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Nvidia shares fell nearly 2% in morning trading<blockquote>英伟达股价早盘下跌近 2%</blockquote>
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DaVita authorizes additional $2B share repurchase<blockquote>DaVita 授权额外回购 $2B 股票</blockquote>
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Take-Two Inte","content":"<p><html><head></head><body>Keybanc raised <b>Take-Two Interactive Software, Inc.</b>TTWO price target from $185 to $190. Take-Two Interactive shares fell 2.8% to $170.21 in pre-market trading.</p><p><blockquote><html><head></head><body>Keybanc 筹集<b>Take-Two互动软件公司。</b>TTWO 目标价从 185 美元到 190 美元。Take-Two Interactive 股价在盘前交易中下跌 2.8%，至 170.21 美元。</body></html></blockquote></p><p>Needham lowered <b>Datadog, Inc.</b>DDOG price target from $236 to $190. Datadog shares gained 1.6% to close at $152.62 on Monday.</p><p><blockquote>李约瑟降级<b>数据狗公司。</b>DDOG 目标价从 236 美元到 190 美元。Datadog 股价周一上涨 1.6%，收于 152.62 美元。</blockquote></p><p>Raymond James cut the price target for <b>Cerence Inc.</b>CRNC from $100 to $76. Cerence shares fell 4.8% to $41.52 in pre-market trading.</p><p><blockquote>雷蒙德·詹姆斯下调目标价<b>塞伦斯公司。</b>CRNC从100美元到76美元。Cerence 股价在盘前交易中下跌 4.8%，至 41.52 美元。</blockquote></p><p>UBS boosted the price target on <b>McKesson Corporation</b>MCK+0.03% from $245 to $303. McKesson shares rose 0.1% to $270.29 in pre-market trading.</p><p><blockquote>瑞银上调目标价<b>麦克森公司</b>MCK+0.03%，从245美元到303美元。McKesson 股价在盘前交易中上涨 0.1%，至 270.29 美元。</blockquote></p><p>Stephens & Co. raised <b>Tyson Foods, Inc.</b>TSN-0.01% price target from $110 to $115. Tyson Foods shares fell 0.6% to $98.49 in pre-market trading.</p><p><blockquote>斯蒂芬斯公司筹集<b>泰森食品公司。</b>TSN-0.01% 目标价从 110 美元到 115 美元。泰森食品股价在盘前交易中下跌 0.6%，至 98.49 美元。</blockquote></p><p>Oppenheimer lowered<b>Regeneron Pharmaceuticals, Inc.</b>REGN price target from $825 to $775. Regeneron Pharmaceuticals shares fell 0.9% to $617.00 in pre-market trading.</p><p><blockquote>奥本海默降低<b>再生元制药公司。</b>REGN 目标价从 825 美元到 775 美元。再生元制药股价在盘前交易中下跌 0.9%，至 617.00 美元。</blockquote></p><p>HC Wainwright & Co. cut the price target for <b>Westport Fuel Systems Inc.</b>WPRT from $16 to $12. Westport Fuel Systems shares rose 2.1% to $1.96 in pre-market trading.</p><p><blockquote>HC Wainwright & Co. 下调目标价<b>西港燃料系统公司。</b>WPRT从16美元到12美元。Westport Fuel Systems 股价在盘前交易中上涨 2.1%，至 1.96 美元。</blockquote></p><p>Needham cut the price target on <b>Zebra Technologies Corporation</b>ZBRA from $660 to $620. Zebra Technologies shares fell 0.9% to close at $498.34 on Monday.</p><p><blockquote>李约瑟下调目标价<b>斑马科技公司</b>ZBRA 从 660 美元到 620 美元。斑马科技股价周一下跌 0.9%，收于 498.34 美元。</blockquote></p><p>Piper Sandler lowered <b>SelectQuote, Inc.</b>SLQT price target from $20 to $4. SelectQuote shares dipped 49% to $3.33 in pre-market trading.</p><p><blockquote>派珀·桑德勒降级<b>选择报价公司。</b>SLQT 目标价从 20 美元到 4 美元。SelectQuote 股价在盘前交易中下跌 49%，至 3.33 美元。</blockquote></p><p>SVB Leerink reduced the price target on <b>Zimmer Biomet Holdings, Inc.</b>ZBH-0.12% from $150 to $135. Zimmer Biomet shares fell 3.1% to $108.22 in pre-market trading.</p><p><blockquote>SVB Leerink 下调目标价<b>齐默生物控股公司。</b>ZBH-0.12%，从150美元到135美元。Zimmer Biomet 股价在盘前交易中下跌 3.1%，至 108.22 美元。</blockquote></p><p></body></html></p><p><blockquote></blockquote></p><p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>10 Biggest Price Target Changes For Tuesday<blockquote>周二 10 大价格目标变化</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\">\n10 Biggest Price Target Changes For Tuesday<blockquote>周二 10 大价格目标变化</blockquote>\n</h2>\n<h4 class=\"meta\">\n<div class=\"head\" \">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Benzinga Earnings </p>\n<p class=\"h-time smaller\">2022-02-08 21:33</p>\n</div>\n</div>\n</h4>\n</header>\n<article>\n<p><html><head></head><body>Keybanc raised <b>Take-Two Interactive Software, Inc.</b>TTWO price target from $185 to $190. Take-Two Interactive shares fell 2.8% to $170.21 in pre-market trading.</p><p><blockquote><html><head></head><body>Keybanc 筹集<b>Take-Two互动软件公司。</b>TTWO 目标价从 185 美元到 190 美元。Take-Two Interactive 股价在盘前交易中下跌 2.8%，至 170.21 美元。</body></html></blockquote></p><p>Needham lowered <b>Datadog, Inc.</b>DDOG price target from $236 to $190. Datadog shares gained 1.6% to close at $152.62 on Monday.</p><p><blockquote>李约瑟降级<b>数据狗公司。</b>DDOG 目标价从 236 美元到 190 美元。Datadog 股价周一上涨 1.6%，收于 152.62 美元。</blockquote></p><p>Raymond James cut the price target for <b>Cerence Inc.</b>CRNC from $100 to $76. Cerence shares fell 4.8% to $41.52 in pre-market trading.</p><p><blockquote>雷蒙德·詹姆斯下调目标价<b>塞伦斯公司。</b>CRNC从100美元到76美元。Cerence 股价在盘前交易中下跌 4.8%，至 41.52 美元。</blockquote></p><p>UBS boosted the price target on <b>McKesson Corporation</b>MCK+0.03% from $245 to $303. McKesson shares rose 0.1% to $270.29 in pre-market trading.</p><p><blockquote>瑞银上调目标价<b>麦克森公司</b>MCK+0.03%，从245美元到303美元。McKesson 股价在盘前交易中上涨 0.1%，至 270.29 美元。</blockquote></p><p>Stephens & Co. raised <b>Tyson Foods, Inc.</b>TSN-0.01% price target from $110 to $115. Tyson Foods shares fell 0.6% to $98.49 in pre-market trading.</p><p><blockquote>斯蒂芬斯公司筹集<b>泰森食品公司。</b>TSN-0.01% 目标价从 110 美元到 115 美元。泰森食品股价在盘前交易中下跌 0.6%，至 98.49 美元。</blockquote></p><p>Oppenheimer lowered<b>Regeneron Pharmaceuticals, Inc.</b>REGN price target from $825 to $775. Regeneron Pharmaceuticals shares fell 0.9% to $617.00 in pre-market trading.</p><p><blockquote>奥本海默降低<b>再生元制药公司。</b>REGN 目标价从 825 美元到 775 美元。再生元制药股价在盘前交易中下跌 0.9%，至 617.00 美元。</blockquote></p><p>HC Wainwright & Co. cut the price target for <b>Westport Fuel Systems Inc.</b>WPRT from $16 to $12. Westport Fuel Systems shares rose 2.1% to $1.96 in pre-market trading.</p><p><blockquote>HC Wainwright & Co. 下调目标价<b>西港燃料系统公司。</b>WPRT从16美元到12美元。Westport Fuel Systems 股价在盘前交易中上涨 2.1%，至 1.96 美元。</blockquote></p><p>Needham cut the price target on <b>Zebra Technologies Corporation</b>ZBRA from $660 to $620. Zebra Technologies shares fell 0.9% to close at $498.34 on Monday.</p><p><blockquote>李约瑟下调目标价<b>斑马科技公司</b>ZBRA 从 660 美元到 620 美元。斑马科技股价周一下跌 0.9%，收于 498.34 美元。</blockquote></p><p>Piper Sandler lowered <b>SelectQuote, Inc.</b>SLQT price target from $20 to $4. SelectQuote shares dipped 49% to $3.33 in pre-market trading.</p><p><blockquote>派珀·桑德勒降级<b>选择报价公司。</b>SLQT 目标价从 20 美元到 4 美元。SelectQuote 股价在盘前交易中下跌 49%，至 3.33 美元。</blockquote></p><p>SVB Leerink reduced the price target on <b>Zimmer Biomet Holdings, Inc.</b>ZBH-0.12% from $150 to $135. Zimmer Biomet shares fell 3.1% to $108.22 in pre-market trading.</p><p><blockquote>SVB Leerink 下调目标价<b>齐默生物控股公司。</b>ZBH-0.12%，从150美元到135美元。Zimmer Biomet 股价在盘前交易中下跌 3.1%，至 108.22 美元。</blockquote></p><p></body></html></p><p><blockquote></blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"CRNC":"Cerence Inc.","DDOG":"Datadog","REGN":"再生元制药公司","WPRT":"西港燃料","MCK":"麦克森药物批发","ZBRA":"斑马技术","SLQT":"SelectQuote, Inc.","ZBH":"齐默巴奥米特控股","TSN":"泰森食品","TTWO":"Take-Two Interactive Software"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1154503295","content_text":"Keybanc raised Take-Two Interactive Software, Inc.TTWO price target from $185 to $190. Take-Two Interactive shares fell 2.8% to $170.21 in pre-market trading.Needham lowered Datadog, Inc.DDOG price target from $236 to $190. Datadog shares gained 1.6% to close at $152.62 on Monday.Raymond James cut the price target for Cerence Inc.CRNC from $100 to $76. Cerence shares fell 4.8% to $41.52 in pre-market trading.UBS boosted the price target on McKesson CorporationMCK+0.03% from $245 to $303. McKesson shares rose 0.1% to $270.29 in pre-market trading.Stephens & Co. raised Tyson Foods, Inc.TSN-0.01% price target from $110 to $115. Tyson Foods shares fell 0.6% to $98.49 in pre-market trading.Oppenheimer loweredRegeneron Pharmaceuticals, Inc.REGN price target from $825 to $775. Regeneron Pharmaceuticals shares fell 0.9% to $617.00 in pre-market trading.HC Wainwright & Co. cut the price target for Westport Fuel Systems Inc.WPRT from $16 to $12. Westport Fuel Systems shares rose 2.1% to $1.96 in pre-market trading.Needham cut the price target on Zebra Technologies CorporationZBRA from $660 to $620. Zebra Technologies shares fell 0.9% to close at $498.34 on Monday.Piper Sandler lowered SelectQuote, Inc.SLQT price target from $20 to $4. SelectQuote shares dipped 49% to $3.33 in pre-market trading.SVB Leerink reduced the price target on Zimmer Biomet Holdings, Inc.ZBH-0.12% from $150 to $135. Zimmer Biomet shares fell 3.1% to $108.22 in pre-market trading.","news_type":1,"symbols_score_info":{"WPRT":0.9,"SLQT":0.9,"TSN":0.9,"MCK":0.9,"DDOG":0.9,"ZBH":0.9,"ZBRA":0.9,"REGN":0.9,"TTWO":0.9,"CRNC":0.9}},"isVote":1,"tweetType":1,"viewCount":3990,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":633236423,"gmtCreate":1644106048176,"gmtModify":1644106048414,"author":{"id":"3581919031797456","authorId":"3581919031797456","name":"JeffreyNeo","avatar":"https://static.tigerbbs.com/fd016aa2ec66a904f877445461310e24","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581919031797456","authorIdStr":"3581919031797456"},"themes":[],"title":"","htmlText":"1","listText":"1","text":"1","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/633236423","repostId":"1105297016","repostType":4,"isVote":1,"tweetType":1,"viewCount":4125,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":633664209,"gmtCreate":1644020186518,"gmtModify":1644020187327,"author":{"id":"3581919031797456","authorId":"3581919031797456","name":"JeffreyNeo","avatar":"https://static.tigerbbs.com/fd016aa2ec66a904f877445461310e24","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581919031797456","authorIdStr":"3581919031797456"},"themes":[],"title":"","htmlText":"1","listText":"1","text":"1","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/633664209","repostId":"2209345239","repostType":4,"isVote":1,"tweetType":1,"viewCount":3874,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":633814618,"gmtCreate":1643931941570,"gmtModify":1643931941778,"author":{"id":"3581919031797456","authorId":"3581919031797456","name":"JeffreyNeo","avatar":"https://static.tigerbbs.com/fd016aa2ec66a904f877445461310e24","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581919031797456","authorIdStr":"3581919031797456"},"themes":[],"title":"","htmlText":"1","listText":"1","text":"1","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/633814618","repostId":"2208313868","repostType":4,"isVote":1,"tweetType":1,"viewCount":5869,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":633138548,"gmtCreate":1643845809733,"gmtModify":1643845810006,"author":{"id":"3581919031797456","authorId":"3581919031797456","name":"JeffreyNeo","avatar":"https://static.tigerbbs.com/fd016aa2ec66a904f877445461310e24","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581919031797456","authorIdStr":"3581919031797456"},"themes":[],"title":"","htmlText":"1","listText":"1","text":"1","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/633138548","repostId":"2208013364","repostType":4,"isVote":1,"tweetType":1,"viewCount":6289,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":633363761,"gmtCreate":1643772951202,"gmtModify":1643772951485,"author":{"id":"3581919031797456","authorId":"3581919031797456","name":"JeffreyNeo","avatar":"https://static.tigerbbs.com/fd016aa2ec66a904f877445461310e24","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581919031797456","authorIdStr":"3581919031797456"},"themes":[],"title":"","htmlText":"1","listText":"1","text":"1","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/633363761","repostId":"2208351732","repostType":4,"isVote":1,"tweetType":1,"viewCount":4896,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":633922827,"gmtCreate":1643695360382,"gmtModify":1643695360642,"author":{"id":"3581919031797456","authorId":"3581919031797456","name":"JeffreyNeo","avatar":"https://static.tigerbbs.com/fd016aa2ec66a904f877445461310e24","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581919031797456","authorIdStr":"3581919031797456"},"themes":[],"title":"","htmlText":"1","listText":"1","text":"1","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/633922827","repostId":"2207382221","repostType":4,"isVote":1,"tweetType":1,"viewCount":4224,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":633063417,"gmtCreate":1643592803566,"gmtModify":1643592803874,"author":{"id":"3581919031797456","authorId":"3581919031797456","name":"JeffreyNeo","avatar":"https://static.tigerbbs.com/fd016aa2ec66a904f877445461310e24","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581919031797456","authorIdStr":"3581919031797456"},"themes":[],"title":"","htmlText":"1","listText":"1","text":"1","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/633063417","repostId":"1125536439","repostType":4,"repost":{"id":"1125536439","kind":"news","pubTimestamp":1643586675,"share":"https://www.laohunote.com/m/news/1125536439?lang=zh_CN&edition=full","pubTime":"2022-01-31 07:51","market":"us","language":"en","title":"Stocks Have Had Their Worst January Since 2008. That’s Creating Buying Opportunities<blockquote>股市经历了自 2008 年以来最糟糕的一月份。这创造了购买机会</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1125536439","media":"Barron's","summary":"The 2022 market was always going to be a tug of war between earnings and interest rates. Corporate p","content":"<p><html><head></head><body><img src=\"https://static.tigerbbs.com/340a7d499e07e9f14ea1774eba422745\" tg-width=\"700\" tg-height=\"467\" width=\"100%\" height=\"auto\"/></p><p><blockquote><html><head></head><body></body></html></blockquote></p><p>The 2022 market was always going to be a tug of war between earnings and interest rates. Corporate profit growth fueled by the reopening has come up against contracting valuations and expectations of tighter monetary policy. While the battle has led to a chaotic period for stocks, the past few weeks have played out logically and according to script. Financial markets are entering their next chapter, and investors are finally rushing to adapt.</p><p><blockquote>2022年的市场将永远是盈利和利率之间的拉锯战。重新开放推动的企业利润增长面临着估值收缩和货币政策收紧的预期。虽然这场战斗给股市带来了一段混乱时期，但过去几周的情况却合乎逻辑地按照剧本进行。金融市场正在进入下一个篇章，投资者终于急于适应。</blockquote></p><p>“If the Fed really wants to fight inflation, that means higher long-term interest rates and long-duration assets will not work,” says Richard Bernstein, CEO and chief investment officer of Richard Bernstein Advisors, a global macro investment manager with about $16 billion in assets. “The problem is that everyone came into the year long long-duration assets.”</p><p><blockquote>“拥有约 160 亿美元资产的全球宏观投资管理公司理查德-伯恩斯坦顾问公司（Richard Bernstein Advisors）首席执行官兼首席投资官理查德-伯恩斯坦（Richard Bernstein）说：”如果美联储真的想对抗通货膨胀，那就意味着提高长期利率和长期资产将行不通。“问题是，每个人都进入了一年的长期资产”。</blockquote></p><p>Long-duration assets, including many growth stocks and long-term bonds, are particularly sensitive to changes in interest rates. As rates rise, the present value of future cash flows declines, lowering today’s prices.</p><p><blockquote>长期资产，包括许多成长型股票和长期债券，对利率变化特别敏感。随着利率上升，未来现金流的现值下降，从而降低了今天的价格。</blockquote></p><p>The S&P 500 index is down 7% this year. (Friday’s late-day rally helped stocks avoid a fourth-straight week of declines.) Losses in the tech-heavy Nasdaq Composite are even greater, while the small-cap Russell 2000 is in a bear market. For many investors, the selloff feels unfamiliar—there hasn’t been a 10% correction in the S&P 500 since March 2020, and the index had just one 5% pullback in all of 2021.</p><p><blockquote>标普500指数今年下跌了7%。(周五尾盘的反弹帮助股市避免了连续第四周的下跌）。以科技股为主的纳斯达克综合指数的跌幅更大，而小盘股罗素 2000 指数则处于熊市。对于许多投资者来说，这种抛售感觉很陌生--自 2020 年 3 月以来，标普500指数从未出现过 10% 的回调，而该指数在 2021 年全年也只出现过 5% 的回调。</blockquote></p><p>But 2022 could actually be closer to normal, with the recent low-volatility conditions more the exception. Since the S&P 500 was created in 1957, the index has averaged about one 10% decline and more than three 5% declines every year, according to Dow Jones Market Data. The good news is that selloffs create opportunities, and 2022’s is unlikely to be different.</p><p><blockquote>但 2022 年实际上可能更接近正常水平，最近的低波动性状况更像是个例外。根据道琼斯市场数据，自 1957 年标普500成立以来，该指数平均每年下跌约 10%，下跌超过 3 次 5%。好消息是，抛售会创造机会，2022 年也不会有什么不同。</blockquote></p><p>Jack Ablin, CIO at Cresset Capital, calls January’s drop a “garden variety technical correction,” as opposed to a more pernicious cyclical downturn or systemic problem facing the market. Stocks aren’t falling because analysts are lowering profit forecasts en masse, or because economists are predicting a recession on the horizon. Instead, the correction has taken place because of how richly the market is valued.</p><p><blockquote>评级 Cresset Capital 首席信息官 Jack Ablin 认为，1 月份的下跌是 “花园品种技术修正”，而不是市场面临的更有害的周期性低迷或系统性问题。股市下跌并不是因为分析师集体下调利润预测，也不是因为经济学家预测经济衰退即将到来。相反，调整之所以发生，是因为市场估值过高。</blockquote></p><p>“Valuations may have gotten out of whack, and now we’re experiencing a revaluation of the market because interest rates are going up,” says Ablin, whose firm manages about $22 billion. “It’s like ripping a Band-Aid off.”</p><p><blockquote>“阿布林说：”估值可能已经失控，现在我们正在经历市场的重估，因为利率在上升。“这就像撕掉创可贴一样。”</blockquote></p><p><b>Great Expectations</b></p><p><blockquote><b>远大的期望</b></blockquote></p><p>On Wednesday, Federal Reserve Chairman Jerome Powell made it clear that it’s not the central bank’s job to put a floor under the market—the so-called Fed put. He remarked that asset prices remain “somewhat elevated,” and noted that households had plenty of savings and could withstand further declines before the situation begins to be a meaningful problem for the U.S. economy.</p><p><blockquote>本周三，美联储主席杰罗姆-鲍威尔（Jerome Powell）明确表示，央行的职责不是为市场设定下限--即所谓的美联储看跌期权。他指出，资产价格仍然 “有些高”，并指出家庭有大量储蓄，可以在这种情况开始对美国经济造成重大问题之前承受进一步下跌。</blockquote></p><p>The Fed is set to begin lifting its target interest-rate range from near zero as soon as March, with bond-market pricing suggesting a total of five quarter-point increases in 2022. Back in October, the market had priced in just one hike. That shift in expectations has been felt in Treasuries, where yields have risen, and in high-multiple stocks and other particularly pricey assets.</p><p><blockquote>美联储最早将于 3 月份开始将目标利率区间从接近于零的水平上调，债券市场定价显示 2022 年总共上调 5 个百分点。早在十月份，市场就已经消化了一次加息。收益率上升的国债、高倍数股票和其他特别昂贵的资产都感受到了预期的转变。</blockquote></p><p>Buzzy technology stocks trading for eye-watering multiples of future expected revenues, unprofitable initial public offerings, special purpose acquisition company mergers, meme stocks, and cryptocurrencies are among the biggest losers this year. Meanwhile, the 10-year Treasury note’s yield has risen by 0.28 of a percentage point in 2022, to 1.78%, as its price has declined.</p><p><blockquote>热门科技股的交易价格是未来预期收入的令人瞠目结舌的倍数、无利可图的首次公开募股、特殊目的收购公司合并、模因股票和加密货币是今年最大的输家。与此同时，由于价格下跌，10年期国债收益率在2022年上升了0.28个百分点，达到1.78%。</blockquote></p><p>Credit markets and many overseas stock indexes have held up much better than the S&P 500 and Nasdaq, and the price of gold is down, confirming that the recent scare isn’t about a general flight to safety.</p><p><blockquote>信贷市场和许多海外股票指数的表现远好于标普500和纳斯达克，金价也在下跌，这证实了最近的恐慌并不是普遍逃往安全地带。</blockquote></p><p>“Fundamentals, generally speaking, remain quite stable and in good shape,” says Dubravko Lakos-Bujas, J.P. Morgan’s chief U.S. equity strategist. “It’s really a question of multiples.”</p><p><blockquote>“摩根大通首席美国股票策略师杜布拉夫科-拉科斯-布哈斯（Dubravko Lakos-Bujas）表示：”总体而言，基本面仍然相当稳定，状况良好。“这真的是一个倍数的问题”。</blockquote></p><p><b>Powering Through</b></p><p><blockquote><b>供电</b></blockquote></p><p>In fact, the early 2022 selloff has fallen neatly along valuation lines. Through Wednesday, S&P 500 stocks with low price/earnings ratios had outperformed those with high multiples by 11.5 percentage points since the start of 2022, according to Patrick Palfrey, co-head of quantitative research at Credit Suisse.</p><p><blockquote>事实上，2022 年初的抛售已经沿着估值线大幅下降。瑞士信贷量化研究联席主管 Patrick Palfrey 表示，自 2022 年初以来，截至周三，低市盈率标普500股票的表现已优于高市盈率股票 11.5 个百分点。</blockquote></p><p>The same dynamic is true across sectors. That pattern should hold up as interest rates and bond yields continue to rise this year. Other defensive stock characteristics—think low leverage or high returns on equity—have been less of a factor.</p><p><blockquote>不同行业的情况也是如此。随着今年利率和债券收益率继续上升，这种模式应该会持续下去。其他防御性股票特征——例如低杠杆或高股本回报率——不太重要。</blockquote></p><p></p><p>“The valuation gap between the expensive and cheaper stocks is still very high, relative to history,” Palfrey says. “There’s a fair amount of opportunity for cheap companies to continue outperforming from here.”</p><p><blockquote>“帕尔弗里说：”与历史相比，昂贵股票和便宜股票之间的估值差距仍然很高。“从现在开始，廉价公司有相当大的机会继续跑赢大盘。”</blockquote></p><p>One way in which 2022 might differ is that traditionally cheap sectors are getting even cheaper because of postpandemic, reopening patterns. That’s as pricier growth stocks face tough comparisons to a strong 2021.</p><p><blockquote>2022 年可能有所不同的一个方面是，由于大流行后的重新开放模式，传统上便宜的行业变得更加便宜。与强劲的 2021 年相比，价格较高的成长型股票面临着严峻的对比。</blockquote></p><p>Energy stocks are expected to grow earnings per share by 45% this year, with industrials up by 39%. Technology, meanwhile, is seen increasing EPS by just 9%.</p><p><blockquote>能源股预计今年每股收益将增长 45%，其中工业股将增长 39%。与此同时，科技公司的每股收益仅增长了 9%。</blockquote></p><p>It’s another sign that the economy isn’t the problem.</p><p><blockquote>这再次表明经济不是问题所在。</blockquote></p><p><b>Volatility Spike</b></p><p><blockquote><b>波动率峰值</b></blockquote></p><p>“A hawkish Fed and interest-rate increases don’t necessarily equate to the end of the bull market, as long as economic growth remains strong,” says Nuveen CIO Saira Malik.</p><p><blockquote>“Nuveen 首席信息官赛拉-马利克（Saira Malik）说：”只要经济增长保持强劲，美联储鹰派和加息并不一定等同于牛市的结束。</blockquote></p><p>Malik, who also manages the $139 billion College Retirement Equities fund, favors companies that can control their own fate in an inflationary environment and growing economy. Energy stocks are one option. They offer commodity exposure that should insulate them against inflation while benefiting from a global economic reopening. Malik points to Pioneer Natural Resources (ticker: PXD) and Valero Energy (VLO), in particular.</p><p><blockquote>马利克还管理着1390亿美元的大学退休股票基金，他青睐能够在通货膨胀环境和经济增长中掌控自己命运的公司。能源股是一种选择。它们提供大宗商品敞口，可以抵御通货膨胀，同时受益于全球经济重新开放。马利克特别提到了先锋自然资源公司（股票代码：PXD）和瓦莱罗能源公司（VLO）。</blockquote></p><p>Malik also likes some established front-office software companies whose stocks have been punished. Those include Salesforce.com (CRM), which is down 28% since mid-November, and HubSpot (HUBS), off 46%. Unlike stay-at-home pandemic winners, Salesforce and HubSpot should benefit from a return to the office and increased corporate spending.</p><p><blockquote>马利克还喜欢一些股票受到惩罚的老牌前台软件公司。其中包括 Salesforce.com (CRM)，自 11 月中旬以来下跌了 28%，以及 HubSpot (HUBS)，下跌了 46%。与居家大流行的赢家不同，Salesforce 和 HubSpot 应该会受益于办公室的回归和企业支出的增加。</blockquote></p><p>Given inflation uncertainty, volatile markets, and a rising-rate environment, Cresset’s Ablin recommends a similar quality bent, with a focus on dividend-paying shares. He likes Abbott Laboratories (ABT), Johnson & Johnson (JNJ), 3M (MMM), Caterpillar (CAT), Automatic Data Processing (ADP), and McDonald’s (MCD).</p><p><blockquote>鉴于通胀的不确定性、市场波动和利率上升的环境，Cresset 的 Ablin 建议采取类似的质量倾斜，重点关注派息股票。他喜欢雅培实验室（ABT）、强生公司（JNJ）、3M（3M）、卡特彼勒（CAT）、自动数据处理公司（ADP）和麦当劳（MCD）。</blockquote></p><p>In the near term, some of the big losers in January—technology stocks, biotechs, and small-caps—could see a rebound, says Lakos-Bujas, but not because uncertainty around inflation and Fed policy are going away. Rather, the market just looks to be in oversold territory.</p><p><blockquote>拉科斯-布哈斯表示，短期内，1月份的一些大输家——科技股、生物技术股和小盘股——可能会出现反弹，但这并不是因为通胀和美联储政策的不确定性正在消失。相反，市场看起来只是处于超卖区域。</blockquote></p><p>Investor sentiment—based on the Investor Sentiment Survey from the American Association of Individual Investors, along with the Hulbert Stock Newsletter Sentiment Index—is at its most bearish level since the March 2020 selloff. Those are contrarian indicators, with history suggesting positive market returns going forward when they’ve reached similar levels. It recalls the Warren Buffett adage about being fearful when others are greedy, and greedy when others are fearful.</p><p><blockquote>投资者情绪——基于美国个人投资者协会的投资者情绪调查以及赫尔伯特股票通讯情绪指数——处于 2020 年 3 月抛售以来的最悲观水平。这些都是逆向指标，历史表明，当市场回报率达到类似水平时，市场回报率就会上升。这让人想起沃伦·巴菲特的格言，当别人贪婪时恐惧，当别人恐惧时贪婪。</blockquote></p><p>Valuations are now relatively undemanding, as well. The S&P 500 closed the week with a forward price/earnings ratio of 20.1 times. That’s only one point higher than the index’s valuation at the end of 2019, before the Covid-19 pandemic hit, and before Tesla (TSLA) joined the S&P 500.</p><p><blockquote>现在的估值也相对不高。标普500本周收盘时远期市盈率为20.1倍。这仅比 2019 年底、Covid-19 大流行病来袭之前、特斯拉（TSLA）加入标普500之前的指数估值高出一个点。</blockquote></p><p>Even traders have gotten more defensive, with the S&P 500 put-to-call ratio spiking since the start of the year. That’s a sign investors are looking to hedge their market exposure, according to Michael Green, a portfolio manager and chief strategist at Simplify Asset Management, which offers several exchange-traded funds with options-based strategies. The firm’s largest ETF is the Simplify US Equity PLUS Downside Convexity (SPD), which aims to protect returns during volatile drawdowns.</p><p><blockquote>就连交易员也变得更加防守，标普500看跌期权与看涨期权的比率自今年年初以来飙升。Simplify Asset Management 的投资组合经理兼首席策略师迈克尔-格林（Michael Green）认为，这表明投资者正在寻求对冲其市场风险敞口。该公司最大的 ETF 是 Simplify US Equity PLUS Downside Convexity (SPD)，旨在保护波动回撤期间的回报。</blockquote></p><p>If the past week felt particularly turbulent, that’s because market volatility can breed more volatility, Green observes. As demand rises for put options—which increase in value as the price of a security falls—options writers often add to the selling pressure. In order to hedge their market exposure and limit risk, they may short the same stocks they’ve sold puts on. That has contributed to the massive swings seen in recent days, and it works in both directions.</p><p><blockquote>格林认为，如果说过去一周感觉特别动荡，那是因为市场波动会滋生更多的波动。随着看跌期权需求的增加（随着证券价格的下跌，看跌期权的价值也会增加），期权作者往往会增加抛售压力。为了对冲市场风险并限制风险，他们可能会做空卖出看跌期权的相同股票。这导致了最近几天的大幅波动，而且是双向的。</blockquote></p><p>For investors, the volatility is painful, but selling out now would be a mistake. Instead, investors should use the selloff to rebalance their portfolios.</p><p><blockquote>对于投资者来说，波动是痛苦的，但现在抛售将是一个错误。相反，投资者应该利用抛售来重新平衡他们的投资组合。</blockquote></p><p>“When you see incredible volatility, that’s when you need to be maximally dispassionate,” Bernstein says. “Volatility tells you that leadership is changing in the market.”</p><p><blockquote>“伯恩斯坦说：”当你看到难以置信的波动时，你就需要最大限度地保持冷静。“波动性告诉你，市场领导层正在发生变化。”</blockquote></p><p>Growth stocks won’t be the leaders in the next phase—bad news for tech and good news for more sleepy corners of the market. And over the past weeks, investors have finally woken up to that idea—seemingly all at once.</p><p><blockquote>成长型股票不会成为下一阶段的领头羊--这对科技股来说是个坏消息，对市场中更沉睡的角落来说是个好消息。在过去的几周里，投资者终于意识到了这个想法——似乎是一下子意识到了这一点。</blockquote></p><p></body></html></p><p><blockquote></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>Stocks Have Had Their Worst January Since 2008. That’s Creating Buying Opportunities<blockquote>股市经历了自 2008 年以来最糟糕的一月份。这创造了购买机会</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\">\nStocks Have Had Their Worst January Since 2008. That’s Creating Buying Opportunities<blockquote>股市经历了自 2008 年以来最糟糕的一月份。这创造了购买机会</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\">2022-01-31 07:51</span>\n</p>\n</h4>\n</header>\n<article>\n<p><html><head></head><body><img src=\"https://static.tigerbbs.com/340a7d499e07e9f14ea1774eba422745\" tg-width=\"700\" tg-height=\"467\" width=\"100%\" height=\"auto\"/></p><p><blockquote><html><head></head><body></body></html></blockquote></p><p>The 2022 market was always going to be a tug of war between earnings and interest rates. Corporate profit growth fueled by the reopening has come up against contracting valuations and expectations of tighter monetary policy. While the battle has led to a chaotic period for stocks, the past few weeks have played out logically and according to script. Financial markets are entering their next chapter, and investors are finally rushing to adapt.</p><p><blockquote>2022年的市场将永远是盈利和利率之间的拉锯战。重新开放推动的企业利润增长面临着估值收缩和货币政策收紧的预期。虽然这场战斗给股市带来了一段混乱时期，但过去几周的情况却合乎逻辑地按照剧本进行。金融市场正在进入下一个篇章，投资者终于急于适应。</blockquote></p><p>“If the Fed really wants to fight inflation, that means higher long-term interest rates and long-duration assets will not work,” says Richard Bernstein, CEO and chief investment officer of Richard Bernstein Advisors, a global macro investment manager with about $16 billion in assets. “The problem is that everyone came into the year long long-duration assets.”</p><p><blockquote>“拥有约 160 亿美元资产的全球宏观投资管理公司理查德-伯恩斯坦顾问公司（Richard Bernstein Advisors）首席执行官兼首席投资官理查德-伯恩斯坦（Richard Bernstein）说：”如果美联储真的想对抗通货膨胀，那就意味着提高长期利率和长期资产将行不通。“问题是，每个人都进入了一年的长期资产”。</blockquote></p><p>Long-duration assets, including many growth stocks and long-term bonds, are particularly sensitive to changes in interest rates. As rates rise, the present value of future cash flows declines, lowering today’s prices.</p><p><blockquote>长期资产，包括许多成长型股票和长期债券，对利率变化特别敏感。随着利率上升，未来现金流的现值下降，从而降低了今天的价格。</blockquote></p><p>The S&P 500 index is down 7% this year. (Friday’s late-day rally helped stocks avoid a fourth-straight week of declines.) Losses in the tech-heavy Nasdaq Composite are even greater, while the small-cap Russell 2000 is in a bear market. For many investors, the selloff feels unfamiliar—there hasn’t been a 10% correction in the S&P 500 since March 2020, and the index had just one 5% pullback in all of 2021.</p><p><blockquote>标普500指数今年下跌了7%。(周五尾盘的反弹帮助股市避免了连续第四周的下跌）。以科技股为主的纳斯达克综合指数的跌幅更大，而小盘股罗素 2000 指数则处于熊市。对于许多投资者来说，这种抛售感觉很陌生--自 2020 年 3 月以来，标普500指数从未出现过 10% 的回调，而该指数在 2021 年全年也只出现过 5% 的回调。</blockquote></p><p>But 2022 could actually be closer to normal, with the recent low-volatility conditions more the exception. Since the S&P 500 was created in 1957, the index has averaged about one 10% decline and more than three 5% declines every year, according to Dow Jones Market Data. The good news is that selloffs create opportunities, and 2022’s is unlikely to be different.</p><p><blockquote>但 2022 年实际上可能更接近正常水平，最近的低波动性状况更像是个例外。根据道琼斯市场数据，自 1957 年标普500成立以来，该指数平均每年下跌约 10%，下跌超过 3 次 5%。好消息是，抛售会创造机会，2022 年也不会有什么不同。</blockquote></p><p>Jack Ablin, CIO at Cresset Capital, calls January’s drop a “garden variety technical correction,” as opposed to a more pernicious cyclical downturn or systemic problem facing the market. Stocks aren’t falling because analysts are lowering profit forecasts en masse, or because economists are predicting a recession on the horizon. Instead, the correction has taken place because of how richly the market is valued.</p><p><blockquote>评级 Cresset Capital 首席信息官 Jack Ablin 认为，1 月份的下跌是 “花园品种技术修正”，而不是市场面临的更有害的周期性低迷或系统性问题。股市下跌并不是因为分析师集体下调利润预测，也不是因为经济学家预测经济衰退即将到来。相反，调整之所以发生，是因为市场估值过高。</blockquote></p><p>“Valuations may have gotten out of whack, and now we’re experiencing a revaluation of the market because interest rates are going up,” says Ablin, whose firm manages about $22 billion. “It’s like ripping a Band-Aid off.”</p><p><blockquote>“阿布林说：”估值可能已经失控，现在我们正在经历市场的重估，因为利率在上升。“这就像撕掉创可贴一样。”</blockquote></p><p><b>Great Expectations</b></p><p><blockquote><b>远大的期望</b></blockquote></p><p>On Wednesday, Federal Reserve Chairman Jerome Powell made it clear that it’s not the central bank’s job to put a floor under the market—the so-called Fed put. He remarked that asset prices remain “somewhat elevated,” and noted that households had plenty of savings and could withstand further declines before the situation begins to be a meaningful problem for the U.S. economy.</p><p><blockquote>本周三，美联储主席杰罗姆-鲍威尔（Jerome Powell）明确表示，央行的职责不是为市场设定下限--即所谓的美联储看跌期权。他指出，资产价格仍然 “有些高”，并指出家庭有大量储蓄，可以在这种情况开始对美国经济造成重大问题之前承受进一步下跌。</blockquote></p><p>The Fed is set to begin lifting its target interest-rate range from near zero as soon as March, with bond-market pricing suggesting a total of five quarter-point increases in 2022. Back in October, the market had priced in just one hike. That shift in expectations has been felt in Treasuries, where yields have risen, and in high-multiple stocks and other particularly pricey assets.</p><p><blockquote>美联储最早将于 3 月份开始将目标利率区间从接近于零的水平上调，债券市场定价显示 2022 年总共上调 5 个百分点。早在十月份，市场就已经消化了一次加息。收益率上升的国债、高倍数股票和其他特别昂贵的资产都感受到了预期的转变。</blockquote></p><p>Buzzy technology stocks trading for eye-watering multiples of future expected revenues, unprofitable initial public offerings, special purpose acquisition company mergers, meme stocks, and cryptocurrencies are among the biggest losers this year. Meanwhile, the 10-year Treasury note’s yield has risen by 0.28 of a percentage point in 2022, to 1.78%, as its price has declined.</p><p><blockquote>热门科技股的交易价格是未来预期收入的令人瞠目结舌的倍数、无利可图的首次公开募股、特殊目的收购公司合并、模因股票和加密货币是今年最大的输家。与此同时，由于价格下跌，10年期国债收益率在2022年上升了0.28个百分点，达到1.78%。</blockquote></p><p>Credit markets and many overseas stock indexes have held up much better than the S&P 500 and Nasdaq, and the price of gold is down, confirming that the recent scare isn’t about a general flight to safety.</p><p><blockquote>信贷市场和许多海外股票指数的表现远好于标普500和纳斯达克，金价也在下跌，这证实了最近的恐慌并不是普遍逃往安全地带。</blockquote></p><p>“Fundamentals, generally speaking, remain quite stable and in good shape,” says Dubravko Lakos-Bujas, J.P. Morgan’s chief U.S. equity strategist. “It’s really a question of multiples.”</p><p><blockquote>“摩根大通首席美国股票策略师杜布拉夫科-拉科斯-布哈斯（Dubravko Lakos-Bujas）表示：”总体而言，基本面仍然相当稳定，状况良好。“这真的是一个倍数的问题”。</blockquote></p><p><b>Powering Through</b></p><p><blockquote><b>供电</b></blockquote></p><p>In fact, the early 2022 selloff has fallen neatly along valuation lines. Through Wednesday, S&P 500 stocks with low price/earnings ratios had outperformed those with high multiples by 11.5 percentage points since the start of 2022, according to Patrick Palfrey, co-head of quantitative research at Credit Suisse.</p><p><blockquote>事实上，2022 年初的抛售已经沿着估值线大幅下降。瑞士信贷量化研究联席主管 Patrick Palfrey 表示，自 2022 年初以来，截至周三，低市盈率标普500股票的表现已优于高市盈率股票 11.5 个百分点。</blockquote></p><p>The same dynamic is true across sectors. That pattern should hold up as interest rates and bond yields continue to rise this year. Other defensive stock characteristics—think low leverage or high returns on equity—have been less of a factor.</p><p><blockquote>不同行业的情况也是如此。随着今年利率和债券收益率继续上升，这种模式应该会持续下去。其他防御性股票特征——例如低杠杆或高股本回报率——不太重要。</blockquote></p><p></p><p>“The valuation gap between the expensive and cheaper stocks is still very high, relative to history,” Palfrey says. “There’s a fair amount of opportunity for cheap companies to continue outperforming from here.”</p><p><blockquote>“帕尔弗里说：”与历史相比，昂贵股票和便宜股票之间的估值差距仍然很高。“从现在开始，廉价公司有相当大的机会继续跑赢大盘。”</blockquote></p><p>One way in which 2022 might differ is that traditionally cheap sectors are getting even cheaper because of postpandemic, reopening patterns. That’s as pricier growth stocks face tough comparisons to a strong 2021.</p><p><blockquote>2022 年可能有所不同的一个方面是，由于大流行后的重新开放模式，传统上便宜的行业变得更加便宜。与强劲的 2021 年相比，价格较高的成长型股票面临着严峻的对比。</blockquote></p><p>Energy stocks are expected to grow earnings per share by 45% this year, with industrials up by 39%. Technology, meanwhile, is seen increasing EPS by just 9%.</p><p><blockquote>能源股预计今年每股收益将增长 45%，其中工业股将增长 39%。与此同时，科技公司的每股收益仅增长了 9%。</blockquote></p><p>It’s another sign that the economy isn’t the problem.</p><p><blockquote>这再次表明经济不是问题所在。</blockquote></p><p><b>Volatility Spike</b></p><p><blockquote><b>波动率峰值</b></blockquote></p><p>“A hawkish Fed and interest-rate increases don’t necessarily equate to the end of the bull market, as long as economic growth remains strong,” says Nuveen CIO Saira Malik.</p><p><blockquote>“Nuveen 首席信息官赛拉-马利克（Saira Malik）说：”只要经济增长保持强劲，美联储鹰派和加息并不一定等同于牛市的结束。</blockquote></p><p>Malik, who also manages the $139 billion College Retirement Equities fund, favors companies that can control their own fate in an inflationary environment and growing economy. Energy stocks are one option. They offer commodity exposure that should insulate them against inflation while benefiting from a global economic reopening. Malik points to Pioneer Natural Resources (ticker: PXD) and Valero Energy (VLO), in particular.</p><p><blockquote>马利克还管理着1390亿美元的大学退休股票基金，他青睐能够在通货膨胀环境和经济增长中掌控自己命运的公司。能源股是一种选择。它们提供大宗商品敞口，可以抵御通货膨胀，同时受益于全球经济重新开放。马利克特别提到了先锋自然资源公司（股票代码：PXD）和瓦莱罗能源公司（VLO）。</blockquote></p><p>Malik also likes some established front-office software companies whose stocks have been punished. Those include Salesforce.com (CRM), which is down 28% since mid-November, and HubSpot (HUBS), off 46%. Unlike stay-at-home pandemic winners, Salesforce and HubSpot should benefit from a return to the office and increased corporate spending.</p><p><blockquote>马利克还喜欢一些股票受到惩罚的老牌前台软件公司。其中包括 Salesforce.com (CRM)，自 11 月中旬以来下跌了 28%，以及 HubSpot (HUBS)，下跌了 46%。与居家大流行的赢家不同，Salesforce 和 HubSpot 应该会受益于办公室的回归和企业支出的增加。</blockquote></p><p>Given inflation uncertainty, volatile markets, and a rising-rate environment, Cresset’s Ablin recommends a similar quality bent, with a focus on dividend-paying shares. He likes Abbott Laboratories (ABT), Johnson & Johnson (JNJ), 3M (MMM), Caterpillar (CAT), Automatic Data Processing (ADP), and McDonald’s (MCD).</p><p><blockquote>鉴于通胀的不确定性、市场波动和利率上升的环境，Cresset 的 Ablin 建议采取类似的质量倾斜，重点关注派息股票。他喜欢雅培实验室（ABT）、强生公司（JNJ）、3M（3M）、卡特彼勒（CAT）、自动数据处理公司（ADP）和麦当劳（MCD）。</blockquote></p><p>In the near term, some of the big losers in January—technology stocks, biotechs, and small-caps—could see a rebound, says Lakos-Bujas, but not because uncertainty around inflation and Fed policy are going away. Rather, the market just looks to be in oversold territory.</p><p><blockquote>拉科斯-布哈斯表示，短期内，1月份的一些大输家——科技股、生物技术股和小盘股——可能会出现反弹，但这并不是因为通胀和美联储政策的不确定性正在消失。相反，市场看起来只是处于超卖区域。</blockquote></p><p>Investor sentiment—based on the Investor Sentiment Survey from the American Association of Individual Investors, along with the Hulbert Stock Newsletter Sentiment Index—is at its most bearish level since the March 2020 selloff. Those are contrarian indicators, with history suggesting positive market returns going forward when they’ve reached similar levels. It recalls the Warren Buffett adage about being fearful when others are greedy, and greedy when others are fearful.</p><p><blockquote>投资者情绪——基于美国个人投资者协会的投资者情绪调查以及赫尔伯特股票通讯情绪指数——处于 2020 年 3 月抛售以来的最悲观水平。这些都是逆向指标，历史表明，当市场回报率达到类似水平时，市场回报率就会上升。这让人想起沃伦·巴菲特的格言，当别人贪婪时恐惧，当别人恐惧时贪婪。</blockquote></p><p>Valuations are now relatively undemanding, as well. The S&P 500 closed the week with a forward price/earnings ratio of 20.1 times. That’s only one point higher than the index’s valuation at the end of 2019, before the Covid-19 pandemic hit, and before Tesla (TSLA) joined the S&P 500.</p><p><blockquote>现在的估值也相对不高。标普500本周收盘时远期市盈率为20.1倍。这仅比 2019 年底、Covid-19 大流行病来袭之前、特斯拉（TSLA）加入标普500之前的指数估值高出一个点。</blockquote></p><p>Even traders have gotten more defensive, with the S&P 500 put-to-call ratio spiking since the start of the year. That’s a sign investors are looking to hedge their market exposure, according to Michael Green, a portfolio manager and chief strategist at Simplify Asset Management, which offers several exchange-traded funds with options-based strategies. The firm’s largest ETF is the Simplify US Equity PLUS Downside Convexity (SPD), which aims to protect returns during volatile drawdowns.</p><p><blockquote>就连交易员也变得更加防守，标普500看跌期权与看涨期权的比率自今年年初以来飙升。Simplify Asset Management 的投资组合经理兼首席策略师迈克尔-格林（Michael Green）认为，这表明投资者正在寻求对冲其市场风险敞口。该公司最大的 ETF 是 Simplify US Equity PLUS Downside Convexity (SPD)，旨在保护波动回撤期间的回报。</blockquote></p><p>If the past week felt particularly turbulent, that’s because market volatility can breed more volatility, Green observes. As demand rises for put options—which increase in value as the price of a security falls—options writers often add to the selling pressure. In order to hedge their market exposure and limit risk, they may short the same stocks they’ve sold puts on. That has contributed to the massive swings seen in recent days, and it works in both directions.</p><p><blockquote>格林认为，如果说过去一周感觉特别动荡，那是因为市场波动会滋生更多的波动。随着看跌期权需求的增加（随着证券价格的下跌，看跌期权的价值也会增加），期权作者往往会增加抛售压力。为了对冲市场风险并限制风险，他们可能会做空卖出看跌期权的相同股票。这导致了最近几天的大幅波动，而且是双向的。</blockquote></p><p>For investors, the volatility is painful, but selling out now would be a mistake. Instead, investors should use the selloff to rebalance their portfolios.</p><p><blockquote>对于投资者来说，波动是痛苦的，但现在抛售将是一个错误。相反，投资者应该利用抛售来重新平衡他们的投资组合。</blockquote></p><p>“When you see incredible volatility, that’s when you need to be maximally dispassionate,” Bernstein says. “Volatility tells you that leadership is changing in the market.”</p><p><blockquote>“伯恩斯坦说：”当你看到难以置信的波动时，你就需要最大限度地保持冷静。“波动性告诉你，市场领导层正在发生变化。”</blockquote></p><p>Growth stocks won’t be the leaders in the next phase—bad news for tech and good news for more sleepy corners of the market. And over the past weeks, investors have finally woken up to that idea—seemingly all at once.</p><p><blockquote>成长型股票不会成为下一阶段的领头羊--这对科技股来说是个坏消息，对市场中更沉睡的角落来说是个好消息。在过去的几周里，投资者终于意识到了这个想法——似乎是一下子意识到了这一点。</blockquote></p><p></body></html></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/stock-market-volatility-investing-opportunities-51643420533?mod=hp_LEAD_1\">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":{".DJI":"道琼斯",".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index"},"source_url":"https://www.barrons.com/articles/stock-market-volatility-investing-opportunities-51643420533?mod=hp_LEAD_1","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1125536439","content_text":"The 2022 market was always going to be a tug of war between earnings and interest rates. Corporate profit growth fueled by the reopening has come up against contracting valuations and expectations of tighter monetary policy. While the battle has led to a chaotic period for stocks, the past few weeks have played out logically and according to script. Financial markets are entering their next chapter, and investors are finally rushing to adapt.“If the Fed really wants to fight inflation, that means higher long-term interest rates and long-duration assets will not work,” says Richard Bernstein, CEO and chief investment officer of Richard Bernstein Advisors, a global macro investment manager with about $16 billion in assets. “The problem is that everyone came into the year long long-duration assets.”Long-duration assets, including many growth stocks and long-term bonds, are particularly sensitive to changes in interest rates. As rates rise, the present value of future cash flows declines, lowering today’s prices.The S&P 500 index is down 7% this year. (Friday’s late-day rally helped stocks avoid a fourth-straight week of declines.) Losses in the tech-heavy Nasdaq Composite are even greater, while the small-cap Russell 2000 is in a bear market. For many investors, the selloff feels unfamiliar—there hasn’t been a 10% correction in the S&P 500 since March 2020, and the index had just one 5% pullback in all of 2021.But 2022 could actually be closer to normal, with the recent low-volatility conditions more the exception. Since the S&P 500 was created in 1957, the index has averaged about one 10% decline and more than three 5% declines every year, according to Dow Jones Market Data. The good news is that selloffs create opportunities, and 2022’s is unlikely to be different.Jack Ablin, CIO at Cresset Capital, calls January’s drop a “garden variety technical correction,” as opposed to a more pernicious cyclical downturn or systemic problem facing the market. Stocks aren’t falling because analysts are lowering profit forecasts en masse, or because economists are predicting a recession on the horizon. Instead, the correction has taken place because of how richly the market is valued.“Valuations may have gotten out of whack, and now we’re experiencing a revaluation of the market because interest rates are going up,” says Ablin, whose firm manages about $22 billion. “It’s like ripping a Band-Aid off.”Great ExpectationsOn Wednesday, Federal Reserve Chairman Jerome Powell made it clear that it’s not the central bank’s job to put a floor under the market—the so-called Fed put. He remarked that asset prices remain “somewhat elevated,” and noted that households had plenty of savings and could withstand further declines before the situation begins to be a meaningful problem for the U.S. economy.The Fed is set to begin lifting its target interest-rate range from near zero as soon as March, with bond-market pricing suggesting a total of five quarter-point increases in 2022. Back in October, the market had priced in just one hike. That shift in expectations has been felt in Treasuries, where yields have risen, and in high-multiple stocks and other particularly pricey assets.Buzzy technology stocks trading for eye-watering multiples of future expected revenues, unprofitable initial public offerings, special purpose acquisition company mergers, meme stocks, and cryptocurrencies are among the biggest losers this year. Meanwhile, the 10-year Treasury note’s yield has risen by 0.28 of a percentage point in 2022, to 1.78%, as its price has declined.Credit markets and many overseas stock indexes have held up much better than the S&P 500 and Nasdaq, and the price of gold is down, confirming that the recent scare isn’t about a general flight to safety.“Fundamentals, generally speaking, remain quite stable and in good shape,” says Dubravko Lakos-Bujas, J.P. Morgan’s chief U.S. equity strategist. “It’s really a question of multiples.”Powering ThroughIn fact, the early 2022 selloff has fallen neatly along valuation lines. Through Wednesday, S&P 500 stocks with low price/earnings ratios had outperformed those with high multiples by 11.5 percentage points since the start of 2022, according to Patrick Palfrey, co-head of quantitative research at Credit Suisse.The same dynamic is true across sectors. That pattern should hold up as interest rates and bond yields continue to rise this year. Other defensive stock characteristics—think low leverage or high returns on equity—have been less of a factor.“The valuation gap between the expensive and cheaper stocks is still very high, relative to history,” Palfrey says. “There’s a fair amount of opportunity for cheap companies to continue outperforming from here.”One way in which 2022 might differ is that traditionally cheap sectors are getting even cheaper because of postpandemic, reopening patterns. That’s as pricier growth stocks face tough comparisons to a strong 2021.Energy stocks are expected to grow earnings per share by 45% this year, with industrials up by 39%. Technology, meanwhile, is seen increasing EPS by just 9%.It’s another sign that the economy isn’t the problem.Volatility Spike“A hawkish Fed and interest-rate increases don’t necessarily equate to the end of the bull market, as long as economic growth remains strong,” says Nuveen CIO Saira Malik.Malik, who also manages the $139 billion College Retirement Equities fund, favors companies that can control their own fate in an inflationary environment and growing economy. Energy stocks are one option. They offer commodity exposure that should insulate them against inflation while benefiting from a global economic reopening. Malik points to Pioneer Natural Resources (ticker: PXD) and Valero Energy (VLO), in particular.Malik also likes some established front-office software companies whose stocks have been punished. Those include Salesforce.com (CRM), which is down 28% since mid-November, and HubSpot (HUBS), off 46%. Unlike stay-at-home pandemic winners, Salesforce and HubSpot should benefit from a return to the office and increased corporate spending.Given inflation uncertainty, volatile markets, and a rising-rate environment, Cresset’s Ablin recommends a similar quality bent, with a focus on dividend-paying shares. He likes Abbott Laboratories (ABT), Johnson & Johnson (JNJ), 3M (MMM), Caterpillar (CAT), Automatic Data Processing (ADP), and McDonald’s (MCD).In the near term, some of the big losers in January—technology stocks, biotechs, and small-caps—could see a rebound, says Lakos-Bujas, but not because uncertainty around inflation and Fed policy are going away. Rather, the market just looks to be in oversold territory.Investor sentiment—based on the Investor Sentiment Survey from the American Association of Individual Investors, along with the Hulbert Stock Newsletter Sentiment Index—is at its most bearish level since the March 2020 selloff. Those are contrarian indicators, with history suggesting positive market returns going forward when they’ve reached similar levels. It recalls the Warren Buffett adage about being fearful when others are greedy, and greedy when others are fearful.Valuations are now relatively undemanding, as well. The S&P 500 closed the week with a forward price/earnings ratio of 20.1 times. That’s only one point higher than the index’s valuation at the end of 2019, before the Covid-19 pandemic hit, and before Tesla (TSLA) joined the S&P 500.Even traders have gotten more defensive, with the S&P 500 put-to-call ratio spiking since the start of the year. That’s a sign investors are looking to hedge their market exposure, according to Michael Green, a portfolio manager and chief strategist at Simplify Asset Management, which offers several exchange-traded funds with options-based strategies. The firm’s largest ETF is the Simplify US Equity PLUS Downside Convexity (SPD), which aims to protect returns during volatile drawdowns.If the past week felt particularly turbulent, that’s because market volatility can breed more volatility, Green observes. As demand rises for put options—which increase in value as the price of a security falls—options writers often add to the selling pressure. In order to hedge their market exposure and limit risk, they may short the same stocks they’ve sold puts on. That has contributed to the massive swings seen in recent days, and it works in both directions.For investors, the volatility is painful, but selling out now would be a mistake. Instead, investors should use the selloff to rebalance their portfolios.“When you see incredible volatility, that’s when you need to be maximally dispassionate,” Bernstein says. “Volatility tells you that leadership is changing in the market.”Growth stocks won’t be the leaders in the next phase—bad news for tech and good news for more sleepy corners of the market. And over the past weeks, investors have finally woken up to that idea—seemingly all at once.","news_type":1,"symbols_score_info":{".DJI":0.9,".SPX":0.9,".IXIC":0.9}},"isVote":1,"tweetType":1,"viewCount":4666,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":639752911,"gmtCreate":1643499235339,"gmtModify":1643499235589,"author":{"id":"3581919031797456","authorId":"3581919031797456","name":"JeffreyNeo","avatar":"https://static.tigerbbs.com/fd016aa2ec66a904f877445461310e24","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581919031797456","authorIdStr":"3581919031797456"},"themes":[],"title":"","htmlText":"1","listText":"1","text":"1","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/639752911","repostId":"2207709788","repostType":4,"repost":{"id":"2207709788","kind":"news","pubTimestamp":1643433380,"share":"https://www.laohunote.com/m/news/2207709788?lang=zh_CN&edition=full","pubTime":"2022-01-29 13:16","market":"us","language":"en","title":"French Court Upholds 100 Million Euro Fine against Google for Breaches Linked to Cookie Policy<blockquote>法国法院维持对谷歌违反 Cookie 政策处以 1 亿欧元罚款</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=2207709788","media":"Reuters","summary":"France's Conseil d'Etat, the country's supreme administrative court, on Friday said it upheld a deci","content":"<p><html><head></head><body>France's Conseil d'Etat, the country's supreme administrative court, on Friday said it upheld a decision by a watchdog imposing a 100 million euro (US$111.46 million) fine on the US tech giant for breaches linked to its cookies policy.</p><p><blockquote><html><head></head><body>法国最高行政法院 Conseil d'Etat 周五表示，维持监管机构的决定，对这家美国科技巨头处以 1 亿欧元（1.1146 亿美元）罚款，原因是其违反了 Cookie 政策。</body></html></blockquote></p><p>The fine imposed by France's CNIL data protection authority was proportionate, the court said in a statement.</p><p><blockquote>法院在一份声明中表示，法国 CNIL 数据保护局处以的罚款是相称的。</blockquote></p><p>"The Conseil d'Etat therefore rejects Google's demand to annul the sanction", it said.</p><p><blockquote>“因此，国务委员会拒绝了谷歌取消制裁的要求”，它说。</blockquote></p><p></body></html></p><p><blockquote></blockquote></p><p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>French Court Upholds 100 Million Euro Fine against Google for Breaches Linked to Cookie Policy<blockquote>法国法院维持对谷歌违反 Cookie 政策处以 1 亿欧元罚款</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\">\nFrench Court Upholds 100 Million Euro Fine against Google for Breaches Linked to Cookie Policy<blockquote>法国法院维持对谷歌违反 Cookie 政策处以 1 亿欧元罚款</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Reuters</strong><span class=\"h-time small\">2022-01-29 13:16</span>\n</p>\n</h4>\n</header>\n<article>\n<p><html><head></head><body>France's Conseil d'Etat, the country's supreme administrative court, on Friday said it upheld a decision by a watchdog imposing a 100 million euro (US$111.46 million) fine on the US tech giant for breaches linked to its cookies policy.</p><p><blockquote><html><head></head><body>法国最高行政法院 Conseil d'Etat 周五表示，维持监管机构的决定，对这家美国科技巨头处以 1 亿欧元（1.1146 亿美元）罚款，原因是其违反了 Cookie 政策。</body></html></blockquote></p><p>The fine imposed by France's CNIL data protection authority was proportionate, the court said in a statement.</p><p><blockquote>法院在一份声明中表示，法国 CNIL 数据保护局处以的罚款是相称的。</blockquote></p><p>"The Conseil d'Etat therefore rejects Google's demand to annul the sanction", it said.</p><p><blockquote>“因此，国务委员会拒绝了谷歌取消制裁的要求”，它说。</blockquote></p><p></body></html></p><p><blockquote></blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.channelnewsasia.com/business/french-court-upholds-100-million-euro-fine-against-google-breaches-linked-cookie-policy-2467276\">Reuters</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4507":"流媒体概念","BK4534":"瑞士信贷持仓","BK4548":"巴美列捷福持仓","GOOGL":"谷歌A","BK4554":"元宇宙及AR概念","BK4514":"搜索引擎","BK4533":"AQR资本管理(全球第二大对冲基金)","BK4553":"喜马拉雅资本持仓","GOOG":"谷歌","BK4527":"明星科技股","BK4566":"资本集团","BK4525":"远程办公概念","BK4550":"红杉资本持仓"},"source_url":"https://www.channelnewsasia.com/business/french-court-upholds-100-million-euro-fine-against-google-breaches-linked-cookie-policy-2467276","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2207709788","content_text":"France's Conseil d'Etat, the country's supreme administrative court, on Friday said it upheld a decision by a watchdog imposing a 100 million euro (US$111.46 million) fine on the US tech giant for breaches linked to its cookies policy.The fine imposed by France's CNIL data protection authority was proportionate, the court said in a statement.\"The Conseil d'Etat therefore rejects Google's demand to annul the sanction\", it said.","news_type":1,"symbols_score_info":{"GOOGL":0.9,"GOOG":0.9}},"isVote":1,"tweetType":1,"viewCount":4146,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":639454728,"gmtCreate":1643408322267,"gmtModify":1643408322483,"author":{"id":"3581919031797456","authorId":"3581919031797456","name":"JeffreyNeo","avatar":"https://static.tigerbbs.com/fd016aa2ec66a904f877445461310e24","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581919031797456","authorIdStr":"3581919031797456"},"themes":[],"title":"","htmlText":"1","listText":"1","text":"1","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/639454728","repostId":"1175743992","repostType":4,"repost":{"id":"1175743992","kind":"news","pubTimestamp":1643382994,"share":"https://www.laohunote.com/m/news/1175743992?lang=zh_CN&edition=full","pubTime":"2022-01-28 23:16","market":"us","language":"en","title":"7 Big Tech Stocks Likely to Outperform the Nasdaq in 2022<blockquote>2022 年可能跑赢纳斯达克的 7 只大型科技股</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1175743992","media":"InvestorPlace","summary":"Tech stocks, including most big tech names, have been performing very badly in the first few weeks o","content":"<p><div> Tech stocks, including most big tech names, have been performing very badly in the first few weeks of this year. The Nasdaq 100, which is made up primarily of large tech companies, has tumbled 13% in ...</p><p><blockquote><div>包括大多数大型科技公司在内的科技股在今年前几周表现非常糟糕。主要由大型科技公司组成的纳斯达克100强在2010年下跌了13%……</div></blockquote></p><p> <a href=\"https://investorplace.com/2022/01/7-big-tech-stocks-likely-to-outperform-the-nasdaq-in-2022/\">网页链接</a> </div> </p><p><blockquote><a href=\"https://investorplace.com/2022/01/7-big-tech-stocks-likely-to-outperform-the-nasdaq-in-2022/\">网页连接</a></blockquote></p><p></p>","source":"lsy1606302653667","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>7 Big Tech Stocks Likely to Outperform the Nasdaq in 2022<blockquote>2022 年可能跑赢纳斯达克的 7 只大型科技股</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\">\n7 Big Tech Stocks Likely to Outperform the Nasdaq in 2022<blockquote>2022 年可能跑赢纳斯达克的 7 只大型科技股</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">InvestorPlace</strong><span class=\"h-time small\">2022-01-28 23:16</span>\n</p>\n</h4>\n</header>\n<article>\n<p><div> Tech stocks, including most big tech names, have been performing very badly in the first few weeks of this year. The Nasdaq 100, which is made up primarily of large tech companies, has tumbled 13% in ...</p><p><blockquote><div>包括大多数大型科技公司在内的科技股在今年前几周表现非常糟糕。主要由大型科技公司组成的纳斯达克100强在2010年下跌了13%……</div></blockquote></p><p> <a href=\"https://investorplace.com/2022/01/7-big-tech-stocks-likely-to-outperform-the-nasdaq-in-2022/\">网页链接</a> </div> </p><p><blockquote><a href=\"https://investorplace.com/2022/01/7-big-tech-stocks-likely-to-outperform-the-nasdaq-in-2022/\">网页连接</a></blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://investorplace.com/2022/01/7-big-tech-stocks-likely-to-outperform-the-nasdaq-in-2022/\">InvestorPlace</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"CIEN":"Ciena科技","PANW":"Palo Alto Networks","IBM":"IBM","MSFT":"微软","GOOG":"谷歌","TSM":"台积电","PYPL":"PayPal"},"source_url":"https://investorplace.com/2022/01/7-big-tech-stocks-likely-to-outperform-the-nasdaq-in-2022/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1175743992","content_text":"Tech stocks, including most big tech names, have been performing very badly in the first few weeks of this year. The Nasdaq 100, which is made up primarily of large tech companies, has tumbled 13% in 2022 so far.But investors who follow a few principles when it comes to buying large tech stocks can easily outperform the Nasdaq and the Nasdaq 100, while making significant profits this year.First of all, with the Street very bearish on unprofitable and high-valuation firms in this elevated inflation, rising interest rate environment, medium-term investors should only buy the shares of large tech companies that are firmly in the black. Secondly, with very few exceptions, they should avoid the shares of companies seen as pandemic plays.Also importantly, tech stocks that are in the sectors viewed relatively optimistically by Wall Street should be emphasized. Among these are IT security, the cloud, semiconductors and fiber optics.With this in mind, here are seven big tech stock likely to outperform the Nasdaq this year:IBM(NYSE:IBM)Microsoft(NASDAQ:MSFT)Palo Alto Networks(NASDAQ:PANW)Alphabet(NASDAQ:GOOG, NASDAQ:GOOGL)Taiwan Semiconductor(NYSE:TSM)PayPal(NASDAQ:PYPL)Ciena(NYSE:CIEN)Tech Stocks to Beat the Nasdaq: IBM (IBM)This “old tech” stock has all of the characteristics that I outlined in this column’s introduction. It’s definitely profitable, as analysts on average expect its 2022 earnings per shareto come in at nearly $10. And, trading at about 13 times that $10 estimate, it’s certainly cheap. Finally, IBM is heavily involved in the cloud.More specifically,as I pointed out in a December 2021 column, IBM CEO Arvind Krishna has adopted a hybrid cloud strategy, which involves marketing the conglomerate’s “software tools that connect multiple public clouds to companies’ on-premise data centers and edge environments.” With many businesses very concerned about cloud outages, that should be a winning strategy this year.Additionally, IBM’s spinoff of its less profitable businesses, completed in November, should greatly boost the valuation of IBM stock.Finally, Krishna is widely viewed as doing a good job so far, and the company does not face significant regulatory headwinds.Microsoft (MSFT)The second-largest cloud infrastructure provider, Microsoft is very well-positioned to benefit from the technology’s growth his year. Specifically, well-respected research firm Gartner predicts that cloud spending will grow to $482 billion this year, versus $313 billion in 2020.Indeed, with the work-from-home trend staying stronger than many had expected, the cloud is going to stay critical for the foreseeable future.Microsoft has a reasonable valuation (after its recent pullback, MSFT stock is changing hands for less than 32 times analysts’ average 2022 earnings per share (EPS) estimate). Meanwhile, like IBM, it definitely is quite profitable, and it’s unlikely to face any difficult regulatory challenges in 2022.Also like IBM, the company is poised to continue getting a lift from the work-from-home trend. Not only will Microsoft’s cloud unit be boosted by that trend, but its Windows business should continue to be lifted as more work-from-home employees upgrade their home computer hardware and software.Tech Stocks to Beat the Nasdaq: Palo Alto Networks (PANW)One of the world’s premiere cybersecurity companies, Palo Alto is often on “the short lists” of major IT security deals. And given the multiple huge cyberattacks that major companies and governments have absorbed in recent years, cybersecurity is becoming more crucial than ever. Also likely to increase cybersecurity companies’ top and bottom lines is the ever-accelerating Internet of Things trend, including the rise of connected cars.Importantly, with the federal government continuing to rapidly increase its spending on cybersecurity initiatives, the company has a substantial federal IT security business. What’s more, as artificial intelligence is becoming much more important in the sector, Palo Alto is quickly increasing its utilization of the technology.Analysts expect the IT security giant to generate EPS of $7.23 this year, up from $6.14 in 2021. PANW stock is changing hands for 67 times the mean 2022 EPS estimate. That sounds high, but it’s actually fairly low for the hot cybersecurity sector.Alphabet (GOOG, GOOGL)With its highly profitable search ad business that’s seemingly impervious to recession, the pandemic, the recovery from the pandemic, Apple’s (NASDAQ:AAPL) new privacy rules and inflation, Alphabet has become a FAANG favorite on the Street.In Q3 2021, the company’s profit rose by a huge 66% year-over-year to an incredible $19 billion, while its ad revenue climbed 43% YoY.Alphabet has been cutting its costs, and 2022 could be the year when its Waymo self-driving unit starts really putting its tremendous commercial potential on display. The unit intends to launch multiple pilots in Texas with its partner, logistics firmJB Hunt(NASDAQ:JBHT), this year.JMP Securities analyst Andrew Boone told The New York Times that “it just appears that the company is immune to the impact” of government regulations. The company’s financial help for the Democratic Party will probably help it avoid any tough penalties from Washington.Tech Stocks to Beat the Nasdaq: Taiwan Semiconductors (TSM)Benefitting from the incredibly strong demand for chips, the company recently reported higher-than-expectedQ4 EPS, which represented an all-time high for Taiwan Semiconductor. In Q1, the chip giant expects its operating profit margin to come in at 42%-44%.With the chip shortage still going strong and Taiwan Semiconductorinvesting heavily in expanding its capacity, the company should continue to benefit from incredibly strong demand for its products for a long time. That’s especially true since it makes top-notch chips for which there is exceptionally strong demand.TSM stock is down 1.4% year to date and down 14.5% since Jan. 14, creating a very good entry point.According to Marketwatch, the shares are trading at an undemanding price-earnings ratio of 29.PayPal (PYPL)PayPal is not in one of the sectors currently favored by Wall Street, and some see its sector, fintech, as a pandemic play.Nonetheless, the company is the top name in the fintech space, which is still expected to grow at a very healthy compound annual growth rate of 24%from 2022 to 2027. As I pointed out in a previous column, PayPal has a tremendous first-mover advantage in the sector, with 400 million customers and “5 billion transactions plus a quarter.”PayPal’s 2021 EPSis expected by analysts, on average, to be a robust $3.48, and its 2022 EPS is expected to climb to $3.97.Considering all of these positive points, its forward price/earnings ratio of 33, based on analysts’ average 2022 revenue estimate, is a steal.Tech Stocks to Beat the Nasdaq: Ciena (CIEN)Benefiting from the rollout of 5G, CIEN stock is still up 21% over the past three months despite the tech pullback.In a Jan. 11 note to investors, Bank of America wrote that“networking is back.” In the same note, the firm raised its price target on CIEN stock to $91 from $83.In Ciena’s fiscal Q4 that ended in October, its revenue jumped 26% YoY to $1.04billion, and its EPS came in at 85 cents. And in very good news for the company’s shareholders, its board authorized $1 billion of stock repurchases. Impressively, its backlog reached $2.2 billion as of the end of October, up from $1 billion during the same period a year earlier.Ciena’s CEO, Gary Smith, toldBarron’sthat it was benefiting from prolific orders by both telecom carriers and companies in the cloud sector.","news_type":1,"symbols_score_info":{"IBM":0.9,"CIEN":0.9,"GOOG":0.9,"MSFT":0.9,"PANW":0.9,"PYPL":0.9,"TSM":0.9}},"isVote":1,"tweetType":1,"viewCount":1371,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":639593639,"gmtCreate":1643337576418,"gmtModify":1643337576637,"author":{"id":"3581919031797456","authorId":"3581919031797456","name":"JeffreyNeo","avatar":"https://static.tigerbbs.com/fd016aa2ec66a904f877445461310e24","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581919031797456","authorIdStr":"3581919031797456"},"themes":[],"title":"","htmlText":"1","listText":"1","text":"1","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/639593639","repostId":"2206412188","repostType":4,"isVote":1,"tweetType":1,"viewCount":1462,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":639898533,"gmtCreate":1643238964626,"gmtModify":1643238964834,"author":{"id":"3581919031797456","authorId":"3581919031797456","name":"JeffreyNeo","avatar":"https://static.tigerbbs.com/fd016aa2ec66a904f877445461310e24","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581919031797456","authorIdStr":"3581919031797456"},"themes":[],"title":"","htmlText":"1","listText":"1","text":"1","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/639898533","repostId":"1180034019","repostType":4,"isVote":1,"tweetType":1,"viewCount":1289,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":639149927,"gmtCreate":1643212642067,"gmtModify":1643212642270,"author":{"id":"3581919031797456","authorId":"3581919031797456","name":"JeffreyNeo","avatar":"https://static.tigerbbs.com/fd016aa2ec66a904f877445461310e24","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581919031797456","authorIdStr":"3581919031797456"},"themes":[],"title":"","htmlText":"1","listText":"1","text":"1","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":1,"repostSize":1,"link":"https://laohu8.com/post/639149927","repostId":"1161010042","repostType":4,"repost":{"id":"1161010042","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":1643208796,"share":"https://www.laohunote.com/m/news/1161010042?lang=zh_CN&edition=full","pubTime":"2022-01-26 22:53","market":"us","language":"en","title":"Draftkings Soared Over 10% in Morning Trading after It Attracted Higher Estimates from BofA<blockquote>Draftkings 在吸引美国银行上调预期后，早盘交易中飙升超过 10%</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1161010042","media":"Tiger Newspress","summary":"Draftkings soared over 10% in morning trading after it attracted higher estimates from BofA. Bank of","content":"<p><html><head></head><body>Draftkings soared over 10% in morning trading after it attracted higher estimates from BofA.</p><p><blockquote><html><head></head><body>在吸引了美国银行的更高预期后，Draftkings 在早盘交易中飙升超过 10%。</body></html></blockquote></p><p> <img src=\"https://static.tigerbbs.com/ec42779b222985b1f030f6b27a072df3\" tg-width=\"768\" tg-height=\"564\" width=\"100%\" height=\"auto\"/></p><p><blockquote></blockquote></p><p>Bank of America lifted estimates on DraftKingsto adjust for the strong start in New York. The firm saw Q4 revenue estimate of $446M (+108% Q/Q, +39% Y/Y) vs. the implied guidance of $437M at the midpoint. BofA saw 2022 revenue of $2.12B.</p><p><blockquote>美国银行上调了对 DraftKingsto 的预期，以适应纽约的强劲开局。该公司预计第四季度收入为 4.46 亿美元（环比增长 108%，同比增长 39%），而中点的隐含指引为 4.37 亿美元。美国银行预计 2022 年收入为 $2.12B。</blockquote></p><p>Importantly, BofA also updated its total addressable market forecast and out-year forecasts higher for the timing of state launches and recent data.</p><p><blockquote>重要的是，美国银行还更新了其总潜在市场预测和年度预测，以提高各州启动时间和近期数据。</blockquote></p><p></body></html></p><p><blockquote></blockquote></p><p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Draftkings Soared Over 10% in Morning Trading after It Attracted Higher Estimates from BofA<blockquote>Draftkings 在吸引美国银行上调预期后，早盘交易中飙升超过 10%</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\">\nDraftkings Soared Over 10% in Morning Trading after It Attracted Higher Estimates from BofA<blockquote>Draftkings 在吸引美国银行上调预期后，早盘交易中飙升超过 10%</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\">2022-01-26 22:53</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p><html><head></head><body>Draftkings soared over 10% in morning trading after it attracted higher estimates from BofA.</p><p><blockquote><html><head></head><body>在吸引了美国银行的更高预期后，Draftkings 在早盘交易中飙升超过 10%。</body></html></blockquote></p><p> <img src=\"https://static.tigerbbs.com/ec42779b222985b1f030f6b27a072df3\" tg-width=\"768\" tg-height=\"564\" width=\"100%\" height=\"auto\"/></p><p><blockquote></blockquote></p><p>Bank of America lifted estimates on DraftKingsto adjust for the strong start in New York. The firm saw Q4 revenue estimate of $446M (+108% Q/Q, +39% Y/Y) vs. the implied guidance of $437M at the midpoint. BofA saw 2022 revenue of $2.12B.</p><p><blockquote>美国银行上调了对 DraftKingsto 的预期，以适应纽约的强劲开局。该公司预计第四季度收入为 4.46 亿美元（环比增长 108%，同比增长 39%），而中点的隐含指引为 4.37 亿美元。美国银行预计 2022 年收入为 $2.12B。</blockquote></p><p>Importantly, BofA also updated its total addressable market forecast and out-year forecasts higher for the timing of state launches and recent data.</p><p><blockquote>重要的是，美国银行还更新了其总潜在市场预测和年度预测，以提高各州启动时间和近期数据。</blockquote></p><p></body></html></p><p><blockquote></blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"DKNG":"DraftKings Inc."},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1161010042","content_text":"Draftkings soared over 10% in morning trading after it attracted higher estimates from BofA. Bank of America lifted estimates on DraftKingsto adjust for the strong start in New York. The firm saw Q4 revenue estimate of $446M (+108% Q/Q, +39% Y/Y) vs. the implied guidance of $437M at the midpoint. BofA saw 2022 revenue of $2.12B.Importantly, BofA also updated its total addressable market forecast and out-year forecasts higher for the timing of state launches and recent data.","news_type":1,"symbols_score_info":{"DKNG":0.9}},"isVote":1,"tweetType":1,"viewCount":1068,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":630539292,"gmtCreate":1642980445013,"gmtModify":1642980445307,"author":{"id":"3581919031797456","authorId":"3581919031797456","name":"JeffreyNeo","avatar":"https://static.tigerbbs.com/fd016aa2ec66a904f877445461310e24","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581919031797456","authorIdStr":"3581919031797456"},"themes":[],"title":"","htmlText":"1","listText":"1","text":"1","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/630539292","repostId":"2205078372","repostType":4,"isVote":1,"tweetType":1,"viewCount":1592,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":630230140,"gmtCreate":1642889990072,"gmtModify":1642889990359,"author":{"id":"3581919031797456","authorId":"3581919031797456","name":"JeffreyNeo","avatar":"https://static.tigerbbs.com/fd016aa2ec66a904f877445461310e24","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581919031797456","authorIdStr":"3581919031797456"},"themes":[],"title":"","htmlText":"1","listText":"1","text":"1","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/630230140","repostId":"1116834406","repostType":4,"isVote":1,"tweetType":1,"viewCount":1126,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":630687677,"gmtCreate":1642818151044,"gmtModify":1642818151303,"author":{"id":"3581919031797456","authorId":"3581919031797456","name":"JeffreyNeo","avatar":"https://static.tigerbbs.com/fd016aa2ec66a904f877445461310e24","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581919031797456","authorIdStr":"3581919031797456"},"themes":[],"title":"","htmlText":"Great ariticle, would you like to share it?","listText":"Great ariticle, would you like to share it?","text":"Great ariticle, would you like to share it?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/630687677","repostId":"1116834406","repostType":4,"isVote":1,"tweetType":1,"viewCount":1498,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":630357977,"gmtCreate":1642723159381,"gmtModify":1642723159622,"author":{"id":"3581919031797456","authorId":"3581919031797456","name":"JeffreyNeo","avatar":"https://static.tigerbbs.com/fd016aa2ec66a904f877445461310e24","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581919031797456","authorIdStr":"3581919031797456"},"themes":[],"title":"","htmlText":"1//<a href=\"https://laohu8.com/U/3581919031797456\">@JeffreyNeo</a>: 1","listText":"1//<a href=\"https://laohu8.com/U/3581919031797456\">@JeffreyNeo</a>: 1","text":"1//@JeffreyNeo: 1","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/630357977","repostId":"2205419015","repostType":4,"isVote":1,"tweetType":1,"viewCount":1112,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":630354604,"gmtCreate":1642723133572,"gmtModify":1642723133812,"author":{"id":"3581919031797456","authorId":"3581919031797456","name":"JeffreyNeo","avatar":"https://static.tigerbbs.com/fd016aa2ec66a904f877445461310e24","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581919031797456","authorIdStr":"3581919031797456"},"themes":[],"title":"","htmlText":"1","listText":"1","text":"1","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/630354604","repostId":"2205419015","repostType":4,"isVote":1,"tweetType":1,"viewCount":1439,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":697728314,"gmtCreate":1642600621668,"gmtModify":1642600622549,"author":{"id":"3581919031797456","authorId":"3581919031797456","name":"JeffreyNeo","avatar":"https://static.tigerbbs.com/fd016aa2ec66a904f877445461310e24","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581919031797456","authorIdStr":"3581919031797456"},"themes":[],"title":"","htmlText":"1","listText":"1","text":"1","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/697728314","repostId":"1163758681","repostType":4,"repost":{"id":"1163758681","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":1642597315,"share":"https://www.laohunote.com/m/news/1163758681?lang=zh_CN&edition=full","pubTime":"2022-01-19 21:01","market":"us","language":"en","title":"Toplines Before US Market Open on Wednesday<blockquote>周三美国市场开盘前的顶线</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1163758681","media":"Tiger Newspress","summary":"Upbeat results from Morgan Stanley and Bank of America pushed U.S. stock index futures higher on Wed","content":"<p><html><head></head><body>Upbeat results from Morgan Stanley and Bank of America pushed U.S. stock index futures higher on Wednesday, partially righting a wobbly start to the fourth-quarter earnings reporting season, while Big Tech stocks also looked set to make a comeback.</p><p><blockquote><html><head></head><body>摩根士丹利和美国银行的乐观业绩推动美国股指期货周三走高，部分纠正了第四季度财报季开局不稳定的局面，而大型科技股似乎也将卷土重来。</body></html></blockquote></p><p>At 8:00 a.m. ET, Dow E-minis were up 76 points, or 0.22%, S&P 500 E-minis were up 13.5 points, or 0.3% and Nasdaq 100 E-minis were up 59.25 points, or 0.39%.</p><p><blockquote>美国东部时间上午 8:00，道琼斯电子迷你指数上涨 76 点，涨幅 0.22%，标普500电子迷你指数上涨 13.5 点，涨幅 0.3%，纳斯达克 100 电子迷你指数上涨 59.25 点，涨幅 0.39%。</blockquote></p><p><img src=\"https://static.tigerbbs.com/97f0a47faf9374981a7223d239b2bf8f\" tg-width=\"1080\" tg-height=\"356\" referrerpolicy=\"no-referrer\"/>Shares of beaten-down megacap growth companies, including <a href=\"https://laohu8.com/S/AAPL\">Apple Inc</a>, <a href=\"https://laohu8.com/S/MSFT\">Microsoft Corp</a>, <a href=\"https://laohu8.com/S/GOOGL\">Alphabet Inc</a>, <a href=\"https://laohu8.com/S/TSLA\">Tesla Inc</a>, <a href=\"https://laohu8.com/S/FB\">Meta Platforms Inc</a> and Netflix Inc , rose up to 1%.</p><p><blockquote>遭受重创的大型成长型公司的股票，包括<a href=\"https://laohu8.com/S/AAPL\">苹果公司</a>,<a href=\"https://laohu8.com/S/MSFT\">微软公司</a>,<a href=\"https://laohu8.com/S/GOOGL\">Alphabet公司</a>,<a href=\"https://laohu8.com/S/TSLA\">特斯拉公司</a>,<a href=\"https://laohu8.com/S/FB\">元平台公司</a>Netflix Inc. 上涨高达 1%。</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/BAC\"><b>Bank of America</a> </b>– Bank of America shares rallied 3.2% in the premarket after it beat estimates by 6 cents with a quarterly profit of 82 cents per share. Revenue was slightly below forecasts, but the bank’s overall performance was helped by strength in investment banking.</p><p><blockquote><a href=\"https://laohu8.com/S/BAC\"><b>美国银行</b></a>– 美国银行股价盘前上涨 3.2%，季度利润为每股 82 美分，超出预期 6 美分。收入略低于预期，但投资银行业务的实力有助于该行的整体业绩。</blockquote></p><p><a href=\"https://laohu8.com/S/UNH\"><b>UnitedHealth Group</a></b> – UnitedHealth earned an adjusted $4.48 per share for the fourth quarter, 17 cents above estimates, and the health insurer’s revenue also topped forecasts. UnitedHealth saw particular strength from its Optum unit’s drug benefits management business.</p><p><blockquote><a href=\"https://laohu8.com/S/UNH\"><b>联合健康集团</b></a>- UnitedHealth 第四季度调整后每股收益为 4.48 美元，比预期高出 17 美分，该医疗保险公司的收入也超出了预期。UnitedHealth 从其 Optum 部门的药物福利管理业务中看到了特别的优势。</blockquote></p><p><a href=\"https://laohu8.com/S/MS\"><b>Morgan Stanley</a> </b>– Morgan Stanley jumped 3.5% in the premarket after beating estimates by 10 cents with a quarterly profit of $2.01 per share, and revenue essentially in line with forecasts. Results got a boost from robust deal advisory fees on a very active quarter for merger and acquisition deals.</p><p><blockquote><a href=\"https://laohu8.com/S/MS\"><b>摩根士丹利</b></a>– 摩根士丹利盘前上涨 3.5%，季度利润为每股 2.01 美元，超出预期 10 美分，收入基本符合预期。在并购交易非常活跃的季度，强劲的交易咨询费提振了业绩。</blockquote></p><p><a href=\"https://laohu8.com/S/PG\"><b>Procter & Gamble</a></b> – P&G added 1% in the premarket after beating estimates on the top and bottom lines for its fiscal second quarter and raising its organic growth outlook. P&G beat estimates by a penny with a profit of $1.66 per share, as consumers shrugged off price hikes for the company’s household staples.</p><p><blockquote><a href=\"https://laohu8.com/S/PG\"><b>宝洁公司</b></a>– 宝洁在第二财季营收和利润超出预期并上调有机增长前景后，盘前上涨 1%。由于消费者对该公司家用必需品的涨价置之不理，宝洁公司每股利润为 1.66 美元，超出预期 1 美分。</blockquote></p><p><a href=\"https://laohu8.com/S/SONY\"><b>Sony</a></b> – Sony fell 3.9% in premarket trading on top of a 7.2% skid Tuesday. The drop followed news ofMicrosoft’s (MSFT) deal to buy video game makerActivision Blizzard(ATVI) for $68.7 billion, a transaction that would increase competitive pressure on Sony’s PlayStation operation.</p><p><blockquote><a href=\"https://laohu8.com/S/SONY\"><b>索尼</b></a>– 索尼在周二下跌 7.2% 的基础上，在盘前交易中下跌 3.9%。微软（MSFT）以 687 亿美元收购视频游戏制造商动视暴雪（ATVI）的消息传出后，索尼的 PlayStation 业务将面临更大的竞争压力。</blockquote></p><p><a href=\"https://laohu8.com/S/ADS\"><b>Alliance Data Systems</a> </b>– Alliance Data lost 1.7% in premarket action, following news that warehouse retailerBJ’s Wholesale(BJ) is moving its co-branded credit card account toCapital One(COF). Alliance is also being sued by BJ’s, which claims the store credit card specialist is slowing down the transfer process. Alliance said it believes it is in full compliance with its contract.</p><p><blockquote><a href=\"https://laohu8.com/S/ADS\"><b>联盟数据系统</b></a>- 在仓储零售商 BJ's Wholesale (BJ) 将其联名信用卡账户转移到 Capital One (COF) 的消息传出后，Alliance Data 在盘前交易中下跌了 1.7%。Alliance 还被 BJ's 起诉，声称这家商店信用卡专员拖慢了转账流程。Alliance表示，它相信自己完全遵守了合同。</blockquote></p><p><a href=\"https://laohu8.com/S/SOFI\"><b>SoFi Technologies</a> </b>– SoFi surged 18% in premarket action after the financial technology company won regulatory approval to become a bank holding company.</p><p><blockquote><a href=\"https://laohu8.com/S/SOFI\"><b>SoFi技术</b></a>– 金融科技公司 SoFi 获得监管部门批准成为银行控股公司后，盘前股价飙升 18%。</blockquote></p><p><a href=\"https://laohu8.com/S/ZGNX\"><b>Zogenix</a></b> – Zogenix soared 65.9% in the premarket after agreeing to be acquired by Brussels-based biopharmaceutical company UCB for $26 dollars per share, compared with the $15.64 Tuesday closing price for Zogenix. UCB would also pay an extra $2 per share if the Zogenix drug fintepla – a treatment for a rare type of epilepsy – wins EU approval by the end of 2023.</p><p><blockquote><a href=\"https://laohu8.com/S/ZGNX\"><b>佐格尼克斯</b></a>– Zogenix 同意被总部位于布鲁塞尔的生物制药公司 UCB 以每股 26 美元的价格收购后，盘前股价飙升 65.9%，而 Zogenix 周二收盘价为 15.64 美元。如果 Zogenix 药物 fintepla（一种治疗罕见癫痫的药物）在 2023 年底前获得欧盟批准，UCB 还将额外支付每股 2 美元。</blockquote></p><p><a href=\"https://laohu8.com/S/TGNA\"><b>Tegna</a> </b>– Tegna is close to finalizing a $9 billion deal to be bought out by private equity firms Apollo Global Management and Standard General, according to sources familiar with the situation who spoke to the New York Post. The paper said the TV station operator was initially holding out for a roughly $500 breakup fee if the deal did not receive FCC approval in a timely manner, but has now backed off that demand. Tegna rallied 4.9% in the premarket.</p><p><blockquote><a href=\"https://laohu8.com/S/TGNA\"><b>画</b></a>– 据知情人士向《纽约邮报》透露，Tegna 即将敲定一项价值 90 亿美元的交易，由私募股权公司 Apollo Global Management 和 Standard General 收购。该报称，如果交易不能及时获得联邦通信委员会的批准，电视台运营商最初要求支付大约500美元的分手费，但现在已经放弃了这一要求。Tegna 盘前上涨 4.9%。</blockquote></p><p><a href=\"https://laohu8.com/S/ASML\"><b>ASML</a> </b>– ASML shares rose after reporting a better-than-expected fourth-quarter profit. The Dutch chipmaker also issued an upbeat 2022 sales growth forecast, with shares adding 2.2% in premarket trading.</p><p><blockquote><a href=\"https://laohu8.com/S/ASML\"><b>阿斯麦</b></a>– ASML 公布第四季度利润好于预期后股价上涨。这家荷兰芯片制造商还发布了乐观的 2022 年销售额增长预测，股价在盘前交易中上涨 2.2%。</blockquote></p><p><a href=\"https://laohu8.com/S/PSON\"><b>Pearson</a></b> – Pearson raised its full-year forecast amid strength across its education publishing portfolio and better-than-expected prospects for U.S. higher education courseware. Pearson shares jumped 7.2% in the premarket.</p><p><blockquote><a href=\"https://laohu8.com/S/PSON\"><b>皮尔逊</b></a>– 培生上调了全年预测，原因是其教育出版产品组合的实力以及美国高等教育课件的前景好于预期。培生股价盘前上涨 7.2%。</blockquote></p><p></body></html></p><p><blockquote></blockquote></p><p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Toplines Before US Market Open on Wednesday<blockquote>周三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; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nToplines Before US Market Open on Wednesday<blockquote>周三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\">2022-01-19 21:01</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p><html><head></head><body>Upbeat results from Morgan Stanley and Bank of America pushed U.S. stock index futures higher on Wednesday, partially righting a wobbly start to the fourth-quarter earnings reporting season, while Big Tech stocks also looked set to make a comeback.</p><p><blockquote><html><head></head><body>摩根士丹利和美国银行的乐观业绩推动美国股指期货周三走高，部分纠正了第四季度财报季开局不稳定的局面，而大型科技股似乎也将卷土重来。</body></html></blockquote></p><p>At 8:00 a.m. ET, Dow E-minis were up 76 points, or 0.22%, S&P 500 E-minis were up 13.5 points, or 0.3% and Nasdaq 100 E-minis were up 59.25 points, or 0.39%.</p><p><blockquote>美国东部时间上午 8:00，道琼斯电子迷你指数上涨 76 点，涨幅 0.22%，标普500电子迷你指数上涨 13.5 点，涨幅 0.3%，纳斯达克 100 电子迷你指数上涨 59.25 点，涨幅 0.39%。</blockquote></p><p><img src=\"https://static.tigerbbs.com/97f0a47faf9374981a7223d239b2bf8f\" tg-width=\"1080\" tg-height=\"356\" referrerpolicy=\"no-referrer\"/>Shares of beaten-down megacap growth companies, including <a href=\"https://laohu8.com/S/AAPL\">Apple Inc</a>, <a href=\"https://laohu8.com/S/MSFT\">Microsoft Corp</a>, <a href=\"https://laohu8.com/S/GOOGL\">Alphabet Inc</a>, <a href=\"https://laohu8.com/S/TSLA\">Tesla Inc</a>, <a href=\"https://laohu8.com/S/FB\">Meta Platforms Inc</a> and Netflix Inc , rose up to 1%.</p><p><blockquote>遭受重创的大型成长型公司的股票，包括<a href=\"https://laohu8.com/S/AAPL\">苹果公司</a>,<a href=\"https://laohu8.com/S/MSFT\">微软公司</a>,<a href=\"https://laohu8.com/S/GOOGL\">Alphabet公司</a>,<a href=\"https://laohu8.com/S/TSLA\">特斯拉公司</a>,<a href=\"https://laohu8.com/S/FB\">元平台公司</a>Netflix Inc. 上涨高达 1%。</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/BAC\"><b>Bank of America</a> </b>– Bank of America shares rallied 3.2% in the premarket after it beat estimates by 6 cents with a quarterly profit of 82 cents per share. Revenue was slightly below forecasts, but the bank’s overall performance was helped by strength in investment banking.</p><p><blockquote><a href=\"https://laohu8.com/S/BAC\"><b>美国银行</b></a>– 美国银行股价盘前上涨 3.2%，季度利润为每股 82 美分，超出预期 6 美分。收入略低于预期，但投资银行业务的实力有助于该行的整体业绩。</blockquote></p><p><a href=\"https://laohu8.com/S/UNH\"><b>UnitedHealth Group</a></b> – UnitedHealth earned an adjusted $4.48 per share for the fourth quarter, 17 cents above estimates, and the health insurer’s revenue also topped forecasts. UnitedHealth saw particular strength from its Optum unit’s drug benefits management business.</p><p><blockquote><a href=\"https://laohu8.com/S/UNH\"><b>联合健康集团</b></a>- UnitedHealth 第四季度调整后每股收益为 4.48 美元，比预期高出 17 美分，该医疗保险公司的收入也超出了预期。UnitedHealth 从其 Optum 部门的药物福利管理业务中看到了特别的优势。</blockquote></p><p><a href=\"https://laohu8.com/S/MS\"><b>Morgan Stanley</a> </b>– Morgan Stanley jumped 3.5% in the premarket after beating estimates by 10 cents with a quarterly profit of $2.01 per share, and revenue essentially in line with forecasts. Results got a boost from robust deal advisory fees on a very active quarter for merger and acquisition deals.</p><p><blockquote><a href=\"https://laohu8.com/S/MS\"><b>摩根士丹利</b></a>– 摩根士丹利盘前上涨 3.5%，季度利润为每股 2.01 美元，超出预期 10 美分，收入基本符合预期。在并购交易非常活跃的季度，强劲的交易咨询费提振了业绩。</blockquote></p><p><a href=\"https://laohu8.com/S/PG\"><b>Procter & Gamble</a></b> – P&G added 1% in the premarket after beating estimates on the top and bottom lines for its fiscal second quarter and raising its organic growth outlook. P&G beat estimates by a penny with a profit of $1.66 per share, as consumers shrugged off price hikes for the company’s household staples.</p><p><blockquote><a href=\"https://laohu8.com/S/PG\"><b>宝洁公司</b></a>– 宝洁在第二财季营收和利润超出预期并上调有机增长前景后，盘前上涨 1%。由于消费者对该公司家用必需品的涨价置之不理，宝洁公司每股利润为 1.66 美元，超出预期 1 美分。</blockquote></p><p><a href=\"https://laohu8.com/S/SONY\"><b>Sony</a></b> – Sony fell 3.9% in premarket trading on top of a 7.2% skid Tuesday. The drop followed news ofMicrosoft’s (MSFT) deal to buy video game makerActivision Blizzard(ATVI) for $68.7 billion, a transaction that would increase competitive pressure on Sony’s PlayStation operation.</p><p><blockquote><a href=\"https://laohu8.com/S/SONY\"><b>索尼</b></a>– 索尼在周二下跌 7.2% 的基础上，在盘前交易中下跌 3.9%。微软（MSFT）以 687 亿美元收购视频游戏制造商动视暴雪（ATVI）的消息传出后，索尼的 PlayStation 业务将面临更大的竞争压力。</blockquote></p><p><a href=\"https://laohu8.com/S/ADS\"><b>Alliance Data Systems</a> </b>– Alliance Data lost 1.7% in premarket action, following news that warehouse retailerBJ’s Wholesale(BJ) is moving its co-branded credit card account toCapital One(COF). Alliance is also being sued by BJ’s, which claims the store credit card specialist is slowing down the transfer process. Alliance said it believes it is in full compliance with its contract.</p><p><blockquote><a href=\"https://laohu8.com/S/ADS\"><b>联盟数据系统</b></a>- 在仓储零售商 BJ's Wholesale (BJ) 将其联名信用卡账户转移到 Capital One (COF) 的消息传出后，Alliance Data 在盘前交易中下跌了 1.7%。Alliance 还被 BJ's 起诉，声称这家商店信用卡专员拖慢了转账流程。Alliance表示，它相信自己完全遵守了合同。</blockquote></p><p><a href=\"https://laohu8.com/S/SOFI\"><b>SoFi Technologies</a> </b>– SoFi surged 18% in premarket action after the financial technology company won regulatory approval to become a bank holding company.</p><p><blockquote><a href=\"https://laohu8.com/S/SOFI\"><b>SoFi技术</b></a>– 金融科技公司 SoFi 获得监管部门批准成为银行控股公司后，盘前股价飙升 18%。</blockquote></p><p><a href=\"https://laohu8.com/S/ZGNX\"><b>Zogenix</a></b> – Zogenix soared 65.9% in the premarket after agreeing to be acquired by Brussels-based biopharmaceutical company UCB for $26 dollars per share, compared with the $15.64 Tuesday closing price for Zogenix. UCB would also pay an extra $2 per share if the Zogenix drug fintepla – a treatment for a rare type of epilepsy – wins EU approval by the end of 2023.</p><p><blockquote><a href=\"https://laohu8.com/S/ZGNX\"><b>佐格尼克斯</b></a>– Zogenix 同意被总部位于布鲁塞尔的生物制药公司 UCB 以每股 26 美元的价格收购后，盘前股价飙升 65.9%，而 Zogenix 周二收盘价为 15.64 美元。如果 Zogenix 药物 fintepla（一种治疗罕见癫痫的药物）在 2023 年底前获得欧盟批准，UCB 还将额外支付每股 2 美元。</blockquote></p><p><a href=\"https://laohu8.com/S/TGNA\"><b>Tegna</a> </b>– Tegna is close to finalizing a $9 billion deal to be bought out by private equity firms Apollo Global Management and Standard General, according to sources familiar with the situation who spoke to the New York Post. The paper said the TV station operator was initially holding out for a roughly $500 breakup fee if the deal did not receive FCC approval in a timely manner, but has now backed off that demand. Tegna rallied 4.9% in the premarket.</p><p><blockquote><a href=\"https://laohu8.com/S/TGNA\"><b>画</b></a>– 据知情人士向《纽约邮报》透露，Tegna 即将敲定一项价值 90 亿美元的交易，由私募股权公司 Apollo Global Management 和 Standard General 收购。该报称，如果交易不能及时获得联邦通信委员会的批准，电视台运营商最初要求支付大约500美元的分手费，但现在已经放弃了这一要求。Tegna 盘前上涨 4.9%。</blockquote></p><p><a href=\"https://laohu8.com/S/ASML\"><b>ASML</a> </b>– ASML shares rose after reporting a better-than-expected fourth-quarter profit. The Dutch chipmaker also issued an upbeat 2022 sales growth forecast, with shares adding 2.2% in premarket trading.</p><p><blockquote><a href=\"https://laohu8.com/S/ASML\"><b>阿斯麦</b></a>– ASML 公布第四季度利润好于预期后股价上涨。这家荷兰芯片制造商还发布了乐观的 2022 年销售额增长预测，股价在盘前交易中上涨 2.2%。</blockquote></p><p><a href=\"https://laohu8.com/S/PSON\"><b>Pearson</a></b> – Pearson raised its full-year forecast amid strength across its education publishing portfolio and better-than-expected prospects for U.S. higher education courseware. Pearson shares jumped 7.2% in the premarket.</p><p><blockquote><a href=\"https://laohu8.com/S/PSON\"><b>皮尔逊</b></a>– 培生上调了全年预测，原因是其教育出版产品组合的实力以及美国高等教育课件的前景好于预期。培生股价盘前上涨 7.2%。</blockquote></p><p></body></html></p><p><blockquote></blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"UNH":"联合健康","ASML":"阿斯麦",".IXIC":"NASDAQ Composite","SOFI":"SoFi Technologies Inc.","BAC":"美国银行","SONY":"索尼","PG":"宝洁",".SPX":"S&P 500 Index",".DJI":"道琼斯","MS":"摩根士丹利"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1163758681","content_text":"Upbeat results from Morgan Stanley and Bank of America pushed U.S. stock index futures higher on Wednesday, partially righting a wobbly start to the fourth-quarter earnings reporting season, while Big Tech stocks also looked set to make a comeback.At 8:00 a.m. ET, Dow E-minis were up 76 points, or 0.22%, S&P 500 E-minis were up 13.5 points, or 0.3% and Nasdaq 100 E-minis were up 59.25 points, or 0.39%.Shares of beaten-down megacap growth companies, including Apple Inc, Microsoft Corp, Alphabet Inc, Tesla Inc, Meta Platforms Inc and Netflix Inc , rose up to 1%.Stocks making the biggest moves in the premarket:Bank of America – Bank of America shares rallied 3.2% in the premarket after it beat estimates by 6 cents with a quarterly profit of 82 cents per share. Revenue was slightly below forecasts, but the bank’s overall performance was helped by strength in investment banking.UnitedHealth Group – UnitedHealth earned an adjusted $4.48 per share for the fourth quarter, 17 cents above estimates, and the health insurer’s revenue also topped forecasts. UnitedHealth saw particular strength from its Optum unit’s drug benefits management business.Morgan Stanley – Morgan Stanley jumped 3.5% in the premarket after beating estimates by 10 cents with a quarterly profit of $2.01 per share, and revenue essentially in line with forecasts. Results got a boost from robust deal advisory fees on a very active quarter for merger and acquisition deals.Procter & Gamble – P&G added 1% in the premarket after beating estimates on the top and bottom lines for its fiscal second quarter and raising its organic growth outlook. P&G beat estimates by a penny with a profit of $1.66 per share, as consumers shrugged off price hikes for the company’s household staples.Sony – Sony fell 3.9% in premarket trading on top of a 7.2% skid Tuesday. The drop followed news ofMicrosoft’s (MSFT) deal to buy video game makerActivision Blizzard(ATVI) for $68.7 billion, a transaction that would increase competitive pressure on Sony’s PlayStation operation.Alliance Data Systems – Alliance Data lost 1.7% in premarket action, following news that warehouse retailerBJ’s Wholesale(BJ) is moving its co-branded credit card account toCapital One(COF). Alliance is also being sued by BJ’s, which claims the store credit card specialist is slowing down the transfer process. Alliance said it believes it is in full compliance with its contract.SoFi Technologies – SoFi surged 18% in premarket action after the financial technology company won regulatory approval to become a bank holding company.Zogenix – Zogenix soared 65.9% in the premarket after agreeing to be acquired by Brussels-based biopharmaceutical company UCB for $26 dollars per share, compared with the $15.64 Tuesday closing price for Zogenix. UCB would also pay an extra $2 per share if the Zogenix drug fintepla – a treatment for a rare type of epilepsy – wins EU approval by the end of 2023.Tegna – Tegna is close to finalizing a $9 billion deal to be bought out by private equity firms Apollo Global Management and Standard General, according to sources familiar with the situation who spoke to the New York Post. The paper said the TV station operator was initially holding out for a roughly $500 breakup fee if the deal did not receive FCC approval in a timely manner, but has now backed off that demand. Tegna rallied 4.9% in the premarket.ASML – ASML shares rose after reporting a better-than-expected fourth-quarter profit. The Dutch chipmaker also issued an upbeat 2022 sales growth forecast, with shares adding 2.2% in premarket trading.Pearson – Pearson raised its full-year forecast amid strength across its education publishing portfolio and better-than-expected prospects for U.S. higher education courseware. Pearson shares jumped 7.2% in the premarket.","news_type":1,"symbols_score_info":{"ADS":0.9,"PG":0.9,"ZGNX":0.9,"PSON":0.9,"MS":0.9,".DJI":0.9,"UNH":0.9,"ASML":0.9,"BAC":0.9,"SONY":0.9,".SPX":0.9,".IXIC":0.9,"SOFI":0.9}},"isVote":1,"tweetType":1,"viewCount":1241,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0}],"hots":[{"id":862863176,"gmtCreate":1632870028018,"gmtModify":1632870028081,"author":{"id":"3581919031797456","authorId":"3581919031797456","name":"JeffreyNeo","avatar":"https://static.tigerbbs.com/fd016aa2ec66a904f877445461310e24","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581919031797456","authorIdStr":"3581919031797456"},"themes":[],"title":"","htmlText":"1","listText":"1","text":"1","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/862863176","repostId":"1186367782","repostType":4,"isVote":1,"tweetType":1,"viewCount":786,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":698319318,"gmtCreate":1640303770847,"gmtModify":1640303859436,"author":{"id":"3581919031797456","authorId":"3581919031797456","name":"JeffreyNeo","avatar":"https://static.tigerbbs.com/fd016aa2ec66a904f877445461310e24","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581919031797456","authorIdStr":"3581919031797456"},"themes":[],"title":"","htmlText":"1","listText":"1","text":"1","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/698319318","repostId":"2193078140","repostType":4,"isVote":1,"tweetType":1,"viewCount":569,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":879498112,"gmtCreate":1636760733511,"gmtModify":1636760733581,"author":{"id":"3581919031797456","authorId":"3581919031797456","name":"JeffreyNeo","avatar":"https://static.tigerbbs.com/fd016aa2ec66a904f877445461310e24","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581919031797456","authorIdStr":"3581919031797456"},"themes":[],"title":"","htmlText":"1","listText":"1","text":"1","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/879498112","repostId":"1139324750","repostType":4,"repost":{"id":"1139324750","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":1636729318,"share":"https://www.laohunote.com/m/news/1139324750?lang=zh_CN&edition=full","pubTime":"2021-11-12 23:01","market":"us","language":"en","title":"Nvidia shares fell nearly 2% in morning trading<blockquote>英伟达股价早盘下跌近 2%</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1139324750","media":"Tiger Newspress","summary":"Nvidia shares fell nearly 2% in morning trading.Wedbush analyst Matt Bryson downgraded NVIDIA Corp t","content":"<p>Nvidia shares fell nearly 2% in morning trading.<img src=\"https://static.tigerbbs.com/11eee16e740f662501f2bc3de305f18c\" tg-width=\"871\" tg-height=\"618\" width=\"100%\" height=\"auto\"><b>Wedbush</b> analyst Matt Bryson downgraded <b>NVIDIA Corp</b> to Neutral from Outperform with a price target of $300, up from $220.</p><p><blockquote>英伟达股价在早盘交易中下跌近2%。<b>韦德布什</b>分析师马特·布赖森下调评级<b>英伟达公司</b>从跑赢大盘调至中性，目标价从 220 美元上调至 300 美元。</blockquote></p><p> The analyst cites valuation for the downgrade, with the shares trading at 55 times his 2024 numbers.</p><p><blockquote>这位分析师引用了下调评级的估值，股价是他 2024 年数据的 55 倍。</blockquote></p><p> He would have to lift the multiple to 67x to justify Outperform, suggesting Nvidia valued at ~7X its stated 2024 TAM and ~25X sales. Conversely, he would have to double his sales growth assumptions (from ~20% to ~40%) over the next couple of years to continue to use a 40X multiple to value Nvidia.</p><p><blockquote>他必须将市盈率提高到 67 倍才能证明跑赢大盘的合理性，这表明 Nvidia 的估值约为其 2024 年 TAM 的 7 倍，销售额约为 25 倍。相反，他必须在未来几年将销售增长假设翻一番（从约 20% 增加到约 40%），才能继续使用 40 倍的倍数来估值 Nvidia。</blockquote></p><p> However, Bryson believes the combination of \"unprecedented demand\" for both data center and client offerings will allow Nvidia to exceed expectations again next week when its reports.</p><p><blockquote>然而，布赖森认为，数据中心和客户端产品的“前所未有的需求”将使英伟达在下周发布报告时再次超出预期。</blockquote></p><p> Nvidia's continued work in building out its AI software will further solidify its AI leadership.</p><p><blockquote>英伟达在构建人工智能软件方面的持续工作将进一步巩固其人工智能领先地位。</blockquote></p><p> Client GPUs have again become difficult to source, helped by a combination of solid gaming demand and crypto mining requirements.</p><p><blockquote>在稳定的游戏需求和加密挖掘要求的结合下，客户端GPU再次变得难以获得。</blockquote></p><p> New opportunities, particularly the Metaverse and its graphics-intensive requirements, have started to realize the increased investment.</p><p><blockquote>新的机遇，特别是元宇宙及其图形密集型需求，已经开始实现投资的增加。</blockquote></p><p> He sees no \"negative catalyst\" for the stock and improving fundamentals for Nvidia but downgrades the shares on valuation.</p><p><blockquote>他认为该股没有“负面催化剂”，英伟达的基本面也在改善，但下调了该股的估值。</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>Nvidia shares fell nearly 2% in morning trading<blockquote>英伟达股价早盘下跌近 2%</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; 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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\">\nNvidia shares fell nearly 2% in morning trading<blockquote>英伟达股价早盘下跌近 2%</blockquote>\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time smaller\">2021-11-12 23:01</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>Nvidia shares fell nearly 2% in morning trading.<img src=\"https://static.tigerbbs.com/11eee16e740f662501f2bc3de305f18c\" tg-width=\"871\" tg-height=\"618\" width=\"100%\" height=\"auto\"><b>Wedbush</b> analyst Matt Bryson downgraded <b>NVIDIA Corp</b> to Neutral from Outperform with a price target of $300, up from $220.</p><p><blockquote>英伟达股价在早盘交易中下跌近2%。<b>韦德布什</b>分析师马特·布赖森下调评级<b>英伟达公司</b>从跑赢大盘调至中性，目标价从 220 美元上调至 300 美元。</blockquote></p><p> The analyst cites valuation for the downgrade, with the shares trading at 55 times his 2024 numbers.</p><p><blockquote>这位分析师引用了下调评级的估值，股价是他 2024 年数据的 55 倍。</blockquote></p><p> He would have to lift the multiple to 67x to justify Outperform, suggesting Nvidia valued at ~7X its stated 2024 TAM and ~25X sales. Conversely, he would have to double his sales growth assumptions (from ~20% to ~40%) over the next couple of years to continue to use a 40X multiple to value Nvidia.</p><p><blockquote>他必须将市盈率提高到 67 倍才能证明跑赢大盘的合理性，这表明 Nvidia 的估值约为其 2024 年 TAM 的 7 倍，销售额约为 25 倍。相反，他必须在未来几年将销售增长假设翻一番（从约 20% 增加到约 40%），才能继续使用 40 倍的倍数来估值 Nvidia。</blockquote></p><p> However, Bryson believes the combination of \"unprecedented demand\" for both data center and client offerings will allow Nvidia to exceed expectations again next week when its reports.</p><p><blockquote>然而，布赖森认为，数据中心和客户端产品的“前所未有的需求”将使英伟达在下周发布报告时再次超出预期。</blockquote></p><p> Nvidia's continued work in building out its AI software will further solidify its AI leadership.</p><p><blockquote>英伟达在构建人工智能软件方面的持续工作将进一步巩固其人工智能领先地位。</blockquote></p><p> Client GPUs have again become difficult to source, helped by a combination of solid gaming demand and crypto mining requirements.</p><p><blockquote>在稳定的游戏需求和加密挖掘要求的结合下，客户端GPU再次变得难以获得。</blockquote></p><p> New opportunities, particularly the Metaverse and its graphics-intensive requirements, have started to realize the increased investment.</p><p><blockquote>新的机遇，特别是元宇宙及其图形密集型需求，已经开始实现投资的增加。</blockquote></p><p> He sees no \"negative catalyst\" for the stock and improving fundamentals for Nvidia but downgrades the shares on valuation.</p><p><blockquote>他认为该股没有“负面催化剂”，英伟达的基本面也在改善，但下调了该股的估值。</blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NVDA":"英伟达"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1139324750","content_text":"Nvidia shares fell nearly 2% in morning trading.Wedbush analyst Matt Bryson downgraded NVIDIA Corp to Neutral from Outperform with a price target of $300, up from $220.\nThe analyst cites valuation for the downgrade, with the shares trading at 55 times his 2024 numbers.\nHe would have to lift the multiple to 67x to justify Outperform, suggesting Nvidia valued at ~7X its stated 2024 TAM and ~25X sales. Conversely, he would have to double his sales growth assumptions (from ~20% to ~40%) over the next couple of years to continue to use a 40X multiple to value Nvidia.\nHowever, Bryson believes the combination of \"unprecedented demand\" for both data center and client offerings will allow Nvidia to exceed expectations again next week when its reports.\nNvidia's continued work in building out its AI software will further solidify its AI leadership.\nClient GPUs have again become difficult to source, helped by a combination of solid gaming demand and crypto mining requirements.\nNew opportunities, particularly the Metaverse and its graphics-intensive requirements, have started to realize the increased investment.\nHe sees no \"negative catalyst\" for the stock and improving fundamentals for Nvidia but downgrades the shares on 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"images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/699574916","repostId":"1189235922","repostType":4,"repost":{"id":"1189235922","kind":"news","pubTimestamp":1639809269,"share":"https://www.laohunote.com/m/news/1189235922?lang=zh_CN&edition=full","pubTime":"2021-12-18 14:34","market":"us","language":"en","title":"DaVita authorizes additional $2B share repurchase<blockquote>DaVita 授权额外回购 $2B 股票</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1189235922","media":"Seeking Alpha","summary":"DaVita Board of Directors increased the authorization under the existing share repurchase program b","content":"<p><a href=\"https://laohu8.com/S/DVA\">DaVita </a> Board of Directors increased the authorization under the existing share repurchase program by $2B in additional repurchasing authority.</p><p><blockquote><a href=\"https://laohu8.com/S/DVA\">达维塔</a>董事会将现有股票回购计划下的授权增加了20亿美元的额外回购授权。</blockquote></p><p> The amount of shares authorized to be repurchased under the new authorization does not include the amount remaining under the company’s existing share repurchase program authorized on December 10, 2020 .</p><p><blockquote>根据新授权授权回购的股份数量不包括2020年12月10日授权的公司现有股份回购计划下的剩余数量。</blockquote></p><p> Some bearish commentary and rating on the stock by SA contributor who writes: 'The company appears to be overvalued, and there are several challenges facing the company in the future.'</p><p><blockquote>SA 撰稿人对该股发表了一些看跌评论和评级，他写道：“该公司似乎被高估了，公司未来面临着一些挑战。”</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>DaVita authorizes additional $2B share repurchase<blockquote>DaVita 授权额外回购 $2B 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\">\nDaVita authorizes additional $2B share repurchase<blockquote>DaVita 授权额外回购 $2B 股票</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Seeking Alpha</strong><span class=\"h-time small\">2021-12-18 14:34</span>\n</p>\n</h4>\n</header>\n<article>\n<p><a href=\"https://laohu8.com/S/DVA\">DaVita </a> Board of Directors increased the authorization under the existing share repurchase program by $2B in additional repurchasing authority.</p><p><blockquote><a href=\"https://laohu8.com/S/DVA\">达维塔</a>董事会将现有股票回购计划下的授权增加了20亿美元的额外回购授权。</blockquote></p><p> The amount of shares authorized to be repurchased under the new authorization does not include the amount remaining under the company’s existing share repurchase program authorized on December 10, 2020 .</p><p><blockquote>根据新授权授权回购的股份数量不包括2020年12月10日授权的公司现有股份回购计划下的剩余数量。</blockquote></p><p> Some bearish commentary and rating on the stock by SA contributor who writes: 'The company appears to be overvalued, and there are several challenges facing the company in the future.'</p><p><blockquote>SA 撰稿人对该股发表了一些看跌评论和评级，他写道：“该公司似乎被高估了，公司未来面临着一些挑战。”</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://seekingalpha.com/news/3781473-davita-authorizes-additional-2b-share-repurchase\">Seeking Alpha</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"DVA":"达维塔保健"},"source_url":"https://seekingalpha.com/news/3781473-davita-authorizes-additional-2b-share-repurchase","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1189235922","content_text":"DaVita Board of Directors increased the authorization under the existing share repurchase program by $2B in additional repurchasing authority.\nThe amount of shares authorized to be repurchased under the new authorization does not include the amount remaining under the company’s existing share repurchase program authorized on December 10, 2020 .\nSome bearish commentary and rating on the stock by SA contributor who writes: 'The company appears to be overvalued, and there are several challenges facing the company in the future.'","news_type":1,"symbols_score_info":{"DVA":0.9}},"isVote":1,"tweetType":1,"viewCount":681,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0}],"lives":[]}
