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KasonT

KasonT

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2021-08-07

Ok

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2021-08-02

Good

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2021-08-02

👍

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2021-08-01

Hmmm

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2021-06-28

Great

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2021-06-18

Cool

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2021-06-14

Hmm

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2021-06-08

Hmmm

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2021-06-06

Microsoft maybe

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2021-06-04

Awesome

Where Will Apple Stock Be In 10 Years? What To Consider<blockquote>10年后苹果股票会在哪里？要考虑什么</blockquote>

2021-06-04

Because they lose too much

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2021-06-04

Hopefully go up again

AMC And GameStop Short Sellers Have Taken A $12B Loss In 2021<blockquote>AMC和游戏驿站卖空者在2021年损失了120B美元</blockquote>

2021-06-03

Wow

AMC And GameStop Short Sellers Have Taken A $12B Loss In 2021<blockquote>AMC和游戏驿站卖空者在2021年损失了120B美元</blockquote>

2021-06-03

Hmm

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2021-05-23

Hmmm

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2021-05-23

Hmmm

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2021-05-21

Hmmmm

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2021-05-19

Wow

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2021-05-14

Interesting, if there do so it will change a lot of things

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2021-05-14

Hmmm

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maybe","listText":"Microsoft maybe","text":"Microsoft maybe","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/115363572","repostId":"2140540596","repostType":4,"isVote":1,"tweetType":1,"viewCount":1260,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":116554554,"gmtCreate":1622813553278,"gmtModify":1634097764843,"author":{"id":"3549802203532457","authorId":"3549802203532457","name":"KasonT","avatar":"https://static.tigerbbs.com/27ab5f369fba0bf66b2ffb94ea148a0f","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3549802203532457","idStr":"3549802203532457"},"themes":[],"htmlText":"Awesome&nbsp;","listText":"Awesome&nbsp;","text":"Awesome","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/116554554","repostId":"1122373606","repostType":4,"repost":{"id":"1122373606","kind":"news","pubTimestamp":1622793373,"share":"https://www.laohu8.com/m/news/1122373606?lang=zh_CN&edition=full","pubTime":"2021-06-04 15:56","market":"us","language":"en","title":"Where Will Apple Stock Be In 10 Years? What To Consider<blockquote>10年后苹果股票会在哪里？要考虑什么</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1122373606","media":"seekingalpha","summary":"Summary\n\nApple has been a great investment over the last decade, but the next decade may look quite ","content":"<p><b>Summary</b></p><p><blockquote><b>总结</b></blockquote></p><p> <ul>  <li>Apple has been a great investment over the last decade, but the next decade may look quite different.</li>  <li>Apple has seen its growth slow down over the last decade, and it will likely not be a growth monster in the coming years, either.</li>  <li>Shares have ample long-term upside, but investors should consider the current valuation before jumping to decisions.</li> </ul> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/9f2ea192ed76d9772c2c6a820098faf5\" tg-width=\"1536\" tg-height=\"1024\" referrerpolicy=\"no-referrer\"><span>Photo by Paopano/iStock Editorial via Getty Images</span></p><p><blockquote><ul><li>苹果在过去十年中是一项伟大的投资，但下一个十年可能会大不相同。</li><li>苹果的增长在过去十年中有所放缓，未来几年也可能不会成为增长怪物。</li><li>股价具有充足的长期上涨空间，但投资者在做出决定之前应考虑当前的估值。</li></ul><p class=\"t-img-caption\"><span>摄影：Paopano/iStock社论，来自Getty Images</span></p></blockquote></p><p> <b>Article Thesis</b></p><p><blockquote><b>文章论文</b></blockquote></p><p> Apple (AAPL) has been one of the best investments one could have made over the last decade. Over the next decade, its growth may not be the same, however. Yet, thanks to massive shareholder return programs and a move towards services, Apple's stock will likely still be significantly higher a decade from now - even though the current valuation is rather high.</p><p><blockquote>苹果（AAPL）是过去十年中最好的投资之一。然而，在接下来的十年里，它的增长可能会有所不同。然而，由于大规模的股东回报计划和向服务业的转变，苹果的股价在十年后仍可能大幅上涨——尽管目前的估值相当高。</blockquote></p><p> <b>Apple Stock Price</b></p><p><blockquote><b>苹果股价</b></blockquote></p><p> Over the last decade, Apple Inc. has been a great investment:</p><p><blockquote>在过去十年中，苹果公司一直是一项伟大的投资：</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/5d29aa34bdbc5bab7d0730a4095954e6\" tg-width=\"635\" tg-height=\"419\"><span>Data by YCharts</span></p><p><blockquote><p class=\"t-img-caption\"><span>数据来自YCharts</span></p></blockquote></p><p> Shares have returned 900% in those ten years, before dividends, for a compounded annual return of approximately 26%, easily trouncing the returns of the broad market during that time frame. Importantly, shares have risen a lot more than the company's market capitalization, which grew by only 550% over the last decade. The difference can be explained by the company's large share repurchase programs, which have lowered the share count drastically over the last decade. The last decade, of course, was a highly successful period for Apple on a business basis, as the company benefited from the rise of smartphones while also having success with new products such as its Watch and tablets, which Apple more or less introduced as a new product category. Right now, shares trade for $125, up 57% over the last twelve months, but down 6% in 2021 to date. Following strong gains during 2020, shares seem to be in a consolidation pattern for now, which is not too much of a surprise, as Apple's valuation had expanded a lot in the recent past, and it seems that the company's business growth has to catch up to the recent share price increases now. The current consensus price target is $156, which implies an upside potential of 25%. Since there are no signs of shares leaving their current trading range right now, I personally do not think that Apple will breach $150 in the near term.</p><p><blockquote>在这十年中，扣除股息前，股票回报率为900%，复合年回报率约为26%，轻松击败了同期大盘的回报率。重要的是，该公司股价的涨幅远远超过了该公司的市值，而该公司的市值在过去十年中仅增长了550%。这种差异可以用该公司的大规模股票回购计划来解释，该计划在过去十年中大幅减少了股票数量。当然，过去十年对苹果来说是商业上非常成功的时期，因为该公司受益于智能手机的兴起，同时也在手表和平板电脑等新产品上取得了成功，苹果或多或少地将其作为一个新产品类别推出。目前，股价为125美元，过去12个月上涨57%，但2021年迄今下跌6%。继2020年强劲上涨之后，股价目前似乎处于盘整格局，这并不令人意外，因为苹果的估值最近已经扩大了很多，而且该公司的业务增长似乎必须赶上最近的股价上涨。目前的一致目标价为156美元，这意味着25%的上涨潜力。由于目前没有迹象表明股价会离开当前的交易区间，我个人认为苹果短期内不会突破150美元。</blockquote></p><p> <b>Where Will Apple Stock Be In 10 Years</b></p><p><blockquote><b>10年后苹果股票会在哪里</b></blockquote></p><p> Apple's stock price in 2031 is, of course, nothing that can be forecasted with any precision. As history has shown, again and again, it is not even possible to forecast share prices precisely over a much shorter period of time. It is, however, possible to craft scenarios to see where share prices could be in the future under certain conditions, to get a feel for what might be a reasonable expectation for the future.</p><p><blockquote>当然，苹果2031年的股价是无法准确预测的。正如历史一次又一次地表明的那样，甚至不可能在更短的时间内准确预测股价。然而，可以设计情景来了解在某些条件下未来股价的走势，从而了解对未来的合理预期。</blockquote></p><p> To craft one such scenario, we have to consider Apple's business growth, Apple's shareholder return program, and the valuation multiple that shares might trade at in the future.</p><p><blockquote>为了构建这样的场景，我们必须考虑苹果的业务增长、苹果的股东回报计划以及股票未来可能交易的估值倍数。</blockquote></p><p> <b>Apple's business growth</b></p><p><blockquote><b>苹果的业务增长</b></blockquote></p><p> Apple Inc. has seen years of stronger growth and years of weaker growth in the past. This mostly can be explained by factors such as new product introductions, e.g. Watch or iPad, and by the strength of the respective current iPhone models, which see varying demand depending on the year. Other factors, such as economic growth or trade issues, play a role as well.</p><p><blockquote>苹果公司过去曾经历过多年的强劲增长和多年的疲软增长。这主要可以用新产品推出等因素来解释，例如。手表或iPad，以及各自当前iPhone型号的强度，这些型号的需求因年份而异。其他因素，如经济增长或贸易问题，也发挥了作用。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/a5b8bd8ef6cdaa13850c1380e870554c\" tg-width=\"635\" tg-height=\"419\"><span>Data by YCharts</span></p><p><blockquote><p class=\"t-img-caption\"><span>数据来自YCharts</span></p></blockquote></p><p> Overall, revenues have grown by 154% over the last decade, but as we see in the above chart, revenue growth has been relatively uneven. During the early 2010s, Apple generated massive growth on the back of the iPhones \"road to victory\", whereas revenue growth declined to a much slower pace in the following years. There were even some years during which revenues declined on a year-over-year basis, such as 2016. The average annual revenue growth pace was 10% over the last decade, but when we factor in that this was lifted up by the very strong growth in 2011 and 2012, it may not be too reasonable to assume that Apple will grow by 10% a year in the future, too. Investors should also consider that maintaining a high growth rate becomes ever more difficult the larger a company gets. This does, however, not mean that Apple's revenue growth will slow down to zero.</p><p><blockquote>总体而言，过去十年收入增长了154%，但正如我们在上图中看到的，收入增长相对不均衡。2010年代初，苹果凭借iPhone的“胜利之路”实现了巨大增长，而在接下来的几年里，收入增长速度放缓。甚至有一些年份的收入同比下降，例如2016年。过去十年的平均年收入增长率为10%，但当我们考虑到2011年和2012年的强劲增长推动了这一增长率时，假设苹果将增长10%可能不太合理。未来一年也是如此。投资者还应该考虑到，公司规模越大，保持高增长率就变得越困难。然而，这并不意味着苹果的收入增长将放缓至零。</blockquote></p><p></p><p> On the back of price increases for its products and the potential for market share gains in&nbsp;high-growth countries such as China, where more and more people will be able to buy Apple's higher-priced products, it seems reasonable to assume that Apple will generate at least some growth from its core businesses. Add in growth in the services segment - people use their phones more and more, which should lead to higher app spending - and consider the potential for new product launches (although I assume none will be as massive as the iPhone), and Apple should be able to grow its business at a solid pace. I personally assume that a 5%-7% revenue growth rate could be a realistic estimate for the coming years, although some readers will of course have different opinions.</p><p><blockquote>在其产品价格上涨以及中国等高增长国家市场份额增长的潜力（越来越多的人将能够购买苹果价格较高的产品）的背景下，似乎有理由假设苹果将至少从其核心业务中产生一些增长。再加上服务领域的增长——人们越来越多地使用手机，这应该会导致更高的应用支出——并考虑新产品发布的潜力（尽管我认为没有一款产品会像iPhone那样庞大），苹果应该能够以稳健的速度发展其业务。我个人认为5%-7%的收入增长率可能是未来几年的现实估计，尽管一些读者当然会有不同的意见。</blockquote></p><p> <b>Apple's shareholder returns</b></p><p><blockquote><b>苹果的股东回报</b></blockquote></p><p> Apple has lowered its share count massively in the past, as shown above, and it is, I believe, reasonable to assume that the same will happen going forward. Over the last decade, Apple bought back 36% of its shares. If the same were to happen over the next decade, each remaining share's portion of the company's value would rise by 56%, or 4.6% annualized. Due to the fact that Apple's current valuation is significantly higher than its historic valuation, buybacks could be less impactful in the future, though. Apple has, for example, only reduced its share count by 2.6% over the last year.</p><p><blockquote>如上所示，苹果过去曾大幅减少其股票数量，我相信，有理由假设未来也会发生同样的情况。过去十年，苹果回购了36%的股份。如果未来十年发生同样的情况，每股剩余股票在公司价值中的份额将上涨56%，即年化4.6%。不过，由于苹果目前的估值明显高于其历史估值，回购在未来的影响可能会较小。例如，苹果去年的股票数量仅减少了2.6%。</blockquote></p><p> This is why I believe that the share count will not decline by another 36% over the coming decade. When we adjust that downward to 25%, this would result in a ~3% annual tailwind for Apple's growth when we look at per-share metrics, which are the deciding factor for Apple's share price growth. Combined with my 5%-7% business growth estimate, I thus assume that Apple will grow by 8%-10% on a per-share basis in the long term.</p><p><blockquote>这就是为什么我相信未来十年股票数量不会再下降36%。当我们将其向下调整至25%时，当我们考虑每股指标时，这将为苹果的增长带来约3%的年度推动力，而每股指标是苹果股价增长的决定性因素。结合我5%-7%的业务增长预测，我因此假设苹果的每股长期增长将达到8%-10%。</blockquote></p><p> <b>Apple's future valuation</b></p><p><blockquote><b>苹果的未来估值</b></blockquote></p><p> AAPL has been valued in a very wide range in the past, seeing its shares trade for very low multiples at some points, whereas investors were willing to pay significantly more at other times:</p><p><blockquote>苹果公司过去的估值范围很广，其股票在某些时候的市盈率非常低，而投资者在其他时候愿意支付更高的价格：</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/be5cb8bbc04ff0e0a13ee64f6f2bd90a\" tg-width=\"635\" tg-height=\"470\"><span>Data by YCharts</span></p><p><blockquote><p class=\"t-img-caption\"><span>数据来自YCharts</span></p></blockquote></p><p> Shares could, five years ago, be bought for a very low 10x net earnings, which naturally was a great time to enter or expand positions. In late 2020, however, shares were trading for as much as 40x the company's net earnings, which seems like a quite high valuation. Right now, AAPL trades at 28x trailing earnings, and at around 24x forward profits. In the above chart, we also see the median earnings multiples over the last 3, 5, 7, and 10 years. It is pretty clear that Apple's valuation has expanded over the years, which is why the median values are higher for the shorter \"lookback\" periods. I do not believe that AAPL will trade at the 15.5x net earnings that it has traded at, on average, over the last decade, as this seems like a rather low valuation for a quality company like Apple with a strong brand, massive scale, great margins, and a fortress balance sheet. On the other hand, I also don't believe that Apple will trade at a 24-28x earnings multiple forever - for a company that generates solid but unspectacular business growth in the mid-single-digits, that seems quite expensive. This is especially true when we consider that interest rates will likely be higher a decade from now, which should pressure valuations for all equities, all else equal. I thus believe that a valuation of around 20x net earnings could be a reasonable estimate for 2031, which would be more or less in line with the 3-year median earnings multiple.</p><p><blockquote>五年前，可以以非常低的10倍净利润购买股票，这自然是进入或扩大头寸的好时机。然而，2020年底，该公司的股价高达该公司净利润的40倍，这似乎是一个相当高的估值。目前，AAPL的往绩市盈率为28倍，远期利润约为24倍。在上图中，我们还看到了过去3年、5年、7年和10年的市盈率中位数。很明显，苹果的估值多年来一直在扩大，这就是为什么在较短的“回顾”期内中值较高。我不认为AAPL的市盈率会达到过去十年平均市盈率的15.5倍，因为对于像苹果这样拥有强大品牌、庞大规模的优质公司来说，这似乎是一个相当低的估值。、巨大的利润和堡垒般的资产负债表。另一方面，我也不相信苹果的市盈率会永远保持在24-28倍——对于一家业务增长稳健但不引人注目的中个位数的公司来说，这似乎相当昂贵。当我们考虑到十年后利率可能会更高时，尤其如此，在其他条件相同的情况下，这应该会给所有股票的估值带来压力。因此，我认为2031年净利润20倍左右的估值可能是合理的估计，这或多或少与3年市盈率中位数一致。</blockquote></p><p> <b>Is AAPL A Buy Or Sell Now</b></p><p><blockquote><b>AAPL现在是买入还是卖出</b></blockquote></p><p> Starting our calculation with an EPS estimate of $5.15 for 2021 and assuming that this will grow by 7%-10% a year through 2031, we reach an EPS range of $10.10 to $13.40. Putting a 20x earnings multiple on that leads to a target price of around $200-$270/share. At the midpoint of around $235, shares would thus see gains of around 90% from the current level, or around 6.5% annualized. That surely is not a bad return, and when we add in the dividend, we would get to an annualized return of roughly 7%. This is, on the other hand, also not an outrageously great return, I believe.</p><p><blockquote>从2021年每股收益估计为5.15美元开始计算，并假设到2031年每年增长7%-10%，我们的每股收益范围为10.10美元至13.40美元。将市盈率定为20倍，目标价约为每股200-270美元。因此，在235美元左右的中点，股价将较当前水平上涨约90%，年化涨幅约为6.5%。这肯定是一个不错的回报，当我们加上股息时，我们将获得大约7%的年化回报率。另一方面，我相信这也不是一个惊人的回报。</blockquote></p><p></p><p> AAPL has, I believe, significant upside potential over the next decade, but that should not be a large surprise - many companies will see significant growth over a time span this long. I personally am not too excited about a 7% expected long-term return. When we consider that shares do have considerable downside risk in the next 1-3 years if Apple's valuation declines, e.g. due to rising interest rates, it may be a better choice to stay on the sidelines for now. Long-term investors will likely not do badly when they buy shares at current levels, but they will likely also not do great. For now, I'd rate Apple a hold, and a potential buy if its valuation comes closer to the longer-term average. Those that are more optimistic about new product launches may disagree and favor buying here, but it could turn out that waiting for a better opportunity is the best choice here.</p><p><blockquote>我相信，苹果公司在未来十年具有巨大的上涨潜力，但这并不令人意外——许多公司将在这么长的时间内实现显着增长。我个人对7%的预期长期回报率不太兴奋。当我们考虑到，如果苹果的估值下降，例如由于利率上升，股价在未来1-3年内确实存在相当大的下行风险，目前保持观望可能是更好的选择。长期投资者在当前水平购买股票时可能不会表现不佳，但也可能不会表现出色。目前，我对苹果的评级为持有，如果其估值接近长期平均水平，则可能买入。那些对新产品发布更乐观的人可能不同意并倾向于在这里购买，但事实证明，等待更好的机会是这里的最佳选择。</blockquote></p><p> Summing it up, I'd say shares do have significant upside potential over the next decade, but the upside potential is not large enough to make me buy shares at current, elevated, valuations.</p><p><blockquote>总而言之，我想说，该股在未来十年确实有巨大的上涨潜力，但上涨潜力还不足以让我以当前较高的估值购买股票。</blockquote></p><p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Where Will Apple Stock Be In 10 Years? What To Consider<blockquote>10年后苹果股票会在哪里？要考虑什么</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhere Will Apple Stock Be In 10 Years? What To Consider<blockquote>10年后苹果股票会在哪里？要考虑什么</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">seekingalpha</strong><span class=\"h-time small\">2021-06-04 15:56</span>\n</p>\n</h4>\n</header>\n<article>\n<p><b>Summary</b></p><p><blockquote><b>总结</b></blockquote></p><p> <ul>  <li>Apple has been a great investment over the last decade, but the next decade may look quite different.</li>  <li>Apple has seen its growth slow down over the last decade, and it will likely not be a growth monster in the coming years, either.</li>  <li>Shares have ample long-term upside, but investors should consider the current valuation before jumping to decisions.</li> </ul> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/9f2ea192ed76d9772c2c6a820098faf5\" tg-width=\"1536\" tg-height=\"1024\" referrerpolicy=\"no-referrer\"><span>Photo by Paopano/iStock Editorial via Getty Images</span></p><p><blockquote><ul><li>苹果在过去十年中是一项伟大的投资，但下一个十年可能会大不相同。</li><li>苹果的增长在过去十年中有所放缓，未来几年也可能不会成为增长怪物。</li><li>股价具有充足的长期上涨空间，但投资者在做出决定之前应考虑当前的估值。</li></ul><p class=\"t-img-caption\"><span>摄影：Paopano/iStock社论，来自Getty Images</span></p></blockquote></p><p> <b>Article Thesis</b></p><p><blockquote><b>文章论文</b></blockquote></p><p> Apple (AAPL) has been one of the best investments one could have made over the last decade. Over the next decade, its growth may not be the same, however. Yet, thanks to massive shareholder return programs and a move towards services, Apple's stock will likely still be significantly higher a decade from now - even though the current valuation is rather high.</p><p><blockquote>苹果（AAPL）是过去十年中最好的投资之一。然而，在接下来的十年里，它的增长可能会有所不同。然而，由于大规模的股东回报计划和向服务业的转变，苹果的股价在十年后仍可能大幅上涨——尽管目前的估值相当高。</blockquote></p><p> <b>Apple Stock Price</b></p><p><blockquote><b>苹果股价</b></blockquote></p><p> Over the last decade, Apple Inc. has been a great investment:</p><p><blockquote>在过去十年中，苹果公司一直是一项伟大的投资：</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/5d29aa34bdbc5bab7d0730a4095954e6\" tg-width=\"635\" tg-height=\"419\"><span>Data by YCharts</span></p><p><blockquote><p class=\"t-img-caption\"><span>数据来自YCharts</span></p></blockquote></p><p> Shares have returned 900% in those ten years, before dividends, for a compounded annual return of approximately 26%, easily trouncing the returns of the broad market during that time frame. Importantly, shares have risen a lot more than the company's market capitalization, which grew by only 550% over the last decade. The difference can be explained by the company's large share repurchase programs, which have lowered the share count drastically over the last decade. The last decade, of course, was a highly successful period for Apple on a business basis, as the company benefited from the rise of smartphones while also having success with new products such as its Watch and tablets, which Apple more or less introduced as a new product category. Right now, shares trade for $125, up 57% over the last twelve months, but down 6% in 2021 to date. Following strong gains during 2020, shares seem to be in a consolidation pattern for now, which is not too much of a surprise, as Apple's valuation had expanded a lot in the recent past, and it seems that the company's business growth has to catch up to the recent share price increases now. The current consensus price target is $156, which implies an upside potential of 25%. Since there are no signs of shares leaving their current trading range right now, I personally do not think that Apple will breach $150 in the near term.</p><p><blockquote>在这十年中，扣除股息前，股票回报率为900%，复合年回报率约为26%，轻松击败了同期大盘的回报率。重要的是，该公司股价的涨幅远远超过了该公司的市值，而该公司的市值在过去十年中仅增长了550%。这种差异可以用该公司的大规模股票回购计划来解释，该计划在过去十年中大幅减少了股票数量。当然，过去十年对苹果来说是商业上非常成功的时期，因为该公司受益于智能手机的兴起，同时也在手表和平板电脑等新产品上取得了成功，苹果或多或少地将其作为一个新产品类别推出。目前，股价为125美元，过去12个月上涨57%，但2021年迄今下跌6%。继2020年强劲上涨之后，股价目前似乎处于盘整格局，这并不令人意外，因为苹果的估值最近已经扩大了很多，而且该公司的业务增长似乎必须赶上最近的股价上涨。目前的一致目标价为156美元，这意味着25%的上涨潜力。由于目前没有迹象表明股价会离开当前的交易区间，我个人认为苹果短期内不会突破150美元。</blockquote></p><p> <b>Where Will Apple Stock Be In 10 Years</b></p><p><blockquote><b>10年后苹果股票会在哪里</b></blockquote></p><p> Apple's stock price in 2031 is, of course, nothing that can be forecasted with any precision. As history has shown, again and again, it is not even possible to forecast share prices precisely over a much shorter period of time. It is, however, possible to craft scenarios to see where share prices could be in the future under certain conditions, to get a feel for what might be a reasonable expectation for the future.</p><p><blockquote>当然，苹果2031年的股价是无法准确预测的。正如历史一次又一次地表明的那样，甚至不可能在更短的时间内准确预测股价。然而，可以设计情景来了解在某些条件下未来股价的走势，从而了解对未来的合理预期。</blockquote></p><p> To craft one such scenario, we have to consider Apple's business growth, Apple's shareholder return program, and the valuation multiple that shares might trade at in the future.</p><p><blockquote>为了构建这样的场景，我们必须考虑苹果的业务增长、苹果的股东回报计划以及股票未来可能交易的估值倍数。</blockquote></p><p> <b>Apple's business growth</b></p><p><blockquote><b>苹果的业务增长</b></blockquote></p><p> Apple Inc. has seen years of stronger growth and years of weaker growth in the past. This mostly can be explained by factors such as new product introductions, e.g. Watch or iPad, and by the strength of the respective current iPhone models, which see varying demand depending on the year. Other factors, such as economic growth or trade issues, play a role as well.</p><p><blockquote>苹果公司过去曾经历过多年的强劲增长和多年的疲软增长。这主要可以用新产品推出等因素来解释，例如。手表或iPad，以及各自当前iPhone型号的强度，这些型号的需求因年份而异。其他因素，如经济增长或贸易问题，也发挥了作用。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/a5b8bd8ef6cdaa13850c1380e870554c\" tg-width=\"635\" tg-height=\"419\"><span>Data by YCharts</span></p><p><blockquote><p class=\"t-img-caption\"><span>数据来自YCharts</span></p></blockquote></p><p> Overall, revenues have grown by 154% over the last decade, but as we see in the above chart, revenue growth has been relatively uneven. During the early 2010s, Apple generated massive growth on the back of the iPhones \"road to victory\", whereas revenue growth declined to a much slower pace in the following years. There were even some years during which revenues declined on a year-over-year basis, such as 2016. The average annual revenue growth pace was 10% over the last decade, but when we factor in that this was lifted up by the very strong growth in 2011 and 2012, it may not be too reasonable to assume that Apple will grow by 10% a year in the future, too. Investors should also consider that maintaining a high growth rate becomes ever more difficult the larger a company gets. This does, however, not mean that Apple's revenue growth will slow down to zero.</p><p><blockquote>总体而言，过去十年收入增长了154%，但正如我们在上图中看到的，收入增长相对不均衡。2010年代初，苹果凭借iPhone的“胜利之路”实现了巨大增长，而在接下来的几年里，收入增长速度放缓。甚至有一些年份的收入同比下降，例如2016年。过去十年的平均年收入增长率为10%，但当我们考虑到2011年和2012年的强劲增长推动了这一增长率时，假设苹果将增长10%可能不太合理。未来一年也是如此。投资者还应该考虑到，公司规模越大，保持高增长率就变得越困难。然而，这并不意味着苹果的收入增长将放缓至零。</blockquote></p><p></p><p> On the back of price increases for its products and the potential for market share gains in&nbsp;high-growth countries such as China, where more and more people will be able to buy Apple's higher-priced products, it seems reasonable to assume that Apple will generate at least some growth from its core businesses. Add in growth in the services segment - people use their phones more and more, which should lead to higher app spending - and consider the potential for new product launches (although I assume none will be as massive as the iPhone), and Apple should be able to grow its business at a solid pace. I personally assume that a 5%-7% revenue growth rate could be a realistic estimate for the coming years, although some readers will of course have different opinions.</p><p><blockquote>在其产品价格上涨以及中国等高增长国家市场份额增长的潜力（越来越多的人将能够购买苹果价格较高的产品）的背景下，似乎有理由假设苹果将至少从其核心业务中产生一些增长。再加上服务领域的增长——人们越来越多地使用手机，这应该会导致更高的应用支出——并考虑新产品发布的潜力（尽管我认为没有一款产品会像iPhone那样庞大），苹果应该能够以稳健的速度发展其业务。我个人认为5%-7%的收入增长率可能是未来几年的现实估计，尽管一些读者当然会有不同的意见。</blockquote></p><p> <b>Apple's shareholder returns</b></p><p><blockquote><b>苹果的股东回报</b></blockquote></p><p> Apple has lowered its share count massively in the past, as shown above, and it is, I believe, reasonable to assume that the same will happen going forward. Over the last decade, Apple bought back 36% of its shares. If the same were to happen over the next decade, each remaining share's portion of the company's value would rise by 56%, or 4.6% annualized. Due to the fact that Apple's current valuation is significantly higher than its historic valuation, buybacks could be less impactful in the future, though. Apple has, for example, only reduced its share count by 2.6% over the last year.</p><p><blockquote>如上所示，苹果过去曾大幅减少其股票数量，我相信，有理由假设未来也会发生同样的情况。过去十年，苹果回购了36%的股份。如果未来十年发生同样的情况，每股剩余股票在公司价值中的份额将上涨56%，即年化4.6%。不过，由于苹果目前的估值明显高于其历史估值，回购在未来的影响可能会较小。例如，苹果去年的股票数量仅减少了2.6%。</blockquote></p><p> This is why I believe that the share count will not decline by another 36% over the coming decade. When we adjust that downward to 25%, this would result in a ~3% annual tailwind for Apple's growth when we look at per-share metrics, which are the deciding factor for Apple's share price growth. Combined with my 5%-7% business growth estimate, I thus assume that Apple will grow by 8%-10% on a per-share basis in the long term.</p><p><blockquote>这就是为什么我相信未来十年股票数量不会再下降36%。当我们将其向下调整至25%时，当我们考虑每股指标时，这将为苹果的增长带来约3%的年度推动力，而每股指标是苹果股价增长的决定性因素。结合我5%-7%的业务增长预测，我因此假设苹果的每股长期增长将达到8%-10%。</blockquote></p><p> <b>Apple's future valuation</b></p><p><blockquote><b>苹果的未来估值</b></blockquote></p><p> AAPL has been valued in a very wide range in the past, seeing its shares trade for very low multiples at some points, whereas investors were willing to pay significantly more at other times:</p><p><blockquote>苹果公司过去的估值范围很广，其股票在某些时候的市盈率非常低，而投资者在其他时候愿意支付更高的价格：</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/be5cb8bbc04ff0e0a13ee64f6f2bd90a\" tg-width=\"635\" tg-height=\"470\"><span>Data by YCharts</span></p><p><blockquote><p class=\"t-img-caption\"><span>数据来自YCharts</span></p></blockquote></p><p> Shares could, five years ago, be bought for a very low 10x net earnings, which naturally was a great time to enter or expand positions. In late 2020, however, shares were trading for as much as 40x the company's net earnings, which seems like a quite high valuation. Right now, AAPL trades at 28x trailing earnings, and at around 24x forward profits. In the above chart, we also see the median earnings multiples over the last 3, 5, 7, and 10 years. It is pretty clear that Apple's valuation has expanded over the years, which is why the median values are higher for the shorter \"lookback\" periods. I do not believe that AAPL will trade at the 15.5x net earnings that it has traded at, on average, over the last decade, as this seems like a rather low valuation for a quality company like Apple with a strong brand, massive scale, great margins, and a fortress balance sheet. On the other hand, I also don't believe that Apple will trade at a 24-28x earnings multiple forever - for a company that generates solid but unspectacular business growth in the mid-single-digits, that seems quite expensive. This is especially true when we consider that interest rates will likely be higher a decade from now, which should pressure valuations for all equities, all else equal. I thus believe that a valuation of around 20x net earnings could be a reasonable estimate for 2031, which would be more or less in line with the 3-year median earnings multiple.</p><p><blockquote>五年前，可以以非常低的10倍净利润购买股票，这自然是进入或扩大头寸的好时机。然而，2020年底，该公司的股价高达该公司净利润的40倍，这似乎是一个相当高的估值。目前，AAPL的往绩市盈率为28倍，远期利润约为24倍。在上图中，我们还看到了过去3年、5年、7年和10年的市盈率中位数。很明显，苹果的估值多年来一直在扩大，这就是为什么在较短的“回顾”期内中值较高。我不认为AAPL的市盈率会达到过去十年平均市盈率的15.5倍，因为对于像苹果这样拥有强大品牌、庞大规模的优质公司来说，这似乎是一个相当低的估值。、巨大的利润和堡垒般的资产负债表。另一方面，我也不相信苹果的市盈率会永远保持在24-28倍——对于一家业务增长稳健但不引人注目的中个位数的公司来说，这似乎相当昂贵。当我们考虑到十年后利率可能会更高时，尤其如此，在其他条件相同的情况下，这应该会给所有股票的估值带来压力。因此，我认为2031年净利润20倍左右的估值可能是合理的估计，这或多或少与3年市盈率中位数一致。</blockquote></p><p> <b>Is AAPL A Buy Or Sell Now</b></p><p><blockquote><b>AAPL现在是买入还是卖出</b></blockquote></p><p> Starting our calculation with an EPS estimate of $5.15 for 2021 and assuming that this will grow by 7%-10% a year through 2031, we reach an EPS range of $10.10 to $13.40. Putting a 20x earnings multiple on that leads to a target price of around $200-$270/share. At the midpoint of around $235, shares would thus see gains of around 90% from the current level, or around 6.5% annualized. That surely is not a bad return, and when we add in the dividend, we would get to an annualized return of roughly 7%. This is, on the other hand, also not an outrageously great return, I believe.</p><p><blockquote>从2021年每股收益估计为5.15美元开始计算，并假设到2031年每年增长7%-10%，我们的每股收益范围为10.10美元至13.40美元。将市盈率定为20倍，目标价约为每股200-270美元。因此，在235美元左右的中点，股价将较当前水平上涨约90%，年化涨幅约为6.5%。这肯定是一个不错的回报，当我们加上股息时，我们将获得大约7%的年化回报率。另一方面，我相信这也不是一个惊人的回报。</blockquote></p><p></p><p> AAPL has, I believe, significant upside potential over the next decade, but that should not be a large surprise - many companies will see significant growth over a time span this long. I personally am not too excited about a 7% expected long-term return. When we consider that shares do have considerable downside risk in the next 1-3 years if Apple's valuation declines, e.g. due to rising interest rates, it may be a better choice to stay on the sidelines for now. Long-term investors will likely not do badly when they buy shares at current levels, but they will likely also not do great. For now, I'd rate Apple a hold, and a potential buy if its valuation comes closer to the longer-term average. Those that are more optimistic about new product launches may disagree and favor buying here, but it could turn out that waiting for a better opportunity is the best choice here.</p><p><blockquote>我相信，苹果公司在未来十年具有巨大的上涨潜力，但这并不令人意外——许多公司将在这么长的时间内实现显着增长。我个人对7%的预期长期回报率不太兴奋。当我们考虑到，如果苹果的估值下降，例如由于利率上升，股价在未来1-3年内确实存在相当大的下行风险，目前保持观望可能是更好的选择。长期投资者在当前水平购买股票时可能不会表现不佳，但也可能不会表现出色。目前，我对苹果的评级为持有，如果其估值接近长期平均水平，则可能买入。那些对新产品发布更乐观的人可能不同意并倾向于在这里购买，但事实证明，等待更好的机会是这里的最佳选择。</blockquote></p><p> Summing it up, I'd say shares do have significant upside potential over the next decade, but the upside potential is not large enough to make me buy shares at current, elevated, valuations.</p><p><blockquote>总而言之，我想说，该股在未来十年确实有巨大的上涨潜力，但上涨潜力还不足以让我以当前较高的估值购买股票。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://seekingalpha.com/article/4432703-apple-stock-in-10-years\">seekingalpha</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果"},"source_url":"https://seekingalpha.com/article/4432703-apple-stock-in-10-years","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1122373606","content_text":"Summary\n\nApple has been a great investment over the last decade, but the next decade may look quite different.\nApple has seen its growth slow down over the last decade, and it will likely not be a growth monster in the coming years, either.\nShares have ample long-term upside, but investors should consider the current valuation before jumping to decisions.\n\nPhoto by Paopano/iStock Editorial via Getty Images\nArticle Thesis\nApple (AAPL) has been one of the best investments one could have made over the last decade. Over the next decade, its growth may not be the same, however. Yet, thanks to massive shareholder return programs and a move towards services, Apple's stock will likely still be significantly higher a decade from now - even though the current valuation is rather high.\nApple Stock Price\nOver the last decade, Apple Inc. has been a great investment:\nData by YCharts\nShares have returned 900% in those ten years, before dividends, for a compounded annual return of approximately 26%, easily trouncing the returns of the broad market during that time frame. Importantly, shares have risen a lot more than the company's market capitalization, which grew by only 550% over the last decade. The difference can be explained by the company's large share repurchase programs, which have lowered the share count drastically over the last decade. The last decade, of course, was a highly successful period for Apple on a business basis, as the company benefited from the rise of smartphones while also having success with new products such as its Watch and tablets, which Apple more or less introduced as a new product category. Right now, shares trade for $125, up 57% over the last twelve months, but down 6% in 2021 to date. Following strong gains during 2020, shares seem to be in a consolidation pattern for now, which is not too much of a surprise, as Apple's valuation had expanded a lot in the recent past, and it seems that the company's business growth has to catch up to the recent share price increases now. The current consensus price target is $156, which implies an upside potential of 25%. Since there are no signs of shares leaving their current trading range right now, I personally do not think that Apple will breach $150 in the near term.\nWhere Will Apple Stock Be In 10 Years\nApple's stock price in 2031 is, of course, nothing that can be forecasted with any precision. As history has shown, again and again, it is not even possible to forecast share prices precisely over a much shorter period of time. It is, however, possible to craft scenarios to see where share prices could be in the future under certain conditions, to get a feel for what might be a reasonable expectation for the future.\nTo craft one such scenario, we have to consider Apple's business growth, Apple's shareholder return program, and the valuation multiple that shares might trade at in the future.\nApple's business growth\nApple Inc. has seen years of stronger growth and years of weaker growth in the past. This mostly can be explained by factors such as new product introductions, e.g. Watch or iPad, and by the strength of the respective current iPhone models, which see varying demand depending on the year. Other factors, such as economic growth or trade issues, play a role as well.\nData by YCharts\nOverall, revenues have grown by 154% over the last decade, but as we see in the above chart, revenue growth has been relatively uneven. During the early 2010s, Apple generated massive growth on the back of the iPhones \"road to victory\", whereas revenue growth declined to a much slower pace in the following years. There were even some years during which revenues declined on a year-over-year basis, such as 2016. The average annual revenue growth pace was 10% over the last decade, but when we factor in that this was lifted up by the very strong growth in 2011 and 2012, it may not be too reasonable to assume that Apple will grow by 10% a year in the future, too. Investors should also consider that maintaining a high growth rate becomes ever more difficult the larger a company gets. This does, however, not mean that Apple's revenue growth will slow down to zero.\nOn the back of price increases for its products and the potential for market share gains in high-growth countries such as China, where more and more people will be able to buy Apple's higher-priced products, it seems reasonable to assume that Apple will generate at least some growth from its core businesses. Add in growth in the services segment - people use their phones more and more, which should lead to higher app spending - and consider the potential for new product launches (although I assume none will be as massive as the iPhone), and Apple should be able to grow its business at a solid pace. I personally assume that a 5%-7% revenue growth rate could be a realistic estimate for the coming years, although some readers will of course have different opinions.\nApple's shareholder returns\nApple has lowered its share count massively in the past, as shown above, and it is, I believe, reasonable to assume that the same will happen going forward. Over the last decade, Apple bought back 36% of its shares. If the same were to happen over the next decade, each remaining share's portion of the company's value would rise by 56%, or 4.6% annualized. Due to the fact that Apple's current valuation is significantly higher than its historic valuation, buybacks could be less impactful in the future, though. Apple has, for example, only reduced its share count by 2.6% over the last year.\nThis is why I believe that the share count will not decline by another 36% over the coming decade. When we adjust that downward to 25%, this would result in a ~3% annual tailwind for Apple's growth when we look at per-share metrics, which are the deciding factor for Apple's share price growth. Combined with my 5%-7% business growth estimate, I thus assume that Apple will grow by 8%-10% on a per-share basis in the long term.\nApple's future valuation\nAAPL has been valued in a very wide range in the past, seeing its shares trade for very low multiples at some points, whereas investors were willing to pay significantly more at other times:\nData by YCharts\nShares could, five years ago, be bought for a very low 10x net earnings, which naturally was a great time to enter or expand positions. In late 2020, however, shares were trading for as much as 40x the company's net earnings, which seems like a quite high valuation. Right now, AAPL trades at 28x trailing earnings, and at around 24x forward profits. In the above chart, we also see the median earnings multiples over the last 3, 5, 7, and 10 years. It is pretty clear that Apple's valuation has expanded over the years, which is why the median values are higher for the shorter \"lookback\" periods. I do not believe that AAPL will trade at the 15.5x net earnings that it has traded at, on average, over the last decade, as this seems like a rather low valuation for a quality company like Apple with a strong brand, massive scale, great margins, and a fortress balance sheet. On the other hand, I also don't believe that Apple will trade at a 24-28x earnings multiple forever - for a company that generates solid but unspectacular business growth in the mid-single-digits, that seems quite expensive. This is especially true when we consider that interest rates will likely be higher a decade from now, which should pressure valuations for all equities, all else equal. I thus believe that a valuation of around 20x net earnings could be a reasonable estimate for 2031, which would be more or less in line with the 3-year median earnings multiple.\nIs AAPL A Buy Or Sell Now\nStarting our calculation with an EPS estimate of $5.15 for 2021 and assuming that this will grow by 7%-10% a year through 2031, we reach an EPS range of $10.10 to $13.40. Putting a 20x earnings multiple on that leads to a target price of around $200-$270/share. At the midpoint of around $235, shares would thus see gains of around 90% from the current level, or around 6.5% annualized. That surely is not a bad return, and when we add in the dividend, we would get to an annualized return of roughly 7%. This is, on the other hand, also not an outrageously great return, I believe.\nAAPL has, I believe, significant upside potential over the next decade, but that should not be a large surprise - many companies will see significant growth over a time span this long. I personally am not too excited about a 7% expected long-term return. When we consider that shares do have considerable downside risk in the next 1-3 years if Apple's valuation declines, e.g. due to rising interest rates, it may be a better choice to stay on the sidelines for now. Long-term investors will likely not do badly when they buy shares at current levels, but they will likely also not do great. For now, I'd rate Apple a hold, and a potential buy if its valuation comes closer to the longer-term average. Those that are more optimistic about new product launches may disagree and favor buying here, but it could turn out that waiting for a better opportunity is the best choice here.\nSumming it up, I'd say shares do have significant upside potential over the next decade, but the upside potential is not large enough to make me buy shares at current, elevated, valuations.","news_type":1,"symbols_score_info":{"AAPL":0.9}},"isVote":1,"tweetType":1,"viewCount":2270,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":118515890,"gmtCreate":1622738273710,"gmtModify":1634098508475,"author":{"id":"3549802203532457","authorId":"3549802203532457","name":"KasonT","avatar":"https://static.tigerbbs.com/27ab5f369fba0bf66b2ffb94ea148a0f","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3549802203532457","idStr":"3549802203532457"},"themes":[],"htmlText":"Because they lose too much","listText":"Because they lose too much","text":"Because they lose too much","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/118515890","repostId":"1160289276","repostType":4,"isVote":1,"tweetType":1,"viewCount":664,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":118511865,"gmtCreate":1622737977157,"gmtModify":1634098511304,"author":{"id":"3549802203532457","authorId":"3549802203532457","name":"KasonT","avatar":"https://static.tigerbbs.com/27ab5f369fba0bf66b2ffb94ea148a0f","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3549802203532457","idStr":"3549802203532457"},"themes":[],"htmlText":"Hopefully go up again","listText":"Hopefully go up again","text":"Hopefully go up again","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/118511865","repostId":"1150431596","repostType":4,"repost":{"id":"1150431596","kind":"news","weMediaInfo":{"introduction":"Stock Market Quotes, Business News, Financial News, Trading Ideas, and Stock Research by Professionals","home_visible":0,"media_name":"Benzinga","id":"1052270027","head_image":"https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa"},"pubTimestamp":1622733096,"share":"https://www.laohu8.com/m/news/1150431596?lang=zh_CN&edition=full","pubTime":"2021-06-03 23:11","market":"us","language":"en","title":"AMC And GameStop Short Sellers Have Taken A $12B Loss In 2021<blockquote>AMC和游戏驿站卖空者在2021年损失了120B美元</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1150431596","media":"Benzinga","summary":"Shares of so-called meme stocks AMC Entertainment Holdings Inc and GameStop Corp. both dropped on Th","content":"<p>Shares of so-called meme stocks&nbsp;<b>AMC Entertainment Holdings Inc</b>&nbsp;and&nbsp;<b>GameStop Corp.</b>&nbsp;both dropped on Thursday morning, providing some relief to short sellers reeling from heavy Wednesday losses.</p><p><blockquote>所谓模因股票的份额<b>AMC院线控股公司</b>和<b>游戏驿站公司。</b>周四上午，两者均下跌，为周三重挫的卖空者提供了一些缓解。</blockquote></p><p> AMC shares hit new all-time highs of $72.62 this week as a social media-driven buying frenzy has inflicted major pain on short sellers.</p><p><blockquote>由于社交媒体驱动的购买狂潮给卖空者带来了巨大痛苦，AMC股价本周创下72.62美元的历史新高。</blockquote></p><p> <b>The Numbers:</b>On Wednesday, AMC short sellers took a whopping $2.77 billion loss, according to S3 Partners analyst Ihor Dusaniwsky. That loss brought AMC short sellers’ two-day losses up to $3.3 billion and their 7-day losses up to $4.54 billion.</p><p><blockquote><b>数字：</b>S3 Partners分析师Ihor Dusaniwsky表示，周三，AMC卖空者遭受了27.7亿美元的巨额损失。这一损失使AMC卖空者的两天损失高达33亿美元，7天损失高达45.4亿美元。</blockquote></p><p> Year to date, AMC short sellers have now logged mark-to-market losses of $5.22 billion, Dusaniwsky said.</p><p><blockquote>杜萨尼夫斯基表示，今年迄今为止，AMC卖空者按市值计算已损失52.2亿美元。</blockquote></p><p> AMC’s short interest now stands at about $2.91 billion, or about 18.2% of the stock’s float.</p><p><blockquote>AMC的空头权益目前约为29.1亿美元，约占该股流通股的18.2%。</blockquote></p><p> Even after Wednesday’s big gain by AMC, GameStop short sellers have still taken the heavier blow so far in 2021. Dusaniwsky said GameStop short sellers lost $375.7 million on Wednesday, bringing their year-to-date losses up to $7.15 billion.</p><p><blockquote>即使在AMC周三大幅上涨之后，游戏驿站卖空者在2021年迄今为止仍然遭受了更沉重的打击。Dusaniwsky表示，游戏驿站卖空者周三损失了3.757亿美元，使他们今年迄今的损失达到71.5亿美元。</blockquote></p><p> GameStop now has $2.82 billion in short interest, or about 19.8% of the stock’s float.</p><p><blockquote>游戏驿站目前拥有28.2亿美元的空头权益，约占该股流通股的19.8%。</blockquote></p><p> As of Wednesday’s close, GameStop and AMC short sellers have endured combined losses of $12.3 billion in 2021, according to S3.</p><p><blockquote>根据S3的数据，截至周三收盘，游戏驿站和AMC卖空者在2021年总共损失了123亿美元。</blockquote></p><p> <b>Benzinga’s Take:</b>AMC itself warned investors on Thursday that investing in its stock at current prices could result in them losing “all or a substantial portion” of their money.</p><p><blockquote><b>Benzinga的看法：</b>AMC本身周四警告投资者，以当前价格投资其股票可能会导致他们损失“全部或大部分”资金。</blockquote></p><p> Given the unprecedented trading action in both AMC and GameStop so far in 2021, it’s difficult to have too much sympathy for anyone who is short either stock at this point.</p><p><blockquote>鉴于AMC和游戏驿站在2021年迄今为止采取了前所未有的交易行动，目前很难对任何做空这两只股票的人表示太多同情。</blockquote></p><p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>AMC And GameStop Short Sellers Have Taken A $12B Loss In 2021<blockquote>AMC和游戏驿站卖空者在2021年损失了120B美元</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\">\nAMC And GameStop Short Sellers Have Taken A $12B Loss In 2021<blockquote>AMC和游戏驿站卖空者在2021年损失了120B美元</blockquote>\n</h2>\n<h4 class=\"meta\">\n<div class=\"head\" \">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Benzinga </p>\n<p class=\"h-time smaller\">2021-06-03 23:11</p>\n</div>\n</div>\n</h4>\n</header>\n<article>\n<p>Shares of so-called meme stocks&nbsp;<b>AMC Entertainment Holdings Inc</b>&nbsp;and&nbsp;<b>GameStop Corp.</b>&nbsp;both dropped on Thursday morning, providing some relief to short sellers reeling from heavy Wednesday losses.</p><p><blockquote>所谓模因股票的份额<b>AMC院线控股公司</b>和<b>游戏驿站公司。</b>周四上午，两者均下跌，为周三重挫的卖空者提供了一些缓解。</blockquote></p><p> AMC shares hit new all-time highs of $72.62 this week as a social media-driven buying frenzy has inflicted major pain on short sellers.</p><p><blockquote>由于社交媒体驱动的购买狂潮给卖空者带来了巨大痛苦，AMC股价本周创下72.62美元的历史新高。</blockquote></p><p> <b>The Numbers:</b>On Wednesday, AMC short sellers took a whopping $2.77 billion loss, according to S3 Partners analyst Ihor Dusaniwsky. That loss brought AMC short sellers’ two-day losses up to $3.3 billion and their 7-day losses up to $4.54 billion.</p><p><blockquote><b>数字：</b>S3 Partners分析师Ihor Dusaniwsky表示，周三，AMC卖空者遭受了27.7亿美元的巨额损失。这一损失使AMC卖空者的两天损失高达33亿美元，7天损失高达45.4亿美元。</blockquote></p><p> Year to date, AMC short sellers have now logged mark-to-market losses of $5.22 billion, Dusaniwsky said.</p><p><blockquote>杜萨尼夫斯基表示，今年迄今为止，AMC卖空者按市值计算已损失52.2亿美元。</blockquote></p><p> AMC’s short interest now stands at about $2.91 billion, or about 18.2% of the stock’s float.</p><p><blockquote>AMC的空头权益目前约为29.1亿美元，约占该股流通股的18.2%。</blockquote></p><p> Even after Wednesday’s big gain by AMC, GameStop short sellers have still taken the heavier blow so far in 2021. Dusaniwsky said GameStop short sellers lost $375.7 million on Wednesday, bringing their year-to-date losses up to $7.15 billion.</p><p><blockquote>即使在AMC周三大幅上涨之后，游戏驿站卖空者在2021年迄今为止仍然遭受了更沉重的打击。Dusaniwsky表示，游戏驿站卖空者周三损失了3.757亿美元，使他们今年迄今的损失达到71.5亿美元。</blockquote></p><p> GameStop now has $2.82 billion in short interest, or about 19.8% of the stock’s float.</p><p><blockquote>游戏驿站目前拥有28.2亿美元的空头权益，约占该股流通股的19.8%。</blockquote></p><p> As of Wednesday’s close, GameStop and AMC short sellers have endured combined losses of $12.3 billion in 2021, according to S3.</p><p><blockquote>根据S3的数据，截至周三收盘，游戏驿站和AMC卖空者在2021年总共损失了123亿美元。</blockquote></p><p> <b>Benzinga’s Take:</b>AMC itself warned investors on Thursday that investing in its stock at current prices could result in them losing “all or a substantial portion” of their money.</p><p><blockquote><b>Benzinga的看法：</b>AMC本身周四警告投资者，以当前价格投资其股票可能会导致他们损失“全部或大部分”资金。</blockquote></p><p> Given the unprecedented trading action in both AMC and GameStop so far in 2021, it’s difficult to have too much sympathy for anyone who is short either stock at this point.</p><p><blockquote>鉴于AMC和游戏驿站在2021年迄今为止采取了前所未有的交易行动，目前很难对任何做空这两只股票的人表示太多同情。</blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AMC":"AMC院线","GME":"游戏驿站"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1150431596","content_text":"Shares of so-called meme stocks AMC Entertainment Holdings Inc and GameStop Corp. both dropped on Thursday morning, providing some relief to short sellers reeling from heavy Wednesday losses.\nAMC shares hit new all-time highs of $72.62 this week as a social media-driven buying frenzy has inflicted major pain on short sellers.\nThe Numbers:On Wednesday, AMC short sellers took a whopping $2.77 billion loss, according to S3 Partners analyst Ihor Dusaniwsky. That loss brought AMC short sellers’ two-day losses up to $3.3 billion and their 7-day losses up to $4.54 billion.\nYear to date, AMC short sellers have now logged mark-to-market losses of $5.22 billion, Dusaniwsky said.\nAMC’s short interest now stands at about $2.91 billion, or about 18.2% of the stock’s float.\nEven after Wednesday’s big gain by AMC, GameStop short sellers have still taken the heavier blow so far in 2021. Dusaniwsky said GameStop short sellers lost $375.7 million on Wednesday, bringing their year-to-date losses up to $7.15 billion.\nGameStop now has $2.82 billion in short interest, or about 19.8% of the stock’s float.\nAs of Wednesday’s close, GameStop and AMC short sellers have endured combined losses of $12.3 billion in 2021, according to S3.\nBenzinga’s Take:AMC itself warned investors on Thursday that investing in its stock at current prices could result in them losing “all or a substantial portion” of their money.\nGiven the unprecedented trading action in both AMC and GameStop so far in 2021, it’s difficult to have too much sympathy for anyone who is short either stock at this point.","news_type":1,"symbols_score_info":{"GME":0.9,"AMC":0.9}},"isVote":1,"tweetType":1,"viewCount":436,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":118220971,"gmtCreate":1622734229393,"gmtModify":1634098557773,"author":{"id":"3549802203532457","authorId":"3549802203532457","name":"KasonT","avatar":"https://static.tigerbbs.com/27ab5f369fba0bf66b2ffb94ea148a0f","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3549802203532457","idStr":"3549802203532457"},"themes":[],"htmlText":"Wow","listText":"Wow","text":"Wow","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/118220971","repostId":"1150431596","repostType":4,"repost":{"id":"1150431596","kind":"news","weMediaInfo":{"introduction":"Stock Market Quotes, Business News, Financial News, Trading Ideas, and Stock Research by Professionals","home_visible":0,"media_name":"Benzinga","id":"1052270027","head_image":"https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa"},"pubTimestamp":1622733096,"share":"https://www.laohu8.com/m/news/1150431596?lang=zh_CN&edition=full","pubTime":"2021-06-03 23:11","market":"us","language":"en","title":"AMC And GameStop Short Sellers Have Taken A $12B Loss In 2021<blockquote>AMC和游戏驿站卖空者在2021年损失了120B美元</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1150431596","media":"Benzinga","summary":"Shares of so-called meme stocks AMC Entertainment Holdings Inc and GameStop Corp. both dropped on Th","content":"<p>Shares of so-called meme stocks&nbsp;<b>AMC Entertainment Holdings Inc</b>&nbsp;and&nbsp;<b>GameStop Corp.</b>&nbsp;both dropped on Thursday morning, providing some relief to short sellers reeling from heavy Wednesday losses.</p><p><blockquote>所谓模因股票的份额<b>AMC院线控股公司</b>和<b>游戏驿站公司。</b>周四上午，两者均下跌，为周三重挫的卖空者提供了一些缓解。</blockquote></p><p> AMC shares hit new all-time highs of $72.62 this week as a social media-driven buying frenzy has inflicted major pain on short sellers.</p><p><blockquote>由于社交媒体驱动的购买狂潮给卖空者带来了巨大痛苦，AMC股价本周创下72.62美元的历史新高。</blockquote></p><p> <b>The Numbers:</b>On Wednesday, AMC short sellers took a whopping $2.77 billion loss, according to S3 Partners analyst Ihor Dusaniwsky. That loss brought AMC short sellers’ two-day losses up to $3.3 billion and their 7-day losses up to $4.54 billion.</p><p><blockquote><b>数字：</b>S3 Partners分析师Ihor Dusaniwsky表示，周三，AMC卖空者遭受了27.7亿美元的巨额损失。这一损失使AMC卖空者的两天损失高达33亿美元，7天损失高达45.4亿美元。</blockquote></p><p> Year to date, AMC short sellers have now logged mark-to-market losses of $5.22 billion, Dusaniwsky said.</p><p><blockquote>杜萨尼夫斯基表示，今年迄今为止，AMC卖空者按市值计算已损失52.2亿美元。</blockquote></p><p> AMC’s short interest now stands at about $2.91 billion, or about 18.2% of the stock’s float.</p><p><blockquote>AMC的空头权益目前约为29.1亿美元，约占该股流通股的18.2%。</blockquote></p><p> Even after Wednesday’s big gain by AMC, GameStop short sellers have still taken the heavier blow so far in 2021. Dusaniwsky said GameStop short sellers lost $375.7 million on Wednesday, bringing their year-to-date losses up to $7.15 billion.</p><p><blockquote>即使在AMC周三大幅上涨之后，游戏驿站卖空者在2021年迄今为止仍然遭受了更沉重的打击。Dusaniwsky表示，游戏驿站卖空者周三损失了3.757亿美元，使他们今年迄今的损失达到71.5亿美元。</blockquote></p><p> GameStop now has $2.82 billion in short interest, or about 19.8% of the stock’s float.</p><p><blockquote>游戏驿站目前拥有28.2亿美元的空头权益，约占该股流通股的19.8%。</blockquote></p><p> As of Wednesday’s close, GameStop and AMC short sellers have endured combined losses of $12.3 billion in 2021, according to S3.</p><p><blockquote>根据S3的数据，截至周三收盘，游戏驿站和AMC卖空者在2021年总共损失了123亿美元。</blockquote></p><p> <b>Benzinga’s Take:</b>AMC itself warned investors on Thursday that investing in its stock at current prices could result in them losing “all or a substantial portion” of their money.</p><p><blockquote><b>Benzinga的看法：</b>AMC本身周四警告投资者，以当前价格投资其股票可能会导致他们损失“全部或大部分”资金。</blockquote></p><p> Given the unprecedented trading action in both AMC and GameStop so far in 2021, it’s difficult to have too much sympathy for anyone who is short either stock at this point.</p><p><blockquote>鉴于AMC和游戏驿站在2021年迄今为止采取了前所未有的交易行动，目前很难对任何做空这两只股票的人表示太多同情。</blockquote></p><p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>AMC And GameStop Short Sellers Have Taken A $12B Loss In 2021<blockquote>AMC和游戏驿站卖空者在2021年损失了120B美元</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\">\nAMC And GameStop Short Sellers Have Taken A $12B Loss In 2021<blockquote>AMC和游戏驿站卖空者在2021年损失了120B美元</blockquote>\n</h2>\n<h4 class=\"meta\">\n<div class=\"head\" \">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Benzinga </p>\n<p class=\"h-time smaller\">2021-06-03 23:11</p>\n</div>\n</div>\n</h4>\n</header>\n<article>\n<p>Shares of so-called meme stocks&nbsp;<b>AMC Entertainment Holdings Inc</b>&nbsp;and&nbsp;<b>GameStop Corp.</b>&nbsp;both dropped on Thursday morning, providing some relief to short sellers reeling from heavy Wednesday losses.</p><p><blockquote>所谓模因股票的份额<b>AMC院线控股公司</b>和<b>游戏驿站公司。</b>周四上午，两者均下跌，为周三重挫的卖空者提供了一些缓解。</blockquote></p><p> AMC shares hit new all-time highs of $72.62 this week as a social media-driven buying frenzy has inflicted major pain on short sellers.</p><p><blockquote>由于社交媒体驱动的购买狂潮给卖空者带来了巨大痛苦，AMC股价本周创下72.62美元的历史新高。</blockquote></p><p> <b>The Numbers:</b>On Wednesday, AMC short sellers took a whopping $2.77 billion loss, according to S3 Partners analyst Ihor Dusaniwsky. That loss brought AMC short sellers’ two-day losses up to $3.3 billion and their 7-day losses up to $4.54 billion.</p><p><blockquote><b>数字：</b>S3 Partners分析师Ihor Dusaniwsky表示，周三，AMC卖空者遭受了27.7亿美元的巨额损失。这一损失使AMC卖空者的两天损失高达33亿美元，7天损失高达45.4亿美元。</blockquote></p><p> Year to date, AMC short sellers have now logged mark-to-market losses of $5.22 billion, Dusaniwsky said.</p><p><blockquote>杜萨尼夫斯基表示，今年迄今为止，AMC卖空者按市值计算已损失52.2亿美元。</blockquote></p><p> AMC’s short interest now stands at about $2.91 billion, or about 18.2% of the stock’s float.</p><p><blockquote>AMC的空头权益目前约为29.1亿美元，约占该股流通股的18.2%。</blockquote></p><p> Even after Wednesday’s big gain by AMC, GameStop short sellers have still taken the heavier blow so far in 2021. Dusaniwsky said GameStop short sellers lost $375.7 million on Wednesday, bringing their year-to-date losses up to $7.15 billion.</p><p><blockquote>即使在AMC周三大幅上涨之后，游戏驿站卖空者在2021年迄今为止仍然遭受了更沉重的打击。Dusaniwsky表示，游戏驿站卖空者周三损失了3.757亿美元，使他们今年迄今的损失达到71.5亿美元。</blockquote></p><p> GameStop now has $2.82 billion in short interest, or about 19.8% of the stock’s float.</p><p><blockquote>游戏驿站目前拥有28.2亿美元的空头权益，约占该股流通股的19.8%。</blockquote></p><p> As of Wednesday’s close, GameStop and AMC short sellers have endured combined losses of $12.3 billion in 2021, according to S3.</p><p><blockquote>根据S3的数据，截至周三收盘，游戏驿站和AMC卖空者在2021年总共损失了123亿美元。</blockquote></p><p> <b>Benzinga’s Take:</b>AMC itself warned investors on Thursday that investing in its stock at current prices could result in them losing “all or a substantial portion” of their money.</p><p><blockquote><b>Benzinga的看法：</b>AMC本身周四警告投资者，以当前价格投资其股票可能会导致他们损失“全部或大部分”资金。</blockquote></p><p> Given the unprecedented trading action in both AMC and GameStop so far in 2021, it’s difficult to have too much sympathy for anyone who is short either stock at this point.</p><p><blockquote>鉴于AMC和游戏驿站在2021年迄今为止采取了前所未有的交易行动，目前很难对任何做空这两只股票的人表示太多同情。</blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AMC":"AMC院线","GME":"游戏驿站"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1150431596","content_text":"Shares of so-called meme stocks AMC Entertainment Holdings Inc and GameStop Corp. both dropped on Thursday morning, providing some relief to short sellers reeling from heavy Wednesday losses.\nAMC shares hit new all-time highs of $72.62 this week as a social media-driven buying frenzy has inflicted major pain on short sellers.\nThe Numbers:On Wednesday, AMC short sellers took a whopping $2.77 billion loss, according to S3 Partners analyst Ihor Dusaniwsky. That loss brought AMC short sellers’ two-day losses up to $3.3 billion and their 7-day losses up to $4.54 billion.\nYear to date, AMC short sellers have now logged mark-to-market losses of $5.22 billion, Dusaniwsky said.\nAMC’s short interest now stands at about $2.91 billion, or about 18.2% of the stock’s float.\nEven after Wednesday’s big gain by AMC, GameStop short sellers have still taken the heavier blow so far in 2021. Dusaniwsky said GameStop short sellers lost $375.7 million on Wednesday, bringing their year-to-date losses up to $7.15 billion.\nGameStop now has $2.82 billion in short interest, or about 19.8% of the stock’s float.\nAs of Wednesday’s close, GameStop and AMC short sellers have endured combined losses of $12.3 billion in 2021, according to S3.\nBenzinga’s Take:AMC itself warned investors on Thursday that investing in its stock at current prices could result in them losing “all or a substantial portion” of their money.\nGiven the unprecedented trading action in both AMC and GameStop so far in 2021, it’s difficult to have too much sympathy for anyone who is short either stock at this 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if there do so it will change a lot of things","listText":"Interesting, if there do so it will change a lot of things","text":"Interesting, if there do so it will change a lot of 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15:56","market":"us","language":"en","title":"Where Will Apple Stock Be In 10 Years? What To Consider<blockquote>10年后苹果股票会在哪里？要考虑什么</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1122373606","media":"seekingalpha","summary":"Summary\n\nApple has been a great investment over the last decade, but the next decade may look quite ","content":"<p><b>Summary</b></p><p><blockquote><b>总结</b></blockquote></p><p> <ul>  <li>Apple has been a great investment over the last decade, but the next decade may look quite different.</li>  <li>Apple has seen its growth slow down over the last decade, and it will likely not be a growth monster in the coming years, either.</li>  <li>Shares have ample long-term upside, but investors should consider the current valuation before jumping to decisions.</li> </ul> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/9f2ea192ed76d9772c2c6a820098faf5\" tg-width=\"1536\" tg-height=\"1024\" referrerpolicy=\"no-referrer\"><span>Photo by Paopano/iStock Editorial via Getty Images</span></p><p><blockquote><ul><li>苹果在过去十年中是一项伟大的投资，但下一个十年可能会大不相同。</li><li>苹果的增长在过去十年中有所放缓，未来几年也可能不会成为增长怪物。</li><li>股价具有充足的长期上涨空间，但投资者在做出决定之前应考虑当前的估值。</li></ul><p class=\"t-img-caption\"><span>摄影：Paopano/iStock社论，来自Getty Images</span></p></blockquote></p><p> <b>Article Thesis</b></p><p><blockquote><b>文章论文</b></blockquote></p><p> Apple (AAPL) has been one of the best investments one could have made over the last decade. Over the next decade, its growth may not be the same, however. Yet, thanks to massive shareholder return programs and a move towards services, Apple's stock will likely still be significantly higher a decade from now - even though the current valuation is rather high.</p><p><blockquote>苹果（AAPL）是过去十年中最好的投资之一。然而，在接下来的十年里，它的增长可能会有所不同。然而，由于大规模的股东回报计划和向服务业的转变，苹果的股价在十年后仍可能大幅上涨——尽管目前的估值相当高。</blockquote></p><p> <b>Apple Stock Price</b></p><p><blockquote><b>苹果股价</b></blockquote></p><p> Over the last decade, Apple Inc. has been a great investment:</p><p><blockquote>在过去十年中，苹果公司一直是一项伟大的投资：</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/5d29aa34bdbc5bab7d0730a4095954e6\" tg-width=\"635\" tg-height=\"419\"><span>Data by YCharts</span></p><p><blockquote><p class=\"t-img-caption\"><span>数据来自YCharts</span></p></blockquote></p><p> Shares have returned 900% in those ten years, before dividends, for a compounded annual return of approximately 26%, easily trouncing the returns of the broad market during that time frame. Importantly, shares have risen a lot more than the company's market capitalization, which grew by only 550% over the last decade. The difference can be explained by the company's large share repurchase programs, which have lowered the share count drastically over the last decade. The last decade, of course, was a highly successful period for Apple on a business basis, as the company benefited from the rise of smartphones while also having success with new products such as its Watch and tablets, which Apple more or less introduced as a new product category. Right now, shares trade for $125, up 57% over the last twelve months, but down 6% in 2021 to date. Following strong gains during 2020, shares seem to be in a consolidation pattern for now, which is not too much of a surprise, as Apple's valuation had expanded a lot in the recent past, and it seems that the company's business growth has to catch up to the recent share price increases now. The current consensus price target is $156, which implies an upside potential of 25%. Since there are no signs of shares leaving their current trading range right now, I personally do not think that Apple will breach $150 in the near term.</p><p><blockquote>在这十年中，扣除股息前，股票回报率为900%，复合年回报率约为26%，轻松击败了同期大盘的回报率。重要的是，该公司股价的涨幅远远超过了该公司的市值，而该公司的市值在过去十年中仅增长了550%。这种差异可以用该公司的大规模股票回购计划来解释，该计划在过去十年中大幅减少了股票数量。当然，过去十年对苹果来说是商业上非常成功的时期，因为该公司受益于智能手机的兴起，同时也在手表和平板电脑等新产品上取得了成功，苹果或多或少地将其作为一个新产品类别推出。目前，股价为125美元，过去12个月上涨57%，但2021年迄今下跌6%。继2020年强劲上涨之后，股价目前似乎处于盘整格局，这并不令人意外，因为苹果的估值最近已经扩大了很多，而且该公司的业务增长似乎必须赶上最近的股价上涨。目前的一致目标价为156美元，这意味着25%的上涨潜力。由于目前没有迹象表明股价会离开当前的交易区间，我个人认为苹果短期内不会突破150美元。</blockquote></p><p> <b>Where Will Apple Stock Be In 10 Years</b></p><p><blockquote><b>10年后苹果股票会在哪里</b></blockquote></p><p> Apple's stock price in 2031 is, of course, nothing that can be forecasted with any precision. As history has shown, again and again, it is not even possible to forecast share prices precisely over a much shorter period of time. It is, however, possible to craft scenarios to see where share prices could be in the future under certain conditions, to get a feel for what might be a reasonable expectation for the future.</p><p><blockquote>当然，苹果2031年的股价是无法准确预测的。正如历史一次又一次地表明的那样，甚至不可能在更短的时间内准确预测股价。然而，可以设计情景来了解在某些条件下未来股价的走势，从而了解对未来的合理预期。</blockquote></p><p> To craft one such scenario, we have to consider Apple's business growth, Apple's shareholder return program, and the valuation multiple that shares might trade at in the future.</p><p><blockquote>为了构建这样的场景，我们必须考虑苹果的业务增长、苹果的股东回报计划以及股票未来可能交易的估值倍数。</blockquote></p><p> <b>Apple's business growth</b></p><p><blockquote><b>苹果的业务增长</b></blockquote></p><p> Apple Inc. has seen years of stronger growth and years of weaker growth in the past. This mostly can be explained by factors such as new product introductions, e.g. Watch or iPad, and by the strength of the respective current iPhone models, which see varying demand depending on the year. Other factors, such as economic growth or trade issues, play a role as well.</p><p><blockquote>苹果公司过去曾经历过多年的强劲增长和多年的疲软增长。这主要可以用新产品推出等因素来解释，例如。手表或iPad，以及各自当前iPhone型号的强度，这些型号的需求因年份而异。其他因素，如经济增长或贸易问题，也发挥了作用。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/a5b8bd8ef6cdaa13850c1380e870554c\" tg-width=\"635\" tg-height=\"419\"><span>Data by YCharts</span></p><p><blockquote><p class=\"t-img-caption\"><span>数据来自YCharts</span></p></blockquote></p><p> Overall, revenues have grown by 154% over the last decade, but as we see in the above chart, revenue growth has been relatively uneven. During the early 2010s, Apple generated massive growth on the back of the iPhones \"road to victory\", whereas revenue growth declined to a much slower pace in the following years. There were even some years during which revenues declined on a year-over-year basis, such as 2016. The average annual revenue growth pace was 10% over the last decade, but when we factor in that this was lifted up by the very strong growth in 2011 and 2012, it may not be too reasonable to assume that Apple will grow by 10% a year in the future, too. Investors should also consider that maintaining a high growth rate becomes ever more difficult the larger a company gets. This does, however, not mean that Apple's revenue growth will slow down to zero.</p><p><blockquote>总体而言，过去十年收入增长了154%，但正如我们在上图中看到的，收入增长相对不均衡。2010年代初，苹果凭借iPhone的“胜利之路”实现了巨大增长，而在接下来的几年里，收入增长速度放缓。甚至有一些年份的收入同比下降，例如2016年。过去十年的平均年收入增长率为10%，但当我们考虑到2011年和2012年的强劲增长推动了这一增长率时，假设苹果将增长10%可能不太合理。未来一年也是如此。投资者还应该考虑到，公司规模越大，保持高增长率就变得越困难。然而，这并不意味着苹果的收入增长将放缓至零。</blockquote></p><p></p><p> On the back of price increases for its products and the potential for market share gains in&nbsp;high-growth countries such as China, where more and more people will be able to buy Apple's higher-priced products, it seems reasonable to assume that Apple will generate at least some growth from its core businesses. Add in growth in the services segment - people use their phones more and more, which should lead to higher app spending - and consider the potential for new product launches (although I assume none will be as massive as the iPhone), and Apple should be able to grow its business at a solid pace. I personally assume that a 5%-7% revenue growth rate could be a realistic estimate for the coming years, although some readers will of course have different opinions.</p><p><blockquote>在其产品价格上涨以及中国等高增长国家市场份额增长的潜力（越来越多的人将能够购买苹果价格较高的产品）的背景下，似乎有理由假设苹果将至少从其核心业务中产生一些增长。再加上服务领域的增长——人们越来越多地使用手机，这应该会导致更高的应用支出——并考虑新产品发布的潜力（尽管我认为没有一款产品会像iPhone那样庞大），苹果应该能够以稳健的速度发展其业务。我个人认为5%-7%的收入增长率可能是未来几年的现实估计，尽管一些读者当然会有不同的意见。</blockquote></p><p> <b>Apple's shareholder returns</b></p><p><blockquote><b>苹果的股东回报</b></blockquote></p><p> Apple has lowered its share count massively in the past, as shown above, and it is, I believe, reasonable to assume that the same will happen going forward. Over the last decade, Apple bought back 36% of its shares. If the same were to happen over the next decade, each remaining share's portion of the company's value would rise by 56%, or 4.6% annualized. Due to the fact that Apple's current valuation is significantly higher than its historic valuation, buybacks could be less impactful in the future, though. Apple has, for example, only reduced its share count by 2.6% over the last year.</p><p><blockquote>如上所示，苹果过去曾大幅减少其股票数量，我相信，有理由假设未来也会发生同样的情况。过去十年，苹果回购了36%的股份。如果未来十年发生同样的情况，每股剩余股票在公司价值中的份额将上涨56%，即年化4.6%。不过，由于苹果目前的估值明显高于其历史估值，回购在未来的影响可能会较小。例如，苹果去年的股票数量仅减少了2.6%。</blockquote></p><p> This is why I believe that the share count will not decline by another 36% over the coming decade. When we adjust that downward to 25%, this would result in a ~3% annual tailwind for Apple's growth when we look at per-share metrics, which are the deciding factor for Apple's share price growth. Combined with my 5%-7% business growth estimate, I thus assume that Apple will grow by 8%-10% on a per-share basis in the long term.</p><p><blockquote>这就是为什么我相信未来十年股票数量不会再下降36%。当我们将其向下调整至25%时，当我们考虑每股指标时，这将为苹果的增长带来约3%的年度推动力，而每股指标是苹果股价增长的决定性因素。结合我5%-7%的业务增长预测，我因此假设苹果的每股长期增长将达到8%-10%。</blockquote></p><p> <b>Apple's future valuation</b></p><p><blockquote><b>苹果的未来估值</b></blockquote></p><p> AAPL has been valued in a very wide range in the past, seeing its shares trade for very low multiples at some points, whereas investors were willing to pay significantly more at other times:</p><p><blockquote>苹果公司过去的估值范围很广，其股票在某些时候的市盈率非常低，而投资者在其他时候愿意支付更高的价格：</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/be5cb8bbc04ff0e0a13ee64f6f2bd90a\" tg-width=\"635\" tg-height=\"470\"><span>Data by YCharts</span></p><p><blockquote><p class=\"t-img-caption\"><span>数据来自YCharts</span></p></blockquote></p><p> Shares could, five years ago, be bought for a very low 10x net earnings, which naturally was a great time to enter or expand positions. In late 2020, however, shares were trading for as much as 40x the company's net earnings, which seems like a quite high valuation. Right now, AAPL trades at 28x trailing earnings, and at around 24x forward profits. In the above chart, we also see the median earnings multiples over the last 3, 5, 7, and 10 years. It is pretty clear that Apple's valuation has expanded over the years, which is why the median values are higher for the shorter \"lookback\" periods. I do not believe that AAPL will trade at the 15.5x net earnings that it has traded at, on average, over the last decade, as this seems like a rather low valuation for a quality company like Apple with a strong brand, massive scale, great margins, and a fortress balance sheet. On the other hand, I also don't believe that Apple will trade at a 24-28x earnings multiple forever - for a company that generates solid but unspectacular business growth in the mid-single-digits, that seems quite expensive. This is especially true when we consider that interest rates will likely be higher a decade from now, which should pressure valuations for all equities, all else equal. I thus believe that a valuation of around 20x net earnings could be a reasonable estimate for 2031, which would be more or less in line with the 3-year median earnings multiple.</p><p><blockquote>五年前，可以以非常低的10倍净利润购买股票，这自然是进入或扩大头寸的好时机。然而，2020年底，该公司的股价高达该公司净利润的40倍，这似乎是一个相当高的估值。目前，AAPL的往绩市盈率为28倍，远期利润约为24倍。在上图中，我们还看到了过去3年、5年、7年和10年的市盈率中位数。很明显，苹果的估值多年来一直在扩大，这就是为什么在较短的“回顾”期内中值较高。我不认为AAPL的市盈率会达到过去十年平均市盈率的15.5倍，因为对于像苹果这样拥有强大品牌、庞大规模的优质公司来说，这似乎是一个相当低的估值。、巨大的利润和堡垒般的资产负债表。另一方面，我也不相信苹果的市盈率会永远保持在24-28倍——对于一家业务增长稳健但不引人注目的中个位数的公司来说，这似乎相当昂贵。当我们考虑到十年后利率可能会更高时，尤其如此，在其他条件相同的情况下，这应该会给所有股票的估值带来压力。因此，我认为2031年净利润20倍左右的估值可能是合理的估计，这或多或少与3年市盈率中位数一致。</blockquote></p><p> <b>Is AAPL A Buy Or Sell Now</b></p><p><blockquote><b>AAPL现在是买入还是卖出</b></blockquote></p><p> Starting our calculation with an EPS estimate of $5.15 for 2021 and assuming that this will grow by 7%-10% a year through 2031, we reach an EPS range of $10.10 to $13.40. Putting a 20x earnings multiple on that leads to a target price of around $200-$270/share. At the midpoint of around $235, shares would thus see gains of around 90% from the current level, or around 6.5% annualized. That surely is not a bad return, and when we add in the dividend, we would get to an annualized return of roughly 7%. This is, on the other hand, also not an outrageously great return, I believe.</p><p><blockquote>从2021年每股收益估计为5.15美元开始计算，并假设到2031年每年增长7%-10%，我们的每股收益范围为10.10美元至13.40美元。将市盈率定为20倍，目标价约为每股200-270美元。因此，在235美元左右的中点，股价将较当前水平上涨约90%，年化涨幅约为6.5%。这肯定是一个不错的回报，当我们加上股息时，我们将获得大约7%的年化回报率。另一方面，我相信这也不是一个惊人的回报。</blockquote></p><p></p><p> AAPL has, I believe, significant upside potential over the next decade, but that should not be a large surprise - many companies will see significant growth over a time span this long. I personally am not too excited about a 7% expected long-term return. When we consider that shares do have considerable downside risk in the next 1-3 years if Apple's valuation declines, e.g. due to rising interest rates, it may be a better choice to stay on the sidelines for now. Long-term investors will likely not do badly when they buy shares at current levels, but they will likely also not do great. For now, I'd rate Apple a hold, and a potential buy if its valuation comes closer to the longer-term average. Those that are more optimistic about new product launches may disagree and favor buying here, but it could turn out that waiting for a better opportunity is the best choice here.</p><p><blockquote>我相信，苹果公司在未来十年具有巨大的上涨潜力，但这并不令人意外——许多公司将在这么长的时间内实现显着增长。我个人对7%的预期长期回报率不太兴奋。当我们考虑到，如果苹果的估值下降，例如由于利率上升，股价在未来1-3年内确实存在相当大的下行风险，目前保持观望可能是更好的选择。长期投资者在当前水平购买股票时可能不会表现不佳，但也可能不会表现出色。目前，我对苹果的评级为持有，如果其估值接近长期平均水平，则可能买入。那些对新产品发布更乐观的人可能不同意并倾向于在这里购买，但事实证明，等待更好的机会是这里的最佳选择。</blockquote></p><p> Summing it up, I'd say shares do have significant upside potential over the next decade, but the upside potential is not large enough to make me buy shares at current, elevated, valuations.</p><p><blockquote>总而言之，我想说，该股在未来十年确实有巨大的上涨潜力，但上涨潜力还不足以让我以当前较高的估值购买股票。</blockquote></p><p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Where Will Apple Stock Be In 10 Years? What To Consider<blockquote>10年后苹果股票会在哪里？要考虑什么</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhere Will Apple Stock Be In 10 Years? What To Consider<blockquote>10年后苹果股票会在哪里？要考虑什么</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">seekingalpha</strong><span class=\"h-time small\">2021-06-04 15:56</span>\n</p>\n</h4>\n</header>\n<article>\n<p><b>Summary</b></p><p><blockquote><b>总结</b></blockquote></p><p> <ul>  <li>Apple has been a great investment over the last decade, but the next decade may look quite different.</li>  <li>Apple has seen its growth slow down over the last decade, and it will likely not be a growth monster in the coming years, either.</li>  <li>Shares have ample long-term upside, but investors should consider the current valuation before jumping to decisions.</li> </ul> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/9f2ea192ed76d9772c2c6a820098faf5\" tg-width=\"1536\" tg-height=\"1024\" referrerpolicy=\"no-referrer\"><span>Photo by Paopano/iStock Editorial via Getty Images</span></p><p><blockquote><ul><li>苹果在过去十年中是一项伟大的投资，但下一个十年可能会大不相同。</li><li>苹果的增长在过去十年中有所放缓，未来几年也可能不会成为增长怪物。</li><li>股价具有充足的长期上涨空间，但投资者在做出决定之前应考虑当前的估值。</li></ul><p class=\"t-img-caption\"><span>摄影：Paopano/iStock社论，来自Getty Images</span></p></blockquote></p><p> <b>Article Thesis</b></p><p><blockquote><b>文章论文</b></blockquote></p><p> Apple (AAPL) has been one of the best investments one could have made over the last decade. Over the next decade, its growth may not be the same, however. Yet, thanks to massive shareholder return programs and a move towards services, Apple's stock will likely still be significantly higher a decade from now - even though the current valuation is rather high.</p><p><blockquote>苹果（AAPL）是过去十年中最好的投资之一。然而，在接下来的十年里，它的增长可能会有所不同。然而，由于大规模的股东回报计划和向服务业的转变，苹果的股价在十年后仍可能大幅上涨——尽管目前的估值相当高。</blockquote></p><p> <b>Apple Stock Price</b></p><p><blockquote><b>苹果股价</b></blockquote></p><p> Over the last decade, Apple Inc. has been a great investment:</p><p><blockquote>在过去十年中，苹果公司一直是一项伟大的投资：</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/5d29aa34bdbc5bab7d0730a4095954e6\" tg-width=\"635\" tg-height=\"419\"><span>Data by YCharts</span></p><p><blockquote><p class=\"t-img-caption\"><span>数据来自YCharts</span></p></blockquote></p><p> Shares have returned 900% in those ten years, before dividends, for a compounded annual return of approximately 26%, easily trouncing the returns of the broad market during that time frame. Importantly, shares have risen a lot more than the company's market capitalization, which grew by only 550% over the last decade. The difference can be explained by the company's large share repurchase programs, which have lowered the share count drastically over the last decade. The last decade, of course, was a highly successful period for Apple on a business basis, as the company benefited from the rise of smartphones while also having success with new products such as its Watch and tablets, which Apple more or less introduced as a new product category. Right now, shares trade for $125, up 57% over the last twelve months, but down 6% in 2021 to date. Following strong gains during 2020, shares seem to be in a consolidation pattern for now, which is not too much of a surprise, as Apple's valuation had expanded a lot in the recent past, and it seems that the company's business growth has to catch up to the recent share price increases now. The current consensus price target is $156, which implies an upside potential of 25%. Since there are no signs of shares leaving their current trading range right now, I personally do not think that Apple will breach $150 in the near term.</p><p><blockquote>在这十年中，扣除股息前，股票回报率为900%，复合年回报率约为26%，轻松击败了同期大盘的回报率。重要的是，该公司股价的涨幅远远超过了该公司的市值，而该公司的市值在过去十年中仅增长了550%。这种差异可以用该公司的大规模股票回购计划来解释，该计划在过去十年中大幅减少了股票数量。当然，过去十年对苹果来说是商业上非常成功的时期，因为该公司受益于智能手机的兴起，同时也在手表和平板电脑等新产品上取得了成功，苹果或多或少地将其作为一个新产品类别推出。目前，股价为125美元，过去12个月上涨57%，但2021年迄今下跌6%。继2020年强劲上涨之后，股价目前似乎处于盘整格局，这并不令人意外，因为苹果的估值最近已经扩大了很多，而且该公司的业务增长似乎必须赶上最近的股价上涨。目前的一致目标价为156美元，这意味着25%的上涨潜力。由于目前没有迹象表明股价会离开当前的交易区间，我个人认为苹果短期内不会突破150美元。</blockquote></p><p> <b>Where Will Apple Stock Be In 10 Years</b></p><p><blockquote><b>10年后苹果股票会在哪里</b></blockquote></p><p> Apple's stock price in 2031 is, of course, nothing that can be forecasted with any precision. As history has shown, again and again, it is not even possible to forecast share prices precisely over a much shorter period of time. It is, however, possible to craft scenarios to see where share prices could be in the future under certain conditions, to get a feel for what might be a reasonable expectation for the future.</p><p><blockquote>当然，苹果2031年的股价是无法准确预测的。正如历史一次又一次地表明的那样，甚至不可能在更短的时间内准确预测股价。然而，可以设计情景来了解在某些条件下未来股价的走势，从而了解对未来的合理预期。</blockquote></p><p> To craft one such scenario, we have to consider Apple's business growth, Apple's shareholder return program, and the valuation multiple that shares might trade at in the future.</p><p><blockquote>为了构建这样的场景，我们必须考虑苹果的业务增长、苹果的股东回报计划以及股票未来可能交易的估值倍数。</blockquote></p><p> <b>Apple's business growth</b></p><p><blockquote><b>苹果的业务增长</b></blockquote></p><p> Apple Inc. has seen years of stronger growth and years of weaker growth in the past. This mostly can be explained by factors such as new product introductions, e.g. Watch or iPad, and by the strength of the respective current iPhone models, which see varying demand depending on the year. Other factors, such as economic growth or trade issues, play a role as well.</p><p><blockquote>苹果公司过去曾经历过多年的强劲增长和多年的疲软增长。这主要可以用新产品推出等因素来解释，例如。手表或iPad，以及各自当前iPhone型号的强度，这些型号的需求因年份而异。其他因素，如经济增长或贸易问题，也发挥了作用。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/a5b8bd8ef6cdaa13850c1380e870554c\" tg-width=\"635\" tg-height=\"419\"><span>Data by YCharts</span></p><p><blockquote><p class=\"t-img-caption\"><span>数据来自YCharts</span></p></blockquote></p><p> Overall, revenues have grown by 154% over the last decade, but as we see in the above chart, revenue growth has been relatively uneven. During the early 2010s, Apple generated massive growth on the back of the iPhones \"road to victory\", whereas revenue growth declined to a much slower pace in the following years. There were even some years during which revenues declined on a year-over-year basis, such as 2016. The average annual revenue growth pace was 10% over the last decade, but when we factor in that this was lifted up by the very strong growth in 2011 and 2012, it may not be too reasonable to assume that Apple will grow by 10% a year in the future, too. Investors should also consider that maintaining a high growth rate becomes ever more difficult the larger a company gets. This does, however, not mean that Apple's revenue growth will slow down to zero.</p><p><blockquote>总体而言，过去十年收入增长了154%，但正如我们在上图中看到的，收入增长相对不均衡。2010年代初，苹果凭借iPhone的“胜利之路”实现了巨大增长，而在接下来的几年里，收入增长速度放缓。甚至有一些年份的收入同比下降，例如2016年。过去十年的平均年收入增长率为10%，但当我们考虑到2011年和2012年的强劲增长推动了这一增长率时，假设苹果将增长10%可能不太合理。未来一年也是如此。投资者还应该考虑到，公司规模越大，保持高增长率就变得越困难。然而，这并不意味着苹果的收入增长将放缓至零。</blockquote></p><p></p><p> On the back of price increases for its products and the potential for market share gains in&nbsp;high-growth countries such as China, where more and more people will be able to buy Apple's higher-priced products, it seems reasonable to assume that Apple will generate at least some growth from its core businesses. Add in growth in the services segment - people use their phones more and more, which should lead to higher app spending - and consider the potential for new product launches (although I assume none will be as massive as the iPhone), and Apple should be able to grow its business at a solid pace. I personally assume that a 5%-7% revenue growth rate could be a realistic estimate for the coming years, although some readers will of course have different opinions.</p><p><blockquote>在其产品价格上涨以及中国等高增长国家市场份额增长的潜力（越来越多的人将能够购买苹果价格较高的产品）的背景下，似乎有理由假设苹果将至少从其核心业务中产生一些增长。再加上服务领域的增长——人们越来越多地使用手机，这应该会导致更高的应用支出——并考虑新产品发布的潜力（尽管我认为没有一款产品会像iPhone那样庞大），苹果应该能够以稳健的速度发展其业务。我个人认为5%-7%的收入增长率可能是未来几年的现实估计，尽管一些读者当然会有不同的意见。</blockquote></p><p> <b>Apple's shareholder returns</b></p><p><blockquote><b>苹果的股东回报</b></blockquote></p><p> Apple has lowered its share count massively in the past, as shown above, and it is, I believe, reasonable to assume that the same will happen going forward. Over the last decade, Apple bought back 36% of its shares. If the same were to happen over the next decade, each remaining share's portion of the company's value would rise by 56%, or 4.6% annualized. Due to the fact that Apple's current valuation is significantly higher than its historic valuation, buybacks could be less impactful in the future, though. Apple has, for example, only reduced its share count by 2.6% over the last year.</p><p><blockquote>如上所示，苹果过去曾大幅减少其股票数量，我相信，有理由假设未来也会发生同样的情况。过去十年，苹果回购了36%的股份。如果未来十年发生同样的情况，每股剩余股票在公司价值中的份额将上涨56%，即年化4.6%。不过，由于苹果目前的估值明显高于其历史估值，回购在未来的影响可能会较小。例如，苹果去年的股票数量仅减少了2.6%。</blockquote></p><p> This is why I believe that the share count will not decline by another 36% over the coming decade. When we adjust that downward to 25%, this would result in a ~3% annual tailwind for Apple's growth when we look at per-share metrics, which are the deciding factor for Apple's share price growth. Combined with my 5%-7% business growth estimate, I thus assume that Apple will grow by 8%-10% on a per-share basis in the long term.</p><p><blockquote>这就是为什么我相信未来十年股票数量不会再下降36%。当我们将其向下调整至25%时，当我们考虑每股指标时，这将为苹果的增长带来约3%的年度推动力，而每股指标是苹果股价增长的决定性因素。结合我5%-7%的业务增长预测，我因此假设苹果的每股长期增长将达到8%-10%。</blockquote></p><p> <b>Apple's future valuation</b></p><p><blockquote><b>苹果的未来估值</b></blockquote></p><p> AAPL has been valued in a very wide range in the past, seeing its shares trade for very low multiples at some points, whereas investors were willing to pay significantly more at other times:</p><p><blockquote>苹果公司过去的估值范围很广，其股票在某些时候的市盈率非常低，而投资者在其他时候愿意支付更高的价格：</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/be5cb8bbc04ff0e0a13ee64f6f2bd90a\" tg-width=\"635\" tg-height=\"470\"><span>Data by YCharts</span></p><p><blockquote><p class=\"t-img-caption\"><span>数据来自YCharts</span></p></blockquote></p><p> Shares could, five years ago, be bought for a very low 10x net earnings, which naturally was a great time to enter or expand positions. In late 2020, however, shares were trading for as much as 40x the company's net earnings, which seems like a quite high valuation. Right now, AAPL trades at 28x trailing earnings, and at around 24x forward profits. In the above chart, we also see the median earnings multiples over the last 3, 5, 7, and 10 years. It is pretty clear that Apple's valuation has expanded over the years, which is why the median values are higher for the shorter \"lookback\" periods. I do not believe that AAPL will trade at the 15.5x net earnings that it has traded at, on average, over the last decade, as this seems like a rather low valuation for a quality company like Apple with a strong brand, massive scale, great margins, and a fortress balance sheet. On the other hand, I also don't believe that Apple will trade at a 24-28x earnings multiple forever - for a company that generates solid but unspectacular business growth in the mid-single-digits, that seems quite expensive. This is especially true when we consider that interest rates will likely be higher a decade from now, which should pressure valuations for all equities, all else equal. I thus believe that a valuation of around 20x net earnings could be a reasonable estimate for 2031, which would be more or less in line with the 3-year median earnings multiple.</p><p><blockquote>五年前，可以以非常低的10倍净利润购买股票，这自然是进入或扩大头寸的好时机。然而，2020年底，该公司的股价高达该公司净利润的40倍，这似乎是一个相当高的估值。目前，AAPL的往绩市盈率为28倍，远期利润约为24倍。在上图中，我们还看到了过去3年、5年、7年和10年的市盈率中位数。很明显，苹果的估值多年来一直在扩大，这就是为什么在较短的“回顾”期内中值较高。我不认为AAPL的市盈率会达到过去十年平均市盈率的15.5倍，因为对于像苹果这样拥有强大品牌、庞大规模的优质公司来说，这似乎是一个相当低的估值。、巨大的利润和堡垒般的资产负债表。另一方面，我也不相信苹果的市盈率会永远保持在24-28倍——对于一家业务增长稳健但不引人注目的中个位数的公司来说，这似乎相当昂贵。当我们考虑到十年后利率可能会更高时，尤其如此，在其他条件相同的情况下，这应该会给所有股票的估值带来压力。因此，我认为2031年净利润20倍左右的估值可能是合理的估计，这或多或少与3年市盈率中位数一致。</blockquote></p><p> <b>Is AAPL A Buy Or Sell Now</b></p><p><blockquote><b>AAPL现在是买入还是卖出</b></blockquote></p><p> Starting our calculation with an EPS estimate of $5.15 for 2021 and assuming that this will grow by 7%-10% a year through 2031, we reach an EPS range of $10.10 to $13.40. Putting a 20x earnings multiple on that leads to a target price of around $200-$270/share. At the midpoint of around $235, shares would thus see gains of around 90% from the current level, or around 6.5% annualized. That surely is not a bad return, and when we add in the dividend, we would get to an annualized return of roughly 7%. This is, on the other hand, also not an outrageously great return, I believe.</p><p><blockquote>从2021年每股收益估计为5.15美元开始计算，并假设到2031年每年增长7%-10%，我们的每股收益范围为10.10美元至13.40美元。将市盈率定为20倍，目标价约为每股200-270美元。因此，在235美元左右的中点，股价将较当前水平上涨约90%，年化涨幅约为6.5%。这肯定是一个不错的回报，当我们加上股息时，我们将获得大约7%的年化回报率。另一方面，我相信这也不是一个惊人的回报。</blockquote></p><p></p><p> AAPL has, I believe, significant upside potential over the next decade, but that should not be a large surprise - many companies will see significant growth over a time span this long. I personally am not too excited about a 7% expected long-term return. When we consider that shares do have considerable downside risk in the next 1-3 years if Apple's valuation declines, e.g. due to rising interest rates, it may be a better choice to stay on the sidelines for now. Long-term investors will likely not do badly when they buy shares at current levels, but they will likely also not do great. For now, I'd rate Apple a hold, and a potential buy if its valuation comes closer to the longer-term average. Those that are more optimistic about new product launches may disagree and favor buying here, but it could turn out that waiting for a better opportunity is the best choice here.</p><p><blockquote>我相信，苹果公司在未来十年具有巨大的上涨潜力，但这并不令人意外——许多公司将在这么长的时间内实现显着增长。我个人对7%的预期长期回报率不太兴奋。当我们考虑到，如果苹果的估值下降，例如由于利率上升，股价在未来1-3年内确实存在相当大的下行风险，目前保持观望可能是更好的选择。长期投资者在当前水平购买股票时可能不会表现不佳，但也可能不会表现出色。目前，我对苹果的评级为持有，如果其估值接近长期平均水平，则可能买入。那些对新产品发布更乐观的人可能不同意并倾向于在这里购买，但事实证明，等待更好的机会是这里的最佳选择。</blockquote></p><p> Summing it up, I'd say shares do have significant upside potential over the next decade, but the upside potential is not large enough to make me buy shares at current, elevated, valuations.</p><p><blockquote>总而言之，我想说，该股在未来十年确实有巨大的上涨潜力，但上涨潜力还不足以让我以当前较高的估值购买股票。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://seekingalpha.com/article/4432703-apple-stock-in-10-years\">seekingalpha</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果"},"source_url":"https://seekingalpha.com/article/4432703-apple-stock-in-10-years","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1122373606","content_text":"Summary\n\nApple has been a great investment over the last decade, but the next decade may look quite different.\nApple has seen its growth slow down over the last decade, and it will likely not be a growth monster in the coming years, either.\nShares have ample long-term upside, but investors should consider the current valuation before jumping to decisions.\n\nPhoto by Paopano/iStock Editorial via Getty Images\nArticle Thesis\nApple (AAPL) has been one of the best investments one could have made over the last decade. Over the next decade, its growth may not be the same, however. Yet, thanks to massive shareholder return programs and a move towards services, Apple's stock will likely still be significantly higher a decade from now - even though the current valuation is rather high.\nApple Stock Price\nOver the last decade, Apple Inc. has been a great investment:\nData by YCharts\nShares have returned 900% in those ten years, before dividends, for a compounded annual return of approximately 26%, easily trouncing the returns of the broad market during that time frame. Importantly, shares have risen a lot more than the company's market capitalization, which grew by only 550% over the last decade. The difference can be explained by the company's large share repurchase programs, which have lowered the share count drastically over the last decade. The last decade, of course, was a highly successful period for Apple on a business basis, as the company benefited from the rise of smartphones while also having success with new products such as its Watch and tablets, which Apple more or less introduced as a new product category. Right now, shares trade for $125, up 57% over the last twelve months, but down 6% in 2021 to date. Following strong gains during 2020, shares seem to be in a consolidation pattern for now, which is not too much of a surprise, as Apple's valuation had expanded a lot in the recent past, and it seems that the company's business growth has to catch up to the recent share price increases now. The current consensus price target is $156, which implies an upside potential of 25%. Since there are no signs of shares leaving their current trading range right now, I personally do not think that Apple will breach $150 in the near term.\nWhere Will Apple Stock Be In 10 Years\nApple's stock price in 2031 is, of course, nothing that can be forecasted with any precision. As history has shown, again and again, it is not even possible to forecast share prices precisely over a much shorter period of time. It is, however, possible to craft scenarios to see where share prices could be in the future under certain conditions, to get a feel for what might be a reasonable expectation for the future.\nTo craft one such scenario, we have to consider Apple's business growth, Apple's shareholder return program, and the valuation multiple that shares might trade at in the future.\nApple's business growth\nApple Inc. has seen years of stronger growth and years of weaker growth in the past. This mostly can be explained by factors such as new product introductions, e.g. Watch or iPad, and by the strength of the respective current iPhone models, which see varying demand depending on the year. Other factors, such as economic growth or trade issues, play a role as well.\nData by YCharts\nOverall, revenues have grown by 154% over the last decade, but as we see in the above chart, revenue growth has been relatively uneven. During the early 2010s, Apple generated massive growth on the back of the iPhones \"road to victory\", whereas revenue growth declined to a much slower pace in the following years. There were even some years during which revenues declined on a year-over-year basis, such as 2016. The average annual revenue growth pace was 10% over the last decade, but when we factor in that this was lifted up by the very strong growth in 2011 and 2012, it may not be too reasonable to assume that Apple will grow by 10% a year in the future, too. Investors should also consider that maintaining a high growth rate becomes ever more difficult the larger a company gets. This does, however, not mean that Apple's revenue growth will slow down to zero.\nOn the back of price increases for its products and the potential for market share gains in high-growth countries such as China, where more and more people will be able to buy Apple's higher-priced products, it seems reasonable to assume that Apple will generate at least some growth from its core businesses. Add in growth in the services segment - people use their phones more and more, which should lead to higher app spending - and consider the potential for new product launches (although I assume none will be as massive as the iPhone), and Apple should be able to grow its business at a solid pace. I personally assume that a 5%-7% revenue growth rate could be a realistic estimate for the coming years, although some readers will of course have different opinions.\nApple's shareholder returns\nApple has lowered its share count massively in the past, as shown above, and it is, I believe, reasonable to assume that the same will happen going forward. Over the last decade, Apple bought back 36% of its shares. If the same were to happen over the next decade, each remaining share's portion of the company's value would rise by 56%, or 4.6% annualized. Due to the fact that Apple's current valuation is significantly higher than its historic valuation, buybacks could be less impactful in the future, though. Apple has, for example, only reduced its share count by 2.6% over the last year.\nThis is why I believe that the share count will not decline by another 36% over the coming decade. When we adjust that downward to 25%, this would result in a ~3% annual tailwind for Apple's growth when we look at per-share metrics, which are the deciding factor for Apple's share price growth. Combined with my 5%-7% business growth estimate, I thus assume that Apple will grow by 8%-10% on a per-share basis in the long term.\nApple's future valuation\nAAPL has been valued in a very wide range in the past, seeing its shares trade for very low multiples at some points, whereas investors were willing to pay significantly more at other times:\nData by YCharts\nShares could, five years ago, be bought for a very low 10x net earnings, which naturally was a great time to enter or expand positions. In late 2020, however, shares were trading for as much as 40x the company's net earnings, which seems like a quite high valuation. Right now, AAPL trades at 28x trailing earnings, and at around 24x forward profits. In the above chart, we also see the median earnings multiples over the last 3, 5, 7, and 10 years. It is pretty clear that Apple's valuation has expanded over the years, which is why the median values are higher for the shorter \"lookback\" periods. I do not believe that AAPL will trade at the 15.5x net earnings that it has traded at, on average, over the last decade, as this seems like a rather low valuation for a quality company like Apple with a strong brand, massive scale, great margins, and a fortress balance sheet. On the other hand, I also don't believe that Apple will trade at a 24-28x earnings multiple forever - for a company that generates solid but unspectacular business growth in the mid-single-digits, that seems quite expensive. This is especially true when we consider that interest rates will likely be higher a decade from now, which should pressure valuations for all equities, all else equal. I thus believe that a valuation of around 20x net earnings could be a reasonable estimate for 2031, which would be more or less in line with the 3-year median earnings multiple.\nIs AAPL A Buy Or Sell Now\nStarting our calculation with an EPS estimate of $5.15 for 2021 and assuming that this will grow by 7%-10% a year through 2031, we reach an EPS range of $10.10 to $13.40. Putting a 20x earnings multiple on that leads to a target price of around $200-$270/share. At the midpoint of around $235, shares would thus see gains of around 90% from the current level, or around 6.5% annualized. That surely is not a bad return, and when we add in the dividend, we would get to an annualized return of roughly 7%. This is, on the other hand, also not an outrageously great return, I believe.\nAAPL has, I believe, significant upside potential over the next decade, but that should not be a large surprise - many companies will see significant growth over a time span this long. I personally am not too excited about a 7% expected long-term return. When we consider that shares do have considerable downside risk in the next 1-3 years if Apple's valuation declines, e.g. due to rising interest rates, it may be a better choice to stay on the sidelines for now. Long-term investors will likely not do badly when they buy shares at current levels, but they will likely also not do great. For now, I'd rate Apple a hold, and a potential buy if its valuation comes closer to the longer-term average. Those that are more optimistic about new product launches may disagree and favor buying here, but it could turn out that waiting for a better opportunity is the best choice here.\nSumming it up, I'd say shares do have significant upside potential over the next decade, but the upside potential is not large enough to make me buy shares at current, elevated, valuations.","news_type":1,"symbols_score_info":{"AAPL":0.9}},"isVote":1,"tweetType":1,"viewCount":2270,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":191476377,"gmtCreate":1620903977099,"gmtModify":1634195428843,"author":{"id":"3549802203532457","authorId":"3549802203532457","name":"KasonT","avatar":"https://static.tigerbbs.com/27ab5f369fba0bf66b2ffb94ea148a0f","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3549802203532457","idStr":"3549802203532457"},"themes":[],"htmlText":"Hmm","listText":"Hmm","text":"Hmm","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/191476377","repostId":"2135253612","repostType":4,"isVote":1,"tweetType":1,"viewCount":499,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":370604924,"gmtCreate":1618578977368,"gmtModify":1634291970798,"author":{"id":"3549802203532457","authorId":"3549802203532457","name":"KasonT","avatar":"https://static.tigerbbs.com/27ab5f369fba0bf66b2ffb94ea148a0f","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3549802203532457","idStr":"3549802203532457"},"themes":[],"htmlText":"Interesting&nbsp;","listText":"Interesting&nbsp;","text":"Interesting","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/370604924","repostId":"1131521200","repostType":4,"repost":{"id":"1131521200","kind":"news","pubTimestamp":1618577973,"share":"https://www.laohu8.com/m/news/1131521200?lang=zh_CN&edition=full","pubTime":"2021-04-16 20:59","market":"us","language":"en","title":"Hedge Fund Billionaire Who Shorted Lehman Brothers Says the Fed and SEC Aren’t Doing Their Jobs<blockquote>做空雷曼兄弟的对冲基金亿万富翁表示美联储和美国证券交易委员会没有做好自己的工作</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1131521200","media":"Barron's","summary":"Stocks arehitting record highs, but not everyone is happy. Greenlight Capital’s David Einhorn is ups","content":"<p>Stocks arehitting record highs, but not everyone is happy. Greenlight Capital’s David Einhorn is upset, particularly with regulators. He has a long list of gripes, ranging from the Federal Reserve’s handling of inflation to the U.S. Securities and Exchange Commission’s lack of action on everything from Robinhood toGameStop.</p><p><blockquote>股市创下历史新高，但并非所有人都感到高兴。Greenlight Capital的大卫·艾因霍恩(David Einhorn)感到不安，尤其是对监管机构。他有一长串抱怨，从美联储对通货膨胀的处理，到美国证券交易委员会对从Robinhood到GameStop的所有事情都缺乏行动。</blockquote></p><p> Einhorn’s complaints regarding the Fed are boilerplate. The Fed has the job of keeping inflation in check, but is now willing to let inflation rise above its long-term target. He doesn’t like the new laissez-faire attitude about rising prices.</p><p><blockquote>艾因霍恩对美联储的抱怨只是样板。美联储的工作是控制通胀，但现在愿意让通胀升至长期目标之上。他不喜欢对物价上涨采取的新的放任态度。</blockquote></p><p> But Einhorn’s harshest words in a letter published Thursday were reserved for the SEC. Its job is to ensure fair trading, but Einhorn writes that it seems to have no interest in investigating spikes in the stock prices of tiny companies or statements from prominent figures such asTesla’sElon Musk and Chamath Palihapitiya that he likens to pouring “jet fuel on the GME squeeze.”</p><p><blockquote>但艾因霍恩在周四发表的一封信中最严厉的话是留给SEC的。它的工作是确保公平交易，但艾因霍恩写道，它似乎没有兴趣调查小公司股价的飙升，也没有兴趣调查特斯拉的埃隆·马斯克和查马斯·帕里哈皮蒂亚等知名人士的言论，他将这些言论比作“给公司加油”。GME挤压。”</blockquote></p><p> “There is no cop on the beat,” Einhorn writes. “Companies and managements that are emboldened enough to engage in malfeasance have little to fear.”</p><p><blockquote>“没有警察在巡逻，”艾因霍恩写道。“有足够胆量从事渎职行为的公司和管理层没什么好害怕的。”</blockquote></p><p> With Greenlight returning just 5.2% in 2020—theS&amp;P 500returned 18%— Einhorn’s rant could seem like sour grapes if the issues he raises weren’t so serious.</p><p><blockquote>由于Greenlight在2020年的回报率仅为5.2%——标准普尔500指数的回报率为18%——如果艾因霍恩提出的问题不是那么严重，他的咆哮可能看起来像酸葡萄。</blockquote></p><p> Einhorn calls on Congress to grill absentee regulators instead of interviewing Roaring Kitty.</p><p><blockquote>艾因霍恩·评级敦促国会盘问缺席的监管者，而不是采访咆哮的小猫。</blockquote></p><p> It would be a start.</p><p><blockquote>这将是一个开始。</blockquote></p><p></p>","source":"lsy1610680873436","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>Hedge Fund Billionaire Who Shorted Lehman Brothers Says the Fed and SEC Aren’t Doing Their Jobs<blockquote>做空雷曼兄弟的对冲基金亿万富翁表示美联储和美国证券交易委员会没有做好自己的工作</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\">\nHedge Fund Billionaire Who Shorted Lehman Brothers Says the Fed and SEC Aren’t Doing Their Jobs<blockquote>做空雷曼兄弟的对冲基金亿万富翁表示美联储和美国证券交易委员会没有做好自己的工作</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Barron's</strong><span class=\"h-time small\">2021-04-16 20:59</span>\n</p>\n</h4>\n</header>\n<article>\n<p>Stocks arehitting record highs, but not everyone is happy. Greenlight Capital’s David Einhorn is upset, particularly with regulators. He has a long list of gripes, ranging from the Federal Reserve’s handling of inflation to the U.S. Securities and Exchange Commission’s lack of action on everything from Robinhood toGameStop.</p><p><blockquote>股市创下历史新高，但并非所有人都感到高兴。Greenlight Capital的大卫·艾因霍恩(David Einhorn)感到不安，尤其是对监管机构。他有一长串抱怨，从美联储对通货膨胀的处理，到美国证券交易委员会对从Robinhood到GameStop的所有事情都缺乏行动。</blockquote></p><p> Einhorn’s complaints regarding the Fed are boilerplate. The Fed has the job of keeping inflation in check, but is now willing to let inflation rise above its long-term target. He doesn’t like the new laissez-faire attitude about rising prices.</p><p><blockquote>艾因霍恩对美联储的抱怨只是样板。美联储的工作是控制通胀，但现在愿意让通胀升至长期目标之上。他不喜欢对物价上涨采取的新的放任态度。</blockquote></p><p> But Einhorn’s harshest words in a letter published Thursday were reserved for the SEC. Its job is to ensure fair trading, but Einhorn writes that it seems to have no interest in investigating spikes in the stock prices of tiny companies or statements from prominent figures such asTesla’sElon Musk and Chamath Palihapitiya that he likens to pouring “jet fuel on the GME squeeze.”</p><p><blockquote>但艾因霍恩在周四发表的一封信中最严厉的话是留给SEC的。它的工作是确保公平交易，但艾因霍恩写道，它似乎没有兴趣调查小公司股价的飙升，也没有兴趣调查特斯拉的埃隆·马斯克和查马斯·帕里哈皮蒂亚等知名人士的言论，他将这些言论比作“给公司加油”。GME挤压。”</blockquote></p><p> “There is no cop on the beat,” Einhorn writes. “Companies and managements that are emboldened enough to engage in malfeasance have little to fear.”</p><p><blockquote>“没有警察在巡逻，”艾因霍恩写道。“有足够胆量从事渎职行为的公司和管理层没什么好害怕的。”</blockquote></p><p> With Greenlight returning just 5.2% in 2020—theS&amp;P 500returned 18%— Einhorn’s rant could seem like sour grapes if the issues he raises weren’t so serious.</p><p><blockquote>由于Greenlight在2020年的回报率仅为5.2%——标准普尔500指数的回报率为18%——如果艾因霍恩提出的问题不是那么严重，他的咆哮可能看起来像酸葡萄。</blockquote></p><p> Einhorn calls on Congress to grill absentee regulators instead of interviewing Roaring Kitty.</p><p><blockquote>艾因霍恩·评级敦促国会盘问缺席的监管者，而不是采访咆哮的小猫。</blockquote></p><p> It would be a start.</p><p><blockquote>这将是一个开始。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.barrons.com/articles/hedge-fund-billionaire-who-shorted-lehman-brothers-says-the-fed-and-sec-arent-doing-their-jobs-51618576593?mod=hp_LATEST\">Barron's</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.barrons.com/articles/hedge-fund-billionaire-who-shorted-lehman-brothers-says-the-fed-and-sec-arent-doing-their-jobs-51618576593?mod=hp_LATEST","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1131521200","content_text":"Stocks arehitting record highs, but not everyone is happy. Greenlight Capital’s David Einhorn is upset, particularly with regulators. He has a long list of gripes, ranging from the Federal Reserve’s handling of inflation to the U.S. Securities and Exchange Commission’s lack of action on everything from Robinhood toGameStop.\nEinhorn’s complaints regarding the Fed are boilerplate. The Fed has the job of keeping inflation in check, but is now willing to let inflation rise above its long-term target. He doesn’t like the new laissez-faire attitude about rising prices.\nBut Einhorn’s harshest words in a letter published Thursday were reserved for the SEC. Its job is to ensure fair trading, but Einhorn writes that it seems to have no interest in investigating spikes in the stock prices of tiny companies or statements from prominent figures such asTesla’sElon Musk and Chamath Palihapitiya that he likens to pouring “jet fuel on the GME squeeze.”\n“There is no cop on the beat,” Einhorn writes. “Companies and managements that are emboldened enough to engage in malfeasance have little to fear.”\nWith Greenlight returning just 5.2% in 2020—theS&P 500returned 18%— Einhorn’s rant could seem like sour grapes if the issues he raises weren’t so serious.\nEinhorn calls on Congress to grill absentee regulators instead of interviewing Roaring Kitty.\nIt would be a start.","news_type":1,"symbols_score_info":{".SPX":0.9,".IXIC":0.9,".DJI":0.9,"SPY":0.9}},"isVote":1,"tweetType":1,"viewCount":285,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":191476558,"gmtCreate":1620904067774,"gmtModify":1634195428485,"author":{"id":"3549802203532457","authorId":"3549802203532457","name":"KasonT","avatar":"https://static.tigerbbs.com/27ab5f369fba0bf66b2ffb94ea148a0f","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3549802203532457","idStr":"3549802203532457"},"themes":[],"htmlText":"Completing with coin","listText":"Completing with coin","text":"Completing with coin","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/191476558","repostId":"1164812173","repostType":4,"isVote":1,"tweetType":1,"viewCount":546,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":891950916,"gmtCreate":1628321151435,"gmtModify":1633751659850,"author":{"id":"3549802203532457","authorId":"3549802203532457","name":"KasonT","avatar":"https://static.tigerbbs.com/27ab5f369fba0bf66b2ffb94ea148a0f","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3549802203532457","idStr":"3549802203532457"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/891950916","repostId":"2157464672","repostType":4,"isVote":1,"tweetType":1,"viewCount":1195,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":118220971,"gmtCreate":1622734229393,"gmtModify":1634098557773,"author":{"id":"3549802203532457","authorId":"3549802203532457","name":"KasonT","avatar":"https://static.tigerbbs.com/27ab5f369fba0bf66b2ffb94ea148a0f","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3549802203532457","idStr":"3549802203532457"},"themes":[],"htmlText":"Wow","listText":"Wow","text":"Wow","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/118220971","repostId":"1150431596","repostType":4,"repost":{"id":"1150431596","kind":"news","weMediaInfo":{"introduction":"Stock Market Quotes, Business News, Financial News, Trading Ideas, and Stock Research by Professionals","home_visible":0,"media_name":"Benzinga","id":"1052270027","head_image":"https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa"},"pubTimestamp":1622733096,"share":"https://www.laohu8.com/m/news/1150431596?lang=zh_CN&edition=full","pubTime":"2021-06-03 23:11","market":"us","language":"en","title":"AMC And GameStop Short Sellers Have Taken A $12B Loss In 2021<blockquote>AMC和游戏驿站卖空者在2021年损失了120B美元</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1150431596","media":"Benzinga","summary":"Shares of so-called meme stocks AMC Entertainment Holdings Inc and GameStop Corp. both dropped on Th","content":"<p>Shares of so-called meme stocks&nbsp;<b>AMC Entertainment Holdings Inc</b>&nbsp;and&nbsp;<b>GameStop Corp.</b>&nbsp;both dropped on Thursday morning, providing some relief to short sellers reeling from heavy Wednesday losses.</p><p><blockquote>所谓模因股票的份额<b>AMC院线控股公司</b>和<b>游戏驿站公司。</b>周四上午，两者均下跌，为周三重挫的卖空者提供了一些缓解。</blockquote></p><p> AMC shares hit new all-time highs of $72.62 this week as a social media-driven buying frenzy has inflicted major pain on short sellers.</p><p><blockquote>由于社交媒体驱动的购买狂潮给卖空者带来了巨大痛苦，AMC股价本周创下72.62美元的历史新高。</blockquote></p><p> <b>The Numbers:</b>On Wednesday, AMC short sellers took a whopping $2.77 billion loss, according to S3 Partners analyst Ihor Dusaniwsky. That loss brought AMC short sellers’ two-day losses up to $3.3 billion and their 7-day losses up to $4.54 billion.</p><p><blockquote><b>数字：</b>S3 Partners分析师Ihor Dusaniwsky表示，周三，AMC卖空者遭受了27.7亿美元的巨额损失。这一损失使AMC卖空者的两天损失高达33亿美元，7天损失高达45.4亿美元。</blockquote></p><p> Year to date, AMC short sellers have now logged mark-to-market losses of $5.22 billion, Dusaniwsky said.</p><p><blockquote>杜萨尼夫斯基表示，今年迄今为止，AMC卖空者按市值计算已损失52.2亿美元。</blockquote></p><p> AMC’s short interest now stands at about $2.91 billion, or about 18.2% of the stock’s float.</p><p><blockquote>AMC的空头权益目前约为29.1亿美元，约占该股流通股的18.2%。</blockquote></p><p> Even after Wednesday’s big gain by AMC, GameStop short sellers have still taken the heavier blow so far in 2021. Dusaniwsky said GameStop short sellers lost $375.7 million on Wednesday, bringing their year-to-date losses up to $7.15 billion.</p><p><blockquote>即使在AMC周三大幅上涨之后，游戏驿站卖空者在2021年迄今为止仍然遭受了更沉重的打击。Dusaniwsky表示，游戏驿站卖空者周三损失了3.757亿美元，使他们今年迄今的损失达到71.5亿美元。</blockquote></p><p> GameStop now has $2.82 billion in short interest, or about 19.8% of the stock’s float.</p><p><blockquote>游戏驿站目前拥有28.2亿美元的空头权益，约占该股流通股的19.8%。</blockquote></p><p> As of Wednesday’s close, GameStop and AMC short sellers have endured combined losses of $12.3 billion in 2021, according to S3.</p><p><blockquote>根据S3的数据，截至周三收盘，游戏驿站和AMC卖空者在2021年总共损失了123亿美元。</blockquote></p><p> <b>Benzinga’s Take:</b>AMC itself warned investors on Thursday that investing in its stock at current prices could result in them losing “all or a substantial portion” of their money.</p><p><blockquote><b>Benzinga的看法：</b>AMC本身周四警告投资者，以当前价格投资其股票可能会导致他们损失“全部或大部分”资金。</blockquote></p><p> Given the unprecedented trading action in both AMC and GameStop so far in 2021, it’s difficult to have too much sympathy for anyone who is short either stock at this point.</p><p><blockquote>鉴于AMC和游戏驿站在2021年迄今为止采取了前所未有的交易行动，目前很难对任何做空这两只股票的人表示太多同情。</blockquote></p><p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>AMC And GameStop Short Sellers Have Taken A $12B Loss In 2021<blockquote>AMC和游戏驿站卖空者在2021年损失了120B美元</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\">\nAMC And GameStop Short Sellers Have Taken A $12B Loss In 2021<blockquote>AMC和游戏驿站卖空者在2021年损失了120B美元</blockquote>\n</h2>\n<h4 class=\"meta\">\n<div class=\"head\" \">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Benzinga </p>\n<p class=\"h-time smaller\">2021-06-03 23:11</p>\n</div>\n</div>\n</h4>\n</header>\n<article>\n<p>Shares of so-called meme stocks&nbsp;<b>AMC Entertainment Holdings Inc</b>&nbsp;and&nbsp;<b>GameStop Corp.</b>&nbsp;both dropped on Thursday morning, providing some relief to short sellers reeling from heavy Wednesday losses.</p><p><blockquote>所谓模因股票的份额<b>AMC院线控股公司</b>和<b>游戏驿站公司。</b>周四上午，两者均下跌，为周三重挫的卖空者提供了一些缓解。</blockquote></p><p> AMC shares hit new all-time highs of $72.62 this week as a social media-driven buying frenzy has inflicted major pain on short sellers.</p><p><blockquote>由于社交媒体驱动的购买狂潮给卖空者带来了巨大痛苦，AMC股价本周创下72.62美元的历史新高。</blockquote></p><p> <b>The Numbers:</b>On Wednesday, AMC short sellers took a whopping $2.77 billion loss, according to S3 Partners analyst Ihor Dusaniwsky. That loss brought AMC short sellers’ two-day losses up to $3.3 billion and their 7-day losses up to $4.54 billion.</p><p><blockquote><b>数字：</b>S3 Partners分析师Ihor Dusaniwsky表示，周三，AMC卖空者遭受了27.7亿美元的巨额损失。这一损失使AMC卖空者的两天损失高达33亿美元，7天损失高达45.4亿美元。</blockquote></p><p> Year to date, AMC short sellers have now logged mark-to-market losses of $5.22 billion, Dusaniwsky said.</p><p><blockquote>杜萨尼夫斯基表示，今年迄今为止，AMC卖空者按市值计算已损失52.2亿美元。</blockquote></p><p> AMC’s short interest now stands at about $2.91 billion, or about 18.2% of the stock’s float.</p><p><blockquote>AMC的空头权益目前约为29.1亿美元，约占该股流通股的18.2%。</blockquote></p><p> Even after Wednesday’s big gain by AMC, GameStop short sellers have still taken the heavier blow so far in 2021. Dusaniwsky said GameStop short sellers lost $375.7 million on Wednesday, bringing their year-to-date losses up to $7.15 billion.</p><p><blockquote>即使在AMC周三大幅上涨之后，游戏驿站卖空者在2021年迄今为止仍然遭受了更沉重的打击。Dusaniwsky表示，游戏驿站卖空者周三损失了3.757亿美元，使他们今年迄今的损失达到71.5亿美元。</blockquote></p><p> GameStop now has $2.82 billion in short interest, or about 19.8% of the stock’s float.</p><p><blockquote>游戏驿站目前拥有28.2亿美元的空头权益，约占该股流通股的19.8%。</blockquote></p><p> As of Wednesday’s close, GameStop and AMC short sellers have endured combined losses of $12.3 billion in 2021, according to S3.</p><p><blockquote>根据S3的数据，截至周三收盘，游戏驿站和AMC卖空者在2021年总共损失了123亿美元。</blockquote></p><p> <b>Benzinga’s Take:</b>AMC itself warned investors on Thursday that investing in its stock at current prices could result in them losing “all or a substantial portion” of their money.</p><p><blockquote><b>Benzinga的看法：</b>AMC本身周四警告投资者，以当前价格投资其股票可能会导致他们损失“全部或大部分”资金。</blockquote></p><p> Given the unprecedented trading action in both AMC and GameStop so far in 2021, it’s difficult to have too much sympathy for anyone who is short either stock at this point.</p><p><blockquote>鉴于AMC和游戏驿站在2021年迄今为止采取了前所未有的交易行动，目前很难对任何做空这两只股票的人表示太多同情。</blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AMC":"AMC院线","GME":"游戏驿站"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1150431596","content_text":"Shares of so-called meme stocks AMC Entertainment Holdings Inc and GameStop Corp. both dropped on Thursday morning, providing some relief to short sellers reeling from heavy Wednesday losses.\nAMC shares hit new all-time highs of $72.62 this week as a social media-driven buying frenzy has inflicted major pain on short sellers.\nThe Numbers:On Wednesday, AMC short sellers took a whopping $2.77 billion loss, according to S3 Partners analyst Ihor Dusaniwsky. That loss brought AMC short sellers’ two-day losses up to $3.3 billion and their 7-day losses up to $4.54 billion.\nYear to date, AMC short sellers have now logged mark-to-market losses of $5.22 billion, Dusaniwsky said.\nAMC’s short interest now stands at about $2.91 billion, or about 18.2% of the stock’s float.\nEven after Wednesday’s big gain by AMC, GameStop short sellers have still taken the heavier blow so far in 2021. Dusaniwsky said GameStop short sellers lost $375.7 million on Wednesday, bringing their year-to-date losses up to $7.15 billion.\nGameStop now has $2.82 billion in short interest, or about 19.8% of the stock’s float.\nAs of Wednesday’s close, GameStop and AMC short sellers have endured combined losses of $12.3 billion in 2021, according to S3.\nBenzinga’s Take:AMC itself warned investors on Thursday that investing in its stock at current prices could result in them losing “all or a substantial portion” of their money.\nGiven the unprecedented trading action in both AMC and GameStop so far in 2021, it’s difficult to have too much sympathy for anyone who is short either stock at this point.","news_type":1,"symbols_score_info":{"GME":0.9,"AMC":0.9}},"isVote":1,"tweetType":1,"viewCount":743,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":191471357,"gmtCreate":1620903864079,"gmtModify":1634195430122,"author":{"id":"3549802203532457","authorId":"3549802203532457","name":"KasonT","avatar":"https://static.tigerbbs.com/27ab5f369fba0bf66b2ffb94ea148a0f","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3549802203532457","idStr":"3549802203532457"},"themes":[],"htmlText":"Interesting","listText":"Interesting","text":"Interesting","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/191471357","repostId":"1123206612","repostType":4,"repost":{"id":"1123206612","kind":"news","pubTimestamp":1620903183,"share":"https://www.laohu8.com/m/news/1123206612?lang=zh_CN&edition=full","pubTime":"2021-05-13 18:53","market":"us","language":"en","title":"Tesla and Bitcoin, Colonial Pipeline, Boeing, Alibaba: 5 Things You Must Know<blockquote>特斯拉和比特币、殖民管道、波音、阿里巴巴-SW：你必须知道的5件事</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1123206612","media":"The Street","summary":"Stock futures fall after a jump in U.S. inflation; bitcoin sinks after Elon Musk says Tesla is no lo","content":"<p>Stock futures fall after a jump in U.S. inflation; bitcoin sinks after Elon Musk says Tesla is no longer accepting payments in the digital currency; Colonial Pipeline restarts; Disney and Alibaba report earnings.Here are five things you must know for Thursday, May 13:</p><p><blockquote>美国通胀飙升后股指期货下跌；Elon Musk表示特斯拉不再接受数字货币支付后，比特币股价下跌；殖民地管道重启；迪斯尼和阿里巴巴-SW公布财报。以下是5月13日星期四您必须了解的五件事：</blockquote></p><p><b>1. Stock Futures Signal a Further Wall Street Retreat</b></p><p><blockquote><b>1.股票期货预示着华尔街进一步撤退</b></blockquote></p><p>Stock futures pointed to a drop for Wall Street on Thursday after a jump in&nbsp;U.S. consumer prices added to worries that higher inflation could hamper an economic recovery.</p><p><blockquote>在美国股市上涨后，周四华尔街股指期货下跌。消费者价格上涨加剧了人们对通胀上升可能阻碍经济复苏的担忧。</blockquote></p><p>Contracts linked to the Dow Jones Industrial Average fell 156 points, S&amp;P 500 futures were down 10 points and Nasdaq futures declined 15 points.</p><p><blockquote>与道琼斯工业平均指数挂钩的合约下跌156点，标普500期货下跌10点，纳斯达克期货下跌15点。</blockquote></p><p>Stocks ended lower Wednesday for a third straight sessionafter consumer inflation in the U.S. rose in April by the most since 2009.&nbsp;The Dow tumbled nearly 2%, the S&amp;P 500 dropped 2.14% and the Nasdaq slumped 2.67%.</p><p><blockquote>美国4月份消费者通胀创2009年以来最大涨幅，周三股市连续第三个交易日收低。道琼斯指数下跌近2%，标普500下跌2.14%，纳斯达克下跌2.67%。</blockquote></p><p>The Dow&nbsp;suffered its worst day since January.</p><p><blockquote>道琼斯指数遭遇一月份以来最糟糕的一天。</blockquote></p><p>\"Inflation and interest rate jitters are hitting the market ... but for now the selloff has been orderly,\" said&nbsp;Cliff Hodge, chief investment officer for Cornerstone Wealth. \"Letting some air out of these sky-high valuations is a positive going forward. We’re heading to the seasonally slow time of the year, so sell in May is top of mind.\"</p><p><blockquote>Cornerstone Wealth首席投资官克里夫·霍奇(Cliff Hodge)表示：“通胀和利率不安正在冲击市场……但目前抛售是有序的。”“从这些天价估值中释放一些空气对未来是积极的。我们即将进入一年中的季节性淡季，因此在5月份出售是首要考虑的事情。”</blockquote></p><p>Investors have grown increasingly worried that persistent inflation will force the Federal Reserve to pull back on stimulus and boost interest rates that are near zero.</p><p><blockquote>投资者越来越担心持续的通胀将迫使美联储撤回刺激措施并提高接近零的利率。</blockquote></p><p>The Fed has insisted that any spike in inflation would be temporary.&nbsp;Federal Reserve Vice Chairman Richard Clarida said as much on Wednesday and added&nbsp;the central bank \"would not hesitate to act” if necessary to bring inflation down to its \"2% longer-run goal.\"</p><p><blockquote>美联储坚称，任何通胀飙升都是暂时的。美联储副主席理查德·克拉里达周三也表示了同样的观点，并补充说，如有必要，央行“将毫不犹豫地采取行动”，将通胀降至“2%的长期目标”。</blockquote></p><p><b>2. Bitcoin Sinks After Musk Says Tesla Will No Longer Accept It for Purchases</b></p><p><blockquote><b>2.马斯克称特斯拉将不再接受其采购后，比特币沉沦</b></blockquote></p><p>Bitcoin dropped sharply to below $50,000 after Tesla&nbsp;(<b>TSLA</b>) -Get Report&nbsp;CEO Elon Musk tweeted that his electric vehicle company wasno longer accepting payments in the digital currencybecause of environmental concerns.</p><p><blockquote>比特币在特斯拉之后大幅跌至5万美元以下（<b>特斯拉</b>)-Get Report首席执行官埃隆·马斯克(Elon Musk)在推特上表示，出于环境考虑，他的电动汽车公司不再接受数字货币支付。</blockquote></p><p>“Tesla has suspended vehicle purchases using Bitcoin. We are concerned about rapidly increasing use of fossil fuels for Bitcoin mining and transactions, especially coal, which has the worst emission of any fuel,” Musk said in a tweet late Wednesday.</p><p><blockquote>“特斯拉已经暂停了使用比特币的车辆采购。我们对比特币开采和交易中化石燃料的使用迅速增加感到担忧，尤其是煤炭，它是所有燃料中排放最严重的，”Musk在周三晚间的一条推文中表示。</blockquote></p><p>Musk added that Tesla won’t be selling any of the bitcoin it holds. He said the company was looking at other cryptocurrencies that use far less energy per transaction.</p><p><blockquote>马斯克补充说，特斯拉不会出售其持有的任何比特币。他表示，该公司正在研究每笔交易消耗的能源少得多的其他加密货币。</blockquote></p><p>Bitcoin gained additional credibility earlier this year whenTesla said it had bought $1.5 billion worth of the cryptocurrencyand announced it would begin accepting bitcoin for payments.</p><p><blockquote>今年早些时候，特斯拉表示已购买了价值15亿美元的加密货币，并宣布将开始接受比特币进行支付，比特币获得了额外的可信度。</blockquote></p><p>The world's largest cryptocurrency pared earlier losses and was recently down 12.13% to $49,670, according to CoinDesk.</p><p><blockquote>根据CoinDesk的数据，全球最大的加密货币收复了早些时候的跌幅，最近下跌了12.13%，至49,670美元。</blockquote></p><p>Tesla fell 1.61% in premarket trading Thursday to $580.41. The stock declined 4.42% in Wednesday's broad market selloff.</p><p><blockquote>特斯拉周四盘前交易中下跌1.61%，至580.41美元。该股在周三大盘抛售中下跌4.42%。</blockquote></p><p><b>3. Oil Drops as Colonial Pipeline Restarts After Hack</b></p><p><blockquote><b>3.Colonial管道遭黑客攻击后重启，油价下跌</b></blockquote></p><p>Oil prices in the U.S. fell more than 2% early Thursday after the biggest U.S. pipeline slowly started to return to service following a cyberattack at the end of last week.</p><p><blockquote>美国最大的管道在上周末遭受网络攻击后慢慢开始恢复服务，周四早些时候美国油价下跌超过2%。</blockquote></p><p>West Texas Intermediate crude oil fell 2.51% to $64.42 a barrel.</p><p><blockquote>西德克萨斯中质原油跌2.51%，报64.42美元/桶。</blockquote></p><p>Colonial Pipeline said it initiated a restart at around 5 p.m. ETbut cautioned \"it will take several days for the product delivery supply chain to return to normal.</p><p><blockquote>Colonial Pipeline表示，它于下午5点左右启动了重启。ETbut警告说，“产品交付供应链需要几天时间才能恢复正常。</blockquote></p><p>\"Some markets served by Colonial Pipeline may experience, or continue to experience, intermittent service interruptions during the start-up period. Colonial will move as much gasoline, diesel, and jet fuel as is safely possible and will continue to do so until markets return to normal,\" the company added in a statement.</p><p><blockquote>“Colonial Pipeline服务的一些市场在启动期间可能会经历或继续经历间歇性服务中断。Colonial将尽可能安全地运输尽可能多的汽油、柴油和喷气燃料，并将继续这样做，直到市场恢复正常，”该公司在一份声明中补充道。</blockquote></p><p>The Colonial network&nbsp;is the main source of gasoline, diesel and jet fuel for the East Coast.</p><p><blockquote>殖民地网络是东海岸汽油、柴油和喷气燃料的主要来源。</blockquote></p><p>The pipeline's shutdown on May 7 led to gas shortages&nbsp;in the southeastern and mid-Atlantic regions of the U.S. and sent gas prices soaring to above $3 a barrel for the first time in roughly seven years.</p><p><blockquote>该管道于5月7日关闭，导致美国东南部和大西洋中部地区出现天然气短缺，并导致天然气价格飙升至每桶3美元以上，这是大约七年来的首次。</blockquote></p><p>8 Oil Stocks Cramer Likes, 4 He Doesn't Amid Ongoing Pipeline Shutdown</p><p><blockquote>克莱默喜欢8只石油股，在管道持续关闭期间他不喜欢4只</blockquote></p><p><b>4. Boeing Gets FAA Approval for Electrical Fixes to 737 MAX</b></p><p><blockquote><b>4.波音737 MAX电气修复获FAA批准</b></blockquote></p><p>Boeing&nbsp;(<b>BA</b>) -Get Report&nbsp;received approval from the Federal Aviation Administration for a fix to electrical issues that affected about 100 of the jetmaker's 737 MAX aircraft.</p><p><blockquote>波音（<b>巴</b>)-Get报告获得了美国联邦航空管理局的批准，可以修复影响该飞机制造商约100架737 MAX飞机的电气问题。</blockquote></p><p>The electrical problem grounded a portion of Boeing's 737 MAX fleet in early April.</p><p><blockquote>电气问题导致波音737 MAX机队的一部分于4月初停飞。</blockquote></p><p>The company told Reuters that after \"gaining final approvals from the FAA, we have issued service bulletins for the affected fleet. We are also completing the work as we prepare to resume deliveries.\"</p><p><blockquote>该公司告诉路透社，在“获得美国联邦航空局的最终批准后，我们已经为受影响的机队发布了服务公告。我们也在完成这项工作，准备恢复交付。”</blockquote></p><p>Boeing didn't specify when the jets might return to service but expectations are that 737 MAX flights could resume within days.</p><p><blockquote>波音公司没有具体说明这些飞机何时可能恢复服务，但预计737 MAX航班可能会在几天内恢复。</blockquote></p><p>The electrical issue&nbsp;was unrelated to the grounding in 2019 of the 737 MAX following two fatal crashes in&nbsp;Indonesia and Ethiopia.</p><p><blockquote>电气问题与2019年737 MAX在印度尼西亚和埃塞俄比亚发生两起致命坠机事故后停飞无关。</blockquote></p><p></p><p>Boeing shares were down 0.31% to $220.10 in premarket trading.</p><p><blockquote>波音股价在盘前交易中下跌0.31%，至220.10美元。</blockquote></p><p><b>5.Thursday's Calendar: Disney, Alibaba and Coinbase Earnings; Jobless Claims</b></p><p><blockquote><b>5.周四日历：迪士尼、阿里巴巴-SW和Coinbase财报；申请失业救济人数</b></blockquote></p><p>Earnings reports are expected Thursday from Walt Disney DIS, Alibaba BABA, Airbnb ABNB, Coinbase COIN, Yeti Holdings YETI, Canada Goose GOOS, DoorDash DASH and Xpeng XPEV.</p><p><blockquote>华特迪士尼DIS、阿里巴巴-SW BABA、Airbnb ABNB、Coinbase COIN、Yeti Holdings YETI、Canada Goose GOOS、DoorDash DASH和小鹏XPEV预计将于周四发布收益报告。</blockquote></p><p>Puke or Profit? How to Ride Disney After Earnings</p><p><blockquote>呕吐还是盈利？盈利后如何驾驭迪士尼</blockquote></p><p>Bitcoin as Gold, Dogecoin as a Dog: Here Comes Coinbase Earnings</p><p><blockquote>比特币就像黄金，狗狗币就像狗：Coinbase收益来了</blockquote></p><p>The U.S.economic calendarThursday includes weekly&nbsp;Jobless Claims at 8:30 a.m. ET and the&nbsp;Producer Price Index (Final Demand) for April at 8:30 a.m.</p><p><blockquote>美国经济日历周四包括美国东部时间上午8:30的每周初请失业金人数和上午8:30的4月份生产者价格指数（最终需求）。</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>Tesla and Bitcoin, Colonial Pipeline, Boeing, Alibaba: 5 Things You Must Know<blockquote>特斯拉和比特币、殖民管道、波音、阿里巴巴-SW：你必须知道的5件事</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTesla and Bitcoin, Colonial Pipeline, Boeing, Alibaba: 5 Things You Must Know<blockquote>特斯拉和比特币、殖民管道、波音、阿里巴巴-SW：你必须知道的5件事</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\">2021-05-13 18:53</span>\n</p>\n</h4>\n</header>\n<article>\n<p>Stock futures fall after a jump in U.S. inflation; bitcoin sinks after Elon Musk says Tesla is no longer accepting payments in the digital currency; Colonial Pipeline restarts; Disney and Alibaba report earnings.Here are five things you must know for Thursday, May 13:</p><p><blockquote>美国通胀飙升后股指期货下跌；Elon Musk表示特斯拉不再接受数字货币支付后，比特币股价下跌；殖民地管道重启；迪斯尼和阿里巴巴-SW公布财报。以下是5月13日星期四您必须了解的五件事：</blockquote></p><p><b>1. Stock Futures Signal a Further Wall Street Retreat</b></p><p><blockquote><b>1.股票期货预示着华尔街进一步撤退</b></blockquote></p><p>Stock futures pointed to a drop for Wall Street on Thursday after a jump in&nbsp;U.S. consumer prices added to worries that higher inflation could hamper an economic recovery.</p><p><blockquote>在美国股市上涨后，周四华尔街股指期货下跌。消费者价格上涨加剧了人们对通胀上升可能阻碍经济复苏的担忧。</blockquote></p><p>Contracts linked to the Dow Jones Industrial Average fell 156 points, S&amp;P 500 futures were down 10 points and Nasdaq futures declined 15 points.</p><p><blockquote>与道琼斯工业平均指数挂钩的合约下跌156点，标普500期货下跌10点，纳斯达克期货下跌15点。</blockquote></p><p>Stocks ended lower Wednesday for a third straight sessionafter consumer inflation in the U.S. rose in April by the most since 2009.&nbsp;The Dow tumbled nearly 2%, the S&amp;P 500 dropped 2.14% and the Nasdaq slumped 2.67%.</p><p><blockquote>美国4月份消费者通胀创2009年以来最大涨幅，周三股市连续第三个交易日收低。道琼斯指数下跌近2%，标普500下跌2.14%，纳斯达克下跌2.67%。</blockquote></p><p>The Dow&nbsp;suffered its worst day since January.</p><p><blockquote>道琼斯指数遭遇一月份以来最糟糕的一天。</blockquote></p><p>\"Inflation and interest rate jitters are hitting the market ... but for now the selloff has been orderly,\" said&nbsp;Cliff Hodge, chief investment officer for Cornerstone Wealth. \"Letting some air out of these sky-high valuations is a positive going forward. We’re heading to the seasonally slow time of the year, so sell in May is top of mind.\"</p><p><blockquote>Cornerstone Wealth首席投资官克里夫·霍奇(Cliff Hodge)表示：“通胀和利率不安正在冲击市场……但目前抛售是有序的。”“从这些天价估值中释放一些空气对未来是积极的。我们即将进入一年中的季节性淡季，因此在5月份出售是首要考虑的事情。”</blockquote></p><p>Investors have grown increasingly worried that persistent inflation will force the Federal Reserve to pull back on stimulus and boost interest rates that are near zero.</p><p><blockquote>投资者越来越担心持续的通胀将迫使美联储撤回刺激措施并提高接近零的利率。</blockquote></p><p>The Fed has insisted that any spike in inflation would be temporary.&nbsp;Federal Reserve Vice Chairman Richard Clarida said as much on Wednesday and added&nbsp;the central bank \"would not hesitate to act” if necessary to bring inflation down to its \"2% longer-run goal.\"</p><p><blockquote>美联储坚称，任何通胀飙升都是暂时的。美联储副主席理查德·克拉里达周三也表示了同样的观点，并补充说，如有必要，央行“将毫不犹豫地采取行动”，将通胀降至“2%的长期目标”。</blockquote></p><p><b>2. Bitcoin Sinks After Musk Says Tesla Will No Longer Accept It for Purchases</b></p><p><blockquote><b>2.马斯克称特斯拉将不再接受其采购后，比特币沉沦</b></blockquote></p><p>Bitcoin dropped sharply to below $50,000 after Tesla&nbsp;(<b>TSLA</b>) -Get Report&nbsp;CEO Elon Musk tweeted that his electric vehicle company wasno longer accepting payments in the digital currencybecause of environmental concerns.</p><p><blockquote>比特币在特斯拉之后大幅跌至5万美元以下（<b>特斯拉</b>)-Get Report首席执行官埃隆·马斯克(Elon Musk)在推特上表示，出于环境考虑，他的电动汽车公司不再接受数字货币支付。</blockquote></p><p>“Tesla has suspended vehicle purchases using Bitcoin. We are concerned about rapidly increasing use of fossil fuels for Bitcoin mining and transactions, especially coal, which has the worst emission of any fuel,” Musk said in a tweet late Wednesday.</p><p><blockquote>“特斯拉已经暂停了使用比特币的车辆采购。我们对比特币开采和交易中化石燃料的使用迅速增加感到担忧，尤其是煤炭，它是所有燃料中排放最严重的，”Musk在周三晚间的一条推文中表示。</blockquote></p><p>Musk added that Tesla won’t be selling any of the bitcoin it holds. He said the company was looking at other cryptocurrencies that use far less energy per transaction.</p><p><blockquote>马斯克补充说，特斯拉不会出售其持有的任何比特币。他表示，该公司正在研究每笔交易消耗的能源少得多的其他加密货币。</blockquote></p><p>Bitcoin gained additional credibility earlier this year whenTesla said it had bought $1.5 billion worth of the cryptocurrencyand announced it would begin accepting bitcoin for payments.</p><p><blockquote>今年早些时候，特斯拉表示已购买了价值15亿美元的加密货币，并宣布将开始接受比特币进行支付，比特币获得了额外的可信度。</blockquote></p><p>The world's largest cryptocurrency pared earlier losses and was recently down 12.13% to $49,670, according to CoinDesk.</p><p><blockquote>根据CoinDesk的数据，全球最大的加密货币收复了早些时候的跌幅，最近下跌了12.13%，至49,670美元。</blockquote></p><p>Tesla fell 1.61% in premarket trading Thursday to $580.41. The stock declined 4.42% in Wednesday's broad market selloff.</p><p><blockquote>特斯拉周四盘前交易中下跌1.61%，至580.41美元。该股在周三大盘抛售中下跌4.42%。</blockquote></p><p><b>3. Oil Drops as Colonial Pipeline Restarts After Hack</b></p><p><blockquote><b>3.Colonial管道遭黑客攻击后重启，油价下跌</b></blockquote></p><p>Oil prices in the U.S. fell more than 2% early Thursday after the biggest U.S. pipeline slowly started to return to service following a cyberattack at the end of last week.</p><p><blockquote>美国最大的管道在上周末遭受网络攻击后慢慢开始恢复服务，周四早些时候美国油价下跌超过2%。</blockquote></p><p>West Texas Intermediate crude oil fell 2.51% to $64.42 a barrel.</p><p><blockquote>西德克萨斯中质原油跌2.51%，报64.42美元/桶。</blockquote></p><p>Colonial Pipeline said it initiated a restart at around 5 p.m. ETbut cautioned \"it will take several days for the product delivery supply chain to return to normal.</p><p><blockquote>Colonial Pipeline表示，它于下午5点左右启动了重启。ETbut警告说，“产品交付供应链需要几天时间才能恢复正常。</blockquote></p><p>\"Some markets served by Colonial Pipeline may experience, or continue to experience, intermittent service interruptions during the start-up period. Colonial will move as much gasoline, diesel, and jet fuel as is safely possible and will continue to do so until markets return to normal,\" the company added in a statement.</p><p><blockquote>“Colonial Pipeline服务的一些市场在启动期间可能会经历或继续经历间歇性服务中断。Colonial将尽可能安全地运输尽可能多的汽油、柴油和喷气燃料，并将继续这样做，直到市场恢复正常，”该公司在一份声明中补充道。</blockquote></p><p>The Colonial network&nbsp;is the main source of gasoline, diesel and jet fuel for the East Coast.</p><p><blockquote>殖民地网络是东海岸汽油、柴油和喷气燃料的主要来源。</blockquote></p><p>The pipeline's shutdown on May 7 led to gas shortages&nbsp;in the southeastern and mid-Atlantic regions of the U.S. and sent gas prices soaring to above $3 a barrel for the first time in roughly seven years.</p><p><blockquote>该管道于5月7日关闭，导致美国东南部和大西洋中部地区出现天然气短缺，并导致天然气价格飙升至每桶3美元以上，这是大约七年来的首次。</blockquote></p><p>8 Oil Stocks Cramer Likes, 4 He Doesn't Amid Ongoing Pipeline Shutdown</p><p><blockquote>克莱默喜欢8只石油股，在管道持续关闭期间他不喜欢4只</blockquote></p><p><b>4. Boeing Gets FAA Approval for Electrical Fixes to 737 MAX</b></p><p><blockquote><b>4.波音737 MAX电气修复获FAA批准</b></blockquote></p><p>Boeing&nbsp;(<b>BA</b>) -Get Report&nbsp;received approval from the Federal Aviation Administration for a fix to electrical issues that affected about 100 of the jetmaker's 737 MAX aircraft.</p><p><blockquote>波音（<b>巴</b>)-Get报告获得了美国联邦航空管理局的批准，可以修复影响该飞机制造商约100架737 MAX飞机的电气问题。</blockquote></p><p>The electrical problem grounded a portion of Boeing's 737 MAX fleet in early April.</p><p><blockquote>电气问题导致波音737 MAX机队的一部分于4月初停飞。</blockquote></p><p>The company told Reuters that after \"gaining final approvals from the FAA, we have issued service bulletins for the affected fleet. We are also completing the work as we prepare to resume deliveries.\"</p><p><blockquote>该公司告诉路透社，在“获得美国联邦航空局的最终批准后，我们已经为受影响的机队发布了服务公告。我们也在完成这项工作，准备恢复交付。”</blockquote></p><p>Boeing didn't specify when the jets might return to service but expectations are that 737 MAX flights could resume within days.</p><p><blockquote>波音公司没有具体说明这些飞机何时可能恢复服务，但预计737 MAX航班可能会在几天内恢复。</blockquote></p><p>The electrical issue&nbsp;was unrelated to the grounding in 2019 of the 737 MAX following two fatal crashes in&nbsp;Indonesia and Ethiopia.</p><p><blockquote>电气问题与2019年737 MAX在印度尼西亚和埃塞俄比亚发生两起致命坠机事故后停飞无关。</blockquote></p><p></p><p>Boeing shares were down 0.31% to $220.10 in premarket trading.</p><p><blockquote>波音股价在盘前交易中下跌0.31%，至220.10美元。</blockquote></p><p><b>5.Thursday's Calendar: Disney, Alibaba and Coinbase Earnings; Jobless Claims</b></p><p><blockquote><b>5.周四日历：迪士尼、阿里巴巴-SW和Coinbase财报；申请失业救济人数</b></blockquote></p><p>Earnings reports are expected Thursday from Walt Disney DIS, Alibaba BABA, Airbnb ABNB, Coinbase COIN, Yeti Holdings YETI, Canada Goose GOOS, DoorDash DASH and Xpeng XPEV.</p><p><blockquote>华特迪士尼DIS、阿里巴巴-SW BABA、Airbnb ABNB、Coinbase COIN、Yeti Holdings YETI、Canada Goose GOOS、DoorDash DASH和小鹏XPEV预计将于周四发布收益报告。</blockquote></p><p>Puke or Profit? How to Ride Disney After Earnings</p><p><blockquote>呕吐还是盈利？盈利后如何驾驭迪士尼</blockquote></p><p>Bitcoin as Gold, Dogecoin as a Dog: Here Comes Coinbase Earnings</p><p><blockquote>比特币就像黄金，狗狗币就像狗：Coinbase收益来了</blockquote></p><p>The U.S.economic calendarThursday includes weekly&nbsp;Jobless Claims at 8:30 a.m. ET and the&nbsp;Producer Price Index (Final Demand) for April at 8:30 a.m.</p><p><blockquote>美国经济日历周四包括美国东部时间上午8:30的每周初请失业金人数和上午8:30的4月份生产者价格指数（最终需求）。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.thestreet.com/markets/5-things-you-must-know-before-the-market-opens-thursday-051321\">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":{"TSLA":"特斯拉","BA":"波音","09988":"阿里巴巴-W","BABA":"阿里巴巴"},"source_url":"https://www.thestreet.com/markets/5-things-you-must-know-before-the-market-opens-thursday-051321","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1123206612","content_text":"Stock futures fall after a jump in U.S. inflation; bitcoin sinks after Elon Musk says Tesla is no longer accepting payments in the digital currency; Colonial Pipeline restarts; Disney and Alibaba report earnings.Here are five things you must know for Thursday, May 13:1. Stock Futures Signal a Further Wall Street RetreatStock futures pointed to a drop for Wall Street on Thursday after a jump in U.S. consumer prices added to worries that higher inflation could hamper an economic recovery.Contracts linked to the Dow Jones Industrial Average fell 156 points, S&P 500 futures were down 10 points and Nasdaq futures declined 15 points.Stocks ended lower Wednesday for a third straight sessionafter consumer inflation in the U.S. rose in April by the most since 2009. The Dow tumbled nearly 2%, the S&P 500 dropped 2.14% and the Nasdaq slumped 2.67%.The Dow suffered its worst day since January.\"Inflation and interest rate jitters are hitting the market ... but for now the selloff has been orderly,\" said Cliff Hodge, chief investment officer for Cornerstone Wealth. \"Letting some air out of these sky-high valuations is a positive going forward. We’re heading to the seasonally slow time of the year, so sell in May is top of mind.\"Investors have grown increasingly worried that persistent inflation will force the Federal Reserve to pull back on stimulus and boost interest rates that are near zero.The Fed has insisted that any spike in inflation would be temporary. Federal Reserve Vice Chairman Richard Clarida said as much on Wednesday and added the central bank \"would not hesitate to act” if necessary to bring inflation down to its \"2% longer-run goal.\"2. Bitcoin Sinks After Musk Says Tesla Will No Longer Accept It for PurchasesBitcoin dropped sharply to below $50,000 after Tesla (TSLA) -Get Report CEO Elon Musk tweeted that his electric vehicle company wasno longer accepting payments in the digital currencybecause of environmental concerns.“Tesla has suspended vehicle purchases using Bitcoin. We are concerned about rapidly increasing use of fossil fuels for Bitcoin mining and transactions, especially coal, which has the worst emission of any fuel,” Musk said in a tweet late Wednesday.Musk added that Tesla won’t be selling any of the bitcoin it holds. He said the company was looking at other cryptocurrencies that use far less energy per transaction.Bitcoin gained additional credibility earlier this year whenTesla said it had bought $1.5 billion worth of the cryptocurrencyand announced it would begin accepting bitcoin for payments.The world's largest cryptocurrency pared earlier losses and was recently down 12.13% to $49,670, according to CoinDesk.Tesla fell 1.61% in premarket trading Thursday to $580.41. The stock declined 4.42% in Wednesday's broad market selloff.3. Oil Drops as Colonial Pipeline Restarts After HackOil prices in the U.S. fell more than 2% early Thursday after the biggest U.S. pipeline slowly started to return to service following a cyberattack at the end of last week.West Texas Intermediate crude oil fell 2.51% to $64.42 a barrel.Colonial Pipeline said it initiated a restart at around 5 p.m. ETbut cautioned \"it will take several days for the product delivery supply chain to return to normal.\"Some markets served by Colonial Pipeline may experience, or continue to experience, intermittent service interruptions during the start-up period. Colonial will move as much gasoline, diesel, and jet fuel as is safely possible and will continue to do so until markets return to normal,\" the company added in a statement.The Colonial network is the main source of gasoline, diesel and jet fuel for the East Coast.The pipeline's shutdown on May 7 led to gas shortages in the southeastern and mid-Atlantic regions of the U.S. and sent gas prices soaring to above $3 a barrel for the first time in roughly seven years.8 Oil Stocks Cramer Likes, 4 He Doesn't Amid Ongoing Pipeline Shutdown4. Boeing Gets FAA Approval for Electrical Fixes to 737 MAXBoeing (BA) -Get Report received approval from the Federal Aviation Administration for a fix to electrical issues that affected about 100 of the jetmaker's 737 MAX aircraft.The electrical problem grounded a portion of Boeing's 737 MAX fleet in early April.The company told Reuters that after \"gaining final approvals from the FAA, we have issued service bulletins for the affected fleet. We are also completing the work as we prepare to resume deliveries.\"Boeing didn't specify when the jets might return to service but expectations are that 737 MAX flights could resume within days.The electrical issue was unrelated to the grounding in 2019 of the 737 MAX following two fatal crashes in Indonesia and Ethiopia.Boeing shares were down 0.31% to $220.10 in premarket trading.5.Thursday's Calendar: Disney, Alibaba and Coinbase Earnings; Jobless ClaimsEarnings reports are expected Thursday from Walt Disney DIS, Alibaba BABA, Airbnb ABNB, Coinbase COIN, Yeti Holdings YETI, Canada Goose GOOS, DoorDash DASH and Xpeng XPEV.Puke or Profit? 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11:15","market":"us","language":"en","title":"Forget Dogecoin -- This Stock Is a Better Buy<blockquote>忘记狗狗币——这只股票更值得买入</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1117194592","media":"fool","summary":"It's probably a safe bet to say that many of the buyers of Dogecoin did so because they are hoping t","content":"<p>It's probably a safe bet to say that many of the buyers of&nbsp;<b>Dogecoin</b>&nbsp;did so because they are hoping the meme cryptocurrency will go \"to the moon.\" But it'shard to make a real investment casefor something that jumps -- or drops -- 26% in value in the course of a day's trading just becauseElon MuskorMark Cubanmentions it in a tweet.</p><p><blockquote>可以肯定地说，许多买家<b>狗狗币</b>这样做是因为他们希望迷因加密货币能够“登上月球”。但仅仅因为埃隆·马斯克马克·库班(Elon MuskorMark Cuban)在推文中提到，就很难为一天交易过程中价值上涨或下跌26%的东西做出真正的投资案例。</blockquote></p><p>Investors looking for a moonshot investment would be better served to take a flier on a company in a sector that promises to create a fundamental shift in an existing industry. Electric vehicle (EV) sales are expected to jump from 1.7 million in 2020 to 8.5 million just by 2025, and to 26 million 10 years from now, according to industry research provider<i>BloombergNEF</i>. And the firm expects EV sales to more than double again in the following 10 years.</p><p><blockquote>寻求登月投资的投资者最好选择一家有望给现有行业带来根本性转变的公司。据行业研究提供商称，电动汽车(EV)销量预计将从2020年的170万辆跃升至2025年的850万辆，10年后将增至2600万辆<i>彭博新能源财经</i>.该公司预计未来10年电动汽车销量将再次增长一倍以上。</blockquote></p><p>Charging station network leader&nbsp;<b>ChargePoint Holdings</b>(NYSE:CHPT)&nbsp;is established in the business, and investors in this company could ride the explosive EV growth trend.</p><p><blockquote>充电站网络领导者<b>ChargePoint控股</b>（纽约证券交易所股票代码：CHPT）已在该业务中成立，该公司的投资者可以驾驭电动汽车爆炸性增长趋势。</blockquote></p><p><b>De-SPAC results</b></p><p><blockquote><b>特殊目的收购公司并购业绩</b></blockquote></p><p>ChargePoint went public on March 1 through a special purpose acquisition company (SPAC) merger. But unlike somede-SPAC companiesin the EV space, the company has so far met its sales expectations and kept its future outlook unchanged. That's because it was already an established business before going public, with more than 4,000 commercial and fleet customers, and more than 132,000 charging locations on its network in North America and Europe.</p><p><blockquote>ChargePoint于3月1日通过特殊目的收购公司(SPAC)合并上市。但与电动汽车领域的一些特殊目的收购公司不同，该公司迄今为止已达到销售预期，并保持未来前景不变。这是因为它在上市之前就已经是一家成熟的企业，在北美和欧洲的网络上拥有4,000多个商业和车队客户，以及超过132,000个充电点。</blockquote></p><p>There is, and will be, plenty of competition in this space. But ChargePoint exists as one of the largest compared to other domestic and international players. Past and estimated future revenue of several in the sector are shown below.</p><p><blockquote>这个领域现在和将来都会有很多竞争。但与其他国内外参与者相比，ChargePoint是最大的参与者之一。该行业几家公司的过去和预计未来收入如下所示。</blockquote></p><p><table><tbody><tr><th>Company</th><th>2021 Revenue Estimate (million)</th><th>2020 Revenue (million)</th></tr><tr><td>ChargePoint</td><td>$200</td><td>$146</td></tr><tr><td>EVBox</td><td>$145</td><td>$84</td></tr><tr><td>Volta</td><td>$47</td><td>$25</td></tr><tr><td>EVgo</td><td>$20</td><td>$14</td></tr><tr><td>Blink Charging</td><td>NP*</td><td>$6.2</td></tr></tbody></table>DATA SOURCE: COMPANY FINANCIALS. *NOT PROVIDED</p><p><blockquote><table><tbody><tr><th>公司</th><th>2021年收入预测（百万）</th><th>2020年收入（百万）</th></tr><tr><td>充电点</td><td>$200</td><td>$146</td></tr><tr><td>EVBox</td><td>$145</td><td>$84</td></tr><tr><td>沃尔特</td><td>$47</td><td>$25</td></tr><tr><td>EVgo</td><td>$20</td><td>$14</td></tr><tr><td>闪烁充电</td><td>NP*</td><td>$6.2</td></tr></tbody></table>数据来源：公司财务。*未提供</blockquote></p><p><b>ChargePoint is the current favorite</b></p><p><blockquote><b>ChargePoint是当前的最爱</b></blockquote></p><p>ChargePoint already has a large lead in North America with a 70% share of Level 2 charging networks, which use 240-volt power. Its comprehensive network of offerings also includes more than 2,000 publicly available fast-charging stations. Its suite of products caters to the needs of EV fleet owners, parking operators, and consumers, as well as corporations and municipalities.</p><p><blockquote>ChargePoint在北美已经遥遥领先，在使用240伏电源的2级充电网络中占有70%的份额。其全面的产品网络还包括2,000多个公共快速充电站。其产品套件可满足电动汽车车主、停车运营商和消费者以及企业和市政当局的需求。</blockquote></p><p>And in a sign of how large the market can grow, President Joe Biden has proposed installing 500,000 new charging stations in the U.S. as part of an infrastructure initiative. He also intends to electrify bus fleets and government vehicle fleets. While ChargePoint supports the infrastructure package, and would almost certainly be a beneficiary of its passage, the company doesn't need that catalyst for its charging network to grow rapidly.</p><p><blockquote>作为基础设施计划的一部分，乔·拜登总统提议在美国安装50万个新充电站，这表明市场可以增长多大。他还打算让公交车队和政府车队电气化。虽然ChargePoint支持基础设施一揽子计划，并且几乎肯定会成为其通过的受益者，但该公司并不需要这种催化剂来使其充电网络快速增长。</blockquote></p><p><b>Investors should play the odds and think long-term</b></p><p><blockquote><b>投资者应把握机遇，着眼长远</b></blockquote></p><p>Betting on the EV sector is not a short-term strategy. But if the exponential global growth to more than 54 million vehicles by 2040 materializes, today's high valuations in the sector could eventually be more than justified. Just looking at the two with the highest and lowest 2020 revenue, respectively, theprice-to-sales ratiosare about 50 for ChargePoint, but 250 for&nbsp;<b>Blink Charging</b>(NASDAQ:BLNK).</p><p><blockquote>押注电动汽车行业不是短期策略。但如果到2040年全球汽车保有量实现超过5400万辆的指数增长，那么该行业目前的高估值最终可能是合理的。仅从2020年收入最高和最低的两家公司来看，ChargePoint的市销率约为50，但ChargePoint的市销率为250<b>闪烁充电</b>（纳斯达克：BLNK）。</blockquote></p><p>A bet on the charging network sector has no guarantee of success, of course. It's possible that automakers will try to have proprietary networks similar to&nbsp;<b>Tesla</b>'s(NASDAQ:TSLA)supercharger network model. But asautomakersramp up EV production, it would seem to make more sense for them to focus on what they know best, potentially including battery production.</p><p><blockquote>当然，押注充电网络领域并不能保证成功。汽车制造商可能会尝试拥有类似于<b>特斯拉</b>（纳斯达克：TSLA）的超级充电网络模型。但随着汽车制造商提高电动汽车产量，他们专注于自己最了解的领域（可能包括电池生产）似乎更有意义。</blockquote></p><p>For an investor wanting to speculate for big gains, charging companies have an established business in a quickly growing sector. Dogecoin keeps going up as Elon Musk or others excite retail trader interest. But if that's the only reason it's rising, it can't continue long term. A charging company like ChargePoint should have better odds at providing long-term gains.</p><p><blockquote>对于想要投机获取巨额收益的投资者来说，充电公司在快速增长的行业中拥有成熟的业务。随着埃隆·马斯克或其他人激发散户的兴趣，狗狗币持续上涨。但如果这是它上涨的唯一原因，它就不可能长期持续下去。像ChargePoint这样的充电公司应该更有可能提供长期收益。</blockquote></p><p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Forget Dogecoin -- This Stock Is a Better Buy<blockquote>忘记狗狗币——这只股票更值得买入</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\">\nForget Dogecoin -- This Stock Is a Better Buy<blockquote>忘记狗狗币——这只股票更值得买入</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">fool</strong><span class=\"h-time small\">2021-05-08 11:15</span>\n</p>\n</h4>\n</header>\n<article>\n<p>It's probably a safe bet to say that many of the buyers of&nbsp;<b>Dogecoin</b>&nbsp;did so because they are hoping the meme cryptocurrency will go \"to the moon.\" But it'shard to make a real investment casefor something that jumps -- or drops -- 26% in value in the course of a day's trading just becauseElon MuskorMark Cubanmentions it in a tweet.</p><p><blockquote>可以肯定地说，许多买家<b>狗狗币</b>这样做是因为他们希望迷因加密货币能够“登上月球”。但仅仅因为埃隆·马斯克马克·库班(Elon MuskorMark Cuban)在推文中提到，就很难为一天交易过程中价值上涨或下跌26%的东西做出真正的投资案例。</blockquote></p><p>Investors looking for a moonshot investment would be better served to take a flier on a company in a sector that promises to create a fundamental shift in an existing industry. Electric vehicle (EV) sales are expected to jump from 1.7 million in 2020 to 8.5 million just by 2025, and to 26 million 10 years from now, according to industry research provider<i>BloombergNEF</i>. And the firm expects EV sales to more than double again in the following 10 years.</p><p><blockquote>寻求登月投资的投资者最好选择一家有望给现有行业带来根本性转变的公司。据行业研究提供商称，电动汽车(EV)销量预计将从2020年的170万辆跃升至2025年的850万辆，10年后将增至2600万辆<i>彭博新能源财经</i>.该公司预计未来10年电动汽车销量将再次增长一倍以上。</blockquote></p><p>Charging station network leader&nbsp;<b>ChargePoint Holdings</b>(NYSE:CHPT)&nbsp;is established in the business, and investors in this company could ride the explosive EV growth trend.</p><p><blockquote>充电站网络领导者<b>ChargePoint控股</b>（纽约证券交易所股票代码：CHPT）已在该业务中成立，该公司的投资者可以驾驭电动汽车爆炸性增长趋势。</blockquote></p><p><b>De-SPAC results</b></p><p><blockquote><b>特殊目的收购公司并购业绩</b></blockquote></p><p>ChargePoint went public on March 1 through a special purpose acquisition company (SPAC) merger. But unlike somede-SPAC companiesin the EV space, the company has so far met its sales expectations and kept its future outlook unchanged. That's because it was already an established business before going public, with more than 4,000 commercial and fleet customers, and more than 132,000 charging locations on its network in North America and Europe.</p><p><blockquote>ChargePoint于3月1日通过特殊目的收购公司(SPAC)合并上市。但与电动汽车领域的一些特殊目的收购公司不同，该公司迄今为止已达到销售预期，并保持未来前景不变。这是因为它在上市之前就已经是一家成熟的企业，在北美和欧洲的网络上拥有4,000多个商业和车队客户，以及超过132,000个充电点。</blockquote></p><p>There is, and will be, plenty of competition in this space. But ChargePoint exists as one of the largest compared to other domestic and international players. Past and estimated future revenue of several in the sector are shown below.</p><p><blockquote>这个领域现在和将来都会有很多竞争。但与其他国内外参与者相比，ChargePoint是最大的参与者之一。该行业几家公司的过去和预计未来收入如下所示。</blockquote></p><p><table><tbody><tr><th>Company</th><th>2021 Revenue Estimate (million)</th><th>2020 Revenue (million)</th></tr><tr><td>ChargePoint</td><td>$200</td><td>$146</td></tr><tr><td>EVBox</td><td>$145</td><td>$84</td></tr><tr><td>Volta</td><td>$47</td><td>$25</td></tr><tr><td>EVgo</td><td>$20</td><td>$14</td></tr><tr><td>Blink Charging</td><td>NP*</td><td>$6.2</td></tr></tbody></table>DATA SOURCE: COMPANY FINANCIALS. *NOT PROVIDED</p><p><blockquote><table><tbody><tr><th>公司</th><th>2021年收入预测（百万）</th><th>2020年收入（百万）</th></tr><tr><td>充电点</td><td>$200</td><td>$146</td></tr><tr><td>EVBox</td><td>$145</td><td>$84</td></tr><tr><td>沃尔特</td><td>$47</td><td>$25</td></tr><tr><td>EVgo</td><td>$20</td><td>$14</td></tr><tr><td>闪烁充电</td><td>NP*</td><td>$6.2</td></tr></tbody></table>数据来源：公司财务。*未提供</blockquote></p><p><b>ChargePoint is the current favorite</b></p><p><blockquote><b>ChargePoint是当前的最爱</b></blockquote></p><p>ChargePoint already has a large lead in North America with a 70% share of Level 2 charging networks, which use 240-volt power. Its comprehensive network of offerings also includes more than 2,000 publicly available fast-charging stations. Its suite of products caters to the needs of EV fleet owners, parking operators, and consumers, as well as corporations and municipalities.</p><p><blockquote>ChargePoint在北美已经遥遥领先，在使用240伏电源的2级充电网络中占有70%的份额。其全面的产品网络还包括2,000多个公共快速充电站。其产品套件可满足电动汽车车主、停车运营商和消费者以及企业和市政当局的需求。</blockquote></p><p>And in a sign of how large the market can grow, President Joe Biden has proposed installing 500,000 new charging stations in the U.S. as part of an infrastructure initiative. He also intends to electrify bus fleets and government vehicle fleets. While ChargePoint supports the infrastructure package, and would almost certainly be a beneficiary of its passage, the company doesn't need that catalyst for its charging network to grow rapidly.</p><p><blockquote>作为基础设施计划的一部分，乔·拜登总统提议在美国安装50万个新充电站，这表明市场可以增长多大。他还打算让公交车队和政府车队电气化。虽然ChargePoint支持基础设施一揽子计划，并且几乎肯定会成为其通过的受益者，但该公司并不需要这种催化剂来使其充电网络快速增长。</blockquote></p><p><b>Investors should play the odds and think long-term</b></p><p><blockquote><b>投资者应把握机遇，着眼长远</b></blockquote></p><p>Betting on the EV sector is not a short-term strategy. But if the exponential global growth to more than 54 million vehicles by 2040 materializes, today's high valuations in the sector could eventually be more than justified. Just looking at the two with the highest and lowest 2020 revenue, respectively, theprice-to-sales ratiosare about 50 for ChargePoint, but 250 for&nbsp;<b>Blink Charging</b>(NASDAQ:BLNK).</p><p><blockquote>押注电动汽车行业不是短期策略。但如果到2040年全球汽车保有量实现超过5400万辆的指数增长，那么该行业目前的高估值最终可能是合理的。仅从2020年收入最高和最低的两家公司来看，ChargePoint的市销率约为50，但ChargePoint的市销率为250<b>闪烁充电</b>（纳斯达克：BLNK）。</blockquote></p><p>A bet on the charging network sector has no guarantee of success, of course. It's possible that automakers will try to have proprietary networks similar to&nbsp;<b>Tesla</b>'s(NASDAQ:TSLA)supercharger network model. But asautomakersramp up EV production, it would seem to make more sense for them to focus on what they know best, potentially including battery production.</p><p><blockquote>当然，押注充电网络领域并不能保证成功。汽车制造商可能会尝试拥有类似于<b>特斯拉</b>（纳斯达克：TSLA）的超级充电网络模型。但随着汽车制造商提高电动汽车产量，他们专注于自己最了解的领域（可能包括电池生产）似乎更有意义。</blockquote></p><p>For an investor wanting to speculate for big gains, charging companies have an established business in a quickly growing sector. Dogecoin keeps going up as Elon Musk or others excite retail trader interest. But if that's the only reason it's rising, it can't continue long term. A charging company like ChargePoint should have better odds at providing long-term gains.</p><p><blockquote>对于想要投机获取巨额收益的投资者来说，充电公司在快速增长的行业中拥有成熟的业务。随着埃隆·马斯克或其他人激发散户的兴趣，狗狗币持续上涨。但如果这是它上涨的唯一原因，它就不可能长期持续下去。像ChargePoint这样的充电公司应该更有可能提供长期收益。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.fool.com/investing/2021/05/07/forget-dogecoin-this-stock-is-a-better-buy/\">fool</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"CHPT":"ChargePoint Holdings Inc."},"source_url":"https://www.fool.com/investing/2021/05/07/forget-dogecoin-this-stock-is-a-better-buy/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1117194592","content_text":"It's probably a safe bet to say that many of the buyers of Dogecoin did so because they are hoping the meme cryptocurrency will go \"to the moon.\" But it'shard to make a real investment casefor something that jumps -- or drops -- 26% in value in the course of a day's trading just becauseElon MuskorMark Cubanmentions it in a tweet.Investors looking for a moonshot investment would be better served to take a flier on a company in a sector that promises to create a fundamental shift in an existing industry. Electric vehicle (EV) sales are expected to jump from 1.7 million in 2020 to 8.5 million just by 2025, and to 26 million 10 years from now, according to industry research providerBloombergNEF. And the firm expects EV sales to more than double again in the following 10 years.Charging station network leader ChargePoint Holdings(NYSE:CHPT) is established in the business, and investors in this company could ride the explosive EV growth trend.De-SPAC resultsChargePoint went public on March 1 through a special purpose acquisition company (SPAC) merger. But unlike somede-SPAC companiesin the EV space, the company has so far met its sales expectations and kept its future outlook unchanged. That's because it was already an established business before going public, with more than 4,000 commercial and fleet customers, and more than 132,000 charging locations on its network in North America and Europe.There is, and will be, plenty of competition in this space. But ChargePoint exists as one of the largest compared to other domestic and international players. Past and estimated future revenue of several in the sector are shown below.Company2021 Revenue Estimate (million)2020 Revenue (million)ChargePoint$200$146EVBox$145$84Volta$47$25EVgo$20$14Blink ChargingNP*$6.2DATA SOURCE: COMPANY FINANCIALS. *NOT PROVIDEDChargePoint is the current favoriteChargePoint already has a large lead in North America with a 70% share of Level 2 charging networks, which use 240-volt power. Its comprehensive network of offerings also includes more than 2,000 publicly available fast-charging stations. Its suite of products caters to the needs of EV fleet owners, parking operators, and consumers, as well as corporations and municipalities.And in a sign of how large the market can grow, President Joe Biden has proposed installing 500,000 new charging stations in the U.S. as part of an infrastructure initiative. He also intends to electrify bus fleets and government vehicle fleets. While ChargePoint supports the infrastructure package, and would almost certainly be a beneficiary of its passage, the company doesn't need that catalyst for its charging network to grow rapidly.Investors should play the odds and think long-termBetting on the EV sector is not a short-term strategy. But if the exponential global growth to more than 54 million vehicles by 2040 materializes, today's high valuations in the sector could eventually be more than justified. Just looking at the two with the highest and lowest 2020 revenue, respectively, theprice-to-sales ratiosare about 50 for ChargePoint, but 250 for Blink Charging(NASDAQ:BLNK).A bet on the charging network sector has no guarantee of success, of course. It's possible that automakers will try to have proprietary networks similar to Tesla's(NASDAQ:TSLA)supercharger network model. But asautomakersramp up EV production, it would seem to make more sense for them to focus on what they know best, potentially including battery production.For an investor wanting to speculate for big gains, charging companies have an established business in a quickly growing sector. Dogecoin keeps going up as Elon Musk or others excite retail trader interest. But if that's the only reason it's rising, it can't continue long term. A charging company like ChargePoint should have better odds at providing long-term gains.","news_type":1,"symbols_score_info":{"CHPT":0.9}},"isVote":1,"tweetType":1,"viewCount":326,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":102582405,"gmtCreate":1620224258107,"gmtModify":1634206853614,"author":{"id":"3549802203532457","authorId":"3549802203532457","name":"KasonT","avatar":"https://static.tigerbbs.com/27ab5f369fba0bf66b2ffb94ea148a0f","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3549802203532457","idStr":"3549802203532457"},"themes":[],"htmlText":"Hmm","listText":"Hmm","text":"Hmm","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/102582405","repostId":"2133523672","repostType":4,"isVote":1,"tweetType":1,"viewCount":506,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}