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2021-02-10

HMM

Why did Tesla buy bitcoin?<blockquote>特斯拉为什么要收购比特币？</blockquote>

2021-02-09

not relevant at all

Forget About Cars. Apple Should Launch a Crypto Exchange, Analyst Says.<blockquote>忘了汽车吧。分析师表示，苹果应该推出加密货币交易所。</blockquote>

2021-02-05

Nice!

抱歉，原内容已删除

2021-02-01

Apple :)

Apple Vs Microsoft: Which Is A Better Tech Stock To Buy Right Now?<blockquote>苹果与微软：现在哪个科技股更值得购买？</blockquote>

2021-02-01

nice

GameStop short Melvin Capital lost 53% in January<blockquote>游戏驿站空头Melvin Capital 1月份下跌53%</blockquote>

去老虎APP查看更多动态

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15:33","market":"us","language":"en","title":"Why did Tesla buy bitcoin?<blockquote>特斯拉为什么要收购比特币？</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=2110098829","media":"MarketWatch","summary":"Tesla Inc. has become the latest major corporation to make an investment in bitcoin, underscoring the increasing acceptability of the digital asset.The big question observers are asking is, why is the Elon Musk-run company doing this?Monday, electric-car maker Tesla said in a public filing that it purchased $1.5 billion of bitcoin and that it expects to begin accepting payment in the cryptocurrency for its products in the future.The move by Tesla to invest in bitcoins was seen as further confirm","content":"<p>Tesla Inc. has become the latest major corporation to make an investment in bitcoin, underscoring the increasing acceptability of the digital asset.</p><p><blockquote>特斯拉公司成为最新一家投资比特币的大公司，突显出这种数字资产的接受度越来越高。</blockquote></p><p> The big question observers are asking is, why is the Elon Musk-run company doing this?</p><p><blockquote>观察家们问的一个大问题是，埃隆·马斯克经营的公司为什么要这样做？</blockquote></p><p> Monday, electric-car maker&nbsp;Tesla&nbsp;said in&nbsp;a&nbsp;public filing&nbsp;that it purchased $1.5 billion of bitcoin&nbsp;and that it expects to begin accepting payment in the cryptocurrency for its products in the future.</p><p><blockquote>周一，电动汽车制造商特斯拉在一份公开文件中表示，它购买了15亿美元的比特币，并预计未来将开始接受其产品的加密货币支付。</blockquote></p><p> The move by Tesla to invest in bitcoins was seen as further confirmation of the legitimacy of the nascent asset that didn’t exist until about 12 years ago.</p><p><blockquote>特斯拉投资比特币的举动被视为进一步证实了这种新兴资产的合法性，这种资产直到大约12年前才存在。</blockquote></p><p> However, bitcoin is seen as a volatile asset that is prone to sharp price volatility and Monday’s announcement by Tesla was described by some&nbsp;corporate finance professionals&nbsp;as an unnecessary addition of risk to the vehicle maker’s balance sheet in the form of currency or a commodity, depending on how you classify bitcoin.</p><p><blockquote>然而，比特币被视为一种波动性资产，容易出现价格剧烈波动，一些企业财务专业人士将特斯拉周一的声明描述为以货币或商品形式给汽车制造商的资产负债表增加了不必要的风险，取决于您如何对比特币进行分类。</blockquote></p><p> While it’s not clear, at this point, why Musk &amp; Co. have opted to expose the company to the possible risk of owning bitcoin, here are a few reasons why the revolutionary company may have aligned itself with the crypto crowd.</p><p><blockquote>虽然目前尚不清楚为什么Musk&amp;Co.选择让该公司面临拥有比特币的可能风险，但以下是这家革命性公司可能与加密货币人群结盟的一些原因。</blockquote></p><p> <b>Diversification</b></p><p><blockquote><b>多元化</b></blockquote></p><p> Tesla made it clear in its statement filed with its regulator the Securities and Exchange Commission that it sees bitcoin as a chance to diversify its cash and cash-equivalent holdings.</p><p><blockquote>特斯拉在向其监管机构美国证券交易委员会提交的声明中明确表示，它将比特币视为实现现金和现金等价物持有多元化的机会。</blockquote></p><p> Corporations usually hold excess cash and/or cash-equivalents, like Treasury bills or commercial paper on their books to provide operational liquidity and generate returns while limiting risks.</p><p><blockquote>公司通常持有多余的现金和/或现金等价物，如国库券或商业票据，以提供运营流动性并在限制风险的同时产生回报。</blockquote></p><p> Tesla wrote, “we updated our investment policy to provide us with more flexibility to further diversify and maximize returns on our cash that is not required to maintain adequate operating liquidity.”</p><p><blockquote>特斯拉写道，“我们更新了投资政策，为我们提供了更大的灵活性，以进一步实现现金回报的多元化和最大化，而这并不是维持充足运营流动性所必需的。”</blockquote></p><p> The move isn’t without risk, Tesla acknowledges as the price of bitcoin could slump.</p><p><blockquote>特斯拉承认，此举并非没有风险，因为比特币的价格可能会暴跌。</blockquote></p><p> “If we hold digital assets and their values decrease relative to our purchase prices, our financial condition may be harmed,” the company acknowledges.</p><p><blockquote>该公司承认：“如果我们持有数字资产，其价值相对于我们的购买价格下降，我们的财务状况可能会受到损害。”</blockquote></p><p> But a single bitcoin, which has soared 62% so far this year, could easily be headed for a six-digit value if bullish momentum continues to build, which would make Musk look smart.</p><p><blockquote>但今年迄今已飙升62%的单一比特币，如果看涨势头继续增强，很容易达到六位数的价值，这将使马斯克看起来很聪明。</blockquote></p><p> <b>Publicity stunt?</b></p><p><blockquote><b>宣传噱头？</b></blockquote></p><p> “Thankfully, Elon Musk on Monday once again ensured no one would be bored, with the unexpected announcement that Tesla will buy&nbsp;bitcoin&nbsp;and accept them as payment for vehicles,” writes Craig Erlam, senior market analyst at Oanda, in a Tuesday research note.</p><p><blockquote>Oanda高级市场分析师Craig Erlam在周二的一份研究报告中写道：“值得庆幸的是，Elon Musk周一再次确保没有人会感到无聊，他出人意料地宣布特斯拉将收购比特币并接受它们作为车辆付款。”</blockquote></p><p> The analyst referred to the move as a “publicity stunt,” a move that everbody is talking about, but there are a number of ways to think about it.</p><p><blockquote>这位分析师将此举称为“宣传噱头”，每个人都在谈论这一举措，但有多种思考方式。</blockquote></p><p> <b>Brand management</b></p><p><blockquote><b>品牌管理</b></blockquote></p><p> Bitcoin is associated with a group of iconoclastic founders who were attempting to break the mold on payments and fiat money. That was the idea behind cryptos being written into code back in 2009 by a person or persons known as Satoshi Nakamoto.</p><p><blockquote>比特币与一群打破传统的创始人有联系，他们试图打破支付和法定货币的模式。这就是2009年中本聪(Satoshi Nakamoto)将密码写入代码背后的想法。</blockquote></p><p> Those rebellious notions align somewhat with Musk’s own agenda of disruption. Tesla is making electric-powered vehicles in a world that has thus far been dominated by fossil-fuel driven cars.</p><p><blockquote>这些叛逆的想法在某种程度上符合马斯克自己的颠覆议程。特斯拉正在一个迄今为止由化石燃料驱动的汽车主导的世界中制造电动汽车。</blockquote></p><p> Moreover, Tesla’s direct-to-customer sales model also is viewed as trendsetting, since many companies sell their cars through unaffiliated dealerships.</p><p><blockquote>此外，特斯拉的直接面向客户的销售模式也被视为引领潮流，因为许多公司通过非附属经销商销售汽车。</blockquote></p><p> Bitcoin’s image as a decentralized asset, not controlled by any one body, also fits with Tesla’s image and that of its leader Musk.</p><p><blockquote>比特币作为一个去中心化资产的形象，不受任何一个机构的控制，也符合特斯拉及其领导人马斯克的形象。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/33c354045da9bf1b0b8bbe93d0eb9e43\" tg-width=\"947\" tg-height=\"673\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p> <b>The future of $</b></p><p><blockquote><b>$的未来</b></blockquote></p><p> Tesla’s $1.5 billion investment in bitcoin could also be a simple hedge against the hegemony of the U.S. dollar as the world’s reserve currency since World War Two.</p><p><blockquote>特斯拉在比特币的15亿美元投资也可能是对美元自二战以来作为世界储备货币的霸权的简单对冲。</blockquote></p><p> Bitcoin, or something like it, represents the future of payment systems to many supporters, even if it isn’t currently an effective means of exchange due to its current volatility.</p><p><blockquote>对于许多支持者来说，比特币或类似的东西代表了支付系统的未来，即使由于当前的波动性，它目前还不是一种有效的交换手段。</blockquote></p><p> “Yesterday’s move by Tesla to invest in&nbsp;bitcoin&nbsp;and start accepting it as payment for its own products really moved the needle,” wrote Simon Peters, cryptoasset analyst at multiasset investment platform eToro, in emailed comments.</p><p><blockquote>多资产投资平台eToro的加密资产分析师Simon Peters在电子邮件评论中写道：“特斯拉昨天投资比特币并开始接受其作为自己产品的付款，这确实起到了推动作用。”</blockquote></p><p> The eToro analyst said that there are unconfirmed talks about technology behemoths Apple Inc.&nbsp;and Google-parent Alphabet Inc.,linking it to their own payment systems.</p><p><blockquote>这位eToro分析师表示，有未经证实的传言称科技巨头苹果公司和谷歌母公司Alphabet公司将其与自己的支付系统联系起来。</blockquote></p><p> Musk is viewed as an innovator tied to electric vehicles, batteries and space exploration via SpaceX, but one of his early ventures was in payments.</p><p><blockquote>马斯克被视为通过SpaceX与电动汽车、电池和太空探索相关的创新者，但他早期的投资之一是支付领域。</blockquote></p><p> <b>Writing on the wall</b></p><p><blockquote><b>写在墙上</b></blockquote></p><p> The&nbsp;Wall Street Journal notes&nbsp;that, the Tesla CEO invested most of the $22 million he earned from the sale of an internet business into a new startup, X.com, which became PayPal Holdings&nbsp;about 20 years ago.</p><p><blockquote>《华尔街日报》指出，这位特斯拉首席执行官将出售互联网业务获得的2200万美元中的大部分投资于一家新初创公司X.com，该公司大约20年前成为PayPal控股公司。</blockquote></p><p></p><p> PayPal currently is among the vanguard of bitcoin revolution. PayPal&nbsp;back in November opened up its cryptocurrency platform to all U.S. customers after conducting a more narrow rollout.</p><p><blockquote>PayPal目前是比特币革命的先锋之一。PayPal早在11月就向所有美国客户开放了其加密货币平台，此前该平台进行了较窄的推广。</blockquote></p><p> Moreover, several high-profile Wall Street investors, including Stanley Druckenmiller and Paul Tudor Jones, have embraced bitcoin. Famed investor Bill Miller, founder of Miller Value Partners, in&nbsp;a letter to clients&nbsp;earlier this month&nbsp;published on the firm’s website, reaffirmed his bullish outlook on bitcoin.</p><p><blockquote>此外，包括Stanley Druckenmiller和Paul Tudor Jones在内的几位知名华尔街投资者已经接受了比特币。Miller Value Partners创始人、著名投资者Bill Miller本月早些时候在该公司网站上发表的一封致客户的信中重申了他对比特币的看涨前景。</blockquote></p><p> In other words, Tesla and Musk may be among the biggest to wade into the crypto pool, but a growing cadre of investors are starting to view the volatile digital-ledger-backed cryptos as a bona fide asset.</p><p><blockquote>换句话说，特斯拉和马斯克可能是涉足加密货币领域最大的公司之一，但越来越多的投资者开始将不稳定的数字账本支持的加密货币视为真正的资产。</blockquote></p><p> “Corporate adoption takes another leap forward with Tesla announcement,” writes Devin Ryan, analyst at JMP Securities in a Monday research note.</p><p><blockquote>JMP Securities分析师Devin Ryan在周一的研究报告中写道：“随着特斯拉的宣布，企业采用率又向前迈出了一大步。”</blockquote></p><p> The researcher, along with fellow analyst Brian McKenna, noted they “believe the building ‘network effect’ around bitcoin is moving the broader crypto asset class into the mainstream, and with many hundreds of billions of dollars of value in infrastructure supporting the asset class, we see the already substantial (and growing) vested interest in its success as bullish for the industry.”</p><p><blockquote>该研究人员和分析师同事Brian McKenna指出，他们“相信围绕比特币构建的‘网络效应’正在将更广泛的加密资产类别推向主流，并且价值数千亿美元的基础设施支持该资产类别，我们认为其成功中已经存在的大量（且不断增长的）既得利益对该行业有利。”</blockquote></p><p> On Tuesday, bitcoin touched a record high around $48,000 before pulling back, as the Dow Jones Industrial Average,the S&amp;P 500&nbsp;and the Nasdaq Composite&nbsp;indexes have seen relatively tepid trade on the day.</p><p><blockquote>周二，比特币触及48,000美元左右的历史新高，随后回落，道琼斯工业平均指数、标普500和纳斯达克综合指数当天交易相对不温不火。</blockquote></p><p></p>","source":"market_watch","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 did Tesla buy bitcoin?<blockquote>特斯拉为什么要收购比特币？</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; 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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\">\nWhy did Tesla buy bitcoin?<blockquote>特斯拉为什么要收购比特币？</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">MarketWatch</strong><span class=\"h-time small\">2021-02-10 15:33</span>\n</p>\n</h4>\n</header>\n<article>\n<p>Tesla Inc. has become the latest major corporation to make an investment in bitcoin, underscoring the increasing acceptability of the digital asset.</p><p><blockquote>特斯拉公司成为最新一家投资比特币的大公司，突显出这种数字资产的接受度越来越高。</blockquote></p><p> The big question observers are asking is, why is the Elon Musk-run company doing this?</p><p><blockquote>观察家们问的一个大问题是，埃隆·马斯克经营的公司为什么要这样做？</blockquote></p><p> Monday, electric-car maker&nbsp;Tesla&nbsp;said in&nbsp;a&nbsp;public filing&nbsp;that it purchased $1.5 billion of bitcoin&nbsp;and that it expects to begin accepting payment in the cryptocurrency for its products in the future.</p><p><blockquote>周一，电动汽车制造商特斯拉在一份公开文件中表示，它购买了15亿美元的比特币，并预计未来将开始接受其产品的加密货币支付。</blockquote></p><p> The move by Tesla to invest in bitcoins was seen as further confirmation of the legitimacy of the nascent asset that didn’t exist until about 12 years ago.</p><p><blockquote>特斯拉投资比特币的举动被视为进一步证实了这种新兴资产的合法性，这种资产直到大约12年前才存在。</blockquote></p><p> However, bitcoin is seen as a volatile asset that is prone to sharp price volatility and Monday’s announcement by Tesla was described by some&nbsp;corporate finance professionals&nbsp;as an unnecessary addition of risk to the vehicle maker’s balance sheet in the form of currency or a commodity, depending on how you classify bitcoin.</p><p><blockquote>然而，比特币被视为一种波动性资产，容易出现价格剧烈波动，一些企业财务专业人士将特斯拉周一的声明描述为以货币或商品形式给汽车制造商的资产负债表增加了不必要的风险，取决于您如何对比特币进行分类。</blockquote></p><p> While it’s not clear, at this point, why Musk &amp; Co. have opted to expose the company to the possible risk of owning bitcoin, here are a few reasons why the revolutionary company may have aligned itself with the crypto crowd.</p><p><blockquote>虽然目前尚不清楚为什么Musk&amp;Co.选择让该公司面临拥有比特币的可能风险，但以下是这家革命性公司可能与加密货币人群结盟的一些原因。</blockquote></p><p> <b>Diversification</b></p><p><blockquote><b>多元化</b></blockquote></p><p> Tesla made it clear in its statement filed with its regulator the Securities and Exchange Commission that it sees bitcoin as a chance to diversify its cash and cash-equivalent holdings.</p><p><blockquote>特斯拉在向其监管机构美国证券交易委员会提交的声明中明确表示，它将比特币视为实现现金和现金等价物持有多元化的机会。</blockquote></p><p> Corporations usually hold excess cash and/or cash-equivalents, like Treasury bills or commercial paper on their books to provide operational liquidity and generate returns while limiting risks.</p><p><blockquote>公司通常持有多余的现金和/或现金等价物，如国库券或商业票据，以提供运营流动性并在限制风险的同时产生回报。</blockquote></p><p> Tesla wrote, “we updated our investment policy to provide us with more flexibility to further diversify and maximize returns on our cash that is not required to maintain adequate operating liquidity.”</p><p><blockquote>特斯拉写道，“我们更新了投资政策，为我们提供了更大的灵活性，以进一步实现现金回报的多元化和最大化，而这并不是维持充足运营流动性所必需的。”</blockquote></p><p> The move isn’t without risk, Tesla acknowledges as the price of bitcoin could slump.</p><p><blockquote>特斯拉承认，此举并非没有风险，因为比特币的价格可能会暴跌。</blockquote></p><p> “If we hold digital assets and their values decrease relative to our purchase prices, our financial condition may be harmed,” the company acknowledges.</p><p><blockquote>该公司承认：“如果我们持有数字资产，其价值相对于我们的购买价格下降，我们的财务状况可能会受到损害。”</blockquote></p><p> But a single bitcoin, which has soared 62% so far this year, could easily be headed for a six-digit value if bullish momentum continues to build, which would make Musk look smart.</p><p><blockquote>但今年迄今已飙升62%的单一比特币，如果看涨势头继续增强，很容易达到六位数的价值，这将使马斯克看起来很聪明。</blockquote></p><p> <b>Publicity stunt?</b></p><p><blockquote><b>宣传噱头？</b></blockquote></p><p> “Thankfully, Elon Musk on Monday once again ensured no one would be bored, with the unexpected announcement that Tesla will buy&nbsp;bitcoin&nbsp;and accept them as payment for vehicles,” writes Craig Erlam, senior market analyst at Oanda, in a Tuesday research note.</p><p><blockquote>Oanda高级市场分析师Craig Erlam在周二的一份研究报告中写道：“值得庆幸的是，Elon Musk周一再次确保没有人会感到无聊，他出人意料地宣布特斯拉将收购比特币并接受它们作为车辆付款。”</blockquote></p><p> The analyst referred to the move as a “publicity stunt,” a move that everbody is talking about, but there are a number of ways to think about it.</p><p><blockquote>这位分析师将此举称为“宣传噱头”，每个人都在谈论这一举措，但有多种思考方式。</blockquote></p><p> <b>Brand management</b></p><p><blockquote><b>品牌管理</b></blockquote></p><p> Bitcoin is associated with a group of iconoclastic founders who were attempting to break the mold on payments and fiat money. That was the idea behind cryptos being written into code back in 2009 by a person or persons known as Satoshi Nakamoto.</p><p><blockquote>比特币与一群打破传统的创始人有联系，他们试图打破支付和法定货币的模式。这就是2009年中本聪(Satoshi Nakamoto)将密码写入代码背后的想法。</blockquote></p><p> Those rebellious notions align somewhat with Musk’s own agenda of disruption. Tesla is making electric-powered vehicles in a world that has thus far been dominated by fossil-fuel driven cars.</p><p><blockquote>这些叛逆的想法在某种程度上符合马斯克自己的颠覆议程。特斯拉正在一个迄今为止由化石燃料驱动的汽车主导的世界中制造电动汽车。</blockquote></p><p> Moreover, Tesla’s direct-to-customer sales model also is viewed as trendsetting, since many companies sell their cars through unaffiliated dealerships.</p><p><blockquote>此外，特斯拉的直接面向客户的销售模式也被视为引领潮流，因为许多公司通过非附属经销商销售汽车。</blockquote></p><p> Bitcoin’s image as a decentralized asset, not controlled by any one body, also fits with Tesla’s image and that of its leader Musk.</p><p><blockquote>比特币作为一个去中心化资产的形象，不受任何一个机构的控制，也符合特斯拉及其领导人马斯克的形象。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/33c354045da9bf1b0b8bbe93d0eb9e43\" tg-width=\"947\" tg-height=\"673\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p> <b>The future of $</b></p><p><blockquote><b>$的未来</b></blockquote></p><p> Tesla’s $1.5 billion investment in bitcoin could also be a simple hedge against the hegemony of the U.S. dollar as the world’s reserve currency since World War Two.</p><p><blockquote>特斯拉在比特币的15亿美元投资也可能是对美元自二战以来作为世界储备货币的霸权的简单对冲。</blockquote></p><p> Bitcoin, or something like it, represents the future of payment systems to many supporters, even if it isn’t currently an effective means of exchange due to its current volatility.</p><p><blockquote>对于许多支持者来说，比特币或类似的东西代表了支付系统的未来，即使由于当前的波动性，它目前还不是一种有效的交换手段。</blockquote></p><p> “Yesterday’s move by Tesla to invest in&nbsp;bitcoin&nbsp;and start accepting it as payment for its own products really moved the needle,” wrote Simon Peters, cryptoasset analyst at multiasset investment platform eToro, in emailed comments.</p><p><blockquote>多资产投资平台eToro的加密资产分析师Simon Peters在电子邮件评论中写道：“特斯拉昨天投资比特币并开始接受其作为自己产品的付款，这确实起到了推动作用。”</blockquote></p><p> The eToro analyst said that there are unconfirmed talks about technology behemoths Apple Inc.&nbsp;and Google-parent Alphabet Inc.,linking it to their own payment systems.</p><p><blockquote>这位eToro分析师表示，有未经证实的传言称科技巨头苹果公司和谷歌母公司Alphabet公司将其与自己的支付系统联系起来。</blockquote></p><p> Musk is viewed as an innovator tied to electric vehicles, batteries and space exploration via SpaceX, but one of his early ventures was in payments.</p><p><blockquote>马斯克被视为通过SpaceX与电动汽车、电池和太空探索相关的创新者，但他早期的投资之一是支付领域。</blockquote></p><p> <b>Writing on the wall</b></p><p><blockquote><b>写在墙上</b></blockquote></p><p> The&nbsp;Wall Street Journal notes&nbsp;that, the Tesla CEO invested most of the $22 million he earned from the sale of an internet business into a new startup, X.com, which became PayPal Holdings&nbsp;about 20 years ago.</p><p><blockquote>《华尔街日报》指出，这位特斯拉首席执行官将出售互联网业务获得的2200万美元中的大部分投资于一家新初创公司X.com，该公司大约20年前成为PayPal控股公司。</blockquote></p><p></p><p> PayPal currently is among the vanguard of bitcoin revolution. PayPal&nbsp;back in November opened up its cryptocurrency platform to all U.S. customers after conducting a more narrow rollout.</p><p><blockquote>PayPal目前是比特币革命的先锋之一。PayPal早在11月就向所有美国客户开放了其加密货币平台，此前该平台进行了较窄的推广。</blockquote></p><p> Moreover, several high-profile Wall Street investors, including Stanley Druckenmiller and Paul Tudor Jones, have embraced bitcoin. Famed investor Bill Miller, founder of Miller Value Partners, in&nbsp;a letter to clients&nbsp;earlier this month&nbsp;published on the firm’s website, reaffirmed his bullish outlook on bitcoin.</p><p><blockquote>此外，包括Stanley Druckenmiller和Paul Tudor Jones在内的几位知名华尔街投资者已经接受了比特币。Miller Value Partners创始人、著名投资者Bill Miller本月早些时候在该公司网站上发表的一封致客户的信中重申了他对比特币的看涨前景。</blockquote></p><p> In other words, Tesla and Musk may be among the biggest to wade into the crypto pool, but a growing cadre of investors are starting to view the volatile digital-ledger-backed cryptos as a bona fide asset.</p><p><blockquote>换句话说，特斯拉和马斯克可能是涉足加密货币领域最大的公司之一，但越来越多的投资者开始将不稳定的数字账本支持的加密货币视为真正的资产。</blockquote></p><p> “Corporate adoption takes another leap forward with Tesla announcement,” writes Devin Ryan, analyst at JMP Securities in a Monday research note.</p><p><blockquote>JMP Securities分析师Devin Ryan在周一的研究报告中写道：“随着特斯拉的宣布，企业采用率又向前迈出了一大步。”</blockquote></p><p> The researcher, along with fellow analyst Brian McKenna, noted they “believe the building ‘network effect’ around bitcoin is moving the broader crypto asset class into the mainstream, and with many hundreds of billions of dollars of value in infrastructure supporting the asset class, we see the already substantial (and growing) vested interest in its success as bullish for the industry.”</p><p><blockquote>该研究人员和分析师同事Brian McKenna指出，他们“相信围绕比特币构建的‘网络效应’正在将更广泛的加密资产类别推向主流，并且价值数千亿美元的基础设施支持该资产类别，我们认为其成功中已经存在的大量（且不断增长的）既得利益对该行业有利。”</blockquote></p><p> On Tuesday, bitcoin touched a record high around $48,000 before pulling back, as the Dow Jones Industrial Average,the S&amp;P 500&nbsp;and the Nasdaq Composite&nbsp;indexes have seen relatively tepid trade on the day.</p><p><blockquote>周二，比特币触及48,000美元左右的历史新高，随后回落，道琼斯工业平均指数、标普500和纳斯达克综合指数当天交易相对不温不火。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.marketwatch.com/story/why-did-tesla-buy-bitcoin-11612902220?mod=home-page\">MarketWatch</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GBTC":"比特币ETF-Grayscale","TSLA":"特斯拉"},"source_url":"https://www.marketwatch.com/story/why-did-tesla-buy-bitcoin-11612902220?mod=home-page","is_english":true,"share_image_url":"https://static.laohu8.com/599a65733b8245fcf7868668ef9ad712","article_id":"2110098829","content_text":"Tesla Inc. has become the latest major corporation to make an investment in bitcoin, underscoring the increasing acceptability of the digital asset.\nThe big question observers are asking is, why is the Elon Musk-run company doing this?\nMonday, electric-car maker Tesla said in a public filing that it purchased $1.5 billion of bitcoin and that it expects to begin accepting payment in the cryptocurrency for its products in the future.\nThe move by Tesla to invest in bitcoins was seen as further confirmation of the legitimacy of the nascent asset that didn’t exist until about 12 years ago.\nHowever, bitcoin is seen as a volatile asset that is prone to sharp price volatility and Monday’s announcement by Tesla was described by some corporate finance professionals as an unnecessary addition of risk to the vehicle maker’s balance sheet in the form of currency or a commodity, depending on how you classify bitcoin.\nWhile it’s not clear, at this point, why Musk & Co. have opted to expose the company to the possible risk of owning bitcoin, here are a few reasons why the revolutionary company may have aligned itself with the crypto crowd.\nDiversification\nTesla made it clear in its statement filed with its regulator the Securities and Exchange Commission that it sees bitcoin as a chance to diversify its cash and cash-equivalent holdings.\nCorporations usually hold excess cash and/or cash-equivalents, like Treasury bills or commercial paper on their books to provide operational liquidity and generate returns while limiting risks.\nTesla wrote, “we updated our investment policy to provide us with more flexibility to further diversify and maximize returns on our cash that is not required to maintain adequate operating liquidity.”\nThe move isn’t without risk, Tesla acknowledges as the price of bitcoin could slump.\n“If we hold digital assets and their values decrease relative to our purchase prices, our financial condition may be harmed,” the company acknowledges.\nBut a single bitcoin, which has soared 62% so far this year, could easily be headed for a six-digit value if bullish momentum continues to build, which would make Musk look smart.\nPublicity stunt?\n“Thankfully, Elon Musk on Monday once again ensured no one would be bored, with the unexpected announcement that Tesla will buy bitcoin and accept them as payment for vehicles,” writes Craig Erlam, senior market analyst at Oanda, in a Tuesday research note.\nThe analyst referred to the move as a “publicity stunt,” a move that everbody is talking about, but there are a number of ways to think about it.\nBrand management\nBitcoin is associated with a group of iconoclastic founders who were attempting to break the mold on payments and fiat money. That was the idea behind cryptos being written into code back in 2009 by a person or persons known as Satoshi Nakamoto.\nThose rebellious notions align somewhat with Musk’s own agenda of disruption. Tesla is making electric-powered vehicles in a world that has thus far been dominated by fossil-fuel driven cars.\nMoreover, Tesla’s direct-to-customer sales model also is viewed as trendsetting, since many companies sell their cars through unaffiliated dealerships.\nBitcoin’s image as a decentralized asset, not controlled by any one body, also fits with Tesla’s image and that of its leader Musk.\n\nThe future of $\nTesla’s $1.5 billion investment in bitcoin could also be a simple hedge against the hegemony of the U.S. dollar as the world’s reserve currency since World War Two.\nBitcoin, or something like it, represents the future of payment systems to many supporters, even if it isn’t currently an effective means of exchange due to its current volatility.\n“Yesterday’s move by Tesla to invest in bitcoin and start accepting it as payment for its own products really moved the needle,” wrote Simon Peters, cryptoasset analyst at multiasset investment platform eToro, in emailed comments.\nThe eToro analyst said that there are unconfirmed talks about technology behemoths Apple Inc. and Google-parent Alphabet Inc.,linking it to their own payment systems.\nMusk is viewed as an innovator tied to electric vehicles, batteries and space exploration via SpaceX, but one of his early ventures was in payments.\nWriting on the wall\nThe Wall Street Journal notes that, the Tesla CEO invested most of the $22 million he earned from the sale of an internet business into a new startup, X.com, which became PayPal Holdings about 20 years ago.\nPayPal currently is among the vanguard of bitcoin revolution. PayPal back in November opened up its cryptocurrency platform to all U.S. customers after conducting a more narrow rollout.\nMoreover, several high-profile Wall Street investors, including Stanley Druckenmiller and Paul Tudor Jones, have embraced bitcoin. Famed investor Bill Miller, founder of Miller Value Partners, in a letter to clients earlier this month published on the firm’s website, reaffirmed his bullish outlook on bitcoin.\nIn other words, Tesla and Musk may be among the biggest to wade into the crypto pool, but a growing cadre of investors are starting to view the volatile digital-ledger-backed cryptos as a bona fide asset.\n“Corporate adoption takes another leap forward with Tesla announcement,” writes Devin Ryan, analyst at JMP Securities in a Monday research note.\nThe researcher, along with fellow analyst Brian McKenna, noted they “believe the building ‘network effect’ around bitcoin is moving the broader crypto asset class into the mainstream, and with many hundreds of billions of dollars of value in infrastructure supporting the asset class, we see the already substantial (and growing) vested interest in its success as bullish for the industry.”\nOn Tuesday, bitcoin touched a record high around $48,000 before pulling back, as the Dow Jones Industrial Average,the S&P 500 and the Nasdaq Composite indexes have seen relatively tepid trade on the day.","news_type":1,"symbols_score_info":{"BTCmain":0.9,"TSLA":0.9,"GBTC":0.9,"XBTmain":0.9}},"isVote":1,"tweetType":1,"viewCount":1270,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":383327410,"gmtCreate":1612841392430,"gmtModify":1703765719552,"author":{"id":"3561105062822231","authorId":"3561105062822231","name":"phanghuiying","avatar":"https://static.tigerbbs.com/1e6de359b1f4fa96675ee77832707304","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3561105062822231","authorIdStr":"3561105062822231"},"themes":[],"htmlText":"not relevant at all","listText":"not relevant at all","text":"not relevant at all","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/383327410","repostId":"1190885543","repostType":4,"repost":{"id":"1190885543","kind":"news","pubTimestamp":1612838297,"share":"https://www.laohu8.com/m/news/1190885543?lang=zh_CN&edition=full","pubTime":"2021-02-09 10:38","market":"us","language":"en","title":"Forget About Cars. Apple Should Launch a Crypto Exchange, Analyst Says.<blockquote>忘了汽车吧。分析师表示，苹果应该推出加密货币交易所。</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1190885543","media":"Barrons","summary":"Now here’s an idea. Maybe Apple should get into cryptocurrency-exchange business.That one comes cour","content":"<p>Now here’s an idea. Maybe&nbsp;Apple&nbsp;should get into cryptocurrency-exchange business.</p><p><blockquote>现在有个主意。也许苹果应该进入加密货币交易业务。</blockquote></p><p>That one comes courtesy of RBC Capital analyst Mitch Steves, who picked up coverage of Apple shares on Monday with an Outperform rating, lifting the firm’s target for the share price to $171, from $154. Apple stock&nbsp;was up 0.1% to $136.91.</p><p><blockquote>这是由加拿大皇家银行资本(RBC Capital)分析师米奇·史蒂夫斯(Mitch Steves)提供的，他周一对苹果股票给予了跑赢大盘的评级，将该公司的股价目标从154美元上调至171美元。苹果股价上涨0.1%，至136.91美元。</blockquote></p><p>The hot topic on Apple lately has been speculation that the company is nearing a deal with Hyundai on creating anApple Car(or maybe an iCar, MacCar, or Jobsmobile.) Steves thinks that a car might make sense eventually, but he is more intrigued by the idea that Apple could dip its toe into the cryptocurrency markets.</p><p><blockquote>最近苹果上的热门话题是猜测该公司即将与现代汽车就制造苹果汽车（或者iCar、MacCar或Jobsmobile）达成协议。史蒂夫斯认为汽车最终可能会有意义，但他更感兴趣的是苹果可能涉足加密货币市场的想法。</blockquote></p><p>“When we look at Apple as an ecosystem player we note that the firm has industry-leading software, security and a 1.5B installed base [of hardware devices],” he wrote in a research note.In its recent December-quarter earnings announcement, Apple disclosed that the installed base of iPhones alone is now above 1 billion.</p><p><blockquote>“当我们将苹果视为生态系统参与者时，我们注意到该公司拥有行业领先的软件、安全性和1.5 B的[硬件设备]安装基础，”他在一份研究报告中写道。苹果在最近的12月季度财报中透露，仅iPhone的安装量就超过了10亿部。</blockquote></p><p>Steves agrees that an electric car could be a long-term opportunity, but he cautioned that competing with Tesla is a higher-risk proposition, which is likely to require more than $10 billion in research and development costs. He sees a better opportunity in leveragingApple Wallet, software on every iPhone that is used to manage Apple Pay, airline and event tickets, and other items.</p><p><blockquote>Steves同意电动汽车可能是一个长期机会，但他警告说，与特斯拉竞争是一个风险更高的命题，可能需要超过100亿美元的研发成本。他看到了利用Apple Wallet的更好机会，Apple Wallet是每部iPhone上用于管理苹果支付、机票和活动门票以及其他项目的软件。</blockquote></p><p>Were Apple to enter the crypto-exchange business, Steves said, they would “immediately gain market share and disrupt the industry.” He noted that Square (SQ) generates about $1.6 billion a quarter from Bitcoin-related revenue on an installed base of about 30 million.</p><p><blockquote>史蒂夫斯表示，如果苹果进入加密货币交易业务，他们将“立即获得市场份额并颠覆该行业”。他指出，Square(SQ)每季度从比特币相关收入中产生约16亿美元，安装基数约为3000万。</blockquote></p><p>Apple, he said, has an installed base of more than 1.5 billion. If you assume 200 million users transact, he said, that would be 6.7 times the size of Square. On that basis, he concluded that the opportunity for Apple could be more than $40 billion a year, potentially boosting the top line by about 15%.</p><p><blockquote>他说，苹果的装机容量超过15亿。他说，如果假设有2亿用户进行交易，那么这将是Square规模的6.7倍。在此基础上，他得出结论，苹果每年的机会可能超过400亿美元，有可能将营收提高约15%。</blockquote></p><p>And Steves said the “best part” is that the required R&amp;D cost “would be de minimis,” pointing out that Square’s entire R&amp;D budget is under $1 billion. “Net Net: fundamentals at Apple remain secure with a cash flowing business related to iPhones, peripherals, computers and services,” he wrote. “However, the firm could unlock a multi-billion dollar opportunity with a few clicks while investing into next generation chips as well.”</p><p><blockquote>Steves表示，“最好的部分”是所需的研发成本“将是微乎其微的”，并指出Square的整个研发预算不到10亿美元。他写道：“净净：苹果的基本面仍然稳固，与iPhone、外围设备、电脑和服务相关的现金流业务。”“然而，该公司只需点击几下鼠标就可以释放数十亿美元的机会，同时投资下一代芯片。”</blockquote></p><p>He also says a move by Apple to buy $1 billion of Bitcoin would boost interest in Apple Exchange, or whatever the theoretical cryptocurrency-trading venue would be called. “Where would the price of bitcoin go if Apple purchase the asset?” he wrote. “Likely up.”</p><p><blockquote>他还表示，苹果购买10亿美元比特币的举动将提高人们对苹果交易所或任何理论上的加密货币交易场所的兴趣。“如果苹果购买该资产，比特币的价格会走向何方？”他写道。“可能会涨。”</blockquote></p><p>The note arrived the same day thatTesla announced it has purchased $1.5 billion in Bitcoin, and that it would start accepting the currency for payments. Bitcoin was up 12.8%, to $43,037 on the Tesla news. Imagine what would happen if Apple jumped into the fray.</p><p><blockquote>这张纸条发出的同一天，特斯拉宣布已购买15亿美元的比特币股票，并将开始接受该货币进行支付。受特斯拉消息影响，比特币股价上涨12.8%，至43,037美元。想象一下，如果苹果加入战斗会发生什么。</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>Forget About Cars. Apple Should Launch a Crypto Exchange, Analyst Says.<blockquote>忘了汽车吧。分析师表示，苹果应该推出加密货币交易所。</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nForget About Cars. Apple Should Launch a Crypto Exchange, Analyst Says.<blockquote>忘了汽车吧。分析师表示，苹果应该推出加密货币交易所。</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Barrons</strong><span class=\"h-time small\">2021-02-09 10:38</span>\n</p>\n</h4>\n</header>\n<article>\n<p>Now here’s an idea. Maybe&nbsp;Apple&nbsp;should get into cryptocurrency-exchange business.</p><p><blockquote>现在有个主意。也许苹果应该进入加密货币交易业务。</blockquote></p><p>That one comes courtesy of RBC Capital analyst Mitch Steves, who picked up coverage of Apple shares on Monday with an Outperform rating, lifting the firm’s target for the share price to $171, from $154. Apple stock&nbsp;was up 0.1% to $136.91.</p><p><blockquote>这是由加拿大皇家银行资本(RBC Capital)分析师米奇·史蒂夫斯(Mitch Steves)提供的，他周一对苹果股票给予了跑赢大盘的评级，将该公司的股价目标从154美元上调至171美元。苹果股价上涨0.1%，至136.91美元。</blockquote></p><p>The hot topic on Apple lately has been speculation that the company is nearing a deal with Hyundai on creating anApple Car(or maybe an iCar, MacCar, or Jobsmobile.) Steves thinks that a car might make sense eventually, but he is more intrigued by the idea that Apple could dip its toe into the cryptocurrency markets.</p><p><blockquote>最近苹果上的热门话题是猜测该公司即将与现代汽车就制造苹果汽车（或者iCar、MacCar或Jobsmobile）达成协议。史蒂夫斯认为汽车最终可能会有意义，但他更感兴趣的是苹果可能涉足加密货币市场的想法。</blockquote></p><p>“When we look at Apple as an ecosystem player we note that the firm has industry-leading software, security and a 1.5B installed base [of hardware devices],” he wrote in a research note.In its recent December-quarter earnings announcement, Apple disclosed that the installed base of iPhones alone is now above 1 billion.</p><p><blockquote>“当我们将苹果视为生态系统参与者时，我们注意到该公司拥有行业领先的软件、安全性和1.5 B的[硬件设备]安装基础，”他在一份研究报告中写道。苹果在最近的12月季度财报中透露，仅iPhone的安装量就超过了10亿部。</blockquote></p><p>Steves agrees that an electric car could be a long-term opportunity, but he cautioned that competing with Tesla is a higher-risk proposition, which is likely to require more than $10 billion in research and development costs. He sees a better opportunity in leveragingApple Wallet, software on every iPhone that is used to manage Apple Pay, airline and event tickets, and other items.</p><p><blockquote>Steves同意电动汽车可能是一个长期机会，但他警告说，与特斯拉竞争是一个风险更高的命题，可能需要超过100亿美元的研发成本。他看到了利用Apple Wallet的更好机会，Apple Wallet是每部iPhone上用于管理苹果支付、机票和活动门票以及其他项目的软件。</blockquote></p><p>Were Apple to enter the crypto-exchange business, Steves said, they would “immediately gain market share and disrupt the industry.” He noted that Square (SQ) generates about $1.6 billion a quarter from Bitcoin-related revenue on an installed base of about 30 million.</p><p><blockquote>史蒂夫斯表示，如果苹果进入加密货币交易业务，他们将“立即获得市场份额并颠覆该行业”。他指出，Square(SQ)每季度从比特币相关收入中产生约16亿美元，安装基数约为3000万。</blockquote></p><p>Apple, he said, has an installed base of more than 1.5 billion. If you assume 200 million users transact, he said, that would be 6.7 times the size of Square. On that basis, he concluded that the opportunity for Apple could be more than $40 billion a year, potentially boosting the top line by about 15%.</p><p><blockquote>他说，苹果的装机容量超过15亿。他说，如果假设有2亿用户进行交易，那么这将是Square规模的6.7倍。在此基础上，他得出结论，苹果每年的机会可能超过400亿美元，有可能将营收提高约15%。</blockquote></p><p>And Steves said the “best part” is that the required R&amp;D cost “would be de minimis,” pointing out that Square’s entire R&amp;D budget is under $1 billion. “Net Net: fundamentals at Apple remain secure with a cash flowing business related to iPhones, peripherals, computers and services,” he wrote. “However, the firm could unlock a multi-billion dollar opportunity with a few clicks while investing into next generation chips as well.”</p><p><blockquote>Steves表示，“最好的部分”是所需的研发成本“将是微乎其微的”，并指出Square的整个研发预算不到10亿美元。他写道：“净净：苹果的基本面仍然稳固，与iPhone、外围设备、电脑和服务相关的现金流业务。”“然而，该公司只需点击几下鼠标就可以释放数十亿美元的机会，同时投资下一代芯片。”</blockquote></p><p>He also says a move by Apple to buy $1 billion of Bitcoin would boost interest in Apple Exchange, or whatever the theoretical cryptocurrency-trading venue would be called. “Where would the price of bitcoin go if Apple purchase the asset?” he wrote. “Likely up.”</p><p><blockquote>他还表示，苹果购买10亿美元比特币的举动将提高人们对苹果交易所或任何理论上的加密货币交易场所的兴趣。“如果苹果购买该资产，比特币的价格会走向何方？”他写道。“可能会涨。”</blockquote></p><p>The note arrived the same day thatTesla announced it has purchased $1.5 billion in Bitcoin, and that it would start accepting the currency for payments. Bitcoin was up 12.8%, to $43,037 on the Tesla news. Imagine what would happen if Apple jumped into the fray.</p><p><blockquote>这张纸条发出的同一天，特斯拉宣布已购买15亿美元的比特币股票，并将开始接受该货币进行支付。受特斯拉消息影响，比特币股价上涨12.8%，至43,037美元。想象一下，如果苹果加入战斗会发生什么。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.barrons.com/articles/forget-about-cars-apple-should-launch-a-crypto-exchange-analyst-says-51612814633?mod=hp_DAY_8\">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","GBTC":"比特币ETF-Grayscale"},"source_url":"https://www.barrons.com/articles/forget-about-cars-apple-should-launch-a-crypto-exchange-analyst-says-51612814633?mod=hp_DAY_8","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1190885543","content_text":"Now here’s an idea. Maybe Apple should get into cryptocurrency-exchange business.That one comes courtesy of RBC Capital analyst Mitch Steves, who picked up coverage of Apple shares on Monday with an Outperform rating, lifting the firm’s target for the share price to $171, from $154. Apple stock was up 0.1% to $136.91.The hot topic on Apple lately has been speculation that the company is nearing a deal with Hyundai on creating anApple Car(or maybe an iCar, MacCar, or Jobsmobile.) Steves thinks that a car might make sense eventually, but he is more intrigued by the idea that Apple could dip its toe into the cryptocurrency markets.“When we look at Apple as an ecosystem player we note that the firm has industry-leading software, security and a 1.5B installed base [of hardware devices],” he wrote in a research note.In its recent December-quarter earnings announcement, Apple disclosed that the installed base of iPhones alone is now above 1 billion.Steves agrees that an electric car could be a long-term opportunity, but he cautioned that competing with Tesla is a higher-risk proposition, which is likely to require more than $10 billion in research and development costs. He sees a better opportunity in leveragingApple Wallet, software on every iPhone that is used to manage Apple Pay, airline and event tickets, and other items.Were Apple to enter the crypto-exchange business, Steves said, they would “immediately gain market share and disrupt the industry.” He noted that Square (SQ) generates about $1.6 billion a quarter from Bitcoin-related revenue on an installed base of about 30 million.Apple, he said, has an installed base of more than 1.5 billion. If you assume 200 million users transact, he said, that would be 6.7 times the size of Square. On that basis, he concluded that the opportunity for Apple could be more than $40 billion a year, potentially boosting the top line by about 15%.And Steves said the “best part” is that the required R&D cost “would be de minimis,” pointing out that Square’s entire R&D budget is under $1 billion. “Net Net: fundamentals at Apple remain secure with a cash flowing business related to iPhones, peripherals, computers and services,” he wrote. “However, the firm could unlock a multi-billion dollar opportunity with a few clicks while investing into next generation chips as well.”He also says a move by Apple to buy $1 billion of Bitcoin would boost interest in Apple Exchange, or whatever the theoretical cryptocurrency-trading venue would be called. “Where would the price of bitcoin go if Apple purchase the asset?” he wrote. “Likely up.”The note arrived the same day thatTesla announced it has purchased $1.5 billion in Bitcoin, and that it would start accepting the currency for payments. Bitcoin was up 12.8%, to $43,037 on the Tesla news. Imagine what would happen if Apple jumped into the fray.","news_type":1,"symbols_score_info":{"AAPL":0.9,"XBTmain":0.9,"GBTC":0.9,"BTCmain":0.9}},"isVote":1,"tweetType":1,"viewCount":1883,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":380904463,"gmtCreate":1612499153152,"gmtModify":1703762751989,"author":{"id":"3561105062822231","authorId":"3561105062822231","name":"phanghuiying","avatar":"https://static.tigerbbs.com/1e6de359b1f4fa96675ee77832707304","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3561105062822231","authorIdStr":"3561105062822231"},"themes":[],"htmlText":"Nice!","listText":"Nice!","text":"Nice!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/380904463","repostId":"2108715201","repostType":4,"isVote":1,"tweetType":1,"viewCount":2151,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":312504140,"gmtCreate":1612162818980,"gmtModify":1703758086823,"author":{"id":"3561105062822231","authorId":"3561105062822231","name":"phanghuiying","avatar":"https://static.tigerbbs.com/1e6de359b1f4fa96675ee77832707304","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3561105062822231","authorIdStr":"3561105062822231"},"themes":[],"htmlText":"Apple :)","listText":"Apple :)","text":"Apple :)","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/312504140","repostId":"1152120826","repostType":4,"repost":{"id":"1152120826","kind":"news","pubTimestamp":1611898550,"share":"https://www.laohu8.com/m/news/1152120826?lang=zh_CN&edition=full","pubTime":"2021-01-29 13:35","market":"sg","language":"en","title":"Apple Vs Microsoft: Which Is A Better Tech Stock To Buy Right Now?<blockquote>苹果与微软：现在哪个科技股更值得购买？</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1152120826","media":"Nasdaq","summary":"Could The Big Tech Earnings Supercharge Your Portfolio?This has been a major week forBig Tech Stocks","content":"<p>Could The Big Tech Earnings Supercharge Your Portfolio?</p><p><blockquote>大型科技公司的盈利能否增强您的投资组合？</blockquote></p><p>This has been a major week forBig Tech Stocksreleasing their earnings. Yet, markets took a turn on Wednesday. Major stock indexes suffered their sharpest one-day losses since October. This came amid concerns about COVID-19 vaccine distribution. And at the same time, Wall Street is captivated by insane rallies from GameStop (NYSE: GME) and AMC Entertainment (NYSE: AMC).</p><p><blockquote>对于大型科技股来说，这是发布财报的重要一周。然而，周三市场出现了转机。主要股指遭遇10月以来最大单日跌幅。这是出于对新冠肺炎疫苗分发的担忧。与此同时，华尔街被游戏驿站（纽约证券交易所股票代码：GME）和AMC院线（纽约证券交易所股票代码：AMC）的疯狂反弹所吸引。</blockquote></p><p>Sponsored LinksVolatility means opportunity. Start trading today!IC Markets</p><p><blockquote>赞助链接波动性意味着机会。今天就开始交易！集成电路市场</blockquote></p><p>When irrational market reactions happen, most of us can’t help but get distracted from the main events that are taking place in thestock market. Today, we are not going to talk about the brinkmanship between Wall Street andReddit investors. Rather, we are going to focus on the tech giants who have been competing neck-to-neck for the past 4 decades. Apple (NASDAQ: AAPL) and Microsoft (NASDAQ: MSFT) may not be competing on the same thing today. Still, the rivalry between thesetop tech stockscontinues. Apple remains a leader in the smartphone and wearables. Whereas, Microsoft has successfully transformed itself into a cloud company.</p><p><blockquote>当非理性的市场反应发生时，我们大多数人都会情不自禁地从股市中发生的主要事件中分心。今天，我们不打算谈论华尔街和Reddit投资者之间的边缘政策。相反，我们将关注过去40年来一直并驾齐驱的科技巨头。苹果（纳斯达克股票代码：AAPL）和微软（纳斯达克股票代码：MSFT）今天可能不会在同一件事上竞争。尽管如此，这些顶级科技股之间的竞争仍在继续。苹果仍然是智能手机和可穿戴设备领域的领导者。然而，微软已经成功转型为一家云公司。</blockquote></p><p>Now, Apple and Microsoft are two of the most valuable companies in the world. Choosing between these two giants probably is one difficult task to do. Of course, you don’t have to pick one between the two. But what if you do? Let’s take a look at their recent results.</p><p><blockquote>现在，苹果和微软是世界上最有价值的两家公司。在这两个巨头之间做出选择可能是一项艰巨的任务。当然，你不必在两者之间选择一个。但如果你这么做了呢？让我们来看看他们最近的结果。</blockquote></p><p>Microsoft Hits $40 Billion In Quarterly Sales For First Time</p><p><blockquote>微软季度销售额首次突破400亿美元</blockquote></p><p>Microsoft keeps going from strength to strength. Its latest quarterly report was a blast, to say the least. Revenue accelerated an impressive 17%, an exceptional rate for a company this size. That’s because it’s often assumed that a company will inevitably decelerate in growth as it becomes larger. However, Microsoft has proven that’s not always the case. In fact, it’s worth mentioning that the company’s net income rose by 33% year-over-year to $15.5 billion. If you look at the earnings alone, you would know that Microsoft’s quarter was strong across the board. With that all in mind, MSFT stock does seem like a solid investment.</p><p><blockquote>微软不断壮大。至少可以说，其最新的季度报告令人震惊。收入增长了令人印象深刻的17%，对于这种规模的公司来说，这是一个非凡的速度。这是因为人们通常认为，随着公司规模的扩大，增长将不可避免地放缓。然而，微软已经证明情况并非总是如此。事实上，值得一提的是，该公司净利润同比增长33%，达到155亿美元。如果你只看收益，你就会知道微软的季度整体强劲。考虑到所有这些，MSFT股票似乎确实是一项可靠的投资。</blockquote></p><p>Sure, Microsoft was growing at a healthy rate of 12%-14% for the past few years. Given its gigantic size, investors would love to know if the growth rate is sustainable, or even accelerating this rate. Among them, the highlight would be the revenue for its Intelligent Cloud, which hit $14.6 billion. That represents an increase of 23% from a year ago.</p><p><blockquote>当然，微软在过去几年中以12%-14%的健康速度增长。鉴于其巨大的规模，投资者很想知道增长率是否可持续，甚至是否会加快这一速度。其中，亮点将是其智能云的收入，达到146亿美元。这比一年前增加了23%。</blockquote></p><p>This is likely due to more people working from home, and companies transitioning to the cloud to accommodate remote working. Many are expecting the cloud segment to drive Microsoft’s overall growth rate in the future.</p><p><blockquote>这可能是由于越来越多的人在家工作，以及公司过渡到云以适应远程工作。许多人预计云领域将推动微软未来的整体增长率。</blockquote></p><p></p>","source":"lsy1603171495471","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 Vs Microsoft: Which Is A Better Tech Stock To Buy Right Now?<blockquote>苹果与微软：现在哪个科技股更值得购买？</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 Vs Microsoft: Which Is A Better Tech Stock To Buy Right Now?<blockquote>苹果与微软：现在哪个科技股更值得购买？</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Nasdaq</strong><span class=\"h-time small\">2021-01-29 13:35</span>\n</p>\n</h4>\n</header>\n<article>\n<p>Could The Big Tech Earnings Supercharge Your Portfolio?</p><p><blockquote>大型科技公司的盈利能否增强您的投资组合？</blockquote></p><p>This has been a major week forBig Tech Stocksreleasing their earnings. Yet, markets took a turn on Wednesday. Major stock indexes suffered their sharpest one-day losses since October. This came amid concerns about COVID-19 vaccine distribution. And at the same time, Wall Street is captivated by insane rallies from GameStop (NYSE: GME) and AMC Entertainment (NYSE: AMC).</p><p><blockquote>对于大型科技股来说，这是发布财报的重要一周。然而，周三市场出现了转机。主要股指遭遇10月以来最大单日跌幅。这是出于对新冠肺炎疫苗分发的担忧。与此同时，华尔街被游戏驿站（纽约证券交易所股票代码：GME）和AMC院线（纽约证券交易所股票代码：AMC）的疯狂反弹所吸引。</blockquote></p><p>Sponsored LinksVolatility means opportunity. Start trading today!IC Markets</p><p><blockquote>赞助链接波动性意味着机会。今天就开始交易！集成电路市场</blockquote></p><p>When irrational market reactions happen, most of us can’t help but get distracted from the main events that are taking place in thestock market. Today, we are not going to talk about the brinkmanship between Wall Street andReddit investors. Rather, we are going to focus on the tech giants who have been competing neck-to-neck for the past 4 decades. Apple (NASDAQ: AAPL) and Microsoft (NASDAQ: MSFT) may not be competing on the same thing today. Still, the rivalry between thesetop tech stockscontinues. Apple remains a leader in the smartphone and wearables. Whereas, Microsoft has successfully transformed itself into a cloud company.</p><p><blockquote>当非理性的市场反应发生时，我们大多数人都会情不自禁地从股市中发生的主要事件中分心。今天，我们不打算谈论华尔街和Reddit投资者之间的边缘政策。相反，我们将关注过去40年来一直并驾齐驱的科技巨头。苹果（纳斯达克股票代码：AAPL）和微软（纳斯达克股票代码：MSFT）今天可能不会在同一件事上竞争。尽管如此，这些顶级科技股之间的竞争仍在继续。苹果仍然是智能手机和可穿戴设备领域的领导者。然而，微软已经成功转型为一家云公司。</blockquote></p><p>Now, Apple and Microsoft are two of the most valuable companies in the world. Choosing between these two giants probably is one difficult task to do. Of course, you don’t have to pick one between the two. But what if you do? Let’s take a look at their recent results.</p><p><blockquote>现在，苹果和微软是世界上最有价值的两家公司。在这两个巨头之间做出选择可能是一项艰巨的任务。当然，你不必在两者之间选择一个。但如果你这么做了呢？让我们来看看他们最近的结果。</blockquote></p><p>Microsoft Hits $40 Billion In Quarterly Sales For First Time</p><p><blockquote>微软季度销售额首次突破400亿美元</blockquote></p><p>Microsoft keeps going from strength to strength. Its latest quarterly report was a blast, to say the least. Revenue accelerated an impressive 17%, an exceptional rate for a company this size. That’s because it’s often assumed that a company will inevitably decelerate in growth as it becomes larger. However, Microsoft has proven that’s not always the case. In fact, it’s worth mentioning that the company’s net income rose by 33% year-over-year to $15.5 billion. If you look at the earnings alone, you would know that Microsoft’s quarter was strong across the board. With that all in mind, MSFT stock does seem like a solid investment.</p><p><blockquote>微软不断壮大。至少可以说，其最新的季度报告令人震惊。收入增长了令人印象深刻的17%，对于这种规模的公司来说，这是一个非凡的速度。这是因为人们通常认为，随着公司规模的扩大，增长将不可避免地放缓。然而，微软已经证明情况并非总是如此。事实上，值得一提的是，该公司净利润同比增长33%，达到155亿美元。如果你只看收益，你就会知道微软的季度整体强劲。考虑到所有这些，MSFT股票似乎确实是一项可靠的投资。</blockquote></p><p>Sure, Microsoft was growing at a healthy rate of 12%-14% for the past few years. Given its gigantic size, investors would love to know if the growth rate is sustainable, or even accelerating this rate. Among them, the highlight would be the revenue for its Intelligent Cloud, which hit $14.6 billion. That represents an increase of 23% from a year ago.</p><p><blockquote>当然，微软在过去几年中以12%-14%的健康速度增长。鉴于其巨大的规模，投资者很想知道增长率是否可持续，甚至是否会加快这一速度。其中，亮点将是其智能云的收入，达到146亿美元。这比一年前增加了23%。</blockquote></p><p>This is likely due to more people working from home, and companies transitioning to the cloud to accommodate remote working. Many are expecting the cloud segment to drive Microsoft’s overall growth rate in the future.</p><p><blockquote>这可能是由于越来越多的人在家工作，以及公司过渡到云以适应远程工作。许多人预计云领域将推动微软未来的整体增长率。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.nasdaq.com/articles/apple-aapl-vs-microsoft-msft%3A-which-is-a-better-tech-stock-to-buy-right-now-2021-01-28\">Nasdaq</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":{},"source_url":"https://www.nasdaq.com/articles/apple-aapl-vs-microsoft-msft%3A-which-is-a-better-tech-stock-to-buy-right-now-2021-01-28","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1152120826","content_text":"Could The Big Tech Earnings Supercharge Your Portfolio?This has been a major week forBig Tech Stocksreleasing their earnings. Yet, markets took a turn on Wednesday. Major stock indexes suffered their sharpest one-day losses since October. This came amid concerns about COVID-19 vaccine distribution. And at the same time, Wall Street is captivated by insane rallies from GameStop (NYSE: GME) and AMC Entertainment (NYSE: AMC).Sponsored LinksVolatility means opportunity. Start trading today!IC MarketsWhen irrational market reactions happen, most of us can’t help but get distracted from the main events that are taking place in thestock market. Today, we are not going to talk about the brinkmanship between Wall Street andReddit investors. Rather, we are going to focus on the tech giants who have been competing neck-to-neck for the past 4 decades. Apple (NASDAQ: AAPL) and Microsoft (NASDAQ: MSFT) may not be competing on the same thing today. Still, the rivalry between thesetop tech stockscontinues. Apple remains a leader in the smartphone and wearables. Whereas, Microsoft has successfully transformed itself into a cloud company.Now, Apple and Microsoft are two of the most valuable companies in the world. Choosing between these two giants probably is one difficult task to do. Of course, you don’t have to pick one between the two. But what if you do? Let’s take a look at their recent results.Microsoft Hits $40 Billion In Quarterly Sales For First TimeMicrosoft keeps going from strength to strength. Its latest quarterly report was a blast, to say the least. Revenue accelerated an impressive 17%, an exceptional rate for a company this size. That’s because it’s often assumed that a company will inevitably decelerate in growth as it becomes larger. However, Microsoft has proven that’s not always the case. In fact, it’s worth mentioning that the company’s net income rose by 33% year-over-year to $15.5 billion. If you look at the earnings alone, you would know that Microsoft’s quarter was strong across the board. With that all in mind, MSFT stock does seem like a solid investment.Sure, Microsoft was growing at a healthy rate of 12%-14% for the past few years. Given its gigantic size, investors would love to know if the growth rate is sustainable, or even accelerating this rate. Among them, the highlight would be the revenue for its Intelligent Cloud, which hit $14.6 billion. That represents an increase of 23% from a year ago.This is likely due to more people working from home, and companies transitioning to the cloud to accommodate remote working. Many are expecting the cloud segment to drive Microsoft’s overall growth rate in the future.","news_type":1,"symbols_score_info":{}},"isVote":1,"tweetType":1,"viewCount":1735,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":312502260,"gmtCreate":1612162561650,"gmtModify":1703758084238,"author":{"id":"3561105062822231","authorId":"3561105062822231","name":"phanghuiying","avatar":"https://static.tigerbbs.com/1e6de359b1f4fa96675ee77832707304","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3561105062822231","authorIdStr":"3561105062822231"},"themes":[],"htmlText":"nice&nbsp;","listText":"nice&nbsp;","text":"nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/312502260","repostId":"1127084130","repostType":4,"repost":{"id":"1127084130","kind":"news","pubTimestamp":1612160908,"share":"https://www.laohu8.com/m/news/1127084130?lang=zh_CN&edition=full","pubTime":"2021-02-01 14:28","market":"us","language":"en","title":"GameStop short Melvin Capital lost 53% in January<blockquote>游戏驿站空头Melvin Capital 1月份下跌53%</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1127084130","media":"marketwatch","summary":"Melvin Capital Management, the hedge fund that has borne the brunt of losses from the soaring stock ","content":"<p>Melvin Capital Management, the hedge fund that has borne the brunt of losses from the soaring stock prices of heavily shorted stocks recently, lost 53% in January, according to people familiar with the firm.</p><p><blockquote>据该公司知情人士透露，对冲基金梅尔文资本管理公司(Melvin Capital Management)在最近被严重做空股票的股价飙升中首当其冲地遭受了损失，该公司1月份损失了53%。</blockquote></p><p> Melvin was founded by Gabe Plotkin, a former star portfolio manager for hedge-fund titan Steven A. Cohen. It started the year with about $12.5 billion and now runs more than $8 billion. The current figure includes $2.75 billion in emergency funds Citadel LLC, its partners and Mr. Cohen's Point72 Asset Management injected into the hedge fund last Monday.</p><p><blockquote>Melvin由对冲基金巨头Steven A.Cohen的前明星投资组合经理Gabe Plotkin创立。今年年初，它的收入约为125亿美元，现在已超过80亿美元。目前的数字包括Citadel LLC、其合作伙伴和科恩先生的Point72资产管理公司上周一注入对冲基金的27.5亿美元应急资金。</blockquote></p><p> As part of the deal, they got non-controlling revenue shares in Melvin for three years. So far, Citadel, its partners and Point72 have lost money on the deal, though the precise scope of the loss was unclear Sunday.</p><p><blockquote>作为交易的一部分，他们获得了梅尔文三年的非控制性收入份额。到目前为止，Citadel、其合作伙伴和Point72已经在这笔交易中亏损，尽管周日尚不清楚具体亏损范围。</blockquote></p><p> Melvin has massively de-risked its portfolio, said a client. People familiar with the hedge fund said its leverage ratio -- the value of its assets compared with its capital from investors -- was the lowest it has been since Melvin's 2014 start. They also said the firm's position-level liquidity, or its ability to exit securities in its portfolio easily, had increased significantly.</p><p><blockquote>一位客户表示，梅尔文已经大幅降低了其投资组合的风险。熟悉该对冲基金的人士表示，其杠杆率（其资产价值与来自投资者的资本之比）是自梅尔文2014年成立以来的最低水平。他们还表示，该公司的头寸流动性，即轻松退出投资组合中证券的能力，已显着增加。</blockquote></p><p> New and existing clients have signed up to invest money into Melvin on Feb. 1, according to the people familiar. It was unclear how much they would be adding.</p><p><blockquote>据知情人士透露，新老客户已于2月1日签约向Melvin投资。目前还不清楚他们会增加多少。</blockquote></p><p> Melvin had established itself in recent years as one of the top hedge funds on Wall Street, but a short position in GameStop Corp. hurt the firm in recent weeks. Losses extended beyond GameStop, with declines coming from throughout its portfolio during a period of market turmoil in January. Positions in which Melvin had publicly disclosed owning put options -- bearish contracts that typically profit as stocks fall -- in its last quarterly regulatory filing soared, while positions in companies it held sold off.</p><p><blockquote>近年来，Melvin已成为华尔街顶级对冲基金之一，但最近几周，游戏驿站公司的空头头寸对该公司造成了损害。损失不仅限于游戏驿站，在一月份的市场动荡期间，其整个投资组合都出现了下跌。梅尔文在上一季度的监管文件中公开披露持有看跌期权（通常随着股市下跌而获利的看跌合约）的头寸飙升，而其持有的公司头寸则遭到抛售。</blockquote></p><p> Bed Bath &amp; Beyond Inc., New York-listed Chinese tutoring company GSX Techedu Inc. and National Beverage Corp. were up 78.4%, 62% and 99% at their intraweek highs last week, respectively. Meanwhile, Booking Holdings Inc. and Expedia Group Inc. were down 9.9% and 13.4% at their intraweek lows.</p><p><blockquote>Bed Bath&amp;Beyond Inc.、纽约上市的中文家教公司跟谁学公司和National Beverage Corp.上周分别较周内高点上涨78.4%、62%和99%。与此同时，Booking Holdings Inc.和Expedia Group Inc.分别下跌9.9%和13.4%，跌至周内低点。</blockquote></p><p> Traders say as GameStop continued to soar -- f rom $30 to $75 and higher -- there was a contagion effect. Managers lost confidence short positions would stop rising in value and covered heavily shorted names, worried social media-fueled investors would focus on companies they were short. They also started cutting their stakes in companies to reduce the risk in their portfolios, hurting other investors in those companies. Last week alone, GameStop shares soared more than four times.</p><p><blockquote>交易员表示，随着游戏驿站继续飙升——从30美元飙升至75美元甚至更高——出现了传染效应。经理们对空头头寸的价值将停止上涨失去了信心，并回补了大量做空的股票，担心社交媒体推动的投资者会专注于他们做空的公司。他们还开始减持公司股份，以降低投资组合的风险，从而伤害了这些公司的其他投资者。仅上周，游戏驿站股价就飙升了四倍多。</blockquote></p><p> \"The performance pain...has been record breaking,\" read a note from Morgan Stanley to its trading clients last week.</p><p><blockquote>摩根士丹利上周给其交易客户的一份报告中写道：“业绩痛苦……已经打破了记录。”</blockquote></p><p> Indeed, hedge funds set near-daily records of various sorts last week for how much they pulled back their exposure to the U.S. stock market by covering their shorts and selling out of their wagers on companies, according to client notes from Morgan Stanley and Goldman Sachs Group Inc. On Wednesday, this type of so-called degrossing contributed to the largest one-day drop in funds' use of leverage on record, said a Goldman note.</p><p><blockquote>事实上，根据摩根士丹利和高盛的客户报告，对冲基金上周通过回补空头和抛售对公司的押注来撤回美国股市敞口的程度几乎每天都创下了各种记录。高盛集团周三表示，这种所谓的去毛导致基金杠杆使用出现有记录以来的最大单日降幅。</blockquote></p><p> Maplelane Capital, another hedge fund that has sustained significant losses this month, ended January with a roughly 45% loss, said a person familiar with the fund. It managed about $3.5 billion at the start of the year.</p><p><blockquote>Maplelane Capital是另一家本月遭受重大损失的对冲基金，一位知情人士表示，截至1月份，该基金的损失约为45%。今年年初，它管理着约35亿美元。</blockquote></p><p> The frenetic trading that catapulted GameStop, AMC Entertainment Holdings Inc. and BlackBerry Ltd. into the ranks of the most traded stocks in the U.S. market and captured the attention of the White House and regulators also hit prominent hedge funds Point72 and D1 Capital Partners.</p><p><blockquote>狂热的交易使游戏驿站、AMC院线控股公司和黑莓有限公司跻身美国市场交易量最大的股票行列，并引起了白宫和监管机构的注意，也打击了著名对冲基金Point72和D1 Capital Partners。</blockquote></p><p> D1, which ended the month down about 20%, was short AMC and GameStop, said people familiar with the fund. One of the people said D1 had exited both positions by Wednesday morning but that those were small drivers of losses. A more significant factor was shares of travel-related companies declining.</p><p><blockquote>据该基金知情人士透露，D1本月末下跌约20%，做空AMC和游戏驿站。其中一位知情人士表示，D1已于周三上午退出这两个头寸，但这些只是造成损失的小因素。一个更重要的因素是旅游相关公司的股价下跌。</blockquote></p><p> Some fund managers say the episode is likely to change how the industry works.</p><p><blockquote>一些基金经理表示，这一事件可能会改变该行业的运作方式。</blockquote></p><p> Fewer hedge funds are likely to highlight their bearish positions by disclosing put options, they said. Instead, funds may use Securities and Exchange Commission rules to keep confidential those positions, a tool activist investors have long used to build positions in companies quietly. More funds also may institute rules about avoiding thinly traded, heavily shorted stocks.</p><p><blockquote>他们表示，可能通过披露看跌期权来凸显其看跌头寸的对冲基金越来越少。相反，基金可能会利用美国证券交易委员会的规则对这些头寸保密，这是激进投资者长期以来用来悄悄建立公司头寸的工具。更多的基金也可能制定规则，避免交易清淡、严重做空的股票。</blockquote></p><p></p>","source":"lsy1603348471595","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>GameStop short Melvin Capital lost 53% in January<blockquote>游戏驿站空头Melvin Capital 1月份下跌53%</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\">\nGameStop short Melvin Capital lost 53% in January<blockquote>游戏驿站空头Melvin Capital 1月份下跌53%</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">marketwatch</strong><span class=\"h-time small\">2021-02-01 14:28</span>\n</p>\n</h4>\n</header>\n<article>\n<p>Melvin Capital Management, the hedge fund that has borne the brunt of losses from the soaring stock prices of heavily shorted stocks recently, lost 53% in January, according to people familiar with the firm.</p><p><blockquote>据该公司知情人士透露，对冲基金梅尔文资本管理公司(Melvin Capital Management)在最近被严重做空股票的股价飙升中首当其冲地遭受了损失，该公司1月份损失了53%。</blockquote></p><p> Melvin was founded by Gabe Plotkin, a former star portfolio manager for hedge-fund titan Steven A. Cohen. It started the year with about $12.5 billion and now runs more than $8 billion. The current figure includes $2.75 billion in emergency funds Citadel LLC, its partners and Mr. Cohen's Point72 Asset Management injected into the hedge fund last Monday.</p><p><blockquote>Melvin由对冲基金巨头Steven A.Cohen的前明星投资组合经理Gabe Plotkin创立。今年年初，它的收入约为125亿美元，现在已超过80亿美元。目前的数字包括Citadel LLC、其合作伙伴和科恩先生的Point72资产管理公司上周一注入对冲基金的27.5亿美元应急资金。</blockquote></p><p> As part of the deal, they got non-controlling revenue shares in Melvin for three years. So far, Citadel, its partners and Point72 have lost money on the deal, though the precise scope of the loss was unclear Sunday.</p><p><blockquote>作为交易的一部分，他们获得了梅尔文三年的非控制性收入份额。到目前为止，Citadel、其合作伙伴和Point72已经在这笔交易中亏损，尽管周日尚不清楚具体亏损范围。</blockquote></p><p> Melvin has massively de-risked its portfolio, said a client. People familiar with the hedge fund said its leverage ratio -- the value of its assets compared with its capital from investors -- was the lowest it has been since Melvin's 2014 start. They also said the firm's position-level liquidity, or its ability to exit securities in its portfolio easily, had increased significantly.</p><p><blockquote>一位客户表示，梅尔文已经大幅降低了其投资组合的风险。熟悉该对冲基金的人士表示，其杠杆率（其资产价值与来自投资者的资本之比）是自梅尔文2014年成立以来的最低水平。他们还表示，该公司的头寸流动性，即轻松退出投资组合中证券的能力，已显着增加。</blockquote></p><p> New and existing clients have signed up to invest money into Melvin on Feb. 1, according to the people familiar. It was unclear how much they would be adding.</p><p><blockquote>据知情人士透露，新老客户已于2月1日签约向Melvin投资。目前还不清楚他们会增加多少。</blockquote></p><p> Melvin had established itself in recent years as one of the top hedge funds on Wall Street, but a short position in GameStop Corp. hurt the firm in recent weeks. Losses extended beyond GameStop, with declines coming from throughout its portfolio during a period of market turmoil in January. Positions in which Melvin had publicly disclosed owning put options -- bearish contracts that typically profit as stocks fall -- in its last quarterly regulatory filing soared, while positions in companies it held sold off.</p><p><blockquote>近年来，Melvin已成为华尔街顶级对冲基金之一，但最近几周，游戏驿站公司的空头头寸对该公司造成了损害。损失不仅限于游戏驿站，在一月份的市场动荡期间，其整个投资组合都出现了下跌。梅尔文在上一季度的监管文件中公开披露持有看跌期权（通常随着股市下跌而获利的看跌合约）的头寸飙升，而其持有的公司头寸则遭到抛售。</blockquote></p><p> Bed Bath &amp; Beyond Inc., New York-listed Chinese tutoring company GSX Techedu Inc. and National Beverage Corp. were up 78.4%, 62% and 99% at their intraweek highs last week, respectively. Meanwhile, Booking Holdings Inc. and Expedia Group Inc. were down 9.9% and 13.4% at their intraweek lows.</p><p><blockquote>Bed Bath&amp;Beyond Inc.、纽约上市的中文家教公司跟谁学公司和National Beverage Corp.上周分别较周内高点上涨78.4%、62%和99%。与此同时，Booking Holdings Inc.和Expedia Group Inc.分别下跌9.9%和13.4%，跌至周内低点。</blockquote></p><p> Traders say as GameStop continued to soar -- f rom $30 to $75 and higher -- there was a contagion effect. Managers lost confidence short positions would stop rising in value and covered heavily shorted names, worried social media-fueled investors would focus on companies they were short. They also started cutting their stakes in companies to reduce the risk in their portfolios, hurting other investors in those companies. Last week alone, GameStop shares soared more than four times.</p><p><blockquote>交易员表示，随着游戏驿站继续飙升——从30美元飙升至75美元甚至更高——出现了传染效应。经理们对空头头寸的价值将停止上涨失去了信心，并回补了大量做空的股票，担心社交媒体推动的投资者会专注于他们做空的公司。他们还开始减持公司股份，以降低投资组合的风险，从而伤害了这些公司的其他投资者。仅上周，游戏驿站股价就飙升了四倍多。</blockquote></p><p> \"The performance pain...has been record breaking,\" read a note from Morgan Stanley to its trading clients last week.</p><p><blockquote>摩根士丹利上周给其交易客户的一份报告中写道：“业绩痛苦……已经打破了记录。”</blockquote></p><p> Indeed, hedge funds set near-daily records of various sorts last week for how much they pulled back their exposure to the U.S. stock market by covering their shorts and selling out of their wagers on companies, according to client notes from Morgan Stanley and Goldman Sachs Group Inc. On Wednesday, this type of so-called degrossing contributed to the largest one-day drop in funds' use of leverage on record, said a Goldman note.</p><p><blockquote>事实上，根据摩根士丹利和高盛的客户报告，对冲基金上周通过回补空头和抛售对公司的押注来撤回美国股市敞口的程度几乎每天都创下了各种记录。高盛集团周三表示，这种所谓的去毛导致基金杠杆使用出现有记录以来的最大单日降幅。</blockquote></p><p> Maplelane Capital, another hedge fund that has sustained significant losses this month, ended January with a roughly 45% loss, said a person familiar with the fund. It managed about $3.5 billion at the start of the year.</p><p><blockquote>Maplelane Capital是另一家本月遭受重大损失的对冲基金，一位知情人士表示，截至1月份，该基金的损失约为45%。今年年初，它管理着约35亿美元。</blockquote></p><p> The frenetic trading that catapulted GameStop, AMC Entertainment Holdings Inc. and BlackBerry Ltd. into the ranks of the most traded stocks in the U.S. market and captured the attention of the White House and regulators also hit prominent hedge funds Point72 and D1 Capital Partners.</p><p><blockquote>狂热的交易使游戏驿站、AMC院线控股公司和黑莓有限公司跻身美国市场交易量最大的股票行列，并引起了白宫和监管机构的注意，也打击了著名对冲基金Point72和D1 Capital Partners。</blockquote></p><p> D1, which ended the month down about 20%, was short AMC and GameStop, said people familiar with the fund. One of the people said D1 had exited both positions by Wednesday morning but that those were small drivers of losses. A more significant factor was shares of travel-related companies declining.</p><p><blockquote>据该基金知情人士透露，D1本月末下跌约20%，做空AMC和游戏驿站。其中一位知情人士表示，D1已于周三上午退出这两个头寸，但这些只是造成损失的小因素。一个更重要的因素是旅游相关公司的股价下跌。</blockquote></p><p> Some fund managers say the episode is likely to change how the industry works.</p><p><blockquote>一些基金经理表示，这一事件可能会改变该行业的运作方式。</blockquote></p><p> Fewer hedge funds are likely to highlight their bearish positions by disclosing put options, they said. Instead, funds may use Securities and Exchange Commission rules to keep confidential those positions, a tool activist investors have long used to build positions in companies quietly. More funds also may institute rules about avoiding thinly traded, heavily shorted stocks.</p><p><blockquote>他们表示，可能通过披露看跌期权来凸显其看跌头寸的对冲基金越来越少。相反，基金可能会利用美国证券交易委员会的规则对这些头寸保密，这是激进投资者长期以来用来悄悄建立公司头寸的工具。更多的基金也可能制定规则，避免交易清淡、严重做空的股票。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.marketwatch.com/story/gamestop-short-melvin-capital-lost-53-in-january-2021-01-31?mod=home-page\">marketwatch</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.marketwatch.com/story/gamestop-short-melvin-capital-lost-53-in-january-2021-01-31?mod=home-page","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1127084130","content_text":"Melvin Capital Management, the hedge fund that has borne the brunt of losses from the soaring stock prices of heavily shorted stocks recently, lost 53% in January, according to people familiar with the firm.\nMelvin was founded by Gabe Plotkin, a former star portfolio manager for hedge-fund titan Steven A. Cohen. It started the year with about $12.5 billion and now runs more than $8 billion. The current figure includes $2.75 billion in emergency funds Citadel LLC, its partners and Mr. Cohen's Point72 Asset Management injected into the hedge fund last Monday.\nAs part of the deal, they got non-controlling revenue shares in Melvin for three years. So far, Citadel, its partners and Point72 have lost money on the deal, though the precise scope of the loss was unclear Sunday.\nMelvin has massively de-risked its portfolio, said a client. People familiar with the hedge fund said its leverage ratio -- the value of its assets compared with its capital from investors -- was the lowest it has been since Melvin's 2014 start. They also said the firm's position-level liquidity, or its ability to exit securities in its portfolio easily, had increased significantly.\nNew and existing clients have signed up to invest money into Melvin on Feb. 1, according to the people familiar. It was unclear how much they would be adding.\nMelvin had established itself in recent years as one of the top hedge funds on Wall Street, but a short position in GameStop Corp. hurt the firm in recent weeks. Losses extended beyond GameStop, with declines coming from throughout its portfolio during a period of market turmoil in January. Positions in which Melvin had publicly disclosed owning put options -- bearish contracts that typically profit as stocks fall -- in its last quarterly regulatory filing soared, while positions in companies it held sold off.\nBed Bath & Beyond Inc., New York-listed Chinese tutoring company GSX Techedu Inc. and National Beverage Corp. were up 78.4%, 62% and 99% at their intraweek highs last week, respectively. Meanwhile, Booking Holdings Inc. and Expedia Group Inc. were down 9.9% and 13.4% at their intraweek lows.\nTraders say as GameStop continued to soar -- f rom $30 to $75 and higher -- there was a contagion effect. Managers lost confidence short positions would stop rising in value and covered heavily shorted names, worried social media-fueled investors would focus on companies they were short. They also started cutting their stakes in companies to reduce the risk in their portfolios, hurting other investors in those companies. Last week alone, GameStop shares soared more than four times.\n\"The performance pain...has been record breaking,\" read a note from Morgan Stanley to its trading clients last week.\nIndeed, hedge funds set near-daily records of various sorts last week for how much they pulled back their exposure to the U.S. stock market by covering their shorts and selling out of their wagers on companies, according to client notes from Morgan Stanley and Goldman Sachs Group Inc. On Wednesday, this type of so-called degrossing contributed to the largest one-day drop in funds' use of leverage on record, said a Goldman note.\nMaplelane Capital, another hedge fund that has sustained significant losses this month, ended January with a roughly 45% loss, said a person familiar with the fund. It managed about $3.5 billion at the start of the year.\nThe frenetic trading that catapulted GameStop, AMC Entertainment Holdings Inc. and BlackBerry Ltd. into the ranks of the most traded stocks in the U.S. market and captured the attention of the White House and regulators also hit prominent hedge funds Point72 and D1 Capital Partners.\nD1, which ended the month down about 20%, was short AMC and GameStop, said people familiar with the fund. One of the people said D1 had exited both positions by Wednesday morning but that those were small drivers of losses. A more significant factor was shares of travel-related companies declining.\nSome fund managers say the episode is likely to change how the industry works.\nFewer hedge funds are likely to highlight their bearish positions by disclosing put options, they said. Instead, funds may use Securities and Exchange Commission rules to keep confidential those positions, a tool activist investors have long used to build positions in companies quietly. More funds also may institute rules about avoiding thinly traded, heavily shorted stocks.","news_type":1,"symbols_score_info":{}},"isVote":1,"tweetType":1,"viewCount":1178,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":312504140,"gmtCreate":1612162818980,"gmtModify":1703758086823,"author":{"id":"3561105062822231","authorId":"3561105062822231","name":"phanghuiying","avatar":"https://static.tigerbbs.com/1e6de359b1f4fa96675ee77832707304","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3561105062822231","idStr":"3561105062822231"},"themes":[],"htmlText":"Apple :)","listText":"Apple :)","text":"Apple :)","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/312504140","repostId":"1152120826","repostType":4,"repost":{"id":"1152120826","kind":"news","pubTimestamp":1611898550,"share":"https://www.laohu8.com/m/news/1152120826?lang=zh_CN&edition=full","pubTime":"2021-01-29 13:35","market":"sg","language":"en","title":"Apple Vs Microsoft: Which Is A Better Tech Stock To Buy Right Now?<blockquote>苹果与微软：现在哪个科技股更值得购买？</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1152120826","media":"Nasdaq","summary":"Could The Big Tech Earnings Supercharge Your Portfolio?This has been a major week forBig Tech Stocks","content":"<p>Could The Big Tech Earnings Supercharge Your Portfolio?</p><p><blockquote>大型科技公司的盈利能否增强您的投资组合？</blockquote></p><p>This has been a major week forBig Tech Stocksreleasing their earnings. Yet, markets took a turn on Wednesday. Major stock indexes suffered their sharpest one-day losses since October. This came amid concerns about COVID-19 vaccine distribution. And at the same time, Wall Street is captivated by insane rallies from GameStop (NYSE: GME) and AMC Entertainment (NYSE: AMC).</p><p><blockquote>对于大型科技股来说，这是发布财报的重要一周。然而，周三市场出现了转机。主要股指遭遇10月以来最大单日跌幅。这是出于对新冠肺炎疫苗分发的担忧。与此同时，华尔街被游戏驿站（纽约证券交易所股票代码：GME）和AMC院线（纽约证券交易所股票代码：AMC）的疯狂反弹所吸引。</blockquote></p><p>Sponsored LinksVolatility means opportunity. Start trading today!IC Markets</p><p><blockquote>赞助链接波动性意味着机会。今天就开始交易！集成电路市场</blockquote></p><p>When irrational market reactions happen, most of us can’t help but get distracted from the main events that are taking place in thestock market. Today, we are not going to talk about the brinkmanship between Wall Street andReddit investors. Rather, we are going to focus on the tech giants who have been competing neck-to-neck for the past 4 decades. Apple (NASDAQ: AAPL) and Microsoft (NASDAQ: MSFT) may not be competing on the same thing today. Still, the rivalry between thesetop tech stockscontinues. Apple remains a leader in the smartphone and wearables. Whereas, Microsoft has successfully transformed itself into a cloud company.</p><p><blockquote>当非理性的市场反应发生时，我们大多数人都会情不自禁地从股市中发生的主要事件中分心。今天，我们不打算谈论华尔街和Reddit投资者之间的边缘政策。相反，我们将关注过去40年来一直并驾齐驱的科技巨头。苹果（纳斯达克股票代码：AAPL）和微软（纳斯达克股票代码：MSFT）今天可能不会在同一件事上竞争。尽管如此，这些顶级科技股之间的竞争仍在继续。苹果仍然是智能手机和可穿戴设备领域的领导者。然而，微软已经成功转型为一家云公司。</blockquote></p><p>Now, Apple and Microsoft are two of the most valuable companies in the world. Choosing between these two giants probably is one difficult task to do. Of course, you don’t have to pick one between the two. But what if you do? Let’s take a look at their recent results.</p><p><blockquote>现在，苹果和微软是世界上最有价值的两家公司。在这两个巨头之间做出选择可能是一项艰巨的任务。当然，你不必在两者之间选择一个。但如果你这么做了呢？让我们来看看他们最近的结果。</blockquote></p><p>Microsoft Hits $40 Billion In Quarterly Sales For First Time</p><p><blockquote>微软季度销售额首次突破400亿美元</blockquote></p><p>Microsoft keeps going from strength to strength. Its latest quarterly report was a blast, to say the least. Revenue accelerated an impressive 17%, an exceptional rate for a company this size. That’s because it’s often assumed that a company will inevitably decelerate in growth as it becomes larger. However, Microsoft has proven that’s not always the case. In fact, it’s worth mentioning that the company’s net income rose by 33% year-over-year to $15.5 billion. If you look at the earnings alone, you would know that Microsoft’s quarter was strong across the board. With that all in mind, MSFT stock does seem like a solid investment.</p><p><blockquote>微软不断壮大。至少可以说，其最新的季度报告令人震惊。收入增长了令人印象深刻的17%，对于这种规模的公司来说，这是一个非凡的速度。这是因为人们通常认为，随着公司规模的扩大，增长将不可避免地放缓。然而，微软已经证明情况并非总是如此。事实上，值得一提的是，该公司净利润同比增长33%，达到155亿美元。如果你只看收益，你就会知道微软的季度整体强劲。考虑到所有这些，MSFT股票似乎确实是一项可靠的投资。</blockquote></p><p>Sure, Microsoft was growing at a healthy rate of 12%-14% for the past few years. Given its gigantic size, investors would love to know if the growth rate is sustainable, or even accelerating this rate. Among them, the highlight would be the revenue for its Intelligent Cloud, which hit $14.6 billion. That represents an increase of 23% from a year ago.</p><p><blockquote>当然，微软在过去几年中以12%-14%的健康速度增长。鉴于其巨大的规模，投资者很想知道增长率是否可持续，甚至是否会加快这一速度。其中，亮点将是其智能云的收入，达到146亿美元。这比一年前增加了23%。</blockquote></p><p>This is likely due to more people working from home, and companies transitioning to the cloud to accommodate remote working. Many are expecting the cloud segment to drive Microsoft’s overall growth rate in the future.</p><p><blockquote>这可能是由于越来越多的人在家工作，以及公司过渡到云以适应远程工作。许多人预计云领域将推动微软未来的整体增长率。</blockquote></p><p></p>","source":"lsy1603171495471","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 Vs Microsoft: Which Is A Better Tech Stock To Buy Right Now?<blockquote>苹果与微软：现在哪个科技股更值得购买？</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 Vs Microsoft: Which Is A Better Tech Stock To Buy Right Now?<blockquote>苹果与微软：现在哪个科技股更值得购买？</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Nasdaq</strong><span class=\"h-time small\">2021-01-29 13:35</span>\n</p>\n</h4>\n</header>\n<article>\n<p>Could The Big Tech Earnings Supercharge Your Portfolio?</p><p><blockquote>大型科技公司的盈利能否增强您的投资组合？</blockquote></p><p>This has been a major week forBig Tech Stocksreleasing their earnings. Yet, markets took a turn on Wednesday. Major stock indexes suffered their sharpest one-day losses since October. This came amid concerns about COVID-19 vaccine distribution. And at the same time, Wall Street is captivated by insane rallies from GameStop (NYSE: GME) and AMC Entertainment (NYSE: AMC).</p><p><blockquote>对于大型科技股来说，这是发布财报的重要一周。然而，周三市场出现了转机。主要股指遭遇10月以来最大单日跌幅。这是出于对新冠肺炎疫苗分发的担忧。与此同时，华尔街被游戏驿站（纽约证券交易所股票代码：GME）和AMC院线（纽约证券交易所股票代码：AMC）的疯狂反弹所吸引。</blockquote></p><p>Sponsored LinksVolatility means opportunity. Start trading today!IC Markets</p><p><blockquote>赞助链接波动性意味着机会。今天就开始交易！集成电路市场</blockquote></p><p>When irrational market reactions happen, most of us can’t help but get distracted from the main events that are taking place in thestock market. Today, we are not going to talk about the brinkmanship between Wall Street andReddit investors. Rather, we are going to focus on the tech giants who have been competing neck-to-neck for the past 4 decades. Apple (NASDAQ: AAPL) and Microsoft (NASDAQ: MSFT) may not be competing on the same thing today. Still, the rivalry between thesetop tech stockscontinues. Apple remains a leader in the smartphone and wearables. Whereas, Microsoft has successfully transformed itself into a cloud company.</p><p><blockquote>当非理性的市场反应发生时，我们大多数人都会情不自禁地从股市中发生的主要事件中分心。今天，我们不打算谈论华尔街和Reddit投资者之间的边缘政策。相反，我们将关注过去40年来一直并驾齐驱的科技巨头。苹果（纳斯达克股票代码：AAPL）和微软（纳斯达克股票代码：MSFT）今天可能不会在同一件事上竞争。尽管如此，这些顶级科技股之间的竞争仍在继续。苹果仍然是智能手机和可穿戴设备领域的领导者。然而，微软已经成功转型为一家云公司。</blockquote></p><p>Now, Apple and Microsoft are two of the most valuable companies in the world. Choosing between these two giants probably is one difficult task to do. Of course, you don’t have to pick one between the two. But what if you do? Let’s take a look at their recent results.</p><p><blockquote>现在，苹果和微软是世界上最有价值的两家公司。在这两个巨头之间做出选择可能是一项艰巨的任务。当然，你不必在两者之间选择一个。但如果你这么做了呢？让我们来看看他们最近的结果。</blockquote></p><p>Microsoft Hits $40 Billion In Quarterly Sales For First Time</p><p><blockquote>微软季度销售额首次突破400亿美元</blockquote></p><p>Microsoft keeps going from strength to strength. Its latest quarterly report was a blast, to say the least. Revenue accelerated an impressive 17%, an exceptional rate for a company this size. That’s because it’s often assumed that a company will inevitably decelerate in growth as it becomes larger. However, Microsoft has proven that’s not always the case. In fact, it’s worth mentioning that the company’s net income rose by 33% year-over-year to $15.5 billion. If you look at the earnings alone, you would know that Microsoft’s quarter was strong across the board. With that all in mind, MSFT stock does seem like a solid investment.</p><p><blockquote>微软不断壮大。至少可以说，其最新的季度报告令人震惊。收入增长了令人印象深刻的17%，对于这种规模的公司来说，这是一个非凡的速度。这是因为人们通常认为，随着公司规模的扩大，增长将不可避免地放缓。然而，微软已经证明情况并非总是如此。事实上，值得一提的是，该公司净利润同比增长33%，达到155亿美元。如果你只看收益，你就会知道微软的季度整体强劲。考虑到所有这些，MSFT股票似乎确实是一项可靠的投资。</blockquote></p><p>Sure, Microsoft was growing at a healthy rate of 12%-14% for the past few years. Given its gigantic size, investors would love to know if the growth rate is sustainable, or even accelerating this rate. Among them, the highlight would be the revenue for its Intelligent Cloud, which hit $14.6 billion. That represents an increase of 23% from a year ago.</p><p><blockquote>当然，微软在过去几年中以12%-14%的健康速度增长。鉴于其巨大的规模，投资者很想知道增长率是否可持续，甚至是否会加快这一速度。其中，亮点将是其智能云的收入，达到146亿美元。这比一年前增加了23%。</blockquote></p><p>This is likely due to more people working from home, and companies transitioning to the cloud to accommodate remote working. Many are expecting the cloud segment to drive Microsoft’s overall growth rate in the future.</p><p><blockquote>这可能是由于越来越多的人在家工作，以及公司过渡到云以适应远程工作。许多人预计云领域将推动微软未来的整体增长率。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.nasdaq.com/articles/apple-aapl-vs-microsoft-msft%3A-which-is-a-better-tech-stock-to-buy-right-now-2021-01-28\">Nasdaq</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":{},"source_url":"https://www.nasdaq.com/articles/apple-aapl-vs-microsoft-msft%3A-which-is-a-better-tech-stock-to-buy-right-now-2021-01-28","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1152120826","content_text":"Could The Big Tech Earnings Supercharge Your Portfolio?This has been a major week forBig Tech Stocksreleasing their earnings. Yet, markets took a turn on Wednesday. Major stock indexes suffered their sharpest one-day losses since October. This came amid concerns about COVID-19 vaccine distribution. And at the same time, Wall Street is captivated by insane rallies from GameStop (NYSE: GME) and AMC Entertainment (NYSE: AMC).Sponsored LinksVolatility means opportunity. Start trading today!IC MarketsWhen irrational market reactions happen, most of us can’t help but get distracted from the main events that are taking place in thestock market. Today, we are not going to talk about the brinkmanship between Wall Street andReddit investors. Rather, we are going to focus on the tech giants who have been competing neck-to-neck for the past 4 decades. Apple (NASDAQ: AAPL) and Microsoft (NASDAQ: MSFT) may not be competing on the same thing today. Still, the rivalry between thesetop tech stockscontinues. Apple remains a leader in the smartphone and wearables. Whereas, Microsoft has successfully transformed itself into a cloud company.Now, Apple and Microsoft are two of the most valuable companies in the world. Choosing between these two giants probably is one difficult task to do. Of course, you don’t have to pick one between the two. But what if you do? Let’s take a look at their recent results.Microsoft Hits $40 Billion In Quarterly Sales For First TimeMicrosoft keeps going from strength to strength. Its latest quarterly report was a blast, to say the least. Revenue accelerated an impressive 17%, an exceptional rate for a company this size. That’s because it’s often assumed that a company will inevitably decelerate in growth as it becomes larger. However, Microsoft has proven that’s not always the case. In fact, it’s worth mentioning that the company’s net income rose by 33% year-over-year to $15.5 billion. If you look at the earnings alone, you would know that Microsoft’s quarter was strong across the board. With that all in mind, MSFT stock does seem like a solid investment.Sure, Microsoft was growing at a healthy rate of 12%-14% for the past few years. Given its gigantic size, investors would love to know if the growth rate is sustainable, or even accelerating this rate. Among them, the highlight would be the revenue for its Intelligent Cloud, which hit $14.6 billion. That represents an increase of 23% from a year ago.This is likely due to more people working from home, and companies transitioning to the cloud to accommodate remote working. Many are expecting the cloud segment to drive Microsoft’s overall growth rate in the future.","news_type":1,"symbols_score_info":{}},"isVote":1,"tweetType":1,"viewCount":1735,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":380904463,"gmtCreate":1612499153152,"gmtModify":1703762751989,"author":{"id":"3561105062822231","authorId":"3561105062822231","name":"phanghuiying","avatar":"https://static.tigerbbs.com/1e6de359b1f4fa96675ee77832707304","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3561105062822231","idStr":"3561105062822231"},"themes":[],"htmlText":"Nice!","listText":"Nice!","text":"Nice!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/380904463","repostId":"2108715201","repostType":4,"isVote":1,"tweetType":1,"viewCount":2151,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":381856518,"gmtCreate":1612955488034,"gmtModify":1703767420002,"author":{"id":"3561105062822231","authorId":"3561105062822231","name":"phanghuiying","avatar":"https://static.tigerbbs.com/1e6de359b1f4fa96675ee77832707304","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3561105062822231","idStr":"3561105062822231"},"themes":[],"htmlText":"HMM","listText":"HMM","text":"HMM","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/381856518","repostId":"2110098829","repostType":4,"repost":{"id":"2110098829","kind":"highlight","pubTimestamp":1612942404,"share":"https://www.laohu8.com/m/news/2110098829?lang=zh_CN&edition=full","pubTime":"2021-02-10 15:33","market":"us","language":"en","title":"Why did Tesla buy bitcoin?<blockquote>特斯拉为什么要收购比特币？</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=2110098829","media":"MarketWatch","summary":"Tesla Inc. has become the latest major corporation to make an investment in bitcoin, underscoring the increasing acceptability of the digital asset.The big question observers are asking is, why is the Elon Musk-run company doing this?Monday, electric-car maker Tesla said in a public filing that it purchased $1.5 billion of bitcoin and that it expects to begin accepting payment in the cryptocurrency for its products in the future.The move by Tesla to invest in bitcoins was seen as further confirm","content":"<p>Tesla Inc. has become the latest major corporation to make an investment in bitcoin, underscoring the increasing acceptability of the digital asset.</p><p><blockquote>特斯拉公司成为最新一家投资比特币的大公司，突显出这种数字资产的接受度越来越高。</blockquote></p><p> The big question observers are asking is, why is the Elon Musk-run company doing this?</p><p><blockquote>观察家们问的一个大问题是，埃隆·马斯克经营的公司为什么要这样做？</blockquote></p><p> Monday, electric-car maker&nbsp;Tesla&nbsp;said in&nbsp;a&nbsp;public filing&nbsp;that it purchased $1.5 billion of bitcoin&nbsp;and that it expects to begin accepting payment in the cryptocurrency for its products in the future.</p><p><blockquote>周一，电动汽车制造商特斯拉在一份公开文件中表示，它购买了15亿美元的比特币，并预计未来将开始接受其产品的加密货币支付。</blockquote></p><p> The move by Tesla to invest in bitcoins was seen as further confirmation of the legitimacy of the nascent asset that didn’t exist until about 12 years ago.</p><p><blockquote>特斯拉投资比特币的举动被视为进一步证实了这种新兴资产的合法性，这种资产直到大约12年前才存在。</blockquote></p><p> However, bitcoin is seen as a volatile asset that is prone to sharp price volatility and Monday’s announcement by Tesla was described by some&nbsp;corporate finance professionals&nbsp;as an unnecessary addition of risk to the vehicle maker’s balance sheet in the form of currency or a commodity, depending on how you classify bitcoin.</p><p><blockquote>然而，比特币被视为一种波动性资产，容易出现价格剧烈波动，一些企业财务专业人士将特斯拉周一的声明描述为以货币或商品形式给汽车制造商的资产负债表增加了不必要的风险，取决于您如何对比特币进行分类。</blockquote></p><p> While it’s not clear, at this point, why Musk &amp; Co. have opted to expose the company to the possible risk of owning bitcoin, here are a few reasons why the revolutionary company may have aligned itself with the crypto crowd.</p><p><blockquote>虽然目前尚不清楚为什么Musk&amp;Co.选择让该公司面临拥有比特币的可能风险，但以下是这家革命性公司可能与加密货币人群结盟的一些原因。</blockquote></p><p> <b>Diversification</b></p><p><blockquote><b>多元化</b></blockquote></p><p> Tesla made it clear in its statement filed with its regulator the Securities and Exchange Commission that it sees bitcoin as a chance to diversify its cash and cash-equivalent holdings.</p><p><blockquote>特斯拉在向其监管机构美国证券交易委员会提交的声明中明确表示，它将比特币视为实现现金和现金等价物持有多元化的机会。</blockquote></p><p> Corporations usually hold excess cash and/or cash-equivalents, like Treasury bills or commercial paper on their books to provide operational liquidity and generate returns while limiting risks.</p><p><blockquote>公司通常持有多余的现金和/或现金等价物，如国库券或商业票据，以提供运营流动性并在限制风险的同时产生回报。</blockquote></p><p> Tesla wrote, “we updated our investment policy to provide us with more flexibility to further diversify and maximize returns on our cash that is not required to maintain adequate operating liquidity.”</p><p><blockquote>特斯拉写道，“我们更新了投资政策，为我们提供了更大的灵活性，以进一步实现现金回报的多元化和最大化，而这并不是维持充足运营流动性所必需的。”</blockquote></p><p> The move isn’t without risk, Tesla acknowledges as the price of bitcoin could slump.</p><p><blockquote>特斯拉承认，此举并非没有风险，因为比特币的价格可能会暴跌。</blockquote></p><p> “If we hold digital assets and their values decrease relative to our purchase prices, our financial condition may be harmed,” the company acknowledges.</p><p><blockquote>该公司承认：“如果我们持有数字资产，其价值相对于我们的购买价格下降，我们的财务状况可能会受到损害。”</blockquote></p><p> But a single bitcoin, which has soared 62% so far this year, could easily be headed for a six-digit value if bullish momentum continues to build, which would make Musk look smart.</p><p><blockquote>但今年迄今已飙升62%的单一比特币，如果看涨势头继续增强，很容易达到六位数的价值，这将使马斯克看起来很聪明。</blockquote></p><p> <b>Publicity stunt?</b></p><p><blockquote><b>宣传噱头？</b></blockquote></p><p> “Thankfully, Elon Musk on Monday once again ensured no one would be bored, with the unexpected announcement that Tesla will buy&nbsp;bitcoin&nbsp;and accept them as payment for vehicles,” writes Craig Erlam, senior market analyst at Oanda, in a Tuesday research note.</p><p><blockquote>Oanda高级市场分析师Craig Erlam在周二的一份研究报告中写道：“值得庆幸的是，Elon Musk周一再次确保没有人会感到无聊，他出人意料地宣布特斯拉将收购比特币并接受它们作为车辆付款。”</blockquote></p><p> The analyst referred to the move as a “publicity stunt,” a move that everbody is talking about, but there are a number of ways to think about it.</p><p><blockquote>这位分析师将此举称为“宣传噱头”，每个人都在谈论这一举措，但有多种思考方式。</blockquote></p><p> <b>Brand management</b></p><p><blockquote><b>品牌管理</b></blockquote></p><p> Bitcoin is associated with a group of iconoclastic founders who were attempting to break the mold on payments and fiat money. That was the idea behind cryptos being written into code back in 2009 by a person or persons known as Satoshi Nakamoto.</p><p><blockquote>比特币与一群打破传统的创始人有联系，他们试图打破支付和法定货币的模式。这就是2009年中本聪(Satoshi Nakamoto)将密码写入代码背后的想法。</blockquote></p><p> Those rebellious notions align somewhat with Musk’s own agenda of disruption. Tesla is making electric-powered vehicles in a world that has thus far been dominated by fossil-fuel driven cars.</p><p><blockquote>这些叛逆的想法在某种程度上符合马斯克自己的颠覆议程。特斯拉正在一个迄今为止由化石燃料驱动的汽车主导的世界中制造电动汽车。</blockquote></p><p> Moreover, Tesla’s direct-to-customer sales model also is viewed as trendsetting, since many companies sell their cars through unaffiliated dealerships.</p><p><blockquote>此外，特斯拉的直接面向客户的销售模式也被视为引领潮流，因为许多公司通过非附属经销商销售汽车。</blockquote></p><p> Bitcoin’s image as a decentralized asset, not controlled by any one body, also fits with Tesla’s image and that of its leader Musk.</p><p><blockquote>比特币作为一个去中心化资产的形象，不受任何一个机构的控制，也符合特斯拉及其领导人马斯克的形象。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/33c354045da9bf1b0b8bbe93d0eb9e43\" tg-width=\"947\" tg-height=\"673\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p> <b>The future of $</b></p><p><blockquote><b>$的未来</b></blockquote></p><p> Tesla’s $1.5 billion investment in bitcoin could also be a simple hedge against the hegemony of the U.S. dollar as the world’s reserve currency since World War Two.</p><p><blockquote>特斯拉在比特币的15亿美元投资也可能是对美元自二战以来作为世界储备货币的霸权的简单对冲。</blockquote></p><p> Bitcoin, or something like it, represents the future of payment systems to many supporters, even if it isn’t currently an effective means of exchange due to its current volatility.</p><p><blockquote>对于许多支持者来说，比特币或类似的东西代表了支付系统的未来，即使由于当前的波动性，它目前还不是一种有效的交换手段。</blockquote></p><p> “Yesterday’s move by Tesla to invest in&nbsp;bitcoin&nbsp;and start accepting it as payment for its own products really moved the needle,” wrote Simon Peters, cryptoasset analyst at multiasset investment platform eToro, in emailed comments.</p><p><blockquote>多资产投资平台eToro的加密资产分析师Simon Peters在电子邮件评论中写道：“特斯拉昨天投资比特币并开始接受其作为自己产品的付款，这确实起到了推动作用。”</blockquote></p><p> The eToro analyst said that there are unconfirmed talks about technology behemoths Apple Inc.&nbsp;and Google-parent Alphabet Inc.,linking it to their own payment systems.</p><p><blockquote>这位eToro分析师表示，有未经证实的传言称科技巨头苹果公司和谷歌母公司Alphabet公司将其与自己的支付系统联系起来。</blockquote></p><p> Musk is viewed as an innovator tied to electric vehicles, batteries and space exploration via SpaceX, but one of his early ventures was in payments.</p><p><blockquote>马斯克被视为通过SpaceX与电动汽车、电池和太空探索相关的创新者，但他早期的投资之一是支付领域。</blockquote></p><p> <b>Writing on the wall</b></p><p><blockquote><b>写在墙上</b></blockquote></p><p> The&nbsp;Wall Street Journal notes&nbsp;that, the Tesla CEO invested most of the $22 million he earned from the sale of an internet business into a new startup, X.com, which became PayPal Holdings&nbsp;about 20 years ago.</p><p><blockquote>《华尔街日报》指出，这位特斯拉首席执行官将出售互联网业务获得的2200万美元中的大部分投资于一家新初创公司X.com，该公司大约20年前成为PayPal控股公司。</blockquote></p><p></p><p> PayPal currently is among the vanguard of bitcoin revolution. PayPal&nbsp;back in November opened up its cryptocurrency platform to all U.S. customers after conducting a more narrow rollout.</p><p><blockquote>PayPal目前是比特币革命的先锋之一。PayPal早在11月就向所有美国客户开放了其加密货币平台，此前该平台进行了较窄的推广。</blockquote></p><p> Moreover, several high-profile Wall Street investors, including Stanley Druckenmiller and Paul Tudor Jones, have embraced bitcoin. Famed investor Bill Miller, founder of Miller Value Partners, in&nbsp;a letter to clients&nbsp;earlier this month&nbsp;published on the firm’s website, reaffirmed his bullish outlook on bitcoin.</p><p><blockquote>此外，包括Stanley Druckenmiller和Paul Tudor Jones在内的几位知名华尔街投资者已经接受了比特币。Miller Value Partners创始人、著名投资者Bill Miller本月早些时候在该公司网站上发表的一封致客户的信中重申了他对比特币的看涨前景。</blockquote></p><p> In other words, Tesla and Musk may be among the biggest to wade into the crypto pool, but a growing cadre of investors are starting to view the volatile digital-ledger-backed cryptos as a bona fide asset.</p><p><blockquote>换句话说，特斯拉和马斯克可能是涉足加密货币领域最大的公司之一，但越来越多的投资者开始将不稳定的数字账本支持的加密货币视为真正的资产。</blockquote></p><p> “Corporate adoption takes another leap forward with Tesla announcement,” writes Devin Ryan, analyst at JMP Securities in a Monday research note.</p><p><blockquote>JMP Securities分析师Devin Ryan在周一的研究报告中写道：“随着特斯拉的宣布，企业采用率又向前迈出了一大步。”</blockquote></p><p> The researcher, along with fellow analyst Brian McKenna, noted they “believe the building ‘network effect’ around bitcoin is moving the broader crypto asset class into the mainstream, and with many hundreds of billions of dollars of value in infrastructure supporting the asset class, we see the already substantial (and growing) vested interest in its success as bullish for the industry.”</p><p><blockquote>该研究人员和分析师同事Brian McKenna指出，他们“相信围绕比特币构建的‘网络效应’正在将更广泛的加密资产类别推向主流，并且价值数千亿美元的基础设施支持该资产类别，我们认为其成功中已经存在的大量（且不断增长的）既得利益对该行业有利。”</blockquote></p><p> On Tuesday, bitcoin touched a record high around $48,000 before pulling back, as the Dow Jones Industrial Average,the S&amp;P 500&nbsp;and the Nasdaq Composite&nbsp;indexes have seen relatively tepid trade on the day.</p><p><blockquote>周二，比特币触及48,000美元左右的历史新高，随后回落，道琼斯工业平均指数、标普500和纳斯达克综合指数当天交易相对不温不火。</blockquote></p><p></p>","source":"market_watch","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 did Tesla buy bitcoin?<blockquote>特斯拉为什么要收购比特币？</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; 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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\">\nWhy did Tesla buy bitcoin?<blockquote>特斯拉为什么要收购比特币？</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">MarketWatch</strong><span class=\"h-time small\">2021-02-10 15:33</span>\n</p>\n</h4>\n</header>\n<article>\n<p>Tesla Inc. has become the latest major corporation to make an investment in bitcoin, underscoring the increasing acceptability of the digital asset.</p><p><blockquote>特斯拉公司成为最新一家投资比特币的大公司，突显出这种数字资产的接受度越来越高。</blockquote></p><p> The big question observers are asking is, why is the Elon Musk-run company doing this?</p><p><blockquote>观察家们问的一个大问题是，埃隆·马斯克经营的公司为什么要这样做？</blockquote></p><p> Monday, electric-car maker&nbsp;Tesla&nbsp;said in&nbsp;a&nbsp;public filing&nbsp;that it purchased $1.5 billion of bitcoin&nbsp;and that it expects to begin accepting payment in the cryptocurrency for its products in the future.</p><p><blockquote>周一，电动汽车制造商特斯拉在一份公开文件中表示，它购买了15亿美元的比特币，并预计未来将开始接受其产品的加密货币支付。</blockquote></p><p> The move by Tesla to invest in bitcoins was seen as further confirmation of the legitimacy of the nascent asset that didn’t exist until about 12 years ago.</p><p><blockquote>特斯拉投资比特币的举动被视为进一步证实了这种新兴资产的合法性，这种资产直到大约12年前才存在。</blockquote></p><p> However, bitcoin is seen as a volatile asset that is prone to sharp price volatility and Monday’s announcement by Tesla was described by some&nbsp;corporate finance professionals&nbsp;as an unnecessary addition of risk to the vehicle maker’s balance sheet in the form of currency or a commodity, depending on how you classify bitcoin.</p><p><blockquote>然而，比特币被视为一种波动性资产，容易出现价格剧烈波动，一些企业财务专业人士将特斯拉周一的声明描述为以货币或商品形式给汽车制造商的资产负债表增加了不必要的风险，取决于您如何对比特币进行分类。</blockquote></p><p> While it’s not clear, at this point, why Musk &amp; Co. have opted to expose the company to the possible risk of owning bitcoin, here are a few reasons why the revolutionary company may have aligned itself with the crypto crowd.</p><p><blockquote>虽然目前尚不清楚为什么Musk&amp;Co.选择让该公司面临拥有比特币的可能风险，但以下是这家革命性公司可能与加密货币人群结盟的一些原因。</blockquote></p><p> <b>Diversification</b></p><p><blockquote><b>多元化</b></blockquote></p><p> Tesla made it clear in its statement filed with its regulator the Securities and Exchange Commission that it sees bitcoin as a chance to diversify its cash and cash-equivalent holdings.</p><p><blockquote>特斯拉在向其监管机构美国证券交易委员会提交的声明中明确表示，它将比特币视为实现现金和现金等价物持有多元化的机会。</blockquote></p><p> Corporations usually hold excess cash and/or cash-equivalents, like Treasury bills or commercial paper on their books to provide operational liquidity and generate returns while limiting risks.</p><p><blockquote>公司通常持有多余的现金和/或现金等价物，如国库券或商业票据，以提供运营流动性并在限制风险的同时产生回报。</blockquote></p><p> Tesla wrote, “we updated our investment policy to provide us with more flexibility to further diversify and maximize returns on our cash that is not required to maintain adequate operating liquidity.”</p><p><blockquote>特斯拉写道，“我们更新了投资政策，为我们提供了更大的灵活性，以进一步实现现金回报的多元化和最大化，而这并不是维持充足运营流动性所必需的。”</blockquote></p><p> The move isn’t without risk, Tesla acknowledges as the price of bitcoin could slump.</p><p><blockquote>特斯拉承认，此举并非没有风险，因为比特币的价格可能会暴跌。</blockquote></p><p> “If we hold digital assets and their values decrease relative to our purchase prices, our financial condition may be harmed,” the company acknowledges.</p><p><blockquote>该公司承认：“如果我们持有数字资产，其价值相对于我们的购买价格下降，我们的财务状况可能会受到损害。”</blockquote></p><p> But a single bitcoin, which has soared 62% so far this year, could easily be headed for a six-digit value if bullish momentum continues to build, which would make Musk look smart.</p><p><blockquote>但今年迄今已飙升62%的单一比特币，如果看涨势头继续增强，很容易达到六位数的价值，这将使马斯克看起来很聪明。</blockquote></p><p> <b>Publicity stunt?</b></p><p><blockquote><b>宣传噱头？</b></blockquote></p><p> “Thankfully, Elon Musk on Monday once again ensured no one would be bored, with the unexpected announcement that Tesla will buy&nbsp;bitcoin&nbsp;and accept them as payment for vehicles,” writes Craig Erlam, senior market analyst at Oanda, in a Tuesday research note.</p><p><blockquote>Oanda高级市场分析师Craig Erlam在周二的一份研究报告中写道：“值得庆幸的是，Elon Musk周一再次确保没有人会感到无聊，他出人意料地宣布特斯拉将收购比特币并接受它们作为车辆付款。”</blockquote></p><p> The analyst referred to the move as a “publicity stunt,” a move that everbody is talking about, but there are a number of ways to think about it.</p><p><blockquote>这位分析师将此举称为“宣传噱头”，每个人都在谈论这一举措，但有多种思考方式。</blockquote></p><p> <b>Brand management</b></p><p><blockquote><b>品牌管理</b></blockquote></p><p> Bitcoin is associated with a group of iconoclastic founders who were attempting to break the mold on payments and fiat money. That was the idea behind cryptos being written into code back in 2009 by a person or persons known as Satoshi Nakamoto.</p><p><blockquote>比特币与一群打破传统的创始人有联系，他们试图打破支付和法定货币的模式。这就是2009年中本聪(Satoshi Nakamoto)将密码写入代码背后的想法。</blockquote></p><p> Those rebellious notions align somewhat with Musk’s own agenda of disruption. Tesla is making electric-powered vehicles in a world that has thus far been dominated by fossil-fuel driven cars.</p><p><blockquote>这些叛逆的想法在某种程度上符合马斯克自己的颠覆议程。特斯拉正在一个迄今为止由化石燃料驱动的汽车主导的世界中制造电动汽车。</blockquote></p><p> Moreover, Tesla’s direct-to-customer sales model also is viewed as trendsetting, since many companies sell their cars through unaffiliated dealerships.</p><p><blockquote>此外，特斯拉的直接面向客户的销售模式也被视为引领潮流，因为许多公司通过非附属经销商销售汽车。</blockquote></p><p> Bitcoin’s image as a decentralized asset, not controlled by any one body, also fits with Tesla’s image and that of its leader Musk.</p><p><blockquote>比特币作为一个去中心化资产的形象，不受任何一个机构的控制，也符合特斯拉及其领导人马斯克的形象。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/33c354045da9bf1b0b8bbe93d0eb9e43\" tg-width=\"947\" tg-height=\"673\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p> <b>The future of $</b></p><p><blockquote><b>$的未来</b></blockquote></p><p> Tesla’s $1.5 billion investment in bitcoin could also be a simple hedge against the hegemony of the U.S. dollar as the world’s reserve currency since World War Two.</p><p><blockquote>特斯拉在比特币的15亿美元投资也可能是对美元自二战以来作为世界储备货币的霸权的简单对冲。</blockquote></p><p> Bitcoin, or something like it, represents the future of payment systems to many supporters, even if it isn’t currently an effective means of exchange due to its current volatility.</p><p><blockquote>对于许多支持者来说，比特币或类似的东西代表了支付系统的未来，即使由于当前的波动性，它目前还不是一种有效的交换手段。</blockquote></p><p> “Yesterday’s move by Tesla to invest in&nbsp;bitcoin&nbsp;and start accepting it as payment for its own products really moved the needle,” wrote Simon Peters, cryptoasset analyst at multiasset investment platform eToro, in emailed comments.</p><p><blockquote>多资产投资平台eToro的加密资产分析师Simon Peters在电子邮件评论中写道：“特斯拉昨天投资比特币并开始接受其作为自己产品的付款，这确实起到了推动作用。”</blockquote></p><p> The eToro analyst said that there are unconfirmed talks about technology behemoths Apple Inc.&nbsp;and Google-parent Alphabet Inc.,linking it to their own payment systems.</p><p><blockquote>这位eToro分析师表示，有未经证实的传言称科技巨头苹果公司和谷歌母公司Alphabet公司将其与自己的支付系统联系起来。</blockquote></p><p> Musk is viewed as an innovator tied to electric vehicles, batteries and space exploration via SpaceX, but one of his early ventures was in payments.</p><p><blockquote>马斯克被视为通过SpaceX与电动汽车、电池和太空探索相关的创新者，但他早期的投资之一是支付领域。</blockquote></p><p> <b>Writing on the wall</b></p><p><blockquote><b>写在墙上</b></blockquote></p><p> The&nbsp;Wall Street Journal notes&nbsp;that, the Tesla CEO invested most of the $22 million he earned from the sale of an internet business into a new startup, X.com, which became PayPal Holdings&nbsp;about 20 years ago.</p><p><blockquote>《华尔街日报》指出，这位特斯拉首席执行官将出售互联网业务获得的2200万美元中的大部分投资于一家新初创公司X.com，该公司大约20年前成为PayPal控股公司。</blockquote></p><p></p><p> PayPal currently is among the vanguard of bitcoin revolution. PayPal&nbsp;back in November opened up its cryptocurrency platform to all U.S. customers after conducting a more narrow rollout.</p><p><blockquote>PayPal目前是比特币革命的先锋之一。PayPal早在11月就向所有美国客户开放了其加密货币平台，此前该平台进行了较窄的推广。</blockquote></p><p> Moreover, several high-profile Wall Street investors, including Stanley Druckenmiller and Paul Tudor Jones, have embraced bitcoin. Famed investor Bill Miller, founder of Miller Value Partners, in&nbsp;a letter to clients&nbsp;earlier this month&nbsp;published on the firm’s website, reaffirmed his bullish outlook on bitcoin.</p><p><blockquote>此外，包括Stanley Druckenmiller和Paul Tudor Jones在内的几位知名华尔街投资者已经接受了比特币。Miller Value Partners创始人、著名投资者Bill Miller本月早些时候在该公司网站上发表的一封致客户的信中重申了他对比特币的看涨前景。</blockquote></p><p> In other words, Tesla and Musk may be among the biggest to wade into the crypto pool, but a growing cadre of investors are starting to view the volatile digital-ledger-backed cryptos as a bona fide asset.</p><p><blockquote>换句话说，特斯拉和马斯克可能是涉足加密货币领域最大的公司之一，但越来越多的投资者开始将不稳定的数字账本支持的加密货币视为真正的资产。</blockquote></p><p> “Corporate adoption takes another leap forward with Tesla announcement,” writes Devin Ryan, analyst at JMP Securities in a Monday research note.</p><p><blockquote>JMP Securities分析师Devin Ryan在周一的研究报告中写道：“随着特斯拉的宣布，企业采用率又向前迈出了一大步。”</blockquote></p><p> The researcher, along with fellow analyst Brian McKenna, noted they “believe the building ‘network effect’ around bitcoin is moving the broader crypto asset class into the mainstream, and with many hundreds of billions of dollars of value in infrastructure supporting the asset class, we see the already substantial (and growing) vested interest in its success as bullish for the industry.”</p><p><blockquote>该研究人员和分析师同事Brian McKenna指出，他们“相信围绕比特币构建的‘网络效应’正在将更广泛的加密资产类别推向主流，并且价值数千亿美元的基础设施支持该资产类别，我们认为其成功中已经存在的大量（且不断增长的）既得利益对该行业有利。”</blockquote></p><p> On Tuesday, bitcoin touched a record high around $48,000 before pulling back, as the Dow Jones Industrial Average,the S&amp;P 500&nbsp;and the Nasdaq Composite&nbsp;indexes have seen relatively tepid trade on the day.</p><p><blockquote>周二，比特币触及48,000美元左右的历史新高，随后回落，道琼斯工业平均指数、标普500和纳斯达克综合指数当天交易相对不温不火。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.marketwatch.com/story/why-did-tesla-buy-bitcoin-11612902220?mod=home-page\">MarketWatch</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GBTC":"比特币ETF-Grayscale","TSLA":"特斯拉"},"source_url":"https://www.marketwatch.com/story/why-did-tesla-buy-bitcoin-11612902220?mod=home-page","is_english":true,"share_image_url":"https://static.laohu8.com/599a65733b8245fcf7868668ef9ad712","article_id":"2110098829","content_text":"Tesla Inc. has become the latest major corporation to make an investment in bitcoin, underscoring the increasing acceptability of the digital asset.\nThe big question observers are asking is, why is the Elon Musk-run company doing this?\nMonday, electric-car maker Tesla said in a public filing that it purchased $1.5 billion of bitcoin and that it expects to begin accepting payment in the cryptocurrency for its products in the future.\nThe move by Tesla to invest in bitcoins was seen as further confirmation of the legitimacy of the nascent asset that didn’t exist until about 12 years ago.\nHowever, bitcoin is seen as a volatile asset that is prone to sharp price volatility and Monday’s announcement by Tesla was described by some corporate finance professionals as an unnecessary addition of risk to the vehicle maker’s balance sheet in the form of currency or a commodity, depending on how you classify bitcoin.\nWhile it’s not clear, at this point, why Musk & Co. have opted to expose the company to the possible risk of owning bitcoin, here are a few reasons why the revolutionary company may have aligned itself with the crypto crowd.\nDiversification\nTesla made it clear in its statement filed with its regulator the Securities and Exchange Commission that it sees bitcoin as a chance to diversify its cash and cash-equivalent holdings.\nCorporations usually hold excess cash and/or cash-equivalents, like Treasury bills or commercial paper on their books to provide operational liquidity and generate returns while limiting risks.\nTesla wrote, “we updated our investment policy to provide us with more flexibility to further diversify and maximize returns on our cash that is not required to maintain adequate operating liquidity.”\nThe move isn’t without risk, Tesla acknowledges as the price of bitcoin could slump.\n“If we hold digital assets and their values decrease relative to our purchase prices, our financial condition may be harmed,” the company acknowledges.\nBut a single bitcoin, which has soared 62% so far this year, could easily be headed for a six-digit value if bullish momentum continues to build, which would make Musk look smart.\nPublicity stunt?\n“Thankfully, Elon Musk on Monday once again ensured no one would be bored, with the unexpected announcement that Tesla will buy bitcoin and accept them as payment for vehicles,” writes Craig Erlam, senior market analyst at Oanda, in a Tuesday research note.\nThe analyst referred to the move as a “publicity stunt,” a move that everbody is talking about, but there are a number of ways to think about it.\nBrand management\nBitcoin is associated with a group of iconoclastic founders who were attempting to break the mold on payments and fiat money. That was the idea behind cryptos being written into code back in 2009 by a person or persons known as Satoshi Nakamoto.\nThose rebellious notions align somewhat with Musk’s own agenda of disruption. Tesla is making electric-powered vehicles in a world that has thus far been dominated by fossil-fuel driven cars.\nMoreover, Tesla’s direct-to-customer sales model also is viewed as trendsetting, since many companies sell their cars through unaffiliated dealerships.\nBitcoin’s image as a decentralized asset, not controlled by any one body, also fits with Tesla’s image and that of its leader Musk.\n\nThe future of $\nTesla’s $1.5 billion investment in bitcoin could also be a simple hedge against the hegemony of the U.S. dollar as the world’s reserve currency since World War Two.\nBitcoin, or something like it, represents the future of payment systems to many supporters, even if it isn’t currently an effective means of exchange due to its current volatility.\n“Yesterday’s move by Tesla to invest in bitcoin and start accepting it as payment for its own products really moved the needle,” wrote Simon Peters, cryptoasset analyst at multiasset investment platform eToro, in emailed comments.\nThe eToro analyst said that there are unconfirmed talks about technology behemoths Apple Inc. and Google-parent Alphabet Inc.,linking it to their own payment systems.\nMusk is viewed as an innovator tied to electric vehicles, batteries and space exploration via SpaceX, but one of his early ventures was in payments.\nWriting on the wall\nThe Wall Street Journal notes that, the Tesla CEO invested most of the $22 million he earned from the sale of an internet business into a new startup, X.com, which became PayPal Holdings about 20 years ago.\nPayPal currently is among the vanguard of bitcoin revolution. PayPal back in November opened up its cryptocurrency platform to all U.S. customers after conducting a more narrow rollout.\nMoreover, several high-profile Wall Street investors, including Stanley Druckenmiller and Paul Tudor Jones, have embraced bitcoin. Famed investor Bill Miller, founder of Miller Value Partners, in a letter to clients earlier this month published on the firm’s website, reaffirmed his bullish outlook on bitcoin.\nIn other words, Tesla and Musk may be among the biggest to wade into the crypto pool, but a growing cadre of investors are starting to view the volatile digital-ledger-backed cryptos as a bona fide asset.\n“Corporate adoption takes another leap forward with Tesla announcement,” writes Devin Ryan, analyst at JMP Securities in a Monday research note.\nThe researcher, along with fellow analyst Brian McKenna, noted they “believe the building ‘network effect’ around bitcoin is moving the broader crypto asset class into the mainstream, and with many hundreds of billions of dollars of value in infrastructure supporting the asset class, we see the already substantial (and growing) vested interest in its success as bullish for the industry.”\nOn Tuesday, bitcoin touched a record high around $48,000 before pulling back, as the Dow Jones Industrial Average,the S&P 500 and the Nasdaq Composite indexes have seen relatively tepid trade on the day.","news_type":1,"symbols_score_info":{"BTCmain":0.9,"TSLA":0.9,"GBTC":0.9,"XBTmain":0.9}},"isVote":1,"tweetType":1,"viewCount":1270,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":383327410,"gmtCreate":1612841392430,"gmtModify":1703765719552,"author":{"id":"3561105062822231","authorId":"3561105062822231","name":"phanghuiying","avatar":"https://static.tigerbbs.com/1e6de359b1f4fa96675ee77832707304","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3561105062822231","idStr":"3561105062822231"},"themes":[],"htmlText":"not relevant at all","listText":"not relevant at all","text":"not relevant at all","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/383327410","repostId":"1190885543","repostType":4,"repost":{"id":"1190885543","kind":"news","pubTimestamp":1612838297,"share":"https://www.laohu8.com/m/news/1190885543?lang=zh_CN&edition=full","pubTime":"2021-02-09 10:38","market":"us","language":"en","title":"Forget About Cars. Apple Should Launch a Crypto Exchange, Analyst Says.<blockquote>忘了汽车吧。分析师表示，苹果应该推出加密货币交易所。</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1190885543","media":"Barrons","summary":"Now here’s an idea. Maybe Apple should get into cryptocurrency-exchange business.That one comes cour","content":"<p>Now here’s an idea. Maybe&nbsp;Apple&nbsp;should get into cryptocurrency-exchange business.</p><p><blockquote>现在有个主意。也许苹果应该进入加密货币交易业务。</blockquote></p><p>That one comes courtesy of RBC Capital analyst Mitch Steves, who picked up coverage of Apple shares on Monday with an Outperform rating, lifting the firm’s target for the share price to $171, from $154. Apple stock&nbsp;was up 0.1% to $136.91.</p><p><blockquote>这是由加拿大皇家银行资本(RBC Capital)分析师米奇·史蒂夫斯(Mitch Steves)提供的，他周一对苹果股票给予了跑赢大盘的评级，将该公司的股价目标从154美元上调至171美元。苹果股价上涨0.1%，至136.91美元。</blockquote></p><p>The hot topic on Apple lately has been speculation that the company is nearing a deal with Hyundai on creating anApple Car(or maybe an iCar, MacCar, or Jobsmobile.) Steves thinks that a car might make sense eventually, but he is more intrigued by the idea that Apple could dip its toe into the cryptocurrency markets.</p><p><blockquote>最近苹果上的热门话题是猜测该公司即将与现代汽车就制造苹果汽车（或者iCar、MacCar或Jobsmobile）达成协议。史蒂夫斯认为汽车最终可能会有意义，但他更感兴趣的是苹果可能涉足加密货币市场的想法。</blockquote></p><p>“When we look at Apple as an ecosystem player we note that the firm has industry-leading software, security and a 1.5B installed base [of hardware devices],” he wrote in a research note.In its recent December-quarter earnings announcement, Apple disclosed that the installed base of iPhones alone is now above 1 billion.</p><p><blockquote>“当我们将苹果视为生态系统参与者时，我们注意到该公司拥有行业领先的软件、安全性和1.5 B的[硬件设备]安装基础，”他在一份研究报告中写道。苹果在最近的12月季度财报中透露，仅iPhone的安装量就超过了10亿部。</blockquote></p><p>Steves agrees that an electric car could be a long-term opportunity, but he cautioned that competing with Tesla is a higher-risk proposition, which is likely to require more than $10 billion in research and development costs. He sees a better opportunity in leveragingApple Wallet, software on every iPhone that is used to manage Apple Pay, airline and event tickets, and other items.</p><p><blockquote>Steves同意电动汽车可能是一个长期机会，但他警告说，与特斯拉竞争是一个风险更高的命题，可能需要超过100亿美元的研发成本。他看到了利用Apple Wallet的更好机会，Apple Wallet是每部iPhone上用于管理苹果支付、机票和活动门票以及其他项目的软件。</blockquote></p><p>Were Apple to enter the crypto-exchange business, Steves said, they would “immediately gain market share and disrupt the industry.” He noted that Square (SQ) generates about $1.6 billion a quarter from Bitcoin-related revenue on an installed base of about 30 million.</p><p><blockquote>史蒂夫斯表示，如果苹果进入加密货币交易业务，他们将“立即获得市场份额并颠覆该行业”。他指出，Square(SQ)每季度从比特币相关收入中产生约16亿美元，安装基数约为3000万。</blockquote></p><p>Apple, he said, has an installed base of more than 1.5 billion. If you assume 200 million users transact, he said, that would be 6.7 times the size of Square. On that basis, he concluded that the opportunity for Apple could be more than $40 billion a year, potentially boosting the top line by about 15%.</p><p><blockquote>他说，苹果的装机容量超过15亿。他说，如果假设有2亿用户进行交易，那么这将是Square规模的6.7倍。在此基础上，他得出结论，苹果每年的机会可能超过400亿美元，有可能将营收提高约15%。</blockquote></p><p>And Steves said the “best part” is that the required R&amp;D cost “would be de minimis,” pointing out that Square’s entire R&amp;D budget is under $1 billion. “Net Net: fundamentals at Apple remain secure with a cash flowing business related to iPhones, peripherals, computers and services,” he wrote. “However, the firm could unlock a multi-billion dollar opportunity with a few clicks while investing into next generation chips as well.”</p><p><blockquote>Steves表示，“最好的部分”是所需的研发成本“将是微乎其微的”，并指出Square的整个研发预算不到10亿美元。他写道：“净净：苹果的基本面仍然稳固，与iPhone、外围设备、电脑和服务相关的现金流业务。”“然而，该公司只需点击几下鼠标就可以释放数十亿美元的机会，同时投资下一代芯片。”</blockquote></p><p>He also says a move by Apple to buy $1 billion of Bitcoin would boost interest in Apple Exchange, or whatever the theoretical cryptocurrency-trading venue would be called. “Where would the price of bitcoin go if Apple purchase the asset?” he wrote. “Likely up.”</p><p><blockquote>他还表示，苹果购买10亿美元比特币的举动将提高人们对苹果交易所或任何理论上的加密货币交易场所的兴趣。“如果苹果购买该资产，比特币的价格会走向何方？”他写道。“可能会涨。”</blockquote></p><p>The note arrived the same day thatTesla announced it has purchased $1.5 billion in Bitcoin, and that it would start accepting the currency for payments. Bitcoin was up 12.8%, to $43,037 on the Tesla news. Imagine what would happen if Apple jumped into the fray.</p><p><blockquote>这张纸条发出的同一天，特斯拉宣布已购买15亿美元的比特币股票，并将开始接受该货币进行支付。受特斯拉消息影响，比特币股价上涨12.8%，至43,037美元。想象一下，如果苹果加入战斗会发生什么。</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>Forget About Cars. Apple Should Launch a Crypto Exchange, Analyst Says.<blockquote>忘了汽车吧。分析师表示，苹果应该推出加密货币交易所。</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nForget About Cars. Apple Should Launch a Crypto Exchange, Analyst Says.<blockquote>忘了汽车吧。分析师表示，苹果应该推出加密货币交易所。</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Barrons</strong><span class=\"h-time small\">2021-02-09 10:38</span>\n</p>\n</h4>\n</header>\n<article>\n<p>Now here’s an idea. Maybe&nbsp;Apple&nbsp;should get into cryptocurrency-exchange business.</p><p><blockquote>现在有个主意。也许苹果应该进入加密货币交易业务。</blockquote></p><p>That one comes courtesy of RBC Capital analyst Mitch Steves, who picked up coverage of Apple shares on Monday with an Outperform rating, lifting the firm’s target for the share price to $171, from $154. Apple stock&nbsp;was up 0.1% to $136.91.</p><p><blockquote>这是由加拿大皇家银行资本(RBC Capital)分析师米奇·史蒂夫斯(Mitch Steves)提供的，他周一对苹果股票给予了跑赢大盘的评级，将该公司的股价目标从154美元上调至171美元。苹果股价上涨0.1%，至136.91美元。</blockquote></p><p>The hot topic on Apple lately has been speculation that the company is nearing a deal with Hyundai on creating anApple Car(or maybe an iCar, MacCar, or Jobsmobile.) Steves thinks that a car might make sense eventually, but he is more intrigued by the idea that Apple could dip its toe into the cryptocurrency markets.</p><p><blockquote>最近苹果上的热门话题是猜测该公司即将与现代汽车就制造苹果汽车（或者iCar、MacCar或Jobsmobile）达成协议。史蒂夫斯认为汽车最终可能会有意义，但他更感兴趣的是苹果可能涉足加密货币市场的想法。</blockquote></p><p>“When we look at Apple as an ecosystem player we note that the firm has industry-leading software, security and a 1.5B installed base [of hardware devices],” he wrote in a research note.In its recent December-quarter earnings announcement, Apple disclosed that the installed base of iPhones alone is now above 1 billion.</p><p><blockquote>“当我们将苹果视为生态系统参与者时，我们注意到该公司拥有行业领先的软件、安全性和1.5 B的[硬件设备]安装基础，”他在一份研究报告中写道。苹果在最近的12月季度财报中透露，仅iPhone的安装量就超过了10亿部。</blockquote></p><p>Steves agrees that an electric car could be a long-term opportunity, but he cautioned that competing with Tesla is a higher-risk proposition, which is likely to require more than $10 billion in research and development costs. He sees a better opportunity in leveragingApple Wallet, software on every iPhone that is used to manage Apple Pay, airline and event tickets, and other items.</p><p><blockquote>Steves同意电动汽车可能是一个长期机会，但他警告说，与特斯拉竞争是一个风险更高的命题，可能需要超过100亿美元的研发成本。他看到了利用Apple Wallet的更好机会，Apple Wallet是每部iPhone上用于管理苹果支付、机票和活动门票以及其他项目的软件。</blockquote></p><p>Were Apple to enter the crypto-exchange business, Steves said, they would “immediately gain market share and disrupt the industry.” He noted that Square (SQ) generates about $1.6 billion a quarter from Bitcoin-related revenue on an installed base of about 30 million.</p><p><blockquote>史蒂夫斯表示，如果苹果进入加密货币交易业务，他们将“立即获得市场份额并颠覆该行业”。他指出，Square(SQ)每季度从比特币相关收入中产生约16亿美元，安装基数约为3000万。</blockquote></p><p>Apple, he said, has an installed base of more than 1.5 billion. If you assume 200 million users transact, he said, that would be 6.7 times the size of Square. On that basis, he concluded that the opportunity for Apple could be more than $40 billion a year, potentially boosting the top line by about 15%.</p><p><blockquote>他说，苹果的装机容量超过15亿。他说，如果假设有2亿用户进行交易，那么这将是Square规模的6.7倍。在此基础上，他得出结论，苹果每年的机会可能超过400亿美元，有可能将营收提高约15%。</blockquote></p><p>And Steves said the “best part” is that the required R&amp;D cost “would be de minimis,” pointing out that Square’s entire R&amp;D budget is under $1 billion. “Net Net: fundamentals at Apple remain secure with a cash flowing business related to iPhones, peripherals, computers and services,” he wrote. “However, the firm could unlock a multi-billion dollar opportunity with a few clicks while investing into next generation chips as well.”</p><p><blockquote>Steves表示，“最好的部分”是所需的研发成本“将是微乎其微的”，并指出Square的整个研发预算不到10亿美元。他写道：“净净：苹果的基本面仍然稳固，与iPhone、外围设备、电脑和服务相关的现金流业务。”“然而，该公司只需点击几下鼠标就可以释放数十亿美元的机会，同时投资下一代芯片。”</blockquote></p><p>He also says a move by Apple to buy $1 billion of Bitcoin would boost interest in Apple Exchange, or whatever the theoretical cryptocurrency-trading venue would be called. “Where would the price of bitcoin go if Apple purchase the asset?” he wrote. “Likely up.”</p><p><blockquote>他还表示，苹果购买10亿美元比特币的举动将提高人们对苹果交易所或任何理论上的加密货币交易场所的兴趣。“如果苹果购买该资产，比特币的价格会走向何方？”他写道。“可能会涨。”</blockquote></p><p>The note arrived the same day thatTesla announced it has purchased $1.5 billion in Bitcoin, and that it would start accepting the currency for payments. Bitcoin was up 12.8%, to $43,037 on the Tesla news. Imagine what would happen if Apple jumped into the fray.</p><p><blockquote>这张纸条发出的同一天，特斯拉宣布已购买15亿美元的比特币股票，并将开始接受该货币进行支付。受特斯拉消息影响，比特币股价上涨12.8%，至43,037美元。想象一下，如果苹果加入战斗会发生什么。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.barrons.com/articles/forget-about-cars-apple-should-launch-a-crypto-exchange-analyst-says-51612814633?mod=hp_DAY_8\">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","GBTC":"比特币ETF-Grayscale"},"source_url":"https://www.barrons.com/articles/forget-about-cars-apple-should-launch-a-crypto-exchange-analyst-says-51612814633?mod=hp_DAY_8","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1190885543","content_text":"Now here’s an idea. Maybe Apple should get into cryptocurrency-exchange business.That one comes courtesy of RBC Capital analyst Mitch Steves, who picked up coverage of Apple shares on Monday with an Outperform rating, lifting the firm’s target for the share price to $171, from $154. Apple stock was up 0.1% to $136.91.The hot topic on Apple lately has been speculation that the company is nearing a deal with Hyundai on creating anApple Car(or maybe an iCar, MacCar, or Jobsmobile.) Steves thinks that a car might make sense eventually, but he is more intrigued by the idea that Apple could dip its toe into the cryptocurrency markets.“When we look at Apple as an ecosystem player we note that the firm has industry-leading software, security and a 1.5B installed base [of hardware devices],” he wrote in a research note.In its recent December-quarter earnings announcement, Apple disclosed that the installed base of iPhones alone is now above 1 billion.Steves agrees that an electric car could be a long-term opportunity, but he cautioned that competing with Tesla is a higher-risk proposition, which is likely to require more than $10 billion in research and development costs. He sees a better opportunity in leveragingApple Wallet, software on every iPhone that is used to manage Apple Pay, airline and event tickets, and other items.Were Apple to enter the crypto-exchange business, Steves said, they would “immediately gain market share and disrupt the industry.” He noted that Square (SQ) generates about $1.6 billion a quarter from Bitcoin-related revenue on an installed base of about 30 million.Apple, he said, has an installed base of more than 1.5 billion. If you assume 200 million users transact, he said, that would be 6.7 times the size of Square. On that basis, he concluded that the opportunity for Apple could be more than $40 billion a year, potentially boosting the top line by about 15%.And Steves said the “best part” is that the required R&D cost “would be de minimis,” pointing out that Square’s entire R&D budget is under $1 billion. “Net Net: fundamentals at Apple remain secure with a cash flowing business related to iPhones, peripherals, computers and services,” he wrote. “However, the firm could unlock a multi-billion dollar opportunity with a few clicks while investing into next generation chips as well.”He also says a move by Apple to buy $1 billion of Bitcoin would boost interest in Apple Exchange, or whatever the theoretical cryptocurrency-trading venue would be called. “Where would the price of bitcoin go if Apple purchase the asset?” he wrote. “Likely up.”The note arrived the same day thatTesla announced it has purchased $1.5 billion in Bitcoin, and that it would start accepting the currency for payments. Bitcoin was up 12.8%, to $43,037 on the Tesla news. Imagine what would happen if Apple jumped into the fray.","news_type":1,"symbols_score_info":{"AAPL":0.9,"XBTmain":0.9,"GBTC":0.9,"BTCmain":0.9}},"isVote":1,"tweetType":1,"viewCount":1883,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":312502260,"gmtCreate":1612162561650,"gmtModify":1703758084238,"author":{"id":"3561105062822231","authorId":"3561105062822231","name":"phanghuiying","avatar":"https://static.tigerbbs.com/1e6de359b1f4fa96675ee77832707304","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3561105062822231","idStr":"3561105062822231"},"themes":[],"htmlText":"nice&nbsp;","listText":"nice&nbsp;","text":"nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/312502260","repostId":"1127084130","repostType":4,"repost":{"id":"1127084130","kind":"news","pubTimestamp":1612160908,"share":"https://www.laohu8.com/m/news/1127084130?lang=zh_CN&edition=full","pubTime":"2021-02-01 14:28","market":"us","language":"en","title":"GameStop short Melvin Capital lost 53% in January<blockquote>游戏驿站空头Melvin Capital 1月份下跌53%</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1127084130","media":"marketwatch","summary":"Melvin Capital Management, the hedge fund that has borne the brunt of losses from the soaring stock ","content":"<p>Melvin Capital Management, the hedge fund that has borne the brunt of losses from the soaring stock prices of heavily shorted stocks recently, lost 53% in January, according to people familiar with the firm.</p><p><blockquote>据该公司知情人士透露，对冲基金梅尔文资本管理公司(Melvin Capital Management)在最近被严重做空股票的股价飙升中首当其冲地遭受了损失，该公司1月份损失了53%。</blockquote></p><p> Melvin was founded by Gabe Plotkin, a former star portfolio manager for hedge-fund titan Steven A. Cohen. It started the year with about $12.5 billion and now runs more than $8 billion. The current figure includes $2.75 billion in emergency funds Citadel LLC, its partners and Mr. Cohen's Point72 Asset Management injected into the hedge fund last Monday.</p><p><blockquote>Melvin由对冲基金巨头Steven A.Cohen的前明星投资组合经理Gabe Plotkin创立。今年年初，它的收入约为125亿美元，现在已超过80亿美元。目前的数字包括Citadel LLC、其合作伙伴和科恩先生的Point72资产管理公司上周一注入对冲基金的27.5亿美元应急资金。</blockquote></p><p> As part of the deal, they got non-controlling revenue shares in Melvin for three years. So far, Citadel, its partners and Point72 have lost money on the deal, though the precise scope of the loss was unclear Sunday.</p><p><blockquote>作为交易的一部分，他们获得了梅尔文三年的非控制性收入份额。到目前为止，Citadel、其合作伙伴和Point72已经在这笔交易中亏损，尽管周日尚不清楚具体亏损范围。</blockquote></p><p> Melvin has massively de-risked its portfolio, said a client. People familiar with the hedge fund said its leverage ratio -- the value of its assets compared with its capital from investors -- was the lowest it has been since Melvin's 2014 start. They also said the firm's position-level liquidity, or its ability to exit securities in its portfolio easily, had increased significantly.</p><p><blockquote>一位客户表示，梅尔文已经大幅降低了其投资组合的风险。熟悉该对冲基金的人士表示，其杠杆率（其资产价值与来自投资者的资本之比）是自梅尔文2014年成立以来的最低水平。他们还表示，该公司的头寸流动性，即轻松退出投资组合中证券的能力，已显着增加。</blockquote></p><p> New and existing clients have signed up to invest money into Melvin on Feb. 1, according to the people familiar. It was unclear how much they would be adding.</p><p><blockquote>据知情人士透露，新老客户已于2月1日签约向Melvin投资。目前还不清楚他们会增加多少。</blockquote></p><p> Melvin had established itself in recent years as one of the top hedge funds on Wall Street, but a short position in GameStop Corp. hurt the firm in recent weeks. Losses extended beyond GameStop, with declines coming from throughout its portfolio during a period of market turmoil in January. Positions in which Melvin had publicly disclosed owning put options -- bearish contracts that typically profit as stocks fall -- in its last quarterly regulatory filing soared, while positions in companies it held sold off.</p><p><blockquote>近年来，Melvin已成为华尔街顶级对冲基金之一，但最近几周，游戏驿站公司的空头头寸对该公司造成了损害。损失不仅限于游戏驿站，在一月份的市场动荡期间，其整个投资组合都出现了下跌。梅尔文在上一季度的监管文件中公开披露持有看跌期权（通常随着股市下跌而获利的看跌合约）的头寸飙升，而其持有的公司头寸则遭到抛售。</blockquote></p><p> Bed Bath &amp; Beyond Inc., New York-listed Chinese tutoring company GSX Techedu Inc. and National Beverage Corp. were up 78.4%, 62% and 99% at their intraweek highs last week, respectively. Meanwhile, Booking Holdings Inc. and Expedia Group Inc. were down 9.9% and 13.4% at their intraweek lows.</p><p><blockquote>Bed Bath&amp;Beyond Inc.、纽约上市的中文家教公司跟谁学公司和National Beverage Corp.上周分别较周内高点上涨78.4%、62%和99%。与此同时，Booking Holdings Inc.和Expedia Group Inc.分别下跌9.9%和13.4%，跌至周内低点。</blockquote></p><p> Traders say as GameStop continued to soar -- f rom $30 to $75 and higher -- there was a contagion effect. Managers lost confidence short positions would stop rising in value and covered heavily shorted names, worried social media-fueled investors would focus on companies they were short. They also started cutting their stakes in companies to reduce the risk in their portfolios, hurting other investors in those companies. Last week alone, GameStop shares soared more than four times.</p><p><blockquote>交易员表示，随着游戏驿站继续飙升——从30美元飙升至75美元甚至更高——出现了传染效应。经理们对空头头寸的价值将停止上涨失去了信心，并回补了大量做空的股票，担心社交媒体推动的投资者会专注于他们做空的公司。他们还开始减持公司股份，以降低投资组合的风险，从而伤害了这些公司的其他投资者。仅上周，游戏驿站股价就飙升了四倍多。</blockquote></p><p> \"The performance pain...has been record breaking,\" read a note from Morgan Stanley to its trading clients last week.</p><p><blockquote>摩根士丹利上周给其交易客户的一份报告中写道：“业绩痛苦……已经打破了记录。”</blockquote></p><p> Indeed, hedge funds set near-daily records of various sorts last week for how much they pulled back their exposure to the U.S. stock market by covering their shorts and selling out of their wagers on companies, according to client notes from Morgan Stanley and Goldman Sachs Group Inc. On Wednesday, this type of so-called degrossing contributed to the largest one-day drop in funds' use of leverage on record, said a Goldman note.</p><p><blockquote>事实上，根据摩根士丹利和高盛的客户报告，对冲基金上周通过回补空头和抛售对公司的押注来撤回美国股市敞口的程度几乎每天都创下了各种记录。高盛集团周三表示，这种所谓的去毛导致基金杠杆使用出现有记录以来的最大单日降幅。</blockquote></p><p> Maplelane Capital, another hedge fund that has sustained significant losses this month, ended January with a roughly 45% loss, said a person familiar with the fund. It managed about $3.5 billion at the start of the year.</p><p><blockquote>Maplelane Capital是另一家本月遭受重大损失的对冲基金，一位知情人士表示，截至1月份，该基金的损失约为45%。今年年初，它管理着约35亿美元。</blockquote></p><p> The frenetic trading that catapulted GameStop, AMC Entertainment Holdings Inc. and BlackBerry Ltd. into the ranks of the most traded stocks in the U.S. market and captured the attention of the White House and regulators also hit prominent hedge funds Point72 and D1 Capital Partners.</p><p><blockquote>狂热的交易使游戏驿站、AMC院线控股公司和黑莓有限公司跻身美国市场交易量最大的股票行列，并引起了白宫和监管机构的注意，也打击了著名对冲基金Point72和D1 Capital Partners。</blockquote></p><p> D1, which ended the month down about 20%, was short AMC and GameStop, said people familiar with the fund. One of the people said D1 had exited both positions by Wednesday morning but that those were small drivers of losses. A more significant factor was shares of travel-related companies declining.</p><p><blockquote>据该基金知情人士透露，D1本月末下跌约20%，做空AMC和游戏驿站。其中一位知情人士表示，D1已于周三上午退出这两个头寸，但这些只是造成损失的小因素。一个更重要的因素是旅游相关公司的股价下跌。</blockquote></p><p> Some fund managers say the episode is likely to change how the industry works.</p><p><blockquote>一些基金经理表示，这一事件可能会改变该行业的运作方式。</blockquote></p><p> Fewer hedge funds are likely to highlight their bearish positions by disclosing put options, they said. Instead, funds may use Securities and Exchange Commission rules to keep confidential those positions, a tool activist investors have long used to build positions in companies quietly. More funds also may institute rules about avoiding thinly traded, heavily shorted stocks.</p><p><blockquote>他们表示，可能通过披露看跌期权来凸显其看跌头寸的对冲基金越来越少。相反，基金可能会利用美国证券交易委员会的规则对这些头寸保密，这是激进投资者长期以来用来悄悄建立公司头寸的工具。更多的基金也可能制定规则，避免交易清淡、严重做空的股票。</blockquote></p><p></p>","source":"lsy1603348471595","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>GameStop short Melvin Capital lost 53% in January<blockquote>游戏驿站空头Melvin Capital 1月份下跌53%</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\">\nGameStop short Melvin Capital lost 53% in January<blockquote>游戏驿站空头Melvin Capital 1月份下跌53%</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">marketwatch</strong><span class=\"h-time small\">2021-02-01 14:28</span>\n</p>\n</h4>\n</header>\n<article>\n<p>Melvin Capital Management, the hedge fund that has borne the brunt of losses from the soaring stock prices of heavily shorted stocks recently, lost 53% in January, according to people familiar with the firm.</p><p><blockquote>据该公司知情人士透露，对冲基金梅尔文资本管理公司(Melvin Capital Management)在最近被严重做空股票的股价飙升中首当其冲地遭受了损失，该公司1月份损失了53%。</blockquote></p><p> Melvin was founded by Gabe Plotkin, a former star portfolio manager for hedge-fund titan Steven A. Cohen. It started the year with about $12.5 billion and now runs more than $8 billion. The current figure includes $2.75 billion in emergency funds Citadel LLC, its partners and Mr. Cohen's Point72 Asset Management injected into the hedge fund last Monday.</p><p><blockquote>Melvin由对冲基金巨头Steven A.Cohen的前明星投资组合经理Gabe Plotkin创立。今年年初，它的收入约为125亿美元，现在已超过80亿美元。目前的数字包括Citadel LLC、其合作伙伴和科恩先生的Point72资产管理公司上周一注入对冲基金的27.5亿美元应急资金。</blockquote></p><p> As part of the deal, they got non-controlling revenue shares in Melvin for three years. So far, Citadel, its partners and Point72 have lost money on the deal, though the precise scope of the loss was unclear Sunday.</p><p><blockquote>作为交易的一部分，他们获得了梅尔文三年的非控制性收入份额。到目前为止，Citadel、其合作伙伴和Point72已经在这笔交易中亏损，尽管周日尚不清楚具体亏损范围。</blockquote></p><p> Melvin has massively de-risked its portfolio, said a client. People familiar with the hedge fund said its leverage ratio -- the value of its assets compared with its capital from investors -- was the lowest it has been since Melvin's 2014 start. They also said the firm's position-level liquidity, or its ability to exit securities in its portfolio easily, had increased significantly.</p><p><blockquote>一位客户表示，梅尔文已经大幅降低了其投资组合的风险。熟悉该对冲基金的人士表示，其杠杆率（其资产价值与来自投资者的资本之比）是自梅尔文2014年成立以来的最低水平。他们还表示，该公司的头寸流动性，即轻松退出投资组合中证券的能力，已显着增加。</blockquote></p><p> New and existing clients have signed up to invest money into Melvin on Feb. 1, according to the people familiar. It was unclear how much they would be adding.</p><p><blockquote>据知情人士透露，新老客户已于2月1日签约向Melvin投资。目前还不清楚他们会增加多少。</blockquote></p><p> Melvin had established itself in recent years as one of the top hedge funds on Wall Street, but a short position in GameStop Corp. hurt the firm in recent weeks. Losses extended beyond GameStop, with declines coming from throughout its portfolio during a period of market turmoil in January. Positions in which Melvin had publicly disclosed owning put options -- bearish contracts that typically profit as stocks fall -- in its last quarterly regulatory filing soared, while positions in companies it held sold off.</p><p><blockquote>近年来，Melvin已成为华尔街顶级对冲基金之一，但最近几周，游戏驿站公司的空头头寸对该公司造成了损害。损失不仅限于游戏驿站，在一月份的市场动荡期间，其整个投资组合都出现了下跌。梅尔文在上一季度的监管文件中公开披露持有看跌期权（通常随着股市下跌而获利的看跌合约）的头寸飙升，而其持有的公司头寸则遭到抛售。</blockquote></p><p> Bed Bath &amp; Beyond Inc., New York-listed Chinese tutoring company GSX Techedu Inc. and National Beverage Corp. were up 78.4%, 62% and 99% at their intraweek highs last week, respectively. Meanwhile, Booking Holdings Inc. and Expedia Group Inc. were down 9.9% and 13.4% at their intraweek lows.</p><p><blockquote>Bed Bath&amp;Beyond Inc.、纽约上市的中文家教公司跟谁学公司和National Beverage Corp.上周分别较周内高点上涨78.4%、62%和99%。与此同时，Booking Holdings Inc.和Expedia Group Inc.分别下跌9.9%和13.4%，跌至周内低点。</blockquote></p><p> Traders say as GameStop continued to soar -- f rom $30 to $75 and higher -- there was a contagion effect. Managers lost confidence short positions would stop rising in value and covered heavily shorted names, worried social media-fueled investors would focus on companies they were short. They also started cutting their stakes in companies to reduce the risk in their portfolios, hurting other investors in those companies. Last week alone, GameStop shares soared more than four times.</p><p><blockquote>交易员表示，随着游戏驿站继续飙升——从30美元飙升至75美元甚至更高——出现了传染效应。经理们对空头头寸的价值将停止上涨失去了信心，并回补了大量做空的股票，担心社交媒体推动的投资者会专注于他们做空的公司。他们还开始减持公司股份，以降低投资组合的风险，从而伤害了这些公司的其他投资者。仅上周，游戏驿站股价就飙升了四倍多。</blockquote></p><p> \"The performance pain...has been record breaking,\" read a note from Morgan Stanley to its trading clients last week.</p><p><blockquote>摩根士丹利上周给其交易客户的一份报告中写道：“业绩痛苦……已经打破了记录。”</blockquote></p><p> Indeed, hedge funds set near-daily records of various sorts last week for how much they pulled back their exposure to the U.S. stock market by covering their shorts and selling out of their wagers on companies, according to client notes from Morgan Stanley and Goldman Sachs Group Inc. On Wednesday, this type of so-called degrossing contributed to the largest one-day drop in funds' use of leverage on record, said a Goldman note.</p><p><blockquote>事实上，根据摩根士丹利和高盛的客户报告，对冲基金上周通过回补空头和抛售对公司的押注来撤回美国股市敞口的程度几乎每天都创下了各种记录。高盛集团周三表示，这种所谓的去毛导致基金杠杆使用出现有记录以来的最大单日降幅。</blockquote></p><p> Maplelane Capital, another hedge fund that has sustained significant losses this month, ended January with a roughly 45% loss, said a person familiar with the fund. It managed about $3.5 billion at the start of the year.</p><p><blockquote>Maplelane Capital是另一家本月遭受重大损失的对冲基金，一位知情人士表示，截至1月份，该基金的损失约为45%。今年年初，它管理着约35亿美元。</blockquote></p><p> The frenetic trading that catapulted GameStop, AMC Entertainment Holdings Inc. and BlackBerry Ltd. into the ranks of the most traded stocks in the U.S. market and captured the attention of the White House and regulators also hit prominent hedge funds Point72 and D1 Capital Partners.</p><p><blockquote>狂热的交易使游戏驿站、AMC院线控股公司和黑莓有限公司跻身美国市场交易量最大的股票行列，并引起了白宫和监管机构的注意，也打击了著名对冲基金Point72和D1 Capital Partners。</blockquote></p><p> D1, which ended the month down about 20%, was short AMC and GameStop, said people familiar with the fund. One of the people said D1 had exited both positions by Wednesday morning but that those were small drivers of losses. A more significant factor was shares of travel-related companies declining.</p><p><blockquote>据该基金知情人士透露，D1本月末下跌约20%，做空AMC和游戏驿站。其中一位知情人士表示，D1已于周三上午退出这两个头寸，但这些只是造成损失的小因素。一个更重要的因素是旅游相关公司的股价下跌。</blockquote></p><p> Some fund managers say the episode is likely to change how the industry works.</p><p><blockquote>一些基金经理表示，这一事件可能会改变该行业的运作方式。</blockquote></p><p> Fewer hedge funds are likely to highlight their bearish positions by disclosing put options, they said. Instead, funds may use Securities and Exchange Commission rules to keep confidential those positions, a tool activist investors have long used to build positions in companies quietly. More funds also may institute rules about avoiding thinly traded, heavily shorted stocks.</p><p><blockquote>他们表示，可能通过披露看跌期权来凸显其看跌头寸的对冲基金越来越少。相反，基金可能会利用美国证券交易委员会的规则对这些头寸保密，这是激进投资者长期以来用来悄悄建立公司头寸的工具。更多的基金也可能制定规则，避免交易清淡、严重做空的股票。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.marketwatch.com/story/gamestop-short-melvin-capital-lost-53-in-january-2021-01-31?mod=home-page\">marketwatch</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.marketwatch.com/story/gamestop-short-melvin-capital-lost-53-in-january-2021-01-31?mod=home-page","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1127084130","content_text":"Melvin Capital Management, the hedge fund that has borne the brunt of losses from the soaring stock prices of heavily shorted stocks recently, lost 53% in January, according to people familiar with the firm.\nMelvin was founded by Gabe Plotkin, a former star portfolio manager for hedge-fund titan Steven A. Cohen. It started the year with about $12.5 billion and now runs more than $8 billion. The current figure includes $2.75 billion in emergency funds Citadel LLC, its partners and Mr. Cohen's Point72 Asset Management injected into the hedge fund last Monday.\nAs part of the deal, they got non-controlling revenue shares in Melvin for three years. So far, Citadel, its partners and Point72 have lost money on the deal, though the precise scope of the loss was unclear Sunday.\nMelvin has massively de-risked its portfolio, said a client. People familiar with the hedge fund said its leverage ratio -- the value of its assets compared with its capital from investors -- was the lowest it has been since Melvin's 2014 start. They also said the firm's position-level liquidity, or its ability to exit securities in its portfolio easily, had increased significantly.\nNew and existing clients have signed up to invest money into Melvin on Feb. 1, according to the people familiar. It was unclear how much they would be adding.\nMelvin had established itself in recent years as one of the top hedge funds on Wall Street, but a short position in GameStop Corp. hurt the firm in recent weeks. Losses extended beyond GameStop, with declines coming from throughout its portfolio during a period of market turmoil in January. Positions in which Melvin had publicly disclosed owning put options -- bearish contracts that typically profit as stocks fall -- in its last quarterly regulatory filing soared, while positions in companies it held sold off.\nBed Bath & Beyond Inc., New York-listed Chinese tutoring company GSX Techedu Inc. and National Beverage Corp. were up 78.4%, 62% and 99% at their intraweek highs last week, respectively. Meanwhile, Booking Holdings Inc. and Expedia Group Inc. were down 9.9% and 13.4% at their intraweek lows.\nTraders say as GameStop continued to soar -- f rom $30 to $75 and higher -- there was a contagion effect. Managers lost confidence short positions would stop rising in value and covered heavily shorted names, worried social media-fueled investors would focus on companies they were short. They also started cutting their stakes in companies to reduce the risk in their portfolios, hurting other investors in those companies. Last week alone, GameStop shares soared more than four times.\n\"The performance pain...has been record breaking,\" read a note from Morgan Stanley to its trading clients last week.\nIndeed, hedge funds set near-daily records of various sorts last week for how much they pulled back their exposure to the U.S. stock market by covering their shorts and selling out of their wagers on companies, according to client notes from Morgan Stanley and Goldman Sachs Group Inc. On Wednesday, this type of so-called degrossing contributed to the largest one-day drop in funds' use of leverage on record, said a Goldman note.\nMaplelane Capital, another hedge fund that has sustained significant losses this month, ended January with a roughly 45% loss, said a person familiar with the fund. It managed about $3.5 billion at the start of the year.\nThe frenetic trading that catapulted GameStop, AMC Entertainment Holdings Inc. and BlackBerry Ltd. into the ranks of the most traded stocks in the U.S. market and captured the attention of the White House and regulators also hit prominent hedge funds Point72 and D1 Capital Partners.\nD1, which ended the month down about 20%, was short AMC and GameStop, said people familiar with the fund. One of the people said D1 had exited both positions by Wednesday morning but that those were small drivers of losses. A more significant factor was shares of travel-related companies declining.\nSome fund managers say the episode is likely to change how the industry works.\nFewer hedge funds are likely to highlight their bearish positions by disclosing put options, they said. Instead, funds may use Securities and Exchange Commission rules to keep confidential those positions, a tool activist investors have long used to build positions in companies quietly. More funds also may institute rules about avoiding thinly traded, heavily shorted stocks.","news_type":1,"symbols_score_info":{}},"isVote":1,"tweetType":1,"viewCount":1178,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}