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Sylee123

Sylee123

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2021-06-12

Investor

Investor, Trader, Speculator: Which One Are You?<blockquote>投资者、交易者、投机者：你是哪一个？</blockquote>

2021-09-11

[Smile]

抱歉，原内容已删除

2021-10-13

Waiting patiently

Tesla Stock: The Path To $2,500 By 2030<blockquote>特斯拉股票：到2030年将达到2,500美元</blockquote>

2021-09-12

[Smile]

US IPO Week Ahead: The Fall IPO market kicks off with a 10 IPO week<blockquote>美国IPO周：秋季IPO市场以10周IPO拉开帷幕</blockquote>

2021-09-07

[Miser]

抱歉，原内容已删除

2021-07-01

:)

抱歉，原内容已删除

2021-09-16

[Miser]

抱歉，原内容已删除

2021-06-14

$BlackBerry(BB)$Go go go

2021-09-13

[Smile]

U.S. stocks open solidly higher Monday following worst weekly decline in about 3 months<blockquote>继约三个月来最严重单周跌幅后，美国股市周一大幅高开</blockquote>

2021-09-02

[Miser]

抱歉，原内容已删除

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news","images":[{"img":"https://static.tigerbbs.com/e5d0c9b926bf032ceb9e556b35286296","width":"1080","height":"2400"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/824110647","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"CN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":1849,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":824893111,"gmtCreate":1634298115413,"gmtModify":1634298115559,"author":{"id":"3581542297351770","authorId":"3581542297351770","name":"Sylee123","avatar":"https://static.tigerbbs.com/cdcc42e342e5b28b466e7456cf027928","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3581542297351770","idStr":"3581542297351770"},"themes":[],"htmlText":"[Miser]&nbsp;[Miser]&nbsp;[Miser]&nbsp;","listText":"[Miser]&nbsp;[Miser]&nbsp;[Miser]&nbsp;","text":"[Miser] [Miser] [Miser]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/824893111","repostId":"1128641889","repostType":4,"repost":{"id":"1128641889","kind":"news","pubTimestamp":1634227362,"share":"https://www.laohu8.com/m/news/1128641889?lang=zh_CN&edition=full","pubTime":"2021-10-15 00:02","market":"us","language":"en","title":"Tesla Is the World’s Most Valuable Car Stock. Even the Haters Think So.<blockquote>特斯拉是世界上最有价值的汽车股。即使是仇恨者也这么认为。</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1128641889","media":"Barrons","summary":"Tesla is the world’s most valuable car stock. Even the bears admit it.Thursday, Barclays analyst Brian Johnson raised his price target for Tesla  stock to $300 from $230. He still rates shares the equivalent of Sell, though. And Tesla stock closed Thursday at $818.32—nowhere near $300. Still, his price target was bumped to an important level in one respect.At $300, Johnson is saying that Tesla stock is worth about $300 billion.  That’s more than Toyota Motor’s  market capitalization of about $28","content":"<p>Tesla&nbsp;is the world’s most valuable car stock. Even the bears admit it.</p><p><blockquote>特斯拉是世界上最有价值的汽车股。就连空头也承认了。</blockquote></p><p> Thursday, Barclays analyst Brian Johnson raised his price target for Tesla (ticker: TSLA) stock to $300 from $230. He still rates shares the equivalent of Sell, though. And Tesla stock closed Thursday at $818.32—nowhere near $300. Still, his price target was bumped to an important level in one respect.</p><p><blockquote>周四，Barclays分析师Brian Johnson将特斯拉（股票代码：TSLA）股票的目标价从230美元上调至300美元。不过，他对股票的评级仍相当于卖出。特斯拉股价周四收于818.32美元，远未达到300美元。尽管如此，他的价格目标在一个方面被提高到了一个重要水平。</blockquote></p><p> At $300, Johnson is saying that Tesla stock is worth about $300 billion. (Tesla has about 1 billion shares outstanding, making the math easy.) That’s more than&nbsp;Toyota Motor’s&nbsp;(TM) market capitalization of about $287 billion. Another analyst now believes there is no more valuable car company than Tesla.</p><p><blockquote>Johnson表示，特斯拉股票的价格为300美元，价值约为3000亿美元。（特斯拉拥有约10亿股已发行股票，这使得计算变得简单。）这超过了丰田汽车(TM)约2870亿美元的市值。另一位分析师现在认为，没有比特斯拉更有价值的汽车公司了。</blockquote></p><p> Tesla remains a very controversial stock on Wall Street. Analyst price targets—even removing the top and bottom targets to reduce skew—range from $150 to $1,080 a share. The $930 bull-bear spread is more than 100% of the current stock price and two to three times wider than the average spread for large stocks.</p><p><blockquote>特斯拉在华尔街仍然是一只非常有争议的股票。分析师的目标价——甚至取消了最高和最低目标以减少偏差——范围为每股150美元至1,080美元。930美元的牛熊价差是当前股价的100%以上，比大型股票的平均价差宽两到三倍。</blockquote></p><p> The bull-bear spread for&nbsp;Microsoft&nbsp;(MSFT), for instance, is about $100 a share or roughly 33% of the stock’s recent $296.31 price.</p><p><blockquote>例如，微软(MSFT)的牛熊价差约为每股100美元，约为该股近期296.31美元价格的33%。</blockquote></p><p> The Tesla controversy boils down, in large part, to a debate about what Tesla is. Bears believe it is a car company and that competition will erode its margins and slow its growth. Bulls believe Tesla is a platform tech company with many businesses—such as stationary power—along with its core car operations and that Tesla’s lead over automotive peers in things such as autonomous driving and battery management software will enable high growth for a decade while maintaining leading EV market share.</p><p><blockquote>特斯拉的争议在很大程度上可以归结为一场关于特斯拉是什么的辩论。看空者认为它是一家汽车公司，竞争将侵蚀其利润并减缓其增长。看多者认为，特斯拉是一家平台科技公司，拥有许多业务（例如固定电源）及其核心汽车业务，并且特斯拉在自动驾驶和电池管理软件等方面相对于汽车同行的领先地位将实现十年的高增长，同时保持领先的电动汽车市场份额。</blockquote></p><p> Johnson, for his part, is a traditional auto analyst covering more than 20 companies. He appears to fall in the former camp. He rates&nbsp;General Motors&nbsp;(GM) and&nbsp;Ford Motor&nbsp;(F) stock Buy. Those two stocks trade for single-digit price-to-earnings ratios. Tesla trades for roughly 100 times estimated 2022 earnings.</p><p><blockquote>约翰逊是一名传统的汽车分析师，负责20多家公司的业务。他似乎属于前一个阵营。他将通用汽车(GM)和福特汽车(F)股票评级为买入。这两只股票的市盈率为个位数。特斯拉的市盈率约为2022年预期市盈率的100倍。</blockquote></p><p> He raised his price target because, despite believing the company is overvalued, things are looking good going into the third-quarter earnings release due October 20.</p><p><blockquote>他提高了目标价，因为尽管他认为该公司被高估，但在10月20日发布的第三季度财报中，情况看起来不错。</blockquote></p><p> For the third quarter, Wall Street is looking for about $1.50 in per-share earnings from $13.5 billion in sales. The company earned $1.45 in adjusted per-share earnings from $12 billion in sales during the second quarter.</p><p><blockquote>华尔街预计第三季度销售额为135亿美元，每股收益约为1.5美元。该公司第二季度销售额为120亿美元，调整后每股收益为1.45美元。</blockquote></p><p> Tesla stock has been on a strong run, reflecting the good setup into earnings. Shares are up about 21% over the past three months. The&nbsp;S&amp;P 500&nbsp;and&nbsp;Dow Jones Industrial Average&nbsp;are both down slightly over the same span.</p><p><blockquote>特斯拉股价一直表现强劲，反映出盈利状况良好。过去三个月股价上涨了约21%。标准普尔500指数和道琼斯工业平均指数同期均小幅下跌。</blockquote></p><p> Its stock rose 0.4% to $821.75 in premarket trading.</p><p><blockquote>其股价在盘前交易中上涨0.4%至821.75美元。</blockquote></p><p></p>","source":"lsy1601382232898","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Tesla Is the World’s Most Valuable Car Stock. 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Even the Haters Think So.<blockquote>特斯拉是世界上最有价值的汽车股。即使是仇恨者也这么认为。</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Barrons</strong><span class=\"h-time small\">2021-10-15 00:02</span>\n</p>\n</h4>\n</header>\n<article>\n<p>Tesla&nbsp;is the world’s most valuable car stock. Even the bears admit it.</p><p><blockquote>特斯拉是世界上最有价值的汽车股。就连空头也承认了。</blockquote></p><p> Thursday, Barclays analyst Brian Johnson raised his price target for Tesla (ticker: TSLA) stock to $300 from $230. He still rates shares the equivalent of Sell, though. And Tesla stock closed Thursday at $818.32—nowhere near $300. Still, his price target was bumped to an important level in one respect.</p><p><blockquote>周四，Barclays分析师Brian Johnson将特斯拉（股票代码：TSLA）股票的目标价从230美元上调至300美元。不过，他对股票的评级仍相当于卖出。特斯拉股价周四收于818.32美元，远未达到300美元。尽管如此，他的价格目标在一个方面被提高到了一个重要水平。</blockquote></p><p> At $300, Johnson is saying that Tesla stock is worth about $300 billion. (Tesla has about 1 billion shares outstanding, making the math easy.) That’s more than&nbsp;Toyota Motor’s&nbsp;(TM) market capitalization of about $287 billion. Another analyst now believes there is no more valuable car company than Tesla.</p><p><blockquote>Johnson表示，特斯拉股票的价格为300美元，价值约为3000亿美元。（特斯拉拥有约10亿股已发行股票，这使得计算变得简单。）这超过了丰田汽车(TM)约2870亿美元的市值。另一位分析师现在认为，没有比特斯拉更有价值的汽车公司了。</blockquote></p><p> Tesla remains a very controversial stock on Wall Street. Analyst price targets—even removing the top and bottom targets to reduce skew—range from $150 to $1,080 a share. The $930 bull-bear spread is more than 100% of the current stock price and two to three times wider than the average spread for large stocks.</p><p><blockquote>特斯拉在华尔街仍然是一只非常有争议的股票。分析师的目标价——甚至取消了最高和最低目标以减少偏差——范围为每股150美元至1,080美元。930美元的牛熊价差是当前股价的100%以上，比大型股票的平均价差宽两到三倍。</blockquote></p><p> The bull-bear spread for&nbsp;Microsoft&nbsp;(MSFT), for instance, is about $100 a share or roughly 33% of the stock’s recent $296.31 price.</p><p><blockquote>例如，微软(MSFT)的牛熊价差约为每股100美元，约为该股近期296.31美元价格的33%。</blockquote></p><p> The Tesla controversy boils down, in large part, to a debate about what Tesla is. Bears believe it is a car company and that competition will erode its margins and slow its growth. Bulls believe Tesla is a platform tech company with many businesses—such as stationary power—along with its core car operations and that Tesla’s lead over automotive peers in things such as autonomous driving and battery management software will enable high growth for a decade while maintaining leading EV market share.</p><p><blockquote>特斯拉的争议在很大程度上可以归结为一场关于特斯拉是什么的辩论。看空者认为它是一家汽车公司，竞争将侵蚀其利润并减缓其增长。看多者认为，特斯拉是一家平台科技公司，拥有许多业务（例如固定电源）及其核心汽车业务，并且特斯拉在自动驾驶和电池管理软件等方面相对于汽车同行的领先地位将实现十年的高增长，同时保持领先的电动汽车市场份额。</blockquote></p><p> Johnson, for his part, is a traditional auto analyst covering more than 20 companies. He appears to fall in the former camp. He rates&nbsp;General Motors&nbsp;(GM) and&nbsp;Ford Motor&nbsp;(F) stock Buy. Those two stocks trade for single-digit price-to-earnings ratios. Tesla trades for roughly 100 times estimated 2022 earnings.</p><p><blockquote>约翰逊是一名传统的汽车分析师，负责20多家公司的业务。他似乎属于前一个阵营。他将通用汽车(GM)和福特汽车(F)股票评级为买入。这两只股票的市盈率为个位数。特斯拉的市盈率约为2022年预期市盈率的100倍。</blockquote></p><p> He raised his price target because, despite believing the company is overvalued, things are looking good going into the third-quarter earnings release due October 20.</p><p><blockquote>他提高了目标价，因为尽管他认为该公司被高估，但在10月20日发布的第三季度财报中，情况看起来不错。</blockquote></p><p> For the third quarter, Wall Street is looking for about $1.50 in per-share earnings from $13.5 billion in sales. The company earned $1.45 in adjusted per-share earnings from $12 billion in sales during the second quarter.</p><p><blockquote>华尔街预计第三季度销售额为135亿美元，每股收益约为1.5美元。该公司第二季度销售额为120亿美元，调整后每股收益为1.45美元。</blockquote></p><p> Tesla stock has been on a strong run, reflecting the good setup into earnings. Shares are up about 21% over the past three months. The&nbsp;S&amp;P 500&nbsp;and&nbsp;Dow Jones Industrial Average&nbsp;are both down slightly over the same span.</p><p><blockquote>特斯拉股价一直表现强劲，反映出盈利状况良好。过去三个月股价上涨了约21%。标准普尔500指数和道琼斯工业平均指数同期均小幅下跌。</blockquote></p><p> Its stock rose 0.4% to $821.75 in premarket trading.</p><p><blockquote>其股价在盘前交易中上涨0.4%至821.75美元。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.barrons.com/articles/tesla-stock-price-51634217724?mod=hp_LATEST\">Barrons</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉"},"source_url":"https://www.barrons.com/articles/tesla-stock-price-51634217724?mod=hp_LATEST","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1128641889","content_text":"Tesla is the world’s most valuable car stock. Even the bears admit it.\nThursday, Barclays analyst Brian Johnson raised his price target for Tesla (ticker: TSLA) stock to $300 from $230. He still rates shares the equivalent of Sell, though. And Tesla stock closed Thursday at $818.32—nowhere near $300. Still, his price target was bumped to an important level in one respect.\nAt $300, Johnson is saying that Tesla stock is worth about $300 billion. (Tesla has about 1 billion shares outstanding, making the math easy.) That’s more than Toyota Motor’s (TM) market capitalization of about $287 billion. Another analyst now believes there is no more valuable car company than Tesla.\nTesla remains a very controversial stock on Wall Street. Analyst price targets—even removing the top and bottom targets to reduce skew—range from $150 to $1,080 a share. The $930 bull-bear spread is more than 100% of the current stock price and two to three times wider than the average spread for large stocks.\nThe bull-bear spread for Microsoft (MSFT), for instance, is about $100 a share or roughly 33% of the stock’s recent $296.31 price.\nThe Tesla controversy boils down, in large part, to a debate about what Tesla is. Bears believe it is a car company and that competition will erode its margins and slow its growth. Bulls believe Tesla is a platform tech company with many businesses—such as stationary power—along with its core car operations and that Tesla’s lead over automotive peers in things such as autonomous driving and battery management software will enable high growth for a decade while maintaining leading EV market share.\nJohnson, for his part, is a traditional auto analyst covering more than 20 companies. He appears to fall in the former camp. He rates General Motors (GM) and Ford Motor (F) stock Buy. Those two stocks trade for single-digit price-to-earnings ratios. Tesla trades for roughly 100 times estimated 2022 earnings.\nHe raised his price target because, despite believing the company is overvalued, things are looking good going into the third-quarter earnings release due October 20.\nFor the third quarter, Wall Street is looking for about $1.50 in per-share earnings from $13.5 billion in sales. The company earned $1.45 in adjusted per-share earnings from $12 billion in sales during the second quarter.\nTesla stock has been on a strong run, reflecting the good setup into earnings. Shares are up about 21% over the past three months. The S&P 500 and Dow Jones Industrial Average are both down slightly over the same span.\nIts stock rose 0.4% to $821.75 in premarket trading.","news_type":1,"symbols_score_info":{"TSLA":0.9}},"isVote":1,"tweetType":1,"viewCount":1909,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":822511491,"gmtCreate":1634141272799,"gmtModify":1634141272928,"author":{"id":"3581542297351770","authorId":"3581542297351770","name":"Sylee123","avatar":"https://static.tigerbbs.com/cdcc42e342e5b28b466e7456cf027928","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3581542297351770","idStr":"3581542297351770"},"themes":[],"htmlText":"Waiting patiently&nbsp;","listText":"Waiting patiently&nbsp;","text":"Waiting patiently","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/822511491","repostId":"822252649","repostType":1,"repost":{"id":822252649,"gmtCreate":1634136732980,"gmtModify":1634136733058,"author":{"id":"3575550263725890","authorId":"3575550263725890","name":"Shanemally","avatar":"https://static.tigerbbs.com/6e1b3e5df9dfd7d56b85517b2de4240c","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3575550263725890","idStr":"3575550263725890"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/BB\">$BlackBerry(BB)$</a>Trust me, it’s a great timeto buy into BB. It’s a great stock with excellent fundamentals.&nbsp;","listText":"<a href=\"https://laohu8.com/S/BB\">$BlackBerry(BB)$</a>Trust me, it’s a great timeto buy into BB. It’s a great stock with excellent fundamentals.&nbsp;","text":"$BlackBerry(BB)$Trust me, it’s a great timeto buy into BB. It’s a great stock with excellent fundamentals.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/822252649","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":1515,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":822511243,"gmtCreate":1634141238261,"gmtModify":1634141242280,"author":{"id":"3581542297351770","authorId":"3581542297351770","name":"Sylee123","avatar":"https://static.tigerbbs.com/cdcc42e342e5b28b466e7456cf027928","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3581542297351770","idStr":"3581542297351770"},"themes":[],"htmlText":"[Miser]&nbsp;","listText":"[Miser]&nbsp;","text":"[Miser]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/822511243","repostId":"2175168997","repostType":4,"isVote":1,"tweetType":1,"viewCount":1598,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":826764219,"gmtCreate":1634056058274,"gmtModify":1634056058444,"author":{"id":"3581542297351770","authorId":"3581542297351770","name":"Sylee123","avatar":"https://static.tigerbbs.com/cdcc42e342e5b28b466e7456cf027928","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3581542297351770","idStr":"3581542297351770"},"themes":[],"htmlText":"Waiting patiently&nbsp;","listText":"Waiting patiently&nbsp;","text":"Waiting patiently","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/826764219","repostId":"1188785088","repostType":4,"repost":{"id":"1188785088","kind":"news","pubTimestamp":1634052465,"share":"https://www.laohu8.com/m/news/1188785088?lang=zh_CN&edition=full","pubTime":"2021-10-12 23:27","market":"us","language":"en","title":"Tesla Stock: The Path To $2,500 By 2030<blockquote>特斯拉股票：到2030年将达到2,500美元</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1188785088","media":"Seeking Alpha","summary":"Summary\n\nTesla experienced explosive gains last year.\nThis year, the stock has struggled, but the co","content":"<p><b>Summary</b></p><p><blockquote><b>总结</b></blockquote></p><p> <ul>  <li>Tesla experienced explosive gains last year.</li>  <li>This year, the stock has struggled, but the company is on the right track.</li>  <li>Better-than-anticipated production and deliveries data suggests the stock can push higher into year-end.</li>  <li>I suspect Tesla has more upside, and the stock could hit $2,500 in future years.</li> </ul> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/207deb1c8eb2af0f4c49abcb18226dd4\" tg-width=\"1536\" tg-height=\"1024\" width=\"100%\" height=\"auto\"><span>Spencer Platt/Getty Images News</span></p><p><blockquote><ul><li>特斯拉去年经历了爆炸性的增长。</li><li>今年，该股表现不佳，但该公司正走在正确的轨道上。</li><li>好于预期的生产和交付数据表明该股可能会在年底前走高。</li><li>我怀疑特斯拉还有更大的上涨空间，该股未来几年可能会触及2,500美元。</li></ul><p class=\"t-img-caption\"><span>斯宾塞·普拉特/盖蒂图片社新闻</span></p></blockquote></p><p> I've been a Tesla(NASDAQ:TSLA)bull for a long time now. It's hard to believe, but the first time I purchased Tesla's stock was eight years ago when the share price was around a split-adjusted $30. Now, roughly 2,500% higher, I am still long Tesla and I think there is more upside in this stock. Tesla remains the leader in the ultra-lucrative EV space. The company arguably has the best products, powered by the most advanced technologies.</p><p><blockquote>我长期以来一直看好特斯拉（纳斯达克：TSLA）。很难相信，我第一次购买特斯拉的股票是在八年前，当时股价约为分拆调整后的30美元。现在，大约上涨了2,500%，我仍然做多特斯拉，我认为这只股票还有更大的上涨空间。特斯拉仍然是利润丰厚的电动汽车领域的领导者。该公司可以说拥有最好的产品，由最先进的技术驱动。</blockquote></p><p> Additionally, Tesla has a unique set of competitive advantages that the company utilizes to stay ahead of its competition year after year. Tesla just put up stellar delivery and production numbers, will likely surpass analysts' expectations this quarter, and the company has enormous revenue and EPS growth potential as we advance. While we will not see Tesla shares gain another 2,500% from here any time soon, the stock can probably hit $1,000 by year-end or early next year. Moreover, Tesla shares could climb substantially higher over the next several years as well.</p><p><blockquote>此外，特斯拉拥有一系列独特的竞争优势，该公司利用这些优势年复一年地在竞争中保持领先地位。特斯拉刚刚公布了出色的交付和生产数据，本季度可能会超出分析师的预期，随着我们的发展，该公司拥有巨大的收入和每股收益增长潜力。虽然我们不会看到特斯拉股价很快再上涨2,500%，但到年底或明年初，该股可能会触及1,000美元。此外，特斯拉股价在未来几年也可能大幅攀升。</blockquote></p><p> <b>Technical Setup</b></p><p><blockquote><b>技术设置</b></blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/dabe94c8ac775d6a4113df03ad66ffdb\" tg-width=\"640\" tg-height=\"676\" width=\"100%\" height=\"auto\"><span>Source: Stockcharts.com</span></p><p><blockquote><p class=\"t-img-caption\"><span>资料来源：Stockcharts.com</span></p></blockquote></p><p> Tesla had a stellar run-up in 2020 and into year-end last year. Then the stock experienced a significant correction of around 40% down to the $550 level. After this giant pullback, Tesla shares came back for a successful retest of the $550 level. Since then, the stock has been in a steady, concise, upward channel. The current move higher should continue until the bullish trend breaks. However, the bullish trend is robust and could power Tesla shares to $1,000 by the end of this year. Moreover, the company has numerous favorable fundamental factors to go along with the constructive technical setup right now.</p><p><blockquote>特斯拉在2020年和去年年底取得了出色的增长。随后该股经历了约40%的大幅回调，跌至550美元的水平。在这次大幅回调之后，特斯拉股价卷土重来，成功重新测试550美元水平。此后，该股一直处于稳定、简洁的上升通道中。目前的上涨应该会持续到看涨趋势被打破。然而，看涨趋势强劲，可能会推动特斯拉股价在今年年底前升至1,000美元。此外，该公司目前拥有许多有利的基本面因素来配合建设性的技术设置。</blockquote></p><p> <b>Competitive Edge</b></p><p><blockquote><b>竞争优势</b></blockquote></p><p> Tesla continues to enjoy a multifaceted competitive advantage relative to its peers. Its approach to marketing, sales, software development, battery production, supercharging, design, development, and production provides Tesla with a significant edge relative to its competitors. Tesla designs and delivers everything from scratch, and the company remains ever focused on staying ahead of the curve innovation-wise in the EV space. However, most traditional automakers are still mainly focused on ICE vehicles and are still pivoting towards EVs. The bottom line is that the EV market is continuously gaining share over the conventional ICE market, and Tesla is the clear leader when it comes to EVs.</p><p><blockquote>相对于同行，特斯拉继续享有多方面的竞争优势。其营销、销售、软件开发、电池生产、增压、设计、开发和生产方法使特斯拉相对于竞争对手具有显着优势。特斯拉从头开始设计和交付一切，该公司始终专注于在电动汽车领域的创新方面保持领先地位。然而，大多数传统汽车制造商仍然主要专注于内燃机汽车，并且仍在转向电动汽车。最重要的是，电动汽车市场正在不断获得传统内燃机市场的份额，而特斯拉在电动汽车方面显然是领导者。</blockquote></p><p> <b>Global EV Market Share First Half of 2021</b></p><p><blockquote><b>2021年上半年全球电动汽车市场份额</b></blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/460efe2072a471a917fc24f40e742d6e\" tg-width=\"640\" tg-height=\"497\" width=\"100%\" height=\"auto\"><span>Source: statista.com</span></p><p><blockquote><p class=\"t-img-caption\"><span>资料来源：statista.com</span></p></blockquote></p><p> <b>Deliveries Surge</b></p><p><blockquote><b>交付量激增</b></blockquote></p><p> Tesla just announced another record deliveries quarter of&nbsp;241,300 vehiclesin Q3, a&nbsp;20% increase&nbsp;over the last quarter and a remarkable&nbsp;73% YoY surge. Tesla delivered a total of 9,275 Model S/X vehicles along with 232,025 mainstream Model 3/Y cars. Now, if we adjust for lease vehicles, we arrive at about 7,420 Model S/X vehicle sales and roughly 218,104 Model 3/Y vehicles sold in the third quarter.</p><p><blockquote>特斯拉刚刚宣布第三季度交付量再创新高，达到241,300辆，比上一季度增长20%，同比大幅增长73%。特斯拉总共交付了9,275辆Model S/X汽车以及232,025辆主流Model 3/Y汽车。现在，如果我们对租赁车辆进行调整，我们得出第三季度Model S/X汽车销量约为7,420辆，Model 3/Y汽车销量约为218,104辆。</blockquote></p><p> Last quarter (Q2 2021), Tesla sold (leases excluded) a total of about 187,163 vehicles for&nbsp;$9.874 billion. This sales image suggests that the average selling price (\"ASP\") across all vehicles was roughly $53K. Tesla sold approximately 1,550 Model S/X vehicles in Q2. Thus, if we approximate an ASP of $100,000 - $110,000 for Model S/X vehicle sales, we are left with about $52,000 for the Model 3/Y segment.</p><p><blockquote>上个季度（2021年第二季度），特斯拉总共售出（不包括租赁）约187,163辆汽车，价值98.74亿美元。这张销售图片表明，所有车辆的平均售价(“ASP”)约为5.3万美元。特斯拉在Q2销售了约1550辆Model S/X汽车。因此，如果我们估计Model S/X车辆销售的平均售价为100,000-110,000美元，那么Model 3/Y细分市场的平均售价约为52,000美元。</blockquote></p><p> Therefore, to get an approximate number for Tesla vehicle sales in Q3, we can use an ASP of $105,000 for the 7,420 Model S/X vehicles sold in the quarter, and we can use the $52,000 ASP for the 218,104 Model 3/Y cars delivered in Q3. This estimate gives us an approximate $800 million in Model S/X sales and $11.34 billion in Model 3/Y sales.</p><p><blockquote>因此，要获得第三季度特斯拉汽车销量的大致数字，我们可以对该季度售出的7,420辆Model S/X汽车使用105,000美元的ASP，对218,104辆Model 3/Y汽车使用52,000美元的ASP在第三季度交付。根据这一估计，Model S/X的销售额约为8亿美元，Model 3/Y的销售额约为113.4亿美元。</blockquote></p><p> <b>Q3 Earnings Outlook</b></p><p><blockquote><b>第三季度盈利展望</b></blockquote></p><p> <b>Analysts Estimates:</b></p><p><blockquote><b>分析师估计：</b></blockquote></p><p></p><p> Last quarter, Tesla delivered&nbsp;$1.45 in EPS, beating consensus analysts' forecasts by about $0.47 or 48%. The company announced revenues of $11.96 billion, beating estimates by $559.33 million simultaneously. Now for Q3, consensus estimates are for EPS of $1.47 and revenues of $13.49 billion. However, I think Tesla will beat these figures as well.</p><p><blockquote>上季度，特斯拉的每股收益为1.45美元，比分析师普遍预期高出约0.47美元，即48%。该公司宣布营收为119.6亿美元，同时超出预期5.5933亿美元。目前，第三季度的普遍预期是每股收益为1.47美元，营收为134.9亿美元。然而，我认为特斯拉也会超过这些数字。</blockquote></p><p> <b>My Estimates:</b></p><p><blockquote><b>我的估计：</b></blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/49202e7907ab71b56fdc7a9bd908431d\" tg-width=\"640\" tg-height=\"975\" width=\"100%\" height=\"auto\"><span>Source: Author's Material</span></p><p><blockquote><p class=\"t-img-caption\"><span>来源：作者材料</span></p></blockquote></p><p> Instead of the $13.49 billion revenues figure, I am looking for $14.74 billion in revenues, about a 9% increase over consensus expectations. Moreover, I think we can see about $1.85 in non-GAAP EPS out of Tesla in Q3, roughly 26% better than the current consensus figures imply. If Tesla makes good on its notably better-than-expected Q3 results, the stock will have a strong catalyst for a rally into year-end.</p><p><blockquote>我预计的收入不是134.9亿美元，而是147.4亿美元，比普遍预期增长约9%。此外，我认为我们可以看到特斯拉第三季度的非GAAP每股收益约为1.85美元，比当前共识数据高出约26%。如果特斯拉实现明显好于预期的第三季度业绩，该股将成为年底反弹的强大催化剂。</blockquote></p><p> <b>Bright Future Ahead for Tesla</b></p><p><blockquote><b>特斯拉前途光明</b></blockquote></p><p> Estimates are moving up for Tesla. There have been&nbsp;26 upward revisions&nbsp;relative to just one downward (FY2021) revision over the last 90 days. Still, estimates could continue to move higher.</p><p><blockquote>对特斯拉的估计正在上升。在过去90天内，有26次上调，而只有一次下调（2021财年）。尽管如此，预期可能会继续走高。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/bda469abb83b22a2a4505ae8d0373158\" tg-width=\"640\" tg-height=\"276\" width=\"100%\" height=\"auto\"><span>Source: seekingalpha.com</span></p><p><blockquote><p class=\"t-img-caption\"><span>资料来源：seekingalpha.com</span></p></blockquote></p><p> First, I want to draw your attention to the number of beats in recent quarters. Sure, Tesla's earnings remain somewhat volatile, but it's difficult to deny the better-than-anticipated earnings growth of late. Consensus estimates were for $3.61 in EPS for the last four quarters. Yet, the company's actual EPS numbers came in at $3.94, an average beat of around 9% over consensus estimates. We already see estimates that are substantial increases on a YoY basis, but I think that results can continue to come in stronger than anticipated (by about 10-20%) as we advance.</p><p><blockquote>首先，我想提请您注意最近几个季度的节拍数量。当然，特斯拉的盈利仍然有些波动，但很难否认最近好于预期的盈利增长。市场普遍预期过去四个季度的每股收益为3.61美元。然而，该公司的实际每股收益为3.94美元，平均比市场普遍预期高出9%左右。我们已经看到了同比大幅增长的估计，但我认为随着我们的进展，结果可能会继续强于预期（约10-20%）。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/8eb9918909984b4de589a4266c10f2a5\" tg-width=\"640\" tg-height=\"282\" width=\"100%\" height=\"auto\"><span>Source: seekingalpha.com</span></p><p><blockquote><p class=\"t-img-caption\"><span>资料来源：seekingalpha.com</span></p></blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/b3215da27370b6e97c23883ece163f6b\" tg-width=\"640\" tg-height=\"279\" width=\"100%\" height=\"auto\"><span>Source: seekingalpha.com</span></p><p><blockquote><p class=\"t-img-caption\"><span>资料来源：seekingalpha.com</span></p></blockquote></p><p> We see expectations for significant EPS and revenue gains in future years for Tesla. While the stock may seem relatively expensive right now, shares should become increasingly less costly as EPS surge in coming years.</p><p><blockquote>我们预计特斯拉未来几年的每股收益和收入将大幅增长。虽然该股目前看起来相对昂贵，但随着未来几年每股收益的飙升，该股的成本应该会越来越低。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/4392b7b8eeb3a6fc412f6cd79fe9e44e\" tg-width=\"640\" tg-height=\"330\" width=\"100%\" height=\"auto\"><span>Source: seekingalpha.com</span></p><p><blockquote><p class=\"t-img-caption\"><span>资料来源：seekingalpha.com</span></p></blockquote></p><p> Here is what Tesla's EPS, P/E ratio, and share price could look like in future years.</p><p><blockquote>以下是特斯拉未来几年的每股收益、市盈率和股价。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/b9e110af6b9747752c5a540bdb00c5a4\" tg-width=\"905\" tg-height=\"382\" width=\"100%\" height=\"auto\"><span>Source: Author's Material</span></p><p><blockquote><p class=\"t-img-caption\"><span>来源：作者材料</span></p></blockquote></p><p> <b>The Bottom Line</b></p><p><blockquote><b>底线</b></blockquote></p><p> Tesla's steady and robust EPS growth trend should continue, and I expect the company's share price could reach $2,500 or higher by the end of the decade. Now, some market participants could argue that these stock price projections are optimistic. However, I think that these projections may be relatively modest. First, the company could deliver higher EPS than I anticipate in future years, and second, Tesla's P/E ratio could remain elevated for longer.</p><p><blockquote>特斯拉稳定强劲的每股收益增长趋势应该会持续下去，我预计到本世纪末该公司的股价可能会达到2,500美元或更高。现在，一些市场参与者可能会认为这些股价预测是乐观的。然而，我认为这些预测可能相对温和。首先，该公司未来几年的每股收益可能会高于我的预期，其次，特斯拉的市盈率可能会在更长时间内保持较高水平。</blockquote></p><p> Due to Tesla's unique growth dynamic, the only company that can compare to Tesla is Amazon(NASDAQ:AMZN), in my view. Amazon's current valuation is what a more mature Tesla valuation could become. Incidentally, Amazon currently trades at about 58 times EPS, exactly where I have my 2029 Tesla P/E ratio pegged. Also, the projected stock price appreciation is only 220% from current levels, which is relatively modest if we consider the number of years.</p><p><blockquote>由于特斯拉独特的增长动力，在我看来，唯一可以与特斯拉相比的公司是亚马逊（纳斯达克：AMZN）。亚马逊目前的估值是更成熟的特斯拉估值可能达到的水平。顺便说一句，亚马逊目前的市盈率约为58倍，这正是我对2029年特斯拉市盈率的预期。此外，预计股价较当前水平仅上涨220%，如果考虑年数，这一涨幅相对较小。</blockquote></p><p> <b>Risks to Tesla's $2,500 Price Target</b></p><p><blockquote><b>特斯拉2,500美元目标价面临风险</b></blockquote></p><p> Of course, when you are talking about Tesla, there are risks to consider. While I estimate that the company can earn close to $50 per share by 2030, the company is very far from such figures right now. Therefore, there is the risk that Tesla will not illustrate the kind of earnings growth I envision. A slowdown in demand, increased competition, supply issues, decreased growth, and other variables are all risks we should consider before betting on Tesla to increase EPS nearly tenfold by 2030. Serious concerns could cause Tesla's valuation to lose altitude, and the company's share price could even head in reverse if any serious issues should arise. Therefore, I believe one should consider the risks carefully before committing any capital to a Tesla investment.</p><p><blockquote>当然，当你谈论特斯拉时，有风险需要考虑。虽然我估计到2030年该公司每股收益可接近50美元，但该公司目前距离这样的数字还很远。因此，特斯拉存在无法实现我所设想的盈利增长的风险。需求放缓、竞争加剧、供应问题、增长下降和其他变量都是我们在押注特斯拉到2030年每股收益增长近十倍之前应该考虑的风险。严重的担忧可能会导致特斯拉的估值下降，如果出现任何严重问题，该公司的股价甚至可能出现逆转。因此，我认为在投入任何资金进行特斯拉投资之前，应该仔细考虑风险。</blockquote></p><p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Tesla Stock: The Path To $2,500 By 2030<blockquote>特斯拉股票：到2030年将达到2,500美元</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 Stock: The Path To $2,500 By 2030<blockquote>特斯拉股票：到2030年将达到2,500美元</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Seeking Alpha</strong><span class=\"h-time small\">2021-10-12 23:27</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>Tesla experienced explosive gains last year.</li>  <li>This year, the stock has struggled, but the company is on the right track.</li>  <li>Better-than-anticipated production and deliveries data suggests the stock can push higher into year-end.</li>  <li>I suspect Tesla has more upside, and the stock could hit $2,500 in future years.</li> </ul> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/207deb1c8eb2af0f4c49abcb18226dd4\" tg-width=\"1536\" tg-height=\"1024\" width=\"100%\" height=\"auto\"><span>Spencer Platt/Getty Images News</span></p><p><blockquote><ul><li>特斯拉去年经历了爆炸性的增长。</li><li>今年，该股表现不佳，但该公司正走在正确的轨道上。</li><li>好于预期的生产和交付数据表明该股可能会在年底前走高。</li><li>我怀疑特斯拉还有更大的上涨空间，该股未来几年可能会触及2,500美元。</li></ul><p class=\"t-img-caption\"><span>斯宾塞·普拉特/盖蒂图片社新闻</span></p></blockquote></p><p> I've been a Tesla(NASDAQ:TSLA)bull for a long time now. It's hard to believe, but the first time I purchased Tesla's stock was eight years ago when the share price was around a split-adjusted $30. Now, roughly 2,500% higher, I am still long Tesla and I think there is more upside in this stock. Tesla remains the leader in the ultra-lucrative EV space. The company arguably has the best products, powered by the most advanced technologies.</p><p><blockquote>我长期以来一直看好特斯拉（纳斯达克：TSLA）。很难相信，我第一次购买特斯拉的股票是在八年前，当时股价约为分拆调整后的30美元。现在，大约上涨了2,500%，我仍然做多特斯拉，我认为这只股票还有更大的上涨空间。特斯拉仍然是利润丰厚的电动汽车领域的领导者。该公司可以说拥有最好的产品，由最先进的技术驱动。</blockquote></p><p> Additionally, Tesla has a unique set of competitive advantages that the company utilizes to stay ahead of its competition year after year. Tesla just put up stellar delivery and production numbers, will likely surpass analysts' expectations this quarter, and the company has enormous revenue and EPS growth potential as we advance. While we will not see Tesla shares gain another 2,500% from here any time soon, the stock can probably hit $1,000 by year-end or early next year. Moreover, Tesla shares could climb substantially higher over the next several years as well.</p><p><blockquote>此外，特斯拉拥有一系列独特的竞争优势，该公司利用这些优势年复一年地在竞争中保持领先地位。特斯拉刚刚公布了出色的交付和生产数据，本季度可能会超出分析师的预期，随着我们的发展，该公司拥有巨大的收入和每股收益增长潜力。虽然我们不会看到特斯拉股价很快再上涨2,500%，但到年底或明年初，该股可能会触及1,000美元。此外，特斯拉股价在未来几年也可能大幅攀升。</blockquote></p><p> <b>Technical Setup</b></p><p><blockquote><b>技术设置</b></blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/dabe94c8ac775d6a4113df03ad66ffdb\" tg-width=\"640\" tg-height=\"676\" width=\"100%\" height=\"auto\"><span>Source: Stockcharts.com</span></p><p><blockquote><p class=\"t-img-caption\"><span>资料来源：Stockcharts.com</span></p></blockquote></p><p> Tesla had a stellar run-up in 2020 and into year-end last year. Then the stock experienced a significant correction of around 40% down to the $550 level. After this giant pullback, Tesla shares came back for a successful retest of the $550 level. Since then, the stock has been in a steady, concise, upward channel. The current move higher should continue until the bullish trend breaks. However, the bullish trend is robust and could power Tesla shares to $1,000 by the end of this year. Moreover, the company has numerous favorable fundamental factors to go along with the constructive technical setup right now.</p><p><blockquote>特斯拉在2020年和去年年底取得了出色的增长。随后该股经历了约40%的大幅回调，跌至550美元的水平。在这次大幅回调之后，特斯拉股价卷土重来，成功重新测试550美元水平。此后，该股一直处于稳定、简洁的上升通道中。目前的上涨应该会持续到看涨趋势被打破。然而，看涨趋势强劲，可能会推动特斯拉股价在今年年底前升至1,000美元。此外，该公司目前拥有许多有利的基本面因素来配合建设性的技术设置。</blockquote></p><p> <b>Competitive Edge</b></p><p><blockquote><b>竞争优势</b></blockquote></p><p> Tesla continues to enjoy a multifaceted competitive advantage relative to its peers. Its approach to marketing, sales, software development, battery production, supercharging, design, development, and production provides Tesla with a significant edge relative to its competitors. Tesla designs and delivers everything from scratch, and the company remains ever focused on staying ahead of the curve innovation-wise in the EV space. However, most traditional automakers are still mainly focused on ICE vehicles and are still pivoting towards EVs. The bottom line is that the EV market is continuously gaining share over the conventional ICE market, and Tesla is the clear leader when it comes to EVs.</p><p><blockquote>相对于同行，特斯拉继续享有多方面的竞争优势。其营销、销售、软件开发、电池生产、增压、设计、开发和生产方法使特斯拉相对于竞争对手具有显着优势。特斯拉从头开始设计和交付一切，该公司始终专注于在电动汽车领域的创新方面保持领先地位。然而，大多数传统汽车制造商仍然主要专注于内燃机汽车，并且仍在转向电动汽车。最重要的是，电动汽车市场正在不断获得传统内燃机市场的份额，而特斯拉在电动汽车方面显然是领导者。</blockquote></p><p> <b>Global EV Market Share First Half of 2021</b></p><p><blockquote><b>2021年上半年全球电动汽车市场份额</b></blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/460efe2072a471a917fc24f40e742d6e\" tg-width=\"640\" tg-height=\"497\" width=\"100%\" height=\"auto\"><span>Source: statista.com</span></p><p><blockquote><p class=\"t-img-caption\"><span>资料来源：statista.com</span></p></blockquote></p><p> <b>Deliveries Surge</b></p><p><blockquote><b>交付量激增</b></blockquote></p><p> Tesla just announced another record deliveries quarter of&nbsp;241,300 vehiclesin Q3, a&nbsp;20% increase&nbsp;over the last quarter and a remarkable&nbsp;73% YoY surge. Tesla delivered a total of 9,275 Model S/X vehicles along with 232,025 mainstream Model 3/Y cars. Now, if we adjust for lease vehicles, we arrive at about 7,420 Model S/X vehicle sales and roughly 218,104 Model 3/Y vehicles sold in the third quarter.</p><p><blockquote>特斯拉刚刚宣布第三季度交付量再创新高，达到241,300辆，比上一季度增长20%，同比大幅增长73%。特斯拉总共交付了9,275辆Model S/X汽车以及232,025辆主流Model 3/Y汽车。现在，如果我们对租赁车辆进行调整，我们得出第三季度Model S/X汽车销量约为7,420辆，Model 3/Y汽车销量约为218,104辆。</blockquote></p><p> Last quarter (Q2 2021), Tesla sold (leases excluded) a total of about 187,163 vehicles for&nbsp;$9.874 billion. This sales image suggests that the average selling price (\"ASP\") across all vehicles was roughly $53K. Tesla sold approximately 1,550 Model S/X vehicles in Q2. Thus, if we approximate an ASP of $100,000 - $110,000 for Model S/X vehicle sales, we are left with about $52,000 for the Model 3/Y segment.</p><p><blockquote>上个季度（2021年第二季度），特斯拉总共售出（不包括租赁）约187,163辆汽车，价值98.74亿美元。这张销售图片表明，所有车辆的平均售价(“ASP”)约为5.3万美元。特斯拉在Q2销售了约1550辆Model S/X汽车。因此，如果我们估计Model S/X车辆销售的平均售价为100,000-110,000美元，那么Model 3/Y细分市场的平均售价约为52,000美元。</blockquote></p><p> Therefore, to get an approximate number for Tesla vehicle sales in Q3, we can use an ASP of $105,000 for the 7,420 Model S/X vehicles sold in the quarter, and we can use the $52,000 ASP for the 218,104 Model 3/Y cars delivered in Q3. This estimate gives us an approximate $800 million in Model S/X sales and $11.34 billion in Model 3/Y sales.</p><p><blockquote>因此，要获得第三季度特斯拉汽车销量的大致数字，我们可以对该季度售出的7,420辆Model S/X汽车使用105,000美元的ASP，对218,104辆Model 3/Y汽车使用52,000美元的ASP在第三季度交付。根据这一估计，Model S/X的销售额约为8亿美元，Model 3/Y的销售额约为113.4亿美元。</blockquote></p><p> <b>Q3 Earnings Outlook</b></p><p><blockquote><b>第三季度盈利展望</b></blockquote></p><p> <b>Analysts Estimates:</b></p><p><blockquote><b>分析师估计：</b></blockquote></p><p></p><p> Last quarter, Tesla delivered&nbsp;$1.45 in EPS, beating consensus analysts' forecasts by about $0.47 or 48%. The company announced revenues of $11.96 billion, beating estimates by $559.33 million simultaneously. Now for Q3, consensus estimates are for EPS of $1.47 and revenues of $13.49 billion. However, I think Tesla will beat these figures as well.</p><p><blockquote>上季度，特斯拉的每股收益为1.45美元，比分析师普遍预期高出约0.47美元，即48%。该公司宣布营收为119.6亿美元，同时超出预期5.5933亿美元。目前，第三季度的普遍预期是每股收益为1.47美元，营收为134.9亿美元。然而，我认为特斯拉也会超过这些数字。</blockquote></p><p> <b>My Estimates:</b></p><p><blockquote><b>我的估计：</b></blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/49202e7907ab71b56fdc7a9bd908431d\" tg-width=\"640\" tg-height=\"975\" width=\"100%\" height=\"auto\"><span>Source: Author's Material</span></p><p><blockquote><p class=\"t-img-caption\"><span>来源：作者材料</span></p></blockquote></p><p> Instead of the $13.49 billion revenues figure, I am looking for $14.74 billion in revenues, about a 9% increase over consensus expectations. Moreover, I think we can see about $1.85 in non-GAAP EPS out of Tesla in Q3, roughly 26% better than the current consensus figures imply. If Tesla makes good on its notably better-than-expected Q3 results, the stock will have a strong catalyst for a rally into year-end.</p><p><blockquote>我预计的收入不是134.9亿美元，而是147.4亿美元，比普遍预期增长约9%。此外，我认为我们可以看到特斯拉第三季度的非GAAP每股收益约为1.85美元，比当前共识数据高出约26%。如果特斯拉实现明显好于预期的第三季度业绩，该股将成为年底反弹的强大催化剂。</blockquote></p><p> <b>Bright Future Ahead for Tesla</b></p><p><blockquote><b>特斯拉前途光明</b></blockquote></p><p> Estimates are moving up for Tesla. There have been&nbsp;26 upward revisions&nbsp;relative to just one downward (FY2021) revision over the last 90 days. Still, estimates could continue to move higher.</p><p><blockquote>对特斯拉的估计正在上升。在过去90天内，有26次上调，而只有一次下调（2021财年）。尽管如此，预期可能会继续走高。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/bda469abb83b22a2a4505ae8d0373158\" tg-width=\"640\" tg-height=\"276\" width=\"100%\" height=\"auto\"><span>Source: seekingalpha.com</span></p><p><blockquote><p class=\"t-img-caption\"><span>资料来源：seekingalpha.com</span></p></blockquote></p><p> First, I want to draw your attention to the number of beats in recent quarters. Sure, Tesla's earnings remain somewhat volatile, but it's difficult to deny the better-than-anticipated earnings growth of late. Consensus estimates were for $3.61 in EPS for the last four quarters. Yet, the company's actual EPS numbers came in at $3.94, an average beat of around 9% over consensus estimates. We already see estimates that are substantial increases on a YoY basis, but I think that results can continue to come in stronger than anticipated (by about 10-20%) as we advance.</p><p><blockquote>首先，我想提请您注意最近几个季度的节拍数量。当然，特斯拉的盈利仍然有些波动，但很难否认最近好于预期的盈利增长。市场普遍预期过去四个季度的每股收益为3.61美元。然而，该公司的实际每股收益为3.94美元，平均比市场普遍预期高出9%左右。我们已经看到了同比大幅增长的估计，但我认为随着我们的进展，结果可能会继续强于预期（约10-20%）。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/8eb9918909984b4de589a4266c10f2a5\" tg-width=\"640\" tg-height=\"282\" width=\"100%\" height=\"auto\"><span>Source: seekingalpha.com</span></p><p><blockquote><p class=\"t-img-caption\"><span>资料来源：seekingalpha.com</span></p></blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/b3215da27370b6e97c23883ece163f6b\" tg-width=\"640\" tg-height=\"279\" width=\"100%\" height=\"auto\"><span>Source: seekingalpha.com</span></p><p><blockquote><p class=\"t-img-caption\"><span>资料来源：seekingalpha.com</span></p></blockquote></p><p> We see expectations for significant EPS and revenue gains in future years for Tesla. While the stock may seem relatively expensive right now, shares should become increasingly less costly as EPS surge in coming years.</p><p><blockquote>我们预计特斯拉未来几年的每股收益和收入将大幅增长。虽然该股目前看起来相对昂贵，但随着未来几年每股收益的飙升，该股的成本应该会越来越低。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/4392b7b8eeb3a6fc412f6cd79fe9e44e\" tg-width=\"640\" tg-height=\"330\" width=\"100%\" height=\"auto\"><span>Source: seekingalpha.com</span></p><p><blockquote><p class=\"t-img-caption\"><span>资料来源：seekingalpha.com</span></p></blockquote></p><p> Here is what Tesla's EPS, P/E ratio, and share price could look like in future years.</p><p><blockquote>以下是特斯拉未来几年的每股收益、市盈率和股价。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/b9e110af6b9747752c5a540bdb00c5a4\" tg-width=\"905\" tg-height=\"382\" width=\"100%\" height=\"auto\"><span>Source: Author's Material</span></p><p><blockquote><p class=\"t-img-caption\"><span>来源：作者材料</span></p></blockquote></p><p> <b>The Bottom Line</b></p><p><blockquote><b>底线</b></blockquote></p><p> Tesla's steady and robust EPS growth trend should continue, and I expect the company's share price could reach $2,500 or higher by the end of the decade. Now, some market participants could argue that these stock price projections are optimistic. However, I think that these projections may be relatively modest. First, the company could deliver higher EPS than I anticipate in future years, and second, Tesla's P/E ratio could remain elevated for longer.</p><p><blockquote>特斯拉稳定强劲的每股收益增长趋势应该会持续下去，我预计到本世纪末该公司的股价可能会达到2,500美元或更高。现在，一些市场参与者可能会认为这些股价预测是乐观的。然而，我认为这些预测可能相对温和。首先，该公司未来几年的每股收益可能会高于我的预期，其次，特斯拉的市盈率可能会在更长时间内保持较高水平。</blockquote></p><p> Due to Tesla's unique growth dynamic, the only company that can compare to Tesla is Amazon(NASDAQ:AMZN), in my view. Amazon's current valuation is what a more mature Tesla valuation could become. Incidentally, Amazon currently trades at about 58 times EPS, exactly where I have my 2029 Tesla P/E ratio pegged. Also, the projected stock price appreciation is only 220% from current levels, which is relatively modest if we consider the number of years.</p><p><blockquote>由于特斯拉独特的增长动力，在我看来，唯一可以与特斯拉相比的公司是亚马逊（纳斯达克：AMZN）。亚马逊目前的估值是更成熟的特斯拉估值可能达到的水平。顺便说一句，亚马逊目前的市盈率约为58倍，这正是我对2029年特斯拉市盈率的预期。此外，预计股价较当前水平仅上涨220%，如果考虑年数，这一涨幅相对较小。</blockquote></p><p> <b>Risks to Tesla's $2,500 Price Target</b></p><p><blockquote><b>特斯拉2,500美元目标价面临风险</b></blockquote></p><p> Of course, when you are talking about Tesla, there are risks to consider. While I estimate that the company can earn close to $50 per share by 2030, the company is very far from such figures right now. Therefore, there is the risk that Tesla will not illustrate the kind of earnings growth I envision. A slowdown in demand, increased competition, supply issues, decreased growth, and other variables are all risks we should consider before betting on Tesla to increase EPS nearly tenfold by 2030. Serious concerns could cause Tesla's valuation to lose altitude, and the company's share price could even head in reverse if any serious issues should arise. Therefore, I believe one should consider the risks carefully before committing any capital to a Tesla investment.</p><p><blockquote>当然，当你谈论特斯拉时，有风险需要考虑。虽然我估计到2030年该公司每股收益可接近50美元，但该公司目前距离这样的数字还很远。因此，特斯拉存在无法实现我所设想的盈利增长的风险。需求放缓、竞争加剧、供应问题、增长下降和其他变量都是我们在押注特斯拉到2030年每股收益增长近十倍之前应该考虑的风险。严重的担忧可能会导致特斯拉的估值下降，如果出现任何严重问题，该公司的股价甚至可能出现逆转。因此，我认为在投入任何资金进行特斯拉投资之前，应该仔细考虑风险。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://seekingalpha.com/article/4459378-tesla-path-to-2500-by-2030\">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":{"TSLA":"特斯拉"},"source_url":"https://seekingalpha.com/article/4459378-tesla-path-to-2500-by-2030","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1188785088","content_text":"Summary\n\nTesla experienced explosive gains last year.\nThis year, the stock has struggled, but the company is on the right track.\nBetter-than-anticipated production and deliveries data suggests the stock can push higher into year-end.\nI suspect Tesla has more upside, and the stock could hit $2,500 in future years.\n\nSpencer Platt/Getty Images News\nI've been a Tesla(NASDAQ:TSLA)bull for a long time now. It's hard to believe, but the first time I purchased Tesla's stock was eight years ago when the share price was around a split-adjusted $30. Now, roughly 2,500% higher, I am still long Tesla and I think there is more upside in this stock. Tesla remains the leader in the ultra-lucrative EV space. The company arguably has the best products, powered by the most advanced technologies.\nAdditionally, Tesla has a unique set of competitive advantages that the company utilizes to stay ahead of its competition year after year. Tesla just put up stellar delivery and production numbers, will likely surpass analysts' expectations this quarter, and the company has enormous revenue and EPS growth potential as we advance. While we will not see Tesla shares gain another 2,500% from here any time soon, the stock can probably hit $1,000 by year-end or early next year. Moreover, Tesla shares could climb substantially higher over the next several years as well.\nTechnical Setup\nSource: Stockcharts.com\nTesla had a stellar run-up in 2020 and into year-end last year. Then the stock experienced a significant correction of around 40% down to the $550 level. After this giant pullback, Tesla shares came back for a successful retest of the $550 level. Since then, the stock has been in a steady, concise, upward channel. The current move higher should continue until the bullish trend breaks. However, the bullish trend is robust and could power Tesla shares to $1,000 by the end of this year. Moreover, the company has numerous favorable fundamental factors to go along with the constructive technical setup right now.\nCompetitive Edge\nTesla continues to enjoy a multifaceted competitive advantage relative to its peers. Its approach to marketing, sales, software development, battery production, supercharging, design, development, and production provides Tesla with a significant edge relative to its competitors. Tesla designs and delivers everything from scratch, and the company remains ever focused on staying ahead of the curve innovation-wise in the EV space. However, most traditional automakers are still mainly focused on ICE vehicles and are still pivoting towards EVs. The bottom line is that the EV market is continuously gaining share over the conventional ICE market, and Tesla is the clear leader when it comes to EVs.\nGlobal EV Market Share First Half of 2021\nSource: statista.com\nDeliveries Surge\nTesla just announced another record deliveries quarter of 241,300 vehiclesin Q3, a 20% increase over the last quarter and a remarkable 73% YoY surge. Tesla delivered a total of 9,275 Model S/X vehicles along with 232,025 mainstream Model 3/Y cars. Now, if we adjust for lease vehicles, we arrive at about 7,420 Model S/X vehicle sales and roughly 218,104 Model 3/Y vehicles sold in the third quarter.\nLast quarter (Q2 2021), Tesla sold (leases excluded) a total of about 187,163 vehicles for $9.874 billion. This sales image suggests that the average selling price (\"ASP\") across all vehicles was roughly $53K. Tesla sold approximately 1,550 Model S/X vehicles in Q2. Thus, if we approximate an ASP of $100,000 - $110,000 for Model S/X vehicle sales, we are left with about $52,000 for the Model 3/Y segment.\nTherefore, to get an approximate number for Tesla vehicle sales in Q3, we can use an ASP of $105,000 for the 7,420 Model S/X vehicles sold in the quarter, and we can use the $52,000 ASP for the 218,104 Model 3/Y cars delivered in Q3. This estimate gives us an approximate $800 million in Model S/X sales and $11.34 billion in Model 3/Y sales.\nQ3 Earnings Outlook\nAnalysts Estimates:\nLast quarter, Tesla delivered $1.45 in EPS, beating consensus analysts' forecasts by about $0.47 or 48%. The company announced revenues of $11.96 billion, beating estimates by $559.33 million simultaneously. Now for Q3, consensus estimates are for EPS of $1.47 and revenues of $13.49 billion. However, I think Tesla will beat these figures as well.\nMy Estimates:\nSource: Author's Material\nInstead of the $13.49 billion revenues figure, I am looking for $14.74 billion in revenues, about a 9% increase over consensus expectations. Moreover, I think we can see about $1.85 in non-GAAP EPS out of Tesla in Q3, roughly 26% better than the current consensus figures imply. If Tesla makes good on its notably better-than-expected Q3 results, the stock will have a strong catalyst for a rally into year-end.\nBright Future Ahead for Tesla\nEstimates are moving up for Tesla. There have been 26 upward revisions relative to just one downward (FY2021) revision over the last 90 days. Still, estimates could continue to move higher.\nSource: seekingalpha.com\nFirst, I want to draw your attention to the number of beats in recent quarters. Sure, Tesla's earnings remain somewhat volatile, but it's difficult to deny the better-than-anticipated earnings growth of late. Consensus estimates were for $3.61 in EPS for the last four quarters. Yet, the company's actual EPS numbers came in at $3.94, an average beat of around 9% over consensus estimates. We already see estimates that are substantial increases on a YoY basis, but I think that results can continue to come in stronger than anticipated (by about 10-20%) as we advance.\nSource: seekingalpha.com\nSource: seekingalpha.com\nWe see expectations for significant EPS and revenue gains in future years for Tesla. While the stock may seem relatively expensive right now, shares should become increasingly less costly as EPS surge in coming years.\nSource: seekingalpha.com\nHere is what Tesla's EPS, P/E ratio, and share price could look like in future years.\nSource: Author's Material\nThe Bottom Line\nTesla's steady and robust EPS growth trend should continue, and I expect the company's share price could reach $2,500 or higher by the end of the decade. Now, some market participants could argue that these stock price projections are optimistic. However, I think that these projections may be relatively modest. First, the company could deliver higher EPS than I anticipate in future years, and second, Tesla's P/E ratio could remain elevated for longer.\nDue to Tesla's unique growth dynamic, the only company that can compare to Tesla is Amazon(NASDAQ:AMZN), in my view. Amazon's current valuation is what a more mature Tesla valuation could become. Incidentally, Amazon currently trades at about 58 times EPS, exactly where I have my 2029 Tesla P/E ratio pegged. Also, the projected stock price appreciation is only 220% from current levels, which is relatively modest if we consider the number of years.\nRisks to Tesla's $2,500 Price Target\nOf course, when you are talking about Tesla, there are risks to consider. While I estimate that the company can earn close to $50 per share by 2030, the company is very far from such figures right now. Therefore, there is the risk that Tesla will not illustrate the kind of earnings growth I envision. A slowdown in demand, increased competition, supply issues, decreased growth, and other variables are all risks we should consider before betting on Tesla to increase EPS nearly tenfold by 2030. Serious concerns could cause Tesla's valuation to lose altitude, and the company's share price could even head in reverse if any serious issues should arise. Therefore, I believe one should consider the risks carefully before committing any capital to a Tesla investment.","news_type":1,"symbols_score_info":{"TSLA":0.9}},"isVote":1,"tweetType":1,"viewCount":1484,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":885371969,"gmtCreate":1631760074051,"gmtModify":1631890657991,"author":{"id":"3581542297351770","authorId":"3581542297351770","name":"Sylee123","avatar":"https://static.tigerbbs.com/cdcc42e342e5b28b466e7456cf027928","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3581542297351770","idStr":"3581542297351770"},"themes":[],"htmlText":"[Miser]&nbsp;","listText":"[Miser]&nbsp;","text":"[Miser]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/885371969","repostId":"2167559052","repostType":4,"isVote":1,"tweetType":1,"viewCount":1512,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":886057425,"gmtCreate":1631540863367,"gmtModify":1631890657996,"author":{"id":"3581542297351770","authorId":"3581542297351770","name":"Sylee123","avatar":"https://static.tigerbbs.com/cdcc42e342e5b28b466e7456cf027928","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3581542297351770","idStr":"3581542297351770"},"themes":[],"htmlText":"[Smile]&nbsp;","listText":"[Smile]&nbsp;","text":"[Smile]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/886057425","repostId":"1112189353","repostType":4,"repost":{"id":"1112189353","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":1631540038,"share":"https://www.laohu8.com/m/news/1112189353?lang=zh_CN&edition=full","pubTime":"2021-09-13 21:33","market":"us","language":"en","title":"U.S. stocks open solidly higher Monday following worst weekly decline in about 3 months<blockquote>继约三个月来最严重单周跌幅后，美国股市周一大幅高开</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1112189353","media":"Tiger Newspress","summary":"The Dow Jones Industrial Average gained Monday as U.S. stock indexes rebounded from a losing streak.","content":"<p>The Dow Jones Industrial Average gained Monday as U.S. stock indexes rebounded from a losing streak.</p><p><blockquote>随着美国股指从连跌中反弹，道琼斯工业平均指数周一上涨。</blockquote></p><p> The Dow jumped about 240 points, or 0.7%. The S&amp;P 500 gained 0.7% and the Nasdaq Composite added 0.6%.</p><p><blockquote>道琼斯指数上涨约240点，涨幅0.7%。标普500上涨0.7%，纳斯达克综合指数上涨0.6%。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/99d05df35cd84a09bab95f1d02ff1457\" tg-width=\"1052\" tg-height=\"446\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p> The bounce comes after the Dow and S&amp;P posting a fifth straight day of losses, while the Nasdaq Composite registered its third consecutive negative session. For the S&amp;P 500, that was its worst losing streak since February 22.</p><p><blockquote>此次反弹是在道琼斯指数和标准普尔指数连续第五天下跌，而纳斯达克综合指数连续第三个交易日下跌之后发生的。对于标普500来说，这是自2月22日以来最严重的连跌。</blockquote></p><p> \"With supply chain disruptions, COVID-19 variant risk, stickier than expected inflation along with other uncertainties that challenge the present recovery's path toward a sustainable economic expansion the age old adage 'progress not perfection' among current developments appears best suited for investors to focus on for now,\" Oppenheimer's John Stoltzfus said in a note Monday.</p><p><blockquote>“由于供应链中断、COVID-19变种风险、通胀粘性强于预期以及其他挑战当前复苏通往可持续经济扩张之路的不确定性，当前发展中的古老格言‘进步而非完美’似乎最适合投资者关注目前，”奥本海默的约翰·斯托尔茨福斯周一在一份报告中表示。</blockquote></p><p> Covid cases appear to be trending lower in the U.S. with a 7-day average through Friday of about 136,000, down from 157,000 average new cases at the end of August, according to the CDC. Pfizer's Covid vaccine could be&nbsp;authorized for children by the end of next month, sources familiar told Reuters.</p><p><blockquote>根据CDC的数据，美国的Covid病例似乎呈下降趋势，截至周五的7天平均新增病例约为136,000例，低于8月底的平均157,000例。知情人士告诉路透社，辉瑞的Covid疫苗可能会在下月底被授权用于儿童。</blockquote></p><p> Names linked to the reopening led the gains in premarket trading. Delta Air Lines and United Airlines shares gained. Carnival Corp edged higher. Traditional cyclical plays GM and Citigroup rose. MGM shares rose after an&nbsp;upgrade by Bernstein to outperform.</p><p><blockquote>与重新开放相关的名字领涨盘前交易。达美航空和联合航空股价上涨。嘉年华公司小幅走高。传统周期性股票通用汽车和花旗集团上涨。伯恩斯坦将米高梅股价上调至跑赢大盘后上涨。</blockquote></p><p> \"Vaccinations plus immunity should mean cases eventually fall. Full reopening and related spending has been pushed out,\" wrote UBS strategist Keith Parker, who sees the S&amp;P 500 gaining another 4% through year-end.</p><p><blockquote>瑞银策略师基思·帕克(Keith Parker)写道：“疫苗接种加上免疫力应该意味着病例最终会下降。全面重新开放和相关支出已被推迟。”他预计标普500到年底将再上涨4%。</blockquote></p><p> Traditional cyclical plays GM and Citigroup rose Monday. MGM shares rose after an&nbsp;upgrade by Bernstein to outperform.</p><p><blockquote>传统周期性股票通用汽车和花旗集团周一上涨。伯恩斯坦将米高梅股价上调至跑赢大盘后上涨。</blockquote></p><p> Tech shares gained as well. Apple moved higher ahead of a&nbsp;launch event Tuesday&nbsp;where the company is expected to introduce new iPhones.</p><p><blockquote>科技股也上涨。苹果在周二的发布会之前股价走高，预计该公司将在会上推出新款iPhone。</blockquote></p><p> Nike shares ticked lower after&nbsp;BTIG downgraded the stock&nbsp;citing supply chain challenges caused by the pandemic. Production issues could significantly impact Nike’s holiday sales, BTIG said.</p><p><blockquote>BTIG以疫情造成的供应链挑战为由下调耐克股票评级后，耐克股价小幅走低。BTIG表示，生产问题可能会严重影响耐克的假日销售。</blockquote></p><p> “Supply bottlenecks, inventory shortages, higher commodity prices, and higher shipping rates have all contributed to higher input costs,” noted Charlie Ripley, senior investment strategist for Allianz Investment Management.</p><p><blockquote>安联投资管理公司高级投资策略师查理·里普利指出：“供应瓶颈、库存短缺、大宗商品价格上涨和运费上涨都导致了投入成本上升。”</blockquote></p><p> Inflation fears have contributed to the market’s recent losses. Data released Friday showed that&nbsp;producer prices rose&nbsp;0.7% in August and 8.3% year over year, which was the biggest annual increase since records were first kept in November 2010.</p><p><blockquote>通胀担忧导致了市场近期的下跌。周五公布的数据显示，8月份生产者价格上涨0.7%，同比上涨8.3%，这是自2010年11月有记录以来的最大年度涨幅。</blockquote></p><p> ″[Friday’s] data on wholesale prices should be eye-opening for the Fed, as inflation pressures still don’t appear to be easing and will likely continue to be felt by the consumer in the coming months,” Ripley said.</p><p><blockquote>里普利表示：“[周五的]批发价格数据应该会让美联储大开眼界，因为通胀压力似乎仍未缓解，并且消费者可能会在未来几个月继续感受到通胀压力。”</blockquote></p><p> The closely watched consumer price index will be released on Tuesday, at which point the Street will see how much of the heightened costs are being passed along to consumers. Economists surveyed by FactSet are expecting the reading to show that consumer prices jumped&nbsp;5.3% on an annual pacein August. Retail sales data will be released later in the week.</p><p><blockquote>备受关注的消费者价格指数将于周二发布，届时华尔街将看到有多少上涨的成本被转嫁给了消费者。FactSet调查的经济学家预计，8月份消费者价格同比上涨5.零售销售数据将于本周晚些时候公布。</blockquote></p><p> Stocks have been under pressure since&nbsp;August’s jobs report, released by the Labor Department on September 3, missed expectations. Worries are rippling through the market that the pandemic will continue to hamper economic growth while hot inflation will prompt the Federal Reserve to take action.</p><p><blockquote>自美国劳工部9月3日发布的8月份就业报告未达预期以来，股市一直承压。市场普遍担心疫情将继续阻碍经济增长，而高通胀将促使美联储采取行动。</blockquote></p><p> “The negative impact of the delta variant on the cyclical trade is clear,” noted strategists at Jefferies. “It is increasingly evident that the impact of delta has delayed any Federal Reserve attempt at tapering, just as it has given fresh momentum to the Big Tech stocks with growth outperforming value so far this quarter.”</p><p><blockquote>杰富瑞策略师指出：“德尔塔变异毒株对周期性交易的负面影响是显而易见的。”“越来越明显的是，达美航空的影响推迟了美联储缩减规模的任何尝试，正如它为本季度迄今为止增长跑赢价值的大型科技股提供了新的动力一样。”</blockquote></p><p> The Fed will begin its two-day policy meeting on September 21, where investors will be looking for clues about the central bank’s bond-buying program.</p><p><blockquote>美联储将于9月21日开始为期两天的政策会议，届时投资者将寻找有关央行债券购买计划的线索。</blockquote></p><p> Despite last week’s losses, the major averages are still relatively close to their record levels. the Dow is about 2% from its all-time high, while the S&amp;P 500 and Nasdaq Composite are under 2% below their high-water marks.</p><p><blockquote>尽管上周有所下跌，但主要股指仍相对接近创纪录水平。道琼斯指数较历史高点下跌约2%，而标普500和纳斯达克综合指数较高点下跌不到2%。</blockquote></p><p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>U.S. stocks open solidly higher Monday following worst weekly decline in about 3 months<blockquote>继约三个月来最严重单周跌幅后，美国股市周一大幅高开</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; 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color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nU.S. stocks open solidly higher Monday following worst weekly decline in about 3 months<blockquote>继约三个月来最严重单周跌幅后，美国股市周一大幅高开</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\">2021-09-13 21:33</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>The Dow Jones Industrial Average gained Monday as U.S. stock indexes rebounded from a losing streak.</p><p><blockquote>随着美国股指从连跌中反弹，道琼斯工业平均指数周一上涨。</blockquote></p><p> The Dow jumped about 240 points, or 0.7%. The S&amp;P 500 gained 0.7% and the Nasdaq Composite added 0.6%.</p><p><blockquote>道琼斯指数上涨约240点，涨幅0.7%。标普500上涨0.7%，纳斯达克综合指数上涨0.6%。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/99d05df35cd84a09bab95f1d02ff1457\" tg-width=\"1052\" tg-height=\"446\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p> The bounce comes after the Dow and S&amp;P posting a fifth straight day of losses, while the Nasdaq Composite registered its third consecutive negative session. For the S&amp;P 500, that was its worst losing streak since February 22.</p><p><blockquote>此次反弹是在道琼斯指数和标准普尔指数连续第五天下跌，而纳斯达克综合指数连续第三个交易日下跌之后发生的。对于标普500来说，这是自2月22日以来最严重的连跌。</blockquote></p><p> \"With supply chain disruptions, COVID-19 variant risk, stickier than expected inflation along with other uncertainties that challenge the present recovery's path toward a sustainable economic expansion the age old adage 'progress not perfection' among current developments appears best suited for investors to focus on for now,\" Oppenheimer's John Stoltzfus said in a note Monday.</p><p><blockquote>“由于供应链中断、COVID-19变种风险、通胀粘性强于预期以及其他挑战当前复苏通往可持续经济扩张之路的不确定性，当前发展中的古老格言‘进步而非完美’似乎最适合投资者关注目前，”奥本海默的约翰·斯托尔茨福斯周一在一份报告中表示。</blockquote></p><p> Covid cases appear to be trending lower in the U.S. with a 7-day average through Friday of about 136,000, down from 157,000 average new cases at the end of August, according to the CDC. Pfizer's Covid vaccine could be&nbsp;authorized for children by the end of next month, sources familiar told Reuters.</p><p><blockquote>根据CDC的数据，美国的Covid病例似乎呈下降趋势，截至周五的7天平均新增病例约为136,000例，低于8月底的平均157,000例。知情人士告诉路透社，辉瑞的Covid疫苗可能会在下月底被授权用于儿童。</blockquote></p><p> Names linked to the reopening led the gains in premarket trading. Delta Air Lines and United Airlines shares gained. Carnival Corp edged higher. Traditional cyclical plays GM and Citigroup rose. MGM shares rose after an&nbsp;upgrade by Bernstein to outperform.</p><p><blockquote>与重新开放相关的名字领涨盘前交易。达美航空和联合航空股价上涨。嘉年华公司小幅走高。传统周期性股票通用汽车和花旗集团上涨。伯恩斯坦将米高梅股价上调至跑赢大盘后上涨。</blockquote></p><p> \"Vaccinations plus immunity should mean cases eventually fall. Full reopening and related spending has been pushed out,\" wrote UBS strategist Keith Parker, who sees the S&amp;P 500 gaining another 4% through year-end.</p><p><blockquote>瑞银策略师基思·帕克(Keith Parker)写道：“疫苗接种加上免疫力应该意味着病例最终会下降。全面重新开放和相关支出已被推迟。”他预计标普500到年底将再上涨4%。</blockquote></p><p> Traditional cyclical plays GM and Citigroup rose Monday. MGM shares rose after an&nbsp;upgrade by Bernstein to outperform.</p><p><blockquote>传统周期性股票通用汽车和花旗集团周一上涨。伯恩斯坦将米高梅股价上调至跑赢大盘后上涨。</blockquote></p><p> Tech shares gained as well. Apple moved higher ahead of a&nbsp;launch event Tuesday&nbsp;where the company is expected to introduce new iPhones.</p><p><blockquote>科技股也上涨。苹果在周二的发布会之前股价走高，预计该公司将在会上推出新款iPhone。</blockquote></p><p> Nike shares ticked lower after&nbsp;BTIG downgraded the stock&nbsp;citing supply chain challenges caused by the pandemic. Production issues could significantly impact Nike’s holiday sales, BTIG said.</p><p><blockquote>BTIG以疫情造成的供应链挑战为由下调耐克股票评级后，耐克股价小幅走低。BTIG表示，生产问题可能会严重影响耐克的假日销售。</blockquote></p><p> “Supply bottlenecks, inventory shortages, higher commodity prices, and higher shipping rates have all contributed to higher input costs,” noted Charlie Ripley, senior investment strategist for Allianz Investment Management.</p><p><blockquote>安联投资管理公司高级投资策略师查理·里普利指出：“供应瓶颈、库存短缺、大宗商品价格上涨和运费上涨都导致了投入成本上升。”</blockquote></p><p> Inflation fears have contributed to the market’s recent losses. Data released Friday showed that&nbsp;producer prices rose&nbsp;0.7% in August and 8.3% year over year, which was the biggest annual increase since records were first kept in November 2010.</p><p><blockquote>通胀担忧导致了市场近期的下跌。周五公布的数据显示，8月份生产者价格上涨0.7%，同比上涨8.3%，这是自2010年11月有记录以来的最大年度涨幅。</blockquote></p><p> ″[Friday’s] data on wholesale prices should be eye-opening for the Fed, as inflation pressures still don’t appear to be easing and will likely continue to be felt by the consumer in the coming months,” Ripley said.</p><p><blockquote>里普利表示：“[周五的]批发价格数据应该会让美联储大开眼界，因为通胀压力似乎仍未缓解，并且消费者可能会在未来几个月继续感受到通胀压力。”</blockquote></p><p> The closely watched consumer price index will be released on Tuesday, at which point the Street will see how much of the heightened costs are being passed along to consumers. Economists surveyed by FactSet are expecting the reading to show that consumer prices jumped&nbsp;5.3% on an annual pacein August. Retail sales data will be released later in the week.</p><p><blockquote>备受关注的消费者价格指数将于周二发布，届时华尔街将看到有多少上涨的成本被转嫁给了消费者。FactSet调查的经济学家预计，8月份消费者价格同比上涨5.零售销售数据将于本周晚些时候公布。</blockquote></p><p> Stocks have been under pressure since&nbsp;August’s jobs report, released by the Labor Department on September 3, missed expectations. Worries are rippling through the market that the pandemic will continue to hamper economic growth while hot inflation will prompt the Federal Reserve to take action.</p><p><blockquote>自美国劳工部9月3日发布的8月份就业报告未达预期以来，股市一直承压。市场普遍担心疫情将继续阻碍经济增长，而高通胀将促使美联储采取行动。</blockquote></p><p> “The negative impact of the delta variant on the cyclical trade is clear,” noted strategists at Jefferies. “It is increasingly evident that the impact of delta has delayed any Federal Reserve attempt at tapering, just as it has given fresh momentum to the Big Tech stocks with growth outperforming value so far this quarter.”</p><p><blockquote>杰富瑞策略师指出：“德尔塔变异毒株对周期性交易的负面影响是显而易见的。”“越来越明显的是，达美航空的影响推迟了美联储缩减规模的任何尝试，正如它为本季度迄今为止增长跑赢价值的大型科技股提供了新的动力一样。”</blockquote></p><p> The Fed will begin its two-day policy meeting on September 21, where investors will be looking for clues about the central bank’s bond-buying program.</p><p><blockquote>美联储将于9月21日开始为期两天的政策会议，届时投资者将寻找有关央行债券购买计划的线索。</blockquote></p><p> Despite last week’s losses, the major averages are still relatively close to their record levels. the Dow is about 2% from its all-time high, while the S&amp;P 500 and Nasdaq Composite are under 2% below their high-water marks.</p><p><blockquote>尽管上周有所下跌，但主要股指仍相对接近创纪录水平。道琼斯指数较历史高点下跌约2%，而标普500和纳斯达克综合指数较高点下跌不到2%。</blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite",".DJI":"道琼斯",".SPX":"S&P 500 Index"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1112189353","content_text":"The Dow Jones Industrial Average gained Monday as U.S. stock indexes rebounded from a losing streak.\nThe Dow jumped about 240 points, or 0.7%. The S&P 500 gained 0.7% and the Nasdaq Composite added 0.6%.\n\nThe bounce comes after the Dow and S&P posting a fifth straight day of losses, while the Nasdaq Composite registered its third consecutive negative session. For the S&P 500, that was its worst losing streak since February 22.\n\"With supply chain disruptions, COVID-19 variant risk, stickier than expected inflation along with other uncertainties that challenge the present recovery's path toward a sustainable economic expansion the age old adage 'progress not perfection' among current developments appears best suited for investors to focus on for now,\" Oppenheimer's John Stoltzfus said in a note Monday.\nCovid cases appear to be trending lower in the U.S. with a 7-day average through Friday of about 136,000, down from 157,000 average new cases at the end of August, according to the CDC. Pfizer's Covid vaccine could be authorized for children by the end of next month, sources familiar told Reuters.\nNames linked to the reopening led the gains in premarket trading. Delta Air Lines and United Airlines shares gained. Carnival Corp edged higher. Traditional cyclical plays GM and Citigroup rose. MGM shares rose after an upgrade by Bernstein to outperform.\n\"Vaccinations plus immunity should mean cases eventually fall. Full reopening and related spending has been pushed out,\" wrote UBS strategist Keith Parker, who sees the S&P 500 gaining another 4% through year-end.\nTraditional cyclical plays GM and Citigroup rose Monday. MGM shares rose after an upgrade by Bernstein to outperform.\nTech shares gained as well. Apple moved higher ahead of a launch event Tuesday where the company is expected to introduce new iPhones.\nNike shares ticked lower after BTIG downgraded the stock citing supply chain challenges caused by the pandemic. Production issues could significantly impact Nike’s holiday sales, BTIG said.\n“Supply bottlenecks, inventory shortages, higher commodity prices, and higher shipping rates have all contributed to higher input costs,” noted Charlie Ripley, senior investment strategist for Allianz Investment Management.\nInflation fears have contributed to the market’s recent losses. Data released Friday showed that producer prices rose 0.7% in August and 8.3% year over year, which was the biggest annual increase since records were first kept in November 2010.\n″[Friday’s] data on wholesale prices should be eye-opening for the Fed, as inflation pressures still don’t appear to be easing and will likely continue to be felt by the consumer in the coming months,” Ripley said.\nThe closely watched consumer price index will be released on Tuesday, at which point the Street will see how much of the heightened costs are being passed along to consumers. Economists surveyed by FactSet are expecting the reading to show that consumer prices jumped 5.3% on an annual pacein August. Retail sales data will be released later in the week.\nStocks have been under pressure since August’s jobs report, released by the Labor Department on September 3, missed expectations. Worries are rippling through the market that the pandemic will continue to hamper economic growth while hot inflation will prompt the Federal Reserve to take action.\n“The negative impact of the delta variant on the cyclical trade is clear,” noted strategists at Jefferies. “It is increasingly evident that the impact of delta has delayed any Federal Reserve attempt at tapering, just as it has given fresh momentum to the Big Tech stocks with growth outperforming value so far this quarter.”\nThe Fed will begin its two-day policy meeting on September 21, where investors will be looking for clues about the central bank’s bond-buying program.\nDespite last week’s losses, the major averages are still relatively close to their record levels. the Dow is about 2% from its all-time high, while the S&P 500 and Nasdaq Composite are under 2% below their high-water marks.","news_type":1,"symbols_score_info":{".IXIC":0.9,".SPX":0.9,".DJI":0.9}},"isVote":1,"tweetType":1,"viewCount":958,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":888976700,"gmtCreate":1631428000100,"gmtModify":1631890658011,"author":{"id":"3581542297351770","authorId":"3581542297351770","name":"Sylee123","avatar":"https://static.tigerbbs.com/cdcc42e342e5b28b466e7456cf027928","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3581542297351770","idStr":"3581542297351770"},"themes":[],"htmlText":"[Smile]&nbsp;","listText":"[Smile]&nbsp;","text":"[Smile]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/888976700","repostId":"1189654544","repostType":4,"repost":{"id":"1189654544","kind":"news","pubTimestamp":1631406130,"share":"https://www.laohu8.com/m/news/1189654544?lang=zh_CN&edition=full","pubTime":"2021-09-12 08:22","market":"us","language":"en","title":"US IPO Week Ahead: The Fall IPO market kicks off with a 10 IPO week<blockquote>美国IPO周：秋季IPO市场以10周IPO拉开帷幕</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1189654544","media":"Renaissance Capital","summary":"After a wave of launches in the short holiday week, 10 IPOs are scheduled to raise over $3 billion i","content":"<p>After a wave of launches in the short holiday week, 10 IPOs are scheduled to raise over $3 billion in the week ahead.</p><p><blockquote>在短暂的假期周经历了一波发行之后，未来一周将有10起IPO计划筹集超过30亿美元的资金。</blockquote></p><p> Tech consultancy&nbsp;<b>Thoughtworks</b>(TWKS) plans to raise $700 million at a $6.3 billion market cap. This agile software developer provides premium, end-to-end digital strategy, design, and engineering services to more than 300 enterprise customers. The company grew revenue at a 14% CAGR from 2017 to 2020, and expanded margins in 2020 and the 1H21.</p><p><blockquote>技术咨询<b>Thoughtworks</b>(TWKS)计划以63亿美元的市值筹集7亿美元。这家敏捷软件开发商为300多家企业客户提供优质的端到端数字战略、设计和工程服务。从2017年到2020年，该公司的收入复合年增长率为14%，并在2020年和2021年上半年扩大了利润率。</blockquote></p><p> Swiss running shoe brand&nbsp;<b>On Holding</b>(ONON) plans to raise $591 million at a $5.9 billion market cap. On is a global provider of premium athletic footwear, apparel, and accessories that are designed using sustainable materials and its proprietary technology. The company has demonstrated growth and profitability, though it faces significant competition from other well-known sportswear brands.</p><p><blockquote>瑞士跑鞋品牌<b>持有时</b>(ONON)计划以59亿美元的市值筹集5.91亿美元。On是一家全球优质运动鞋、服装和配饰供应商，采用可持续材料及其专有技术设计。尽管面临来自其他知名运动服装品牌的激烈竞争，但该公司已展现出增长和盈利能力。</blockquote></p><p> After ending talks to go public via SPAC,<b>Sportradar Group</b>(SRAD) plans to raise $504 million at a $7.9 billion market cap. Covering over 750,000 events annually across 83 sports, this Swiss company provides software, data, and content to sports leagues, betting operators, and media companies. Sportradar is profitable, and growth accelerated in the 1H21 as live sports resumed.</p><p><blockquote>在结束通过SPAC上市的谈判后，<b>Sportradar集团</b>(SRAD)计划以79亿美元的市值筹集5.04亿美元。这家瑞士公司每年报道83项运动的750,000多场赛事，为体育联盟、博彩运营商和媒体公司提供软件、数据和内容。Sportradar已实现盈利，随着体育直播的恢复，2021年上半年增长加速。</blockquote></p><p> Drive-thru coffee chain&nbsp;<b>Dutch Bros</b>(BROS) plans to raise $400 million at a $3.3 billion market cap. This Oregon-based company has a chain of 471 drive-thru coffee shops in the Western US, and it has been able to maintain a track record of same-store sales growth as it has expanded to new states. Insiders received pre-IPO dividends and will sell shares back to the company.</p><p><blockquote>得来速咖啡连锁店<b>荷兰兄弟</b>(BROS)计划以33亿美元的市值筹集4亿美元。这家总部位于俄勒冈州的公司在美国西部拥有471家得来速咖啡店连锁店，随着业务扩展到新州，它一直能够保持同店销售增长的记录。内部人士收到了IPO前的股息，并将把股票卖回给公司。</blockquote></p><p> Healthcare intelligence platform&nbsp;<b>Definitive Healthcare</b>(DH) plans to raise $350 million at a $3.3 billion market cap. This company provides a healthcare commercial intelligence and analytics platform, helping its customers to analyze, navigate, and sell into the complex healthcare ecosystem. Unprofitable with strong growth, Definitive Healthcare will be leveraged post-IPO.</p><p><blockquote>医疗智能平台<b>权威医疗保健</b>(DH)计划以33亿美元的市值筹集3.5亿美元。该公司提供医疗保健商业智能和分析平台，帮助其客户分析、导航和销售复杂的医疗保健生态系统。由于增长强劲，Definitive Healthcare尚未盈利，但将在IPO后进行杠杆化。</blockquote></p><p> Identity management platform&nbsp;<b>ForgeRock</b>(FORG) plans to raise $248 million at a $2.1 billion market cap. The company provides identity and access management software, with a platform to provision, authenticate, and govern all types of digital identities. Unprofitable with high sales and marketing expenses, ForgeRock is a leading next-gen provider in the multi-billion-dollar identity and access market.</p><p><blockquote>身份管理平台<b>ForgeRock</b>(FORG)计划以21亿美元的市值筹集2.48亿美元。该公司提供身份和访问管理软件，以及一个提供、认证和管理所有类型数字身份的平台。由于销售和营销费用高昂，ForgeRock无利可图，是价值数十亿美元的身份和访问市场中领先的下一代提供商。</blockquote></p><p> Immunology biotech&nbsp;<b>DICE Therapeutics</b>(DICE) plans to raise $160 million at a $550 million market cap. This biotech is developing oral small molecule therapies to treat chronic diseases in immunology and other therapeutic areas. DICE plans to initiate a Phase 1 trial of its lead candidate S011806, an oral antagonist with a variety of immunology indications.</p><p><blockquote>免疫学生物技术<b>骰子疗法</b>(DICE)计划以5.5亿美元的市值筹集1.6亿美元。这家生物技术公司正在开发口服小分子疗法，以治疗免疫学和其他治疗领域的慢性疾病。DICE计划启动其主要候选药物S011806的1期试验，这是一种具有多种免疫学适应症的口服拮抗剂。</blockquote></p><p> Surgical robotics developer&nbsp;<b>PROCEPT BioRobotics</b>(PRCT) plans to raise $127 million at a $1.1 billion market cap. This commercial-stage company develops surgical robotic systems for minimally-invasive urologic surgery with an initial focus on treating benign prostatic hyperplasia. PROCEPT BioRobotics is highly unprofitable and saw revenue increase more than sixfold in the 1H21.</p><p><blockquote>手术机器人开发商<b>PROCEPT生物机器人</b>(PRCT)计划以11亿美元的市值筹集1.27亿美元。这家商业阶段的公司开发用于微创泌尿外科手术的手术机器人系统，最初的重点是治疗良性前列腺增生。PROCEPT BioRobotics非常无利可图，2021年上半年收入增长了六倍多。</blockquote></p><p> Oncology biotech&nbsp;<b>Tyra Biosciences</b>(TYRA) plans to raise $101 million at a $584 million market cap. This preclinical biotech is developing FGFR kinase inhibitors for cancer, specifically solid tumors. Tyra’s lead candidate is initially focused on bladder cancer, and the company expects to submit an IND for it in mid-2022.</p><p><blockquote>肿瘤生物技术<b>泰拉生物科学公司</b>(TYRA)计划以5.84亿美元的市值筹集1.01亿美元。这家临床前生物技术公司正在开发用于癌症，特别是实体瘤的FGFR激酶抑制剂。Tyra的主要候选药物最初专注于膀胱癌，该公司预计将于2022年中期提交IND。</blockquote></p><p> Micro-cap gas delivery service&nbsp;<b>EzFill Holdings</b>(EZFL) plans to raise $25 million at a $104 million market cap. This mobile-fueling company provides an on-demand fuel delivery service in Florida via mobile app. Highly unprofitable with explosive growth, EzFill states that it is the dominant player in the South Florida market.</p><p><blockquote>微帽气体输送服务<b>埃兹菲尔控股</b>(EZFL)计划以1.04亿美元的市值筹集2500万美元。这家移动加油公司通过移动应用程序在佛罗里达州提供按需加油服务。由于爆炸性增长，EzFill表示，它是南佛罗里达州市场的主导者。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/718698ff98644c4026f32efe91d076c6\" tg-width=\"1128\" tg-height=\"684\" referrerpolicy=\"no-referrer\"><img src=\"https://static.tigerbbs.com/97fe13300d9e4cf61effc59b9706776a\" tg-width=\"1129\" tg-height=\"247\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p> <b>IPO Market Snapshot</b></p><p><blockquote><b>IPO市场快照</b></blockquote></p><p> The Renaissance IPO Indices are market cap weighted baskets of newly public companies. As of 9/9/21, the Renaissance IPO Index was up 7.7% year-to-date, while the S&amp;P 500 was up 19.6%. Renaissance Capital's IPO ETF (NYSE: IPO) tracks the index, and top ETF holdings include Snowflake (SNOW) and Palantir Technologies (PLTR). The Renaissance International IPO Index was down 11.0% year-to-date, while the ACWX was up 10.0%. Renaissance Capital’s International IPO ETF (NYSE: IPOS) tracks the index, and top ETF holdings include Smoore International and EQT Partners.</p><p><blockquote>文艺复兴IPO指数是新上市公司的市值加权篮子。截至9/9/21，文艺复兴IPO指数今年迄今上涨了7.7%，而标普500上涨了19.6%。Renaissance Capital的IPO ETF（纽约证券交易所股票代码：IPO）跟踪该指数，持有的顶级ETF包括Snowflake（SNOW）和Palantir Technologies（PLTR）。Renaissance International IPO指数今年迄今下跌11.0%，而ACWX指数上涨10.0%。Renaissance Capital的国际IPO ETF（纽约证券交易所股票代码：IPOS）跟踪该指数，持有的顶级ETF包括思摩尔国际和殷拓合伙人。</blockquote></p><p></p>","source":"lsy1603787993745","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>US IPO Week Ahead: The Fall IPO market kicks off with a 10 IPO week<blockquote>美国IPO周：秋季IPO市场以10周IPO拉开帷幕</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\">\nUS IPO Week Ahead: The Fall IPO market kicks off with a 10 IPO week<blockquote>美国IPO周：秋季IPO市场以10周IPO拉开帷幕</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Renaissance Capital</strong><span class=\"h-time small\">2021-09-12 08:22</span>\n</p>\n</h4>\n</header>\n<article>\n<p>After a wave of launches in the short holiday week, 10 IPOs are scheduled to raise over $3 billion in the week ahead.</p><p><blockquote>在短暂的假期周经历了一波发行之后，未来一周将有10起IPO计划筹集超过30亿美元的资金。</blockquote></p><p> Tech consultancy&nbsp;<b>Thoughtworks</b>(TWKS) plans to raise $700 million at a $6.3 billion market cap. This agile software developer provides premium, end-to-end digital strategy, design, and engineering services to more than 300 enterprise customers. The company grew revenue at a 14% CAGR from 2017 to 2020, and expanded margins in 2020 and the 1H21.</p><p><blockquote>技术咨询<b>Thoughtworks</b>(TWKS)计划以63亿美元的市值筹集7亿美元。这家敏捷软件开发商为300多家企业客户提供优质的端到端数字战略、设计和工程服务。从2017年到2020年，该公司的收入复合年增长率为14%，并在2020年和2021年上半年扩大了利润率。</blockquote></p><p> Swiss running shoe brand&nbsp;<b>On Holding</b>(ONON) plans to raise $591 million at a $5.9 billion market cap. On is a global provider of premium athletic footwear, apparel, and accessories that are designed using sustainable materials and its proprietary technology. The company has demonstrated growth and profitability, though it faces significant competition from other well-known sportswear brands.</p><p><blockquote>瑞士跑鞋品牌<b>持有时</b>(ONON)计划以59亿美元的市值筹集5.91亿美元。On是一家全球优质运动鞋、服装和配饰供应商，采用可持续材料及其专有技术设计。尽管面临来自其他知名运动服装品牌的激烈竞争，但该公司已展现出增长和盈利能力。</blockquote></p><p> After ending talks to go public via SPAC,<b>Sportradar Group</b>(SRAD) plans to raise $504 million at a $7.9 billion market cap. Covering over 750,000 events annually across 83 sports, this Swiss company provides software, data, and content to sports leagues, betting operators, and media companies. Sportradar is profitable, and growth accelerated in the 1H21 as live sports resumed.</p><p><blockquote>在结束通过SPAC上市的谈判后，<b>Sportradar集团</b>(SRAD)计划以79亿美元的市值筹集5.04亿美元。这家瑞士公司每年报道83项运动的750,000多场赛事，为体育联盟、博彩运营商和媒体公司提供软件、数据和内容。Sportradar已实现盈利，随着体育直播的恢复，2021年上半年增长加速。</blockquote></p><p> Drive-thru coffee chain&nbsp;<b>Dutch Bros</b>(BROS) plans to raise $400 million at a $3.3 billion market cap. This Oregon-based company has a chain of 471 drive-thru coffee shops in the Western US, and it has been able to maintain a track record of same-store sales growth as it has expanded to new states. Insiders received pre-IPO dividends and will sell shares back to the company.</p><p><blockquote>得来速咖啡连锁店<b>荷兰兄弟</b>(BROS)计划以33亿美元的市值筹集4亿美元。这家总部位于俄勒冈州的公司在美国西部拥有471家得来速咖啡店连锁店，随着业务扩展到新州，它一直能够保持同店销售增长的记录。内部人士收到了IPO前的股息，并将把股票卖回给公司。</blockquote></p><p> Healthcare intelligence platform&nbsp;<b>Definitive Healthcare</b>(DH) plans to raise $350 million at a $3.3 billion market cap. This company provides a healthcare commercial intelligence and analytics platform, helping its customers to analyze, navigate, and sell into the complex healthcare ecosystem. Unprofitable with strong growth, Definitive Healthcare will be leveraged post-IPO.</p><p><blockquote>医疗智能平台<b>权威医疗保健</b>(DH)计划以33亿美元的市值筹集3.5亿美元。该公司提供医疗保健商业智能和分析平台，帮助其客户分析、导航和销售复杂的医疗保健生态系统。由于增长强劲，Definitive Healthcare尚未盈利，但将在IPO后进行杠杆化。</blockquote></p><p> Identity management platform&nbsp;<b>ForgeRock</b>(FORG) plans to raise $248 million at a $2.1 billion market cap. The company provides identity and access management software, with a platform to provision, authenticate, and govern all types of digital identities. Unprofitable with high sales and marketing expenses, ForgeRock is a leading next-gen provider in the multi-billion-dollar identity and access market.</p><p><blockquote>身份管理平台<b>ForgeRock</b>(FORG)计划以21亿美元的市值筹集2.48亿美元。该公司提供身份和访问管理软件，以及一个提供、认证和管理所有类型数字身份的平台。由于销售和营销费用高昂，ForgeRock无利可图，是价值数十亿美元的身份和访问市场中领先的下一代提供商。</blockquote></p><p> Immunology biotech&nbsp;<b>DICE Therapeutics</b>(DICE) plans to raise $160 million at a $550 million market cap. This biotech is developing oral small molecule therapies to treat chronic diseases in immunology and other therapeutic areas. DICE plans to initiate a Phase 1 trial of its lead candidate S011806, an oral antagonist with a variety of immunology indications.</p><p><blockquote>免疫学生物技术<b>骰子疗法</b>(DICE)计划以5.5亿美元的市值筹集1.6亿美元。这家生物技术公司正在开发口服小分子疗法，以治疗免疫学和其他治疗领域的慢性疾病。DICE计划启动其主要候选药物S011806的1期试验，这是一种具有多种免疫学适应症的口服拮抗剂。</blockquote></p><p> Surgical robotics developer&nbsp;<b>PROCEPT BioRobotics</b>(PRCT) plans to raise $127 million at a $1.1 billion market cap. This commercial-stage company develops surgical robotic systems for minimally-invasive urologic surgery with an initial focus on treating benign prostatic hyperplasia. PROCEPT BioRobotics is highly unprofitable and saw revenue increase more than sixfold in the 1H21.</p><p><blockquote>手术机器人开发商<b>PROCEPT生物机器人</b>(PRCT)计划以11亿美元的市值筹集1.27亿美元。这家商业阶段的公司开发用于微创泌尿外科手术的手术机器人系统，最初的重点是治疗良性前列腺增生。PROCEPT BioRobotics非常无利可图，2021年上半年收入增长了六倍多。</blockquote></p><p> Oncology biotech&nbsp;<b>Tyra Biosciences</b>(TYRA) plans to raise $101 million at a $584 million market cap. This preclinical biotech is developing FGFR kinase inhibitors for cancer, specifically solid tumors. Tyra’s lead candidate is initially focused on bladder cancer, and the company expects to submit an IND for it in mid-2022.</p><p><blockquote>肿瘤生物技术<b>泰拉生物科学公司</b>(TYRA)计划以5.84亿美元的市值筹集1.01亿美元。这家临床前生物技术公司正在开发用于癌症，特别是实体瘤的FGFR激酶抑制剂。Tyra的主要候选药物最初专注于膀胱癌，该公司预计将于2022年中期提交IND。</blockquote></p><p> Micro-cap gas delivery service&nbsp;<b>EzFill Holdings</b>(EZFL) plans to raise $25 million at a $104 million market cap. This mobile-fueling company provides an on-demand fuel delivery service in Florida via mobile app. Highly unprofitable with explosive growth, EzFill states that it is the dominant player in the South Florida market.</p><p><blockquote>微帽气体输送服务<b>埃兹菲尔控股</b>(EZFL)计划以1.04亿美元的市值筹集2500万美元。这家移动加油公司通过移动应用程序在佛罗里达州提供按需加油服务。由于爆炸性增长，EzFill表示，它是南佛罗里达州市场的主导者。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/718698ff98644c4026f32efe91d076c6\" tg-width=\"1128\" tg-height=\"684\" referrerpolicy=\"no-referrer\"><img src=\"https://static.tigerbbs.com/97fe13300d9e4cf61effc59b9706776a\" tg-width=\"1129\" tg-height=\"247\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p> <b>IPO Market Snapshot</b></p><p><blockquote><b>IPO市场快照</b></blockquote></p><p> The Renaissance IPO Indices are market cap weighted baskets of newly public companies. As of 9/9/21, the Renaissance IPO Index was up 7.7% year-to-date, while the S&amp;P 500 was up 19.6%. Renaissance Capital's IPO ETF (NYSE: IPO) tracks the index, and top ETF holdings include Snowflake (SNOW) and Palantir Technologies (PLTR). The Renaissance International IPO Index was down 11.0% year-to-date, while the ACWX was up 10.0%. Renaissance Capital’s International IPO ETF (NYSE: IPOS) tracks the index, and top ETF holdings include Smoore International and EQT Partners.</p><p><blockquote>文艺复兴IPO指数是新上市公司的市值加权篮子。截至9/9/21，文艺复兴IPO指数今年迄今上涨了7.7%，而标普500上涨了19.6%。Renaissance Capital的IPO ETF（纽约证券交易所股票代码：IPO）跟踪该指数，持有的顶级ETF包括Snowflake（SNOW）和Palantir Technologies（PLTR）。Renaissance International IPO指数今年迄今下跌11.0%，而ACWX指数上涨10.0%。Renaissance Capital的国际IPO ETF（纽约证券交易所股票代码：IPOS）跟踪该指数，持有的顶级ETF包括思摩尔国际和殷拓合伙人。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.renaissancecapital.com/IPO-Center/News/85972/US-IPO-Week-Ahead-The-Fall-IPO-market-kicks-off-with-a-10-IPO-week\">Renaissance Capital</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index","TWKS":"Thoughtworks Holding Inc.","PRCT":"PROCEPT BioRobotics","SRAD":"Sportradar Group AG","BROS":"Dutch Bros Inc.","DICE":"DICE Therapeutics, Inc.","TYRA":"Tyra Biosciences, Inc.","DH":"Definitive Healthcare Corp.",".DJI":"道琼斯","FORG":"ForgeRock, Inc.",".IXIC":"NASDAQ Composite","ONON":"On Holding AG"},"source_url":"https://www.renaissancecapital.com/IPO-Center/News/85972/US-IPO-Week-Ahead-The-Fall-IPO-market-kicks-off-with-a-10-IPO-week","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1189654544","content_text":"After a wave of launches in the short holiday week, 10 IPOs are scheduled to raise over $3 billion in the week ahead.\nTech consultancy Thoughtworks(TWKS) plans to raise $700 million at a $6.3 billion market cap. This agile software developer provides premium, end-to-end digital strategy, design, and engineering services to more than 300 enterprise customers. The company grew revenue at a 14% CAGR from 2017 to 2020, and expanded margins in 2020 and the 1H21.\nSwiss running shoe brand On Holding(ONON) plans to raise $591 million at a $5.9 billion market cap. On is a global provider of premium athletic footwear, apparel, and accessories that are designed using sustainable materials and its proprietary technology. The company has demonstrated growth and profitability, though it faces significant competition from other well-known sportswear brands.\nAfter ending talks to go public via SPAC,Sportradar Group(SRAD) plans to raise $504 million at a $7.9 billion market cap. Covering over 750,000 events annually across 83 sports, this Swiss company provides software, data, and content to sports leagues, betting operators, and media companies. Sportradar is profitable, and growth accelerated in the 1H21 as live sports resumed.\nDrive-thru coffee chain Dutch Bros(BROS) plans to raise $400 million at a $3.3 billion market cap. This Oregon-based company has a chain of 471 drive-thru coffee shops in the Western US, and it has been able to maintain a track record of same-store sales growth as it has expanded to new states. Insiders received pre-IPO dividends and will sell shares back to the company.\nHealthcare intelligence platform Definitive Healthcare(DH) plans to raise $350 million at a $3.3 billion market cap. This company provides a healthcare commercial intelligence and analytics platform, helping its customers to analyze, navigate, and sell into the complex healthcare ecosystem. Unprofitable with strong growth, Definitive Healthcare will be leveraged post-IPO.\nIdentity management platform ForgeRock(FORG) plans to raise $248 million at a $2.1 billion market cap. The company provides identity and access management software, with a platform to provision, authenticate, and govern all types of digital identities. Unprofitable with high sales and marketing expenses, ForgeRock is a leading next-gen provider in the multi-billion-dollar identity and access market.\nImmunology biotech DICE Therapeutics(DICE) plans to raise $160 million at a $550 million market cap. This biotech is developing oral small molecule therapies to treat chronic diseases in immunology and other therapeutic areas. DICE plans to initiate a Phase 1 trial of its lead candidate S011806, an oral antagonist with a variety of immunology indications.\nSurgical robotics developer PROCEPT BioRobotics(PRCT) plans to raise $127 million at a $1.1 billion market cap. This commercial-stage company develops surgical robotic systems for minimally-invasive urologic surgery with an initial focus on treating benign prostatic hyperplasia. PROCEPT BioRobotics is highly unprofitable and saw revenue increase more than sixfold in the 1H21.\nOncology biotech Tyra Biosciences(TYRA) plans to raise $101 million at a $584 million market cap. This preclinical biotech is developing FGFR kinase inhibitors for cancer, specifically solid tumors. Tyra’s lead candidate is initially focused on bladder cancer, and the company expects to submit an IND for it in mid-2022.\nMicro-cap gas delivery service EzFill Holdings(EZFL) plans to raise $25 million at a $104 million market cap. This mobile-fueling company provides an on-demand fuel delivery service in Florida via mobile app. Highly unprofitable with explosive growth, EzFill states that it is the dominant player in the South Florida market.\n\nIPO Market Snapshot\nThe Renaissance IPO Indices are market cap weighted baskets of newly public companies. As of 9/9/21, the Renaissance IPO Index was up 7.7% year-to-date, while the S&P 500 was up 19.6%. Renaissance Capital's IPO ETF (NYSE: IPO) tracks the index, and top ETF holdings include Snowflake (SNOW) and Palantir Technologies (PLTR). The Renaissance International IPO Index was down 11.0% year-to-date, while the ACWX was up 10.0%. Renaissance Capital’s International IPO ETF (NYSE: IPOS) tracks the index, and top ETF holdings include Smoore International and EQT 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href=\"https://laohu8.com/S/BB\">$BlackBerry(BB)$</a>Up pls","listText":"<a href=\"https://laohu8.com/S/BB\">$BlackBerry(BB)$</a>Up pls","text":"$BlackBerry(BB)$Up pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/158803587","isVote":1,"tweetType":1,"viewCount":177,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":158803357,"gmtCreate":1625141467479,"gmtModify":1631890658019,"author":{"id":"3581542297351770","authorId":"3581542297351770","name":"Sylee123","avatar":"https://static.tigerbbs.com/cdcc42e342e5b28b466e7456cf027928","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3581542297351770","idStr":"3581542297351770"},"themes":[],"htmlText":":)","listText":":)","text":":)","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/158803357","repostId":"2148840288","repostType":4,"isVote":1,"tweetType":1,"viewCount":332,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":165111643,"gmtCreate":1624105176682,"gmtModify":1631890658019,"author":{"id":"3581542297351770","authorId":"3581542297351770","name":"Sylee123","avatar":"https://static.tigerbbs.com/cdcc42e342e5b28b466e7456cf027928","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3581542297351770","idStr":"3581542297351770"},"themes":[],"htmlText":":)","listText":":)","text":":)","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/165111643","repostId":"1113942445","repostType":4,"isVote":1,"tweetType":1,"viewCount":215,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":185782052,"gmtCreate":1623673682676,"gmtModify":1631890658021,"author":{"id":"3581542297351770","authorId":"3581542297351770","name":"Sylee123","avatar":"https://static.tigerbbs.com/cdcc42e342e5b28b466e7456cf027928","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3581542297351770","idStr":"3581542297351770"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/BB\">$BlackBerry(BB)$</a>Go go go","listText":"<a href=\"https://laohu8.com/S/BB\">$BlackBerry(BB)$</a>Go go go","text":"$BlackBerry(BB)$Go go go","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/185782052","isVote":1,"tweetType":1,"viewCount":600,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":186505874,"gmtCreate":1623507568098,"gmtModify":1631893061695,"author":{"id":"3581542297351770","authorId":"3581542297351770","name":"Sylee123","avatar":"https://static.tigerbbs.com/cdcc42e342e5b28b466e7456cf027928","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3581542297351770","idStr":"3581542297351770"},"themes":[],"htmlText":"Investor&nbsp;","listText":"Investor&nbsp;","text":"Investor","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/186505874","repostId":"1147474880","repostType":4,"repost":{"id":"1147474880","kind":"news","pubTimestamp":1623470168,"share":"https://www.laohu8.com/m/news/1147474880?lang=zh_CN&edition=full","pubTime":"2021-06-12 11:56","market":"us","language":"en","title":"Investor, Trader, Speculator: Which One Are You?<blockquote>投资者、交易者、投机者：你是哪一个？</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1147474880","media":"The Wall Street Journal","summary":"Understanding the difference between speculation and investing is essential to avoiding reckless ris","content":"<p>  Understanding the difference between speculation and investing is essential to avoiding reckless risk.  I’ve had it.</p><p><blockquote>了解投机和投资之间的区别对于避免鲁莽风险至关重要。我受够了。</blockquote></p><p> The Wall Street Journal is wrong, and has remained wrong for decades, about one of the most basic distinctions in finance. And I can’t stand it anymore.</p><p><blockquote>关于金融最基本的区别之一，《华尔街日报》是错误的，而且几十年来一直是错误的。我再也受不了了。</blockquote></p><p> If you buy a stock purely because it’s gone up a lot, without doing any research on it whatsoever, you are not—as the Journal and its editors bizarrely insist on calling you—an “investor.” If you buy a cryptocurrency because, hey, that sounds like fun, you aren’t an investor either.</p><p><blockquote>如果你购买一只股票纯粹是因为它上涨了很多，而没有对其进行任何研究，那么你就不是——正如《华尔街日报》及其编辑奇怪地坚持这样称呼你的那样——“投资者”。如果你购买加密货币是因为，嘿，这听起来很有趣，你也不是投资者。</blockquote></p><p> Whenever you buy any financial asset becauseyou have a hunchorjust for kicks, or becausesomebody famous is hyping the heck out of itoreverybody else seems to be buying it too, you aren’t investing.</p><p><blockquote>每当你购买任何金融资产是因为你有一个只是为了好玩，或者因为某个名人正在大肆宣传它，而其他人似乎也在购买它，你就不是在投资。</blockquote></p><p> You’re definitely a trader: someone who has just bought an asset. And you may bea speculator: someone who thinks other people will pay more for it than you did.</p><p><blockquote>你绝对是一个交易者：刚刚购买了一项资产的人。你可能是一个投机者：认为其他人会比你付出更多的钱。</blockquote></p><p> Of course,some folkswho buy meme stocks likeGameStopCorp.GME5.88%<i>are</i>investors. They read the companies’ financial statements, study the health of the underlying businesses and learn who else is betting on or against the shares. Likewise, many buyers of digital coins have put in the time and effort to understand how cryptocurrency works and how it could reshape finance.</p><p><blockquote>当然，有些人购买像GameStopCorp.GME 5.88%这样的模因股票<i>是</i>投资者。他们阅读公司的财务报表，研究基础业务的健康状况，并了解还有谁在做空股票。同样，许多数字硬币的买家也投入了时间和精力来了解加密货币的工作原理以及它如何重塑金融。</blockquote></p><p> An investor relies on internal sources of return: earnings, income, growth in the value of assets. A speculator counts on external sources of return: primarilywhether somebody else will pay more, regardless of fundamental value.</p><p><blockquote>投资者依赖于内部回报来源：收益、收入、资产价值的增长。投机者依赖外部回报来源：主要是其他人是否会支付更多，而不考虑基本价值。</blockquote></p><p> The word investor comes from the Latin “investire,” to dress in or clothe oneself, surround or envelop. You would never wear clothes without knowing what color they are or what material they’re made of. Likewise, you can’t invest in an asset you know nothing about.</p><p><blockquote>投资者这个词来自拉丁语“investire”，意思是穿着或打扮自己，包围或包围。你永远不会在不知道衣服是什么颜色或由什么材料制成的情况下穿衣服。同样，你不能投资你一无所知的资产。</blockquote></p><p> Nevertheless, the Journal and its editors have long called almost everybody who buys just about anything an “investor.” On July 12, 1962, the Journal publisheda letter to the editorfrom Benjamin Graham, author of the classic books “Security Analysis” and “The Intelligent Investor.” That June, complained Graham, the Journal had run an article headlined “Many Small Investors Bet on Further Drops, Sell Odd Lots Short.”</p><p><blockquote>然而，《华尔街日报》及其编辑长期以来一直将几乎所有购买任何东西的人称为“投资者”。1962年7月12日，《华尔街日报》发表了经典著作《证券分析》和《聪明的投资者》的作者本杰明·格雷厄姆写给编辑的一封信。格雷厄姆抱怨说，那年6月，《华尔街日报》发表了一篇文章，标题是“许多小投资者押注进一步下跌，卖空零星股票”。</blockquote></p><p> He wrote: “By what definition of ‘investment’ can one give the name ‘investors’ to small people who make bets on the stock market by selling odd lots short?” (To short an odd lot is to borrow and sell fewer than 100 shares in a wager that a stock will fall—an expensive and risky bet, then and now.)</p><p><blockquote>他写道：“根据‘投资’的什么定义，人们可以给那些通过卖空零头在股市上下注的小人物起‘投资者’这个名字呢？”（做空奇数手就是借入并卖出少于100股的股票，押注股票会下跌——无论在当时还是现在，这都是一个昂贵且有风险的赌注。）</blockquote></p><p> “If these people are investors,” asked Graham, “how should one define ‘speculation’ and ‘speculators’? Isn’t it possible that the currentfailure to distinguishbetweeninvestment and speculationmay do grave harm not only to individuals but to the whole financial community—as it did in the late 1920s?”</p><p><blockquote>“如果这些人是投资者，”格雷厄姆问道，“我们应该如何定义‘投机’和‘投机者’？难道目前未能区分投资和投机的做法不仅会对个人，而且会对整个金融界造成严重伤害吗——就像20世纪20年代末那样？”</blockquote></p><p> Graham wasn’t a snob who thought that the markets should be the exclusive playground of the rich. He wrote “The Intelligent Investor” with the express purpose of helping less-wealthy people participate wisely in the stock market.</p><p><blockquote>格雷厄姆并不是一个认为市场应该是富人专属游乐场的势利小人。他写了《聪明的投资者》，明确的目的是帮助不太富裕的人明智地参与股市。</blockquote></p><p> In that book, after which this column is named, Graham said, “Outright speculation is neither illegal, immoral, nor (for most people) fattening to the pocketbook.”</p><p><blockquote>格雷厄姆在那本书（本专栏就是以其命名的）中说：“彻头彻尾的投机既不违法、不道德，也（对大多数人来说）不会让钱包发胖。”</blockquote></p><p> However, he warned, it creates three dangers: “(1) speculating when you think you are investing; (2) speculating seriously instead of as a pastime, when you lack proper knowledge and skill for it; and (3) risking more money in speculation than you can afford to lose.”</p><p><blockquote>然而，他警告说，这会带来三种危险：“（1）当你认为自己在投资时进行投机；（2）当你缺乏适当的知识和技能时，认真地投机而不是作为一种消遣；以及（3）冒更多钱的风险投机超出了你的承受能力。”</blockquote></p><p> Most investors speculate a bit every once in a while. Like a lottery ticket or an occasional visit to the racetrack or casino, a little is harmless fun. A lot isn’t.</p><p><blockquote>大多数投资者每隔一段时间就会投机一点。就像彩票或偶尔去赛马场或赌场一样，一点点是无害的乐趣。很多都不是。</blockquote></p><p> If you think you’re investing when you’re speculating, you’ll attribute even momentary success to skill even thoughluck is the likeliest explanation. That can lead you to take reckless risks.</p><p><blockquote>如果你认为你在投机时是在投资，你会将哪怕是短暂的成功归因于技能，即使运气是最可能的解释。这会导致你冒鲁莽的风险。</blockquote></p><p> Take speculating too seriously, and it turns intoan obsessionandan addiction. You become incapable of accepting your losses or focusing on the future more than a few minutes ahead. Next thing you know, you’re throwing even more money onto the bonfire.</p><p><blockquote>把投机看得太重，它会变成一种痴迷和上瘾。你变得无法接受你的损失，也无法关注未来超过几分钟。接下来你知道的是，你在篝火上投入了更多的钱。</blockquote></p><p> I think calling traders and speculators “investors” shoves many newcomers farther down the slippery slope toward risks they shouldn’t take and losses they can’t afford. I fervently hope the Journal and its editors will finally stop using “investor” as the default term for anyone who makes a trade.</p><p><blockquote>我认为，将交易者和投机者称为“投资者”会将许多新来者推向他们不应该承担的风险和他们无法承受的损失的滑坡。我热切地希望《华尔街日报》及其编辑最终不再使用“投资者”作为任何进行交易的人的默认术语。</blockquote></p><p> “ ‘Investor’ has a long history in the English language as a catch-all term denoting people who commit capital with the expectation of a return, no matter how long or short, no matter how many or how few investing columns they read,” WSJ Financial Editor Charles Forelle said in response to my complaints. “Back at least to the mid-19th century, ‘invest’ has even been used to describe a wager on horses—an activity surely no less divorced from fundamental analysis than a purchase of dogecoin.”</p><p><blockquote>“‘投资者’在英语中作为一个包罗万象的术语有着悠久的历史，指的是那些投入资本并期望回报的人，无论时间长短，无论他们阅读的投资专栏有多少，”《华尔街日报》财经编辑查尔斯·福雷尔在回应我的投诉时说道。“至少可以追溯到19世纪中叶，‘投资’甚至被用来描述赌马——这种活动与基本面分析的脱节程度肯定不亚于购买狗狗币。”</blockquote></p><p></p><p> I hear you, Boss, but I still think you’re wrong. There’s no way the Journal would say a recreational gambler is “investing” at the racetrack just because a dictionary says we can.</p><p><blockquote>我听到了，老板，但我还是认为你错了。《华尔街日报》不可能仅仅因为字典上说我们可以，就说一个休闲赌徒在赛马场“投资”。</blockquote></p><p> Calling novice speculators “investors” is one of the most powerful ways marketers fuel excessive trading.</p><p><blockquote>将新手投机者称为“投资者”是营销人员助长过度交易的最有力方式之一。</blockquote></p><p> Ina recent Instagram post, a former porn star who goes by the name Lana Rhoades posed in—well, mostly in—a bikini, as she held up what appears to be Graham’s “The Intelligent Investor.” According to IMDb.com, she starred in such videos as “Tushy” and “Make Me Meow.”</p><p><blockquote>在最近的Instagram帖子中，一位名叫拉娜·罗迪斯(Lana Rhoades)的前色情明星穿着——嗯，大部分是穿着——比基尼，举着似乎是格雷厄姆的《聪明的投资者》。据IMDb.com报道，她主演了《Tushy》和《Make Me Meow》等视频。</blockquote></p><p> In her post, which was “liked” by nearly 1.8 million people, Ms. Rhoades announced that she will be promoting a cryptocurrency calledPAWGcoin.</p><p><blockquote>在她被近180万人“点赞”的帖子中，罗迪斯宣布她将推广一种名为PAWGCoin的加密货币。</blockquote></p><p> The currency’s website says the coin is meant for “those who pay homage to developed posteriors.” (PAWG, I’ve been reliably informed, stands for Phat Ass White Girl.)</p><p><blockquote>该货币的网站称，这枚硬币是为“那些向发达的后躯致敬的人”准备的。（我得到可靠消息，PAWG代表胖屁股白人女孩。）</blockquote></p><p> PAWGcoin is up roughly 900% since Ms. Rhoades began promoting it in early June, according to Poocoin.io, a website that tracks such digital currencies.</p><p><blockquote>据追踪此类数字货币的网站Poocoin.io称，自Rhoades女士6月初开始推广PAWGcoin以来，PAWGcoin已上涨约900%。</blockquote></p><p> Ms. Rhoades, who has tweeted “I also read the WSJ every morning,” couldn’t be reached for comment. PAWGcoin’s website encourages visitors to “invest now.”</p><p><blockquote>罗迪斯女士在推特上写道“我每天早上也阅读《华尔街日报》”，但记者无法联系到她置评。PAWGcoin的网站鼓励访问者“立即投资”。</blockquote></p><p> In Ms. Rhoades’s Instagram post, she is holding up an open copy of the “The Intelligent Investor,” whose cover is reversed. She appears to be reading it with her eyes closed.</p><p><blockquote>在罗迪斯的Instagram帖子中，她举着一本打开的《聪明的投资者》，封面是颠倒的。她似乎是闭着眼睛读的。</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>Investor, Trader, Speculator: Which One Are You?<blockquote>投资者、交易者、投机者：你是哪一个？</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\">\nInvestor, Trader, Speculator: Which One Are You?<blockquote>投资者、交易者、投机者：你是哪一个？</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">The Wall Street Journal</strong><span class=\"h-time small\">2021-06-12 11:56</span>\n</p>\n</h4>\n</header>\n<article>\n<p>  Understanding the difference between speculation and investing is essential to avoiding reckless risk.  I’ve had it.</p><p><blockquote>了解投机和投资之间的区别对于避免鲁莽风险至关重要。我受够了。</blockquote></p><p> The Wall Street Journal is wrong, and has remained wrong for decades, about one of the most basic distinctions in finance. And I can’t stand it anymore.</p><p><blockquote>关于金融最基本的区别之一，《华尔街日报》是错误的，而且几十年来一直是错误的。我再也受不了了。</blockquote></p><p> If you buy a stock purely because it’s gone up a lot, without doing any research on it whatsoever, you are not—as the Journal and its editors bizarrely insist on calling you—an “investor.” If you buy a cryptocurrency because, hey, that sounds like fun, you aren’t an investor either.</p><p><blockquote>如果你购买一只股票纯粹是因为它上涨了很多，而没有对其进行任何研究，那么你就不是——正如《华尔街日报》及其编辑奇怪地坚持这样称呼你的那样——“投资者”。如果你购买加密货币是因为，嘿，这听起来很有趣，你也不是投资者。</blockquote></p><p> Whenever you buy any financial asset becauseyou have a hunchorjust for kicks, or becausesomebody famous is hyping the heck out of itoreverybody else seems to be buying it too, you aren’t investing.</p><p><blockquote>每当你购买任何金融资产是因为你有一个只是为了好玩，或者因为某个名人正在大肆宣传它，而其他人似乎也在购买它，你就不是在投资。</blockquote></p><p> You’re definitely a trader: someone who has just bought an asset. And you may bea speculator: someone who thinks other people will pay more for it than you did.</p><p><blockquote>你绝对是一个交易者：刚刚购买了一项资产的人。你可能是一个投机者：认为其他人会比你付出更多的钱。</blockquote></p><p> Of course,some folkswho buy meme stocks likeGameStopCorp.GME5.88%<i>are</i>investors. They read the companies’ financial statements, study the health of the underlying businesses and learn who else is betting on or against the shares. Likewise, many buyers of digital coins have put in the time and effort to understand how cryptocurrency works and how it could reshape finance.</p><p><blockquote>当然，有些人购买像GameStopCorp.GME 5.88%这样的模因股票<i>是</i>投资者。他们阅读公司的财务报表，研究基础业务的健康状况，并了解还有谁在做空股票。同样，许多数字硬币的买家也投入了时间和精力来了解加密货币的工作原理以及它如何重塑金融。</blockquote></p><p> An investor relies on internal sources of return: earnings, income, growth in the value of assets. A speculator counts on external sources of return: primarilywhether somebody else will pay more, regardless of fundamental value.</p><p><blockquote>投资者依赖于内部回报来源：收益、收入、资产价值的增长。投机者依赖外部回报来源：主要是其他人是否会支付更多，而不考虑基本价值。</blockquote></p><p> The word investor comes from the Latin “investire,” to dress in or clothe oneself, surround or envelop. You would never wear clothes without knowing what color they are or what material they’re made of. Likewise, you can’t invest in an asset you know nothing about.</p><p><blockquote>投资者这个词来自拉丁语“investire”，意思是穿着或打扮自己，包围或包围。你永远不会在不知道衣服是什么颜色或由什么材料制成的情况下穿衣服。同样，你不能投资你一无所知的资产。</blockquote></p><p> Nevertheless, the Journal and its editors have long called almost everybody who buys just about anything an “investor.” On July 12, 1962, the Journal publisheda letter to the editorfrom Benjamin Graham, author of the classic books “Security Analysis” and “The Intelligent Investor.” That June, complained Graham, the Journal had run an article headlined “Many Small Investors Bet on Further Drops, Sell Odd Lots Short.”</p><p><blockquote>然而，《华尔街日报》及其编辑长期以来一直将几乎所有购买任何东西的人称为“投资者”。1962年7月12日，《华尔街日报》发表了经典著作《证券分析》和《聪明的投资者》的作者本杰明·格雷厄姆写给编辑的一封信。格雷厄姆抱怨说，那年6月，《华尔街日报》发表了一篇文章，标题是“许多小投资者押注进一步下跌，卖空零星股票”。</blockquote></p><p> He wrote: “By what definition of ‘investment’ can one give the name ‘investors’ to small people who make bets on the stock market by selling odd lots short?” (To short an odd lot is to borrow and sell fewer than 100 shares in a wager that a stock will fall—an expensive and risky bet, then and now.)</p><p><blockquote>他写道：“根据‘投资’的什么定义，人们可以给那些通过卖空零头在股市上下注的小人物起‘投资者’这个名字呢？”（做空奇数手就是借入并卖出少于100股的股票，押注股票会下跌——无论在当时还是现在，这都是一个昂贵且有风险的赌注。）</blockquote></p><p> “If these people are investors,” asked Graham, “how should one define ‘speculation’ and ‘speculators’? Isn’t it possible that the currentfailure to distinguishbetweeninvestment and speculationmay do grave harm not only to individuals but to the whole financial community—as it did in the late 1920s?”</p><p><blockquote>“如果这些人是投资者，”格雷厄姆问道，“我们应该如何定义‘投机’和‘投机者’？难道目前未能区分投资和投机的做法不仅会对个人，而且会对整个金融界造成严重伤害吗——就像20世纪20年代末那样？”</blockquote></p><p> Graham wasn’t a snob who thought that the markets should be the exclusive playground of the rich. He wrote “The Intelligent Investor” with the express purpose of helping less-wealthy people participate wisely in the stock market.</p><p><blockquote>格雷厄姆并不是一个认为市场应该是富人专属游乐场的势利小人。他写了《聪明的投资者》，明确的目的是帮助不太富裕的人明智地参与股市。</blockquote></p><p> In that book, after which this column is named, Graham said, “Outright speculation is neither illegal, immoral, nor (for most people) fattening to the pocketbook.”</p><p><blockquote>格雷厄姆在那本书（本专栏就是以其命名的）中说：“彻头彻尾的投机既不违法、不道德，也（对大多数人来说）不会让钱包发胖。”</blockquote></p><p> However, he warned, it creates three dangers: “(1) speculating when you think you are investing; (2) speculating seriously instead of as a pastime, when you lack proper knowledge and skill for it; and (3) risking more money in speculation than you can afford to lose.”</p><p><blockquote>然而，他警告说，这会带来三种危险：“（1）当你认为自己在投资时进行投机；（2）当你缺乏适当的知识和技能时，认真地投机而不是作为一种消遣；以及（3）冒更多钱的风险投机超出了你的承受能力。”</blockquote></p><p> Most investors speculate a bit every once in a while. Like a lottery ticket or an occasional visit to the racetrack or casino, a little is harmless fun. A lot isn’t.</p><p><blockquote>大多数投资者每隔一段时间就会投机一点。就像彩票或偶尔去赛马场或赌场一样，一点点是无害的乐趣。很多都不是。</blockquote></p><p> If you think you’re investing when you’re speculating, you’ll attribute even momentary success to skill even thoughluck is the likeliest explanation. That can lead you to take reckless risks.</p><p><blockquote>如果你认为你在投机时是在投资，你会将哪怕是短暂的成功归因于技能，即使运气是最可能的解释。这会导致你冒鲁莽的风险。</blockquote></p><p> Take speculating too seriously, and it turns intoan obsessionandan addiction. You become incapable of accepting your losses or focusing on the future more than a few minutes ahead. Next thing you know, you’re throwing even more money onto the bonfire.</p><p><blockquote>把投机看得太重，它会变成一种痴迷和上瘾。你变得无法接受你的损失，也无法关注未来超过几分钟。接下来你知道的是，你在篝火上投入了更多的钱。</blockquote></p><p> I think calling traders and speculators “investors” shoves many newcomers farther down the slippery slope toward risks they shouldn’t take and losses they can’t afford. I fervently hope the Journal and its editors will finally stop using “investor” as the default term for anyone who makes a trade.</p><p><blockquote>我认为，将交易者和投机者称为“投资者”会将许多新来者推向他们不应该承担的风险和他们无法承受的损失的滑坡。我热切地希望《华尔街日报》及其编辑最终不再使用“投资者”作为任何进行交易的人的默认术语。</blockquote></p><p> “ ‘Investor’ has a long history in the English language as a catch-all term denoting people who commit capital with the expectation of a return, no matter how long or short, no matter how many or how few investing columns they read,” WSJ Financial Editor Charles Forelle said in response to my complaints. “Back at least to the mid-19th century, ‘invest’ has even been used to describe a wager on horses—an activity surely no less divorced from fundamental analysis than a purchase of dogecoin.”</p><p><blockquote>“‘投资者’在英语中作为一个包罗万象的术语有着悠久的历史，指的是那些投入资本并期望回报的人，无论时间长短，无论他们阅读的投资专栏有多少，”《华尔街日报》财经编辑查尔斯·福雷尔在回应我的投诉时说道。“至少可以追溯到19世纪中叶，‘投资’甚至被用来描述赌马——这种活动与基本面分析的脱节程度肯定不亚于购买狗狗币。”</blockquote></p><p></p><p> I hear you, Boss, but I still think you’re wrong. There’s no way the Journal would say a recreational gambler is “investing” at the racetrack just because a dictionary says we can.</p><p><blockquote>我听到了，老板，但我还是认为你错了。《华尔街日报》不可能仅仅因为字典上说我们可以，就说一个休闲赌徒在赛马场“投资”。</blockquote></p><p> Calling novice speculators “investors” is one of the most powerful ways marketers fuel excessive trading.</p><p><blockquote>将新手投机者称为“投资者”是营销人员助长过度交易的最有力方式之一。</blockquote></p><p> Ina recent Instagram post, a former porn star who goes by the name Lana Rhoades posed in—well, mostly in—a bikini, as she held up what appears to be Graham’s “The Intelligent Investor.” According to IMDb.com, she starred in such videos as “Tushy” and “Make Me Meow.”</p><p><blockquote>在最近的Instagram帖子中，一位名叫拉娜·罗迪斯(Lana Rhoades)的前色情明星穿着——嗯，大部分是穿着——比基尼，举着似乎是格雷厄姆的《聪明的投资者》。据IMDb.com报道，她主演了《Tushy》和《Make Me Meow》等视频。</blockquote></p><p> In her post, which was “liked” by nearly 1.8 million people, Ms. Rhoades announced that she will be promoting a cryptocurrency calledPAWGcoin.</p><p><blockquote>在她被近180万人“点赞”的帖子中，罗迪斯宣布她将推广一种名为PAWGCoin的加密货币。</blockquote></p><p> The currency’s website says the coin is meant for “those who pay homage to developed posteriors.” (PAWG, I’ve been reliably informed, stands for Phat Ass White Girl.)</p><p><blockquote>该货币的网站称，这枚硬币是为“那些向发达的后躯致敬的人”准备的。（我得到可靠消息，PAWG代表胖屁股白人女孩。）</blockquote></p><p> PAWGcoin is up roughly 900% since Ms. Rhoades began promoting it in early June, according to Poocoin.io, a website that tracks such digital currencies.</p><p><blockquote>据追踪此类数字货币的网站Poocoin.io称，自Rhoades女士6月初开始推广PAWGcoin以来，PAWGcoin已上涨约900%。</blockquote></p><p> Ms. Rhoades, who has tweeted “I also read the WSJ every morning,” couldn’t be reached for comment. PAWGcoin’s website encourages visitors to “invest now.”</p><p><blockquote>罗迪斯女士在推特上写道“我每天早上也阅读《华尔街日报》”，但记者无法联系到她置评。PAWGcoin的网站鼓励访问者“立即投资”。</blockquote></p><p> In Ms. Rhoades’s Instagram post, she is holding up an open copy of the “The Intelligent Investor,” whose cover is reversed. She appears to be reading it with her eyes closed.</p><p><blockquote>在罗迪斯的Instagram帖子中，她举着一本打开的《聪明的投资者》，封面是颠倒的。她似乎是闭着眼睛读的。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.wsj.com/articles/you-cant-invest-without-trading-you-can-trade-without-investing-11623426213?mod=markets_lead_pos5\">The 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":{"SPY":"标普500ETF",".SPX":"S&P 500 Index",".DJI":"道琼斯",".IXIC":"NASDAQ Composite"},"source_url":"https://www.wsj.com/articles/you-cant-invest-without-trading-you-can-trade-without-investing-11623426213?mod=markets_lead_pos5","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1147474880","content_text":"Understanding the difference between speculation and investing is essential to avoiding reckless risk.\n\nI’ve had it.\nThe Wall Street Journal is wrong, and has remained wrong for decades, about one of the most basic distinctions in finance. And I can’t stand it anymore.\nIf you buy a stock purely because it’s gone up a lot, without doing any research on it whatsoever, you are not—as the Journal and its editors bizarrely insist on calling you—an “investor.” If you buy a cryptocurrency because, hey, that sounds like fun, you aren’t an investor either.\nWhenever you buy any financial asset becauseyou have a hunchorjust for kicks, or becausesomebody famous is hyping the heck out of itoreverybody else seems to be buying it too, you aren’t investing.\nYou’re definitely a trader: someone who has just bought an asset. And you may bea speculator: someone who thinks other people will pay more for it than you did.\nOf course,some folkswho buy meme stocks likeGameStopCorp.GME5.88%areinvestors. They read the companies’ financial statements, study the health of the underlying businesses and learn who else is betting on or against the shares. Likewise, many buyers of digital coins have put in the time and effort to understand how cryptocurrency works and how it could reshape finance.\nAn investor relies on internal sources of return: earnings, income, growth in the value of assets. A speculator counts on external sources of return: primarilywhether somebody else will pay more, regardless of fundamental value.\nThe word investor comes from the Latin “investire,” to dress in or clothe oneself, surround or envelop. You would never wear clothes without knowing what color they are or what material they’re made of. Likewise, you can’t invest in an asset you know nothing about.\nNevertheless, the Journal and its editors have long called almost everybody who buys just about anything an “investor.” On July 12, 1962, the Journal publisheda letter to the editorfrom Benjamin Graham, author of the classic books “Security Analysis” and “The Intelligent Investor.” That June, complained Graham, the Journal had run an article headlined “Many Small Investors Bet on Further Drops, Sell Odd Lots Short.”\nHe wrote: “By what definition of ‘investment’ can one give the name ‘investors’ to small people who make bets on the stock market by selling odd lots short?” (To short an odd lot is to borrow and sell fewer than 100 shares in a wager that a stock will fall—an expensive and risky bet, then and now.)\n“If these people are investors,” asked Graham, “how should one define ‘speculation’ and ‘speculators’? Isn’t it possible that the currentfailure to distinguishbetweeninvestment and speculationmay do grave harm not only to individuals but to the whole financial community—as it did in the late 1920s?”\nGraham wasn’t a snob who thought that the markets should be the exclusive playground of the rich. He wrote “The Intelligent Investor” with the express purpose of helping less-wealthy people participate wisely in the stock market.\nIn that book, after which this column is named, Graham said, “Outright speculation is neither illegal, immoral, nor (for most people) fattening to the pocketbook.”\nHowever, he warned, it creates three dangers: “(1) speculating when you think you are investing; (2) speculating seriously instead of as a pastime, when you lack proper knowledge and skill for it; and (3) risking more money in speculation than you can afford to lose.”\nMost investors speculate a bit every once in a while. Like a lottery ticket or an occasional visit to the racetrack or casino, a little is harmless fun. A lot isn’t.\nIf you think you’re investing when you’re speculating, you’ll attribute even momentary success to skill even thoughluck is the likeliest explanation. That can lead you to take reckless risks.\nTake speculating too seriously, and it turns intoan obsessionandan addiction. You become incapable of accepting your losses or focusing on the future more than a few minutes ahead. Next thing you know, you’re throwing even more money onto the bonfire.\nI think calling traders and speculators “investors” shoves many newcomers farther down the slippery slope toward risks they shouldn’t take and losses they can’t afford. I fervently hope the Journal and its editors will finally stop using “investor” as the default term for anyone who makes a trade.\n“ ‘Investor’ has a long history in the English language as a catch-all term denoting people who commit capital with the expectation of a return, no matter how long or short, no matter how many or how few investing columns they read,” WSJ Financial Editor Charles Forelle said in response to my complaints. “Back at least to the mid-19th century, ‘invest’ has even been used to describe a wager on horses—an activity surely no less divorced from fundamental analysis than a purchase of dogecoin.”\nI hear you, Boss, but I still think you’re wrong. There’s no way the Journal would say a recreational gambler is “investing” at the racetrack just because a dictionary says we can.\nCalling novice speculators “investors” is one of the most powerful ways marketers fuel excessive trading.\nIna recent Instagram post, a former porn star who goes by the name Lana Rhoades posed in—well, mostly in—a bikini, as she held up what appears to be Graham’s “The Intelligent Investor.” According to IMDb.com, she starred in such videos as “Tushy” and “Make Me Meow.”\nIn her post, which was “liked” by nearly 1.8 million people, Ms. Rhoades announced that she will be promoting a cryptocurrency calledPAWGcoin.\nThe currency’s website says the coin is meant for “those who pay homage to developed posteriors.” (PAWG, I’ve been reliably informed, stands for Phat Ass White Girl.)\nPAWGcoin is up roughly 900% since Ms. Rhoades began promoting it in early June, according to Poocoin.io, a website that tracks such digital currencies.\nMs. Rhoades, who has tweeted “I also read the WSJ every morning,” couldn’t be reached for comment. PAWGcoin’s website encourages visitors to “invest now.”\nIn Ms. Rhoades’s Instagram post, she is holding up an open copy of the “The Intelligent Investor,” whose cover is reversed. She appears to be reading it with her eyes closed.","news_type":1,"symbols_score_info":{".DJI":0.9,".SPX":0.9,".IXIC":0.9,"SPY":0.9}},"isVote":1,"tweetType":1,"viewCount":347,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":183635654,"gmtCreate":1623327520178,"gmtModify":1631893061694,"author":{"id":"3581542297351770","authorId":"3581542297351770","name":"Sylee123","avatar":"https://static.tigerbbs.com/cdcc42e342e5b28b466e7456cf027928","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3581542297351770","idStr":"3581542297351770"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/BB\">$BlackBerry(BB)$</a>Oh no","listText":"<a href=\"https://laohu8.com/S/BB\">$BlackBerry(BB)$</a>Oh no","text":"$BlackBerry(BB)$Oh no","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/183635654","isVote":1,"tweetType":1,"viewCount":750,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":118892317,"gmtCreate":1622727228439,"gmtModify":1631893061695,"author":{"id":"3581542297351770","authorId":"3581542297351770","name":"Sylee123","avatar":"https://static.tigerbbs.com/cdcc42e342e5b28b466e7456cf027928","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3581542297351770","idStr":"3581542297351770"},"themes":[],"htmlText":"Yes","listText":"Yes","text":"Yes","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/118892317","repostId":"1139859065","repostType":4,"isVote":1,"tweetType":1,"viewCount":299,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":186505874,"gmtCreate":1623507568098,"gmtModify":1631893061695,"author":{"id":"3581542297351770","authorId":"3581542297351770","name":"Sylee123","avatar":"https://static.tigerbbs.com/cdcc42e342e5b28b466e7456cf027928","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581542297351770","authorIdStr":"3581542297351770"},"themes":[],"htmlText":"Investor&nbsp;","listText":"Investor&nbsp;","text":"Investor","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/186505874","repostId":"1147474880","repostType":4,"repost":{"id":"1147474880","kind":"news","pubTimestamp":1623470168,"share":"https://www.laohu8.com/m/news/1147474880?lang=zh_CN&edition=full","pubTime":"2021-06-12 11:56","market":"us","language":"en","title":"Investor, Trader, Speculator: Which One Are You?<blockquote>投资者、交易者、投机者：你是哪一个？</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1147474880","media":"The Wall Street Journal","summary":"Understanding the difference between speculation and investing is essential to avoiding reckless ris","content":"<p>  Understanding the difference between speculation and investing is essential to avoiding reckless risk.  I’ve had it.</p><p><blockquote>了解投机和投资之间的区别对于避免鲁莽风险至关重要。我受够了。</blockquote></p><p> The Wall Street Journal is wrong, and has remained wrong for decades, about one of the most basic distinctions in finance. And I can’t stand it anymore.</p><p><blockquote>关于金融最基本的区别之一，《华尔街日报》是错误的，而且几十年来一直是错误的。我再也受不了了。</blockquote></p><p> If you buy a stock purely because it’s gone up a lot, without doing any research on it whatsoever, you are not—as the Journal and its editors bizarrely insist on calling you—an “investor.” If you buy a cryptocurrency because, hey, that sounds like fun, you aren’t an investor either.</p><p><blockquote>如果你购买一只股票纯粹是因为它上涨了很多，而没有对其进行任何研究，那么你就不是——正如《华尔街日报》及其编辑奇怪地坚持这样称呼你的那样——“投资者”。如果你购买加密货币是因为，嘿，这听起来很有趣，你也不是投资者。</blockquote></p><p> Whenever you buy any financial asset becauseyou have a hunchorjust for kicks, or becausesomebody famous is hyping the heck out of itoreverybody else seems to be buying it too, you aren’t investing.</p><p><blockquote>每当你购买任何金融资产是因为你有一个只是为了好玩，或者因为某个名人正在大肆宣传它，而其他人似乎也在购买它，你就不是在投资。</blockquote></p><p> You’re definitely a trader: someone who has just bought an asset. And you may bea speculator: someone who thinks other people will pay more for it than you did.</p><p><blockquote>你绝对是一个交易者：刚刚购买了一项资产的人。你可能是一个投机者：认为其他人会比你付出更多的钱。</blockquote></p><p> Of course,some folkswho buy meme stocks likeGameStopCorp.GME5.88%<i>are</i>investors. They read the companies’ financial statements, study the health of the underlying businesses and learn who else is betting on or against the shares. Likewise, many buyers of digital coins have put in the time and effort to understand how cryptocurrency works and how it could reshape finance.</p><p><blockquote>当然，有些人购买像GameStopCorp.GME 5.88%这样的模因股票<i>是</i>投资者。他们阅读公司的财务报表，研究基础业务的健康状况，并了解还有谁在做空股票。同样，许多数字硬币的买家也投入了时间和精力来了解加密货币的工作原理以及它如何重塑金融。</blockquote></p><p> An investor relies on internal sources of return: earnings, income, growth in the value of assets. A speculator counts on external sources of return: primarilywhether somebody else will pay more, regardless of fundamental value.</p><p><blockquote>投资者依赖于内部回报来源：收益、收入、资产价值的增长。投机者依赖外部回报来源：主要是其他人是否会支付更多，而不考虑基本价值。</blockquote></p><p> The word investor comes from the Latin “investire,” to dress in or clothe oneself, surround or envelop. You would never wear clothes without knowing what color they are or what material they’re made of. Likewise, you can’t invest in an asset you know nothing about.</p><p><blockquote>投资者这个词来自拉丁语“investire”，意思是穿着或打扮自己，包围或包围。你永远不会在不知道衣服是什么颜色或由什么材料制成的情况下穿衣服。同样，你不能投资你一无所知的资产。</blockquote></p><p> Nevertheless, the Journal and its editors have long called almost everybody who buys just about anything an “investor.” On July 12, 1962, the Journal publisheda letter to the editorfrom Benjamin Graham, author of the classic books “Security Analysis” and “The Intelligent Investor.” That June, complained Graham, the Journal had run an article headlined “Many Small Investors Bet on Further Drops, Sell Odd Lots Short.”</p><p><blockquote>然而，《华尔街日报》及其编辑长期以来一直将几乎所有购买任何东西的人称为“投资者”。1962年7月12日，《华尔街日报》发表了经典著作《证券分析》和《聪明的投资者》的作者本杰明·格雷厄姆写给编辑的一封信。格雷厄姆抱怨说，那年6月，《华尔街日报》发表了一篇文章，标题是“许多小投资者押注进一步下跌，卖空零星股票”。</blockquote></p><p> He wrote: “By what definition of ‘investment’ can one give the name ‘investors’ to small people who make bets on the stock market by selling odd lots short?” (To short an odd lot is to borrow and sell fewer than 100 shares in a wager that a stock will fall—an expensive and risky bet, then and now.)</p><p><blockquote>他写道：“根据‘投资’的什么定义，人们可以给那些通过卖空零头在股市上下注的小人物起‘投资者’这个名字呢？”（做空奇数手就是借入并卖出少于100股的股票，押注股票会下跌——无论在当时还是现在，这都是一个昂贵且有风险的赌注。）</blockquote></p><p> “If these people are investors,” asked Graham, “how should one define ‘speculation’ and ‘speculators’? Isn’t it possible that the currentfailure to distinguishbetweeninvestment and speculationmay do grave harm not only to individuals but to the whole financial community—as it did in the late 1920s?”</p><p><blockquote>“如果这些人是投资者，”格雷厄姆问道，“我们应该如何定义‘投机’和‘投机者’？难道目前未能区分投资和投机的做法不仅会对个人，而且会对整个金融界造成严重伤害吗——就像20世纪20年代末那样？”</blockquote></p><p> Graham wasn’t a snob who thought that the markets should be the exclusive playground of the rich. He wrote “The Intelligent Investor” with the express purpose of helping less-wealthy people participate wisely in the stock market.</p><p><blockquote>格雷厄姆并不是一个认为市场应该是富人专属游乐场的势利小人。他写了《聪明的投资者》，明确的目的是帮助不太富裕的人明智地参与股市。</blockquote></p><p> In that book, after which this column is named, Graham said, “Outright speculation is neither illegal, immoral, nor (for most people) fattening to the pocketbook.”</p><p><blockquote>格雷厄姆在那本书（本专栏就是以其命名的）中说：“彻头彻尾的投机既不违法、不道德，也（对大多数人来说）不会让钱包发胖。”</blockquote></p><p> However, he warned, it creates three dangers: “(1) speculating when you think you are investing; (2) speculating seriously instead of as a pastime, when you lack proper knowledge and skill for it; and (3) risking more money in speculation than you can afford to lose.”</p><p><blockquote>然而，他警告说，这会带来三种危险：“（1）当你认为自己在投资时进行投机；（2）当你缺乏适当的知识和技能时，认真地投机而不是作为一种消遣；以及（3）冒更多钱的风险投机超出了你的承受能力。”</blockquote></p><p> Most investors speculate a bit every once in a while. Like a lottery ticket or an occasional visit to the racetrack or casino, a little is harmless fun. A lot isn’t.</p><p><blockquote>大多数投资者每隔一段时间就会投机一点。就像彩票或偶尔去赛马场或赌场一样，一点点是无害的乐趣。很多都不是。</blockquote></p><p> If you think you’re investing when you’re speculating, you’ll attribute even momentary success to skill even thoughluck is the likeliest explanation. That can lead you to take reckless risks.</p><p><blockquote>如果你认为你在投机时是在投资，你会将哪怕是短暂的成功归因于技能，即使运气是最可能的解释。这会导致你冒鲁莽的风险。</blockquote></p><p> Take speculating too seriously, and it turns intoan obsessionandan addiction. You become incapable of accepting your losses or focusing on the future more than a few minutes ahead. Next thing you know, you’re throwing even more money onto the bonfire.</p><p><blockquote>把投机看得太重，它会变成一种痴迷和上瘾。你变得无法接受你的损失，也无法关注未来超过几分钟。接下来你知道的是，你在篝火上投入了更多的钱。</blockquote></p><p> I think calling traders and speculators “investors” shoves many newcomers farther down the slippery slope toward risks they shouldn’t take and losses they can’t afford. I fervently hope the Journal and its editors will finally stop using “investor” as the default term for anyone who makes a trade.</p><p><blockquote>我认为，将交易者和投机者称为“投资者”会将许多新来者推向他们不应该承担的风险和他们无法承受的损失的滑坡。我热切地希望《华尔街日报》及其编辑最终不再使用“投资者”作为任何进行交易的人的默认术语。</blockquote></p><p> “ ‘Investor’ has a long history in the English language as a catch-all term denoting people who commit capital with the expectation of a return, no matter how long or short, no matter how many or how few investing columns they read,” WSJ Financial Editor Charles Forelle said in response to my complaints. “Back at least to the mid-19th century, ‘invest’ has even been used to describe a wager on horses—an activity surely no less divorced from fundamental analysis than a purchase of dogecoin.”</p><p><blockquote>“‘投资者’在英语中作为一个包罗万象的术语有着悠久的历史，指的是那些投入资本并期望回报的人，无论时间长短，无论他们阅读的投资专栏有多少，”《华尔街日报》财经编辑查尔斯·福雷尔在回应我的投诉时说道。“至少可以追溯到19世纪中叶，‘投资’甚至被用来描述赌马——这种活动与基本面分析的脱节程度肯定不亚于购买狗狗币。”</blockquote></p><p></p><p> I hear you, Boss, but I still think you’re wrong. There’s no way the Journal would say a recreational gambler is “investing” at the racetrack just because a dictionary says we can.</p><p><blockquote>我听到了，老板，但我还是认为你错了。《华尔街日报》不可能仅仅因为字典上说我们可以，就说一个休闲赌徒在赛马场“投资”。</blockquote></p><p> Calling novice speculators “investors” is one of the most powerful ways marketers fuel excessive trading.</p><p><blockquote>将新手投机者称为“投资者”是营销人员助长过度交易的最有力方式之一。</blockquote></p><p> Ina recent Instagram post, a former porn star who goes by the name Lana Rhoades posed in—well, mostly in—a bikini, as she held up what appears to be Graham’s “The Intelligent Investor.” According to IMDb.com, she starred in such videos as “Tushy” and “Make Me Meow.”</p><p><blockquote>在最近的Instagram帖子中，一位名叫拉娜·罗迪斯(Lana Rhoades)的前色情明星穿着——嗯，大部分是穿着——比基尼，举着似乎是格雷厄姆的《聪明的投资者》。据IMDb.com报道，她主演了《Tushy》和《Make Me Meow》等视频。</blockquote></p><p> In her post, which was “liked” by nearly 1.8 million people, Ms. Rhoades announced that she will be promoting a cryptocurrency calledPAWGcoin.</p><p><blockquote>在她被近180万人“点赞”的帖子中，罗迪斯宣布她将推广一种名为PAWGCoin的加密货币。</blockquote></p><p> The currency’s website says the coin is meant for “those who pay homage to developed posteriors.” (PAWG, I’ve been reliably informed, stands for Phat Ass White Girl.)</p><p><blockquote>该货币的网站称，这枚硬币是为“那些向发达的后躯致敬的人”准备的。（我得到可靠消息，PAWG代表胖屁股白人女孩。）</blockquote></p><p> PAWGcoin is up roughly 900% since Ms. Rhoades began promoting it in early June, according to Poocoin.io, a website that tracks such digital currencies.</p><p><blockquote>据追踪此类数字货币的网站Poocoin.io称，自Rhoades女士6月初开始推广PAWGcoin以来，PAWGcoin已上涨约900%。</blockquote></p><p> Ms. Rhoades, who has tweeted “I also read the WSJ every morning,” couldn’t be reached for comment. PAWGcoin’s website encourages visitors to “invest now.”</p><p><blockquote>罗迪斯女士在推特上写道“我每天早上也阅读《华尔街日报》”，但记者无法联系到她置评。PAWGcoin的网站鼓励访问者“立即投资”。</blockquote></p><p> In Ms. Rhoades’s Instagram post, she is holding up an open copy of the “The Intelligent Investor,” whose cover is reversed. She appears to be reading it with her eyes closed.</p><p><blockquote>在罗迪斯的Instagram帖子中，她举着一本打开的《聪明的投资者》，封面是颠倒的。她似乎是闭着眼睛读的。</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>Investor, Trader, Speculator: Which One Are You?<blockquote>投资者、交易者、投机者：你是哪一个？</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\">\nInvestor, Trader, Speculator: Which One Are You?<blockquote>投资者、交易者、投机者：你是哪一个？</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">The Wall Street Journal</strong><span class=\"h-time small\">2021-06-12 11:56</span>\n</p>\n</h4>\n</header>\n<article>\n<p>  Understanding the difference between speculation and investing is essential to avoiding reckless risk.  I’ve had it.</p><p><blockquote>了解投机和投资之间的区别对于避免鲁莽风险至关重要。我受够了。</blockquote></p><p> The Wall Street Journal is wrong, and has remained wrong for decades, about one of the most basic distinctions in finance. And I can’t stand it anymore.</p><p><blockquote>关于金融最基本的区别之一，《华尔街日报》是错误的，而且几十年来一直是错误的。我再也受不了了。</blockquote></p><p> If you buy a stock purely because it’s gone up a lot, without doing any research on it whatsoever, you are not—as the Journal and its editors bizarrely insist on calling you—an “investor.” If you buy a cryptocurrency because, hey, that sounds like fun, you aren’t an investor either.</p><p><blockquote>如果你购买一只股票纯粹是因为它上涨了很多，而没有对其进行任何研究，那么你就不是——正如《华尔街日报》及其编辑奇怪地坚持这样称呼你的那样——“投资者”。如果你购买加密货币是因为，嘿，这听起来很有趣，你也不是投资者。</blockquote></p><p> Whenever you buy any financial asset becauseyou have a hunchorjust for kicks, or becausesomebody famous is hyping the heck out of itoreverybody else seems to be buying it too, you aren’t investing.</p><p><blockquote>每当你购买任何金融资产是因为你有一个只是为了好玩，或者因为某个名人正在大肆宣传它，而其他人似乎也在购买它，你就不是在投资。</blockquote></p><p> You’re definitely a trader: someone who has just bought an asset. And you may bea speculator: someone who thinks other people will pay more for it than you did.</p><p><blockquote>你绝对是一个交易者：刚刚购买了一项资产的人。你可能是一个投机者：认为其他人会比你付出更多的钱。</blockquote></p><p> Of course,some folkswho buy meme stocks likeGameStopCorp.GME5.88%<i>are</i>investors. They read the companies’ financial statements, study the health of the underlying businesses and learn who else is betting on or against the shares. Likewise, many buyers of digital coins have put in the time and effort to understand how cryptocurrency works and how it could reshape finance.</p><p><blockquote>当然，有些人购买像GameStopCorp.GME 5.88%这样的模因股票<i>是</i>投资者。他们阅读公司的财务报表，研究基础业务的健康状况，并了解还有谁在做空股票。同样，许多数字硬币的买家也投入了时间和精力来了解加密货币的工作原理以及它如何重塑金融。</blockquote></p><p> An investor relies on internal sources of return: earnings, income, growth in the value of assets. A speculator counts on external sources of return: primarilywhether somebody else will pay more, regardless of fundamental value.</p><p><blockquote>投资者依赖于内部回报来源：收益、收入、资产价值的增长。投机者依赖外部回报来源：主要是其他人是否会支付更多，而不考虑基本价值。</blockquote></p><p> The word investor comes from the Latin “investire,” to dress in or clothe oneself, surround or envelop. You would never wear clothes without knowing what color they are or what material they’re made of. Likewise, you can’t invest in an asset you know nothing about.</p><p><blockquote>投资者这个词来自拉丁语“investire”，意思是穿着或打扮自己，包围或包围。你永远不会在不知道衣服是什么颜色或由什么材料制成的情况下穿衣服。同样，你不能投资你一无所知的资产。</blockquote></p><p> Nevertheless, the Journal and its editors have long called almost everybody who buys just about anything an “investor.” On July 12, 1962, the Journal publisheda letter to the editorfrom Benjamin Graham, author of the classic books “Security Analysis” and “The Intelligent Investor.” That June, complained Graham, the Journal had run an article headlined “Many Small Investors Bet on Further Drops, Sell Odd Lots Short.”</p><p><blockquote>然而，《华尔街日报》及其编辑长期以来一直将几乎所有购买任何东西的人称为“投资者”。1962年7月12日，《华尔街日报》发表了经典著作《证券分析》和《聪明的投资者》的作者本杰明·格雷厄姆写给编辑的一封信。格雷厄姆抱怨说，那年6月，《华尔街日报》发表了一篇文章，标题是“许多小投资者押注进一步下跌，卖空零星股票”。</blockquote></p><p> He wrote: “By what definition of ‘investment’ can one give the name ‘investors’ to small people who make bets on the stock market by selling odd lots short?” (To short an odd lot is to borrow and sell fewer than 100 shares in a wager that a stock will fall—an expensive and risky bet, then and now.)</p><p><blockquote>他写道：“根据‘投资’的什么定义，人们可以给那些通过卖空零头在股市上下注的小人物起‘投资者’这个名字呢？”（做空奇数手就是借入并卖出少于100股的股票，押注股票会下跌——无论在当时还是现在，这都是一个昂贵且有风险的赌注。）</blockquote></p><p> “If these people are investors,” asked Graham, “how should one define ‘speculation’ and ‘speculators’? Isn’t it possible that the currentfailure to distinguishbetweeninvestment and speculationmay do grave harm not only to individuals but to the whole financial community—as it did in the late 1920s?”</p><p><blockquote>“如果这些人是投资者，”格雷厄姆问道，“我们应该如何定义‘投机’和‘投机者’？难道目前未能区分投资和投机的做法不仅会对个人，而且会对整个金融界造成严重伤害吗——就像20世纪20年代末那样？”</blockquote></p><p> Graham wasn’t a snob who thought that the markets should be the exclusive playground of the rich. He wrote “The Intelligent Investor” with the express purpose of helping less-wealthy people participate wisely in the stock market.</p><p><blockquote>格雷厄姆并不是一个认为市场应该是富人专属游乐场的势利小人。他写了《聪明的投资者》，明确的目的是帮助不太富裕的人明智地参与股市。</blockquote></p><p> In that book, after which this column is named, Graham said, “Outright speculation is neither illegal, immoral, nor (for most people) fattening to the pocketbook.”</p><p><blockquote>格雷厄姆在那本书（本专栏就是以其命名的）中说：“彻头彻尾的投机既不违法、不道德，也（对大多数人来说）不会让钱包发胖。”</blockquote></p><p> However, he warned, it creates three dangers: “(1) speculating when you think you are investing; (2) speculating seriously instead of as a pastime, when you lack proper knowledge and skill for it; and (3) risking more money in speculation than you can afford to lose.”</p><p><blockquote>然而，他警告说，这会带来三种危险：“（1）当你认为自己在投资时进行投机；（2）当你缺乏适当的知识和技能时，认真地投机而不是作为一种消遣；以及（3）冒更多钱的风险投机超出了你的承受能力。”</blockquote></p><p> Most investors speculate a bit every once in a while. Like a lottery ticket or an occasional visit to the racetrack or casino, a little is harmless fun. A lot isn’t.</p><p><blockquote>大多数投资者每隔一段时间就会投机一点。就像彩票或偶尔去赛马场或赌场一样，一点点是无害的乐趣。很多都不是。</blockquote></p><p> If you think you’re investing when you’re speculating, you’ll attribute even momentary success to skill even thoughluck is the likeliest explanation. That can lead you to take reckless risks.</p><p><blockquote>如果你认为你在投机时是在投资，你会将哪怕是短暂的成功归因于技能，即使运气是最可能的解释。这会导致你冒鲁莽的风险。</blockquote></p><p> Take speculating too seriously, and it turns intoan obsessionandan addiction. You become incapable of accepting your losses or focusing on the future more than a few minutes ahead. Next thing you know, you’re throwing even more money onto the bonfire.</p><p><blockquote>把投机看得太重，它会变成一种痴迷和上瘾。你变得无法接受你的损失，也无法关注未来超过几分钟。接下来你知道的是，你在篝火上投入了更多的钱。</blockquote></p><p> I think calling traders and speculators “investors” shoves many newcomers farther down the slippery slope toward risks they shouldn’t take and losses they can’t afford. I fervently hope the Journal and its editors will finally stop using “investor” as the default term for anyone who makes a trade.</p><p><blockquote>我认为，将交易者和投机者称为“投资者”会将许多新来者推向他们不应该承担的风险和他们无法承受的损失的滑坡。我热切地希望《华尔街日报》及其编辑最终不再使用“投资者”作为任何进行交易的人的默认术语。</blockquote></p><p> “ ‘Investor’ has a long history in the English language as a catch-all term denoting people who commit capital with the expectation of a return, no matter how long or short, no matter how many or how few investing columns they read,” WSJ Financial Editor Charles Forelle said in response to my complaints. “Back at least to the mid-19th century, ‘invest’ has even been used to describe a wager on horses—an activity surely no less divorced from fundamental analysis than a purchase of dogecoin.”</p><p><blockquote>“‘投资者’在英语中作为一个包罗万象的术语有着悠久的历史，指的是那些投入资本并期望回报的人，无论时间长短，无论他们阅读的投资专栏有多少，”《华尔街日报》财经编辑查尔斯·福雷尔在回应我的投诉时说道。“至少可以追溯到19世纪中叶，‘投资’甚至被用来描述赌马——这种活动与基本面分析的脱节程度肯定不亚于购买狗狗币。”</blockquote></p><p></p><p> I hear you, Boss, but I still think you’re wrong. There’s no way the Journal would say a recreational gambler is “investing” at the racetrack just because a dictionary says we can.</p><p><blockquote>我听到了，老板，但我还是认为你错了。《华尔街日报》不可能仅仅因为字典上说我们可以，就说一个休闲赌徒在赛马场“投资”。</blockquote></p><p> Calling novice speculators “investors” is one of the most powerful ways marketers fuel excessive trading.</p><p><blockquote>将新手投机者称为“投资者”是营销人员助长过度交易的最有力方式之一。</blockquote></p><p> Ina recent Instagram post, a former porn star who goes by the name Lana Rhoades posed in—well, mostly in—a bikini, as she held up what appears to be Graham’s “The Intelligent Investor.” According to IMDb.com, she starred in such videos as “Tushy” and “Make Me Meow.”</p><p><blockquote>在最近的Instagram帖子中，一位名叫拉娜·罗迪斯(Lana Rhoades)的前色情明星穿着——嗯，大部分是穿着——比基尼，举着似乎是格雷厄姆的《聪明的投资者》。据IMDb.com报道，她主演了《Tushy》和《Make Me Meow》等视频。</blockquote></p><p> In her post, which was “liked” by nearly 1.8 million people, Ms. Rhoades announced that she will be promoting a cryptocurrency calledPAWGcoin.</p><p><blockquote>在她被近180万人“点赞”的帖子中，罗迪斯宣布她将推广一种名为PAWGCoin的加密货币。</blockquote></p><p> The currency’s website says the coin is meant for “those who pay homage to developed posteriors.” (PAWG, I’ve been reliably informed, stands for Phat Ass White Girl.)</p><p><blockquote>该货币的网站称，这枚硬币是为“那些向发达的后躯致敬的人”准备的。（我得到可靠消息，PAWG代表胖屁股白人女孩。）</blockquote></p><p> PAWGcoin is up roughly 900% since Ms. Rhoades began promoting it in early June, according to Poocoin.io, a website that tracks such digital currencies.</p><p><blockquote>据追踪此类数字货币的网站Poocoin.io称，自Rhoades女士6月初开始推广PAWGcoin以来，PAWGcoin已上涨约900%。</blockquote></p><p> Ms. Rhoades, who has tweeted “I also read the WSJ every morning,” couldn’t be reached for comment. PAWGcoin’s website encourages visitors to “invest now.”</p><p><blockquote>罗迪斯女士在推特上写道“我每天早上也阅读《华尔街日报》”，但记者无法联系到她置评。PAWGcoin的网站鼓励访问者“立即投资”。</blockquote></p><p> In Ms. Rhoades’s Instagram post, she is holding up an open copy of the “The Intelligent Investor,” whose cover is reversed. She appears to be reading it with her eyes closed.</p><p><blockquote>在罗迪斯的Instagram帖子中，她举着一本打开的《聪明的投资者》，封面是颠倒的。她似乎是闭着眼睛读的。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.wsj.com/articles/you-cant-invest-without-trading-you-can-trade-without-investing-11623426213?mod=markets_lead_pos5\">The 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":{"SPY":"标普500ETF",".SPX":"S&P 500 Index",".DJI":"道琼斯",".IXIC":"NASDAQ Composite"},"source_url":"https://www.wsj.com/articles/you-cant-invest-without-trading-you-can-trade-without-investing-11623426213?mod=markets_lead_pos5","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1147474880","content_text":"Understanding the difference between speculation and investing is essential to avoiding reckless risk.\n\nI’ve had it.\nThe Wall Street Journal is wrong, and has remained wrong for decades, about one of the most basic distinctions in finance. And I can’t stand it anymore.\nIf you buy a stock purely because it’s gone up a lot, without doing any research on it whatsoever, you are not—as the Journal and its editors bizarrely insist on calling you—an “investor.” If you buy a cryptocurrency because, hey, that sounds like fun, you aren’t an investor either.\nWhenever you buy any financial asset becauseyou have a hunchorjust for kicks, or becausesomebody famous is hyping the heck out of itoreverybody else seems to be buying it too, you aren’t investing.\nYou’re definitely a trader: someone who has just bought an asset. And you may bea speculator: someone who thinks other people will pay more for it than you did.\nOf course,some folkswho buy meme stocks likeGameStopCorp.GME5.88%areinvestors. They read the companies’ financial statements, study the health of the underlying businesses and learn who else is betting on or against the shares. Likewise, many buyers of digital coins have put in the time and effort to understand how cryptocurrency works and how it could reshape finance.\nAn investor relies on internal sources of return: earnings, income, growth in the value of assets. A speculator counts on external sources of return: primarilywhether somebody else will pay more, regardless of fundamental value.\nThe word investor comes from the Latin “investire,” to dress in or clothe oneself, surround or envelop. You would never wear clothes without knowing what color they are or what material they’re made of. Likewise, you can’t invest in an asset you know nothing about.\nNevertheless, the Journal and its editors have long called almost everybody who buys just about anything an “investor.” On July 12, 1962, the Journal publisheda letter to the editorfrom Benjamin Graham, author of the classic books “Security Analysis” and “The Intelligent Investor.” That June, complained Graham, the Journal had run an article headlined “Many Small Investors Bet on Further Drops, Sell Odd Lots Short.”\nHe wrote: “By what definition of ‘investment’ can one give the name ‘investors’ to small people who make bets on the stock market by selling odd lots short?” (To short an odd lot is to borrow and sell fewer than 100 shares in a wager that a stock will fall—an expensive and risky bet, then and now.)\n“If these people are investors,” asked Graham, “how should one define ‘speculation’ and ‘speculators’? Isn’t it possible that the currentfailure to distinguishbetweeninvestment and speculationmay do grave harm not only to individuals but to the whole financial community—as it did in the late 1920s?”\nGraham wasn’t a snob who thought that the markets should be the exclusive playground of the rich. He wrote “The Intelligent Investor” with the express purpose of helping less-wealthy people participate wisely in the stock market.\nIn that book, after which this column is named, Graham said, “Outright speculation is neither illegal, immoral, nor (for most people) fattening to the pocketbook.”\nHowever, he warned, it creates three dangers: “(1) speculating when you think you are investing; (2) speculating seriously instead of as a pastime, when you lack proper knowledge and skill for it; and (3) risking more money in speculation than you can afford to lose.”\nMost investors speculate a bit every once in a while. Like a lottery ticket or an occasional visit to the racetrack or casino, a little is harmless fun. A lot isn’t.\nIf you think you’re investing when you’re speculating, you’ll attribute even momentary success to skill even thoughluck is the likeliest explanation. That can lead you to take reckless risks.\nTake speculating too seriously, and it turns intoan obsessionandan addiction. You become incapable of accepting your losses or focusing on the future more than a few minutes ahead. Next thing you know, you’re throwing even more money onto the bonfire.\nI think calling traders and speculators “investors” shoves many newcomers farther down the slippery slope toward risks they shouldn’t take and losses they can’t afford. I fervently hope the Journal and its editors will finally stop using “investor” as the default term for anyone who makes a trade.\n“ ‘Investor’ has a long history in the English language as a catch-all term denoting people who commit capital with the expectation of a return, no matter how long or short, no matter how many or how few investing columns they read,” WSJ Financial Editor Charles Forelle said in response to my complaints. “Back at least to the mid-19th century, ‘invest’ has even been used to describe a wager on horses—an activity surely no less divorced from fundamental analysis than a purchase of dogecoin.”\nI hear you, Boss, but I still think you’re wrong. There’s no way the Journal would say a recreational gambler is “investing” at the racetrack just because a dictionary says we can.\nCalling novice speculators “investors” is one of the most powerful ways marketers fuel excessive trading.\nIna recent Instagram post, a former porn star who goes by the name Lana Rhoades posed in—well, mostly in—a bikini, as she held up what appears to be Graham’s “The Intelligent Investor.” According to IMDb.com, she starred in such videos as “Tushy” and “Make Me Meow.”\nIn her post, which was “liked” by nearly 1.8 million people, Ms. Rhoades announced that she will be promoting a cryptocurrency calledPAWGcoin.\nThe currency’s website says the coin is meant for “those who pay homage to developed posteriors.” (PAWG, I’ve been reliably informed, stands for Phat Ass White Girl.)\nPAWGcoin is up roughly 900% since Ms. Rhoades began promoting it in early June, according to Poocoin.io, a website that tracks such digital currencies.\nMs. Rhoades, who has tweeted “I also read the WSJ every morning,” couldn’t be reached for comment. PAWGcoin’s website encourages visitors to “invest now.”\nIn Ms. Rhoades’s Instagram post, she is holding up an open copy of the “The Intelligent Investor,” whose cover is reversed. She appears to be reading it with her eyes closed.","news_type":1,"symbols_score_info":{".DJI":0.9,".SPX":0.9,".IXIC":0.9,"SPY":0.9}},"isVote":1,"tweetType":1,"viewCount":347,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":881203383,"gmtCreate":1631337588943,"gmtModify":1631890658008,"author":{"id":"3581542297351770","authorId":"3581542297351770","name":"Sylee123","avatar":"https://static.tigerbbs.com/cdcc42e342e5b28b466e7456cf027928","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581542297351770","authorIdStr":"3581542297351770"},"themes":[],"htmlText":"[Smile]&nbsp;","listText":"[Smile]&nbsp;","text":"[Smile]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/881203383","repostId":"1127699574","repostType":4,"isVote":1,"tweetType":1,"viewCount":2218,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":826764219,"gmtCreate":1634056058274,"gmtModify":1634056058444,"author":{"id":"3581542297351770","authorId":"3581542297351770","name":"Sylee123","avatar":"https://static.tigerbbs.com/cdcc42e342e5b28b466e7456cf027928","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581542297351770","authorIdStr":"3581542297351770"},"themes":[],"htmlText":"Waiting patiently&nbsp;","listText":"Waiting patiently&nbsp;","text":"Waiting patiently","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/826764219","repostId":"1188785088","repostType":4,"repost":{"id":"1188785088","kind":"news","pubTimestamp":1634052465,"share":"https://www.laohu8.com/m/news/1188785088?lang=zh_CN&edition=full","pubTime":"2021-10-12 23:27","market":"us","language":"en","title":"Tesla Stock: The Path To $2,500 By 2030<blockquote>特斯拉股票：到2030年将达到2,500美元</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1188785088","media":"Seeking Alpha","summary":"Summary\n\nTesla experienced explosive gains last year.\nThis year, the stock has struggled, but the co","content":"<p><b>Summary</b></p><p><blockquote><b>总结</b></blockquote></p><p> <ul>  <li>Tesla experienced explosive gains last year.</li>  <li>This year, the stock has struggled, but the company is on the right track.</li>  <li>Better-than-anticipated production and deliveries data suggests the stock can push higher into year-end.</li>  <li>I suspect Tesla has more upside, and the stock could hit $2,500 in future years.</li> </ul> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/207deb1c8eb2af0f4c49abcb18226dd4\" tg-width=\"1536\" tg-height=\"1024\" width=\"100%\" height=\"auto\"><span>Spencer Platt/Getty Images News</span></p><p><blockquote><ul><li>特斯拉去年经历了爆炸性的增长。</li><li>今年，该股表现不佳，但该公司正走在正确的轨道上。</li><li>好于预期的生产和交付数据表明该股可能会在年底前走高。</li><li>我怀疑特斯拉还有更大的上涨空间，该股未来几年可能会触及2,500美元。</li></ul><p class=\"t-img-caption\"><span>斯宾塞·普拉特/盖蒂图片社新闻</span></p></blockquote></p><p> I've been a Tesla(NASDAQ:TSLA)bull for a long time now. It's hard to believe, but the first time I purchased Tesla's stock was eight years ago when the share price was around a split-adjusted $30. Now, roughly 2,500% higher, I am still long Tesla and I think there is more upside in this stock. Tesla remains the leader in the ultra-lucrative EV space. The company arguably has the best products, powered by the most advanced technologies.</p><p><blockquote>我长期以来一直看好特斯拉（纳斯达克：TSLA）。很难相信，我第一次购买特斯拉的股票是在八年前，当时股价约为分拆调整后的30美元。现在，大约上涨了2,500%，我仍然做多特斯拉，我认为这只股票还有更大的上涨空间。特斯拉仍然是利润丰厚的电动汽车领域的领导者。该公司可以说拥有最好的产品，由最先进的技术驱动。</blockquote></p><p> Additionally, Tesla has a unique set of competitive advantages that the company utilizes to stay ahead of its competition year after year. Tesla just put up stellar delivery and production numbers, will likely surpass analysts' expectations this quarter, and the company has enormous revenue and EPS growth potential as we advance. While we will not see Tesla shares gain another 2,500% from here any time soon, the stock can probably hit $1,000 by year-end or early next year. Moreover, Tesla shares could climb substantially higher over the next several years as well.</p><p><blockquote>此外，特斯拉拥有一系列独特的竞争优势，该公司利用这些优势年复一年地在竞争中保持领先地位。特斯拉刚刚公布了出色的交付和生产数据，本季度可能会超出分析师的预期，随着我们的发展，该公司拥有巨大的收入和每股收益增长潜力。虽然我们不会看到特斯拉股价很快再上涨2,500%，但到年底或明年初，该股可能会触及1,000美元。此外，特斯拉股价在未来几年也可能大幅攀升。</blockquote></p><p> <b>Technical Setup</b></p><p><blockquote><b>技术设置</b></blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/dabe94c8ac775d6a4113df03ad66ffdb\" tg-width=\"640\" tg-height=\"676\" width=\"100%\" height=\"auto\"><span>Source: Stockcharts.com</span></p><p><blockquote><p class=\"t-img-caption\"><span>资料来源：Stockcharts.com</span></p></blockquote></p><p> Tesla had a stellar run-up in 2020 and into year-end last year. Then the stock experienced a significant correction of around 40% down to the $550 level. After this giant pullback, Tesla shares came back for a successful retest of the $550 level. Since then, the stock has been in a steady, concise, upward channel. The current move higher should continue until the bullish trend breaks. However, the bullish trend is robust and could power Tesla shares to $1,000 by the end of this year. Moreover, the company has numerous favorable fundamental factors to go along with the constructive technical setup right now.</p><p><blockquote>特斯拉在2020年和去年年底取得了出色的增长。随后该股经历了约40%的大幅回调，跌至550美元的水平。在这次大幅回调之后，特斯拉股价卷土重来，成功重新测试550美元水平。此后，该股一直处于稳定、简洁的上升通道中。目前的上涨应该会持续到看涨趋势被打破。然而，看涨趋势强劲，可能会推动特斯拉股价在今年年底前升至1,000美元。此外，该公司目前拥有许多有利的基本面因素来配合建设性的技术设置。</blockquote></p><p> <b>Competitive Edge</b></p><p><blockquote><b>竞争优势</b></blockquote></p><p> Tesla continues to enjoy a multifaceted competitive advantage relative to its peers. Its approach to marketing, sales, software development, battery production, supercharging, design, development, and production provides Tesla with a significant edge relative to its competitors. Tesla designs and delivers everything from scratch, and the company remains ever focused on staying ahead of the curve innovation-wise in the EV space. However, most traditional automakers are still mainly focused on ICE vehicles and are still pivoting towards EVs. The bottom line is that the EV market is continuously gaining share over the conventional ICE market, and Tesla is the clear leader when it comes to EVs.</p><p><blockquote>相对于同行，特斯拉继续享有多方面的竞争优势。其营销、销售、软件开发、电池生产、增压、设计、开发和生产方法使特斯拉相对于竞争对手具有显着优势。特斯拉从头开始设计和交付一切，该公司始终专注于在电动汽车领域的创新方面保持领先地位。然而，大多数传统汽车制造商仍然主要专注于内燃机汽车，并且仍在转向电动汽车。最重要的是，电动汽车市场正在不断获得传统内燃机市场的份额，而特斯拉在电动汽车方面显然是领导者。</blockquote></p><p> <b>Global EV Market Share First Half of 2021</b></p><p><blockquote><b>2021年上半年全球电动汽车市场份额</b></blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/460efe2072a471a917fc24f40e742d6e\" tg-width=\"640\" tg-height=\"497\" width=\"100%\" height=\"auto\"><span>Source: statista.com</span></p><p><blockquote><p class=\"t-img-caption\"><span>资料来源：statista.com</span></p></blockquote></p><p> <b>Deliveries Surge</b></p><p><blockquote><b>交付量激增</b></blockquote></p><p> Tesla just announced another record deliveries quarter of&nbsp;241,300 vehiclesin Q3, a&nbsp;20% increase&nbsp;over the last quarter and a remarkable&nbsp;73% YoY surge. Tesla delivered a total of 9,275 Model S/X vehicles along with 232,025 mainstream Model 3/Y cars. Now, if we adjust for lease vehicles, we arrive at about 7,420 Model S/X vehicle sales and roughly 218,104 Model 3/Y vehicles sold in the third quarter.</p><p><blockquote>特斯拉刚刚宣布第三季度交付量再创新高，达到241,300辆，比上一季度增长20%，同比大幅增长73%。特斯拉总共交付了9,275辆Model S/X汽车以及232,025辆主流Model 3/Y汽车。现在，如果我们对租赁车辆进行调整，我们得出第三季度Model S/X汽车销量约为7,420辆，Model 3/Y汽车销量约为218,104辆。</blockquote></p><p> Last quarter (Q2 2021), Tesla sold (leases excluded) a total of about 187,163 vehicles for&nbsp;$9.874 billion. This sales image suggests that the average selling price (\"ASP\") across all vehicles was roughly $53K. Tesla sold approximately 1,550 Model S/X vehicles in Q2. Thus, if we approximate an ASP of $100,000 - $110,000 for Model S/X vehicle sales, we are left with about $52,000 for the Model 3/Y segment.</p><p><blockquote>上个季度（2021年第二季度），特斯拉总共售出（不包括租赁）约187,163辆汽车，价值98.74亿美元。这张销售图片表明，所有车辆的平均售价(“ASP”)约为5.3万美元。特斯拉在Q2销售了约1550辆Model S/X汽车。因此，如果我们估计Model S/X车辆销售的平均售价为100,000-110,000美元，那么Model 3/Y细分市场的平均售价约为52,000美元。</blockquote></p><p> Therefore, to get an approximate number for Tesla vehicle sales in Q3, we can use an ASP of $105,000 for the 7,420 Model S/X vehicles sold in the quarter, and we can use the $52,000 ASP for the 218,104 Model 3/Y cars delivered in Q3. This estimate gives us an approximate $800 million in Model S/X sales and $11.34 billion in Model 3/Y sales.</p><p><blockquote>因此，要获得第三季度特斯拉汽车销量的大致数字，我们可以对该季度售出的7,420辆Model S/X汽车使用105,000美元的ASP，对218,104辆Model 3/Y汽车使用52,000美元的ASP在第三季度交付。根据这一估计，Model S/X的销售额约为8亿美元，Model 3/Y的销售额约为113.4亿美元。</blockquote></p><p> <b>Q3 Earnings Outlook</b></p><p><blockquote><b>第三季度盈利展望</b></blockquote></p><p> <b>Analysts Estimates:</b></p><p><blockquote><b>分析师估计：</b></blockquote></p><p></p><p> Last quarter, Tesla delivered&nbsp;$1.45 in EPS, beating consensus analysts' forecasts by about $0.47 or 48%. The company announced revenues of $11.96 billion, beating estimates by $559.33 million simultaneously. Now for Q3, consensus estimates are for EPS of $1.47 and revenues of $13.49 billion. However, I think Tesla will beat these figures as well.</p><p><blockquote>上季度，特斯拉的每股收益为1.45美元，比分析师普遍预期高出约0.47美元，即48%。该公司宣布营收为119.6亿美元，同时超出预期5.5933亿美元。目前，第三季度的普遍预期是每股收益为1.47美元，营收为134.9亿美元。然而，我认为特斯拉也会超过这些数字。</blockquote></p><p> <b>My Estimates:</b></p><p><blockquote><b>我的估计：</b></blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/49202e7907ab71b56fdc7a9bd908431d\" tg-width=\"640\" tg-height=\"975\" width=\"100%\" height=\"auto\"><span>Source: Author's Material</span></p><p><blockquote><p class=\"t-img-caption\"><span>来源：作者材料</span></p></blockquote></p><p> Instead of the $13.49 billion revenues figure, I am looking for $14.74 billion in revenues, about a 9% increase over consensus expectations. Moreover, I think we can see about $1.85 in non-GAAP EPS out of Tesla in Q3, roughly 26% better than the current consensus figures imply. If Tesla makes good on its notably better-than-expected Q3 results, the stock will have a strong catalyst for a rally into year-end.</p><p><blockquote>我预计的收入不是134.9亿美元，而是147.4亿美元，比普遍预期增长约9%。此外，我认为我们可以看到特斯拉第三季度的非GAAP每股收益约为1.85美元，比当前共识数据高出约26%。如果特斯拉实现明显好于预期的第三季度业绩，该股将成为年底反弹的强大催化剂。</blockquote></p><p> <b>Bright Future Ahead for Tesla</b></p><p><blockquote><b>特斯拉前途光明</b></blockquote></p><p> Estimates are moving up for Tesla. There have been&nbsp;26 upward revisions&nbsp;relative to just one downward (FY2021) revision over the last 90 days. Still, estimates could continue to move higher.</p><p><blockquote>对特斯拉的估计正在上升。在过去90天内，有26次上调，而只有一次下调（2021财年）。尽管如此，预期可能会继续走高。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/bda469abb83b22a2a4505ae8d0373158\" tg-width=\"640\" tg-height=\"276\" width=\"100%\" height=\"auto\"><span>Source: seekingalpha.com</span></p><p><blockquote><p class=\"t-img-caption\"><span>资料来源：seekingalpha.com</span></p></blockquote></p><p> First, I want to draw your attention to the number of beats in recent quarters. Sure, Tesla's earnings remain somewhat volatile, but it's difficult to deny the better-than-anticipated earnings growth of late. Consensus estimates were for $3.61 in EPS for the last four quarters. Yet, the company's actual EPS numbers came in at $3.94, an average beat of around 9% over consensus estimates. We already see estimates that are substantial increases on a YoY basis, but I think that results can continue to come in stronger than anticipated (by about 10-20%) as we advance.</p><p><blockquote>首先，我想提请您注意最近几个季度的节拍数量。当然，特斯拉的盈利仍然有些波动，但很难否认最近好于预期的盈利增长。市场普遍预期过去四个季度的每股收益为3.61美元。然而，该公司的实际每股收益为3.94美元，平均比市场普遍预期高出9%左右。我们已经看到了同比大幅增长的估计，但我认为随着我们的进展，结果可能会继续强于预期（约10-20%）。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/8eb9918909984b4de589a4266c10f2a5\" tg-width=\"640\" tg-height=\"282\" width=\"100%\" height=\"auto\"><span>Source: seekingalpha.com</span></p><p><blockquote><p class=\"t-img-caption\"><span>资料来源：seekingalpha.com</span></p></blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/b3215da27370b6e97c23883ece163f6b\" tg-width=\"640\" tg-height=\"279\" width=\"100%\" height=\"auto\"><span>Source: seekingalpha.com</span></p><p><blockquote><p class=\"t-img-caption\"><span>资料来源：seekingalpha.com</span></p></blockquote></p><p> We see expectations for significant EPS and revenue gains in future years for Tesla. While the stock may seem relatively expensive right now, shares should become increasingly less costly as EPS surge in coming years.</p><p><blockquote>我们预计特斯拉未来几年的每股收益和收入将大幅增长。虽然该股目前看起来相对昂贵，但随着未来几年每股收益的飙升，该股的成本应该会越来越低。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/4392b7b8eeb3a6fc412f6cd79fe9e44e\" tg-width=\"640\" tg-height=\"330\" width=\"100%\" height=\"auto\"><span>Source: seekingalpha.com</span></p><p><blockquote><p class=\"t-img-caption\"><span>资料来源：seekingalpha.com</span></p></blockquote></p><p> Here is what Tesla's EPS, P/E ratio, and share price could look like in future years.</p><p><blockquote>以下是特斯拉未来几年的每股收益、市盈率和股价。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/b9e110af6b9747752c5a540bdb00c5a4\" tg-width=\"905\" tg-height=\"382\" width=\"100%\" height=\"auto\"><span>Source: Author's Material</span></p><p><blockquote><p class=\"t-img-caption\"><span>来源：作者材料</span></p></blockquote></p><p> <b>The Bottom Line</b></p><p><blockquote><b>底线</b></blockquote></p><p> Tesla's steady and robust EPS growth trend should continue, and I expect the company's share price could reach $2,500 or higher by the end of the decade. Now, some market participants could argue that these stock price projections are optimistic. However, I think that these projections may be relatively modest. First, the company could deliver higher EPS than I anticipate in future years, and second, Tesla's P/E ratio could remain elevated for longer.</p><p><blockquote>特斯拉稳定强劲的每股收益增长趋势应该会持续下去，我预计到本世纪末该公司的股价可能会达到2,500美元或更高。现在，一些市场参与者可能会认为这些股价预测是乐观的。然而，我认为这些预测可能相对温和。首先，该公司未来几年的每股收益可能会高于我的预期，其次，特斯拉的市盈率可能会在更长时间内保持较高水平。</blockquote></p><p> Due to Tesla's unique growth dynamic, the only company that can compare to Tesla is Amazon(NASDAQ:AMZN), in my view. Amazon's current valuation is what a more mature Tesla valuation could become. Incidentally, Amazon currently trades at about 58 times EPS, exactly where I have my 2029 Tesla P/E ratio pegged. Also, the projected stock price appreciation is only 220% from current levels, which is relatively modest if we consider the number of years.</p><p><blockquote>由于特斯拉独特的增长动力，在我看来，唯一可以与特斯拉相比的公司是亚马逊（纳斯达克：AMZN）。亚马逊目前的估值是更成熟的特斯拉估值可能达到的水平。顺便说一句，亚马逊目前的市盈率约为58倍，这正是我对2029年特斯拉市盈率的预期。此外，预计股价较当前水平仅上涨220%，如果考虑年数，这一涨幅相对较小。</blockquote></p><p> <b>Risks to Tesla's $2,500 Price Target</b></p><p><blockquote><b>特斯拉2,500美元目标价面临风险</b></blockquote></p><p> Of course, when you are talking about Tesla, there are risks to consider. While I estimate that the company can earn close to $50 per share by 2030, the company is very far from such figures right now. Therefore, there is the risk that Tesla will not illustrate the kind of earnings growth I envision. A slowdown in demand, increased competition, supply issues, decreased growth, and other variables are all risks we should consider before betting on Tesla to increase EPS nearly tenfold by 2030. Serious concerns could cause Tesla's valuation to lose altitude, and the company's share price could even head in reverse if any serious issues should arise. Therefore, I believe one should consider the risks carefully before committing any capital to a Tesla investment.</p><p><blockquote>当然，当你谈论特斯拉时，有风险需要考虑。虽然我估计到2030年该公司每股收益可接近50美元，但该公司目前距离这样的数字还很远。因此，特斯拉存在无法实现我所设想的盈利增长的风险。需求放缓、竞争加剧、供应问题、增长下降和其他变量都是我们在押注特斯拉到2030年每股收益增长近十倍之前应该考虑的风险。严重的担忧可能会导致特斯拉的估值下降，如果出现任何严重问题，该公司的股价甚至可能出现逆转。因此，我认为在投入任何资金进行特斯拉投资之前，应该仔细考虑风险。</blockquote></p><p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Tesla Stock: The Path To $2,500 By 2030<blockquote>特斯拉股票：到2030年将达到2,500美元</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 Stock: The Path To $2,500 By 2030<blockquote>特斯拉股票：到2030年将达到2,500美元</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Seeking Alpha</strong><span class=\"h-time small\">2021-10-12 23:27</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>Tesla experienced explosive gains last year.</li>  <li>This year, the stock has struggled, but the company is on the right track.</li>  <li>Better-than-anticipated production and deliveries data suggests the stock can push higher into year-end.</li>  <li>I suspect Tesla has more upside, and the stock could hit $2,500 in future years.</li> </ul> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/207deb1c8eb2af0f4c49abcb18226dd4\" tg-width=\"1536\" tg-height=\"1024\" width=\"100%\" height=\"auto\"><span>Spencer Platt/Getty Images News</span></p><p><blockquote><ul><li>特斯拉去年经历了爆炸性的增长。</li><li>今年，该股表现不佳，但该公司正走在正确的轨道上。</li><li>好于预期的生产和交付数据表明该股可能会在年底前走高。</li><li>我怀疑特斯拉还有更大的上涨空间，该股未来几年可能会触及2,500美元。</li></ul><p class=\"t-img-caption\"><span>斯宾塞·普拉特/盖蒂图片社新闻</span></p></blockquote></p><p> I've been a Tesla(NASDAQ:TSLA)bull for a long time now. It's hard to believe, but the first time I purchased Tesla's stock was eight years ago when the share price was around a split-adjusted $30. Now, roughly 2,500% higher, I am still long Tesla and I think there is more upside in this stock. Tesla remains the leader in the ultra-lucrative EV space. The company arguably has the best products, powered by the most advanced technologies.</p><p><blockquote>我长期以来一直看好特斯拉（纳斯达克：TSLA）。很难相信，我第一次购买特斯拉的股票是在八年前，当时股价约为分拆调整后的30美元。现在，大约上涨了2,500%，我仍然做多特斯拉，我认为这只股票还有更大的上涨空间。特斯拉仍然是利润丰厚的电动汽车领域的领导者。该公司可以说拥有最好的产品，由最先进的技术驱动。</blockquote></p><p> Additionally, Tesla has a unique set of competitive advantages that the company utilizes to stay ahead of its competition year after year. Tesla just put up stellar delivery and production numbers, will likely surpass analysts' expectations this quarter, and the company has enormous revenue and EPS growth potential as we advance. While we will not see Tesla shares gain another 2,500% from here any time soon, the stock can probably hit $1,000 by year-end or early next year. Moreover, Tesla shares could climb substantially higher over the next several years as well.</p><p><blockquote>此外，特斯拉拥有一系列独特的竞争优势，该公司利用这些优势年复一年地在竞争中保持领先地位。特斯拉刚刚公布了出色的交付和生产数据，本季度可能会超出分析师的预期，随着我们的发展，该公司拥有巨大的收入和每股收益增长潜力。虽然我们不会看到特斯拉股价很快再上涨2,500%，但到年底或明年初，该股可能会触及1,000美元。此外，特斯拉股价在未来几年也可能大幅攀升。</blockquote></p><p> <b>Technical Setup</b></p><p><blockquote><b>技术设置</b></blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/dabe94c8ac775d6a4113df03ad66ffdb\" tg-width=\"640\" tg-height=\"676\" width=\"100%\" height=\"auto\"><span>Source: Stockcharts.com</span></p><p><blockquote><p class=\"t-img-caption\"><span>资料来源：Stockcharts.com</span></p></blockquote></p><p> Tesla had a stellar run-up in 2020 and into year-end last year. Then the stock experienced a significant correction of around 40% down to the $550 level. After this giant pullback, Tesla shares came back for a successful retest of the $550 level. Since then, the stock has been in a steady, concise, upward channel. The current move higher should continue until the bullish trend breaks. However, the bullish trend is robust and could power Tesla shares to $1,000 by the end of this year. Moreover, the company has numerous favorable fundamental factors to go along with the constructive technical setup right now.</p><p><blockquote>特斯拉在2020年和去年年底取得了出色的增长。随后该股经历了约40%的大幅回调，跌至550美元的水平。在这次大幅回调之后，特斯拉股价卷土重来，成功重新测试550美元水平。此后，该股一直处于稳定、简洁的上升通道中。目前的上涨应该会持续到看涨趋势被打破。然而，看涨趋势强劲，可能会推动特斯拉股价在今年年底前升至1,000美元。此外，该公司目前拥有许多有利的基本面因素来配合建设性的技术设置。</blockquote></p><p> <b>Competitive Edge</b></p><p><blockquote><b>竞争优势</b></blockquote></p><p> Tesla continues to enjoy a multifaceted competitive advantage relative to its peers. Its approach to marketing, sales, software development, battery production, supercharging, design, development, and production provides Tesla with a significant edge relative to its competitors. Tesla designs and delivers everything from scratch, and the company remains ever focused on staying ahead of the curve innovation-wise in the EV space. However, most traditional automakers are still mainly focused on ICE vehicles and are still pivoting towards EVs. The bottom line is that the EV market is continuously gaining share over the conventional ICE market, and Tesla is the clear leader when it comes to EVs.</p><p><blockquote>相对于同行，特斯拉继续享有多方面的竞争优势。其营销、销售、软件开发、电池生产、增压、设计、开发和生产方法使特斯拉相对于竞争对手具有显着优势。特斯拉从头开始设计和交付一切，该公司始终专注于在电动汽车领域的创新方面保持领先地位。然而，大多数传统汽车制造商仍然主要专注于内燃机汽车，并且仍在转向电动汽车。最重要的是，电动汽车市场正在不断获得传统内燃机市场的份额，而特斯拉在电动汽车方面显然是领导者。</blockquote></p><p> <b>Global EV Market Share First Half of 2021</b></p><p><blockquote><b>2021年上半年全球电动汽车市场份额</b></blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/460efe2072a471a917fc24f40e742d6e\" tg-width=\"640\" tg-height=\"497\" width=\"100%\" height=\"auto\"><span>Source: statista.com</span></p><p><blockquote><p class=\"t-img-caption\"><span>资料来源：statista.com</span></p></blockquote></p><p> <b>Deliveries Surge</b></p><p><blockquote><b>交付量激增</b></blockquote></p><p> Tesla just announced another record deliveries quarter of&nbsp;241,300 vehiclesin Q3, a&nbsp;20% increase&nbsp;over the last quarter and a remarkable&nbsp;73% YoY surge. Tesla delivered a total of 9,275 Model S/X vehicles along with 232,025 mainstream Model 3/Y cars. Now, if we adjust for lease vehicles, we arrive at about 7,420 Model S/X vehicle sales and roughly 218,104 Model 3/Y vehicles sold in the third quarter.</p><p><blockquote>特斯拉刚刚宣布第三季度交付量再创新高，达到241,300辆，比上一季度增长20%，同比大幅增长73%。特斯拉总共交付了9,275辆Model S/X汽车以及232,025辆主流Model 3/Y汽车。现在，如果我们对租赁车辆进行调整，我们得出第三季度Model S/X汽车销量约为7,420辆，Model 3/Y汽车销量约为218,104辆。</blockquote></p><p> Last quarter (Q2 2021), Tesla sold (leases excluded) a total of about 187,163 vehicles for&nbsp;$9.874 billion. This sales image suggests that the average selling price (\"ASP\") across all vehicles was roughly $53K. Tesla sold approximately 1,550 Model S/X vehicles in Q2. Thus, if we approximate an ASP of $100,000 - $110,000 for Model S/X vehicle sales, we are left with about $52,000 for the Model 3/Y segment.</p><p><blockquote>上个季度（2021年第二季度），特斯拉总共售出（不包括租赁）约187,163辆汽车，价值98.74亿美元。这张销售图片表明，所有车辆的平均售价(“ASP”)约为5.3万美元。特斯拉在Q2销售了约1550辆Model S/X汽车。因此，如果我们估计Model S/X车辆销售的平均售价为100,000-110,000美元，那么Model 3/Y细分市场的平均售价约为52,000美元。</blockquote></p><p> Therefore, to get an approximate number for Tesla vehicle sales in Q3, we can use an ASP of $105,000 for the 7,420 Model S/X vehicles sold in the quarter, and we can use the $52,000 ASP for the 218,104 Model 3/Y cars delivered in Q3. This estimate gives us an approximate $800 million in Model S/X sales and $11.34 billion in Model 3/Y sales.</p><p><blockquote>因此，要获得第三季度特斯拉汽车销量的大致数字，我们可以对该季度售出的7,420辆Model S/X汽车使用105,000美元的ASP，对218,104辆Model 3/Y汽车使用52,000美元的ASP在第三季度交付。根据这一估计，Model S/X的销售额约为8亿美元，Model 3/Y的销售额约为113.4亿美元。</blockquote></p><p> <b>Q3 Earnings Outlook</b></p><p><blockquote><b>第三季度盈利展望</b></blockquote></p><p> <b>Analysts Estimates:</b></p><p><blockquote><b>分析师估计：</b></blockquote></p><p></p><p> Last quarter, Tesla delivered&nbsp;$1.45 in EPS, beating consensus analysts' forecasts by about $0.47 or 48%. The company announced revenues of $11.96 billion, beating estimates by $559.33 million simultaneously. Now for Q3, consensus estimates are for EPS of $1.47 and revenues of $13.49 billion. However, I think Tesla will beat these figures as well.</p><p><blockquote>上季度，特斯拉的每股收益为1.45美元，比分析师普遍预期高出约0.47美元，即48%。该公司宣布营收为119.6亿美元，同时超出预期5.5933亿美元。目前，第三季度的普遍预期是每股收益为1.47美元，营收为134.9亿美元。然而，我认为特斯拉也会超过这些数字。</blockquote></p><p> <b>My Estimates:</b></p><p><blockquote><b>我的估计：</b></blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/49202e7907ab71b56fdc7a9bd908431d\" tg-width=\"640\" tg-height=\"975\" width=\"100%\" height=\"auto\"><span>Source: Author's Material</span></p><p><blockquote><p class=\"t-img-caption\"><span>来源：作者材料</span></p></blockquote></p><p> Instead of the $13.49 billion revenues figure, I am looking for $14.74 billion in revenues, about a 9% increase over consensus expectations. Moreover, I think we can see about $1.85 in non-GAAP EPS out of Tesla in Q3, roughly 26% better than the current consensus figures imply. If Tesla makes good on its notably better-than-expected Q3 results, the stock will have a strong catalyst for a rally into year-end.</p><p><blockquote>我预计的收入不是134.9亿美元，而是147.4亿美元，比普遍预期增长约9%。此外，我认为我们可以看到特斯拉第三季度的非GAAP每股收益约为1.85美元，比当前共识数据高出约26%。如果特斯拉实现明显好于预期的第三季度业绩，该股将成为年底反弹的强大催化剂。</blockquote></p><p> <b>Bright Future Ahead for Tesla</b></p><p><blockquote><b>特斯拉前途光明</b></blockquote></p><p> Estimates are moving up for Tesla. There have been&nbsp;26 upward revisions&nbsp;relative to just one downward (FY2021) revision over the last 90 days. Still, estimates could continue to move higher.</p><p><blockquote>对特斯拉的估计正在上升。在过去90天内，有26次上调，而只有一次下调（2021财年）。尽管如此，预期可能会继续走高。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/bda469abb83b22a2a4505ae8d0373158\" tg-width=\"640\" tg-height=\"276\" width=\"100%\" height=\"auto\"><span>Source: seekingalpha.com</span></p><p><blockquote><p class=\"t-img-caption\"><span>资料来源：seekingalpha.com</span></p></blockquote></p><p> First, I want to draw your attention to the number of beats in recent quarters. Sure, Tesla's earnings remain somewhat volatile, but it's difficult to deny the better-than-anticipated earnings growth of late. Consensus estimates were for $3.61 in EPS for the last four quarters. Yet, the company's actual EPS numbers came in at $3.94, an average beat of around 9% over consensus estimates. We already see estimates that are substantial increases on a YoY basis, but I think that results can continue to come in stronger than anticipated (by about 10-20%) as we advance.</p><p><blockquote>首先，我想提请您注意最近几个季度的节拍数量。当然，特斯拉的盈利仍然有些波动，但很难否认最近好于预期的盈利增长。市场普遍预期过去四个季度的每股收益为3.61美元。然而，该公司的实际每股收益为3.94美元，平均比市场普遍预期高出9%左右。我们已经看到了同比大幅增长的估计，但我认为随着我们的进展，结果可能会继续强于预期（约10-20%）。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/8eb9918909984b4de589a4266c10f2a5\" tg-width=\"640\" tg-height=\"282\" width=\"100%\" height=\"auto\"><span>Source: seekingalpha.com</span></p><p><blockquote><p class=\"t-img-caption\"><span>资料来源：seekingalpha.com</span></p></blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/b3215da27370b6e97c23883ece163f6b\" tg-width=\"640\" tg-height=\"279\" width=\"100%\" height=\"auto\"><span>Source: seekingalpha.com</span></p><p><blockquote><p class=\"t-img-caption\"><span>资料来源：seekingalpha.com</span></p></blockquote></p><p> We see expectations for significant EPS and revenue gains in future years for Tesla. While the stock may seem relatively expensive right now, shares should become increasingly less costly as EPS surge in coming years.</p><p><blockquote>我们预计特斯拉未来几年的每股收益和收入将大幅增长。虽然该股目前看起来相对昂贵，但随着未来几年每股收益的飙升，该股的成本应该会越来越低。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/4392b7b8eeb3a6fc412f6cd79fe9e44e\" tg-width=\"640\" tg-height=\"330\" width=\"100%\" height=\"auto\"><span>Source: seekingalpha.com</span></p><p><blockquote><p class=\"t-img-caption\"><span>资料来源：seekingalpha.com</span></p></blockquote></p><p> Here is what Tesla's EPS, P/E ratio, and share price could look like in future years.</p><p><blockquote>以下是特斯拉未来几年的每股收益、市盈率和股价。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/b9e110af6b9747752c5a540bdb00c5a4\" tg-width=\"905\" tg-height=\"382\" width=\"100%\" height=\"auto\"><span>Source: Author's Material</span></p><p><blockquote><p class=\"t-img-caption\"><span>来源：作者材料</span></p></blockquote></p><p> <b>The Bottom Line</b></p><p><blockquote><b>底线</b></blockquote></p><p> Tesla's steady and robust EPS growth trend should continue, and I expect the company's share price could reach $2,500 or higher by the end of the decade. Now, some market participants could argue that these stock price projections are optimistic. However, I think that these projections may be relatively modest. First, the company could deliver higher EPS than I anticipate in future years, and second, Tesla's P/E ratio could remain elevated for longer.</p><p><blockquote>特斯拉稳定强劲的每股收益增长趋势应该会持续下去，我预计到本世纪末该公司的股价可能会达到2,500美元或更高。现在，一些市场参与者可能会认为这些股价预测是乐观的。然而，我认为这些预测可能相对温和。首先，该公司未来几年的每股收益可能会高于我的预期，其次，特斯拉的市盈率可能会在更长时间内保持较高水平。</blockquote></p><p> Due to Tesla's unique growth dynamic, the only company that can compare to Tesla is Amazon(NASDAQ:AMZN), in my view. Amazon's current valuation is what a more mature Tesla valuation could become. Incidentally, Amazon currently trades at about 58 times EPS, exactly where I have my 2029 Tesla P/E ratio pegged. Also, the projected stock price appreciation is only 220% from current levels, which is relatively modest if we consider the number of years.</p><p><blockquote>由于特斯拉独特的增长动力，在我看来，唯一可以与特斯拉相比的公司是亚马逊（纳斯达克：AMZN）。亚马逊目前的估值是更成熟的特斯拉估值可能达到的水平。顺便说一句，亚马逊目前的市盈率约为58倍，这正是我对2029年特斯拉市盈率的预期。此外，预计股价较当前水平仅上涨220%，如果考虑年数，这一涨幅相对较小。</blockquote></p><p> <b>Risks to Tesla's $2,500 Price Target</b></p><p><blockquote><b>特斯拉2,500美元目标价面临风险</b></blockquote></p><p> Of course, when you are talking about Tesla, there are risks to consider. While I estimate that the company can earn close to $50 per share by 2030, the company is very far from such figures right now. Therefore, there is the risk that Tesla will not illustrate the kind of earnings growth I envision. A slowdown in demand, increased competition, supply issues, decreased growth, and other variables are all risks we should consider before betting on Tesla to increase EPS nearly tenfold by 2030. Serious concerns could cause Tesla's valuation to lose altitude, and the company's share price could even head in reverse if any serious issues should arise. Therefore, I believe one should consider the risks carefully before committing any capital to a Tesla investment.</p><p><blockquote>当然，当你谈论特斯拉时，有风险需要考虑。虽然我估计到2030年该公司每股收益可接近50美元，但该公司目前距离这样的数字还很远。因此，特斯拉存在无法实现我所设想的盈利增长的风险。需求放缓、竞争加剧、供应问题、增长下降和其他变量都是我们在押注特斯拉到2030年每股收益增长近十倍之前应该考虑的风险。严重的担忧可能会导致特斯拉的估值下降，如果出现任何严重问题，该公司的股价甚至可能出现逆转。因此，我认为在投入任何资金进行特斯拉投资之前，应该仔细考虑风险。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://seekingalpha.com/article/4459378-tesla-path-to-2500-by-2030\">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":{"TSLA":"特斯拉"},"source_url":"https://seekingalpha.com/article/4459378-tesla-path-to-2500-by-2030","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1188785088","content_text":"Summary\n\nTesla experienced explosive gains last year.\nThis year, the stock has struggled, but the company is on the right track.\nBetter-than-anticipated production and deliveries data suggests the stock can push higher into year-end.\nI suspect Tesla has more upside, and the stock could hit $2,500 in future years.\n\nSpencer Platt/Getty Images News\nI've been a Tesla(NASDAQ:TSLA)bull for a long time now. It's hard to believe, but the first time I purchased Tesla's stock was eight years ago when the share price was around a split-adjusted $30. Now, roughly 2,500% higher, I am still long Tesla and I think there is more upside in this stock. Tesla remains the leader in the ultra-lucrative EV space. The company arguably has the best products, powered by the most advanced technologies.\nAdditionally, Tesla has a unique set of competitive advantages that the company utilizes to stay ahead of its competition year after year. Tesla just put up stellar delivery and production numbers, will likely surpass analysts' expectations this quarter, and the company has enormous revenue and EPS growth potential as we advance. While we will not see Tesla shares gain another 2,500% from here any time soon, the stock can probably hit $1,000 by year-end or early next year. Moreover, Tesla shares could climb substantially higher over the next several years as well.\nTechnical Setup\nSource: Stockcharts.com\nTesla had a stellar run-up in 2020 and into year-end last year. Then the stock experienced a significant correction of around 40% down to the $550 level. After this giant pullback, Tesla shares came back for a successful retest of the $550 level. Since then, the stock has been in a steady, concise, upward channel. The current move higher should continue until the bullish trend breaks. However, the bullish trend is robust and could power Tesla shares to $1,000 by the end of this year. Moreover, the company has numerous favorable fundamental factors to go along with the constructive technical setup right now.\nCompetitive Edge\nTesla continues to enjoy a multifaceted competitive advantage relative to its peers. Its approach to marketing, sales, software development, battery production, supercharging, design, development, and production provides Tesla with a significant edge relative to its competitors. Tesla designs and delivers everything from scratch, and the company remains ever focused on staying ahead of the curve innovation-wise in the EV space. However, most traditional automakers are still mainly focused on ICE vehicles and are still pivoting towards EVs. The bottom line is that the EV market is continuously gaining share over the conventional ICE market, and Tesla is the clear leader when it comes to EVs.\nGlobal EV Market Share First Half of 2021\nSource: statista.com\nDeliveries Surge\nTesla just announced another record deliveries quarter of 241,300 vehiclesin Q3, a 20% increase over the last quarter and a remarkable 73% YoY surge. Tesla delivered a total of 9,275 Model S/X vehicles along with 232,025 mainstream Model 3/Y cars. Now, if we adjust for lease vehicles, we arrive at about 7,420 Model S/X vehicle sales and roughly 218,104 Model 3/Y vehicles sold in the third quarter.\nLast quarter (Q2 2021), Tesla sold (leases excluded) a total of about 187,163 vehicles for $9.874 billion. This sales image suggests that the average selling price (\"ASP\") across all vehicles was roughly $53K. Tesla sold approximately 1,550 Model S/X vehicles in Q2. Thus, if we approximate an ASP of $100,000 - $110,000 for Model S/X vehicle sales, we are left with about $52,000 for the Model 3/Y segment.\nTherefore, to get an approximate number for Tesla vehicle sales in Q3, we can use an ASP of $105,000 for the 7,420 Model S/X vehicles sold in the quarter, and we can use the $52,000 ASP for the 218,104 Model 3/Y cars delivered in Q3. This estimate gives us an approximate $800 million in Model S/X sales and $11.34 billion in Model 3/Y sales.\nQ3 Earnings Outlook\nAnalysts Estimates:\nLast quarter, Tesla delivered $1.45 in EPS, beating consensus analysts' forecasts by about $0.47 or 48%. The company announced revenues of $11.96 billion, beating estimates by $559.33 million simultaneously. Now for Q3, consensus estimates are for EPS of $1.47 and revenues of $13.49 billion. However, I think Tesla will beat these figures as well.\nMy Estimates:\nSource: Author's Material\nInstead of the $13.49 billion revenues figure, I am looking for $14.74 billion in revenues, about a 9% increase over consensus expectations. Moreover, I think we can see about $1.85 in non-GAAP EPS out of Tesla in Q3, roughly 26% better than the current consensus figures imply. If Tesla makes good on its notably better-than-expected Q3 results, the stock will have a strong catalyst for a rally into year-end.\nBright Future Ahead for Tesla\nEstimates are moving up for Tesla. There have been 26 upward revisions relative to just one downward (FY2021) revision over the last 90 days. Still, estimates could continue to move higher.\nSource: seekingalpha.com\nFirst, I want to draw your attention to the number of beats in recent quarters. Sure, Tesla's earnings remain somewhat volatile, but it's difficult to deny the better-than-anticipated earnings growth of late. Consensus estimates were for $3.61 in EPS for the last four quarters. Yet, the company's actual EPS numbers came in at $3.94, an average beat of around 9% over consensus estimates. We already see estimates that are substantial increases on a YoY basis, but I think that results can continue to come in stronger than anticipated (by about 10-20%) as we advance.\nSource: seekingalpha.com\nSource: seekingalpha.com\nWe see expectations for significant EPS and revenue gains in future years for Tesla. While the stock may seem relatively expensive right now, shares should become increasingly less costly as EPS surge in coming years.\nSource: seekingalpha.com\nHere is what Tesla's EPS, P/E ratio, and share price could look like in future years.\nSource: Author's Material\nThe Bottom Line\nTesla's steady and robust EPS growth trend should continue, and I expect the company's share price could reach $2,500 or higher by the end of the decade. Now, some market participants could argue that these stock price projections are optimistic. However, I think that these projections may be relatively modest. First, the company could deliver higher EPS than I anticipate in future years, and second, Tesla's P/E ratio could remain elevated for longer.\nDue to Tesla's unique growth dynamic, the only company that can compare to Tesla is Amazon(NASDAQ:AMZN), in my view. Amazon's current valuation is what a more mature Tesla valuation could become. Incidentally, Amazon currently trades at about 58 times EPS, exactly where I have my 2029 Tesla P/E ratio pegged. Also, the projected stock price appreciation is only 220% from current levels, which is relatively modest if we consider the number of years.\nRisks to Tesla's $2,500 Price Target\nOf course, when you are talking about Tesla, there are risks to consider. While I estimate that the company can earn close to $50 per share by 2030, the company is very far from such figures right now. Therefore, there is the risk that Tesla will not illustrate the kind of earnings growth I envision. A slowdown in demand, increased competition, supply issues, decreased growth, and other variables are all risks we should consider before betting on Tesla to increase EPS nearly tenfold by 2030. Serious concerns could cause Tesla's valuation to lose altitude, and the company's share price could even head in reverse if any serious issues should arise. Therefore, I believe one should consider the risks carefully before committing any capital to a Tesla investment.","news_type":1,"symbols_score_info":{"TSLA":0.9}},"isVote":1,"tweetType":1,"viewCount":1484,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":888976700,"gmtCreate":1631428000100,"gmtModify":1631890658011,"author":{"id":"3581542297351770","authorId":"3581542297351770","name":"Sylee123","avatar":"https://static.tigerbbs.com/cdcc42e342e5b28b466e7456cf027928","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581542297351770","authorIdStr":"3581542297351770"},"themes":[],"htmlText":"[Smile]&nbsp;","listText":"[Smile]&nbsp;","text":"[Smile]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/888976700","repostId":"1189654544","repostType":4,"repost":{"id":"1189654544","kind":"news","pubTimestamp":1631406130,"share":"https://www.laohu8.com/m/news/1189654544?lang=zh_CN&edition=full","pubTime":"2021-09-12 08:22","market":"us","language":"en","title":"US IPO Week Ahead: The Fall IPO market kicks off with a 10 IPO week<blockquote>美国IPO周：秋季IPO市场以10周IPO拉开帷幕</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1189654544","media":"Renaissance Capital","summary":"After a wave of launches in the short holiday week, 10 IPOs are scheduled to raise over $3 billion i","content":"<p>After a wave of launches in the short holiday week, 10 IPOs are scheduled to raise over $3 billion in the week ahead.</p><p><blockquote>在短暂的假期周经历了一波发行之后，未来一周将有10起IPO计划筹集超过30亿美元的资金。</blockquote></p><p> Tech consultancy&nbsp;<b>Thoughtworks</b>(TWKS) plans to raise $700 million at a $6.3 billion market cap. This agile software developer provides premium, end-to-end digital strategy, design, and engineering services to more than 300 enterprise customers. The company grew revenue at a 14% CAGR from 2017 to 2020, and expanded margins in 2020 and the 1H21.</p><p><blockquote>技术咨询<b>Thoughtworks</b>(TWKS)计划以63亿美元的市值筹集7亿美元。这家敏捷软件开发商为300多家企业客户提供优质的端到端数字战略、设计和工程服务。从2017年到2020年，该公司的收入复合年增长率为14%，并在2020年和2021年上半年扩大了利润率。</blockquote></p><p> Swiss running shoe brand&nbsp;<b>On Holding</b>(ONON) plans to raise $591 million at a $5.9 billion market cap. On is a global provider of premium athletic footwear, apparel, and accessories that are designed using sustainable materials and its proprietary technology. The company has demonstrated growth and profitability, though it faces significant competition from other well-known sportswear brands.</p><p><blockquote>瑞士跑鞋品牌<b>持有时</b>(ONON)计划以59亿美元的市值筹集5.91亿美元。On是一家全球优质运动鞋、服装和配饰供应商，采用可持续材料及其专有技术设计。尽管面临来自其他知名运动服装品牌的激烈竞争，但该公司已展现出增长和盈利能力。</blockquote></p><p> After ending talks to go public via SPAC,<b>Sportradar Group</b>(SRAD) plans to raise $504 million at a $7.9 billion market cap. Covering over 750,000 events annually across 83 sports, this Swiss company provides software, data, and content to sports leagues, betting operators, and media companies. Sportradar is profitable, and growth accelerated in the 1H21 as live sports resumed.</p><p><blockquote>在结束通过SPAC上市的谈判后，<b>Sportradar集团</b>(SRAD)计划以79亿美元的市值筹集5.04亿美元。这家瑞士公司每年报道83项运动的750,000多场赛事，为体育联盟、博彩运营商和媒体公司提供软件、数据和内容。Sportradar已实现盈利，随着体育直播的恢复，2021年上半年增长加速。</blockquote></p><p> Drive-thru coffee chain&nbsp;<b>Dutch Bros</b>(BROS) plans to raise $400 million at a $3.3 billion market cap. This Oregon-based company has a chain of 471 drive-thru coffee shops in the Western US, and it has been able to maintain a track record of same-store sales growth as it has expanded to new states. Insiders received pre-IPO dividends and will sell shares back to the company.</p><p><blockquote>得来速咖啡连锁店<b>荷兰兄弟</b>(BROS)计划以33亿美元的市值筹集4亿美元。这家总部位于俄勒冈州的公司在美国西部拥有471家得来速咖啡店连锁店，随着业务扩展到新州，它一直能够保持同店销售增长的记录。内部人士收到了IPO前的股息，并将把股票卖回给公司。</blockquote></p><p> Healthcare intelligence platform&nbsp;<b>Definitive Healthcare</b>(DH) plans to raise $350 million at a $3.3 billion market cap. This company provides a healthcare commercial intelligence and analytics platform, helping its customers to analyze, navigate, and sell into the complex healthcare ecosystem. Unprofitable with strong growth, Definitive Healthcare will be leveraged post-IPO.</p><p><blockquote>医疗智能平台<b>权威医疗保健</b>(DH)计划以33亿美元的市值筹集3.5亿美元。该公司提供医疗保健商业智能和分析平台，帮助其客户分析、导航和销售复杂的医疗保健生态系统。由于增长强劲，Definitive Healthcare尚未盈利，但将在IPO后进行杠杆化。</blockquote></p><p> Identity management platform&nbsp;<b>ForgeRock</b>(FORG) plans to raise $248 million at a $2.1 billion market cap. The company provides identity and access management software, with a platform to provision, authenticate, and govern all types of digital identities. Unprofitable with high sales and marketing expenses, ForgeRock is a leading next-gen provider in the multi-billion-dollar identity and access market.</p><p><blockquote>身份管理平台<b>ForgeRock</b>(FORG)计划以21亿美元的市值筹集2.48亿美元。该公司提供身份和访问管理软件，以及一个提供、认证和管理所有类型数字身份的平台。由于销售和营销费用高昂，ForgeRock无利可图，是价值数十亿美元的身份和访问市场中领先的下一代提供商。</blockquote></p><p> Immunology biotech&nbsp;<b>DICE Therapeutics</b>(DICE) plans to raise $160 million at a $550 million market cap. This biotech is developing oral small molecule therapies to treat chronic diseases in immunology and other therapeutic areas. DICE plans to initiate a Phase 1 trial of its lead candidate S011806, an oral antagonist with a variety of immunology indications.</p><p><blockquote>免疫学生物技术<b>骰子疗法</b>(DICE)计划以5.5亿美元的市值筹集1.6亿美元。这家生物技术公司正在开发口服小分子疗法，以治疗免疫学和其他治疗领域的慢性疾病。DICE计划启动其主要候选药物S011806的1期试验，这是一种具有多种免疫学适应症的口服拮抗剂。</blockquote></p><p> Surgical robotics developer&nbsp;<b>PROCEPT BioRobotics</b>(PRCT) plans to raise $127 million at a $1.1 billion market cap. This commercial-stage company develops surgical robotic systems for minimally-invasive urologic surgery with an initial focus on treating benign prostatic hyperplasia. PROCEPT BioRobotics is highly unprofitable and saw revenue increase more than sixfold in the 1H21.</p><p><blockquote>手术机器人开发商<b>PROCEPT生物机器人</b>(PRCT)计划以11亿美元的市值筹集1.27亿美元。这家商业阶段的公司开发用于微创泌尿外科手术的手术机器人系统，最初的重点是治疗良性前列腺增生。PROCEPT BioRobotics非常无利可图，2021年上半年收入增长了六倍多。</blockquote></p><p> Oncology biotech&nbsp;<b>Tyra Biosciences</b>(TYRA) plans to raise $101 million at a $584 million market cap. This preclinical biotech is developing FGFR kinase inhibitors for cancer, specifically solid tumors. Tyra’s lead candidate is initially focused on bladder cancer, and the company expects to submit an IND for it in mid-2022.</p><p><blockquote>肿瘤生物技术<b>泰拉生物科学公司</b>(TYRA)计划以5.84亿美元的市值筹集1.01亿美元。这家临床前生物技术公司正在开发用于癌症，特别是实体瘤的FGFR激酶抑制剂。Tyra的主要候选药物最初专注于膀胱癌，该公司预计将于2022年中期提交IND。</blockquote></p><p> Micro-cap gas delivery service&nbsp;<b>EzFill Holdings</b>(EZFL) plans to raise $25 million at a $104 million market cap. This mobile-fueling company provides an on-demand fuel delivery service in Florida via mobile app. Highly unprofitable with explosive growth, EzFill states that it is the dominant player in the South Florida market.</p><p><blockquote>微帽气体输送服务<b>埃兹菲尔控股</b>(EZFL)计划以1.04亿美元的市值筹集2500万美元。这家移动加油公司通过移动应用程序在佛罗里达州提供按需加油服务。由于爆炸性增长，EzFill表示，它是南佛罗里达州市场的主导者。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/718698ff98644c4026f32efe91d076c6\" tg-width=\"1128\" tg-height=\"684\" referrerpolicy=\"no-referrer\"><img src=\"https://static.tigerbbs.com/97fe13300d9e4cf61effc59b9706776a\" tg-width=\"1129\" tg-height=\"247\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p> <b>IPO Market Snapshot</b></p><p><blockquote><b>IPO市场快照</b></blockquote></p><p> The Renaissance IPO Indices are market cap weighted baskets of newly public companies. As of 9/9/21, the Renaissance IPO Index was up 7.7% year-to-date, while the S&amp;P 500 was up 19.6%. Renaissance Capital's IPO ETF (NYSE: IPO) tracks the index, and top ETF holdings include Snowflake (SNOW) and Palantir Technologies (PLTR). The Renaissance International IPO Index was down 11.0% year-to-date, while the ACWX was up 10.0%. Renaissance Capital’s International IPO ETF (NYSE: IPOS) tracks the index, and top ETF holdings include Smoore International and EQT Partners.</p><p><blockquote>文艺复兴IPO指数是新上市公司的市值加权篮子。截至9/9/21，文艺复兴IPO指数今年迄今上涨了7.7%，而标普500上涨了19.6%。Renaissance Capital的IPO ETF（纽约证券交易所股票代码：IPO）跟踪该指数，持有的顶级ETF包括Snowflake（SNOW）和Palantir Technologies（PLTR）。Renaissance International IPO指数今年迄今下跌11.0%，而ACWX指数上涨10.0%。Renaissance Capital的国际IPO ETF（纽约证券交易所股票代码：IPOS）跟踪该指数，持有的顶级ETF包括思摩尔国际和殷拓合伙人。</blockquote></p><p></p>","source":"lsy1603787993745","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>US IPO Week Ahead: The Fall IPO market kicks off with a 10 IPO week<blockquote>美国IPO周：秋季IPO市场以10周IPO拉开帷幕</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\">\nUS IPO Week Ahead: The Fall IPO market kicks off with a 10 IPO week<blockquote>美国IPO周：秋季IPO市场以10周IPO拉开帷幕</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Renaissance Capital</strong><span class=\"h-time small\">2021-09-12 08:22</span>\n</p>\n</h4>\n</header>\n<article>\n<p>After a wave of launches in the short holiday week, 10 IPOs are scheduled to raise over $3 billion in the week ahead.</p><p><blockquote>在短暂的假期周经历了一波发行之后，未来一周将有10起IPO计划筹集超过30亿美元的资金。</blockquote></p><p> Tech consultancy&nbsp;<b>Thoughtworks</b>(TWKS) plans to raise $700 million at a $6.3 billion market cap. This agile software developer provides premium, end-to-end digital strategy, design, and engineering services to more than 300 enterprise customers. The company grew revenue at a 14% CAGR from 2017 to 2020, and expanded margins in 2020 and the 1H21.</p><p><blockquote>技术咨询<b>Thoughtworks</b>(TWKS)计划以63亿美元的市值筹集7亿美元。这家敏捷软件开发商为300多家企业客户提供优质的端到端数字战略、设计和工程服务。从2017年到2020年，该公司的收入复合年增长率为14%，并在2020年和2021年上半年扩大了利润率。</blockquote></p><p> Swiss running shoe brand&nbsp;<b>On Holding</b>(ONON) plans to raise $591 million at a $5.9 billion market cap. On is a global provider of premium athletic footwear, apparel, and accessories that are designed using sustainable materials and its proprietary technology. The company has demonstrated growth and profitability, though it faces significant competition from other well-known sportswear brands.</p><p><blockquote>瑞士跑鞋品牌<b>持有时</b>(ONON)计划以59亿美元的市值筹集5.91亿美元。On是一家全球优质运动鞋、服装和配饰供应商，采用可持续材料及其专有技术设计。尽管面临来自其他知名运动服装品牌的激烈竞争，但该公司已展现出增长和盈利能力。</blockquote></p><p> After ending talks to go public via SPAC,<b>Sportradar Group</b>(SRAD) plans to raise $504 million at a $7.9 billion market cap. Covering over 750,000 events annually across 83 sports, this Swiss company provides software, data, and content to sports leagues, betting operators, and media companies. Sportradar is profitable, and growth accelerated in the 1H21 as live sports resumed.</p><p><blockquote>在结束通过SPAC上市的谈判后，<b>Sportradar集团</b>(SRAD)计划以79亿美元的市值筹集5.04亿美元。这家瑞士公司每年报道83项运动的750,000多场赛事，为体育联盟、博彩运营商和媒体公司提供软件、数据和内容。Sportradar已实现盈利，随着体育直播的恢复，2021年上半年增长加速。</blockquote></p><p> Drive-thru coffee chain&nbsp;<b>Dutch Bros</b>(BROS) plans to raise $400 million at a $3.3 billion market cap. This Oregon-based company has a chain of 471 drive-thru coffee shops in the Western US, and it has been able to maintain a track record of same-store sales growth as it has expanded to new states. Insiders received pre-IPO dividends and will sell shares back to the company.</p><p><blockquote>得来速咖啡连锁店<b>荷兰兄弟</b>(BROS)计划以33亿美元的市值筹集4亿美元。这家总部位于俄勒冈州的公司在美国西部拥有471家得来速咖啡店连锁店，随着业务扩展到新州，它一直能够保持同店销售增长的记录。内部人士收到了IPO前的股息，并将把股票卖回给公司。</blockquote></p><p> Healthcare intelligence platform&nbsp;<b>Definitive Healthcare</b>(DH) plans to raise $350 million at a $3.3 billion market cap. This company provides a healthcare commercial intelligence and analytics platform, helping its customers to analyze, navigate, and sell into the complex healthcare ecosystem. Unprofitable with strong growth, Definitive Healthcare will be leveraged post-IPO.</p><p><blockquote>医疗智能平台<b>权威医疗保健</b>(DH)计划以33亿美元的市值筹集3.5亿美元。该公司提供医疗保健商业智能和分析平台，帮助其客户分析、导航和销售复杂的医疗保健生态系统。由于增长强劲，Definitive Healthcare尚未盈利，但将在IPO后进行杠杆化。</blockquote></p><p> Identity management platform&nbsp;<b>ForgeRock</b>(FORG) plans to raise $248 million at a $2.1 billion market cap. The company provides identity and access management software, with a platform to provision, authenticate, and govern all types of digital identities. Unprofitable with high sales and marketing expenses, ForgeRock is a leading next-gen provider in the multi-billion-dollar identity and access market.</p><p><blockquote>身份管理平台<b>ForgeRock</b>(FORG)计划以21亿美元的市值筹集2.48亿美元。该公司提供身份和访问管理软件，以及一个提供、认证和管理所有类型数字身份的平台。由于销售和营销费用高昂，ForgeRock无利可图，是价值数十亿美元的身份和访问市场中领先的下一代提供商。</blockquote></p><p> Immunology biotech&nbsp;<b>DICE Therapeutics</b>(DICE) plans to raise $160 million at a $550 million market cap. This biotech is developing oral small molecule therapies to treat chronic diseases in immunology and other therapeutic areas. DICE plans to initiate a Phase 1 trial of its lead candidate S011806, an oral antagonist with a variety of immunology indications.</p><p><blockquote>免疫学生物技术<b>骰子疗法</b>(DICE)计划以5.5亿美元的市值筹集1.6亿美元。这家生物技术公司正在开发口服小分子疗法，以治疗免疫学和其他治疗领域的慢性疾病。DICE计划启动其主要候选药物S011806的1期试验，这是一种具有多种免疫学适应症的口服拮抗剂。</blockquote></p><p> Surgical robotics developer&nbsp;<b>PROCEPT BioRobotics</b>(PRCT) plans to raise $127 million at a $1.1 billion market cap. This commercial-stage company develops surgical robotic systems for minimally-invasive urologic surgery with an initial focus on treating benign prostatic hyperplasia. PROCEPT BioRobotics is highly unprofitable and saw revenue increase more than sixfold in the 1H21.</p><p><blockquote>手术机器人开发商<b>PROCEPT生物机器人</b>(PRCT)计划以11亿美元的市值筹集1.27亿美元。这家商业阶段的公司开发用于微创泌尿外科手术的手术机器人系统，最初的重点是治疗良性前列腺增生。PROCEPT BioRobotics非常无利可图，2021年上半年收入增长了六倍多。</blockquote></p><p> Oncology biotech&nbsp;<b>Tyra Biosciences</b>(TYRA) plans to raise $101 million at a $584 million market cap. This preclinical biotech is developing FGFR kinase inhibitors for cancer, specifically solid tumors. Tyra’s lead candidate is initially focused on bladder cancer, and the company expects to submit an IND for it in mid-2022.</p><p><blockquote>肿瘤生物技术<b>泰拉生物科学公司</b>(TYRA)计划以5.84亿美元的市值筹集1.01亿美元。这家临床前生物技术公司正在开发用于癌症，特别是实体瘤的FGFR激酶抑制剂。Tyra的主要候选药物最初专注于膀胱癌，该公司预计将于2022年中期提交IND。</blockquote></p><p> Micro-cap gas delivery service&nbsp;<b>EzFill Holdings</b>(EZFL) plans to raise $25 million at a $104 million market cap. This mobile-fueling company provides an on-demand fuel delivery service in Florida via mobile app. Highly unprofitable with explosive growth, EzFill states that it is the dominant player in the South Florida market.</p><p><blockquote>微帽气体输送服务<b>埃兹菲尔控股</b>(EZFL)计划以1.04亿美元的市值筹集2500万美元。这家移动加油公司通过移动应用程序在佛罗里达州提供按需加油服务。由于爆炸性增长，EzFill表示，它是南佛罗里达州市场的主导者。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/718698ff98644c4026f32efe91d076c6\" tg-width=\"1128\" tg-height=\"684\" referrerpolicy=\"no-referrer\"><img src=\"https://static.tigerbbs.com/97fe13300d9e4cf61effc59b9706776a\" tg-width=\"1129\" tg-height=\"247\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p> <b>IPO Market Snapshot</b></p><p><blockquote><b>IPO市场快照</b></blockquote></p><p> The Renaissance IPO Indices are market cap weighted baskets of newly public companies. As of 9/9/21, the Renaissance IPO Index was up 7.7% year-to-date, while the S&amp;P 500 was up 19.6%. Renaissance Capital's IPO ETF (NYSE: IPO) tracks the index, and top ETF holdings include Snowflake (SNOW) and Palantir Technologies (PLTR). The Renaissance International IPO Index was down 11.0% year-to-date, while the ACWX was up 10.0%. Renaissance Capital’s International IPO ETF (NYSE: IPOS) tracks the index, and top ETF holdings include Smoore International and EQT Partners.</p><p><blockquote>文艺复兴IPO指数是新上市公司的市值加权篮子。截至9/9/21，文艺复兴IPO指数今年迄今上涨了7.7%，而标普500上涨了19.6%。Renaissance Capital的IPO ETF（纽约证券交易所股票代码：IPO）跟踪该指数，持有的顶级ETF包括Snowflake（SNOW）和Palantir Technologies（PLTR）。Renaissance International IPO指数今年迄今下跌11.0%，而ACWX指数上涨10.0%。Renaissance Capital的国际IPO ETF（纽约证券交易所股票代码：IPOS）跟踪该指数，持有的顶级ETF包括思摩尔国际和殷拓合伙人。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.renaissancecapital.com/IPO-Center/News/85972/US-IPO-Week-Ahead-The-Fall-IPO-market-kicks-off-with-a-10-IPO-week\">Renaissance Capital</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index","TWKS":"Thoughtworks Holding Inc.","PRCT":"PROCEPT BioRobotics","SRAD":"Sportradar Group AG","BROS":"Dutch Bros Inc.","DICE":"DICE Therapeutics, Inc.","TYRA":"Tyra Biosciences, Inc.","DH":"Definitive Healthcare Corp.",".DJI":"道琼斯","FORG":"ForgeRock, Inc.",".IXIC":"NASDAQ Composite","ONON":"On Holding AG"},"source_url":"https://www.renaissancecapital.com/IPO-Center/News/85972/US-IPO-Week-Ahead-The-Fall-IPO-market-kicks-off-with-a-10-IPO-week","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1189654544","content_text":"After a wave of launches in the short holiday week, 10 IPOs are scheduled to raise over $3 billion in the week ahead.\nTech consultancy Thoughtworks(TWKS) plans to raise $700 million at a $6.3 billion market cap. This agile software developer provides premium, end-to-end digital strategy, design, and engineering services to more than 300 enterprise customers. The company grew revenue at a 14% CAGR from 2017 to 2020, and expanded margins in 2020 and the 1H21.\nSwiss running shoe brand On Holding(ONON) plans to raise $591 million at a $5.9 billion market cap. On is a global provider of premium athletic footwear, apparel, and accessories that are designed using sustainable materials and its proprietary technology. The company has demonstrated growth and profitability, though it faces significant competition from other well-known sportswear brands.\nAfter ending talks to go public via SPAC,Sportradar Group(SRAD) plans to raise $504 million at a $7.9 billion market cap. Covering over 750,000 events annually across 83 sports, this Swiss company provides software, data, and content to sports leagues, betting operators, and media companies. Sportradar is profitable, and growth accelerated in the 1H21 as live sports resumed.\nDrive-thru coffee chain Dutch Bros(BROS) plans to raise $400 million at a $3.3 billion market cap. This Oregon-based company has a chain of 471 drive-thru coffee shops in the Western US, and it has been able to maintain a track record of same-store sales growth as it has expanded to new states. Insiders received pre-IPO dividends and will sell shares back to the company.\nHealthcare intelligence platform Definitive Healthcare(DH) plans to raise $350 million at a $3.3 billion market cap. This company provides a healthcare commercial intelligence and analytics platform, helping its customers to analyze, navigate, and sell into the complex healthcare ecosystem. Unprofitable with strong growth, Definitive Healthcare will be leveraged post-IPO.\nIdentity management platform ForgeRock(FORG) plans to raise $248 million at a $2.1 billion market cap. The company provides identity and access management software, with a platform to provision, authenticate, and govern all types of digital identities. Unprofitable with high sales and marketing expenses, ForgeRock is a leading next-gen provider in the multi-billion-dollar identity and access market.\nImmunology biotech DICE Therapeutics(DICE) plans to raise $160 million at a $550 million market cap. This biotech is developing oral small molecule therapies to treat chronic diseases in immunology and other therapeutic areas. DICE plans to initiate a Phase 1 trial of its lead candidate S011806, an oral antagonist with a variety of immunology indications.\nSurgical robotics developer PROCEPT BioRobotics(PRCT) plans to raise $127 million at a $1.1 billion market cap. This commercial-stage company develops surgical robotic systems for minimally-invasive urologic surgery with an initial focus on treating benign prostatic hyperplasia. PROCEPT BioRobotics is highly unprofitable and saw revenue increase more than sixfold in the 1H21.\nOncology biotech Tyra Biosciences(TYRA) plans to raise $101 million at a $584 million market cap. This preclinical biotech is developing FGFR kinase inhibitors for cancer, specifically solid tumors. Tyra’s lead candidate is initially focused on bladder cancer, and the company expects to submit an IND for it in mid-2022.\nMicro-cap gas delivery service EzFill Holdings(EZFL) plans to raise $25 million at a $104 million market cap. This mobile-fueling company provides an on-demand fuel delivery service in Florida via mobile app. Highly unprofitable with explosive growth, EzFill states that it is the dominant player in the South Florida market.\n\nIPO Market Snapshot\nThe Renaissance IPO Indices are market cap weighted baskets of newly public companies. As of 9/9/21, the Renaissance IPO Index was up 7.7% year-to-date, while the S&P 500 was up 19.6%. Renaissance Capital's IPO ETF (NYSE: IPO) tracks the index, and top ETF holdings include Snowflake (SNOW) and Palantir Technologies (PLTR). The Renaissance International IPO Index was down 11.0% year-to-date, while the ACWX was up 10.0%. Renaissance Capital’s International IPO ETF (NYSE: IPOS) tracks the index, and top ETF holdings include Smoore International and EQT Partners.","news_type":1,"symbols_score_info":{"DICE":0.9,"TYRA":0.9,".SPX":0.9,".IXIC":0.9,"BROS":0.9,"EZFL":0.9,"FORG":0.9,"ONON":0.9,"PRCT":0.9,"DH":0.9,".DJI":0.9,"TWKS":0.9,"SRAD":0.9}},"isVote":1,"tweetType":1,"viewCount":1384,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":880181410,"gmtCreate":1631025109730,"gmtModify":1631890658008,"author":{"id":"3581542297351770","authorId":"3581542297351770","name":"Sylee123","avatar":"https://static.tigerbbs.com/cdcc42e342e5b28b466e7456cf027928","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581542297351770","authorIdStr":"3581542297351770"},"themes":[],"htmlText":"[Miser]&nbsp;","listText":"[Miser]&nbsp;","text":"[Miser]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/880181410","repostId":"2165041355","repostType":4,"isVote":1,"tweetType":1,"viewCount":128,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":158803357,"gmtCreate":1625141467479,"gmtModify":1631890658019,"author":{"id":"3581542297351770","authorId":"3581542297351770","name":"Sylee123","avatar":"https://static.tigerbbs.com/cdcc42e342e5b28b466e7456cf027928","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581542297351770","authorIdStr":"3581542297351770"},"themes":[],"htmlText":":)","listText":":)","text":":)","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/158803357","repostId":"2148840288","repostType":4,"isVote":1,"tweetType":1,"viewCount":332,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":885371969,"gmtCreate":1631760074051,"gmtModify":1631890657991,"author":{"id":"3581542297351770","authorId":"3581542297351770","name":"Sylee123","avatar":"https://static.tigerbbs.com/cdcc42e342e5b28b466e7456cf027928","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581542297351770","authorIdStr":"3581542297351770"},"themes":[],"htmlText":"[Miser]&nbsp;","listText":"[Miser]&nbsp;","text":"[Miser]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/885371969","repostId":"2167559052","repostType":4,"isVote":1,"tweetType":1,"viewCount":1512,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":185782052,"gmtCreate":1623673682676,"gmtModify":1631890658021,"author":{"id":"3581542297351770","authorId":"3581542297351770","name":"Sylee123","avatar":"https://static.tigerbbs.com/cdcc42e342e5b28b466e7456cf027928","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581542297351770","authorIdStr":"3581542297351770"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/BB\">$BlackBerry(BB)$</a>Go go go","listText":"<a href=\"https://laohu8.com/S/BB\">$BlackBerry(BB)$</a>Go go go","text":"$BlackBerry(BB)$Go go go","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/185782052","isVote":1,"tweetType":1,"viewCount":600,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":886057425,"gmtCreate":1631540863367,"gmtModify":1631890657996,"author":{"id":"3581542297351770","authorId":"3581542297351770","name":"Sylee123","avatar":"https://static.tigerbbs.com/cdcc42e342e5b28b466e7456cf027928","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581542297351770","authorIdStr":"3581542297351770"},"themes":[],"htmlText":"[Smile]&nbsp;","listText":"[Smile]&nbsp;","text":"[Smile]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/886057425","repostId":"1112189353","repostType":4,"repost":{"id":"1112189353","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":1631540038,"share":"https://www.laohu8.com/m/news/1112189353?lang=zh_CN&edition=full","pubTime":"2021-09-13 21:33","market":"us","language":"en","title":"U.S. stocks open solidly higher Monday following worst weekly decline in about 3 months<blockquote>继约三个月来最严重单周跌幅后，美国股市周一大幅高开</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1112189353","media":"Tiger Newspress","summary":"The Dow Jones Industrial Average gained Monday as U.S. stock indexes rebounded from a losing streak.","content":"<p>The Dow Jones Industrial Average gained Monday as U.S. stock indexes rebounded from a losing streak.</p><p><blockquote>随着美国股指从连跌中反弹，道琼斯工业平均指数周一上涨。</blockquote></p><p> The Dow jumped about 240 points, or 0.7%. The S&amp;P 500 gained 0.7% and the Nasdaq Composite added 0.6%.</p><p><blockquote>道琼斯指数上涨约240点，涨幅0.7%。标普500上涨0.7%，纳斯达克综合指数上涨0.6%。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/99d05df35cd84a09bab95f1d02ff1457\" tg-width=\"1052\" tg-height=\"446\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p> The bounce comes after the Dow and S&amp;P posting a fifth straight day of losses, while the Nasdaq Composite registered its third consecutive negative session. For the S&amp;P 500, that was its worst losing streak since February 22.</p><p><blockquote>此次反弹是在道琼斯指数和标准普尔指数连续第五天下跌，而纳斯达克综合指数连续第三个交易日下跌之后发生的。对于标普500来说，这是自2月22日以来最严重的连跌。</blockquote></p><p> \"With supply chain disruptions, COVID-19 variant risk, stickier than expected inflation along with other uncertainties that challenge the present recovery's path toward a sustainable economic expansion the age old adage 'progress not perfection' among current developments appears best suited for investors to focus on for now,\" Oppenheimer's John Stoltzfus said in a note Monday.</p><p><blockquote>“由于供应链中断、COVID-19变种风险、通胀粘性强于预期以及其他挑战当前复苏通往可持续经济扩张之路的不确定性，当前发展中的古老格言‘进步而非完美’似乎最适合投资者关注目前，”奥本海默的约翰·斯托尔茨福斯周一在一份报告中表示。</blockquote></p><p> Covid cases appear to be trending lower in the U.S. with a 7-day average through Friday of about 136,000, down from 157,000 average new cases at the end of August, according to the CDC. Pfizer's Covid vaccine could be&nbsp;authorized for children by the end of next month, sources familiar told Reuters.</p><p><blockquote>根据CDC的数据，美国的Covid病例似乎呈下降趋势，截至周五的7天平均新增病例约为136,000例，低于8月底的平均157,000例。知情人士告诉路透社，辉瑞的Covid疫苗可能会在下月底被授权用于儿童。</blockquote></p><p> Names linked to the reopening led the gains in premarket trading. Delta Air Lines and United Airlines shares gained. Carnival Corp edged higher. Traditional cyclical plays GM and Citigroup rose. MGM shares rose after an&nbsp;upgrade by Bernstein to outperform.</p><p><blockquote>与重新开放相关的名字领涨盘前交易。达美航空和联合航空股价上涨。嘉年华公司小幅走高。传统周期性股票通用汽车和花旗集团上涨。伯恩斯坦将米高梅股价上调至跑赢大盘后上涨。</blockquote></p><p> \"Vaccinations plus immunity should mean cases eventually fall. Full reopening and related spending has been pushed out,\" wrote UBS strategist Keith Parker, who sees the S&amp;P 500 gaining another 4% through year-end.</p><p><blockquote>瑞银策略师基思·帕克(Keith Parker)写道：“疫苗接种加上免疫力应该意味着病例最终会下降。全面重新开放和相关支出已被推迟。”他预计标普500到年底将再上涨4%。</blockquote></p><p> Traditional cyclical plays GM and Citigroup rose Monday. MGM shares rose after an&nbsp;upgrade by Bernstein to outperform.</p><p><blockquote>传统周期性股票通用汽车和花旗集团周一上涨。伯恩斯坦将米高梅股价上调至跑赢大盘后上涨。</blockquote></p><p> Tech shares gained as well. Apple moved higher ahead of a&nbsp;launch event Tuesday&nbsp;where the company is expected to introduce new iPhones.</p><p><blockquote>科技股也上涨。苹果在周二的发布会之前股价走高，预计该公司将在会上推出新款iPhone。</blockquote></p><p> Nike shares ticked lower after&nbsp;BTIG downgraded the stock&nbsp;citing supply chain challenges caused by the pandemic. Production issues could significantly impact Nike’s holiday sales, BTIG said.</p><p><blockquote>BTIG以疫情造成的供应链挑战为由下调耐克股票评级后，耐克股价小幅走低。BTIG表示，生产问题可能会严重影响耐克的假日销售。</blockquote></p><p> “Supply bottlenecks, inventory shortages, higher commodity prices, and higher shipping rates have all contributed to higher input costs,” noted Charlie Ripley, senior investment strategist for Allianz Investment Management.</p><p><blockquote>安联投资管理公司高级投资策略师查理·里普利指出：“供应瓶颈、库存短缺、大宗商品价格上涨和运费上涨都导致了投入成本上升。”</blockquote></p><p> Inflation fears have contributed to the market’s recent losses. Data released Friday showed that&nbsp;producer prices rose&nbsp;0.7% in August and 8.3% year over year, which was the biggest annual increase since records were first kept in November 2010.</p><p><blockquote>通胀担忧导致了市场近期的下跌。周五公布的数据显示，8月份生产者价格上涨0.7%，同比上涨8.3%，这是自2010年11月有记录以来的最大年度涨幅。</blockquote></p><p> ″[Friday’s] data on wholesale prices should be eye-opening for the Fed, as inflation pressures still don’t appear to be easing and will likely continue to be felt by the consumer in the coming months,” Ripley said.</p><p><blockquote>里普利表示：“[周五的]批发价格数据应该会让美联储大开眼界，因为通胀压力似乎仍未缓解，并且消费者可能会在未来几个月继续感受到通胀压力。”</blockquote></p><p> The closely watched consumer price index will be released on Tuesday, at which point the Street will see how much of the heightened costs are being passed along to consumers. Economists surveyed by FactSet are expecting the reading to show that consumer prices jumped&nbsp;5.3% on an annual pacein August. Retail sales data will be released later in the week.</p><p><blockquote>备受关注的消费者价格指数将于周二发布，届时华尔街将看到有多少上涨的成本被转嫁给了消费者。FactSet调查的经济学家预计，8月份消费者价格同比上涨5.零售销售数据将于本周晚些时候公布。</blockquote></p><p> Stocks have been under pressure since&nbsp;August’s jobs report, released by the Labor Department on September 3, missed expectations. Worries are rippling through the market that the pandemic will continue to hamper economic growth while hot inflation will prompt the Federal Reserve to take action.</p><p><blockquote>自美国劳工部9月3日发布的8月份就业报告未达预期以来，股市一直承压。市场普遍担心疫情将继续阻碍经济增长，而高通胀将促使美联储采取行动。</blockquote></p><p> “The negative impact of the delta variant on the cyclical trade is clear,” noted strategists at Jefferies. “It is increasingly evident that the impact of delta has delayed any Federal Reserve attempt at tapering, just as it has given fresh momentum to the Big Tech stocks with growth outperforming value so far this quarter.”</p><p><blockquote>杰富瑞策略师指出：“德尔塔变异毒株对周期性交易的负面影响是显而易见的。”“越来越明显的是，达美航空的影响推迟了美联储缩减规模的任何尝试，正如它为本季度迄今为止增长跑赢价值的大型科技股提供了新的动力一样。”</blockquote></p><p> The Fed will begin its two-day policy meeting on September 21, where investors will be looking for clues about the central bank’s bond-buying program.</p><p><blockquote>美联储将于9月21日开始为期两天的政策会议，届时投资者将寻找有关央行债券购买计划的线索。</blockquote></p><p> Despite last week’s losses, the major averages are still relatively close to their record levels. the Dow is about 2% from its all-time high, while the S&amp;P 500 and Nasdaq Composite are under 2% below their high-water marks.</p><p><blockquote>尽管上周有所下跌，但主要股指仍相对接近创纪录水平。道琼斯指数较历史高点下跌约2%，而标普500和纳斯达克综合指数较高点下跌不到2%。</blockquote></p><p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>U.S. stocks open solidly higher Monday following worst weekly decline in about 3 months<blockquote>继约三个月来最严重单周跌幅后，美国股市周一大幅高开</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; 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color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nU.S. stocks open solidly higher Monday following worst weekly decline in about 3 months<blockquote>继约三个月来最严重单周跌幅后，美国股市周一大幅高开</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\">2021-09-13 21:33</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>The Dow Jones Industrial Average gained Monday as U.S. stock indexes rebounded from a losing streak.</p><p><blockquote>随着美国股指从连跌中反弹，道琼斯工业平均指数周一上涨。</blockquote></p><p> The Dow jumped about 240 points, or 0.7%. The S&amp;P 500 gained 0.7% and the Nasdaq Composite added 0.6%.</p><p><blockquote>道琼斯指数上涨约240点，涨幅0.7%。标普500上涨0.7%，纳斯达克综合指数上涨0.6%。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/99d05df35cd84a09bab95f1d02ff1457\" tg-width=\"1052\" tg-height=\"446\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p> The bounce comes after the Dow and S&amp;P posting a fifth straight day of losses, while the Nasdaq Composite registered its third consecutive negative session. For the S&amp;P 500, that was its worst losing streak since February 22.</p><p><blockquote>此次反弹是在道琼斯指数和标准普尔指数连续第五天下跌，而纳斯达克综合指数连续第三个交易日下跌之后发生的。对于标普500来说，这是自2月22日以来最严重的连跌。</blockquote></p><p> \"With supply chain disruptions, COVID-19 variant risk, stickier than expected inflation along with other uncertainties that challenge the present recovery's path toward a sustainable economic expansion the age old adage 'progress not perfection' among current developments appears best suited for investors to focus on for now,\" Oppenheimer's John Stoltzfus said in a note Monday.</p><p><blockquote>“由于供应链中断、COVID-19变种风险、通胀粘性强于预期以及其他挑战当前复苏通往可持续经济扩张之路的不确定性，当前发展中的古老格言‘进步而非完美’似乎最适合投资者关注目前，”奥本海默的约翰·斯托尔茨福斯周一在一份报告中表示。</blockquote></p><p> Covid cases appear to be trending lower in the U.S. with a 7-day average through Friday of about 136,000, down from 157,000 average new cases at the end of August, according to the CDC. Pfizer's Covid vaccine could be&nbsp;authorized for children by the end of next month, sources familiar told Reuters.</p><p><blockquote>根据CDC的数据，美国的Covid病例似乎呈下降趋势，截至周五的7天平均新增病例约为136,000例，低于8月底的平均157,000例。知情人士告诉路透社，辉瑞的Covid疫苗可能会在下月底被授权用于儿童。</blockquote></p><p> Names linked to the reopening led the gains in premarket trading. Delta Air Lines and United Airlines shares gained. Carnival Corp edged higher. Traditional cyclical plays GM and Citigroup rose. MGM shares rose after an&nbsp;upgrade by Bernstein to outperform.</p><p><blockquote>与重新开放相关的名字领涨盘前交易。达美航空和联合航空股价上涨。嘉年华公司小幅走高。传统周期性股票通用汽车和花旗集团上涨。伯恩斯坦将米高梅股价上调至跑赢大盘后上涨。</blockquote></p><p> \"Vaccinations plus immunity should mean cases eventually fall. Full reopening and related spending has been pushed out,\" wrote UBS strategist Keith Parker, who sees the S&amp;P 500 gaining another 4% through year-end.</p><p><blockquote>瑞银策略师基思·帕克(Keith Parker)写道：“疫苗接种加上免疫力应该意味着病例最终会下降。全面重新开放和相关支出已被推迟。”他预计标普500到年底将再上涨4%。</blockquote></p><p> Traditional cyclical plays GM and Citigroup rose Monday. MGM shares rose after an&nbsp;upgrade by Bernstein to outperform.</p><p><blockquote>传统周期性股票通用汽车和花旗集团周一上涨。伯恩斯坦将米高梅股价上调至跑赢大盘后上涨。</blockquote></p><p> Tech shares gained as well. Apple moved higher ahead of a&nbsp;launch event Tuesday&nbsp;where the company is expected to introduce new iPhones.</p><p><blockquote>科技股也上涨。苹果在周二的发布会之前股价走高，预计该公司将在会上推出新款iPhone。</blockquote></p><p> Nike shares ticked lower after&nbsp;BTIG downgraded the stock&nbsp;citing supply chain challenges caused by the pandemic. Production issues could significantly impact Nike’s holiday sales, BTIG said.</p><p><blockquote>BTIG以疫情造成的供应链挑战为由下调耐克股票评级后，耐克股价小幅走低。BTIG表示，生产问题可能会严重影响耐克的假日销售。</blockquote></p><p> “Supply bottlenecks, inventory shortages, higher commodity prices, and higher shipping rates have all contributed to higher input costs,” noted Charlie Ripley, senior investment strategist for Allianz Investment Management.</p><p><blockquote>安联投资管理公司高级投资策略师查理·里普利指出：“供应瓶颈、库存短缺、大宗商品价格上涨和运费上涨都导致了投入成本上升。”</blockquote></p><p> Inflation fears have contributed to the market’s recent losses. Data released Friday showed that&nbsp;producer prices rose&nbsp;0.7% in August and 8.3% year over year, which was the biggest annual increase since records were first kept in November 2010.</p><p><blockquote>通胀担忧导致了市场近期的下跌。周五公布的数据显示，8月份生产者价格上涨0.7%，同比上涨8.3%，这是自2010年11月有记录以来的最大年度涨幅。</blockquote></p><p> ″[Friday’s] data on wholesale prices should be eye-opening for the Fed, as inflation pressures still don’t appear to be easing and will likely continue to be felt by the consumer in the coming months,” Ripley said.</p><p><blockquote>里普利表示：“[周五的]批发价格数据应该会让美联储大开眼界，因为通胀压力似乎仍未缓解，并且消费者可能会在未来几个月继续感受到通胀压力。”</blockquote></p><p> The closely watched consumer price index will be released on Tuesday, at which point the Street will see how much of the heightened costs are being passed along to consumers. Economists surveyed by FactSet are expecting the reading to show that consumer prices jumped&nbsp;5.3% on an annual pacein August. Retail sales data will be released later in the week.</p><p><blockquote>备受关注的消费者价格指数将于周二发布，届时华尔街将看到有多少上涨的成本被转嫁给了消费者。FactSet调查的经济学家预计，8月份消费者价格同比上涨5.零售销售数据将于本周晚些时候公布。</blockquote></p><p> Stocks have been under pressure since&nbsp;August’s jobs report, released by the Labor Department on September 3, missed expectations. Worries are rippling through the market that the pandemic will continue to hamper economic growth while hot inflation will prompt the Federal Reserve to take action.</p><p><blockquote>自美国劳工部9月3日发布的8月份就业报告未达预期以来，股市一直承压。市场普遍担心疫情将继续阻碍经济增长，而高通胀将促使美联储采取行动。</blockquote></p><p> “The negative impact of the delta variant on the cyclical trade is clear,” noted strategists at Jefferies. “It is increasingly evident that the impact of delta has delayed any Federal Reserve attempt at tapering, just as it has given fresh momentum to the Big Tech stocks with growth outperforming value so far this quarter.”</p><p><blockquote>杰富瑞策略师指出：“德尔塔变异毒株对周期性交易的负面影响是显而易见的。”“越来越明显的是，达美航空的影响推迟了美联储缩减规模的任何尝试，正如它为本季度迄今为止增长跑赢价值的大型科技股提供了新的动力一样。”</blockquote></p><p> The Fed will begin its two-day policy meeting on September 21, where investors will be looking for clues about the central bank’s bond-buying program.</p><p><blockquote>美联储将于9月21日开始为期两天的政策会议，届时投资者将寻找有关央行债券购买计划的线索。</blockquote></p><p> Despite last week’s losses, the major averages are still relatively close to their record levels. the Dow is about 2% from its all-time high, while the S&amp;P 500 and Nasdaq Composite are under 2% below their high-water marks.</p><p><blockquote>尽管上周有所下跌，但主要股指仍相对接近创纪录水平。道琼斯指数较历史高点下跌约2%，而标普500和纳斯达克综合指数较高点下跌不到2%。</blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite",".DJI":"道琼斯",".SPX":"S&P 500 Index"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1112189353","content_text":"The Dow Jones Industrial Average gained Monday as U.S. stock indexes rebounded from a losing streak.\nThe Dow jumped about 240 points, or 0.7%. The S&P 500 gained 0.7% and the Nasdaq Composite added 0.6%.\n\nThe bounce comes after the Dow and S&P posting a fifth straight day of losses, while the Nasdaq Composite registered its third consecutive negative session. For the S&P 500, that was its worst losing streak since February 22.\n\"With supply chain disruptions, COVID-19 variant risk, stickier than expected inflation along with other uncertainties that challenge the present recovery's path toward a sustainable economic expansion the age old adage 'progress not perfection' among current developments appears best suited for investors to focus on for now,\" Oppenheimer's John Stoltzfus said in a note Monday.\nCovid cases appear to be trending lower in the U.S. with a 7-day average through Friday of about 136,000, down from 157,000 average new cases at the end of August, according to the CDC. Pfizer's Covid vaccine could be authorized for children by the end of next month, sources familiar told Reuters.\nNames linked to the reopening led the gains in premarket trading. Delta Air Lines and United Airlines shares gained. Carnival Corp edged higher. Traditional cyclical plays GM and Citigroup rose. MGM shares rose after an upgrade by Bernstein to outperform.\n\"Vaccinations plus immunity should mean cases eventually fall. Full reopening and related spending has been pushed out,\" wrote UBS strategist Keith Parker, who sees the S&P 500 gaining another 4% through year-end.\nTraditional cyclical plays GM and Citigroup rose Monday. MGM shares rose after an upgrade by Bernstein to outperform.\nTech shares gained as well. Apple moved higher ahead of a launch event Tuesday where the company is expected to introduce new iPhones.\nNike shares ticked lower after BTIG downgraded the stock citing supply chain challenges caused by the pandemic. Production issues could significantly impact Nike’s holiday sales, BTIG said.\n“Supply bottlenecks, inventory shortages, higher commodity prices, and higher shipping rates have all contributed to higher input costs,” noted Charlie Ripley, senior investment strategist for Allianz Investment Management.\nInflation fears have contributed to the market’s recent losses. Data released Friday showed that producer prices rose 0.7% in August and 8.3% year over year, which was the biggest annual increase since records were first kept in November 2010.\n″[Friday’s] data on wholesale prices should be eye-opening for the Fed, as inflation pressures still don’t appear to be easing and will likely continue to be felt by the consumer in the coming months,” Ripley said.\nThe closely watched consumer price index will be released on Tuesday, at which point the Street will see how much of the heightened costs are being passed along to consumers. Economists surveyed by FactSet are expecting the reading to show that consumer prices jumped 5.3% on an annual pacein August. Retail sales data will be released later in the week.\nStocks have been under pressure since August’s jobs report, released by the Labor Department on September 3, missed expectations. Worries are rippling through the market that the pandemic will continue to hamper economic growth while hot inflation will prompt the Federal Reserve to take action.\n“The negative impact of the delta variant on the cyclical trade is clear,” noted strategists at Jefferies. “It is increasingly evident that the impact of delta has delayed any Federal Reserve attempt at tapering, just as it has given fresh momentum to the Big Tech stocks with growth outperforming value so far this quarter.”\nThe Fed will begin its two-day policy meeting on September 21, where investors will be looking for clues about the central bank’s bond-buying program.\nDespite last week’s losses, the major averages are still relatively close to their record levels. the Dow is about 2% from its all-time high, while the S&P 500 and Nasdaq Composite are under 2% below their high-water marks.","news_type":1,"symbols_score_info":{".IXIC":0.9,".SPX":0.9,".DJI":0.9}},"isVote":1,"tweetType":1,"viewCount":958,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":812681873,"gmtCreate":1630582994892,"gmtModify":1631890658010,"author":{"id":"3581542297351770","authorId":"3581542297351770","name":"Sylee123","avatar":"https://static.tigerbbs.com/cdcc42e342e5b28b466e7456cf027928","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581542297351770","authorIdStr":"3581542297351770"},"themes":[],"htmlText":"[Miser]&nbsp;","listText":"[Miser]&nbsp;","text":"[Miser]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/812681873","repostId":"1133547368","repostType":4,"isVote":1,"tweetType":1,"viewCount":226,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}