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TLC
2021-12-23
Okok
Are there any bubbles in Apple stock?<blockquote>苹果股票有泡沫吗?</blockquote>
TLC
2021-12-21
好
抱歉,原内容已删除
TLC
2021-12-21
Cool
抱歉,原内容已删除
TLC
2021-11-24
$Alibaba(09988)$
do i average down from here? Or more lows than the low now.......
TLC
2021-11-17
Ok
U.S. stock market drifts slightly lower to start Wednesday trade<blockquote>美国股市周三开盘小幅走低</blockquote>
TLC
2021-11-17
Cool
Man Utd off-pitch losses halves as crowds fill up Old Trafford<blockquote>老特拉福德挤满了人群,曼联场外输球减半</blockquote>
TLC
2021-11-09
$Marathon Digital Holdings Inc(MARA)$
gogogo
TLC
2021-11-06
Great or not
抱歉,原内容已删除
TLC
2021-11-05
Opsss
EV stocks dipped in morning trading<blockquote>电动汽车股早盘下跌</blockquote>
TLC
2021-11-05
Wow
Confluent stock surged 14% in morning trading<blockquote>Confluence股票早盘飙升14%</blockquote>
TLC
2021-10-19
$Marathon Digital Holdings Inc(MARA)$
gogogo
TLC
2021-10-16
Good good
抱歉,原内容已删除
TLC
2021-10-07
$SASSEUR REIT(CRPU.SI)$
guys, are you guys loading up more for this counter? Current price seems very low already ..
TLC
2021-09-07
Ok
抱歉,原内容已删除
TLC
2021-09-03
$Marathon Digital Holdings Inc(MARA)$
lets goooooo
TLC
2021-09-01
$Marathon Digital Holdings Inc(MARA)$
gogogo...
TLC
2021-08-23
Hmmmm
抱歉,原内容已删除
TLC
2021-08-21
$Marathon Digital Holdings Inc(MARA)$
还好稍微爬过山顶了,BTC要撑住啊
TLC
2021-08-17
Omg....
TLC
2021-08-17
Ok
How Can Amazon, Microsoft, Netflix, Spotify Gain From New Big Tech Bill?<blockquote>Amazon、微软、Netflix、Spotify如何从新的大型科技法案中获益?</blockquote>
去老虎APP查看更多动态
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11:40","market":"us","language":"en","title":"Are there any bubbles in Apple stock?<blockquote>苹果股票有泡沫吗?</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1164467804","media":"Seeking Alpha","summary":"Apple stock has risen 34% this year, beating the NASDAQ 100 by a wide margin.This has led some to say that the stock is in a bubble, as its price is rising rapidly.However, Apple's stock price gains are about in line with revenue growth, and actually slower than the most recent quarter's EPS growth.In this article, I will develop a bullish thesis on Apple, arguing that it has a wide moat that will power future growth and profitability.Apple Inc. stock has delivered a solid performance in 2021. U","content":"<p><b>Summary</b></p><p><blockquote><b>总结</b></blockquote></p><p> <ul> <li>Apple stock has risen 34% this year, beating the NASDAQ 100 by a wide margin.</li> <li>This has led some to say that the stock is in a bubble, as its price is rising rapidly.</li> <li>However, Apple's stock price gains are about in line with revenue growth, and actually slower than the most recent quarter's EPS growth.</li> <li>In this article, I will develop a bullish thesis on Apple, arguing that it has a wide moat that will power future growth and profitability.</li> </ul> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/9e9d29c6db997dd98e087415e7e2acfe\" tg-width=\"1536\" tg-height=\"1036\" referrerpolicy=\"no-referrer\"><span>Justin Sullivan/Getty Images News</span></p><p><blockquote><ul><li>苹果股价今年已上涨34%,大幅跑赢纳斯达克100指数。</li><li>这导致一些人说该股存在泡沫,因为其价格正在迅速上涨。</li><li>然而,苹果的股价涨幅与收入增长大致一致,实际上慢于最近一个季度的每股收益增长。</li><li>在本文中,我将对苹果提出看涨论点,认为它拥有宽阔的护城河,将推动未来的增长和盈利能力。</li></ul><p class=\"t-img-caption\"><span>贾斯汀·沙利文/盖蒂图片社新闻</span></p></blockquote></p><p> <b>Apple Inc.</b>(AAPL) stock has delivered a solid performance in 2021. Up 35% for the year, it has solidly outperformed both the NASDAQ 100 and the S&P 500. The latest in a long streak of winning years for the company, Apple’s 2021 shows that a stock is never too big to beat the market.</p><p><blockquote><b>苹果公司。</b>(AAPL)股票在2021年表现稳健。该指数今年上涨了35%,表现强劲,优于纳斯达克100指数和标普500。苹果的2021年业绩是该公司长期获胜的最新一年,它表明股票永远不会太大而无法击败市场。</blockquote></p><p> With that said, there’s no shortage of people who think Apple’s winning run is due for a correction. In recent weeks, we’ve seen a deluge of articles claiming that AAPL is overvalued, with titles like:</p><p><blockquote>话虽如此,仍有不少人认为苹果的胜利应该得到修正。最近几周,我们看到大量文章声称AAPL被高估,标题如下:</blockquote></p><p> <ul> <li><i>“Apple Stock is Now a Bubble.”</i></p><p><blockquote><ul><li><i>“苹果股票现在是泡沫。”</i></li></ul></blockquote></p><p></li> <li><i>“Why Apple Stock May Be a Bubble That’s Ready to Burst.”</i></p><p><blockquote><li><i>“为什么苹果股票可能是一个即将破裂的泡沫。”</i></li></blockquote></p><p></li> <li><i>“Sell AAPL? Why This Expert Sees Apple Stock Dipping 12%”</i></p><p><blockquote><li><i>“出售AAPL?为什么这位专家认为苹果股价下跌12%”</i></li></blockquote></p><p></li> </ul> Not all of these articles have been unambiguously bearish. A few mention positives along with negatives. But generally speaking, the sentiment that Apple is a bubble, or at least overvalued, is becoming common. If you look at TipRanks’ sentiment chart, it shows decisively negative sentiment toward Apple stock.</p><p><blockquote>并非所有这些文章都明确悲观。一些人提到了积极的一面和消极的一面。但总体而言,认为苹果是泡沫,或者至少被高估的情绪正在变得普遍。如果你看看TipRanks的情绪图表,就会发现对苹果股票的情绪明显负面。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/ce8357bc3eaf626336dbf12b2ff1f410\" tg-width=\"485\" tg-height=\"457\" referrerpolicy=\"no-referrer\"><span>Source: TipRanks’ sentiment chart</span></p><p><blockquote><p class=\"t-img-caption\"><span>资料来源:TipRanks情绪图</span></p></blockquote></p><p> The bearishness of investor sentiment toward Apple becomes clear when we compare it to the sentiment toward <b>Meta Platforms</b>(FB). Meta, a company that is being sued for antitrust violations and getting attacked in the press daily, has a nearly perfect sentiment score. So there is no special tech curse that guarantees negative sentiment toward individual stocks in the sector. Apple’s sentiment problem is indeed its own problem.</p><p><blockquote>当我们将投资者对苹果的悲观情绪与对<b>元平台</b>(FB)。Meta是一家因违反反垄断法而被起诉并每天受到媒体攻击的公司,其情绪得分几乎完美。因此,没有什么特殊的科技诅咒可以保证对该行业个股的负面情绪。苹果的情绪问题确实是自己的问题。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/68bc8cf3f8fc200c2b7a9c85e69cc9f2\" tg-width=\"488\" tg-height=\"461\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p> Which begs the question:</p><p><blockquote>这就引出了一个问题:</blockquote></p><p> <i>Why?</i></p><p><blockquote><i>为什么?</i></blockquote></p><p> Apple is a wide-moat stock, one of the few tech companies that controls both hardware and software for most of its users. Many companies have attempted to copy Apple’s strategy of maximizing revenue by integrating hardware and apps, but few have succeeded at it. If you want the IOS or Mac OS experience, you need an iPhone or Mac. And billions of people want those experiences enough to pay top dollar for Apple’s products. Few other tech companies have that advantage – <b>Nintendo</b>(OTCPK:NTDOY) being one exception, if you count gaming as tech.</p><p><blockquote>苹果是一只拥有宽护城河的股票,是少数几家同时控制大多数用户硬件和软件的科技公司之一。许多公司都试图复制苹果通过整合硬件和应用程序来实现收入最大化的策略,但很少有人成功。如果你想要IOS或Mac OS体验,你需要一部iPhone或Mac。数十亿人想要这些体验,足以支付高价购买苹果的产品。很少有其他科技公司拥有这样的优势——<b>任天堂</b>(OTCPK:NTDOY)如果您将游戏视为技术,则是一个例外。</blockquote></p><p> This makes Apple arguably a wide-moat stock. You need Apple hardware to run Apple software, and people like Apple software. This gives Apple a “monopoly” on a certain collection of software experiences. It does not have a monopoly on any particular device category, but it’s the only company that can provide the integrated Apple ecosystem.</p><p><blockquote>这使得苹果可以说是一只拥有宽阔护城河的股票。你需要苹果硬件来运行苹果软件,人们喜欢苹果软件。这使得苹果“垄断”了某一套软件体验。它并不垄断任何特定的设备类别,但它是唯一一家能够提供集成苹果生态系统的公司。</blockquote></p><p> This advantage has paid dividends to Apple shareholders – both figuratively and literally. Apple is the world’s biggest company by market cap and the fourth-biggest by revenue. Its revenue growth rate has slowed in recent years, but certain segments (such as watches and services) are growing faster than ever. It appears, then, that Apple still has the potential for significant profitability and growth. Accordingly, I’ll develop a bullish thesis on Apple in this article, arguing that its solid economic moat provides potential for its stock to appreciate in the future.</p><p><blockquote>这一优势为苹果股东带来了红利——无论是象征性的还是字面上的。按市值计算,苹果是全球最大的公司,按收入计算,它是全球第四大公司。近年来,其收入增长率有所放缓,但某些细分市场(如手表和服务)的增长速度比以往任何时候都快。因此,苹果似乎仍然具有显着盈利和增长的潜力。因此,我将在本文中对苹果提出看涨论点,认为其坚实的经济护城河为其股票未来升值提供了潜力。</blockquote></p><p> <b>Competitive Landscape</b></p><p><blockquote><b>竞争格局</b></blockquote></p><p> One of the most important things to understand about Apple is its competitive position. The company operates in such a wide variety of different markets that it’s hard to pin down its business beyond simply “tech.” Technically, the company’s SIC Code (industry classification) is 7372, denoting “prepackaged software.” However, this doesn’t capture the full extent of Apple’s business activities, as it’s also involved in hardware, semiconductors,payments and entertainment.</p><p><blockquote>了解苹果最重要的一点是它的竞争地位。该公司在如此广泛的不同市场开展业务,以至于很难确定其业务不仅仅是“技术”。从技术上讲,该公司的SIC代码(行业分类)是7372,表示“预打包软件”。然而,这并没有涵盖苹果业务活动的全部范围,因为它还涉及硬件、半导体、支付和娱乐。</blockquote></p><p> Some of Apple’s most noteworthy competitors include:</p><p><blockquote>苹果最值得注意的一些竞争对手包括:</blockquote></p><p> <ul> <li><b>Samsung</b>(OTC:SSNLF) - smartphones.</p><p><blockquote><ul><li><b>三星</b>(场外交易代码:SSNLF)-智能手机。</li></ul></blockquote></p><p></li> <li><b>Huawei</b>- smartphones.</p><p><blockquote><li><b>华为</b>-智能手机。</li></blockquote></p><p></li> <li><b>Alphabet</b>(GOOG) - smartphones, laptops, and software.</p><p><blockquote><li><b>Alphabet</b>(GOOG)-智能手机、笔记本电脑和软件。</li></blockquote></p><p></li> <li><b>Microsoft</b>(MSFT) - laptops.</p><p><blockquote><li><b>微软</b>(MSFT)-笔记本电脑。</li></blockquote></p><p></li> <li><b>Dell</b>(NYSE:DELL)- laptops.</p><p><blockquote><li><b>戴尔</b>(纽约证券交易所代码:戴尔)-笔记本电脑。</li></blockquote></p><p></li> <li><b>Adobe</b>(ADBE) - creative software.</p><p><blockquote><li><b>土坯</b>(ADBE)-创意软件。</li></blockquote></p><p></p><p></li> <li>And many more.</p><p><blockquote><li>还有更多。</li></blockquote></p><p></li> </ul> A comprehensive list of Apple’s competitors would be impossible to come up with, because the company operates in so many different verticals. In addition to all the names above, Apple is arguably in competition with the big semi companies, as it sells phones and laptops with Apple chips. Apple is one of the most comprehensive tech companies around, with a massive lineup of hardware, software and services, putting it in tacit competition with dozens of companies.</p><p><blockquote>苹果的竞争对手的全面名单是不可能的,因为该公司在许多不同的垂直领域开展业务。除了上述所有名称之外,苹果可以说还在与大型半导体公司竞争,因为它销售采用苹果芯片的手机和笔记本电脑。苹果是最全面的科技公司之一,拥有庞大的硬件、软件和服务阵容,使其与数十家公司展开默契竞争。</blockquote></p><p> How is Apple doing in the industries it competes in? According to Counterpoint Research and Statista, Apple’s market shares include:</p><p><blockquote>苹果在其竞争的行业中表现如何?根据Counterpoint Research和Statista的数据,苹果的市场份额包括:</blockquote></p><p> <ul> <li>Smartphones: 47% in the US and 14% globally.</p><p><blockquote><ul><li>智能手机:美国占47%,全球占14%。</li></ul></blockquote></p><p></li> <li>Laptops: 15% in the US and 7.6% globally.</p><p><blockquote><li>笔记本电脑:美国15%,全球7.6%。</li></blockquote></p><p></li> <li>Smartwatches: over 50% globally.</p><p><blockquote><li>智能手表:全球超过50%。</li></blockquote></p><p></li> <li>Tablets: 35% globally.</p><p><blockquote><li>平板电脑:全球35%。</li></blockquote></p><p></li> </ul> On the whole, Apple is in first or second place in most of its markets. It’s behind Samsung on smartphone sales but it leads in watches and tablets. This is a pretty good market position. And it could grow over time. Some of Apple’s product categories are still fairly new. The company only just recently broke into smart watches and sales in the category are growing at 50%. Apple has taken heat lately for its slowing growth, but certain products within the company’s lineup are growing faster than ever. This provides potential for strong growth well into the future.</p><p><blockquote>总体而言,苹果在其大部分市场都处于第一或第二的位置。它在智能手机销量方面落后于三星,但在手表和平板电脑方面领先。这是一个相当不错的市场地位。它可能会随着时间的推移而增长。苹果的一些产品类别仍然相当新。该公司最近才涉足智能手表领域,该类别的销售额正以50%的速度增长。苹果最近因增长放缓而受到批评,但该公司产品线中的某些产品增长速度比以往任何时候都快。这为未来的强劲增长提供了潜力。</blockquote></p><p> <b>The M1 Chip and Apple Services</b></p><p><blockquote><b>M1芯片和苹果服务</b></blockquote></p><p> Speaking of future growth, it’s worth exploring two of Apple’s most promising categories:</p><p><blockquote>说到未来的增长,值得探索苹果最有前途的两个类别:</blockquote></p><p> <i>The M1 Chip and Apple Services.</i></p><p><blockquote><i>M1芯片和苹果服务。</i></blockquote></p><p> The M1 Chip (really the M1 family of chips now) is a new chip designed by Apple based on ARM architecture. The base configuration boasts:</p><p><blockquote>M1芯片(现在实际上是M1家族芯片)是苹果基于ARM架构设计的新型芯片。基本配置拥有:</blockquote></p><p> <ul> <li>An 8-core CPU.</p><p><blockquote><ul><li>一个8核CPU。</li></ul></blockquote></p><p></li> <li>A 7-core GPU.</p><p><blockquote><li>7核GPU。</li></blockquote></p><p></li> <li>8 or 16 gigs of RAM (physically built into the chip).</p><p><blockquote><li>8或16 GB内存(物理内置在芯片中)。</li></blockquote></p><p></li> <li>5nm process.</p><p><blockquote><li>5nm工艺。</li></blockquote></p><p></li> <li>16 billion transistors.</p><p><blockquote><li>160亿个晶体管。</li></blockquote></p><p></li> <li>3.2 GHZ max clock rate.</p><p><blockquote><li>3.2 GHZ最大时钟速率。</li></blockquote></p><p></li> </ul> Incredible specs. And on top of that, there are two new models–the M1 Pro and M1 Max–that offer improvements on the base model. It would be tedious to list detailed spec sheets for these higher end models, but one eye-popping stat is the M1 Max’s 57 billion transistors. This competes with the CPUs included in extremely high end gaming PCs. And of course, that makes newer Macs themselves viable as gaming rigs, as countless YouTube reviewers have noted. Apple already has a sizable market share in laptops and desktops, but with the M1 chip family, it now has a shot at capturing the gaming segment as well. Until now, that market segment has proven elusive to Apple. So, there is significant potential for accelerating growth in Apple’s computer lineup.</p><p><blockquote>难以置信的规格。除此之外,还有两款新型号——M1 Pro和M1 Max——对基本型号进行了改进。列出这些高端型号的详细规格表会很乏味,但一个令人瞠目结舌的统计数据是M1 Max的570亿个晶体管。这与极高端游戏PC中包含的CPU竞争。当然,正如无数YouTube评论者指出的那样,这使得较新的MAC电脑本身可以作为游戏装备。苹果在笔记本电脑和台式机领域已经拥有相当大的市场份额,但凭借M1芯片系列,它现在也有机会占领游戏领域。到目前为止,事实证明,这一细分市场对苹果来说是难以捉摸的。因此,苹果电脑产品线的加速增长潜力巨大。</blockquote></p><p> Next up is Apple services. This is a broad category that includes streaming music, movies, books and more. This category is always expanding and could potentially drive more growth after hardware growth slows down. In the most recent quarter, service growth actually lagged product growth, at 25% vs 30% for the latter. However, services are promising because they’re a category that could continue to grow even after hardware products reach their total addressable market. Global smartphone sales have been flat-lining after years of strong growth. In this environment, it would be unrealistic to expect Apple’s hardware sales to grow as fast as they did in the past. But by selling more services to existing customers, Apple can keep growing its total revenue even as hardware sales underwhelm.</p><p><blockquote>接下来是苹果服务。这是一个广泛的类别,包括流媒体音乐、电影、书籍等。这一类别一直在扩大,并可能在硬件增长放缓后推动更多增长。在最近一个季度,服务增长实际上落后于产品增长,为25%,而后者为30%。然而,服务是有前途的,因为即使在硬件产品达到其总目标市场之后,它们也可以继续增长。经过多年的强劲增长,全球智能手机销量一直持平。在这种环境下,期望苹果的硬件销售像过去那样快速增长是不现实的。但通过向现有客户销售更多服务,苹果可以在硬件销售不佳的情况下保持总收入增长。</blockquote></p><p> <b>Financials and Valuation</b></p><p><blockquote><b>财务和估值</b></blockquote></p><p> Now we can turn to Apple’s financials.</p><p><blockquote>现在我们可以转向苹果的财务状况。</blockquote></p><p> Apple’s most recent quarter was a miss on both revenue and earnings; however, the results were strong in absolute terms. In the quarter, Apple delivered:</p><p><blockquote>苹果最近一个季度的收入和盈利均未达到预期;然而,从绝对值来看,结果是强劲的。本季度,苹果交付了:</blockquote></p><p> <ul> <li>$83 billion in revenue, up 29%.</p><p><blockquote><ul><li>营收830亿美元,增长29%。</li></ul></blockquote></p><p></li> <li>$27.3 billion in operating income, up 60%.</p><p><blockquote><li>营业收入273亿美元,增长60%。</li></blockquote></p><p></li> <li>$20.5 billion in net income, up 63%.</p><p><blockquote><li>净利润205亿美元,增长63%。</li></blockquote></p><p></li> <li>$1.24 in diluted EPS, up 69%.</p><p><blockquote><li>稀释后每股收益为1.24美元,增长69%。</li></blockquote></p><p></li> </ul> The company also reported $104 billion in TTM cash from operations in its fourth quarter report. That was up 28% from the year before.</p><p><blockquote>该公司还在第四季度报告中报告了1040亿美元的TTM运营现金。这比去年增长了28%。</blockquote></p><p> These were pretty solid results. Especially for a mature company. Apple is the biggest company in the world by market cap, yet its revenue and earnings are both up by growth stock levels. And this one quarter wasn’t a fluke. According to Seeking Alpha Quant, Apple’s five-year CAGR growth rates in the metrics listed above are:</p><p><blockquote>这些都是相当可靠的结果。尤其是对于一家成熟的公司来说。按市值计算,苹果是世界上最大的公司,但其收入和盈利均以成长型股票的水平增长。这一个季度并非侥幸。根据Seeking Alpha Quant的数据,苹果上述指标的五年复合年增长率为:</blockquote></p><p> <ul> <li>Revenue: 11%.</p><p><blockquote><ul><li>收入:11%。</li></ul></blockquote></p><p></li> <li>Operating income: 12.7%.</p><p><blockquote><li>营业收入:12.7%。</li></blockquote></p><p></li> <li>Net income: 15.7%.</p><p><blockquote><li>净利润:15.7%。</li></blockquote></p><p></li> <li>Diluted EPS: 22%.</p><p><blockquote><li>稀释后每股收益:22%。</li></blockquote></p><p></li> <li>Cash flow: 10.7%.</p><p><blockquote><li>现金流:10.7%。</li></blockquote></p><p></li> </ul> Again very solid for a mature company. It does look like the most recent quarter was better than average, but the long-term metrics are still very good. Which gets to the heart of this article’s thesis:</p><p><blockquote>对于一家成熟的公司来说,这也是非常可靠的。最近一个季度看起来确实好于平均水平,但长期指标仍然非常好。这就抓住了本文论点的核心:</blockquote></p><p></p><p> Apple is definitely not a bubble stock. Its valuation is fairly steep, as it trades at 30 times earnings, 7.7 times sales, and 26 times cash flow. But the company still has plenty of growth potential. Compounded annually, its earnings are growing at 22%, and as the most recent quarter showed, it has room for acceleration. If you factor in both growth and value, you get a PEG ratio of just 0.43 for the trailing 12-month period. That’s far from a bubble valuation. In fact, it looks downright cheap.</p><p><blockquote>苹果绝对不是泡沫股。其估值相当高,市盈率为30倍,销售额为7.7倍,现金流为26倍。但该公司仍有很大的增长潜力。按年复合计算,其盈利以22%的速度增长,正如最近一个季度所显示的那样,它还有加速的空间。如果同时考虑增长和价值,过去12个月的PEG比率仅为0.43。这远非泡沫估值。事实上,它看起来非常便宜。</blockquote></p><p> <b>Risks and Challenges</b></p><p><blockquote><b>风险与挑战</b></blockquote></p><p> While Apple is definitely an ultra-profitable company with strong growth and a moderate valuation, its stock is not without its risks. As a major hardware company, it is vulnerable to supply chain issues, and other shocks. Some major risks and challenges to the bullish thesis outlined in this article include:</p><p><blockquote>虽然苹果绝对是一家增长强劲、估值适中的超盈利公司,但其股票并非没有风险。作为一家主要的硬件公司,它很容易受到供应链问题和其他冲击的影响。本文概述的看涨论点面临的一些主要风险和挑战包括:</blockquote></p><p> <ul> <li><b>Supply chain issues.</b>The world is currently going through a chip shortage, as well as shortages of various other hi-tech parts. These problems are affecting Apple. Just recently, the company slashed iPhone production because of supply chain issues. That right before the crucial Holiday season, no less. These kinds of problems are an ever-present threat for a hardware company like Apple, which depends on a ready supply of raw materials to keep sales flowing.</p><p><blockquote><ul><li><b>供应链问题。</b>世界目前正在经历芯片短缺,以及各种其他高科技部件的短缺。这些问题正在影响苹果。就在最近,由于供应链问题,该公司大幅削减了iPhone产量。就在关键的假期之前。对于像苹果这样的硬件公司来说,这类问题是一个始终存在的威胁,该公司依赖于现成的原材料供应来保持销售流动。</li></ul></blockquote></p><p></li> <li><b>Scale.</b>Mathematically, the bigger something gets, the larger of an increase is needed to drive percentage gains equal to past ones. If you start selling $1,000 widgets and sell one your first year, you double your sales just by selling $2,000 worth the next year. If, however, ten years later, you’re selling $332 billion worth, you need customers to come up with $664 billion in the eleventh year to achieve the same growth. This is mathematically unlikely. And as it just so happens, Apple’s $83 billion Q4 revenue annualizes to $332 billion. So growth will be harder to achieve going forward.</p><p><blockquote><li><b>比例。</b>从数学上讲,某物变得越大,需要的增幅就越大,才能推动与过去持平的百分比增长。如果你开始销售1000美元的小工具,第一年就卖出了一个,那么第二年只要卖出价值2000美元的小工具,你的销售额就会翻倍。然而,如果十年后,你的销售额为3320亿美元,你需要客户在第十一年拿出6640亿美元来实现同样的增长。这在数学上是不太可能的。碰巧的是,苹果第四季度830亿美元的年收入达到了3320亿美元。因此,未来将更难实现增长。</li></blockquote></p><p></li> <li><b>Disruption.</b>Apple’s business model requires that it stay on the leading edge of tech innovation. If another company comes out with something decisively superior to the iPhone, that could kill Apple’s business overnight. Apple itself did this once, to <b>BlackBerry</b>(BB), makers of the ill-fated BlackBerry Smartphone. The history of the tech industry is littered with companies eating each other's lunch, and while Apple has billions to spend on R&D, you never know where the next threat will come from.</p><p><blockquote><li><b>中断。</b>苹果的商业模式要求它保持在技术创新的前沿。如果另一家公司推出了明显优于iPhone的产品,这可能会在一夜之间扼杀苹果的业务。苹果自己也做过一次,为了<b>黑莓</b>(BB),命运多舛的黑莓智能手机制造商。科技行业的历史上充斥着公司互相吃午餐的情况,尽管苹果在研发上投入了数十亿美元,但你永远不知道下一个威胁会来自哪里。</li></blockquote></p><p></li> </ul> The above are some very real risks for investors to keep in mind. The supply chain risk, in particular, is very real, having been cited as a problem in several quarterly reports. With that said, Apple stock has an incredible moat, decent growth, and a not-unreasonable valuation. This is definitely not a stock to short. And while the gains realized by longs will not be as good in the future as they were in the past, they should still be decent.</p><p><blockquote>以上是投资者需要牢记的一些非常真实的风险。尤其是供应链风险是非常真实的,在几份季度报告中都被认为是一个问题。话虽如此,苹果股票拥有令人难以置信的护城河、良好的增长和并非不合理的估值。这绝对不是一只值得做空的股票。虽然多头实现的收益在未来不会像过去那么好,但它们应该仍然不错。</blockquote></p><p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Are there any bubbles in Apple stock?<blockquote>苹果股票有泡沫吗?</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\">\nAre there any bubbles in Apple stock?<blockquote>苹果股票有泡沫吗?</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Seeking Alpha</strong><span class=\"h-time small\">2021-12-23 11:40</span>\n</p>\n</h4>\n</header>\n<article>\n<p><b>Summary</b></p><p><blockquote><b>总结</b></blockquote></p><p> <ul> <li>Apple stock has risen 34% this year, beating the NASDAQ 100 by a wide margin.</li> <li>This has led some to say that the stock is in a bubble, as its price is rising rapidly.</li> <li>However, Apple's stock price gains are about in line with revenue growth, and actually slower than the most recent quarter's EPS growth.</li> <li>In this article, I will develop a bullish thesis on Apple, arguing that it has a wide moat that will power future growth and profitability.</li> </ul> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/9e9d29c6db997dd98e087415e7e2acfe\" tg-width=\"1536\" tg-height=\"1036\" referrerpolicy=\"no-referrer\"><span>Justin Sullivan/Getty Images News</span></p><p><blockquote><ul><li>苹果股价今年已上涨34%,大幅跑赢纳斯达克100指数。</li><li>这导致一些人说该股存在泡沫,因为其价格正在迅速上涨。</li><li>然而,苹果的股价涨幅与收入增长大致一致,实际上慢于最近一个季度的每股收益增长。</li><li>在本文中,我将对苹果提出看涨论点,认为它拥有宽阔的护城河,将推动未来的增长和盈利能力。</li></ul><p class=\"t-img-caption\"><span>贾斯汀·沙利文/盖蒂图片社新闻</span></p></blockquote></p><p> <b>Apple Inc.</b>(AAPL) stock has delivered a solid performance in 2021. Up 35% for the year, it has solidly outperformed both the NASDAQ 100 and the S&P 500. The latest in a long streak of winning years for the company, Apple’s 2021 shows that a stock is never too big to beat the market.</p><p><blockquote><b>苹果公司。</b>(AAPL)股票在2021年表现稳健。该指数今年上涨了35%,表现强劲,优于纳斯达克100指数和标普500。苹果的2021年业绩是该公司长期获胜的最新一年,它表明股票永远不会太大而无法击败市场。</blockquote></p><p> With that said, there’s no shortage of people who think Apple’s winning run is due for a correction. In recent weeks, we’ve seen a deluge of articles claiming that AAPL is overvalued, with titles like:</p><p><blockquote>话虽如此,仍有不少人认为苹果的胜利应该得到修正。最近几周,我们看到大量文章声称AAPL被高估,标题如下:</blockquote></p><p> <ul> <li><i>“Apple Stock is Now a Bubble.”</i></p><p><blockquote><ul><li><i>“苹果股票现在是泡沫。”</i></li></ul></blockquote></p><p></li> <li><i>“Why Apple Stock May Be a Bubble That’s Ready to Burst.”</i></p><p><blockquote><li><i>“为什么苹果股票可能是一个即将破裂的泡沫。”</i></li></blockquote></p><p></li> <li><i>“Sell AAPL? Why This Expert Sees Apple Stock Dipping 12%”</i></p><p><blockquote><li><i>“出售AAPL?为什么这位专家认为苹果股价下跌12%”</i></li></blockquote></p><p></li> </ul> Not all of these articles have been unambiguously bearish. A few mention positives along with negatives. But generally speaking, the sentiment that Apple is a bubble, or at least overvalued, is becoming common. If you look at TipRanks’ sentiment chart, it shows decisively negative sentiment toward Apple stock.</p><p><blockquote>并非所有这些文章都明确悲观。一些人提到了积极的一面和消极的一面。但总体而言,认为苹果是泡沫,或者至少被高估的情绪正在变得普遍。如果你看看TipRanks的情绪图表,就会发现对苹果股票的情绪明显负面。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/ce8357bc3eaf626336dbf12b2ff1f410\" tg-width=\"485\" tg-height=\"457\" referrerpolicy=\"no-referrer\"><span>Source: TipRanks’ sentiment chart</span></p><p><blockquote><p class=\"t-img-caption\"><span>资料来源:TipRanks情绪图</span></p></blockquote></p><p> The bearishness of investor sentiment toward Apple becomes clear when we compare it to the sentiment toward <b>Meta Platforms</b>(FB). Meta, a company that is being sued for antitrust violations and getting attacked in the press daily, has a nearly perfect sentiment score. So there is no special tech curse that guarantees negative sentiment toward individual stocks in the sector. Apple’s sentiment problem is indeed its own problem.</p><p><blockquote>当我们将投资者对苹果的悲观情绪与对<b>元平台</b>(FB)。Meta是一家因违反反垄断法而被起诉并每天受到媒体攻击的公司,其情绪得分几乎完美。因此,没有什么特殊的科技诅咒可以保证对该行业个股的负面情绪。苹果的情绪问题确实是自己的问题。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/68bc8cf3f8fc200c2b7a9c85e69cc9f2\" tg-width=\"488\" tg-height=\"461\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p> Which begs the question:</p><p><blockquote>这就引出了一个问题:</blockquote></p><p> <i>Why?</i></p><p><blockquote><i>为什么?</i></blockquote></p><p> Apple is a wide-moat stock, one of the few tech companies that controls both hardware and software for most of its users. Many companies have attempted to copy Apple’s strategy of maximizing revenue by integrating hardware and apps, but few have succeeded at it. If you want the IOS or Mac OS experience, you need an iPhone or Mac. And billions of people want those experiences enough to pay top dollar for Apple’s products. Few other tech companies have that advantage – <b>Nintendo</b>(OTCPK:NTDOY) being one exception, if you count gaming as tech.</p><p><blockquote>苹果是一只拥有宽护城河的股票,是少数几家同时控制大多数用户硬件和软件的科技公司之一。许多公司都试图复制苹果通过整合硬件和应用程序来实现收入最大化的策略,但很少有人成功。如果你想要IOS或Mac OS体验,你需要一部iPhone或Mac。数十亿人想要这些体验,足以支付高价购买苹果的产品。很少有其他科技公司拥有这样的优势——<b>任天堂</b>(OTCPK:NTDOY)如果您将游戏视为技术,则是一个例外。</blockquote></p><p> This makes Apple arguably a wide-moat stock. You need Apple hardware to run Apple software, and people like Apple software. This gives Apple a “monopoly” on a certain collection of software experiences. It does not have a monopoly on any particular device category, but it’s the only company that can provide the integrated Apple ecosystem.</p><p><blockquote>这使得苹果可以说是一只拥有宽阔护城河的股票。你需要苹果硬件来运行苹果软件,人们喜欢苹果软件。这使得苹果“垄断”了某一套软件体验。它并不垄断任何特定的设备类别,但它是唯一一家能够提供集成苹果生态系统的公司。</blockquote></p><p> This advantage has paid dividends to Apple shareholders – both figuratively and literally. Apple is the world’s biggest company by market cap and the fourth-biggest by revenue. Its revenue growth rate has slowed in recent years, but certain segments (such as watches and services) are growing faster than ever. It appears, then, that Apple still has the potential for significant profitability and growth. Accordingly, I’ll develop a bullish thesis on Apple in this article, arguing that its solid economic moat provides potential for its stock to appreciate in the future.</p><p><blockquote>这一优势为苹果股东带来了红利——无论是象征性的还是字面上的。按市值计算,苹果是全球最大的公司,按收入计算,它是全球第四大公司。近年来,其收入增长率有所放缓,但某些细分市场(如手表和服务)的增长速度比以往任何时候都快。因此,苹果似乎仍然具有显着盈利和增长的潜力。因此,我将在本文中对苹果提出看涨论点,认为其坚实的经济护城河为其股票未来升值提供了潜力。</blockquote></p><p> <b>Competitive Landscape</b></p><p><blockquote><b>竞争格局</b></blockquote></p><p> One of the most important things to understand about Apple is its competitive position. The company operates in such a wide variety of different markets that it’s hard to pin down its business beyond simply “tech.” Technically, the company’s SIC Code (industry classification) is 7372, denoting “prepackaged software.” However, this doesn’t capture the full extent of Apple’s business activities, as it’s also involved in hardware, semiconductors,payments and entertainment.</p><p><blockquote>了解苹果最重要的一点是它的竞争地位。该公司在如此广泛的不同市场开展业务,以至于很难确定其业务不仅仅是“技术”。从技术上讲,该公司的SIC代码(行业分类)是7372,表示“预打包软件”。然而,这并没有涵盖苹果业务活动的全部范围,因为它还涉及硬件、半导体、支付和娱乐。</blockquote></p><p> Some of Apple’s most noteworthy competitors include:</p><p><blockquote>苹果最值得注意的一些竞争对手包括:</blockquote></p><p> <ul> <li><b>Samsung</b>(OTC:SSNLF) - smartphones.</p><p><blockquote><ul><li><b>三星</b>(场外交易代码:SSNLF)-智能手机。</li></ul></blockquote></p><p></li> <li><b>Huawei</b>- smartphones.</p><p><blockquote><li><b>华为</b>-智能手机。</li></blockquote></p><p></li> <li><b>Alphabet</b>(GOOG) - smartphones, laptops, and software.</p><p><blockquote><li><b>Alphabet</b>(GOOG)-智能手机、笔记本电脑和软件。</li></blockquote></p><p></li> <li><b>Microsoft</b>(MSFT) - laptops.</p><p><blockquote><li><b>微软</b>(MSFT)-笔记本电脑。</li></blockquote></p><p></li> <li><b>Dell</b>(NYSE:DELL)- laptops.</p><p><blockquote><li><b>戴尔</b>(纽约证券交易所代码:戴尔)-笔记本电脑。</li></blockquote></p><p></li> <li><b>Adobe</b>(ADBE) - creative software.</p><p><blockquote><li><b>土坯</b>(ADBE)-创意软件。</li></blockquote></p><p></p><p></li> <li>And many more.</p><p><blockquote><li>还有更多。</li></blockquote></p><p></li> </ul> A comprehensive list of Apple’s competitors would be impossible to come up with, because the company operates in so many different verticals. In addition to all the names above, Apple is arguably in competition with the big semi companies, as it sells phones and laptops with Apple chips. Apple is one of the most comprehensive tech companies around, with a massive lineup of hardware, software and services, putting it in tacit competition with dozens of companies.</p><p><blockquote>苹果的竞争对手的全面名单是不可能的,因为该公司在许多不同的垂直领域开展业务。除了上述所有名称之外,苹果可以说还在与大型半导体公司竞争,因为它销售采用苹果芯片的手机和笔记本电脑。苹果是最全面的科技公司之一,拥有庞大的硬件、软件和服务阵容,使其与数十家公司展开默契竞争。</blockquote></p><p> How is Apple doing in the industries it competes in? According to Counterpoint Research and Statista, Apple’s market shares include:</p><p><blockquote>苹果在其竞争的行业中表现如何?根据Counterpoint Research和Statista的数据,苹果的市场份额包括:</blockquote></p><p> <ul> <li>Smartphones: 47% in the US and 14% globally.</p><p><blockquote><ul><li>智能手机:美国占47%,全球占14%。</li></ul></blockquote></p><p></li> <li>Laptops: 15% in the US and 7.6% globally.</p><p><blockquote><li>笔记本电脑:美国15%,全球7.6%。</li></blockquote></p><p></li> <li>Smartwatches: over 50% globally.</p><p><blockquote><li>智能手表:全球超过50%。</li></blockquote></p><p></li> <li>Tablets: 35% globally.</p><p><blockquote><li>平板电脑:全球35%。</li></blockquote></p><p></li> </ul> On the whole, Apple is in first or second place in most of its markets. It’s behind Samsung on smartphone sales but it leads in watches and tablets. This is a pretty good market position. And it could grow over time. Some of Apple’s product categories are still fairly new. The company only just recently broke into smart watches and sales in the category are growing at 50%. Apple has taken heat lately for its slowing growth, but certain products within the company’s lineup are growing faster than ever. This provides potential for strong growth well into the future.</p><p><blockquote>总体而言,苹果在其大部分市场都处于第一或第二的位置。它在智能手机销量方面落后于三星,但在手表和平板电脑方面领先。这是一个相当不错的市场地位。它可能会随着时间的推移而增长。苹果的一些产品类别仍然相当新。该公司最近才涉足智能手表领域,该类别的销售额正以50%的速度增长。苹果最近因增长放缓而受到批评,但该公司产品线中的某些产品增长速度比以往任何时候都快。这为未来的强劲增长提供了潜力。</blockquote></p><p> <b>The M1 Chip and Apple Services</b></p><p><blockquote><b>M1芯片和苹果服务</b></blockquote></p><p> Speaking of future growth, it’s worth exploring two of Apple’s most promising categories:</p><p><blockquote>说到未来的增长,值得探索苹果最有前途的两个类别:</blockquote></p><p> <i>The M1 Chip and Apple Services.</i></p><p><blockquote><i>M1芯片和苹果服务。</i></blockquote></p><p> The M1 Chip (really the M1 family of chips now) is a new chip designed by Apple based on ARM architecture. The base configuration boasts:</p><p><blockquote>M1芯片(现在实际上是M1家族芯片)是苹果基于ARM架构设计的新型芯片。基本配置拥有:</blockquote></p><p> <ul> <li>An 8-core CPU.</p><p><blockquote><ul><li>一个8核CPU。</li></ul></blockquote></p><p></li> <li>A 7-core GPU.</p><p><blockquote><li>7核GPU。</li></blockquote></p><p></li> <li>8 or 16 gigs of RAM (physically built into the chip).</p><p><blockquote><li>8或16 GB内存(物理内置在芯片中)。</li></blockquote></p><p></li> <li>5nm process.</p><p><blockquote><li>5nm工艺。</li></blockquote></p><p></li> <li>16 billion transistors.</p><p><blockquote><li>160亿个晶体管。</li></blockquote></p><p></li> <li>3.2 GHZ max clock rate.</p><p><blockquote><li>3.2 GHZ最大时钟速率。</li></blockquote></p><p></li> </ul> Incredible specs. And on top of that, there are two new models–the M1 Pro and M1 Max–that offer improvements on the base model. It would be tedious to list detailed spec sheets for these higher end models, but one eye-popping stat is the M1 Max’s 57 billion transistors. This competes with the CPUs included in extremely high end gaming PCs. And of course, that makes newer Macs themselves viable as gaming rigs, as countless YouTube reviewers have noted. Apple already has a sizable market share in laptops and desktops, but with the M1 chip family, it now has a shot at capturing the gaming segment as well. Until now, that market segment has proven elusive to Apple. So, there is significant potential for accelerating growth in Apple’s computer lineup.</p><p><blockquote>难以置信的规格。除此之外,还有两款新型号——M1 Pro和M1 Max——对基本型号进行了改进。列出这些高端型号的详细规格表会很乏味,但一个令人瞠目结舌的统计数据是M1 Max的570亿个晶体管。这与极高端游戏PC中包含的CPU竞争。当然,正如无数YouTube评论者指出的那样,这使得较新的MAC电脑本身可以作为游戏装备。苹果在笔记本电脑和台式机领域已经拥有相当大的市场份额,但凭借M1芯片系列,它现在也有机会占领游戏领域。到目前为止,事实证明,这一细分市场对苹果来说是难以捉摸的。因此,苹果电脑产品线的加速增长潜力巨大。</blockquote></p><p> Next up is Apple services. This is a broad category that includes streaming music, movies, books and more. This category is always expanding and could potentially drive more growth after hardware growth slows down. In the most recent quarter, service growth actually lagged product growth, at 25% vs 30% for the latter. However, services are promising because they’re a category that could continue to grow even after hardware products reach their total addressable market. Global smartphone sales have been flat-lining after years of strong growth. In this environment, it would be unrealistic to expect Apple’s hardware sales to grow as fast as they did in the past. But by selling more services to existing customers, Apple can keep growing its total revenue even as hardware sales underwhelm.</p><p><blockquote>接下来是苹果服务。这是一个广泛的类别,包括流媒体音乐、电影、书籍等。这一类别一直在扩大,并可能在硬件增长放缓后推动更多增长。在最近一个季度,服务增长实际上落后于产品增长,为25%,而后者为30%。然而,服务是有前途的,因为即使在硬件产品达到其总目标市场之后,它们也可以继续增长。经过多年的强劲增长,全球智能手机销量一直持平。在这种环境下,期望苹果的硬件销售像过去那样快速增长是不现实的。但通过向现有客户销售更多服务,苹果可以在硬件销售不佳的情况下保持总收入增长。</blockquote></p><p> <b>Financials and Valuation</b></p><p><blockquote><b>财务和估值</b></blockquote></p><p> Now we can turn to Apple’s financials.</p><p><blockquote>现在我们可以转向苹果的财务状况。</blockquote></p><p> Apple’s most recent quarter was a miss on both revenue and earnings; however, the results were strong in absolute terms. In the quarter, Apple delivered:</p><p><blockquote>苹果最近一个季度的收入和盈利均未达到预期;然而,从绝对值来看,结果是强劲的。本季度,苹果交付了:</blockquote></p><p> <ul> <li>$83 billion in revenue, up 29%.</p><p><blockquote><ul><li>营收830亿美元,增长29%。</li></ul></blockquote></p><p></li> <li>$27.3 billion in operating income, up 60%.</p><p><blockquote><li>营业收入273亿美元,增长60%。</li></blockquote></p><p></li> <li>$20.5 billion in net income, up 63%.</p><p><blockquote><li>净利润205亿美元,增长63%。</li></blockquote></p><p></li> <li>$1.24 in diluted EPS, up 69%.</p><p><blockquote><li>稀释后每股收益为1.24美元,增长69%。</li></blockquote></p><p></li> </ul> The company also reported $104 billion in TTM cash from operations in its fourth quarter report. That was up 28% from the year before.</p><p><blockquote>该公司还在第四季度报告中报告了1040亿美元的TTM运营现金。这比去年增长了28%。</blockquote></p><p> These were pretty solid results. Especially for a mature company. Apple is the biggest company in the world by market cap, yet its revenue and earnings are both up by growth stock levels. And this one quarter wasn’t a fluke. According to Seeking Alpha Quant, Apple’s five-year CAGR growth rates in the metrics listed above are:</p><p><blockquote>这些都是相当可靠的结果。尤其是对于一家成熟的公司来说。按市值计算,苹果是世界上最大的公司,但其收入和盈利均以成长型股票的水平增长。这一个季度并非侥幸。根据Seeking Alpha Quant的数据,苹果上述指标的五年复合年增长率为:</blockquote></p><p> <ul> <li>Revenue: 11%.</p><p><blockquote><ul><li>收入:11%。</li></ul></blockquote></p><p></li> <li>Operating income: 12.7%.</p><p><blockquote><li>营业收入:12.7%。</li></blockquote></p><p></li> <li>Net income: 15.7%.</p><p><blockquote><li>净利润:15.7%。</li></blockquote></p><p></li> <li>Diluted EPS: 22%.</p><p><blockquote><li>稀释后每股收益:22%。</li></blockquote></p><p></li> <li>Cash flow: 10.7%.</p><p><blockquote><li>现金流:10.7%。</li></blockquote></p><p></li> </ul> Again very solid for a mature company. It does look like the most recent quarter was better than average, but the long-term metrics are still very good. Which gets to the heart of this article’s thesis:</p><p><blockquote>对于一家成熟的公司来说,这也是非常可靠的。最近一个季度看起来确实好于平均水平,但长期指标仍然非常好。这就抓住了本文论点的核心:</blockquote></p><p></p><p> Apple is definitely not a bubble stock. Its valuation is fairly steep, as it trades at 30 times earnings, 7.7 times sales, and 26 times cash flow. But the company still has plenty of growth potential. Compounded annually, its earnings are growing at 22%, and as the most recent quarter showed, it has room for acceleration. If you factor in both growth and value, you get a PEG ratio of just 0.43 for the trailing 12-month period. That’s far from a bubble valuation. In fact, it looks downright cheap.</p><p><blockquote>苹果绝对不是泡沫股。其估值相当高,市盈率为30倍,销售额为7.7倍,现金流为26倍。但该公司仍有很大的增长潜力。按年复合计算,其盈利以22%的速度增长,正如最近一个季度所显示的那样,它还有加速的空间。如果同时考虑增长和价值,过去12个月的PEG比率仅为0.43。这远非泡沫估值。事实上,它看起来非常便宜。</blockquote></p><p> <b>Risks and Challenges</b></p><p><blockquote><b>风险与挑战</b></blockquote></p><p> While Apple is definitely an ultra-profitable company with strong growth and a moderate valuation, its stock is not without its risks. As a major hardware company, it is vulnerable to supply chain issues, and other shocks. Some major risks and challenges to the bullish thesis outlined in this article include:</p><p><blockquote>虽然苹果绝对是一家增长强劲、估值适中的超盈利公司,但其股票并非没有风险。作为一家主要的硬件公司,它很容易受到供应链问题和其他冲击的影响。本文概述的看涨论点面临的一些主要风险和挑战包括:</blockquote></p><p> <ul> <li><b>Supply chain issues.</b>The world is currently going through a chip shortage, as well as shortages of various other hi-tech parts. These problems are affecting Apple. Just recently, the company slashed iPhone production because of supply chain issues. That right before the crucial Holiday season, no less. These kinds of problems are an ever-present threat for a hardware company like Apple, which depends on a ready supply of raw materials to keep sales flowing.</p><p><blockquote><ul><li><b>供应链问题。</b>世界目前正在经历芯片短缺,以及各种其他高科技部件的短缺。这些问题正在影响苹果。就在最近,由于供应链问题,该公司大幅削减了iPhone产量。就在关键的假期之前。对于像苹果这样的硬件公司来说,这类问题是一个始终存在的威胁,该公司依赖于现成的原材料供应来保持销售流动。</li></ul></blockquote></p><p></li> <li><b>Scale.</b>Mathematically, the bigger something gets, the larger of an increase is needed to drive percentage gains equal to past ones. If you start selling $1,000 widgets and sell one your first year, you double your sales just by selling $2,000 worth the next year. If, however, ten years later, you’re selling $332 billion worth, you need customers to come up with $664 billion in the eleventh year to achieve the same growth. This is mathematically unlikely. And as it just so happens, Apple’s $83 billion Q4 revenue annualizes to $332 billion. So growth will be harder to achieve going forward.</p><p><blockquote><li><b>比例。</b>从数学上讲,某物变得越大,需要的增幅就越大,才能推动与过去持平的百分比增长。如果你开始销售1000美元的小工具,第一年就卖出了一个,那么第二年只要卖出价值2000美元的小工具,你的销售额就会翻倍。然而,如果十年后,你的销售额为3320亿美元,你需要客户在第十一年拿出6640亿美元来实现同样的增长。这在数学上是不太可能的。碰巧的是,苹果第四季度830亿美元的年收入达到了3320亿美元。因此,未来将更难实现增长。</li></blockquote></p><p></li> <li><b>Disruption.</b>Apple’s business model requires that it stay on the leading edge of tech innovation. If another company comes out with something decisively superior to the iPhone, that could kill Apple’s business overnight. Apple itself did this once, to <b>BlackBerry</b>(BB), makers of the ill-fated BlackBerry Smartphone. The history of the tech industry is littered with companies eating each other's lunch, and while Apple has billions to spend on R&D, you never know where the next threat will come from.</p><p><blockquote><li><b>中断。</b>苹果的商业模式要求它保持在技术创新的前沿。如果另一家公司推出了明显优于iPhone的产品,这可能会在一夜之间扼杀苹果的业务。苹果自己也做过一次,为了<b>黑莓</b>(BB),命运多舛的黑莓智能手机制造商。科技行业的历史上充斥着公司互相吃午餐的情况,尽管苹果在研发上投入了数十亿美元,但你永远不知道下一个威胁会来自哪里。</li></blockquote></p><p></li> </ul> The above are some very real risks for investors to keep in mind. The supply chain risk, in particular, is very real, having been cited as a problem in several quarterly reports. With that said, Apple stock has an incredible moat, decent growth, and a not-unreasonable valuation. This is definitely not a stock to short. And while the gains realized by longs will not be as good in the future as they were in the past, they should still be decent.</p><p><blockquote>以上是投资者需要牢记的一些非常真实的风险。尤其是供应链风险是非常真实的,在几份季度报告中都被认为是一个问题。话虽如此,苹果股票拥有令人难以置信的护城河、良好的增长和并非不合理的估值。这绝对不是一只值得做空的股票。虽然多头实现的收益在未来不会像过去那么好,但它们应该仍然不错。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源:<a href=\"https://seekingalpha.com/article/4476363-apple-stock-no-bubble\">Seeking Alpha</a></p>\n<p>为提升您的阅读体验,我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果"},"source_url":"https://seekingalpha.com/article/4476363-apple-stock-no-bubble","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1164467804","content_text":"Summary\n\nApple stock has risen 34% this year, beating the NASDAQ 100 by a wide margin.\nThis has led some to say that the stock is in a bubble, as its price is rising rapidly.\nHowever, Apple's stock price gains are about in line with revenue growth, and actually slower than the most recent quarter's EPS growth.\nIn this article, I will develop a bullish thesis on Apple, arguing that it has a wide moat that will power future growth and profitability.\n\nJustin Sullivan/Getty Images News\nApple Inc.(AAPL) stock has delivered a solid performance in 2021. Up 35% for the year, it has solidly outperformed both the NASDAQ 100 and the S&P 500. The latest in a long streak of winning years for the company, Apple’s 2021 shows that a stock is never too big to beat the market.\nWith that said, there’s no shortage of people who think Apple’s winning run is due for a correction. In recent weeks, we’ve seen a deluge of articles claiming that AAPL is overvalued, with titles like:\n\n“Apple Stock is Now a Bubble.”\n“Why Apple Stock May Be a Bubble That’s Ready to Burst.”\n“Sell AAPL? Why This Expert Sees Apple Stock Dipping 12%”\n\nNot all of these articles have been unambiguously bearish. A few mention positives along with negatives. But generally speaking, the sentiment that Apple is a bubble, or at least overvalued, is becoming common. If you look at TipRanks’ sentiment chart, it shows decisively negative sentiment toward Apple stock.\nSource: TipRanks’ sentiment chart\nThe bearishness of investor sentiment toward Apple becomes clear when we compare it to the sentiment toward Meta Platforms(FB). Meta, a company that is being sued for antitrust violations and getting attacked in the press daily, has a nearly perfect sentiment score. So there is no special tech curse that guarantees negative sentiment toward individual stocks in the sector. Apple’s sentiment problem is indeed its own problem.\n\nWhich begs the question:\nWhy?\nApple is a wide-moat stock, one of the few tech companies that controls both hardware and software for most of its users. Many companies have attempted to copy Apple’s strategy of maximizing revenue by integrating hardware and apps, but few have succeeded at it. If you want the IOS or Mac OS experience, you need an iPhone or Mac. And billions of people want those experiences enough to pay top dollar for Apple’s products. Few other tech companies have that advantage – Nintendo(OTCPK:NTDOY) being one exception, if you count gaming as tech.\nThis makes Apple arguably a wide-moat stock. You need Apple hardware to run Apple software, and people like Apple software. This gives Apple a “monopoly” on a certain collection of software experiences. It does not have a monopoly on any particular device category, but it’s the only company that can provide the integrated Apple ecosystem.\nThis advantage has paid dividends to Apple shareholders – both figuratively and literally. Apple is the world’s biggest company by market cap and the fourth-biggest by revenue. Its revenue growth rate has slowed in recent years, but certain segments (such as watches and services) are growing faster than ever. It appears, then, that Apple still has the potential for significant profitability and growth. Accordingly, I’ll develop a bullish thesis on Apple in this article, arguing that its solid economic moat provides potential for its stock to appreciate in the future.\nCompetitive Landscape\nOne of the most important things to understand about Apple is its competitive position. The company operates in such a wide variety of different markets that it’s hard to pin down its business beyond simply “tech.” Technically, the company’s SIC Code (industry classification) is 7372, denoting “prepackaged software.” However, this doesn’t capture the full extent of Apple’s business activities, as it’s also involved in hardware, semiconductors,payments and entertainment.\nSome of Apple’s most noteworthy competitors include:\n\nSamsung(OTC:SSNLF) - smartphones.\nHuawei- smartphones.\nAlphabet(GOOG) - smartphones, laptops, and software.\nMicrosoft(MSFT) - laptops.\nDell(NYSE:DELL)- laptops.\nAdobe(ADBE) - creative software.\nAnd many more.\n\nA comprehensive list of Apple’s competitors would be impossible to come up with, because the company operates in so many different verticals. In addition to all the names above, Apple is arguably in competition with the big semi companies, as it sells phones and laptops with Apple chips. Apple is one of the most comprehensive tech companies around, with a massive lineup of hardware, software and services, putting it in tacit competition with dozens of companies.\nHow is Apple doing in the industries it competes in? According to Counterpoint Research and Statista, Apple’s market shares include:\n\nSmartphones: 47% in the US and 14% globally.\nLaptops: 15% in the US and 7.6% globally.\nSmartwatches: over 50% globally.\nTablets: 35% globally.\n\nOn the whole, Apple is in first or second place in most of its markets. It’s behind Samsung on smartphone sales but it leads in watches and tablets. This is a pretty good market position. And it could grow over time. Some of Apple’s product categories are still fairly new. The company only just recently broke into smart watches and sales in the category are growing at 50%. Apple has taken heat lately for its slowing growth, but certain products within the company’s lineup are growing faster than ever. This provides potential for strong growth well into the future.\nThe M1 Chip and Apple Services\nSpeaking of future growth, it’s worth exploring two of Apple’s most promising categories:\nThe M1 Chip and Apple Services.\nThe M1 Chip (really the M1 family of chips now) is a new chip designed by Apple based on ARM architecture. The base configuration boasts:\n\nAn 8-core CPU.\nA 7-core GPU.\n8 or 16 gigs of RAM (physically built into the chip).\n5nm process.\n16 billion transistors.\n3.2 GHZ max clock rate.\n\nIncredible specs. And on top of that, there are two new models–the M1 Pro and M1 Max–that offer improvements on the base model. It would be tedious to list detailed spec sheets for these higher end models, but one eye-popping stat is the M1 Max’s 57 billion transistors. This competes with the CPUs included in extremely high end gaming PCs. And of course, that makes newer Macs themselves viable as gaming rigs, as countless YouTube reviewers have noted. Apple already has a sizable market share in laptops and desktops, but with the M1 chip family, it now has a shot at capturing the gaming segment as well. Until now, that market segment has proven elusive to Apple. So, there is significant potential for accelerating growth in Apple’s computer lineup.\nNext up is Apple services. This is a broad category that includes streaming music, movies, books and more. This category is always expanding and could potentially drive more growth after hardware growth slows down. In the most recent quarter, service growth actually lagged product growth, at 25% vs 30% for the latter. However, services are promising because they’re a category that could continue to grow even after hardware products reach their total addressable market. Global smartphone sales have been flat-lining after years of strong growth. In this environment, it would be unrealistic to expect Apple’s hardware sales to grow as fast as they did in the past. But by selling more services to existing customers, Apple can keep growing its total revenue even as hardware sales underwhelm.\nFinancials and Valuation\nNow we can turn to Apple’s financials.\nApple’s most recent quarter was a miss on both revenue and earnings; however, the results were strong in absolute terms. In the quarter, Apple delivered:\n\n$83 billion in revenue, up 29%.\n$27.3 billion in operating income, up 60%.\n$20.5 billion in net income, up 63%.\n$1.24 in diluted EPS, up 69%.\n\nThe company also reported $104 billion in TTM cash from operations in its fourth quarter report. That was up 28% from the year before.\nThese were pretty solid results. Especially for a mature company. Apple is the biggest company in the world by market cap, yet its revenue and earnings are both up by growth stock levels. And this one quarter wasn’t a fluke. According to Seeking Alpha Quant, Apple’s five-year CAGR growth rates in the metrics listed above are:\n\nRevenue: 11%.\nOperating income: 12.7%.\nNet income: 15.7%.\nDiluted EPS: 22%.\nCash flow: 10.7%.\n\nAgain very solid for a mature company. It does look like the most recent quarter was better than average, but the long-term metrics are still very good. Which gets to the heart of this article’s thesis:\nApple is definitely not a bubble stock. Its valuation is fairly steep, as it trades at 30 times earnings, 7.7 times sales, and 26 times cash flow. But the company still has plenty of growth potential. Compounded annually, its earnings are growing at 22%, and as the most recent quarter showed, it has room for acceleration. If you factor in both growth and value, you get a PEG ratio of just 0.43 for the trailing 12-month period. That’s far from a bubble valuation. In fact, it looks downright cheap.\nRisks and Challenges\nWhile Apple is definitely an ultra-profitable company with strong growth and a moderate valuation, its stock is not without its risks. As a major hardware company, it is vulnerable to supply chain issues, and other shocks. Some major risks and challenges to the bullish thesis outlined in this article include:\n\nSupply chain issues.The world is currently going through a chip shortage, as well as shortages of various other hi-tech parts. These problems are affecting Apple. Just recently, the company slashed iPhone production because of supply chain issues. That right before the crucial Holiday season, no less. These kinds of problems are an ever-present threat for a hardware company like Apple, which depends on a ready supply of raw materials to keep sales flowing.\nScale.Mathematically, the bigger something gets, the larger of an increase is needed to drive percentage gains equal to past ones. If you start selling $1,000 widgets and sell one your first year, you double your sales just by selling $2,000 worth the next year. If, however, ten years later, you’re selling $332 billion worth, you need customers to come up with $664 billion in the eleventh year to achieve the same growth. This is mathematically unlikely. And as it just so happens, Apple’s $83 billion Q4 revenue annualizes to $332 billion. So growth will be harder to achieve going forward.\nDisruption.Apple’s business model requires that it stay on the leading edge of tech innovation. If another company comes out with something decisively superior to the iPhone, that could kill Apple’s business overnight. Apple itself did this once, to BlackBerry(BB), makers of the ill-fated BlackBerry Smartphone. The history of the tech industry is littered with companies eating each other's lunch, and while Apple has billions to spend on R&D, you never know where the next threat will come from.\n\nThe above are some very real risks for investors to keep in mind. The supply chain risk, in particular, is very real, having been cited as a problem in several quarterly reports. With that said, Apple stock has an incredible moat, decent growth, and a not-unreasonable valuation. This is definitely not a stock to short. And while the gains realized by longs will not be as good in the future as they were in the past, they should still be decent.","news_type":1,"symbols_score_info":{"AAPL":0.9}},"isVote":1,"tweetType":1,"viewCount":2241,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":693760213,"gmtCreate":1640081511897,"gmtModify":1640081545429,"author":{"id":"3558745050670066","authorId":"3558745050670066","name":"TLC","avatar":"https://static.tigerbbs.com/11d1776e1c83ca58302f11c2008b9247","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3558745050670066","idStr":"3558745050670066"},"themes":[],"htmlText":"好","listText":"好","text":"好","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/693760213","repostId":"1143483082","repostType":4,"isVote":1,"tweetType":1,"viewCount":2562,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":693760075,"gmtCreate":1640081467846,"gmtModify":1640081468040,"author":{"id":"3558745050670066","authorId":"3558745050670066","name":"TLC","avatar":"https://static.tigerbbs.com/11d1776e1c83ca58302f11c2008b9247","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3558745050670066","idStr":"3558745050670066"},"themes":[],"htmlText":"Cool","listText":"Cool","text":"Cool","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/693760075","repostId":"1136407735","repostType":4,"isVote":1,"tweetType":1,"viewCount":2096,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":874929483,"gmtCreate":1637721798783,"gmtModify":1637721798958,"author":{"id":"3558745050670066","authorId":"3558745050670066","name":"TLC","avatar":"https://static.tigerbbs.com/11d1776e1c83ca58302f11c2008b9247","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3558745050670066","idStr":"3558745050670066"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/09988\">$Alibaba(09988)$</a>do i average down from here? Or more lows than the low now.......","listText":"<a href=\"https://laohu8.com/S/09988\">$Alibaba(09988)$</a>do i average down from here? Or more lows than the low now.......","text":"$Alibaba(09988)$do i average down from here? Or more lows than the low now.......","images":[{"img":"https://static.tigerbbs.com/68152e3c8ca909b0c2d2fe13c60f0807","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":4,"repostSize":0,"link":"https://laohu8.com/post/874929483","isVote":1,"tweetType":1,"viewCount":2991,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"CN","totalScore":0},{"id":878162825,"gmtCreate":1637160395091,"gmtModify":1637160395181,"author":{"id":"3558745050670066","authorId":"3558745050670066","name":"TLC","avatar":"https://static.tigerbbs.com/11d1776e1c83ca58302f11c2008b9247","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3558745050670066","idStr":"3558745050670066"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/878162825","repostId":"1158463306","repostType":4,"repost":{"id":"1158463306","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1637159561,"share":"https://www.laohu8.com/m/news/1158463306?lang=zh_CN&edition=full","pubTime":"2021-11-17 22:32","market":"us","language":"en","title":"U.S. stock market drifts slightly lower to start Wednesday trade<blockquote>美国股市周三开盘小幅走低</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1158463306","media":"Tiger Newspress","summary":"U.S. stock market drifts slightly lower to start Wednesday trade as investors weighed strong earning","content":"<p>U.S. stock market drifts slightly lower to start Wednesday trade as investors weighed strong earnings reports from big-box retailers against lingering inflation concerns and continued digesting strong retail data.</p><p><blockquote>由于投资者权衡大型零售商强劲的盈利报告与挥之不去的通胀担忧以及继续消化强劲的零售数据,美国股市周三开盘小幅走低。</blockquote></p><p> The Dow Jones Industrial Average slipped by 55 points, or 0.1%. The S&P 500 and Nasdaq Composite hovered near the flat line.</p><p><blockquote>道琼斯工业平均指数下跌55点,跌幅0.1%。标普500和纳斯达克综合指数徘徊在平线附近。</blockquote></p><p> Target posted beats on the top and bottom lines, but its CEO noted rising costs may have an impact on the company going forward as it plans to absorb those costs rather than pass them onto the customer. Shares slid 3.3%.</p><p><blockquote>塔吉特公布了营收和利润,但其首席执行官指出,成本上升可能会对公司的未来产生影响,因为该公司计划吸收这些成本,而不是将其转嫁给客户。股价下跌3.3%。</blockquote></p><p> Home improvement giantLowe’ssaw shares rise, however, initially popping in premarket trading as the company not only topped estimates from the Street but also raised its full-year sales forecast. Shares were last higher by 1.4%.</p><p><blockquote>然而,家居装修巨头劳氏(Lowe's)的股价上涨,最初在盘前交易中大幅上涨,因为该公司不仅超出了华尔街的预期,还上调了全年销售预期。股价最后上涨1.4%。</blockquote></p><p> Shares ofTJXjumped more than 6% after the apparel and home retailer reported a quarterly earnings beat on the top and bottom lines as well as a same-store sales increase of 14% year-over-year.</p><p><blockquote>TJX的股价上涨超过6%,此前这家服装和家居零售商公布季度盈利超出营收和利润,同店销售额同比增长14%。</blockquote></p><p> Elsewhere, shares of Dow componentBoeingrose nearly 2% after the company received an Akasa Air order for its 737 MAX worth $9 billion. The aerospace company’s stock has been a laggard this year, up just 5.5%.</p><p><blockquote>其他方面,道指成分股波音公司收到Akasa Air价值90亿美元的737 MAX订单后,该公司股价上涨近2%。这家航空航天公司的股价今年表现落后,仅上涨5.5%。</blockquote></p><p> Also,Teslaclimbed higher by about 1% as the stock continued its rebound from a 15.4% loss last week, when CEO Elon Musk beganhis Tesla stock sell-off.</p><p><blockquote>此外,特斯拉股价从上周首席执行官Elon Musk开始抛售特斯拉股票时15.4%的跌幅继续反弹,股价上涨约1%。</blockquote></p><p> On the downside,Visashares slumped about 2% after Amazon said it willstop accepting payments made via Visa credit cardsissued in the U.K. starting next year.</p><p><blockquote>不利的一面是,亚马逊表示将从明年开始停止接受通过在英国发行的Visa信用卡进行的付款后,Visa股价下跌约2%。</blockquote></p><p> The moves come after fresh economic data and corporate earnings signaled U.S. consumers are ramping up spending despite rising prices.</p><p><blockquote>此前,新的经济数据和企业盈利表明,尽管物价上涨,美国消费者仍在增加支出。</blockquote></p><p> On Tuesday the Dow added 54.77 points, or 0.15%. The S&P 500 gained 0.39% and the Nasdaq Composite rose 0.76%.</p><p><blockquote>周二,道琼斯指数上涨54.77点,涨幅0.15%。标普500上涨0.39%,纳斯达克综合指数上涨0.76%。</blockquote></p><p> Retail salesrose 1.7% in October, the Commerce Department reported Tuesday, faster than economists expected. The figure measures how much consumers spend on goods across a number of categories.</p><p><blockquote>美国商务部周二报告称,10月份零售额增长1.7%,快于经济学家预期。该数字衡量消费者在多个类别的商品上花费了多少。</blockquote></p><p> Strongquarterly results from Home Depotalso boosted investor sentiment Tuesday. The home improvement retailer led gainers on the Dow after earnings topped analyst estimates.Walmart also reported better-than-expected results, though its shares declined.</p><p><blockquote>家得宝强劲的季度业绩周二提振了投资者情绪。在盈利超出分析师预期后,这家家居装修零售商领涨道琼斯指数。沃尔玛也公布了好于预期的业绩,但其股价下跌。</blockquote></p><p> “U.S. stocks rallied after an impressive retail sales report, solid industrial production data, and retail earnings showed the consumer is handling the current pricing increases. All signs are pointing to a very strong holiday season for retailers and that should help keep sending stocks higher,” Edward Moya, senior market analyst at Oanda, said in a Tuesday note.</p><p><blockquote>“在令人印象深刻的零售销售报告、稳健的工业生产数据和零售盈利显示消费者正在应对当前的价格上涨后,美国股市上涨。所有迹象都表明零售商的假期非常强劲,这应该有助于继续推高股市,”Oanda高级市场分析师爱德华·莫亚(Edward Moya)在周二的一份报告中表示。</blockquote></p><p> Investors await more retail earnings Wednesday from Bath & Body Works and Victoria’s Secret. Other major companies reporting results Wednesday include Cisco Systems and Nvidia.</p><p><blockquote>投资者等待Bath&Body Works和Victoria's Secret周三公布更多零售财报。周三公布业绩的其他大公司包括思科系统和英伟达。</blockquote></p><p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>U.S. stock market drifts slightly lower to start Wednesday trade<blockquote>美国股市周三开盘小幅走低</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\">\nU.S. stock market drifts slightly lower to start Wednesday trade<blockquote>美国股市周三开盘小幅走低</blockquote>\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time smaller\">2021-11-17 22:32</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>U.S. stock market drifts slightly lower to start Wednesday trade as investors weighed strong earnings reports from big-box retailers against lingering inflation concerns and continued digesting strong retail data.</p><p><blockquote>由于投资者权衡大型零售商强劲的盈利报告与挥之不去的通胀担忧以及继续消化强劲的零售数据,美国股市周三开盘小幅走低。</blockquote></p><p> The Dow Jones Industrial Average slipped by 55 points, or 0.1%. The S&P 500 and Nasdaq Composite hovered near the flat line.</p><p><blockquote>道琼斯工业平均指数下跌55点,跌幅0.1%。标普500和纳斯达克综合指数徘徊在平线附近。</blockquote></p><p> Target posted beats on the top and bottom lines, but its CEO noted rising costs may have an impact on the company going forward as it plans to absorb those costs rather than pass them onto the customer. Shares slid 3.3%.</p><p><blockquote>塔吉特公布了营收和利润,但其首席执行官指出,成本上升可能会对公司的未来产生影响,因为该公司计划吸收这些成本,而不是将其转嫁给客户。股价下跌3.3%。</blockquote></p><p> Home improvement giantLowe’ssaw shares rise, however, initially popping in premarket trading as the company not only topped estimates from the Street but also raised its full-year sales forecast. Shares were last higher by 1.4%.</p><p><blockquote>然而,家居装修巨头劳氏(Lowe's)的股价上涨,最初在盘前交易中大幅上涨,因为该公司不仅超出了华尔街的预期,还上调了全年销售预期。股价最后上涨1.4%。</blockquote></p><p> Shares ofTJXjumped more than 6% after the apparel and home retailer reported a quarterly earnings beat on the top and bottom lines as well as a same-store sales increase of 14% year-over-year.</p><p><blockquote>TJX的股价上涨超过6%,此前这家服装和家居零售商公布季度盈利超出营收和利润,同店销售额同比增长14%。</blockquote></p><p> Elsewhere, shares of Dow componentBoeingrose nearly 2% after the company received an Akasa Air order for its 737 MAX worth $9 billion. The aerospace company’s stock has been a laggard this year, up just 5.5%.</p><p><blockquote>其他方面,道指成分股波音公司收到Akasa Air价值90亿美元的737 MAX订单后,该公司股价上涨近2%。这家航空航天公司的股价今年表现落后,仅上涨5.5%。</blockquote></p><p> Also,Teslaclimbed higher by about 1% as the stock continued its rebound from a 15.4% loss last week, when CEO Elon Musk beganhis Tesla stock sell-off.</p><p><blockquote>此外,特斯拉股价从上周首席执行官Elon Musk开始抛售特斯拉股票时15.4%的跌幅继续反弹,股价上涨约1%。</blockquote></p><p> On the downside,Visashares slumped about 2% after Amazon said it willstop accepting payments made via Visa credit cardsissued in the U.K. starting next year.</p><p><blockquote>不利的一面是,亚马逊表示将从明年开始停止接受通过在英国发行的Visa信用卡进行的付款后,Visa股价下跌约2%。</blockquote></p><p> The moves come after fresh economic data and corporate earnings signaled U.S. consumers are ramping up spending despite rising prices.</p><p><blockquote>此前,新的经济数据和企业盈利表明,尽管物价上涨,美国消费者仍在增加支出。</blockquote></p><p> On Tuesday the Dow added 54.77 points, or 0.15%. The S&P 500 gained 0.39% and the Nasdaq Composite rose 0.76%.</p><p><blockquote>周二,道琼斯指数上涨54.77点,涨幅0.15%。标普500上涨0.39%,纳斯达克综合指数上涨0.76%。</blockquote></p><p> Retail salesrose 1.7% in October, the Commerce Department reported Tuesday, faster than economists expected. The figure measures how much consumers spend on goods across a number of categories.</p><p><blockquote>美国商务部周二报告称,10月份零售额增长1.7%,快于经济学家预期。该数字衡量消费者在多个类别的商品上花费了多少。</blockquote></p><p> Strongquarterly results from Home Depotalso boosted investor sentiment Tuesday. The home improvement retailer led gainers on the Dow after earnings topped analyst estimates.Walmart also reported better-than-expected results, though its shares declined.</p><p><blockquote>家得宝强劲的季度业绩周二提振了投资者情绪。在盈利超出分析师预期后,这家家居装修零售商领涨道琼斯指数。沃尔玛也公布了好于预期的业绩,但其股价下跌。</blockquote></p><p> “U.S. stocks rallied after an impressive retail sales report, solid industrial production data, and retail earnings showed the consumer is handling the current pricing increases. All signs are pointing to a very strong holiday season for retailers and that should help keep sending stocks higher,” Edward Moya, senior market analyst at Oanda, said in a Tuesday note.</p><p><blockquote>“在令人印象深刻的零售销售报告、稳健的工业生产数据和零售盈利显示消费者正在应对当前的价格上涨后,美国股市上涨。所有迹象都表明零售商的假期非常强劲,这应该有助于继续推高股市,”Oanda高级市场分析师爱德华·莫亚(Edward Moya)在周二的一份报告中表示。</blockquote></p><p> Investors await more retail earnings Wednesday from Bath & Body Works and Victoria’s Secret. Other major companies reporting results Wednesday include Cisco Systems and Nvidia.</p><p><blockquote>投资者等待Bath&Body Works和Victoria's Secret周三公布更多零售财报。周三公布业绩的其他大公司包括思科系统和英伟达。</blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite",".DJI":"道琼斯",".SPX":"S&P 500 Index"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1158463306","content_text":"U.S. stock market drifts slightly lower to start Wednesday trade as investors weighed strong earnings reports from big-box retailers against lingering inflation concerns and continued digesting strong retail data.\nThe Dow Jones Industrial Average slipped by 55 points, or 0.1%. The S&P 500 and Nasdaq Composite hovered near the flat line.\nTarget posted beats on the top and bottom lines, but its CEO noted rising costs may have an impact on the company going forward as it plans to absorb those costs rather than pass them onto the customer. Shares slid 3.3%.\nHome improvement giantLowe’ssaw shares rise, however, initially popping in premarket trading as the company not only topped estimates from the Street but also raised its full-year sales forecast. Shares were last higher by 1.4%.\nShares ofTJXjumped more than 6% after the apparel and home retailer reported a quarterly earnings beat on the top and bottom lines as well as a same-store sales increase of 14% year-over-year.\nElsewhere, shares of Dow componentBoeingrose nearly 2% after the company received an Akasa Air order for its 737 MAX worth $9 billion. The aerospace company’s stock has been a laggard this year, up just 5.5%.\nAlso,Teslaclimbed higher by about 1% as the stock continued its rebound from a 15.4% loss last week, when CEO Elon Musk beganhis Tesla stock sell-off.\nOn the downside,Visashares slumped about 2% after Amazon said it willstop accepting payments made via Visa credit cardsissued in the U.K. starting next year.\nThe moves come after fresh economic data and corporate earnings signaled U.S. consumers are ramping up spending despite rising prices.\nOn Tuesday the Dow added 54.77 points, or 0.15%. The S&P 500 gained 0.39% and the Nasdaq Composite rose 0.76%.\nRetail salesrose 1.7% in October, the Commerce Department reported Tuesday, faster than economists expected. The figure measures how much consumers spend on goods across a number of categories.\nStrongquarterly results from Home Depotalso boosted investor sentiment Tuesday. The home improvement retailer led gainers on the Dow after earnings topped analyst estimates.Walmart also reported better-than-expected results, though its shares declined.\n“U.S. stocks rallied after an impressive retail sales report, solid industrial production data, and retail earnings showed the consumer is handling the current pricing increases. All signs are pointing to a very strong holiday season for retailers and that should help keep sending stocks higher,” Edward Moya, senior market analyst at Oanda, said in a Tuesday note.\nInvestors await more retail earnings Wednesday from Bath & Body Works and Victoria’s Secret. Other major companies reporting results Wednesday include Cisco Systems and Nvidia.","news_type":1,"symbols_score_info":{".DJI":0.9,".SPX":0.9,".IXIC":0.9}},"isVote":1,"tweetType":1,"viewCount":1740,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":878350805,"gmtCreate":1637152976612,"gmtModify":1637152976742,"author":{"id":"3558745050670066","authorId":"3558745050670066","name":"TLC","avatar":"https://static.tigerbbs.com/11d1776e1c83ca58302f11c2008b9247","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3558745050670066","idStr":"3558745050670066"},"themes":[],"htmlText":"Cool","listText":"Cool","text":"Cool","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/878350805","repostId":"1190782051","repostType":4,"repost":{"id":"1190782051","kind":"news","pubTimestamp":1637152162,"share":"https://www.laohu8.com/m/news/1190782051?lang=zh_CN&edition=full","pubTime":"2021-11-17 20:29","market":"us","language":"en","title":"Man Utd off-pitch losses halves as crowds fill up Old Trafford<blockquote>老特拉福德挤满了人群,曼联场外输球减半</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1190782051","media":"Reuters","summary":"Manchester United Plc's(MANU.N)first-quarter loss narrowed as the end of COVID-19 curbs in England a","content":"<p>Manchester United Plc's(MANU.N)first-quarter loss narrowed as the end of COVID-19 curbs in England allowed fans to return to its Old Trafford stadium at full capacity, offsetting a rise in salaries since the return of Cristiano Ronaldo in August.</p><p><blockquote>曼联公司(MANU.N)第一季度亏损收窄,因为英格兰新冠肺炎限制措施的结束允许球迷满负荷返回老特拉福德球场,抵消了自克里斯蒂亚诺·罗纳尔多8月份回归以来工资的上涨。</blockquote></p><p> The club, owned by the American Glazer family, on Wednesday posted a loss of 15.5 million pounds ($20.85 million) for the three months ended Sept. 30, compared with a loss of 30.3 million pounds in the same period a year ago when COVID-19 disrupted sporting calendars and shuttered stadiums.</p><p><blockquote>这家由美国格雷泽家族拥有的俱乐部周三公布,截至9月30日的三个月亏损1550万英镑(合2085万美元),而去年同期新冠肺炎(COVID-19)的亏损为3030万英镑。扰乱了体育日历并关闭了体育场。</blockquote></p><p> With the stadium, commonly known as the Theatre of Dreams, now able to welcome back tens of thousands of fans, matchday revenues jumped to 18.8 million pounds compared with 1.7 million pounds a year ago.</p><p><blockquote>随着这座通常被称为梦想剧院的体育场现在能够迎来数万名球迷,比赛日收入从一年前的170万英镑跃升至1880万英镑。</blockquote></p><p> While the nature of the ongoing pandemic may result in UK government restrictions being re-imposed in the future, the majority of such restrictions were lifted before the start of the 2021/22 season, with Old Trafford welcoming back fans at full capacity, the club said.</p><p><blockquote>俱乐部表示,虽然正在进行的疫情的性质可能会导致英国政府在未来重新实施限制,但大多数此类限制在2021/22赛季开始前被取消,老特拉福德将满负荷欢迎球迷回归。</blockquote></p><p> United, which signed signed five-time Ballon d'Or winner Ronaldo from Italy's Juventus in August, and also recruited world cup winner Raphael Varane and England winger Jadon Sancho over the summer said employee benefit expenses rose 23% to 88.5 million pounds.</p><p><blockquote>曼联在8月份从意大利尤文图斯签下了五届金球奖得主罗纳尔多,并在夏天签下了世界杯冠军拉斐尔·瓦拉内和英格兰边锋杰登·桑乔,该公司表示员工福利支出增长了23%,达到8850万英镑。</blockquote></p><p> Revenues from retail, merchandise, apparel & product licensing jumped 21%, boosted by its new player signings and more home games being played, it said.</p><p><blockquote>该公司表示,受新球员签约和更多主场比赛的推动,零售、商品、服装和产品授权收入增长了21%。</blockquote></p><p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Man Utd off-pitch losses halves as crowds fill up Old Trafford<blockquote>老特拉福德挤满了人群,曼联场外输球减半</blockquote></title>\n<style 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}\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\">\nMan Utd off-pitch losses halves as crowds fill up Old Trafford<blockquote>老特拉福德挤满了人群,曼联场外输球减半</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Reuters</strong><span class=\"h-time small\">2021-11-17 20:29</span>\n</p>\n</h4>\n</header>\n<article>\n<p>Manchester United Plc's(MANU.N)first-quarter loss narrowed as the end of COVID-19 curbs in England allowed fans to return to its Old Trafford stadium at full capacity, offsetting a rise in salaries since the return of Cristiano Ronaldo in August.</p><p><blockquote>曼联公司(MANU.N)第一季度亏损收窄,因为英格兰新冠肺炎限制措施的结束允许球迷满负荷返回老特拉福德球场,抵消了自克里斯蒂亚诺·罗纳尔多8月份回归以来工资的上涨。</blockquote></p><p> The club, owned by the American Glazer family, on Wednesday posted a loss of 15.5 million pounds ($20.85 million) for the three months ended Sept. 30, compared with a loss of 30.3 million pounds in the same period a year ago when COVID-19 disrupted sporting calendars and shuttered stadiums.</p><p><blockquote>这家由美国格雷泽家族拥有的俱乐部周三公布,截至9月30日的三个月亏损1550万英镑(合2085万美元),而去年同期新冠肺炎(COVID-19)的亏损为3030万英镑。扰乱了体育日历并关闭了体育场。</blockquote></p><p> With the stadium, commonly known as the Theatre of Dreams, now able to welcome back tens of thousands of fans, matchday revenues jumped to 18.8 million pounds compared with 1.7 million pounds a year ago.</p><p><blockquote>随着这座通常被称为梦想剧院的体育场现在能够迎来数万名球迷,比赛日收入从一年前的170万英镑跃升至1880万英镑。</blockquote></p><p> While the nature of the ongoing pandemic may result in UK government restrictions being re-imposed in the future, the majority of such restrictions were lifted before the start of the 2021/22 season, with Old Trafford welcoming back fans at full capacity, the club said.</p><p><blockquote>俱乐部表示,虽然正在进行的疫情的性质可能会导致英国政府在未来重新实施限制,但大多数此类限制在2021/22赛季开始前被取消,老特拉福德将满负荷欢迎球迷回归。</blockquote></p><p> United, which signed signed five-time Ballon d'Or winner Ronaldo from Italy's Juventus in August, and also recruited world cup winner Raphael Varane and England winger Jadon Sancho over the summer said employee benefit expenses rose 23% to 88.5 million pounds.</p><p><blockquote>曼联在8月份从意大利尤文图斯签下了五届金球奖得主罗纳尔多,并在夏天签下了世界杯冠军拉斐尔·瓦拉内和英格兰边锋杰登·桑乔,该公司表示员工福利支出增长了23%,达到8850万英镑。</blockquote></p><p> Revenues from retail, merchandise, apparel & product licensing jumped 21%, boosted by its new player signings and more home games being played, it said.</p><p><blockquote>该公司表示,受新球员签约和更多主场比赛的推动,零售、商品、服装和产品授权收入增长了21%。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源:<a href=\"https://www.reuters.com/lifestyle/sports/manchester-united-first-quarter-loss-narrows-fans-return-2021-11-17/\">Reuters</a></p>\n<p>为提升您的阅读体验,我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"MANU":"曼联"},"source_url":"https://www.reuters.com/lifestyle/sports/manchester-united-first-quarter-loss-narrows-fans-return-2021-11-17/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1190782051","content_text":"Manchester United Plc's(MANU.N)first-quarter loss narrowed as the end of COVID-19 curbs in England allowed fans to return to its Old Trafford stadium at full capacity, offsetting a rise in salaries since the return of Cristiano Ronaldo in August.\nThe club, owned by the American Glazer family, on Wednesday posted a loss of 15.5 million pounds ($20.85 million) for the three months ended Sept. 30, compared with a loss of 30.3 million pounds in the same period a year ago when COVID-19 disrupted sporting calendars and shuttered stadiums.\nWith the stadium, commonly known as the Theatre of Dreams, now able to welcome back tens of thousands of fans, matchday revenues jumped to 18.8 million pounds compared with 1.7 million pounds a year ago.\nWhile the nature of the ongoing pandemic may result in UK government restrictions being re-imposed in the future, the majority of such restrictions were lifted before the start of the 2021/22 season, with Old Trafford welcoming back fans at full capacity, the club said.\nUnited, which signed signed five-time Ballon d'Or winner Ronaldo from Italy's Juventus in August, and also recruited world cup winner Raphael Varane and England winger Jadon Sancho over the summer said employee benefit expenses rose 23% to 88.5 million pounds.\nRevenues from retail, merchandise, apparel & product licensing jumped 21%, boosted by its new player signings and more home games being played, it said.","news_type":1,"symbols_score_info":{"MANU":0.9}},"isVote":1,"tweetType":1,"viewCount":1994,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":844368376,"gmtCreate":1636389842590,"gmtModify":1636389843615,"author":{"id":"3558745050670066","authorId":"3558745050670066","name":"TLC","avatar":"https://static.tigerbbs.com/11d1776e1c83ca58302f11c2008b9247","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3558745050670066","idStr":"3558745050670066"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/MARA\">$Marathon Digital Holdings Inc(MARA)$</a>gogogo","listText":"<a href=\"https://laohu8.com/S/MARA\">$Marathon Digital Holdings Inc(MARA)$</a>gogogo","text":"$Marathon Digital Holdings 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stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1636119828,"share":"https://www.laohu8.com/m/news/1151272699?lang=zh_CN&edition=full","pubTime":"2021-11-05 21:43","market":"us","language":"en","title":"EV stocks dipped in morning trading<blockquote>电动汽车股早盘下跌</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1151272699","media":"Tiger Newspress","summary":"EV stocks dipped in morning trading.Tesla,Nio,Xpeng Motors,Li Auto,Nikola,Niu Technologies,Lucid and","content":"<p>EV stocks dipped in morning trading.Tesla,Nio,Xpeng Motors,Li Auto,Nikola,Niu Technologies,Lucid and Lordstown fell 0.6% and 9%.</p><p><blockquote>电动汽车股早盘下跌。特斯拉、蔚来、小鹏汽车、理想汽车、尼古拉、小牛电动、Lucid和洛兹敦分别下跌0.6%和9%。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/3036f15ab386c25977cf2802135fe80f\" tg-width=\"409\" tg-height=\"719\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>EV stocks dipped in morning trading<blockquote>电动汽车股早盘下跌</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ 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0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nEV stocks dipped in morning trading<blockquote>电动汽车股早盘下跌</blockquote>\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time smaller\">2021-11-05 21:43</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>EV stocks dipped in morning trading.Tesla,Nio,Xpeng Motors,Li Auto,Nikola,Niu Technologies,Lucid and Lordstown fell 0.6% and 9%.</p><p><blockquote>电动汽车股早盘下跌。特斯拉、蔚来、小鹏汽车、理想汽车、尼古拉、小牛电动、Lucid和洛兹敦分别下跌0.6%和9%。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/3036f15ab386c25977cf2802135fe80f\" tg-width=\"409\" tg-height=\"719\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1151272699","content_text":"EV stocks dipped in morning trading.Tesla,Nio,Xpeng Motors,Li Auto,Nikola,Niu Technologies,Lucid and Lordstown fell 0.6% and 9%.","news_type":1,"symbols_score_info":{"TSLA":0.9}},"isVote":1,"tweetType":1,"viewCount":2379,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":842014182,"gmtCreate":1636120467560,"gmtModify":1636120658064,"author":{"id":"3558745050670066","authorId":"3558745050670066","name":"TLC","avatar":"https://static.tigerbbs.com/11d1776e1c83ca58302f11c2008b9247","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3558745050670066","idStr":"3558745050670066"},"themes":[],"htmlText":"Wow","listText":"Wow","text":"Wow","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/842014182","repostId":"1173116654","repostType":4,"repost":{"id":"1173116654","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1636120291,"share":"https://www.laohu8.com/m/news/1173116654?lang=zh_CN&edition=full","pubTime":"2021-11-05 21:51","market":"us","language":"en","title":"Confluent stock surged 14% in morning trading<blockquote>Confluence股票早盘飙升14%</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1173116654","media":"Tiger Newspress","summary":"Confluent stock surged 14% in morning trading after quarterly results beating expectations.\n\nConflue","content":"<p>Confluent stock surged 14% in morning trading after quarterly results beating expectations.</p><p><blockquote>季度业绩超出预期后,Confluence股价在早盘交易中飙升14%。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/491afb60ce801feec7c28a82a51a62a3\" tg-width=\"840\" tg-height=\"470\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p> Confluent reported quarterly losses of $(0.17) per share which beat the analyst consensus estimate of $(0.23) by 26.09 percent. The company reported quarterly sales of $102.57 million which beat the analyst consensus estimate of $90.66 million by 13.14 percent.</p><p><blockquote>Confluence报告季度亏损为每股(0.17)美元,比分析师普遍预期的(0.23)美元高出26.09%。该公司报告季度销售额为1.0257亿美元,比分析师普遍预期的9066万美元高出13.14%。</blockquote></p><p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Confluent stock surged 14% in morning trading<blockquote>Confluence股票早盘飙升14%</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\">\nConfluent stock surged 14% in morning trading<blockquote>Confluence股票早盘飙升14%</blockquote>\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time smaller\">2021-11-05 21:51</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>Confluent stock surged 14% in morning trading after quarterly results beating expectations.</p><p><blockquote>季度业绩超出预期后,Confluence股价在早盘交易中飙升14%。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/491afb60ce801feec7c28a82a51a62a3\" tg-width=\"840\" tg-height=\"470\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p> Confluent reported quarterly losses of $(0.17) per share which beat the analyst consensus estimate of $(0.23) by 26.09 percent. The company reported quarterly sales of $102.57 million which beat the analyst consensus estimate of $90.66 million by 13.14 percent.</p><p><blockquote>Confluence报告季度亏损为每股(0.17)美元,比分析师普遍预期的(0.23)美元高出26.09%。该公司报告季度销售额为1.0257亿美元,比分析师普遍预期的9066万美元高出13.14%。</blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"CFLT":"Confluent, Inc."},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1173116654","content_text":"Confluent stock surged 14% in morning trading after quarterly results beating expectations.\n\nConfluent reported quarterly losses of $(0.17) per share which beat the analyst consensus estimate of $(0.23) by 26.09 percent. The company reported quarterly sales of $102.57 million which beat the analyst consensus estimate of $90.66 million by 13.14 percent.","news_type":1,"symbols_score_info":{"CFLT":0.9}},"isVote":1,"tweetType":1,"viewCount":1955,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":850517469,"gmtCreate":1634608038662,"gmtModify":1634608038953,"author":{"id":"3558745050670066","authorId":"3558745050670066","name":"TLC","avatar":"https://static.tigerbbs.com/11d1776e1c83ca58302f11c2008b9247","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3558745050670066","idStr":"3558745050670066"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/MARA\">$Marathon Digital Holdings Inc(MARA)$</a>gogogo","listText":"<a href=\"https://laohu8.com/S/MARA\">$Marathon Digital Holdings Inc(MARA)$</a>gogogo","text":"$Marathon Digital Holdings Inc(MARA)$gogogo","images":[{"img":"https://static.tigerbbs.com/d41f2e1d14b8c3af56d97be5ac3191cd","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/850517469","isVote":1,"tweetType":1,"viewCount":975,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"CN","totalScore":0},{"id":827928690,"gmtCreate":1634393439763,"gmtModify":1634393440003,"author":{"id":"3558745050670066","authorId":"3558745050670066","name":"TLC","avatar":"https://static.tigerbbs.com/11d1776e1c83ca58302f11c2008b9247","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3558745050670066","idStr":"3558745050670066"},"themes":[],"htmlText":"Good good","listText":"Good good","text":"Good good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":9,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/827928690","repostId":"2175146556","repostType":4,"isVote":1,"tweetType":1,"viewCount":1126,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":823354049,"gmtCreate":1633589284629,"gmtModify":1633589284923,"author":{"id":"3558745050670066","authorId":"3558745050670066","name":"TLC","avatar":"https://static.tigerbbs.com/11d1776e1c83ca58302f11c2008b9247","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3558745050670066","idStr":"3558745050670066"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/CRPU.SI\">$SASSEUR REIT(CRPU.SI)$</a>guys, are you guys loading up more for this counter? Current price seems very low already ..","listText":"<a href=\"https://laohu8.com/S/CRPU.SI\">$SASSEUR REIT(CRPU.SI)$</a>guys, are you guys loading up more for this counter? Current price seems very low already ..","text":"$SASSEUR REIT(CRPU.SI)$guys, are you guys loading up more for this counter? Current price seems very low already 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goooooo","images":[{"img":"https://static.tigerbbs.com/364d9bbe528d59b18e5fbc3a04586ebc","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/815663672","isVote":1,"tweetType":1,"viewCount":307,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":816546786,"gmtCreate":1630509457445,"gmtModify":1631885042461,"author":{"id":"3558745050670066","authorId":"3558745050670066","name":"TLC","avatar":"https://static.tigerbbs.com/11d1776e1c83ca58302f11c2008b9247","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3558745050670066","idStr":"3558745050670066"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/MARA\">$Marathon Digital Holdings Inc(MARA)$</a>gogogo...","listText":"<a href=\"https://laohu8.com/S/MARA\">$Marathon Digital Holdings Inc(MARA)$</a>gogogo...","text":"$Marathon Digital Holdings Inc(MARA)$gogogo...","images":[{"img":"https://static.tigerbbs.com/661259863858cda47348aa115fb08a06","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/816546786","isVote":1,"tweetType":1,"viewCount":1030,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":835240889,"gmtCreate":1629723806641,"gmtModify":1631889847192,"author":{"id":"3558745050670066","authorId":"3558745050670066","name":"TLC","avatar":"https://static.tigerbbs.com/11d1776e1c83ca58302f11c2008b9247","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3558745050670066","idStr":"3558745050670066"},"themes":[],"htmlText":"Hmmmm","listText":"Hmmmm","text":"Hmmmm","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/835240889","repostId":"1122492799","repostType":4,"isVote":1,"tweetType":1,"viewCount":513,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":836425545,"gmtCreate":1629516639587,"gmtModify":1631885042544,"author":{"id":"3558745050670066","authorId":"3558745050670066","name":"TLC","avatar":"https://static.tigerbbs.com/11d1776e1c83ca58302f11c2008b9247","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3558745050670066","idStr":"3558745050670066"},"themes":[],"htmlText":"<a 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Market Quotes, Business News, Financial News, Trading Ideas, and Stock Research by Professionals","home_visible":0,"media_name":"Benzinga","id":"1052270027","head_image":"https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa"},"pubTimestamp":1629171148,"share":"https://www.laohu8.com/m/news/2160854275?lang=zh_CN&edition=full","pubTime":"2021-08-17 11:32","market":"us","language":"en","title":"How Can Amazon, Microsoft, Netflix, Spotify Gain From New Big Tech Bill?<blockquote>Amazon、微软、Netflix、Spotify如何从新的大型科技法案中获益?</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=2160854275","media":"Benzinga","summary":"Last Wednesday, a bipartisan group of Senators launched a bill to rein the growing mobile operating ","content":"<p><img src=\"https://static.tigerbbs.com/1e06ed07d3863d7cffd4df0ba07f1776\" tg-width=\"600\" tg-height=\"400\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"></p><p><blockquote></blockquote></p><p> <ul> <li>Last Wednesday, a bipartisan group of Senators launched a bill to rein the growing mobile operating system dominance of <b>Apple Inc</b> (NASDAQ: AAPL) and <b>Alphabet Inc</b> (NASDAQ: GOOG) (NASDAQ: GOOGL) Google.</li> <li>The Open App Markets Act threatens the iPhone maker's $22 billion in annual high-margin revenue it makes from the App store. Apple has protested against the bill citing user security and privacy concerns, Bloomberg reported</li> <li><b>Spotify Technology SA</b> (NYSE: SPOT), Tile Inc, and <b>Match Group Inc</b> (NASDAQ: MTCH) had previously alleged that Apple and Google's app stores are barriers to competition, especially their commissions on mobile device transactions. Epic Games too leveled similar allegations and is seeking its payment system for in-app purchases in its games.</li> <li>The bill can have far-reaching consequences if it becomes the law. An iPhone owner would be able to download another app store to bypass Apple's or install apps and its approval process.</li> <li>App makers like <b>Amazon.com Inc</b> (NASDAQ: AMZN), <b>Netflix Inc</b> (NASDAQ: NFLX), and Spotify can direct customers to their websites to sign up for subscriptions, dodging Apple's commissions.</li> <li>Bloomberg notes that the law could be a boon for Amazon as it owns an app store and Spotify too, which itself has been blamed for unfair competition and shoddy treatment of artists.</li> <li><b>Microsoft Corp</b> (NASDAQ: MSFT) can also defend its Xbox gaming service from the bill's provisions by projecting it as an entertainment console instead of a computing platform.</li> </ul></p><p><blockquote><ul><li>上周三,一个由两党参议员组成的小组推出了一项法案,旨在遏制移动操作系统日益增长的主导地位<b>苹果公司</b>(纳斯达克:AAPL)和<b>Alphabet公司</b>(纳斯达克:GOOG)(纳斯达克:GOOGL)谷歌。</li><li>《开放应用市场法案》威胁到这家iPhone制造商每年从App store获得的220亿美元高利润收入。据彭博社报道,苹果以用户安全和隐私问题为由抗议该法案</li><li><b>Spotify技术公司</b>(纽约证券交易所代码:SPOT)、Tile Inc和<b>火柴集团公司</b>(纳斯达克:MTCH)此前曾指控苹果和谷歌的应用商店是竞争壁垒,尤其是它们在移动设备交易上的佣金。Epic Games也提出了类似的指控,并正在寻求其游戏内购买的支付系统。</li><li>如果该法案成为法律,可能会产生深远的影响。iPhone用户将能够下载另一个应用商店来绕过苹果的应用商店或安装应用程序及其审批流程。</li><li>应用程序制造商喜欢<b>亚马逊公司</b>(纳斯达克:AMZN),<b>Netflix</b>(纳斯达克:NFLX),Spotify可以引导客户到他们的网站注册订阅,从而避开苹果的佣金。</li><li>彭博社指出,这项法律可能对亚马逊有利,因为它还拥有一家应用商店和Spotify,而Spotify本身也被指责不公平竞争和对艺术家的劣质待遇。</li><li><b>微软公司</b>(纳斯达克:MSFT)还可以通过将其视为娱乐控制台而不是计算平台来保护其Xbox游戏服务免受该法案条款的影响。</li></ul></blockquote></p><p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>How Can Amazon, Microsoft, Netflix, Spotify Gain From New Big Tech Bill?<blockquote>Amazon、微软、Netflix、Spotify如何从新的大型科技法案中获益?</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; 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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\">\nHow Can Amazon, Microsoft, Netflix, Spotify Gain From New Big Tech Bill?<blockquote>Amazon、微软、Netflix、Spotify如何从新的大型科技法案中获益?</blockquote>\n</h2>\n<h4 class=\"meta\">\n<div class=\"head\" \">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Benzinga </p>\n<p class=\"h-time smaller\">2021-08-17 11:32</p>\n</div>\n</div>\n</h4>\n</header>\n<article>\n<p><img src=\"https://static.tigerbbs.com/1e06ed07d3863d7cffd4df0ba07f1776\" tg-width=\"600\" tg-height=\"400\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"></p><p><blockquote></blockquote></p><p> <ul> <li>Last Wednesday, a bipartisan group of Senators launched a bill to rein the growing mobile operating system dominance of <b>Apple Inc</b> (NASDAQ: AAPL) and <b>Alphabet Inc</b> (NASDAQ: GOOG) (NASDAQ: GOOGL) Google.</li> <li>The Open App Markets Act threatens the iPhone maker's $22 billion in annual high-margin revenue it makes from the App store. Apple has protested against the bill citing user security and privacy concerns, Bloomberg reported</li> <li><b>Spotify Technology SA</b> (NYSE: SPOT), Tile Inc, and <b>Match Group Inc</b> (NASDAQ: MTCH) had previously alleged that Apple and Google's app stores are barriers to competition, especially their commissions on mobile device transactions. Epic Games too leveled similar allegations and is seeking its payment system for in-app purchases in its games.</li> <li>The bill can have far-reaching consequences if it becomes the law. An iPhone owner would be able to download another app store to bypass Apple's or install apps and its approval process.</li> <li>App makers like <b>Amazon.com Inc</b> (NASDAQ: AMZN), <b>Netflix Inc</b> (NASDAQ: NFLX), and Spotify can direct customers to their websites to sign up for subscriptions, dodging Apple's commissions.</li> <li>Bloomberg notes that the law could be a boon for Amazon as it owns an app store and Spotify too, which itself has been blamed for unfair competition and shoddy treatment of artists.</li> <li><b>Microsoft Corp</b> (NASDAQ: MSFT) can also defend its Xbox gaming service from the bill's provisions by projecting it as an entertainment console instead of a computing platform.</li> </ul></p><p><blockquote><ul><li>上周三,一个由两党参议员组成的小组推出了一项法案,旨在遏制移动操作系统日益增长的主导地位<b>苹果公司</b>(纳斯达克:AAPL)和<b>Alphabet公司</b>(纳斯达克:GOOG)(纳斯达克:GOOGL)谷歌。</li><li>《开放应用市场法案》威胁到这家iPhone制造商每年从App store获得的220亿美元高利润收入。据彭博社报道,苹果以用户安全和隐私问题为由抗议该法案</li><li><b>Spotify技术公司</b>(纽约证券交易所代码:SPOT)、Tile Inc和<b>火柴集团公司</b>(纳斯达克:MTCH)此前曾指控苹果和谷歌的应用商店是竞争壁垒,尤其是它们在移动设备交易上的佣金。Epic Games也提出了类似的指控,并正在寻求其游戏内购买的支付系统。</li><li>如果该法案成为法律,可能会产生深远的影响。iPhone用户将能够下载另一个应用商店来绕过苹果的应用商店或安装应用程序及其审批流程。</li><li>应用程序制造商喜欢<b>亚马逊公司</b>(纳斯达克:AMZN),<b>Netflix</b>(纳斯达克:NFLX),Spotify可以引导客户到他们的网站注册订阅,从而避开苹果的佣金。</li><li>彭博社指出,这项法律可能对亚马逊有利,因为它还拥有一家应用商店和Spotify,而Spotify本身也被指责不公平竞争和对艺术家的劣质待遇。</li><li><b>微软公司</b>(纳斯达克:MSFT)还可以通过将其视为娱乐控制台而不是计算平台来保护其Xbox游戏服务免受该法案条款的影响。</li></ul></blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AMZN":"亚马逊","AAPL":"苹果","GOOG":"谷歌","GOOGL":"谷歌A","NGD":"New Gold","MSFT":"微软","SPOT":"Spotify Technology S.A.","NFLX":"奈飞"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2160854275","content_text":"Last Wednesday, a bipartisan group of Senators launched a bill to rein the growing mobile operating system dominance of Apple Inc (NASDAQ: AAPL) and Alphabet Inc (NASDAQ: GOOG) (NASDAQ: GOOGL) Google.\nThe Open App Markets Act threatens the iPhone maker's $22 billion in annual high-margin revenue it makes from the App store. Apple has protested against the bill citing user security and privacy concerns, Bloomberg reported\nSpotify Technology SA (NYSE: SPOT), Tile Inc, and Match Group Inc (NASDAQ: MTCH) had previously alleged that Apple and Google's app stores are barriers to competition, especially their commissions on mobile device transactions. Epic Games too leveled similar allegations and is seeking its payment system for in-app purchases in its games.\nThe bill can have far-reaching consequences if it becomes the law. An iPhone owner would be able to download another app store to bypass Apple's or install apps and its approval process.\nApp makers like Amazon.com Inc (NASDAQ: AMZN), Netflix Inc (NASDAQ: NFLX), and Spotify can direct customers to their websites to sign up for subscriptions, dodging Apple's commissions.\nBloomberg notes that the law could be a boon for Amazon as it owns an app store and Spotify too, which itself has been blamed for unfair competition and shoddy treatment of artists.\nMicrosoft Corp (NASDAQ: MSFT) can also defend its Xbox gaming service from the bill's provisions by projecting it as an entertainment console instead of a computing platform.","news_type":1,"symbols_score_info":{"NGD":0.9,"AAPL":0.9,"AMZN":0.9,"MSFT":0.9,"NFLX":0.9,"GOOG":0.9,"SPOT":0.9,"GOOGL":0.9}},"isVote":1,"tweetType":1,"viewCount":541,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":155128053,"gmtCreate":1625391209272,"gmtModify":1631892900691,"author":{"id":"3558745050670066","authorId":"3558745050670066","name":"TLC","avatar":"https://static.tigerbbs.com/11d1776e1c83ca58302f11c2008b9247","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3558745050670066","idStr":"3558745050670066"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/CAN\">$Canaan Inc.(CAN)$</a>服了自己当初的眼光","listText":"<a href=\"https://laohu8.com/S/CAN\">$Canaan Inc.(CAN)$</a>服了自己当初的眼光","text":"$Canaan Inc.(CAN)$服了自己当初的眼光","images":[{"img":"https://static.tigerbbs.com/430a0f6360b56f8a69de021d302e9571","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":6,"repostSize":0,"link":"https://laohu8.com/post/155128053","isVote":1,"tweetType":1,"viewCount":2190,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3562386799978684","authorId":"3562386799978684","name":"2001太空漫游","avatar":"https://static.tigerbbs.com/eb9569cb5db1fb669a3d7388c23ee550","crmLevel":2,"crmLevelSwitch":0,"authorIdStr":"3562386799978684","idStr":"3562386799978684"},"content":"差不多,三万刀没了。不过一直看好。等4年。不下车。","text":"差不多,三万刀没了。不过一直看好。等4年。不下车。","html":"差不多,三万刀没了。不过一直看好。等4年。不下车。"},{"author":{"id":"4087346304120430","authorId":"4087346304120430","name":"shuwenduong","avatar":"https://static.tigerbbs.com/4c427397d32b88a692cfa5df4cfaef6c","crmLevel":1,"crmLevelSwitch":0,"authorIdStr":"4087346304120430","idStr":"4087346304120430"},"content":"我也一样。坐在山顶","text":"我也一样。坐在山顶","html":"我也一样。坐在山顶"}],"imageCount":1,"langContent":"CN","totalScore":0},{"id":367150757,"gmtCreate":1614925224879,"gmtModify":1703483035849,"author":{"id":"3558745050670066","authorId":"3558745050670066","name":"TLC","avatar":"https://static.tigerbbs.com/11d1776e1c83ca58302f11c2008b9247","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3558745050670066","idStr":"3558745050670066"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/NIO\">$NIO Inc.(NIO)$</a> 惨不忍睹","listText":"<a href=\"https://laohu8.com/S/NIO\">$NIO Inc.(NIO)$</a> 惨不忍睹","text":"$NIO Inc.(NIO)$ 惨不忍睹","images":[{"img":"https://static.tigerbbs.com/52ece67ee6a2d06c161e9f12556341e4","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":4,"repostSize":0,"link":"https://laohu8.com/post/367150757","isVote":1,"tweetType":1,"viewCount":656,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3542072429344869","authorId":"3542072429344869","name":"Winvest","avatar":"https://static.tigerbbs.com/4a95e588ed8cc9b5e8acb83aa49d00db","crmLevel":5,"crmLevelSwitch":0,"authorIdStr":"3542072429344869","idStr":"3542072429344869"},"content":"我更惨买在了高位区间的均值处","text":"我更惨买在了高位区间的均值处","html":"我更惨买在了高位区间的均值处"}],"imageCount":1,"langContent":"CN","totalScore":0},{"id":874929483,"gmtCreate":1637721798783,"gmtModify":1637721798958,"author":{"id":"3558745050670066","authorId":"3558745050670066","name":"TLC","avatar":"https://static.tigerbbs.com/11d1776e1c83ca58302f11c2008b9247","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3558745050670066","idStr":"3558745050670066"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/09988\">$Alibaba(09988)$</a>do i average down from here? Or more lows than the low now.......","listText":"<a href=\"https://laohu8.com/S/09988\">$Alibaba(09988)$</a>do i average down from here? Or more lows than the low now.......","text":"$Alibaba(09988)$do i average down from here? 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roaring!","images":[{"img":"https://static.tigerbbs.com/45ddef40e665165b092cc01cc41a688c","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":4,"repostSize":0,"link":"https://laohu8.com/post/189761366","isVote":1,"tweetType":1,"viewCount":757,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":842678245,"gmtCreate":1636175597145,"gmtModify":1636175597417,"author":{"id":"3558745050670066","authorId":"3558745050670066","name":"TLC","avatar":"https://static.tigerbbs.com/11d1776e1c83ca58302f11c2008b9247","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3558745050670066","idStr":"3558745050670066"},"themes":[],"htmlText":"Great or not","listText":"Great or not","text":"Great or not","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":9,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/842678245","repostId":"2181742831","repostType":2,"isVote":1,"tweetType":1,"viewCount":2242,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":347494654,"gmtCreate":1618510507478,"gmtModify":1631885382652,"author":{"id":"3558745050670066","authorId":"3558745050670066","name":"TLC","avatar":"https://static.tigerbbs.com/11d1776e1c83ca58302f11c2008b9247","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3558745050670066","idStr":"3558745050670066"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/MARA\">$Marathon Digital Holdings Inc(MARA)$</a>dropped a lot these 2 days..","listText":"<a href=\"https://laohu8.com/S/MARA\">$Marathon Digital Holdings Inc(MARA)$</a>dropped a lot these 2 days..","text":"$Marathon Digital Holdings Inc(MARA)$dropped a lot these 2 days..","images":[{"img":"https://static.tigerbbs.com/2e0af6e677c44ff2f7b01b474830753d","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/347494654","isVote":1,"tweetType":1,"viewCount":411,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":329999227,"gmtCreate":1615195973269,"gmtModify":1703485481247,"author":{"id":"3558745050670066","authorId":"3558745050670066","name":"TLC","avatar":"https://static.tigerbbs.com/11d1776e1c83ca58302f11c2008b9247","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3558745050670066","idStr":"3558745050670066"},"themes":[],"htmlText":"现在只有币票是我唯一的希望。。","listText":"现在只有币票是我唯一的希望。。","text":"现在只有币票是我唯一的希望。。","images":[{"img":"https://static.tigerbbs.com/3c820350cf6f3209cc293034cc06f1cc","width":"1080","height":"2009"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":4,"repostSize":0,"link":"https://laohu8.com/post/329999227","isVote":1,"tweetType":1,"viewCount":695,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"CN","totalScore":0},{"id":358941107,"gmtCreate":1616656308809,"gmtModify":1634524702691,"author":{"id":"3558745050670066","authorId":"3558745050670066","name":"TLC","avatar":"https://static.tigerbbs.com/11d1776e1c83ca58302f11c2008b9247","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3558745050670066","idStr":"3558745050670066"},"themes":[],"htmlText":"<a 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leading daily newsletter for the latest financial and business news. 33Yrs Helping Stock Investors with Investing Insights, Tools, News & More.","home_visible":0,"media_name":"Investors","id":"1085713068","head_image":"https://static.tigerbbs.com/608dd68a89ed486e18f64efe3136266c"},"pubTimestamp":1628208368,"share":"https://www.laohu8.com/m/news/1177277824?lang=zh_CN&edition=full","pubTime":"2021-08-06 08:06","market":"us","language":"en","title":"Cloudflare Stock Falls As Investors Mull Size Of Earnings, Revenue Beat<blockquote>由于投资者考虑盈利规模和收入超出预期,Cloudflare股价下跌</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1177277824","media":"Investors","summary":"Cloudflare stock fell on its second-quarter earnings report as profit and revenue topped analyst est","content":"<p>Cloudflare stock fell on its second-quarter earnings report as profit and revenue topped analyst estimates, but the size of the beat may have disappointed. Cloudflare earnings guidance for the September quarter came in above expectations.</p><p><blockquote>由于利润和收入超出分析师预期,Cloudflare股价因第二季度收益报告而下跌,但涨幅可能令人失望。Cloudflare 9月份季度的盈利指引高于预期。</blockquote></p><p> San Francisco-based <b>Cloudflare</b>(NET) reported a second-quarter loss of 2 cents per adjusted share vs. a 3-cent loss in the year-earlier period. Revenue jumped 53% to $152.4 million, said the provider of cloud-based networking and cybersecurity services.</p><p><blockquote>总部位于旧金山<b>Cloudflare</b>(NET)公布第二季度调整后每股亏损2美分,而去年同期亏损3美分。这家基于云的网络和网络安全服务提供商表示,收入增长了53%,达到1.524亿美元。</blockquote></p><p> Analysts expected Cloudflare to report a loss of 3 cents per share on revenue of $146.1 million for the period ended June 30.</p><p><blockquote>分析师预计,截至6月30日,Cloudflare将报告每股亏损3美分,营收为1.461亿美元。</blockquote></p><p> Cloudflare stock fell nearly 6% to 114.72 in after-hours trading on the stock market today.</p><p><blockquote>今天股市盘后交易中,Cloudflare股价下跌近6%,至114.72点。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/af9a02c08e6a85e6510df15270cdb8a4\" tg-width=\"895\" tg-height=\"636\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p> <b>Cloudflare Stock: Revenue Outlook Above Views</b></p><p><blockquote><b>Cloudflare股票:收入前景高于观点</b></blockquote></p><p> \"We added a record number of large customers, signing the equivalent of more than two six-figure customers every single business day in Q2,\" Chief Executive Matthew Prince said in the company's earnings news release.</p><p><blockquote>首席执行官马修·普林斯(Matthew Prince)在公司财报新闻稿中表示:“我们增加了创纪录数量的大客户,相当于第二季度每个工作日签署了两个以上六位数的客户。”</blockquote></p><p> Heading into the earnings report, Cloudflare stock was extended, trading well above its 95.87 entry point.</p><p><blockquote>在财报发布之前,Cloudflare股票上涨,交易价格远高于95.87的入场点。</blockquote></p><p> For the current quarter ending in September, Cloudflare expects a loss in a range of 3 cents to 4 cents. It forecast revenue of $165.5 million at the midpoint of its guidance range.</p><p><blockquote>对于截至9月份的当前季度,Cloudflare预计亏损在3美分至4美分之间。该公司预测收入为1.655亿美元,处于指导范围的中点。</blockquote></p><p> Meanwhile, analysts had projected a loss of 2 cents on revenue of $157.4 million.</p><p><blockquote>与此同时,分析师预计营收为1.574亿美元,亏损2美分。</blockquote></p><p> Heading into the Cloudflare earnings report, the software stock owned a Relative Strength Rating of 86 out of a best-possible 99, according to IBD Stock Checkup.</p><p><blockquote>根据IBD Stock Checkup的数据,在Cloudflare收益报告发布之前,该软件股票的相对实力评级为86分(满分为99分)。</blockquote></p><p> Started in 2009, Cloudflare speeds up and provides security for web applications routed through its intelligent global network. The company competes in both corporate and consumer markets.</p><p><blockquote>Cloudflare始于2009年,为通过其智能全球网络路由的web应用程序提供速度和安全性。该公司在企业和消费者市场都有竞争。</blockquote></p><p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Cloudflare Stock Falls As Investors Mull Size Of Earnings, Revenue Beat<blockquote>由于投资者考虑盈利规模和收入超出预期,Cloudflare股价下跌</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCloudflare Stock Falls As Investors Mull Size Of Earnings, Revenue Beat<blockquote>由于投资者考虑盈利规模和收入超出预期,Cloudflare股价下跌</blockquote>\n</h2>\n<h4 class=\"meta\">\n<div class=\"head\" \">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/608dd68a89ed486e18f64efe3136266c);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Investors </p>\n<p class=\"h-time smaller\">2021-08-06 08:06</p>\n</div>\n</div>\n</h4>\n</header>\n<article>\n<p>Cloudflare stock fell on its second-quarter earnings report as profit and revenue topped analyst estimates, but the size of the beat may have disappointed. Cloudflare earnings guidance for the September quarter came in above expectations.</p><p><blockquote>由于利润和收入超出分析师预期,Cloudflare股价因第二季度收益报告而下跌,但涨幅可能令人失望。Cloudflare 9月份季度的盈利指引高于预期。</blockquote></p><p> San Francisco-based <b>Cloudflare</b>(NET) reported a second-quarter loss of 2 cents per adjusted share vs. a 3-cent loss in the year-earlier period. Revenue jumped 53% to $152.4 million, said the provider of cloud-based networking and cybersecurity services.</p><p><blockquote>总部位于旧金山<b>Cloudflare</b>(NET)公布第二季度调整后每股亏损2美分,而去年同期亏损3美分。这家基于云的网络和网络安全服务提供商表示,收入增长了53%,达到1.524亿美元。</blockquote></p><p> Analysts expected Cloudflare to report a loss of 3 cents per share on revenue of $146.1 million for the period ended June 30.</p><p><blockquote>分析师预计,截至6月30日,Cloudflare将报告每股亏损3美分,营收为1.461亿美元。</blockquote></p><p> Cloudflare stock fell nearly 6% to 114.72 in after-hours trading on the stock market today.</p><p><blockquote>今天股市盘后交易中,Cloudflare股价下跌近6%,至114.72点。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/af9a02c08e6a85e6510df15270cdb8a4\" tg-width=\"895\" tg-height=\"636\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p> <b>Cloudflare Stock: Revenue Outlook Above Views</b></p><p><blockquote><b>Cloudflare股票:收入前景高于观点</b></blockquote></p><p> \"We added a record number of large customers, signing the equivalent of more than two six-figure customers every single business day in Q2,\" Chief Executive Matthew Prince said in the company's earnings news release.</p><p><blockquote>首席执行官马修·普林斯(Matthew Prince)在公司财报新闻稿中表示:“我们增加了创纪录数量的大客户,相当于第二季度每个工作日签署了两个以上六位数的客户。”</blockquote></p><p> Heading into the earnings report, Cloudflare stock was extended, trading well above its 95.87 entry point.</p><p><blockquote>在财报发布之前,Cloudflare股票上涨,交易价格远高于95.87的入场点。</blockquote></p><p> For the current quarter ending in September, Cloudflare expects a loss in a range of 3 cents to 4 cents. It forecast revenue of $165.5 million at the midpoint of its guidance range.</p><p><blockquote>对于截至9月份的当前季度,Cloudflare预计亏损在3美分至4美分之间。该公司预测收入为1.655亿美元,处于指导范围的中点。</blockquote></p><p> Meanwhile, analysts had projected a loss of 2 cents on revenue of $157.4 million.</p><p><blockquote>与此同时,分析师预计营收为1.574亿美元,亏损2美分。</blockquote></p><p> Heading into the Cloudflare earnings report, the software stock owned a Relative Strength Rating of 86 out of a best-possible 99, according to IBD Stock Checkup.</p><p><blockquote>根据IBD Stock Checkup的数据,在Cloudflare收益报告发布之前,该软件股票的相对实力评级为86分(满分为99分)。</blockquote></p><p> Started in 2009, Cloudflare speeds up and provides security for web applications routed through its intelligent global network. The company competes in both corporate and consumer markets.</p><p><blockquote>Cloudflare始于2009年,为通过其智能全球网络路由的web应用程序提供速度和安全性。该公司在企业和消费者市场都有竞争。</blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NET":"Cloudflare, Inc."},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1177277824","content_text":"Cloudflare stock fell on its second-quarter earnings report as profit and revenue topped analyst estimates, but the size of the beat may have disappointed. Cloudflare earnings guidance for the September quarter came in above expectations.\nSan Francisco-based Cloudflare(NET) reported a second-quarter loss of 2 cents per adjusted share vs. a 3-cent loss in the year-earlier period. Revenue jumped 53% to $152.4 million, said the provider of cloud-based networking and cybersecurity services.\nAnalysts expected Cloudflare to report a loss of 3 cents per share on revenue of $146.1 million for the period ended June 30.\nCloudflare stock fell nearly 6% to 114.72 in after-hours trading on the stock market today.\n\nCloudflare Stock: Revenue Outlook Above Views\n\"We added a record number of large customers, signing the equivalent of more than two six-figure customers every single business day in Q2,\" Chief Executive Matthew Prince said in the company's earnings news release.\nHeading into the earnings report, Cloudflare stock was extended, trading well above its 95.87 entry point.\nFor the current quarter ending in September, Cloudflare expects a loss in a range of 3 cents to 4 cents. It forecast revenue of $165.5 million at the midpoint of its guidance range.\nMeanwhile, analysts had projected a loss of 2 cents on revenue of $157.4 million.\nHeading into the Cloudflare earnings report, the software stock owned a Relative Strength Rating of 86 out of a best-possible 99, according to IBD Stock Checkup.\nStarted in 2009, Cloudflare speeds up and provides security for web applications routed through its intelligent global network. The company competes in both corporate and consumer markets.","news_type":1,"symbols_score_info":{"NET":0.9}},"isVote":1,"tweetType":1,"viewCount":533,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":150283387,"gmtCreate":1624907026649,"gmtModify":1631892900696,"author":{"id":"3558745050670066","authorId":"3558745050670066","name":"TLC","avatar":"https://static.tigerbbs.com/11d1776e1c83ca58302f11c2008b9247","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3558745050670066","idStr":"3558745050670066"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/TIGR\">$Tiger Brokers(TIGR)$</a>thank you tiger!","listText":"<a href=\"https://laohu8.com/S/TIGR\">$Tiger Brokers(TIGR)$</a>thank you tiger!","text":"$Tiger Brokers(TIGR)$thank you tiger!","images":[{"img":"https://static.tigerbbs.com/74152e454315fc698037d823929d25fa","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/150283387","isVote":1,"tweetType":1,"viewCount":818,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":194006292,"gmtCreate":1621322757216,"gmtModify":1631888561304,"author":{"id":"3558745050670066","authorId":"3558745050670066","name":"TLC","avatar":"https://static.tigerbbs.com/11d1776e1c83ca58302f11c2008b9247","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3558745050670066","idStr":"3558745050670066"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/SLS\">$SELLAS Life Sciences Group Inc.(SLS)$</a>sigh....","listText":"<a href=\"https://laohu8.com/S/SLS\">$SELLAS Life Sciences Group Inc.(SLS)$</a>sigh....","text":"$SELLAS Life Sciences Group Inc.(SLS)$sigh....","images":[{"img":"https://static.tigerbbs.com/99ecd12da3185b9b87fbbf482e1195b7","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/194006292","isVote":1,"tweetType":1,"viewCount":724,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":320132487,"gmtCreate":1615038278149,"gmtModify":1703484374874,"author":{"id":"3558745050670066","authorId":"3558745050670066","name":"TLC","avatar":"https://static.tigerbbs.com/11d1776e1c83ca58302f11c2008b9247","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3558745050670066","idStr":"3558745050670066"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/TIGR\">$Tiger Brokers(TIGR)$</a>什么是底啊","listText":"<a href=\"https://laohu8.com/S/TIGR\">$Tiger Brokers(TIGR)$</a>什么是底啊","text":"$Tiger Brokers(TIGR)$什么是底啊","images":[{"img":"https://static.tigerbbs.com/0f52a8f4d0ec12fb8f4292a3a569d621","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/320132487","isVote":1,"tweetType":1,"viewCount":663,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"CN","totalScore":0},{"id":693760213,"gmtCreate":1640081511897,"gmtModify":1640081545429,"author":{"id":"3558745050670066","authorId":"3558745050670066","name":"TLC","avatar":"https://static.tigerbbs.com/11d1776e1c83ca58302f11c2008b9247","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3558745050670066","idStr":"3558745050670066"},"themes":[],"htmlText":"好","listText":"好","text":"好","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/693760213","repostId":"1143483082","repostType":4,"isVote":1,"tweetType":1,"viewCount":2562,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":823354049,"gmtCreate":1633589284629,"gmtModify":1633589284923,"author":{"id":"3558745050670066","authorId":"3558745050670066","name":"TLC","avatar":"https://static.tigerbbs.com/11d1776e1c83ca58302f11c2008b9247","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3558745050670066","idStr":"3558745050670066"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/CRPU.SI\">$SASSEUR REIT(CRPU.SI)$</a>guys, are you guys loading up more for this counter? Current price seems very low already ..","listText":"<a href=\"https://laohu8.com/S/CRPU.SI\">$SASSEUR REIT(CRPU.SI)$</a>guys, are you guys loading up more for this counter? Current price seems very low already ..","text":"$SASSEUR REIT(CRPU.SI)$guys, are you guys loading up more for this counter? Current price seems very low already ..","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":1,"link":"https://laohu8.com/post/823354049","isVote":1,"tweetType":1,"viewCount":1261,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":880806638,"gmtCreate":1631028341324,"gmtModify":1631889847189,"author":{"id":"3558745050670066","authorId":"3558745050670066","name":"TLC","avatar":"https://static.tigerbbs.com/11d1776e1c83ca58302f11c2008b9247","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3558745050670066","idStr":"3558745050670066"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/880806638","repostId":"2165078351","repostType":4,"isVote":1,"tweetType":1,"viewCount":459,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":835240889,"gmtCreate":1629723806641,"gmtModify":1631889847192,"author":{"id":"3558745050670066","authorId":"3558745050670066","name":"TLC","avatar":"https://static.tigerbbs.com/11d1776e1c83ca58302f11c2008b9247","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3558745050670066","idStr":"3558745050670066"},"themes":[],"htmlText":"Hmmmm","listText":"Hmmmm","text":"Hmmmm","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/835240889","repostId":"1122492799","repostType":4,"isVote":1,"tweetType":1,"viewCount":513,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":898401916,"gmtCreate":1628515653635,"gmtModify":1631889847199,"author":{"id":"3558745050670066","authorId":"3558745050670066","name":"TLC","avatar":"https://static.tigerbbs.com/11d1776e1c83ca58302f11c2008b9247","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3558745050670066","idStr":"3558745050670066"},"themes":[],"htmlText":"Cool","listText":"Cool","text":"Cool","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/898401916","repostId":"1169468024","repostType":4,"repost":{"id":"1169468024","kind":"news","pubTimestamp":1628514601,"share":"https://www.laohu8.com/m/news/1169468024?lang=zh_CN&edition=full","pubTime":"2021-08-09 21:10","market":"us","language":"en","title":"Berkshire Buoyed as U.S. Rebound Fires Up Manufacturers<blockquote>美国经济反弹提振制造商,伯克希尔哈撒韦公司受到提振</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1169468024","media":"Bloomberg","summary":"(Bloomberg) -- Warren Buffett’s Berkshire Hathaway Inc. is reaping the benefits of the U.S. economic","content":"<p>(Bloomberg) -- Warren Buffett’s Berkshire Hathaway Inc. is reaping the benefits of the U.S. economic recovery.</p><p><blockquote>(彭博社)——沃伦·巴菲特的伯克希尔·哈撒韦公司正在收获美国经济复苏的好处。</blockquote></p><p> The conglomerate’s collection of manufacturers and retailers bounced back during the second quarter after being hit hard as the pandemic ripped through the U.S. last year. That group of businesses posted its second-highest quarterly profit in data going back to the middle of 2009 and helped fuel a 21% gain in Berkshire’s total operating profit during the period.</p><p><blockquote>该集团旗下的制造商和零售商在去年疫情席卷美国时遭受重创后,在第二季度出现反弹。该业务集团公布了自2009年中期以来第二高的季度利润,并帮助伯克希尔哈撒韦公司在此期间的总营业利润增长了21%。</blockquote></p><p> “It’s all of the other old economy, manufacturing, service, retailing, transportation businesses that just really reflect the broad economic recovery driving this performance this quarter,” Jim Shanahan, an analyst at Edward Jones, said in a phone interview. “There’s a housing angle here which I think was a really strong contributor this quarter.”</p><p><blockquote>爱德华·琼斯(Edward Jones)分析师吉姆·沙纳汉(Jim Shanahan)在接受电话采访时表示:“所有其他旧经济、制造业、服务业、零售业、运输业才真正反映了推动本季度业绩的广泛经济复苏。”“这里有一个住房角度,我认为这是本季度的一个非常强大的贡献者。”</blockquote></p><p> Buffett has built Berkshire into a broad business with footholds in industries including insurance, energy and retail. But that exposure to a wide slice of the U.S. economy weighed on it last year with businesses including See’s Candies having to furlough workers at the start of the shutdowns. Now, the outlook appears brighter.</p><p><blockquote>巴菲特将伯克希尔打造成为一家广泛的企业,在保险、能源和零售等行业都有立足点。但去年,这种对美国经济大部分地区的敞口给其带来了压力,包括喜诗糖果在内的企业不得不在停工之初让工人休假。现在,前景似乎更加光明。</blockquote></p><p> “Many of our businesses generated significantly higher earnings over the first half of 2021 compared to 2020, which included significant adverse effects from the pandemic,” Berkshire said in a regulatory filing Saturday. “Earnings of our manufacturing, service and retail businesses in 2021 benefited from higher customer demand in many of our businesses and exceeded earnings in 2019 as well.”</p><p><blockquote>伯克希尔在周六提交的监管文件中表示:“与2020年相比,我们的许多业务在2021年上半年的盈利显着增加,其中包括疫情的重大不利影响。”“2021年,我们制造、服务和零售业务的盈利受益于我们许多业务的客户需求增加,也超过了2019年的盈利。”</blockquote></p><p> Berkshire’s group of building-products companies accounted for a particular source of strength during the quarter. Earnings at those operations were up almost 40%, helped by the boon in housing construction in the U.S. Tom Russo, a Berkshire shareholder, said the strength of those businesses combined with the challenge of disrupting them through technology makes them a good part of Berkshire’s composition.</p><p><blockquote>伯克希尔的建筑产品公司集团是本季度的一个特殊优势来源。在美国住房建设繁荣的帮助下,这些业务的盈利增长了近40%。伯克希尔股东汤姆·鲁索(Tom Russo)表示,这些业务的实力加上通过技术颠覆它们的挑战,使它们成为伯克希尔的重要组成部分。组成。</blockquote></p><p> “The businesses have a certain underlying recurrence that I think makes them attractive,” Russo, who oversees $10 billion including investments in Berkshire shares at Gardner Russo & Quinn LLC, said in a phone interview.</p><p><blockquote>“这些业务具有一定的潜在经常性,我认为这使它们具有吸引力,”Russo在接受电话采访时表示,他在Gardner Russo&Quinn LLC管理着100亿美元的伯克希尔股票投资。</blockquote></p><p> What Bloomberg Intelligence Says</p><p><blockquote>彭博资讯怎么说</blockquote></p><p> “Warren Buffett’s Berkshire Hathaway is on pace for a solid 2H on the back of about 30% operating unit earnings growth in 2Q. This was an easy comparison, but earnings were above 2016-19 averages in all four segments. ”</p><p><blockquote>“沃伦·巴菲特的伯克希尔·哈撒韦公司在第二季度运营部门盈利增长约30%的背景下,有望实现稳健的第二季度业绩。这是一个简单的比较,但所有四个部门的盈利均高于2016-19年的平均水平。”</blockquote></p><p> --Matthew Palazola, a senior industry analyst, and Kylie Towbin, an associate analyst</p><p><blockquote>——高级行业分析师Matthew Palazola和助理分析师Kylie Towbin</blockquote></p><p> Still, Berkshire wasn’t immune to the supply-chain pressures that have been a persistent economic theme since the early days of the outbreak. Higher costs for certain materials such as lumber and steel caused some of those operations to ramp up their own prices, Berkshire said.</p><p><blockquote>尽管如此,伯克希尔也未能幸免于供应链压力,自疫情爆发初期以来,供应链压力一直是一个持续的经济主题。伯克希尔表示,木材和钢铁等某些材料的成本上升导致其中一些业务提高了自身价格。</blockquote></p><p> Not every Berkshire business bounced back fully. Precision Castparts Corp., which makes parts for aircraft and suffered a large writedown last year, reported revenue declines during the period even as earnings climbed slightly due to efforts to restructure the business. And Berkshire warned that supply-chain issues could continue to weigh on that business.</p><p><blockquote>并非伯克希尔的每项业务都完全反弹。Precision Castparts Corp.生产飞机零部件,去年遭受了大量减记,该公司报告称,尽管由于业务重组努力,盈利略有攀升,但在此期间收入下降。伯克希尔警告称,供应链问题可能会继续给该业务带来压力。</blockquote></p><p> “The Covid-19 pandemic contributed to material declines in commercial air travel and aircraft production in 2020,” Berkshire said in the filing. “While air travel in the U.S. is increasing in 2021, we do not expect significant increases in PCC’s aerospace demand to occur in the near term due to the inventory levels currently within the industry supply chain. Consequently, we anticipate PCC’s revenues and earnings in 2021 will be below pre-pandemic levels.”</p><p><blockquote>伯克希尔在文件中表示:“Covid-19大流行导致2020年商业航空旅行和飞机产量大幅下降。”“虽然2021年美国的航空旅行将会增加,但由于行业供应链中目前的库存水平,我们预计PCC的航空航天需求短期内不会大幅增加。因此,我们预计PCC 2021年的收入和盈利将低于大流行前的水平。”</blockquote></p><p> Here are other takeaways from Berkshire’s second-quarter earnings:</p><p><blockquote>以下是伯克希尔第二季度收益的其他要点:</blockquote></p><p> Buybacks</p><p><blockquote>回购</blockquote></p><p> Berkshire pulled back on one of Buffett’s more heavily used capital-deployment levers in recent years. The conglomerate bought back $6 billion of stock, down from the $6.6 billion repurchased during the first three months of the year, with June being the busiest month for repurchases for the company.</p><p><blockquote>伯克希尔哈撒韦公司撤回了巴菲特近年来最常用的资本配置杠杆之一。该集团回购了60亿美元的股票,低于今年前三个月回购的66亿美元,其中6月是该公司回购最繁忙的月份。</blockquote></p><p> That contributed to Berkshire’s cash pile remaining fairly steady at $144 billion, just slightly below its record size. Buffett has struggled in recent years to find attractive ways to put that money to work, and that continued during the second quarter.</p><p><blockquote>这使得伯克希尔的现金储备保持相当稳定,为1440亿美元,略低于其创纪录的规模。近年来,巴菲特一直在努力寻找有吸引力的方式来利用这笔钱,这种情况在第二季度仍在继续。</blockquote></p><p> “He’s very price-sensitive about the buybacks,” said Bill Smead, chief investment officer of Smead Capital Management, which oversees investments including in Berkshire shares.</p><p><blockquote>“他对回购非常敏感,”斯米德资本管理公司首席投资官比尔·斯米德表示,该公司负责监管包括伯克希尔股票在内的投资。</blockquote></p><p> Still, the $6 billion of repurchases was the fourth-highest amount of stock bought back since Berkshire tweaked its policy in 2018. And there are signs the relatively high level of repurchases could continue. Berkshire appears to have bought back at least $1.7 billion of stock from the end of June through July 26, according to the filing.</p><p><blockquote>尽管如此,60亿美元的回购是自伯克希尔2018年调整政策以来第四高的股票回购金额。有迹象表明,相对较高水平的回购可能会持续下去。文件显示,从6月底到7月26日,伯克希尔似乎回购了至少17亿美元的股票。</blockquote></p><p> Stock Sales</p><p><blockquote>库存销售</blockquote></p><p></p><p> Buffett continued to be rather cautious on the U.S. stock market. Berkshire ended up selling $1.1 billion of stocks, on a net basis, during the period, marking its third straight quarter of being a net seller.</p><p><blockquote>巴菲特继续对美国股市持相当谨慎的态度。在此期间,伯克希尔哈撒韦公司最终净出售了11亿美元的股票,这是其连续第三个季度成为净卖家。</blockquote></p><p> The conglomerate is facing even more expensive stock prices as the S&P 500 hit new highs during the quarter. Some of the sales appear to come from a reduction in Berkshire’s industrial, commercial and other stock holdings. The exact investments the company trimmed will appear in a regulatory filing later this month.</p><p><blockquote>随着标普500在本季度创下新高,该集团面临着更昂贵的股价。部分出售似乎来自伯克希尔减持的工业、商业和其他股票。该公司削减的具体投资将在本月晚些时候的监管文件中公布。</blockquote></p><p> “I don’t think stocks are cheap. I think a lot of areas of the market are fully priced or maybe more than fully priced,” said James Armstrong, who manages assets including Berkshire shares as president of Henry H. Armstrong Associates. “There’s no urgency to pile money into stocks that are fully priced or overpriced. So I think you’re just seeing good discipline on Berkshire’s part.”</p><p><blockquote>“我认为股票并不便宜。我认为市场的许多领域都已完全定价,或者可能超过完全定价,”詹姆斯·阿姆斯特朗(James Armstrong)表示,他作为亨利·H·阿姆斯特朗(Henry H.Armstrong Associates)总裁管理包括伯克希尔股票在内的资产。“没有必要将资金投入完全定价或定价过高的股票。所以我认为你只是看到了伯克希尔方面良好的纪律。”</blockquote></p><p> Car Accidents</p><p><blockquote>车祸</blockquote></p><p> Auto insurers have felt the pain from more drivers hitting the road, and Berkshire’s Geico was no exception. The company ended up posting a nearly 70% decline in underwriting profit during the second quarter.</p><p><blockquote>汽车保险公司感受到了更多司机上路带来的痛苦,伯克希尔的Geico也不例外。该公司第二季度承保利润下降了近70%。</blockquote></p><p> It was hurt by an increase in the frequency of losses and the severity of those claims. The frequency was affected by more drivers getting behind the wheel amid reopenings in the U.S.</p><p><blockquote>损失频率的增加和这些索赔的严重性损害了它。随着美国重新开放,更多司机开车,这一频率受到了影响。</blockquote></p><p> “The insurance results were particularly weak,” Cathy Seifert, an analyst at CFRA Research, said. “What we saw from a lot of the carriers was, on a year-over-year basis, the second quarter of 2020, people were on lockdown mode, people weren’t driving, so both frequency and severity were down. Then, we started to see a little bit of a shift. So on a year-over-year basis, claim frequency went up significantly.”</p><p><blockquote>CFRA Research分析师Cathy Seifert表示:“保险业绩尤其疲软。”“我们从许多运营商那里看到的是,与去年同期相比,2020年第二季度,人们处于封锁模式,人们没有开车,因此频率和严重程度都下降了。然后,我们开始看到一点变化。因此,与去年同期相比,索赔频率显着上升。”</blockquote></p><p> Railroad Gains</p><p><blockquote>铁路收益</blockquote></p><p> Berkshire’s railroad, BNSF, posted record quarterly profit helped by its efforts in the past to boost productivity and the economic recovery.</p><p><blockquote>伯克希尔旗下的铁路公司BNSF公布了创纪录的季度利润,这得益于其过去提高生产率和经济复苏的努力。</blockquote></p><p> Freight volumes increased across all of its product categories --- consumer, industrial, agricultural and coal. Consumer-product shipping has benefited from e-commerce activity and auto shipments, Berkshire said.</p><p><blockquote>消费品、工业、农业和煤炭等所有产品类别的货运量均有所增长。伯克希尔表示,消费品运输受益于电子商务活动和汽车运输。</blockquote></p><p> “They reported a pretty strong increase in volumes revenue,” Edward Jones’s Shanahan said. “What is really powerful about the BNSF results is that the margins are really strong.”</p><p><blockquote>“他们报告销量收入增长相当强劲,”爱德华·琼斯的沙纳汉说。“BNSF业绩的真正强大之处在于利润率非常高。”</blockquote></p><p></p>","source":"lsy1612507957220","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Berkshire Buoyed as U.S. Rebound Fires Up Manufacturers<blockquote>美国经济反弹提振制造商,伯克希尔哈撒韦公司受到提振</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBerkshire Buoyed as U.S. Rebound Fires Up Manufacturers<blockquote>美国经济反弹提振制造商,伯克希尔哈撒韦公司受到提振</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Bloomberg</strong><span class=\"h-time small\">2021-08-09 21:10</span>\n</p>\n</h4>\n</header>\n<article>\n<p>(Bloomberg) -- Warren Buffett’s Berkshire Hathaway Inc. is reaping the benefits of the U.S. economic recovery.</p><p><blockquote>(彭博社)——沃伦·巴菲特的伯克希尔·哈撒韦公司正在收获美国经济复苏的好处。</blockquote></p><p> The conglomerate’s collection of manufacturers and retailers bounced back during the second quarter after being hit hard as the pandemic ripped through the U.S. last year. That group of businesses posted its second-highest quarterly profit in data going back to the middle of 2009 and helped fuel a 21% gain in Berkshire’s total operating profit during the period.</p><p><blockquote>该集团旗下的制造商和零售商在去年疫情席卷美国时遭受重创后,在第二季度出现反弹。该业务集团公布了自2009年中期以来第二高的季度利润,并帮助伯克希尔哈撒韦公司在此期间的总营业利润增长了21%。</blockquote></p><p> “It’s all of the other old economy, manufacturing, service, retailing, transportation businesses that just really reflect the broad economic recovery driving this performance this quarter,” Jim Shanahan, an analyst at Edward Jones, said in a phone interview. “There’s a housing angle here which I think was a really strong contributor this quarter.”</p><p><blockquote>爱德华·琼斯(Edward Jones)分析师吉姆·沙纳汉(Jim Shanahan)在接受电话采访时表示:“所有其他旧经济、制造业、服务业、零售业、运输业才真正反映了推动本季度业绩的广泛经济复苏。”“这里有一个住房角度,我认为这是本季度的一个非常强大的贡献者。”</blockquote></p><p> Buffett has built Berkshire into a broad business with footholds in industries including insurance, energy and retail. But that exposure to a wide slice of the U.S. economy weighed on it last year with businesses including See’s Candies having to furlough workers at the start of the shutdowns. Now, the outlook appears brighter.</p><p><blockquote>巴菲特将伯克希尔打造成为一家广泛的企业,在保险、能源和零售等行业都有立足点。但去年,这种对美国经济大部分地区的敞口给其带来了压力,包括喜诗糖果在内的企业不得不在停工之初让工人休假。现在,前景似乎更加光明。</blockquote></p><p> “Many of our businesses generated significantly higher earnings over the first half of 2021 compared to 2020, which included significant adverse effects from the pandemic,” Berkshire said in a regulatory filing Saturday. “Earnings of our manufacturing, service and retail businesses in 2021 benefited from higher customer demand in many of our businesses and exceeded earnings in 2019 as well.”</p><p><blockquote>伯克希尔在周六提交的监管文件中表示:“与2020年相比,我们的许多业务在2021年上半年的盈利显着增加,其中包括疫情的重大不利影响。”“2021年,我们制造、服务和零售业务的盈利受益于我们许多业务的客户需求增加,也超过了2019年的盈利。”</blockquote></p><p> Berkshire’s group of building-products companies accounted for a particular source of strength during the quarter. Earnings at those operations were up almost 40%, helped by the boon in housing construction in the U.S. Tom Russo, a Berkshire shareholder, said the strength of those businesses combined with the challenge of disrupting them through technology makes them a good part of Berkshire’s composition.</p><p><blockquote>伯克希尔的建筑产品公司集团是本季度的一个特殊优势来源。在美国住房建设繁荣的帮助下,这些业务的盈利增长了近40%。伯克希尔股东汤姆·鲁索(Tom Russo)表示,这些业务的实力加上通过技术颠覆它们的挑战,使它们成为伯克希尔的重要组成部分。组成。</blockquote></p><p> “The businesses have a certain underlying recurrence that I think makes them attractive,” Russo, who oversees $10 billion including investments in Berkshire shares at Gardner Russo & Quinn LLC, said in a phone interview.</p><p><blockquote>“这些业务具有一定的潜在经常性,我认为这使它们具有吸引力,”Russo在接受电话采访时表示,他在Gardner Russo&Quinn LLC管理着100亿美元的伯克希尔股票投资。</blockquote></p><p> What Bloomberg Intelligence Says</p><p><blockquote>彭博资讯怎么说</blockquote></p><p> “Warren Buffett’s Berkshire Hathaway is on pace for a solid 2H on the back of about 30% operating unit earnings growth in 2Q. This was an easy comparison, but earnings were above 2016-19 averages in all four segments. ”</p><p><blockquote>“沃伦·巴菲特的伯克希尔·哈撒韦公司在第二季度运营部门盈利增长约30%的背景下,有望实现稳健的第二季度业绩。这是一个简单的比较,但所有四个部门的盈利均高于2016-19年的平均水平。”</blockquote></p><p> --Matthew Palazola, a senior industry analyst, and Kylie Towbin, an associate analyst</p><p><blockquote>——高级行业分析师Matthew Palazola和助理分析师Kylie Towbin</blockquote></p><p> Still, Berkshire wasn’t immune to the supply-chain pressures that have been a persistent economic theme since the early days of the outbreak. Higher costs for certain materials such as lumber and steel caused some of those operations to ramp up their own prices, Berkshire said.</p><p><blockquote>尽管如此,伯克希尔也未能幸免于供应链压力,自疫情爆发初期以来,供应链压力一直是一个持续的经济主题。伯克希尔表示,木材和钢铁等某些材料的成本上升导致其中一些业务提高了自身价格。</blockquote></p><p> Not every Berkshire business bounced back fully. Precision Castparts Corp., which makes parts for aircraft and suffered a large writedown last year, reported revenue declines during the period even as earnings climbed slightly due to efforts to restructure the business. And Berkshire warned that supply-chain issues could continue to weigh on that business.</p><p><blockquote>并非伯克希尔的每项业务都完全反弹。Precision Castparts Corp.生产飞机零部件,去年遭受了大量减记,该公司报告称,尽管由于业务重组努力,盈利略有攀升,但在此期间收入下降。伯克希尔警告称,供应链问题可能会继续给该业务带来压力。</blockquote></p><p> “The Covid-19 pandemic contributed to material declines in commercial air travel and aircraft production in 2020,” Berkshire said in the filing. “While air travel in the U.S. is increasing in 2021, we do not expect significant increases in PCC’s aerospace demand to occur in the near term due to the inventory levels currently within the industry supply chain. Consequently, we anticipate PCC’s revenues and earnings in 2021 will be below pre-pandemic levels.”</p><p><blockquote>伯克希尔在文件中表示:“Covid-19大流行导致2020年商业航空旅行和飞机产量大幅下降。”“虽然2021年美国的航空旅行将会增加,但由于行业供应链中目前的库存水平,我们预计PCC的航空航天需求短期内不会大幅增加。因此,我们预计PCC 2021年的收入和盈利将低于大流行前的水平。”</blockquote></p><p> Here are other takeaways from Berkshire’s second-quarter earnings:</p><p><blockquote>以下是伯克希尔第二季度收益的其他要点:</blockquote></p><p> Buybacks</p><p><blockquote>回购</blockquote></p><p> Berkshire pulled back on one of Buffett’s more heavily used capital-deployment levers in recent years. The conglomerate bought back $6 billion of stock, down from the $6.6 billion repurchased during the first three months of the year, with June being the busiest month for repurchases for the company.</p><p><blockquote>伯克希尔哈撒韦公司撤回了巴菲特近年来最常用的资本配置杠杆之一。该集团回购了60亿美元的股票,低于今年前三个月回购的66亿美元,其中6月是该公司回购最繁忙的月份。</blockquote></p><p> That contributed to Berkshire’s cash pile remaining fairly steady at $144 billion, just slightly below its record size. Buffett has struggled in recent years to find attractive ways to put that money to work, and that continued during the second quarter.</p><p><blockquote>这使得伯克希尔的现金储备保持相当稳定,为1440亿美元,略低于其创纪录的规模。近年来,巴菲特一直在努力寻找有吸引力的方式来利用这笔钱,这种情况在第二季度仍在继续。</blockquote></p><p> “He’s very price-sensitive about the buybacks,” said Bill Smead, chief investment officer of Smead Capital Management, which oversees investments including in Berkshire shares.</p><p><blockquote>“他对回购非常敏感,”斯米德资本管理公司首席投资官比尔·斯米德表示,该公司负责监管包括伯克希尔股票在内的投资。</blockquote></p><p> Still, the $6 billion of repurchases was the fourth-highest amount of stock bought back since Berkshire tweaked its policy in 2018. And there are signs the relatively high level of repurchases could continue. Berkshire appears to have bought back at least $1.7 billion of stock from the end of June through July 26, according to the filing.</p><p><blockquote>尽管如此,60亿美元的回购是自伯克希尔2018年调整政策以来第四高的股票回购金额。有迹象表明,相对较高水平的回购可能会持续下去。文件显示,从6月底到7月26日,伯克希尔似乎回购了至少17亿美元的股票。</blockquote></p><p> Stock Sales</p><p><blockquote>库存销售</blockquote></p><p></p><p> Buffett continued to be rather cautious on the U.S. stock market. Berkshire ended up selling $1.1 billion of stocks, on a net basis, during the period, marking its third straight quarter of being a net seller.</p><p><blockquote>巴菲特继续对美国股市持相当谨慎的态度。在此期间,伯克希尔哈撒韦公司最终净出售了11亿美元的股票,这是其连续第三个季度成为净卖家。</blockquote></p><p> The conglomerate is facing even more expensive stock prices as the S&P 500 hit new highs during the quarter. Some of the sales appear to come from a reduction in Berkshire’s industrial, commercial and other stock holdings. The exact investments the company trimmed will appear in a regulatory filing later this month.</p><p><blockquote>随着标普500在本季度创下新高,该集团面临着更昂贵的股价。部分出售似乎来自伯克希尔减持的工业、商业和其他股票。该公司削减的具体投资将在本月晚些时候的监管文件中公布。</blockquote></p><p> “I don’t think stocks are cheap. I think a lot of areas of the market are fully priced or maybe more than fully priced,” said James Armstrong, who manages assets including Berkshire shares as president of Henry H. Armstrong Associates. “There’s no urgency to pile money into stocks that are fully priced or overpriced. So I think you’re just seeing good discipline on Berkshire’s part.”</p><p><blockquote>“我认为股票并不便宜。我认为市场的许多领域都已完全定价,或者可能超过完全定价,”詹姆斯·阿姆斯特朗(James Armstrong)表示,他作为亨利·H·阿姆斯特朗(Henry H.Armstrong Associates)总裁管理包括伯克希尔股票在内的资产。“没有必要将资金投入完全定价或定价过高的股票。所以我认为你只是看到了伯克希尔方面良好的纪律。”</blockquote></p><p> Car Accidents</p><p><blockquote>车祸</blockquote></p><p> Auto insurers have felt the pain from more drivers hitting the road, and Berkshire’s Geico was no exception. The company ended up posting a nearly 70% decline in underwriting profit during the second quarter.</p><p><blockquote>汽车保险公司感受到了更多司机上路带来的痛苦,伯克希尔的Geico也不例外。该公司第二季度承保利润下降了近70%。</blockquote></p><p> It was hurt by an increase in the frequency of losses and the severity of those claims. The frequency was affected by more drivers getting behind the wheel amid reopenings in the U.S.</p><p><blockquote>损失频率的增加和这些索赔的严重性损害了它。随着美国重新开放,更多司机开车,这一频率受到了影响。</blockquote></p><p> “The insurance results were particularly weak,” Cathy Seifert, an analyst at CFRA Research, said. “What we saw from a lot of the carriers was, on a year-over-year basis, the second quarter of 2020, people were on lockdown mode, people weren’t driving, so both frequency and severity were down. Then, we started to see a little bit of a shift. So on a year-over-year basis, claim frequency went up significantly.”</p><p><blockquote>CFRA Research分析师Cathy Seifert表示:“保险业绩尤其疲软。”“我们从许多运营商那里看到的是,与去年同期相比,2020年第二季度,人们处于封锁模式,人们没有开车,因此频率和严重程度都下降了。然后,我们开始看到一点变化。因此,与去年同期相比,索赔频率显着上升。”</blockquote></p><p> Railroad Gains</p><p><blockquote>铁路收益</blockquote></p><p> Berkshire’s railroad, BNSF, posted record quarterly profit helped by its efforts in the past to boost productivity and the economic recovery.</p><p><blockquote>伯克希尔旗下的铁路公司BNSF公布了创纪录的季度利润,这得益于其过去提高生产率和经济复苏的努力。</blockquote></p><p> Freight volumes increased across all of its product categories --- consumer, industrial, agricultural and coal. Consumer-product shipping has benefited from e-commerce activity and auto shipments, Berkshire said.</p><p><blockquote>消费品、工业、农业和煤炭等所有产品类别的货运量均有所增长。伯克希尔表示,消费品运输受益于电子商务活动和汽车运输。</blockquote></p><p> “They reported a pretty strong increase in volumes revenue,” Edward Jones’s Shanahan said. “What is really powerful about the BNSF results is that the margins are really strong.”</p><p><blockquote>“他们报告销量收入增长相当强劲,”爱德华·琼斯的沙纳汉说。“BNSF业绩的真正强大之处在于利润率非常高。”</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源:<a href=\"https://finance.yahoo.com/news/berkshire-buoyed-u-rebound-fires-130000384.html\">Bloomberg</a></p>\n<p>为提升您的阅读体验,我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BRK.A":"伯克希尔","BRK.B":"伯克希尔B"},"source_url":"https://finance.yahoo.com/news/berkshire-buoyed-u-rebound-fires-130000384.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1169468024","content_text":"(Bloomberg) -- Warren Buffett’s Berkshire Hathaway Inc. is reaping the benefits of the U.S. economic recovery.\nThe conglomerate’s collection of manufacturers and retailers bounced back during the second quarter after being hit hard as the pandemic ripped through the U.S. last year. That group of businesses posted its second-highest quarterly profit in data going back to the middle of 2009 and helped fuel a 21% gain in Berkshire’s total operating profit during the period.\n“It’s all of the other old economy, manufacturing, service, retailing, transportation businesses that just really reflect the broad economic recovery driving this performance this quarter,” Jim Shanahan, an analyst at Edward Jones, said in a phone interview. “There’s a housing angle here which I think was a really strong contributor this quarter.”\nBuffett has built Berkshire into a broad business with footholds in industries including insurance, energy and retail. But that exposure to a wide slice of the U.S. economy weighed on it last year with businesses including See’s Candies having to furlough workers at the start of the shutdowns. Now, the outlook appears brighter.\n“Many of our businesses generated significantly higher earnings over the first half of 2021 compared to 2020, which included significant adverse effects from the pandemic,” Berkshire said in a regulatory filing Saturday. “Earnings of our manufacturing, service and retail businesses in 2021 benefited from higher customer demand in many of our businesses and exceeded earnings in 2019 as well.”\nBerkshire’s group of building-products companies accounted for a particular source of strength during the quarter. Earnings at those operations were up almost 40%, helped by the boon in housing construction in the U.S. Tom Russo, a Berkshire shareholder, said the strength of those businesses combined with the challenge of disrupting them through technology makes them a good part of Berkshire’s composition.\n“The businesses have a certain underlying recurrence that I think makes them attractive,” Russo, who oversees $10 billion including investments in Berkshire shares at Gardner Russo & Quinn LLC, said in a phone interview.\nWhat Bloomberg Intelligence Says\n“Warren Buffett’s Berkshire Hathaway is on pace for a solid 2H on the back of about 30% operating unit earnings growth in 2Q. This was an easy comparison, but earnings were above 2016-19 averages in all four segments. ”\n--Matthew Palazola, a senior industry analyst, and Kylie Towbin, an associate analyst\nStill, Berkshire wasn’t immune to the supply-chain pressures that have been a persistent economic theme since the early days of the outbreak. Higher costs for certain materials such as lumber and steel caused some of those operations to ramp up their own prices, Berkshire said.\nNot every Berkshire business bounced back fully. Precision Castparts Corp., which makes parts for aircraft and suffered a large writedown last year, reported revenue declines during the period even as earnings climbed slightly due to efforts to restructure the business. And Berkshire warned that supply-chain issues could continue to weigh on that business.\n“The Covid-19 pandemic contributed to material declines in commercial air travel and aircraft production in 2020,” Berkshire said in the filing. “While air travel in the U.S. is increasing in 2021, we do not expect significant increases in PCC’s aerospace demand to occur in the near term due to the inventory levels currently within the industry supply chain. Consequently, we anticipate PCC’s revenues and earnings in 2021 will be below pre-pandemic levels.”\nHere are other takeaways from Berkshire’s second-quarter earnings:\nBuybacks\nBerkshire pulled back on one of Buffett’s more heavily used capital-deployment levers in recent years. The conglomerate bought back $6 billion of stock, down from the $6.6 billion repurchased during the first three months of the year, with June being the busiest month for repurchases for the company.\nThat contributed to Berkshire’s cash pile remaining fairly steady at $144 billion, just slightly below its record size. Buffett has struggled in recent years to find attractive ways to put that money to work, and that continued during the second quarter.\n“He’s very price-sensitive about the buybacks,” said Bill Smead, chief investment officer of Smead Capital Management, which oversees investments including in Berkshire shares.\nStill, the $6 billion of repurchases was the fourth-highest amount of stock bought back since Berkshire tweaked its policy in 2018. And there are signs the relatively high level of repurchases could continue. Berkshire appears to have bought back at least $1.7 billion of stock from the end of June through July 26, according to the filing.\nStock Sales\nBuffett continued to be rather cautious on the U.S. stock market. Berkshire ended up selling $1.1 billion of stocks, on a net basis, during the period, marking its third straight quarter of being a net seller.\nThe conglomerate is facing even more expensive stock prices as the S&P 500 hit new highs during the quarter. Some of the sales appear to come from a reduction in Berkshire’s industrial, commercial and other stock holdings. The exact investments the company trimmed will appear in a regulatory filing later this month.\n“I don’t think stocks are cheap. I think a lot of areas of the market are fully priced or maybe more than fully priced,” said James Armstrong, who manages assets including Berkshire shares as president of Henry H. Armstrong Associates. “There’s no urgency to pile money into stocks that are fully priced or overpriced. So I think you’re just seeing good discipline on Berkshire’s part.”\nCar Accidents\nAuto insurers have felt the pain from more drivers hitting the road, and Berkshire’s Geico was no exception. The company ended up posting a nearly 70% decline in underwriting profit during the second quarter.\nIt was hurt by an increase in the frequency of losses and the severity of those claims. The frequency was affected by more drivers getting behind the wheel amid reopenings in the U.S.\n“The insurance results were particularly weak,” Cathy Seifert, an analyst at CFRA Research, said. “What we saw from a lot of the carriers was, on a year-over-year basis, the second quarter of 2020, people were on lockdown mode, people weren’t driving, so both frequency and severity were down. Then, we started to see a little bit of a shift. So on a year-over-year basis, claim frequency went up significantly.”\nRailroad Gains\nBerkshire’s railroad, BNSF, posted record quarterly profit helped by its efforts in the past to boost productivity and the economic recovery.\nFreight volumes increased across all of its product categories --- consumer, industrial, agricultural and coal. Consumer-product shipping has benefited from e-commerce activity and auto shipments, Berkshire said.\n“They reported a pretty strong increase in volumes revenue,” Edward Jones’s Shanahan said. “What is really powerful about the BNSF results is that the margins are really strong.”","news_type":1,"symbols_score_info":{"BRK.A":0.9,"BRK.B":0.9}},"isVote":1,"tweetType":1,"viewCount":262,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":142757463,"gmtCreate":1626179831352,"gmtModify":1631889847215,"author":{"id":"3558745050670066","authorId":"3558745050670066","name":"TLC","avatar":"https://static.tigerbbs.com/11d1776e1c83ca58302f11c2008b9247","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3558745050670066","idStr":"3558745050670066"},"themes":[],"htmlText":"Good","listText":"Good","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/142757463","repostId":"1162410134","repostType":4,"repost":{"id":"1162410134","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1626179564,"share":"https://www.laohu8.com/m/news/1162410134?lang=zh_CN&edition=full","pubTime":"2021-07-13 20:32","market":"us","language":"en","title":"Consumer price index increases 5.4% in June vs. 5% estimate<blockquote>6月份消费者价格指数上涨5.4%,预期为5%</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1162410134","media":"Tiger Newspress","summary":"Inflation continued its rapid surge in June, rising its fastest pace in nearly 13 years, the Labor D","content":"<p>Inflation continued its rapid surge in June, rising its fastest pace in nearly 13 years, the Labor Department reported Tuesday.</p><p><blockquote>美国劳工部周二报告称,6月份通胀继续快速飙升,增速创近13年来最快。</blockquote></p><p> The consumer price index increased 5.4% from a year ago, the largest jump since just before the financial crisis. Economists surveyed by Dow Jones had been expecting a 5% gain.</p><p><blockquote>消费者价格指数同比上涨5.4%,为金融危机爆发前以来最大涨幅。道琼斯调查的经济学家此前预计将上涨5%。</blockquote></p><p> Stripping out volatile food and energy prices, the core CPI rose 4.5%, the sharpest move for that measure since September 1991 and well above the estimate of 3.8%.</p><p><blockquote>剔除波动较大的食品和能源价格,核心CPI上涨4.5%,为1991年9月以来该指标的最大涨幅,远高于3.8%的预期。</blockquote></p><p> Inflation has been rising due to a number of factors, including supply chain bottlenecks, extraordinarily high demand as the Covid-19 pandemic eases, and year-over-year comparisons to a time when the economy was struggling to reopen in the early months of the crisis.</p><p><blockquote>由于多种因素,通胀一直在上升,包括供应链瓶颈、随着Covid-19大流行的缓解而异常高的需求,以及与危机最初几个月经济难以重新开放时的同比比较。</blockquote></p><p> Policymakers at the Federal Reserve and the White House expect the current pressures to begin to ease, though central bank officials have acknowledged that inflation is stronger and perhaps more durable than they had anticipated.</p><p><blockquote>美联储和白宫的政策制定者预计当前的压力将开始缓解,尽管央行官员承认通胀比他们预期的更强劲,或许更持久。</blockquote></p><p> Much of the price pressures have come from sectors particularly influenced by the shutdown – used car prices, air fares and transportation costs, to name three.</p><p><blockquote>大部分价格压力来自受政府关闭影响特别严重的行业——二手车价格、机票和运输成本等。</blockquote></p><p> However, housing and shelter prices continue to climb, adding fuel to the belief that inflation could stick around for a while.</p><p><blockquote>然而,住房和住房价格继续攀升,加剧了人们对通胀可能会持续一段时间的看法。</blockquote></p><p> Consumers see prices overall up 4.8% in the next 12 months, according to a New York Fed survey released Monday, though a separate survey from Bank of America out Tuesday indicated that</p><p><blockquote>纽约联储周一公布的一项调查显示,消费者预计未来12个月物价总体上涨4.8%,不过美国银行周二公布的另一项调查显示</blockquote></p><p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Consumer price index increases 5.4% in June vs. 5% estimate<blockquote>6月份消费者价格指数上涨5.4%,预期为5%</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nConsumer price index increases 5.4% in June vs. 5% estimate<blockquote>6月份消费者价格指数上涨5.4%,预期为5%</blockquote>\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time smaller\">2021-07-13 20:32</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>Inflation continued its rapid surge in June, rising its fastest pace in nearly 13 years, the Labor Department reported Tuesday.</p><p><blockquote>美国劳工部周二报告称,6月份通胀继续快速飙升,增速创近13年来最快。</blockquote></p><p> The consumer price index increased 5.4% from a year ago, the largest jump since just before the financial crisis. Economists surveyed by Dow Jones had been expecting a 5% gain.</p><p><blockquote>消费者价格指数同比上涨5.4%,为金融危机爆发前以来最大涨幅。道琼斯调查的经济学家此前预计将上涨5%。</blockquote></p><p> Stripping out volatile food and energy prices, the core CPI rose 4.5%, the sharpest move for that measure since September 1991 and well above the estimate of 3.8%.</p><p><blockquote>剔除波动较大的食品和能源价格,核心CPI上涨4.5%,为1991年9月以来该指标的最大涨幅,远高于3.8%的预期。</blockquote></p><p> Inflation has been rising due to a number of factors, including supply chain bottlenecks, extraordinarily high demand as the Covid-19 pandemic eases, and year-over-year comparisons to a time when the economy was struggling to reopen in the early months of the crisis.</p><p><blockquote>由于多种因素,通胀一直在上升,包括供应链瓶颈、随着Covid-19大流行的缓解而异常高的需求,以及与危机最初几个月经济难以重新开放时的同比比较。</blockquote></p><p> Policymakers at the Federal Reserve and the White House expect the current pressures to begin to ease, though central bank officials have acknowledged that inflation is stronger and perhaps more durable than they had anticipated.</p><p><blockquote>美联储和白宫的政策制定者预计当前的压力将开始缓解,尽管央行官员承认通胀比他们预期的更强劲,或许更持久。</blockquote></p><p> Much of the price pressures have come from sectors particularly influenced by the shutdown – used car prices, air fares and transportation costs, to name three.</p><p><blockquote>大部分价格压力来自受政府关闭影响特别严重的行业——二手车价格、机票和运输成本等。</blockquote></p><p> However, housing and shelter prices continue to climb, adding fuel to the belief that inflation could stick around for a while.</p><p><blockquote>然而,住房和住房价格继续攀升,加剧了人们对通胀可能会持续一段时间的看法。</blockquote></p><p> Consumers see prices overall up 4.8% in the next 12 months, according to a New York Fed survey released Monday, though a separate survey from Bank of America out Tuesday indicated that</p><p><blockquote>纽约联储周一公布的一项调查显示,消费者预计未来12个月物价总体上涨4.8%,不过美国银行周二公布的另一项调查显示</blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite",".DJI":"道琼斯",".SPX":"S&P 500 Index"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1162410134","content_text":"Inflation continued its rapid surge in June, rising its fastest pace in nearly 13 years, the Labor Department reported Tuesday.\nThe consumer price index increased 5.4% from a year ago, the largest jump since just before the financial crisis. Economists surveyed by Dow Jones had been expecting a 5% gain.\nStripping out volatile food and energy prices, the core CPI rose 4.5%, the sharpest move for that measure since September 1991 and well above the estimate of 3.8%.\nInflation has been rising due to a number of factors, including supply chain bottlenecks, extraordinarily high demand as the Covid-19 pandemic eases, and year-over-year comparisons to a time when the economy was struggling to reopen in the early months of the crisis.\nPolicymakers at the Federal Reserve and the White House expect the current pressures to begin to ease, though central bank officials have acknowledged that inflation is stronger and perhaps more durable than they had anticipated.\nMuch of the price pressures have come from sectors particularly influenced by the shutdown – used car prices, air fares and transportation costs, to name three.\nHowever, housing and shelter prices continue to climb, adding fuel to the belief that inflation could stick around for a while.\nConsumers see prices overall up 4.8% in the next 12 months, according to a New York Fed survey released Monday, though a separate survey from Bank of America out Tuesday indicated that","news_type":1,"symbols_score_info":{".DJI":0.9,".SPX":0.9,".IXIC":0.9}},"isVote":1,"tweetType":1,"viewCount":421,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":122770577,"gmtCreate":1624634854999,"gmtModify":1631892900712,"author":{"id":"3558745050670066","authorId":"3558745050670066","name":"TLC","avatar":"https://static.tigerbbs.com/11d1776e1c83ca58302f11c2008b9247","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3558745050670066","idStr":"3558745050670066"},"themes":[],"htmlText":"Looking forward for the rise","listText":"Looking forward for the rise","text":"Looking forward for the rise","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/122770577","repostId":"1198714523","repostType":2,"isVote":1,"tweetType":1,"viewCount":745,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}