CL777的个人主页 - 老虎社区

CL777

CL777

Bull will triumph over bear!

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1026粉丝

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0勋章

2021-06-15

Wow

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2021-08-19

Good time to buy

Stocks End the Day in an Ugly Way After Fed Minutes Show Taper Talk Is Serious<blockquote>美联储会议纪要显示缩减购债计划是严肃的，股市以丑陋的方式收盘</blockquote>

2021-04-13

Amazing apple

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2021-07-03

How much more to go before the correction?

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2021-06-26

Amazing

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2021-07-01

So high

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2021-08-29

Pressure coming for salesforce

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2021-08-20

Amazing amazon!

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2021-04-22

Amazing

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2021-04-09

More to come for Amzn and Appl

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2021-06-25

Good

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2021-06-20

Let’s see if he is right next week.

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2021-04-03

Amazing

U.S. added 916,000 jobs in March, above expectations<blockquote>美国3月新增就业91.6万个，高于预期</blockquote>

2021-06-24

Amazing

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2021-06-02

Amazon will thrive ultimately

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2021-06-01

Not another e-commerce platform. Too crowded

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2021-09-11

Back to $130 soon

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2021-09-03

At most back to $120 level..

Bear Attack: Could Apple Stock Really Drop 40%?<blockquote>空头攻击：苹果股价真的会下跌40%吗？</blockquote>

2021-08-27

That’s serious

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2021-08-14

Temporary rise.. back to $170 level

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Mark!","listText":"Remove Mark!","text":"Remove Mark!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/607640823","repostId":"1150850336","repostType":4,"isVote":1,"tweetType":1,"viewCount":3796,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":607640186,"gmtCreate":1639536217235,"gmtModify":1639536226264,"author":{"id":"3560241002253187","authorId":"3560241002253187","name":"CL777","avatar":"https://static.tigerbbs.com/e9aef3dd830373a0427a3447b1b564e3","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3560241002253187","idStr":"3560241002253187"},"themes":[],"htmlText":"$240 will be a good entry point&nbsp;","listText":"$240 will be a good entry point&nbsp;","text":"$240 will be a good entry point","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/607640186","repostId":"1115021877","repostType":4,"repost":{"id":"1115021877","kind":"news","pubTimestamp":1639535620,"share":"https://www.laohu8.com/m/news/1115021877?lang=zh_CN&edition=full","pubTime":"2021-12-15 10:33","market":"us","language":"en","title":"Why Salesforce.com Stock Is Down<blockquote>为什么Salesforce.com股票下跌</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1115021877","media":"Motley Fool","summary":"Key Points\n\nThe software-as-a-service company recently provided weaker-than-expected fiscal fourth-q","content":"<p><b>Key Points</b></p><p><blockquote><b>要点</b></blockquote></p><p> <ul>  <li>The software-as-a-service company recently provided weaker-than-expected fiscal fourth-quarter revenue guidance.</li>  <li>Shares of Salesforce have been slammed amid a sell-off that has largely been targeting tech stocks.</li> </ul> <b>What happened</b></p><p><blockquote><ul><li>这家软件即服务公司最近提供的第四财季收入指引弱于预期。</li><li>Salesforce的股价在主要针对科技股的抛售中遭受重创。</li></ul><b>发生了什么</b></blockquote></p><p> Shares of customer relationship management software company&nbsp;<b>Salesforce.com</b>(NYSE:CRM)fell sharply on Tuesday. The stock declined as much as 4.5%, but shares were down 3.83% as of 4 p.m. ET.</p><p><blockquote>客户关系管理软件公司股票<b>Salesforce.com</b>（纽约证券交易所代码：CRM）周二大幅下跌。该股跌幅高达4.5%，但截至下午4点，股价下跌3.83%。等。</blockquote></p><p> The stock's pullback is likely primarily due to general weakness in many tech stocks on Tuesday.</p><p><blockquote>该股回调可能主要是由于周二许多科技股普遍疲软。</blockquote></p><p> <b>So what</b></p><p><blockquote><b>那又怎样</b></blockquote></p><p> Salesforce's decline comes not long after the company reported strong fiscal third-quarter results but provided mixed guidance for its fourth quarter of fiscal 2022. Revenue in the company's fiscal third quarter rose 27% year, coming in about in line with analyst expectations. Adjusted earnings per share for the period were slightly better than expected. While the company's revenue guidance for the fourth quarter of fiscal 2022 was above analysts' consensus estimate, management's view for revenue in the first quarter of fiscal 2023 was slightly below what analysts were expecting.</p><p><blockquote>Salesforce的下滑发生在该公司公布强劲的第三财季业绩后不久，但为2022财年第四季度提供了好坏参半的指引。该公司第三财季营收同比增长27%，大致符合分析师预期。期内调整后每股收益略好于预期。虽然该公司2022财年第四季度的营收指引高于分析师的普遍预期，但管理层对2023财年第一季度营收的看法略低于分析师的预期。</blockquote></p><p> <b>Now what</b></p><p><blockquote><b>现在怎么办</b></blockquote></p><p> The market seems to be bearish on tech stocks recently, as investors seem to be paring back on some investments with premium valuations amid worse-than-expected inflation data and potential rate hikes from the Federal Reserve around the corner.</p><p><blockquote>市场最近似乎看空科技股，因为在通胀数据差于预期以及美联储可能加息在即的情况下，投资者似乎正在削减一些估值溢价的投资。</blockquote></p><p> But investors may want to put Salesforce stock on their watch list, as the stock has been punished pretty badly recently, falling 17% over the past 30 days. Moreover, the stock's 14% year-to-date gain is well behind the S&amp;P 500's 23% gain this year.</p><p><blockquote>但投资者可能希望将Salesforce股票列入观察名单，因为该股最近受到了相当严重的惩罚，在过去30天内下跌了17%。此外，该股今年迄今14%的涨幅远远落后于标普500今年23%的涨幅。</blockquote></p><p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Why Salesforce.com Stock Is Down<blockquote>为什么Salesforce.com股票下跌</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhy Salesforce.com Stock Is Down<blockquote>为什么Salesforce.com股票下跌</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Motley Fool</strong><span class=\"h-time small\">2021-12-15 10:33</span>\n</p>\n</h4>\n</header>\n<article>\n<p><b>Key Points</b></p><p><blockquote><b>要点</b></blockquote></p><p> <ul>  <li>The software-as-a-service company recently provided weaker-than-expected fiscal fourth-quarter revenue guidance.</li>  <li>Shares of Salesforce have been slammed amid a sell-off that has largely been targeting tech stocks.</li> </ul> <b>What happened</b></p><p><blockquote><ul><li>这家软件即服务公司最近提供的第四财季收入指引弱于预期。</li><li>Salesforce的股价在主要针对科技股的抛售中遭受重创。</li></ul><b>发生了什么</b></blockquote></p><p> Shares of customer relationship management software company&nbsp;<b>Salesforce.com</b>(NYSE:CRM)fell sharply on Tuesday. The stock declined as much as 4.5%, but shares were down 3.83% as of 4 p.m. ET.</p><p><blockquote>客户关系管理软件公司股票<b>Salesforce.com</b>（纽约证券交易所代码：CRM）周二大幅下跌。该股跌幅高达4.5%，但截至下午4点，股价下跌3.83%。等。</blockquote></p><p> The stock's pullback is likely primarily due to general weakness in many tech stocks on Tuesday.</p><p><blockquote>该股回调可能主要是由于周二许多科技股普遍疲软。</blockquote></p><p> <b>So what</b></p><p><blockquote><b>那又怎样</b></blockquote></p><p> Salesforce's decline comes not long after the company reported strong fiscal third-quarter results but provided mixed guidance for its fourth quarter of fiscal 2022. Revenue in the company's fiscal third quarter rose 27% year, coming in about in line with analyst expectations. Adjusted earnings per share for the period were slightly better than expected. While the company's revenue guidance for the fourth quarter of fiscal 2022 was above analysts' consensus estimate, management's view for revenue in the first quarter of fiscal 2023 was slightly below what analysts were expecting.</p><p><blockquote>Salesforce的下滑发生在该公司公布强劲的第三财季业绩后不久，但为2022财年第四季度提供了好坏参半的指引。该公司第三财季营收同比增长27%，大致符合分析师预期。期内调整后每股收益略好于预期。虽然该公司2022财年第四季度的营收指引高于分析师的普遍预期，但管理层对2023财年第一季度营收的看法略低于分析师的预期。</blockquote></p><p> <b>Now what</b></p><p><blockquote><b>现在怎么办</b></blockquote></p><p> The market seems to be bearish on tech stocks recently, as investors seem to be paring back on some investments with premium valuations amid worse-than-expected inflation data and potential rate hikes from the Federal Reserve around the corner.</p><p><blockquote>市场最近似乎看空科技股，因为在通胀数据差于预期以及美联储可能加息在即的情况下，投资者似乎正在削减一些估值溢价的投资。</blockquote></p><p> But investors may want to put Salesforce stock on their watch list, as the stock has been punished pretty badly recently, falling 17% over the past 30 days. Moreover, the stock's 14% year-to-date gain is well behind the S&amp;P 500's 23% gain this year.</p><p><blockquote>但投资者可能希望将Salesforce股票列入观察名单，因为该股最近受到了相当严重的惩罚，在过去30天内下跌了17%。此外，该股今年迄今14%的涨幅远远落后于标普500今年23%的涨幅。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.fool.com/investing/2021/12/14/why-salesforcecom-stock-is-down-today/\">Motley Fool</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"CRM":"赛富时"},"source_url":"https://www.fool.com/investing/2021/12/14/why-salesforcecom-stock-is-down-today/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1115021877","content_text":"Key Points\n\nThe software-as-a-service company recently provided weaker-than-expected fiscal fourth-quarter revenue guidance.\nShares of Salesforce have been slammed amid a sell-off that has largely been targeting tech stocks.\n\nWhat happened\nShares of customer relationship management software company Salesforce.com(NYSE:CRM)fell sharply on Tuesday. The stock declined as much as 4.5%, but shares were down 3.83% as of 4 p.m. ET.\nThe stock's pullback is likely primarily due to general weakness in many tech stocks on Tuesday.\nSo what\nSalesforce's decline comes not long after the company reported strong fiscal third-quarter results but provided mixed guidance for its fourth quarter of fiscal 2022. Revenue in the company's fiscal third quarter rose 27% year, coming in about in line with analyst expectations. Adjusted earnings per share for the period were slightly better than expected. While the company's revenue guidance for the fourth quarter of fiscal 2022 was above analysts' consensus estimate, management's view for revenue in the first quarter of fiscal 2023 was slightly below what analysts were expecting.\nNow what\nThe market seems to be bearish on tech stocks recently, as investors seem to be paring back on some investments with premium valuations amid worse-than-expected inflation data and potential rate hikes from the Federal Reserve around the corner.\nBut investors may want to put Salesforce stock on their watch list, as the stock has been punished pretty badly recently, falling 17% over the past 30 days. Moreover, the stock's 14% year-to-date gain is well behind the S&P 500's 23% gain this year.","news_type":1,"symbols_score_info":{"CRM":0.9}},"isVote":1,"tweetType":1,"viewCount":3504,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":607657493,"gmtCreate":1639536195144,"gmtModify":1639536204185,"author":{"id":"3560241002253187","authorId":"3560241002253187","name":"CL777","avatar":"https://static.tigerbbs.com/e9aef3dd830373a0427a3447b1b564e3","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3560241002253187","idStr":"3560241002253187"},"themes":[],"htmlText":"Again.. short term only&nbsp;","listText":"Again.. short term only&nbsp;","text":"Again.. short term only","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/607657493","repostId":"2191784951","repostType":4,"isVote":1,"tweetType":1,"viewCount":3325,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":604486025,"gmtCreate":1639439040146,"gmtModify":1639439049165,"author":{"id":"3560241002253187","authorId":"3560241002253187","name":"CL777","avatar":"https://static.tigerbbs.com/e9aef3dd830373a0427a3447b1b564e3","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3560241002253187","idStr":"3560241002253187"},"themes":[],"htmlText":"$350 next","listText":"$350 next","text":"$350 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(CLX).","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/604481547","repostId":"2191984334","repostType":4,"isVote":1,"tweetType":1,"viewCount":3981,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":604166793,"gmtCreate":1639360216726,"gmtModify":1639360278121,"author":{"id":"3560241002253187","authorId":"3560241002253187","name":"CL777","avatar":"https://static.tigerbbs.com/e9aef3dd830373a0427a3447b1b564e3","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3560241002253187","idStr":"3560241002253187"},"themes":[],"htmlText":"Banks should rise more&nbsp;","listText":"Banks should rise more&nbsp;","text":"Banks should rise more","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/604166793","repostId":"1199974831","repostType":4,"isVote":1,"tweetType":1,"viewCount":4476,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":604016443,"gmtCreate":1639279811717,"gmtModify":1639279867204,"author":{"id":"3560241002253187","authorId":"3560241002253187","name":"CL777","avatar":"https://static.tigerbbs.com/e9aef3dd830373a0427a3447b1b564e3","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3560241002253187","idStr":"3560241002253187"},"themes":[],"htmlText":"That’s a big sum&nbsp;","listText":"That’s a big sum&nbsp;","text":"That’s a big sum","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/604016443","repostId":"2190002673","repostType":4,"isVote":1,"tweetType":1,"viewCount":2889,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":605215924,"gmtCreate":1639180627292,"gmtModify":1639180636152,"author":{"id":"3560241002253187","authorId":"3560241002253187","name":"CL777","avatar":"https://static.tigerbbs.com/e9aef3dd830373a0427a3447b1b564e3","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3560241002253187","idStr":"3560241002253187"},"themes":[],"htmlText":"Slow giant","listText":"Slow giant","text":"Slow giant","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/605215924","repostId":"1137707392","repostType":4,"repost":{"id":"1137707392","kind":"news","pubTimestamp":1639137211,"share":"https://www.laohu8.com/m/news/1137707392?lang=zh_CN&edition=full","pubTime":"2021-12-10 19:53","market":"us","language":"en","title":"Amazon Stock: Why UBS Has High Hopes for the E-commerce Giant<blockquote>亚马逊股票：瑞银为何对这家电子商务巨头寄予厚望</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1137707392","media":"TheStreet","summary":"A recent UBS report assigned Amazon’s stock a strong Buy rating and set its price target at an impre","content":"<p>A recent UBS report assigned Amazon’s stock a strong Buy rating and set its price target at an impressive $4,700. Why is the Swiss bank so bullish on the e-commerce giant?</p><p><blockquote>瑞银最近的一份报告给予亚马逊股票强烈买入评级，并将其目标价设定在令人印象深刻的4700美元。瑞士银行为何如此看好这家电商巨头？</blockquote></p><p> It hasn’t been a great year for&nbsp;<b>Amazon’s</b>&nbsp;stock. Year-to-date, it’s up only roughly 10%. That means Amazon has underperformed the S&amp;P 500 (27%), the Nasdaq Composite (24%), and its FAANG peers – Meta, Apple, Netflix&nbsp;and Alphabet.</p><p><blockquote>这不是一个伟大的一年<b>亚马逊的</b>股票。今年迄今为止，仅上涨了约10%。这意味着亚马逊的表现落后于标普500(27%)、纳斯达克综合指数(24%)及其FAANG同行——Meta、苹果、Netflix和Alphabet。</blockquote></p><p> The reasons for AMZN’s less-than-stellar year are well-known by now: In addition to increased e-commerce competition, Amazon has had to contend with both supply-chain bottlenecks and labor constraints.</p><p><blockquote>亚马逊今年表现不佳的原因现在众所周知：除了电子商务竞争加剧之外，亚马逊还必须应对供应链瓶颈和劳动力限制。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/859137fd59747f3531fd786b5fae3a82\" tg-width=\"893\" tg-height=\"500\" width=\"100%\" height=\"auto\"><span>Figure 1: One of Amazon's fulfilment centers.</span></p><p><blockquote><p class=\"t-img-caption\"><span>图1：亚马逊的一个履行中心。</span></p></blockquote></p><p> However, UBS analyst Kunal Madhukar believes 2022 could be Amazon’s year. In fact, he has named the e-commerce giant his favorite U.S. tech stock and set his price target at $4,700 per share. That would imply upside of roughly 36%.</p><p><blockquote>然而，瑞银分析师Kunal Madhukar认为，2022年可能是亚马逊的一年。事实上，他已将这家电子商务巨头列为他最喜欢的美国科技股，并将目标价定为每股4700美元。这意味着大约36%的上涨空间。</blockquote></p><p> Why is Madhukar so bullish on Amazon? Let’s dig in.</p><p><blockquote>为什么Madhukar如此看好亚马逊？让我们开始吧。</blockquote></p><p> <b>Multiple levers of growth</b></p><p><blockquote><b>多重增长杠杆</b></blockquote></p><p> UBS’s Madhukar believes that Amazon can easily improve its profitability by leaning on its multiple business arms. Despite the e-commerce segment’s struggle to keep traction in 2021, the company can still count on its cloud-computing unit – AWS (Amazon Web Services) – as well as on its advertising segment.</p><p><blockquote>瑞银的Madhukar认为，亚马逊可以通过依靠其多个业务部门轻松提高盈利能力。尽管电子商务部门在2021年难以保持吸引力，但该公司仍然可以依靠其云计算部门AWS（亚马逊网络服务）以及广告部门。</blockquote></p><p> In addition, Amazon can simply raise its prices.</p><p><blockquote>此外，亚马逊可以简单地提高价格。</blockquote></p><p> In fact, Amazon has already announced it will&nbsp;elevate its FBA&nbsp;(Fulfillment by Amazon) fees in 2022, which should add an extra $1 billion to Amazon’s bottom line, according to Morgan Stanley.</p><p><blockquote>事实上，据摩根士丹利称，亚马逊已经宣布将在2022年提高FBA（亚马逊履行）费用，这将使亚马逊的利润额外增加10亿美元。</blockquote></p><p> But UBS analysts go even further, arguing the price of Prime membership should also be adjusted.</p><p><blockquote>但瑞银分析师走得更远，认为Prime会员的价格也应该调整。</blockquote></p><p> Since its last Prime price increase, in 2018, Amazon has been investing heavily in faster delivery services and expanding its Prime Video content. There’s no coincidence there.</p><p><blockquote>自2018年上次Prime提价以来，亚马逊一直在大力投资更快的交付服务并扩大其Prime视频内容。这不是巧合。</blockquote></p><p> “Higher Prime and FBA prices could contribute $8 billion to $30 billion to revenue and $8 billion to $26 billion [earnings before interest and taxes] annually, most of which is not in our estimates,” said a recent UBS report.</p><p><blockquote>瑞银最近的一份报告称：“更高的Prime和FBA价格每年可能为收入贡献80亿至300亿美元，[息税前利润]为80亿至260亿美元，其中大部分不在我们的估计范围内。”</blockquote></p><p> <b>Earnings optimism</b></p><p><blockquote><b>盈利乐观</b></blockquote></p><p> Mr. Madhukar is more optimistic for both Amazon’s retail and AWS segments than the rest of Wall Street. “The shares could see a multiple re-rating on positive estimate revisions for retail and Web Services, as consensus revenue estimates are too conservative,” he noted in his recent report.</p><p><blockquote>Madhukar先生对亚马逊的零售和AWS部门比华尔街其他人更加乐观。他在最近的报告中指出：“由于普遍的收入估计过于保守，零售和网络服务的积极估计修正，该股可能会多次重新评级。”</blockquote></p><p> However, as&nbsp;Barron’s&nbsp;has pointed out, “Even without big price rises between 2021 and 2023, Amazon will benefit from an incremental $12 billion of AWS earnings before interest and taxes (EBIT) and $15 billion of incremental advertising EBIT.”</p><p><blockquote>然而，正如《巴伦周刊》所指出的，“即使2021年至2023年间价格没有大幅上涨，亚马逊也将受益于120亿美元的AWS息税前利润(EBIT)增量和150亿美元的广告息税前利润增量。”</blockquote></p><p> <b>Should you buy Amazon on the dip?</b></p><p><blockquote><b>你应该逢低买入亚马逊吗？</b></blockquote></p><p> Amazon’s most recent financial reports have missed both top and bottom lines. E-commerce growth has decelerated in 2021, while at the same time the company has been investing heavily in logistics and infrastructure.</p><p><blockquote>亚马逊最近的财务报告错过了营收和利润。2021年电子商务增长放缓，同时公司一直在大力投资物流和基础设施。</blockquote></p><p> But UBS analyst Kunal Madhukar has faith that, by strategically playing its AWS and advertising segments – and by increasing prices – Amazon might see improved profit margins by the second half of 2022.</p><p><blockquote>但瑞银分析师Kunal Madhukar相信，通过战略性地利用其AWS和广告部门以及提高价格，亚马逊可能会在2022年下半年看到利润率的提高。</blockquote></p><p> It’s hard to pin down a 2022 consensus price target for Amazon. Each different analyst covering the stock has different forecasts for each of Amazon’s different business segments.</p><p><blockquote>很难确定亚马逊2022年的共识价格目标。研究该股票的每位不同分析师对亚马逊不同业务部门都有不同的预测。</blockquote></p><p> Still, Wall Street would appear to agree that AMZN is a strong Buy right now. This implies its long-term fundamentals are at least solid.</p><p><blockquote>尽管如此，华尔街似乎同意亚马逊目前值得大力买入。这意味着其长期基本面至少是坚实的。</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>Amazon Stock: Why UBS Has High Hopes for the E-commerce Giant<blockquote>亚马逊股票：瑞银为何对这家电子商务巨头寄予厚望</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\">\nAmazon Stock: Why UBS Has High Hopes for the E-commerce Giant<blockquote>亚马逊股票：瑞银为何对这家电子商务巨头寄予厚望</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">TheStreet</strong><span class=\"h-time small\">2021-12-10 19:53</span>\n</p>\n</h4>\n</header>\n<article>\n<p>A recent UBS report assigned Amazon’s stock a strong Buy rating and set its price target at an impressive $4,700. Why is the Swiss bank so bullish on the e-commerce giant?</p><p><blockquote>瑞银最近的一份报告给予亚马逊股票强烈买入评级，并将其目标价设定在令人印象深刻的4700美元。瑞士银行为何如此看好这家电商巨头？</blockquote></p><p> It hasn’t been a great year for&nbsp;<b>Amazon’s</b>&nbsp;stock. Year-to-date, it’s up only roughly 10%. That means Amazon has underperformed the S&amp;P 500 (27%), the Nasdaq Composite (24%), and its FAANG peers – Meta, Apple, Netflix&nbsp;and Alphabet.</p><p><blockquote>这不是一个伟大的一年<b>亚马逊的</b>股票。今年迄今为止，仅上涨了约10%。这意味着亚马逊的表现落后于标普500(27%)、纳斯达克综合指数(24%)及其FAANG同行——Meta、苹果、Netflix和Alphabet。</blockquote></p><p> The reasons for AMZN’s less-than-stellar year are well-known by now: In addition to increased e-commerce competition, Amazon has had to contend with both supply-chain bottlenecks and labor constraints.</p><p><blockquote>亚马逊今年表现不佳的原因现在众所周知：除了电子商务竞争加剧之外，亚马逊还必须应对供应链瓶颈和劳动力限制。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/859137fd59747f3531fd786b5fae3a82\" tg-width=\"893\" tg-height=\"500\" width=\"100%\" height=\"auto\"><span>Figure 1: One of Amazon's fulfilment centers.</span></p><p><blockquote><p class=\"t-img-caption\"><span>图1：亚马逊的一个履行中心。</span></p></blockquote></p><p> However, UBS analyst Kunal Madhukar believes 2022 could be Amazon’s year. In fact, he has named the e-commerce giant his favorite U.S. tech stock and set his price target at $4,700 per share. That would imply upside of roughly 36%.</p><p><blockquote>然而，瑞银分析师Kunal Madhukar认为，2022年可能是亚马逊的一年。事实上，他已将这家电子商务巨头列为他最喜欢的美国科技股，并将目标价定为每股4700美元。这意味着大约36%的上涨空间。</blockquote></p><p> Why is Madhukar so bullish on Amazon? Let’s dig in.</p><p><blockquote>为什么Madhukar如此看好亚马逊？让我们开始吧。</blockquote></p><p> <b>Multiple levers of growth</b></p><p><blockquote><b>多重增长杠杆</b></blockquote></p><p> UBS’s Madhukar believes that Amazon can easily improve its profitability by leaning on its multiple business arms. Despite the e-commerce segment’s struggle to keep traction in 2021, the company can still count on its cloud-computing unit – AWS (Amazon Web Services) – as well as on its advertising segment.</p><p><blockquote>瑞银的Madhukar认为，亚马逊可以通过依靠其多个业务部门轻松提高盈利能力。尽管电子商务部门在2021年难以保持吸引力，但该公司仍然可以依靠其云计算部门AWS（亚马逊网络服务）以及广告部门。</blockquote></p><p> In addition, Amazon can simply raise its prices.</p><p><blockquote>此外，亚马逊可以简单地提高价格。</blockquote></p><p> In fact, Amazon has already announced it will&nbsp;elevate its FBA&nbsp;(Fulfillment by Amazon) fees in 2022, which should add an extra $1 billion to Amazon’s bottom line, according to Morgan Stanley.</p><p><blockquote>事实上，据摩根士丹利称，亚马逊已经宣布将在2022年提高FBA（亚马逊履行）费用，这将使亚马逊的利润额外增加10亿美元。</blockquote></p><p> But UBS analysts go even further, arguing the price of Prime membership should also be adjusted.</p><p><blockquote>但瑞银分析师走得更远，认为Prime会员的价格也应该调整。</blockquote></p><p> Since its last Prime price increase, in 2018, Amazon has been investing heavily in faster delivery services and expanding its Prime Video content. There’s no coincidence there.</p><p><blockquote>自2018年上次Prime提价以来，亚马逊一直在大力投资更快的交付服务并扩大其Prime视频内容。这不是巧合。</blockquote></p><p> “Higher Prime and FBA prices could contribute $8 billion to $30 billion to revenue and $8 billion to $26 billion [earnings before interest and taxes] annually, most of which is not in our estimates,” said a recent UBS report.</p><p><blockquote>瑞银最近的一份报告称：“更高的Prime和FBA价格每年可能为收入贡献80亿至300亿美元，[息税前利润]为80亿至260亿美元，其中大部分不在我们的估计范围内。”</blockquote></p><p> <b>Earnings optimism</b></p><p><blockquote><b>盈利乐观</b></blockquote></p><p> Mr. Madhukar is more optimistic for both Amazon’s retail and AWS segments than the rest of Wall Street. “The shares could see a multiple re-rating on positive estimate revisions for retail and Web Services, as consensus revenue estimates are too conservative,” he noted in his recent report.</p><p><blockquote>Madhukar先生对亚马逊的零售和AWS部门比华尔街其他人更加乐观。他在最近的报告中指出：“由于普遍的收入估计过于保守，零售和网络服务的积极估计修正，该股可能会多次重新评级。”</blockquote></p><p> However, as&nbsp;Barron’s&nbsp;has pointed out, “Even without big price rises between 2021 and 2023, Amazon will benefit from an incremental $12 billion of AWS earnings before interest and taxes (EBIT) and $15 billion of incremental advertising EBIT.”</p><p><blockquote>然而，正如《巴伦周刊》所指出的，“即使2021年至2023年间价格没有大幅上涨，亚马逊也将受益于120亿美元的AWS息税前利润(EBIT)增量和150亿美元的广告息税前利润增量。”</blockquote></p><p> <b>Should you buy Amazon on the dip?</b></p><p><blockquote><b>你应该逢低买入亚马逊吗？</b></blockquote></p><p> Amazon’s most recent financial reports have missed both top and bottom lines. E-commerce growth has decelerated in 2021, while at the same time the company has been investing heavily in logistics and infrastructure.</p><p><blockquote>亚马逊最近的财务报告错过了营收和利润。2021年电子商务增长放缓，同时公司一直在大力投资物流和基础设施。</blockquote></p><p> But UBS analyst Kunal Madhukar has faith that, by strategically playing its AWS and advertising segments – and by increasing prices – Amazon might see improved profit margins by the second half of 2022.</p><p><blockquote>但瑞银分析师Kunal Madhukar相信，通过战略性地利用其AWS和广告部门以及提高价格，亚马逊可能会在2022年下半年看到利润率的提高。</blockquote></p><p> It’s hard to pin down a 2022 consensus price target for Amazon. Each different analyst covering the stock has different forecasts for each of Amazon’s different business segments.</p><p><blockquote>很难确定亚马逊2022年的共识价格目标。研究该股票的每位不同分析师对亚马逊不同业务部门都有不同的预测。</blockquote></p><p> Still, Wall Street would appear to agree that AMZN is a strong Buy right now. This implies its long-term fundamentals are at least solid.</p><p><blockquote>尽管如此，华尔街似乎同意亚马逊目前值得大力买入。这意味着其长期基本面至少是坚实的。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.thestreet.com/amazon/news/amazon-stock-why-ubs-has-high-hopes-for-the-e-commerce-giant\">TheStreet</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":{"AMZN":"亚马逊"},"source_url":"https://www.thestreet.com/amazon/news/amazon-stock-why-ubs-has-high-hopes-for-the-e-commerce-giant","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1137707392","content_text":"A recent UBS report assigned Amazon’s stock a strong Buy rating and set its price target at an impressive $4,700. Why is the Swiss bank so bullish on the e-commerce giant?\nIt hasn’t been a great year for Amazon’s stock. Year-to-date, it’s up only roughly 10%. That means Amazon has underperformed the S&P 500 (27%), the Nasdaq Composite (24%), and its FAANG peers – Meta, Apple, Netflix and Alphabet.\nThe reasons for AMZN’s less-than-stellar year are well-known by now: In addition to increased e-commerce competition, Amazon has had to contend with both supply-chain bottlenecks and labor constraints.\nFigure 1: One of Amazon's fulfilment centers.\nHowever, UBS analyst Kunal Madhukar believes 2022 could be Amazon’s year. In fact, he has named the e-commerce giant his favorite U.S. tech stock and set his price target at $4,700 per share. That would imply upside of roughly 36%.\nWhy is Madhukar so bullish on Amazon? Let’s dig in.\nMultiple levers of growth\nUBS’s Madhukar believes that Amazon can easily improve its profitability by leaning on its multiple business arms. Despite the e-commerce segment’s struggle to keep traction in 2021, the company can still count on its cloud-computing unit – AWS (Amazon Web Services) – as well as on its advertising segment.\nIn addition, Amazon can simply raise its prices.\nIn fact, Amazon has already announced it will elevate its FBA (Fulfillment by Amazon) fees in 2022, which should add an extra $1 billion to Amazon’s bottom line, according to Morgan Stanley.\nBut UBS analysts go even further, arguing the price of Prime membership should also be adjusted.\nSince its last Prime price increase, in 2018, Amazon has been investing heavily in faster delivery services and expanding its Prime Video content. There’s no coincidence there.\n“Higher Prime and FBA prices could contribute $8 billion to $30 billion to revenue and $8 billion to $26 billion [earnings before interest and taxes] annually, most of which is not in our estimates,” said a recent UBS report.\nEarnings optimism\nMr. Madhukar is more optimistic for both Amazon’s retail and AWS segments than the rest of Wall Street. “The shares could see a multiple re-rating on positive estimate revisions for retail and Web Services, as consensus revenue estimates are too conservative,” he noted in his recent report.\nHowever, as Barron’s has pointed out, “Even without big price rises between 2021 and 2023, Amazon will benefit from an incremental $12 billion of AWS earnings before interest and taxes (EBIT) and $15 billion of incremental advertising EBIT.”\nShould you buy Amazon on the dip?\nAmazon’s most recent financial reports have missed both top and bottom lines. E-commerce growth has decelerated in 2021, while at the same time the company has been investing heavily in logistics and infrastructure.\nBut UBS analyst Kunal Madhukar has faith that, by strategically playing its AWS and advertising segments – and by increasing prices – Amazon might see improved profit margins by the second half of 2022.\nIt’s hard to pin down a 2022 consensus price target for Amazon. Each different analyst covering the stock has different forecasts for each of Amazon’s different business segments.\nStill, Wall Street would appear to agree that AMZN is a strong Buy right now. This implies its long-term fundamentals are at least solid.","news_type":1,"symbols_score_info":{"AMZN":0.9}},"isVote":1,"tweetType":1,"viewCount":4327,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":605212276,"gmtCreate":1639180526603,"gmtModify":1639180535342,"author":{"id":"3560241002253187","authorId":"3560241002253187","name":"CL777","avatar":"https://static.tigerbbs.com/e9aef3dd830373a0427a3447b1b564e3","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3560241002253187","idStr":"3560241002253187"},"themes":[],"htmlText":"That’s really bad. $6 coming","listText":"That’s really bad. $6 coming","text":"That’s really bad. $6 coming","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/605212276","repostId":"1134450838","repostType":4,"repost":{"id":"1134450838","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":1639148939,"share":"https://www.laohu8.com/m/news/1134450838?lang=zh_CN&edition=full","pubTime":"2021-12-10 23:08","market":"us","language":"en","title":"Grab shares dropped another 9% in morning trading<blockquote>Grab股价早盘再下跌9%</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1134450838","media":"Tiger Newspress","summary":"Grab shares dropped another 9% in morning trading after falling more than 9% yesterday.","content":"<p>Grab shares dropped another 9% in morning trading after falling more than 9% yesterday.</p><p><blockquote>Grab股价继昨天下跌超过9%后，早盘又下跌9%。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/963eb8dd73ce8daa0d852d63f0bcc276\" tg-width=\"840\" tg-height=\"470\" width=\"100%\" height=\"auto\"></p><p><blockquote></blockquote></p><p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Grab shares dropped another 9% in morning trading<blockquote>Grab股价早盘再下跌9%</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\">\nGrab shares dropped another 9% in morning trading<blockquote>Grab股价早盘再下跌9%</blockquote>\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time smaller\">2021-12-10 23:08</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>Grab shares dropped another 9% in morning trading after falling more than 9% yesterday.</p><p><blockquote>Grab股价继昨天下跌超过9%后，早盘又下跌9%。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/963eb8dd73ce8daa0d852d63f0bcc276\" tg-width=\"840\" tg-height=\"470\" width=\"100%\" height=\"auto\"></p><p><blockquote></blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GRAB":"Grab Holdings"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1134450838","content_text":"Grab shares dropped another 9% in morning trading after falling more than 9% yesterday.","news_type":1,"symbols_score_info":{"GRAB":0.9}},"isVote":1,"tweetType":1,"viewCount":3262,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":605063884,"gmtCreate":1639094106055,"gmtModify":1639094114177,"author":{"id":"3560241002253187","authorId":"3560241002253187","name":"CL777","avatar":"https://static.tigerbbs.com/e9aef3dd830373a0427a3447b1b564e3","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3560241002253187","idStr":"3560241002253187"},"themes":[],"htmlText":"$7 next for Grab","listText":"$7 next for Grab","text":"$7 next for Grab","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/605063884","repostId":"1165217477","repostType":4,"repost":{"id":"1165217477","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":1639067136,"share":"https://www.laohu8.com/m/news/1165217477?lang=zh_CN&edition=full","pubTime":"2021-12-10 00:25","market":"us","language":"en","title":"Grab and Lucid stocks plunged more than 10%<blockquote>Grab和Lucid股价暴跌逾10%</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1165217477","media":"Tiger Newspress","summary":"Grab and Lucid stocks plunged more than 10% in Thursday's trading.","content":"<p>Grab and Lucid stocks plunged more than 10% in Thursday's trading.</p><p><blockquote>Grab和Lucid股价在周四交易中暴跌超过10%。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/ff3dbe26b3f4c86357541ed2ff3d7bfe\" tg-width=\"840\" tg-height=\"470\" width=\"100%\" height=\"auto\"><img src=\"https://static.tigerbbs.com/c38542f4d2e6fa7aceb9fdf2aeb694ab\" tg-width=\"840\" tg-height=\"470\" width=\"100%\" height=\"auto\"></p><p><blockquote></blockquote></p><p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Grab and Lucid stocks plunged more than 10%<blockquote>Grab和Lucid股价暴跌逾10%</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\">\nGrab and Lucid stocks plunged more than 10%<blockquote>Grab和Lucid股价暴跌逾10%</blockquote>\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time smaller\">2021-12-10 00:25</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>Grab and Lucid stocks plunged more than 10% in Thursday's trading.</p><p><blockquote>Grab和Lucid股价在周四交易中暴跌超过10%。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/ff3dbe26b3f4c86357541ed2ff3d7bfe\" tg-width=\"840\" tg-height=\"470\" width=\"100%\" height=\"auto\"><img src=\"https://static.tigerbbs.com/c38542f4d2e6fa7aceb9fdf2aeb694ab\" tg-width=\"840\" tg-height=\"470\" width=\"100%\" height=\"auto\"></p><p><blockquote></blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"LCID":"Lucid Group Inc","GRAB":"Grab Holdings"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1165217477","content_text":"Grab and Lucid stocks plunged more than 10% in Thursday's trading.","news_type":1,"symbols_score_info":{"LCID":0.9,"GRAB":0.9}},"isVote":1,"tweetType":1,"viewCount":4488,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":602700289,"gmtCreate":1639062556248,"gmtModify":1639062761976,"author":{"id":"3560241002253187","authorId":"3560241002253187","name":"CL777","avatar":"https://static.tigerbbs.com/e9aef3dd830373a0427a3447b1b564e3","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3560241002253187","idStr":"3560241002253187"},"themes":[],"htmlText":"PayPal is the best of the 3","listText":"PayPal is the best of the 3","text":"PayPal is the best of the 3","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":11,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/602700289","repostId":"2190169616","repostType":4,"isVote":1,"tweetType":1,"viewCount":1262,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":602829994,"gmtCreate":1639008230344,"gmtModify":1639008238367,"author":{"id":"3560241002253187","authorId":"3560241002253187","name":"CL777","avatar":"https://static.tigerbbs.com/e9aef3dd830373a0427a3447b1b564e3","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3560241002253187","idStr":"3560241002253187"},"themes":[],"htmlText":"So fast? Too optimistic&nbsp;","listText":"So fast? Too optimistic&nbsp;","text":"So fast? Too optimistic","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/602829994","repostId":"2189608662","repostType":4,"isVote":1,"tweetType":1,"viewCount":1027,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":602820572,"gmtCreate":1639008207210,"gmtModify":1639008215501,"author":{"id":"3560241002253187","authorId":"3560241002253187","name":"CL777","avatar":"https://static.tigerbbs.com/e9aef3dd830373a0427a3447b1b564e3","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3560241002253187","idStr":"3560241002253187"},"themes":[],"htmlText":"Brain drain.","listText":"Brain drain.","text":"Brain drain.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/602820572","repostId":"2190696117","repostType":4,"isVote":1,"tweetType":1,"viewCount":1023,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":602081495,"gmtCreate":1638940423457,"gmtModify":1638940431791,"author":{"id":"3560241002253187","authorId":"3560241002253187","name":"CL777","avatar":"https://static.tigerbbs.com/e9aef3dd830373a0427a3447b1b564e3","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3560241002253187","idStr":"3560241002253187"},"themes":[],"htmlText":"Down it goes&nbsp;","listText":"Down it goes&nbsp;","text":"Down it goes","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/602081495","repostId":"1105817084","repostType":4,"repost":{"id":"1105817084","kind":"news","pubTimestamp":1638933976,"share":"https://www.laohu8.com/m/news/1105817084?lang=zh_CN&edition=full","pubTime":"2021-12-08 11:26","market":"us","language":"en","title":"Apple Stock: What Happens When The Cash Runs Out?<blockquote>苹果股票：现金用完会发生什么？</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1105817084","media":"TheStreet","summary":"Apple is about to run out of cash. This statement may sound lucrac is to most Apple stock  investors, since the Cupertino company has been a cash-generating machine in the past many years. But even the management team knows this to be true.Today, the Apple Maven talks about what has been happening to the iPhone maker’s once giant pile of cash, and what the declining balances may mean for shareholders.To be fair, “running out of cash” in this context does not mean that Apple’s checking accounts a","content":"<p>Apple is about to run out of cash. This statement may sound lucrac&nbsp;is to most Apple stock&nbsp;(<b>AAPL</b>)&nbsp;investors, since the Cupertino company has been a cash-generating machine in the past many years. But even the management team&nbsp;knows&nbsp;this to be true.</p><p><blockquote>苹果即将耗尽现金。对于大多数苹果股票来说，这种说法听起来可能是lucrac（<b>AAPL</b>）投资者，因为库比蒂诺公司在过去多年里一直是一台现金产生机。但即使是管理团队也知道这是真的。</blockquote></p><p> Today, the Apple Maven talks about what has been happening to the iPhone maker’s once giant pile of cash, and what the declining balances may mean for shareholders.</p><p><blockquote>今天，这位苹果专家谈论了这家iPhone制造商曾经庞大的现金储备发生了什么，以及余额下降对股东可能意味着什么。</blockquote></p><p> <b>Apple heading to net cash neutral</b></p><p><blockquote><b>苹果走向净现金中性</b></blockquote></p><p> To be fair, “running out of cash” in this context does not mean that Apple’s checking accounts at the bank will dry out. It simply means that the company’s debt balances will roughly offset its cash position — i.e. Apple will become net cash neutral.</p><p><blockquote>公平地说，在这种情况下“现金耗尽”并不意味着苹果在银行的支票账户将会枯竭。这仅仅意味着该公司的债务余额将大致抵消其现金状况，即苹果将成为净现金中性。</blockquote></p><p> The chart below shows the evolution of Apple’s gross cash (blue bars) and net cash (orange bars) balances since 2011. Ten years ago was when then-CEO Steve Jobs stepped down and turned the control of the company over to then-COO Tim Cook.</p><p><blockquote>下图显示了自2011年以来苹果总现金（蓝色条）和净现金（橙色条）余额的演变。十年前，时任首席执行官史蒂夫·乔布斯卸任，将公司控制权移交给时任首席运营官蒂姆·库克。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/435c5199979bc64d49899feed29d15fb\" tg-width=\"1200\" tg-height=\"723\" width=\"100%\" height=\"auto\"><span>Figure 2:Apple's cash position, fiscal 2012-2021.data from Seeking Alpha</span></p><p><blockquote><p class=\"t-img-caption\"><span>图2：苹果2012-2021财年的现金状况。数据来自Seeking Alpha</span></p></blockquote></p><p> Starting in 2012, Apple began issuing debt for the first time in its history. By 2017, the company boasted the largest gross and net-of-debt cash balances that it had ever seen in its books. But since then, both numbers have been dwindling. This year’s $72 billion in net cash is less than half the amount of about four years ago.</p><p><blockquote>从2012年开始，苹果历史上首次开始发债。到2017年，该公司拥有其账簿中有史以来最大的总现金余额和债务净额现金余额。但从那以后，这两个数字都在减少。今年720亿美元的净现金还不到大约四年前的一半。</blockquote></p><p> <b>What happens when cash runs out?</b></p><p><blockquote><b>现金用完会怎么样？</b></blockquote></p><p> The chart below shows that, prior to Tim Cook as CEO, Apple was very timid at deploying its cash reserves. While capex and dividend payments increased quickly (large M&amp;A has never been a thing for Apple), buybacks skyrocketed. Apple has spent more than three times as much in share repurchases since 2018 than it did in capex and dividends combined.</p><p><blockquote>下图显示，在蒂姆·库克担任首席执行官之前，苹果在部署现金储备方面非常谨慎。虽然资本支出和股息支付迅速增加（大型并购对苹果来说从来都不是一件事），但回购却飙升。自2018年以来，苹果在股票回购上的支出是资本支出和股息总和的三倍多。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/e0ecee1dedf8551b616732dc7180c574\" tg-width=\"1200\" tg-height=\"694\" width=\"100%\" height=\"auto\"><span>Figure 3:Apple's cash deployment by major category.data from Seeking Alpha</span></p><p><blockquote><p class=\"t-img-caption\"><span>图3：苹果按主要类别划分的现金部署。数据来自Seeking Alpha</span></p></blockquote></p><p> As Apple’s cash balance continues to dip, it is reasonable to expect the pace of share retirement to decline as well. This is true not only because of a leaner balance sheet, but because AAPL stock trades at a much richer price today — thus, it costs Apple more to buy back each share of its own equity.</p><p><blockquote>随着苹果的现金余额持续下降，有理由预计股票退出的速度也会下降。这不仅是因为资产负债表更加精简，还因为苹果公司股票如今的交易价格要高得多——因此，苹果回购每股自己股权的成本更高。</blockquote></p><p> Why is this relevant for investors? Over the past decade, Apple’s shares outstanding have declined by 10 billion units to 16.7 billion. Share count is the denominator in EPS (earnings per share) and EPS is the denominator in price-to-earnings. Therefore, buybacks alone have probably been responsible for a good chunk of Apple stock’s climb in the past several years.</p><p><blockquote>为什么这与投资者相关？过去十年，苹果的流通股减少了100亿股，至167亿股。股票数量是EPS（每股收益）的分母，EPS是市盈率的分母。因此，仅回购就可能是苹果股价过去几年上涨的很大一部分原因。</blockquote></p><p> At the current stock price of $165 apiece, Apple can afford to retire around 435 million more shares with its current net cash balance, or barely 3% of the float. After that point, the Cupertino company might need to scale back on repurchases or borrow in order to keep buying its stock.</p><p><blockquote>按照目前每股165美元的股价，苹果可以以其目前的净现金余额再出售约4.35亿股股票，仅占流通股的3%。此后，库比蒂诺公司可能需要缩减回购或借贷规模，以继续购买其股票。</blockquote></p><p> <b>Should investors worry?</b></p><p><blockquote><b>投资者应该担心吗？</b></blockquote></p><p> I think that Apple stock could suffer, at least from deteriorated investor sentiment, if or once it begins to slow down the pace of its share buyback efforts. However, I also believe that this is only one aspect of the investment thesis that people should consider.</p><p><blockquote>我认为，如果或一旦苹果开始放慢股票回购步伐，其股票可能会受到影响，至少是投资者情绪恶化。然而，我也认为，这只是人们应该考虑的投资论文的一个方面。</blockquote></p><p> I remain optimistic about Apple stock from a business fundamentals perspective. The Cupertino company seems to have found the sweet spot in demand for its products and services, which I believe bodes very well for AAPL in the foreseeable future.</p><p><blockquote>从商业基本面的角度来看，我对苹果股票保持乐观。这家库比蒂诺公司似乎已经找到了对其产品和服务需求的最佳点，我相信这在可预见的未来对苹果公司来说是个好兆头。</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>Apple Stock: What Happens When The Cash Runs Out?<blockquote>苹果股票：现金用完会发生什么？</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nApple Stock: What Happens When The Cash Runs Out?<blockquote>苹果股票：现金用完会发生什么？</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">TheStreet</strong><span class=\"h-time small\">2021-12-08 11:26</span>\n</p>\n</h4>\n</header>\n<article>\n<p>Apple is about to run out of cash. This statement may sound lucrac&nbsp;is to most Apple stock&nbsp;(<b>AAPL</b>)&nbsp;investors, since the Cupertino company has been a cash-generating machine in the past many years. But even the management team&nbsp;knows&nbsp;this to be true.</p><p><blockquote>苹果即将耗尽现金。对于大多数苹果股票来说，这种说法听起来可能是lucrac（<b>AAPL</b>）投资者，因为库比蒂诺公司在过去多年里一直是一台现金产生机。但即使是管理团队也知道这是真的。</blockquote></p><p> Today, the Apple Maven talks about what has been happening to the iPhone maker’s once giant pile of cash, and what the declining balances may mean for shareholders.</p><p><blockquote>今天，这位苹果专家谈论了这家iPhone制造商曾经庞大的现金储备发生了什么，以及余额下降对股东可能意味着什么。</blockquote></p><p> <b>Apple heading to net cash neutral</b></p><p><blockquote><b>苹果走向净现金中性</b></blockquote></p><p> To be fair, “running out of cash” in this context does not mean that Apple’s checking accounts at the bank will dry out. It simply means that the company’s debt balances will roughly offset its cash position — i.e. Apple will become net cash neutral.</p><p><blockquote>公平地说，在这种情况下“现金耗尽”并不意味着苹果在银行的支票账户将会枯竭。这仅仅意味着该公司的债务余额将大致抵消其现金状况，即苹果将成为净现金中性。</blockquote></p><p> The chart below shows the evolution of Apple’s gross cash (blue bars) and net cash (orange bars) balances since 2011. Ten years ago was when then-CEO Steve Jobs stepped down and turned the control of the company over to then-COO Tim Cook.</p><p><blockquote>下图显示了自2011年以来苹果总现金（蓝色条）和净现金（橙色条）余额的演变。十年前，时任首席执行官史蒂夫·乔布斯卸任，将公司控制权移交给时任首席运营官蒂姆·库克。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/435c5199979bc64d49899feed29d15fb\" tg-width=\"1200\" tg-height=\"723\" width=\"100%\" height=\"auto\"><span>Figure 2:Apple's cash position, fiscal 2012-2021.data from Seeking Alpha</span></p><p><blockquote><p class=\"t-img-caption\"><span>图2：苹果2012-2021财年的现金状况。数据来自Seeking Alpha</span></p></blockquote></p><p> Starting in 2012, Apple began issuing debt for the first time in its history. By 2017, the company boasted the largest gross and net-of-debt cash balances that it had ever seen in its books. But since then, both numbers have been dwindling. This year’s $72 billion in net cash is less than half the amount of about four years ago.</p><p><blockquote>从2012年开始，苹果历史上首次开始发债。到2017年，该公司拥有其账簿中有史以来最大的总现金余额和债务净额现金余额。但从那以后，这两个数字都在减少。今年720亿美元的净现金还不到大约四年前的一半。</blockquote></p><p> <b>What happens when cash runs out?</b></p><p><blockquote><b>现金用完会怎么样？</b></blockquote></p><p> The chart below shows that, prior to Tim Cook as CEO, Apple was very timid at deploying its cash reserves. While capex and dividend payments increased quickly (large M&amp;A has never been a thing for Apple), buybacks skyrocketed. Apple has spent more than three times as much in share repurchases since 2018 than it did in capex and dividends combined.</p><p><blockquote>下图显示，在蒂姆·库克担任首席执行官之前，苹果在部署现金储备方面非常谨慎。虽然资本支出和股息支付迅速增加（大型并购对苹果来说从来都不是一件事），但回购却飙升。自2018年以来，苹果在股票回购上的支出是资本支出和股息总和的三倍多。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/e0ecee1dedf8551b616732dc7180c574\" tg-width=\"1200\" tg-height=\"694\" width=\"100%\" height=\"auto\"><span>Figure 3:Apple's cash deployment by major category.data from Seeking Alpha</span></p><p><blockquote><p class=\"t-img-caption\"><span>图3：苹果按主要类别划分的现金部署。数据来自Seeking Alpha</span></p></blockquote></p><p> As Apple’s cash balance continues to dip, it is reasonable to expect the pace of share retirement to decline as well. This is true not only because of a leaner balance sheet, but because AAPL stock trades at a much richer price today — thus, it costs Apple more to buy back each share of its own equity.</p><p><blockquote>随着苹果的现金余额持续下降，有理由预计股票退出的速度也会下降。这不仅是因为资产负债表更加精简，还因为苹果公司股票如今的交易价格要高得多——因此，苹果回购每股自己股权的成本更高。</blockquote></p><p> Why is this relevant for investors? Over the past decade, Apple’s shares outstanding have declined by 10 billion units to 16.7 billion. Share count is the denominator in EPS (earnings per share) and EPS is the denominator in price-to-earnings. Therefore, buybacks alone have probably been responsible for a good chunk of Apple stock’s climb in the past several years.</p><p><blockquote>为什么这与投资者相关？过去十年，苹果的流通股减少了100亿股，至167亿股。股票数量是EPS（每股收益）的分母，EPS是市盈率的分母。因此，仅回购就可能是苹果股价过去几年上涨的很大一部分原因。</blockquote></p><p> At the current stock price of $165 apiece, Apple can afford to retire around 435 million more shares with its current net cash balance, or barely 3% of the float. After that point, the Cupertino company might need to scale back on repurchases or borrow in order to keep buying its stock.</p><p><blockquote>按照目前每股165美元的股价，苹果可以以其目前的净现金余额再出售约4.35亿股股票，仅占流通股的3%。此后，库比蒂诺公司可能需要缩减回购或借贷规模，以继续购买其股票。</blockquote></p><p> <b>Should investors worry?</b></p><p><blockquote><b>投资者应该担心吗？</b></blockquote></p><p> I think that Apple stock could suffer, at least from deteriorated investor sentiment, if or once it begins to slow down the pace of its share buyback efforts. However, I also believe that this is only one aspect of the investment thesis that people should consider.</p><p><blockquote>我认为，如果或一旦苹果开始放慢股票回购步伐，其股票可能会受到影响，至少是投资者情绪恶化。然而，我也认为，这只是人们应该考虑的投资论文的一个方面。</blockquote></p><p> I remain optimistic about Apple stock from a business fundamentals perspective. The Cupertino company seems to have found the sweet spot in demand for its products and services, which I believe bodes very well for AAPL in the foreseeable future.</p><p><blockquote>从商业基本面的角度来看，我对苹果股票保持乐观。这家库比蒂诺公司似乎已经找到了对其产品和服务需求的最佳点，我相信这在可预见的未来对苹果公司来说是个好兆头。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.thestreet.com/apple/stock/apple-stock-what-happens-when-the-cash-runs-out\">TheStreet</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果"},"source_url":"https://www.thestreet.com/apple/stock/apple-stock-what-happens-when-the-cash-runs-out","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1105817084","content_text":"Apple is about to run out of cash. This statement may sound lucrac is to most Apple stock (AAPL) investors, since the Cupertino company has been a cash-generating machine in the past many years. But even the management team knows this to be true.\nToday, the Apple Maven talks about what has been happening to the iPhone maker’s once giant pile of cash, and what the declining balances may mean for shareholders.\nApple heading to net cash neutral\nTo be fair, “running out of cash” in this context does not mean that Apple’s checking accounts at the bank will dry out. It simply means that the company’s debt balances will roughly offset its cash position — i.e. Apple will become net cash neutral.\nThe chart below shows the evolution of Apple’s gross cash (blue bars) and net cash (orange bars) balances since 2011. Ten years ago was when then-CEO Steve Jobs stepped down and turned the control of the company over to then-COO Tim Cook.\nFigure 2:Apple's cash position, fiscal 2012-2021.data from Seeking Alpha\nStarting in 2012, Apple began issuing debt for the first time in its history. By 2017, the company boasted the largest gross and net-of-debt cash balances that it had ever seen in its books. But since then, both numbers have been dwindling. This year’s $72 billion in net cash is less than half the amount of about four years ago.\nWhat happens when cash runs out?\nThe chart below shows that, prior to Tim Cook as CEO, Apple was very timid at deploying its cash reserves. While capex and dividend payments increased quickly (large M&A has never been a thing for Apple), buybacks skyrocketed. Apple has spent more than three times as much in share repurchases since 2018 than it did in capex and dividends combined.\nFigure 3:Apple's cash deployment by major category.data from Seeking Alpha\nAs Apple’s cash balance continues to dip, it is reasonable to expect the pace of share retirement to decline as well. This is true not only because of a leaner balance sheet, but because AAPL stock trades at a much richer price today — thus, it costs Apple more to buy back each share of its own equity.\nWhy is this relevant for investors? Over the past decade, Apple’s shares outstanding have declined by 10 billion units to 16.7 billion. Share count is the denominator in EPS (earnings per share) and EPS is the denominator in price-to-earnings. Therefore, buybacks alone have probably been responsible for a good chunk of Apple stock’s climb in the past several years.\nAt the current stock price of $165 apiece, Apple can afford to retire around 435 million more shares with its current net cash balance, or barely 3% of the float. After that point, the Cupertino company might need to scale back on repurchases or borrow in order to keep buying its stock.\nShould investors worry?\nI think that Apple stock could suffer, at least from deteriorated investor sentiment, if or once it begins to slow down the pace of its share buyback efforts. However, I also believe that this is only one aspect of the investment thesis that people should consider.\nI remain optimistic about Apple stock from a business fundamentals perspective. The Cupertino company seems to have found the sweet spot in demand for its products and services, which I believe bodes very well for AAPL in the foreseeable future.","news_type":1,"symbols_score_info":{"AAPL":0.9}},"isVote":1,"tweetType":1,"viewCount":921,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":602081538,"gmtCreate":1638940400929,"gmtModify":1638940408938,"author":{"id":"3560241002253187","authorId":"3560241002253187","name":"CL777","avatar":"https://static.tigerbbs.com/e9aef3dd830373a0427a3447b1b564e3","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3560241002253187","idStr":"3560241002253187"},"themes":[],"htmlText":"Excellent&nbsp;","listText":"Excellent&nbsp;","text":"Excellent","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/602081538","repostId":"1109277422","repostType":4,"isVote":1,"tweetType":1,"viewCount":707,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":602081850,"gmtCreate":1638940382341,"gmtModify":1638940390590,"author":{"id":"3560241002253187","authorId":"3560241002253187","name":"CL777","avatar":"https://static.tigerbbs.com/e9aef3dd830373a0427a3447b1b564e3","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3560241002253187","idStr":"3560241002253187"},"themes":[],"htmlText":"Great","listText":"Great","text":"Great","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/602081850","repostId":"2189719656","repostType":4,"isVote":1,"tweetType":1,"viewCount":1271,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":606335492,"gmtCreate":1638833586019,"gmtModify":1638833594405,"author":{"id":"3560241002253187","authorId":"3560241002253187","name":"CL777","avatar":"https://static.tigerbbs.com/e9aef3dd830373a0427a3447b1b564e3","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3560241002253187","idStr":"3560241002253187"},"themes":[],"htmlText":"Too optimistic","listText":"Too optimistic","text":"Too optimistic","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/606335492","repostId":"1107494736","repostType":4,"repost":{"id":"1107494736","kind":"news","pubTimestamp":1638799191,"share":"https://www.laohu8.com/m/news/1107494736?lang=zh_CN&edition=full","pubTime":"2021-12-06 21:59","market":"us","language":"en","title":"Apple Stock Is an Attractive Buy, Says KeyBanc. Price Target Set at $191.<blockquote>KeyBanc表示，苹果股票是一个有吸引力的买入。目标价定为191美元。</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1107494736","media":"Barrons","summary":"Apple shares were rising Monday after analysts at KeyBanc Capital Markets initiated coverage on the ","content":"<p>Apple&nbsp;shares were rising Monday after analysts at KeyBanc Capital Markets initiated coverage on the stock with a bullish outlook, citing growth in the tech giant’s services segment.</p><p><blockquote>苹果股价周一上涨，此前KeyBanc Capital Markets分析师以这家科技巨头服务领域的增长为由，对该股前景看好。</blockquote></p><p> Analyst Brandon Nispel rated the stock Overweight with a $191 price target. The target presents an 18% increase from Apple’s (ticker: AAPL) $161.84 closing price on Friday. The stock was up 1.2% to $163.73 in premarket trading Monday.</p><p><blockquote>分析师Brandon Nispel将该股跑赢大盘评级为191美元。该目标较苹果（股票代码：AAPL）周五161.84美元的收盘价上涨18%。周一盘前交易中，该股上涨1.2%，至163.73美元。</blockquote></p><p> Of the 42 analysts covering the stock surveyed by FactSet, 32 have it at a Buy or Overweight rating, nine rated it at Hold, and one rated it Underweight.</p><p><blockquote>FactSet调查的42名分析师中，32名分析师给予该股买入或跑赢大盘评级，9名分析师给予持有，1名分析师给予跑输大盘评级。</blockquote></p><p> “While AAPL is expensive by historical valuations, we find AAPL attractive relative to other mega-caps,” Nispel wrote on Monday.</p><p><blockquote>尼斯佩尔周一写道：“虽然从历史估值来看，苹果公司价格昂贵，但我们发现苹果公司相对于其他大型股具有吸引力。”</blockquote></p><p> The analyst outlined three main reasons for his bullish take. Nispel doesn’t believe iPhone unit sales have peaked, with the 5G upgrade cycle potentially pushing Apple past its current peak; he believes the company has managed to increase its product breadth to reduce reliability on iPhone sales; and he foresees services to grow at rates multiple times faster than user growth.</p><p><blockquote>这位分析师概述了他看涨的三个主要原因。Nispel认为iPhone销量尚未见顶，5G升级周期可能会推动苹果超过目前的峰值；他认为，该公司已设法增加其产品广度，以降低iPhone销售的可靠性；他预计服务的增长速度将是用户增长速度的数倍。</blockquote></p><p> The analyst forecasts Apple to have 1.09 billion active iPhones and 1.8 billion active installed devices by the end of the first quarter of the 2022 fiscal year. This presents a 7% and 8% year-over-year increase, respectively.</p><p><blockquote>该分析师预测，到2022财年第一季度末，苹果将拥有10.9亿部活跃iPhone和18亿部活跃安装设备。这分别同比增长7%和8%。</blockquote></p><p> “This shows a healthy growing user base where Apple iPhone market share is low relative to key geographies outside the United States,” Nispel wrote. “As the installed base grows, a larger base can support more sales on lower upgrade rates.”</p><p><blockquote>Nispel写道：“这表明用户群健康增长，相对于美国以外的主要地区，苹果iPhone市场份额较低。”“随着安装基础的增长，更大的基础可以以较低的升级率支持更多的销售。”</blockquote></p><p> Apple’s international segment is likely to grow faster in the coming years as other countries adapt to 5G, prompting a wave of upgrades to compatible hardware, Nispel wrote. He estimates every 1% increase in 5G upgrade rates could drive an incremental 11 million iPhone unit sales.</p><p><blockquote>Nispel写道，随着其他国家适应5G，苹果的国际市场在未来几年可能会增长更快，从而引发一波兼容硬件的升级浪潮。他估计，5G升级率每增加1%，iPhone销量就可能增加1100万部。</blockquote></p><p> As hardware adoption grows, so does Apple’s services business. The segment, which includes services such as Apple TV+, Music, News+, AppleCare, Advertising, and Cloud, has grown 27% in the 2021 fiscal year. Over time, it could become a key profitability driver, growing to more than $100 billion by 2024, Nispel said.</p><p><blockquote>随着硬件采用率的增长，苹果的服务业务也在增长。该部门包括苹果TV+、音乐、News+、AppleCare、广告和云等服务，在2021财年增长了27%。Nispel表示，随着时间的推移，它可能会成为关键的盈利驱动力，到2024年将增长到1000亿美元以上。</blockquote></p><p> Nispel recognized that Apple’s App Store legal battles were concerning, but were “likely more a bend, not break outcome.” The company has had to make modest changes to its App Store guidance in response to court rulings and regulatory changes, including lowering its commission for some developers. It will likely make more concessions over time, such as allowing developers to provide third-party payment options, Nispel said.</p><p><blockquote>尼斯佩尔承认，苹果的应用商店法律诉讼令人担忧，但“可能更多的是一个转变，而不是突破的结果”。该公司不得不对其应用商店指南进行适度修改，以应对法院裁决和监管变化，包括降低一些开发者的佣金。尼斯佩尔表示，随着时间的推移，它可能会做出更多让步，例如允许开发商提供第三方支付选项。</blockquote></p><p> “We expect regulation to take time to implement, and believe Apple’s competitive advantage is unlikely to be substantially harmed,” he added.</p><p><blockquote>“我们预计监管需要时间来实施，并相信苹果的竞争优势不太可能受到实质性损害，”他补充道。</blockquote></p><p></p>","source":"lsy1601382232898","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Apple Stock Is an Attractive Buy, Says KeyBanc. Price Target Set at $191.<blockquote>KeyBanc表示，苹果股票是一个有吸引力的买入。目标价定为191美元。</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nApple Stock Is an Attractive Buy, Says KeyBanc. Price Target Set at $191.<blockquote>KeyBanc表示，苹果股票是一个有吸引力的买入。目标价定为191美元。</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Barrons</strong><span class=\"h-time small\">2021-12-06 21:59</span>\n</p>\n</h4>\n</header>\n<article>\n<p>Apple&nbsp;shares were rising Monday after analysts at KeyBanc Capital Markets initiated coverage on the stock with a bullish outlook, citing growth in the tech giant’s services segment.</p><p><blockquote>苹果股价周一上涨，此前KeyBanc Capital Markets分析师以这家科技巨头服务领域的增长为由，对该股前景看好。</blockquote></p><p> Analyst Brandon Nispel rated the stock Overweight with a $191 price target. The target presents an 18% increase from Apple’s (ticker: AAPL) $161.84 closing price on Friday. The stock was up 1.2% to $163.73 in premarket trading Monday.</p><p><blockquote>分析师Brandon Nispel将该股跑赢大盘评级为191美元。该目标较苹果（股票代码：AAPL）周五161.84美元的收盘价上涨18%。周一盘前交易中，该股上涨1.2%，至163.73美元。</blockquote></p><p> Of the 42 analysts covering the stock surveyed by FactSet, 32 have it at a Buy or Overweight rating, nine rated it at Hold, and one rated it Underweight.</p><p><blockquote>FactSet调查的42名分析师中，32名分析师给予该股买入或跑赢大盘评级，9名分析师给予持有，1名分析师给予跑输大盘评级。</blockquote></p><p> “While AAPL is expensive by historical valuations, we find AAPL attractive relative to other mega-caps,” Nispel wrote on Monday.</p><p><blockquote>尼斯佩尔周一写道：“虽然从历史估值来看，苹果公司价格昂贵，但我们发现苹果公司相对于其他大型股具有吸引力。”</blockquote></p><p> The analyst outlined three main reasons for his bullish take. Nispel doesn’t believe iPhone unit sales have peaked, with the 5G upgrade cycle potentially pushing Apple past its current peak; he believes the company has managed to increase its product breadth to reduce reliability on iPhone sales; and he foresees services to grow at rates multiple times faster than user growth.</p><p><blockquote>这位分析师概述了他看涨的三个主要原因。Nispel认为iPhone销量尚未见顶，5G升级周期可能会推动苹果超过目前的峰值；他认为，该公司已设法增加其产品广度，以降低iPhone销售的可靠性；他预计服务的增长速度将是用户增长速度的数倍。</blockquote></p><p> The analyst forecasts Apple to have 1.09 billion active iPhones and 1.8 billion active installed devices by the end of the first quarter of the 2022 fiscal year. This presents a 7% and 8% year-over-year increase, respectively.</p><p><blockquote>该分析师预测，到2022财年第一季度末，苹果将拥有10.9亿部活跃iPhone和18亿部活跃安装设备。这分别同比增长7%和8%。</blockquote></p><p> “This shows a healthy growing user base where Apple iPhone market share is low relative to key geographies outside the United States,” Nispel wrote. “As the installed base grows, a larger base can support more sales on lower upgrade rates.”</p><p><blockquote>Nispel写道：“这表明用户群健康增长，相对于美国以外的主要地区，苹果iPhone市场份额较低。”“随着安装基础的增长，更大的基础可以以较低的升级率支持更多的销售。”</blockquote></p><p> Apple’s international segment is likely to grow faster in the coming years as other countries adapt to 5G, prompting a wave of upgrades to compatible hardware, Nispel wrote. He estimates every 1% increase in 5G upgrade rates could drive an incremental 11 million iPhone unit sales.</p><p><blockquote>Nispel写道，随着其他国家适应5G，苹果的国际市场在未来几年可能会增长更快，从而引发一波兼容硬件的升级浪潮。他估计，5G升级率每增加1%，iPhone销量就可能增加1100万部。</blockquote></p><p> As hardware adoption grows, so does Apple’s services business. The segment, which includes services such as Apple TV+, Music, News+, AppleCare, Advertising, and Cloud, has grown 27% in the 2021 fiscal year. Over time, it could become a key profitability driver, growing to more than $100 billion by 2024, Nispel said.</p><p><blockquote>随着硬件采用率的增长，苹果的服务业务也在增长。该部门包括苹果TV+、音乐、News+、AppleCare、广告和云等服务，在2021财年增长了27%。Nispel表示，随着时间的推移，它可能会成为关键的盈利驱动力，到2024年将增长到1000亿美元以上。</blockquote></p><p> Nispel recognized that Apple’s App Store legal battles were concerning, but were “likely more a bend, not break outcome.” The company has had to make modest changes to its App Store guidance in response to court rulings and regulatory changes, including lowering its commission for some developers. It will likely make more concessions over time, such as allowing developers to provide third-party payment options, Nispel said.</p><p><blockquote>尼斯佩尔承认，苹果的应用商店法律诉讼令人担忧，但“可能更多的是一个转变，而不是突破的结果”。该公司不得不对其应用商店指南进行适度修改，以应对法院裁决和监管变化，包括降低一些开发者的佣金。尼斯佩尔表示，随着时间的推移，它可能会做出更多让步，例如允许开发商提供第三方支付选项。</blockquote></p><p> “We expect regulation to take time to implement, and believe Apple’s competitive advantage is unlikely to be substantially harmed,” he added.</p><p><blockquote>“我们预计监管需要时间来实施，并相信苹果的竞争优势不太可能受到实质性损害，”他补充道。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.barrons.com/articles/apple-aapl-stock-attractive-buy-51638798446?mod=hp_LATEST\">Barrons</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果"},"source_url":"https://www.barrons.com/articles/apple-aapl-stock-attractive-buy-51638798446?mod=hp_LATEST","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1107494736","content_text":"Apple shares were rising Monday after analysts at KeyBanc Capital Markets initiated coverage on the stock with a bullish outlook, citing growth in the tech giant’s services segment.\nAnalyst Brandon Nispel rated the stock Overweight with a $191 price target. The target presents an 18% increase from Apple’s (ticker: AAPL) $161.84 closing price on Friday. The stock was up 1.2% to $163.73 in premarket trading Monday.\nOf the 42 analysts covering the stock surveyed by FactSet, 32 have it at a Buy or Overweight rating, nine rated it at Hold, and one rated it Underweight.\n“While AAPL is expensive by historical valuations, we find AAPL attractive relative to other mega-caps,” Nispel wrote on Monday.\nThe analyst outlined three main reasons for his bullish take. Nispel doesn’t believe iPhone unit sales have peaked, with the 5G upgrade cycle potentially pushing Apple past its current peak; he believes the company has managed to increase its product breadth to reduce reliability on iPhone sales; and he foresees services to grow at rates multiple times faster than user growth.\nThe analyst forecasts Apple to have 1.09 billion active iPhones and 1.8 billion active installed devices by the end of the first quarter of the 2022 fiscal year. This presents a 7% and 8% year-over-year increase, respectively.\n“This shows a healthy growing user base where Apple iPhone market share is low relative to key geographies outside the United States,” Nispel wrote. “As the installed base grows, a larger base can support more sales on lower upgrade rates.”\nApple’s international segment is likely to grow faster in the coming years as other countries adapt to 5G, prompting a wave of upgrades to compatible hardware, Nispel wrote. He estimates every 1% increase in 5G upgrade rates could drive an incremental 11 million iPhone unit sales.\nAs hardware adoption grows, so does Apple’s services business. The segment, which includes services such as Apple TV+, Music, News+, AppleCare, Advertising, and Cloud, has grown 27% in the 2021 fiscal year. Over time, it could become a key profitability driver, growing to more than $100 billion by 2024, Nispel said.\nNispel recognized that Apple’s App Store legal battles were concerning, but were “likely more a bend, not break outcome.” The company has had to make modest changes to its App Store guidance in response to court rulings and regulatory changes, including lowering its commission for some developers. It will likely make more concessions over time, such as allowing developers to provide third-party payment options, Nispel said.\n“We expect regulation to take time to implement, and believe Apple’s competitive advantage is unlikely to be substantially harmed,” he added.","news_type":1,"symbols_score_info":{"AAPL":0.9}},"isVote":1,"tweetType":1,"viewCount":1047,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":608706307,"gmtCreate":1638785933513,"gmtModify":1638785973452,"author":{"id":"3560241002253187","authorId":"3560241002253187","name":"CL777","avatar":"https://static.tigerbbs.com/e9aef3dd830373a0427a3447b1b564e3","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3560241002253187","idStr":"3560241002253187"},"themes":[],"htmlText":"Overvalued.. $200 is fair&nbsp;","listText":"Overvalued.. $200 is fair&nbsp;","text":"Overvalued.. $200 is fair","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":4,"repostSize":0,"link":"https://laohu8.com/post/608706307","repostId":"1162046477","repostType":4,"repost":{"id":"1162046477","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":1638784711,"share":"https://www.laohu8.com/m/news/1162046477?lang=zh_CN&edition=full","pubTime":"2021-12-06 17:58","market":"us","language":"en","title":"Nvidia stock dropped nearly 5% in premarket trading<blockquote>英伟达股价在盘前交易中下跌近5%</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1162046477","media":"Tiger Newspress","summary":"Nvidia stock dropped nearly 5% in premarket trading.Nvidia’s plan to dominate chip design stymied by","content":"<p>Nvidia stock dropped nearly 5% in premarket trading.Nvidia’s plan to dominate chip design stymied by antitrust angst;CEO Jensen Huang sold 440000 shares last week,with a total value of about $140 million.</p><p><blockquote>英伟达股价在盘前交易中下跌近5%。英伟达主导芯片设计的计划因反垄断担忧而受阻；CEO黄仁勋上周出售了44万股，总价值约1.4亿美元。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/494eb32cb993b45b8f2677a4c48a9f94\" tg-width=\"852\" tg-height=\"621\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p> When&nbsp;Nvidia Corp.&nbsp;announced plans to buy&nbsp;Arm Ltd.&nbsp;in September 2020, the deal was more than just the chip industry’s largest-ever acquisition -- the company said it would supercharge the technology found in everything from cars to smartphones.</p><p><blockquote>当英伟达公司(Nvidia Corp.)于2020年9月宣布计划收购Arm Ltd.时，这笔交易不仅仅是芯片行业有史以来最大的收购——该公司表示，这将增强从汽车到智能手机等各种产品的技术。</blockquote></p><p> Now, more than a year later, that audacious plan is in peril. The&nbsp;U.S. Federal Trade Commission&nbsp;sued to block the $40 billion purchase on Thursday, calling it a threat to semiconductor innovation. Arm customers have lined up against the transaction. And investors and analysts have written off the idea of it ever happening.</p><p><blockquote>现在，一年多过去了，这个大胆的计划岌岌可危。美国。美国联邦贸易委员会周四提起诉讼，要求阻止这笔400亿美元的收购，称其对半导体创新构成威胁。Arm的客户已经排队反对这笔交易。投资者和分析师已经放弃了这种情况会发生的想法。</blockquote></p><p> EU antitrust regulators have temporarily halted their investigation into Nvidia's&nbsp;bid for British chip designer ARM,as they await more information, according to a European Commission filing.</p><p><blockquote>根据欧盟委员会的一份文件，欧盟反垄断监管机构暂时停止了对英伟达收购英国芯片设计公司ARM的调查，因为他们正在等待更多信息。</blockquote></p><p> British antitrust agency CMA has also said it would open a full-scale investigation into the deal.</p><p><blockquote>英国反垄断机构CMA也表示将对该交易展开全面调查。</blockquote></p><p> Nvidia has vowed to fight on, but with regulatory scrutiny escalating around the world, the prospects are dim.</p><p><blockquote>英伟达发誓要继续战斗，但随着全球监管审查的升级，前景黯淡。</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>Nvidia stock dropped nearly 5% in premarket trading<blockquote>英伟达股价在盘前交易中下跌近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; 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}\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\">\nNvidia stock dropped nearly 5% in premarket trading<blockquote>英伟达股价在盘前交易中下跌近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\">2021-12-06 17:58</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>Nvidia stock dropped nearly 5% in premarket trading.Nvidia’s plan to dominate chip design stymied by antitrust angst;CEO Jensen Huang sold 440000 shares last week,with a total value of about $140 million.</p><p><blockquote>英伟达股价在盘前交易中下跌近5%。英伟达主导芯片设计的计划因反垄断担忧而受阻；CEO黄仁勋上周出售了44万股，总价值约1.4亿美元。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/494eb32cb993b45b8f2677a4c48a9f94\" tg-width=\"852\" tg-height=\"621\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p> When&nbsp;Nvidia Corp.&nbsp;announced plans to buy&nbsp;Arm Ltd.&nbsp;in September 2020, the deal was more than just the chip industry’s largest-ever acquisition -- the company said it would supercharge the technology found in everything from cars to smartphones.</p><p><blockquote>当英伟达公司(Nvidia Corp.)于2020年9月宣布计划收购Arm Ltd.时，这笔交易不仅仅是芯片行业有史以来最大的收购——该公司表示，这将增强从汽车到智能手机等各种产品的技术。</blockquote></p><p> Now, more than a year later, that audacious plan is in peril. The&nbsp;U.S. Federal Trade Commission&nbsp;sued to block the $40 billion purchase on Thursday, calling it a threat to semiconductor innovation. Arm customers have lined up against the transaction. And investors and analysts have written off the idea of it ever happening.</p><p><blockquote>现在，一年多过去了，这个大胆的计划岌岌可危。美国。美国联邦贸易委员会周四提起诉讼，要求阻止这笔400亿美元的收购，称其对半导体创新构成威胁。Arm的客户已经排队反对这笔交易。投资者和分析师已经放弃了这种情况会发生的想法。</blockquote></p><p> EU antitrust regulators have temporarily halted their investigation into Nvidia's&nbsp;bid for British chip designer ARM,as they await more information, according to a European Commission filing.</p><p><blockquote>根据欧盟委员会的一份文件，欧盟反垄断监管机构暂时停止了对英伟达收购英国芯片设计公司ARM的调查，因为他们正在等待更多信息。</blockquote></p><p> British antitrust agency CMA has also said it would open a full-scale investigation into the deal.</p><p><blockquote>英国反垄断机构CMA也表示将对该交易展开全面调查。</blockquote></p><p> Nvidia has vowed to fight on, but with regulatory scrutiny escalating around the world, the prospects are dim.</p><p><blockquote>英伟达发誓要继续战斗，但随着全球监管审查的升级，前景黯淡。</blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NVDA":"英伟达"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1162046477","content_text":"Nvidia stock dropped nearly 5% in premarket trading.Nvidia’s plan to dominate chip design stymied by antitrust angst;CEO Jensen Huang sold 440000 shares last week,with a total value of about $140 million.\n\nWhen Nvidia Corp. announced plans to buy Arm Ltd. in September 2020, the deal was more than just the chip industry’s largest-ever acquisition -- the company said it would supercharge the technology found in everything from cars to smartphones.\nNow, more than a year later, that audacious plan is in peril. The U.S. Federal Trade Commission sued to block the $40 billion purchase on Thursday, calling it a threat to semiconductor innovation. Arm customers have lined up against the transaction. And investors and analysts have written off the idea of it ever happening.\nEU antitrust regulators have temporarily halted their investigation into Nvidia's bid for British chip designer ARM,as they await more information, according to a European Commission filing.\nBritish antitrust agency CMA has also said it would open a full-scale investigation into the deal.\nNvidia has vowed to fight on, but with regulatory scrutiny escalating around the world, the prospects are dim.","news_type":1,"symbols_score_info":{"NVDA":0.9}},"isVote":1,"tweetType":1,"viewCount":960,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":608113439,"gmtCreate":1638664240635,"gmtModify":1638664244590,"author":{"id":"3560241002253187","authorId":"3560241002253187","name":"CL777","avatar":"https://static.tigerbbs.com/e9aef3dd830373a0427a3447b1b564e3","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3560241002253187","idStr":"3560241002253187"},"themes":[],"htmlText":"Undervalued stock. Ignore the bears and buy","listText":"Undervalued stock. Ignore the bears and buy","text":"Undervalued stock. Ignore the bears and buy","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/608113439","repostId":"2188291935","repostType":4,"isVote":1,"tweetType":1,"viewCount":1154,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":608355184,"gmtCreate":1638634352231,"gmtModify":1638634356765,"author":{"id":"3560241002253187","authorId":"3560241002253187","name":"CL777","avatar":"https://static.tigerbbs.com/e9aef3dd830373a0427a3447b1b564e3","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3560241002253187","idStr":"3560241002253187"},"themes":[],"htmlText":"Wow","listText":"Wow","text":"Wow","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/608355184","repostId":"1140678193","repostType":4,"isVote":1,"tweetType":1,"viewCount":1009,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0}],"hots":[{"id":184623081,"gmtCreate":1623713527443,"gmtModify":1634029835899,"author":{"id":"3560241002253187","authorId":"3560241002253187","name":"CL777","avatar":"https://static.tigerbbs.com/e9aef3dd830373a0427a3447b1b564e3","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3560241002253187","authorIdStr":"3560241002253187"},"themes":[],"htmlText":"Wow","listText":"Wow","text":"Wow","images":[],"top":1,"highlighted":2,"essential":1,"paper":1,"likeSize":9,"commentSize":12,"repostSize":0,"link":"https://laohu8.com/post/184623081","repostId":"1126626020","repostType":4,"isVote":1,"tweetType":1,"viewCount":430,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":831270384,"gmtCreate":1629332270048,"gmtModify":1633685659081,"author":{"id":"3560241002253187","authorId":"3560241002253187","name":"CL777","avatar":"https://static.tigerbbs.com/e9aef3dd830373a0427a3447b1b564e3","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3560241002253187","authorIdStr":"3560241002253187"},"themes":[],"htmlText":"Good time to buy","listText":"Good time to buy","text":"Good time to buy","images":[],"top":1,"highlighted":2,"essential":1,"paper":1,"likeSize":6,"commentSize":12,"repostSize":0,"link":"https://laohu8.com/post/831270384","repostId":"1173912409","repostType":4,"repost":{"id":"1173912409","kind":"news","pubTimestamp":1629328047,"share":"https://www.laohu8.com/m/news/1173912409?lang=zh_CN&edition=full","pubTime":"2021-08-19 07:07","market":"us","language":"en","title":"Stocks End the Day in an Ugly Way After Fed Minutes Show Taper Talk Is Serious<blockquote>美联储会议纪要显示缩减购债计划是严肃的，股市以丑陋的方式收盘</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1173912409","media":"Barrons","summary":"Stocks sold off Wednesday after the release of the minutes of the Federal Reserve’s July meeting.\nTh","content":"<p>Stocks sold off Wednesday after the release of the minutes of the Federal Reserve’s July meeting.</p><p><blockquote>美联储7月会议纪要公布后，周三股市遭到抛售。</blockquote></p><p> The&nbsp;Dow Jones Industrial Average&nbsp;dropped 383 points, or 1.1%, while the S&amp;P 500&nbsp;fell 1.1%. The Nasdaq Composite&nbsp;declined 0.9%. All three finished near their lows of the day.</p><p><blockquote>道琼斯工业平均指数下跌383点，跌幅1.1%，标普500下跌1.1%。纳斯达克综合指数下跌0.9%。三者收盘均接近当日低点。</blockquote></p><p> Fed governors have been dropping hints in recent weeks that the beginning of the end of the central bank’s bond buying was nearing, and the minutes confirmed that&nbsp;taperingis at hand. “Most participants noted that …it could be appropriate to start reducing the pace of asset purchases this year,” the minutes read.</p><p><blockquote>最近几周，美联储理事一直在暗示央行债券购买即将结束，会议纪要证实了缩减购债规模。会议纪要中写道：“大多数与会者指出……今年开始放慢资产购买步伐可能是合适的。”</blockquote></p><p> The assessment comes as&nbsp;the economy has recovered quickly, and reflects that the Fed is now focused on when—and how quickly—to remove support from the economy.</p><p><blockquote>这一评估是在经济迅速复苏之际做出的，反映出美联储现在关注的是何时以及以多快的速度取消对经济的支持。</blockquote></p><p> The selloff was broad. About 83% of S&amp;P 500 stocks fell on the day, according to FactSet. This dynamics often reflects concern about how the market will perform without the Fed there to support it.</p><p><blockquote>抛售是广泛的。FactSet的数据显示，当天约83%的标普500股票下跌。这种动态通常反映了人们对如果没有美联储的支持，市场将如何表现的担忧。</blockquote></p><p> Now, it’s just a question of when tapering will begin. It’ “is going to be September or December,” said Dave Wagner, portfolio manager and analyst at Aptus Capital Advisors. “Everyone is focusing on Jackson Hole in my opinion,” he continued, referring to the conclave of central bankers that occurs later this month in Jackson Hole, Wyo.</p><p><blockquote>现在，只是何时开始缩减规模的问题。Aptus Capital Advisors的投资组合经理兼分析师戴夫·瓦格纳(Dave Wagner)表示，“将是9月或12月”。“在我看来，每个人都在关注杰克逊霍尔，”他继续说道，指的是本月晚些时候在怀俄明州杰克逊霍尔举行的央行行长秘密会议。</blockquote></p><p> Strangely, the bond market didn’t react all that much, with the 10-year Treasury yield closing at 1.27%, where it hovered for most of the day. The 2-year yield, which often moves higher when market participants see the Fed hiking short-term interest rates sooner, ended at 0.21%, lower than the 0.22% it hit in the morning.</p><p><blockquote>奇怪的是，债券市场并没有做出太大反应，10年期国债收益率收于1.27%，全天大部分时间都在该水平徘徊。当市场参与者看到美联储更快加息时，2年期国债收益率通常会走高，收于0.21%，低于上午触及的0.22%。</blockquote></p><p> “I don’t think we’ve learned anything new,” said Tom Graff, head of fixed income at Brown Advisory. Graff added that the consensus for a short-term interest rate hikes in 2022 or 2023 hasn’t changed.</p><p><blockquote>布朗咨询公司固定收益主管汤姆·格拉夫表示：“我认为我们没有学到任何新东西。”格拉夫补充说，2022年或2023年短期加息的共识没有改变。</blockquote></p><p> A weak market, however, couldn’t keep some stocks down. For some, it was about earnings.Lowe’s&nbsp;(ticker: LOW) stock rose 9.6% after&nbsp;reporting a profit&nbsp;of $4.25 a share, beating estimates of $4.01 a share, on sales of $27.6 billion, above expectations for $26.9 billion.TJX&nbsp;(TJX) stock rose 6% after reporting&nbsp;a profit&nbsp;of 64 cents a share, beating estimates of 59 cents a share, on sales of $12.1 billion, above expectations for $11 billion.</p><p><blockquote>然而，疲软的市场并不能让一些股票下跌。对于一些人来说，这与盈利有关。Lowe's（股票代码：LOW）公布每股利润4.25美元，超出预期每股4.01美元，销售额276亿美元，高于预期269亿美元，股价上涨9.6%。TJX(TJX)股价上涨6%，公布每股利润64美分，超出预期每股59美分，销售额为121亿美元，高于预期110亿美元。</blockquote></p><p> Others were buoyed by analyst upgrades, with ViacomCBS (VIAC) stock rose 3.7% after getting upgraded to Overweight from Equal Weight at Wells Fargo, and BlackBerry (BB) stock gained 4.2% after getting upgraded to Hold from Sell at Canaccord Genuity.</p><p><blockquote>其他人则受到分析师升级的提振，维亚康姆哥伦比亚广播公司(VIAC)股票在富国银行(Wells Fargo)将评级从“同等权重”上调至“跑赢大盘”后上涨3.7%；黑莓(BB)股票在Canaccord Genuity将评级从“卖出”上调至“持有”后上涨4.2%。</blockquote></p><p> Tilray&nbsp;(TLRY) stock rose 1.1% after the company bought senior secured convertible notes in marijuana company&nbsp;MedMen Enterprises.&nbsp;The notes would convert into an equity stake if&nbsp;cannabis is legalized in the U.S.</p><p><blockquote>Tilray(TLRY)股价上涨1.1%，此前该公司购买了大麻公司MedMen Enterprises的高级担保可转换票据。如果大麻在美国合法化，这些票据将转换为股权。</blockquote></p><p></p>","source":"lsy1601382232898","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Stocks End the Day in an Ugly Way After Fed Minutes Show Taper Talk Is Serious<blockquote>美联储会议纪要显示缩减购债计划是严肃的，股市以丑陋的方式收盘</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\">\nStocks End the Day in an Ugly Way After Fed Minutes Show Taper Talk Is Serious<blockquote>美联储会议纪要显示缩减购债计划是严肃的，股市以丑陋的方式收盘</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Barrons</strong><span class=\"h-time small\">2021-08-19 07:07</span>\n</p>\n</h4>\n</header>\n<article>\n<p>Stocks sold off Wednesday after the release of the minutes of the Federal Reserve’s July meeting.</p><p><blockquote>美联储7月会议纪要公布后，周三股市遭到抛售。</blockquote></p><p> The&nbsp;Dow Jones Industrial Average&nbsp;dropped 383 points, or 1.1%, while the S&amp;P 500&nbsp;fell 1.1%. The Nasdaq Composite&nbsp;declined 0.9%. All three finished near their lows of the day.</p><p><blockquote>道琼斯工业平均指数下跌383点，跌幅1.1%，标普500下跌1.1%。纳斯达克综合指数下跌0.9%。三者收盘均接近当日低点。</blockquote></p><p> Fed governors have been dropping hints in recent weeks that the beginning of the end of the central bank’s bond buying was nearing, and the minutes confirmed that&nbsp;taperingis at hand. “Most participants noted that …it could be appropriate to start reducing the pace of asset purchases this year,” the minutes read.</p><p><blockquote>最近几周，美联储理事一直在暗示央行债券购买即将结束，会议纪要证实了缩减购债规模。会议纪要中写道：“大多数与会者指出……今年开始放慢资产购买步伐可能是合适的。”</blockquote></p><p> The assessment comes as&nbsp;the economy has recovered quickly, and reflects that the Fed is now focused on when—and how quickly—to remove support from the economy.</p><p><blockquote>这一评估是在经济迅速复苏之际做出的，反映出美联储现在关注的是何时以及以多快的速度取消对经济的支持。</blockquote></p><p> The selloff was broad. About 83% of S&amp;P 500 stocks fell on the day, according to FactSet. This dynamics often reflects concern about how the market will perform without the Fed there to support it.</p><p><blockquote>抛售是广泛的。FactSet的数据显示，当天约83%的标普500股票下跌。这种动态通常反映了人们对如果没有美联储的支持，市场将如何表现的担忧。</blockquote></p><p> Now, it’s just a question of when tapering will begin. It’ “is going to be September or December,” said Dave Wagner, portfolio manager and analyst at Aptus Capital Advisors. “Everyone is focusing on Jackson Hole in my opinion,” he continued, referring to the conclave of central bankers that occurs later this month in Jackson Hole, Wyo.</p><p><blockquote>现在，只是何时开始缩减规模的问题。Aptus Capital Advisors的投资组合经理兼分析师戴夫·瓦格纳(Dave Wagner)表示，“将是9月或12月”。“在我看来，每个人都在关注杰克逊霍尔，”他继续说道，指的是本月晚些时候在怀俄明州杰克逊霍尔举行的央行行长秘密会议。</blockquote></p><p> Strangely, the bond market didn’t react all that much, with the 10-year Treasury yield closing at 1.27%, where it hovered for most of the day. The 2-year yield, which often moves higher when market participants see the Fed hiking short-term interest rates sooner, ended at 0.21%, lower than the 0.22% it hit in the morning.</p><p><blockquote>奇怪的是，债券市场并没有做出太大反应，10年期国债收益率收于1.27%，全天大部分时间都在该水平徘徊。当市场参与者看到美联储更快加息时，2年期国债收益率通常会走高，收于0.21%，低于上午触及的0.22%。</blockquote></p><p> “I don’t think we’ve learned anything new,” said Tom Graff, head of fixed income at Brown Advisory. Graff added that the consensus for a short-term interest rate hikes in 2022 or 2023 hasn’t changed.</p><p><blockquote>布朗咨询公司固定收益主管汤姆·格拉夫表示：“我认为我们没有学到任何新东西。”格拉夫补充说，2022年或2023年短期加息的共识没有改变。</blockquote></p><p> A weak market, however, couldn’t keep some stocks down. For some, it was about earnings.Lowe’s&nbsp;(ticker: LOW) stock rose 9.6% after&nbsp;reporting a profit&nbsp;of $4.25 a share, beating estimates of $4.01 a share, on sales of $27.6 billion, above expectations for $26.9 billion.TJX&nbsp;(TJX) stock rose 6% after reporting&nbsp;a profit&nbsp;of 64 cents a share, beating estimates of 59 cents a share, on sales of $12.1 billion, above expectations for $11 billion.</p><p><blockquote>然而，疲软的市场并不能让一些股票下跌。对于一些人来说，这与盈利有关。Lowe's（股票代码：LOW）公布每股利润4.25美元，超出预期每股4.01美元，销售额276亿美元，高于预期269亿美元，股价上涨9.6%。TJX(TJX)股价上涨6%，公布每股利润64美分，超出预期每股59美分，销售额为121亿美元，高于预期110亿美元。</blockquote></p><p> Others were buoyed by analyst upgrades, with ViacomCBS (VIAC) stock rose 3.7% after getting upgraded to Overweight from Equal Weight at Wells Fargo, and BlackBerry (BB) stock gained 4.2% after getting upgraded to Hold from Sell at Canaccord Genuity.</p><p><blockquote>其他人则受到分析师升级的提振，维亚康姆哥伦比亚广播公司(VIAC)股票在富国银行(Wells Fargo)将评级从“同等权重”上调至“跑赢大盘”后上涨3.7%；黑莓(BB)股票在Canaccord Genuity将评级从“卖出”上调至“持有”后上涨4.2%。</blockquote></p><p> Tilray&nbsp;(TLRY) stock rose 1.1% after the company bought senior secured convertible notes in marijuana company&nbsp;MedMen Enterprises.&nbsp;The notes would convert into an equity stake if&nbsp;cannabis is legalized in the U.S.</p><p><blockquote>Tilray(TLRY)股价上涨1.1%，此前该公司购买了大麻公司MedMen Enterprises的高级担保可转换票据。如果大麻在美国合法化，这些票据将转换为股权。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.barrons.com/articles/stock-market-today-51629283162?mod=hp_LEAD_1\">Barrons</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TJX":"The TJX Companies Inc.","BB":"黑莓",".DJI":"道琼斯",".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index","LOW":"劳氏","TLRY":"Tilray Inc."},"source_url":"https://www.barrons.com/articles/stock-market-today-51629283162?mod=hp_LEAD_1","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1173912409","content_text":"Stocks sold off Wednesday after the release of the minutes of the Federal Reserve’s July meeting.\nThe Dow Jones Industrial Average dropped 383 points, or 1.1%, while the S&P 500 fell 1.1%. The Nasdaq Composite declined 0.9%. All three finished near their lows of the day.\nFed governors have been dropping hints in recent weeks that the beginning of the end of the central bank’s bond buying was nearing, and the minutes confirmed that taperingis at hand. “Most participants noted that …it could be appropriate to start reducing the pace of asset purchases this year,” the minutes read.\nThe assessment comes as the economy has recovered quickly, and reflects that the Fed is now focused on when—and how quickly—to remove support from the economy.\nThe selloff was broad. About 83% of S&P 500 stocks fell on the day, according to FactSet. This dynamics often reflects concern about how the market will perform without the Fed there to support it.\nNow, it’s just a question of when tapering will begin. It’ “is going to be September or December,” said Dave Wagner, portfolio manager and analyst at Aptus Capital Advisors. “Everyone is focusing on Jackson Hole in my opinion,” he continued, referring to the conclave of central bankers that occurs later this month in Jackson Hole, Wyo.\nStrangely, the bond market didn’t react all that much, with the 10-year Treasury yield closing at 1.27%, where it hovered for most of the day. The 2-year yield, which often moves higher when market participants see the Fed hiking short-term interest rates sooner, ended at 0.21%, lower than the 0.22% it hit in the morning.\n“I don’t think we’ve learned anything new,” said Tom Graff, head of fixed income at Brown Advisory. Graff added that the consensus for a short-term interest rate hikes in 2022 or 2023 hasn’t changed.\nA weak market, however, couldn’t keep some stocks down. For some, it was about earnings.Lowe’s (ticker: LOW) stock rose 9.6% after reporting a profit of $4.25 a share, beating estimates of $4.01 a share, on sales of $27.6 billion, above expectations for $26.9 billion.TJX (TJX) stock rose 6% after reporting a profit of 64 cents a share, beating estimates of 59 cents a share, on sales of $12.1 billion, above expectations for $11 billion.\nOthers were buoyed by analyst upgrades, with ViacomCBS (VIAC) stock rose 3.7% after getting upgraded to Overweight from Equal Weight at Wells Fargo, and BlackBerry (BB) stock gained 4.2% after getting upgraded to Hold from Sell at Canaccord Genuity.\nTilray (TLRY) stock rose 1.1% after the company bought senior secured convertible notes in marijuana company MedMen Enterprises. The notes would convert into an equity stake if cannabis is legalized in the 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to come for Amzn and Appl","listText":"More to come for Amzn and Appl","text":"More to come for Amzn and Appl","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":9,"repostSize":0,"link":"https://laohu8.com/post/348629921","repostId":"2126274701","repostType":4,"isVote":1,"tweetType":1,"viewCount":1030,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":126593470,"gmtCreate":1624577950390,"gmtModify":1634004227583,"author":{"id":"3560241002253187","authorId":"3560241002253187","name":"CL777","avatar":"https://static.tigerbbs.com/e9aef3dd830373a0427a3447b1b564e3","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3560241002253187","authorIdStr":"3560241002253187"},"themes":[],"htmlText":"Good","listText":"Good","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":9,"repostSize":0,"link":"https://laohu8.com/post/126593470","repostId":"2146023477","repostType":4,"isVote":1,"tweetType":1,"viewCount":533,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":165241915,"gmtCreate":1624148921137,"gmtModify":1634010342931,"author":{"id":"3560241002253187","authorId":"3560241002253187","name":"CL777","avatar":"https://static.tigerbbs.com/e9aef3dd830373a0427a3447b1b564e3","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3560241002253187","authorIdStr":"3560241002253187"},"themes":[],"htmlText":"Let’s see if he is right next week.&nbsp;","listText":"Let’s see if he is right next week.&nbsp;","text":"Let’s see if he is right next week.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":9,"repostSize":0,"link":"https://laohu8.com/post/165241915","repostId":"1175119628","repostType":4,"isVote":1,"tweetType":1,"viewCount":722,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":340622448,"gmtCreate":1617409327284,"gmtModify":1634521110333,"author":{"id":"3560241002253187","authorId":"3560241002253187","name":"CL777","avatar":"https://static.tigerbbs.com/e9aef3dd830373a0427a3447b1b564e3","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3560241002253187","authorIdStr":"3560241002253187"},"themes":[],"htmlText":"Amazing&nbsp;","listText":"Amazing&nbsp;","text":"Amazing","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":8,"repostSize":0,"link":"https://laohu8.com/post/340622448","repostId":"1176602902","repostType":4,"repost":{"id":"1176602902","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":1617366683,"share":"https://www.laohu8.com/m/news/1176602902?lang=zh_CN&edition=full","pubTime":"2021-04-02 20:31","market":"us","language":"en","title":"U.S. added 916,000 jobs in March, above expectations<blockquote>美国3月新增就业91.6万个，高于预期</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1176602902","media":"Tiger Newspress","summary":"(April 2) Job growth boomed in March at the fastest pace since last summer as stronger economic grow","content":"<p>(April&nbsp;2)&nbsp;Job growth boomed in March at the fastest pace since last summer as stronger economic growth and an aggressive vaccination effort pushed companies to step up hiring, the Labor Department reported Friday.</p><p><blockquote>（4月2日）美国劳工部周五报告称，由于强劲的经济增长和积极的疫苗接种工作推动企业加大招聘力度，3月份就业增长以去年夏天以来的最快速度增长。</blockquote></p><p>Nonfarm payrolls increased by 916,000 for the month while the unemployment rate fell to 6%.</p><p><blockquote>当月非农就业人数增加91.6万人，失业率降至6%。</blockquote></p><p>Economists surveyed by Dow Jones had been looking for an increase of 675,000 and an unemployment rate of 6%.</p><p><blockquote>接受道琼斯调查的经济学家一直预计增加675,000人，失业率为6%。</blockquote></p><p>The report comes amid a slew of other indicators pointing to stronger growth as the U.S. tries to shake off the effects of the Covid-19 pandemic. States and municipalities across the country continue to reopen after a year of operating at reduced capacity.</p><p><blockquote>该报告发布之际，一系列其他指标表明，随着美国试图摆脱Covid-19大流行的影响，经济增长将更加强劲。在经历了一年的产能减少后，全国各地的州和市继续重新开放。</blockquote></p><p>Business activity has returned to close to normal levels in much of the company despite the restrictions, with a tracker by Jeffries indicating that activity is at 93.5% of its pre-pandemic level.</p><p><blockquote>尽管受到限制，该公司大部分地区的业务活动已恢复到接近正常水平，Jeffries的跟踪显示，业务活动为大流行前水平的93.5%。</blockquote></p><p>Data from Homebase shows that employees working and hours worked both gained sharply over the past month, with significant improvements in both hospitality and entertainment. Those have been the hardest-hit sectors, but have improved over the past two months as governments have loosened up on some of the harshest restrictions on activity.</p><p><blockquote>Homebase的数据显示，过去一个月，员工的工作时间和工作时间都大幅增加，接待和娱乐方面都有显着改善。这些是受打击最严重的行业，但随着政府放松了一些最严厉的活动限制，过去两个月有所改善。</blockquote></p><p>At the same time, manufacturing is enjoying a boom, with an Institute for Supply Management gauge of activity in the sector hitting its highest level since late 1983 in March.</p><p><blockquote>与此同时，制造业正在蓬勃发展，供应管理协会对该行业活动的衡量在3月份达到了1983年底以来的最高水平。</blockquote></p><p>The pace of gains combined with the unprecedented level of government stimulus has kindled worries about inflation, though Federal Reserve officials say any increases will be temporary.</p><p><blockquote>尽管美联储官员表示，任何加息都将是暂时的，但加息速度加上政府前所未有的刺激措施引发了人们对通胀的担忧。</blockquote></p><p>The Fed is keeping a close eye on the jobs data, but policymakers have said repeatedly that even with the recent improvements the labor market is nowhere near a point that would push the central bank into raising interest rates.</p><p><blockquote>美联储正在密切关注就业数据，但政策制定者一再表示，即使最近有所改善，劳动力市场也远未达到推动央行加息的程度。</blockquote></p><p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; 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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. added 916,000 jobs in March, above expectations<blockquote>美国3月新增就业91.6万个，高于预期</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\">2021-04-02 20:31</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>(April&nbsp;2)&nbsp;Job growth boomed in March at the fastest pace since last summer as stronger economic growth and an aggressive vaccination effort pushed companies to step up hiring, the Labor Department reported Friday.</p><p><blockquote>（4月2日）美国劳工部周五报告称，由于强劲的经济增长和积极的疫苗接种工作推动企业加大招聘力度，3月份就业增长以去年夏天以来的最快速度增长。</blockquote></p><p>Nonfarm payrolls increased by 916,000 for the month while the unemployment rate fell to 6%.</p><p><blockquote>当月非农就业人数增加91.6万人，失业率降至6%。</blockquote></p><p>Economists surveyed by Dow Jones had been looking for an increase of 675,000 and an unemployment rate of 6%.</p><p><blockquote>接受道琼斯调查的经济学家一直预计增加675,000人，失业率为6%。</blockquote></p><p>The report comes amid a slew of other indicators pointing to stronger growth as the U.S. tries to shake off the effects of the Covid-19 pandemic. States and municipalities across the country continue to reopen after a year of operating at reduced capacity.</p><p><blockquote>该报告发布之际，一系列其他指标表明，随着美国试图摆脱Covid-19大流行的影响，经济增长将更加强劲。在经历了一年的产能减少后，全国各地的州和市继续重新开放。</blockquote></p><p>Business activity has returned to close to normal levels in much of the company despite the restrictions, with a tracker by Jeffries indicating that activity is at 93.5% of its pre-pandemic level.</p><p><blockquote>尽管受到限制，该公司大部分地区的业务活动已恢复到接近正常水平，Jeffries的跟踪显示，业务活动为大流行前水平的93.5%。</blockquote></p><p>Data from Homebase shows that employees working and hours worked both gained sharply over the past month, with significant improvements in both hospitality and entertainment. Those have been the hardest-hit sectors, but have improved over the past two months as governments have loosened up on some of the harshest restrictions on activity.</p><p><blockquote>Homebase的数据显示，过去一个月，员工的工作时间和工作时间都大幅增加，接待和娱乐方面都有显着改善。这些是受打击最严重的行业，但随着政府放松了一些最严厉的活动限制，过去两个月有所改善。</blockquote></p><p>At the same time, manufacturing is enjoying a boom, with an Institute for Supply Management gauge of activity in the sector hitting its highest level since late 1983 in March.</p><p><blockquote>与此同时，制造业正在蓬勃发展，供应管理协会对该行业活动的衡量在3月份达到了1983年底以来的最高水平。</blockquote></p><p>The pace of gains combined with the unprecedented level of government stimulus has kindled worries about inflation, though Federal Reserve officials say any increases will be temporary.</p><p><blockquote>尽管美联储官员表示，任何加息都将是暂时的，但加息速度加上政府前所未有的刺激措施引发了人们对通胀的担忧。</blockquote></p><p>The Fed is keeping a close eye on the jobs data, but policymakers have said repeatedly that even with the recent improvements the labor market is nowhere near a point that would push the central bank into raising interest rates.</p><p><blockquote>美联储正在密切关注就业数据，但政策制定者一再表示，即使最近有所改善，劳动力市场也远未达到推动央行加息的程度。</blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index",".DJI":"道琼斯","SPY":"标普500ETF"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1176602902","content_text":"(April 2) Job growth boomed in March at the fastest pace since last summer as stronger economic growth and an aggressive vaccination effort pushed companies to step up hiring, the Labor Department reported Friday.Nonfarm payrolls increased by 916,000 for the month while the unemployment rate fell to 6%.Economists surveyed by Dow Jones had been looking for an increase of 675,000 and an unemployment rate of 6%.The report comes amid a slew of other indicators pointing to stronger growth as the U.S. tries to shake off the effects of the Covid-19 pandemic. States and municipalities across the country continue to reopen after a year of operating at reduced capacity.Business activity has returned to close to normal levels in much of the company despite the restrictions, with a tracker by Jeffries indicating that activity is at 93.5% of its pre-pandemic level.Data from Homebase shows that employees working and hours worked both gained sharply over the past month, with significant improvements in both hospitality and entertainment. Those have been the hardest-hit sectors, but have improved over the past two months as governments have loosened up on some of the harshest restrictions on activity.At the same time, manufacturing is enjoying a boom, with an Institute for Supply Management gauge of activity in the sector hitting its highest level since late 1983 in March.The pace of gains combined with the unprecedented level of government stimulus has kindled worries about inflation, though Federal Reserve officials say any increases will be temporary.The Fed is keeping a close eye on the jobs data, but policymakers have said repeatedly that even with the recent improvements the labor market is nowhere near a point that would push the central bank into raising interest rates.","news_type":1,"symbols_score_info":{".DJI":0.9,".IXIC":0.9,"SPY":0.9,".SPX":0.9}},"isVote":1,"tweetType":1,"viewCount":543,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":121715702,"gmtCreate":1624492408406,"gmtModify":1634005438894,"author":{"id":"3560241002253187","authorId":"3560241002253187","name":"CL777","avatar":"https://static.tigerbbs.com/e9aef3dd830373a0427a3447b1b564e3","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3560241002253187","authorIdStr":"3560241002253187"},"themes":[],"htmlText":"Amazing&nbsp;","listText":"Amazing&nbsp;","text":"Amazing","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":8,"repostSize":0,"link":"https://laohu8.com/post/121715702","repostId":"1156291883","repostType":4,"isVote":1,"tweetType":1,"viewCount":612,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":113964120,"gmtCreate":1622591387860,"gmtModify":1634100235138,"author":{"id":"3560241002253187","authorId":"3560241002253187","name":"CL777","avatar":"https://static.tigerbbs.com/e9aef3dd830373a0427a3447b1b564e3","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3560241002253187","authorIdStr":"3560241002253187"},"themes":[],"htmlText":"Amazon will thrive ultimately&nbsp;","listText":"Amazon will thrive ultimately&nbsp;","text":"Amazon will thrive ultimately","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":9,"repostSize":0,"link":"https://laohu8.com/post/113964120","repostId":"1169405526","repostType":4,"isVote":1,"tweetType":1,"viewCount":1029,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":110763129,"gmtCreate":1622504734161,"gmtModify":1634101090184,"author":{"id":"3560241002253187","authorId":"3560241002253187","name":"CL777","avatar":"https://static.tigerbbs.com/e9aef3dd830373a0427a3447b1b564e3","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3560241002253187","authorIdStr":"3560241002253187"},"themes":[],"htmlText":"Not another e-commerce platform. Too crowded&nbsp;","listText":"Not another e-commerce platform. Too crowded&nbsp;","text":"Not another e-commerce platform. Too crowded","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":9,"repostSize":0,"link":"https://laohu8.com/post/110763129","repostId":"1113386303","repostType":4,"isVote":1,"tweetType":1,"viewCount":557,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":881808202,"gmtCreate":1631321174106,"gmtModify":1631888882932,"author":{"id":"3560241002253187","authorId":"3560241002253187","name":"CL777","avatar":"https://static.tigerbbs.com/e9aef3dd830373a0427a3447b1b564e3","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3560241002253187","authorIdStr":"3560241002253187"},"themes":[],"htmlText":"Back to $130 soon","listText":"Back to $130 soon","text":"Back to $130 soon","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":10,"commentSize":6,"repostSize":0,"link":"https://laohu8.com/post/881808202","repostId":"2166711943","repostType":4,"isVote":1,"tweetType":1,"viewCount":475,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":815032750,"gmtCreate":1630629219670,"gmtModify":1631891958499,"author":{"id":"3560241002253187","authorId":"3560241002253187","name":"CL777","avatar":"https://static.tigerbbs.com/e9aef3dd830373a0427a3447b1b564e3","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3560241002253187","authorIdStr":"3560241002253187"},"themes":[],"htmlText":"At most back&nbsp;to $120&nbsp;level..&nbsp;","listText":"At most back&nbsp;to $120&nbsp;level..&nbsp;","text":"At most back to $120 level..","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":8,"repostSize":0,"link":"https://laohu8.com/post/815032750","repostId":"1131318558","repostType":4,"repost":{"id":"1131318558","kind":"news","pubTimestamp":1630591645,"share":"https://www.laohu8.com/m/news/1131318558?lang=zh_CN&edition=full","pubTime":"2021-09-02 22:07","market":"us","language":"en","title":"Bear Attack: Could Apple Stock Really Drop 40%?<blockquote>空头攻击：苹果股价真的会下跌40%吗？</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1131318558","media":"Thestreet","summary":"One of two Wall Street analysts that had a sell rating on Apple stock threw in the towel. The other still thinks that AAPL shares could drop 40%. Is the sizable downside risk realistic?On the first day of September, one of the rare Wall Street bears on Apple stock  finally gave in and dropped his sell rating. The last remaining one still sees shares dropping to a price target of $90, representing risk of loss of around 40%.Could New Street’s Pierre Ferragu, the last remaining Apple bear on Wall ","content":"<p>One of two Wall Street analysts that had a sell rating on Apple stock threw in the towel. The other still thinks that AAPL shares could drop 40%. Is the sizable downside risk realistic?</p><p><blockquote>对苹果股票给予卖出评级的两位华尔街分析师之一认输了。另一位仍然认为AAPL股价可能会下跌40%。巨大的下行风险现实吗？</blockquote></p><p> On the first day of September, one of the rare Wall Street bears on Apple stock&nbsp;(<b>AAPL</b>)&nbsp;finally gave in and dropped his sell rating. The last remaining one still&nbsp;sees&nbsp;shares dropping to a price target of $90, representing risk of loss of around 40%.</p><p><blockquote>九月的第一天，华尔街罕见的看空苹果股票之一（<b>AAPL</b>）最终让步，下调了卖出评级。剩下的最后一位仍将股价跌至90美元的目标价，损失风险约为40%。</blockquote></p><p> Could New Street’s Pierre Ferragu, the last remaining Apple bear on Wall Street, be right about his downside call? The Apple Maven looks a bit closer at the argument.</p><p><blockquote>New Street的Pierre Ferragu是华尔街最后一位看空苹果的人，他对看涨期权下行的看法可能是正确的吗？这位苹果专家更仔细地观察了这场争论。</blockquote></p><p> <b>Why bearish on Apple?</b></p><p><blockquote><b>为什么看空苹果？</b></blockquote></p><p> The core of Pierre’s bearish argument&nbsp;seems to be the iPhone. The analyst has called the upcoming device launch a “12S cycle”, arguing that the best of Apple’s iPhone upgrade wave,the so-called 5G super cycle, has been left in the rearview mirror.</p><p><blockquote>皮埃尔看空论点的核心似乎是iPhone。这位分析师将即将推出的设备称为“12S周期”，认为苹果iPhone升级浪潮中最好的部分，即所谓的5G超级周期，已经成为过去。</blockquote></p><p> New Street subscribes to the view that the strong iPhone 12 cycle has pulled forward smartphone sales, leaving a gap in demand going forward. Interestingly, this is exactly the&nbsp;opposite opinion of bullish Wedbush analyst Dan Ives, who said the following during an interview with the Apple Maven:</p><p><blockquote>New Street赞同这样的观点，即强劲的iPhone 12周期拉动了智能手机销量，导致未来需求出现缺口。有趣的是，这与看涨的Wedbush分析师Dan Ives的观点完全相反，Dan Ives在接受《苹果专家》采访时表示：</blockquote></p><p>   “What the Street underestimates is how massive and elongated this super cycle is. […] 5G does not get fully embraced for the next two or three years, until the networks are built out. In China [where the 5G infrastructure is further ahead], the iPhone 12, especially the larger Pro versions, really sold extremely well.”  Still on the iPhone, Mr. Ferragu laid out his expectations for 2022 back in April (I am unaware of revisions since then). He believes that iPhone shipments will reach 190 million units, suggesting segment revenues of around $150 billion – a modest annual increase of 5% from COVID-19 levels.</p><p><blockquote>“华尔街低估了这个超级周期的规模和长度。[……]在网络建成之前，5G在未来两三年内不会被完全接受。在中国（5G基础设施更加领先），iPhone 12，尤其是较大的Pro版本，确实卖得非常好。”Ferragu先生仍然在iPhone上，早在4月份就提出了他对2022年的预期（我不知道此后有任何修改）。他认为iPhone出货量将达到1.9亿部，这意味着该部门的收入约为1500亿美元——比COVID-19水平每年小幅增长5%。</blockquote></p><p> <b>Could AAPL sink 40%?</b></p><p><blockquote><b>AAPL会下跌40%吗？</b></blockquote></p><p> Now, let’s put pen to paper. For Apple stock to be valued at $90 apiece, one of two things would need to happen: either financial performance would need to lag consensus expectations, or valuations would need to contract (or a combination of both).</p><p><blockquote>现在，让我们动笔。苹果股票的估值要达到每股90美元，需要发生两件事之一：要么财务业绩需要落后于普遍预期，要么估值需要收缩（或两者兼而有之）。</blockquote></p><p> On results,Wall Street currently sees&nbsp;fiscal 2022 EPS landing at $5.63, roughly flat against a 2021 that has been impressive so far. For AAPL to drop 40% in price, therefore, next-year earnings would need to miss consensus substantially, by at least a couple of dollars. I find this highly unlikely.</p><p><blockquote>从业绩来看，华尔街目前预计2022财年每股收益将达到5.63美元，与迄今为止令人印象深刻的2021财年基本持平。因此，苹果公司要想股价下跌40%，明年的盈利就需要大幅低于市场预期，至少下降几美元。我觉得这不太可能。</blockquote></p><p> On valuations, AAPL currently trades at a fiscal 2021 earnings multiple of 27 times. Assuming consensus-matching results in the future, this multiple would need to drop to about 16 times for AAPL shares to sink to $90. The stock’s forward P/E has not been this low in years.</p><p><blockquote>从估值来看，AAPL目前的2021财年市盈率为27倍。假设未来的结果与共识匹配，这一市盈率需要降至16倍左右，AAPL股价才能跌至90美元。该股的预期市盈率多年来从未如此低。</blockquote></p><p> <b>The Apple Maven’s take</b></p><p><blockquote><b>苹果专家的看法</b></blockquote></p><p> I find it very improbable, if not virtually impossible, for Apple to ever be valued at $90 per share again. It is much more reasonable, in my opinion, that New Street’s current price target on the stock is simply stale, following AAPL’s 25% rally in the past six months.</p><p><blockquote>我发现苹果的估值即使不是几乎不可能，也不太可能再次达到每股90美元。在我看来，更合理的是，在AAPL在过去六个月内上涨了25%之后，New Street目前的股价目标已经过时了。</blockquote></p><p> Therefore, I would not be surprised to see Wall Street’s last AAPL bear eventually (soon?) give in on his downside convictions, at least in what pertains to his current price target.</p><p><blockquote>因此，看到华尔街最后一次看空苹果公司最终（很快？）屈服于他的下行信念，至少在与他当前的价格目标相关的方面，我不会感到惊讶。</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>Bear Attack: Could Apple Stock Really Drop 40%?<blockquote>空头攻击：苹果股价真的会下跌40%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\">\nBear Attack: Could Apple Stock Really Drop 40%?<blockquote>空头攻击：苹果股价真的会下跌40%吗？</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Thestreet</strong><span class=\"h-time small\">2021-09-02 22:07</span>\n</p>\n</h4>\n</header>\n<article>\n<p>One of two Wall Street analysts that had a sell rating on Apple stock threw in the towel. The other still thinks that AAPL shares could drop 40%. Is the sizable downside risk realistic?</p><p><blockquote>对苹果股票给予卖出评级的两位华尔街分析师之一认输了。另一位仍然认为AAPL股价可能会下跌40%。巨大的下行风险现实吗？</blockquote></p><p> On the first day of September, one of the rare Wall Street bears on Apple stock&nbsp;(<b>AAPL</b>)&nbsp;finally gave in and dropped his sell rating. The last remaining one still&nbsp;sees&nbsp;shares dropping to a price target of $90, representing risk of loss of around 40%.</p><p><blockquote>九月的第一天，华尔街罕见的看空苹果股票之一（<b>AAPL</b>）最终让步，下调了卖出评级。剩下的最后一位仍将股价跌至90美元的目标价，损失风险约为40%。</blockquote></p><p> Could New Street’s Pierre Ferragu, the last remaining Apple bear on Wall Street, be right about his downside call? The Apple Maven looks a bit closer at the argument.</p><p><blockquote>New Street的Pierre Ferragu是华尔街最后一位看空苹果的人，他对看涨期权下行的看法可能是正确的吗？这位苹果专家更仔细地观察了这场争论。</blockquote></p><p> <b>Why bearish on Apple?</b></p><p><blockquote><b>为什么看空苹果？</b></blockquote></p><p> The core of Pierre’s bearish argument&nbsp;seems to be the iPhone. The analyst has called the upcoming device launch a “12S cycle”, arguing that the best of Apple’s iPhone upgrade wave,the so-called 5G super cycle, has been left in the rearview mirror.</p><p><blockquote>皮埃尔看空论点的核心似乎是iPhone。这位分析师将即将推出的设备称为“12S周期”，认为苹果iPhone升级浪潮中最好的部分，即所谓的5G超级周期，已经成为过去。</blockquote></p><p> New Street subscribes to the view that the strong iPhone 12 cycle has pulled forward smartphone sales, leaving a gap in demand going forward. Interestingly, this is exactly the&nbsp;opposite opinion of bullish Wedbush analyst Dan Ives, who said the following during an interview with the Apple Maven:</p><p><blockquote>New Street赞同这样的观点，即强劲的iPhone 12周期拉动了智能手机销量，导致未来需求出现缺口。有趣的是，这与看涨的Wedbush分析师Dan Ives的观点完全相反，Dan Ives在接受《苹果专家》采访时表示：</blockquote></p><p>   “What the Street underestimates is how massive and elongated this super cycle is. […] 5G does not get fully embraced for the next two or three years, until the networks are built out. In China [where the 5G infrastructure is further ahead], the iPhone 12, especially the larger Pro versions, really sold extremely well.”  Still on the iPhone, Mr. Ferragu laid out his expectations for 2022 back in April (I am unaware of revisions since then). He believes that iPhone shipments will reach 190 million units, suggesting segment revenues of around $150 billion – a modest annual increase of 5% from COVID-19 levels.</p><p><blockquote>“华尔街低估了这个超级周期的规模和长度。[……]在网络建成之前，5G在未来两三年内不会被完全接受。在中国（5G基础设施更加领先），iPhone 12，尤其是较大的Pro版本，确实卖得非常好。”Ferragu先生仍然在iPhone上，早在4月份就提出了他对2022年的预期（我不知道此后有任何修改）。他认为iPhone出货量将达到1.9亿部，这意味着该部门的收入约为1500亿美元——比COVID-19水平每年小幅增长5%。</blockquote></p><p> <b>Could AAPL sink 40%?</b></p><p><blockquote><b>AAPL会下跌40%吗？</b></blockquote></p><p> Now, let’s put pen to paper. For Apple stock to be valued at $90 apiece, one of two things would need to happen: either financial performance would need to lag consensus expectations, or valuations would need to contract (or a combination of both).</p><p><blockquote>现在，让我们动笔。苹果股票的估值要达到每股90美元，需要发生两件事之一：要么财务业绩需要落后于普遍预期，要么估值需要收缩（或两者兼而有之）。</blockquote></p><p> On results,Wall Street currently sees&nbsp;fiscal 2022 EPS landing at $5.63, roughly flat against a 2021 that has been impressive so far. For AAPL to drop 40% in price, therefore, next-year earnings would need to miss consensus substantially, by at least a couple of dollars. I find this highly unlikely.</p><p><blockquote>从业绩来看，华尔街目前预计2022财年每股收益将达到5.63美元，与迄今为止令人印象深刻的2021财年基本持平。因此，苹果公司要想股价下跌40%，明年的盈利就需要大幅低于市场预期，至少下降几美元。我觉得这不太可能。</blockquote></p><p> On valuations, AAPL currently trades at a fiscal 2021 earnings multiple of 27 times. Assuming consensus-matching results in the future, this multiple would need to drop to about 16 times for AAPL shares to sink to $90. The stock’s forward P/E has not been this low in years.</p><p><blockquote>从估值来看，AAPL目前的2021财年市盈率为27倍。假设未来的结果与共识匹配，这一市盈率需要降至16倍左右，AAPL股价才能跌至90美元。该股的预期市盈率多年来从未如此低。</blockquote></p><p> <b>The Apple Maven’s take</b></p><p><blockquote><b>苹果专家的看法</b></blockquote></p><p> I find it very improbable, if not virtually impossible, for Apple to ever be valued at $90 per share again. It is much more reasonable, in my opinion, that New Street’s current price target on the stock is simply stale, following AAPL’s 25% rally in the past six months.</p><p><blockquote>我发现苹果的估值即使不是几乎不可能，也不太可能再次达到每股90美元。在我看来，更合理的是，在AAPL在过去六个月内上涨了25%之后，New Street目前的股价目标已经过时了。</blockquote></p><p> Therefore, I would not be surprised to see Wall Street’s last AAPL bear eventually (soon?) give in on his downside convictions, at least in what pertains to his current price target.</p><p><blockquote>因此，看到华尔街最后一次看空苹果公司最终（很快？）屈服于他的下行信念，至少在与他当前的价格目标相关的方面，我不会感到惊讶。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.thestreet.com/apple/stock/bear-attack-could-apple-stock-really-drop-40\">Thestreet</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果"},"source_url":"https://www.thestreet.com/apple/stock/bear-attack-could-apple-stock-really-drop-40","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1131318558","content_text":"One of two Wall Street analysts that had a sell rating on Apple stock threw in the towel. The other still thinks that AAPL shares could drop 40%. Is the sizable downside risk realistic?\nOn the first day of September, one of the rare Wall Street bears on Apple stock (AAPL) finally gave in and dropped his sell rating. The last remaining one still sees shares dropping to a price target of $90, representing risk of loss of around 40%.\nCould New Street’s Pierre Ferragu, the last remaining Apple bear on Wall Street, be right about his downside call? The Apple Maven looks a bit closer at the argument.\nWhy bearish on Apple?\nThe core of Pierre’s bearish argument seems to be the iPhone. The analyst has called the upcoming device launch a “12S cycle”, arguing that the best of Apple’s iPhone upgrade wave,the so-called 5G super cycle, has been left in the rearview mirror.\nNew Street subscribes to the view that the strong iPhone 12 cycle has pulled forward smartphone sales, leaving a gap in demand going forward. Interestingly, this is exactly the opposite opinion of bullish Wedbush analyst Dan Ives, who said the following during an interview with the Apple Maven:\n\n “What the Street underestimates is how massive and elongated this super cycle is. […] 5G does not get fully embraced for the next two or three years, until the networks are built out. In China [where the 5G infrastructure is further ahead], the iPhone 12, especially the larger Pro versions, really sold extremely well.”\n\nStill on the iPhone, Mr. Ferragu laid out his expectations for 2022 back in April (I am unaware of revisions since then). He believes that iPhone shipments will reach 190 million units, suggesting segment revenues of around $150 billion – a modest annual increase of 5% from COVID-19 levels.\nCould AAPL sink 40%?\nNow, let’s put pen to paper. For Apple stock to be valued at $90 apiece, one of two things would need to happen: either financial performance would need to lag consensus expectations, or valuations would need to contract (or a combination of both).\nOn results,Wall Street currently sees fiscal 2022 EPS landing at $5.63, roughly flat against a 2021 that has been impressive so far. For AAPL to drop 40% in price, therefore, next-year earnings would need to miss consensus substantially, by at least a couple of dollars. I find this highly unlikely.\nOn valuations, AAPL currently trades at a fiscal 2021 earnings multiple of 27 times. Assuming consensus-matching results in the future, this multiple would need to drop to about 16 times for AAPL shares to sink to $90. The stock’s forward P/E has not been this low in years.\nThe Apple Maven’s take\nI find it very improbable, if not virtually impossible, for Apple to ever be valued at $90 per share again. It is much more reasonable, in my opinion, that New Street’s current price target on the stock is simply stale, following AAPL’s 25% rally in the past six months.\nTherefore, I would not be surprised to see Wall Street’s last AAPL bear eventually (soon?) give in on his downside convictions, at least in what pertains to his current price target.","news_type":1,"symbols_score_info":{"AAPL":0.9}},"isVote":1,"tweetType":1,"viewCount":458,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":819036126,"gmtCreate":1630021656165,"gmtModify":1704954625042,"author":{"id":"3560241002253187","authorId":"3560241002253187","name":"CL777","avatar":"https://static.tigerbbs.com/e9aef3dd830373a0427a3447b1b564e3","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3560241002253187","authorIdStr":"3560241002253187"},"themes":[],"htmlText":"That’s serious&nbsp;","listText":"That’s serious&nbsp;","text":"That’s serious","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":8,"repostSize":0,"link":"https://laohu8.com/post/819036126","repostId":"2162199960","repostType":4,"isVote":1,"tweetType":1,"viewCount":462,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":897152154,"gmtCreate":1628901663078,"gmtModify":1633688677351,"author":{"id":"3560241002253187","authorId":"3560241002253187","name":"CL777","avatar":"https://static.tigerbbs.com/e9aef3dd830373a0427a3447b1b564e3","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3560241002253187","authorIdStr":"3560241002253187"},"themes":[],"htmlText":"Temporary rise.. back to $170 level&nbsp;","listText":"Temporary rise.. back to $170 level&nbsp;","text":"Temporary rise.. back to $170 level","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":10,"commentSize":6,"repostSize":0,"link":"https://laohu8.com/post/897152154","repostId":"2159297195","repostType":4,"isVote":1,"tweetType":1,"viewCount":472,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}