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2021-09-09

Cool

抱歉，原内容已删除

2021-08-01

Ok

BofA Says Interest Rates Are at 5,000-Year Low<blockquote>美国银行称利率处于5000年来的低点</blockquote>

2021-08-01

Interesting

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2021-07-31

[微笑] [微笑]

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2021-07-31

Ok

Jim Cramer: Robinhood's IPO Debacle Shows How Little Has Changed Over the Decades<blockquote>吉姆·克莱默：Robinhood的IPO惨败表明几十年来变化很小</blockquote>

2021-07-29

Interesting

Have we reached peak Apple? Some say the company is just getting started<blockquote>我们达到峰值苹果了吗？有人说公司才刚刚起步</blockquote>

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Bank of America says interest rates are at a 5,000-year low and recommends holding quality, defensive stocks for the rest of the year.</p><p><blockquote>美国银行说，在未来5000年的某个时候，利率将会上升，但华尔街并不担心这种情况会很快发生。美国银行表示，利率处于5000年来的低点，并建议在今年剩余时间内持有优质防御性股票。</blockquote></p><p> The interest-rate calculation comes from BofA’s own data, the Bank of England, Global Financial Data and the 2005 book “A History of Interest Rates.”</p><p><blockquote>利率计算来自美国银行自己的数据、英格兰银行、全球金融数据和2005年的《利率史》一书。</blockquote></p><p> “Central banks are keeping global interest rates at 5,000 year lows,” wrote BofA&nbsp; Chief Investment Strategist Michael Hartnett. “At some point in the next 5,000 years, rates will rise, but there is no fear on Wall Street that this happens anytime soon.”</p><p><blockquote>美国银行首席投资策略师Michael Hartnett写道：“各国央行正在将全球利率维持在5000年来的低点。”“在未来5000年的某个时候，利率将会上升，但华尔街并不担心这种情况会很快发生。”</blockquote></p><p> The message of this week’s FOMC meeting was \"we will let it [the economy] run hot, [represents an] ok for inflation to be not-so-transitory,” he said.</p><p><blockquote>他表示，本周FOMC会议传达的信息是“我们将让[经济]过热，[代表]通胀不会那么短暂”。</blockquote></p><p> “The market reaction will be [to push] the U.S. dollar down and U.S. Treasury yields up. Commodities will remain bid, and there will be a rotation to emerging market stocks and bonds.”</p><p><blockquote>“市场的反应将是（推动）美元下跌，美国国债收益率上升。大宗商品将保持出价，并将轮动到新兴市场股票和债券。”</blockquote></p><p> Hartnett also sees a “preference for quality and defensive stocks, driven by inflation causing growth and EPS estimates to fall. The U.S. consumer has peaked.”</p><p><blockquote>Hartnett还认为，“在通胀导致增长和每股收益预期下降的推动下，人们对优质和防御性股票的偏好。美国消费者已经见顶。”</blockquote></p><p> As for BofA’s advice, it recommends owning “defensive, quality stocks in the second half, … as policy flip-flops will end in a market correction,” Hartnett says.</p><p><blockquote>至于美国银行的建议，它建议“在下半年持有防御性的优质股票……因为政策转变将以市场调整告终，”哈特尼特表示。</blockquote></p><p> BofA favors defensive stocks in vaccinated markets, such as the U.S. and European Union. And it likes cyclical reopening stocks in markets with “vaccine-upside, i.e. Japan, China and emerging markets.”</p><p><blockquote>美国银行青睐美国和欧盟等已接种疫苗市场的防御性股票。它喜欢具有“疫苗上涨空间的市场，即日本、中国和新兴市场”的周期性重新开放股票。</blockquote></p><p> U.S. stocks are falling Friday, as investors weigh concerns about the spread of the COVID-19 Delta variant and disappointing results from online retail giant Amazon (AMZN).</p><p><blockquote>由于投资者权衡对COVID-19德尔塔变异毒株蔓延的担忧以及在线零售巨头亚马逊(AMZN)令人失望的业绩，美国股市周五下跌。</blockquote></p><p></p>","source":"lsy1610613172068","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>BofA Says Interest Rates Are at 5,000-Year Low<blockquote>美国银行称利率处于5000年来的低点</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\">\nBofA Says Interest Rates Are at 5,000-Year Low<blockquote>美国银行称利率处于5000年来的低点</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">The Street</strong><span class=\"h-time small\">2021-07-31 07:46</span>\n</p>\n</h4>\n</header>\n<article>\n<p>  'At some point in the next 5,000 years, rates will rise, but there is no fear on Wall Street that this happens anytime soon,' BofA says.  Bank of America says interest rates are at a 5,000-year low and recommends holding quality, defensive stocks for the rest of the year.</p><p><blockquote>美国银行说，在未来5000年的某个时候，利率将会上升，但华尔街并不担心这种情况会很快发生。美国银行表示，利率处于5000年来的低点，并建议在今年剩余时间内持有优质防御性股票。</blockquote></p><p> The interest-rate calculation comes from BofA’s own data, the Bank of England, Global Financial Data and the 2005 book “A History of Interest Rates.”</p><p><blockquote>利率计算来自美国银行自己的数据、英格兰银行、全球金融数据和2005年的《利率史》一书。</blockquote></p><p> “Central banks are keeping global interest rates at 5,000 year lows,” wrote BofA&nbsp; Chief Investment Strategist Michael Hartnett. “At some point in the next 5,000 years, rates will rise, but there is no fear on Wall Street that this happens anytime soon.”</p><p><blockquote>美国银行首席投资策略师Michael Hartnett写道：“各国央行正在将全球利率维持在5000年来的低点。”“在未来5000年的某个时候，利率将会上升，但华尔街并不担心这种情况会很快发生。”</blockquote></p><p> The message of this week’s FOMC meeting was \"we will let it [the economy] run hot, [represents an] ok for inflation to be not-so-transitory,” he said.</p><p><blockquote>他表示，本周FOMC会议传达的信息是“我们将让[经济]过热，[代表]通胀不会那么短暂”。</blockquote></p><p> “The market reaction will be [to push] the U.S. dollar down and U.S. Treasury yields up. Commodities will remain bid, and there will be a rotation to emerging market stocks and bonds.”</p><p><blockquote>“市场的反应将是（推动）美元下跌，美国国债收益率上升。大宗商品将保持出价，并将轮动到新兴市场股票和债券。”</blockquote></p><p> Hartnett also sees a “preference for quality and defensive stocks, driven by inflation causing growth and EPS estimates to fall. The U.S. consumer has peaked.”</p><p><blockquote>Hartnett还认为，“在通胀导致增长和每股收益预期下降的推动下，人们对优质和防御性股票的偏好。美国消费者已经见顶。”</blockquote></p><p> As for BofA’s advice, it recommends owning “defensive, quality stocks in the second half, … as policy flip-flops will end in a market correction,” Hartnett says.</p><p><blockquote>至于美国银行的建议，它建议“在下半年持有防御性的优质股票……因为政策转变将以市场调整告终，”哈特尼特表示。</blockquote></p><p> BofA favors defensive stocks in vaccinated markets, such as the U.S. and European Union. And it likes cyclical reopening stocks in markets with “vaccine-upside, i.e. Japan, China and emerging markets.”</p><p><blockquote>美国银行青睐美国和欧盟等已接种疫苗市场的防御性股票。它喜欢具有“疫苗上涨空间的市场，即日本、中国和新兴市场”的周期性重新开放股票。</blockquote></p><p> U.S. stocks are falling Friday, as investors weigh concerns about the spread of the COVID-19 Delta variant and disappointing results from online retail giant Amazon (AMZN).</p><p><blockquote>由于投资者权衡对COVID-19德尔塔变异毒株蔓延的担忧以及在线零售巨头亚马逊(AMZN)令人失望的业绩，美国股市周五下跌。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.thestreet.com/investing/b-of-a-interest-rates-5000-year-\">The Street</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SPY":"标普500ETF",".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index",".DJI":"道琼斯"},"source_url":"https://www.thestreet.com/investing/b-of-a-interest-rates-5000-year-","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1125426477","content_text":"'At some point in the next 5,000 years, rates will rise, but there is no fear on Wall Street that this happens anytime soon,' BofA says.\n\nBank of America says interest rates are at a 5,000-year low and recommends holding quality, defensive stocks for the rest of the year.\nThe interest-rate calculation comes from BofA’s own data, the Bank of England, Global Financial Data and the 2005 book “A History of Interest Rates.”\n“Central banks are keeping global interest rates at 5,000 year lows,” wrote BofA  Chief Investment Strategist Michael Hartnett. “At some point in the next 5,000 years, rates will rise, but there is no fear on Wall Street that this happens anytime soon.”\nThe message of this week’s FOMC meeting was \"we will let it [the economy] run hot, [represents an] ok for inflation to be not-so-transitory,” he said.\n“The market reaction will be [to push] the U.S. dollar down and U.S. Treasury yields up. Commodities will remain bid, and there will be a rotation to emerging market stocks and bonds.”\nHartnett also sees a “preference for quality and defensive stocks, driven by inflation causing growth and EPS estimates to fall. The U.S. consumer has peaked.”\nAs for BofA’s advice, it recommends owning “defensive, quality stocks in the second half, … as policy flip-flops will end in a market correction,” Hartnett says.\nBofA favors defensive stocks in vaccinated markets, such as the U.S. and European Union. And it likes cyclical reopening stocks in markets with “vaccine-upside, i.e. Japan, China and emerging markets.”\nU.S. stocks are falling Friday, as investors weigh concerns about the spread of the COVID-19 Delta variant and disappointing results from online retail giant Amazon (AMZN).","news_type":1,"symbols_score_info":{".DJI":0.9,".IXIC":0.9,".SPX":0.9,"SPY":0.9}},"isVote":1,"tweetType":1,"viewCount":1641,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":802727573,"gmtCreate":1627811579492,"gmtModify":1633756184546,"author":{"id":"4089279707525330","authorId":"4089279707525330","name":"chong189","avatar":"https://static.tigerbbs.com/9e54877e37a14aa4940efa52e3a31fe4","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4089279707525330","authorIdStr":"4089279707525330"},"themes":[],"htmlText":"Interesting","listText":"Interesting","text":"Interesting","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/802727573","repostId":"1122171439","repostType":4,"isVote":1,"tweetType":1,"viewCount":1811,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":802306817,"gmtCreate":1627713566439,"gmtModify":1633756855221,"author":{"id":"4089279707525330","authorId":"4089279707525330","name":"chong189","avatar":"https://static.tigerbbs.com/9e54877e37a14aa4940efa52e3a31fe4","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4089279707525330","authorIdStr":"4089279707525330"},"themes":[],"htmlText":"[微笑]&nbsp;[微笑]&nbsp;","listText":"[微笑]&nbsp;[微笑]&nbsp;","text":"[微笑] [微笑]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/802306817","repostId":"1121501806","repostType":4,"isVote":1,"tweetType":1,"viewCount":1834,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":802308209,"gmtCreate":1627713508501,"gmtModify":1633756855788,"author":{"id":"4089279707525330","authorId":"4089279707525330","name":"chong189","avatar":"https://static.tigerbbs.com/9e54877e37a14aa4940efa52e3a31fe4","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4089279707525330","authorIdStr":"4089279707525330"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/802308209","repostId":"1152039134","repostType":4,"repost":{"id":"1152039134","kind":"news","pubTimestamp":1627689014,"share":"https://www.laohu8.com/m/news/1152039134?lang=zh_CN&edition=full","pubTime":"2021-07-31 07:50","market":"us","language":"en","title":"Jim Cramer: Robinhood's IPO Debacle Shows How Little Has Changed Over the Decades<blockquote>吉姆·克莱默：Robinhood的IPO惨败表明几十年来变化很小</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1152039134","media":"The Street","summary":"Take it from a guy who knows, the process is really flawed.\n\nWhat should Robinhood (HOOD) -Get Repor","content":"<p>  Take it from a guy who knows, the process is really flawed.  What should Robinhood&nbsp;(<b>HOOD</b>) -Get Report&nbsp;have done to avoid the IPO debacle?</p><p><blockquote>听一个知道的人说，这个过程真的有缺陷。罗宾汉应该做什么（<b>发动机罩</b>)-获取报告为避免IPO失败做了哪些工作？</blockquote></p><p> I can't speak to what happened on Thursday, who was in charge, who argued for what.</p><p><blockquote>我不能说周四发生了什么，谁是负责人，谁为什么辩护。</blockquote></p><p> I can only tell you what I argued for 22 years ago whenTheStreet.comwas coming public. First, as the founder, I was determined to award all the subscribers with stock to demonstrate my loyalty to them.</p><p><blockquote>我只能告诉你22年前TheStreet.com上市时我争论了什么。首先，作为创始人，我决心用股票奖励所有订阅者，以表明我对他们的忠诚。</blockquote></p><p> Second, I was insistent that the deal be priced much lower than the underwriters wanted. We had already made a ton of money for initial investors. Why not leave a lot on the table and let the new investors do well?</p><p><blockquote>其次，我坚持认为这笔交易的定价要比承销商想要的低得多。我们已经为初始投资者赚了一大笔钱。为什么不把很多留在桌面上，让新投资者做好呢？</blockquote></p><p> Third, I wanted enough stock placed with good hands that there would be no flippers and I wanted close coordination with the various brokers who tended to infiltrate the process and hijack the openings by batching market orders and opening the stocks way too high and then shorting them all the way down.</p><p><blockquote>第三，我希望有足够多的股票交给好人，这样就不会有脚蹼，我希望与各种经纪人密切协调，这些经纪人往往会渗透到流程中，通过批量市场订单、开仓过高然后做空股票来劫持开盘。一路下跌。</blockquote></p><p> I lost on every single point.</p><p><blockquote>我在每一点上都输了。</blockquote></p><p> The underwriters said we could not allocate to subscribers.</p><p><blockquote>承销商说我们不能分配给认购者。</blockquote></p><p> Second, the price of the deal would not be controlled to where we could have a small pop so everyone would win.</p><p><blockquote>第二，交易的价格不会被控制在我们可以有一个小的流行，这样每个人都会赢。</blockquote></p><p> Third, the over-the-transom orders, those who placed market orders, were batched by an outfit called Knight Securities, not the underwriter, Goldman Sachs, and it opened at $62 -- it wasn't even clear what the opening price was it was so chaotic -- traded to $66, like how Robinhood traded to $39 and change, and then never traded higher.</p><p><blockquote>第三，场外订单，即那些下市价订单的人，是由一家名为Knight Securities的机构分批的，而不是承销商高盛，开盘价是62美元——甚至不清楚开盘价是多少，太混乱了——交易到66美元，就像Robinhood交易到39美元然后改变，然后再也没有交易更高。</blockquote></p><p> Everyone who bought that day lost money.</p><p><blockquote>那天买的都亏了。</blockquote></p><p> Everyone who sold that day made money.</p><p><blockquote>那天卖出的每个人都赚钱了。</blockquote></p><p> No subscribers got in, most bought at the opening, from what I can tell, and I alienated everyone except the big dogs.</p><p><blockquote>据我所知，没有订户进来，大多数是在开盘时买的，我疏远了除了大狗之外的所有人。</blockquote></p><p> It is amazing that here we are in 2021 and the process, while letting clients in, failed to price it so that Robinhood left money on the table. Believe me, it was possible to do so. But the underwriters and the management chose not to do so. We don't know which side screwed up, or both, but there was a successful blueprint; believe me, if I knew what it was in 1999, they knew what it is now.</p><p><blockquote>令人惊讶的是，我们现在是2021年，这个过程虽然让客户进入，但却未能定价，因此Robinhood将钱留在了桌面上。相信我，这是可能的。但承销商和管理层选择不这样做。我们不知道哪一方搞砸了，或者两者都搞砸了，但有一个成功的蓝图；相信我，如果我知道1999年是什么，他们也知道现在是什么。</blockquote></p><p> I always regretted what happened. Most people blamed me as I was the face of the process. I was astounded by how horrendous it was and did not \"take the long view\" because the long view sucked.</p><p><blockquote>我一直对发生的事感到后悔。大多数人责怪我，因为我是这个过程的代言人。我被它的可怕程度震惊了，没有“从长计议”，因为从长计议很糟糕。</blockquote></p><p> Why do these things go wrong? I do blame the underwriter because they do this every day and the principals only do it once. They have to keep the management from betraying the shareholders because the shareholders think that it is management's fault. No underwriter is EVER going to say that they screwed up. That's not in the cards.</p><p><blockquote>为什么这些事情会出错？我确实责怪承销商，因为他们每天都这样做，而委托人只做一次。他们必须阻止管理层背叛股东，因为股东认为这是管理层的错。没有承销商会说他们搞砸了。那是不可能的。</blockquote></p><p> So, we sit back and we marvel about how badly the deal went even as it was well within the province of the underwriter and the principals to make it so Robinhood left more on the table.</p><p><blockquote>因此，我们坐下来，惊叹于这笔交易进行得有多糟糕，尽管它完全在承销商和委托人的范围内，所以罗宾汉留下了更多。</blockquote></p><p> Greed?</p><p><blockquote>贪婪？</blockquote></p><p> Stupidity?</p><p><blockquote>愚蠢？</blockquote></p><p> How about poor execution and a lack of transparency that shows how badly it was handled.</p><p><blockquote>糟糕的执行和缺乏透明度表明事情处理得有多糟糕怎么样？</blockquote></p><p> Just like the offering ofTheStreet.com.</p><p><blockquote>就像TheStreet.com的产品一样。</blockquote></p><p></p>","source":"lsy1610613172068","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Jim Cramer: Robinhood's IPO Debacle Shows How Little Has Changed Over the Decades<blockquote>吉姆·克莱默：Robinhood的IPO惨败表明几十年来变化很小</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\">\nJim Cramer: Robinhood's IPO Debacle Shows How Little Has Changed Over the Decades<blockquote>吉姆·克莱默：Robinhood的IPO惨败表明几十年来变化很小</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">The Street</strong><span class=\"h-time small\">2021-07-31 07:50</span>\n</p>\n</h4>\n</header>\n<article>\n<p>  Take it from a guy who knows, the process is really flawed.  What should Robinhood&nbsp;(<b>HOOD</b>) -Get Report&nbsp;have done to avoid the IPO debacle?</p><p><blockquote>听一个知道的人说，这个过程真的有缺陷。罗宾汉应该做什么（<b>发动机罩</b>)-获取报告为避免IPO失败做了哪些工作？</blockquote></p><p> I can't speak to what happened on Thursday, who was in charge, who argued for what.</p><p><blockquote>我不能说周四发生了什么，谁是负责人，谁为什么辩护。</blockquote></p><p> I can only tell you what I argued for 22 years ago whenTheStreet.comwas coming public. First, as the founder, I was determined to award all the subscribers with stock to demonstrate my loyalty to them.</p><p><blockquote>我只能告诉你22年前TheStreet.com上市时我争论了什么。首先，作为创始人，我决心用股票奖励所有订阅者，以表明我对他们的忠诚。</blockquote></p><p> Second, I was insistent that the deal be priced much lower than the underwriters wanted. We had already made a ton of money for initial investors. Why not leave a lot on the table and let the new investors do well?</p><p><blockquote>其次，我坚持认为这笔交易的定价要比承销商想要的低得多。我们已经为初始投资者赚了一大笔钱。为什么不把很多留在桌面上，让新投资者做好呢？</blockquote></p><p> Third, I wanted enough stock placed with good hands that there would be no flippers and I wanted close coordination with the various brokers who tended to infiltrate the process and hijack the openings by batching market orders and opening the stocks way too high and then shorting them all the way down.</p><p><blockquote>第三，我希望有足够多的股票交给好人，这样就不会有脚蹼，我希望与各种经纪人密切协调，这些经纪人往往会渗透到流程中，通过批量市场订单、开仓过高然后做空股票来劫持开盘。一路下跌。</blockquote></p><p> I lost on every single point.</p><p><blockquote>我在每一点上都输了。</blockquote></p><p> The underwriters said we could not allocate to subscribers.</p><p><blockquote>承销商说我们不能分配给认购者。</blockquote></p><p> Second, the price of the deal would not be controlled to where we could have a small pop so everyone would win.</p><p><blockquote>第二，交易的价格不会被控制在我们可以有一个小的流行，这样每个人都会赢。</blockquote></p><p> Third, the over-the-transom orders, those who placed market orders, were batched by an outfit called Knight Securities, not the underwriter, Goldman Sachs, and it opened at $62 -- it wasn't even clear what the opening price was it was so chaotic -- traded to $66, like how Robinhood traded to $39 and change, and then never traded higher.</p><p><blockquote>第三，场外订单，即那些下市价订单的人，是由一家名为Knight Securities的机构分批的，而不是承销商高盛，开盘价是62美元——甚至不清楚开盘价是多少，太混乱了——交易到66美元，就像Robinhood交易到39美元然后改变，然后再也没有交易更高。</blockquote></p><p> Everyone who bought that day lost money.</p><p><blockquote>那天买的都亏了。</blockquote></p><p> Everyone who sold that day made money.</p><p><blockquote>那天卖出的每个人都赚钱了。</blockquote></p><p> No subscribers got in, most bought at the opening, from what I can tell, and I alienated everyone except the big dogs.</p><p><blockquote>据我所知，没有订户进来，大多数是在开盘时买的，我疏远了除了大狗之外的所有人。</blockquote></p><p> It is amazing that here we are in 2021 and the process, while letting clients in, failed to price it so that Robinhood left money on the table. Believe me, it was possible to do so. But the underwriters and the management chose not to do so. We don't know which side screwed up, or both, but there was a successful blueprint; believe me, if I knew what it was in 1999, they knew what it is now.</p><p><blockquote>令人惊讶的是，我们现在是2021年，这个过程虽然让客户进入，但却未能定价，因此Robinhood将钱留在了桌面上。相信我，这是可能的。但承销商和管理层选择不这样做。我们不知道哪一方搞砸了，或者两者都搞砸了，但有一个成功的蓝图；相信我，如果我知道1999年是什么，他们也知道现在是什么。</blockquote></p><p> I always regretted what happened. Most people blamed me as I was the face of the process. I was astounded by how horrendous it was and did not \"take the long view\" because the long view sucked.</p><p><blockquote>我一直对发生的事感到后悔。大多数人责怪我，因为我是这个过程的代言人。我被它的可怕程度震惊了，没有“从长计议”，因为从长计议很糟糕。</blockquote></p><p> Why do these things go wrong? I do blame the underwriter because they do this every day and the principals only do it once. They have to keep the management from betraying the shareholders because the shareholders think that it is management's fault. No underwriter is EVER going to say that they screwed up. That's not in the cards.</p><p><blockquote>为什么这些事情会出错？我确实责怪承销商，因为他们每天都这样做，而委托人只做一次。他们必须阻止管理层背叛股东，因为股东认为这是管理层的错。没有承销商会说他们搞砸了。那是不可能的。</blockquote></p><p> So, we sit back and we marvel about how badly the deal went even as it was well within the province of the underwriter and the principals to make it so Robinhood left more on the table.</p><p><blockquote>因此，我们坐下来，惊叹于这笔交易进行得有多糟糕，尽管它完全在承销商和委托人的范围内，所以罗宾汉留下了更多。</blockquote></p><p> Greed?</p><p><blockquote>贪婪？</blockquote></p><p> Stupidity?</p><p><blockquote>愚蠢？</blockquote></p><p> How about poor execution and a lack of transparency that shows how badly it was handled.</p><p><blockquote>糟糕的执行和缺乏透明度表明事情处理得有多糟糕怎么样？</blockquote></p><p> Just like the offering ofTheStreet.com.</p><p><blockquote>就像TheStreet.com的产品一样。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.thestreet.com/investing/cramer-robinhood-ipo-debacle-thestreet-7-30-21\">The Street</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"HOOD":"Robinhood"},"source_url":"https://www.thestreet.com/investing/cramer-robinhood-ipo-debacle-thestreet-7-30-21","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1152039134","content_text":"Take it from a guy who knows, the process is really flawed.\n\nWhat should Robinhood (HOOD) -Get Report have done to avoid the IPO debacle?\nI can't speak to what happened on Thursday, who was in charge, who argued for what.\nI can only tell you what I argued for 22 years ago whenTheStreet.comwas coming public. First, as the founder, I was determined to award all the subscribers with stock to demonstrate my loyalty to them.\nSecond, I was insistent that the deal be priced much lower than the underwriters wanted. We had already made a ton of money for initial investors. Why not leave a lot on the table and let the new investors do well?\nThird, I wanted enough stock placed with good hands that there would be no flippers and I wanted close coordination with the various brokers who tended to infiltrate the process and hijack the openings by batching market orders and opening the stocks way too high and then shorting them all the way down.\nI lost on every single point.\nThe underwriters said we could not allocate to subscribers.\nSecond, the price of the deal would not be controlled to where we could have a small pop so everyone would win.\nThird, the over-the-transom orders, those who placed market orders, were batched by an outfit called Knight Securities, not the underwriter, Goldman Sachs, and it opened at $62 -- it wasn't even clear what the opening price was it was so chaotic -- traded to $66, like how Robinhood traded to $39 and change, and then never traded higher.\nEveryone who bought that day lost money.\nEveryone who sold that day made money.\nNo subscribers got in, most bought at the opening, from what I can tell, and I alienated everyone except the big dogs.\nIt is amazing that here we are in 2021 and the process, while letting clients in, failed to price it so that Robinhood left money on the table. Believe me, it was possible to do so. But the underwriters and the management chose not to do so. We don't know which side screwed up, or both, but there was a successful blueprint; believe me, if I knew what it was in 1999, they knew what it is now.\nI always regretted what happened. Most people blamed me as I was the face of the process. I was astounded by how horrendous it was and did not \"take the long view\" because the long view sucked.\nWhy do these things go wrong? I do blame the underwriter because they do this every day and the principals only do it once. They have to keep the management from betraying the shareholders because the shareholders think that it is management's fault. No underwriter is EVER going to say that they screwed up. That's not in the cards.\nSo, we sit back and we marvel about how badly the deal went even as it was well within the province of the underwriter and the principals to make it so Robinhood left more on the table.\nGreed?\nStupidity?\nHow about poor execution and a lack of transparency that shows how badly it was handled.\nJust like the offering ofTheStreet.com.","news_type":1,"symbols_score_info":{"HOOD":0.9}},"isVote":1,"tweetType":1,"viewCount":1452,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":808086052,"gmtCreate":1627544188376,"gmtModify":1633763952792,"author":{"id":"4089279707525330","authorId":"4089279707525330","name":"chong189","avatar":"https://static.tigerbbs.com/9e54877e37a14aa4940efa52e3a31fe4","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4089279707525330","authorIdStr":"4089279707525330"},"themes":[],"htmlText":"Interesting","listText":"Interesting","text":"Interesting","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/808086052","repostId":"2154927572","repostType":4,"repost":{"id":"2154927572","kind":"highlight","pubTimestamp":1627543239,"share":"https://www.laohu8.com/m/news/2154927572?lang=zh_CN&edition=full","pubTime":"2021-07-29 15:20","market":"us","language":"en","title":"Have we reached peak Apple? Some say the company is just getting started<blockquote>我们达到峰值苹果了吗？有人说公司才刚刚起步</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=2154927572","media":"MarketWatch","summary":"A vast runway in 5G leaves many analysts feeling upbeat, even as Apple predicted a growth slowdown o","content":"<p>A vast runway in 5G leaves many analysts feeling upbeat, even as Apple predicted a growth slowdown on latest earnings call</p><p><blockquote>尽管苹果在最新财报看涨期权上预测增长放缓，但5G的广阔跑道让许多分析师感到乐观</blockquote></p><p> <img src=\"https://static.tigerbbs.com/ea1ebec3933d7b7b7abe3b567983638b\" tg-width=\"700\" tg-height=\"466\" width=\"100%\" height=\"auto\"></p><p><blockquote></blockquote></p><p> A standout quarter for Apple Inc. has analysts wondering whether we've seen peak Apple--or whether the smartphone giant is still \"early\" in its journey of smartphone dominance.</p><p><blockquote>苹果公司出色的季度让分析师想知道我们是否已经看到了苹果的顶峰，或者这家智能手机巨头是否仍处于智能手机主导地位之旅的“早期”。</blockquote></p><p> Shares of Apple are off 0.9% in Wednesday morning trading after the company easily exceeded expectations with its June-quarter results but predicted that revenue growth would slow in the current quarter given expectations of greater impacts from supply constraints and a return to more normal growth for the red-hot services business. The stock was down as much as 2.9% earlier in the session before paring its losses.</p><p><blockquote>苹果股价在周三早盘交易中下跌0.9%，此前该公司6月份季度业绩轻松超出预期，但预计本季度收入增长将放缓，因为预计供应限制将产生更大影响，并恢复更正常的增长。火热的服务业务。该股盘中早些时候一度下跌2.9%，随后收复跌幅。</blockquote></p><p> Apple has been viewed as a strong beneficiary of the pandemic's digital boom, and Chief Executive Tim Cook addressed that topic in response to an analyst's question on the earnings call. He pointed to strong demand for Macs and iPads amid a shift to remote work, as well as greater interest in digital services, though he also noted that other services like advertising and AppleCare saw negative effects, while consumers may have hesitated to make \"more complex\" purchases of Apple Watches or iPhones.</p><p><blockquote>苹果一直被视为疫情数字繁荣的强劲受益者，首席执行官蒂姆·库克在回答分析师关于财报看涨期权的问题时谈到了这个话题。他指出，随着向远程工作的转变，对Mac和iPad的需求强劲，以及对数字服务的更大兴趣，不过他也指出，广告和AppleCare等其他服务也出现了负面影响，而消费者可能对“更复杂”的购买犹豫不决。购买苹果手表或iPhone。</blockquote></p><p> The post-pandemic world \"would be very good for us\" and customers, he continued.</p><p><blockquote>他继续说，大流行后的世界“对我们”和客户来说非常好。</blockquote></p><p> Still, the report and outlook ignited debate about how much juice is left in the Apple story. In a note titled \"Strong Beat, But FY21 Likely Peaking,\" BMO Capital Markets analyst Tim Long called out the company's expectations for a growth deceleration, while also citing some broader concerns that give him pause on the stock.</p><p><blockquote>尽管如此，这份报告和展望还是引发了关于苹果故事还剩下多少活力的争论。BMO资本市场分析师蒂姆·朗(Tim Long)在一份题为“强劲表现，但2021财年可能见顶”的报告中指出了该公司对增长减速的预期，同时还列举了一些更广泛的担忧，使他对该股持暂停态度。</blockquote></p><p> Though Long boosted his price target to $142 from $134 after the report, he kept an equal-weight rating \"mainly on headwinds sustaining current demand levels including [the iPhone 13] cycle, tougher comps on Mac/iPad, regulatory overhang (App Store, Google [traffic acquisition costs]) as well as fair valuation.\"</p><p><blockquote>尽管朗在报告发布后将目标价从134美元上调至142美元，但他仍维持等权重评级，“主要是因为维持当前需求水平的不利因素，包括[iPhone 13]周期、Mac/iPad更严格的竞争、监管悬而未决（App Store、谷歌[流量获取成本]）以及公平估值。”</blockquote></p><p> Citi's Jim Suva wrote that Apple had \"nearly a perfect quarter,\" except for the fact that it didn't issue formal guidance for the September period. Apple's projection that sales will grow by double digits but at a lower rate than the 36% shown in the June quarter signals \"a very wide range,\" he continued.</p><p><blockquote>花旗的Jim Suva写道，苹果“几乎是一个完美的季度”，只是没有发布9月份的正式指引。他继续说道，苹果预测销售额将以两位数增长，但增速低于6月份季度显示的36%，这表明“范围非常广泛”。</blockquote></p><p> Suva noted that his estimates and consensus figures \"will materially move higher\" after the report and commentary. He maintained a buy rating and $170 target price on Apple's stock.</p><p><blockquote>苏瓦指出，在报告和评论发布后，他的估计和共识数字“将大幅上升”。他维持苹果股票的买入评级和170美元的目标价。</blockquote></p><p> Numerous other analysts chimed in with upbeat takes about Apple's positioning in the \"early\" days of the 5G upgrade cycle.</p><p><blockquote>许多其他分析师也对苹果在5G升级周期“早期”的定位持乐观态度。</blockquote></p><p> Apple's strong results were \"atypical\" for what's usually the company's weakest quarter of the year, wrote Jefferies analyst Kyle McNealy, in what could be a more broadly positive sign for the company.</p><p><blockquote>杰富瑞(Jefferies)分析师Kyle McNealy写道，苹果的强劲业绩对于该公司通常是一年中最疲软的季度来说是“非典型的”，这对该公司来说可能是一个更广泛的积极信号。</blockquote></p><p> \"We think this is representative of the continued traction they're getting with the 5G iPhone lineup,\" he said. \"In our view, the Street still underappreciates that Apple's positioned to benefit from the 5G product cycle under way,\" with data from carrier <a href=\"https://laohu8.com/S/TMUSR\">T-Mobile US Inc</a>. <a href=\"https://laohu8.com/S/TMUS\">$(TMUS)$</a> indicating still-low upgrade rates.</p><p><blockquote>“我们认为这代表了5G iPhone系列持续受到的关注，”他说。运营商的数据显示：“我们认为，华尔街仍然低估了苹果从正在进行的5G产品周期中受益的地位。”<a href=\"https://laohu8.com/S/TMUSR\">T-Mobile美国公司</a>.<a href=\"https://laohu8.com/S/TMUS\">$(TMUS)$</a>表明升级率仍然很低。</blockquote></p><p> McNealy has a buy rating and $175 price target on the stock.</p><p><blockquote>McNealy对该股给予买入评级和175美元的目标价。</blockquote></p><p> Wells Fargo's Aaron Rakers took a similar view. \"With investors' focus now largely on the sustainability of demand trends into 2H2021 &amp; 2022, we take the view that we are still in the early innings of the 5G cycle (limited countries with double-digit 5G penetration today) and believe consumer demand is likely to remain strong with a massive upgrade opportunity ahead,\" he wrote.</p><p><blockquote>富国银行的亚伦·雷克斯也持类似观点。“由于投资者现在主要关注2021年下半年和2022年需求趋势的可持续性，我们认为我们仍处于5G周期的早期阶段（目前5G渗透率达到两位数的国家有限），并相信消费者需求随着未来巨大的升级机会，需求可能会保持强劲，”他写道。</blockquote></p><p> Rakers rates the stock at overweight and boosted his price target to $165 from $160.</p><p><blockquote>Rakers对跑赢大盘的股票进行了评级，并将目标价从160美元上调至165美元。</blockquote></p><p> Of the 44 analysts tracked by FactSet who cover Apple's stock, 33 have buy ratings, eight have hold ratings, and three have sell ratings. The average price target is $161.80, about 10% above current levels.</p><p><blockquote>FactSet追踪的44名研究苹果股票的分析师中，33名给予买入评级，8名给予持有评级，3名给予卖出评级。平均目标价为161.80美元，较当前水平高出约10%。</blockquote></p><p> The stock, which reached a record close of $149.15 earlier this month, has gained 9.6% year to date, while the Nasdaq-100 Index has advanced 16.6% and the Dow Jones Industrial Average has climbed 14.5%.</p><p><blockquote>该股本月早些时候触及创纪录的149.15美元收盘价，今年迄今已上涨9.6%，纳斯达克100指数上涨16.6%，道琼斯工业平均指数上涨14.5%。</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>Have we reached peak Apple? Some say the company is just getting started<blockquote>我们达到峰值苹果了吗？有人说公司才刚刚起步</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\">\nHave we reached peak Apple? Some say the company is just getting started<blockquote>我们达到峰值苹果了吗？有人说公司才刚刚起步</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">MarketWatch</strong><span class=\"h-time small\">2021-07-29 15:20</span>\n</p>\n</h4>\n</header>\n<article>\n<p>A vast runway in 5G leaves many analysts feeling upbeat, even as Apple predicted a growth slowdown on latest earnings call</p><p><blockquote>尽管苹果在最新财报看涨期权上预测增长放缓，但5G的广阔跑道让许多分析师感到乐观</blockquote></p><p> <img src=\"https://static.tigerbbs.com/ea1ebec3933d7b7b7abe3b567983638b\" tg-width=\"700\" tg-height=\"466\" width=\"100%\" height=\"auto\"></p><p><blockquote></blockquote></p><p> A standout quarter for Apple Inc. has analysts wondering whether we've seen peak Apple--or whether the smartphone giant is still \"early\" in its journey of smartphone dominance.</p><p><blockquote>苹果公司出色的季度让分析师想知道我们是否已经看到了苹果的顶峰，或者这家智能手机巨头是否仍处于智能手机主导地位之旅的“早期”。</blockquote></p><p> Shares of Apple are off 0.9% in Wednesday morning trading after the company easily exceeded expectations with its June-quarter results but predicted that revenue growth would slow in the current quarter given expectations of greater impacts from supply constraints and a return to more normal growth for the red-hot services business. The stock was down as much as 2.9% earlier in the session before paring its losses.</p><p><blockquote>苹果股价在周三早盘交易中下跌0.9%，此前该公司6月份季度业绩轻松超出预期，但预计本季度收入增长将放缓，因为预计供应限制将产生更大影响，并恢复更正常的增长。火热的服务业务。该股盘中早些时候一度下跌2.9%，随后收复跌幅。</blockquote></p><p> Apple has been viewed as a strong beneficiary of the pandemic's digital boom, and Chief Executive Tim Cook addressed that topic in response to an analyst's question on the earnings call. He pointed to strong demand for Macs and iPads amid a shift to remote work, as well as greater interest in digital services, though he also noted that other services like advertising and AppleCare saw negative effects, while consumers may have hesitated to make \"more complex\" purchases of Apple Watches or iPhones.</p><p><blockquote>苹果一直被视为疫情数字繁荣的强劲受益者，首席执行官蒂姆·库克在回答分析师关于财报看涨期权的问题时谈到了这个话题。他指出，随着向远程工作的转变，对Mac和iPad的需求强劲，以及对数字服务的更大兴趣，不过他也指出，广告和AppleCare等其他服务也出现了负面影响，而消费者可能对“更复杂”的购买犹豫不决。购买苹果手表或iPhone。</blockquote></p><p> The post-pandemic world \"would be very good for us\" and customers, he continued.</p><p><blockquote>他继续说，大流行后的世界“对我们”和客户来说非常好。</blockquote></p><p> Still, the report and outlook ignited debate about how much juice is left in the Apple story. In a note titled \"Strong Beat, But FY21 Likely Peaking,\" BMO Capital Markets analyst Tim Long called out the company's expectations for a growth deceleration, while also citing some broader concerns that give him pause on the stock.</p><p><blockquote>尽管如此，这份报告和展望还是引发了关于苹果故事还剩下多少活力的争论。BMO资本市场分析师蒂姆·朗(Tim Long)在一份题为“强劲表现，但2021财年可能见顶”的报告中指出了该公司对增长减速的预期，同时还列举了一些更广泛的担忧，使他对该股持暂停态度。</blockquote></p><p> Though Long boosted his price target to $142 from $134 after the report, he kept an equal-weight rating \"mainly on headwinds sustaining current demand levels including [the iPhone 13] cycle, tougher comps on Mac/iPad, regulatory overhang (App Store, Google [traffic acquisition costs]) as well as fair valuation.\"</p><p><blockquote>尽管朗在报告发布后将目标价从134美元上调至142美元，但他仍维持等权重评级，“主要是因为维持当前需求水平的不利因素，包括[iPhone 13]周期、Mac/iPad更严格的竞争、监管悬而未决（App Store、谷歌[流量获取成本]）以及公平估值。”</blockquote></p><p> Citi's Jim Suva wrote that Apple had \"nearly a perfect quarter,\" except for the fact that it didn't issue formal guidance for the September period. Apple's projection that sales will grow by double digits but at a lower rate than the 36% shown in the June quarter signals \"a very wide range,\" he continued.</p><p><blockquote>花旗的Jim Suva写道，苹果“几乎是一个完美的季度”，只是没有发布9月份的正式指引。他继续说道，苹果预测销售额将以两位数增长，但增速低于6月份季度显示的36%，这表明“范围非常广泛”。</blockquote></p><p> Suva noted that his estimates and consensus figures \"will materially move higher\" after the report and commentary. He maintained a buy rating and $170 target price on Apple's stock.</p><p><blockquote>苏瓦指出，在报告和评论发布后，他的估计和共识数字“将大幅上升”。他维持苹果股票的买入评级和170美元的目标价。</blockquote></p><p> Numerous other analysts chimed in with upbeat takes about Apple's positioning in the \"early\" days of the 5G upgrade cycle.</p><p><blockquote>许多其他分析师也对苹果在5G升级周期“早期”的定位持乐观态度。</blockquote></p><p> Apple's strong results were \"atypical\" for what's usually the company's weakest quarter of the year, wrote Jefferies analyst Kyle McNealy, in what could be a more broadly positive sign for the company.</p><p><blockquote>杰富瑞(Jefferies)分析师Kyle McNealy写道，苹果的强劲业绩对于该公司通常是一年中最疲软的季度来说是“非典型的”，这对该公司来说可能是一个更广泛的积极信号。</blockquote></p><p> \"We think this is representative of the continued traction they're getting with the 5G iPhone lineup,\" he said. \"In our view, the Street still underappreciates that Apple's positioned to benefit from the 5G product cycle under way,\" with data from carrier <a href=\"https://laohu8.com/S/TMUSR\">T-Mobile US Inc</a>. <a href=\"https://laohu8.com/S/TMUS\">$(TMUS)$</a> indicating still-low upgrade rates.</p><p><blockquote>“我们认为这代表了5G iPhone系列持续受到的关注，”他说。运营商的数据显示：“我们认为，华尔街仍然低估了苹果从正在进行的5G产品周期中受益的地位。”<a href=\"https://laohu8.com/S/TMUSR\">T-Mobile美国公司</a>.<a href=\"https://laohu8.com/S/TMUS\">$(TMUS)$</a>表明升级率仍然很低。</blockquote></p><p> McNealy has a buy rating and $175 price target on the stock.</p><p><blockquote>McNealy对该股给予买入评级和175美元的目标价。</blockquote></p><p> Wells Fargo's Aaron Rakers took a similar view. \"With investors' focus now largely on the sustainability of demand trends into 2H2021 &amp; 2022, we take the view that we are still in the early innings of the 5G cycle (limited countries with double-digit 5G penetration today) and believe consumer demand is likely to remain strong with a massive upgrade opportunity ahead,\" he wrote.</p><p><blockquote>富国银行的亚伦·雷克斯也持类似观点。“由于投资者现在主要关注2021年下半年和2022年需求趋势的可持续性，我们认为我们仍处于5G周期的早期阶段（目前5G渗透率达到两位数的国家有限），并相信消费者需求随着未来巨大的升级机会，需求可能会保持强劲，”他写道。</blockquote></p><p> Rakers rates the stock at overweight and boosted his price target to $165 from $160.</p><p><blockquote>Rakers对跑赢大盘的股票进行了评级，并将目标价从160美元上调至165美元。</blockquote></p><p> Of the 44 analysts tracked by FactSet who cover Apple's stock, 33 have buy ratings, eight have hold ratings, and three have sell ratings. The average price target is $161.80, about 10% above current levels.</p><p><blockquote>FactSet追踪的44名研究苹果股票的分析师中，33名给予买入评级，8名给予持有评级，3名给予卖出评级。平均目标价为161.80美元，较当前水平高出约10%。</blockquote></p><p> The stock, which reached a record close of $149.15 earlier this month, has gained 9.6% year to date, while the Nasdaq-100 Index has advanced 16.6% and the Dow Jones Industrial Average has climbed 14.5%.</p><p><blockquote>该股本月早些时候触及创纪录的149.15美元收盘价，今年迄今已上涨9.6%，纳斯达克100指数上涨16.6%，道琼斯工业平均指数上涨14.5%。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.marketwatch.com/story/have-we-reached-peak-apple-some-say-the-company-is-just-getting-started-11627487255?mod=home-page\">MarketWatch</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果"},"source_url":"https://www.marketwatch.com/story/have-we-reached-peak-apple-some-say-the-company-is-just-getting-started-11627487255?mod=home-page","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2154927572","content_text":"A vast runway in 5G leaves many analysts feeling upbeat, even as Apple predicted a growth slowdown on latest earnings call\n\nA standout quarter for Apple Inc. has analysts wondering whether we've seen peak Apple--or whether the smartphone giant is still \"early\" in its journey of smartphone dominance.\nShares of Apple are off 0.9% in Wednesday morning trading after the company easily exceeded expectations with its June-quarter results but predicted that revenue growth would slow in the current quarter given expectations of greater impacts from supply constraints and a return to more normal growth for the red-hot services business. The stock was down as much as 2.9% earlier in the session before paring its losses.\nApple has been viewed as a strong beneficiary of the pandemic's digital boom, and Chief Executive Tim Cook addressed that topic in response to an analyst's question on the earnings call. He pointed to strong demand for Macs and iPads amid a shift to remote work, as well as greater interest in digital services, though he also noted that other services like advertising and AppleCare saw negative effects, while consumers may have hesitated to make \"more complex\" purchases of Apple Watches or iPhones.\nThe post-pandemic world \"would be very good for us\" and customers, he continued.\nStill, the report and outlook ignited debate about how much juice is left in the Apple story. In a note titled \"Strong Beat, But FY21 Likely Peaking,\" BMO Capital Markets analyst Tim Long called out the company's expectations for a growth deceleration, while also citing some broader concerns that give him pause on the stock.\nThough Long boosted his price target to $142 from $134 after the report, he kept an equal-weight rating \"mainly on headwinds sustaining current demand levels including [the iPhone 13] cycle, tougher comps on Mac/iPad, regulatory overhang (App Store, Google [traffic acquisition costs]) as well as fair valuation.\"\nCiti's Jim Suva wrote that Apple had \"nearly a perfect quarter,\" except for the fact that it didn't issue formal guidance for the September period. Apple's projection that sales will grow by double digits but at a lower rate than the 36% shown in the June quarter signals \"a very wide range,\" he continued.\nSuva noted that his estimates and consensus figures \"will materially move higher\" after the report and commentary. He maintained a buy rating and $170 target price on Apple's stock.\nNumerous other analysts chimed in with upbeat takes about Apple's positioning in the \"early\" days of the 5G upgrade cycle.\nApple's strong results were \"atypical\" for what's usually the company's weakest quarter of the year, wrote Jefferies analyst Kyle McNealy, in what could be a more broadly positive sign for the company.\n\"We think this is representative of the continued traction they're getting with the 5G iPhone lineup,\" he said. \"In our view, the Street still underappreciates that Apple's positioned to benefit from the 5G product cycle under way,\" with data from carrier T-Mobile US Inc. $(TMUS)$ indicating still-low upgrade rates.\nMcNealy has a buy rating and $175 price target on the stock.\nWells Fargo's Aaron Rakers took a similar view. \"With investors' focus now largely on the sustainability of demand trends into 2H2021 & 2022, we take the view that we are still in the early innings of the 5G cycle (limited countries with double-digit 5G penetration today) and believe consumer demand is likely to remain strong with a massive upgrade opportunity ahead,\" he wrote.\nRakers rates the stock at overweight and boosted his price target to $165 from $160.\nOf the 44 analysts tracked by FactSet who cover Apple's stock, 33 have buy ratings, eight have hold ratings, and three have sell ratings. The average price target is $161.80, about 10% above current levels.\nThe stock, which reached a record close of $149.15 earlier this month, has gained 9.6% year to date, while the Nasdaq-100 Index has advanced 16.6% and the Dow Jones Industrial Average has climbed 14.5%.","news_type":1,"symbols_score_info":{"AAPL":0.9}},"isVote":1,"tweetType":1,"viewCount":2705,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":802727573,"gmtCreate":1627811579492,"gmtModify":1633756184546,"author":{"id":"4089279707525330","authorId":"4089279707525330","name":"chong189","avatar":"https://static.tigerbbs.com/9e54877e37a14aa4940efa52e3a31fe4","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4089279707525330","idStr":"4089279707525330"},"themes":[],"htmlText":"Interesting","listText":"Interesting","text":"Interesting","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/802727573","repostId":"1122171439","repostType":4,"isVote":1,"tweetType":1,"viewCount":1811,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":889145011,"gmtCreate":1631119508033,"gmtModify":1632884490314,"author":{"id":"4089279707525330","authorId":"4089279707525330","name":"chong189","avatar":"https://static.tigerbbs.com/9e54877e37a14aa4940efa52e3a31fe4","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4089279707525330","idStr":"4089279707525330"},"themes":[],"htmlText":"Cool","listText":"Cool","text":"Cool","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/889145011","repostId":"2165399212","repostType":4,"isVote":1,"tweetType":1,"viewCount":2665,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":802306817,"gmtCreate":1627713566439,"gmtModify":1633756855221,"author":{"id":"4089279707525330","authorId":"4089279707525330","name":"chong189","avatar":"https://static.tigerbbs.com/9e54877e37a14aa4940efa52e3a31fe4","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4089279707525330","idStr":"4089279707525330"},"themes":[],"htmlText":"[微笑]&nbsp;[微笑]&nbsp;","listText":"[微笑]&nbsp;[微笑]&nbsp;","text":"[微笑] [微笑]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/802306817","repostId":"1121501806","repostType":4,"isVote":1,"tweetType":1,"viewCount":1834,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":802750031,"gmtCreate":1627811626923,"gmtModify":1633756184300,"author":{"id":"4089279707525330","authorId":"4089279707525330","name":"chong189","avatar":"https://static.tigerbbs.com/9e54877e37a14aa4940efa52e3a31fe4","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4089279707525330","idStr":"4089279707525330"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/802750031","repostId":"1125426477","repostType":4,"repost":{"id":"1125426477","kind":"news","pubTimestamp":1627688762,"share":"https://www.laohu8.com/m/news/1125426477?lang=zh_CN&edition=full","pubTime":"2021-07-31 07:46","market":"us","language":"en","title":"BofA Says Interest Rates Are at 5,000-Year Low<blockquote>美国银行称利率处于5000年来的低点</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1125426477","media":"The Street","summary":"'At some point in the next 5,000 years, rates will rise, but there is no fear on Wall Street that th","content":"<p>  'At some point in the next 5,000 years, rates will rise, but there is no fear on Wall Street that this happens anytime soon,' BofA says.  Bank of America says interest rates are at a 5,000-year low and recommends holding quality, defensive stocks for the rest of the year.</p><p><blockquote>美国银行说，在未来5000年的某个时候，利率将会上升，但华尔街并不担心这种情况会很快发生。美国银行表示，利率处于5000年来的低点，并建议在今年剩余时间内持有优质防御性股票。</blockquote></p><p> The interest-rate calculation comes from BofA’s own data, the Bank of England, Global Financial Data and the 2005 book “A History of Interest Rates.”</p><p><blockquote>利率计算来自美国银行自己的数据、英格兰银行、全球金融数据和2005年的《利率史》一书。</blockquote></p><p> “Central banks are keeping global interest rates at 5,000 year lows,” wrote BofA&nbsp; Chief Investment Strategist Michael Hartnett. “At some point in the next 5,000 years, rates will rise, but there is no fear on Wall Street that this happens anytime soon.”</p><p><blockquote>美国银行首席投资策略师Michael Hartnett写道：“各国央行正在将全球利率维持在5000年来的低点。”“在未来5000年的某个时候，利率将会上升，但华尔街并不担心这种情况会很快发生。”</blockquote></p><p> The message of this week’s FOMC meeting was \"we will let it [the economy] run hot, [represents an] ok for inflation to be not-so-transitory,” he said.</p><p><blockquote>他表示，本周FOMC会议传达的信息是“我们将让[经济]过热，[代表]通胀不会那么短暂”。</blockquote></p><p> “The market reaction will be [to push] the U.S. dollar down and U.S. Treasury yields up. Commodities will remain bid, and there will be a rotation to emerging market stocks and bonds.”</p><p><blockquote>“市场的反应将是（推动）美元下跌，美国国债收益率上升。大宗商品将保持出价，并将轮动到新兴市场股票和债券。”</blockquote></p><p> Hartnett also sees a “preference for quality and defensive stocks, driven by inflation causing growth and EPS estimates to fall. The U.S. consumer has peaked.”</p><p><blockquote>Hartnett还认为，“在通胀导致增长和每股收益预期下降的推动下，人们对优质和防御性股票的偏好。美国消费者已经见顶。”</blockquote></p><p> As for BofA’s advice, it recommends owning “defensive, quality stocks in the second half, … as policy flip-flops will end in a market correction,” Hartnett says.</p><p><blockquote>至于美国银行的建议，它建议“在下半年持有防御性的优质股票……因为政策转变将以市场调整告终，”哈特尼特表示。</blockquote></p><p> BofA favors defensive stocks in vaccinated markets, such as the U.S. and European Union. And it likes cyclical reopening stocks in markets with “vaccine-upside, i.e. Japan, China and emerging markets.”</p><p><blockquote>美国银行青睐美国和欧盟等已接种疫苗市场的防御性股票。它喜欢具有“疫苗上涨空间的市场，即日本、中国和新兴市场”的周期性重新开放股票。</blockquote></p><p> U.S. stocks are falling Friday, as investors weigh concerns about the spread of the COVID-19 Delta variant and disappointing results from online retail giant Amazon (AMZN).</p><p><blockquote>由于投资者权衡对COVID-19德尔塔变异毒株蔓延的担忧以及在线零售巨头亚马逊(AMZN)令人失望的业绩，美国股市周五下跌。</blockquote></p><p></p>","source":"lsy1610613172068","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>BofA Says Interest Rates Are at 5,000-Year Low<blockquote>美国银行称利率处于5000年来的低点</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\">\nBofA Says Interest Rates Are at 5,000-Year Low<blockquote>美国银行称利率处于5000年来的低点</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">The Street</strong><span class=\"h-time small\">2021-07-31 07:46</span>\n</p>\n</h4>\n</header>\n<article>\n<p>  'At some point in the next 5,000 years, rates will rise, but there is no fear on Wall Street that this happens anytime soon,' BofA says.  Bank of America says interest rates are at a 5,000-year low and recommends holding quality, defensive stocks for the rest of the year.</p><p><blockquote>美国银行说，在未来5000年的某个时候，利率将会上升，但华尔街并不担心这种情况会很快发生。美国银行表示，利率处于5000年来的低点，并建议在今年剩余时间内持有优质防御性股票。</blockquote></p><p> The interest-rate calculation comes from BofA’s own data, the Bank of England, Global Financial Data and the 2005 book “A History of Interest Rates.”</p><p><blockquote>利率计算来自美国银行自己的数据、英格兰银行、全球金融数据和2005年的《利率史》一书。</blockquote></p><p> “Central banks are keeping global interest rates at 5,000 year lows,” wrote BofA&nbsp; Chief Investment Strategist Michael Hartnett. “At some point in the next 5,000 years, rates will rise, but there is no fear on Wall Street that this happens anytime soon.”</p><p><blockquote>美国银行首席投资策略师Michael Hartnett写道：“各国央行正在将全球利率维持在5000年来的低点。”“在未来5000年的某个时候，利率将会上升，但华尔街并不担心这种情况会很快发生。”</blockquote></p><p> The message of this week’s FOMC meeting was \"we will let it [the economy] run hot, [represents an] ok for inflation to be not-so-transitory,” he said.</p><p><blockquote>他表示，本周FOMC会议传达的信息是“我们将让[经济]过热，[代表]通胀不会那么短暂”。</blockquote></p><p> “The market reaction will be [to push] the U.S. dollar down and U.S. Treasury yields up. Commodities will remain bid, and there will be a rotation to emerging market stocks and bonds.”</p><p><blockquote>“市场的反应将是（推动）美元下跌，美国国债收益率上升。大宗商品将保持出价，并将轮动到新兴市场股票和债券。”</blockquote></p><p> Hartnett also sees a “preference for quality and defensive stocks, driven by inflation causing growth and EPS estimates to fall. The U.S. consumer has peaked.”</p><p><blockquote>Hartnett还认为，“在通胀导致增长和每股收益预期下降的推动下，人们对优质和防御性股票的偏好。美国消费者已经见顶。”</blockquote></p><p> As for BofA’s advice, it recommends owning “defensive, quality stocks in the second half, … as policy flip-flops will end in a market correction,” Hartnett says.</p><p><blockquote>至于美国银行的建议，它建议“在下半年持有防御性的优质股票……因为政策转变将以市场调整告终，”哈特尼特表示。</blockquote></p><p> BofA favors defensive stocks in vaccinated markets, such as the U.S. and European Union. And it likes cyclical reopening stocks in markets with “vaccine-upside, i.e. Japan, China and emerging markets.”</p><p><blockquote>美国银行青睐美国和欧盟等已接种疫苗市场的防御性股票。它喜欢具有“疫苗上涨空间的市场，即日本、中国和新兴市场”的周期性重新开放股票。</blockquote></p><p> U.S. stocks are falling Friday, as investors weigh concerns about the spread of the COVID-19 Delta variant and disappointing results from online retail giant Amazon (AMZN).</p><p><blockquote>由于投资者权衡对COVID-19德尔塔变异毒株蔓延的担忧以及在线零售巨头亚马逊(AMZN)令人失望的业绩，美国股市周五下跌。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.thestreet.com/investing/b-of-a-interest-rates-5000-year-\">The Street</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SPY":"标普500ETF",".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index",".DJI":"道琼斯"},"source_url":"https://www.thestreet.com/investing/b-of-a-interest-rates-5000-year-","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1125426477","content_text":"'At some point in the next 5,000 years, rates will rise, but there is no fear on Wall Street that this happens anytime soon,' BofA says.\n\nBank of America says interest rates are at a 5,000-year low and recommends holding quality, defensive stocks for the rest of the year.\nThe interest-rate calculation comes from BofA’s own data, the Bank of England, Global Financial Data and the 2005 book “A History of Interest Rates.”\n“Central banks are keeping global interest rates at 5,000 year lows,” wrote BofA  Chief Investment Strategist Michael Hartnett. “At some point in the next 5,000 years, rates will rise, but there is no fear on Wall Street that this happens anytime soon.”\nThe message of this week’s FOMC meeting was \"we will let it [the economy] run hot, [represents an] ok for inflation to be not-so-transitory,” he said.\n“The market reaction will be [to push] the U.S. dollar down and U.S. Treasury yields up. Commodities will remain bid, and there will be a rotation to emerging market stocks and bonds.”\nHartnett also sees a “preference for quality and defensive stocks, driven by inflation causing growth and EPS estimates to fall. The U.S. consumer has peaked.”\nAs for BofA’s advice, it recommends owning “defensive, quality stocks in the second half, … as policy flip-flops will end in a market correction,” Hartnett says.\nBofA favors defensive stocks in vaccinated markets, such as the U.S. and European Union. And it likes cyclical reopening stocks in markets with “vaccine-upside, i.e. Japan, China and emerging markets.”\nU.S. stocks are falling Friday, as investors weigh concerns about the spread of the COVID-19 Delta variant and disappointing results from online retail giant Amazon (AMZN).","news_type":1,"symbols_score_info":{".DJI":0.9,".IXIC":0.9,".SPX":0.9,"SPY":0.9}},"isVote":1,"tweetType":1,"viewCount":1641,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":802308209,"gmtCreate":1627713508501,"gmtModify":1633756855788,"author":{"id":"4089279707525330","authorId":"4089279707525330","name":"chong189","avatar":"https://static.tigerbbs.com/9e54877e37a14aa4940efa52e3a31fe4","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4089279707525330","idStr":"4089279707525330"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/802308209","repostId":"1152039134","repostType":4,"repost":{"id":"1152039134","kind":"news","pubTimestamp":1627689014,"share":"https://www.laohu8.com/m/news/1152039134?lang=zh_CN&edition=full","pubTime":"2021-07-31 07:50","market":"us","language":"en","title":"Jim Cramer: Robinhood's IPO Debacle Shows How Little Has Changed Over the Decades<blockquote>吉姆·克莱默：Robinhood的IPO惨败表明几十年来变化很小</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1152039134","media":"The Street","summary":"Take it from a guy who knows, the process is really flawed.\n\nWhat should Robinhood (HOOD) -Get Repor","content":"<p>  Take it from a guy who knows, the process is really flawed.  What should Robinhood&nbsp;(<b>HOOD</b>) -Get Report&nbsp;have done to avoid the IPO debacle?</p><p><blockquote>听一个知道的人说，这个过程真的有缺陷。罗宾汉应该做什么（<b>发动机罩</b>)-获取报告为避免IPO失败做了哪些工作？</blockquote></p><p> I can't speak to what happened on Thursday, who was in charge, who argued for what.</p><p><blockquote>我不能说周四发生了什么，谁是负责人，谁为什么辩护。</blockquote></p><p> I can only tell you what I argued for 22 years ago whenTheStreet.comwas coming public. First, as the founder, I was determined to award all the subscribers with stock to demonstrate my loyalty to them.</p><p><blockquote>我只能告诉你22年前TheStreet.com上市时我争论了什么。首先，作为创始人，我决心用股票奖励所有订阅者，以表明我对他们的忠诚。</blockquote></p><p> Second, I was insistent that the deal be priced much lower than the underwriters wanted. We had already made a ton of money for initial investors. Why not leave a lot on the table and let the new investors do well?</p><p><blockquote>其次，我坚持认为这笔交易的定价要比承销商想要的低得多。我们已经为初始投资者赚了一大笔钱。为什么不把很多留在桌面上，让新投资者做好呢？</blockquote></p><p> Third, I wanted enough stock placed with good hands that there would be no flippers and I wanted close coordination with the various brokers who tended to infiltrate the process and hijack the openings by batching market orders and opening the stocks way too high and then shorting them all the way down.</p><p><blockquote>第三，我希望有足够多的股票交给好人，这样就不会有脚蹼，我希望与各种经纪人密切协调，这些经纪人往往会渗透到流程中，通过批量市场订单、开仓过高然后做空股票来劫持开盘。一路下跌。</blockquote></p><p> I lost on every single point.</p><p><blockquote>我在每一点上都输了。</blockquote></p><p> The underwriters said we could not allocate to subscribers.</p><p><blockquote>承销商说我们不能分配给认购者。</blockquote></p><p> Second, the price of the deal would not be controlled to where we could have a small pop so everyone would win.</p><p><blockquote>第二，交易的价格不会被控制在我们可以有一个小的流行，这样每个人都会赢。</blockquote></p><p> Third, the over-the-transom orders, those who placed market orders, were batched by an outfit called Knight Securities, not the underwriter, Goldman Sachs, and it opened at $62 -- it wasn't even clear what the opening price was it was so chaotic -- traded to $66, like how Robinhood traded to $39 and change, and then never traded higher.</p><p><blockquote>第三，场外订单，即那些下市价订单的人，是由一家名为Knight Securities的机构分批的，而不是承销商高盛，开盘价是62美元——甚至不清楚开盘价是多少，太混乱了——交易到66美元，就像Robinhood交易到39美元然后改变，然后再也没有交易更高。</blockquote></p><p> Everyone who bought that day lost money.</p><p><blockquote>那天买的都亏了。</blockquote></p><p> Everyone who sold that day made money.</p><p><blockquote>那天卖出的每个人都赚钱了。</blockquote></p><p> No subscribers got in, most bought at the opening, from what I can tell, and I alienated everyone except the big dogs.</p><p><blockquote>据我所知，没有订户进来，大多数是在开盘时买的，我疏远了除了大狗之外的所有人。</blockquote></p><p> It is amazing that here we are in 2021 and the process, while letting clients in, failed to price it so that Robinhood left money on the table. Believe me, it was possible to do so. But the underwriters and the management chose not to do so. We don't know which side screwed up, or both, but there was a successful blueprint; believe me, if I knew what it was in 1999, they knew what it is now.</p><p><blockquote>令人惊讶的是，我们现在是2021年，这个过程虽然让客户进入，但却未能定价，因此Robinhood将钱留在了桌面上。相信我，这是可能的。但承销商和管理层选择不这样做。我们不知道哪一方搞砸了，或者两者都搞砸了，但有一个成功的蓝图；相信我，如果我知道1999年是什么，他们也知道现在是什么。</blockquote></p><p> I always regretted what happened. Most people blamed me as I was the face of the process. I was astounded by how horrendous it was and did not \"take the long view\" because the long view sucked.</p><p><blockquote>我一直对发生的事感到后悔。大多数人责怪我，因为我是这个过程的代言人。我被它的可怕程度震惊了，没有“从长计议”，因为从长计议很糟糕。</blockquote></p><p> Why do these things go wrong? I do blame the underwriter because they do this every day and the principals only do it once. They have to keep the management from betraying the shareholders because the shareholders think that it is management's fault. No underwriter is EVER going to say that they screwed up. That's not in the cards.</p><p><blockquote>为什么这些事情会出错？我确实责怪承销商，因为他们每天都这样做，而委托人只做一次。他们必须阻止管理层背叛股东，因为股东认为这是管理层的错。没有承销商会说他们搞砸了。那是不可能的。</blockquote></p><p> So, we sit back and we marvel about how badly the deal went even as it was well within the province of the underwriter and the principals to make it so Robinhood left more on the table.</p><p><blockquote>因此，我们坐下来，惊叹于这笔交易进行得有多糟糕，尽管它完全在承销商和委托人的范围内，所以罗宾汉留下了更多。</blockquote></p><p> Greed?</p><p><blockquote>贪婪？</blockquote></p><p> Stupidity?</p><p><blockquote>愚蠢？</blockquote></p><p> How about poor execution and a lack of transparency that shows how badly it was handled.</p><p><blockquote>糟糕的执行和缺乏透明度表明事情处理得有多糟糕怎么样？</blockquote></p><p> Just like the offering ofTheStreet.com.</p><p><blockquote>就像TheStreet.com的产品一样。</blockquote></p><p></p>","source":"lsy1610613172068","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Jim Cramer: Robinhood's IPO Debacle Shows How Little Has Changed Over the Decades<blockquote>吉姆·克莱默：Robinhood的IPO惨败表明几十年来变化很小</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\">\nJim Cramer: Robinhood's IPO Debacle Shows How Little Has Changed Over the Decades<blockquote>吉姆·克莱默：Robinhood的IPO惨败表明几十年来变化很小</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">The Street</strong><span class=\"h-time small\">2021-07-31 07:50</span>\n</p>\n</h4>\n</header>\n<article>\n<p>  Take it from a guy who knows, the process is really flawed.  What should Robinhood&nbsp;(<b>HOOD</b>) -Get Report&nbsp;have done to avoid the IPO debacle?</p><p><blockquote>听一个知道的人说，这个过程真的有缺陷。罗宾汉应该做什么（<b>发动机罩</b>)-获取报告为避免IPO失败做了哪些工作？</blockquote></p><p> I can't speak to what happened on Thursday, who was in charge, who argued for what.</p><p><blockquote>我不能说周四发生了什么，谁是负责人，谁为什么辩护。</blockquote></p><p> I can only tell you what I argued for 22 years ago whenTheStreet.comwas coming public. First, as the founder, I was determined to award all the subscribers with stock to demonstrate my loyalty to them.</p><p><blockquote>我只能告诉你22年前TheStreet.com上市时我争论了什么。首先，作为创始人，我决心用股票奖励所有订阅者，以表明我对他们的忠诚。</blockquote></p><p> Second, I was insistent that the deal be priced much lower than the underwriters wanted. We had already made a ton of money for initial investors. Why not leave a lot on the table and let the new investors do well?</p><p><blockquote>其次，我坚持认为这笔交易的定价要比承销商想要的低得多。我们已经为初始投资者赚了一大笔钱。为什么不把很多留在桌面上，让新投资者做好呢？</blockquote></p><p> Third, I wanted enough stock placed with good hands that there would be no flippers and I wanted close coordination with the various brokers who tended to infiltrate the process and hijack the openings by batching market orders and opening the stocks way too high and then shorting them all the way down.</p><p><blockquote>第三，我希望有足够多的股票交给好人，这样就不会有脚蹼，我希望与各种经纪人密切协调，这些经纪人往往会渗透到流程中，通过批量市场订单、开仓过高然后做空股票来劫持开盘。一路下跌。</blockquote></p><p> I lost on every single point.</p><p><blockquote>我在每一点上都输了。</blockquote></p><p> The underwriters said we could not allocate to subscribers.</p><p><blockquote>承销商说我们不能分配给认购者。</blockquote></p><p> Second, the price of the deal would not be controlled to where we could have a small pop so everyone would win.</p><p><blockquote>第二，交易的价格不会被控制在我们可以有一个小的流行，这样每个人都会赢。</blockquote></p><p> Third, the over-the-transom orders, those who placed market orders, were batched by an outfit called Knight Securities, not the underwriter, Goldman Sachs, and it opened at $62 -- it wasn't even clear what the opening price was it was so chaotic -- traded to $66, like how Robinhood traded to $39 and change, and then never traded higher.</p><p><blockquote>第三，场外订单，即那些下市价订单的人，是由一家名为Knight Securities的机构分批的，而不是承销商高盛，开盘价是62美元——甚至不清楚开盘价是多少，太混乱了——交易到66美元，就像Robinhood交易到39美元然后改变，然后再也没有交易更高。</blockquote></p><p> Everyone who bought that day lost money.</p><p><blockquote>那天买的都亏了。</blockquote></p><p> Everyone who sold that day made money.</p><p><blockquote>那天卖出的每个人都赚钱了。</blockquote></p><p> No subscribers got in, most bought at the opening, from what I can tell, and I alienated everyone except the big dogs.</p><p><blockquote>据我所知，没有订户进来，大多数是在开盘时买的，我疏远了除了大狗之外的所有人。</blockquote></p><p> It is amazing that here we are in 2021 and the process, while letting clients in, failed to price it so that Robinhood left money on the table. Believe me, it was possible to do so. But the underwriters and the management chose not to do so. We don't know which side screwed up, or both, but there was a successful blueprint; believe me, if I knew what it was in 1999, they knew what it is now.</p><p><blockquote>令人惊讶的是，我们现在是2021年，这个过程虽然让客户进入，但却未能定价，因此Robinhood将钱留在了桌面上。相信我，这是可能的。但承销商和管理层选择不这样做。我们不知道哪一方搞砸了，或者两者都搞砸了，但有一个成功的蓝图；相信我，如果我知道1999年是什么，他们也知道现在是什么。</blockquote></p><p> I always regretted what happened. Most people blamed me as I was the face of the process. I was astounded by how horrendous it was and did not \"take the long view\" because the long view sucked.</p><p><blockquote>我一直对发生的事感到后悔。大多数人责怪我，因为我是这个过程的代言人。我被它的可怕程度震惊了，没有“从长计议”，因为从长计议很糟糕。</blockquote></p><p> Why do these things go wrong? I do blame the underwriter because they do this every day and the principals only do it once. They have to keep the management from betraying the shareholders because the shareholders think that it is management's fault. No underwriter is EVER going to say that they screwed up. That's not in the cards.</p><p><blockquote>为什么这些事情会出错？我确实责怪承销商，因为他们每天都这样做，而委托人只做一次。他们必须阻止管理层背叛股东，因为股东认为这是管理层的错。没有承销商会说他们搞砸了。那是不可能的。</blockquote></p><p> So, we sit back and we marvel about how badly the deal went even as it was well within the province of the underwriter and the principals to make it so Robinhood left more on the table.</p><p><blockquote>因此，我们坐下来，惊叹于这笔交易进行得有多糟糕，尽管它完全在承销商和委托人的范围内，所以罗宾汉留下了更多。</blockquote></p><p> Greed?</p><p><blockquote>贪婪？</blockquote></p><p> Stupidity?</p><p><blockquote>愚蠢？</blockquote></p><p> How about poor execution and a lack of transparency that shows how badly it was handled.</p><p><blockquote>糟糕的执行和缺乏透明度表明事情处理得有多糟糕怎么样？</blockquote></p><p> Just like the offering ofTheStreet.com.</p><p><blockquote>就像TheStreet.com的产品一样。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.thestreet.com/investing/cramer-robinhood-ipo-debacle-thestreet-7-30-21\">The Street</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"HOOD":"Robinhood"},"source_url":"https://www.thestreet.com/investing/cramer-robinhood-ipo-debacle-thestreet-7-30-21","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1152039134","content_text":"Take it from a guy who knows, the process is really flawed.\n\nWhat should Robinhood (HOOD) -Get Report have done to avoid the IPO debacle?\nI can't speak to what happened on Thursday, who was in charge, who argued for what.\nI can only tell you what I argued for 22 years ago whenTheStreet.comwas coming public. First, as the founder, I was determined to award all the subscribers with stock to demonstrate my loyalty to them.\nSecond, I was insistent that the deal be priced much lower than the underwriters wanted. We had already made a ton of money for initial investors. Why not leave a lot on the table and let the new investors do well?\nThird, I wanted enough stock placed with good hands that there would be no flippers and I wanted close coordination with the various brokers who tended to infiltrate the process and hijack the openings by batching market orders and opening the stocks way too high and then shorting them all the way down.\nI lost on every single point.\nThe underwriters said we could not allocate to subscribers.\nSecond, the price of the deal would not be controlled to where we could have a small pop so everyone would win.\nThird, the over-the-transom orders, those who placed market orders, were batched by an outfit called Knight Securities, not the underwriter, Goldman Sachs, and it opened at $62 -- it wasn't even clear what the opening price was it was so chaotic -- traded to $66, like how Robinhood traded to $39 and change, and then never traded higher.\nEveryone who bought that day lost money.\nEveryone who sold that day made money.\nNo subscribers got in, most bought at the opening, from what I can tell, and I alienated everyone except the big dogs.\nIt is amazing that here we are in 2021 and the process, while letting clients in, failed to price it so that Robinhood left money on the table. Believe me, it was possible to do so. But the underwriters and the management chose not to do so. We don't know which side screwed up, or both, but there was a successful blueprint; believe me, if I knew what it was in 1999, they knew what it is now.\nI always regretted what happened. Most people blamed me as I was the face of the process. I was astounded by how horrendous it was and did not \"take the long view\" because the long view sucked.\nWhy do these things go wrong? I do blame the underwriter because they do this every day and the principals only do it once. They have to keep the management from betraying the shareholders because the shareholders think that it is management's fault. No underwriter is EVER going to say that they screwed up. That's not in the cards.\nSo, we sit back and we marvel about how badly the deal went even as it was well within the province of the underwriter and the principals to make it so Robinhood left more on the table.\nGreed?\nStupidity?\nHow about poor execution and a lack of transparency that shows how badly it was handled.\nJust like the offering ofTheStreet.com.","news_type":1,"symbols_score_info":{"HOOD":0.9}},"isVote":1,"tweetType":1,"viewCount":1452,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":808086052,"gmtCreate":1627544188376,"gmtModify":1633763952792,"author":{"id":"4089279707525330","authorId":"4089279707525330","name":"chong189","avatar":"https://static.tigerbbs.com/9e54877e37a14aa4940efa52e3a31fe4","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4089279707525330","idStr":"4089279707525330"},"themes":[],"htmlText":"Interesting","listText":"Interesting","text":"Interesting","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/808086052","repostId":"2154927572","repostType":4,"repost":{"id":"2154927572","kind":"highlight","pubTimestamp":1627543239,"share":"https://www.laohu8.com/m/news/2154927572?lang=zh_CN&edition=full","pubTime":"2021-07-29 15:20","market":"us","language":"en","title":"Have we reached peak Apple? Some say the company is just getting started<blockquote>我们达到峰值苹果了吗？有人说公司才刚刚起步</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=2154927572","media":"MarketWatch","summary":"A vast runway in 5G leaves many analysts feeling upbeat, even as Apple predicted a growth slowdown o","content":"<p>A vast runway in 5G leaves many analysts feeling upbeat, even as Apple predicted a growth slowdown on latest earnings call</p><p><blockquote>尽管苹果在最新财报看涨期权上预测增长放缓，但5G的广阔跑道让许多分析师感到乐观</blockquote></p><p> <img src=\"https://static.tigerbbs.com/ea1ebec3933d7b7b7abe3b567983638b\" tg-width=\"700\" tg-height=\"466\" width=\"100%\" height=\"auto\"></p><p><blockquote></blockquote></p><p> A standout quarter for Apple Inc. has analysts wondering whether we've seen peak Apple--or whether the smartphone giant is still \"early\" in its journey of smartphone dominance.</p><p><blockquote>苹果公司出色的季度让分析师想知道我们是否已经看到了苹果的顶峰，或者这家智能手机巨头是否仍处于智能手机主导地位之旅的“早期”。</blockquote></p><p> Shares of Apple are off 0.9% in Wednesday morning trading after the company easily exceeded expectations with its June-quarter results but predicted that revenue growth would slow in the current quarter given expectations of greater impacts from supply constraints and a return to more normal growth for the red-hot services business. The stock was down as much as 2.9% earlier in the session before paring its losses.</p><p><blockquote>苹果股价在周三早盘交易中下跌0.9%，此前该公司6月份季度业绩轻松超出预期，但预计本季度收入增长将放缓，因为预计供应限制将产生更大影响，并恢复更正常的增长。火热的服务业务。该股盘中早些时候一度下跌2.9%，随后收复跌幅。</blockquote></p><p> Apple has been viewed as a strong beneficiary of the pandemic's digital boom, and Chief Executive Tim Cook addressed that topic in response to an analyst's question on the earnings call. He pointed to strong demand for Macs and iPads amid a shift to remote work, as well as greater interest in digital services, though he also noted that other services like advertising and AppleCare saw negative effects, while consumers may have hesitated to make \"more complex\" purchases of Apple Watches or iPhones.</p><p><blockquote>苹果一直被视为疫情数字繁荣的强劲受益者，首席执行官蒂姆·库克在回答分析师关于财报看涨期权的问题时谈到了这个话题。他指出，随着向远程工作的转变，对Mac和iPad的需求强劲，以及对数字服务的更大兴趣，不过他也指出，广告和AppleCare等其他服务也出现了负面影响，而消费者可能对“更复杂”的购买犹豫不决。购买苹果手表或iPhone。</blockquote></p><p> The post-pandemic world \"would be very good for us\" and customers, he continued.</p><p><blockquote>他继续说，大流行后的世界“对我们”和客户来说非常好。</blockquote></p><p> Still, the report and outlook ignited debate about how much juice is left in the Apple story. In a note titled \"Strong Beat, But FY21 Likely Peaking,\" BMO Capital Markets analyst Tim Long called out the company's expectations for a growth deceleration, while also citing some broader concerns that give him pause on the stock.</p><p><blockquote>尽管如此，这份报告和展望还是引发了关于苹果故事还剩下多少活力的争论。BMO资本市场分析师蒂姆·朗(Tim Long)在一份题为“强劲表现，但2021财年可能见顶”的报告中指出了该公司对增长减速的预期，同时还列举了一些更广泛的担忧，使他对该股持暂停态度。</blockquote></p><p> Though Long boosted his price target to $142 from $134 after the report, he kept an equal-weight rating \"mainly on headwinds sustaining current demand levels including [the iPhone 13] cycle, tougher comps on Mac/iPad, regulatory overhang (App Store, Google [traffic acquisition costs]) as well as fair valuation.\"</p><p><blockquote>尽管朗在报告发布后将目标价从134美元上调至142美元，但他仍维持等权重评级，“主要是因为维持当前需求水平的不利因素，包括[iPhone 13]周期、Mac/iPad更严格的竞争、监管悬而未决（App Store、谷歌[流量获取成本]）以及公平估值。”</blockquote></p><p> Citi's Jim Suva wrote that Apple had \"nearly a perfect quarter,\" except for the fact that it didn't issue formal guidance for the September period. Apple's projection that sales will grow by double digits but at a lower rate than the 36% shown in the June quarter signals \"a very wide range,\" he continued.</p><p><blockquote>花旗的Jim Suva写道，苹果“几乎是一个完美的季度”，只是没有发布9月份的正式指引。他继续说道，苹果预测销售额将以两位数增长，但增速低于6月份季度显示的36%，这表明“范围非常广泛”。</blockquote></p><p> Suva noted that his estimates and consensus figures \"will materially move higher\" after the report and commentary. He maintained a buy rating and $170 target price on Apple's stock.</p><p><blockquote>苏瓦指出，在报告和评论发布后，他的估计和共识数字“将大幅上升”。他维持苹果股票的买入评级和170美元的目标价。</blockquote></p><p> Numerous other analysts chimed in with upbeat takes about Apple's positioning in the \"early\" days of the 5G upgrade cycle.</p><p><blockquote>许多其他分析师也对苹果在5G升级周期“早期”的定位持乐观态度。</blockquote></p><p> Apple's strong results were \"atypical\" for what's usually the company's weakest quarter of the year, wrote Jefferies analyst Kyle McNealy, in what could be a more broadly positive sign for the company.</p><p><blockquote>杰富瑞(Jefferies)分析师Kyle McNealy写道，苹果的强劲业绩对于该公司通常是一年中最疲软的季度来说是“非典型的”，这对该公司来说可能是一个更广泛的积极信号。</blockquote></p><p> \"We think this is representative of the continued traction they're getting with the 5G iPhone lineup,\" he said. \"In our view, the Street still underappreciates that Apple's positioned to benefit from the 5G product cycle under way,\" with data from carrier <a href=\"https://laohu8.com/S/TMUSR\">T-Mobile US Inc</a>. <a href=\"https://laohu8.com/S/TMUS\">$(TMUS)$</a> indicating still-low upgrade rates.</p><p><blockquote>“我们认为这代表了5G iPhone系列持续受到的关注，”他说。运营商的数据显示：“我们认为，华尔街仍然低估了苹果从正在进行的5G产品周期中受益的地位。”<a href=\"https://laohu8.com/S/TMUSR\">T-Mobile美国公司</a>.<a href=\"https://laohu8.com/S/TMUS\">$(TMUS)$</a>表明升级率仍然很低。</blockquote></p><p> McNealy has a buy rating and $175 price target on the stock.</p><p><blockquote>McNealy对该股给予买入评级和175美元的目标价。</blockquote></p><p> Wells Fargo's Aaron Rakers took a similar view. \"With investors' focus now largely on the sustainability of demand trends into 2H2021 &amp; 2022, we take the view that we are still in the early innings of the 5G cycle (limited countries with double-digit 5G penetration today) and believe consumer demand is likely to remain strong with a massive upgrade opportunity ahead,\" he wrote.</p><p><blockquote>富国银行的亚伦·雷克斯也持类似观点。“由于投资者现在主要关注2021年下半年和2022年需求趋势的可持续性，我们认为我们仍处于5G周期的早期阶段（目前5G渗透率达到两位数的国家有限），并相信消费者需求随着未来巨大的升级机会，需求可能会保持强劲，”他写道。</blockquote></p><p> Rakers rates the stock at overweight and boosted his price target to $165 from $160.</p><p><blockquote>Rakers对跑赢大盘的股票进行了评级，并将目标价从160美元上调至165美元。</blockquote></p><p> Of the 44 analysts tracked by FactSet who cover Apple's stock, 33 have buy ratings, eight have hold ratings, and three have sell ratings. The average price target is $161.80, about 10% above current levels.</p><p><blockquote>FactSet追踪的44名研究苹果股票的分析师中，33名给予买入评级，8名给予持有评级，3名给予卖出评级。平均目标价为161.80美元，较当前水平高出约10%。</blockquote></p><p> The stock, which reached a record close of $149.15 earlier this month, has gained 9.6% year to date, while the Nasdaq-100 Index has advanced 16.6% and the Dow Jones Industrial Average has climbed 14.5%.</p><p><blockquote>该股本月早些时候触及创纪录的149.15美元收盘价，今年迄今已上涨9.6%，纳斯达克100指数上涨16.6%，道琼斯工业平均指数上涨14.5%。</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>Have we reached peak Apple? Some say the company is just getting started<blockquote>我们达到峰值苹果了吗？有人说公司才刚刚起步</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\">\nHave we reached peak Apple? Some say the company is just getting started<blockquote>我们达到峰值苹果了吗？有人说公司才刚刚起步</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">MarketWatch</strong><span class=\"h-time small\">2021-07-29 15:20</span>\n</p>\n</h4>\n</header>\n<article>\n<p>A vast runway in 5G leaves many analysts feeling upbeat, even as Apple predicted a growth slowdown on latest earnings call</p><p><blockquote>尽管苹果在最新财报看涨期权上预测增长放缓，但5G的广阔跑道让许多分析师感到乐观</blockquote></p><p> <img src=\"https://static.tigerbbs.com/ea1ebec3933d7b7b7abe3b567983638b\" tg-width=\"700\" tg-height=\"466\" width=\"100%\" height=\"auto\"></p><p><blockquote></blockquote></p><p> A standout quarter for Apple Inc. has analysts wondering whether we've seen peak Apple--or whether the smartphone giant is still \"early\" in its journey of smartphone dominance.</p><p><blockquote>苹果公司出色的季度让分析师想知道我们是否已经看到了苹果的顶峰，或者这家智能手机巨头是否仍处于智能手机主导地位之旅的“早期”。</blockquote></p><p> Shares of Apple are off 0.9% in Wednesday morning trading after the company easily exceeded expectations with its June-quarter results but predicted that revenue growth would slow in the current quarter given expectations of greater impacts from supply constraints and a return to more normal growth for the red-hot services business. The stock was down as much as 2.9% earlier in the session before paring its losses.</p><p><blockquote>苹果股价在周三早盘交易中下跌0.9%，此前该公司6月份季度业绩轻松超出预期，但预计本季度收入增长将放缓，因为预计供应限制将产生更大影响，并恢复更正常的增长。火热的服务业务。该股盘中早些时候一度下跌2.9%，随后收复跌幅。</blockquote></p><p> Apple has been viewed as a strong beneficiary of the pandemic's digital boom, and Chief Executive Tim Cook addressed that topic in response to an analyst's question on the earnings call. He pointed to strong demand for Macs and iPads amid a shift to remote work, as well as greater interest in digital services, though he also noted that other services like advertising and AppleCare saw negative effects, while consumers may have hesitated to make \"more complex\" purchases of Apple Watches or iPhones.</p><p><blockquote>苹果一直被视为疫情数字繁荣的强劲受益者，首席执行官蒂姆·库克在回答分析师关于财报看涨期权的问题时谈到了这个话题。他指出，随着向远程工作的转变，对Mac和iPad的需求强劲，以及对数字服务的更大兴趣，不过他也指出，广告和AppleCare等其他服务也出现了负面影响，而消费者可能对“更复杂”的购买犹豫不决。购买苹果手表或iPhone。</blockquote></p><p> The post-pandemic world \"would be very good for us\" and customers, he continued.</p><p><blockquote>他继续说，大流行后的世界“对我们”和客户来说非常好。</blockquote></p><p> Still, the report and outlook ignited debate about how much juice is left in the Apple story. In a note titled \"Strong Beat, But FY21 Likely Peaking,\" BMO Capital Markets analyst Tim Long called out the company's expectations for a growth deceleration, while also citing some broader concerns that give him pause on the stock.</p><p><blockquote>尽管如此，这份报告和展望还是引发了关于苹果故事还剩下多少活力的争论。BMO资本市场分析师蒂姆·朗(Tim Long)在一份题为“强劲表现，但2021财年可能见顶”的报告中指出了该公司对增长减速的预期，同时还列举了一些更广泛的担忧，使他对该股持暂停态度。</blockquote></p><p> Though Long boosted his price target to $142 from $134 after the report, he kept an equal-weight rating \"mainly on headwinds sustaining current demand levels including [the iPhone 13] cycle, tougher comps on Mac/iPad, regulatory overhang (App Store, Google [traffic acquisition costs]) as well as fair valuation.\"</p><p><blockquote>尽管朗在报告发布后将目标价从134美元上调至142美元，但他仍维持等权重评级，“主要是因为维持当前需求水平的不利因素，包括[iPhone 13]周期、Mac/iPad更严格的竞争、监管悬而未决（App Store、谷歌[流量获取成本]）以及公平估值。”</blockquote></p><p> Citi's Jim Suva wrote that Apple had \"nearly a perfect quarter,\" except for the fact that it didn't issue formal guidance for the September period. Apple's projection that sales will grow by double digits but at a lower rate than the 36% shown in the June quarter signals \"a very wide range,\" he continued.</p><p><blockquote>花旗的Jim Suva写道，苹果“几乎是一个完美的季度”，只是没有发布9月份的正式指引。他继续说道，苹果预测销售额将以两位数增长，但增速低于6月份季度显示的36%，这表明“范围非常广泛”。</blockquote></p><p> Suva noted that his estimates and consensus figures \"will materially move higher\" after the report and commentary. He maintained a buy rating and $170 target price on Apple's stock.</p><p><blockquote>苏瓦指出，在报告和评论发布后，他的估计和共识数字“将大幅上升”。他维持苹果股票的买入评级和170美元的目标价。</blockquote></p><p> Numerous other analysts chimed in with upbeat takes about Apple's positioning in the \"early\" days of the 5G upgrade cycle.</p><p><blockquote>许多其他分析师也对苹果在5G升级周期“早期”的定位持乐观态度。</blockquote></p><p> Apple's strong results were \"atypical\" for what's usually the company's weakest quarter of the year, wrote Jefferies analyst Kyle McNealy, in what could be a more broadly positive sign for the company.</p><p><blockquote>杰富瑞(Jefferies)分析师Kyle McNealy写道，苹果的强劲业绩对于该公司通常是一年中最疲软的季度来说是“非典型的”，这对该公司来说可能是一个更广泛的积极信号。</blockquote></p><p> \"We think this is representative of the continued traction they're getting with the 5G iPhone lineup,\" he said. \"In our view, the Street still underappreciates that Apple's positioned to benefit from the 5G product cycle under way,\" with data from carrier <a href=\"https://laohu8.com/S/TMUSR\">T-Mobile US Inc</a>. <a href=\"https://laohu8.com/S/TMUS\">$(TMUS)$</a> indicating still-low upgrade rates.</p><p><blockquote>“我们认为这代表了5G iPhone系列持续受到的关注，”他说。运营商的数据显示：“我们认为，华尔街仍然低估了苹果从正在进行的5G产品周期中受益的地位。”<a href=\"https://laohu8.com/S/TMUSR\">T-Mobile美国公司</a>.<a href=\"https://laohu8.com/S/TMUS\">$(TMUS)$</a>表明升级率仍然很低。</blockquote></p><p> McNealy has a buy rating and $175 price target on the stock.</p><p><blockquote>McNealy对该股给予买入评级和175美元的目标价。</blockquote></p><p> Wells Fargo's Aaron Rakers took a similar view. \"With investors' focus now largely on the sustainability of demand trends into 2H2021 &amp; 2022, we take the view that we are still in the early innings of the 5G cycle (limited countries with double-digit 5G penetration today) and believe consumer demand is likely to remain strong with a massive upgrade opportunity ahead,\" he wrote.</p><p><blockquote>富国银行的亚伦·雷克斯也持类似观点。“由于投资者现在主要关注2021年下半年和2022年需求趋势的可持续性，我们认为我们仍处于5G周期的早期阶段（目前5G渗透率达到两位数的国家有限），并相信消费者需求随着未来巨大的升级机会，需求可能会保持强劲，”他写道。</blockquote></p><p> Rakers rates the stock at overweight and boosted his price target to $165 from $160.</p><p><blockquote>Rakers对跑赢大盘的股票进行了评级，并将目标价从160美元上调至165美元。</blockquote></p><p> Of the 44 analysts tracked by FactSet who cover Apple's stock, 33 have buy ratings, eight have hold ratings, and three have sell ratings. The average price target is $161.80, about 10% above current levels.</p><p><blockquote>FactSet追踪的44名研究苹果股票的分析师中，33名给予买入评级，8名给予持有评级，3名给予卖出评级。平均目标价为161.80美元，较当前水平高出约10%。</blockquote></p><p> The stock, which reached a record close of $149.15 earlier this month, has gained 9.6% year to date, while the Nasdaq-100 Index has advanced 16.6% and the Dow Jones Industrial Average has climbed 14.5%.</p><p><blockquote>该股本月早些时候触及创纪录的149.15美元收盘价，今年迄今已上涨9.6%，纳斯达克100指数上涨16.6%，道琼斯工业平均指数上涨14.5%。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.marketwatch.com/story/have-we-reached-peak-apple-some-say-the-company-is-just-getting-started-11627487255?mod=home-page\">MarketWatch</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果"},"source_url":"https://www.marketwatch.com/story/have-we-reached-peak-apple-some-say-the-company-is-just-getting-started-11627487255?mod=home-page","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2154927572","content_text":"A vast runway in 5G leaves many analysts feeling upbeat, even as Apple predicted a growth slowdown on latest earnings call\n\nA standout quarter for Apple Inc. has analysts wondering whether we've seen peak Apple--or whether the smartphone giant is still \"early\" in its journey of smartphone dominance.\nShares of Apple are off 0.9% in Wednesday morning trading after the company easily exceeded expectations with its June-quarter results but predicted that revenue growth would slow in the current quarter given expectations of greater impacts from supply constraints and a return to more normal growth for the red-hot services business. The stock was down as much as 2.9% earlier in the session before paring its losses.\nApple has been viewed as a strong beneficiary of the pandemic's digital boom, and Chief Executive Tim Cook addressed that topic in response to an analyst's question on the earnings call. He pointed to strong demand for Macs and iPads amid a shift to remote work, as well as greater interest in digital services, though he also noted that other services like advertising and AppleCare saw negative effects, while consumers may have hesitated to make \"more complex\" purchases of Apple Watches or iPhones.\nThe post-pandemic world \"would be very good for us\" and customers, he continued.\nStill, the report and outlook ignited debate about how much juice is left in the Apple story. In a note titled \"Strong Beat, But FY21 Likely Peaking,\" BMO Capital Markets analyst Tim Long called out the company's expectations for a growth deceleration, while also citing some broader concerns that give him pause on the stock.\nThough Long boosted his price target to $142 from $134 after the report, he kept an equal-weight rating \"mainly on headwinds sustaining current demand levels including [the iPhone 13] cycle, tougher comps on Mac/iPad, regulatory overhang (App Store, Google [traffic acquisition costs]) as well as fair valuation.\"\nCiti's Jim Suva wrote that Apple had \"nearly a perfect quarter,\" except for the fact that it didn't issue formal guidance for the September period. Apple's projection that sales will grow by double digits but at a lower rate than the 36% shown in the June quarter signals \"a very wide range,\" he continued.\nSuva noted that his estimates and consensus figures \"will materially move higher\" after the report and commentary. He maintained a buy rating and $170 target price on Apple's stock.\nNumerous other analysts chimed in with upbeat takes about Apple's positioning in the \"early\" days of the 5G upgrade cycle.\nApple's strong results were \"atypical\" for what's usually the company's weakest quarter of the year, wrote Jefferies analyst Kyle McNealy, in what could be a more broadly positive sign for the company.\n\"We think this is representative of the continued traction they're getting with the 5G iPhone lineup,\" he said. \"In our view, the Street still underappreciates that Apple's positioned to benefit from the 5G product cycle under way,\" with data from carrier T-Mobile US Inc. $(TMUS)$ indicating still-low upgrade rates.\nMcNealy has a buy rating and $175 price target on the stock.\nWells Fargo's Aaron Rakers took a similar view. \"With investors' focus now largely on the sustainability of demand trends into 2H2021 & 2022, we take the view that we are still in the early innings of the 5G cycle (limited countries with double-digit 5G penetration today) and believe consumer demand is likely to remain strong with a massive upgrade opportunity ahead,\" he wrote.\nRakers rates the stock at overweight and boosted his price target to $165 from $160.\nOf the 44 analysts tracked by FactSet who cover Apple's stock, 33 have buy ratings, eight have hold ratings, and three have sell ratings. The average price target is $161.80, about 10% above current levels.\nThe stock, which reached a record close of $149.15 earlier this month, has gained 9.6% year to date, while the Nasdaq-100 Index has advanced 16.6% and the Dow Jones Industrial Average has climbed 14.5%.","news_type":1,"symbols_score_info":{"AAPL":0.9}},"isVote":1,"tweetType":1,"viewCount":2705,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}