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CKWong0572

CKWong0572

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2021-12-13

Trash!!!

Where Will Rivian Be in 5 Years?<blockquote>5年后Rivian会在哪里？</blockquote>

2021-12-13

Go go SG !!!!

Singapore Stock Market Poised To Bounce Higher On Monday<blockquote>新加坡股市周一有望反弹走高</blockquote>

2021-11-25

We need options in SG...

Singapore Bourse Set To Stop The Bleeding On Thursday<blockquote>新加坡证券交易所将于周四止血</blockquote>

2021-11-18

Boring SG stocks

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2021-10-22

$SHENG SIONG GROUP LTD(OV8.SI)$The price is getting cheaper!!! [财迷] Gr8 for dividend yield

2021-10-20

Buy buy buy

抱歉，原内容已删除

2021-09-24

Very soon apple will be useless

抱歉，原内容已删除

2021-09-20

Expensive.... too OV

Apple shares rose 0.4% in premarket trading<blockquote>苹果股价在盘前交易中上涨 0.4%</blockquote>

2021-09-10

Understand the business and buy again.... not all tuition centers is for kids, some are for adults wic the business mode is not affected.... think guys think 🤔 🤑

Chinese education stocks slump again<blockquote>中国教育股再次暴跌</blockquote>

2021-09-08

😆

Cryptos Just Puked...<blockquote>密码刚刚吐了……</blockquote>

2021-09-05

Well ....

抱歉，原内容已删除

2021-08-30

Gr8

Globalstar shares rose more than 20% in premarket trading<blockquote>Globalstar 股价在盘前交易中上涨超过 20%</blockquote>

2021-08-24

Wow marvellous 👏🏼

China's Pinduoduo misses quarterly revenue expectations<blockquote>中国拼多多未达季度收入预期</blockquote>

2021-08-20

One could say tat it's scary whn Chinese stocks crash, I've could have said US stocks are overpriced... so buy whn it's on great Chinese sale... don't regret it whn the sales is over...

Some China concepts stocks tumbled in morning trading<blockquote>一些中国概念股在早盘交易中暴跌</blockquote>

2021-08-13

Haiz ....

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2021-08-12

I prefer BYD

Li Auto shares fall 2.1% in Hong Kong debut<blockquote>理想汽车股价在香港首次亮相时下跌 2.1%</blockquote>

2021-08-11

US stock will crash soon

What stocks and sectors will benefit from the infrastructure bill?<blockquote>哪些股票和行业将从基础设施法案中受益？</blockquote>

2021-08-11

To the moon ....

Tesla shares fell 1% in premarket trading,as the company delivering 8,621 Chinese-made vehicles in China in July, down 69% from the previous month.<blockquote>特斯拉股价在盘前交易中下跌 1%，该公司 7 月份在中国交付了 8,621 辆中国制造的汽车，环比下降 69%。</blockquote>

2021-08-06

The Americans will miss the best opportunity of the century

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2021-08-04

Support SGX

抱歉，原内容已删除

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08:27","market":"us","language":"en","title":"Where Will Rivian Be in 5 Years?<blockquote>5年后Rivian会在哪里？</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1103000405","media":"Motley Fool","summary":"$Rivian Automotive, Inc.$ got loads of attention and interest after its recent IPO. And why not?The newly listed company has left the likes of Ford, General Motors, and Tesla behind in launching an all-electric pickup truck. It has also got more than 55,000 pre-orders for its pickup truck and SUV.Yet, Rivian is at a very early stage, having delivered just 156 vehicles through October. Let's look at where the company and its stock could be five years from now.Rivian plans to focus on the pickup t","content":"<p><a href=\"https://laohu8.com/S/RIVN\">Rivian Automotive, Inc.</a> got loads of attention and interest after its recent IPO. And why not? The newly listed company has left the likes of Ford, General Motors, and Tesla behind in launching an all-electric pickup truck. It has also got more than 55,000 pre-orders for its pickup truck and SUV.</p><p><blockquote><a href=\"https://laohu8.com/S/RIVN\">Rivian汽车公司。</a>在最近的首次公开募股后引起了很多关注和兴趣。为什么不呢？这家新上市公司在推出全电动皮卡方面将福特、通用汽车和特斯拉等公司甩在了后面。它的皮卡和SUV也获得了超过55,000份预订。</blockquote></p><p> Yet, Rivian is at a very early stage, having delivered just 156 vehicles through October. Let's look at where the company and its stock could be five years from now.</p><p><blockquote>然而，Rivian正处于非常早期的阶段，截至 10 月份仅交付了 156 辆汽车。让我们看看五年后该公司及其股票的走势。</blockquote></p><p> <b>Rivian's growth plans</b></p><p><blockquote><b>Rivian 的增长计划</b></blockquote></p><p> Rivian plans to focus on the pickup truck, SUV, and commercial van market segments in the near term. Its focus geographies initially include the U.S., Canada, and Western Europe. In the long term, the company hopes to grow by entering new key markets as well as developing adjacent products. Rivian has started commercial production of its pickup truck R1T and plans to start production of its SUV -- R1S -- and electric delivery van in December.</p><p><blockquote>Rivian计划在短期内专注于皮卡、SUV和商用货车细分市场。其重点地区最初包括美国、加拿大和西欧。从长远来看，该公司希望通过进入新的关键市场以及开发相关产品来实现增长。Rivian已开始商业生产皮卡 R1T，并计划于 12 月开始生产 SUV R1S 和电动送货车。</blockquote></p><p> Rivian's production facility in Normal, Illinois, has an estimated annual production capacity of 150,000 units. In addition to 55,000 pre-orders for R1T and R1S, Rivian has an agreement with Amazon for 100,000 delivery vans through 2030. However, Rivian expects to deliver all of the vans by as early as 2025.</p><p><blockquote>Rivian 位于伊利诺伊州诺莫尔的生产工厂预计年产能为 150,000 辆。除了 R1T 和 R1S 的 55,000 份预购外，Rivian还与亚马逊达成协议，到 2030 年将交付 100,000 辆送货车。然而，Rivian预计最早将于 2025 年交付所有货车。</blockquote></p><p> It expects to deliver its pre-order backlog of 55,000 R1Ts and R1Ss by the end of 2023. Further, Rivian expects to reach an annual production rate of 150,000 vehicles (including commercial vehicles) by late 2023.</p><p><blockquote>预计到 2023 年底，预计将交付 55,000 辆 R1T 和 R1Ss 的积压订单。此外，Rivian预计到2023年底，年产量将达到15万辆（包括商用车）。</blockquote></p><p> If things go as per Rivian's plan, the company would have delivered 55,000 pickup trucks and SUVs, in addition to, say, half of its 100,000 commercial delivery vans by the end of 2023. In five years, it could be producing 150,000 vehicles annually and might already be setting up a new production facility.</p><p><blockquote>如果一切按照 Rivian 的计划进行，到 2023 年底，该公司将交付 55,000 辆皮卡车和 SUV，此外还将交付 100,000 辆商用送货车中的一半。五年后，该公司每年可能生产 15 万辆汽车，并且可能已经建立了一个新的生产设施。</blockquote></p><p> <b>What could support Rivian's growth</b></p><p><blockquote><b>什么可以支持 Rivian 的增长</b></blockquote></p><p> In addition to broader governmental and regulatory support for EVs, Rivian has some distinct advantages. First, it is targeting the pickup trucks and SUVs segment, which are among the highest-volume and most profitable auto segments. Similarly, e-commerce growth is pushing the demand for delivery vehicles -- another of Rivian's key segments. Logistics and e-commerce companies are transforming their fleets to electric vehicles, anticipating increased regulatory requirements for the same.</p><p><blockquote>除了政府和监管机构对电动汽车的更广泛支持外，Rivian还有一些明显的优势。首先，它的目标是皮卡和SUV细分市场，这是销量最高、利润最高的汽车细分市场之一。同样，电子商务的增长正在推动对送货车辆的需求，送货车辆是 Rivian 的另一个关键领域。物流和电子商务公司正在将其车队转变为电动汽车，预计对电动汽车的监管要求将会增加。</blockquote></p><p> Further, Rivian's own charging network may help its growth. Rivian hopes to appeal to its potential customers and build confidence in the brand through its own network of chargers. In sync with the company's offerings, it plans to place chargers at adventurous destinations, in addition to interstates. By the end of 2023, the company plans to install more than 3,500 fast chargers at over 600 sites. Additionally, the company intends to install more than 10,000 level 2 chargers through 2023.</p><p><blockquote>此外，Rivian 自己的充电网络可能有助于其增长。Rivian希望通过自己的充电器网络吸引潜在客户并建立对品牌的信心。与该公司的产品同步，除了州际公路之外，它还计划在冒险目的地放置充电器。到 2023 年底，该公司计划在 600 多个站点安装 3,500 多个快速充电器。此外，该公司计划到 2023 年安装超过 10,000 个 2 级充电器。</blockquote></p><p> Rivian's direct-to-customer model, with no dealer network, along with its own charging and service network could help it deliver an end-to-end differentiated customer experience. Over time, the company hopes to monetize this through high-value services and subscription opportunities, including membership and software services, financing, insurance, charging, maintenance, repair, as well as Rivian's own resale program.</p><p><blockquote>Rivian 的直接面向客户的模式，没有经销商网络，以及自己的充电和服务网络，可以帮助其提供端到端差异化的客户体验。随着时间的推移，该公司希望通过高价值服务和订阅机会将其货币化，包括会员和软件服务、融资、保险、充电、维护、维修以及 Rivian 自己的转售计划。</blockquote></p><p> Finally, the recent interest in Rivian shows that it has already managed to become a known brand without actually spending much on branding.</p><p><blockquote>最后，最近对Rivian的兴趣表明，它已经成功地成为一个知名品牌，而实际上并没有在品牌上花费太多。</blockquote></p><p> <b>Is Rivian stock a buy?</b></p><p><blockquote><b>Rivian股票值得买入吗？</b></blockquote></p><p> All of these factors make Rivian look like an interesting company. However, it is worth noting that these factors could already be priced into the stock. With a market valuation of more than $100 billion, investors are pricing Rivian for perfection.</p><p><blockquote>所有这些因素都让Rivian看起来像一家有趣的公司。然而，值得注意的是，这些因素已经可以计入股票的价格。Rivian的市值超过 1000 亿美元，投资者对其定价非常完美。</blockquote></p><p> In addition to execution risks, challenges from competition also need to be considered. As an example, Ford already has nearly 200,000 reservations for its upcoming electric pickup truck, F-150 Lightning. Similarly, upcoming electric pickup trucks from Tesla, General Motors, and several others will further heat up competition for Rivian. Rivian still needs to prove that it can deliver vehicles profitably and scale up production as planned.</p><p><blockquote>除了执行风险，还需要考虑来自竞争的挑战。例如，福特即将推出的电动皮卡车 F-150 Lightning 已经获得了近 20 万份预订。同样，特斯拉、通用汽车和其他几家公司即将推出的电动皮卡将进一步加剧Rivian的竞争。Rivian仍需证明其能够盈利地交付车辆并按计划扩大生产规模。</blockquote></p><p> Overall, though Rivian looks promising, its stock price could already be reflecting that. Investors will get more updates on the company's progress when it releases its third-quarter results on Dec. 16.</p><p><blockquote>总体而言，尽管Rivian看起来很有前途，但其股价可能已经反映了这一点。当该公司于 12 月 16 日发布第三季度业绩时，投资者将获得有关该公司进展的更多最新信息。</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>Where Will Rivian Be in 5 Years?<blockquote>5年后Rivian会在哪里？</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\">\nWhere Will Rivian Be in 5 Years?<blockquote>5年后Rivian会在哪里？</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\">2021-12-13 08:27</span>\n</p>\n</h4>\n</header>\n<article>\n<p><a href=\"https://laohu8.com/S/RIVN\">Rivian Automotive, Inc.</a> got loads of attention and interest after its recent IPO. And why not? The newly listed company has left the likes of Ford, General Motors, and Tesla behind in launching an all-electric pickup truck. It has also got more than 55,000 pre-orders for its pickup truck and SUV.</p><p><blockquote><a href=\"https://laohu8.com/S/RIVN\">Rivian汽车公司。</a>在最近的首次公开募股后引起了很多关注和兴趣。为什么不呢？这家新上市公司在推出全电动皮卡方面将福特、通用汽车和特斯拉等公司甩在了后面。它的皮卡和SUV也获得了超过55,000份预订。</blockquote></p><p> Yet, Rivian is at a very early stage, having delivered just 156 vehicles through October. Let's look at where the company and its stock could be five years from now.</p><p><blockquote>然而，Rivian正处于非常早期的阶段，截至 10 月份仅交付了 156 辆汽车。让我们看看五年后该公司及其股票的走势。</blockquote></p><p> <b>Rivian's growth plans</b></p><p><blockquote><b>Rivian 的增长计划</b></blockquote></p><p> Rivian plans to focus on the pickup truck, SUV, and commercial van market segments in the near term. Its focus geographies initially include the U.S., Canada, and Western Europe. In the long term, the company hopes to grow by entering new key markets as well as developing adjacent products. Rivian has started commercial production of its pickup truck R1T and plans to start production of its SUV -- R1S -- and electric delivery van in December.</p><p><blockquote>Rivian计划在短期内专注于皮卡、SUV和商用货车细分市场。其重点地区最初包括美国、加拿大和西欧。从长远来看，该公司希望通过进入新的关键市场以及开发相关产品来实现增长。Rivian已开始商业生产皮卡 R1T，并计划于 12 月开始生产 SUV R1S 和电动送货车。</blockquote></p><p> Rivian's production facility in Normal, Illinois, has an estimated annual production capacity of 150,000 units. In addition to 55,000 pre-orders for R1T and R1S, Rivian has an agreement with Amazon for 100,000 delivery vans through 2030. However, Rivian expects to deliver all of the vans by as early as 2025.</p><p><blockquote>Rivian 位于伊利诺伊州诺莫尔的生产工厂预计年产能为 150,000 辆。除了 R1T 和 R1S 的 55,000 份预购外，Rivian还与亚马逊达成协议，到 2030 年将交付 100,000 辆送货车。然而，Rivian预计最早将于 2025 年交付所有货车。</blockquote></p><p> It expects to deliver its pre-order backlog of 55,000 R1Ts and R1Ss by the end of 2023. Further, Rivian expects to reach an annual production rate of 150,000 vehicles (including commercial vehicles) by late 2023.</p><p><blockquote>预计到 2023 年底，预计将交付 55,000 辆 R1T 和 R1Ss 的积压订单。此外，Rivian预计到2023年底，年产量将达到15万辆（包括商用车）。</blockquote></p><p> If things go as per Rivian's plan, the company would have delivered 55,000 pickup trucks and SUVs, in addition to, say, half of its 100,000 commercial delivery vans by the end of 2023. In five years, it could be producing 150,000 vehicles annually and might already be setting up a new production facility.</p><p><blockquote>如果一切按照 Rivian 的计划进行，到 2023 年底，该公司将交付 55,000 辆皮卡车和 SUV，此外还将交付 100,000 辆商用送货车中的一半。五年后，该公司每年可能生产 15 万辆汽车，并且可能已经建立了一个新的生产设施。</blockquote></p><p> <b>What could support Rivian's growth</b></p><p><blockquote><b>什么可以支持 Rivian 的增长</b></blockquote></p><p> In addition to broader governmental and regulatory support for EVs, Rivian has some distinct advantages. First, it is targeting the pickup trucks and SUVs segment, which are among the highest-volume and most profitable auto segments. Similarly, e-commerce growth is pushing the demand for delivery vehicles -- another of Rivian's key segments. Logistics and e-commerce companies are transforming their fleets to electric vehicles, anticipating increased regulatory requirements for the same.</p><p><blockquote>除了政府和监管机构对电动汽车的更广泛支持外，Rivian还有一些明显的优势。首先，它的目标是皮卡和SUV细分市场，这是销量最高、利润最高的汽车细分市场之一。同样，电子商务的增长正在推动对送货车辆的需求，送货车辆是 Rivian 的另一个关键领域。物流和电子商务公司正在将其车队转变为电动汽车，预计对电动汽车的监管要求将会增加。</blockquote></p><p> Further, Rivian's own charging network may help its growth. Rivian hopes to appeal to its potential customers and build confidence in the brand through its own network of chargers. In sync with the company's offerings, it plans to place chargers at adventurous destinations, in addition to interstates. By the end of 2023, the company plans to install more than 3,500 fast chargers at over 600 sites. Additionally, the company intends to install more than 10,000 level 2 chargers through 2023.</p><p><blockquote>此外，Rivian 自己的充电网络可能有助于其增长。Rivian希望通过自己的充电器网络吸引潜在客户并建立对品牌的信心。与该公司的产品同步，除了州际公路之外，它还计划在冒险目的地放置充电器。到 2023 年底，该公司计划在 600 多个站点安装 3,500 多个快速充电器。此外，该公司计划到 2023 年安装超过 10,000 个 2 级充电器。</blockquote></p><p> Rivian's direct-to-customer model, with no dealer network, along with its own charging and service network could help it deliver an end-to-end differentiated customer experience. Over time, the company hopes to monetize this through high-value services and subscription opportunities, including membership and software services, financing, insurance, charging, maintenance, repair, as well as Rivian's own resale program.</p><p><blockquote>Rivian 的直接面向客户的模式，没有经销商网络，以及自己的充电和服务网络，可以帮助其提供端到端差异化的客户体验。随着时间的推移，该公司希望通过高价值服务和订阅机会将其货币化，包括会员和软件服务、融资、保险、充电、维护、维修以及 Rivian 自己的转售计划。</blockquote></p><p> Finally, the recent interest in Rivian shows that it has already managed to become a known brand without actually spending much on branding.</p><p><blockquote>最后，最近对Rivian的兴趣表明，它已经成功地成为一个知名品牌，而实际上并没有在品牌上花费太多。</blockquote></p><p> <b>Is Rivian stock a buy?</b></p><p><blockquote><b>Rivian股票值得买入吗？</b></blockquote></p><p> All of these factors make Rivian look like an interesting company. However, it is worth noting that these factors could already be priced into the stock. With a market valuation of more than $100 billion, investors are pricing Rivian for perfection.</p><p><blockquote>所有这些因素都让Rivian看起来像一家有趣的公司。然而，值得注意的是，这些因素已经可以计入股票的价格。Rivian的市值超过 1000 亿美元，投资者对其定价非常完美。</blockquote></p><p> In addition to execution risks, challenges from competition also need to be considered. As an example, Ford already has nearly 200,000 reservations for its upcoming electric pickup truck, F-150 Lightning. Similarly, upcoming electric pickup trucks from Tesla, General Motors, and several others will further heat up competition for Rivian. Rivian still needs to prove that it can deliver vehicles profitably and scale up production as planned.</p><p><blockquote>除了执行风险，还需要考虑来自竞争的挑战。例如，福特即将推出的电动皮卡车 F-150 Lightning 已经获得了近 20 万份预订。同样，特斯拉、通用汽车和其他几家公司即将推出的电动皮卡将进一步加剧Rivian的竞争。Rivian仍需证明其能够盈利地交付车辆并按计划扩大生产规模。</blockquote></p><p> Overall, though Rivian looks promising, its stock price could already be reflecting that. Investors will get more updates on the company's progress when it releases its third-quarter results on Dec. 16.</p><p><blockquote>总体而言，尽管Rivian看起来很有前途，但其股价可能已经反映了这一点。当该公司于 12 月 16 日发布第三季度业绩时，投资者将获得有关该公司进展的更多最新信息。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.fool.com/investing/2021/12/12/where-will-rivian-be-in-5-years/\">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":{"RIVN":"Rivian Automotive, Inc."},"source_url":"https://www.fool.com/investing/2021/12/12/where-will-rivian-be-in-5-years/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1103000405","content_text":"Rivian Automotive, Inc. got loads of attention and interest after its recent IPO. And why not? The newly listed company has left the likes of Ford, General Motors, and Tesla behind in launching an all-electric pickup truck. It has also got more than 55,000 pre-orders for its pickup truck and SUV.\n\nYet, Rivian is at a very early stage, having delivered just 156 vehicles through October. Let's look at where the company and its stock could be five years from now.\n\nRivian's growth plans\nRivian plans to focus on the pickup truck, SUV, and commercial van market segments in the near term. Its focus geographies initially include the U.S., Canada, and Western Europe. In the long term, the company hopes to grow by entering new key markets as well as developing adjacent products. Rivian has started commercial production of its pickup truck R1T and plans to start production of its SUV -- R1S -- and electric delivery van in December.\n\n\nRivian's production facility in Normal, Illinois, has an estimated annual production capacity of 150,000 units. In addition to 55,000 pre-orders for R1T and R1S, Rivian has an agreement with Amazon for 100,000 delivery vans through 2030. However, Rivian expects to deliver all of the vans by as early as 2025.\n\nIt expects to deliver its pre-order backlog of 55,000 R1Ts and R1Ss by the end of 2023. Further, Rivian expects to reach an annual production rate of 150,000 vehicles (including commercial vehicles) by late 2023.\n\nIf things go as per Rivian's plan, the company would have delivered 55,000 pickup trucks and SUVs, in addition to, say, half of its 100,000 commercial delivery vans by the end of 2023. In five years, it could be producing 150,000 vehicles annually and might already be setting up a new production facility.\n\nWhat could support Rivian's growth\nIn addition to broader governmental and regulatory support for EVs, Rivian has some distinct advantages. First, it is targeting the pickup trucks and SUVs segment, which are among the highest-volume and most profitable auto segments. Similarly, e-commerce growth is pushing the demand for delivery vehicles -- another of Rivian's key segments. Logistics and e-commerce companies are transforming their fleets to electric vehicles, anticipating increased regulatory requirements for the same.\n\nFurther, Rivian's own charging network may help its growth. Rivian hopes to appeal to its potential customers and build confidence in the brand through its own network of chargers. In sync with the company's offerings, it plans to place chargers at adventurous destinations, in addition to interstates. By the end of 2023, the company plans to install more than 3,500 fast chargers at over 600 sites. Additionally, the company intends to install more than 10,000 level 2 chargers through 2023.\n\nRivian's direct-to-customer model, with no dealer network, along with its own charging and service network could help it deliver an end-to-end differentiated customer experience. Over time, the company hopes to monetize this through high-value services and subscription opportunities, including membership and software services, financing, insurance, charging, maintenance, repair, as well as Rivian's own resale program.\n\nFinally, the recent interest in Rivian shows that it has already managed to become a known brand without actually spending much on branding.\n\nIs Rivian stock a buy?\nAll of these factors make Rivian look like an interesting company. However, it is worth noting that these factors could already be priced into the stock. With a market valuation of more than $100 billion, investors are pricing Rivian for perfection.\n\nIn addition to execution risks, challenges from competition also need to be considered. As an example, Ford already has nearly 200,000 reservations for its upcoming electric pickup truck, F-150 Lightning. Similarly, upcoming electric pickup trucks from Tesla, General Motors, and several others will further heat up competition for Rivian. Rivian still needs to prove that it can deliver vehicles profitably and scale up production as planned.\n\nOverall, though Rivian looks promising, its stock price could already be reflecting that. Investors will get more updates on the company's progress when it releases its third-quarter results on Dec. 16.","news_type":1,"symbols_score_info":{"RIVN":0.9}},"isVote":1,"tweetType":1,"viewCount":3437,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":604132028,"gmtCreate":1639357980120,"gmtModify":1639357988528,"author":{"id":"4087190496287010","authorId":"4087190496287010","name":"CKWong0572","avatar":"https://static.tigerbbs.com/2bfa856597aa3d910baaaeddb16ce56d","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4087190496287010","authorIdStr":"4087190496287010"},"themes":[],"title":"","htmlText":"Go go SG !!!!","listText":"Go go SG !!!!","text":"Go go SG !!!!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/604132028","repostId":"1167745509","repostType":4,"repost":{"id":"1167745509","kind":"news","pubTimestamp":1639354221,"share":"https://www.laohunote.com/m/news/1167745509?lang=zh_CN&edition=full","pubTime":"2021-12-13 08:10","market":"sg","language":"en","title":"Singapore Stock Market Poised To Bounce Higher On Monday<blockquote>新加坡股市周一有望反弹走高</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1167745509","media":"RTTNews","summary":"The Singapore stock market has finished lower in two of three trading days since the end of the thre","content":"<p>The Singapore stock market has finished lower in two of three trading days since the end of the three-day winning streak in which it had collected almost 45 points or 1.4 percent. The Straits Times Index now sits just above the 3,135-point plateau although it's likely to see renewed support on Monday.</p><p><blockquote>新加坡股市自三天连涨结束以来，在三个交易日中有两个交易日收盘走低，在这三个交易日中，新加坡股市上涨了近45点，涨幅为1.4%。海峡时报指数目前略高于 3,135 点的平台位，但周一可能会获得新的支撑。</blockquote></p><p> The global forecast for the Asian&nbsp;markets&nbsp;is mixed to higher on easing virus concerns and support from crude oil. The European markets were down and the U.S. bourses were up and the Asian markets are tipped to follow the latter lead.</p><p><blockquote>由于病毒担忧缓解和原油支撑，亚洲市场的全球预测涨跌互现。欧洲市场下跌，美国股市上涨，亚洲市场预计将跟随后者走势。</blockquote></p><p> The STI finished slightly lower on Friday following mixed performances from the financial shares, property stocks and industrial issues.</p><p><blockquote>受金融股、地产股和工业股表现好坏参半的影响，STI 周五小幅收低。</blockquote></p><p> For the day, the index slipped 6.84 points or 0.22 percent to finish at 3,135.61 after trading between 3,129.25 and 3,141.85. Volume was 1.86 billion shares worth 863.8 million Singapore dollars. There were 258 decliners and 199 gainers,</p><p><blockquote>当天，该指数下跌 6.84 点或 0.22%，收于 3,135.61 点，交易价格在 3,129.25 至 3,141.85 之间。成交量为18.6亿股，价值8.638亿新加坡元。下跌的有258家，上涨的有199家，</blockquote></p><p> Among the actives, Ascendas REIT shed 0.34 percent, while CapitaLand Integrated Commercial Trust and Mapletree Commercial Trust both slumped 0.49 percent, City Developments skidded 0.57 percent, Comfort DelGro tanked 1.42 percent, Dairy Farm International retreated 0.66 percent, DBS Group dipped 0.16 percent, Genting Singapore climbed 0.64 percent, Hongkong Land tumbled 1.08 percent, Keppel Corp gained 0.38 percent, Mapletree Logistics Trust advanced 0.53 percent, Oversea-Chinese Banking Corporation collected 0.09 percent, SATS declined 0.76 percent, SembCorp Industries added 0.50 percent, Singapore Airlines plummeted 2.37 percent, Singapore Exchange eased 0.11 percent, Singapore Press Holdings sank 0.43 percent, Singapore Technologies Engineering fell 0.26 percent, SingTel dropped 0.41 percent, Thai Beverage plunged 1.48 percent, United Overseas Bank lost 0.33 percent, Wilmar International surrendered 0.95 percent and Yangzijiang Shipbuilding was unchanged.</p><p><blockquote>资产中，Ascendas REIT下跌0.34%，凯德综合商业信托和丰树商业信托均下跌0.49%，City Developments下跌0.57%，Comfort DelGro下跌1.42%，Dairy Farm International下跌0.66%，星展集团下跌0.16%，云顶新加坡上涨0.64%，香港置地下跌1.08%，吉宝集团上涨0.38%，丰树物流信托上涨0.53%，华侨银行上涨0.09%，SATS下跌0.76%，胜科工业上涨0.50%，新加坡航空下跌2.37%，新加坡交易所下跌0.11%，新加坡报业控股下跌0.43%，新加坡科技工程下跌0.26%，新加坡电信下跌0.41%，泰国饮料</blockquote></p><p> The lead from Wall Street is positive as the major averages opened higher on Friday, ebbed towards the break but rebounded to finish firmly higher.</p><p><blockquote>华尔街的领先优势是积极的，因为主要股指周五开盘走高，接近休息时有所回落，但反弹并收盘坚定走高。</blockquote></p><p> The Dow jumped 216.30 points or 0.60 percent to finish at 35.970.99, while the NASDAQ climbed 113.23 points or 0.73 percent to end at 15,630.60 and the S&amp;P 500 gained 44.57 points or 0.95 percent to close at 4,712.02. For the week, the Dow spiked 4 percent, the NASDAQ climbed 3.6 percent and the S&amp;P jumped 3.8 percent.</p><p><blockquote>道琼斯指数上涨216.30点，涨幅0.60%，收于35.970.99点；纳斯达克指数上涨113.23点，涨幅0.73%，收于15630.60点；标普500指数上涨44.57点，涨幅0.95%，收于4712.02点。本周，道琼斯指数飙升4%，纳斯达克指数攀升3.6%，标准普尔指数上涨3.8%。</blockquote></p><p> The strength on Wall Street came even after the Labor Department released a report showing U.S. consumer prices surged at the fastest annual rate of in nearly 40 years in November.</p><p><blockquote>即使在美国劳工部发布报告显示美国消费者价格在 11 月份以近 40 年来最快的年度速度飙升之后，华尔街仍然走强。</blockquote></p><p> While the elevated rate of inflation may lead the Federal Reserve to accelerate the pace of tapering its asset purchases next week, traders seemed relieved that the price growth was not even faster.</p><p><blockquote>尽管通胀率上升可能会导致美联储下周加快缩减资产购买的步伐，但交易员似乎松了一口气，因为价格增长并没有更快。</blockquote></p><p> A separate report from the University of Michigan showed consumer sentiment in the U.S. unexpectedly improved in early December.</p><p><blockquote>密歇根大学的另一份报告显示，美国消费者信心在 12 月初意外改善。</blockquote></p><p> Crude oil futures settled higher Friday on easing worries about the Omicron&nbsp;coronavirus&nbsp;variant's impact on global economic growth. West Texas Intermediate Crude oil futures for January ended higher by $0.73 or 1 percent at $71.67 a barrel. WTI crude futures gained 8.2 percent in the week, the best weekly returns since end August.</p><p><blockquote>由于对奥密克戎冠状病毒变种对全球经济增长影响的担忧缓解，原油期货周五收高。1月份西德克萨斯中质原油期货收盘上涨0.73美元，涨幅1%，至每桶71.67美元。WTI原油期货本周上涨8.2%，为8月底以来最佳周回报率。</blockquote></p><p></p>","source":"lsy1626938412129","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>Singapore Stock Market Poised To Bounce Higher On Monday<blockquote>新加坡股市周一有望反弹走高</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\">\nSingapore Stock Market Poised To Bounce Higher On Monday<blockquote>新加坡股市周一有望反弹走高</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">RTTNews</strong><span class=\"h-time small\">2021-12-13 08:10</span>\n</p>\n</h4>\n</header>\n<article>\n<p>The Singapore stock market has finished lower in two of three trading days since the end of the three-day winning streak in which it had collected almost 45 points or 1.4 percent. The Straits Times Index now sits just above the 3,135-point plateau although it's likely to see renewed support on Monday.</p><p><blockquote>新加坡股市自三天连涨结束以来，在三个交易日中有两个交易日收盘走低，在这三个交易日中，新加坡股市上涨了近45点，涨幅为1.4%。海峡时报指数目前略高于 3,135 点的平台位，但周一可能会获得新的支撑。</blockquote></p><p> The global forecast for the Asian&nbsp;markets&nbsp;is mixed to higher on easing virus concerns and support from crude oil. The European markets were down and the U.S. bourses were up and the Asian markets are tipped to follow the latter lead.</p><p><blockquote>由于病毒担忧缓解和原油支撑，亚洲市场的全球预测涨跌互现。欧洲市场下跌，美国股市上涨，亚洲市场预计将跟随后者走势。</blockquote></p><p> The STI finished slightly lower on Friday following mixed performances from the financial shares, property stocks and industrial issues.</p><p><blockquote>受金融股、地产股和工业股表现好坏参半的影响，STI 周五小幅收低。</blockquote></p><p> For the day, the index slipped 6.84 points or 0.22 percent to finish at 3,135.61 after trading between 3,129.25 and 3,141.85. Volume was 1.86 billion shares worth 863.8 million Singapore dollars. There were 258 decliners and 199 gainers,</p><p><blockquote>当天，该指数下跌 6.84 点或 0.22%，收于 3,135.61 点，交易价格在 3,129.25 至 3,141.85 之间。成交量为18.6亿股，价值8.638亿新加坡元。下跌的有258家，上涨的有199家，</blockquote></p><p> Among the actives, Ascendas REIT shed 0.34 percent, while CapitaLand Integrated Commercial Trust and Mapletree Commercial Trust both slumped 0.49 percent, City Developments skidded 0.57 percent, Comfort DelGro tanked 1.42 percent, Dairy Farm International retreated 0.66 percent, DBS Group dipped 0.16 percent, Genting Singapore climbed 0.64 percent, Hongkong Land tumbled 1.08 percent, Keppel Corp gained 0.38 percent, Mapletree Logistics Trust advanced 0.53 percent, Oversea-Chinese Banking Corporation collected 0.09 percent, SATS declined 0.76 percent, SembCorp Industries added 0.50 percent, Singapore Airlines plummeted 2.37 percent, Singapore Exchange eased 0.11 percent, Singapore Press Holdings sank 0.43 percent, Singapore Technologies Engineering fell 0.26 percent, SingTel dropped 0.41 percent, Thai Beverage plunged 1.48 percent, United Overseas Bank lost 0.33 percent, Wilmar International surrendered 0.95 percent and Yangzijiang Shipbuilding was unchanged.</p><p><blockquote>资产中，Ascendas REIT下跌0.34%，凯德综合商业信托和丰树商业信托均下跌0.49%，City Developments下跌0.57%，Comfort DelGro下跌1.42%，Dairy Farm International下跌0.66%，星展集团下跌0.16%，云顶新加坡上涨0.64%，香港置地下跌1.08%，吉宝集团上涨0.38%，丰树物流信托上涨0.53%，华侨银行上涨0.09%，SATS下跌0.76%，胜科工业上涨0.50%，新加坡航空下跌2.37%，新加坡交易所下跌0.11%，新加坡报业控股下跌0.43%，新加坡科技工程下跌0.26%，新加坡电信下跌0.41%，泰国饮料</blockquote></p><p> The lead from Wall Street is positive as the major averages opened higher on Friday, ebbed towards the break but rebounded to finish firmly higher.</p><p><blockquote>华尔街的领先优势是积极的，因为主要股指周五开盘走高，接近休息时有所回落，但反弹并收盘坚定走高。</blockquote></p><p> The Dow jumped 216.30 points or 0.60 percent to finish at 35.970.99, while the NASDAQ climbed 113.23 points or 0.73 percent to end at 15,630.60 and the S&amp;P 500 gained 44.57 points or 0.95 percent to close at 4,712.02. For the week, the Dow spiked 4 percent, the NASDAQ climbed 3.6 percent and the S&amp;P jumped 3.8 percent.</p><p><blockquote>道琼斯指数上涨216.30点，涨幅0.60%，收于35.970.99点；纳斯达克指数上涨113.23点，涨幅0.73%，收于15630.60点；标普500指数上涨44.57点，涨幅0.95%，收于4712.02点。本周，道琼斯指数飙升4%，纳斯达克指数攀升3.6%，标准普尔指数上涨3.8%。</blockquote></p><p> The strength on Wall Street came even after the Labor Department released a report showing U.S. consumer prices surged at the fastest annual rate of in nearly 40 years in November.</p><p><blockquote>即使在美国劳工部发布报告显示美国消费者价格在 11 月份以近 40 年来最快的年度速度飙升之后，华尔街仍然走强。</blockquote></p><p> While the elevated rate of inflation may lead the Federal Reserve to accelerate the pace of tapering its asset purchases next week, traders seemed relieved that the price growth was not even faster.</p><p><blockquote>尽管通胀率上升可能会导致美联储下周加快缩减资产购买的步伐，但交易员似乎松了一口气，因为价格增长并没有更快。</blockquote></p><p> A separate report from the University of Michigan showed consumer sentiment in the U.S. unexpectedly improved in early December.</p><p><blockquote>密歇根大学的另一份报告显示，美国消费者信心在 12 月初意外改善。</blockquote></p><p> Crude oil futures settled higher Friday on easing worries about the Omicron&nbsp;coronavirus&nbsp;variant's impact on global economic growth. West Texas Intermediate Crude oil futures for January ended higher by $0.73 or 1 percent at $71.67 a barrel. WTI crude futures gained 8.2 percent in the week, the best weekly returns since end August.</p><p><blockquote>由于对奥密克戎冠状病毒变种对全球经济增长影响的担忧缓解，原油期货周五收高。1月份西德克萨斯中质原油期货收盘上涨0.73美元，涨幅1%，至每桶71.67美元。WTI原油期货本周上涨8.2%，为8月底以来最佳周回报率。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.rttnews.com/3248605/singapore-stock-market-poised-to-bounce-higher-on-monday.aspx?type=acom\">RTTNews</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":{"STI.SI":"富时新加坡海峡指数"},"source_url":"https://www.rttnews.com/3248605/singapore-stock-market-poised-to-bounce-higher-on-monday.aspx?type=acom","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1167745509","content_text":"The Singapore stock market has finished lower in two of three trading days since the end of the three-day winning streak in which it had collected almost 45 points or 1.4 percent. The Straits Times Index now sits just above the 3,135-point plateau although it's likely to see renewed support on Monday.\nThe global forecast for the Asian markets is mixed to higher on easing virus concerns and support from crude oil. The European markets were down and the U.S. bourses were up and the Asian markets are tipped to follow the latter lead.\nThe STI finished slightly lower on Friday following mixed performances from the financial shares, property stocks and industrial issues.\nFor the day, the index slipped 6.84 points or 0.22 percent to finish at 3,135.61 after trading between 3,129.25 and 3,141.85. Volume was 1.86 billion shares worth 863.8 million Singapore dollars. There were 258 decliners and 199 gainers,\nAmong the actives, Ascendas REIT shed 0.34 percent, while CapitaLand Integrated Commercial Trust and Mapletree Commercial Trust both slumped 0.49 percent, City Developments skidded 0.57 percent, Comfort DelGro tanked 1.42 percent, Dairy Farm International retreated 0.66 percent, DBS Group dipped 0.16 percent, Genting Singapore climbed 0.64 percent, Hongkong Land tumbled 1.08 percent, Keppel Corp gained 0.38 percent, Mapletree Logistics Trust advanced 0.53 percent, Oversea-Chinese Banking Corporation collected 0.09 percent, SATS declined 0.76 percent, SembCorp Industries added 0.50 percent, Singapore Airlines plummeted 2.37 percent, Singapore Exchange eased 0.11 percent, Singapore Press Holdings sank 0.43 percent, Singapore Technologies Engineering fell 0.26 percent, SingTel dropped 0.41 percent, Thai Beverage plunged 1.48 percent, United Overseas Bank lost 0.33 percent, Wilmar International surrendered 0.95 percent and Yangzijiang Shipbuilding was unchanged.\nThe lead from Wall Street is positive as the major averages opened higher on Friday, ebbed towards the break but rebounded to finish firmly higher.\nThe Dow jumped 216.30 points or 0.60 percent to finish at 35.970.99, while the NASDAQ climbed 113.23 points or 0.73 percent to end at 15,630.60 and the S&P 500 gained 44.57 points or 0.95 percent to close at 4,712.02. For the week, the Dow spiked 4 percent, the NASDAQ climbed 3.6 percent and the S&P jumped 3.8 percent.\nThe strength on Wall Street came even after the Labor Department released a report showing U.S. consumer prices surged at the fastest annual rate of in nearly 40 years in November.\nWhile the elevated rate of inflation may lead the Federal Reserve to accelerate the pace of tapering its asset purchases next week, traders seemed relieved that the price growth was not even faster.\nA separate report from the University of Michigan showed consumer sentiment in the U.S. unexpectedly improved in early December.\nCrude oil futures settled higher Friday on easing worries about the Omicron coronavirus variant's impact on global economic growth. West Texas Intermediate Crude oil futures for January ended higher by $0.73 or 1 percent at $71.67 a barrel. WTI crude futures gained 8.2 percent in the week, the best weekly returns since end August.","news_type":1,"symbols_score_info":{"STI.SI":0.9}},"isVote":1,"tweetType":1,"viewCount":3913,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":874434106,"gmtCreate":1637809670889,"gmtModify":1637809670981,"author":{"id":"4087190496287010","authorId":"4087190496287010","name":"CKWong0572","avatar":"https://static.tigerbbs.com/2bfa856597aa3d910baaaeddb16ce56d","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4087190496287010","authorIdStr":"4087190496287010"},"themes":[],"title":"","htmlText":"We need options in SG...&nbsp;","listText":"We need options in SG...&nbsp;","text":"We need options in SG...","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/874434106","repostId":"1133661352","repostType":4,"repost":{"id":"1133661352","kind":"news","pubTimestamp":1637799244,"share":"https://www.laohunote.com/m/news/1133661352?lang=zh_CN&edition=full","pubTime":"2021-11-25 08:14","market":"sg","language":"en","title":"Singapore Bourse Set To Stop The Bleeding On Thursday<blockquote>新加坡证券交易所将于周四止血</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1133661352","media":"RTTNews","summary":"The Singapore stock market has moved lower in consecutive trading days, sinking almost 10 points or ","content":"<p>The Singapore stock market has moved lower in consecutive trading days, sinking almost 10 points or 0.3 percent along the way. The Straits Times Index now sits just above the 3,225-point plateau although it's expected to find traction on Thursday.</p><p><blockquote>新加坡股市连续几个交易日走低，一路下跌近10点或0.3%。海峡时报指数目前略高于 3,225 点的平台位，但预计将在周四找到牵引力。</blockquote></p><p> The global forecast for the Asian&nbsp;markets&nbsp;is flat to higher on easing treasury yield concerns and a rebound among technology stocks. The European markets were mixed and the U.S. bourses were mostly higher and the Asian markets figure to follow that lead.</p><p><blockquote>由于国债收益率担忧缓解和科技股反弹，亚洲市场的全球预测持平至上涨。欧洲市场涨跌互现，美国股市大多走高，亚洲市场也紧随其后。</blockquote></p><p> The STI finished barely lower on Wednesday as losses from the financial shares were offset by support from the industrials.</p><p><blockquote>STI 周三收盘勉强走低，金融股的跌幅被工业股的支撑所抵消。</blockquote></p><p> For the day, the index eased 0.38 points or 0.01 percent to finish at 3,227.15 after trading between 3,226.56 and 3,239.84. Volume was 1.64 billion shares worth 1.03 billion Singapore dollars. There were 243 gainers and 210 decliners.</p><p><blockquote>当天，该指数在3,226.56至3,239.84之间交易后，下跌0.38点或0.01%，收于3,227.15点。成交量为16.4亿股，价值10.3亿新加坡元。有243只上涨，210只下跌。</blockquote></p><p> Among the actives, Ascendas REIT advanced 0.66 percent, while City Developments soared 1.13 percent, Comfort DelGro rallied 0.67 percent, Dairy Farm International jumped 0.95 percent, DBS Group eased 0.03 percent, Keppel Corp gained 0.56 percent, Mapletree Commercial Trust climbed 0.94 percent, Mapletree Logistics Trust plunged 2.05 percent, SATS sank 0.49 percent, SembCorp Industries added 0.50 percent, Singapore Exchange and United Overseas Bank both lost 0.43 percent, Singapore Press Holdings rose 0.43 percent, Wilmar International dropped 0.46 percent, Yangzijiang Shipbuilding surged 2.31 percent and Genting Singapore, CapitaLand Integrated Commercial Trust, Singapore Technologies Engineering, Thai Beverage, Oversea-Chinese Banking Corporation, Singapore Airlines and SingTel were unchanged.</p><p><blockquote>资产中，Ascendas REIT上涨0.66%，City Developments飙升1.13%，Comfort DelGro上涨0.67%，Dairy Farm International上涨0.95%，星展集团下跌0.03%，吉宝公司上涨0.56%，丰树商业信托上涨0.94%，丰树物流信托暴跌2.05%，SATS下跌0.49%，胜科实业上涨0.50%，新加坡交易所和大华银行均下跌0.43%，新加坡报业控股上涨0.43%，丰益国际下跌0.46%，扬子江造船飙升2.31%，云顶新加坡、凯德综合商业信托、新加坡科技工程、泰国饮料、华侨银行、新加坡航空和新加坡电信持平。</blockquote></p><p> The lead from Wall Street is cautiously optimistic as the major averages opened sharply lower on Wednesday but clawed back as the day progressed, with the NASDAQ and S&amp;P 500 managing to finish higher while the Dow ended barely in the red.</p><p><blockquote>华尔街的领先优势是谨慎乐观的，因为主要股指周三大幅开盘走低，但随着当天的进展回升，纳斯达克和标普500成功收高，而道琼斯指数勉强收红。</blockquote></p><p> The Dow shed 9.42 points or 0.03 percent to finish at 35,804.38, while the NASDAQ jumped 70.09 points or 0.44 percent to close at 15,845.23 and the S&amp;P 500 rose 10.76 points or 0.23 percent to end at 4,701.46.</p><p><blockquote>道琼斯指数下跌9.42点或0.03%，收于35804.38点，纳斯达克指数上涨70.09点或0.44%，收于15845.23点，标普500指数上涨10.76点或0.23%，收于4701.46点。</blockquote></p><p> The early weakness on Wall Street came amid a continued increase in U.S. treasury yields, with the yield on the benchmark ten-year note reaching its highest intraday level in six months. Yields showed a notable downturn over the course of the trading day, however, contributing to the rebound on Wall Street.</p><p><blockquote>华尔街早盘疲软之际，美国国债收益率持续上升，基准十年期国债收益率达到六个月来最高盘中水平。然而，收益率在交易日中显示出明显的下降，这有助于华尔街的反弹。</blockquote></p><p> A Labor Department report showing first-time claims for U.S. unemployment benefits slid to their lowest level in over fifty years last week helped push yields higher.</p><p><blockquote>劳工部的一份报告显示，上周美国首次申请失业救济人数降至50多年来的最低水平，这有助于推高收益率。</blockquote></p><p> Also, the Commerce Department noted an unexpected drop in durable goods orders but an increase in new home sales in October, while personal income and spending both increased by more than expected during the month.</p><p><blockquote>此外，商务部指出，10 月份耐用品订单意外下降，但新屋销售有所增加，而当月个人收入和支出增幅均超出预期。</blockquote></p><p> Crude oil futures settled slightly lower on Wednesday after data showed a modest increase in U.S. crude stockpiles last week. West Texas Intermediate crude oil futures ended down by $0.11 or 0.14 percent at $78.39 a barrel.</p><p><blockquote>数据显示上周美国原油库存小幅增加后，原油期货周三小幅收低。西德克萨斯中质原油期货收盘下跌0.11美元，跌幅0.14%，至每桶78.39美元。</blockquote></p><p> Closer to home, Singapore will provide Q3 data for its current account later today; in the three months prior, the current account surplus was $25.64 billion.</p><p><blockquote>言归正传，新加坡将于今天晚些时候提供其经常账户的第三季度数据；此前三个月，经常账户盈余为256.4亿美元。</blockquote></p><p></p>","source":"lsy1626938412129","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>Singapore Bourse Set To Stop The Bleeding On Thursday<blockquote>新加坡证券交易所将于周四止血</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\">\nSingapore Bourse Set To Stop The Bleeding On Thursday<blockquote>新加坡证券交易所将于周四止血</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">RTTNews</strong><span class=\"h-time small\">2021-11-25 08:14</span>\n</p>\n</h4>\n</header>\n<article>\n<p>The Singapore stock market has moved lower in consecutive trading days, sinking almost 10 points or 0.3 percent along the way. The Straits Times Index now sits just above the 3,225-point plateau although it's expected to find traction on Thursday.</p><p><blockquote>新加坡股市连续几个交易日走低，一路下跌近10点或0.3%。海峡时报指数目前略高于 3,225 点的平台位，但预计将在周四找到牵引力。</blockquote></p><p> The global forecast for the Asian&nbsp;markets&nbsp;is flat to higher on easing treasury yield concerns and a rebound among technology stocks. The European markets were mixed and the U.S. bourses were mostly higher and the Asian markets figure to follow that lead.</p><p><blockquote>由于国债收益率担忧缓解和科技股反弹，亚洲市场的全球预测持平至上涨。欧洲市场涨跌互现，美国股市大多走高，亚洲市场也紧随其后。</blockquote></p><p> The STI finished barely lower on Wednesday as losses from the financial shares were offset by support from the industrials.</p><p><blockquote>STI 周三收盘勉强走低，金融股的跌幅被工业股的支撑所抵消。</blockquote></p><p> For the day, the index eased 0.38 points or 0.01 percent to finish at 3,227.15 after trading between 3,226.56 and 3,239.84. Volume was 1.64 billion shares worth 1.03 billion Singapore dollars. There were 243 gainers and 210 decliners.</p><p><blockquote>当天，该指数在3,226.56至3,239.84之间交易后，下跌0.38点或0.01%，收于3,227.15点。成交量为16.4亿股，价值10.3亿新加坡元。有243只上涨，210只下跌。</blockquote></p><p> Among the actives, Ascendas REIT advanced 0.66 percent, while City Developments soared 1.13 percent, Comfort DelGro rallied 0.67 percent, Dairy Farm International jumped 0.95 percent, DBS Group eased 0.03 percent, Keppel Corp gained 0.56 percent, Mapletree Commercial Trust climbed 0.94 percent, Mapletree Logistics Trust plunged 2.05 percent, SATS sank 0.49 percent, SembCorp Industries added 0.50 percent, Singapore Exchange and United Overseas Bank both lost 0.43 percent, Singapore Press Holdings rose 0.43 percent, Wilmar International dropped 0.46 percent, Yangzijiang Shipbuilding surged 2.31 percent and Genting Singapore, CapitaLand Integrated Commercial Trust, Singapore Technologies Engineering, Thai Beverage, Oversea-Chinese Banking Corporation, Singapore Airlines and SingTel were unchanged.</p><p><blockquote>资产中，Ascendas REIT上涨0.66%，City Developments飙升1.13%，Comfort DelGro上涨0.67%，Dairy Farm International上涨0.95%，星展集团下跌0.03%，吉宝公司上涨0.56%，丰树商业信托上涨0.94%，丰树物流信托暴跌2.05%，SATS下跌0.49%，胜科实业上涨0.50%，新加坡交易所和大华银行均下跌0.43%，新加坡报业控股上涨0.43%，丰益国际下跌0.46%，扬子江造船飙升2.31%，云顶新加坡、凯德综合商业信托、新加坡科技工程、泰国饮料、华侨银行、新加坡航空和新加坡电信持平。</blockquote></p><p> The lead from Wall Street is cautiously optimistic as the major averages opened sharply lower on Wednesday but clawed back as the day progressed, with the NASDAQ and S&amp;P 500 managing to finish higher while the Dow ended barely in the red.</p><p><blockquote>华尔街的领先优势是谨慎乐观的，因为主要股指周三大幅开盘走低，但随着当天的进展回升，纳斯达克和标普500成功收高，而道琼斯指数勉强收红。</blockquote></p><p> The Dow shed 9.42 points or 0.03 percent to finish at 35,804.38, while the NASDAQ jumped 70.09 points or 0.44 percent to close at 15,845.23 and the S&amp;P 500 rose 10.76 points or 0.23 percent to end at 4,701.46.</p><p><blockquote>道琼斯指数下跌9.42点或0.03%，收于35804.38点，纳斯达克指数上涨70.09点或0.44%，收于15845.23点，标普500指数上涨10.76点或0.23%，收于4701.46点。</blockquote></p><p> The early weakness on Wall Street came amid a continued increase in U.S. treasury yields, with the yield on the benchmark ten-year note reaching its highest intraday level in six months. Yields showed a notable downturn over the course of the trading day, however, contributing to the rebound on Wall Street.</p><p><blockquote>华尔街早盘疲软之际，美国国债收益率持续上升，基准十年期国债收益率达到六个月来最高盘中水平。然而，收益率在交易日中显示出明显的下降，这有助于华尔街的反弹。</blockquote></p><p> A Labor Department report showing first-time claims for U.S. unemployment benefits slid to their lowest level in over fifty years last week helped push yields higher.</p><p><blockquote>劳工部的一份报告显示，上周美国首次申请失业救济人数降至50多年来的最低水平，这有助于推高收益率。</blockquote></p><p> Also, the Commerce Department noted an unexpected drop in durable goods orders but an increase in new home sales in October, while personal income and spending both increased by more than expected during the month.</p><p><blockquote>此外，商务部指出，10 月份耐用品订单意外下降，但新屋销售有所增加，而当月个人收入和支出增幅均超出预期。</blockquote></p><p> Crude oil futures settled slightly lower on Wednesday after data showed a modest increase in U.S. crude stockpiles last week. West Texas Intermediate crude oil futures ended down by $0.11 or 0.14 percent at $78.39 a barrel.</p><p><blockquote>数据显示上周美国原油库存小幅增加后，原油期货周三小幅收低。西德克萨斯中质原油期货收盘下跌0.11美元，跌幅0.14%，至每桶78.39美元。</blockquote></p><p> Closer to home, Singapore will provide Q3 data for its current account later today; in the three months prior, the current account surplus was $25.64 billion.</p><p><blockquote>言归正传，新加坡将于今天晚些时候提供其经常账户的第三季度数据；此前三个月，经常账户盈余为256.4亿美元。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.rttnews.com/3244786/singapore-bourse-set-to-stop-the-bleeding-on-thursday.aspx\">RTTNews</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":{"STI.SI":"富时新加坡海峡指数"},"source_url":"https://www.rttnews.com/3244786/singapore-bourse-set-to-stop-the-bleeding-on-thursday.aspx","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1133661352","content_text":"The Singapore stock market has moved lower in consecutive trading days, sinking almost 10 points or 0.3 percent along the way. The Straits Times Index now sits just above the 3,225-point plateau although it's expected to find traction on Thursday.\nThe global forecast for the Asian markets is flat to higher on easing treasury yield concerns and a rebound among technology stocks. The European markets were mixed and the U.S. bourses were mostly higher and the Asian markets figure to follow that lead.\nThe STI finished barely lower on Wednesday as losses from the financial shares were offset by support from the industrials.\nFor the day, the index eased 0.38 points or 0.01 percent to finish at 3,227.15 after trading between 3,226.56 and 3,239.84. Volume was 1.64 billion shares worth 1.03 billion Singapore dollars. There were 243 gainers and 210 decliners.\nAmong the actives, Ascendas REIT advanced 0.66 percent, while City Developments soared 1.13 percent, Comfort DelGro rallied 0.67 percent, Dairy Farm International jumped 0.95 percent, DBS Group eased 0.03 percent, Keppel Corp gained 0.56 percent, Mapletree Commercial Trust climbed 0.94 percent, Mapletree Logistics Trust plunged 2.05 percent, SATS sank 0.49 percent, SembCorp Industries added 0.50 percent, Singapore Exchange and United Overseas Bank both lost 0.43 percent, Singapore Press Holdings rose 0.43 percent, Wilmar International dropped 0.46 percent, Yangzijiang Shipbuilding surged 2.31 percent and Genting Singapore, CapitaLand Integrated Commercial Trust, Singapore Technologies Engineering, Thai Beverage, Oversea-Chinese Banking Corporation, Singapore Airlines and SingTel were unchanged.\nThe lead from Wall Street is cautiously optimistic as the major averages opened sharply lower on Wednesday but clawed back as the day progressed, with the NASDAQ and S&P 500 managing to finish higher while the Dow ended barely in the red.\nThe Dow shed 9.42 points or 0.03 percent to finish at 35,804.38, while the NASDAQ jumped 70.09 points or 0.44 percent to close at 15,845.23 and the S&P 500 rose 10.76 points or 0.23 percent to end at 4,701.46.\nThe early weakness on Wall Street came amid a continued increase in U.S. treasury yields, with the yield on the benchmark ten-year note reaching its highest intraday level in six months. Yields showed a notable downturn over the course of the trading day, however, contributing to the rebound on Wall Street.\nA Labor Department report showing first-time claims for U.S. unemployment benefits slid to their lowest level in over fifty years last week helped push yields higher.\nAlso, the Commerce Department noted an unexpected drop in durable goods orders but an increase in new home sales in October, while personal income and spending both increased by more than expected during the month.\nCrude oil futures settled slightly lower on Wednesday after data showed a modest increase in U.S. crude stockpiles last week. West Texas Intermediate crude oil futures ended down by $0.11 or 0.14 percent at $78.39 a barrel.\nCloser to home, Singapore will provide Q3 data for its current account later today; in the three months prior, the current account surplus was $25.64 billion.","news_type":1,"symbols_score_info":{"STI.SI":0.9}},"isVote":1,"tweetType":1,"viewCount":4949,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":878579103,"gmtCreate":1637213048664,"gmtModify":1637213048764,"author":{"id":"4087190496287010","authorId":"4087190496287010","name":"CKWong0572","avatar":"https://static.tigerbbs.com/2bfa856597aa3d910baaaeddb16ce56d","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4087190496287010","authorIdStr":"4087190496287010"},"themes":[],"title":"","htmlText":"Boring SG stocks&nbsp;","listText":"Boring SG stocks&nbsp;","text":"Boring SG stocks","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/878579103","repostId":"1180752156","repostType":4,"isVote":1,"tweetType":1,"viewCount":3619,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":851680641,"gmtCreate":1634902965829,"gmtModify":1634902995190,"author":{"id":"4087190496287010","authorId":"4087190496287010","name":"CKWong0572","avatar":"https://static.tigerbbs.com/2bfa856597aa3d910baaaeddb16ce56d","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4087190496287010","authorIdStr":"4087190496287010"},"themes":[],"title":"","htmlText":"<a href=\"https://laohu8.com/S/OV8.SI\">$SHENG SIONG GROUP LTD(OV8.SI)$</a>The price is getting cheaper!!!&nbsp;[财迷]&nbsp;Gr8 for dividend yield","listText":"<a href=\"https://laohu8.com/S/OV8.SI\">$SHENG SIONG GROUP LTD(OV8.SI)$</a>The price is getting cheaper!!!&nbsp;[财迷]&nbsp;Gr8 for dividend yield","text":"$SHENG SIONG GROUP LTD(OV8.SI)$The price is getting cheaper!!! [财迷] Gr8 for dividend yield","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/851680641","isVote":1,"tweetType":1,"viewCount":3326,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":859543763,"gmtCreate":1634716489823,"gmtModify":1634716642124,"author":{"id":"4087190496287010","authorId":"4087190496287010","name":"CKWong0572","avatar":"https://static.tigerbbs.com/2bfa856597aa3d910baaaeddb16ce56d","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4087190496287010","authorIdStr":"4087190496287010"},"themes":[],"title":"","htmlText":"Buy buy buy","listText":"Buy buy buy","text":"Buy buy buy","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/859543763","repostId":"1180639922","repostType":4,"isVote":1,"tweetType":1,"viewCount":3041,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":861185584,"gmtCreate":1632470732748,"gmtModify":1632720872307,"author":{"id":"4087190496287010","authorId":"4087190496287010","name":"CKWong0572","avatar":"https://static.tigerbbs.com/2bfa856597aa3d910baaaeddb16ce56d","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4087190496287010","authorIdStr":"4087190496287010"},"themes":[],"title":"","htmlText":"Very soon apple will be useless","listText":"Very soon apple will be useless","text":"Very soon apple will be useless","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/861185584","repostId":"1143821004","repostType":4,"isVote":1,"tweetType":1,"viewCount":3442,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":860933726,"gmtCreate":1632117079965,"gmtModify":1632802721887,"author":{"id":"4087190496287010","authorId":"4087190496287010","name":"CKWong0572","avatar":"https://static.tigerbbs.com/2bfa856597aa3d910baaaeddb16ce56d","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4087190496287010","authorIdStr":"4087190496287010"},"themes":[],"title":"","htmlText":"Expensive.... too OV","listText":"Expensive.... too OV","text":"Expensive.... too OV","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/860933726","repostId":"1108272392","repostType":4,"repost":{"id":"1108272392","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":1631693345,"share":"https://www.laohunote.com/m/news/1108272392?lang=zh_CN&edition=full","pubTime":"2021-09-15 16:09","market":"us","language":"en","title":"Apple shares rose 0.4% in premarket trading<blockquote>苹果股价在盘前交易中上涨 0.4%</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1108272392","media":"Tiger Newspress","summary":"Apple shares rose 0.4% in premarket trading.Apple held an event yesterday where the new iPhone 13 in","content":"<p>Apple shares rose 0.4% in premarket trading.Apple held an event yesterday where the&nbsp;new iPhone 13 in all of its versions were unveiled. The stock closed down 0.96% at $148.12.</p><p><blockquote>苹果股价在盘前交易中上涨 0.4%。苹果昨天举行了一场活动，推出了所有版本的新款 iPhone 13。该股收盘下跌 0.96%，至 148.12 美元。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/43a1bc16e540f70c96b045c162ee647d\" tg-width=\"850\" tg-height=\"638\" width=\"100%\" height=\"auto\"></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>Apple shares rose 0.4% in premarket trading<blockquote>苹果股价在盘前交易中上涨 0.4%</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nApple shares rose 0.4% in premarket trading<blockquote>苹果股价在盘前交易中上涨 0.4%</blockquote>\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time smaller\">2021-09-15 16:09</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>Apple shares rose 0.4% in premarket trading.Apple held an event yesterday where the&nbsp;new iPhone 13 in all of its versions were unveiled. The stock closed down 0.96% at $148.12.</p><p><blockquote>苹果股价在盘前交易中上涨 0.4%。苹果昨天举行了一场活动，推出了所有版本的新款 iPhone 13。该股收盘下跌 0.96%，至 148.12 美元。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/43a1bc16e540f70c96b045c162ee647d\" tg-width=\"850\" tg-height=\"638\" width=\"100%\" height=\"auto\"></p><p><blockquote></blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1108272392","content_text":"Apple shares rose 0.4% in premarket trading.Apple held an event yesterday where the new iPhone 13 in all of its versions were unveiled. The stock closed down 0.96% at $148.12.","news_type":1,"symbols_score_info":{"AAPL":0.9}},"isVote":1,"tweetType":1,"viewCount":2728,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":883544089,"gmtCreate":1631259835741,"gmtModify":1632883593195,"author":{"id":"4087190496287010","authorId":"4087190496287010","name":"CKWong0572","avatar":"https://static.tigerbbs.com/2bfa856597aa3d910baaaeddb16ce56d","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4087190496287010","authorIdStr":"4087190496287010"},"themes":[],"title":"","htmlText":"Understand the business and buy again.... not all tuition centers is for kids, some are for adults wic the business mode is not affected.... think guys think 🤔 🤑","listText":"Understand the business and buy again.... not all tuition centers is for kids, some are for adults wic the business mode is not affected.... think guys think 🤔 🤑","text":"Understand the business and buy again.... not all tuition centers is for kids, some are for adults wic the business mode is not affected.... think guys think 🤔 🤑","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/883544089","repostId":"1163237652","repostType":4,"repost":{"id":"1163237652","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":1631110114,"share":"https://www.laohunote.com/m/news/1163237652?lang=zh_CN&edition=full","pubTime":"2021-09-08 22:08","market":"us","language":"en","title":"Chinese education stocks slump again<blockquote>中国教育股再次暴跌</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1163237652","media":"Tiger Newspress","summary":"(Sept 8) Chinese education stocks slump again.\nGaotu Techedu, Youdao, TAL Education slump over 8%. N","content":"<p>(Sept 8)&nbsp;Chinese education stocks slump again.</p><p><blockquote>（9月8日）中国教育股再次暴跌。</blockquote></p><p> Gaotu Techedu,&nbsp;Youdao,&nbsp;TAL Education&nbsp;slump&nbsp;over&nbsp;8%.&nbsp;New Oriental,&nbsp;17 Education &amp; Technology&nbsp;fell&nbsp;over&nbsp;7%.</p><p><blockquote>高途科技、有道、好未来跌超8%。新东方、17教育科技跌超7%。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/ad45fa747cf52552011c71f72220f611\" tg-width=\"278\" tg-height=\"244\" 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>Chinese education stocks slump again<blockquote>中国教育股再次暴跌</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\">\nChinese education stocks slump again<blockquote>中国教育股再次暴跌</blockquote>\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time smaller\">2021-09-08 22:08</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>(Sept 8)&nbsp;Chinese education stocks slump again.</p><p><blockquote>（9月8日）中国教育股再次暴跌。</blockquote></p><p> Gaotu Techedu,&nbsp;Youdao,&nbsp;TAL Education&nbsp;slump&nbsp;over&nbsp;8%.&nbsp;New Oriental,&nbsp;17 Education &amp; Technology&nbsp;fell&nbsp;over&nbsp;7%.</p><p><blockquote>高途科技、有道、好未来跌超8%。新东方、17教育科技跌超7%。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/ad45fa747cf52552011c71f72220f611\" tg-width=\"278\" tg-height=\"244\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GOTU":"高途","TAL":"好未来","EDU":"新东方"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1163237652","content_text":"(Sept 8) Chinese education stocks slump again.\nGaotu Techedu, Youdao, TAL Education slump over 8%. New Oriental, 17 Education & Technology fell over 7%.","news_type":1,"symbols_score_info":{"GOTU":0.9,"EDU":0.9,"TAL":0.9}},"isVote":1,"tweetType":1,"viewCount":3444,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":889052397,"gmtCreate":1631095462219,"gmtModify":1632884672572,"author":{"id":"4087190496287010","authorId":"4087190496287010","name":"CKWong0572","avatar":"https://static.tigerbbs.com/2bfa856597aa3d910baaaeddb16ce56d","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4087190496287010","authorIdStr":"4087190496287010"},"themes":[],"title":"","htmlText":"😆&nbsp;","listText":"😆&nbsp;","text":"😆","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/889052397","repostId":"1148244903","repostType":4,"repost":{"id":"1148244903","kind":"news","pubTimestamp":1631027025,"share":"https://www.laohunote.com/m/news/1148244903?lang=zh_CN&edition=full","pubTime":"2021-09-07 23:03","market":"other","language":"en","title":"Cryptos Just Puked...<blockquote>密码刚刚吐了……</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1148244903","media":"zerohedge","summary":"Bitcoin (and Ethereum) just took a second, larger, leg lower after ramping across the long weekend a","content":"<p>Bitcoin (and Ethereum) just took a second, larger, leg lower after ramping across the long weekend ahead ofEl Salvador's 'Bitcoin Day' legal tender rollout.</p><p><blockquote>在 ofEl Salvado 推出“比特币日”法律招标之前的长周末，比特币（和以太币）刚刚进行了第二次更大的下跌。</blockquote></p><p> Bitcoin plunged from $53k to below $49k...</p><p><blockquote>比特币从5.3万美元暴跌至4.9万美元以下……</blockquote></p><p> <img src=\"https://static.tigerbbs.com/ffa53ca2dc78633e42d336039958a4be\" tg-width=\"961\" tg-height=\"514\" width=\"100%\" height=\"auto\"><i>Source: Bloomberg</i></p><p><blockquote><i>资料来源：彭博社</i></blockquote></p><p> And Ethereum has tumbled back below $3500 (and was notably less bid on the El Salvador excitement)...</p><p><blockquote>以太币已经回落到3500美元以下（并且明显低于萨尔瓦多的兴奋）...</blockquote></p><p> <img src=\"https://static.tigerbbs.com/ad830058c11f71829955553d50022cf5\" tg-width=\"961\" tg-height=\"527\" width=\"100%\" height=\"auto\"></p><p><blockquote></blockquote></p><p> <i>Source: Bloomberg</i></p><p><blockquote><i>资料来源：彭博社</i></blockquote></p><p> Some chatter that the ETH move was triggered byshort-term rotation to Solano after NFT headlines.</p><p><blockquote>有人猜测，ETH 的举动是由 NFT 头条新闻后短期转向索拉诺引发的。</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>Cryptos Just Puked...<blockquote>密码刚刚吐了……</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\">\nCryptos Just Puked...<blockquote>密码刚刚吐了……</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">zerohedge</strong><span class=\"h-time small\">2021-09-07 23:03</span>\n</p>\n</h4>\n</header>\n<article>\n<p>Bitcoin (and Ethereum) just took a second, larger, leg lower after ramping across the long weekend ahead ofEl Salvador's 'Bitcoin Day' legal tender rollout.</p><p><blockquote>在 ofEl Salvado 推出“比特币日”法律招标之前的长周末，比特币（和以太币）刚刚进行了第二次更大的下跌。</blockquote></p><p> Bitcoin plunged from $53k to below $49k...</p><p><blockquote>比特币从5.3万美元暴跌至4.9万美元以下……</blockquote></p><p> <img src=\"https://static.tigerbbs.com/ffa53ca2dc78633e42d336039958a4be\" tg-width=\"961\" tg-height=\"514\" width=\"100%\" height=\"auto\"><i>Source: Bloomberg</i></p><p><blockquote><i>资料来源：彭博社</i></blockquote></p><p> And Ethereum has tumbled back below $3500 (and was notably less bid on the El Salvador excitement)...</p><p><blockquote>以太币已经回落到3500美元以下（并且明显低于萨尔瓦多的兴奋）...</blockquote></p><p> <img src=\"https://static.tigerbbs.com/ad830058c11f71829955553d50022cf5\" tg-width=\"961\" tg-height=\"527\" width=\"100%\" height=\"auto\"></p><p><blockquote></blockquote></p><p> <i>Source: Bloomberg</i></p><p><blockquote><i>资料来源：彭博社</i></blockquote></p><p> Some chatter that the ETH move was triggered byshort-term rotation to Solano after NFT headlines.</p><p><blockquote>有人猜测，ETH 的举动是由 NFT 头条新闻后短期转向索拉诺引发的。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.zerohedge.com/crypto/cryptos-just-puked?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+zerohedge%2Ffeed+%28zero+hedge+-+on+a+long+enough+timeline%2C+the+survival+rate+for+everyone+drops+to+zero%29\">zerohedge</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":{"COIN":"Coinbase Global, Inc.","GBTC":"比特币ETF-Grayscale"},"source_url":"https://www.zerohedge.com/crypto/cryptos-just-puked?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+zerohedge%2Ffeed+%28zero+hedge+-+on+a+long+enough+timeline%2C+the+survival+rate+for+everyone+drops+to+zero%29","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1148244903","content_text":"Bitcoin (and Ethereum) just took a second, larger, leg lower after ramping across the long weekend ahead ofEl Salvador's 'Bitcoin Day' legal tender rollout.\nBitcoin plunged from $53k to below $49k...\nSource: Bloomberg\nAnd Ethereum has tumbled back below $3500 (and was notably less bid on the El Salvador excitement)...\n\nSource: Bloomberg\nSome chatter that the ETH move was triggered byshort-term rotation to Solano after NFT headlines.","news_type":1,"symbols_score_info":{"COIN":0.9,"GBTC":0.9}},"isVote":1,"tweetType":1,"viewCount":2610,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":814406642,"gmtCreate":1630854135586,"gmtModify":1632905509668,"author":{"id":"4087190496287010","authorId":"4087190496287010","name":"CKWong0572","avatar":"https://static.tigerbbs.com/2bfa856597aa3d910baaaeddb16ce56d","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4087190496287010","authorIdStr":"4087190496287010"},"themes":[],"title":"","htmlText":"Well ....","listText":"Well ....","text":"Well ....","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/814406642","repostId":"2164876311","repostType":4,"isVote":1,"tweetType":1,"viewCount":646,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":811545588,"gmtCreate":1630333745644,"gmtModify":1704958679905,"author":{"id":"4087190496287010","authorId":"4087190496287010","name":"CKWong0572","avatar":"https://static.tigerbbs.com/2bfa856597aa3d910baaaeddb16ce56d","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4087190496287010","authorIdStr":"4087190496287010"},"themes":[],"title":"","htmlText":"Gr8","listText":"Gr8","text":"Gr8","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/811545588","repostId":"1199138618","repostType":4,"repost":{"id":"1199138618","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":1630316356,"share":"https://www.laohunote.com/m/news/1199138618?lang=zh_CN&edition=full","pubTime":"2021-08-30 17:39","market":"us","language":"en","title":"Globalstar shares rose more than 20% in premarket trading<blockquote>Globalstar 股价在盘前交易中上涨超过 20%</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1199138618","media":"Tiger Newspress","summary":"Globalstar shares rose more than 20% in premarket trading.\nApple Inc. could partner with Globalstar ","content":"<p>Globalstar&nbsp;shares&nbsp;rose&nbsp;more&nbsp;than&nbsp;20%&nbsp;in&nbsp;premarket&nbsp;trading.</p><p><blockquote>Globalstar 股价在盘前交易中上涨超过 20%。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/33606a167f18f6de91abf407f2f6fa7e\" tg-width=\"896\" tg-height=\"614\" width=\"100%\" height=\"auto\">Apple Inc.&nbsp;could partner with&nbsp;Globalstar Inc.&nbsp;to bring satellite communication connectivity to the upcoming&nbsp;iPhone 13&nbsp;models, according to a note from Apple analyst&nbsp;Ming-Chi Kuo,&nbsp;Apple&nbsp;Insider&nbsp;reported.</p><p><blockquote>据《苹果内幕》报道，根据苹果分析师郭明𫓹的一份报告，苹果公司可能会与Globalstar Inc.合作，为即将推出的iPhone 13机型带来卫星通信连接。</blockquote></p><p> A customized version of the Qualcomm X60 baseband chip that Apple is expected to use in the iPhone 13 will support low-earth-orbit (LEO) satellite communications, Kuo reportedly said in the note.</p><p><blockquote>据报道，郭在报告中表示，苹果预计将在iPhone 13中使用的高通X60基带芯片的定制版本将支持低地球轨道（LEO）卫星通信。</blockquote></p><p> iPhone 13 users will be able to directly use Globalstar’s satellite communication services on their devices if Apple partners with the LEO satellite communication service provider, Kuo said, as per the report.</p><p><blockquote>报道称，如果苹果与 LEO 卫星通信服务提供商合作，iPhone 13 用户将能够在其设备上直接使用 Globalstar 的卫星通信服务。</blockquote></p><p> Apple could also use the satellite communication feature in its upcoming Apple AR headset and the Apple Car, Kuo noted.</p><p><blockquote>郭指出，苹果还可以在其即将推出的苹果AR耳机和苹果汽车中使用卫星通信功能。</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>Globalstar shares rose more than 20% in premarket trading<blockquote>Globalstar 股价在盘前交易中上涨超过 20%</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\">\nGlobalstar shares rose more than 20% in premarket trading<blockquote>Globalstar 股价在盘前交易中上涨超过 20%</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\">2021-08-30 17:39</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>Globalstar&nbsp;shares&nbsp;rose&nbsp;more&nbsp;than&nbsp;20%&nbsp;in&nbsp;premarket&nbsp;trading.</p><p><blockquote>Globalstar 股价在盘前交易中上涨超过 20%。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/33606a167f18f6de91abf407f2f6fa7e\" tg-width=\"896\" tg-height=\"614\" width=\"100%\" height=\"auto\">Apple Inc.&nbsp;could partner with&nbsp;Globalstar Inc.&nbsp;to bring satellite communication connectivity to the upcoming&nbsp;iPhone 13&nbsp;models, according to a note from Apple analyst&nbsp;Ming-Chi Kuo,&nbsp;Apple&nbsp;Insider&nbsp;reported.</p><p><blockquote>据《苹果内幕》报道，根据苹果分析师郭明𫓹的一份报告，苹果公司可能会与Globalstar Inc.合作，为即将推出的iPhone 13机型带来卫星通信连接。</blockquote></p><p> A customized version of the Qualcomm X60 baseband chip that Apple is expected to use in the iPhone 13 will support low-earth-orbit (LEO) satellite communications, Kuo reportedly said in the note.</p><p><blockquote>据报道，郭在报告中表示，苹果预计将在iPhone 13中使用的高通X60基带芯片的定制版本将支持低地球轨道（LEO）卫星通信。</blockquote></p><p> iPhone 13 users will be able to directly use Globalstar’s satellite communication services on their devices if Apple partners with the LEO satellite communication service provider, Kuo said, as per the report.</p><p><blockquote>报道称，如果苹果与 LEO 卫星通信服务提供商合作，iPhone 13 用户将能够在其设备上直接使用 Globalstar 的卫星通信服务。</blockquote></p><p> Apple could also use the satellite communication feature in its upcoming Apple AR headset and the Apple Car, Kuo noted.</p><p><blockquote>郭指出，苹果还可以在其即将推出的苹果AR耳机和苹果汽车中使用卫星通信功能。</blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果","GSAT":"全球星"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1199138618","content_text":"Globalstar shares rose more than 20% in premarket trading.\nApple Inc. could partner with Globalstar Inc. to bring satellite communication connectivity to the upcoming iPhone 13 models, according to a note from Apple analyst Ming-Chi Kuo, Apple Insider reported.\nA customized version of the Qualcomm X60 baseband chip that Apple is expected to use in the iPhone 13 will support low-earth-orbit (LEO) satellite communications, Kuo reportedly said in the note.\niPhone 13 users will be able to directly use Globalstar’s satellite communication services on their devices if Apple partners with the LEO satellite communication service provider, Kuo said, as per the report.\nApple could also use the satellite communication feature in its upcoming Apple AR headset and the Apple Car, Kuo noted.","news_type":1,"symbols_score_info":{"GSAT":0.9,"AAPL":0.9}},"isVote":1,"tweetType":1,"viewCount":814,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":834414245,"gmtCreate":1629818545087,"gmtModify":1633682207211,"author":{"id":"4087190496287010","authorId":"4087190496287010","name":"CKWong0572","avatar":"https://static.tigerbbs.com/2bfa856597aa3d910baaaeddb16ce56d","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4087190496287010","authorIdStr":"4087190496287010"},"themes":[],"title":"","htmlText":"Wow marvellous 👏🏼&nbsp;","listText":"Wow marvellous 👏🏼&nbsp;","text":"Wow marvellous 👏🏼","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/834414245","repostId":"1194470972","repostType":4,"repost":{"id":"1194470972","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":1629804284,"share":"https://www.laohunote.com/m/news/1194470972?lang=zh_CN&edition=full","pubTime":"2021-08-24 19:24","market":"us","language":"en","title":"China's Pinduoduo misses quarterly revenue expectations<blockquote>中国拼多多未达季度收入预期</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1194470972","media":"Tiger Newspress","summary":"Chinese e-commerce platform Pinduoduo Inc missed Wall Street expectations for quarterly revenue on Tuesday, hit by tough competition from larger rivals like Alibaba and JD.Com to tap into the pandemic-driven online shopping surge.Total revenue was 23.05 billion yuan in the second quarter ended June 30. Analysts on average expected revenue of 26.44 billion yuan, according to IBES data from Refinitiv.Total revenues in the quarter were RMB23,046.2 million, an increase of 89% from RMB12,193.3 millio","content":"<p>Chinese e-commerce platform Pinduoduo Inc missed Wall Street expectations for quarterly revenue on Tuesday, hit by tough competition from larger rivals like Alibaba and JD.Com to tap into the pandemic-driven online shopping surge.</p><p><blockquote>中国电子商务平台拼多多周二的季度收入未达华尔街预期，受到阿里巴巴-SW和京东等大型竞争对手的激烈竞争，以利用疫情推动的在线购物激增。</blockquote></p><p> Total revenue was 23.05 billion yuan ($3.56 billion)in the second quarter ended June 30. Analysts on average expected revenue of 26.44 billion yuan, according to IBES data from Refinitiv.</p><p><blockquote>截至 6 月 30 日的第二季度总收入为 230.5 亿元人民币（35.6 亿美元）。根据路孚特的 IBES 数据，分析师平均预期营收为 264.4 亿元人民币。</blockquote></p><p> <a href=\"https://laohu8.com/RN?name=RNLive&amp;rndata=%7B%22liveId%22:%2216296953172882%22%7D\" target=\"_blank\">Q2 2021 Pinduoduo Inc Earnings Conference Call</a></p><p><blockquote><a href=\"https://laohu8.com/RN?name=RNLive&amp;rndata=%7B%22liveId%22:%2216296953172882%22%7D\" target=\"_blank\">2021 年第二季度拼多多公司收益电话会议</a></blockquote></p><p> <b>Second Quarter 2021 Highlights</b></p><p><blockquote><b>2021 年第二季度亮点</b></blockquote></p><p> <ul>  <li><b>Total revenues</b>&nbsp;in the quarter were&nbsp;RMB23,046.2 million(US$3,569.4 million), an increase of 89% from&nbsp;RMB12,193.3 millionin the same quarter of 2020.</li>  <li><b>Average monthly active users</b>&nbsp;in the quarter was 738.5 million, an increase of 30% from 568.8 million in the same quarter of 2020.</li>  <li><b>Active buyers</b>&nbsp;in the twelve-month period endedJune 30, 2021was 849.9 million, an increase of 24% from 683.2 million in the twelve-month period endedJune 30, 2020.</li>  <li><b>Operating profit</b>&nbsp;in the quarter wasRMB1,997.5 million(US$309.4 million), compared with operating loss ofRMB1,639.6 millionin the same quarter of 2020.<b>Non-GAAP&nbsp;operating profit</b>&nbsp;in the quarter wasRMB3,185.2 million(US$493.3 million), compared with non-GAAP operating loss ofRMB725.1 millionin the same quarter of 2020.</li>  <li><b>Net income attributable to ordinary shareholders</b>&nbsp;in the quarter wasRMB2,414.6 million(US$374.0 million), compared with net loss ofRMB899.3 millionin the same quarter of 2020.<b>Non-GAAP net income attributable to ordinary shareholders</b>&nbsp;in the quarter wasRMB4,125.3 million(US$638.9 million), compared with non-GAAP net loss ofRMB77.2 millionin the same quarter of 2020.</li> </ul> Pinduoduo&nbsp;shares&nbsp;were back to $84.01, up 3.6%.</p><p><blockquote><ul><li><b>收入总额</b>本季度营业额为人民币230.462亿元（35.694亿美元），较2020年同季度的人民币121.933亿元增长89%。</li><li><b>平均月活跃用户</b>本季度为 7.385 亿美元，比 2020 年同季度的 5.688 亿美元增长 30%。</li><li><b>活跃买家</b>截至2021年6月30日止12个月期间为8.499亿美元，较截至2020年6月30日止12个月期间的6.832亿美元增长24%。</li><li><b>营业溢利</b>该季度的运营亏损为人民币 19.975 亿元（3.094 亿美元），而 2020 年同季度的运营亏损为人民币 16.396 亿元。<b>非 GAAP 营业利润</b>本季度亏损为人民币 31.852 亿元（4.933 亿美元），而 2020 年同季度非 GAAP 运营亏损为人民币 7.251 亿元。</li><li><b>归属于普通股股东的净利润</b>本季度净亏损为人民币24.146亿元（3.74亿美元），而2020年同季度净亏损为人民币8.993亿元。<b>非公认会计准则归属于普通股股东的净利润</b>本季度净亏损为人民币 41.253 亿元（6.389 亿美元），而 2020 年同季度非 GAAP 净亏损为人民币 7,720 万元。</li></ul>拼多多股价回升至 84.01 美元，上涨 3.6%。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/cef551e259866b07f824d1785781e3b7\" tg-width=\"892\" tg-height=\"637\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p> “Agriculture has long been at the core of Pinduoduo’s corporate mission and strategy and the '10 Billion Agriculture Initiative' we announced today is a way for us to deepen our support for agricultural modernization and rural vitalization,” saidLei Chen, Chairman and CEO ofPinduoduo, who will oversee the initiative. “Investing in agriculture pays off for everyone because agriculture is the nexus of food security and quality, public health and environmental sustainability.”</p><p><blockquote>“农业长期以来一直是拼多多企业使命和战略的核心，我们今天宣布的'百亿农业计划'是我们深化对农业现代化和乡村振兴支持的一种方式，”将负责监督该计划的拼多多董事长兼首席执行官陈磊说。“投资农业对每个人都有好处，因为农业是粮食安全和质量、公共健康和环境可持续性的纽带”。</blockquote></p><p> “We continued to deliver strong execution in the quarter. Our total revenues, excluding contribution from merchandise sales, for the second quarter 2021 increased 73% from the prior year,” saidTony Ma, Vice President of Finance ofPinduoduo. “Agriculture remains our strategic priority, and we are committed to patient and continued investment in agriculture.”</p><p><blockquote>“我们在本季度继续保持强劲的执行力。2021 年第二季度，我们的总收入（不包括商品销售的贡献）比上年同期增长了 73%，”拼多多财务副总裁 Tony Ma 说。“农业仍然是我们的战略重点，我们致力于耐心和持续地投资农业。”</blockquote></p><p> <b>Second Quarter 2021 Unaudited Financial Results</b></p><p><blockquote><b>2021年第二季度未经审计财务业绩</b></blockquote></p><p> <b>Total revenues</b>&nbsp;were&nbsp;RMB23,046.2 million(US$3,569.4 million), an increase of 89% fromRMB12,193.3 millionin the same quarter of 2020. The increase was primarily due to an increase in revenues from online marketing services.</p><p><blockquote><b>收入总额</b>为人民币23,046.2百万元（3,569.4百万美元），较2020年同季度的人民币12,193.3百万元增长89%。该增加主要是由于在线营销服务收入增加所致。</blockquote></p><p> <ul>  <li><b>Revenues from online marketing services and others</b>&nbsp;were&nbsp;RMB18,080.4 million(US$2,800.3 million), an increase of 64% fromRMB11,054.7 millionin the same quarter of 2020.</li>  <li><b>Revenues from transaction services</b>&nbsp;were&nbsp;RMB3,007.6 million(US$465.8 million), an increase of 164% fromRMB1,138.6 millionin the same quarter of 2020.</li>  <li><b>Revenues from merchandise sales</b>&nbsp;were&nbsp;RMB1,958.2 million(US$303.3 million), an increase ofRMB1,958.2 millionfrom nil in the same quarter of 2020.</li> </ul> <b>Total costs of revenues</b>&nbsp;were&nbsp;RMB7,897.9 million(US$1,223.2 million), an increase of 197% fromRMB2,662.1 millionin the same quarter of 2020. The increase was mainly due to costs attributable to merchandise sales, higher cost of payment processing fees, cloud services fees, and delivery and storage fees.</p><p><blockquote><ul><li><b>来自在线营销服务及其他的收入</b>为人民币18,080.4百万元（2,800.3百万美元），较2020年同季度的人民币11,054.7百万元增长64%。</li><li><b>交易服务收入</b>为人民币30.076亿元（4.658亿美元），较2020年同季度的人民币11.386亿元增长164%。</li><li><b>商品销售收入</b>为人民币1,958.2百万元（3.033亿美元），较2020年同一季度的零增加人民币1,958.2百万元。</li></ul><b>收入总成本</b>为人民币78.979亿元（12.232亿美元），较2020年同一季度的人民币26.621亿元增长197%。该增加主要由于商品销售应占成本、支付处理费、云服务费以及交付和仓储费成本上升所致。</blockquote></p><p> <b>Total operating expenses</b>&nbsp;were&nbsp;RMB13,150.9 million(US$2,036.8 million), compared withRMB11,170.8 millionin the same quarter of 2020.</p><p><blockquote><b>营运开支总额</b>为人民币13,150.9百万元（2,036.8百万美元），而2020年同季度为人民币111,170.8百万元。</blockquote></p><p></p><p> <ul>  <li><b>Sales and marketing expenses</b>&nbsp;were&nbsp;RMB10,387.9 million(US$1,608.9 million), an increase of 14% fromRMB9,113.6 millionin the same quarter of 2020, mainly due to an increase in promotion and coupon expenses.</li>  <li><b>General and administrative expenses</b>&nbsp;were&nbsp;RMB434.2 million(US$67.2 million), an increase of 10% fromRMB394.8 millionin the same quarter of 2020.</li>  <li><b>Research and development expenses</b>&nbsp;were&nbsp;RMB2,328.8 million(US$360.7 million), an increase of 40% fromRMB1,662.4 millionin the same quarter of 2020. The increase was primarily due to an increase in headcount and the recruitment of more experienced R&amp;D personnel and an increase in R&amp;D-related cloud services expenses.</li> </ul> <b>Operating profit</b>&nbsp;in the quarter wasRMB1,997.5 million(US$309.4 million), compared with operating loss ofRMB1,639.6 millionin the same quarter of 2020.<b>Non-GAAP operating profit</b>&nbsp;in the quarter wasRMB3,185.2 million(US$493.3 million), compared with non-GAAP operating loss ofRMB725.1 millionin the same quarter of 2020.</p><p><blockquote><ul><li><b>销售及市场推广开支</b>为人民币10,387.9百万元（1,608.9百万美元），较二零二零年同季度的人民币9,113.6百万元增长14%，主要由于促销及优惠券开支增加所致。</li><li><b>一般及行政开支</b>为人民币4.342亿元（6720万美元），较2020年同季度的人民币3.948亿元增长10%。</li><li><b>研发开支</b>为人民币2,328.8百万元（3.607亿美元），较2020年同一季度的人民币1,662.4百万元增长40%。该增加主要由于员工人数增加及招聘更多经验丰富的研发人员以及研发相关云服务开支增加所致。</li></ul><b>营业溢利</b>该季度的经营亏损为人民币 19.975 亿元（3.094 亿美元），而 2020 年同季度的经营亏损为人民币 16.396 亿元。<b>非 GAAP 营业利润</b>本季度亏损为人民币 31.852 亿元（4.933 亿美元），而 2020 年同季度非 GAAP 运营亏损为人民币 7.251 亿元。</blockquote></p><p> <b>Net income attributable to ordinary shareholders</b>&nbsp;in the quarter wasRMB2,414.6 million(US$374.0 million), compared with net loss ofRMB899.3 millionin the same quarter of 2020.<b>Non-GAAP net income attributable to ordinary shareholders</b>&nbsp;in the quarter wasRMB4,125.3 million(US$638.9 million), compared with non-GAAP net loss ofRMB77.2 millionin the same quarter of 2020.</p><p><blockquote><b>归属于普通股股东的净利润</b>本季度净亏损为人民币24.146亿元（3.74亿美元），而2020年同季度净亏损为人民币8.993亿元。<b>非公认会计准则归属于普通股股东的净利润</b>本季度净亏损为人民币 41.253 亿元（6.389 亿美元），而 2020 年同季度非 GAAP 净亏损为人民币 7,720 万元。</blockquote></p><p> <b>Basic earnings per ADS</b>&nbsp;was&nbsp;RMB1.93(US$0.30) and&nbsp;<b>diluted earnings per ADS</b>&nbsp;was&nbsp;RMB1.69(US$0.27), compared with basic and diluted net loss per ADS ofRMB0.75in the same quarter of 2020.<b>Non-GAAP diluted earnings per ADS</b>&nbsp;was&nbsp;RMB2.85(US$0.44), compared with non-GAAP diluted net loss per ADS ofRMB0.06in the same quarter of 2020.</p><p><blockquote><b>每股广告基本收益</b>为人民币1.93元（0.30美元）及<b>每股美国存托凭证摊薄收益</b>为人民币 1.69 元（0.27 美元），而 2020 年同季度每股美国存托凭证的基本和摊薄净亏损为人民币 0.75 元。<b>非 GAAP 稀释每股 ADS 收益</b>为人民币 2.85 元（0.44 美元），而 2020 年同季度非 GAAP 摊薄每股美国存托凭证净亏损为人民币 0.06 元。</blockquote></p><p> <b>Net cash flow provided by operating activities</b>&nbsp;was&nbsp;RMB7,371.2 million(US$1,141.7 million), compared withRMB5,495.3 millionin the same quarter of 2020, primarily due to an increase in online marketing services revenues.</p><p><blockquote><b>经营活动提供的现金流量净额</b>营业额为人民币 7,371.2 百万元（1,141.7 百万美元），而 2020 年同季度为人民币 5,495.3 百万元，主要由于在线营销服务收入增加。</blockquote></p><p> <b>Cash, cash equivalents and short-term investments</b>were&nbsp;RMB&nbsp;92.2 billion(US$14.3 billion) as ofJune 30, 2021, compared withRMB87.0 billionas ofDecember 31, 2020.</p><p><blockquote><b>现金、现金等价物及短期投资</b>截至2021年6月30日为人民币922亿元（143亿美元），而截至2020年12月31日为人民币870亿元。</blockquote></p><p> <b>Recent Development</b></p><p><blockquote><b>近期发展</b></blockquote></p><p> As ofJuly 31, 2021,US$773.7 millionof the 0% convertible bonds due in 2024 have been converted into newly issued ADSs.</p><p><blockquote>截至2021年7月31日，2024年到期的0%可换股债券中的7.737亿美元已转换为新发行的美国存托凭证。</blockquote></p><p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nChina's Pinduoduo misses quarterly revenue expectations<blockquote>中国拼多多未达季度收入预期</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\">2021-08-24 19:24</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>Chinese e-commerce platform Pinduoduo Inc missed Wall Street expectations for quarterly revenue on Tuesday, hit by tough competition from larger rivals like Alibaba and JD.Com to tap into the pandemic-driven online shopping surge.</p><p><blockquote>中国电子商务平台拼多多周二的季度收入未达华尔街预期，受到阿里巴巴-SW和京东等大型竞争对手的激烈竞争，以利用疫情推动的在线购物激增。</blockquote></p><p> Total revenue was 23.05 billion yuan ($3.56 billion)in the second quarter ended June 30. Analysts on average expected revenue of 26.44 billion yuan, according to IBES data from Refinitiv.</p><p><blockquote>截至 6 月 30 日的第二季度总收入为 230.5 亿元人民币（35.6 亿美元）。根据路孚特的 IBES 数据，分析师平均预期营收为 264.4 亿元人民币。</blockquote></p><p> <a href=\"https://laohu8.com/RN?name=RNLive&amp;rndata=%7B%22liveId%22:%2216296953172882%22%7D\" target=\"_blank\">Q2 2021 Pinduoduo Inc Earnings Conference Call</a></p><p><blockquote><a href=\"https://laohu8.com/RN?name=RNLive&amp;rndata=%7B%22liveId%22:%2216296953172882%22%7D\" target=\"_blank\">2021 年第二季度拼多多公司收益电话会议</a></blockquote></p><p> <b>Second Quarter 2021 Highlights</b></p><p><blockquote><b>2021 年第二季度亮点</b></blockquote></p><p> <ul>  <li><b>Total revenues</b>&nbsp;in the quarter were&nbsp;RMB23,046.2 million(US$3,569.4 million), an increase of 89% from&nbsp;RMB12,193.3 millionin the same quarter of 2020.</li>  <li><b>Average monthly active users</b>&nbsp;in the quarter was 738.5 million, an increase of 30% from 568.8 million in the same quarter of 2020.</li>  <li><b>Active buyers</b>&nbsp;in the twelve-month period endedJune 30, 2021was 849.9 million, an increase of 24% from 683.2 million in the twelve-month period endedJune 30, 2020.</li>  <li><b>Operating profit</b>&nbsp;in the quarter wasRMB1,997.5 million(US$309.4 million), compared with operating loss ofRMB1,639.6 millionin the same quarter of 2020.<b>Non-GAAP&nbsp;operating profit</b>&nbsp;in the quarter wasRMB3,185.2 million(US$493.3 million), compared with non-GAAP operating loss ofRMB725.1 millionin the same quarter of 2020.</li>  <li><b>Net income attributable to ordinary shareholders</b>&nbsp;in the quarter wasRMB2,414.6 million(US$374.0 million), compared with net loss ofRMB899.3 millionin the same quarter of 2020.<b>Non-GAAP net income attributable to ordinary shareholders</b>&nbsp;in the quarter wasRMB4,125.3 million(US$638.9 million), compared with non-GAAP net loss ofRMB77.2 millionin the same quarter of 2020.</li> </ul> Pinduoduo&nbsp;shares&nbsp;were back to $84.01, up 3.6%.</p><p><blockquote><ul><li><b>收入总额</b>本季度营业额为人民币230.462亿元（35.694亿美元），较2020年同季度的人民币121.933亿元增长89%。</li><li><b>平均月活跃用户</b>本季度为 7.385 亿美元，比 2020 年同季度的 5.688 亿美元增长 30%。</li><li><b>活跃买家</b>截至2021年6月30日止12个月期间为8.499亿美元，较截至2020年6月30日止12个月期间的6.832亿美元增长24%。</li><li><b>营业溢利</b>该季度的运营亏损为人民币 19.975 亿元（3.094 亿美元），而 2020 年同季度的运营亏损为人民币 16.396 亿元。<b>非 GAAP 营业利润</b>本季度亏损为人民币 31.852 亿元（4.933 亿美元），而 2020 年同季度非 GAAP 运营亏损为人民币 7.251 亿元。</li><li><b>归属于普通股股东的净利润</b>本季度净亏损为人民币24.146亿元（3.74亿美元），而2020年同季度净亏损为人民币8.993亿元。<b>非公认会计准则归属于普通股股东的净利润</b>本季度净亏损为人民币 41.253 亿元（6.389 亿美元），而 2020 年同季度非 GAAP 净亏损为人民币 7,720 万元。</li></ul>拼多多股价回升至 84.01 美元，上涨 3.6%。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/cef551e259866b07f824d1785781e3b7\" tg-width=\"892\" tg-height=\"637\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p> “Agriculture has long been at the core of Pinduoduo’s corporate mission and strategy and the '10 Billion Agriculture Initiative' we announced today is a way for us to deepen our support for agricultural modernization and rural vitalization,” saidLei Chen, Chairman and CEO ofPinduoduo, who will oversee the initiative. “Investing in agriculture pays off for everyone because agriculture is the nexus of food security and quality, public health and environmental sustainability.”</p><p><blockquote>“农业长期以来一直是拼多多企业使命和战略的核心，我们今天宣布的'百亿农业计划'是我们深化对农业现代化和乡村振兴支持的一种方式，”将负责监督该计划的拼多多董事长兼首席执行官陈磊说。“投资农业对每个人都有好处，因为农业是粮食安全和质量、公共健康和环境可持续性的纽带”。</blockquote></p><p> “We continued to deliver strong execution in the quarter. Our total revenues, excluding contribution from merchandise sales, for the second quarter 2021 increased 73% from the prior year,” saidTony Ma, Vice President of Finance ofPinduoduo. “Agriculture remains our strategic priority, and we are committed to patient and continued investment in agriculture.”</p><p><blockquote>“我们在本季度继续保持强劲的执行力。2021 年第二季度，我们的总收入（不包括商品销售的贡献）比上年同期增长了 73%，”拼多多财务副总裁 Tony Ma 说。“农业仍然是我们的战略重点，我们致力于耐心和持续地投资农业。”</blockquote></p><p> <b>Second Quarter 2021 Unaudited Financial Results</b></p><p><blockquote><b>2021年第二季度未经审计财务业绩</b></blockquote></p><p> <b>Total revenues</b>&nbsp;were&nbsp;RMB23,046.2 million(US$3,569.4 million), an increase of 89% fromRMB12,193.3 millionin the same quarter of 2020. The increase was primarily due to an increase in revenues from online marketing services.</p><p><blockquote><b>收入总额</b>为人民币23,046.2百万元（3,569.4百万美元），较2020年同季度的人民币12,193.3百万元增长89%。该增加主要是由于在线营销服务收入增加所致。</blockquote></p><p> <ul>  <li><b>Revenues from online marketing services and others</b>&nbsp;were&nbsp;RMB18,080.4 million(US$2,800.3 million), an increase of 64% fromRMB11,054.7 millionin the same quarter of 2020.</li>  <li><b>Revenues from transaction services</b>&nbsp;were&nbsp;RMB3,007.6 million(US$465.8 million), an increase of 164% fromRMB1,138.6 millionin the same quarter of 2020.</li>  <li><b>Revenues from merchandise sales</b>&nbsp;were&nbsp;RMB1,958.2 million(US$303.3 million), an increase ofRMB1,958.2 millionfrom nil in the same quarter of 2020.</li> </ul> <b>Total costs of revenues</b>&nbsp;were&nbsp;RMB7,897.9 million(US$1,223.2 million), an increase of 197% fromRMB2,662.1 millionin the same quarter of 2020. The increase was mainly due to costs attributable to merchandise sales, higher cost of payment processing fees, cloud services fees, and delivery and storage fees.</p><p><blockquote><ul><li><b>来自在线营销服务及其他的收入</b>为人民币18,080.4百万元（2,800.3百万美元），较2020年同季度的人民币11,054.7百万元增长64%。</li><li><b>交易服务收入</b>为人民币30.076亿元（4.658亿美元），较2020年同季度的人民币11.386亿元增长164%。</li><li><b>商品销售收入</b>为人民币1,958.2百万元（3.033亿美元），较2020年同一季度的零增加人民币1,958.2百万元。</li></ul><b>收入总成本</b>为人民币78.979亿元（12.232亿美元），较2020年同一季度的人民币26.621亿元增长197%。该增加主要由于商品销售应占成本、支付处理费、云服务费以及交付和仓储费成本上升所致。</blockquote></p><p> <b>Total operating expenses</b>&nbsp;were&nbsp;RMB13,150.9 million(US$2,036.8 million), compared withRMB11,170.8 millionin the same quarter of 2020.</p><p><blockquote><b>营运开支总额</b>为人民币13,150.9百万元（2,036.8百万美元），而2020年同季度为人民币111,170.8百万元。</blockquote></p><p></p><p> <ul>  <li><b>Sales and marketing expenses</b>&nbsp;were&nbsp;RMB10,387.9 million(US$1,608.9 million), an increase of 14% fromRMB9,113.6 millionin the same quarter of 2020, mainly due to an increase in promotion and coupon expenses.</li>  <li><b>General and administrative expenses</b>&nbsp;were&nbsp;RMB434.2 million(US$67.2 million), an increase of 10% fromRMB394.8 millionin the same quarter of 2020.</li>  <li><b>Research and development expenses</b>&nbsp;were&nbsp;RMB2,328.8 million(US$360.7 million), an increase of 40% fromRMB1,662.4 millionin the same quarter of 2020. The increase was primarily due to an increase in headcount and the recruitment of more experienced R&amp;D personnel and an increase in R&amp;D-related cloud services expenses.</li> </ul> <b>Operating profit</b>&nbsp;in the quarter wasRMB1,997.5 million(US$309.4 million), compared with operating loss ofRMB1,639.6 millionin the same quarter of 2020.<b>Non-GAAP operating profit</b>&nbsp;in the quarter wasRMB3,185.2 million(US$493.3 million), compared with non-GAAP operating loss ofRMB725.1 millionin the same quarter of 2020.</p><p><blockquote><ul><li><b>销售及市场推广开支</b>为人民币10,387.9百万元（1,608.9百万美元），较二零二零年同季度的人民币9,113.6百万元增长14%，主要由于促销及优惠券开支增加所致。</li><li><b>一般及行政开支</b>为人民币4.342亿元（6720万美元），较2020年同季度的人民币3.948亿元增长10%。</li><li><b>研发开支</b>为人民币2,328.8百万元（3.607亿美元），较2020年同一季度的人民币1,662.4百万元增长40%。该增加主要由于员工人数增加及招聘更多经验丰富的研发人员以及研发相关云服务开支增加所致。</li></ul><b>营业溢利</b>该季度的经营亏损为人民币 19.975 亿元（3.094 亿美元），而 2020 年同季度的经营亏损为人民币 16.396 亿元。<b>非 GAAP 营业利润</b>本季度亏损为人民币 31.852 亿元（4.933 亿美元），而 2020 年同季度非 GAAP 运营亏损为人民币 7.251 亿元。</blockquote></p><p> <b>Net income attributable to ordinary shareholders</b>&nbsp;in the quarter wasRMB2,414.6 million(US$374.0 million), compared with net loss ofRMB899.3 millionin the same quarter of 2020.<b>Non-GAAP net income attributable to ordinary shareholders</b>&nbsp;in the quarter wasRMB4,125.3 million(US$638.9 million), compared with non-GAAP net loss ofRMB77.2 millionin the same quarter of 2020.</p><p><blockquote><b>归属于普通股股东的净利润</b>本季度净亏损为人民币24.146亿元（3.74亿美元），而2020年同季度净亏损为人民币8.993亿元。<b>非公认会计准则归属于普通股股东的净利润</b>本季度净亏损为人民币 41.253 亿元（6.389 亿美元），而 2020 年同季度非 GAAP 净亏损为人民币 7,720 万元。</blockquote></p><p> <b>Basic earnings per ADS</b>&nbsp;was&nbsp;RMB1.93(US$0.30) and&nbsp;<b>diluted earnings per ADS</b>&nbsp;was&nbsp;RMB1.69(US$0.27), compared with basic and diluted net loss per ADS ofRMB0.75in the same quarter of 2020.<b>Non-GAAP diluted earnings per ADS</b>&nbsp;was&nbsp;RMB2.85(US$0.44), compared with non-GAAP diluted net loss per ADS ofRMB0.06in the same quarter of 2020.</p><p><blockquote><b>每股广告基本收益</b>为人民币1.93元（0.30美元）及<b>每股美国存托凭证摊薄收益</b>为人民币 1.69 元（0.27 美元），而 2020 年同季度每股美国存托凭证的基本和摊薄净亏损为人民币 0.75 元。<b>非 GAAP 稀释每股 ADS 收益</b>为人民币 2.85 元（0.44 美元），而 2020 年同季度非 GAAP 摊薄每股美国存托凭证净亏损为人民币 0.06 元。</blockquote></p><p> <b>Net cash flow provided by operating activities</b>&nbsp;was&nbsp;RMB7,371.2 million(US$1,141.7 million), compared withRMB5,495.3 millionin the same quarter of 2020, primarily due to an increase in online marketing services revenues.</p><p><blockquote><b>经营活动提供的现金流量净额</b>营业额为人民币 7,371.2 百万元（1,141.7 百万美元），而 2020 年同季度为人民币 5,495.3 百万元，主要由于在线营销服务收入增加。</blockquote></p><p> <b>Cash, cash equivalents and short-term investments</b>were&nbsp;RMB&nbsp;92.2 billion(US$14.3 billion) as ofJune 30, 2021, compared withRMB87.0 billionas ofDecember 31, 2020.</p><p><blockquote><b>现金、现金等价物及短期投资</b>截至2021年6月30日为人民币922亿元（143亿美元），而截至2020年12月31日为人民币870亿元。</blockquote></p><p> <b>Recent Development</b></p><p><blockquote><b>近期发展</b></blockquote></p><p> As ofJuly 31, 2021,US$773.7 millionof the 0% convertible bonds due in 2024 have been converted into newly issued ADSs.</p><p><blockquote>截至2021年7月31日，2024年到期的0%可换股债券中的7.737亿美元已转换为新发行的美国存托凭证。</blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"PDD":"拼多多"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1194470972","content_text":"Chinese e-commerce platform Pinduoduo Inc missed Wall Street expectations for quarterly revenue on Tuesday, hit by tough competition from larger rivals like Alibaba and JD.Com to tap into the pandemic-driven online shopping surge.\nTotal revenue was 23.05 billion yuan ($3.56 billion)in the second quarter ended June 30. Analysts on average expected revenue of 26.44 billion yuan, according to IBES data from Refinitiv.\nQ2 2021 Pinduoduo Inc Earnings Conference Call\nSecond Quarter 2021 Highlights\n\nTotal revenues in the quarter were RMB23,046.2 million(US$3,569.4 million), an increase of 89% from RMB12,193.3 millionin the same quarter of 2020.\nAverage monthly active users in the quarter was 738.5 million, an increase of 30% from 568.8 million in the same quarter of 2020.\nActive buyers in the twelve-month period endedJune 30, 2021was 849.9 million, an increase of 24% from 683.2 million in the twelve-month period endedJune 30, 2020.\nOperating profit in the quarter wasRMB1,997.5 million(US$309.4 million), compared with operating loss ofRMB1,639.6 millionin the same quarter of 2020.Non-GAAP operating profit in the quarter wasRMB3,185.2 million(US$493.3 million), compared with non-GAAP operating loss ofRMB725.1 millionin the same quarter of 2020.\nNet income attributable to ordinary shareholders in the quarter wasRMB2,414.6 million(US$374.0 million), compared with net loss ofRMB899.3 millionin the same quarter of 2020.Non-GAAP net income attributable to ordinary shareholders in the quarter wasRMB4,125.3 million(US$638.9 million), compared with non-GAAP net loss ofRMB77.2 millionin the same quarter of 2020.\n\nPinduoduo shares were back to $84.01, up 3.6%.\n\n“Agriculture has long been at the core of Pinduoduo’s corporate mission and strategy and the '10 Billion Agriculture Initiative' we announced today is a way for us to deepen our support for agricultural modernization and rural vitalization,” saidLei Chen, Chairman and CEO ofPinduoduo, who will oversee the initiative. “Investing in agriculture pays off for everyone because agriculture is the nexus of food security and quality, public health and environmental sustainability.”\n“We continued to deliver strong execution in the quarter. Our total revenues, excluding contribution from merchandise sales, for the second quarter 2021 increased 73% from the prior year,” saidTony Ma, Vice President of Finance ofPinduoduo. “Agriculture remains our strategic priority, and we are committed to patient and continued investment in agriculture.”\nSecond Quarter 2021 Unaudited Financial Results\nTotal revenues were RMB23,046.2 million(US$3,569.4 million), an increase of 89% fromRMB12,193.3 millionin the same quarter of 2020. The increase was primarily due to an increase in revenues from online marketing services.\n\nRevenues from online marketing services and others were RMB18,080.4 million(US$2,800.3 million), an increase of 64% fromRMB11,054.7 millionin the same quarter of 2020.\nRevenues from transaction services were RMB3,007.6 million(US$465.8 million), an increase of 164% fromRMB1,138.6 millionin the same quarter of 2020.\nRevenues from merchandise sales were RMB1,958.2 million(US$303.3 million), an increase ofRMB1,958.2 millionfrom nil in the same quarter of 2020.\n\nTotal costs of revenues were RMB7,897.9 million(US$1,223.2 million), an increase of 197% fromRMB2,662.1 millionin the same quarter of 2020. The increase was mainly due to costs attributable to merchandise sales, higher cost of payment processing fees, cloud services fees, and delivery and storage fees.\nTotal operating expenses were RMB13,150.9 million(US$2,036.8 million), compared withRMB11,170.8 millionin the same quarter of 2020.\n\nSales and marketing expenses were RMB10,387.9 million(US$1,608.9 million), an increase of 14% fromRMB9,113.6 millionin the same quarter of 2020, mainly due to an increase in promotion and coupon expenses.\nGeneral and administrative expenses were RMB434.2 million(US$67.2 million), an increase of 10% fromRMB394.8 millionin the same quarter of 2020.\nResearch and development expenses were RMB2,328.8 million(US$360.7 million), an increase of 40% fromRMB1,662.4 millionin the same quarter of 2020. The increase was primarily due to an increase in headcount and the recruitment of more experienced R&D personnel and an increase in R&D-related cloud services expenses.\n\nOperating profit in the quarter wasRMB1,997.5 million(US$309.4 million), compared with operating loss ofRMB1,639.6 millionin the same quarter of 2020.Non-GAAP operating profit in the quarter wasRMB3,185.2 million(US$493.3 million), compared with non-GAAP operating loss ofRMB725.1 millionin the same quarter of 2020.\nNet income attributable to ordinary shareholders in the quarter wasRMB2,414.6 million(US$374.0 million), compared with net loss ofRMB899.3 millionin the same quarter of 2020.Non-GAAP net income attributable to ordinary shareholders in the quarter wasRMB4,125.3 million(US$638.9 million), compared with non-GAAP net loss ofRMB77.2 millionin the same quarter of 2020.\nBasic earnings per ADS was RMB1.93(US$0.30) and diluted earnings per ADS was RMB1.69(US$0.27), compared with basic and diluted net loss per ADS ofRMB0.75in the same quarter of 2020.Non-GAAP diluted earnings per ADS was RMB2.85(US$0.44), compared with non-GAAP diluted net loss per ADS ofRMB0.06in the same quarter of 2020.\nNet cash flow provided by operating activities was RMB7,371.2 million(US$1,141.7 million), compared withRMB5,495.3 millionin the same quarter of 2020, primarily due to an increase in online marketing services revenues.\nCash, cash equivalents and short-term investmentswere RMB 92.2 billion(US$14.3 billion) as ofJune 30, 2021, compared withRMB87.0 billionas ofDecember 31, 2020.\nRecent Development\nAs ofJuly 31, 2021,US$773.7 millionof the 0% convertible bonds due in 2024 have been converted into newly issued ADSs.","news_type":1,"symbols_score_info":{"PDD":0.9}},"isVote":1,"tweetType":1,"viewCount":853,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":838540510,"gmtCreate":1629420996630,"gmtModify":1631883827741,"author":{"id":"4087190496287010","authorId":"4087190496287010","name":"CKWong0572","avatar":"https://static.tigerbbs.com/2bfa856597aa3d910baaaeddb16ce56d","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4087190496287010","authorIdStr":"4087190496287010"},"themes":[],"title":"","htmlText":"One could say tat it's scary whn Chinese stocks crash, I've could have said US stocks are overpriced... so buy whn it's on great Chinese sale... don't regret it whn the sales is over...","listText":"One could say tat it's scary whn Chinese stocks crash, I've could have said US stocks are overpriced... so buy whn it's on great Chinese sale... don't regret it whn the sales is over...","text":"One could say tat it's scary whn Chinese stocks crash, I've could have said US stocks are overpriced... so buy whn it's on great Chinese sale... don't regret it whn the sales is over...","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/838540510","repostId":"1127010631","repostType":4,"repost":{"id":"1127010631","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":1629380357,"share":"https://www.laohunote.com/m/news/1127010631?lang=zh_CN&edition=full","pubTime":"2021-08-19 21:39","market":"us","language":"en","title":"Some China concepts stocks tumbled in morning trading<blockquote>一些中国概念股在早盘交易中暴跌</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1127010631","media":"Tiger Newspress","summary":"(Aug 19) Some China concepts stocks tumbled in morning trading. \nChinese technology stocks sold off,","content":"<p>(Aug 19)&nbsp;Some China concepts stocks tumbled in morning trading.&nbsp;</p><p><blockquote>（8月19日）部分中国概念股早盘暴跌。</blockquote></p><p> Chinese technology stocks sold off, led by some of the country’s Internet giants, after two government ministries said they were likely to impose additional regulations on the sector.</p><p><blockquote>在两个政府部门表示可能对该行业实施额外监管后，中国科技股在中国一些互联网巨头的带领下遭到抛售。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/e4310f534d8b053edff53a4c9e0acd6f\" tg-width=\"275\" tg-height=\"766\" 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 China concepts stocks tumbled in morning trading<blockquote>一些中国概念股在早盘交易中暴跌</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\">\nSome China concepts stocks tumbled in morning trading<blockquote>一些中国概念股在早盘交易中暴跌</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\">2021-08-19 21:39</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>(Aug 19)&nbsp;Some China concepts stocks tumbled in morning trading.&nbsp;</p><p><blockquote>（8月19日）部分中国概念股早盘暴跌。</blockquote></p><p> Chinese technology stocks sold off, led by some of the country’s Internet giants, after two government ministries said they were likely to impose additional regulations on the sector.</p><p><blockquote>在两个政府部门表示可能对该行业实施额外监管后，中国科技股在中国一些互联网巨头的带领下遭到抛售。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/e4310f534d8b053edff53a4c9e0acd6f\" tg-width=\"275\" tg-height=\"766\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1127010631","content_text":"(Aug 19) Some China concepts stocks tumbled in morning trading. \nChinese technology stocks sold off, led by some of the country’s Internet giants, after two government ministries said they were likely to impose additional regulations on the sector.","news_type":1,"symbols_score_info":{}},"isVote":1,"tweetType":1,"viewCount":1194,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":894234180,"gmtCreate":1628828050140,"gmtModify":1633689148249,"author":{"id":"4087190496287010","authorId":"4087190496287010","name":"CKWong0572","avatar":"https://static.tigerbbs.com/2bfa856597aa3d910baaaeddb16ce56d","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4087190496287010","authorIdStr":"4087190496287010"},"themes":[],"title":"","htmlText":"Haiz ....","listText":"Haiz ....","text":"Haiz ....","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/894234180","repostId":"1188620903","repostType":4,"isVote":1,"tweetType":1,"viewCount":961,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":895263369,"gmtCreate":1628748140851,"gmtModify":1633689789562,"author":{"id":"4087190496287010","authorId":"4087190496287010","name":"CKWong0572","avatar":"https://static.tigerbbs.com/2bfa856597aa3d910baaaeddb16ce56d","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4087190496287010","authorIdStr":"4087190496287010"},"themes":[],"title":"","htmlText":"I prefer BYD","listText":"I prefer BYD","text":"I prefer BYD","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/895263369","repostId":"1115545302","repostType":4,"repost":{"id":"1115545302","kind":"news","pubTimestamp":1628734190,"share":"https://www.laohunote.com/m/news/1115545302?lang=zh_CN&edition=full","pubTime":"2021-08-12 10:09","market":"us","language":"en","title":"Li Auto shares fall 2.1% in Hong Kong debut<blockquote>理想汽车股价在香港首次亮相时下跌 2.1%</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1115545302","media":"Reuters","summary":"Aug 12 (Reuters) - Chinese electric vehicle maker Li Auto shares slipped 2.1% below their offer pric","content":"<p>Aug 12 (Reuters) - Chinese electric vehicle maker Li Auto shares slipped 2.1% below their offer price of HK$118 in the company's trading debut at the Hong Kong Stock Exchange on Thursday.</p><p><blockquote>路透 8 月 12 日 - 中国电动汽车制造商理想汽车周四在香港联交所首次交易时，其股价较 118 港元的发售价下跌 2.1%。</blockquote></p><p> The company raised $1.52 billion by pricing its stock at HK$118 each in its dual primary listing in the city.</p><p><blockquote>该公司在该市的双重主要上市中以每股118港元的价格筹集了15.2亿美元。</blockquote></p><p> Hong Kong's Hang Seng Index(.HSI)was flat in early trade.</p><p><blockquote>香港恒生指数(.HSI)早盘持平。</blockquote></p><p> The weaker debut followed a 1.1% rise in New York-listed Li Auto shares on Wednesday.</p><p><blockquote>周三，纽约上市的理想汽车股价上涨 1.1%，随后开盘走弱。</blockquote></p><p> At HK$118 each, the price represented a 3.2% discount to the level where the New York stock was trading at before the Hong Kong deal was launched on Aug. 3.</p><p><blockquote>该价格为每股 118 港元，较 8 月 3 日香港交易启动前纽约股票交易水平折扣 3.2%。</blockquote></p><p> Li Auto had aimed to raise more but the stock dropped 4% in the United States last Thursday before the price was finalised which reduced the amount investors were willing to pay.</p><p><blockquote>理想汽车的目标是筹集更多资金，但上周四，在价格最终确定之前，该股在美国下跌了4%，这减少了投资者愿意支付的金额。</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>Li Auto shares fall 2.1% in Hong Kong debut<blockquote>理想汽车股价在香港首次亮相时下跌 2.1%</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\">\nLi Auto shares fall 2.1% in Hong Kong debut<blockquote>理想汽车股价在香港首次亮相时下跌 2.1%</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Reuters</strong><span class=\"h-time small\">2021-08-12 10:09</span>\n</p>\n</h4>\n</header>\n<article>\n<p>Aug 12 (Reuters) - Chinese electric vehicle maker Li Auto shares slipped 2.1% below their offer price of HK$118 in the company's trading debut at the Hong Kong Stock Exchange on Thursday.</p><p><blockquote>路透 8 月 12 日 - 中国电动汽车制造商理想汽车周四在香港联交所首次交易时，其股价较 118 港元的发售价下跌 2.1%。</blockquote></p><p> The company raised $1.52 billion by pricing its stock at HK$118 each in its dual primary listing in the city.</p><p><blockquote>该公司在该市的双重主要上市中以每股118港元的价格筹集了15.2亿美元。</blockquote></p><p> Hong Kong's Hang Seng Index(.HSI)was flat in early trade.</p><p><blockquote>香港恒生指数(.HSI)早盘持平。</blockquote></p><p> The weaker debut followed a 1.1% rise in New York-listed Li Auto shares on Wednesday.</p><p><blockquote>周三，纽约上市的理想汽车股价上涨 1.1%，随后开盘走弱。</blockquote></p><p> At HK$118 each, the price represented a 3.2% discount to the level where the New York stock was trading at before the Hong Kong deal was launched on Aug. 3.</p><p><blockquote>该价格为每股 118 港元，较 8 月 3 日香港交易启动前纽约股票交易水平折扣 3.2%。</blockquote></p><p> Li Auto had aimed to raise more but the stock dropped 4% in the United States last Thursday before the price was finalised which reduced the amount investors were willing to pay.</p><p><blockquote>理想汽车的目标是筹集更多资金，但上周四，在价格最终确定之前，该股在美国下跌了4%，这减少了投资者愿意支付的金额。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.reuters.com/business/autos-transportation/li-auto-shares-fall-21-hong-kong-debut-2021-08-12/\">Reuters</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"02015":"理想汽车-W","LI":"理想汽车"},"source_url":"https://www.reuters.com/business/autos-transportation/li-auto-shares-fall-21-hong-kong-debut-2021-08-12/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1115545302","content_text":"Aug 12 (Reuters) - Chinese electric vehicle maker Li Auto shares slipped 2.1% below their offer price of HK$118 in the company's trading debut at the Hong Kong Stock Exchange on Thursday.\nThe company raised $1.52 billion by pricing its stock at HK$118 each in its dual primary listing in the city.\nHong Kong's Hang Seng Index(.HSI)was flat in early trade.\nThe weaker debut followed a 1.1% rise in New York-listed Li Auto shares on Wednesday.\nAt HK$118 each, the price represented a 3.2% discount to the level where the New York stock was trading at before the Hong Kong deal was launched on Aug. 3.\nLi Auto had aimed to raise more but the stock dropped 4% in the United States last Thursday before the price was finalised which reduced the amount investors were willing to pay.","news_type":1,"symbols_score_info":{"LI":0.9,"02015":0.9}},"isVote":1,"tweetType":1,"viewCount":849,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":892665268,"gmtCreate":1628656400354,"gmtModify":1633745322804,"author":{"id":"4087190496287010","authorId":"4087190496287010","name":"CKWong0572","avatar":"https://static.tigerbbs.com/2bfa856597aa3d910baaaeddb16ce56d","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4087190496287010","authorIdStr":"4087190496287010"},"themes":[],"title":"","htmlText":"US stock will crash soon","listText":"US stock will crash soon","text":"US stock will crash soon","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/892665268","repostId":"1147144306","repostType":4,"repost":{"id":"1147144306","kind":"news","pubTimestamp":1628651652,"share":"https://www.laohunote.com/m/news/1147144306?lang=zh_CN&edition=full","pubTime":"2021-08-11 11:14","market":"sh","language":"en","title":"What stocks and sectors will benefit from the infrastructure bill?<blockquote>哪些股票和行业将从基础设施法案中受益？</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1147144306","media":"Market Wacth","summary":"What assets are set to score a boost after the U.S. Senate passed a roughly $1 trillion infrastructure package with broad bipartisan support Tuesday, putting it on track to possibly be passed by the House and be signed into law by President Joe Biden?Thebill reauthorizes spendingon existing federal public-works programs and pours a fresh $550 billion into water projects, the electrical grid and safety efforts. It includes $110 billion for roads, bridges and other projects, as well as $66 billion","content":"<p>What assets are set to score a boost after the U.S. Senate passed a roughly $1 trillion infrastructure package with broad bipartisan support Tuesday, putting it on track to possibly be passed by the House and be signed into law by President Joe Biden?</p><p><blockquote>在美国之后，哪些资产将获得提振。参议院周二在两党广泛支持下通过了一项约1万亿美元的基础设施建设方案，使其有可能在众议院获得通过，并由乔·拜登总统签署成为法律？</blockquote></p><p> Thebill reauthorizes spendingon existing federal public-works programs and pours a fresh $550 billion into water projects, the electrical grid and safety efforts. It includes $110 billion for roads, bridges and other projects, as well as $66 billion for rail, $65 billion for broadband internet and $55 billion for water systems.</p><p><blockquote>该法案重新授权现有联邦公共工程项目的支出，并向供水项目、电网和安全工作注入新的5500亿美元。其中包括1100亿美元用于道路、桥梁和其他项目，以及660亿美元用于铁路、650亿美元用于宽带互联网和550亿美元用于供水系统。</blockquote></p><p> Some analysts say that much of the bill’s positive impact on the economy have already been priced into financial markets but it is possible that a further fillip for stocks could be enjoyed, especially as worries linger about the potential for the delta variant of COVID-19 to stymie aspects of the economic recovery from the deadly pandemic.</p><p><blockquote>一些分析师说，该法案对经济的大部分积极影响已经被金融市场所消化，但股市有可能进一步受到提振，尤其是在人们仍然担心 COVID-19 德尔塔变异毒株可能会阻碍经济从致命大流行病中复苏的各个方面。</blockquote></p><p> “The passage of the&nbsp;infrastructure&nbsp;bill is a nice headline but unlikely to be a big market mover at this point,” wrote Brian Price, head of investment management at Commonwealth Financial Network in emailed remarks.</p><p><blockquote>“联邦金融网（Commonwealth Financial Network）投资管理主管布莱恩-普莱斯（Brian Price）在电子邮件评论中写道：”基础设施法案的通过是一个不错的头条新闻，但目前不太可能成为一个巨大的市场推动者。</blockquote></p><p> “I think a lot of the enthusiasm has been priced in over the past few weeks and investors are focused on other factors at this point,” he said, perhaps, referring to investors’ current fixation over the likelihood that the Federal Reserve will taper its monthly purchases of $120 billion in Treasurys and mortgage-backed securities, which had helped to stabilize the market during the height the pandemic back in March and April of 2020.</p><p><blockquote>“他说：”我认为，在过去的几周里，很多人的热情都被消化了，投资者目前正关注其他因素。他说，这或许指的是投资者目前对美联储可能逐步减少每月1200亿美元的国债和抵押贷款支持证券购买量的关注，而这在2020年3月和4月大流行病最严重的时候曾帮助稳定了市场。</blockquote></p><p> Still, the stock market was headed higher on Tuesday, with the Dow Jones Industrial AverageDJIA,+0.46%and S&amp;P 500SPX,+0.10%at or near all-time closing highs, after the bill’s passage in the Upper chamber, with a 69-to-30 vote, with 19 Republicans also joining the Democratic yeas, The Wall Street Journal reported.</p><p><blockquote>尽管如此，周二股市仍走高，道琼斯工业平均指数（Dow Jones Industrial AverageDJIA）上涨0.46%，标准普尔500SPX上涨0.10%，创下或接近历史收盘高点。据《华尔街日报》报道，该法案在上议院以69票对30票获得通过，19名共和党人也加入了民主党的行列。</blockquote></p><p> A popular exchange-traded fund that offers exposure to stocks that would benefit from an infrastructure bill, the <a href=\"https://laohu8.com/S/EFFE\">Global X</a> U.S. Infrastructure Development ETFPAVE,+2.19%,was up 2.2% on Tuesday and has climbed 4.7% within the past 30 days, FactSet data show.<img src=\"https://static.tigerbbs.com/d21f2ed025a84fdc2840732cbf4dff62\" tg-width=\"825\" tg-height=\"525\" referrerpolicy=\"no-referrer\">Pave the way higher?The 'PAVE' ETF has been rising over the past 30 daysGlobal X US Infrastructure Development ETFSource: FactSetAs of Aug. 10, 4 p.m. ETJune 2021Aug.24.525.025.526.026.527.0$27.5</p><p><blockquote>这是一只受欢迎的交易所交易基金，提供受益于基础设施法案的股票敞口<a href=\"https://laohu8.com/S/EFFE\">全球X</a>FactSet 数据显示，美国基础设施发展 ETFPAVE(+2.19%) 周二上涨 2.2%，过去 30 天内上涨 4.7%。铺路更高？“PAVE”ETF 在过去 30 天里一直在上涨Global X US Infrastructure Development ETF 资料来源：FactSetAs 8 月 10 日下午 4 点ET2021年6月Aug.24.525.025.526.026.527.0$27.5</blockquote></p><p> PAVE, referring to the infrastructure ETFs ticker symbol is up 28% so far in 2021, compared with year-to-date gains of around 15% for the S&amp;P 500 and the Dow.</p><p><blockquote>PAVE（指基础设施 ETF 股票代码）在 2021 年迄今已上涨 28%，而标普500和道琼斯指数今年迄今已上涨约 15%。</blockquote></p><p> PAVE holds 100 stocks, from small-cap to large-cap companies, that derive at least 50% of revenue from infrastructure construction, materials and equipment supply and related services in the U.S.</p><p><blockquote>PAVE 持有 100 只股票，从小盘股到大盘股公司，这些公司至少 50% 的收入来自美国的基础设施建设、材料和设备供应以及相关服务。</blockquote></p><p> Similarly, the <a href=\"https://laohu8.com/S/IFRA\">iShares U.S. Infrastructure ETF</a>IFRA,+1.45%,another way to play infrastructure, rose 1.3% on Tuesday and is up nearly 22% in the first eight months of the year. The iShares ETF also includes 20 electric utilities and four water utilities, and for that reason isn’t always viewed as a pure-play infrastructure fund.</p><p><blockquote>同样，<a href=\"https://laohu8.com/S/IFRA\">iShares 美国基础设施 ETF</a>IFRA 上涨 1.45%，是另一种投资基础设施的方式，周二上涨 1.3%，今年前八个月上涨近 22%。iShares ETF 还包括 20 家电力公司和 4 家水务公司，因此并不总是被视为纯粹的基础设施基金。</blockquote></p><p> The Industrial <a href=\"https://laohu8.com/S/SLCT\">Select</a> Sector SPDR ETFXLI,+1.02%,which tracks the S&amp;P 500’s industrial sector, was up 1% on Tuesday and has gained nearly 18% in the year so far.</p><p><blockquote>工业<a href=\"https://laohu8.com/S/SLCT\">选择</a>跟踪标普500工业部门的 SPDR ETFXLI,+1.02%，周二上涨 1%，今年迄今已上涨近 18%。</blockquote></p><p> Back in the spring MarketWatch’s Philip van Doorn wrote that there are about 20 companies that are included in PAVE that might have the most upsidepotential for investors. Those include <a href=\"https://laohu8.com/S/TISI\">Team</a> Inc., which was up 4.4% on Tuesday but has declined 56% in the year to date and <a href=\"https://laohu8.com/S/PRIM\">Primoris</a>, which was up 2.9% on the day but down 3.6% so far this year.</p><p><blockquote>早在春季，MarketWatch 的菲利普-范-多恩（Philip van Doorn）就写道，PAVE 中大约有 20 家公司可能对投资者来说最具上涨潜力。其中包括<a href=\"https://laohu8.com/S/TISI\">团队</a>周二上涨 4.4%，但今年迄今已下跌 56%<a href=\"https://laohu8.com/S/PRIM\">滨海</a>当天上涨 2.9%，但今年迄今已下跌 3.6%。</blockquote></p><p></p><p> <table>  <tbody>   <tr>    <td><b>Company names</b></td>    <td><b>YTD % return</b></td>   </tr>   <tr>    <td>Team Inc.TISI,+4.37%</td>    <td>-56.83</td>   </tr>   <tr>    <td>Primoris Services Corp.PRIM,+2.90%</td>    <td>-3.6%</td>   </tr>   <tr>    <td><a href=\"https://laohu8.com/S/CMCO\">Columbus McKinnon</a> Corp.CMCO,+2.03%</td>    <td>17.6%</td>   </tr>   <tr>    <td><a href=\"https://laohu8.com/S/BLDR\">Builders FirstSource</a> Inc.BLDR,+2.72%</td>    <td>19.6%</td>   </tr>   <tr>    <td><a href=\"https://laohu8.com/S/WMS\">Advanced Drainage</a> Systems Inc.WMS,+1.89%</td>    <td>40%</td>   </tr>   <tr>    <td><a href=\"https://laohu8.com/S/AIMCV\">Altra Industrial Motion Corp.</a>AIMC,+3.15%</td>    <td>10.5%</td>   </tr>   <tr>    <td><a href=\"https://laohu8.com/S/DY\">Dycom</a> IndustriesDY,-0.96%</td>    <td>-5.7%</td>   </tr>   <tr>    <td>Cleveland-Cliffs Inc.CLF,+5.05%</td>    <td>78.7%</td>   </tr>   <tr>    <td><a href=\"https://laohu8.com/S/RXN\">Rexnord</a> Corp.RXN,+1.91%</td>    <td>51%</td>   </tr>   <tr>    <td><a href=\"https://laohu8.com/S/HRI\">Herc</a> Holdings Inc.HRI,+2.28%</td>    <td>90%</td>   </tr>  </tbody> </table> Overall, the investment in infrastructure is the biggest investment in roads, bridges and tunnels and other areas of America’s inner workings in a generation.</p><p><blockquote><table><tbody><tr><td><b>公司名称</b></td><td><b>年初至今百分比回报率</b></td></tr><tr><td>Team Inc.TISI,+4.37%</td><td>-56.83</td></tr><tr><td>Primoris Services Corp.PRIM,+2.90%</td><td>-3.6%</td></tr><tr><td><a href=\"https://laohu8.com/S/CMCO\">哥伦布·麦金农</a>CMCO公司，+2.03%</td><td>17.6%</td></tr><tr><td><a href=\"https://laohu8.com/S/BLDR\">建筑商第一来源</a>公司BLDR，+2.72%</td><td>19.6%</td></tr><tr><td><a href=\"https://laohu8.com/S/WMS\">高级引流</a>Systems Inc.WMS,+1.89%</td><td>40%</td></tr><tr><td><a href=\"https://laohu8.com/S/AIMCV\">阿尔特拉工业运动公司。</a>AIMC，+3.15%</td><td>10.5%</td></tr><tr><td><a href=\"https://laohu8.com/S/DY\">戴康</a>工业日，-0.96%</td><td>-5.7%</td></tr><tr><td>克利夫兰悬崖公司 CLF,+5.05%</td><td>78.7%</td></tr><tr><td><a href=\"https://laohu8.com/S/RXN\">雷克斯诺德</a>RXN公司，+1.91%</td><td>51%</td></tr><tr><td><a href=\"https://laohu8.com/S/HRI\">赫克</a>控股公司HRI,+2.28%</td><td>90%</td></tr></tbody></table>总体而言，基础设施投资是一代人以来对道路、桥梁、隧道和美国内部运作其他领域最大的投资。</blockquote></p><p> Edward Moya, analyst at Oanda, said that the infrastructure package, should it get quickly passed by the House, is very constructive in “driving the cyclical trade,” particularly as there have been concerns about the delta variant of COVID.</p><p><blockquote>Oanda 分析师 Edward Moya 说，基础设施一揽子计划如果能在众议院迅速获得通过，将对 “推动周期性贸易 ”非常有建设性，尤其是在人们对 COVID 的德尔塔变异毒株感到担忧的情况下。</blockquote></p><p> “Spending will take a few years to ramp up and will in any case be spread over the rest of the decade,” said Michael Pearce, senior U.S. economist at Capital Economics, in a recent note.</p><p><blockquote>“凯投宏观（Capital Economics）美国高级经济学家迈克尔-皮尔斯（Michael Pearce）在最近的一份报告中说：”支出需要几年时间才能增加，而且无论如何都将分散到十年的剩余时间里。</blockquote></p><p></p>","source":"lsy1604288433698","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>What stocks and sectors will benefit from the infrastructure bill?<blockquote>哪些股票和行业将从基础设施法案中受益？</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\">\nWhat stocks and sectors will benefit from the infrastructure bill?<blockquote>哪些股票和行业将从基础设施法案中受益？</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Market Wacth</strong><span class=\"h-time small\">2021-08-11 11:14</span>\n</p>\n</h4>\n</header>\n<article>\n<p>What assets are set to score a boost after the U.S. Senate passed a roughly $1 trillion infrastructure package with broad bipartisan support Tuesday, putting it on track to possibly be passed by the House and be signed into law by President Joe Biden?</p><p><blockquote>在美国之后，哪些资产将获得提振。参议院周二在两党广泛支持下通过了一项约1万亿美元的基础设施建设方案，使其有可能在众议院获得通过，并由乔·拜登总统签署成为法律？</blockquote></p><p> Thebill reauthorizes spendingon existing federal public-works programs and pours a fresh $550 billion into water projects, the electrical grid and safety efforts. It includes $110 billion for roads, bridges and other projects, as well as $66 billion for rail, $65 billion for broadband internet and $55 billion for water systems.</p><p><blockquote>该法案重新授权现有联邦公共工程项目的支出，并向供水项目、电网和安全工作注入新的5500亿美元。其中包括1100亿美元用于道路、桥梁和其他项目，以及660亿美元用于铁路、650亿美元用于宽带互联网和550亿美元用于供水系统。</blockquote></p><p> Some analysts say that much of the bill’s positive impact on the economy have already been priced into financial markets but it is possible that a further fillip for stocks could be enjoyed, especially as worries linger about the potential for the delta variant of COVID-19 to stymie aspects of the economic recovery from the deadly pandemic.</p><p><blockquote>一些分析师说，该法案对经济的大部分积极影响已经被金融市场所消化，但股市有可能进一步受到提振，尤其是在人们仍然担心 COVID-19 德尔塔变异毒株可能会阻碍经济从致命大流行病中复苏的各个方面。</blockquote></p><p> “The passage of the&nbsp;infrastructure&nbsp;bill is a nice headline but unlikely to be a big market mover at this point,” wrote Brian Price, head of investment management at Commonwealth Financial Network in emailed remarks.</p><p><blockquote>“联邦金融网（Commonwealth Financial Network）投资管理主管布莱恩-普莱斯（Brian Price）在电子邮件评论中写道：”基础设施法案的通过是一个不错的头条新闻，但目前不太可能成为一个巨大的市场推动者。</blockquote></p><p> “I think a lot of the enthusiasm has been priced in over the past few weeks and investors are focused on other factors at this point,” he said, perhaps, referring to investors’ current fixation over the likelihood that the Federal Reserve will taper its monthly purchases of $120 billion in Treasurys and mortgage-backed securities, which had helped to stabilize the market during the height the pandemic back in March and April of 2020.</p><p><blockquote>“他说：”我认为，在过去的几周里，很多人的热情都被消化了，投资者目前正关注其他因素。他说，这或许指的是投资者目前对美联储可能逐步减少每月1200亿美元的国债和抵押贷款支持证券购买量的关注，而这在2020年3月和4月大流行病最严重的时候曾帮助稳定了市场。</blockquote></p><p> Still, the stock market was headed higher on Tuesday, with the Dow Jones Industrial AverageDJIA,+0.46%and S&amp;P 500SPX,+0.10%at or near all-time closing highs, after the bill’s passage in the Upper chamber, with a 69-to-30 vote, with 19 Republicans also joining the Democratic yeas, The Wall Street Journal reported.</p><p><blockquote>尽管如此，周二股市仍走高，道琼斯工业平均指数（Dow Jones Industrial AverageDJIA）上涨0.46%，标准普尔500SPX上涨0.10%，创下或接近历史收盘高点。据《华尔街日报》报道，该法案在上议院以69票对30票获得通过，19名共和党人也加入了民主党的行列。</blockquote></p><p> A popular exchange-traded fund that offers exposure to stocks that would benefit from an infrastructure bill, the <a href=\"https://laohu8.com/S/EFFE\">Global X</a> U.S. Infrastructure Development ETFPAVE,+2.19%,was up 2.2% on Tuesday and has climbed 4.7% within the past 30 days, FactSet data show.<img src=\"https://static.tigerbbs.com/d21f2ed025a84fdc2840732cbf4dff62\" tg-width=\"825\" tg-height=\"525\" referrerpolicy=\"no-referrer\">Pave the way higher?The 'PAVE' ETF has been rising over the past 30 daysGlobal X US Infrastructure Development ETFSource: FactSetAs of Aug. 10, 4 p.m. ETJune 2021Aug.24.525.025.526.026.527.0$27.5</p><p><blockquote>这是一只受欢迎的交易所交易基金，提供受益于基础设施法案的股票敞口<a href=\"https://laohu8.com/S/EFFE\">全球X</a>FactSet 数据显示，美国基础设施发展 ETFPAVE(+2.19%) 周二上涨 2.2%，过去 30 天内上涨 4.7%。铺路更高？“PAVE”ETF 在过去 30 天里一直在上涨Global X US Infrastructure Development ETF 资料来源：FactSetAs 8 月 10 日下午 4 点ET2021年6月Aug.24.525.025.526.026.527.0$27.5</blockquote></p><p> PAVE, referring to the infrastructure ETFs ticker symbol is up 28% so far in 2021, compared with year-to-date gains of around 15% for the S&amp;P 500 and the Dow.</p><p><blockquote>PAVE（指基础设施 ETF 股票代码）在 2021 年迄今已上涨 28%，而标普500和道琼斯指数今年迄今已上涨约 15%。</blockquote></p><p> PAVE holds 100 stocks, from small-cap to large-cap companies, that derive at least 50% of revenue from infrastructure construction, materials and equipment supply and related services in the U.S.</p><p><blockquote>PAVE 持有 100 只股票，从小盘股到大盘股公司，这些公司至少 50% 的收入来自美国的基础设施建设、材料和设备供应以及相关服务。</blockquote></p><p> Similarly, the <a href=\"https://laohu8.com/S/IFRA\">iShares U.S. Infrastructure ETF</a>IFRA,+1.45%,another way to play infrastructure, rose 1.3% on Tuesday and is up nearly 22% in the first eight months of the year. The iShares ETF also includes 20 electric utilities and four water utilities, and for that reason isn’t always viewed as a pure-play infrastructure fund.</p><p><blockquote>同样，<a href=\"https://laohu8.com/S/IFRA\">iShares 美国基础设施 ETF</a>IFRA 上涨 1.45%，是另一种投资基础设施的方式，周二上涨 1.3%，今年前八个月上涨近 22%。iShares ETF 还包括 20 家电力公司和 4 家水务公司，因此并不总是被视为纯粹的基础设施基金。</blockquote></p><p> The Industrial <a href=\"https://laohu8.com/S/SLCT\">Select</a> Sector SPDR ETFXLI,+1.02%,which tracks the S&amp;P 500’s industrial sector, was up 1% on Tuesday and has gained nearly 18% in the year so far.</p><p><blockquote>工业<a href=\"https://laohu8.com/S/SLCT\">选择</a>跟踪标普500工业部门的 SPDR ETFXLI,+1.02%，周二上涨 1%，今年迄今已上涨近 18%。</blockquote></p><p> Back in the spring MarketWatch’s Philip van Doorn wrote that there are about 20 companies that are included in PAVE that might have the most upsidepotential for investors. Those include <a href=\"https://laohu8.com/S/TISI\">Team</a> Inc., which was up 4.4% on Tuesday but has declined 56% in the year to date and <a href=\"https://laohu8.com/S/PRIM\">Primoris</a>, which was up 2.9% on the day but down 3.6% so far this year.</p><p><blockquote>早在春季，MarketWatch 的菲利普-范-多恩（Philip van Doorn）就写道，PAVE 中大约有 20 家公司可能对投资者来说最具上涨潜力。其中包括<a href=\"https://laohu8.com/S/TISI\">团队</a>周二上涨 4.4%，但今年迄今已下跌 56%<a href=\"https://laohu8.com/S/PRIM\">滨海</a>当天上涨 2.9%，但今年迄今已下跌 3.6%。</blockquote></p><p></p><p> <table>  <tbody>   <tr>    <td><b>Company names</b></td>    <td><b>YTD % return</b></td>   </tr>   <tr>    <td>Team Inc.TISI,+4.37%</td>    <td>-56.83</td>   </tr>   <tr>    <td>Primoris Services Corp.PRIM,+2.90%</td>    <td>-3.6%</td>   </tr>   <tr>    <td><a href=\"https://laohu8.com/S/CMCO\">Columbus McKinnon</a> Corp.CMCO,+2.03%</td>    <td>17.6%</td>   </tr>   <tr>    <td><a href=\"https://laohu8.com/S/BLDR\">Builders FirstSource</a> Inc.BLDR,+2.72%</td>    <td>19.6%</td>   </tr>   <tr>    <td><a href=\"https://laohu8.com/S/WMS\">Advanced Drainage</a> Systems Inc.WMS,+1.89%</td>    <td>40%</td>   </tr>   <tr>    <td><a href=\"https://laohu8.com/S/AIMCV\">Altra Industrial Motion Corp.</a>AIMC,+3.15%</td>    <td>10.5%</td>   </tr>   <tr>    <td><a href=\"https://laohu8.com/S/DY\">Dycom</a> IndustriesDY,-0.96%</td>    <td>-5.7%</td>   </tr>   <tr>    <td>Cleveland-Cliffs Inc.CLF,+5.05%</td>    <td>78.7%</td>   </tr>   <tr>    <td><a href=\"https://laohu8.com/S/RXN\">Rexnord</a> Corp.RXN,+1.91%</td>    <td>51%</td>   </tr>   <tr>    <td><a href=\"https://laohu8.com/S/HRI\">Herc</a> Holdings Inc.HRI,+2.28%</td>    <td>90%</td>   </tr>  </tbody> </table> Overall, the investment in infrastructure is the biggest investment in roads, bridges and tunnels and other areas of America’s inner workings in a generation.</p><p><blockquote><table><tbody><tr><td><b>公司名称</b></td><td><b>年初至今百分比回报率</b></td></tr><tr><td>Team Inc.TISI,+4.37%</td><td>-56.83</td></tr><tr><td>Primoris Services Corp.PRIM,+2.90%</td><td>-3.6%</td></tr><tr><td><a href=\"https://laohu8.com/S/CMCO\">哥伦布·麦金农</a>CMCO公司，+2.03%</td><td>17.6%</td></tr><tr><td><a href=\"https://laohu8.com/S/BLDR\">建筑商第一来源</a>公司BLDR，+2.72%</td><td>19.6%</td></tr><tr><td><a href=\"https://laohu8.com/S/WMS\">高级引流</a>Systems Inc.WMS,+1.89%</td><td>40%</td></tr><tr><td><a href=\"https://laohu8.com/S/AIMCV\">阿尔特拉工业运动公司。</a>AIMC，+3.15%</td><td>10.5%</td></tr><tr><td><a href=\"https://laohu8.com/S/DY\">戴康</a>工业日，-0.96%</td><td>-5.7%</td></tr><tr><td>克利夫兰悬崖公司 CLF,+5.05%</td><td>78.7%</td></tr><tr><td><a href=\"https://laohu8.com/S/RXN\">雷克斯诺德</a>RXN公司，+1.91%</td><td>51%</td></tr><tr><td><a href=\"https://laohu8.com/S/HRI\">赫克</a>控股公司HRI,+2.28%</td><td>90%</td></tr></tbody></table>总体而言，基础设施投资是一代人以来对道路、桥梁、隧道和美国内部运作其他领域最大的投资。</blockquote></p><p> Edward Moya, analyst at Oanda, said that the infrastructure package, should it get quickly passed by the House, is very constructive in “driving the cyclical trade,” particularly as there have been concerns about the delta variant of COVID.</p><p><blockquote>Oanda 分析师 Edward Moya 说，基础设施一揽子计划如果能在众议院迅速获得通过，将对 “推动周期性贸易 ”非常有建设性，尤其是在人们对 COVID 的德尔塔变异毒株感到担忧的情况下。</blockquote></p><p> “Spending will take a few years to ramp up and will in any case be spread over the rest of the decade,” said Michael Pearce, senior U.S. economist at Capital Economics, in a recent note.</p><p><blockquote>“凯投宏观（Capital Economics）美国高级经济学家迈克尔-皮尔斯（Michael Pearce）在最近的一份报告中说：”支出需要几年时间才能增加，而且无论如何都将分散到十年的剩余时间里。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.marketwatch.com/story/what-stocks-and-sectors-will-benefit-from-the-infrastructure-bill-11628628331?mod=home-page\">Market Wacth</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":{"XLI":"工业指数ETF-SPDR","PRIM":"Primoris Services Corporation","TISI":"Team Inc","WMS":"Advanced Drainage","CLF":"克利夫兰克里夫","DY":"戴康工业","CMCO":"哥伦布-麦金农","HRI":"Herc Holdings Inc.","BLDR":"Builders FirstSource","IFRA":"iShares U.S. Infrastructure ETF"},"source_url":"https://www.marketwatch.com/story/what-stocks-and-sectors-will-benefit-from-the-infrastructure-bill-11628628331?mod=home-page","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1147144306","content_text":"What assets are set to score a boost after the U.S. Senate passed a roughly $1 trillion infrastructure package with broad bipartisan support Tuesday, putting it on track to possibly be passed by the House and be signed into law by President Joe Biden?\nThebill reauthorizes spendingon existing federal public-works programs and pours a fresh $550 billion into water projects, the electrical grid and safety efforts. It includes $110 billion for roads, bridges and other projects, as well as $66 billion for rail, $65 billion for broadband internet and $55 billion for water systems.\nSome analysts say that much of the bill’s positive impact on the economy have already been priced into financial markets but it is possible that a further fillip for stocks could be enjoyed, especially as worries linger about the potential for the delta variant of COVID-19 to stymie aspects of the economic recovery from the deadly pandemic.\n“The passage of the infrastructure bill is a nice headline but unlikely to be a big market mover at this point,” wrote Brian Price, head of investment management at Commonwealth Financial Network in emailed remarks.\n“I think a lot of the enthusiasm has been priced in over the past few weeks and investors are focused on other factors at this point,” he said, perhaps, referring to investors’ current fixation over the likelihood that the Federal Reserve will taper its monthly purchases of $120 billion in Treasurys and mortgage-backed securities, which had helped to stabilize the market during the height the pandemic back in March and April of 2020.\nStill, the stock market was headed higher on Tuesday, with the Dow Jones Industrial AverageDJIA,+0.46%and S&P 500SPX,+0.10%at or near all-time closing highs, after the bill’s passage in the Upper chamber, with a 69-to-30 vote, with 19 Republicans also joining the Democratic yeas, The Wall Street Journal reported.\nA popular exchange-traded fund that offers exposure to stocks that would benefit from an infrastructure bill, the Global X U.S. Infrastructure Development ETFPAVE,+2.19%,was up 2.2% on Tuesday and has climbed 4.7% within the past 30 days, FactSet data show.Pave the way higher?The 'PAVE' ETF has been rising over the past 30 daysGlobal X US Infrastructure Development ETFSource: FactSetAs of Aug. 10, 4 p.m. ETJune 2021Aug.24.525.025.526.026.527.0$27.5\nPAVE, referring to the infrastructure ETFs ticker symbol is up 28% so far in 2021, compared with year-to-date gains of around 15% for the S&P 500 and the Dow.\nPAVE holds 100 stocks, from small-cap to large-cap companies, that derive at least 50% of revenue from infrastructure construction, materials and equipment supply and related services in the U.S.\nSimilarly, the iShares U.S. Infrastructure ETFIFRA,+1.45%,another way to play infrastructure, rose 1.3% on Tuesday and is up nearly 22% in the first eight months of the year. The iShares ETF also includes 20 electric utilities and four water utilities, and for that reason isn’t always viewed as a pure-play infrastructure fund.\nThe Industrial Select Sector SPDR ETFXLI,+1.02%,which tracks the S&P 500’s industrial sector, was up 1% on Tuesday and has gained nearly 18% in the year so far.\nBack in the spring MarketWatch’s Philip van Doorn wrote that there are about 20 companies that are included in PAVE that might have the most upsidepotential for investors. Those include Team Inc., which was up 4.4% on Tuesday but has declined 56% in the year to date and Primoris, which was up 2.9% on the day but down 3.6% so far this year.\n\n\n\nCompany names\nYTD % return\n\n\nTeam Inc.TISI,+4.37%\n-56.83\n\n\nPrimoris Services Corp.PRIM,+2.90%\n-3.6%\n\n\nColumbus McKinnon Corp.CMCO,+2.03%\n17.6%\n\n\nBuilders FirstSource Inc.BLDR,+2.72%\n19.6%\n\n\nAdvanced Drainage Systems Inc.WMS,+1.89%\n40%\n\n\nAltra Industrial Motion Corp.AIMC,+3.15%\n10.5%\n\n\nDycom IndustriesDY,-0.96%\n-5.7%\n\n\nCleveland-Cliffs Inc.CLF,+5.05%\n78.7%\n\n\nRexnord Corp.RXN,+1.91%\n51%\n\n\nHerc Holdings Inc.HRI,+2.28%\n90%\n\n\n\nOverall, the investment in infrastructure is the biggest investment in roads, bridges and tunnels and other areas of America’s inner workings in a generation.\nEdward Moya, analyst at Oanda, said that the infrastructure package, should it get quickly passed by the House, is very constructive in “driving the cyclical trade,” particularly as there have been concerns about the delta variant of COVID.\n“Spending will take a few years to ramp up and will in any case be spread over the rest of the decade,” said Michael Pearce, senior U.S. economist at Capital Economics, in a recent note.","news_type":1,"symbols_score_info":{"DY":0.9,"WMS":0.9,"CMCO":0.9,"RXN":0.9,"TISI":0.9,"XLI":0.9,"IFRA":0.9,"PRIM":0.9,"AIMC":0.9,"BLDR":0.9,"HRI":0.9,"CLF":0.9}},"isVote":1,"tweetType":1,"viewCount":760,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":892662800,"gmtCreate":1628656325000,"gmtModify":1633745323799,"author":{"id":"4087190496287010","authorId":"4087190496287010","name":"CKWong0572","avatar":"https://static.tigerbbs.com/2bfa856597aa3d910baaaeddb16ce56d","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4087190496287010","authorIdStr":"4087190496287010"},"themes":[],"title":"","htmlText":"To the moon ....","listText":"To the moon ....","text":"To the moon ....","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/892662800","repostId":"1199439318","repostType":4,"repost":{"id":"1199439318","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":1628583651,"share":"https://www.laohunote.com/m/news/1199439318?lang=zh_CN&edition=full","pubTime":"2021-08-10 16:20","market":"us","language":"en","title":"Tesla shares fell 1% in premarket trading,as the company delivering 8,621 Chinese-made vehicles in China  in July, down 69% from the previous month.<blockquote>特斯拉股价在盘前交易中下跌 1%，该公司 7 月份在中国交付了 8,621 辆中国制造的汽车，环比下降 69%。</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1199439318","media":"Tiger Newspress","summary":"Tesla&nbsp;shares&nbsp;fell&nbsp;1%&nbsp;in&nbsp;premarket&nbsp;trading,as&nbsp;the&nbsp;company&nbsp;delivering&nbsp;8,621&nbsp;Chinese-made&nbsp;vehicles&nbsp;in&nbsp;China&nbsp; in July, down 69% from the previous month.","content":"<p>Tesla&nbsp;shares&nbsp;fell&nbsp;1%&nbsp;in&nbsp;premarket&nbsp;trading,as&nbsp;the&nbsp;company&nbsp;delivering&nbsp;8,621&nbsp;Chinese-made&nbsp;vehicles&nbsp;in&nbsp;China&nbsp; in July, down 69% from the previous month.</p><p><blockquote>特斯拉股价在盘前交易中下跌 1%，该公司 7 月份在中国交付了 8,621 辆中国制造的汽车，环比下降 69%。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/6658f9412245f1a24a5923cb11933e10\" tg-width=\"859\" tg-height=\"613\" 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>Tesla shares fell 1% in premarket trading,as the company delivering 8,621 Chinese-made vehicles in China  in July, down 69% from the previous month.<blockquote>特斯拉股价在盘前交易中下跌 1%，该公司 7 月份在中国交付了 8,621 辆中国制造的汽车，环比下降 69%。</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTesla shares fell 1% in premarket trading,as the company delivering 8,621 Chinese-made vehicles in China  in July, down 69% from the previous month.<blockquote>特斯拉股价在盘前交易中下跌 1%，该公司 7 月份在中国交付了 8,621 辆中国制造的汽车，环比下降 69%。</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\">2021-08-10 16:20</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>Tesla&nbsp;shares&nbsp;fell&nbsp;1%&nbsp;in&nbsp;premarket&nbsp;trading,as&nbsp;the&nbsp;company&nbsp;delivering&nbsp;8,621&nbsp;Chinese-made&nbsp;vehicles&nbsp;in&nbsp;China&nbsp; in July, down 69% from the previous month.</p><p><blockquote>特斯拉股价在盘前交易中下跌 1%，该公司 7 月份在中国交付了 8,621 辆中国制造的汽车，环比下降 69%。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/6658f9412245f1a24a5923cb11933e10\" tg-width=\"859\" tg-height=\"613\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1199439318","content_text":"Tesla shares fell 1% in premarket trading,as the company delivering 8,621 Chinese-made vehicles in China  in July, down 69% from the previous month.","news_type":1,"symbols_score_info":{"TSLA":0.9}},"isVote":1,"tweetType":1,"viewCount":759,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":893019106,"gmtCreate":1628220267505,"gmtModify":1633752467670,"author":{"id":"4087190496287010","authorId":"4087190496287010","name":"CKWong0572","avatar":"https://static.tigerbbs.com/2bfa856597aa3d910baaaeddb16ce56d","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4087190496287010","authorIdStr":"4087190496287010"},"themes":[],"title":"","htmlText":"The Americans will miss the best opportunity of the century&nbsp;","listText":"The Americans will miss the best opportunity of the century&nbsp;","text":"The Americans will miss the best opportunity of the century","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/893019106","repostId":"2156140231","repostType":2,"isVote":1,"tweetType":1,"viewCount":1079,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":807510416,"gmtCreate":1628043030035,"gmtModify":1633754107308,"author":{"id":"4087190496287010","authorId":"4087190496287010","name":"CKWong0572","avatar":"https://static.tigerbbs.com/2bfa856597aa3d910baaaeddb16ce56d","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4087190496287010","authorIdStr":"4087190496287010"},"themes":[],"title":"","htmlText":"Support SGX&nbsp;","listText":"Support SGX&nbsp;","text":"Support SGX","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/807510416","repostId":"1127319449","repostType":4,"isVote":1,"tweetType":1,"viewCount":774,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":807510246,"gmtCreate":1628043006585,"gmtModify":1633754107548,"author":{"id":"4087190496287010","authorId":"4087190496287010","name":"CKWong0572","avatar":"https://static.tigerbbs.com/2bfa856597aa3d910baaaeddb16ce56d","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4087190496287010","idStr":"4087190496287010"},"themes":[],"title":"","htmlText":"It gonna crash soon...","listText":"It gonna crash soon...","text":"It gonna crash soon...","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":9,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/807510246","repostId":"2156312793","repostType":4,"isVote":1,"tweetType":1,"viewCount":703,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":177600765,"gmtCreate":1627203062257,"gmtModify":1633767183824,"author":{"id":"4087190496287010","authorId":"4087190496287010","name":"CKWong0572","avatar":"https://static.tigerbbs.com/2bfa856597aa3d910baaaeddb16ce56d","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4087190496287010","idStr":"4087190496287010"},"themes":[],"title":"","htmlText":"Kinda over","listText":"Kinda over","text":"Kinda over","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/177600765","repostId":"1176552691","repostType":4,"repost":{"id":"1176552691","kind":"news","pubTimestamp":1627183789,"share":"https://www.laohunote.com/m/news/1176552691?lang=zh_CN&edition=full","pubTime":"2021-07-25 11:29","market":"us","language":"en","title":"Is IBM Stock Undervalued Or Overvalued? What To Consider<blockquote>IBM 股票被低估还是被高估？需要考虑什么</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1176552691","media":"seekingalpha","summary":"Summary\n\nIBM beat analysts’ second-quarter earnings as cloud revenue and operating margins improved.","content":"<p><b>Summary</b></p><p><blockquote><b>总结</b></blockquote></p><p> <ul>  <li>IBM beat analysts’ second-quarter earnings as cloud revenue and operating margins improved.</li>  <li>Prior to Q1, IBM posted declining revenue for four consecutive quarters, and 30 of the last 34 quarters.</li>  <li>More transparency is needed regarding the Kyndryl spinoff.</li> </ul> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/2c798e0536c6804d44b195f6f349fab5\" tg-width=\"1536\" tg-height=\"1044\" width=\"100%\" height=\"auto\"><span>Ethan Miller/Getty Images News</span></p><p><blockquote><ul><li>IBM 第二季度盈利超出分析师预期，云收入和营业利润率均有所提高。</li><li>在第一季度之前，IBM 连续四个季度收入下降，过去 34 个季度中有 30 个季度收入下降。</li><li>Kyndryl分拆需要更多的透明度。</li></ul><p class=\"t-img-caption\"><span>伊桑·米勒/盖蒂图片社新闻</span></p></blockquote></p><p> International Business Machines Corporation (IBM) is a company in transition. Unfortunately for investors, the transition has been in place for the better part of a decade. Those turnaround efforts include investments in cloud computing and artificial intelligence and the divestiture of legacy businesses. While there are now signs of green shoots, it is yet to be seen as to whether the seeds sown have fallen on rocky ground.</p><p><blockquote>国际商用机器公司（IBM）是一家处于转型期的公司。对投资者来说不幸的是，这种转变已经持续了十年的大部分时间。这些扭亏为盈的努力包括对云计算和人工智能的投资以及传统业务的剥离。虽然现在有绿芽的迹象，但播种的种子是否落在岩石地上还有待观察。</blockquote></p><p> Although the company has a rapidly growing business in hybrid cloud offerings, and a potential growth engine in quantum computing, it faces intense competition in the former industry and uncertain prospects in the latter. Most of the firm’s other businesses are in the doldrums, so IBM’s growth prospects are opaque.</p><p><blockquote>尽管该公司在混合云产品方面的业务快速增长，并且在量子计算方面是一个潜在的增长引擎，但它面临着前者行业的激烈竞争和后者行业的不确定前景。公司的大多数其他业务都处于低迷状态，因此 IBM 的增长前景不明朗。</blockquote></p><p> What is certain is that as of today, IBM has a reasonable and diminishing debt load and strong free cash flow.</p><p><blockquote>可以肯定的是，截至今天，IBM 拥有合理且不断减少的债务负担和强劲的自由现金流。</blockquote></p><p> Management is attempting to address growth concerns in part by focusing on the firm’s cloud offerings, while it spins off its managed infrastructure business. That company will be named Kyndryl. However, the debt which the new entity will shoulder, along with the portion of the current dividend that it will carry, has not been divulged.</p><p><blockquote>管理层正试图通过专注于公司的云产品来解决增长问题，同时剥离托管基础设施业务。该公司将被命名为 Kyndryl。然而，新实体将承担的债务以及它将承担的当前股息部分尚未披露。</blockquote></p><p> <b>Recent Quarterly Results</b></p><p><blockquote><b>最近季度业绩</b></blockquote></p><p> IBM&nbsp;reported&nbsp;Q2 results last Monday. With non-GAAP EPS of $2.33, the company beat estimates by $0.04.</p><p><blockquote>IBM 上周一公布了第二季度业绩。该公司非 GAAP 每股收益为 2.33 美元，超出预期 0.04 美元。</blockquote></p><p> Revenue of $18.7 billion was flat when adjusted for currency and divestitures.</p><p><blockquote>经货币和资产剥离调整后，收入为 187 亿美元，持平。</blockquote></p><p> The negative side of the report had Systems revenue declining by 7%. However, this was largely due to the normal IBM Z mainframe cycle, down 13% year over year.</p><p><blockquote>该报告的负面影响是系统收入下降了 7%。然而，这主要是由于正常的 IBM Z 大型机周期，同比下降 13%。</blockquote></p><p> The global financing division, which represents a low single digit percentage of overall revenues, was down 9%. Global technology services, which represents roughly a third of overall revenue and will largely be spun off as Kyndryl, had flattish growth.</p><p><blockquote>全球融资部门占总收入的个位数比例较低，下降了 9%。全球技术服务约占总收入的三分之一，并将大部分分拆为 Kyndryl，但增长持平。</blockquote></p><p> The positive side of the report had Cloud &amp; Cognitive Software cloud revenue up 29% and Global Business Services cloud revenue up 35%. Total cloud revenue of $27 billion increased by 15% over the last 12 months, while cloud revenue grew 13% in the quarter to $7.0 billion.</p><p><blockquote>该报告的积极方面是云和认知软件云收入增长了29%，全球商业服务云收入增长了35%。过去 12 个月，云总收入为 270 亿美元，增长了 15%，而本季度云收入增长了 13%，达到 70 亿美元。</blockquote></p><p> Net cash from operating activities hit $17.7 billion, and adjusted free cash flow totaled $11 billion over the last 12 months.</p><p><blockquote>过去 12 个月，经营活动产生的净现金达到 177 亿美元，调整后自由现金流总计 110 亿美元。</blockquote></p><p> Since year-end 2020, the company has reduced debt by $6.4 billion.</p><p><blockquote>自2020年底以来，该公司已减少债务64亿美元。</blockquote></p><p> Management guides for adjusted free cash flow of $11 billion to $12 billion in 2021.</p><p><blockquote>2021年调整后自由现金流110亿至120亿美元的管理指南。</blockquote></p><p> <b>Where IBM Stands Tall</b></p><p><blockquote><b>IBM的立足点</b></blockquote></p><p> IBM is viewed by many as at best a third rate IT company and at worst as a dinosaur, headed towards extinction.</p><p><blockquote>许多人认为IBM充其量是一家三流IT公司，最坏的情况是一只濒临灭绝的恐龙。</blockquote></p><p> It is evident that the company’s revenues have declined for years; however, to accurately assess the stock, investors must understand that IBM’s legacy businesses have many strengths.</p><p><blockquote>很明显，该公司的收入多年来一直在下降；然而，要准确评估该股，投资者必须了解 IBM 的传统业务有很多优势。</blockquote></p><p> For example, IBM is the world’s largest IT services company and the dominant provider of mainframes. Among the Fortune 50 companies, 47 are IBM clients.</p><p><blockquote>例如，IBM 是世界上最大的 IT 服务公司，也是大型机的主要供应商。在财富50强公司中，有47家是IBM的客户。</blockquote></p><p> Half of the world’s wireless connections are handled by the firm.</p><p><blockquote>世界上一半的无线连接都由该公司处理。</blockquote></p><p> IBM's mainframe systems process nearly 90% of the globe’s credit card transactions, and 97% of the world's largest banks rely on IBM products and services. Consequently, twenty-nine billion ATM transactions are processed annually using IBM systems.</p><p><blockquote>IBM 的大型机系统处理了全球近 90% 的信用卡交易，全球 97% 的最大银行依赖 IBM 的产品和服务。因此，每年使用IBM系统处理290亿笔ATM交易。</blockquote></p><p> Eight out of 10 global retailers rely on IBM products and services while 80% of the travel industry's reservations run through IBM systems. That results in 4 billion flight reservations being processed using the company’s IT services.</p><p><blockquote>十分之八的全球零售商依赖IBM的产品和服务，而旅游业80%的预订都是通过IBM系统进行的。这导致使用该公司的 IT 服务处理了 40 亿个航班预订。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/7ace4f1436fd2697c5ad266b5017e1dd\" tg-width=\"960\" tg-height=\"721\" width=\"100%\" height=\"auto\"><span>Source: Forbes</span></p><p><blockquote><p class=\"t-img-caption\"><span>资料来源：福布斯</span></p></blockquote></p><p> It is evident that IBM has a massive customer base that provides large scale recurring revenues. In many cases, moving to competitors' offerings would mean risking the transfer of sensitive information, a move many are not willing to take.</p><p><blockquote>很明显，IBM拥有庞大的客户群，提供了大规模的经常性收入。在许多情况下，转向竞争对手的产品意味着冒着敏感信息传输的风险，这是许多人不愿意采取的举措。</blockquote></p><p> However, with the transition to cloud services and open source software, there is an increased adoption by firms of mix and match IT infrastructures. In turn, this is eroding IBM’s competitive advantage associated with customer switching costs.</p><p><blockquote>然而，随着向云服务和开源软件的过渡，企业越来越多地采用混合匹配的IT基础架构。反过来，这又侵蚀了 IBM 在客户转换成本方面的竞争优势。</blockquote></p><p> <b>The Sources Of Potential Growth</b></p><p><blockquote><b>潜在增长的来源</b></blockquote></p><p></p><p> Investors are generally aware of IBM's effort to drive growth through its hybrid cloud offerings. However, when questioned at JPMorgan’s recent investor conference, CFO Jim Kavanaugh&nbsp;provided insight&nbsp;into how hybrid cloud drives revenue in some of IBM’s other divisions.</p><p><blockquote>投资者普遍意识到 IBM 通过其混合云产品推动增长的努力。不过，在摩根大通最近举行的投资者大会上，首席财务官吉姆-卡瓦诺（Jim Kavanaugh）在接受提问时，就混合云如何推动 IBM 其他一些部门的收入提出了见解。</blockquote></p><p>   For every $1 (in business) we land on a hybrid cloud platform, we see $3 to $5 of software drag and $6 to $8 of services drag overall.  Of course, Kavanaugh is using drag to refer to increased revenue in software and services associated with adoption of IBM’s hybrid cloud. If Kavanaugh’s claims are accurate, that means every dollar spent on the company’s hybrid cloud platform translates into $9 to $13 in additional revenue from the firm’s software and services offerings.</p><p><blockquote>我们每在混合云平台上投入1美元（在业务中），就会看到3到5美元的软件拖累和6到8美元的服务拖累。当然，卡瓦诺使用的是 drag 指的是与采用 IBM 混合云相关的软件和服务收入的增加。如果卡瓦诺的说法准确，这意味着在公司混合云平台上花费的每一美元都能从公司的软件和服务产品中获得 9 到 13 美元的额外收入。</blockquote></p><p> Because hybrid cloud uses a mix of on-premises private cloud and public cloud services, it offers clients a degree of data privacy. This is of particular concern for customers in healthcare and financial services. Consequently, I would posit that IBM might have an advantage in competing with other hybrid cloud providers as it has extensive relationships within those industries.</p><p><blockquote>因为混合云混合使用内部私有云和公共云服务，所以它为客户提供了一定程度的数据隐私。医疗保健和金融服务领域的客户尤其关注这一点。因此，我认为IBM在与其他混合云提供商的竞争中可能具有优势，因为它在这些行业中拥有广泛的关系。</blockquote></p><p> I reviewed a variety of prognostications regarding projected growth rates for the hybrid cloud market. The most recent study, which also falls in the middle of other predictions, is by Mordor Intelligence. That firm&nbsp;forecasts&nbsp;a CAGR of 18.73% from 2021 through 2026.</p><p><blockquote>我回顾了关于混合云市场预计增长率的各种预测。最新的研究也属于其他预测的范围，是由魔多情报公司进行的。该公司预测 2021 年至 2026 年的复合年增长率为 18.73%。</blockquote></p><p> Investors should be aware that the major operators in this space are Cisco (CSCO), Hewlett Packard (HPE), Amazon (AMZN), Citrix Systems (CTXS), and IBM.</p><p><blockquote>投资者应该意识到，该领域的主要运营商是思科 (CSCO)、惠普 (HPE)、亚马逊 (AMZN)、思杰系统 (CTXS) 和 IBM。</blockquote></p><p> The following chart provides a record of the firm’s total cloud growth over the last six quarters.</p><p><blockquote>下图记录了该公司过去六个季度的总云增长情况。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/5fc85156e70f6caf8ae809f76126a723\" tg-width=\"576\" tg-height=\"336\" width=\"100%\" height=\"auto\"><span>Source: Company reports / Chart by Author</span></p><p><blockquote><p class=\"t-img-caption\"><span>资料来源：公司报告/作者图表</span></p></blockquote></p><p> Aside from cloud, there is another source of potential growth, although it is unlikely to materialize soon.</p><p><blockquote>除了云，还有另一个潜在增长来源，尽管它不太可能很快实现。</blockquote></p><p> Early in 2019, IBM&nbsp;introduced&nbsp;the Q System One. IBM Q systems are the world's first quantum computer designed for scientific and commercial use.</p><p><blockquote>2019年初，IBM推出了Q System One。IBM Q systems是世界上第一台为科学和商业用途设计的量子计算机。</blockquote></p><p> Pardon the pun, but quantum computers represent a quantum leap in technology. Prescient And Strategic Intelligence&nbsp;forecasts&nbsp;a CAGR of 56% for the industry through 2030 with the quantum computer market share reaching nearly $65 billion.</p><p><blockquote>请原谅这个双关语，但量子计算机代表了技术的巨大飞跃。Prescient And Strategic Intelligence预测，到2030年，该行业的CAGR将达到56%，量子计算机市场份额将达到近650亿美元。</blockquote></p><p> For additional insights regarding quantum computing and IBM’s position within that industry, I point you to&nbsp;my article, “IBM: Why My Eye Is Fixed On Big Blue.”</p><p><blockquote>有关量子计算和 IBM 在该行业中的地位的更多见解，我向您推荐我的文章《IBM：为什么我的眼睛盯着蓝色巨人》。</blockquote></p><p> <b>Understanding Kyndryl</b></p><p><blockquote><b>了解Kyndryl</b></blockquote></p><p> Once&nbsp;Kyndryl&nbsp;is launched, it will have more than 90,000 employees and more than 4,600 customers in 115 countries. With a $60 billion services backlog, the new entity will begin with projected revenues of $19 billion. At twice the size of its closest competitor, the company will be the world’s largest managed infrastructure services provider.</p><p><blockquote>Kyndryl一旦推出，将在115个国家拥有9万多名员工和4600多名客户。随着600亿美元的服务积压，新实体的预计收入将达到190亿美元。该公司的规模是其最接近的竞争对手的两倍，将成为全球最大的托管基础设施服务提供商。</blockquote></p><p> The split will&nbsp;transform&nbsp;IBM from a company that pulls half of its revenue from services to a firm with its software and solutions businesses generating over half of its revenue on a recurring basis.</p><p><blockquote>此次拆分将使 IBM 从一家一半收入来自服务的公司转变为一家软件和解决方案业务一半以上收入的公司。</blockquote></p><p> Global Business Services, which currently constitutes 22% of the company’s revenue, will&nbsp;account&nbsp;for over 40% of sales. Here it is important to note that the division grew revenue by 12% year over year in the last quarter.</p><p><blockquote>全球商业服务目前占该公司收入的 22%，将占销售额的 40% 以上。值得注意的是，该部门上一季度的收入同比增长了 12%。</blockquote></p><p> IBM will retain Red Hat and its solution provider business, the systems businesses, and its mission-critical public cloud service, and a software portfolio focused on big data, AI, and security.</p><p><blockquote>IBM 将保留 Red Hat 及其解决方案提供商业务、系统业务、关键任务公共云服务，以及专注于大数据、人工智能和安全的软件产品组合。</blockquote></p><p> Initially, the two companies will each be the largest customer of the other.</p><p><blockquote>最初，两家公司将各自成为对方最大的客户。</blockquote></p><p> What remains to be known regarding the spinoff is how much debt each company will shoulder, and the share of the dividend that the companies will pay. Krishna stated the two companies will work together to sustain the current payout level.</p><p><blockquote>关于分拆，仍有待了解的是每家公司将承担多少债务，以及公司将支付的股息份额。克里希纳表示，两家公司将共同努力维持目前的支付水平。</blockquote></p><p> <b>Has IBM Turned The Corner?</b></p><p><blockquote><b>IBM已经转危为安了吗？</b></blockquote></p><p> Anyone who follows IBM knows the company has experienced an extended period of poor results. The following chart provides a record of the firm’s quarterly FCF over the last fourteen quarters.</p><p><blockquote>任何关注IBM的人都知道，该公司经历了长期的糟糕业绩。下图记录了该公司过去十四个季度的季度自由现金流。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/60cc8b82052f97dd449205999ee30711\" tg-width=\"577\" tg-height=\"337\" width=\"100%\" height=\"auto\"><span>Source: Data from ycharts / chart by author</span></p><p><blockquote><p class=\"t-img-caption\"><span>资料来源：ycharts 数据 / 作者提供的图表</span></p></blockquote></p><p> While this is not proof positive that the company is back on track, the recent trend is at least encouraging.</p><p><blockquote>虽然这并不能证明该公司重回正轨，但最近的趋势至少令人鼓舞。</blockquote></p><p> In 2020, IBM generated $10.8 billion in free cash flow. Management guides for adjusted free cash flow of $11 billion to $12 billion in 2021. This excludes $3 billion in structural impacts related to the Kyndryl spinoff.</p><p><blockquote>2020年，IBM产生了108亿美元的自由现金流。2021年调整后自由现金流110亿至120亿美元的管理指南。这不包括与 Kyndryl 分拆相关的 30 亿美元结构性影响。</blockquote></p><p> The CEO&nbsp;recently stated&nbsp;he expects IBM to generate $12 billion to $13 billion in FCF in 2022.</p><p><blockquote>这位首席执行官最近表示，他预计 IBM 到 2022 年将产生 120 亿至 130 亿美元的自由现金流。</blockquote></p><p> <b>Debt And Dividend</b></p><p><blockquote><b>债务和股息</b></blockquote></p><p></p><p> While investors can rightfully complain of a variety of management moves over the years, the firm has maintained a reasonable debt profile while engaging in a number of acquisitions.</p><p><blockquote>虽然投资者可以理所当然地抱怨多年来的各种管理层变动，但该公司在进行多项收购的同时保持了合理的债务状况。</blockquote></p><p> The company has reduced the debt by roughly $18 billion since its peak in mid-2019. IBM maintains an investment level credit rating, and the following chart provides a record of the company’s progress paying down debt of late.</p><p><blockquote>自 2019 年中期达到峰值以来，该公司已将债务减少了约 180 亿美元。IBM 维持投资级信用评级，下图记录了该公司近期偿还债务的进展情况。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/b73e613157c486a5f5e8306546121971\" tg-width=\"1280\" tg-height=\"720\" width=\"100%\" height=\"auto\"><span>Source: IBM Presentation</span></p><p><blockquote><p class=\"t-img-caption\"><span>来源：IBM演示文稿</span></p></blockquote></p><p> IBM has a yield of 4.64%, a payout ratio a bit below 61%, and a 5 year dividend growth rate of 4.26%. As previously noted, following the spinoff of Kyndryl, the two companies will team to provide a payout equivalent to the current dividend.</p><p><blockquote>IBM的收益率为4.64%，派息率略低于61%，5年股息增长率为4.26%。如前所述，Kyndryl 分拆后，两家公司将合作提供相当于当前股息的派息。</blockquote></p><p> <b>Is IBM Stock Overvalued?</b></p><p><blockquote><b>IBM 股票被高估了吗？</b></blockquote></p><p> IBM shares trade for $141.13. The average 12 month price target of 8 analysts is $153.50. The price target of the 3 analysts rating the stock since the last earnings report is $151.33.</p><p><blockquote>IBM 股价交易价格为 141.13 美元。8 位分析师的 12 个月平均目标价为 153.50 美元。自上次收益报告以来，3 位分析师对该股的目标价为 151.33 美元。</blockquote></p><p> IBM has a P/E of 24.05x and a forward P/E of 17.67x. This compares to its five year averages of 16.42x and 13.25x respectively. It is well below the sector average which is in the low thirties for both metrics.</p><p><blockquote>IBM的市盈率为24.05倍，远期市盈率为17.67倍。相比之下，其五年平均水平分别为 16.42 倍和 13.25 倍。这两个指标都远低于行业平均水平，行业平均水平都在三十分左右。</blockquote></p><p> The 3 to 5 year PEG provided by Seeking Alpha Premium is 1.16x. Schwab calculates a PEG of 1.49x, and Yahoo does not provide a PEG ratio.</p><p><blockquote>Seeking Alpha Premium 提供的 3 至 5 年期 PEG 为 1.16 倍。嘉信理财计算的PEG为1.49倍，雅虎没有提供PEG比率。</blockquote></p><p> I believe the current P/E ratios for the stock reflect investors anticipating increased growth for IBM once the spinoff is complete. The PEG ratios show the stock is reasonably valued.</p><p><blockquote>我相信该股目前的市盈率反映了投资者对分拆完成后 IBM 增长的预期。挂钩比率显示该股票估值合理。</blockquote></p><p> <b>Is IBM Stock A Good Long-Term Investment?</b></p><p><blockquote><b>IBM 股票是一项好的长期投资吗？</b></blockquote></p><p> IBM has an entrenched but evolving position among many of the largest companies on the globe. Unfortunately, the cloud, which is seen as the company’s primary avenue for growth, could also lead to a slow deterioration in some of the firm’s legacy businesses.</p><p><blockquote>IBM在全球许多最大的公司中拥有根深蒂固但不断发展的地位。不幸的是，被视为公司主要增长途径的云计算也可能导致公司一些传统业务的缓慢恶化。</blockquote></p><p> That the cloud business has been growing at a rapid pace is manifest: IBM can now boast of over 3,200 clients using the firm’s hybrid cloud platform. That is nearly four times the number just prior to the Red Hat acquisition.</p><p><blockquote>云业务的快速增长是显而易见的： IBM 现在拥有 3200 多家客户使用公司的混合云平台。这几乎是红帽收购前数字的四倍。</blockquote></p><p> If management’s claims are accurate, the hybrid cloud platform will create robust growth in the software and services division’s revenues. When combined with the spinoff of Kyndryl’s slow growing managed infrastructure services business, it is reasonable to believe IBM will witness increased growth.</p><p><blockquote>如果管理层的说法准确，混合云平台将为软件和服务部门的收入带来强劲增长。再加上 Kyndryl 发展缓慢的托管基础设施服务业务的分拆，我们有理由相信 IBM 将实现更快的增长。</blockquote></p><p> IBM has a solid balance sheet, a robust yield, and when viewed using PEG ratios as a basis for valuing the stock, the shares are trading at a bit of a discount.</p><p><blockquote>IBM 拥有稳健的资产负债表、强劲的收益率，当使用 PEG 比率作为股票估值的基础时，股票交易价格略有折扣。</blockquote></p><p> All considered, I rate IBM as a BUY.</p><p><blockquote>综合考虑，我将 IBM 评级为买入。</blockquote></p><p> I think the worst case short to mid-term scenario is that the company experiences slow growth while investors collect a rather robust dividend.</p><p><blockquote>我认为中短期内最糟糕的情况是公司增长缓慢，而投资者却获得了相当丰厚的股息。</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>Is IBM Stock Undervalued Or Overvalued? What To Consider<blockquote>IBM 股票被低估还是被高估？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\">\nIs IBM Stock Undervalued Or Overvalued? What To Consider<blockquote>IBM 股票被低估还是被高估？需要考虑什么</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">seekingalpha</strong><span class=\"h-time small\">2021-07-25 11:29</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>IBM beat analysts’ second-quarter earnings as cloud revenue and operating margins improved.</li>  <li>Prior to Q1, IBM posted declining revenue for four consecutive quarters, and 30 of the last 34 quarters.</li>  <li>More transparency is needed regarding the Kyndryl spinoff.</li> </ul> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/2c798e0536c6804d44b195f6f349fab5\" tg-width=\"1536\" tg-height=\"1044\" width=\"100%\" height=\"auto\"><span>Ethan Miller/Getty Images News</span></p><p><blockquote><ul><li>IBM 第二季度盈利超出分析师预期，云收入和营业利润率均有所提高。</li><li>在第一季度之前，IBM 连续四个季度收入下降，过去 34 个季度中有 30 个季度收入下降。</li><li>Kyndryl分拆需要更多的透明度。</li></ul><p class=\"t-img-caption\"><span>伊桑·米勒/盖蒂图片社新闻</span></p></blockquote></p><p> International Business Machines Corporation (IBM) is a company in transition. Unfortunately for investors, the transition has been in place for the better part of a decade. Those turnaround efforts include investments in cloud computing and artificial intelligence and the divestiture of legacy businesses. While there are now signs of green shoots, it is yet to be seen as to whether the seeds sown have fallen on rocky ground.</p><p><blockquote>国际商用机器公司（IBM）是一家处于转型期的公司。对投资者来说不幸的是，这种转变已经持续了十年的大部分时间。这些扭亏为盈的努力包括对云计算和人工智能的投资以及传统业务的剥离。虽然现在有绿芽的迹象，但播种的种子是否落在岩石地上还有待观察。</blockquote></p><p> Although the company has a rapidly growing business in hybrid cloud offerings, and a potential growth engine in quantum computing, it faces intense competition in the former industry and uncertain prospects in the latter. Most of the firm’s other businesses are in the doldrums, so IBM’s growth prospects are opaque.</p><p><blockquote>尽管该公司在混合云产品方面的业务快速增长，并且在量子计算方面是一个潜在的增长引擎，但它面临着前者行业的激烈竞争和后者行业的不确定前景。公司的大多数其他业务都处于低迷状态，因此 IBM 的增长前景不明朗。</blockquote></p><p> What is certain is that as of today, IBM has a reasonable and diminishing debt load and strong free cash flow.</p><p><blockquote>可以肯定的是，截至今天，IBM 拥有合理且不断减少的债务负担和强劲的自由现金流。</blockquote></p><p> Management is attempting to address growth concerns in part by focusing on the firm’s cloud offerings, while it spins off its managed infrastructure business. That company will be named Kyndryl. However, the debt which the new entity will shoulder, along with the portion of the current dividend that it will carry, has not been divulged.</p><p><blockquote>管理层正试图通过专注于公司的云产品来解决增长问题，同时剥离托管基础设施业务。该公司将被命名为 Kyndryl。然而，新实体将承担的债务以及它将承担的当前股息部分尚未披露。</blockquote></p><p> <b>Recent Quarterly Results</b></p><p><blockquote><b>最近季度业绩</b></blockquote></p><p> IBM&nbsp;reported&nbsp;Q2 results last Monday. With non-GAAP EPS of $2.33, the company beat estimates by $0.04.</p><p><blockquote>IBM 上周一公布了第二季度业绩。该公司非 GAAP 每股收益为 2.33 美元，超出预期 0.04 美元。</blockquote></p><p> Revenue of $18.7 billion was flat when adjusted for currency and divestitures.</p><p><blockquote>经货币和资产剥离调整后，收入为 187 亿美元，持平。</blockquote></p><p> The negative side of the report had Systems revenue declining by 7%. However, this was largely due to the normal IBM Z mainframe cycle, down 13% year over year.</p><p><blockquote>该报告的负面影响是系统收入下降了 7%。然而，这主要是由于正常的 IBM Z 大型机周期，同比下降 13%。</blockquote></p><p> The global financing division, which represents a low single digit percentage of overall revenues, was down 9%. Global technology services, which represents roughly a third of overall revenue and will largely be spun off as Kyndryl, had flattish growth.</p><p><blockquote>全球融资部门占总收入的个位数比例较低，下降了 9%。全球技术服务约占总收入的三分之一，并将大部分分拆为 Kyndryl，但增长持平。</blockquote></p><p> The positive side of the report had Cloud &amp; Cognitive Software cloud revenue up 29% and Global Business Services cloud revenue up 35%. Total cloud revenue of $27 billion increased by 15% over the last 12 months, while cloud revenue grew 13% in the quarter to $7.0 billion.</p><p><blockquote>该报告的积极方面是云和认知软件云收入增长了29%，全球商业服务云收入增长了35%。过去 12 个月，云总收入为 270 亿美元，增长了 15%，而本季度云收入增长了 13%，达到 70 亿美元。</blockquote></p><p> Net cash from operating activities hit $17.7 billion, and adjusted free cash flow totaled $11 billion over the last 12 months.</p><p><blockquote>过去 12 个月，经营活动产生的净现金达到 177 亿美元，调整后自由现金流总计 110 亿美元。</blockquote></p><p> Since year-end 2020, the company has reduced debt by $6.4 billion.</p><p><blockquote>自2020年底以来，该公司已减少债务64亿美元。</blockquote></p><p> Management guides for adjusted free cash flow of $11 billion to $12 billion in 2021.</p><p><blockquote>2021年调整后自由现金流110亿至120亿美元的管理指南。</blockquote></p><p> <b>Where IBM Stands Tall</b></p><p><blockquote><b>IBM的立足点</b></blockquote></p><p> IBM is viewed by many as at best a third rate IT company and at worst as a dinosaur, headed towards extinction.</p><p><blockquote>许多人认为IBM充其量是一家三流IT公司，最坏的情况是一只濒临灭绝的恐龙。</blockquote></p><p> It is evident that the company’s revenues have declined for years; however, to accurately assess the stock, investors must understand that IBM’s legacy businesses have many strengths.</p><p><blockquote>很明显，该公司的收入多年来一直在下降；然而，要准确评估该股，投资者必须了解 IBM 的传统业务有很多优势。</blockquote></p><p> For example, IBM is the world’s largest IT services company and the dominant provider of mainframes. Among the Fortune 50 companies, 47 are IBM clients.</p><p><blockquote>例如，IBM 是世界上最大的 IT 服务公司，也是大型机的主要供应商。在财富50强公司中，有47家是IBM的客户。</blockquote></p><p> Half of the world’s wireless connections are handled by the firm.</p><p><blockquote>世界上一半的无线连接都由该公司处理。</blockquote></p><p> IBM's mainframe systems process nearly 90% of the globe’s credit card transactions, and 97% of the world's largest banks rely on IBM products and services. Consequently, twenty-nine billion ATM transactions are processed annually using IBM systems.</p><p><blockquote>IBM 的大型机系统处理了全球近 90% 的信用卡交易，全球 97% 的最大银行依赖 IBM 的产品和服务。因此，每年使用IBM系统处理290亿笔ATM交易。</blockquote></p><p> Eight out of 10 global retailers rely on IBM products and services while 80% of the travel industry's reservations run through IBM systems. That results in 4 billion flight reservations being processed using the company’s IT services.</p><p><blockquote>十分之八的全球零售商依赖IBM的产品和服务，而旅游业80%的预订都是通过IBM系统进行的。这导致使用该公司的 IT 服务处理了 40 亿个航班预订。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/7ace4f1436fd2697c5ad266b5017e1dd\" tg-width=\"960\" tg-height=\"721\" width=\"100%\" height=\"auto\"><span>Source: Forbes</span></p><p><blockquote><p class=\"t-img-caption\"><span>资料来源：福布斯</span></p></blockquote></p><p> It is evident that IBM has a massive customer base that provides large scale recurring revenues. In many cases, moving to competitors' offerings would mean risking the transfer of sensitive information, a move many are not willing to take.</p><p><blockquote>很明显，IBM拥有庞大的客户群，提供了大规模的经常性收入。在许多情况下，转向竞争对手的产品意味着冒着敏感信息传输的风险，这是许多人不愿意采取的举措。</blockquote></p><p> However, with the transition to cloud services and open source software, there is an increased adoption by firms of mix and match IT infrastructures. In turn, this is eroding IBM’s competitive advantage associated with customer switching costs.</p><p><blockquote>然而，随着向云服务和开源软件的过渡，企业越来越多地采用混合匹配的IT基础架构。反过来，这又侵蚀了 IBM 在客户转换成本方面的竞争优势。</blockquote></p><p> <b>The Sources Of Potential Growth</b></p><p><blockquote><b>潜在增长的来源</b></blockquote></p><p></p><p> Investors are generally aware of IBM's effort to drive growth through its hybrid cloud offerings. However, when questioned at JPMorgan’s recent investor conference, CFO Jim Kavanaugh&nbsp;provided insight&nbsp;into how hybrid cloud drives revenue in some of IBM’s other divisions.</p><p><blockquote>投资者普遍意识到 IBM 通过其混合云产品推动增长的努力。不过，在摩根大通最近举行的投资者大会上，首席财务官吉姆-卡瓦诺（Jim Kavanaugh）在接受提问时，就混合云如何推动 IBM 其他一些部门的收入提出了见解。</blockquote></p><p>   For every $1 (in business) we land on a hybrid cloud platform, we see $3 to $5 of software drag and $6 to $8 of services drag overall.  Of course, Kavanaugh is using drag to refer to increased revenue in software and services associated with adoption of IBM’s hybrid cloud. If Kavanaugh’s claims are accurate, that means every dollar spent on the company’s hybrid cloud platform translates into $9 to $13 in additional revenue from the firm’s software and services offerings.</p><p><blockquote>我们每在混合云平台上投入1美元（在业务中），就会看到3到5美元的软件拖累和6到8美元的服务拖累。当然，卡瓦诺使用的是 drag 指的是与采用 IBM 混合云相关的软件和服务收入的增加。如果卡瓦诺的说法准确，这意味着在公司混合云平台上花费的每一美元都能从公司的软件和服务产品中获得 9 到 13 美元的额外收入。</blockquote></p><p> Because hybrid cloud uses a mix of on-premises private cloud and public cloud services, it offers clients a degree of data privacy. This is of particular concern for customers in healthcare and financial services. Consequently, I would posit that IBM might have an advantage in competing with other hybrid cloud providers as it has extensive relationships within those industries.</p><p><blockquote>因为混合云混合使用内部私有云和公共云服务，所以它为客户提供了一定程度的数据隐私。医疗保健和金融服务领域的客户尤其关注这一点。因此，我认为IBM在与其他混合云提供商的竞争中可能具有优势，因为它在这些行业中拥有广泛的关系。</blockquote></p><p> I reviewed a variety of prognostications regarding projected growth rates for the hybrid cloud market. The most recent study, which also falls in the middle of other predictions, is by Mordor Intelligence. That firm&nbsp;forecasts&nbsp;a CAGR of 18.73% from 2021 through 2026.</p><p><blockquote>我回顾了关于混合云市场预计增长率的各种预测。最新的研究也属于其他预测的范围，是由魔多情报公司进行的。该公司预测 2021 年至 2026 年的复合年增长率为 18.73%。</blockquote></p><p> Investors should be aware that the major operators in this space are Cisco (CSCO), Hewlett Packard (HPE), Amazon (AMZN), Citrix Systems (CTXS), and IBM.</p><p><blockquote>投资者应该意识到，该领域的主要运营商是思科 (CSCO)、惠普 (HPE)、亚马逊 (AMZN)、思杰系统 (CTXS) 和 IBM。</blockquote></p><p> The following chart provides a record of the firm’s total cloud growth over the last six quarters.</p><p><blockquote>下图记录了该公司过去六个季度的总云增长情况。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/5fc85156e70f6caf8ae809f76126a723\" tg-width=\"576\" tg-height=\"336\" width=\"100%\" height=\"auto\"><span>Source: Company reports / Chart by Author</span></p><p><blockquote><p class=\"t-img-caption\"><span>资料来源：公司报告/作者图表</span></p></blockquote></p><p> Aside from cloud, there is another source of potential growth, although it is unlikely to materialize soon.</p><p><blockquote>除了云，还有另一个潜在增长来源，尽管它不太可能很快实现。</blockquote></p><p> Early in 2019, IBM&nbsp;introduced&nbsp;the Q System One. IBM Q systems are the world's first quantum computer designed for scientific and commercial use.</p><p><blockquote>2019年初，IBM推出了Q System One。IBM Q systems是世界上第一台为科学和商业用途设计的量子计算机。</blockquote></p><p> Pardon the pun, but quantum computers represent a quantum leap in technology. Prescient And Strategic Intelligence&nbsp;forecasts&nbsp;a CAGR of 56% for the industry through 2030 with the quantum computer market share reaching nearly $65 billion.</p><p><blockquote>请原谅这个双关语，但量子计算机代表了技术的巨大飞跃。Prescient And Strategic Intelligence预测，到2030年，该行业的CAGR将达到56%，量子计算机市场份额将达到近650亿美元。</blockquote></p><p> For additional insights regarding quantum computing and IBM’s position within that industry, I point you to&nbsp;my article, “IBM: Why My Eye Is Fixed On Big Blue.”</p><p><blockquote>有关量子计算和 IBM 在该行业中的地位的更多见解，我向您推荐我的文章《IBM：为什么我的眼睛盯着蓝色巨人》。</blockquote></p><p> <b>Understanding Kyndryl</b></p><p><blockquote><b>了解Kyndryl</b></blockquote></p><p> Once&nbsp;Kyndryl&nbsp;is launched, it will have more than 90,000 employees and more than 4,600 customers in 115 countries. With a $60 billion services backlog, the new entity will begin with projected revenues of $19 billion. At twice the size of its closest competitor, the company will be the world’s largest managed infrastructure services provider.</p><p><blockquote>Kyndryl一旦推出，将在115个国家拥有9万多名员工和4600多名客户。随着600亿美元的服务积压，新实体的预计收入将达到190亿美元。该公司的规模是其最接近的竞争对手的两倍，将成为全球最大的托管基础设施服务提供商。</blockquote></p><p> The split will&nbsp;transform&nbsp;IBM from a company that pulls half of its revenue from services to a firm with its software and solutions businesses generating over half of its revenue on a recurring basis.</p><p><blockquote>此次拆分将使 IBM 从一家一半收入来自服务的公司转变为一家软件和解决方案业务一半以上收入的公司。</blockquote></p><p> Global Business Services, which currently constitutes 22% of the company’s revenue, will&nbsp;account&nbsp;for over 40% of sales. Here it is important to note that the division grew revenue by 12% year over year in the last quarter.</p><p><blockquote>全球商业服务目前占该公司收入的 22%，将占销售额的 40% 以上。值得注意的是，该部门上一季度的收入同比增长了 12%。</blockquote></p><p> IBM will retain Red Hat and its solution provider business, the systems businesses, and its mission-critical public cloud service, and a software portfolio focused on big data, AI, and security.</p><p><blockquote>IBM 将保留 Red Hat 及其解决方案提供商业务、系统业务、关键任务公共云服务，以及专注于大数据、人工智能和安全的软件产品组合。</blockquote></p><p> Initially, the two companies will each be the largest customer of the other.</p><p><blockquote>最初，两家公司将各自成为对方最大的客户。</blockquote></p><p> What remains to be known regarding the spinoff is how much debt each company will shoulder, and the share of the dividend that the companies will pay. Krishna stated the two companies will work together to sustain the current payout level.</p><p><blockquote>关于分拆，仍有待了解的是每家公司将承担多少债务，以及公司将支付的股息份额。克里希纳表示，两家公司将共同努力维持目前的支付水平。</blockquote></p><p> <b>Has IBM Turned The Corner?</b></p><p><blockquote><b>IBM已经转危为安了吗？</b></blockquote></p><p> Anyone who follows IBM knows the company has experienced an extended period of poor results. The following chart provides a record of the firm’s quarterly FCF over the last fourteen quarters.</p><p><blockquote>任何关注IBM的人都知道，该公司经历了长期的糟糕业绩。下图记录了该公司过去十四个季度的季度自由现金流。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/60cc8b82052f97dd449205999ee30711\" tg-width=\"577\" tg-height=\"337\" width=\"100%\" height=\"auto\"><span>Source: Data from ycharts / chart by author</span></p><p><blockquote><p class=\"t-img-caption\"><span>资料来源：ycharts 数据 / 作者提供的图表</span></p></blockquote></p><p> While this is not proof positive that the company is back on track, the recent trend is at least encouraging.</p><p><blockquote>虽然这并不能证明该公司重回正轨，但最近的趋势至少令人鼓舞。</blockquote></p><p> In 2020, IBM generated $10.8 billion in free cash flow. Management guides for adjusted free cash flow of $11 billion to $12 billion in 2021. This excludes $3 billion in structural impacts related to the Kyndryl spinoff.</p><p><blockquote>2020年，IBM产生了108亿美元的自由现金流。2021年调整后自由现金流110亿至120亿美元的管理指南。这不包括与 Kyndryl 分拆相关的 30 亿美元结构性影响。</blockquote></p><p> The CEO&nbsp;recently stated&nbsp;he expects IBM to generate $12 billion to $13 billion in FCF in 2022.</p><p><blockquote>这位首席执行官最近表示，他预计 IBM 到 2022 年将产生 120 亿至 130 亿美元的自由现金流。</blockquote></p><p> <b>Debt And Dividend</b></p><p><blockquote><b>债务和股息</b></blockquote></p><p></p><p> While investors can rightfully complain of a variety of management moves over the years, the firm has maintained a reasonable debt profile while engaging in a number of acquisitions.</p><p><blockquote>虽然投资者可以理所当然地抱怨多年来的各种管理层变动，但该公司在进行多项收购的同时保持了合理的债务状况。</blockquote></p><p> The company has reduced the debt by roughly $18 billion since its peak in mid-2019. IBM maintains an investment level credit rating, and the following chart provides a record of the company’s progress paying down debt of late.</p><p><blockquote>自 2019 年中期达到峰值以来，该公司已将债务减少了约 180 亿美元。IBM 维持投资级信用评级，下图记录了该公司近期偿还债务的进展情况。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/b73e613157c486a5f5e8306546121971\" tg-width=\"1280\" tg-height=\"720\" width=\"100%\" height=\"auto\"><span>Source: IBM Presentation</span></p><p><blockquote><p class=\"t-img-caption\"><span>来源：IBM演示文稿</span></p></blockquote></p><p> IBM has a yield of 4.64%, a payout ratio a bit below 61%, and a 5 year dividend growth rate of 4.26%. As previously noted, following the spinoff of Kyndryl, the two companies will team to provide a payout equivalent to the current dividend.</p><p><blockquote>IBM的收益率为4.64%，派息率略低于61%，5年股息增长率为4.26%。如前所述，Kyndryl 分拆后，两家公司将合作提供相当于当前股息的派息。</blockquote></p><p> <b>Is IBM Stock Overvalued?</b></p><p><blockquote><b>IBM 股票被高估了吗？</b></blockquote></p><p> IBM shares trade for $141.13. The average 12 month price target of 8 analysts is $153.50. The price target of the 3 analysts rating the stock since the last earnings report is $151.33.</p><p><blockquote>IBM 股价交易价格为 141.13 美元。8 位分析师的 12 个月平均目标价为 153.50 美元。自上次收益报告以来，3 位分析师对该股的目标价为 151.33 美元。</blockquote></p><p> IBM has a P/E of 24.05x and a forward P/E of 17.67x. This compares to its five year averages of 16.42x and 13.25x respectively. It is well below the sector average which is in the low thirties for both metrics.</p><p><blockquote>IBM的市盈率为24.05倍，远期市盈率为17.67倍。相比之下，其五年平均水平分别为 16.42 倍和 13.25 倍。这两个指标都远低于行业平均水平，行业平均水平都在三十分左右。</blockquote></p><p> The 3 to 5 year PEG provided by Seeking Alpha Premium is 1.16x. Schwab calculates a PEG of 1.49x, and Yahoo does not provide a PEG ratio.</p><p><blockquote>Seeking Alpha Premium 提供的 3 至 5 年期 PEG 为 1.16 倍。嘉信理财计算的PEG为1.49倍，雅虎没有提供PEG比率。</blockquote></p><p> I believe the current P/E ratios for the stock reflect investors anticipating increased growth for IBM once the spinoff is complete. The PEG ratios show the stock is reasonably valued.</p><p><blockquote>我相信该股目前的市盈率反映了投资者对分拆完成后 IBM 增长的预期。挂钩比率显示该股票估值合理。</blockquote></p><p> <b>Is IBM Stock A Good Long-Term Investment?</b></p><p><blockquote><b>IBM 股票是一项好的长期投资吗？</b></blockquote></p><p> IBM has an entrenched but evolving position among many of the largest companies on the globe. Unfortunately, the cloud, which is seen as the company’s primary avenue for growth, could also lead to a slow deterioration in some of the firm’s legacy businesses.</p><p><blockquote>IBM在全球许多最大的公司中拥有根深蒂固但不断发展的地位。不幸的是，被视为公司主要增长途径的云计算也可能导致公司一些传统业务的缓慢恶化。</blockquote></p><p> That the cloud business has been growing at a rapid pace is manifest: IBM can now boast of over 3,200 clients using the firm’s hybrid cloud platform. That is nearly four times the number just prior to the Red Hat acquisition.</p><p><blockquote>云业务的快速增长是显而易见的： IBM 现在拥有 3200 多家客户使用公司的混合云平台。这几乎是红帽收购前数字的四倍。</blockquote></p><p> If management’s claims are accurate, the hybrid cloud platform will create robust growth in the software and services division’s revenues. When combined with the spinoff of Kyndryl’s slow growing managed infrastructure services business, it is reasonable to believe IBM will witness increased growth.</p><p><blockquote>如果管理层的说法准确，混合云平台将为软件和服务部门的收入带来强劲增长。再加上 Kyndryl 发展缓慢的托管基础设施服务业务的分拆，我们有理由相信 IBM 将实现更快的增长。</blockquote></p><p> IBM has a solid balance sheet, a robust yield, and when viewed using PEG ratios as a basis for valuing the stock, the shares are trading at a bit of a discount.</p><p><blockquote>IBM 拥有稳健的资产负债表、强劲的收益率，当使用 PEG 比率作为股票估值的基础时，股票交易价格略有折扣。</blockquote></p><p> All considered, I rate IBM as a BUY.</p><p><blockquote>综合考虑，我将 IBM 评级为买入。</blockquote></p><p> I think the worst case short to mid-term scenario is that the company experiences slow growth while investors collect a rather robust dividend.</p><p><blockquote>我认为中短期内最糟糕的情况是公司增长缓慢，而投资者却获得了相当丰厚的股息。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://seekingalpha.com/article/4440996-is-ibm-stock-undervalued-overvalued\">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":{"IBM":"IBM"},"source_url":"https://seekingalpha.com/article/4440996-is-ibm-stock-undervalued-overvalued","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1176552691","content_text":"Summary\n\nIBM beat analysts’ second-quarter earnings as cloud revenue and operating margins improved.\nPrior to Q1, IBM posted declining revenue for four consecutive quarters, and 30 of the last 34 quarters.\nMore transparency is needed regarding the Kyndryl spinoff.\n\nEthan Miller/Getty Images News\nInternational Business Machines Corporation (IBM) is a company in transition. Unfortunately for investors, the transition has been in place for the better part of a decade. Those turnaround efforts include investments in cloud computing and artificial intelligence and the divestiture of legacy businesses. While there are now signs of green shoots, it is yet to be seen as to whether the seeds sown have fallen on rocky ground.\nAlthough the company has a rapidly growing business in hybrid cloud offerings, and a potential growth engine in quantum computing, it faces intense competition in the former industry and uncertain prospects in the latter. Most of the firm’s other businesses are in the doldrums, so IBM’s growth prospects are opaque.\nWhat is certain is that as of today, IBM has a reasonable and diminishing debt load and strong free cash flow.\nManagement is attempting to address growth concerns in part by focusing on the firm’s cloud offerings, while it spins off its managed infrastructure business. That company will be named Kyndryl. However, the debt which the new entity will shoulder, along with the portion of the current dividend that it will carry, has not been divulged.\nRecent Quarterly Results\nIBM reported Q2 results last Monday. With non-GAAP EPS of $2.33, the company beat estimates by $0.04.\nRevenue of $18.7 billion was flat when adjusted for currency and divestitures.\nThe negative side of the report had Systems revenue declining by 7%. However, this was largely due to the normal IBM Z mainframe cycle, down 13% year over year.\nThe global financing division, which represents a low single digit percentage of overall revenues, was down 9%. Global technology services, which represents roughly a third of overall revenue and will largely be spun off as Kyndryl, had flattish growth.\nThe positive side of the report had Cloud & Cognitive Software cloud revenue up 29% and Global Business Services cloud revenue up 35%. Total cloud revenue of $27 billion increased by 15% over the last 12 months, while cloud revenue grew 13% in the quarter to $7.0 billion.\nNet cash from operating activities hit $17.7 billion, and adjusted free cash flow totaled $11 billion over the last 12 months.\nSince year-end 2020, the company has reduced debt by $6.4 billion.\nManagement guides for adjusted free cash flow of $11 billion to $12 billion in 2021.\nWhere IBM Stands Tall\nIBM is viewed by many as at best a third rate IT company and at worst as a dinosaur, headed towards extinction.\nIt is evident that the company’s revenues have declined for years; however, to accurately assess the stock, investors must understand that IBM’s legacy businesses have many strengths.\nFor example, IBM is the world’s largest IT services company and the dominant provider of mainframes. Among the Fortune 50 companies, 47 are IBM clients.\nHalf of the world’s wireless connections are handled by the firm.\nIBM's mainframe systems process nearly 90% of the globe’s credit card transactions, and 97% of the world's largest banks rely on IBM products and services. Consequently, twenty-nine billion ATM transactions are processed annually using IBM systems.\nEight out of 10 global retailers rely on IBM products and services while 80% of the travel industry's reservations run through IBM systems. That results in 4 billion flight reservations being processed using the company’s IT services.\nSource: Forbes\nIt is evident that IBM has a massive customer base that provides large scale recurring revenues. In many cases, moving to competitors' offerings would mean risking the transfer of sensitive information, a move many are not willing to take.\nHowever, with the transition to cloud services and open source software, there is an increased adoption by firms of mix and match IT infrastructures. In turn, this is eroding IBM’s competitive advantage associated with customer switching costs.\nThe Sources Of Potential Growth\nInvestors are generally aware of IBM's effort to drive growth through its hybrid cloud offerings. However, when questioned at JPMorgan’s recent investor conference, CFO Jim Kavanaugh provided insight into how hybrid cloud drives revenue in some of IBM’s other divisions.\n\n For every $1 (in business) we land on a hybrid cloud platform, we see $3 to $5 of software drag and $6 to $8 of services drag overall.\n\nOf course, Kavanaugh is using drag to refer to increased revenue in software and services associated with adoption of IBM’s hybrid cloud. If Kavanaugh’s claims are accurate, that means every dollar spent on the company’s hybrid cloud platform translates into $9 to $13 in additional revenue from the firm’s software and services offerings.\nBecause hybrid cloud uses a mix of on-premises private cloud and public cloud services, it offers clients a degree of data privacy. This is of particular concern for customers in healthcare and financial services. Consequently, I would posit that IBM might have an advantage in competing with other hybrid cloud providers as it has extensive relationships within those industries.\nI reviewed a variety of prognostications regarding projected growth rates for the hybrid cloud market. The most recent study, which also falls in the middle of other predictions, is by Mordor Intelligence. That firm forecasts a CAGR of 18.73% from 2021 through 2026.\nInvestors should be aware that the major operators in this space are Cisco (CSCO), Hewlett Packard (HPE), Amazon (AMZN), Citrix Systems (CTXS), and IBM.\nThe following chart provides a record of the firm’s total cloud growth over the last six quarters.\nSource: Company reports / Chart by Author\nAside from cloud, there is another source of potential growth, although it is unlikely to materialize soon.\nEarly in 2019, IBM introduced the Q System One. IBM Q systems are the world's first quantum computer designed for scientific and commercial use.\nPardon the pun, but quantum computers represent a quantum leap in technology. Prescient And Strategic Intelligence forecasts a CAGR of 56% for the industry through 2030 with the quantum computer market share reaching nearly $65 billion.\nFor additional insights regarding quantum computing and IBM’s position within that industry, I point you to my article, “IBM: Why My Eye Is Fixed On Big Blue.”\nUnderstanding Kyndryl\nOnce Kyndryl is launched, it will have more than 90,000 employees and more than 4,600 customers in 115 countries. With a $60 billion services backlog, the new entity will begin with projected revenues of $19 billion. At twice the size of its closest competitor, the company will be the world’s largest managed infrastructure services provider.\nThe split will transform IBM from a company that pulls half of its revenue from services to a firm with its software and solutions businesses generating over half of its revenue on a recurring basis.\nGlobal Business Services, which currently constitutes 22% of the company’s revenue, will account for over 40% of sales. Here it is important to note that the division grew revenue by 12% year over year in the last quarter.\nIBM will retain Red Hat and its solution provider business, the systems businesses, and its mission-critical public cloud service, and a software portfolio focused on big data, AI, and security.\nInitially, the two companies will each be the largest customer of the other.\nWhat remains to be known regarding the spinoff is how much debt each company will shoulder, and the share of the dividend that the companies will pay. Krishna stated the two companies will work together to sustain the current payout level.\nHas IBM Turned The Corner?\nAnyone who follows IBM knows the company has experienced an extended period of poor results. The following chart provides a record of the firm’s quarterly FCF over the last fourteen quarters.\nSource: Data from ycharts / chart by author\nWhile this is not proof positive that the company is back on track, the recent trend is at least encouraging.\nIn 2020, IBM generated $10.8 billion in free cash flow. Management guides for adjusted free cash flow of $11 billion to $12 billion in 2021. This excludes $3 billion in structural impacts related to the Kyndryl spinoff.\nThe CEO recently stated he expects IBM to generate $12 billion to $13 billion in FCF in 2022.\nDebt And Dividend\nWhile investors can rightfully complain of a variety of management moves over the years, the firm has maintained a reasonable debt profile while engaging in a number of acquisitions.\nThe company has reduced the debt by roughly $18 billion since its peak in mid-2019. IBM maintains an investment level credit rating, and the following chart provides a record of the company’s progress paying down debt of late.\nSource: IBM Presentation\nIBM has a yield of 4.64%, a payout ratio a bit below 61%, and a 5 year dividend growth rate of 4.26%. As previously noted, following the spinoff of Kyndryl, the two companies will team to provide a payout equivalent to the current dividend.\nIs IBM Stock Overvalued?\nIBM shares trade for $141.13. The average 12 month price target of 8 analysts is $153.50. The price target of the 3 analysts rating the stock since the last earnings report is $151.33.\nIBM has a P/E of 24.05x and a forward P/E of 17.67x. This compares to its five year averages of 16.42x and 13.25x respectively. It is well below the sector average which is in the low thirties for both metrics.\nThe 3 to 5 year PEG provided by Seeking Alpha Premium is 1.16x. Schwab calculates a PEG of 1.49x, and Yahoo does not provide a PEG ratio.\nI believe the current P/E ratios for the stock reflect investors anticipating increased growth for IBM once the spinoff is complete. The PEG ratios show the stock is reasonably valued.\nIs IBM Stock A Good Long-Term Investment?\nIBM has an entrenched but evolving position among many of the largest companies on the globe. Unfortunately, the cloud, which is seen as the company’s primary avenue for growth, could also lead to a slow deterioration in some of the firm’s legacy businesses.\nThat the cloud business has been growing at a rapid pace is manifest: IBM can now boast of over 3,200 clients using the firm’s hybrid cloud platform. That is nearly four times the number just prior to the Red Hat acquisition.\nIf management’s claims are accurate, the hybrid cloud platform will create robust growth in the software and services division’s revenues. When combined with the spinoff of Kyndryl’s slow growing managed infrastructure services business, it is reasonable to believe IBM will witness increased growth.\nIBM has a solid balance sheet, a robust yield, and when viewed using PEG ratios as a basis for valuing the stock, the shares are trading at a bit of a discount.\nAll considered, I rate IBM as a BUY.\nI think the worst case short to mid-term scenario is that the company experiences slow growth while investors collect a rather robust dividend.","news_type":1,"symbols_score_info":{"IBM":0.9}},"isVote":1,"tweetType":1,"viewCount":806,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":172939763,"gmtCreate":1626925817452,"gmtModify":1633769659953,"author":{"id":"4087190496287010","authorId":"4087190496287010","name":"CKWong0572","avatar":"https://static.tigerbbs.com/2bfa856597aa3d910baaaeddb16ce56d","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4087190496287010","idStr":"4087190496287010"},"themes":[],"title":"","htmlText":"It's a trap!!!","listText":"It's a trap!!!","text":"It's a trap!!!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/172939763","repostId":"2153477496","repostType":4,"isVote":1,"tweetType":1,"viewCount":510,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":807510416,"gmtCreate":1628043030035,"gmtModify":1633754107308,"author":{"id":"4087190496287010","authorId":"4087190496287010","name":"CKWong0572","avatar":"https://static.tigerbbs.com/2bfa856597aa3d910baaaeddb16ce56d","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4087190496287010","idStr":"4087190496287010"},"themes":[],"title":"","htmlText":"Support SGX&nbsp;","listText":"Support SGX&nbsp;","text":"Support SGX","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/807510416","repostId":"1127319449","repostType":4,"isVote":1,"tweetType":1,"viewCount":774,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":874434106,"gmtCreate":1637809670889,"gmtModify":1637809670981,"author":{"id":"4087190496287010","authorId":"4087190496287010","name":"CKWong0572","avatar":"https://static.tigerbbs.com/2bfa856597aa3d910baaaeddb16ce56d","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4087190496287010","idStr":"4087190496287010"},"themes":[],"title":"","htmlText":"We need options in SG...&nbsp;","listText":"We need options in SG...&nbsp;","text":"We need options in SG...","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/874434106","repostId":"1133661352","repostType":4,"repost":{"id":"1133661352","kind":"news","pubTimestamp":1637799244,"share":"https://www.laohunote.com/m/news/1133661352?lang=zh_CN&edition=full","pubTime":"2021-11-25 08:14","market":"sg","language":"en","title":"Singapore Bourse Set To Stop The Bleeding On Thursday<blockquote>新加坡证券交易所将于周四止血</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1133661352","media":"RTTNews","summary":"The Singapore stock market has moved lower in consecutive trading days, sinking almost 10 points or ","content":"<p>The Singapore stock market has moved lower in consecutive trading days, sinking almost 10 points or 0.3 percent along the way. The Straits Times Index now sits just above the 3,225-point plateau although it's expected to find traction on Thursday.</p><p><blockquote>新加坡股市连续几个交易日走低，一路下跌近10点或0.3%。海峡时报指数目前略高于 3,225 点的平台位，但预计将在周四找到牵引力。</blockquote></p><p> The global forecast for the Asian&nbsp;markets&nbsp;is flat to higher on easing treasury yield concerns and a rebound among technology stocks. The European markets were mixed and the U.S. bourses were mostly higher and the Asian markets figure to follow that lead.</p><p><blockquote>由于国债收益率担忧缓解和科技股反弹，亚洲市场的全球预测持平至上涨。欧洲市场涨跌互现，美国股市大多走高，亚洲市场也紧随其后。</blockquote></p><p> The STI finished barely lower on Wednesday as losses from the financial shares were offset by support from the industrials.</p><p><blockquote>STI 周三收盘勉强走低，金融股的跌幅被工业股的支撑所抵消。</blockquote></p><p> For the day, the index eased 0.38 points or 0.01 percent to finish at 3,227.15 after trading between 3,226.56 and 3,239.84. Volume was 1.64 billion shares worth 1.03 billion Singapore dollars. There were 243 gainers and 210 decliners.</p><p><blockquote>当天，该指数在3,226.56至3,239.84之间交易后，下跌0.38点或0.01%，收于3,227.15点。成交量为16.4亿股，价值10.3亿新加坡元。有243只上涨，210只下跌。</blockquote></p><p> Among the actives, Ascendas REIT advanced 0.66 percent, while City Developments soared 1.13 percent, Comfort DelGro rallied 0.67 percent, Dairy Farm International jumped 0.95 percent, DBS Group eased 0.03 percent, Keppel Corp gained 0.56 percent, Mapletree Commercial Trust climbed 0.94 percent, Mapletree Logistics Trust plunged 2.05 percent, SATS sank 0.49 percent, SembCorp Industries added 0.50 percent, Singapore Exchange and United Overseas Bank both lost 0.43 percent, Singapore Press Holdings rose 0.43 percent, Wilmar International dropped 0.46 percent, Yangzijiang Shipbuilding surged 2.31 percent and Genting Singapore, CapitaLand Integrated Commercial Trust, Singapore Technologies Engineering, Thai Beverage, Oversea-Chinese Banking Corporation, Singapore Airlines and SingTel were unchanged.</p><p><blockquote>资产中，Ascendas REIT上涨0.66%，City Developments飙升1.13%，Comfort DelGro上涨0.67%，Dairy Farm International上涨0.95%，星展集团下跌0.03%，吉宝公司上涨0.56%，丰树商业信托上涨0.94%，丰树物流信托暴跌2.05%，SATS下跌0.49%，胜科实业上涨0.50%，新加坡交易所和大华银行均下跌0.43%，新加坡报业控股上涨0.43%，丰益国际下跌0.46%，扬子江造船飙升2.31%，云顶新加坡、凯德综合商业信托、新加坡科技工程、泰国饮料、华侨银行、新加坡航空和新加坡电信持平。</blockquote></p><p> The lead from Wall Street is cautiously optimistic as the major averages opened sharply lower on Wednesday but clawed back as the day progressed, with the NASDAQ and S&amp;P 500 managing to finish higher while the Dow ended barely in the red.</p><p><blockquote>华尔街的领先优势是谨慎乐观的，因为主要股指周三大幅开盘走低，但随着当天的进展回升，纳斯达克和标普500成功收高，而道琼斯指数勉强收红。</blockquote></p><p> The Dow shed 9.42 points or 0.03 percent to finish at 35,804.38, while the NASDAQ jumped 70.09 points or 0.44 percent to close at 15,845.23 and the S&amp;P 500 rose 10.76 points or 0.23 percent to end at 4,701.46.</p><p><blockquote>道琼斯指数下跌9.42点或0.03%，收于35804.38点，纳斯达克指数上涨70.09点或0.44%，收于15845.23点，标普500指数上涨10.76点或0.23%，收于4701.46点。</blockquote></p><p> The early weakness on Wall Street came amid a continued increase in U.S. treasury yields, with the yield on the benchmark ten-year note reaching its highest intraday level in six months. Yields showed a notable downturn over the course of the trading day, however, contributing to the rebound on Wall Street.</p><p><blockquote>华尔街早盘疲软之际，美国国债收益率持续上升，基准十年期国债收益率达到六个月来最高盘中水平。然而，收益率在交易日中显示出明显的下降，这有助于华尔街的反弹。</blockquote></p><p> A Labor Department report showing first-time claims for U.S. unemployment benefits slid to their lowest level in over fifty years last week helped push yields higher.</p><p><blockquote>劳工部的一份报告显示，上周美国首次申请失业救济人数降至50多年来的最低水平，这有助于推高收益率。</blockquote></p><p> Also, the Commerce Department noted an unexpected drop in durable goods orders but an increase in new home sales in October, while personal income and spending both increased by more than expected during the month.</p><p><blockquote>此外，商务部指出，10 月份耐用品订单意外下降，但新屋销售有所增加，而当月个人收入和支出增幅均超出预期。</blockquote></p><p> Crude oil futures settled slightly lower on Wednesday after data showed a modest increase in U.S. crude stockpiles last week. West Texas Intermediate crude oil futures ended down by $0.11 or 0.14 percent at $78.39 a barrel.</p><p><blockquote>数据显示上周美国原油库存小幅增加后，原油期货周三小幅收低。西德克萨斯中质原油期货收盘下跌0.11美元，跌幅0.14%，至每桶78.39美元。</blockquote></p><p> Closer to home, Singapore will provide Q3 data for its current account later today; in the three months prior, the current account surplus was $25.64 billion.</p><p><blockquote>言归正传，新加坡将于今天晚些时候提供其经常账户的第三季度数据；此前三个月，经常账户盈余为256.4亿美元。</blockquote></p><p></p>","source":"lsy1626938412129","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>Singapore Bourse Set To Stop The Bleeding On Thursday<blockquote>新加坡证券交易所将于周四止血</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\">\nSingapore Bourse Set To Stop The Bleeding On Thursday<blockquote>新加坡证券交易所将于周四止血</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">RTTNews</strong><span class=\"h-time small\">2021-11-25 08:14</span>\n</p>\n</h4>\n</header>\n<article>\n<p>The Singapore stock market has moved lower in consecutive trading days, sinking almost 10 points or 0.3 percent along the way. The Straits Times Index now sits just above the 3,225-point plateau although it's expected to find traction on Thursday.</p><p><blockquote>新加坡股市连续几个交易日走低，一路下跌近10点或0.3%。海峡时报指数目前略高于 3,225 点的平台位，但预计将在周四找到牵引力。</blockquote></p><p> The global forecast for the Asian&nbsp;markets&nbsp;is flat to higher on easing treasury yield concerns and a rebound among technology stocks. The European markets were mixed and the U.S. bourses were mostly higher and the Asian markets figure to follow that lead.</p><p><blockquote>由于国债收益率担忧缓解和科技股反弹，亚洲市场的全球预测持平至上涨。欧洲市场涨跌互现，美国股市大多走高，亚洲市场也紧随其后。</blockquote></p><p> The STI finished barely lower on Wednesday as losses from the financial shares were offset by support from the industrials.</p><p><blockquote>STI 周三收盘勉强走低，金融股的跌幅被工业股的支撑所抵消。</blockquote></p><p> For the day, the index eased 0.38 points or 0.01 percent to finish at 3,227.15 after trading between 3,226.56 and 3,239.84. Volume was 1.64 billion shares worth 1.03 billion Singapore dollars. There were 243 gainers and 210 decliners.</p><p><blockquote>当天，该指数在3,226.56至3,239.84之间交易后，下跌0.38点或0.01%，收于3,227.15点。成交量为16.4亿股，价值10.3亿新加坡元。有243只上涨，210只下跌。</blockquote></p><p> Among the actives, Ascendas REIT advanced 0.66 percent, while City Developments soared 1.13 percent, Comfort DelGro rallied 0.67 percent, Dairy Farm International jumped 0.95 percent, DBS Group eased 0.03 percent, Keppel Corp gained 0.56 percent, Mapletree Commercial Trust climbed 0.94 percent, Mapletree Logistics Trust plunged 2.05 percent, SATS sank 0.49 percent, SembCorp Industries added 0.50 percent, Singapore Exchange and United Overseas Bank both lost 0.43 percent, Singapore Press Holdings rose 0.43 percent, Wilmar International dropped 0.46 percent, Yangzijiang Shipbuilding surged 2.31 percent and Genting Singapore, CapitaLand Integrated Commercial Trust, Singapore Technologies Engineering, Thai Beverage, Oversea-Chinese Banking Corporation, Singapore Airlines and SingTel were unchanged.</p><p><blockquote>资产中，Ascendas REIT上涨0.66%，City Developments飙升1.13%，Comfort DelGro上涨0.67%，Dairy Farm International上涨0.95%，星展集团下跌0.03%，吉宝公司上涨0.56%，丰树商业信托上涨0.94%，丰树物流信托暴跌2.05%，SATS下跌0.49%，胜科实业上涨0.50%，新加坡交易所和大华银行均下跌0.43%，新加坡报业控股上涨0.43%，丰益国际下跌0.46%，扬子江造船飙升2.31%，云顶新加坡、凯德综合商业信托、新加坡科技工程、泰国饮料、华侨银行、新加坡航空和新加坡电信持平。</blockquote></p><p> The lead from Wall Street is cautiously optimistic as the major averages opened sharply lower on Wednesday but clawed back as the day progressed, with the NASDAQ and S&amp;P 500 managing to finish higher while the Dow ended barely in the red.</p><p><blockquote>华尔街的领先优势是谨慎乐观的，因为主要股指周三大幅开盘走低，但随着当天的进展回升，纳斯达克和标普500成功收高，而道琼斯指数勉强收红。</blockquote></p><p> The Dow shed 9.42 points or 0.03 percent to finish at 35,804.38, while the NASDAQ jumped 70.09 points or 0.44 percent to close at 15,845.23 and the S&amp;P 500 rose 10.76 points or 0.23 percent to end at 4,701.46.</p><p><blockquote>道琼斯指数下跌9.42点或0.03%，收于35804.38点，纳斯达克指数上涨70.09点或0.44%，收于15845.23点，标普500指数上涨10.76点或0.23%，收于4701.46点。</blockquote></p><p> The early weakness on Wall Street came amid a continued increase in U.S. treasury yields, with the yield on the benchmark ten-year note reaching its highest intraday level in six months. Yields showed a notable downturn over the course of the trading day, however, contributing to the rebound on Wall Street.</p><p><blockquote>华尔街早盘疲软之际，美国国债收益率持续上升，基准十年期国债收益率达到六个月来最高盘中水平。然而，收益率在交易日中显示出明显的下降，这有助于华尔街的反弹。</blockquote></p><p> A Labor Department report showing first-time claims for U.S. unemployment benefits slid to their lowest level in over fifty years last week helped push yields higher.</p><p><blockquote>劳工部的一份报告显示，上周美国首次申请失业救济人数降至50多年来的最低水平，这有助于推高收益率。</blockquote></p><p> Also, the Commerce Department noted an unexpected drop in durable goods orders but an increase in new home sales in October, while personal income and spending both increased by more than expected during the month.</p><p><blockquote>此外，商务部指出，10 月份耐用品订单意外下降，但新屋销售有所增加，而当月个人收入和支出增幅均超出预期。</blockquote></p><p> Crude oil futures settled slightly lower on Wednesday after data showed a modest increase in U.S. crude stockpiles last week. West Texas Intermediate crude oil futures ended down by $0.11 or 0.14 percent at $78.39 a barrel.</p><p><blockquote>数据显示上周美国原油库存小幅增加后，原油期货周三小幅收低。西德克萨斯中质原油期货收盘下跌0.11美元，跌幅0.14%，至每桶78.39美元。</blockquote></p><p> Closer to home, Singapore will provide Q3 data for its current account later today; in the three months prior, the current account surplus was $25.64 billion.</p><p><blockquote>言归正传，新加坡将于今天晚些时候提供其经常账户的第三季度数据；此前三个月，经常账户盈余为256.4亿美元。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.rttnews.com/3244786/singapore-bourse-set-to-stop-the-bleeding-on-thursday.aspx\">RTTNews</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":{"STI.SI":"富时新加坡海峡指数"},"source_url":"https://www.rttnews.com/3244786/singapore-bourse-set-to-stop-the-bleeding-on-thursday.aspx","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1133661352","content_text":"The Singapore stock market has moved lower in consecutive trading days, sinking almost 10 points or 0.3 percent along the way. The Straits Times Index now sits just above the 3,225-point plateau although it's expected to find traction on Thursday.\nThe global forecast for the Asian markets is flat to higher on easing treasury yield concerns and a rebound among technology stocks. The European markets were mixed and the U.S. bourses were mostly higher and the Asian markets figure to follow that lead.\nThe STI finished barely lower on Wednesday as losses from the financial shares were offset by support from the industrials.\nFor the day, the index eased 0.38 points or 0.01 percent to finish at 3,227.15 after trading between 3,226.56 and 3,239.84. Volume was 1.64 billion shares worth 1.03 billion Singapore dollars. There were 243 gainers and 210 decliners.\nAmong the actives, Ascendas REIT advanced 0.66 percent, while City Developments soared 1.13 percent, Comfort DelGro rallied 0.67 percent, Dairy Farm International jumped 0.95 percent, DBS Group eased 0.03 percent, Keppel Corp gained 0.56 percent, Mapletree Commercial Trust climbed 0.94 percent, Mapletree Logistics Trust plunged 2.05 percent, SATS sank 0.49 percent, SembCorp Industries added 0.50 percent, Singapore Exchange and United Overseas Bank both lost 0.43 percent, Singapore Press Holdings rose 0.43 percent, Wilmar International dropped 0.46 percent, Yangzijiang Shipbuilding surged 2.31 percent and Genting Singapore, CapitaLand Integrated Commercial Trust, Singapore Technologies Engineering, Thai Beverage, Oversea-Chinese Banking Corporation, Singapore Airlines and SingTel were unchanged.\nThe lead from Wall Street is cautiously optimistic as the major averages opened sharply lower on Wednesday but clawed back as the day progressed, with the NASDAQ and S&P 500 managing to finish higher while the Dow ended barely in the red.\nThe Dow shed 9.42 points or 0.03 percent to finish at 35,804.38, while the NASDAQ jumped 70.09 points or 0.44 percent to close at 15,845.23 and the S&P 500 rose 10.76 points or 0.23 percent to end at 4,701.46.\nThe early weakness on Wall Street came amid a continued increase in U.S. treasury yields, with the yield on the benchmark ten-year note reaching its highest intraday level in six months. Yields showed a notable downturn over the course of the trading day, however, contributing to the rebound on Wall Street.\nA Labor Department report showing first-time claims for U.S. unemployment benefits slid to their lowest level in over fifty years last week helped push yields higher.\nAlso, the Commerce Department noted an unexpected drop in durable goods orders but an increase in new home sales in October, while personal income and spending both increased by more than expected during the month.\nCrude oil futures settled slightly lower on Wednesday after data showed a modest increase in U.S. crude stockpiles last week. West Texas Intermediate crude oil futures ended down by $0.11 or 0.14 percent at $78.39 a barrel.\nCloser to home, Singapore will provide Q3 data for its current account later today; in the three months prior, the current account surplus was $25.64 billion.","news_type":1,"symbols_score_info":{"STI.SI":0.9}},"isVote":1,"tweetType":1,"viewCount":4949,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":806565254,"gmtCreate":1627680442778,"gmtModify":1633757256762,"author":{"id":"4087190496287010","authorId":"4087190496287010","name":"CKWong0572","avatar":"https://static.tigerbbs.com/2bfa856597aa3d910baaaeddb16ce56d","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4087190496287010","idStr":"4087190496287010"},"themes":[],"title":"","htmlText":"Who dares to buy ?","listText":"Who dares to buy ?","text":"Who dares to buy ?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/806565254","repostId":"1169140433","repostType":4,"isVote":1,"tweetType":1,"viewCount":652,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":141757534,"gmtCreate":1625894297628,"gmtModify":1633936268664,"author":{"id":"4087190496287010","authorId":"4087190496287010","name":"CKWong0572","avatar":"https://static.tigerbbs.com/2bfa856597aa3d910baaaeddb16ce56d","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4087190496287010","idStr":"4087190496287010"},"themes":[],"title":"","htmlText":"Oh man why .....","listText":"Oh man why .....","text":"Oh man why .....","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/141757534","repostId":"1138077902","repostType":4,"repost":{"id":"1138077902","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":1625883154,"share":"https://www.laohunote.com/m/news/1138077902?lang=zh_CN&edition=full","pubTime":"2021-07-10 10:12","market":"hk","language":"en","title":"China has prohibited the merger of HuYa and DouYu<blockquote>中国禁止虎牙和斗鱼合并</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1138077902","media":"Tiger Newspress","summary":"The State Administration of market supervision of China has prohibited the merger of HuYa and DouYu.On January 4, 2021, the State Administration of market supervision of the people's Republic of China conducted an anti-monopoly examination on the concentration of business operators in accordance with the law in the merger case of tiger tooth company and Betta International Holding Co., Ltd. declared by Tencent Holding Co., Ltd.Tencent responded that the company will seriously abide by the review","content":"<p>The State Administration of market supervision of China has prohibited the merger of HuYa and DouYu.</p><p><blockquote>中国国家市场监督管理总局已经禁止虎牙和斗鱼合并。</blockquote></p><p> On January 4, 2021, the State Administration of market supervision of the people's Republic of China conducted an anti-monopoly examination on the concentration of business operators in accordance with the law in the merger case of tiger tooth company and Betta International Holding Co., Ltd. declared by Tencent Holding Co., Ltd.</p><p><blockquote>2021年1月4日，国家市场监督管理总局对腾讯控股控股有限公司申报的虎牙公司与斗鱼国际控股有限公司合并一案，依法进行了经营者集中反垄断审查。</blockquote></p><p> According to the anti monopoly law, the State Administration of market supervision comprehensively analyzes and evaluates the market share of the operators participating in the concentration in the relevant market and their control over the market, the degree of market concentration, the impact of concentration on market entry and technological progress, the impact of concentration on consumers and other relevant operators, as well as the effectiveness of the additional restrictive commitment scheme proposed by Tencent. During the review process, the State Administration of market supervision extensively solicited opinions from relevant government departments, industry associations, experts and scholars, competitors in the same industry and downstream customers, and listened to Tencent's opinions for many times.</p><p><blockquote>国家市场监督管理总局根据《反垄断法》，综合分析评价参与集中的经营者在相关市场的市场份额及其对市场的控制力、市场集中程度、集中对市场进入和技术进步的影响、集中对消费者和其他相关经营者的影响，以及腾讯控股提出的附加限制性承诺方案的有效性。在审查过程中，市场监管总局广泛征求了相关政府部门、行业协会、专家学者、同行业竞争对手和下游客户的意见，多次听取了腾讯方面的意见。</blockquote></p><p> The review shows that the relevant market of this case is the online game operation service market and the live game market in China. Tencent's market share in the upstream online game operation service exceeds 40%, ranking first; Tiger teeth and fighting fish have more than 40% and 30% of the downstream live game market shares respectively, ranking first and second, with a total of more than 70%. At present, Tencent has separate control over tiger tooth and joint control over Betta. For example, the merger of tiger tooth and Betta will make Tencent control the merged entity separately, further strengthen Tencent's dominant position in the live game market, and enable Tencent to have the ability and motivation to implement closed-loop management and two-way vertical blockade in the upstream and downstream markets, which has or may have the effect of excluding and limiting competition, which is not conducive to fair competition in the market and may damage the interests of consumers, It is not conducive to the healthy and sustainable development of online games and live game market. After evaluation, Tencent's proposal of additional restrictive conditions commitment can not effectively solve the above competition concerns.</p><p><blockquote>审查显示，本案涉案市场为我国网络游戏运营服务市场和直播游戏市场。腾讯在上游网络游戏运营服务市场份额超过40%，排名第一；虎牙和斗鱼分别占据了下游直播游戏市场份额的40%和30%以上，分列第一和第二位，合计超过70%。目前，腾讯控股对虎牙实行单独管控，对斗鱼实行联合管控。如虎牙与斗鱼合并将使腾讯控股单独控制合并后的实体，进一步强化腾讯在直播游戏市场的主导地位，使腾讯控股有能力和动力在上下游市场实施闭环管理和双向垂直封锁，具有或可能具有排除和限制竞争的效果，不利于市场的公平竞争，可能损害消费者的利益，不利于网络游戏和直播游戏市场的健康可持续发展。经评估，腾讯提出的附加限制性条件承诺不能有效解决上述竞争担忧。</blockquote></p><p> According to Article 28 of the anti monopoly law and Article 35 of the Interim Provisions on the examination of business concentration, the State Administration of market supervision has decided to prohibit such business concentration according to law.</p><p><blockquote>根据《反垄断法》第二十八条和《经营者集中审查暂行规定》第三十五条的规定，市场监管总局决定依法禁止此类经营者集中。</blockquote></p><p> Tencent responded that the company will seriously abide by the review decision, actively cooperate with regulatory requirements, operate in accordance with the law and fulfill its social responsibilities.</p><p><blockquote>腾讯控股回应称，公司将认真遵守审查决定，积极配合监管要求，依法经营，履行社会责任。</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>China has prohibited the merger of HuYa and DouYu<blockquote>中国禁止虎牙和斗鱼合并</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nChina has prohibited the merger of HuYa and DouYu<blockquote>中国禁止虎牙和斗鱼合并</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\">2021-07-10 10:12</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>The State Administration of market supervision of China has prohibited the merger of HuYa and DouYu.</p><p><blockquote>中国国家市场监督管理总局已经禁止虎牙和斗鱼合并。</blockquote></p><p> On January 4, 2021, the State Administration of market supervision of the people's Republic of China conducted an anti-monopoly examination on the concentration of business operators in accordance with the law in the merger case of tiger tooth company and Betta International Holding Co., Ltd. declared by Tencent Holding Co., Ltd.</p><p><blockquote>2021年1月4日，国家市场监督管理总局对腾讯控股控股有限公司申报的虎牙公司与斗鱼国际控股有限公司合并一案，依法进行了经营者集中反垄断审查。</blockquote></p><p> According to the anti monopoly law, the State Administration of market supervision comprehensively analyzes and evaluates the market share of the operators participating in the concentration in the relevant market and their control over the market, the degree of market concentration, the impact of concentration on market entry and technological progress, the impact of concentration on consumers and other relevant operators, as well as the effectiveness of the additional restrictive commitment scheme proposed by Tencent. During the review process, the State Administration of market supervision extensively solicited opinions from relevant government departments, industry associations, experts and scholars, competitors in the same industry and downstream customers, and listened to Tencent's opinions for many times.</p><p><blockquote>国家市场监督管理总局根据《反垄断法》，综合分析评价参与集中的经营者在相关市场的市场份额及其对市场的控制力、市场集中程度、集中对市场进入和技术进步的影响、集中对消费者和其他相关经营者的影响，以及腾讯控股提出的附加限制性承诺方案的有效性。在审查过程中，市场监管总局广泛征求了相关政府部门、行业协会、专家学者、同行业竞争对手和下游客户的意见，多次听取了腾讯方面的意见。</blockquote></p><p> The review shows that the relevant market of this case is the online game operation service market and the live game market in China. Tencent's market share in the upstream online game operation service exceeds 40%, ranking first; Tiger teeth and fighting fish have more than 40% and 30% of the downstream live game market shares respectively, ranking first and second, with a total of more than 70%. At present, Tencent has separate control over tiger tooth and joint control over Betta. For example, the merger of tiger tooth and Betta will make Tencent control the merged entity separately, further strengthen Tencent's dominant position in the live game market, and enable Tencent to have the ability and motivation to implement closed-loop management and two-way vertical blockade in the upstream and downstream markets, which has or may have the effect of excluding and limiting competition, which is not conducive to fair competition in the market and may damage the interests of consumers, It is not conducive to the healthy and sustainable development of online games and live game market. After evaluation, Tencent's proposal of additional restrictive conditions commitment can not effectively solve the above competition concerns.</p><p><blockquote>审查显示，本案涉案市场为我国网络游戏运营服务市场和直播游戏市场。腾讯在上游网络游戏运营服务市场份额超过40%，排名第一；虎牙和斗鱼分别占据了下游直播游戏市场份额的40%和30%以上，分列第一和第二位，合计超过70%。目前，腾讯控股对虎牙实行单独管控，对斗鱼实行联合管控。如虎牙与斗鱼合并将使腾讯控股单独控制合并后的实体，进一步强化腾讯在直播游戏市场的主导地位，使腾讯控股有能力和动力在上下游市场实施闭环管理和双向垂直封锁，具有或可能具有排除和限制竞争的效果，不利于市场的公平竞争，可能损害消费者的利益，不利于网络游戏和直播游戏市场的健康可持续发展。经评估，腾讯提出的附加限制性条件承诺不能有效解决上述竞争担忧。</blockquote></p><p> According to Article 28 of the anti monopoly law and Article 35 of the Interim Provisions on the examination of business concentration, the State Administration of market supervision has decided to prohibit such business concentration according to law.</p><p><blockquote>根据《反垄断法》第二十八条和《经营者集中审查暂行规定》第三十五条的规定，市场监管总局决定依法禁止此类经营者集中。</blockquote></p><p> Tencent responded that the company will seriously abide by the review decision, actively cooperate with regulatory requirements, operate in accordance with the law and fulfill its social responsibilities.</p><p><blockquote>腾讯控股回应称，公司将认真遵守审查决定，积极配合监管要求，依法经营，履行社会责任。</blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"HUYA":"虎牙","00700":"腾讯控股","DOYU":"斗鱼"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1138077902","content_text":"The State Administration of market supervision of China has prohibited the merger of HuYa and DouYu.\nOn January 4, 2021, the State Administration of market supervision of the people's Republic of China conducted an anti-monopoly examination on the concentration of business operators in accordance with the law in the merger case of tiger tooth company and Betta International Holding Co., Ltd. declared by Tencent Holding Co., Ltd.\nAccording to the anti monopoly law, the State Administration of market supervision comprehensively analyzes and evaluates the market share of the operators participating in the concentration in the relevant market and their control over the market, the degree of market concentration, the impact of concentration on market entry and technological progress, the impact of concentration on consumers and other relevant operators, as well as the effectiveness of the additional restrictive commitment scheme proposed by Tencent. During the review process, the State Administration of market supervision extensively solicited opinions from relevant government departments, industry associations, experts and scholars, competitors in the same industry and downstream customers, and listened to Tencent's opinions for many times.\nThe review shows that the relevant market of this case is the online game operation service market and the live game market in China. Tencent's market share in the upstream online game operation service exceeds 40%, ranking first; Tiger teeth and fighting fish have more than 40% and 30% of the downstream live game market shares respectively, ranking first and second, with a total of more than 70%. At present, Tencent has separate control over tiger tooth and joint control over Betta. For example, the merger of tiger tooth and Betta will make Tencent control the merged entity separately, further strengthen Tencent's dominant position in the live game market, and enable Tencent to have the ability and motivation to implement closed-loop management and two-way vertical blockade in the upstream and downstream markets, which has or may have the effect of excluding and limiting competition, which is not conducive to fair competition in the market and may damage the interests of consumers, It is not conducive to the healthy and sustainable development of online games and live game market. After evaluation, Tencent's proposal of additional restrictive conditions commitment can not effectively solve the above competition concerns.\nAccording to Article 28 of the anti monopoly law and Article 35 of the Interim Provisions on the examination of business concentration, the State Administration of market supervision has decided to prohibit such business concentration according to law.\nTencent responded that the company will seriously abide by the review decision, actively cooperate with regulatory requirements, operate in accordance with the law and fulfill its social responsibilities.","news_type":1,"symbols_score_info":{"00700":0.9,"DOYU":0.9,"HUYA":0.9}},"isVote":1,"tweetType":1,"viewCount":406,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":153085406,"gmtCreate":1624986147705,"gmtModify":1633946139262,"author":{"id":"4087190496287010","authorId":"4087190496287010","name":"CKWong0572","avatar":"https://static.tigerbbs.com/2bfa856597aa3d910baaaeddb16ce56d","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4087190496287010","idStr":"4087190496287010"},"themes":[],"title":"","htmlText":"I wish there's a crash again","listText":"I wish there's a crash again","text":"I wish there's a crash again","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/153085406","repostId":"2147343850","repostType":4,"isVote":1,"tweetType":1,"viewCount":575,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":174261428,"gmtCreate":1627102124364,"gmtModify":1633767927911,"author":{"id":"4087190496287010","authorId":"4087190496287010","name":"CKWong0572","avatar":"https://static.tigerbbs.com/2bfa856597aa3d910baaaeddb16ce56d","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4087190496287010","idStr":"4087190496287010"},"themes":[],"title":"","htmlText":"Thk it won't make it","listText":"Thk it won't make it","text":"Thk it won't make it","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/174261428","repostId":"1191636755","repostType":4,"repost":{"id":"1191636755","kind":"news","pubTimestamp":1627084309,"share":"https://www.laohunote.com/m/news/1191636755?lang=zh_CN&edition=full","pubTime":"2021-07-24 07:51","market":"us","language":"en","title":"Tesla Earnings Are Coming. Here’s the One Number That Matters.<blockquote>特斯拉的收益即将到来。这是一个重要的数字。</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1191636755","media":"Barrons","summary":"Tesla’s second-quarter earnings are just around the corner, and investors should gear up for a likel","content":"<p>Tesla’s second-quarter earnings are just around the corner, and investors should gear up for a likely very complicated report.</p><p><blockquote>特斯拉第二季度财报即将发布，投资者应该为一份可能非常复杂的报告做好准备。</blockquote></p><p> There are a lot of moving parts, even more than usual for the world’s most valuable car company and its iconoclast CEO Elon Musk. Figuring out if the stock will go up or down, however, shouldn’t be all that difficult.</p><p><blockquote>对于世界上最有价值的汽车公司及其打破常规的首席执行官埃隆-马斯克（Elon Musk）来说，有很多移动部件，甚至比平时还要多。不过，判断股票是上涨还是下跌应该并不难。</blockquote></p><p> The EV pioneer will report after the close of trading on Monday,July 26. Wall Street is looking for&nbsp;Tesla to report about 94 cents in per-share earnings from $11.5 billion in sales, according to FactSet. Beating analyst estimates is important, almost required, for any stock to remain stable in post-earnings trading. That’s true for Tesla as well.</p><p><blockquote>电动汽车先锋将于 7 月 26 日星期一收盘后发布报告。据 FactSet 称，华尔街希望特斯拉在 115 亿美元的销售额中报告每股收益约 94 美分。超出分析师预期对于任何股票在财报后交易中保持稳定来说都很重要，几乎是必需的。特斯拉也是如此。</blockquote></p><p> There are plenty of factors that will contribute to bottom-line earnings—the global&nbsp;semiconductor&nbsp;shortage,vehicle pricing, vehicle gross profit margins, and the level of profitability in Tesla’s battery storage business. In the end, however, investors will want to see a record in operating profits—no matter how it happens. That’s what could break shares out of their recent range.</p><p><blockquote>有很多因素会影响底线收益--全球半导体短缺、汽车定价、汽车毛利率以及特斯拉电池存储业务的盈利水平。然而，最终，投资者会希望看到营业利润创纪录——无论如何发生。这可能会打破股价近期的区间。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/eb9cfd5cbe6d36d06167f82af45447d1\" tg-width=\"869\" tg-height=\"580\" width=\"100%\" height=\"auto\"></p><p><blockquote></blockquote></p><p> Tesla reported more than $800 million in operating profits in the 2020 third quarter, and the stock more than doubled to around $860 in the three-month span that followed. But since operating profit growth largely paused in the subsequent quarters, shares have traded down from roughly $860 to around $640 recently. Profit stagnation has meant stock stagnation, too.</p><p><blockquote>特斯拉公布 2020 年第三季度营业利润超过 8 亿美元，在接下来的三个月内，该股股价翻了一番多，达到 860 美元左右。但由于营业利润增长在随后几个季度基本暂停，股价已从约 860 美元跌至最近的 640 美元左右。利润停滞也意味着库存停滞。</blockquote></p><p> The good news for Tesla bulls is Wall Street is projecting a fresh record: Operating profit is expected to be $835 million for the second quarter, driven by strong deliveries. The 2021 second quarter marked the first time Tesla delivered&nbsp;more than 200,000&nbsp;vehicles in a single quarter.</p><p><blockquote>对于特斯拉多头来说，好消息是华尔街预计将创下新纪录：在强劲交付的推动下，第二季度营业利润预计将达到 8.35 亿美元。2021年第二季度是特斯拉首次在单季度交付超过20万辆汽车。</blockquote></p><p> After earnings are digested, there should be endless arguments among bulls and bears about the quality of earnings. For instance, one way Tesla generates sales is by selling regulatory credits—which it earns by producing more than its fair share of electric vehicles. The company generated $518 million in first-quarter credit sales, which helped Tesla&nbsp;beat earnings&nbsp;estimates. There is always debate about what is the “normal” amount of credit sales and when will those sales dry up. Eventually, both the bulls and bears expect other auto makers to sell their own EVs, cutting off that source of revenue for Tesla.</p><p><blockquote>财报消化完毕后，多头和空头之间关于财报质量的争论应该会层出不穷。例如，特斯拉创造销售额的一种方式是出售监管积分——它通过生产超过其公平份额的电动汽车来获得这些积分。该公司第一季度信贷销售额为 5.18 亿美元，帮助特斯拉超出盈利预期。关于信用销售额的 “正常 ”数量以及这些销售额何时会枯竭，一直存在争议。最终，多头和空头都预计其他汽车制造商将出售自己的电动汽车，从而切断特斯拉的收入来源。</blockquote></p><p> There is also the issue&nbsp;of Bitcoin. Tesla recognized a small gain on its Bitcoin holdings in the first quarter, but the cryptocurrency’s prices have fallen by roughly half since their April peak. That means there is a chance of a small loss. How investors react is anyone’s guess, but don’t expect Tesla to sell out of its Bitcoin position. Musk continues to indicate his company will transact in the cryptocurrency when Bitcoin mining uses more sustainable power.</p><p><blockquote>还有比特币的问题。特斯拉承认其持有的比特币在第一季度略有增加，但这种加密货币的价格自 4 月份的峰值以来已经下跌了大约一半。这意味着有可能出现小幅亏损。投资者的反应谁也说不准，但不要指望特斯拉会抛售其比特币头寸。马斯克继续表示，当比特币矿业使用更可持续的电力时，他的公司将以加密货币进行交易。</blockquote></p><p> Investors will also want to know when Tesla’s new Germany plant and Austin, Texas facility will start delivering cars. The Austin plant will build Tesla’s&nbsp;Cybertruck. There will also likely be questions about advances in Tesla’s driver-assistance functions—the company recently started selling its driver-assistance software&nbsp;as a subscription—and how much money the company could make from its charging network. Musk tweeted this week Tesla would open its&nbsp;charging network&nbsp;to other EVs down the road.</p><p><blockquote>投资者还想知道特斯拉在德国的新工厂和德克萨斯州奥斯汀的工厂何时开始交付汽车。奥斯汀工厂将生产特斯拉的 Cybertruck。特斯拉驾驶辅助功能的进步--该公司最近开始以订阅的形式销售其驾驶辅助软件--以及该公司能从其充电网络中赚多少钱，也可能会有人质疑。马斯克本周在推特上表示，特斯拉将向未来的其他电动汽车开放其充电网络。</blockquote></p><p> All those topics and more should come up on the earningsconference callscheduled for 5:30 p.m. ET on Monday. Year to date, Tesla stock is down roughly 9%, trailing behind comparable 17% and 15% respective gains of theS&amp;P 500andDow Jones Industrial Average.Still, Tesla shares have had a strong run, up about 112% over the past 12 months.</p><p><blockquote>所有这些话题以及更多话题都应该在定于下午 5:30 举行的财报电话会议上提出。美国东部时间周一。今年迄今为止，特斯拉股价已下跌约 9%，落后于标准普尔 500 指数和道琼斯工业平均指数分别 17% 和 15% 的可比涨幅。尽管如此，特斯拉股价仍表现强劲，过去 12 个月上涨了约 112%。</blockquote></p><p></p>","source":"lsy1601382232898","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Tesla Earnings Are Coming. Here’s the One Number That Matters.<blockquote>特斯拉的收益即将到来。这是一个重要的数字。</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTesla Earnings Are Coming. Here’s the One Number That Matters.<blockquote>特斯拉的收益即将到来。这是一个重要的数字。</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Barrons</strong><span class=\"h-time small\">2021-07-24 07:51</span>\n</p>\n</h4>\n</header>\n<article>\n<p>Tesla’s second-quarter earnings are just around the corner, and investors should gear up for a likely very complicated report.</p><p><blockquote>特斯拉第二季度财报即将发布，投资者应该为一份可能非常复杂的报告做好准备。</blockquote></p><p> There are a lot of moving parts, even more than usual for the world’s most valuable car company and its iconoclast CEO Elon Musk. Figuring out if the stock will go up or down, however, shouldn’t be all that difficult.</p><p><blockquote>对于世界上最有价值的汽车公司及其打破常规的首席执行官埃隆-马斯克（Elon Musk）来说，有很多移动部件，甚至比平时还要多。不过，判断股票是上涨还是下跌应该并不难。</blockquote></p><p> The EV pioneer will report after the close of trading on Monday,July 26. Wall Street is looking for&nbsp;Tesla to report about 94 cents in per-share earnings from $11.5 billion in sales, according to FactSet. Beating analyst estimates is important, almost required, for any stock to remain stable in post-earnings trading. That’s true for Tesla as well.</p><p><blockquote>电动汽车先锋将于 7 月 26 日星期一收盘后发布报告。据 FactSet 称，华尔街希望特斯拉在 115 亿美元的销售额中报告每股收益约 94 美分。超出分析师预期对于任何股票在财报后交易中保持稳定来说都很重要，几乎是必需的。特斯拉也是如此。</blockquote></p><p> There are plenty of factors that will contribute to bottom-line earnings—the global&nbsp;semiconductor&nbsp;shortage,vehicle pricing, vehicle gross profit margins, and the level of profitability in Tesla’s battery storage business. In the end, however, investors will want to see a record in operating profits—no matter how it happens. That’s what could break shares out of their recent range.</p><p><blockquote>有很多因素会影响底线收益--全球半导体短缺、汽车定价、汽车毛利率以及特斯拉电池存储业务的盈利水平。然而，最终，投资者会希望看到营业利润创纪录——无论如何发生。这可能会打破股价近期的区间。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/eb9cfd5cbe6d36d06167f82af45447d1\" tg-width=\"869\" tg-height=\"580\" width=\"100%\" height=\"auto\"></p><p><blockquote></blockquote></p><p> Tesla reported more than $800 million in operating profits in the 2020 third quarter, and the stock more than doubled to around $860 in the three-month span that followed. But since operating profit growth largely paused in the subsequent quarters, shares have traded down from roughly $860 to around $640 recently. Profit stagnation has meant stock stagnation, too.</p><p><blockquote>特斯拉公布 2020 年第三季度营业利润超过 8 亿美元，在接下来的三个月内，该股股价翻了一番多，达到 860 美元左右。但由于营业利润增长在随后几个季度基本暂停，股价已从约 860 美元跌至最近的 640 美元左右。利润停滞也意味着库存停滞。</blockquote></p><p> The good news for Tesla bulls is Wall Street is projecting a fresh record: Operating profit is expected to be $835 million for the second quarter, driven by strong deliveries. The 2021 second quarter marked the first time Tesla delivered&nbsp;more than 200,000&nbsp;vehicles in a single quarter.</p><p><blockquote>对于特斯拉多头来说，好消息是华尔街预计将创下新纪录：在强劲交付的推动下，第二季度营业利润预计将达到 8.35 亿美元。2021年第二季度是特斯拉首次在单季度交付超过20万辆汽车。</blockquote></p><p> After earnings are digested, there should be endless arguments among bulls and bears about the quality of earnings. For instance, one way Tesla generates sales is by selling regulatory credits—which it earns by producing more than its fair share of electric vehicles. The company generated $518 million in first-quarter credit sales, which helped Tesla&nbsp;beat earnings&nbsp;estimates. There is always debate about what is the “normal” amount of credit sales and when will those sales dry up. Eventually, both the bulls and bears expect other auto makers to sell their own EVs, cutting off that source of revenue for Tesla.</p><p><blockquote>财报消化完毕后，多头和空头之间关于财报质量的争论应该会层出不穷。例如，特斯拉创造销售额的一种方式是出售监管积分——它通过生产超过其公平份额的电动汽车来获得这些积分。该公司第一季度信贷销售额为 5.18 亿美元，帮助特斯拉超出盈利预期。关于信用销售额的 “正常 ”数量以及这些销售额何时会枯竭，一直存在争议。最终，多头和空头都预计其他汽车制造商将出售自己的电动汽车，从而切断特斯拉的收入来源。</blockquote></p><p> There is also the issue&nbsp;of Bitcoin. Tesla recognized a small gain on its Bitcoin holdings in the first quarter, but the cryptocurrency’s prices have fallen by roughly half since their April peak. That means there is a chance of a small loss. How investors react is anyone’s guess, but don’t expect Tesla to sell out of its Bitcoin position. Musk continues to indicate his company will transact in the cryptocurrency when Bitcoin mining uses more sustainable power.</p><p><blockquote>还有比特币的问题。特斯拉承认其持有的比特币在第一季度略有增加，但这种加密货币的价格自 4 月份的峰值以来已经下跌了大约一半。这意味着有可能出现小幅亏损。投资者的反应谁也说不准，但不要指望特斯拉会抛售其比特币头寸。马斯克继续表示，当比特币矿业使用更可持续的电力时，他的公司将以加密货币进行交易。</blockquote></p><p> Investors will also want to know when Tesla’s new Germany plant and Austin, Texas facility will start delivering cars. The Austin plant will build Tesla’s&nbsp;Cybertruck. There will also likely be questions about advances in Tesla’s driver-assistance functions—the company recently started selling its driver-assistance software&nbsp;as a subscription—and how much money the company could make from its charging network. Musk tweeted this week Tesla would open its&nbsp;charging network&nbsp;to other EVs down the road.</p><p><blockquote>投资者还想知道特斯拉在德国的新工厂和德克萨斯州奥斯汀的工厂何时开始交付汽车。奥斯汀工厂将生产特斯拉的 Cybertruck。特斯拉驾驶辅助功能的进步--该公司最近开始以订阅的形式销售其驾驶辅助软件--以及该公司能从其充电网络中赚多少钱，也可能会有人质疑。马斯克本周在推特上表示，特斯拉将向未来的其他电动汽车开放其充电网络。</blockquote></p><p> All those topics and more should come up on the earningsconference callscheduled for 5:30 p.m. ET on Monday. Year to date, Tesla stock is down roughly 9%, trailing behind comparable 17% and 15% respective gains of theS&amp;P 500andDow Jones Industrial Average.Still, Tesla shares have had a strong run, up about 112% over the past 12 months.</p><p><blockquote>所有这些话题以及更多话题都应该在定于下午 5:30 举行的财报电话会议上提出。美国东部时间周一。今年迄今为止，特斯拉股价已下跌约 9%，落后于标准普尔 500 指数和道琼斯工业平均指数分别 17% 和 15% 的可比涨幅。尽管如此，特斯拉股价仍表现强劲，过去 12 个月上涨了约 112%。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.barrons.com/articles/tesla-stock-earnings-preview-51627061822?mod=hp_DAY_Theme_2_1\">Barrons</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉"},"source_url":"https://www.barrons.com/articles/tesla-stock-earnings-preview-51627061822?mod=hp_DAY_Theme_2_1","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1191636755","content_text":"Tesla’s second-quarter earnings are just around the corner, and investors should gear up for a likely very complicated report.\nThere are a lot of moving parts, even more than usual for the world’s most valuable car company and its iconoclast CEO Elon Musk. Figuring out if the stock will go up or down, however, shouldn’t be all that difficult.\nThe EV pioneer will report after the close of trading on Monday,July 26. Wall Street is looking for Tesla to report about 94 cents in per-share earnings from $11.5 billion in sales, according to FactSet. Beating analyst estimates is important, almost required, for any stock to remain stable in post-earnings trading. That’s true for Tesla as well.\nThere are plenty of factors that will contribute to bottom-line earnings—the global semiconductor shortage,vehicle pricing, vehicle gross profit margins, and the level of profitability in Tesla’s battery storage business. In the end, however, investors will want to see a record in operating profits—no matter how it happens. That’s what could break shares out of their recent range.\n\nTesla reported more than $800 million in operating profits in the 2020 third quarter, and the stock more than doubled to around $860 in the three-month span that followed. But since operating profit growth largely paused in the subsequent quarters, shares have traded down from roughly $860 to around $640 recently. Profit stagnation has meant stock stagnation, too.\nThe good news for Tesla bulls is Wall Street is projecting a fresh record: Operating profit is expected to be $835 million for the second quarter, driven by strong deliveries. The 2021 second quarter marked the first time Tesla delivered more than 200,000 vehicles in a single quarter.\nAfter earnings are digested, there should be endless arguments among bulls and bears about the quality of earnings. For instance, one way Tesla generates sales is by selling regulatory credits—which it earns by producing more than its fair share of electric vehicles. The company generated $518 million in first-quarter credit sales, which helped Tesla beat earnings estimates. There is always debate about what is the “normal” amount of credit sales and when will those sales dry up. Eventually, both the bulls and bears expect other auto makers to sell their own EVs, cutting off that source of revenue for Tesla.\nThere is also the issue of Bitcoin. Tesla recognized a small gain on its Bitcoin holdings in the first quarter, but the cryptocurrency’s prices have fallen by roughly half since their April peak. That means there is a chance of a small loss. How investors react is anyone’s guess, but don’t expect Tesla to sell out of its Bitcoin position. Musk continues to indicate his company will transact in the cryptocurrency when Bitcoin mining uses more sustainable power.\nInvestors will also want to know when Tesla’s new Germany plant and Austin, Texas facility will start delivering cars. The Austin plant will build Tesla’s Cybertruck. There will also likely be questions about advances in Tesla’s driver-assistance functions—the company recently started selling its driver-assistance software as a subscription—and how much money the company could make from its charging network. Musk tweeted this week Tesla would open its charging network to other EVs down the road.\nAll those topics and more should come up on the earningsconference callscheduled for 5:30 p.m. ET on Monday. Year to date, Tesla stock is down roughly 9%, trailing behind comparable 17% and 15% respective gains of theS&P 500andDow Jones Industrial Average.Still, Tesla shares have had a strong run, up about 112% over the past 12 months.","news_type":1,"symbols_score_info":{"TSLA":0.9}},"isVote":1,"tweetType":1,"viewCount":571,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":173710025,"gmtCreate":1626685882967,"gmtModify":1633924943562,"author":{"id":"4087190496287010","authorId":"4087190496287010","name":"CKWong0572","avatar":"https://static.tigerbbs.com/2bfa856597aa3d910baaaeddb16ce56d","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4087190496287010","idStr":"4087190496287010"},"themes":[],"title":"","htmlText":"Pls fall more","listText":"Pls fall more","text":"Pls fall more","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/173710025","repostId":"2152634207","repostType":4,"isVote":1,"tweetType":1,"viewCount":493,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}