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DragonKing
2021-09-15
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2021-11-02
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2021-12-24
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2021-11-18
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2021-08-04
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Beyond Meat Q2 Earnings: Restaurant Sales In Focus As Economy Reopens<blockquote>Beyond Meat第二季度收益:随着经济重新开放,餐厅销售成为焦点</blockquote>
DragonKing
2021-12-05
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2021-09-22
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2021-11-23
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2021-11-16
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2021-10-17
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coming...Like Pls.","listText":"Is coming...Like Pls.","text":"Is coming...Like Pls.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/696457111","repostId":"1186633322","repostType":4,"isVote":1,"tweetType":1,"viewCount":4270,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":696881022,"gmtCreate":1640662343548,"gmtModify":1640662343987,"author":{"id":"3580988274582448","authorId":"3580988274582448","name":"DragonKing","avatar":"https://static.tigerbbs.com/999074a932b6e7b44c07fcebc581aacb","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3580988274582448","authorIdStr":"3580988274582448"},"themes":[],"htmlText":"Wow","listText":"Wow","text":"Wow","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/696881022","repostId":"1114239115","repostType":4,"repost":{"id":"1114239115","kind":"news","pubTimestamp":1640661428,"share":"https://www.laohu8.com/m/news/1114239115?lang=zh_CN&edition=full","pubTime":"2021-12-28 11:17","market":"us","language":"en","title":"The $900 Billion Cash Pile Inflating Startup Valuations<blockquote>9000亿美元的现金储备抬高了初创公司的估值</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1114239115","media":"WSJ","summary":"Investors are defying a share-price slump for newly public companies to make hundreds of billions of","content":"<p><a href=\"https://laohu8.com/S/ISBC\">Investors</a> are defying a share-price slump for newly public companies to make hundreds of billions of dollars available to startups, a cash pile that promises to inject a torrent of money into early-stage firms in 2022 and beyond.</p><p><blockquote><a href=\"https://laohu8.com/S/ISBC\">投资者</a>正在冒着新上市公司股价暴跌的风险,向初创公司提供数千亿美元,这一现金储备有望在2022年及以后向早期公司注入大量资金。</blockquote></p><p> Special-purpose acquisition companies, which take startups public through mergers, raised about $12 billion in each of October and November, roughly doubling their clip from each of the previous three months, Dealogic data show. So far in December, three SPACs a day are being created. While that is below the first quarter’s record pace, it brings the total amount held by the hundreds of SPACs seeking private companies to take public in the next two years to roughly $160 billion.</p><p><blockquote>Dealogic的数据显示,通过合并让初创公司上市的特殊目的收购公司在10月和11月每年筹集了约120亿美元,大约是前三个月的两倍。12月到目前为止,每天有三个SPAC被创建。虽然这低于第一季度创纪录的速度,但它使数百家寻求私营公司在未来两年内上市的SPAC持有的总金额达到约1600亿美元。</blockquote></p><p> The cash committed to venture-capital firms and private-equity firms focused on rapidly growing companies but not yet spent also is ballooning. So-called dry powder hit about $440 billion for venture capitalists and roughly $310 billion for growth-focused PE firms earlier this month, according to Preqin.</p><p><blockquote>向风险投资公司和私募股权公司承诺但尚未支出的现金也在激增,这些公司专注于快速增长的公司。根据Preqin的数据,本月早些时候,所谓的干粉为风险投资家带来了约4400亿美元的收入,为专注于增长的私募股权公司带来了约3100亿美元的收入。</blockquote></p><p> Despite billions of dollars in lost market value for publicly listed startups, the cash hoards represent buoyant demand from investors with interest rates near zero and stock indexes at or near records. They show how SPACs and private markets have been more resilient than many analysts expected, particularly with regulators ratcheting up scrutiny of so-called blank-check companies. Many analysts also expect interest rates to climb in the years ahead, potentially making moonshot bets on early-stage companies less attractive.</p><p><blockquote>尽管上市初创公司的市值损失了数十亿美元,但在利率接近于零、股指处于或接近纪录水平的情况下,现金储备代表了投资者的旺盛需求。它们表明,SPAC和私人市场比许多分析师预期的更具弹性,特别是在监管机构加强对所谓空白支票公司的审查的情况下。许多分析师还预计,未来几年利率将攀升,这可能会降低对早期公司的登月押注的吸引力。</blockquote></p><p> Startups currently have several paths to access the cash, investors and executives say, particularly because a large chunk is flooding to companies working to decarbonize the economy. SPACs and other financiers often engage in bidding duels known on Wall Street as “SPAC-offs,” helping keep money flowing into startups.</p><p><blockquote>投资者和高管表示,初创公司目前有多种途径获得现金,特别是因为很大一部分资金正涌入致力于经济脱碳的公司。SPAC和其他金融家经常参与华尔街称为“SPAC收购”的竞购决斗,有助于保持资金流入初创公司。</blockquote></p><p> “There’s just so much money in the world chasing growth and returns,” said Bill Gross, who founded startup incubator Idealab.</p><p><blockquote>创业孵化器Idealab的创始人比尔·格罗斯(Bill Gross)表示:“世界上有太多资金追逐增长和回报。”</blockquote></p><p> Sometimes confused with the famous bond investor Bill Gross, Idealab’s Mr. Gross is chief executive of concentrated solar power startup Heliogen Inc. Heliogen, which doesn’t expect substantial revenue until 2023, is going public in a$2 billion SPAC deal. Another Idealab company, Energy Vault Inc.,unveiled a $1.6 billion SPAC merger in September.</p><p><blockquote>Idealab的格罗斯先生有时会与著名债券投资者比尔·格罗斯(Bill Gross)混淆,他是聚光太阳能初创公司Heliogen Inc.的首席执行官。Heliogen预计要到2023年才会有可观的收入,目前正在以20亿美元的SPAC交易上市。另一家Idealab公司Energy Vault Inc.在9月份公布了一项价值16亿美元的SPAC合并。</blockquote></p><p> Outside of SPACs, cash is piling into startups at unprecedented rates from venture-capital firms and hedge funds such as Tiger Global Management LLC that traditionally were more focused on public companies. Nearly 340 new unicorn startups—or about one each day—have privately raised money at valuations north of $1 billion this year, more than triple the total from last year, PitchBook data show.</p><p><blockquote>在SPAC之外,传统上更专注于上市公司的Tiger Global Management LLC等风险投资公司和对冲基金正以前所未有的速度涌入初创公司。PitchBook数据显示,今年有近340家新的独角兽初创公司(即每天约一家)以超过10亿美元的估值私下筹集资金,是去年总数的三倍多。</blockquote></p><p> In the late summer, Mike Xu, CEO of food-distribution startup GrubMarket, began looking for $50 million of new funding for his business, which he said is profitable. By November, demand proved so high he ended up securing $240 million from investors—which itself was lower than what many wanted to commit. That included a $40 million commitment from Tiger Global that came together about a week after he began discussions with the <a href=\"https://laohu8.com/S/NWY\">New York</a>-based investor.</p><p><blockquote>夏末,食品配送初创公司GrubMarket的首席执行官Mike Xu开始为他的业务寻找5000万美元的新资金,他说这项业务是盈利的。到11月,需求如此之高,他最终从投资者那里获得了2.4亿美元——这本身就低于许多人想要承诺的金额。其中包括Tiger Global承诺的4000万美元,该承诺是在他开始与<a href=\"https://laohu8.com/S/NWY\">纽约</a>为基础的投资者。</blockquote></p><p> “It just moved extremely fast,” he said of the investment round valuing the firm at over $1.2 billion. “It was way more than we expected.” GrubMarket also secured funds managed by <a href=\"https://laohu8.com/S/BLK\">BlackRock</a> Inc.</p><p><blockquote>“它的发展速度非常快,”他在谈到该公司估值超过12亿美元的本轮投资时说道。“这远远超出了我们的预期。”GrubMarket还获得了由以下人员管理的基金<a href=\"https://laohu8.com/S/BLK\">贝莱德</a>公司。</blockquote></p><p> Carbon Capture Inc., a startup working to remove carbon emissions directly from the atmosphere that also is backed by Mr. Gross’s Idealab, recently raised $35 million in its first round from investors including Salesforce Inc. co-CEO Marc Benioff’s venture firm.</p><p><blockquote>Carbon Capture Inc.是一家致力于直接从大气中去除碳排放的初创公司,也得到了格罗斯先生的Idealab的支持,最近在第一轮融资中从包括Salesforce Inc.联合首席执行官马克·贝尼奥夫(Marc Benioff)的风险投资公司在内的投资者那里筹集了3500万美元。</blockquote></p><p> Many startups also have found excited investors at large technology companies, pension funds, and sovereign-wealth funds.</p><p><blockquote>许多初创公司还在大型科技公司、养老基金和主权财富基金中找到了兴奋的投资者。</blockquote></p><p> The fundraising frenzy is continuing even though sentiment toward newly public startups has cooled. An exchange-traded fund that tracks companies that went public through SPACs is down about 25% for the year. Meanwhile, an ETF of companies that recently did traditional initial public offerings has slumped roughly 15% in the past three months.</p><p><blockquote>尽管对新上市初创公司的情绪已经降温,但融资狂潮仍在继续。一只追踪通过SPAC上市的公司的交易所交易基金今年下跌了约25%。与此同时,最近进行传统首次公开募股的公司的ETF在过去三个月内下跌了约15%。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/fa784fe1c27b15e6c63cfb7b35c9bba6\" tg-width=\"822\" tg-height=\"751\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p> SPACs are in focus for many investors because they have taken Wall Street and Silicon Valley by storm as a new way to quickly raise cash and go public. A SPAC is a shell firm that raises money and lists on a stock exchange with the sole intent of merging with a private firm to take it public. After regulators approve the deal, the private firm replaces the SPAC in the stock market.</p><p><blockquote>SPAC是许多投资者关注的焦点,因为它们作为快速筹集现金和上市的新方式席卷了华尔街和硅谷。特殊目的收购公司是一家空壳公司,它筹集资金并在证券交易所上市,其唯一目的是与私营公司合并以使其上市。监管机构批准该交易后,这家私营公司将取代股票市场上的SPAC。</blockquote></p><p></p><p> One reason for SPACs’ sudden ubiquity is that startups are allowed to make business projections when going public that aren’t allowed in traditional IPOs.</p><p><blockquote>SPAC突然无处不在的一个原因是,初创公司在上市时被允许做出传统IPO中不允许的业务预测。</blockquote></p><p> Many have struggled to meet those targets or have hit business snags, sending shares tumbling.Of the nearly 200 companies that have gone public through SPAC deals this year, about 75% have share prices below the SPAC’s listing price, according to SPAC Research. Nearly 40 companies have lost more than 50% of their value.</p><p><blockquote>许多公司难以实现这些目标或遇到业务障碍,导致股价暴跌。根据SPAC Research的数据,在今年通过SPAC交易上市的近200家公司中,约75%的公司股价低于SPAC的上市价格。近40家公司市值缩水超50%。</blockquote></p><p> Regulators have investigated several companies that went public this way after short sellers alleged wrongdoing, while multiple CEOs of newly listed electric-vehicle startups have resigned. Many analysts say SPACs allow startups to go public before they are ready.</p><p><blockquote>监管机构已经调查了几家在卖空者指控其不当行为后以这种方式上市的公司,而新上市的电动汽车初创公司的多位首席执行官已经辞职。许多分析师表示,SPAC允许初创公司在准备好之前上市。</blockquote></p><p> Yet investors continue to pour money into emerging companies in any way they can, in search of the next DoorDash Inc.or Airbnb Inc., whose early backers have been well rewarded. Many deals are tied to fighting climate change, with investors also riding the momentum inTeslaInc.and others linked to the energy transition.</p><p><blockquote>然而,投资者继续以任何可能的方式向新兴公司投入资金,寻找下一个DoorDash Inc.或爱彼迎公司,它们的早期支持者获得了丰厚的回报。许多交易都与应对气候变化有关,投资者也利用了TeslaInc.和其他与能源转型相关的交易的势头。</blockquote></p><p> “I would expect valuations will continue being driven up,” said John Carrington, CEO of clean-energy storage firm <a href=\"https://laohu8.com/S/STEM\">Stem Inc.</a> “It’s an industry that needs a lot of capital, for better or worse.” Stem’s market value has roughly doubled to $2.8 billion after it completed a SPAC deal earlier this year. The company had about $40 million in sales in the third quarter.</p><p><blockquote>清洁能源存储公司首席执行官约翰·卡林顿(John Carrington)表示:“我预计估值将继续上涨。”<a href=\"https://laohu8.com/S/STEM\">Stem公司。</a>“无论好坏,这都是一个需要大量资本的行业。”在今年早些时候完成SPAC交易后,Stem的市值大约翻了一番,达到28亿美元。该公司第三季度销售额约为4000万美元。</blockquote></p><p> Moving forward, some analysts expect a large gap between the winners and losers from the boom.</p><p><blockquote>展望未来,一些分析师预计繁荣的赢家和输家之间将存在巨大差距。</blockquote></p><p> “The availability of SPAC capital and of private capital gives companies options, but ultimately, the problems are caused by bringing the wrong company public or the wrong valuation,” said Mike Ryan, CEO of Bullet Point Network, a financial analytics company. A former Wall Street equity investor, Mr. Ryan also is a venture partner at Alpha Partners and board chair of a SPAC that Alpha Partners launched this summer.</p><p><blockquote>金融分析公司Bullet Point Network首席执行官迈克·瑞安(Mike Ryan)表示:“SPAC资本和私人资本的可用性为公司提供了选择,但最终,问题是由错误的公司上市或错误的估值造成的。”Ryan先生曾是华尔街股票投资者,也是Alpha Partners的风险合伙人以及Alpha Partners今年夏天推出的SPAC的董事会主席。</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>The $900 Billion Cash Pile Inflating Startup Valuations<blockquote>9000亿美元的现金储备抬高了初创公司的估值</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\">\nThe $900 Billion Cash Pile Inflating Startup Valuations<blockquote>9000亿美元的现金储备抬高了初创公司的估值</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">WSJ</strong><span class=\"h-time small\">2021-12-28 11:17</span>\n</p>\n</h4>\n</header>\n<article>\n<p><a href=\"https://laohu8.com/S/ISBC\">Investors</a> are defying a share-price slump for newly public companies to make hundreds of billions of dollars available to startups, a cash pile that promises to inject a torrent of money into early-stage firms in 2022 and beyond.</p><p><blockquote><a href=\"https://laohu8.com/S/ISBC\">投资者</a>正在冒着新上市公司股价暴跌的风险,向初创公司提供数千亿美元,这一现金储备有望在2022年及以后向早期公司注入大量资金。</blockquote></p><p> Special-purpose acquisition companies, which take startups public through mergers, raised about $12 billion in each of October and November, roughly doubling their clip from each of the previous three months, Dealogic data show. So far in December, three SPACs a day are being created. While that is below the first quarter’s record pace, it brings the total amount held by the hundreds of SPACs seeking private companies to take public in the next two years to roughly $160 billion.</p><p><blockquote>Dealogic的数据显示,通过合并让初创公司上市的特殊目的收购公司在10月和11月每年筹集了约120亿美元,大约是前三个月的两倍。12月到目前为止,每天有三个SPAC被创建。虽然这低于第一季度创纪录的速度,但它使数百家寻求私营公司在未来两年内上市的SPAC持有的总金额达到约1600亿美元。</blockquote></p><p> The cash committed to venture-capital firms and private-equity firms focused on rapidly growing companies but not yet spent also is ballooning. So-called dry powder hit about $440 billion for venture capitalists and roughly $310 billion for growth-focused PE firms earlier this month, according to Preqin.</p><p><blockquote>向风险投资公司和私募股权公司承诺但尚未支出的现金也在激增,这些公司专注于快速增长的公司。根据Preqin的数据,本月早些时候,所谓的干粉为风险投资家带来了约4400亿美元的收入,为专注于增长的私募股权公司带来了约3100亿美元的收入。</blockquote></p><p> Despite billions of dollars in lost market value for publicly listed startups, the cash hoards represent buoyant demand from investors with interest rates near zero and stock indexes at or near records. They show how SPACs and private markets have been more resilient than many analysts expected, particularly with regulators ratcheting up scrutiny of so-called blank-check companies. Many analysts also expect interest rates to climb in the years ahead, potentially making moonshot bets on early-stage companies less attractive.</p><p><blockquote>尽管上市初创公司的市值损失了数十亿美元,但在利率接近于零、股指处于或接近纪录水平的情况下,现金储备代表了投资者的旺盛需求。它们表明,SPAC和私人市场比许多分析师预期的更具弹性,特别是在监管机构加强对所谓空白支票公司的审查的情况下。许多分析师还预计,未来几年利率将攀升,这可能会降低对早期公司的登月押注的吸引力。</blockquote></p><p> Startups currently have several paths to access the cash, investors and executives say, particularly because a large chunk is flooding to companies working to decarbonize the economy. SPACs and other financiers often engage in bidding duels known on Wall Street as “SPAC-offs,” helping keep money flowing into startups.</p><p><blockquote>投资者和高管表示,初创公司目前有多种途径获得现金,特别是因为很大一部分资金正涌入致力于经济脱碳的公司。SPAC和其他金融家经常参与华尔街称为“SPAC收购”的竞购决斗,有助于保持资金流入初创公司。</blockquote></p><p> “There’s just so much money in the world chasing growth and returns,” said Bill Gross, who founded startup incubator Idealab.</p><p><blockquote>创业孵化器Idealab的创始人比尔·格罗斯(Bill Gross)表示:“世界上有太多资金追逐增长和回报。”</blockquote></p><p> Sometimes confused with the famous bond investor Bill Gross, Idealab’s Mr. Gross is chief executive of concentrated solar power startup Heliogen Inc. Heliogen, which doesn’t expect substantial revenue until 2023, is going public in a$2 billion SPAC deal. Another Idealab company, Energy Vault Inc.,unveiled a $1.6 billion SPAC merger in September.</p><p><blockquote>Idealab的格罗斯先生有时会与著名债券投资者比尔·格罗斯(Bill Gross)混淆,他是聚光太阳能初创公司Heliogen Inc.的首席执行官。Heliogen预计要到2023年才会有可观的收入,目前正在以20亿美元的SPAC交易上市。另一家Idealab公司Energy Vault Inc.在9月份公布了一项价值16亿美元的SPAC合并。</blockquote></p><p> Outside of SPACs, cash is piling into startups at unprecedented rates from venture-capital firms and hedge funds such as Tiger Global Management LLC that traditionally were more focused on public companies. Nearly 340 new unicorn startups—or about one each day—have privately raised money at valuations north of $1 billion this year, more than triple the total from last year, PitchBook data show.</p><p><blockquote>在SPAC之外,传统上更专注于上市公司的Tiger Global Management LLC等风险投资公司和对冲基金正以前所未有的速度涌入初创公司。PitchBook数据显示,今年有近340家新的独角兽初创公司(即每天约一家)以超过10亿美元的估值私下筹集资金,是去年总数的三倍多。</blockquote></p><p> In the late summer, Mike Xu, CEO of food-distribution startup GrubMarket, began looking for $50 million of new funding for his business, which he said is profitable. By November, demand proved so high he ended up securing $240 million from investors—which itself was lower than what many wanted to commit. That included a $40 million commitment from Tiger Global that came together about a week after he began discussions with the <a href=\"https://laohu8.com/S/NWY\">New York</a>-based investor.</p><p><blockquote>夏末,食品配送初创公司GrubMarket的首席执行官Mike Xu开始为他的业务寻找5000万美元的新资金,他说这项业务是盈利的。到11月,需求如此之高,他最终从投资者那里获得了2.4亿美元——这本身就低于许多人想要承诺的金额。其中包括Tiger Global承诺的4000万美元,该承诺是在他开始与<a href=\"https://laohu8.com/S/NWY\">纽约</a>为基础的投资者。</blockquote></p><p> “It just moved extremely fast,” he said of the investment round valuing the firm at over $1.2 billion. “It was way more than we expected.” GrubMarket also secured funds managed by <a href=\"https://laohu8.com/S/BLK\">BlackRock</a> Inc.</p><p><blockquote>“它的发展速度非常快,”他在谈到该公司估值超过12亿美元的本轮投资时说道。“这远远超出了我们的预期。”GrubMarket还获得了由以下人员管理的基金<a href=\"https://laohu8.com/S/BLK\">贝莱德</a>公司。</blockquote></p><p> Carbon Capture Inc., a startup working to remove carbon emissions directly from the atmosphere that also is backed by Mr. Gross’s Idealab, recently raised $35 million in its first round from investors including Salesforce Inc. co-CEO Marc Benioff’s venture firm.</p><p><blockquote>Carbon Capture Inc.是一家致力于直接从大气中去除碳排放的初创公司,也得到了格罗斯先生的Idealab的支持,最近在第一轮融资中从包括Salesforce Inc.联合首席执行官马克·贝尼奥夫(Marc Benioff)的风险投资公司在内的投资者那里筹集了3500万美元。</blockquote></p><p> Many startups also have found excited investors at large technology companies, pension funds, and sovereign-wealth funds.</p><p><blockquote>许多初创公司还在大型科技公司、养老基金和主权财富基金中找到了兴奋的投资者。</blockquote></p><p> The fundraising frenzy is continuing even though sentiment toward newly public startups has cooled. An exchange-traded fund that tracks companies that went public through SPACs is down about 25% for the year. Meanwhile, an ETF of companies that recently did traditional initial public offerings has slumped roughly 15% in the past three months.</p><p><blockquote>尽管对新上市初创公司的情绪已经降温,但融资狂潮仍在继续。一只追踪通过SPAC上市的公司的交易所交易基金今年下跌了约25%。与此同时,最近进行传统首次公开募股的公司的ETF在过去三个月内下跌了约15%。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/fa784fe1c27b15e6c63cfb7b35c9bba6\" tg-width=\"822\" tg-height=\"751\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p> SPACs are in focus for many investors because they have taken Wall Street and Silicon Valley by storm as a new way to quickly raise cash and go public. A SPAC is a shell firm that raises money and lists on a stock exchange with the sole intent of merging with a private firm to take it public. After regulators approve the deal, the private firm replaces the SPAC in the stock market.</p><p><blockquote>SPAC是许多投资者关注的焦点,因为它们作为快速筹集现金和上市的新方式席卷了华尔街和硅谷。特殊目的收购公司是一家空壳公司,它筹集资金并在证券交易所上市,其唯一目的是与私营公司合并以使其上市。监管机构批准该交易后,这家私营公司将取代股票市场上的SPAC。</blockquote></p><p></p><p> One reason for SPACs’ sudden ubiquity is that startups are allowed to make business projections when going public that aren’t allowed in traditional IPOs.</p><p><blockquote>SPAC突然无处不在的一个原因是,初创公司在上市时被允许做出传统IPO中不允许的业务预测。</blockquote></p><p> Many have struggled to meet those targets or have hit business snags, sending shares tumbling.Of the nearly 200 companies that have gone public through SPAC deals this year, about 75% have share prices below the SPAC’s listing price, according to SPAC Research. Nearly 40 companies have lost more than 50% of their value.</p><p><blockquote>许多公司难以实现这些目标或遇到业务障碍,导致股价暴跌。根据SPAC Research的数据,在今年通过SPAC交易上市的近200家公司中,约75%的公司股价低于SPAC的上市价格。近40家公司市值缩水超50%。</blockquote></p><p> Regulators have investigated several companies that went public this way after short sellers alleged wrongdoing, while multiple CEOs of newly listed electric-vehicle startups have resigned. Many analysts say SPACs allow startups to go public before they are ready.</p><p><blockquote>监管机构已经调查了几家在卖空者指控其不当行为后以这种方式上市的公司,而新上市的电动汽车初创公司的多位首席执行官已经辞职。许多分析师表示,SPAC允许初创公司在准备好之前上市。</blockquote></p><p> Yet investors continue to pour money into emerging companies in any way they can, in search of the next DoorDash Inc.or Airbnb Inc., whose early backers have been well rewarded. Many deals are tied to fighting climate change, with investors also riding the momentum inTeslaInc.and others linked to the energy transition.</p><p><blockquote>然而,投资者继续以任何可能的方式向新兴公司投入资金,寻找下一个DoorDash Inc.或爱彼迎公司,它们的早期支持者获得了丰厚的回报。许多交易都与应对气候变化有关,投资者也利用了TeslaInc.和其他与能源转型相关的交易的势头。</blockquote></p><p> “I would expect valuations will continue being driven up,” said John Carrington, CEO of clean-energy storage firm <a href=\"https://laohu8.com/S/STEM\">Stem Inc.</a> “It’s an industry that needs a lot of capital, for better or worse.” Stem’s market value has roughly doubled to $2.8 billion after it completed a SPAC deal earlier this year. The company had about $40 million in sales in the third quarter.</p><p><blockquote>清洁能源存储公司首席执行官约翰·卡林顿(John Carrington)表示:“我预计估值将继续上涨。”<a href=\"https://laohu8.com/S/STEM\">Stem公司。</a>“无论好坏,这都是一个需要大量资本的行业。”在今年早些时候完成SPAC交易后,Stem的市值大约翻了一番,达到28亿美元。该公司第三季度销售额约为4000万美元。</blockquote></p><p> Moving forward, some analysts expect a large gap between the winners and losers from the boom.</p><p><blockquote>展望未来,一些分析师预计繁荣的赢家和输家之间将存在巨大差距。</blockquote></p><p> “The availability of SPAC capital and of private capital gives companies options, but ultimately, the problems are caused by bringing the wrong company public or the wrong valuation,” said Mike Ryan, CEO of Bullet Point Network, a financial analytics company. A former Wall Street equity investor, Mr. Ryan also is a venture partner at Alpha Partners and board chair of a SPAC that Alpha Partners launched this summer.</p><p><blockquote>金融分析公司Bullet Point Network首席执行官迈克·瑞安(Mike Ryan)表示:“SPAC资本和私人资本的可用性为公司提供了选择,但最终,问题是由错误的公司上市或错误的估值造成的。”Ryan先生曾是华尔街股票投资者,也是Alpha Partners的风险合伙人以及Alpha Partners今年夏天推出的SPAC的董事会主席。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源:<a href=\"https://www.wsj.com/articles/the-900-billion-cash-pile-inflating-startup-valuations-11640539562?mod=hp_lead_pos6\">WSJ</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":{"ABNB":"爱彼迎","DASH":"DoorDash, Inc."},"source_url":"https://www.wsj.com/articles/the-900-billion-cash-pile-inflating-startup-valuations-11640539562?mod=hp_lead_pos6","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1114239115","content_text":"Investors are defying a share-price slump for newly public companies to make hundreds of billions of dollars available to startups, a cash pile that promises to inject a torrent of money into early-stage firms in 2022 and beyond.\nSpecial-purpose acquisition companies, which take startups public through mergers, raised about $12 billion in each of October and November, roughly doubling their clip from each of the previous three months, Dealogic data show. So far in December, three SPACs a day are being created. While that is below the first quarter’s record pace, it brings the total amount held by the hundreds of SPACs seeking private companies to take public in the next two years to roughly $160 billion.\nThe cash committed to venture-capital firms and private-equity firms focused on rapidly growing companies but not yet spent also is ballooning. So-called dry powder hit about $440 billion for venture capitalists and roughly $310 billion for growth-focused PE firms earlier this month, according to Preqin.\nDespite billions of dollars in lost market value for publicly listed startups, the cash hoards represent buoyant demand from investors with interest rates near zero and stock indexes at or near records. They show how SPACs and private markets have been more resilient than many analysts expected, particularly with regulators ratcheting up scrutiny of so-called blank-check companies. Many analysts also expect interest rates to climb in the years ahead, potentially making moonshot bets on early-stage companies less attractive.\nStartups currently have several paths to access the cash, investors and executives say, particularly because a large chunk is flooding to companies working to decarbonize the economy. SPACs and other financiers often engage in bidding duels known on Wall Street as “SPAC-offs,” helping keep money flowing into startups.\n“There’s just so much money in the world chasing growth and returns,” said Bill Gross, who founded startup incubator Idealab.\nSometimes confused with the famous bond investor Bill Gross, Idealab’s Mr. Gross is chief executive of concentrated solar power startup Heliogen Inc. Heliogen, which doesn’t expect substantial revenue until 2023, is going public in a$2 billion SPAC deal. Another Idealab company, Energy Vault Inc.,unveiled a $1.6 billion SPAC merger in September.\nOutside of SPACs, cash is piling into startups at unprecedented rates from venture-capital firms and hedge funds such as Tiger Global Management LLC that traditionally were more focused on public companies. Nearly 340 new unicorn startups—or about one each day—have privately raised money at valuations north of $1 billion this year, more than triple the total from last year, PitchBook data show.\nIn the late summer, Mike Xu, CEO of food-distribution startup GrubMarket, began looking for $50 million of new funding for his business, which he said is profitable. By November, demand proved so high he ended up securing $240 million from investors—which itself was lower than what many wanted to commit. That included a $40 million commitment from Tiger Global that came together about a week after he began discussions with the New York-based investor.\n“It just moved extremely fast,” he said of the investment round valuing the firm at over $1.2 billion. “It was way more than we expected.” GrubMarket also secured funds managed by BlackRock Inc.\nCarbon Capture Inc., a startup working to remove carbon emissions directly from the atmosphere that also is backed by Mr. Gross’s Idealab, recently raised $35 million in its first round from investors including Salesforce Inc. co-CEO Marc Benioff’s venture firm.\nMany startups also have found excited investors at large technology companies, pension funds, and sovereign-wealth funds.\nThe fundraising frenzy is continuing even though sentiment toward newly public startups has cooled. An exchange-traded fund that tracks companies that went public through SPACs is down about 25% for the year. Meanwhile, an ETF of companies that recently did traditional initial public offerings has slumped roughly 15% in the past three months.\n\nSPACs are in focus for many investors because they have taken Wall Street and Silicon Valley by storm as a new way to quickly raise cash and go public. A SPAC is a shell firm that raises money and lists on a stock exchange with the sole intent of merging with a private firm to take it public. After regulators approve the deal, the private firm replaces the SPAC in the stock market.\nOne reason for SPACs’ sudden ubiquity is that startups are allowed to make business projections when going public that aren’t allowed in traditional IPOs.\nMany have struggled to meet those targets or have hit business snags, sending shares tumbling.Of the nearly 200 companies that have gone public through SPAC deals this year, about 75% have share prices below the SPAC’s listing price, according to SPAC Research. Nearly 40 companies have lost more than 50% of their value.\nRegulators have investigated several companies that went public this way after short sellers alleged wrongdoing, while multiple CEOs of newly listed electric-vehicle startups have resigned. Many analysts say SPACs allow startups to go public before they are ready.\nYet investors continue to pour money into emerging companies in any way they can, in search of the next DoorDash Inc.or Airbnb Inc., whose early backers have been well rewarded. Many deals are tied to fighting climate change, with investors also riding the momentum inTeslaInc.and others linked to the energy transition.\n“I would expect valuations will continue being driven up,” said John Carrington, CEO of clean-energy storage firm Stem Inc. “It’s an industry that needs a lot of capital, for better or worse.” Stem’s market value has roughly doubled to $2.8 billion after it completed a SPAC deal earlier this year. The company had about $40 million in sales in the third quarter.\nMoving forward, some analysts expect a large gap between the winners and losers from the boom.\n“The availability of SPAC capital and of private capital gives companies options, but ultimately, the problems are caused by bringing the wrong company public or the wrong valuation,” said Mike Ryan, CEO of Bullet Point Network, a financial analytics company. A former Wall Street equity investor, Mr. Ryan also is a venture partner at Alpha Partners and board chair of a SPAC that Alpha Partners launched this summer.","news_type":1,"symbols_score_info":{"DASH":0.9,"ABNB":0.9}},"isVote":1,"tweetType":1,"viewCount":2918,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":696883560,"gmtCreate":1640662328934,"gmtModify":1640662329323,"author":{"id":"3580988274582448","authorId":"3580988274582448","name":"DragonKing","avatar":"https://static.tigerbbs.com/999074a932b6e7b44c07fcebc581aacb","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3580988274582448","authorIdStr":"3580988274582448"},"themes":[],"htmlText":"Get ready....","listText":"Get ready....","text":"Get ready....","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/696883560","repostId":"1127544468","repostType":4,"isVote":1,"tweetType":1,"viewCount":3384,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":696907489,"gmtCreate":1640590057671,"gmtModify":1640590058090,"author":{"id":"3580988274582448","authorId":"3580988274582448","name":"DragonKing","avatar":"https://static.tigerbbs.com/999074a932b6e7b44c07fcebc581aacb","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3580988274582448","authorIdStr":"3580988274582448"},"themes":[],"htmlText":"Tine to buy...like pls.","listText":"Tine to buy...like pls.","text":"Tine to buy...like pls.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/696907489","repostId":"1136351826","repostType":4,"repost":{"id":"1136351826","kind":"news","pubTimestamp":1640589068,"share":"https://www.laohu8.com/m/news/1136351826?lang=zh_CN&edition=full","pubTime":"2021-12-27 15:11","market":"us","language":"en","title":"Unity Stock: If You Have Been Waiting, The Time Has Come To Buy<blockquote>Unity股票:如果您一直在等待,现在是买入的时候了</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1136351826","media":"Seeking Alpha","summary":"Summary\n\nUnity is the leading engine in real-time 3D for gaming creators. Moreover, its use cases ha","content":"<p><b>Summary</b></p><p><blockquote><b>总结</b></blockquote></p><p> <ul> <li>Unity is the leading engine in real-time 3D for gaming creators. Moreover, its use cases have expanded beyond gaming.</li> <li>It recently closed its Weta Digital acquisition. We believe the deal is transformative.</li> <li>Its stock has also dropped 30% from its all-time high following its momentum spike.</li> <li>We discuss why we think investors can consider the opportunity to buy now.</li> </ul> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/eb000e942dc4b466fc45e2c1073f83b3\" tg-width=\"1536\" tg-height=\"1024\" width=\"100%\" height=\"auto\"><span>Sundry Photography/iStock Editorial via Getty Images</span></p><p><blockquote><ul><li>Unity是游戏创作者实时3D的领先引擎。此外,它的用例已经扩展到游戏之外。</li><li>它最近完成了对维塔数码的收购。我们相信这笔交易具有变革性。</li><li>在势头飙升后,其股价也较历史高点下跌了30%。</li><li>我们讨论为什么我们认为投资者现在可以考虑买入的机会。</li></ul><p class=\"t-img-caption\"><span>杂项摄影/iStock社论来自Getty Images</span></p></blockquote></p><p> <b>Investment Thesis</b></p><p><blockquote><b>投资论文</b></blockquote></p><p> Unity Software Inc. (U) stock suffered a well-deserved battering recently as sellers took control. The retracement knocked its price level back to more reasonable levels after dropping 30% from its all-time high. Impatient investors had driven the stock up as it reported robust earnings, coupled with the euphoria surrounding its Weta Digital acquisition. The bull-trap was well-laid by the market makers, and these investors have been given invaluable lessons about patience and valuation.</p><p><blockquote>随着卖家控制,Unity Software Inc.(U)的股票最近遭受了当之无愧的重创。此次回调将其价格水平从历史高点下跌30%后回落至更合理的水平。由于该公司公布了强劲的盈利,加上围绕收购维塔数码的兴奋情绪,不耐烦的投资者推动了该股上涨。做市商精心设计了牛市陷阱,这些投资者在耐心和估值方面得到了宝贵的教训。</blockquote></p><p> Nevertheless, we have been bullish on Unity stock throughout the year. Our bullish calls in May and June are still up 62% and 32%, respectively. However, we updated in a recent November article cautioning investors not to chase the hype and revised our rating to Neutral. The stock has fallen 20% since the article was published.</p><p><blockquote>尽管如此,我们全年一直看好Unity股票。我们5月和6月看涨的评级仍分别上涨62%和32%。然而,我们在最近11月的一篇文章中更新了警告投资者不要追逐炒作,并将我们的评级修改为中性。自文章发表以来,该股已下跌20%。</blockquote></p><p> Moreover, thanks to the steep retracement in growth stocks recently, we believe that the time has come for us to revisit our rating. We discuss why we think investors who have been biding their time can consider adding exposure.</p><p><blockquote>此外,由于近期成长股大幅回撤,我们认为是时候重新审视我们的评级了。我们讨论了为什么我们认为一直在等待时机的投资者可以考虑增加敞口。</blockquote></p><p> <b>U Stock YTD Performance</b></p><p><blockquote><b>U股年初至今表现</b></blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/24e18b8051240c38f096c7aff30cb51f\" tg-width=\"640\" tg-height=\"331\" width=\"100%\" height=\"auto\"><span>U stock YTD performance (as of 23 December' 21).</span></p><p><blockquote><p class=\"t-img-caption\"><span>U股票年初至今表现(截至21年12月23日)。</span></p></blockquote></p><p> Unity stock has had a disappointing year until its upward momentum started to recover in H2'21. We also saw the opportunity from its mispricing in May and June and thus encouraged investors to accumulate. The stock was on a steady climb towards its recovery until the momentum spike catapulted its YTD gain to 28% in November. However, the euphoria was short-lived as Unity stock's valuation returned to haunt investors who joined the \"spike bandwagon.\" After its recent retracement, the stock is back in the red for the year, with a YTD return of -5.2%, significantly underperforming the market.</p><p><blockquote>Unity股票经历了令人失望的一年,直到21年下半年开始恢复上涨势头。我们也从5月和6月的错误定价中看到了机会,从而鼓励投资者积累。该股一直在稳步回升,直到11月份势头飙升,年初至今涨幅达到28%。然而,这种兴奋是短暂的,因为Unity股票的估值重新困扰着加入“飙升潮流”的投资者。经过近期回调后,该股年内重回亏损状态,年初至今回报率为-5.2%,明显跑输大盘。</blockquote></p><p> <b>Why We are Turning Bullish On Unity Stock?</b></p><p><blockquote><b>为什么我们开始看好Unity股票?</b></blockquote></p><p> We took the opportunity to pare down our exposure in the recent spike and rotated to other undervalued growth stocks. However, we always intend to add exposure again when the euphoria has dissipated. Unity's robust FQ3 report card demonstrated that the company is still barely scratching the surface of its massive TAM, which expanded to $45B recently. The company has also completed its acquisition of Weta Digital on 1 December, as it works on integrating Weta Digital's unique technology stack into its offerings. The deal also brought 275 world-class engineers into Unity's payroll, which the company believes is some of the best talents that Weta Digital has recruited. Unity emphasized (edited): \"These 275 people, they're extraordinary. They're PhDs, research scientists. They've been focused on graphics research for 20 years. If you go to SIGGRAPH and look through papers… it just goes Weta, Weta, Weta.\"</p><p><blockquote>我们借此机会在最近的飙升中削减了敞口,并转向其他被低估的成长型股票。然而,当欣快感消散后,我们总是打算再次增加曝光。Unity强劲的第三季度成绩单表明,该公司仍仅触及其庞大TAM的表面,该TAM最近已扩大至45B美元。该公司还于12月1日完成了对维塔数码的收购,致力于将维塔数码独特的技术堆栈集成到其产品中。这笔交易还为Unity带来了275名世界级工程师,该公司认为这是维塔数码招募的最优秀的人才之一。Unity强调(编辑):“这275人,他们是非凡的。他们是博士,研究科学家。他们已经专注于图形研究20年了。如果你去SIGGRAPH浏览论文……它只是去Weta,Weta,Weta。”</blockquote></p><p> Therefore, we firmly believe that it's a transformative acquisition for Unity. Creators have already used the company's solutions across multiple industries, most notably in gaming. In addition, the company has documented numerous industrial and commercial use cases as enterprise customers realize the power of its real-time 3D engine.</p><p><blockquote>因此,我们坚信这是Unity的一次变革性收购。创作者已经在多个行业使用了该公司的解决方案,尤其是在游戏领域。此外,随着企业客户认识到其实时3D引擎的强大功能,该公司还记录了大量工业和商业用例。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/878e57a9fe0cb69914c0f7f253b774f1\" tg-width=\"640\" tg-height=\"396\" width=\"100%\" height=\"auto\"><span>Unity enterprise customers. Data source: Company filings</span></p><p><blockquote><p class=\"t-img-caption\"><span>Unity企业客户。数据来源:公司备案</span></p></blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/eb656e9fcbf3fc8a38a59165058c147f\" tg-width=\"640\" tg-height=\"396\" width=\"100%\" height=\"auto\"><span>Unity dollar-based net expansion rate. Data source: Company filings</span></p><p><blockquote><p class=\"t-img-caption\"><span>以单位美元为基础的净膨胀率。数据来源:公司备案</span></p></blockquote></p><p> Consequently, Unity continues to experience stellar growth in its enterprise base. Its enterprise customer grew from just 553 in FQ3'19 to 973 in FQ3'21, representing a CAGR of 32.7%. Moreover, its customers continue to expand their use cases consistently. As a result, its net expansion rate has maintained around 140% over time. Therefore, the company has sustained robust monetization in its Operate solutions while driving new use cases through its Create solutions.</p><p><blockquote>因此,Unity的企业基础继续实现强劲增长。其企业客户从19年第三季度的553家增长到21年第三季度的973家,复合年增长率为32.7%。此外,其客户继续不断扩展他们的用例。因此,随着时间的推移,其净扩张率一直保持在140%左右。因此,该公司在其运营解决方案中保持了强劲的货币化,同时通过其创建解决方案推动了新的用例。</blockquote></p><p></p><p> While it's still early to determine the expansion of new or expanded use cases linked to Weta's technology stack, Unity is confident that it can leverage strongly. In addition, it has an eye on the multi-trillion-dollar metaverse, as it aims to be one of the critical engines for creators. Unity General Manager Marc Whitten emphasized (edited):</p><p><blockquote>虽然现在确定与Weta技术堆栈相关的新的或扩展的用例的扩展还为时过早,但Unity有信心它可以强有力地利用。此外,它还着眼于价值数万亿美元的元宇宙,因为它的目标是成为创作者的关键引擎之一。Unity总经理Marc Whitten强调(编辑):</blockquote></p><p> The key for me - I strongly believe, whatever word you want to use for <i>the metaverse, it's going to need more 3D content</i>. It's going to need an <i>extraordinary increase in the number of people capable of building in 3D</i>. Certainly from a Unity perspective, we really started thinking hard about how we could build something that democratizes content creation. Between Unity and Weta, we had the tools to do something extraordinary. You have this set of people at Weta who had built the most spectacular tools ever for 3D content creation that had never been productized. And then you have Unity, where our bread and butter is packaging and democratizing tools and making them more accessible. It became more and more clear that we could find the right transaction to make it happen. (VentureBeat) It's also essential for readers to note Weta's highly scalable tools. Unity articulated that Weta has an \"incredibly forward-looking architectural approach.\" They use \"one data model, one data river, and a set of tools that impact that. [It allows] individuals to see how things show up across multiple objects, or multiple artists to be able to collaborate and work in parallel and do amazing things around that.\" As a result, the company believes it can scale Weta's stack with its technology and extend the use cases well beyond gaming. CEO John Riccitiello added (edited):</p><p><blockquote>我的关键——我坚信,无论你想用什么词<i>元宇宙将需要更多3D内容</i>.它需要一个<i>能够进行3D建筑的人数大幅增加</i>当然,从Unity的角度来看,我们真的开始认真思考如何构建内容创作民主化的东西。在Unity和Weta之间,我们拥有了做一些非凡事情的工具。Weta有一群人,他们为从未产品化的3D内容创作构建了有史以来最壮观的工具。然后是Unity,我们的面包和黄油是包装和民主化工具,使它们更容易获得。越来越清楚的是,我们可以找到合适的交易来实现这一目标。(VentureBeat)读者还必须注意Weta的高度可扩展工具。Unity表示,Weta拥有“令人难以置信的前瞻性架构方法”。他们使用“一个数据模型、一个数据流以及一套工具来影响这个数据。它允许个人查看事物如何跨多个对象,或者多个艺术家能够协作并行地工作,并以此为背景做一些令人惊叹的事情。”因此,该公司相信它可以利用其技术扩展Weta的堆栈,并将用例扩展到游戏之外。首席执行官John Riccitiello补充道(编辑):</blockquote></p><p> I would expect the use cases to continue to grow. We see huge opportunities for us in media and entertainment, in games, adding more seats -- with artists. We believe there is an opportunity in architecture. We believe there are opportunities in automotive. So many, many different industries will continue to see growth. (Unity's FQ3'21 earnings call) We have always believed that Unity's engine is the world leader in real-time 3D. Moreover, it has proven its use cases well beyond gaming. Furthermore, the Weta deal demonstrates how management intends to further consolidate its leadership against its peers by taking its competitive moat a step further. We love companies that are relentless in their pursuit of innovation.</p><p><blockquote>我预计用例会继续增长。我们在媒体和娱乐、游戏、增加更多席位——与艺术家一起,看到了巨大的机会。我们相信建筑领域有机会。我们相信汽车行业存在机会。许多许多不同的行业将继续增长。(Unity 21年第三季度财报看涨期权)我们一直相信Unity的引擎是实时3D领域的全球领导者。此外,它已经证明了其用例远远超出了游戏。此外,Weta交易表明管理层打算如何通过进一步巩固其竞争护城河来进一步巩固其相对于同行的领导地位。我们喜欢不懈追求创新的公司。</blockquote></p><p> <b>Key Risks That Investors Should Consider?</b></p><p><blockquote><b>投资者应该考虑的主要风险?</b></blockquote></p><p> The transformative acquisition is not cheap. But it shouldn't be cheap for a tech stack of this scale. The company closed the deal with a mix of cash and stock that amounted to $1.625B. Moreover, the company recently announced $1.5B in convertible senior notes, which would partly be used to fund its acquisitions. Given that the company had minimal long-term debt ($124M in FQ3) compared to cash and short-term investments of $1.28B, the size of the debt offering is massive. Therefore, Weta's acquisition has introduced significant execution and balance sheet risks that Unity needs to manage well.</p><p><blockquote>变革性收购并不便宜。但对于这种规模的技术堆栈来说,它应该不便宜。该公司以现金和股票的组合完成了这笔交易,金额为$16.25 B。此外,该公司最近宣布发行15亿美元的可转换优先票据,其中部分将用于为其收购提供资金。鉴于该公司的长期债务很少(第三季度为1.24亿美元),而现金和短期投资为1.28 B美元,因此此次债务发行的规模巨大。因此,Weta的收购带来了Unity需要管理好的重大执行和资产负债表风险。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/93223041a6aea690d094bf9568d6ecfa\" tg-width=\"640\" tg-height=\"231\" width=\"100%\" height=\"auto\"><span>High-growth SaaS EV/NTM Revenue comps.</span></p><p><blockquote><p class=\"t-img-caption\"><span>高增长的SaaS EV/NTM收入比较。</span></p></blockquote></p><p> In addition, Unity stock is still priced at a significant premium. It is trading at an EV/NTM Revenue of 31.3x, well ahead of the high-growth SaaS comps median of 16.5x. Therefore, it's imperative for management to execute very well moving forward. Otherwise, the risks for significant value compressions could potentially occur.</p><p><blockquote>此外,Unity股票的定价仍显着溢价。其EV/NTM收入为31.3倍,远高于高增长SaaS公司16.5倍的中值。因此,管理层必须在未来执行得非常好。否则,可能会出现价值大幅压缩的风险。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/32134bf7ef0916208beb58db317ea9de\" tg-width=\"640\" tg-height=\"384\" width=\"100%\" height=\"auto\"><span>Unity stock EV/NTM Revenue 1Y mean.</span></p><p><blockquote><p class=\"t-img-caption\"><span>Unity股票EV/NTM收入1年平均值。</span></p></blockquote></p><p> Unity stock is highly volatile. Therefore, we have added the stock in batches throughout the year as we believe its inherent volatility should continue to create attractive opportunities. Hence, we have not joined impatient investors adding through the momentum spikes.</p><p><blockquote>Unity股票波动很大。因此,我们全年分批增持该股,因为我们相信其固有的波动性应该会继续创造有吸引力的机会。因此,我们没有加入不耐烦的投资者的行列,通过势头飙升来增加。</blockquote></p><p> Nevertheless, Unity stock is trading near its 1Y revenue multiple mean. Despite that, it's clear that the stock is trading at a premium valuation.</p><p><blockquote>尽管如此,Unity股票的交易价格接近其1年收入倍数平均值。尽管如此,很明显,该股的交易估值较高。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/e2cf9d3632332048d967b44d16e34369\" tg-width=\"640\" tg-height=\"396\" width=\"100%\" height=\"auto\"><span>Unity revenue and adjusted EBITDA margins. Data source: S&P Capital IQ</span></p><p><blockquote><p class=\"t-img-caption\"><span>Unity收入和调整后EBITDA利润率。数据来源:标普资本智商</span></p></blockquote></p><p></p><p> However, investors should note that Unity is estimated to gain significant operating leverage moving forward. Its top line is expected to increase at a CAGR of about 33% over the next three years (FY20-23). However, its adjusted EBITDA margin is projected to reach 7.3% in FY23, from -3.3% in the last FY. Hence, investors should start to pay more attention to Unity's bottom line growth moving forward. The company could begin gaining tremendous leverage and turn profitable on an adjusted EBITDA basis.</p><p><blockquote>然而,投资者应注意,Unity预计未来将获得巨大的运营杠杆。预计未来三年(20-23财年)其营收将以约33%的复合年增长率增长。然而,其在2023财年的调整后EBITDA利润率预计将从上一财年的-3.3%达到7.3%。因此,投资者应该开始更多地关注Unity未来的利润增长。该公司可能会开始获得巨大的杠杆作用,并在调整后的EBITDA基础上实现盈利。</blockquote></p><p> Consequently, we believe it's appropriate for us to apply a DCF valuation framework that accounts for its operating leverage moving forward. It would allow us to appreciate the impact of its profit drivers better.</p><p><blockquote>因此,我们认为应用DCF估值框架来考虑其未来的运营杠杆是合适的。这将使我们能够更好地了解其利润驱动因素的影响。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/8bb7ed09dd878907100b68112586567b\" tg-width=\"902\" tg-height=\"605\" width=\"100%\" height=\"auto\"><span>Unity stock DCF valuation model. Data source: S&P Capital IQ, company filings, author</span></p><p><blockquote><p class=\"t-img-caption\"><span>Unity股票DCF估值模型。数据来源:S&P Capital IQ,公司文件,作者</span></p></blockquote></p><p> Hence, Unity stock seems to be right in our fair value zone right now. Investors who need a more considerable margin of safety can continue to wait for a potentially deeper retracement. However, investors who have high conviction could use this opportunity to add exposure to a fantastic company.</p><p><blockquote>因此,Unity股票目前似乎处于我们的公允价值区域。需要更可观安全边际的投资者可以继续等待潜在更深的回撤。然而,有高度信念的投资者可以利用这个机会增加对一家出色公司的投资。</blockquote></p><p> Consequently,<i>we revise our rating on Unity stock to Buy</i>.</p><p><blockquote>因此,<i>我们将Unity股票评级调整为买入</i>.</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>Unity Stock: If You Have Been Waiting, The Time Has Come To Buy<blockquote>Unity股票:如果您一直在等待,现在是买入的时候了</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\">\nUnity Stock: If You Have Been Waiting, The Time Has Come To Buy<blockquote>Unity股票:如果您一直在等待,现在是买入的时候了</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Seeking Alpha</strong><span class=\"h-time small\">2021-12-27 15:11</span>\n</p>\n</h4>\n</header>\n<article>\n<p><b>Summary</b></p><p><blockquote><b>总结</b></blockquote></p><p> <ul> <li>Unity is the leading engine in real-time 3D for gaming creators. Moreover, its use cases have expanded beyond gaming.</li> <li>It recently closed its Weta Digital acquisition. We believe the deal is transformative.</li> <li>Its stock has also dropped 30% from its all-time high following its momentum spike.</li> <li>We discuss why we think investors can consider the opportunity to buy now.</li> </ul> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/eb000e942dc4b466fc45e2c1073f83b3\" tg-width=\"1536\" tg-height=\"1024\" width=\"100%\" height=\"auto\"><span>Sundry Photography/iStock Editorial via Getty Images</span></p><p><blockquote><ul><li>Unity是游戏创作者实时3D的领先引擎。此外,它的用例已经扩展到游戏之外。</li><li>它最近完成了对维塔数码的收购。我们相信这笔交易具有变革性。</li><li>在势头飙升后,其股价也较历史高点下跌了30%。</li><li>我们讨论为什么我们认为投资者现在可以考虑买入的机会。</li></ul><p class=\"t-img-caption\"><span>杂项摄影/iStock社论来自Getty Images</span></p></blockquote></p><p> <b>Investment Thesis</b></p><p><blockquote><b>投资论文</b></blockquote></p><p> Unity Software Inc. (U) stock suffered a well-deserved battering recently as sellers took control. The retracement knocked its price level back to more reasonable levels after dropping 30% from its all-time high. Impatient investors had driven the stock up as it reported robust earnings, coupled with the euphoria surrounding its Weta Digital acquisition. The bull-trap was well-laid by the market makers, and these investors have been given invaluable lessons about patience and valuation.</p><p><blockquote>随着卖家控制,Unity Software Inc.(U)的股票最近遭受了当之无愧的重创。此次回调将其价格水平从历史高点下跌30%后回落至更合理的水平。由于该公司公布了强劲的盈利,加上围绕收购维塔数码的兴奋情绪,不耐烦的投资者推动了该股上涨。做市商精心设计了牛市陷阱,这些投资者在耐心和估值方面得到了宝贵的教训。</blockquote></p><p> Nevertheless, we have been bullish on Unity stock throughout the year. Our bullish calls in May and June are still up 62% and 32%, respectively. However, we updated in a recent November article cautioning investors not to chase the hype and revised our rating to Neutral. The stock has fallen 20% since the article was published.</p><p><blockquote>尽管如此,我们全年一直看好Unity股票。我们5月和6月看涨的评级仍分别上涨62%和32%。然而,我们在最近11月的一篇文章中更新了警告投资者不要追逐炒作,并将我们的评级修改为中性。自文章发表以来,该股已下跌20%。</blockquote></p><p> Moreover, thanks to the steep retracement in growth stocks recently, we believe that the time has come for us to revisit our rating. We discuss why we think investors who have been biding their time can consider adding exposure.</p><p><blockquote>此外,由于近期成长股大幅回撤,我们认为是时候重新审视我们的评级了。我们讨论了为什么我们认为一直在等待时机的投资者可以考虑增加敞口。</blockquote></p><p> <b>U Stock YTD Performance</b></p><p><blockquote><b>U股年初至今表现</b></blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/24e18b8051240c38f096c7aff30cb51f\" tg-width=\"640\" tg-height=\"331\" width=\"100%\" height=\"auto\"><span>U stock YTD performance (as of 23 December' 21).</span></p><p><blockquote><p class=\"t-img-caption\"><span>U股票年初至今表现(截至21年12月23日)。</span></p></blockquote></p><p> Unity stock has had a disappointing year until its upward momentum started to recover in H2'21. We also saw the opportunity from its mispricing in May and June and thus encouraged investors to accumulate. The stock was on a steady climb towards its recovery until the momentum spike catapulted its YTD gain to 28% in November. However, the euphoria was short-lived as Unity stock's valuation returned to haunt investors who joined the \"spike bandwagon.\" After its recent retracement, the stock is back in the red for the year, with a YTD return of -5.2%, significantly underperforming the market.</p><p><blockquote>Unity股票经历了令人失望的一年,直到21年下半年开始恢复上涨势头。我们也从5月和6月的错误定价中看到了机会,从而鼓励投资者积累。该股一直在稳步回升,直到11月份势头飙升,年初至今涨幅达到28%。然而,这种兴奋是短暂的,因为Unity股票的估值重新困扰着加入“飙升潮流”的投资者。经过近期回调后,该股年内重回亏损状态,年初至今回报率为-5.2%,明显跑输大盘。</blockquote></p><p> <b>Why We are Turning Bullish On Unity Stock?</b></p><p><blockquote><b>为什么我们开始看好Unity股票?</b></blockquote></p><p> We took the opportunity to pare down our exposure in the recent spike and rotated to other undervalued growth stocks. However, we always intend to add exposure again when the euphoria has dissipated. Unity's robust FQ3 report card demonstrated that the company is still barely scratching the surface of its massive TAM, which expanded to $45B recently. The company has also completed its acquisition of Weta Digital on 1 December, as it works on integrating Weta Digital's unique technology stack into its offerings. The deal also brought 275 world-class engineers into Unity's payroll, which the company believes is some of the best talents that Weta Digital has recruited. Unity emphasized (edited): \"These 275 people, they're extraordinary. They're PhDs, research scientists. They've been focused on graphics research for 20 years. If you go to SIGGRAPH and look through papers… it just goes Weta, Weta, Weta.\"</p><p><blockquote>我们借此机会在最近的飙升中削减了敞口,并转向其他被低估的成长型股票。然而,当欣快感消散后,我们总是打算再次增加曝光。Unity强劲的第三季度成绩单表明,该公司仍仅触及其庞大TAM的表面,该TAM最近已扩大至45B美元。该公司还于12月1日完成了对维塔数码的收购,致力于将维塔数码独特的技术堆栈集成到其产品中。这笔交易还为Unity带来了275名世界级工程师,该公司认为这是维塔数码招募的最优秀的人才之一。Unity强调(编辑):“这275人,他们是非凡的。他们是博士,研究科学家。他们已经专注于图形研究20年了。如果你去SIGGRAPH浏览论文……它只是去Weta,Weta,Weta。”</blockquote></p><p> Therefore, we firmly believe that it's a transformative acquisition for Unity. Creators have already used the company's solutions across multiple industries, most notably in gaming. In addition, the company has documented numerous industrial and commercial use cases as enterprise customers realize the power of its real-time 3D engine.</p><p><blockquote>因此,我们坚信这是Unity的一次变革性收购。创作者已经在多个行业使用了该公司的解决方案,尤其是在游戏领域。此外,随着企业客户认识到其实时3D引擎的强大功能,该公司还记录了大量工业和商业用例。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/878e57a9fe0cb69914c0f7f253b774f1\" tg-width=\"640\" tg-height=\"396\" width=\"100%\" height=\"auto\"><span>Unity enterprise customers. Data source: Company filings</span></p><p><blockquote><p class=\"t-img-caption\"><span>Unity企业客户。数据来源:公司备案</span></p></blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/eb656e9fcbf3fc8a38a59165058c147f\" tg-width=\"640\" tg-height=\"396\" width=\"100%\" height=\"auto\"><span>Unity dollar-based net expansion rate. Data source: Company filings</span></p><p><blockquote><p class=\"t-img-caption\"><span>以单位美元为基础的净膨胀率。数据来源:公司备案</span></p></blockquote></p><p> Consequently, Unity continues to experience stellar growth in its enterprise base. Its enterprise customer grew from just 553 in FQ3'19 to 973 in FQ3'21, representing a CAGR of 32.7%. Moreover, its customers continue to expand their use cases consistently. As a result, its net expansion rate has maintained around 140% over time. Therefore, the company has sustained robust monetization in its Operate solutions while driving new use cases through its Create solutions.</p><p><blockquote>因此,Unity的企业基础继续实现强劲增长。其企业客户从19年第三季度的553家增长到21年第三季度的973家,复合年增长率为32.7%。此外,其客户继续不断扩展他们的用例。因此,随着时间的推移,其净扩张率一直保持在140%左右。因此,该公司在其运营解决方案中保持了强劲的货币化,同时通过其创建解决方案推动了新的用例。</blockquote></p><p></p><p> While it's still early to determine the expansion of new or expanded use cases linked to Weta's technology stack, Unity is confident that it can leverage strongly. In addition, it has an eye on the multi-trillion-dollar metaverse, as it aims to be one of the critical engines for creators. Unity General Manager Marc Whitten emphasized (edited):</p><p><blockquote>虽然现在确定与Weta技术堆栈相关的新的或扩展的用例的扩展还为时过早,但Unity有信心它可以强有力地利用。此外,它还着眼于价值数万亿美元的元宇宙,因为它的目标是成为创作者的关键引擎之一。Unity总经理Marc Whitten强调(编辑):</blockquote></p><p> The key for me - I strongly believe, whatever word you want to use for <i>the metaverse, it's going to need more 3D content</i>. It's going to need an <i>extraordinary increase in the number of people capable of building in 3D</i>. Certainly from a Unity perspective, we really started thinking hard about how we could build something that democratizes content creation. Between Unity and Weta, we had the tools to do something extraordinary. You have this set of people at Weta who had built the most spectacular tools ever for 3D content creation that had never been productized. And then you have Unity, where our bread and butter is packaging and democratizing tools and making them more accessible. It became more and more clear that we could find the right transaction to make it happen. (VentureBeat) It's also essential for readers to note Weta's highly scalable tools. Unity articulated that Weta has an \"incredibly forward-looking architectural approach.\" They use \"one data model, one data river, and a set of tools that impact that. [It allows] individuals to see how things show up across multiple objects, or multiple artists to be able to collaborate and work in parallel and do amazing things around that.\" As a result, the company believes it can scale Weta's stack with its technology and extend the use cases well beyond gaming. CEO John Riccitiello added (edited):</p><p><blockquote>我的关键——我坚信,无论你想用什么词<i>元宇宙将需要更多3D内容</i>.它需要一个<i>能够进行3D建筑的人数大幅增加</i>当然,从Unity的角度来看,我们真的开始认真思考如何构建内容创作民主化的东西。在Unity和Weta之间,我们拥有了做一些非凡事情的工具。Weta有一群人,他们为从未产品化的3D内容创作构建了有史以来最壮观的工具。然后是Unity,我们的面包和黄油是包装和民主化工具,使它们更容易获得。越来越清楚的是,我们可以找到合适的交易来实现这一目标。(VentureBeat)读者还必须注意Weta的高度可扩展工具。Unity表示,Weta拥有“令人难以置信的前瞻性架构方法”。他们使用“一个数据模型、一个数据流以及一套工具来影响这个数据。它允许个人查看事物如何跨多个对象,或者多个艺术家能够协作并行地工作,并以此为背景做一些令人惊叹的事情。”因此,该公司相信它可以利用其技术扩展Weta的堆栈,并将用例扩展到游戏之外。首席执行官John Riccitiello补充道(编辑):</blockquote></p><p> I would expect the use cases to continue to grow. We see huge opportunities for us in media and entertainment, in games, adding more seats -- with artists. We believe there is an opportunity in architecture. We believe there are opportunities in automotive. So many, many different industries will continue to see growth. (Unity's FQ3'21 earnings call) We have always believed that Unity's engine is the world leader in real-time 3D. Moreover, it has proven its use cases well beyond gaming. Furthermore, the Weta deal demonstrates how management intends to further consolidate its leadership against its peers by taking its competitive moat a step further. We love companies that are relentless in their pursuit of innovation.</p><p><blockquote>我预计用例会继续增长。我们在媒体和娱乐、游戏、增加更多席位——与艺术家一起,看到了巨大的机会。我们相信建筑领域有机会。我们相信汽车行业存在机会。许多许多不同的行业将继续增长。(Unity 21年第三季度财报看涨期权)我们一直相信Unity的引擎是实时3D领域的全球领导者。此外,它已经证明了其用例远远超出了游戏。此外,Weta交易表明管理层打算如何通过进一步巩固其竞争护城河来进一步巩固其相对于同行的领导地位。我们喜欢不懈追求创新的公司。</blockquote></p><p> <b>Key Risks That Investors Should Consider?</b></p><p><blockquote><b>投资者应该考虑的主要风险?</b></blockquote></p><p> The transformative acquisition is not cheap. But it shouldn't be cheap for a tech stack of this scale. The company closed the deal with a mix of cash and stock that amounted to $1.625B. Moreover, the company recently announced $1.5B in convertible senior notes, which would partly be used to fund its acquisitions. Given that the company had minimal long-term debt ($124M in FQ3) compared to cash and short-term investments of $1.28B, the size of the debt offering is massive. Therefore, Weta's acquisition has introduced significant execution and balance sheet risks that Unity needs to manage well.</p><p><blockquote>变革性收购并不便宜。但对于这种规模的技术堆栈来说,它应该不便宜。该公司以现金和股票的组合完成了这笔交易,金额为$16.25 B。此外,该公司最近宣布发行15亿美元的可转换优先票据,其中部分将用于为其收购提供资金。鉴于该公司的长期债务很少(第三季度为1.24亿美元),而现金和短期投资为1.28 B美元,因此此次债务发行的规模巨大。因此,Weta的收购带来了Unity需要管理好的重大执行和资产负债表风险。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/93223041a6aea690d094bf9568d6ecfa\" tg-width=\"640\" tg-height=\"231\" width=\"100%\" height=\"auto\"><span>High-growth SaaS EV/NTM Revenue comps.</span></p><p><blockquote><p class=\"t-img-caption\"><span>高增长的SaaS EV/NTM收入比较。</span></p></blockquote></p><p> In addition, Unity stock is still priced at a significant premium. It is trading at an EV/NTM Revenue of 31.3x, well ahead of the high-growth SaaS comps median of 16.5x. Therefore, it's imperative for management to execute very well moving forward. Otherwise, the risks for significant value compressions could potentially occur.</p><p><blockquote>此外,Unity股票的定价仍显着溢价。其EV/NTM收入为31.3倍,远高于高增长SaaS公司16.5倍的中值。因此,管理层必须在未来执行得非常好。否则,可能会出现价值大幅压缩的风险。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/32134bf7ef0916208beb58db317ea9de\" tg-width=\"640\" tg-height=\"384\" width=\"100%\" height=\"auto\"><span>Unity stock EV/NTM Revenue 1Y mean.</span></p><p><blockquote><p class=\"t-img-caption\"><span>Unity股票EV/NTM收入1年平均值。</span></p></blockquote></p><p> Unity stock is highly volatile. Therefore, we have added the stock in batches throughout the year as we believe its inherent volatility should continue to create attractive opportunities. Hence, we have not joined impatient investors adding through the momentum spikes.</p><p><blockquote>Unity股票波动很大。因此,我们全年分批增持该股,因为我们相信其固有的波动性应该会继续创造有吸引力的机会。因此,我们没有加入不耐烦的投资者的行列,通过势头飙升来增加。</blockquote></p><p> Nevertheless, Unity stock is trading near its 1Y revenue multiple mean. Despite that, it's clear that the stock is trading at a premium valuation.</p><p><blockquote>尽管如此,Unity股票的交易价格接近其1年收入倍数平均值。尽管如此,很明显,该股的交易估值较高。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/e2cf9d3632332048d967b44d16e34369\" tg-width=\"640\" tg-height=\"396\" width=\"100%\" height=\"auto\"><span>Unity revenue and adjusted EBITDA margins. Data source: S&P Capital IQ</span></p><p><blockquote><p class=\"t-img-caption\"><span>Unity收入和调整后EBITDA利润率。数据来源:标普资本智商</span></p></blockquote></p><p></p><p> However, investors should note that Unity is estimated to gain significant operating leverage moving forward. Its top line is expected to increase at a CAGR of about 33% over the next three years (FY20-23). However, its adjusted EBITDA margin is projected to reach 7.3% in FY23, from -3.3% in the last FY. Hence, investors should start to pay more attention to Unity's bottom line growth moving forward. The company could begin gaining tremendous leverage and turn profitable on an adjusted EBITDA basis.</p><p><blockquote>然而,投资者应注意,Unity预计未来将获得巨大的运营杠杆。预计未来三年(20-23财年)其营收将以约33%的复合年增长率增长。然而,其在2023财年的调整后EBITDA利润率预计将从上一财年的-3.3%达到7.3%。因此,投资者应该开始更多地关注Unity未来的利润增长。该公司可能会开始获得巨大的杠杆作用,并在调整后的EBITDA基础上实现盈利。</blockquote></p><p> Consequently, we believe it's appropriate for us to apply a DCF valuation framework that accounts for its operating leverage moving forward. It would allow us to appreciate the impact of its profit drivers better.</p><p><blockquote>因此,我们认为应用DCF估值框架来考虑其未来的运营杠杆是合适的。这将使我们能够更好地了解其利润驱动因素的影响。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/8bb7ed09dd878907100b68112586567b\" tg-width=\"902\" tg-height=\"605\" width=\"100%\" height=\"auto\"><span>Unity stock DCF valuation model. Data source: S&P Capital IQ, company filings, author</span></p><p><blockquote><p class=\"t-img-caption\"><span>Unity股票DCF估值模型。数据来源:S&P Capital IQ,公司文件,作者</span></p></blockquote></p><p> Hence, Unity stock seems to be right in our fair value zone right now. Investors who need a more considerable margin of safety can continue to wait for a potentially deeper retracement. However, investors who have high conviction could use this opportunity to add exposure to a fantastic company.</p><p><blockquote>因此,Unity股票目前似乎处于我们的公允价值区域。需要更可观安全边际的投资者可以继续等待潜在更深的回撤。然而,有高度信念的投资者可以利用这个机会增加对一家出色公司的投资。</blockquote></p><p> Consequently,<i>we revise our rating on Unity stock to Buy</i>.</p><p><blockquote>因此,<i>我们将Unity股票评级调整为买入</i>.</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源:<a href=\"https://seekingalpha.com/article/4476859-unity-stock-time-to-buy\">Seeking Alpha</a></p>\n<p>为提升您的阅读体验,我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"U":"Unity Software Inc."},"source_url":"https://seekingalpha.com/article/4476859-unity-stock-time-to-buy","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1136351826","content_text":"Summary\n\nUnity is the leading engine in real-time 3D for gaming creators. Moreover, its use cases have expanded beyond gaming.\nIt recently closed its Weta Digital acquisition. We believe the deal is transformative.\nIts stock has also dropped 30% from its all-time high following its momentum spike.\nWe discuss why we think investors can consider the opportunity to buy now.\n\nSundry Photography/iStock Editorial via Getty Images\nInvestment Thesis\nUnity Software Inc. (U) stock suffered a well-deserved battering recently as sellers took control. The retracement knocked its price level back to more reasonable levels after dropping 30% from its all-time high. Impatient investors had driven the stock up as it reported robust earnings, coupled with the euphoria surrounding its Weta Digital acquisition. The bull-trap was well-laid by the market makers, and these investors have been given invaluable lessons about patience and valuation.\nNevertheless, we have been bullish on Unity stock throughout the year. Our bullish calls in May and June are still up 62% and 32%, respectively. However, we updated in a recent November article cautioning investors not to chase the hype and revised our rating to Neutral. The stock has fallen 20% since the article was published.\nMoreover, thanks to the steep retracement in growth stocks recently, we believe that the time has come for us to revisit our rating. We discuss why we think investors who have been biding their time can consider adding exposure.\nU Stock YTD Performance\nU stock YTD performance (as of 23 December' 21).\nUnity stock has had a disappointing year until its upward momentum started to recover in H2'21. We also saw the opportunity from its mispricing in May and June and thus encouraged investors to accumulate. The stock was on a steady climb towards its recovery until the momentum spike catapulted its YTD gain to 28% in November. However, the euphoria was short-lived as Unity stock's valuation returned to haunt investors who joined the \"spike bandwagon.\" After its recent retracement, the stock is back in the red for the year, with a YTD return of -5.2%, significantly underperforming the market.\nWhy We are Turning Bullish On Unity Stock?\nWe took the opportunity to pare down our exposure in the recent spike and rotated to other undervalued growth stocks. However, we always intend to add exposure again when the euphoria has dissipated. Unity's robust FQ3 report card demonstrated that the company is still barely scratching the surface of its massive TAM, which expanded to $45B recently. The company has also completed its acquisition of Weta Digital on 1 December, as it works on integrating Weta Digital's unique technology stack into its offerings. The deal also brought 275 world-class engineers into Unity's payroll, which the company believes is some of the best talents that Weta Digital has recruited. Unity emphasized (edited): \"These 275 people, they're extraordinary. They're PhDs, research scientists. They've been focused on graphics research for 20 years. If you go to SIGGRAPH and look through papers… it just goes Weta, Weta, Weta.\"\nTherefore, we firmly believe that it's a transformative acquisition for Unity. Creators have already used the company's solutions across multiple industries, most notably in gaming. In addition, the company has documented numerous industrial and commercial use cases as enterprise customers realize the power of its real-time 3D engine.\nUnity enterprise customers. Data source: Company filings\nUnity dollar-based net expansion rate. Data source: Company filings\nConsequently, Unity continues to experience stellar growth in its enterprise base. Its enterprise customer grew from just 553 in FQ3'19 to 973 in FQ3'21, representing a CAGR of 32.7%. Moreover, its customers continue to expand their use cases consistently. As a result, its net expansion rate has maintained around 140% over time. Therefore, the company has sustained robust monetization in its Operate solutions while driving new use cases through its Create solutions.\nWhile it's still early to determine the expansion of new or expanded use cases linked to Weta's technology stack, Unity is confident that it can leverage strongly. In addition, it has an eye on the multi-trillion-dollar metaverse, as it aims to be one of the critical engines for creators. Unity General Manager Marc Whitten emphasized (edited):\n\n The key for me - I strongly believe, whatever word you want to use for\n the metaverse, it's going to need more 3D content. It's going to need an\n extraordinary increase in the number of people capable of building in 3D. Certainly from a Unity perspective, we really started thinking hard about how we could build something that democratizes content creation. Between Unity and Weta, we had the tools to do something extraordinary. You have this set of people at Weta who had built the most spectacular tools ever for 3D content creation that had never been productized. And then you have Unity, where our bread and butter is packaging and democratizing tools and making them more accessible. It became more and more clear that we could find the right transaction to make it happen. (VentureBeat)\n\nIt's also essential for readers to note Weta's highly scalable tools. Unity articulated that Weta has an \"incredibly forward-looking architectural approach.\" They use \"one data model, one data river, and a set of tools that impact that. [It allows] individuals to see how things show up across multiple objects, or multiple artists to be able to collaborate and work in parallel and do amazing things around that.\" As a result, the company believes it can scale Weta's stack with its technology and extend the use cases well beyond gaming. CEO John Riccitiello added (edited):\n\n I would expect the use cases to continue to grow. We see huge opportunities for us in media and entertainment, in games, adding more seats -- with artists. We believe there is an opportunity in architecture. We believe there are opportunities in automotive. So many, many different industries will continue to see growth. (Unity's FQ3'21 earnings call)\n\nWe have always believed that Unity's engine is the world leader in real-time 3D. Moreover, it has proven its use cases well beyond gaming. Furthermore, the Weta deal demonstrates how management intends to further consolidate its leadership against its peers by taking its competitive moat a step further. We love companies that are relentless in their pursuit of innovation.\nKey Risks That Investors Should Consider?\nThe transformative acquisition is not cheap. But it shouldn't be cheap for a tech stack of this scale. The company closed the deal with a mix of cash and stock that amounted to $1.625B. Moreover, the company recently announced $1.5B in convertible senior notes, which would partly be used to fund its acquisitions. Given that the company had minimal long-term debt ($124M in FQ3) compared to cash and short-term investments of $1.28B, the size of the debt offering is massive. Therefore, Weta's acquisition has introduced significant execution and balance sheet risks that Unity needs to manage well.\nHigh-growth SaaS EV/NTM Revenue comps.\nIn addition, Unity stock is still priced at a significant premium. It is trading at an EV/NTM Revenue of 31.3x, well ahead of the high-growth SaaS comps median of 16.5x. Therefore, it's imperative for management to execute very well moving forward. Otherwise, the risks for significant value compressions could potentially occur.\nUnity stock EV/NTM Revenue 1Y mean.\nUnity stock is highly volatile. Therefore, we have added the stock in batches throughout the year as we believe its inherent volatility should continue to create attractive opportunities. Hence, we have not joined impatient investors adding through the momentum spikes.\nNevertheless, Unity stock is trading near its 1Y revenue multiple mean. Despite that, it's clear that the stock is trading at a premium valuation.\nUnity revenue and adjusted EBITDA margins. Data source: S&P Capital IQ\nHowever, investors should note that Unity is estimated to gain significant operating leverage moving forward. Its top line is expected to increase at a CAGR of about 33% over the next three years (FY20-23). However, its adjusted EBITDA margin is projected to reach 7.3% in FY23, from -3.3% in the last FY. Hence, investors should start to pay more attention to Unity's bottom line growth moving forward. The company could begin gaining tremendous leverage and turn profitable on an adjusted EBITDA basis.\nConsequently, we believe it's appropriate for us to apply a DCF valuation framework that accounts for its operating leverage moving forward. It would allow us to appreciate the impact of its profit drivers better.\nUnity stock DCF valuation model. Data source: S&P Capital IQ, company filings, author\nHence, Unity stock seems to be right in our fair value zone right now. Investors who need a more considerable margin of safety can continue to wait for a potentially deeper retracement. However, investors who have high conviction could use this opportunity to add exposure to a fantastic company.\nConsequently,we revise our rating on Unity stock to Buy.","news_type":1,"symbols_score_info":{"U":0.9}},"isVote":1,"tweetType":1,"viewCount":3614,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":696907310,"gmtCreate":1640589965952,"gmtModify":1640589975560,"author":{"id":"3580988274582448","authorId":"3580988274582448","name":"DragonKing","avatar":"https://static.tigerbbs.com/999074a932b6e7b44c07fcebc581aacb","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3580988274582448","authorIdStr":"3580988274582448"},"themes":[],"htmlText":"All in.","listText":"All in.","text":"All in.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/696907310","repostId":"1115384970","repostType":4,"isVote":1,"tweetType":1,"viewCount":3638,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":698465891,"gmtCreate":1640498424628,"gmtModify":1640498424997,"author":{"id":"3580988274582448","authorId":"3580988274582448","name":"DragonKing","avatar":"https://static.tigerbbs.com/999074a932b6e7b44c07fcebc581aacb","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3580988274582448","authorIdStr":"3580988274582448"},"themes":[],"htmlText":"In. Like pls.","listText":"In. Like pls.","text":"In. Like pls.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/698465891","repostId":"2193033173","repostType":4,"isVote":1,"tweetType":1,"viewCount":3115,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":698465393,"gmtCreate":1640498357563,"gmtModify":1640498357961,"author":{"id":"3580988274582448","authorId":"3580988274582448","name":"DragonKing","avatar":"https://static.tigerbbs.com/999074a932b6e7b44c07fcebc581aacb","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3580988274582448","authorIdStr":"3580988274582448"},"themes":[],"htmlText":"Yeah","listText":"Yeah","text":"Yeah","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/698465393","repostId":"1144001147","repostType":4,"repost":{"id":"1144001147","kind":"news","pubTimestamp":1640485026,"share":"https://www.laohu8.com/m/news/1144001147?lang=zh_CN&edition=full","pubTime":"2021-12-26 10:17","market":"us","language":"en","title":"A Year After Announcing a Big Partnership, Ocugen Is in a Sorry State<blockquote>宣布大合作伙伴关系一年后,Ocugen的处境很糟糕</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1144001147","media":"InvestorPlace","summary":"In the last year, Ocugen(NASDAQ:OCGN) stock is still among the top performers. During this period, t","content":"<p><div> In the last year, Ocugen(NASDAQ:OCGN) stock is still among the top performers. During this period, the stock has surged by over 500%. The stock’s ascent began after Dec. 21, 2020 — starting from there...</p><p><blockquote><div>去年,Ocugen(纳斯达克股票代码:OCGN)股票仍然是表现最好的股票之一。在此期间,该股已大涨超500%。该股的上涨始于2020年12月21日之后——从那里开始……</div></blockquote></p><p> <a href=\"https://investorplace.com/2021/12/a-year-after-its-big-partnership-with-bharat-ocgn-stock-is-in-a-sorry-state/\">网页链接</a> </div> </p><p><blockquote><a href=\"https://investorplace.com/2021/12/a-year-after-its-big-partnership-with-bharat-ocgn-stock-is-in-a-sorry-state/\">网页连接</a></blockquote></p><p></p>","source":"lsy1606302653667","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>A Year After Announcing a Big Partnership, Ocugen Is in a Sorry State<blockquote>宣布大合作伙伴关系一年后,Ocugen的处境很糟糕</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\">\nA Year After Announcing a Big Partnership, Ocugen Is in a Sorry State<blockquote>宣布大合作伙伴关系一年后,Ocugen的处境很糟糕</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">InvestorPlace</strong><span class=\"h-time small\">2021-12-26 10:17</span>\n</p>\n</h4>\n</header>\n<article>\n<p><div> In the last year, Ocugen(NASDAQ:OCGN) stock is still among the top performers. During this period, the stock has surged by over 500%. The stock’s ascent began after Dec. 21, 2020 — starting from there...</p><p><blockquote><div>去年,Ocugen(纳斯达克股票代码:OCGN)股票仍然是表现最好的股票之一。在此期间,该股已大涨超500%。该股的上涨始于2020年12月21日之后——从那里开始……</div></blockquote></p><p> <a href=\"https://investorplace.com/2021/12/a-year-after-its-big-partnership-with-bharat-ocgn-stock-is-in-a-sorry-state/\">网页链接</a> </div> </p><p><blockquote><a href=\"https://investorplace.com/2021/12/a-year-after-its-big-partnership-with-bharat-ocgn-stock-is-in-a-sorry-state/\">网页连接</a></blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源:<a href=\"https://investorplace.com/2021/12/a-year-after-its-big-partnership-with-bharat-ocgn-stock-is-in-a-sorry-state/\">InvestorPlace</a></p>\n<p>为提升您的阅读体验,我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"OCGN":"Ocugen"},"source_url":"https://investorplace.com/2021/12/a-year-after-its-big-partnership-with-bharat-ocgn-stock-is-in-a-sorry-state/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1144001147","content_text":"In the last year, Ocugen(NASDAQ:OCGN) stock is still among the top performers. During this period, the stock has surged by over 500%. The stock’s ascent began after Dec. 21, 2020 — starting from there, the stock is up over 1,600%.\nHowever, it’s worth noting that OCGN stock was trading well below one dollar before it stitched a partnership with Bharat Biotech. The companies announced plans to begin manufacturing Covid-19 vaccines in the U.S. on Dec. 22 last year.\nBeyond the news of this partnership, there has been little to cheer for investors. OCGN stock traded at all-time highs of $18.77 in February and reached slightly lower peaks in May and November. The stock traded at $5.12 at the start of Dec. 23.\nOcugen will continue to underperform going forward. Even after the downtrend in the last few months, OCGN stock should be avoided.\nLet’s talk about the reasons to be bearish.\nFDA Approval Remains Elusive\nPfizer(NYSE:PFE) and Moderna(NASDAQ:MRNA) have been leaders in the vaccine race in the U.S. In a country where more than 70% of the population has already been vaccinated, Ocugen has yet to secure an approval from the U.S. Food and Drug Administration.\nBack in June, the biotech company’s application for emergency use authorization was rejected by the FDA. The recommendation by the FDA was to file for a biologics license application, which implies full approval.\nIn November, Ocugen announced that the FDA has “issued a clinical hold on the Company’s Investigational New Drug application (IND) to evaluate the COVID-19 vaccine candidate.” The FDA will be identifying the specific deficiencies that form a basis for the clinical hold. Once Ocugen addresses these deficiencies, there will be some progress.\nThe key point is that it’s been over a year since Ocugen announced the partnership with Bharat Biotech. The company has still been unsuccessful from an approval perspective.\nIn July, Ocugen had also initiated a rolling submission to Health Canada for the vaccine. There is no positive news on that front either.\nLet’s imagine a scenario where Ocugen receives an approval for vaccine use in Q1 2022. This is very unlikely. However, even in an optimistic case scenario, Ocugen needs to compete in a market where vaccination percentage is high. There is unlikely to be a case for strong revenue and cash flow growth.\nCan Omicron Provide a Lifeline for OCGN Stock?\nThe omicron variant has been a cause of concern for governments globally. Ocugen and partner Bharat Biotech are currently studying the effectiveness of the vaccine against the variant.\nIf the vaccine proves to be effective, can it be a game-changer for Ocugen? Most likely, no.\nFirst and foremost, Moderna has announced that its Covid-19 booster increases neutralizing antibodies 37-fold against Omicron variant.\nFurthermore, Pfizer has announced that a third dose increases the “neutralizing antibody by 25-fold compared to two doses against the Omicron variant.”\nClearly, the leading vaccine makers have an edge. Even if Ocugen announces that its vaccine is effective against the omicron variant, the stock is unlikely to trend higher.\nPeople who have already taken two shots of Moderna or Pfizer are unlikely to pursue a booster shot with Ocugen. Additionally, Ocugen is still struggling for approval.\nIt’s also worth noting that Ocugen needs to share revenue with Bharat Biotech. The visibility for healthy cash flows is therefore very unlikely.\nOCGN Stock Will Trend Lower\nOCGN stock is likely to continue trending lower in the coming months. Without an approval, the company is rapidly losing out on any revenue and cash flow potential.\nThe company is building a pipeline of drugs for various indications. However, the pipeline for various indications is still at a pre-clinical stage.\nThe stock trend will therefore be dictated by the outcome of Covid-19 vaccine approval and revenue potential. Things seem bleak on that front.\nIt also seems unlikely that Ocugen has a capability to expand the vaccine partnership with Bharat Biotech to other countries.","news_type":1,"symbols_score_info":{"OCGN":0.9}},"isVote":1,"tweetType":1,"viewCount":3390,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":698122582,"gmtCreate":1640323440813,"gmtModify":1640323441182,"author":{"id":"3580988274582448","authorId":"3580988274582448","name":"DragonKing","avatar":"https://static.tigerbbs.com/999074a932b6e7b44c07fcebc581aacb","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3580988274582448","authorIdStr":"3580988274582448"},"themes":[],"htmlText":"All in.","listText":"All in.","text":"All in.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/698122582","repostId":"1105709224","repostType":4,"repost":{"id":"1105709224","kind":"news","pubTimestamp":1640322562,"share":"https://www.laohu8.com/m/news/1105709224?lang=zh_CN&edition=full","pubTime":"2021-12-24 13:09","market":"us","language":"en","title":"Will Netflix Stock Hit $700 in 2022?<blockquote>Netflix股价会在2022年达到700美元吗?</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1105709224","media":"Motley Fool","summary":"Up just 17% in 2021, this streaming innovator might be poised for a huge run next year.","content":"<p><b>Key Points</b></p><p><blockquote><b>要点</b></blockquote></p><p> <ul> <li>Netflix was one of the biggest winners in 2020 during the depth of the pandemic, but things have been different this year.</li> <li>The streaming company's production studios are largely up and running worldwide, increasing the likelihood of a normalized content slate in 2022.</li> <li>If Netflix adds customers next year in line with historical growth, the stock should reach $700.</li> </ul> One of the biggest winners of the coronavirus pandemic was <b>Netflix</b> (NASDAQ:NFLX). This top media business saw its stock price soar 67% in 2020, supported by a growing user base. With people stuck at home, the company experienced pulled-forward demand last year.</p><p><blockquote><ul><li>在疫情最严重的时期,Netflix是2020年最大的赢家之一,但今年情况有所不同。</li><li>这家流媒体公司的制作工作室大部分已在全球范围内建立并运行,这增加了2022年内容正常化的可能性。</li><li>如果Netflix明年增加的客户数量与历史增长一致,该股应该会达到700美元。</li></ul>冠状病毒大流行的最大赢家之一是<b>Netflix</b>(纳斯达克:NFLX)。在不断增长的用户群的支持下,这家顶级媒体企业的股价在2020年飙升了67%。由于人们被困在家里,该公司去年经历了需求的拉动。</blockquote></p><p> During the first nine months of 2021, however, Netflix added just 10 million subscribers, and the stock has significantly trailed the <b>S&P 500</b> this year. The streaming industry is becoming increasingly crowded with new rivals coming to market, and with economies slowly opening back up, consumers want to enjoy other leisure activities.</p><p><blockquote>然而,2021年前9个月,Netflix仅增加了1000万订阅用户,该股大幅落后于<b>标普500</b>今年。随着新的竞争对手进入市场,流媒体行业变得越来越拥挤,随着经济慢慢恢复开放,消费者希望享受其他休闲活动。</blockquote></p><p> What does next year hold? Can Netflix's stock price reach $700 at some point in 2022? Let's find out.</p><p><blockquote>明年会发生什么?Netflix的股价能否在2022年某个时候达到700美元?让我们一探究竟。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/9f33834bd990b835cdac9f1e5c18110a\" tg-width=\"2000\" tg-height=\"1448\" width=\"100%\" height=\"auto\"><span>IMAGE SOURCE: GETTY IMAGES.</span></p><p><blockquote><p class=\"t-img-caption\"><span>图片来源:盖蒂图片社。</span></p></blockquote></p><p> <b>Productions are up and running</b></p><p><blockquote><b>生产已启动并运行</b></blockquote></p><p> The pandemic caused major production delays in 2020, leading to a lighter content slate for Netflix at the beginning of this year. Therefore, it shouldn't surprise anyone that membership growth in the first half of 2021 was weak.</p><p><blockquote>疫情在2020年造成了重大的制作延迟,导致今年年初网飞的内容变得更加轻松。因此,2021年上半年会员增长疲软不应让任何人感到惊讶。</blockquote></p><p> But management has said that productions are largely back up and running. The company is currently producing local content in 45 different countries. As my colleague Adam Levy points out, streaming services need to introduce new hit series to gain new customers.</p><p><blockquote>但管理层表示,生产已基本恢复运行。该公司目前在45个不同的国家制作本地内容。正如我的同事亚当·利维(Adam Levy)指出的那样,流媒体服务需要推出新的热门剧集来获得新客户。</blockquote></p><p> And this costs money. Luckily for Netflix, it has deep pockets and will end 2021 having spent $17 billion in cash on content. Management expects the current three-month period to be the strongest fourth-quarter content offering ever, something that will help bring new customers to the service.</p><p><blockquote>这是要花钱的。对Netflix来说幸运的是,它财力雄厚,到2021年底将在内容上花费170亿美元现金。管理层预计,当前的三个月将是有史以来最强劲的第四季度内容提供,这将有助于为该服务带来新客户。</blockquote></p><p> \"Assuming no new COVID waves or unforeseen events that result in large-scale production shutdowns, we currently anticipate a more normalized content slate in 2022, with a greater number of originals in 2022 vs. 2021,\" the leadership team highlighted in the Q3 shareholder letter.</p><p><blockquote>领导团队在第三季度股东信中强调:“假设没有新的COVID浪潮或不可预见的事件导致大规模生产停工,我们目前预计2022年的内容列表将更加正常化,2022年的原创数量将比2021年更多。”</blockquote></p><p> When it comes to Netflix, Wall Street unsurprisingly fixates on one data point above all else: subscriber growth. This drives the stock price. Having fresh shows and movies on tap for 2022 will help expand the user base, which supports revenue and profit growth.</p><p><blockquote>当谈到Netflix时,华尔街不出所料地关注一个数据点:用户增长。这推动了股价。2022年推出新节目和电影将有助于扩大用户群,从而支持收入和利润增长。</blockquote></p><p> <b>Don't count this winner out</b></p><p><blockquote><b>不要把这个赢家排除在外</b></blockquote></p><p> I think it's completely realistic for Netflix to reach $700 a share by the end of 2022. Based on Dec. 21's closing stock price of $605, this would imply a roughly 16% appreciation.</p><p><blockquote>我认为Netflix到2022年底达到每股700美元是完全现实的。根据12月21日605美元的收盘价计算,这意味着上涨约16%。</blockquote></p><p> After a couple of lumpy years, I think it's fair to assume that Netflix can add 25 million subscribers in 2022. This is in line with the growth in recent years, in the range of 25 million to 30 million member additions per year. Including estimates for the fourth quarter of 2021 and all of next year, the business should end 2022 with approximately 247 million customers.</p><p><blockquote>经过几年的坎坷,我认为可以公平地假设Netflix可以在2022年增加2500万用户。这与近年来每年增加2500万至3000万会员的增长一致。包括对2021年第四季度和明年全年的估计,该业务到2022年底将拥有约2.47亿客户。</blockquote></p><p> Now, what the stock price does depends on how much Netflix's results can surprise Wall Street to the upside. With <b>Walt Disney</b>'s Disney+ service reporting disappointing subscriber growth of 2.1 million in its latest fiscal quarter, I suspect the sentiment for streaming companies is weak heading into the new year. Moreover, reopening economies add pessimism for streaming services, which tend to benefit from lockdowns and anti-pandemic policies.</p><p><blockquote>现在,股价走势取决于Netflix的业绩能给华尔街带来多大惊喜。与<b>迪斯尼</b>Disney+服务报告称,最近一个财季的订户增长了210万,令人失望,我怀疑流媒体公司在进入新的一年时的情绪疲软。此外,经济重新开放加剧了流媒体服务的悲观情绪,这些服务往往受益于封锁和抗疫政策。</blockquote></p><p> Therefore, if Netflix increases its customer base by 25 million next year, which is outstanding growth in any case, I see the stock rising meaningfully. What's more, expanding profitability and positive free cash flow in 2022 will boost optimism surrounding the business.</p><p><blockquote>因此,如果Netflix明年的客户群增加2500万(无论如何这都是出色的增长),我认为该股将大幅上涨。更重要的是,2022年盈利能力的扩大和正的自由现金流将提振人们对该业务的乐观情绪。</blockquote></p><p> Analysts forecast Netflix's earnings to grow 23% in 2022. Even if the current price-to-earnings ratio of 55 comes down slightly, the stock will likely hit $700 in 12 months. Factoring in the likelihood of positive surprises when the company reports quarterly results throughout the year, $700 per share might be a conservative price target.</p><p><blockquote>分析师预测Netflix 2022年盈利将增长23%。即使目前55的市盈率略有下降,该股也可能在12个月内触及700美元。考虑到公司全年公布季度业绩时可能出现积极惊喜的可能性,每股700美元可能是一个保守的目标价。</blockquote></p><p> Even a more mature Netflix can provide outstanding returns for shareholders in 2022.</p><p><blockquote>即使是更成熟的奈飞,也能在2022年为股东提供出色的回报。</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>Will Netflix Stock Hit $700 in 2022?<blockquote>Netflix股价会在2022年达到700美元吗?</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\">\nWill Netflix Stock Hit $700 in 2022?<blockquote>Netflix股价会在2022年达到700美元吗?</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Motley Fool</strong><span class=\"h-time small\">2021-12-24 13:09</span>\n</p>\n</h4>\n</header>\n<article>\n<p><b>Key Points</b></p><p><blockquote><b>要点</b></blockquote></p><p> <ul> <li>Netflix was one of the biggest winners in 2020 during the depth of the pandemic, but things have been different this year.</li> <li>The streaming company's production studios are largely up and running worldwide, increasing the likelihood of a normalized content slate in 2022.</li> <li>If Netflix adds customers next year in line with historical growth, the stock should reach $700.</li> </ul> One of the biggest winners of the coronavirus pandemic was <b>Netflix</b> (NASDAQ:NFLX). This top media business saw its stock price soar 67% in 2020, supported by a growing user base. With people stuck at home, the company experienced pulled-forward demand last year.</p><p><blockquote><ul><li>在疫情最严重的时期,Netflix是2020年最大的赢家之一,但今年情况有所不同。</li><li>这家流媒体公司的制作工作室大部分已在全球范围内建立并运行,这增加了2022年内容正常化的可能性。</li><li>如果Netflix明年增加的客户数量与历史增长一致,该股应该会达到700美元。</li></ul>冠状病毒大流行的最大赢家之一是<b>Netflix</b>(纳斯达克:NFLX)。在不断增长的用户群的支持下,这家顶级媒体企业的股价在2020年飙升了67%。由于人们被困在家里,该公司去年经历了需求的拉动。</blockquote></p><p> During the first nine months of 2021, however, Netflix added just 10 million subscribers, and the stock has significantly trailed the <b>S&P 500</b> this year. The streaming industry is becoming increasingly crowded with new rivals coming to market, and with economies slowly opening back up, consumers want to enjoy other leisure activities.</p><p><blockquote>然而,2021年前9个月,Netflix仅增加了1000万订阅用户,该股大幅落后于<b>标普500</b>今年。随着新的竞争对手进入市场,流媒体行业变得越来越拥挤,随着经济慢慢恢复开放,消费者希望享受其他休闲活动。</blockquote></p><p> What does next year hold? Can Netflix's stock price reach $700 at some point in 2022? Let's find out.</p><p><blockquote>明年会发生什么?Netflix的股价能否在2022年某个时候达到700美元?让我们一探究竟。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/9f33834bd990b835cdac9f1e5c18110a\" tg-width=\"2000\" tg-height=\"1448\" width=\"100%\" height=\"auto\"><span>IMAGE SOURCE: GETTY IMAGES.</span></p><p><blockquote><p class=\"t-img-caption\"><span>图片来源:盖蒂图片社。</span></p></blockquote></p><p> <b>Productions are up and running</b></p><p><blockquote><b>生产已启动并运行</b></blockquote></p><p> The pandemic caused major production delays in 2020, leading to a lighter content slate for Netflix at the beginning of this year. Therefore, it shouldn't surprise anyone that membership growth in the first half of 2021 was weak.</p><p><blockquote>疫情在2020年造成了重大的制作延迟,导致今年年初网飞的内容变得更加轻松。因此,2021年上半年会员增长疲软不应让任何人感到惊讶。</blockquote></p><p> But management has said that productions are largely back up and running. The company is currently producing local content in 45 different countries. As my colleague Adam Levy points out, streaming services need to introduce new hit series to gain new customers.</p><p><blockquote>但管理层表示,生产已基本恢复运行。该公司目前在45个不同的国家制作本地内容。正如我的同事亚当·利维(Adam Levy)指出的那样,流媒体服务需要推出新的热门剧集来获得新客户。</blockquote></p><p> And this costs money. Luckily for Netflix, it has deep pockets and will end 2021 having spent $17 billion in cash on content. Management expects the current three-month period to be the strongest fourth-quarter content offering ever, something that will help bring new customers to the service.</p><p><blockquote>这是要花钱的。对Netflix来说幸运的是,它财力雄厚,到2021年底将在内容上花费170亿美元现金。管理层预计,当前的三个月将是有史以来最强劲的第四季度内容提供,这将有助于为该服务带来新客户。</blockquote></p><p> \"Assuming no new COVID waves or unforeseen events that result in large-scale production shutdowns, we currently anticipate a more normalized content slate in 2022, with a greater number of originals in 2022 vs. 2021,\" the leadership team highlighted in the Q3 shareholder letter.</p><p><blockquote>领导团队在第三季度股东信中强调:“假设没有新的COVID浪潮或不可预见的事件导致大规模生产停工,我们目前预计2022年的内容列表将更加正常化,2022年的原创数量将比2021年更多。”</blockquote></p><p> When it comes to Netflix, Wall Street unsurprisingly fixates on one data point above all else: subscriber growth. This drives the stock price. Having fresh shows and movies on tap for 2022 will help expand the user base, which supports revenue and profit growth.</p><p><blockquote>当谈到Netflix时,华尔街不出所料地关注一个数据点:用户增长。这推动了股价。2022年推出新节目和电影将有助于扩大用户群,从而支持收入和利润增长。</blockquote></p><p> <b>Don't count this winner out</b></p><p><blockquote><b>不要把这个赢家排除在外</b></blockquote></p><p> I think it's completely realistic for Netflix to reach $700 a share by the end of 2022. Based on Dec. 21's closing stock price of $605, this would imply a roughly 16% appreciation.</p><p><blockquote>我认为Netflix到2022年底达到每股700美元是完全现实的。根据12月21日605美元的收盘价计算,这意味着上涨约16%。</blockquote></p><p> After a couple of lumpy years, I think it's fair to assume that Netflix can add 25 million subscribers in 2022. This is in line with the growth in recent years, in the range of 25 million to 30 million member additions per year. Including estimates for the fourth quarter of 2021 and all of next year, the business should end 2022 with approximately 247 million customers.</p><p><blockquote>经过几年的坎坷,我认为可以公平地假设Netflix可以在2022年增加2500万用户。这与近年来每年增加2500万至3000万会员的增长一致。包括对2021年第四季度和明年全年的估计,该业务到2022年底将拥有约2.47亿客户。</blockquote></p><p> Now, what the stock price does depends on how much Netflix's results can surprise Wall Street to the upside. With <b>Walt Disney</b>'s Disney+ service reporting disappointing subscriber growth of 2.1 million in its latest fiscal quarter, I suspect the sentiment for streaming companies is weak heading into the new year. Moreover, reopening economies add pessimism for streaming services, which tend to benefit from lockdowns and anti-pandemic policies.</p><p><blockquote>现在,股价走势取决于Netflix的业绩能给华尔街带来多大惊喜。与<b>迪斯尼</b>Disney+服务报告称,最近一个财季的订户增长了210万,令人失望,我怀疑流媒体公司在进入新的一年时的情绪疲软。此外,经济重新开放加剧了流媒体服务的悲观情绪,这些服务往往受益于封锁和抗疫政策。</blockquote></p><p> Therefore, if Netflix increases its customer base by 25 million next year, which is outstanding growth in any case, I see the stock rising meaningfully. What's more, expanding profitability and positive free cash flow in 2022 will boost optimism surrounding the business.</p><p><blockquote>因此,如果Netflix明年的客户群增加2500万(无论如何这都是出色的增长),我认为该股将大幅上涨。更重要的是,2022年盈利能力的扩大和正的自由现金流将提振人们对该业务的乐观情绪。</blockquote></p><p> Analysts forecast Netflix's earnings to grow 23% in 2022. Even if the current price-to-earnings ratio of 55 comes down slightly, the stock will likely hit $700 in 12 months. Factoring in the likelihood of positive surprises when the company reports quarterly results throughout the year, $700 per share might be a conservative price target.</p><p><blockquote>分析师预测Netflix 2022年盈利将增长23%。即使目前55的市盈率略有下降,该股也可能在12个月内触及700美元。考虑到公司全年公布季度业绩时可能出现积极惊喜的可能性,每股700美元可能是一个保守的目标价。</blockquote></p><p> Even a more mature Netflix can provide outstanding returns for shareholders in 2022.</p><p><blockquote>即使是更成熟的奈飞,也能在2022年为股东提供出色的回报。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源:<a href=\"https://www.fool.com/investing/2021/12/23/will-netflix-stock-hit-700-in-2022/\">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":{"NFLX":"奈飞"},"source_url":"https://www.fool.com/investing/2021/12/23/will-netflix-stock-hit-700-in-2022/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1105709224","content_text":"Key Points\n\nNetflix was one of the biggest winners in 2020 during the depth of the pandemic, but things have been different this year.\nThe streaming company's production studios are largely up and running worldwide, increasing the likelihood of a normalized content slate in 2022.\nIf Netflix adds customers next year in line with historical growth, the stock should reach $700.\n\nOne of the biggest winners of the coronavirus pandemic was Netflix (NASDAQ:NFLX). This top media business saw its stock price soar 67% in 2020, supported by a growing user base. With people stuck at home, the company experienced pulled-forward demand last year.\nDuring the first nine months of 2021, however, Netflix added just 10 million subscribers, and the stock has significantly trailed the S&P 500 this year. The streaming industry is becoming increasingly crowded with new rivals coming to market, and with economies slowly opening back up, consumers want to enjoy other leisure activities.\nWhat does next year hold? Can Netflix's stock price reach $700 at some point in 2022? Let's find out.\nIMAGE SOURCE: GETTY IMAGES.\nProductions are up and running\nThe pandemic caused major production delays in 2020, leading to a lighter content slate for Netflix at the beginning of this year. Therefore, it shouldn't surprise anyone that membership growth in the first half of 2021 was weak.\nBut management has said that productions are largely back up and running. The company is currently producing local content in 45 different countries. As my colleague Adam Levy points out, streaming services need to introduce new hit series to gain new customers.\nAnd this costs money. Luckily for Netflix, it has deep pockets and will end 2021 having spent $17 billion in cash on content. Management expects the current three-month period to be the strongest fourth-quarter content offering ever, something that will help bring new customers to the service.\n\"Assuming no new COVID waves or unforeseen events that result in large-scale production shutdowns, we currently anticipate a more normalized content slate in 2022, with a greater number of originals in 2022 vs. 2021,\" the leadership team highlighted in the Q3 shareholder letter.\nWhen it comes to Netflix, Wall Street unsurprisingly fixates on one data point above all else: subscriber growth. This drives the stock price. Having fresh shows and movies on tap for 2022 will help expand the user base, which supports revenue and profit growth.\nDon't count this winner out\nI think it's completely realistic for Netflix to reach $700 a share by the end of 2022. Based on Dec. 21's closing stock price of $605, this would imply a roughly 16% appreciation.\nAfter a couple of lumpy years, I think it's fair to assume that Netflix can add 25 million subscribers in 2022. This is in line with the growth in recent years, in the range of 25 million to 30 million member additions per year. Including estimates for the fourth quarter of 2021 and all of next year, the business should end 2022 with approximately 247 million customers.\nNow, what the stock price does depends on how much Netflix's results can surprise Wall Street to the upside. With Walt Disney's Disney+ service reporting disappointing subscriber growth of 2.1 million in its latest fiscal quarter, I suspect the sentiment for streaming companies is weak heading into the new year. Moreover, reopening economies add pessimism for streaming services, which tend to benefit from lockdowns and anti-pandemic policies.\nTherefore, if Netflix increases its customer base by 25 million next year, which is outstanding growth in any case, I see the stock rising meaningfully. What's more, expanding profitability and positive free cash flow in 2022 will boost optimism surrounding the business.\nAnalysts forecast Netflix's earnings to grow 23% in 2022. Even if the current price-to-earnings ratio of 55 comes down slightly, the stock will likely hit $700 in 12 months. Factoring in the likelihood of positive surprises when the company reports quarterly results throughout the year, $700 per share might be a conservative price target.\nEven a more mature Netflix can provide outstanding returns for shareholders in 2022.","news_type":1,"symbols_score_info":{"NFLX":0.9}},"isVote":1,"tweetType":1,"viewCount":3118,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":698122240,"gmtCreate":1640323421437,"gmtModify":1640323424232,"author":{"id":"3580988274582448","authorId":"3580988274582448","name":"DragonKing","avatar":"https://static.tigerbbs.com/999074a932b6e7b44c07fcebc581aacb","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3580988274582448","authorIdStr":"3580988274582448"},"themes":[],"htmlText":"Like pls","listText":"Like pls","text":"Like pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":4,"repostSize":0,"link":"https://laohu8.com/post/698122240","repostId":"1105843279","repostType":4,"isVote":1,"tweetType":1,"viewCount":4290,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":698122681,"gmtCreate":1640323409041,"gmtModify":1640323423877,"author":{"id":"3580988274582448","authorId":"3580988274582448","name":"DragonKing","avatar":"https://static.tigerbbs.com/999074a932b6e7b44c07fcebc581aacb","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3580988274582448","authorIdStr":"3580988274582448"},"themes":[],"htmlText":"Down please...","listText":"Down please...","text":"Down please...","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/698122681","repostId":"2193078140","repostType":4,"isVote":1,"tweetType":1,"viewCount":4194,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":698992799,"gmtCreate":1640272280029,"gmtModify":1640272280385,"author":{"id":"3580988274582448","authorId":"3580988274582448","name":"DragonKing","avatar":"https://static.tigerbbs.com/999074a932b6e7b44c07fcebc581aacb","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3580988274582448","authorIdStr":"3580988274582448"},"themes":[],"htmlText":"Yeah. Like pls.","listText":"Yeah. Like pls.","text":"Yeah. Like pls.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/698992799","repostId":"1152565085","repostType":4,"isVote":1,"tweetType":1,"viewCount":992,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":698992578,"gmtCreate":1640272265143,"gmtModify":1640272265499,"author":{"id":"3580988274582448","authorId":"3580988274582448","name":"DragonKing","avatar":"https://static.tigerbbs.com/999074a932b6e7b44c07fcebc581aacb","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3580988274582448","authorIdStr":"3580988274582448"},"themes":[],"htmlText":"Wow. Like pls.","listText":"Wow. Like pls.","text":"Wow. Like pls.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/698992578","repostId":"1177863167","repostType":4,"repost":{"id":"1177863167","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":1640270946,"share":"https://www.laohu8.com/m/news/1177863167?lang=zh_CN&edition=full","pubTime":"2021-12-23 22:49","market":"us","language":"en","title":"Tencent ADR rose more than 4% in early trading<blockquote>腾讯控股ADR早盘涨超4%</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1177863167","media":"Tiger Newspress","summary":"Tencent ADR rose more than 4% in early trading.Tencent said on Thursday it will transfer HK$127.69 b","content":"<p>Tencent ADR rose more than 4% in early trading.<img src=\"https://static.tigerbbs.com/5c64eef1168fcdac16b6cdfe487310c5\" tg-width=\"707\" tg-height=\"595\" width=\"100%\" height=\"auto\">Tencent said on Thursday it will transfer HK$127.69 billion ($16.37 billion) worth of its JD.com stake to shareholders, slashing its holding in China's second-biggest e-commerce company to 2.3% from around 17% now and losing its spot as JD.com's biggest shareholder to Walmart(WMT.N).</p><p><blockquote>腾讯控股ADR早盘涨超4%。腾讯控股周四表示,将把价值1276.9亿港元(合163.7亿美元)的京东股份转让给股东,将其在这家中国第二大电子商务公司的持股比例从目前的17%左右削减至2.3%,并失去京东最大股东的地位。沃尔玛(WMT.N)。</blockquote></p><p> The owner of WeChat, which first invested in JD.com in 2014, said it was the right time for the divestment, given the e-commerce firm had reached a stage where it can self-finance its growth.</p><p><blockquote>2014年首次投资京东的微信所有者表示,鉴于这家电子商务公司已经达到了可以自筹资金增长的阶段,现在是撤资的最佳时机。</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>Tencent ADR rose more than 4% in early trading<blockquote>腾讯控股ADR早盘涨超4%</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\">\nTencent ADR rose more than 4% in early trading<blockquote>腾讯控股ADR早盘涨超4%</blockquote>\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time smaller\">2021-12-23 22:49</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>Tencent ADR rose more than 4% in early trading.<img src=\"https://static.tigerbbs.com/5c64eef1168fcdac16b6cdfe487310c5\" tg-width=\"707\" tg-height=\"595\" width=\"100%\" height=\"auto\">Tencent said on Thursday it will transfer HK$127.69 billion ($16.37 billion) worth of its JD.com stake to shareholders, slashing its holding in China's second-biggest e-commerce company to 2.3% from around 17% now and losing its spot as JD.com's biggest shareholder to Walmart(WMT.N).</p><p><blockquote>腾讯控股ADR早盘涨超4%。腾讯控股周四表示,将把价值1276.9亿港元(合163.7亿美元)的京东股份转让给股东,将其在这家中国第二大电子商务公司的持股比例从目前的17%左右削减至2.3%,并失去京东最大股东的地位。沃尔玛(WMT.N)。</blockquote></p><p> The owner of WeChat, which first invested in JD.com in 2014, said it was the right time for the divestment, given the e-commerce firm had reached a stage where it can self-finance its growth.</p><p><blockquote>2014年首次投资京东的微信所有者表示,鉴于这家电子商务公司已经达到了可以自筹资金增长的阶段,现在是撤资的最佳时机。</blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TCEHY":"腾讯控股ADR","00700":"腾讯控股"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1177863167","content_text":"Tencent ADR rose more than 4% in early trading.Tencent said on Thursday it will transfer HK$127.69 billion ($16.37 billion) worth of its JD.com stake to shareholders, slashing its holding in China's second-biggest e-commerce company to 2.3% from around 17% now and losing its spot as JD.com's biggest shareholder to Walmart(WMT.N).\nThe owner of WeChat, which first invested in JD.com in 2014, said it was the right time for the divestment, given the e-commerce firm had reached a stage where it can self-finance its growth.","news_type":1,"symbols_score_info":{"00700":0.9,"TCEHY":0.9}},"isVote":1,"tweetType":1,"viewCount":935,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":691232429,"gmtCreate":1640192834063,"gmtModify":1640192834450,"author":{"id":"3580988274582448","authorId":"3580988274582448","name":"DragonKing","avatar":"https://static.tigerbbs.com/999074a932b6e7b44c07fcebc581aacb","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3580988274582448","authorIdStr":"3580988274582448"},"themes":[],"htmlText":"Like pls","listText":"Like pls","text":"Like pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/691232429","repostId":"1122126959","repostType":4,"isVote":1,"tweetType":1,"viewCount":1201,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":693739959,"gmtCreate":1640076247790,"gmtModify":1640076248184,"author":{"id":"3580988274582448","authorId":"3580988274582448","name":"DragonKing","avatar":"https://static.tigerbbs.com/999074a932b6e7b44c07fcebc581aacb","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3580988274582448","authorIdStr":"3580988274582448"},"themes":[],"htmlText":"Ok.","listText":"Ok.","text":"Ok.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/693739959","repostId":"1183383514","repostType":4,"repost":{"id":"1183383514","kind":"news","weMediaInfo":{"introduction":"Stock Market Quotes, Business News, Financial News, Trading Ideas, and Stock Research by Professionals","home_visible":0,"media_name":"Benzinga","id":"1052270027","head_image":"https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa"},"pubTimestamp":1640074073,"share":"https://www.laohu8.com/m/news/1183383514?lang=zh_CN&edition=full","pubTime":"2021-12-21 16:07","market":"us","language":"en","title":"Tesla, AMC And This Chipmaker Are Seeing The Highest Interest On WallStreetBets Today<blockquote>特斯拉、AMC和这家芯片制造商今天对WallStreetBets的兴趣最高</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1183383514","media":"Benzinga","summary":"Electric vehicle maker Tesla Inc. has emerged as the most-discussed stock on Reddit’s r/WallStreetBe","content":"<p>Electric vehicle maker Tesla Inc. has emerged as the most-discussed stock on Reddit’s r/WallStreetBets forum as of early Tuesday.</p><p><blockquote>截至周二早些时候,电动汽车制造商特斯拉公司已成为Reddit r/WallStreetBets论坛上讨论最多的股票。</blockquote></p><p> What Happened: Exchange-traded fund SPDR S&P 500 ETF Trust is seeing the highest interest on the forum with 632 mentions as at press time, followed by Tesla with 203 mentions, data from Quiver Quantitative showed.</p><p><blockquote>发生了什么:Quiver Quantitative的数据显示,截至发稿时,交易所交易基金SPDR标普500 ETF Trust在论坛上的兴趣最高,被提及632次,其次是特斯拉,被提及203次。</blockquote></p><p> Movie theatre chain AMC Entertainment Holdings Inc. and chipmaker Micron Technology Inc. are in the third and fourth positions, having attracted 128 and 114 mentions, respectively.</p><p><blockquote>连锁电影院AMC院线控股公司和芯片制造商美光科技公司分列第三和第四位,分别吸引了128次和114次提及。</blockquote></p><p> Why It Matters: Tesla’s shares fell on Monday along with the shares of other electric vehicle companies after President Joe Biden’s ‘Build Back Better’ plan, which includes significant incentives for the EV sector, suffered a setback.</p><p><blockquote>重要原因:在总统乔·拜登的“重建得更好”计划(其中包括对电动汽车行业的重大激励措施)遭遇挫折后,特斯拉的股价周一与其他电动汽车公司的股价一起下跌。</blockquote></p><p> Senator <b>Joe Manchin</b>(D-W.Va.) announced on Sunday that he will not support the plan.</p><p><blockquote>参议员<b>乔·曼钦</b>(D-W.Va.)周日宣布,他不会支持该计划。</blockquote></p><p> Micron Technology is seeing high interest on the forum after the memory-chip maker reported better-than-expected earnings results for the first quarter.</p><p><blockquote>在存储芯片制造商美光科技公布好于预期的第一季度盈利业绩后,该论坛引起了人们的高度关注。</blockquote></p><p> <b>Price Action</b>: Tesla shares closed 3.5% lower in Monday’s regular trading session at $29.12, but rose 0.4% in the after-hours session to $903.50.</p><p><blockquote><b>价格行为</b>:特斯拉股价在周一常规交易时段收盘下跌3.5%,至29.12美元,但在盘后交易时段上涨0.4%,至903.50美元。</blockquote></p><p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Tesla, AMC And This Chipmaker Are Seeing The Highest Interest On WallStreetBets Today<blockquote>特斯拉、AMC和这家芯片制造商今天对WallStreetBets的兴趣最高</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTesla, AMC And This Chipmaker Are Seeing The Highest Interest On WallStreetBets Today<blockquote>特斯拉、AMC和这家芯片制造商今天对WallStreetBets的兴趣最高</blockquote>\n</h2>\n<h4 class=\"meta\">\n<div class=\"head\" \">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Benzinga </p>\n<p class=\"h-time smaller\">2021-12-21 16:07</p>\n</div>\n</div>\n</h4>\n</header>\n<article>\n<p>Electric vehicle maker Tesla Inc. has emerged as the most-discussed stock on Reddit’s r/WallStreetBets forum as of early Tuesday.</p><p><blockquote>截至周二早些时候,电动汽车制造商特斯拉公司已成为Reddit r/WallStreetBets论坛上讨论最多的股票。</blockquote></p><p> What Happened: Exchange-traded fund SPDR S&P 500 ETF Trust is seeing the highest interest on the forum with 632 mentions as at press time, followed by Tesla with 203 mentions, data from Quiver Quantitative showed.</p><p><blockquote>发生了什么:Quiver Quantitative的数据显示,截至发稿时,交易所交易基金SPDR标普500 ETF Trust在论坛上的兴趣最高,被提及632次,其次是特斯拉,被提及203次。</blockquote></p><p> Movie theatre chain AMC Entertainment Holdings Inc. and chipmaker Micron Technology Inc. are in the third and fourth positions, having attracted 128 and 114 mentions, respectively.</p><p><blockquote>连锁电影院AMC院线控股公司和芯片制造商美光科技公司分列第三和第四位,分别吸引了128次和114次提及。</blockquote></p><p> Why It Matters: Tesla’s shares fell on Monday along with the shares of other electric vehicle companies after President Joe Biden’s ‘Build Back Better’ plan, which includes significant incentives for the EV sector, suffered a setback.</p><p><blockquote>重要原因:在总统乔·拜登的“重建得更好”计划(其中包括对电动汽车行业的重大激励措施)遭遇挫折后,特斯拉的股价周一与其他电动汽车公司的股价一起下跌。</blockquote></p><p> Senator <b>Joe Manchin</b>(D-W.Va.) announced on Sunday that he will not support the plan.</p><p><blockquote>参议员<b>乔·曼钦</b>(D-W.Va.)周日宣布,他不会支持该计划。</blockquote></p><p> Micron Technology is seeing high interest on the forum after the memory-chip maker reported better-than-expected earnings results for the first quarter.</p><p><blockquote>在存储芯片制造商美光科技公布好于预期的第一季度盈利业绩后,该论坛引起了人们的高度关注。</blockquote></p><p> <b>Price Action</b>: Tesla shares closed 3.5% lower in Monday’s regular trading session at $29.12, but rose 0.4% in the after-hours session to $903.50.</p><p><blockquote><b>价格行为</b>:特斯拉股价在周一常规交易时段收盘下跌3.5%,至29.12美元,但在盘后交易时段上涨0.4%,至903.50美元。</blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AMC":"AMC院线","TSLA":"特斯拉","MU":"美光科技"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1183383514","content_text":"Electric vehicle maker Tesla Inc. has emerged as the most-discussed stock on Reddit’s r/WallStreetBets forum as of early Tuesday.\nWhat Happened: Exchange-traded fund SPDR S&P 500 ETF Trust is seeing the highest interest on the forum with 632 mentions as at press time, followed by Tesla with 203 mentions, data from Quiver Quantitative showed.\nMovie theatre chain AMC Entertainment Holdings Inc. and chipmaker Micron Technology Inc. are in the third and fourth positions, having attracted 128 and 114 mentions, respectively.\nWhy It Matters: Tesla’s shares fell on Monday along with the shares of other electric vehicle companies after President Joe Biden’s ‘Build Back Better’ plan, which includes significant incentives for the EV sector, suffered a setback.\nSenator Joe Manchin(D-W.Va.) announced on Sunday that he will not support the plan.\nMicron Technology is seeing high interest on the forum after the memory-chip maker reported better-than-expected earnings results for the first quarter.\nPrice Action: Tesla shares closed 3.5% lower in Monday’s regular trading session at $29.12, but rose 0.4% in the after-hours session to $903.50.","news_type":1,"symbols_score_info":{"AMC":0.9,"MU":0.9,"TSLA":0.9}},"isVote":1,"tweetType":1,"viewCount":1253,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":693835361,"gmtCreate":1639997968263,"gmtModify":1639997969710,"author":{"id":"3580988274582448","authorId":"3580988274582448","name":"DragonKing","avatar":"https://static.tigerbbs.com/999074a932b6e7b44c07fcebc581aacb","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3580988274582448","authorIdStr":"3580988274582448"},"themes":[],"htmlText":"Omg!","listText":"Omg!","text":"Omg!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/693835361","repostId":"1108294147","repostType":4,"repost":{"id":"1108294147","kind":"news","pubTimestamp":1639996490,"share":"https://www.laohu8.com/m/news/1108294147?lang=zh_CN&edition=full","pubTime":"2021-12-20 18:34","market":"us","language":"en","title":"U.S. Stock Futures, Oil Prices Slump on Omicron Curbs<blockquote>美国股指期货、油价因奥密克戎限制措施暴跌</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1108294147","media":"Wall Street Journal","summary":"U.S. stock futures, oil prices and bond yields fell as investors worried that a rise in Omicron Covi","content":"<p>U.S. stock futures, oil prices and bond yields fell as investors worried that a rise in Omicron Covid-19 cases would stall economic growth and add pressure to inflation.</p><p><blockquote>美国股指期货、油价和债券收益率下跌,因投资者担心奥密克戎新冠肺炎病例上升将使经济增长停滞,并增加通胀压力。</blockquote></p><p> Futures for the S&P 500 tumbled 1.8% Monday. The index fell Friday, notching its largest weekly percentage decline in three weeks. Contracts for the tech-focused Nasdaq-100 shed 1.7% Monday, and futures for the Dow Jones Industrial Average declined 1.7%.</p><p><blockquote>标普500期货周一下跌1.8%。该指数周五下跌,创下三周来最大单周百分比跌幅。以科技股为主的纳斯达克100指数合约周一下跌1.7%,道琼斯工业平均指数期货下跌1.7%。</blockquote></p><p> Some countries are imposing restrictions to stem the spread of the Omicron variant as the holiday season starts. The Netherlands on Sunday reimposed a lockdown, with all nonessential shops, bars and restaurants closed until mid-January. Irish Prime Minister Micheál Martin also announced new restrictions. President Biden plans to deliver an update Tuesday on the fight against Covid-19 in the U.S., where cases are rising.</p><p><blockquote>随着假期的开始,一些国家正在实施限制措施,以阻止奥密克戎变种的传播。荷兰周日重新实施封锁,所有非必需品商店、酒吧和餐馆关闭至一月中旬。爱尔兰总理迈克尔·马丁也宣布了新的限制措施。拜登总统计划周二发布美国抗击新冠肺炎的最新情况,美国的病例正在上升。</blockquote></p><p> The rise in infections has prompted concerns that a new wave is likely to prolong supply-chain disruptions that have elevated inflation.</p><p><blockquote>感染人数的上升引发了人们的担忧,即新一波感染可能会延长导致通胀上升的供应链中断。</blockquote></p><p> “We’re really seeing Omicron spread like wildfire, and it’s weighing on sentiment,” said Esty Dwek, chief investment officer at FlowBank. “You’re seeing lockdowns instigated in Europe. You’re seeing more and more restrictions and the number of cases is going up so much that even if it’s less severe it could lead to more hospitalizations,” which are likely to cause new restrictions that will weigh on growth, she added.</p><p><blockquote>FlowBank首席投资官Esty Dwek表示:“我们确实看到奥密克戎像野火一样蔓延,这给市场情绪带来了压力。”“你会看到欧洲发起封锁。你会看到越来越多的限制,病例数量上升如此之多,即使不那么严重,也可能导致更多人住院治疗,”这可能会导致新的限制她补充说,这将拖累增长。</blockquote></p><p> Oil prices fell amid concerns that the spread of the Omicron variant could hurt global economic growth and crimp oil demand. Brent crude futures, the benchmark in global oil markets, declined 5.1% to $69.78 a barrel.</p><p><blockquote>由于担心奥密克戎变种病毒的传播可能损害全球经济增长并抑制石油需求,油价下跌。全球石油市场基准布伦特原油期货下跌5.1%,至每桶69.78美元。</blockquote></p><p> In bond markets, the yield on the benchmark 10-year Treasury note ticked down to 1.368% Monday from 1.401% Friday. Investors tend to buy government bonds, seen as one of the safest assets to hold, in times of uncertainty, causing bond prices to rise and yields to fall.</p><p><blockquote>在债券市场,基准10年期国债收益率从周五的1.401%降至周一的1.368%。在不确定时期,投资者倾向于购买被视为最安全资产之一的政府债券,导致债券价格上涨,收益率下降。</blockquote></p><p> The Cboe Volatility Index—Wall Street’s so-called fear gauge, also known as the VIX—ticked up to 27.20, its highest level in two weeks.</p><p><blockquote>芝加哥期权交易所波动率指数(华尔街所谓的恐惧指标,也称为VIX)升至27.20,为两周以来的最高水平。</blockquote></p><p> In premarket trading, shares of cruise companies sank, with Norwegian Cruise Line and Carnival down more than 5% each. Shares of energy companies slipped alongside oil prices. Occidental Petroleum shares fell 5.4% and Marathon Oil declined 4.7%.</p><p><blockquote>盘前交易中,邮轮公司股价下跌,挪威邮轮公司和嘉年华公司股价均下跌超过5%。能源公司股价随油价下跌。西方石油公司股价下跌5.4%,马拉松石油公司股价下跌4.7%。</blockquote></p><p> Portfolio managers whose performance is assessed on a year-over-year basis are also likely closing out their positions and locking in gains after a strong year in markets. Despite recent market volatility, the S&P 500 is up more than 20% this year.</p><p><blockquote>在经历了强劲的一年后,对业绩进行同比评估的投资组合经理也可能会平仓并锁定收益。尽管最近市场波动,但标普500今年仍上涨了20%以上。</blockquote></p><p> Also weighing on sentiment, Sen. Joe Manchin (D., W.Va.) said he would oppose his party’s roughly $2 trillion education, healthcare and climate package, likely dooming the centerpiece of Mr. Biden’s economic agenda as currently written.</p><p><blockquote>西弗吉尼亚州民主党参议员乔·曼钦(Joe Manchin)表示,他将反对该党约2万亿美元的教育、医疗和气候一揽子计划,这可能会破坏拜登目前经济议程的核心。</blockquote></p><p> Overseas, the pan-continental Stoxx Europe 600 tumbled 2.5%. Shares of U.K. food-delivery companyDeliverooadded 3.5% in London trading.</p><p><blockquote>海外方面,泛大陆斯托克欧洲600指数下跌2.5%。英国食品配送公司Deliveroo的股价在伦敦交易中上涨3.5%。</blockquote></p><p> Major indexes in Asia closed lower. South Korea’s Kospi contracted 1.8% and Japan’s Nikkei 225 shed 2.1%. Hong Kong’s flagship Hang Seng Index fell 1.9% to its lowest closing level since March 2020, according to FactSet.</p><p><blockquote>亚洲主要股指收跌。韩国综合指数下跌1.8%,日本日经225指数下跌2.1%。FactSet的数据显示,香港旗舰恒生指数下跌1.9%,至2020年3月以来的最低收盘水平。</blockquote></p><p> China’s Shanghai Composite declined 1.1%. China’s central bank cut the one-year loan prime rate amid a slowing economy that has been dragged by a slump in the property sector.</p><p><blockquote>中国上证综指下跌1.1%。在房地产行业低迷拖累经济放缓之际,中国央行下调了一年期贷款最优惠利率。</blockquote></p><p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>U.S. Stock Futures, Oil Prices Slump on Omicron Curbs<blockquote>美国股指期货、油价因奥密克戎限制措施暴跌</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nU.S. Stock Futures, Oil Prices Slump on Omicron Curbs<blockquote>美国股指期货、油价因奥密克戎限制措施暴跌</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Wall Street Journal</strong><span class=\"h-time small\">2021-12-20 18:34</span>\n</p>\n</h4>\n</header>\n<article>\n<p>U.S. stock futures, oil prices and bond yields fell as investors worried that a rise in Omicron Covid-19 cases would stall economic growth and add pressure to inflation.</p><p><blockquote>美国股指期货、油价和债券收益率下跌,因投资者担心奥密克戎新冠肺炎病例上升将使经济增长停滞,并增加通胀压力。</blockquote></p><p> Futures for the S&P 500 tumbled 1.8% Monday. The index fell Friday, notching its largest weekly percentage decline in three weeks. Contracts for the tech-focused Nasdaq-100 shed 1.7% Monday, and futures for the Dow Jones Industrial Average declined 1.7%.</p><p><blockquote>标普500期货周一下跌1.8%。该指数周五下跌,创下三周来最大单周百分比跌幅。以科技股为主的纳斯达克100指数合约周一下跌1.7%,道琼斯工业平均指数期货下跌1.7%。</blockquote></p><p> Some countries are imposing restrictions to stem the spread of the Omicron variant as the holiday season starts. The Netherlands on Sunday reimposed a lockdown, with all nonessential shops, bars and restaurants closed until mid-January. Irish Prime Minister Micheál Martin also announced new restrictions. President Biden plans to deliver an update Tuesday on the fight against Covid-19 in the U.S., where cases are rising.</p><p><blockquote>随着假期的开始,一些国家正在实施限制措施,以阻止奥密克戎变种的传播。荷兰周日重新实施封锁,所有非必需品商店、酒吧和餐馆关闭至一月中旬。爱尔兰总理迈克尔·马丁也宣布了新的限制措施。拜登总统计划周二发布美国抗击新冠肺炎的最新情况,美国的病例正在上升。</blockquote></p><p> The rise in infections has prompted concerns that a new wave is likely to prolong supply-chain disruptions that have elevated inflation.</p><p><blockquote>感染人数的上升引发了人们的担忧,即新一波感染可能会延长导致通胀上升的供应链中断。</blockquote></p><p> “We’re really seeing Omicron spread like wildfire, and it’s weighing on sentiment,” said Esty Dwek, chief investment officer at FlowBank. “You’re seeing lockdowns instigated in Europe. You’re seeing more and more restrictions and the number of cases is going up so much that even if it’s less severe it could lead to more hospitalizations,” which are likely to cause new restrictions that will weigh on growth, she added.</p><p><blockquote>FlowBank首席投资官Esty Dwek表示:“我们确实看到奥密克戎像野火一样蔓延,这给市场情绪带来了压力。”“你会看到欧洲发起封锁。你会看到越来越多的限制,病例数量上升如此之多,即使不那么严重,也可能导致更多人住院治疗,”这可能会导致新的限制她补充说,这将拖累增长。</blockquote></p><p> Oil prices fell amid concerns that the spread of the Omicron variant could hurt global economic growth and crimp oil demand. Brent crude futures, the benchmark in global oil markets, declined 5.1% to $69.78 a barrel.</p><p><blockquote>由于担心奥密克戎变种病毒的传播可能损害全球经济增长并抑制石油需求,油价下跌。全球石油市场基准布伦特原油期货下跌5.1%,至每桶69.78美元。</blockquote></p><p> In bond markets, the yield on the benchmark 10-year Treasury note ticked down to 1.368% Monday from 1.401% Friday. Investors tend to buy government bonds, seen as one of the safest assets to hold, in times of uncertainty, causing bond prices to rise and yields to fall.</p><p><blockquote>在债券市场,基准10年期国债收益率从周五的1.401%降至周一的1.368%。在不确定时期,投资者倾向于购买被视为最安全资产之一的政府债券,导致债券价格上涨,收益率下降。</blockquote></p><p> The Cboe Volatility Index—Wall Street’s so-called fear gauge, also known as the VIX—ticked up to 27.20, its highest level in two weeks.</p><p><blockquote>芝加哥期权交易所波动率指数(华尔街所谓的恐惧指标,也称为VIX)升至27.20,为两周以来的最高水平。</blockquote></p><p> In premarket trading, shares of cruise companies sank, with Norwegian Cruise Line and Carnival down more than 5% each. Shares of energy companies slipped alongside oil prices. Occidental Petroleum shares fell 5.4% and Marathon Oil declined 4.7%.</p><p><blockquote>盘前交易中,邮轮公司股价下跌,挪威邮轮公司和嘉年华公司股价均下跌超过5%。能源公司股价随油价下跌。西方石油公司股价下跌5.4%,马拉松石油公司股价下跌4.7%。</blockquote></p><p> Portfolio managers whose performance is assessed on a year-over-year basis are also likely closing out their positions and locking in gains after a strong year in markets. Despite recent market volatility, the S&P 500 is up more than 20% this year.</p><p><blockquote>在经历了强劲的一年后,对业绩进行同比评估的投资组合经理也可能会平仓并锁定收益。尽管最近市场波动,但标普500今年仍上涨了20%以上。</blockquote></p><p> Also weighing on sentiment, Sen. Joe Manchin (D., W.Va.) said he would oppose his party’s roughly $2 trillion education, healthcare and climate package, likely dooming the centerpiece of Mr. Biden’s economic agenda as currently written.</p><p><blockquote>西弗吉尼亚州民主党参议员乔·曼钦(Joe Manchin)表示,他将反对该党约2万亿美元的教育、医疗和气候一揽子计划,这可能会破坏拜登目前经济议程的核心。</blockquote></p><p> Overseas, the pan-continental Stoxx Europe 600 tumbled 2.5%. Shares of U.K. food-delivery companyDeliverooadded 3.5% in London trading.</p><p><blockquote>海外方面,泛大陆斯托克欧洲600指数下跌2.5%。英国食品配送公司Deliveroo的股价在伦敦交易中上涨3.5%。</blockquote></p><p> Major indexes in Asia closed lower. South Korea’s Kospi contracted 1.8% and Japan’s Nikkei 225 shed 2.1%. Hong Kong’s flagship Hang Seng Index fell 1.9% to its lowest closing level since March 2020, according to FactSet.</p><p><blockquote>亚洲主要股指收跌。韩国综合指数下跌1.8%,日本日经225指数下跌2.1%。FactSet的数据显示,香港旗舰恒生指数下跌1.9%,至2020年3月以来的最低收盘水平。</blockquote></p><p> China’s Shanghai Composite declined 1.1%. China’s central bank cut the one-year loan prime rate amid a slowing economy that has been dragged by a slump in the property sector.</p><p><blockquote>中国上证综指下跌1.1%。在房地产行业低迷拖累经济放缓之际,中国央行下调了一年期贷款最优惠利率。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源:<a href=\"https://www.wsj.com/articles/global-stock-markets-dow-update-12-20-2021-11639989846?mod=markets_lead_pos1\">Wall Street Journal</a></p>\n<p>为提升您的阅读体验,我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯",".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite"},"source_url":"https://www.wsj.com/articles/global-stock-markets-dow-update-12-20-2021-11639989846?mod=markets_lead_pos1","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1108294147","content_text":"U.S. stock futures, oil prices and bond yields fell as investors worried that a rise in Omicron Covid-19 cases would stall economic growth and add pressure to inflation.\nFutures for the S&P 500 tumbled 1.8% Monday. The index fell Friday, notching its largest weekly percentage decline in three weeks. Contracts for the tech-focused Nasdaq-100 shed 1.7% Monday, and futures for the Dow Jones Industrial Average declined 1.7%.\nSome countries are imposing restrictions to stem the spread of the Omicron variant as the holiday season starts. The Netherlands on Sunday reimposed a lockdown, with all nonessential shops, bars and restaurants closed until mid-January. Irish Prime Minister Micheál Martin also announced new restrictions. President Biden plans to deliver an update Tuesday on the fight against Covid-19 in the U.S., where cases are rising.\nThe rise in infections has prompted concerns that a new wave is likely to prolong supply-chain disruptions that have elevated inflation.\n“We’re really seeing Omicron spread like wildfire, and it’s weighing on sentiment,” said Esty Dwek, chief investment officer at FlowBank. “You’re seeing lockdowns instigated in Europe. You’re seeing more and more restrictions and the number of cases is going up so much that even if it’s less severe it could lead to more hospitalizations,” which are likely to cause new restrictions that will weigh on growth, she added.\nOil prices fell amid concerns that the spread of the Omicron variant could hurt global economic growth and crimp oil demand. Brent crude futures, the benchmark in global oil markets, declined 5.1% to $69.78 a barrel.\nIn bond markets, the yield on the benchmark 10-year Treasury note ticked down to 1.368% Monday from 1.401% Friday. Investors tend to buy government bonds, seen as one of the safest assets to hold, in times of uncertainty, causing bond prices to rise and yields to fall.\nThe Cboe Volatility Index—Wall Street’s so-called fear gauge, also known as the VIX—ticked up to 27.20, its highest level in two weeks.\nIn premarket trading, shares of cruise companies sank, with Norwegian Cruise Line and Carnival down more than 5% each. Shares of energy companies slipped alongside oil prices. Occidental Petroleum shares fell 5.4% and Marathon Oil declined 4.7%.\nPortfolio managers whose performance is assessed on a year-over-year basis are also likely closing out their positions and locking in gains after a strong year in markets. Despite recent market volatility, the S&P 500 is up more than 20% this year.\nAlso weighing on sentiment, Sen. Joe Manchin (D., W.Va.) said he would oppose his party’s roughly $2 trillion education, healthcare and climate package, likely dooming the centerpiece of Mr. Biden’s economic agenda as currently written.\nOverseas, the pan-continental Stoxx Europe 600 tumbled 2.5%. Shares of U.K. food-delivery companyDeliverooadded 3.5% in London trading.\nMajor indexes in Asia closed lower. South Korea’s Kospi contracted 1.8% and Japan’s Nikkei 225 shed 2.1%. Hong Kong’s flagship Hang Seng Index fell 1.9% to its lowest closing level since March 2020, according to FactSet.\nChina’s Shanghai Composite declined 1.1%. China’s central bank cut the one-year loan prime rate amid a slowing economy that has been dragged by a slump in the property sector.","news_type":1,"symbols_score_info":{".IXIC":0.9,".SPX":0.9,".DJI":0.9}},"isVote":1,"tweetType":1,"viewCount":1238,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":693832710,"gmtCreate":1639997947139,"gmtModify":1639997948550,"author":{"id":"3580988274582448","authorId":"3580988274582448","name":"DragonKing","avatar":"https://static.tigerbbs.com/999074a932b6e7b44c07fcebc581aacb","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3580988274582448","authorIdStr":"3580988274582448"},"themes":[],"htmlText":"Ok. Like pls.","listText":"Ok. Like pls.","text":"Ok. Like pls.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/693832710","repostId":"1143613518","repostType":4,"isVote":1,"tweetType":1,"viewCount":1035,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":699733778,"gmtCreate":1639890308203,"gmtModify":1639890308583,"author":{"id":"3580988274582448","authorId":"3580988274582448","name":"DragonKing","avatar":"https://static.tigerbbs.com/999074a932b6e7b44c07fcebc581aacb","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3580988274582448","authorIdStr":"3580988274582448"},"themes":[],"htmlText":"Ok. Like pls.","listText":"Ok. Like pls.","text":"Ok. Like pls.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/699733778","repostId":"2192903248","repostType":4,"isVote":1,"tweetType":1,"viewCount":1283,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":699733842,"gmtCreate":1639890274942,"gmtModify":1639890275312,"author":{"id":"3580988274582448","authorId":"3580988274582448","name":"DragonKing","avatar":"https://static.tigerbbs.com/999074a932b6e7b44c07fcebc581aacb","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3580988274582448","authorIdStr":"3580988274582448"},"themes":[],"htmlText":"All in. ","listText":"All in. ","text":"All in.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/699733842","repostId":"2192035909","repostType":4,"isVote":1,"tweetType":1,"viewCount":1668,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":699646526,"gmtCreate":1639797057535,"gmtModify":1639797263914,"author":{"id":"3580988274582448","authorId":"3580988274582448","name":"DragonKing","avatar":"https://static.tigerbbs.com/999074a932b6e7b44c07fcebc581aacb","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3580988274582448","authorIdStr":"3580988274582448"},"themes":[],"htmlText":"Wow.","listText":"Wow.","text":"Wow.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/699646526","repostId":"2192597562","repostType":4,"isVote":1,"tweetType":1,"viewCount":1298,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":699314778,"gmtCreate":1639749027629,"gmtModify":1639749027956,"author":{"id":"3580988274582448","authorId":"3580988274582448","name":"DragonKing","avatar":"https://static.tigerbbs.com/999074a932b6e7b44c07fcebc581aacb","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3580988274582448","authorIdStr":"3580988274582448"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/699314778","repostId":"1138605449","repostType":4,"repost":{"id":"1138605449","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":1639746084,"share":"https://www.laohu8.com/m/news/1138605449?lang=zh_CN&edition=full","pubTime":"2021-12-17 21:01","market":"us","language":"en","title":"Toplines Before US Market Open on Friday<blockquote>周五美国市场开盘前的营收</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1138605449","media":"Tiger Newspress","summary":"U.S. Stock futures headed for a lower open Friday morning after a rout in technology stocks during T","content":"<p>U.S. Stock futures headed for a lower open Friday morning after a rout in technology stocks during Thursday's regular trading day, as investors turned away from growth stocks in anticipation of tighter monetary policy next year.</p><p><blockquote>周四常规交易日科技股暴跌后,美国股指期货周五早盘低开,因投资者预期明年货币政策收紧而远离成长型股。</blockquote></p><p> At 8:00 a.m. ET, Dow e-minis were down 117 points, or 0.33%, S&P 500 e-minis were down 24 points, or 0.52%, and Nasdaq 100 e-minis were down 153.5 points, or 0.97%.<img src=\"https://static.tigerbbs.com/120d112226a9ec4591babf844729ca58\" tg-width=\"1080\" tg-height=\"376\" width=\"100%\" height=\"auto\">Investors' main focus this week has remained fixed on the Federal Reserve's updated outlook on monetary policy for next year, with the central bank's projections delivered mid-week suggesting the Fed could hike interest rates three times next year.</p><p><blockquote>截至美国东部时间上午8:00,道指e-mini下跌117点,跌幅0.33%,标普500 e-mini下跌24点,跌幅0.52%,纳斯达克100 e-mini下跌153.5点,跌幅0.97%。本周投资者的主要关注点仍然集中在美联储对明年货币政策的最新展望上,央行周中发布的预测表明美联储明年可能加息三次。</blockquote></p><p> <b>Stocks making the biggest moves premarket: </b></p><p><blockquote><b>盘前涨幅最大的股票:</b></blockquote></p><p> <b><a href=\"https://laohu8.com/S/DRI\">Darden Restaurants</a></b> – The parent of Olive Garden, Longhorn Steakhouse and other restaurant chains beat estimates by 5 cents with quarterly earnings of $1.48 per share and revenue that also topped forecasts. Same-restaurant sales jumped 34.4%, higher than the 32.6% consensus estimate compiled by StreetAccount, and Darden issued an upbeat forecast. Separately, Darden announced that CEO Eugene Lee will retire in May 2022, to be replaced by current President and Chief Operating Officer Ricardo Cardenas. Darden fell 5% in the premarket.</p><p><blockquote><b><a href=\"https://laohu8.com/S/DRI\">达顿餐厅</a></b>–Olive Garden、Longhorn Steakhouse和其他连锁餐厅的母公司超出预期5美分,季度收益为每股1.48美元,收入也超出预期。同店销售额增长34.4%,高于StreetAccount编制的32.6%的普遍预期,达顿发布了乐观预测。另外,达顿宣布首席执行官Eugene Lee将于2022年5月退休,由现任总裁兼首席运营官Ricardo Cardenas接任。达顿盘前下跌5%。</blockquote></p><p> <b><a href=\"https://laohu8.com/S/WGO\">Winnebago</a></b> – The recreational vehicle maker added 3.4% in premarket trading after a sizable bottom-line beat for its fiscal first quarter. Winnebago earned $3.51 per share, compared with the consensus estimate of $2.26 and revenue that also came in above analyst forecasts.</p><p><blockquote><b><a href=\"https://laohu8.com/S/WGO\">温尼贝戈</a></b>-这家休闲车制造商在第一财季盈利大幅增长后,盘前交易股价上涨3.4%。温尼贝戈每股收益3.51美元,而市场普遍预期为2.26美元,营收也高于分析师预测。</blockquote></p><p> <b><a href=\"https://laohu8.com/S/FDX\">FedEx</a></b> – The delivery service’s shares rallied 5.9% in the premarket after beating estimates on the top and bottom lines for its latest quarter. FedEx earned an adjusted $4.83 per share, beating the $4.28 consensus estimate, with higher shipping rates helping to make up for increased expenses.</p><p><blockquote><b><a href=\"https://laohu8.com/S/FDX\">联邦快递</a></b>-该快递服务公司最近一个季度的营收和利润超出预期,盘前上涨5.9%。联邦快递调整后每股收益为4.83美元,超过市场普遍预期的4.28美元,运费上涨有助于弥补支出的增加。</blockquote></p><p> <b><a href=\"https://laohu8.com/S/RIVN\">Rivian Automotive, Inc.</a></b> – The electric vehicle maker lost $1.23 billion for the third quarter stemming from expenses to begin production of its electric pickup truck. It was Rivian’s first quarterly report since going public, and revenue was $1 million from its first deliveries. The stock tumbled 7.9% in premarket trading.</p><p><blockquote><b><a href=\"https://laohu8.com/S/RIVN\">Rivian汽车公司。</a></b>-这家电动汽车制造商第三季度亏损12.3亿美元,原因是开始生产电动皮卡车的费用。这是Rivian上市以来的第一份季度报告,首次交付的收入为100万美元。该股在盘前交易中下跌7.9%。</blockquote></p><p> <b><a href=\"https://laohu8.com/S/EPAY\">Bottomline</a></b> – Bottomline shares soared 15.1% in the premarket after the fintech company agreed to be acquired by private equity firm Thoma Bravo for $57 per share in cash, or $2.6 billion.</p><p><blockquote><b><a href=\"https://laohu8.com/S/EPAY\">底线</a></b>–在这家金融科技公司同意被私募股权公司Thoma Bravo以每股57美元现金(即26亿美元)收购后,Bottomline股价在盘前飙升15.1%。</blockquote></p><p> <b><a href=\"https://laohu8.com/S/CERN\">Cerner</a></b> – The healthcare information-technology company’s stock soared 18.9% in premarket trading after the Wall Street Journal reported that Oracle(ORCL) was in talks to buy Cerner in a potential $30 billion deal. Oracle fell 4.6%.</p><p><blockquote><b><a href=\"https://laohu8.com/S/CERN\">塞尔纳</a></b>–在《华尔街日报》报道甲骨文(ORCL)正在洽谈以300亿美元的潜在交易收购Cerner后,这家医疗保健信息技术公司的股价在盘前交易中飙升18.9%。甲骨文跌4.6%。</blockquote></p><p> <b><a href=\"https://laohu8.com/S/JNJ\">Johnson & Johnson</a></b> – <b><a href=\"https://laohu8.com/S/JNJ\">Johnson & Johnson</a></b> shares fell 2.1% in the premarket after the CDC recommended that adults receive the Pfizer(PFE) or Moderna(MRNA) Covid-19 vaccines rather than the J&J shot. The CDC cited new data showing higher levels of a blood clotting condition than previously thought, although that condition remains rare.</p><p><blockquote><b><a href=\"https://laohu8.com/S/JNJ\">强生公司</a></b>–<b><a href=\"https://laohu8.com/S/JNJ\">强生公司</a></b>在CDC建议成年人接种辉瑞(PFE)或Moderna(MRNA)Covid-19疫苗而不是强生疫苗后,股价在盘前下跌2.1%。疾病预防控制中心引用的新数据显示,凝血状况的水平比之前想象的要高,尽管这种情况仍然很少见。</blockquote></p><p> <b><a href=\"https://laohu8.com/S/AFRM\">Affirm Holdings, Inc.</a></b> – The “buy now pay later” company’s stock fell 2.3% in the premarket after the Consumer Financial Protection Bureau said it was launching an inquiry into firms that offer such plans.</p><p><blockquote><b><a href=\"https://laohu8.com/S/AFRM\">确认控股公司。</a></b>–在消费者金融保护局表示正在对提供此类计划的公司展开调查后,这家“先买后付”公司的股价在盘前下跌2.3%。</blockquote></p><p> <b><a href=\"https://laohu8.com/S/NVAX\">Novavax</a></b> – The drug maker’s stock rose 1.3% in premarket action on a Financial Times report that the European Medicines Agency may approve its Covid-19 vaccine for emergency use as early as next week.</p><p><blockquote><b><a href=\"https://laohu8.com/S/NVAX\">Novavax</a></b>–英国《金融时报》报道称,欧洲药品管理局最早可能于下周批准其Covid-19疫苗紧急使用,该制药商股价在盘前上涨1.3%。</blockquote></p><p> <b><a href=\"https://laohu8.com/S/X\">U.S. Steel</a></b> – The steel maker’s stock slid 4.4% in the premarket after the company issued lower-than-expected current-quarter guidance, with higher expenses and cautious customer buying patterns offsetting improved steel pricing.</p><p><blockquote><b><a href=\"https://laohu8.com/S/X\">美国钢铁公司</a></b>-该钢铁制造商的股价在盘前下跌4.4%,此前该公司发布了低于预期的本季度指引,费用增加和谨慎的客户购买模式抵消了钢铁定价的改善。</blockquote></p><p> <b><a href=\"https://laohu8.com/S/SCS\">Steelcase</a></b> – The office furniture maker reported lower-than-expected profit and revenue for the third quarter, with Steelcase saying its results have been impacted by supply chain issues and higher costs. Steelcase fell 4.4% in premarket trading.</p><p><blockquote><b><a href=\"https://laohu8.com/S/SCS\">Steelcase</a></b>-这家办公家具制造商公布的第三季度利润和收入低于预期,Steelcase表示其业绩受到供应链问题和成本上升的影响。Steelcase在盘前交易中下跌4.4%。</blockquote></p><p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Toplines Before US Market Open on Friday<blockquote>周五美国市场开盘前的营收</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nToplines Before US Market Open on Friday<blockquote>周五美国市场开盘前的营收</blockquote>\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time smaller\">2021-12-17 21:01</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>U.S. Stock futures headed for a lower open Friday morning after a rout in technology stocks during Thursday's regular trading day, as investors turned away from growth stocks in anticipation of tighter monetary policy next year.</p><p><blockquote>周四常规交易日科技股暴跌后,美国股指期货周五早盘低开,因投资者预期明年货币政策收紧而远离成长型股。</blockquote></p><p> At 8:00 a.m. ET, Dow e-minis were down 117 points, or 0.33%, S&P 500 e-minis were down 24 points, or 0.52%, and Nasdaq 100 e-minis were down 153.5 points, or 0.97%.<img src=\"https://static.tigerbbs.com/120d112226a9ec4591babf844729ca58\" tg-width=\"1080\" tg-height=\"376\" width=\"100%\" height=\"auto\">Investors' main focus this week has remained fixed on the Federal Reserve's updated outlook on monetary policy for next year, with the central bank's projections delivered mid-week suggesting the Fed could hike interest rates three times next year.</p><p><blockquote>截至美国东部时间上午8:00,道指e-mini下跌117点,跌幅0.33%,标普500 e-mini下跌24点,跌幅0.52%,纳斯达克100 e-mini下跌153.5点,跌幅0.97%。本周投资者的主要关注点仍然集中在美联储对明年货币政策的最新展望上,央行周中发布的预测表明美联储明年可能加息三次。</blockquote></p><p> <b>Stocks making the biggest moves premarket: </b></p><p><blockquote><b>盘前涨幅最大的股票:</b></blockquote></p><p> <b><a href=\"https://laohu8.com/S/DRI\">Darden Restaurants</a></b> – The parent of Olive Garden, Longhorn Steakhouse and other restaurant chains beat estimates by 5 cents with quarterly earnings of $1.48 per share and revenue that also topped forecasts. Same-restaurant sales jumped 34.4%, higher than the 32.6% consensus estimate compiled by StreetAccount, and Darden issued an upbeat forecast. Separately, Darden announced that CEO Eugene Lee will retire in May 2022, to be replaced by current President and Chief Operating Officer Ricardo Cardenas. Darden fell 5% in the premarket.</p><p><blockquote><b><a href=\"https://laohu8.com/S/DRI\">达顿餐厅</a></b>–Olive Garden、Longhorn Steakhouse和其他连锁餐厅的母公司超出预期5美分,季度收益为每股1.48美元,收入也超出预期。同店销售额增长34.4%,高于StreetAccount编制的32.6%的普遍预期,达顿发布了乐观预测。另外,达顿宣布首席执行官Eugene Lee将于2022年5月退休,由现任总裁兼首席运营官Ricardo Cardenas接任。达顿盘前下跌5%。</blockquote></p><p> <b><a href=\"https://laohu8.com/S/WGO\">Winnebago</a></b> – The recreational vehicle maker added 3.4% in premarket trading after a sizable bottom-line beat for its fiscal first quarter. Winnebago earned $3.51 per share, compared with the consensus estimate of $2.26 and revenue that also came in above analyst forecasts.</p><p><blockquote><b><a href=\"https://laohu8.com/S/WGO\">温尼贝戈</a></b>-这家休闲车制造商在第一财季盈利大幅增长后,盘前交易股价上涨3.4%。温尼贝戈每股收益3.51美元,而市场普遍预期为2.26美元,营收也高于分析师预测。</blockquote></p><p> <b><a href=\"https://laohu8.com/S/FDX\">FedEx</a></b> – The delivery service’s shares rallied 5.9% in the premarket after beating estimates on the top and bottom lines for its latest quarter. FedEx earned an adjusted $4.83 per share, beating the $4.28 consensus estimate, with higher shipping rates helping to make up for increased expenses.</p><p><blockquote><b><a href=\"https://laohu8.com/S/FDX\">联邦快递</a></b>-该快递服务公司最近一个季度的营收和利润超出预期,盘前上涨5.9%。联邦快递调整后每股收益为4.83美元,超过市场普遍预期的4.28美元,运费上涨有助于弥补支出的增加。</blockquote></p><p> <b><a href=\"https://laohu8.com/S/RIVN\">Rivian Automotive, Inc.</a></b> – The electric vehicle maker lost $1.23 billion for the third quarter stemming from expenses to begin production of its electric pickup truck. It was Rivian’s first quarterly report since going public, and revenue was $1 million from its first deliveries. The stock tumbled 7.9% in premarket trading.</p><p><blockquote><b><a href=\"https://laohu8.com/S/RIVN\">Rivian汽车公司。</a></b>-这家电动汽车制造商第三季度亏损12.3亿美元,原因是开始生产电动皮卡车的费用。这是Rivian上市以来的第一份季度报告,首次交付的收入为100万美元。该股在盘前交易中下跌7.9%。</blockquote></p><p> <b><a href=\"https://laohu8.com/S/EPAY\">Bottomline</a></b> – Bottomline shares soared 15.1% in the premarket after the fintech company agreed to be acquired by private equity firm Thoma Bravo for $57 per share in cash, or $2.6 billion.</p><p><blockquote><b><a href=\"https://laohu8.com/S/EPAY\">底线</a></b>–在这家金融科技公司同意被私募股权公司Thoma Bravo以每股57美元现金(即26亿美元)收购后,Bottomline股价在盘前飙升15.1%。</blockquote></p><p> <b><a href=\"https://laohu8.com/S/CERN\">Cerner</a></b> – The healthcare information-technology company’s stock soared 18.9% in premarket trading after the Wall Street Journal reported that Oracle(ORCL) was in talks to buy Cerner in a potential $30 billion deal. Oracle fell 4.6%.</p><p><blockquote><b><a href=\"https://laohu8.com/S/CERN\">塞尔纳</a></b>–在《华尔街日报》报道甲骨文(ORCL)正在洽谈以300亿美元的潜在交易收购Cerner后,这家医疗保健信息技术公司的股价在盘前交易中飙升18.9%。甲骨文跌4.6%。</blockquote></p><p> <b><a href=\"https://laohu8.com/S/JNJ\">Johnson & Johnson</a></b> – <b><a href=\"https://laohu8.com/S/JNJ\">Johnson & Johnson</a></b> shares fell 2.1% in the premarket after the CDC recommended that adults receive the Pfizer(PFE) or Moderna(MRNA) Covid-19 vaccines rather than the J&J shot. The CDC cited new data showing higher levels of a blood clotting condition than previously thought, although that condition remains rare.</p><p><blockquote><b><a href=\"https://laohu8.com/S/JNJ\">强生公司</a></b>–<b><a href=\"https://laohu8.com/S/JNJ\">强生公司</a></b>在CDC建议成年人接种辉瑞(PFE)或Moderna(MRNA)Covid-19疫苗而不是强生疫苗后,股价在盘前下跌2.1%。疾病预防控制中心引用的新数据显示,凝血状况的水平比之前想象的要高,尽管这种情况仍然很少见。</blockquote></p><p> <b><a href=\"https://laohu8.com/S/AFRM\">Affirm Holdings, Inc.</a></b> – The “buy now pay later” company’s stock fell 2.3% in the premarket after the Consumer Financial Protection Bureau said it was launching an inquiry into firms that offer such plans.</p><p><blockquote><b><a href=\"https://laohu8.com/S/AFRM\">确认控股公司。</a></b>–在消费者金融保护局表示正在对提供此类计划的公司展开调查后,这家“先买后付”公司的股价在盘前下跌2.3%。</blockquote></p><p> <b><a href=\"https://laohu8.com/S/NVAX\">Novavax</a></b> – The drug maker’s stock rose 1.3% in premarket action on a Financial Times report that the European Medicines Agency may approve its Covid-19 vaccine for emergency use as early as next week.</p><p><blockquote><b><a href=\"https://laohu8.com/S/NVAX\">Novavax</a></b>–英国《金融时报》报道称,欧洲药品管理局最早可能于下周批准其Covid-19疫苗紧急使用,该制药商股价在盘前上涨1.3%。</blockquote></p><p> <b><a href=\"https://laohu8.com/S/X\">U.S. Steel</a></b> – The steel maker’s stock slid 4.4% in the premarket after the company issued lower-than-expected current-quarter guidance, with higher expenses and cautious customer buying patterns offsetting improved steel pricing.</p><p><blockquote><b><a href=\"https://laohu8.com/S/X\">美国钢铁公司</a></b>-该钢铁制造商的股价在盘前下跌4.4%,此前该公司发布了低于预期的本季度指引,费用增加和谨慎的客户购买模式抵消了钢铁定价的改善。</blockquote></p><p> <b><a href=\"https://laohu8.com/S/SCS\">Steelcase</a></b> – The office furniture maker reported lower-than-expected profit and revenue for the third quarter, with Steelcase saying its results have been impacted by supply chain issues and higher costs. Steelcase fell 4.4% in premarket trading.</p><p><blockquote><b><a href=\"https://laohu8.com/S/SCS\">Steelcase</a></b>-这家办公家具制造商公布的第三季度利润和收入低于预期,Steelcase表示其业绩受到供应链问题和成本上升的影响。Steelcase在盘前交易中下跌4.4%。</blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯",".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1138605449","content_text":"U.S. Stock futures headed for a lower open Friday morning after a rout in technology stocks during Thursday's regular trading day, as investors turned away from growth stocks in anticipation of tighter monetary policy next year.\nAt 8:00 a.m. ET, Dow e-minis were down 117 points, or 0.33%, S&P 500 e-minis were down 24 points, or 0.52%, and Nasdaq 100 e-minis were down 153.5 points, or 0.97%.Investors' main focus this week has remained fixed on the Federal Reserve's updated outlook on monetary policy for next year, with the central bank's projections delivered mid-week suggesting the Fed could hike interest rates three times next year.\nStocks making the biggest moves premarket: \nDarden Restaurants – The parent of Olive Garden, Longhorn Steakhouse and other restaurant chains beat estimates by 5 cents with quarterly earnings of $1.48 per share and revenue that also topped forecasts. Same-restaurant sales jumped 34.4%, higher than the 32.6% consensus estimate compiled by StreetAccount, and Darden issued an upbeat forecast. Separately, Darden announced that CEO Eugene Lee will retire in May 2022, to be replaced by current President and Chief Operating Officer Ricardo Cardenas. Darden fell 5% in the premarket.\nWinnebago – The recreational vehicle maker added 3.4% in premarket trading after a sizable bottom-line beat for its fiscal first quarter. Winnebago earned $3.51 per share, compared with the consensus estimate of $2.26 and revenue that also came in above analyst forecasts.\nFedEx – The delivery service’s shares rallied 5.9% in the premarket after beating estimates on the top and bottom lines for its latest quarter. FedEx earned an adjusted $4.83 per share, beating the $4.28 consensus estimate, with higher shipping rates helping to make up for increased expenses.\nRivian Automotive, Inc. – The electric vehicle maker lost $1.23 billion for the third quarter stemming from expenses to begin production of its electric pickup truck. It was Rivian’s first quarterly report since going public, and revenue was $1 million from its first deliveries. The stock tumbled 7.9% in premarket trading.\nBottomline – Bottomline shares soared 15.1% in the premarket after the fintech company agreed to be acquired by private equity firm Thoma Bravo for $57 per share in cash, or $2.6 billion.\nCerner – The healthcare information-technology company’s stock soared 18.9% in premarket trading after the Wall Street Journal reported that Oracle(ORCL) was in talks to buy Cerner in a potential $30 billion deal. Oracle fell 4.6%.\nJohnson & Johnson – Johnson & Johnson shares fell 2.1% in the premarket after the CDC recommended that adults receive the Pfizer(PFE) or Moderna(MRNA) Covid-19 vaccines rather than the J&J shot. The CDC cited new data showing higher levels of a blood clotting condition than previously thought, although that condition remains rare.\nAffirm Holdings, Inc. – The “buy now pay later” company’s stock fell 2.3% in the premarket after the Consumer Financial Protection Bureau said it was launching an inquiry into firms that offer such plans.\nNovavax – The drug maker’s stock rose 1.3% in premarket action on a Financial Times report that the European Medicines Agency may approve its Covid-19 vaccine for emergency use as early as next week.\nU.S. Steel – The steel maker’s stock slid 4.4% in the premarket after the company issued lower-than-expected current-quarter guidance, with higher expenses and cautious customer buying patterns offsetting improved steel pricing.\nSteelcase – The office furniture maker reported lower-than-expected profit and revenue for the third quarter, with Steelcase saying its results have been impacted by supply chain issues and higher costs. 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Like pls.","listText":"Omg. Like pls.","text":"Omg. Like pls.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":4,"repostSize":0,"link":"https://laohu8.com/post/878401212","repostId":"2184510828","repostType":4,"isVote":1,"tweetType":1,"viewCount":360,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":807779454,"gmtCreate":1628063067078,"gmtModify":1633753933731,"author":{"id":"3580988274582448","authorId":"3580988274582448","name":"DragonKing","avatar":"https://static.tigerbbs.com/999074a932b6e7b44c07fcebc581aacb","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3580988274582448","authorIdStr":"3580988274582448"},"themes":[],"htmlText":"Yeah. Like please.","listText":"Yeah. Like please.","text":"Yeah. Like please.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":5,"repostSize":0,"link":"https://laohu8.com/post/807779454","repostId":"1174986187","repostType":4,"repost":{"id":"1174986187","kind":"news","pubTimestamp":1628062628,"share":"https://www.laohu8.com/m/news/1174986187?lang=zh_CN&edition=full","pubTime":"2021-08-04 15:37","market":"us","language":"en","title":"Beyond Meat Q2 Earnings: Restaurant Sales In Focus As Economy Reopens<blockquote>Beyond Meat第二季度收益:随着经济重新开放,餐厅销售成为焦点</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1174986187","media":"investing.com","summary":"Reports Q2 results on Thursday, Aug. 5, after the market close\nRevenue Expectation: $143 billion\nEPS","content":"<p><div> Reports Q2 results on Thursday, Aug. 5, after the market close Revenue Expectation: $143 billion EPS Expectation: loss of $0.23 Shares of Beyond Meat, Inc. have remained under pressure throughout the...</p><p><blockquote><div>8月5日星期四收盘后公布第二季度业绩收入预期:每股收益1,430亿美元预期:亏损0.23美元Beyond Meat公司的股价在整个季度一直面临压力。</div></blockquote></p><p> <a href=\"https://www.investing.com/analysis/beyond-meat-q2-earnings-restaurant-sales-in-focus-as-economy-reopening-200595860\">网页链接</a> </div> </p><p><blockquote><a href=\"https://www.investing.com/analysis/beyond-meat-q2-earnings-restaurant-sales-in-focus-as-economy-reopening-200595860\">网页连接</a></blockquote></p><p></p>","source":"lsy1594375853987","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; 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BYND shares have fallen 19% during the past month, illustrating investors' nervousness about owning this high-growth stock.\nWhen the Los Angeles-based company releases its second-quarter earnings tomorrow, one of the most important numbers to analyze is how quickly sales from restaurant and food-service sectors are rebounding.\nUnlike other packaged-food companies, Beyond Meat relies heavily on these segments for growth. The emergence of the Delta variant of COVID-19, which forced many countries to re-impose lockdowns and prompted US health authorities to reinstate mask mandates at indoor settings, is making the revenue outlook more uncertain for BYND.\nDespite the pandemic setback, we continue to believe Beyond Meat is a great food stock to own as consumers become more health conscious. Its recent weakness is a bump in the company’s long-term growth potential. BYND’s latest partnerships and expansion plans validate this bullish case.\nA Clear Lead\nA few years ago the big question was whether fake meat would take off. Now that it’s moving into the mainstream, the global market is projected to reach $450 billion by 2040, accordingto global consulting firm Kearney.\nAnd when it comes to competition, Beyond Meat is much further along than its closest rival, Impossible Foods. It had more US retailers—28,000 compared with Impossible’s 20,000. Its products were being offered in more restaurants (42,000 in the US vs. 30,000+), and more international markets (more than 80 vs. 5), according to a Bloomberg analysisin April.\nBeyond Meat this year announced several expansion plans that should ease investor anxiety, including a new burger, European retail expansion, and the opening of its production plant in China—its first outside the US—to produce and distribute its plant-based products, including Beyond Pork, created specifically for the Chinese market.\nIn January, Beyond Meat finalized its agreements with McDonald's and Yum—two of the largest fast-food companies in the world. The three-year deal with McDonald’s makes Beyond Meat the chain’s “preferred supplier” for the McPlant patty. Beyond Meat and McDonald’s will also explore developing other plant-based menu items, including alternative chicken, pork and eggs.\nBottom Line\nBeyond Meat sales will rebound quickly once the global economy overcomes the pandemic and people resume their routine activities. The company’s leading position in the plant-based food market makes it an ideal candidate to buy on weakness.","news_type":1,"symbols_score_info":{"BYND":0.9}},"isVote":1,"tweetType":1,"viewCount":659,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":608600591,"gmtCreate":1638696838614,"gmtModify":1638696838793,"author":{"id":"3580988274582448","authorId":"3580988274582448","name":"DragonKing","avatar":"https://static.tigerbbs.com/999074a932b6e7b44c07fcebc581aacb","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3580988274582448","authorIdStr":"3580988274582448"},"themes":[],"htmlText":"Yeah. Like pls.","listText":"Yeah. 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