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2021-06-18

//@月亮湾湾照狮城: [Money Fans] [Money Fans]

Investors and the Fed aren't freaking out about inflation. Should they?<blockquote>投资者和美联储并没有对通胀感到恐慌。他们应该吗？</blockquote>

2021-06-14

[微笑] [微笑]

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2021-06-13

[得意] [得意]

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2021-06-12

[难过] [难过]

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2021-05-29

快点追

理想慢了，不得不“堆料”

2021-05-29

Utdhampsh 好!

2021-05-29

$UtdHampshReitUSD(ODBU.SI)$潜力股

2021-05-28

用户有水分吗？

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2021-05-28

事事难料

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2021-05-28

过山车。。。

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2021-05-27

请点赞并回复，谢谢了!

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2021-05-27

好公司吗？

联想集团2021财年收入增长20%，为9年来最高

2021-05-26

我是米粉 [财迷]

小米：第一季度营收768.8亿元，净利润77.9亿元

2021-05-26

我是米粉 haha...

小米Q1财报背后：它正在变得更挣钱，也更烧钱

2021-05-25

Too much QE

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2021-05-25

vaccine ftw

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2021-05-25

nice

Dow rises more than 100 points to start the week, tech shares and reopening trades gain<blockquote>道指本周初上涨逾100点，科技股和重新开放交易上涨</blockquote>

2021-05-25

wow

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2021-05-24

Great

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去老虎APP查看更多动态

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Should they?<blockquote>投资者和美联储并没有对通胀感到恐慌。他们应该吗？</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1145996523","media":"cnn","summary":"New York (CNN Business)There is a gigantic disconnect between Main Street and Wall Street when it co","content":"<p>New York (CNN Business)There is a gigantic disconnect between Main Street and Wall Street when it comes to inflation. Something's got to give.</p><p><blockquote>纽约（CNN Business）在通货膨胀方面，大街和华尔街之间存在巨大的脱节。总得有所让步。</blockquote></p><p> The US government reported last week that consumer prices, excluding food and energy, rose at their fastest clip since 1992 in May. Sherwin-Williams (SHW) is lifting the price of paint, one of many companies that's responding to higher commodities costs.</p><p><blockquote>美国政府上周报告称，5月份不包括食品和能源的消费者价格涨幅为1992年以来最快。宣伟(SHW)正在提高油漆价格，这是众多应对大宗商品成本上涨的公司之一。</blockquote></p><p> Food prices are also surging. Chipotle (CMG) just raised prices. So did Campbell Soup (CPB).</p><p><blockquote>食品价格也在飙升。Chipotle(CMG)刚刚提高了价格。金宝汤（CPB）也是如此。</blockquote></p><p> And the chief financial officer of restaurant and arcade chain Dave &amp; Buster's (PLAY) said during a recent earnings call with analysts that he expects a 6% to 8% increase in food costs for 2021 due to higher chicken, beef and dairy prices.</p><p><blockquote>餐厅和街机连锁店Dave&amp;Buster's(PLAY)的首席财务官在最近与分析师举行的财报看涨期权上表示，由于鸡肉、牛肉和乳制品价格上涨，他预计2021年食品成本将上涨6%至8%。</blockquote></p><p> Wages are rising too, especially for workers in the retail, leisure and hospitality sectors that are returning to jobs as the economy reopens. That adds to inflationary pressures, because some companies will choose to hike prices in order to maintain profits.</p><p><blockquote>工资也在上涨，尤其是随着经济重新开放而重返工作岗位的零售、休闲和酒店行业的工人。这增加了通胀压力，因为一些公司会选择提高价格以维持利润。</blockquote></p><p> Labor shortages aren't helping.</p><p><blockquote>劳动力短缺无济于事。</blockquote></p><p> The CEO of online pet retailer Chewy (CHWY) wrote in a letter to shareholders after its latest earnings report that it \"faced labor shortages in our fulfillment centers similar to those being faced by many companies nationwide.\" As a result, Chewy continues \"to invest in higher wages and benefits\" in order to fill job vacancies.</p><p><blockquote>在线宠物零售商Chewy(CHWY)的首席执行官在最新财报发布后致股东的一封信中写道，该公司“面临着与全国许多公司类似的劳动力短缺问题”。因此，Chewy继续“投资于更高的工资和福利”，以填补职位空缺。</blockquote></p><p> Yet investors — and the Federal Reserve — are shrugging off rising inflation as \"transitory.\" Long-term bond yields are falling, which isn't what normally happens when inflation runs hot. If bond investors believed that price hikes are here to stay, they'd be demanding higher yields.</p><p><blockquote>然而，投资者和美联储对通胀上升不屑一顾，认为这是“暂时的”。长期债券收益率正在下降，这通常不会在通胀加剧时发生。如果债券投资者认为价格上涨将持续下去，他们就会要求更高的收益率。</blockquote></p><p> And the market is pricing in just a 3% chance of a rate hike from the Fed by the end of the year. That's down from a 10% likelihood of higher rates just a month ago. Investors know a rate hike is the central bank's best tool to fight rising inflation, and they'll want to hear more on the subject when Fed chair Jerome Powell speaks at a press conference on Wednesday.</p><p><blockquote>市场预计美联储年底加息的可能性仅为3%。这低于一个月前10%的加息可能性。投资者知道加息是央行对抗通胀上升的最佳工具，当美联储主席杰罗姆·鲍威尔在周三的新闻发布会上发表讲话时，他们希望听到更多有关该主题的信息。</blockquote></p><p> \"The bond market is still not concerned about inflation. It's buying what the Fed is selling,\" said Randy Warren, CEO of Warren Financial.</p><p><blockquote>沃伦金融公司首席执行官兰迪·沃伦表示：“债券市场仍然不担心通胀。它正在购买美联储正在出售的东西。”</blockquote></p><p> The problem is that there is a chance the Fed could wait too long to react to inflation.</p><p><blockquote>问题是，美联储可能会等待太久才对通胀做出反应。</blockquote></p><p> \"Is inflation transitory or something more structural?\" asked Steven Oh, global head of credit and fixed income with PineBridge Investments. \"Will the Fed lose control of it down the road and make a policy error and not have the ability to rein it in?\"</p><p><blockquote>“通货膨胀是暂时的还是更具结构性的？”PineBridge Investments信贷和固定收益全球主管Steven Oh问道。“美联储将来会失去对它的控制，犯政策错误，没有能力控制它吗？”</blockquote></p><p> If the Fed and bond market are wrong about inflation, the central bank may have to wind down its pandemic stimulus much more quickly than it — and investors — would like. That would mean unwinding its big asset purchases and raising rates sooner rather than later.</p><p><blockquote>如果美联储和债券市场对通胀的看法是错误的，那么央行可能不得不以比其和投资者希望的更快的速度结束疫情刺激措施。这将意味着取消大规模资产购买并尽早加息。</blockquote></p><p> Oh doesn't think that will be the case. And many others agree. They argue that investors must keep in mind how rapidly the economy has roared back.</p><p><blockquote>哦，我不认为会是这样。许多其他人也同意。他们认为，投资者必须牢记经济复苏的速度有多快。</blockquote></p><p> For that reason, it should not be that big of a surprise that there are dislocations in the job market and supply chain. It will take time for conditions to revert to what they were like in late 2019 and early 2020 before Covid-19.</p><p><blockquote>因此，就业市场和供应链出现混乱也就不足为奇了。恢复到2019年底和2020年初新冠肺炎之前的水平需要时间。</blockquote></p><p> \"There are a lot of questions about inflation because you see it in everyday life,\" said Bryan Koslow, principal of Clarus Group, a wealth management firm. \"But we may have seen the peak, especially in terms of wage growth.\"</p><p><blockquote>财富管理公司Clarus Group的负责人布莱恩·科斯洛(Bryan Koslow)表示：“关于通货膨胀有很多问题，因为你在日常生活中都会看到它。”“但我们可能已经看到了峰值，尤其是在工资增长方面。”</blockquote></p><p> Even if that does turn out to be true, the mere fact that investors and consumers are so focused on prices is noteworthy. Inflation has essentially been a non-issue for more than a decade.</p><p><blockquote>即使事实证明这是真的，投资者和消费者如此关注价格这一事实也值得注意。十多年来，通货膨胀基本上不是问题。</blockquote></p><p> \"The Fed has to take the inflation concerns seriously,\" said Troy Gayeski, co-chief investment officer and senior portfolio manager at SkyBridge Capital. He added that he thinks there is a 20% chance that inflation pressures turn out to be more persistent as opposed to transitory.</p><p><blockquote>SkyBridge Capital联席首席投资官兼高级投资组合经理Troy Gayeski表示：“美联储必须认真对待通胀担忧。”他补充说，他认为通胀压力有20%的可能性变得更加持久，而不是暂时的。</blockquote></p><p> \"The risk of meaningful inflation has been non-existent since 2008. Until now,\" Gayeski said.</p><p><blockquote>“自2008年以来，有意义的通胀风险一直不存在。直到现在，”Gayeski说。</blockquote></p><p> <b>What's getting more expensive</b></p><p><blockquote><b>什么越来越贵</b></blockquote></p><p> Food and paint aren't the only things getting more expensive. As CNN Business' Moira Ritter points out, the prices of just about everything have gone up lately.</p><p><blockquote>食物和油漆并不是唯一变得更贵的东西。正如CNN商业频道的莫伊拉·里特(Moira Ritter)指出的那样，最近几乎所有东西的价格都在上涨。</blockquote></p><p> Lumber prices have soared. And the housing market continues to boom. That's led to a big spike in the prices of couches and other household furnishings.</p><p><blockquote>木材价格飙升。房地产市场继续繁荣。这导致沙发和其他家居用品的价格大幅上涨。</blockquote></p><p> Used cars are a lot more expensive too. Chalk that up to people returning to work and a dearth of new cars on dealership lots due to the chip supply shortage that has hurt production of new vehicles.</p><p><blockquote>二手车也贵得多。这归因于人们重返工作岗位，以及由于芯片供应短缺损害了新车的生产，经销商处新车短缺。</blockquote></p><p> People are traveling more as well. Airfares have shot up in anticipation of what some are dubbing the red hot vaccine summer.</p><p><blockquote>人们也越来越多地旅行。由于预期一些人所说的“炙手可热的疫苗之夏”，机票价格飙升。</blockquote></p><p> <b>Up next</b></p><p><blockquote><b>下一个</b></blockquote></p><p> <b>Tuesday: </b>US retail sales; US producer price index; Earnings from Oracle (ORCL) and H &amp; R Block (HRB)</p><p><blockquote><b>星期二：</b>美国零售额；美国生产者价格指数；Oracle(ORCL)和H&amp;R Block(HRB)的收益</blockquote></p><p> <b>Wednesday: </b>Federal Reserve rate decision; US housing starts and building permits; EIA crude oil inventories; Earnings from Lennar (LEN)</p><p><blockquote><b>星期三：</b>美联储利率决定；美国新屋开工和建筑许可；EIA原油库存；Lennar(LEN)的收益</blockquote></p><p></p><p> <b>Thursday: </b>US jobless claims; Earnings from Kroger (KR) and Adobe (ADBE)</p><p><blockquote><b>星期四：</b>美国初请失业金人数；克罗格(KR)和Adobe(ADBE)的收益</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>Investors and the Fed aren't freaking out about inflation. 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Should they?<blockquote>投资者和美联储并没有对通胀感到恐慌。他们应该吗？</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">cnn</strong><span class=\"h-time small\">2021-06-15 17:58</span>\n</p>\n</h4>\n</header>\n<article>\n<p>New York (CNN Business)There is a gigantic disconnect between Main Street and Wall Street when it comes to inflation. Something's got to give.</p><p><blockquote>纽约（CNN Business）在通货膨胀方面，大街和华尔街之间存在巨大的脱节。总得有所让步。</blockquote></p><p> The US government reported last week that consumer prices, excluding food and energy, rose at their fastest clip since 1992 in May. Sherwin-Williams (SHW) is lifting the price of paint, one of many companies that's responding to higher commodities costs.</p><p><blockquote>美国政府上周报告称，5月份不包括食品和能源的消费者价格涨幅为1992年以来最快。宣伟(SHW)正在提高油漆价格，这是众多应对大宗商品成本上涨的公司之一。</blockquote></p><p> Food prices are also surging. Chipotle (CMG) just raised prices. So did Campbell Soup (CPB).</p><p><blockquote>食品价格也在飙升。Chipotle(CMG)刚刚提高了价格。金宝汤（CPB）也是如此。</blockquote></p><p> And the chief financial officer of restaurant and arcade chain Dave &amp; Buster's (PLAY) said during a recent earnings call with analysts that he expects a 6% to 8% increase in food costs for 2021 due to higher chicken, beef and dairy prices.</p><p><blockquote>餐厅和街机连锁店Dave&amp;Buster's(PLAY)的首席财务官在最近与分析师举行的财报看涨期权上表示，由于鸡肉、牛肉和乳制品价格上涨，他预计2021年食品成本将上涨6%至8%。</blockquote></p><p> Wages are rising too, especially for workers in the retail, leisure and hospitality sectors that are returning to jobs as the economy reopens. That adds to inflationary pressures, because some companies will choose to hike prices in order to maintain profits.</p><p><blockquote>工资也在上涨，尤其是随着经济重新开放而重返工作岗位的零售、休闲和酒店行业的工人。这增加了通胀压力，因为一些公司会选择提高价格以维持利润。</blockquote></p><p> Labor shortages aren't helping.</p><p><blockquote>劳动力短缺无济于事。</blockquote></p><p> The CEO of online pet retailer Chewy (CHWY) wrote in a letter to shareholders after its latest earnings report that it \"faced labor shortages in our fulfillment centers similar to those being faced by many companies nationwide.\" As a result, Chewy continues \"to invest in higher wages and benefits\" in order to fill job vacancies.</p><p><blockquote>在线宠物零售商Chewy(CHWY)的首席执行官在最新财报发布后致股东的一封信中写道，该公司“面临着与全国许多公司类似的劳动力短缺问题”。因此，Chewy继续“投资于更高的工资和福利”，以填补职位空缺。</blockquote></p><p> Yet investors — and the Federal Reserve — are shrugging off rising inflation as \"transitory.\" Long-term bond yields are falling, which isn't what normally happens when inflation runs hot. If bond investors believed that price hikes are here to stay, they'd be demanding higher yields.</p><p><blockquote>然而，投资者和美联储对通胀上升不屑一顾，认为这是“暂时的”。长期债券收益率正在下降，这通常不会在通胀加剧时发生。如果债券投资者认为价格上涨将持续下去，他们就会要求更高的收益率。</blockquote></p><p> And the market is pricing in just a 3% chance of a rate hike from the Fed by the end of the year. That's down from a 10% likelihood of higher rates just a month ago. Investors know a rate hike is the central bank's best tool to fight rising inflation, and they'll want to hear more on the subject when Fed chair Jerome Powell speaks at a press conference on Wednesday.</p><p><blockquote>市场预计美联储年底加息的可能性仅为3%。这低于一个月前10%的加息可能性。投资者知道加息是央行对抗通胀上升的最佳工具，当美联储主席杰罗姆·鲍威尔在周三的新闻发布会上发表讲话时，他们希望听到更多有关该主题的信息。</blockquote></p><p> \"The bond market is still not concerned about inflation. It's buying what the Fed is selling,\" said Randy Warren, CEO of Warren Financial.</p><p><blockquote>沃伦金融公司首席执行官兰迪·沃伦表示：“债券市场仍然不担心通胀。它正在购买美联储正在出售的东西。”</blockquote></p><p> The problem is that there is a chance the Fed could wait too long to react to inflation.</p><p><blockquote>问题是，美联储可能会等待太久才对通胀做出反应。</blockquote></p><p> \"Is inflation transitory or something more structural?\" asked Steven Oh, global head of credit and fixed income with PineBridge Investments. \"Will the Fed lose control of it down the road and make a policy error and not have the ability to rein it in?\"</p><p><blockquote>“通货膨胀是暂时的还是更具结构性的？”PineBridge Investments信贷和固定收益全球主管Steven Oh问道。“美联储将来会失去对它的控制，犯政策错误，没有能力控制它吗？”</blockquote></p><p> If the Fed and bond market are wrong about inflation, the central bank may have to wind down its pandemic stimulus much more quickly than it — and investors — would like. That would mean unwinding its big asset purchases and raising rates sooner rather than later.</p><p><blockquote>如果美联储和债券市场对通胀的看法是错误的，那么央行可能不得不以比其和投资者希望的更快的速度结束疫情刺激措施。这将意味着取消大规模资产购买并尽早加息。</blockquote></p><p> Oh doesn't think that will be the case. And many others agree. They argue that investors must keep in mind how rapidly the economy has roared back.</p><p><blockquote>哦，我不认为会是这样。许多其他人也同意。他们认为，投资者必须牢记经济复苏的速度有多快。</blockquote></p><p> For that reason, it should not be that big of a surprise that there are dislocations in the job market and supply chain. It will take time for conditions to revert to what they were like in late 2019 and early 2020 before Covid-19.</p><p><blockquote>因此，就业市场和供应链出现混乱也就不足为奇了。恢复到2019年底和2020年初新冠肺炎之前的水平需要时间。</blockquote></p><p> \"There are a lot of questions about inflation because you see it in everyday life,\" said Bryan Koslow, principal of Clarus Group, a wealth management firm. \"But we may have seen the peak, especially in terms of wage growth.\"</p><p><blockquote>财富管理公司Clarus Group的负责人布莱恩·科斯洛(Bryan Koslow)表示：“关于通货膨胀有很多问题，因为你在日常生活中都会看到它。”“但我们可能已经看到了峰值，尤其是在工资增长方面。”</blockquote></p><p> Even if that does turn out to be true, the mere fact that investors and consumers are so focused on prices is noteworthy. Inflation has essentially been a non-issue for more than a decade.</p><p><blockquote>即使事实证明这是真的，投资者和消费者如此关注价格这一事实也值得注意。十多年来，通货膨胀基本上不是问题。</blockquote></p><p> \"The Fed has to take the inflation concerns seriously,\" said Troy Gayeski, co-chief investment officer and senior portfolio manager at SkyBridge Capital. He added that he thinks there is a 20% chance that inflation pressures turn out to be more persistent as opposed to transitory.</p><p><blockquote>SkyBridge Capital联席首席投资官兼高级投资组合经理Troy Gayeski表示：“美联储必须认真对待通胀担忧。”他补充说，他认为通胀压力有20%的可能性变得更加持久，而不是暂时的。</blockquote></p><p> \"The risk of meaningful inflation has been non-existent since 2008. Until now,\" Gayeski said.</p><p><blockquote>“自2008年以来，有意义的通胀风险一直不存在。直到现在，”Gayeski说。</blockquote></p><p> <b>What's getting more expensive</b></p><p><blockquote><b>什么越来越贵</b></blockquote></p><p> Food and paint aren't the only things getting more expensive. As CNN Business' Moira Ritter points out, the prices of just about everything have gone up lately.</p><p><blockquote>食物和油漆并不是唯一变得更贵的东西。正如CNN商业频道的莫伊拉·里特(Moira Ritter)指出的那样，最近几乎所有东西的价格都在上涨。</blockquote></p><p> Lumber prices have soared. And the housing market continues to boom. That's led to a big spike in the prices of couches and other household furnishings.</p><p><blockquote>木材价格飙升。房地产市场继续繁荣。这导致沙发和其他家居用品的价格大幅上涨。</blockquote></p><p> Used cars are a lot more expensive too. Chalk that up to people returning to work and a dearth of new cars on dealership lots due to the chip supply shortage that has hurt production of new vehicles.</p><p><blockquote>二手车也贵得多。这归因于人们重返工作岗位，以及由于芯片供应短缺损害了新车的生产，经销商处新车短缺。</blockquote></p><p> People are traveling more as well. Airfares have shot up in anticipation of what some are dubbing the red hot vaccine summer.</p><p><blockquote>人们也越来越多地旅行。由于预期一些人所说的“炙手可热的疫苗之夏”，机票价格飙升。</blockquote></p><p> <b>Up next</b></p><p><blockquote><b>下一个</b></blockquote></p><p> <b>Tuesday: </b>US retail sales; US producer price index; Earnings from Oracle (ORCL) and H &amp; R Block (HRB)</p><p><blockquote><b>星期二：</b>美国零售额；美国生产者价格指数；Oracle(ORCL)和H&amp;R Block(HRB)的收益</blockquote></p><p> <b>Wednesday: </b>Federal Reserve rate decision; US housing starts and building permits; EIA crude oil inventories; Earnings from Lennar (LEN)</p><p><blockquote><b>星期三：</b>美联储利率决定；美国新屋开工和建筑许可；EIA原油库存；Lennar(LEN)的收益</blockquote></p><p></p><p> <b>Thursday: </b>US jobless claims; Earnings from Kroger (KR) and Adobe (ADBE)</p><p><blockquote><b>星期四：</b>美国初请失业金人数；克罗格(KR)和Adobe(ADBE)的收益</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://edition.cnn.com/2021/06/13/investing/stocks-week-ahead/index.html\">cnn</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":{".IXIC":"NASDAQ Composite",".DJI":"道琼斯","SPY":"标普500ETF",".SPX":"S&P 500 Index"},"source_url":"https://edition.cnn.com/2021/06/13/investing/stocks-week-ahead/index.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1145996523","content_text":"New York (CNN Business)There is a gigantic disconnect between Main Street and Wall Street when it comes to inflation. Something's got to give.\nThe US government reported last week that consumer prices, excluding food and energy, rose at their fastest clip since 1992 in May. Sherwin-Williams (SHW) is lifting the price of paint, one of many companies that's responding to higher commodities costs.\nFood prices are also surging. Chipotle (CMG) just raised prices. So did Campbell Soup (CPB).\nAnd the chief financial officer of restaurant and arcade chain Dave & Buster's (PLAY) said during a recent earnings call with analysts that he expects a 6% to 8% increase in food costs for 2021 due to higher chicken, beef and dairy prices.\nWages are rising too, especially for workers in the retail, leisure and hospitality sectors that are returning to jobs as the economy reopens. That adds to inflationary pressures, because some companies will choose to hike prices in order to maintain profits.\nLabor shortages aren't helping.\nThe CEO of online pet retailer Chewy (CHWY) wrote in a letter to shareholders after its latest earnings report that it \"faced labor shortages in our fulfillment centers similar to those being faced by many companies nationwide.\" As a result, Chewy continues \"to invest in higher wages and benefits\" in order to fill job vacancies.\nYet investors — and the Federal Reserve — are shrugging off rising inflation as \"transitory.\" Long-term bond yields are falling, which isn't what normally happens when inflation runs hot. If bond investors believed that price hikes are here to stay, they'd be demanding higher yields.\nAnd the market is pricing in just a 3% chance of a rate hike from the Fed by the end of the year. That's down from a 10% likelihood of higher rates just a month ago. Investors know a rate hike is the central bank's best tool to fight rising inflation, and they'll want to hear more on the subject when Fed chair Jerome Powell speaks at a press conference on Wednesday.\n\"The bond market is still not concerned about inflation. It's buying what the Fed is selling,\" said Randy Warren, CEO of Warren Financial.\nThe problem is that there is a chance the Fed could wait too long to react to inflation.\n\"Is inflation transitory or something more structural?\" asked Steven Oh, global head of credit and fixed income with PineBridge Investments. \"Will the Fed lose control of it down the road and make a policy error and not have the ability to rein it in?\"\nIf the Fed and bond market are wrong about inflation, the central bank may have to wind down its pandemic stimulus much more quickly than it — and investors — would like. That would mean unwinding its big asset purchases and raising rates sooner rather than later.\nOh doesn't think that will be the case. And many others agree. They argue that investors must keep in mind how rapidly the economy has roared back.\nFor that reason, it should not be that big of a surprise that there are dislocations in the job market and supply chain. It will take time for conditions to revert to what they were like in late 2019 and early 2020 before Covid-19.\n\"There are a lot of questions about inflation because you see it in everyday life,\" said Bryan Koslow, principal of Clarus Group, a wealth management firm. \"But we may have seen the peak, especially in terms of wage growth.\"\nEven if that does turn out to be true, the mere fact that investors and consumers are so focused on prices is noteworthy. Inflation has essentially been a non-issue for more than a decade.\n\"The Fed has to take the inflation concerns seriously,\" said Troy Gayeski, co-chief investment officer and senior portfolio manager at SkyBridge Capital. He added that he thinks there is a 20% chance that inflation pressures turn out to be more persistent as opposed to transitory.\n\"The risk of meaningful inflation has been non-existent since 2008. Until now,\" Gayeski said.\nWhat's getting more expensive\nFood and paint aren't the only things getting more expensive. As CNN Business' Moira Ritter points out, the prices of just about everything have gone up lately.\nLumber prices have soared. And the housing market continues to boom. That's led to a big spike in the prices of couches and other household furnishings.\nUsed cars are a lot more expensive too. Chalk that up to people returning to work and a dearth of new cars on dealership lots due to the chip supply shortage that has hurt production of new vehicles.\nPeople are traveling more as well. Airfares have shot up in anticipation of what some are dubbing the red hot vaccine summer.\nUp next\nTuesday: US retail sales; US producer price index; Earnings from Oracle (ORCL) and H & R Block (HRB)\nWednesday: Federal Reserve rate decision; US housing starts and building permits; EIA crude oil inventories; Earnings from Lennar (LEN)\nThursday: US jobless claims; Earnings from Kroger (KR) and Adobe (ADBE)","news_type":1,"symbols_score_info":{".IXIC":0.9,".SPX":0.9,".DJI":0.9,"SPY":0.9}},"isVote":1,"tweetType":1,"viewCount":2918,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":185988390,"gmtCreate":1623630569010,"gmtModify":1631893533047,"author":{"id":"3584839794199440","authorId":"3584839794199440","name":"121711b8","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3584839794199440","authorIdStr":"3584839794199440"},"themes":[],"title":"","htmlText":"[微笑]&nbsp;[微笑]&nbsp;","listText":"[微笑]&nbsp;[微笑]&nbsp;","text":"[微笑] [微笑]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/185988390","repostId":"2143785622","repostType":4,"isVote":1,"tweetType":1,"viewCount":4583,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":186762213,"gmtCreate":1623543080832,"gmtModify":1631893533050,"author":{"id":"3584839794199440","authorId":"3584839794199440","name":"121711b8","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3584839794199440","authorIdStr":"3584839794199440"},"themes":[],"title":"","htmlText":"[得意]&nbsp;[得意]&nbsp;","listText":"[得意]&nbsp;[得意]&nbsp;","text":"[得意] [得意]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/186762213","repostId":"2143788707","repostType":4,"isVote":1,"tweetType":1,"viewCount":3492,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":188476226,"gmtCreate":1623460612065,"gmtModify":1631893533054,"author":{"id":"3584839794199440","authorId":"3584839794199440","name":"121711b8","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3584839794199440","authorIdStr":"3584839794199440"},"themes":[],"title":"","htmlText":"[难过]&nbsp;[难过]&nbsp;","listText":"[难过]&nbsp;[难过]&nbsp;","text":"[难过] [难过]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/188476226","repostId":"2142858202","repostType":4,"isVote":1,"tweetType":1,"viewCount":3456,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":134218503,"gmtCreate":1622241644702,"gmtModify":1631893533055,"author":{"id":"3584839794199440","authorId":"3584839794199440","name":"121711b8","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3584839794199440","authorIdStr":"3584839794199440"},"themes":[],"title":"","htmlText":"快点追","listText":"快点追","text":"快点追","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/134218503","repostId":"1179839264","repostType":4,"repost":{"id":"1179839264","kind":"news","pubTimestamp":1622215741,"share":"https://www.laohu8.com/m/news/1179839264?lang=zh_CN&edition=full","pubTime":"2021-05-28 23:29","market":"us","language":"zh","title":"理想慢了，不得不“堆料”","url":"https://stock-news.laohu8.com/highlight/detail?id=1179839264","media":"连线出行","summary":"一场发布会、一份成绩单，让理想汽车成为了五月末汽车圈中的焦点。时隔三年多，理想汽车CEO李想再次站到了演讲台中央。本周三晚，在北京研发总部举行2021理想汽车春季发布会，李想发布了2021款理想ONE","content":"<p>一场发布会、一份成绩单，让理想汽车成为了五月末汽车圈中的焦点。</p><p>时隔三年多，理想汽车CEO李想再次站到了演讲台中央。本周三晚，在北京研发总部举行2021理想汽车春季发布会，李想发布了2021款理想ONE，这也是对2019年发售的理想ONE的一次重要升级改款。<img src=\"https://static.tigerbbs.com/07c11b172ab82e165ba6f156f284420e\" tg-width=\"1080\" tg-height=\"810\" referrerpolicy=\"no-referrer\">理想汽车CEO李想发布新款理想ONE</p><p>相比于老款，2021款理想ONE在增程式结构、车辆内饰和外观等硬件部分及自动辅助驾驶软硬件等方面都做了相应的调整和升级。</p><p>该车型发布之后，得到了一些赞许，也出现了一些质疑声。有些人觉得理想的新款更有竞争力，有些人却觉得理想正在失去特色，变得平庸。</p><p>理想汽车，在成立之初就选择了一条特立独行的道路——在众多车企选择纯电动路线之时，另辟蹊径选择了增程式路线，并表示会进一步优化该系统，使理想ONE成为一辆“让消费者满意的智能电动车”。</p><p>而此次升级，理想对于增程式系统只做了较小的改动，而在自动辅助驾驶方面堆起了料，不仅添加了800万像素的摄像头和多颗毫米波雷达，同时还推出了NOA和理想OS等软件系统。</p><p>即使如此，升级后的理想ONE，在自动驾驶水平上，和竞争对手相比，并不具备太大的优势。</p><p>这次升级也引起了部分车主的不满，一部分新车主表示，刚刚买了旧款没多久，现在2021款就发布了，配置升级不少，价格只比旧款贵了1万。</p><p>不过，对于理想来说，却不得不这么做，面对激烈的竞争，它的压力不小，需要靠一次升级来吸引消费者。</p><p>就在发布会的次日，理想发布了2021年第一季度财务数据，数据显示今年一季度理想实现营收为38.5亿元，同比增长了319.8%，但环比却下降了14.6%；而在净利润方面，理想在去年四季度实现小幅盈利后，在今年一季度再次回归亏损之中为3.6亿元。<img src=\"https://static.tigerbbs.com/1f953ef07e3c16565033e233e5d6fd01\" tg-width=\"903\" tg-height=\"676\" referrerpolicy=\"no-referrer\">理想汽车2021年一季度业绩情况，截图自财报</p><p>甚至就连理想引以为傲的毛利率方面，也仅增长了0.2%，从之前位于“造车三兄弟”中首位跌落至第二的位置。此外，在现金等价物方面，也从三兄弟的首位落到末尾。</p><p>以产品经理出身的李想而言，自然明白这一发展逻辑。但对于已被裹挟进行业发展激流中、在车型数量和技术上慢了几步的理想汽车来说，堆料可能是最便捷的吸引消费者的做法。</p><p>那么，堆料会让理想失去特色，还是更有竞争力？</p><p>新款理想ONE能“打”吗？</p><p>“如何打造一辆让家庭更幸福的智能电动车？”</p><p>通过拿出车主评价和好看的销量成绩单等一系列铺垫后，李想或许感受到发布会的气氛也被调整到最佳状态，于是用这句话让发布会平滑地过渡到了正式的发布环节。</p><p>熟悉理想的人，会记得在三年前理想ONE首次亮相的发布会上，李想用了相似的一句话作为开场的引语，并表示要用增程式为广大消费者做一款没有里程焦虑、适合家庭的电动车，来实现自己做电动汽车的理想。<img src=\"https://static.tigerbbs.com/b9f5e3a055121dd0ad37c25a5112717e\" tg-width=\"1080\" tg-height=\"720\" referrerpolicy=\"no-referrer\">2018年理想发布会，图源理想汽车官微</p><p>彼时，由于选择了不同于纯电动路线的增程式作为动力模式，理想成为了行业内的“异类”。虽然这样，但在理想表现出以消费者为中心的产品设计后，还是有一些消费者成为了这家车企的拥趸。</p><p>“相比于其他车企的发布会，当时理想的发布会就感觉是在和消费者沟通一样，而不是简单的发布产品，基于这点就认为理想的发布会是具有特点的。”理想ONE车主方辉这样对连线出行表示。</p><p>三年后，李想虽然还说着同样的一些话，但时过境迁，在本次发布会上理想也开始学着竞品们开始堆料了。</p><p>在方辉看来，理想这次的发布会和其他车企的并没有太大差别。</p><p>自动辅助驾驶的软硬件升级，成为了本次发布会的重点，李想花了几乎半场发布会的时间来介绍。</p><p>首先是自动驾驶芯片方面，新款理想ONe搭载的并不是一直使用的Mobileye Q4芯片，而是换成了来自地平线的征程3（ Journey 3 ）芯片，单从算力来看，新款理想ONE的总算力为10TOPS，相较于旧款的算力翻了一倍。</p><p>但如果将其算力放在行业层面来对比，略显不足一些。</p><p>放眼整个行业，特斯拉率先实现了自研芯片，其FSD HW3.0芯片的算力达到了144TOPS，蔚来和小鹏虽然依然使用英伟达旗下的芯片，但ET7和P7的总算力也达到了1016TOPS和30TOPS。<img src=\"https://static.tigerbbs.com/7171e2c54dbbd457657e24a3f99264c6\" tg-width=\"1061\" tg-height=\"246\" referrerpolicy=\"no-referrer\">特斯拉、蔚来、小鹏和理想旗下车型芯片情况，数据来源于公开资料，连线出行制图</p><p>“芯片代表着车辆的计算能力以及处理问题能力的高低，车企注重芯片已经成为一个行业共识。”工信汽研智库专家赵强对未来汽车日报表示。</p><p>对于自动驾驶这场军备竞赛而言，除了芯片之外，所配套的硬件也至关重要。为了抢占领先位置，小鹏在P5新车型上率先采用了激光雷达方案，整车传感器数量达到32个，蔚来更是将其超越，在ET7配备了33个高性能感知硬件。</p><p>在此竞争格局下，理想也开启了堆料模式。</p><p>根据官方介绍，新款理想ONE采用了全球首个量产交付的800万像素视觉识别摄像头，识别精度可以达到4K级别。而在毫米波雷达方面，也由此前的1个提升到5个。</p><p>总体算下来，2021款理想ONE全身的传感器数量达到了22个，与蔚来和小鹏均有一定差距。</p><p>此外，在软件方面，针对于特斯拉、蔚来和小鹏都应用的NOA（navigation on autopilot）功能，理想也在此次发布会上推出了自家的软件系统。</p><p>值得注意的是，理想的NOA功能也搭配了高德地图提供的高精地图，使其功能覆盖包括通过匝道、隧道、自动变道、超车等场景。只不过，这一功能需要等到今年9月才能通过OTA升级实现标配。<img src=\"https://static.tigerbbs.com/f093ae5e37ed31f3ff66e7fe8836395a\" tg-width=\"1080\" tg-height=\"607\" referrerpolicy=\"no-referrer\">理想NOA，图源理想汽车官微</p><p>相较于堆料的自动辅助驾驶功能软硬件升级，理想对于其他硬件方面可谓只做了小规模、且不如人意的调整。</p><p>对于2021款理想ONE，在动力系统方面保留了来自国产东安动力的1.2T三缸发动机，只将电机更换为一台三合一电机。由于电机尺寸更小，为车辆的油箱节约出了一部分的空间，使得油箱的容积从之前的45升扩大到55升。</p><p>除了容积之外，对于油耗方面，李想也表示做出了效率的优化，以至在燃油模式下，NEDC工况的热机油耗从老款的8.3L/100km降到6.05L/100km。</p><p>由于增程式的特性，这一升级也让续航里程得到了大幅度的提升。</p><p>据李想介绍，车辆在NEDC工况下的续航里程从之前的800公里增加到1080公里，更为苛刻的WLTC工况续航里程也从老款的620公里增加到了890公里。对此升级，李想自信的表示：“新款理想ONE，在四驱的中大型SUV里绝对是顶尖的。”</p><p>虽然李想对其满意，但老车主们却并不买账。据连线出行了解，理想老款的1.2T三缸发动机一直都是老车主吐槽的重点——当车辆时速达到120km/h以上，三缸发动机的“嘶吼声”与胎噪、风噪一起，会对车舱内静谧性造成了较大的影响。</p><p>以至于有很多理想车主会向理想官方反映这一情况，希望能改善这一问题。但就目前而言，理想并没有在改款车型中针对这一问题做出改善。</p><p>除此之外，理想还对方向盘、座椅及车内空间做了些许调整。</p><p>新款的方向盘上的按键从原来的小米遥控器，调整为与奔驰一样规格的镀铬和拨动的设计，从观感和手感上，都比老款更为精致一些。</p><p>座椅方面，新款理想ONE在第一、二排座椅上都添加了座椅按摩和电动腰托的设计，并将座椅内的填充物进行了加厚，一定程度上提升了乘坐体验。此外，2021款理想ONE将只有6座版，取消7座版。</p><p>这场发布会结束前夕，在场观众惊喜的发现，在一番堆料后2021款理想ONE最终售价仅比老款涨价一万元，以至于让场内一度陷入欢呼之中。<img src=\"https://static.tigerbbs.com/3307a23dca59856293fdb7390c438f3b\" tg-width=\"1080\" tg-height=\"810\" referrerpolicy=\"no-referrer\">2021款理想ONE售价</p><p>不过，刚刚发布新款的理想，挑战和压力也很大。</p><p>新成绩单，成色几何？</p><p>曾几何时，理想的业绩数据还站在神坛之上。</p><p>根据理想公开数据显示，就在理想ONE正式发售后的第一个季度，也就是2020年一季度，理想在“造车三兄弟”中率先实现了毛利率转正为8.02%，彼时蔚来和小鹏同期的毛利率依旧为负值，分别为-12.21%和-4.82%。</p><p>紧接着，到了去年第四季度，理想再次比蔚来和小鹏率先实现了小幅度的盈利。据理想财报数据显示，2020年Q4净利润转正为1.08亿元，而在毛利率方面继续保持着三家的首位为17.47%。<img src=\"https://static.tigerbbs.com/423b24315b5a321077fbef96d1030b23\" tg-width=\"1080\" tg-height=\"580\" referrerpolicy=\"no-referrer\">理想汽车、蔚来和小鹏汽车2020年Q4净利润和毛利率情况，数据来源于Wind，连线出行制图</p><p>相比之下，蔚来和小鹏在2020年Q4净亏损为14.92亿元和7.87亿元。正因这样的差距，理想在今年2月底发布财务数据后，股价一度大涨超11%，该车企也成了彼时业内为之关注的焦点。</p><p>然而随着今年第一季度财报的发布，理想的业绩开始走下神坛。</p><p>据理想财报数据显示，2021年第一季度营收为35.8亿元，相较于2020年同期增长了319.8%；而在净亏损方面，今年一季度达到了3.6亿元，同比却扩大了366.9%。</p><p>如果用环比数据来看，理想在营收和净利润方面均呈现下滑趋势。数据显示，营收方面环比去年四季度下降了13.79%，净利润方面更是环比下降了434.71%。这也是理想继去年四季度小幅盈利后，再次转入亏损之中。</p><p>相比于理想在营收和净利润方面的双双下滑，蔚来和小鹏表现得更为优秀一些。</p><p>据Wind数据显示，蔚来今年一季度营收为66.41亿元，环比增长20.2%；小鹏对应营收为29.51亿元，环比增长3.49%。在净利润方面，蔚来与小鹏虽然依然都处于亏损之中，但环比小鹏收窄了0.11%，蔚来更是收窄了68.2%。</p><p>理想营收和净利润双双下滑的原因，与销量的下滑有很大关系。尽管今年一季度交付了12579万辆理想ONE，但环比去年四季度却减少了13%；反观蔚来和小鹏，一季度交付量为20060辆和13340辆，分别环比增长了15.6%和2.9%。</p><p>对比“三兄弟”的财报数据，理想一直引以为傲的毛利率方面也在失去优势。</p><p>2021年第一季度，理想、蔚来和小鹏三家的毛利率依次为17.25%、19.48%和11.18%，可见理想毛利率已从去年四季度的三家之首下降至第二位。不仅如此，理想也是三家之中毛利率出现下滑的车企。<img src=\"https://static.tigerbbs.com/3e98a0d2d86ae980f166885ae3675ad2\" tg-width=\"1080\" tg-height=\"640\" referrerpolicy=\"no-referrer\">蔚来、小鹏汽车和理想汽车2020Q4与2021Q1毛利率情况，数据来源于财报，连线出行制图</p><p>蔚来和小鹏一季度毛利率，相较于去年第四季度分别环比增长了69%和51.5%，而理想一季度毛利率却环比下降了1.3%。</p><p>对于毛利率的下滑，理想官方在财报中解释为是由于今年一季度开展的促销活动导致平均售价下降所致。但在业内看来，这也与理想推出新版理想ONE有一定关系，毕竟要赶上6月发售的计划，一季度对该车型的生产已经开始，而对其堆料在一定程度上推高了整体成本。</p><p>成本变高，还因为研发费用增加了。</p><p>据财报数据显示，2021年一季度理想研发费用为5.145亿元，环比去年第四季度的3.742亿元增长了37.5%。相比之下，蔚来一季度研发费用为6.87亿元，环比降低了17.1%；小鹏一季度相同费用为5.35亿元，同比增长了16.3%。</p><p>对此，理想方面的解释是由于公司在新款车型和人员等两方面的投入都进行了增加，这其中主要是对于自动驾驶业务进行补充。据李想在发布会上介绍，去年9月公司自动驾驶团队只有60人，而如今该团队已扩张到300人，到年底还要增加到600人。</p><p>同样大幅增长的还有销售、一般及管理费用（以下简称“三费”）。据财报数据显示，理想今年一季度该项目费用为5.099亿元，环比去年四季度增长了18.8%。相比之下，蔚来和小鹏在该费用上却分别环比下降了0.8%和21%。<img src=\"https://static.tigerbbs.com/377dee369764c199a28fdb65951fd190\" tg-width=\"1080\" tg-height=\"566\" referrerpolicy=\"no-referrer\">蔚来、小鹏汽车和理想汽车2020Q4与2021Q1研发费用及销售、一般及管理费用情况，数据来源于财报，连线出行制图</p><p>这两方面的花费，与之前相比可谓是有了相当大的增长，而这增长在业内看来，是理想在自动驾驶领域和销售渠道上开始补足短板。</p><p>现在来看，理想已不再“抠门”，也不是“三兄弟”中最能省钱的一家了。无论在改款车型上堆料，还是在自动驾驶和销售渠道上“补课”，理想都开始为此大把花钱。</p><p>从财报数据可以看到，理想今年一季度的现金等价物余额为303.6亿元，而蔚来和小鹏这一数字为475亿元和362亿元。相比之下，理想却成为了钱最少的一家车企。</p><p>这样的结局，或许理想并不像看到，但它不得不去这样做。</p><p>堆料、补课，不得不做</p><p>三年只推出一款车型，对于目前的新能源汽车行业，意味着什么？</p><p>对于这个问题，多位业内人士向连线出行给出了基本一致的回答——慢了。业内有这样的看法也很正常。</p><p>自2018年10月理想发布首款车型理想ONE以来，三年过去了，虽然目前已推出了改款理想ONE，但也不能掩盖其旗下依然只有一款车型的尴尬。反观“三兄弟”其他两家，蔚来已推出了4款车型，小鹏紧随其后也有3款。<img src=\"https://static.tigerbbs.com/118ddde602dd3f18f550f4cfd9f16313\" tg-width=\"1080\" tg-height=\"810\" referrerpolicy=\"no-referrer\">2021款理想ONE</p><p>这样对比之下，理想在车型研发方面肉眼可见的慢了。除此之外，理想也正在被围攻。</p><p>去年12月之前，如果要提及增程式技术，只有理想一家对此方面有着话语权，但随着新玩家的入局，这样的格局被打破。2020年12月18日，岚图汽车发布了首款车型岚图FREE，据官方介绍该车型将采用纯电动和增程电动两种动力方案。</p><p>到了今年，选择增程式的玩家变得更多。今年2月，吉利汽车公开了一项与“增程式汽车控制方案”相关的专利，这也是其在去年宣布要在今年推出增程式汽车后又一动作。</p><p>而到了今年上海车展，赛利斯也推出了旗下的首款增程式电动汽车，该车型采用的是其与华为共同研发的全新“驼峰智能增程系统”。</p><p>面对吉利、华为等新入局者来势汹汹的围攻，理想汽车联合创始人沈亚楠推测，到2030年，全世界可能只剩下不到10个汽车品牌，中国市场将会有3家车企占据绝大部分份额，他希望理想可以成为第三家。</p><p>为此，理想在车型研发方面开始加速。</p><p>按照理想计划，从2022年开始，每年将发布至少两款新产品，以至于到2024年产品将覆盖15万-50万元的价格区间，届时年销量目标为“大几十万辆”。而为了突围，理想也表示将在2023年推出纯电动车型。</p><p>细看这份时间表，可以发现一个问题——新车型计划最早开始在2022年，这就意味着今年会出现产品“空窗期”。</p><p>理想内部自然也看到了这一问题，为了填上这一漏洞，同时吸引新的消费者，理想推出了改款理想ONE，并且不得不花费成本来为其堆料。</p><p>除了在车型研发方面慢了之外，理想在自动驾驶技术上同样也处于落后，以至于不得不开始在此方面开始“补课”。</p><p>在目前的新能源造车领域，智能化已成为一个衡量车企能力的重要指标。这其中，蔚来在2020年抢发了基于导航和高精地图的自动驾驶辅助功能NOP；而小鹏汽车以全栈自研著称，不仅交付同类功能NGP，同时又推出车内的全场景语音交互能力。<img src=\"https://static.tigerbbs.com/a0599966b009e5b7c1ad1c78e24afca4\" tg-width=\"1000\" tg-height=\"619\" referrerpolicy=\"no-referrer\">相较于蔚来和小鹏的全栈自研，理想囿于资本储备，无论在自动驾驶方面还是智能座舱方面都选择使用供应商的集成方案。在自动辅助驾驶方面，采用了Mobileye的芯片算法集成方案；而在智能座舱的语音交互方面，理想选用了腾讯的产品来实现功能。</p><p>基于这样的区别，理想在车辆智能化方面，在此之前几乎处于“失声”状态。</p><p>变化发生在2021款理想ONE身上，不仅借助硬件升级和高精地图，让车辆实现了NOA和全场景语音交互能力；同时在补充研发团队后，在感知、决策及操作系统LIOS都实现了自研。</p><p>通过一系列堆料和“补课”，理想虽然一定程度上补足了之前缺失的短板，但不可否认的是，理想与蔚来和小鹏在车型数量和智能化水平上依然有着差距。而这样的不足，同样体现在销售渠道和产能上。</p><p>今年2月底，理想汽车发布了公司内部信，内部信中公布了最新的战略——在2025年实现160万辆的销量成绩。而根据理想给出的数据来推算，很难实现这一战略。</p><p>截至去年11月底，理想全国共有45家销售中心，按照所公布的去年9月单店月销量为100辆简单计算，要达到这一目标需要29年之久。以至于理想增加了销售及管理费用，加速补充销售渠道。</p><p>根据沈亚楠在财报会议上表示，年底理想的全国销售中心将扩张至200家。按照目前75家店面来看，意味着剩下半年，理想汽车要以2倍的速度拓展渠道。</p><p>而在产能方面，要达到“160万辆”的目标，目前10万辆/年的产能也是远远不够的，根据财报显示，理想汽车常州工厂新车间预计2022年完工，届时年产能将提升到20万辆。<img src=\"https://static.tigerbbs.com/d74b6f08de9cf7ea571fe46658b296c1\" tg-width=\"1080\" tg-height=\"662\" referrerpolicy=\"no-referrer\">理想汽车常州工厂，图源理想汽车官微</p><p>相比之下，蔚来和小鹏截至目前全国分别有234和178家门店，而到今年底两家门店数量都会达到300家左右。而在产能方面，蔚来目前产能为12万辆/年，并且还在扩建新厂，落产后产能将达到100万辆/年，而小鹏今年底将达到40万辆/年。</p><p>或许是为了补足产能差距，据未来汽车日报报道，理想还试图接手已经停摆两年的北京现代第一工厂。随后，理想方面很快以“未收到消息，不予评论”来回应。</p><p>现在来看，堆料和补课，是理想不得不做的事情。对于目前杀成红海的行业来说，理想还需要更快。</p>","source":"lsy1608175660462","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>理想慢了，不得不“堆料”</title>\n<style 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}\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: 11px; color: #7E829C; margin: 0;line-height: 11px;}\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\">\n理想慢了，不得不“堆料”\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-28 23:29 北京时间&nbsp;&nbsp;&nbsp;<a href=https://mp.weixin.qq.com/s/Rz5rAn-IF5cbChC02QI2Pw><strong>连线出行</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>一场发布会、一份成绩单，让理想汽车成为了五月末汽车圈中的焦点。时隔三年多，理想汽车CEO李想再次站到了演讲台中央。本周三晚，在北京研发总部举行2021理想汽车春季发布会，李想发布了2021款理想ONE，这也是对2019年发售的理想ONE的一次重要升级改款。理想汽车CEO李想发布新款理想ONE相比于老款，2021款理想ONE在增程式结构、车辆内饰和外观等硬件部分及自动辅助驾驶软硬件等方面都做了相应的...</p>\n\n<a href=\"https://mp.weixin.qq.com/s/Rz5rAn-IF5cbChC02QI2Pw\">网页链接</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/118ddde602dd3f18f550f4cfd9f16313","relate_stocks":{"LI":"理想汽车"},"source_url":"https://mp.weixin.qq.com/s/Rz5rAn-IF5cbChC02QI2Pw","is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1179839264","content_text":"一场发布会、一份成绩单，让理想汽车成为了五月末汽车圈中的焦点。时隔三年多，理想汽车CEO李想再次站到了演讲台中央。本周三晚，在北京研发总部举行2021理想汽车春季发布会，李想发布了2021款理想ONE，这也是对2019年发售的理想ONE的一次重要升级改款。理想汽车CEO李想发布新款理想ONE相比于老款，2021款理想ONE在增程式结构、车辆内饰和外观等硬件部分及自动辅助驾驶软硬件等方面都做了相应的调整和升级。该车型发布之后，得到了一些赞许，也出现了一些质疑声。有些人觉得理想的新款更有竞争力，有些人却觉得理想正在失去特色，变得平庸。理想汽车，在成立之初就选择了一条特立独行的道路——在众多车企选择纯电动路线之时，另辟蹊径选择了增程式路线，并表示会进一步优化该系统，使理想ONE成为一辆“让消费者满意的智能电动车”。而此次升级，理想对于增程式系统只做了较小的改动，而在自动辅助驾驶方面堆起了料，不仅添加了800万像素的摄像头和多颗毫米波雷达，同时还推出了NOA和理想OS等软件系统。即使如此，升级后的理想ONE，在自动驾驶水平上，和竞争对手相比，并不具备太大的优势。这次升级也引起了部分车主的不满，一部分新车主表示，刚刚买了旧款没多久，现在2021款就发布了，配置升级不少，价格只比旧款贵了1万。不过，对于理想来说，却不得不这么做，面对激烈的竞争，它的压力不小，需要靠一次升级来吸引消费者。就在发布会的次日，理想发布了2021年第一季度财务数据，数据显示今年一季度理想实现营收为38.5亿元，同比增长了319.8%，但环比却下降了14.6%；而在净利润方面，理想在去年四季度实现小幅盈利后，在今年一季度再次回归亏损之中为3.6亿元。理想汽车2021年一季度业绩情况，截图自财报甚至就连理想引以为傲的毛利率方面，也仅增长了0.2%，从之前位于“造车三兄弟”中首位跌落至第二的位置。此外，在现金等价物方面，也从三兄弟的首位落到末尾。以产品经理出身的李想而言，自然明白这一发展逻辑。但对于已被裹挟进行业发展激流中、在车型数量和技术上慢了几步的理想汽车来说，堆料可能是最便捷的吸引消费者的做法。那么，堆料会让理想失去特色，还是更有竞争力？新款理想ONE能“打”吗？“如何打造一辆让家庭更幸福的智能电动车？”通过拿出车主评价和好看的销量成绩单等一系列铺垫后，李想或许感受到发布会的气氛也被调整到最佳状态，于是用这句话让发布会平滑地过渡到了正式的发布环节。熟悉理想的人，会记得在三年前理想ONE首次亮相的发布会上，李想用了相似的一句话作为开场的引语，并表示要用增程式为广大消费者做一款没有里程焦虑、适合家庭的电动车，来实现自己做电动汽车的理想。2018年理想发布会，图源理想汽车官微彼时，由于选择了不同于纯电动路线的增程式作为动力模式，理想成为了行业内的“异类”。虽然这样，但在理想表现出以消费者为中心的产品设计后，还是有一些消费者成为了这家车企的拥趸。“相比于其他车企的发布会，当时理想的发布会就感觉是在和消费者沟通一样，而不是简单的发布产品，基于这点就认为理想的发布会是具有特点的。”理想ONE车主方辉这样对连线出行表示。三年后，李想虽然还说着同样的一些话，但时过境迁，在本次发布会上理想也开始学着竞品们开始堆料了。在方辉看来，理想这次的发布会和其他车企的并没有太大差别。自动辅助驾驶的软硬件升级，成为了本次发布会的重点，李想花了几乎半场发布会的时间来介绍。首先是自动驾驶芯片方面，新款理想ONe搭载的并不是一直使用的Mobileye Q4芯片，而是换成了来自地平线的征程3（ Journey 3 ）芯片，单从算力来看，新款理想ONE的总算力为10TOPS，相较于旧款的算力翻了一倍。但如果将其算力放在行业层面来对比，略显不足一些。放眼整个行业，特斯拉率先实现了自研芯片，其FSD HW3.0芯片的算力达到了144TOPS，蔚来和小鹏虽然依然使用英伟达旗下的芯片，但ET7和P7的总算力也达到了1016TOPS和30TOPS。特斯拉、蔚来、小鹏和理想旗下车型芯片情况，数据来源于公开资料，连线出行制图“芯片代表着车辆的计算能力以及处理问题能力的高低，车企注重芯片已经成为一个行业共识。”工信汽研智库专家赵强对未来汽车日报表示。对于自动驾驶这场军备竞赛而言，除了芯片之外，所配套的硬件也至关重要。为了抢占领先位置，小鹏在P5新车型上率先采用了激光雷达方案，整车传感器数量达到32个，蔚来更是将其超越，在ET7配备了33个高性能感知硬件。在此竞争格局下，理想也开启了堆料模式。根据官方介绍，新款理想ONE采用了全球首个量产交付的800万像素视觉识别摄像头，识别精度可以达到4K级别。而在毫米波雷达方面，也由此前的1个提升到5个。总体算下来，2021款理想ONE全身的传感器数量达到了22个，与蔚来和小鹏均有一定差距。此外，在软件方面，针对于特斯拉、蔚来和小鹏都应用的NOA（navigation on autopilot）功能，理想也在此次发布会上推出了自家的软件系统。值得注意的是，理想的NOA功能也搭配了高德地图提供的高精地图，使其功能覆盖包括通过匝道、隧道、自动变道、超车等场景。只不过，这一功能需要等到今年9月才能通过OTA升级实现标配。理想NOA，图源理想汽车官微相较于堆料的自动辅助驾驶功能软硬件升级，理想对于其他硬件方面可谓只做了小规模、且不如人意的调整。对于2021款理想ONE，在动力系统方面保留了来自国产东安动力的1.2T三缸发动机，只将电机更换为一台三合一电机。由于电机尺寸更小，为车辆的油箱节约出了一部分的空间，使得油箱的容积从之前的45升扩大到55升。除了容积之外，对于油耗方面，李想也表示做出了效率的优化，以至在燃油模式下，NEDC工况的热机油耗从老款的8.3L/100km降到6.05L/100km。由于增程式的特性，这一升级也让续航里程得到了大幅度的提升。据李想介绍，车辆在NEDC工况下的续航里程从之前的800公里增加到1080公里，更为苛刻的WLTC工况续航里程也从老款的620公里增加到了890公里。对此升级，李想自信的表示：“新款理想ONE，在四驱的中大型SUV里绝对是顶尖的。”虽然李想对其满意，但老车主们却并不买账。据连线出行了解，理想老款的1.2T三缸发动机一直都是老车主吐槽的重点——当车辆时速达到120km/h以上，三缸发动机的“嘶吼声”与胎噪、风噪一起，会对车舱内静谧性造成了较大的影响。以至于有很多理想车主会向理想官方反映这一情况，希望能改善这一问题。但就目前而言，理想并没有在改款车型中针对这一问题做出改善。除此之外，理想还对方向盘、座椅及车内空间做了些许调整。新款的方向盘上的按键从原来的小米遥控器，调整为与奔驰一样规格的镀铬和拨动的设计，从观感和手感上，都比老款更为精致一些。座椅方面，新款理想ONE在第一、二排座椅上都添加了座椅按摩和电动腰托的设计，并将座椅内的填充物进行了加厚，一定程度上提升了乘坐体验。此外，2021款理想ONE将只有6座版，取消7座版。这场发布会结束前夕，在场观众惊喜的发现，在一番堆料后2021款理想ONE最终售价仅比老款涨价一万元，以至于让场内一度陷入欢呼之中。2021款理想ONE售价不过，刚刚发布新款的理想，挑战和压力也很大。新成绩单，成色几何？曾几何时，理想的业绩数据还站在神坛之上。根据理想公开数据显示，就在理想ONE正式发售后的第一个季度，也就是2020年一季度，理想在“造车三兄弟”中率先实现了毛利率转正为8.02%，彼时蔚来和小鹏同期的毛利率依旧为负值，分别为-12.21%和-4.82%。紧接着，到了去年第四季度，理想再次比蔚来和小鹏率先实现了小幅度的盈利。据理想财报数据显示，2020年Q4净利润转正为1.08亿元，而在毛利率方面继续保持着三家的首位为17.47%。理想汽车、蔚来和小鹏汽车2020年Q4净利润和毛利率情况，数据来源于Wind，连线出行制图相比之下，蔚来和小鹏在2020年Q4净亏损为14.92亿元和7.87亿元。正因这样的差距，理想在今年2月底发布财务数据后，股价一度大涨超11%，该车企也成了彼时业内为之关注的焦点。然而随着今年第一季度财报的发布，理想的业绩开始走下神坛。据理想财报数据显示，2021年第一季度营收为35.8亿元，相较于2020年同期增长了319.8%；而在净亏损方面，今年一季度达到了3.6亿元，同比却扩大了366.9%。如果用环比数据来看，理想在营收和净利润方面均呈现下滑趋势。数据显示，营收方面环比去年四季度下降了13.79%，净利润方面更是环比下降了434.71%。这也是理想继去年四季度小幅盈利后，再次转入亏损之中。相比于理想在营收和净利润方面的双双下滑，蔚来和小鹏表现得更为优秀一些。据Wind数据显示，蔚来今年一季度营收为66.41亿元，环比增长20.2%；小鹏对应营收为29.51亿元，环比增长3.49%。在净利润方面，蔚来与小鹏虽然依然都处于亏损之中，但环比小鹏收窄了0.11%，蔚来更是收窄了68.2%。理想营收和净利润双双下滑的原因，与销量的下滑有很大关系。尽管今年一季度交付了12579万辆理想ONE，但环比去年四季度却减少了13%；反观蔚来和小鹏，一季度交付量为20060辆和13340辆，分别环比增长了15.6%和2.9%。对比“三兄弟”的财报数据，理想一直引以为傲的毛利率方面也在失去优势。2021年第一季度，理想、蔚来和小鹏三家的毛利率依次为17.25%、19.48%和11.18%，可见理想毛利率已从去年四季度的三家之首下降至第二位。不仅如此，理想也是三家之中毛利率出现下滑的车企。蔚来、小鹏汽车和理想汽车2020Q4与2021Q1毛利率情况，数据来源于财报，连线出行制图蔚来和小鹏一季度毛利率，相较于去年第四季度分别环比增长了69%和51.5%，而理想一季度毛利率却环比下降了1.3%。对于毛利率的下滑，理想官方在财报中解释为是由于今年一季度开展的促销活动导致平均售价下降所致。但在业内看来，这也与理想推出新版理想ONE有一定关系，毕竟要赶上6月发售的计划，一季度对该车型的生产已经开始，而对其堆料在一定程度上推高了整体成本。成本变高，还因为研发费用增加了。据财报数据显示，2021年一季度理想研发费用为5.145亿元，环比去年第四季度的3.742亿元增长了37.5%。相比之下，蔚来一季度研发费用为6.87亿元，环比降低了17.1%；小鹏一季度相同费用为5.35亿元，同比增长了16.3%。对此，理想方面的解释是由于公司在新款车型和人员等两方面的投入都进行了增加，这其中主要是对于自动驾驶业务进行补充。据李想在发布会上介绍，去年9月公司自动驾驶团队只有60人，而如今该团队已扩张到300人，到年底还要增加到600人。同样大幅增长的还有销售、一般及管理费用（以下简称“三费”）。据财报数据显示，理想今年一季度该项目费用为5.099亿元，环比去年四季度增长了18.8%。相比之下，蔚来和小鹏在该费用上却分别环比下降了0.8%和21%。蔚来、小鹏汽车和理想汽车2020Q4与2021Q1研发费用及销售、一般及管理费用情况，数据来源于财报，连线出行制图这两方面的花费，与之前相比可谓是有了相当大的增长，而这增长在业内看来，是理想在自动驾驶领域和销售渠道上开始补足短板。现在来看，理想已不再“抠门”，也不是“三兄弟”中最能省钱的一家了。无论在改款车型上堆料，还是在自动驾驶和销售渠道上“补课”，理想都开始为此大把花钱。从财报数据可以看到，理想今年一季度的现金等价物余额为303.6亿元，而蔚来和小鹏这一数字为475亿元和362亿元。相比之下，理想却成为了钱最少的一家车企。这样的结局，或许理想并不像看到，但它不得不去这样做。堆料、补课，不得不做三年只推出一款车型，对于目前的新能源汽车行业，意味着什么？对于这个问题，多位业内人士向连线出行给出了基本一致的回答——慢了。业内有这样的看法也很正常。自2018年10月理想发布首款车型理想ONE以来，三年过去了，虽然目前已推出了改款理想ONE，但也不能掩盖其旗下依然只有一款车型的尴尬。反观“三兄弟”其他两家，蔚来已推出了4款车型，小鹏紧随其后也有3款。2021款理想ONE这样对比之下，理想在车型研发方面肉眼可见的慢了。除此之外，理想也正在被围攻。去年12月之前，如果要提及增程式技术，只有理想一家对此方面有着话语权，但随着新玩家的入局，这样的格局被打破。2020年12月18日，岚图汽车发布了首款车型岚图FREE，据官方介绍该车型将采用纯电动和增程电动两种动力方案。到了今年，选择增程式的玩家变得更多。今年2月，吉利汽车公开了一项与“增程式汽车控制方案”相关的专利，这也是其在去年宣布要在今年推出增程式汽车后又一动作。而到了今年上海车展，赛利斯也推出了旗下的首款增程式电动汽车，该车型采用的是其与华为共同研发的全新“驼峰智能增程系统”。面对吉利、华为等新入局者来势汹汹的围攻，理想汽车联合创始人沈亚楠推测，到2030年，全世界可能只剩下不到10个汽车品牌，中国市场将会有3家车企占据绝大部分份额，他希望理想可以成为第三家。为此，理想在车型研发方面开始加速。按照理想计划，从2022年开始，每年将发布至少两款新产品，以至于到2024年产品将覆盖15万-50万元的价格区间，届时年销量目标为“大几十万辆”。而为了突围，理想也表示将在2023年推出纯电动车型。细看这份时间表，可以发现一个问题——新车型计划最早开始在2022年，这就意味着今年会出现产品“空窗期”。理想内部自然也看到了这一问题，为了填上这一漏洞，同时吸引新的消费者，理想推出了改款理想ONE，并且不得不花费成本来为其堆料。除了在车型研发方面慢了之外，理想在自动驾驶技术上同样也处于落后，以至于不得不开始在此方面开始“补课”。在目前的新能源造车领域，智能化已成为一个衡量车企能力的重要指标。这其中，蔚来在2020年抢发了基于导航和高精地图的自动驾驶辅助功能NOP；而小鹏汽车以全栈自研著称，不仅交付同类功能NGP，同时又推出车内的全场景语音交互能力。相较于蔚来和小鹏的全栈自研，理想囿于资本储备，无论在自动驾驶方面还是智能座舱方面都选择使用供应商的集成方案。在自动辅助驾驶方面，采用了Mobileye的芯片算法集成方案；而在智能座舱的语音交互方面，理想选用了腾讯的产品来实现功能。基于这样的区别，理想在车辆智能化方面，在此之前几乎处于“失声”状态。变化发生在2021款理想ONE身上，不仅借助硬件升级和高精地图，让车辆实现了NOA和全场景语音交互能力；同时在补充研发团队后，在感知、决策及操作系统LIOS都实现了自研。通过一系列堆料和“补课”，理想虽然一定程度上补足了之前缺失的短板，但不可否认的是，理想与蔚来和小鹏在车型数量和智能化水平上依然有着差距。而这样的不足，同样体现在销售渠道和产能上。今年2月底，理想汽车发布了公司内部信，内部信中公布了最新的战略——在2025年实现160万辆的销量成绩。而根据理想给出的数据来推算，很难实现这一战略。截至去年11月底，理想全国共有45家销售中心，按照所公布的去年9月单店月销量为100辆简单计算，要达到这一目标需要29年之久。以至于理想增加了销售及管理费用，加速补充销售渠道。根据沈亚楠在财报会议上表示，年底理想的全国销售中心将扩张至200家。按照目前75家店面来看，意味着剩下半年，理想汽车要以2倍的速度拓展渠道。而在产能方面，要达到“160万辆”的目标，目前10万辆/年的产能也是远远不够的，根据财报显示，理想汽车常州工厂新车间预计2022年完工，届时年产能将提升到20万辆。理想汽车常州工厂，图源理想汽车官微相比之下，蔚来和小鹏截至目前全国分别有234和178家门店，而到今年底两家门店数量都会达到300家左右。而在产能方面，蔚来目前产能为12万辆/年，并且还在扩建新厂，落产后产能将达到100万辆/年，而小鹏今年底将达到40万辆/年。或许是为了补足产能差距，据未来汽车日报报道，理想还试图接手已经停摆两年的北京现代第一工厂。随后，理想方面很快以“未收到消息，不予评论”来回应。现在来看，堆料和补课，是理想不得不做的事情。对于目前杀成红海的行业来说，理想还需要更快。","news_type":1,"symbols_score_info":{"LI":0.9}},"isVote":1,"tweetType":1,"viewCount":4368,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":134211382,"gmtCreate":1622241536346,"gmtModify":1631893533058,"author":{"id":"3584839794199440","authorId":"3584839794199440","name":"121711b8","avatar":"h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href=\"https://laohu8.com/S/ODBU.SI\">$UtdHampshReitUSD(ODBU.SI)$</a>潜力股","text":"$UtdHampshReitUSD(ODBU.SI)$潜力股","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/134219799","isVote":1,"tweetType":1,"viewCount":3314,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":134989072,"gmtCreate":1622200055696,"gmtModify":1631893533060,"author":{"id":"3584839794199440","authorId":"3584839794199440","name":"121711b8","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3584839794199440","authorIdStr":"3584839794199440"},"themes":[],"title":"","htmlText":"用户有水分吗？","listText":"用户有水分吗？","text":"用户有水分吗？","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/134989072","repostId":"1184505379","repostType":4,"isVote":1,"tweetType":1,"viewCount":4073,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":134016322,"gmtCreate":1622191855766,"gmtModify":1631893533063,"author":{"id":"3584839794199440","authorId":"3584839794199440","name":"121711b8","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3584839794199440","authorIdStr":"3584839794199440"},"themes":[],"title":"","htmlText":"事事难料","listText":"事事难料","text":"事事难料","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/134016322","repostId":"1176451656","repostType":4,"isVote":1,"tweetType":1,"viewCount":3514,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":134019769,"gmtCreate":1622191647551,"gmtModify":1631893533069,"author":{"id":"3584839794199440","authorId":"3584839794199440","name":"121711b8","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3584839794199440","authorIdStr":"3584839794199440"},"themes":[],"title":"","htmlText":"过山车。。。","listText":"过山车。。。","text":"过山车。。。","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/134019769","repostId":"1114342668","repostType":4,"isVote":1,"tweetType":1,"viewCount":3098,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":132724898,"gmtCreate":1622117677314,"gmtModify":1631893533070,"author":{"id":"3584839794199440","authorId":"3584839794199440","name":"121711b8","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3584839794199440","authorIdStr":"3584839794199440"},"themes":[],"title":"","htmlText":"请点赞并回复，谢谢了!","listText":"请点赞并回复，谢谢了!","text":"请点赞并回复，谢谢了!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/132724898","repostId":"1182855100","repostType":4,"isVote":1,"tweetType":1,"viewCount":1554,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":132292827,"gmtCreate":1622089981969,"gmtModify":1634183926139,"author":{"id":"3584839794199440","authorId":"3584839794199440","name":"121711b8","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3584839794199440","authorIdStr":"3584839794199440"},"themes":[],"title":"","htmlText":"好公司吗？","listText":"好公司吗？","text":"好公司吗？","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/132292827","repostId":"1131171414","repostType":4,"repost":{"id":"1131171414","kind":"news","weMediaInfo":{"introduction":"为用户提供金融资讯、行情、数据，旨在帮助投资者理解世界，做投资决策。","home_visible":1,"media_name":"老虎资讯综合","id":"102","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1622088817,"share":"https://www.laohu8.com/m/news/1131171414?lang=zh_CN&edition=full","pubTime":"2021-05-27 12:13","market":"hk","language":"zh","title":"联想集团2021财年收入增长20%，为9年来最高","url":"https://stock-news.laohu8.com/highlight/detail?id=1131171414","media":"老虎资讯综合","summary":"周四午间，联想集团发布2021财年四季度及全年财报：主要业绩2021财年Q4营收156.3亿美元，市场预期为143.28亿美元，去年同期为105.79亿美元。Q4净利润（亿美元）：2.6 ，预期：2.","content":"<p>周四午间，<a href=\"https://laohu8.com/S/00992\">联想集团</a>发布2021财年四季度及全年财报：</p><p><b>主要业绩</b></p><ul><li>2021财年Q4营收156.3亿美元，市场预期为143.28亿美元，去年同期为105.79亿美元。</li><li>Q4净利润（亿美元）：<b>2.6</b>&nbsp;，预期：2.05，前值：0.51。</li><li>Q4每股盈利0.019美元，市场预期为0.02美元，去年同期为0.0035美元。</li><li>2021财年营收607.42亿美元，市场预期为590.31亿美元，去年同期为507.16亿美元。</li><li>2021财年净利润（亿美元）：<b>11.78，</b>预期：11.37，前值：6.98。</li><li>2021财年每股盈利0.0954美元，市场预期为0.09美元，去年同期为0.055美元。</li></ul><p><b>业绩亮点</b></p><ul><li>联想集团：<b>截至2021年3月31日财年，收入创下9年来最高的20%的增长，财年收入增加了创纪录的100亿美元。</b>集团除税前溢利达到13年以来最高水平，股东应占溢利取得空前增长，同比增长了77%。</li><li>在本财年，智能设备业务集团收入和除税前溢利均创下历史新高，收入同比增长20%至544亿美元，除税前溢利增长35%至31亿美元。</li><li>在本财年，个人电脑和智能设备业务收入同比增长22%，实现创纪录的485亿美元，占集团总收入80%。</li><li>在本财年，数据中心业务集团收入同比增长15%，达到历史新高63亿美元，占集团总销售额10%。</li></ul><p><img src=\"https://static.tigerbbs.com/075d6ae0fd25542dd88a6ce3fcda8e58\" tg-width=\"750\" tg-height=\"1728\"></p><p><b>行情表现</b></p><p>截至午间收盘，联想集团港股跌0.1%，报9.67港元。</p><p><img src=\"https://static.tigerbbs.com/b67de69a88f3a9998ada337725165ac8\" tg-width=\"840\" tg-height=\"470\" referrerpolicy=\"no-referrer\"></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>联想集团2021财年收入增长20%，为9年来最高</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; 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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: 11px; color: #7E829C; margin: 0;line-height: 11px;}\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\">\n联想集团2021财年收入增长20%，为9年来最高\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/102\">\n\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\">老虎资讯综合 </p>\n<p class=\"h-time\">2021-05-27 12:13</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>周四午间，<a href=\"https://laohu8.com/S/00992\">联想集团</a>发布2021财年四季度及全年财报：</p><p><b>主要业绩</b></p><ul><li>2021财年Q4营收156.3亿美元，市场预期为143.28亿美元，去年同期为105.79亿美元。</li><li>Q4净利润（亿美元）：<b>2.6</b>&nbsp;，预期：2.05，前值：0.51。</li><li>Q4每股盈利0.019美元，市场预期为0.02美元，去年同期为0.0035美元。</li><li>2021财年营收607.42亿美元，市场预期为590.31亿美元，去年同期为507.16亿美元。</li><li>2021财年净利润（亿美元）：<b>11.78，</b>预期：11.37，前值：6.98。</li><li>2021财年每股盈利0.0954美元，市场预期为0.09美元，去年同期为0.055美元。</li></ul><p><b>业绩亮点</b></p><ul><li>联想集团：<b>截至2021年3月31日财年，收入创下9年来最高的20%的增长，财年收入增加了创纪录的100亿美元。</b>集团除税前溢利达到13年以来最高水平，股东应占溢利取得空前增长，同比增长了77%。</li><li>在本财年，智能设备业务集团收入和除税前溢利均创下历史新高，收入同比增长20%至544亿美元，除税前溢利增长35%至31亿美元。</li><li>在本财年，个人电脑和智能设备业务收入同比增长22%，实现创纪录的485亿美元，占集团总收入80%。</li><li>在本财年，数据中心业务集团收入同比增长15%，达到历史新高63亿美元，占集团总销售额10%。</li></ul><p><img src=\"https://static.tigerbbs.com/075d6ae0fd25542dd88a6ce3fcda8e58\" tg-width=\"750\" tg-height=\"1728\"></p><p><b>行情表现</b></p><p>截至午间收盘，联想集团港股跌0.1%，报9.67港元。</p><p><img src=\"https://static.tigerbbs.com/b67de69a88f3a9998ada337725165ac8\" tg-width=\"840\" tg-height=\"470\" referrerpolicy=\"no-referrer\"></p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/7f10c5571533b425a393d535b40586ec","relate_stocks":{"00992":"联想集团"},"is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1131171414","content_text":"周四午间，联想集团发布2021财年四季度及全年财报：主要业绩2021财年Q4营收156.3亿美元，市场预期为143.28亿美元，去年同期为105.79亿美元。Q4净利润（亿美元）：2.6 ，预期：2.05，前值：0.51。Q4每股盈利0.019美元，市场预期为0.02美元，去年同期为0.0035美元。2021财年营收607.42亿美元，市场预期为590.31亿美元，去年同期为507.16亿美元。2021财年净利润（亿美元）：11.78，预期：11.37，前值：6.98。2021财年每股盈利0.0954美元，市场预期为0.09美元，去年同期为0.055美元。业绩亮点联想集团：截至2021年3月31日财年，收入创下9年来最高的20%的增长，财年收入增加了创纪录的100亿美元。集团除税前溢利达到13年以来最高水平，股东应占溢利取得空前增长，同比增长了77%。在本财年，智能设备业务集团收入和除税前溢利均创下历史新高，收入同比增长20%至544亿美元，除税前溢利增长35%至31亿美元。在本财年，个人电脑和智能设备业务收入同比增长22%，实现创纪录的485亿美元，占集团总收入80%。在本财年，数据中心业务集团收入同比增长15%，达到历史新高63亿美元，占集团总销售额10%。行情表现截至午间收盘，联想集团港股跌0.1%，报9.67港元。","news_type":1,"symbols_score_info":{"00992":0.9}},"isVote":1,"tweetType":1,"viewCount":1764,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":136520374,"gmtCreate":1622029881098,"gmtModify":1634184531932,"author":{"id":"3584839794199440","authorId":"3584839794199440","name":"121711b8","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3584839794199440","authorIdStr":"3584839794199440"},"themes":[],"title":"","htmlText":"我是米粉&nbsp;[财迷]&nbsp;","listText":"我是米粉&nbsp;[财迷]&nbsp;","text":"我是米粉 [财迷]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/136520374","repostId":"1148842630","repostType":4,"repost":{"id":"1148842630","kind":"news","weMediaInfo":{"introduction":"为用户提供金融资讯、行情、数据，旨在帮助投资者理解世界，做投资决策。","home_visible":1,"media_name":"老虎资讯综合","id":"102","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1622023668,"share":"https://www.laohu8.com/m/news/1148842630?lang=zh_CN&edition=full","pubTime":"2021-05-26 18:07","market":"hk","language":"zh","title":"小米：第一季度营收768.8亿元，净利润77.9亿元","url":"https://stock-news.laohu8.com/highlight/detail?id=1148842630","media":"老虎资讯综合","summary":"5月26日，小米集团发布财报，财报显示：小米集团第一季度营收768.8亿元人民币，市场预估746.8亿元人民币。第一季度净利润77.9亿元人民币，第一季度营业利润81.6亿元人民币。第一季度互联网服务收入65.7亿元人民币，分析师预估64.9亿元人民币。第一季度，境外市场收入达到人民币374亿元，同比增长50.6%。第一季度，自处置投资录得税后净收益人民币4亿元。","content":"<p>5月26日，小米集团发布财报，财报显示：小米集团第一季度营收768.8亿元人民币，市场预估746.8亿元人民币。</p><p>第一季度调整后净利润60.7亿元人民币，分析师预估39.3亿元人民币。</p><p>第一季度净利润77.9亿元人民币，第一季度营业利润81.6亿元人民币。</p><p>第一季度互联网服务收入65.7亿元人民币，分析师预估64.9亿元人民币。</p><p>小米集团：2021年第一季度，<a href=\"https://laohu8.com/S/5RE.SI\">智能</a>手机业务收入达到人民币515亿元，同比增长69.8%；全球智能手机出货量同比增长69.1%，达到49.4百万台。第一季度，境外市场收入达到人民币374亿元，同比增长50.6%。</p><p>小米集团：截至2021年3月31日止，小米共投资超过320家公司，总账面价值人民币519亿元，同比增长60.8%；投资的总价值为人民币697亿元。第一季度，自处置投资录得税后净收益人民币4亿元。<img src=\"https://static.tigerbbs.com/6f4ae6467c8584af1fdd72a7926af329\" tg-width=\"1107\" tg-height=\"479\" referrerpolicy=\"no-referrer\"><img src=\"https://static.tigerbbs.com/07bb7c51749ac2fe555665ea1d47f8c8\" tg-width=\"627\" tg-height=\"342\" referrerpolicy=\"no-referrer\"><b>业务回顾及展望</b></p><p><b>整体表现</b></p><p>2021年第一季度，小米集团总收入达到人民币769亿元，同比增长54.7%。经调整净利润达到人民币61亿元，同比增长163.8%。总收入和经调整净利润均创单季度历史新高，展现出我们商业模式的巨大活力以及战略执行的卓越成效。</p><p>我们的‘手机×AIoT’核心战略取得显著成效。2021年第一季度，我们全球智能手机出货量同比增长69.1%，达到49.4百万台。根据Canalys统计，本季度我们全球智能手机出货量排名稳居第3名，市占率达到14.1%。手机出货量的强劲增长带动了我们全球用户基数持续扩张，2021年3月，全球MIUI月活跃用户数达到425.3百万，同比增长28.6%。同时，AIoT平台不断扩大规模，截至2021年3月31日，我们AIoT平台已连接的IoT设备（不包括智能手机及笔记本计算机）数达到351.1百万。人工智能助理‘小爱同学’的月活跃用户数在2021年3月达到93.0百万。</p><p>我们的智能手机业务在中国大陆市场快速增长。根据Canalys统计，2021年第一季度， 我们中国大陆智能手机出货量同比增长74.6%，市场份额排名第四。互联网用户规模也在持续提升，2021年3月中国大陆地区MIUI月活跃用户数达到118.6百万，较2020年12月净增7.7百万用户，环比增长6.9%。</p><p>我们持续丰富智能手机产品组合，进一步提升高端手机市场竞争力。2021年3月发布的MIX&nbsp;FOLD&nbsp;小米折叠屏手机 ，小米11 Ultra 和小米11 Pro 三款高端机型均在发售后取得优异的销售成绩。2021年第一季度，我们中国大陆地区定价在人民币3，000元或以上及境外定价在300欧元及以上的智能手机全球出货量超过400万台。</p><p>同时，我们的境外市场业务持续扩大规模。2021年第一季度，境外市场收入达到人民币374亿元，同比增长50.6%。根据Canalys统计，按智能手机出货量计，本季度我们在全球62个国家和地区市场份额排名前五，在欧洲地区排名首次达到第二，在拉美地区市场份额上升至第三。</p><p>我们在稳定发展现有业务的同时，持续探索并拓宽业务边界。在2021年3月，我们发布了全新的品牌标识，同时也宣布正式进军智能电动汽车业务，开启我们未来十年广阔的征程。</p><p><b>智能手机</b></p><p>2021年第一季度，我们智能手机业务保持强劲增速，智能手机业务收入达到人民币515亿元，同比增长69.8%。本季度我们的智能手机业务毛利率达到12.9%，全球智能手机出货量达到49.4百万台。根据Canalys统计，本季度我们全球智能手机出货量排名稳居第3名，市占率达到14.1%。</p><p>我们的智能手机业务在中国大陆市场继续快速增长。根据Canalys统计，2021年第一季度，我们中国大陆智能手机出货量市占率为14.6%，市场份额排名上升至第四。我们在线渠道的优势不断巩固，根据第三方数据，中国大陆地区智能手机在线市场份额近翻倍增长，从2020年第一季度的18.5%上升至2021年第一季度的38.0%。同时我们不断拓展中国大陆线下渠道布局，截至2021年4月30日，我们在中国大陆的零售店总数突破5，500家，较2020年12月31日新增超过2，300家。</p><p>我们持续推进手机双品牌策略。在小米品牌方面，本季度我们发布了小米10S 、小米11 青春版、小米11 Pro 、小米11 Ultra 和MIX&nbsp;FOLD&nbsp;小米折叠屏手机 ，构成了全新的小米品牌产品矩阵。其中，超高端旗舰机型MIX&nbsp;FOLD&nbsp;小米折叠屏手机 定价人民币9，999元起，配备了2K+全面折叠屏，搭载了小米首款自研专业影像芯片澎湃C1&nbsp;， 并首发液态镜头，在影像、阅读、视频及游戏等方面给用户带来了极致的大屏交互体验。另外，小米11 Ultra 定价人民币5，999元起，首发5000万像素GN2图像传感器， 并配备120 倍潜望式长焦镜头以及128°超广角镜头，在发布时以143 分的总分登顶 DXOMARK全球专业相机测评榜单。此外，小米11 Pro及小米11 青春版 也以多元化的功能定位及外观设计，满足了不同用户的产品需求。2021年1月1日至4月30日，小米11 、小米11 Pro 和小米11 Ultra 的全球订单量突破300万台，根据第三方数据，小米11&nbsp;系列在中国大陆定价人民币4，000元至6，000元的安卓手机中销量排名第一。</p><p>Redmi品牌方面，我们为用户带来了全新定位的产品选择。2021&nbsp;年2 月我们发布了Redmi&nbsp;K40、Redmi&nbsp;K40&nbsp;Pro&nbsp;和Redmi&nbsp;K40&nbsp;Pro+ ，广受市场好评。2021年4月我们推出了Redmi&nbsp;K40&nbsp;游戏增强版 ，定价人民币1，999元起，搭载天玑1200处理器，兼具强劲的游戏性能及超薄机身设计为一体，在散热、快速充电和肩键设计等诸多方面，把专业级的游戏体验带入大众市场。</p><p>随着高端产品矩阵不断完善，我们在高端智能手机市场取得了显著成果。2021年第一季度，我们中国大陆地区定价在人民币3，000元或以上及境外定价在300欧元及以上的智能手机全球出货量超过了400万台。此外，根据第三方数据，我们中国大陆地区定价在人民币4，000元至6，000元区间的智能手机市场份额，由去年同期的5.5%提升至本季度的16.1%。</p><p><b>IoT与生活消费产品</b></p><p>2021年第一季度，IoT与生活消费产品业务表现强劲，收入达到人民币182亿元，同比增长40.5%。</p><p>2021年第一季度，我们的智能电视全球出货量达到260万台。根据奥维云网统计，小米电视在中国大陆出货量连续九个季度稳居第一，全球智能电视出货量稳居前五。我们的大屏电视广受市场欢迎，根据奥维云网统计，本季度小米及Redmi品牌电视在中国大陆70英寸以上的大屏电视市场零售量同比增长超过160.0%，零售量排名继续保持第一，市占率达到29.0%。2021年2月，我们发布了Redmi&nbsp;MAX&nbsp;86” 超大屏电视 ，广受市场欢迎。</p><p>本季度我们在重点品类上推出多项功能创新的新品。我们推出的米家新风空调 ，通过提供干净新风可有效降低室内二氧化碳浓度，为用户带来健康舒适体验，并助力于新一代新风空调产品的普及。同时，我们新推出了小米笔记本Pro 15 ，配备10.7亿色超广色域的OLED屏幕，提供了极佳的视觉效果。此外，我们还发布了小米路由器AX9000 ，售价人民币999元，支持三频9000兆级高速带宽及强劲信号覆盖，助力电竞级的游戏体验。</p><p>我们以手机研发能力赋能可穿戴业务，从使用体验上增进协同效应。2021年第一季度，我们的智能手表收入同比增速超过300.0%。此外，本季度我们也推出了新一代手环产品小米手环6 ，具备全面屏设计，并进一步优化了健康及运动功能算法。</p><p>在中国大陆地区，我们在智能家居众多品类中保持市场份额前三的领先地位。根据‘IDC中国智能家居季度追踪报告，2020Q4’数据，我们的空气净化器、智能门锁产品市场份额稳居第一名，我们的扫地<a href=\"https://laohu8.com/S/300024\">机器人</a>市场份额稳居前二。</p><p>在境外市场我们的IoT业务保持高速增长，本季度境外IoT及生活消费产品收入同比增长81.1%。滑板车、空气净化器、小米盒子 等产品持续畅销。</p><p><b>互联网服务</b></p><p>我们的互联网业务持续稳步发展。2021年第一季度，我们的互联网服务收入达到人民币66亿元，同比增长11.4%。本季度，我们互联网业务的毛利率达到72.4%。</p><p>我们的全球互联网用户继续保持高增长。2021年3月，全球MIUI月活跃用户数同比增长28.6%至425.3百万，其中，中国大陆地区MIUI月活跃用户数同比增长6.4%至118.6百万，较2020年12月净增7.7百万用户。</p><p>2021年第一季度，我们的广告业务收入再创单季度历史新高，达到人民币39亿元， 同比增长46.3%。随着我们全球用户规模扩大和高端手机用户数量迅速增长，预装、搜索等广告收入持续提升。</p><p>本季度我们的游戏收入为人民币11亿元，环比上升24.8%，我们重视与优质内容的深度合作，同时高端手机用户增长带来每用户平均游戏收入持续提升。</p><p>2021年第一季度，其他增值服务收入达到人民币16亿元，同比下降8.6%，主要由于金融科技业务继续强化风控，主动控制贷款规模。</p><p>我们不断丰富电视互联网内容，触达用户规模持续扩大，本季度我们智能电视以及小米盒子 的月活跃用户数同比增长超过34.0%。同时，截至2021年3月31日，小米电视的付费用户已达到4.7百万，同比增长8.2%。</p><p>2021年第一季度，我们的境外互联网服务收入达到人民币9亿元，同比增长50.0%， 对整体互联网服务的收入贡献占比达到13.8%。重点市场互联网用户规模持续扩大， 其中，我们西欧地区的MIUI月活跃用户数同比增长95.5%。未来我们将进一步提供更多元化的境外互联网服务，在提升用户体验的同时不断推进业务增长。</p><p><b>境外市场</b></p><p>2021年，我们在全球主要市场继续保持强劲增长。2021年第一季度，我们的境外市场收入达到人民币374亿元，同比增长50.6%。根据Canalys统计，按智能手机出货量计，本季度我们在全球62个国家和地区市占率排名前五，在全球12个国家和地区排名第一。</p><p>我们在重点市场的竞争力持续提升。根据Canalys统计，按智能手机出货量计，在欧洲市场，本季度我们的市场份额首次排名第二，市占率达到22.7%，出货量同比增长85.1%。其中，在东欧地区我们连续2个季度市场份额第一，市占率达到32.5%，出货量同比增长81.8%。我们在俄罗斯的智能手机出货量市场份额首次达到第一，市占率为32.1%。在西欧地区我们的市占率进一步上升至16.6%，市场份额稳居前三，出货量同比增长89.3%。在西班牙我们的市场份额连续5个季度第一，市占率达到35.1%。我们在意大利的市场份额上升至第二，在德国、法国稳居前三，在英国首次进入前五，出货量同比增速均超过90%。此外，本季度我们在印度的智能手机出货量连续14个季度保持排名第一，市占率达到28.3%。</p><p>我们在新兴市场继续保持迅猛增长。根据Canalys统计，按智能手机出货量计，本季度我们在拉美地区的市场份额排名上升至第三，出货量同比增长161.7%，市占率达到11.5%。其中，我们在墨西哥市场份额上升至第二，市占率达到16.7%，出货量同比增长137.1%。此外，本季度我们在中东地区智能手机出货量同比增长87.8%，排名第三。同时，在非洲市场我们的智能手机出货量同比增长191.0%，排名第四。</p><p>我们不断加强境外市场的渠道建设。2021年第一季度，我们在除印度外的境外市场， 在线渠道和运营商渠道的智能手机出货量均超过500万台，同比增速分别超过100% 和310%。根据Canalys统计，我们西欧地区运营商渠道的智能手机市场份额由2020年第四季度7.4%进一步上升至2021年第一季度的11.3%。截至2021年3月31日，我们已与全球超过150个运营商渠道（包括运营商子网）建立合作。</p><p><b>重要战略进展</b></p><p>手机×AIoT‘手机×AIoT’仍是我们的核心战略，我们不断完善智能生态。截至2021年3月31日， 我们的AIoT连接设备（不包括智能手机及笔记本计算机）数达到351.1百万。拥有五件及以上连接至小米AIoT平台的设备（不包括智能手机及笔记本计算机）的用户数达到6.8百万，同比增长48.9%。在2021年3月，人工智能助理‘小爱同学’月活跃用户数达到93.0 百万；2021年3月，米家App的月活跃用户数同比增长22.8%，达到49.2百万。</p><p><b>研发投入</b></p><p>技术立业、追求创新是我们不断前行的动力。2021年第一季度，我们的研发开支达到了人民币30亿元，同比增长61.0%。</p><p>在2021年第一季度，我们在MIX&nbsp;FOLD&nbsp;小米折叠屏手机 上发布了首款自研独立专业影像芯片澎湃C1&nbsp;，在对焦、曝光、白平衡三方面进行了升级，是我们影像技术的又一次突破性成果。同时，MIX FOLD&nbsp;小米折叠屏手机 全球首发手机液态镜头模块， 运用可流动的液态设计替代传统光学镜片，集长焦与微距于一体，进一步提升影像水平。此外，我们也在小米11 Ultra 首发硅氧负极电池技术及全相变散热技术，通过固态、液态和气态的三态变化，能够实现热量的快速散开和传导，进一步提升手机的高续航、超快充，以及性能的稳定性。这些创新技术体现了我们对于前沿科技的不断探索。</p><p>未来我们将持续加大研发投入，广募优秀技术人才，在核心技术及智能制造上实现前沿创新。</p><p><b>全新品牌标识</b></p><p>在2021年3月，我们发布了包括新logo在内的全新小米品牌标识，以全新的形象开启新十年的征程。未来我们也将在全球范围内加强品牌推广力度，持续提升品牌形象。</p><p>进军智能电动汽车业务</p><p>2021年3月30日，我们正式对外公告，将成立一家全资子公司负责小米智能电动汽车业务，首期投资为人民币100亿元，预计未来10年投资额100亿美元，小米集团首席执行官雷军先生将兼任智能电动汽车业务的首席执行官。</p><p>我们的理念是用高质量的智能电动汽车，让全球用户享受无所不在的智能生活。我们的广大用户基础，丰富的软硬件融合的商业实践经验，我们在关键技术领域的大量投资和产业链资源，将助力我们在智能电动汽车领域稳健前行，开拓广阔的发展道路。</p><p><b>投资</b></p><p>截至2021年3月31日止，小米共投资超过320家公司，总账面价值人民币519亿元，同比增长60.8%。截至2021年3月31日，我们投资的总价值（包括（i）权益法计算的投资中上市公司的公允价值（按照2021年3月31日的股价计算）；（ii）权益法计算的投资中非上市公司的账面价值； 以及（iii）按公允价值计入当期损益的长期投资的账面价值）为人民币697亿元。2021年第一季度，我们自处置投资录得税后净收益人民币4亿元。</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>小米：第一季度营收768.8亿元，净利润77.9亿元</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: 11px; color: #7E829C; margin: 0;line-height: 11px;}\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\">\n小米：第一季度营收768.8亿元，净利润77.9亿元\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/102\">\n\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\">老虎资讯综合 </p>\n<p class=\"h-time\">2021-05-26 18:07</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>5月26日，小米集团发布财报，财报显示：小米集团第一季度营收768.8亿元人民币，市场预估746.8亿元人民币。</p><p>第一季度调整后净利润60.7亿元人民币，分析师预估39.3亿元人民币。</p><p>第一季度净利润77.9亿元人民币，第一季度营业利润81.6亿元人民币。</p><p>第一季度互联网服务收入65.7亿元人民币，分析师预估64.9亿元人民币。</p><p>小米集团：2021年第一季度，<a href=\"https://laohu8.com/S/5RE.SI\">智能</a>手机业务收入达到人民币515亿元，同比增长69.8%；全球智能手机出货量同比增长69.1%，达到49.4百万台。第一季度，境外市场收入达到人民币374亿元，同比增长50.6%。</p><p>小米集团：截至2021年3月31日止，小米共投资超过320家公司，总账面价值人民币519亿元，同比增长60.8%；投资的总价值为人民币697亿元。第一季度，自处置投资录得税后净收益人民币4亿元。<img src=\"https://static.tigerbbs.com/6f4ae6467c8584af1fdd72a7926af329\" tg-width=\"1107\" tg-height=\"479\" referrerpolicy=\"no-referrer\"><img src=\"https://static.tigerbbs.com/07bb7c51749ac2fe555665ea1d47f8c8\" tg-width=\"627\" tg-height=\"342\" referrerpolicy=\"no-referrer\"><b>业务回顾及展望</b></p><p><b>整体表现</b></p><p>2021年第一季度，小米集团总收入达到人民币769亿元，同比增长54.7%。经调整净利润达到人民币61亿元，同比增长163.8%。总收入和经调整净利润均创单季度历史新高，展现出我们商业模式的巨大活力以及战略执行的卓越成效。</p><p>我们的‘手机×AIoT’核心战略取得显著成效。2021年第一季度，我们全球智能手机出货量同比增长69.1%，达到49.4百万台。根据Canalys统计，本季度我们全球智能手机出货量排名稳居第3名，市占率达到14.1%。手机出货量的强劲增长带动了我们全球用户基数持续扩张，2021年3月，全球MIUI月活跃用户数达到425.3百万，同比增长28.6%。同时，AIoT平台不断扩大规模，截至2021年3月31日，我们AIoT平台已连接的IoT设备（不包括智能手机及笔记本计算机）数达到351.1百万。人工智能助理‘小爱同学’的月活跃用户数在2021年3月达到93.0百万。</p><p>我们的智能手机业务在中国大陆市场快速增长。根据Canalys统计，2021年第一季度， 我们中国大陆智能手机出货量同比增长74.6%，市场份额排名第四。互联网用户规模也在持续提升，2021年3月中国大陆地区MIUI月活跃用户数达到118.6百万，较2020年12月净增7.7百万用户，环比增长6.9%。</p><p>我们持续丰富智能手机产品组合，进一步提升高端手机市场竞争力。2021年3月发布的MIX&nbsp;FOLD&nbsp;小米折叠屏手机 ，小米11 Ultra 和小米11 Pro 三款高端机型均在发售后取得优异的销售成绩。2021年第一季度，我们中国大陆地区定价在人民币3，000元或以上及境外定价在300欧元及以上的智能手机全球出货量超过400万台。</p><p>同时，我们的境外市场业务持续扩大规模。2021年第一季度，境外市场收入达到人民币374亿元，同比增长50.6%。根据Canalys统计，按智能手机出货量计，本季度我们在全球62个国家和地区市场份额排名前五，在欧洲地区排名首次达到第二，在拉美地区市场份额上升至第三。</p><p>我们在稳定发展现有业务的同时，持续探索并拓宽业务边界。在2021年3月，我们发布了全新的品牌标识，同时也宣布正式进军智能电动汽车业务，开启我们未来十年广阔的征程。</p><p><b>智能手机</b></p><p>2021年第一季度，我们智能手机业务保持强劲增速，智能手机业务收入达到人民币515亿元，同比增长69.8%。本季度我们的智能手机业务毛利率达到12.9%，全球智能手机出货量达到49.4百万台。根据Canalys统计，本季度我们全球智能手机出货量排名稳居第3名，市占率达到14.1%。</p><p>我们的智能手机业务在中国大陆市场继续快速增长。根据Canalys统计，2021年第一季度，我们中国大陆智能手机出货量市占率为14.6%，市场份额排名上升至第四。我们在线渠道的优势不断巩固，根据第三方数据，中国大陆地区智能手机在线市场份额近翻倍增长，从2020年第一季度的18.5%上升至2021年第一季度的38.0%。同时我们不断拓展中国大陆线下渠道布局，截至2021年4月30日，我们在中国大陆的零售店总数突破5，500家，较2020年12月31日新增超过2，300家。</p><p>我们持续推进手机双品牌策略。在小米品牌方面，本季度我们发布了小米10S 、小米11 青春版、小米11 Pro 、小米11 Ultra 和MIX&nbsp;FOLD&nbsp;小米折叠屏手机 ，构成了全新的小米品牌产品矩阵。其中，超高端旗舰机型MIX&nbsp;FOLD&nbsp;小米折叠屏手机 定价人民币9，999元起，配备了2K+全面折叠屏，搭载了小米首款自研专业影像芯片澎湃C1&nbsp;， 并首发液态镜头，在影像、阅读、视频及游戏等方面给用户带来了极致的大屏交互体验。另外，小米11 Ultra 定价人民币5，999元起，首发5000万像素GN2图像传感器， 并配备120 倍潜望式长焦镜头以及128°超广角镜头，在发布时以143 分的总分登顶 DXOMARK全球专业相机测评榜单。此外，小米11 Pro及小米11 青春版 也以多元化的功能定位及外观设计，满足了不同用户的产品需求。2021年1月1日至4月30日，小米11 、小米11 Pro 和小米11 Ultra 的全球订单量突破300万台，根据第三方数据，小米11&nbsp;系列在中国大陆定价人民币4，000元至6，000元的安卓手机中销量排名第一。</p><p>Redmi品牌方面，我们为用户带来了全新定位的产品选择。2021&nbsp;年2 月我们发布了Redmi&nbsp;K40、Redmi&nbsp;K40&nbsp;Pro&nbsp;和Redmi&nbsp;K40&nbsp;Pro+ ，广受市场好评。2021年4月我们推出了Redmi&nbsp;K40&nbsp;游戏增强版 ，定价人民币1，999元起，搭载天玑1200处理器，兼具强劲的游戏性能及超薄机身设计为一体，在散热、快速充电和肩键设计等诸多方面，把专业级的游戏体验带入大众市场。</p><p>随着高端产品矩阵不断完善，我们在高端智能手机市场取得了显著成果。2021年第一季度，我们中国大陆地区定价在人民币3，000元或以上及境外定价在300欧元及以上的智能手机全球出货量超过了400万台。此外，根据第三方数据，我们中国大陆地区定价在人民币4，000元至6，000元区间的智能手机市场份额，由去年同期的5.5%提升至本季度的16.1%。</p><p><b>IoT与生活消费产品</b></p><p>2021年第一季度，IoT与生活消费产品业务表现强劲，收入达到人民币182亿元，同比增长40.5%。</p><p>2021年第一季度，我们的智能电视全球出货量达到260万台。根据奥维云网统计，小米电视在中国大陆出货量连续九个季度稳居第一，全球智能电视出货量稳居前五。我们的大屏电视广受市场欢迎，根据奥维云网统计，本季度小米及Redmi品牌电视在中国大陆70英寸以上的大屏电视市场零售量同比增长超过160.0%，零售量排名继续保持第一，市占率达到29.0%。2021年2月，我们发布了Redmi&nbsp;MAX&nbsp;86” 超大屏电视 ，广受市场欢迎。</p><p>本季度我们在重点品类上推出多项功能创新的新品。我们推出的米家新风空调 ，通过提供干净新风可有效降低室内二氧化碳浓度，为用户带来健康舒适体验，并助力于新一代新风空调产品的普及。同时，我们新推出了小米笔记本Pro 15 ，配备10.7亿色超广色域的OLED屏幕，提供了极佳的视觉效果。此外，我们还发布了小米路由器AX9000 ，售价人民币999元，支持三频9000兆级高速带宽及强劲信号覆盖，助力电竞级的游戏体验。</p><p>我们以手机研发能力赋能可穿戴业务，从使用体验上增进协同效应。2021年第一季度，我们的智能手表收入同比增速超过300.0%。此外，本季度我们也推出了新一代手环产品小米手环6 ，具备全面屏设计，并进一步优化了健康及运动功能算法。</p><p>在中国大陆地区，我们在智能家居众多品类中保持市场份额前三的领先地位。根据‘IDC中国智能家居季度追踪报告，2020Q4’数据，我们的空气净化器、智能门锁产品市场份额稳居第一名，我们的扫地<a href=\"https://laohu8.com/S/300024\">机器人</a>市场份额稳居前二。</p><p>在境外市场我们的IoT业务保持高速增长，本季度境外IoT及生活消费产品收入同比增长81.1%。滑板车、空气净化器、小米盒子 等产品持续畅销。</p><p><b>互联网服务</b></p><p>我们的互联网业务持续稳步发展。2021年第一季度，我们的互联网服务收入达到人民币66亿元，同比增长11.4%。本季度，我们互联网业务的毛利率达到72.4%。</p><p>我们的全球互联网用户继续保持高增长。2021年3月，全球MIUI月活跃用户数同比增长28.6%至425.3百万，其中，中国大陆地区MIUI月活跃用户数同比增长6.4%至118.6百万，较2020年12月净增7.7百万用户。</p><p>2021年第一季度，我们的广告业务收入再创单季度历史新高，达到人民币39亿元， 同比增长46.3%。随着我们全球用户规模扩大和高端手机用户数量迅速增长，预装、搜索等广告收入持续提升。</p><p>本季度我们的游戏收入为人民币11亿元，环比上升24.8%，我们重视与优质内容的深度合作，同时高端手机用户增长带来每用户平均游戏收入持续提升。</p><p>2021年第一季度，其他增值服务收入达到人民币16亿元，同比下降8.6%，主要由于金融科技业务继续强化风控，主动控制贷款规模。</p><p>我们不断丰富电视互联网内容，触达用户规模持续扩大，本季度我们智能电视以及小米盒子 的月活跃用户数同比增长超过34.0%。同时，截至2021年3月31日，小米电视的付费用户已达到4.7百万，同比增长8.2%。</p><p>2021年第一季度，我们的境外互联网服务收入达到人民币9亿元，同比增长50.0%， 对整体互联网服务的收入贡献占比达到13.8%。重点市场互联网用户规模持续扩大， 其中，我们西欧地区的MIUI月活跃用户数同比增长95.5%。未来我们将进一步提供更多元化的境外互联网服务，在提升用户体验的同时不断推进业务增长。</p><p><b>境外市场</b></p><p>2021年，我们在全球主要市场继续保持强劲增长。2021年第一季度，我们的境外市场收入达到人民币374亿元，同比增长50.6%。根据Canalys统计，按智能手机出货量计，本季度我们在全球62个国家和地区市占率排名前五，在全球12个国家和地区排名第一。</p><p>我们在重点市场的竞争力持续提升。根据Canalys统计，按智能手机出货量计，在欧洲市场，本季度我们的市场份额首次排名第二，市占率达到22.7%，出货量同比增长85.1%。其中，在东欧地区我们连续2个季度市场份额第一，市占率达到32.5%，出货量同比增长81.8%。我们在俄罗斯的智能手机出货量市场份额首次达到第一，市占率为32.1%。在西欧地区我们的市占率进一步上升至16.6%，市场份额稳居前三，出货量同比增长89.3%。在西班牙我们的市场份额连续5个季度第一，市占率达到35.1%。我们在意大利的市场份额上升至第二，在德国、法国稳居前三，在英国首次进入前五，出货量同比增速均超过90%。此外，本季度我们在印度的智能手机出货量连续14个季度保持排名第一，市占率达到28.3%。</p><p>我们在新兴市场继续保持迅猛增长。根据Canalys统计，按智能手机出货量计，本季度我们在拉美地区的市场份额排名上升至第三，出货量同比增长161.7%，市占率达到11.5%。其中，我们在墨西哥市场份额上升至第二，市占率达到16.7%，出货量同比增长137.1%。此外，本季度我们在中东地区智能手机出货量同比增长87.8%，排名第三。同时，在非洲市场我们的智能手机出货量同比增长191.0%，排名第四。</p><p>我们不断加强境外市场的渠道建设。2021年第一季度，我们在除印度外的境外市场， 在线渠道和运营商渠道的智能手机出货量均超过500万台，同比增速分别超过100% 和310%。根据Canalys统计，我们西欧地区运营商渠道的智能手机市场份额由2020年第四季度7.4%进一步上升至2021年第一季度的11.3%。截至2021年3月31日，我们已与全球超过150个运营商渠道（包括运营商子网）建立合作。</p><p><b>重要战略进展</b></p><p>手机×AIoT‘手机×AIoT’仍是我们的核心战略，我们不断完善智能生态。截至2021年3月31日， 我们的AIoT连接设备（不包括智能手机及笔记本计算机）数达到351.1百万。拥有五件及以上连接至小米AIoT平台的设备（不包括智能手机及笔记本计算机）的用户数达到6.8百万，同比增长48.9%。在2021年3月，人工智能助理‘小爱同学’月活跃用户数达到93.0 百万；2021年3月，米家App的月活跃用户数同比增长22.8%，达到49.2百万。</p><p><b>研发投入</b></p><p>技术立业、追求创新是我们不断前行的动力。2021年第一季度，我们的研发开支达到了人民币30亿元，同比增长61.0%。</p><p>在2021年第一季度，我们在MIX&nbsp;FOLD&nbsp;小米折叠屏手机 上发布了首款自研独立专业影像芯片澎湃C1&nbsp;，在对焦、曝光、白平衡三方面进行了升级，是我们影像技术的又一次突破性成果。同时，MIX FOLD&nbsp;小米折叠屏手机 全球首发手机液态镜头模块， 运用可流动的液态设计替代传统光学镜片，集长焦与微距于一体，进一步提升影像水平。此外，我们也在小米11 Ultra 首发硅氧负极电池技术及全相变散热技术，通过固态、液态和气态的三态变化，能够实现热量的快速散开和传导，进一步提升手机的高续航、超快充，以及性能的稳定性。这些创新技术体现了我们对于前沿科技的不断探索。</p><p>未来我们将持续加大研发投入，广募优秀技术人才，在核心技术及智能制造上实现前沿创新。</p><p><b>全新品牌标识</b></p><p>在2021年3月，我们发布了包括新logo在内的全新小米品牌标识，以全新的形象开启新十年的征程。未来我们也将在全球范围内加强品牌推广力度，持续提升品牌形象。</p><p>进军智能电动汽车业务</p><p>2021年3月30日，我们正式对外公告，将成立一家全资子公司负责小米智能电动汽车业务，首期投资为人民币100亿元，预计未来10年投资额100亿美元，小米集团首席执行官雷军先生将兼任智能电动汽车业务的首席执行官。</p><p>我们的理念是用高质量的智能电动汽车，让全球用户享受无所不在的智能生活。我们的广大用户基础，丰富的软硬件融合的商业实践经验，我们在关键技术领域的大量投资和产业链资源，将助力我们在智能电动汽车领域稳健前行，开拓广阔的发展道路。</p><p><b>投资</b></p><p>截至2021年3月31日止，小米共投资超过320家公司，总账面价值人民币519亿元，同比增长60.8%。截至2021年3月31日，我们投资的总价值（包括（i）权益法计算的投资中上市公司的公允价值（按照2021年3月31日的股价计算）；（ii）权益法计算的投资中非上市公司的账面价值； 以及（iii）按公允价值计入当期损益的长期投资的账面价值）为人民币697亿元。2021年第一季度，我们自处置投资录得税后净收益人民币4亿元。</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/3df686d3a6ca977e8c6841905eb7e18c","relate_stocks":{"01810":"小米集团-W"},"is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1148842630","content_text":"5月26日，小米集团发布财报，财报显示：小米集团第一季度营收768.8亿元人民币，市场预估746.8亿元人民币。第一季度调整后净利润60.7亿元人民币，分析师预估39.3亿元人民币。第一季度净利润77.9亿元人民币，第一季度营业利润81.6亿元人民币。第一季度互联网服务收入65.7亿元人民币，分析师预估64.9亿元人民币。小米集团：2021年第一季度，智能手机业务收入达到人民币515亿元，同比增长69.8%；全球智能手机出货量同比增长69.1%，达到49.4百万台。第一季度，境外市场收入达到人民币374亿元，同比增长50.6%。小米集团：截至2021年3月31日止，小米共投资超过320家公司，总账面价值人民币519亿元，同比增长60.8%；投资的总价值为人民币697亿元。第一季度，自处置投资录得税后净收益人民币4亿元。业务回顾及展望整体表现2021年第一季度，小米集团总收入达到人民币769亿元，同比增长54.7%。经调整净利润达到人民币61亿元，同比增长163.8%。总收入和经调整净利润均创单季度历史新高，展现出我们商业模式的巨大活力以及战略执行的卓越成效。我们的‘手机×AIoT’核心战略取得显著成效。2021年第一季度，我们全球智能手机出货量同比增长69.1%，达到49.4百万台。根据Canalys统计，本季度我们全球智能手机出货量排名稳居第3名，市占率达到14.1%。手机出货量的强劲增长带动了我们全球用户基数持续扩张，2021年3月，全球MIUI月活跃用户数达到425.3百万，同比增长28.6%。同时，AIoT平台不断扩大规模，截至2021年3月31日，我们AIoT平台已连接的IoT设备（不包括智能手机及笔记本计算机）数达到351.1百万。人工智能助理‘小爱同学’的月活跃用户数在2021年3月达到93.0百万。我们的智能手机业务在中国大陆市场快速增长。根据Canalys统计，2021年第一季度， 我们中国大陆智能手机出货量同比增长74.6%，市场份额排名第四。互联网用户规模也在持续提升，2021年3月中国大陆地区MIUI月活跃用户数达到118.6百万，较2020年12月净增7.7百万用户，环比增长6.9%。我们持续丰富智能手机产品组合，进一步提升高端手机市场竞争力。2021年3月发布的MIX FOLD 小米折叠屏手机 ，小米11 Ultra 和小米11 Pro 三款高端机型均在发售后取得优异的销售成绩。2021年第一季度，我们中国大陆地区定价在人民币3，000元或以上及境外定价在300欧元及以上的智能手机全球出货量超过400万台。同时，我们的境外市场业务持续扩大规模。2021年第一季度，境外市场收入达到人民币374亿元，同比增长50.6%。根据Canalys统计，按智能手机出货量计，本季度我们在全球62个国家和地区市场份额排名前五，在欧洲地区排名首次达到第二，在拉美地区市场份额上升至第三。我们在稳定发展现有业务的同时，持续探索并拓宽业务边界。在2021年3月，我们发布了全新的品牌标识，同时也宣布正式进军智能电动汽车业务，开启我们未来十年广阔的征程。智能手机2021年第一季度，我们智能手机业务保持强劲增速，智能手机业务收入达到人民币515亿元，同比增长69.8%。本季度我们的智能手机业务毛利率达到12.9%，全球智能手机出货量达到49.4百万台。根据Canalys统计，本季度我们全球智能手机出货量排名稳居第3名，市占率达到14.1%。我们的智能手机业务在中国大陆市场继续快速增长。根据Canalys统计，2021年第一季度，我们中国大陆智能手机出货量市占率为14.6%，市场份额排名上升至第四。我们在线渠道的优势不断巩固，根据第三方数据，中国大陆地区智能手机在线市场份额近翻倍增长，从2020年第一季度的18.5%上升至2021年第一季度的38.0%。同时我们不断拓展中国大陆线下渠道布局，截至2021年4月30日，我们在中国大陆的零售店总数突破5，500家，较2020年12月31日新增超过2，300家。我们持续推进手机双品牌策略。在小米品牌方面，本季度我们发布了小米10S 、小米11 青春版、小米11 Pro 、小米11 Ultra 和MIX FOLD 小米折叠屏手机 ，构成了全新的小米品牌产品矩阵。其中，超高端旗舰机型MIX FOLD 小米折叠屏手机 定价人民币9，999元起，配备了2K+全面折叠屏，搭载了小米首款自研专业影像芯片澎湃C1 ， 并首发液态镜头，在影像、阅读、视频及游戏等方面给用户带来了极致的大屏交互体验。另外，小米11 Ultra 定价人民币5，999元起，首发5000万像素GN2图像传感器， 并配备120 倍潜望式长焦镜头以及128°超广角镜头，在发布时以143 分的总分登顶 DXOMARK全球专业相机测评榜单。此外，小米11 Pro及小米11 青春版 也以多元化的功能定位及外观设计，满足了不同用户的产品需求。2021年1月1日至4月30日，小米11 、小米11 Pro 和小米11 Ultra 的全球订单量突破300万台，根据第三方数据，小米11 系列在中国大陆定价人民币4，000元至6，000元的安卓手机中销量排名第一。Redmi品牌方面，我们为用户带来了全新定位的产品选择。2021 年2 月我们发布了Redmi K40、Redmi K40 Pro 和Redmi K40 Pro+ ，广受市场好评。2021年4月我们推出了Redmi K40 游戏增强版 ，定价人民币1，999元起，搭载天玑1200处理器，兼具强劲的游戏性能及超薄机身设计为一体，在散热、快速充电和肩键设计等诸多方面，把专业级的游戏体验带入大众市场。随着高端产品矩阵不断完善，我们在高端智能手机市场取得了显著成果。2021年第一季度，我们中国大陆地区定价在人民币3，000元或以上及境外定价在300欧元及以上的智能手机全球出货量超过了400万台。此外，根据第三方数据，我们中国大陆地区定价在人民币4，000元至6，000元区间的智能手机市场份额，由去年同期的5.5%提升至本季度的16.1%。IoT与生活消费产品2021年第一季度，IoT与生活消费产品业务表现强劲，收入达到人民币182亿元，同比增长40.5%。2021年第一季度，我们的智能电视全球出货量达到260万台。根据奥维云网统计，小米电视在中国大陆出货量连续九个季度稳居第一，全球智能电视出货量稳居前五。我们的大屏电视广受市场欢迎，根据奥维云网统计，本季度小米及Redmi品牌电视在中国大陆70英寸以上的大屏电视市场零售量同比增长超过160.0%，零售量排名继续保持第一，市占率达到29.0%。2021年2月，我们发布了Redmi MAX 86” 超大屏电视 ，广受市场欢迎。本季度我们在重点品类上推出多项功能创新的新品。我们推出的米家新风空调 ，通过提供干净新风可有效降低室内二氧化碳浓度，为用户带来健康舒适体验，并助力于新一代新风空调产品的普及。同时，我们新推出了小米笔记本Pro 15 ，配备10.7亿色超广色域的OLED屏幕，提供了极佳的视觉效果。此外，我们还发布了小米路由器AX9000 ，售价人民币999元，支持三频9000兆级高速带宽及强劲信号覆盖，助力电竞级的游戏体验。我们以手机研发能力赋能可穿戴业务，从使用体验上增进协同效应。2021年第一季度，我们的智能手表收入同比增速超过300.0%。此外，本季度我们也推出了新一代手环产品小米手环6 ，具备全面屏设计，并进一步优化了健康及运动功能算法。在中国大陆地区，我们在智能家居众多品类中保持市场份额前三的领先地位。根据‘IDC中国智能家居季度追踪报告，2020Q4’数据，我们的空气净化器、智能门锁产品市场份额稳居第一名，我们的扫地机器人市场份额稳居前二。在境外市场我们的IoT业务保持高速增长，本季度境外IoT及生活消费产品收入同比增长81.1%。滑板车、空气净化器、小米盒子 等产品持续畅销。互联网服务我们的互联网业务持续稳步发展。2021年第一季度，我们的互联网服务收入达到人民币66亿元，同比增长11.4%。本季度，我们互联网业务的毛利率达到72.4%。我们的全球互联网用户继续保持高增长。2021年3月，全球MIUI月活跃用户数同比增长28.6%至425.3百万，其中，中国大陆地区MIUI月活跃用户数同比增长6.4%至118.6百万，较2020年12月净增7.7百万用户。2021年第一季度，我们的广告业务收入再创单季度历史新高，达到人民币39亿元， 同比增长46.3%。随着我们全球用户规模扩大和高端手机用户数量迅速增长，预装、搜索等广告收入持续提升。本季度我们的游戏收入为人民币11亿元，环比上升24.8%，我们重视与优质内容的深度合作，同时高端手机用户增长带来每用户平均游戏收入持续提升。2021年第一季度，其他增值服务收入达到人民币16亿元，同比下降8.6%，主要由于金融科技业务继续强化风控，主动控制贷款规模。我们不断丰富电视互联网内容，触达用户规模持续扩大，本季度我们智能电视以及小米盒子 的月活跃用户数同比增长超过34.0%。同时，截至2021年3月31日，小米电视的付费用户已达到4.7百万，同比增长8.2%。2021年第一季度，我们的境外互联网服务收入达到人民币9亿元，同比增长50.0%， 对整体互联网服务的收入贡献占比达到13.8%。重点市场互联网用户规模持续扩大， 其中，我们西欧地区的MIUI月活跃用户数同比增长95.5%。未来我们将进一步提供更多元化的境外互联网服务，在提升用户体验的同时不断推进业务增长。境外市场2021年，我们在全球主要市场继续保持强劲增长。2021年第一季度，我们的境外市场收入达到人民币374亿元，同比增长50.6%。根据Canalys统计，按智能手机出货量计，本季度我们在全球62个国家和地区市占率排名前五，在全球12个国家和地区排名第一。我们在重点市场的竞争力持续提升。根据Canalys统计，按智能手机出货量计，在欧洲市场，本季度我们的市场份额首次排名第二，市占率达到22.7%，出货量同比增长85.1%。其中，在东欧地区我们连续2个季度市场份额第一，市占率达到32.5%，出货量同比增长81.8%。我们在俄罗斯的智能手机出货量市场份额首次达到第一，市占率为32.1%。在西欧地区我们的市占率进一步上升至16.6%，市场份额稳居前三，出货量同比增长89.3%。在西班牙我们的市场份额连续5个季度第一，市占率达到35.1%。我们在意大利的市场份额上升至第二，在德国、法国稳居前三，在英国首次进入前五，出货量同比增速均超过90%。此外，本季度我们在印度的智能手机出货量连续14个季度保持排名第一，市占率达到28.3%。我们在新兴市场继续保持迅猛增长。根据Canalys统计，按智能手机出货量计，本季度我们在拉美地区的市场份额排名上升至第三，出货量同比增长161.7%，市占率达到11.5%。其中，我们在墨西哥市场份额上升至第二，市占率达到16.7%，出货量同比增长137.1%。此外，本季度我们在中东地区智能手机出货量同比增长87.8%，排名第三。同时，在非洲市场我们的智能手机出货量同比增长191.0%，排名第四。我们不断加强境外市场的渠道建设。2021年第一季度，我们在除印度外的境外市场， 在线渠道和运营商渠道的智能手机出货量均超过500万台，同比增速分别超过100% 和310%。根据Canalys统计，我们西欧地区运营商渠道的智能手机市场份额由2020年第四季度7.4%进一步上升至2021年第一季度的11.3%。截至2021年3月31日，我们已与全球超过150个运营商渠道（包括运营商子网）建立合作。重要战略进展手机×AIoT‘手机×AIoT’仍是我们的核心战略，我们不断完善智能生态。截至2021年3月31日， 我们的AIoT连接设备（不包括智能手机及笔记本计算机）数达到351.1百万。拥有五件及以上连接至小米AIoT平台的设备（不包括智能手机及笔记本计算机）的用户数达到6.8百万，同比增长48.9%。在2021年3月，人工智能助理‘小爱同学’月活跃用户数达到93.0 百万；2021年3月，米家App的月活跃用户数同比增长22.8%，达到49.2百万。研发投入技术立业、追求创新是我们不断前行的动力。2021年第一季度，我们的研发开支达到了人民币30亿元，同比增长61.0%。在2021年第一季度，我们在MIX FOLD 小米折叠屏手机 上发布了首款自研独立专业影像芯片澎湃C1 ，在对焦、曝光、白平衡三方面进行了升级，是我们影像技术的又一次突破性成果。同时，MIX FOLD 小米折叠屏手机 全球首发手机液态镜头模块， 运用可流动的液态设计替代传统光学镜片，集长焦与微距于一体，进一步提升影像水平。此外，我们也在小米11 Ultra 首发硅氧负极电池技术及全相变散热技术，通过固态、液态和气态的三态变化，能够实现热量的快速散开和传导，进一步提升手机的高续航、超快充，以及性能的稳定性。这些创新技术体现了我们对于前沿科技的不断探索。未来我们将持续加大研发投入，广募优秀技术人才，在核心技术及智能制造上实现前沿创新。全新品牌标识在2021年3月，我们发布了包括新logo在内的全新小米品牌标识，以全新的形象开启新十年的征程。未来我们也将在全球范围内加强品牌推广力度，持续提升品牌形象。进军智能电动汽车业务2021年3月30日，我们正式对外公告，将成立一家全资子公司负责小米智能电动汽车业务，首期投资为人民币100亿元，预计未来10年投资额100亿美元，小米集团首席执行官雷军先生将兼任智能电动汽车业务的首席执行官。我们的理念是用高质量的智能电动汽车，让全球用户享受无所不在的智能生活。我们的广大用户基础，丰富的软硬件融合的商业实践经验，我们在关键技术领域的大量投资和产业链资源，将助力我们在智能电动汽车领域稳健前行，开拓广阔的发展道路。投资截至2021年3月31日止，小米共投资超过320家公司，总账面价值人民币519亿元，同比增长60.8%。截至2021年3月31日，我们投资的总价值（包括（i）权益法计算的投资中上市公司的公允价值（按照2021年3月31日的股价计算）；（ii）权益法计算的投资中非上市公司的账面价值； 以及（iii）按公允价值计入当期损益的长期投资的账面价值）为人民币697亿元。2021年第一季度，我们自处置投资录得税后净收益人民币4亿元。","news_type":1,"symbols_score_info":{"01810":0.9}},"isVote":1,"tweetType":1,"viewCount":1326,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":136564500,"gmtCreate":1622029743000,"gmtModify":1634184533009,"author":{"id":"3584839794199440","authorId":"3584839794199440","name":"121711b8","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3584839794199440","authorIdStr":"3584839794199440"},"themes":[],"title":"","htmlText":"我是米粉 haha...","listText":"我是米粉 haha...","text":"我是米粉 haha...","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/136564500","repostId":"2138142951","repostType":4,"repost":{"id":"2138142951","kind":"highlight","pubTimestamp":1622028330,"share":"https://www.laohu8.com/m/news/2138142951?lang=zh_CN&edition=full","pubTime":"2021-05-26 19:25","market":"hk","language":"zh","title":"小米Q1财报背后：它正在变得更挣钱，也更烧钱","url":"https://stock-news.laohu8.com/highlight/detail?id=2138142951","media":"36氪","summary":"5月26日，小米发布2021年第一季度财报，收入达到769亿元，同比增长54.7%，利润61亿元，同比翻了1.6倍。\n小米似乎变得更挣钱了，除了利润的增长，公司的毛利率在一季度增加至18.4%，这一数","content":"<p>5月26日，小米发布2021年第一季度财报，收入达到769亿元，同比增长54.7%，利润61亿元，同比翻了1.6倍。</p>\n<p>小米似乎变得更挣钱了，除了利润的增长，公司的毛利率在一季度增加至18.4%，这一数字在2020年第一季度为15.2%。手机业务的毛利率达到了12.9%，而在2020年年度报告中，这一数字为8.7%，2019年更是刚刚超过7%。根据小米财报，其3000元以上及境外300欧元以上的<a href=\"https://laohu8.com/S/5RE.SI\">智能</a>手机全球出货量超过了400万台。小米11系列在第一季度全球订单数量超过300万台。</p>\n<p>智能手机的增长最为突出，收入达到了515亿元，同比增长近70%。除了国内，在欧洲，小米出货量同比增长81.8%，尤其在西欧的出货量同比增长89.3%，几乎翻倍。</p>\n<p>小米的高端策略并没有突飞猛进的增长，而是一个平缓上升的过程。ASP(平均每部售价）增长并不明显，2021年第一季度为1042.1元，只比2020年第一季度增加了4元。</p>\n<p>小米对线下的投入在今年可谓激进。根据财报，小米在4个月中，线下新增了2300家零售店，整体零售店超过了5500家。显然，在华为失速后，小米正在加快自己对线下的投入。</p>\n<p>小米在营销投入上绝不手软，其第一季度的销售及推广费用达到了42亿元，比起2020年第一季度26亿元的营销费用增加了58.6%。小米对此解释，是“由于包装与运输开支和销售及推广人员薪资上升。”当然，2020年一季度为疫情，销售推广费用偏低情有可原。</p>\n<p>销售成本也增长迅速，同比增长48.8%，达到了627亿元。 其中占大头的是手机销售成本，达到了448亿，这也是手机销量猛增的结果。</p>\n<p>研发也变得更加重要，小米第一季度的研发开支达到了30亿，比起2020年第一季度18亿也增长了60%以上。</p>\n<p>一个隐忧在于，小米的智能机又变得比IoT占比更重了，其整体占比达到了67%，同比增长了6%，而IoT与生活消费产品的占比下降了2.4%，智能机仍然是小米的命脉，并且正在变得更加重要。</p>\n<p>而互联网收入，比起手机的光鲜照旧显得平淡，第一季度收入同比只增长了11.4%，为66亿元。</p>\n<p>小米希望把汽车作为下一个增长点。财报中再次强调小米的智能电动汽车业务，重申了首期投资会达到100亿元，未来10年投资100亿美元。</p>\n<p>2021年的春天对小米来说称得上扬眉吐气，但随着智能手机的市场动荡逐渐趋于稳定，小米也需要讲好下一个故事。</p>","source":"36kr_stock","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>小米Q1财报背后：它正在变得更挣钱，也更烧钱</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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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: 11px; color: #7E829C; margin: 0;line-height: 11px;}\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\">\n小米Q1财报背后：它正在变得更挣钱，也更烧钱\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-26 19:25 北京时间&nbsp;&nbsp;&nbsp;<a href=https://36kr.com/p/1241153840932232><strong>36氪</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>5月26日，小米发布2021年第一季度财报，收入达到769亿元，同比增长54.7%，利润61亿元，同比翻了1.6倍。\n小米似乎变得更挣钱了，除了利润的增长，公司的毛利率在一季度增加至18.4%，这一数字在2020年第一季度为15.2%。手机业务的毛利率达到了12.9%，而在2020年年度报告中，这一数字为8.7%，2019年更是刚刚超过7%。根据小米财报，其3000元以上及境外300欧元以上的...</p>\n\n<a href=\"https://36kr.com/p/1241153840932232\">网页链接</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/537e08ee4cb694b56ef79b75b4b0c349","relate_stocks":{"01810":"小米集团-W"},"source_url":"https://36kr.com/p/1241153840932232","is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2138142951","content_text":"5月26日，小米发布2021年第一季度财报，收入达到769亿元，同比增长54.7%，利润61亿元，同比翻了1.6倍。\n小米似乎变得更挣钱了，除了利润的增长，公司的毛利率在一季度增加至18.4%，这一数字在2020年第一季度为15.2%。手机业务的毛利率达到了12.9%，而在2020年年度报告中，这一数字为8.7%，2019年更是刚刚超过7%。根据小米财报，其3000元以上及境外300欧元以上的智能手机全球出货量超过了400万台。小米11系列在第一季度全球订单数量超过300万台。\n智能手机的增长最为突出，收入达到了515亿元，同比增长近70%。除了国内，在欧洲，小米出货量同比增长81.8%，尤其在西欧的出货量同比增长89.3%，几乎翻倍。\n小米的高端策略并没有突飞猛进的增长，而是一个平缓上升的过程。ASP(平均每部售价）增长并不明显，2021年第一季度为1042.1元，只比2020年第一季度增加了4元。\n小米对线下的投入在今年可谓激进。根据财报，小米在4个月中，线下新增了2300家零售店，整体零售店超过了5500家。显然，在华为失速后，小米正在加快自己对线下的投入。\n小米在营销投入上绝不手软，其第一季度的销售及推广费用达到了42亿元，比起2020年第一季度26亿元的营销费用增加了58.6%。小米对此解释，是“由于包装与运输开支和销售及推广人员薪资上升。”当然，2020年一季度为疫情，销售推广费用偏低情有可原。\n销售成本也增长迅速，同比增长48.8%，达到了627亿元。 其中占大头的是手机销售成本，达到了448亿，这也是手机销量猛增的结果。\n研发也变得更加重要，小米第一季度的研发开支达到了30亿，比起2020年第一季度18亿也增长了60%以上。\n一个隐忧在于，小米的智能机又变得比IoT占比更重了，其整体占比达到了67%，同比增长了6%，而IoT与生活消费产品的占比下降了2.4%，智能机仍然是小米的命脉，并且正在变得更加重要。\n而互联网收入，比起手机的光鲜照旧显得平淡，第一季度收入同比只增长了11.4%，为66亿元。\n小米希望把汽车作为下一个增长点。财报中再次强调小米的智能电动汽车业务，重申了首期投资会达到100亿元，未来10年投资100亿美元。\n2021年的春天对小米来说称得上扬眉吐气，但随着智能手机的市场动荡逐渐趋于稳定，小米也需要讲好下一个故事。","news_type":1,"symbols_score_info":{"01810":0.9}},"isVote":1,"tweetType":1,"viewCount":1493,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":138869231,"gmtCreate":1621927343723,"gmtModify":1634185430078,"author":{"id":"3584839794199440","authorId":"3584839794199440","name":"121711b8","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3584839794199440","authorIdStr":"3584839794199440"},"themes":[],"title":"","htmlText":"Too much QE","listText":"Too much QE","text":"Too much QE","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/138869231","repostId":"2138163223","repostType":4,"isVote":1,"tweetType":1,"viewCount":1024,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":131716716,"gmtCreate":1621896082335,"gmtModify":1634185822942,"author":{"id":"3584839794199440","authorId":"3584839794199440","name":"121711b8","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3584839794199440","authorIdStr":"3584839794199440"},"themes":[],"title":"","htmlText":"vaccine ftw","listText":"vaccine ftw","text":"vaccine ftw","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/131716716","repostId":"2137155161","repostType":4,"isVote":1,"tweetType":1,"viewCount":1096,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":131711873,"gmtCreate":1621895915592,"gmtModify":1634185825335,"author":{"id":"3584839794199440","authorId":"3584839794199440","name":"121711b8","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3584839794199440","authorIdStr":"3584839794199440"},"themes":[],"title":"","htmlText":"nice","listText":"nice","text":"nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/131711873","repostId":"1185261745","repostType":4,"repost":{"id":"1185261745","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":1621863142,"share":"https://www.laohu8.com/m/news/1185261745?lang=zh_CN&edition=full","pubTime":"2021-05-24 21:32","market":"us","language":"en","title":"Dow rises more than 100 points to start the week, tech shares and reopening trades gain<blockquote>道指本周初上涨逾100点，科技股和重新开放交易上涨</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1185261745","media":"Tiger Newspress","summary":"U.S. stocks climbed on Monday as the technology sector and shares benefitting the most from the econ","content":"<p>U.S. stocks climbed on Monday as the technology sector and shares benefitting the most from the economic reopening led the advance.</p><p><blockquote>美国股市周一上涨，科技板块和从经济重新开放中受益最大的股票领涨。</blockquote></p><p>The Dow Jones Industrial Average rose 140 points. The S&amp;P 500 gained 0.6%, while the Nasdaq Composite popped 0.7%.</p><p><blockquote>道琼斯工业平均指数上涨140点。标普500上涨0.6%，纳斯达克综合指数上涨0.7%。</blockquote></p><p>Tech stocks gained to shake off another rough period for bitcoin over the weekend as thecryptocurrency bounced Monday. The&nbsp;cryptocurrencydropped under $32,000 on Sunday, only to rebound 16% above $38,000 on Monday. On Wednesday, bitcoin prices tumbled to just above $30,000, dropping to the lowest level since late January.</p><p><blockquote>随着加密货币周一反弹，科技股周末上涨，摆脱了比特币的又一个艰难时期。该加密货币周日跌破32,000美元，周一反弹16%至38,000美元上方。周三，比特币价格暴跌至略高于3万美元，跌至1月底以来的最低水平。</blockquote></p><p>Shares of Tesla, a big holder of the crypto, gained 0.5% in premarket trading despite the bitcoin volatility. Coinbase added 2% in premarket trading as bitcoin stabilized Monday and as Goldmanstarted the crypto-exchange with a buy rating.</p><p><blockquote>尽管比特币波动，该加密货币的大持有者特斯拉的股价在盘前交易中仍上涨了0.5%。随着比特币周一企稳以及高盛对该加密货币交易所给予买入评级，Coinbase在盘前交易中上涨2%。</blockquote></p><p>Stocks benefiting from the economic reopening gained in premarket trading as well. Share of Gap, Carnival and United Airlines were higher. Norwegian Cruise Line rose 1% in premarket after the cruise line operator announced plans to return cruising in the U.S. this summer.</p><p><blockquote>受益于经济重新开放的股票也在盘前交易中上涨。Gap、嘉年华和联合航空的份额较高。挪威邮轮公司(Norwegian Cruise Line)宣布计划今年夏天恢复美国邮轮业务，盘前股价上涨1%。</blockquote></p><p>“We continue to see incremental data points that strengthen our view that when equities break out of this range, the next move is a substantial rise higher,” wrote Tom Lee, head of research at Fundstrat Global Advisors. Lee cited data showing a collapse in Covid-19 cases.</p><p><blockquote>Fundstrat Global Advisors研究主管Tom Lee写道：“我们继续看到增量数据点，这强化了我们的观点，即当股市突破这一区间时，下一步就是大幅走高。”李引用的数据显示新冠肺炎病例大幅减少。</blockquote></p><p>Stocks have stalled lately. The previous week saw the Dow post its fourth negative week in five, but the losses were minor. The Dow dipped just 0.5% on the week, while the S&amp;P lost just 0.4%. The Nasdaq Composite, meanwhile, gained 0.31% last week, snapping a four-week losing streak.</p><p><blockquote>股票最近停滞不前。上周道琼斯指数连续五周下跌，但跌幅很小。道琼斯指数本周仅下跌0.5%，而标准普尔指数仅下跌0.4%。与此同时，纳斯达克综合指数上周上涨0.31%，结束了连续四周的下跌。</blockquote></p><p>Despite last week’s “collapse in crypto markets and rather hawkish FOMC minutes, another equity dip was bought by investors,” JPMorgan wrote in a note to clients. “This ‘buy the dip’ mentality has been remarkably strong this year and has provided a support preventing any small correction in equities and risk markets from becoming more extended,” the firm added.</p><p><blockquote>摩根大通在给客户的一份报告中写道，尽管上周“加密货币市场崩溃，联邦公开市场委员会会议纪要相当鹰派，但投资者还是买入了股市再次下跌”。该公司补充道：“今年这种‘逢低买入’的心态非常强烈，并提供了支撑，防止股市和风险市场的任何小幅调整变得更加持久。”</blockquote></p><p>The Federal Reserve hinted at its&nbsp;April meeting&nbsp;that easy monetary policies could be reconsidered if the economy continues to show signs of rapid improvement, according to minutes from the meeting released last week.</p><p><blockquote>根据上周公布的会议纪要，美联储在4月会议上暗示，如果经济继续出现快速改善的迹象，可能会重新考虑宽松的货币政策。</blockquote></p><p>Heading into the last full trading week of the month, the Dow is on track to post a gain for May, while the S&amp;P is on track to snap a three-month winning streak. The Nasdaq Composite, which is down more than 3% for the month, is on track to snap its longest monthly winning streak since Jan. 2018, with its first negative month in seven.</p><p><blockquote>进入本月最后一个完整交易周，道琼斯指数有望在5月份上涨，而标准普尔指数有望实现三个月连涨。纳斯达克综合指数本月下跌超过3%，有望创下自2018年1月以来最长的月度连涨纪录，这是七个月来首次出现负值。</blockquote></p><p>After outperforming year-to-date, small caps have faced recent weakness, and the Russell 2000 is on track to snap a seven-month winning streak.</p><p><blockquote>在今年迄今表现出色后，小盘股近期面临疲软，Russell 2000指数有望实现七个月连涨snap。</blockquote></p><p>“We think the choppy/sideways trend will continue for a bit longer, and the market will experience sell-off scares along the way,” noted Adam Crisafulli, founder of Vital Knowledge. “While stocks are absorbing a lot of changes well so far, all the inflection points still have longer to play out.”</p><p><blockquote>Vital Knowledge创始人Adam Crisafulli指出：“我们认为震荡/横盘趋势将持续一段时间，市场将在此过程中经历抛售恐慌。”“虽然到目前为止股市很好地吸收了很多变化，但所有拐点仍需要更长的时间才能显现出来。”</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>Dow rises more than 100 points to start the week, tech shares and reopening trades gain<blockquote>道指本周初上涨逾100点，科技股和重新开放交易上涨</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\">\nDow rises more than 100 points to start the week, tech shares and reopening trades gain<blockquote>道指本周初上涨逾100点，科技股和重新开放交易上涨</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\">2021-05-24 21:32</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>U.S. stocks climbed on Monday as the technology sector and shares benefitting the most from the economic reopening led the advance.</p><p><blockquote>美国股市周一上涨，科技板块和从经济重新开放中受益最大的股票领涨。</blockquote></p><p>The Dow Jones Industrial Average rose 140 points. The S&amp;P 500 gained 0.6%, while the Nasdaq Composite popped 0.7%.</p><p><blockquote>道琼斯工业平均指数上涨140点。标普500上涨0.6%，纳斯达克综合指数上涨0.7%。</blockquote></p><p>Tech stocks gained to shake off another rough period for bitcoin over the weekend as thecryptocurrency bounced Monday. The&nbsp;cryptocurrencydropped under $32,000 on Sunday, only to rebound 16% above $38,000 on Monday. On Wednesday, bitcoin prices tumbled to just above $30,000, dropping to the lowest level since late January.</p><p><blockquote>随着加密货币周一反弹，科技股周末上涨，摆脱了比特币的又一个艰难时期。该加密货币周日跌破32,000美元，周一反弹16%至38,000美元上方。周三，比特币价格暴跌至略高于3万美元，跌至1月底以来的最低水平。</blockquote></p><p>Shares of Tesla, a big holder of the crypto, gained 0.5% in premarket trading despite the bitcoin volatility. Coinbase added 2% in premarket trading as bitcoin stabilized Monday and as Goldmanstarted the crypto-exchange with a buy rating.</p><p><blockquote>尽管比特币波动，该加密货币的大持有者特斯拉的股价在盘前交易中仍上涨了0.5%。随着比特币周一企稳以及高盛对该加密货币交易所给予买入评级，Coinbase在盘前交易中上涨2%。</blockquote></p><p>Stocks benefiting from the economic reopening gained in premarket trading as well. Share of Gap, Carnival and United Airlines were higher. Norwegian Cruise Line rose 1% in premarket after the cruise line operator announced plans to return cruising in the U.S. this summer.</p><p><blockquote>受益于经济重新开放的股票也在盘前交易中上涨。Gap、嘉年华和联合航空的份额较高。挪威邮轮公司(Norwegian Cruise Line)宣布计划今年夏天恢复美国邮轮业务，盘前股价上涨1%。</blockquote></p><p>“We continue to see incremental data points that strengthen our view that when equities break out of this range, the next move is a substantial rise higher,” wrote Tom Lee, head of research at Fundstrat Global Advisors. Lee cited data showing a collapse in Covid-19 cases.</p><p><blockquote>Fundstrat Global Advisors研究主管Tom Lee写道：“我们继续看到增量数据点，这强化了我们的观点，即当股市突破这一区间时，下一步就是大幅走高。”李引用的数据显示新冠肺炎病例大幅减少。</blockquote></p><p>Stocks have stalled lately. The previous week saw the Dow post its fourth negative week in five, but the losses were minor. The Dow dipped just 0.5% on the week, while the S&amp;P lost just 0.4%. The Nasdaq Composite, meanwhile, gained 0.31% last week, snapping a four-week losing streak.</p><p><blockquote>股票最近停滞不前。上周道琼斯指数连续五周下跌，但跌幅很小。道琼斯指数本周仅下跌0.5%，而标准普尔指数仅下跌0.4%。与此同时，纳斯达克综合指数上周上涨0.31%，结束了连续四周的下跌。</blockquote></p><p>Despite last week’s “collapse in crypto markets and rather hawkish FOMC minutes, another equity dip was bought by investors,” JPMorgan wrote in a note to clients. “This ‘buy the dip’ mentality has been remarkably strong this year and has provided a support preventing any small correction in equities and risk markets from becoming more extended,” the firm added.</p><p><blockquote>摩根大通在给客户的一份报告中写道，尽管上周“加密货币市场崩溃，联邦公开市场委员会会议纪要相当鹰派，但投资者还是买入了股市再次下跌”。该公司补充道：“今年这种‘逢低买入’的心态非常强烈，并提供了支撑，防止股市和风险市场的任何小幅调整变得更加持久。”</blockquote></p><p>The Federal Reserve hinted at its&nbsp;April meeting&nbsp;that easy monetary policies could be reconsidered if the economy continues to show signs of rapid improvement, according to minutes from the meeting released last week.</p><p><blockquote>根据上周公布的会议纪要，美联储在4月会议上暗示，如果经济继续出现快速改善的迹象，可能会重新考虑宽松的货币政策。</blockquote></p><p>Heading into the last full trading week of the month, the Dow is on track to post a gain for May, while the S&amp;P is on track to snap a three-month winning streak. The Nasdaq Composite, which is down more than 3% for the month, is on track to snap its longest monthly winning streak since Jan. 2018, with its first negative month in seven.</p><p><blockquote>进入本月最后一个完整交易周，道琼斯指数有望在5月份上涨，而标准普尔指数有望实现三个月连涨。纳斯达克综合指数本月下跌超过3%，有望创下自2018年1月以来最长的月度连涨纪录，这是七个月来首次出现负值。</blockquote></p><p>After outperforming year-to-date, small caps have faced recent weakness, and the Russell 2000 is on track to snap a seven-month winning streak.</p><p><blockquote>在今年迄今表现出色后，小盘股近期面临疲软，Russell 2000指数有望实现七个月连涨snap。</blockquote></p><p>“We think the choppy/sideways trend will continue for a bit longer, and the market will experience sell-off scares along the way,” noted Adam Crisafulli, founder of Vital Knowledge. “While stocks are absorbing a lot of changes well so far, all the inflection points still have longer to play out.”</p><p><blockquote>Vital Knowledge创始人Adam Crisafulli指出：“我们认为震荡/横盘趋势将持续一段时间，市场将在此过程中经历抛售恐慌。”“虽然到目前为止股市很好地吸收了很多变化，但所有拐点仍需要更长的时间才能显现出来。”</blockquote></p><p></p>\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"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1185261745","content_text":"U.S. stocks climbed on Monday as the technology sector and shares benefitting the most from the economic reopening led the advance.The Dow Jones Industrial Average rose 140 points. The S&P 500 gained 0.6%, while the Nasdaq Composite popped 0.7%.Tech stocks gained to shake off another rough period for bitcoin over the weekend as thecryptocurrency bounced Monday. The cryptocurrencydropped under $32,000 on Sunday, only to rebound 16% above $38,000 on Monday. On Wednesday, bitcoin prices tumbled to just above $30,000, dropping to the lowest level since late January.Shares of Tesla, a big holder of the crypto, gained 0.5% in premarket trading despite the bitcoin volatility. Coinbase added 2% in premarket trading as bitcoin stabilized Monday and as Goldmanstarted the crypto-exchange with a buy rating.Stocks benefiting from the economic reopening gained in premarket trading as well. Share of Gap, Carnival and United Airlines were higher. Norwegian Cruise Line rose 1% in premarket after the cruise line operator announced plans to return cruising in the U.S. this summer.“We continue to see incremental data points that strengthen our view that when equities break out of this range, the next move is a substantial rise higher,” wrote Tom Lee, head of research at Fundstrat Global Advisors. Lee cited data showing a collapse in Covid-19 cases.Stocks have stalled lately. The previous week saw the Dow post its fourth negative week in five, but the losses were minor. The Dow dipped just 0.5% on the week, while the S&P lost just 0.4%. The Nasdaq Composite, meanwhile, gained 0.31% last week, snapping a four-week losing streak.Despite last week’s “collapse in crypto markets and rather hawkish FOMC minutes, another equity dip was bought by investors,” JPMorgan wrote in a note to clients. “This ‘buy the dip’ mentality has been remarkably strong this year and has provided a support preventing any small correction in equities and risk markets from becoming more extended,” the firm added.The Federal Reserve hinted at its April meeting that easy monetary policies could be reconsidered if the economy continues to show signs of rapid improvement, according to minutes from the meeting released last week.Heading into the last full trading week of the month, the Dow is on track to post a gain for May, while the S&P is on track to snap a three-month winning streak. The Nasdaq Composite, which is down more than 3% for the month, is on track to snap its longest monthly winning streak since Jan. 2018, with its first negative month in seven.After outperforming year-to-date, small caps have faced recent weakness, and the Russell 2000 is on track to snap a seven-month winning streak.“We think the choppy/sideways trend will continue for a bit longer, and the market will experience sell-off scares along the way,” noted Adam Crisafulli, founder of Vital Knowledge. “While stocks are absorbing a lot of changes well so far, all the inflection points still have longer to play 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haha...","listText":"我是米粉 haha...","text":"我是米粉 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href=\"https://laohu8.com/S/ODBU.SI\">$UtdHampshReitUSD(ODBU.SI)$</a>潜力股","text":"$UtdHampshReitUSD(ODBU.SI)$潜力股","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/134219799","isVote":1,"tweetType":1,"viewCount":3314,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":134016322,"gmtCreate":1622191855766,"gmtModify":1631893533063,"author":{"id":"3584839794199440","authorId":"3584839794199440","name":"121711b8","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3584839794199440","idStr":"3584839794199440"},"themes":[],"title":"","htmlText":"事事难料","listText":"事事难料","text":"事事难料","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/134016322","repostId":"1176451656","repostType":4,"isVote":1,"tweetType":1,"viewCount":3514,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":166645972,"gmtCreate":1624008423196,"gmtModify":1631893533046,"author":{"id":"3584839794199440","authorId":"3584839794199440","name":"121711b8","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3584839794199440","idStr":"3584839794199440"},"themes":[],"title":"","htmlText":"//<a href=\"https://laohu8.com/U/3585015704454479\">@月亮湾湾照狮城</a>: [Money Fans] &nbsp; [Money Fans] &nbsp;","listText":"//<a href=\"https://laohu8.com/U/3585015704454479\">@月亮湾湾照狮城</a>: [Money Fans] &nbsp; [Money Fans] &nbsp;","text":"//@月亮湾湾照狮城: [Money Fans] [Money Fans]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/166645972","repostId":"1145996523","repostType":4,"repost":{"id":"1145996523","kind":"news","pubTimestamp":1623751116,"share":"https://www.laohu8.com/m/news/1145996523?lang=zh_CN&edition=full","pubTime":"2021-06-15 17:58","market":"us","language":"en","title":"Investors and the Fed aren't freaking out about inflation. Should they?<blockquote>投资者和美联储并没有对通胀感到恐慌。他们应该吗？</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1145996523","media":"cnn","summary":"New York (CNN Business)There is a gigantic disconnect between Main Street and Wall Street when it co","content":"<p>New York (CNN Business)There is a gigantic disconnect between Main Street and Wall Street when it comes to inflation. Something's got to give.</p><p><blockquote>纽约（CNN Business）在通货膨胀方面，大街和华尔街之间存在巨大的脱节。总得有所让步。</blockquote></p><p> The US government reported last week that consumer prices, excluding food and energy, rose at their fastest clip since 1992 in May. Sherwin-Williams (SHW) is lifting the price of paint, one of many companies that's responding to higher commodities costs.</p><p><blockquote>美国政府上周报告称，5月份不包括食品和能源的消费者价格涨幅为1992年以来最快。宣伟(SHW)正在提高油漆价格，这是众多应对大宗商品成本上涨的公司之一。</blockquote></p><p> Food prices are also surging. Chipotle (CMG) just raised prices. So did Campbell Soup (CPB).</p><p><blockquote>食品价格也在飙升。Chipotle(CMG)刚刚提高了价格。金宝汤（CPB）也是如此。</blockquote></p><p> And the chief financial officer of restaurant and arcade chain Dave &amp; Buster's (PLAY) said during a recent earnings call with analysts that he expects a 6% to 8% increase in food costs for 2021 due to higher chicken, beef and dairy prices.</p><p><blockquote>餐厅和街机连锁店Dave&amp;Buster's(PLAY)的首席财务官在最近与分析师举行的财报看涨期权上表示，由于鸡肉、牛肉和乳制品价格上涨，他预计2021年食品成本将上涨6%至8%。</blockquote></p><p> Wages are rising too, especially for workers in the retail, leisure and hospitality sectors that are returning to jobs as the economy reopens. That adds to inflationary pressures, because some companies will choose to hike prices in order to maintain profits.</p><p><blockquote>工资也在上涨，尤其是随着经济重新开放而重返工作岗位的零售、休闲和酒店行业的工人。这增加了通胀压力，因为一些公司会选择提高价格以维持利润。</blockquote></p><p> Labor shortages aren't helping.</p><p><blockquote>劳动力短缺无济于事。</blockquote></p><p> The CEO of online pet retailer Chewy (CHWY) wrote in a letter to shareholders after its latest earnings report that it \"faced labor shortages in our fulfillment centers similar to those being faced by many companies nationwide.\" As a result, Chewy continues \"to invest in higher wages and benefits\" in order to fill job vacancies.</p><p><blockquote>在线宠物零售商Chewy(CHWY)的首席执行官在最新财报发布后致股东的一封信中写道，该公司“面临着与全国许多公司类似的劳动力短缺问题”。因此，Chewy继续“投资于更高的工资和福利”，以填补职位空缺。</blockquote></p><p> Yet investors — and the Federal Reserve — are shrugging off rising inflation as \"transitory.\" Long-term bond yields are falling, which isn't what normally happens when inflation runs hot. If bond investors believed that price hikes are here to stay, they'd be demanding higher yields.</p><p><blockquote>然而，投资者和美联储对通胀上升不屑一顾，认为这是“暂时的”。长期债券收益率正在下降，这通常不会在通胀加剧时发生。如果债券投资者认为价格上涨将持续下去，他们就会要求更高的收益率。</blockquote></p><p> And the market is pricing in just a 3% chance of a rate hike from the Fed by the end of the year. That's down from a 10% likelihood of higher rates just a month ago. Investors know a rate hike is the central bank's best tool to fight rising inflation, and they'll want to hear more on the subject when Fed chair Jerome Powell speaks at a press conference on Wednesday.</p><p><blockquote>市场预计美联储年底加息的可能性仅为3%。这低于一个月前10%的加息可能性。投资者知道加息是央行对抗通胀上升的最佳工具，当美联储主席杰罗姆·鲍威尔在周三的新闻发布会上发表讲话时，他们希望听到更多有关该主题的信息。</blockquote></p><p> \"The bond market is still not concerned about inflation. It's buying what the Fed is selling,\" said Randy Warren, CEO of Warren Financial.</p><p><blockquote>沃伦金融公司首席执行官兰迪·沃伦表示：“债券市场仍然不担心通胀。它正在购买美联储正在出售的东西。”</blockquote></p><p> The problem is that there is a chance the Fed could wait too long to react to inflation.</p><p><blockquote>问题是，美联储可能会等待太久才对通胀做出反应。</blockquote></p><p> \"Is inflation transitory or something more structural?\" asked Steven Oh, global head of credit and fixed income with PineBridge Investments. \"Will the Fed lose control of it down the road and make a policy error and not have the ability to rein it in?\"</p><p><blockquote>“通货膨胀是暂时的还是更具结构性的？”PineBridge Investments信贷和固定收益全球主管Steven Oh问道。“美联储将来会失去对它的控制，犯政策错误，没有能力控制它吗？”</blockquote></p><p> If the Fed and bond market are wrong about inflation, the central bank may have to wind down its pandemic stimulus much more quickly than it — and investors — would like. That would mean unwinding its big asset purchases and raising rates sooner rather than later.</p><p><blockquote>如果美联储和债券市场对通胀的看法是错误的，那么央行可能不得不以比其和投资者希望的更快的速度结束疫情刺激措施。这将意味着取消大规模资产购买并尽早加息。</blockquote></p><p> Oh doesn't think that will be the case. And many others agree. They argue that investors must keep in mind how rapidly the economy has roared back.</p><p><blockquote>哦，我不认为会是这样。许多其他人也同意。他们认为，投资者必须牢记经济复苏的速度有多快。</blockquote></p><p> For that reason, it should not be that big of a surprise that there are dislocations in the job market and supply chain. It will take time for conditions to revert to what they were like in late 2019 and early 2020 before Covid-19.</p><p><blockquote>因此，就业市场和供应链出现混乱也就不足为奇了。恢复到2019年底和2020年初新冠肺炎之前的水平需要时间。</blockquote></p><p> \"There are a lot of questions about inflation because you see it in everyday life,\" said Bryan Koslow, principal of Clarus Group, a wealth management firm. \"But we may have seen the peak, especially in terms of wage growth.\"</p><p><blockquote>财富管理公司Clarus Group的负责人布莱恩·科斯洛(Bryan Koslow)表示：“关于通货膨胀有很多问题，因为你在日常生活中都会看到它。”“但我们可能已经看到了峰值，尤其是在工资增长方面。”</blockquote></p><p> Even if that does turn out to be true, the mere fact that investors and consumers are so focused on prices is noteworthy. Inflation has essentially been a non-issue for more than a decade.</p><p><blockquote>即使事实证明这是真的，投资者和消费者如此关注价格这一事实也值得注意。十多年来，通货膨胀基本上不是问题。</blockquote></p><p> \"The Fed has to take the inflation concerns seriously,\" said Troy Gayeski, co-chief investment officer and senior portfolio manager at SkyBridge Capital. He added that he thinks there is a 20% chance that inflation pressures turn out to be more persistent as opposed to transitory.</p><p><blockquote>SkyBridge Capital联席首席投资官兼高级投资组合经理Troy Gayeski表示：“美联储必须认真对待通胀担忧。”他补充说，他认为通胀压力有20%的可能性变得更加持久，而不是暂时的。</blockquote></p><p> \"The risk of meaningful inflation has been non-existent since 2008. Until now,\" Gayeski said.</p><p><blockquote>“自2008年以来，有意义的通胀风险一直不存在。直到现在，”Gayeski说。</blockquote></p><p> <b>What's getting more expensive</b></p><p><blockquote><b>什么越来越贵</b></blockquote></p><p> Food and paint aren't the only things getting more expensive. As CNN Business' Moira Ritter points out, the prices of just about everything have gone up lately.</p><p><blockquote>食物和油漆并不是唯一变得更贵的东西。正如CNN商业频道的莫伊拉·里特(Moira Ritter)指出的那样，最近几乎所有东西的价格都在上涨。</blockquote></p><p> Lumber prices have soared. And the housing market continues to boom. That's led to a big spike in the prices of couches and other household furnishings.</p><p><blockquote>木材价格飙升。房地产市场继续繁荣。这导致沙发和其他家居用品的价格大幅上涨。</blockquote></p><p> Used cars are a lot more expensive too. Chalk that up to people returning to work and a dearth of new cars on dealership lots due to the chip supply shortage that has hurt production of new vehicles.</p><p><blockquote>二手车也贵得多。这归因于人们重返工作岗位，以及由于芯片供应短缺损害了新车的生产，经销商处新车短缺。</blockquote></p><p> People are traveling more as well. Airfares have shot up in anticipation of what some are dubbing the red hot vaccine summer.</p><p><blockquote>人们也越来越多地旅行。由于预期一些人所说的“炙手可热的疫苗之夏”，机票价格飙升。</blockquote></p><p> <b>Up next</b></p><p><blockquote><b>下一个</b></blockquote></p><p> <b>Tuesday: </b>US retail sales; US producer price index; Earnings from Oracle (ORCL) and H &amp; R Block (HRB)</p><p><blockquote><b>星期二：</b>美国零售额；美国生产者价格指数；Oracle(ORCL)和H&amp;R Block(HRB)的收益</blockquote></p><p> <b>Wednesday: </b>Federal Reserve rate decision; US housing starts and building permits; EIA crude oil inventories; Earnings from Lennar (LEN)</p><p><blockquote><b>星期三：</b>美联储利率决定；美国新屋开工和建筑许可；EIA原油库存；Lennar(LEN)的收益</blockquote></p><p></p><p> <b>Thursday: </b>US jobless claims; Earnings from Kroger (KR) and Adobe (ADBE)</p><p><blockquote><b>星期四：</b>美国初请失业金人数；克罗格(KR)和Adobe(ADBE)的收益</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>Investors and the Fed aren't freaking out about inflation. Should they?<blockquote>投资者和美联储并没有对通胀感到恐慌。他们应该吗？</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nInvestors and the Fed aren't freaking out about inflation. Should they?<blockquote>投资者和美联储并没有对通胀感到恐慌。他们应该吗？</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">cnn</strong><span class=\"h-time small\">2021-06-15 17:58</span>\n</p>\n</h4>\n</header>\n<article>\n<p>New York (CNN Business)There is a gigantic disconnect between Main Street and Wall Street when it comes to inflation. Something's got to give.</p><p><blockquote>纽约（CNN Business）在通货膨胀方面，大街和华尔街之间存在巨大的脱节。总得有所让步。</blockquote></p><p> The US government reported last week that consumer prices, excluding food and energy, rose at their fastest clip since 1992 in May. Sherwin-Williams (SHW) is lifting the price of paint, one of many companies that's responding to higher commodities costs.</p><p><blockquote>美国政府上周报告称，5月份不包括食品和能源的消费者价格涨幅为1992年以来最快。宣伟(SHW)正在提高油漆价格，这是众多应对大宗商品成本上涨的公司之一。</blockquote></p><p> Food prices are also surging. Chipotle (CMG) just raised prices. So did Campbell Soup (CPB).</p><p><blockquote>食品价格也在飙升。Chipotle(CMG)刚刚提高了价格。金宝汤（CPB）也是如此。</blockquote></p><p> And the chief financial officer of restaurant and arcade chain Dave &amp; Buster's (PLAY) said during a recent earnings call with analysts that he expects a 6% to 8% increase in food costs for 2021 due to higher chicken, beef and dairy prices.</p><p><blockquote>餐厅和街机连锁店Dave&amp;Buster's(PLAY)的首席财务官在最近与分析师举行的财报看涨期权上表示，由于鸡肉、牛肉和乳制品价格上涨，他预计2021年食品成本将上涨6%至8%。</blockquote></p><p> Wages are rising too, especially for workers in the retail, leisure and hospitality sectors that are returning to jobs as the economy reopens. That adds to inflationary pressures, because some companies will choose to hike prices in order to maintain profits.</p><p><blockquote>工资也在上涨，尤其是随着经济重新开放而重返工作岗位的零售、休闲和酒店行业的工人。这增加了通胀压力，因为一些公司会选择提高价格以维持利润。</blockquote></p><p> Labor shortages aren't helping.</p><p><blockquote>劳动力短缺无济于事。</blockquote></p><p> The CEO of online pet retailer Chewy (CHWY) wrote in a letter to shareholders after its latest earnings report that it \"faced labor shortages in our fulfillment centers similar to those being faced by many companies nationwide.\" As a result, Chewy continues \"to invest in higher wages and benefits\" in order to fill job vacancies.</p><p><blockquote>在线宠物零售商Chewy(CHWY)的首席执行官在最新财报发布后致股东的一封信中写道，该公司“面临着与全国许多公司类似的劳动力短缺问题”。因此，Chewy继续“投资于更高的工资和福利”，以填补职位空缺。</blockquote></p><p> Yet investors — and the Federal Reserve — are shrugging off rising inflation as \"transitory.\" Long-term bond yields are falling, which isn't what normally happens when inflation runs hot. If bond investors believed that price hikes are here to stay, they'd be demanding higher yields.</p><p><blockquote>然而，投资者和美联储对通胀上升不屑一顾，认为这是“暂时的”。长期债券收益率正在下降，这通常不会在通胀加剧时发生。如果债券投资者认为价格上涨将持续下去，他们就会要求更高的收益率。</blockquote></p><p> And the market is pricing in just a 3% chance of a rate hike from the Fed by the end of the year. That's down from a 10% likelihood of higher rates just a month ago. Investors know a rate hike is the central bank's best tool to fight rising inflation, and they'll want to hear more on the subject when Fed chair Jerome Powell speaks at a press conference on Wednesday.</p><p><blockquote>市场预计美联储年底加息的可能性仅为3%。这低于一个月前10%的加息可能性。投资者知道加息是央行对抗通胀上升的最佳工具，当美联储主席杰罗姆·鲍威尔在周三的新闻发布会上发表讲话时，他们希望听到更多有关该主题的信息。</blockquote></p><p> \"The bond market is still not concerned about inflation. It's buying what the Fed is selling,\" said Randy Warren, CEO of Warren Financial.</p><p><blockquote>沃伦金融公司首席执行官兰迪·沃伦表示：“债券市场仍然不担心通胀。它正在购买美联储正在出售的东西。”</blockquote></p><p> The problem is that there is a chance the Fed could wait too long to react to inflation.</p><p><blockquote>问题是，美联储可能会等待太久才对通胀做出反应。</blockquote></p><p> \"Is inflation transitory or something more structural?\" asked Steven Oh, global head of credit and fixed income with PineBridge Investments. \"Will the Fed lose control of it down the road and make a policy error and not have the ability to rein it in?\"</p><p><blockquote>“通货膨胀是暂时的还是更具结构性的？”PineBridge Investments信贷和固定收益全球主管Steven Oh问道。“美联储将来会失去对它的控制，犯政策错误，没有能力控制它吗？”</blockquote></p><p> If the Fed and bond market are wrong about inflation, the central bank may have to wind down its pandemic stimulus much more quickly than it — and investors — would like. That would mean unwinding its big asset purchases and raising rates sooner rather than later.</p><p><blockquote>如果美联储和债券市场对通胀的看法是错误的，那么央行可能不得不以比其和投资者希望的更快的速度结束疫情刺激措施。这将意味着取消大规模资产购买并尽早加息。</blockquote></p><p> Oh doesn't think that will be the case. And many others agree. They argue that investors must keep in mind how rapidly the economy has roared back.</p><p><blockquote>哦，我不认为会是这样。许多其他人也同意。他们认为，投资者必须牢记经济复苏的速度有多快。</blockquote></p><p> For that reason, it should not be that big of a surprise that there are dislocations in the job market and supply chain. It will take time for conditions to revert to what they were like in late 2019 and early 2020 before Covid-19.</p><p><blockquote>因此，就业市场和供应链出现混乱也就不足为奇了。恢复到2019年底和2020年初新冠肺炎之前的水平需要时间。</blockquote></p><p> \"There are a lot of questions about inflation because you see it in everyday life,\" said Bryan Koslow, principal of Clarus Group, a wealth management firm. \"But we may have seen the peak, especially in terms of wage growth.\"</p><p><blockquote>财富管理公司Clarus Group的负责人布莱恩·科斯洛(Bryan Koslow)表示：“关于通货膨胀有很多问题，因为你在日常生活中都会看到它。”“但我们可能已经看到了峰值，尤其是在工资增长方面。”</blockquote></p><p> Even if that does turn out to be true, the mere fact that investors and consumers are so focused on prices is noteworthy. Inflation has essentially been a non-issue for more than a decade.</p><p><blockquote>即使事实证明这是真的，投资者和消费者如此关注价格这一事实也值得注意。十多年来，通货膨胀基本上不是问题。</blockquote></p><p> \"The Fed has to take the inflation concerns seriously,\" said Troy Gayeski, co-chief investment officer and senior portfolio manager at SkyBridge Capital. He added that he thinks there is a 20% chance that inflation pressures turn out to be more persistent as opposed to transitory.</p><p><blockquote>SkyBridge Capital联席首席投资官兼高级投资组合经理Troy Gayeski表示：“美联储必须认真对待通胀担忧。”他补充说，他认为通胀压力有20%的可能性变得更加持久，而不是暂时的。</blockquote></p><p> \"The risk of meaningful inflation has been non-existent since 2008. Until now,\" Gayeski said.</p><p><blockquote>“自2008年以来，有意义的通胀风险一直不存在。直到现在，”Gayeski说。</blockquote></p><p> <b>What's getting more expensive</b></p><p><blockquote><b>什么越来越贵</b></blockquote></p><p> Food and paint aren't the only things getting more expensive. As CNN Business' Moira Ritter points out, the prices of just about everything have gone up lately.</p><p><blockquote>食物和油漆并不是唯一变得更贵的东西。正如CNN商业频道的莫伊拉·里特(Moira Ritter)指出的那样，最近几乎所有东西的价格都在上涨。</blockquote></p><p> Lumber prices have soared. And the housing market continues to boom. That's led to a big spike in the prices of couches and other household furnishings.</p><p><blockquote>木材价格飙升。房地产市场继续繁荣。这导致沙发和其他家居用品的价格大幅上涨。</blockquote></p><p> Used cars are a lot more expensive too. Chalk that up to people returning to work and a dearth of new cars on dealership lots due to the chip supply shortage that has hurt production of new vehicles.</p><p><blockquote>二手车也贵得多。这归因于人们重返工作岗位，以及由于芯片供应短缺损害了新车的生产，经销商处新车短缺。</blockquote></p><p> People are traveling more as well. Airfares have shot up in anticipation of what some are dubbing the red hot vaccine summer.</p><p><blockquote>人们也越来越多地旅行。由于预期一些人所说的“炙手可热的疫苗之夏”，机票价格飙升。</blockquote></p><p> <b>Up next</b></p><p><blockquote><b>下一个</b></blockquote></p><p> <b>Tuesday: </b>US retail sales; US producer price index; Earnings from Oracle (ORCL) and H &amp; R Block (HRB)</p><p><blockquote><b>星期二：</b>美国零售额；美国生产者价格指数；Oracle(ORCL)和H&amp;R Block(HRB)的收益</blockquote></p><p> <b>Wednesday: </b>Federal Reserve rate decision; US housing starts and building permits; EIA crude oil inventories; Earnings from Lennar (LEN)</p><p><blockquote><b>星期三：</b>美联储利率决定；美国新屋开工和建筑许可；EIA原油库存；Lennar(LEN)的收益</blockquote></p><p></p><p> <b>Thursday: </b>US jobless claims; Earnings from Kroger (KR) and Adobe (ADBE)</p><p><blockquote><b>星期四：</b>美国初请失业金人数；克罗格(KR)和Adobe(ADBE)的收益</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://edition.cnn.com/2021/06/13/investing/stocks-week-ahead/index.html\">cnn</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":{".IXIC":"NASDAQ Composite",".DJI":"道琼斯","SPY":"标普500ETF",".SPX":"S&P 500 Index"},"source_url":"https://edition.cnn.com/2021/06/13/investing/stocks-week-ahead/index.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1145996523","content_text":"New York (CNN Business)There is a gigantic disconnect between Main Street and Wall Street when it comes to inflation. Something's got to give.\nThe US government reported last week that consumer prices, excluding food and energy, rose at their fastest clip since 1992 in May. Sherwin-Williams (SHW) is lifting the price of paint, one of many companies that's responding to higher commodities costs.\nFood prices are also surging. Chipotle (CMG) just raised prices. So did Campbell Soup (CPB).\nAnd the chief financial officer of restaurant and arcade chain Dave & Buster's (PLAY) said during a recent earnings call with analysts that he expects a 6% to 8% increase in food costs for 2021 due to higher chicken, beef and dairy prices.\nWages are rising too, especially for workers in the retail, leisure and hospitality sectors that are returning to jobs as the economy reopens. That adds to inflationary pressures, because some companies will choose to hike prices in order to maintain profits.\nLabor shortages aren't helping.\nThe CEO of online pet retailer Chewy (CHWY) wrote in a letter to shareholders after its latest earnings report that it \"faced labor shortages in our fulfillment centers similar to those being faced by many companies nationwide.\" As a result, Chewy continues \"to invest in higher wages and benefits\" in order to fill job vacancies.\nYet investors — and the Federal Reserve — are shrugging off rising inflation as \"transitory.\" Long-term bond yields are falling, which isn't what normally happens when inflation runs hot. If bond investors believed that price hikes are here to stay, they'd be demanding higher yields.\nAnd the market is pricing in just a 3% chance of a rate hike from the Fed by the end of the year. That's down from a 10% likelihood of higher rates just a month ago. Investors know a rate hike is the central bank's best tool to fight rising inflation, and they'll want to hear more on the subject when Fed chair Jerome Powell speaks at a press conference on Wednesday.\n\"The bond market is still not concerned about inflation. It's buying what the Fed is selling,\" said Randy Warren, CEO of Warren Financial.\nThe problem is that there is a chance the Fed could wait too long to react to inflation.\n\"Is inflation transitory or something more structural?\" asked Steven Oh, global head of credit and fixed income with PineBridge Investments. \"Will the Fed lose control of it down the road and make a policy error and not have the ability to rein it in?\"\nIf the Fed and bond market are wrong about inflation, the central bank may have to wind down its pandemic stimulus much more quickly than it — and investors — would like. That would mean unwinding its big asset purchases and raising rates sooner rather than later.\nOh doesn't think that will be the case. And many others agree. They argue that investors must keep in mind how rapidly the economy has roared back.\nFor that reason, it should not be that big of a surprise that there are dislocations in the job market and supply chain. It will take time for conditions to revert to what they were like in late 2019 and early 2020 before Covid-19.\n\"There are a lot of questions about inflation because you see it in everyday life,\" said Bryan Koslow, principal of Clarus Group, a wealth management firm. \"But we may have seen the peak, especially in terms of wage growth.\"\nEven if that does turn out to be true, the mere fact that investors and consumers are so focused on prices is noteworthy. Inflation has essentially been a non-issue for more than a decade.\n\"The Fed has to take the inflation concerns seriously,\" said Troy Gayeski, co-chief investment officer and senior portfolio manager at SkyBridge Capital. He added that he thinks there is a 20% chance that inflation pressures turn out to be more persistent as opposed to transitory.\n\"The risk of meaningful inflation has been non-existent since 2008. Until now,\" Gayeski said.\nWhat's getting more expensive\nFood and paint aren't the only things getting more expensive. As CNN Business' Moira Ritter points out, the prices of just about everything have gone up lately.\nLumber prices have soared. And the housing market continues to boom. That's led to a big spike in the prices of couches and other household furnishings.\nUsed cars are a lot more expensive too. Chalk that up to people returning to work and a dearth of new cars on dealership lots due to the chip supply shortage that has hurt production of new vehicles.\nPeople are traveling more as well. Airfares have shot up in anticipation of what some are dubbing the red hot vaccine summer.\nUp next\nTuesday: US retail sales; US producer price index; Earnings from Oracle (ORCL) and H & R Block (HRB)\nWednesday: Federal Reserve rate decision; US housing starts and building permits; EIA crude oil inventories; Earnings from Lennar (LEN)\nThursday: US jobless claims; Earnings from Kroger (KR) and Adobe (ADBE)","news_type":1,"symbols_score_info":{".IXIC":0.9,".SPX":0.9,".DJI":0.9,"SPY":0.9}},"isVote":1,"tweetType":1,"viewCount":2918,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":131641954,"gmtCreate":1621858957178,"gmtModify":1634186050877,"author":{"id":"3584839794199440","authorId":"3584839794199440","name":"121711b8","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3584839794199440","idStr":"3584839794199440"},"themes":[],"title":"","htmlText":"Great","listText":"Great","text":"Great","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/131641954","repostId":"1121978485","repostType":4,"isVote":1,"tweetType":1,"viewCount":905,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}