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2021-12-30

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U.S. Stocks Open Flat as Dow Aims to Extend Its 5-day Winning Streak<blockquote>美股平开道指欲延续5日连涨</blockquote>

2021-12-28

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2021-12-23

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2021-12-22

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Melco Partners With Marriott To Develop W Hotel In Macau<blockquote>新濠与万豪合作开发澳门W酒店</blockquote>

2021-12-21

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Nio Is Now Down 58% From Its High. Is It a Buy?<blockquote>蔚来目前较高点下跌58%。是买吗？</blockquote>

2021-12-19

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Microsoft's top priority for 2022? It could be data management<blockquote>微软2022年的首要任务？可能是数据管理</blockquote>

2021-12-18

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2021-12-16

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Vir Biotechnology continued to gain over 7% in morning trading after showing neutralizing activity against omicron<blockquote>Vir Biotechnology在显示出对奥密克戎的中和活性后，早盘继续上涨超过7%</blockquote>

2021-12-14

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Why Nvidia Stock Keeps Dropping<blockquote>英伟达股价为何持续下跌</blockquote>

2021-12-13

All the best

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2021-12-12

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2021-12-11

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2021-12-09

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U.S. stock indexes pull back modestly at Thursday's open, poised to snap 3-day string of gains<blockquote>美国股指周四开盘小幅回调，有望snap连续三天上涨</blockquote>

2021-12-08

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Some crypto stocks corrected in premarket trading<blockquote>一些加密货币股票在盘前交易中调整</blockquote>

2021-12-07

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CrowdStrike Stock: What To Consider After Recent Earnings<blockquote>CrowdStrike股票：近期盈利后需要考虑什么</blockquote>

2021-12-06

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Bitcoin plunged over the weekend. Here’s Why.<blockquote>比特币周末暴跌。原因如下。</blockquote>

2021-12-05

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2021-12-03

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2021-12-02

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2021-11-30

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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":1640788306,"share":"https://www.laohu8.com/m/news/1152526674?lang=zh_CN&edition=full","pubTime":"2021-12-29 22:31","market":"us","language":"en","title":"U.S. Stocks Open Flat as Dow Aims to Extend Its 5-day Winning Streak<blockquote>美股平开道指欲延续5日连涨</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1152526674","media":"Tiger Newspress","summary":"U.S. stocks were little changed early Wednesday morning following a mixed session as traders continu","content":"<p><html><head></head><body>U.S. stocks were little changed early Wednesday morning following a mixed session as traders continued to assess the threat of the omicron Covid-19 variant.</p><p><blockquote><html><head></head><body>周三早盘，美国股市涨跌互现，交易员继续评估奥密克戎Covid-19变种的威胁。</body></html></blockquote></p><p>The Dow Jones Industrial Average traded near the flatline. The S&amp;P 500 moved marginally higher and the Nasdaq Composite ticked up 0.2%.</p><p><blockquote>道琼斯工业平均指数在持平线附近交易。标普500小幅走高，纳斯达克综合指数上涨0.2%。</blockquote></p><p>The U.S. has confirmed more than 4.1 million Covid cases this month, according to data from Johns Hopkins University. That’s well above November’s tally of 2.54 million. The country’s seven-day average of cases is also at 231,888 cases, more than triple the mean from Nov. 27.</p><p><blockquote>根据约翰·霍普金斯大学的数据，美国本月已确认超过410万例新冠病例。这远高于11月份的254万人。该国7天平均病例数也为231,888例，是11月27日平均值的三倍多。</blockquote></p><p>However, the Centers for Disease Control and Prevention this week shortened its isolation recommendation for people who test positive from 10 days to five if they don’t have symptoms. Research from South Africa also suggests that omicron infections can boost immunity against the delta variant.</p><p><blockquote>然而，疾病控制和预防中心本周将对检测呈阳性的人的隔离建议从10天缩短到5天（如果他们没有症状）。来自南非的研究还表明，奥密克戎感染可以增强对德尔塔变异毒株的免疫力。</blockquote></p><p>Stocks were under pressure in late November, when news of the omicron variant first broke. They have since rebounded, however, with the S&amp;P 500 up 4.8% for December.</p><p><blockquote>11月底，当奥密克戎变种的消息首次传出时，股市面临压力。然而，此后它们有所反弹，12月份标普500上涨了4.8%。</blockquote></p><p>The market has shown resiliency in the past few weeks as traders weigh the omicron variant and potentially tighter monetary policy from the Federal Reserve next year, Virtus Investment Partners’ Joe Terranova told CNBC’s “Closing Bell” on Monday.</p><p><blockquote>Virtus Investment Partners的Joe Terranova周一在CNBC的“收盘钟声”节目中表示，随着交易员权衡奥密克戎变体和美联储明年可能收紧的货币政策，市场在过去几周表现出了弹性。</blockquote></p><p>He noted, though, that the “risk profile of the market is clearly changing” due to the potential for higher volatility in the new year.</p><p><blockquote>不过，他指出，由于新的一年波动性可能会更大，“市场的风险状况正在明显发生变化”。</blockquote></p><p>The market is “gravitating toward a more qualitative holding,” Terranova said. “I don’t think the market wants the speculative areas in which investors have been rewarded the last couple of years. That’s the hyper-growth stocks.”</p><p><blockquote>泰拉诺瓦表示，市场“倾向于更高质量的持有”。“我认为市场不想要过去几年投资者获得回报的投机领域。那就是高速增长的股票。”</blockquote></p><p>In the premarket Wednesday, Tesla shares rose after financial filings published late Tuesday showed CEO Elon Musk sold another 934,090 shares, or about $1.02 billion worth of his holdings, in the electric vehicle company.</p><p><blockquote>周三盘前，特斯拉股价上涨，此前周二晚间公布的财务文件显示，首席执行官Elon Musk又出售了这家电动汽车公司的934,090股股票，价值约10.2亿美元。</blockquote></p><p>During the regular trading session, the Dow notched its fifth straight day of gains, rising more than 90 points. The S&amp;P 500 eked out an intraday record before closing lower on the day. The Nasdaq Composite lagged, falling 0.6%.</p><p><blockquote>在常规交易时段，道指连续第五天上涨，涨幅超过90点。标普500在当天收盘走低之前勉强创下了盘中纪录。纳斯达克综合指数表现落后，下跌0.6%。</blockquote></p><p>The “Santa Claus rally” period encompass the last five trading days of December and the first five of January. This is a historically strong period for the market, with the S&amp;P 500 averaging a return of 1.7% since 1928.</p><p><blockquote>“圣诞老人反弹”期包括12月的最后五个交易日和1月的前五个交易日。这是市场历史上的强劲时期，自1928年以来，标普500的平均回报率为1.7%。</blockquote></p><p></body></html></p><p><blockquote></blockquote></p><p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>U.S. Stocks Open Flat as Dow Aims to Extend Its 5-day Winning Streak<blockquote>美股平开道指欲延续5日连涨</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\">\nU.S. Stocks Open Flat as Dow Aims to Extend Its 5-day Winning Streak<blockquote>美股平开道指欲延续5日连涨</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\">2021-12-29 22:31</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p><html><head></head><body>U.S. stocks were little changed early Wednesday morning following a mixed session as traders continued to assess the threat of the omicron Covid-19 variant.</p><p><blockquote><html><head></head><body>周三早盘，美国股市涨跌互现，交易员继续评估奥密克戎Covid-19变种的威胁。</body></html></blockquote></p><p>The Dow Jones Industrial Average traded near the flatline. The S&amp;P 500 moved marginally higher and the Nasdaq Composite ticked up 0.2%.</p><p><blockquote>道琼斯工业平均指数在持平线附近交易。标普500小幅走高，纳斯达克综合指数上涨0.2%。</blockquote></p><p>The U.S. has confirmed more than 4.1 million Covid cases this month, according to data from Johns Hopkins University. That’s well above November’s tally of 2.54 million. The country’s seven-day average of cases is also at 231,888 cases, more than triple the mean from Nov. 27.</p><p><blockquote>根据约翰·霍普金斯大学的数据，美国本月已确认超过410万例新冠病例。这远高于11月份的254万人。该国7天平均病例数也为231,888例，是11月27日平均值的三倍多。</blockquote></p><p>However, the Centers for Disease Control and Prevention this week shortened its isolation recommendation for people who test positive from 10 days to five if they don’t have symptoms. Research from South Africa also suggests that omicron infections can boost immunity against the delta variant.</p><p><blockquote>然而，疾病控制和预防中心本周将对检测呈阳性的人的隔离建议从10天缩短到5天（如果他们没有症状）。来自南非的研究还表明，奥密克戎感染可以增强对德尔塔变异毒株的免疫力。</blockquote></p><p>Stocks were under pressure in late November, when news of the omicron variant first broke. They have since rebounded, however, with the S&amp;P 500 up 4.8% for December.</p><p><blockquote>11月底，当奥密克戎变种的消息首次传出时，股市面临压力。然而，此后它们有所反弹，12月份标普500上涨了4.8%。</blockquote></p><p>The market has shown resiliency in the past few weeks as traders weigh the omicron variant and potentially tighter monetary policy from the Federal Reserve next year, Virtus Investment Partners’ Joe Terranova told CNBC’s “Closing Bell” on Monday.</p><p><blockquote>Virtus Investment Partners的Joe Terranova周一在CNBC的“收盘钟声”节目中表示，随着交易员权衡奥密克戎变体和美联储明年可能收紧的货币政策，市场在过去几周表现出了弹性。</blockquote></p><p>He noted, though, that the “risk profile of the market is clearly changing” due to the potential for higher volatility in the new year.</p><p><blockquote>不过，他指出，由于新的一年波动性可能会更大，“市场的风险状况正在明显发生变化”。</blockquote></p><p>The market is “gravitating toward a more qualitative holding,” Terranova said. “I don’t think the market wants the speculative areas in which investors have been rewarded the last couple of years. That’s the hyper-growth stocks.”</p><p><blockquote>泰拉诺瓦表示，市场“倾向于更高质量的持有”。“我认为市场不想要过去几年投资者获得回报的投机领域。那就是高速增长的股票。”</blockquote></p><p>In the premarket Wednesday, Tesla shares rose after financial filings published late Tuesday showed CEO Elon Musk sold another 934,090 shares, or about $1.02 billion worth of his holdings, in the electric vehicle company.</p><p><blockquote>周三盘前，特斯拉股价上涨，此前周二晚间公布的财务文件显示，首席执行官Elon Musk又出售了这家电动汽车公司的934,090股股票，价值约10.2亿美元。</blockquote></p><p>During the regular trading session, the Dow notched its fifth straight day of gains, rising more than 90 points. The S&amp;P 500 eked out an intraday record before closing lower on the day. The Nasdaq Composite lagged, falling 0.6%.</p><p><blockquote>在常规交易时段，道指连续第五天上涨，涨幅超过90点。标普500在当天收盘走低之前勉强创下了盘中纪录。纳斯达克综合指数表现落后，下跌0.6%。</blockquote></p><p>The “Santa Claus rally” period encompass the last five trading days of December and the first five of January. This is a historically strong period for the market, with the S&amp;P 500 averaging a return of 1.7% since 1928.</p><p><blockquote>“圣诞老人反弹”期包括12月的最后五个交易日和1月的前五个交易日。这是市场历史上的强劲时期，自1928年以来，标普500的平均回报率为1.7%。</blockquote></p><p></body></html></p><p><blockquote></blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index",".DJI":"道琼斯"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1152526674","content_text":"U.S. stocks were little changed early Wednesday morning following a mixed session as traders continued to assess the threat of the omicron Covid-19 variant.The Dow Jones Industrial Average traded near the flatline. The S&P 500 moved marginally higher and the Nasdaq Composite ticked up 0.2%.The U.S. has confirmed more than 4.1 million Covid cases this month, according to data from Johns Hopkins University. That’s well above November’s tally of 2.54 million. The country’s seven-day average of cases is also at 231,888 cases, more than triple the mean from Nov. 27.However, the Centers for Disease Control and Prevention this week shortened its isolation recommendation for people who test positive from 10 days to five if they don’t have symptoms. Research from South Africa also suggests that omicron infections can boost immunity against the delta variant.Stocks were under pressure in late November, when news of the omicron variant first broke. They have since rebounded, however, with the S&P 500 up 4.8% for December.The market has shown resiliency in the past few weeks as traders weigh the omicron variant and potentially tighter monetary policy from the Federal Reserve next year, Virtus Investment Partners’ Joe Terranova told CNBC’s “Closing Bell” on Monday.He noted, though, that the “risk profile of the market is clearly changing” due to the potential for higher volatility in the new year.The market is “gravitating toward a more qualitative holding,” Terranova said. “I don’t think the market wants the speculative areas in which investors have been rewarded the last couple of years. That’s the hyper-growth stocks.”In the premarket Wednesday, Tesla shares rose after financial filings published late Tuesday showed CEO Elon Musk sold another 934,090 shares, or about $1.02 billion worth of his holdings, in the electric vehicle company.During the regular trading session, the Dow notched its fifth straight day of gains, rising more than 90 points. The S&P 500 eked out an intraday record before closing lower on the day. The Nasdaq Composite lagged, falling 0.6%.The “Santa Claus rally” period encompass the last five trading days of December and the first five of January. This is a historically strong period for the market, with the S&P 500 averaging a return of 1.7% since 1928.","news_type":1,"symbols_score_info":{".SPX":0.9,".DJI":0.9,".IXIC":0.9}},"isVote":1,"tweetType":1,"viewCount":2696,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":696215116,"gmtCreate":1640702102840,"gmtModify":1640702103029,"author":{"id":"3586473514667147","authorId":"3586473514667147","name":"gky","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3586473514667147","idStr":"3586473514667147"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/696215116","repostId":"2194555438","repostType":4,"isVote":1,"tweetType":1,"viewCount":3019,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":698045002,"gmtCreate":1640269282307,"gmtModify":1640269282478,"author":{"id":"3586473514667147","authorId":"3586473514667147","name":"gky","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3586473514667147","idStr":"3586473514667147"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/698045002","repostId":"1165632180","repostType":4,"isVote":1,"tweetType":1,"viewCount":3309,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":691614333,"gmtCreate":1640183226341,"gmtModify":1640183614305,"author":{"id":"3586473514667147","authorId":"3586473514667147","name":"gky","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3586473514667147","idStr":"3586473514667147"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/691614333","repostId":"1134560769","repostType":4,"repost":{"id":"1134560769","kind":"news","weMediaInfo":{"introduction":"Stock Market Quotes, Business News, Financial News, Trading Ideas, and Stock Research by Professionals","home_visible":0,"media_name":"Benzinga","id":"1052270027","head_image":"https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa"},"pubTimestamp":1640177374,"share":"https://www.laohu8.com/m/news/1134560769?lang=zh_CN&edition=full","pubTime":"2021-12-22 20:49","market":"us","language":"en","title":"Melco Partners With Marriott To Develop W Hotel In Macau<blockquote>新濠与万豪合作开发澳门W酒店</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1134560769","media":"Benzinga","summary":"Melco Resorts & Entertainment Ltd has entered into a strategic partnership with Marriott Internation","content":"<p><b>Melco Resorts &amp; Entertainment Ltd</b>&nbsp;has entered into a strategic partnership&nbsp;with&nbsp;<b>Marriott International Inc</b>&nbsp;to bring the W Hotels Worldwide brand to Studio City Phase 2 in Macau.</p><p><blockquote><b>新濠博亚娱乐有限公司</b>已与<b>万豪国际公司</b>将W Hotels Worldwide品牌引入澳门新濠影汇二期。</blockquote></p><p> W Macau - Studio City is scheduled to be open together with Studio City Phase 2 in December 2022.</p><p><blockquote>澳门新濠影汇计划于2022年12月与新濠影汇二期一同开业。</blockquote></p><p> The hotel will feature 557 guestrooms, including 127 suites and wellness facilities, a spa, fitness center, and indoor swimming pool.</p><p><blockquote>酒店将拥有557间客房，包括127间套房和健康设施、水疗中心、健身中心和室内游泳池。</blockquote></p><p> Studio City's hospitality offerings include indoor &amp; outdoor water parks, a six-screen Cineplex, residency shows, and state-of-the-art MICE space.</p><p><blockquote>影城的酒店服务包括室内和室外水上公园、六个屏幕的电影院、常驻表演和最先进的MICE空间。</blockquote></p><p> <b>Price Action:</b>&nbsp;MLCO shares closed higher by 9.99% at $9.91 on Tuesday.</p><p><blockquote><b>价格走势：</b>MLCO股价周二收盘上涨9.99%，至9.91美元。</blockquote></p><p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Melco Partners With Marriott To Develop W Hotel In Macau<blockquote>新濠与万豪合作开发澳门W酒店</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\">\nMelco Partners With Marriott To Develop W Hotel In Macau<blockquote>新濠与万豪合作开发澳门W酒店</blockquote>\n</h2>\n<h4 class=\"meta\">\n<div class=\"head\" \">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Benzinga </p>\n<p class=\"h-time smaller\">2021-12-22 20:49</p>\n</div>\n</div>\n</h4>\n</header>\n<article>\n<p><b>Melco Resorts &amp; Entertainment Ltd</b>&nbsp;has entered into a strategic partnership&nbsp;with&nbsp;<b>Marriott International Inc</b>&nbsp;to bring the W Hotels Worldwide brand to Studio City Phase 2 in Macau.</p><p><blockquote><b>新濠博亚娱乐有限公司</b>已与<b>万豪国际公司</b>将W Hotels Worldwide品牌引入澳门新濠影汇二期。</blockquote></p><p> W Macau - Studio City is scheduled to be open together with Studio City Phase 2 in December 2022.</p><p><blockquote>澳门新濠影汇计划于2022年12月与新濠影汇二期一同开业。</blockquote></p><p> The hotel will feature 557 guestrooms, including 127 suites and wellness facilities, a spa, fitness center, and indoor swimming pool.</p><p><blockquote>酒店将拥有557间客房，包括127间套房和健康设施、水疗中心、健身中心和室内游泳池。</blockquote></p><p> Studio City's hospitality offerings include indoor &amp; outdoor water parks, a six-screen Cineplex, residency shows, and state-of-the-art MICE space.</p><p><blockquote>影城的酒店服务包括室内和室外水上公园、六个屏幕的电影院、常驻表演和最先进的MICE空间。</blockquote></p><p> <b>Price Action:</b>&nbsp;MLCO shares closed higher by 9.99% at $9.91 on Tuesday.</p><p><blockquote><b>价格走势：</b>MLCO股价周二收盘上涨9.99%，至9.91美元。</blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"MAR":"万豪酒店","MLCO":"新濠博亚娱乐"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1134560769","content_text":"Melco Resorts & Entertainment Ltd has entered into a strategic partnership with Marriott International Inc to bring the W Hotels Worldwide brand to Studio City Phase 2 in Macau.\nW Macau - Studio City is scheduled to be open together with Studio City Phase 2 in December 2022.\nThe hotel will feature 557 guestrooms, including 127 suites and wellness facilities, a spa, fitness center, and indoor swimming pool.\nStudio City's hospitality offerings include indoor & outdoor water parks, a six-screen Cineplex, residency shows, and state-of-the-art MICE space.\nPrice Action: MLCO shares closed higher by 9.99% at $9.91 on Tuesday.","news_type":1,"symbols_score_info":{"MAR":0.9,"MLCO":0.9}},"isVote":1,"tweetType":1,"viewCount":2406,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":693427396,"gmtCreate":1640067425478,"gmtModify":1640067425684,"author":{"id":"3586473514667147","authorId":"3586473514667147","name":"gky","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3586473514667147","idStr":"3586473514667147"},"themes":[],"htmlText":"Buy","listText":"Buy","text":"Buy","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/693427396","repostId":"1180303139","repostType":4,"repost":{"id":"1180303139","kind":"news","pubTimestamp":1640064067,"share":"https://www.laohu8.com/m/news/1180303139?lang=zh_CN&edition=full","pubTime":"2021-12-21 13:21","market":"us","language":"en","title":"Nio Is Now Down 58% From Its High. Is It a Buy?<blockquote>蔚来目前较高点下跌58%。是买吗？</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1180303139","media":"Motley Fool","summary":"For Nio, 2022 should be very different from 2021.","content":"<p>Shares of&nbsp;<b>Nio</b>&nbsp;(NYSE:NIO)&nbsp;set their all-time high back on Jan. 11, when they traded at $66.99 at some point during the day. As I write this at 2 p.m. ET on Monday, the stock is down about 58% from that all-time high. (If you prefer to measure from closing prices, it's down just over 55% from its highest-ever close of $62.84, set on Feb. 9. Either way, not good.)</p><p><blockquote>本公司之股份<b>蔚来</b>（纽约证券交易所股票代码：蔚来）早在1月11日就创下了历史新高，当时该股的交易价格为66.99美元。当我在美国东部时间周一下午2点写这篇文章时，该股较历史高点下跌了约58%。（如果你更喜欢从收盘价来衡量，它比2月9日创下的历史最高收盘价62.84美元下跌了55%多一点。不管怎样，都不好。）</blockquote></p><p> Clearly it has been a rough year for Nio, which has been hit by&nbsp;COVID-19 shutdowns,supply chain challenges, and a lull in its new-product cycle that allowed&nbsp;competitors to gain ground.</p><p><blockquote>显然，对于蔚来来说，这是艰难的一年，该公司受到了COVID-19停工、供应链挑战以及新产品周期停滞的打击，而新产品周期的平静让竞争对手取得了进展。</blockquote></p><p> That lull will end soon. Nio will begin shipping its long-awaited ET7 sedan in March, followed in September by the one-size-down ET5, which was&nbsp;revealed on Saturday.Meanwhile, its order books remain strong, its customer satisfaction is high, and there are signs that it&nbsp;<i>may</i>&nbsp;have put the worst of the supply chain woes in the rearview mirror.</p><p><blockquote>这种平静很快就会结束。蔚来将于3月份开始发货期待已久的ET7轿车，随后将于9月份推出尺寸较小的ET5，该车于周六发布。与此同时，其订单保持强劲，客户满意度较高，有迹象表明<i>may</i>已经将最严重的供应链困境抛在脑后。</blockquote></p><p> Is that enough to make it a buy?</p><p><blockquote>这足以让它值得购买吗？</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/22ea2e7aac96e7308f35e2a80403198a\" tg-width=\"2000\" tg-height=\"1205\" width=\"100%\" height=\"auto\"><span>NIO'S LONG NEW-PRODUCT LULL WILL END ON MARCH 28, WHEN DELIVERIES OF THE NEW ET7 SEDAN WILL BEGIN. IMAGE SOURCE: NIO.</span></p><p><blockquote><p class=\"t-img-caption\"><span>蔚来漫长的新产品平静期将于3月28日结束，届时新款ET7轿车将开始交付。图片来源：蔚来。</span></p></blockquote></p><p> Several Wall Street analysts think so. In a new note on Monday,<b>Morgan Stanley</b>&nbsp;analyst Tim Hsiao reiterated the bank's overweight rating and $66 price target on Nio's shares. Hsiao wrote that while the stock's risk-to-reward ratio seems attractive, the market is expecting a lot from Nio in 2022 -- but it seems well positioned to deliver.</p><p><blockquote>几位华尔街分析师这样认为。在周一的一份新报告中，<b>摩根士丹利</b>分析师Tim Hsiao重申了该行对蔚来股票的跑赢大盘评级和66美元的目标价。Hsiao写道，虽然该股的风险回报比似乎很有吸引力，但市场对蔚来在2022年寄予厚望，但它似乎已经做好了实现这一目标的准备。</blockquote></p><p> Hsiao isn't an outlier. Last month,<b>Citi</b>&nbsp;analyst Jeff Chung noted that Nio is expected to launch three new products and revise its three existing vehicles next year, putting it in position to gain back the market share it lost to newer models from rivals like&nbsp;<b>Xpeng</b>,<b>Li Auto</b>, and&nbsp;<b>Tesla</b>. He maintained his bank's buy rating and $87 price target for Nio's shares.</p><p><blockquote>萧并不是一个局外人。上个月，<b>花旗银行</b>分析师Jeff Chung指出，蔚来预计明年将推出三款新产品并修改其三款现有汽车，使其能够夺回因竞争对手的新型号而失去的市场份额，例如<b>小鹏</b>,<b>理想汽车</b>，和<b>特斯拉</b>.他维持该行对蔚来股票的买入评级和87美元的目标价。</blockquote></p><p> I'm inclined to agree with both. We haven't yet seen the third new model that Chung mentioned (the others are the ET5 and ET7), and my sense is that Nio is keeping some other surprises up its sleeve for now. While&nbsp;investors&nbsp;may need to be patient through the next few months, the new sedans -- and those surprises -- could be just what's needed to bump the stock price back up in 2022.</p><p><blockquote>我倾向于两者都同意。我们还没有看到Chung提到的第三款新车型（其他是ET5和ET7），我的感觉是蔚来目前还保留了一些其他惊喜。虽然投资者在未来几个月可能需要保持耐心，但新款轿车以及这些惊喜可能正是2022年股价回升所需要的。</blockquote></p><p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Nio Is Now Down 58% From Its High. Is It a Buy?<blockquote>蔚来目前较高点下跌58%。是买吗？</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\">\nNio Is Now Down 58% From Its High. Is It a Buy?<blockquote>蔚来目前较高点下跌58%。是买吗？</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Motley Fool</strong><span class=\"h-time small\">2021-12-21 13:21</span>\n</p>\n</h4>\n</header>\n<article>\n<p>Shares of&nbsp;<b>Nio</b>&nbsp;(NYSE:NIO)&nbsp;set their all-time high back on Jan. 11, when they traded at $66.99 at some point during the day. As I write this at 2 p.m. ET on Monday, the stock is down about 58% from that all-time high. (If you prefer to measure from closing prices, it's down just over 55% from its highest-ever close of $62.84, set on Feb. 9. Either way, not good.)</p><p><blockquote>本公司之股份<b>蔚来</b>（纽约证券交易所股票代码：蔚来）早在1月11日就创下了历史新高，当时该股的交易价格为66.99美元。当我在美国东部时间周一下午2点写这篇文章时，该股较历史高点下跌了约58%。（如果你更喜欢从收盘价来衡量，它比2月9日创下的历史最高收盘价62.84美元下跌了55%多一点。不管怎样，都不好。）</blockquote></p><p> Clearly it has been a rough year for Nio, which has been hit by&nbsp;COVID-19 shutdowns,supply chain challenges, and a lull in its new-product cycle that allowed&nbsp;competitors to gain ground.</p><p><blockquote>显然，对于蔚来来说，这是艰难的一年，该公司受到了COVID-19停工、供应链挑战以及新产品周期停滞的打击，而新产品周期的平静让竞争对手取得了进展。</blockquote></p><p> That lull will end soon. Nio will begin shipping its long-awaited ET7 sedan in March, followed in September by the one-size-down ET5, which was&nbsp;revealed on Saturday.Meanwhile, its order books remain strong, its customer satisfaction is high, and there are signs that it&nbsp;<i>may</i>&nbsp;have put the worst of the supply chain woes in the rearview mirror.</p><p><blockquote>这种平静很快就会结束。蔚来将于3月份开始发货期待已久的ET7轿车，随后将于9月份推出尺寸较小的ET5，该车于周六发布。与此同时，其订单保持强劲，客户满意度较高，有迹象表明<i>may</i>已经将最严重的供应链困境抛在脑后。</blockquote></p><p> Is that enough to make it a buy?</p><p><blockquote>这足以让它值得购买吗？</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/22ea2e7aac96e7308f35e2a80403198a\" tg-width=\"2000\" tg-height=\"1205\" width=\"100%\" height=\"auto\"><span>NIO'S LONG NEW-PRODUCT LULL WILL END ON MARCH 28, WHEN DELIVERIES OF THE NEW ET7 SEDAN WILL BEGIN. IMAGE SOURCE: NIO.</span></p><p><blockquote><p class=\"t-img-caption\"><span>蔚来漫长的新产品平静期将于3月28日结束，届时新款ET7轿车将开始交付。图片来源：蔚来。</span></p></blockquote></p><p> Several Wall Street analysts think so. In a new note on Monday,<b>Morgan Stanley</b>&nbsp;analyst Tim Hsiao reiterated the bank's overweight rating and $66 price target on Nio's shares. Hsiao wrote that while the stock's risk-to-reward ratio seems attractive, the market is expecting a lot from Nio in 2022 -- but it seems well positioned to deliver.</p><p><blockquote>几位华尔街分析师这样认为。在周一的一份新报告中，<b>摩根士丹利</b>分析师Tim Hsiao重申了该行对蔚来股票的跑赢大盘评级和66美元的目标价。Hsiao写道，虽然该股的风险回报比似乎很有吸引力，但市场对蔚来在2022年寄予厚望，但它似乎已经做好了实现这一目标的准备。</blockquote></p><p> Hsiao isn't an outlier. Last month,<b>Citi</b>&nbsp;analyst Jeff Chung noted that Nio is expected to launch three new products and revise its three existing vehicles next year, putting it in position to gain back the market share it lost to newer models from rivals like&nbsp;<b>Xpeng</b>,<b>Li Auto</b>, and&nbsp;<b>Tesla</b>. He maintained his bank's buy rating and $87 price target for Nio's shares.</p><p><blockquote>萧并不是一个局外人。上个月，<b>花旗银行</b>分析师Jeff Chung指出，蔚来预计明年将推出三款新产品并修改其三款现有汽车，使其能够夺回因竞争对手的新型号而失去的市场份额，例如<b>小鹏</b>,<b>理想汽车</b>，和<b>特斯拉</b>.他维持该行对蔚来股票的买入评级和87美元的目标价。</blockquote></p><p> I'm inclined to agree with both. We haven't yet seen the third new model that Chung mentioned (the others are the ET5 and ET7), and my sense is that Nio is keeping some other surprises up its sleeve for now. While&nbsp;investors&nbsp;may need to be patient through the next few months, the new sedans -- and those surprises -- could be just what's needed to bump the stock price back up in 2022.</p><p><blockquote>我倾向于两者都同意。我们还没有看到Chung提到的第三款新车型（其他是ET5和ET7），我的感觉是蔚来目前还保留了一些其他惊喜。虽然投资者在未来几个月可能需要保持耐心，但新款轿车以及这些惊喜可能正是2022年股价回升所需要的。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.fool.com/investing/2021/12/20/nio-is-now-down-58-from-its-high-is-it-a-buy/\">Motley Fool</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NIO":"蔚来"},"source_url":"https://www.fool.com/investing/2021/12/20/nio-is-now-down-58-from-its-high-is-it-a-buy/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1180303139","content_text":"Shares of Nio (NYSE:NIO) set their all-time high back on Jan. 11, when they traded at $66.99 at some point during the day. As I write this at 2 p.m. ET on Monday, the stock is down about 58% from that all-time high. (If you prefer to measure from closing prices, it's down just over 55% from its highest-ever close of $62.84, set on Feb. 9. Either way, not good.)\nClearly it has been a rough year for Nio, which has been hit by COVID-19 shutdowns,supply chain challenges, and a lull in its new-product cycle that allowed competitors to gain ground.\nThat lull will end soon. Nio will begin shipping its long-awaited ET7 sedan in March, followed in September by the one-size-down ET5, which was revealed on Saturday.Meanwhile, its order books remain strong, its customer satisfaction is high, and there are signs that it may have put the worst of the supply chain woes in the rearview mirror.\nIs that enough to make it a buy?\nNIO'S LONG NEW-PRODUCT LULL WILL END ON MARCH 28, WHEN DELIVERIES OF THE NEW ET7 SEDAN WILL BEGIN. IMAGE SOURCE: NIO.\nSeveral Wall Street analysts think so. In a new note on Monday,Morgan Stanley analyst Tim Hsiao reiterated the bank's overweight rating and $66 price target on Nio's shares. Hsiao wrote that while the stock's risk-to-reward ratio seems attractive, the market is expecting a lot from Nio in 2022 -- but it seems well positioned to deliver.\nHsiao isn't an outlier. Last month,Citi analyst Jeff Chung noted that Nio is expected to launch three new products and revise its three existing vehicles next year, putting it in position to gain back the market share it lost to newer models from rivals like Xpeng,Li Auto, and Tesla. He maintained his bank's buy rating and $87 price target for Nio's shares.\nI'm inclined to agree with both. We haven't yet seen the third new model that Chung mentioned (the others are the ET5 and ET7), and my sense is that Nio is keeping some other surprises up its sleeve for now. While investors may need to be patient through the next few months, the new sedans -- and those surprises -- could be just what's needed to bump the stock price back up in 2022.","news_type":1,"symbols_score_info":{"NIO":0.9}},"isVote":1,"tweetType":1,"viewCount":2514,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":693098287,"gmtCreate":1639921681473,"gmtModify":1639921681659,"author":{"id":"3586473514667147","authorId":"3586473514667147","name":"gky","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3586473514667147","idStr":"3586473514667147"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/693098287","repostId":"1157504157","repostType":4,"repost":{"id":"1157504157","kind":"news","pubTimestamp":1639872188,"share":"https://www.laohu8.com/m/news/1157504157?lang=zh_CN&edition=full","pubTime":"2021-12-19 08:03","market":"us","language":"en","title":"Microsoft's top priority for 2022? It could be data management<blockquote>微软2022年的首要任务？可能是数据管理</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1157504157","media":"Seeking Alpha","summary":"Microsoft  might have its work cut out for it when it comes to improving on how things went overall ","content":"<p><a href=\"https://laohu8.com/S/MSFT\">Microsoft </a> might have its work cut out for it when it comes to improving on how things went overall for it in 2021.</p><p><blockquote><a href=\"https://laohu8.com/S/MSFT\">微软</a>在改善2021年的整体状况方面，它可能还有很多工作要做。</blockquote></p><p> After all, the software giant's earnings results continue to show it growing in areas such as cloud computing and personal computers. Microsoft (MSFT) also thinks so highly of its outlook that it believes it could surpass $50 billion in quarterly revenue for the first time with its next report. Investors should also be pleased with how Microsoft (MSFT) has performed on the stock market this year, as its shares have climbed more than 44% since the end of 2021.</p><p><blockquote>毕竟，这家软件巨头的盈利结果继续显示其在云计算和个人电脑等领域的增长。微软(MSFT)也高度评价其前景，相信在下一份报告中，其季度收入可能会首次超过500亿美元。投资者还应该对微软(MSFT)今年在股市上的表现感到满意，因为自2021年底以来，其股价已上涨超过44%。</blockquote></p><p> And then there was the symbolic, if temporary, victory Microsoft (MSFT) could claim in October when it briefly took the title of World's Most Valuable Company away from Apple (NASDAQ:AAPL). So, needless to say, 2021 has been a good year for Microsoft (MSFT).</p><p><blockquote>然后，微软(MSFT)在10月份短暂地从苹果(纳斯达克股票代码：AAPL)手中夺走了全球最有价值公司的称号，尽管是暂时的。因此，不用说，2021年对于微软(MSFT)来说是美好的一年。</blockquote></p><p> But, this begs the question of what 2022 might look like for Microsoft (MSFT), and what are going to be the top priorities for Chief Executive Satya Nadella. While Microsoft (MSFT) may still be best-known to many for its Windows operating system, its Microsoft Word program and its Xbox videogame console, the company's data platform and management offerings are likely the areas where Nadella is focusing much of his attention.</p><p><blockquote>但是，这回避了一个问题：2022年微软(MSFT)可能会是什么样子，以及首席执行官塞特亚·纳德拉(Satya Nadella)的首要任务是什么。虽然微软(MSFT)可能仍然因其Windows操作系统、微软Word程序和Xbox视频游戏机而为许多人所熟知，但该公司的数据平台和管理产品可能是纳德拉关注的领域。</blockquote></p><p> That's the opinion of Morgan Stanley analyst Keith Weiss, who said that Nadella's earnings call comments \"match well to the key priorities Microsoft is investing most aggressively behind.\" Based on how data offerings such as platforms and databases like Azure are playing a role in Microsoft's (MSFT) growth, it should come as no surprise that Nadella would make such areas a focus of the company's overall strategy for the foreseeable future.</p><p><blockquote>这是摩根士丹利分析师基思·韦斯(Keith Weiss)的观点，他表示，纳德拉的财报看涨期权评论“与微软最积极投资的关键优先事项非常匹配”。基于Azure等平台和数据库等数据产品在微软(MSFT)增长中发挥的作用，纳德拉在可预见的未来将这些领域作为公司整体战略的重点也就不足为奇了。</blockquote></p><p> Weiss noted that based on industry data, Microsoft (MSFT) has become the No. 1 vendor for data management offerings, with a 28% share of the market. For comparison, Oracle (NYSE:ORCL) is the No. 2 company, with a 22% market share, and Amazon Web Services (NASDAQ:AMZN) is in third place with 9% of the data management market.</p><p><blockquote>Weiss指出，根据行业数据，微软(MSFT)已成为数据管理产品的第一大供应商，占据28%的市场份额。相比之下，甲骨文（纽约证券交易所股票代码：ORCL）以22%的市场份额位居第二，亚马逊网络服务（纳斯达克股票代码：AMZN）以9%的数据管理市场份额位居第三。</blockquote></p><p> Weiss, who has an outperform rating and $364-a-share target price on Microsoft's (MSFT) stock, noted that data platform products and services made up about 12% of the company's total revenue during the first half of 2021, up from 10% in 2017. Cloud revenue has also more than doubled over that same period, from 3% to approximately 7% of sales, and Weiss said he expects such sales to be \"a key source\" of Microsoft's business growth heading into 2022.</p><p><blockquote>Weiss对微软(MSFT)股票给予跑赢大盘评级，目标价为每股364美元，他指出，2021年上半年，数据平台产品和服务约占该公司总收入的12%，高于10%2017年。同期，云收入也增加了一倍多，从销售额的3%增加到约7%，Weiss表示，他预计此类销售额将成为微软2022年业务增长的“关键来源”。</blockquote></p><p> Weiss said that because of Microsoft's strong positioning in the data management market, and its management's high level of focus on data as part of the broader digital transformation, \"Within this data platform market, Microsoft's broad collection of cloud and on-premise data offerings lead to a No. 1 market position.\"</p><p><blockquote>Weiss表示，由于微软在数据管理市场的强大定位，以及其管理层对数据的高度关注，将其作为更广泛的数字化转型的一部分，“在这个数据平台市场中，微软广泛收集的云和本地数据产品导致了第一的市场地位。”</blockquote></p><p> Weiss, and other Morgan Stanley analysts, also rated Microsoft (MSFT) as to top pick for 2022 as part of a \"gut check\" look at the software sector for next year.</p><p><blockquote>Weiss和其他Morgan Stanley分析师还将微软(MSFT)评为2022年首选，作为对明年软件行业“直觉检查”的一部分。</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>Microsoft's top priority for 2022? It could be data management<blockquote>微软2022年的首要任务？可能是数据管理</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nMicrosoft's top priority for 2022? It could be data management<blockquote>微软2022年的首要任务？可能是数据管理</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Seeking Alpha</strong><span class=\"h-time small\">2021-12-19 08:03</span>\n</p>\n</h4>\n</header>\n<article>\n<p><a href=\"https://laohu8.com/S/MSFT\">Microsoft </a> might have its work cut out for it when it comes to improving on how things went overall for it in 2021.</p><p><blockquote><a href=\"https://laohu8.com/S/MSFT\">微软</a>在改善2021年的整体状况方面，它可能还有很多工作要做。</blockquote></p><p> After all, the software giant's earnings results continue to show it growing in areas such as cloud computing and personal computers. Microsoft (MSFT) also thinks so highly of its outlook that it believes it could surpass $50 billion in quarterly revenue for the first time with its next report. Investors should also be pleased with how Microsoft (MSFT) has performed on the stock market this year, as its shares have climbed more than 44% since the end of 2021.</p><p><blockquote>毕竟，这家软件巨头的盈利结果继续显示其在云计算和个人电脑等领域的增长。微软(MSFT)也高度评价其前景，相信在下一份报告中，其季度收入可能会首次超过500亿美元。投资者还应该对微软(MSFT)今年在股市上的表现感到满意，因为自2021年底以来，其股价已上涨超过44%。</blockquote></p><p> And then there was the symbolic, if temporary, victory Microsoft (MSFT) could claim in October when it briefly took the title of World's Most Valuable Company away from Apple (NASDAQ:AAPL). So, needless to say, 2021 has been a good year for Microsoft (MSFT).</p><p><blockquote>然后，微软(MSFT)在10月份短暂地从苹果(纳斯达克股票代码：AAPL)手中夺走了全球最有价值公司的称号，尽管是暂时的。因此，不用说，2021年对于微软(MSFT)来说是美好的一年。</blockquote></p><p> But, this begs the question of what 2022 might look like for Microsoft (MSFT), and what are going to be the top priorities for Chief Executive Satya Nadella. While Microsoft (MSFT) may still be best-known to many for its Windows operating system, its Microsoft Word program and its Xbox videogame console, the company's data platform and management offerings are likely the areas where Nadella is focusing much of his attention.</p><p><blockquote>但是，这回避了一个问题：2022年微软(MSFT)可能会是什么样子，以及首席执行官塞特亚·纳德拉(Satya Nadella)的首要任务是什么。虽然微软(MSFT)可能仍然因其Windows操作系统、微软Word程序和Xbox视频游戏机而为许多人所熟知，但该公司的数据平台和管理产品可能是纳德拉关注的领域。</blockquote></p><p> That's the opinion of Morgan Stanley analyst Keith Weiss, who said that Nadella's earnings call comments \"match well to the key priorities Microsoft is investing most aggressively behind.\" Based on how data offerings such as platforms and databases like Azure are playing a role in Microsoft's (MSFT) growth, it should come as no surprise that Nadella would make such areas a focus of the company's overall strategy for the foreseeable future.</p><p><blockquote>这是摩根士丹利分析师基思·韦斯(Keith Weiss)的观点，他表示，纳德拉的财报看涨期权评论“与微软最积极投资的关键优先事项非常匹配”。基于Azure等平台和数据库等数据产品在微软(MSFT)增长中发挥的作用，纳德拉在可预见的未来将这些领域作为公司整体战略的重点也就不足为奇了。</blockquote></p><p> Weiss noted that based on industry data, Microsoft (MSFT) has become the No. 1 vendor for data management offerings, with a 28% share of the market. For comparison, Oracle (NYSE:ORCL) is the No. 2 company, with a 22% market share, and Amazon Web Services (NASDAQ:AMZN) is in third place with 9% of the data management market.</p><p><blockquote>Weiss指出，根据行业数据，微软(MSFT)已成为数据管理产品的第一大供应商，占据28%的市场份额。相比之下，甲骨文（纽约证券交易所股票代码：ORCL）以22%的市场份额位居第二，亚马逊网络服务（纳斯达克股票代码：AMZN）以9%的数据管理市场份额位居第三。</blockquote></p><p> Weiss, who has an outperform rating and $364-a-share target price on Microsoft's (MSFT) stock, noted that data platform products and services made up about 12% of the company's total revenue during the first half of 2021, up from 10% in 2017. Cloud revenue has also more than doubled over that same period, from 3% to approximately 7% of sales, and Weiss said he expects such sales to be \"a key source\" of Microsoft's business growth heading into 2022.</p><p><blockquote>Weiss对微软(MSFT)股票给予跑赢大盘评级，目标价为每股364美元，他指出，2021年上半年，数据平台产品和服务约占该公司总收入的12%，高于10%2017年。同期，云收入也增加了一倍多，从销售额的3%增加到约7%，Weiss表示，他预计此类销售额将成为微软2022年业务增长的“关键来源”。</blockquote></p><p> Weiss said that because of Microsoft's strong positioning in the data management market, and its management's high level of focus on data as part of the broader digital transformation, \"Within this data platform market, Microsoft's broad collection of cloud and on-premise data offerings lead to a No. 1 market position.\"</p><p><blockquote>Weiss表示，由于微软在数据管理市场的强大定位，以及其管理层对数据的高度关注，将其作为更广泛的数字化转型的一部分，“在这个数据平台市场中，微软广泛收集的云和本地数据产品导致了第一的市场地位。”</blockquote></p><p> Weiss, and other Morgan Stanley analysts, also rated Microsoft (MSFT) as to top pick for 2022 as part of a \"gut check\" look at the software sector for next year.</p><p><blockquote>Weiss和其他Morgan Stanley分析师还将微软(MSFT)评为2022年首选，作为对明年软件行业“直觉检查”的一部分。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://seekingalpha.com/news/3781376-microsofts-top-priority-for-2022-it-could-be-data-management\">Seeking Alpha</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"MSFT":"微软"},"source_url":"https://seekingalpha.com/news/3781376-microsofts-top-priority-for-2022-it-could-be-data-management","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1157504157","content_text":"Microsoft  might have its work cut out for it when it comes to improving on how things went overall for it in 2021.\nAfter all, the software giant's earnings results continue to show it growing in areas such as cloud computing and personal computers. Microsoft (MSFT) also thinks so highly of its outlook that it believes it could surpass $50 billion in quarterly revenue for the first time with its next report. Investors should also be pleased with how Microsoft (MSFT) has performed on the stock market this year, as its shares have climbed more than 44% since the end of 2021.\nAnd then there was the symbolic, if temporary, victory Microsoft (MSFT) could claim in October when it briefly took the title of World's Most Valuable Company away from Apple (NASDAQ:AAPL). So, needless to say, 2021 has been a good year for Microsoft (MSFT).\nBut, this begs the question of what 2022 might look like for Microsoft (MSFT), and what are going to be the top priorities for Chief Executive Satya Nadella. While Microsoft (MSFT) may still be best-known to many for its Windows operating system, its Microsoft Word program and its Xbox videogame console, the company's data platform and management offerings are likely the areas where Nadella is focusing much of his attention.\nThat's the opinion of Morgan Stanley analyst Keith Weiss, who said that Nadella's earnings call comments \"match well to the key priorities Microsoft is investing most aggressively behind.\" Based on how data offerings such as platforms and databases like Azure are playing a role in Microsoft's (MSFT) growth, it should come as no surprise that Nadella would make such areas a focus of the company's overall strategy for the foreseeable future.\nWeiss noted that based on industry data, Microsoft (MSFT) has become the No. 1 vendor for data management offerings, with a 28% share of the market. For comparison, Oracle (NYSE:ORCL) is the No. 2 company, with a 22% market share, and Amazon Web Services (NASDAQ:AMZN) is in third place with 9% of the data management market.\nWeiss, who has an outperform rating and $364-a-share target price on Microsoft's (MSFT) stock, noted that data platform products and services made up about 12% of the company's total revenue during the first half of 2021, up from 10% in 2017. Cloud revenue has also more than doubled over that same period, from 3% to approximately 7% of sales, and Weiss said he expects such sales to be \"a key source\" of Microsoft's business growth heading into 2022.\nWeiss said that because of Microsoft's strong positioning in the data management market, and its management's high level of focus on data as part of the broader digital transformation, \"Within this data platform market, Microsoft's broad collection of cloud and on-premise data offerings lead to a No. 1 market position.\"\nWeiss, and other Morgan Stanley analysts, also rated Microsoft (MSFT) as to top pick for 2022 as part of a \"gut check\" look at the software sector for next year.","news_type":1,"symbols_score_info":{"MSFT":0.9}},"isVote":1,"tweetType":1,"viewCount":2567,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":699249604,"gmtCreate":1639821675027,"gmtModify":1639821675283,"author":{"id":"3586473514667147","authorId":"3586473514667147","name":"gky","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3586473514667147","idStr":"3586473514667147"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/699249604","repostId":"2192754259","repostType":4,"isVote":1,"tweetType":1,"viewCount":2463,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":690239979,"gmtCreate":1639668129324,"gmtModify":1639668129545,"author":{"id":"3586473514667147","authorId":"3586473514667147","name":"gky","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3586473514667147","idStr":"3586473514667147"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":10,"commentSize":4,"repostSize":0,"link":"https://laohu8.com/post/690239979","repostId":"1108384523","repostType":4,"repost":{"id":"1108384523","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":1639667369,"share":"https://www.laohu8.com/m/news/1108384523?lang=zh_CN&edition=full","pubTime":"2021-12-16 23:09","market":"us","language":"en","title":"Vir Biotechnology continued to gain over 7% in morning trading after showing neutralizing activity against omicron<blockquote>Vir Biotechnology在显示出对奥密克戎的中和活性后，早盘继续上涨超过7%</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1108384523","media":"Tiger Newspress","summary":"Vir Biotechnology continued to gain over 7% in morning trading after showing neutralizing activity a","content":"<p>Vir Biotechnology continued to gain over 7% in morning trading after showing neutralizing activity against omicron.<img src=\"https://static.tigerbbs.com/07fe5a6b831322eef2c479861ad70527\" tg-width=\"766\" tg-height=\"563\" width=\"100%\" height=\"auto\">The company&nbsp;announced&nbsp;new preclinical data, published to the preprint server&nbsp;bioRxiv, demonstrating the impact of the significant antigenic shift of the new COVID-19 omicron variant (B.1.1.529).&nbsp;</p><p><blockquote>Vir Biotechnology在显示出对奥密克戎的中和活性后，在早盘交易中继续上涨超过7%。该公司宣布了新的临床前数据，发布到预印本服务器bioRxiv，证明了新的COVID-19奥密克戎变种（B.1.1.529）的显著抗原转变的影响。</blockquote></p><p> A significant reduction in plasma neutralizing activity was observed against omicron in sera from vaccinated and convalescent individuals.&nbsp;</p><p><blockquote>在接种疫苗和恢复期个体的血清中观察到针对奥密克戎的血浆中和活性显著降低。</blockquote></p><p> Researchers also tested the in vitro neutralizing activity of 44 monoclonal antibodies (mAbs) (eight of which are currently authorized or approved).&nbsp;</p><p><blockquote>研究人员还测试了44种单克隆抗体（mAb）的体外中和活性（其中8种目前已获得授权或批准）。</blockquote></p><p> Data demonstrate that sotrovimab and five other preclinical mAbs, developed by Vir in conjunction with&nbsp;GlaxoSmithKline plc&nbsp;(NYSE:&nbsp;GSK), retained their in vitro neutralizing activity against omicron.</p><p><blockquote>数据显示，Vir与葛兰素史克公司（纽约证券交易所股票代码：GSK）联合开发的sotrovimab和其他五种临床前单克隆抗体保留了对奥密克戎病的体外中和活性。</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>Vir Biotechnology continued to gain over 7% in morning trading after showing neutralizing activity against omicron<blockquote>Vir Biotechnology在显示出对奥密克戎的中和活性后，早盘继续上涨超过7%</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; 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#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\">\nVir Biotechnology continued to gain over 7% in morning trading after showing neutralizing activity against omicron<blockquote>Vir Biotechnology在显示出对奥密克戎的中和活性后，早盘继续上涨超过7%</blockquote>\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time smaller\">2021-12-16 23:09</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>Vir Biotechnology continued to gain over 7% in morning trading after showing neutralizing activity against omicron.<img src=\"https://static.tigerbbs.com/07fe5a6b831322eef2c479861ad70527\" tg-width=\"766\" tg-height=\"563\" width=\"100%\" height=\"auto\">The company&nbsp;announced&nbsp;new preclinical data, published to the preprint server&nbsp;bioRxiv, demonstrating the impact of the significant antigenic shift of the new COVID-19 omicron variant (B.1.1.529).&nbsp;</p><p><blockquote>Vir Biotechnology在显示出对奥密克戎的中和活性后，在早盘交易中继续上涨超过7%。该公司宣布了新的临床前数据，发布到预印本服务器bioRxiv，证明了新的COVID-19奥密克戎变种（B.1.1.529）的显著抗原转变的影响。</blockquote></p><p> A significant reduction in plasma neutralizing activity was observed against omicron in sera from vaccinated and convalescent individuals.&nbsp;</p><p><blockquote>在接种疫苗和恢复期个体的血清中观察到针对奥密克戎的血浆中和活性显著降低。</blockquote></p><p> Researchers also tested the in vitro neutralizing activity of 44 monoclonal antibodies (mAbs) (eight of which are currently authorized or approved).&nbsp;</p><p><blockquote>研究人员还测试了44种单克隆抗体（mAb）的体外中和活性（其中8种目前已获得授权或批准）。</blockquote></p><p> Data demonstrate that sotrovimab and five other preclinical mAbs, developed by Vir in conjunction with&nbsp;GlaxoSmithKline plc&nbsp;(NYSE:&nbsp;GSK), retained their in vitro neutralizing activity against omicron.</p><p><blockquote>数据显示，Vir与葛兰素史克公司（纽约证券交易所股票代码：GSK）联合开发的sotrovimab和其他五种临床前单克隆抗体保留了对奥密克戎病的体外中和活性。</blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"VIR":"Vir Biotechnology, Inc."},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1108384523","content_text":"Vir Biotechnology continued to gain over 7% in morning trading after showing neutralizing activity against omicron.The company announced new preclinical data, published to the preprint server bioRxiv, demonstrating the impact of the significant antigenic shift of the new COVID-19 omicron variant (B.1.1.529). \nA significant reduction in plasma neutralizing activity was observed against omicron in sera from vaccinated and convalescent individuals. \nResearchers also tested the in vitro neutralizing activity of 44 monoclonal antibodies (mAbs) (eight of which are currently authorized or approved). \nData demonstrate that sotrovimab and five other preclinical mAbs, developed by Vir in conjunction with GlaxoSmithKline plc (NYSE: GSK), retained their in vitro neutralizing activity against omicron.","news_type":1,"symbols_score_info":{"VIR":0.9}},"isVote":1,"tweetType":1,"viewCount":2607,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":607939334,"gmtCreate":1639470693059,"gmtModify":1639470693261,"author":{"id":"3586473514667147","authorId":"3586473514667147","name":"gky","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3586473514667147","idStr":"3586473514667147"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/607939334","repostId":"1193701389","repostType":4,"repost":{"id":"1193701389","kind":"news","pubTimestamp":1639460770,"share":"https://www.laohu8.com/m/news/1193701389?lang=zh_CN&edition=full","pubTime":"2021-12-14 13:46","market":"us","language":"en","title":"Why Nvidia Stock Keeps Dropping<blockquote>英伟达股价为何持续下跌</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1193701389","media":"Motley Fool","summary":"Nvidia has been a big gainer, but now other, smaller chip stocks look cheaper.","content":"<p><b>What happened</b></p><p><blockquote><b>发生了什么</b></blockquote></p><p> Shares of&nbsp;semiconductor&nbsp;company&nbsp;<b>Nvidia</b>&nbsp;dropped again on Monday -- down 6.8% as of closed -- its fourth straight down day in a row. There doesn't appear to be any particular news behind today's decline, at least not specific to Nvidia.</p><p><blockquote>半导体公司股票<b>英伟达</b>周一再次下跌——截至收盘下跌6.8%——连续第四天下跌。今天的下跌背后似乎没有任何特别的消息，至少不是针对英伟达的。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/fe9777cd8866f53c260abe399593d3d0\" tg-width=\"2000\" tg-height=\"1333\" width=\"100%\" height=\"auto\"><span>Image source: Getty Images.</span></p><p><blockquote><p class=\"t-img-caption\"><span>图片来源：盖蒂图片社。</span></p></blockquote></p><p> <b>So what</b></p><p><blockquote><b>那又怎样</b></blockquote></p><p> From a big picture perspective, the news isn't great. CNBC reported this morning there's a risk that the ongoing chip shortage could depress Christmas shopping this year.</p><p><blockquote>从大局来看，这个消息并不好。CNBC今天早上报道称，持续的芯片短缺可能会抑制今年的圣诞购物。</blockquote></p><p> Although high demand for high-end Nvidia graphics chips is generally good news for the company and its pricing power, the network notes that \"semiconductors are beneath the hood of an increasing number of products,\" but \"things made with chips don't just use one chip.\" Thus, even a PC manufacturer lucky enough to get hold of all the Nvidia chips it needs might not be able to sell its PC if it can't also get all the power control, memory, and other chips it also needs to build the product. Or the manufacturer might not buy the Nvidia chips in the first place if it knows it won't be able to obtain the other chips.</p><p><blockquote>尽管对高端英伟达图形芯片的高需求通常对该公司及其定价能力来说是个好消息，但该网络指出，“半导体是越来越多产品的幕后黑手”，但“用芯片制造的东西并不只是使用一个芯片。”因此，即使是有幸获得其所需的所有Nvidia芯片的PC制造商，如果无法获得构建产品所需的所有电源控制、内存和其他芯片，也可能无法销售其PC。或者，如果制造商知道无法获得其他芯片，它可能一开始就不会购买Nvidia芯片。</blockquote></p><p> <b>Now what</b></p><p><blockquote><b>现在怎么办</b></blockquote></p><p> That's one risk Nvidia investors face. A bigger risk, though, may be its high-flying stock price.</p><p><blockquote>这是英伟达投资者面临的风险之一。不过，更大的风险可能是其飞涨的股价。</blockquote></p><p> This morning, analysts at&nbsp;<b>JPMorgan</b>, at&nbsp;<b>UBS</b>, at&nbsp;<b>Barclays</b>,<b>Citigroup</b>, R.W. Baird, and&nbsp;<b>Evercore</b>&nbsp;ISI cited a range of semiconductor chipmakers that they like and believe are undervalued, and Nvidia wasn't one of them. Morgan recommended&nbsp;<b>Qualcomm</b>&nbsp;for its earnings upside, Evercore picked&nbsp;<b>Micron</b>&nbsp;as a stock that is \"structurally undervalued,\" and Barclays, Baird, and Citi raised their price targets on&nbsp;<b>Broadcom</b>&nbsp;based on demand for its products,TheFly.com&nbsp;reported today.</p><p><blockquote>今天上午，分析师<b>摩根大通</b>，和<b>瑞银</b>，和<b>巴克莱银行</b>,<b>花旗集团</b>，R.W.贝尔德，和<b>Evercore</b>ISI列举了一系列他们喜欢并认为被低估的半导体芯片制造商，英伟达不在其中。摩根推荐<b>Qualcomm</b>由于其盈利上升，Evercore选择了<b>微米</b>作为一只“结构性被低估”的股票，巴克莱、贝尔德和花旗上调了目标价<b>Broadcom</b>根据对其产品的需求，TheFly.com今天报道。</blockquote></p><p> Nvidia shares sell for 93 times trailing earnings. Micron is valued at less than 17 times earnings; Qualcomm is at 23 times, and Broadcom is at 47. It's pretty clear why Wall Street might consider these stocks relatively better deals than Nvidia.</p><p><blockquote>Nvidia股票的售价是往绩市盈率的93倍。美光科技的市盈率不到17倍；高通为23倍，博通为47倍。很明显，为什么华尔街可能认为这些股票比英伟达相对更划算。</blockquote></p><p> And it's just as clear why some investors might have decided that now is a good time to&nbsp;cash out some Nvidia stock winnings, and reinvest them in relatively&nbsp;cheaper stocks.</p><p><blockquote>同样清楚的是，为什么一些投资者可能认为现在是兑现一些英伟达股票奖金并将其再投资于相对便宜的股票的好时机。</blockquote></p><p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Why Nvidia Stock Keeps Dropping<blockquote>英伟达股价为何持续下跌</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhy Nvidia Stock Keeps Dropping<blockquote>英伟达股价为何持续下跌</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Motley Fool</strong><span class=\"h-time small\">2021-12-14 13:46</span>\n</p>\n</h4>\n</header>\n<article>\n<p><b>What happened</b></p><p><blockquote><b>发生了什么</b></blockquote></p><p> Shares of&nbsp;semiconductor&nbsp;company&nbsp;<b>Nvidia</b>&nbsp;dropped again on Monday -- down 6.8% as of closed -- its fourth straight down day in a row. There doesn't appear to be any particular news behind today's decline, at least not specific to Nvidia.</p><p><blockquote>半导体公司股票<b>英伟达</b>周一再次下跌——截至收盘下跌6.8%——连续第四天下跌。今天的下跌背后似乎没有任何特别的消息，至少不是针对英伟达的。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/fe9777cd8866f53c260abe399593d3d0\" tg-width=\"2000\" tg-height=\"1333\" width=\"100%\" height=\"auto\"><span>Image source: Getty Images.</span></p><p><blockquote><p class=\"t-img-caption\"><span>图片来源：盖蒂图片社。</span></p></blockquote></p><p> <b>So what</b></p><p><blockquote><b>那又怎样</b></blockquote></p><p> From a big picture perspective, the news isn't great. CNBC reported this morning there's a risk that the ongoing chip shortage could depress Christmas shopping this year.</p><p><blockquote>从大局来看，这个消息并不好。CNBC今天早上报道称，持续的芯片短缺可能会抑制今年的圣诞购物。</blockquote></p><p> Although high demand for high-end Nvidia graphics chips is generally good news for the company and its pricing power, the network notes that \"semiconductors are beneath the hood of an increasing number of products,\" but \"things made with chips don't just use one chip.\" Thus, even a PC manufacturer lucky enough to get hold of all the Nvidia chips it needs might not be able to sell its PC if it can't also get all the power control, memory, and other chips it also needs to build the product. Or the manufacturer might not buy the Nvidia chips in the first place if it knows it won't be able to obtain the other chips.</p><p><blockquote>尽管对高端英伟达图形芯片的高需求通常对该公司及其定价能力来说是个好消息，但该网络指出，“半导体是越来越多产品的幕后黑手”，但“用芯片制造的东西并不只是使用一个芯片。”因此，即使是有幸获得其所需的所有Nvidia芯片的PC制造商，如果无法获得构建产品所需的所有电源控制、内存和其他芯片，也可能无法销售其PC。或者，如果制造商知道无法获得其他芯片，它可能一开始就不会购买Nvidia芯片。</blockquote></p><p> <b>Now what</b></p><p><blockquote><b>现在怎么办</b></blockquote></p><p> That's one risk Nvidia investors face. A bigger risk, though, may be its high-flying stock price.</p><p><blockquote>这是英伟达投资者面临的风险之一。不过，更大的风险可能是其飞涨的股价。</blockquote></p><p> This morning, analysts at&nbsp;<b>JPMorgan</b>, at&nbsp;<b>UBS</b>, at&nbsp;<b>Barclays</b>,<b>Citigroup</b>, R.W. Baird, and&nbsp;<b>Evercore</b>&nbsp;ISI cited a range of semiconductor chipmakers that they like and believe are undervalued, and Nvidia wasn't one of them. Morgan recommended&nbsp;<b>Qualcomm</b>&nbsp;for its earnings upside, Evercore picked&nbsp;<b>Micron</b>&nbsp;as a stock that is \"structurally undervalued,\" and Barclays, Baird, and Citi raised their price targets on&nbsp;<b>Broadcom</b>&nbsp;based on demand for its products,TheFly.com&nbsp;reported today.</p><p><blockquote>今天上午，分析师<b>摩根大通</b>，和<b>瑞银</b>，和<b>巴克莱银行</b>,<b>花旗集团</b>，R.W.贝尔德，和<b>Evercore</b>ISI列举了一系列他们喜欢并认为被低估的半导体芯片制造商，英伟达不在其中。摩根推荐<b>Qualcomm</b>由于其盈利上升，Evercore选择了<b>微米</b>作为一只“结构性被低估”的股票，巴克莱、贝尔德和花旗上调了目标价<b>Broadcom</b>根据对其产品的需求，TheFly.com今天报道。</blockquote></p><p> Nvidia shares sell for 93 times trailing earnings. Micron is valued at less than 17 times earnings; Qualcomm is at 23 times, and Broadcom is at 47. It's pretty clear why Wall Street might consider these stocks relatively better deals than Nvidia.</p><p><blockquote>Nvidia股票的售价是往绩市盈率的93倍。美光科技的市盈率不到17倍；高通为23倍，博通为47倍。很明显，为什么华尔街可能认为这些股票比英伟达相对更划算。</blockquote></p><p> And it's just as clear why some investors might have decided that now is a good time to&nbsp;cash out some Nvidia stock winnings, and reinvest them in relatively&nbsp;cheaper stocks.</p><p><blockquote>同样清楚的是，为什么一些投资者可能认为现在是兑现一些英伟达股票奖金并将其再投资于相对便宜的股票的好时机。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.fool.com/investing/2021/12/13/why-nvidia-stock-keeps-dropping/\">Motley Fool</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NVDA":"英伟达"},"source_url":"https://www.fool.com/investing/2021/12/13/why-nvidia-stock-keeps-dropping/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1193701389","content_text":"What happened\nShares of semiconductor company Nvidia dropped again on Monday -- down 6.8% as of closed -- its fourth straight down day in a row. There doesn't appear to be any particular news behind today's decline, at least not specific to Nvidia.\nImage source: Getty Images.\nSo what\nFrom a big picture perspective, the news isn't great. CNBC reported this morning there's a risk that the ongoing chip shortage could depress Christmas shopping this year.\nAlthough high demand for high-end Nvidia graphics chips is generally good news for the company and its pricing power, the network notes that \"semiconductors are beneath the hood of an increasing number of products,\" but \"things made with chips don't just use one chip.\" Thus, even a PC manufacturer lucky enough to get hold of all the Nvidia chips it needs might not be able to sell its PC if it can't also get all the power control, memory, and other chips it also needs to build the product. Or the manufacturer might not buy the Nvidia chips in the first place if it knows it won't be able to obtain the other chips.\nNow what\nThat's one risk Nvidia investors face. A bigger risk, though, may be its high-flying stock price.\nThis morning, analysts at JPMorgan, at UBS, at Barclays,Citigroup, R.W. Baird, and Evercore ISI cited a range of semiconductor chipmakers that they like and believe are undervalued, and Nvidia wasn't one of them. Morgan recommended Qualcomm for its earnings upside, Evercore picked Micron as a stock that is \"structurally undervalued,\" and Barclays, Baird, and Citi raised their price targets on Broadcom based on demand for its products,TheFly.com reported today.\nNvidia shares sell for 93 times trailing earnings. Micron is valued at less than 17 times earnings; Qualcomm is at 23 times, and Broadcom is at 47. It's pretty clear why Wall Street might consider these stocks relatively better deals than Nvidia.\nAnd it's just as clear why some investors might have decided that now is a good time to cash out some Nvidia stock winnings, and reinvest them in relatively cheaper stocks.","news_type":1,"symbols_score_info":{"NVDA":0.9}},"isVote":1,"tweetType":1,"viewCount":1932,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":604678317,"gmtCreate":1639394969166,"gmtModify":1639394969344,"author":{"id":"3586473514667147","authorId":"3586473514667147","name":"gky","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3586473514667147","idStr":"3586473514667147"},"themes":[],"htmlText":"All the best&nbsp;","listText":"All the best&nbsp;","text":"All the best","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/604678317","repostId":"1135293840","repostType":4,"isVote":1,"tweetType":1,"viewCount":2957,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":604925550,"gmtCreate":1639315932816,"gmtModify":1639315933026,"author":{"id":"3586473514667147","authorId":"3586473514667147","name":"gky","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3586473514667147","idStr":"3586473514667147"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/604925550","repostId":"2190992671","repostType":4,"isVote":1,"tweetType":1,"viewCount":1063,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":605487998,"gmtCreate":1639219203601,"gmtModify":1639219203845,"author":{"id":"3586473514667147","authorId":"3586473514667147","name":"gky","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3586473514667147","idStr":"3586473514667147"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/605487998","repostId":"2190484675","repostType":4,"isVote":1,"tweetType":1,"viewCount":915,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":602703493,"gmtCreate":1639062723760,"gmtModify":1639062800873,"author":{"id":"3586473514667147","authorId":"3586473514667147","name":"gky","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3586473514667147","idStr":"3586473514667147"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/602703493","repostId":"1106538194","repostType":4,"repost":{"id":"1106538194","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":1639060286,"share":"https://www.laohu8.com/m/news/1106538194?lang=zh_CN&edition=full","pubTime":"2021-12-09 22:31","market":"us","language":"en","title":"U.S. stock indexes pull back modestly at Thursday's open, poised to snap 3-day string of gains<blockquote>美国股指周四开盘小幅回调，有望snap连续三天上涨</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1106538194","media":"Tiger Newspress","summary":"U.S. stocks dipped on Thursday, after the major averages posted a third straight day of gains as tra","content":"<p>U.S. stocks dipped on Thursday, after the major averages posted a&nbsp;third straight day of gains&nbsp;as traders bet that the omicron variant’s economic impacts won’t be as severe as initially thought.</p><p><blockquote>美国股市周四下跌，此前主要股指连续第三天上涨，交易员押注奥密克戎变种对经济的影响不会像最初想象的那么严重。</blockquote></p><p> The Dow Jones Industrial Average slid 148 points, or 0.4%. The S&amp;P 500 and Nasdaq Composite each fell 0.3%.</p><p><blockquote>道琼斯工业平均指数下跌148点，跌幅0.4%。标普500和纳斯达克综合指数均下跌0.3%。</blockquote></p><p> Several travel-related stocks, which led the market higher throughout the week, were lower Thursday morning. Shares of Carnival fell 2%. Casino stocks Wynn Resorts and Las Vegas Sands fell 1%. United and Delta Air Lines were 1% lower too.</p><p><blockquote>几只全周领涨市场的旅游相关股票周四上午走低。嘉年华股价下跌2%。赌场股永利度假村和拉斯维加斯金沙集团下跌1%。联合航空和达美航空也下跌1%。</blockquote></p><p> Separately, shares of Rent The Runway tumbled by 12% after reporting swelling losses and lower than pre-pandemic subscriber growth for its most recent quarter. Electric vehicle maker Lucid saw shares fall 4% after announcing a $1.75 billion offering of convertible senior notes.</p><p><blockquote>另外，Rent The Runway的股价下跌12%，此前该公司报告最近一个季度的亏损不断扩大，用户增长率低于大流行前。电动汽车制造商Lucid宣布发行17.5亿美元的可转换优先票据后，股价下跌4%。</blockquote></p><p> Still, there were some positive morning moves as well. CVS gained 2% after it&nbsp;issued upbeat guidance&nbsp;ahead of its Investor Day. Home retailer RH soared about 10% after it reported blowout earnings and lifted the low end of its revenue outlook.</p><p><blockquote>尽管如此，上午也有一些积极的走势。CVS在投资者日之前发布乐观指引后上涨2%。家居零售商RH在公布井喷式盈利并上调收入预期下限后，股价飙升约10%。</blockquote></p><p> There are some notable earnings reports on Thursday, including from Oracle, Broadcom and Lululemon, all of which report after the market closes.</p><p><blockquote>周四有一些值得注意的收益报告，包括甲骨文、博通和Lululemon，所有这些报告都是在收盘后发布的。</blockquote></p><p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>U.S. stock indexes pull back modestly at Thursday's open, poised to snap 3-day string of gains<blockquote>美国股指周四开盘小幅回调，有望snap连续三天上涨</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\">\nU.S. stock indexes pull back modestly at Thursday's open, poised to snap 3-day string of gains<blockquote>美国股指周四开盘小幅回调，有望snap连续三天上涨</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\">2021-12-09 22:31</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>U.S. stocks dipped on Thursday, after the major averages posted a&nbsp;third straight day of gains&nbsp;as traders bet that the omicron variant’s economic impacts won’t be as severe as initially thought.</p><p><blockquote>美国股市周四下跌，此前主要股指连续第三天上涨，交易员押注奥密克戎变种对经济的影响不会像最初想象的那么严重。</blockquote></p><p> The Dow Jones Industrial Average slid 148 points, or 0.4%. The S&amp;P 500 and Nasdaq Composite each fell 0.3%.</p><p><blockquote>道琼斯工业平均指数下跌148点，跌幅0.4%。标普500和纳斯达克综合指数均下跌0.3%。</blockquote></p><p> Several travel-related stocks, which led the market higher throughout the week, were lower Thursday morning. Shares of Carnival fell 2%. Casino stocks Wynn Resorts and Las Vegas Sands fell 1%. United and Delta Air Lines were 1% lower too.</p><p><blockquote>几只全周领涨市场的旅游相关股票周四上午走低。嘉年华股价下跌2%。赌场股永利度假村和拉斯维加斯金沙集团下跌1%。联合航空和达美航空也下跌1%。</blockquote></p><p> Separately, shares of Rent The Runway tumbled by 12% after reporting swelling losses and lower than pre-pandemic subscriber growth for its most recent quarter. Electric vehicle maker Lucid saw shares fall 4% after announcing a $1.75 billion offering of convertible senior notes.</p><p><blockquote>另外，Rent The Runway的股价下跌12%，此前该公司报告最近一个季度的亏损不断扩大，用户增长率低于大流行前。电动汽车制造商Lucid宣布发行17.5亿美元的可转换优先票据后，股价下跌4%。</blockquote></p><p> Still, there were some positive morning moves as well. CVS gained 2% after it&nbsp;issued upbeat guidance&nbsp;ahead of its Investor Day. Home retailer RH soared about 10% after it reported blowout earnings and lifted the low end of its revenue outlook.</p><p><blockquote>尽管如此，上午也有一些积极的走势。CVS在投资者日之前发布乐观指引后上涨2%。家居零售商RH在公布井喷式盈利并上调收入预期下限后，股价飙升约10%。</blockquote></p><p> There are some notable earnings reports on Thursday, including from Oracle, Broadcom and Lululemon, all of which report after the market closes.</p><p><blockquote>周四有一些值得注意的收益报告，包括甲骨文、博通和Lululemon，所有这些报告都是在收盘后发布的。</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":"1106538194","content_text":"U.S. stocks dipped on Thursday, after the major averages posted a third straight day of gains as traders bet that the omicron variant’s economic impacts won’t be as severe as initially thought.\nThe Dow Jones Industrial Average slid 148 points, or 0.4%. The S&P 500 and Nasdaq Composite each fell 0.3%.\nSeveral travel-related stocks, which led the market higher throughout the week, were lower Thursday morning. Shares of Carnival fell 2%. Casino stocks Wynn Resorts and Las Vegas Sands fell 1%. United and Delta Air Lines were 1% lower too.\nSeparately, shares of Rent The Runway tumbled by 12% after reporting swelling losses and lower than pre-pandemic subscriber growth for its most recent quarter. Electric vehicle maker Lucid saw shares fall 4% after announcing a $1.75 billion offering of convertible senior notes.\nStill, there were some positive morning moves as well. CVS gained 2% after it issued upbeat guidance ahead of its Investor Day. Home retailer RH soared about 10% after it reported blowout earnings and lifted the low end of its revenue outlook.\nThere are some notable earnings reports on Thursday, including from Oracle, Broadcom and Lululemon, all of which report after the market closes.","news_type":1,"symbols_score_info":{".DJI":0.9,".IXIC":0.9,".SPX":0.9}},"isVote":1,"tweetType":1,"viewCount":1138,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":602398338,"gmtCreate":1638968727368,"gmtModify":1638968914373,"author":{"id":"3586473514667147","authorId":"3586473514667147","name":"gky","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3586473514667147","idStr":"3586473514667147"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/602398338","repostId":"1100185922","repostType":4,"repost":{"id":"1100185922","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":1638962762,"share":"https://www.laohu8.com/m/news/1100185922?lang=zh_CN&edition=full","pubTime":"2021-12-08 19:26","market":"us","language":"en","title":"Some crypto stocks corrected in premarket trading<blockquote>一些加密货币股票在盘前交易中调整</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1100185922","media":"Tiger Newspress","summary":"Some crypto stocks corrected in premarket trading.Riot Blockchain,Marathon Digital,The9,Ebang Intern","content":"<p>Some crypto stocks corrected in premarket trading.Riot Blockchain,Marathon Digital,The9,Ebang&nbsp;International,Coinbase&nbsp;and&nbsp;Canaan&nbsp;fell&nbsp;between 1% and 5%.</p><p><blockquote>一些加密货币股票在盘前交易中回调。Riot Blockchain、Marathon Digital、第九城市、亿邦国际、Coinbase和嘉楠耘智下跌1%至5%。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/021d1befab1d83a685693efd077ebee3\" tg-width=\"402\" tg-height=\"423\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Some crypto stocks corrected in premarket trading<blockquote>一些加密货币股票在盘前交易中调整</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\">\nSome crypto stocks corrected in premarket trading<blockquote>一些加密货币股票在盘前交易中调整</blockquote>\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time smaller\">2021-12-08 19:26</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>Some crypto stocks corrected in premarket trading.Riot Blockchain,Marathon Digital,The9,Ebang&nbsp;International,Coinbase&nbsp;and&nbsp;Canaan&nbsp;fell&nbsp;between 1% and 5%.</p><p><blockquote>一些加密货币股票在盘前交易中回调。Riot Blockchain、Marathon Digital、第九城市、亿邦国际、Coinbase和嘉楠耘智下跌1%至5%。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/021d1befab1d83a685693efd077ebee3\" tg-width=\"402\" tg-height=\"423\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NCTY":"第九城市","SOS":"SOS Limited","EBON":"亿邦国际","CAN":"嘉楠科技","RIOT":"Riot Platforms","COIN":"Coinbase Global, Inc.","MARA":"MARA Holdings"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1100185922","content_text":"Some crypto stocks corrected in premarket trading.Riot Blockchain,Marathon Digital,The9,Ebang International,Coinbase and Canaan fell between 1% and 5%.","news_type":1,"symbols_score_info":{"EBON":0.9,"COIN":0.9,"MARA":0.9,"RIOT":0.9,"CAN":0.9,"SOS":0.9,"NCTY":0.9}},"isVote":1,"tweetType":1,"viewCount":1188,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":606283346,"gmtCreate":1638885149816,"gmtModify":1638885150004,"author":{"id":"3586473514667147","authorId":"3586473514667147","name":"gky","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3586473514667147","idStr":"3586473514667147"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/606283346","repostId":"1114040351","repostType":4,"repost":{"id":"1114040351","kind":"news","pubTimestamp":1638883839,"share":"https://www.laohu8.com/m/news/1114040351?lang=zh_CN&edition=full","pubTime":"2021-12-07 21:30","market":"us","language":"en","title":"CrowdStrike Stock: What To Consider After Recent Earnings<blockquote>CrowdStrike股票：近期盈利后需要考虑什么</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1114040351","media":"Seeking Alpha","summary":"Summary\n\nCrowdStrike delivered yet another strong quarter, though its stock took a nosedive amidst t","content":"<p><b>Summary</b></p><p><blockquote><b>总结</b></blockquote></p><p> <ul>  <li>CrowdStrike delivered yet another strong quarter, though its stock took a nosedive amidst the tech sector rout.</li>  <li>The stock still doesn't trade cheaply but it has arguably earned a premium multiple through consistent growth and strong cash flow generation.</li>  <li>Cybersecurity is like insurance that all firms will need to purchase for cloud security.</li>  <li>I rate shares a buy as the reduced multiples leave much room to the upside.</li> </ul> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/770bf376305b1167868307e6a5706acf\" tg-width=\"1536\" tg-height=\"864\" width=\"100%\" height=\"auto\"><span>gorodenkoff/iStock via Getty Images</span></p><p><blockquote><ul><li>CrowdStrike又一个强劲的季度业绩，尽管其股价在科技行业暴跌中暴跌。</li><li>该股的交易价格仍然不便宜，但通过持续的增长和强劲的现金流生成，它可以说已经获得了溢价倍数。</li><li>网络安全就像所有公司都需要为云安全购买的保险。</li><li>我将股票评级为买入，因为市盈率的降低留下了很大的上涨空间。</li></ul><p class=\"t-img-caption\"><span>gorodenkoff/iStock来自Getty Images</span></p></blockquote></p><p> CrowdStrike (CRWD) might not come up at the top of the list of cheapest tech stocks to buy, but it has seen its stock get hammered amidst the tech sector correction. The stock has typically traded very richly, making the volatility less surprising, but CRWD remains one of the highest quality stocks in the market today. I view its cybersecurity offerings to be akin to buying insurance for cloud security, making it a critical growth area for the indefinite future. Due to the perceived reliability of future growth, the stock looks ripe for a re-rating. I rate shares a buy.</p><p><blockquote>CrowdStrike(CRWD)可能不会在最便宜的科技股名单中名列前茅，但其股价在科技行业调整中遭受重创。该股通常交易非常丰富，因此波动性并不令人意外，但CRWD仍然是当今市场上质量最高的股票之一。我认为其网络安全产品类似于为云安全购买保险，使其成为未来不确定的关键增长领域。由于人们认为未来增长的可靠性，该股重新评级的时机似乎已经成熟。我将股票评级为买入。</blockquote></p><p> <b>CRWD Stock Price</b></p><p><blockquote><b>CRWD股价</b></blockquote></p><p> CRWD almost perfectly shows what can be expected from a high-growth, high volatility stock, as it appears to move sharply higher during bull runs, and sharply lower during corrections as it has as of late.</p><p><blockquote>CRWD几乎完美地展示了高增长、高波动性股票的预期，因为它似乎在牛市期间大幅走高，而在最近的调整期间大幅走低。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/79116039cda946b91fda98731f1f5e82\" tg-width=\"635\" tg-height=\"417\" width=\"100%\" height=\"auto\"></p><p><blockquote></blockquote></p><p> CRWD has typically traded at egregious multiples which had kept me from meaningfully investing in the name. Now trading just under $200 per share, one must start wondering if there’s even a value proposition here. While CRWD might not be a household name to the common person, it appears to be a household favorite for Wall Street firms as it is some sort of insurance for anyone operating in the cloud. While the stock far from the cheapest name in the tech sector, this may be the time to pounce.</p><p><blockquote>CRWD的交易市盈率通常高得离谱，这使我无法对该名称进行有意义的投资。现在每股交易价格略低于200美元，人们必须开始怀疑这里是否存在价值主张。虽然CRWD对普通人来说可能不是一个家喻户晓的名字，但它似乎是华尔街公司家喻户晓的最爱，因为它是任何在云中运营的人的某种保险。虽然该股远非科技行业最便宜的股票，但现在可能是买入的时候了。</blockquote></p><p> <b>Is CrowdStrike Overvalued?</b></p><p><blockquote><b>CrowdStrike被高估了吗？</b></blockquote></p><p> Even after the decline, is CRWD still overvalued? At least judging based on the stock price versus consensus price targets, CRWD is trading at its largest difference in many months.</p><p><blockquote>即使下跌后，CRWD仍然被高估吗？至少从股价与共识目标价来看，CRWD的交易价格处于数月来的最大差异。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/400c546bc352da19770dc0892e11c65d\" tg-width=\"1280\" tg-height=\"682\" width=\"100%\" height=\"auto\"><span>Seeking Alpha</span></p><p><blockquote><p class=\"t-img-caption\"><span>寻求阿尔法</span></p></blockquote></p><p> That is no guarantee that CRWD is undervalued, but it gives an indication to the extent that CRWD has fallen amidst the recent market correction.</p><p><blockquote>这并不能保证CRWD被低估，但它表明了CRWD在最近的市场调整中下跌的程度。</blockquote></p><p> <b>What To Expect After CrowdStrike Earnings</b></p><p><blockquote><b>CrowdStrike盈利后会发生什么</b></blockquote></p><p> CRWD is a best in class cybersecurity firm which has seen its customer base grow 75% year over year.</p><p><blockquote>CRWD是一家一流的网络安全公司，其客户群同比增长75%。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/529fe5ee504f170ba474658746cdb8b3\" tg-width=\"1280\" tg-height=\"644\" width=\"100%\" height=\"auto\"><span>Investor Presentation</span></p><p><blockquote><p class=\"t-img-caption\"><span>投资者介绍</span></p></blockquote></p><p> That is no guarantee that CRWD is undervalued, but it gives an indication to the extent that CRWD has fallen amidst the recent market correction.</p><p><blockquote>这并不能保证CRWD被低估，但它表明了CRWD在最近的市场调整中下跌的程度。</blockquote></p><p> <b>What To Expect After CrowdStrike Earnings</b></p><p><blockquote><b>CrowdStrike盈利后会发生什么</b></blockquote></p><p> CRWD is a best in class cybersecurity firm which has seen its customer base grow 75% year over year.</p><p><blockquote>CRWD是一家一流的网络安全公司，其客户群同比增长75%。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/529fe5ee504f170ba474658746cdb8b3\" tg-width=\"1280\" tg-height=\"644\" width=\"100%\" height=\"auto\"><span>Investor Presentation</span></p><p><blockquote><p class=\"t-img-caption\"><span>投资者介绍</span></p></blockquote></p><p> Judging based on the metrics above, it appears that CRWD still has more room to grow even among the largest companies. The more that CRWD continues to take market share in the sector, the easier it becomes to attract new clients due to the powerful brand recognition. If the top companies in your sector are using CrowdStrike and you aren’t, then that may put you at greater risk in the event of a cybersecurity event.</p><p><blockquote>根据上述指标判断，即使在最大的公司中，CRWD似乎仍有更大的增长空间。CRWD在该领域的市场份额越大，由于强大的品牌认知度，就越容易吸引新客户。如果你所在行业的顶级公司正在使用CrowdStrike，而你没有，那么在发生网络安全事件时，这可能会让你面临更大的风险。</blockquote></p><p> CRWD has generated strong dollar-based retention rates in excess of its 120% benchmark.</p><p><blockquote>CRWD以美元计价的保留率强劲，超过了120%的基准。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/95654debcba36ed79f4e2d5a19b086b2\" tg-width=\"1280\" tg-height=\"529\" width=\"100%\" height=\"auto\"><span>Investor Presentation</span></p><p><blockquote><p class=\"t-img-caption\"><span>投资者介绍</span></p></blockquote></p><p> CRWD charges on a per-endpoint model, which should help sustain the high dollar-based retention rates as the world continues moving toward a digital world. Combining high dollar-based retention rates with customer growth has helped CRWD grow its annual recurring revenues by 67% in the latest quarter.</p><p><blockquote>CRWD按每端点模式收费，随着世界继续走向数字世界，这应该有助于维持基于美元的高保留率。将高美元保留率与客户增长相结合，帮助CRWD在最近一个季度的年度经常性收入增长了67%。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/9cae35096ef4ecc024fbcb42dcbb204f\" tg-width=\"1280\" tg-height=\"652\" width=\"100%\" height=\"auto\"><span>Investor Presentation</span></p><p><blockquote><p class=\"t-img-caption\"><span>投资者介绍</span></p></blockquote></p><p> While CRWD is not yet GAAP profitable, it has been consistently achieving operating leverage and is solidly profitable on a non-GAAP basis (the main difference is stock based compensation)</p><p><blockquote>虽然CRWD尚未按照GAAP实现盈利，但它一直在实现运营杠杆，并且在非GAAP基础上实现稳健盈利（主要区别在于基于股票的薪酬）</blockquote></p><p></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/d65ba9f58338fda3266fa25e94bc720f\" tg-width=\"1280\" tg-height=\"770\" width=\"100%\" height=\"auto\"><span>Investor Presentation</span></p><p><blockquote><p class=\"t-img-caption\"><span>投资者介绍</span></p></blockquote></p><p> In fact, I suspect that CRWD’s 32% free cash flow margin to be a huge drawing point for investors, as it may be predictive of future operating margins. CRWD’s cash flow generation has helped it amass over $1 billion in net cash. Looking forward, CRWD expects the strong growth to continue, as it expects organizations to steadily increase their spend on cloud security to as much as 10% of its IT budget.</p><p><blockquote>事实上，我怀疑CRWD 32%的自由现金流利润率对投资者来说是一个巨大的吸引力，因为它可能预示着未来的营业利润率。CRWD的现金流生成帮助其积累了超过10亿美元的净现金。展望未来，CRWD预计强劲增长将持续下去，因为它预计组织将稳步增加云安全支出，达到其IT预算的10%。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/c72dde811a34c995ed10fe2d1104153a\" tg-width=\"1280\" tg-height=\"661\" width=\"100%\" height=\"auto\"><span>Investor Presentation</span></p><p><blockquote><p class=\"t-img-caption\"><span>投资者介绍</span></p></blockquote></p><p> This kind of thinking makes CRWD appear like some sort of insurance for anyone in the cloud, which is arguably a phenomenal place to be in the expense structure. Further, there is the clear implication that CRWD will grow in-line with the growth of data, which is one of the stronger secular growth stories in the market today.</p><p><blockquote>这种想法使得CRWD看起来像是云中任何人的某种保险，这可以说是费用结构中的一个非凡位置。此外，这显然意味着CRWD将随着数据的增长而增长，这是当今市场上更强劲的长期增长故事之一。</blockquote></p><p> <b>Is CRWD Stock A Buy, Sell, or Hold?</b></p><p><blockquote><b>CRWD股票是买入、卖出还是持有？</b></blockquote></p><p> The strong growth, solid cash flow generation, and insurance-like niche all make CRWD look like a safe stock. That safety characteristic has helped it trade at healthy multiples. Even after the recent stock declines, CRWD still trades above 30x sales.</p><p><blockquote>强劲的增长、稳健的现金流生成以及类似保险的利基市场都使CRWD看起来像是一只安全的股票。这种安全特征帮助其以健康的市盈率进行交易。即使在最近股价下跌之后，CRWD的交易价格仍然超过销售额的30倍。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/aa7c00bbe9df86dcc89839f27d128f1e\" tg-width=\"1280\" tg-height=\"214\" width=\"100%\" height=\"auto\"><span>Seeking Alpha</span></p><p><blockquote><p class=\"t-img-caption\"><span>寻求阿尔法</span></p></blockquote></p><p> What is a fair value for the stock? CRWD has guided for long term 20% operating margins.</p><p><blockquote>股票的公允价值是多少？CRWD指导长期营业利润率为20%。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/1614660c29368136dad041d45dde80b4\" tg-width=\"1280\" tg-height=\"624\" width=\"100%\" height=\"auto\"><span>Investor Presentation</span></p><p><blockquote><p class=\"t-img-caption\"><span>投资者介绍</span></p></blockquote></p><p> At the risk of coming off optimistic, I view these targets as being highly sandbagged especially considering that the company is already generating 40% cash flow margins. Nonetheless, I assume 30% long term operating margins (50% seems more reasonable). At recent prices, CRWD is trading at an effective 1.4x price to earnings growth ratio (‘PEG’) based on 2022e sales, and 1.3x PEG based on 2023e sales. Yet those projections for 2022 and 2023 growth seem understated, as CRWD should be able to get to around 20% growth just from dollar-based net retention alone. I expect CRWD to be able to sustain 30+% growth over the next five years at least. With that kind of reliable growth profile, I would expect CRWD to trade closer to a 2x PEG, implying around 40% potential returns over the next 12 months. CRWD isn’t cheap, but the stock looks very buyable on the thesis that its high quality is deserving of higher multiples. I note that such a thesis leaves plenty of room to the downside, as the stock will likely be punished severely in the event that growth estimates fall short or if the company loses its quality luster. That said, the recent broad declines in the tech sector have brought CRWD down to highly reasonable multiples which appear to leave much room to the upside. I rate shares a buy.</p><p><blockquote>冒着乐观的风险，我认为这些目标被高度沙袋化，特别是考虑到该公司已经产生了40%的现金流利润率。尽管如此，我假设长期营业利润率为30%（50%似乎更合理）。按照最近的价格，CRWD的有效市盈率(“PEG”)是基于2022年销售额的1.4倍，基于2023年销售额的PEG是1.3倍。然而，这些对2022年和2023年增长的预测似乎被低估了，因为CRWD仅从基于美元的净留存额中就应该能够实现20%左右的增长。我预计CRWD至少在未来五年内能够保持30%以上的增长。凭借这种可靠的增长状况，我预计CRWD的交易价格将接近2倍PEG，这意味着未来12个月的潜在回报率约为40%。CRWD并不便宜，但该股票看起来非常值得购买，因为它的高质量值得更高的市盈率。我注意到，这样的论点留下了很大的下行空间，因为如果增长预期低于预期或公司失去质量光泽，该股可能会受到严厉惩罚。尽管如此，近期科技行业的普遍下跌已使CRWD的市盈率降至非常合理的水平，这似乎留下了很大的上涨空间。我将股票评级为买入。</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>CrowdStrike Stock: What To Consider After Recent Earnings<blockquote>CrowdStrike股票：近期盈利后需要考虑什么</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\">\nCrowdStrike Stock: What To Consider After Recent Earnings<blockquote>CrowdStrike股票：近期盈利后需要考虑什么</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Seeking Alpha</strong><span class=\"h-time small\">2021-12-07 21:30</span>\n</p>\n</h4>\n</header>\n<article>\n<p><b>Summary</b></p><p><blockquote><b>总结</b></blockquote></p><p> <ul>  <li>CrowdStrike delivered yet another strong quarter, though its stock took a nosedive amidst the tech sector rout.</li>  <li>The stock still doesn't trade cheaply but it has arguably earned a premium multiple through consistent growth and strong cash flow generation.</li>  <li>Cybersecurity is like insurance that all firms will need to purchase for cloud security.</li>  <li>I rate shares a buy as the reduced multiples leave much room to the upside.</li> </ul> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/770bf376305b1167868307e6a5706acf\" tg-width=\"1536\" tg-height=\"864\" width=\"100%\" height=\"auto\"><span>gorodenkoff/iStock via Getty Images</span></p><p><blockquote><ul><li>CrowdStrike又一个强劲的季度业绩，尽管其股价在科技行业暴跌中暴跌。</li><li>该股的交易价格仍然不便宜，但通过持续的增长和强劲的现金流生成，它可以说已经获得了溢价倍数。</li><li>网络安全就像所有公司都需要为云安全购买的保险。</li><li>我将股票评级为买入，因为市盈率的降低留下了很大的上涨空间。</li></ul><p class=\"t-img-caption\"><span>gorodenkoff/iStock来自Getty Images</span></p></blockquote></p><p> CrowdStrike (CRWD) might not come up at the top of the list of cheapest tech stocks to buy, but it has seen its stock get hammered amidst the tech sector correction. The stock has typically traded very richly, making the volatility less surprising, but CRWD remains one of the highest quality stocks in the market today. I view its cybersecurity offerings to be akin to buying insurance for cloud security, making it a critical growth area for the indefinite future. Due to the perceived reliability of future growth, the stock looks ripe for a re-rating. I rate shares a buy.</p><p><blockquote>CrowdStrike(CRWD)可能不会在最便宜的科技股名单中名列前茅，但其股价在科技行业调整中遭受重创。该股通常交易非常丰富，因此波动性并不令人意外，但CRWD仍然是当今市场上质量最高的股票之一。我认为其网络安全产品类似于为云安全购买保险，使其成为未来不确定的关键增长领域。由于人们认为未来增长的可靠性，该股重新评级的时机似乎已经成熟。我将股票评级为买入。</blockquote></p><p> <b>CRWD Stock Price</b></p><p><blockquote><b>CRWD股价</b></blockquote></p><p> CRWD almost perfectly shows what can be expected from a high-growth, high volatility stock, as it appears to move sharply higher during bull runs, and sharply lower during corrections as it has as of late.</p><p><blockquote>CRWD几乎完美地展示了高增长、高波动性股票的预期，因为它似乎在牛市期间大幅走高，而在最近的调整期间大幅走低。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/79116039cda946b91fda98731f1f5e82\" tg-width=\"635\" tg-height=\"417\" width=\"100%\" height=\"auto\"></p><p><blockquote></blockquote></p><p> CRWD has typically traded at egregious multiples which had kept me from meaningfully investing in the name. Now trading just under $200 per share, one must start wondering if there’s even a value proposition here. While CRWD might not be a household name to the common person, it appears to be a household favorite for Wall Street firms as it is some sort of insurance for anyone operating in the cloud. While the stock far from the cheapest name in the tech sector, this may be the time to pounce.</p><p><blockquote>CRWD的交易市盈率通常高得离谱，这使我无法对该名称进行有意义的投资。现在每股交易价格略低于200美元，人们必须开始怀疑这里是否存在价值主张。虽然CRWD对普通人来说可能不是一个家喻户晓的名字，但它似乎是华尔街公司家喻户晓的最爱，因为它是任何在云中运营的人的某种保险。虽然该股远非科技行业最便宜的股票，但现在可能是买入的时候了。</blockquote></p><p> <b>Is CrowdStrike Overvalued?</b></p><p><blockquote><b>CrowdStrike被高估了吗？</b></blockquote></p><p> Even after the decline, is CRWD still overvalued? At least judging based on the stock price versus consensus price targets, CRWD is trading at its largest difference in many months.</p><p><blockquote>即使下跌后，CRWD仍然被高估吗？至少从股价与共识目标价来看，CRWD的交易价格处于数月来的最大差异。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/400c546bc352da19770dc0892e11c65d\" tg-width=\"1280\" tg-height=\"682\" width=\"100%\" height=\"auto\"><span>Seeking Alpha</span></p><p><blockquote><p class=\"t-img-caption\"><span>寻求阿尔法</span></p></blockquote></p><p> That is no guarantee that CRWD is undervalued, but it gives an indication to the extent that CRWD has fallen amidst the recent market correction.</p><p><blockquote>这并不能保证CRWD被低估，但它表明了CRWD在最近的市场调整中下跌的程度。</blockquote></p><p> <b>What To Expect After CrowdStrike Earnings</b></p><p><blockquote><b>CrowdStrike盈利后会发生什么</b></blockquote></p><p> CRWD is a best in class cybersecurity firm which has seen its customer base grow 75% year over year.</p><p><blockquote>CRWD是一家一流的网络安全公司，其客户群同比增长75%。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/529fe5ee504f170ba474658746cdb8b3\" tg-width=\"1280\" tg-height=\"644\" width=\"100%\" height=\"auto\"><span>Investor Presentation</span></p><p><blockquote><p class=\"t-img-caption\"><span>投资者介绍</span></p></blockquote></p><p> That is no guarantee that CRWD is undervalued, but it gives an indication to the extent that CRWD has fallen amidst the recent market correction.</p><p><blockquote>这并不能保证CRWD被低估，但它表明了CRWD在最近的市场调整中下跌的程度。</blockquote></p><p> <b>What To Expect After CrowdStrike Earnings</b></p><p><blockquote><b>CrowdStrike盈利后会发生什么</b></blockquote></p><p> CRWD is a best in class cybersecurity firm which has seen its customer base grow 75% year over year.</p><p><blockquote>CRWD是一家一流的网络安全公司，其客户群同比增长75%。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/529fe5ee504f170ba474658746cdb8b3\" tg-width=\"1280\" tg-height=\"644\" width=\"100%\" height=\"auto\"><span>Investor Presentation</span></p><p><blockquote><p class=\"t-img-caption\"><span>投资者介绍</span></p></blockquote></p><p> Judging based on the metrics above, it appears that CRWD still has more room to grow even among the largest companies. The more that CRWD continues to take market share in the sector, the easier it becomes to attract new clients due to the powerful brand recognition. If the top companies in your sector are using CrowdStrike and you aren’t, then that may put you at greater risk in the event of a cybersecurity event.</p><p><blockquote>根据上述指标判断，即使在最大的公司中，CRWD似乎仍有更大的增长空间。CRWD在该领域的市场份额越大，由于强大的品牌认知度，就越容易吸引新客户。如果你所在行业的顶级公司正在使用CrowdStrike，而你没有，那么在发生网络安全事件时，这可能会让你面临更大的风险。</blockquote></p><p> CRWD has generated strong dollar-based retention rates in excess of its 120% benchmark.</p><p><blockquote>CRWD以美元计价的保留率强劲，超过了120%的基准。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/95654debcba36ed79f4e2d5a19b086b2\" tg-width=\"1280\" tg-height=\"529\" width=\"100%\" height=\"auto\"><span>Investor Presentation</span></p><p><blockquote><p class=\"t-img-caption\"><span>投资者介绍</span></p></blockquote></p><p> CRWD charges on a per-endpoint model, which should help sustain the high dollar-based retention rates as the world continues moving toward a digital world. Combining high dollar-based retention rates with customer growth has helped CRWD grow its annual recurring revenues by 67% in the latest quarter.</p><p><blockquote>CRWD按每端点模式收费，随着世界继续走向数字世界，这应该有助于维持基于美元的高保留率。将高美元保留率与客户增长相结合，帮助CRWD在最近一个季度的年度经常性收入增长了67%。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/9cae35096ef4ecc024fbcb42dcbb204f\" tg-width=\"1280\" tg-height=\"652\" width=\"100%\" height=\"auto\"><span>Investor Presentation</span></p><p><blockquote><p class=\"t-img-caption\"><span>投资者介绍</span></p></blockquote></p><p> While CRWD is not yet GAAP profitable, it has been consistently achieving operating leverage and is solidly profitable on a non-GAAP basis (the main difference is stock based compensation)</p><p><blockquote>虽然CRWD尚未按照GAAP实现盈利，但它一直在实现运营杠杆，并且在非GAAP基础上实现稳健盈利（主要区别在于基于股票的薪酬）</blockquote></p><p></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/d65ba9f58338fda3266fa25e94bc720f\" tg-width=\"1280\" tg-height=\"770\" width=\"100%\" height=\"auto\"><span>Investor Presentation</span></p><p><blockquote><p class=\"t-img-caption\"><span>投资者介绍</span></p></blockquote></p><p> In fact, I suspect that CRWD’s 32% free cash flow margin to be a huge drawing point for investors, as it may be predictive of future operating margins. CRWD’s cash flow generation has helped it amass over $1 billion in net cash. Looking forward, CRWD expects the strong growth to continue, as it expects organizations to steadily increase their spend on cloud security to as much as 10% of its IT budget.</p><p><blockquote>事实上，我怀疑CRWD 32%的自由现金流利润率对投资者来说是一个巨大的吸引力，因为它可能预示着未来的营业利润率。CRWD的现金流生成帮助其积累了超过10亿美元的净现金。展望未来，CRWD预计强劲增长将持续下去，因为它预计组织将稳步增加云安全支出，达到其IT预算的10%。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/c72dde811a34c995ed10fe2d1104153a\" tg-width=\"1280\" tg-height=\"661\" width=\"100%\" height=\"auto\"><span>Investor Presentation</span></p><p><blockquote><p class=\"t-img-caption\"><span>投资者介绍</span></p></blockquote></p><p> This kind of thinking makes CRWD appear like some sort of insurance for anyone in the cloud, which is arguably a phenomenal place to be in the expense structure. Further, there is the clear implication that CRWD will grow in-line with the growth of data, which is one of the stronger secular growth stories in the market today.</p><p><blockquote>这种想法使得CRWD看起来像是云中任何人的某种保险，这可以说是费用结构中的一个非凡位置。此外，这显然意味着CRWD将随着数据的增长而增长，这是当今市场上更强劲的长期增长故事之一。</blockquote></p><p> <b>Is CRWD Stock A Buy, Sell, or Hold?</b></p><p><blockquote><b>CRWD股票是买入、卖出还是持有？</b></blockquote></p><p> The strong growth, solid cash flow generation, and insurance-like niche all make CRWD look like a safe stock. That safety characteristic has helped it trade at healthy multiples. Even after the recent stock declines, CRWD still trades above 30x sales.</p><p><blockquote>强劲的增长、稳健的现金流生成以及类似保险的利基市场都使CRWD看起来像是一只安全的股票。这种安全特征帮助其以健康的市盈率进行交易。即使在最近股价下跌之后，CRWD的交易价格仍然超过销售额的30倍。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/aa7c00bbe9df86dcc89839f27d128f1e\" tg-width=\"1280\" tg-height=\"214\" width=\"100%\" height=\"auto\"><span>Seeking Alpha</span></p><p><blockquote><p class=\"t-img-caption\"><span>寻求阿尔法</span></p></blockquote></p><p> What is a fair value for the stock? CRWD has guided for long term 20% operating margins.</p><p><blockquote>股票的公允价值是多少？CRWD指导长期营业利润率为20%。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/1614660c29368136dad041d45dde80b4\" tg-width=\"1280\" tg-height=\"624\" width=\"100%\" height=\"auto\"><span>Investor Presentation</span></p><p><blockquote><p class=\"t-img-caption\"><span>投资者介绍</span></p></blockquote></p><p> At the risk of coming off optimistic, I view these targets as being highly sandbagged especially considering that the company is already generating 40% cash flow margins. Nonetheless, I assume 30% long term operating margins (50% seems more reasonable). At recent prices, CRWD is trading at an effective 1.4x price to earnings growth ratio (‘PEG’) based on 2022e sales, and 1.3x PEG based on 2023e sales. Yet those projections for 2022 and 2023 growth seem understated, as CRWD should be able to get to around 20% growth just from dollar-based net retention alone. I expect CRWD to be able to sustain 30+% growth over the next five years at least. With that kind of reliable growth profile, I would expect CRWD to trade closer to a 2x PEG, implying around 40% potential returns over the next 12 months. CRWD isn’t cheap, but the stock looks very buyable on the thesis that its high quality is deserving of higher multiples. I note that such a thesis leaves plenty of room to the downside, as the stock will likely be punished severely in the event that growth estimates fall short or if the company loses its quality luster. That said, the recent broad declines in the tech sector have brought CRWD down to highly reasonable multiples which appear to leave much room to the upside. I rate shares a buy.</p><p><blockquote>冒着乐观的风险，我认为这些目标被高度沙袋化，特别是考虑到该公司已经产生了40%的现金流利润率。尽管如此，我假设长期营业利润率为30%（50%似乎更合理）。按照最近的价格，CRWD的有效市盈率(“PEG”)是基于2022年销售额的1.4倍，基于2023年销售额的PEG是1.3倍。然而，这些对2022年和2023年增长的预测似乎被低估了，因为CRWD仅从基于美元的净留存额中就应该能够实现20%左右的增长。我预计CRWD至少在未来五年内能够保持30%以上的增长。凭借这种可靠的增长状况，我预计CRWD的交易价格将接近2倍PEG，这意味着未来12个月的潜在回报率约为40%。CRWD并不便宜，但该股票看起来非常值得购买，因为它的高质量值得更高的市盈率。我注意到，这样的论点留下了很大的下行空间，因为如果增长预期低于预期或公司失去质量光泽，该股可能会受到严厉惩罚。尽管如此，近期科技行业的普遍下跌已使CRWD的市盈率降至非常合理的水平，这似乎留下了很大的上涨空间。我将股票评级为买入。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://seekingalpha.com/article/4473627-crowdstrike-stock-recent-earnings\">Seeking Alpha</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"CRWD":"CrowdStrike Holdings, Inc."},"source_url":"https://seekingalpha.com/article/4473627-crowdstrike-stock-recent-earnings","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1114040351","content_text":"Summary\n\nCrowdStrike delivered yet another strong quarter, though its stock took a nosedive amidst the tech sector rout.\nThe stock still doesn't trade cheaply but it has arguably earned a premium multiple through consistent growth and strong cash flow generation.\nCybersecurity is like insurance that all firms will need to purchase for cloud security.\nI rate shares a buy as the reduced multiples leave much room to the upside.\n\ngorodenkoff/iStock via Getty Images\nCrowdStrike (CRWD) might not come up at the top of the list of cheapest tech stocks to buy, but it has seen its stock get hammered amidst the tech sector correction. The stock has typically traded very richly, making the volatility less surprising, but CRWD remains one of the highest quality stocks in the market today. I view its cybersecurity offerings to be akin to buying insurance for cloud security, making it a critical growth area for the indefinite future. Due to the perceived reliability of future growth, the stock looks ripe for a re-rating. I rate shares a buy.\nCRWD Stock Price\nCRWD almost perfectly shows what can be expected from a high-growth, high volatility stock, as it appears to move sharply higher during bull runs, and sharply lower during corrections as it has as of late.\n\nCRWD has typically traded at egregious multiples which had kept me from meaningfully investing in the name. Now trading just under $200 per share, one must start wondering if there’s even a value proposition here. While CRWD might not be a household name to the common person, it appears to be a household favorite for Wall Street firms as it is some sort of insurance for anyone operating in the cloud. While the stock far from the cheapest name in the tech sector, this may be the time to pounce.\nIs CrowdStrike Overvalued?\nEven after the decline, is CRWD still overvalued? At least judging based on the stock price versus consensus price targets, CRWD is trading at its largest difference in many months.\nSeeking Alpha\nThat is no guarantee that CRWD is undervalued, but it gives an indication to the extent that CRWD has fallen amidst the recent market correction.\nWhat To Expect After CrowdStrike Earnings\nCRWD is a best in class cybersecurity firm which has seen its customer base grow 75% year over year.\nInvestor Presentation\nThat is no guarantee that CRWD is undervalued, but it gives an indication to the extent that CRWD has fallen amidst the recent market correction.\nWhat To Expect After CrowdStrike Earnings\nCRWD is a best in class cybersecurity firm which has seen its customer base grow 75% year over year.\nInvestor Presentation\nJudging based on the metrics above, it appears that CRWD still has more room to grow even among the largest companies. The more that CRWD continues to take market share in the sector, the easier it becomes to attract new clients due to the powerful brand recognition. If the top companies in your sector are using CrowdStrike and you aren’t, then that may put you at greater risk in the event of a cybersecurity event.\nCRWD has generated strong dollar-based retention rates in excess of its 120% benchmark.\nInvestor Presentation\nCRWD charges on a per-endpoint model, which should help sustain the high dollar-based retention rates as the world continues moving toward a digital world. Combining high dollar-based retention rates with customer growth has helped CRWD grow its annual recurring revenues by 67% in the latest quarter.\nInvestor Presentation\nWhile CRWD is not yet GAAP profitable, it has been consistently achieving operating leverage and is solidly profitable on a non-GAAP basis (the main difference is stock based compensation)\nInvestor Presentation\nIn fact, I suspect that CRWD’s 32% free cash flow margin to be a huge drawing point for investors, as it may be predictive of future operating margins. CRWD’s cash flow generation has helped it amass over $1 billion in net cash. Looking forward, CRWD expects the strong growth to continue, as it expects organizations to steadily increase their spend on cloud security to as much as 10% of its IT budget.\nInvestor Presentation\nThis kind of thinking makes CRWD appear like some sort of insurance for anyone in the cloud, which is arguably a phenomenal place to be in the expense structure. Further, there is the clear implication that CRWD will grow in-line with the growth of data, which is one of the stronger secular growth stories in the market today.\nIs CRWD Stock A Buy, Sell, or Hold?\nThe strong growth, solid cash flow generation, and insurance-like niche all make CRWD look like a safe stock. That safety characteristic has helped it trade at healthy multiples. Even after the recent stock declines, CRWD still trades above 30x sales.\nSeeking Alpha\nWhat is a fair value for the stock? CRWD has guided for long term 20% operating margins.\nInvestor Presentation\nAt the risk of coming off optimistic, I view these targets as being highly sandbagged especially considering that the company is already generating 40% cash flow margins. Nonetheless, I assume 30% long term operating margins (50% seems more reasonable). At recent prices, CRWD is trading at an effective 1.4x price to earnings growth ratio (‘PEG’) based on 2022e sales, and 1.3x PEG based on 2023e sales. Yet those projections for 2022 and 2023 growth seem understated, as CRWD should be able to get to around 20% growth just from dollar-based net retention alone. I expect CRWD to be able to sustain 30+% growth over the next five years at least. With that kind of reliable growth profile, I would expect CRWD to trade closer to a 2x PEG, implying around 40% potential returns over the next 12 months. CRWD isn’t cheap, but the stock looks very buyable on the thesis that its high quality is deserving of higher multiples. I note that such a thesis leaves plenty of room to the downside, as the stock will likely be punished severely in the event that growth estimates fall short or if the company loses its quality luster. That said, the recent broad declines in the tech sector have brought CRWD down to highly reasonable multiples which appear to leave much room to the upside. I rate shares a buy.","news_type":1,"symbols_score_info":{"CRWD":0.9}},"isVote":1,"tweetType":1,"viewCount":1347,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":608465365,"gmtCreate":1638780772158,"gmtModify":1638781130495,"author":{"id":"3586473514667147","authorId":"3586473514667147","name":"gky","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3586473514667147","idStr":"3586473514667147"},"themes":[],"htmlText":"Buy","listText":"Buy","text":"Buy","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/608465365","repostId":"1104110830","repostType":4,"repost":{"id":"1104110830","kind":"news","pubTimestamp":1638779828,"share":"https://www.laohu8.com/m/news/1104110830?lang=zh_CN&edition=full","pubTime":"2021-12-06 16:37","market":"fut","language":"en","title":"Bitcoin plunged over the weekend. Here’s Why.<blockquote>比特币周末暴跌。原因如下。</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1104110830","media":"Barrons","summary":"The price of Bitcoin plummeted Saturday, building on losses that started a month ago and gathered st","content":"<p>The price of Bitcoin plummeted Saturday, building on losses that started a month ago and gathered steam this week after the Federal Reserve made clear that monetary support for markets is going away—soon.</p><p><blockquote>比特币价格周六暴跌，延续了一个月前开始的跌势，本周美联储明确表示对市场的货币支持即将消失后，价格进一步上涨。</blockquote></p><p> Cryptocurrency’s biggest player has fallen about 29% to $48,100 a coin since Nov. 8, when the price hit an all-time high. Most other speculative assets, including small-cap growth stocks, started to slide at the same time.</p><p><blockquote>自11月8日价格创下历史新高以来，加密货币最大参与者已下跌约29%，至每枚48,100美元。大多数其他投机性资产，包括小盘成长股，同时开始下滑。</blockquote></p><p> Early Saturday, the Bitcoin selling picked up, dropping more than 20% before clawing back some losses. At one point, the crypto lost roughly $10,000 in an hour, according to CoinDesk, a crypto news website. The price of Ether also fell and is down 16% since Nov. 8.</p><p><blockquote>周六早些时候，比特币抛售有所回升，跌幅超过20%，随后收复了部分跌幅。据加密货币新闻网站CoinDesk称，该加密货币一度在一小时内损失了约10,000美元。乙醚价格也下跌，自11月8日以来已下跌16%。</blockquote></p><p> This week’s losses seem tied to the latest Covid-19 variant, Omicron, and comments by Fed Chair Jerome Powell. On Tuesday, Powell signaled the central bank would move faster to end its pandemic-era bond-buying program.</p><p><blockquote>本周的损失似乎与最新的Covid-19变种、奥密克戎以及美联储主席Jerome Powell的言论有关。周二，鲍威尔暗示央行将更快地结束大流行时期的债券购买计划。</blockquote></p><p> The move would mean less money flowing into bonds, which would lower bond prices and lift their yields. And higher yields on safe, long-term bonds makes the most speculative assets—the long-term hopes of investors—less attractive to own. The stock market pulled back this week, too.</p><p><blockquote>此举将意味着流入债券的资金减少，从而降低债券价格并提高收益率。安全的长期债券收益率较高，使得投机性最强的资产——投资者的长期希望——对持有的吸引力降低。股市本周也有所回落。</blockquote></p><p> For Bitcoin, there is already buying interest because of its drawdown.&nbsp;The president of El Salvador, Nayib Bukele, announced his country had “bought the dip”&nbsp;at a price just over $48,000.</p><p><blockquote>对于比特币来说，由于其缩水，已经有了购买兴趣。萨尔瓦多总统纳伊布·布克莱宣布，萨尔瓦多以略高于48,000美元的价格“买入”。</blockquote></p><p> Volatility doesn’t surprise Bitcoin investors. The currency is up 63% year to date, but has lost just over half of its value from April to its July bottom. From that low, it more than doubled before topping out Nov. 8.</p><p><blockquote>比特币投资者对波动性并不感到意外。该货币今年迄今已上涨63%，但从4月份到7月份的底部，其价值已下跌了一半多一点。从那个低点开始，在11月8日见顶之前上涨了一倍多。</blockquote></p><p> So buying the dip may feel good in the moment, but Bitcoin investors won’t forget the correction from December 2017 to December 2018.</p><p><blockquote>因此，目前逢低买入可能感觉不错，但比特币投资者不会忘记2017年12月至2018年12月的调整。</blockquote></p><p> Beware, especially if the Fed tightens policy rapidly.</p><p><blockquote>要小心，尤其是如果美联储迅速收紧政策。</blockquote></p><p></p>","source":"lsy1601382232898","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Bitcoin plunged over the weekend. Here’s Why.<blockquote>比特币周末暴跌。原因如下。</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\">\nBitcoin plunged over the weekend. Here’s Why.<blockquote>比特币周末暴跌。原因如下。</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Barrons</strong><span class=\"h-time small\">2021-12-06 16:37</span>\n</p>\n</h4>\n</header>\n<article>\n<p>The price of Bitcoin plummeted Saturday, building on losses that started a month ago and gathered steam this week after the Federal Reserve made clear that monetary support for markets is going away—soon.</p><p><blockquote>比特币价格周六暴跌，延续了一个月前开始的跌势，本周美联储明确表示对市场的货币支持即将消失后，价格进一步上涨。</blockquote></p><p> Cryptocurrency’s biggest player has fallen about 29% to $48,100 a coin since Nov. 8, when the price hit an all-time high. Most other speculative assets, including small-cap growth stocks, started to slide at the same time.</p><p><blockquote>自11月8日价格创下历史新高以来，加密货币最大参与者已下跌约29%，至每枚48,100美元。大多数其他投机性资产，包括小盘成长股，同时开始下滑。</blockquote></p><p> Early Saturday, the Bitcoin selling picked up, dropping more than 20% before clawing back some losses. At one point, the crypto lost roughly $10,000 in an hour, according to CoinDesk, a crypto news website. The price of Ether also fell and is down 16% since Nov. 8.</p><p><blockquote>周六早些时候，比特币抛售有所回升，跌幅超过20%，随后收复了部分跌幅。据加密货币新闻网站CoinDesk称，该加密货币一度在一小时内损失了约10,000美元。乙醚价格也下跌，自11月8日以来已下跌16%。</blockquote></p><p> This week’s losses seem tied to the latest Covid-19 variant, Omicron, and comments by Fed Chair Jerome Powell. On Tuesday, Powell signaled the central bank would move faster to end its pandemic-era bond-buying program.</p><p><blockquote>本周的损失似乎与最新的Covid-19变种、奥密克戎以及美联储主席Jerome Powell的言论有关。周二，鲍威尔暗示央行将更快地结束大流行时期的债券购买计划。</blockquote></p><p> The move would mean less money flowing into bonds, which would lower bond prices and lift their yields. And higher yields on safe, long-term bonds makes the most speculative assets—the long-term hopes of investors—less attractive to own. The stock market pulled back this week, too.</p><p><blockquote>此举将意味着流入债券的资金减少，从而降低债券价格并提高收益率。安全的长期债券收益率较高，使得投机性最强的资产——投资者的长期希望——对持有的吸引力降低。股市本周也有所回落。</blockquote></p><p> For Bitcoin, there is already buying interest because of its drawdown.&nbsp;The president of El Salvador, Nayib Bukele, announced his country had “bought the dip”&nbsp;at a price just over $48,000.</p><p><blockquote>对于比特币来说，由于其缩水，已经有了购买兴趣。萨尔瓦多总统纳伊布·布克莱宣布，萨尔瓦多以略高于48,000美元的价格“买入”。</blockquote></p><p> Volatility doesn’t surprise Bitcoin investors. The currency is up 63% year to date, but has lost just over half of its value from April to its July bottom. From that low, it more than doubled before topping out Nov. 8.</p><p><blockquote>比特币投资者对波动性并不感到意外。该货币今年迄今已上涨63%，但从4月份到7月份的底部，其价值已下跌了一半多一点。从那个低点开始，在11月8日见顶之前上涨了一倍多。</blockquote></p><p> So buying the dip may feel good in the moment, but Bitcoin investors won’t forget the correction from December 2017 to December 2018.</p><p><blockquote>因此，目前逢低买入可能感觉不错，但比特币投资者不会忘记2017年12月至2018年12月的调整。</blockquote></p><p> Beware, especially if the Fed tightens policy rapidly.</p><p><blockquote>要小心，尤其是如果美联储迅速收紧政策。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.barrons.com/articles/bitcoin-plunges-heres-why-51638634989?siteid=yhoof2\">Barrons</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GBTC":"比特币ETF-Grayscale"},"source_url":"https://www.barrons.com/articles/bitcoin-plunges-heres-why-51638634989?siteid=yhoof2","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1104110830","content_text":"The price of Bitcoin plummeted Saturday, building on losses that started a month ago and gathered steam this week after the Federal Reserve made clear that monetary support for markets is going away—soon.\nCryptocurrency’s biggest player has fallen about 29% to $48,100 a coin since Nov. 8, when the price hit an all-time high. Most other speculative assets, including small-cap growth stocks, started to slide at the same time.\nEarly Saturday, the Bitcoin selling picked up, dropping more than 20% before clawing back some losses. At one point, the crypto lost roughly $10,000 in an hour, according to CoinDesk, a crypto news website. The price of Ether also fell and is down 16% since Nov. 8.\nThis week’s losses seem tied to the latest Covid-19 variant, Omicron, and comments by Fed Chair Jerome Powell. On Tuesday, Powell signaled the central bank would move faster to end its pandemic-era bond-buying program.\nThe move would mean less money flowing into bonds, which would lower bond prices and lift their yields. And higher yields on safe, long-term bonds makes the most speculative assets—the long-term hopes of investors—less attractive to own. The stock market pulled back this week, too.\nFor Bitcoin, there is already buying interest because of its drawdown. The president of El Salvador, Nayib Bukele, announced his country had “bought the dip” at a price just over $48,000.\nVolatility doesn’t surprise Bitcoin investors. The currency is up 63% year to date, but has lost just over half of its value from April to its July bottom. From that low, it more than doubled before topping out Nov. 8.\nSo buying the dip may feel good in the moment, but Bitcoin investors won’t forget the correction from December 2017 to December 2018.\nBeware, especially if the Fed tightens policy rapidly.","news_type":1,"symbols_score_info":{"XBTmain":0.9,"MBTmain":0.9,"GBTC":0.9,"BTCmain":0.9}},"isVote":1,"tweetType":1,"viewCount":1148,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":608688159,"gmtCreate":1638712418142,"gmtModify":1638712418274,"author":{"id":"3586473514667147","authorId":"3586473514667147","name":"gky","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3586473514667147","idStr":"3586473514667147"},"themes":[],"htmlText":"Buy","listText":"Buy","text":"Buy","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/608688159","repostId":"1140678193","repostType":4,"isVote":1,"tweetType":1,"viewCount":755,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":601530231,"gmtCreate":1638542205716,"gmtModify":1638542205848,"author":{"id":"3586473514667147","authorId":"3586473514667147","name":"gky","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3586473514667147","idStr":"3586473514667147"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/601530231","repostId":"2188236025","repostType":4,"isVote":1,"tweetType":1,"viewCount":1072,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":603770970,"gmtCreate":1638456564304,"gmtModify":1638456564434,"author":{"id":"3586473514667147","authorId":"3586473514667147","name":"gky","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3586473514667147","idStr":"3586473514667147"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/603770970","repostId":"2188900935","repostType":4,"isVote":1,"tweetType":1,"viewCount":1078,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":609873614,"gmtCreate":1638271516688,"gmtModify":1638271516814,"author":{"id":"3586473514667147","authorId":"3586473514667147","name":"gky","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3586473514667147","idStr":"3586473514667147"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/609873614","repostId":"2187581399","repostType":4,"isVote":1,"tweetType":1,"viewCount":930,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0}],"hots":[{"id":690239979,"gmtCreate":1639668129324,"gmtModify":1639668129545,"author":{"id":"3586473514667147","authorId":"3586473514667147","name":"gky","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3586473514667147","idStr":"3586473514667147"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":10,"commentSize":4,"repostSize":0,"link":"https://laohu8.com/post/690239979","repostId":"1108384523","repostType":4,"repost":{"id":"1108384523","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":1639667369,"share":"https://www.laohu8.com/m/news/1108384523?lang=zh_CN&edition=full","pubTime":"2021-12-16 23:09","market":"us","language":"en","title":"Vir Biotechnology continued to gain over 7% in morning trading after showing neutralizing activity against omicron<blockquote>Vir Biotechnology在显示出对奥密克戎的中和活性后，早盘继续上涨超过7%</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1108384523","media":"Tiger Newspress","summary":"Vir Biotechnology continued to gain over 7% in morning trading after showing neutralizing activity a","content":"<p>Vir Biotechnology continued to gain over 7% in morning trading after showing neutralizing activity against omicron.<img src=\"https://static.tigerbbs.com/07fe5a6b831322eef2c479861ad70527\" tg-width=\"766\" tg-height=\"563\" width=\"100%\" height=\"auto\">The company&nbsp;announced&nbsp;new preclinical data, published to the preprint server&nbsp;bioRxiv, demonstrating the impact of the significant antigenic shift of the new COVID-19 omicron variant (B.1.1.529).&nbsp;</p><p><blockquote>Vir Biotechnology在显示出对奥密克戎的中和活性后，在早盘交易中继续上涨超过7%。该公司宣布了新的临床前数据，发布到预印本服务器bioRxiv，证明了新的COVID-19奥密克戎变种（B.1.1.529）的显著抗原转变的影响。</blockquote></p><p> A significant reduction in plasma neutralizing activity was observed against omicron in sera from vaccinated and convalescent individuals.&nbsp;</p><p><blockquote>在接种疫苗和恢复期个体的血清中观察到针对奥密克戎的血浆中和活性显著降低。</blockquote></p><p> Researchers also tested the in vitro neutralizing activity of 44 monoclonal antibodies (mAbs) (eight of which are currently authorized or approved).&nbsp;</p><p><blockquote>研究人员还测试了44种单克隆抗体（mAb）的体外中和活性（其中8种目前已获得授权或批准）。</blockquote></p><p> Data demonstrate that sotrovimab and five other preclinical mAbs, developed by Vir in conjunction with&nbsp;GlaxoSmithKline plc&nbsp;(NYSE:&nbsp;GSK), retained their in vitro neutralizing activity against omicron.</p><p><blockquote>数据显示，Vir与葛兰素史克公司（纽约证券交易所股票代码：GSK）联合开发的sotrovimab和其他五种临床前单克隆抗体保留了对奥密克戎病的体外中和活性。</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>Vir Biotechnology continued to gain over 7% in morning trading after showing neutralizing activity against omicron<blockquote>Vir Biotechnology在显示出对奥密克戎的中和活性后，早盘继续上涨超过7%</blockquote></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: 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\">\nVir Biotechnology continued to gain over 7% in morning trading after showing neutralizing activity against omicron<blockquote>Vir Biotechnology在显示出对奥密克戎的中和活性后，早盘继续上涨超过7%</blockquote>\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time smaller\">2021-12-16 23:09</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>Vir Biotechnology continued to gain over 7% in morning trading after showing neutralizing activity against omicron.<img src=\"https://static.tigerbbs.com/07fe5a6b831322eef2c479861ad70527\" tg-width=\"766\" tg-height=\"563\" width=\"100%\" height=\"auto\">The company&nbsp;announced&nbsp;new preclinical data, published to the preprint server&nbsp;bioRxiv, demonstrating the impact of the significant antigenic shift of the new COVID-19 omicron variant (B.1.1.529).&nbsp;</p><p><blockquote>Vir Biotechnology在显示出对奥密克戎的中和活性后，在早盘交易中继续上涨超过7%。该公司宣布了新的临床前数据，发布到预印本服务器bioRxiv，证明了新的COVID-19奥密克戎变种（B.1.1.529）的显著抗原转变的影响。</blockquote></p><p> A significant reduction in plasma neutralizing activity was observed against omicron in sera from vaccinated and convalescent individuals.&nbsp;</p><p><blockquote>在接种疫苗和恢复期个体的血清中观察到针对奥密克戎的血浆中和活性显著降低。</blockquote></p><p> Researchers also tested the in vitro neutralizing activity of 44 monoclonal antibodies (mAbs) (eight of which are currently authorized or approved).&nbsp;</p><p><blockquote>研究人员还测试了44种单克隆抗体（mAb）的体外中和活性（其中8种目前已获得授权或批准）。</blockquote></p><p> Data demonstrate that sotrovimab and five other preclinical mAbs, developed by Vir in conjunction with&nbsp;GlaxoSmithKline plc&nbsp;(NYSE:&nbsp;GSK), retained their in vitro neutralizing activity against omicron.</p><p><blockquote>数据显示，Vir与葛兰素史克公司（纽约证券交易所股票代码：GSK）联合开发的sotrovimab和其他五种临床前单克隆抗体保留了对奥密克戎病的体外中和活性。</blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"VIR":"Vir Biotechnology, Inc."},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1108384523","content_text":"Vir Biotechnology continued to gain over 7% in morning trading after showing neutralizing activity against omicron.The company announced new preclinical data, published to the preprint server bioRxiv, demonstrating the impact of the significant antigenic shift of the new COVID-19 omicron variant (B.1.1.529). \nA significant reduction in plasma neutralizing activity was observed against omicron in sera from vaccinated and convalescent individuals. \nResearchers also tested the in vitro neutralizing activity of 44 monoclonal antibodies (mAbs) (eight of which are currently authorized or approved). \nData demonstrate that sotrovimab and five other preclinical mAbs, developed by Vir in conjunction with GlaxoSmithKline plc (NYSE: GSK), retained their in vitro neutralizing activity against omicron.","news_type":1,"symbols_score_info":{"VIR":0.9}},"isVote":1,"tweetType":1,"viewCount":2607,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":862475762,"gmtCreate":1632907825473,"gmtModify":1632907825622,"author":{"id":"3586473514667147","authorId":"3586473514667147","name":"gky","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3586473514667147","idStr":"3586473514667147"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":9,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/862475762","repostId":"1198528044","repostType":4,"repost":{"id":"1198528044","kind":"news","pubTimestamp":1632882697,"share":"https://www.laohu8.com/m/news/1198528044?lang=zh_CN&edition=full","pubTime":"2021-09-29 10:31","market":"us","language":"en","title":"Technically Speaking: Is The Market \"Melting-Up?\"<blockquote>从技术上讲：市场正在“融化”吗？</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1198528044","media":"seekingalpha","summary":"Summary\n\nGiven the Fed’s ongoing balance sheet operations, investors fully believe they have protect","content":"<p><b>Summary</b></p><p><blockquote><b>总结</b></blockquote></p><p> <ul>  <li>Given the Fed’s ongoing balance sheet operations, investors fully believe they have protection from a decline.</li>  <li>As is always the case, the investing public believes future earnings will justify higher prices during a melt-up. It just never works out that way.</li>  <li>While it is essential to take advantage of the melt-up while it lasts, just don’t become overly complacent “this time is different”.</li> </ul> Is the<i>“market melting-up?”</i>Such was the question I received from my colleague at<i>Cut The Crap Investing.</i>It is an excellent question given the relentless increase in what investors believe is a<i>“no risk”</i>market.</p><p><blockquote><ul><li>鉴于美联储正在进行的资产负债表操作，投资者完全相信他们有能力免受经济衰退的影响。</li><li>与往常一样，投资大众相信未来的收益将证明在融化期间价格上涨是合理的。从来都不是那样的。</li><li>虽然在融化持续期间利用它是至关重要的，但不要过于自满“这次不同了”。</li></ul>是<i>“市场融化？”</i>这是我从我的同事那里收到的问题<i>少废话投资。</i>考虑到投资者认为的持续增长，这是一个很好的问题<i>“没有风险”</i>市场。</blockquote></p><p> Of course, we need a definition of precisely what constitutes a melt-up.</p><p><blockquote>当然，我们需要一个准确定义什么是融化。</blockquote></p><p>   <i>“A melt-up is a sustained and often unexpected improvement in the investment performance of an asset or asset class, driven partly</i>  <i><b>by a stampede of investors who don’t want to miss out on its rise,</b></i>  <i>rather than by fundamental improvements in the economy.“</i>–  <i>Investopedia</i>  Currently, there is sufficient evidence to support the idea of an exuberant market.<b><i>As noted previously:</i></b></p><p><blockquote><i>他说：“熔断是指一项资产或资产类别的投资表现持续且往往出乎意料的改善，部分原因是</i><i><b>不想错过其上涨机会的投资者蜂拥而至，</b></i><i>而不是经济的根本改善。”</i>–<i>投资百科</i>目前，有足够的证据支持市场繁荣的观点。<b><i>如前所述：</i></b></blockquote></p><p>   <i>“Near peaks of market cycles, investors become swept up by the underlying exuberance. That exuberance breeds the “rationalization” that “this time is different.” So how do you know the market is exuberant currently? Via Sentiment Trader:”</i>    <i>‘This type of market activity is an indication that markets have returned their ‘enthusiasm’ stage. Such is characterized by:’</i>  <ul>  <li><b><i>High optimism</i></b></li>  <li><b><i>Easy credit (too easy, with loose terms)</i></b></li>  <li><b><i>A rush of initial and secondary offerings</i></b></li>  <li><b><i>Risky stocks outperforming</i></b></li>  <li><b><i>Stretched valuations</i></b></li> </ul> <img src=\"https://static.tigerbbs.com/ff8de3a84084162ca86b415584bbf793\" tg-width=\"731\" tg-height=\"468\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"></p><p><blockquote><i>“在市场周期接近顶峰时，投资者会被潜在的繁荣所席卷。这种繁荣滋生了“合理化”，即“这次不同了”。那么，你如何知道市场目前是繁荣的呢？通过情绪交易者：”</i><i>这种类型的市场活动表明市场已经回到了“热情”阶段。其特征在于：</i><ul><li><b><i>高度乐观</i></b></li><li><b><i>宽松信贷（太宽松，条款宽松）</i></b></li><li><b><i>首次和二次发行热潮</i></b></li><li><b><i>风险股跑赢大盘</i></b></li><li><b><i>估值过高</i></b></li></ul></blockquote></p><p> However, while one would expect individuals to exhibit caution in such an environment, the opposite is true. Given the Fed’s ongoing balance sheet operations, investors fully believe they have protection from a decline.</p><p><blockquote>然而，虽然人们会期望个人在这样的环境中表现出谨慎，但事实恰恰相反。鉴于美联储正在进行的资产负债表操作，投资者完全相信他们有能力免受经济衰退的影响。</blockquote></p><p> <b>A Visualization Of A Market Melting-Up</b></p><p><blockquote><b>市场融化的可视化</b></blockquote></p><p> It is often easier to visualize something rather than explain it.<b>Since 1900, only two previous market periods qualify as a melt-up: 1920-1929 and 1995-2000.</b>The chart below shows both periods in terms of price.</p><p><blockquote>想象某事通常比解释它更容易。<b>自1900年以来，只有两个市场时期符合熔化的条件：1920-1929年和1995-2000年。</b>下图显示了这两个时期的价格。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/a218c7efe2ebd874d05c9ff7dd564436\" tg-width=\"797\" tg-height=\"437\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"><img src=\"https://static.tigerbbs.com/9f193c9c32d55747bf7ff511c2f9fd53\" tg-width=\"793\" tg-height=\"439\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"></p><p><blockquote></blockquote></p><p> However, the melt-up is also visually represented by the incredibly sharp rise in valuations. Such is essential because earnings are not rising at a fast enough clip to support higher prices.<b>As is always the case, the investing public believes future earnings will justify higher prices during a melt-up. It just never works out that way.</b></p><p><blockquote>然而，估值的大幅上涨也直观地体现了这种融化。这一点至关重要，因为盈利增长速度不足以支撑价格上涨。<b>与往常一样，投资大众相信未来的收益将证明在融化期间价格上涨是合理的。从来都不是那样的。</b></blockquote></p><p> <img src=\"https://static.tigerbbs.com/c69e418d5a19d6fd03b305ab111e3be3\" tg-width=\"794\" tg-height=\"440\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"><img src=\"https://static.tigerbbs.com/af03d3bbd071b8edfdf3a19e2c7b0bcd\" tg-width=\"796\" tg-height=\"437\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"></p><p><blockquote></blockquote></p><p> We can compare those two previous periods with the current advance from the March 2020 lows. Again, we see a very similar sharp advance in price combined with a surge in valuations. As expected, investors are currently hoping that future earnings will rise sharply enough to justify current prices. However, the justification for paying high prices is the Federal Reserve’s ongoing balance sheet expansion.</p><p><blockquote>我们可以将前两个时期与当前从2020年3月低点的上涨进行比较。我们再次看到非常相似的价格大幅上涨和估值飙升。正如预期的那样，投资者目前希望未来收益将大幅上涨，足以证明当前价格的合理性。然而，支付高价的理由是美联储持续的资产负债表扩张。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/f3562aea27b24ad4921d0f5cd497e072\" tg-width=\"804\" tg-height=\"444\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"></p><p><blockquote></blockquote></p><p> The following chart looks that the price advance and valuation measures a little differently. It shows the current deviation from the long-term exponential growth trend. Not surprisingly, during a market<i>“melt-up,”</i>there is a rapid deviation from the growth trend matching the acceleration in valuations.</p><p><blockquote>下图显示，价格上涨和估值指标略有不同。它显示了当前与长期指数增长趋势的背离。毫不奇怪，在市场期间<i>“融化。”</i>与估值加速相匹配的增长趋势出现了快速背离。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/1419cf4b2afdcdc0f61e0cad862f498d\" tg-width=\"836\" tg-height=\"460\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"></p><p><blockquote></blockquote></p><p> The problem with market<i>“melt-ups”</i>is not the melt-up itself but what always follows.</p><p><blockquote>市场的问题<i>“融化”</i>不是融化本身，而是随之而来的一切。</blockquote></p><p> <b>Melting-Up Leads To Melting-Down</b></p><p><blockquote><b>熔化导致熔化</b></blockquote></p><p> A market melting-up is exciting while it lasts. During melt-ups, investors begin to rationalize why<i>“this time is different.”</i>They start taking on excess leverage to try and capitalize on the rapid advance in prices, and fundamentals take a back seat to price momentum.</p><p><blockquote>市场融化持续下去是令人兴奋的。在熔断期间，投资者开始合理化原因<i>“这次不一样。”</i>他们开始过度杠杆，试图利用价格的快速上涨，基本面让位于价格动能。</blockquote></p><p></p><p> Market melt-ups are all about<i>“psychology.”</i><b>Historically, whatever has been the catalyst to spark the disregard of risk is readily witnessed in the corresponding surge in price and valuations.</b>The chart below shows the long-term deviations in relative strength, deviations, and valuations. The previous<i>‘melt-up”</i>periods should be easy to spot when compared with the advance currently.</p><p><blockquote>市场融化都是关于<i>“心理学。”</i><b>从历史上看，无论引发忽视风险的催化剂是什么，都很容易在价格和估值的相应飙升中看到。</b>下图显示了相对强度、偏差和估值的长期偏差。上一篇<i>“融化”</i>与目前的进展相比，时期应该很容易发现。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/bc04cb25c0199dd17475a551a5dd7ec1\" tg-width=\"869\" tg-height=\"1024\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"></p><p><blockquote></blockquote></p><p> Given that current extensions match only a few rare periods in history, a couple of points should be readily apparent.</p><p><blockquote>鉴于目前的延期仅与历史上少数罕见的时期相匹配，有几点应该是显而易见的。</blockquote></p><p> <ol>  <li><b><i>Melt-ups can longer than logic would predict.</i></b></li>  <li><b><i>The prevailing psychology is always “this time is different.”</i></b></li>  <li><b><i>Valuations are dismissed in exchange for measures of momentum and forward expectations.</i></b></li>  <li><b><i>Investors take on excess leverage and risk in order to participate in a seemingly “can’t lose” market.</i></b></li>  <li><b><i>Lastly, and inevitably, “melt-ups” end and always in the worst possible outcomes.</i></b></li> </ol> It is essential to recognize the markets are in a<i>“melt-up,</i>” and the duration of that event is unknowable. Therefore, investors need a strategy to participate in the advance and mitigate the damage from the eventual<i>“melting-down.”</i></p><p><blockquote><ol><li><b><i>融化的时间可能比逻辑预测的要长。</i></b></li><li><b><i>普遍的心理总是“这次不一样了”。</i></b></li><li><b><i>估值被驳回，以换取动量和前瞻性预期的衡量标准。</i></b></li><li><b><i>投资者为了参与一个看似“输不起”的市场，承担了过多的杠杆和风险。</i></b></li><li><b><i>最后，不可避免的是，“融化”以最糟糕的结果告终。</i></b></li></ol>必须认识到市场正处于<i>“融化，</i>“而且该事件的持续时间是未知的。因此，投资者需要一种策略来参与提前并减轻最终的损失<i>“熔化。”</i></blockquote></p><p> <b>Surviving The Melt-Up</b></p><p><blockquote><b>在融化中幸存下来</b></blockquote></p><p> <b>As noted, none of this means the next</b><b><i>“bear market”</i></b><b>is lurking.</b>Given that a market melting-up is a function of psychology, they can last longer and go further than logic would predict. What is required to “<i>end”</i>a melt-up is an unanticipated exogenous event that changes psychology from bullish to bearish. Such is when the stampede for the exits occurs, and prices decline very quickly.</p><p><blockquote><b>如上所述，这些都不意味着下一个</b><b><i>“熊市”</i></b><b>正在潜伏。</b>鉴于市场融化是心理作用，它们可以持续更长时间，走得比逻辑预测的更远。需要什么“<i>结束“</i>融化是一种意想不到的外生事件，它将心理从看涨转变为看跌。这就是人们蜂拥退出的时候，价格会迅速下跌。</blockquote></p><p> As such, investors need a set of guidelines to participate in the market advance. But, of course, the hard part is keeping those gains when corrections inevitably occur.</p><p><blockquote>因此，投资者需要一套指导方针来参与市场上涨。但是，当然，困难的部分是在不可避免地发生调整时保持这些收益。</blockquote></p><p> As portfolio managers for our clients, such is precisely the approach we must take. Accordingly, I have provided a general overview of the process that we employ.</p><p><blockquote>作为客户的投资组合经理，这正是我们必须采取的方法。因此，我提供了我们采用的流程的总体概述。</blockquote></p><p> <ol>  <li><i><b>Tighten up stop-loss levels</b></i><i>to current support levels for each position.(Provides identifiable exit points when the market reverses.)</i></li>  <li><i><b>Hedge portfolios</b></i><i>against major market declines.(Non-correlated assets, short-market positions, index put options)</i></li>  <li><i><b>Take profits</b></i><i>in positions that have been big winners(Rebalancing overbought or extended positions to capture gains but continue to participate in the advance.)</i></li>  <li><i><b>Sell laggards</b></i><i>and losers</i>.<i>(If something isn’t working in a market melt-up, it most likely won’t work during a broad decline. Better to eliminate the risk early.)</i></li>  <li><i><b>Raise cash</b></i><i>and rebalance portfolios to target weightings.(Rebalancing risk on a regular basis keeps hidden risks somewhat mitigated.)</i></li> </ol> <b>Notice, nothing in there says,</b><b><i>“sell everything and go to cash.”</i></b></p><p><blockquote><ol><li><i><b>收紧止损水平</b></i><i>每个头寸的当前支撑位。（当市场反转时提供可识别的退出点。）</i></li><li><i><b>对冲投资组合</b></i><i>（非相关资产、空头市场头寸、指数看跌期权）</i></li><li><i><b>获利了结</b></i><i>在已经成为大赢家的头寸中（重新平衡超买或扩展头寸以获取收益，但继续参与上涨。）</i></li><li><i><b>出售落后者</b></i><i>和失败者</i>.<i>（如果某些东西在市场融化时不起作用，那么在广泛下跌时很可能也不会起作用。最好尽早消除风险。）</i></li><li><i><b>筹集现金</b></i><i>并重新平衡投资组合以达到目标权重。（定期重新平衡风险可以在一定程度上减轻隐藏的风险。）</i></li></ol><b>注意，里面没有任何东西说，</b><b><i>“卖掉所有东西，去兑现。”</i></b></blockquote></p><p> There will be a time to raise significant levels of cash. A good portfolio management strategy will automatically ensure that<i>“stop-loss”</i>levels get triggered, exposure decreases, and cash levels rise when the selling begins.</p><p><blockquote>将会有一段时间来筹集大量现金。一个好的投资组合管理策略会自动确保<i>“止损”</i>当出售开始时，水平被触发，风险减少，现金水平上升。</blockquote></p><p> While it is essential to take advantage of the melt-up while it lasts, just don’t become overly complacent<i>“this time is different.”</i></p><p><blockquote>虽然有必要在融化持续期间利用它，但不要过于自满<i>“这次不一样。”</i></blockquote></p><p> It likely isn’t.</p><p><blockquote>很可能不是。</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>Technically Speaking: Is The Market \"Melting-Up?\"<blockquote>从技术上讲：市场正在“融化”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\">\nTechnically Speaking: Is The Market \"Melting-Up?\"<blockquote>从技术上讲：市场正在“融化”吗？</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">seekingalpha</strong><span class=\"h-time small\">2021-09-29 10:31</span>\n</p>\n</h4>\n</header>\n<article>\n<p><b>Summary</b></p><p><blockquote><b>总结</b></blockquote></p><p> <ul>  <li>Given the Fed’s ongoing balance sheet operations, investors fully believe they have protection from a decline.</li>  <li>As is always the case, the investing public believes future earnings will justify higher prices during a melt-up. It just never works out that way.</li>  <li>While it is essential to take advantage of the melt-up while it lasts, just don’t become overly complacent “this time is different”.</li> </ul> Is the<i>“market melting-up?”</i>Such was the question I received from my colleague at<i>Cut The Crap Investing.</i>It is an excellent question given the relentless increase in what investors believe is a<i>“no risk”</i>market.</p><p><blockquote><ul><li>鉴于美联储正在进行的资产负债表操作，投资者完全相信他们有能力免受经济衰退的影响。</li><li>与往常一样，投资大众相信未来的收益将证明在融化期间价格上涨是合理的。从来都不是那样的。</li><li>虽然在融化持续期间利用它是至关重要的，但不要过于自满“这次不同了”。</li></ul>是<i>“市场融化？”</i>这是我从我的同事那里收到的问题<i>少废话投资。</i>考虑到投资者认为的持续增长，这是一个很好的问题<i>“没有风险”</i>市场。</blockquote></p><p> Of course, we need a definition of precisely what constitutes a melt-up.</p><p><blockquote>当然，我们需要一个准确定义什么是融化。</blockquote></p><p>   <i>“A melt-up is a sustained and often unexpected improvement in the investment performance of an asset or asset class, driven partly</i>  <i><b>by a stampede of investors who don’t want to miss out on its rise,</b></i>  <i>rather than by fundamental improvements in the economy.“</i>–  <i>Investopedia</i>  Currently, there is sufficient evidence to support the idea of an exuberant market.<b><i>As noted previously:</i></b></p><p><blockquote><i>他说：“熔断是指一项资产或资产类别的投资表现持续且往往出乎意料的改善，部分原因是</i><i><b>不想错过其上涨机会的投资者蜂拥而至，</b></i><i>而不是经济的根本改善。”</i>–<i>投资百科</i>目前，有足够的证据支持市场繁荣的观点。<b><i>如前所述：</i></b></blockquote></p><p>   <i>“Near peaks of market cycles, investors become swept up by the underlying exuberance. That exuberance breeds the “rationalization” that “this time is different.” So how do you know the market is exuberant currently? Via Sentiment Trader:”</i>    <i>‘This type of market activity is an indication that markets have returned their ‘enthusiasm’ stage. Such is characterized by:’</i>  <ul>  <li><b><i>High optimism</i></b></li>  <li><b><i>Easy credit (too easy, with loose terms)</i></b></li>  <li><b><i>A rush of initial and secondary offerings</i></b></li>  <li><b><i>Risky stocks outperforming</i></b></li>  <li><b><i>Stretched valuations</i></b></li> </ul> <img src=\"https://static.tigerbbs.com/ff8de3a84084162ca86b415584bbf793\" tg-width=\"731\" tg-height=\"468\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"></p><p><blockquote><i>“在市场周期接近顶峰时，投资者会被潜在的繁荣所席卷。这种繁荣滋生了“合理化”，即“这次不同了”。那么，你如何知道市场目前是繁荣的呢？通过情绪交易者：”</i><i>这种类型的市场活动表明市场已经回到了“热情”阶段。其特征在于：</i><ul><li><b><i>高度乐观</i></b></li><li><b><i>宽松信贷（太宽松，条款宽松）</i></b></li><li><b><i>首次和二次发行热潮</i></b></li><li><b><i>风险股跑赢大盘</i></b></li><li><b><i>估值过高</i></b></li></ul></blockquote></p><p> However, while one would expect individuals to exhibit caution in such an environment, the opposite is true. Given the Fed’s ongoing balance sheet operations, investors fully believe they have protection from a decline.</p><p><blockquote>然而，虽然人们会期望个人在这样的环境中表现出谨慎，但事实恰恰相反。鉴于美联储正在进行的资产负债表操作，投资者完全相信他们有能力免受经济衰退的影响。</blockquote></p><p> <b>A Visualization Of A Market Melting-Up</b></p><p><blockquote><b>市场融化的可视化</b></blockquote></p><p> It is often easier to visualize something rather than explain it.<b>Since 1900, only two previous market periods qualify as a melt-up: 1920-1929 and 1995-2000.</b>The chart below shows both periods in terms of price.</p><p><blockquote>想象某事通常比解释它更容易。<b>自1900年以来，只有两个市场时期符合熔化的条件：1920-1929年和1995-2000年。</b>下图显示了这两个时期的价格。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/a218c7efe2ebd874d05c9ff7dd564436\" tg-width=\"797\" tg-height=\"437\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"><img src=\"https://static.tigerbbs.com/9f193c9c32d55747bf7ff511c2f9fd53\" tg-width=\"793\" tg-height=\"439\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"></p><p><blockquote></blockquote></p><p> However, the melt-up is also visually represented by the incredibly sharp rise in valuations. Such is essential because earnings are not rising at a fast enough clip to support higher prices.<b>As is always the case, the investing public believes future earnings will justify higher prices during a melt-up. It just never works out that way.</b></p><p><blockquote>然而，估值的大幅上涨也直观地体现了这种融化。这一点至关重要，因为盈利增长速度不足以支撑价格上涨。<b>与往常一样，投资大众相信未来的收益将证明在融化期间价格上涨是合理的。从来都不是那样的。</b></blockquote></p><p> <img src=\"https://static.tigerbbs.com/c69e418d5a19d6fd03b305ab111e3be3\" tg-width=\"794\" tg-height=\"440\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"><img src=\"https://static.tigerbbs.com/af03d3bbd071b8edfdf3a19e2c7b0bcd\" tg-width=\"796\" tg-height=\"437\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"></p><p><blockquote></blockquote></p><p> We can compare those two previous periods with the current advance from the March 2020 lows. Again, we see a very similar sharp advance in price combined with a surge in valuations. As expected, investors are currently hoping that future earnings will rise sharply enough to justify current prices. However, the justification for paying high prices is the Federal Reserve’s ongoing balance sheet expansion.</p><p><blockquote>我们可以将前两个时期与当前从2020年3月低点的上涨进行比较。我们再次看到非常相似的价格大幅上涨和估值飙升。正如预期的那样，投资者目前希望未来收益将大幅上涨，足以证明当前价格的合理性。然而，支付高价的理由是美联储持续的资产负债表扩张。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/f3562aea27b24ad4921d0f5cd497e072\" tg-width=\"804\" tg-height=\"444\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"></p><p><blockquote></blockquote></p><p> The following chart looks that the price advance and valuation measures a little differently. It shows the current deviation from the long-term exponential growth trend. Not surprisingly, during a market<i>“melt-up,”</i>there is a rapid deviation from the growth trend matching the acceleration in valuations.</p><p><blockquote>下图显示，价格上涨和估值指标略有不同。它显示了当前与长期指数增长趋势的背离。毫不奇怪，在市场期间<i>“融化。”</i>与估值加速相匹配的增长趋势出现了快速背离。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/1419cf4b2afdcdc0f61e0cad862f498d\" tg-width=\"836\" tg-height=\"460\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"></p><p><blockquote></blockquote></p><p> The problem with market<i>“melt-ups”</i>is not the melt-up itself but what always follows.</p><p><blockquote>市场的问题<i>“融化”</i>不是融化本身，而是随之而来的一切。</blockquote></p><p> <b>Melting-Up Leads To Melting-Down</b></p><p><blockquote><b>熔化导致熔化</b></blockquote></p><p> A market melting-up is exciting while it lasts. During melt-ups, investors begin to rationalize why<i>“this time is different.”</i>They start taking on excess leverage to try and capitalize on the rapid advance in prices, and fundamentals take a back seat to price momentum.</p><p><blockquote>市场融化持续下去是令人兴奋的。在熔断期间，投资者开始合理化原因<i>“这次不一样。”</i>他们开始过度杠杆，试图利用价格的快速上涨，基本面让位于价格动能。</blockquote></p><p></p><p> Market melt-ups are all about<i>“psychology.”</i><b>Historically, whatever has been the catalyst to spark the disregard of risk is readily witnessed in the corresponding surge in price and valuations.</b>The chart below shows the long-term deviations in relative strength, deviations, and valuations. The previous<i>‘melt-up”</i>periods should be easy to spot when compared with the advance currently.</p><p><blockquote>市场融化都是关于<i>“心理学。”</i><b>从历史上看，无论引发忽视风险的催化剂是什么，都很容易在价格和估值的相应飙升中看到。</b>下图显示了相对强度、偏差和估值的长期偏差。上一篇<i>“融化”</i>与目前的进展相比，时期应该很容易发现。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/bc04cb25c0199dd17475a551a5dd7ec1\" tg-width=\"869\" tg-height=\"1024\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"></p><p><blockquote></blockquote></p><p> Given that current extensions match only a few rare periods in history, a couple of points should be readily apparent.</p><p><blockquote>鉴于目前的延期仅与历史上少数罕见的时期相匹配，有几点应该是显而易见的。</blockquote></p><p> <ol>  <li><b><i>Melt-ups can longer than logic would predict.</i></b></li>  <li><b><i>The prevailing psychology is always “this time is different.”</i></b></li>  <li><b><i>Valuations are dismissed in exchange for measures of momentum and forward expectations.</i></b></li>  <li><b><i>Investors take on excess leverage and risk in order to participate in a seemingly “can’t lose” market.</i></b></li>  <li><b><i>Lastly, and inevitably, “melt-ups” end and always in the worst possible outcomes.</i></b></li> </ol> It is essential to recognize the markets are in a<i>“melt-up,</i>” and the duration of that event is unknowable. Therefore, investors need a strategy to participate in the advance and mitigate the damage from the eventual<i>“melting-down.”</i></p><p><blockquote><ol><li><b><i>融化的时间可能比逻辑预测的要长。</i></b></li><li><b><i>普遍的心理总是“这次不一样了”。</i></b></li><li><b><i>估值被驳回，以换取动量和前瞻性预期的衡量标准。</i></b></li><li><b><i>投资者为了参与一个看似“输不起”的市场，承担了过多的杠杆和风险。</i></b></li><li><b><i>最后，不可避免的是，“融化”以最糟糕的结果告终。</i></b></li></ol>必须认识到市场正处于<i>“融化，</i>“而且该事件的持续时间是未知的。因此，投资者需要一种策略来参与提前并减轻最终的损失<i>“熔化。”</i></blockquote></p><p> <b>Surviving The Melt-Up</b></p><p><blockquote><b>在融化中幸存下来</b></blockquote></p><p> <b>As noted, none of this means the next</b><b><i>“bear market”</i></b><b>is lurking.</b>Given that a market melting-up is a function of psychology, they can last longer and go further than logic would predict. What is required to “<i>end”</i>a melt-up is an unanticipated exogenous event that changes psychology from bullish to bearish. Such is when the stampede for the exits occurs, and prices decline very quickly.</p><p><blockquote><b>如上所述，这些都不意味着下一个</b><b><i>“熊市”</i></b><b>正在潜伏。</b>鉴于市场融化是心理作用，它们可以持续更长时间，走得比逻辑预测的更远。需要什么“<i>结束“</i>融化是一种意想不到的外生事件，它将心理从看涨转变为看跌。这就是人们蜂拥退出的时候，价格会迅速下跌。</blockquote></p><p> As such, investors need a set of guidelines to participate in the market advance. But, of course, the hard part is keeping those gains when corrections inevitably occur.</p><p><blockquote>因此，投资者需要一套指导方针来参与市场上涨。但是，当然，困难的部分是在不可避免地发生调整时保持这些收益。</blockquote></p><p> As portfolio managers for our clients, such is precisely the approach we must take. Accordingly, I have provided a general overview of the process that we employ.</p><p><blockquote>作为客户的投资组合经理，这正是我们必须采取的方法。因此，我提供了我们采用的流程的总体概述。</blockquote></p><p> <ol>  <li><i><b>Tighten up stop-loss levels</b></i><i>to current support levels for each position.(Provides identifiable exit points when the market reverses.)</i></li>  <li><i><b>Hedge portfolios</b></i><i>against major market declines.(Non-correlated assets, short-market positions, index put options)</i></li>  <li><i><b>Take profits</b></i><i>in positions that have been big winners(Rebalancing overbought or extended positions to capture gains but continue to participate in the advance.)</i></li>  <li><i><b>Sell laggards</b></i><i>and losers</i>.<i>(If something isn’t working in a market melt-up, it most likely won’t work during a broad decline. Better to eliminate the risk early.)</i></li>  <li><i><b>Raise cash</b></i><i>and rebalance portfolios to target weightings.(Rebalancing risk on a regular basis keeps hidden risks somewhat mitigated.)</i></li> </ol> <b>Notice, nothing in there says,</b><b><i>“sell everything and go to cash.”</i></b></p><p><blockquote><ol><li><i><b>收紧止损水平</b></i><i>每个头寸的当前支撑位。（当市场反转时提供可识别的退出点。）</i></li><li><i><b>对冲投资组合</b></i><i>（非相关资产、空头市场头寸、指数看跌期权）</i></li><li><i><b>获利了结</b></i><i>在已经成为大赢家的头寸中（重新平衡超买或扩展头寸以获取收益，但继续参与上涨。）</i></li><li><i><b>出售落后者</b></i><i>和失败者</i>.<i>（如果某些东西在市场融化时不起作用，那么在广泛下跌时很可能也不会起作用。最好尽早消除风险。）</i></li><li><i><b>筹集现金</b></i><i>并重新平衡投资组合以达到目标权重。（定期重新平衡风险可以在一定程度上减轻隐藏的风险。）</i></li></ol><b>注意，里面没有任何东西说，</b><b><i>“卖掉所有东西，去兑现。”</i></b></blockquote></p><p> There will be a time to raise significant levels of cash. A good portfolio management strategy will automatically ensure that<i>“stop-loss”</i>levels get triggered, exposure decreases, and cash levels rise when the selling begins.</p><p><blockquote>将会有一段时间来筹集大量现金。一个好的投资组合管理策略会自动确保<i>“止损”</i>当出售开始时，水平被触发，风险减少，现金水平上升。</blockquote></p><p> While it is essential to take advantage of the melt-up while it lasts, just don’t become overly complacent<i>“this time is different.”</i></p><p><blockquote>虽然有必要在融化持续期间利用它，但不要过于自满<i>“这次不一样。”</i></blockquote></p><p> It likely isn’t.</p><p><blockquote>很可能不是。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://seekingalpha.com/article/4457469-technically-speaking-is-the-market-melting-up\">seekingalpha</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯",".SPX":"S&P 500 Index","SPY":"标普500ETF",".IXIC":"NASDAQ Composite"},"source_url":"https://seekingalpha.com/article/4457469-technically-speaking-is-the-market-melting-up","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1198528044","content_text":"Summary\n\nGiven the Fed’s ongoing balance sheet operations, investors fully believe they have protection from a decline.\nAs is always the case, the investing public believes future earnings will justify higher prices during a melt-up. It just never works out that way.\nWhile it is essential to take advantage of the melt-up while it lasts, just don’t become overly complacent “this time is different”.\n\nIs the“market melting-up?”Such was the question I received from my colleague atCut The Crap Investing.It is an excellent question given the relentless increase in what investors believe is a“no risk”market.\nOf course, we need a definition of precisely what constitutes a melt-up.\n\n“A melt-up is a sustained and often unexpected improvement in the investment performance of an asset or asset class, driven partly\nby a stampede of investors who don’t want to miss out on its rise,\nrather than by fundamental improvements in the economy.“–\n Investopedia\n\nCurrently, there is sufficient evidence to support the idea of an exuberant market.As noted previously:\n\n“Near peaks of market cycles, investors become swept up by the underlying exuberance. That exuberance breeds the “rationalization” that “this time is different.” So how do you know the market is exuberant currently? Via Sentiment Trader:”\n\n\n‘This type of market activity is an indication that markets have returned their ‘enthusiasm’ stage. Such is characterized by:’\n\n\nHigh optimism\nEasy credit (too easy, with loose terms)\nA rush of initial and secondary offerings\nRisky stocks outperforming\nStretched valuations\n\n\nHowever, while one would expect individuals to exhibit caution in such an environment, the opposite is true. Given the Fed’s ongoing balance sheet operations, investors fully believe they have protection from a decline.\nA Visualization Of A Market Melting-Up\nIt is often easier to visualize something rather than explain it.Since 1900, only two previous market periods qualify as a melt-up: 1920-1929 and 1995-2000.The chart below shows both periods in terms of price.\n\nHowever, the melt-up is also visually represented by the incredibly sharp rise in valuations. Such is essential because earnings are not rising at a fast enough clip to support higher prices.As is always the case, the investing public believes future earnings will justify higher prices during a melt-up. It just never works out that way.\n\nWe can compare those two previous periods with the current advance from the March 2020 lows. Again, we see a very similar sharp advance in price combined with a surge in valuations. As expected, investors are currently hoping that future earnings will rise sharply enough to justify current prices. However, the justification for paying high prices is the Federal Reserve’s ongoing balance sheet expansion.\n\nThe following chart looks that the price advance and valuation measures a little differently. It shows the current deviation from the long-term exponential growth trend. Not surprisingly, during a market“melt-up,”there is a rapid deviation from the growth trend matching the acceleration in valuations.\n\nThe problem with market“melt-ups”is not the melt-up itself but what always follows.\nMelting-Up Leads To Melting-Down\nA market melting-up is exciting while it lasts. During melt-ups, investors begin to rationalize why“this time is different.”They start taking on excess leverage to try and capitalize on the rapid advance in prices, and fundamentals take a back seat to price momentum.\nMarket melt-ups are all about“psychology.”Historically, whatever has been the catalyst to spark the disregard of risk is readily witnessed in the corresponding surge in price and valuations.The chart below shows the long-term deviations in relative strength, deviations, and valuations. The previous‘melt-up”periods should be easy to spot when compared with the advance currently.\n\nGiven that current extensions match only a few rare periods in history, a couple of points should be readily apparent.\n\nMelt-ups can longer than logic would predict.\nThe prevailing psychology is always “this time is different.”\nValuations are dismissed in exchange for measures of momentum and forward expectations.\nInvestors take on excess leverage and risk in order to participate in a seemingly “can’t lose” market.\nLastly, and inevitably, “melt-ups” end and always in the worst possible outcomes.\n\nIt is essential to recognize the markets are in a“melt-up,” and the duration of that event is unknowable. Therefore, investors need a strategy to participate in the advance and mitigate the damage from the eventual“melting-down.”\nSurviving The Melt-Up\nAs noted, none of this means the next“bear market”is lurking.Given that a market melting-up is a function of psychology, they can last longer and go further than logic would predict. What is required to “end”a melt-up is an unanticipated exogenous event that changes psychology from bullish to bearish. Such is when the stampede for the exits occurs, and prices decline very quickly.\nAs such, investors need a set of guidelines to participate in the market advance. But, of course, the hard part is keeping those gains when corrections inevitably occur.\nAs portfolio managers for our clients, such is precisely the approach we must take. Accordingly, I have provided a general overview of the process that we employ.\n\nTighten up stop-loss levelsto current support levels for each position.(Provides identifiable exit points when the market reverses.)\nHedge portfoliosagainst major market declines.(Non-correlated assets, short-market positions, index put options)\nTake profitsin positions that have been big winners(Rebalancing overbought or extended positions to capture gains but continue to participate in the advance.)\nSell laggardsand losers.(If something isn’t working in a market melt-up, it most likely won’t work during a broad decline. Better to eliminate the risk early.)\nRaise cashand rebalance portfolios to target weightings.(Rebalancing risk on a regular basis keeps hidden risks somewhat mitigated.)\n\nNotice, nothing in there says,“sell everything and go to cash.”\nThere will be a time to raise significant levels of cash. A good portfolio management strategy will automatically ensure that“stop-loss”levels get triggered, exposure decreases, and cash levels rise when the selling begins.\nWhile it is essential to take advantage of the melt-up while it lasts, just don’t become overly complacent“this time is different.”\nIt likely isn’t.","news_type":1,"symbols_score_info":{".DJI":0.9,"SPY":0.9,".SPX":0.9,".IXIC":0.9}},"isVote":1,"tweetType":1,"viewCount":573,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":873163795,"gmtCreate":1636886554639,"gmtModify":1636886554639,"author":{"id":"3586473514667147","authorId":"3586473514667147","name":"gky","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3586473514667147","idStr":"3586473514667147"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/873163795","repostId":"1103944030","repostType":4,"isVote":1,"tweetType":1,"viewCount":454,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":821716416,"gmtCreate":1633788930184,"gmtModify":1633788930244,"author":{"id":"3586473514667147","authorId":"3586473514667147","name":"gky","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3586473514667147","idStr":"3586473514667147"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/821716416","repostId":"2174192219","repostType":4,"isVote":1,"tweetType":1,"viewCount":371,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":604925550,"gmtCreate":1639315932816,"gmtModify":1639315933026,"author":{"id":"3586473514667147","authorId":"3586473514667147","name":"gky","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3586473514667147","idStr":"3586473514667147"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/604925550","repostId":"2190992671","repostType":4,"isVote":1,"tweetType":1,"viewCount":1063,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":600581398,"gmtCreate":1638174046503,"gmtModify":1638174049134,"author":{"id":"3586473514667147","authorId":"3586473514667147","name":"gky","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3586473514667147","idStr":"3586473514667147"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/600581398","repostId":"1137228068","repostType":4,"repost":{"id":"1137228068","kind":"news","pubTimestamp":1638173211,"share":"https://www.laohu8.com/m/news/1137228068?lang=zh_CN&edition=full","pubTime":"2021-11-29 16:06","market":"us","language":"en","title":"If The Meme Stock Craze Is Ending, GameStop Isn't Worth Much<blockquote>如果模因股票热潮即将结束，游戏驿站就不值钱了</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1137228068","media":"Seeking Alpha","summary":"Summary\n\nThe meme trading craze looks to have ended, threatening GameStop's share supply/demand bala","content":"<p><b>Summary</b></p><p><blockquote><b>总结</b></blockquote></p><p> <ul>  <li>The meme trading craze looks to have ended, threatening GameStop's share supply/demand balance.</li>  <li>Valuations have overshot any rational financial analysis or backing by the underlying business.</li>  <li>GameStop's short squeeze fuel no longer exists.</li>  <li>Potential downside appears to be far greater than upside for 2022.</li> </ul> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/9c504bf771310b22472840a7831500c8\" tg-width=\"1536\" tg-height=\"1096\" width=\"100%\" height=\"auto\"><span>Ethan Miller/Getty Images News</span></p><p><blockquote><ul><li>迷因交易热潮似乎已经结束，威胁到游戏驿站的股票供需平衡。</li><li>估值已经超出了任何理性的财务分析或基础业务的支持。</li><li>游戏驿站的空头挤压燃料不复存在。</li><li>2022年的潜在下行空间似乎远大于上行空间。</li></ul><p class=\"t-img-caption\"><span>伊森·米勒/盖蒂图片社新闻</span></p></blockquote></p><p> I have written a number of articles on GameStop(NYSE:GME)&nbsp;over the years, mostly bullish and one bearish take on the stock. My last article in November 2020 explained a short-term oversold condition around $20 a share. Luckily, I made a little profit on that position, and escaped before the once-in-a-lifetime short squeeze completely took hold. With the help of incredible buying volumes by small retail investors following website recommendations (the meme craze of early 2021), GameStop rose from $18 on the first trading day of January to $483 by the end of that month! That’s the kind of superb percentage Big Tech gain witnessed over a decade or two, not a few trading weeks. Literally, fortunes were made and lost in GameStop during 2020-21 (depending on your side of the trade).</p><p><blockquote>多年来，我写了许多关于游戏驿站（纽约证券交易所股票代码：GME）的文章，其中大部分是看涨的，也有一篇是看跌的。我在2020年11月发表的上一篇文章解释了每股20美元左右的短期超卖状况。幸运的是，我在那个头寸上赚了一点利润，并在千载难逢的空头挤压完全发生之前逃脱了。在小散户投资者遵循网站推荐（2021年初的meme热潮）的惊人购买量的帮助下，游戏驿站从1月第一个交易日的18美元上涨到了当月底的483美元！这是十年或二十年来（而不是几个交易周）大型科技公司所见证的惊人百分比涨幅。从字面上看，2020-21年期间，游戏驿站赚了又赔了（取决于你的行业）。</blockquote></p><p> Anyway, the stock has flatlined or declined in price ever since this momentous short squeeze forced a number of hedge funds to cover (purchase) the stock at horrific loss levels. A good ten months later, investors in the stock need to ask themselves: what is the underlying business really worth, if the 2021 stock market bubble is starting to burst? My answer is the downside could be enormous, and all shareholders should seriously consider taking some money (especially large profits) off the table.</p><p><blockquote>无论如何，自从这次重大的轧空迫使许多对冲基金以可怕的损失水平回补（购买）该股以来，该股的价格已经持平或下跌。整整十个月后，该股的投资者需要问自己：如果2021年股市泡沫开始破裂，基础业务的真正价值是多少？我的回答是，负面影响可能是巨大的，所有股东都应该认真考虑撤掉一些钱（尤其是巨额利润）。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/7270f7dee1050f5c9aa24ab14c85d892\" tg-width=\"964\" tg-height=\"589\" width=\"100%\" height=\"auto\"><span>Image Source: Company Website November 26th, 2021</span></p><p><blockquote><p class=\"t-img-caption\"><span>图片来源：公司网站2021年11月26日</span></p></blockquote></p><p> <b>Weak Consensus Outlook</b></p><p><blockquote><b>共识前景疲弱</b></blockquote></p><p> Wall Street analysts following actual business trends are not very optimistic on GameStop’s immediate future. Below are their forecasts for fiscal 2022 (the current year) and 2023. Sales are not projected to grow by leaps and bounds to justify the price surge from a year ago, and the company is struggling to report an operating profit as currently configured.</p><p><blockquote>关注实际商业趋势的华尔街分析师对游戏驿站近期的前景并不十分乐观。以下是他们对2022财年（本年度）和2023财年的预测。预计销售额不会出现突飞猛进的增长，以证明价格较一年前飙升的合理性，而且该公司正在努力报告目前配置的营业利润。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/663ae1c457ad76bab8cfc99cd71c7fa7\" tg-width=\"640\" tg-height=\"237\" width=\"100%\" height=\"auto\"><span>Source: Seeking Alpha</span></p><p><blockquote><p class=\"t-img-caption\"><span>资料来源：寻求阿尔法</span></p></blockquote></p><p> Again, Seeking Alpha’s grades of the stock setup and computerized quant scoring of earnings and equity trading momentum leave a lot to be desired in late 2021. If you are looking for strong value or high growth rates, GameStop fails miserably as a buy idea.</p><p><blockquote>同样，Seeking Alpha的股票设置评级以及盈利和股票交易势头的计算机化量化评分在2021年底还有很多不足之处。如果你正在寻找强大的价值或高增长率，游戏驿站作为一个买入想法失败了。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/c3728f92df6c28084beba26a290e9012\" tg-width=\"323\" tg-height=\"225\" width=\"100%\" height=\"auto\"><span>Source: Seeking Alpha</span></p><p><blockquote><p class=\"t-img-caption\"><span>资料来源：寻求阿尔法</span></p></blockquote></p><p> <b>Clear Overvaluation</b></p><p><blockquote><b>明显高估</b></blockquote></p><p> Sure, the gaming industry is growing, and the enterprise has a retail niche to play for consumers, but does the valuation of the stock match reality? My answer is a resounding NO. While the $5 price of 18-24 months ago was extremely undervalued (I said so in previous articles), today’s $200 price is the polar opposite for overvaluation. I come up with a long-term underlying worth closer to $50 for GameStop. Below are some stats to explain why.</p><p><blockquote>当然，游戏行业正在增长，企业有一个面向消费者的零售利基市场，但股票的估值与现实相符吗？我的回答是响亮的不。虽然18-24个月前5美元的价格被极度低估（我在以前的文章中说过），但今天200美元的价格与高估截然相反。我为游戏驿站提出了价值接近50美元的长期基础资产。下面是一些统计数据来解释原因。</blockquote></p><p> The company does not earn a profit today, the primary goal of any business operation. Compared to other national third-party gaming retailers Best Buy(NYSE:BBY)&nbsp;or Walmart(NYSE:WMT), GameStop is uniquely unprofitable as a competitor. And, if you can choose where to put your investment capital, why not pick a higher profit margin game developer like Electronic Arts(NASDAQ:EA), Activision Blizzard(NASDAQ:ATVI)&nbsp;or Take-Two(NASDAQ:TTWO)?</p><p><blockquote>该公司今天不赚取利润，这是任何业务运营的首要目标。与其他全国性第三方游戏零售商百思买（纽约证券交易所股票代码：BBY）或沃尔玛（纽约证券交易所股票代码：WMT）相比，游戏驿站作为竞争对手是独一无二的无利可图。而且，如果您可以选择将投资资金投向何处，为什么不选择利润率更高的游戏开发商，如艺电（纳斯达克：EA）、动视暴雪（纳斯达克：ATVI）或Take-Two（纳斯达克：TTWO）？</blockquote></p><p> <img src=\"https://static.tigerbbs.com/8b62c51578b951efbc8aa5cbb59ae2e5\" tg-width=\"635\" tg-height=\"501\" width=\"100%\" height=\"auto\"></p><p><blockquote></blockquote></p><p> Let’s review a decade of trading history revolving around the equity’s price to trailing sales, cash flow, and book value. On these underlying fundamental metrics, GameStop is currently valued at 3x to 5x its 10-year average setup!</p><p><blockquote>让我们回顾一下围绕股票价格、跟踪销售额、现金流和账面价值的十年交易历史。根据这些基本指标，游戏驿站目前的估值是其10年平均水平的3至5倍！</blockquote></p><p> <img src=\"https://static.tigerbbs.com/45f0a321962bf675844ffb971880d302\" tg-width=\"635\" tg-height=\"450\" width=\"100%\" height=\"auto\"></p><p><blockquote></blockquote></p><p> Versus the peer group, GameStop is in nosebleed territory vs. profitable retailers on price to sales, and is approaching the high valuation multiples of the super-profitable game development businesses.</p><p><blockquote>与同行相比，游戏驿站在市销率方面与盈利零售商相比处于令人流鼻血的境地，并且正在接近超盈利游戏开发业务的高估值倍数。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/af8b9dbeed0649d2a1945c7736e85d09\" tg-width=\"635\" tg-height=\"501\" width=\"100%\" height=\"auto\"></p><p><blockquote></blockquote></p><p></p><p> On price to cash flow, $200 a share fails miserably for a fair valuation. It is double the ratio of gamers and 4x the ratio of retailers. Keep in mind all of the group actually churns out income for owners, while GameStop does not.</p><p><blockquote>就价格与现金流相比，每股200美元的估值很难达到公平的估值。是游戏玩家比例的两倍，零售商比例的4倍。请记住，整个集团实际上为所有者创造了收入，而游戏驿站则没有。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/31b5d358ce5fdf9e494a186731438120\" tg-width=\"635\" tg-height=\"501\" width=\"100%\" height=\"auto\"></p><p><blockquote></blockquote></p><p> Again, on price to book value, GameStop is the most expensive by far. The fascinating note to contemplate: a year and a half ago, the valuation story was completely reversed, with GME the cheapest of the group, hands down no argument, on every single fundamental comparison. Smart investors/traders look for deep value to buy, while selling out after price has risen above fair value, like today.</p><p><blockquote>同样，就市净率而言，游戏驿站是迄今为止最昂贵的。值得思考的有趣的一点是：一年半前，估值情况完全逆转，在每一项基本面比较中，GME都是该集团中最便宜的，毫无疑问。聪明的投资者/交易者寻找深度价值买入，而在价格升至公允价值以上后卖出，就像今天一样。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/77464405fcdb05f40d732c7885818f53\" tg-width=\"635\" tg-height=\"501\" width=\"100%\" height=\"auto\"></p><p><blockquote></blockquote></p><p> <b>Short Squeeze Fuel Exhausted</b></p><p><blockquote><b>短挤压燃料耗尽</b></blockquote></p><p> The bad news for short-term investors is the “tackling fuel” for the monster climb in January is gone. The short position is relatively normal today against other U.S. stocks, as opposed to its uniquely outsized setup going into 2021. If you are hoping for a move to $300 or even higher soon, the mathematical odds say that’s a longshot to happen.</p><p><blockquote>对于短期投资者来说，坏消息是一月份大幅上涨的“应对燃料”已经消失。今天相对于其他美国股票的空头头寸相对正常，而不是其进入2021年独特的超大设置。如果您希望价格很快升至300美元甚至更高，那么从数学上看，这种可能性很小。</blockquote></p><p> The stats today are 8.9% of outstanding shares have been shorted, and all shorts could be covered over 2.7 days of typical trading volume. These numbers are a far cry from December’s 110% of total shares outstanding or February 2020’s days to cover of 24x.</p><p><blockquote>今天的统计数据显示，8.9%的流通股已被做空，所有空头可以在2.7天的典型交易量内得到回补。这些数字与12月份已发行股票总数的110%或2020年2月的24倍相去甚远。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/85e6a58aec26f6248ade64ad6835ea59\" tg-width=\"635\" tg-height=\"433\" width=\"100%\" height=\"auto\"></p><p><blockquote></blockquote></p><p> In fact, against the gaming peer group, GameStop’s short position stands at a decade low, and is more typical of the group’s short interest of five years ago. This idea is graphed below.</p><p><blockquote>事实上，与博彩同行集团相比，游戏驿站的空头头寸处于十年来的低点，更典型的是该集团五年前的空头兴趣。这个想法如下图所示。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/8cd8b01e08fdc69d2d27e3dfb2ffafad\" tg-width=\"635\" tg-height=\"501\" width=\"100%\" height=\"auto\"></p><p><blockquote></blockquote></p><p> <b>Technical Chart Pattern</b></p><p><blockquote><b>技术图表形态</b></blockquote></p><p> While the chart pattern was basing with positive underlying momentum at $5 a share 18 months ago, today the technical picture is weak during a more volatile zig-zag pattern. Price is doing its best to remain above the important 200-day moving average around $183 currently, and the blip higher in November is a short-term positive. However, my favorite momentum indicators are either bearish or neutral on the stock. The&nbsp;<i>Accumulation/Distribution Line</i>&nbsp;and&nbsp;<i>Negative Volume Index</i>&nbsp;are amazingly weak for a stock not in price decline, while&nbsp;<i>On Balance Volume</i>&nbsp;has done nothing positive since March. It appears trading activity has been a standoff between small aggressive retail buyers and regular selling by hedge funds and institutions. Who will break the tie?</p><p><blockquote>虽然18个月前图表形态以每股5美元的积极潜在势头为基础，但今天技术面在波动性更大的之字形形态中疲弱。目前，价格正在尽最大努力保持在183美元左右的重要200日移动均线之上，11月份的小幅走高是短期利好。然而，我最喜欢的动量指标要么看跌，要么中性。The<i>累积/分配线</i>和<i>负成交量指数</i>对于一只价格没有下跌的股票来说，其表现出奇的疲软，而<i>平衡量</i>自三月份以来没有做过任何积极的事情。交易活动似乎一直是激进的小型散户买家与对冲基金和机构的定期抛售之间的僵局。谁来打破平局？</blockquote></p><p> <img src=\"https://static.tigerbbs.com/e3e66ff9663d595f8dd991a65341d490\" tg-width=\"700\" tg-height=\"639\" width=\"100%\" height=\"auto\"><img src=\"https://static.tigerbbs.com/cad7208af551c11c842e4a5daf682182\" tg-width=\"700\" tg-height=\"639\" width=\"100%\" height=\"auto\"></p><p><blockquote></blockquote></p><p> <b>Final Thoughts</b></p><p><blockquote><b>最后的想法</b></blockquote></p><p> Would I short GameStop around $200 a share? I am not currently contemplating such a trade, because it is “the” posterchild of the meme craze. Plus, I can see a resurgence in Covid-19 spread over the winter causing some money to flow into stay-at-home entertainment names, like those in the gaming industry. However, a price break below $183 (the 200-day moving average) could mean a serious sell-off from its overvaluation plateau may be starting.</p><p><blockquote>我会在每股200美元左右做空游戏驿站吗？我目前没有考虑这样的交易，因为它是迷因热潮的典型代表。此外，我可以看到Covid-19的复苏在整个冬季蔓延，导致一些资金流入家庭娱乐公司，例如游戏行业的公司。然而，价格跌破183美元（200日移动平均线）可能意味着从高估平台开始严重抛售。</blockquote></p><p> I come up with possible upside of $250 a share in 12 months, to a worst-case scenario well under $100 per share. I rate the shares a<i>Neutral</i>to<i>Avoid</i>selection for rational investors. There are hundreds of other stocks with better risk/reward setups than GameStop. And, I write about the strongest buy propositions I can find on Wall Street in my articles. All told, I would prefer to own any of the five peer companies mentioned in this article over GameStop for buy-and-hold portfolio designs. I specifically suggested Walmart several weeks ago&nbsp;here&nbsp;as a defensive blue-chip buy candidate.</p><p><blockquote>我认为12个月内每股可能上涨250美元，最坏的情况是远低于每股100美元。我将股票评级为a<i>中立的</i>到<i>避免</i>理性投资者的选择。还有数百只其他股票的风险/回报设置比游戏驿站更好。而且，我在文章中写下了我在华尔街能找到的最强烈的买入主张。总而言之，对于买入并持有的投资组合设计，我更愿意持有本文中提到的五家同行公司中的任何一家，而不是游戏驿站。几周前，我在这里特别建议沃尔玛作为防御性蓝筹股买入候选者。</blockquote></p><p> If you hold shares, I absolutely think it prudent to lighten up your position in case a major bear market hits the U.S. equity market into 2022. Under such a scenario, newbie and weaker-hand owners of the stock could sell en masse, just like they bought during January. If business sales trends fail to meet expectations in a recession next year, valuations may not support the stock until $100 or even $50 a share is reached. At least, that’s how past recessions and stock market busts have affected leading mania picks, opposite of the straight up ride during the boom.</p><p><blockquote>如果你持有股票，我绝对认为减仓是谨慎的，以防2022年美国股市遭遇重大熊市。在这种情况下，该股票的新手和实力较弱的所有者可以集体出售，就像他们在一月份购买一样。如果明年经济衰退时企业销售趋势未能达到预期，那么在达到每股100美元甚至50美元之前，估值可能无法支撑该股。至少，这就是过去的经济衰退和股市崩盘如何影响领先的狂热选择，而不是繁荣期间的直线上涨。</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>If The Meme Stock Craze Is Ending, GameStop Isn't Worth Much<blockquote>如果模因股票热潮即将结束，游戏驿站就不值钱了</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nIf The Meme Stock Craze Is Ending, GameStop Isn't Worth Much<blockquote>如果模因股票热潮即将结束，游戏驿站就不值钱了</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Seeking Alpha</strong><span class=\"h-time small\">2021-11-29 16:06</span>\n</p>\n</h4>\n</header>\n<article>\n<p><b>Summary</b></p><p><blockquote><b>总结</b></blockquote></p><p> <ul>  <li>The meme trading craze looks to have ended, threatening GameStop's share supply/demand balance.</li>  <li>Valuations have overshot any rational financial analysis or backing by the underlying business.</li>  <li>GameStop's short squeeze fuel no longer exists.</li>  <li>Potential downside appears to be far greater than upside for 2022.</li> </ul> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/9c504bf771310b22472840a7831500c8\" tg-width=\"1536\" tg-height=\"1096\" width=\"100%\" height=\"auto\"><span>Ethan Miller/Getty Images News</span></p><p><blockquote><ul><li>迷因交易热潮似乎已经结束，威胁到游戏驿站的股票供需平衡。</li><li>估值已经超出了任何理性的财务分析或基础业务的支持。</li><li>游戏驿站的空头挤压燃料不复存在。</li><li>2022年的潜在下行空间似乎远大于上行空间。</li></ul><p class=\"t-img-caption\"><span>伊森·米勒/盖蒂图片社新闻</span></p></blockquote></p><p> I have written a number of articles on GameStop(NYSE:GME)&nbsp;over the years, mostly bullish and one bearish take on the stock. My last article in November 2020 explained a short-term oversold condition around $20 a share. Luckily, I made a little profit on that position, and escaped before the once-in-a-lifetime short squeeze completely took hold. With the help of incredible buying volumes by small retail investors following website recommendations (the meme craze of early 2021), GameStop rose from $18 on the first trading day of January to $483 by the end of that month! That’s the kind of superb percentage Big Tech gain witnessed over a decade or two, not a few trading weeks. Literally, fortunes were made and lost in GameStop during 2020-21 (depending on your side of the trade).</p><p><blockquote>多年来，我写了许多关于游戏驿站（纽约证券交易所股票代码：GME）的文章，其中大部分是看涨的，也有一篇是看跌的。我在2020年11月发表的上一篇文章解释了每股20美元左右的短期超卖状况。幸运的是，我在那个头寸上赚了一点利润，并在千载难逢的空头挤压完全发生之前逃脱了。在小散户投资者遵循网站推荐（2021年初的meme热潮）的惊人购买量的帮助下，游戏驿站从1月第一个交易日的18美元上涨到了当月底的483美元！这是十年或二十年来（而不是几个交易周）大型科技公司所见证的惊人百分比涨幅。从字面上看，2020-21年期间，游戏驿站赚了又赔了（取决于你的行业）。</blockquote></p><p> Anyway, the stock has flatlined or declined in price ever since this momentous short squeeze forced a number of hedge funds to cover (purchase) the stock at horrific loss levels. A good ten months later, investors in the stock need to ask themselves: what is the underlying business really worth, if the 2021 stock market bubble is starting to burst? My answer is the downside could be enormous, and all shareholders should seriously consider taking some money (especially large profits) off the table.</p><p><blockquote>无论如何，自从这次重大的轧空迫使许多对冲基金以可怕的损失水平回补（购买）该股以来，该股的价格已经持平或下跌。整整十个月后，该股的投资者需要问自己：如果2021年股市泡沫开始破裂，基础业务的真正价值是多少？我的回答是，负面影响可能是巨大的，所有股东都应该认真考虑撤掉一些钱（尤其是巨额利润）。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/7270f7dee1050f5c9aa24ab14c85d892\" tg-width=\"964\" tg-height=\"589\" width=\"100%\" height=\"auto\"><span>Image Source: Company Website November 26th, 2021</span></p><p><blockquote><p class=\"t-img-caption\"><span>图片来源：公司网站2021年11月26日</span></p></blockquote></p><p> <b>Weak Consensus Outlook</b></p><p><blockquote><b>共识前景疲弱</b></blockquote></p><p> Wall Street analysts following actual business trends are not very optimistic on GameStop’s immediate future. Below are their forecasts for fiscal 2022 (the current year) and 2023. Sales are not projected to grow by leaps and bounds to justify the price surge from a year ago, and the company is struggling to report an operating profit as currently configured.</p><p><blockquote>关注实际商业趋势的华尔街分析师对游戏驿站近期的前景并不十分乐观。以下是他们对2022财年（本年度）和2023财年的预测。预计销售额不会出现突飞猛进的增长，以证明价格较一年前飙升的合理性，而且该公司正在努力报告目前配置的营业利润。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/663ae1c457ad76bab8cfc99cd71c7fa7\" tg-width=\"640\" tg-height=\"237\" width=\"100%\" height=\"auto\"><span>Source: Seeking Alpha</span></p><p><blockquote><p class=\"t-img-caption\"><span>资料来源：寻求阿尔法</span></p></blockquote></p><p> Again, Seeking Alpha’s grades of the stock setup and computerized quant scoring of earnings and equity trading momentum leave a lot to be desired in late 2021. If you are looking for strong value or high growth rates, GameStop fails miserably as a buy idea.</p><p><blockquote>同样，Seeking Alpha的股票设置评级以及盈利和股票交易势头的计算机化量化评分在2021年底还有很多不足之处。如果你正在寻找强大的价值或高增长率，游戏驿站作为一个买入想法失败了。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/c3728f92df6c28084beba26a290e9012\" tg-width=\"323\" tg-height=\"225\" width=\"100%\" height=\"auto\"><span>Source: Seeking Alpha</span></p><p><blockquote><p class=\"t-img-caption\"><span>资料来源：寻求阿尔法</span></p></blockquote></p><p> <b>Clear Overvaluation</b></p><p><blockquote><b>明显高估</b></blockquote></p><p> Sure, the gaming industry is growing, and the enterprise has a retail niche to play for consumers, but does the valuation of the stock match reality? My answer is a resounding NO. While the $5 price of 18-24 months ago was extremely undervalued (I said so in previous articles), today’s $200 price is the polar opposite for overvaluation. I come up with a long-term underlying worth closer to $50 for GameStop. Below are some stats to explain why.</p><p><blockquote>当然，游戏行业正在增长，企业有一个面向消费者的零售利基市场，但股票的估值与现实相符吗？我的回答是响亮的不。虽然18-24个月前5美元的价格被极度低估（我在以前的文章中说过），但今天200美元的价格与高估截然相反。我为游戏驿站提出了价值接近50美元的长期基础资产。下面是一些统计数据来解释原因。</blockquote></p><p> The company does not earn a profit today, the primary goal of any business operation. Compared to other national third-party gaming retailers Best Buy(NYSE:BBY)&nbsp;or Walmart(NYSE:WMT), GameStop is uniquely unprofitable as a competitor. And, if you can choose where to put your investment capital, why not pick a higher profit margin game developer like Electronic Arts(NASDAQ:EA), Activision Blizzard(NASDAQ:ATVI)&nbsp;or Take-Two(NASDAQ:TTWO)?</p><p><blockquote>该公司今天不赚取利润，这是任何业务运营的首要目标。与其他全国性第三方游戏零售商百思买（纽约证券交易所股票代码：BBY）或沃尔玛（纽约证券交易所股票代码：WMT）相比，游戏驿站作为竞争对手是独一无二的无利可图。而且，如果您可以选择将投资资金投向何处，为什么不选择利润率更高的游戏开发商，如艺电（纳斯达克：EA）、动视暴雪（纳斯达克：ATVI）或Take-Two（纳斯达克：TTWO）？</blockquote></p><p> <img src=\"https://static.tigerbbs.com/8b62c51578b951efbc8aa5cbb59ae2e5\" tg-width=\"635\" tg-height=\"501\" width=\"100%\" height=\"auto\"></p><p><blockquote></blockquote></p><p> Let’s review a decade of trading history revolving around the equity’s price to trailing sales, cash flow, and book value. On these underlying fundamental metrics, GameStop is currently valued at 3x to 5x its 10-year average setup!</p><p><blockquote>让我们回顾一下围绕股票价格、跟踪销售额、现金流和账面价值的十年交易历史。根据这些基本指标，游戏驿站目前的估值是其10年平均水平的3至5倍！</blockquote></p><p> <img src=\"https://static.tigerbbs.com/45f0a321962bf675844ffb971880d302\" tg-width=\"635\" tg-height=\"450\" width=\"100%\" height=\"auto\"></p><p><blockquote></blockquote></p><p> Versus the peer group, GameStop is in nosebleed territory vs. profitable retailers on price to sales, and is approaching the high valuation multiples of the super-profitable game development businesses.</p><p><blockquote>与同行相比，游戏驿站在市销率方面与盈利零售商相比处于令人流鼻血的境地，并且正在接近超盈利游戏开发业务的高估值倍数。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/af8b9dbeed0649d2a1945c7736e85d09\" tg-width=\"635\" tg-height=\"501\" width=\"100%\" height=\"auto\"></p><p><blockquote></blockquote></p><p></p><p> On price to cash flow, $200 a share fails miserably for a fair valuation. It is double the ratio of gamers and 4x the ratio of retailers. Keep in mind all of the group actually churns out income for owners, while GameStop does not.</p><p><blockquote>就价格与现金流相比，每股200美元的估值很难达到公平的估值。是游戏玩家比例的两倍，零售商比例的4倍。请记住，整个集团实际上为所有者创造了收入，而游戏驿站则没有。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/31b5d358ce5fdf9e494a186731438120\" tg-width=\"635\" tg-height=\"501\" width=\"100%\" height=\"auto\"></p><p><blockquote></blockquote></p><p> Again, on price to book value, GameStop is the most expensive by far. The fascinating note to contemplate: a year and a half ago, the valuation story was completely reversed, with GME the cheapest of the group, hands down no argument, on every single fundamental comparison. Smart investors/traders look for deep value to buy, while selling out after price has risen above fair value, like today.</p><p><blockquote>同样，就市净率而言，游戏驿站是迄今为止最昂贵的。值得思考的有趣的一点是：一年半前，估值情况完全逆转，在每一项基本面比较中，GME都是该集团中最便宜的，毫无疑问。聪明的投资者/交易者寻找深度价值买入，而在价格升至公允价值以上后卖出，就像今天一样。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/77464405fcdb05f40d732c7885818f53\" tg-width=\"635\" tg-height=\"501\" width=\"100%\" height=\"auto\"></p><p><blockquote></blockquote></p><p> <b>Short Squeeze Fuel Exhausted</b></p><p><blockquote><b>短挤压燃料耗尽</b></blockquote></p><p> The bad news for short-term investors is the “tackling fuel” for the monster climb in January is gone. The short position is relatively normal today against other U.S. stocks, as opposed to its uniquely outsized setup going into 2021. If you are hoping for a move to $300 or even higher soon, the mathematical odds say that’s a longshot to happen.</p><p><blockquote>对于短期投资者来说，坏消息是一月份大幅上涨的“应对燃料”已经消失。今天相对于其他美国股票的空头头寸相对正常，而不是其进入2021年独特的超大设置。如果您希望价格很快升至300美元甚至更高，那么从数学上看，这种可能性很小。</blockquote></p><p> The stats today are 8.9% of outstanding shares have been shorted, and all shorts could be covered over 2.7 days of typical trading volume. These numbers are a far cry from December’s 110% of total shares outstanding or February 2020’s days to cover of 24x.</p><p><blockquote>今天的统计数据显示，8.9%的流通股已被做空，所有空头可以在2.7天的典型交易量内得到回补。这些数字与12月份已发行股票总数的110%或2020年2月的24倍相去甚远。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/85e6a58aec26f6248ade64ad6835ea59\" tg-width=\"635\" tg-height=\"433\" width=\"100%\" height=\"auto\"></p><p><blockquote></blockquote></p><p> In fact, against the gaming peer group, GameStop’s short position stands at a decade low, and is more typical of the group’s short interest of five years ago. This idea is graphed below.</p><p><blockquote>事实上，与博彩同行集团相比，游戏驿站的空头头寸处于十年来的低点，更典型的是该集团五年前的空头兴趣。这个想法如下图所示。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/8cd8b01e08fdc69d2d27e3dfb2ffafad\" tg-width=\"635\" tg-height=\"501\" width=\"100%\" height=\"auto\"></p><p><blockquote></blockquote></p><p> <b>Technical Chart Pattern</b></p><p><blockquote><b>技术图表形态</b></blockquote></p><p> While the chart pattern was basing with positive underlying momentum at $5 a share 18 months ago, today the technical picture is weak during a more volatile zig-zag pattern. Price is doing its best to remain above the important 200-day moving average around $183 currently, and the blip higher in November is a short-term positive. However, my favorite momentum indicators are either bearish or neutral on the stock. The&nbsp;<i>Accumulation/Distribution Line</i>&nbsp;and&nbsp;<i>Negative Volume Index</i>&nbsp;are amazingly weak for a stock not in price decline, while&nbsp;<i>On Balance Volume</i>&nbsp;has done nothing positive since March. It appears trading activity has been a standoff between small aggressive retail buyers and regular selling by hedge funds and institutions. Who will break the tie?</p><p><blockquote>虽然18个月前图表形态以每股5美元的积极潜在势头为基础，但今天技术面在波动性更大的之字形形态中疲弱。目前，价格正在尽最大努力保持在183美元左右的重要200日移动均线之上，11月份的小幅走高是短期利好。然而，我最喜欢的动量指标要么看跌，要么中性。The<i>累积/分配线</i>和<i>负成交量指数</i>对于一只价格没有下跌的股票来说，其表现出奇的疲软，而<i>平衡量</i>自三月份以来没有做过任何积极的事情。交易活动似乎一直是激进的小型散户买家与对冲基金和机构的定期抛售之间的僵局。谁来打破平局？</blockquote></p><p> <img src=\"https://static.tigerbbs.com/e3e66ff9663d595f8dd991a65341d490\" tg-width=\"700\" tg-height=\"639\" width=\"100%\" height=\"auto\"><img src=\"https://static.tigerbbs.com/cad7208af551c11c842e4a5daf682182\" tg-width=\"700\" tg-height=\"639\" width=\"100%\" height=\"auto\"></p><p><blockquote></blockquote></p><p> <b>Final Thoughts</b></p><p><blockquote><b>最后的想法</b></blockquote></p><p> Would I short GameStop around $200 a share? I am not currently contemplating such a trade, because it is “the” posterchild of the meme craze. Plus, I can see a resurgence in Covid-19 spread over the winter causing some money to flow into stay-at-home entertainment names, like those in the gaming industry. However, a price break below $183 (the 200-day moving average) could mean a serious sell-off from its overvaluation plateau may be starting.</p><p><blockquote>我会在每股200美元左右做空游戏驿站吗？我目前没有考虑这样的交易，因为它是迷因热潮的典型代表。此外，我可以看到Covid-19的复苏在整个冬季蔓延，导致一些资金流入家庭娱乐公司，例如游戏行业的公司。然而，价格跌破183美元（200日移动平均线）可能意味着从高估平台开始严重抛售。</blockquote></p><p> I come up with possible upside of $250 a share in 12 months, to a worst-case scenario well under $100 per share. I rate the shares a<i>Neutral</i>to<i>Avoid</i>selection for rational investors. There are hundreds of other stocks with better risk/reward setups than GameStop. And, I write about the strongest buy propositions I can find on Wall Street in my articles. All told, I would prefer to own any of the five peer companies mentioned in this article over GameStop for buy-and-hold portfolio designs. I specifically suggested Walmart several weeks ago&nbsp;here&nbsp;as a defensive blue-chip buy candidate.</p><p><blockquote>我认为12个月内每股可能上涨250美元，最坏的情况是远低于每股100美元。我将股票评级为a<i>中立的</i>到<i>避免</i>理性投资者的选择。还有数百只其他股票的风险/回报设置比游戏驿站更好。而且，我在文章中写下了我在华尔街能找到的最强烈的买入主张。总而言之，对于买入并持有的投资组合设计，我更愿意持有本文中提到的五家同行公司中的任何一家，而不是游戏驿站。几周前，我在这里特别建议沃尔玛作为防御性蓝筹股买入候选者。</blockquote></p><p> If you hold shares, I absolutely think it prudent to lighten up your position in case a major bear market hits the U.S. equity market into 2022. Under such a scenario, newbie and weaker-hand owners of the stock could sell en masse, just like they bought during January. If business sales trends fail to meet expectations in a recession next year, valuations may not support the stock until $100 or even $50 a share is reached. At least, that’s how past recessions and stock market busts have affected leading mania picks, opposite of the straight up ride during the boom.</p><p><blockquote>如果你持有股票，我绝对认为减仓是谨慎的，以防2022年美国股市遭遇重大熊市。在这种情况下，该股票的新手和实力较弱的所有者可以集体出售，就像他们在一月份购买一样。如果明年经济衰退时企业销售趋势未能达到预期，那么在达到每股100美元甚至50美元之前，估值可能无法支撑该股。至少，这就是过去的经济衰退和股市崩盘如何影响领先的狂热选择，而不是繁荣期间的直线上涨。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://seekingalpha.com/article/4472163-meme-stock-craze-ending-gamestop-worth\">Seeking Alpha</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GME":"游戏驿站"},"source_url":"https://seekingalpha.com/article/4472163-meme-stock-craze-ending-gamestop-worth","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1137228068","content_text":"Summary\n\nThe meme trading craze looks to have ended, threatening GameStop's share supply/demand balance.\nValuations have overshot any rational financial analysis or backing by the underlying business.\nGameStop's short squeeze fuel no longer exists.\nPotential downside appears to be far greater than upside for 2022.\n\nEthan Miller/Getty Images News\nI have written a number of articles on GameStop(NYSE:GME) over the years, mostly bullish and one bearish take on the stock. My last article in November 2020 explained a short-term oversold condition around $20 a share. Luckily, I made a little profit on that position, and escaped before the once-in-a-lifetime short squeeze completely took hold. With the help of incredible buying volumes by small retail investors following website recommendations (the meme craze of early 2021), GameStop rose from $18 on the first trading day of January to $483 by the end of that month! That’s the kind of superb percentage Big Tech gain witnessed over a decade or two, not a few trading weeks. Literally, fortunes were made and lost in GameStop during 2020-21 (depending on your side of the trade).\nAnyway, the stock has flatlined or declined in price ever since this momentous short squeeze forced a number of hedge funds to cover (purchase) the stock at horrific loss levels. A good ten months later, investors in the stock need to ask themselves: what is the underlying business really worth, if the 2021 stock market bubble is starting to burst? My answer is the downside could be enormous, and all shareholders should seriously consider taking some money (especially large profits) off the table.\nImage Source: Company Website November 26th, 2021\nWeak Consensus Outlook\nWall Street analysts following actual business trends are not very optimistic on GameStop’s immediate future. Below are their forecasts for fiscal 2022 (the current year) and 2023. Sales are not projected to grow by leaps and bounds to justify the price surge from a year ago, and the company is struggling to report an operating profit as currently configured.\nSource: Seeking Alpha\nAgain, Seeking Alpha’s grades of the stock setup and computerized quant scoring of earnings and equity trading momentum leave a lot to be desired in late 2021. If you are looking for strong value or high growth rates, GameStop fails miserably as a buy idea.\nSource: Seeking Alpha\nClear Overvaluation\nSure, the gaming industry is growing, and the enterprise has a retail niche to play for consumers, but does the valuation of the stock match reality? My answer is a resounding NO. While the $5 price of 18-24 months ago was extremely undervalued (I said so in previous articles), today’s $200 price is the polar opposite for overvaluation. I come up with a long-term underlying worth closer to $50 for GameStop. Below are some stats to explain why.\nThe company does not earn a profit today, the primary goal of any business operation. Compared to other national third-party gaming retailers Best Buy(NYSE:BBY) or Walmart(NYSE:WMT), GameStop is uniquely unprofitable as a competitor. And, if you can choose where to put your investment capital, why not pick a higher profit margin game developer like Electronic Arts(NASDAQ:EA), Activision Blizzard(NASDAQ:ATVI) or Take-Two(NASDAQ:TTWO)?\n\nLet’s review a decade of trading history revolving around the equity’s price to trailing sales, cash flow, and book value. On these underlying fundamental metrics, GameStop is currently valued at 3x to 5x its 10-year average setup!\n\nVersus the peer group, GameStop is in nosebleed territory vs. profitable retailers on price to sales, and is approaching the high valuation multiples of the super-profitable game development businesses.\n\nOn price to cash flow, $200 a share fails miserably for a fair valuation. It is double the ratio of gamers and 4x the ratio of retailers. Keep in mind all of the group actually churns out income for owners, while GameStop does not.\n\nAgain, on price to book value, GameStop is the most expensive by far. The fascinating note to contemplate: a year and a half ago, the valuation story was completely reversed, with GME the cheapest of the group, hands down no argument, on every single fundamental comparison. Smart investors/traders look for deep value to buy, while selling out after price has risen above fair value, like today.\n\nShort Squeeze Fuel Exhausted\nThe bad news for short-term investors is the “tackling fuel” for the monster climb in January is gone. The short position is relatively normal today against other U.S. stocks, as opposed to its uniquely outsized setup going into 2021. If you are hoping for a move to $300 or even higher soon, the mathematical odds say that’s a longshot to happen.\nThe stats today are 8.9% of outstanding shares have been shorted, and all shorts could be covered over 2.7 days of typical trading volume. These numbers are a far cry from December’s 110% of total shares outstanding or February 2020’s days to cover of 24x.\n\nIn fact, against the gaming peer group, GameStop’s short position stands at a decade low, and is more typical of the group’s short interest of five years ago. This idea is graphed below.\n\nTechnical Chart Pattern\nWhile the chart pattern was basing with positive underlying momentum at $5 a share 18 months ago, today the technical picture is weak during a more volatile zig-zag pattern. Price is doing its best to remain above the important 200-day moving average around $183 currently, and the blip higher in November is a short-term positive. However, my favorite momentum indicators are either bearish or neutral on the stock. The Accumulation/Distribution Line and Negative Volume Index are amazingly weak for a stock not in price decline, while On Balance Volume has done nothing positive since March. It appears trading activity has been a standoff between small aggressive retail buyers and regular selling by hedge funds and institutions. Who will break the tie?\n\nFinal Thoughts\nWould I short GameStop around $200 a share? I am not currently contemplating such a trade, because it is “the” posterchild of the meme craze. Plus, I can see a resurgence in Covid-19 spread over the winter causing some money to flow into stay-at-home entertainment names, like those in the gaming industry. However, a price break below $183 (the 200-day moving average) could mean a serious sell-off from its overvaluation plateau may be starting.\nI come up with possible upside of $250 a share in 12 months, to a worst-case scenario well under $100 per share. I rate the shares aNeutraltoAvoidselection for rational investors. There are hundreds of other stocks with better risk/reward setups than GameStop. And, I write about the strongest buy propositions I can find on Wall Street in my articles. All told, I would prefer to own any of the five peer companies mentioned in this article over GameStop for buy-and-hold portfolio designs. I specifically suggested Walmart several weeks ago here as a defensive blue-chip buy candidate.\nIf you hold shares, I absolutely think it prudent to lighten up your position in case a major bear market hits the U.S. equity market into 2022. Under such a scenario, newbie and weaker-hand owners of the stock could sell en masse, just like they bought during January. If business sales trends fail to meet expectations in a recession next year, valuations may not support the stock until $100 or even $50 a share is reached. At least, that’s how past recessions and stock market busts have affected leading mania picks, opposite of the straight up ride during the boom.","news_type":1,"symbols_score_info":{"GME":0.9}},"isVote":1,"tweetType":1,"viewCount":691,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":845374070,"gmtCreate":1636294572102,"gmtModify":1636294572301,"author":{"id":"3586473514667147","authorId":"3586473514667147","name":"gky","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3586473514667147","idStr":"3586473514667147"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/845374070","repostId":"2181374735","repostType":4,"isVote":1,"tweetType":1,"viewCount":416,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":855952270,"gmtCreate":1635328315160,"gmtModify":1635328315240,"author":{"id":"3586473514667147","authorId":"3586473514667147","name":"gky","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3586473514667147","idStr":"3586473514667147"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/855952270","repostId":"1122016779","repostType":4,"isVote":1,"tweetType":1,"viewCount":688,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":829286215,"gmtCreate":1633514632229,"gmtModify":1633514632443,"author":{"id":"3586473514667147","authorId":"3586473514667147","name":"gky","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3586473514667147","idStr":"3586473514667147"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/829286215","repostId":"1120368090","repostType":4,"isVote":1,"tweetType":1,"viewCount":389,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":897523630,"gmtCreate":1628945731820,"gmtModify":1633688359213,"author":{"id":"3586473514667147","authorId":"3586473514667147","name":"gky","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3586473514667147","idStr":"3586473514667147"},"themes":[],"htmlText":"Good","listText":"Good","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/897523630","repostId":"2159521376","repostType":4,"repost":{"id":"2159521376","kind":"highlight","pubTimestamp":1628906786,"share":"https://www.laohu8.com/m/news/2159521376?lang=zh_CN&edition=full","pubTime":"2021-08-14 10:06","market":"us","language":"en","title":"Chasing Tesla: Here are the current electric vehicle plans of every major car maker<blockquote>追逐特斯拉：以下是各大车厂目前的电动汽车计划</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=2159521376","media":"MarketWatch","summary":"At President Joe Biden's urging, the auto industry pledged to boost production of electric vehicles ","content":"<p>At President Joe Biden's urging, the auto industry pledged to boost production of electric vehicles to the point that they account for about half of total U.S. sales by 2030, a plan that raises hopes that EVs can shift from niche to normal.</p><p><blockquote>在总统乔·拜登的敦促下，汽车行业承诺到2030年将电动汽车产量提高到约占美国总销量的一半，这一计划让人们燃起了电动汽车从小众转向主流的希望。</blockquote></p><p> EVs accounted for 2.4% of U.S. cars sold in 2020, up from 0.7% five years ago, according to BloombergNEF. The research provider expects that share to increase to 11% in 2025; by 2030, it expects that slightly over a third of vehicles sold in the U.S. will be electric.</p><p><blockquote>根据彭博新能源财经的数据，2020年电动汽车占美国汽车销量的2.4%，高于五年前的0.7%。该研究提供商预计，到2025年，这一份额将增至11%；预计到2030年，美国销售的汽车中有三分之一以上将是电动汽车。</blockquote></p><p> Several auto makers had already announced bigger EV ambitions even before the White House call.</p><p><blockquote>甚至在白宫看涨期权之前，几家汽车制造商就已经宣布了更大的电动汽车雄心。</blockquote></p><p> Here are each major car maker's stated plans for EVs, including, when available, investment amounts and the range of models they hope to bring to market.</p><p><blockquote>以下是各主要汽车制造商对电动汽车的既定计划，包括（如果有）投资金额以及他们希望推向市场的车型范围。</blockquote></p><p> This information was collated from company sites, previous reports, and BloombergNEF projections, and will be updated regularly.</p><p><blockquote>这些信息是根据公司网站、之前的报告和彭博新能源财经的预测整理而成，并将定期更新。</blockquote></p><p> <b>Audi</b></p><p><blockquote><b>奥迪</b></blockquote></p><p> Audi, a brand known for its luxury cars and owned by Germany's Volkswagen AG , has promised to have battery-electric vehicles comprise 35% of its sales by 2025. By that time, Audi buyers will choose from about 20 EV models.</p><p><blockquote>德国大众汽车公司旗下以豪华汽车闻名的奥迪品牌承诺，到2025年，纯电动汽车将占其销量的35%。届时，奥迪买家将有约20款电动车型可供选择。</blockquote></p><p> <b>BMW</b></p><p><blockquote><b>宝马</b></blockquote></p><p> BMW AG , a luxury-car maker from Germany, was among the first EV innovators. It launched its i3 compact EV eight years ago, then as $one of the few serious competitors to Tesla Inc.'s vehicles.</p><p><blockquote>德国豪华汽车制造商宝马公司是最早的电动汽车创新者之一。八年前，该公司推出了i3紧凑型电动汽车，当时是特斯拉汽车为数不多的有力竞争对手之一。</blockquote></p><p> BMW's EV pipeline has slowed, but the auto maker has promised that 25% of its European sales will be all-electric and hybrid vehicles this year, and that all sales of its Mini brand will be battery electric by 2030. It expects to launch more than 10 battery EVs models in the next couple of years.</p><p><blockquote>宝马的电动汽车产品线已经放缓，但该汽车制造商承诺，今年其欧洲销量的25%将是全电动和混合动力汽车，到2030年，其Mini品牌的所有销量都将是纯电动汽车。预计未来几年将推出10多种电池电动汽车车型。</blockquote></p><p> <b>Daimler/Mercedes-Benz</b></p><p><blockquote><b>戴姆勒/奔驰</b></blockquote></p><p> Mercedes-Benz, owned by Daimler AG , expects that between 15% and 25% of its sales will be comprised of EV sales by 2025; by 2030, that percentage is expected to grow to 50%. Mercedes-Benz is slated to end 2021 offering three new electric passenger car models and more to come in 2022.</p><p><blockquote>戴姆勒股份公司旗下的梅赛德斯-奔驰预计，到2025年，其销量的15%至25%将来自电动汽车销量；到2030年，这一比例预计将增长至50%。梅赛德斯-奔驰计划在2021年底推出三款新的电动乘用车车型，并在2022年推出更多车型。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/ec4b2abd59e5b19c9eec0034342af25e\" tg-width=\"700\" tg-height=\"413\" width=\"100%\" height=\"auto\"><span>SOURCE: MERCEDES</span></p><p><blockquote><p class=\"t-img-caption\"><span>资料来源：梅赛德斯</span></p></blockquote></p><p> <b>Ford</b></p><p><blockquote><b>福特</b></blockquote></p><p> Ford Motor Co. <a href=\"https://laohu8.com/S/F\">$(F)$</a> has said that 40% of its global sales by 2030 will be sales of EVs . Ford is aiming to have dozens of electrified models by 2022, the year that will also mark the debut of its much-awaited all-electric F-150 Lightning pickup truck.</p><p><blockquote>福特汽车公司。<a href=\"https://laohu8.com/S/F\">$(F)$</a>曾表示，到2030年，其全球销量的40%将是电动汽车。福特的目标是到2022年推出数十款电动车型，这一年也将标志着其备受期待的全电动F-150 Lightning皮卡的首次亮相。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/3a44fec36dac046911679a2ba769cb2b\" tg-width=\"700\" tg-height=\"450\" width=\"100%\" height=\"auto\"><span>The Ford F-150 Lightning o JEFF KOWALSKY/AGENCE FRANCE-PRESSE/GETTY IMAGES</span></p><p><blockquote><p class=\"t-img-caption\"><span>福特F-150 Lightning作者：杰夫·科瓦尔斯基/法新社/盖蒂图片社</span></p></blockquote></p><p> Ford has called the Lightning the \"pillar\" of its more than $22 billion bet on EVs, which includes EV models for other best-selling vehicles such as the Mustang and its Transit van.</p><p><blockquote>福特称Lightning是其超过220亿美元电动汽车押注的“支柱”，其中包括野马及其全顺货车等其他畅销汽车的电动汽车车型。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/87df52ddef1af1d1342d685897e83652\" tg-width=\"700\" tg-height=\"392\" width=\"100%\" height=\"auto\"><span>SOURCE: FORD</span></p><p><blockquote><p class=\"t-img-caption\"><span>资料来源：福特</span></p></blockquote></p><p> <b>GM</b></p><p><blockquote><b>GM</b></blockquote></p><p> General Motors Co. <a href=\"https://laohu8.com/S/GM\">$(GM)$</a> surprised Wall Street in January by saying it aims to phase out all of its internal combustion engine vehicles by 2035 and only sell zero-emission vehicles by then. The auto maker also promises to be carbon-neutral by 2040.</p><p><blockquote>通用汽车公司。<a href=\"https://laohu8.com/S/GM\">$(GM)$</a>一月份，该公司表示计划到2035年逐步淘汰所有内燃机汽车，届时只销售零排放汽车，令华尔街感到惊讶。该汽车制造商还承诺到2040年实现碳中和。</blockquote></p><p> GM has said that it will offer 30 all-electric models globally by mid-decade, and that 40% percent of the company's U.S. models will be battery electric vehicles by the end of 2025. Its Hummer electric is expected for next year, with production starting this fall.</p><p><blockquote>通用汽车表示，到本世纪中期，将在全球范围内提供30款全电动车型，到2025年底，该公司40%的美国车型将是纯电动汽车。其悍马电动车预计将于明年上市，并于今年秋季开始生产。</blockquote></p><p> <b>Honda</b></p><p><blockquote><b>本田</b></blockquote></p><p> The Japanese maker (7267.TO), which owns the namesake Honda brand and also the luxury-car brand Acura, is projected to derive 40% of its sales from EVs and fuel-cell electric cars by 2030. In April 2020, Honda and GM announced a partnership to develop Honda electric cars using GM's Ultium batteries.</p><p><blockquote>这家日本制造商(7267.TO)拥有同名本田品牌和豪华汽车品牌讴歌，预计到2030年其销售额的40%将来自电动汽车和燃料电池电动汽车。2020年4月，本田和通用汽车宣布合作开发使用通用汽车Ultium电池的本田电动汽车。</blockquote></p><p> <b>Hyundai</b></p><p><blockquote><b>现代</b></blockquote></p><p> The Korean car maker , which also owns Kia, is aiming to have 40% of its Kia and Hyundai brands sales to be of EVs and fuel-cell electric vehicles by 2025. Its Hyundai brand plans on more than 30 electric passenger vehicles by then.</p><p><blockquote>这家还拥有起亚的韩国汽车制造商的目标是到2025年，其起亚和现代品牌销量的40%来自电动汽车和燃料电池电动汽车。其现代品牌计划届时推出30多款电动乘用车。</blockquote></p><p> <b>Mazda</b></p><p><blockquote><b>马自达</b></blockquote></p><p> Mazda plans to offer 5% of its vehicles as battery electric by 2030, but EV sales targets as a percentage of total sales are unknown at the moment. Mazda does not offer EVs in the U.S., but sells a few EV and hybrid models elsewhere.</p><p><blockquote>马自达计划到2030年提供5%的汽车为纯电动汽车，但电动汽车销量占总销量的百分比目标目前尚不清楚。马自达不在美国提供电动汽车，但在其他地方销售一些电动汽车和混合动力车型。</blockquote></p><p> <b>Nissan</b></p><p><blockquote><b>日产</b></blockquote></p><p> Nissan Motor Co. Ltd. was among the first auto makers to offer an all-electric vehicle, and its the Nissan Leaf for years was one of the few options available for those without the deep pockets needed for a Tesla Inc. <a href=\"https://laohu8.com/S/TSLA\">$(TSLA)$</a> Model S.</p><p><blockquote>日产汽车有限公司是最早提供全电动汽车的汽车制造商之一，多年来，对于那些没有足够财力购买特斯拉公司的人来说，日产聆风是为数不多的选择之一。<a href=\"https://laohu8.com/S/TSLA\">$(TSLA)$</a>S型。</blockquote></p><p></p><p> Nissan plans to offer 20 EV models in China by next year, and for the U.S. the company recently said it plans that more than 40% of its U.S. vehicle sales by 2030 will be fully electric.</p><p><blockquote>日产计划明年在中国推出20款电动汽车车型，而在美国，该公司最近表示，计划到2030年，其美国汽车销量的40%以上将是全电动汽车。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/5cbdfabce43725b3d966cf5db5b820f6\" tg-width=\"700\" tg-height=\"466\" width=\"100%\" height=\"auto\"><span>The Nissan Leaf NISSAN</span></p><p><blockquote><p class=\"t-img-caption\"><span>日产聆风日产</span></p></blockquote></p><p> <b>Porsche</b></p><p><blockquote><b>保时捷</b></blockquote></p><p> The car maker and almost synonym of sports cars is aiming to have half of its sales be of EV vehicles by 2025.</p><p><blockquote>这家汽车制造商几乎是跑车的代名词，其目标是到2025年让电动汽车占其销量的一半。</blockquote></p><p> <b>Stellantis</b></p><p><blockquote><b>Stellantis</b></blockquote></p><p> <a href=\"https://laohu8.com/S/STLA\">Stellantis NV</a> (STLA.MI), the global auto maker formed earlier this year through the merger of Fiat Chrysler Automobiles NV and France's PSA Group, said in July it was investing $35 billion in EVs and adjacent technologies through 2025.</p><p><blockquote><a href=\"https://laohu8.com/S/STLA\">斯特兰蒂斯公司</a>(STLA.MI)是今年早些时候由菲亚特克莱斯勒汽车公司(Fiat Chrysler Automobiles NV)和法国PSA集团合并而成的全球汽车制造商，该公司7月份表示，到2025年，将在电动汽车和相关技术上投资350亿美元。</blockquote></p><p> By that year, Stellantis is expected to derive 31% of its U.S. sales and 38% of its European sales from EVs, percentages that are seen growing to 35% of U.S. sales and 70% of European sales by 2030.</p><p><blockquote>到那一年，Stellantis预计其美国销售额的31%和欧洲销售额的38%将来自电动汽车，预计到2030年，这一比例将增长到美国销售额的35%和欧洲销售额的70%。</blockquote></p><p> <b>Subaru</b></p><p><blockquote><b>斯巴鲁</b></blockquote></p><p> The Japanese maker is expected to derive 40% of its sales from EVs and hybrid electric vehicles by 2030.</p><p><blockquote>预计到2030年，这家日本制造商40%的销售额将来自电动汽车和混合动力电动汽车。</blockquote></p><p> <b>Toyota</b></p><p><blockquote><b>丰田</b></blockquote></p><p> Some 70% of sales for the world's No. 1 car maker (7203.TO) are expected to come from EVs and fuel-cell electric vehicles by 2030. Toyota plans to offer 15 battery EV models by 2025. The car maker, of course, broke ground with its hybrid Toyota Prius two decades ago.</p><p><blockquote>预计到2030年，这家全球第一汽车制造商(7203.TO)约70%的销售额将来自电动汽车和燃料电池电动汽车。丰田计划到2025年提供15款纯电动汽车车型。当然，这家汽车制造商在二十年前就推出了混合动力丰田普锐斯。</blockquote></p><p> <b>Volkswagen</b></p><p><blockquote><b>大众汽车</b></blockquote></p><p> The car maker is expected to derive 70% of its European sales from EVs and 50% of its U.S. sales from EVs by 2030. Volkswagen has pledged to spend about $40 billion through 2025 on EVs.</p><p><blockquote>预计到2030年，该汽车制造商70%的欧洲销量来自电动汽车，50%的美国销量来自电动汽车。大众汽车承诺到2025年在电动汽车上花费约400亿美元。</blockquote></p><p></p>","source":"lsy1603348471595","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>Chasing Tesla: Here are the current electric vehicle plans of every major car maker<blockquote>追逐特斯拉：以下是各大车厂目前的电动汽车计划</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\">\nChasing Tesla: Here are the current electric vehicle plans of every major car maker<blockquote>追逐特斯拉：以下是各大车厂目前的电动汽车计划</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">MarketWatch</strong><span class=\"h-time small\">2021-08-14 10:06</span>\n</p>\n</h4>\n</header>\n<article>\n<p>At President Joe Biden's urging, the auto industry pledged to boost production of electric vehicles to the point that they account for about half of total U.S. sales by 2030, a plan that raises hopes that EVs can shift from niche to normal.</p><p><blockquote>在总统乔·拜登的敦促下，汽车行业承诺到2030年将电动汽车产量提高到约占美国总销量的一半，这一计划让人们燃起了电动汽车从小众转向主流的希望。</blockquote></p><p> EVs accounted for 2.4% of U.S. cars sold in 2020, up from 0.7% five years ago, according to BloombergNEF. The research provider expects that share to increase to 11% in 2025; by 2030, it expects that slightly over a third of vehicles sold in the U.S. will be electric.</p><p><blockquote>根据彭博新能源财经的数据，2020年电动汽车占美国汽车销量的2.4%，高于五年前的0.7%。该研究提供商预计，到2025年，这一份额将增至11%；预计到2030年，美国销售的汽车中有三分之一以上将是电动汽车。</blockquote></p><p> Several auto makers had already announced bigger EV ambitions even before the White House call.</p><p><blockquote>甚至在白宫看涨期权之前，几家汽车制造商就已经宣布了更大的电动汽车雄心。</blockquote></p><p> Here are each major car maker's stated plans for EVs, including, when available, investment amounts and the range of models they hope to bring to market.</p><p><blockquote>以下是各主要汽车制造商对电动汽车的既定计划，包括（如果有）投资金额以及他们希望推向市场的车型范围。</blockquote></p><p> This information was collated from company sites, previous reports, and BloombergNEF projections, and will be updated regularly.</p><p><blockquote>这些信息是根据公司网站、之前的报告和彭博新能源财经的预测整理而成，并将定期更新。</blockquote></p><p> <b>Audi</b></p><p><blockquote><b>奥迪</b></blockquote></p><p> Audi, a brand known for its luxury cars and owned by Germany's Volkswagen AG , has promised to have battery-electric vehicles comprise 35% of its sales by 2025. By that time, Audi buyers will choose from about 20 EV models.</p><p><blockquote>德国大众汽车公司旗下以豪华汽车闻名的奥迪品牌承诺，到2025年，纯电动汽车将占其销量的35%。届时，奥迪买家将有约20款电动车型可供选择。</blockquote></p><p> <b>BMW</b></p><p><blockquote><b>宝马</b></blockquote></p><p> BMW AG , a luxury-car maker from Germany, was among the first EV innovators. It launched its i3 compact EV eight years ago, then as $one of the few serious competitors to Tesla Inc.'s vehicles.</p><p><blockquote>德国豪华汽车制造商宝马公司是最早的电动汽车创新者之一。八年前，该公司推出了i3紧凑型电动汽车，当时是特斯拉汽车为数不多的有力竞争对手之一。</blockquote></p><p> BMW's EV pipeline has slowed, but the auto maker has promised that 25% of its European sales will be all-electric and hybrid vehicles this year, and that all sales of its Mini brand will be battery electric by 2030. It expects to launch more than 10 battery EVs models in the next couple of years.</p><p><blockquote>宝马的电动汽车产品线已经放缓，但该汽车制造商承诺，今年其欧洲销量的25%将是全电动和混合动力汽车，到2030年，其Mini品牌的所有销量都将是纯电动汽车。预计未来几年将推出10多种电池电动汽车车型。</blockquote></p><p> <b>Daimler/Mercedes-Benz</b></p><p><blockquote><b>戴姆勒/奔驰</b></blockquote></p><p> Mercedes-Benz, owned by Daimler AG , expects that between 15% and 25% of its sales will be comprised of EV sales by 2025; by 2030, that percentage is expected to grow to 50%. Mercedes-Benz is slated to end 2021 offering three new electric passenger car models and more to come in 2022.</p><p><blockquote>戴姆勒股份公司旗下的梅赛德斯-奔驰预计，到2025年，其销量的15%至25%将来自电动汽车销量；到2030年，这一比例预计将增长至50%。梅赛德斯-奔驰计划在2021年底推出三款新的电动乘用车车型，并在2022年推出更多车型。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/ec4b2abd59e5b19c9eec0034342af25e\" tg-width=\"700\" tg-height=\"413\" width=\"100%\" height=\"auto\"><span>SOURCE: MERCEDES</span></p><p><blockquote><p class=\"t-img-caption\"><span>资料来源：梅赛德斯</span></p></blockquote></p><p> <b>Ford</b></p><p><blockquote><b>福特</b></blockquote></p><p> Ford Motor Co. <a href=\"https://laohu8.com/S/F\">$(F)$</a> has said that 40% of its global sales by 2030 will be sales of EVs . Ford is aiming to have dozens of electrified models by 2022, the year that will also mark the debut of its much-awaited all-electric F-150 Lightning pickup truck.</p><p><blockquote>福特汽车公司。<a href=\"https://laohu8.com/S/F\">$(F)$</a>曾表示，到2030年，其全球销量的40%将是电动汽车。福特的目标是到2022年推出数十款电动车型，这一年也将标志着其备受期待的全电动F-150 Lightning皮卡的首次亮相。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/3a44fec36dac046911679a2ba769cb2b\" tg-width=\"700\" tg-height=\"450\" width=\"100%\" height=\"auto\"><span>The Ford F-150 Lightning o JEFF KOWALSKY/AGENCE FRANCE-PRESSE/GETTY IMAGES</span></p><p><blockquote><p class=\"t-img-caption\"><span>福特F-150 Lightning作者：杰夫·科瓦尔斯基/法新社/盖蒂图片社</span></p></blockquote></p><p> Ford has called the Lightning the \"pillar\" of its more than $22 billion bet on EVs, which includes EV models for other best-selling vehicles such as the Mustang and its Transit van.</p><p><blockquote>福特称Lightning是其超过220亿美元电动汽车押注的“支柱”，其中包括野马及其全顺货车等其他畅销汽车的电动汽车车型。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/87df52ddef1af1d1342d685897e83652\" tg-width=\"700\" tg-height=\"392\" width=\"100%\" height=\"auto\"><span>SOURCE: FORD</span></p><p><blockquote><p class=\"t-img-caption\"><span>资料来源：福特</span></p></blockquote></p><p> <b>GM</b></p><p><blockquote><b>GM</b></blockquote></p><p> General Motors Co. <a href=\"https://laohu8.com/S/GM\">$(GM)$</a> surprised Wall Street in January by saying it aims to phase out all of its internal combustion engine vehicles by 2035 and only sell zero-emission vehicles by then. The auto maker also promises to be carbon-neutral by 2040.</p><p><blockquote>通用汽车公司。<a href=\"https://laohu8.com/S/GM\">$(GM)$</a>一月份，该公司表示计划到2035年逐步淘汰所有内燃机汽车，届时只销售零排放汽车，令华尔街感到惊讶。该汽车制造商还承诺到2040年实现碳中和。</blockquote></p><p> GM has said that it will offer 30 all-electric models globally by mid-decade, and that 40% percent of the company's U.S. models will be battery electric vehicles by the end of 2025. Its Hummer electric is expected for next year, with production starting this fall.</p><p><blockquote>通用汽车表示，到本世纪中期，将在全球范围内提供30款全电动车型，到2025年底，该公司40%的美国车型将是纯电动汽车。其悍马电动车预计将于明年上市，并于今年秋季开始生产。</blockquote></p><p> <b>Honda</b></p><p><blockquote><b>本田</b></blockquote></p><p> The Japanese maker (7267.TO), which owns the namesake Honda brand and also the luxury-car brand Acura, is projected to derive 40% of its sales from EVs and fuel-cell electric cars by 2030. In April 2020, Honda and GM announced a partnership to develop Honda electric cars using GM's Ultium batteries.</p><p><blockquote>这家日本制造商(7267.TO)拥有同名本田品牌和豪华汽车品牌讴歌，预计到2030年其销售额的40%将来自电动汽车和燃料电池电动汽车。2020年4月，本田和通用汽车宣布合作开发使用通用汽车Ultium电池的本田电动汽车。</blockquote></p><p> <b>Hyundai</b></p><p><blockquote><b>现代</b></blockquote></p><p> The Korean car maker , which also owns Kia, is aiming to have 40% of its Kia and Hyundai brands sales to be of EVs and fuel-cell electric vehicles by 2025. Its Hyundai brand plans on more than 30 electric passenger vehicles by then.</p><p><blockquote>这家还拥有起亚的韩国汽车制造商的目标是到2025年，其起亚和现代品牌销量的40%来自电动汽车和燃料电池电动汽车。其现代品牌计划届时推出30多款电动乘用车。</blockquote></p><p> <b>Mazda</b></p><p><blockquote><b>马自达</b></blockquote></p><p> Mazda plans to offer 5% of its vehicles as battery electric by 2030, but EV sales targets as a percentage of total sales are unknown at the moment. Mazda does not offer EVs in the U.S., but sells a few EV and hybrid models elsewhere.</p><p><blockquote>马自达计划到2030年提供5%的汽车为纯电动汽车，但电动汽车销量占总销量的百分比目标目前尚不清楚。马自达不在美国提供电动汽车，但在其他地方销售一些电动汽车和混合动力车型。</blockquote></p><p> <b>Nissan</b></p><p><blockquote><b>日产</b></blockquote></p><p> Nissan Motor Co. Ltd. was among the first auto makers to offer an all-electric vehicle, and its the Nissan Leaf for years was one of the few options available for those without the deep pockets needed for a Tesla Inc. <a href=\"https://laohu8.com/S/TSLA\">$(TSLA)$</a> Model S.</p><p><blockquote>日产汽车有限公司是最早提供全电动汽车的汽车制造商之一，多年来，对于那些没有足够财力购买特斯拉公司的人来说，日产聆风是为数不多的选择之一。<a href=\"https://laohu8.com/S/TSLA\">$(TSLA)$</a>S型。</blockquote></p><p></p><p> Nissan plans to offer 20 EV models in China by next year, and for the U.S. the company recently said it plans that more than 40% of its U.S. vehicle sales by 2030 will be fully electric.</p><p><blockquote>日产计划明年在中国推出20款电动汽车车型，而在美国，该公司最近表示，计划到2030年，其美国汽车销量的40%以上将是全电动汽车。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/5cbdfabce43725b3d966cf5db5b820f6\" tg-width=\"700\" tg-height=\"466\" width=\"100%\" height=\"auto\"><span>The Nissan Leaf NISSAN</span></p><p><blockquote><p class=\"t-img-caption\"><span>日产聆风日产</span></p></blockquote></p><p> <b>Porsche</b></p><p><blockquote><b>保时捷</b></blockquote></p><p> The car maker and almost synonym of sports cars is aiming to have half of its sales be of EV vehicles by 2025.</p><p><blockquote>这家汽车制造商几乎是跑车的代名词，其目标是到2025年让电动汽车占其销量的一半。</blockquote></p><p> <b>Stellantis</b></p><p><blockquote><b>Stellantis</b></blockquote></p><p> <a href=\"https://laohu8.com/S/STLA\">Stellantis NV</a> (STLA.MI), the global auto maker formed earlier this year through the merger of Fiat Chrysler Automobiles NV and France's PSA Group, said in July it was investing $35 billion in EVs and adjacent technologies through 2025.</p><p><blockquote><a href=\"https://laohu8.com/S/STLA\">斯特兰蒂斯公司</a>(STLA.MI)是今年早些时候由菲亚特克莱斯勒汽车公司(Fiat Chrysler Automobiles NV)和法国PSA集团合并而成的全球汽车制造商，该公司7月份表示，到2025年，将在电动汽车和相关技术上投资350亿美元。</blockquote></p><p> By that year, Stellantis is expected to derive 31% of its U.S. sales and 38% of its European sales from EVs, percentages that are seen growing to 35% of U.S. sales and 70% of European sales by 2030.</p><p><blockquote>到那一年，Stellantis预计其美国销售额的31%和欧洲销售额的38%将来自电动汽车，预计到2030年，这一比例将增长到美国销售额的35%和欧洲销售额的70%。</blockquote></p><p> <b>Subaru</b></p><p><blockquote><b>斯巴鲁</b></blockquote></p><p> The Japanese maker is expected to derive 40% of its sales from EVs and hybrid electric vehicles by 2030.</p><p><blockquote>预计到2030年，这家日本制造商40%的销售额将来自电动汽车和混合动力电动汽车。</blockquote></p><p> <b>Toyota</b></p><p><blockquote><b>丰田</b></blockquote></p><p> Some 70% of sales for the world's No. 1 car maker (7203.TO) are expected to come from EVs and fuel-cell electric vehicles by 2030. Toyota plans to offer 15 battery EV models by 2025. The car maker, of course, broke ground with its hybrid Toyota Prius two decades ago.</p><p><blockquote>预计到2030年，这家全球第一汽车制造商(7203.TO)约70%的销售额将来自电动汽车和燃料电池电动汽车。丰田计划到2025年提供15款纯电动汽车车型。当然，这家汽车制造商在二十年前就推出了混合动力丰田普锐斯。</blockquote></p><p> <b>Volkswagen</b></p><p><blockquote><b>大众汽车</b></blockquote></p><p> The car maker is expected to derive 70% of its European sales from EVs and 50% of its U.S. sales from EVs by 2030. Volkswagen has pledged to spend about $40 billion through 2025 on EVs.</p><p><blockquote>预计到2030年，该汽车制造商70%的欧洲销量来自电动汽车，50%的美国销量来自电动汽车。大众汽车承诺到2025年在电动汽车上花费约400亿美元。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.marketwatch.com/story/chasing-tesla-here-are-the-current-electric-vehicle-plans-of-every-major-car-maker-11628876816?mod=home-page\">MarketWatch</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":{"HYEVF":"Hyundai Elevator Co Ltd.","DDAIF":"戴姆勒汽车","TM":"丰田汽车","F":"福特汽车","VLKAF":"Volkswagen AG","TSLA":"特斯拉","HMC":"本田汽车","GM":"通用汽车","STLA":"Stellantis NV","FUJHF":"Subaru Corporation ","NSANY":"日产汽车"},"source_url":"https://www.marketwatch.com/story/chasing-tesla-here-are-the-current-electric-vehicle-plans-of-every-major-car-maker-11628876816?mod=home-page","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2159521376","content_text":"At President Joe Biden's urging, the auto industry pledged to boost production of electric vehicles to the point that they account for about half of total U.S. sales by 2030, a plan that raises hopes that EVs can shift from niche to normal.\nEVs accounted for 2.4% of U.S. cars sold in 2020, up from 0.7% five years ago, according to BloombergNEF. The research provider expects that share to increase to 11% in 2025; by 2030, it expects that slightly over a third of vehicles sold in the U.S. will be electric.\nSeveral auto makers had already announced bigger EV ambitions even before the White House call.\nHere are each major car maker's stated plans for EVs, including, when available, investment amounts and the range of models they hope to bring to market.\nThis information was collated from company sites, previous reports, and BloombergNEF projections, and will be updated regularly.\nAudi\nAudi, a brand known for its luxury cars and owned by Germany's Volkswagen AG , has promised to have battery-electric vehicles comprise 35% of its sales by 2025. By that time, Audi buyers will choose from about 20 EV models.\nBMW\nBMW AG , a luxury-car maker from Germany, was among the first EV innovators. It launched its i3 compact EV eight years ago, then as $one of the few serious competitors to Tesla Inc.'s vehicles.\nBMW's EV pipeline has slowed, but the auto maker has promised that 25% of its European sales will be all-electric and hybrid vehicles this year, and that all sales of its Mini brand will be battery electric by 2030. It expects to launch more than 10 battery EVs models in the next couple of years.\nDaimler/Mercedes-Benz\nMercedes-Benz, owned by Daimler AG , expects that between 15% and 25% of its sales will be comprised of EV sales by 2025; by 2030, that percentage is expected to grow to 50%. Mercedes-Benz is slated to end 2021 offering three new electric passenger car models and more to come in 2022.\nSOURCE: MERCEDES\nFord\nFord Motor Co. $(F)$ has said that 40% of its global sales by 2030 will be sales of EVs . Ford is aiming to have dozens of electrified models by 2022, the year that will also mark the debut of its much-awaited all-electric F-150 Lightning pickup truck.\nThe Ford F-150 Lightning o JEFF KOWALSKY/AGENCE FRANCE-PRESSE/GETTY IMAGES\nFord has called the Lightning the \"pillar\" of its more than $22 billion bet on EVs, which includes EV models for other best-selling vehicles such as the Mustang and its Transit van.\nSOURCE: FORD\nGM\nGeneral Motors Co. $(GM)$ surprised Wall Street in January by saying it aims to phase out all of its internal combustion engine vehicles by 2035 and only sell zero-emission vehicles by then. The auto maker also promises to be carbon-neutral by 2040.\nGM has said that it will offer 30 all-electric models globally by mid-decade, and that 40% percent of the company's U.S. models will be battery electric vehicles by the end of 2025. Its Hummer electric is expected for next year, with production starting this fall.\nHonda\nThe Japanese maker (7267.TO), which owns the namesake Honda brand and also the luxury-car brand Acura, is projected to derive 40% of its sales from EVs and fuel-cell electric cars by 2030. In April 2020, Honda and GM announced a partnership to develop Honda electric cars using GM's Ultium batteries.\nHyundai\nThe Korean car maker , which also owns Kia, is aiming to have 40% of its Kia and Hyundai brands sales to be of EVs and fuel-cell electric vehicles by 2025. Its Hyundai brand plans on more than 30 electric passenger vehicles by then.\nMazda\nMazda plans to offer 5% of its vehicles as battery electric by 2030, but EV sales targets as a percentage of total sales are unknown at the moment. Mazda does not offer EVs in the U.S., but sells a few EV and hybrid models elsewhere.\nNissan\nNissan Motor Co. Ltd. was among the first auto makers to offer an all-electric vehicle, and its the Nissan Leaf for years was one of the few options available for those without the deep pockets needed for a Tesla Inc. $(TSLA)$ Model S.\nNissan plans to offer 20 EV models in China by next year, and for the U.S. the company recently said it plans that more than 40% of its U.S. vehicle sales by 2030 will be fully electric.\nThe Nissan Leaf NISSAN\nPorsche\nThe car maker and almost synonym of sports cars is aiming to have half of its sales be of EV vehicles by 2025.\nStellantis\nStellantis NV (STLA.MI), the global auto maker formed earlier this year through the merger of Fiat Chrysler Automobiles NV and France's PSA Group, said in July it was investing $35 billion in EVs and adjacent technologies through 2025.\nBy that year, Stellantis is expected to derive 31% of its U.S. sales and 38% of its European sales from EVs, percentages that are seen growing to 35% of U.S. sales and 70% of European sales by 2030.\nSubaru\nThe Japanese maker is expected to derive 40% of its sales from EVs and hybrid electric vehicles by 2030.\nToyota\nSome 70% of sales for the world's No. 1 car maker (7203.TO) are expected to come from EVs and fuel-cell electric vehicles by 2030. Toyota plans to offer 15 battery EV models by 2025. The car maker, of course, broke ground with its hybrid Toyota Prius two decades ago.\nVolkswagen\nThe car maker is expected to derive 70% of its European sales from EVs and 50% of its U.S. sales from EVs by 2030. Volkswagen has pledged to spend about $40 billion through 2025 on EVs.","news_type":1,"symbols_score_info":{"HYEVF":0.9,"VLKAF":0.9,"TM":0.9,"F":0.9,"DDAIF":0.9,"NSANY":0.9,"AUDVF":0.9,"FUJHF":0.9,"GM":0.9,"TSLA":0.9,"STLA":0.9,"HMC":0.9}},"isVote":1,"tweetType":1,"viewCount":365,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":806746028,"gmtCreate":1627696533964,"gmtModify":1633757050399,"author":{"id":"3586473514667147","authorId":"3586473514667147","name":"gky","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3586473514667147","idStr":"3586473514667147"},"themes":[],"htmlText":"Up up up&nbsp;","listText":"Up up up&nbsp;","text":"Up up up","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/806746028","repostId":"1137888611","repostType":4,"repost":{"id":"1137888611","kind":"news","pubTimestamp":1627688479,"share":"https://www.laohu8.com/m/news/1137888611?lang=zh_CN&edition=full","pubTime":"2021-07-31 07:41","market":"us","language":"en","title":"Nio, XPeng, Li Shares Rise, as China EV Stocks Rebound<blockquote>随着中国电动汽车股反弹，蔚来、小鹏汽车、理想汽车股价上涨</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1137888611","media":"The Street","summary":"NIO, Li Auto and Xpeng continued the recovery from their July 21-27 drop Friday, even as other U.S.-","content":"<p>  NIO, Li Auto and Xpeng continued the recovery from their July 21-27 drop Friday, even as other U.S.-listed China stocks fell.  Chinese electric vehicle stocks, including NIO&nbsp;(<b>NIO</b>) , Li Auto&nbsp;(<b>LI</b>) and Xpeng&nbsp;(<b>XPEV</b>) , continued the rebound from their July 21-27 drop Friday, even as other U.S.-listed China stocks fell.</p><p><blockquote>尽管其他在美上市的中概股下跌，但蔚来、理想汽车和小鹏汽车周五继续从7月21日至27日的下跌中复苏。中国电动汽车股，包括蔚来(<b>蔚来</b>)、理想汽车(<b>李</b>）和小鹏（<b>XPEV</b>）周五继续从7月21日至27日的下跌中反弹，尽管其他在美国上市的中国股票下跌。</blockquote></p><p> Nio gained 4% to $44.50, Li 11% to $33.97 and Xpeng 9% to $41.38. Meanwhile, Alibaba BABA slid 2% to $195.19 and Didi DIDI 3% to $9.57.</p><p><blockquote>蔚来上涨4%，至44.50美元，理想汽车上涨11%，至33.97美元，小鹏汽车上涨9%，至41.38美元。与此同时，阿里巴巴-SW下跌2%，至195.19美元，滴滴下跌3%，至9.57美元。</blockquote></p><p> Fear of stringent Chinese regulation is depressing non-EV stocks. But China hasn’t made much noise about cracking down on EV makers. It’s an industry the government would like to dominate.</p><p><blockquote>对中国严格监管的担忧正在打压非电动汽车股票。但中国并没有在打击电动汽车制造商方面发出太多声音。这是一个政府想要主导的行业。</blockquote></p><p> So it may have no desire to put the hammer down on EV companies, and that’s likely buttressing their shares Friday.</p><p><blockquote>因此，它可能不想打击电动汽车公司，这可能会在周五支撑它们的股价。</blockquote></p><p> When it comes to U.S. EV stocks, Tesla&nbsp;(<b>TSLA</b>) -Get Report&nbsp;is the big daddy, of course. Its shares are up 5% to $677.75 Friday, leaving them up 8% for the past five days.</p><p><blockquote>谈到美国电动汽车股票，特斯拉（<b>特斯拉</b>）-当然，Get Report是最重要的。周五，其股价上涨5%，至677.75美元，过去五天上涨8%。</blockquote></p><p> The companyposted stronger-than-expected earningsfor the second quarter Monday and said it's on track to build the first Model Y sedans from new facilities in Austin and Berlin before year-end.</p><p><blockquote>该公司周一公布了强于预期的第二季度收益，并表示有望在年底前在奥斯汀和柏林的新工厂生产首批Model Y轿车。</blockquote></p><p> Chief Executive Elon Musk, however, added in an investor call following the earnings report that the global shortage in semiconductor supplies remains \"quite serious\" and could impact production rates over the second half of the year.</p><p><blockquote>然而，首席执行官Elon Musk在财报发布后的投资者看涨期权中补充称，全球半导体供应短缺仍然“相当严重”，可能会影响下半年的生产率。</blockquote></p><p> Volume growth will depend on the availability of other parts in the global supply chain, he said.</p><p><blockquote>他表示，销量增长将取决于全球供应链中其他零部件的供应情况。</blockquote></p><p> Musk also said he would no longer participate in regular earnings calls, unless he had \"something really important to say\".</p><p><blockquote>马斯克还表示，他将不再参加定期收益评级，除非他有“真正重要的事情要说”。</blockquote></p><p> Tesla said adjusted profit for the latest quarter was $1.45 per share, creaming analysts’ consensus forecast of 98 cents.</p><p><blockquote>特斯拉表示，最新季度调整后利润为每股1.45美元，高于分析师普遍预期的98美分。</blockquote></p><p></p>","source":"lsy1610613172068","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>Nio, XPeng, Li Shares Rise, as China EV Stocks Rebound<blockquote>随着中国电动汽车股反弹，蔚来、小鹏汽车、理想汽车股价上涨</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\">\nNio, XPeng, Li Shares Rise, as China EV Stocks Rebound<blockquote>随着中国电动汽车股反弹，蔚来、小鹏汽车、理想汽车股价上涨</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">The Street</strong><span class=\"h-time small\">2021-07-31 07:41</span>\n</p>\n</h4>\n</header>\n<article>\n<p>  NIO, Li Auto and Xpeng continued the recovery from their July 21-27 drop Friday, even as other U.S.-listed China stocks fell.  Chinese electric vehicle stocks, including NIO&nbsp;(<b>NIO</b>) , Li Auto&nbsp;(<b>LI</b>) and Xpeng&nbsp;(<b>XPEV</b>) , continued the rebound from their July 21-27 drop Friday, even as other U.S.-listed China stocks fell.</p><p><blockquote>尽管其他在美上市的中概股下跌，但蔚来、理想汽车和小鹏汽车周五继续从7月21日至27日的下跌中复苏。中国电动汽车股，包括蔚来(<b>蔚来</b>)、理想汽车(<b>李</b>）和小鹏（<b>XPEV</b>）周五继续从7月21日至27日的下跌中反弹，尽管其他在美国上市的中国股票下跌。</blockquote></p><p> Nio gained 4% to $44.50, Li 11% to $33.97 and Xpeng 9% to $41.38. Meanwhile, Alibaba BABA slid 2% to $195.19 and Didi DIDI 3% to $9.57.</p><p><blockquote>蔚来上涨4%，至44.50美元，理想汽车上涨11%，至33.97美元，小鹏汽车上涨9%，至41.38美元。与此同时，阿里巴巴-SW下跌2%，至195.19美元，滴滴下跌3%，至9.57美元。</blockquote></p><p> Fear of stringent Chinese regulation is depressing non-EV stocks. But China hasn’t made much noise about cracking down on EV makers. It’s an industry the government would like to dominate.</p><p><blockquote>对中国严格监管的担忧正在打压非电动汽车股票。但中国并没有在打击电动汽车制造商方面发出太多声音。这是一个政府想要主导的行业。</blockquote></p><p> So it may have no desire to put the hammer down on EV companies, and that’s likely buttressing their shares Friday.</p><p><blockquote>因此，它可能不想打击电动汽车公司，这可能会在周五支撑它们的股价。</blockquote></p><p> When it comes to U.S. EV stocks, Tesla&nbsp;(<b>TSLA</b>) -Get Report&nbsp;is the big daddy, of course. Its shares are up 5% to $677.75 Friday, leaving them up 8% for the past five days.</p><p><blockquote>谈到美国电动汽车股票，特斯拉（<b>特斯拉</b>）-当然，Get Report是最重要的。周五，其股价上涨5%，至677.75美元，过去五天上涨8%。</blockquote></p><p> The companyposted stronger-than-expected earningsfor the second quarter Monday and said it's on track to build the first Model Y sedans from new facilities in Austin and Berlin before year-end.</p><p><blockquote>该公司周一公布了强于预期的第二季度收益，并表示有望在年底前在奥斯汀和柏林的新工厂生产首批Model Y轿车。</blockquote></p><p> Chief Executive Elon Musk, however, added in an investor call following the earnings report that the global shortage in semiconductor supplies remains \"quite serious\" and could impact production rates over the second half of the year.</p><p><blockquote>然而，首席执行官Elon Musk在财报发布后的投资者看涨期权中补充称，全球半导体供应短缺仍然“相当严重”，可能会影响下半年的生产率。</blockquote></p><p> Volume growth will depend on the availability of other parts in the global supply chain, he said.</p><p><blockquote>他表示，销量增长将取决于全球供应链中其他零部件的供应情况。</blockquote></p><p> Musk also said he would no longer participate in regular earnings calls, unless he had \"something really important to say\".</p><p><blockquote>马斯克还表示，他将不再参加定期收益评级，除非他有“真正重要的事情要说”。</blockquote></p><p> Tesla said adjusted profit for the latest quarter was $1.45 per share, creaming analysts’ consensus forecast of 98 cents.</p><p><blockquote>特斯拉表示，最新季度调整后利润为每股1.45美元，高于分析师普遍预期的98美分。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.thestreet.com/investing/china-ev-stocks-rebound-nio-xpeng-li\">The Street</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":{"XPEV":"小鹏汽车","LI":"理想汽车","NIO":"蔚来"},"source_url":"https://www.thestreet.com/investing/china-ev-stocks-rebound-nio-xpeng-li","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1137888611","content_text":"NIO, Li Auto and Xpeng continued the recovery from their July 21-27 drop Friday, even as other U.S.-listed China stocks fell.\n\nChinese electric vehicle stocks, including NIO (NIO) , Li Auto (LI) and Xpeng (XPEV) , continued the rebound from their July 21-27 drop Friday, even as other U.S.-listed China stocks fell.\nNio gained 4% to $44.50, Li 11% to $33.97 and Xpeng 9% to $41.38. Meanwhile, Alibaba BABA slid 2% to $195.19 and Didi DIDI 3% to $9.57.\nFear of stringent Chinese regulation is depressing non-EV stocks. But China hasn’t made much noise about cracking down on EV makers. It’s an industry the government would like to dominate.\nSo it may have no desire to put the hammer down on EV companies, and that’s likely buttressing their shares Friday.\nWhen it comes to U.S. EV stocks, Tesla (TSLA) -Get Report is the big daddy, of course. Its shares are up 5% to $677.75 Friday, leaving them up 8% for the past five days.\nThe companyposted stronger-than-expected earningsfor the second quarter Monday and said it's on track to build the first Model Y sedans from new facilities in Austin and Berlin before year-end.\nChief Executive Elon Musk, however, added in an investor call following the earnings report that the global shortage in semiconductor supplies remains \"quite serious\" and could impact production rates over the second half of the year.\nVolume growth will depend on the availability of other parts in the global supply chain, he said.\nMusk also said he would no longer participate in regular earnings calls, unless he had \"something really important to say\".\nTesla said adjusted profit for the latest quarter was $1.45 per share, creaming analysts’ consensus forecast of 98 cents.","news_type":1,"symbols_score_info":{"XPEV":0.9,"NIO":0.9,"LI":0.9}},"isVote":1,"tweetType":1,"viewCount":336,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":877029917,"gmtCreate":1637845635839,"gmtModify":1637845635959,"author":{"id":"3586473514667147","authorId":"3586473514667147","name":"gky","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3586473514667147","idStr":"3586473514667147"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/877029917","repostId":"1184244487","repostType":4,"isVote":1,"tweetType":1,"viewCount":549,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":840590489,"gmtCreate":1635655473394,"gmtModify":1635655473394,"author":{"id":"3586473514667147","authorId":"3586473514667147","name":"gky","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3586473514667147","idStr":"3586473514667147"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/840590489","repostId":"2179223073","repostType":4,"isVote":1,"tweetType":1,"viewCount":559,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":827071559,"gmtCreate":1634380131952,"gmtModify":1634380132124,"author":{"id":"3586473514667147","authorId":"3586473514667147","name":"gky","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3586473514667147","idStr":"3586473514667147"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/827071559","repostId":"2175146556","repostType":4,"isVote":1,"tweetType":1,"viewCount":479,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":819204819,"gmtCreate":1630070956731,"gmtModify":1704955491263,"author":{"id":"3586473514667147","authorId":"3586473514667147","name":"gky","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3586473514667147","idStr":"3586473514667147"},"themes":[],"htmlText":"Please","listText":"Please","text":"Please","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/819204819","repostId":"1108652179","repostType":4,"repost":{"id":"1108652179","kind":"news","pubTimestamp":1630069658,"share":"https://www.laohu8.com/m/news/1108652179?lang=zh_CN&edition=full","pubTime":"2021-08-27 21:07","market":"us","language":"en","title":"3 Growth Stocks Near Record Highs That Are Still Worth Buying<blockquote>3只接近历史新高仍值得买入的成长股</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1108652179","media":"The Motley Fool","summary":"Key Points\n\nOne of these stocks is a pioneer in robotic surgery, a field that's only in its early in","content":"<p><b>Key Points</b></p><p><blockquote><b>要点</b></blockquote></p><p> <ul>  <li>One of these stocks is a pioneer in robotic surgery, a field that's only in its early innings.</li>  <li>Another is a tech giant with strong momentum across multiple areas.</li>  <li>The third stock is a big biotech with soaring sales and a promising pipeline.</li> </ul> </p><p><blockquote><ul><li>其中一只股票是机器人手术领域的先驱，该领域才刚刚起步。</li><li>另一个是在多个领域势头强劲的科技巨头。</li><li>第三只股票是一家销售额飙升且产品线前景广阔的大型生物技术公司。</li></ul></blockquote></p><p> Many investors like to buy high-flying stocks on dips. It's psychologically rewarding in a way. You feel like you're getting a better deal on a stock that has performed really well.</p><p><blockquote>许多投资者喜欢逢低买入股价高的股票。在某种程度上，这在心理上是有益的。你觉得你在一只表现非常好的股票上得到了更好的交易。</blockquote></p><p> There are two main problems that can arise with this approach, though. First, you might have to wait a long time for those dips and miss out on some big gains. Second, sometimes the dips are the beginning of a much larger downtrend.</p><p><blockquote>然而，这种方法可能会出现两个主要问题。首先，您可能需要等待很长时间才能看到这些下跌，并错过一些巨大的收益。其次，有时下跌是更大下跌趋势的开始。</blockquote></p><p> Buying stocks that have recently set all-time highs can actually be a better strategy. It only works, however, when the stocks have room to run. The good news is that there are several great picks on the market right now that meet both criteria.&nbsp;Here are three growth stocks near record highs that are still worth buying.</p><p><blockquote>购买最近创下历史新高的股票实际上可能是一个更好的策略。然而，只有当股票有上涨空间时，它才会起作用。好消息是，目前市场上有几个符合这两个标准的绝佳选择。以下是三只接近历史高点的成长型股票，仍然值得购买。</blockquote></p><p> <b><a href=\"https://laohu8.com/S/ISRG\">Intuitive Surgical</a>'s</b>&nbsp;(NASDAQ:ISRG)&nbsp;shares have soared nearly 30% so far this year. The&nbsp;healthcare stock&nbsp;is only a little under its record level set last week.</p><p><blockquote><b><a href=\"https://laohu8.com/S/ISRG\">直观手术</a>的</b>（纳斯达克：ISRG）股价今年迄今已飙升近30%。该医疗保健股仅略低于上周创下的创纪录水平。</blockquote></p><p> It's quite possible that Intuitive Surgical could experience additional momentum in the near future. The company plans toconduct a 3-for-1 stock split&nbsp;in late September, assuming shareholders vote in favor of the move. However, there are much better reasons to consider investing in Intuitive over the long term.</p><p><blockquote>直觉外科很可能在不久的将来会经历额外的动力。假设股东投票赞成此举，该公司计划在9月底进行1比3的股票分割。然而，有更好的理由考虑长期投资Intuitive。</blockquote></p><p> Robotic surgery is still only in its early innings, even though Intuitive has been selling its da Vinci systems for more than two decades. The company could more than quadruple the number of procedures performed with its robotic surgical systems without adding any regulatory clearances or geographical markets.</p><p><blockquote>尽管Intuitive销售达芬奇系统已有二十多年，但机器人手术仍处于早期阶段。该公司可以将其机器人手术系统执行的手术数量增加四倍以上，而无需增加任何监管许可或地理市场。</blockquote></p><p> Further technological innovation should enable Intuitive Surgical to expand its opportunities. The company thinks that it could more than triple its current addressable market by introducing new products and winning additional regulatory clearances.</p><p><blockquote>进一步的技术创新将使Intuitive Surgical能够扩大其机会。该公司认为，通过推出新产品和赢得额外的监管许可，它可以将目前的目标市场扩大两倍以上。</blockquote></p><p> Like Intuitive Surgical,&nbsp;<b><a href=\"https://laohu8.com/S/MSFT\">Microsoft</a>'s</b>&nbsp;(NASDAQ:MSFT)&nbsp;stock is only around 1% below its all-time high. Shares of the technology giant have soared more than 35% year to date.</p><p><blockquote>像直觉外科，<b><a href=\"https://laohu8.com/S/MSFT\">微软</a>的</b>（纳斯达克：MSFT）股价仅比历史高点低1%左右。今年迄今为止，这家科技巨头的股价已飙升超过35%。</blockquote></p><p> There's a good reason why Microsoft is performing so well. Nearly everything that could go right for the company&nbsp;<i>is</i>&nbsp;going right. It reported 21% year-over-year revenue growth in its latest quarter with earnings per share jumping 49%. All three of the company's business units delivered solid growth, with two of them posting revenue increases of at least 25%.</p><p><blockquote>微软表现如此出色是有充分理由的。几乎所有对公司有利的事情<i>是</i>往右走。该公司报告最近一个季度的收入同比增长21%，每股收益增长49%。该公司的所有三个业务部门都实现了稳健增长，其中两个业务部门的收入增长了至少25%。</blockquote></p><p> Can Microsoft keep this momentum going? I think so. The company's Azure cloud business continues to have strong growth prospects. Enterprise system Dynamics 365 is rapidly picking up market share. The new Windows 11 operating system for PCs launches later this year.</p><p><blockquote>微软能保持这种势头吗？我想是的。该公司的Azure云业务继续具有强劲的增长前景。企业系统动态365正在迅速获得市场份额。面向个人电脑的新Windows 11操作系统将于今年晚些时候推出。</blockquote></p><p> Currently, around 5% of the world's gross domestic product (GDP) is related to technology. However, Microsoft CEO Satya Nadellasaid in the company's recent quarterly update&nbsp;that he expects the percentage to double on a \"more accelerated pace\" than some have projected. If he's right (and I suspect that he is), Microsoft will likely be a major beneficiary.</p><p><blockquote>目前，全球约5%的国内生产总值（GDP）与技术有关。然而，微软首席执行官萨蒂亚·纳德拉(Satya Nadella)在公司最近的季度更新中表示，他预计这一比例将以比一些人预测的“更快的速度”翻一番。如果他是对的（我怀疑他是对的），微软可能会成为主要受益者。</blockquote></p><p> <b><a href=\"https://laohu8.com/S/REGN\">Regeneron Pharmaceuticals</a> </b>(NASDAQ:REGN)&nbsp;ranks as the biggest winner of these three growth stocks in 2021. The biotech's shares are up nearly 40% year to date -- a record level.</p><p><blockquote><b><a href=\"https://laohu8.com/S/REGN\">再生元制药</a></b>（纳斯达克：REGN）位列这三只成长股2021年的最大赢家。该生物技术公司的股价今年迄今已上涨近40%，创历史新高。</blockquote></p><p> In the second quarter, Regeneron's revenue skyrocketed 163% year over year with adjusted earnings per share vaulting 260% higher. COVID-19 antibody cocktail REGEN-COV served as the big catalyst behind those impressive gains.</p><p><blockquote>第二季度，再生元的收入同比猛增163%，调整后每股收益飙升260%。新冠肺炎抗体鸡尾酒REGEN-COV是这些令人印象深刻的收益背后的巨大催化剂。</blockquote></p><p> It's a near certainty that REGEN-COV will continue to make a lot of money for Regeneron over the next several months with the delta variant wreaking havoc across the world. But how will the company fare when coronavirus concerns fade? My prediction is Regeneron can keep up its winning ways.</p><p><blockquote>几乎可以肯定的是，随着德尔塔变异毒株在世界各地造成严重破坏，REGEN-COV将在未来几个月继续为Regeneron赚很多钱。但当冠状病毒担忧消退时，该公司将如何发展？我的预测是再生元能够保持其获胜方式。</blockquote></p><p> The big biotech's lineup includes several other products with fast-rising sales, notably including autoimmune-disease drug Dupixent and cancer drug Libtayo. Regeneron also has a pipeline that's loaded with promising antibody therapies targeting a wide range of diseases.</p><p><blockquote>这家大型生物技术公司的产品阵容包括其他几种销售额快速增长的产品，特别是自身免疫性疾病药物Dupixent和癌症药物Libtayo。再生元还拥有一条充满针对多种疾病的有前途的抗体疗法的管道。</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>3 Growth Stocks Near Record Highs That Are Still Worth Buying<blockquote>3只接近历史新高仍值得买入的成长股</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n3 Growth Stocks Near Record Highs That Are Still Worth Buying<blockquote>3只接近历史新高仍值得买入的成长股</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">The Motley Fool</strong><span class=\"h-time small\">2021-08-27 21:07</span>\n</p>\n</h4>\n</header>\n<article>\n<p><b>Key Points</b></p><p><blockquote><b>要点</b></blockquote></p><p> <ul>  <li>One of these stocks is a pioneer in robotic surgery, a field that's only in its early innings.</li>  <li>Another is a tech giant with strong momentum across multiple areas.</li>  <li>The third stock is a big biotech with soaring sales and a promising pipeline.</li> </ul> </p><p><blockquote><ul><li>其中一只股票是机器人手术领域的先驱，该领域才刚刚起步。</li><li>另一个是在多个领域势头强劲的科技巨头。</li><li>第三只股票是一家销售额飙升且产品线前景广阔的大型生物技术公司。</li></ul></blockquote></p><p> Many investors like to buy high-flying stocks on dips. It's psychologically rewarding in a way. You feel like you're getting a better deal on a stock that has performed really well.</p><p><blockquote>许多投资者喜欢逢低买入股价高的股票。在某种程度上，这在心理上是有益的。你觉得你在一只表现非常好的股票上得到了更好的交易。</blockquote></p><p> There are two main problems that can arise with this approach, though. First, you might have to wait a long time for those dips and miss out on some big gains. Second, sometimes the dips are the beginning of a much larger downtrend.</p><p><blockquote>然而，这种方法可能会出现两个主要问题。首先，您可能需要等待很长时间才能看到这些下跌，并错过一些巨大的收益。其次，有时下跌是更大下跌趋势的开始。</blockquote></p><p> Buying stocks that have recently set all-time highs can actually be a better strategy. It only works, however, when the stocks have room to run. The good news is that there are several great picks on the market right now that meet both criteria.&nbsp;Here are three growth stocks near record highs that are still worth buying.</p><p><blockquote>购买最近创下历史新高的股票实际上可能是一个更好的策略。然而，只有当股票有上涨空间时，它才会起作用。好消息是，目前市场上有几个符合这两个标准的绝佳选择。以下是三只接近历史高点的成长型股票，仍然值得购买。</blockquote></p><p> <b><a href=\"https://laohu8.com/S/ISRG\">Intuitive Surgical</a>'s</b>&nbsp;(NASDAQ:ISRG)&nbsp;shares have soared nearly 30% so far this year. The&nbsp;healthcare stock&nbsp;is only a little under its record level set last week.</p><p><blockquote><b><a href=\"https://laohu8.com/S/ISRG\">直观手术</a>的</b>（纳斯达克：ISRG）股价今年迄今已飙升近30%。该医疗保健股仅略低于上周创下的创纪录水平。</blockquote></p><p> It's quite possible that Intuitive Surgical could experience additional momentum in the near future. The company plans toconduct a 3-for-1 stock split&nbsp;in late September, assuming shareholders vote in favor of the move. However, there are much better reasons to consider investing in Intuitive over the long term.</p><p><blockquote>直觉外科很可能在不久的将来会经历额外的动力。假设股东投票赞成此举，该公司计划在9月底进行1比3的股票分割。然而，有更好的理由考虑长期投资Intuitive。</blockquote></p><p> Robotic surgery is still only in its early innings, even though Intuitive has been selling its da Vinci systems for more than two decades. The company could more than quadruple the number of procedures performed with its robotic surgical systems without adding any regulatory clearances or geographical markets.</p><p><blockquote>尽管Intuitive销售达芬奇系统已有二十多年，但机器人手术仍处于早期阶段。该公司可以将其机器人手术系统执行的手术数量增加四倍以上，而无需增加任何监管许可或地理市场。</blockquote></p><p> Further technological innovation should enable Intuitive Surgical to expand its opportunities. The company thinks that it could more than triple its current addressable market by introducing new products and winning additional regulatory clearances.</p><p><blockquote>进一步的技术创新将使Intuitive Surgical能够扩大其机会。该公司认为，通过推出新产品和赢得额外的监管许可，它可以将目前的目标市场扩大两倍以上。</blockquote></p><p> Like Intuitive Surgical,&nbsp;<b><a href=\"https://laohu8.com/S/MSFT\">Microsoft</a>'s</b>&nbsp;(NASDAQ:MSFT)&nbsp;stock is only around 1% below its all-time high. Shares of the technology giant have soared more than 35% year to date.</p><p><blockquote>像直觉外科，<b><a href=\"https://laohu8.com/S/MSFT\">微软</a>的</b>（纳斯达克：MSFT）股价仅比历史高点低1%左右。今年迄今为止，这家科技巨头的股价已飙升超过35%。</blockquote></p><p> There's a good reason why Microsoft is performing so well. Nearly everything that could go right for the company&nbsp;<i>is</i>&nbsp;going right. It reported 21% year-over-year revenue growth in its latest quarter with earnings per share jumping 49%. All three of the company's business units delivered solid growth, with two of them posting revenue increases of at least 25%.</p><p><blockquote>微软表现如此出色是有充分理由的。几乎所有对公司有利的事情<i>是</i>往右走。该公司报告最近一个季度的收入同比增长21%，每股收益增长49%。该公司的所有三个业务部门都实现了稳健增长，其中两个业务部门的收入增长了至少25%。</blockquote></p><p> Can Microsoft keep this momentum going? I think so. The company's Azure cloud business continues to have strong growth prospects. Enterprise system Dynamics 365 is rapidly picking up market share. The new Windows 11 operating system for PCs launches later this year.</p><p><blockquote>微软能保持这种势头吗？我想是的。该公司的Azure云业务继续具有强劲的增长前景。企业系统动态365正在迅速获得市场份额。面向个人电脑的新Windows 11操作系统将于今年晚些时候推出。</blockquote></p><p> Currently, around 5% of the world's gross domestic product (GDP) is related to technology. However, Microsoft CEO Satya Nadellasaid in the company's recent quarterly update&nbsp;that he expects the percentage to double on a \"more accelerated pace\" than some have projected. If he's right (and I suspect that he is), Microsoft will likely be a major beneficiary.</p><p><blockquote>目前，全球约5%的国内生产总值（GDP）与技术有关。然而，微软首席执行官萨蒂亚·纳德拉(Satya Nadella)在公司最近的季度更新中表示，他预计这一比例将以比一些人预测的“更快的速度”翻一番。如果他是对的（我怀疑他是对的），微软可能会成为主要受益者。</blockquote></p><p> <b><a href=\"https://laohu8.com/S/REGN\">Regeneron Pharmaceuticals</a> </b>(NASDAQ:REGN)&nbsp;ranks as the biggest winner of these three growth stocks in 2021. The biotech's shares are up nearly 40% year to date -- a record level.</p><p><blockquote><b><a href=\"https://laohu8.com/S/REGN\">再生元制药</a></b>（纳斯达克：REGN）位列这三只成长股2021年的最大赢家。该生物技术公司的股价今年迄今已上涨近40%，创历史新高。</blockquote></p><p> In the second quarter, Regeneron's revenue skyrocketed 163% year over year with adjusted earnings per share vaulting 260% higher. COVID-19 antibody cocktail REGEN-COV served as the big catalyst behind those impressive gains.</p><p><blockquote>第二季度，再生元的收入同比猛增163%，调整后每股收益飙升260%。新冠肺炎抗体鸡尾酒REGEN-COV是这些令人印象深刻的收益背后的巨大催化剂。</blockquote></p><p> It's a near certainty that REGEN-COV will continue to make a lot of money for Regeneron over the next several months with the delta variant wreaking havoc across the world. But how will the company fare when coronavirus concerns fade? My prediction is Regeneron can keep up its winning ways.</p><p><blockquote>几乎可以肯定的是，随着德尔塔变异毒株在世界各地造成严重破坏，REGEN-COV将在未来几个月继续为Regeneron赚很多钱。但当冠状病毒担忧消退时，该公司将如何发展？我的预测是再生元能够保持其获胜方式。</blockquote></p><p> The big biotech's lineup includes several other products with fast-rising sales, notably including autoimmune-disease drug Dupixent and cancer drug Libtayo. Regeneron also has a pipeline that's loaded with promising antibody therapies targeting a wide range of diseases.</p><p><blockquote>这家大型生物技术公司的产品阵容包括其他几种销售额快速增长的产品，特别是自身免疫性疾病药物Dupixent和癌症药物Libtayo。再生元还拥有一条充满针对多种疾病的有前途的抗体疗法的管道。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.fool.com/investing/2021/08/27/3-growth-stocks-near-record-highs-that-are-still-w/\">The Motley Fool</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"MSFT":"微软","ISRG":"直觉外科公司","REGN":"再生元制药公司"},"source_url":"https://www.fool.com/investing/2021/08/27/3-growth-stocks-near-record-highs-that-are-still-w/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1108652179","content_text":"Key Points\n\nOne of these stocks is a pioneer in robotic surgery, a field that's only in its early innings.\nAnother is a tech giant with strong momentum across multiple areas.\nThe third stock is a big biotech with soaring sales and a promising pipeline.\n\n\nMany investors like to buy high-flying stocks on dips. It's psychologically rewarding in a way. You feel like you're getting a better deal on a stock that has performed really well.\nThere are two main problems that can arise with this approach, though. First, you might have to wait a long time for those dips and miss out on some big gains. Second, sometimes the dips are the beginning of a much larger downtrend.\nBuying stocks that have recently set all-time highs can actually be a better strategy. It only works, however, when the stocks have room to run. The good news is that there are several great picks on the market right now that meet both criteria. Here are three growth stocks near record highs that are still worth buying.\nIntuitive Surgical's (NASDAQ:ISRG) shares have soared nearly 30% so far this year. The healthcare stock is only a little under its record level set last week.\nIt's quite possible that Intuitive Surgical could experience additional momentum in the near future. The company plans toconduct a 3-for-1 stock split in late September, assuming shareholders vote in favor of the move. However, there are much better reasons to consider investing in Intuitive over the long term.\nRobotic surgery is still only in its early innings, even though Intuitive has been selling its da Vinci systems for more than two decades. The company could more than quadruple the number of procedures performed with its robotic surgical systems without adding any regulatory clearances or geographical markets.\nFurther technological innovation should enable Intuitive Surgical to expand its opportunities. The company thinks that it could more than triple its current addressable market by introducing new products and winning additional regulatory clearances.\nLike Intuitive Surgical, Microsoft's (NASDAQ:MSFT) stock is only around 1% below its all-time high. Shares of the technology giant have soared more than 35% year to date.\nThere's a good reason why Microsoft is performing so well. Nearly everything that could go right for the company is going right. It reported 21% year-over-year revenue growth in its latest quarter with earnings per share jumping 49%. All three of the company's business units delivered solid growth, with two of them posting revenue increases of at least 25%.\nCan Microsoft keep this momentum going? I think so. The company's Azure cloud business continues to have strong growth prospects. Enterprise system Dynamics 365 is rapidly picking up market share. The new Windows 11 operating system for PCs launches later this year.\nCurrently, around 5% of the world's gross domestic product (GDP) is related to technology. However, Microsoft CEO Satya Nadellasaid in the company's recent quarterly update that he expects the percentage to double on a \"more accelerated pace\" than some have projected. If he's right (and I suspect that he is), Microsoft will likely be a major beneficiary.\nRegeneron Pharmaceuticals (NASDAQ:REGN) ranks as the biggest winner of these three growth stocks in 2021. The biotech's shares are up nearly 40% year to date -- a record level.\nIn the second quarter, Regeneron's revenue skyrocketed 163% year over year with adjusted earnings per share vaulting 260% higher. COVID-19 antibody cocktail REGEN-COV served as the big catalyst behind those impressive gains.\nIt's a near certainty that REGEN-COV will continue to make a lot of money for Regeneron over the next several months with the delta variant wreaking havoc across the world. But how will the company fare when coronavirus concerns fade? My prediction is Regeneron can keep up its winning ways.\nThe big biotech's lineup includes several other products with fast-rising sales, notably including autoimmune-disease drug Dupixent and cancer drug Libtayo. Regeneron also has a pipeline that's loaded with promising antibody therapies targeting a wide range of diseases.","news_type":1,"symbols_score_info":{"MSFT":0.9,"REGN":0.9,"ISRG":0.9}},"isVote":1,"tweetType":1,"viewCount":647,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":608688159,"gmtCreate":1638712418142,"gmtModify":1638712418274,"author":{"id":"3586473514667147","authorId":"3586473514667147","name":"gky","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3586473514667147","idStr":"3586473514667147"},"themes":[],"htmlText":"Buy","listText":"Buy","text":"Buy","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/608688159","repostId":"1140678193","repostType":4,"isVote":1,"tweetType":1,"viewCount":755,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":887095686,"gmtCreate":1631940433645,"gmtModify":1632805173444,"author":{"id":"3586473514667147","authorId":"3586473514667147","name":"gky","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3586473514667147","idStr":"3586473514667147"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/887095686","repostId":"1128389145","repostType":4,"isVote":1,"tweetType":1,"viewCount":351,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":884191962,"gmtCreate":1631864526756,"gmtModify":1631891430440,"author":{"id":"3586473514667147","authorId":"3586473514667147","name":"gky","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3586473514667147","idStr":"3586473514667147"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/884191962","repostId":"1176866095","repostType":4,"isVote":1,"tweetType":1,"viewCount":357,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":881612133,"gmtCreate":1631330286422,"gmtModify":1631891430506,"author":{"id":"3586473514667147","authorId":"3586473514667147","name":"gky","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3586473514667147","idStr":"3586473514667147"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/881612133","repostId":"2166371940","repostType":4,"isVote":1,"tweetType":1,"viewCount":344,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":893386503,"gmtCreate":1628238229002,"gmtModify":1633752337070,"author":{"id":"3586473514667147","authorId":"3586473514667147","name":"gky","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3586473514667147","idStr":"3586473514667147"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/893386503","repostId":"2157432677","repostType":4,"isVote":1,"tweetType":1,"viewCount":437,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}