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Jackiekat

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2022-01-24

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Tesla, Intel, Apple, Microsoft, Visa, and Other Stocks to Watch This Week<blockquote>特斯拉、英特尔、苹果、微软、Visa 和本周值得关注的其他股票</blockquote>

2021-11-22

👍

@boonchong:$GENTING SINGAPORE LIMITED(G13.SI)$lost cause for the gaming industry. Genting is switching towards theme park and hotels for revenue generation

2021-11-06

Ok

抱歉，原内容已删除

2021-11-03

$Futu Holdings Limited(FUTU)$ The time to invest in good stock

2021-10-26

👍

The PC slowdown shouldn't hurt Microsoft earnings, and here's why<blockquote>个人电脑放缓应该不会损害微软的盈利，原因如下</blockquote>

2021-10-26

👍

AMD earnings look to again succeed where Intel disappointed<blockquote>AMD 盈利有望再次取得成功，英特尔令人失望</blockquote>

2021-10-24

$iShares Global Clean Energy ETF(ICLN)$ Up.!

2021-10-24

$Sea Ltd(SE)$ Growth stock!!

2021-10-21

$iShares Global Clean Energy ETF(ICLN)$ Continue up?

2021-10-21

$Fastly, Inc.(FSLY)$ The time to have?

2021-10-20

$iShares Global Clean Energy ETF(ICLN)$ Up?

2021-10-19

$UnitedHealth(UNH)$ Continue to grow?

2021-10-19

$iShares Global Clean Energy ETF(ICLN)$ Energy ETF in watchlist?

2021-10-18

$iShares Global Clean Energy ETF(ICLN)$ Keep up!

2021-10-18

$Bilibili Inc.(BILI)$ Good to go?

2021-10-17

$UnitedHealth(UNH)$ Time to hunting

2021-10-17

$iShares Global Clean Energy ETF(ICLN)$ Is it time to have?

2021-10-16

$UnitedHealth(UNH)$ Keep up!

2021-10-15

$UnitedHealth(UNH)$ Time to release?

2021-10-15

$Fastly, Inc.(FSLY)$ Time to have?

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Then Apple, Visa, Comcast, McDonald’s, and Mastercard all go on Thursday before Chevron and Caterpillar close the week on Friday.</p><p><blockquote>特斯拉、美国电话电报公司、英特尔和波音公司周三发布报告。然后，苹果、Visa、Comcast、麦当劳和万事达卡都将在周四上班，雪佛龙和卡特彼勒将在周五收盘。</blockquote></p><p><img src=\"https://static.tigerbbs.com/3d814c4db504737da550137d499ea1fe\" tg-width=\"1878\" tg-height=\"2016\" width=\"100%\" height=\"auto\"/></p><p><blockquote></blockquote></p><p>The highlight on the economic calendar will be Wednesday’s conclusion of the Federal Open Market Committee’s January meeting. The Federal Reserve’s monetary-policy making body publishes a decision that afternoon, followed by a press conference with chairman Jerome Powell. Both will be closely parsed for clues to the central bank’s next moves.</p><p><blockquote>经济日历上的重头戏将是周三结束的联邦公开市场委员会一月份会议。美联储的货币政策决策机构将于当天下午公布一项决定，随后将与主席杰罗姆-鲍威尔（Jerome Powell）举行新闻发布会。两者都将被仔细分析，以寻找央行下一步行动的线索。</blockquote></p><p>Data out this week include IHS Markit’s Manufacturing and Services Purchasing Managers’ indexes for January on Monday, the Census Bureau’s new residential home sales data on Wednesday, and the Bureau of Economic Analysis’ preliminary estimate for fourth-quarter 2021 gross domestic product on Thursday.</p><p><blockquote>本周公布的数据包括周一 IHS Markit 公布的 1 月份制造业和服务业采购经理人指数、周三人口普查局公布的新住宅销售数据以及周四经济分析局公布的 2021 年第四季度国内生产总值初步估算。</blockquote></p><p><b>Monday 1/24</b></p><p><blockquote><b>1/24星期一</b></blockquote></p><p>Brown &amp; Brown, Halliburton, IBM, Philips, and Zions Bancorp report quarterly results.</p><p><blockquote>Brown &amp; Brown、哈里伯顿、IBM、飞利浦和 Zions Bancorp 报告季度业绩。</blockquote></p><p><b>IHS Markit reports</b> its Manufacturing and Services Purchasing Managers’ indexes for January. Consensus estimate is for a 56 reading for the manufacturing PMI and a 54 for the Services PMI. Both figures are less than the December data. The PMIs are off their record peaks from the middle of last year but remain well above the expansionary level of 50.</p><p><blockquote><b>IHS Markit 报告</b>1月份制造业和服务业采购经理人指数。普遍估计制造业 PMI 为 56，服务业 PMI 为 54。这两个数字都低于12月份的数据。PMI 已脱离去年年中的历史最高水平，但仍远高于 50 的扩张水平。</blockquote></p><p><b>Tuesday 1/25</b></p><p><blockquote><b>星期二1/25</b></blockquote></p><p><b>The world’s two largest companies</b> release results this week as investors look to tech earnings to reverse the Nasdaq’s 9.5% drop this year. Microsoft reports after the close, followed by Apple on Thursday.</p><p><blockquote><b>世界上最大的两家公司</b>本周公布业绩，投资者期待科技股盈利扭转纳斯达克今年 9.5% 的跌幅。微软在收盘后进行报道，周四苹果紧随其后。</blockquote></p><p>3M, American Express, Archer-Daniels-Midland, Capital One Financial, General Electric, Invesco, Johnson &amp; Johnson, Lockheed Martin, NextEra Energy, Raytheon Technologies, Texas Instruments, and Verizon Communications release earnings.</p><p><blockquote>3M、美国运通、Archer-Daniels-Midland、第一资本金融公司、通用电气、景顺、强生公司、洛克希德·马丁公司、NextEra Energy、雷神技术公司、德州仪器公司和 Verizon Communications 发布收益。</blockquote></p><p><b>S&amp;P CoreLogic releases</b> its Case-Shiller National Home Price Index for November. Economists forecast a 18% year-over-year rise, marginally less than in October. If estimates prove correct, it would be the 12th consecutive month with double-digit gains for home prices.</p><p><blockquote><b>标准普尔 CoreLogic 发布</b>其 11 月份凯斯-席勒全国房价指数。经济学家预测同比增长 18%，略低于 10 月份。如果估计被证明是正确的，这将是房价连续第12个月出现两位数上涨。</blockquote></p><p><b>Wednesday 1/26</b></p><p><blockquote><b>星期三1/26</b></blockquote></p><p>Abbott Laboratories, Anthem, AT&amp;T, Automatic Data Processing, Boeing, Edwards Lifesciences, Freeport-McMoRan, General Dynamics, Intel, Kimberly-Clark, Nasdaq, Norfolk Southern, Seagate Technology Holdings, ServiceNow, and Tesla report quarterly results.</p><p><blockquote>Abbott Laboratories、Anthem、AT&amp;T、Automatic Data Processing、波音、Edwards Lifesciences、Freeport-McMoRan、通用动力、英特尔、金佰利、纳斯达克、Norfolk Southern、希捷科技控股公司、ServiceNow 和特斯拉报告季度业绩。</blockquote></p><p><b>The Federal Open Market</b> Committee announces its monetary-policy decision. The central bank is expected to keep the federal-funds rate unchanged near zero. The Fed has become increasingly hawkish in the past three months, and Wall Street has priced in one quarter-point rate hike at the FOMC’s March meeting and a total of four quarter-point hikes for the year.</p><p><blockquote><b>联邦公开市场</b>委员会宣布其货币政策决定。预计央行将维持联邦基金利率接近于零不变。在过去的三个月里，美联储变得越来越鹰派，华尔街已经消化了联邦公开市场委员会（FOMC）3 月份会议上加息一次四分之一个百分点，以及今年总共加息四次四分之一个百分点。</blockquote></p><p><b>The Census Bureau</b> reports new residential home sales data. Consensus estimate is for a seasonally adjusted annual rate of 762,500 new single-family homes sold in December, 2.5% more than in November.</p><p><blockquote><b>人口普查局</b>报告新住宅销售数据。普遍估计，12 月份经季节性调整后的新单户住宅年增长率为 762,500 套，比 11 月份增长 2.5%。</blockquote></p><p><b>Thursday 1/27</b></p><p><blockquote><b>星期四1/27</b></blockquote></p><p>Altria Group, Comcast, Crown Castle International, Danaher, Dow, International Paper, Mastercard, McDonald’s, Mondelez International,       MSCI, Northrop Grumman, Nucor, Southwest Airlines, and Visa hold conference calls to discuss earnings.</p><p><blockquote>奥驰亚集团、康卡斯特、皇冠城堡国际、丹纳赫、陶氏化学、国际纸业、万事达卡、麦当劳、亿滋国际、摩根士丹利资本国际、诺斯罗普-格鲁曼、纽柯、西南航空公司和维萨卡在评级召开会议讨论盈利。</blockquote></p><p><b>The Bureau of Economic</b>Analysis releases its preliminary estimate for fourth-quarter 2021 gross domestic product. Economists forecast a 5.6% rate of growth, after a 2.3% increase in the third quarter.</p><p><blockquote><b>经济局</b>Analysis发布了对2021年第四季度国内生产总值的初步估计。经济学家预测增长率为5.6%，第三季度增长2.3%。</blockquote></p><p><b>Friday 1/28</b></p><p><blockquote><b>星期五1/28</b></blockquote></p><p>Caterpillar, Charter Communications, Chevron, Colgate-Palmolive, Phillips 66, V.F.Corp., and Weyerhaeuser report quarterly results.</p><p><blockquote>卡特彼勒、Charter Communications、雪佛龙、高露洁棕榄、Phillips 66、V.F.Corp. 和惠好报告季度业绩。</blockquote></p><p></body></html></p><p><blockquote></blockquote></p><p></p>","source":"lsy1601382232898","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Tesla, Intel, Apple, Microsoft, Visa, and Other Stocks to Watch This Week<blockquote>特斯拉、英特尔、苹果、微软、Visa 和本周值得关注的其他股票</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTesla, Intel, Apple, Microsoft, Visa, and Other Stocks to Watch This Week<blockquote>特斯拉、英特尔、苹果、微软、Visa 和本周值得关注的其他股票</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Barrons</strong><span class=\"h-time small\">2022-01-24 06:39</span>\n</p>\n</h4>\n</header>\n<article>\n<p><html><head></head><body>It will be a packed week of fourth-quarter earnings releases, with more than 100 S&amp;P 500 companies scheduled to report. IBM and Halliburton are Monday’s highlights, followed by Microsoft, Verizon Communications, American Express, General Electric, Johnson &amp; Johnson, and Lockheed Martin on Tuesday.</p><p><blockquote><html><head></head><body>本周将发布第四季度财报，超过 100 家标普500公司计划发布财报。IBM 和哈里伯顿公司是周一的亮点，其次是微软、Verizon Communications、美国运通、通用电气、强生公司和洛克希德-马丁公司。</body></html></blockquote></p><p>Tesla, AT&amp;T, Intel, and Boeing report on Wednesday. Then Apple, Visa, Comcast, McDonald’s, and Mastercard all go on Thursday before Chevron and Caterpillar close the week on Friday.</p><p><blockquote>特斯拉、美国电话电报公司、英特尔和波音公司周三发布报告。然后，苹果、Visa、Comcast、麦当劳和万事达卡都将在周四上班，雪佛龙和卡特彼勒将在周五收盘。</blockquote></p><p><img src=\"https://static.tigerbbs.com/3d814c4db504737da550137d499ea1fe\" tg-width=\"1878\" tg-height=\"2016\" width=\"100%\" height=\"auto\"/></p><p><blockquote></blockquote></p><p>The highlight on the economic calendar will be Wednesday’s conclusion of the Federal Open Market Committee’s January meeting. The Federal Reserve’s monetary-policy making body publishes a decision that afternoon, followed by a press conference with chairman Jerome Powell. Both will be closely parsed for clues to the central bank’s next moves.</p><p><blockquote>经济日历上的重头戏将是周三结束的联邦公开市场委员会一月份会议。美联储的货币政策决策机构将于当天下午公布一项决定，随后将与主席杰罗姆-鲍威尔（Jerome Powell）举行新闻发布会。两者都将被仔细分析，以寻找央行下一步行动的线索。</blockquote></p><p>Data out this week include IHS Markit’s Manufacturing and Services Purchasing Managers’ indexes for January on Monday, the Census Bureau’s new residential home sales data on Wednesday, and the Bureau of Economic Analysis’ preliminary estimate for fourth-quarter 2021 gross domestic product on Thursday.</p><p><blockquote>本周公布的数据包括周一 IHS Markit 公布的 1 月份制造业和服务业采购经理人指数、周三人口普查局公布的新住宅销售数据以及周四经济分析局公布的 2021 年第四季度国内生产总值初步估算。</blockquote></p><p><b>Monday 1/24</b></p><p><blockquote><b>1/24星期一</b></blockquote></p><p>Brown &amp; Brown, Halliburton, IBM, Philips, and Zions Bancorp report quarterly results.</p><p><blockquote>Brown &amp; Brown、哈里伯顿、IBM、飞利浦和 Zions Bancorp 报告季度业绩。</blockquote></p><p><b>IHS Markit reports</b> its Manufacturing and Services Purchasing Managers’ indexes for January. Consensus estimate is for a 56 reading for the manufacturing PMI and a 54 for the Services PMI. Both figures are less than the December data. The PMIs are off their record peaks from the middle of last year but remain well above the expansionary level of 50.</p><p><blockquote><b>IHS Markit 报告</b>1月份制造业和服务业采购经理人指数。普遍估计制造业 PMI 为 56，服务业 PMI 为 54。这两个数字都低于12月份的数据。PMI 已脱离去年年中的历史最高水平，但仍远高于 50 的扩张水平。</blockquote></p><p><b>Tuesday 1/25</b></p><p><blockquote><b>星期二1/25</b></blockquote></p><p><b>The world’s two largest companies</b> release results this week as investors look to tech earnings to reverse the Nasdaq’s 9.5% drop this year. Microsoft reports after the close, followed by Apple on Thursday.</p><p><blockquote><b>世界上最大的两家公司</b>本周公布业绩，投资者期待科技股盈利扭转纳斯达克今年 9.5% 的跌幅。微软在收盘后进行报道，周四苹果紧随其后。</blockquote></p><p>3M, American Express, Archer-Daniels-Midland, Capital One Financial, General Electric, Invesco, Johnson &amp; Johnson, Lockheed Martin, NextEra Energy, Raytheon Technologies, Texas Instruments, and Verizon Communications release earnings.</p><p><blockquote>3M、美国运通、Archer-Daniels-Midland、第一资本金融公司、通用电气、景顺、强生公司、洛克希德·马丁公司、NextEra Energy、雷神技术公司、德州仪器公司和 Verizon Communications 发布收益。</blockquote></p><p><b>S&amp;P CoreLogic releases</b> its Case-Shiller National Home Price Index for November. Economists forecast a 18% year-over-year rise, marginally less than in October. If estimates prove correct, it would be the 12th consecutive month with double-digit gains for home prices.</p><p><blockquote><b>标准普尔 CoreLogic 发布</b>其 11 月份凯斯-席勒全国房价指数。经济学家预测同比增长 18%，略低于 10 月份。如果估计被证明是正确的，这将是房价连续第12个月出现两位数上涨。</blockquote></p><p><b>Wednesday 1/26</b></p><p><blockquote><b>星期三1/26</b></blockquote></p><p>Abbott Laboratories, Anthem, AT&amp;T, Automatic Data Processing, Boeing, Edwards Lifesciences, Freeport-McMoRan, General Dynamics, Intel, Kimberly-Clark, Nasdaq, Norfolk Southern, Seagate Technology Holdings, ServiceNow, and Tesla report quarterly results.</p><p><blockquote>Abbott Laboratories、Anthem、AT&amp;T、Automatic Data Processing、波音、Edwards Lifesciences、Freeport-McMoRan、通用动力、英特尔、金佰利、纳斯达克、Norfolk Southern、希捷科技控股公司、ServiceNow 和特斯拉报告季度业绩。</blockquote></p><p><b>The Federal Open Market</b> Committee announces its monetary-policy decision. The central bank is expected to keep the federal-funds rate unchanged near zero. The Fed has become increasingly hawkish in the past three months, and Wall Street has priced in one quarter-point rate hike at the FOMC’s March meeting and a total of four quarter-point hikes for the year.</p><p><blockquote><b>联邦公开市场</b>委员会宣布其货币政策决定。预计央行将维持联邦基金利率接近于零不变。在过去的三个月里，美联储变得越来越鹰派，华尔街已经消化了联邦公开市场委员会（FOMC）3 月份会议上加息一次四分之一个百分点，以及今年总共加息四次四分之一个百分点。</blockquote></p><p><b>The Census Bureau</b> reports new residential home sales data. Consensus estimate is for a seasonally adjusted annual rate of 762,500 new single-family homes sold in December, 2.5% more than in November.</p><p><blockquote><b>人口普查局</b>报告新住宅销售数据。普遍估计，12 月份经季节性调整后的新单户住宅年增长率为 762,500 套，比 11 月份增长 2.5%。</blockquote></p><p><b>Thursday 1/27</b></p><p><blockquote><b>星期四1/27</b></blockquote></p><p>Altria Group, Comcast, Crown Castle International, Danaher, Dow, International Paper, Mastercard, McDonald’s, Mondelez International,       MSCI, Northrop Grumman, Nucor, Southwest Airlines, and Visa hold conference calls to discuss earnings.</p><p><blockquote>奥驰亚集团、康卡斯特、皇冠城堡国际、丹纳赫、陶氏化学、国际纸业、万事达卡、麦当劳、亿滋国际、摩根士丹利资本国际、诺斯罗普-格鲁曼、纽柯、西南航空公司和维萨卡在评级召开会议讨论盈利。</blockquote></p><p><b>The Bureau of Economic</b>Analysis releases its preliminary estimate for fourth-quarter 2021 gross domestic product. Economists forecast a 5.6% rate of growth, after a 2.3% increase in the third quarter.</p><p><blockquote><b>经济局</b>Analysis发布了对2021年第四季度国内生产总值的初步估计。经济学家预测增长率为5.6%，第三季度增长2.3%。</blockquote></p><p><b>Friday 1/28</b></p><p><blockquote><b>星期五1/28</b></blockquote></p><p>Caterpillar, Charter Communications, Chevron, Colgate-Palmolive, Phillips 66, V.F.Corp., and Weyerhaeuser report quarterly results.</p><p><blockquote>卡特彼勒、Charter Communications、雪佛龙、高露洁棕榄、Phillips 66、V.F.Corp. 和惠好报告季度业绩。</blockquote></p><p></body></html></p><p><blockquote></blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.barrons.com/articles/stocks-to-watch-this-week-tesla-apple-microsoft-51642954621?mod=hp_LATEST\">Barrons</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GE":"GE航空航天","IBM":"IBM","V":"Visa","JNJ":"强生","TSLA":"特斯拉","CAT":"卡特彼勒","MSFT":"微软",".DJI":"道琼斯","NOW":"ServiceNow","PSX":"Phillips 66",".IXIC":"NASDAQ Composite","LMT":"洛克希德马丁","ADM":"Archer Daniels Midland Co","VZ":"Verizon Comms","INTC":"英特尔",".SPX":"S&P 500 Index","T":"At&T","MCD":"麦当劳","CVX":"雪佛龙","CMCSA":"康卡斯特","MA":"万事达","BA":"波音","AXP":"美国运通","AAPL":"苹果","MMM":"3M","HAL":"哈里伯顿"},"source_url":"https://www.barrons.com/articles/stocks-to-watch-this-week-tesla-apple-microsoft-51642954621?mod=hp_LATEST","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1106250133","content_text":"It will be a packed week of fourth-quarter earnings releases, with more than 100 S&P 500 companies scheduled to report. IBM and Halliburton are Monday’s highlights, followed by Microsoft, Verizon Communications, American Express, General Electric, Johnson & Johnson, and Lockheed Martin on Tuesday.Tesla, AT&T, Intel, and Boeing report on Wednesday. Then Apple, Visa, Comcast, McDonald’s, and Mastercard all go on Thursday before Chevron and Caterpillar close the week on Friday.The highlight on the economic calendar will be Wednesday’s conclusion of the Federal Open Market Committee’s January meeting. The Federal Reserve’s monetary-policy making body publishes a decision that afternoon, followed by a press conference with chairman Jerome Powell. Both will be closely parsed for clues to the central bank’s next moves.Data out this week include IHS Markit’s Manufacturing and Services Purchasing Managers’ indexes for January on Monday, the Census Bureau’s new residential home sales data on Wednesday, and the Bureau of Economic Analysis’ preliminary estimate for fourth-quarter 2021 gross domestic product on Thursday.Monday 1/24Brown & Brown, Halliburton, IBM, Philips, and Zions Bancorp report quarterly results.IHS Markit reports its Manufacturing and Services Purchasing Managers’ indexes for January. Consensus estimate is for a 56 reading for the manufacturing PMI and a 54 for the Services PMI. Both figures are less than the December data. The PMIs are off their record peaks from the middle of last year but remain well above the expansionary level of 50.Tuesday 1/25The world’s two largest companies release results this week as investors look to tech earnings to reverse the Nasdaq’s 9.5% drop this year. Microsoft reports after the close, followed by Apple on Thursday.3M, American Express, Archer-Daniels-Midland, Capital One Financial, General Electric, Invesco, Johnson & Johnson, Lockheed Martin, NextEra Energy, Raytheon Technologies, Texas Instruments, and Verizon Communications release earnings.S&P CoreLogic releases its Case-Shiller National Home Price Index for November. Economists forecast a 18% year-over-year rise, marginally less than in October. If estimates prove correct, it would be the 12th consecutive month with double-digit gains for home prices.Wednesday 1/26Abbott Laboratories, Anthem, AT&T, Automatic Data Processing, Boeing, Edwards Lifesciences, Freeport-McMoRan, General Dynamics, Intel, Kimberly-Clark, Nasdaq, Norfolk Southern, Seagate Technology Holdings, ServiceNow, and Tesla report quarterly results.The Federal Open Market Committee announces its monetary-policy decision. The central bank is expected to keep the federal-funds rate unchanged near zero. The Fed has become increasingly hawkish in the past three months, and Wall Street has priced in one quarter-point rate hike at the FOMC’s March meeting and a total of four quarter-point hikes for the year.The Census Bureau reports new residential home sales data. Consensus estimate is for a seasonally adjusted annual rate of 762,500 new single-family homes sold in December, 2.5% more than in November.Thursday 1/27Altria Group, Comcast, Crown Castle International, Danaher, Dow, International Paper, Mastercard, McDonald’s, Mondelez International,       MSCI, Northrop Grumman, Nucor, Southwest Airlines, and Visa hold conference calls to discuss earnings.The Bureau of EconomicAnalysis releases its preliminary estimate for fourth-quarter 2021 gross domestic product. Economists forecast a 5.6% rate of growth, after a 2.3% increase in the third quarter.Friday 1/28Caterpillar, Charter Communications, Chevron, Colgate-Palmolive, Phillips 66, V.F.Corp., and Weyerhaeuser report quarterly results.","news_type":1,"symbols_score_info":{"MSFT":0.9,"TSLA":0.9,"MCD":0.9,"IBM":0.9,"AAPL":0.9,"MA":0.9,"BA":0.9,"INTC":0.9,"VZ":0.9,"CVX":0.9,".SPX":0.9,"CMCSA":0.9,"LMT":0.9,"ADM":0.9,"GE":0.9,"AXP":0.9,"NOW":0.9,"CAT":0.9,".IXIC":0.9,".DJI":0.9,"V":0.9,"T":0.9,"PSX":0.9,"HAL":0.9,"MMM":0.9,"JNJ":0.9}},"isVote":1,"tweetType":1,"viewCount":2283,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":872791310,"gmtCreate":1637571615092,"gmtModify":1637571615183,"author":{"id":"3558406829565752","authorId":"3558406829565752","name":"Jackiekat","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3558406829565752","authorIdStr":"3558406829565752"},"themes":[],"title":"","htmlText":"👍","listText":"👍","text":"👍","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/872791310","repostId":"878477051","repostType":1,"repost":{"id":878477051,"gmtCreate":1637227317882,"gmtModify":1637376170410,"author":{"id":"3580625969745490","authorId":"3580625969745490","name":"boonchong","avatar":"https://static.tigerbbs.com/49aa77ad0af13cd80f20edbad1234522","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3580625969745490","authorIdStr":"3580625969745490"},"themes":[],"title":"","htmlText":"<a href=\"https://laohu8.com/S/G13.SI\">$GENTING SINGAPORE LIMITED(G13.SI)$</a>lost cause for the gaming industry.&nbsp; &nbsp;Genting is switching towards theme park and hotels for revenue generation","listText":"<a href=\"https://laohu8.com/S/G13.SI\">$GENTING SINGAPORE LIMITED(G13.SI)$</a>lost cause for the gaming industry.&nbsp; &nbsp;Genting is switching towards theme park and hotels for revenue generation","text":"$GENTING SINGAPORE LIMITED(G13.SI)$lost cause for the gaming industry. Genting is switching towards theme park and hotels for revenue generation","images":[],"top":1,"highlighted":2,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/878477051","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":2275,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":842283502,"gmtCreate":1636181573964,"gmtModify":1636181575210,"author":{"id":"3558406829565752","authorId":"3558406829565752","name":"Jackiekat","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3558406829565752","authorIdStr":"3558406829565752"},"themes":[],"title":"","htmlText":"Ok&nbsp;","listText":"Ok&nbsp;","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/842283502","repostId":"2181428587","repostType":4,"isVote":1,"tweetType":1,"viewCount":2547,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":841717163,"gmtCreate":1635942811355,"gmtModify":1635942811465,"author":{"id":"3558406829565752","authorId":"3558406829565752","name":"Jackiekat","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3558406829565752","authorIdStr":"3558406829565752"},"themes":[],"title":"","htmlText":"<a href=\"https://laohu8.com/S/FUTU\">$Futu Holdings Limited(FUTU)$</a>&nbsp;The time to invest in good stock&nbsp;","listText":"<a href=\"https://laohu8.com/S/FUTU\">$Futu Holdings Limited(FUTU)$</a>&nbsp;The time to invest in good stock&nbsp;","text":"$Futu Holdings Limited(FUTU)$ The time to invest in good stock","images":[{"img":"https://static.tigerbbs.com/d57e1d397ae19e80e9606a2e946e4f0c","width":"1080","height":"3660"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/841717163","isVote":1,"tweetType":1,"viewCount":4105,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"CN","totalScore":0},{"id":852054312,"gmtCreate":1635226996659,"gmtModify":1635226996787,"author":{"id":"3558406829565752","authorId":"3558406829565752","name":"Jackiekat","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3558406829565752","authorIdStr":"3558406829565752"},"themes":[],"title":"","htmlText":"👍","listText":"👍","text":"👍","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/852054312","repostId":"2177489964","repostType":4,"repost":{"id":"2177489964","kind":"highlight","pubTimestamp":1635042148,"share":"https://www.laohunote.com/m/news/2177489964?lang=zh_CN&edition=full","pubTime":"2021-10-24 10:22","market":"us","language":"en","title":"The PC slowdown shouldn't hurt Microsoft earnings, and here's why<blockquote>个人电脑放缓应该不会损害微软的盈利，原因如下</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=2177489964","media":"MarketWatch","summary":"Growth from Azure and other cloud products should mask over any disappointment from supply-chain iss","content":"<p>Growth from Azure and other cloud products should mask over any disappointment from supply-chain issues affecting PC sales</p><p><blockquote>Azure 和其他云产品的增长应该会掩盖影响 PC 销售的供应链问题带来的任何失望</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/958e56d50bc03c5ef2195a2a879bec71\" tg-width=\"700\" tg-height=\"467\" width=\"100%\" height=\"auto\"><span>Microsoft Corp. is scheduled to release fiscal first-quarter earnings after the bell on Tuesday.</span></p><p><blockquote><p class=\"t-img-caption\"><span>微软定于周二盘后发布第一财季收益。</span></p></blockquote></p><p> The slowdown in personal computer sales due to supply-chain issues in recent months would have hurt Microsoft Corp. in past years, but the company's pivot to cloud computing and cloud software should insulate it from any earnings fallout.</p><p><blockquote>近几个月来，由于供应链问题导致个人电脑销售放缓，这可能会对微软公司造成损害，但该公司转向云计算和云软件应该会使其免受任何盈利影响。</blockquote></p><p> Microsoft&nbsp;is scheduled to report its fiscal first-quarter earnings on Tuesday afternoon, as it rolls out its new Windows 11 operating system and PC makers struggle to deliver new machines. While the Microsoft of Bill Gates and Steve Ballmer would have faced a lot of Wall Street pessimism if PC shipments were mangled and a new operating system was not quickly adopted, Satya Nadella's Microsoft should be just fine.</p><p><blockquote>微软定于周二下午公布第一财季收益，因为该公司将推出新的 Windows 11 操作系统，而个人电脑制造商正在努力交付新机器。如果个人电脑出货量中断，新的操作系统没有迅速采用，比尔盖茨和史蒂夫鲍尔默的微软将会面临华尔街的很多悲观情绪，但萨蒂亚纳德拉的微软应该没问题。</blockquote></p><p> That is because analysts and investors are mostly focused on Azure, Microsoft's cloud-computing answer to Amazon.com Inc.'s&nbsp;Amazon Web Services, as well as cloud-software offerings, decreasing the importance of Microsoft's PC business.</p><p><blockquote>这是因为分析师和投资者大多关注 Azure（微软对亚马逊公司 Amazon Web Services 的云计算解决方案）以及云软件产品，从而降低了微软 PC 业务的重要性。</blockquote></p><p> \"Sustained digital transformation momentum should offset the impact from mixed PC unit shipment estimates from IDC and Gartner,\" <a href=\"https://laohu8.com/S/MSTLW\">Morgan Stanley</a> analysts wrote in a preview of the report, later adding, \"While our negative growth outlook for Windows OEM pressures our longer term earnings expectation for Microsoft, we also note Windows OEM overall represents a decreasing mix of overall Microsoft revenue and gross profit.\"</p><p><blockquote>“持续的数字化转型势头应该会抵消 IDC 和 Gartner 混合 PC 单位出货量估计的影响，”<a href=\"https://laohu8.com/S/MSTLW\">摩根士丹利</a>分析师在报告预览中写道，后来补充道：“虽然我们对 Windows OEM 的负增长前景给我们对微软的长期盈利预期带来了压力，但我们也注意到 Windows OEM 整体微软收入和毛利润的组合正在下降。”</blockquote></p><p> Azure has made sure that Windows' importance to Microsoft has decreased. The fast-growing cloud business is at the top of every analyst note about Microsoft, and analysts expect revenue to grow in the mid-40% range. (Microsoft does not disclose Azure performance except for percentage gain, despite AWS and Google&nbsp;(GOOGL) Cloud providing full revenue and operating profits for their competitive services).</p><p><blockquote>Azure 确保 Windows 对微软的重要性有所下降。快速增长的云业务是所有关于微软的分析师笔记的首要内容，分析师预计收入将增长 40% 左右。（尽管 AWS 和谷歌（GOOGL）云为其竞争服务提供了全部收入和运营利润，但微软除了百分比收益外，没有披露 Azure 的表现）。</blockquote></p><p> \"Fundamentally, ramping contribution from previously signed long-term Azure deals, continued Cloud migrations post-COVID, Microsoft's intensifying focus on Cloud verticalization and strong Microsoft 365 seat growth can sustain durable longer-term Azure growth,\" the Morgan Stanley analysts wrote.</p><p><blockquote>摩根士丹利分析师写道：“从根本上说，之前签署的长期 Azure 交易、新冠疫情后持续的云迁移、微软对云垂直化的日益关注以及微软 365 席位的强劲增长可以维持 Azure 的持久长期增长。”</blockquote></p><p> There are factors that could add to Microsoft's growth as well, especially in the forecast. The $19.7 billion acquisition of health-care-focused company Nuance is expected to close before the end of the calendar year, and Microsoft recently disclosed that its cloud-based revenue would dump into the same revenue bucket as Azure.</p><p><blockquote>也有一些因素可能会促进微软的增长，尤其是在预测方面。以 197 亿美元收购专注于医疗保健的公司 Nuance 的交易预计将在今年年底前完成，微软最近透露，其基于云的收入将与 Azure 归入同一收入桶。</blockquote></p><p> While Microsoft did not disclose exactly how much that would mean, UBS analysts said in September that prior Nuance disclosures and a call they had with the company's investor relations team led them to estimate that about 46% of Nuance's revenue would be cloud-based. They estimated that would mean roughly $91 million in additional sales for Microsoft's cloud division in the fiscal second quarter, if the full quarter were to be included.</p><p><blockquote>虽然微软没有透露这到底意味着什么，但瑞银分析师在9月份表示，Nuance之前的披露以及他们与该公司投资者关系团队的看涨期权使他们估计Nuance约46%的收入将基于云。他们估计，如果包括整个季度，这将意味着微软云部门在第二财季的额外销售额约为 9100 万美元。</blockquote></p><p> Another bump could be coming in the future from increased prices for Microsoft's most popular cloud software offering, Office 365. Microsoft is increasing prices more than 10% across the board for the product, which the company described as \"the first substantive pricing update since we launched Office 365 a decade ago,\" which also gives analysts confidence that Microsoft can withstand any supply-chain pressures on the PC market.</p><p><blockquote>微软最受欢迎的云软件产品Office 365的价格上涨可能会在未来带来另一个上涨。微软将该产品的价格全面提高了10%以上，该公司将其描述为“自十年前推出Office 365以来的首次实质性定价更新”，这也让分析师相信微软能够承受PC市场的任何供应链压力。</blockquote></p><p> <b>What to expect</b></p><p><blockquote><b>期待什么</b></blockquote></p><p> <b>Earnings:</b> Analysts on average expect Microsoft to report earnings of $2.08 a share, up from $1.82 a share a year ago. Contributors to Estimize -- a crowdsourcing platform that gathers estimates from Wall Street analysts as well as buy-side analysts, fund managers, company executives, academics and others -- predict earnings of $2.22 a share.</p><p><blockquote><b>收益：</b>分析师平均预计微软每股收益为 2.08 美元，高于一年前的每股 1.82 美元。Estimize 是一个众包平台，收集华尔街分析师以及买方分析师、基金经理、公司高管、学者和其他人的估计，其贡献者预测每股收益为 2.22 美元。</blockquote></p><p> <b>Revenue:</b> Analysts on average were modeling sales of $43.93 billion, which would be an improvement from $37.15 billion a year ago, after Microsoft forecast revenue of $43.3 billion to $44.2 billion. Estimize contributors expect $44.88 billion in sales.</p><p><blockquote><b>收入：</b>分析师平均预测销售额为 439.3 亿美元，比一年前的 371.5 亿美元有所改善，此前微软预测收入为 433 亿美元至 442 亿美元。Estimize 贡献者预计销售额为 448.8 亿美元。</blockquote></p><p> Analyst expect $16.52 billion in sales from the \"Intelligent Cloud\" segment, after Microsoft guided for $16.4 billion to $16.65 billion; $14.67 billion in sales from the cloud-software-focused \"Productivity and Business Solutions\" segment, after a forecast of $14.5 billion to $14.75 billion; and $12.72 billion from \"More Personal Computing,\" after guidance for sales of $12.4 billion to $12.8 billion.</p><p><blockquote>分析师预计“智能云”部门的销售额为 165.2 亿美元，此前微软的预期为 164 亿美元至 166.5 亿美元；专注于云软件的“生产力和业务解决方案”部门的销售额为 146.7 亿美元，此前预测为 145 亿至 147.5 亿美元；在指导销售额为 124 亿美元至 128 亿美元之后，“更多个人计算”的收入为 127.2 亿美元。</blockquote></p><p></p><p> <b>Stock movement: </b>Microsoft shares have declined in the session following earnings releases in four of the past five quarters, though the last decline was only by 0.1%. The stock has increased 8.1% in the past three months and 45.2% in the past year, as the S&amp;P 500 index has grown by 4.1% and 31.6% in those periods, respectively.</p><p><blockquote><b>股票变动：</b>在过去五个季度中的四个季度公布财报后，微软股价在盘中下跌，尽管上次下跌仅 0.1%。该股在过去三个月上涨了 8.1%，在过去一年上涨了 45.2%，而标普500指数在此期间分别上涨了 4.1% 和 31.6%。</blockquote></p><p> <b>What analysts are saying</b></p><p><blockquote><b>分析师怎么说</b></blockquote></p><p> Analysts are in pretty universal agreement about Microsoft's current position. According to FactSet tracking, 33 out of 36 analysts rate the stock the equivalent of a buy, while the other three rate it as a hold.</p><p><blockquote>分析师们对微软目前的立场基本达成一致。根据 FactSet 跟踪，36 名分析师中有 33 名将该股评级为相当于买入，而另外三名分析师将其评级为持有。</blockquote></p><p> \"Currently trading at 27x our CY23 GAAP EPS estimates, Microsoft represents a rare combination of strong secular positioning and reasonable valuation within the software space,\" wrote the Morgan Stanley analysts, who rate the shares overweight with a price target of $331.</p><p><blockquote>摩根士丹利分析师写道：“微软目前的交易价格是我们 2023 财年 GAAP 每股收益预期的 27 倍，代表了软件领域强大的长期定位和合理估值的罕见结合。”他们将该股跑赢大盘评级为 331 美元。</blockquote></p><p> The once concern seems to be the durability of the current growth trajectory, which is why the Nuance acquisition and increased pricing of Office 365 is seen as key to the stock continuing to rise.</p><p><blockquote>曾经令人担忧的似乎是当前增长轨迹的持久性，这就是为什么 Nuance 收购和 Office 365 定价上涨被视为该股持续上涨的关键。</blockquote></p><p> \"Comps get progressively tougher throughout FY22, which should be met by Microsoft's durable growth portfolio of Azure/Security/Teams,\" wrote Jeffries analysts, who have an outperform rating and recently raised their price target to $375 from $345. \"Key items to watch are elevated expectations (Azure high 40s reported), integration with Nuance and increased security investments.\"</p><p><blockquote>杰弗里斯分析师写道：“整个 2022 财年，竞争将变得越来越艰难，微软 Azure/Security/Teams 的可持续增长产品组合应该会满足这一要求。”他们的评级为跑赢大盘，最近将目标价从 345 美元上调至 375 美元。“需要关注的关键项目是提高期望（据报道 Azure 高达 40 年代）、与 Nuance 的集成以及增加安全投资。”</blockquote></p><p> Microsoft has benefitted from the pandemic, as companies have relied on cloud-computing power and software to keep teams connected while working remotely. But Microsoft bull and Wedbush analyst Daniel Ives does not see a return to the office as a sign that the boom will end.</p><p><blockquote>微软从疫情中受益，因为公司依靠云计算能力和软件在远程工作时保持团队联系。但微软·布尔和韦德布什分析师 Daniel Ives 并不认为重返办公室是繁荣即将结束的迹象。</blockquote></p><p> \"We believe the Street's view of moderating cloud growth on the other side of this WFH cycle is contrary to the deal activity Microsoft is seeing in the field,\" Ives, with an outperform rating and $375 price target, wrote in a preview of the report. \"While we have seen the momentum of this backdrop in the last few years, we believe deal flow looks incrementally strong (Office 365/Azure combo deals in particular) heading into FY22 as we estimate that Microsoft is still only 35% through penetrating its unparalleled installed base on the cloud transition.\"</p><p><blockquote>艾夫斯在报告的预览中写道：“我们认为，华尔街关于在这个居家办公周期的另一边放缓云增长的观点与微软在该领域看到的交易活动相反。”他的评级为跑赢大盘，目标价为 375 美元。“虽然我们在过去几年中看到了这一背景的势头，但我们相信，进入 2022 财年，交易流看起来会逐渐强劲（特别是 Office 365/Azure 组合交易），因为我们估计微软仍只有 35% 通过渗透其无与伦比的安装基础云过渡。”</blockquote></p><p> Stifel analysts, with a buy rating and $325 price target, concurred.</p><p><blockquote>Stifel 分析师给予买入评级，目标价为 325 美元，对此表示同意。</blockquote></p><p> \"We continue to believe that the pandemic is forcing organizations to accelerate the pace of their cloud migrations and that Microsoft remains a key beneficiary of this modernization spend, especially around large new deal momentum, as its broad stack enables it to capture Tier 1 workloads previously out of reach,\" they wrote.</p><p><blockquote>“我们仍然相信，大流行正在迫使组织加快云迁移的步伐，而微软仍然是这种现代化支出的主要受益者，特别是在大型新交易势头方面，因为其广泛的堆栈使其能够捕获以前遥不可及的一级工作负载，”他们写道。</blockquote></p><p> The average price target on Microsoft stock as of Friday afternoon was $335.47, roughly 8.5% higher than the going rate.</p><p><blockquote>截至周五下午，微软股票的平均目标价为 335.47 美元，比现行价格高出约 8.5%。</blockquote></p><p></p>","source":"lsy1603348471595","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; 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color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nThe PC slowdown shouldn't hurt Microsoft earnings, and here's why<blockquote>个人电脑放缓应该不会损害微软的盈利，原因如下</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">MarketWatch</strong><span class=\"h-time small\">2021-10-24 10:22</span>\n</p>\n</h4>\n</header>\n<article>\n<p>Growth from Azure and other cloud products should mask over any disappointment from supply-chain issues affecting PC sales</p><p><blockquote>Azure 和其他云产品的增长应该会掩盖影响 PC 销售的供应链问题带来的任何失望</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/958e56d50bc03c5ef2195a2a879bec71\" tg-width=\"700\" tg-height=\"467\" width=\"100%\" height=\"auto\"><span>Microsoft Corp. is scheduled to release fiscal first-quarter earnings after the bell on Tuesday.</span></p><p><blockquote><p class=\"t-img-caption\"><span>微软定于周二盘后发布第一财季收益。</span></p></blockquote></p><p> The slowdown in personal computer sales due to supply-chain issues in recent months would have hurt Microsoft Corp. in past years, but the company's pivot to cloud computing and cloud software should insulate it from any earnings fallout.</p><p><blockquote>近几个月来，由于供应链问题导致个人电脑销售放缓，这可能会对微软公司造成损害，但该公司转向云计算和云软件应该会使其免受任何盈利影响。</blockquote></p><p> Microsoft&nbsp;is scheduled to report its fiscal first-quarter earnings on Tuesday afternoon, as it rolls out its new Windows 11 operating system and PC makers struggle to deliver new machines. While the Microsoft of Bill Gates and Steve Ballmer would have faced a lot of Wall Street pessimism if PC shipments were mangled and a new operating system was not quickly adopted, Satya Nadella's Microsoft should be just fine.</p><p><blockquote>微软定于周二下午公布第一财季收益，因为该公司将推出新的 Windows 11 操作系统，而个人电脑制造商正在努力交付新机器。如果个人电脑出货量中断，新的操作系统没有迅速采用，比尔盖茨和史蒂夫鲍尔默的微软将会面临华尔街的很多悲观情绪，但萨蒂亚纳德拉的微软应该没问题。</blockquote></p><p> That is because analysts and investors are mostly focused on Azure, Microsoft's cloud-computing answer to Amazon.com Inc.'s&nbsp;Amazon Web Services, as well as cloud-software offerings, decreasing the importance of Microsoft's PC business.</p><p><blockquote>这是因为分析师和投资者大多关注 Azure（微软对亚马逊公司 Amazon Web Services 的云计算解决方案）以及云软件产品，从而降低了微软 PC 业务的重要性。</blockquote></p><p> \"Sustained digital transformation momentum should offset the impact from mixed PC unit shipment estimates from IDC and Gartner,\" <a href=\"https://laohu8.com/S/MSTLW\">Morgan Stanley</a> analysts wrote in a preview of the report, later adding, \"While our negative growth outlook for Windows OEM pressures our longer term earnings expectation for Microsoft, we also note Windows OEM overall represents a decreasing mix of overall Microsoft revenue and gross profit.\"</p><p><blockquote>“持续的数字化转型势头应该会抵消 IDC 和 Gartner 混合 PC 单位出货量估计的影响，”<a href=\"https://laohu8.com/S/MSTLW\">摩根士丹利</a>分析师在报告预览中写道，后来补充道：“虽然我们对 Windows OEM 的负增长前景给我们对微软的长期盈利预期带来了压力，但我们也注意到 Windows OEM 整体微软收入和毛利润的组合正在下降。”</blockquote></p><p> Azure has made sure that Windows' importance to Microsoft has decreased. The fast-growing cloud business is at the top of every analyst note about Microsoft, and analysts expect revenue to grow in the mid-40% range. (Microsoft does not disclose Azure performance except for percentage gain, despite AWS and Google&nbsp;(GOOGL) Cloud providing full revenue and operating profits for their competitive services).</p><p><blockquote>Azure 确保 Windows 对微软的重要性有所下降。快速增长的云业务是所有关于微软的分析师笔记的首要内容，分析师预计收入将增长 40% 左右。（尽管 AWS 和谷歌（GOOGL）云为其竞争服务提供了全部收入和运营利润，但微软除了百分比收益外，没有披露 Azure 的表现）。</blockquote></p><p> \"Fundamentally, ramping contribution from previously signed long-term Azure deals, continued Cloud migrations post-COVID, Microsoft's intensifying focus on Cloud verticalization and strong Microsoft 365 seat growth can sustain durable longer-term Azure growth,\" the Morgan Stanley analysts wrote.</p><p><blockquote>摩根士丹利分析师写道：“从根本上说，之前签署的长期 Azure 交易、新冠疫情后持续的云迁移、微软对云垂直化的日益关注以及微软 365 席位的强劲增长可以维持 Azure 的持久长期增长。”</blockquote></p><p> There are factors that could add to Microsoft's growth as well, especially in the forecast. The $19.7 billion acquisition of health-care-focused company Nuance is expected to close before the end of the calendar year, and Microsoft recently disclosed that its cloud-based revenue would dump into the same revenue bucket as Azure.</p><p><blockquote>也有一些因素可能会促进微软的增长，尤其是在预测方面。以 197 亿美元收购专注于医疗保健的公司 Nuance 的交易预计将在今年年底前完成，微软最近透露，其基于云的收入将与 Azure 归入同一收入桶。</blockquote></p><p> While Microsoft did not disclose exactly how much that would mean, UBS analysts said in September that prior Nuance disclosures and a call they had with the company's investor relations team led them to estimate that about 46% of Nuance's revenue would be cloud-based. They estimated that would mean roughly $91 million in additional sales for Microsoft's cloud division in the fiscal second quarter, if the full quarter were to be included.</p><p><blockquote>虽然微软没有透露这到底意味着什么，但瑞银分析师在9月份表示，Nuance之前的披露以及他们与该公司投资者关系团队的看涨期权使他们估计Nuance约46%的收入将基于云。他们估计，如果包括整个季度，这将意味着微软云部门在第二财季的额外销售额约为 9100 万美元。</blockquote></p><p> Another bump could be coming in the future from increased prices for Microsoft's most popular cloud software offering, Office 365. Microsoft is increasing prices more than 10% across the board for the product, which the company described as \"the first substantive pricing update since we launched Office 365 a decade ago,\" which also gives analysts confidence that Microsoft can withstand any supply-chain pressures on the PC market.</p><p><blockquote>微软最受欢迎的云软件产品Office 365的价格上涨可能会在未来带来另一个上涨。微软将该产品的价格全面提高了10%以上，该公司将其描述为“自十年前推出Office 365以来的首次实质性定价更新”，这也让分析师相信微软能够承受PC市场的任何供应链压力。</blockquote></p><p> <b>What to expect</b></p><p><blockquote><b>期待什么</b></blockquote></p><p> <b>Earnings:</b> Analysts on average expect Microsoft to report earnings of $2.08 a share, up from $1.82 a share a year ago. Contributors to Estimize -- a crowdsourcing platform that gathers estimates from Wall Street analysts as well as buy-side analysts, fund managers, company executives, academics and others -- predict earnings of $2.22 a share.</p><p><blockquote><b>收益：</b>分析师平均预计微软每股收益为 2.08 美元，高于一年前的每股 1.82 美元。Estimize 是一个众包平台，收集华尔街分析师以及买方分析师、基金经理、公司高管、学者和其他人的估计，其贡献者预测每股收益为 2.22 美元。</blockquote></p><p> <b>Revenue:</b> Analysts on average were modeling sales of $43.93 billion, which would be an improvement from $37.15 billion a year ago, after Microsoft forecast revenue of $43.3 billion to $44.2 billion. Estimize contributors expect $44.88 billion in sales.</p><p><blockquote><b>收入：</b>分析师平均预测销售额为 439.3 亿美元，比一年前的 371.5 亿美元有所改善，此前微软预测收入为 433 亿美元至 442 亿美元。Estimize 贡献者预计销售额为 448.8 亿美元。</blockquote></p><p> Analyst expect $16.52 billion in sales from the \"Intelligent Cloud\" segment, after Microsoft guided for $16.4 billion to $16.65 billion; $14.67 billion in sales from the cloud-software-focused \"Productivity and Business Solutions\" segment, after a forecast of $14.5 billion to $14.75 billion; and $12.72 billion from \"More Personal Computing,\" after guidance for sales of $12.4 billion to $12.8 billion.</p><p><blockquote>分析师预计“智能云”部门的销售额为 165.2 亿美元，此前微软的预期为 164 亿美元至 166.5 亿美元；专注于云软件的“生产力和业务解决方案”部门的销售额为 146.7 亿美元，此前预测为 145 亿至 147.5 亿美元；在指导销售额为 124 亿美元至 128 亿美元之后，“更多个人计算”的收入为 127.2 亿美元。</blockquote></p><p></p><p> <b>Stock movement: </b>Microsoft shares have declined in the session following earnings releases in four of the past five quarters, though the last decline was only by 0.1%. The stock has increased 8.1% in the past three months and 45.2% in the past year, as the S&amp;P 500 index has grown by 4.1% and 31.6% in those periods, respectively.</p><p><blockquote><b>股票变动：</b>在过去五个季度中的四个季度公布财报后，微软股价在盘中下跌，尽管上次下跌仅 0.1%。该股在过去三个月上涨了 8.1%，在过去一年上涨了 45.2%，而标普500指数在此期间分别上涨了 4.1% 和 31.6%。</blockquote></p><p> <b>What analysts are saying</b></p><p><blockquote><b>分析师怎么说</b></blockquote></p><p> Analysts are in pretty universal agreement about Microsoft's current position. According to FactSet tracking, 33 out of 36 analysts rate the stock the equivalent of a buy, while the other three rate it as a hold.</p><p><blockquote>分析师们对微软目前的立场基本达成一致。根据 FactSet 跟踪，36 名分析师中有 33 名将该股评级为相当于买入，而另外三名分析师将其评级为持有。</blockquote></p><p> \"Currently trading at 27x our CY23 GAAP EPS estimates, Microsoft represents a rare combination of strong secular positioning and reasonable valuation within the software space,\" wrote the Morgan Stanley analysts, who rate the shares overweight with a price target of $331.</p><p><blockquote>摩根士丹利分析师写道：“微软目前的交易价格是我们 2023 财年 GAAP 每股收益预期的 27 倍，代表了软件领域强大的长期定位和合理估值的罕见结合。”他们将该股跑赢大盘评级为 331 美元。</blockquote></p><p> The once concern seems to be the durability of the current growth trajectory, which is why the Nuance acquisition and increased pricing of Office 365 is seen as key to the stock continuing to rise.</p><p><blockquote>曾经令人担忧的似乎是当前增长轨迹的持久性，这就是为什么 Nuance 收购和 Office 365 定价上涨被视为该股持续上涨的关键。</blockquote></p><p> \"Comps get progressively tougher throughout FY22, which should be met by Microsoft's durable growth portfolio of Azure/Security/Teams,\" wrote Jeffries analysts, who have an outperform rating and recently raised their price target to $375 from $345. \"Key items to watch are elevated expectations (Azure high 40s reported), integration with Nuance and increased security investments.\"</p><p><blockquote>杰弗里斯分析师写道：“整个 2022 财年，竞争将变得越来越艰难，微软 Azure/Security/Teams 的可持续增长产品组合应该会满足这一要求。”他们的评级为跑赢大盘，最近将目标价从 345 美元上调至 375 美元。“需要关注的关键项目是提高期望（据报道 Azure 高达 40 年代）、与 Nuance 的集成以及增加安全投资。”</blockquote></p><p> Microsoft has benefitted from the pandemic, as companies have relied on cloud-computing power and software to keep teams connected while working remotely. But Microsoft bull and Wedbush analyst Daniel Ives does not see a return to the office as a sign that the boom will end.</p><p><blockquote>微软从疫情中受益，因为公司依靠云计算能力和软件在远程工作时保持团队联系。但微软·布尔和韦德布什分析师 Daniel Ives 并不认为重返办公室是繁荣即将结束的迹象。</blockquote></p><p> \"We believe the Street's view of moderating cloud growth on the other side of this WFH cycle is contrary to the deal activity Microsoft is seeing in the field,\" Ives, with an outperform rating and $375 price target, wrote in a preview of the report. \"While we have seen the momentum of this backdrop in the last few years, we believe deal flow looks incrementally strong (Office 365/Azure combo deals in particular) heading into FY22 as we estimate that Microsoft is still only 35% through penetrating its unparalleled installed base on the cloud transition.\"</p><p><blockquote>艾夫斯在报告的预览中写道：“我们认为，华尔街关于在这个居家办公周期的另一边放缓云增长的观点与微软在该领域看到的交易活动相反。”他的评级为跑赢大盘，目标价为 375 美元。“虽然我们在过去几年中看到了这一背景的势头，但我们相信，进入 2022 财年，交易流看起来会逐渐强劲（特别是 Office 365/Azure 组合交易），因为我们估计微软仍只有 35% 通过渗透其无与伦比的安装基础云过渡。”</blockquote></p><p> Stifel analysts, with a buy rating and $325 price target, concurred.</p><p><blockquote>Stifel 分析师给予买入评级，目标价为 325 美元，对此表示同意。</blockquote></p><p> \"We continue to believe that the pandemic is forcing organizations to accelerate the pace of their cloud migrations and that Microsoft remains a key beneficiary of this modernization spend, especially around large new deal momentum, as its broad stack enables it to capture Tier 1 workloads previously out of reach,\" they wrote.</p><p><blockquote>“我们仍然相信，大流行正在迫使组织加快云迁移的步伐，而微软仍然是这种现代化支出的主要受益者，特别是在大型新交易势头方面，因为其广泛的堆栈使其能够捕获以前遥不可及的一级工作负载，”他们写道。</blockquote></p><p> The average price target on Microsoft stock as of Friday afternoon was $335.47, roughly 8.5% higher than the going rate.</p><p><blockquote>截至周五下午，微软股票的平均目标价为 335.47 美元，比现行价格高出约 8.5%。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.marketwatch.com/story/the-pc-slowdown-shouldnt-hurt-microsoft-earnings-and-heres-why-11635003215?mod=home-page\">MarketWatch</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"MSFT":"微软"},"source_url":"https://www.marketwatch.com/story/the-pc-slowdown-shouldnt-hurt-microsoft-earnings-and-heres-why-11635003215?mod=home-page","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2177489964","content_text":"Growth from Azure and other cloud products should mask over any disappointment from supply-chain issues affecting PC sales\nMicrosoft Corp. is scheduled to release fiscal first-quarter earnings after the bell on Tuesday.\nThe slowdown in personal computer sales due to supply-chain issues in recent months would have hurt Microsoft Corp. in past years, but the company's pivot to cloud computing and cloud software should insulate it from any earnings fallout.\nMicrosoft is scheduled to report its fiscal first-quarter earnings on Tuesday afternoon, as it rolls out its new Windows 11 operating system and PC makers struggle to deliver new machines. While the Microsoft of Bill Gates and Steve Ballmer would have faced a lot of Wall Street pessimism if PC shipments were mangled and a new operating system was not quickly adopted, Satya Nadella's Microsoft should be just fine.\nThat is because analysts and investors are mostly focused on Azure, Microsoft's cloud-computing answer to Amazon.com Inc.'s Amazon Web Services, as well as cloud-software offerings, decreasing the importance of Microsoft's PC business.\n\"Sustained digital transformation momentum should offset the impact from mixed PC unit shipment estimates from IDC and Gartner,\" Morgan Stanley analysts wrote in a preview of the report, later adding, \"While our negative growth outlook for Windows OEM pressures our longer term earnings expectation for Microsoft, we also note Windows OEM overall represents a decreasing mix of overall Microsoft revenue and gross profit.\"\nAzure has made sure that Windows' importance to Microsoft has decreased. The fast-growing cloud business is at the top of every analyst note about Microsoft, and analysts expect revenue to grow in the mid-40% range. (Microsoft does not disclose Azure performance except for percentage gain, despite AWS and Google (GOOGL) Cloud providing full revenue and operating profits for their competitive services).\n\"Fundamentally, ramping contribution from previously signed long-term Azure deals, continued Cloud migrations post-COVID, Microsoft's intensifying focus on Cloud verticalization and strong Microsoft 365 seat growth can sustain durable longer-term Azure growth,\" the Morgan Stanley analysts wrote.\nThere are factors that could add to Microsoft's growth as well, especially in the forecast. The $19.7 billion acquisition of health-care-focused company Nuance is expected to close before the end of the calendar year, and Microsoft recently disclosed that its cloud-based revenue would dump into the same revenue bucket as Azure.\nWhile Microsoft did not disclose exactly how much that would mean, UBS analysts said in September that prior Nuance disclosures and a call they had with the company's investor relations team led them to estimate that about 46% of Nuance's revenue would be cloud-based. They estimated that would mean roughly $91 million in additional sales for Microsoft's cloud division in the fiscal second quarter, if the full quarter were to be included.\nAnother bump could be coming in the future from increased prices for Microsoft's most popular cloud software offering, Office 365. Microsoft is increasing prices more than 10% across the board for the product, which the company described as \"the first substantive pricing update since we launched Office 365 a decade ago,\" which also gives analysts confidence that Microsoft can withstand any supply-chain pressures on the PC market.\nWhat to expect\nEarnings: Analysts on average expect Microsoft to report earnings of $2.08 a share, up from $1.82 a share a year ago. Contributors to Estimize -- a crowdsourcing platform that gathers estimates from Wall Street analysts as well as buy-side analysts, fund managers, company executives, academics and others -- predict earnings of $2.22 a share.\nRevenue: Analysts on average were modeling sales of $43.93 billion, which would be an improvement from $37.15 billion a year ago, after Microsoft forecast revenue of $43.3 billion to $44.2 billion. Estimize contributors expect $44.88 billion in sales.\nAnalyst expect $16.52 billion in sales from the \"Intelligent Cloud\" segment, after Microsoft guided for $16.4 billion to $16.65 billion; $14.67 billion in sales from the cloud-software-focused \"Productivity and Business Solutions\" segment, after a forecast of $14.5 billion to $14.75 billion; and $12.72 billion from \"More Personal Computing,\" after guidance for sales of $12.4 billion to $12.8 billion.\nStock movement: Microsoft shares have declined in the session following earnings releases in four of the past five quarters, though the last decline was only by 0.1%. The stock has increased 8.1% in the past three months and 45.2% in the past year, as the S&P 500 index has grown by 4.1% and 31.6% in those periods, respectively.\nWhat analysts are saying\nAnalysts are in pretty universal agreement about Microsoft's current position. According to FactSet tracking, 33 out of 36 analysts rate the stock the equivalent of a buy, while the other three rate it as a hold.\n\"Currently trading at 27x our CY23 GAAP EPS estimates, Microsoft represents a rare combination of strong secular positioning and reasonable valuation within the software space,\" wrote the Morgan Stanley analysts, who rate the shares overweight with a price target of $331.\nThe once concern seems to be the durability of the current growth trajectory, which is why the Nuance acquisition and increased pricing of Office 365 is seen as key to the stock continuing to rise.\n\"Comps get progressively tougher throughout FY22, which should be met by Microsoft's durable growth portfolio of Azure/Security/Teams,\" wrote Jeffries analysts, who have an outperform rating and recently raised their price target to $375 from $345. \"Key items to watch are elevated expectations (Azure high 40s reported), integration with Nuance and increased security investments.\"\nMicrosoft has benefitted from the pandemic, as companies have relied on cloud-computing power and software to keep teams connected while working remotely. But Microsoft bull and Wedbush analyst Daniel Ives does not see a return to the office as a sign that the boom will end.\n\"We believe the Street's view of moderating cloud growth on the other side of this WFH cycle is contrary to the deal activity Microsoft is seeing in the field,\" Ives, with an outperform rating and $375 price target, wrote in a preview of the report. \"While we have seen the momentum of this backdrop in the last few years, we believe deal flow looks incrementally strong (Office 365/Azure combo deals in particular) heading into FY22 as we estimate that Microsoft is still only 35% through penetrating its unparalleled installed base on the cloud transition.\"\nStifel analysts, with a buy rating and $325 price target, concurred.\n\"We continue to believe that the pandemic is forcing organizations to accelerate the pace of their cloud migrations and that Microsoft remains a key beneficiary of this modernization spend, especially around large new deal momentum, as its broad stack enables it to capture Tier 1 workloads previously out of reach,\" they wrote.\nThe average price target on Microsoft stock as of Friday afternoon was $335.47, roughly 8.5% higher than the going rate.","news_type":1,"symbols_score_info":{"MSFT":0.9}},"isVote":1,"tweetType":1,"viewCount":2152,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":852055696,"gmtCreate":1635226944216,"gmtModify":1635226944349,"author":{"id":"3558406829565752","authorId":"3558406829565752","name":"Jackiekat","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3558406829565752","authorIdStr":"3558406829565752"},"themes":[],"title":"","htmlText":"👍","listText":"👍","text":"👍","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/852055696","repostId":"2177412181","repostType":4,"repost":{"id":"2177412181","kind":"highlight","pubTimestamp":1635219132,"share":"https://www.laohunote.com/m/news/2177412181?lang=zh_CN&edition=full","pubTime":"2021-10-26 11:32","market":"us","language":"en","title":"AMD earnings look to again succeed where Intel disappointed<blockquote>AMD 盈利有望再次取得成功，英特尔令人失望</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=2177412181","media":"MarketWatch","summary":"AMD earnings preview: After showing data-center gains as Intel declined two quarters in a row, analy","content":"<p>AMD earnings preview: After showing data-center gains as Intel declined two quarters in a row, analysts now point to AMD's growing margins as Intel's are projected to shrink</p><p><blockquote>AMD 盈利预览：在英特尔连续两个季度下滑的情况下显示数据中心增长后，分析师现在指出 AMD 的利润率正在增长，因为英特尔的利润率预计将萎缩</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/30ec3c9220844c561016f0de86f86f52\" tg-width=\"699\" tg-height=\"394\" referrerpolicy=\"no-referrer\"><span>Advanced Micro Devices Inc.’s growing series of Epyc server chips has been the talk of Wall Street in recent quarters, but that may switch to gross margins in this quarter’s earnings report.</span></p><p><blockquote><p class=\"t-img-caption\"><span>Advanced Micro Devices Inc. 最近几个季度，华尔街一直在谈论不断增长的 Epyc 服务器芯片系列，但这可能会转向本季度财报中的毛利率。</span></p></blockquote></p><p> Advanced Micro Devices Inc. is set to follow yet another rough earnings report from Intel Corp., and once again could show gains in an area that caused pain for its larger rival.</p><p><blockquote>Advanced Micro Devices Inc. 将继英特尔公司 (Intel Corp.) 发布另一份糟糕的收益报告之后，该公司可能会再次在一个给其更大的竞争对手带来痛苦的领域取得进展。</blockquote></p><p> AMD&nbsp;is scheduled to report third-quarter earnings on Tuesday after the close of markets, after Intel&nbsp;reported an earnings beat Thursday that hardly mattered as revenue came in light. More important to analysts was Intel's forecast for declining margins over the next few years as its chief executive doubles down on new manufacturing capacity to try to retake its former glory as the undisputed chip leader.</p><p><blockquote>AMD 定于周二收盘后公布第三季度收益，此前英特尔周四公布的收益超出预期，但随着收入的浮出水面，这几乎无关紧要。对分析师来说，更重要的是英特尔预测未来几年利润率将下降，因为其首席执行官加倍投资新的产能，试图重夺其作为无可争议的芯片领导者的昔日荣耀。</blockquote></p><p> That led to downgrades on Friday and Intel's worst one-day performance since the chip leader said it was going to delay its next generation of chips, an announcement that had fired up even more investor support for AMD back then.</p><p><blockquote>这导致了周五的评级下调，以及自这家芯片领导者表示将推迟下一代芯片以来英特尔最糟糕的单日表现，这一声明当时激发了投资者对 AMD 的更多支持。</blockquote></p><p> Bernstein analyst Stacy Rasgon, who has a market perform rating on AMD and a $110 price target, said AMD will continue to benefit from Intel's transition, and called attention to an AMD metric that was one of enormous concern during Intel's call: Gross margins.</p><p><blockquote>Bernstein 分析师 Stacy Rasgon 对 AMD 给予市场表现评级，目标价为 110 美元，他表示 AMD 将继续受益于英特尔的转型，并呼吁人们关注英特尔看涨期权期间备受关注的 AMD 指标之一：毛利率。</blockquote></p><p> \"We believe Street gross margin estimates appear unaggressive going forward (which is not something we have typically said for AMD), and the company is now (for the first time ever) starting to return cash,\" Rasgon said.</p><p><blockquote>拉斯贡表示：“我们认为，未来华尔街毛利率估计似乎并不激进（这不是我们通常对 AMD 所说的话），而且该公司现在（有史以来第一次）开始返还现金。”</blockquote></p><p> That underscores another show of how Intel and AMD are transitioning with respect to one another: Analysts on the Intel call were very concerned that Intel's margins were falling despite company assurances they would stay just above 50% for the next few years. Meanwhile, AMD gross margins have been rising, and are likely to break above 50%, if not in this earnings report, then sometime soon. Three months ago, AMD reported gross margins of 48%, up from 44% in the previous year.</p><p><blockquote>这再次表明英特尔和 AMD 正在相互转型：英特尔看涨期权上的分析师非常担心英特尔的利润率正在下降，尽管该公司保证未来几年利润率将保持在 50% 以上。与此同时，AMD 的毛利率一直在上升，并且可能会突破 50% 以上，如果不是在这份收益报告中，那么很快就会突破 50%。三个月前，AMD 公布的毛利率为 48%，高于上一年的 44%。</blockquote></p><p> While AMD is referred to as Intel's \"smaller rival,\" that gap has been steadily closing for a while now. At Friday's close, AMD had a market cap of $145.34 billion, or nearly 73% of Intel's $200.66 billion. Just this past summer, AMD's $111.5 billion valuation was a little more than half Intel's $219.5 billion cap.</p><p><blockquote>虽然AMD被称为英特尔的“较小的竞争对手”，但这一差距已经稳步缩小了一段时间。截至周五收盘，AMD 的市值为 1453.4 亿美元，接近英特尔 2006.6 亿美元市值的 73%。就在去年夏天，AMD 的估值为 1115 亿美元，略高于英特尔 2195 亿美元上限的一半。</blockquote></p><p> One other are to look at will be data-center sales, as finally swung to a gain in that important segment in the quarter. Over the past two quarters, Intel has posted significant year-over-year declines in the increasingly important category, while AMD has more than doubled its sales. That raises the question whether Intel clawed back some market share, or whether data-center sales were just generally better all around, which AMD's report could answer.</p><p><blockquote>另一个值得关注的领域是数据中心销售，该领域终于在本季度实现了这一重要领域的增长。在过去的两个季度里，英特尔在这个日益重要的类别中的销售额同比大幅下降，而 AMD 的销售额则增长了一倍多。这就提出了一个问题：英特尔是否夺回了一些市场份额，或者数据中心的销售是否只是普遍更好，AMD 的报告可以回答这个问题。</blockquote></p><p> <b>What to expect</b></p><p><blockquote><b>期待什么</b></blockquote></p><p> <b>Earnings: </b>Of the 34 analysts surveyed by FactSet, AMD on average is expected to post adjusted earnings of 66 cents a share, up from 41 cents a share reported in the year-ago period. Estimize, a software platform that crowdsources estimates from hedge-fund executives, brokerages, buy-side analysts and others, calls for earnings of 72 cents a share.</p><p><blockquote><b>收益：</b>在 FactSet 调查的 34 名分析师中，AMD 预计调整后每股收益平均为 66 美分，高于去年同期的每股 41 美分。Estimize 是一个软件平台，它从对冲基金高管、经纪公司、买方分析师和其他人那里众包评级估算，每股收益为 72 美分。</blockquote></p><p> <b>Revenue:</b> Of the 32 analysts polled by FactSet, AMD, on average, is expected to post revenue of $4.11 billion, up from the $2.8 billion reported in the year-ago quarter. AMD had forecast $4 billion to $4.2 billion. Estimize expects revenue of $4.22 billion.</p><p><blockquote><b>收入：</b>在 FactSet 调查的 32 名分析师中，AMD 预计平均营收为 41.1 亿美元，高于去年同期报告的 28 亿美元。AMD 曾预测 40 亿至 42 亿美元。Estimize 预计收入为 42.2 亿美元。</blockquote></p><p> <b>Stock movement:</b> While AMD earnings and sales have both topped Wall Street estimates over the past five quarterly reports, but shares only gained the next day twice, about three months ago and when the stock popped nearly 13% five quarters ago.</p><p><blockquote><b>股票变动：</b>尽管 AMD 在过去五个季度报告中的盈利和销售额均超出了华尔街的预期，但其股价仅在第二天上涨了两次，一次是在大约三个月前，另一次是在五个季度前，当时该股飙升了近 13%。</blockquote></p><p> AMD shares rose 9.6% in the third quarter. In contrast, the PHLX Semiconductor Index declined 2.6%, the S&amp;P 500 index rose 0.2%, and the tech-heavy Nasdaq Composite Index declined 0.4%. On Friday, the day after Intel's report, AMD shares closed at a record high of $119.82.</p><p><blockquote>AMD 股价第三季度上涨 9.6%。相比之下，PHLX半导体指数下跌2.6%，标普500指数上涨0.2%，以科技股为主的纳斯达克综合指数下跌0.4%。周五，即英特尔发布报告的第二天，AMD 股价收于 119.82 美元的历史新高。</blockquote></p><p> <b>What analysts are saying</b></p><p><blockquote><b>分析师怎么说</b></blockquote></p><p> Cowen analyst Matthew Ramsay, who has an outperform rating and a $120 price target on AMD, said he's \"lookin' for more of the same.\"</p><p><blockquote>Cowen 分析师马修·拉姆齐 (Matthew Ramsay) 对 AMD 给予跑赢大盘评级，目标价为 120 美元，他表示“正在寻找更多类似的评级”。</blockquote></p><p> \"We continue to monitor the PC market for signs of demand slowing or supply improving,\" Ramsay said. \"Near-term, we see resilient demand outside Chromebooks, but prefer a prudent/agnostic view on 2022 like AMD took on its last call.\"</p><p><blockquote>拉姆齐表示：“我们将继续监测个人电脑市场是否有需求放缓或供应改善的迹象。”“短期内，我们看到 Chromebook 以外的需求有弹性，但更倾向于对 2022 年持谨慎/不可知论的态度，就像 AMD 进行最后一次看涨期权一样。”</blockquote></p><p> Earlier in the month, research firms released data showing that pandemic-fueled growth in PC shipments had slowed considerably as the world not only wrestles with a chip shortage but overall supply-chain issues.</p><p><blockquote>本月早些时候，研究公司发布的数据显示，由于全球不仅面临芯片短缺，而且面临整体供应链问题，疫情推动的个人电脑出货量增长已大幅放缓。</blockquote></p><p></p><p> On data-center sales, Ramsay is even more optimistic estimating that segment will account for more than 25% of sales compared with less than 20% a year ago.</p><p><blockquote>在数据中心销售方面，Ramsay 更加乐观，估计该部门将占销售额的 25% 以上，而一年前这一比例还不到 20%。</blockquote></p><p> \"We believe datacenter passing a quarter of AMD's business could draw investor attention,\" Ramsay said. \"We remind investors that the most important business for AMD remains datacenter, which we estimate doubled in 2020, with CEO Lisa Su noting she sees the business momentum accelerating in 2021.\"</p><p><blockquote>“我们相信数据中心超过 AMD 四分之一的业务可能会吸引投资者的注意力，”拉姆齐说。“我们提醒投资者，AMD 最重要的业务仍然是数据中心，我们预计该业务在 2020 年将翻一番，首席执行官 Lisa Su 指出，她预计 2021 年业务势头将加速。”</blockquote></p><p> Susquehanna Financial analyst Christopher Rolland, who has a positive rating and a $130 price target on AMD, said he expects another solid quarter driven by enterprise and server sales, but that \"given the slowing PC market, we do not expect mgmt to raise their FY top-line guidance as they have done in numerous updates over the last year.\"</p><p><blockquote>萨斯奎哈纳金融分析师克里斯托弗·罗兰 (Christopher Rolland) 对 AMD 给予正面评级，目标价为 130 美元，他表示，在企业和服务器销售的推动下，他预计本季度将再次表现强劲，但“鉴于 PC 市场放缓，我们预计管理层不会提高他们的财年营收指引，就像他们在去年的多次更新中所做的那样。”</blockquote></p><p> Still, Rolland expects AMD to report share gains from Intel in both desktop and laptop PCs as well as enterprise and gaming PCs.</p><p><blockquote>尽管如此，罗兰预计 AMD 在台式机和笔记本电脑以及企业和游戏电脑方面的份额将超过英特尔。</blockquote></p><p> Of the 39 analysts who cover AMD, 23 have buy or overweight ratings, and 16 have hold ratings, with an average price target of $117.55.</p><p><blockquote>在研究 AMD 的 39 位分析师中，23 位给予买入或跑赢大盘评级，16 位给予持有评级，平均目标价为 117.55 美元。</blockquote></p><p></p>","source":"lsy1603348471595","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; 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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\">\nAMD earnings look to again succeed where Intel disappointed<blockquote>AMD 盈利有望再次取得成功，英特尔令人失望</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">MarketWatch</strong><span class=\"h-time small\">2021-10-26 11:32</span>\n</p>\n</h4>\n</header>\n<article>\n<p>AMD earnings preview: After showing data-center gains as Intel declined two quarters in a row, analysts now point to AMD's growing margins as Intel's are projected to shrink</p><p><blockquote>AMD 盈利预览：在英特尔连续两个季度下滑的情况下显示数据中心增长后，分析师现在指出 AMD 的利润率正在增长，因为英特尔的利润率预计将萎缩</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/30ec3c9220844c561016f0de86f86f52\" tg-width=\"699\" tg-height=\"394\" referrerpolicy=\"no-referrer\"><span>Advanced Micro Devices Inc.’s growing series of Epyc server chips has been the talk of Wall Street in recent quarters, but that may switch to gross margins in this quarter’s earnings report.</span></p><p><blockquote><p class=\"t-img-caption\"><span>Advanced Micro Devices Inc. 最近几个季度，华尔街一直在谈论不断增长的 Epyc 服务器芯片系列，但这可能会转向本季度财报中的毛利率。</span></p></blockquote></p><p> Advanced Micro Devices Inc. is set to follow yet another rough earnings report from Intel Corp., and once again could show gains in an area that caused pain for its larger rival.</p><p><blockquote>Advanced Micro Devices Inc. 将继英特尔公司 (Intel Corp.) 发布另一份糟糕的收益报告之后，该公司可能会再次在一个给其更大的竞争对手带来痛苦的领域取得进展。</blockquote></p><p> AMD&nbsp;is scheduled to report third-quarter earnings on Tuesday after the close of markets, after Intel&nbsp;reported an earnings beat Thursday that hardly mattered as revenue came in light. More important to analysts was Intel's forecast for declining margins over the next few years as its chief executive doubles down on new manufacturing capacity to try to retake its former glory as the undisputed chip leader.</p><p><blockquote>AMD 定于周二收盘后公布第三季度收益，此前英特尔周四公布的收益超出预期，但随着收入的浮出水面，这几乎无关紧要。对分析师来说，更重要的是英特尔预测未来几年利润率将下降，因为其首席执行官加倍投资新的产能，试图重夺其作为无可争议的芯片领导者的昔日荣耀。</blockquote></p><p> That led to downgrades on Friday and Intel's worst one-day performance since the chip leader said it was going to delay its next generation of chips, an announcement that had fired up even more investor support for AMD back then.</p><p><blockquote>这导致了周五的评级下调，以及自这家芯片领导者表示将推迟下一代芯片以来英特尔最糟糕的单日表现，这一声明当时激发了投资者对 AMD 的更多支持。</blockquote></p><p> Bernstein analyst Stacy Rasgon, who has a market perform rating on AMD and a $110 price target, said AMD will continue to benefit from Intel's transition, and called attention to an AMD metric that was one of enormous concern during Intel's call: Gross margins.</p><p><blockquote>Bernstein 分析师 Stacy Rasgon 对 AMD 给予市场表现评级，目标价为 110 美元，他表示 AMD 将继续受益于英特尔的转型，并呼吁人们关注英特尔看涨期权期间备受关注的 AMD 指标之一：毛利率。</blockquote></p><p> \"We believe Street gross margin estimates appear unaggressive going forward (which is not something we have typically said for AMD), and the company is now (for the first time ever) starting to return cash,\" Rasgon said.</p><p><blockquote>拉斯贡表示：“我们认为，未来华尔街毛利率估计似乎并不激进（这不是我们通常对 AMD 所说的话），而且该公司现在（有史以来第一次）开始返还现金。”</blockquote></p><p> That underscores another show of how Intel and AMD are transitioning with respect to one another: Analysts on the Intel call were very concerned that Intel's margins were falling despite company assurances they would stay just above 50% for the next few years. Meanwhile, AMD gross margins have been rising, and are likely to break above 50%, if not in this earnings report, then sometime soon. Three months ago, AMD reported gross margins of 48%, up from 44% in the previous year.</p><p><blockquote>这再次表明英特尔和 AMD 正在相互转型：英特尔看涨期权上的分析师非常担心英特尔的利润率正在下降，尽管该公司保证未来几年利润率将保持在 50% 以上。与此同时，AMD 的毛利率一直在上升，并且可能会突破 50% 以上，如果不是在这份收益报告中，那么很快就会突破 50%。三个月前，AMD 公布的毛利率为 48%，高于上一年的 44%。</blockquote></p><p> While AMD is referred to as Intel's \"smaller rival,\" that gap has been steadily closing for a while now. At Friday's close, AMD had a market cap of $145.34 billion, or nearly 73% of Intel's $200.66 billion. Just this past summer, AMD's $111.5 billion valuation was a little more than half Intel's $219.5 billion cap.</p><p><blockquote>虽然AMD被称为英特尔的“较小的竞争对手”，但这一差距已经稳步缩小了一段时间。截至周五收盘，AMD 的市值为 1453.4 亿美元，接近英特尔 2006.6 亿美元市值的 73%。就在去年夏天，AMD 的估值为 1115 亿美元，略高于英特尔 2195 亿美元上限的一半。</blockquote></p><p> One other are to look at will be data-center sales, as finally swung to a gain in that important segment in the quarter. Over the past two quarters, Intel has posted significant year-over-year declines in the increasingly important category, while AMD has more than doubled its sales. That raises the question whether Intel clawed back some market share, or whether data-center sales were just generally better all around, which AMD's report could answer.</p><p><blockquote>另一个值得关注的领域是数据中心销售，该领域终于在本季度实现了这一重要领域的增长。在过去的两个季度里，英特尔在这个日益重要的类别中的销售额同比大幅下降，而 AMD 的销售额则增长了一倍多。这就提出了一个问题：英特尔是否夺回了一些市场份额，或者数据中心的销售是否只是普遍更好，AMD 的报告可以回答这个问题。</blockquote></p><p> <b>What to expect</b></p><p><blockquote><b>期待什么</b></blockquote></p><p> <b>Earnings: </b>Of the 34 analysts surveyed by FactSet, AMD on average is expected to post adjusted earnings of 66 cents a share, up from 41 cents a share reported in the year-ago period. Estimize, a software platform that crowdsources estimates from hedge-fund executives, brokerages, buy-side analysts and others, calls for earnings of 72 cents a share.</p><p><blockquote><b>收益：</b>在 FactSet 调查的 34 名分析师中，AMD 预计调整后每股收益平均为 66 美分，高于去年同期的每股 41 美分。Estimize 是一个软件平台，它从对冲基金高管、经纪公司、买方分析师和其他人那里众包评级估算，每股收益为 72 美分。</blockquote></p><p> <b>Revenue:</b> Of the 32 analysts polled by FactSet, AMD, on average, is expected to post revenue of $4.11 billion, up from the $2.8 billion reported in the year-ago quarter. AMD had forecast $4 billion to $4.2 billion. Estimize expects revenue of $4.22 billion.</p><p><blockquote><b>收入：</b>在 FactSet 调查的 32 名分析师中，AMD 预计平均营收为 41.1 亿美元，高于去年同期报告的 28 亿美元。AMD 曾预测 40 亿至 42 亿美元。Estimize 预计收入为 42.2 亿美元。</blockquote></p><p> <b>Stock movement:</b> While AMD earnings and sales have both topped Wall Street estimates over the past five quarterly reports, but shares only gained the next day twice, about three months ago and when the stock popped nearly 13% five quarters ago.</p><p><blockquote><b>股票变动：</b>尽管 AMD 在过去五个季度报告中的盈利和销售额均超出了华尔街的预期，但其股价仅在第二天上涨了两次，一次是在大约三个月前，另一次是在五个季度前，当时该股飙升了近 13%。</blockquote></p><p> AMD shares rose 9.6% in the third quarter. In contrast, the PHLX Semiconductor Index declined 2.6%, the S&amp;P 500 index rose 0.2%, and the tech-heavy Nasdaq Composite Index declined 0.4%. On Friday, the day after Intel's report, AMD shares closed at a record high of $119.82.</p><p><blockquote>AMD 股价第三季度上涨 9.6%。相比之下，PHLX半导体指数下跌2.6%，标普500指数上涨0.2%，以科技股为主的纳斯达克综合指数下跌0.4%。周五，即英特尔发布报告的第二天，AMD 股价收于 119.82 美元的历史新高。</blockquote></p><p> <b>What analysts are saying</b></p><p><blockquote><b>分析师怎么说</b></blockquote></p><p> Cowen analyst Matthew Ramsay, who has an outperform rating and a $120 price target on AMD, said he's \"lookin' for more of the same.\"</p><p><blockquote>Cowen 分析师马修·拉姆齐 (Matthew Ramsay) 对 AMD 给予跑赢大盘评级，目标价为 120 美元，他表示“正在寻找更多类似的评级”。</blockquote></p><p> \"We continue to monitor the PC market for signs of demand slowing or supply improving,\" Ramsay said. \"Near-term, we see resilient demand outside Chromebooks, but prefer a prudent/agnostic view on 2022 like AMD took on its last call.\"</p><p><blockquote>拉姆齐表示：“我们将继续监测个人电脑市场是否有需求放缓或供应改善的迹象。”“短期内，我们看到 Chromebook 以外的需求有弹性，但更倾向于对 2022 年持谨慎/不可知论的态度，就像 AMD 进行最后一次看涨期权一样。”</blockquote></p><p> Earlier in the month, research firms released data showing that pandemic-fueled growth in PC shipments had slowed considerably as the world not only wrestles with a chip shortage but overall supply-chain issues.</p><p><blockquote>本月早些时候，研究公司发布的数据显示，由于全球不仅面临芯片短缺，而且面临整体供应链问题，疫情推动的个人电脑出货量增长已大幅放缓。</blockquote></p><p></p><p> On data-center sales, Ramsay is even more optimistic estimating that segment will account for more than 25% of sales compared with less than 20% a year ago.</p><p><blockquote>在数据中心销售方面，Ramsay 更加乐观，估计该部门将占销售额的 25% 以上，而一年前这一比例还不到 20%。</blockquote></p><p> \"We believe datacenter passing a quarter of AMD's business could draw investor attention,\" Ramsay said. \"We remind investors that the most important business for AMD remains datacenter, which we estimate doubled in 2020, with CEO Lisa Su noting she sees the business momentum accelerating in 2021.\"</p><p><blockquote>“我们相信数据中心超过 AMD 四分之一的业务可能会吸引投资者的注意力，”拉姆齐说。“我们提醒投资者，AMD 最重要的业务仍然是数据中心，我们预计该业务在 2020 年将翻一番，首席执行官 Lisa Su 指出，她预计 2021 年业务势头将加速。”</blockquote></p><p> Susquehanna Financial analyst Christopher Rolland, who has a positive rating and a $130 price target on AMD, said he expects another solid quarter driven by enterprise and server sales, but that \"given the slowing PC market, we do not expect mgmt to raise their FY top-line guidance as they have done in numerous updates over the last year.\"</p><p><blockquote>萨斯奎哈纳金融分析师克里斯托弗·罗兰 (Christopher Rolland) 对 AMD 给予正面评级，目标价为 130 美元，他表示，在企业和服务器销售的推动下，他预计本季度将再次表现强劲，但“鉴于 PC 市场放缓，我们预计管理层不会提高他们的财年营收指引，就像他们在去年的多次更新中所做的那样。”</blockquote></p><p> Still, Rolland expects AMD to report share gains from Intel in both desktop and laptop PCs as well as enterprise and gaming PCs.</p><p><blockquote>尽管如此，罗兰预计 AMD 在台式机和笔记本电脑以及企业和游戏电脑方面的份额将超过英特尔。</blockquote></p><p> Of the 39 analysts who cover AMD, 23 have buy or overweight ratings, and 16 have hold ratings, with an average price target of $117.55.</p><p><blockquote>在研究 AMD 的 39 位分析师中，23 位给予买入或跑赢大盘评级，16 位给予持有评级，平均目标价为 117.55 美元。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.marketwatch.com/story/amd-earnings-look-to-again-succeed-where-intel-disappointed-11634942264?mod=mw_quote_news\">MarketWatch</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AMD":"美国超微公司"},"source_url":"https://www.marketwatch.com/story/amd-earnings-look-to-again-succeed-where-intel-disappointed-11634942264?mod=mw_quote_news","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2177412181","content_text":"AMD earnings preview: After showing data-center gains as Intel declined two quarters in a row, analysts now point to AMD's growing margins as Intel's are projected to shrink\nAdvanced Micro Devices Inc.’s growing series of Epyc server chips has been the talk of Wall Street in recent quarters, but that may switch to gross margins in this quarter’s earnings report.\nAdvanced Micro Devices Inc. is set to follow yet another rough earnings report from Intel Corp., and once again could show gains in an area that caused pain for its larger rival.\nAMD is scheduled to report third-quarter earnings on Tuesday after the close of markets, after Intel reported an earnings beat Thursday that hardly mattered as revenue came in light. More important to analysts was Intel's forecast for declining margins over the next few years as its chief executive doubles down on new manufacturing capacity to try to retake its former glory as the undisputed chip leader.\nThat led to downgrades on Friday and Intel's worst one-day performance since the chip leader said it was going to delay its next generation of chips, an announcement that had fired up even more investor support for AMD back then.\nBernstein analyst Stacy Rasgon, who has a market perform rating on AMD and a $110 price target, said AMD will continue to benefit from Intel's transition, and called attention to an AMD metric that was one of enormous concern during Intel's call: Gross margins.\n\"We believe Street gross margin estimates appear unaggressive going forward (which is not something we have typically said for AMD), and the company is now (for the first time ever) starting to return cash,\" Rasgon said.\nThat underscores another show of how Intel and AMD are transitioning with respect to one another: Analysts on the Intel call were very concerned that Intel's margins were falling despite company assurances they would stay just above 50% for the next few years. Meanwhile, AMD gross margins have been rising, and are likely to break above 50%, if not in this earnings report, then sometime soon. Three months ago, AMD reported gross margins of 48%, up from 44% in the previous year.\nWhile AMD is referred to as Intel's \"smaller rival,\" that gap has been steadily closing for a while now. At Friday's close, AMD had a market cap of $145.34 billion, or nearly 73% of Intel's $200.66 billion. Just this past summer, AMD's $111.5 billion valuation was a little more than half Intel's $219.5 billion cap.\nOne other are to look at will be data-center sales, as finally swung to a gain in that important segment in the quarter. Over the past two quarters, Intel has posted significant year-over-year declines in the increasingly important category, while AMD has more than doubled its sales. That raises the question whether Intel clawed back some market share, or whether data-center sales were just generally better all around, which AMD's report could answer.\nWhat to expect\nEarnings: Of the 34 analysts surveyed by FactSet, AMD on average is expected to post adjusted earnings of 66 cents a share, up from 41 cents a share reported in the year-ago period. Estimize, a software platform that crowdsources estimates from hedge-fund executives, brokerages, buy-side analysts and others, calls for earnings of 72 cents a share.\nRevenue: Of the 32 analysts polled by FactSet, AMD, on average, is expected to post revenue of $4.11 billion, up from the $2.8 billion reported in the year-ago quarter. AMD had forecast $4 billion to $4.2 billion. Estimize expects revenue of $4.22 billion.\nStock movement: While AMD earnings and sales have both topped Wall Street estimates over the past five quarterly reports, but shares only gained the next day twice, about three months ago and when the stock popped nearly 13% five quarters ago.\nAMD shares rose 9.6% in the third quarter. In contrast, the PHLX Semiconductor Index declined 2.6%, the S&P 500 index rose 0.2%, and the tech-heavy Nasdaq Composite Index declined 0.4%. On Friday, the day after Intel's report, AMD shares closed at a record high of $119.82.\nWhat analysts are saying\nCowen analyst Matthew Ramsay, who has an outperform rating and a $120 price target on AMD, said he's \"lookin' for more of the same.\"\n\"We continue to monitor the PC market for signs of demand slowing or supply improving,\" Ramsay said. \"Near-term, we see resilient demand outside Chromebooks, but prefer a prudent/agnostic view on 2022 like AMD took on its last call.\"\nEarlier in the month, research firms released data showing that pandemic-fueled growth in PC shipments had slowed considerably as the world not only wrestles with a chip shortage but overall supply-chain issues.\nOn data-center sales, Ramsay is even more optimistic estimating that segment will account for more than 25% of sales compared with less than 20% a year ago.\n\"We believe datacenter passing a quarter of AMD's business could draw investor attention,\" Ramsay said. \"We remind investors that the most important business for AMD remains datacenter, which we estimate doubled in 2020, with CEO Lisa Su noting she sees the business momentum accelerating in 2021.\"\nSusquehanna Financial analyst Christopher Rolland, who has a positive rating and a $130 price target on AMD, said he expects another solid quarter driven by enterprise and server sales, but that \"given the slowing PC market, we do not expect mgmt to raise their FY top-line guidance as they have done in numerous updates over the last year.\"\nStill, Rolland expects AMD to report share gains from Intel in both desktop and laptop PCs as well as enterprise and gaming PCs.\nOf the 39 analysts who cover AMD, 23 have buy or overweight ratings, and 16 have hold ratings, with an average price target of $117.55.","news_type":1,"symbols_score_info":{"AMD":0.9}},"isVote":1,"tweetType":1,"viewCount":3476,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":858657428,"gmtCreate":1635048440118,"gmtModify":1635048440285,"author":{"id":"3558406829565752","authorId":"3558406829565752","name":"Jackiekat","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3558406829565752","authorIdStr":"3558406829565752"},"themes":[],"title":"","htmlText":"<a href=\"https://laohu8.com/S/ICLN\">$iShares Global Clean Energy ETF(ICLN)$</a>&nbsp;Up.!","listText":"<a href=\"https://laohu8.com/S/ICLN\">$iShares Global Clean Energy ETF(ICLN)$</a>&nbsp;Up.!","text":"$iShares Global Clean Energy ETF(ICLN)$ Up.!","images":[{"img":"https://static.tigerbbs.com/9bd02ee14dea90f9a42037f4cc3b76dc","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/858657428","isVote":1,"tweetType":1,"viewCount":2118,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"CN","totalScore":0},{"id":858657556,"gmtCreate":1635048394826,"gmtModify":1635048394944,"author":{"id":"3558406829565752","authorId":"3558406829565752","name":"Jackiekat","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3558406829565752","authorIdStr":"3558406829565752"},"themes":[],"title":"","htmlText":"<a href=\"https://laohu8.com/S/SE\">$Sea Ltd(SE)$</a>&nbsp;Growth stock!!&nbsp;","listText":"<a href=\"https://laohu8.com/S/SE\">$Sea Ltd(SE)$</a>&nbsp;Growth stock!!&nbsp;","text":"$Sea Ltd(SE)$ Growth stock!!","images":[{"img":"https://static.tigerbbs.com/52d344fef90e3dff962e4f2505565d13","width":"1080","height":"3660"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/858657556","isVote":1,"tweetType":1,"viewCount":1897,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"CN","totalScore":0},{"id":853876626,"gmtCreate":1634793862461,"gmtModify":1634793926806,"author":{"id":"3558406829565752","authorId":"3558406829565752","name":"Jackiekat","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3558406829565752","authorIdStr":"3558406829565752"},"themes":[],"title":"","htmlText":"<a href=\"https://laohu8.com/S/ICLN\">$iShares Global Clean Energy ETF(ICLN)$</a>&nbsp;Continue up?&nbsp;","listText":"<a href=\"https://laohu8.com/S/ICLN\">$iShares Global Clean Energy ETF(ICLN)$</a>&nbsp;Continue up?&nbsp;","text":"$iShares 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watchlist?&nbsp;","listText":"<a href=\"https://laohu8.com/S/ICLN\">$iShares Global Clean Energy ETF(ICLN)$</a>&nbsp;Energy ETF in watchlist?&nbsp;","text":"$iShares Global Clean Energy ETF(ICLN)$ Energy ETF in watchlist?","images":[{"img":"https://static.tigerbbs.com/2158c742c72f3a27dd48380ca24604ad","width":"1080","height":"3543"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/850447443","isVote":1,"tweetType":1,"viewCount":326,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"CN","totalScore":0},{"id":850973504,"gmtCreate":1634549146864,"gmtModify":1634549146978,"author":{"id":"3558406829565752","authorId":"3558406829565752","name":"Jackiekat","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3558406829565752","authorIdStr":"3558406829565752"},"themes":[],"title":"","htmlText":"<a href=\"https://laohu8.com/S/ICLN\">$iShares Global Clean Energy ETF(ICLN)$</a>&nbsp;Keep up!&nbsp;","listText":"<a href=\"https://laohu8.com/S/ICLN\">$iShares Global Clean Energy ETF(ICLN)$</a>&nbsp;Keep up!&nbsp;","text":"$iShares Global Clean Energy ETF(ICLN)$ Keep up!","images":[{"img":"https://static.tigerbbs.com/3374e5a4ddfc17a09c567bbfe61106c8","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/850973504","isVote":1,"tweetType":1,"viewCount":564,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"CN","totalScore":0},{"id":850947294,"gmtCreate":1634548922978,"gmtModify":1634548922978,"author":{"id":"3558406829565752","authorId":"3558406829565752","name":"Jackiekat","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3558406829565752","authorIdStr":"3558406829565752"},"themes":[],"title":"","htmlText":"<a href=\"https://laohu8.com/S/BILI\">$Bilibili Inc.(BILI)$</a>&nbsp;Good to go?&nbsp;","listText":"<a href=\"https://laohu8.com/S/BILI\">$Bilibili Inc.(BILI)$</a>&nbsp;Good to go?&nbsp;","text":"$Bilibili Inc.(BILI)$ Good to go?","images":[{"img":"https://static.tigerbbs.com/d7fe72020428b9bc782969646d317f7e","width":"1080","height":"3759"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/850947294","isVote":1,"tweetType":1,"viewCount":835,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"CN","totalScore":0},{"id":827201169,"gmtCreate":1634472362774,"gmtModify":1634472362905,"author":{"id":"3558406829565752","authorId":"3558406829565752","name":"Jackiekat","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3558406829565752","authorIdStr":"3558406829565752"},"themes":[],"title":"","htmlText":"<a href=\"https://laohu8.com/S/UNH\">$UnitedHealth(UNH)$</a>&nbsp;Time to hunting","listText":"<a href=\"https://laohu8.com/S/UNH\">$UnitedHealth(UNH)$</a>&nbsp;Time to hunting","text":"$UnitedHealth(UNH)$ Time to hunting","images":[{"img":"https://static.tigerbbs.com/186ca4dc542dd7da2a7e8193cdd6ef8f","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/827201169","isVote":1,"tweetType":1,"viewCount":624,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"CN","totalScore":0},{"id":827203374,"gmtCreate":1634472157480,"gmtModify":1634472157645,"author":{"id":"3558406829565752","authorId":"3558406829565752","name":"Jackiekat","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3558406829565752","authorIdStr":"3558406829565752"},"themes":[],"title":"","htmlText":"<a href=\"https://laohu8.com/S/ICLN\">$iShares Global Clean Energy ETF(ICLN)$</a>&nbsp;Is it time to have?&nbsp;","listText":"<a href=\"https://laohu8.com/S/ICLN\">$iShares Global Clean Energy ETF(ICLN)$</a>&nbsp;Is it time to have?&nbsp;","text":"$iShares Global Clean Energy ETF(ICLN)$ Is it time to have?","images":[{"img":"https://static.tigerbbs.com/4fa46c09a3dc02ae31ebb4ef4f165ef9","width":"1080","height":"3543"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/827203374","isVote":1,"tweetType":1,"viewCount":556,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"CN","totalScore":0},{"id":827905383,"gmtCreate":1634382978081,"gmtModify":1634382978220,"author":{"id":"3558406829565752","authorId":"3558406829565752","name":"Jackiekat","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3558406829565752","authorIdStr":"3558406829565752"},"themes":[],"title":"","htmlText":"<a href=\"https://laohu8.com/S/UNH\">$UnitedHealth(UNH)$</a>&nbsp;Keep up!&nbsp;","listText":"<a href=\"https://laohu8.com/S/UNH\">$UnitedHealth(UNH)$</a>&nbsp;Keep up!&nbsp;","text":"$UnitedHealth(UNH)$ Keep up!","images":[{"img":"https://static.tigerbbs.com/186ca4dc542dd7da2a7e8193cdd6ef8f","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/827905383","isVote":1,"tweetType":1,"viewCount":580,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"CN","totalScore":0},{"id":824921424,"gmtCreate":1634271347442,"gmtModify":1634274410126,"author":{"id":"3558406829565752","authorId":"3558406829565752","name":"Jackiekat","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3558406829565752","authorIdStr":"3558406829565752"},"themes":[],"title":"","htmlText":"<a href=\"https://laohu8.com/S/UNH\">$UnitedHealth(UNH)$</a>&nbsp;Time to release?&nbsp;","listText":"<a href=\"https://laohu8.com/S/UNH\">$UnitedHealth(UNH)$</a>&nbsp;Time to release?&nbsp;","text":"$UnitedHealth(UNH)$ Time to release?","images":[{"img":"https://static.tigerbbs.com/e280bbcac9a80e3a58d43336229266bb","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/824921424","isVote":1,"tweetType":1,"viewCount":519,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"CN","totalScore":0},{"id":824929478,"gmtCreate":1634271206475,"gmtModify":1634274410126,"author":{"id":"3558406829565752","authorId":"3558406829565752","name":"Jackiekat","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3558406829565752","authorIdStr":"3558406829565752"},"themes":[],"title":"","htmlText":"<a href=\"https://laohu8.com/S/FSLY\">$Fastly, Inc.(FSLY)$</a>&nbsp;Time to have?&nbsp;","listText":"<a href=\"https://laohu8.com/S/FSLY\">$Fastly, Inc.(FSLY)$</a>&nbsp;Time to have?&nbsp;","text":"$Fastly, Inc.(FSLY)$ Time to have?","images":[{"img":"https://static.tigerbbs.com/e779f03d39c5c1dd226f74435881a34e","width":"1080","height":"3543"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/824929478","isVote":1,"tweetType":1,"viewCount":630,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"CN","totalScore":0}],"hots":[{"id":842283502,"gmtCreate":1636181573964,"gmtModify":1636181575210,"author":{"id":"3558406829565752","authorId":"3558406829565752","name":"Jackiekat","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3558406829565752","authorIdStr":"3558406829565752"},"themes":[],"title":"","htmlText":"Ok&nbsp;","listText":"Ok&nbsp;","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/842283502","repostId":"2181428587","repostType":4,"isVote":1,"tweetType":1,"viewCount":2547,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":630539034,"gmtCreate":1642979883950,"gmtModify":1642979884057,"author":{"id":"3558406829565752","authorId":"3558406829565752","name":"Jackiekat","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3558406829565752","authorIdStr":"3558406829565752"},"themes":[],"title":"","htmlText":"👍","listText":"👍","text":"👍","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/630539034","repostId":"1106250133","repostType":4,"repost":{"id":"1106250133","kind":"news","pubTimestamp":1642977542,"share":"https://www.laohunote.com/m/news/1106250133?lang=zh_CN&edition=full","pubTime":"2022-01-24 06:39","market":"us","language":"en","title":"Tesla, Intel, Apple, Microsoft, Visa, and Other Stocks to Watch This Week<blockquote>特斯拉、英特尔、苹果、微软、Visa 和本周值得关注的其他股票</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1106250133","media":"Barrons","summary":"It will be a packed week offourth-quarterearnings releases, with more than 100S&P 500companies scheduled to report.IBMandHalliburtonare Monday’s highlights, followed byMicrosoft,Verizon Communications","content":"<p><html><head></head><body>It will be a packed week of fourth-quarter earnings releases, with more than 100 S&amp;P 500 companies scheduled to report. IBM and Halliburton are Monday’s highlights, followed by Microsoft, Verizon Communications, American Express, General Electric, Johnson &amp; Johnson, and Lockheed Martin on Tuesday.</p><p><blockquote><html><head></head><body>本周将发布第四季度财报，超过 100 家标普500公司计划发布财报。IBM 和哈里伯顿公司是周一的亮点，其次是微软、Verizon Communications、美国运通、通用电气、强生公司和洛克希德-马丁公司。</body></html></blockquote></p><p>Tesla, AT&amp;T, Intel, and Boeing report on Wednesday. Then Apple, Visa, Comcast, McDonald’s, and Mastercard all go on Thursday before Chevron and Caterpillar close the week on Friday.</p><p><blockquote>特斯拉、美国电话电报公司、英特尔和波音公司周三发布报告。然后，苹果、Visa、Comcast、麦当劳和万事达卡都将在周四上班，雪佛龙和卡特彼勒将在周五收盘。</blockquote></p><p><img src=\"https://static.tigerbbs.com/3d814c4db504737da550137d499ea1fe\" tg-width=\"1878\" tg-height=\"2016\" width=\"100%\" height=\"auto\"/></p><p><blockquote></blockquote></p><p>The highlight on the economic calendar will be Wednesday’s conclusion of the Federal Open Market Committee’s January meeting. The Federal Reserve’s monetary-policy making body publishes a decision that afternoon, followed by a press conference with chairman Jerome Powell. Both will be closely parsed for clues to the central bank’s next moves.</p><p><blockquote>经济日历上的重头戏将是周三结束的联邦公开市场委员会一月份会议。美联储的货币政策决策机构将于当天下午公布一项决定，随后将与主席杰罗姆-鲍威尔（Jerome Powell）举行新闻发布会。两者都将被仔细分析，以寻找央行下一步行动的线索。</blockquote></p><p>Data out this week include IHS Markit’s Manufacturing and Services Purchasing Managers’ indexes for January on Monday, the Census Bureau’s new residential home sales data on Wednesday, and the Bureau of Economic Analysis’ preliminary estimate for fourth-quarter 2021 gross domestic product on Thursday.</p><p><blockquote>本周公布的数据包括周一 IHS Markit 公布的 1 月份制造业和服务业采购经理人指数、周三人口普查局公布的新住宅销售数据以及周四经济分析局公布的 2021 年第四季度国内生产总值初步估算。</blockquote></p><p><b>Monday 1/24</b></p><p><blockquote><b>1/24星期一</b></blockquote></p><p>Brown &amp; Brown, Halliburton, IBM, Philips, and Zions Bancorp report quarterly results.</p><p><blockquote>Brown &amp; Brown、哈里伯顿、IBM、飞利浦和 Zions Bancorp 报告季度业绩。</blockquote></p><p><b>IHS Markit reports</b> its Manufacturing and Services Purchasing Managers’ indexes for January. Consensus estimate is for a 56 reading for the manufacturing PMI and a 54 for the Services PMI. Both figures are less than the December data. The PMIs are off their record peaks from the middle of last year but remain well above the expansionary level of 50.</p><p><blockquote><b>IHS Markit 报告</b>1月份制造业和服务业采购经理人指数。普遍估计制造业 PMI 为 56，服务业 PMI 为 54。这两个数字都低于12月份的数据。PMI 已脱离去年年中的历史最高水平，但仍远高于 50 的扩张水平。</blockquote></p><p><b>Tuesday 1/25</b></p><p><blockquote><b>星期二1/25</b></blockquote></p><p><b>The world’s two largest companies</b> release results this week as investors look to tech earnings to reverse the Nasdaq’s 9.5% drop this year. Microsoft reports after the close, followed by Apple on Thursday.</p><p><blockquote><b>世界上最大的两家公司</b>本周公布业绩，投资者期待科技股盈利扭转纳斯达克今年 9.5% 的跌幅。微软在收盘后进行报道，周四苹果紧随其后。</blockquote></p><p>3M, American Express, Archer-Daniels-Midland, Capital One Financial, General Electric, Invesco, Johnson &amp; Johnson, Lockheed Martin, NextEra Energy, Raytheon Technologies, Texas Instruments, and Verizon Communications release earnings.</p><p><blockquote>3M、美国运通、Archer-Daniels-Midland、第一资本金融公司、通用电气、景顺、强生公司、洛克希德·马丁公司、NextEra Energy、雷神技术公司、德州仪器公司和 Verizon Communications 发布收益。</blockquote></p><p><b>S&amp;P CoreLogic releases</b> its Case-Shiller National Home Price Index for November. Economists forecast a 18% year-over-year rise, marginally less than in October. If estimates prove correct, it would be the 12th consecutive month with double-digit gains for home prices.</p><p><blockquote><b>标准普尔 CoreLogic 发布</b>其 11 月份凯斯-席勒全国房价指数。经济学家预测同比增长 18%，略低于 10 月份。如果估计被证明是正确的，这将是房价连续第12个月出现两位数上涨。</blockquote></p><p><b>Wednesday 1/26</b></p><p><blockquote><b>星期三1/26</b></blockquote></p><p>Abbott Laboratories, Anthem, AT&amp;T, Automatic Data Processing, Boeing, Edwards Lifesciences, Freeport-McMoRan, General Dynamics, Intel, Kimberly-Clark, Nasdaq, Norfolk Southern, Seagate Technology Holdings, ServiceNow, and Tesla report quarterly results.</p><p><blockquote>Abbott Laboratories、Anthem、AT&amp;T、Automatic Data Processing、波音、Edwards Lifesciences、Freeport-McMoRan、通用动力、英特尔、金佰利、纳斯达克、Norfolk Southern、希捷科技控股公司、ServiceNow 和特斯拉报告季度业绩。</blockquote></p><p><b>The Federal Open Market</b> Committee announces its monetary-policy decision. The central bank is expected to keep the federal-funds rate unchanged near zero. The Fed has become increasingly hawkish in the past three months, and Wall Street has priced in one quarter-point rate hike at the FOMC’s March meeting and a total of four quarter-point hikes for the year.</p><p><blockquote><b>联邦公开市场</b>委员会宣布其货币政策决定。预计央行将维持联邦基金利率接近于零不变。在过去的三个月里，美联储变得越来越鹰派，华尔街已经消化了联邦公开市场委员会（FOMC）3 月份会议上加息一次四分之一个百分点，以及今年总共加息四次四分之一个百分点。</blockquote></p><p><b>The Census Bureau</b> reports new residential home sales data. Consensus estimate is for a seasonally adjusted annual rate of 762,500 new single-family homes sold in December, 2.5% more than in November.</p><p><blockquote><b>人口普查局</b>报告新住宅销售数据。普遍估计，12 月份经季节性调整后的新单户住宅年增长率为 762,500 套，比 11 月份增长 2.5%。</blockquote></p><p><b>Thursday 1/27</b></p><p><blockquote><b>星期四1/27</b></blockquote></p><p>Altria Group, Comcast, Crown Castle International, Danaher, Dow, International Paper, Mastercard, McDonald’s, Mondelez International,       MSCI, Northrop Grumman, Nucor, Southwest Airlines, and Visa hold conference calls to discuss earnings.</p><p><blockquote>奥驰亚集团、康卡斯特、皇冠城堡国际、丹纳赫、陶氏化学、国际纸业、万事达卡、麦当劳、亿滋国际、摩根士丹利资本国际、诺斯罗普-格鲁曼、纽柯、西南航空公司和维萨卡在评级召开会议讨论盈利。</blockquote></p><p><b>The Bureau of Economic</b>Analysis releases its preliminary estimate for fourth-quarter 2021 gross domestic product. Economists forecast a 5.6% rate of growth, after a 2.3% increase in the third quarter.</p><p><blockquote><b>经济局</b>Analysis发布了对2021年第四季度国内生产总值的初步估计。经济学家预测增长率为5.6%，第三季度增长2.3%。</blockquote></p><p><b>Friday 1/28</b></p><p><blockquote><b>星期五1/28</b></blockquote></p><p>Caterpillar, Charter Communications, Chevron, Colgate-Palmolive, Phillips 66, V.F.Corp., and Weyerhaeuser report quarterly results.</p><p><blockquote>卡特彼勒、Charter Communications、雪佛龙、高露洁棕榄、Phillips 66、V.F.Corp. 和惠好报告季度业绩。</blockquote></p><p></body></html></p><p><blockquote></blockquote></p><p></p>","source":"lsy1601382232898","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Tesla, Intel, Apple, Microsoft, Visa, and Other Stocks to Watch This Week<blockquote>特斯拉、英特尔、苹果、微软、Visa 和本周值得关注的其他股票</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTesla, Intel, Apple, Microsoft, Visa, and Other Stocks to Watch This Week<blockquote>特斯拉、英特尔、苹果、微软、Visa 和本周值得关注的其他股票</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Barrons</strong><span class=\"h-time small\">2022-01-24 06:39</span>\n</p>\n</h4>\n</header>\n<article>\n<p><html><head></head><body>It will be a packed week of fourth-quarter earnings releases, with more than 100 S&amp;P 500 companies scheduled to report. IBM and Halliburton are Monday’s highlights, followed by Microsoft, Verizon Communications, American Express, General Electric, Johnson &amp; Johnson, and Lockheed Martin on Tuesday.</p><p><blockquote><html><head></head><body>本周将发布第四季度财报，超过 100 家标普500公司计划发布财报。IBM 和哈里伯顿公司是周一的亮点，其次是微软、Verizon Communications、美国运通、通用电气、强生公司和洛克希德-马丁公司。</body></html></blockquote></p><p>Tesla, AT&amp;T, Intel, and Boeing report on Wednesday. Then Apple, Visa, Comcast, McDonald’s, and Mastercard all go on Thursday before Chevron and Caterpillar close the week on Friday.</p><p><blockquote>特斯拉、美国电话电报公司、英特尔和波音公司周三发布报告。然后，苹果、Visa、Comcast、麦当劳和万事达卡都将在周四上班，雪佛龙和卡特彼勒将在周五收盘。</blockquote></p><p><img src=\"https://static.tigerbbs.com/3d814c4db504737da550137d499ea1fe\" tg-width=\"1878\" tg-height=\"2016\" width=\"100%\" height=\"auto\"/></p><p><blockquote></blockquote></p><p>The highlight on the economic calendar will be Wednesday’s conclusion of the Federal Open Market Committee’s January meeting. The Federal Reserve’s monetary-policy making body publishes a decision that afternoon, followed by a press conference with chairman Jerome Powell. Both will be closely parsed for clues to the central bank’s next moves.</p><p><blockquote>经济日历上的重头戏将是周三结束的联邦公开市场委员会一月份会议。美联储的货币政策决策机构将于当天下午公布一项决定，随后将与主席杰罗姆-鲍威尔（Jerome Powell）举行新闻发布会。两者都将被仔细分析，以寻找央行下一步行动的线索。</blockquote></p><p>Data out this week include IHS Markit’s Manufacturing and Services Purchasing Managers’ indexes for January on Monday, the Census Bureau’s new residential home sales data on Wednesday, and the Bureau of Economic Analysis’ preliminary estimate for fourth-quarter 2021 gross domestic product on Thursday.</p><p><blockquote>本周公布的数据包括周一 IHS Markit 公布的 1 月份制造业和服务业采购经理人指数、周三人口普查局公布的新住宅销售数据以及周四经济分析局公布的 2021 年第四季度国内生产总值初步估算。</blockquote></p><p><b>Monday 1/24</b></p><p><blockquote><b>1/24星期一</b></blockquote></p><p>Brown &amp; Brown, Halliburton, IBM, Philips, and Zions Bancorp report quarterly results.</p><p><blockquote>Brown &amp; Brown、哈里伯顿、IBM、飞利浦和 Zions Bancorp 报告季度业绩。</blockquote></p><p><b>IHS Markit reports</b> its Manufacturing and Services Purchasing Managers’ indexes for January. Consensus estimate is for a 56 reading for the manufacturing PMI and a 54 for the Services PMI. Both figures are less than the December data. The PMIs are off their record peaks from the middle of last year but remain well above the expansionary level of 50.</p><p><blockquote><b>IHS Markit 报告</b>1月份制造业和服务业采购经理人指数。普遍估计制造业 PMI 为 56，服务业 PMI 为 54。这两个数字都低于12月份的数据。PMI 已脱离去年年中的历史最高水平，但仍远高于 50 的扩张水平。</blockquote></p><p><b>Tuesday 1/25</b></p><p><blockquote><b>星期二1/25</b></blockquote></p><p><b>The world’s two largest companies</b> release results this week as investors look to tech earnings to reverse the Nasdaq’s 9.5% drop this year. Microsoft reports after the close, followed by Apple on Thursday.</p><p><blockquote><b>世界上最大的两家公司</b>本周公布业绩，投资者期待科技股盈利扭转纳斯达克今年 9.5% 的跌幅。微软在收盘后进行报道，周四苹果紧随其后。</blockquote></p><p>3M, American Express, Archer-Daniels-Midland, Capital One Financial, General Electric, Invesco, Johnson &amp; Johnson, Lockheed Martin, NextEra Energy, Raytheon Technologies, Texas Instruments, and Verizon Communications release earnings.</p><p><blockquote>3M、美国运通、Archer-Daniels-Midland、第一资本金融公司、通用电气、景顺、强生公司、洛克希德·马丁公司、NextEra Energy、雷神技术公司、德州仪器公司和 Verizon Communications 发布收益。</blockquote></p><p><b>S&amp;P CoreLogic releases</b> its Case-Shiller National Home Price Index for November. Economists forecast a 18% year-over-year rise, marginally less than in October. If estimates prove correct, it would be the 12th consecutive month with double-digit gains for home prices.</p><p><blockquote><b>标准普尔 CoreLogic 发布</b>其 11 月份凯斯-席勒全国房价指数。经济学家预测同比增长 18%，略低于 10 月份。如果估计被证明是正确的，这将是房价连续第12个月出现两位数上涨。</blockquote></p><p><b>Wednesday 1/26</b></p><p><blockquote><b>星期三1/26</b></blockquote></p><p>Abbott Laboratories, Anthem, AT&amp;T, Automatic Data Processing, Boeing, Edwards Lifesciences, Freeport-McMoRan, General Dynamics, Intel, Kimberly-Clark, Nasdaq, Norfolk Southern, Seagate Technology Holdings, ServiceNow, and Tesla report quarterly results.</p><p><blockquote>Abbott Laboratories、Anthem、AT&amp;T、Automatic Data Processing、波音、Edwards Lifesciences、Freeport-McMoRan、通用动力、英特尔、金佰利、纳斯达克、Norfolk Southern、希捷科技控股公司、ServiceNow 和特斯拉报告季度业绩。</blockquote></p><p><b>The Federal Open Market</b> Committee announces its monetary-policy decision. The central bank is expected to keep the federal-funds rate unchanged near zero. The Fed has become increasingly hawkish in the past three months, and Wall Street has priced in one quarter-point rate hike at the FOMC’s March meeting and a total of four quarter-point hikes for the year.</p><p><blockquote><b>联邦公开市场</b>委员会宣布其货币政策决定。预计央行将维持联邦基金利率接近于零不变。在过去的三个月里，美联储变得越来越鹰派，华尔街已经消化了联邦公开市场委员会（FOMC）3 月份会议上加息一次四分之一个百分点，以及今年总共加息四次四分之一个百分点。</blockquote></p><p><b>The Census Bureau</b> reports new residential home sales data. Consensus estimate is for a seasonally adjusted annual rate of 762,500 new single-family homes sold in December, 2.5% more than in November.</p><p><blockquote><b>人口普查局</b>报告新住宅销售数据。普遍估计，12 月份经季节性调整后的新单户住宅年增长率为 762,500 套，比 11 月份增长 2.5%。</blockquote></p><p><b>Thursday 1/27</b></p><p><blockquote><b>星期四1/27</b></blockquote></p><p>Altria Group, Comcast, Crown Castle International, Danaher, Dow, International Paper, Mastercard, McDonald’s, Mondelez International,       MSCI, Northrop Grumman, Nucor, Southwest Airlines, and Visa hold conference calls to discuss earnings.</p><p><blockquote>奥驰亚集团、康卡斯特、皇冠城堡国际、丹纳赫、陶氏化学、国际纸业、万事达卡、麦当劳、亿滋国际、摩根士丹利资本国际、诺斯罗普-格鲁曼、纽柯、西南航空公司和维萨卡在评级召开会议讨论盈利。</blockquote></p><p><b>The Bureau of Economic</b>Analysis releases its preliminary estimate for fourth-quarter 2021 gross domestic product. Economists forecast a 5.6% rate of growth, after a 2.3% increase in the third quarter.</p><p><blockquote><b>经济局</b>Analysis发布了对2021年第四季度国内生产总值的初步估计。经济学家预测增长率为5.6%，第三季度增长2.3%。</blockquote></p><p><b>Friday 1/28</b></p><p><blockquote><b>星期五1/28</b></blockquote></p><p>Caterpillar, Charter Communications, Chevron, Colgate-Palmolive, Phillips 66, V.F.Corp., and Weyerhaeuser report quarterly results.</p><p><blockquote>卡特彼勒、Charter Communications、雪佛龙、高露洁棕榄、Phillips 66、V.F.Corp. 和惠好报告季度业绩。</blockquote></p><p></body></html></p><p><blockquote></blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.barrons.com/articles/stocks-to-watch-this-week-tesla-apple-microsoft-51642954621?mod=hp_LATEST\">Barrons</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GE":"GE航空航天","IBM":"IBM","V":"Visa","JNJ":"强生","TSLA":"特斯拉","CAT":"卡特彼勒","MSFT":"微软",".DJI":"道琼斯","NOW":"ServiceNow","PSX":"Phillips 66",".IXIC":"NASDAQ Composite","LMT":"洛克希德马丁","ADM":"Archer Daniels Midland Co","VZ":"Verizon Comms","INTC":"英特尔",".SPX":"S&P 500 Index","T":"At&T","MCD":"麦当劳","CVX":"雪佛龙","CMCSA":"康卡斯特","MA":"万事达","BA":"波音","AXP":"美国运通","AAPL":"苹果","MMM":"3M","HAL":"哈里伯顿"},"source_url":"https://www.barrons.com/articles/stocks-to-watch-this-week-tesla-apple-microsoft-51642954621?mod=hp_LATEST","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1106250133","content_text":"It will be a packed week of fourth-quarter earnings releases, with more than 100 S&P 500 companies scheduled to report. IBM and Halliburton are Monday’s highlights, followed by Microsoft, Verizon Communications, American Express, General Electric, Johnson & Johnson, and Lockheed Martin on Tuesday.Tesla, AT&T, Intel, and Boeing report on Wednesday. Then Apple, Visa, Comcast, McDonald’s, and Mastercard all go on Thursday before Chevron and Caterpillar close the week on Friday.The highlight on the economic calendar will be Wednesday’s conclusion of the Federal Open Market Committee’s January meeting. The Federal Reserve’s monetary-policy making body publishes a decision that afternoon, followed by a press conference with chairman Jerome Powell. Both will be closely parsed for clues to the central bank’s next moves.Data out this week include IHS Markit’s Manufacturing and Services Purchasing Managers’ indexes for January on Monday, the Census Bureau’s new residential home sales data on Wednesday, and the Bureau of Economic Analysis’ preliminary estimate for fourth-quarter 2021 gross domestic product on Thursday.Monday 1/24Brown & Brown, Halliburton, IBM, Philips, and Zions Bancorp report quarterly results.IHS Markit reports its Manufacturing and Services Purchasing Managers’ indexes for January. Consensus estimate is for a 56 reading for the manufacturing PMI and a 54 for the Services PMI. Both figures are less than the December data. The PMIs are off their record peaks from the middle of last year but remain well above the expansionary level of 50.Tuesday 1/25The world’s two largest companies release results this week as investors look to tech earnings to reverse the Nasdaq’s 9.5% drop this year. Microsoft reports after the close, followed by Apple on Thursday.3M, American Express, Archer-Daniels-Midland, Capital One Financial, General Electric, Invesco, Johnson & Johnson, Lockheed Martin, NextEra Energy, Raytheon Technologies, Texas Instruments, and Verizon Communications release earnings.S&P CoreLogic releases its Case-Shiller National Home Price Index for November. Economists forecast a 18% year-over-year rise, marginally less than in October. If estimates prove correct, it would be the 12th consecutive month with double-digit gains for home prices.Wednesday 1/26Abbott Laboratories, Anthem, AT&T, Automatic Data Processing, Boeing, Edwards Lifesciences, Freeport-McMoRan, General Dynamics, Intel, Kimberly-Clark, Nasdaq, Norfolk Southern, Seagate Technology Holdings, ServiceNow, and Tesla report quarterly results.The Federal Open Market Committee announces its monetary-policy decision. The central bank is expected to keep the federal-funds rate unchanged near zero. The Fed has become increasingly hawkish in the past three months, and Wall Street has priced in one quarter-point rate hike at the FOMC’s March meeting and a total of four quarter-point hikes for the year.The Census Bureau reports new residential home sales data. Consensus estimate is for a seasonally adjusted annual rate of 762,500 new single-family homes sold in December, 2.5% more than in November.Thursday 1/27Altria Group, Comcast, Crown Castle International, Danaher, Dow, International Paper, Mastercard, McDonald’s, Mondelez International,       MSCI, Northrop Grumman, Nucor, Southwest Airlines, and Visa hold conference calls to discuss earnings.The Bureau of EconomicAnalysis releases its preliminary estimate for fourth-quarter 2021 gross domestic product. Economists forecast a 5.6% rate of growth, after a 2.3% increase in the third quarter.Friday 1/28Caterpillar, Charter Communications, Chevron, Colgate-Palmolive, Phillips 66, V.F.Corp., and Weyerhaeuser report quarterly results.","news_type":1,"symbols_score_info":{"MSFT":0.9,"TSLA":0.9,"MCD":0.9,"IBM":0.9,"AAPL":0.9,"MA":0.9,"BA":0.9,"INTC":0.9,"VZ":0.9,"CVX":0.9,".SPX":0.9,"CMCSA":0.9,"LMT":0.9,"ADM":0.9,"GE":0.9,"AXP":0.9,"NOW":0.9,"CAT":0.9,".IXIC":0.9,".DJI":0.9,"V":0.9,"T":0.9,"PSX":0.9,"HAL":0.9,"MMM":0.9,"JNJ":0.9}},"isVote":1,"tweetType":1,"viewCount":2283,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":852054312,"gmtCreate":1635226996659,"gmtModify":1635226996787,"author":{"id":"3558406829565752","authorId":"3558406829565752","name":"Jackiekat","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3558406829565752","authorIdStr":"3558406829565752"},"themes":[],"title":"","htmlText":"👍","listText":"👍","text":"👍","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/852054312","repostId":"2177489964","repostType":4,"repost":{"id":"2177489964","kind":"highlight","pubTimestamp":1635042148,"share":"https://www.laohunote.com/m/news/2177489964?lang=zh_CN&edition=full","pubTime":"2021-10-24 10:22","market":"us","language":"en","title":"The PC slowdown shouldn't hurt Microsoft earnings, and here's why<blockquote>个人电脑放缓应该不会损害微软的盈利，原因如下</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=2177489964","media":"MarketWatch","summary":"Growth from Azure and other cloud products should mask over any disappointment from supply-chain iss","content":"<p>Growth from Azure and other cloud products should mask over any disappointment from supply-chain issues affecting PC sales</p><p><blockquote>Azure 和其他云产品的增长应该会掩盖影响 PC 销售的供应链问题带来的任何失望</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/958e56d50bc03c5ef2195a2a879bec71\" tg-width=\"700\" tg-height=\"467\" width=\"100%\" height=\"auto\"><span>Microsoft Corp. is scheduled to release fiscal first-quarter earnings after the bell on Tuesday.</span></p><p><blockquote><p class=\"t-img-caption\"><span>微软定于周二盘后发布第一财季收益。</span></p></blockquote></p><p> The slowdown in personal computer sales due to supply-chain issues in recent months would have hurt Microsoft Corp. in past years, but the company's pivot to cloud computing and cloud software should insulate it from any earnings fallout.</p><p><blockquote>近几个月来，由于供应链问题导致个人电脑销售放缓，这可能会对微软公司造成损害，但该公司转向云计算和云软件应该会使其免受任何盈利影响。</blockquote></p><p> Microsoft&nbsp;is scheduled to report its fiscal first-quarter earnings on Tuesday afternoon, as it rolls out its new Windows 11 operating system and PC makers struggle to deliver new machines. While the Microsoft of Bill Gates and Steve Ballmer would have faced a lot of Wall Street pessimism if PC shipments were mangled and a new operating system was not quickly adopted, Satya Nadella's Microsoft should be just fine.</p><p><blockquote>微软定于周二下午公布第一财季收益，因为该公司将推出新的 Windows 11 操作系统，而个人电脑制造商正在努力交付新机器。如果个人电脑出货量中断，新的操作系统没有迅速采用，比尔盖茨和史蒂夫鲍尔默的微软将会面临华尔街的很多悲观情绪，但萨蒂亚纳德拉的微软应该没问题。</blockquote></p><p> That is because analysts and investors are mostly focused on Azure, Microsoft's cloud-computing answer to Amazon.com Inc.'s&nbsp;Amazon Web Services, as well as cloud-software offerings, decreasing the importance of Microsoft's PC business.</p><p><blockquote>这是因为分析师和投资者大多关注 Azure（微软对亚马逊公司 Amazon Web Services 的云计算解决方案）以及云软件产品，从而降低了微软 PC 业务的重要性。</blockquote></p><p> \"Sustained digital transformation momentum should offset the impact from mixed PC unit shipment estimates from IDC and Gartner,\" <a href=\"https://laohu8.com/S/MSTLW\">Morgan Stanley</a> analysts wrote in a preview of the report, later adding, \"While our negative growth outlook for Windows OEM pressures our longer term earnings expectation for Microsoft, we also note Windows OEM overall represents a decreasing mix of overall Microsoft revenue and gross profit.\"</p><p><blockquote>“持续的数字化转型势头应该会抵消 IDC 和 Gartner 混合 PC 单位出货量估计的影响，”<a href=\"https://laohu8.com/S/MSTLW\">摩根士丹利</a>分析师在报告预览中写道，后来补充道：“虽然我们对 Windows OEM 的负增长前景给我们对微软的长期盈利预期带来了压力，但我们也注意到 Windows OEM 整体微软收入和毛利润的组合正在下降。”</blockquote></p><p> Azure has made sure that Windows' importance to Microsoft has decreased. The fast-growing cloud business is at the top of every analyst note about Microsoft, and analysts expect revenue to grow in the mid-40% range. (Microsoft does not disclose Azure performance except for percentage gain, despite AWS and Google&nbsp;(GOOGL) Cloud providing full revenue and operating profits for their competitive services).</p><p><blockquote>Azure 确保 Windows 对微软的重要性有所下降。快速增长的云业务是所有关于微软的分析师笔记的首要内容，分析师预计收入将增长 40% 左右。（尽管 AWS 和谷歌（GOOGL）云为其竞争服务提供了全部收入和运营利润，但微软除了百分比收益外，没有披露 Azure 的表现）。</blockquote></p><p> \"Fundamentally, ramping contribution from previously signed long-term Azure deals, continued Cloud migrations post-COVID, Microsoft's intensifying focus on Cloud verticalization and strong Microsoft 365 seat growth can sustain durable longer-term Azure growth,\" the Morgan Stanley analysts wrote.</p><p><blockquote>摩根士丹利分析师写道：“从根本上说，之前签署的长期 Azure 交易、新冠疫情后持续的云迁移、微软对云垂直化的日益关注以及微软 365 席位的强劲增长可以维持 Azure 的持久长期增长。”</blockquote></p><p> There are factors that could add to Microsoft's growth as well, especially in the forecast. The $19.7 billion acquisition of health-care-focused company Nuance is expected to close before the end of the calendar year, and Microsoft recently disclosed that its cloud-based revenue would dump into the same revenue bucket as Azure.</p><p><blockquote>也有一些因素可能会促进微软的增长，尤其是在预测方面。以 197 亿美元收购专注于医疗保健的公司 Nuance 的交易预计将在今年年底前完成，微软最近透露，其基于云的收入将与 Azure 归入同一收入桶。</blockquote></p><p> While Microsoft did not disclose exactly how much that would mean, UBS analysts said in September that prior Nuance disclosures and a call they had with the company's investor relations team led them to estimate that about 46% of Nuance's revenue would be cloud-based. They estimated that would mean roughly $91 million in additional sales for Microsoft's cloud division in the fiscal second quarter, if the full quarter were to be included.</p><p><blockquote>虽然微软没有透露这到底意味着什么，但瑞银分析师在9月份表示，Nuance之前的披露以及他们与该公司投资者关系团队的看涨期权使他们估计Nuance约46%的收入将基于云。他们估计，如果包括整个季度，这将意味着微软云部门在第二财季的额外销售额约为 9100 万美元。</blockquote></p><p> Another bump could be coming in the future from increased prices for Microsoft's most popular cloud software offering, Office 365. Microsoft is increasing prices more than 10% across the board for the product, which the company described as \"the first substantive pricing update since we launched Office 365 a decade ago,\" which also gives analysts confidence that Microsoft can withstand any supply-chain pressures on the PC market.</p><p><blockquote>微软最受欢迎的云软件产品Office 365的价格上涨可能会在未来带来另一个上涨。微软将该产品的价格全面提高了10%以上，该公司将其描述为“自十年前推出Office 365以来的首次实质性定价更新”，这也让分析师相信微软能够承受PC市场的任何供应链压力。</blockquote></p><p> <b>What to expect</b></p><p><blockquote><b>期待什么</b></blockquote></p><p> <b>Earnings:</b> Analysts on average expect Microsoft to report earnings of $2.08 a share, up from $1.82 a share a year ago. Contributors to Estimize -- a crowdsourcing platform that gathers estimates from Wall Street analysts as well as buy-side analysts, fund managers, company executives, academics and others -- predict earnings of $2.22 a share.</p><p><blockquote><b>收益：</b>分析师平均预计微软每股收益为 2.08 美元，高于一年前的每股 1.82 美元。Estimize 是一个众包平台，收集华尔街分析师以及买方分析师、基金经理、公司高管、学者和其他人的估计，其贡献者预测每股收益为 2.22 美元。</blockquote></p><p> <b>Revenue:</b> Analysts on average were modeling sales of $43.93 billion, which would be an improvement from $37.15 billion a year ago, after Microsoft forecast revenue of $43.3 billion to $44.2 billion. Estimize contributors expect $44.88 billion in sales.</p><p><blockquote><b>收入：</b>分析师平均预测销售额为 439.3 亿美元，比一年前的 371.5 亿美元有所改善，此前微软预测收入为 433 亿美元至 442 亿美元。Estimize 贡献者预计销售额为 448.8 亿美元。</blockquote></p><p> Analyst expect $16.52 billion in sales from the \"Intelligent Cloud\" segment, after Microsoft guided for $16.4 billion to $16.65 billion; $14.67 billion in sales from the cloud-software-focused \"Productivity and Business Solutions\" segment, after a forecast of $14.5 billion to $14.75 billion; and $12.72 billion from \"More Personal Computing,\" after guidance for sales of $12.4 billion to $12.8 billion.</p><p><blockquote>分析师预计“智能云”部门的销售额为 165.2 亿美元，此前微软的预期为 164 亿美元至 166.5 亿美元；专注于云软件的“生产力和业务解决方案”部门的销售额为 146.7 亿美元，此前预测为 145 亿至 147.5 亿美元；在指导销售额为 124 亿美元至 128 亿美元之后，“更多个人计算”的收入为 127.2 亿美元。</blockquote></p><p></p><p> <b>Stock movement: </b>Microsoft shares have declined in the session following earnings releases in four of the past five quarters, though the last decline was only by 0.1%. The stock has increased 8.1% in the past three months and 45.2% in the past year, as the S&amp;P 500 index has grown by 4.1% and 31.6% in those periods, respectively.</p><p><blockquote><b>股票变动：</b>在过去五个季度中的四个季度公布财报后，微软股价在盘中下跌，尽管上次下跌仅 0.1%。该股在过去三个月上涨了 8.1%，在过去一年上涨了 45.2%，而标普500指数在此期间分别上涨了 4.1% 和 31.6%。</blockquote></p><p> <b>What analysts are saying</b></p><p><blockquote><b>分析师怎么说</b></blockquote></p><p> Analysts are in pretty universal agreement about Microsoft's current position. According to FactSet tracking, 33 out of 36 analysts rate the stock the equivalent of a buy, while the other three rate it as a hold.</p><p><blockquote>分析师们对微软目前的立场基本达成一致。根据 FactSet 跟踪，36 名分析师中有 33 名将该股评级为相当于买入，而另外三名分析师将其评级为持有。</blockquote></p><p> \"Currently trading at 27x our CY23 GAAP EPS estimates, Microsoft represents a rare combination of strong secular positioning and reasonable valuation within the software space,\" wrote the Morgan Stanley analysts, who rate the shares overweight with a price target of $331.</p><p><blockquote>摩根士丹利分析师写道：“微软目前的交易价格是我们 2023 财年 GAAP 每股收益预期的 27 倍，代表了软件领域强大的长期定位和合理估值的罕见结合。”他们将该股跑赢大盘评级为 331 美元。</blockquote></p><p> The once concern seems to be the durability of the current growth trajectory, which is why the Nuance acquisition and increased pricing of Office 365 is seen as key to the stock continuing to rise.</p><p><blockquote>曾经令人担忧的似乎是当前增长轨迹的持久性，这就是为什么 Nuance 收购和 Office 365 定价上涨被视为该股持续上涨的关键。</blockquote></p><p> \"Comps get progressively tougher throughout FY22, which should be met by Microsoft's durable growth portfolio of Azure/Security/Teams,\" wrote Jeffries analysts, who have an outperform rating and recently raised their price target to $375 from $345. \"Key items to watch are elevated expectations (Azure high 40s reported), integration with Nuance and increased security investments.\"</p><p><blockquote>杰弗里斯分析师写道：“整个 2022 财年，竞争将变得越来越艰难，微软 Azure/Security/Teams 的可持续增长产品组合应该会满足这一要求。”他们的评级为跑赢大盘，最近将目标价从 345 美元上调至 375 美元。“需要关注的关键项目是提高期望（据报道 Azure 高达 40 年代）、与 Nuance 的集成以及增加安全投资。”</blockquote></p><p> Microsoft has benefitted from the pandemic, as companies have relied on cloud-computing power and software to keep teams connected while working remotely. But Microsoft bull and Wedbush analyst Daniel Ives does not see a return to the office as a sign that the boom will end.</p><p><blockquote>微软从疫情中受益，因为公司依靠云计算能力和软件在远程工作时保持团队联系。但微软·布尔和韦德布什分析师 Daniel Ives 并不认为重返办公室是繁荣即将结束的迹象。</blockquote></p><p> \"We believe the Street's view of moderating cloud growth on the other side of this WFH cycle is contrary to the deal activity Microsoft is seeing in the field,\" Ives, with an outperform rating and $375 price target, wrote in a preview of the report. \"While we have seen the momentum of this backdrop in the last few years, we believe deal flow looks incrementally strong (Office 365/Azure combo deals in particular) heading into FY22 as we estimate that Microsoft is still only 35% through penetrating its unparalleled installed base on the cloud transition.\"</p><p><blockquote>艾夫斯在报告的预览中写道：“我们认为，华尔街关于在这个居家办公周期的另一边放缓云增长的观点与微软在该领域看到的交易活动相反。”他的评级为跑赢大盘，目标价为 375 美元。“虽然我们在过去几年中看到了这一背景的势头，但我们相信，进入 2022 财年，交易流看起来会逐渐强劲（特别是 Office 365/Azure 组合交易），因为我们估计微软仍只有 35% 通过渗透其无与伦比的安装基础云过渡。”</blockquote></p><p> Stifel analysts, with a buy rating and $325 price target, concurred.</p><p><blockquote>Stifel 分析师给予买入评级，目标价为 325 美元，对此表示同意。</blockquote></p><p> \"We continue to believe that the pandemic is forcing organizations to accelerate the pace of their cloud migrations and that Microsoft remains a key beneficiary of this modernization spend, especially around large new deal momentum, as its broad stack enables it to capture Tier 1 workloads previously out of reach,\" they wrote.</p><p><blockquote>“我们仍然相信，大流行正在迫使组织加快云迁移的步伐，而微软仍然是这种现代化支出的主要受益者，特别是在大型新交易势头方面，因为其广泛的堆栈使其能够捕获以前遥不可及的一级工作负载，”他们写道。</blockquote></p><p> The average price target on Microsoft stock as of Friday afternoon was $335.47, roughly 8.5% higher than the going rate.</p><p><blockquote>截至周五下午，微软股票的平均目标价为 335.47 美元，比现行价格高出约 8.5%。</blockquote></p><p></p>","source":"lsy1603348471595","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; 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color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nThe PC slowdown shouldn't hurt Microsoft earnings, and here's why<blockquote>个人电脑放缓应该不会损害微软的盈利，原因如下</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">MarketWatch</strong><span class=\"h-time small\">2021-10-24 10:22</span>\n</p>\n</h4>\n</header>\n<article>\n<p>Growth from Azure and other cloud products should mask over any disappointment from supply-chain issues affecting PC sales</p><p><blockquote>Azure 和其他云产品的增长应该会掩盖影响 PC 销售的供应链问题带来的任何失望</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/958e56d50bc03c5ef2195a2a879bec71\" tg-width=\"700\" tg-height=\"467\" width=\"100%\" height=\"auto\"><span>Microsoft Corp. is scheduled to release fiscal first-quarter earnings after the bell on Tuesday.</span></p><p><blockquote><p class=\"t-img-caption\"><span>微软定于周二盘后发布第一财季收益。</span></p></blockquote></p><p> The slowdown in personal computer sales due to supply-chain issues in recent months would have hurt Microsoft Corp. in past years, but the company's pivot to cloud computing and cloud software should insulate it from any earnings fallout.</p><p><blockquote>近几个月来，由于供应链问题导致个人电脑销售放缓，这可能会对微软公司造成损害，但该公司转向云计算和云软件应该会使其免受任何盈利影响。</blockquote></p><p> Microsoft&nbsp;is scheduled to report its fiscal first-quarter earnings on Tuesday afternoon, as it rolls out its new Windows 11 operating system and PC makers struggle to deliver new machines. While the Microsoft of Bill Gates and Steve Ballmer would have faced a lot of Wall Street pessimism if PC shipments were mangled and a new operating system was not quickly adopted, Satya Nadella's Microsoft should be just fine.</p><p><blockquote>微软定于周二下午公布第一财季收益，因为该公司将推出新的 Windows 11 操作系统，而个人电脑制造商正在努力交付新机器。如果个人电脑出货量中断，新的操作系统没有迅速采用，比尔盖茨和史蒂夫鲍尔默的微软将会面临华尔街的很多悲观情绪，但萨蒂亚纳德拉的微软应该没问题。</blockquote></p><p> That is because analysts and investors are mostly focused on Azure, Microsoft's cloud-computing answer to Amazon.com Inc.'s&nbsp;Amazon Web Services, as well as cloud-software offerings, decreasing the importance of Microsoft's PC business.</p><p><blockquote>这是因为分析师和投资者大多关注 Azure（微软对亚马逊公司 Amazon Web Services 的云计算解决方案）以及云软件产品，从而降低了微软 PC 业务的重要性。</blockquote></p><p> \"Sustained digital transformation momentum should offset the impact from mixed PC unit shipment estimates from IDC and Gartner,\" <a href=\"https://laohu8.com/S/MSTLW\">Morgan Stanley</a> analysts wrote in a preview of the report, later adding, \"While our negative growth outlook for Windows OEM pressures our longer term earnings expectation for Microsoft, we also note Windows OEM overall represents a decreasing mix of overall Microsoft revenue and gross profit.\"</p><p><blockquote>“持续的数字化转型势头应该会抵消 IDC 和 Gartner 混合 PC 单位出货量估计的影响，”<a href=\"https://laohu8.com/S/MSTLW\">摩根士丹利</a>分析师在报告预览中写道，后来补充道：“虽然我们对 Windows OEM 的负增长前景给我们对微软的长期盈利预期带来了压力，但我们也注意到 Windows OEM 整体微软收入和毛利润的组合正在下降。”</blockquote></p><p> Azure has made sure that Windows' importance to Microsoft has decreased. The fast-growing cloud business is at the top of every analyst note about Microsoft, and analysts expect revenue to grow in the mid-40% range. (Microsoft does not disclose Azure performance except for percentage gain, despite AWS and Google&nbsp;(GOOGL) Cloud providing full revenue and operating profits for their competitive services).</p><p><blockquote>Azure 确保 Windows 对微软的重要性有所下降。快速增长的云业务是所有关于微软的分析师笔记的首要内容，分析师预计收入将增长 40% 左右。（尽管 AWS 和谷歌（GOOGL）云为其竞争服务提供了全部收入和运营利润，但微软除了百分比收益外，没有披露 Azure 的表现）。</blockquote></p><p> \"Fundamentally, ramping contribution from previously signed long-term Azure deals, continued Cloud migrations post-COVID, Microsoft's intensifying focus on Cloud verticalization and strong Microsoft 365 seat growth can sustain durable longer-term Azure growth,\" the Morgan Stanley analysts wrote.</p><p><blockquote>摩根士丹利分析师写道：“从根本上说，之前签署的长期 Azure 交易、新冠疫情后持续的云迁移、微软对云垂直化的日益关注以及微软 365 席位的强劲增长可以维持 Azure 的持久长期增长。”</blockquote></p><p> There are factors that could add to Microsoft's growth as well, especially in the forecast. The $19.7 billion acquisition of health-care-focused company Nuance is expected to close before the end of the calendar year, and Microsoft recently disclosed that its cloud-based revenue would dump into the same revenue bucket as Azure.</p><p><blockquote>也有一些因素可能会促进微软的增长，尤其是在预测方面。以 197 亿美元收购专注于医疗保健的公司 Nuance 的交易预计将在今年年底前完成，微软最近透露，其基于云的收入将与 Azure 归入同一收入桶。</blockquote></p><p> While Microsoft did not disclose exactly how much that would mean, UBS analysts said in September that prior Nuance disclosures and a call they had with the company's investor relations team led them to estimate that about 46% of Nuance's revenue would be cloud-based. They estimated that would mean roughly $91 million in additional sales for Microsoft's cloud division in the fiscal second quarter, if the full quarter were to be included.</p><p><blockquote>虽然微软没有透露这到底意味着什么，但瑞银分析师在9月份表示，Nuance之前的披露以及他们与该公司投资者关系团队的看涨期权使他们估计Nuance约46%的收入将基于云。他们估计，如果包括整个季度，这将意味着微软云部门在第二财季的额外销售额约为 9100 万美元。</blockquote></p><p> Another bump could be coming in the future from increased prices for Microsoft's most popular cloud software offering, Office 365. Microsoft is increasing prices more than 10% across the board for the product, which the company described as \"the first substantive pricing update since we launched Office 365 a decade ago,\" which also gives analysts confidence that Microsoft can withstand any supply-chain pressures on the PC market.</p><p><blockquote>微软最受欢迎的云软件产品Office 365的价格上涨可能会在未来带来另一个上涨。微软将该产品的价格全面提高了10%以上，该公司将其描述为“自十年前推出Office 365以来的首次实质性定价更新”，这也让分析师相信微软能够承受PC市场的任何供应链压力。</blockquote></p><p> <b>What to expect</b></p><p><blockquote><b>期待什么</b></blockquote></p><p> <b>Earnings:</b> Analysts on average expect Microsoft to report earnings of $2.08 a share, up from $1.82 a share a year ago. Contributors to Estimize -- a crowdsourcing platform that gathers estimates from Wall Street analysts as well as buy-side analysts, fund managers, company executives, academics and others -- predict earnings of $2.22 a share.</p><p><blockquote><b>收益：</b>分析师平均预计微软每股收益为 2.08 美元，高于一年前的每股 1.82 美元。Estimize 是一个众包平台，收集华尔街分析师以及买方分析师、基金经理、公司高管、学者和其他人的估计，其贡献者预测每股收益为 2.22 美元。</blockquote></p><p> <b>Revenue:</b> Analysts on average were modeling sales of $43.93 billion, which would be an improvement from $37.15 billion a year ago, after Microsoft forecast revenue of $43.3 billion to $44.2 billion. Estimize contributors expect $44.88 billion in sales.</p><p><blockquote><b>收入：</b>分析师平均预测销售额为 439.3 亿美元，比一年前的 371.5 亿美元有所改善，此前微软预测收入为 433 亿美元至 442 亿美元。Estimize 贡献者预计销售额为 448.8 亿美元。</blockquote></p><p> Analyst expect $16.52 billion in sales from the \"Intelligent Cloud\" segment, after Microsoft guided for $16.4 billion to $16.65 billion; $14.67 billion in sales from the cloud-software-focused \"Productivity and Business Solutions\" segment, after a forecast of $14.5 billion to $14.75 billion; and $12.72 billion from \"More Personal Computing,\" after guidance for sales of $12.4 billion to $12.8 billion.</p><p><blockquote>分析师预计“智能云”部门的销售额为 165.2 亿美元，此前微软的预期为 164 亿美元至 166.5 亿美元；专注于云软件的“生产力和业务解决方案”部门的销售额为 146.7 亿美元，此前预测为 145 亿至 147.5 亿美元；在指导销售额为 124 亿美元至 128 亿美元之后，“更多个人计算”的收入为 127.2 亿美元。</blockquote></p><p></p><p> <b>Stock movement: </b>Microsoft shares have declined in the session following earnings releases in four of the past five quarters, though the last decline was only by 0.1%. The stock has increased 8.1% in the past three months and 45.2% in the past year, as the S&amp;P 500 index has grown by 4.1% and 31.6% in those periods, respectively.</p><p><blockquote><b>股票变动：</b>在过去五个季度中的四个季度公布财报后，微软股价在盘中下跌，尽管上次下跌仅 0.1%。该股在过去三个月上涨了 8.1%，在过去一年上涨了 45.2%，而标普500指数在此期间分别上涨了 4.1% 和 31.6%。</blockquote></p><p> <b>What analysts are saying</b></p><p><blockquote><b>分析师怎么说</b></blockquote></p><p> Analysts are in pretty universal agreement about Microsoft's current position. According to FactSet tracking, 33 out of 36 analysts rate the stock the equivalent of a buy, while the other three rate it as a hold.</p><p><blockquote>分析师们对微软目前的立场基本达成一致。根据 FactSet 跟踪，36 名分析师中有 33 名将该股评级为相当于买入，而另外三名分析师将其评级为持有。</blockquote></p><p> \"Currently trading at 27x our CY23 GAAP EPS estimates, Microsoft represents a rare combination of strong secular positioning and reasonable valuation within the software space,\" wrote the Morgan Stanley analysts, who rate the shares overweight with a price target of $331.</p><p><blockquote>摩根士丹利分析师写道：“微软目前的交易价格是我们 2023 财年 GAAP 每股收益预期的 27 倍，代表了软件领域强大的长期定位和合理估值的罕见结合。”他们将该股跑赢大盘评级为 331 美元。</blockquote></p><p> The once concern seems to be the durability of the current growth trajectory, which is why the Nuance acquisition and increased pricing of Office 365 is seen as key to the stock continuing to rise.</p><p><blockquote>曾经令人担忧的似乎是当前增长轨迹的持久性，这就是为什么 Nuance 收购和 Office 365 定价上涨被视为该股持续上涨的关键。</blockquote></p><p> \"Comps get progressively tougher throughout FY22, which should be met by Microsoft's durable growth portfolio of Azure/Security/Teams,\" wrote Jeffries analysts, who have an outperform rating and recently raised their price target to $375 from $345. \"Key items to watch are elevated expectations (Azure high 40s reported), integration with Nuance and increased security investments.\"</p><p><blockquote>杰弗里斯分析师写道：“整个 2022 财年，竞争将变得越来越艰难，微软 Azure/Security/Teams 的可持续增长产品组合应该会满足这一要求。”他们的评级为跑赢大盘，最近将目标价从 345 美元上调至 375 美元。“需要关注的关键项目是提高期望（据报道 Azure 高达 40 年代）、与 Nuance 的集成以及增加安全投资。”</blockquote></p><p> Microsoft has benefitted from the pandemic, as companies have relied on cloud-computing power and software to keep teams connected while working remotely. But Microsoft bull and Wedbush analyst Daniel Ives does not see a return to the office as a sign that the boom will end.</p><p><blockquote>微软从疫情中受益，因为公司依靠云计算能力和软件在远程工作时保持团队联系。但微软·布尔和韦德布什分析师 Daniel Ives 并不认为重返办公室是繁荣即将结束的迹象。</blockquote></p><p> \"We believe the Street's view of moderating cloud growth on the other side of this WFH cycle is contrary to the deal activity Microsoft is seeing in the field,\" Ives, with an outperform rating and $375 price target, wrote in a preview of the report. \"While we have seen the momentum of this backdrop in the last few years, we believe deal flow looks incrementally strong (Office 365/Azure combo deals in particular) heading into FY22 as we estimate that Microsoft is still only 35% through penetrating its unparalleled installed base on the cloud transition.\"</p><p><blockquote>艾夫斯在报告的预览中写道：“我们认为，华尔街关于在这个居家办公周期的另一边放缓云增长的观点与微软在该领域看到的交易活动相反。”他的评级为跑赢大盘，目标价为 375 美元。“虽然我们在过去几年中看到了这一背景的势头，但我们相信，进入 2022 财年，交易流看起来会逐渐强劲（特别是 Office 365/Azure 组合交易），因为我们估计微软仍只有 35% 通过渗透其无与伦比的安装基础云过渡。”</blockquote></p><p> Stifel analysts, with a buy rating and $325 price target, concurred.</p><p><blockquote>Stifel 分析师给予买入评级，目标价为 325 美元，对此表示同意。</blockquote></p><p> \"We continue to believe that the pandemic is forcing organizations to accelerate the pace of their cloud migrations and that Microsoft remains a key beneficiary of this modernization spend, especially around large new deal momentum, as its broad stack enables it to capture Tier 1 workloads previously out of reach,\" they wrote.</p><p><blockquote>“我们仍然相信，大流行正在迫使组织加快云迁移的步伐，而微软仍然是这种现代化支出的主要受益者，特别是在大型新交易势头方面，因为其广泛的堆栈使其能够捕获以前遥不可及的一级工作负载，”他们写道。</blockquote></p><p> The average price target on Microsoft stock as of Friday afternoon was $335.47, roughly 8.5% higher than the going rate.</p><p><blockquote>截至周五下午，微软股票的平均目标价为 335.47 美元，比现行价格高出约 8.5%。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.marketwatch.com/story/the-pc-slowdown-shouldnt-hurt-microsoft-earnings-and-heres-why-11635003215?mod=home-page\">MarketWatch</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"MSFT":"微软"},"source_url":"https://www.marketwatch.com/story/the-pc-slowdown-shouldnt-hurt-microsoft-earnings-and-heres-why-11635003215?mod=home-page","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2177489964","content_text":"Growth from Azure and other cloud products should mask over any disappointment from supply-chain issues affecting PC sales\nMicrosoft Corp. is scheduled to release fiscal first-quarter earnings after the bell on Tuesday.\nThe slowdown in personal computer sales due to supply-chain issues in recent months would have hurt Microsoft Corp. in past years, but the company's pivot to cloud computing and cloud software should insulate it from any earnings fallout.\nMicrosoft is scheduled to report its fiscal first-quarter earnings on Tuesday afternoon, as it rolls out its new Windows 11 operating system and PC makers struggle to deliver new machines. While the Microsoft of Bill Gates and Steve Ballmer would have faced a lot of Wall Street pessimism if PC shipments were mangled and a new operating system was not quickly adopted, Satya Nadella's Microsoft should be just fine.\nThat is because analysts and investors are mostly focused on Azure, Microsoft's cloud-computing answer to Amazon.com Inc.'s Amazon Web Services, as well as cloud-software offerings, decreasing the importance of Microsoft's PC business.\n\"Sustained digital transformation momentum should offset the impact from mixed PC unit shipment estimates from IDC and Gartner,\" Morgan Stanley analysts wrote in a preview of the report, later adding, \"While our negative growth outlook for Windows OEM pressures our longer term earnings expectation for Microsoft, we also note Windows OEM overall represents a decreasing mix of overall Microsoft revenue and gross profit.\"\nAzure has made sure that Windows' importance to Microsoft has decreased. The fast-growing cloud business is at the top of every analyst note about Microsoft, and analysts expect revenue to grow in the mid-40% range. (Microsoft does not disclose Azure performance except for percentage gain, despite AWS and Google (GOOGL) Cloud providing full revenue and operating profits for their competitive services).\n\"Fundamentally, ramping contribution from previously signed long-term Azure deals, continued Cloud migrations post-COVID, Microsoft's intensifying focus on Cloud verticalization and strong Microsoft 365 seat growth can sustain durable longer-term Azure growth,\" the Morgan Stanley analysts wrote.\nThere are factors that could add to Microsoft's growth as well, especially in the forecast. The $19.7 billion acquisition of health-care-focused company Nuance is expected to close before the end of the calendar year, and Microsoft recently disclosed that its cloud-based revenue would dump into the same revenue bucket as Azure.\nWhile Microsoft did not disclose exactly how much that would mean, UBS analysts said in September that prior Nuance disclosures and a call they had with the company's investor relations team led them to estimate that about 46% of Nuance's revenue would be cloud-based. They estimated that would mean roughly $91 million in additional sales for Microsoft's cloud division in the fiscal second quarter, if the full quarter were to be included.\nAnother bump could be coming in the future from increased prices for Microsoft's most popular cloud software offering, Office 365. Microsoft is increasing prices more than 10% across the board for the product, which the company described as \"the first substantive pricing update since we launched Office 365 a decade ago,\" which also gives analysts confidence that Microsoft can withstand any supply-chain pressures on the PC market.\nWhat to expect\nEarnings: Analysts on average expect Microsoft to report earnings of $2.08 a share, up from $1.82 a share a year ago. Contributors to Estimize -- a crowdsourcing platform that gathers estimates from Wall Street analysts as well as buy-side analysts, fund managers, company executives, academics and others -- predict earnings of $2.22 a share.\nRevenue: Analysts on average were modeling sales of $43.93 billion, which would be an improvement from $37.15 billion a year ago, after Microsoft forecast revenue of $43.3 billion to $44.2 billion. Estimize contributors expect $44.88 billion in sales.\nAnalyst expect $16.52 billion in sales from the \"Intelligent Cloud\" segment, after Microsoft guided for $16.4 billion to $16.65 billion; $14.67 billion in sales from the cloud-software-focused \"Productivity and Business Solutions\" segment, after a forecast of $14.5 billion to $14.75 billion; and $12.72 billion from \"More Personal Computing,\" after guidance for sales of $12.4 billion to $12.8 billion.\nStock movement: Microsoft shares have declined in the session following earnings releases in four of the past five quarters, though the last decline was only by 0.1%. The stock has increased 8.1% in the past three months and 45.2% in the past year, as the S&P 500 index has grown by 4.1% and 31.6% in those periods, respectively.\nWhat analysts are saying\nAnalysts are in pretty universal agreement about Microsoft's current position. According to FactSet tracking, 33 out of 36 analysts rate the stock the equivalent of a buy, while the other three rate it as a hold.\n\"Currently trading at 27x our CY23 GAAP EPS estimates, Microsoft represents a rare combination of strong secular positioning and reasonable valuation within the software space,\" wrote the Morgan Stanley analysts, who rate the shares overweight with a price target of $331.\nThe once concern seems to be the durability of the current growth trajectory, which is why the Nuance acquisition and increased pricing of Office 365 is seen as key to the stock continuing to rise.\n\"Comps get progressively tougher throughout FY22, which should be met by Microsoft's durable growth portfolio of Azure/Security/Teams,\" wrote Jeffries analysts, who have an outperform rating and recently raised their price target to $375 from $345. \"Key items to watch are elevated expectations (Azure high 40s reported), integration with Nuance and increased security investments.\"\nMicrosoft has benefitted from the pandemic, as companies have relied on cloud-computing power and software to keep teams connected while working remotely. But Microsoft bull and Wedbush analyst Daniel Ives does not see a return to the office as a sign that the boom will end.\n\"We believe the Street's view of moderating cloud growth on the other side of this WFH cycle is contrary to the deal activity Microsoft is seeing in the field,\" Ives, with an outperform rating and $375 price target, wrote in a preview of the report. \"While we have seen the momentum of this backdrop in the last few years, we believe deal flow looks incrementally strong (Office 365/Azure combo deals in particular) heading into FY22 as we estimate that Microsoft is still only 35% through penetrating its unparalleled installed base on the cloud transition.\"\nStifel analysts, with a buy rating and $325 price target, concurred.\n\"We continue to believe that the pandemic is forcing organizations to accelerate the pace of their cloud migrations and that Microsoft remains a key beneficiary of this modernization spend, especially around large new deal momentum, as its broad stack enables it to capture Tier 1 workloads previously out of reach,\" they wrote.\nThe average price target on Microsoft stock as of Friday afternoon was $335.47, roughly 8.5% higher than the going rate.","news_type":1,"symbols_score_info":{"MSFT":0.9}},"isVote":1,"tweetType":1,"viewCount":2152,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":852055696,"gmtCreate":1635226944216,"gmtModify":1635226944349,"author":{"id":"3558406829565752","authorId":"3558406829565752","name":"Jackiekat","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3558406829565752","authorIdStr":"3558406829565752"},"themes":[],"title":"","htmlText":"👍","listText":"👍","text":"👍","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/852055696","repostId":"2177412181","repostType":4,"repost":{"id":"2177412181","kind":"highlight","pubTimestamp":1635219132,"share":"https://www.laohunote.com/m/news/2177412181?lang=zh_CN&edition=full","pubTime":"2021-10-26 11:32","market":"us","language":"en","title":"AMD earnings look to again succeed where Intel disappointed<blockquote>AMD 盈利有望再次取得成功，英特尔令人失望</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=2177412181","media":"MarketWatch","summary":"AMD earnings preview: After showing data-center gains as Intel declined two quarters in a row, analy","content":"<p>AMD earnings preview: After showing data-center gains as Intel declined two quarters in a row, analysts now point to AMD's growing margins as Intel's are projected to shrink</p><p><blockquote>AMD 盈利预览：在英特尔连续两个季度下滑的情况下显示数据中心增长后，分析师现在指出 AMD 的利润率正在增长，因为英特尔的利润率预计将萎缩</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/30ec3c9220844c561016f0de86f86f52\" tg-width=\"699\" tg-height=\"394\" referrerpolicy=\"no-referrer\"><span>Advanced Micro Devices Inc.’s growing series of Epyc server chips has been the talk of Wall Street in recent quarters, but that may switch to gross margins in this quarter’s earnings report.</span></p><p><blockquote><p class=\"t-img-caption\"><span>Advanced Micro Devices Inc. 最近几个季度，华尔街一直在谈论不断增长的 Epyc 服务器芯片系列，但这可能会转向本季度财报中的毛利率。</span></p></blockquote></p><p> Advanced Micro Devices Inc. is set to follow yet another rough earnings report from Intel Corp., and once again could show gains in an area that caused pain for its larger rival.</p><p><blockquote>Advanced Micro Devices Inc. 将继英特尔公司 (Intel Corp.) 发布另一份糟糕的收益报告之后，该公司可能会再次在一个给其更大的竞争对手带来痛苦的领域取得进展。</blockquote></p><p> AMD&nbsp;is scheduled to report third-quarter earnings on Tuesday after the close of markets, after Intel&nbsp;reported an earnings beat Thursday that hardly mattered as revenue came in light. More important to analysts was Intel's forecast for declining margins over the next few years as its chief executive doubles down on new manufacturing capacity to try to retake its former glory as the undisputed chip leader.</p><p><blockquote>AMD 定于周二收盘后公布第三季度收益，此前英特尔周四公布的收益超出预期，但随着收入的浮出水面，这几乎无关紧要。对分析师来说，更重要的是英特尔预测未来几年利润率将下降，因为其首席执行官加倍投资新的产能，试图重夺其作为无可争议的芯片领导者的昔日荣耀。</blockquote></p><p> That led to downgrades on Friday and Intel's worst one-day performance since the chip leader said it was going to delay its next generation of chips, an announcement that had fired up even more investor support for AMD back then.</p><p><blockquote>这导致了周五的评级下调，以及自这家芯片领导者表示将推迟下一代芯片以来英特尔最糟糕的单日表现，这一声明当时激发了投资者对 AMD 的更多支持。</blockquote></p><p> Bernstein analyst Stacy Rasgon, who has a market perform rating on AMD and a $110 price target, said AMD will continue to benefit from Intel's transition, and called attention to an AMD metric that was one of enormous concern during Intel's call: Gross margins.</p><p><blockquote>Bernstein 分析师 Stacy Rasgon 对 AMD 给予市场表现评级，目标价为 110 美元，他表示 AMD 将继续受益于英特尔的转型，并呼吁人们关注英特尔看涨期权期间备受关注的 AMD 指标之一：毛利率。</blockquote></p><p> \"We believe Street gross margin estimates appear unaggressive going forward (which is not something we have typically said for AMD), and the company is now (for the first time ever) starting to return cash,\" Rasgon said.</p><p><blockquote>拉斯贡表示：“我们认为，未来华尔街毛利率估计似乎并不激进（这不是我们通常对 AMD 所说的话），而且该公司现在（有史以来第一次）开始返还现金。”</blockquote></p><p> That underscores another show of how Intel and AMD are transitioning with respect to one another: Analysts on the Intel call were very concerned that Intel's margins were falling despite company assurances they would stay just above 50% for the next few years. Meanwhile, AMD gross margins have been rising, and are likely to break above 50%, if not in this earnings report, then sometime soon. Three months ago, AMD reported gross margins of 48%, up from 44% in the previous year.</p><p><blockquote>这再次表明英特尔和 AMD 正在相互转型：英特尔看涨期权上的分析师非常担心英特尔的利润率正在下降，尽管该公司保证未来几年利润率将保持在 50% 以上。与此同时，AMD 的毛利率一直在上升，并且可能会突破 50% 以上，如果不是在这份收益报告中，那么很快就会突破 50%。三个月前，AMD 公布的毛利率为 48%，高于上一年的 44%。</blockquote></p><p> While AMD is referred to as Intel's \"smaller rival,\" that gap has been steadily closing for a while now. At Friday's close, AMD had a market cap of $145.34 billion, or nearly 73% of Intel's $200.66 billion. Just this past summer, AMD's $111.5 billion valuation was a little more than half Intel's $219.5 billion cap.</p><p><blockquote>虽然AMD被称为英特尔的“较小的竞争对手”，但这一差距已经稳步缩小了一段时间。截至周五收盘，AMD 的市值为 1453.4 亿美元，接近英特尔 2006.6 亿美元市值的 73%。就在去年夏天，AMD 的估值为 1115 亿美元，略高于英特尔 2195 亿美元上限的一半。</blockquote></p><p> One other are to look at will be data-center sales, as finally swung to a gain in that important segment in the quarter. Over the past two quarters, Intel has posted significant year-over-year declines in the increasingly important category, while AMD has more than doubled its sales. That raises the question whether Intel clawed back some market share, or whether data-center sales were just generally better all around, which AMD's report could answer.</p><p><blockquote>另一个值得关注的领域是数据中心销售，该领域终于在本季度实现了这一重要领域的增长。在过去的两个季度里，英特尔在这个日益重要的类别中的销售额同比大幅下降，而 AMD 的销售额则增长了一倍多。这就提出了一个问题：英特尔是否夺回了一些市场份额，或者数据中心的销售是否只是普遍更好，AMD 的报告可以回答这个问题。</blockquote></p><p> <b>What to expect</b></p><p><blockquote><b>期待什么</b></blockquote></p><p> <b>Earnings: </b>Of the 34 analysts surveyed by FactSet, AMD on average is expected to post adjusted earnings of 66 cents a share, up from 41 cents a share reported in the year-ago period. Estimize, a software platform that crowdsources estimates from hedge-fund executives, brokerages, buy-side analysts and others, calls for earnings of 72 cents a share.</p><p><blockquote><b>收益：</b>在 FactSet 调查的 34 名分析师中，AMD 预计调整后每股收益平均为 66 美分，高于去年同期的每股 41 美分。Estimize 是一个软件平台，它从对冲基金高管、经纪公司、买方分析师和其他人那里众包评级估算，每股收益为 72 美分。</blockquote></p><p> <b>Revenue:</b> Of the 32 analysts polled by FactSet, AMD, on average, is expected to post revenue of $4.11 billion, up from the $2.8 billion reported in the year-ago quarter. AMD had forecast $4 billion to $4.2 billion. Estimize expects revenue of $4.22 billion.</p><p><blockquote><b>收入：</b>在 FactSet 调查的 32 名分析师中，AMD 预计平均营收为 41.1 亿美元，高于去年同期报告的 28 亿美元。AMD 曾预测 40 亿至 42 亿美元。Estimize 预计收入为 42.2 亿美元。</blockquote></p><p> <b>Stock movement:</b> While AMD earnings and sales have both topped Wall Street estimates over the past five quarterly reports, but shares only gained the next day twice, about three months ago and when the stock popped nearly 13% five quarters ago.</p><p><blockquote><b>股票变动：</b>尽管 AMD 在过去五个季度报告中的盈利和销售额均超出了华尔街的预期，但其股价仅在第二天上涨了两次，一次是在大约三个月前，另一次是在五个季度前，当时该股飙升了近 13%。</blockquote></p><p> AMD shares rose 9.6% in the third quarter. In contrast, the PHLX Semiconductor Index declined 2.6%, the S&amp;P 500 index rose 0.2%, and the tech-heavy Nasdaq Composite Index declined 0.4%. On Friday, the day after Intel's report, AMD shares closed at a record high of $119.82.</p><p><blockquote>AMD 股价第三季度上涨 9.6%。相比之下，PHLX半导体指数下跌2.6%，标普500指数上涨0.2%，以科技股为主的纳斯达克综合指数下跌0.4%。周五，即英特尔发布报告的第二天，AMD 股价收于 119.82 美元的历史新高。</blockquote></p><p> <b>What analysts are saying</b></p><p><blockquote><b>分析师怎么说</b></blockquote></p><p> Cowen analyst Matthew Ramsay, who has an outperform rating and a $120 price target on AMD, said he's \"lookin' for more of the same.\"</p><p><blockquote>Cowen 分析师马修·拉姆齐 (Matthew Ramsay) 对 AMD 给予跑赢大盘评级，目标价为 120 美元，他表示“正在寻找更多类似的评级”。</blockquote></p><p> \"We continue to monitor the PC market for signs of demand slowing or supply improving,\" Ramsay said. \"Near-term, we see resilient demand outside Chromebooks, but prefer a prudent/agnostic view on 2022 like AMD took on its last call.\"</p><p><blockquote>拉姆齐表示：“我们将继续监测个人电脑市场是否有需求放缓或供应改善的迹象。”“短期内，我们看到 Chromebook 以外的需求有弹性，但更倾向于对 2022 年持谨慎/不可知论的态度，就像 AMD 进行最后一次看涨期权一样。”</blockquote></p><p> Earlier in the month, research firms released data showing that pandemic-fueled growth in PC shipments had slowed considerably as the world not only wrestles with a chip shortage but overall supply-chain issues.</p><p><blockquote>本月早些时候，研究公司发布的数据显示，由于全球不仅面临芯片短缺，而且面临整体供应链问题，疫情推动的个人电脑出货量增长已大幅放缓。</blockquote></p><p></p><p> On data-center sales, Ramsay is even more optimistic estimating that segment will account for more than 25% of sales compared with less than 20% a year ago.</p><p><blockquote>在数据中心销售方面，Ramsay 更加乐观，估计该部门将占销售额的 25% 以上，而一年前这一比例还不到 20%。</blockquote></p><p> \"We believe datacenter passing a quarter of AMD's business could draw investor attention,\" Ramsay said. \"We remind investors that the most important business for AMD remains datacenter, which we estimate doubled in 2020, with CEO Lisa Su noting she sees the business momentum accelerating in 2021.\"</p><p><blockquote>“我们相信数据中心超过 AMD 四分之一的业务可能会吸引投资者的注意力，”拉姆齐说。“我们提醒投资者，AMD 最重要的业务仍然是数据中心，我们预计该业务在 2020 年将翻一番，首席执行官 Lisa Su 指出，她预计 2021 年业务势头将加速。”</blockquote></p><p> Susquehanna Financial analyst Christopher Rolland, who has a positive rating and a $130 price target on AMD, said he expects another solid quarter driven by enterprise and server sales, but that \"given the slowing PC market, we do not expect mgmt to raise their FY top-line guidance as they have done in numerous updates over the last year.\"</p><p><blockquote>萨斯奎哈纳金融分析师克里斯托弗·罗兰 (Christopher Rolland) 对 AMD 给予正面评级，目标价为 130 美元，他表示，在企业和服务器销售的推动下，他预计本季度将再次表现强劲，但“鉴于 PC 市场放缓，我们预计管理层不会提高他们的财年营收指引，就像他们在去年的多次更新中所做的那样。”</blockquote></p><p> Still, Rolland expects AMD to report share gains from Intel in both desktop and laptop PCs as well as enterprise and gaming PCs.</p><p><blockquote>尽管如此，罗兰预计 AMD 在台式机和笔记本电脑以及企业和游戏电脑方面的份额将超过英特尔。</blockquote></p><p> Of the 39 analysts who cover AMD, 23 have buy or overweight ratings, and 16 have hold ratings, with an average price target of $117.55.</p><p><blockquote>在研究 AMD 的 39 位分析师中，23 位给予买入或跑赢大盘评级，16 位给予持有评级，平均目标价为 117.55 美元。</blockquote></p><p></p>","source":"lsy1603348471595","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; 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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\">\nAMD earnings look to again succeed where Intel disappointed<blockquote>AMD 盈利有望再次取得成功，英特尔令人失望</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">MarketWatch</strong><span class=\"h-time small\">2021-10-26 11:32</span>\n</p>\n</h4>\n</header>\n<article>\n<p>AMD earnings preview: After showing data-center gains as Intel declined two quarters in a row, analysts now point to AMD's growing margins as Intel's are projected to shrink</p><p><blockquote>AMD 盈利预览：在英特尔连续两个季度下滑的情况下显示数据中心增长后，分析师现在指出 AMD 的利润率正在增长，因为英特尔的利润率预计将萎缩</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/30ec3c9220844c561016f0de86f86f52\" tg-width=\"699\" tg-height=\"394\" referrerpolicy=\"no-referrer\"><span>Advanced Micro Devices Inc.’s growing series of Epyc server chips has been the talk of Wall Street in recent quarters, but that may switch to gross margins in this quarter’s earnings report.</span></p><p><blockquote><p class=\"t-img-caption\"><span>Advanced Micro Devices Inc. 最近几个季度，华尔街一直在谈论不断增长的 Epyc 服务器芯片系列，但这可能会转向本季度财报中的毛利率。</span></p></blockquote></p><p> Advanced Micro Devices Inc. is set to follow yet another rough earnings report from Intel Corp., and once again could show gains in an area that caused pain for its larger rival.</p><p><blockquote>Advanced Micro Devices Inc. 将继英特尔公司 (Intel Corp.) 发布另一份糟糕的收益报告之后，该公司可能会再次在一个给其更大的竞争对手带来痛苦的领域取得进展。</blockquote></p><p> AMD&nbsp;is scheduled to report third-quarter earnings on Tuesday after the close of markets, after Intel&nbsp;reported an earnings beat Thursday that hardly mattered as revenue came in light. More important to analysts was Intel's forecast for declining margins over the next few years as its chief executive doubles down on new manufacturing capacity to try to retake its former glory as the undisputed chip leader.</p><p><blockquote>AMD 定于周二收盘后公布第三季度收益，此前英特尔周四公布的收益超出预期，但随着收入的浮出水面，这几乎无关紧要。对分析师来说，更重要的是英特尔预测未来几年利润率将下降，因为其首席执行官加倍投资新的产能，试图重夺其作为无可争议的芯片领导者的昔日荣耀。</blockquote></p><p> That led to downgrades on Friday and Intel's worst one-day performance since the chip leader said it was going to delay its next generation of chips, an announcement that had fired up even more investor support for AMD back then.</p><p><blockquote>这导致了周五的评级下调，以及自这家芯片领导者表示将推迟下一代芯片以来英特尔最糟糕的单日表现，这一声明当时激发了投资者对 AMD 的更多支持。</blockquote></p><p> Bernstein analyst Stacy Rasgon, who has a market perform rating on AMD and a $110 price target, said AMD will continue to benefit from Intel's transition, and called attention to an AMD metric that was one of enormous concern during Intel's call: Gross margins.</p><p><blockquote>Bernstein 分析师 Stacy Rasgon 对 AMD 给予市场表现评级，目标价为 110 美元，他表示 AMD 将继续受益于英特尔的转型，并呼吁人们关注英特尔看涨期权期间备受关注的 AMD 指标之一：毛利率。</blockquote></p><p> \"We believe Street gross margin estimates appear unaggressive going forward (which is not something we have typically said for AMD), and the company is now (for the first time ever) starting to return cash,\" Rasgon said.</p><p><blockquote>拉斯贡表示：“我们认为，未来华尔街毛利率估计似乎并不激进（这不是我们通常对 AMD 所说的话），而且该公司现在（有史以来第一次）开始返还现金。”</blockquote></p><p> That underscores another show of how Intel and AMD are transitioning with respect to one another: Analysts on the Intel call were very concerned that Intel's margins were falling despite company assurances they would stay just above 50% for the next few years. Meanwhile, AMD gross margins have been rising, and are likely to break above 50%, if not in this earnings report, then sometime soon. Three months ago, AMD reported gross margins of 48%, up from 44% in the previous year.</p><p><blockquote>这再次表明英特尔和 AMD 正在相互转型：英特尔看涨期权上的分析师非常担心英特尔的利润率正在下降，尽管该公司保证未来几年利润率将保持在 50% 以上。与此同时，AMD 的毛利率一直在上升，并且可能会突破 50% 以上，如果不是在这份收益报告中，那么很快就会突破 50%。三个月前，AMD 公布的毛利率为 48%，高于上一年的 44%。</blockquote></p><p> While AMD is referred to as Intel's \"smaller rival,\" that gap has been steadily closing for a while now. At Friday's close, AMD had a market cap of $145.34 billion, or nearly 73% of Intel's $200.66 billion. Just this past summer, AMD's $111.5 billion valuation was a little more than half Intel's $219.5 billion cap.</p><p><blockquote>虽然AMD被称为英特尔的“较小的竞争对手”，但这一差距已经稳步缩小了一段时间。截至周五收盘，AMD 的市值为 1453.4 亿美元，接近英特尔 2006.6 亿美元市值的 73%。就在去年夏天，AMD 的估值为 1115 亿美元，略高于英特尔 2195 亿美元上限的一半。</blockquote></p><p> One other are to look at will be data-center sales, as finally swung to a gain in that important segment in the quarter. Over the past two quarters, Intel has posted significant year-over-year declines in the increasingly important category, while AMD has more than doubled its sales. That raises the question whether Intel clawed back some market share, or whether data-center sales were just generally better all around, which AMD's report could answer.</p><p><blockquote>另一个值得关注的领域是数据中心销售，该领域终于在本季度实现了这一重要领域的增长。在过去的两个季度里，英特尔在这个日益重要的类别中的销售额同比大幅下降，而 AMD 的销售额则增长了一倍多。这就提出了一个问题：英特尔是否夺回了一些市场份额，或者数据中心的销售是否只是普遍更好，AMD 的报告可以回答这个问题。</blockquote></p><p> <b>What to expect</b></p><p><blockquote><b>期待什么</b></blockquote></p><p> <b>Earnings: </b>Of the 34 analysts surveyed by FactSet, AMD on average is expected to post adjusted earnings of 66 cents a share, up from 41 cents a share reported in the year-ago period. Estimize, a software platform that crowdsources estimates from hedge-fund executives, brokerages, buy-side analysts and others, calls for earnings of 72 cents a share.</p><p><blockquote><b>收益：</b>在 FactSet 调查的 34 名分析师中，AMD 预计调整后每股收益平均为 66 美分，高于去年同期的每股 41 美分。Estimize 是一个软件平台，它从对冲基金高管、经纪公司、买方分析师和其他人那里众包评级估算，每股收益为 72 美分。</blockquote></p><p> <b>Revenue:</b> Of the 32 analysts polled by FactSet, AMD, on average, is expected to post revenue of $4.11 billion, up from the $2.8 billion reported in the year-ago quarter. AMD had forecast $4 billion to $4.2 billion. Estimize expects revenue of $4.22 billion.</p><p><blockquote><b>收入：</b>在 FactSet 调查的 32 名分析师中，AMD 预计平均营收为 41.1 亿美元，高于去年同期报告的 28 亿美元。AMD 曾预测 40 亿至 42 亿美元。Estimize 预计收入为 42.2 亿美元。</blockquote></p><p> <b>Stock movement:</b> While AMD earnings and sales have both topped Wall Street estimates over the past five quarterly reports, but shares only gained the next day twice, about three months ago and when the stock popped nearly 13% five quarters ago.</p><p><blockquote><b>股票变动：</b>尽管 AMD 在过去五个季度报告中的盈利和销售额均超出了华尔街的预期，但其股价仅在第二天上涨了两次，一次是在大约三个月前，另一次是在五个季度前，当时该股飙升了近 13%。</blockquote></p><p> AMD shares rose 9.6% in the third quarter. In contrast, the PHLX Semiconductor Index declined 2.6%, the S&amp;P 500 index rose 0.2%, and the tech-heavy Nasdaq Composite Index declined 0.4%. On Friday, the day after Intel's report, AMD shares closed at a record high of $119.82.</p><p><blockquote>AMD 股价第三季度上涨 9.6%。相比之下，PHLX半导体指数下跌2.6%，标普500指数上涨0.2%，以科技股为主的纳斯达克综合指数下跌0.4%。周五，即英特尔发布报告的第二天，AMD 股价收于 119.82 美元的历史新高。</blockquote></p><p> <b>What analysts are saying</b></p><p><blockquote><b>分析师怎么说</b></blockquote></p><p> Cowen analyst Matthew Ramsay, who has an outperform rating and a $120 price target on AMD, said he's \"lookin' for more of the same.\"</p><p><blockquote>Cowen 分析师马修·拉姆齐 (Matthew Ramsay) 对 AMD 给予跑赢大盘评级，目标价为 120 美元，他表示“正在寻找更多类似的评级”。</blockquote></p><p> \"We continue to monitor the PC market for signs of demand slowing or supply improving,\" Ramsay said. \"Near-term, we see resilient demand outside Chromebooks, but prefer a prudent/agnostic view on 2022 like AMD took on its last call.\"</p><p><blockquote>拉姆齐表示：“我们将继续监测个人电脑市场是否有需求放缓或供应改善的迹象。”“短期内，我们看到 Chromebook 以外的需求有弹性，但更倾向于对 2022 年持谨慎/不可知论的态度，就像 AMD 进行最后一次看涨期权一样。”</blockquote></p><p> Earlier in the month, research firms released data showing that pandemic-fueled growth in PC shipments had slowed considerably as the world not only wrestles with a chip shortage but overall supply-chain issues.</p><p><blockquote>本月早些时候，研究公司发布的数据显示，由于全球不仅面临芯片短缺，而且面临整体供应链问题，疫情推动的个人电脑出货量增长已大幅放缓。</blockquote></p><p></p><p> On data-center sales, Ramsay is even more optimistic estimating that segment will account for more than 25% of sales compared with less than 20% a year ago.</p><p><blockquote>在数据中心销售方面，Ramsay 更加乐观，估计该部门将占销售额的 25% 以上，而一年前这一比例还不到 20%。</blockquote></p><p> \"We believe datacenter passing a quarter of AMD's business could draw investor attention,\" Ramsay said. \"We remind investors that the most important business for AMD remains datacenter, which we estimate doubled in 2020, with CEO Lisa Su noting she sees the business momentum accelerating in 2021.\"</p><p><blockquote>“我们相信数据中心超过 AMD 四分之一的业务可能会吸引投资者的注意力，”拉姆齐说。“我们提醒投资者，AMD 最重要的业务仍然是数据中心，我们预计该业务在 2020 年将翻一番，首席执行官 Lisa Su 指出，她预计 2021 年业务势头将加速。”</blockquote></p><p> Susquehanna Financial analyst Christopher Rolland, who has a positive rating and a $130 price target on AMD, said he expects another solid quarter driven by enterprise and server sales, but that \"given the slowing PC market, we do not expect mgmt to raise their FY top-line guidance as they have done in numerous updates over the last year.\"</p><p><blockquote>萨斯奎哈纳金融分析师克里斯托弗·罗兰 (Christopher Rolland) 对 AMD 给予正面评级，目标价为 130 美元，他表示，在企业和服务器销售的推动下，他预计本季度将再次表现强劲，但“鉴于 PC 市场放缓，我们预计管理层不会提高他们的财年营收指引，就像他们在去年的多次更新中所做的那样。”</blockquote></p><p> Still, Rolland expects AMD to report share gains from Intel in both desktop and laptop PCs as well as enterprise and gaming PCs.</p><p><blockquote>尽管如此，罗兰预计 AMD 在台式机和笔记本电脑以及企业和游戏电脑方面的份额将超过英特尔。</blockquote></p><p> Of the 39 analysts who cover AMD, 23 have buy or overweight ratings, and 16 have hold ratings, with an average price target of $117.55.</p><p><blockquote>在研究 AMD 的 39 位分析师中，23 位给予买入或跑赢大盘评级，16 位给予持有评级，平均目标价为 117.55 美元。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.marketwatch.com/story/amd-earnings-look-to-again-succeed-where-intel-disappointed-11634942264?mod=mw_quote_news\">MarketWatch</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AMD":"美国超微公司"},"source_url":"https://www.marketwatch.com/story/amd-earnings-look-to-again-succeed-where-intel-disappointed-11634942264?mod=mw_quote_news","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2177412181","content_text":"AMD earnings preview: After showing data-center gains as Intel declined two quarters in a row, analysts now point to AMD's growing margins as Intel's are projected to shrink\nAdvanced Micro Devices Inc.’s growing series of Epyc server chips has been the talk of Wall Street in recent quarters, but that may switch to gross margins in this quarter’s earnings report.\nAdvanced Micro Devices Inc. is set to follow yet another rough earnings report from Intel Corp., and once again could show gains in an area that caused pain for its larger rival.\nAMD is scheduled to report third-quarter earnings on Tuesday after the close of markets, after Intel reported an earnings beat Thursday that hardly mattered as revenue came in light. More important to analysts was Intel's forecast for declining margins over the next few years as its chief executive doubles down on new manufacturing capacity to try to retake its former glory as the undisputed chip leader.\nThat led to downgrades on Friday and Intel's worst one-day performance since the chip leader said it was going to delay its next generation of chips, an announcement that had fired up even more investor support for AMD back then.\nBernstein analyst Stacy Rasgon, who has a market perform rating on AMD and a $110 price target, said AMD will continue to benefit from Intel's transition, and called attention to an AMD metric that was one of enormous concern during Intel's call: Gross margins.\n\"We believe Street gross margin estimates appear unaggressive going forward (which is not something we have typically said for AMD), and the company is now (for the first time ever) starting to return cash,\" Rasgon said.\nThat underscores another show of how Intel and AMD are transitioning with respect to one another: Analysts on the Intel call were very concerned that Intel's margins were falling despite company assurances they would stay just above 50% for the next few years. Meanwhile, AMD gross margins have been rising, and are likely to break above 50%, if not in this earnings report, then sometime soon. Three months ago, AMD reported gross margins of 48%, up from 44% in the previous year.\nWhile AMD is referred to as Intel's \"smaller rival,\" that gap has been steadily closing for a while now. At Friday's close, AMD had a market cap of $145.34 billion, or nearly 73% of Intel's $200.66 billion. Just this past summer, AMD's $111.5 billion valuation was a little more than half Intel's $219.5 billion cap.\nOne other are to look at will be data-center sales, as finally swung to a gain in that important segment in the quarter. Over the past two quarters, Intel has posted significant year-over-year declines in the increasingly important category, while AMD has more than doubled its sales. That raises the question whether Intel clawed back some market share, or whether data-center sales were just generally better all around, which AMD's report could answer.\nWhat to expect\nEarnings: Of the 34 analysts surveyed by FactSet, AMD on average is expected to post adjusted earnings of 66 cents a share, up from 41 cents a share reported in the year-ago period. Estimize, a software platform that crowdsources estimates from hedge-fund executives, brokerages, buy-side analysts and others, calls for earnings of 72 cents a share.\nRevenue: Of the 32 analysts polled by FactSet, AMD, on average, is expected to post revenue of $4.11 billion, up from the $2.8 billion reported in the year-ago quarter. AMD had forecast $4 billion to $4.2 billion. Estimize expects revenue of $4.22 billion.\nStock movement: While AMD earnings and sales have both topped Wall Street estimates over the past five quarterly reports, but shares only gained the next day twice, about three months ago and when the stock popped nearly 13% five quarters ago.\nAMD shares rose 9.6% in the third quarter. In contrast, the PHLX Semiconductor Index declined 2.6%, the S&P 500 index rose 0.2%, and the tech-heavy Nasdaq Composite Index declined 0.4%. On Friday, the day after Intel's report, AMD shares closed at a record high of $119.82.\nWhat analysts are saying\nCowen analyst Matthew Ramsay, who has an outperform rating and a $120 price target on AMD, said he's \"lookin' for more of the same.\"\n\"We continue to monitor the PC market for signs of demand slowing or supply improving,\" Ramsay said. \"Near-term, we see resilient demand outside Chromebooks, but prefer a prudent/agnostic view on 2022 like AMD took on its last call.\"\nEarlier in the month, research firms released data showing that pandemic-fueled growth in PC shipments had slowed considerably as the world not only wrestles with a chip shortage but overall supply-chain issues.\nOn data-center sales, Ramsay is even more optimistic estimating that segment will account for more than 25% of sales compared with less than 20% a year ago.\n\"We believe datacenter passing a quarter of AMD's business could draw investor attention,\" Ramsay said. \"We remind investors that the most important business for AMD remains datacenter, which we estimate doubled in 2020, with CEO Lisa Su noting she sees the business momentum accelerating in 2021.\"\nSusquehanna Financial analyst Christopher Rolland, who has a positive rating and a $130 price target on AMD, said he expects another solid quarter driven by enterprise and server sales, but that \"given the slowing PC market, we do not expect mgmt to raise their FY top-line guidance as they have done in numerous updates over the last year.\"\nStill, Rolland expects AMD to report share gains from Intel in both desktop and laptop PCs as well as enterprise and gaming PCs.\nOf the 39 analysts who cover AMD, 23 have buy or overweight ratings, and 16 have hold ratings, with an average price target of $117.55.","news_type":1,"symbols_score_info":{"AMD":0.9}},"isVote":1,"tweetType":1,"viewCount":3476,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":828155379,"gmtCreate":1633873638819,"gmtModify":1633873638819,"author":{"id":"3558406829565752","authorId":"3558406829565752","name":"Jackiekat","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3558406829565752","authorIdStr":"3558406829565752"},"themes":[],"title":"","htmlText":"<a href=\"https://laohu8.com/S/UNH\">$UnitedHealth(UNH)$</a>Great","listText":"<a 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Ltd(SE)$</a>&nbsp;Up?&nbsp;","text":"$Sea Ltd(SE)$ Up?","images":[{"img":"https://static.tigerbbs.com/638d726634e7ae7b85f649f07b3628bc","width":"1080","height":"3660"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/821554925","isVote":1,"tweetType":1,"viewCount":226,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"CN","totalScore":0},{"id":841717163,"gmtCreate":1635942811355,"gmtModify":1635942811465,"author":{"id":"3558406829565752","authorId":"3558406829565752","name":"Jackiekat","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3558406829565752","authorIdStr":"3558406829565752"},"themes":[],"title":"","htmlText":"<a href=\"https://laohu8.com/S/FUTU\">$Futu Holdings Limited(FUTU)$</a>&nbsp;The time to invest in good stock&nbsp;","listText":"<a href=\"https://laohu8.com/S/FUTU\">$Futu Holdings Limited(FUTU)$</a>&nbsp;The time to invest in good stock&nbsp;","text":"$Futu Holdings Limited(FUTU)$ The time to invest in good stock","images":[{"img":"https://static.tigerbbs.com/d57e1d397ae19e80e9606a2e946e4f0c","width":"1080","height":"3660"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/841717163","isVote":1,"tweetType":1,"viewCount":4105,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"CN","totalScore":0},{"id":858657428,"gmtCreate":1635048440118,"gmtModify":1635048440285,"author":{"id":"3558406829565752","authorId":"3558406829565752","name":"Jackiekat","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3558406829565752","authorIdStr":"3558406829565752"},"themes":[],"title":"","htmlText":"<a href=\"https://laohu8.com/S/ICLN\">$iShares Global Clean Energy ETF(ICLN)$</a>&nbsp;Up.!","listText":"<a href=\"https://laohu8.com/S/ICLN\">$iShares Global Clean Energy ETF(ICLN)$</a>&nbsp;Up.!","text":"$iShares Global Clean Energy ETF(ICLN)$ Up.!","images":[{"img":"https://static.tigerbbs.com/9bd02ee14dea90f9a42037f4cc3b76dc","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/858657428","isVote":1,"tweetType":1,"viewCount":2118,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"CN","totalScore":0},{"id":828502248,"gmtCreate":1633920825655,"gmtModify":1633920825655,"author":{"id":"3558406829565752","authorId":"3558406829565752","name":"Jackiekat","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3558406829565752","authorIdStr":"3558406829565752"},"themes":[],"title":"","htmlText":"<a href=\"https://laohu8.com/S/ICLN\">$iShares Global Clean Energy ETF(ICLN)$</a>&nbsp;The time to go?&nbsp;","listText":"<a href=\"https://laohu8.com/S/ICLN\">$iShares Global Clean Energy ETF(ICLN)$</a>&nbsp;The time to go?&nbsp;","text":"$iShares Global Clean Energy ETF(ICLN)$ The time to go?","images":[{"img":"https://static.tigerbbs.com/829b7bbed973f823cfa279bb69e69562","width":"1080","height":"3543"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/828502248","isVote":1,"tweetType":1,"viewCount":572,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"CN","totalScore":0},{"id":828156775,"gmtCreate":1633873439128,"gmtModify":1633873439178,"author":{"id":"3558406829565752","authorId":"3558406829565752","name":"Jackiekat","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3558406829565752","authorIdStr":"3558406829565752"},"themes":[],"title":"","htmlText":"<a href=\"https://laohu8.com/S/SE\">$Sea Ltd(SE)$</a>&nbsp;Up?&nbsp;","listText":"<a href=\"https://laohu8.com/S/SE\">$Sea Ltd(SE)$</a>&nbsp;Up?&nbsp;","text":"$Sea Ltd(SE)$ Up?","images":[{"img":"https://static.tigerbbs.com/bc3506e61fbf3deb8837241a4c89efdc","width":"1080","height":"3660"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/828156775","isVote":1,"tweetType":1,"viewCount":322,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"CN","totalScore":0}],"lives":[]}