Yuenyee的个人主页 - 老虎社区

Yuenyee

Yuenyee

暂无个人介绍

IP属地：未知

214关注

15粉丝

0主题

0勋章

2021-09-21

👍

Upstart jumped nearly 7% and reached record high<blockquote>Upstart大涨近7%创历史新高</blockquote>

2021-09-11

👍

Why Apple’s Risk Is Limited<blockquote>为什么苹果的风险有限</blockquote>

2021-10-01

👍

European stock markets tumble amid fears of slowing economic growth<blockquote>欧洲股市因担心经济增长放缓而暴跌</blockquote>

2021-09-10

👍

抱歉，原内容已删除

2021-08-24

Good

Berkshire Hathaway Remains Undervalued<blockquote>伯克希尔哈撒韦公司仍被低估</blockquote>

2021-12-10

👍

Microsoft stock jumped more than 2% in morning trading<blockquote>微软股价早盘上涨逾2%</blockquote>

2021-12-02

😭

The three US EV giant fell in early trading<blockquote>美国电动汽车三巨头早盘下跌</blockquote>

2021-11-20

👍

Why United Airlines Stock Is Losing Altitude Today<blockquote>为什么联合航空股价今天正在下跌</blockquote>

2021-09-18

👍

抱歉，原内容已删除

2021-08-27

👍

抱歉，原内容已删除

去老虎APP查看更多动态

{"i18n":{"language":"zh_CN"},"userPageInfo":{"id":"4087442949550080","uuid":"4087442949550080","gmtCreate":1624342601323,"gmtModify":1630979221918,"name":"Yuenyee","pinyin":"yuenyee","introduction":"","introductionEn":null,"signature":"","avatar":"https://static.tigerbbs.com/b7436f5c582213fe37305f2b9b1e9ab3","hat":null,"hatId":null,"hatName":null,"vip":1,"status":2,"fanSize":15,"headSize":214,"tweetSize":89,"questionSize":0,"limitLevel":999,"accountStatus":4,"level":{"id":1,"name":"萌萌虎","nameTw":"萌萌虎","represent":"呱呱坠地","factor":"评论帖子3次或发布1条主帖（非转发）","iconColor":"3C9E83","bgColor":"A2F1D9"},"themeCounts":0,"badgeCounts":0,"badges":[],"moderator":false,"superModerator":false,"manageSymbols":null,"badgeLevel":null,"boolIsFan":false,"boolIsHead":false,"favoriteSize":0,"symbols":null,"coverImage":null,"realNameVerified":null,"userBadges":[{"badgeId":"e50ce593bb40487ebfb542ca54f6a561-2","templateUuid":"e50ce593bb40487ebfb542ca54f6a561","name":"资深虎友","description":"加入老虎社区1000天","bigImgUrl":"https://static.tigerbbs.com/0063fb68ea29c9ae6858c58630e182d5","smallImgUrl":"https://static.tigerbbs.com/96c699a93be4214d4b49aea6a5a5d1a4","grayImgUrl":"https://static.tigerbbs.com/35b0e542a9ff77046ed69ef602bc105d","redirectLinkEnabled":0,"redirectLink":null,"hasAllocated":1,"isWearing":0,"stamp":null,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2024.03.20","exceedPercentage":null,"individualDisplayEnabled":0,"backgroundColor":null,"fontColor":null,"individualDisplaySort":0,"categoryType":1001},{"badgeId":"518b5610c3e8410da5cfad115e4b0f5a-1","templateUuid":"518b5610c3e8410da5cfad115e4b0f5a","name":"实盘交易者","description":"完成一笔实盘交易","bigImgUrl":"https://static.tigerbbs.com/2e08a1cc2087a1de93402c2c290fa65b","smallImgUrl":"https://static.tigerbbs.com/4504a6397ce1137932d56e5f4ce27166","grayImgUrl":"https://static.tigerbbs.com/4b22c79415b4cd6e3d8ebc4a0fa32604","redirectLinkEnabled":0,"redirectLink":null,"hasAllocated":1,"isWearing":0,"stamp":null,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2021.12.28","exceedPercentage":null,"individualDisplayEnabled":0,"backgroundColor":null,"fontColor":null,"individualDisplaySort":0,"categoryType":1100},{"badgeId":"35ec162348d5460f88c959321e554969-2","templateUuid":"35ec162348d5460f88c959321e554969","name":"宗师交易员","description":"证券或期货账户累计交易次数达到100次","bigImgUrl":"https://static.tigerbbs.com/ad22cfbe2d05aa393b18e9226e4b0307","smallImgUrl":"https://static.tigerbbs.com/36702e6ff3ffe46acafee66cc85273ca","grayImgUrl":"https://static.tigerbbs.com/d52eb88fa385cf5abe2616ed63781765","redirectLinkEnabled":0,"redirectLink":null,"hasAllocated":1,"isWearing":0,"stamp":null,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2021.12.28","exceedPercentage":"80.35%","individualDisplayEnabled":0,"backgroundColor":null,"fontColor":null,"individualDisplaySort":0,"categoryType":1100}],"userBadgeCount":3,"currentWearingBadge":null,"individualDisplayBadges":null,"crmLevel":11,"crmLevelSwitch":0,"location":"未知","starInvestorFollowerNum":0,"starInvestorFlag":false,"starInvestorOrderShareNum":0,"subscribeStarInvestorNum":0,"ror":null,"winRationPercentage":null,"showRor":false,"investmentPhilosophy":null,"starInvestorSubscribeFlag":false},"baikeInfo":{},"tab":"hot","tweets":[{"id":604300181,"gmtCreate":1639324360679,"gmtModify":1639324360921,"author":{"id":"4087442949550080","authorId":"4087442949550080","name":"Yuenyee","avatar":"https://static.tigerbbs.com/b7436f5c582213fe37305f2b9b1e9ab3","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4087442949550080","authorIdStr":"4087442949550080"},"themes":[],"htmlText":"👌","listText":"👌","text":"👌","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/604300181","repostId":"2190679207","repostType":4,"isVote":1,"tweetType":1,"viewCount":2907,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":605610942,"gmtCreate":1639151048277,"gmtModify":1639151048519,"author":{"id":"4087442949550080","authorId":"4087442949550080","name":"Yuenyee","avatar":"https://static.tigerbbs.com/b7436f5c582213fe37305f2b9b1e9ab3","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4087442949550080","authorIdStr":"4087442949550080"},"themes":[],"htmlText":"👍","listText":"👍","text":"👍","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/605610942","repostId":"1173242614","repostType":4,"repost":{"id":"1173242614","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":1639149896,"share":"https://www.laohu8.com/m/news/1173242614?lang=zh_CN&edition=full","pubTime":"2021-12-10 23:24","market":"us","language":"en","title":"Microsoft stock jumped more than 2% in morning trading<blockquote>微软股价早盘上涨逾2%</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1173242614","media":"Tiger Newspress","summary":"Microsoft stock jumped more than 2% in morning trading as Microsoft set to win EU antitrust nod for ","content":"<p>Microsoft stock jumped more than 2% in morning trading&nbsp;as&nbsp;Microsoft set to win EU antitrust nod for $16 bln Nuance deal, sources said.</p><p><blockquote>消息人士称，由于微软将赢得欧盟反垄断机构对价值160亿美元的Nuance交易的认可，微软股价在早盘交易中上涨超过2%。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/f2b1206ee31bbf82c8f0f2186cf1d5d0\" tg-width=\"840\" tg-height=\"470\" width=\"100%\" height=\"auto\"></p><p><blockquote></blockquote></p><p> U.S. software giant Microsoft Corp&nbsp;is set to secure unconditional EU antitrust approval for its $16 billion bid for artificial intelligence and speech technology firm Nuance Communications Inc, people familiar with the matter said.</p><p><blockquote>知情人士称，美国软件巨头微软公司以160亿美元收购人工智能和语音技术公司Nuance Communications Inc的交易将获得欧盟反垄断机构的无条件批准。</blockquote></p><p> The deal, the latest in the tech industry, comes amid heightened regulatory scrutiny of takeovers by tech giants and acquisitions where nascent start-ups and potential rivals are shut down.</p><p><blockquote>这笔交易是科技行业的最新交易，正值监管机构对科技巨头的收购以及新生初创企业和潜在竞争对手被关闭的收购加强审查之际。</blockquote></p><p> Microsoft announced the deal in April which will boost its presence in cloud solutions for healthcare customers.</p><p><blockquote>微软在4月份宣布了这笔交易，这将提高其在医疗保健客户云解决方案领域的影响力。</blockquote></p><p> The U.S. software giant is currently in talks with the British antitrust agency ahead of filing a request for approval of the deal, the sources said.</p><p><blockquote>消息人士称，在提交批准该交易的请求之前，这家美国软件巨头目前正在与英国反垄断机构进行谈判。</blockquote></p><p> The European Commission, which is scheduled to decide on the deal by Dec. 21, declined to comment. Microsoft also declined to comment.</p><p><blockquote>欧盟委员会定于12月21日就该交易做出决定，但拒绝置评。微软也拒绝置评。</blockquote></p><p> The company is also in preliminary discussions with the UK antitrust agency CMA ahead of a formal request for approval of the deal, the sources said.</p><p><blockquote>消息人士称，在正式请求批准该交易之前，该公司还在与英国反垄断机构CMA进行初步讨论。</blockquote></p><p> The deal has already received the regulatory green light in the United States and Australia, without remedies given.</p><p><blockquote>该交易已经获得美国和澳大利亚监管机构的批准，但没有给出补救措施。</blockquote></p><p> Nuance, known for pioneering speech technology and helping launch Apple Inc's&nbsp;virtual assistant, Siri, serves 77% of U.S. hospitals.</p><p><blockquote>Nuance以开创语音技术和帮助推出苹果公司的虚拟助手Siri而闻名，为美国77%的医院提供服务。</blockquote></p><p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Microsoft stock jumped more than 2% in morning trading<blockquote>微软股价早盘上涨逾2%</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nMicrosoft stock jumped more than 2% in morning trading<blockquote>微软股价早盘上涨逾2%</blockquote>\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time smaller\">2021-12-10 23:24</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>Microsoft stock jumped more than 2% in morning trading&nbsp;as&nbsp;Microsoft set to win EU antitrust nod for $16 bln Nuance deal, sources said.</p><p><blockquote>消息人士称，由于微软将赢得欧盟反垄断机构对价值160亿美元的Nuance交易的认可，微软股价在早盘交易中上涨超过2%。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/f2b1206ee31bbf82c8f0f2186cf1d5d0\" tg-width=\"840\" tg-height=\"470\" width=\"100%\" height=\"auto\"></p><p><blockquote></blockquote></p><p> U.S. software giant Microsoft Corp&nbsp;is set to secure unconditional EU antitrust approval for its $16 billion bid for artificial intelligence and speech technology firm Nuance Communications Inc, people familiar with the matter said.</p><p><blockquote>知情人士称，美国软件巨头微软公司以160亿美元收购人工智能和语音技术公司Nuance Communications Inc的交易将获得欧盟反垄断机构的无条件批准。</blockquote></p><p> The deal, the latest in the tech industry, comes amid heightened regulatory scrutiny of takeovers by tech giants and acquisitions where nascent start-ups and potential rivals are shut down.</p><p><blockquote>这笔交易是科技行业的最新交易，正值监管机构对科技巨头的收购以及新生初创企业和潜在竞争对手被关闭的收购加强审查之际。</blockquote></p><p> Microsoft announced the deal in April which will boost its presence in cloud solutions for healthcare customers.</p><p><blockquote>微软在4月份宣布了这笔交易，这将提高其在医疗保健客户云解决方案领域的影响力。</blockquote></p><p> The U.S. software giant is currently in talks with the British antitrust agency ahead of filing a request for approval of the deal, the sources said.</p><p><blockquote>消息人士称，在提交批准该交易的请求之前，这家美国软件巨头目前正在与英国反垄断机构进行谈判。</blockquote></p><p> The European Commission, which is scheduled to decide on the deal by Dec. 21, declined to comment. Microsoft also declined to comment.</p><p><blockquote>欧盟委员会定于12月21日就该交易做出决定，但拒绝置评。微软也拒绝置评。</blockquote></p><p> The company is also in preliminary discussions with the UK antitrust agency CMA ahead of a formal request for approval of the deal, the sources said.</p><p><blockquote>消息人士称，在正式请求批准该交易之前，该公司还在与英国反垄断机构CMA进行初步讨论。</blockquote></p><p> The deal has already received the regulatory green light in the United States and Australia, without remedies given.</p><p><blockquote>该交易已经获得美国和澳大利亚监管机构的批准，但没有给出补救措施。</blockquote></p><p> Nuance, known for pioneering speech technology and helping launch Apple Inc's&nbsp;virtual assistant, Siri, serves 77% of U.S. hospitals.</p><p><blockquote>Nuance以开创语音技术和帮助推出苹果公司的虚拟助手Siri而闻名，为美国77%的医院提供服务。</blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"MSFT":"微软"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1173242614","content_text":"Microsoft stock jumped more than 2% in morning trading as Microsoft set to win EU antitrust nod for $16 bln Nuance deal, sources said.\n\nU.S. software giant Microsoft Corp is set to secure unconditional EU antitrust approval for its $16 billion bid for artificial intelligence and speech technology firm Nuance Communications Inc, people familiar with the matter said.\nThe deal, the latest in the tech industry, comes amid heightened regulatory scrutiny of takeovers by tech giants and acquisitions where nascent start-ups and potential rivals are shut down.\nMicrosoft announced the deal in April which will boost its presence in cloud solutions for healthcare customers.\nThe U.S. software giant is currently in talks with the British antitrust agency ahead of filing a request for approval of the deal, the sources said.\nThe European Commission, which is scheduled to decide on the deal by Dec. 21, declined to comment. Microsoft also declined to comment.\nThe company is also in preliminary discussions with the UK antitrust agency CMA ahead of a formal request for approval of the deal, the sources said.\nThe deal has already received the regulatory green light in the United States and Australia, without remedies given.\nNuance, known for pioneering speech technology and helping launch Apple Inc's virtual assistant, Siri, serves 77% of U.S. hospitals.","news_type":1,"symbols_score_info":{"MSFT":0.9}},"isVote":1,"tweetType":1,"viewCount":2460,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":601095789,"gmtCreate":1638458199825,"gmtModify":1638458199915,"author":{"id":"4087442949550080","authorId":"4087442949550080","name":"Yuenyee","avatar":"https://static.tigerbbs.com/b7436f5c582213fe37305f2b9b1e9ab3","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4087442949550080","authorIdStr":"4087442949550080"},"themes":[],"htmlText":"😭","listText":"😭","text":"😭","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/601095789","repostId":"1115803962","repostType":4,"repost":{"id":"1115803962","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":1638457339,"share":"https://www.laohu8.com/m/news/1115803962?lang=zh_CN&edition=full","pubTime":"2021-12-02 23:02","market":"us","language":"en","title":"The three US EV giant fell in early trading<blockquote>美国电动汽车三巨头早盘下跌</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1115803962","media":"Tiger Newspress","summary":"The three US EV giant fell in early trading.Tesla,Rivian and Lucid dropped between 1% and 3%.","content":"<p>The three US EV giant fell in early trading.Tesla,Rivian and Lucid dropped between 1% and 3%.</p><p><blockquote>美国电动汽车三巨头早盘下跌。特斯拉、Rivian和Lucid跌幅在1%至3%之间。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/c493eddba2457a511fe89f2f4dc415cc\" tg-width=\"405\" tg-height=\"179\" 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>The three US EV giant fell in early trading<blockquote>美国电动汽车三巨头早盘下跌</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nThe three US EV giant fell in early trading<blockquote>美国电动汽车三巨头早盘下跌</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\">2021-12-02 23:02</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>The three US EV giant fell in early trading.Tesla,Rivian and Lucid dropped between 1% and 3%.</p><p><blockquote>美国电动汽车三巨头早盘下跌。特斯拉、Rivian和Lucid跌幅在1%至3%之间。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/c493eddba2457a511fe89f2f4dc415cc\" tg-width=\"405\" tg-height=\"179\" 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":{"TSLA":"特斯拉","LCID":"Lucid Group Inc","RIVN":"Rivian Automotive, Inc."},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1115803962","content_text":"The three US EV giant fell in early trading.Tesla,Rivian and Lucid dropped between 1% and 3%.","news_type":1,"symbols_score_info":{"LCID":0.9,"TSLA":0.9,"RIVN":0.9}},"isVote":1,"tweetType":1,"viewCount":2374,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":603321184,"gmtCreate":1638368421250,"gmtModify":1638368421533,"author":{"id":"4087442949550080","authorId":"4087442949550080","name":"Yuenyee","avatar":"https://static.tigerbbs.com/b7436f5c582213fe37305f2b9b1e9ab3","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4087442949550080","authorIdStr":"4087442949550080"},"themes":[],"htmlText":"👍","listText":"👍","text":"👍","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/603321184","repostId":"1161855788","repostType":4,"repost":{"id":"1161855788","kind":"news","pubTimestamp":1638368211,"share":"https://www.laohu8.com/m/news/1161855788?lang=zh_CN&edition=full","pubTime":"2021-12-01 22:16","market":"us","language":"en","title":"3 Top Stocks That'll Make You Richer in December (and Beyond)<blockquote>3只会让你在12月（及以后）变得更富有的顶级股票</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1161855788","media":"Motley Fool","summary":"Bargains abound for growth and value investors.","content":"<p>We've officially hit the home stretch for what looks like another great year for the stock market. Since bottoming out in March 2020, the benchmark&nbsp;<b>S&amp;P 500</b>&nbsp;has been practically unstoppable. In what's become the strongest bounce-back rally from a bear-market bottom on record, the S&amp;P 500 has delivered a total return, including dividends, of 111% since March 23, 2020.</p><p><blockquote>我们已经正式进入了股市又一个伟大年份的冲刺阶段。自2020年3月触底以来，基准<b>标普500</b>几乎是不可阻挡的。自2020年3月23日以来，该标普500的总回报率（包括股息）为111%，这已成为有记录以来从熊市底部最强劲的反弹。</blockquote></p><p> But even with the broader market a stone's throw from an all-time high, incredible deals still abound. The following three top stocks all possess attributes that can help make you richer in December, and, most importantly, well beyond.</p><p><blockquote>但即使大盘距离历史高点仅一箭之遥，令人难以置信的交易仍然比比皆是。以下三只顶级股票都拥有可以帮助您在12月变得更富有的属性，最重要的是，还可以让您在12月变得更富有。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/5d06d7202e9c1d1c4d748bc3e1a80774\" tg-width=\"2000\" tg-height=\"1334\" width=\"100%\" height=\"auto\"><span>Image source: Getty Images.</span></p><p><blockquote><p class=\"t-img-caption\"><span>图片来源：盖蒂图片社。</span></p></blockquote></p><p> <b>Sea Limited</b></p><p><blockquote><b>海有限公司</b></blockquote></p><p> For you unbridledgrowth investors, the stock that could make you a lot richer this month and well beyond is Singapore-based&nbsp;<b>Sea Limited</b>.</p><p><blockquote>对于那些肆无忌惮的成长型投资者来说，新加坡的股票可以让你在本月及以后变得更加富有<b>海有限公司</b>.</blockquote></p><p> Sea has had a monumental run-up since the bear-market bottom 20 months ago. Shares are up a cool 672% -- and that's after a 20% pullback from its all-time closing high on Oct. 19. With inflation picking up and coronavirus disease 2019 (COVID-19) variant concerns rearing their head, most growth stocks have taken it on the chin. But neither U.S. inflation nor COVID-19 variants are of concern to Sea Limited's three rapidly growing operating segments.</p><p><blockquote>自20个月前熊市触底以来，Sea经历了巨大的上涨。股价较10月19日的历史收盘高点回调20%后，上涨了672%。随着通胀加剧和冠状病毒疾病2019（COVID-19）变种的担忧抬头，大多数成长型股票都受到了打击。但Sea Limited的三个快速增长的运营部门都不关心美国通胀和COVID-19变种。</blockquote></p><p> For the time being, the only division generating positive earnings before interest, taxes, depreciation, and amortization (EBITDA) is its mobile gaming unit, led by<i>Free Fire</i>. When the curtain closed on September, the company had 729 million quarterly active gamers.</p><p><blockquote>目前，唯一产生正息税折旧摊销前利润(EBITDA)的部门是其移动游戏部门，由<i>自由射击</i>截至9月9日，该公司的季度活跃游戏玩家数量为7.29亿。</blockquote></p><p> But it's not the number of gamers that's impressive. It's that 12.8% of these gamers (93.2 million) were paying to play. The pay-to-play conversion rate for the mobile gaming industry was closer to 2% in 2020.&nbsp; As long as Sea is generating revenue from users at a considerably higher clip than the industry average, it should command a valuation premium.</p><p><blockquote>但令人印象深刻的并不是游戏玩家的数量。这些游戏玩家中有12.8%（9320万）是付费玩的。2020年，移动游戏行业的付费游戏转化率接近2%。只要Sea从用户那里获得的收入远高于行业平均水平，它就应该获得估值溢价。</blockquote></p><p> The second rapidly growing segment is digital financial services. Though this division is still relatively nascent, the number of paying mobile wallet users grew to 39.3 million in the third quarter. Since many of the regions targeted by Sea are underbanked emerging markets, offering digital financial tools that can democratize the payment process&nbsp;could be a long-term game-changer.</p><p><blockquote>第二个快速增长的领域是数字金融服务。尽管该部门仍相对较新，但第三季度付费移动钱包用户数量增长至3930万。由于Sea的许多目标地区都是银行服务不足的新兴市场，因此提供能够使支付流程民主化的数字金融工具可能会改变长期的游戏规则。</blockquote></p><p> But the third and&nbsp;most exciting operating segment&nbsp;is its e-commerce division, Shopee. Among downloadable shopping apps, Shopee consistently reigns supreme in Southeastern Asia. Between COVID-19 keeping people in their homes and middle-class consumers fueling buying activity in emerging market economies, Shopee is set up for success. In fact, its annual gross merchandise value (GMV) run-rate of $67.2 billion (based on third-quarter 2021 figures) is more than six times higher than the GMV the company reported in all of 2018.</p><p><blockquote>但第三个也是最令人兴奋的运营部门是其电子商务部门Shopee。在可下载的购物应用中，Shopee在东南亚一直占据主导地位。在COVID-19让人们呆在家里和中产阶级消费者推动新兴市场经济体的购买活动之间，Shopee注定会取得成功。事实上，其年度商品总值(GMV)运行率为672亿美元（基于2021年第三季度的数据），是该公司2018年全年报告的GMV的六倍多。</blockquote></p><p> Sea Limited could very well be one of the fastest-growing mega-cap stocks on the planet this decade.</p><p><blockquote>Sea Limited很可能成为这十年全球增长最快的大型股之一。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/3d8ba66a74371fb87c9a662943abcdd4\" tg-width=\"2000\" tg-height=\"1333\" width=\"100%\" height=\"auto\"><span>Image source: Getty Images.</span></p><p><blockquote><p class=\"t-img-caption\"><span>图片来源：盖蒂图片社。</span></p></blockquote></p><p> <b>Planet 13 Holdings</b></p><p><blockquote><b>星球13控股</b></blockquote></p><p> Another top stock with all the tools necessary to make investors richer in December and for many years in the future is U.S.&nbsp;marijuana stock&nbsp;<b>Planet 13 Holdings</b>.</p><p><blockquote>另一只顶级股票是美国大麻股票，它拥有让投资者在12月和未来许多年变得更加富有的所有必要工具<b>星球13控股</b>.</blockquote></p><p> Easily the biggest objection to investing in U.S. pot stocks is the fact that Congress still hasn't enacted cannabis legalization efforts. While it would make life easier for marijuana companies if the federal government would enact reforms, the vast majority of publicly traded pot stocks are primed for success if the status quo continues. With&nbsp;36 states&nbsp;having legalized weed in some capacity, and the Department of Justice maintaining a hands-off policy, U.S. cannabis stocks like Planet 13 can bloom into successful businesses.</p><p><blockquote>投资美国大麻股票的最大反对意见无疑是国会尚未颁布大麻合法化措施。虽然如果联邦政府实施改革，大麻公司的日子会更轻松，但如果现状继续下去，绝大多数公开交易的大麻股票已经做好了成功的准备。随着36个州以某种方式将大麻合法化，以及司法部维持不干涉政策，像Planet 13这样的美国大麻股票可以发展成为成功的企业。</blockquote></p><p> For the vast majority of multi-state operators (MSOs), their strategy consists of targeting big-dollar markets and planting their proverbial flag in as many states as possible. But this isn't how Planet 13 operates. It&nbsp;gets its competitive edge&nbsp;by focusing just as much on the immersive shopping experience as it does on making a sale.</p><p><blockquote>对于绝大多数多州运营商（MSO）来说，他们的战略包括瞄准大美元市场，并在尽可能多的州插上他们众所周知的旗帜。但这不是13号行星的运作方式。它通过像关注销售一样关注沉浸式购物体验来获得竞争优势。</blockquote></p><p> For the moment, Planet 13&nbsp;has just two operating dispensaries. The first is the Las Vegas SuperStore just west of the Strip. It's 112,000 square feet in size and contains a restaurant, events center, and consumer-facing processing center. In July 2021, Planet 13 opened its Orange County SuperStore about 10 minutes from Disneyland in Santa Ana, California. It spans 55,000 square feet and features a whopping 16,500 square feet of selling space.'</p><p><blockquote>目前，13号星球只有两家正在运营的药房。第一个是拉斯维加斯超市，就在拉斯维加斯大道的西边。它的面积为112,000平方英尺，包括一个餐厅、活动中心和面向消费者的处理中心。2021年7月，Planet 13在距离加利福尼亚州圣安娜迪士尼乐园约10分钟路程的奥兰治县超市开业。它占地55,000平方英尺，销售空间高达16,500平方英尺。</blockquote></p><p></p><p> Planet 13's stores are a must-see for cannabis tourists as well as locals. In fact, significantly reduced tourist traffic to Las Vegas during the pandemic forced the company to begin focusing on local residents. With Las Vegas tourism returning to some semblance of normal, Planet 13 now has both tourist appeal and a strong local resident following.</p><p><blockquote>Planet 13的商店是大麻游客和当地人的必去之地。事实上，疫情期间前往拉斯维加斯的游客流量大幅减少，迫使该公司开始关注当地居民。随着拉斯维加斯旅游业恢复正常，13号星球现在既有旅游吸引力，又有强大的当地居民追随者。</blockquote></p><p> The company has also had quite a bit of success launching its own cannabis brands. According to Headset, via third-quarter commentary from Planet 13 CEO Larry Scheffler, Trendi comprises 5% of Nevada's vape sales, with HaHa edibles accounting for 14% of the Silver State's edible sales.</p><p><blockquote>该公司在推出自己的大麻品牌方面也取得了相当大的成功。据Headset报道，通过Planet 13首席执行官Larry Scheffler第三季度的评论，Trendi占内华达州vape销售额的5%，HaHa edibles占银州食品销售额的14%。</blockquote></p><p> With Planet 13 on the cusp of recurring profitability and more than 50% below its February high, the time for opportunistic investors to pounce is now.</p><p><blockquote>随着Planet 13正处于经常性盈利的风口浪尖，比2月份的高点低50%以上，现在是机会主义投资者猛攻的时候了。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/106238ec5cefb2975d9231f3547e445c\" tg-width=\"2000\" tg-height=\"1333\" width=\"100%\" height=\"auto\"><span>Image source: Getty Images.</span></p><p><blockquote><p class=\"t-img-caption\"><span>图片来源：盖蒂图片社。</span></p></blockquote></p><p> <b>Teva Pharmaceutical Industries</b></p><p><blockquote><b>梯瓦制药工业公司</b></blockquote></p><p> As for you&nbsp;value investors, the top stock that can make you richer in December and beyond is brand-name and generic drug developer&nbsp;<b>Teva Pharmaceutical Industries</b>.</p><p><blockquote>对于价值投资者来说，能让您在12月及以后变得更富有的顶级股票是品牌和仿制药开发商<b>梯瓦制药工业公司</b>.</blockquote></p><p> Teva has dealt with a laundry list of bad news events over the five years. The company settled bribery charges with U.S. regulators, grossly overpaid for generic drugmaker Actavis, completely shelved its dividend, and saw its top-selling drug -- multiple sclerosis drug Copaxone -- lose patent exclusivity. But the biggest concern of late is the ongoing litigation Teva is facing over its role in the opioid crisis.</p><p><blockquote>五年来，梯瓦公司处理了一系列坏消息。该公司与美国监管机构和解了贿赂指控，向仿制药制造商阿特维斯支付了过高的费用，完全搁置了股息，并看到其最畅销的药物——多发性硬化症药物Copaxone——失去了专利排他性。但最近最大的担忧是梯瓦公司因其在阿片类药物危机中所扮演的角色而面临的持续诉讼。</blockquote></p><p> While these are not the types of hurdles that get leaped in a single bound, Teva's CEO Kare Schultz&nbsp;has done an exemplary job&nbsp;of getting the company back on track. Schultz is a bona fide turnaround specialist who's been with the company for a little over four years. In that time, he's reduced Teva's net debt from more than $34 billion to around $22 billion. This has been accomplished by selling off non-core assets, reducing annual operating expenses by billions of dollars, and utilizing the company's bountiful operating cash flow to pay down debt. There no question that Teva is a more financially sound company now than when Schultz was first given the reins.</p><p><blockquote>虽然这些都不是一蹴而就的障碍，但梯瓦首席执行官卡雷·舒尔茨(Kare Schultz)在让公司重回正轨方面做得堪称典范。舒尔茨是一位真正的扭亏为盈专家，他在公司工作了四年多一点。在此期间，他将梯瓦的净债务从超过340亿美元减少到约220亿美元。这是通过出售非核心资产、减少数十亿美元的年度运营费用以及利用公司丰富的运营现金流偿还债务来实现的。毫无疑问，梯瓦现在的财务状况比舒尔茨第一次掌权时更加稳健。</blockquote></p><p> Schultz is expected to play a key role in&nbsp;helping Teva navigate a sea of litigation, too. With the company focused on reducing debt, Schultz will aim to settle litigation with minimal amounts of cash. Instead, look for the company to offer free or reduced-price medication to states over roughly a decade as a way of potentially settling opioid litigation. It also doesn't hurt that a California trial found drugmakers weren't liable for the opioid epidemic. This puts added momentum in Teva's sails.</p><p><blockquote>预计舒尔茨也将在帮助梯瓦应对诉讼海洋方面发挥关键作用。由于公司专注于减少债务，舒尔茨的目标是用最少的现金解决诉讼。相反，期待该公司在大约十年内向各州提供免费或低价药物，作为解决阿片类药物诉讼的潜在方式。加州的一项试验发现制药商对阿片类药物的流行没有责任，这也没有什么坏处。这为梯瓦的航行增添了动力。</blockquote></p><p> Over the long run, Teva should be buoyed by increased usage of generics. Rapidly rising brand-name drug list prices, coupled with growing access to healthcare services, should lift Teva's generic drug pricing power and overall sales volume.</p><p><blockquote>从长远来看，仿制药使用的增加应该会提振梯瓦。快速上涨的品牌药物清单价格，加上获得医疗保健服务的机会不断增加，应该会提升梯瓦的仿制药定价权和整体销量。</blockquote></p><p> At roughly three times (yes,<i>three times</i>!) Wall Street's consensus forward-year earnings per share, you'd struggle to find a more deeply discounted&nbsp;drug stock&nbsp;right now.</p><p><blockquote>大约三次（是的，<i>三次</i>!)根据华尔街普遍预期的每股收益，你现在很难找到更大折扣的药品股票。</blockquote></p><p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>3 Top Stocks That'll Make You Richer in December (and Beyond)<blockquote>3只会让你在12月（及以后）变得更富有的顶级股票</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n3 Top Stocks That'll Make You Richer in December (and Beyond)<blockquote>3只会让你在12月（及以后）变得更富有的顶级股票</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\">2021-12-01 22:16</span>\n</p>\n</h4>\n</header>\n<article>\n<p>We've officially hit the home stretch for what looks like another great year for the stock market. Since bottoming out in March 2020, the benchmark&nbsp;<b>S&amp;P 500</b>&nbsp;has been practically unstoppable. In what's become the strongest bounce-back rally from a bear-market bottom on record, the S&amp;P 500 has delivered a total return, including dividends, of 111% since March 23, 2020.</p><p><blockquote>我们已经正式进入了股市又一个伟大年份的冲刺阶段。自2020年3月触底以来，基准<b>标普500</b>几乎是不可阻挡的。自2020年3月23日以来，该标普500的总回报率（包括股息）为111%，这已成为有记录以来从熊市底部最强劲的反弹。</blockquote></p><p> But even with the broader market a stone's throw from an all-time high, incredible deals still abound. The following three top stocks all possess attributes that can help make you richer in December, and, most importantly, well beyond.</p><p><blockquote>但即使大盘距离历史高点仅一箭之遥，令人难以置信的交易仍然比比皆是。以下三只顶级股票都拥有可以帮助您在12月变得更富有的属性，最重要的是，还可以让您在12月变得更富有。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/5d06d7202e9c1d1c4d748bc3e1a80774\" tg-width=\"2000\" tg-height=\"1334\" width=\"100%\" height=\"auto\"><span>Image source: Getty Images.</span></p><p><blockquote><p class=\"t-img-caption\"><span>图片来源：盖蒂图片社。</span></p></blockquote></p><p> <b>Sea Limited</b></p><p><blockquote><b>海有限公司</b></blockquote></p><p> For you unbridledgrowth investors, the stock that could make you a lot richer this month and well beyond is Singapore-based&nbsp;<b>Sea Limited</b>.</p><p><blockquote>对于那些肆无忌惮的成长型投资者来说，新加坡的股票可以让你在本月及以后变得更加富有<b>海有限公司</b>.</blockquote></p><p> Sea has had a monumental run-up since the bear-market bottom 20 months ago. Shares are up a cool 672% -- and that's after a 20% pullback from its all-time closing high on Oct. 19. With inflation picking up and coronavirus disease 2019 (COVID-19) variant concerns rearing their head, most growth stocks have taken it on the chin. But neither U.S. inflation nor COVID-19 variants are of concern to Sea Limited's three rapidly growing operating segments.</p><p><blockquote>自20个月前熊市触底以来，Sea经历了巨大的上涨。股价较10月19日的历史收盘高点回调20%后，上涨了672%。随着通胀加剧和冠状病毒疾病2019（COVID-19）变种的担忧抬头，大多数成长型股票都受到了打击。但Sea Limited的三个快速增长的运营部门都不关心美国通胀和COVID-19变种。</blockquote></p><p> For the time being, the only division generating positive earnings before interest, taxes, depreciation, and amortization (EBITDA) is its mobile gaming unit, led by<i>Free Fire</i>. When the curtain closed on September, the company had 729 million quarterly active gamers.</p><p><blockquote>目前，唯一产生正息税折旧摊销前利润(EBITDA)的部门是其移动游戏部门，由<i>自由射击</i>截至9月9日，该公司的季度活跃游戏玩家数量为7.29亿。</blockquote></p><p> But it's not the number of gamers that's impressive. It's that 12.8% of these gamers (93.2 million) were paying to play. The pay-to-play conversion rate for the mobile gaming industry was closer to 2% in 2020.&nbsp; As long as Sea is generating revenue from users at a considerably higher clip than the industry average, it should command a valuation premium.</p><p><blockquote>但令人印象深刻的并不是游戏玩家的数量。这些游戏玩家中有12.8%（9320万）是付费玩的。2020年，移动游戏行业的付费游戏转化率接近2%。只要Sea从用户那里获得的收入远高于行业平均水平，它就应该获得估值溢价。</blockquote></p><p> The second rapidly growing segment is digital financial services. Though this division is still relatively nascent, the number of paying mobile wallet users grew to 39.3 million in the third quarter. Since many of the regions targeted by Sea are underbanked emerging markets, offering digital financial tools that can democratize the payment process&nbsp;could be a long-term game-changer.</p><p><blockquote>第二个快速增长的领域是数字金融服务。尽管该部门仍相对较新，但第三季度付费移动钱包用户数量增长至3930万。由于Sea的许多目标地区都是银行服务不足的新兴市场，因此提供能够使支付流程民主化的数字金融工具可能会改变长期的游戏规则。</blockquote></p><p> But the third and&nbsp;most exciting operating segment&nbsp;is its e-commerce division, Shopee. Among downloadable shopping apps, Shopee consistently reigns supreme in Southeastern Asia. Between COVID-19 keeping people in their homes and middle-class consumers fueling buying activity in emerging market economies, Shopee is set up for success. In fact, its annual gross merchandise value (GMV) run-rate of $67.2 billion (based on third-quarter 2021 figures) is more than six times higher than the GMV the company reported in all of 2018.</p><p><blockquote>但第三个也是最令人兴奋的运营部门是其电子商务部门Shopee。在可下载的购物应用中，Shopee在东南亚一直占据主导地位。在COVID-19让人们呆在家里和中产阶级消费者推动新兴市场经济体的购买活动之间，Shopee注定会取得成功。事实上，其年度商品总值(GMV)运行率为672亿美元（基于2021年第三季度的数据），是该公司2018年全年报告的GMV的六倍多。</blockquote></p><p> Sea Limited could very well be one of the fastest-growing mega-cap stocks on the planet this decade.</p><p><blockquote>Sea Limited很可能成为这十年全球增长最快的大型股之一。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/3d8ba66a74371fb87c9a662943abcdd4\" tg-width=\"2000\" tg-height=\"1333\" width=\"100%\" height=\"auto\"><span>Image source: Getty Images.</span></p><p><blockquote><p class=\"t-img-caption\"><span>图片来源：盖蒂图片社。</span></p></blockquote></p><p> <b>Planet 13 Holdings</b></p><p><blockquote><b>星球13控股</b></blockquote></p><p> Another top stock with all the tools necessary to make investors richer in December and for many years in the future is U.S.&nbsp;marijuana stock&nbsp;<b>Planet 13 Holdings</b>.</p><p><blockquote>另一只顶级股票是美国大麻股票，它拥有让投资者在12月和未来许多年变得更加富有的所有必要工具<b>星球13控股</b>.</blockquote></p><p> Easily the biggest objection to investing in U.S. pot stocks is the fact that Congress still hasn't enacted cannabis legalization efforts. While it would make life easier for marijuana companies if the federal government would enact reforms, the vast majority of publicly traded pot stocks are primed for success if the status quo continues. With&nbsp;36 states&nbsp;having legalized weed in some capacity, and the Department of Justice maintaining a hands-off policy, U.S. cannabis stocks like Planet 13 can bloom into successful businesses.</p><p><blockquote>投资美国大麻股票的最大反对意见无疑是国会尚未颁布大麻合法化措施。虽然如果联邦政府实施改革，大麻公司的日子会更轻松，但如果现状继续下去，绝大多数公开交易的大麻股票已经做好了成功的准备。随着36个州以某种方式将大麻合法化，以及司法部维持不干涉政策，像Planet 13这样的美国大麻股票可以发展成为成功的企业。</blockquote></p><p> For the vast majority of multi-state operators (MSOs), their strategy consists of targeting big-dollar markets and planting their proverbial flag in as many states as possible. But this isn't how Planet 13 operates. It&nbsp;gets its competitive edge&nbsp;by focusing just as much on the immersive shopping experience as it does on making a sale.</p><p><blockquote>对于绝大多数多州运营商（MSO）来说，他们的战略包括瞄准大美元市场，并在尽可能多的州插上他们众所周知的旗帜。但这不是13号行星的运作方式。它通过像关注销售一样关注沉浸式购物体验来获得竞争优势。</blockquote></p><p> For the moment, Planet 13&nbsp;has just two operating dispensaries. The first is the Las Vegas SuperStore just west of the Strip. It's 112,000 square feet in size and contains a restaurant, events center, and consumer-facing processing center. In July 2021, Planet 13 opened its Orange County SuperStore about 10 minutes from Disneyland in Santa Ana, California. It spans 55,000 square feet and features a whopping 16,500 square feet of selling space.'</p><p><blockquote>目前，13号星球只有两家正在运营的药房。第一个是拉斯维加斯超市，就在拉斯维加斯大道的西边。它的面积为112,000平方英尺，包括一个餐厅、活动中心和面向消费者的处理中心。2021年7月，Planet 13在距离加利福尼亚州圣安娜迪士尼乐园约10分钟路程的奥兰治县超市开业。它占地55,000平方英尺，销售空间高达16,500平方英尺。</blockquote></p><p></p><p> Planet 13's stores are a must-see for cannabis tourists as well as locals. In fact, significantly reduced tourist traffic to Las Vegas during the pandemic forced the company to begin focusing on local residents. With Las Vegas tourism returning to some semblance of normal, Planet 13 now has both tourist appeal and a strong local resident following.</p><p><blockquote>Planet 13的商店是大麻游客和当地人的必去之地。事实上，疫情期间前往拉斯维加斯的游客流量大幅减少，迫使该公司开始关注当地居民。随着拉斯维加斯旅游业恢复正常，13号星球现在既有旅游吸引力，又有强大的当地居民追随者。</blockquote></p><p> The company has also had quite a bit of success launching its own cannabis brands. According to Headset, via third-quarter commentary from Planet 13 CEO Larry Scheffler, Trendi comprises 5% of Nevada's vape sales, with HaHa edibles accounting for 14% of the Silver State's edible sales.</p><p><blockquote>该公司在推出自己的大麻品牌方面也取得了相当大的成功。据Headset报道，通过Planet 13首席执行官Larry Scheffler第三季度的评论，Trendi占内华达州vape销售额的5%，HaHa edibles占银州食品销售额的14%。</blockquote></p><p> With Planet 13 on the cusp of recurring profitability and more than 50% below its February high, the time for opportunistic investors to pounce is now.</p><p><blockquote>随着Planet 13正处于经常性盈利的风口浪尖，比2月份的高点低50%以上，现在是机会主义投资者猛攻的时候了。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/106238ec5cefb2975d9231f3547e445c\" tg-width=\"2000\" tg-height=\"1333\" width=\"100%\" height=\"auto\"><span>Image source: Getty Images.</span></p><p><blockquote><p class=\"t-img-caption\"><span>图片来源：盖蒂图片社。</span></p></blockquote></p><p> <b>Teva Pharmaceutical Industries</b></p><p><blockquote><b>梯瓦制药工业公司</b></blockquote></p><p> As for you&nbsp;value investors, the top stock that can make you richer in December and beyond is brand-name and generic drug developer&nbsp;<b>Teva Pharmaceutical Industries</b>.</p><p><blockquote>对于价值投资者来说，能让您在12月及以后变得更富有的顶级股票是品牌和仿制药开发商<b>梯瓦制药工业公司</b>.</blockquote></p><p> Teva has dealt with a laundry list of bad news events over the five years. The company settled bribery charges with U.S. regulators, grossly overpaid for generic drugmaker Actavis, completely shelved its dividend, and saw its top-selling drug -- multiple sclerosis drug Copaxone -- lose patent exclusivity. But the biggest concern of late is the ongoing litigation Teva is facing over its role in the opioid crisis.</p><p><blockquote>五年来，梯瓦公司处理了一系列坏消息。该公司与美国监管机构和解了贿赂指控，向仿制药制造商阿特维斯支付了过高的费用，完全搁置了股息，并看到其最畅销的药物——多发性硬化症药物Copaxone——失去了专利排他性。但最近最大的担忧是梯瓦公司因其在阿片类药物危机中所扮演的角色而面临的持续诉讼。</blockquote></p><p> While these are not the types of hurdles that get leaped in a single bound, Teva's CEO Kare Schultz&nbsp;has done an exemplary job&nbsp;of getting the company back on track. Schultz is a bona fide turnaround specialist who's been with the company for a little over four years. In that time, he's reduced Teva's net debt from more than $34 billion to around $22 billion. This has been accomplished by selling off non-core assets, reducing annual operating expenses by billions of dollars, and utilizing the company's bountiful operating cash flow to pay down debt. There no question that Teva is a more financially sound company now than when Schultz was first given the reins.</p><p><blockquote>虽然这些都不是一蹴而就的障碍，但梯瓦首席执行官卡雷·舒尔茨(Kare Schultz)在让公司重回正轨方面做得堪称典范。舒尔茨是一位真正的扭亏为盈专家，他在公司工作了四年多一点。在此期间，他将梯瓦的净债务从超过340亿美元减少到约220亿美元。这是通过出售非核心资产、减少数十亿美元的年度运营费用以及利用公司丰富的运营现金流偿还债务来实现的。毫无疑问，梯瓦现在的财务状况比舒尔茨第一次掌权时更加稳健。</blockquote></p><p> Schultz is expected to play a key role in&nbsp;helping Teva navigate a sea of litigation, too. With the company focused on reducing debt, Schultz will aim to settle litigation with minimal amounts of cash. Instead, look for the company to offer free or reduced-price medication to states over roughly a decade as a way of potentially settling opioid litigation. It also doesn't hurt that a California trial found drugmakers weren't liable for the opioid epidemic. This puts added momentum in Teva's sails.</p><p><blockquote>预计舒尔茨也将在帮助梯瓦应对诉讼海洋方面发挥关键作用。由于公司专注于减少债务，舒尔茨的目标是用最少的现金解决诉讼。相反，期待该公司在大约十年内向各州提供免费或低价药物，作为解决阿片类药物诉讼的潜在方式。加州的一项试验发现制药商对阿片类药物的流行没有责任，这也没有什么坏处。这为梯瓦的航行增添了动力。</blockquote></p><p> Over the long run, Teva should be buoyed by increased usage of generics. Rapidly rising brand-name drug list prices, coupled with growing access to healthcare services, should lift Teva's generic drug pricing power and overall sales volume.</p><p><blockquote>从长远来看，仿制药使用的增加应该会提振梯瓦。快速上涨的品牌药物清单价格，加上获得医疗保健服务的机会不断增加，应该会提升梯瓦的仿制药定价权和整体销量。</blockquote></p><p> At roughly three times (yes,<i>three times</i>!) Wall Street's consensus forward-year earnings per share, you'd struggle to find a more deeply discounted&nbsp;drug stock&nbsp;right now.</p><p><blockquote>大约三次（是的，<i>三次</i>!)根据华尔街普遍预期的每股收益，你现在很难找到更大折扣的药品股票。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.fool.com/investing/2021/12/01/3-top-stocks-thatll-make-you-richer-in-december/\">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":{"SE":"Sea Ltd","TEVA":"梯瓦制药"},"source_url":"https://www.fool.com/investing/2021/12/01/3-top-stocks-thatll-make-you-richer-in-december/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1161855788","content_text":"We've officially hit the home stretch for what looks like another great year for the stock market. Since bottoming out in March 2020, the benchmark S&P 500 has been practically unstoppable. In what's become the strongest bounce-back rally from a bear-market bottom on record, the S&P 500 has delivered a total return, including dividends, of 111% since March 23, 2020.\nBut even with the broader market a stone's throw from an all-time high, incredible deals still abound. The following three top stocks all possess attributes that can help make you richer in December, and, most importantly, well beyond.\nImage source: Getty Images.\nSea Limited\nFor you unbridledgrowth investors, the stock that could make you a lot richer this month and well beyond is Singapore-based Sea Limited.\nSea has had a monumental run-up since the bear-market bottom 20 months ago. Shares are up a cool 672% -- and that's after a 20% pullback from its all-time closing high on Oct. 19. With inflation picking up and coronavirus disease 2019 (COVID-19) variant concerns rearing their head, most growth stocks have taken it on the chin. But neither U.S. inflation nor COVID-19 variants are of concern to Sea Limited's three rapidly growing operating segments.\nFor the time being, the only division generating positive earnings before interest, taxes, depreciation, and amortization (EBITDA) is its mobile gaming unit, led byFree Fire. When the curtain closed on September, the company had 729 million quarterly active gamers.\nBut it's not the number of gamers that's impressive. It's that 12.8% of these gamers (93.2 million) were paying to play. The pay-to-play conversion rate for the mobile gaming industry was closer to 2% in 2020.  As long as Sea is generating revenue from users at a considerably higher clip than the industry average, it should command a valuation premium.\nThe second rapidly growing segment is digital financial services. Though this division is still relatively nascent, the number of paying mobile wallet users grew to 39.3 million in the third quarter. Since many of the regions targeted by Sea are underbanked emerging markets, offering digital financial tools that can democratize the payment process could be a long-term game-changer.\nBut the third and most exciting operating segment is its e-commerce division, Shopee. Among downloadable shopping apps, Shopee consistently reigns supreme in Southeastern Asia. Between COVID-19 keeping people in their homes and middle-class consumers fueling buying activity in emerging market economies, Shopee is set up for success. In fact, its annual gross merchandise value (GMV) run-rate of $67.2 billion (based on third-quarter 2021 figures) is more than six times higher than the GMV the company reported in all of 2018.\nSea Limited could very well be one of the fastest-growing mega-cap stocks on the planet this decade.\nImage source: Getty Images.\nPlanet 13 Holdings\nAnother top stock with all the tools necessary to make investors richer in December and for many years in the future is U.S. marijuana stock Planet 13 Holdings.\nEasily the biggest objection to investing in U.S. pot stocks is the fact that Congress still hasn't enacted cannabis legalization efforts. While it would make life easier for marijuana companies if the federal government would enact reforms, the vast majority of publicly traded pot stocks are primed for success if the status quo continues. With 36 states having legalized weed in some capacity, and the Department of Justice maintaining a hands-off policy, U.S. cannabis stocks like Planet 13 can bloom into successful businesses.\nFor the vast majority of multi-state operators (MSOs), their strategy consists of targeting big-dollar markets and planting their proverbial flag in as many states as possible. But this isn't how Planet 13 operates. It gets its competitive edge by focusing just as much on the immersive shopping experience as it does on making a sale.\nFor the moment, Planet 13 has just two operating dispensaries. The first is the Las Vegas SuperStore just west of the Strip. It's 112,000 square feet in size and contains a restaurant, events center, and consumer-facing processing center. In July 2021, Planet 13 opened its Orange County SuperStore about 10 minutes from Disneyland in Santa Ana, California. It spans 55,000 square feet and features a whopping 16,500 square feet of selling space.'\nPlanet 13's stores are a must-see for cannabis tourists as well as locals. In fact, significantly reduced tourist traffic to Las Vegas during the pandemic forced the company to begin focusing on local residents. With Las Vegas tourism returning to some semblance of normal, Planet 13 now has both tourist appeal and a strong local resident following.\nThe company has also had quite a bit of success launching its own cannabis brands. According to Headset, via third-quarter commentary from Planet 13 CEO Larry Scheffler, Trendi comprises 5% of Nevada's vape sales, with HaHa edibles accounting for 14% of the Silver State's edible sales.\nWith Planet 13 on the cusp of recurring profitability and more than 50% below its February high, the time for opportunistic investors to pounce is now.\nImage source: Getty Images.\nTeva Pharmaceutical Industries\nAs for you value investors, the top stock that can make you richer in December and beyond is brand-name and generic drug developer Teva Pharmaceutical Industries.\nTeva has dealt with a laundry list of bad news events over the five years. The company settled bribery charges with U.S. regulators, grossly overpaid for generic drugmaker Actavis, completely shelved its dividend, and saw its top-selling drug -- multiple sclerosis drug Copaxone -- lose patent exclusivity. But the biggest concern of late is the ongoing litigation Teva is facing over its role in the opioid crisis.\nWhile these are not the types of hurdles that get leaped in a single bound, Teva's CEO Kare Schultz has done an exemplary job of getting the company back on track. Schultz is a bona fide turnaround specialist who's been with the company for a little over four years. In that time, he's reduced Teva's net debt from more than $34 billion to around $22 billion. This has been accomplished by selling off non-core assets, reducing annual operating expenses by billions of dollars, and utilizing the company's bountiful operating cash flow to pay down debt. There no question that Teva is a more financially sound company now than when Schultz was first given the reins.\nSchultz is expected to play a key role in helping Teva navigate a sea of litigation, too. With the company focused on reducing debt, Schultz will aim to settle litigation with minimal amounts of cash. Instead, look for the company to offer free or reduced-price medication to states over roughly a decade as a way of potentially settling opioid litigation. It also doesn't hurt that a California trial found drugmakers weren't liable for the opioid epidemic. This puts added momentum in Teva's sails.\nOver the long run, Teva should be buoyed by increased usage of generics. Rapidly rising brand-name drug list prices, coupled with growing access to healthcare services, should lift Teva's generic drug pricing power and overall sales volume.\nAt roughly three times (yes,three times!) Wall Street's consensus forward-year earnings per share, you'd struggle to find a more deeply discounted drug stock right now.","news_type":1,"symbols_score_info":{"SE":0.9,"TEVA":0.9,"PLHWF":0.9}},"isVote":1,"tweetType":1,"viewCount":2907,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":875570165,"gmtCreate":1637674901497,"gmtModify":1637674910949,"author":{"id":"4087442949550080","authorId":"4087442949550080","name":"Yuenyee","avatar":"https://static.tigerbbs.com/b7436f5c582213fe37305f2b9b1e9ab3","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4087442949550080","authorIdStr":"4087442949550080"},"themes":[],"htmlText":"👍","listText":"👍","text":"👍","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/875570165","repostId":"2185381910","repostType":4,"isVote":1,"tweetType":1,"viewCount":2859,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":872308109,"gmtCreate":1637412290763,"gmtModify":1637412290885,"author":{"id":"4087442949550080","authorId":"4087442949550080","name":"Yuenyee","avatar":"https://static.tigerbbs.com/b7436f5c582213fe37305f2b9b1e9ab3","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4087442949550080","authorIdStr":"4087442949550080"},"themes":[],"htmlText":"👍","listText":"👍","text":"👍","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/872308109","repostId":"1184986621","repostType":4,"repost":{"id":"1184986621","kind":"news","pubTimestamp":1637382486,"share":"https://www.laohu8.com/m/news/1184986621?lang=zh_CN&edition=full","pubTime":"2021-11-20 12:28","market":"us","language":"en","title":"Why United Airlines Stock Is Losing Altitude Today<blockquote>为什么联合航空股价今天正在下跌</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1184986621","media":"Motley Fool","summary":"Key Points\nUnited Airlines, among the U.S. carriers most reliant on international travel, is leading","content":"<p><b>Key Points</b></p><p><blockquote><b>要点</b></blockquote></p><p> United Airlines, among the U.S. carriers most reliant on international travel, is leading the sector down on Friday.</p><p><blockquote>联合航空是最依赖国际旅行的美国航空公司之一，周五领跌该行业。</blockquote></p><p> Bad news out of Austria and Germany and an uptick in hospitalizations in parts of the U.S. are leading to concerns the vaccine-powered reopening will not hold.What happened</p><p><blockquote>来自奥地利和德国的坏消息以及美国部分地区住院人数的上升引发了人们对疫苗驱动的重新开放将无法持续的担忧。发生了什么</blockquote></p><p> The latest headlines concerning the pandemic are largely negative, and airline stocks are under pressure as a result. Shares of&nbsp;<a href=\"https://laohu8.com/S/UAL\"><b>United Airlines Holdings</b>&nbsp;</a>&nbsp;down nearly 3% on Friday.</p><p><blockquote>有关疫情的最新头条新闻大多是负面的，航空股因此面临压力。本公司之股份<a href=\"https://laohu8.com/S/UAL\"><b>联合航空控股公司</b> </a>周五下跌近3%。</blockquote></p><p> <b>So what</b></p><p><blockquote><b>那又怎样</b></blockquote></p><p> Airline stockswere hit hard during the pandemic, as travel restrictions and lockdowns largely eliminated demand for travel. We've seen a gradual recovery in the sector as the global economy has pushed to reopen, but the airlines are still by and large losing money and in a fragile state.</p><p><blockquote>由于旅行限制和封锁在很大程度上消除了旅行需求，航空公司股票在大流行期间遭受重创。随着全球经济推动重新开放，我们看到该行业逐渐复苏，但航空公司总体上仍在亏损，处于脆弱状态。</blockquote></p><p> Given the tenuous nature of the recovery, investors have been skittish during periods when the news flow about the pandemic turns negative. That's the case on Friday, with the markets processing news that Austria will impose a full national lockdown starting Monday in response to rising COVID-19 cases.&nbsp;Germany is also planning new restrictions, and in the U.S. there is an uptick in hospitalizations.</p><p><blockquote>鉴于复苏的脆弱性质，当有关疫情的消息转为负面时，投资者会感到不安。周五的情况就是如此，市场正在处理奥地利将从周一开始实施全面全国封锁的消息，以应对不断上升的新冠肺炎病例。德国也在计划新的限制措施，美国的住院人数也在上升。</blockquote></p><p> The latest headlines threaten the narrative that as the vaccine becomes more widespread, the pandemic will move to the background. That would be bad news for airline stocks, and the sector is trading off as a response.</p><p><blockquote>最新的头条新闻威胁到这样一种说法，即随着疫苗变得越来越普遍，疫情将退居幕后。这对航空股来说是个坏消息，该行业正在进行交易作为回应。</blockquote></p><p> <b>Now what</b></p><p><blockquote><b>现在怎么办</b></blockquote></p><p> The concern is hardly limited to United, but given United's historical place as one of the airlines most reliant on international fares it is understandable that investors are particularly concerned about it in light of the latest news. When times are good, United's international reach is the envy of the industry, but in times like this when new border restrictions are possible United is arguably poorly positioned to succeed.</p><p><blockquote>这种担忧不仅限于美联航，但鉴于美联航作为最依赖国际票价的航空公司之一的历史地位，鉴于最新消息，投资者对此特别担忧是可以理解的。当情况好的时候，美联航的国际影响力是业界羡慕的，但在这样的时期，当新的边境限制可能出现时，美联航可以说不太可能取得成功。</blockquote></p><p> It is too soon to say what will become of this latest COVID-19 wave, or how bad it will get, but there isn't much evidence right now to support a bull case built around a quick turnaround. For those willing to ride out the turbulence I'd favor&nbsp;<b>Delta Air Lines</b>, which has a better mix of domestic and international exposure, a solid balance sheet, and fewer labor concerns than other airlines.</p><p><blockquote>现在说最新的新冠肺炎浪潮会发生什么，或者会变得有多糟糕还为时过早，但目前没有太多证据支持围绕快速好转建立的牛市案例。对于那些愿意安然度过动荡的人，我会支持<b>达美航空</b>与其他航空公司相比，该公司拥有更好的国内和国际风险组合、稳健的资产负债表以及更少的劳动力担忧。</blockquote></p><p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Why United Airlines Stock Is Losing Altitude Today<blockquote>为什么联合航空股价今天正在下跌</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhy United Airlines Stock Is Losing Altitude Today<blockquote>为什么联合航空股价今天正在下跌</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Motley Fool</strong><span class=\"h-time small\">2021-11-20 12:28</span>\n</p>\n</h4>\n</header>\n<article>\n<p><b>Key Points</b></p><p><blockquote><b>要点</b></blockquote></p><p> United Airlines, among the U.S. carriers most reliant on international travel, is leading the sector down on Friday.</p><p><blockquote>联合航空是最依赖国际旅行的美国航空公司之一，周五领跌该行业。</blockquote></p><p> Bad news out of Austria and Germany and an uptick in hospitalizations in parts of the U.S. are leading to concerns the vaccine-powered reopening will not hold.What happened</p><p><blockquote>来自奥地利和德国的坏消息以及美国部分地区住院人数的上升引发了人们对疫苗驱动的重新开放将无法持续的担忧。发生了什么</blockquote></p><p> The latest headlines concerning the pandemic are largely negative, and airline stocks are under pressure as a result. Shares of&nbsp;<a href=\"https://laohu8.com/S/UAL\"><b>United Airlines Holdings</b>&nbsp;</a>&nbsp;down nearly 3% on Friday.</p><p><blockquote>有关疫情的最新头条新闻大多是负面的，航空股因此面临压力。本公司之股份<a href=\"https://laohu8.com/S/UAL\"><b>联合航空控股公司</b> </a>周五下跌近3%。</blockquote></p><p> <b>So what</b></p><p><blockquote><b>那又怎样</b></blockquote></p><p> Airline stockswere hit hard during the pandemic, as travel restrictions and lockdowns largely eliminated demand for travel. We've seen a gradual recovery in the sector as the global economy has pushed to reopen, but the airlines are still by and large losing money and in a fragile state.</p><p><blockquote>由于旅行限制和封锁在很大程度上消除了旅行需求，航空公司股票在大流行期间遭受重创。随着全球经济推动重新开放，我们看到该行业逐渐复苏，但航空公司总体上仍在亏损，处于脆弱状态。</blockquote></p><p> Given the tenuous nature of the recovery, investors have been skittish during periods when the news flow about the pandemic turns negative. That's the case on Friday, with the markets processing news that Austria will impose a full national lockdown starting Monday in response to rising COVID-19 cases.&nbsp;Germany is also planning new restrictions, and in the U.S. there is an uptick in hospitalizations.</p><p><blockquote>鉴于复苏的脆弱性质，当有关疫情的消息转为负面时，投资者会感到不安。周五的情况就是如此，市场正在处理奥地利将从周一开始实施全面全国封锁的消息，以应对不断上升的新冠肺炎病例。德国也在计划新的限制措施，美国的住院人数也在上升。</blockquote></p><p> The latest headlines threaten the narrative that as the vaccine becomes more widespread, the pandemic will move to the background. That would be bad news for airline stocks, and the sector is trading off as a response.</p><p><blockquote>最新的头条新闻威胁到这样一种说法，即随着疫苗变得越来越普遍，疫情将退居幕后。这对航空股来说是个坏消息，该行业正在进行交易作为回应。</blockquote></p><p> <b>Now what</b></p><p><blockquote><b>现在怎么办</b></blockquote></p><p> The concern is hardly limited to United, but given United's historical place as one of the airlines most reliant on international fares it is understandable that investors are particularly concerned about it in light of the latest news. When times are good, United's international reach is the envy of the industry, but in times like this when new border restrictions are possible United is arguably poorly positioned to succeed.</p><p><blockquote>这种担忧不仅限于美联航，但鉴于美联航作为最依赖国际票价的航空公司之一的历史地位，鉴于最新消息，投资者对此特别担忧是可以理解的。当情况好的时候，美联航的国际影响力是业界羡慕的，但在这样的时期，当新的边境限制可能出现时，美联航可以说不太可能取得成功。</blockquote></p><p> It is too soon to say what will become of this latest COVID-19 wave, or how bad it will get, but there isn't much evidence right now to support a bull case built around a quick turnaround. For those willing to ride out the turbulence I'd favor&nbsp;<b>Delta Air Lines</b>, which has a better mix of domestic and international exposure, a solid balance sheet, and fewer labor concerns than other airlines.</p><p><blockquote>现在说最新的新冠肺炎浪潮会发生什么，或者会变得有多糟糕还为时过早，但目前没有太多证据支持围绕快速好转建立的牛市案例。对于那些愿意安然度过动荡的人，我会支持<b>达美航空</b>与其他航空公司相比，该公司拥有更好的国内和国际风险组合、稳健的资产负债表以及更少的劳动力担忧。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.fool.com/investing/2021/11/19/why-united-airlines-stock-is-losing-altitude-today/\">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":{"UAL":"联合大陆航空"},"source_url":"https://www.fool.com/investing/2021/11/19/why-united-airlines-stock-is-losing-altitude-today/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1184986621","content_text":"Key Points\nUnited Airlines, among the U.S. carriers most reliant on international travel, is leading the sector down on Friday.\nBad news out of Austria and Germany and an uptick in hospitalizations in parts of the U.S. are leading to concerns the vaccine-powered reopening will not hold.What happened\nThe latest headlines concerning the pandemic are largely negative, and airline stocks are under pressure as a result. Shares of United Airlines Holdings  down nearly 3% on Friday.\nSo what\nAirline stockswere hit hard during the pandemic, as travel restrictions and lockdowns largely eliminated demand for travel. We've seen a gradual recovery in the sector as the global economy has pushed to reopen, but the airlines are still by and large losing money and in a fragile state.\nGiven the tenuous nature of the recovery, investors have been skittish during periods when the news flow about the pandemic turns negative. That's the case on Friday, with the markets processing news that Austria will impose a full national lockdown starting Monday in response to rising COVID-19 cases. Germany is also planning new restrictions, and in the U.S. there is an uptick in hospitalizations.\nThe latest headlines threaten the narrative that as the vaccine becomes more widespread, the pandemic will move to the background. That would be bad news for airline stocks, and the sector is trading off as a response.\nNow what\nThe concern is hardly limited to United, but given United's historical place as one of the airlines most reliant on international fares it is understandable that investors are particularly concerned about it in light of the latest news. When times are good, United's international reach is the envy of the industry, but in times like this when new border restrictions are possible United is arguably poorly positioned to succeed.\nIt is too soon to say what will become of this latest COVID-19 wave, or how bad it will get, but there isn't much evidence right now to support a bull case built around a quick turnaround. For those willing to ride out the turbulence I'd favor Delta Air Lines, which has a better mix of domestic and international exposure, a solid balance sheet, and fewer labor concerns than other airlines.","news_type":1,"symbols_score_info":{"UAL":0.9}},"isVote":1,"tweetType":1,"viewCount":2058,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":845387929,"gmtCreate":1636285732736,"gmtModify":1636285732988,"author":{"id":"4087442949550080","authorId":"4087442949550080","name":"Yuenyee","avatar":"https://static.tigerbbs.com/b7436f5c582213fe37305f2b9b1e9ab3","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4087442949550080","authorIdStr":"4087442949550080"},"themes":[],"htmlText":"👍","listText":"👍","text":"👍","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/845387929","repostId":"2181409167","repostType":4,"repost":{"id":"2181409167","kind":"news","pubTimestamp":1636262820,"share":"https://www.laohu8.com/m/news/2181409167?lang=zh_CN&edition=full","pubTime":"2021-11-07 13:27","market":"fut","language":"en","title":"US to Opec+: ‘This isn’t the end’ of effort to ease oil prices<blockquote>美国对欧佩克+：缓解油价努力的“这还不是结束”</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=2181409167","media":"BusinessDay","summary":"Biden wants the cartel to pump more oil to bring down prices and keep the post-Covid economic recovery on course","content":"<p><div> The US warned this week that Opec+ is at risk of impairing the world’s economic recovery by failing to put more oil into the global market, signalling that its efforts to ease high crude prices aren’t...</p><p><blockquote><div>美国本周警告称，石油输出国组织+未能向全球市场注入更多石油，有可能损害世界经济复苏，这表明其缓解高原油价格的努力没有成功...</div></blockquote></p><p>  <a href=\"https://www.businesslive.co.za/bt/business-and-economy/2021-11-07-us-to-opec-this-isnt-the-end-of-effort-to-ease-oil-prices/\">网页链接</a>  </div> </p><p><blockquote><a href=\"https://www.businesslive.co.za/bt/business-and-economy/2021-11-07-us-to-opec-this-isnt-the-end-of-effort-to-ease-oil-prices/\">网页连接</a></blockquote></p><p></p>","source":"businessday_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>US to Opec+: ‘This isn’t the end’ of effort to ease oil prices<blockquote>美国对欧佩克+：缓解油价努力的“这还不是结束”</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\">\nUS to Opec+: ‘This isn’t the end’ of effort to ease oil prices<blockquote>美国对欧佩克+：缓解油价努力的“这还不是结束”</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">BusinessDay</strong><span class=\"h-time small\">2021-11-07 13:27</span>\n</p>\n</h4>\n</header>\n<article>\n<p><div> The US warned this week that Opec+ is at risk of impairing the world’s economic recovery by failing to put more oil into the global market, signalling that its efforts to ease high crude prices aren’t...</p><p><blockquote><div>美国本周警告称，石油输出国组织+未能向全球市场注入更多石油，有可能损害世界经济复苏，这表明其缓解高原油价格的努力没有成功...</div></blockquote></p><p>  <a href=\"https://www.businesslive.co.za/bt/business-and-economy/2021-11-07-us-to-opec-this-isnt-the-end-of-effort-to-ease-oil-prices/\">网页链接</a>  </div> </p><p><blockquote><a href=\"https://www.businesslive.co.za/bt/business-and-economy/2021-11-07-us-to-opec-this-isnt-the-end-of-effort-to-ease-oil-prices/\">网页连接</a></blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.businesslive.co.za/bt/business-and-economy/2021-11-07-us-to-opec-this-isnt-the-end-of-effort-to-ease-oil-prices/\">BusinessDay</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":{},"source_url":"https://www.businesslive.co.za/bt/business-and-economy/2021-11-07-us-to-opec-this-isnt-the-end-of-effort-to-ease-oil-prices/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2181409167","content_text":"The US warned this week that Opec+ is at risk of impairing the world’s economic recovery by failing to put more oil into the global market, signalling that its efforts to ease high crude prices aren’t over.Hours after Saudi Arabia and its allies in Opec+ — the 14 members of the Organisation of Petroleum Exporting Countries plus 10 non-members, including Russia — approved a 400,000 barrel-a-day output hike for December, the White House reiterated that it will consider “the full range of tools” to protect the economy.Other major consumers also say the Opec+ decision, at a meeting of the cartel this week, is not enough to sustain the post-Covid economic recovery, with the US asking for as much as double that amount. “They have the capacity and the power now to act and make sure this critical moment of global recovery is not impaired,” White House spokesperson Karine Jean-Pierre said.The US operates in “a competitive free market system”, she said, and Opec+ “is what impacts global oil prices, which is what has an effect on gas [petrol] prices at home”.","news_type":1,"symbols_score_info":{}},"isVote":1,"tweetType":1,"viewCount":2522,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":846989264,"gmtCreate":1636039467587,"gmtModify":1636039579198,"author":{"id":"4087442949550080","authorId":"4087442949550080","name":"Yuenyee","avatar":"https://static.tigerbbs.com/b7436f5c582213fe37305f2b9b1e9ab3","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4087442949550080","authorIdStr":"4087442949550080"},"themes":[],"htmlText":"👌","listText":"👌","text":"👌","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/846989264","repostId":"1127876611","repostType":4,"isVote":1,"tweetType":1,"viewCount":3481,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":848063174,"gmtCreate":1635948508046,"gmtModify":1635948711869,"author":{"id":"4087442949550080","authorId":"4087442949550080","name":"Yuenyee","avatar":"https://static.tigerbbs.com/b7436f5c582213fe37305f2b9b1e9ab3","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4087442949550080","authorIdStr":"4087442949550080"},"themes":[],"htmlText":"👍","listText":"👍","text":"👍","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/848063174","repostId":"2180754054","repostType":4,"isVote":1,"tweetType":1,"viewCount":2876,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":843781866,"gmtCreate":1635858972460,"gmtModify":1635858972542,"author":{"id":"4087442949550080","authorId":"4087442949550080","name":"Yuenyee","avatar":"https://static.tigerbbs.com/b7436f5c582213fe37305f2b9b1e9ab3","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4087442949550080","authorIdStr":"4087442949550080"},"themes":[],"htmlText":"👍","listText":"👍","text":"👍","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/843781866","repostId":"1147199832","repostType":4,"repost":{"id":"1147199832","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":1635855008,"share":"https://www.laohu8.com/m/news/1147199832?lang=zh_CN&edition=full","pubTime":"2021-11-02 20:10","market":"us","language":"en","title":"Toplines Before US Market Open on Tuesday<blockquote>周二美国市场开盘前的营收</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1147199832","media":"Tiger Newspress","summary":"U.S. stock index futures mixed on Tuesday, pointing to a slight easing from record highs for Wall St","content":"<p>U.S. stock index futures mixed on Tuesday, pointing to a slight easing from record highs for Wall Street indexes as investors took to caution ahead of the Federal Reserve’s widely expected move to start tapering its monthly bond purchases.</p><p><blockquote>美国股指期货周二涨跌互现，表明华尔街指数从创纪录高位略有缓和，因投资者在美联储开始缩减月度债券购买规模之前采取谨慎态度。</blockquote></p><p> At 8:00 a.m. ET, Dow e-minis were up 29 points, or 0.08%, S&amp;P 500 e-minis were up 2 points, or 0.04%, and Nasdaq 100 e-minis were down 17.5 points, or 0.1%.</p><p><blockquote>截至美国东部时间上午8:00，道指e-mini上涨29点，涨幅0.08%，标普500 e-mini上涨2点，涨幅0.04%，纳斯达克100 e-mini下跌17.5点，涨幅0.1%。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/6e516df5a8317319822c86b104fb50dd\" tg-width=\"1080\" tg-height=\"378\" width=\"100%\" height=\"auto\"></p><p><blockquote></blockquote></p><p> The U.S. central bank on Wednesday is expected to approve plans to scale back its pandemic-era support for the world’s largest economy, while focus will also be on commentary about interest rates and how sustained the recent surge in inflation is.</p><p><blockquote>预计美联储周三将批准缩减疫情时期对全球最大经济体支持的计划，同时焦点也将集中在有关利率的评论以及近期通胀飙升的持续程度上。</blockquote></p><p> <b>Stocks making the biggest moves in the premarket:</b></p><p><blockquote><b>盘前涨幅最大的股票：</b></blockquote></p><p> <b>Tesla(TSLA)</b>&nbsp;–&nbsp;Tesla&nbsp;stock fell 4.6% in premarket trading.Reports of recalls and Hertz-deal uncertainties are two reasons the stock might be down.</p><p><blockquote><b>特斯拉(TSLA)</b>-特斯拉股价在盘前交易中下跌4.6%。召回报道和赫兹交易的不确定性是该股可能下跌的两个原因。</blockquote></p><p> <b>Pfizer</b><b>(PFE)</b> – Pfizer jumped 2.8% in the premarket after the drugmaker reported better-than-expected profit and revenue for the third quarter. Pfizer earned $1.34 per share, 25 cents a share above estimates. The company also&nbsp;issued an improved full-year forecast&nbsp;on strong demand for both its Covid-19 vaccine and non-Covid treatments.</p><p><blockquote><b>辉瑞</b><b>（PFE）</b>-辉瑞公布第三季度利润和收入好于预期，该公司盘前股价上涨2.8%。辉瑞每股收益1.34美元，比预期高出25美分。该公司还针对其Covid-19疫苗和非Covid治疗的强劲需求发布了改进的全年预测。</blockquote></p><p> <b>Novavax(</b><b>NVAX</b><b>)</b>&nbsp;–&nbsp;Novavax shares jumped another 4% in premarket trading&nbsp;Tuesday&nbsp;after rising nearly 16% yesterday&nbsp;as&nbsp;Novavax COVID-19 vaccine got first authorization; expected more within weeks.</p><p><blockquote><b>诺瓦瓦克斯（</b><b>NVAX</b><b>)</b>-随着Novavax COVID-19疫苗获得首次授权，Novavax股价继昨天上涨近16%后，周二盘前交易中又上涨4%；预计几周内会有更多。</blockquote></p><p> <b>Lucid(LCID)</b>&nbsp;–&nbsp;ucid stock fell 4.5% in premarket trading.Morgan Stanley thinks shares are significantly overvalued at current levels and rates LCID as Underweight (i.e. Sell),backed by a $12 price target. This figure suggests shares will lose a huge 67% of their value over the next 12 months.</p><p><blockquote><b>Lucid(LCID)</b>-ucid股票在盘前交易中下跌4.5%。摩根士丹利认为该股在当前水平上被严重高估，并将LCID评级为跑输大盘（即卖出），目标价为12美元。这一数字表明，未来12个月内，股价将大幅下跌67%。</blockquote></p><p> <b>ConocoPhillips(COP)</b>&nbsp;–&nbsp;ConocoPhillips stock rose&nbsp;nearly&nbsp;1% after the oil company reported better-than-expected earnings.Conoco reported an adjusted profit of $1.77 a share, beating forecasts for $1.50 a share.Conoco credited not just rising oil prices for the earnings beat, but also progress in integrating Concho Resources, which agreed to buy in October 2020.</p><p><blockquote><b>康菲石油公司(COP)</b>-康菲石油公司公布好于预期的盈利后，该公司股价上涨近1%。康菲石油公司公布调整后每股利润为1.77美元，超出预期的每股1.50美元。康菲石油公司的盈利超出预期不仅归功于油价上涨，还归功于康乔资源公司(Concho Resources)的整合也取得了进展，该公司于2020年10月同意收购。</blockquote></p><p> <b>Under Armour</b><b>(UAA) </b>– The athletic apparel maker’s shares surged 9.5% in premarket trading after it more than doubled the 15 cents a share consensus estimate, with quarterly earnings of 31 cents per share. Under Armour&nbsp;also raised its full-year outlook, as consumers maintain a high interest in comfortable daily wear.</p><p><blockquote><b>Under Armour</b><b>(UAA)</b>–这家运动服装制造商的股价在盘前交易中飙升9.5%，比每股15美分的普遍预期高出一倍多，季度收益为每股31美分。Under Armour还上调了全年预期，因为消费者对舒适的日常穿着保持着浓厚的兴趣。</blockquote></p><p> <b>Generac(GNRC)</b> – Generac shares slid 4.9% in the premarket after beating bottom-line estimates but reporting lower-than-expected quarterly sales. Separately, the maker of home and commercial generators announced it is buying Canada-based smart thermostat maker Ecobee in a cash-and-stock deal that could be worth up to $770 million, depending on whether Ecobee reaches certain performance targets.</p><p><blockquote><b>Generac(GNRC)</b>-Generac股价在盘前下跌4.9%，此前该公司的盈利超出预期，但季度销售额低于预期。另外，这家家用和商用发电机制造商宣布将以现金加股票的方式收购加拿大智能恒温器制造商Ecobee，价值可能高达7.7亿美元，具体取决于Ecobee是否达到某些绩效目标。</blockquote></p><p> <b>DuPont(DD) </b>– DuPont rose 1.1% in premarket action after the chemical maker beat estimates but cut its full-year outlook citing decelerating orders from customers due to the worldwide chip shortage. DuPont came in 3 cents a share above estimates, with third-quarter profit of $1.15 per share. Separately, DuPont announced the acquisition of materials technology company&nbsp;<b>Rogers Corp.(ROG)</b> in a $5.2 billion deal, with Rogers soaring 27.3% following news of the deal.</p><p><blockquote><b>杜邦（DD）</b>-杜邦公司在盘前上涨1.1%，此前这家化学品制造商超出预期，但下调了全年预期，理由是全球芯片短缺导致客户订单放缓。杜邦公司每股收益比预期高出3美分，第三季度每股利润为1.15美元。另外，杜邦宣布收购材料技术公司<b>罗杰斯公司(ROG)</b>这笔交易价值52亿美元，交易消息传出后，罗杰斯股价飙升27.3%。</blockquote></p><p> <b>Estee Lauder(EL)</b> – The cosmetics maker’s stock dropped 2.5% in the premarket, as it beat Street forecasts but cut its annual sales outlook due to inflation and supply chain disruptions. Estee Lauder earned $1.86 per share for the quarter, compared to a $1.70 share consensus estimate.</p><p><blockquote><b>雅诗兰黛(EL)</b>-这家化妆品制造商的股价在盘前下跌2.5%，因为该公司超出了华尔街的预期，但由于通货膨胀和供应链中断而下调了年度销售预期。雅诗兰黛本季度每股收益1.86美元，而市场普遍预期为1.70美元。</blockquote></p><p> <b>Avis Budget(CAR)</b> – Avis Budget reported quarterly earnings of $10.74 per share, well above the $6.52 a share consensus estimate. Revenue also topped Wall Street forecasts. Heavy demand for rental cars and higher rental rates gave a significant boost to Avis Budget’s results. The stock rallied 6.6% in premarket trading.</p><p><blockquote><b>Avis Budget(CAR)</b>-Avis Budget报告季度收益为每股10.74美元，远高于每股6.52美元的普遍预期。收入也超出了华尔街的预期。对租车的强劲需求和较高的租金极大地提振了Avis Budget的业绩。该股在盘前交易中上涨6.6%。</blockquote></p><p> <b>Simon Property(SPG)</b> – Simon nearly doubled the $1.09 per share consensus estimate, with quarterly earnings of $2.07 per share. The mall operator’s revenue also came in above analysts’ projections. Simon saw improved occupancy rates for its shopping malls during the quarter as well as an increase in shopper traffic. Simon shares rallied 4.2% in premarket action.</p><p><blockquote><b>西蒙地产(SPG)</b>–Simon将每股1.09美元的普遍预期提高了近一倍，季度收益为每股2.07美元。该购物中心运营商的收入也高于分析师的预测。西蒙本季度购物中心的入住率有所提高，购物者流量也有所增加。西蒙股价在盘前上涨4.2%。</blockquote></p><p> <b>Clorox(CLX)</b> – Clorox beat estimates by 18 cents a share, with quarterly earnings of $1.21 per share. The household products maker posted better-than-expected revenue as well, and Clorox backed its prior full-year forecast. Its stock was up 2.2% in the premarket.</p><p><blockquote><b>高乐氏(CLX)</b>-高乐氏每股收益超出预期18美分，季度收益为每股1.21美元。这家家居用品制造商公布的收入也好于预期，高乐氏支持其之前的全年预测。其股价盘前上涨2.2%。</blockquote></p><p></p><p> <b>Chegg(CHGG)</b> – Chegg shares tanked 33% in the premarket after the online education company reported lower-than-expected quarterly sales and merely matched Street estimates, with quarterly earnings of 20 cents per share. Chegg said enrollment did not bounce back as it had expected.</p><p><blockquote><b>Chegg(CHGG)</b>-在线教育公司Chegg公布季度销售额低于预期，仅符合华尔街预期，季度收益为每股20美分，该公司股价在盘前下跌33%。Chegg表示，入学人数并没有像预期的那样反弹。</blockquote></p><p> <b>Nutrien(NTR)</b> – Nutrien raised its full-year profit outlook, amid strong global demand and higher prices for the Canadian fertilizer maker’s products.</p><p><blockquote><b>营养素(NTR)</b>-由于全球需求强劲且加拿大化肥制造商产品价格上涨，Nutrien上调了全年利润预期。</blockquote></p><p> <b>McKesson(MCK)</b> – The drug distributor earned $6.15 per share for its latest quarter, easily beating the consensus estimate of $4.66 a share. Revenue topping estimates as well, driven by strong delivery numbers for more expensive specialty drugs as well as its government contract to distribute Covid-19 vaccines. McKesson shares gained 3.4% in the premarket.</p><p><blockquote><b>麦克森(MCK)</b>–该药品分销商最近一个季度的每股收益为6.15美元，轻松超过了每股4.66美元的普遍预期。由于更昂贵的特殊药物的强劲交付数量以及政府分发Covid-19疫苗的合同，收入也超出了预期。McKesson股价盘前上涨3.4%。</blockquote></p><p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Toplines Before US Market Open on Tuesday<blockquote>周二美国市场开盘前的营收</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nToplines Before US Market Open on Tuesday<blockquote>周二美国市场开盘前的营收</blockquote>\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time smaller\">2021-11-02 20:10</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>U.S. stock index futures mixed on Tuesday, pointing to a slight easing from record highs for Wall Street indexes as investors took to caution ahead of the Federal Reserve’s widely expected move to start tapering its monthly bond purchases.</p><p><blockquote>美国股指期货周二涨跌互现，表明华尔街指数从创纪录高位略有缓和，因投资者在美联储开始缩减月度债券购买规模之前采取谨慎态度。</blockquote></p><p> At 8:00 a.m. ET, Dow e-minis were up 29 points, or 0.08%, S&amp;P 500 e-minis were up 2 points, or 0.04%, and Nasdaq 100 e-minis were down 17.5 points, or 0.1%.</p><p><blockquote>截至美国东部时间上午8:00，道指e-mini上涨29点，涨幅0.08%，标普500 e-mini上涨2点，涨幅0.04%，纳斯达克100 e-mini下跌17.5点，涨幅0.1%。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/6e516df5a8317319822c86b104fb50dd\" tg-width=\"1080\" tg-height=\"378\" width=\"100%\" height=\"auto\"></p><p><blockquote></blockquote></p><p> The U.S. central bank on Wednesday is expected to approve plans to scale back its pandemic-era support for the world’s largest economy, while focus will also be on commentary about interest rates and how sustained the recent surge in inflation is.</p><p><blockquote>预计美联储周三将批准缩减疫情时期对全球最大经济体支持的计划，同时焦点也将集中在有关利率的评论以及近期通胀飙升的持续程度上。</blockquote></p><p> <b>Stocks making the biggest moves in the premarket:</b></p><p><blockquote><b>盘前涨幅最大的股票：</b></blockquote></p><p> <b>Tesla(TSLA)</b>&nbsp;–&nbsp;Tesla&nbsp;stock fell 4.6% in premarket trading.Reports of recalls and Hertz-deal uncertainties are two reasons the stock might be down.</p><p><blockquote><b>特斯拉(TSLA)</b>-特斯拉股价在盘前交易中下跌4.6%。召回报道和赫兹交易的不确定性是该股可能下跌的两个原因。</blockquote></p><p> <b>Pfizer</b><b>(PFE)</b> – Pfizer jumped 2.8% in the premarket after the drugmaker reported better-than-expected profit and revenue for the third quarter. Pfizer earned $1.34 per share, 25 cents a share above estimates. The company also&nbsp;issued an improved full-year forecast&nbsp;on strong demand for both its Covid-19 vaccine and non-Covid treatments.</p><p><blockquote><b>辉瑞</b><b>（PFE）</b>-辉瑞公布第三季度利润和收入好于预期，该公司盘前股价上涨2.8%。辉瑞每股收益1.34美元，比预期高出25美分。该公司还针对其Covid-19疫苗和非Covid治疗的强劲需求发布了改进的全年预测。</blockquote></p><p> <b>Novavax(</b><b>NVAX</b><b>)</b>&nbsp;–&nbsp;Novavax shares jumped another 4% in premarket trading&nbsp;Tuesday&nbsp;after rising nearly 16% yesterday&nbsp;as&nbsp;Novavax COVID-19 vaccine got first authorization; expected more within weeks.</p><p><blockquote><b>诺瓦瓦克斯（</b><b>NVAX</b><b>)</b>-随着Novavax COVID-19疫苗获得首次授权，Novavax股价继昨天上涨近16%后，周二盘前交易中又上涨4%；预计几周内会有更多。</blockquote></p><p> <b>Lucid(LCID)</b>&nbsp;–&nbsp;ucid stock fell 4.5% in premarket trading.Morgan Stanley thinks shares are significantly overvalued at current levels and rates LCID as Underweight (i.e. Sell),backed by a $12 price target. This figure suggests shares will lose a huge 67% of their value over the next 12 months.</p><p><blockquote><b>Lucid(LCID)</b>-ucid股票在盘前交易中下跌4.5%。摩根士丹利认为该股在当前水平上被严重高估，并将LCID评级为跑输大盘（即卖出），目标价为12美元。这一数字表明，未来12个月内，股价将大幅下跌67%。</blockquote></p><p> <b>ConocoPhillips(COP)</b>&nbsp;–&nbsp;ConocoPhillips stock rose&nbsp;nearly&nbsp;1% after the oil company reported better-than-expected earnings.Conoco reported an adjusted profit of $1.77 a share, beating forecasts for $1.50 a share.Conoco credited not just rising oil prices for the earnings beat, but also progress in integrating Concho Resources, which agreed to buy in October 2020.</p><p><blockquote><b>康菲石油公司(COP)</b>-康菲石油公司公布好于预期的盈利后，该公司股价上涨近1%。康菲石油公司公布调整后每股利润为1.77美元，超出预期的每股1.50美元。康菲石油公司的盈利超出预期不仅归功于油价上涨，还归功于康乔资源公司(Concho Resources)的整合也取得了进展，该公司于2020年10月同意收购。</blockquote></p><p> <b>Under Armour</b><b>(UAA) </b>– The athletic apparel maker’s shares surged 9.5% in premarket trading after it more than doubled the 15 cents a share consensus estimate, with quarterly earnings of 31 cents per share. Under Armour&nbsp;also raised its full-year outlook, as consumers maintain a high interest in comfortable daily wear.</p><p><blockquote><b>Under Armour</b><b>(UAA)</b>–这家运动服装制造商的股价在盘前交易中飙升9.5%，比每股15美分的普遍预期高出一倍多，季度收益为每股31美分。Under Armour还上调了全年预期，因为消费者对舒适的日常穿着保持着浓厚的兴趣。</blockquote></p><p> <b>Generac(GNRC)</b> – Generac shares slid 4.9% in the premarket after beating bottom-line estimates but reporting lower-than-expected quarterly sales. Separately, the maker of home and commercial generators announced it is buying Canada-based smart thermostat maker Ecobee in a cash-and-stock deal that could be worth up to $770 million, depending on whether Ecobee reaches certain performance targets.</p><p><blockquote><b>Generac(GNRC)</b>-Generac股价在盘前下跌4.9%，此前该公司的盈利超出预期，但季度销售额低于预期。另外，这家家用和商用发电机制造商宣布将以现金加股票的方式收购加拿大智能恒温器制造商Ecobee，价值可能高达7.7亿美元，具体取决于Ecobee是否达到某些绩效目标。</blockquote></p><p> <b>DuPont(DD) </b>– DuPont rose 1.1% in premarket action after the chemical maker beat estimates but cut its full-year outlook citing decelerating orders from customers due to the worldwide chip shortage. DuPont came in 3 cents a share above estimates, with third-quarter profit of $1.15 per share. Separately, DuPont announced the acquisition of materials technology company&nbsp;<b>Rogers Corp.(ROG)</b> in a $5.2 billion deal, with Rogers soaring 27.3% following news of the deal.</p><p><blockquote><b>杜邦（DD）</b>-杜邦公司在盘前上涨1.1%，此前这家化学品制造商超出预期，但下调了全年预期，理由是全球芯片短缺导致客户订单放缓。杜邦公司每股收益比预期高出3美分，第三季度每股利润为1.15美元。另外，杜邦宣布收购材料技术公司<b>罗杰斯公司(ROG)</b>这笔交易价值52亿美元，交易消息传出后，罗杰斯股价飙升27.3%。</blockquote></p><p> <b>Estee Lauder(EL)</b> – The cosmetics maker’s stock dropped 2.5% in the premarket, as it beat Street forecasts but cut its annual sales outlook due to inflation and supply chain disruptions. Estee Lauder earned $1.86 per share for the quarter, compared to a $1.70 share consensus estimate.</p><p><blockquote><b>雅诗兰黛(EL)</b>-这家化妆品制造商的股价在盘前下跌2.5%，因为该公司超出了华尔街的预期，但由于通货膨胀和供应链中断而下调了年度销售预期。雅诗兰黛本季度每股收益1.86美元，而市场普遍预期为1.70美元。</blockquote></p><p> <b>Avis Budget(CAR)</b> – Avis Budget reported quarterly earnings of $10.74 per share, well above the $6.52 a share consensus estimate. Revenue also topped Wall Street forecasts. Heavy demand for rental cars and higher rental rates gave a significant boost to Avis Budget’s results. The stock rallied 6.6% in premarket trading.</p><p><blockquote><b>Avis Budget(CAR)</b>-Avis Budget报告季度收益为每股10.74美元，远高于每股6.52美元的普遍预期。收入也超出了华尔街的预期。对租车的强劲需求和较高的租金极大地提振了Avis Budget的业绩。该股在盘前交易中上涨6.6%。</blockquote></p><p> <b>Simon Property(SPG)</b> – Simon nearly doubled the $1.09 per share consensus estimate, with quarterly earnings of $2.07 per share. The mall operator’s revenue also came in above analysts’ projections. Simon saw improved occupancy rates for its shopping malls during the quarter as well as an increase in shopper traffic. Simon shares rallied 4.2% in premarket action.</p><p><blockquote><b>西蒙地产(SPG)</b>–Simon将每股1.09美元的普遍预期提高了近一倍，季度收益为每股2.07美元。该购物中心运营商的收入也高于分析师的预测。西蒙本季度购物中心的入住率有所提高，购物者流量也有所增加。西蒙股价在盘前上涨4.2%。</blockquote></p><p> <b>Clorox(CLX)</b> – Clorox beat estimates by 18 cents a share, with quarterly earnings of $1.21 per share. The household products maker posted better-than-expected revenue as well, and Clorox backed its prior full-year forecast. Its stock was up 2.2% in the premarket.</p><p><blockquote><b>高乐氏(CLX)</b>-高乐氏每股收益超出预期18美分，季度收益为每股1.21美元。这家家居用品制造商公布的收入也好于预期，高乐氏支持其之前的全年预测。其股价盘前上涨2.2%。</blockquote></p><p></p><p> <b>Chegg(CHGG)</b> – Chegg shares tanked 33% in the premarket after the online education company reported lower-than-expected quarterly sales and merely matched Street estimates, with quarterly earnings of 20 cents per share. Chegg said enrollment did not bounce back as it had expected.</p><p><blockquote><b>Chegg(CHGG)</b>-在线教育公司Chegg公布季度销售额低于预期，仅符合华尔街预期，季度收益为每股20美分，该公司股价在盘前下跌33%。Chegg表示，入学人数并没有像预期的那样反弹。</blockquote></p><p> <b>Nutrien(NTR)</b> – Nutrien raised its full-year profit outlook, amid strong global demand and higher prices for the Canadian fertilizer maker’s products.</p><p><blockquote><b>营养素(NTR)</b>-由于全球需求强劲且加拿大化肥制造商产品价格上涨，Nutrien上调了全年利润预期。</blockquote></p><p> <b>McKesson(MCK)</b> – The drug distributor earned $6.15 per share for its latest quarter, easily beating the consensus estimate of $4.66 a share. Revenue topping estimates as well, driven by strong delivery numbers for more expensive specialty drugs as well as its government contract to distribute Covid-19 vaccines. McKesson shares gained 3.4% in the premarket.</p><p><blockquote><b>麦克森(MCK)</b>–该药品分销商最近一个季度的每股收益为6.15美元，轻松超过了每股4.66美元的普遍预期。由于更昂贵的特殊药物的强劲交付数量以及政府分发Covid-19疫苗的合同，收入也超出了预期。McKesson股价盘前上涨3.4%。</blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"UAA":"安德玛公司A类股","SPG":"西蒙地产","GNRC":"Generac控股","COP":"康菲石油","NTR":"Nutrien Ltd.","CHGG":"Chegg Inc","CAR":"安飞士","DD":"杜邦","MCK":"麦克森药物批发","CLX":"高乐氏","NVAX":"诺瓦瓦克斯医药",".IXIC":"NASDAQ Composite","PFE":"辉瑞","LCID":"Lucid Group Inc","ROG":"罗杰斯","EL":"雅诗兰黛","TSLA":"特斯拉",".DJI":"道琼斯",".SPX":"S&P 500 Index"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1147199832","content_text":"U.S. stock index futures mixed on Tuesday, pointing to a slight easing from record highs for Wall Street indexes as investors took to caution ahead of the Federal Reserve’s widely expected move to start tapering its monthly bond purchases.\nAt 8:00 a.m. ET, Dow e-minis were up 29 points, or 0.08%, S&P 500 e-minis were up 2 points, or 0.04%, and Nasdaq 100 e-minis were down 17.5 points, or 0.1%.\n\nThe U.S. central bank on Wednesday is expected to approve plans to scale back its pandemic-era support for the world’s largest economy, while focus will also be on commentary about interest rates and how sustained the recent surge in inflation is.\nStocks making the biggest moves in the premarket:\nTesla(TSLA) – Tesla stock fell 4.6% in premarket trading.Reports of recalls and Hertz-deal uncertainties are two reasons the stock might be down.\nPfizer(PFE) – Pfizer jumped 2.8% in the premarket after the drugmaker reported better-than-expected profit and revenue for the third quarter. Pfizer earned $1.34 per share, 25 cents a share above estimates. The company also issued an improved full-year forecast on strong demand for both its Covid-19 vaccine and non-Covid treatments.\nNovavax(NVAX) – Novavax shares jumped another 4% in premarket trading Tuesday after rising nearly 16% yesterday as Novavax COVID-19 vaccine got first authorization; expected more within weeks.\nLucid(LCID) – ucid stock fell 4.5% in premarket trading.Morgan Stanley thinks shares are significantly overvalued at current levels and rates LCID as Underweight (i.e. Sell),backed by a $12 price target. This figure suggests shares will lose a huge 67% of their value over the next 12 months.\nConocoPhillips(COP) – ConocoPhillips stock rose nearly 1% after the oil company reported better-than-expected earnings.Conoco reported an adjusted profit of $1.77 a share, beating forecasts for $1.50 a share.Conoco credited not just rising oil prices for the earnings beat, but also progress in integrating Concho Resources, which agreed to buy in October 2020.\nUnder Armour(UAA) – The athletic apparel maker’s shares surged 9.5% in premarket trading after it more than doubled the 15 cents a share consensus estimate, with quarterly earnings of 31 cents per share. Under Armour also raised its full-year outlook, as consumers maintain a high interest in comfortable daily wear.\nGenerac(GNRC) – Generac shares slid 4.9% in the premarket after beating bottom-line estimates but reporting lower-than-expected quarterly sales. Separately, the maker of home and commercial generators announced it is buying Canada-based smart thermostat maker Ecobee in a cash-and-stock deal that could be worth up to $770 million, depending on whether Ecobee reaches certain performance targets.\nDuPont(DD) – DuPont rose 1.1% in premarket action after the chemical maker beat estimates but cut its full-year outlook citing decelerating orders from customers due to the worldwide chip shortage. DuPont came in 3 cents a share above estimates, with third-quarter profit of $1.15 per share. Separately, DuPont announced the acquisition of materials technology company Rogers Corp.(ROG) in a $5.2 billion deal, with Rogers soaring 27.3% following news of the deal.\nEstee Lauder(EL) – The cosmetics maker’s stock dropped 2.5% in the premarket, as it beat Street forecasts but cut its annual sales outlook due to inflation and supply chain disruptions. Estee Lauder earned $1.86 per share for the quarter, compared to a $1.70 share consensus estimate.\nAvis Budget(CAR) – Avis Budget reported quarterly earnings of $10.74 per share, well above the $6.52 a share consensus estimate. Revenue also topped Wall Street forecasts. Heavy demand for rental cars and higher rental rates gave a significant boost to Avis Budget’s results. The stock rallied 6.6% in premarket trading.\nSimon Property(SPG) – Simon nearly doubled the $1.09 per share consensus estimate, with quarterly earnings of $2.07 per share. The mall operator’s revenue also came in above analysts’ projections. Simon saw improved occupancy rates for its shopping malls during the quarter as well as an increase in shopper traffic. Simon shares rallied 4.2% in premarket action.\nClorox(CLX) – Clorox beat estimates by 18 cents a share, with quarterly earnings of $1.21 per share. The household products maker posted better-than-expected revenue as well, and Clorox backed its prior full-year forecast. Its stock was up 2.2% in the premarket.\nChegg(CHGG) – Chegg shares tanked 33% in the premarket after the online education company reported lower-than-expected quarterly sales and merely matched Street estimates, with quarterly earnings of 20 cents per share. Chegg said enrollment did not bounce back as it had expected.\nNutrien(NTR) – Nutrien raised its full-year profit outlook, amid strong global demand and higher prices for the Canadian fertilizer maker’s products.\nMcKesson(MCK) – The drug distributor earned $6.15 per share for its latest quarter, easily beating the consensus estimate of $4.66 a share. Revenue topping estimates as well, driven by strong delivery numbers for more expensive specialty drugs as well as its government contract to distribute Covid-19 vaccines. McKesson shares gained 3.4% in the premarket.","news_type":1,"symbols_score_info":{"NQmain":0.9,"CLX":0.9,"CAR":0.9,"ROG":0.9,"LCID":0.9,"EL":0.9,"ESmain":0.9,"UAA":0.9,"GNRC":0.9,"TSLA":0.9,"DD":0.9,"CHGG":0.9,"COP":0.9,"YMmain":0.9,".DJI":0.9,"NVAX":0.9,"PFE":0.9,".IXIC":0.9,".SPX":0.9,"MCK":0.9,"SPG":0.9,"NTR":0.9}},"isVote":1,"tweetType":1,"viewCount":2048,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":849762774,"gmtCreate":1635778147836,"gmtModify":1635778163543,"author":{"id":"4087442949550080","authorId":"4087442949550080","name":"Yuenyee","avatar":"https://static.tigerbbs.com/b7436f5c582213fe37305f2b9b1e9ab3","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4087442949550080","authorIdStr":"4087442949550080"},"themes":[],"htmlText":"👍","listText":"👍","text":"👍","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/849762774","repostId":"1112898460","repostType":4,"isVote":1,"tweetType":1,"viewCount":719,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":840753939,"gmtCreate":1635692494731,"gmtModify":1635692494824,"author":{"id":"4087442949550080","authorId":"4087442949550080","name":"Yuenyee","avatar":"https://static.tigerbbs.com/b7436f5c582213fe37305f2b9b1e9ab3","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4087442949550080","authorIdStr":"4087442949550080"},"themes":[],"htmlText":"👍","listText":"👍","text":"👍","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/840753939","repostId":"1104228860","repostType":4,"isVote":1,"tweetType":1,"viewCount":944,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":840947451,"gmtCreate":1635580603582,"gmtModify":1635580603696,"author":{"id":"4087442949550080","authorId":"4087442949550080","name":"Yuenyee","avatar":"https://static.tigerbbs.com/b7436f5c582213fe37305f2b9b1e9ab3","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4087442949550080","authorIdStr":"4087442949550080"},"themes":[],"htmlText":"👍","listText":"👍","text":"👍","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/840947451","repostId":"2179212858","repostType":4,"isVote":1,"tweetType":1,"viewCount":943,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":858866205,"gmtCreate":1635037028480,"gmtModify":1635037038515,"author":{"id":"4087442949550080","authorId":"4087442949550080","name":"Yuenyee","avatar":"https://static.tigerbbs.com/b7436f5c582213fe37305f2b9b1e9ab3","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4087442949550080","authorIdStr":"4087442949550080"},"themes":[],"htmlText":"👍","listText":"👍","text":"👍","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/858866205","repostId":"1197815871","repostType":4,"repost":{"id":"1197815871","kind":"news","pubTimestamp":1635036807,"share":"https://www.laohu8.com/m/news/1197815871?lang=zh_CN&edition=full","pubTime":"2021-10-24 08:53","market":"us","language":"en","title":"Consumer Confidence Is Falling. Why That’s Ominous for Stocks.<blockquote>消费者信心正在下降。为什么这对股票来说是不祥之兆。</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1197815871","media":"Barrons","summary":"Consumers are sending worrisome signals that investors aren’t heeding. It’s time to pay attention.\nT","content":"<p>Consumers are sending worrisome signals that investors aren’t heeding. It’s time to pay attention.</p><p><blockquote>消费者发出了令人担忧的信号，但投资者没有注意到。是时候注意了。</blockquote></p><p> The stock market and consumer sentiment usually rise and fall in tandem. Take the past 18 months. Ultraloose global monetary policy, record levels of fiscal stimulus, and rising earnings forecasts have sent stocks to successive highs. The same stimulative forces, plus a pandemic that curtailed social activity, helped U.S. consumers amass more than $2 trillion in savings, even as the labor market tightened and wages climbed. Those stock market gains made consumers feel even more flush, and flush consumers made investors more bullish.</p><p><blockquote>股市和消费者情绪通常同步上涨和下跌。以过去18个月为例。超宽松的全球货币政策、创纪录水平的财政刺激以及不断上升的盈利预期推动股市连创新高。同样的刺激力量，加上限制社会活动的疫情，帮助美国消费者积累了超过2万亿美元的储蓄，尽管劳动力市场收紧、工资攀升。那些股市上涨让消费者感到更加富裕，而富裕的消费者让投资者更加看涨。</blockquote></p><p> Recently, though, the correlation has broken down. Consumers have become far less cheery while the stock market has marched higher, with the S&amp;P 500 index hitting an all-time high on Thursday. As Lisa Shalett, chief investment officer at Morgan Stanley Wealth Management, notes, the University of Michigan Consumer Sentiment index bounced up only slightly in September—to its March 2020 pandemic low—after dropping in August to the worst level since 2012. The Conference Board’s Consumer Confidence Index similarly tumbled.</p><p><blockquote>然而，最近这种相关性已经被打破。尽管股市走高，但消费者却变得不那么乐观，标普500指数周四创下历史新高。正如摩根士丹利财富管理公司首席投资官丽莎·沙莱特(Lisa Shalett)指出的那样，密歇根大学消费者信心指数在8月份跌至2012年以来的最差水平后，9月份仅小幅反弹，跌至2020年3月大流行期间的低点。世界大型企业联合会的消费者信心指数同样暴跌。</blockquote></p><p> The gap between those readings and the change in the stock market remains uncharacteristically wide, Shalett says. The difference between current readings and future expectations is also widening, suggesting that consumers don’t see their concerns as temporary. The confidence gap has persisted even as the latest wave of Covid-19 infections appears to have peaked, meaning there’s more to the story than the virus.</p><p><blockquote>沙莱特表示，这些读数与股市变化之间的差距仍然异常大。当前读数与未来预期之间的差异也在扩大，这表明消费者并不认为他们的担忧是暂时的。尽管最新一波新冠肺炎感染似乎已经达到顶峰，但信心差距仍然存在，这意味着故事不仅仅是病毒。</blockquote></p><p> So, who is right? Shalett leans toward the consumer’s view, and she’s not alone.</p><p><blockquote>那么，谁是对的呢？Shalett倾向于消费者的观点，而且她并不孤单。</blockquote></p><p> In a paper earlier this month, David Blanchflower, an economics professor at Dartmouth College and a former external member of the Bank of England’s monetary-policy committee, and Alex Bryson, a professor of quantitative social science at University College London, wrote about what they call “the economics of walking about.” The idea: that people on the ground possess information about economic trends based on their own experiences and the experiences of those they know, which allows them to assess future economic trends.</p><p><blockquote>在本月早些时候的一篇论文中，Dartmouth College经济学教授、英国央行货币政策委员会前外部成员David Blanchflower和University College London定量社会科学教授Alex Bryson写了他们看涨期权的“四处走动的经济学”。这个想法是：当地的人们根据他们自己的经验和他们认识的人的经验拥有关于经济趋势的信息，这使他们能够评估未来的经济趋势。</blockquote></p><p> Their conclusion: Economic shocks are hard to predict, but qualitative metrics about consumer expectations are predictive of downturns. They show that consumer-expectations indexes from both the University of Michigan and the Conference Board predict downturns up to 18 months in advance in the U.S. They find that all recessions since the 1980s have been predicted by at least 10-point drops in those indexes.</p><p><blockquote>他们的结论是：经济冲击很难预测，但消费者预期的定性指标可以预测经济衰退。他们显示，密歇根大学和世界大型企业联合会的消费者预期指数提前18个月预测美国经济将出现衰退。他们发现，自20世纪80年代以来的所有衰退都是由这些指数至少下降10个百分点来预测的。</blockquote></p><p> The Michigan gauge peaked in June 2021 and fell by 18 points by August, while the Conference Board measure peaked in March 2021 and then fell by 26 points through September 2021, say Blanchflower and Bryson. While they call the economic situation in 2021 “exceptional,” downshifts in consumer expectations in the past six months suggest that the U.S. economy is entering recession now, they say.</p><p><blockquote>Blanchflower和Bryson表示，密歇根州的指标在2021年6月达到峰值，到8月下降了18个百分点，而世界大型企业联合会的指标在2021年3月达到峰值，然后在2021年9月下降了26个百分点。他们表示，虽然他们看涨期权2021年的经济形势“异常”，但过去六个月消费者预期的下调表明美国经济现在正在进入衰退。</blockquote></p><p> “This is a bold call, and not consistent with consensus,” say Blanchflower and Bryson. “However, missing the declines in these variables in 2007, as most policy makers and economists did, proved fatal.”</p><p><blockquote>“这是一个大胆的看涨期权，与共识不一致，”布兰奇弗劳尔和布赖森说。“然而，正如大多数政策制定者和经济学家所做的那样，错过了2007年这些变量的下降，事实证明是致命的。”</blockquote></p><p> The reasons behind souring sentiment are at least as important as the decline itself. Surveys show that inflation is consumers’ top concern, even if the Federal Reserve continues to dismiss building pricing pressures.</p><p><blockquote>情绪恶化背后的原因至少与下跌本身一样重要。调查显示，通胀是消费者最关心的问题，即使美联储继续否认不断增加的定价压力。</blockquote></p><p> Consider retail sales, one series that Wall Street points to as evidence of buoyant consumers. Since March, when the last round of stimulus checks was sent, retail sales are up just 0.4%, while the consumer price index has risen 3.6%, notes Peter Boockvar, chief investment officer at Bleakley Advisory Group. “One can argue that all of the retail sales since March, and then some, is inflation and not volumes,” Boockvar says.</p><p><blockquote>以零售销售为例，华尔街认为这是消费者活跃的证据。Bleakley Advisory Group首席投资官Peter Boockvar指出，自3月份上一轮刺激支票发出以来，零售额仅增长了0.4%，而消费者价格指数则上涨了3.6%。“有人可能会说，自三月份以来的所有零售额以及部分零售额都是通货膨胀，而不是销量，”布克瓦尔说。</blockquote></p><p> Widespread shortages mean there is less to buy, but risk lies in assuming that demand is simply delayed. If consumers grow increasingly wary as they wait for cars, houses, and other items to become available—or affordable—potential consumption may be lost.</p><p><blockquote>普遍的短缺意味着可购买的商品减少，但风险在于假设需求只是被推迟。如果消费者在等待汽车、房子和其他物品变得可用或负担得起时变得越来越谨慎，潜在的消费可能会丧失。</blockquote></p><p> People are also worried about the job market, says University of Michigan economist Richard Curtin, despite ubiquitous help-wanted signs and fast wage growth. Workers may have written off more permanently jobs that became riskier during the pandemic and don’t pay enough to cover costs, as wage gains still haven’t kept pace with consumer price inflation. Many are forging new paths—new-business formation continues to explode—reinforcing the idea that the labor shortage isn’t so temporary.</p><p><blockquote>密歇根大学经济学家理查德·科廷表示，尽管到处都有寻求帮助的迹象，工资也在快速增长，但人们也对就业市场感到担忧。工人们可能已经更永久地取消了在大流行期间风险更大的工作，并且没有支付足够的工资来支付成本，因为工资增长仍然跟不上消费者价格上涨的步伐。许多人正在开辟新的道路——新企业的形成继续爆炸式增长——强化了劳动力短缺不是暂时的观点。</blockquote></p><p> What is the upshot for investors? “If consumer sentiment doesn’t quickly improve, it could be a signal of market weakness that would be sparked by disappointing earnings, weaker spending, and higher savings rates,” says Shalett.</p><p><blockquote>投资者的结局是什么？沙莱特表示：“如果消费者信心没有迅速改善，这可能是市场疲软的信号，而市场疲软将由令人失望的盈利、支出疲软和储蓄率上升引发。”</blockquote></p><p></p><p> There are places where a lasting labor shortage and waning consumer confidence intersect, she says, recommending that investors look for companies that have tapped into more resilient demand and are less dependent on labor. She prefers business-to-business companies over those that sell directly to consumers, and says the best places to stock-pick are in banking, energy, and industrials.</p><p><blockquote>她表示，在一些地方，持久的劳动力短缺和消费者信心减弱交织在一起，建议投资者寻找那些利用了更有弹性的需求且对劳动力依赖较少的公司。她更喜欢企业对企业的公司，而不是那些直接向消费者销售的公司，并表示选股的最佳地点是银行、能源和工业。</blockquote></p><p> Consumers’ current funk could be transitory. But the funk itself, and the reasons for it, send an ominous message that investors shouldn’t ignore.</p><p><blockquote>消费者目前的恐惧可能是暂时的。但这种恐惧本身及其原因发出了投资者不应忽视的不祥信息。</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>Consumer Confidence Is Falling. Why That’s Ominous for Stocks.<blockquote>消费者信心正在下降。为什么这对股票来说是不祥之兆。</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\">\nConsumer Confidence Is Falling. Why That’s Ominous for Stocks.<blockquote>消费者信心正在下降。为什么这对股票来说是不祥之兆。</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Barrons</strong><span class=\"h-time small\">2021-10-24 08:53</span>\n</p>\n</h4>\n</header>\n<article>\n<p>Consumers are sending worrisome signals that investors aren’t heeding. It’s time to pay attention.</p><p><blockquote>消费者发出了令人担忧的信号，但投资者没有注意到。是时候注意了。</blockquote></p><p> The stock market and consumer sentiment usually rise and fall in tandem. Take the past 18 months. Ultraloose global monetary policy, record levels of fiscal stimulus, and rising earnings forecasts have sent stocks to successive highs. The same stimulative forces, plus a pandemic that curtailed social activity, helped U.S. consumers amass more than $2 trillion in savings, even as the labor market tightened and wages climbed. Those stock market gains made consumers feel even more flush, and flush consumers made investors more bullish.</p><p><blockquote>股市和消费者情绪通常同步上涨和下跌。以过去18个月为例。超宽松的全球货币政策、创纪录水平的财政刺激以及不断上升的盈利预期推动股市连创新高。同样的刺激力量，加上限制社会活动的疫情，帮助美国消费者积累了超过2万亿美元的储蓄，尽管劳动力市场收紧、工资攀升。那些股市上涨让消费者感到更加富裕，而富裕的消费者让投资者更加看涨。</blockquote></p><p> Recently, though, the correlation has broken down. Consumers have become far less cheery while the stock market has marched higher, with the S&amp;P 500 index hitting an all-time high on Thursday. As Lisa Shalett, chief investment officer at Morgan Stanley Wealth Management, notes, the University of Michigan Consumer Sentiment index bounced up only slightly in September—to its March 2020 pandemic low—after dropping in August to the worst level since 2012. The Conference Board’s Consumer Confidence Index similarly tumbled.</p><p><blockquote>然而，最近这种相关性已经被打破。尽管股市走高，但消费者却变得不那么乐观，标普500指数周四创下历史新高。正如摩根士丹利财富管理公司首席投资官丽莎·沙莱特(Lisa Shalett)指出的那样，密歇根大学消费者信心指数在8月份跌至2012年以来的最差水平后，9月份仅小幅反弹，跌至2020年3月大流行期间的低点。世界大型企业联合会的消费者信心指数同样暴跌。</blockquote></p><p> The gap between those readings and the change in the stock market remains uncharacteristically wide, Shalett says. The difference between current readings and future expectations is also widening, suggesting that consumers don’t see their concerns as temporary. The confidence gap has persisted even as the latest wave of Covid-19 infections appears to have peaked, meaning there’s more to the story than the virus.</p><p><blockquote>沙莱特表示，这些读数与股市变化之间的差距仍然异常大。当前读数与未来预期之间的差异也在扩大，这表明消费者并不认为他们的担忧是暂时的。尽管最新一波新冠肺炎感染似乎已经达到顶峰，但信心差距仍然存在，这意味着故事不仅仅是病毒。</blockquote></p><p> So, who is right? Shalett leans toward the consumer’s view, and she’s not alone.</p><p><blockquote>那么，谁是对的呢？Shalett倾向于消费者的观点，而且她并不孤单。</blockquote></p><p> In a paper earlier this month, David Blanchflower, an economics professor at Dartmouth College and a former external member of the Bank of England’s monetary-policy committee, and Alex Bryson, a professor of quantitative social science at University College London, wrote about what they call “the economics of walking about.” The idea: that people on the ground possess information about economic trends based on their own experiences and the experiences of those they know, which allows them to assess future economic trends.</p><p><blockquote>在本月早些时候的一篇论文中，Dartmouth College经济学教授、英国央行货币政策委员会前外部成员David Blanchflower和University College London定量社会科学教授Alex Bryson写了他们看涨期权的“四处走动的经济学”。这个想法是：当地的人们根据他们自己的经验和他们认识的人的经验拥有关于经济趋势的信息，这使他们能够评估未来的经济趋势。</blockquote></p><p> Their conclusion: Economic shocks are hard to predict, but qualitative metrics about consumer expectations are predictive of downturns. They show that consumer-expectations indexes from both the University of Michigan and the Conference Board predict downturns up to 18 months in advance in the U.S. They find that all recessions since the 1980s have been predicted by at least 10-point drops in those indexes.</p><p><blockquote>他们的结论是：经济冲击很难预测，但消费者预期的定性指标可以预测经济衰退。他们显示，密歇根大学和世界大型企业联合会的消费者预期指数提前18个月预测美国经济将出现衰退。他们发现，自20世纪80年代以来的所有衰退都是由这些指数至少下降10个百分点来预测的。</blockquote></p><p> The Michigan gauge peaked in June 2021 and fell by 18 points by August, while the Conference Board measure peaked in March 2021 and then fell by 26 points through September 2021, say Blanchflower and Bryson. While they call the economic situation in 2021 “exceptional,” downshifts in consumer expectations in the past six months suggest that the U.S. economy is entering recession now, they say.</p><p><blockquote>Blanchflower和Bryson表示，密歇根州的指标在2021年6月达到峰值，到8月下降了18个百分点，而世界大型企业联合会的指标在2021年3月达到峰值，然后在2021年9月下降了26个百分点。他们表示，虽然他们看涨期权2021年的经济形势“异常”，但过去六个月消费者预期的下调表明美国经济现在正在进入衰退。</blockquote></p><p> “This is a bold call, and not consistent with consensus,” say Blanchflower and Bryson. “However, missing the declines in these variables in 2007, as most policy makers and economists did, proved fatal.”</p><p><blockquote>“这是一个大胆的看涨期权，与共识不一致，”布兰奇弗劳尔和布赖森说。“然而，正如大多数政策制定者和经济学家所做的那样，错过了2007年这些变量的下降，事实证明是致命的。”</blockquote></p><p> The reasons behind souring sentiment are at least as important as the decline itself. Surveys show that inflation is consumers’ top concern, even if the Federal Reserve continues to dismiss building pricing pressures.</p><p><blockquote>情绪恶化背后的原因至少与下跌本身一样重要。调查显示，通胀是消费者最关心的问题，即使美联储继续否认不断增加的定价压力。</blockquote></p><p> Consider retail sales, one series that Wall Street points to as evidence of buoyant consumers. Since March, when the last round of stimulus checks was sent, retail sales are up just 0.4%, while the consumer price index has risen 3.6%, notes Peter Boockvar, chief investment officer at Bleakley Advisory Group. “One can argue that all of the retail sales since March, and then some, is inflation and not volumes,” Boockvar says.</p><p><blockquote>以零售销售为例，华尔街认为这是消费者活跃的证据。Bleakley Advisory Group首席投资官Peter Boockvar指出，自3月份上一轮刺激支票发出以来，零售额仅增长了0.4%，而消费者价格指数则上涨了3.6%。“有人可能会说，自三月份以来的所有零售额以及部分零售额都是通货膨胀，而不是销量，”布克瓦尔说。</blockquote></p><p> Widespread shortages mean there is less to buy, but risk lies in assuming that demand is simply delayed. If consumers grow increasingly wary as they wait for cars, houses, and other items to become available—or affordable—potential consumption may be lost.</p><p><blockquote>普遍的短缺意味着可购买的商品减少，但风险在于假设需求只是被推迟。如果消费者在等待汽车、房子和其他物品变得可用或负担得起时变得越来越谨慎，潜在的消费可能会丧失。</blockquote></p><p> People are also worried about the job market, says University of Michigan economist Richard Curtin, despite ubiquitous help-wanted signs and fast wage growth. Workers may have written off more permanently jobs that became riskier during the pandemic and don’t pay enough to cover costs, as wage gains still haven’t kept pace with consumer price inflation. Many are forging new paths—new-business formation continues to explode—reinforcing the idea that the labor shortage isn’t so temporary.</p><p><blockquote>密歇根大学经济学家理查德·科廷表示，尽管到处都有寻求帮助的迹象，工资也在快速增长，但人们也对就业市场感到担忧。工人们可能已经更永久地取消了在大流行期间风险更大的工作，并且没有支付足够的工资来支付成本，因为工资增长仍然跟不上消费者价格上涨的步伐。许多人正在开辟新的道路——新企业的形成继续爆炸式增长——强化了劳动力短缺不是暂时的观点。</blockquote></p><p> What is the upshot for investors? “If consumer sentiment doesn’t quickly improve, it could be a signal of market weakness that would be sparked by disappointing earnings, weaker spending, and higher savings rates,” says Shalett.</p><p><blockquote>投资者的结局是什么？沙莱特表示：“如果消费者信心没有迅速改善，这可能是市场疲软的信号，而市场疲软将由令人失望的盈利、支出疲软和储蓄率上升引发。”</blockquote></p><p></p><p> There are places where a lasting labor shortage and waning consumer confidence intersect, she says, recommending that investors look for companies that have tapped into more resilient demand and are less dependent on labor. She prefers business-to-business companies over those that sell directly to consumers, and says the best places to stock-pick are in banking, energy, and industrials.</p><p><blockquote>她表示，在一些地方，持久的劳动力短缺和消费者信心减弱交织在一起，建议投资者寻找那些利用了更有弹性的需求且对劳动力依赖较少的公司。她更喜欢企业对企业的公司，而不是那些直接向消费者销售的公司，并表示选股的最佳地点是银行、能源和工业。</blockquote></p><p> Consumers’ current funk could be transitory. But the funk itself, and the reasons for it, send an ominous message that investors shouldn’t ignore.</p><p><blockquote>消费者目前的恐惧可能是暂时的。但这种恐惧本身及其原因发出了投资者不应忽视的不祥信息。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.barrons.com/articles/us-economy-stock-market-consumer-confidence-51634943248?mod=hp_LEAD_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":{".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index",".DJI":"道琼斯"},"source_url":"https://www.barrons.com/articles/us-economy-stock-market-consumer-confidence-51634943248?mod=hp_LEAD_1","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1197815871","content_text":"Consumers are sending worrisome signals that investors aren’t heeding. It’s time to pay attention.\nThe stock market and consumer sentiment usually rise and fall in tandem. Take the past 18 months. Ultraloose global monetary policy, record levels of fiscal stimulus, and rising earnings forecasts have sent stocks to successive highs. The same stimulative forces, plus a pandemic that curtailed social activity, helped U.S. consumers amass more than $2 trillion in savings, even as the labor market tightened and wages climbed. Those stock market gains made consumers feel even more flush, and flush consumers made investors more bullish.\nRecently, though, the correlation has broken down. Consumers have become far less cheery while the stock market has marched higher, with the S&P 500 index hitting an all-time high on Thursday. As Lisa Shalett, chief investment officer at Morgan Stanley Wealth Management, notes, the University of Michigan Consumer Sentiment index bounced up only slightly in September—to its March 2020 pandemic low—after dropping in August to the worst level since 2012. The Conference Board’s Consumer Confidence Index similarly tumbled.\nThe gap between those readings and the change in the stock market remains uncharacteristically wide, Shalett says. The difference between current readings and future expectations is also widening, suggesting that consumers don’t see their concerns as temporary. The confidence gap has persisted even as the latest wave of Covid-19 infections appears to have peaked, meaning there’s more to the story than the virus.\nSo, who is right? Shalett leans toward the consumer’s view, and she’s not alone.\nIn a paper earlier this month, David Blanchflower, an economics professor at Dartmouth College and a former external member of the Bank of England’s monetary-policy committee, and Alex Bryson, a professor of quantitative social science at University College London, wrote about what they call “the economics of walking about.” The idea: that people on the ground possess information about economic trends based on their own experiences and the experiences of those they know, which allows them to assess future economic trends.\nTheir conclusion: Economic shocks are hard to predict, but qualitative metrics about consumer expectations are predictive of downturns. They show that consumer-expectations indexes from both the University of Michigan and the Conference Board predict downturns up to 18 months in advance in the U.S. They find that all recessions since the 1980s have been predicted by at least 10-point drops in those indexes.\nThe Michigan gauge peaked in June 2021 and fell by 18 points by August, while the Conference Board measure peaked in March 2021 and then fell by 26 points through September 2021, say Blanchflower and Bryson. While they call the economic situation in 2021 “exceptional,” downshifts in consumer expectations in the past six months suggest that the U.S. economy is entering recession now, they say.\n“This is a bold call, and not consistent with consensus,” say Blanchflower and Bryson. “However, missing the declines in these variables in 2007, as most policy makers and economists did, proved fatal.”\nThe reasons behind souring sentiment are at least as important as the decline itself. Surveys show that inflation is consumers’ top concern, even if the Federal Reserve continues to dismiss building pricing pressures.\nConsider retail sales, one series that Wall Street points to as evidence of buoyant consumers. Since March, when the last round of stimulus checks was sent, retail sales are up just 0.4%, while the consumer price index has risen 3.6%, notes Peter Boockvar, chief investment officer at Bleakley Advisory Group. “One can argue that all of the retail sales since March, and then some, is inflation and not volumes,” Boockvar says.\nWidespread shortages mean there is less to buy, but risk lies in assuming that demand is simply delayed. If consumers grow increasingly wary as they wait for cars, houses, and other items to become available—or affordable—potential consumption may be lost.\nPeople are also worried about the job market, says University of Michigan economist Richard Curtin, despite ubiquitous help-wanted signs and fast wage growth. Workers may have written off more permanently jobs that became riskier during the pandemic and don’t pay enough to cover costs, as wage gains still haven’t kept pace with consumer price inflation. Many are forging new paths—new-business formation continues to explode—reinforcing the idea that the labor shortage isn’t so temporary.\nWhat is the upshot for investors? “If consumer sentiment doesn’t quickly improve, it could be a signal of market weakness that would be sparked by disappointing earnings, weaker spending, and higher savings rates,” says Shalett.\nThere are places where a lasting labor shortage and waning consumer confidence intersect, she says, recommending that investors look for companies that have tapped into more resilient demand and are less dependent on labor. She prefers business-to-business companies over those that sell directly to consumers, and says the best places to stock-pick are in banking, energy, and industrials.\nConsumers’ current funk could be transitory. But the funk itself, and the reasons for it, send an ominous message that investors shouldn’t ignore.","news_type":1,"symbols_score_info":{".IXIC":0.9,".SPX":0.9,".DJI":0.9}},"isVote":1,"tweetType":1,"viewCount":830,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":827678031,"gmtCreate":1634470493569,"gmtModify":1634470493825,"author":{"id":"4087442949550080","authorId":"4087442949550080","name":"Yuenyee","avatar":"https://static.tigerbbs.com/b7436f5c582213fe37305f2b9b1e9ab3","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4087442949550080","authorIdStr":"4087442949550080"},"themes":[],"htmlText":"👍","listText":"👍","text":"👍","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/827678031","repostId":"1108385230","repostType":4,"isVote":1,"tweetType":1,"viewCount":811,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":825786746,"gmtCreate":1634257897313,"gmtModify":1634274406429,"author":{"id":"4087442949550080","authorId":"4087442949550080","name":"Yuenyee","avatar":"https://static.tigerbbs.com/b7436f5c582213fe37305f2b9b1e9ab3","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4087442949550080","authorIdStr":"4087442949550080"},"themes":[],"htmlText":"Like pls","listText":"Like pls","text":"Like pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/825786746","repostId":"1109078113","repostType":4,"isVote":1,"tweetType":1,"viewCount":951,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":828244503,"gmtCreate":1633919682317,"gmtModify":1633919682439,"author":{"id":"4087442949550080","authorId":"4087442949550080","name":"Yuenyee","avatar":"https://static.tigerbbs.com/b7436f5c582213fe37305f2b9b1e9ab3","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4087442949550080","authorIdStr":"4087442949550080"},"themes":[],"htmlText":"👍","listText":"👍","text":"👍","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/828244503","repostId":"2174971913","repostType":4,"isVote":1,"tweetType":1,"viewCount":829,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":821129957,"gmtCreate":1633706867691,"gmtModify":1633706932094,"author":{"id":"4087442949550080","authorId":"4087442949550080","name":"Yuenyee","avatar":"https://static.tigerbbs.com/b7436f5c582213fe37305f2b9b1e9ab3","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4087442949550080","authorIdStr":"4087442949550080"},"themes":[],"htmlText":"👍","listText":"👍","text":"👍","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/821129957","repostId":"1133780035","repostType":4,"repost":{"id":"1133780035","kind":"news","pubTimestamp":1633704297,"share":"https://www.laohu8.com/m/news/1133780035?lang=zh_CN&edition=full","pubTime":"2021-10-08 22:44","market":"us","language":"en","title":"6 reasons this is a fresh multiyear bull market and 6 stocks in the surprising sector you should favor<blockquote>这是一个新的多年牛市的6个原因以及您应该青睐的令人惊讶的行业中的6只股票</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1133780035","media":"MarketWatch","summary":"Stock-market pessimism and excess consumer buying power point to retail stocks.\n\nNothing like a litt","content":"<p>  <b>Stock-market pessimism and excess consumer buying power point to retail stocks.</b>  Nothing like a little October turbulence to help the market’s weak hands get in touch with their inner bears.</p><p><blockquote><b>股市悲观情绪和消费者过度购买给零售股带来了动力。</b>没有什么比十月的一点动荡更能帮助市场的弱者与内心的空头取得联系了。</blockquote></p><p> But don’t let their negativity rub off on you. We’re still near the beginning of what will be a multiyear bull market. Here are six reasons to buy stocks now, and six names to consider in one of the best sectors to own at the moment.</p><p><blockquote>但是不要让他们的消极影响到你。我们仍接近多年牛市的开始。以下是现在购买股票的六个理由，以及目前最值得考虑的行业之一的六个名字。</blockquote></p><p> <b>1. Sentiment has gotten bearish enough</b></p><p><blockquote><b>1.情绪已经变得足够悲观</b></blockquote></p><p> I regularly track investor sentiment in my stock letter (details and link in bio below) to make contrarian “calls” on the market. While most of your money should be in long-term holdings, timing entries when most people are bearish gives you an edge. That is the case now. Sentiment is not extremely negative, but it fell enough this week to trigger a buy signal in my system.</p><p><blockquote>我定期在我的股票信中跟踪投资者情绪（详细信息和链接见下面的简历），以在市场上进行逆向“评级”。虽然你的大部分资金应该长期持有，但在大多数人看跌的时候入场会给你带来优势。现在就是这样。情绪并不是极其负面，但本周下跌足以在我的系统中触发买入信号。</blockquote></p><p> It’s also worth pointing out that major media figures turned pretty negative this week, another good contrarian signal. (I won’t name names.) And the fact that their negativity is a bullish signal in my book doesn’t mean I think they are dense. It’s just that high-profile media commentators are consensus sponges. It’s an occupational hazard – which we can use to our advantage as investors.</p><p><blockquote>还值得指出的是，主要媒体数据本周变得相当负面，这是另一个良好的逆向信号。（我就不指名道姓了。）而他们的消极在我的书里是看涨信号的事实，并不意味着我认为他们是密集的。只是高调的媒体评论员是共识海绵。这是一种职业危害——作为投资者，我们可以利用这一点。</blockquote></p><p> Pick your favorite popular financial media talking heads, then do the opposite whenever they turn consistently negative — or positive.</p><p><blockquote>挑选你最喜欢的流行财经媒体发言人，然后在他们持续消极或积极时反其道而行之。</blockquote></p><p> <b>2. Seasonality is in our favor</b></p><p><blockquote><b>2.季节性对我们有利</b></blockquote></p><p> The worst month for stocks is October, and the weakest days are Oct. 10 and Oct. 11. Then this bleak month is followed by the seasonally strong January-May phase when the market is bolstered by new money coming in. In between, November and December can be strong as stocks rebound from October weakness and the end of the mutual-fund tax-loss selling season. That’s finished at the end of October.</p><p><blockquote>股市最糟糕的月份是10月，最疲软的日子是10月10日和10月11日。然后，这个惨淡的月份之后是季节性强劲的1月至5月阶段，此时市场受到新资金流入的支撑。在此期间，随着股市从10月份的疲软中反弹以及共同基金税收损失销售季节的结束，11月和12月可能会表现强劲。那是十月底完成的。</blockquote></p><p> <b>3. COVID is rolling over</b></p><p><blockquote><b>3.新冠疫情正在蔓延</b></blockquote></p><p> It’s no secret that case counts and hospitalizations are down sharply. Last year, the cold weather did not usher in a winter COVID flu season. So, it’s not too crazy to expect the same thing this year, especially given all the people who have been vaccinated or infected. Reopening will help boost the economy.</p><p><blockquote>众所周知，病例数和住院人数急剧下降。去年，寒冷的天气并没有迎来冬季COVID流感季节。所以，今年期待同样的事情并不太疯狂，尤其是考虑到所有已经接种疫苗或被感染的人。重新开放将有助于提振经济。</blockquote></p><p> <b>4. A correction may have already happened</b></p><p><blockquote><b>4.修正可能已经发生</b></blockquote></p><p> Since the summer, the market has experienced rolling corrections in various sectors. The Russell 2000RUT,+0.14%was down over 10% in August, the definition of a correction. Cyclicals, retail, tech and so forth have all been hit. As of early October, 90% or more of S&amp;P 500SPX,-0.05%and NasdaqCOMP,-0.28%stocks had fallen at least 10% from 2021 highs, notes Liz Ann Sonders, chief investment strategist at Charles SchwabSCHW,+1.47%.</p><p><blockquote>入夏以来，市场经历了各板块的滚动回调。罗素2000RUT,+0.14%8月份下跌超过10%，这是回调的定义。周期性、零售、科技等都受到了打击。嘉信理财首席投资策略师Liz Ann Sonders指出，截至10月初，90%或更多的标准普尔500SPX(-0.05%)和纳斯达克综合指数(-0.28%)股票已较2021年高点下跌至少10%，+1.47%。</blockquote></p><p> In other words, while everyone was looking for a correction, it may have already happened. The market has a funny way of tricking most people most of the time, this way.</p><p><blockquote>换句话说，当所有人都在寻找修正时，它可能已经发生了。大多数时候，市场有一种有趣的方式来欺骗大多数人，就是这种方式。</blockquote></p><p> <b>5. There’s been strong household formation</b></p><p><blockquote><b>5.家庭结构强劲</b></blockquote></p><p> Millennials are finally giving up on the parents’ basement – if there was ever any truth to that cliché.</p><p><blockquote>千禧一代终于放弃了父母的地下室——如果这种陈词滥调有任何真实性的话。</blockquote></p><p> What is true: They’re entering the prime age for marriage and family. Plus, the economy is booming so they feel confident enough to make the plunge into homeownership.</p><p><blockquote>事实是：他们正在进入婚姻和家庭的黄金年龄。此外，经济正在蓬勃发展，所以他们有足够的信心投入到住房所有权。</blockquote></p><p> The upshot: Household formation is now at about two million per year, more than double the rate for the past five years. Home buyers have to purchase a lot of stuff to fill up those new houses. That’s a built-in economy booster.</p><p><blockquote>结果是：现在每年大约有200万个家庭组成，是过去五年的两倍多。购房者不得不购买很多东西来填满这些新房子。这是一个内置的经济助推器。</blockquote></p><p> <b>6. The consumer is scared, locked and loaded</b></p><p><blockquote><b>6.消费者害怕，锁定和装载</b></blockquote></p><p> There are at least a half-dozen natural sources of stimulus in the economy ready to drive growth whether the Fed tapers or not, points out Jim Paulsen, an economist and strategist at Leuthold Group. One is that household formation, mentioned above. Another is the low level of inventories at companies – which have to restock big time. But to me, the big one is the consumer, simply because consumer spending is the big driver of our economy.</p><p><blockquote>Leuthold Group经济学家兼策略师吉姆·保尔森(Jim Paulsen)指出，无论美联储是否缩减规模，经济中至少有六种自然刺激来源可以推动经济增长。一个是上面提到的家庭结构。另一个原因是公司库存水平较低——它们必须大量补货。但对我来说，最大的因素是消费者，因为消费者支出是我们经济的主要驱动力。</blockquote></p><p> The bottom line: Consumer are scared. But they have a ton of buying power to tap when their anxieties ease — perhaps as COVID continues to roll over.</p><p><blockquote>底线是：消费者感到害怕。但当他们的焦虑缓解时，他们有大量的购买力可以利用——也许是随着新冠疫情的继续蔓延。</blockquote></p><p> Now a little more detail.August consumer sentimentwas at the lowest level since the pandemic began, as measured by the University of Michigan index of consumer sentiment. Itnudged up in September, but it is still low.</p><p><blockquote>现在更多细节。根据密歇根大学消费者信心指数衡量，8月份消费者信心处于大流行开始以来的最低水平。9月份有所上升，但仍处于低位。</blockquote></p><p> At the same time, consumers have a tremendous amount of buying power. Personal savings are at about 12% of GDP. That’s twice the longer-term average of around 6%-7%, notes Paulsen. Net worth compared to income is at record highs.</p><p><blockquote>与此同时，消费者拥有巨大的购买力。个人储蓄约占GDP的12%。保尔森指出，这是6%-7%左右的长期平均水平的两倍。净资产与收入相比创历史新高。</blockquote></p><p> Don’t make the mistake of thinking that’s just the rich getting richer because of the stock market. Homes are up a lot too, and most people own homes. The ratio of household debt to personal income is the lowest since 1985.</p><p><blockquote>不要错误地认为这只是富人因为股市而变得更富。房价也涨了很多，大多数人都有自己的房子。家庭债务与个人收入之比为1985年以来最低。</blockquote></p><p></p><p> “Consumers are scared and loaded with untapped buying power,” says Paulsen. “This pessimistic mindset combined with the excess buying power has historically produced solid market gains with infrequent declines,” he says. “This ratio portrays a bull market that is still in its infancy.”</p><p><blockquote>“消费者感到害怕，并且充满了未开发的购买力，”保尔森说。他表示：“这种悲观心态加上购买力过剩，从历史上看，市场出现了稳健的上涨，但很少出现下跌。”“这个比率描绘了一个仍处于起步阶段的牛市。”</blockquote></p><p> <b>S</b><b><b>tocks</b></b><b>&nbsp;to buy</b></p><p><blockquote><b>S</b><b><b>托克斯</b></b><b>购买</b></blockquote></p><p> Since the consumer is such a big part of this dynamic, I say go with retail stocks. They’ve been underperforming, which also makes them look attractive.</p><p><blockquote>由于消费者是这种动态的重要组成部分，我建议选择零售股。他们表现不佳，这也让他们看起来很有吸引力。</blockquote></p><p> Morningstar cites Bath &amp; Body WorksBBWI,-0.74%as a retailer with a moat and trading at a discount. The body care and home fragrance retailer has a four-star rating because its stock is trading so far below Morningstar’s “fair value” estimate of $79 for the name.</p><p><blockquote>晨星公司将Bath&amp;Body WorksBBWI,-0.74%视为一家拥有护城河且交易折扣的零售商。这家身体护理和家用香水零售商获得四星级评级，因为其股票交易价格远低于晨星公司对该名称79美元的“公允价值”估计。</blockquote></p><p> As for the moat, analyst Jaime Katz cites the company’s strong brand, its leadership position in its space, and the 30% average return on invested capital, well above its 8% weighted average cost of capital.</p><p><blockquote>至于护城河，分析师Jaime Katz列举了该公司强大的品牌、在该领域的领导地位以及30%的平均投资资本回报率，远高于其8%的加权平均资本成本。</blockquote></p><p> Eric Marshall, a portfolio manager at the Hodges Small Cap fundHDPSX,+1.83%,likes the apparel retailer American Eagle OutfittersAEO,0.36%,which is down over 35% from highs this year. The company posted record revenue of $1.19 billion in the second quarter, up 35% year over year.</p><p><blockquote>Hodges Small Cap fundHDPSX(+1.83%)的投资组合经理埃里克·马歇尔(Eric Marshall)看好服装零售商American Eagle OutfittersAEO(0.36%)，该股较今年高点下跌了35%以上。该公司第二季度营收达到创纪录的11.9亿美元，同比增长35%。</blockquote></p><p> The core growth driver is its popular Aerie brand. Marshall thinks the company will earn over $2 a share this year, which makes American Eagle stock a bargain at around 13 times forward earnings.</p><p><blockquote>核心增长动力是其广受欢迎的Aerie品牌。马歇尔认为该公司今年每股收益将超过2美元，这使得American Eagle股票的预期市盈率约为13倍，非常便宜。</blockquote></p><p> Marshall is worth listening to because he has a hot hand. His Hodges small-cap fund is up 31% this year, beating its small blend category and Russell 2000 index benchmark by 12 to 18 percentage points, according to Morningstar.</p><p><blockquote>马歇尔值得一听，因为他有一双热情的手。据晨星公司称，他的Hodges小型股基金今年上涨了31%，比小型混合基金和罗素2000指数基准高出12至18个百分点。</blockquote></p><p> Marshall also likes Academy Sports and OutdoorsASO,-0.91%,which sells sports and outdoor recreation&nbsp;goods. The pandemic was a windfall for this company because of the popularity of outdoor activities. Strong pandemic sales helped the company chip away at its high debt levels. Analysts are worried the pandemic-inspired popularity of outdoor activities will wane, but Marshall thinks the outdoor lifestyle will stay in vogue.</p><p><blockquote>马歇尔还喜欢Academy Sports and OutdoorsASO,-0.91%，该公司销售运动和户外休闲用品。由于户外活动的流行，疫情对这家公司来说是一笔意外之财。强劲的大流行销售帮助该公司降低了高债务水平。分析师担心大流行引发的户外活动的受欢迎程度将会减弱，但马歇尔认为户外生活方式将继续流行。</blockquote></p><p> While many retail sector investors are awed by the power of Amazon.comAMZN,0.03%and WalmartWMT,0.03%,Motley Fool retail sector analyst Asit Sharma favors niche chains that have mastered the “direct to consumer” sales model. They offer great stores and solid products, but also the mix of delivery options that shoppers want – including in-store pickup of items bought online.</p><p><blockquote>虽然许多零售行业投资者对亚马逊MAMZN(0.03%)和沃尔玛WMT(0.03%)的力量感到敬畏，但Motley Fool零售行业分析师Asit Sharma更青睐掌握“直接面向消费者”销售模式的利基连锁店。他们提供很棒的商店和可靠的产品，但也提供购物者想要的送货选择组合——包括在店内提货网上购买的商品。</blockquote></p><p> “The retail sector gets a perennial bad rap because everyone is focused on yesterday’s story, that Amazon and Walmart are taking out all physical stores,” says Sharma. But that’s not the case. Many retailers provide a mix of excellent in-store experiences and unique products that the two retail giants can’t really offer.</p><p><blockquote>夏尔马说：“零售业常年受到负面评价，因为每个人都在关注昨天的故事，即亚马逊和沃尔玛正在关闭所有实体店。”但事实并非如此。许多零售商提供出色的店内体验和独特的产品，这是这两家零售巨头无法真正提供的。</blockquote></p><p> Here, Sharma cites Lululemon AthleticaLULU,-0.88%.“We love the fact that the company spends on its own research and development innovation on the fabric side.” Stores give consumers a chance to check out the custom fabrics in person.</p><p><blockquote>在这里，Sharma引用了Lululemon AthleticaLULU，-0.88%。“我们喜欢该公司在面料方面投入自己的研发创新。”商店给消费者一个亲自检查定制面料的机会。</blockquote></p><p> Sharma also favors Yeti HoldingsYETI,-1.92%,which sells coolers, “drinkware” and outdoor equipment. For a larger cap name, consider the popular retail giant TargetTGT,-0.24%for its “everything under one roof” approach to retail.</p><p><blockquote>夏尔马还青睐Yeti HoldingsYETI，-1.92%，该公司销售冷却器、“饮品”和户外设备。对于较大的股票名称，请考虑受欢迎的零售巨头TargetTGT，-0.24%，因其“一切都在一个屋檐下”的零售方式。</blockquote></p><p></p>","source":"lsy1603348471595","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>6 reasons this is a fresh multiyear bull market and 6 stocks in the surprising sector you should favor<blockquote>这是一个新的多年牛市的6个原因以及您应该青睐的令人惊讶的行业中的6只股票</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n6 reasons this is a fresh multiyear bull market and 6 stocks in the surprising sector you should favor<blockquote>这是一个新的多年牛市的6个原因以及您应该青睐的令人惊讶的行业中的6只股票</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">MarketWatch</strong><span class=\"h-time small\">2021-10-08 22:44</span>\n</p>\n</h4>\n</header>\n<article>\n<p>  <b>Stock-market pessimism and excess consumer buying power point to retail stocks.</b>  Nothing like a little October turbulence to help the market’s weak hands get in touch with their inner bears.</p><p><blockquote><b>股市悲观情绪和消费者过度购买给零售股带来了动力。</b>没有什么比十月的一点动荡更能帮助市场的弱者与内心的空头取得联系了。</blockquote></p><p> But don’t let their negativity rub off on you. We’re still near the beginning of what will be a multiyear bull market. Here are six reasons to buy stocks now, and six names to consider in one of the best sectors to own at the moment.</p><p><blockquote>但是不要让他们的消极影响到你。我们仍接近多年牛市的开始。以下是现在购买股票的六个理由，以及目前最值得考虑的行业之一的六个名字。</blockquote></p><p> <b>1. Sentiment has gotten bearish enough</b></p><p><blockquote><b>1.情绪已经变得足够悲观</b></blockquote></p><p> I regularly track investor sentiment in my stock letter (details and link in bio below) to make contrarian “calls” on the market. While most of your money should be in long-term holdings, timing entries when most people are bearish gives you an edge. That is the case now. Sentiment is not extremely negative, but it fell enough this week to trigger a buy signal in my system.</p><p><blockquote>我定期在我的股票信中跟踪投资者情绪（详细信息和链接见下面的简历），以在市场上进行逆向“评级”。虽然你的大部分资金应该长期持有，但在大多数人看跌的时候入场会给你带来优势。现在就是这样。情绪并不是极其负面，但本周下跌足以在我的系统中触发买入信号。</blockquote></p><p> It’s also worth pointing out that major media figures turned pretty negative this week, another good contrarian signal. (I won’t name names.) And the fact that their negativity is a bullish signal in my book doesn’t mean I think they are dense. It’s just that high-profile media commentators are consensus sponges. It’s an occupational hazard – which we can use to our advantage as investors.</p><p><blockquote>还值得指出的是，主要媒体数据本周变得相当负面，这是另一个良好的逆向信号。（我就不指名道姓了。）而他们的消极在我的书里是看涨信号的事实，并不意味着我认为他们是密集的。只是高调的媒体评论员是共识海绵。这是一种职业危害——作为投资者，我们可以利用这一点。</blockquote></p><p> Pick your favorite popular financial media talking heads, then do the opposite whenever they turn consistently negative — or positive.</p><p><blockquote>挑选你最喜欢的流行财经媒体发言人，然后在他们持续消极或积极时反其道而行之。</blockquote></p><p> <b>2. Seasonality is in our favor</b></p><p><blockquote><b>2.季节性对我们有利</b></blockquote></p><p> The worst month for stocks is October, and the weakest days are Oct. 10 and Oct. 11. Then this bleak month is followed by the seasonally strong January-May phase when the market is bolstered by new money coming in. In between, November and December can be strong as stocks rebound from October weakness and the end of the mutual-fund tax-loss selling season. That’s finished at the end of October.</p><p><blockquote>股市最糟糕的月份是10月，最疲软的日子是10月10日和10月11日。然后，这个惨淡的月份之后是季节性强劲的1月至5月阶段，此时市场受到新资金流入的支撑。在此期间，随着股市从10月份的疲软中反弹以及共同基金税收损失销售季节的结束，11月和12月可能会表现强劲。那是十月底完成的。</blockquote></p><p> <b>3. COVID is rolling over</b></p><p><blockquote><b>3.新冠疫情正在蔓延</b></blockquote></p><p> It’s no secret that case counts and hospitalizations are down sharply. Last year, the cold weather did not usher in a winter COVID flu season. So, it’s not too crazy to expect the same thing this year, especially given all the people who have been vaccinated or infected. Reopening will help boost the economy.</p><p><blockquote>众所周知，病例数和住院人数急剧下降。去年，寒冷的天气并没有迎来冬季COVID流感季节。所以，今年期待同样的事情并不太疯狂，尤其是考虑到所有已经接种疫苗或被感染的人。重新开放将有助于提振经济。</blockquote></p><p> <b>4. A correction may have already happened</b></p><p><blockquote><b>4.修正可能已经发生</b></blockquote></p><p> Since the summer, the market has experienced rolling corrections in various sectors. The Russell 2000RUT,+0.14%was down over 10% in August, the definition of a correction. Cyclicals, retail, tech and so forth have all been hit. As of early October, 90% or more of S&amp;P 500SPX,-0.05%and NasdaqCOMP,-0.28%stocks had fallen at least 10% from 2021 highs, notes Liz Ann Sonders, chief investment strategist at Charles SchwabSCHW,+1.47%.</p><p><blockquote>入夏以来，市场经历了各板块的滚动回调。罗素2000RUT,+0.14%8月份下跌超过10%，这是回调的定义。周期性、零售、科技等都受到了打击。嘉信理财首席投资策略师Liz Ann Sonders指出，截至10月初，90%或更多的标准普尔500SPX(-0.05%)和纳斯达克综合指数(-0.28%)股票已较2021年高点下跌至少10%，+1.47%。</blockquote></p><p> In other words, while everyone was looking for a correction, it may have already happened. The market has a funny way of tricking most people most of the time, this way.</p><p><blockquote>换句话说，当所有人都在寻找修正时，它可能已经发生了。大多数时候，市场有一种有趣的方式来欺骗大多数人，就是这种方式。</blockquote></p><p> <b>5. There’s been strong household formation</b></p><p><blockquote><b>5.家庭结构强劲</b></blockquote></p><p> Millennials are finally giving up on the parents’ basement – if there was ever any truth to that cliché.</p><p><blockquote>千禧一代终于放弃了父母的地下室——如果这种陈词滥调有任何真实性的话。</blockquote></p><p> What is true: They’re entering the prime age for marriage and family. Plus, the economy is booming so they feel confident enough to make the plunge into homeownership.</p><p><blockquote>事实是：他们正在进入婚姻和家庭的黄金年龄。此外，经济正在蓬勃发展，所以他们有足够的信心投入到住房所有权。</blockquote></p><p> The upshot: Household formation is now at about two million per year, more than double the rate for the past five years. Home buyers have to purchase a lot of stuff to fill up those new houses. That’s a built-in economy booster.</p><p><blockquote>结果是：现在每年大约有200万个家庭组成，是过去五年的两倍多。购房者不得不购买很多东西来填满这些新房子。这是一个内置的经济助推器。</blockquote></p><p> <b>6. The consumer is scared, locked and loaded</b></p><p><blockquote><b>6.消费者害怕，锁定和装载</b></blockquote></p><p> There are at least a half-dozen natural sources of stimulus in the economy ready to drive growth whether the Fed tapers or not, points out Jim Paulsen, an economist and strategist at Leuthold Group. One is that household formation, mentioned above. Another is the low level of inventories at companies – which have to restock big time. But to me, the big one is the consumer, simply because consumer spending is the big driver of our economy.</p><p><blockquote>Leuthold Group经济学家兼策略师吉姆·保尔森(Jim Paulsen)指出，无论美联储是否缩减规模，经济中至少有六种自然刺激来源可以推动经济增长。一个是上面提到的家庭结构。另一个原因是公司库存水平较低——它们必须大量补货。但对我来说，最大的因素是消费者，因为消费者支出是我们经济的主要驱动力。</blockquote></p><p> The bottom line: Consumer are scared. But they have a ton of buying power to tap when their anxieties ease — perhaps as COVID continues to roll over.</p><p><blockquote>底线是：消费者感到害怕。但当他们的焦虑缓解时，他们有大量的购买力可以利用——也许是随着新冠疫情的继续蔓延。</blockquote></p><p> Now a little more detail.August consumer sentimentwas at the lowest level since the pandemic began, as measured by the University of Michigan index of consumer sentiment. Itnudged up in September, but it is still low.</p><p><blockquote>现在更多细节。根据密歇根大学消费者信心指数衡量，8月份消费者信心处于大流行开始以来的最低水平。9月份有所上升，但仍处于低位。</blockquote></p><p> At the same time, consumers have a tremendous amount of buying power. Personal savings are at about 12% of GDP. That’s twice the longer-term average of around 6%-7%, notes Paulsen. Net worth compared to income is at record highs.</p><p><blockquote>与此同时，消费者拥有巨大的购买力。个人储蓄约占GDP的12%。保尔森指出，这是6%-7%左右的长期平均水平的两倍。净资产与收入相比创历史新高。</blockquote></p><p> Don’t make the mistake of thinking that’s just the rich getting richer because of the stock market. Homes are up a lot too, and most people own homes. The ratio of household debt to personal income is the lowest since 1985.</p><p><blockquote>不要错误地认为这只是富人因为股市而变得更富。房价也涨了很多，大多数人都有自己的房子。家庭债务与个人收入之比为1985年以来最低。</blockquote></p><p></p><p> “Consumers are scared and loaded with untapped buying power,” says Paulsen. “This pessimistic mindset combined with the excess buying power has historically produced solid market gains with infrequent declines,” he says. “This ratio portrays a bull market that is still in its infancy.”</p><p><blockquote>“消费者感到害怕，并且充满了未开发的购买力，”保尔森说。他表示：“这种悲观心态加上购买力过剩，从历史上看，市场出现了稳健的上涨，但很少出现下跌。”“这个比率描绘了一个仍处于起步阶段的牛市。”</blockquote></p><p> <b>S</b><b><b>tocks</b></b><b>&nbsp;to buy</b></p><p><blockquote><b>S</b><b><b>托克斯</b></b><b>购买</b></blockquote></p><p> Since the consumer is such a big part of this dynamic, I say go with retail stocks. They’ve been underperforming, which also makes them look attractive.</p><p><blockquote>由于消费者是这种动态的重要组成部分，我建议选择零售股。他们表现不佳，这也让他们看起来很有吸引力。</blockquote></p><p> Morningstar cites Bath &amp; Body WorksBBWI,-0.74%as a retailer with a moat and trading at a discount. The body care and home fragrance retailer has a four-star rating because its stock is trading so far below Morningstar’s “fair value” estimate of $79 for the name.</p><p><blockquote>晨星公司将Bath&amp;Body WorksBBWI,-0.74%视为一家拥有护城河且交易折扣的零售商。这家身体护理和家用香水零售商获得四星级评级，因为其股票交易价格远低于晨星公司对该名称79美元的“公允价值”估计。</blockquote></p><p> As for the moat, analyst Jaime Katz cites the company’s strong brand, its leadership position in its space, and the 30% average return on invested capital, well above its 8% weighted average cost of capital.</p><p><blockquote>至于护城河，分析师Jaime Katz列举了该公司强大的品牌、在该领域的领导地位以及30%的平均投资资本回报率，远高于其8%的加权平均资本成本。</blockquote></p><p> Eric Marshall, a portfolio manager at the Hodges Small Cap fundHDPSX,+1.83%,likes the apparel retailer American Eagle OutfittersAEO,0.36%,which is down over 35% from highs this year. The company posted record revenue of $1.19 billion in the second quarter, up 35% year over year.</p><p><blockquote>Hodges Small Cap fundHDPSX(+1.83%)的投资组合经理埃里克·马歇尔(Eric Marshall)看好服装零售商American Eagle OutfittersAEO(0.36%)，该股较今年高点下跌了35%以上。该公司第二季度营收达到创纪录的11.9亿美元，同比增长35%。</blockquote></p><p> The core growth driver is its popular Aerie brand. Marshall thinks the company will earn over $2 a share this year, which makes American Eagle stock a bargain at around 13 times forward earnings.</p><p><blockquote>核心增长动力是其广受欢迎的Aerie品牌。马歇尔认为该公司今年每股收益将超过2美元，这使得American Eagle股票的预期市盈率约为13倍，非常便宜。</blockquote></p><p> Marshall is worth listening to because he has a hot hand. His Hodges small-cap fund is up 31% this year, beating its small blend category and Russell 2000 index benchmark by 12 to 18 percentage points, according to Morningstar.</p><p><blockquote>马歇尔值得一听，因为他有一双热情的手。据晨星公司称，他的Hodges小型股基金今年上涨了31%，比小型混合基金和罗素2000指数基准高出12至18个百分点。</blockquote></p><p> Marshall also likes Academy Sports and OutdoorsASO,-0.91%,which sells sports and outdoor recreation&nbsp;goods. The pandemic was a windfall for this company because of the popularity of outdoor activities. Strong pandemic sales helped the company chip away at its high debt levels. Analysts are worried the pandemic-inspired popularity of outdoor activities will wane, but Marshall thinks the outdoor lifestyle will stay in vogue.</p><p><blockquote>马歇尔还喜欢Academy Sports and OutdoorsASO,-0.91%，该公司销售运动和户外休闲用品。由于户外活动的流行，疫情对这家公司来说是一笔意外之财。强劲的大流行销售帮助该公司降低了高债务水平。分析师担心大流行引发的户外活动的受欢迎程度将会减弱，但马歇尔认为户外生活方式将继续流行。</blockquote></p><p> While many retail sector investors are awed by the power of Amazon.comAMZN,0.03%and WalmartWMT,0.03%,Motley Fool retail sector analyst Asit Sharma favors niche chains that have mastered the “direct to consumer” sales model. They offer great stores and solid products, but also the mix of delivery options that shoppers want – including in-store pickup of items bought online.</p><p><blockquote>虽然许多零售行业投资者对亚马逊MAMZN(0.03%)和沃尔玛WMT(0.03%)的力量感到敬畏，但Motley Fool零售行业分析师Asit Sharma更青睐掌握“直接面向消费者”销售模式的利基连锁店。他们提供很棒的商店和可靠的产品，但也提供购物者想要的送货选择组合——包括在店内提货网上购买的商品。</blockquote></p><p> “The retail sector gets a perennial bad rap because everyone is focused on yesterday’s story, that Amazon and Walmart are taking out all physical stores,” says Sharma. But that’s not the case. Many retailers provide a mix of excellent in-store experiences and unique products that the two retail giants can’t really offer.</p><p><blockquote>夏尔马说：“零售业常年受到负面评价，因为每个人都在关注昨天的故事，即亚马逊和沃尔玛正在关闭所有实体店。”但事实并非如此。许多零售商提供出色的店内体验和独特的产品，这是这两家零售巨头无法真正提供的。</blockquote></p><p> Here, Sharma cites Lululemon AthleticaLULU,-0.88%.“We love the fact that the company spends on its own research and development innovation on the fabric side.” Stores give consumers a chance to check out the custom fabrics in person.</p><p><blockquote>在这里，Sharma引用了Lululemon AthleticaLULU，-0.88%。“我们喜欢该公司在面料方面投入自己的研发创新。”商店给消费者一个亲自检查定制面料的机会。</blockquote></p><p> Sharma also favors Yeti HoldingsYETI,-1.92%,which sells coolers, “drinkware” and outdoor equipment. For a larger cap name, consider the popular retail giant TargetTGT,-0.24%for its “everything under one roof” approach to retail.</p><p><blockquote>夏尔马还青睐Yeti HoldingsYETI，-1.92%，该公司销售冷却器、“饮品”和户外设备。对于较大的股票名称，请考虑受欢迎的零售巨头TargetTGT，-0.24%，因其“一切都在一个屋檐下”的零售方式。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.marketwatch.com/story/6-reasons-this-is-a-fresh-multiyear-bull-market-and-6-stocks-in-the-surprising-sector-you-should-favor-11633701844?siteid=yhoof2\">MarketWatch</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite",".DJI":"道琼斯",".SPX":"S&P 500 Index","SPY":"标普500ETF"},"source_url":"https://www.marketwatch.com/story/6-reasons-this-is-a-fresh-multiyear-bull-market-and-6-stocks-in-the-surprising-sector-you-should-favor-11633701844?siteid=yhoof2","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1133780035","content_text":"Stock-market pessimism and excess consumer buying power point to retail stocks.\n\nNothing like a little October turbulence to help the market’s weak hands get in touch with their inner bears.\nBut don’t let their negativity rub off on you. We’re still near the beginning of what will be a multiyear bull market. Here are six reasons to buy stocks now, and six names to consider in one of the best sectors to own at the moment.\n1. Sentiment has gotten bearish enough\nI regularly track investor sentiment in my stock letter (details and link in bio below) to make contrarian “calls” on the market. While most of your money should be in long-term holdings, timing entries when most people are bearish gives you an edge. That is the case now. Sentiment is not extremely negative, but it fell enough this week to trigger a buy signal in my system.\nIt’s also worth pointing out that major media figures turned pretty negative this week, another good contrarian signal. (I won’t name names.) And the fact that their negativity is a bullish signal in my book doesn’t mean I think they are dense. It’s just that high-profile media commentators are consensus sponges. It’s an occupational hazard – which we can use to our advantage as investors.\nPick your favorite popular financial media talking heads, then do the opposite whenever they turn consistently negative — or positive.\n2. Seasonality is in our favor\nThe worst month for stocks is October, and the weakest days are Oct. 10 and Oct. 11. Then this bleak month is followed by the seasonally strong January-May phase when the market is bolstered by new money coming in. In between, November and December can be strong as stocks rebound from October weakness and the end of the mutual-fund tax-loss selling season. That’s finished at the end of October.\n3. COVID is rolling over\nIt’s no secret that case counts and hospitalizations are down sharply. Last year, the cold weather did not usher in a winter COVID flu season. So, it’s not too crazy to expect the same thing this year, especially given all the people who have been vaccinated or infected. Reopening will help boost the economy.\n4. A correction may have already happened\nSince the summer, the market has experienced rolling corrections in various sectors. The Russell 2000RUT,+0.14%was down over 10% in August, the definition of a correction. Cyclicals, retail, tech and so forth have all been hit. As of early October, 90% or more of S&P 500SPX,-0.05%and NasdaqCOMP,-0.28%stocks had fallen at least 10% from 2021 highs, notes Liz Ann Sonders, chief investment strategist at Charles SchwabSCHW,+1.47%.\nIn other words, while everyone was looking for a correction, it may have already happened. The market has a funny way of tricking most people most of the time, this way.\n5. There’s been strong household formation\nMillennials are finally giving up on the parents’ basement – if there was ever any truth to that cliché.\nWhat is true: They’re entering the prime age for marriage and family. Plus, the economy is booming so they feel confident enough to make the plunge into homeownership.\nThe upshot: Household formation is now at about two million per year, more than double the rate for the past five years. Home buyers have to purchase a lot of stuff to fill up those new houses. That’s a built-in economy booster.\n6. The consumer is scared, locked and loaded\nThere are at least a half-dozen natural sources of stimulus in the economy ready to drive growth whether the Fed tapers or not, points out Jim Paulsen, an economist and strategist at Leuthold Group. One is that household formation, mentioned above. Another is the low level of inventories at companies – which have to restock big time. But to me, the big one is the consumer, simply because consumer spending is the big driver of our economy.\nThe bottom line: Consumer are scared. But they have a ton of buying power to tap when their anxieties ease — perhaps as COVID continues to roll over.\nNow a little more detail.August consumer sentimentwas at the lowest level since the pandemic began, as measured by the University of Michigan index of consumer sentiment. Itnudged up in September, but it is still low.\nAt the same time, consumers have a tremendous amount of buying power. Personal savings are at about 12% of GDP. That’s twice the longer-term average of around 6%-7%, notes Paulsen. Net worth compared to income is at record highs.\nDon’t make the mistake of thinking that’s just the rich getting richer because of the stock market. Homes are up a lot too, and most people own homes. The ratio of household debt to personal income is the lowest since 1985.\n“Consumers are scared and loaded with untapped buying power,” says Paulsen. “This pessimistic mindset combined with the excess buying power has historically produced solid market gains with infrequent declines,” he says. “This ratio portrays a bull market that is still in its infancy.”\nStocks to buy\nSince the consumer is such a big part of this dynamic, I say go with retail stocks. They’ve been underperforming, which also makes them look attractive.\nMorningstar cites Bath & Body WorksBBWI,-0.74%as a retailer with a moat and trading at a discount. The body care and home fragrance retailer has a four-star rating because its stock is trading so far below Morningstar’s “fair value” estimate of $79 for the name.\nAs for the moat, analyst Jaime Katz cites the company’s strong brand, its leadership position in its space, and the 30% average return on invested capital, well above its 8% weighted average cost of capital.\nEric Marshall, a portfolio manager at the Hodges Small Cap fundHDPSX,+1.83%,likes the apparel retailer American Eagle OutfittersAEO,0.36%,which is down over 35% from highs this year. The company posted record revenue of $1.19 billion in the second quarter, up 35% year over year.\nThe core growth driver is its popular Aerie brand. Marshall thinks the company will earn over $2 a share this year, which makes American Eagle stock a bargain at around 13 times forward earnings.\nMarshall is worth listening to because he has a hot hand. His Hodges small-cap fund is up 31% this year, beating its small blend category and Russell 2000 index benchmark by 12 to 18 percentage points, according to Morningstar.\nMarshall also likes Academy Sports and OutdoorsASO,-0.91%,which sells sports and outdoor recreation goods. The pandemic was a windfall for this company because of the popularity of outdoor activities. Strong pandemic sales helped the company chip away at its high debt levels. Analysts are worried the pandemic-inspired popularity of outdoor activities will wane, but Marshall thinks the outdoor lifestyle will stay in vogue.\nWhile many retail sector investors are awed by the power of Amazon.comAMZN,0.03%and WalmartWMT,0.03%,Motley Fool retail sector analyst Asit Sharma favors niche chains that have mastered the “direct to consumer” sales model. They offer great stores and solid products, but also the mix of delivery options that shoppers want – including in-store pickup of items bought online.\n“The retail sector gets a perennial bad rap because everyone is focused on yesterday’s story, that Amazon and Walmart are taking out all physical stores,” says Sharma. But that’s not the case. Many retailers provide a mix of excellent in-store experiences and unique products that the two retail giants can’t really offer.\nHere, Sharma cites Lululemon AthleticaLULU,-0.88%.“We love the fact that the company spends on its own research and development innovation on the fabric side.” Stores give consumers a chance to check out the custom fabrics in person.\nSharma also favors Yeti HoldingsYETI,-1.92%,which sells coolers, “drinkware” and outdoor equipment. For a larger cap name, consider the popular retail giant TargetTGT,-0.24%for its “everything under one roof” approach to retail.","news_type":1,"symbols_score_info":{"SPY":0.9,".DJI":0.9,".IXIC":0.9,".SPX":0.9}},"isVote":1,"tweetType":1,"viewCount":723,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":820497736,"gmtCreate":1633412394019,"gmtModify":1633412394290,"author":{"id":"4087442949550080","authorId":"4087442949550080","name":"Yuenyee","avatar":"https://static.tigerbbs.com/b7436f5c582213fe37305f2b9b1e9ab3","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4087442949550080","authorIdStr":"4087442949550080"},"themes":[],"htmlText":"👍","listText":"👍","text":"👍","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/820497736","repostId":"1190774495","repostType":4,"isVote":1,"tweetType":1,"viewCount":783,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":864837208,"gmtCreate":1633086417722,"gmtModify":1633086418024,"author":{"id":"4087442949550080","authorId":"4087442949550080","name":"Yuenyee","avatar":"https://static.tigerbbs.com/b7436f5c582213fe37305f2b9b1e9ab3","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4087442949550080","authorIdStr":"4087442949550080"},"themes":[],"htmlText":"👍","listText":"👍","text":"👍","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":10,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/864837208","repostId":"1193583996","repostType":4,"repost":{"id":"1193583996","kind":"news","pubTimestamp":1633080824,"share":"https://www.laohu8.com/m/news/1193583996?lang=zh_CN&edition=full","pubTime":"2021-10-01 17:33","market":"us","language":"en","title":"European stock markets tumble amid fears of slowing economic growth<blockquote>欧洲股市因担心经济增长放缓而暴跌</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1193583996","media":"Yahoo Finance","summary":"There was blood in the markets on Friday, as European stocks dragged lower after posting their first","content":"<p><div> There was blood in the markets on Friday, as European stocks dragged lower after posting their first negative month since January on concerns of slowing economic growth. In London, the FTSE 100 (^FTSE...</p><p><blockquote><div>由于对经济增长放缓的担忧，欧洲股市自一月份以来首次出现负值，周五市场出现流血事件。在伦敦，富时100指数(^FTSE...</div></blockquote></p><p>  <a href=\"https://finance.yahoo.com/news/european-stock-markets-ftse-dax-cac-tumble-amid-fears-of-slowing-economic-growth-075521947.html\">网页链接</a>  </div> </p><p><blockquote><a href=\"https://finance.yahoo.com/news/european-stock-markets-ftse-dax-cac-tumble-amid-fears-of-slowing-economic-growth-075521947.html\">网页连接</a></blockquote></p><p></p>","source":"yahoofinance_sg","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>European stock markets tumble amid fears of slowing economic growth<blockquote>欧洲股市因担心经济增长放缓而暴跌</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\">\nEuropean stock markets tumble amid fears of slowing economic growth<blockquote>欧洲股市因担心经济增长放缓而暴跌</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Yahoo Finance</strong><span class=\"h-time small\">2021-10-01 17:33</span>\n</p>\n</h4>\n</header>\n<article>\n<p><div> There was blood in the markets on Friday, as European stocks dragged lower after posting their first negative month since January on concerns of slowing economic growth. In London, the FTSE 100 (^FTSE...</p><p><blockquote><div>由于对经济增长放缓的担忧，欧洲股市自一月份以来首次出现负值，周五市场出现流血事件。在伦敦，富时100指数(^FTSE...</div></blockquote></p><p>  <a href=\"https://finance.yahoo.com/news/european-stock-markets-ftse-dax-cac-tumble-amid-fears-of-slowing-economic-growth-075521947.html\">网页链接</a>  </div> </p><p><blockquote><a href=\"https://finance.yahoo.com/news/european-stock-markets-ftse-dax-cac-tumble-amid-fears-of-slowing-economic-growth-075521947.html\">网页连接</a></blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://finance.yahoo.com/news/european-stock-markets-ftse-dax-cac-tumble-amid-fears-of-slowing-economic-growth-075521947.html\">Yahoo Finance</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":{},"source_url":"https://finance.yahoo.com/news/european-stock-markets-ftse-dax-cac-tumble-amid-fears-of-slowing-economic-growth-075521947.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1193583996","content_text":"There was blood in the markets on Friday, as European stocks dragged lower after posting their first negative month since January on concerns of slowing economic growth.\nIn London, the FTSE 100 (^FTSE) fell 0.7% after opening, while the CAC (^FCHI) tumbled more than 1% in Paris and the German DAX (^GDAXI) was 1.2% lower.\n“Investors are now nervously eyeing October, and wondering perhaps if this could be the beginning of further weakness,” Michael Hewson of CMC Markets said.\n“As we head into the final quarter of 2021 the gains year to date are still pretty decent, which raises the question, how much more is left in the tank, and whether this October will live up to the reputation of Octobers past, and deliver a huge curveball, as well as giving investors an anxiety attack.”\nSurging energy prices, supply chain disruptions, and concerns about inflation will be keeping traders on their toes.\nOver on Wall Street, S&P 500 futures (ES=F) were down 0.5%, Dow futures (YM=F) shed 0.7%, and Nasdaq futures (NQ=F) were almost 0.6% lower as trade began in Europe.\nThe S&P 500 ended September down 4.8%, its first monthly drop since January and the biggest since March 2020.\nOn Thursday Federal Reserve chair Jerome Powell maintained that surging inflation data is being caused by supply chain challenges and that they will abate. Under questioning from the House Financial Services Committee, Powell said he expects inflation to ease in the first half of 2022.","news_type":1,"symbols_score_info":{}},"isVote":1,"tweetType":1,"viewCount":896,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0}],"hots":[{"id":869964271,"gmtCreate":1632236435293,"gmtModify":1632801857530,"author":{"id":"4087442949550080","authorId":"4087442949550080","name":"Yuenyee","avatar":"https://static.tigerbbs.com/b7436f5c582213fe37305f2b9b1e9ab3","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4087442949550080","authorIdStr":"4087442949550080"},"themes":[],"htmlText":"👍","listText":"👍","text":"👍","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":12,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/869964271","repostId":"1184803643","repostType":4,"repost":{"id":"1184803643","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":1632235583,"share":"https://www.laohu8.com/m/news/1184803643?lang=zh_CN&edition=full","pubTime":"2021-09-21 22:46","market":"other","language":"en","title":"Upstart jumped nearly 7% and reached record high<blockquote>Upstart大涨近7%创历史新高</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1184803643","media":"Tiger Newspress","summary":"(Sept 21) Upstart Holdings, Inc. jumped nearly 7% and reached record high. WSFS Bank Launches Digita","content":"<p>(Sept 21)&nbsp;<b><a href=\"https://laohu8.com/S/UPST\">Upstart Holdings, Inc.</a> </b>jumped nearly 7% and reached record high.&nbsp;WSFS Bank Launches Digital Personal Loans Platform, Powered by Upstart.</p><p><blockquote>（9月21日）<b><a href=\"https://laohu8.com/S/UPST\">新贵控股公司。</a></b>涨近7%创历史新高WSFS银行推出数字个人贷款平台，由Upstart提供支持。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/5986d21fffee8df850035daa0be678b7\" tg-width=\"1184\" tg-height=\"584\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p> WSFS Bank, the primary subsidiary of WSFS Financial Corporation (Nasdaq: WSFS), today announced it has launched a digital personal loans product powered by Upstart, (NASDAQ: UPST), a leading artificial intelligence (AI) lending platform. WSFS’s partnership with Upstart expands the Bank’spersonal loan offeringsto a wider, more inclusive Customer base while diversifying its business and creating more digital-friendly Customer experiences.</p><p><blockquote>WSFS金融公司（纳斯达克：WSFS）的主要子公司WSFS银行今天宣布推出由领先的人工智能(AI)贷款平台Upstart（纳斯达克：UPST）提供支持的数字个人贷款产品。WSFS与Upstart的合作将该银行的个人贷款产品扩展到更广泛、更具包容性的客户群，同时实现业务多元化并创造更加数字友好的客户体验。</blockquote></p><p> “WSFS Bank is excited to partner with Upstart, combining their leading technology with our nearly 200 years of experience as a service-oriented, locally-managed bank, to deliver a fast, easy experience to reach and serve our Customers wherever they are,\" said Jim Wechsler, Senior Vice President, Chief Retail Lending Officer at WSFS Bank. “With Upstart’s platform, we’re continuing our Delivery Transformation, an investment in our technology and delivery systems to meet the evolving needs of our Customers. Through this partnership, we’re providing a more affordable personal loan solution that meets the unique needs of our diverse communities across the Greater Philadelphia and Delaware region.”</p><p><blockquote>“WSFS银行很高兴与Upstart合作，将他们的领先技术与我们作为一家以服务为导向、本地管理的银行近200年的经验相结合，提供快速、轻松的体验，无论客户身在何处，都可以接触和服务他们，”WSFS银行高级副总裁兼首席零售贷款官Jim Wechsler说道。“借助Upstart的平台，我们将继续进行交付转型，对我们的技术和交付系统进行投资，以满足客户不断变化的需求。通过这种合作伙伴关系，我们将提供更实惠的个人贷款解决方案，满足客户的独特需求我们遍布大费城和特拉华地区的多元化社区。”</blockquote></p><p> “We’re excited that WSFS Bank has chosen to partner with Upstart to serve the banking needs of its communities,” said Michael Lock, SVP of Lending Partnerships for Upstart. “Through our partnership, WSFS Bank is now able to reach and approve more creditworthy borrowers while delivering a seamless, digital experience on its own banking website.”</p><p><blockquote>Upstart贷款合作伙伴高级副总裁Michael Lock表示：“我们很高兴WSFS银行选择与Upstart合作，满足其社区的银行需求。”“通过我们的合作，WSFS银行现在能够接触和批准更多信誉良好的借款人，同时在自己的银行网站上提供无缝的数字体验。”</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>Upstart jumped nearly 7% and reached record high<blockquote>Upstart大涨近7%创历史新高</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\">\nUpstart jumped nearly 7% and reached record high<blockquote>Upstart大涨近7%创历史新高</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\">2021-09-21 22:46</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>(Sept 21)&nbsp;<b><a href=\"https://laohu8.com/S/UPST\">Upstart Holdings, Inc.</a> </b>jumped nearly 7% and reached record high.&nbsp;WSFS Bank Launches Digital Personal Loans Platform, Powered by Upstart.</p><p><blockquote>（9月21日）<b><a href=\"https://laohu8.com/S/UPST\">新贵控股公司。</a></b>涨近7%创历史新高WSFS银行推出数字个人贷款平台，由Upstart提供支持。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/5986d21fffee8df850035daa0be678b7\" tg-width=\"1184\" tg-height=\"584\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p> WSFS Bank, the primary subsidiary of WSFS Financial Corporation (Nasdaq: WSFS), today announced it has launched a digital personal loans product powered by Upstart, (NASDAQ: UPST), a leading artificial intelligence (AI) lending platform. WSFS’s partnership with Upstart expands the Bank’spersonal loan offeringsto a wider, more inclusive Customer base while diversifying its business and creating more digital-friendly Customer experiences.</p><p><blockquote>WSFS金融公司（纳斯达克：WSFS）的主要子公司WSFS银行今天宣布推出由领先的人工智能(AI)贷款平台Upstart（纳斯达克：UPST）提供支持的数字个人贷款产品。WSFS与Upstart的合作将该银行的个人贷款产品扩展到更广泛、更具包容性的客户群，同时实现业务多元化并创造更加数字友好的客户体验。</blockquote></p><p> “WSFS Bank is excited to partner with Upstart, combining their leading technology with our nearly 200 years of experience as a service-oriented, locally-managed bank, to deliver a fast, easy experience to reach and serve our Customers wherever they are,\" said Jim Wechsler, Senior Vice President, Chief Retail Lending Officer at WSFS Bank. “With Upstart’s platform, we’re continuing our Delivery Transformation, an investment in our technology and delivery systems to meet the evolving needs of our Customers. Through this partnership, we’re providing a more affordable personal loan solution that meets the unique needs of our diverse communities across the Greater Philadelphia and Delaware region.”</p><p><blockquote>“WSFS银行很高兴与Upstart合作，将他们的领先技术与我们作为一家以服务为导向、本地管理的银行近200年的经验相结合，提供快速、轻松的体验，无论客户身在何处，都可以接触和服务他们，”WSFS银行高级副总裁兼首席零售贷款官Jim Wechsler说道。“借助Upstart的平台，我们将继续进行交付转型，对我们的技术和交付系统进行投资，以满足客户不断变化的需求。通过这种合作伙伴关系，我们将提供更实惠的个人贷款解决方案，满足客户的独特需求我们遍布大费城和特拉华地区的多元化社区。”</blockquote></p><p> “We’re excited that WSFS Bank has chosen to partner with Upstart to serve the banking needs of its communities,” said Michael Lock, SVP of Lending Partnerships for Upstart. “Through our partnership, WSFS Bank is now able to reach and approve more creditworthy borrowers while delivering a seamless, digital experience on its own banking website.”</p><p><blockquote>Upstart贷款合作伙伴高级副总裁Michael Lock表示：“我们很高兴WSFS银行选择与Upstart合作，满足其社区的银行需求。”“通过我们的合作，WSFS银行现在能够接触和批准更多信誉良好的借款人，同时在自己的银行网站上提供无缝的数字体验。”</blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"DLR":"数字房地产信托公司"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1184803643","content_text":"(Sept 21) Upstart Holdings, Inc. jumped nearly 7% and reached record high. WSFS Bank Launches Digital Personal Loans Platform, Powered by Upstart.\n\nWSFS Bank, the primary subsidiary of WSFS Financial Corporation (Nasdaq: WSFS), today announced it has launched a digital personal loans product powered by Upstart, (NASDAQ: UPST), a leading artificial intelligence (AI) lending platform. WSFS’s partnership with Upstart expands the Bank’spersonal loan offeringsto a wider, more inclusive Customer base while diversifying its business and creating more digital-friendly Customer experiences.\n“WSFS Bank is excited to partner with Upstart, combining their leading technology with our nearly 200 years of experience as a service-oriented, locally-managed bank, to deliver a fast, easy experience to reach and serve our Customers wherever they are,\" said Jim Wechsler, Senior Vice President, Chief Retail Lending Officer at WSFS Bank. “With Upstart’s platform, we’re continuing our Delivery Transformation, an investment in our technology and delivery systems to meet the evolving needs of our Customers. Through this partnership, we’re providing a more affordable personal loan solution that meets the unique needs of our diverse communities across the Greater Philadelphia and Delaware region.”\n“We’re excited that WSFS Bank has chosen to partner with Upstart to serve the banking needs of its communities,” said Michael Lock, SVP of Lending Partnerships for Upstart. “Through our partnership, WSFS Bank is now able to reach and approve more creditworthy borrowers while delivering a seamless, digital experience on its own banking website.”","news_type":1,"symbols_score_info":{"DLR":0.9}},"isVote":1,"tweetType":1,"viewCount":263,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":881267679,"gmtCreate":1631347179891,"gmtModify":1631891219646,"author":{"id":"4087442949550080","authorId":"4087442949550080","name":"Yuenyee","avatar":"https://static.tigerbbs.com/b7436f5c582213fe37305f2b9b1e9ab3","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4087442949550080","authorIdStr":"4087442949550080"},"themes":[],"htmlText":"👍","listText":"👍","text":"👍","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":4,"repostSize":0,"link":"https://laohu8.com/post/881267679","repostId":"1147045390","repostType":4,"repost":{"id":"1147045390","kind":"news","pubTimestamp":1631321547,"share":"https://www.laohu8.com/m/news/1147045390?lang=zh_CN&edition=full","pubTime":"2021-09-11 08:52","market":"us","language":"en","title":"Why Apple’s Risk Is Limited<blockquote>为什么苹果的风险有限</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1147045390","media":"Barrons","summary":"Apple faces real, but limited, risk to its revenue and profits from Friday’s ruling that requires it to allow developers to offer alternative payment methods for purchases made in apps downloaded through the Apple app store.In a case filed by Fortnite publisher Epic Games, U.S. District Judge Yvonne Gonzalez Rogers issued a permanent injunction that requires Apple  to allow developers the option to include links to alternative payment methods in their apps. Apple’s own payment system takes a 30%","content":"<p>Apple faces real, but limited, risk to its revenue and profits from Friday’s ruling that requires it to allow developers to offer alternative payment methods for purchases made in apps downloaded through the Apple app store.</p><p><blockquote>周五的裁决要求苹果允许开发者为通过苹果应用商店下载的应用程序中的购买提供替代支付方式，这给其收入和利润带来了真实但有限的风险。</blockquote></p><p> In a case filed by Fortnite publisher Epic Games, U.S. District Judge Yvonne Gonzalez Rogers issued a permanent injunction that requires Apple (ticker: AAPL) to allow developers the option to include links to alternative payment methods in their apps. Apple’s own payment system takes a 30% cut from large developers.</p><p><blockquote>在堡垒之夜发行商Epic Games提起的案件中，美国地区法官Yvonne Gonzalez Rogers发布了一项永久禁令，要求苹果（股票代码：AAPL）允许开发者选择在其应用程序中包含替代支付方式的链接。苹果自己的支付系统从大型开发商那里收取30%的提成。</blockquote></p><p> Data from the app tracker SensorTower shows that in calendar 2020, Apple had overall revenue from the App Store of $72.3 billion, generating an estimated $21.7 billion in fees, or about 7% of Apple’s overall revenues. That includes $21 billion in spending in the U.S., generating about $6.3 billion in fees, or about 2% of annualized revenues.</p><p><blockquote>应用追踪器SensorTower的数据显示，2020年，苹果从App Store获得的总收入为723亿美元，产生的费用估计为217亿美元，约占苹果总收入的7%。其中包括在美国的210亿美元支出，产生约63亿美元的费用，约占年收入的2%。</blockquote></p><p> SensorTower estimates that mobile-game spending in the App Store in calendar 2020 was $47.6 billion, generating $14.3 billion in fees, or a little under 5% of Apple’s total revenues.</p><p><blockquote>SensorTower估计，2020年App Store中的手机游戏支出为476亿美元，产生143亿美元的费用，略低于苹果总收入的5%。</blockquote></p><p> Gene Munster, managing director of the venture firm Loup Capital and a former sell-side analyst with a long history of tracking Apple, estimated that the App Store accounts for about 14% of the company’s profits. But he sees limited risk from Friday’s ruling.</p><p><blockquote>风险投资公司Loup Capital董事总经理、长期跟踪苹果的前卖方分析师吉恩·蒙斯特(Gene Munster)估计，App Store约占该公司利润的14%。但他认为周五裁决的风险有限。</blockquote></p><p> Munster thinks most app developers will stay inside of the Apple system. He sees “at most” a 2% headwind to overall revenue, and a potential 4% hit to profits.</p><p><blockquote>蒙斯特认为大多数应用程序开发人员将留在苹果系统内。他认为整体收入“最多”会受到2%的阻力，利润可能会受到4%的打击。</blockquote></p><p> “After the first year of these changes, app store growth rates will return to normal,” he said. “Bottom line, it’s at most a one-year headwind and does not change the big picture of where Apple is going over the next 5 years.”</p><p><blockquote>“在这些变化的第一年之后，app store的增长率将恢复正常，”他说。“最重要的是，这最多是一年的逆风，不会改变苹果未来5年的发展方向。”</blockquote></p><p> Evercore ISI analyst Amit Daryanani said in a research note that the ruling is a setback for Apple, but that the eventual impact is likely to be manageable, given Apple has alternative ways to generate revenue from the store, including its growing in-store ad business. And he noted that Apple actually got a win on a bigger issue in the case: The judge rejected Epic’s assertion that the App Store is an illegal monopoly. Daryanani estimated the risk to Apple’s per-share earnings at 2% to 4%.</p><p><blockquote>Evercore ISI分析师Amit Daryanani在一份研究报告中表示，这一裁决对苹果来说是一次挫折，但鉴于苹果有其他方式从商店创收，包括其不断增长的店内广告业务，最终的影响可能是可控的。他指出，苹果实际上在该案中的一个更大问题上取得了胜利：法官驳回了Epic关于App Store是非法垄断的主张。Daryanani估计苹果每股收益面临的风险为2%至4%。</blockquote></p><p> Wedbush analyst Dan Ives told&nbsp;<i>Barron’s</i>&nbsp;he thinks the worst-case scenario is a 3% to 4% hit to revenues, describing the risk as a “rounding error.” While Ives said the Street had expected an across-the-board win for Apple, the mixed decision removes an overhang on the stock and that investors are likely relieved to put the issue to rest.</p><p><blockquote>Wedbush分析师Dan Ives告诉<i>巴伦周刊</i>他认为最坏的情况是收入受到3%至4%的打击，并将这种风险描述为“舍入误差”。虽然Ives表示，华尔街原本预计苹果会全面获胜，但这一喜忧参半的决定消除了该股的悬念，投资者可能会因为解决这个问题而松一口气。</blockquote></p><p> The ruling is more a positive for companies like&nbsp;Spotify Technology&nbsp;and&nbsp;Match Group&nbsp;than it is a negative for Apple, he said. Apple stock fell 3.3% to $148.97&nbsp;on&nbsp;Friday, while Spotify and March gained 0.7% and&nbsp;4.2%, respectively.</p><p><blockquote>他表示，这一裁决对Spotify Technology和Match Group等公司来说更多的是积极的，而不是对苹果的负面影响。苹果股价周五下跌3.3%，至148.97美元，Spotify和March分别上涨0.7%和4.</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>Why Apple’s Risk Is Limited<blockquote>为什么苹果的风险有限</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhy Apple’s Risk Is Limited<blockquote>为什么苹果的风险有限</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Barrons</strong><span class=\"h-time small\">2021-09-11 08:52</span>\n</p>\n</h4>\n</header>\n<article>\n<p>Apple faces real, but limited, risk to its revenue and profits from Friday’s ruling that requires it to allow developers to offer alternative payment methods for purchases made in apps downloaded through the Apple app store.</p><p><blockquote>周五的裁决要求苹果允许开发者为通过苹果应用商店下载的应用程序中的购买提供替代支付方式，这给其收入和利润带来了真实但有限的风险。</blockquote></p><p> In a case filed by Fortnite publisher Epic Games, U.S. District Judge Yvonne Gonzalez Rogers issued a permanent injunction that requires Apple (ticker: AAPL) to allow developers the option to include links to alternative payment methods in their apps. Apple’s own payment system takes a 30% cut from large developers.</p><p><blockquote>在堡垒之夜发行商Epic Games提起的案件中，美国地区法官Yvonne Gonzalez Rogers发布了一项永久禁令，要求苹果（股票代码：AAPL）允许开发者选择在其应用程序中包含替代支付方式的链接。苹果自己的支付系统从大型开发商那里收取30%的提成。</blockquote></p><p> Data from the app tracker SensorTower shows that in calendar 2020, Apple had overall revenue from the App Store of $72.3 billion, generating an estimated $21.7 billion in fees, or about 7% of Apple’s overall revenues. That includes $21 billion in spending in the U.S., generating about $6.3 billion in fees, or about 2% of annualized revenues.</p><p><blockquote>应用追踪器SensorTower的数据显示，2020年，苹果从App Store获得的总收入为723亿美元，产生的费用估计为217亿美元，约占苹果总收入的7%。其中包括在美国的210亿美元支出，产生约63亿美元的费用，约占年收入的2%。</blockquote></p><p> SensorTower estimates that mobile-game spending in the App Store in calendar 2020 was $47.6 billion, generating $14.3 billion in fees, or a little under 5% of Apple’s total revenues.</p><p><blockquote>SensorTower估计，2020年App Store中的手机游戏支出为476亿美元，产生143亿美元的费用，略低于苹果总收入的5%。</blockquote></p><p> Gene Munster, managing director of the venture firm Loup Capital and a former sell-side analyst with a long history of tracking Apple, estimated that the App Store accounts for about 14% of the company’s profits. But he sees limited risk from Friday’s ruling.</p><p><blockquote>风险投资公司Loup Capital董事总经理、长期跟踪苹果的前卖方分析师吉恩·蒙斯特(Gene Munster)估计，App Store约占该公司利润的14%。但他认为周五裁决的风险有限。</blockquote></p><p> Munster thinks most app developers will stay inside of the Apple system. He sees “at most” a 2% headwind to overall revenue, and a potential 4% hit to profits.</p><p><blockquote>蒙斯特认为大多数应用程序开发人员将留在苹果系统内。他认为整体收入“最多”会受到2%的阻力，利润可能会受到4%的打击。</blockquote></p><p> “After the first year of these changes, app store growth rates will return to normal,” he said. “Bottom line, it’s at most a one-year headwind and does not change the big picture of where Apple is going over the next 5 years.”</p><p><blockquote>“在这些变化的第一年之后，app store的增长率将恢复正常，”他说。“最重要的是，这最多是一年的逆风，不会改变苹果未来5年的发展方向。”</blockquote></p><p> Evercore ISI analyst Amit Daryanani said in a research note that the ruling is a setback for Apple, but that the eventual impact is likely to be manageable, given Apple has alternative ways to generate revenue from the store, including its growing in-store ad business. And he noted that Apple actually got a win on a bigger issue in the case: The judge rejected Epic’s assertion that the App Store is an illegal monopoly. Daryanani estimated the risk to Apple’s per-share earnings at 2% to 4%.</p><p><blockquote>Evercore ISI分析师Amit Daryanani在一份研究报告中表示，这一裁决对苹果来说是一次挫折，但鉴于苹果有其他方式从商店创收，包括其不断增长的店内广告业务，最终的影响可能是可控的。他指出，苹果实际上在该案中的一个更大问题上取得了胜利：法官驳回了Epic关于App Store是非法垄断的主张。Daryanani估计苹果每股收益面临的风险为2%至4%。</blockquote></p><p> Wedbush analyst Dan Ives told&nbsp;<i>Barron’s</i>&nbsp;he thinks the worst-case scenario is a 3% to 4% hit to revenues, describing the risk as a “rounding error.” While Ives said the Street had expected an across-the-board win for Apple, the mixed decision removes an overhang on the stock and that investors are likely relieved to put the issue to rest.</p><p><blockquote>Wedbush分析师Dan Ives告诉<i>巴伦周刊</i>他认为最坏的情况是收入受到3%至4%的打击，并将这种风险描述为“舍入误差”。虽然Ives表示，华尔街原本预计苹果会全面获胜，但这一喜忧参半的决定消除了该股的悬念，投资者可能会因为解决这个问题而松一口气。</blockquote></p><p> The ruling is more a positive for companies like&nbsp;Spotify Technology&nbsp;and&nbsp;Match Group&nbsp;than it is a negative for Apple, he said. Apple stock fell 3.3% to $148.97&nbsp;on&nbsp;Friday, while Spotify and March gained 0.7% and&nbsp;4.2%, respectively.</p><p><blockquote>他表示，这一裁决对Spotify Technology和Match Group等公司来说更多的是积极的，而不是对苹果的负面影响。苹果股价周五下跌3.3%，至148.97美元，Spotify和March分别上涨0.7%和4.</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.barrons.com/articles/apple-app-store-epic-51631304007?mod=hp_LEAD_1_B_2\">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":{"AAPL":"苹果"},"source_url":"https://www.barrons.com/articles/apple-app-store-epic-51631304007?mod=hp_LEAD_1_B_2","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1147045390","content_text":"Apple faces real, but limited, risk to its revenue and profits from Friday’s ruling that requires it to allow developers to offer alternative payment methods for purchases made in apps downloaded through the Apple app store.\nIn a case filed by Fortnite publisher Epic Games, U.S. District Judge Yvonne Gonzalez Rogers issued a permanent injunction that requires Apple (ticker: AAPL) to allow developers the option to include links to alternative payment methods in their apps. Apple’s own payment system takes a 30% cut from large developers.\nData from the app tracker SensorTower shows that in calendar 2020, Apple had overall revenue from the App Store of $72.3 billion, generating an estimated $21.7 billion in fees, or about 7% of Apple’s overall revenues. That includes $21 billion in spending in the U.S., generating about $6.3 billion in fees, or about 2% of annualized revenues.\nSensorTower estimates that mobile-game spending in the App Store in calendar 2020 was $47.6 billion, generating $14.3 billion in fees, or a little under 5% of Apple’s total revenues.\nGene Munster, managing director of the venture firm Loup Capital and a former sell-side analyst with a long history of tracking Apple, estimated that the App Store accounts for about 14% of the company’s profits. But he sees limited risk from Friday’s ruling.\nMunster thinks most app developers will stay inside of the Apple system. He sees “at most” a 2% headwind to overall revenue, and a potential 4% hit to profits.\n“After the first year of these changes, app store growth rates will return to normal,” he said. “Bottom line, it’s at most a one-year headwind and does not change the big picture of where Apple is going over the next 5 years.”\nEvercore ISI analyst Amit Daryanani said in a research note that the ruling is a setback for Apple, but that the eventual impact is likely to be manageable, given Apple has alternative ways to generate revenue from the store, including its growing in-store ad business. And he noted that Apple actually got a win on a bigger issue in the case: The judge rejected Epic’s assertion that the App Store is an illegal monopoly. Daryanani estimated the risk to Apple’s per-share earnings at 2% to 4%.\nWedbush analyst Dan Ives told Barron’s he thinks the worst-case scenario is a 3% to 4% hit to revenues, describing the risk as a “rounding error.” While Ives said the Street had expected an across-the-board win for Apple, the mixed decision removes an overhang on the stock and that investors are likely relieved to put the issue to rest.\nThe ruling is more a positive for companies like Spotify Technology and Match Group than it is a negative for Apple, he said. Apple stock fell 3.3% to $148.97 on Friday, while Spotify and March gained 0.7% and 4.2%, respectively.","news_type":1,"symbols_score_info":{"AAPL":0.9}},"isVote":1,"tweetType":1,"viewCount":483,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":864837208,"gmtCreate":1633086417722,"gmtModify":1633086418024,"author":{"id":"4087442949550080","authorId":"4087442949550080","name":"Yuenyee","avatar":"https://static.tigerbbs.com/b7436f5c582213fe37305f2b9b1e9ab3","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4087442949550080","authorIdStr":"4087442949550080"},"themes":[],"htmlText":"👍","listText":"👍","text":"👍","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":10,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/864837208","repostId":"1193583996","repostType":4,"repost":{"id":"1193583996","kind":"news","pubTimestamp":1633080824,"share":"https://www.laohu8.com/m/news/1193583996?lang=zh_CN&edition=full","pubTime":"2021-10-01 17:33","market":"us","language":"en","title":"European stock markets tumble amid fears of slowing economic growth<blockquote>欧洲股市因担心经济增长放缓而暴跌</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1193583996","media":"Yahoo Finance","summary":"There was blood in the markets on Friday, as European stocks dragged lower after posting their first","content":"<p><div> There was blood in the markets on Friday, as European stocks dragged lower after posting their first negative month since January on concerns of slowing economic growth. In London, the FTSE 100 (^FTSE...</p><p><blockquote><div>由于对经济增长放缓的担忧，欧洲股市自一月份以来首次出现负值，周五市场出现流血事件。在伦敦，富时100指数(^FTSE...</div></blockquote></p><p>  <a href=\"https://finance.yahoo.com/news/european-stock-markets-ftse-dax-cac-tumble-amid-fears-of-slowing-economic-growth-075521947.html\">网页链接</a>  </div> </p><p><blockquote><a href=\"https://finance.yahoo.com/news/european-stock-markets-ftse-dax-cac-tumble-amid-fears-of-slowing-economic-growth-075521947.html\">网页连接</a></blockquote></p><p></p>","source":"yahoofinance_sg","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>European stock markets tumble amid fears of slowing economic growth<blockquote>欧洲股市因担心经济增长放缓而暴跌</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\">\nEuropean stock markets tumble amid fears of slowing economic growth<blockquote>欧洲股市因担心经济增长放缓而暴跌</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Yahoo Finance</strong><span class=\"h-time small\">2021-10-01 17:33</span>\n</p>\n</h4>\n</header>\n<article>\n<p><div> There was blood in the markets on Friday, as European stocks dragged lower after posting their first negative month since January on concerns of slowing economic growth. In London, the FTSE 100 (^FTSE...</p><p><blockquote><div>由于对经济增长放缓的担忧，欧洲股市自一月份以来首次出现负值，周五市场出现流血事件。在伦敦，富时100指数(^FTSE...</div></blockquote></p><p>  <a href=\"https://finance.yahoo.com/news/european-stock-markets-ftse-dax-cac-tumble-amid-fears-of-slowing-economic-growth-075521947.html\">网页链接</a>  </div> </p><p><blockquote><a href=\"https://finance.yahoo.com/news/european-stock-markets-ftse-dax-cac-tumble-amid-fears-of-slowing-economic-growth-075521947.html\">网页连接</a></blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://finance.yahoo.com/news/european-stock-markets-ftse-dax-cac-tumble-amid-fears-of-slowing-economic-growth-075521947.html\">Yahoo Finance</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":{},"source_url":"https://finance.yahoo.com/news/european-stock-markets-ftse-dax-cac-tumble-amid-fears-of-slowing-economic-growth-075521947.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1193583996","content_text":"There was blood in the markets on Friday, as European stocks dragged lower after posting their first negative month since January on concerns of slowing economic growth.\nIn London, the FTSE 100 (^FTSE) fell 0.7% after opening, while the CAC (^FCHI) tumbled more than 1% in Paris and the German DAX (^GDAXI) was 1.2% lower.\n“Investors are now nervously eyeing October, and wondering perhaps if this could be the beginning of further weakness,” Michael Hewson of CMC Markets said.\n“As we head into the final quarter of 2021 the gains year to date are still pretty decent, which raises the question, how much more is left in the tank, and whether this October will live up to the reputation of Octobers past, and deliver a huge curveball, as well as giving investors an anxiety attack.”\nSurging energy prices, supply chain disruptions, and concerns about inflation will be keeping traders on their toes.\nOver on Wall Street, S&P 500 futures (ES=F) were down 0.5%, Dow futures (YM=F) shed 0.7%, and Nasdaq futures (NQ=F) were almost 0.6% lower as trade began in Europe.\nThe S&P 500 ended September down 4.8%, its first monthly drop since January and the biggest since March 2020.\nOn Thursday Federal Reserve chair Jerome Powell maintained that surging inflation data is being caused by supply chain challenges and that they will abate. Under questioning from the House Financial Services Committee, Powell said he expects inflation to ease in the first half of 2022.","news_type":1,"symbols_score_info":{}},"isVote":1,"tweetType":1,"viewCount":896,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":881966442,"gmtCreate":1631285956886,"gmtModify":1631891219650,"author":{"id":"4087442949550080","authorId":"4087442949550080","name":"Yuenyee","avatar":"https://static.tigerbbs.com/b7436f5c582213fe37305f2b9b1e9ab3","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4087442949550080","authorIdStr":"4087442949550080"},"themes":[],"htmlText":"👍","listText":"👍","text":"👍","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":9,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/881966442","repostId":"2166375610","repostType":4,"isVote":1,"tweetType":1,"viewCount":580,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":834414886,"gmtCreate":1629818535245,"gmtModify":1631893060178,"author":{"id":"4087442949550080","authorId":"4087442949550080","name":"Yuenyee","avatar":"https://static.tigerbbs.com/b7436f5c582213fe37305f2b9b1e9ab3","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4087442949550080","authorIdStr":"4087442949550080"},"themes":[],"htmlText":"Good&nbsp;","listText":"Good&nbsp;","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/834414886","repostId":"1147501136","repostType":4,"repost":{"id":"1147501136","kind":"news","pubTimestamp":1629817852,"share":"https://www.laohu8.com/m/news/1147501136?lang=zh_CN&edition=full","pubTime":"2021-08-24 23:10","market":"us","language":"en","title":"Berkshire Hathaway Remains Undervalued<blockquote>伯克希尔哈撒韦公司仍被低估</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1147501136","media":"seekingalpha","summary":"Summary\n\nCEO Warren Buffett has bought back a large number of shares in 2020 in the first half of 20","content":"<p><b>Summary</b></p><p><blockquote><b>总结</b></blockquote></p><p> <ul>  <li>CEO Warren Buffett has bought back a large number of shares in 2020 in the first half of 2021.</li>  <li>First half 2021 pre-tax operating earnings for manufacturing and service/retailing are up nicely over the first half of 2020.</li>  <li>The stock portfolio is now in excess of $300 billion!</li> </ul> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/3b1ec40867d5f48e0522635854570624\" tg-width=\"1536\" tg-height=\"1024\" width=\"100%\" height=\"auto\"><span>RiverNorthPhotography/iStock Unreleased via Getty Images</span></p><p><blockquote><ul><li>首席执行官沃伦·巴菲特已在2021年上半年回购了大量2020年股票。</li><li>2021年上半年制造业和服务业/零售业的税前营业收入较2020年上半年大幅增长。</li><li>股票投资组合现已超过3000亿美元！</li></ul><p class=\"t-img-caption\"><span>RiverNorthPhotography/iStock未通过Getty Images发布</span></p></blockquote></p><p> <b>Introduction</b></p><p><blockquote><b>介绍</b></blockquote></p><p> My thesis is that Berkshire Hathaway(NYSE:BRK.A)(NYSE:BRK.B)is undervalued. CEO Warren Buffett has been taking advantage of this by buying back shares. He repurchased the equivalent of 80,998 “A” shares in 2020 which increased the ownership for existing shareholders by 5.2%. In the first half of this year, the 2Q2110-Qcash flow statement shows $12.6 billion in buybacks which is more than the $6.7 billion they spent in the first half of 2020. In some ways CEO Buffett can be reticent in terms of vocalizing things when the stock is cheap; his buyback actions speak louder than his words.</p><p><blockquote>我的论点是伯克希尔哈撒韦公司（纽约证券交易所股票代码：BRK.A）（纽约证券交易所股票代码：BRK.B）被低估。首席执行官沃伦·巴菲特一直在利用这一点回购股票。彼于二零二零年购回等值80,998股“A”股，使现有股东的所有权增加5.2%。今年上半年，2Q2110-Q现金流量表显示回购金额为126亿美元，高于2020年上半年的67亿美元。在某些方面，当股价便宜时，首席执行官巴菲特可能会保持沉默；他的回购行动胜于雄辩。</blockquote></p><p> Looking at the 2Q21 10-Q balance sheet, the first 5 lines are a big part of our valuation estimate:</p><p><blockquote>看看2021年第二季度10-Q资产负债表，前5行是我们估值估计的重要组成部分：</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/a8aafe372259b0d3a4c58271edd28993\" tg-width=\"600\" tg-height=\"772\" width=\"100%\" height=\"auto\"><span>Image Source: 2Q21 10-Q</span></p><p><blockquote><p class=\"t-img-caption\"><span>图片来源：2021年第二季度10-Q</span></p></blockquote></p><p> <b>BNSF $115 Billion</b></p><p><blockquote><b>BNSF 1150亿美元</b></blockquote></p><p> BNSF has many similarities to Union Pacific(NYSE:UNP)including the approximate level of debt to enterprise value. The 2Q21 Union Pacific10-Qshows 652,122,933 shares outstanding as of July 16, 2021. Their share price for June 30, 2021 was $219.93 implying a June 30th market cap of $143.4 billion. I believe the market cap of BNSF is at least 80% of Union Pacific’s or $115 billion.</p><p><blockquote>BNSF与联合太平洋公司（纽约证券交易所股票代码：UNP）有许多相似之处，包括债务与企业价值的大致水平。截至2021年7月16日，2021年第二季度联合太平洋10-Q显示已发行股票652,122,933股。他们2021年6月30日的股价为219.93美元，这意味着6月30日的市值为1434亿美元。我相信BNSF的市值至少是联合太平洋公司的80%，即1150亿美元。</blockquote></p><p> <b>Berkshire Hathaway Energy (“BHE”) $48.6 Billion</b></p><p><blockquote><b>伯克希尔哈撒韦能源公司（“BHE”）486亿美元</b></blockquote></p><p> We can use the prices at which BHE was repurchased for a valuation estimate but that information is getting dated. Per the BHE 2Q2110-Q, the last batch was during the first half of 2020 when 180,358 shares were repurchased for $126 million implying a share price of $698.61. The BHE 2Q21 10-Q shows 76,368,874 shares outstanding as of August 5, 2021, implying a market cap of $53.4 billion if the price from the first half of 2020 is still sound.</p><p><blockquote>我们可以使用BHE被回购的价格进行估值估计，但该信息已经过时。根据BHE 2Q2110-Q，最后一批是在2020年上半年，当时以1.26亿美元的价格回购了180,358股，这意味着股价为698.61美元。BHE 2021年第二季度10-Q显示，截至2021年8月5日，已发行股票为76,368,874股，如果2020年上半年的价格仍然合理，这意味着市值为534亿美元。</blockquote></p><p> Berkshire’s 2Q21 10-Q says they own 91.1% meaning non-controlling interests own the rest. In other words, Berkshire owns $48.6 billion and non-controlling interests own $4.8 billion.</p><p><blockquote>Berkshire的2021年第二季度10-Q表示，他们拥有91.1%的股份，这意味着非控股权益拥有其余股份。换句话说，伯克希尔拥有486亿美元，非控股权益拥有48亿美元。</blockquote></p><p> <b>Other Non-Insurance Subsidiaries $195 Billion</b></p><p><blockquote><b>其他非保险子公司1950亿美元</b></blockquote></p><p> The 2Q21 10-Q breaks down revenue and pre-tax earnings under Note 23, Business segment data:</p><p><blockquote>2021年第二季度10-Q在附注23“业务部门数据”中细分了收入和税前收益：</blockquote></p><p> <i>Image Source: 2Q21 10-Q</i></p><p><blockquote><i>图片来源：2021年第二季度10-Q</i></blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/2f01f33ed3856e8b1eff604acc2ebe65\" tg-width=\"600\" tg-height=\"522\" width=\"100%\" height=\"auto\"><span>Image Source: 2Q21 10-Q</span></p><p><blockquote><p class=\"t-img-caption\"><span>图片来源：2021年第二季度10-Q</span></p></blockquote></p><p> I like to use a pre-tax earnings multiple of 13 times for manufacturing, McLane and service/retailing. Their 1H21 pre-tax earnings were $5.2 billion, $0.2 billion and $2.1 billion, respectively. These numbers are a huge improvement over the first half of 2020! Summing them up and annualizing gives us $15 billion. Applying a multiple of 13 times brings us to $195 billion.</p><p><blockquote>我喜欢对制造业、麦克莱恩和服务/零售业使用13倍的税前市盈率。他们2021年上半年的税前收益分别为52亿美元、2亿美元和21亿美元。这些数字比2020年上半年有了巨大的进步！将它们相加并按年计算，我们将获得150亿美元。应用13倍的倍数，我们得到1950亿美元。</blockquote></p><p> Cash, T-bills &amp; Fixed Maturities $161.2 Billion</p><p><blockquote>现金、国库券和固定期限债券1,612亿美元</blockquote></p><p> This is the sum of the first 3 lines on the balance sheet which are $38.9 billion in cash and equivalents plus $101.8 billion in T-bills plus $20.5 billion in fixed maturities.</p><p><blockquote>这是资产负债表上前3行的总和，即389亿美元现金及等价物加上1,018亿美元国库券加上205亿美元固定期限债券。</blockquote></p><p> <b>Stocks $307.9 Billion</b></p><p><blockquote><b>股票3079亿美元</b></blockquote></p><p> Per the 4th line in the balance sheet, we have $307.9 billion in stocks. Apple(NASDAQ:AAPL)is by far the biggest part of this portfolio. The13Fthrough June 2021 shows $121.5 billion in Apple stock.</p><p><blockquote>根据资产负债表的第四行，我们有3079亿美元的股票。苹果（纳斯达克股票代码：AAPL）是迄今为止该投资组合中最大的部分。截至2021年6月的13F显示苹果股票价值1215亿美元。</blockquote></p><p> <b>Equity Method Investments $16.5 Billion</b></p><p><blockquote><b>权益法投资165亿美元</b></blockquote></p><p> The 5th line of the balance sheet shows $16.5 billion here. Note 5, Equity method investments, on the 2020 10-K showed that the carrying value of $13.3 billion for Kraft Heinz(NASDAQ:KHC)on the balance sheet was $2 billion higher than the fair value of $11.3 billion. However note 5 on the 2Q21 10-Q shows that the fair value went up to the same range as the carrying value so we don’t need to make any adjustments here.</p><p><blockquote>资产负债表的第五行显示165亿美元。2020年10-K的附注5“权益法投资”显示，卡夫亨氏（纳斯达克：KHC）在资产负债表上的账面价值为133亿美元，比公允价值113亿美元高出20亿美元。然而，2021年第二季度10-Q上的注释5显示，公允价值上升到与账面价值相同的范围，因此我们不需要在这里进行任何调整。</blockquote></p><p> <b>Deferred Tax Liability $(27) Billion</b></p><p><blockquote><b>递延税项负债(27)十亿美元</b></blockquote></p><p> Note 18, Income taxes, isn’t as detailed on the 10-Qs as on the 10-Ks. I’m sticking with the $27 billion net investment tax liability estimate used in my February 2021article.</p><p><blockquote>注18，所得税，在10-Q中不像在10-K中那样详细。我坚持2021年2月文章中使用的270亿美元净投资纳税义务估计。</blockquote></p><p> <b>Non-Controlling Interests $(3.6) Billion</b></p><p><blockquote><b>非控股权益(36亿)美元</b></blockquote></p><p> The balance sheet shows $8.4 billion in non-controlling interests but we attributed $4.8 billion to BHE investors. As such, there is another $3.6 billion or so of non-controlling interests outside of BHE.</p><p><blockquote>资产负债表显示非控股权益为84亿美元，但我们将48亿美元归因于BHE投资者。因此，BHE之外还有约36亿美元的非控股权益。</blockquote></p><p> <b>Other Considerations $0</b></p><p><blockquote><b>其他考虑因素$0</b></blockquote></p><p></p><p> I treat the insurance operations and the float liability as a wash. I can see why fastidious accountants aren’t crazy about this but I don’t think it makes a huge difference to the overall valuation whether or not these are broken out separately.</p><p><blockquote>我把保险业务和浮动负债视为一种浪费。我可以理解为什么挑剔的会计师对此并不着迷，但我认为无论这些是否单独细分，这对整体估值都不会产生巨大影响。</blockquote></p><p> <b>Valuation Chart</b></p><p><blockquote><b>估值图</b></blockquote></p><p> The 2Q21 says that on an equivalent Class A common stock basis, there were 1,511,229 shares outstanding as of June 30, 2021:</p><p><blockquote>2021年第二季度表示，截至2021年6月30日，按同等A类普通股计算，已发行股票为1,511,229股：</blockquote></p><p> <img src=\"https://static.tigerbbs.com/81717a4c648c5027fde69b68d33cf46f\" tg-width=\"814\" tg-height=\"695\" width=\"100%\" height=\"auto\"> <img src=\"https://static.tigerbbs.com/c490184d538a90c0980d497e3b964523\" tg-width=\"813\" tg-height=\"584\" width=\"100%\" height=\"auto\"> <table>  <tbody>   <tr></tr>  </tbody> </table> Here is a more visual interpretation:</p><p><blockquote><table><tbody><tr></tr></tbody></table>下面是一个更直观的解读：</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/d0183d76b73ebb2503f940ca5c3eec85\" tg-width=\"600\" tg-height=\"558\" width=\"100%\" height=\"auto\"><span>Image Source: Author’s spreadsheet</span></p><p><blockquote><p class=\"t-img-caption\"><span>图片来源：作者电子表格</span></p></blockquote></p><p> Of course the above chart is somewhere near the middle of my range. Rather than thinking about a valuation of $814 billion exactly, I think it could be approximately $50 billion higher or lower such that my range with round numbers to the nearest $5 billion is about $765 billion to $865 billion.</p><p><blockquote>当然，上面的图表在我的范围的中间附近。我没有准确地考虑8140亿美元的估值，而是认为它可能会高或低约500亿美元，因此我的整数范围约为7650亿美元至8650亿美元。</blockquote></p><p> Given the August 23rd (BRK.A) share price of $425,000, and the 1,511,229 class A share equivalents, the implied market cap is $642 billion. Seeing as the market cap is well below my valuation range, I think the stock is priced very reasonably for long-term investors.</p><p><blockquote>鉴于8月23日(BRK.A)股价为425,000美元，A类股等价物为1,511,229股，隐含市值为6,420亿美元。鉴于市值远低于我的估值范围，我认为该股的定价对于长期投资者来说非常合理。</blockquote></p><p> Some think it will be calamitous when CEO Buffett retires but he has built the company with a stable architecture that should hold up well for years to come.</p><p><blockquote>一些人认为首席执行官巴菲特退休后将是灾难性的，但他已经建立了一个稳定的架构，应该会在未来几年保持良好。</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>Berkshire Hathaway Remains Undervalued<blockquote>伯克希尔哈撒韦公司仍被低估</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\">\nBerkshire Hathaway Remains Undervalued<blockquote>伯克希尔哈撒韦公司仍被低估</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">seekingalpha</strong><span class=\"h-time small\">2021-08-24 23:10</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>CEO Warren Buffett has bought back a large number of shares in 2020 in the first half of 2021.</li>  <li>First half 2021 pre-tax operating earnings for manufacturing and service/retailing are up nicely over the first half of 2020.</li>  <li>The stock portfolio is now in excess of $300 billion!</li> </ul> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/3b1ec40867d5f48e0522635854570624\" tg-width=\"1536\" tg-height=\"1024\" width=\"100%\" height=\"auto\"><span>RiverNorthPhotography/iStock Unreleased via Getty Images</span></p><p><blockquote><ul><li>首席执行官沃伦·巴菲特已在2021年上半年回购了大量2020年股票。</li><li>2021年上半年制造业和服务业/零售业的税前营业收入较2020年上半年大幅增长。</li><li>股票投资组合现已超过3000亿美元！</li></ul><p class=\"t-img-caption\"><span>RiverNorthPhotography/iStock未通过Getty Images发布</span></p></blockquote></p><p> <b>Introduction</b></p><p><blockquote><b>介绍</b></blockquote></p><p> My thesis is that Berkshire Hathaway(NYSE:BRK.A)(NYSE:BRK.B)is undervalued. CEO Warren Buffett has been taking advantage of this by buying back shares. He repurchased the equivalent of 80,998 “A” shares in 2020 which increased the ownership for existing shareholders by 5.2%. In the first half of this year, the 2Q2110-Qcash flow statement shows $12.6 billion in buybacks which is more than the $6.7 billion they spent in the first half of 2020. In some ways CEO Buffett can be reticent in terms of vocalizing things when the stock is cheap; his buyback actions speak louder than his words.</p><p><blockquote>我的论点是伯克希尔哈撒韦公司（纽约证券交易所股票代码：BRK.A）（纽约证券交易所股票代码：BRK.B）被低估。首席执行官沃伦·巴菲特一直在利用这一点回购股票。彼于二零二零年购回等值80,998股“A”股，使现有股东的所有权增加5.2%。今年上半年，2Q2110-Q现金流量表显示回购金额为126亿美元，高于2020年上半年的67亿美元。在某些方面，当股价便宜时，首席执行官巴菲特可能会保持沉默；他的回购行动胜于雄辩。</blockquote></p><p> Looking at the 2Q21 10-Q balance sheet, the first 5 lines are a big part of our valuation estimate:</p><p><blockquote>看看2021年第二季度10-Q资产负债表，前5行是我们估值估计的重要组成部分：</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/a8aafe372259b0d3a4c58271edd28993\" tg-width=\"600\" tg-height=\"772\" width=\"100%\" height=\"auto\"><span>Image Source: 2Q21 10-Q</span></p><p><blockquote><p class=\"t-img-caption\"><span>图片来源：2021年第二季度10-Q</span></p></blockquote></p><p> <b>BNSF $115 Billion</b></p><p><blockquote><b>BNSF 1150亿美元</b></blockquote></p><p> BNSF has many similarities to Union Pacific(NYSE:UNP)including the approximate level of debt to enterprise value. The 2Q21 Union Pacific10-Qshows 652,122,933 shares outstanding as of July 16, 2021. Their share price for June 30, 2021 was $219.93 implying a June 30th market cap of $143.4 billion. I believe the market cap of BNSF is at least 80% of Union Pacific’s or $115 billion.</p><p><blockquote>BNSF与联合太平洋公司（纽约证券交易所股票代码：UNP）有许多相似之处，包括债务与企业价值的大致水平。截至2021年7月16日，2021年第二季度联合太平洋10-Q显示已发行股票652,122,933股。他们2021年6月30日的股价为219.93美元，这意味着6月30日的市值为1434亿美元。我相信BNSF的市值至少是联合太平洋公司的80%，即1150亿美元。</blockquote></p><p> <b>Berkshire Hathaway Energy (“BHE”) $48.6 Billion</b></p><p><blockquote><b>伯克希尔哈撒韦能源公司（“BHE”）486亿美元</b></blockquote></p><p> We can use the prices at which BHE was repurchased for a valuation estimate but that information is getting dated. Per the BHE 2Q2110-Q, the last batch was during the first half of 2020 when 180,358 shares were repurchased for $126 million implying a share price of $698.61. The BHE 2Q21 10-Q shows 76,368,874 shares outstanding as of August 5, 2021, implying a market cap of $53.4 billion if the price from the first half of 2020 is still sound.</p><p><blockquote>我们可以使用BHE被回购的价格进行估值估计，但该信息已经过时。根据BHE 2Q2110-Q，最后一批是在2020年上半年，当时以1.26亿美元的价格回购了180,358股，这意味着股价为698.61美元。BHE 2021年第二季度10-Q显示，截至2021年8月5日，已发行股票为76,368,874股，如果2020年上半年的价格仍然合理，这意味着市值为534亿美元。</blockquote></p><p> Berkshire’s 2Q21 10-Q says they own 91.1% meaning non-controlling interests own the rest. In other words, Berkshire owns $48.6 billion and non-controlling interests own $4.8 billion.</p><p><blockquote>Berkshire的2021年第二季度10-Q表示，他们拥有91.1%的股份，这意味着非控股权益拥有其余股份。换句话说，伯克希尔拥有486亿美元，非控股权益拥有48亿美元。</blockquote></p><p> <b>Other Non-Insurance Subsidiaries $195 Billion</b></p><p><blockquote><b>其他非保险子公司1950亿美元</b></blockquote></p><p> The 2Q21 10-Q breaks down revenue and pre-tax earnings under Note 23, Business segment data:</p><p><blockquote>2021年第二季度10-Q在附注23“业务部门数据”中细分了收入和税前收益：</blockquote></p><p> <i>Image Source: 2Q21 10-Q</i></p><p><blockquote><i>图片来源：2021年第二季度10-Q</i></blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/2f01f33ed3856e8b1eff604acc2ebe65\" tg-width=\"600\" tg-height=\"522\" width=\"100%\" height=\"auto\"><span>Image Source: 2Q21 10-Q</span></p><p><blockquote><p class=\"t-img-caption\"><span>图片来源：2021年第二季度10-Q</span></p></blockquote></p><p> I like to use a pre-tax earnings multiple of 13 times for manufacturing, McLane and service/retailing. Their 1H21 pre-tax earnings were $5.2 billion, $0.2 billion and $2.1 billion, respectively. These numbers are a huge improvement over the first half of 2020! Summing them up and annualizing gives us $15 billion. Applying a multiple of 13 times brings us to $195 billion.</p><p><blockquote>我喜欢对制造业、麦克莱恩和服务/零售业使用13倍的税前市盈率。他们2021年上半年的税前收益分别为52亿美元、2亿美元和21亿美元。这些数字比2020年上半年有了巨大的进步！将它们相加并按年计算，我们将获得150亿美元。应用13倍的倍数，我们得到1950亿美元。</blockquote></p><p> Cash, T-bills &amp; Fixed Maturities $161.2 Billion</p><p><blockquote>现金、国库券和固定期限债券1,612亿美元</blockquote></p><p> This is the sum of the first 3 lines on the balance sheet which are $38.9 billion in cash and equivalents plus $101.8 billion in T-bills plus $20.5 billion in fixed maturities.</p><p><blockquote>这是资产负债表上前3行的总和，即389亿美元现金及等价物加上1,018亿美元国库券加上205亿美元固定期限债券。</blockquote></p><p> <b>Stocks $307.9 Billion</b></p><p><blockquote><b>股票3079亿美元</b></blockquote></p><p> Per the 4th line in the balance sheet, we have $307.9 billion in stocks. Apple(NASDAQ:AAPL)is by far the biggest part of this portfolio. The13Fthrough June 2021 shows $121.5 billion in Apple stock.</p><p><blockquote>根据资产负债表的第四行，我们有3079亿美元的股票。苹果（纳斯达克股票代码：AAPL）是迄今为止该投资组合中最大的部分。截至2021年6月的13F显示苹果股票价值1215亿美元。</blockquote></p><p> <b>Equity Method Investments $16.5 Billion</b></p><p><blockquote><b>权益法投资165亿美元</b></blockquote></p><p> The 5th line of the balance sheet shows $16.5 billion here. Note 5, Equity method investments, on the 2020 10-K showed that the carrying value of $13.3 billion for Kraft Heinz(NASDAQ:KHC)on the balance sheet was $2 billion higher than the fair value of $11.3 billion. However note 5 on the 2Q21 10-Q shows that the fair value went up to the same range as the carrying value so we don’t need to make any adjustments here.</p><p><blockquote>资产负债表的第五行显示165亿美元。2020年10-K的附注5“权益法投资”显示，卡夫亨氏（纳斯达克：KHC）在资产负债表上的账面价值为133亿美元，比公允价值113亿美元高出20亿美元。然而，2021年第二季度10-Q上的注释5显示，公允价值上升到与账面价值相同的范围，因此我们不需要在这里进行任何调整。</blockquote></p><p> <b>Deferred Tax Liability $(27) Billion</b></p><p><blockquote><b>递延税项负债(27)十亿美元</b></blockquote></p><p> Note 18, Income taxes, isn’t as detailed on the 10-Qs as on the 10-Ks. I’m sticking with the $27 billion net investment tax liability estimate used in my February 2021article.</p><p><blockquote>注18，所得税，在10-Q中不像在10-K中那样详细。我坚持2021年2月文章中使用的270亿美元净投资纳税义务估计。</blockquote></p><p> <b>Non-Controlling Interests $(3.6) Billion</b></p><p><blockquote><b>非控股权益(36亿)美元</b></blockquote></p><p> The balance sheet shows $8.4 billion in non-controlling interests but we attributed $4.8 billion to BHE investors. As such, there is another $3.6 billion or so of non-controlling interests outside of BHE.</p><p><blockquote>资产负债表显示非控股权益为84亿美元，但我们将48亿美元归因于BHE投资者。因此，BHE之外还有约36亿美元的非控股权益。</blockquote></p><p> <b>Other Considerations $0</b></p><p><blockquote><b>其他考虑因素$0</b></blockquote></p><p></p><p> I treat the insurance operations and the float liability as a wash. I can see why fastidious accountants aren’t crazy about this but I don’t think it makes a huge difference to the overall valuation whether or not these are broken out separately.</p><p><blockquote>我把保险业务和浮动负债视为一种浪费。我可以理解为什么挑剔的会计师对此并不着迷，但我认为无论这些是否单独细分，这对整体估值都不会产生巨大影响。</blockquote></p><p> <b>Valuation Chart</b></p><p><blockquote><b>估值图</b></blockquote></p><p> The 2Q21 says that on an equivalent Class A common stock basis, there were 1,511,229 shares outstanding as of June 30, 2021:</p><p><blockquote>2021年第二季度表示，截至2021年6月30日，按同等A类普通股计算，已发行股票为1,511,229股：</blockquote></p><p> <img src=\"https://static.tigerbbs.com/81717a4c648c5027fde69b68d33cf46f\" tg-width=\"814\" tg-height=\"695\" width=\"100%\" height=\"auto\"> <img src=\"https://static.tigerbbs.com/c490184d538a90c0980d497e3b964523\" tg-width=\"813\" tg-height=\"584\" width=\"100%\" height=\"auto\"> <table>  <tbody>   <tr></tr>  </tbody> </table> Here is a more visual interpretation:</p><p><blockquote><table><tbody><tr></tr></tbody></table>下面是一个更直观的解读：</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/d0183d76b73ebb2503f940ca5c3eec85\" tg-width=\"600\" tg-height=\"558\" width=\"100%\" height=\"auto\"><span>Image Source: Author’s spreadsheet</span></p><p><blockquote><p class=\"t-img-caption\"><span>图片来源：作者电子表格</span></p></blockquote></p><p> Of course the above chart is somewhere near the middle of my range. Rather than thinking about a valuation of $814 billion exactly, I think it could be approximately $50 billion higher or lower such that my range with round numbers to the nearest $5 billion is about $765 billion to $865 billion.</p><p><blockquote>当然，上面的图表在我的范围的中间附近。我没有准确地考虑8140亿美元的估值，而是认为它可能会高或低约500亿美元，因此我的整数范围约为7650亿美元至8650亿美元。</blockquote></p><p> Given the August 23rd (BRK.A) share price of $425,000, and the 1,511,229 class A share equivalents, the implied market cap is $642 billion. Seeing as the market cap is well below my valuation range, I think the stock is priced very reasonably for long-term investors.</p><p><blockquote>鉴于8月23日(BRK.A)股价为425,000美元，A类股等价物为1,511,229股，隐含市值为6,420亿美元。鉴于市值远低于我的估值范围，我认为该股的定价对于长期投资者来说非常合理。</blockquote></p><p> Some think it will be calamitous when CEO Buffett retires but he has built the company with a stable architecture that should hold up well for years to come.</p><p><blockquote>一些人认为首席执行官巴菲特退休后将是灾难性的，但他已经建立了一个稳定的架构，应该会在未来几年保持良好。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://seekingalpha.com/article/4451491-berkshire-hathaway-remains-undervalued\">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":{"BRK.A":"伯克希尔","BRK.B":"伯克希尔B"},"source_url":"https://seekingalpha.com/article/4451491-berkshire-hathaway-remains-undervalued","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1147501136","content_text":"Summary\n\nCEO Warren Buffett has bought back a large number of shares in 2020 in the first half of 2021.\nFirst half 2021 pre-tax operating earnings for manufacturing and service/retailing are up nicely over the first half of 2020.\nThe stock portfolio is now in excess of $300 billion!\n\nRiverNorthPhotography/iStock Unreleased via Getty Images\nIntroduction\nMy thesis is that Berkshire Hathaway(NYSE:BRK.A)(NYSE:BRK.B)is undervalued. CEO Warren Buffett has been taking advantage of this by buying back shares. He repurchased the equivalent of 80,998 “A” shares in 2020 which increased the ownership for existing shareholders by 5.2%. In the first half of this year, the 2Q2110-Qcash flow statement shows $12.6 billion in buybacks which is more than the $6.7 billion they spent in the first half of 2020. In some ways CEO Buffett can be reticent in terms of vocalizing things when the stock is cheap; his buyback actions speak louder than his words.\nLooking at the 2Q21 10-Q balance sheet, the first 5 lines are a big part of our valuation estimate:\nImage Source: 2Q21 10-Q\nBNSF $115 Billion\nBNSF has many similarities to Union Pacific(NYSE:UNP)including the approximate level of debt to enterprise value. The 2Q21 Union Pacific10-Qshows 652,122,933 shares outstanding as of July 16, 2021. Their share price for June 30, 2021 was $219.93 implying a June 30th market cap of $143.4 billion. I believe the market cap of BNSF is at least 80% of Union Pacific’s or $115 billion.\nBerkshire Hathaway Energy (“BHE”) $48.6 Billion\nWe can use the prices at which BHE was repurchased for a valuation estimate but that information is getting dated. Per the BHE 2Q2110-Q, the last batch was during the first half of 2020 when 180,358 shares were repurchased for $126 million implying a share price of $698.61. The BHE 2Q21 10-Q shows 76,368,874 shares outstanding as of August 5, 2021, implying a market cap of $53.4 billion if the price from the first half of 2020 is still sound.\nBerkshire’s 2Q21 10-Q says they own 91.1% meaning non-controlling interests own the rest. In other words, Berkshire owns $48.6 billion and non-controlling interests own $4.8 billion.\nOther Non-Insurance Subsidiaries $195 Billion\nThe 2Q21 10-Q breaks down revenue and pre-tax earnings under Note 23, Business segment data:\nImage Source: 2Q21 10-Q\nImage Source: 2Q21 10-Q\nI like to use a pre-tax earnings multiple of 13 times for manufacturing, McLane and service/retailing. Their 1H21 pre-tax earnings were $5.2 billion, $0.2 billion and $2.1 billion, respectively. These numbers are a huge improvement over the first half of 2020! Summing them up and annualizing gives us $15 billion. Applying a multiple of 13 times brings us to $195 billion.\nCash, T-bills & Fixed Maturities $161.2 Billion\nThis is the sum of the first 3 lines on the balance sheet which are $38.9 billion in cash and equivalents plus $101.8 billion in T-bills plus $20.5 billion in fixed maturities.\nStocks $307.9 Billion\nPer the 4th line in the balance sheet, we have $307.9 billion in stocks. Apple(NASDAQ:AAPL)is by far the biggest part of this portfolio. The13Fthrough June 2021 shows $121.5 billion in Apple stock.\nEquity Method Investments $16.5 Billion\nThe 5th line of the balance sheet shows $16.5 billion here. Note 5, Equity method investments, on the 2020 10-K showed that the carrying value of $13.3 billion for Kraft Heinz(NASDAQ:KHC)on the balance sheet was $2 billion higher than the fair value of $11.3 billion. However note 5 on the 2Q21 10-Q shows that the fair value went up to the same range as the carrying value so we don’t need to make any adjustments here.\nDeferred Tax Liability $(27) Billion\nNote 18, Income taxes, isn’t as detailed on the 10-Qs as on the 10-Ks. I’m sticking with the $27 billion net investment tax liability estimate used in my February 2021article.\nNon-Controlling Interests $(3.6) Billion\nThe balance sheet shows $8.4 billion in non-controlling interests but we attributed $4.8 billion to BHE investors. As such, there is another $3.6 billion or so of non-controlling interests outside of BHE.\nOther Considerations $0\nI treat the insurance operations and the float liability as a wash. I can see why fastidious accountants aren’t crazy about this but I don’t think it makes a huge difference to the overall valuation whether or not these are broken out separately.\nValuation Chart\nThe 2Q21 says that on an equivalent Class A common stock basis, there were 1,511,229 shares outstanding as of June 30, 2021:\n\n\n\n\n\n\n\nHere is a more visual interpretation:\nImage Source: Author’s spreadsheet\nOf course the above chart is somewhere near the middle of my range. Rather than thinking about a valuation of $814 billion exactly, I think it could be approximately $50 billion higher or lower such that my range with round numbers to the nearest $5 billion is about $765 billion to $865 billion.\nGiven the August 23rd (BRK.A) share price of $425,000, and the 1,511,229 class A share equivalents, the implied market cap is $642 billion. Seeing as the market cap is well below my valuation range, I think the stock is priced very reasonably for long-term investors.\nSome think it will be calamitous when CEO Buffett retires but he has built the company with a stable architecture that should hold up well for years to come.","news_type":1,"symbols_score_info":{"BRK.A":0.9,"BRK.B":0.9}},"isVote":1,"tweetType":1,"viewCount":553,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":605610942,"gmtCreate":1639151048277,"gmtModify":1639151048519,"author":{"id":"4087442949550080","authorId":"4087442949550080","name":"Yuenyee","avatar":"https://static.tigerbbs.com/b7436f5c582213fe37305f2b9b1e9ab3","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4087442949550080","authorIdStr":"4087442949550080"},"themes":[],"htmlText":"👍","listText":"👍","text":"👍","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/605610942","repostId":"1173242614","repostType":4,"repost":{"id":"1173242614","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":1639149896,"share":"https://www.laohu8.com/m/news/1173242614?lang=zh_CN&edition=full","pubTime":"2021-12-10 23:24","market":"us","language":"en","title":"Microsoft stock jumped more than 2% in morning trading<blockquote>微软股价早盘上涨逾2%</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1173242614","media":"Tiger Newspress","summary":"Microsoft stock jumped more than 2% in morning trading as Microsoft set to win EU antitrust nod for ","content":"<p>Microsoft stock jumped more than 2% in morning trading&nbsp;as&nbsp;Microsoft set to win EU antitrust nod for $16 bln Nuance deal, sources said.</p><p><blockquote>消息人士称，由于微软将赢得欧盟反垄断机构对价值160亿美元的Nuance交易的认可，微软股价在早盘交易中上涨超过2%。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/f2b1206ee31bbf82c8f0f2186cf1d5d0\" tg-width=\"840\" tg-height=\"470\" width=\"100%\" height=\"auto\"></p><p><blockquote></blockquote></p><p> U.S. software giant Microsoft Corp&nbsp;is set to secure unconditional EU antitrust approval for its $16 billion bid for artificial intelligence and speech technology firm Nuance Communications Inc, people familiar with the matter said.</p><p><blockquote>知情人士称，美国软件巨头微软公司以160亿美元收购人工智能和语音技术公司Nuance Communications Inc的交易将获得欧盟反垄断机构的无条件批准。</blockquote></p><p> The deal, the latest in the tech industry, comes amid heightened regulatory scrutiny of takeovers by tech giants and acquisitions where nascent start-ups and potential rivals are shut down.</p><p><blockquote>这笔交易是科技行业的最新交易，正值监管机构对科技巨头的收购以及新生初创企业和潜在竞争对手被关闭的收购加强审查之际。</blockquote></p><p> Microsoft announced the deal in April which will boost its presence in cloud solutions for healthcare customers.</p><p><blockquote>微软在4月份宣布了这笔交易，这将提高其在医疗保健客户云解决方案领域的影响力。</blockquote></p><p> The U.S. software giant is currently in talks with the British antitrust agency ahead of filing a request for approval of the deal, the sources said.</p><p><blockquote>消息人士称，在提交批准该交易的请求之前，这家美国软件巨头目前正在与英国反垄断机构进行谈判。</blockquote></p><p> The European Commission, which is scheduled to decide on the deal by Dec. 21, declined to comment. Microsoft also declined to comment.</p><p><blockquote>欧盟委员会定于12月21日就该交易做出决定，但拒绝置评。微软也拒绝置评。</blockquote></p><p> The company is also in preliminary discussions with the UK antitrust agency CMA ahead of a formal request for approval of the deal, the sources said.</p><p><blockquote>消息人士称，在正式请求批准该交易之前，该公司还在与英国反垄断机构CMA进行初步讨论。</blockquote></p><p> The deal has already received the regulatory green light in the United States and Australia, without remedies given.</p><p><blockquote>该交易已经获得美国和澳大利亚监管机构的批准，但没有给出补救措施。</blockquote></p><p> Nuance, known for pioneering speech technology and helping launch Apple Inc's&nbsp;virtual assistant, Siri, serves 77% of U.S. hospitals.</p><p><blockquote>Nuance以开创语音技术和帮助推出苹果公司的虚拟助手Siri而闻名，为美国77%的医院提供服务。</blockquote></p><p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Microsoft stock jumped more than 2% in morning trading<blockquote>微软股价早盘上涨逾2%</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nMicrosoft stock jumped more than 2% in morning trading<blockquote>微软股价早盘上涨逾2%</blockquote>\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time smaller\">2021-12-10 23:24</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>Microsoft stock jumped more than 2% in morning trading&nbsp;as&nbsp;Microsoft set to win EU antitrust nod for $16 bln Nuance deal, sources said.</p><p><blockquote>消息人士称，由于微软将赢得欧盟反垄断机构对价值160亿美元的Nuance交易的认可，微软股价在早盘交易中上涨超过2%。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/f2b1206ee31bbf82c8f0f2186cf1d5d0\" tg-width=\"840\" tg-height=\"470\" width=\"100%\" height=\"auto\"></p><p><blockquote></blockquote></p><p> U.S. software giant Microsoft Corp&nbsp;is set to secure unconditional EU antitrust approval for its $16 billion bid for artificial intelligence and speech technology firm Nuance Communications Inc, people familiar with the matter said.</p><p><blockquote>知情人士称，美国软件巨头微软公司以160亿美元收购人工智能和语音技术公司Nuance Communications Inc的交易将获得欧盟反垄断机构的无条件批准。</blockquote></p><p> The deal, the latest in the tech industry, comes amid heightened regulatory scrutiny of takeovers by tech giants and acquisitions where nascent start-ups and potential rivals are shut down.</p><p><blockquote>这笔交易是科技行业的最新交易，正值监管机构对科技巨头的收购以及新生初创企业和潜在竞争对手被关闭的收购加强审查之际。</blockquote></p><p> Microsoft announced the deal in April which will boost its presence in cloud solutions for healthcare customers.</p><p><blockquote>微软在4月份宣布了这笔交易，这将提高其在医疗保健客户云解决方案领域的影响力。</blockquote></p><p> The U.S. software giant is currently in talks with the British antitrust agency ahead of filing a request for approval of the deal, the sources said.</p><p><blockquote>消息人士称，在提交批准该交易的请求之前，这家美国软件巨头目前正在与英国反垄断机构进行谈判。</blockquote></p><p> The European Commission, which is scheduled to decide on the deal by Dec. 21, declined to comment. Microsoft also declined to comment.</p><p><blockquote>欧盟委员会定于12月21日就该交易做出决定，但拒绝置评。微软也拒绝置评。</blockquote></p><p> The company is also in preliminary discussions with the UK antitrust agency CMA ahead of a formal request for approval of the deal, the sources said.</p><p><blockquote>消息人士称，在正式请求批准该交易之前，该公司还在与英国反垄断机构CMA进行初步讨论。</blockquote></p><p> The deal has already received the regulatory green light in the United States and Australia, without remedies given.</p><p><blockquote>该交易已经获得美国和澳大利亚监管机构的批准，但没有给出补救措施。</blockquote></p><p> Nuance, known for pioneering speech technology and helping launch Apple Inc's&nbsp;virtual assistant, Siri, serves 77% of U.S. hospitals.</p><p><blockquote>Nuance以开创语音技术和帮助推出苹果公司的虚拟助手Siri而闻名，为美国77%的医院提供服务。</blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"MSFT":"微软"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1173242614","content_text":"Microsoft stock jumped more than 2% in morning trading as Microsoft set to win EU antitrust nod for $16 bln Nuance deal, sources said.\n\nU.S. software giant Microsoft Corp is set to secure unconditional EU antitrust approval for its $16 billion bid for artificial intelligence and speech technology firm Nuance Communications Inc, people familiar with the matter said.\nThe deal, the latest in the tech industry, comes amid heightened regulatory scrutiny of takeovers by tech giants and acquisitions where nascent start-ups and potential rivals are shut down.\nMicrosoft announced the deal in April which will boost its presence in cloud solutions for healthcare customers.\nThe U.S. software giant is currently in talks with the British antitrust agency ahead of filing a request for approval of the deal, the sources said.\nThe European Commission, which is scheduled to decide on the deal by Dec. 21, declined to comment. Microsoft also declined to comment.\nThe company is also in preliminary discussions with the UK antitrust agency CMA ahead of a formal request for approval of the deal, the sources said.\nThe deal has already received the regulatory green light in the United States and Australia, without remedies given.\nNuance, known for pioneering speech technology and helping launch Apple Inc's virtual assistant, Siri, serves 77% of U.S. hospitals.","news_type":1,"symbols_score_info":{"MSFT":0.9}},"isVote":1,"tweetType":1,"viewCount":2460,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":601095789,"gmtCreate":1638458199825,"gmtModify":1638458199915,"author":{"id":"4087442949550080","authorId":"4087442949550080","name":"Yuenyee","avatar":"https://static.tigerbbs.com/b7436f5c582213fe37305f2b9b1e9ab3","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4087442949550080","authorIdStr":"4087442949550080"},"themes":[],"htmlText":"😭","listText":"😭","text":"😭","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/601095789","repostId":"1115803962","repostType":4,"repost":{"id":"1115803962","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":1638457339,"share":"https://www.laohu8.com/m/news/1115803962?lang=zh_CN&edition=full","pubTime":"2021-12-02 23:02","market":"us","language":"en","title":"The three US EV giant fell in early trading<blockquote>美国电动汽车三巨头早盘下跌</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1115803962","media":"Tiger Newspress","summary":"The three US EV giant fell in early trading.Tesla,Rivian and Lucid dropped between 1% and 3%.","content":"<p>The three US EV giant fell in early trading.Tesla,Rivian and Lucid dropped between 1% and 3%.</p><p><blockquote>美国电动汽车三巨头早盘下跌。特斯拉、Rivian和Lucid跌幅在1%至3%之间。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/c493eddba2457a511fe89f2f4dc415cc\" tg-width=\"405\" tg-height=\"179\" 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>The three US EV giant fell in early trading<blockquote>美国电动汽车三巨头早盘下跌</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nThe three US EV giant fell in early trading<blockquote>美国电动汽车三巨头早盘下跌</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\">2021-12-02 23:02</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>The three US EV giant fell in early trading.Tesla,Rivian and Lucid dropped between 1% and 3%.</p><p><blockquote>美国电动汽车三巨头早盘下跌。特斯拉、Rivian和Lucid跌幅在1%至3%之间。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/c493eddba2457a511fe89f2f4dc415cc\" tg-width=\"405\" tg-height=\"179\" 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":{"TSLA":"特斯拉","LCID":"Lucid Group Inc","RIVN":"Rivian Automotive, Inc."},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1115803962","content_text":"The three US EV giant fell in early trading.Tesla,Rivian and Lucid dropped between 1% and 3%.","news_type":1,"symbols_score_info":{"LCID":0.9,"TSLA":0.9,"RIVN":0.9}},"isVote":1,"tweetType":1,"viewCount":2374,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":872308109,"gmtCreate":1637412290763,"gmtModify":1637412290885,"author":{"id":"4087442949550080","authorId":"4087442949550080","name":"Yuenyee","avatar":"https://static.tigerbbs.com/b7436f5c582213fe37305f2b9b1e9ab3","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4087442949550080","authorIdStr":"4087442949550080"},"themes":[],"htmlText":"👍","listText":"👍","text":"👍","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/872308109","repostId":"1184986621","repostType":4,"repost":{"id":"1184986621","kind":"news","pubTimestamp":1637382486,"share":"https://www.laohu8.com/m/news/1184986621?lang=zh_CN&edition=full","pubTime":"2021-11-20 12:28","market":"us","language":"en","title":"Why United Airlines Stock Is Losing Altitude Today<blockquote>为什么联合航空股价今天正在下跌</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1184986621","media":"Motley Fool","summary":"Key Points\nUnited Airlines, among the U.S. carriers most reliant on international travel, is leading","content":"<p><b>Key Points</b></p><p><blockquote><b>要点</b></blockquote></p><p> United Airlines, among the U.S. carriers most reliant on international travel, is leading the sector down on Friday.</p><p><blockquote>联合航空是最依赖国际旅行的美国航空公司之一，周五领跌该行业。</blockquote></p><p> Bad news out of Austria and Germany and an uptick in hospitalizations in parts of the U.S. are leading to concerns the vaccine-powered reopening will not hold.What happened</p><p><blockquote>来自奥地利和德国的坏消息以及美国部分地区住院人数的上升引发了人们对疫苗驱动的重新开放将无法持续的担忧。发生了什么</blockquote></p><p> The latest headlines concerning the pandemic are largely negative, and airline stocks are under pressure as a result. Shares of&nbsp;<a href=\"https://laohu8.com/S/UAL\"><b>United Airlines Holdings</b>&nbsp;</a>&nbsp;down nearly 3% on Friday.</p><p><blockquote>有关疫情的最新头条新闻大多是负面的，航空股因此面临压力。本公司之股份<a href=\"https://laohu8.com/S/UAL\"><b>联合航空控股公司</b> </a>周五下跌近3%。</blockquote></p><p> <b>So what</b></p><p><blockquote><b>那又怎样</b></blockquote></p><p> Airline stockswere hit hard during the pandemic, as travel restrictions and lockdowns largely eliminated demand for travel. We've seen a gradual recovery in the sector as the global economy has pushed to reopen, but the airlines are still by and large losing money and in a fragile state.</p><p><blockquote>由于旅行限制和封锁在很大程度上消除了旅行需求，航空公司股票在大流行期间遭受重创。随着全球经济推动重新开放，我们看到该行业逐渐复苏，但航空公司总体上仍在亏损，处于脆弱状态。</blockquote></p><p> Given the tenuous nature of the recovery, investors have been skittish during periods when the news flow about the pandemic turns negative. That's the case on Friday, with the markets processing news that Austria will impose a full national lockdown starting Monday in response to rising COVID-19 cases.&nbsp;Germany is also planning new restrictions, and in the U.S. there is an uptick in hospitalizations.</p><p><blockquote>鉴于复苏的脆弱性质，当有关疫情的消息转为负面时，投资者会感到不安。周五的情况就是如此，市场正在处理奥地利将从周一开始实施全面全国封锁的消息，以应对不断上升的新冠肺炎病例。德国也在计划新的限制措施，美国的住院人数也在上升。</blockquote></p><p> The latest headlines threaten the narrative that as the vaccine becomes more widespread, the pandemic will move to the background. That would be bad news for airline stocks, and the sector is trading off as a response.</p><p><blockquote>最新的头条新闻威胁到这样一种说法，即随着疫苗变得越来越普遍，疫情将退居幕后。这对航空股来说是个坏消息，该行业正在进行交易作为回应。</blockquote></p><p> <b>Now what</b></p><p><blockquote><b>现在怎么办</b></blockquote></p><p> The concern is hardly limited to United, but given United's historical place as one of the airlines most reliant on international fares it is understandable that investors are particularly concerned about it in light of the latest news. When times are good, United's international reach is the envy of the industry, but in times like this when new border restrictions are possible United is arguably poorly positioned to succeed.</p><p><blockquote>这种担忧不仅限于美联航，但鉴于美联航作为最依赖国际票价的航空公司之一的历史地位，鉴于最新消息，投资者对此特别担忧是可以理解的。当情况好的时候，美联航的国际影响力是业界羡慕的，但在这样的时期，当新的边境限制可能出现时，美联航可以说不太可能取得成功。</blockquote></p><p> It is too soon to say what will become of this latest COVID-19 wave, or how bad it will get, but there isn't much evidence right now to support a bull case built around a quick turnaround. For those willing to ride out the turbulence I'd favor&nbsp;<b>Delta Air Lines</b>, which has a better mix of domestic and international exposure, a solid balance sheet, and fewer labor concerns than other airlines.</p><p><blockquote>现在说最新的新冠肺炎浪潮会发生什么，或者会变得有多糟糕还为时过早，但目前没有太多证据支持围绕快速好转建立的牛市案例。对于那些愿意安然度过动荡的人，我会支持<b>达美航空</b>与其他航空公司相比，该公司拥有更好的国内和国际风险组合、稳健的资产负债表以及更少的劳动力担忧。</blockquote></p><p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Why United Airlines Stock Is Losing Altitude Today<blockquote>为什么联合航空股价今天正在下跌</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhy United Airlines Stock Is Losing Altitude Today<blockquote>为什么联合航空股价今天正在下跌</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Motley Fool</strong><span class=\"h-time small\">2021-11-20 12:28</span>\n</p>\n</h4>\n</header>\n<article>\n<p><b>Key Points</b></p><p><blockquote><b>要点</b></blockquote></p><p> United Airlines, among the U.S. carriers most reliant on international travel, is leading the sector down on Friday.</p><p><blockquote>联合航空是最依赖国际旅行的美国航空公司之一，周五领跌该行业。</blockquote></p><p> Bad news out of Austria and Germany and an uptick in hospitalizations in parts of the U.S. are leading to concerns the vaccine-powered reopening will not hold.What happened</p><p><blockquote>来自奥地利和德国的坏消息以及美国部分地区住院人数的上升引发了人们对疫苗驱动的重新开放将无法持续的担忧。发生了什么</blockquote></p><p> The latest headlines concerning the pandemic are largely negative, and airline stocks are under pressure as a result. Shares of&nbsp;<a href=\"https://laohu8.com/S/UAL\"><b>United Airlines Holdings</b>&nbsp;</a>&nbsp;down nearly 3% on Friday.</p><p><blockquote>有关疫情的最新头条新闻大多是负面的，航空股因此面临压力。本公司之股份<a href=\"https://laohu8.com/S/UAL\"><b>联合航空控股公司</b> </a>周五下跌近3%。</blockquote></p><p> <b>So what</b></p><p><blockquote><b>那又怎样</b></blockquote></p><p> Airline stockswere hit hard during the pandemic, as travel restrictions and lockdowns largely eliminated demand for travel. We've seen a gradual recovery in the sector as the global economy has pushed to reopen, but the airlines are still by and large losing money and in a fragile state.</p><p><blockquote>由于旅行限制和封锁在很大程度上消除了旅行需求，航空公司股票在大流行期间遭受重创。随着全球经济推动重新开放，我们看到该行业逐渐复苏，但航空公司总体上仍在亏损，处于脆弱状态。</blockquote></p><p> Given the tenuous nature of the recovery, investors have been skittish during periods when the news flow about the pandemic turns negative. That's the case on Friday, with the markets processing news that Austria will impose a full national lockdown starting Monday in response to rising COVID-19 cases.&nbsp;Germany is also planning new restrictions, and in the U.S. there is an uptick in hospitalizations.</p><p><blockquote>鉴于复苏的脆弱性质，当有关疫情的消息转为负面时，投资者会感到不安。周五的情况就是如此，市场正在处理奥地利将从周一开始实施全面全国封锁的消息，以应对不断上升的新冠肺炎病例。德国也在计划新的限制措施，美国的住院人数也在上升。</blockquote></p><p> The latest headlines threaten the narrative that as the vaccine becomes more widespread, the pandemic will move to the background. That would be bad news for airline stocks, and the sector is trading off as a response.</p><p><blockquote>最新的头条新闻威胁到这样一种说法，即随着疫苗变得越来越普遍，疫情将退居幕后。这对航空股来说是个坏消息，该行业正在进行交易作为回应。</blockquote></p><p> <b>Now what</b></p><p><blockquote><b>现在怎么办</b></blockquote></p><p> The concern is hardly limited to United, but given United's historical place as one of the airlines most reliant on international fares it is understandable that investors are particularly concerned about it in light of the latest news. When times are good, United's international reach is the envy of the industry, but in times like this when new border restrictions are possible United is arguably poorly positioned to succeed.</p><p><blockquote>这种担忧不仅限于美联航，但鉴于美联航作为最依赖国际票价的航空公司之一的历史地位，鉴于最新消息，投资者对此特别担忧是可以理解的。当情况好的时候，美联航的国际影响力是业界羡慕的，但在这样的时期，当新的边境限制可能出现时，美联航可以说不太可能取得成功。</blockquote></p><p> It is too soon to say what will become of this latest COVID-19 wave, or how bad it will get, but there isn't much evidence right now to support a bull case built around a quick turnaround. For those willing to ride out the turbulence I'd favor&nbsp;<b>Delta Air Lines</b>, which has a better mix of domestic and international exposure, a solid balance sheet, and fewer labor concerns than other airlines.</p><p><blockquote>现在说最新的新冠肺炎浪潮会发生什么，或者会变得有多糟糕还为时过早，但目前没有太多证据支持围绕快速好转建立的牛市案例。对于那些愿意安然度过动荡的人，我会支持<b>达美航空</b>与其他航空公司相比，该公司拥有更好的国内和国际风险组合、稳健的资产负债表以及更少的劳动力担忧。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.fool.com/investing/2021/11/19/why-united-airlines-stock-is-losing-altitude-today/\">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":{"UAL":"联合大陆航空"},"source_url":"https://www.fool.com/investing/2021/11/19/why-united-airlines-stock-is-losing-altitude-today/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1184986621","content_text":"Key Points\nUnited Airlines, among the U.S. carriers most reliant on international travel, is leading the sector down on Friday.\nBad news out of Austria and Germany and an uptick in hospitalizations in parts of the U.S. are leading to concerns the vaccine-powered reopening will not hold.What happened\nThe latest headlines concerning the pandemic are largely negative, and airline stocks are under pressure as a result. Shares of United Airlines Holdings  down nearly 3% on Friday.\nSo what\nAirline stockswere hit hard during the pandemic, as travel restrictions and lockdowns largely eliminated demand for travel. We've seen a gradual recovery in the sector as the global economy has pushed to reopen, but the airlines are still by and large losing money and in a fragile state.\nGiven the tenuous nature of the recovery, investors have been skittish during periods when the news flow about the pandemic turns negative. That's the case on Friday, with the markets processing news that Austria will impose a full national lockdown starting Monday in response to rising COVID-19 cases. Germany is also planning new restrictions, and in the U.S. there is an uptick in hospitalizations.\nThe latest headlines threaten the narrative that as the vaccine becomes more widespread, the pandemic will move to the background. That would be bad news for airline stocks, and the sector is trading off as a response.\nNow what\nThe concern is hardly limited to United, but given United's historical place as one of the airlines most reliant on international fares it is understandable that investors are particularly concerned about it in light of the latest news. When times are good, United's international reach is the envy of the industry, but in times like this when new border restrictions are possible United is arguably poorly positioned to succeed.\nIt is too soon to say what will become of this latest COVID-19 wave, or how bad it will get, but there isn't much evidence right now to support a bull case built around a quick turnaround. For those willing to ride out the turbulence I'd favor Delta Air Lines, which has a better mix of domestic and international exposure, a solid balance sheet, and fewer labor concerns than other airlines.","news_type":1,"symbols_score_info":{"UAL":0.9}},"isVote":1,"tweetType":1,"viewCount":2058,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":884706995,"gmtCreate":1631930973117,"gmtModify":1632805267810,"author":{"id":"4087442949550080","authorId":"4087442949550080","name":"Yuenyee","avatar":"https://static.tigerbbs.com/b7436f5c582213fe37305f2b9b1e9ab3","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4087442949550080","authorIdStr":"4087442949550080"},"themes":[],"htmlText":"👍","listText":"👍","text":"👍","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/884706995","repostId":"2168246571","repostType":4,"isVote":1,"tweetType":1,"viewCount":364,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":819160929,"gmtCreate":1630045344861,"gmtModify":1704955105017,"author":{"id":"4087442949550080","authorId":"4087442949550080","name":"Yuenyee","avatar":"https://static.tigerbbs.com/b7436f5c582213fe37305f2b9b1e9ab3","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4087442949550080","authorIdStr":"4087442949550080"},"themes":[],"htmlText":"👍","listText":"👍","text":"👍","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/819160929","repostId":"2162010248","repostType":4,"isVote":1,"tweetType":1,"viewCount":460,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}