tjseng的个人主页 - 老虎社区

tjseng

tjseng

暂无个人介绍

IP属地：未知

163关注

9粉丝

0主题

0勋章

2021-10-04

Hopefully green can continue

Toplines Before US Market Open on Monday<blockquote>周一美国市场开盘前的顶线</blockquote>

2021-08-19

$Caribou Biosciences(CRBU)$Good stock with strong team

2021-07-02

Thank u, tiger

2021-06-28

Company with good records and innovation [Smile]

Microsoft Rides Its Cloud Business to a $2 Trillion Market Cap. It’s Not Done Yet.<blockquote>微软的云业务市值达到了 2 万亿美元。还没完成。</blockquote>

2021-06-27

Will take a closer look

抱歉，原内容已删除

2021-06-27

Chinese technology now being more innovative

Ford Or NIO? The Final Verdict<blockquote>福特还是蔚来？最终判决</blockquote>

2021-06-21

Good time to get favourite stocks with reasonable price

抱歉，原内容已删除

2021-06-19

Hope that this is true [LOL]

抱歉，原内容已删除

2021-06-19

Tell me your opinion about this news...

抱歉，原内容已删除

2021-06-18

$OPKO Health(OPK)$Potential winner in the future

2021-06-15

Those companies are all great companies, issues are when prices are in more reasonable level [Happy]

抱歉，原内容已删除

2021-06-15

Internet companies having no great impact on environmental pollution, those mining companies and manufacturing industries are the one causing much impact on climate changes.

抱歉，原内容已删除

2021-06-14

Elon is the biggest banker of Bitcoin [Cool]

抱歉，原内容已删除

2021-06-14

This is his way to move the price up and down [Facepalm]

抱歉，原内容已删除

2021-06-13

$Selecta Biosciences(SELB)$Potential to move higher

2021-06-06

MSFT still the top choice

抱歉，原内容已删除

2021-06-06

More IPO will means that people will unload their holdings, then using those funds and put to apply for IPOs ? [Doubt]

U.S. IPO Week Ahead: Digital Payments, Mental Health Services, And More In A Diverse 8 IPO<blockquote>美国 IPO 前一周：数字支付、心理健康服务等多元化 8 IPO</blockquote>

2021-06-04

China companies now growing big, hopefullythey can soon reach into global markets andmake us enjoy their products and services.

抱歉，原内容已删除

2021-06-02

The price of AAPL still within the reach of retail investors, while Google a bit pricey.

Apple Stock Vs. Google Stock: Which Is The Better Buy?<blockquote>苹果股票与谷歌股票：哪个更值得购买？</blockquote>

2021-06-02

Coins will be the future of financial instrument.

抱歉，原内容已删除

去老虎APP查看更多动态

{"i18n":{"language":"zh_CN"},"userPageInfo":{"id":"3581892318324369","uuid":"3581892318324369","gmtCreate":1618813354462,"gmtModify":1619755488849,"name":"tjseng","pinyin":"tjseng","introduction":"","introductionEn":null,"signature":"","avatar":"https://static.tigerbbs.com/916d5c4f8dda4d6d5e4723b340f9a377","hat":null,"hatId":null,"hatName":null,"vip":1,"status":2,"fanSize":9,"headSize":163,"tweetSize":45,"questionSize":0,"limitLevel":999,"accountStatus":4,"level":{"id":2,"name":"无畏虎","nameTw":"無畏虎","represent":"初生牛犊","factor":"发布3条非转发主帖,1条获得他人回复或点赞","iconColor":"3C9E83","bgColor":"A2F1D9"},"themeCounts":0,"badgeCounts":0,"badges":[],"moderator":false,"superModerator":false,"manageSymbols":null,"badgeLevel":null,"boolIsFan":false,"boolIsHead":false,"favoriteSize":0,"symbols":null,"coverImage":null,"realNameVerified":null,"userBadges":[{"badgeId":"e50ce593bb40487ebfb542ca54f6a561-3","templateUuid":"e50ce593bb40487ebfb542ca54f6a561","name":"偶像虎友","description":"加入老虎社区1500天","bigImgUrl":"https://static.tigerbbs.com/8b40ae7da5bf081a1c84df14bf9e6367","smallImgUrl":"https://static.tigerbbs.com/f160eceddd7c284a8e1136557615cfad","grayImgUrl":"https://static.tigerbbs.com/11792805c468334a9b31c39f95a41c6a","redirectLinkEnabled":0,"redirectLinkType":null,"redirectLink":null,"redirectLinkValidityFrom":null,"redirectLinkValidityTo":null,"hasAllocated":1,"isWearing":0,"stamp":null,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2026.04.21","exceedPercentage":null,"individualDisplayEnabled":0,"backgroundColor":null,"fontColor":null,"individualDisplaySort":0,"categoryType":1001,"isScarce":0,"effectConfig":null,"effectEnabled":0,"plateImgUrl":null,"plateColors":null,"validityTo":null,"validityToTimestamp":null,"wearingSort":0},{"badgeId":"228c86a078844d74991fff2b7ab2428d-1","templateUuid":"228c86a078844d74991fff2b7ab2428d","name":"投资经理虎","description":"证券账户累计交易金额达到10万美元","bigImgUrl":"https://static.tigerbbs.com/c8dfc27c1ee0e25db1c93e9d0b641101","smallImgUrl":"https://static.tigerbbs.com/f43908c142f8a33c78f5bdf0e2897488","grayImgUrl":"https://static.tigerbbs.com/82165ff19cb8a786e8919f92acee5213","redirectLinkEnabled":0,"redirectLinkType":null,"redirectLink":null,"redirectLinkValidityFrom":null,"redirectLinkValidityTo":null,"hasAllocated":1,"isWearing":0,"stamp":null,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2026.04.18","exceedPercentage":"60.65%","individualDisplayEnabled":0,"backgroundColor":null,"fontColor":null,"individualDisplaySort":0,"categoryType":1101,"isScarce":0,"effectConfig":null,"effectEnabled":0,"plateImgUrl":null,"plateColors":null,"validityTo":null,"validityToTimestamp":null,"wearingSort":0},{"badgeId":"35ec162348d5460f88c959321e554969-2","templateUuid":"35ec162348d5460f88c959321e554969","name":"宗师交易员","description":"证券或期货账户累计交易次数达到100次","bigImgUrl":"https://static.tigerbbs.com/ad22cfbe2d05aa393b18e9226e4b0307","smallImgUrl":"https://static.tigerbbs.com/36702e6ff3ffe46acafee66cc85273ca","grayImgUrl":"https://static.tigerbbs.com/d52eb88fa385cf5abe2616ed63781765","redirectLinkEnabled":0,"redirectLinkType":null,"redirectLink":null,"redirectLinkValidityFrom":null,"redirectLinkValidityTo":null,"hasAllocated":1,"isWearing":0,"stamp":null,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2025.12.30","exceedPercentage":"80.36%","individualDisplayEnabled":0,"backgroundColor":null,"fontColor":null,"individualDisplaySort":0,"categoryType":1100,"isScarce":0,"effectConfig":null,"effectEnabled":0,"plateImgUrl":null,"plateColors":null,"validityTo":null,"validityToTimestamp":null,"wearingSort":0},{"badgeId":"976c19eed35f4cd78f17501c2e99ef37-1","templateUuid":"976c19eed35f4cd78f17501c2e99ef37","name":"博闻投资者","description":"累计交易超过10只正股","bigImgUrl":"https://static.tigerbbs.com/e74cc24115c4fbae6154ec1b1041bf47","smallImgUrl":"https://static.tigerbbs.com/d48265cbfd97c57f9048db29f22227b0","grayImgUrl":"https://static.tigerbbs.com/76c6d6898b073c77e1c537ebe9ac1c57","redirectLinkEnabled":0,"redirectLinkType":null,"redirectLink":null,"redirectLinkValidityFrom":null,"redirectLinkValidityTo":null,"hasAllocated":1,"isWearing":0,"stamp":null,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2021.12.21","exceedPercentage":null,"individualDisplayEnabled":0,"backgroundColor":null,"fontColor":null,"individualDisplaySort":0,"categoryType":1102,"isScarce":0,"effectConfig":null,"effectEnabled":0,"plateImgUrl":null,"plateColors":null,"validityTo":null,"validityToTimestamp":null,"wearingSort":0},{"badgeId":"518b5610c3e8410da5cfad115e4b0f5a-1","templateUuid":"518b5610c3e8410da5cfad115e4b0f5a","name":"实盘交易者","description":"完成一笔实盘交易","bigImgUrl":"https://static.tigerbbs.com/2e08a1cc2087a1de93402c2c290fa65b","smallImgUrl":"https://static.tigerbbs.com/4504a6397ce1137932d56e5f4ce27166","grayImgUrl":"https://static.tigerbbs.com/4b22c79415b4cd6e3d8ebc4a0fa32604","redirectLinkEnabled":0,"redirectLinkType":null,"redirectLink":null,"redirectLinkValidityFrom":null,"redirectLinkValidityTo":null,"hasAllocated":1,"isWearing":0,"stamp":null,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2021.12.21","exceedPercentage":null,"individualDisplayEnabled":0,"backgroundColor":null,"fontColor":null,"individualDisplaySort":0,"categoryType":1100,"isScarce":0,"effectConfig":null,"effectEnabled":0,"plateImgUrl":null,"plateColors":null,"validityTo":null,"validityToTimestamp":null,"wearingSort":0}],"userBadgeCount":5,"currentWearingBadge":null,"individualDisplayBadges":null,"crmLevel":12,"crmLevelSwitch":0,"location":"未知","starInvestorFollowerNum":0,"starInvestorFlag":false,"starInvestorOrderShareNum":0,"subscribeStarInvestorNum":0,"ror":null,"winRationPercentage":null,"showRor":false,"investmentPhilosophy":null,"starInvestorSubscribeFlag":false},"baikeInfo":{},"tab":"post","tweets":[{"id":820395048,"gmtCreate":1633350838723,"gmtModify":1633350838987,"author":{"id":"3581892318324369","authorId":"3581892318324369","name":"tjseng","avatar":"https://static.tigerbbs.com/916d5c4f8dda4d6d5e4723b340f9a377","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581892318324369","authorIdStr":"3581892318324369"},"themes":[],"title":"","htmlText":"Hopefully green can&nbsp;continue&nbsp;","listText":"Hopefully green can&nbsp;continue&nbsp;","text":"Hopefully green can continue","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/820395048","repostId":"1158164825","repostType":4,"repost":{"id":"1158164825","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":1633349350,"share":"https://www.laohunote.com/m/news/1158164825?lang=zh_CN&edition=full","pubTime":"2021-10-04 20:09","market":"us","language":"en","title":"Toplines Before US Market Open on Monday<blockquote>周一美国市场开盘前的顶线</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1158164825","media":"Tiger Newspress","summary":"U.S. stock futures traded lower in early pre-market trade after the Dow Jones climbed more than 480 points in the previous session.At 8:05 a.m. ET, Dow E-minis were down 125 points, or 0.37%, S&P 500 E-minis were down 19.5 points, or 0.45% and Nasdaq 100 E-minis were down 85.5 points, or 0.58%.Investors also kept close watch on rising U.S. Treasury yields after data last week showed increased consumer spending, accelerated factory activity and elevated inflation growth, which could help push the","content":"<p>U.S. stock futures traded lower in early pre-market trade after the Dow Jones climbed more than 480 points in the previous session.</p><p><blockquote>道琼斯指数在前一交易日攀升超过 480 点后，美国股指期货在盘前早盘交易中走低。</blockquote></p><p> At 8:05 a.m. ET, Dow E-minis were down 125 points, or 0.37%, S&amp;P 500 E-minis were down 19.5 points, or 0.45% and Nasdaq 100 E-minis were down 85.5 points, or 0.58%.</p><p><blockquote>美国东部时间上午 8:05，道琼斯电子迷你指数下跌 125 点，跌幅 0.37%，标普500电子迷你指数下跌 19.5 点，跌幅 0.45%，纳斯达克 100 电子迷你指数下跌 85.5 点，跌幅 0.58%。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/04fb4578a50d3db43114ef3a17162000\" tg-width=\"791\" tg-height=\"267\" referrerpolicy=\"no-referrer\"><span>*Source From Tiger Trade, EST 08:05</span></p><p><blockquote><p class=\"t-img-caption\"><span>*资料来源：Tiger Trade，美国东部时间 08:05</span></p></blockquote></p><p> Investors also kept close watch on rising U.S. Treasury yields after data last week showed increased consumer spending, accelerated factory activity and elevated inflation growth, which could help push the Federal Reserve towards tightening its accommodative monetary policy sooner than expected.</p><p><blockquote>上周数据显示消费者支出增加、工厂活动加速和通胀增长上升，这可能有助于推动美联储比预期更早收紧宽松货币政策，投资者还密切关注美国国债收益率上升。</blockquote></p><p> <b>Stocks making the biggest moves in the premarket:</b></p><p><blockquote><b>盘前涨幅最大的股票：</b></blockquote></p><p> <a href=\"https://laohu8.com/S/TSLA\">Tesla Motors</a> – Tesla shares rose 3% in the premarket after the company announcedit delivered 241,300 vehiclesduring the third quarter, its most ever for a quarter and a 73% increase over the same quarter a year ago.</p><p><blockquote><a href=\"https://laohu8.com/S/TSLA\">特斯拉</a>– 特斯拉股价在盘前上涨 3%，此前该公司宣布第三季度交付了 241,300 辆汽车，这是有史以来一个季度交付量最高的一次，比去年同期增长了 73%。</blockquote></p><p> <a href=\"https://laohu8.com/S/MRNA\">Moderna, Inc.</a> ,<a href=\"https://laohu8.com/S/NVAX\">Novavax</a> – Moderna and Novavax shares are under pressure once again this morning. Both Covid-19 vaccine makers saw double-digit percentage losses Friday, following news ofMerck’s(MRK) successful late-stage trial for its new anti-viral pill. Moderna fell 4% in premarket trading, while Novavax slid 3.3%. Merck rallied another 2.7% in the premarket following Friday’s 8.4% surge.</p><p><blockquote><a href=\"https://laohu8.com/S/MRNA\">现代公司。</a>,<a href=\"https://laohu8.com/S/NVAX\">诺瓦瓦克斯</a>– Moderna 和 Novavax 的股价今天早上再次面临压力。在默克公司（MRK）的新型抗病毒药物后期试验取得成功的消息传出后，两家 Covid-19 疫苗制造商周五都出现了两位数的亏损。Moderna 在盘前交易中下跌 4%，Novavax 下跌 3.3%。继周五大涨 8.4% 之后，默克公司在盘前又上涨了 2.7%。</blockquote></p><p> <a href=\"https://laohu8.com/S/GM\">General Motors</a> – Hedge fund Engine No. 1 announced its support for GM’s goal to have a 100% electric car portfolio by 2035, as well as an investment in the automaker. Engine No. 1 gained prominence earlier this year by successfully placing three climate-focused independent directors onExxon Mobil’s(XOM) board.</p><p><blockquote><a href=\"https://laohu8.com/S/GM\">通用汽车</a>- 对冲基金 Engine No. 1 宣布支持通用汽车到 2035 年实现 100% 电动汽车产品组合的目标，并对该汽车制造商进行投资。今年早些时候，Engine No.1 成功地将三名关注气候问题的独立董事纳入埃克森美孚（XOM）董事会，从而声名鹊起。</blockquote></p><p> <a href=\"https://laohu8.com/S/DAL\">Delta Air Lines</a> – Delta reinstated its original third-quarter revenue forecast, after cutting it a month ago. CEO Ed Bastian said ticket sales stabilized and then improved, and the airline is also expecting 2022 domestic bookings to surpass pre-pandemic levels. Delta will report third-quarter results on October 13.</p><p><blockquote><a href=\"https://laohu8.com/S/DAL\">达美航空</a>– 达美航空在一个月前下调了第三季度收入预测后，恢复了最初的第三季度收入预测。首席执行官埃德·巴斯蒂安表示，机票销售趋于稳定，然后有所改善，该航空公司还预计2022年国内预订量将超过大流行前的水平。达美航空将于10月13日公布第三季度业绩。</blockquote></p><p> <a href=\"https://laohu8.com/S/LUV\">Southwest Airlines</a> – Southwest added 1.4% in premarket trading after Barclays upgraded the stock to “overweight” from “equal weight,” saying it sees bluer skies ahead for airlines and that it favors low-cost, low-fare carriers like Southwest.</p><p><blockquote><a href=\"https://laohu8.com/S/LUV\">西南航空公司</a>- 西南航空在盘前交易中上涨了 1.4%，此前巴克莱银行将西南航空的股票评级从 “同等权重 ”上调至 “跑赢大盘 ”，称巴克莱银行认为航空公司的未来将更加蓝天，并青睐像西南航空这样的低成本、低票价航空公司。</blockquote></p><p> <a href=\"https://laohu8.com/S/SLF\">Sun Life</a> – The financial services company struck a deal to buy oral health care provider DentaQuest for $2.47 billion in cash. The transaction is aimed at increasing Sun Life’s employee benefits offerings.</p><p><blockquote><a href=\"https://laohu8.com/S/SLF\">太阳人寿</a>– 这家金融服务公司达成协议，以 24.7 亿美元现金收购口腔保健提供商 DentaQuest。此次交易旨在增加永明人寿的员工福利。</blockquote></p><p> <a href=\"https://laohu8.com/S/MMM\">3M</a> – 3M fell 1.5% in the premarket after J.P. Morgan Securities downgraded the stock to “neutral” from “overweight,” citing a lack of “fundamental direction” for the company.</p><p><blockquote><a href=\"https://laohu8.com/S/MMM\">3M</a>- 摩根大通证券（J.P. Morgan Securities）将 3M 股票评级从 “跑赢大盘 ”下调至 “中性”，理由是该公司缺乏 “基本面方向”。</blockquote></p><p> <a href=\"https://laohu8.com/S/ROP\">Roper</a> – Roper is selling its engineering solutions unit TransCore to Singapore Technologies Engineering for $2.68 billion. TransCore focuses on safety solutions for roads, bridges and tunnels.</p><p><blockquote><a href=\"https://laohu8.com/S/ROP\">罗珀</a>– Roper 将以 26.8 亿美元将其工程解决方案部门 TransCore 出售给新加坡科技工程公司。TransCore专注于道路、桥梁和隧道的安全解决方案。</blockquote></p><p> <a href=\"https://laohu8.com/S/JNJ\">Johnson &amp; Johnson</a> – Johnson &amp; Johnson is planning to ask the Food and Drug Administration this week to authorize a booster shot for its Covid-19 vaccine, according to The New York Times citing officials familiar with the company’s plans.</p><p><blockquote><a href=\"https://laohu8.com/S/JNJ\">强生公司</a>- 据《纽约时报》援引熟悉该公司计划的官员的话报道，强生公司计划本周请求美国食品和药物管理局批准其 Covid-19 疫苗的加强注射。</blockquote></p><p> <a href=\"https://laohu8.com/S/AMZN\">Amazon.com</a> – Amazon released what it is billing as “Black Friday-worthy” deals – nearly eight weeks before the actual Black Friday date. Amazon also announced a program that will allow Prime members to send gifts using just a mobile phone number or email, without having to know the recipient’s address.</p><p><blockquote><a href=\"https://laohu8.com/S/AMZN\">亚马逊</a>- 亚马逊发布了所谓的 “值得黑色星期五 ”优惠--比实际的黑色星期五日期提前了近八周。亚马逊还宣布了一项计划，允许 Prime 会员只需使用手机号码或电子邮件即可发送礼物，而无需知道收件人的地址。</blockquote></p><p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Toplines Before US Market Open on Monday<blockquote>周一美国市场开盘前的顶线</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\">\nToplines Before US Market Open on Monday<blockquote>周一美国市场开盘前的顶线</blockquote>\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time smaller\">2021-10-04 20:09</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>U.S. stock futures traded lower in early pre-market trade after the Dow Jones climbed more than 480 points in the previous session.</p><p><blockquote>道琼斯指数在前一交易日攀升超过 480 点后，美国股指期货在盘前早盘交易中走低。</blockquote></p><p> At 8:05 a.m. ET, Dow E-minis were down 125 points, or 0.37%, S&amp;P 500 E-minis were down 19.5 points, or 0.45% and Nasdaq 100 E-minis were down 85.5 points, or 0.58%.</p><p><blockquote>美国东部时间上午 8:05，道琼斯电子迷你指数下跌 125 点，跌幅 0.37%，标普500电子迷你指数下跌 19.5 点，跌幅 0.45%，纳斯达克 100 电子迷你指数下跌 85.5 点，跌幅 0.58%。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/04fb4578a50d3db43114ef3a17162000\" tg-width=\"791\" tg-height=\"267\" referrerpolicy=\"no-referrer\"><span>*Source From Tiger Trade, EST 08:05</span></p><p><blockquote><p class=\"t-img-caption\"><span>*资料来源：Tiger Trade，美国东部时间 08:05</span></p></blockquote></p><p> Investors also kept close watch on rising U.S. Treasury yields after data last week showed increased consumer spending, accelerated factory activity and elevated inflation growth, which could help push the Federal Reserve towards tightening its accommodative monetary policy sooner than expected.</p><p><blockquote>上周数据显示消费者支出增加、工厂活动加速和通胀增长上升，这可能有助于推动美联储比预期更早收紧宽松货币政策，投资者还密切关注美国国债收益率上升。</blockquote></p><p> <b>Stocks making the biggest moves in the premarket:</b></p><p><blockquote><b>盘前涨幅最大的股票：</b></blockquote></p><p> <a href=\"https://laohu8.com/S/TSLA\">Tesla Motors</a> – Tesla shares rose 3% in the premarket after the company announcedit delivered 241,300 vehiclesduring the third quarter, its most ever for a quarter and a 73% increase over the same quarter a year ago.</p><p><blockquote><a href=\"https://laohu8.com/S/TSLA\">特斯拉</a>– 特斯拉股价在盘前上涨 3%，此前该公司宣布第三季度交付了 241,300 辆汽车，这是有史以来一个季度交付量最高的一次，比去年同期增长了 73%。</blockquote></p><p> <a href=\"https://laohu8.com/S/MRNA\">Moderna, Inc.</a> ,<a href=\"https://laohu8.com/S/NVAX\">Novavax</a> – Moderna and Novavax shares are under pressure once again this morning. Both Covid-19 vaccine makers saw double-digit percentage losses Friday, following news ofMerck’s(MRK) successful late-stage trial for its new anti-viral pill. Moderna fell 4% in premarket trading, while Novavax slid 3.3%. Merck rallied another 2.7% in the premarket following Friday’s 8.4% surge.</p><p><blockquote><a href=\"https://laohu8.com/S/MRNA\">现代公司。</a>,<a href=\"https://laohu8.com/S/NVAX\">诺瓦瓦克斯</a>– Moderna 和 Novavax 的股价今天早上再次面临压力。在默克公司（MRK）的新型抗病毒药物后期试验取得成功的消息传出后，两家 Covid-19 疫苗制造商周五都出现了两位数的亏损。Moderna 在盘前交易中下跌 4%，Novavax 下跌 3.3%。继周五大涨 8.4% 之后，默克公司在盘前又上涨了 2.7%。</blockquote></p><p> <a href=\"https://laohu8.com/S/GM\">General Motors</a> – Hedge fund Engine No. 1 announced its support for GM’s goal to have a 100% electric car portfolio by 2035, as well as an investment in the automaker. Engine No. 1 gained prominence earlier this year by successfully placing three climate-focused independent directors onExxon Mobil’s(XOM) board.</p><p><blockquote><a href=\"https://laohu8.com/S/GM\">通用汽车</a>- 对冲基金 Engine No. 1 宣布支持通用汽车到 2035 年实现 100% 电动汽车产品组合的目标，并对该汽车制造商进行投资。今年早些时候，Engine No.1 成功地将三名关注气候问题的独立董事纳入埃克森美孚（XOM）董事会，从而声名鹊起。</blockquote></p><p> <a href=\"https://laohu8.com/S/DAL\">Delta Air Lines</a> – Delta reinstated its original third-quarter revenue forecast, after cutting it a month ago. CEO Ed Bastian said ticket sales stabilized and then improved, and the airline is also expecting 2022 domestic bookings to surpass pre-pandemic levels. Delta will report third-quarter results on October 13.</p><p><blockquote><a href=\"https://laohu8.com/S/DAL\">达美航空</a>– 达美航空在一个月前下调了第三季度收入预测后，恢复了最初的第三季度收入预测。首席执行官埃德·巴斯蒂安表示，机票销售趋于稳定，然后有所改善，该航空公司还预计2022年国内预订量将超过大流行前的水平。达美航空将于10月13日公布第三季度业绩。</blockquote></p><p> <a href=\"https://laohu8.com/S/LUV\">Southwest Airlines</a> – Southwest added 1.4% in premarket trading after Barclays upgraded the stock to “overweight” from “equal weight,” saying it sees bluer skies ahead for airlines and that it favors low-cost, low-fare carriers like Southwest.</p><p><blockquote><a href=\"https://laohu8.com/S/LUV\">西南航空公司</a>- 西南航空在盘前交易中上涨了 1.4%，此前巴克莱银行将西南航空的股票评级从 “同等权重 ”上调至 “跑赢大盘 ”，称巴克莱银行认为航空公司的未来将更加蓝天，并青睐像西南航空这样的低成本、低票价航空公司。</blockquote></p><p> <a href=\"https://laohu8.com/S/SLF\">Sun Life</a> – The financial services company struck a deal to buy oral health care provider DentaQuest for $2.47 billion in cash. The transaction is aimed at increasing Sun Life’s employee benefits offerings.</p><p><blockquote><a href=\"https://laohu8.com/S/SLF\">太阳人寿</a>– 这家金融服务公司达成协议，以 24.7 亿美元现金收购口腔保健提供商 DentaQuest。此次交易旨在增加永明人寿的员工福利。</blockquote></p><p> <a href=\"https://laohu8.com/S/MMM\">3M</a> – 3M fell 1.5% in the premarket after J.P. Morgan Securities downgraded the stock to “neutral” from “overweight,” citing a lack of “fundamental direction” for the company.</p><p><blockquote><a href=\"https://laohu8.com/S/MMM\">3M</a>- 摩根大通证券（J.P. Morgan Securities）将 3M 股票评级从 “跑赢大盘 ”下调至 “中性”，理由是该公司缺乏 “基本面方向”。</blockquote></p><p> <a href=\"https://laohu8.com/S/ROP\">Roper</a> – Roper is selling its engineering solutions unit TransCore to Singapore Technologies Engineering for $2.68 billion. TransCore focuses on safety solutions for roads, bridges and tunnels.</p><p><blockquote><a href=\"https://laohu8.com/S/ROP\">罗珀</a>– Roper 将以 26.8 亿美元将其工程解决方案部门 TransCore 出售给新加坡科技工程公司。TransCore专注于道路、桥梁和隧道的安全解决方案。</blockquote></p><p> <a href=\"https://laohu8.com/S/JNJ\">Johnson &amp; Johnson</a> – Johnson &amp; Johnson is planning to ask the Food and Drug Administration this week to authorize a booster shot for its Covid-19 vaccine, according to The New York Times citing officials familiar with the company’s plans.</p><p><blockquote><a href=\"https://laohu8.com/S/JNJ\">强生公司</a>- 据《纽约时报》援引熟悉该公司计划的官员的话报道，强生公司计划本周请求美国食品和药物管理局批准其 Covid-19 疫苗的加强注射。</blockquote></p><p> <a href=\"https://laohu8.com/S/AMZN\">Amazon.com</a> – Amazon released what it is billing as “Black Friday-worthy” deals – nearly eight weeks before the actual Black Friday date. Amazon also announced a program that will allow Prime members to send gifts using just a mobile phone number or email, without having to know the recipient’s address.</p><p><blockquote><a href=\"https://laohu8.com/S/AMZN\">亚马逊</a>- 亚马逊发布了所谓的 “值得黑色星期五 ”优惠--比实际的黑色星期五日期提前了近八周。亚马逊还宣布了一项计划，允许 Prime 会员只需使用手机号码或电子邮件即可发送礼物，而无需知道收件人的地址。</blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index",".DJI":"道琼斯"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1158164825","content_text":"U.S. stock futures traded lower in early pre-market trade after the Dow Jones climbed more than 480 points in the previous session.\nAt 8:05 a.m. ET, Dow E-minis were down 125 points, or 0.37%, S&P 500 E-minis were down 19.5 points, or 0.45% and Nasdaq 100 E-minis were down 85.5 points, or 0.58%.\n*Source From Tiger Trade, EST 08:05\nInvestors also kept close watch on rising U.S. Treasury yields after data last week showed increased consumer spending, accelerated factory activity and elevated inflation growth, which could help push the Federal Reserve towards tightening its accommodative monetary policy sooner than expected.\nStocks making the biggest moves in the premarket:\nTesla Motors – Tesla shares rose 3% in the premarket after the company announcedit delivered 241,300 vehiclesduring the third quarter, its most ever for a quarter and a 73% increase over the same quarter a year ago.\nModerna, Inc. ,Novavax – Moderna and Novavax shares are under pressure once again this morning. Both Covid-19 vaccine makers saw double-digit percentage losses Friday, following news ofMerck’s(MRK) successful late-stage trial for its new anti-viral pill. Moderna fell 4% in premarket trading, while Novavax slid 3.3%. Merck rallied another 2.7% in the premarket following Friday’s 8.4% surge.\nGeneral Motors – Hedge fund Engine No. 1 announced its support for GM’s goal to have a 100% electric car portfolio by 2035, as well as an investment in the automaker. Engine No. 1 gained prominence earlier this year by successfully placing three climate-focused independent directors onExxon Mobil’s(XOM) board.\nDelta Air Lines – Delta reinstated its original third-quarter revenue forecast, after cutting it a month ago. CEO Ed Bastian said ticket sales stabilized and then improved, and the airline is also expecting 2022 domestic bookings to surpass pre-pandemic levels. Delta will report third-quarter results on October 13.\nSouthwest Airlines – Southwest added 1.4% in premarket trading after Barclays upgraded the stock to “overweight” from “equal weight,” saying it sees bluer skies ahead for airlines and that it favors low-cost, low-fare carriers like Southwest.\nSun Life – The financial services company struck a deal to buy oral health care provider DentaQuest for $2.47 billion in cash. The transaction is aimed at increasing Sun Life’s employee benefits offerings.\n3M – 3M fell 1.5% in the premarket after J.P. Morgan Securities downgraded the stock to “neutral” from “overweight,” citing a lack of “fundamental direction” for the company.\nRoper – Roper is selling its engineering solutions unit TransCore to Singapore Technologies Engineering for $2.68 billion. TransCore focuses on safety solutions for roads, bridges and tunnels.\nJohnson & Johnson – Johnson & Johnson is planning to ask the Food and Drug Administration this week to authorize a booster shot for its Covid-19 vaccine, according to The New York Times citing officials familiar with the company’s plans.\nAmazon.com – Amazon released what it is billing as “Black Friday-worthy” deals – nearly eight weeks before the actual Black Friday date. Amazon also announced a program that will allow Prime members to send gifts using just a mobile phone number or email, without having to know the recipient’s address.","news_type":1,"symbols_score_info":{".SPX":0.9,".DJI":0.9,".IXIC":0.9}},"isVote":1,"tweetType":1,"viewCount":4485,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":831550518,"gmtCreate":1629336548734,"gmtModify":1631891161770,"author":{"id":"3581892318324369","authorId":"3581892318324369","name":"tjseng","avatar":"https://static.tigerbbs.com/916d5c4f8dda4d6d5e4723b340f9a377","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581892318324369","authorIdStr":"3581892318324369"},"themes":[],"title":"","htmlText":"<a href=\"https://laohu8.com/S/CRBU\">$Caribou Biosciences(CRBU)$</a>Good stock with strong team&nbsp;","listText":"<a href=\"https://laohu8.com/S/CRBU\">$Caribou Biosciences(CRBU)$</a>Good stock with strong team&nbsp;","text":"$Caribou Biosciences(CRBU)$Good stock with strong team","images":[{"img":"https://static.tigerbbs.com/6f6dfce60e4c963221f5795bb4bc423c","width":"1125","height":"1601"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/831550518","isVote":1,"tweetType":1,"viewCount":2512,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":158781402,"gmtCreate":1625182263606,"gmtModify":1633942889412,"author":{"id":"3581892318324369","authorId":"3581892318324369","name":"tjseng","avatar":"https://static.tigerbbs.com/916d5c4f8dda4d6d5e4723b340f9a377","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581892318324369","authorIdStr":"3581892318324369"},"themes":[],"title":"","htmlText":"Thank u, tiger","listText":"Thank u, tiger","text":"Thank u, tiger","images":[{"img":"https://static.tigerbbs.com/a6ff67169066d89313d39d2bb907c3cf","width":"750","height":"1238"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/158781402","isVote":1,"tweetType":1,"viewCount":2439,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":127189431,"gmtCreate":1624839682223,"gmtModify":1633948226478,"author":{"id":"3581892318324369","authorId":"3581892318324369","name":"tjseng","avatar":"https://static.tigerbbs.com/916d5c4f8dda4d6d5e4723b340f9a377","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581892318324369","authorIdStr":"3581892318324369"},"themes":[],"title":"","htmlText":"Company with good records and innovation [Smile]&nbsp;","listText":"Company with good records and innovation [Smile]&nbsp;","text":"Company with good records and innovation [Smile]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/127189431","repostId":"1104974895","repostType":4,"repost":{"id":"1104974895","kind":"news","pubTimestamp":1624764940,"share":"https://www.laohunote.com/m/news/1104974895?lang=zh_CN&edition=full","pubTime":"2021-06-27 11:35","market":"us","language":"en","title":"Microsoft Rides Its Cloud Business to a $2 Trillion Market Cap. It’s Not Done Yet.<blockquote>微软的云业务市值达到了 2 万亿美元。还没完成。</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1104974895","media":"Barrons","summary":"Microsoft is now the second company to boast a $2 trillion market capitalization, following Apple,wh","content":"<p>Microsoft&nbsp;is now the second company to boast a $2 trillion market capitalization, following&nbsp;Apple,which breached that level last August. And Microsoft may go higher yet.</p><p><blockquote>微软现在是继去年 8 月突破这一水平的苹果之后第二家拥有 2 万亿美元市值的公司。微软可能还会走高。</blockquote></p><p> Wedbush analyst Daniel Ives this past week reiterated his Outperform rating on the software giant, lifting his price target on the shares to $325 from $310. That represents a potential gain of more than 20%, which would take the company’s market value to $2.4 trillion. His enthusiasm for the stock is driven by Microsoft’s cloud business, Azure.</p><p><blockquote>Wedbush 分析师丹尼尔·艾夫斯 (Daniel Ives) 上周重申了他对这家软件巨头的跑赢大盘评级，将该股目标价从 310 美元上调至 325 美元。这意味着潜在收益将超过 20%，公司市值将达到 2.4 万亿美元。他对这只股票的热情是由微软的云业务 Azure 推动的。</blockquote></p><p> On Wednesday, Microsoft shares inched up 0.1% to $265.79, a new high, boosting its market cap to $2.004 trillion. (Apple is at roughly $2.2 trillion.) Ives notes that June channel checks find improving demand for Azure. “The Azure cloud growth story is hitting its next gear of growth,” he writes. “We are seeing deal sizes continue to increase markedly as enterprisewide digital transformation shifts are accelerating with CIOs all focused on readying their respective enterprises for a cloud-driven architecture.”</p><p><blockquote>周三，微软股价小幅上涨 0.1%，至 265.79 美元，创下新高，市值达到 2.004 万亿美元。（苹果的市值约为 2.2 万亿美元。）艾夫斯指出，6 月份的渠道检查发现对 Azure 的需求有所改善。“他写道：”Azure 云的增长故事正在进入下一个增长阶段。“随着企业范围内的数字化转型转型加速，首席信息官们都专注于让各自的企业为云驱动的架构做好准备，我们看到交易规模将继续显著增加。”</blockquote></p><p> Wall Street concerns that cloud growth will moderate coming out of the pandemic run counter to the deal activity Microsoft is seeing, Ives writes, noting that June-quarter results appear to be “robust.” He thinks Microsoft is still only about 35% into the conversion of its installed application base into the cloud.</p><p><blockquote>艾夫斯写道，华尔街担心大流行病后的云增长会放缓，这与微软的交易活动背道而驰，并指出 6 月份的季度业绩似乎 “强劲”。他认为微软将其安装的应用程序基础转化为云的进度仍然只有大约35%。</blockquote></p><p> Ives sees continuing global “digital transformation” as a $1 trillion opportunity, and says Microsoft will disproportionately benefit. “Microsoft remains our favorite large-cap cloud play and we believe the stock will start to move higher over the coming quarters...,” he writes. “The growth story at Microsoft is not slowing down.”</p><p><blockquote>艾夫斯认为，持续的全球 “数字化转型 ”是一个价值 1 万亿美元的机遇，并表示微软将从中受益不成比例。“他写道：”微软仍然是我们最喜欢的大盘云公司，我们相信该股将在未来几个季度开始走高。“微软的增长故事并没有放缓”。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/19e4bb0961389beaa2711931e02dc060\" tg-width=\"970\" tg-height=\"672\"><img src=\"https://static.tigerbbs.com/1a62e0638b1f4f9c28301e4d93721571\" tg-width=\"981\" tg-height=\"684\"></p><p><blockquote></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>Microsoft Rides Its Cloud Business to a $2 Trillion Market Cap. It’s Not Done Yet.<blockquote>微软的云业务市值达到了 2 万亿美元。还没完成。</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nMicrosoft Rides Its Cloud Business to a $2 Trillion Market Cap. It’s Not Done Yet.<blockquote>微软的云业务市值达到了 2 万亿美元。还没完成。</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Barrons</strong><span class=\"h-time small\">2021-06-27 11:35</span>\n</p>\n</h4>\n</header>\n<article>\n<p>Microsoft&nbsp;is now the second company to boast a $2 trillion market capitalization, following&nbsp;Apple,which breached that level last August. And Microsoft may go higher yet.</p><p><blockquote>微软现在是继去年 8 月突破这一水平的苹果之后第二家拥有 2 万亿美元市值的公司。微软可能还会走高。</blockquote></p><p> Wedbush analyst Daniel Ives this past week reiterated his Outperform rating on the software giant, lifting his price target on the shares to $325 from $310. That represents a potential gain of more than 20%, which would take the company’s market value to $2.4 trillion. His enthusiasm for the stock is driven by Microsoft’s cloud business, Azure.</p><p><blockquote>Wedbush 分析师丹尼尔·艾夫斯 (Daniel Ives) 上周重申了他对这家软件巨头的跑赢大盘评级，将该股目标价从 310 美元上调至 325 美元。这意味着潜在收益将超过 20%，公司市值将达到 2.4 万亿美元。他对这只股票的热情是由微软的云业务 Azure 推动的。</blockquote></p><p> On Wednesday, Microsoft shares inched up 0.1% to $265.79, a new high, boosting its market cap to $2.004 trillion. (Apple is at roughly $2.2 trillion.) Ives notes that June channel checks find improving demand for Azure. “The Azure cloud growth story is hitting its next gear of growth,” he writes. “We are seeing deal sizes continue to increase markedly as enterprisewide digital transformation shifts are accelerating with CIOs all focused on readying their respective enterprises for a cloud-driven architecture.”</p><p><blockquote>周三，微软股价小幅上涨 0.1%，至 265.79 美元，创下新高，市值达到 2.004 万亿美元。（苹果的市值约为 2.2 万亿美元。）艾夫斯指出，6 月份的渠道检查发现对 Azure 的需求有所改善。“他写道：”Azure 云的增长故事正在进入下一个增长阶段。“随着企业范围内的数字化转型转型加速，首席信息官们都专注于让各自的企业为云驱动的架构做好准备，我们看到交易规模将继续显著增加。”</blockquote></p><p> Wall Street concerns that cloud growth will moderate coming out of the pandemic run counter to the deal activity Microsoft is seeing, Ives writes, noting that June-quarter results appear to be “robust.” He thinks Microsoft is still only about 35% into the conversion of its installed application base into the cloud.</p><p><blockquote>艾夫斯写道，华尔街担心大流行病后的云增长会放缓，这与微软的交易活动背道而驰，并指出 6 月份的季度业绩似乎 “强劲”。他认为微软将其安装的应用程序基础转化为云的进度仍然只有大约35%。</blockquote></p><p> Ives sees continuing global “digital transformation” as a $1 trillion opportunity, and says Microsoft will disproportionately benefit. “Microsoft remains our favorite large-cap cloud play and we believe the stock will start to move higher over the coming quarters...,” he writes. “The growth story at Microsoft is not slowing down.”</p><p><blockquote>艾夫斯认为，持续的全球 “数字化转型 ”是一个价值 1 万亿美元的机遇，并表示微软将从中受益不成比例。“他写道：”微软仍然是我们最喜欢的大盘云公司，我们相信该股将在未来几个季度开始走高。“微软的增长故事并没有放缓”。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/19e4bb0961389beaa2711931e02dc060\" tg-width=\"970\" tg-height=\"672\"><img src=\"https://static.tigerbbs.com/1a62e0638b1f4f9c28301e4d93721571\" tg-width=\"981\" tg-height=\"684\"></p><p><blockquote></blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.barrons.com/articles/microsoft-market-cap-51624670572?mod=RTA\">Barrons</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"MSFT":"微软"},"source_url":"https://www.barrons.com/articles/microsoft-market-cap-51624670572?mod=RTA","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1104974895","content_text":"Microsoft is now the second company to boast a $2 trillion market capitalization, following Apple,which breached that level last August. And Microsoft may go higher yet.\nWedbush analyst Daniel Ives this past week reiterated his Outperform rating on the software giant, lifting his price target on the shares to $325 from $310. That represents a potential gain of more than 20%, which would take the company’s market value to $2.4 trillion. His enthusiasm for the stock is driven by Microsoft’s cloud business, Azure.\nOn Wednesday, Microsoft shares inched up 0.1% to $265.79, a new high, boosting its market cap to $2.004 trillion. (Apple is at roughly $2.2 trillion.) Ives notes that June channel checks find improving demand for Azure. “The Azure cloud growth story is hitting its next gear of growth,” he writes. “We are seeing deal sizes continue to increase markedly as enterprisewide digital transformation shifts are accelerating with CIOs all focused on readying their respective enterprises for a cloud-driven architecture.”\nWall Street concerns that cloud growth will moderate coming out of the pandemic run counter to the deal activity Microsoft is seeing, Ives writes, noting that June-quarter results appear to be “robust.” He thinks Microsoft is still only about 35% into the conversion of its installed application base into the cloud.\nIves sees continuing global “digital transformation” as a $1 trillion opportunity, and says Microsoft will disproportionately benefit. “Microsoft remains our favorite large-cap cloud play and we believe the stock will start to move higher over the coming quarters...,” he writes. “The growth story at Microsoft is not slowing down.”","news_type":1,"symbols_score_info":{"MSFT":0.9}},"isVote":1,"tweetType":1,"viewCount":3826,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":124621987,"gmtCreate":1624763096249,"gmtModify":1633948926214,"author":{"id":"3581892318324369","authorId":"3581892318324369","name":"tjseng","avatar":"https://static.tigerbbs.com/916d5c4f8dda4d6d5e4723b340f9a377","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581892318324369","authorIdStr":"3581892318324369"},"themes":[],"title":"","htmlText":"Will take a closer look","listText":"Will take a closer look","text":"Will take a closer look","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/124621987","repostId":"1140044383","repostType":4,"isVote":1,"tweetType":1,"viewCount":3519,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":124620340,"gmtCreate":1624762960980,"gmtModify":1633948929174,"author":{"id":"3581892318324369","authorId":"3581892318324369","name":"tjseng","avatar":"https://static.tigerbbs.com/916d5c4f8dda4d6d5e4723b340f9a377","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581892318324369","authorIdStr":"3581892318324369"},"themes":[],"title":"","htmlText":"Chinese technology now&nbsp;being&nbsp;more&nbsp;innovative&nbsp;","listText":"Chinese technology now&nbsp;being&nbsp;more&nbsp;innovative&nbsp;","text":"Chinese technology now being more innovative","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/124620340","repostId":"1137119316","repostType":4,"repost":{"id":"1137119316","kind":"news","pubTimestamp":1624754401,"share":"https://www.laohunote.com/m/news/1137119316?lang=zh_CN&edition=full","pubTime":"2021-06-27 08:40","market":"us","language":"en","title":"Ford Or NIO? The Final Verdict<blockquote>福特还是蔚来？最终判决</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1137119316","media":"seekingalpha","summary":"I am comparing Ford against NIO in different categories.The comparison is intended to improve the understanding of Ford's and NIO's growth potential while highlighting differences in market position and opportunities.NIO is growing a lot faster than Ford and the high valuation may be justified.With Ford  launching a major offensive in the market for electric vehicles, Chinese EV maker NIO  will face one more rival competing for sales in the future. Which vehicle maker offers the best deal based ","content":"<p><b>Summary</b></p><p><blockquote><b>总结</b></blockquote></p><p> <ul>  <li>I am comparing Ford against NIO in different categories.</li>  <li>The comparison is intended to improve the understanding of Ford's and NIO's growth potential while highlighting differences in market position and opportunities.</li>  <li>NIO is growing a lot faster than Ford and the high valuation may be justified.</li> </ul> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/5033fa117d7852799244b8275bc1000f\" tg-width=\"1536\" tg-height=\"886\"><span>peterschreiber.media/iStock via Getty Images</span></p><p><blockquote><ul><li>我在不同的类别中比较福特和蔚来。</li><li>此次比较旨在增进对福特和蔚来增长潜力的了解，同时突出市场地位和机遇的差异。</li><li>蔚来的增长速度比福特快得多，高估值可能是合理的。</li></ul><p class=\"t-img-caption\"><span>peterschreiber.media/iStock 来自盖蒂图片社</span></p></blockquote></p><p> With Ford (F) launching a major offensive in the market for electric vehicles, Chinese EV maker NIO (NIO) will face one more rival competing for sales in the future. Which vehicle maker offers the best deal based on market opportunity, scale, revenue model, growth prospects and valuation? I will compare Ford against NIO in each category and issue a final verdict at the end.</p><p><blockquote>随着福特公司（F）在电动汽车市场发起重大攻势，中国电动汽车制造商蔚来（蔚来）未来将面临另一个竞争对手争夺销量。根据市场机会、规模、收入模式、增长前景和估值，哪家汽车制造商提供了最好的交易？我将在每个类别中比较福特和蔚来，并在最后给出最终结论。</blockquote></p><p> <b>Ford vs. NIO: The battle for the global electric vehicle market is heating up</b></p><p><blockquote><b>福特与蔚来：全球电动汽车市场之争正在升温</b></blockquote></p><p> Although there is a world of difference between Ford and NIO, both companies are set to go toe-to-toe in the rapidly growing global electric vehicle market. Ford’s fleet is not yet EV-focused but this is going to change: Feeling that the EV race is heating up, Ford said it is accelerating its electrification plan by investing&nbsp;$30B into its EV manufacturing capabilities until 2025. Ford’s previous capital plan called for a $22B investment in zero-emission vehicles. Ford also set an ambitious sales goal: 40% of its global sales will be electric within the next decade and 33% of pickup truck sales. Electric vehicle sales account for just 1% of Ford's sales today. As Ford is phasing out combustion engines, it is set to evolve into an all-electric vehicle maker by 2040.</p><p><blockquote>尽管福特和蔚来之间存在天壤之别，但两家公司都将在快速增长的全球电动汽车市场展开较量。福特的车队还没有以电动汽车为重点，但这种情况将会改变： 福特感觉到电动汽车竞赛正在升温，因此表示将加快其电气化计划，在 2025 年前投资 300 亿美元用于电动汽车制造能力。福特之前的资本计划要求投资 220 亿美元用于零排放汽车。福特还设定了一个雄心勃勃的销售目标：未来十年，其全球销量的 40% 将是电动汽车，皮卡车销量的 33% 将是电动汽车。目前，电动汽车销量仅占福特销量的 1%。随着福特逐步淘汰内燃机，它将在 2040 年发展成为一家全电动汽车制造商。</blockquote></p><p> <b>Market opportunity</b></p><p><blockquote><b>市场机会</b></blockquote></p><p> In 2020, 3.2m electric vehicles were sold in the world which represented a small market share of just 4.2%. China, however, was responsible for buying 41% of all electric vehicles in the world in 2020. Chinese buyers purchased 1.3m electric vehicles last year and sales are set to grow fast as Beijing seeks to boost EV adoption. The second largest market for electric vehicles was Europe which accounted for 42% of global EV sales. The US is only the third-largest market for plug-in electric vehicles in the world.</p><p><blockquote>2020年，全球电动汽车销量为320万辆，市场份额仅为4.2%。然而，2020 年，中国购买了全球 41% 的电动汽车。去年，中国买家购买了 130 万辆电动汽车，随着北京寻求促进电动汽车的普及，销量将快速增长。电动汽车的第二大市场是欧洲，占全球电动汽车销量的42%。美国只是全球第三大插电式电动汽车市场。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/b48c23b32134542f51227d9b1b612887\" tg-width=\"1083\" tg-height=\"863\"><span>(Source: Wikipedia)</span></p><p><blockquote><p class=\"t-img-caption\"><span>（来源：维基百科）</span></p></blockquote></p><p> China, by far, is the fastest growing EV market in the world, although Europe is catching up fast, in part due to a legislative efforts to increase adoption of zero-emission passenger vehicles and because of massive investments in a Europe-wide charging station network. NIO is&nbsp;on the cusp of entering the European market&nbsp;in a bid to grow market share in the world’s second-largest EV market before the competition is ready.</p><p><blockquote>到目前为止，中国是世界上增长最快的电动汽车市场，尽管欧洲正在迅速迎头赶上，部分原因是立法努力增加零排放乘用车的采用，以及对欧洲范围内充电站网络的大量投资。蔚来正处于进军欧洲市场的风口浪尖，希望在竞争准备就绪之前扩大其在世界第二大电动汽车市场的市场份额。</blockquote></p><p> Beijing is a driver behind the electrification of the Chinese auto industry: The government wants to see a&nbsp;twenty percent share&nbsp;of electric vehicles for new car sales by 2025 which will drive EV penetration in NIO’s home market.</p><p><blockquote>中国政府是蔚来汽车工业电气化的推动者： 中国政府希望到 2025 年，电动汽车在新车销售中所占份额达到 20%，这将推动电动汽车在中国本土市场的普及。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/9871e44eaf69adb27151425887870ace\" tg-width=\"739\" tg-height=\"454\"><span>(Source:Schroders)</span></p><p><blockquote><p class=\"t-img-caption\"><span>（来源：施罗德）</span></p></blockquote></p><p> Turning to growth projections.</p><p><blockquote>转向增长预测。</blockquote></p><p> With more favorable government policies for EV makers in places like China and Europe, these markets are poised to see the fastest sales growth and the highest EV adoption rates in the world. China is not only the largest market due to population size but is also expected to outperform all other markets in the world in EV sales until 2030.</p><p><blockquote>随着中国和欧洲等地政府对电动汽车制造商采取更有利的政策，这些市场将迎来世界上最快的销售增长和最高的电动汽车采用率。由于人口规模，中国不仅是最大的市场，而且预计到2030年，电动汽车销量将超过全球所有其他市场。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/61d19dff2f34e2d8828aca854e85d84a\" tg-width=\"825\" tg-height=\"565\"><span>(Source:McKinsey)</span></p><p><blockquote><p class=\"t-img-caption\"><span>（来源：麦肯锡）</span></p></blockquote></p><p> Since China has a larger total market size, a higher EV adoption rate, stronger expected sales growth and a more favorable regulatory framework, the winner here would be: NIO.</p><p><blockquote>由于中国拥有更大的总市场规模、更高的电动汽车采用率、更强劲的预期销售增长和更有利的监管框架，这里的赢家将是：蔚来。</blockquote></p><p> <b>Scale and manufacturing competence</b></p><p><blockquote><b>规模和制造能力</b></blockquote></p><p> Ford has a century’s worth of manufacturing experience. But Ford, so far, has only one all-electric vehicle in its product line-up that compares to NIO: The Mustang Mach-E SUV. In 2022, Ford will begin to sell the all-electric F-150 Lightening which builds on the success of Ford’s best-selling pick-up truck. NIO already has a stronger product catalog including the 5-seater ES6 SUV, the 5-seater coupe SUV EC6 and the ES8, a 6-seater and 7-seater full-sized SUV.</p><p><blockquote>福特拥有百年的制造经验。但到目前为止，福特的产品阵容中只有一款与蔚来相比的全电动汽车：野马 Mach-E SUV。2022 年，福特将开始销售全电动 F-150 Lightening，该车建立在福特最畅销皮卡车的成功基础上。蔚来已经拥有更强大的产品目录，包括5座ES6 SUV、5座轿跑车SUV EC6以及6座和7座全尺寸SUV ES8。</blockquote></p><p></p><p> Since NIO is solely focused on producing EVs and occupies a very small and defined niche, the Chinese firm has an advantage as far as EV-manufacturing expertise goes. The question is how long this advantage can last. Ford has extensive experience in building cars and can leverage a global manufacturing base to ramp up EV production faster than any niche EV maker could ever hope to achieve. This makes Ford a very serious rival not only to Tesla (TSLA) in the US, but also to NIO abroad. Ford is accelerating its electrification plans and it has the resources and the ambition to become a leader in EVs within the next decade. Ford’s proposed $30B spending on the electrification of its fleet will accelerate its transformation and turn Ford into a long term threat to other EV makers.</p><p><blockquote>由于蔚来只专注于生产电动汽车，并且占据了一个非常小且明确的利基市场，这家中国公司在电动汽车制造专业知识方面具有优势。问题是这种优势能持续多久。福特在制造汽车方面拥有丰富的经验，可以利用全球制造基地以比任何利基电动汽车制造商希望实现的速度更快地提高电动汽车产量。这使得福特不仅在美国是特斯拉（TSLA）的有力竞争对手，而且在国外也是蔚来的有力竞争对手。福特正在加速其电气化计划，它有资源和雄心在未来十年内成为电动汽车的领导者。福特提议斥资 300 亿美元用于车队电气化，这将加速其转型，并使福特成为其他电动汽车制造商的长期威胁。</blockquote></p><p> Winner here: Ford.</p><p><blockquote>这里的赢家：福特。</blockquote></p><p> <b>Differentiation and BaaS revenue model</b></p><p><blockquote><b>差异化与BaaS收入模式</b></blockquote></p><p> Both Ford and NIO know about the importance of differentiation in a market that will only get more competitive over time, which is why both companies are investing heavily in a related field that can break or solidify dominance in the EV market: Battery technology.</p><p><blockquote>福特和蔚来都知道差异化在这个市场中的重要性，随着时间的推移，这个市场只会变得更加竞争，这就是为什么两家公司都在一个相关领域大力投资，这个领域可以打破或巩固电动汽车市场的主导地位：电池技术。</blockquote></p><p> Ford is&nbsp;forming a joint venture&nbsp;with South Korean battery technology company SK Innovation to secure supply of traction battery cells and array modules. The joint venture is meant to accelerate battery deliveries and will produce approximately 60 GWh annually, enough to cover 25% of Ford’s estimated annual energy demand by 2030. NIO is also investing in battery technology and has&nbsp;formed its own joint venture&nbsp;to secure battery supply.</p><p><blockquote>福特正在与韩国电池技术公司 SK Innovation 成立一家合资企业，以确保牵引电池芯和阵列模块的供应。该合资企业旨在加快电池交付速度，年产量约为 60 GWh，足以满足福特到 2030 年预计年能源需求的 25%。蔚来也在投资电池技术，并组建了自己的合资企业来确保电池供应。</blockquote></p><p> The difference to Ford is that NIO’s battery investment strategy revolves around a battery subscription model, also called “battery-as-a-service”, which creates a strong, long term revenue opportunity for the Chinese vehicle maker. Under this “BaaS” model, users who buy a NIO electric vehicle get a 70,000 RMB initial discount, equivalent to $10,800, and can sign up for a monthly subscription to rent a rechargeable 70 kWh battery. Batteries can then be exchanged at one of NIO’s battery-swapping stations which can be found in most big Chinese cities. A battery subscription costs 980 RMB monthly which is the equivalent of $150.</p><p><blockquote>与福特不同的是，蔚来的电池投资战略围绕着电池订阅模式，也称为 “电池即服务 ”，这为这家中国汽车制造商创造了一个强大的长期收入机会。在这种 “BaaS” 模式下，用户购买蔚来电动汽车可获得 7 万元人民币的初始折扣，折合 1.08 万美元，并可签约包月租赁 70 千瓦时的可充电电池。然后可以在蔚来的换电站更换电池，这些换电站在中国大多数大城市都有。电池订阅费用为每月980元人民币，相当于150美元。</blockquote></p><p> The BaaS model has a couple of benefits for both the vehicle maker and the user: Purchasing an electric vehicle from NIO gets a lot more affordable due to the up-front discount and the subscription model ensures that users benefit from advancement in battery technology and better performance over time. Decoupling battery costs from vehicle prices creates an entirely new revenue stream on a subscription basis for NIO. Revenues from “BaaS” subscriptions could be used to increase the density of NIO’s network of charging/replacement stations. The battery subscription model also binds customers to NIO, potentially increasing customer lifetime value.</p><p><blockquote>BaaS模式对汽车制造商和用户都有几个好处：由于前期折扣，从蔚来购买电动汽车变得更加实惠，订阅模式确保用户受益于电池技术的进步和随着时间的推移更好的性能。将电池成本与汽车价格脱钩，为蔚来创造了一个全新的订阅收入流。“BaaS ”订阅的收入可用于增加蔚来充电/换电站网络的密度。电池订阅模式还将客户绑定到蔚来，从而潜在地增加客户的终身价值。</blockquote></p><p> Ford and NIO are primed to benefit from falling battery costs for electric vehicles as they ramp up capital allocations. As more investments flow into developing more efficient batteries, performance will go up and costs will go down which should drive EV adoption and benefit all EV makers. This is because lower battery prices make EVs more competitive to passenger vehicles with combustion engines. But since NIO is structuring a part of its business model explicitly around battery subscriptions, NIO could benefit more than Ford.</p><p><blockquote>随着福特和蔚来增加资本配置，它们有望从电动汽车电池成本下降中受益。随着越来越多的投资流入开发更高效的电池，性能将会提高，成本将会下降，这应该会推动电动汽车的采用并使所有电动汽车制造商受益。这是因为较低的电池价格使电动汽车比内燃机乘用车更具竞争力。但由于蔚来明确围绕电池订阅构建部分商业模式，蔚来可能会比福特受益更多。</blockquote></p><p> Battery costs for EVs have decreased 70% since 2014, based on information provided by investment firm Schroders, and are set to decrease more this decade.</p><p><blockquote>根据投资公司施罗德提供的信息，自 2014 年以来，电动汽车的电池成本已下降 70%，并且本十年还将进一步下降。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/c42acb75905affe7570a2f399ea3192f\" tg-width=\"758\" tg-height=\"449\"><span>(Source: Schroders)</span></p><p><blockquote><p class=\"t-img-caption\"><span>（来源：施罗德）</span></p></blockquote></p><p> The “BaaS” model is genius and could develop into a $500M a year revenue opportunity for NIO long term. Although Ford is ramping up its investments in battery technology, the winner in this category is: NIO.</p><p><blockquote>“BaaS ”模式是天才之作，从长远来看，它可能会发展成为蔚来每年 5 亿美元的收入机会。尽管福特正在加大对电池技术的投资，但这一类别的赢家是：蔚来。</blockquote></p><p> <b>Sales growth and valuation</b></p><p><blockquote><b>销售增长和估值</b></blockquote></p><p> Ford’s sales in May grew 4.1% Y/Y but electrified vehicle sales (including hybrids) surged 184% Y/Y as Ford sold a record 10,364 EVs/hybrids in May. Escape electrified sales and Explorer Hybrid grew sales at 125% and 132% Y/Y showing strong customer uptake. NIO delivered 6,711 vehicles last month including 3,017 ES6s, 1,412 ES8s and 2,282 EC6s. Total Y/Y delivery growth for May was 95.3%.</p><p><blockquote>福特 5 月份的销量同比增长 4.1%，但电动汽车销量（包括混合动力汽车）同比激增 184%，福特 5 月份售出了创纪录的 10,364 辆电动汽车/混合动力汽车。Escape electrified 和 Explorer Hybrid 的销量分别同比增长 125% 和 132%，显示出强劲的客户吸引力。蔚来上个月交付了 6,711 辆汽车，其中包括 3,017 辆 ES6、1,412 辆 ES8 和 2,282 辆 EC6。5 月份总交付量同比增长 95.3%。</blockquote></p><p> Ford's sales are fifty-four times larger than NIO's which creates more sales growth and revaluation potential for NIO.</p><p><blockquote>福特的销量是蔚来汽车的54倍，这为蔚来创造了更多的销售增长和重估潜力。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/df5a0a393e44ed74241c5effcdd92350\" tg-width=\"635\" tg-height=\"419\"><span>Data by YCharts</span></p><p><blockquote><p class=\"t-img-caption\"><span>数据由YCharts提供</span></p></blockquote></p><p></p><p> The difference in valuation between Ford and NIO is like the difference between night and day. This is because Ford is still seen as a mature vehicle maker with expected enterprise sales growth in the low-to-mid digits, despite explosive growth in the EV category. Ford is expected to grow revenues by 33% until FY 2025 (base year: FY 2020) and NIO by 808%!</p><p><blockquote>福特和蔚来之间的估值差异就像黑夜和白天之间的差异。这是因为尽管电动汽车类别实现了爆炸式增长，但福特仍被视为一家成熟的汽车制造商，预计企业销量增长将达到中低位数。福特预计到 2025 财年（基准年：2020 财年）收入将增长 33%，蔚来将增长 808%!</blockquote></p><p> Due to these differences in sales growth, NIO is the complete opposite of Ford, at least as far as valuation goes. The Chinese EV-maker is expected to see sales and delivery growth close to 100% this year and since NIO is only dealing in EVs, NIO gets a much higher market-cap-to-sales ratio than Ford.</p><p><blockquote>由于销售增长的这些差异，蔚来与福特完全相反，至少就估值而言是这样。这家中国电动汽车制造商预计今年的销量和交付量将增长接近 100%，由于蔚来只销售电动汽车，蔚来的市值与销量之比远高于福特。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/817605c6b1e82c03d0473ea570d32b8f\" tg-width=\"506\" tg-height=\"406\"><span>(Source: Author)</span></p><p><blockquote><p class=\"t-img-caption\"><span>（来源：作者）</span></p></blockquote></p><p> <b>NIO has larger risks...</b></p><p><blockquote><b>蔚来有更大的风险……</b></blockquote></p><p> NIO is the more risky venture, but also the one that offers the most promise. Government policy favors EV-makers like NIO. The potential for total global sales growth is larger for NIO as it operates from a smaller revenue base compared to Ford. But there are also a few things that work against NIO. For example, recalls due to production defects would be a much bigger challenge for NIO to overcome than for Ford which can rely on a global service and distribution network. NIO’s valuation is also not without risk as an unexpected slowing of sales growth due to production setbacks would leave a much larger dent in the financials.</p><p><blockquote>蔚来是风险更大的企业，但也是最有希望的企业。政府政策有利于蔚来等电动汽车制造商。与福特相比，蔚来的全球总销售额增长潜力更大，因为它的营收基础较小。但也有一些事情对蔚来不利。例如，与可以依赖全球服务和分销网络的福特相比，由于生产缺陷导致的召回对于蔚来来说将是一个更大的挑战。蔚来的估值也并非没有风险，因为生产受挫导致销售增长意外放缓，将对财务状况造成更大影响。</blockquote></p><p> <b>Final verdict</b></p><p><blockquote><b>最终判决</b></blockquote></p><p> NIO is definitely the more “sexy” vehicle maker. Strong adoption and sales growth in China and Europe support NIO. Its super smart BaaS model which decouples vehicle purchase prices from battery costs is genius. You pay a high price for this growth but the market opportunity for NIO is immense.</p><p><blockquote>蔚来绝对是更 “性感 ”的汽车制造商。在中国和欧洲的强劲采用率和销售增长支持了蔚来。其超级智能BaaS模型将车辆购买价格与电池成本脱钩，堪称天才。你为这种增长付出了高昂的代价，但蔚来的市场机会是巨大的。</blockquote></p><p> Ford’s EV sales are booming and the percentage of EV sales will increase as the vehicle maker electrifies its fleet. Ford has a lot of potential in the EV market but since EV sales are still a relatively low percentage of total sales, it will take a long time for Ford to complete its transformation.</p><p><blockquote>福特的电动汽车销量正在蓬勃发展，随着该汽车制造商车队电气化，电动汽车销量的比例也将不断增加。福特在电动汽车市场潜力巨大，但由于电动汽车销量占总销量的比例仍然相对较低，福特需要很长时间才能完成转型。</blockquote></p><p> If you believe in the potential of the global EV market, buy NIO. If you believe in the potential of the global EV market and don’t like much risk, buy Ford.</p><p><blockquote>如果您相信全球电动汽车市场的潜力，请购买蔚来。如果你相信全球电动汽车市场的潜力，又不喜欢太大的风险，那就买福特吧。</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>Ford Or NIO? The Final Verdict<blockquote>福特还是蔚来？最终判决</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\">\nFord Or NIO? The Final Verdict<blockquote>福特还是蔚来？最终判决</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">seekingalpha</strong><span class=\"h-time small\">2021-06-27 08:40</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>I am comparing Ford against NIO in different categories.</li>  <li>The comparison is intended to improve the understanding of Ford's and NIO's growth potential while highlighting differences in market position and opportunities.</li>  <li>NIO is growing a lot faster than Ford and the high valuation may be justified.</li> </ul> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/5033fa117d7852799244b8275bc1000f\" tg-width=\"1536\" tg-height=\"886\"><span>peterschreiber.media/iStock via Getty Images</span></p><p><blockquote><ul><li>我在不同的类别中比较福特和蔚来。</li><li>此次比较旨在增进对福特和蔚来增长潜力的了解，同时突出市场地位和机遇的差异。</li><li>蔚来的增长速度比福特快得多，高估值可能是合理的。</li></ul><p class=\"t-img-caption\"><span>peterschreiber.media/iStock 来自盖蒂图片社</span></p></blockquote></p><p> With Ford (F) launching a major offensive in the market for electric vehicles, Chinese EV maker NIO (NIO) will face one more rival competing for sales in the future. Which vehicle maker offers the best deal based on market opportunity, scale, revenue model, growth prospects and valuation? I will compare Ford against NIO in each category and issue a final verdict at the end.</p><p><blockquote>随着福特公司（F）在电动汽车市场发起重大攻势，中国电动汽车制造商蔚来（蔚来）未来将面临另一个竞争对手争夺销量。根据市场机会、规模、收入模式、增长前景和估值，哪家汽车制造商提供了最好的交易？我将在每个类别中比较福特和蔚来，并在最后给出最终结论。</blockquote></p><p> <b>Ford vs. NIO: The battle for the global electric vehicle market is heating up</b></p><p><blockquote><b>福特与蔚来：全球电动汽车市场之争正在升温</b></blockquote></p><p> Although there is a world of difference between Ford and NIO, both companies are set to go toe-to-toe in the rapidly growing global electric vehicle market. Ford’s fleet is not yet EV-focused but this is going to change: Feeling that the EV race is heating up, Ford said it is accelerating its electrification plan by investing&nbsp;$30B into its EV manufacturing capabilities until 2025. Ford’s previous capital plan called for a $22B investment in zero-emission vehicles. Ford also set an ambitious sales goal: 40% of its global sales will be electric within the next decade and 33% of pickup truck sales. Electric vehicle sales account for just 1% of Ford's sales today. As Ford is phasing out combustion engines, it is set to evolve into an all-electric vehicle maker by 2040.</p><p><blockquote>尽管福特和蔚来之间存在天壤之别，但两家公司都将在快速增长的全球电动汽车市场展开较量。福特的车队还没有以电动汽车为重点，但这种情况将会改变： 福特感觉到电动汽车竞赛正在升温，因此表示将加快其电气化计划，在 2025 年前投资 300 亿美元用于电动汽车制造能力。福特之前的资本计划要求投资 220 亿美元用于零排放汽车。福特还设定了一个雄心勃勃的销售目标：未来十年，其全球销量的 40% 将是电动汽车，皮卡车销量的 33% 将是电动汽车。目前，电动汽车销量仅占福特销量的 1%。随着福特逐步淘汰内燃机，它将在 2040 年发展成为一家全电动汽车制造商。</blockquote></p><p> <b>Market opportunity</b></p><p><blockquote><b>市场机会</b></blockquote></p><p> In 2020, 3.2m electric vehicles were sold in the world which represented a small market share of just 4.2%. China, however, was responsible for buying 41% of all electric vehicles in the world in 2020. Chinese buyers purchased 1.3m electric vehicles last year and sales are set to grow fast as Beijing seeks to boost EV adoption. The second largest market for electric vehicles was Europe which accounted for 42% of global EV sales. The US is only the third-largest market for plug-in electric vehicles in the world.</p><p><blockquote>2020年，全球电动汽车销量为320万辆，市场份额仅为4.2%。然而，2020 年，中国购买了全球 41% 的电动汽车。去年，中国买家购买了 130 万辆电动汽车，随着北京寻求促进电动汽车的普及，销量将快速增长。电动汽车的第二大市场是欧洲，占全球电动汽车销量的42%。美国只是全球第三大插电式电动汽车市场。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/b48c23b32134542f51227d9b1b612887\" tg-width=\"1083\" tg-height=\"863\"><span>(Source: Wikipedia)</span></p><p><blockquote><p class=\"t-img-caption\"><span>（来源：维基百科）</span></p></blockquote></p><p> China, by far, is the fastest growing EV market in the world, although Europe is catching up fast, in part due to a legislative efforts to increase adoption of zero-emission passenger vehicles and because of massive investments in a Europe-wide charging station network. NIO is&nbsp;on the cusp of entering the European market&nbsp;in a bid to grow market share in the world’s second-largest EV market before the competition is ready.</p><p><blockquote>到目前为止，中国是世界上增长最快的电动汽车市场，尽管欧洲正在迅速迎头赶上，部分原因是立法努力增加零排放乘用车的采用，以及对欧洲范围内充电站网络的大量投资。蔚来正处于进军欧洲市场的风口浪尖，希望在竞争准备就绪之前扩大其在世界第二大电动汽车市场的市场份额。</blockquote></p><p> Beijing is a driver behind the electrification of the Chinese auto industry: The government wants to see a&nbsp;twenty percent share&nbsp;of electric vehicles for new car sales by 2025 which will drive EV penetration in NIO’s home market.</p><p><blockquote>中国政府是蔚来汽车工业电气化的推动者： 中国政府希望到 2025 年，电动汽车在新车销售中所占份额达到 20%，这将推动电动汽车在中国本土市场的普及。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/9871e44eaf69adb27151425887870ace\" tg-width=\"739\" tg-height=\"454\"><span>(Source:Schroders)</span></p><p><blockquote><p class=\"t-img-caption\"><span>（来源：施罗德）</span></p></blockquote></p><p> Turning to growth projections.</p><p><blockquote>转向增长预测。</blockquote></p><p> With more favorable government policies for EV makers in places like China and Europe, these markets are poised to see the fastest sales growth and the highest EV adoption rates in the world. China is not only the largest market due to population size but is also expected to outperform all other markets in the world in EV sales until 2030.</p><p><blockquote>随着中国和欧洲等地政府对电动汽车制造商采取更有利的政策，这些市场将迎来世界上最快的销售增长和最高的电动汽车采用率。由于人口规模，中国不仅是最大的市场，而且预计到2030年，电动汽车销量将超过全球所有其他市场。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/61d19dff2f34e2d8828aca854e85d84a\" tg-width=\"825\" tg-height=\"565\"><span>(Source:McKinsey)</span></p><p><blockquote><p class=\"t-img-caption\"><span>（来源：麦肯锡）</span></p></blockquote></p><p> Since China has a larger total market size, a higher EV adoption rate, stronger expected sales growth and a more favorable regulatory framework, the winner here would be: NIO.</p><p><blockquote>由于中国拥有更大的总市场规模、更高的电动汽车采用率、更强劲的预期销售增长和更有利的监管框架，这里的赢家将是：蔚来。</blockquote></p><p> <b>Scale and manufacturing competence</b></p><p><blockquote><b>规模和制造能力</b></blockquote></p><p> Ford has a century’s worth of manufacturing experience. But Ford, so far, has only one all-electric vehicle in its product line-up that compares to NIO: The Mustang Mach-E SUV. In 2022, Ford will begin to sell the all-electric F-150 Lightening which builds on the success of Ford’s best-selling pick-up truck. NIO already has a stronger product catalog including the 5-seater ES6 SUV, the 5-seater coupe SUV EC6 and the ES8, a 6-seater and 7-seater full-sized SUV.</p><p><blockquote>福特拥有百年的制造经验。但到目前为止，福特的产品阵容中只有一款与蔚来相比的全电动汽车：野马 Mach-E SUV。2022 年，福特将开始销售全电动 F-150 Lightening，该车建立在福特最畅销皮卡车的成功基础上。蔚来已经拥有更强大的产品目录，包括5座ES6 SUV、5座轿跑车SUV EC6以及6座和7座全尺寸SUV ES8。</blockquote></p><p></p><p> Since NIO is solely focused on producing EVs and occupies a very small and defined niche, the Chinese firm has an advantage as far as EV-manufacturing expertise goes. The question is how long this advantage can last. Ford has extensive experience in building cars and can leverage a global manufacturing base to ramp up EV production faster than any niche EV maker could ever hope to achieve. This makes Ford a very serious rival not only to Tesla (TSLA) in the US, but also to NIO abroad. Ford is accelerating its electrification plans and it has the resources and the ambition to become a leader in EVs within the next decade. Ford’s proposed $30B spending on the electrification of its fleet will accelerate its transformation and turn Ford into a long term threat to other EV makers.</p><p><blockquote>由于蔚来只专注于生产电动汽车，并且占据了一个非常小且明确的利基市场，这家中国公司在电动汽车制造专业知识方面具有优势。问题是这种优势能持续多久。福特在制造汽车方面拥有丰富的经验，可以利用全球制造基地以比任何利基电动汽车制造商希望实现的速度更快地提高电动汽车产量。这使得福特不仅在美国是特斯拉（TSLA）的有力竞争对手，而且在国外也是蔚来的有力竞争对手。福特正在加速其电气化计划，它有资源和雄心在未来十年内成为电动汽车的领导者。福特提议斥资 300 亿美元用于车队电气化，这将加速其转型，并使福特成为其他电动汽车制造商的长期威胁。</blockquote></p><p> Winner here: Ford.</p><p><blockquote>这里的赢家：福特。</blockquote></p><p> <b>Differentiation and BaaS revenue model</b></p><p><blockquote><b>差异化与BaaS收入模式</b></blockquote></p><p> Both Ford and NIO know about the importance of differentiation in a market that will only get more competitive over time, which is why both companies are investing heavily in a related field that can break or solidify dominance in the EV market: Battery technology.</p><p><blockquote>福特和蔚来都知道差异化在这个市场中的重要性，随着时间的推移，这个市场只会变得更加竞争，这就是为什么两家公司都在一个相关领域大力投资，这个领域可以打破或巩固电动汽车市场的主导地位：电池技术。</blockquote></p><p> Ford is&nbsp;forming a joint venture&nbsp;with South Korean battery technology company SK Innovation to secure supply of traction battery cells and array modules. The joint venture is meant to accelerate battery deliveries and will produce approximately 60 GWh annually, enough to cover 25% of Ford’s estimated annual energy demand by 2030. NIO is also investing in battery technology and has&nbsp;formed its own joint venture&nbsp;to secure battery supply.</p><p><blockquote>福特正在与韩国电池技术公司 SK Innovation 成立一家合资企业，以确保牵引电池芯和阵列模块的供应。该合资企业旨在加快电池交付速度，年产量约为 60 GWh，足以满足福特到 2030 年预计年能源需求的 25%。蔚来也在投资电池技术，并组建了自己的合资企业来确保电池供应。</blockquote></p><p> The difference to Ford is that NIO’s battery investment strategy revolves around a battery subscription model, also called “battery-as-a-service”, which creates a strong, long term revenue opportunity for the Chinese vehicle maker. Under this “BaaS” model, users who buy a NIO electric vehicle get a 70,000 RMB initial discount, equivalent to $10,800, and can sign up for a monthly subscription to rent a rechargeable 70 kWh battery. Batteries can then be exchanged at one of NIO’s battery-swapping stations which can be found in most big Chinese cities. A battery subscription costs 980 RMB monthly which is the equivalent of $150.</p><p><blockquote>与福特不同的是，蔚来的电池投资战略围绕着电池订阅模式，也称为 “电池即服务 ”，这为这家中国汽车制造商创造了一个强大的长期收入机会。在这种 “BaaS” 模式下，用户购买蔚来电动汽车可获得 7 万元人民币的初始折扣，折合 1.08 万美元，并可签约包月租赁 70 千瓦时的可充电电池。然后可以在蔚来的换电站更换电池，这些换电站在中国大多数大城市都有。电池订阅费用为每月980元人民币，相当于150美元。</blockquote></p><p> The BaaS model has a couple of benefits for both the vehicle maker and the user: Purchasing an electric vehicle from NIO gets a lot more affordable due to the up-front discount and the subscription model ensures that users benefit from advancement in battery technology and better performance over time. Decoupling battery costs from vehicle prices creates an entirely new revenue stream on a subscription basis for NIO. Revenues from “BaaS” subscriptions could be used to increase the density of NIO’s network of charging/replacement stations. The battery subscription model also binds customers to NIO, potentially increasing customer lifetime value.</p><p><blockquote>BaaS模式对汽车制造商和用户都有几个好处：由于前期折扣，从蔚来购买电动汽车变得更加实惠，订阅模式确保用户受益于电池技术的进步和随着时间的推移更好的性能。将电池成本与汽车价格脱钩，为蔚来创造了一个全新的订阅收入流。“BaaS ”订阅的收入可用于增加蔚来充电/换电站网络的密度。电池订阅模式还将客户绑定到蔚来，从而潜在地增加客户的终身价值。</blockquote></p><p> Ford and NIO are primed to benefit from falling battery costs for electric vehicles as they ramp up capital allocations. As more investments flow into developing more efficient batteries, performance will go up and costs will go down which should drive EV adoption and benefit all EV makers. This is because lower battery prices make EVs more competitive to passenger vehicles with combustion engines. But since NIO is structuring a part of its business model explicitly around battery subscriptions, NIO could benefit more than Ford.</p><p><blockquote>随着福特和蔚来增加资本配置，它们有望从电动汽车电池成本下降中受益。随着越来越多的投资流入开发更高效的电池，性能将会提高，成本将会下降，这应该会推动电动汽车的采用并使所有电动汽车制造商受益。这是因为较低的电池价格使电动汽车比内燃机乘用车更具竞争力。但由于蔚来明确围绕电池订阅构建部分商业模式，蔚来可能会比福特受益更多。</blockquote></p><p> Battery costs for EVs have decreased 70% since 2014, based on information provided by investment firm Schroders, and are set to decrease more this decade.</p><p><blockquote>根据投资公司施罗德提供的信息，自 2014 年以来，电动汽车的电池成本已下降 70%，并且本十年还将进一步下降。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/c42acb75905affe7570a2f399ea3192f\" tg-width=\"758\" tg-height=\"449\"><span>(Source: Schroders)</span></p><p><blockquote><p class=\"t-img-caption\"><span>（来源：施罗德）</span></p></blockquote></p><p> The “BaaS” model is genius and could develop into a $500M a year revenue opportunity for NIO long term. Although Ford is ramping up its investments in battery technology, the winner in this category is: NIO.</p><p><blockquote>“BaaS ”模式是天才之作，从长远来看，它可能会发展成为蔚来每年 5 亿美元的收入机会。尽管福特正在加大对电池技术的投资，但这一类别的赢家是：蔚来。</blockquote></p><p> <b>Sales growth and valuation</b></p><p><blockquote><b>销售增长和估值</b></blockquote></p><p> Ford’s sales in May grew 4.1% Y/Y but electrified vehicle sales (including hybrids) surged 184% Y/Y as Ford sold a record 10,364 EVs/hybrids in May. Escape electrified sales and Explorer Hybrid grew sales at 125% and 132% Y/Y showing strong customer uptake. NIO delivered 6,711 vehicles last month including 3,017 ES6s, 1,412 ES8s and 2,282 EC6s. Total Y/Y delivery growth for May was 95.3%.</p><p><blockquote>福特 5 月份的销量同比增长 4.1%，但电动汽车销量（包括混合动力汽车）同比激增 184%，福特 5 月份售出了创纪录的 10,364 辆电动汽车/混合动力汽车。Escape electrified 和 Explorer Hybrid 的销量分别同比增长 125% 和 132%，显示出强劲的客户吸引力。蔚来上个月交付了 6,711 辆汽车，其中包括 3,017 辆 ES6、1,412 辆 ES8 和 2,282 辆 EC6。5 月份总交付量同比增长 95.3%。</blockquote></p><p> Ford's sales are fifty-four times larger than NIO's which creates more sales growth and revaluation potential for NIO.</p><p><blockquote>福特的销量是蔚来汽车的54倍，这为蔚来创造了更多的销售增长和重估潜力。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/df5a0a393e44ed74241c5effcdd92350\" tg-width=\"635\" tg-height=\"419\"><span>Data by YCharts</span></p><p><blockquote><p class=\"t-img-caption\"><span>数据由YCharts提供</span></p></blockquote></p><p></p><p> The difference in valuation between Ford and NIO is like the difference between night and day. This is because Ford is still seen as a mature vehicle maker with expected enterprise sales growth in the low-to-mid digits, despite explosive growth in the EV category. Ford is expected to grow revenues by 33% until FY 2025 (base year: FY 2020) and NIO by 808%!</p><p><blockquote>福特和蔚来之间的估值差异就像黑夜和白天之间的差异。这是因为尽管电动汽车类别实现了爆炸式增长，但福特仍被视为一家成熟的汽车制造商，预计企业销量增长将达到中低位数。福特预计到 2025 财年（基准年：2020 财年）收入将增长 33%，蔚来将增长 808%!</blockquote></p><p> Due to these differences in sales growth, NIO is the complete opposite of Ford, at least as far as valuation goes. The Chinese EV-maker is expected to see sales and delivery growth close to 100% this year and since NIO is only dealing in EVs, NIO gets a much higher market-cap-to-sales ratio than Ford.</p><p><blockquote>由于销售增长的这些差异，蔚来与福特完全相反，至少就估值而言是这样。这家中国电动汽车制造商预计今年的销量和交付量将增长接近 100%，由于蔚来只销售电动汽车，蔚来的市值与销量之比远高于福特。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/817605c6b1e82c03d0473ea570d32b8f\" tg-width=\"506\" tg-height=\"406\"><span>(Source: Author)</span></p><p><blockquote><p class=\"t-img-caption\"><span>（来源：作者）</span></p></blockquote></p><p> <b>NIO has larger risks...</b></p><p><blockquote><b>蔚来有更大的风险……</b></blockquote></p><p> NIO is the more risky venture, but also the one that offers the most promise. Government policy favors EV-makers like NIO. The potential for total global sales growth is larger for NIO as it operates from a smaller revenue base compared to Ford. But there are also a few things that work against NIO. For example, recalls due to production defects would be a much bigger challenge for NIO to overcome than for Ford which can rely on a global service and distribution network. NIO’s valuation is also not without risk as an unexpected slowing of sales growth due to production setbacks would leave a much larger dent in the financials.</p><p><blockquote>蔚来是风险更大的企业，但也是最有希望的企业。政府政策有利于蔚来等电动汽车制造商。与福特相比，蔚来的全球总销售额增长潜力更大，因为它的营收基础较小。但也有一些事情对蔚来不利。例如，与可以依赖全球服务和分销网络的福特相比，由于生产缺陷导致的召回对于蔚来来说将是一个更大的挑战。蔚来的估值也并非没有风险，因为生产受挫导致销售增长意外放缓，将对财务状况造成更大影响。</blockquote></p><p> <b>Final verdict</b></p><p><blockquote><b>最终判决</b></blockquote></p><p> NIO is definitely the more “sexy” vehicle maker. Strong adoption and sales growth in China and Europe support NIO. Its super smart BaaS model which decouples vehicle purchase prices from battery costs is genius. You pay a high price for this growth but the market opportunity for NIO is immense.</p><p><blockquote>蔚来绝对是更 “性感 ”的汽车制造商。在中国和欧洲的强劲采用率和销售增长支持了蔚来。其超级智能BaaS模型将车辆购买价格与电池成本脱钩，堪称天才。你为这种增长付出了高昂的代价，但蔚来的市场机会是巨大的。</blockquote></p><p> Ford’s EV sales are booming and the percentage of EV sales will increase as the vehicle maker electrifies its fleet. Ford has a lot of potential in the EV market but since EV sales are still a relatively low percentage of total sales, it will take a long time for Ford to complete its transformation.</p><p><blockquote>福特的电动汽车销量正在蓬勃发展，随着该汽车制造商车队电气化，电动汽车销量的比例也将不断增加。福特在电动汽车市场潜力巨大，但由于电动汽车销量占总销量的比例仍然相对较低，福特需要很长时间才能完成转型。</blockquote></p><p> If you believe in the potential of the global EV market, buy NIO. If you believe in the potential of the global EV market and don’t like much risk, buy Ford.</p><p><blockquote>如果您相信全球电动汽车市场的潜力，请购买蔚来。如果你相信全球电动汽车市场的潜力，又不喜欢太大的风险，那就买福特吧。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://seekingalpha.com/article/4436600-ford-or-nio-the-final-verdict\">seekingalpha</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":{"F":"福特汽车","NIO":"蔚来"},"source_url":"https://seekingalpha.com/article/4436600-ford-or-nio-the-final-verdict","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1137119316","content_text":"Summary\n\nI am comparing Ford against NIO in different categories.\nThe comparison is intended to improve the understanding of Ford's and NIO's growth potential while highlighting differences in market position and opportunities.\nNIO is growing a lot faster than Ford and the high valuation may be justified.\n\npeterschreiber.media/iStock via Getty Images\nWith Ford (F) launching a major offensive in the market for electric vehicles, Chinese EV maker NIO (NIO) will face one more rival competing for sales in the future. Which vehicle maker offers the best deal based on market opportunity, scale, revenue model, growth prospects and valuation? I will compare Ford against NIO in each category and issue a final verdict at the end.\nFord vs. NIO: The battle for the global electric vehicle market is heating up\nAlthough there is a world of difference between Ford and NIO, both companies are set to go toe-to-toe in the rapidly growing global electric vehicle market. Ford’s fleet is not yet EV-focused but this is going to change: Feeling that the EV race is heating up, Ford said it is accelerating its electrification plan by investing $30B into its EV manufacturing capabilities until 2025. Ford’s previous capital plan called for a $22B investment in zero-emission vehicles. Ford also set an ambitious sales goal: 40% of its global sales will be electric within the next decade and 33% of pickup truck sales. Electric vehicle sales account for just 1% of Ford's sales today. As Ford is phasing out combustion engines, it is set to evolve into an all-electric vehicle maker by 2040.\nMarket opportunity\nIn 2020, 3.2m electric vehicles were sold in the world which represented a small market share of just 4.2%. China, however, was responsible for buying 41% of all electric vehicles in the world in 2020. Chinese buyers purchased 1.3m electric vehicles last year and sales are set to grow fast as Beijing seeks to boost EV adoption. The second largest market for electric vehicles was Europe which accounted for 42% of global EV sales. The US is only the third-largest market for plug-in electric vehicles in the world.\n(Source: Wikipedia)\nChina, by far, is the fastest growing EV market in the world, although Europe is catching up fast, in part due to a legislative efforts to increase adoption of zero-emission passenger vehicles and because of massive investments in a Europe-wide charging station network. NIO is on the cusp of entering the European market in a bid to grow market share in the world’s second-largest EV market before the competition is ready.\nBeijing is a driver behind the electrification of the Chinese auto industry: The government wants to see a twenty percent share of electric vehicles for new car sales by 2025 which will drive EV penetration in NIO’s home market.\n(Source:Schroders)\nTurning to growth projections.\nWith more favorable government policies for EV makers in places like China and Europe, these markets are poised to see the fastest sales growth and the highest EV adoption rates in the world. China is not only the largest market due to population size but is also expected to outperform all other markets in the world in EV sales until 2030.\n(Source:McKinsey)\nSince China has a larger total market size, a higher EV adoption rate, stronger expected sales growth and a more favorable regulatory framework, the winner here would be: NIO.\nScale and manufacturing competence\nFord has a century’s worth of manufacturing experience. But Ford, so far, has only one all-electric vehicle in its product line-up that compares to NIO: The Mustang Mach-E SUV. In 2022, Ford will begin to sell the all-electric F-150 Lightening which builds on the success of Ford’s best-selling pick-up truck. NIO already has a stronger product catalog including the 5-seater ES6 SUV, the 5-seater coupe SUV EC6 and the ES8, a 6-seater and 7-seater full-sized SUV.\nSince NIO is solely focused on producing EVs and occupies a very small and defined niche, the Chinese firm has an advantage as far as EV-manufacturing expertise goes. The question is how long this advantage can last. Ford has extensive experience in building cars and can leverage a global manufacturing base to ramp up EV production faster than any niche EV maker could ever hope to achieve. This makes Ford a very serious rival not only to Tesla (TSLA) in the US, but also to NIO abroad. Ford is accelerating its electrification plans and it has the resources and the ambition to become a leader in EVs within the next decade. Ford’s proposed $30B spending on the electrification of its fleet will accelerate its transformation and turn Ford into a long term threat to other EV makers.\nWinner here: Ford.\nDifferentiation and BaaS revenue model\nBoth Ford and NIO know about the importance of differentiation in a market that will only get more competitive over time, which is why both companies are investing heavily in a related field that can break or solidify dominance in the EV market: Battery technology.\nFord is forming a joint venture with South Korean battery technology company SK Innovation to secure supply of traction battery cells and array modules. The joint venture is meant to accelerate battery deliveries and will produce approximately 60 GWh annually, enough to cover 25% of Ford’s estimated annual energy demand by 2030. NIO is also investing in battery technology and has formed its own joint venture to secure battery supply.\nThe difference to Ford is that NIO’s battery investment strategy revolves around a battery subscription model, also called “battery-as-a-service”, which creates a strong, long term revenue opportunity for the Chinese vehicle maker. Under this “BaaS” model, users who buy a NIO electric vehicle get a 70,000 RMB initial discount, equivalent to $10,800, and can sign up for a monthly subscription to rent a rechargeable 70 kWh battery. Batteries can then be exchanged at one of NIO’s battery-swapping stations which can be found in most big Chinese cities. A battery subscription costs 980 RMB monthly which is the equivalent of $150.\nThe BaaS model has a couple of benefits for both the vehicle maker and the user: Purchasing an electric vehicle from NIO gets a lot more affordable due to the up-front discount and the subscription model ensures that users benefit from advancement in battery technology and better performance over time. Decoupling battery costs from vehicle prices creates an entirely new revenue stream on a subscription basis for NIO. Revenues from “BaaS” subscriptions could be used to increase the density of NIO’s network of charging/replacement stations. The battery subscription model also binds customers to NIO, potentially increasing customer lifetime value.\nFord and NIO are primed to benefit from falling battery costs for electric vehicles as they ramp up capital allocations. As more investments flow into developing more efficient batteries, performance will go up and costs will go down which should drive EV adoption and benefit all EV makers. This is because lower battery prices make EVs more competitive to passenger vehicles with combustion engines. But since NIO is structuring a part of its business model explicitly around battery subscriptions, NIO could benefit more than Ford.\nBattery costs for EVs have decreased 70% since 2014, based on information provided by investment firm Schroders, and are set to decrease more this decade.\n(Source: Schroders)\nThe “BaaS” model is genius and could develop into a $500M a year revenue opportunity for NIO long term. Although Ford is ramping up its investments in battery technology, the winner in this category is: NIO.\nSales growth and valuation\nFord’s sales in May grew 4.1% Y/Y but electrified vehicle sales (including hybrids) surged 184% Y/Y as Ford sold a record 10,364 EVs/hybrids in May. Escape electrified sales and Explorer Hybrid grew sales at 125% and 132% Y/Y showing strong customer uptake. NIO delivered 6,711 vehicles last month including 3,017 ES6s, 1,412 ES8s and 2,282 EC6s. Total Y/Y delivery growth for May was 95.3%.\nFord's sales are fifty-four times larger than NIO's which creates more sales growth and revaluation potential for NIO.\nData by YCharts\nThe difference in valuation between Ford and NIO is like the difference between night and day. This is because Ford is still seen as a mature vehicle maker with expected enterprise sales growth in the low-to-mid digits, despite explosive growth in the EV category. Ford is expected to grow revenues by 33% until FY 2025 (base year: FY 2020) and NIO by 808%!\nDue to these differences in sales growth, NIO is the complete opposite of Ford, at least as far as valuation goes. The Chinese EV-maker is expected to see sales and delivery growth close to 100% this year and since NIO is only dealing in EVs, NIO gets a much higher market-cap-to-sales ratio than Ford.\n(Source: Author)\nNIO has larger risks...\nNIO is the more risky venture, but also the one that offers the most promise. Government policy favors EV-makers like NIO. The potential for total global sales growth is larger for NIO as it operates from a smaller revenue base compared to Ford. But there are also a few things that work against NIO. For example, recalls due to production defects would be a much bigger challenge for NIO to overcome than for Ford which can rely on a global service and distribution network. NIO’s valuation is also not without risk as an unexpected slowing of sales growth due to production setbacks would leave a much larger dent in the financials.\nFinal verdict\nNIO is definitely the more “sexy” vehicle maker. Strong adoption and sales growth in China and Europe support NIO. Its super smart BaaS model which decouples vehicle purchase prices from battery costs is genius. You pay a high price for this growth but the market opportunity for NIO is immense.\nFord’s EV sales are booming and the percentage of EV sales will increase as the vehicle maker electrifies its fleet. Ford has a lot of potential in the EV market but since EV sales are still a relatively low percentage of total sales, it will take a long time for Ford to complete its transformation.\nIf you believe in the potential of the global EV market, buy NIO. If you believe in the potential of the global EV market and don’t like much risk, buy Ford.","news_type":1,"symbols_score_info":{"F":0.9,"NIO":0.9}},"isVote":1,"tweetType":1,"viewCount":3303,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":167123188,"gmtCreate":1624253251644,"gmtModify":1634008826243,"author":{"id":"3581892318324369","authorId":"3581892318324369","name":"tjseng","avatar":"https://static.tigerbbs.com/916d5c4f8dda4d6d5e4723b340f9a377","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581892318324369","authorIdStr":"3581892318324369"},"themes":[],"title":"","htmlText":"Good time to get favourite stocks with reasonable price&nbsp;","listText":"Good time to get favourite stocks with reasonable price&nbsp;","text":"Good time to get favourite stocks with reasonable price","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/167123188","repostId":"1113916113","repostType":4,"isVote":1,"tweetType":1,"viewCount":3119,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":165322503,"gmtCreate":1624098534702,"gmtModify":1631884324068,"author":{"id":"3581892318324369","authorId":"3581892318324369","name":"tjseng","avatar":"https://static.tigerbbs.com/916d5c4f8dda4d6d5e4723b340f9a377","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581892318324369","authorIdStr":"3581892318324369"},"themes":[],"title":"","htmlText":"Hope that this is true [LOL]&nbsp;","listText":"Hope that this is true [LOL]&nbsp;","text":"Hope that this is true [LOL]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/165322503","repostId":"1113942445","repostType":4,"isVote":1,"tweetType":1,"viewCount":2239,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":165322065,"gmtCreate":1624098501757,"gmtModify":1634010712177,"author":{"id":"3581892318324369","authorId":"3581892318324369","name":"tjseng","avatar":"https://static.tigerbbs.com/916d5c4f8dda4d6d5e4723b340f9a377","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581892318324369","authorIdStr":"3581892318324369"},"themes":[],"title":"","htmlText":"Tell me your opinion about this news...","listText":"Tell me your opinion about this news...","text":"Tell me your opinion about this news...","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/165322065","repostId":"1113942445","repostType":4,"isVote":1,"tweetType":1,"viewCount":3955,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":168268259,"gmtCreate":1623976565371,"gmtModify":1631888617860,"author":{"id":"3581892318324369","authorId":"3581892318324369","name":"tjseng","avatar":"https://static.tigerbbs.com/916d5c4f8dda4d6d5e4723b340f9a377","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581892318324369","authorIdStr":"3581892318324369"},"themes":[],"title":"","htmlText":"<a href=\"https://laohu8.com/S/OPK\">$OPKO Health(OPK)$</a>Potential winner in the future&nbsp;","listText":"<a href=\"https://laohu8.com/S/OPK\">$OPKO Health(OPK)$</a>Potential winner in the future&nbsp;","text":"$OPKO Health(OPK)$Potential winner in the future","images":[{"img":"https://static.tigerbbs.com/9cf069b74211549f0ecf41670dbd982c","width":"1125","height":"1601"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/168268259","isVote":1,"tweetType":1,"viewCount":2652,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":184693914,"gmtCreate":1623711897538,"gmtModify":1634029881225,"author":{"id":"3581892318324369","authorId":"3581892318324369","name":"tjseng","avatar":"https://static.tigerbbs.com/916d5c4f8dda4d6d5e4723b340f9a377","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581892318324369","authorIdStr":"3581892318324369"},"themes":[],"title":"","htmlText":"Those companies are all great companies, issues are when prices are in more reasonable level [Happy]&nbsp;","listText":"Those companies are all great companies, issues are when prices are in more reasonable level [Happy]&nbsp;","text":"Those companies are all great companies, issues are when prices are in more reasonable level [Happy]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/184693914","repostId":"2143784913","repostType":4,"isVote":1,"tweetType":1,"viewCount":1001,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":184604273,"gmtCreate":1623711748292,"gmtModify":1631883987252,"author":{"id":"3581892318324369","authorId":"3581892318324369","name":"tjseng","avatar":"https://static.tigerbbs.com/916d5c4f8dda4d6d5e4723b340f9a377","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581892318324369","authorIdStr":"3581892318324369"},"themes":[],"title":"","htmlText":"Internet companies having no great impact on environmental pollution, those mining companies and manufacturing industries are the one causing much impact on climate changes.&nbsp;","listText":"Internet companies having no great impact on environmental pollution, those mining companies and manufacturing industries are the one causing much impact on climate changes.&nbsp;","text":"Internet companies having no great impact on environmental pollution, those mining companies and manufacturing industries are the one causing much impact on climate changes.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/184604273","repostId":"1109202972","repostType":4,"isVote":1,"tweetType":1,"viewCount":799,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":185963443,"gmtCreate":1623630770682,"gmtModify":1634031030176,"author":{"id":"3581892318324369","authorId":"3581892318324369","name":"tjseng","avatar":"https://static.tigerbbs.com/916d5c4f8dda4d6d5e4723b340f9a377","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581892318324369","authorIdStr":"3581892318324369"},"themes":[],"title":"","htmlText":"Elon is the biggest banker of Bitcoin [Cool]&nbsp;","listText":"Elon is the biggest banker of Bitcoin [Cool]&nbsp;","text":"Elon is the biggest banker of Bitcoin [Cool]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/185963443","repostId":"1194587854","repostType":4,"isVote":1,"tweetType":1,"viewCount":828,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":185984540,"gmtCreate":1623630686080,"gmtModify":1634031033878,"author":{"id":"3581892318324369","authorId":"3581892318324369","name":"tjseng","avatar":"https://static.tigerbbs.com/916d5c4f8dda4d6d5e4723b340f9a377","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581892318324369","authorIdStr":"3581892318324369"},"themes":[],"title":"","htmlText":"This is his way to move the price up and down [Facepalm]&nbsp;","listText":"This is his way to move the price up and down [Facepalm]&nbsp;","text":"This is his way to move the price up and down [Facepalm]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/185984540","repostId":"1132051258","repostType":4,"isVote":1,"tweetType":1,"viewCount":540,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":182960993,"gmtCreate":1623550821212,"gmtModify":1631888965318,"author":{"id":"3581892318324369","authorId":"3581892318324369","name":"tjseng","avatar":"https://static.tigerbbs.com/916d5c4f8dda4d6d5e4723b340f9a377","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581892318324369","authorIdStr":"3581892318324369"},"themes":[],"title":"","htmlText":"<a href=\"https://laohu8.com/S/SELB\">$Selecta Biosciences(SELB)$</a>Potential to move higher","listText":"<a href=\"https://laohu8.com/S/SELB\">$Selecta Biosciences(SELB)$</a>Potential to move higher","text":"$Selecta Biosciences(SELB)$Potential to move higher","images":[{"img":"https://static.tigerbbs.com/7b3bed28107ff599a67c9ee8cef5c11f","width":"1125","height":"1835"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/182960993","isVote":1,"tweetType":1,"viewCount":607,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":115897125,"gmtCreate":1622967766567,"gmtModify":1634096497287,"author":{"id":"3581892318324369","authorId":"3581892318324369","name":"tjseng","avatar":"https://static.tigerbbs.com/916d5c4f8dda4d6d5e4723b340f9a377","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581892318324369","authorIdStr":"3581892318324369"},"themes":[],"title":"","htmlText":"MSFT still the top&nbsp;choice","listText":"MSFT still the top&nbsp;choice","text":"MSFT still the top choice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/115897125","repostId":"2140540596","repostType":4,"isVote":1,"tweetType":1,"viewCount":690,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":115935834,"gmtCreate":1622945576728,"gmtModify":1634096753383,"author":{"id":"3581892318324369","authorId":"3581892318324369","name":"tjseng","avatar":"https://static.tigerbbs.com/916d5c4f8dda4d6d5e4723b340f9a377","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581892318324369","authorIdStr":"3581892318324369"},"themes":[],"title":"","htmlText":"More IPO will means that people will unload their holdings, then&nbsp;using those funds and&nbsp;put to&nbsp;apply for IPOs ? [Doubt]&nbsp;","listText":"More IPO will means that people will unload their holdings, then&nbsp;using those funds and&nbsp;put to&nbsp;apply for IPOs ? [Doubt]&nbsp;","text":"More IPO will means that people will unload their holdings, then using those funds and put to apply for IPOs ? [Doubt]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/115935834","repostId":"1106312903","repostType":4,"repost":{"id":"1106312903","kind":"news","pubTimestamp":1622855773,"share":"https://www.laohunote.com/m/news/1106312903?lang=zh_CN&edition=full","pubTime":"2021-06-05 09:16","market":"us","language":"en","title":"U.S. IPO Week Ahead: Digital Payments, Mental Health Services, And More In A Diverse 8 IPO<blockquote>美国 IPO 前一周：数字支付、心理健康服务等多元化 8 IPO</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1106312903","media":"Renaissance Capital","summary":"Summary\n\nEight IPOs are currently slated to raise $3.7 billion, featuring digital payments, mental h","content":"<p><b>Summary</b></p><p><blockquote><b>总结</b></blockquote></p><p> <ul>  <li>Eight IPOs are currently slated to raise $3.7 billion, featuring digital payments, mental health services, and more.</li>  <li>Payments platform Marqeta plans to raise $1.0 billion at a $12.4 billion market cap.</li>  <li>Chinese online recruitment platform Kanzhun plans to raise $864 million at an $8.2 billion market cap.</li> </ul> Eight IPOs are currently slated to raise $3.7 billion, featuring digital payments, mental health services, and more.</p><p><blockquote><ul><li>目前有八次IPO计划筹集37亿美元，涉及数字支付、心理健康服务等。</li><li>支付平台 Marqeta 计划以 124 亿美元的市值筹集 10 亿美元。</li><li>中国在线招聘平台看准计划以82亿美元的市值筹集8.64亿美元。</li></ul>目前有八次IPO计划筹集37亿美元，涉及数字支付、心理健康服务等。</blockquote></p><p> Payments platform&nbsp;<b>Marqeta</b>(MQ) plans to raise $1.0 billion at a $12.4 billion market cap. The company's platform allows businesses to launch and manage their own card programs, issue cards to their customers or end users, and authorize and settle transactions. Marqeta is fast growing and counts names like Affirm (AFRM) and DoorDash (DASH) among its customers.</p><p><blockquote>支付平台<b>市场</b>(MQ) 计划以 124 亿美元的市值筹集 10 亿美元。该公司的平台允许企业启动和管理自己的卡计划，向客户或最终用户发行卡，以及授权和结算交易。Marqeta 发展迅速，其客户中包括 Affirm (AFRM) 和 DoorDash (DASH) 等品牌。</blockquote></p><p> Chinese online recruitment platform&nbsp;<b>Kanzhun</b>(BZ) plans to raise $864 million at an $8.2 billion market cap. Kanzhun's core product, BOSS Zhipin, is a mobile-native platform that promotes direct chats between job seekers and enterprise clients. The company claims it was the largest online recruitment platform in China by MAUs in 2020.</p><p><blockquote>中国在线招聘平台<b>看准</b>(BZ) 计划以 82 亿美元的市值筹集 8.64 亿美元。看准的核心产品BOSS直聘是一个移动原生平台，促进求职者和企业客户之间的直接聊天。该公司声称，根据MAUs，它是2020年中国最大的在线招聘平台。</blockquote></p><p> Mental health services provider&nbsp;<b>LifeStance Health</b>(LFST) plans to raise $640 million at a $6.1 billion market cap. LifeStance states that it has built one of the nation's largest outpatient mental health platforms, employing over 3,300 licensed mental health clinicians across 73 MSAs in 27 states as of March 31, 2021. The company has demonstrated growth, though EBIT turned negative in the 1Q21.</p><p><blockquote>心理健康服务提供者<b>LifeStance健康</b>(LFST) 计划以 61 亿美元的市值筹集 6.4 亿美元。LifeStance表示，它已经建立了美国最大的门诊心理健康平台之一，截至2021年3月31日，在27个州的73个MSA雇佣了3300多名持牌心理健康临床医生。尽管息税前利润在2021年第一季度变为负值，但该公司仍表现出增长。</blockquote></p><p> Israel’s&nbsp;<b>monday.com</b>(MNDY) plans to raise $490 million at a $6.8 billion market cap. monday.com allows organizations to easily build software applications and work management tools that fit their needs. As of March 31, 2021, it served nearly 128,000 customers across over 200 industries in more than 190 countries. Salesforce and Zoom plan to invest a combined $150 million in a concurrent private placement.</p><p><blockquote>以色列的<b>星期一网</b>(MNDY) 计划以 68 亿美元的市值筹集 4.9 亿美元。monday.com允许组织轻松构建适合其需求的软件应用程序和工作管理工具。截至2021年3月31日，它为190多个国家200多个行业的近128,000名客户提供服务。Salesforce 和 Zoom 计划同时投资 1.5 亿美元进行私募。</blockquote></p><p> BPO vendor&nbsp;<b>TaskUs</b>(TASK) plans to raise $304 million at a $2.5 billion market cap. TaskUs is a digital business services outsourcer, providing digital customer experience services, content security services, and artificial intelligence operations. Profitable with strong growth, the company had over 100 clients as of December 31, 2020.</p><p><blockquote>BPO供应商<b>口袋</b>（任务）计划以25亿美元的市值筹集3.04亿美元。TaskUs是一家数字商业服务外包商，提供数字客户体验服务、内容安全服务和人工智能运营。截至2020年12月31日，该公司盈利且增长强劲，拥有100多家客户。</blockquote></p><p> Data-driven marketing platform&nbsp;<b>Zeta Global</b>(ZETA) plans to raise $250 million at a $2.1 billion market cap. The company’s Zeta Marketing Platform uses identity data to target, connect, and engage consumers across email, social media, web, chat, connected TV, video, and other channels. Zeta is profitable and serves more than 1,000 customers, delivering roughly 500 million ad impressions in 2020.</p><p><blockquote>数据驱动营销平台<b>泽塔全球</b>(ZETA) 计划以 21 亿美元的市值筹集 2.5 亿美元。该公司的 Zeta 营销平台利用身份数据，通过电子邮件、社交媒体、网络、聊天、联网电视、视频和其他渠道锁定、联系和吸引消费者。Zeta 盈利，为 1,000 多名客户提供服务，到 2020 年将提供大约 5 亿次广告展示。</blockquote></p><p> Online luxury goods marketplace&nbsp;<b>1stDibs</b>(DIBS) plans to raise $112 million at a $773 million market cap. 1stDibs connects buyers and sellers of vintage, antique, and contemporary furniture, home decor, jewelry, watches, art, and fashion. In 2020, the marketplace had more than 58,000 buyers who had made a purchase in the past year, with an average aggregate purchase per year of over $5,500.</p><p><blockquote>在线奢侈品市场<b>1stDibs</b>(DIBS) 计划以 7.73 亿美元的市值筹集 1.12 亿美元。1stDibs连接古董、古董和当代家具、家居装饰、珠宝、手表、艺术和时尚的买家和卖家。2020 年，该市场在过去一年中有超过 58,000 名买家进行了购买，平均每年总购买金额超过 5,500 美元。</blockquote></p><p> Chinese online tutoring platform&nbsp;<b>Zhangmen Education</b>(ZME) plans to raise $43 million at a $1.9 billion market cap. Zhangmen Education states that it has been the largest online K-12 tutoring service provider in China by revenue since 2017, claiming a 32% market share in 2020.</p><p><blockquote>中文在线辅导平台<b>掌门教育</b>(ZME) 计划以 19 亿美元的市值筹集 4300 万美元。掌门教育表示，自2017年以来，按收入计算，它一直是中国最大的在线K-12辅导服务提供商，2020年市场份额为32%。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/d771f02e44d9d489ff772f1577280332\" tg-width=\"945\" tg-height=\"666\"></p><p><blockquote></blockquote></p><p> Street research is expected for six companies, and lock-up periods will be expiring for up to 11 companies.</p><p><blockquote>预计将对 6 家公司进行街头调查，多达 11 家公司的禁售期将到期。</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 6/3/21, the Renaissance IPO Index was down 6.0% year-to-date, while the S&amp;P 500 was up 11.6%. Renaissance Capital's IPO ETF (NYSE: IPO) tracks the index, and top ETF holdings include Zoom Video (ZM) and Uber (UBER). The Renaissance International IPO Index was down 1.1% year-to-date, while the ACWX was up 10.5%. Renaissance Capital’s International IPO ETF (NYSE: IPOS) tracks the index, and top ETF holdings include Nexi 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2021年6月3日，文艺复兴IPO指数年初至今下跌6.0%，而标普500上涨11.6%。Renaissance Capital 的 IPO ETF（纽约证券交易所股票代码：IPO）追踪该指数，持有量最大的 ETF 包括Zoom Video (ZM) 和优步 (UBER)。Renaissance International IPO 指数今年迄今下跌 1.1%，而 ACWX 指数上涨 10.5%。Renaissance Capital 的国际 IPO ETF（纽约证券交易所股票代码：IPOS）追踪该指数，持有的 ETF 包括 Nexi 和 EQT Partners。</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>U.S. IPO Week Ahead: Digital Payments, Mental Health Services, And More In A Diverse 8 IPO<blockquote>美国 IPO 前一周：数字支付、心理健康服务等多元化 8 IPO</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nU.S. IPO Week Ahead: Digital Payments, Mental Health Services, And More In A Diverse 8 IPO<blockquote>美国 IPO 前一周：数字支付、心理健康服务等多元化 8 IPO</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\">2021-06-05 09:16</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>Eight IPOs are currently slated to raise $3.7 billion, featuring digital payments, mental health services, and more.</li>  <li>Payments platform Marqeta plans to raise $1.0 billion at a $12.4 billion market cap.</li>  <li>Chinese online recruitment platform Kanzhun plans to raise $864 million at an $8.2 billion market cap.</li> </ul> Eight IPOs are currently slated to raise $3.7 billion, featuring digital payments, mental health services, and more.</p><p><blockquote><ul><li>目前有八次IPO计划筹集37亿美元，涉及数字支付、心理健康服务等。</li><li>支付平台 Marqeta 计划以 124 亿美元的市值筹集 10 亿美元。</li><li>中国在线招聘平台看准计划以82亿美元的市值筹集8.64亿美元。</li></ul>目前有八次IPO计划筹集37亿美元，涉及数字支付、心理健康服务等。</blockquote></p><p> Payments platform&nbsp;<b>Marqeta</b>(MQ) plans to raise $1.0 billion at a $12.4 billion market cap. The company's platform allows businesses to launch and manage their own card programs, issue cards to their customers or end users, and authorize and settle transactions. Marqeta is fast growing and counts names like Affirm (AFRM) and DoorDash (DASH) among its customers.</p><p><blockquote>支付平台<b>市场</b>(MQ) 计划以 124 亿美元的市值筹集 10 亿美元。该公司的平台允许企业启动和管理自己的卡计划，向客户或最终用户发行卡，以及授权和结算交易。Marqeta 发展迅速，其客户中包括 Affirm (AFRM) 和 DoorDash (DASH) 等品牌。</blockquote></p><p> Chinese online recruitment platform&nbsp;<b>Kanzhun</b>(BZ) plans to raise $864 million at an $8.2 billion market cap. Kanzhun's core product, BOSS Zhipin, is a mobile-native platform that promotes direct chats between job seekers and enterprise clients. The company claims it was the largest online recruitment platform in China by MAUs in 2020.</p><p><blockquote>中国在线招聘平台<b>看准</b>(BZ) 计划以 82 亿美元的市值筹集 8.64 亿美元。看准的核心产品BOSS直聘是一个移动原生平台，促进求职者和企业客户之间的直接聊天。该公司声称，根据MAUs，它是2020年中国最大的在线招聘平台。</blockquote></p><p> Mental health services provider&nbsp;<b>LifeStance Health</b>(LFST) plans to raise $640 million at a $6.1 billion market cap. LifeStance states that it has built one of the nation's largest outpatient mental health platforms, employing over 3,300 licensed mental health clinicians across 73 MSAs in 27 states as of March 31, 2021. The company has demonstrated growth, though EBIT turned negative in the 1Q21.</p><p><blockquote>心理健康服务提供者<b>LifeStance健康</b>(LFST) 计划以 61 亿美元的市值筹集 6.4 亿美元。LifeStance表示，它已经建立了美国最大的门诊心理健康平台之一，截至2021年3月31日，在27个州的73个MSA雇佣了3300多名持牌心理健康临床医生。尽管息税前利润在2021年第一季度变为负值，但该公司仍表现出增长。</blockquote></p><p> Israel’s&nbsp;<b>monday.com</b>(MNDY) plans to raise $490 million at a $6.8 billion market cap. monday.com allows organizations to easily build software applications and work management tools that fit their needs. As of March 31, 2021, it served nearly 128,000 customers across over 200 industries in more than 190 countries. Salesforce and Zoom plan to invest a combined $150 million in a concurrent private placement.</p><p><blockquote>以色列的<b>星期一网</b>(MNDY) 计划以 68 亿美元的市值筹集 4.9 亿美元。monday.com允许组织轻松构建适合其需求的软件应用程序和工作管理工具。截至2021年3月31日，它为190多个国家200多个行业的近128,000名客户提供服务。Salesforce 和 Zoom 计划同时投资 1.5 亿美元进行私募。</blockquote></p><p> BPO vendor&nbsp;<b>TaskUs</b>(TASK) plans to raise $304 million at a $2.5 billion market cap. TaskUs is a digital business services outsourcer, providing digital customer experience services, content security services, and artificial intelligence operations. Profitable with strong growth, the company had over 100 clients as of December 31, 2020.</p><p><blockquote>BPO供应商<b>口袋</b>（任务）计划以25亿美元的市值筹集3.04亿美元。TaskUs是一家数字商业服务外包商，提供数字客户体验服务、内容安全服务和人工智能运营。截至2020年12月31日，该公司盈利且增长强劲，拥有100多家客户。</blockquote></p><p> Data-driven marketing platform&nbsp;<b>Zeta Global</b>(ZETA) plans to raise $250 million at a $2.1 billion market cap. The company’s Zeta Marketing Platform uses identity data to target, connect, and engage consumers across email, social media, web, chat, connected TV, video, and other channels. Zeta is profitable and serves more than 1,000 customers, delivering roughly 500 million ad impressions in 2020.</p><p><blockquote>数据驱动营销平台<b>泽塔全球</b>(ZETA) 计划以 21 亿美元的市值筹集 2.5 亿美元。该公司的 Zeta 营销平台利用身份数据，通过电子邮件、社交媒体、网络、聊天、联网电视、视频和其他渠道锁定、联系和吸引消费者。Zeta 盈利，为 1,000 多名客户提供服务，到 2020 年将提供大约 5 亿次广告展示。</blockquote></p><p> Online luxury goods marketplace&nbsp;<b>1stDibs</b>(DIBS) plans to raise $112 million at a $773 million market cap. 1stDibs connects buyers and sellers of vintage, antique, and contemporary furniture, home decor, jewelry, watches, art, and fashion. In 2020, the marketplace had more than 58,000 buyers who had made a purchase in the past year, with an average aggregate purchase per year of over $5,500.</p><p><blockquote>在线奢侈品市场<b>1stDibs</b>(DIBS) 计划以 7.73 亿美元的市值筹集 1.12 亿美元。1stDibs连接古董、古董和当代家具、家居装饰、珠宝、手表、艺术和时尚的买家和卖家。2020 年，该市场在过去一年中有超过 58,000 名买家进行了购买，平均每年总购买金额超过 5,500 美元。</blockquote></p><p> Chinese online tutoring platform&nbsp;<b>Zhangmen Education</b>(ZME) plans to raise $43 million at a $1.9 billion market cap. Zhangmen Education states that it has been the largest online K-12 tutoring service provider in China by revenue since 2017, claiming a 32% market share in 2020.</p><p><blockquote>中文在线辅导平台<b>掌门教育</b>(ZME) 计划以 19 亿美元的市值筹集 4300 万美元。掌门教育表示，自2017年以来，按收入计算，它一直是中国最大的在线K-12辅导服务提供商，2020年市场份额为32%。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/d771f02e44d9d489ff772f1577280332\" tg-width=\"945\" tg-height=\"666\"></p><p><blockquote></blockquote></p><p> Street research is expected for six companies, and lock-up periods will be expiring for up to 11 companies.</p><p><blockquote>预计将对 6 家公司进行街头调查，多达 11 家公司的禁售期将到期。</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 6/3/21, the Renaissance IPO Index was down 6.0% year-to-date, while the S&amp;P 500 was up 11.6%. Renaissance Capital's IPO ETF (NYSE: IPO) tracks the index, and top ETF holdings include Zoom Video (ZM) and Uber (UBER). The Renaissance International IPO Index was down 1.1% year-to-date, while the ACWX was up 10.5%. Renaissance Capital’s International IPO ETF (NYSE: IPOS) tracks the index, and top ETF holdings include Nexi 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2021年6月3日，文艺复兴IPO指数年初至今下跌6.0%，而标普500上涨11.6%。Renaissance Capital 的 IPO ETF（纽约证券交易所股票代码：IPO）追踪该指数，持有量最大的 ETF 包括Zoom Video (ZM) 和优步 (UBER)。Renaissance International IPO 指数今年迄今下跌 1.1%，而 ACWX 指数上涨 10.5%。Renaissance Capital 的国际 IPO ETF（纽约证券交易所股票代码：IPOS）追踪该指数，持有的 ETF 包括 Nexi 和 EQT Partners。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.renaissancecapital.com/IPO-Center/News/82421/US-IPO-Week-Ahead-Digital-payments-mental-health-services-and-more-in-a-div\">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","MQ":"Marqeta, Inc.","MNDY":"Monday.com Ltd.",".DJI":"道琼斯","BZ":"BOSS直聘","TASK":"TaskUs Inc.","LFST":"LifeStance Health Group, Inc.","DIBS":"1stdibs.com Inc.",".IXIC":"NASDAQ Composite","ZME":"掌门教育","ZETA":"Zeta Global Holdings Corp."},"source_url":"https://www.renaissancecapital.com/IPO-Center/News/82421/US-IPO-Week-Ahead-Digital-payments-mental-health-services-and-more-in-a-div","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1106312903","content_text":"Summary\n\nEight IPOs are currently slated to raise $3.7 billion, featuring digital payments, mental health services, and more.\nPayments platform Marqeta plans to raise $1.0 billion at a $12.4 billion market cap.\nChinese online recruitment platform Kanzhun plans to raise $864 million at an $8.2 billion market cap.\n\nEight IPOs are currently slated to raise $3.7 billion, featuring digital payments, mental health services, and more.\nPayments platform Marqeta(MQ) plans to raise $1.0 billion at a $12.4 billion market cap. The company's platform allows businesses to launch and manage their own card programs, issue cards to their customers or end users, and authorize and settle transactions. Marqeta is fast growing and counts names like Affirm (AFRM) and DoorDash (DASH) among its customers.\nChinese online recruitment platform Kanzhun(BZ) plans to raise $864 million at an $8.2 billion market cap. Kanzhun's core product, BOSS Zhipin, is a mobile-native platform that promotes direct chats between job seekers and enterprise clients. The company claims it was the largest online recruitment platform in China by MAUs in 2020.\nMental health services provider LifeStance Health(LFST) plans to raise $640 million at a $6.1 billion market cap. LifeStance states that it has built one of the nation's largest outpatient mental health platforms, employing over 3,300 licensed mental health clinicians across 73 MSAs in 27 states as of March 31, 2021. The company has demonstrated growth, though EBIT turned negative in the 1Q21.\nIsrael’s monday.com(MNDY) plans to raise $490 million at a $6.8 billion market cap. monday.com allows organizations to easily build software applications and work management tools that fit their needs. As of March 31, 2021, it served nearly 128,000 customers across over 200 industries in more than 190 countries. Salesforce and Zoom plan to invest a combined $150 million in a concurrent private placement.\nBPO vendor TaskUs(TASK) plans to raise $304 million at a $2.5 billion market cap. TaskUs is a digital business services outsourcer, providing digital customer experience services, content security services, and artificial intelligence operations. Profitable with strong growth, the company had over 100 clients as of December 31, 2020.\nData-driven marketing platform Zeta Global(ZETA) plans to raise $250 million at a $2.1 billion market cap. The company’s Zeta Marketing Platform uses identity data to target, connect, and engage consumers across email, social media, web, chat, connected TV, video, and other channels. Zeta is profitable and serves more than 1,000 customers, delivering roughly 500 million ad impressions in 2020.\nOnline luxury goods marketplace 1stDibs(DIBS) plans to raise $112 million at a $773 million market cap. 1stDibs connects buyers and sellers of vintage, antique, and contemporary furniture, home decor, jewelry, watches, art, and fashion. In 2020, the marketplace had more than 58,000 buyers who had made a purchase in the past year, with an average aggregate purchase per year of over $5,500.\nChinese online tutoring platform Zhangmen Education(ZME) plans to raise $43 million at a $1.9 billion market cap. Zhangmen Education states that it has been the largest online K-12 tutoring service provider in China by revenue since 2017, claiming a 32% market share in 2020.\n\nStreet research is expected for six companies, and lock-up periods will be expiring for up to 11 companies.\nIPO Market Snapshot\nThe Renaissance IPO Indices are market cap weighted baskets of newly public companies. As of 6/3/21, the Renaissance IPO Index was down 6.0% year-to-date, while the S&P 500 was up 11.6%. Renaissance Capital's IPO ETF (NYSE: IPO) tracks the index, and top ETF holdings include Zoom Video (ZM) and Uber (UBER). The Renaissance International IPO Index was down 1.1% year-to-date, while the ACWX was up 10.5%. Renaissance Capital’s International IPO ETF (NYSE: IPOS) tracks the index, and top ETF holdings include Nexi and EQT Partners.","news_type":1,"symbols_score_info":{"BZ":0.9,"MQ":0.9,"DIBS":0.9,".SPX":0.9,"ZETA":0.9,".IXIC":0.9,"LFST":0.9,"ZME":0.9,"TASK":0.9,"MNDY":0.9,".DJI":0.9}},"isVote":1,"tweetType":1,"viewCount":472,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":118746043,"gmtCreate":1622763749082,"gmtModify":1631884666709,"author":{"id":"3581892318324369","authorId":"3581892318324369","name":"tjseng","avatar":"https://static.tigerbbs.com/916d5c4f8dda4d6d5e4723b340f9a377","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581892318324369","authorIdStr":"3581892318324369"},"themes":[],"title":"","htmlText":"China companies now growing big, hopefullythey can soon reach into global markets andmake us enjoy their products and services.&nbsp;","listText":"China companies now growing big, hopefullythey can soon reach into global markets andmake us enjoy their products and services.&nbsp;","text":"China companies now growing big, hopefullythey can soon reach into global markets andmake us enjoy their products and services.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/118746043","repostId":"2140422463","repostType":4,"isVote":1,"tweetType":1,"viewCount":959,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":113525601,"gmtCreate":1622628014103,"gmtModify":1631884186621,"author":{"id":"3581892318324369","authorId":"3581892318324369","name":"tjseng","avatar":"https://static.tigerbbs.com/916d5c4f8dda4d6d5e4723b340f9a377","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581892318324369","authorIdStr":"3581892318324369"},"themes":[],"title":"","htmlText":"The price of&nbsp;AAPL still within the reach of retail investors, while Google a bit pricey.&nbsp;","listText":"The price of&nbsp;AAPL still within the reach of retail investors, while Google a bit pricey.&nbsp;","text":"The price of AAPL still within the reach of retail investors, while Google a bit pricey.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/113525601","repostId":"1152687413","repostType":4,"repost":{"id":"1152687413","kind":"news","pubTimestamp":1622624555,"share":"https://www.laohunote.com/m/news/1152687413?lang=zh_CN&edition=full","pubTime":"2021-06-02 17:02","market":"us","language":"en","title":"Apple Stock Vs. Google Stock: Which Is The Better Buy?<blockquote>苹果股票与谷歌股票：哪个更值得购买？</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1152687413","media":"seekingalpha","summary":"Summary\n\nApple is generally the most owned stock by retail investors at any given time. Google, also","content":"<p><b>Summary</b></p><p><blockquote><b>总结</b></blockquote></p><p> <ul>  <li>Apple is generally the most owned stock by retail investors at any given time. Google, also known as Alphabet, is a favorite of institutional investors.</li>  <li>Both companies have made tens of thousands of employees and shareholders multi-millionaires, but going forward, I believe one stock offers better prospects than the other.</li>  <li>I compare Apple and Google on valuation, growth prospects, institutional ownership, and volatility.</li> </ul> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/c1d1935740482372c9374a4036065586\" tg-width=\"768\" tg-height=\"511\"><span>Photo by dicus63/iStock via Getty Images</span></p><p><blockquote><ul><li>苹果通常是散户投资者在任何给定时间持有最多的股票。谷歌，也被称为Alphabet，是机构投资者的最爱。</li><li>两家公司都让数万名员工和股东成为千万富翁，但展望未来，我相信一只股票比另一只股票提供了更好的前景。</li><li>我比较了苹果和谷歌的估值、增长前景、机构所有权和波动性。</li></ul><p class=\"t-img-caption\"><span>照片由 dicus63/iStock 提供，来自 Getty Images</span></p></blockquote></p><p> Apple (AAPL) and Google (GOOG) are two great American success stories, with each making tens of thousands of shareholders and employees multimillionaires. A 2012 analysis by&nbsp;<i>Reuters</i>&nbsp;ballparked the average Apple corporate employee as having vested over their career about&nbsp;$3.4 million in AAPL before taxes, today with the 10x higher share price but more employees to divide by, I would guess this number would probably be around $10-$20 million before taxes (with senior people obviously having earned more and junior having earned less). Google is known for being even more generous with stock grants. When the company went public, the<i>New York Times</i>reported that stock options made the company&nbsp;masseuse a multi-millionaire, among many other employees. Google and Apple created great wealth, but Microsoft (MSFT) takes the cake for employee millionaires,creating over 10,000 millionaires. As fate would have it, my dad lived in Seattle in the 1980s when Microsoft was in its early days–he turned down a job offer from Microsoft for reasons unknown.</p><p><blockquote>苹果（AAPL）和谷歌（GOOG）是两个伟大的美国成功故事，每个故事都让成千上万的股东和员工成为千万富翁。2012年分析<i>路透社</i>苹果公司员工的普通员工在其职业生涯中税前拥有约 340 万美元的 AAPL，如今股价上涨了 10 倍，但要除以的员工更多，我猜这个数字可能在 10 万至 2000 万美元税前（老年人显然挣得更多，而年轻人挣得更少）。众所周知，谷歌在股票授予方面更加慷慨。当公司上市时，<i>纽约时报</i>据报道，股票期权使公司按摩师和许多其他员工成为千万富翁。谷歌和苹果创造了巨大的财富，但微软（MSFT）为员工百万富翁分得了蛋糕，创造了超过10,000名百万富翁。命运安排，我父亲在20世纪80年代住在西雅图，当时微软还处于早期——他拒绝了微软的工作邀请，原因不明。</blockquote></p><p> Here in the<i>Seeking Alpha</i>comment section, there are more than a few shareholders who have become multi-millionaires from investing in technology stocks, especially Apple. Since 2004 (when Google went public), both Google and Apple have seen remarkable success, with Apple returning about $240 (including dividends) on a $1 investment as of my writing this, and Google returning $47. Google clearly executed its business plan well, but Apple hit a home run when they launched the best-selling product of all time (iPhone).</p><p><blockquote>在这里<i>寻求阿尔法</i>评论区，通过投资科技股成为千万富翁的股东不在少数，尤其是苹果。自2004年（谷歌上市时）以来，谷歌和苹果都取得了显著的成功，在我写这篇文章时，苹果1美元的投资回报约为240美元（包括股息），而谷歌回报47美元。谷歌显然很好地执行了其商业计划，但当苹果推出有史以来最畅销的产品（iPhone）时，他们击中了本垒打。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/b68434cfa2b94b754cfa88ed1118e7ea\" tg-width=\"635\" tg-height=\"452\"><span>Data by YCharts</span></p><p><blockquote><p class=\"t-img-caption\"><span>数据由YCharts提供</span></p></blockquote></p><p> Their success didn't happen overnight, however, rather it accumulated over time. This gave savvy investors many chances (and second chances) to buy in and join in the party. Apple, in particular, did not see a linear path to success, the company we know today would barely be recognizable in 1997 (before the graph starts) when Steve Jobs returned to a company&nbsp;at the brink of bankruptcy. Google, on the other hand, executed far more quietly, with less drama, intrigue, and publicity.</p><p><blockquote>然而，他们的成功不是一夜之间发生的，而是随着时间的推移而积累的。这给了精明的投资者很多机会（和第二次机会）买入并加入这个派对。尤其是苹果，没有看到一条直线的成功之路，我们今天所知的这家公司在1997年（图表开始之前）几乎无法辨认，当时乔布斯回到了一家濒临破产的公司。另一方面，谷歌的执行要安静得多，没有那么多戏剧性、阴谋和宣传。</blockquote></p><p> Let's start our analysis by looking at valuations for both Apple and Google.</p><p><blockquote>让我们从苹果和谷歌的估值开始分析。</blockquote></p><p> <b>Valuation: Apple Vs. Google</b></p><p><blockquote><b>估值：苹果与谷歌</b></blockquote></p><p> Apple currently trades for&nbsp;24x 2021 earnings estimates. For reference, the S&amp;P 500 (SPY) trades for about 21.5x earnings.</p><p><blockquote>苹果目前的交易价格是 2021 年盈利预期的 24 倍。作为参考，标普500（SPDR标普500指数ETF）的市盈率约为 21.5 倍。</blockquote></p><p> <ul>  <li>For most of the past decade, Apple has traded between&nbsp;10x and 20x earnings.</li>  <li>As recently as 2018, Apple traded for 12-13x earnings.</li>  <li>Apple's valuation has risen in large part due to the growth in its services segment, which allows Apple to make money from existing iPhones rather than having to go out and sell tons of new phones every year.</li>  <li>Apple probably deserves to trade at a higher valuation than before, but 24x seems a little high to me because their growth in earnings per share has been driven in large part by share buybacks (which require a low valuation to be very effective in the long run), and while overall&nbsp;net income for the company has grown over the last 5 years, it has been a bumpy ride–one that was helped greatly by the cut in the US corporate tax rate in 2017.</li> </ul> Google Class A stock (GOOGL),which is the class you should buy&nbsp;currently trades for 27x its 2021 earnings estimates.</p><p><blockquote><ul><li>在过去十年的大部分时间里，苹果的市盈率在 10 倍到 20 倍之间。</li><li>就在 2018 年，苹果的市盈率是 12-13 倍。</li><li>苹果的估值上升在很大程度上是由于其服务部门的增长，这使得苹果能够从现有的iPhone中赚钱，而不必每年出去销售大量的新手机。</li><li>苹果可能应该以比以前更高的估值进行交易，但 24 倍对我来说似乎有点高，因为他们的每股收益增长在很大程度上是由股票回购推动的（从长远来看，这需要低估值才能非常有效），虽然该公司的整体净利润在过去 5 年中有所增长，但这是一段坎坷的旅程——这在 2017 年美国公司税率下调的大大帮助下得到了帮助。</li></ul>谷歌 A 类股票（GOOGL）是您应该购买的类别，目前的交易价格是其 2021 年盈利预期的 27 倍。</blockquote></p><p> <ul>  <li>Googlehas generally tradedat 20-30x earnings in the past decade.</li>  <li>Google is a lot more of a traditional growth stock in the smoothness and growth rate over recent years.</li>  <li>Google's P/E ratio has declined over time as the company has grown larger, while Apple's has increased.</li>  <li>Google has a higher expected earnings growth rate than Apple does.</li> </ul> <b>Apple Vs. Google Earnings Growth Prospects</b></p><p><blockquote><ul><li>在过去十年中，谷歌的市盈率通常是20-30倍。</li><li>近年来，就平稳性和增长率而言，谷歌更像是一只传统的成长型股票。</li><li>随着公司规模的扩大，谷歌的市盈率随着时间的推移而下降，而苹果的市盈率则有所上升。</li><li>谷歌的预期盈利增长率高于苹果。</li></ul><b>苹果与谷歌盈利增长前景</b></blockquote></p><p> Apple's best bet for growth is to sell a ton of iPhones to consumers and then get them paying for services, which they've been successful at doing thus far in the 2020s. Consensus analyst estimates for Apple go out to 2023, and they show growth, but nothing crazy. Estimates have risen greatly since the pandemic lows.</p><p><blockquote>苹果实现增长的最佳选择是向消费者出售大量iPhone，然后让他们为服务付费，到目前为止，他们在2020年代已经成功做到了这一点。分析师对苹果的普遍预测是 2023 年，它们显示出增长，但并不疯狂。自疫情低点以来，估计值已大幅上升。</blockquote></p><p></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/b0a757e1d090a7852ba8eea5d581221c\" tg-width=\"635\" tg-height=\"436\"><span>Data by YCharts</span></p><p><blockquote><p class=\"t-img-caption\"><span>数据由YCharts提供</span></p></blockquote></p><p> One irony of Apple's services revenue is that Google is their largest customer, paying somewhere in the neighborhood of a billion dollars per month to be the default search engine on iPhones. Apple essentially collects a royalty on its iPhones from Google, but how Google makes its money is interesting as well, from selling ads. Apple&nbsp;has discussed starting their own search engine, but they would give up the passive money Google gives them, which is pure profit for Apple and around 15-20 percent of its net income, for the entire company. One potential downside risk for both companies is that the US government declares them to be monopolies and breaks them up in one way or another. I view this as a remote possibility, but a possibility nonetheless.</p><p><blockquote>苹果服务收入的一个讽刺是，谷歌是他们最大的客户，每月支付约10亿美元作为iPhone的默认搜索引擎。苹果基本上从谷歌那里收取iPhone的版税，但谷歌如何通过销售广告赚钱也很有趣。苹果已经讨论过启动他们自己的搜索引擎，但他们将放弃谷歌给他们的被动资金，这是苹果的纯利润，也是整个公司净收入的15-20%左右。这两家公司的一个潜在下行风险是，美国政府宣布它们为垄断企业，并以这样或那样的方式将它们拆分。我认为这是一种微小的可能性，但仍然是一种可能性。</blockquote></p><p> According to analysts, Google's growth prospects are sunnier, with advertising revenue expected to grow more or less like clockwork over time.</p><p><blockquote>分析师表示，谷歌的增长前景更加光明，随着时间的推移，广告收入预计将或多或少像发条一样增长。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/d4b74f5aab048ea890930972845c281d\" tg-width=\"635\" tg-height=\"436\"><span>Data by YCharts</span></p><p><blockquote><p class=\"t-img-caption\"><span>数据由YCharts提供</span></p></blockquote></p><p> Google is expected to see healthy growth in revenue and net income, and fundamentally, there are continued tailwinds for earnings.</p><p><blockquote>谷歌预计收入和净利润将健康增长，从根本上讲，盈利仍有持续的推动力。</blockquote></p><p> <ul>  <li>The pandemic helped Google as advertisers found that Google, YouTube, etc. is a more effective way to advertise than traditional outlets like TV.</li>  <li>As more people globally get internet access and the global economies grow, Google benefits from a double tailwind.</li> </ul> <b>AAPL Vs. GOOGL: Institutional Ownership and Volatility</b></p><p><blockquote><ul><li>疫情帮助了谷歌，因为广告商发现谷歌、YouTube等。是比电视等传统渠道更有效的广告方式。</li><li>随着全球越来越多的人接入互联网和全球经济的增长，谷歌受益于双重顺风。</li></ul><b>AAPL 与GOOGL：机构所有权和波动性</b></blockquote></p><p> Back when&nbsp;Robintrack&nbsp;still had data, it generally indicated that Apple was the most widely held stock by retail investors. On<i>Seeking Alpha</i>, Apple has the greatest number of followers of any ticker, so I generally think that Apple is the most commonly held stock by retail investors. Retail investors have strange taste in stocks, besides Apple, they generally love automakers and airlines, as well as whatever is going up the fastest at the moment, be it Dogecoin (DOGE-USD),AMC, or GameStop(NYSE:GME). In the case of Apple, anyone who bought and held would have made a killing. Another factor that kept retail investors out of Google in the past is the high share price. Many of the best-performing stocks in the market have high share prices because they don't split their stock. With fractional shares today, this is far less of an issue.</p><p><blockquote>当 Robintrack 还有数据时，它通常表明苹果是散户投资者持有最广泛的股票。在<i>寻求阿尔法</i>苹果拥有所有股票中最多的关注者，所以我通常认为苹果是散户投资者最常持有的股票。散户投资者对股票的品味很奇怪，除了苹果，他们通常喜欢汽车制造商和航空公司，以及目前上涨最快的任何股票，无论是狗狗币（DOGE-USD）、AMC 还是游戏驿站（纽约证券交易所股票代码：GME）。就苹果而言，任何购买并持有的人都将犯下谋杀罪。过去让散户投资者远离谷歌的另一个因素是高股价。市场上许多表现最好的股票都有很高的股价，因为它们不分割股票。如今，对于零股来说，这已经不是一个问题了。</blockquote></p><p> Institutional investors like university endowments and pension funds have their own biases, but overall they tend to invest in the fastest-growing stocks.Popular stocks with institutional investors&nbsp;are perennial favorites like PayPal(NASDAQ:PYPL), Google, Visa(NYSE:V), and Mastercard(NYSE:MA). Google is one of the most popular stocks among institutional investors, while Apple is one of the most popular stocks with retail investors. I owned Apple stock for a long time, but with the current valuation, I'd honestly like to see it at or below $100 before I'd commit money to it. With Google, the current valuation may look high, but growth in earnings could easily make the purchase price look like a bargain 2-3 years down the road.</p><p><blockquote>大学捐赠基金和养老基金等机构投资者有自己的偏见，但总体而言，他们倾向于投资增长最快的股票。机构投资者的热门股票是PayPal（纳斯达克股票代码：PYPL）、谷歌、Visa（纽约证券交易所股票代码：V）和万事达卡（纽约证券交易所股票代码：MA）等常年的最爱。谷歌是最受机构投资者欢迎的股票之一，而苹果是最受散户投资者欢迎的股票之一。我持有苹果股票很长时间了，但以目前的估值，老实说，在我投入资金之前，我希望看到它达到或低于 100 美元。对于谷歌来说，目前的估值可能看起来很高，但盈利的增长很容易使 2-3 年后的收购价格看起来很便宜。</blockquote></p><p> Apple is more volatile than Google, and this effect has increased in recent years. Apple's&nbsp;worst drawdown&nbsp;in the past decade is about 40 percent, while Google's worst drawdown is about 28 percent. I'd give an advantage to Google here.</p><p><blockquote>苹果比谷歌更不稳定，这种影响近年来有所增加。苹果在过去十年中最严重的回撤幅度约为40%，而谷歌最严重的回撤幅度约为28%。我会给谷歌一个优势。</blockquote></p><p> <b>Conclusion</b></p><p><blockquote><b>结论</b></blockquote></p><p> Apple and Google are both popular tech stocks. Apple is a fan favorite with retail investors, while Google is popular with institutions. Both trade for slightly higher valuations than the S&amp;P 500 as a whole, and Google is slightly more expensive relative to earnings than Apple. The analyst consensus is that Google has better growth prospects than Apple at the moment, and I agree with this. Apple has returned more than Google has since Google became publicly traded in 2004. Apple stock is more volatile than Google and has historically seen more drawdowns and threats to its business.</p><p><blockquote>苹果和谷歌都是受欢迎的科技股。苹果是散户投资者的最爱，而谷歌则受到机构的欢迎。两家公司的估值都略高于标普500整体，而且相对于收益而言，谷歌的价格也略高于苹果。分析师的共识是谷歌目前比苹果有更好的增长前景，我同意这一点。自谷歌2004年上市以来，苹果的回报超过了谷歌。苹果股票比谷歌波动性更大，历史上其业务遭受过更多的缩水和威胁。</blockquote></p><p> Overall, I find Google a buy at current prices and would wait for a pullback to $100 to buy Apple.</p><p><blockquote>总体而言，我认为谷歌目前的价格值得买入，并会等待回调至 100 美元再买入苹果。</blockquote></p><p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Apple Stock Vs. Google Stock: Which Is The Better Buy?<blockquote>苹果股票与谷歌股票：哪个更值得购买？</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nApple Stock Vs. Google Stock: Which Is The Better Buy?<blockquote>苹果股票与谷歌股票：哪个更值得购买？</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">seekingalpha</strong><span class=\"h-time small\">2021-06-02 17:02</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>Apple is generally the most owned stock by retail investors at any given time. Google, also known as Alphabet, is a favorite of institutional investors.</li>  <li>Both companies have made tens of thousands of employees and shareholders multi-millionaires, but going forward, I believe one stock offers better prospects than the other.</li>  <li>I compare Apple and Google on valuation, growth prospects, institutional ownership, and volatility.</li> </ul> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/c1d1935740482372c9374a4036065586\" tg-width=\"768\" tg-height=\"511\"><span>Photo by dicus63/iStock via Getty Images</span></p><p><blockquote><ul><li>苹果通常是散户投资者在任何给定时间持有最多的股票。谷歌，也被称为Alphabet，是机构投资者的最爱。</li><li>两家公司都让数万名员工和股东成为千万富翁，但展望未来，我相信一只股票比另一只股票提供了更好的前景。</li><li>我比较了苹果和谷歌的估值、增长前景、机构所有权和波动性。</li></ul><p class=\"t-img-caption\"><span>照片由 dicus63/iStock 提供，来自 Getty Images</span></p></blockquote></p><p> Apple (AAPL) and Google (GOOG) are two great American success stories, with each making tens of thousands of shareholders and employees multimillionaires. A 2012 analysis by&nbsp;<i>Reuters</i>&nbsp;ballparked the average Apple corporate employee as having vested over their career about&nbsp;$3.4 million in AAPL before taxes, today with the 10x higher share price but more employees to divide by, I would guess this number would probably be around $10-$20 million before taxes (with senior people obviously having earned more and junior having earned less). Google is known for being even more generous with stock grants. When the company went public, the<i>New York Times</i>reported that stock options made the company&nbsp;masseuse a multi-millionaire, among many other employees. Google and Apple created great wealth, but Microsoft (MSFT) takes the cake for employee millionaires,creating over 10,000 millionaires. As fate would have it, my dad lived in Seattle in the 1980s when Microsoft was in its early days–he turned down a job offer from Microsoft for reasons unknown.</p><p><blockquote>苹果（AAPL）和谷歌（GOOG）是两个伟大的美国成功故事，每个故事都让成千上万的股东和员工成为千万富翁。2012年分析<i>路透社</i>苹果公司员工的普通员工在其职业生涯中税前拥有约 340 万美元的 AAPL，如今股价上涨了 10 倍，但要除以的员工更多，我猜这个数字可能在 10 万至 2000 万美元税前（老年人显然挣得更多，而年轻人挣得更少）。众所周知，谷歌在股票授予方面更加慷慨。当公司上市时，<i>纽约时报</i>据报道，股票期权使公司按摩师和许多其他员工成为千万富翁。谷歌和苹果创造了巨大的财富，但微软（MSFT）为员工百万富翁分得了蛋糕，创造了超过10,000名百万富翁。命运安排，我父亲在20世纪80年代住在西雅图，当时微软还处于早期——他拒绝了微软的工作邀请，原因不明。</blockquote></p><p> Here in the<i>Seeking Alpha</i>comment section, there are more than a few shareholders who have become multi-millionaires from investing in technology stocks, especially Apple. Since 2004 (when Google went public), both Google and Apple have seen remarkable success, with Apple returning about $240 (including dividends) on a $1 investment as of my writing this, and Google returning $47. Google clearly executed its business plan well, but Apple hit a home run when they launched the best-selling product of all time (iPhone).</p><p><blockquote>在这里<i>寻求阿尔法</i>评论区，通过投资科技股成为千万富翁的股东不在少数，尤其是苹果。自2004年（谷歌上市时）以来，谷歌和苹果都取得了显著的成功，在我写这篇文章时，苹果1美元的投资回报约为240美元（包括股息），而谷歌回报47美元。谷歌显然很好地执行了其商业计划，但当苹果推出有史以来最畅销的产品（iPhone）时，他们击中了本垒打。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/b68434cfa2b94b754cfa88ed1118e7ea\" tg-width=\"635\" tg-height=\"452\"><span>Data by YCharts</span></p><p><blockquote><p class=\"t-img-caption\"><span>数据由YCharts提供</span></p></blockquote></p><p> Their success didn't happen overnight, however, rather it accumulated over time. This gave savvy investors many chances (and second chances) to buy in and join in the party. Apple, in particular, did not see a linear path to success, the company we know today would barely be recognizable in 1997 (before the graph starts) when Steve Jobs returned to a company&nbsp;at the brink of bankruptcy. Google, on the other hand, executed far more quietly, with less drama, intrigue, and publicity.</p><p><blockquote>然而，他们的成功不是一夜之间发生的，而是随着时间的推移而积累的。这给了精明的投资者很多机会（和第二次机会）买入并加入这个派对。尤其是苹果，没有看到一条直线的成功之路，我们今天所知的这家公司在1997年（图表开始之前）几乎无法辨认，当时乔布斯回到了一家濒临破产的公司。另一方面，谷歌的执行要安静得多，没有那么多戏剧性、阴谋和宣传。</blockquote></p><p> Let's start our analysis by looking at valuations for both Apple and Google.</p><p><blockquote>让我们从苹果和谷歌的估值开始分析。</blockquote></p><p> <b>Valuation: Apple Vs. Google</b></p><p><blockquote><b>估值：苹果与谷歌</b></blockquote></p><p> Apple currently trades for&nbsp;24x 2021 earnings estimates. For reference, the S&amp;P 500 (SPY) trades for about 21.5x earnings.</p><p><blockquote>苹果目前的交易价格是 2021 年盈利预期的 24 倍。作为参考，标普500（SPDR标普500指数ETF）的市盈率约为 21.5 倍。</blockquote></p><p> <ul>  <li>For most of the past decade, Apple has traded between&nbsp;10x and 20x earnings.</li>  <li>As recently as 2018, Apple traded for 12-13x earnings.</li>  <li>Apple's valuation has risen in large part due to the growth in its services segment, which allows Apple to make money from existing iPhones rather than having to go out and sell tons of new phones every year.</li>  <li>Apple probably deserves to trade at a higher valuation than before, but 24x seems a little high to me because their growth in earnings per share has been driven in large part by share buybacks (which require a low valuation to be very effective in the long run), and while overall&nbsp;net income for the company has grown over the last 5 years, it has been a bumpy ride–one that was helped greatly by the cut in the US corporate tax rate in 2017.</li> </ul> Google Class A stock (GOOGL),which is the class you should buy&nbsp;currently trades for 27x its 2021 earnings estimates.</p><p><blockquote><ul><li>在过去十年的大部分时间里，苹果的市盈率在 10 倍到 20 倍之间。</li><li>就在 2018 年，苹果的市盈率是 12-13 倍。</li><li>苹果的估值上升在很大程度上是由于其服务部门的增长，这使得苹果能够从现有的iPhone中赚钱，而不必每年出去销售大量的新手机。</li><li>苹果可能应该以比以前更高的估值进行交易，但 24 倍对我来说似乎有点高，因为他们的每股收益增长在很大程度上是由股票回购推动的（从长远来看，这需要低估值才能非常有效），虽然该公司的整体净利润在过去 5 年中有所增长，但这是一段坎坷的旅程——这在 2017 年美国公司税率下调的大大帮助下得到了帮助。</li></ul>谷歌 A 类股票（GOOGL）是您应该购买的类别，目前的交易价格是其 2021 年盈利预期的 27 倍。</blockquote></p><p> <ul>  <li>Googlehas generally tradedat 20-30x earnings in the past decade.</li>  <li>Google is a lot more of a traditional growth stock in the smoothness and growth rate over recent years.</li>  <li>Google's P/E ratio has declined over time as the company has grown larger, while Apple's has increased.</li>  <li>Google has a higher expected earnings growth rate than Apple does.</li> </ul> <b>Apple Vs. Google Earnings Growth Prospects</b></p><p><blockquote><ul><li>在过去十年中，谷歌的市盈率通常是20-30倍。</li><li>近年来，就平稳性和增长率而言，谷歌更像是一只传统的成长型股票。</li><li>随着公司规模的扩大，谷歌的市盈率随着时间的推移而下降，而苹果的市盈率则有所上升。</li><li>谷歌的预期盈利增长率高于苹果。</li></ul><b>苹果与谷歌盈利增长前景</b></blockquote></p><p> Apple's best bet for growth is to sell a ton of iPhones to consumers and then get them paying for services, which they've been successful at doing thus far in the 2020s. Consensus analyst estimates for Apple go out to 2023, and they show growth, but nothing crazy. Estimates have risen greatly since the pandemic lows.</p><p><blockquote>苹果实现增长的最佳选择是向消费者出售大量iPhone，然后让他们为服务付费，到目前为止，他们在2020年代已经成功做到了这一点。分析师对苹果的普遍预测是 2023 年，它们显示出增长，但并不疯狂。自疫情低点以来，估计值已大幅上升。</blockquote></p><p></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/b0a757e1d090a7852ba8eea5d581221c\" tg-width=\"635\" tg-height=\"436\"><span>Data by YCharts</span></p><p><blockquote><p class=\"t-img-caption\"><span>数据由YCharts提供</span></p></blockquote></p><p> One irony of Apple's services revenue is that Google is their largest customer, paying somewhere in the neighborhood of a billion dollars per month to be the default search engine on iPhones. Apple essentially collects a royalty on its iPhones from Google, but how Google makes its money is interesting as well, from selling ads. Apple&nbsp;has discussed starting their own search engine, but they would give up the passive money Google gives them, which is pure profit for Apple and around 15-20 percent of its net income, for the entire company. One potential downside risk for both companies is that the US government declares them to be monopolies and breaks them up in one way or another. I view this as a remote possibility, but a possibility nonetheless.</p><p><blockquote>苹果服务收入的一个讽刺是，谷歌是他们最大的客户，每月支付约10亿美元作为iPhone的默认搜索引擎。苹果基本上从谷歌那里收取iPhone的版税，但谷歌如何通过销售广告赚钱也很有趣。苹果已经讨论过启动他们自己的搜索引擎，但他们将放弃谷歌给他们的被动资金，这是苹果的纯利润，也是整个公司净收入的15-20%左右。这两家公司的一个潜在下行风险是，美国政府宣布它们为垄断企业，并以这样或那样的方式将它们拆分。我认为这是一种微小的可能性，但仍然是一种可能性。</blockquote></p><p> According to analysts, Google's growth prospects are sunnier, with advertising revenue expected to grow more or less like clockwork over time.</p><p><blockquote>分析师表示，谷歌的增长前景更加光明，随着时间的推移，广告收入预计将或多或少像发条一样增长。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/d4b74f5aab048ea890930972845c281d\" tg-width=\"635\" tg-height=\"436\"><span>Data by YCharts</span></p><p><blockquote><p class=\"t-img-caption\"><span>数据由YCharts提供</span></p></blockquote></p><p> Google is expected to see healthy growth in revenue and net income, and fundamentally, there are continued tailwinds for earnings.</p><p><blockquote>谷歌预计收入和净利润将健康增长，从根本上讲，盈利仍有持续的推动力。</blockquote></p><p> <ul>  <li>The pandemic helped Google as advertisers found that Google, YouTube, etc. is a more effective way to advertise than traditional outlets like TV.</li>  <li>As more people globally get internet access and the global economies grow, Google benefits from a double tailwind.</li> </ul> <b>AAPL Vs. GOOGL: Institutional Ownership and Volatility</b></p><p><blockquote><ul><li>疫情帮助了谷歌，因为广告商发现谷歌、YouTube等。是比电视等传统渠道更有效的广告方式。</li><li>随着全球越来越多的人接入互联网和全球经济的增长，谷歌受益于双重顺风。</li></ul><b>AAPL 与GOOGL：机构所有权和波动性</b></blockquote></p><p> Back when&nbsp;Robintrack&nbsp;still had data, it generally indicated that Apple was the most widely held stock by retail investors. On<i>Seeking Alpha</i>, Apple has the greatest number of followers of any ticker, so I generally think that Apple is the most commonly held stock by retail investors. Retail investors have strange taste in stocks, besides Apple, they generally love automakers and airlines, as well as whatever is going up the fastest at the moment, be it Dogecoin (DOGE-USD),AMC, or GameStop(NYSE:GME). In the case of Apple, anyone who bought and held would have made a killing. Another factor that kept retail investors out of Google in the past is the high share price. Many of the best-performing stocks in the market have high share prices because they don't split their stock. With fractional shares today, this is far less of an issue.</p><p><blockquote>当 Robintrack 还有数据时，它通常表明苹果是散户投资者持有最广泛的股票。在<i>寻求阿尔法</i>苹果拥有所有股票中最多的关注者，所以我通常认为苹果是散户投资者最常持有的股票。散户投资者对股票的品味很奇怪，除了苹果，他们通常喜欢汽车制造商和航空公司，以及目前上涨最快的任何股票，无论是狗狗币（DOGE-USD）、AMC 还是游戏驿站（纽约证券交易所股票代码：GME）。就苹果而言，任何购买并持有的人都将犯下谋杀罪。过去让散户投资者远离谷歌的另一个因素是高股价。市场上许多表现最好的股票都有很高的股价，因为它们不分割股票。如今，对于零股来说，这已经不是一个问题了。</blockquote></p><p> Institutional investors like university endowments and pension funds have their own biases, but overall they tend to invest in the fastest-growing stocks.Popular stocks with institutional investors&nbsp;are perennial favorites like PayPal(NASDAQ:PYPL), Google, Visa(NYSE:V), and Mastercard(NYSE:MA). Google is one of the most popular stocks among institutional investors, while Apple is one of the most popular stocks with retail investors. I owned Apple stock for a long time, but with the current valuation, I'd honestly like to see it at or below $100 before I'd commit money to it. With Google, the current valuation may look high, but growth in earnings could easily make the purchase price look like a bargain 2-3 years down the road.</p><p><blockquote>大学捐赠基金和养老基金等机构投资者有自己的偏见，但总体而言，他们倾向于投资增长最快的股票。机构投资者的热门股票是PayPal（纳斯达克股票代码：PYPL）、谷歌、Visa（纽约证券交易所股票代码：V）和万事达卡（纽约证券交易所股票代码：MA）等常年的最爱。谷歌是最受机构投资者欢迎的股票之一，而苹果是最受散户投资者欢迎的股票之一。我持有苹果股票很长时间了，但以目前的估值，老实说，在我投入资金之前，我希望看到它达到或低于 100 美元。对于谷歌来说，目前的估值可能看起来很高，但盈利的增长很容易使 2-3 年后的收购价格看起来很便宜。</blockquote></p><p> Apple is more volatile than Google, and this effect has increased in recent years. Apple's&nbsp;worst drawdown&nbsp;in the past decade is about 40 percent, while Google's worst drawdown is about 28 percent. I'd give an advantage to Google here.</p><p><blockquote>苹果比谷歌更不稳定，这种影响近年来有所增加。苹果在过去十年中最严重的回撤幅度约为40%，而谷歌最严重的回撤幅度约为28%。我会给谷歌一个优势。</blockquote></p><p> <b>Conclusion</b></p><p><blockquote><b>结论</b></blockquote></p><p> Apple and Google are both popular tech stocks. Apple is a fan favorite with retail investors, while Google is popular with institutions. Both trade for slightly higher valuations than the S&amp;P 500 as a whole, and Google is slightly more expensive relative to earnings than Apple. The analyst consensus is that Google has better growth prospects than Apple at the moment, and I agree with this. Apple has returned more than Google has since Google became publicly traded in 2004. Apple stock is more volatile than Google and has historically seen more drawdowns and threats to its business.</p><p><blockquote>苹果和谷歌都是受欢迎的科技股。苹果是散户投资者的最爱，而谷歌则受到机构的欢迎。两家公司的估值都略高于标普500整体，而且相对于收益而言，谷歌的价格也略高于苹果。分析师的共识是谷歌目前比苹果有更好的增长前景，我同意这一点。自谷歌2004年上市以来，苹果的回报超过了谷歌。苹果股票比谷歌波动性更大，历史上其业务遭受过更多的缩水和威胁。</blockquote></p><p> Overall, I find Google a buy at current prices and would wait for a pullback to $100 to buy Apple.</p><p><blockquote>总体而言，我认为谷歌目前的价格值得买入，并会等待回调至 100 美元再买入苹果。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://seekingalpha.com/article/4432451-google-stock-vs-apple-stock-better-buy\">seekingalpha</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":{"GOOG":"谷歌","GOOGL":"谷歌A","AAPL":"苹果"},"source_url":"https://seekingalpha.com/article/4432451-google-stock-vs-apple-stock-better-buy","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1152687413","content_text":"Summary\n\nApple is generally the most owned stock by retail investors at any given time. Google, also known as Alphabet, is a favorite of institutional investors.\nBoth companies have made tens of thousands of employees and shareholders multi-millionaires, but going forward, I believe one stock offers better prospects than the other.\nI compare Apple and Google on valuation, growth prospects, institutional ownership, and volatility.\n\nPhoto by dicus63/iStock via Getty Images\nApple (AAPL) and Google (GOOG) are two great American success stories, with each making tens of thousands of shareholders and employees multimillionaires. A 2012 analysis by Reuters ballparked the average Apple corporate employee as having vested over their career about $3.4 million in AAPL before taxes, today with the 10x higher share price but more employees to divide by, I would guess this number would probably be around $10-$20 million before taxes (with senior people obviously having earned more and junior having earned less). Google is known for being even more generous with stock grants. When the company went public, theNew York Timesreported that stock options made the company masseuse a multi-millionaire, among many other employees. Google and Apple created great wealth, but Microsoft (MSFT) takes the cake for employee millionaires,creating over 10,000 millionaires. As fate would have it, my dad lived in Seattle in the 1980s when Microsoft was in its early days–he turned down a job offer from Microsoft for reasons unknown.\nHere in theSeeking Alphacomment section, there are more than a few shareholders who have become multi-millionaires from investing in technology stocks, especially Apple. Since 2004 (when Google went public), both Google and Apple have seen remarkable success, with Apple returning about $240 (including dividends) on a $1 investment as of my writing this, and Google returning $47. Google clearly executed its business plan well, but Apple hit a home run when they launched the best-selling product of all time (iPhone).\nData by YCharts\nTheir success didn't happen overnight, however, rather it accumulated over time. This gave savvy investors many chances (and second chances) to buy in and join in the party. Apple, in particular, did not see a linear path to success, the company we know today would barely be recognizable in 1997 (before the graph starts) when Steve Jobs returned to a company at the brink of bankruptcy. Google, on the other hand, executed far more quietly, with less drama, intrigue, and publicity.\nLet's start our analysis by looking at valuations for both Apple and Google.\nValuation: Apple Vs. Google\nApple currently trades for 24x 2021 earnings estimates. For reference, the S&P 500 (SPY) trades for about 21.5x earnings.\n\nFor most of the past decade, Apple has traded between 10x and 20x earnings.\nAs recently as 2018, Apple traded for 12-13x earnings.\nApple's valuation has risen in large part due to the growth in its services segment, which allows Apple to make money from existing iPhones rather than having to go out and sell tons of new phones every year.\nApple probably deserves to trade at a higher valuation than before, but 24x seems a little high to me because their growth in earnings per share has been driven in large part by share buybacks (which require a low valuation to be very effective in the long run), and while overall net income for the company has grown over the last 5 years, it has been a bumpy ride–one that was helped greatly by the cut in the US corporate tax rate in 2017.\n\nGoogle Class A stock (GOOGL),which is the class you should buy currently trades for 27x its 2021 earnings estimates.\n\nGooglehas generally tradedat 20-30x earnings in the past decade.\nGoogle is a lot more of a traditional growth stock in the smoothness and growth rate over recent years.\nGoogle's P/E ratio has declined over time as the company has grown larger, while Apple's has increased.\nGoogle has a higher expected earnings growth rate than Apple does.\n\nApple Vs. Google Earnings Growth Prospects\nApple's best bet for growth is to sell a ton of iPhones to consumers and then get them paying for services, which they've been successful at doing thus far in the 2020s. Consensus analyst estimates for Apple go out to 2023, and they show growth, but nothing crazy. Estimates have risen greatly since the pandemic lows.\nData by YCharts\nOne irony of Apple's services revenue is that Google is their largest customer, paying somewhere in the neighborhood of a billion dollars per month to be the default search engine on iPhones. Apple essentially collects a royalty on its iPhones from Google, but how Google makes its money is interesting as well, from selling ads. Apple has discussed starting their own search engine, but they would give up the passive money Google gives them, which is pure profit for Apple and around 15-20 percent of its net income, for the entire company. One potential downside risk for both companies is that the US government declares them to be monopolies and breaks them up in one way or another. I view this as a remote possibility, but a possibility nonetheless.\nAccording to analysts, Google's growth prospects are sunnier, with advertising revenue expected to grow more or less like clockwork over time.\nData by YCharts\nGoogle is expected to see healthy growth in revenue and net income, and fundamentally, there are continued tailwinds for earnings.\n\nThe pandemic helped Google as advertisers found that Google, YouTube, etc. is a more effective way to advertise than traditional outlets like TV.\nAs more people globally get internet access and the global economies grow, Google benefits from a double tailwind.\n\nAAPL Vs. GOOGL: Institutional Ownership and Volatility\nBack when Robintrack still had data, it generally indicated that Apple was the most widely held stock by retail investors. OnSeeking Alpha, Apple has the greatest number of followers of any ticker, so I generally think that Apple is the most commonly held stock by retail investors. Retail investors have strange taste in stocks, besides Apple, they generally love automakers and airlines, as well as whatever is going up the fastest at the moment, be it Dogecoin (DOGE-USD),AMC, or GameStop(NYSE:GME). In the case of Apple, anyone who bought and held would have made a killing. Another factor that kept retail investors out of Google in the past is the high share price. Many of the best-performing stocks in the market have high share prices because they don't split their stock. With fractional shares today, this is far less of an issue.\nInstitutional investors like university endowments and pension funds have their own biases, but overall they tend to invest in the fastest-growing stocks.Popular stocks with institutional investors are perennial favorites like PayPal(NASDAQ:PYPL), Google, Visa(NYSE:V), and Mastercard(NYSE:MA). Google is one of the most popular stocks among institutional investors, while Apple is one of the most popular stocks with retail investors. I owned Apple stock for a long time, but with the current valuation, I'd honestly like to see it at or below $100 before I'd commit money to it. With Google, the current valuation may look high, but growth in earnings could easily make the purchase price look like a bargain 2-3 years down the road.\nApple is more volatile than Google, and this effect has increased in recent years. Apple's worst drawdown in the past decade is about 40 percent, while Google's worst drawdown is about 28 percent. I'd give an advantage to Google here.\nConclusion\nApple and Google are both popular tech stocks. Apple is a fan favorite with retail investors, while Google is popular with institutions. Both trade for slightly higher valuations than the S&P 500 as a whole, and Google is slightly more expensive relative to earnings than Apple. The analyst consensus is that Google has better growth prospects than Apple at the moment, and I agree with this. Apple has returned more than Google has since Google became publicly traded in 2004. Apple stock is more volatile than Google and has historically seen more drawdowns and threats to its business.\nOverall, I find Google a buy at current prices and would wait for a pullback to $100 to buy Apple.","news_type":1,"symbols_score_info":{"GOOGL":0.9,"GOOG":0.9,"AAPL":0.9}},"isVote":1,"tweetType":1,"viewCount":1080,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":113194147,"gmtCreate":1622596978289,"gmtModify":1634100098890,"author":{"id":"3581892318324369","authorId":"3581892318324369","name":"tjseng","avatar":"https://static.tigerbbs.com/916d5c4f8dda4d6d5e4723b340f9a377","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581892318324369","authorIdStr":"3581892318324369"},"themes":[],"title":"","htmlText":"Coins&nbsp;will be the future of financial instrument.&nbsp;","listText":"Coins&nbsp;will be the future of financial instrument.&nbsp;","text":"Coins will be the future of financial instrument.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/113194147","repostId":"1100370600","repostType":4,"isVote":1,"tweetType":1,"viewCount":655,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":110398629,"gmtCreate":1622424595661,"gmtModify":1634101630571,"author":{"id":"3581892318324369","authorId":"3581892318324369","name":"tjseng","avatar":"https://static.tigerbbs.com/916d5c4f8dda4d6d5e4723b340f9a377","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3581892318324369","idStr":"3581892318324369"},"themes":[],"title":"","htmlText":"Lulu will sure to have another round of goodresult.&nbsp;","listText":"Lulu will sure to have another round of goodresult.&nbsp;","text":"Lulu will sure to have another round of goodresult.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":5,"repostSize":0,"link":"https://laohu8.com/post/110398629","repostId":"1127487048","repostType":4,"repost":{"id":"1127487048","kind":"news","pubTimestamp":1622416539,"share":"https://www.laohunote.com/m/news/1127487048?lang=zh_CN&edition=full","pubTime":"2021-05-31 07:15","market":"us","language":"en","title":"Zoom, Lululemon, Canopy Growth and Other Stocks for Investors to See This Week<blockquote>Zoom、Lululemon、Canopy Growth 和其他投资者本周值得关注的股票</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1127487048","media":"Barron's","summary":"U.S. stock and bond markets are closed Monday for Memorial Day. Investors will return from the long ","content":"<p>U.S. stock and bond markets are closed Monday for Memorial Day. <a href=\"https://laohu8.com/S/ISBC\">Investors</a> will return from the long weekend to a handful of notable companies’ quarterly results.&nbsp;<a href=\"https://laohu8.com/S/ZM\">Zoom</a> Video <a href=\"https://laohu8.com/S/JCS\">Communications</a>,Canopy Growth,and&nbsp;Hewlett Packard Enterprisereport on Tuesday, followed by&nbsp;Advance Auto Partson Wednesday. On Thursday,&nbsp;<a href=\"https://laohu8.com/S/AVGO\">Broadcom</a>,DocuSign,and&nbsp;Lululemon&nbsp;Athletica release results.</p><p><blockquote>美国股票和债券市场周一因阵亡将士纪念日休市。<a href=\"https://laohu8.com/S/ISBC\">投资者</a>我们将从长周末回到少数几家知名公司的季度业绩。<a href=\"https://laohu8.com/S/ZM\">缩放</a>录像<a href=\"https://laohu8.com/S/JCS\">通讯</a>Canopy Growth 和惠普企业报告将于周二发布，随后是周三发布的 Advance Auto Partson。周四，<a href=\"https://laohu8.com/S/AVGO\">博通</a>DocuSign 和 Lululemon Athletica 发布结果。</blockquote></p><p>The highlight on the economic-data calendar this week will be Friday’s May jobs report from the Bureau of Labor Statistics. The consensus forecast is for a gain of 700,000 nonfarm payrolls, after a disappointing 266,000 in April. The unemployment rate is expected to tick down&nbsp;to 5.9%, from 6.1%.</p><p><blockquote>本周经济数据日历上的重头戏将是周五美国劳工统计局发布的 5 月份就业报告。普遍预测非农就业人数将增加 70 万人，而 4 月份非农就业人数为令人失望的 26.6 万人。失业率预计将从 6.1% 降至 5.9%。</blockquote></p><p>Other data out this week include the Institute for Supply Management’s Manufacturing Purchasing Managers’ Index for May on Tuesday and the Services equivalent on Thursday. Both are seen staying roughly even with April’s buoyant levels.&nbsp;The Organization for Economic Cooperation and Development also releases its latest economic outlook on Monday.</p><p><blockquote>本周公布的其他数据包括周二公布的美国供应管理协会（Institute for Supply Management）5 月份制造业采购经理人指数和周四公布的服务业同等指数。两者都与 4 月份的旺盛水平大致持平。经济合作与发展组织（Organization for Economic Cooperation and Development）也将于周一发布最新经济展望。</blockquote></p><p>Monday 5/31</p><p><blockquote>5月31日星期一</blockquote></p><p><b>Stock and fixed-income</b>&nbsp;markets are closed in observance of Memorial Day.</p><p><blockquote><b>股票和固定收益</b>为纪念阵亡将士纪念日，市场关闭。</blockquote></p><p><b>The Organization</b>for Economic Cooperation and Development releases its latest economic outlook. In its March interim report, the OECD projected a 5.6% growth rate for global gross domestic product in 2021, an upward revision of a full percentage point from the December 2020 forecast.</p><p><blockquote><b>组织</b>为经济合作与发展发布其最新经济展望。在3月份的中期报告中，经合组织预计2021年全球国内生产总值增长率为5.6%，比2020年12月的预测上调了整整一个百分点。</blockquote></p><p>Tuesday 6/1</p><p><blockquote>星期二 6/1</blockquote></p><p><a href=\"https://laohu8.com/S/BNS\">Bank of Nova Scotia</a>,Canopy Growth, <a href=\"https://laohu8.com/S/HPE\">Hewlett Packard Enterprise</a>, and Zoom Video Communications announce quarterly results.</p><p><blockquote><a href=\"https://laohu8.com/S/BNS\">新斯科舍银行</a>树冠生长，<a href=\"https://laohu8.com/S/HPE\">慧与</a>和Zoom Video通信公司公布季度业绩。</blockquote></p><p><b>The Institute for Supply</b>Management releases its Manufacturing Purchasing Managers’ Index for May. Consensus estimate is for a 60.8 reading, roughly even with the April data.</p><p><blockquote><b>供应研究所</b>管理层发布了 5 月份制造业采购经理人指数。一致估计读数为 60.8，与 4 月份的数据大致持平。</blockquote></p><p><b>The Census Bureau</b>reports construction spending for April. Expectations are for a 0.6% month-over-month rise to a seasonally adjusted annual rate of $1.52 trillion. Construction spending remains just below its all-time peak in January of this year.</p><p><blockquote><b>人口普查局</b>报告四月份的建筑支出。预计环比增长 0.6%，经季节性调整后的年增长率为 1.52 万亿美元。建筑支出仍略低于今年 1 月的历史峰值。</blockquote></p><p>Wednesday 6/2</p><p><blockquote>星期三 6/2</blockquote></p><p><a href=\"https://laohu8.com/S/AAP\">Advance Auto Parts</a>,<a href=\"https://laohu8.com/S/NTAP\">NetApp</a>,and PVH report earnings.</p><p><blockquote><a href=\"https://laohu8.com/S/AAP\">先进汽车零部件</a>,<a href=\"https://laohu8.com/S/NTAP\">NetApp</a>和 PVH 报告收益。</blockquote></p><p><a href=\"https://laohu8.com/S/PM\">Philip Morris</a> Internationalhosts a webcast led by CEO Jacek Olczak to discuss the company’s sustainability strategy.</p><p><blockquote><a href=\"https://laohu8.com/S/PM\">菲利普·莫里斯</a>InternationalHosting 由首席执行官 Jacek Olczak 主持网络直播，讨论公司的可持续发展战略。</blockquote></p><p><b>The Federal Reserve</b>releases the beige book for the fourth of eight times this year. The report presents anecdotal data on the health of the economy collected by the 12 Federal Reserve Bank districts.</p><p><blockquote><b>美联储</b>今年八次中的第四次发布褐皮书。该报告介绍了12个美联储银行地区收集的关于经济健康状况的轶事数据。</blockquote></p><p>Thursday 6/3</p><p><blockquote>星期四 6/3</blockquote></p><p><b>ADP releases its <a href=\"https://laohu8.com/S/NHLD\">National</a> Employment</b>report for May. Consensus estimate is for a 610,000 gain in nonfarm private-sector employment, following an increase of 742,000 in April.</p><p><blockquote><b>ADP 发布其<a href=\"https://laohu8.com/S/NHLD\">国家的</a>就业</b>五月报告。普遍估计，继 4 月份增加 74.2 万人之后，非农私营部门就业人数将增加 61 万人。</blockquote></p><p>Broadcom,CooperCos., DocuSign,J.M. Smucker,and <a href=\"https://laohu8.com/S/LULU\">Lululemon Athletica</a> hold conference calls to discuss earnings.</p><p><blockquote>博通、库珀公司、DocuSign、J.M。斯穆克，以及<a href=\"https://laohu8.com/S/LULU\">露露柠檬运动</a>在评级召开会议讨论收益。</blockquote></p><p><b>The Bureau of Economic Analysis</b>reports total light-vehicle sales for May. In April, they hit a seasonally adjusted annual rate of 18.5 million, the highest figure since July 2005.</p><p><blockquote><b>经济分析局</b>报告 5 月份轻型车总销量。 4 月份，经季节性调整后的年增长率达到 1850 万辆，为 2005 年 7 月以来的最高数字。</blockquote></p><p><b>The ISM releases</b>its Services PMI for May. Consensus estimate is for a 63.2 reading, compared with April’s 62.7 figure.</p><p><blockquote><b>ISM发布</b>5月份服务业采购经理人指数（PMI）。共识估计为63.2，而4月份为62.7。</blockquote></p><p>Friday 6/4</p><p><blockquote>星期五 6/4</blockquote></p><p>Amgenhosts a conference call to discuss drug trial data from its oncology pipeline. The information will be presented at the 2021 <a href=\"https://laohu8.com/S/AFG\">American</a> Society of Clinical Oncology annual meeting, which runs virtually from June 4 through June 8.</p><p><blockquote>安进召开电话会议讨论其肿瘤学产品线的药物试验数据。该信息将于 2021 年发布<a href=\"https://laohu8.com/S/AFG\">美国的</a>临床肿瘤学会年会，从6月4日到6月8日举行。</blockquote></p><p><b>The Bureau of Labor</b>Statistics releases the jobs report for May. Economists forecast a 700,000 rise in nonfarm payrolls, after a relatively modest 266,000 gain in April. The unemployment rate is expected to edge down to 5.9% from 6.1%. The April increase was a massive shortfall from the <a href=\"https://laohu8.com/S/AONE\">one</a> million jump expected by some economists.</p><p><blockquote><b>劳工局</b>统计局发布5月份就业报告。经济学家预测，继4月份相对温和地增加26.6万人之后，非农就业人数将增加70万人。失业率预计将从6.1%小幅降至5.9%。四月份的增长与<a href=\"https://laohu8.com/S/AONE\">一</a>一些经济学家预计将增长数百万美元。</blockquote></p><p></p>","source":"lsy1610680873436","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>Zoom, Lululemon, Canopy Growth and Other Stocks for Investors to See This Week<blockquote>Zoom、Lululemon、Canopy Growth 和其他投资者本周值得关注的股票</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nZoom, Lululemon, Canopy Growth and Other Stocks for Investors to See This Week<blockquote>Zoom、Lululemon、Canopy Growth 和其他投资者本周值得关注的股票</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Barron's</strong><span class=\"h-time small\">2021-05-31 07:15</span>\n</p>\n</h4>\n</header>\n<article>\n<p>U.S. stock and bond markets are closed Monday for Memorial Day. <a href=\"https://laohu8.com/S/ISBC\">Investors</a> will return from the long weekend to a handful of notable companies’ quarterly results.&nbsp;<a href=\"https://laohu8.com/S/ZM\">Zoom</a> Video <a href=\"https://laohu8.com/S/JCS\">Communications</a>,Canopy Growth,and&nbsp;Hewlett Packard Enterprisereport on Tuesday, followed by&nbsp;Advance Auto Partson Wednesday. On Thursday,&nbsp;<a href=\"https://laohu8.com/S/AVGO\">Broadcom</a>,DocuSign,and&nbsp;Lululemon&nbsp;Athletica release results.</p><p><blockquote>美国股票和债券市场周一因阵亡将士纪念日休市。<a href=\"https://laohu8.com/S/ISBC\">投资者</a>我们将从长周末回到少数几家知名公司的季度业绩。<a href=\"https://laohu8.com/S/ZM\">缩放</a>录像<a href=\"https://laohu8.com/S/JCS\">通讯</a>Canopy Growth 和惠普企业报告将于周二发布，随后是周三发布的 Advance Auto Partson。周四，<a href=\"https://laohu8.com/S/AVGO\">博通</a>DocuSign 和 Lululemon Athletica 发布结果。</blockquote></p><p>The highlight on the economic-data calendar this week will be Friday’s May jobs report from the Bureau of Labor Statistics. The consensus forecast is for a gain of 700,000 nonfarm payrolls, after a disappointing 266,000 in April. The unemployment rate is expected to tick down&nbsp;to 5.9%, from 6.1%.</p><p><blockquote>本周经济数据日历上的重头戏将是周五美国劳工统计局发布的 5 月份就业报告。普遍预测非农就业人数将增加 70 万人，而 4 月份非农就业人数为令人失望的 26.6 万人。失业率预计将从 6.1% 降至 5.9%。</blockquote></p><p>Other data out this week include the Institute for Supply Management’s Manufacturing Purchasing Managers’ Index for May on Tuesday and the Services equivalent on Thursday. Both are seen staying roughly even with April’s buoyant levels.&nbsp;The Organization for Economic Cooperation and Development also releases its latest economic outlook on Monday.</p><p><blockquote>本周公布的其他数据包括周二公布的美国供应管理协会（Institute for Supply Management）5 月份制造业采购经理人指数和周四公布的服务业同等指数。两者都与 4 月份的旺盛水平大致持平。经济合作与发展组织（Organization for Economic Cooperation and Development）也将于周一发布最新经济展望。</blockquote></p><p>Monday 5/31</p><p><blockquote>5月31日星期一</blockquote></p><p><b>Stock and fixed-income</b>&nbsp;markets are closed in observance of Memorial Day.</p><p><blockquote><b>股票和固定收益</b>为纪念阵亡将士纪念日，市场关闭。</blockquote></p><p><b>The Organization</b>for Economic Cooperation and Development releases its latest economic outlook. In its March interim report, the OECD projected a 5.6% growth rate for global gross domestic product in 2021, an upward revision of a full percentage point from the December 2020 forecast.</p><p><blockquote><b>组织</b>为经济合作与发展发布其最新经济展望。在3月份的中期报告中，经合组织预计2021年全球国内生产总值增长率为5.6%，比2020年12月的预测上调了整整一个百分点。</blockquote></p><p>Tuesday 6/1</p><p><blockquote>星期二 6/1</blockquote></p><p><a href=\"https://laohu8.com/S/BNS\">Bank of Nova Scotia</a>,Canopy Growth, <a href=\"https://laohu8.com/S/HPE\">Hewlett Packard Enterprise</a>, and Zoom Video Communications announce quarterly results.</p><p><blockquote><a href=\"https://laohu8.com/S/BNS\">新斯科舍银行</a>树冠生长，<a href=\"https://laohu8.com/S/HPE\">慧与</a>和Zoom Video通信公司公布季度业绩。</blockquote></p><p><b>The Institute for Supply</b>Management releases its Manufacturing Purchasing Managers’ Index for May. Consensus estimate is for a 60.8 reading, roughly even with the April data.</p><p><blockquote><b>供应研究所</b>管理层发布了 5 月份制造业采购经理人指数。一致估计读数为 60.8，与 4 月份的数据大致持平。</blockquote></p><p><b>The Census Bureau</b>reports construction spending for April. Expectations are for a 0.6% month-over-month rise to a seasonally adjusted annual rate of $1.52 trillion. Construction spending remains just below its all-time peak in January of this year.</p><p><blockquote><b>人口普查局</b>报告四月份的建筑支出。预计环比增长 0.6%，经季节性调整后的年增长率为 1.52 万亿美元。建筑支出仍略低于今年 1 月的历史峰值。</blockquote></p><p>Wednesday 6/2</p><p><blockquote>星期三 6/2</blockquote></p><p><a href=\"https://laohu8.com/S/AAP\">Advance Auto Parts</a>,<a href=\"https://laohu8.com/S/NTAP\">NetApp</a>,and PVH report earnings.</p><p><blockquote><a href=\"https://laohu8.com/S/AAP\">先进汽车零部件</a>,<a href=\"https://laohu8.com/S/NTAP\">NetApp</a>和 PVH 报告收益。</blockquote></p><p><a href=\"https://laohu8.com/S/PM\">Philip Morris</a> Internationalhosts a webcast led by CEO Jacek Olczak to discuss the company’s sustainability strategy.</p><p><blockquote><a href=\"https://laohu8.com/S/PM\">菲利普·莫里斯</a>InternationalHosting 由首席执行官 Jacek Olczak 主持网络直播，讨论公司的可持续发展战略。</blockquote></p><p><b>The Federal Reserve</b>releases the beige book for the fourth of eight times this year. The report presents anecdotal data on the health of the economy collected by the 12 Federal Reserve Bank districts.</p><p><blockquote><b>美联储</b>今年八次中的第四次发布褐皮书。该报告介绍了12个美联储银行地区收集的关于经济健康状况的轶事数据。</blockquote></p><p>Thursday 6/3</p><p><blockquote>星期四 6/3</blockquote></p><p><b>ADP releases its <a href=\"https://laohu8.com/S/NHLD\">National</a> Employment</b>report for May. Consensus estimate is for a 610,000 gain in nonfarm private-sector employment, following an increase of 742,000 in April.</p><p><blockquote><b>ADP 发布其<a href=\"https://laohu8.com/S/NHLD\">国家的</a>就业</b>五月报告。普遍估计，继 4 月份增加 74.2 万人之后，非农私营部门就业人数将增加 61 万人。</blockquote></p><p>Broadcom,CooperCos., DocuSign,J.M. Smucker,and <a href=\"https://laohu8.com/S/LULU\">Lululemon Athletica</a> hold conference calls to discuss earnings.</p><p><blockquote>博通、库珀公司、DocuSign、J.M。斯穆克，以及<a href=\"https://laohu8.com/S/LULU\">露露柠檬运动</a>在评级召开会议讨论收益。</blockquote></p><p><b>The Bureau of Economic Analysis</b>reports total light-vehicle sales for May. In April, they hit a seasonally adjusted annual rate of 18.5 million, the highest figure since July 2005.</p><p><blockquote><b>经济分析局</b>报告 5 月份轻型车总销量。 4 月份，经季节性调整后的年增长率达到 1850 万辆，为 2005 年 7 月以来的最高数字。</blockquote></p><p><b>The ISM releases</b>its Services PMI for May. Consensus estimate is for a 63.2 reading, compared with April’s 62.7 figure.</p><p><blockquote><b>ISM发布</b>5月份服务业采购经理人指数（PMI）。共识估计为63.2，而4月份为62.7。</blockquote></p><p>Friday 6/4</p><p><blockquote>星期五 6/4</blockquote></p><p>Amgenhosts a conference call to discuss drug trial data from its oncology pipeline. The information will be presented at the 2021 <a href=\"https://laohu8.com/S/AFG\">American</a> Society of Clinical Oncology annual meeting, which runs virtually from June 4 through June 8.</p><p><blockquote>安进召开电话会议讨论其肿瘤学产品线的药物试验数据。该信息将于 2021 年发布<a href=\"https://laohu8.com/S/AFG\">美国的</a>临床肿瘤学会年会，从6月4日到6月8日举行。</blockquote></p><p><b>The Bureau of Labor</b>Statistics releases the jobs report for May. Economists forecast a 700,000 rise in nonfarm payrolls, after a relatively modest 266,000 gain in April. The unemployment rate is expected to edge down to 5.9% from 6.1%. The April increase was a massive shortfall from the <a href=\"https://laohu8.com/S/AONE\">one</a> million jump expected by some economists.</p><p><blockquote><b>劳工局</b>统计局发布5月份就业报告。经济学家预测，继4月份相对温和地增加26.6万人之后，非农就业人数将增加70万人。失业率预计将从6.1%小幅降至5.9%。四月份的增长与<a href=\"https://laohu8.com/S/AONE\">一</a>一些经济学家预计将增长数百万美元。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.barrons.com/articles/zoom-lululemon-canopy-growth-and-other-stocks-for-investors-to-watch-this-week-51622401200\">Barron's</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":{"LULU":"lululemon athletica","ISBC":"投资者银行",".DJI":"道琼斯","ZM":"Zoom",".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite","CGC":"Canopy Growth Corporation"},"source_url":"https://www.barrons.com/articles/zoom-lululemon-canopy-growth-and-other-stocks-for-investors-to-watch-this-week-51622401200","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1127487048","content_text":"U.S. stock and bond markets are closed Monday for Memorial Day. Investors will return from the long weekend to a handful of notable companies’ quarterly results. Zoom Video Communications,Canopy Growth,and Hewlett Packard Enterprisereport on Tuesday, followed by Advance Auto Partson Wednesday. On Thursday, Broadcom,DocuSign,and Lululemon Athletica release results.The highlight on the economic-data calendar this week will be Friday’s May jobs report from the Bureau of Labor Statistics. The consensus forecast is for a gain of 700,000 nonfarm payrolls, after a disappointing 266,000 in April. The unemployment rate is expected to tick down to 5.9%, from 6.1%.Other data out this week include the Institute for Supply Management’s Manufacturing Purchasing Managers’ Index for May on Tuesday and the Services equivalent on Thursday. Both are seen staying roughly even with April’s buoyant levels. The Organization for Economic Cooperation and Development also releases its latest economic outlook on Monday.Monday 5/31Stock and fixed-income markets are closed in observance of Memorial Day.The Organizationfor Economic Cooperation and Development releases its latest economic outlook. In its March interim report, the OECD projected a 5.6% growth rate for global gross domestic product in 2021, an upward revision of a full percentage point from the December 2020 forecast.Tuesday 6/1Bank of Nova Scotia,Canopy Growth, Hewlett Packard Enterprise, and Zoom Video Communications announce quarterly results.The Institute for SupplyManagement releases its Manufacturing Purchasing Managers’ Index for May. Consensus estimate is for a 60.8 reading, roughly even with the April data.The Census Bureaureports construction spending for April. Expectations are for a 0.6% month-over-month rise to a seasonally adjusted annual rate of $1.52 trillion. Construction spending remains just below its all-time peak in January of this year.Wednesday 6/2Advance Auto Parts,NetApp,and PVH report earnings.Philip Morris Internationalhosts a webcast led by CEO Jacek Olczak to discuss the company’s sustainability strategy.The Federal Reservereleases the beige book for the fourth of eight times this year. The report presents anecdotal data on the health of the economy collected by the 12 Federal Reserve Bank districts.Thursday 6/3ADP releases its National Employmentreport for May. Consensus estimate is for a 610,000 gain in nonfarm private-sector employment, following an increase of 742,000 in April.Broadcom,CooperCos., DocuSign,J.M. Smucker,and Lululemon Athletica hold conference calls to discuss earnings.The Bureau of Economic Analysisreports total light-vehicle sales for May. In April, they hit a seasonally adjusted annual rate of 18.5 million, the highest figure since July 2005.The ISM releasesits Services PMI for May. Consensus estimate is for a 63.2 reading, compared with April’s 62.7 figure.Friday 6/4Amgenhosts a conference call to discuss drug trial data from its oncology pipeline. The information will be presented at the 2021 American Society of Clinical Oncology annual meeting, which runs virtually from June 4 through June 8.The Bureau of LaborStatistics releases the jobs report for May. Economists forecast a 700,000 rise in nonfarm payrolls, after a relatively modest 266,000 gain in April. The unemployment rate is expected to edge down to 5.9% from 6.1%. The April increase was a massive shortfall from the one million jump expected by some economists.","news_type":1,"symbols_score_info":{"ZM":0.9,".DJI":0.9,".SPX":0.9,".IXIC":0.9,"CGC":0.9,"LULU":0.9,"ISBC":0.9}},"isVote":1,"tweetType":1,"viewCount":749,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":137028601,"gmtCreate":1622271702703,"gmtModify":1634102579551,"author":{"id":"3581892318324369","authorId":"3581892318324369","name":"tjseng","avatar":"https://static.tigerbbs.com/916d5c4f8dda4d6d5e4723b340f9a377","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3581892318324369","idStr":"3581892318324369"},"themes":[],"title":"","htmlText":"The pandemic will change everything...... our lifestyle,&nbsp;our habit, our health.....","listText":"The pandemic will change everything...... our lifestyle,&nbsp;our habit, our health.....","text":"The pandemic will change everything...... our lifestyle, our habit, our health.....","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":4,"repostSize":0,"link":"https://laohu8.com/post/137028601","repostId":"2138948877","repostType":4,"isVote":1,"tweetType":1,"viewCount":551,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":139448517,"gmtCreate":1621652779339,"gmtModify":1634187359375,"author":{"id":"3581892318324369","authorId":"3581892318324369","name":"tjseng","avatar":"https://static.tigerbbs.com/916d5c4f8dda4d6d5e4723b340f9a377","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3581892318324369","idStr":"3581892318324369"},"themes":[],"title":"","htmlText":"AAPL still an innovative and cash rich company.","listText":"AAPL still an innovative and cash rich company.","text":"AAPL still an innovative and cash rich company.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":4,"repostSize":0,"link":"https://laohu8.com/post/139448517","repostId":"1159725394","repostType":4,"isVote":1,"tweetType":1,"viewCount":643,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":110478553,"gmtCreate":1622501739072,"gmtModify":1634101141695,"author":{"id":"3581892318324369","authorId":"3581892318324369","name":"tjseng","avatar":"https://static.tigerbbs.com/916d5c4f8dda4d6d5e4723b340f9a377","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3581892318324369","idStr":"3581892318324369"},"themes":[],"title":"","htmlText":"NVDA still the leader in semiconductor sector.&nbsp;","listText":"NVDA still the leader in semiconductor sector.&nbsp;","text":"NVDA still the leader in semiconductor sector.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/110478553","repostId":"2139453630","repostType":4,"isVote":1,"tweetType":1,"viewCount":531,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":198833763,"gmtCreate":1620950116252,"gmtModify":1634195091992,"author":{"id":"3581892318324369","authorId":"3581892318324369","name":"tjseng","avatar":"https://static.tigerbbs.com/916d5c4f8dda4d6d5e4723b340f9a377","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3581892318324369","idStr":"3581892318324369"},"themes":[],"title":"","htmlText":"This is an advance and innovative company, with it’s software dominated the industry.&nbsp;","listText":"This is an advance and innovative company, with it’s software dominated the industry.&nbsp;","text":"This is an advance and innovative company, with it’s software dominated the industry.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/198833763","repostId":"1197134019","repostType":4,"isVote":1,"tweetType":1,"viewCount":1104,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":165322503,"gmtCreate":1624098534702,"gmtModify":1631884324068,"author":{"id":"3581892318324369","authorId":"3581892318324369","name":"tjseng","avatar":"https://static.tigerbbs.com/916d5c4f8dda4d6d5e4723b340f9a377","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3581892318324369","idStr":"3581892318324369"},"themes":[],"title":"","htmlText":"Hope that this is true [LOL]&nbsp;","listText":"Hope that this is true [LOL]&nbsp;","text":"Hope that this is true [LOL]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/165322503","repostId":"1113942445","repostType":4,"isVote":1,"tweetType":1,"viewCount":2239,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":167123188,"gmtCreate":1624253251644,"gmtModify":1634008826243,"author":{"id":"3581892318324369","authorId":"3581892318324369","name":"tjseng","avatar":"https://static.tigerbbs.com/916d5c4f8dda4d6d5e4723b340f9a377","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3581892318324369","idStr":"3581892318324369"},"themes":[],"title":"","htmlText":"Good time to get favourite stocks with reasonable price&nbsp;","listText":"Good time to get favourite stocks with reasonable price&nbsp;","text":"Good time to get favourite stocks with reasonable price","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/167123188","repostId":"1113916113","repostType":4,"isVote":1,"tweetType":1,"viewCount":3119,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":185963443,"gmtCreate":1623630770682,"gmtModify":1634031030176,"author":{"id":"3581892318324369","authorId":"3581892318324369","name":"tjseng","avatar":"https://static.tigerbbs.com/916d5c4f8dda4d6d5e4723b340f9a377","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3581892318324369","idStr":"3581892318324369"},"themes":[],"title":"","htmlText":"Elon is the biggest banker of Bitcoin [Cool]&nbsp;","listText":"Elon is the biggest banker of Bitcoin [Cool]&nbsp;","text":"Elon is the biggest banker of Bitcoin [Cool]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/185963443","repostId":"1194587854","repostType":4,"isVote":1,"tweetType":1,"viewCount":828,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":135639533,"gmtCreate":1622160431522,"gmtModify":1634183346001,"author":{"id":"3581892318324369","authorId":"3581892318324369","name":"tjseng","avatar":"https://static.tigerbbs.com/916d5c4f8dda4d6d5e4723b340f9a377","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3581892318324369","idStr":"3581892318324369"},"themes":[],"title":"","htmlText":"Looking for 5 years and beyond. Technology&nbsp;still the driver of economy.","listText":"Looking for 5 years and beyond. Technology&nbsp;still the driver of economy.","text":"Looking for 5 years and beyond. Technology still the driver of economy.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/135639533","repostId":"2138175421","repostType":4,"isVote":1,"tweetType":1,"viewCount":411,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":192515590,"gmtCreate":1621215762010,"gmtModify":1634193335277,"author":{"id":"3581892318324369","authorId":"3581892318324369","name":"tjseng","avatar":"https://static.tigerbbs.com/916d5c4f8dda4d6d5e4723b340f9a377","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3581892318324369","idStr":"3581892318324369"},"themes":[],"title":"","htmlText":"Will know this week how’s the retail businesses are heading towards [Smile]&nbsp;","listText":"Will know this week how’s the retail businesses are heading towards [Smile]&nbsp;","text":"Will know this week how’s the retail businesses are heading towards [Smile]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/192515590","repostId":"2135984810","repostType":4,"isVote":1,"tweetType":1,"viewCount":562,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}