents analysts were looking for. Sales from regulatory credits—a source of revenue seen as less sustainable than sales of vehicles—-fell, but operating profits rose to record highs because of strong profitability in the automotive division.</p><p><blockquote>特斯拉(股票代码:TSLA)公布第二季度调整后每股收益为 1.45 美元,远高于分析师预期的约 95 美分。监管信贷的销售额(一种被认为不如汽车销售可持续的收入来源)下降,但由于汽车部门的强劲盈利能力,营业利润升至历史新高。</blockquote></p><p> Tesla generates the credits by making more than its fair share of zero- emission cars and sells them to manufacturers that still rely on internal-combustion engines. Pessimists on the stock believe that source of income will dwindle over time.</p><p><blockquote>特斯拉通过生产超过其公平份额的零排放汽车并将其出售给仍然依赖内燃机的制造商来获得积分。该股的悲观主义者认为,随着时间的推移,收入来源将会减少。</blockquote></p><p> The stock, however, was down 1.5% in early trading Tuesday. The S&P 500 and Dow Jones Industrial Average,for comparison, had fallen 0.6% and 0.4%, respectively.</p><p><blockquote>然而,该股在周二早盘交易中下跌 1.5%。相比之下,标普500和道琼斯工业平均指数分别下跌 0.6% 和 0.4%。</blockquote></p><p> It is a muted reaction to a good quarter, typical of the way stocks of mature businesses behave. Tesla stock moved more than 10% in response to three of the four 2019 quarterly reports. But it rose or fell an average of about 2.5% in response to the 2020 earnings reports.</p><p><blockquote>这是对良好季度的平静反应,是成熟企业股票的典型表现。特斯拉股价因 2019 年四份季度报告中的三份而上涨超过 10%。但根据 2020 年收益报告,其平均上涨或下跌约 2.5%。</blockquote></p><p> The typical 2020 move was a fall in the price in response to news of better-than-expected results. The same thing happened after the release of results for the first quarter of 2021.</p><p><blockquote>2020 年的典型走势是价格下跌,以应对好于预期的业绩消息。同样的事情发生在2021年第一季度业绩发布后。</blockquote></p><p> That is another sign of maturity. A small drop in response to better-than-expected results is the typical outcome for stocks. Investors always expect companies to exceed analyst projections, and when they get that result, they “sell the news.”</p><p><blockquote>这是成熟的另一个标志。由于业绩好于预期而小幅下跌是股票的典型结果。投资者总是期望公司超出分析师的预测,当他们得到这个结果时,他们就会 “推销消息”。</blockquote></p><p> The reaction among Wall Street analysts to the latest results is yet another sign of maturity. Mizuho analyst Vijay Rakesh raised his target for Tesla’s stock price by $5 to $825 following the news, for a bump of less than 1%.</p><p><blockquote>华尔街分析师对最新结果的反应是成熟的又一个迹象。瑞穗分析师 Vijay Rakesh 在消息传出后将特斯拉的目标股价上调了 5 美元,至 825 美元,涨幅不到 1%。</blockquote></p><p> Back in January, RBC analyst Joe Spak raised his target price to $700 a share from $339 after changing how he thought about Tesla’s business. That was a huge target-price change from a large broker.</p><p><blockquote>早在今年 1 月,加拿大皇家银行(RBC)分析师乔-斯帕克(Joe Spak)就改变了对特斯拉业务的看法,将目标价从每股 339 美元上调至 700 美元。这是一家大型经纪商的巨大目标价变化。</blockquote></p><p> Smaller changes in price targets can indicate a business is becoming more stable, and that analysts believe they have a grip on what is happening. That reduces the need for them to dramatically overhaul their views in response to events.</p><p><blockquote>价格目标的微小变化可能表明企业变得更加稳定,分析师相信他们已经掌握了正在发生的事情。这减少了他们为了应对事件而大幅修改自己观点的需要。</blockquote></p><p> Overall, the average analyst target price is up about $18, or 3%, in reaction to Monday’s results to about $644 a share. Tesla shares are trading about 1% or 2% above the average analyst target price.</p><p><blockquote>总体而言,根据周一的业绩,分析师的平均目标价上涨了约 18 美元,即 3%,至约每股 644 美元。特斯拉股价比分析师平均目标价高出约 1% 或 2%。</blockquote></p><p> Target prices generally reflect where analysts think a stock should trade to earn a fair return out into the future. The average target price on stocks in the S&P 500 implies a gain of 7%.</p><p><blockquote>目标价通常反映了分析师认为股票应该在哪里交易,以在未来获得公平的回报。标普500股票的平均目标价意味着上涨 7%。</blockquote></p><p> Even the fact that Tesla is trading around its average analyst target price is a sign of maturity. A year ago, the average target price for Tesla stock was about $225, while the price was above $300.</p><p><blockquote>即使特斯拉的交易价格在分析师平均目标价附近,也是成熟的标志。一年前,特斯拉股票的平均目标价约为225美元,而价格在300美元以上。</blockquote></p><p> Shareholders and bulls on the stock might like a bigger response from the stock when earnings come in strong, but the days of 20% moves, up or down, might be gone for Tesla. That is more evidence that Tesla is here to stay as the world’s most valuable car company.</p><p><blockquote>当盈利强劲时,该股的股东和看涨者可能希望该股做出更大的反应,但特斯拉股价上涨或下跌 20% 的日子可能已经一去不复返了。这进一步证明,特斯拉将继续保持全球最有价值汽车公司的地位。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源:<a href=\"https://www.barrons.com/articles/tesla-stock-mature-business-51627393369?mod=hp_LEADSUPP_1\">Barrons</a></p>\n<p>为提升您的阅读体验,我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉"},"source_url":"https://www.barrons.com/articles/tesla-stock-mature-business-51627393369?mod=hp_LEADSUPP_1","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1124516451","content_text":"The electric-vehicle company Tesla reported its best quarterly results ever Monday evening, but investors and analysts are greeting the news with measured optimism—a sign that Tesla is maturing as a company.\nTesla (ticker: TSLA) reported $1.45 in adjusted per-share earnings for the second quarter, far higher than the roughly 95 cents analysts were looking for. Sales from regulatory credits—a source of revenue seen as less sustainable than sales of vehicles—-fell, but operating profits rose to record highs because of strong profitability in the automotive division.\nTesla generates the credits by making more than its fair share of zero- emission cars and sells them to manufacturers that still rely on internal-combustion engines. Pessimists on the stock believe that source of income will dwindle over time.\nThe stock, however, was down 1.5% in early trading Tuesday. The S&P 500 and Dow Jones Industrial Average,for comparison, had fallen 0.6% and 0.4%, respectively.\nIt is a muted reaction to a good quarter, typical of the way stocks of mature businesses behave. Tesla stock moved more than 10% in response to three of the four 2019 quarterly reports. But it rose or fell an average of about 2.5% in response to the 2020 earnings reports.\nThe typical 2020 move was a fall in the price in response to news of better-than-expected results. The same thing happened after the release of results for the first quarter of 2021.\nThat is another sign of maturity. A small drop in response to better-than-expected results is the typical outcome for stocks. Investors always expect companies to exceed analyst projections, and when they get that result, they “sell the news.”\nThe reaction among Wall Street analysts to the latest results is yet another sign of maturity. Mizuho analyst Vijay Rakesh raised his target for Tesla’s stock price by $5 to $825 following the news, for a bump of less than 1%.\nBack in January, RBC analyst Joe Spak raised his target price to $700 a share from $339 after changing how he thought about Tesla’s business. That was a huge target-price change from a large broker.\nSmaller changes in price targets can indicate a business is becoming more stable, and that analysts believe they have a grip on what is happening. That reduces the need for them to dramatically overhaul their views in response to events.\nOverall, the average analyst target price is up about $18, or 3%, in reaction to Monday’s results to about $644 a share. Tesla shares are trading about 1% or 2% above the average analyst target price.\nTarget prices generally reflect where analysts think a stock should trade to earn a fair return out into the future. The average target price on stocks in the S&P 500 implies a gain of 7%.\nEven the fact that Tesla is trading around its average analyst target price is a sign of maturity. A year ago, the average target price for Tesla stock was about $225, while the price was above $300.\nShareholders and bulls on the stock might like a bigger response from the stock when earnings come in strong, but the days of 20% moves, up or down, might be gone for Tesla. That is more evidence that Tesla is here to stay as the world’s most valuable car company.","news_type":1,"symbols_score_info":{"TSLA":0.9}},"isVote":1,"tweetType":1,"viewCount":1156,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":839159013,"gmtCreate":1629128423532,"gmtModify":1633687170333,"author":{"id":"3580942055840541","authorId":"3580942055840541","name":"Jimchanfc","avatar":"https://static.tigerbbs.com/d38914f80f89dfb4ac6b61f5166d33f3","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3580942055840541","authorIdStr":"3580942055840541"},"themes":[],"title":"","htmlText":"Like pls ","listText":"Like pls ","text":"Like pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":9,"commentSize":4,"repostSize":0,"link":"https://laohu8.com/post/839159013","repostId":"1135212237","repostType":4,"repost":{"id":"1135212237","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":1629125001,"share":"https://www.laohunote.com/m/news/1135212237?lang=zh_CN&edition=full","pubTime":"2021-08-16 22:43","market":"us","language":"en","title":"Big tech stocks fell in morning trading, Apple fell over 1% after reaching record high<blockquote>大型科技股早盘下跌,苹果创历史新高后跌超1%</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1135212237","media":"Tiger Newspress","summary":"(Aug 16) Big tech stocks fell in morning trading. Apple fell over 1% after reaching record high at $","content":"<p>(Aug 16) Big tech stocks fell in morning trading. Apple fell over 1% after reaching record high at $150.59.</p><p><blockquote>(8月16日)大型科技股早盘下跌。苹果在触及150.59美元的历史新高后下跌超过1%。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/f7c0f1effcd77008de0ea3edac4e6766\" tg-width=\"309\" tg-height=\"323\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Big tech stocks fell in morning trading, Apple fell over 1% after reaching record high<blockquote>大型科技股早盘下跌,苹果创历史新高后跌超1%</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\">\nBig tech stocks fell in morning trading, Apple fell over 1% after reaching record high<blockquote>大型科技股早盘下跌,苹果创历史新高后跌超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\">2021-08-16 22:43</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>(Aug 16) Big tech stocks fell in morning trading. Apple fell over 1% after reaching record high at $150.59.</p><p><blockquote>(8月16日)大型科技股早盘下跌。苹果在触及150.59美元的历史新高后下跌超过1%。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/f7c0f1effcd77008de0ea3edac4e6766\" tg-width=\"309\" tg-height=\"323\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1135212237","content_text":"(Aug 16) Big tech stocks fell in morning trading. Apple fell over 1% after reaching record high at $150.59.","news_type":1,"symbols_score_info":{"AAPL":0.9}},"isVote":1,"tweetType":1,"viewCount":1116,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":805032276,"gmtCreate":1627821014695,"gmtModify":1633756138711,"author":{"id":"3580942055840541","authorId":"3580942055840541","name":"Jimchanfc","avatar":"https://static.tigerbbs.com/d38914f80f89dfb4ac6b61f5166d33f3","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3580942055840541","authorIdStr":"3580942055840541"},"themes":[],"title":"","htmlText":"Comment and like pls ","listText":"Comment and like pls ","text":"Comment and like pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":11,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/805032276","repostId":"2155001152","repostType":4,"isVote":1,"tweetType":1,"viewCount":593,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":802115010,"gmtCreate":1627732416530,"gmtModify":1633756750493,"author":{"id":"3580942055840541","authorId":"3580942055840541","name":"Jimchanfc","avatar":"https://static.tigerbbs.com/d38914f80f89dfb4ac6b61f5166d33f3","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3580942055840541","authorIdStr":"3580942055840541"},"themes":[],"title":"","htmlText":"<a href=\"https://laohu8.com/S/TIGR\">$Tiger Brokers(TIGR)$</a>HODLLLLL","listText":"<a href=\"https://laohu8.com/S/TIGR\">$Tiger Brokers(TIGR)$</a>HODLLLLL","text":"$Tiger Brokers(TIGR)$HODLLLLL","images":[{"img":"https://static.tigerbbs.com/7825b62203c0c05fa58f694e91021510","width":"828","height":"1434"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":4,"repostSize":0,"link":"https://laohu8.com/post/802115010","isVote":1,"tweetType":1,"viewCount":796,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":838116198,"gmtCreate":1629380660414,"gmtModify":1633685286132,"author":{"id":"3580942055840541","authorId":"3580942055840541","name":"Jimchanfc","avatar":"https://static.tigerbbs.com/d38914f80f89dfb4ac6b61f5166d33f3","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3580942055840541","authorIdStr":"3580942055840541"},"themes":[],"title":"","htmlText":"<a href=\"https://laohu8.com/S/TIGR\">$Tiger Brokers(TIGR)$</a>What a disaster ","listText":"<a href=\"https://laohu8.com/S/TIGR\">$Tiger Brokers(TIGR)$</a>What a disaster ","text":"$Tiger Brokers(TIGR)$What a disaster","images":[{"img":"https://static.tigerbbs.com/2aa94c71a2bdb45ac3fb23beae9789b2","width":"828","height":"1434"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":10,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/838116198","isVote":1,"tweetType":1,"viewCount":1361,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":805398799,"gmtCreate":1627859519911,"gmtModify":1633755975446,"author":{"id":"3580942055840541","authorId":"3580942055840541","name":"Jimchanfc","avatar":"https://static.tigerbbs.com/d38914f80f89dfb4ac6b61f5166d33f3","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3580942055840541","authorIdStr":"3580942055840541"},"themes":[],"title":"","htmlText":"Comment and like pls ","listText":"Comment and like pls ","text":"Comment and like pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/805398799","repostId":"1170689665","repostType":4,"repost":{"id":"1170689665","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":1627857540,"share":"https://www.laohunote.com/m/news/1170689665?lang=zh_CN&edition=full","pubTime":"2021-08-02 06:39","market":"us","language":"en","title":"Alibaba,Uber, DraftKings, GM, Roku, EA, ViacomCBS, and Other Stocks for Investors to Watch This Week<blockquote>阿里巴巴、Uber、DraftKings、通用汽车、Roku、EA、维亚康姆哥伦比亚广播公司和其他投资者本周值得关注的股票</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1170689665","media":"Tiger Newspress","summary":"The parade of second-quarter results continues this week. No fewer than 143 S&P 500 companies are on deck to report, in addition to hundreds of small caps. Ferrari, Vornado Realty Trust, Take-Two Interactive Software, and Simon Property Group will get the ball rolling on Monday. Then Lyft, Alibaba Group Holding, Nikola, Under Armour, Eli Lilly, and ConocoPhillips release their results on Tuesday.Wednesday will be particularly busy:General Motors,Uber Technologies,Etsy,Electronic Arts,Western Dig","content":"<p>The parade of second-quarter results continues this week. No fewer than 143 S&P 500 companies are on deck to report, in addition to hundreds of small caps. Ferrari, Vornado Realty Trust, Take-Two Interactive Software, and Simon Property Group will get the ball rolling on Monday. Then Lyft, Alibaba Group Holding, Nikola, Under Armour, Eli Lilly, and ConocoPhillips release their results on Tuesday.</p><p><blockquote>第二季度业绩游行本周继续。除了数百家小盘股公司外,还有不少于 143 家标普500公司正在提交报告。法拉利、Vornado Realty Trust、Take-Two Interactive Software 和 Simon Property Group 将于周一启动。随后,Lyft、阿里巴巴-SW集团控股公司、尼古拉、安德玛、礼来公司和康菲石油公司将于周二发布业绩。</blockquote></p><p> Wednesday will be particularly busy:General Motors,Uber Technologies,Etsy,Electronic Arts,Western Digital,Roku,CVS Health,Kraft Heinz, and SoftBank all report.Beyond Meat,Yelp,Wayfair, Moderna, and ViacomCBS go on Thursday and DraftKings,Canopy Growth,and Tripadvisor will close the week on Friday.Chinese Education Corporation New Oriental Education & Technology Group Inc. and TAL Education Group cancels scheduled earnings release and earnings call.</p><p><blockquote>周三将特别繁忙:通用汽车、优步科技、Etsy、艺电、西部数据、Roku、CVS Health、卡夫亨氏和软银均有报道。Beyond Meat、Yelp、Wayfair、Moderna 和 ViacomCBS 将于周四关闭,DraftKings、Canopy Growth 和 Tripadvisor 将于周五关闭本周。中国教育公司新东方教育科技集团公司和好未来教育集团取消了原定的财报发布和财报看涨期权。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/94057bf11ca8d7311db6c075ba98727b\" tg-width=\"1706\" tg-height=\"740\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p> The highlight on the economic calendar this week will be Jobs Friday. The Bureau of Labor Statistics is expected to show a gain of 625,000 nonfarm payrolls in July, following June’s 850,000. The unemployment rate is seen holding just below 6%.</p><p><blockquote>本周经济日历上的亮点将是周五的就业。美国劳工统计局(Bureau of Labor Statistics)预计,继 6 月份的 85 万人之后,7 月份非农就业人数将增加 62.5 万人。失业率略低于6%。</blockquote></p><p> Other data out this week include the Institute for Supply Management’s Manufacturing Purchasing Managers’ Index for July on Monday, followed by the Services equivalent on Wednesday. Both measures of economic activity are forecast to come in at around 61, which would signify strong expansion.</p><p><blockquote>本周公布的其他数据包括周一公布的美国供应管理协会(Institute for Supply Management)7 月份制造业采购经理人指数,随后是周三公布的服务业同等指数。这两项经济活动指标预计都将达到 61 左右,这将意味着强劲的扩张。</blockquote></p><p> <b>Monday 8/2</b></p><p><blockquote><b>星期一 8/2</b></blockquote></p><p> CNA Financial,Global Payments,JELD-WEN Holding,Loews,Arista Networks,Leggett & Platt,Vornado Realty Trust, ZoomInfo Technologies, Woodward, Take-Two Interactive Software, Heineken, Trex, Ferrari,Ultra Clean Holdings,and Simon Property Group are expected to release financial results.</p><p><blockquote>CNA Financial、Global Payments、JELD-WEN Holding、Loews、Arista Networks、Leggett & Platt、Vornado Realty Trust、ZoomInfo Technologies、Woodward、Take-Two Interactive Software、Heineken、Trex、Ferrari、Ultra Clean Holdings 和 Simon Property Group 预计将发布财务业绩。</blockquote></p><p> GE stock will open for trading Monday at about $104 a share, after closing Friday at $12.95. The company completed its 1-for-8 reverse stock split Friday evening.</p><p><blockquote>通用电气股票周一开盘价约为每股 104 美元,周五收盘价为 12.95 美元。该公司于周五晚上完成了 1 比 8 的反向股票分割。</blockquote></p><p> <b>The Institute for Supply</b> Management releases its Manufacturing Purchasing Managers’ Index for July. Consensus estimate is for a 60.8 reading, up from 60.6 in June.</p><p><blockquote><b>供应研究所</b>管理层发布 7 月份制造业采购经理人指数。普遍估计读数为 60.8,高于 6 月份的 60.6。</blockquote></p><p> <b>The Census Bureau</b> reports construction spending for June. Expectations are for a 0.4% month-over-month rise, after a 0.3% decline in May.</p><p><blockquote><b>人口普查局</b>报告6月份的建筑支出。继 5 月份下降 0.3% 后,预计环比增长 0.4%。</blockquote></p><p> <b>Tuesday 8/3</b></p><p><blockquote><b>星期二 8/3</b></blockquote></p><p> Eaton, BP, Under Armour, Lyft,Clorox,Amgen,Akamai Technologies,Cummins, Eli Lilly, Alibaba Group Holding, Nikola, EnPro Industries,Warner Music Group,Pitney Bowes,Tennant,Phillips 66,KKR,Gartner,Henry Schein,Dun & Bradstreet Holdings,ConocoPhillips, and Jacobs Engineering Grouphost conference calls to discuss financial results.</p><p><blockquote>伊顿、英国石油公司、安德玛、Lyft、高乐氏、安进、Akamai Technologies、康明斯、礼来公司、阿里巴巴-SW集团控股公司、Nikola、EnPro Industries、华纳音乐集团、Pitney Bowes、Tennant、Phillips 66、KKR、Gartner、Henry Schein、邓白氏控股公司、康菲石油公司和 Jacobs Engineering Group 在评级举办会议讨论财务业绩。</blockquote></p><p> <b>The Census Bureau</b> is slated to report factory orders for June. Economists predict that orders increased 1.0% during the month, compared with a 1.7% rise in May.</p><p><blockquote><b>人口普查局</b>预计将报告六月份的工厂订单。经济学家预测,本月订单增长1.0%,而5月份增长1.7%。</blockquote></p><p> <b>Wednesday 8/4</b></p><p><blockquote><b>星期三 8/4</b></blockquote></p><p> Sony Group,CVS Health, Kraft Heinz, SoftBank, General Motors, Progressive, Etsy, Electronic Arts, Western Digital, Uber Technologies, Roku,MGM Resorts International,Fox, and Re/Max Holdings are expected to host earnings calls.</p><p><blockquote>索尼集团、CVS Health、卡夫亨氏、软银、通用汽车、Progressive、Etsy、艺电、西部数据、Uber Technologies、Roku、米高梅国际酒店集团、福克斯和 Re/Max Holdings 预计将主办财报评级。</blockquote></p><p> <b>The Bureau of Economic</b> Analysis reports light-vehicle sales for July. Expectations call for a seasonally adjusted annual rate of 15.3 million vehicles, versus 15.4 million in June.</p><p><blockquote><b>经济局</b>分析报告 7 月份轻型汽车销量。预计看涨期权经季节性调整后的年增长率为 1530 万辆,而 6 月份为 1540 万辆。</blockquote></p><p> <b>The ISM releases</b> its Services PMI for July. Consensus estimate is for a 60.8 reading, compared with June’s 60.1.</p><p><blockquote><b>ISM发布</b>7月份服务业采购经理人指数。一致估计读数为 60.8,而 6 月份的读数为 60.1。</blockquote></p><p> <b>ADP releases</b> its National Employment report for July. Consensus estimate is for a 635,000 gain in nonfarm private-sector employment, following an increase of 692,000 in June.</p><p><blockquote><b>ADP释放</b>其7月份的全国就业报告。普遍估计,继 6 月份增加 692,000 人之后,非农私营部门就业人数将增加 635,000 人。</blockquote></p><p> <b>Thursday 8/5</b></p><p><blockquote><b>星期四 8/5</b></blockquote></p><p> Zillow Group,Beyond Meat, Yelp, Wayfair, Kellogg,Bayer,HanesBrands, Moderna,Regeneron Pharmaceuticals,Switch,Cushman & Wakefield,ViacomCBS,Cigna,Duke Energy,Square,News Corp,and Siemensare expected to report financial results.</p><p><blockquote>Zillow Group、Beyond Meat、Yelp、Wayfair、Kellogg、Bayer、HanesBrands、Moderna、Regeneron Pharmaceuticals、Switch、Cushman & Wakefield、ViacomCBS、Cigna、Duke Energy、Square、新闻集团和西门子预计将公布财务业绩。</blockquote></p><p> Friday 8/6</p><p><blockquote>星期五 8/6</blockquote></p><p> <b>The BLS releases the jobs report</b> for July. Economists forecast a 800,000 rise in nonfarm payrolls, after an 850,000 gain in June. The unemployment rate is expected to edge down to 5.8% from 5.9%.</p><p><blockquote><b>BLS 发布就业报告</b>七月。经济学家预测,继6月份增加85万人之后,非农就业人数将增加80万人。失业率预计将从5.9%小幅降至5.8%。</blockquote></p><p> DraftKings,Dominion Energy,Gannett,MGM Growth Properties,AMC Networks,Canopy Growth, Tripadvisor,Spectrum Brands Holdings,E.W. Scripps,Cinemark Holdings, and Manitowoc host conference calls to discuss financial results.</p><p><blockquote>DraftKings、Dominion Energy、Gannett、MGM Growth Properties、AMC Networks、Canopy Growth、Tripadvisor、Spectrum Brands Holdings、E.W。Scripps、Cinemark Holdings 和 Manitowoc 主办评级会议讨论财务业绩。</blockquote></p><p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Alibaba,Uber, DraftKings, GM, Roku, EA, ViacomCBS, and Other Stocks for Investors to Watch This Week<blockquote>阿里巴巴、Uber、DraftKings、通用汽车、Roku、EA、维亚康姆哥伦比亚广播公司和其他投资者本周值得关注的股票</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAlibaba,Uber, DraftKings, GM, Roku, EA, ViacomCBS, and Other Stocks for Investors to Watch This Week<blockquote>阿里巴巴、Uber、DraftKings、通用汽车、Roku、EA、维亚康姆哥伦比亚广播公司和其他投资者本周值得关注的股票</blockquote>\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time smaller\">2021-08-02 06:39</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>The parade of second-quarter results continues this week. No fewer than 143 S&P 500 companies are on deck to report, in addition to hundreds of small caps. Ferrari, Vornado Realty Trust, Take-Two Interactive Software, and Simon Property Group will get the ball rolling on Monday. Then Lyft, Alibaba Group Holding, Nikola, Under Armour, Eli Lilly, and ConocoPhillips release their results on Tuesday.</p><p><blockquote>第二季度业绩游行本周继续。除了数百家小盘股公司外,还有不少于 143 家标普500公司正在提交报告。法拉利、Vornado Realty Trust、Take-Two Interactive Software 和 Simon Property Group 将于周一启动。随后,Lyft、阿里巴巴-SW集团控股公司、尼古拉、安德玛、礼来公司和康菲石油公司将于周二发布业绩。</blockquote></p><p> Wednesday will be particularly busy:General Motors,Uber Technologies,Etsy,Electronic Arts,Western Digital,Roku,CVS Health,Kraft Heinz, and SoftBank all report.Beyond Meat,Yelp,Wayfair, Moderna, and ViacomCBS go on Thursday and DraftKings,Canopy Growth,and Tripadvisor will close the week on Friday.Chinese Education Corporation New Oriental Education & Technology Group Inc. and TAL Education Group cancels scheduled earnings release and earnings call.</p><p><blockquote>周三将特别繁忙:通用汽车、优步科技、Etsy、艺电、西部数据、Roku、CVS Health、卡夫亨氏和软银均有报道。Beyond Meat、Yelp、Wayfair、Moderna 和 ViacomCBS 将于周四关闭,DraftKings、Canopy Growth 和 Tripadvisor 将于周五关闭本周。中国教育公司新东方教育科技集团公司和好未来教育集团取消了原定的财报发布和财报看涨期权。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/94057bf11ca8d7311db6c075ba98727b\" tg-width=\"1706\" tg-height=\"740\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p> The highlight on the economic calendar this week will be Jobs Friday. The Bureau of Labor Statistics is expected to show a gain of 625,000 nonfarm payrolls in July, following June’s 850,000. The unemployment rate is seen holding just below 6%.</p><p><blockquote>本周经济日历上的亮点将是周五的就业。美国劳工统计局(Bureau of Labor Statistics)预计,继 6 月份的 85 万人之后,7 月份非农就业人数将增加 62.5 万人。失业率略低于6%。</blockquote></p><p> Other data out this week include the Institute for Supply Management’s Manufacturing Purchasing Managers’ Index for July on Monday, followed by the Services equivalent on Wednesday. Both measures of economic activity are forecast to come in at around 61, which would signify strong expansion.</p><p><blockquote>本周公布的其他数据包括周一公布的美国供应管理协会(Institute for Supply Management)7 月份制造业采购经理人指数,随后是周三公布的服务业同等指数。这两项经济活动指标预计都将达到 61 左右,这将意味着强劲的扩张。</blockquote></p><p> <b>Monday 8/2</b></p><p><blockquote><b>星期一 8/2</b></blockquote></p><p> CNA Financial,Global Payments,JELD-WEN Holding,Loews,Arista Networks,Leggett & Platt,Vornado Realty Trust, ZoomInfo Technologies, Woodward, Take-Two Interactive Software, Heineken, Trex, Ferrari,Ultra Clean Holdings,and Simon Property Group are expected to release financial results.</p><p><blockquote>CNA Financial、Global Payments、JELD-WEN Holding、Loews、Arista Networks、Leggett & Platt、Vornado Realty Trust、ZoomInfo Technologies、Woodward、Take-Two Interactive Software、Heineken、Trex、Ferrari、Ultra Clean Holdings 和 Simon Property Group 预计将发布财务业绩。</blockquote></p><p> GE stock will open for trading Monday at about $104 a share, after closing Friday at $12.95. The company completed its 1-for-8 reverse stock split Friday evening.</p><p><blockquote>通用电气股票周一开盘价约为每股 104 美元,周五收盘价为 12.95 美元。该公司于周五晚上完成了 1 比 8 的反向股票分割。</blockquote></p><p> <b>The Institute for Supply</b> Management releases its Manufacturing Purchasing Managers’ Index for July. Consensus estimate is for a 60.8 reading, up from 60.6 in June.</p><p><blockquote><b>供应研究所</b>管理层发布 7 月份制造业采购经理人指数。普遍估计读数为 60.8,高于 6 月份的 60.6。</blockquote></p><p> <b>The Census Bureau</b> reports construction spending for June. Expectations are for a 0.4% month-over-month rise, after a 0.3% decline in May.</p><p><blockquote><b>人口普查局</b>报告6月份的建筑支出。继 5 月份下降 0.3% 后,预计环比增长 0.4%。</blockquote></p><p> <b>Tuesday 8/3</b></p><p><blockquote><b>星期二 8/3</b></blockquote></p><p> Eaton, BP, Under Armour, Lyft,Clorox,Amgen,Akamai Technologies,Cummins, Eli Lilly, Alibaba Group Holding, Nikola, EnPro Industries,Warner Music Group,Pitney Bowes,Tennant,Phillips 66,KKR,Gartner,Henry Schein,Dun & Bradstreet Holdings,ConocoPhillips, and Jacobs Engineering Grouphost conference calls to discuss financial results.</p><p><blockquote>伊顿、英国石油公司、安德玛、Lyft、高乐氏、安进、Akamai Technologies、康明斯、礼来公司、阿里巴巴-SW集团控股公司、Nikola、EnPro Industries、华纳音乐集团、Pitney Bowes、Tennant、Phillips 66、KKR、Gartner、Henry Schein、邓白氏控股公司、康菲石油公司和 Jacobs Engineering Group 在评级举办会议讨论财务业绩。</blockquote></p><p> <b>The Census Bureau</b> is slated to report factory orders for June. Economists predict that orders increased 1.0% during the month, compared with a 1.7% rise in May.</p><p><blockquote><b>人口普查局</b>预计将报告六月份的工厂订单。经济学家预测,本月订单增长1.0%,而5月份增长1.7%。</blockquote></p><p> <b>Wednesday 8/4</b></p><p><blockquote><b>星期三 8/4</b></blockquote></p><p> Sony Group,CVS Health, Kraft Heinz, SoftBank, General Motors, Progressive, Etsy, Electronic Arts, Western Digital, Uber Technologies, Roku,MGM Resorts International,Fox, and Re/Max Holdings are expected to host earnings calls.</p><p><blockquote>索尼集团、CVS Health、卡夫亨氏、软银、通用汽车、Progressive、Etsy、艺电、西部数据、Uber Technologies、Roku、米高梅国际酒店集团、福克斯和 Re/Max Holdings 预计将主办财报评级。</blockquote></p><p> <b>The Bureau of Economic</b> Analysis reports light-vehicle sales for July. Expectations call for a seasonally adjusted annual rate of 15.3 million vehicles, versus 15.4 million in June.</p><p><blockquote><b>经济局</b>分析报告 7 月份轻型汽车销量。预计看涨期权经季节性调整后的年增长率为 1530 万辆,而 6 月份为 1540 万辆。</blockquote></p><p> <b>The ISM releases</b> its Services PMI for July. Consensus estimate is for a 60.8 reading, compared with June’s 60.1.</p><p><blockquote><b>ISM发布</b>7月份服务业采购经理人指数。一致估计读数为 60.8,而 6 月份的读数为 60.1。</blockquote></p><p> <b>ADP releases</b> its National Employment report for July. Consensus estimate is for a 635,000 gain in nonfarm private-sector employment, following an increase of 692,000 in June.</p><p><blockquote><b>ADP释放</b>其7月份的全国就业报告。普遍估计,继 6 月份增加 692,000 人之后,非农私营部门就业人数将增加 635,000 人。</blockquote></p><p> <b>Thursday 8/5</b></p><p><blockquote><b>星期四 8/5</b></blockquote></p><p> Zillow Group,Beyond Meat, Yelp, Wayfair, Kellogg,Bayer,HanesBrands, Moderna,Regeneron Pharmaceuticals,Switch,Cushman & Wakefield,ViacomCBS,Cigna,Duke Energy,Square,News Corp,and Siemensare expected to report financial results.</p><p><blockquote>Zillow Group、Beyond Meat、Yelp、Wayfair、Kellogg、Bayer、HanesBrands、Moderna、Regeneron Pharmaceuticals、Switch、Cushman & Wakefield、ViacomCBS、Cigna、Duke Energy、Square、新闻集团和西门子预计将公布财务业绩。</blockquote></p><p> Friday 8/6</p><p><blockquote>星期五 8/6</blockquote></p><p> <b>The BLS releases the jobs report</b> for July. Economists forecast a 800,000 rise in nonfarm payrolls, after an 850,000 gain in June. The unemployment rate is expected to edge down to 5.8% from 5.9%.</p><p><blockquote><b>BLS 发布就业报告</b>七月。经济学家预测,继6月份增加85万人之后,非农就业人数将增加80万人。失业率预计将从5.9%小幅降至5.8%。</blockquote></p><p> DraftKings,Dominion Energy,Gannett,MGM Growth Properties,AMC Networks,Canopy Growth, Tripadvisor,Spectrum Brands Holdings,E.W. Scripps,Cinemark Holdings, and Manitowoc host conference calls to discuss financial results.</p><p><blockquote>DraftKings、Dominion Energy、Gannett、MGM Growth Properties、AMC Networks、Canopy Growth、Tripadvisor、Spectrum Brands Holdings、E.W。Scripps、Cinemark Holdings 和 Manitowoc 主办评级会议讨论财务业绩。</blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index","UBER":"优步","BABA":"阿里巴巴","ROKU":"Roku Inc",".DJI":"道琼斯","DKNG":"DraftKings Inc.","GE":"GE航空航天",".IXIC":"NASDAQ Composite","GM":"通用汽车","EA":"艺电"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1170689665","content_text":"The parade of second-quarter results continues this week. No fewer than 143 S&P 500 companies are on deck to report, in addition to hundreds of small caps. Ferrari, Vornado Realty Trust, Take-Two Interactive Software, and Simon Property Group will get the ball rolling on Monday. Then Lyft, Alibaba Group Holding, Nikola, Under Armour, Eli Lilly, and ConocoPhillips release their results on Tuesday.\nWednesday will be particularly busy:General Motors,Uber Technologies,Etsy,Electronic Arts,Western Digital,Roku,CVS Health,Kraft Heinz, and SoftBank all report.Beyond Meat,Yelp,Wayfair, Moderna, and ViacomCBS go on Thursday and DraftKings,Canopy Growth,and Tripadvisor will close the week on Friday.Chinese Education Corporation New Oriental Education & Technology Group Inc. and TAL Education Group cancels scheduled earnings release and earnings call.\n\nThe highlight on the economic calendar this week will be Jobs Friday. The Bureau of Labor Statistics is expected to show a gain of 625,000 nonfarm payrolls in July, following June’s 850,000. The unemployment rate is seen holding just below 6%.\nOther data out this week include the Institute for Supply Management’s Manufacturing Purchasing Managers’ Index for July on Monday, followed by the Services equivalent on Wednesday. Both measures of economic activity are forecast to come in at around 61, which would signify strong expansion.\nMonday 8/2\nCNA Financial,Global Payments,JELD-WEN Holding,Loews,Arista Networks,Leggett & Platt,Vornado Realty Trust, ZoomInfo Technologies, Woodward, Take-Two Interactive Software, Heineken, Trex, Ferrari,Ultra Clean Holdings,and Simon Property Group are expected to release financial results.\nGE stock will open for trading Monday at about $104 a share, after closing Friday at $12.95. The company completed its 1-for-8 reverse stock split Friday evening.\nThe Institute for Supply Management releases its Manufacturing Purchasing Managers’ Index for July. Consensus estimate is for a 60.8 reading, up from 60.6 in June.\nThe Census Bureau reports construction spending for June. Expectations are for a 0.4% month-over-month rise, after a 0.3% decline in May.\nTuesday 8/3\nEaton, BP, Under Armour, Lyft,Clorox,Amgen,Akamai Technologies,Cummins, Eli Lilly, Alibaba Group Holding, Nikola, EnPro Industries,Warner Music Group,Pitney Bowes,Tennant,Phillips 66,KKR,Gartner,Henry Schein,Dun & Bradstreet Holdings,ConocoPhillips, and Jacobs Engineering Grouphost conference calls to discuss financial results.\nThe Census Bureau is slated to report factory orders for June. Economists predict that orders increased 1.0% during the month, compared with a 1.7% rise in May.\nWednesday 8/4\nSony Group,CVS Health, Kraft Heinz, SoftBank, General Motors, Progressive, Etsy, Electronic Arts, Western Digital, Uber Technologies, Roku,MGM Resorts International,Fox, and Re/Max Holdings are expected to host earnings calls.\nThe Bureau of Economic Analysis reports light-vehicle sales for July. Expectations call for a seasonally adjusted annual rate of 15.3 million vehicles, versus 15.4 million in June.\nThe ISM releases its Services PMI for July. Consensus estimate is for a 60.8 reading, compared with June’s 60.1.\nADP releases its National Employment report for July. Consensus estimate is for a 635,000 gain in nonfarm private-sector employment, following an increase of 692,000 in June.\nThursday 8/5\nZillow Group,Beyond Meat, Yelp, Wayfair, Kellogg,Bayer,HanesBrands, Moderna,Regeneron Pharmaceuticals,Switch,Cushman & Wakefield,ViacomCBS,Cigna,Duke Energy,Square,News Corp,and Siemensare expected to report financial results.\nFriday 8/6\nThe BLS releases the jobs report for July. Economists forecast a 800,000 rise in nonfarm payrolls, after an 850,000 gain in June. The unemployment rate is expected to edge down to 5.8% from 5.9%.\nDraftKings,Dominion Energy,Gannett,MGM Growth Properties,AMC Networks,Canopy Growth, Tripadvisor,Spectrum Brands Holdings,E.W. Scripps,Cinemark Holdings, and Manitowoc host conference calls to discuss financial results.","news_type":1,"symbols_score_info":{".IXIC":0.9,"BABA":0.9,"EA":0.9,"GE":0.9,"UBER":0.9,"ROKU":0.9,".DJI":0.9,".SPX":0.9,"GM":0.9,"VIAC":0.9,"DKNG":0.9}},"isVote":1,"tweetType":1,"viewCount":678,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":155219605,"gmtCreate":1625439169607,"gmtModify":1633940800481,"author":{"id":"3580942055840541","authorId":"3580942055840541","name":"Jimchanfc","avatar":"https://static.tigerbbs.com/d38914f80f89dfb4ac6b61f5166d33f3","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3580942055840541","authorIdStr":"3580942055840541"},"themes":[],"title":"","htmlText":"<a href=\"https://laohu8.com/S/DIDI\">$DiDi Global Inc.(DIDI)$</a>It’s only gonna go down more. The most unlucky IPO ever ","listText":"<a href=\"https://laohu8.com/S/DIDI\">$DiDi Global Inc.(DIDI)$</a>It’s only gonna go down more. The most unlucky IPO ever ","text":"$DiDi Global Inc.(DIDI)$It’s only gonna go down more. The most unlucky IPO ever","images":[{"img":"https://static.tigerbbs.com/4e73982ab2838c251cf3abaec16fb24d","width":"828","height":"1434"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":11,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/155219605","isVote":1,"tweetType":1,"viewCount":1974,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":120806389,"gmtCreate":1624317771541,"gmtModify":1634008029193,"author":{"id":"3580942055840541","authorId":"3580942055840541","name":"Jimchanfc","avatar":"https://static.tigerbbs.com/d38914f80f89dfb4ac6b61f5166d33f3","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3580942055840541","authorIdStr":"3580942055840541"},"themes":[],"title":"","htmlText":"This is obviously scaring people ","listText":"This is obviously scaring people ","text":"This is obviously scaring people","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":11,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/120806389","repostId":"1146982088","repostType":4,"repost":{"id":"1146982088","kind":"news","pubTimestamp":1624259620,"share":"https://www.laohunote.com/m/news/1146982088?lang=zh_CN&edition=full","pubTime":"2021-06-21 15:13","market":"us","language":"en","title":"Powell Just Launched $2 Trillion In \"Heat-Seeking Missiles\": Zoltan Explains How The Fed Started The Next Repo Crisis<blockquote>鲍威尔刚刚发射了2万亿美元的“寻热导弹”:佐尔坦解释美联储如何引发下一次回购危机</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1146982088","media":"zerohedge","summary":"Last week, amid thefire and brimstone surroundingthe market's shocked response to the Fed's unexpect","content":"<p>Last week, amid thefire and brimstone surroundingthe market's shocked response to the Fed's unexpected hawkish pivot, we noted that there were two tangible, if less noted changes: the Fed adjusted the two key \"administered\" rates, raising both the IOER and RRP rates by 5 basis points (as correctly predicted by Bank of America, JPMorgan, Wrightson, Deutsche Bank and Wells Fargo while Citi, Oxford Economics, Jefferies, Credit Suisse, Standard Chartered, BMO were wrong in predicting no rate change), in an effort to push the Effective Fed Funds rate higher and away from its imminent rendezvous with 0%.</p><p><blockquote>上周,在市场对美联储意外鹰派转向的震惊反应引发的火焰和硫磺中,我们注意到有两个切实的变化,尽管不太引人注目:美联储调整了两个关键的“管理”利率,将 IOER 和 RRP 利率均上调 5 个基点(美国银行、摩根大通、莱特森、德意志银行和富国银行正确预测,而花旗、牛津经济、杰富瑞、瑞士信贷、渣打银行、蒙特利尔银行预测利率不会变化是错误的),以推动有效联邦基金利率走高,远离即将到来的 0%。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/31e3c93e7ae558cd9f2fdb7e4a2769f1\" tg-width=\"500\" tg-height=\"377\">What does this mean? As Curvature Securities repo guru,Scott Skyrm wrote last week, \"clearly the Fed intends to move overnight rates above zero and drain the RRP facility of cash.\" Unfortunately, the end result would be precisely the opposite of what the Fed had wanted to achieve.</p><p><blockquote>这是什么意思?正如 Curvature Securities 回购大师 Scott Skyrm 上周所写,“显然美联储打算将隔夜利率推至零以上,并耗尽 RRP 工具的现金。”不幸的是,最终结果将与美联储想要实现的目标完全相反。</blockquote></p><p> But what does this really mean for overnight rates and RRP volume? As Skyrm further noted, the increase in the IOER should pull the daily fed funds rate 5 basis points higher and, in turn, put upward pressure on Repo GC. Combined with the 5 basis point increase in RRP, GC should move a solid 5 basis points higher, which it has.</p><p><blockquote>但这对隔夜费率和建议零售价交易量到底意味着什么呢?正如Skyrm进一步指出的那样,IOER的增加应该会使每日联邦基金利率上升5个基点,进而给回购GC带来上行压力。再加上建议零售价上涨 5 个基点,GC 应该会上涨 5 个基点,而且确实如此。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/e8b99df7af1731b4bdcbcf072dcf39ce\" tg-width=\"500\" tg-height=\"272\">The problem, as Skyrm warned, is that the Fed's technical adjustment would do nothing to ease the RRP volume:</p><p><blockquote>正如 Skyrm 警告的那样,问题在于美联储的技术性调整无助于缓解 RRP 数量:</blockquote></p><p> When market Repo rates were at 0% and the RRP rate was at zero, ~$500 billion went into the RRP. Well, if both market Repo rates and the RRP rate are 5 basis points higher, there's no reason to pull cash out of the RRP. For example, if GC rates moved to .05% and the RRP rate stayed at zero, investor preferences to invest at a higher rate would remove cash from the RRP. Bottom line: with both market rates and RRP at .05%, there's really no economic incentive for cash investors to move cash to the Repo market. Or, as we summarized, \"<i>the Fed's rate change may have zero impact on the Fed's reverse repo facility, or the record half a trillion in cash parked there.\"</i></p><p><blockquote>当市场回购利率为0%,建议零售价利率为零时,约5000亿美元进入了建议零售价。好吧,如果市场回购利率和建议零售价利率都高出 5 个基点,就没有理由从建议零售价中提取现金。例如,如果GC利率升至0.05%,而RRP利率保持在零,投资者以更高利率投资的偏好将从RRP中移除现金。底线:由于市场利率和建议零售价均为 0.05%,现金投资者确实没有经济动机将现金转移到回购市场。或者,正如我们总结的那样,“<i>美联储的利率变化可能对美联储的逆回购工具或存放在那里的创纪录的五万亿现金产生零影响。”</i></blockquote></p><p> In retrospect, boy was that an understatement, because just one day later the already record usage of the Fed's Reverse Repo facility spiked by a record 50%, exploding to a staggering $756 billion (it closed Friday at $747 billion) as the GSEs.</p><p><blockquote>回想起来,boy 是一种轻描淡写的说法,因为仅仅一天后,美联储逆回购工具的使用量就创纪录地飙升了 50%,作为政府支持企业,激增至惊人的 7,560 亿美元(周五收盘价为 7,470 亿美元)。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/0fba18d7808300abc3bdf4ffaa3d5fb6\" tg-width=\"500\" tg-height=\"273\">Needless to say, flooding the Fed's RRP facility and sterilizing reserves is hardly what the Fed had intended, and as Credit Suisse's own repo guru (and former NY Fed staffer) Zoltan Pozsar wrote in his post-mortem, \"<b>the re-priced RRP facility will become a problem for the banking system fast:</b><b><u>the banking system is going from being asset constrained (deposits flooding in, but nowhere to lend them but to the Fed), to being liability constrained (deposits slipping away and nowhere to replace them but in the money market</u></b><b>).\"</b></p><p><blockquote>不用说,充斥美联储的RRP设施和清空储备几乎不是美联储的意图,正如瑞士信贷自己的回购大师(前纽约联储工作人员)Zoltan Pozsar在他的尸检中写道,“<b>重新定价的建议零售价贷款将很快成为银行系统的一个问题:</b><b><u>银行体系正在从资产约束(存款大量涌入,但除了美联储,无处可借贷)转变为负债约束(存款流失,除了货币市场,无处可替代</u></b><b>).\"</b></blockquote></p><p> What he means by that is that whereas previously the RRP rate of 0.00% did not<i>reward</i>allocation of inert, excess reserves but merely provided a place to park them, now that the Fed is providing a generous yield pick up compared to rates offered by trillions in Bills, we are about to see a sea-change in the overnight, money-market, as trillions in capital reallocate away from traditional investments and into the the Fed's RRP.</p><p><blockquote>他的意思是,之前 0.00% 的建议零售价率并没有<i>奖励</i>分配惰性、超额准备金,但只是提供了一个存放它们的地方,现在美联储正在提供与数万亿美元票据提供的利率相比的慷慨收益率,我们即将看到一夜之间货币市场的巨大变化,数万亿美元的资本从传统投资重新分配到美联储的建议零售价中。</blockquote></p><p> In other words, as Pozsar puts it, \"the RRP facility started to sterilize reserves... with more to come.\" And just as Deutsche Bank explained why the Fed's signaling was an r* policy error, to Pozsar, the Fed<i><b>also</b></i>made a policy error - only this time with its technical rates - by steriling reserves because \"it’s one thing to raise the rate on the RRP facility when an increase was not strictly speaking necessary, and it’s another to raise it “unduly” high – as one money fund manager put it, “<b>yesterday we could not even get a basis points a year; to get endless paper at five basis points from the most trusted counterparty is a dream come true.\"</b></p><p><blockquote>换句话说,正如波萨尔所说,“RRP 设施开始对储备进行消毒……未来还会有更多储备。”正如德意志银行解释为什么美联储的信号是一个r*政策错误一样,对波萨尔来说,美联储<i><b>也</b></i>该公司犯了一个政策错误--只是这次是在技术利率方面--取消了准备金,因为 “在严格来说没有必要提高 RRP 设施的利率时提高利率是一回事,而将利率提高 ‘过度 ’又是另一回事--正如一位货币基金经理所说,”<b>昨天我们一年连一个基点都拿不到;从最值得信赖的交易对手那里以五个基点获得无尽的纸张是梦想成真。”</b></blockquote></p><p> He's right: while 0bps may have been viewed by many as too low, it was hardly catastrophic for now (Credit Suisse was one of those predicting no administered rate hike),<b>5bps is too generous</b>, according to Pozsar who warns that the new reverse repo rate<b>will upset the state of \"singularity\"</b>and \"like heat-seeking missiles, money market investors move hundreds of billions, making sharp, 90º turns hunting for even a basis point of yield at the zero bound –<b>at 5 bps, money funds have an incentive to trade out of all their Treasury bills and park cash at the RRP facility.\"</b></p><p><blockquote>他是对的:虽然许多人可能认为 0 个基点太低,但目前还不是灾难性的(瑞士信贷是预测不会有管理加息的机构之一),<b>5bps太慷慨了</b>波萨尔警告说,新的逆回购利率<b>会扰乱“奇点”的状态</b>“就像寻求热量的导弹一样,货币市场投资者移动数千亿美元,进行急剧的 90 度转弯,寻找零区间哪怕一个基点的收益率——<b>在 5 个基点的情况下,货币基金有动力交易所有国库券并将现金存放在 RRP 设施中。”</b></blockquote></p><p></p><p> Indeed, as shown below, bills yield less than 5 bps out to 6 months,<b>and money funds have over $2 trillion of bills.</b>They got an the incentive to sell, while others have the incentive to buy: institutions whose deposits have been “tolerated” by banks until now earning zero interest have an incentive to harvest the 0-5 bps range the bill curve has to offer. Putting your cash at a basis point in bills is better than deposits at zero.<b>So the sterilization of reserves begins, and so the o/n RRP facility turns from a largely passive tool that provided an interest rate floor to the deposits that large banks have been pushing away, into an active tool that \"sucks\" the deposits away that banks decided to retain.</b></p><p><blockquote>事实上,如下所示,6 个月内票据收益率低于 5 个基点,<b>货币基金有超过2万亿美元的钞票。</b>他们有卖出的动机,而其他人则有买入的动机: 那些存款一直被银行 “容忍 ”的机构,到目前为止赚取零利息,他们有动机收获票据曲线提供的 0-5 个基点范围。将现金放在账单的基点比存款为零要好。<b>因此,准备金的冲销开始了,因此o/n RRP工具从一个基本上被动的工具转变为一个主动的工具,该工具为大型银行一直在推走的存款提供利率下限,该工具“吸走”银行决定保留的存款。</b></blockquote></p><p> <img src=\"https://static.tigerbbs.com/bf593f7b1d2d665f39384ed6a998d3bf\" tg-width=\"500\" tg-height=\"403\">To help readers visualize what is going on, the Credit Suisse strategist suggest the following \"extreme\" thought experiment: most of the “Covid-19” deposits currently with banks go into the bill market where rates are better. Money funds sell bills to institutional investors that currently keep their cash at banks, and money funds swap bills for o/n RRPs. Said (somewhat) simply, while previously the Fed provided banks with a convenient place to park reserves, it now will actively drain reserves to the point where we may end up with another 2019-style repo crisis, as most financial institutions suddenly find themsleves with<i><b>too few</b></i>intraday reserves, forcing them to use the Fed's other funding facilities (such as FX swap lines) to remain consistently solvent.</p><p><blockquote>为了帮助读者了解正在发生的事情,瑞士信贷的策略师建议进行以下 “极端 ”思维实验: 目前银行的大部分 “Covid-19 ”存款都进入了利率较高的票据市场。货币基金向目前将现金存入银行的机构投资者出售票据,货币基金将票据交换为o/n RRP。简单地说,虽然之前美联储为银行提供了一个方便的地方来存放准备金,但现在它将积极抽干准备金,以至于我们可能会陷入另一场 2019 年式的回购危机,因为大多数金融机构突然发现自己陷入了困境<i><b>太少</b></i>日内储备,迫使他们使用美联储的其他融资工具(如外汇掉期额度)来保持持续的偿付能力。</blockquote></p><p> This process is not overnight. It will take a few weeks to observe the fallout from the Fed's reserve sterilization.</p><p><blockquote>这个过程不是一蹴而就的。需要几周时间才能观察美联储冲销的后果。</blockquote></p><p> And here is why the problem is similar to the repo crisis of 2019: soon we will find that while cash-rich banks can handle the outflows,<b>some bond-heavy banks cannot.</b>As a result, Zoltan predicts that next \"we will notice that some banks (those who can<i><b>not</b></i>handle outflows) are borrowing advances from FHLBs, and cash-rich banks stop lending in the FX swap market as the RRP facility pulled reserves away from them and the Fed has to re-start the FX swap lines to offset.\"</p><p><blockquote>这就是为什么这个问题与 2019 年的回购危机相似:很快我们就会发现,虽然现金充裕的银行可以处理资金流出,<b>一些债券重的银行不能。</b>因此,佐尔坦预测,接下来“我们将注意到一些银行(那些能够<i><b>不</b></i>处理资金外流)正在从 FHLB 借入预付款,而现金充裕的银行停止在外汇掉期市场上放贷,因为建议零售价机制将准备金从它们手中抽走,美联储不得不重新启动外汇掉期额度来抵消。”</blockquote></p><p> Bottom line:<i><b>whereas previously we saw Libor-OIS collapse, this key funding spread will have to widen from here, unless the Fed lowers the o/n RRP rate again back to where it was before.</b></i></p><p><blockquote>底线:<i><b>尽管之前我们看到Libor-OIS崩溃,但这一关键的资金利差将不得不从这里扩大,除非美联储再次将o/n RRP利率降至之前的水平。</b></i></blockquote></p><p> Or, as Zoltan summarizes, \"It’s either quantities or prices\" - indeed,<b>in 2019 the Fed chose prices over quantities, which backfired, and led to the repo crisis which ended the Fed's hiking cycle and started \"NOT QE.\"</b>While the Fed redeemed itself in February, when it expanded the usage of the RRP without making it liability-constrained as it chose quantities over prices - which worked well - last Wednesday,<b>the Fed turned “unlimited” quantities into “money for free” and started to sterilize reserves.</b></p><p><blockquote>或者,正如佐尔坦总结的那样,“要么是数量,要么是价格”--事实上,<b>2019年,美联储选择了价格而不是数量,这适得其反,并导致了回购危机,结束了美联储的加息周期,并开始了“非量化宽松”。</b>虽然美联储在2月份挽回了自己,当时它扩大了建议零售价的使用,但没有使其受到负债约束,因为它选择了数量而不是价格——这很有效——上周三,<b>美联储将 “无限 ”数量变成了 “免费资金”,并开始对储备进行冲销。</b></blockquote></p><p> Bottom line: \"we are witnessing the dealer of last resort (DoLR) learning the art of dealing, making unforced errors – if the Fed sterilizes with an overpriced o/n RRP facility, it has to be ready to add liquidity via the swap lines…\"</p><p><blockquote>底线:“我们正在目睹最后手段交易商 (DoLR) 学习交易艺术,犯下非受迫性错误——如果美联储用定价过高的 o/n RRP 工具进行冲销,它必须准备好通过掉期额度增加流动性……”</blockquote></p><p> Translation: <b>by paying trillions in reserves 5bps, the Fed just planted the seeds of the next liquidity crisis.</b></p><p><blockquote>翻译:<b>通过5个基点支付数万亿美元的准备金,美联储只是埋下了下一次流动性危机的种子。</b></blockquote></p><p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; 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}\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\">\nPowell Just Launched $2 Trillion In \"Heat-Seeking Missiles\": Zoltan Explains How The Fed Started The Next Repo Crisis<blockquote>鲍威尔刚刚发射了2万亿美元的“寻热导弹”:佐尔坦解释美联储如何引发下一次回购危机</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">zerohedge</strong><span class=\"h-time small\">2021-06-21 15:13</span>\n</p>\n</h4>\n</header>\n<article>\n<p>Last week, amid thefire and brimstone surroundingthe market's shocked response to the Fed's unexpected hawkish pivot, we noted that there were two tangible, if less noted changes: the Fed adjusted the two key \"administered\" rates, raising both the IOER and RRP rates by 5 basis points (as correctly predicted by Bank of America, JPMorgan, Wrightson, Deutsche Bank and Wells Fargo while Citi, Oxford Economics, Jefferies, Credit Suisse, Standard Chartered, BMO were wrong in predicting no rate change), in an effort to push the Effective Fed Funds rate higher and away from its imminent rendezvous with 0%.</p><p><blockquote>上周,在市场对美联储意外鹰派转向的震惊反应引发的火焰和硫磺中,我们注意到有两个切实的变化,尽管不太引人注目:美联储调整了两个关键的“管理”利率,将 IOER 和 RRP 利率均上调 5 个基点(美国银行、摩根大通、莱特森、德意志银行和富国银行正确预测,而花旗、牛津经济、杰富瑞、瑞士信贷、渣打银行、蒙特利尔银行预测利率不会变化是错误的),以推动有效联邦基金利率走高,远离即将到来的 0%。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/31e3c93e7ae558cd9f2fdb7e4a2769f1\" tg-width=\"500\" tg-height=\"377\">What does this mean? As Curvature Securities repo guru,Scott Skyrm wrote last week, \"clearly the Fed intends to move overnight rates above zero and drain the RRP facility of cash.\" Unfortunately, the end result would be precisely the opposite of what the Fed had wanted to achieve.</p><p><blockquote>这是什么意思?正如 Curvature Securities 回购大师 Scott Skyrm 上周所写,“显然美联储打算将隔夜利率推至零以上,并耗尽 RRP 工具的现金。”不幸的是,最终结果将与美联储想要实现的目标完全相反。</blockquote></p><p> But what does this really mean for overnight rates and RRP volume? As Skyrm further noted, the increase in the IOER should pull the daily fed funds rate 5 basis points higher and, in turn, put upward pressure on Repo GC. Combined with the 5 basis point increase in RRP, GC should move a solid 5 basis points higher, which it has.</p><p><blockquote>但这对隔夜费率和建议零售价交易量到底意味着什么呢?正如Skyrm进一步指出的那样,IOER的增加应该会使每日联邦基金利率上升5个基点,进而给回购GC带来上行压力。再加上建议零售价上涨 5 个基点,GC 应该会上涨 5 个基点,而且确实如此。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/e8b99df7af1731b4bdcbcf072dcf39ce\" tg-width=\"500\" tg-height=\"272\">The problem, as Skyrm warned, is that the Fed's technical adjustment would do nothing to ease the RRP volume:</p><p><blockquote>正如 Skyrm 警告的那样,问题在于美联储的技术性调整无助于缓解 RRP 数量:</blockquote></p><p> When market Repo rates were at 0% and the RRP rate was at zero, ~$500 billion went into the RRP. Well, if both market Repo rates and the RRP rate are 5 basis points higher, there's no reason to pull cash out of the RRP. For example, if GC rates moved to .05% and the RRP rate stayed at zero, investor preferences to invest at a higher rate would remove cash from the RRP. Bottom line: with both market rates and RRP at .05%, there's really no economic incentive for cash investors to move cash to the Repo market. Or, as we summarized, \"<i>the Fed's rate change may have zero impact on the Fed's reverse repo facility, or the record half a trillion in cash parked there.\"</i></p><p><blockquote>当市场回购利率为0%,建议零售价利率为零时,约5000亿美元进入了建议零售价。好吧,如果市场回购利率和建议零售价利率都高出 5 个基点,就没有理由从建议零售价中提取现金。例如,如果GC利率升至0.05%,而RRP利率保持在零,投资者以更高利率投资的偏好将从RRP中移除现金。底线:由于市场利率和建议零售价均为 0.05%,现金投资者确实没有经济动机将现金转移到回购市场。或者,正如我们总结的那样,“<i>美联储的利率变化可能对美联储的逆回购工具或存放在那里的创纪录的五万亿现金产生零影响。”</i></blockquote></p><p> In retrospect, boy was that an understatement, because just one day later the already record usage of the Fed's Reverse Repo facility spiked by a record 50%, exploding to a staggering $756 billion (it closed Friday at $747 billion) as the GSEs.</p><p><blockquote>回想起来,boy 是一种轻描淡写的说法,因为仅仅一天后,美联储逆回购工具的使用量就创纪录地飙升了 50%,作为政府支持企业,激增至惊人的 7,560 亿美元(周五收盘价为 7,470 亿美元)。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/0fba18d7808300abc3bdf4ffaa3d5fb6\" tg-width=\"500\" tg-height=\"273\">Needless to say, flooding the Fed's RRP facility and sterilizing reserves is hardly what the Fed had intended, and as Credit Suisse's own repo guru (and former NY Fed staffer) Zoltan Pozsar wrote in his post-mortem, \"<b>the re-priced RRP facility will become a problem for the banking system fast:</b><b><u>the banking system is going from being asset constrained (deposits flooding in, but nowhere to lend them but to the Fed), to being liability constrained (deposits slipping away and nowhere to replace them but in the money market</u></b><b>).\"</b></p><p><blockquote>不用说,充斥美联储的RRP设施和清空储备几乎不是美联储的意图,正如瑞士信贷自己的回购大师(前纽约联储工作人员)Zoltan Pozsar在他的尸检中写道,“<b>重新定价的建议零售价贷款将很快成为银行系统的一个问题:</b><b><u>银行体系正在从资产约束(存款大量涌入,但除了美联储,无处可借贷)转变为负债约束(存款流失,除了货币市场,无处可替代</u></b><b>).\"</b></blockquote></p><p> What he means by that is that whereas previously the RRP rate of 0.00% did not<i>reward</i>allocation of inert, excess reserves but merely provided a place to park them, now that the Fed is providing a generous yield pick up compared to rates offered by trillions in Bills, we are about to see a sea-change in the overnight, money-market, as trillions in capital reallocate away from traditional investments and into the the Fed's RRP.</p><p><blockquote>他的意思是,之前 0.00% 的建议零售价率并没有<i>奖励</i>分配惰性、超额准备金,但只是提供了一个存放它们的地方,现在美联储正在提供与数万亿美元票据提供的利率相比的慷慨收益率,我们即将看到一夜之间货币市场的巨大变化,数万亿美元的资本从传统投资重新分配到美联储的建议零售价中。</blockquote></p><p> In other words, as Pozsar puts it, \"the RRP facility started to sterilize reserves... with more to come.\" And just as Deutsche Bank explained why the Fed's signaling was an r* policy error, to Pozsar, the Fed<i><b>also</b></i>made a policy error - only this time with its technical rates - by steriling reserves because \"it’s one thing to raise the rate on the RRP facility when an increase was not strictly speaking necessary, and it’s another to raise it “unduly” high – as one money fund manager put it, “<b>yesterday we could not even get a basis points a year; to get endless paper at five basis points from the most trusted counterparty is a dream come true.\"</b></p><p><blockquote>换句话说,正如波萨尔所说,“RRP 设施开始对储备进行消毒……未来还会有更多储备。”正如德意志银行解释为什么美联储的信号是一个r*政策错误一样,对波萨尔来说,美联储<i><b>也</b></i>该公司犯了一个政策错误--只是这次是在技术利率方面--取消了准备金,因为 “在严格来说没有必要提高 RRP 设施的利率时提高利率是一回事,而将利率提高 ‘过度 ’又是另一回事--正如一位货币基金经理所说,”<b>昨天我们一年连一个基点都拿不到;从最值得信赖的交易对手那里以五个基点获得无尽的纸张是梦想成真。”</b></blockquote></p><p> He's right: while 0bps may have been viewed by many as too low, it was hardly catastrophic for now (Credit Suisse was one of those predicting no administered rate hike),<b>5bps is too generous</b>, according to Pozsar who warns that the new reverse repo rate<b>will upset the state of \"singularity\"</b>and \"like heat-seeking missiles, money market investors move hundreds of billions, making sharp, 90º turns hunting for even a basis point of yield at the zero bound –<b>at 5 bps, money funds have an incentive to trade out of all their Treasury bills and park cash at the RRP facility.\"</b></p><p><blockquote>他是对的:虽然许多人可能认为 0 个基点太低,但目前还不是灾难性的(瑞士信贷是预测不会有管理加息的机构之一),<b>5bps太慷慨了</b>波萨尔警告说,新的逆回购利率<b>会扰乱“奇点”的状态</b>“就像寻求热量的导弹一样,货币市场投资者移动数千亿美元,进行急剧的 90 度转弯,寻找零区间哪怕一个基点的收益率——<b>在 5 个基点的情况下,货币基金有动力交易所有国库券并将现金存放在 RRP 设施中。”</b></blockquote></p><p></p><p> Indeed, as shown below, bills yield less than 5 bps out to 6 months,<b>and money funds have over $2 trillion of bills.</b>They got an the incentive to sell, while others have the incentive to buy: institutions whose deposits have been “tolerated” by banks until now earning zero interest have an incentive to harvest the 0-5 bps range the bill curve has to offer. Putting your cash at a basis point in bills is better than deposits at zero.<b>So the sterilization of reserves begins, and so the o/n RRP facility turns from a largely passive tool that provided an interest rate floor to the deposits that large banks have been pushing away, into an active tool that \"sucks\" the deposits away that banks decided to retain.</b></p><p><blockquote>事实上,如下所示,6 个月内票据收益率低于 5 个基点,<b>货币基金有超过2万亿美元的钞票。</b>他们有卖出的动机,而其他人则有买入的动机: 那些存款一直被银行 “容忍 ”的机构,到目前为止赚取零利息,他们有动机收获票据曲线提供的 0-5 个基点范围。将现金放在账单的基点比存款为零要好。<b>因此,准备金的冲销开始了,因此o/n RRP工具从一个基本上被动的工具转变为一个主动的工具,该工具为大型银行一直在推走的存款提供利率下限,该工具“吸走”银行决定保留的存款。</b></blockquote></p><p> <img src=\"https://static.tigerbbs.com/bf593f7b1d2d665f39384ed6a998d3bf\" tg-width=\"500\" tg-height=\"403\">To help readers visualize what is going on, the Credit Suisse strategist suggest the following \"extreme\" thought experiment: most of the “Covid-19” deposits currently with banks go into the bill market where rates are better. Money funds sell bills to institutional investors that currently keep their cash at banks, and money funds swap bills for o/n RRPs. Said (somewhat) simply, while previously the Fed provided banks with a convenient place to park reserves, it now will actively drain reserves to the point where we may end up with another 2019-style repo crisis, as most financial institutions suddenly find themsleves with<i><b>too few</b></i>intraday reserves, forcing them to use the Fed's other funding facilities (such as FX swap lines) to remain consistently solvent.</p><p><blockquote>为了帮助读者了解正在发生的事情,瑞士信贷的策略师建议进行以下 “极端 ”思维实验: 目前银行的大部分 “Covid-19 ”存款都进入了利率较高的票据市场。货币基金向目前将现金存入银行的机构投资者出售票据,货币基金将票据交换为o/n RRP。简单地说,虽然之前美联储为银行提供了一个方便的地方来存放准备金,但现在它将积极抽干准备金,以至于我们可能会陷入另一场 2019 年式的回购危机,因为大多数金融机构突然发现自己陷入了困境<i><b>太少</b></i>日内储备,迫使他们使用美联储的其他融资工具(如外汇掉期额度)来保持持续的偿付能力。</blockquote></p><p> This process is not overnight. It will take a few weeks to observe the fallout from the Fed's reserve sterilization.</p><p><blockquote>这个过程不是一蹴而就的。需要几周时间才能观察美联储冲销的后果。</blockquote></p><p> And here is why the problem is similar to the repo crisis of 2019: soon we will find that while cash-rich banks can handle the outflows,<b>some bond-heavy banks cannot.</b>As a result, Zoltan predicts that next \"we will notice that some banks (those who can<i><b>not</b></i>handle outflows) are borrowing advances from FHLBs, and cash-rich banks stop lending in the FX swap market as the RRP facility pulled reserves away from them and the Fed has to re-start the FX swap lines to offset.\"</p><p><blockquote>这就是为什么这个问题与 2019 年的回购危机相似:很快我们就会发现,虽然现金充裕的银行可以处理资金流出,<b>一些债券重的银行不能。</b>因此,佐尔坦预测,接下来“我们将注意到一些银行(那些能够<i><b>不</b></i>处理资金外流)正在从 FHLB 借入预付款,而现金充裕的银行停止在外汇掉期市场上放贷,因为建议零售价机制将准备金从它们手中抽走,美联储不得不重新启动外汇掉期额度来抵消。”</blockquote></p><p> Bottom line:<i><b>whereas previously we saw Libor-OIS collapse, this key funding spread will have to widen from here, unless the Fed lowers the o/n RRP rate again back to where it was before.</b></i></p><p><blockquote>底线:<i><b>尽管之前我们看到Libor-OIS崩溃,但这一关键的资金利差将不得不从这里扩大,除非美联储再次将o/n RRP利率降至之前的水平。</b></i></blockquote></p><p> Or, as Zoltan summarizes, \"It’s either quantities or prices\" - indeed,<b>in 2019 the Fed chose prices over quantities, which backfired, and led to the repo crisis which ended the Fed's hiking cycle and started \"NOT QE.\"</b>While the Fed redeemed itself in February, when it expanded the usage of the RRP without making it liability-constrained as it chose quantities over prices - which worked well - last Wednesday,<b>the Fed turned “unlimited” quantities into “money for free” and started to sterilize reserves.</b></p><p><blockquote>或者,正如佐尔坦总结的那样,“要么是数量,要么是价格”--事实上,<b>2019年,美联储选择了价格而不是数量,这适得其反,并导致了回购危机,结束了美联储的加息周期,并开始了“非量化宽松”。</b>虽然美联储在2月份挽回了自己,当时它扩大了建议零售价的使用,但没有使其受到负债约束,因为它选择了数量而不是价格——这很有效——上周三,<b>美联储将 “无限 ”数量变成了 “免费资金”,并开始对储备进行冲销。</b></blockquote></p><p> Bottom line: \"we are witnessing the dealer of last resort (DoLR) learning the art of dealing, making unforced errors – if the Fed sterilizes with an overpriced o/n RRP facility, it has to be ready to add liquidity via the swap lines…\"</p><p><blockquote>底线:“我们正在目睹最后手段交易商 (DoLR) 学习交易艺术,犯下非受迫性错误——如果美联储用定价过高的 o/n RRP 工具进行冲销,它必须准备好通过掉期额度增加流动性……”</blockquote></p><p> Translation: <b>by paying trillions in reserves 5bps, the Fed just planted the seeds of the next liquidity crisis.</b></p><p><blockquote>翻译:<b>通过5个基点支付数万亿美元的准备金,美联储只是埋下了下一次流动性危机的种子。</b></blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源:<a href=\"https://www.zerohedge.com/markets/powell-just-launched-2-trillion-heat-seeking-missiles-zoltan-explains-how-fed-started-next\">zerohedge</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":{"SPY":"标普500ETF",".IXIC":"NASDAQ Composite",".DJI":"道琼斯",".SPX":"S&P 500 Index"},"source_url":"https://www.zerohedge.com/markets/powell-just-launched-2-trillion-heat-seeking-missiles-zoltan-explains-how-fed-started-next","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1146982088","content_text":"Last week, amid thefire and brimstone surroundingthe market's shocked response to the Fed's unexpected hawkish pivot, we noted that there were two tangible, if less noted changes: the Fed adjusted the two key \"administered\" rates, raising both the IOER and RRP rates by 5 basis points (as correctly predicted by Bank of America, JPMorgan, Wrightson, Deutsche Bank and Wells Fargo while Citi, Oxford Economics, Jefferies, Credit Suisse, Standard Chartered, BMO were wrong in predicting no rate change), in an effort to push the Effective Fed Funds rate higher and away from its imminent rendezvous with 0%.\nWhat does this mean? As Curvature Securities repo guru,Scott Skyrm wrote last week, \"clearly the Fed intends to move overnight rates above zero and drain the RRP facility of cash.\" Unfortunately, the end result would be precisely the opposite of what the Fed had wanted to achieve.\nBut what does this really mean for overnight rates and RRP volume? As Skyrm further noted, the increase in the IOER should pull the daily fed funds rate 5 basis points higher and, in turn, put upward pressure on Repo GC. Combined with the 5 basis point increase in RRP, GC should move a solid 5 basis points higher, which it has.\nThe problem, as Skyrm warned, is that the Fed's technical adjustment would do nothing to ease the RRP volume:\n\n When market Repo rates were at 0% and the RRP rate was at zero, ~$500 billion went into the RRP. Well, if both market Repo rates and the RRP rate are 5 basis points higher, there's no reason to pull cash out of the RRP. For example, if GC rates moved to .05% and the RRP rate stayed at zero, investor preferences to invest at a higher rate would remove cash from the RRP.\n\nBottom line: with both market rates and RRP at .05%, there's really no economic incentive for cash investors to move cash to the Repo market. Or, as we summarized, \"the Fed's rate change may have zero impact on the Fed's reverse repo facility, or the record half a trillion in cash parked there.\"\nIn retrospect, boy was that an understatement, because just one day later the already record usage of the Fed's Reverse Repo facility spiked by a record 50%, exploding to a staggering $756 billion (it closed Friday at $747 billion) as the GSEs.\nNeedless to say, flooding the Fed's RRP facility and sterilizing reserves is hardly what the Fed had intended, and as Credit Suisse's own repo guru (and former NY Fed staffer) Zoltan Pozsar wrote in his post-mortem, \"the re-priced RRP facility will become a problem for the banking system fast:the banking system is going from being asset constrained (deposits flooding in, but nowhere to lend them but to the Fed), to being liability constrained (deposits slipping away and nowhere to replace them but in the money market).\"\nWhat he means by that is that whereas previously the RRP rate of 0.00% did notrewardallocation of inert, excess reserves but merely provided a place to park them, now that the Fed is providing a generous yield pick up compared to rates offered by trillions in Bills, we are about to see a sea-change in the overnight, money-market, as trillions in capital reallocate away from traditional investments and into the the Fed's RRP.\nIn other words, as Pozsar puts it, \"the RRP facility started to sterilize reserves... with more to come.\" And just as Deutsche Bank explained why the Fed's signaling was an r* policy error, to Pozsar, the Fedalsomade a policy error - only this time with its technical rates - by steriling reserves because \"it’s one thing to raise the rate on the RRP facility when an increase was not strictly speaking necessary, and it’s another to raise it “unduly” high – as one money fund manager put it, “yesterday we could not even get a basis points a year; to get endless paper at five basis points from the most trusted counterparty is a dream come true.\"\nHe's right: while 0bps may have been viewed by many as too low, it was hardly catastrophic for now (Credit Suisse was one of those predicting no administered rate hike),5bps is too generous, according to Pozsar who warns that the new reverse repo ratewill upset the state of \"singularity\"and \"like heat-seeking missiles, money market investors move hundreds of billions, making sharp, 90º turns hunting for even a basis point of yield at the zero bound –at 5 bps, money funds have an incentive to trade out of all their Treasury bills and park cash at the RRP facility.\"\nIndeed, as shown below, bills yield less than 5 bps out to 6 months,and money funds have over $2 trillion of bills.They got an the incentive to sell, while others have the incentive to buy: institutions whose deposits have been “tolerated” by banks until now earning zero interest have an incentive to harvest the 0-5 bps range the bill curve has to offer. Putting your cash at a basis point in bills is better than deposits at zero.So the sterilization of reserves begins, and so the o/n RRP facility turns from a largely passive tool that provided an interest rate floor to the deposits that large banks have been pushing away, into an active tool that \"sucks\" the deposits away that banks decided to retain.\nTo help readers visualize what is going on, the Credit Suisse strategist suggest the following \"extreme\" thought experiment: most of the “Covid-19” deposits currently with banks go into the bill market where rates are better. Money funds sell bills to institutional investors that currently keep their cash at banks, and money funds swap bills for o/n RRPs. Said (somewhat) simply, while previously the Fed provided banks with a convenient place to park reserves, it now will actively drain reserves to the point where we may end up with another 2019-style repo crisis, as most financial institutions suddenly find themsleves withtoo fewintraday reserves, forcing them to use the Fed's other funding facilities (such as FX swap lines) to remain consistently solvent.\nThis process is not overnight. It will take a few weeks to observe the fallout from the Fed's reserve sterilization.\nAnd here is why the problem is similar to the repo crisis of 2019: soon we will find that while cash-rich banks can handle the outflows,some bond-heavy banks cannot.As a result, Zoltan predicts that next \"we will notice that some banks (those who cannothandle outflows) are borrowing advances from FHLBs, and cash-rich banks stop lending in the FX swap market as the RRP facility pulled reserves away from them and the Fed has to re-start the FX swap lines to offset.\"\nBottom line:whereas previously we saw Libor-OIS collapse, this key funding spread will have to widen from here, unless the Fed lowers the o/n RRP rate again back to where it was before.\nOr, as Zoltan summarizes, \"It’s either quantities or prices\" - indeed,in 2019 the Fed chose prices over quantities, which backfired, and led to the repo crisis which ended the Fed's hiking cycle and started \"NOT QE.\"While the Fed redeemed itself in February, when it expanded the usage of the RRP without making it liability-constrained as it chose quantities over prices - which worked well - last Wednesday,the Fed turned “unlimited” quantities into “money for free” and started to sterilize reserves.\nBottom line: \"we are witnessing the dealer of last resort (DoLR) learning the art of dealing, making unforced errors – if the Fed sterilizes with an overpriced o/n RRP facility, it has to be ready to add liquidity via the swap lines…\"\nTranslation: by paying trillions in reserves 5bps, the Fed just planted the seeds of the next liquidity crisis.","news_type":1,"symbols_score_info":{".DJI":0.9,"SPY":0.9,".IXIC":0.9,".SPX":0.9}},"isVote":1,"tweetType":1,"viewCount":323,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":118092090,"gmtCreate":1622706442310,"gmtModify":1634098953757,"author":{"id":"3580942055840541","authorId":"3580942055840541","name":"Jimchanfc","avatar":"https://static.tigerbbs.com/d38914f80f89dfb4ac6b61f5166d33f3","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3580942055840541","authorIdStr":"3580942055840541"},"themes":[],"title":"","htmlText":"Like and comment pls ","listText":"Like and comment pls ","text":"Like and comment pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/118092090","repostId":"1146528217","repostType":4,"repost":{"id":"1146528217","kind":"news","pubTimestamp":1622695494,"share":"https://www.laohunote.com/m/news/1146528217?lang=zh_CN&edition=full","pubTime":"2021-06-03 12:44","market":"us","language":"en","title":"Ignore Dogecoin -- These 3 Unique Stocks Are Infinitely Better Buys<blockquote>忽略狗狗币——这 3 只独特的股票无限值得购买</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1146528217","media":"The motley fool","summary":"These interesting companies are targeting huge market opportunities -- and can help keep your portfolio afloat in any market condition.Dogecoinhas emerged as one of the most hyped assets in the market today. This is understandable, considering that the cryptocurrency is up 7,733% so far this year, far ahead of the benchmarkS&P 500's returns of 11.84% in the same time frame.This makes Dogecoin a highly speculative investment for retail investors -- one that should mostly be avoided. Instead,NVIDI","content":"<p>These interesting companies are targeting huge market opportunities -- and can help keep your portfolio afloat in any market condition.</p><p><blockquote>这些有趣的公司瞄准了巨大的市场机会,可以帮助您在任何市场条件下保持投资组合的运转。</blockquote></p><p><b>Dogecoin</b>(CRYPTO:DOGE)has emerged as one of the most hyped assets in the market today. This is understandable, considering that the cryptocurrency is up 7,733% so far this year, far ahead of the benchmark<b>S&P 500</b>'s returns of 11.84% in the same time frame.</p><p><blockquote><b>狗狗币</b>(加密货币:DOGE)已成为当今市场上最受炒作的资产之一。考虑到加密货币今年迄今已上涨 7,733%,远远领先于基准,这是可以理解的<b>标普500</b>同期回报率为11.84%。</blockquote></p><p>Investors, however, should also consider Dogecoin's high volatility. Dogecoin has tanked by more than 50% from its all-time high of $0.74 in the past month (so, yes, at one point it was up more than 14,000%). This cryptocurrency is not backed by any asset and hardly has anysustainable advantageover rivals in terms of transaction fees or processing and settlement speeds. And with no hard limit to the number of Dogecoins that can be mined, this cryptocurrency is extremely sensitive to headline risk.</p><p><blockquote>然而,投资者也应该考虑狗狗币的高波动性。在过去的一个月里,狗狗币从0.74美元的历史高点下跌了50%以上(所以,是的,一度上涨了14,000%以上)。这种加密货币没有任何资产支持,在交易费用或处理和结算速度方面几乎没有比竞争对手有任何可持续的优势。由于可以开采的狗狗币数量没有硬性限制,这种加密货币对头条风险极其敏感。</blockquote></p><p>This makes Dogecoin a highly speculative investment for retail investors -- one that should mostly be avoided. Instead,<b>NVIDIA</b>(NASDAQ:NVDA),<b>Skillz</b>(NYSE:SKLZ), and<b>Jushi Holdings</b>(OTC:JUSHF)can prove much better portfolio holdings in the long run.</p><p><blockquote>这使得狗狗币成为散户投资者的高度投机性投资——这是最应该避免的。相反,<b>英伟达</b>(纳斯达克股票代码:NVDA)<b>技能</b>(纽约证券交易所代码:SKLZ),以及<b>巨石控股</b>(场外交易代码:JUSHF)从长远来看可以证明更好的投资组合持有量。</blockquote></p><p>1. NVIDIA</p><p><blockquote>1.英伟达</blockquote></p><p>If you want to invest in leading-edge semiconductor technology powering artificial intelligence, cloud computing, autonomous driving, 5G, and several other next-generation trends, then NVIDIA may be exactly the right stock for you.</p><p><blockquote>如果您想投资推动人工智能、云计算、自动驾驶、5G 和其他几个下一代趋势的领先半导体技术,那么 NVIDIA 可能正是适合您的股票。</blockquote></p><p>In the first quarter of fiscal 2022 (ending May 2), NVIDIA reported stellar performance, despite the ongoing global semiconductor shortage. Revenue jumped 84% year over year to $5.66 billion, and diluted earnings per share (EPS) soared 106% to $3.03. In the first quarter, gaming revenue was up 106% year over year to $2.76 billion, while data center revenue jumped 79% year over year to $2.05 billion.</p><p><blockquote>尽管全球半导体短缺持续,但在 2022 财年第一季度(截至 5 月 2 日),英伟达仍公布了出色的业绩。收入同比增长 84%,达到 56.6 亿美元,稀释每股收益 (EPS) 飙升 106%,达到 3.03 美元。第一季度,游戏收入同比增长106%,达到27.6亿美元,数据中心收入同比增长79%,达到20.5亿美元。</blockquote></p><p>Long known as a leader in the gaming space for its graphic processing units (GPUs), NVIDIA further strengthened that position by launching GeForce RTX 30 Series GPUs in September. Since then, GeForce has triggered a massive GPU upgrade cycle in the gaming industry, and demand for NVIDIA-powered laptops and desktops from students, gamers, and creators has been outstripping supply.</p><p><blockquote>NVIDIA 长期以来一直以其图形处理单元 (GPU) 而闻名于游戏领域的领导者,9 月份推出了 GeForce RTX 30 系列 GPU,进一步巩固了这一地位。从那时起,GeForce在游戏行业引发了大规模的GPU升级周期,学生、游戏玩家和创作者对NVIDIA支持的笔记本电脑和台式机的需求一直供不应求。</blockquote></p><p>In fact, the RTX 30 series has played a pivotal role in helping NVIDIArecapture some shareof the discrete GPU market from<b>Advanced Micro Devices</b>(NASDAQ:AMD). (\"Discrete GPU\" refers to a GPU which is separate from the central processing unit, or CPU.) Subsequently, the company ended 2020 with83% of the discrete GPUmarket share.</p><p><blockquote>事实上,RTX 30 系列在帮助 Nvidia 重新夺回独立 GPU 市场的部分份额方面发挥了关键作用<b>先进微器件</b>(纳斯达克股票代码:AMD)(“独立GPU”是指与中央处理单元或CPU分开的GPU。)随后,该公司在2020年底拥有83%的独立GPU市场份额。</blockquote></p><p>NVIDIA's data center segment is witnessing solid demand from massive data-center customers building infrastructure for providing AI capabilities to their clients. Management has also announced plans to launch their first data center central processing unit (CPU), theARM-based\"Grace\" chip, by 2023. With the capability to work 10 times faster than existing servers, Grace CPU can further strengthen NVIDIA's position in the global data center market.</p><p><blockquote>NVIDIA 的数据中心部门正见证着大型数据中心客户的强劲需求,他们正在建设基础设施,为客户提供人工智能功能。管理层还宣布计划在2023年前推出他们的第一个数据中心中央处理单元(CPU),即基于ARM的“Grace”芯片。Grace CPU的工作速度比现有服务器快10倍,可以进一步巩固NVIDIA在全球数据中心市场的地位。</blockquote></p><p>With this backdrop, although NVIDIA trades at more than 40.8 times forward earnings, the premium valuation seems justified. Investors can earn handsome returns by picking up this market-leading semiconductor stock even at these elevated levels.</p><p><blockquote>在此背景下,尽管英伟达的预期市盈率超过 40.8 倍,但溢价估值似乎是合理的。即使在这些高水平上,投资者也可以通过购买这只市场领先的半导体股票来获得丰厚的回报。</blockquote></p><p>2. Skillz</p><p><blockquote>2. 技能</blockquote></p><p>Mobile esports platform Skillz has been on a wild ride in the past few months. The company IPOed via the special purpose acquisition company (SPAC) route at an opening price of $17.89 in December, reached as high as $46.30 in February, and then tanked to an all-time low of $12.40 in April. The dramatic drop has been associated with several factors, including investors moving from growth to value stocks, some adverse short-seller reports, ill-timed capital raises, and equity dilution involving significant insider selling.</p><p><blockquote>移动电子竞技平台Skillz在过去的几个月里一直在疯狂。该公司于 12 月通过特殊目的收购公司 (SPAC) 途径首次公开募股,开盘价为 17.89 美元,2 月份最高达到 46.30 美元,然后在 4 月份跌至 12.40 美元的历史低点。股价大幅下跌与多种因素有关,包括投资者从成长型股票转向价值型股票、一些不利的卖空报告、不合时宜的融资以及涉及大量内幕抛售的股权稀释。</blockquote></p><p>The sheer magnitude of Skillz's sell-off, however, seems unjustified. Skillz provides mobile game developers with a platform to organize competitions and then collects15% of the gross proceedspaid by players participating in these competitions. In the first quarter of fiscal 2021 (ending March 31), Skillz's monthly active users rose by 3.8% year over year to 2.7 million, and paying user count jumped by 81% to 467,000.</p><p><blockquote>然而,Skillz 抛售的规模似乎不合理。Skillz为手机游戏开发商提供了一个组织比赛的平台,然后收取参加这些比赛的玩家支付的总收入的15%。2021财年第一季度(截至3月31日),Skillz的月活跃用户同比增长3.8%至270万,付费用户数量跃升81%至46.7万。</blockquote></p><p>In an open letter to retail investors, Skillz founder and CEO Andrew Paradise highlighted the platform's high engagement level, noting that once users start paying, they stay with the company for the long run. While Skillz is currently focused only on paying users, Paradise's letter noted plans to explore other monetization methods, such as \"non-intrusive advertising\" and \"gamifying other industries and experiences,\" to add new revenue streams in the coming years.</p><p><blockquote>Skillz 创始人兼首席执行官 Andrew Paradise 在致散户投资者的一封公开信中强调了该平台的高参与度,并指出一旦用户开始付费,他们就会长期留在公司。虽然Skillz目前只专注于付费用户,但Paradise的信中指出,计划探索其他货币化方法,如“非侵入性广告”和“其他行业和体验的游戏化”,以在未来几年增加新的收入来源。</blockquote></p><p></p><p>In the first quarter, Skillz's revenues jumped 92% year over year to $84 million, ahead of its previous guidance of $80 million. The company also bumped up its year-over-year fiscal 2021 revenue growth estimate from 59% to 63%. However, this guidance does not include the potential gains from new game launches or entering new geographies.</p><p><blockquote>第一季度,Skillz 的收入同比增长 92%,达到 8400 万美元,高于之前 8000 万美元的指导。该公司还将 2021 财年收入同比增长预期从 59% 上调至 63%。但是,本指南不包括新游戏发布或进入新地区的潜在收益。</blockquote></p><p>The company has entered into a multi-year gaming agreement with the National Football League (NFL). While this deal will not add materially to Skillz's top line in fiscal 2021, it will attract more users to the platform. The company also plans to enter India by the end of fiscal 2021, a move expected to grow its addressable market by 65%. Against this backdrop, chances of Skillz reporting a steep revenue growth trajectory in coming quarters remains high.</p><p><blockquote>该公司已与美国国家橄榄球联盟 (NFL) 签订了多年博彩协议。虽然这笔交易不会大幅增加 Skillz 2021 财年的收入,但它将吸引更多用户使用该平台。该公司还计划在 2021 财年末进入印度,此举预计将使其潜在市场增长 65%。在此背景下,Skillz 在未来几个季度报告收入大幅增长的可能性仍然很高。</blockquote></p><p>Currently trading at 31 times trailing 12-month (TTM) sales, Skillz is still quite expensive, especially given that it's not profitable. However, the company is a solid bet on the growth potential of the mobile gaming market, which has expanded annually at a compounded average growth rate of 23% between 2015 and 2020. With a gross margin of 95%, a cash balance of $613 million, and zero debt, Skillz offers an attractive risk-reward proposition to retail investors.</p><p><blockquote>Skillz 目前的交易价格是过去 12 个月 (TTM) 销售额的 31 倍,但仍然相当昂贵,特别是考虑到它无利可图。然而,该公司坚定地押注于移动游戏市场的增长潜力,该市场在2015年至2020年期间以23%的复合平均增长率每年扩张。Skillz 的毛利率为 95%,现金余额为 6.13 亿美元,债务为零,为散户投资者提供了有吸引力的风险回报方案。</blockquote></p><p>3. Jushi Holdings</p><p><blockquote>3、巨石控股</blockquote></p><p>Shares of U.S. multi-state cannabis operator Jushi Holdings are up over 450% in the past 12 months -- and for a good reason. Although it's among the smallerU.S. cannabis companies, the company hasstrategically selected marketswith high growth potential and limited competition in which to operate, including Ohio, Pennsylvania, Virginia, Illinois, California, Nevada, and Massachusetts.</p><p><blockquote>美国多州大麻运营商巨石控股公司的股价在过去 12 个月中上涨了 450% 以上,这是有充分理由的。虽然它是美国较小的国家之一。大麻公司,该公司战略性地选择了具有高增长潜力且竞争有限的市场进行运营,包括俄亥俄州、宾夕法尼亚州、弗吉尼亚州、伊利诺伊州、加利福尼亚州、内华达州和马萨诸塞州。</blockquote></p><p>Jushi currently operates 11 medical marijuana dispensaries in Pennsylvania and plans to open an additional seven in 2021. This footprint seems even more impressive considering the fact that Pennsylvania's limited licensing structure reduces competition.</p><p><blockquote>巨石目前在宾夕法尼亚州经营着11家医用大麻药房,并计划在2021年再开设7家。考虑到宾夕法尼亚州有限的许可结构减少了竞争,这一足迹似乎更加令人印象深刻。</blockquote></p><p>There are 528,000 registered medical marijuana patients in Pennsylvania, and the market is expected to rake in $1.5 billion in revenues by 2023, meaning that Jushi stands to benefit dramatically in coming months. As Pennsylvania moves toward legalizing recreational marijuana, which is a major topic ahead of 2022 elections, Jushi's extensive presence can help establish its brands rapidly in this new market.</p><p><blockquote>宾夕法尼亚州有 528,000 名注册医用大麻患者,预计到 2023 年,该市场将带来 15 亿美元的收入,这意味着巨石将在未来几个月内大幅受益。随着宾夕法尼亚州走向娱乐大麻合法化,这是2022年选举前的一个主要话题,巨石的广泛存在可以帮助其在这个新市场快速建立品牌。</blockquote></p><p>Jushi currently operates four dispensaries in Illinois, a state which legalized sales of recreational cannabis starting Jan. 1, 2020. With an estimated 2021 annual run rate of $1.3 billion, Illinois is well-positioned to be a major revenue driver for the company. The company also holds one of the only five vertically integrated licenses in Virginia -- allowing it to cultivate, process, and sell medical cannabis to customers in a market with limited competition. Virginia is expected to commence recreational cannabis sales in 2024, which will further boost Jushi's addressable market.</p><p><blockquote>巨石目前在伊利诺伊州经营着四家药房,该州从2020年1月1日起将娱乐性大麻的销售合法化。伊利诺伊州预计2021年的年营业额为13亿美元,完全有能力成为该公司的主要收入驱动力。该公司还持有弗吉尼亚州仅有的五个垂直整合许可证之一,允许其在竞争有限的市场中种植、加工和向客户销售医用大麻。弗吉尼亚州预计将于 2024 年开始销售休闲大麻,这将进一步促进巨石的潜在市场。</blockquote></p><p>In first-quarter 2021 (ending March 31), Jushi's revenues rose 29% sequentially to $41.7 million. The company also has a strong balance sheet with $168 million cash and $82 million debt. Against the backdrop of a robust strategy and solid financials, Jushi could prove to be an attractive investment for retail investors.</p><p><blockquote>2021年第一季度(截至3月31日),巨石的收入环比增长29%,达到4170万美元。该公司还拥有强大的资产负债表,拥有 1.68 亿美元现金和 8200 万美元债务。在稳健的战略和稳健的财务状况的背景下,巨石可能会成为对散户投资者有吸引力的投资。</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>Ignore Dogecoin -- These 3 Unique Stocks Are Infinitely Better Buys<blockquote>忽略狗狗币——这 3 只独特的股票无限值得购买</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\">\nIgnore Dogecoin -- These 3 Unique Stocks Are Infinitely Better Buys<blockquote>忽略狗狗币——这 3 只独特的股票无限值得购买</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">The motley fool</strong><span class=\"h-time small\">2021-06-03 12:44</span>\n</p>\n</h4>\n</header>\n<article>\n<p>These interesting companies are targeting huge market opportunities -- and can help keep your portfolio afloat in any market condition.</p><p><blockquote>这些有趣的公司瞄准了巨大的市场机会,可以帮助您在任何市场条件下保持投资组合的运转。</blockquote></p><p><b>Dogecoin</b>(CRYPTO:DOGE)has emerged as one of the most hyped assets in the market today. This is understandable, considering that the cryptocurrency is up 7,733% so far this year, far ahead of the benchmark<b>S&P 500</b>'s returns of 11.84% in the same time frame.</p><p><blockquote><b>狗狗币</b>(加密货币:DOGE)已成为当今市场上最受炒作的资产之一。考虑到加密货币今年迄今已上涨 7,733%,远远领先于基准,这是可以理解的<b>标普500</b>同期回报率为11.84%。</blockquote></p><p>Investors, however, should also consider Dogecoin's high volatility. Dogecoin has tanked by more than 50% from its all-time high of $0.74 in the past month (so, yes, at one point it was up more than 14,000%). This cryptocurrency is not backed by any asset and hardly has anysustainable advantageover rivals in terms of transaction fees or processing and settlement speeds. And with no hard limit to the number of Dogecoins that can be mined, this cryptocurrency is extremely sensitive to headline risk.</p><p><blockquote>然而,投资者也应该考虑狗狗币的高波动性。在过去的一个月里,狗狗币从0.74美元的历史高点下跌了50%以上(所以,是的,一度上涨了14,000%以上)。这种加密货币没有任何资产支持,在交易费用或处理和结算速度方面几乎没有比竞争对手有任何可持续的优势。由于可以开采的狗狗币数量没有硬性限制,这种加密货币对头条风险极其敏感。</blockquote></p><p>This makes Dogecoin a highly speculative investment for retail investors -- one that should mostly be avoided. Instead,<b>NVIDIA</b>(NASDAQ:NVDA),<b>Skillz</b>(NYSE:SKLZ), and<b>Jushi Holdings</b>(OTC:JUSHF)can prove much better portfolio holdings in the long run.</p><p><blockquote>这使得狗狗币成为散户投资者的高度投机性投资——这是最应该避免的。相反,<b>英伟达</b>(纳斯达克股票代码:NVDA)<b>技能</b>(纽约证券交易所代码:SKLZ),以及<b>巨石控股</b>(场外交易代码:JUSHF)从长远来看可以证明更好的投资组合持有量。</blockquote></p><p>1. NVIDIA</p><p><blockquote>1.英伟达</blockquote></p><p>If you want to invest in leading-edge semiconductor technology powering artificial intelligence, cloud computing, autonomous driving, 5G, and several other next-generation trends, then NVIDIA may be exactly the right stock for you.</p><p><blockquote>如果您想投资推动人工智能、云计算、自动驾驶、5G 和其他几个下一代趋势的领先半导体技术,那么 NVIDIA 可能正是适合您的股票。</blockquote></p><p>In the first quarter of fiscal 2022 (ending May 2), NVIDIA reported stellar performance, despite the ongoing global semiconductor shortage. Revenue jumped 84% year over year to $5.66 billion, and diluted earnings per share (EPS) soared 106% to $3.03. In the first quarter, gaming revenue was up 106% year over year to $2.76 billion, while data center revenue jumped 79% year over year to $2.05 billion.</p><p><blockquote>尽管全球半导体短缺持续,但在 2022 财年第一季度(截至 5 月 2 日),英伟达仍公布了出色的业绩。收入同比增长 84%,达到 56.6 亿美元,稀释每股收益 (EPS) 飙升 106%,达到 3.03 美元。第一季度,游戏收入同比增长106%,达到27.6亿美元,数据中心收入同比增长79%,达到20.5亿美元。</blockquote></p><p>Long known as a leader in the gaming space for its graphic processing units (GPUs), NVIDIA further strengthened that position by launching GeForce RTX 30 Series GPUs in September. Since then, GeForce has triggered a massive GPU upgrade cycle in the gaming industry, and demand for NVIDIA-powered laptops and desktops from students, gamers, and creators has been outstripping supply.</p><p><blockquote>NVIDIA 长期以来一直以其图形处理单元 (GPU) 而闻名于游戏领域的领导者,9 月份推出了 GeForce RTX 30 系列 GPU,进一步巩固了这一地位。从那时起,GeForce在游戏行业引发了大规模的GPU升级周期,学生、游戏玩家和创作者对NVIDIA支持的笔记本电脑和台式机的需求一直供不应求。</blockquote></p><p>In fact, the RTX 30 series has played a pivotal role in helping NVIDIArecapture some shareof the discrete GPU market from<b>Advanced Micro Devices</b>(NASDAQ:AMD). (\"Discrete GPU\" refers to a GPU which is separate from the central processing unit, or CPU.) Subsequently, the company ended 2020 with83% of the discrete GPUmarket share.</p><p><blockquote>事实上,RTX 30 系列在帮助 Nvidia 重新夺回独立 GPU 市场的部分份额方面发挥了关键作用<b>先进微器件</b>(纳斯达克股票代码:AMD)(“独立GPU”是指与中央处理单元或CPU分开的GPU。)随后,该公司在2020年底拥有83%的独立GPU市场份额。</blockquote></p><p>NVIDIA's data center segment is witnessing solid demand from massive data-center customers building infrastructure for providing AI capabilities to their clients. Management has also announced plans to launch their first data center central processing unit (CPU), theARM-based\"Grace\" chip, by 2023. With the capability to work 10 times faster than existing servers, Grace CPU can further strengthen NVIDIA's position in the global data center market.</p><p><blockquote>NVIDIA 的数据中心部门正见证着大型数据中心客户的强劲需求,他们正在建设基础设施,为客户提供人工智能功能。管理层还宣布计划在2023年前推出他们的第一个数据中心中央处理单元(CPU),即基于ARM的“Grace”芯片。Grace CPU的工作速度比现有服务器快10倍,可以进一步巩固NVIDIA在全球数据中心市场的地位。</blockquote></p><p>With this backdrop, although NVIDIA trades at more than 40.8 times forward earnings, the premium valuation seems justified. Investors can earn handsome returns by picking up this market-leading semiconductor stock even at these elevated levels.</p><p><blockquote>在此背景下,尽管英伟达的预期市盈率超过 40.8 倍,但溢价估值似乎是合理的。即使在这些高水平上,投资者也可以通过购买这只市场领先的半导体股票来获得丰厚的回报。</blockquote></p><p>2. Skillz</p><p><blockquote>2. 技能</blockquote></p><p>Mobile esports platform Skillz has been on a wild ride in the past few months. The company IPOed via the special purpose acquisition company (SPAC) route at an opening price of $17.89 in December, reached as high as $46.30 in February, and then tanked to an all-time low of $12.40 in April. The dramatic drop has been associated with several factors, including investors moving from growth to value stocks, some adverse short-seller reports, ill-timed capital raises, and equity dilution involving significant insider selling.</p><p><blockquote>移动电子竞技平台Skillz在过去的几个月里一直在疯狂。该公司于 12 月通过特殊目的收购公司 (SPAC) 途径首次公开募股,开盘价为 17.89 美元,2 月份最高达到 46.30 美元,然后在 4 月份跌至 12.40 美元的历史低点。股价大幅下跌与多种因素有关,包括投资者从成长型股票转向价值型股票、一些不利的卖空报告、不合时宜的融资以及涉及大量内幕抛售的股权稀释。</blockquote></p><p>The sheer magnitude of Skillz's sell-off, however, seems unjustified. Skillz provides mobile game developers with a platform to organize competitions and then collects15% of the gross proceedspaid by players participating in these competitions. In the first quarter of fiscal 2021 (ending March 31), Skillz's monthly active users rose by 3.8% year over year to 2.7 million, and paying user count jumped by 81% to 467,000.</p><p><blockquote>然而,Skillz 抛售的规模似乎不合理。Skillz为手机游戏开发商提供了一个组织比赛的平台,然后收取参加这些比赛的玩家支付的总收入的15%。2021财年第一季度(截至3月31日),Skillz的月活跃用户同比增长3.8%至270万,付费用户数量跃升81%至46.7万。</blockquote></p><p>In an open letter to retail investors, Skillz founder and CEO Andrew Paradise highlighted the platform's high engagement level, noting that once users start paying, they stay with the company for the long run. While Skillz is currently focused only on paying users, Paradise's letter noted plans to explore other monetization methods, such as \"non-intrusive advertising\" and \"gamifying other industries and experiences,\" to add new revenue streams in the coming years.</p><p><blockquote>Skillz 创始人兼首席执行官 Andrew Paradise 在致散户投资者的一封公开信中强调了该平台的高参与度,并指出一旦用户开始付费,他们就会长期留在公司。虽然Skillz目前只专注于付费用户,但Paradise的信中指出,计划探索其他货币化方法,如“非侵入性广告”和“其他行业和体验的游戏化”,以在未来几年增加新的收入来源。</blockquote></p><p></p><p>In the first quarter, Skillz's revenues jumped 92% year over year to $84 million, ahead of its previous guidance of $80 million. The company also bumped up its year-over-year fiscal 2021 revenue growth estimate from 59% to 63%. However, this guidance does not include the potential gains from new game launches or entering new geographies.</p><p><blockquote>第一季度,Skillz 的收入同比增长 92%,达到 8400 万美元,高于之前 8000 万美元的指导。该公司还将 2021 财年收入同比增长预期从 59% 上调至 63%。但是,本指南不包括新游戏发布或进入新地区的潜在收益。</blockquote></p><p>The company has entered into a multi-year gaming agreement with the National Football League (NFL). While this deal will not add materially to Skillz's top line in fiscal 2021, it will attract more users to the platform. The company also plans to enter India by the end of fiscal 2021, a move expected to grow its addressable market by 65%. Against this backdrop, chances of Skillz reporting a steep revenue growth trajectory in coming quarters remains high.</p><p><blockquote>该公司已与美国国家橄榄球联盟 (NFL) 签订了多年博彩协议。虽然这笔交易不会大幅增加 Skillz 2021 财年的收入,但它将吸引更多用户使用该平台。该公司还计划在 2021 财年末进入印度,此举预计将使其潜在市场增长 65%。在此背景下,Skillz 在未来几个季度报告收入大幅增长的可能性仍然很高。</blockquote></p><p>Currently trading at 31 times trailing 12-month (TTM) sales, Skillz is still quite expensive, especially given that it's not profitable. However, the company is a solid bet on the growth potential of the mobile gaming market, which has expanded annually at a compounded average growth rate of 23% between 2015 and 2020. With a gross margin of 95%, a cash balance of $613 million, and zero debt, Skillz offers an attractive risk-reward proposition to retail investors.</p><p><blockquote>Skillz 目前的交易价格是过去 12 个月 (TTM) 销售额的 31 倍,但仍然相当昂贵,特别是考虑到它无利可图。然而,该公司坚定地押注于移动游戏市场的增长潜力,该市场在2015年至2020年期间以23%的复合平均增长率每年扩张。Skillz 的毛利率为 95%,现金余额为 6.13 亿美元,债务为零,为散户投资者提供了有吸引力的风险回报方案。</blockquote></p><p>3. Jushi Holdings</p><p><blockquote>3、巨石控股</blockquote></p><p>Shares of U.S. multi-state cannabis operator Jushi Holdings are up over 450% in the past 12 months -- and for a good reason. Although it's among the smallerU.S. cannabis companies, the company hasstrategically selected marketswith high growth potential and limited competition in which to operate, including Ohio, Pennsylvania, Virginia, Illinois, California, Nevada, and Massachusetts.</p><p><blockquote>美国多州大麻运营商巨石控股公司的股价在过去 12 个月中上涨了 450% 以上,这是有充分理由的。虽然它是美国较小的国家之一。大麻公司,该公司战略性地选择了具有高增长潜力且竞争有限的市场进行运营,包括俄亥俄州、宾夕法尼亚州、弗吉尼亚州、伊利诺伊州、加利福尼亚州、内华达州和马萨诸塞州。</blockquote></p><p>Jushi currently operates 11 medical marijuana dispensaries in Pennsylvania and plans to open an additional seven in 2021. This footprint seems even more impressive considering the fact that Pennsylvania's limited licensing structure reduces competition.</p><p><blockquote>巨石目前在宾夕法尼亚州经营着11家医用大麻药房,并计划在2021年再开设7家。考虑到宾夕法尼亚州有限的许可结构减少了竞争,这一足迹似乎更加令人印象深刻。</blockquote></p><p>There are 528,000 registered medical marijuana patients in Pennsylvania, and the market is expected to rake in $1.5 billion in revenues by 2023, meaning that Jushi stands to benefit dramatically in coming months. As Pennsylvania moves toward legalizing recreational marijuana, which is a major topic ahead of 2022 elections, Jushi's extensive presence can help establish its brands rapidly in this new market.</p><p><blockquote>宾夕法尼亚州有 528,000 名注册医用大麻患者,预计到 2023 年,该市场将带来 15 亿美元的收入,这意味着巨石将在未来几个月内大幅受益。随着宾夕法尼亚州走向娱乐大麻合法化,这是2022年选举前的一个主要话题,巨石的广泛存在可以帮助其在这个新市场快速建立品牌。</blockquote></p><p>Jushi currently operates four dispensaries in Illinois, a state which legalized sales of recreational cannabis starting Jan. 1, 2020. With an estimated 2021 annual run rate of $1.3 billion, Illinois is well-positioned to be a major revenue driver for the company. The company also holds one of the only five vertically integrated licenses in Virginia -- allowing it to cultivate, process, and sell medical cannabis to customers in a market with limited competition. Virginia is expected to commence recreational cannabis sales in 2024, which will further boost Jushi's addressable market.</p><p><blockquote>巨石目前在伊利诺伊州经营着四家药房,该州从2020年1月1日起将娱乐性大麻的销售合法化。伊利诺伊州预计2021年的年营业额为13亿美元,完全有能力成为该公司的主要收入驱动力。该公司还持有弗吉尼亚州仅有的五个垂直整合许可证之一,允许其在竞争有限的市场中种植、加工和向客户销售医用大麻。弗吉尼亚州预计将于 2024 年开始销售休闲大麻,这将进一步促进巨石的潜在市场。</blockquote></p><p>In first-quarter 2021 (ending March 31), Jushi's revenues rose 29% sequentially to $41.7 million. The company also has a strong balance sheet with $168 million cash and $82 million debt. Against the backdrop of a robust strategy and solid financials, Jushi could prove to be an attractive investment for retail investors.</p><p><blockquote>2021年第一季度(截至3月31日),巨石的收入环比增长29%,达到4170万美元。该公司还拥有强大的资产负债表,拥有 1.68 亿美元现金和 8200 万美元债务。在稳健的战略和稳健的财务状况的背景下,巨石可能会成为对散户投资者有吸引力的投资。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源:<a href=\"https://www.fool.com/investing/2021/06/02/ignore-dogecoin-these-3-unique-stocks-are-infinite/\">The motley fool</a></p>\n<p>为提升您的阅读体验,我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"JUSHF":"Jushi Holdings Inc.","NVDA":"英伟达","AMD":"美国超微公司"},"source_url":"https://www.fool.com/investing/2021/06/02/ignore-dogecoin-these-3-unique-stocks-are-infinite/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1146528217","content_text":"These interesting companies are targeting huge market opportunities -- and can help keep your portfolio afloat in any market condition.Dogecoin(CRYPTO:DOGE)has emerged as one of the most hyped assets in the market today. This is understandable, considering that the cryptocurrency is up 7,733% so far this year, far ahead of the benchmarkS&P 500's returns of 11.84% in the same time frame.Investors, however, should also consider Dogecoin's high volatility. Dogecoin has tanked by more than 50% from its all-time high of $0.74 in the past month (so, yes, at one point it was up more than 14,000%). This cryptocurrency is not backed by any asset and hardly has anysustainable advantageover rivals in terms of transaction fees or processing and settlement speeds. And with no hard limit to the number of Dogecoins that can be mined, this cryptocurrency is extremely sensitive to headline risk.This makes Dogecoin a highly speculative investment for retail investors -- one that should mostly be avoided. Instead,NVIDIA(NASDAQ:NVDA),Skillz(NYSE:SKLZ), andJushi Holdings(OTC:JUSHF)can prove much better portfolio holdings in the long run.1. NVIDIAIf you want to invest in leading-edge semiconductor technology powering artificial intelligence, cloud computing, autonomous driving, 5G, and several other next-generation trends, then NVIDIA may be exactly the right stock for you.In the first quarter of fiscal 2022 (ending May 2), NVIDIA reported stellar performance, despite the ongoing global semiconductor shortage. Revenue jumped 84% year over year to $5.66 billion, and diluted earnings per share (EPS) soared 106% to $3.03. In the first quarter, gaming revenue was up 106% year over year to $2.76 billion, while data center revenue jumped 79% year over year to $2.05 billion.Long known as a leader in the gaming space for its graphic processing units (GPUs), NVIDIA further strengthened that position by launching GeForce RTX 30 Series GPUs in September. Since then, GeForce has triggered a massive GPU upgrade cycle in the gaming industry, and demand for NVIDIA-powered laptops and desktops from students, gamers, and creators has been outstripping supply.In fact, the RTX 30 series has played a pivotal role in helping NVIDIArecapture some shareof the discrete GPU market fromAdvanced Micro Devices(NASDAQ:AMD). (\"Discrete GPU\" refers to a GPU which is separate from the central processing unit, or CPU.) Subsequently, the company ended 2020 with83% of the discrete GPUmarket share.NVIDIA's data center segment is witnessing solid demand from massive data-center customers building infrastructure for providing AI capabilities to their clients. Management has also announced plans to launch their first data center central processing unit (CPU), theARM-based\"Grace\" chip, by 2023. With the capability to work 10 times faster than existing servers, Grace CPU can further strengthen NVIDIA's position in the global data center market.With this backdrop, although NVIDIA trades at more than 40.8 times forward earnings, the premium valuation seems justified. Investors can earn handsome returns by picking up this market-leading semiconductor stock even at these elevated levels.2. SkillzMobile esports platform Skillz has been on a wild ride in the past few months. The company IPOed via the special purpose acquisition company (SPAC) route at an opening price of $17.89 in December, reached as high as $46.30 in February, and then tanked to an all-time low of $12.40 in April. The dramatic drop has been associated with several factors, including investors moving from growth to value stocks, some adverse short-seller reports, ill-timed capital raises, and equity dilution involving significant insider selling.The sheer magnitude of Skillz's sell-off, however, seems unjustified. Skillz provides mobile game developers with a platform to organize competitions and then collects15% of the gross proceedspaid by players participating in these competitions. In the first quarter of fiscal 2021 (ending March 31), Skillz's monthly active users rose by 3.8% year over year to 2.7 million, and paying user count jumped by 81% to 467,000.In an open letter to retail investors, Skillz founder and CEO Andrew Paradise highlighted the platform's high engagement level, noting that once users start paying, they stay with the company for the long run. While Skillz is currently focused only on paying users, Paradise's letter noted plans to explore other monetization methods, such as \"non-intrusive advertising\" and \"gamifying other industries and experiences,\" to add new revenue streams in the coming years.In the first quarter, Skillz's revenues jumped 92% year over year to $84 million, ahead of its previous guidance of $80 million. The company also bumped up its year-over-year fiscal 2021 revenue growth estimate from 59% to 63%. However, this guidance does not include the potential gains from new game launches or entering new geographies.The company has entered into a multi-year gaming agreement with the National Football League (NFL). While this deal will not add materially to Skillz's top line in fiscal 2021, it will attract more users to the platform. The company also plans to enter India by the end of fiscal 2021, a move expected to grow its addressable market by 65%. Against this backdrop, chances of Skillz reporting a steep revenue growth trajectory in coming quarters remains high.Currently trading at 31 times trailing 12-month (TTM) sales, Skillz is still quite expensive, especially given that it's not profitable. However, the company is a solid bet on the growth potential of the mobile gaming market, which has expanded annually at a compounded average growth rate of 23% between 2015 and 2020. With a gross margin of 95%, a cash balance of $613 million, and zero debt, Skillz offers an attractive risk-reward proposition to retail investors.3. Jushi HoldingsShares of U.S. multi-state cannabis operator Jushi Holdings are up over 450% in the past 12 months -- and for a good reason. Although it's among the smallerU.S. cannabis companies, the company hasstrategically selected marketswith high growth potential and limited competition in which to operate, including Ohio, Pennsylvania, Virginia, Illinois, California, Nevada, and Massachusetts.Jushi currently operates 11 medical marijuana dispensaries in Pennsylvania and plans to open an additional seven in 2021. This footprint seems even more impressive considering the fact that Pennsylvania's limited licensing structure reduces competition.There are 528,000 registered medical marijuana patients in Pennsylvania, and the market is expected to rake in $1.5 billion in revenues by 2023, meaning that Jushi stands to benefit dramatically in coming months. As Pennsylvania moves toward legalizing recreational marijuana, which is a major topic ahead of 2022 elections, Jushi's extensive presence can help establish its brands rapidly in this new market.Jushi currently operates four dispensaries in Illinois, a state which legalized sales of recreational cannabis starting Jan. 1, 2020. With an estimated 2021 annual run rate of $1.3 billion, Illinois is well-positioned to be a major revenue driver for the company. The company also holds one of the only five vertically integrated licenses in Virginia -- allowing it to cultivate, process, and sell medical cannabis to customers in a market with limited competition. Virginia is expected to commence recreational cannabis sales in 2024, which will further boost Jushi's addressable market.In first-quarter 2021 (ending March 31), Jushi's revenues rose 29% sequentially to $41.7 million. The company also has a strong balance sheet with $168 million cash and $82 million debt. Against the backdrop of a robust strategy and solid financials, Jushi could prove to be an attractive investment for retail investors.","news_type":1,"symbols_score_info":{"NVDA":0.9,"JUSHF":0.9,"SKLZ":0.9,"AMD":0.9}},"isVote":1,"tweetType":1,"viewCount":699,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":807870748,"gmtCreate":1628032537484,"gmtModify":1633754317717,"author":{"id":"3580942055840541","authorId":"3580942055840541","name":"Jimchanfc","avatar":"https://static.tigerbbs.com/d38914f80f89dfb4ac6b61f5166d33f3","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3580942055840541","authorIdStr":"3580942055840541"},"themes":[],"title":"","htmlText":"Comment and like pls","listText":"Comment and like pls","text":"Comment and like pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/807870748","repostId":"2156312793","repostType":4,"isVote":1,"tweetType":1,"viewCount":659,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}