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2021-09-18

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2021-07-28

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2021-11-17

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2021-09-18

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2021-11-20

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2021-09-10

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2021-07-24

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Tesla Earnings Are Coming. Here’s the One Number That Matters.<blockquote>特斯拉财报即将发布。这是一个重要的数字。</blockquote>

2021-03-31

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pls","listText":"Like pls","text":"Like pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/600661239","repostId":"1160593477","repostType":4,"repost":{"id":"1160593477","kind":"news","pubTimestamp":1638145914,"share":"https://www.laohu8.com/m/news/1160593477?lang=zh_CN&edition=full","pubTime":"2021-11-29 08:31","market":"us","language":"en","title":"Buyout Boom Gains Steam in Record Year for Private Equity<blockquote>私募股权收购热潮在创纪录的一年中升温</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1160593477","media":"Wall Street Journal","summary":"Big leveraged buyouts are back, and this year’s crop might just be a taste of things to come.\nPrivat","content":"<p>Big leveraged buyouts are back, and this year’s crop might just be a taste of things to come.</p><p><blockquote>大规模杠杆收购又回来了，今年的收成可能只是未来的一个尝试。</blockquote></p><p> Private-equity firms have announced a record $944.4 billion worth of buyouts in the U.S. so far this year, 2.5 times the volume in the same period last year and more than double that of the previous peak in 2007, according to Dealogic. So far this year, there have been five $10 billion-plus deals in the U.S., equaling the total in all of 2007, though still below the high-water mark of nine in 2006.</p><p><blockquote>Dealogic的数据显示，今年迄今为止，私募股权公司在美国宣布的收购金额达到创纪录的9444亿美元，是去年同期的2.5倍，是2007年峰值的两倍多。今年到目前为止，美国已有5笔超过100亿美元的交易，相当于2007年全年的交易总额，但仍低于2006年9笔的高点。</blockquote></p><p> Driving the urge to go big are the&nbsp;billions of dollars flowing into private-equity coffers&nbsp;as institutions such as pension funds seek higher returns in an era of low interest rates. Buyout firms have raised $314.8 billion in capital to invest in North America so far in 2021, pushing available cash earmarked for the region to a record $755.6 billion, according to data from Preqin.</p><p><blockquote>随着养老基金等机构在低利率时代寻求更高的回报，流入私募股权金库的数十亿美元推动了做大的冲动。Preqin的数据显示，2021年迄今为止，收购公司已筹集3148亿美元资本投资北美，使指定用于该地区的可用现金达到创纪录的7556亿美元。</blockquote></p><p> The fundraising shows no signs of abating, indicating the private-equity shopping spree will continue. Thoma Bravo LP, KKR &amp; Co., Carlyle Group Inc. and Permira Advisers are among those raising big new funds, each with targets ranging from $15 billion and $22 billion, Preqin data show.</p><p><blockquote>融资没有减弱的迹象，表明私募股权的购买热潮将继续。Preqin数据显示，Thoma Bravo LP、KKR&amp;Co.、Carlyle Group Inc.和Permira Advisers等都在筹集大型新基金，每只基金的目标在150亿美元至220亿美元之间。</blockquote></p><p> As the end of the year approaches, big buyouts are coming fast and furious. A week ago , private-equity firms Bain Capital and Hellman &amp; Friedman LLC agreed to buy healthcare-technology company Athenahealth Inc.for $17 billion including debt.A week earlier, KKR and Global Infrastructure Partners LLC&nbsp;said they would buy data-center operator&nbsp;CyrusOne Inc. for nearly $12 billion. And the week before that, Advent International Corp. and Permira&nbsp;signed an $11.8 billion deal&nbsp;for cybersecurity-software firm McAfee Corp.</p><p><blockquote>随着年底的临近，大额收购来得又快又猛。一周前，私募股权公司贝恩资本(Bain Capital)和Hellman&amp;Friedman LLC同意以170亿美元（含债务）收购医疗保健技术公司Athenahealth Inc.。一周前，KKR和Global Infrastructure Partners LLC表示将收购数据中心运营商CyrusOne Inc.近120亿美元。在此之前一周，Advent International Corp.和Permira签署了一项价值118亿美元的网络安全软件公司McAfee Corp.的协议。</blockquote></p><p> The recent string of big LBOs followed the $30 billion-plus deal for medical-supply company Medline Industries Inc. that H&amp;F,BlackstoneInc.and Carlyle struck in June in the largest buyout since the 2007-08 financial crisis.</p><p><blockquote>在最近的一系列大型杠杆收购之前，H&amp;F、BlackstoneInc.和凯雷集团于6月份以超过300亿美元的价格收购了医疗供应公司Medline Industries Inc.，这是自2007-08年金融危机以来最大的一次收购。</blockquote></p><p> Many of the pre-financial crisis deals—some of which, like TXU Corp., were bigger than the current crop—struggled, leading to a decade of cautious behavior by buyout firms.</p><p><blockquote>许多金融危机前的交易——其中一些交易，如TXU Corp.，比当前的收成还要大——举步维艰，导致收购公司十年来的谨慎行为。</blockquote></p><p> Private-equity executives say the current generation of big deals won’t suffer the same fate as TXU (renamed Energy Future Holdings Corp.), whichfiled for chapter 11 bankruptcy protection in 2014, and others of that era.</p><p><blockquote>私募股权高管表示，当前一代的大型交易不会遭受与2014年根据美国破产法第11章申请破产保护的TXU（更名为Energy Future Holdings Corp.）以及那个时代的其他公司相同的命运。</blockquote></p><p> “There is a huge difference in the level of stability of these businesses, the level of interest rates and the depth of the industry’s resources,” said John Connaughton, co-managing partner at Bain.</p><p><blockquote>贝恩联席管理合伙人约翰·康诺顿表示：“这些业务的稳定性水平、利率水平和行业资源深度存在巨大差异。”</blockquote></p><p> The big deals Bain and its rivals are doing are in healthcare and technology, two fast-growing areas of the economy with room for consolidation, where scale doesn’t have to mean sacrificing returns, he said.</p><p><blockquote>他表示，贝恩及其竞争对手正在进行的大交易是在医疗保健和技术领域，这两个经济快速增长的领域有整合的空间，规模并不一定意味着牺牲回报。</blockquote></p><p> Private equity isn’t the only corner of the deals market that is surging, as lofty stock prices and low interest rates encourage transacting. The IPO market is alsorunning at a record pace, and merger volume in the U.S. istwice last year’s level, according to Dealogic.</p><p><blockquote>私募股权并不是交易市场唯一飙升的领域，因为高股价和低利率鼓励交易。Dealogic的数据显示，IPO市场也在以创纪录的速度运行，美国的并购量是去年水平的两倍。</blockquote></p><p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Buyout Boom Gains Steam in Record Year for Private Equity<blockquote>私募股权收购热潮在创纪录的一年中升温</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\">\nBuyout Boom Gains Steam in Record Year for Private Equity<blockquote>私募股权收购热潮在创纪录的一年中升温</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Wall Street Journal</strong><span class=\"h-time small\">2021-11-29 08:31</span>\n</p>\n</h4>\n</header>\n<article>\n<p>Big leveraged buyouts are back, and this year’s crop might just be a taste of things to come.</p><p><blockquote>大规模杠杆收购又回来了，今年的收成可能只是未来的一个尝试。</blockquote></p><p> Private-equity firms have announced a record $944.4 billion worth of buyouts in the U.S. so far this year, 2.5 times the volume in the same period last year and more than double that of the previous peak in 2007, according to Dealogic. So far this year, there have been five $10 billion-plus deals in the U.S., equaling the total in all of 2007, though still below the high-water mark of nine in 2006.</p><p><blockquote>Dealogic的数据显示，今年迄今为止，私募股权公司在美国宣布的收购金额达到创纪录的9444亿美元，是去年同期的2.5倍，是2007年峰值的两倍多。今年到目前为止，美国已有5笔超过100亿美元的交易，相当于2007年全年的交易总额，但仍低于2006年9笔的高点。</blockquote></p><p> Driving the urge to go big are the&nbsp;billions of dollars flowing into private-equity coffers&nbsp;as institutions such as pension funds seek higher returns in an era of low interest rates. Buyout firms have raised $314.8 billion in capital to invest in North America so far in 2021, pushing available cash earmarked for the region to a record $755.6 billion, according to data from Preqin.</p><p><blockquote>随着养老基金等机构在低利率时代寻求更高的回报，流入私募股权金库的数十亿美元推动了做大的冲动。Preqin的数据显示，2021年迄今为止，收购公司已筹集3148亿美元资本投资北美，使指定用于该地区的可用现金达到创纪录的7556亿美元。</blockquote></p><p> The fundraising shows no signs of abating, indicating the private-equity shopping spree will continue. Thoma Bravo LP, KKR &amp; Co., Carlyle Group Inc. and Permira Advisers are among those raising big new funds, each with targets ranging from $15 billion and $22 billion, Preqin data show.</p><p><blockquote>融资没有减弱的迹象，表明私募股权的购买热潮将继续。Preqin数据显示，Thoma Bravo LP、KKR&amp;Co.、Carlyle Group Inc.和Permira Advisers等都在筹集大型新基金，每只基金的目标在150亿美元至220亿美元之间。</blockquote></p><p> As the end of the year approaches, big buyouts are coming fast and furious. A week ago , private-equity firms Bain Capital and Hellman &amp; Friedman LLC agreed to buy healthcare-technology company Athenahealth Inc.for $17 billion including debt.A week earlier, KKR and Global Infrastructure Partners LLC&nbsp;said they would buy data-center operator&nbsp;CyrusOne Inc. for nearly $12 billion. And the week before that, Advent International Corp. and Permira&nbsp;signed an $11.8 billion deal&nbsp;for cybersecurity-software firm McAfee Corp.</p><p><blockquote>随着年底的临近，大额收购来得又快又猛。一周前，私募股权公司贝恩资本(Bain Capital)和Hellman&amp;Friedman LLC同意以170亿美元（含债务）收购医疗保健技术公司Athenahealth Inc.。一周前，KKR和Global Infrastructure Partners LLC表示将收购数据中心运营商CyrusOne Inc.近120亿美元。在此之前一周，Advent International Corp.和Permira签署了一项价值118亿美元的网络安全软件公司McAfee Corp.的协议。</blockquote></p><p> The recent string of big LBOs followed the $30 billion-plus deal for medical-supply company Medline Industries Inc. that H&amp;F,BlackstoneInc.and Carlyle struck in June in the largest buyout since the 2007-08 financial crisis.</p><p><blockquote>在最近的一系列大型杠杆收购之前，H&amp;F、BlackstoneInc.和凯雷集团于6月份以超过300亿美元的价格收购了医疗供应公司Medline Industries Inc.，这是自2007-08年金融危机以来最大的一次收购。</blockquote></p><p> Many of the pre-financial crisis deals—some of which, like TXU Corp., were bigger than the current crop—struggled, leading to a decade of cautious behavior by buyout firms.</p><p><blockquote>许多金融危机前的交易——其中一些交易，如TXU Corp.，比当前的收成还要大——举步维艰，导致收购公司十年来的谨慎行为。</blockquote></p><p> Private-equity executives say the current generation of big deals won’t suffer the same fate as TXU (renamed Energy Future Holdings Corp.), whichfiled for chapter 11 bankruptcy protection in 2014, and others of that era.</p><p><blockquote>私募股权高管表示，当前一代的大型交易不会遭受与2014年根据美国破产法第11章申请破产保护的TXU（更名为Energy Future Holdings Corp.）以及那个时代的其他公司相同的命运。</blockquote></p><p> “There is a huge difference in the level of stability of these businesses, the level of interest rates and the depth of the industry’s resources,” said John Connaughton, co-managing partner at Bain.</p><p><blockquote>贝恩联席管理合伙人约翰·康诺顿表示：“这些业务的稳定性水平、利率水平和行业资源深度存在巨大差异。”</blockquote></p><p> The big deals Bain and its rivals are doing are in healthcare and technology, two fast-growing areas of the economy with room for consolidation, where scale doesn’t have to mean sacrificing returns, he said.</p><p><blockquote>他表示，贝恩及其竞争对手正在进行的大交易是在医疗保健和技术领域，这两个经济快速增长的领域有整合的空间，规模并不一定意味着牺牲回报。</blockquote></p><p> Private equity isn’t the only corner of the deals market that is surging, as lofty stock prices and low interest rates encourage transacting. The IPO market is alsorunning at a record pace, and merger volume in the U.S. istwice last year’s level, according to Dealogic.</p><p><blockquote>私募股权并不是交易市场唯一飙升的领域，因为高股价和低利率鼓励交易。Dealogic的数据显示，IPO市场也在以创纪录的速度运行，美国的并购量是去年水平的两倍。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.wsj.com/articles/buyout-boom-gains-steam-in-record-year-for-private-equity-11638095402?siteid=yhoof2\">Wall Street Journal</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":{"KKR":"KKR & Co L.P."},"source_url":"https://www.wsj.com/articles/buyout-boom-gains-steam-in-record-year-for-private-equity-11638095402?siteid=yhoof2","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1160593477","content_text":"Big leveraged buyouts are back, and this year’s crop might just be a taste of things to come.\nPrivate-equity firms have announced a record $944.4 billion worth of buyouts in the U.S. so far this year, 2.5 times the volume in the same period last year and more than double that of the previous peak in 2007, according to Dealogic. So far this year, there have been five $10 billion-plus deals in the U.S., equaling the total in all of 2007, though still below the high-water mark of nine in 2006.\nDriving the urge to go big are the billions of dollars flowing into private-equity coffers as institutions such as pension funds seek higher returns in an era of low interest rates. Buyout firms have raised $314.8 billion in capital to invest in North America so far in 2021, pushing available cash earmarked for the region to a record $755.6 billion, according to data from Preqin.\nThe fundraising shows no signs of abating, indicating the private-equity shopping spree will continue. Thoma Bravo LP, KKR & Co., Carlyle Group Inc. and Permira Advisers are among those raising big new funds, each with targets ranging from $15 billion and $22 billion, Preqin data show.\nAs the end of the year approaches, big buyouts are coming fast and furious. A week ago , private-equity firms Bain Capital and Hellman & Friedman LLC agreed to buy healthcare-technology company Athenahealth Inc.for $17 billion including debt.A week earlier, KKR and Global Infrastructure Partners LLC said they would buy data-center operator CyrusOne Inc. for nearly $12 billion. And the week before that, Advent International Corp. and Permira signed an $11.8 billion deal for cybersecurity-software firm McAfee Corp.\nThe recent string of big LBOs followed the $30 billion-plus deal for medical-supply company Medline Industries Inc. that H&F,BlackstoneInc.and Carlyle struck in June in the largest buyout since the 2007-08 financial crisis.\nMany of the pre-financial crisis deals—some of which, like TXU Corp., were bigger than the current crop—struggled, leading to a decade of cautious behavior by buyout firms.\nPrivate-equity executives say the current generation of big deals won’t suffer the same fate as TXU (renamed Energy Future Holdings Corp.), whichfiled for chapter 11 bankruptcy protection in 2014, and others of that era.\n“There is a huge difference in the level of stability of these businesses, the level of interest rates and the depth of the industry’s resources,” said John Connaughton, co-managing partner at Bain.\nThe big deals Bain and its rivals are doing are in healthcare and technology, two fast-growing areas of the economy with room for consolidation, where scale doesn’t have to mean sacrificing returns, he said.\nPrivate equity isn’t the only corner of the deals market that is surging, as lofty stock prices and low interest rates encourage transacting. The IPO market is alsorunning at a record pace, and merger volume in the U.S. istwice last year’s level, according to Dealogic.","news_type":1,"symbols_score_info":{"KKR":0.9}},"isVote":1,"tweetType":1,"viewCount":2921,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":600661182,"gmtCreate":1638148036320,"gmtModify":1638148036633,"author":{"id":"3565687171198207","authorId":"3565687171198207","name":"Holla","avatar":"https://static.tigerbbs.com/c0b0e402ff8043410cc67ffccbfe2174","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3565687171198207","authorIdStr":"3565687171198207"},"themes":[],"htmlText":"Like pls","listText":"Like pls","text":"Like pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/600661182","repostId":"1169118930","repostType":4,"repost":{"id":"1169118930","kind":"news","pubTimestamp":1638146156,"share":"https://www.laohu8.com/m/news/1169118930?lang=zh_CN&edition=full","pubTime":"2021-11-29 08:35","market":"us","language":"en","title":"IBM Cast Off Kyndryl. Here’s What Investors Should Do With the Stock<blockquote>IBM放弃了Kyndryl。以下是投资者应该如何处理该股票</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1169118930","media":"Marketwatch","summary":"A key part of IBM’s turnaround story was written in early November: packaging the company’s low-marg","content":"<p>A key part of IBM’s turnaround story was written in early November: packaging the company’s low-margin, negative-growth information-technology services business, giving it a cool-sounding name, and getting it off the income statement.</p><p><blockquote>IBM扭亏为盈的故事的一个关键部分是在11月初写的：将公司低利润、负增长的信息技术服务业务打包，给它起一个听起来很酷的名字，并将其从损益表中删除。</blockquote></p><p> That’s how Kyndryl Holdings (ticker: KD) was born. The new/old company is a leading player in the IT managed services business, running data centers and other IT operations for more than 4,000 customers.</p><p><blockquote>Kyndryl Holdings（股票代码：KD）就是这样诞生的。这家新/老公司是IT托管服务业务的领先企业，为4,000多家客户运营数据中心和其他IT运营。</blockquote></p><p> Kyndryl has 90,000 employees and dominates the sector. The company had $19.1 billion in revenue, on a pro forma basis, in 2020, about twice as much as rival DXC Technology (DXC), according to Kyndryl’s spinoff documents. It has an even bigger edge on peers such as Atos (ATO.France), HCL Technologies (532281.India), Tata Consultancy Services (532540.India), and Cognizant (CTSH).</p><p><blockquote>Kyndryl拥有90,000名员工，在该行业占据主导地位。根据Kyndryl的分拆文件，该公司2020年的预计收入为191亿美元，约为竞争对手DXC Technology(DXC)的两倍。它比Atos(ATO.France)、HCL Technologies(532281.India)、Tata Consultancy Services(532540.India)和Cognizant(CTSH)等同行更具优势。</blockquote></p><p> IBM stockholders got one share of Kyndryl for every five IBM shares held.</p><p><blockquote>IBM股东每持有五股IBM股票即可获得一股Kyndryl股票。</blockquote></p><p> Kyndryl CEO Martin Schroeter recently told Barron’s that he views the company as a “$19 billion start-up,” which is reconfiguring its business for a world in which more and more IT workloads are shifting to the cloud and away from data centers. He says the spinoff will let the company reposition itself for growth, using mergers and acquisitions and internal development to adjust its business mix.</p><p><blockquote>Kyndryl首席执行官Martin Schroeter最近告诉《巴伦周刊》，他将该公司视为一家“价值190亿美元的初创公司”，该公司正在重新配置其业务，以适应越来越多的IT工作负载从数据中心转移到云的世界。他表示，分拆将使公司重新定位增长，利用并购和内部发展来调整其业务组合。</blockquote></p><p> But Kyndryl is having trouble finding its own independent investor base. In late October, the stock traded above $40 on a “when issued” basis. Kyndryl opened for trading on Nov. 4 at $28.41, and has continued to fall from there.</p><p><blockquote>但Kyndryl很难找到自己的独立投资者基础。10月下旬，该股“发行时”交易价格高于40美元。Kyndryl于11月4日开盘价为28.41美元，此后持续下跌。</blockquote></p><p> At a recent price of $17.30, Kyndryl has a market cap of just $3.9 billion. With $1.2 billion in net debt, its enterprise value comes to $5.1 billion. That gives the company an enterprise value to sales multiple of less than 0.3. There are just four companies in the S&amp;P 500 index with a multiple lower than that. DXC trades for about 0.7 times projected revenue for its March 2022 fiscal year.</p><p><blockquote>以最近17.30美元的价格计算，Kyndryl的市值仅为39亿美元。净债务为12亿美元，其企业价值达到51亿美元。这使得该公司的企业价值与销售额的倍数小于0.3。标普500指数中只有四家公司的市盈率低于这一数字。DXC的交易价格约为2022年3月财年预计收入的0.7倍。</blockquote></p><p> But there are reasons that IBM investors—and others—are shunning the spun-off stock. For one thing, IBM has been attractive to investors in part for its 5.6% dividend yield, the highest of any company in the Dow Jones Industrial Average, and one of the highest in the S&amp;P 500. Anyone who owns IBM for the yield isn’t interested in Kyndryl stock.</p><p><blockquote>但IBM投资者和其他人回避分拆股票是有原因的。一方面，IBM对投资者的吸引力部分在于其5.6%的股息收益率，这是道琼斯工业平均指数中最高的公司，也是标普500中最高的公司之一。任何为了收益而持有IBM的人都对Kyndryl股票不感兴趣。</blockquote></p><p> Another issue: Kyndryl doesn’t expect to show growth before 2025. The company projects 2021 revenue of $18.5 billion to $18.7 billion; at the midpoint, that’s a 2.6% decline from 2020’s level. Kyndryl sees adjusted earnings before interest, taxes, depreciation, and amortization, or Ebitda, of $2.8 billion to $2.9 billion.</p><p><blockquote>另一个问题是：Kyndryl预计在2025年之前不会出现增长。该公司预计2021年收入为185亿美元至187亿美元；按中点计算，较2020年水平下降2.6%。Kyndryl预计调整后息税折旧摊销前利润(Ebitda)为28亿至29亿美元。</blockquote></p><p> For investors, there’s little incentive to own a shrinking IT services company without a dividend yield. Short of a private-equity buyout—with the idea of revamping the company out of sight of the public markets—there are few near-term catalysts for Kyndryl stock.</p><p><blockquote>对于投资者来说，在没有股息收益率的情况下，几乎没有动力拥有一家萎缩的IT服务公司。除了私募股权收购（即在公开市场看不到的情况下改造公司）之外，Kyndryl股票的近期催化剂很少。</blockquote></p><p> IBM shareholders have plenty of potential upside from that company’s core business. They don’t need to hold Kyndryl stock.</p><p><blockquote>IBM股东从该公司的核心业务中获得了很大的潜在收益。他们不需要持有Kyndryl股票。</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>IBM Cast Off Kyndryl. Here’s What Investors Should Do With the Stock<blockquote>IBM放弃了Kyndryl。以下是投资者应该如何处理该股票</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nIBM Cast Off Kyndryl. Here’s What Investors Should Do With the Stock<blockquote>IBM放弃了Kyndryl。以下是投资者应该如何处理该股票</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Marketwatch</strong><span class=\"h-time small\">2021-11-29 08:35</span>\n</p>\n</h4>\n</header>\n<article>\n<p>A key part of IBM’s turnaround story was written in early November: packaging the company’s low-margin, negative-growth information-technology services business, giving it a cool-sounding name, and getting it off the income statement.</p><p><blockquote>IBM扭亏为盈的故事的一个关键部分是在11月初写的：将公司低利润、负增长的信息技术服务业务打包，给它起一个听起来很酷的名字，并将其从损益表中删除。</blockquote></p><p> That’s how Kyndryl Holdings (ticker: KD) was born. The new/old company is a leading player in the IT managed services business, running data centers and other IT operations for more than 4,000 customers.</p><p><blockquote>Kyndryl Holdings（股票代码：KD）就是这样诞生的。这家新/老公司是IT托管服务业务的领先企业，为4,000多家客户运营数据中心和其他IT运营。</blockquote></p><p> Kyndryl has 90,000 employees and dominates the sector. The company had $19.1 billion in revenue, on a pro forma basis, in 2020, about twice as much as rival DXC Technology (DXC), according to Kyndryl’s spinoff documents. It has an even bigger edge on peers such as Atos (ATO.France), HCL Technologies (532281.India), Tata Consultancy Services (532540.India), and Cognizant (CTSH).</p><p><blockquote>Kyndryl拥有90,000名员工，在该行业占据主导地位。根据Kyndryl的分拆文件，该公司2020年的预计收入为191亿美元，约为竞争对手DXC Technology(DXC)的两倍。它比Atos(ATO.France)、HCL Technologies(532281.India)、Tata Consultancy Services(532540.India)和Cognizant(CTSH)等同行更具优势。</blockquote></p><p> IBM stockholders got one share of Kyndryl for every five IBM shares held.</p><p><blockquote>IBM股东每持有五股IBM股票即可获得一股Kyndryl股票。</blockquote></p><p> Kyndryl CEO Martin Schroeter recently told Barron’s that he views the company as a “$19 billion start-up,” which is reconfiguring its business for a world in which more and more IT workloads are shifting to the cloud and away from data centers. He says the spinoff will let the company reposition itself for growth, using mergers and acquisitions and internal development to adjust its business mix.</p><p><blockquote>Kyndryl首席执行官Martin Schroeter最近告诉《巴伦周刊》，他将该公司视为一家“价值190亿美元的初创公司”，该公司正在重新配置其业务，以适应越来越多的IT工作负载从数据中心转移到云的世界。他表示，分拆将使公司重新定位增长，利用并购和内部发展来调整其业务组合。</blockquote></p><p> But Kyndryl is having trouble finding its own independent investor base. In late October, the stock traded above $40 on a “when issued” basis. Kyndryl opened for trading on Nov. 4 at $28.41, and has continued to fall from there.</p><p><blockquote>但Kyndryl很难找到自己的独立投资者基础。10月下旬，该股“发行时”交易价格高于40美元。Kyndryl于11月4日开盘价为28.41美元，此后持续下跌。</blockquote></p><p> At a recent price of $17.30, Kyndryl has a market cap of just $3.9 billion. With $1.2 billion in net debt, its enterprise value comes to $5.1 billion. That gives the company an enterprise value to sales multiple of less than 0.3. There are just four companies in the S&amp;P 500 index with a multiple lower than that. DXC trades for about 0.7 times projected revenue for its March 2022 fiscal year.</p><p><blockquote>以最近17.30美元的价格计算，Kyndryl的市值仅为39亿美元。净债务为12亿美元，其企业价值达到51亿美元。这使得该公司的企业价值与销售额的倍数小于0.3。标普500指数中只有四家公司的市盈率低于这一数字。DXC的交易价格约为2022年3月财年预计收入的0.7倍。</blockquote></p><p> But there are reasons that IBM investors—and others—are shunning the spun-off stock. For one thing, IBM has been attractive to investors in part for its 5.6% dividend yield, the highest of any company in the Dow Jones Industrial Average, and one of the highest in the S&amp;P 500. Anyone who owns IBM for the yield isn’t interested in Kyndryl stock.</p><p><blockquote>但IBM投资者和其他人回避分拆股票是有原因的。一方面，IBM对投资者的吸引力部分在于其5.6%的股息收益率，这是道琼斯工业平均指数中最高的公司，也是标普500中最高的公司之一。任何为了收益而持有IBM的人都对Kyndryl股票不感兴趣。</blockquote></p><p> Another issue: Kyndryl doesn’t expect to show growth before 2025. The company projects 2021 revenue of $18.5 billion to $18.7 billion; at the midpoint, that’s a 2.6% decline from 2020’s level. Kyndryl sees adjusted earnings before interest, taxes, depreciation, and amortization, or Ebitda, of $2.8 billion to $2.9 billion.</p><p><blockquote>另一个问题是：Kyndryl预计在2025年之前不会出现增长。该公司预计2021年收入为185亿美元至187亿美元；按中点计算，较2020年水平下降2.6%。Kyndryl预计调整后息税折旧摊销前利润(Ebitda)为28亿至29亿美元。</blockquote></p><p> For investors, there’s little incentive to own a shrinking IT services company without a dividend yield. Short of a private-equity buyout—with the idea of revamping the company out of sight of the public markets—there are few near-term catalysts for Kyndryl stock.</p><p><blockquote>对于投资者来说，在没有股息收益率的情况下，几乎没有动力拥有一家萎缩的IT服务公司。除了私募股权收购（即在公开市场看不到的情况下改造公司）之外，Kyndryl股票的近期催化剂很少。</blockquote></p><p> IBM shareholders have plenty of potential upside from that company’s core business. They don’t need to hold Kyndryl stock.</p><p><blockquote>IBM股东从该公司的核心业务中获得了很大的潜在收益。他们不需要持有Kyndryl股票。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.marketwatch.com/articles/ibm-kyndryl-stock-what-to-do-51637798963?mod=newsviewer_click_seemore\">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":{"IBM":"IBM","KD":"Kyndryl"},"source_url":"https://www.marketwatch.com/articles/ibm-kyndryl-stock-what-to-do-51637798963?mod=newsviewer_click_seemore","is_english":true,"share_image_url":"https://static.laohu8.com/599a65733b8245fcf7868668ef9ad712","article_id":"1169118930","content_text":"A key part of IBM’s turnaround story was written in early November: packaging the company’s low-margin, negative-growth information-technology services business, giving it a cool-sounding name, and getting it off the income statement.\nThat’s how Kyndryl Holdings (ticker: KD) was born. The new/old company is a leading player in the IT managed services business, running data centers and other IT operations for more than 4,000 customers.\nKyndryl has 90,000 employees and dominates the sector. The company had $19.1 billion in revenue, on a pro forma basis, in 2020, about twice as much as rival DXC Technology (DXC), according to Kyndryl’s spinoff documents. It has an even bigger edge on peers such as Atos (ATO.France), HCL Technologies (532281.India), Tata Consultancy Services (532540.India), and Cognizant (CTSH).\nIBM stockholders got one share of Kyndryl for every five IBM shares held.\nKyndryl CEO Martin Schroeter recently told Barron’s that he views the company as a “$19 billion start-up,” which is reconfiguring its business for a world in which more and more IT workloads are shifting to the cloud and away from data centers. He says the spinoff will let the company reposition itself for growth, using mergers and acquisitions and internal development to adjust its business mix.\nBut Kyndryl is having trouble finding its own independent investor base. In late October, the stock traded above $40 on a “when issued” basis. Kyndryl opened for trading on Nov. 4 at $28.41, and has continued to fall from there.\nAt a recent price of $17.30, Kyndryl has a market cap of just $3.9 billion. With $1.2 billion in net debt, its enterprise value comes to $5.1 billion. That gives the company an enterprise value to sales multiple of less than 0.3. There are just four companies in the S&P 500 index with a multiple lower than that. DXC trades for about 0.7 times projected revenue for its March 2022 fiscal year.\nBut there are reasons that IBM investors—and others—are shunning the spun-off stock. For one thing, IBM has been attractive to investors in part for its 5.6% dividend yield, the highest of any company in the Dow Jones Industrial Average, and one of the highest in the S&P 500. Anyone who owns IBM for the yield isn’t interested in Kyndryl stock.\nAnother issue: Kyndryl doesn’t expect to show growth before 2025. The company projects 2021 revenue of $18.5 billion to $18.7 billion; at the midpoint, that’s a 2.6% decline from 2020’s level. Kyndryl sees adjusted earnings before interest, taxes, depreciation, and amortization, or Ebitda, of $2.8 billion to $2.9 billion.\nFor investors, there’s little incentive to own a shrinking IT services company without a dividend yield. Short of a private-equity buyout—with the idea of revamping the company out of sight of the public markets—there are few near-term catalysts for Kyndryl stock.\nIBM shareholders have plenty of potential upside from that company’s core business. They don’t need to hold Kyndryl stock.","news_type":1,"symbols_score_info":{"KD":0.9,"IBM":0.9}},"isVote":1,"tweetType":1,"viewCount":2617,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":600661352,"gmtCreate":1638148027968,"gmtModify":1638148028279,"author":{"id":"3565687171198207","authorId":"3565687171198207","name":"Holla","avatar":"https://static.tigerbbs.com/c0b0e402ff8043410cc67ffccbfe2174","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3565687171198207","authorIdStr":"3565687171198207"},"themes":[],"htmlText":"Like pls","listText":"Like pls","text":"Like pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/600661352","repostId":"2186432637","repostType":4,"isVote":1,"tweetType":1,"viewCount":2847,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":600663489,"gmtCreate":1638148014868,"gmtModify":1638148015166,"author":{"id":"3565687171198207","authorId":"3565687171198207","name":"Holla","avatar":"https://static.tigerbbs.com/c0b0e402ff8043410cc67ffccbfe2174","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3565687171198207","authorIdStr":"3565687171198207"},"themes":[],"htmlText":"Like pls","listText":"Like pls","text":"Like pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/600663489","repostId":"1114522326","repostType":4,"isVote":1,"tweetType":1,"viewCount":4313,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":600663547,"gmtCreate":1638148004591,"gmtModify":1638148004895,"author":{"id":"3565687171198207","authorId":"3565687171198207","name":"Holla","avatar":"https://static.tigerbbs.com/c0b0e402ff8043410cc67ffccbfe2174","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3565687171198207","authorIdStr":"3565687171198207"},"themes":[],"htmlText":"Like pls","listText":"Like pls","text":"Like pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/600663547","repostId":"1124072014","repostType":4,"repost":{"id":"1124072014","kind":"news","pubTimestamp":1638140765,"share":"https://www.laohu8.com/m/news/1124072014?lang=zh_CN&edition=full","pubTime":"2021-11-29 07:06","market":"us","language":"en","title":"November jobs report: What to know this week<blockquote>11月就业报告：本周需要了解什么</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1124072014","media":"yahoo","summary":"As investors return from the Thanksgiving-shortened trading week, focus will shift to the U.S. labor","content":"<p>As investors return from the Thanksgiving-shortened trading week, focus will shift to the U.S. labor market.</p><p><blockquote>随着投资者从感恩节缩短的交易周回归，焦点将转向美国劳动力市场。</blockquote></p><p> The Labor Department's monthly jobs report due for release on Friday is set to provide an updated snapshot of the strength in hiring and labor force participation in the U.S. economy. Consensus economists are looking for a half-million jobs to have returned in November, with the pace of hiring slowing only slightly from October's 531,000 gain. The unemployment rate is also expected to improve further to 4.5% from October's 4.6%, reaching the lowest level since March 2020.</p><p><blockquote>美国劳工部将于周五发布的月度就业报告将提供美国经济中招聘和劳动力参与实力的最新快照。经济学家一致认为，11月份将有50万个工作岗位回归，招聘速度仅较10月份的531,000个略有放缓。失业率也有望从10月的4.6%进一步改善至4.5%，达到2020年3月以来的最低水平。</blockquote></p><p> \"We expect non-farm payrolls to have risen by 500,000 in November, but the growing risk of a winter COVID wave and a dwindling supply of available workers will weigh on jobs growth soon,\" wrote Paul Ashworth, chief North America economist for Capital Economics, in a note last week.</p><p><blockquote>凯投宏观(Capital Economics)首席北美经济学家保罗·阿什沃斯(Paul Ashworth)写道：“我们预计11月份非农就业人数将增加50万人，但冬季新冠疫情风险不断增加以及可用工人供应减少将很快拖累就业增长。”，在上周的一份报告中。</blockquote></p><p> \"Employment growth can’t continue at this pace for much longer unless the labor force stages a more notable recovery. If anything, labor supply could<i>worsen</i>over the coming months as the federal vaccine mandate covering 100 [million] workers begins on January 4,\" Ashworth added. \"That suggests wage growth will remain strong, and we expect a 0.4% [month-over-month] rise in average hourly earnings in October.\"</p><p><blockquote>“除非劳动力出现更显著的复苏，否则就业增长不可能以这种速度持续太久。如果说有什么不同的话，那就是劳动力供应可以<i>恶化</i>随着覆盖1亿工人的联邦疫苗授权于1月4日开始，未来几个月，”阿什沃斯补充道。“这表明工资增长将保持强劲，我们预计10月份平均时薪将[环比]增长0.4%。”</blockquote></p><p> On a year-over-year basis, average hourly earnings are expected to rise by 5.0%, accelerating even further after October's already marked 4.9% rise and representing the fastest wage growth rate since February.</p><p><blockquote>与去年同期相比，平均时薪预计将增长5.0%，继10月份已经显着增长4.9%之后进一步加速，这是自2月份以来最快的工资增长率。</blockquote></p><p> Growing average wages and a tight labor market — while a positive for consumers and their ability to spend — has also stoked concerns over persistent inflation. Last week's Personal Consumption Expenditures (PCE) deflator from the Bureau of Economic Analysis for October showed an annual jump of 5.0% in the index, or the biggest rise since 1990. And the core PCE, or the Fed's preferred inflation gauge stripping out volatile food and energy prices, rose by 4.1% year-over-year — the most in three decades.</p><p><blockquote>平均工资增长和劳动力市场紧张虽然对消费者及其消费能力有利，但也引发了人们对持续通胀的担忧。上周经济分析局公布的10月份个人消费支出(PCE)平减指数显示，该指数年率上涨5.0%，创1990年以来最大涨幅。核心PCE（即美联储首选的剔除波动较大的食品和能源价格的通胀指标）同比上涨4.1%，为三十年来的最高水平。</blockquote></p><p> Other recent data have homed in on the tight labor market and presaged a potentially strong November jobs report. Last week'sinitial jobless claims fell to a 52-year low of 199,000, taking out both the prior pandemic-era low and pre-pandemic average for new first-time filings. This served as yet another point underscoring the steep competition for labor among U.S. employers, with companies attempting to hire and retain their existing workforces amid widespread labor shortages.</p><p><blockquote>最近的其他数据集中在紧张的劳动力市场上，并预示着11月份就业报告可能强劲。上周首次申请失业救济人数降至19.9万人的52年低点，打破了之前大流行时期的低点和大流行前新首次申请失业救济人数的平均值。这再次凸显了美国雇主之间对劳动力的激烈竞争，在劳动力普遍短缺的情况下，公司试图雇用和留住现有劳动力。</blockquote></p><p> Even given these lingering scarcities, the labor force participation rate has yet to return to pre-pandemic levels. The civilian labor force was still down by nearly 3 million participants compared to February 2020, with lingering concerns over the virus and adesire by many working-age individuals to seek out new roles with better flexibility and benefitsstill keeping many individuals on the sidelines of the workforce. Consensus economists expect the labor force participation rate to tick up only slightly in November to reach 61.7%, growing from October's 61.6% but coming in well below the 63.3% rate from February 2020.</p><p><blockquote>即使考虑到这些挥之不去的短缺，劳动力参与率仍未恢复到大流行前的水平。与2020年2月相比，平民劳动力仍减少了近300万参与者，对病毒的担忧挥之不去，许多工作年龄的人渴望寻找具有更好灵活性和福利的新角色，这仍然使许多人处于劳动力的边缘。经济学家普遍预计，11月份劳动力参与率仅略有上升，达到61.7%，高于10月份的61.6%，但远低于2020年2月的63.3%。</blockquote></p><p> Returning the economy back to pre-pandemic labor force participation levels and ensuring job gains are seen equitably across different groups has become a key focus for the Federal Reserve. And the distance still left to make up on these fronts has also been the biggest factor keeping the Fed ultra-accommodative with its monetary policy support, even after a parade of hotter-than-expected inflation reports that would appear to warrant a more hawkish policy tilt and a quicker-than-expected hike to interest rates.Fed Chair Jerome Powell's renomination to remain as head of the central bankfurther suggests the Fed's focus on the labor market as a critical informing factor for monetary policy will remain.</p><p><blockquote>将经济恢复到大流行前的劳动力参与水平，并确保不同群体公平地看到就业增长，已成为美联储的一个重点关注点。在这些方面仍有待弥补的距离也是美联储货币政策支持保持超宽松的最大因素，即使在一系列高于预期的通胀报告似乎需要采取更强硬的政策倾斜美联储主席杰罗姆·鲍威尔再次被提名继续担任央行行长进一步表明，美联储将继续关注劳动力市场，将其作为货币政策的关键信息因素。</blockquote></p><p> \"Market views for future Fed rate increases have been pulled forward aggressively in response to evidence that elevated inflation pressures are likely to persist for longer,\" wrote Deutsche Bank economist Justin Weidner in a note last week. \"However, as Chair Powell's November press conference made evident, prospects for the labor market to return to maximum employment remain a critical consideration for when the Fed will eventually begin to actively tighten monetary policy.\"</p><p><blockquote>德意志银行经济学家贾斯汀·魏德纳(Justin Weidner)上周在一份报告中写道：“由于有证据表明通胀压力上升可能会持续更长时间，市场对美联储未来加息的看法已大幅提前。”“然而，正如鲍威尔主席11月新闻发布会所表明的那样，劳动力市场恢复最大就业的前景仍然是美联储最终何时开始积极收紧货币政策的关键考虑因素。”</blockquote></p><p> Economic calendar</p><p><blockquote>经济日历</blockquote></p><p> <ul>  <li><b>Monday:</b>Pending home sales, month-over-month, October (0.7% expected, -2.3% in September); Dallas Federal Reserve Manufacturing Activity Index, November (17.0 expected, 14.6 in October)</p><p><blockquote><ul><li><b>星期一：</b>10月份待售房屋环比（预期0.7%，9月份-2.3%）；11月达拉斯联储制造业活动指数（预期17.0，10月14.6）</li></ul></blockquote></p><p></p><p></li>  <li><b>Tuesday:</b>FHFA House Price Index, month-over-month, September (1.2% expected, 1.0% in August); S&amp;P CoreLogic Case-Shiller 20-City Composite Index, month-over-month, September (1.30% expected, 1.17% in August); S&amp;P CoreLogic Case-Shiller 20-City Composite Index, September (19.66% during prior month); MNI Chicago PMI, November (67.0 expected, 68.4 in October); Conference Board Consumer Confidence Index, November (110.0 expected, 113.8 in October)</p><p><blockquote><li><b>星期二：</b>9月FHFA房价指数环比（预期为1.2%，8月为1.0%）；S&amp;P CoreLogic Case-Shiller 20城综合指数，9月环比（预期1.30%，8月1.17%）；S&amp;P CoreLogic Case-Shiller 20城市综合指数，9月（上月为19.66%）；11月MNI芝加哥PMI（预期67.0，10月68.4）；世界大型企业联合会11月消费者信心指数（预期110.0，10月113.8）</li></blockquote></p><p></li>  <li><b>Wednesday:</b>MBA Mortgage Applications, November 26 (1.8% during prior week); ADP Employment Change, November (515,000 expected, 571,000 in October); Markit U.S. Manufacturing PMI, November final (59.1 during prior month); Construction Spending, month-over-month, October (0.5% expected, -0.5% in September); ISM Manufacturing, November (61.0 expected, 60.8 in October); Federal Reserve releases Beige Book</p><p><blockquote><li><b>星期三：</b>MBA抵押贷款申请，11月26日（前一周为1.8%）；11月ADP就业变化（预期51.5万人，10月57.1万人）；Markit美国制造业PMI，11月终值（上月为59.1）；10月份建筑支出环比（预期0.5%，9月份-0.5%）；ISM制造业，11月（预期61.0，10月60.8）；美联储发布褐皮书</li></blockquote></p><p></li>  <li><b>Thursday:</b>Challenger job cuts, November (-71.7% in October); Initial jobless claims, week ended Nov. 27 (199,000 during prior week); Continuing claims, Nov. 20 (2.049 during prior week)</p><p><blockquote><li><b>星期四：</b>挑战者裁员，11月（10月为-71.7%）；截至11月27日当周首次申请失业救济人数（前一周为199,000人）；11月20日持续申请失业救济人数（前一周为2.049）</li></blockquote></p><p></li>  <li><b>Friday:</b>Change in non-farm payrolls, November (500,000 expected, 531,000 in October); Unemployment rate, November (4.5% expected, 4.6% in October); Average Hourly Earnings, month-over-month, November (0.4% expected, 0.4% in October); Average Hourly Earnings, year-over-year, November (5.0% expected, 4.9% in October); Markit U.S. Services PMI, November final (57.0 in prior print); Markit U.S. Composite PMI, November final (56.5 in prior print); ISM Services Index, November (65.0 expected, 66.7 in October); Factory Orders, October (0.5% expected, 0.2% in September); Durable Goods Orders, October final (-0.5% in prior print)</p><p><blockquote><li><b>星期五：</b>11月非农就业人数变化（预期50万，10月53.1万）；11月失业率（预期4.5%，10月4.6%）；11月平均时薪环比（预期0.4%，10月0.4%）；11月平均时薪同比（预期5.0%，10月4.9%）；Markit美国服务业PMI，11月最终数据（上一期为57.0）；Markit美国综合PMI，11月最终数据（上一期为56.5）；ISM服务业指数，11月（预期65.0，10月66.7）；10月工厂订单（预期0.5%，9月0.2%）；耐用品订单，10月份最终（上次打印为-0.5%）</li></blockquote></p><p></li> </ul> Earnings calendar</p><p><blockquote>盈利日历</blockquote></p><p> <ul>  <li><b>Monday:</b><i>No notable reports scheduled for release</i></p><p><blockquote><ul><li><b>星期一：</b><i>没有计划发布值得注意的报告</i></li></ul></blockquote></p><p></li>  <li><b>Tuesday:</b>Salesforce.com (CRM) after market close</p><p><blockquote><li><b>星期二：</b>Salesforce.com(CRM)收盘后</li></blockquote></p><p></li>  <li><b>Wednesday:</b>PVH Corp. (PVH) after market close</p><p><blockquote><li><b>星期三：</b>PVH Corp.(PVH)收盘后</li></blockquote></p><p></li>  <li><b>Thursday:</b>Dollar General (DG), Kroger (KR) before market open; Ulta Beauty (ULTA) after market close</p><p><blockquote><li><b>星期四：</b>Dollar General(DG)、Kroger(KR)开盘前；Ulta Beauty(ULTA)收盘后</li></blockquote></p><p></li>  <li><b>Friday:</b><i>No notable reports scheduled for release</i></p><p><blockquote><li><b>星期五：</b><i>没有计划发布值得注意的报告</i></li></blockquote></p><p></li> </ul></p><p><blockquote></blockquote></p><p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>November jobs report: What to know this week<blockquote>11月就业报告：本周需要了解什么</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nNovember jobs report: What to know this week<blockquote>11月就业报告：本周需要了解什么</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">yahoo</strong><span class=\"h-time small\">2021-11-29 07:06</span>\n</p>\n</h4>\n</header>\n<article>\n<p>As investors return from the Thanksgiving-shortened trading week, focus will shift to the U.S. labor market.</p><p><blockquote>随着投资者从感恩节缩短的交易周回归，焦点将转向美国劳动力市场。</blockquote></p><p> The Labor Department's monthly jobs report due for release on Friday is set to provide an updated snapshot of the strength in hiring and labor force participation in the U.S. economy. Consensus economists are looking for a half-million jobs to have returned in November, with the pace of hiring slowing only slightly from October's 531,000 gain. The unemployment rate is also expected to improve further to 4.5% from October's 4.6%, reaching the lowest level since March 2020.</p><p><blockquote>美国劳工部将于周五发布的月度就业报告将提供美国经济中招聘和劳动力参与实力的最新快照。经济学家一致认为，11月份将有50万个工作岗位回归，招聘速度仅较10月份的531,000个略有放缓。失业率也有望从10月的4.6%进一步改善至4.5%，达到2020年3月以来的最低水平。</blockquote></p><p> \"We expect non-farm payrolls to have risen by 500,000 in November, but the growing risk of a winter COVID wave and a dwindling supply of available workers will weigh on jobs growth soon,\" wrote Paul Ashworth, chief North America economist for Capital Economics, in a note last week.</p><p><blockquote>凯投宏观(Capital Economics)首席北美经济学家保罗·阿什沃斯(Paul Ashworth)写道：“我们预计11月份非农就业人数将增加50万人，但冬季新冠疫情风险不断增加以及可用工人供应减少将很快拖累就业增长。”，在上周的一份报告中。</blockquote></p><p> \"Employment growth can’t continue at this pace for much longer unless the labor force stages a more notable recovery. If anything, labor supply could<i>worsen</i>over the coming months as the federal vaccine mandate covering 100 [million] workers begins on January 4,\" Ashworth added. \"That suggests wage growth will remain strong, and we expect a 0.4% [month-over-month] rise in average hourly earnings in October.\"</p><p><blockquote>“除非劳动力出现更显著的复苏，否则就业增长不可能以这种速度持续太久。如果说有什么不同的话，那就是劳动力供应可以<i>恶化</i>随着覆盖1亿工人的联邦疫苗授权于1月4日开始，未来几个月，”阿什沃斯补充道。“这表明工资增长将保持强劲，我们预计10月份平均时薪将[环比]增长0.4%。”</blockquote></p><p> On a year-over-year basis, average hourly earnings are expected to rise by 5.0%, accelerating even further after October's already marked 4.9% rise and representing the fastest wage growth rate since February.</p><p><blockquote>与去年同期相比，平均时薪预计将增长5.0%，继10月份已经显着增长4.9%之后进一步加速，这是自2月份以来最快的工资增长率。</blockquote></p><p> Growing average wages and a tight labor market — while a positive for consumers and their ability to spend — has also stoked concerns over persistent inflation. Last week's Personal Consumption Expenditures (PCE) deflator from the Bureau of Economic Analysis for October showed an annual jump of 5.0% in the index, or the biggest rise since 1990. And the core PCE, or the Fed's preferred inflation gauge stripping out volatile food and energy prices, rose by 4.1% year-over-year — the most in three decades.</p><p><blockquote>平均工资增长和劳动力市场紧张虽然对消费者及其消费能力有利，但也引发了人们对持续通胀的担忧。上周经济分析局公布的10月份个人消费支出(PCE)平减指数显示，该指数年率上涨5.0%，创1990年以来最大涨幅。核心PCE（即美联储首选的剔除波动较大的食品和能源价格的通胀指标）同比上涨4.1%，为三十年来的最高水平。</blockquote></p><p> Other recent data have homed in on the tight labor market and presaged a potentially strong November jobs report. Last week'sinitial jobless claims fell to a 52-year low of 199,000, taking out both the prior pandemic-era low and pre-pandemic average for new first-time filings. This served as yet another point underscoring the steep competition for labor among U.S. employers, with companies attempting to hire and retain their existing workforces amid widespread labor shortages.</p><p><blockquote>最近的其他数据集中在紧张的劳动力市场上，并预示着11月份就业报告可能强劲。上周首次申请失业救济人数降至19.9万人的52年低点，打破了之前大流行时期的低点和大流行前新首次申请失业救济人数的平均值。这再次凸显了美国雇主之间对劳动力的激烈竞争，在劳动力普遍短缺的情况下，公司试图雇用和留住现有劳动力。</blockquote></p><p> Even given these lingering scarcities, the labor force participation rate has yet to return to pre-pandemic levels. The civilian labor force was still down by nearly 3 million participants compared to February 2020, with lingering concerns over the virus and adesire by many working-age individuals to seek out new roles with better flexibility and benefitsstill keeping many individuals on the sidelines of the workforce. Consensus economists expect the labor force participation rate to tick up only slightly in November to reach 61.7%, growing from October's 61.6% but coming in well below the 63.3% rate from February 2020.</p><p><blockquote>即使考虑到这些挥之不去的短缺，劳动力参与率仍未恢复到大流行前的水平。与2020年2月相比，平民劳动力仍减少了近300万参与者，对病毒的担忧挥之不去，许多工作年龄的人渴望寻找具有更好灵活性和福利的新角色，这仍然使许多人处于劳动力的边缘。经济学家普遍预计，11月份劳动力参与率仅略有上升，达到61.7%，高于10月份的61.6%，但远低于2020年2月的63.3%。</blockquote></p><p> Returning the economy back to pre-pandemic labor force participation levels and ensuring job gains are seen equitably across different groups has become a key focus for the Federal Reserve. And the distance still left to make up on these fronts has also been the biggest factor keeping the Fed ultra-accommodative with its monetary policy support, even after a parade of hotter-than-expected inflation reports that would appear to warrant a more hawkish policy tilt and a quicker-than-expected hike to interest rates.Fed Chair Jerome Powell's renomination to remain as head of the central bankfurther suggests the Fed's focus on the labor market as a critical informing factor for monetary policy will remain.</p><p><blockquote>将经济恢复到大流行前的劳动力参与水平，并确保不同群体公平地看到就业增长，已成为美联储的一个重点关注点。在这些方面仍有待弥补的距离也是美联储货币政策支持保持超宽松的最大因素，即使在一系列高于预期的通胀报告似乎需要采取更强硬的政策倾斜美联储主席杰罗姆·鲍威尔再次被提名继续担任央行行长进一步表明，美联储将继续关注劳动力市场，将其作为货币政策的关键信息因素。</blockquote></p><p> \"Market views for future Fed rate increases have been pulled forward aggressively in response to evidence that elevated inflation pressures are likely to persist for longer,\" wrote Deutsche Bank economist Justin Weidner in a note last week. \"However, as Chair Powell's November press conference made evident, prospects for the labor market to return to maximum employment remain a critical consideration for when the Fed will eventually begin to actively tighten monetary policy.\"</p><p><blockquote>德意志银行经济学家贾斯汀·魏德纳(Justin Weidner)上周在一份报告中写道：“由于有证据表明通胀压力上升可能会持续更长时间，市场对美联储未来加息的看法已大幅提前。”“然而，正如鲍威尔主席11月新闻发布会所表明的那样，劳动力市场恢复最大就业的前景仍然是美联储最终何时开始积极收紧货币政策的关键考虑因素。”</blockquote></p><p> Economic calendar</p><p><blockquote>经济日历</blockquote></p><p> <ul>  <li><b>Monday:</b>Pending home sales, month-over-month, October (0.7% expected, -2.3% in September); Dallas Federal Reserve Manufacturing Activity Index, November (17.0 expected, 14.6 in October)</p><p><blockquote><ul><li><b>星期一：</b>10月份待售房屋环比（预期0.7%，9月份-2.3%）；11月达拉斯联储制造业活动指数（预期17.0，10月14.6）</li></ul></blockquote></p><p></p><p></li>  <li><b>Tuesday:</b>FHFA House Price Index, month-over-month, September (1.2% expected, 1.0% in August); S&amp;P CoreLogic Case-Shiller 20-City Composite Index, month-over-month, September (1.30% expected, 1.17% in August); S&amp;P CoreLogic Case-Shiller 20-City Composite Index, September (19.66% during prior month); MNI Chicago PMI, November (67.0 expected, 68.4 in October); Conference Board Consumer Confidence Index, November (110.0 expected, 113.8 in October)</p><p><blockquote><li><b>星期二：</b>9月FHFA房价指数环比（预期为1.2%，8月为1.0%）；S&amp;P CoreLogic Case-Shiller 20城综合指数，9月环比（预期1.30%，8月1.17%）；S&amp;P CoreLogic Case-Shiller 20城市综合指数，9月（上月为19.66%）；11月MNI芝加哥PMI（预期67.0，10月68.4）；世界大型企业联合会11月消费者信心指数（预期110.0，10月113.8）</li></blockquote></p><p></li>  <li><b>Wednesday:</b>MBA Mortgage Applications, November 26 (1.8% during prior week); ADP Employment Change, November (515,000 expected, 571,000 in October); Markit U.S. Manufacturing PMI, November final (59.1 during prior month); Construction Spending, month-over-month, October (0.5% expected, -0.5% in September); ISM Manufacturing, November (61.0 expected, 60.8 in October); Federal Reserve releases Beige Book</p><p><blockquote><li><b>星期三：</b>MBA抵押贷款申请，11月26日（前一周为1.8%）；11月ADP就业变化（预期51.5万人，10月57.1万人）；Markit美国制造业PMI，11月终值（上月为59.1）；10月份建筑支出环比（预期0.5%，9月份-0.5%）；ISM制造业，11月（预期61.0，10月60.8）；美联储发布褐皮书</li></blockquote></p><p></li>  <li><b>Thursday:</b>Challenger job cuts, November (-71.7% in October); Initial jobless claims, week ended Nov. 27 (199,000 during prior week); Continuing claims, Nov. 20 (2.049 during prior week)</p><p><blockquote><li><b>星期四：</b>挑战者裁员，11月（10月为-71.7%）；截至11月27日当周首次申请失业救济人数（前一周为199,000人）；11月20日持续申请失业救济人数（前一周为2.049）</li></blockquote></p><p></li>  <li><b>Friday:</b>Change in non-farm payrolls, November (500,000 expected, 531,000 in October); Unemployment rate, November (4.5% expected, 4.6% in October); Average Hourly Earnings, month-over-month, November (0.4% expected, 0.4% in October); Average Hourly Earnings, year-over-year, November (5.0% expected, 4.9% in October); Markit U.S. Services PMI, November final (57.0 in prior print); Markit U.S. Composite PMI, November final (56.5 in prior print); ISM Services Index, November (65.0 expected, 66.7 in October); Factory Orders, October (0.5% expected, 0.2% in September); Durable Goods Orders, October final (-0.5% in prior print)</p><p><blockquote><li><b>星期五：</b>11月非农就业人数变化（预期50万，10月53.1万）；11月失业率（预期4.5%，10月4.6%）；11月平均时薪环比（预期0.4%，10月0.4%）；11月平均时薪同比（预期5.0%，10月4.9%）；Markit美国服务业PMI，11月最终数据（上一期为57.0）；Markit美国综合PMI，11月最终数据（上一期为56.5）；ISM服务业指数，11月（预期65.0，10月66.7）；10月工厂订单（预期0.5%，9月0.2%）；耐用品订单，10月份最终（上次打印为-0.5%）</li></blockquote></p><p></li> </ul> Earnings calendar</p><p><blockquote>盈利日历</blockquote></p><p> <ul>  <li><b>Monday:</b><i>No notable reports scheduled for release</i></p><p><blockquote><ul><li><b>星期一：</b><i>没有计划发布值得注意的报告</i></li></ul></blockquote></p><p></li>  <li><b>Tuesday:</b>Salesforce.com (CRM) after market close</p><p><blockquote><li><b>星期二：</b>Salesforce.com(CRM)收盘后</li></blockquote></p><p></li>  <li><b>Wednesday:</b>PVH Corp. (PVH) after market close</p><p><blockquote><li><b>星期三：</b>PVH Corp.(PVH)收盘后</li></blockquote></p><p></li>  <li><b>Thursday:</b>Dollar General (DG), Kroger (KR) before market open; Ulta Beauty (ULTA) after market close</p><p><blockquote><li><b>星期四：</b>Dollar General(DG)、Kroger(KR)开盘前；Ulta Beauty(ULTA)收盘后</li></blockquote></p><p></li>  <li><b>Friday:</b><i>No notable reports scheduled for release</i></p><p><blockquote><li><b>星期五：</b><i>没有计划发布值得注意的报告</i></li></blockquote></p><p></li> </ul></p><p><blockquote></blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://finance.yahoo.com/news/november-jobs-report-what-to-know-this-week-144428419.html\">yahoo</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"CRM":"赛富时"},"source_url":"https://finance.yahoo.com/news/november-jobs-report-what-to-know-this-week-144428419.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1124072014","content_text":"As investors return from the Thanksgiving-shortened trading week, focus will shift to the U.S. labor market.\nThe Labor Department's monthly jobs report due for release on Friday is set to provide an updated snapshot of the strength in hiring and labor force participation in the U.S. economy. Consensus economists are looking for a half-million jobs to have returned in November, with the pace of hiring slowing only slightly from October's 531,000 gain. The unemployment rate is also expected to improve further to 4.5% from October's 4.6%, reaching the lowest level since March 2020.\n\"We expect non-farm payrolls to have risen by 500,000 in November, but the growing risk of a winter COVID wave and a dwindling supply of available workers will weigh on jobs growth soon,\" wrote Paul Ashworth, chief North America economist for Capital Economics, in a note last week.\n\"Employment growth can’t continue at this pace for much longer unless the labor force stages a more notable recovery. If anything, labor supply couldworsenover the coming months as the federal vaccine mandate covering 100 [million] workers begins on January 4,\" Ashworth added. \"That suggests wage growth will remain strong, and we expect a 0.4% [month-over-month] rise in average hourly earnings in October.\"\nOn a year-over-year basis, average hourly earnings are expected to rise by 5.0%, accelerating even further after October's already marked 4.9% rise and representing the fastest wage growth rate since February.\nGrowing average wages and a tight labor market — while a positive for consumers and their ability to spend — has also stoked concerns over persistent inflation. Last week's Personal Consumption Expenditures (PCE) deflator from the Bureau of Economic Analysis for October showed an annual jump of 5.0% in the index, or the biggest rise since 1990. And the core PCE, or the Fed's preferred inflation gauge stripping out volatile food and energy prices, rose by 4.1% year-over-year — the most in three decades.\nOther recent data have homed in on the tight labor market and presaged a potentially strong November jobs report. Last week'sinitial jobless claims fell to a 52-year low of 199,000, taking out both the prior pandemic-era low and pre-pandemic average for new first-time filings. This served as yet another point underscoring the steep competition for labor among U.S. employers, with companies attempting to hire and retain their existing workforces amid widespread labor shortages.\nEven given these lingering scarcities, the labor force participation rate has yet to return to pre-pandemic levels. The civilian labor force was still down by nearly 3 million participants compared to February 2020, with lingering concerns over the virus and adesire by many working-age individuals to seek out new roles with better flexibility and benefitsstill keeping many individuals on the sidelines of the workforce. Consensus economists expect the labor force participation rate to tick up only slightly in November to reach 61.7%, growing from October's 61.6% but coming in well below the 63.3% rate from February 2020.\nReturning the economy back to pre-pandemic labor force participation levels and ensuring job gains are seen equitably across different groups has become a key focus for the Federal Reserve. And the distance still left to make up on these fronts has also been the biggest factor keeping the Fed ultra-accommodative with its monetary policy support, even after a parade of hotter-than-expected inflation reports that would appear to warrant a more hawkish policy tilt and a quicker-than-expected hike to interest rates.Fed Chair Jerome Powell's renomination to remain as head of the central bankfurther suggests the Fed's focus on the labor market as a critical informing factor for monetary policy will remain.\n\"Market views for future Fed rate increases have been pulled forward aggressively in response to evidence that elevated inflation pressures are likely to persist for longer,\" wrote Deutsche Bank economist Justin Weidner in a note last week. \"However, as Chair Powell's November press conference made evident, prospects for the labor market to return to maximum employment remain a critical consideration for when the Fed will eventually begin to actively tighten monetary policy.\"\nEconomic calendar\n\nMonday:Pending home sales, month-over-month, October (0.7% expected, -2.3% in September); Dallas Federal Reserve Manufacturing Activity Index, November (17.0 expected, 14.6 in October)\nTuesday:FHFA House Price Index, month-over-month, September (1.2% expected, 1.0% in August); S&P CoreLogic Case-Shiller 20-City Composite Index, month-over-month, September (1.30% expected, 1.17% in August); S&P CoreLogic Case-Shiller 20-City Composite Index, September (19.66% during prior month); MNI Chicago PMI, November (67.0 expected, 68.4 in October); Conference Board Consumer Confidence Index, November (110.0 expected, 113.8 in October)\nWednesday:MBA Mortgage Applications, November 26 (1.8% during prior week); ADP Employment Change, November (515,000 expected, 571,000 in October); Markit U.S. Manufacturing PMI, November final (59.1 during prior month); Construction Spending, month-over-month, October (0.5% expected, -0.5% in September); ISM Manufacturing, November (61.0 expected, 60.8 in October); Federal Reserve releases Beige Book\nThursday:Challenger job cuts, November (-71.7% in October); Initial jobless claims, week ended Nov. 27 (199,000 during prior week); Continuing claims, Nov. 20 (2.049 during prior week)\nFriday:Change in non-farm payrolls, November (500,000 expected, 531,000 in October); Unemployment rate, November (4.5% expected, 4.6% in October); Average Hourly Earnings, month-over-month, November (0.4% expected, 0.4% in October); Average Hourly Earnings, year-over-year, November (5.0% expected, 4.9% in October); Markit U.S. Services PMI, November final (57.0 in prior print); Markit U.S. Composite PMI, November final (56.5 in prior print); ISM Services Index, November (65.0 expected, 66.7 in October); Factory Orders, October (0.5% expected, 0.2% in September); Durable Goods Orders, October final (-0.5% in prior print)\n\nEarnings calendar\n\nMonday:No notable reports scheduled for release\nTuesday:Salesforce.com (CRM) after market close\nWednesday:PVH Corp. (PVH) after market close\nThursday:Dollar General (DG), Kroger (KR) before market open; Ulta Beauty (ULTA) after market close\nFriday:No notable reports scheduled for release","news_type":1,"symbols_score_info":{"CRM":0.9}},"isVote":1,"tweetType":1,"viewCount":2654,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":600090170,"gmtCreate":1637997458524,"gmtModify":1637997458834,"author":{"id":"3565687171198207","authorId":"3565687171198207","name":"Holla","avatar":"https://static.tigerbbs.com/c0b0e402ff8043410cc67ffccbfe2174","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3565687171198207","authorIdStr":"3565687171198207"},"themes":[],"htmlText":"Like pls","listText":"Like pls","text":"Like pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/600090170","repostId":"1138332509","repostType":4,"isVote":1,"tweetType":1,"viewCount":2963,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":600090326,"gmtCreate":1637997450368,"gmtModify":1637997450654,"author":{"id":"3565687171198207","authorId":"3565687171198207","name":"Holla","avatar":"https://static.tigerbbs.com/c0b0e402ff8043410cc67ffccbfe2174","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3565687171198207","authorIdStr":"3565687171198207"},"themes":[],"htmlText":"Like pls","listText":"Like pls","text":"Like pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/600090326","repostId":"1137622508","repostType":4,"isVote":1,"tweetType":1,"viewCount":2655,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":600090018,"gmtCreate":1637997440943,"gmtModify":1637997441270,"author":{"id":"3565687171198207","authorId":"3565687171198207","name":"Holla","avatar":"https://static.tigerbbs.com/c0b0e402ff8043410cc67ffccbfe2174","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3565687171198207","authorIdStr":"3565687171198207"},"themes":[],"htmlText":"Like pls","listText":"Like pls","text":"Like pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/600090018","repostId":"1187736093","repostType":4,"repost":{"id":"1187736093","kind":"news","pubTimestamp":1637973799,"share":"https://www.laohu8.com/m/news/1187736093?lang=zh_CN&edition=full","pubTime":"2021-11-27 08:43","market":"us","language":"en","title":"Amazon faces Black Friday strikes by workers across Europe<blockquote>亚马逊面临欧洲各地工人的黑色星期五罢工</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1187736093","media":"CNN","summary":"Amazon(AMZN)is facing strikes by warehouse workers and delivery drivers across Europe as its busiest","content":"<p>Amazon(AMZN)is facing strikes by warehouse workers and delivery drivers across Europe as its busiest weekend of the year begins.</p><p><blockquote>随着一年中最繁忙的周末开始，亚马逊（AMZN）正面临欧洲各地仓库工人和送货司机的罢工。</blockquote></p><p> Labor unions in Germany, Italy and France are calling for the company to pay its workers fairly and respect their right to join unions. The strikes have been called to coincide with Amazon's annual Black Friday event, which kicks off a four-day shopping bonanza that culminates in Cyber Monday.</p><p><blockquote>德国、意大利和法国的工会呼吁该公司公平支付工人工资，并尊重他们加入工会的权利。此次罢工恰逢亚马逊一年一度的黑色星期五活动，该活动拉开了为期四天的购物热潮的序幕，并在网络星期一达到高潮。</blockquote></p><p> The action is part of a wider global protest organized by a group called Make Amazon Pay. The coalition of unions, environmentalists and tax campaigners has called for protests in22 countries around the world, including the United States, Canada, Brazil, and the United Kingdom.</p><p><blockquote>这一行动是由一个名为“让亚马逊支付”的组织组织的更广泛的全球抗议活动的一部分。工会、环保主义者和税收活动家联盟呼吁在全球22个国家举行抗议活动，包括美国、加拿大、巴西和英国。</blockquote></p><p> The international coalition is also demanding that Amazon \"pays its fair share of taxes and commits to real environmental sustainability.\"</p><p><blockquote>国际联盟还要求亚马逊“缴纳公平份额的税款，并致力于真正的环境可持续性。”</blockquote></p><p> An Amazon spokesperson said that the groups represented a variety of interests, and while the company was \"not perfect in any area\" it was taking its role and impact seriously.\"</p><p><blockquote>亚马逊发言人表示，这些团体代表了多种利益，虽然该公司“在任何领域都不完美”，但它正在认真对待自己的角色和影响。”</blockquote></p><p> We are inventing and investing significantly in all these areas, playing a significant role in addressing climate change with the Climate Pledge commitment to be net zero carbon by 2040, continuing to offer competitive wages and great benefits, and inventing new ways to keep our employees safe and healthy in our operations network, to name just a few,\" the spokesperson added.</p><p><blockquote>我们正在所有这些领域进行大量发明和投资，通过气候承诺到2040年实现净零碳，在应对气候变化方面发挥着重要作用，继续提供有竞争力的工资和丰厚的福利，并发明新的方法来保护我们的员工仅举几例，在我们的运营网络中保持安全和健康，”该发言人补充道。</blockquote></p><p> Some of its workers are not convinced.</p><p><blockquote>它的一些工人并不相信。</blockquote></p><p> Germany's giant Verdi union organized a strike of warehouse workers to coincide with the launch in Berlin of \"Amazon Workers against Surveillance,\" a group protesting the company's \"use of apps, hand scanners, browser tools and cameras to surveil its workforce 24/7.\"</p><p><blockquote>德国巨头威尔第工会组织了一次仓库工人罢工，恰逢“亚马逊工人反对监控”在柏林发起，该组织抗议该公司“使用应用程序、手持扫描仪、浏览器工具和摄像头全天候监控其员工”。</blockquote></p><p> \"Working almost anywhere at Amazon is stressful and hazardous to one's health,\" the group said in a statement on its website.</p><p><blockquote>该组织在其网站上的一份声明中表示：“在亚马逊几乎任何地方工作都充满压力，而且对健康有害。”</blockquote></p><p> In Italy, workers are planning to blockade warehouses and trucks at all Amazon centers across the country, and thousands of drivers are set to strike on Friday.</p><p><blockquote>在意大利，工人们正计划封锁全国所有亚马逊中心的仓库和卡车，数千名司机将于周五举行罢工。</blockquote></p><p> Warehouse workers are also striking in France, including at a logistics center in Lille, in support of demands for wage increases and bonuses, and an end to compulsory overtime.</p><p><blockquote>法国的仓库工人也在罢工，包括里尔的一个物流中心，以支持增加工资和奖金以及结束强制加班的要求。</blockquote></p><p> They told CNN that Amazon has asked employees to work on all four Saturdays during December, in addition to their usual hours. For this overtime, they would get a bonus of €120 euros ($136) subject to certain conditions, the workers said.</p><p><blockquote>他们告诉CNN，亚马逊要求员工除了正常工作时间外，在12月的所有四个周六都工作。工人们说，在某些条件下，他们将获得120欧元（136美元）的奖金。</blockquote></p><p> It's not clear how disruptive the strikes will be for Amazon, but this holiday shopping season is proving tough for retailers trying to satisfy strongconsumer demandin the face of supply chain disruptions, and shortages of workers and some goods.</p><p><blockquote>目前尚不清楚罢工对亚马逊的破坏性有多大，但事实证明，面对供应链中断、工人和某些商品短缺，这个假日购物季对于试图满足强劲消费者需求的零售商来说是艰难的。</blockquote></p><p> Make Amazon Pay was launched a year ago after 50 organizations held strikes and protests in 16 countries around the world, the coalition said.</p><p><blockquote>该联盟表示，一年前，在全球16个国家的50个组织举行罢工和抗议活动后，Make Amazon Pay推出。</blockquote></p><p> \"Today's actions show the scale of resistance to Amazon's exploitation at every link in its chain of abuse,\" said Casper Gelderblom, a coordinator of the group.</p><p><blockquote>该组织协调员卡斯珀·格尔德布洛姆(Casper Gelderblom)表示：“今天的行动显示了亚马逊滥用链各个环节对剥削的抵制程度。”</blockquote></p><p> \"Workers throughout the supply chain are demanding what's rightfully theirs when even Jeff Bezos admits their labor paid for his recent joy ride to space,\" he added.</p><p><blockquote>他补充道：“当杰夫·贝索斯也承认他们的劳动为他最近的太空之旅付出了代价时，整个供应链的工人都在要求理应属于他们的东西。”</blockquote></p><p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Amazon faces Black Friday strikes by workers across Europe<blockquote>亚马逊面临欧洲各地工人的黑色星期五罢工</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAmazon faces Black Friday strikes by workers across Europe<blockquote>亚马逊面临欧洲各地工人的黑色星期五罢工</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">CNN</strong><span class=\"h-time small\">2021-11-27 08:43</span>\n</p>\n</h4>\n</header>\n<article>\n<p>Amazon(AMZN)is facing strikes by warehouse workers and delivery drivers across Europe as its busiest weekend of the year begins.</p><p><blockquote>随着一年中最繁忙的周末开始，亚马逊（AMZN）正面临欧洲各地仓库工人和送货司机的罢工。</blockquote></p><p> Labor unions in Germany, Italy and France are calling for the company to pay its workers fairly and respect their right to join unions. The strikes have been called to coincide with Amazon's annual Black Friday event, which kicks off a four-day shopping bonanza that culminates in Cyber Monday.</p><p><blockquote>德国、意大利和法国的工会呼吁该公司公平支付工人工资，并尊重他们加入工会的权利。此次罢工恰逢亚马逊一年一度的黑色星期五活动，该活动拉开了为期四天的购物热潮的序幕，并在网络星期一达到高潮。</blockquote></p><p> The action is part of a wider global protest organized by a group called Make Amazon Pay. The coalition of unions, environmentalists and tax campaigners has called for protests in22 countries around the world, including the United States, Canada, Brazil, and the United Kingdom.</p><p><blockquote>这一行动是由一个名为“让亚马逊支付”的组织组织的更广泛的全球抗议活动的一部分。工会、环保主义者和税收活动家联盟呼吁在全球22个国家举行抗议活动，包括美国、加拿大、巴西和英国。</blockquote></p><p> The international coalition is also demanding that Amazon \"pays its fair share of taxes and commits to real environmental sustainability.\"</p><p><blockquote>国际联盟还要求亚马逊“缴纳公平份额的税款，并致力于真正的环境可持续性。”</blockquote></p><p> An Amazon spokesperson said that the groups represented a variety of interests, and while the company was \"not perfect in any area\" it was taking its role and impact seriously.\"</p><p><blockquote>亚马逊发言人表示，这些团体代表了多种利益，虽然该公司“在任何领域都不完美”，但它正在认真对待自己的角色和影响。”</blockquote></p><p> We are inventing and investing significantly in all these areas, playing a significant role in addressing climate change with the Climate Pledge commitment to be net zero carbon by 2040, continuing to offer competitive wages and great benefits, and inventing new ways to keep our employees safe and healthy in our operations network, to name just a few,\" the spokesperson added.</p><p><blockquote>我们正在所有这些领域进行大量发明和投资，通过气候承诺到2040年实现净零碳，在应对气候变化方面发挥着重要作用，继续提供有竞争力的工资和丰厚的福利，并发明新的方法来保护我们的员工仅举几例，在我们的运营网络中保持安全和健康，”该发言人补充道。</blockquote></p><p> Some of its workers are not convinced.</p><p><blockquote>它的一些工人并不相信。</blockquote></p><p> Germany's giant Verdi union organized a strike of warehouse workers to coincide with the launch in Berlin of \"Amazon Workers against Surveillance,\" a group protesting the company's \"use of apps, hand scanners, browser tools and cameras to surveil its workforce 24/7.\"</p><p><blockquote>德国巨头威尔第工会组织了一次仓库工人罢工，恰逢“亚马逊工人反对监控”在柏林发起，该组织抗议该公司“使用应用程序、手持扫描仪、浏览器工具和摄像头全天候监控其员工”。</blockquote></p><p> \"Working almost anywhere at Amazon is stressful and hazardous to one's health,\" the group said in a statement on its website.</p><p><blockquote>该组织在其网站上的一份声明中表示：“在亚马逊几乎任何地方工作都充满压力，而且对健康有害。”</blockquote></p><p> In Italy, workers are planning to blockade warehouses and trucks at all Amazon centers across the country, and thousands of drivers are set to strike on Friday.</p><p><blockquote>在意大利，工人们正计划封锁全国所有亚马逊中心的仓库和卡车，数千名司机将于周五举行罢工。</blockquote></p><p> Warehouse workers are also striking in France, including at a logistics center in Lille, in support of demands for wage increases and bonuses, and an end to compulsory overtime.</p><p><blockquote>法国的仓库工人也在罢工，包括里尔的一个物流中心，以支持增加工资和奖金以及结束强制加班的要求。</blockquote></p><p> They told CNN that Amazon has asked employees to work on all four Saturdays during December, in addition to their usual hours. For this overtime, they would get a bonus of €120 euros ($136) subject to certain conditions, the workers said.</p><p><blockquote>他们告诉CNN，亚马逊要求员工除了正常工作时间外，在12月的所有四个周六都工作。工人们说，在某些条件下，他们将获得120欧元（136美元）的奖金。</blockquote></p><p> It's not clear how disruptive the strikes will be for Amazon, but this holiday shopping season is proving tough for retailers trying to satisfy strongconsumer demandin the face of supply chain disruptions, and shortages of workers and some goods.</p><p><blockquote>目前尚不清楚罢工对亚马逊的破坏性有多大，但事实证明，面对供应链中断、工人和某些商品短缺，这个假日购物季对于试图满足强劲消费者需求的零售商来说是艰难的。</blockquote></p><p> Make Amazon Pay was launched a year ago after 50 organizations held strikes and protests in 16 countries around the world, the coalition said.</p><p><blockquote>该联盟表示，一年前，在全球16个国家的50个组织举行罢工和抗议活动后，Make Amazon Pay推出。</blockquote></p><p> \"Today's actions show the scale of resistance to Amazon's exploitation at every link in its chain of abuse,\" said Casper Gelderblom, a coordinator of the group.</p><p><blockquote>该组织协调员卡斯珀·格尔德布洛姆(Casper Gelderblom)表示：“今天的行动显示了亚马逊滥用链各个环节对剥削的抵制程度。”</blockquote></p><p> \"Workers throughout the supply chain are demanding what's rightfully theirs when even Jeff Bezos admits their labor paid for his recent joy ride to space,\" he added.</p><p><blockquote>他补充道：“当杰夫·贝索斯也承认他们的劳动为他最近的太空之旅付出了代价时，整个供应链的工人都在要求理应属于他们的东西。”</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://edition.cnn.com/2021/11/26/tech/amazon-workers-strike-shopping-holiday/index.html\">CNN</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AMZN":"亚马逊"},"source_url":"https://edition.cnn.com/2021/11/26/tech/amazon-workers-strike-shopping-holiday/index.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1187736093","content_text":"Amazon(AMZN)is facing strikes by warehouse workers and delivery drivers across Europe as its busiest weekend of the year begins.\nLabor unions in Germany, Italy and France are calling for the company to pay its workers fairly and respect their right to join unions. The strikes have been called to coincide with Amazon's annual Black Friday event, which kicks off a four-day shopping bonanza that culminates in Cyber Monday.\nThe action is part of a wider global protest organized by a group called Make Amazon Pay. The coalition of unions, environmentalists and tax campaigners has called for protests in22 countries around the world, including the United States, Canada, Brazil, and the United Kingdom.\nThe international coalition is also demanding that Amazon \"pays its fair share of taxes and commits to real environmental sustainability.\"\nAn Amazon spokesperson said that the groups represented a variety of interests, and while the company was \"not perfect in any area\" it was taking its role and impact seriously.\"\nWe are inventing and investing significantly in all these areas, playing a significant role in addressing climate change with the Climate Pledge commitment to be net zero carbon by 2040, continuing to offer competitive wages and great benefits, and inventing new ways to keep our employees safe and healthy in our operations network, to name just a few,\" the spokesperson added.\nSome of its workers are not convinced.\nGermany's giant Verdi union organized a strike of warehouse workers to coincide with the launch in Berlin of \"Amazon Workers against Surveillance,\" a group protesting the company's \"use of apps, hand scanners, browser tools and cameras to surveil its workforce 24/7.\"\n\"Working almost anywhere at Amazon is stressful and hazardous to one's health,\" the group said in a statement on its website.\nIn Italy, workers are planning to blockade warehouses and trucks at all Amazon centers across the country, and thousands of drivers are set to strike on Friday.\nWarehouse workers are also striking in France, including at a logistics center in Lille, in support of demands for wage increases and bonuses, and an end to compulsory overtime.\nThey told CNN that Amazon has asked employees to work on all four Saturdays during December, in addition to their usual hours. For this overtime, they would get a bonus of €120 euros ($136) subject to certain conditions, the workers said.\nIt's not clear how disruptive the strikes will be for Amazon, but this holiday shopping season is proving tough for retailers trying to satisfy strongconsumer demandin the face of supply chain disruptions, and shortages of workers and some goods.\nMake Amazon Pay was launched a year ago after 50 organizations held strikes and protests in 16 countries around the world, the coalition said.\n\"Today's actions show the scale of resistance to Amazon's exploitation at every link in its chain of abuse,\" said Casper Gelderblom, a coordinator of the group.\n\"Workers throughout the supply chain are demanding what's rightfully theirs when even Jeff Bezos admits their labor paid for his recent joy ride to space,\" he added.","news_type":1,"symbols_score_info":{"AMZN":0.9}},"isVote":1,"tweetType":1,"viewCount":2664,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":600007722,"gmtCreate":1637997414955,"gmtModify":1637997415223,"author":{"id":"3565687171198207","authorId":"3565687171198207","name":"Holla","avatar":"https://static.tigerbbs.com/c0b0e402ff8043410cc67ffccbfe2174","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3565687171198207","authorIdStr":"3565687171198207"},"themes":[],"htmlText":"Like pls","listText":"Like pls","text":"Like pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/600007722","repostId":"2186344334","repostType":4,"isVote":1,"tweetType":1,"viewCount":2901,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":874459690,"gmtCreate":1637814516801,"gmtModify":1637814517075,"author":{"id":"3565687171198207","authorId":"3565687171198207","name":"Holla","avatar":"https://static.tigerbbs.com/c0b0e402ff8043410cc67ffccbfe2174","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3565687171198207","authorIdStr":"3565687171198207"},"themes":[],"htmlText":"Like pls","listText":"Like pls","text":"Like pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/874459690","repostId":"1105652487","repostType":4,"repost":{"id":"1105652487","kind":"news","weMediaInfo":{"introduction":"Stock Market Quotes, Business News, Financial News, Trading Ideas, and Stock Research by Professionals","home_visible":0,"media_name":"Benzinga","id":"1052270027","head_image":"https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa"},"pubTimestamp":1637812434,"share":"https://www.laohu8.com/m/news/1105652487?lang=zh_CN&edition=full","pubTime":"2021-11-25 11:53","market":"us","language":"en","title":"Stock Wars: Ford Vs. Tesla<blockquote>股票大战：福特与福特特斯拉</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1105652487","media":"Benzinga","summary":"This week, the duel is between two of the most prominent and often controversial companies in the hi","content":"<p><i>This week, the duel is between two of the most prominent and often controversial companies in the history of the automobile industry:</i><i><b>Ford Motor Company</b></i>&nbsp;<i>and</i>&nbsp;<i><b>Tesla Inc.</b></i><i>.</i></p><p><blockquote><i>本周，这场对决发生在汽车行业历史上最著名且经常引起争议的两家公司之间：</i><i><b>福特汽车公司</b></i> <i>和</i> <i><b>特斯拉公司。</b></i><i>.</i></blockquote></p><p> <b>The Case For Ford:</b>The Ford Motor Company was incorporated on June 16, 1903. Its namesake,<b>Henry Ford</b>, had previously started two unsuccessful automobile companies and was initially a vice president in this endeavor — he became president after<b>John S. Gray</b>, the original corporate captain, died of a heart attack in 1906.</p><p><blockquote><b>福特的案例：</b>福特汽车公司成立于1903年6月16日。与其同名，<b>亨利福特</b>，之前创办了两家不成功的汽车公司，最初在这一努力中担任副总裁，后来成为总裁<b>约翰·S·格雷</b>最初的公司队长，于1906年死于心脏病。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/c58b93ef6e14ee7631343dfb09b568f5\" tg-width=\"1200\" tg-height=\"675\" width=\"100%\" height=\"auto\"></p><p><blockquote></blockquote></p><p> As a company president, Ford was credited with many innovations, including the modernization of the assembly line and instituting an eight-hour day/five days per week working schedule for his workforce.</p><p><blockquote>作为公司总裁，福特被认为有许多创新，包括装配线的现代化和为员工制定每天八小时/每周五天的工作时间表。</blockquote></p><p> Ford&nbsp;generated criticism for his political actions. He&nbsp;opposed U.S. entry into World War I, partnered with Stalin’s Soviet Union and Hitler’s Germany on automobile production in their regimes and financed anti-Semitic publications.</p><p><blockquote>福特因其政治行为而受到批评。他反对美国加入第一次世界大战，与斯大林的苏联和希特勒的德国合作生产汽车，并资助反犹太出版物。</blockquote></p><p> Today, Ford has facilities in 18 countries and a global workforce of more than 186,000 people.</p><p><blockquote>如今，福特在18个国家设有工厂，全球员工超过186,000人。</blockquote></p><p> Among its most recent developments, Ford announced a&nbsp;partnership&nbsp;with semiconductor manufacturer&nbsp;<b>GlobalFoundries Inc.</b>&nbsp;that will involve joint research and development to address the need for an increased chips volume to meet the automotive industry’s needs, including semiconductor solutions for ADAS, battery management systems and in-vehicle networking. The companies also plan to&nbsp;explore “expanded semiconductor manufacturing opportunities to support the automotive industry.”</p><p><blockquote>在最新进展中，福特宣布与半导体制造商建立合作伙伴关系<b>格罗方德公司。</b>这将涉及联合研发，以满足增加芯片数量的需求，以满足汽车行业的需求，包括ADAS、电池管理系统和车载网络的半导体解决方案。两家公司还计划探索“扩大半导体制造机会以支持汽车行业”。</blockquote></p><p> Last week, Ford CEO&nbsp;<b>Jim Farley</b>&nbsp;said the automaker&nbsp;planned&nbsp;to double its electric vehicle production by 2023 to a quantity of 600,000 vehicles a year by the end of 2023, with the goal of becoming the world’s leading EV manufacturer. But also last week, Ford&nbsp;canceled&nbsp;its plans to develop EVs with&nbsp;<b>Rivian Automotive, Inc.</b>, a company that Ford has backed since 2019.</p><p><blockquote>上周，福特首席执行官<b>吉姆·法利</b>表示，该汽车制造商计划到2023年将电动汽车产量翻一番，到2023年底达到每年60万辆，目标是成为全球领先的电动汽车制造商。但同样在上周，福特取消了开发电动汽车的计划<b>Rivian汽车公司。</b>，福特自2019年以来一直支持该公司。</blockquote></p><p> In its most recent quarterly earnings report, the third-quarter&nbsp;data published on Oct. 27, Ford saw revenue&nbsp;of $35.6 billion, down from $37.5 billion one year earlier. The company also recorded $1.83 billion in net income, a drop from $2.38 billion in the previous year. The third-quarter basic earnings per share of 46 cents was a drop from 60 cents year-over-year. Ford’s board of directors voted to reinstate a regular quarterly dividend starting in the fourth quarter.</p><p><blockquote>在10月27日发布的最新季度收益报告中，福特的营收为356亿美元，低于一年前的375亿美元。该公司还录得18.3亿美元的净利润，低于上一年的23.8亿美元。第三季度每股基本收益为46美分，同比下降60美分。福特董事会投票决定从第四季度开始恢复定期季度股息。</blockquote></p><p> In the company’s earnings call, Farley looked ahead to 2022 and insisted the company was “excited and energized about the opportunity in front of us and clear that we have so much more work to do to deliver on Ford's potential. The word I would leave you with is focus. The competitive environment has never been more interesting and tough, and we intend to live up to our promise to compete like a challenger, focusing on our top priorities to unlock Ford+ growth with customers at the very center of everything we do.”</p><p><blockquote>在公司的财报看涨期权中，法利展望了2022年，并坚称公司“对摆在我们面前的机会感到兴奋和充满活力，并且很明显，我们还有很多工作要做才能发挥福特的潜力。我想说的话留给你的是专注。竞争环境从未如此有趣和艰难，我们打算兑现我们的承诺，像挑战者一样竞争，专注于我们的首要任务，以客户为中心，实现福特+的增长。”</blockquote></p><p> Ford closed for Wednesday trading at $20.25, a hair below its 52-week high of $20.79 and far from its 52-week low of $8.43.</p><p><blockquote>福特周三收于20.25美元，略低于20.79美元的52周高点，也远低于8.43美元的52周低点。</blockquote></p><p> <b>The Case For Tesla:</b>While it impossible not to talk about Tesla without mentioning CEO&nbsp;<b>Elon Musk</b>, the South African-born entrepreneur was actually a latecomer to the company. Tesla was founded in July 2003 by&nbsp;<b>Martin Eberhard</b>&nbsp;and&nbsp;<b>Marc Tarpenning</b>, with Musk coming on board in February 2004 as chairman via a $6.5-million investment. Musk would become CEO in 2008, with Eberhard and Tarpenning being maneuvered out of the corporate leadership.</p><p><blockquote><b>特斯拉的案例：</b>虽然谈论特斯拉不可能不提到首席执行官<b>埃隆·马斯克</b>，这位出生于南非的企业家实际上是该公司的后来者。特斯拉成立于2003年7月，由<b>马丁·埃伯哈德</b>和<b>马克·塔彭宁</b>马斯克于2004年2月投资650万美元出任董事长。马斯克将于2008年成为首席执行官，埃伯哈德和塔彭宁被排除在公司领导层之外。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/e4be4fd3aebf3f6c0cdcd64acc204e8b\" tg-width=\"1920\" tg-height=\"1080\" width=\"100%\" height=\"auto\"></p><p><blockquote></blockquote></p><p> Under Musk, Tesla established itself as the power player in the EV sector —&nbsp;its Model 3 became the first EV to sell 1 million units globally last June, and last month it achieved a $1-trillion market capitalization, which made Musk the world’s richest man.</p><p><blockquote>在马斯克的领导下，特斯拉确立了自己在电动汽车领域的强势地位——去年6月，其Model 3成为第一款全球销量100万辆的电动汽车，上个月市值达到1万亿美元，这使马斯克成为世界首富。</blockquote></p><p> Tesla has a workforce of less than 71,000 and 12 manufacturing facilities spread across the U.S., Canada, Germany and China. Three additional facilities, two in the U.S and one in Germany, are slated to open next year.</p><p><blockquote>特斯拉拥有不到71,000名员工，在美、加、德、中拥有12家制造工厂。另外三个设施，两个在美国，一个在德国，计划于明年开业。</blockquote></p><p> Tesla has also weathered its share of controversies recently.&nbsp;Reuters&nbsp;reported Tuesday that employees at Tesla's new factory near Berlin have taken the first steps to set up a works council,&nbsp;a move that reportedly irritated Musk, who notoriously threatened to strip his U.S. workers of their stock options if they tried to unionize.</p><p><blockquote>特斯拉最近也经受住了争议。路透社周二报道称，特斯拉柏林附近新工厂的员工已经采取了成立劳资委员会的第一步，据报道，此举激怒了马斯克，众所周知，马斯克威胁说，如果美国工人试图成立工会，他将剥夺他们的股票期权。</blockquote></p><p></p><p> The German&nbsp;<b>IG Metall</b>&nbsp;trade union also reported the Berlin Tesla plant is offering wages that are&nbsp;20% below the collectively bargained wages offered at other German automakers.</p><p><blockquote>德国人<b>IG金属</b>工会还报告称，柏林特斯拉工厂提供的工资比其他德国汽车制造商提供的集体谈判工资低20%。</blockquote></p><p> Last week,news percolated&nbsp;of a sexual harassment lawsuit filed by a woman at the company’s factory in Fremont, California. And the&nbsp;<b>National Highway Traffic Safety Administration</b>(NHTSA) has&nbsp;sought data&nbsp;from all Tesla vehicles produced since 2014 to related to its Autopilot system, with&nbsp;the company’s self-driving cars having crashed into emergency vehicles at least 11 times.</p><p><blockquote>上周，有消息称一名女性在该公司位于加利福尼亚州弗里蒙特的工厂提起性骚扰诉讼。和<b>国家公路交通安全管理局</b>（NHTSA）已从2014年以来生产的所有特斯拉汽车中寻找与其自动驾驶系统相关的数据，该公司的自动驾驶汽车至少11次撞上紧急车辆。</blockquote></p><p> In its most recent earnings report, the third-quarter&nbsp;data published on Oct. 20, Tesla saw revenues of $13.7 billion, up from $8.7 billion one year earlier. Net income was $1.6 billion for the quarter, up from $331 million in the previous year. The diluted EPS of $1.44 was up year-over-year from 27 cents.</p><p><blockquote>在10月20日发布的最新财报第三季度数据中，特斯拉营收为137亿美元，高于一年前的87亿美元。该季度净利润为16亿美元，高于去年同期的3.31亿美元。稀释后每股收益为1.44美元，同比增长27美分。</blockquote></p><p> The quarterly report acknowledged the performance could have been better.</p><p><blockquote>季度报告承认业绩本来可以更好。</blockquote></p><p> “A variety of challenges, including semiconductor shortages, congestion at ports and rolling blackouts, have been impacting our ability to keep factories running at full speed,” the report stated. “We believe our supply chain, engineering and production teams have been dealing with these global challenges with ingenuity, agility and flexibility that is unparalleled in the automotive industry.”</p><p><blockquote>报告称：“包括半导体短缺、港口拥堵和轮流停电在内的各种挑战一直在影响我们保持工厂全速运转的能力。”“我们相信，我们的供应链、工程和生产团队一直在以汽车行业无与伦比的独创性、敏捷性和灵活性应对这些全球挑战。”</blockquote></p><p> Tesla closed for trading on Wednesday at $1,116, closer to its 52-week high of $1,243.49 and far from its 52-week low of $526.20.</p><p><blockquote>特斯拉周三收于1116美元，接近52周高点1243.49美元，远低于52周低点526.20美元。</blockquote></p><p> <b>The Verdict:</b>More than a few Benzinga readers may consider this statement to be the stock market equivalent of apostasy, but the winner in this Stock Wars duel is easily Ford and not Tesla. There are four key reasons why Ford is the stronger stock.</p><p><blockquote><b>判决：</b>不少Benzinga读者可能会认为这种说法在股市上相当于叛教，但这场股票大战决斗的赢家很容易是福特而不是特斯拉。福特股票走强有四个关键原因。</blockquote></p><p> First, Ford is admittedly late to the EV game, but it has manufacturing resources that Tesla lacks. Farley’s goal of making Ford the world’s biggest EV company is not farfetched based on its global presence. Tesla is late to the European market and might be putting too much hope on gaining a leadership position in China, where U.S. companies are never allowed to be a dominant player in any sector.</p><p><blockquote>首先，诚然，福特在电动汽车领域起步较晚，但福特拥有特斯拉所缺乏的制造资源。基于福特在全球的影响力，法利让福特成为全球最大电动汽车公司的目标并不牵强。特斯拉进入欧洲市场较晚，可能对在中国获得领导地位寄予厚望，因为美国公司永远不允许在中国的任何行业占据主导地位。</blockquote></p><p> Second, Ford has already produced a superior product. Last week,<b>Consumer Reports</b>&nbsp;judgedFord’s five-door electric crossover Mustang Mach-E as being better than Tesla Model 3 sedan and other electric models in its latest annual reliability score. And while both the Mach-E and Tesla vehicles were subject to recalls earlier this year due to problems with their glass roofs, at least the NHTSA is not demanding seven years of data from Ford.</p><p><blockquote>其次，福特已经生产出了一款卓越的产品。上周，<b>消费者报告</b>福特的五门电动跨界车野马Mach-E在最新的年度可靠性评分中优于特斯拉Model 3轿车和其他电动车型。尽管Mach-E和特斯拉汽车今年早些时候都因玻璃车顶问题而被召回，但至少NHTSA没有要求福特提供七年的数据。</blockquote></p><p> Third, Ford is investing in its future via its aforementioned partnership with GlobalFoundries and with a partnership involving&nbsp;<b>Walmart</b>&nbsp;and Argo AI on “last mile” autonomous-vehicle delivery service. In comparison, Musk seems more interested in picking social media fights with his peers in the corporate world than building relationships to boost the company.</p><p><blockquote>第三，福特正在通过上述与GlobalFoundries的合作伙伴关系以及涉及<b>沃尔玛</b>Argo AI提供“最后一英里”自动驾驶汽车送货服务。相比之下，马斯克似乎更感兴趣的是与企业界的同行在社交媒体上打架，而不是建立关系来推动公司发展。</blockquote></p><p> Fourth, Ford learned the hard way what happens when a corporate leader runs his mouth off unchecked. In 1997, 50 years after Henry Ford died, Ford sponsored an advertising-free broadcast on NBC of&nbsp;<b>Steven Spielberg’s</b>&nbsp;Academy Award-winning Holocaust drama “Schindler’s List” — and while the company insisted otherwise, it was fairly obvious that Ford was atoning for its founder’s miserable anti-Semitism and the use of slave labor in its German operations before the U.S. entry into World War II.</p><p><blockquote>第四，福特惨痛地认识到，当一个公司领导人不受约束地信口开河时会发生什么。1997年，亨利·福特去世50年后，福特赞助了NBC的一次无广告广播<b>史蒂文·斯皮尔伯格的</b>奥斯卡获奖大屠杀剧《辛德勒的名单》——尽管该公司坚称并非如此，但很明显，福特正在为其创始人悲惨的反犹太主义和美国加入之前在德国业务中使用奴隶劳动的行为赎罪。第二次世界大战。</blockquote></p><p> Mercifully, Musk’s tweets and media antics do not carry the dismal emotional and intellectual shackles of Ford’s actions. Nonetheless, Musk often seems more interested in the sound of his voice, to the point of obscuring his company rather than enhancing it —&nbsp;and his reckless tweets and questionable corporate judgment has already brought federal government actions and lawsuits aimed at him and his company, and it is not impossible to imagine more will follow if he keeps on this route.</p><p><blockquote>幸运的是，马斯克的推文和媒体滑稽动作并没有带来福特行为的令人沮丧的情感和智力枷锁。尽管如此，马斯克似乎往往对自己的声音更感兴趣，以至于掩盖了他的公司而不是增强了它——他鲁莽的推文和可疑的企业判断已经引发了联邦政府针对他和他的公司的行动和诉讼，如果他继续走这条路，不难想象还会有更多的人效仿。</blockquote></p><p> Musk’s flippancy might be amusing today, but come back in a few years and it will not be difficult to imagine Ford having the proverbial last laugh at his expense.</p><p><blockquote>马斯克的轻率今天可能很有趣，但几年后回来，不难想象福特会以他为代价笑到最后。</blockquote></p><p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Stock Wars: Ford Vs. Tesla<blockquote>股票大战：福特与福特特斯拉</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\">\nStock Wars: Ford Vs. Tesla<blockquote>股票大战：福特与福特特斯拉</blockquote>\n</h2>\n<h4 class=\"meta\">\n<div class=\"head\" \">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Benzinga </p>\n<p class=\"h-time smaller\">2021-11-25 11:53</p>\n</div>\n</div>\n</h4>\n</header>\n<article>\n<p><i>This week, the duel is between two of the most prominent and often controversial companies in the history of the automobile industry:</i><i><b>Ford Motor Company</b></i>&nbsp;<i>and</i>&nbsp;<i><b>Tesla Inc.</b></i><i>.</i></p><p><blockquote><i>本周，这场对决发生在汽车行业历史上最著名且经常引起争议的两家公司之间：</i><i><b>福特汽车公司</b></i> <i>和</i> <i><b>特斯拉公司。</b></i><i>.</i></blockquote></p><p> <b>The Case For Ford:</b>The Ford Motor Company was incorporated on June 16, 1903. Its namesake,<b>Henry Ford</b>, had previously started two unsuccessful automobile companies and was initially a vice president in this endeavor — he became president after<b>John S. Gray</b>, the original corporate captain, died of a heart attack in 1906.</p><p><blockquote><b>福特的案例：</b>福特汽车公司成立于1903年6月16日。与其同名，<b>亨利福特</b>，之前创办了两家不成功的汽车公司，最初在这一努力中担任副总裁，后来成为总裁<b>约翰·S·格雷</b>最初的公司队长，于1906年死于心脏病。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/c58b93ef6e14ee7631343dfb09b568f5\" tg-width=\"1200\" tg-height=\"675\" width=\"100%\" height=\"auto\"></p><p><blockquote></blockquote></p><p> As a company president, Ford was credited with many innovations, including the modernization of the assembly line and instituting an eight-hour day/five days per week working schedule for his workforce.</p><p><blockquote>作为公司总裁，福特被认为有许多创新，包括装配线的现代化和为员工制定每天八小时/每周五天的工作时间表。</blockquote></p><p> Ford&nbsp;generated criticism for his political actions. He&nbsp;opposed U.S. entry into World War I, partnered with Stalin’s Soviet Union and Hitler’s Germany on automobile production in their regimes and financed anti-Semitic publications.</p><p><blockquote>福特因其政治行为而受到批评。他反对美国加入第一次世界大战，与斯大林的苏联和希特勒的德国合作生产汽车，并资助反犹太出版物。</blockquote></p><p> Today, Ford has facilities in 18 countries and a global workforce of more than 186,000 people.</p><p><blockquote>如今，福特在18个国家设有工厂，全球员工超过186,000人。</blockquote></p><p> Among its most recent developments, Ford announced a&nbsp;partnership&nbsp;with semiconductor manufacturer&nbsp;<b>GlobalFoundries Inc.</b>&nbsp;that will involve joint research and development to address the need for an increased chips volume to meet the automotive industry’s needs, including semiconductor solutions for ADAS, battery management systems and in-vehicle networking. The companies also plan to&nbsp;explore “expanded semiconductor manufacturing opportunities to support the automotive industry.”</p><p><blockquote>在最新进展中，福特宣布与半导体制造商建立合作伙伴关系<b>格罗方德公司。</b>这将涉及联合研发，以满足增加芯片数量的需求，以满足汽车行业的需求，包括ADAS、电池管理系统和车载网络的半导体解决方案。两家公司还计划探索“扩大半导体制造机会以支持汽车行业”。</blockquote></p><p> Last week, Ford CEO&nbsp;<b>Jim Farley</b>&nbsp;said the automaker&nbsp;planned&nbsp;to double its electric vehicle production by 2023 to a quantity of 600,000 vehicles a year by the end of 2023, with the goal of becoming the world’s leading EV manufacturer. But also last week, Ford&nbsp;canceled&nbsp;its plans to develop EVs with&nbsp;<b>Rivian Automotive, Inc.</b>, a company that Ford has backed since 2019.</p><p><blockquote>上周，福特首席执行官<b>吉姆·法利</b>表示，该汽车制造商计划到2023年将电动汽车产量翻一番，到2023年底达到每年60万辆，目标是成为全球领先的电动汽车制造商。但同样在上周，福特取消了开发电动汽车的计划<b>Rivian汽车公司。</b>，福特自2019年以来一直支持该公司。</blockquote></p><p> In its most recent quarterly earnings report, the third-quarter&nbsp;data published on Oct. 27, Ford saw revenue&nbsp;of $35.6 billion, down from $37.5 billion one year earlier. The company also recorded $1.83 billion in net income, a drop from $2.38 billion in the previous year. The third-quarter basic earnings per share of 46 cents was a drop from 60 cents year-over-year. Ford’s board of directors voted to reinstate a regular quarterly dividend starting in the fourth quarter.</p><p><blockquote>在10月27日发布的最新季度收益报告中，福特的营收为356亿美元，低于一年前的375亿美元。该公司还录得18.3亿美元的净利润，低于上一年的23.8亿美元。第三季度每股基本收益为46美分，同比下降60美分。福特董事会投票决定从第四季度开始恢复定期季度股息。</blockquote></p><p> In the company’s earnings call, Farley looked ahead to 2022 and insisted the company was “excited and energized about the opportunity in front of us and clear that we have so much more work to do to deliver on Ford's potential. The word I would leave you with is focus. The competitive environment has never been more interesting and tough, and we intend to live up to our promise to compete like a challenger, focusing on our top priorities to unlock Ford+ growth with customers at the very center of everything we do.”</p><p><blockquote>在公司的财报看涨期权中，法利展望了2022年，并坚称公司“对摆在我们面前的机会感到兴奋和充满活力，并且很明显，我们还有很多工作要做才能发挥福特的潜力。我想说的话留给你的是专注。竞争环境从未如此有趣和艰难，我们打算兑现我们的承诺，像挑战者一样竞争，专注于我们的首要任务，以客户为中心，实现福特+的增长。”</blockquote></p><p> Ford closed for Wednesday trading at $20.25, a hair below its 52-week high of $20.79 and far from its 52-week low of $8.43.</p><p><blockquote>福特周三收于20.25美元，略低于20.79美元的52周高点，也远低于8.43美元的52周低点。</blockquote></p><p> <b>The Case For Tesla:</b>While it impossible not to talk about Tesla without mentioning CEO&nbsp;<b>Elon Musk</b>, the South African-born entrepreneur was actually a latecomer to the company. Tesla was founded in July 2003 by&nbsp;<b>Martin Eberhard</b>&nbsp;and&nbsp;<b>Marc Tarpenning</b>, with Musk coming on board in February 2004 as chairman via a $6.5-million investment. Musk would become CEO in 2008, with Eberhard and Tarpenning being maneuvered out of the corporate leadership.</p><p><blockquote><b>特斯拉的案例：</b>虽然谈论特斯拉不可能不提到首席执行官<b>埃隆·马斯克</b>，这位出生于南非的企业家实际上是该公司的后来者。特斯拉成立于2003年7月，由<b>马丁·埃伯哈德</b>和<b>马克·塔彭宁</b>马斯克于2004年2月投资650万美元出任董事长。马斯克将于2008年成为首席执行官，埃伯哈德和塔彭宁被排除在公司领导层之外。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/e4be4fd3aebf3f6c0cdcd64acc204e8b\" tg-width=\"1920\" tg-height=\"1080\" width=\"100%\" height=\"auto\"></p><p><blockquote></blockquote></p><p> Under Musk, Tesla established itself as the power player in the EV sector —&nbsp;its Model 3 became the first EV to sell 1 million units globally last June, and last month it achieved a $1-trillion market capitalization, which made Musk the world’s richest man.</p><p><blockquote>在马斯克的领导下，特斯拉确立了自己在电动汽车领域的强势地位——去年6月，其Model 3成为第一款全球销量100万辆的电动汽车，上个月市值达到1万亿美元，这使马斯克成为世界首富。</blockquote></p><p> Tesla has a workforce of less than 71,000 and 12 manufacturing facilities spread across the U.S., Canada, Germany and China. Three additional facilities, two in the U.S and one in Germany, are slated to open next year.</p><p><blockquote>特斯拉拥有不到71,000名员工，在美、加、德、中拥有12家制造工厂。另外三个设施，两个在美国，一个在德国，计划于明年开业。</blockquote></p><p> Tesla has also weathered its share of controversies recently.&nbsp;Reuters&nbsp;reported Tuesday that employees at Tesla's new factory near Berlin have taken the first steps to set up a works council,&nbsp;a move that reportedly irritated Musk, who notoriously threatened to strip his U.S. workers of their stock options if they tried to unionize.</p><p><blockquote>特斯拉最近也经受住了争议。路透社周二报道称，特斯拉柏林附近新工厂的员工已经采取了成立劳资委员会的第一步，据报道，此举激怒了马斯克，众所周知，马斯克威胁说，如果美国工人试图成立工会，他将剥夺他们的股票期权。</blockquote></p><p></p><p> The German&nbsp;<b>IG Metall</b>&nbsp;trade union also reported the Berlin Tesla plant is offering wages that are&nbsp;20% below the collectively bargained wages offered at other German automakers.</p><p><blockquote>德国人<b>IG金属</b>工会还报告称，柏林特斯拉工厂提供的工资比其他德国汽车制造商提供的集体谈判工资低20%。</blockquote></p><p> Last week,news percolated&nbsp;of a sexual harassment lawsuit filed by a woman at the company’s factory in Fremont, California. And the&nbsp;<b>National Highway Traffic Safety Administration</b>(NHTSA) has&nbsp;sought data&nbsp;from all Tesla vehicles produced since 2014 to related to its Autopilot system, with&nbsp;the company’s self-driving cars having crashed into emergency vehicles at least 11 times.</p><p><blockquote>上周，有消息称一名女性在该公司位于加利福尼亚州弗里蒙特的工厂提起性骚扰诉讼。和<b>国家公路交通安全管理局</b>（NHTSA）已从2014年以来生产的所有特斯拉汽车中寻找与其自动驾驶系统相关的数据，该公司的自动驾驶汽车至少11次撞上紧急车辆。</blockquote></p><p> In its most recent earnings report, the third-quarter&nbsp;data published on Oct. 20, Tesla saw revenues of $13.7 billion, up from $8.7 billion one year earlier. Net income was $1.6 billion for the quarter, up from $331 million in the previous year. The diluted EPS of $1.44 was up year-over-year from 27 cents.</p><p><blockquote>在10月20日发布的最新财报第三季度数据中，特斯拉营收为137亿美元，高于一年前的87亿美元。该季度净利润为16亿美元，高于去年同期的3.31亿美元。稀释后每股收益为1.44美元，同比增长27美分。</blockquote></p><p> The quarterly report acknowledged the performance could have been better.</p><p><blockquote>季度报告承认业绩本来可以更好。</blockquote></p><p> “A variety of challenges, including semiconductor shortages, congestion at ports and rolling blackouts, have been impacting our ability to keep factories running at full speed,” the report stated. “We believe our supply chain, engineering and production teams have been dealing with these global challenges with ingenuity, agility and flexibility that is unparalleled in the automotive industry.”</p><p><blockquote>报告称：“包括半导体短缺、港口拥堵和轮流停电在内的各种挑战一直在影响我们保持工厂全速运转的能力。”“我们相信，我们的供应链、工程和生产团队一直在以汽车行业无与伦比的独创性、敏捷性和灵活性应对这些全球挑战。”</blockquote></p><p> Tesla closed for trading on Wednesday at $1,116, closer to its 52-week high of $1,243.49 and far from its 52-week low of $526.20.</p><p><blockquote>特斯拉周三收于1116美元，接近52周高点1243.49美元，远低于52周低点526.20美元。</blockquote></p><p> <b>The Verdict:</b>More than a few Benzinga readers may consider this statement to be the stock market equivalent of apostasy, but the winner in this Stock Wars duel is easily Ford and not Tesla. There are four key reasons why Ford is the stronger stock.</p><p><blockquote><b>判决：</b>不少Benzinga读者可能会认为这种说法在股市上相当于叛教，但这场股票大战决斗的赢家很容易是福特而不是特斯拉。福特股票走强有四个关键原因。</blockquote></p><p> First, Ford is admittedly late to the EV game, but it has manufacturing resources that Tesla lacks. Farley’s goal of making Ford the world’s biggest EV company is not farfetched based on its global presence. Tesla is late to the European market and might be putting too much hope on gaining a leadership position in China, where U.S. companies are never allowed to be a dominant player in any sector.</p><p><blockquote>首先，诚然，福特在电动汽车领域起步较晚，但福特拥有特斯拉所缺乏的制造资源。基于福特在全球的影响力，法利让福特成为全球最大电动汽车公司的目标并不牵强。特斯拉进入欧洲市场较晚，可能对在中国获得领导地位寄予厚望，因为美国公司永远不允许在中国的任何行业占据主导地位。</blockquote></p><p> Second, Ford has already produced a superior product. Last week,<b>Consumer Reports</b>&nbsp;judgedFord’s five-door electric crossover Mustang Mach-E as being better than Tesla Model 3 sedan and other electric models in its latest annual reliability score. And while both the Mach-E and Tesla vehicles were subject to recalls earlier this year due to problems with their glass roofs, at least the NHTSA is not demanding seven years of data from Ford.</p><p><blockquote>其次，福特已经生产出了一款卓越的产品。上周，<b>消费者报告</b>福特的五门电动跨界车野马Mach-E在最新的年度可靠性评分中优于特斯拉Model 3轿车和其他电动车型。尽管Mach-E和特斯拉汽车今年早些时候都因玻璃车顶问题而被召回，但至少NHTSA没有要求福特提供七年的数据。</blockquote></p><p> Third, Ford is investing in its future via its aforementioned partnership with GlobalFoundries and with a partnership involving&nbsp;<b>Walmart</b>&nbsp;and Argo AI on “last mile” autonomous-vehicle delivery service. In comparison, Musk seems more interested in picking social media fights with his peers in the corporate world than building relationships to boost the company.</p><p><blockquote>第三，福特正在通过上述与GlobalFoundries的合作伙伴关系以及涉及<b>沃尔玛</b>Argo AI提供“最后一英里”自动驾驶汽车送货服务。相比之下，马斯克似乎更感兴趣的是与企业界的同行在社交媒体上打架，而不是建立关系来推动公司发展。</blockquote></p><p> Fourth, Ford learned the hard way what happens when a corporate leader runs his mouth off unchecked. In 1997, 50 years after Henry Ford died, Ford sponsored an advertising-free broadcast on NBC of&nbsp;<b>Steven Spielberg’s</b>&nbsp;Academy Award-winning Holocaust drama “Schindler’s List” — and while the company insisted otherwise, it was fairly obvious that Ford was atoning for its founder’s miserable anti-Semitism and the use of slave labor in its German operations before the U.S. entry into World War II.</p><p><blockquote>第四，福特惨痛地认识到，当一个公司领导人不受约束地信口开河时会发生什么。1997年，亨利·福特去世50年后，福特赞助了NBC的一次无广告广播<b>史蒂文·斯皮尔伯格的</b>奥斯卡获奖大屠杀剧《辛德勒的名单》——尽管该公司坚称并非如此，但很明显，福特正在为其创始人悲惨的反犹太主义和美国加入之前在德国业务中使用奴隶劳动的行为赎罪。第二次世界大战。</blockquote></p><p> Mercifully, Musk’s tweets and media antics do not carry the dismal emotional and intellectual shackles of Ford’s actions. Nonetheless, Musk often seems more interested in the sound of his voice, to the point of obscuring his company rather than enhancing it —&nbsp;and his reckless tweets and questionable corporate judgment has already brought federal government actions and lawsuits aimed at him and his company, and it is not impossible to imagine more will follow if he keeps on this route.</p><p><blockquote>幸运的是，马斯克的推文和媒体滑稽动作并没有带来福特行为的令人沮丧的情感和智力枷锁。尽管如此，马斯克似乎往往对自己的声音更感兴趣，以至于掩盖了他的公司而不是增强了它——他鲁莽的推文和可疑的企业判断已经引发了联邦政府针对他和他的公司的行动和诉讼，如果他继续走这条路，不难想象还会有更多的人效仿。</blockquote></p><p> Musk’s flippancy might be amusing today, but come back in a few years and it will not be difficult to imagine Ford having the proverbial last laugh at his expense.</p><p><blockquote>马斯克的轻率今天可能很有趣，但几年后回来，不难想象福特会以他为代价笑到最后。</blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉","F":"福特汽车"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1105652487","content_text":"This week, the duel is between two of the most prominent and often controversial companies in the history of the automobile industry:Ford Motor Company and Tesla Inc..\nThe Case For Ford:The Ford Motor Company was incorporated on June 16, 1903. Its namesake,Henry Ford, had previously started two unsuccessful automobile companies and was initially a vice president in this endeavor — he became president afterJohn S. Gray, the original corporate captain, died of a heart attack in 1906.\n\nAs a company president, Ford was credited with many innovations, including the modernization of the assembly line and instituting an eight-hour day/five days per week working schedule for his workforce.\nFord generated criticism for his political actions. He opposed U.S. entry into World War I, partnered with Stalin’s Soviet Union and Hitler’s Germany on automobile production in their regimes and financed anti-Semitic publications.\nToday, Ford has facilities in 18 countries and a global workforce of more than 186,000 people.\nAmong its most recent developments, Ford announced a partnership with semiconductor manufacturer GlobalFoundries Inc. that will involve joint research and development to address the need for an increased chips volume to meet the automotive industry’s needs, including semiconductor solutions for ADAS, battery management systems and in-vehicle networking. The companies also plan to explore “expanded semiconductor manufacturing opportunities to support the automotive industry.”\nLast week, Ford CEO Jim Farley said the automaker planned to double its electric vehicle production by 2023 to a quantity of 600,000 vehicles a year by the end of 2023, with the goal of becoming the world’s leading EV manufacturer. But also last week, Ford canceled its plans to develop EVs with Rivian Automotive, Inc., a company that Ford has backed since 2019.\nIn its most recent quarterly earnings report, the third-quarter data published on Oct. 27, Ford saw revenue of $35.6 billion, down from $37.5 billion one year earlier. The company also recorded $1.83 billion in net income, a drop from $2.38 billion in the previous year. The third-quarter basic earnings per share of 46 cents was a drop from 60 cents year-over-year. Ford’s board of directors voted to reinstate a regular quarterly dividend starting in the fourth quarter.\nIn the company’s earnings call, Farley looked ahead to 2022 and insisted the company was “excited and energized about the opportunity in front of us and clear that we have so much more work to do to deliver on Ford's potential. The word I would leave you with is focus. The competitive environment has never been more interesting and tough, and we intend to live up to our promise to compete like a challenger, focusing on our top priorities to unlock Ford+ growth with customers at the very center of everything we do.”\nFord closed for Wednesday trading at $20.25, a hair below its 52-week high of $20.79 and far from its 52-week low of $8.43.\nThe Case For Tesla:While it impossible not to talk about Tesla without mentioning CEO Elon Musk, the South African-born entrepreneur was actually a latecomer to the company. Tesla was founded in July 2003 by Martin Eberhard and Marc Tarpenning, with Musk coming on board in February 2004 as chairman via a $6.5-million investment. Musk would become CEO in 2008, with Eberhard and Tarpenning being maneuvered out of the corporate leadership.\n\nUnder Musk, Tesla established itself as the power player in the EV sector — its Model 3 became the first EV to sell 1 million units globally last June, and last month it achieved a $1-trillion market capitalization, which made Musk the world’s richest man.\nTesla has a workforce of less than 71,000 and 12 manufacturing facilities spread across the U.S., Canada, Germany and China. Three additional facilities, two in the U.S and one in Germany, are slated to open next year.\nTesla has also weathered its share of controversies recently. Reuters reported Tuesday that employees at Tesla's new factory near Berlin have taken the first steps to set up a works council, a move that reportedly irritated Musk, who notoriously threatened to strip his U.S. workers of their stock options if they tried to unionize.\nThe German IG Metall trade union also reported the Berlin Tesla plant is offering wages that are 20% below the collectively bargained wages offered at other German automakers.\nLast week,news percolated of a sexual harassment lawsuit filed by a woman at the company’s factory in Fremont, California. And the National Highway Traffic Safety Administration(NHTSA) has sought data from all Tesla vehicles produced since 2014 to related to its Autopilot system, with the company’s self-driving cars having crashed into emergency vehicles at least 11 times.\nIn its most recent earnings report, the third-quarter data published on Oct. 20, Tesla saw revenues of $13.7 billion, up from $8.7 billion one year earlier. Net income was $1.6 billion for the quarter, up from $331 million in the previous year. The diluted EPS of $1.44 was up year-over-year from 27 cents.\nThe quarterly report acknowledged the performance could have been better.\n“A variety of challenges, including semiconductor shortages, congestion at ports and rolling blackouts, have been impacting our ability to keep factories running at full speed,” the report stated. “We believe our supply chain, engineering and production teams have been dealing with these global challenges with ingenuity, agility and flexibility that is unparalleled in the automotive industry.”\nTesla closed for trading on Wednesday at $1,116, closer to its 52-week high of $1,243.49 and far from its 52-week low of $526.20.\nThe Verdict:More than a few Benzinga readers may consider this statement to be the stock market equivalent of apostasy, but the winner in this Stock Wars duel is easily Ford and not Tesla. There are four key reasons why Ford is the stronger stock.\nFirst, Ford is admittedly late to the EV game, but it has manufacturing resources that Tesla lacks. Farley’s goal of making Ford the world’s biggest EV company is not farfetched based on its global presence. Tesla is late to the European market and might be putting too much hope on gaining a leadership position in China, where U.S. companies are never allowed to be a dominant player in any sector.\nSecond, Ford has already produced a superior product. Last week,Consumer Reports judgedFord’s five-door electric crossover Mustang Mach-E as being better than Tesla Model 3 sedan and other electric models in its latest annual reliability score. And while both the Mach-E and Tesla vehicles were subject to recalls earlier this year due to problems with their glass roofs, at least the NHTSA is not demanding seven years of data from Ford.\nThird, Ford is investing in its future via its aforementioned partnership with GlobalFoundries and with a partnership involving Walmart and Argo AI on “last mile” autonomous-vehicle delivery service. In comparison, Musk seems more interested in picking social media fights with his peers in the corporate world than building relationships to boost the company.\nFourth, Ford learned the hard way what happens when a corporate leader runs his mouth off unchecked. In 1997, 50 years after Henry Ford died, Ford sponsored an advertising-free broadcast on NBC of Steven Spielberg’s Academy Award-winning Holocaust drama “Schindler’s List” — and while the company insisted otherwise, it was fairly obvious that Ford was atoning for its founder’s miserable anti-Semitism and the use of slave labor in its German operations before the U.S. entry into World War II.\nMercifully, Musk’s tweets and media antics do not carry the dismal emotional and intellectual shackles of Ford’s actions. Nonetheless, Musk often seems more interested in the sound of his voice, to the point of obscuring his company rather than enhancing it — and his reckless tweets and questionable corporate judgment has already brought federal government actions and lawsuits aimed at him and his company, and it is not impossible to imagine more will follow if he keeps on this route.\nMusk’s flippancy might be amusing today, but come back in a few years and it will not be difficult to imagine Ford having the proverbial last laugh at his expense.","news_type":1,"symbols_score_info":{"F":0.9,"TSLA":0.9}},"isVote":1,"tweetType":1,"viewCount":3785,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":874459864,"gmtCreate":1637814505656,"gmtModify":1637814505948,"author":{"id":"3565687171198207","authorId":"3565687171198207","name":"Holla","avatar":"https://static.tigerbbs.com/c0b0e402ff8043410cc67ffccbfe2174","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3565687171198207","authorIdStr":"3565687171198207"},"themes":[],"htmlText":"Like pls","listText":"Like pls","text":"Like pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/874459864","repostId":"1145276842","repostType":4,"repost":{"id":"1145276842","kind":"news","pubTimestamp":1637812625,"share":"https://www.laohu8.com/m/news/1145276842?lang=zh_CN&edition=full","pubTime":"2021-11-25 11:57","market":"us","language":"en","title":"Peloton Has Tumbled From Its Peak. What to Do With Your Beaten-Down Shares.<blockquote>Peloton已经从巅峰时期跌落。如何处理你被击败的股票。</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1145276842","media":"Barrons","summary":"It’s almost time to bid adieu to 2021, which means its time for an end-of-year review of your portfo","content":"<p>It’s almost time to bid adieu to 2021, which means its time for an end-of-year review of your portfolio to identify losses and gains. Try to understand what went wrong and what went right—and why—and recalibrate for 2022.</p><p><blockquote>差不多是时候告别2021年了，这意味着是时候对您的投资组合进行年终审查以确定损失和收益了。试着理解什么是错的，什么是对的——以及为什么——并为2022年重新校准。</blockquote></p><p> If possible, take advantage of soured investments that might have long-term merit. If you bought a stock at a higher price, it might make sense from a tax perspective to take the loss against other gains and restart the investment from a lower price, a strategy known as “doubling up.”</p><p><blockquote>如果可能的话，利用可能具有长期价值的不良投资。如果您以较高的价格购买了一只股票，从税收角度来看，用其他收益抵消损失并从较低的价格重新开始投资可能是有意义的，这种策略被称为“翻倍”。</blockquote></p><p> Peloton Interactive&nbsp;(ticker: PTON), which rose to prominence during the pandemic and has since messily fallen from the market’s bullish summits into the ash heap of troubled companies. might just fit the bill.</p><p><blockquote>Peloton Interactive（股票代码：PTON）在大流行期间声名鹊起，但此后却从市场看涨的顶峰跌入陷入困境的公司的灰烬堆。可能正好符合要求。</blockquote></p><p> Peloton, as most everyone knows, makes exercise bikes with video monitors that enable people to take classes with world-class instructors from their homes. The company enjoyed extraordinary success during the pandemic, only to be undone by manufacturing woes and ultimately by the Covid vaccine, which enabled gyms to reopen.</p><p><blockquote>众所周知，Peloton生产带有视频监视器的健身车，使人们能够在家中与世界一流的教练一起上课。该公司在大流行期间取得了非凡的成功，但由于制造困境以及最终因新冠疫苗而毁于一旦，该疫苗使健身房得以重新开放。</blockquote></p><p> Yet Peloton continues to have a cultlike following. Instructors like Cody Rigsby have become celebrities. And the company has just begun a big trade-in program: People who buy a new bike can swap their old one for a $700 rebate and accessories.</p><p><blockquote>然而，Peloton仍然拥有狂热的追随者。像科迪·瑞斯比这样的教练已经成为名人。该公司刚刚开始了一项大型以旧换新计划：购买新自行车的人可以用旧自行车换取700美元的折扣和配件。</blockquote></p><p> Investors who bought Peloton at higher prices could double up on the stock to reset the cost basis and position for a potential recovery. The deadline to buy new stock to capture losses for this year is Nov. 30. After that date, there won’t be enough time to avoid the Internal Revenue Service’s wash-sale rule, which restricts loss deductions by investors who buy the same holding within 30 days before or after a sale.</p><p><blockquote>以较高价格购买Peloton的投资者可以加倍买入该股，以重置成本基础和潜在复苏的头寸。购买新股以弥补今年损失的截止日期是11月30日。在该日期之后，将没有足够的时间来避免美国国税局的洗售规则，该规则限制在出售前后30天内购买相同股票的投资者的损失扣除。</blockquote></p><p> Peloton investors can buy the same number of shares and hold them for 30 days. On the 31st day, the original tax lot of Peloton shares—the stock you bought at higher prices—can be sold. Anyone who does that should be able to claim a loss on their tax returns. Consult your tax adviser.</p><p><blockquote>Peloton投资者可以购买相同数量的股票并持有30天。第31天，Peloton股票的原始纳税地段（您以更高价格购买的股票）可以出售。任何这样做的人都应该能够在纳税申报表上申请损失。咨询你的税务顾问。</blockquote></p><p> While doubling up with stock is the usual method, Michael Schwartz, Oppenheimer’s chief options strategist, prefers using call options to limit risk and expense. The mechanics of the trade are the same, but options are less expensive than stock.</p><p><blockquote>虽然股票翻倍是通常的方法，但Oppenheimer首席期权策略师Michael Schwartz更喜欢使用看涨期权期权来限制风险和费用。交易机制是相同的，但期权比股票便宜。</blockquote></p><p> Schwartz recently told clients who bought Peloton near its high price to double up with March $45 calls, which cost about $6.60 when the stock was $42.97. On the 31st day, the original tax lot could still be sold, and investors would own only the equivalent number of calls. (Each call represents 100 shares, so you would need 10 calls to cover 1,000 shares, for example.)</p><p><blockquote>Schwartz最近告诉在接近高价购买Peloton的客户，要将3月份45美元的评级价格翻倍，当时该股股价为42.97美元，价格约为6.60美元。在第31天，原来的税收地段仍然可以出售，投资者将只拥有同等数量的评级。（例如，每个看涨期权代表100股，因此您需要10名评级才能覆盖1,000股。）</blockquote></p><p> Again, the time frame is critical. Should the stock be sold before 30 days have expired, investors would violate the wash-sale rule and the IRS won’t allow the loss, Schwartz counseled.</p><p><blockquote>同样，时间框架至关重要。施瓦茨建议，如果股票在30天到期前出售，投资者将违反洗售规则，国税局不会允许损失。</blockquote></p><p> During the past 52 weeks, Peloton has ranged from $43.13 to $171.09.</p><p><blockquote>在过去52周内，Peloton的价格从43.13美元到171.09美元不等。</blockquote></p><p> Some will wonder why Schwartz chose a March call, which expires in about 120 days. The answer is simple. Peloton is a “show me, don’t tell me” company. The management team has arguably lost the trust of investors as the stock has tumbled from all-time highs. Plus, the company recently said that it wouldn’t need to raise capital, only to subsequently say that it would sell more stock to raise capital.</p><p><blockquote>有些人会想知道为什么Schwartz选择了大约120天后到期的3月份看涨期权。答案很简单。Peloton是一家“给我看，不要告诉我”的公司。随着股价从历史高点暴跌，管理团队可以说已经失去了投资者的信任。此外，该公司最近表示不需要筹集资金，但随后又表示将出售更多股票来筹集资金。</blockquote></p><p> Still, the Peloton cult is a valuable asset, even if it is hard to value by traditional metrics. The double-up trade expresses a view that the company’s management team will rise to the occasion and try to be as good as the instructors and the community. If not, well, the cost basis was reset, a tax advantage was realized, and the journey of risk and return begins anew.</p><p><blockquote>尽管如此，Peloton邪教仍然是一项宝贵的资产，即使很难用传统指标来评估它。双升交易表达了一种观点，即公司的管理团队将挺身而出，努力做到与导师和社区一样好。如果没有，那么，成本基础被重置，税收优势被实现，风险和回报的旅程重新开始。</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>Peloton Has Tumbled From Its Peak. What to Do With Your Beaten-Down Shares.<blockquote>Peloton已经从巅峰时期跌落。如何处理你被击败的股票。</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nPeloton Has Tumbled From Its Peak. What to Do With Your Beaten-Down Shares.<blockquote>Peloton已经从巅峰时期跌落。如何处理你被击败的股票。</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Barrons</strong><span class=\"h-time small\">2021-11-25 11:57</span>\n</p>\n</h4>\n</header>\n<article>\n<p>It’s almost time to bid adieu to 2021, which means its time for an end-of-year review of your portfolio to identify losses and gains. Try to understand what went wrong and what went right—and why—and recalibrate for 2022.</p><p><blockquote>差不多是时候告别2021年了，这意味着是时候对您的投资组合进行年终审查以确定损失和收益了。试着理解什么是错的，什么是对的——以及为什么——并为2022年重新校准。</blockquote></p><p> If possible, take advantage of soured investments that might have long-term merit. If you bought a stock at a higher price, it might make sense from a tax perspective to take the loss against other gains and restart the investment from a lower price, a strategy known as “doubling up.”</p><p><blockquote>如果可能的话，利用可能具有长期价值的不良投资。如果您以较高的价格购买了一只股票，从税收角度来看，用其他收益抵消损失并从较低的价格重新开始投资可能是有意义的，这种策略被称为“翻倍”。</blockquote></p><p> Peloton Interactive&nbsp;(ticker: PTON), which rose to prominence during the pandemic and has since messily fallen from the market’s bullish summits into the ash heap of troubled companies. might just fit the bill.</p><p><blockquote>Peloton Interactive（股票代码：PTON）在大流行期间声名鹊起，但此后却从市场看涨的顶峰跌入陷入困境的公司的灰烬堆。可能正好符合要求。</blockquote></p><p> Peloton, as most everyone knows, makes exercise bikes with video monitors that enable people to take classes with world-class instructors from their homes. The company enjoyed extraordinary success during the pandemic, only to be undone by manufacturing woes and ultimately by the Covid vaccine, which enabled gyms to reopen.</p><p><blockquote>众所周知，Peloton生产带有视频监视器的健身车，使人们能够在家中与世界一流的教练一起上课。该公司在大流行期间取得了非凡的成功，但由于制造困境以及最终因新冠疫苗而毁于一旦，该疫苗使健身房得以重新开放。</blockquote></p><p> Yet Peloton continues to have a cultlike following. Instructors like Cody Rigsby have become celebrities. And the company has just begun a big trade-in program: People who buy a new bike can swap their old one for a $700 rebate and accessories.</p><p><blockquote>然而，Peloton仍然拥有狂热的追随者。像科迪·瑞斯比这样的教练已经成为名人。该公司刚刚开始了一项大型以旧换新计划：购买新自行车的人可以用旧自行车换取700美元的折扣和配件。</blockquote></p><p> Investors who bought Peloton at higher prices could double up on the stock to reset the cost basis and position for a potential recovery. The deadline to buy new stock to capture losses for this year is Nov. 30. After that date, there won’t be enough time to avoid the Internal Revenue Service’s wash-sale rule, which restricts loss deductions by investors who buy the same holding within 30 days before or after a sale.</p><p><blockquote>以较高价格购买Peloton的投资者可以加倍买入该股，以重置成本基础和潜在复苏的头寸。购买新股以弥补今年损失的截止日期是11月30日。在该日期之后，将没有足够的时间来避免美国国税局的洗售规则，该规则限制在出售前后30天内购买相同股票的投资者的损失扣除。</blockquote></p><p> Peloton investors can buy the same number of shares and hold them for 30 days. On the 31st day, the original tax lot of Peloton shares—the stock you bought at higher prices—can be sold. Anyone who does that should be able to claim a loss on their tax returns. Consult your tax adviser.</p><p><blockquote>Peloton投资者可以购买相同数量的股票并持有30天。第31天，Peloton股票的原始纳税地段（您以更高价格购买的股票）可以出售。任何这样做的人都应该能够在纳税申报表上申请损失。咨询你的税务顾问。</blockquote></p><p> While doubling up with stock is the usual method, Michael Schwartz, Oppenheimer’s chief options strategist, prefers using call options to limit risk and expense. The mechanics of the trade are the same, but options are less expensive than stock.</p><p><blockquote>虽然股票翻倍是通常的方法，但Oppenheimer首席期权策略师Michael Schwartz更喜欢使用看涨期权期权来限制风险和费用。交易机制是相同的，但期权比股票便宜。</blockquote></p><p> Schwartz recently told clients who bought Peloton near its high price to double up with March $45 calls, which cost about $6.60 when the stock was $42.97. On the 31st day, the original tax lot could still be sold, and investors would own only the equivalent number of calls. (Each call represents 100 shares, so you would need 10 calls to cover 1,000 shares, for example.)</p><p><blockquote>Schwartz最近告诉在接近高价购买Peloton的客户，要将3月份45美元的评级价格翻倍，当时该股股价为42.97美元，价格约为6.60美元。在第31天，原来的税收地段仍然可以出售，投资者将只拥有同等数量的评级。（例如，每个看涨期权代表100股，因此您需要10名评级才能覆盖1,000股。）</blockquote></p><p> Again, the time frame is critical. Should the stock be sold before 30 days have expired, investors would violate the wash-sale rule and the IRS won’t allow the loss, Schwartz counseled.</p><p><blockquote>同样，时间框架至关重要。施瓦茨建议，如果股票在30天到期前出售，投资者将违反洗售规则，国税局不会允许损失。</blockquote></p><p> During the past 52 weeks, Peloton has ranged from $43.13 to $171.09.</p><p><blockquote>在过去52周内，Peloton的价格从43.13美元到171.09美元不等。</blockquote></p><p> Some will wonder why Schwartz chose a March call, which expires in about 120 days. The answer is simple. Peloton is a “show me, don’t tell me” company. The management team has arguably lost the trust of investors as the stock has tumbled from all-time highs. Plus, the company recently said that it wouldn’t need to raise capital, only to subsequently say that it would sell more stock to raise capital.</p><p><blockquote>有些人会想知道为什么Schwartz选择了大约120天后到期的3月份看涨期权。答案很简单。Peloton是一家“给我看，不要告诉我”的公司。随着股价从历史高点暴跌，管理团队可以说已经失去了投资者的信任。此外，该公司最近表示不需要筹集资金，但随后又表示将出售更多股票来筹集资金。</blockquote></p><p> Still, the Peloton cult is a valuable asset, even if it is hard to value by traditional metrics. The double-up trade expresses a view that the company’s management team will rise to the occasion and try to be as good as the instructors and the community. If not, well, the cost basis was reset, a tax advantage was realized, and the journey of risk and return begins anew.</p><p><blockquote>尽管如此，Peloton邪教仍然是一项宝贵的资产，即使很难用传统指标来评估它。双升交易表达了一种观点，即公司的管理团队将挺身而出，努力做到与导师和社区一样好。如果没有，那么，成本基础被重置，税收优势被实现，风险和回报的旅程重新开始。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.barrons.com/articles/how-to-profit-from-your-beaten-down-peloton-shares-51637748901?mod=hp_DAY_0\">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":{"PTON":"Peloton Interactive, Inc."},"source_url":"https://www.barrons.com/articles/how-to-profit-from-your-beaten-down-peloton-shares-51637748901?mod=hp_DAY_0","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1145276842","content_text":"It’s almost time to bid adieu to 2021, which means its time for an end-of-year review of your portfolio to identify losses and gains. Try to understand what went wrong and what went right—and why—and recalibrate for 2022.\nIf possible, take advantage of soured investments that might have long-term merit. If you bought a stock at a higher price, it might make sense from a tax perspective to take the loss against other gains and restart the investment from a lower price, a strategy known as “doubling up.”\nPeloton Interactive (ticker: PTON), which rose to prominence during the pandemic and has since messily fallen from the market’s bullish summits into the ash heap of troubled companies. might just fit the bill.\nPeloton, as most everyone knows, makes exercise bikes with video monitors that enable people to take classes with world-class instructors from their homes. The company enjoyed extraordinary success during the pandemic, only to be undone by manufacturing woes and ultimately by the Covid vaccine, which enabled gyms to reopen.\nYet Peloton continues to have a cultlike following. Instructors like Cody Rigsby have become celebrities. And the company has just begun a big trade-in program: People who buy a new bike can swap their old one for a $700 rebate and accessories.\nInvestors who bought Peloton at higher prices could double up on the stock to reset the cost basis and position for a potential recovery. The deadline to buy new stock to capture losses for this year is Nov. 30. After that date, there won’t be enough time to avoid the Internal Revenue Service’s wash-sale rule, which restricts loss deductions by investors who buy the same holding within 30 days before or after a sale.\nPeloton investors can buy the same number of shares and hold them for 30 days. On the 31st day, the original tax lot of Peloton shares—the stock you bought at higher prices—can be sold. Anyone who does that should be able to claim a loss on their tax returns. Consult your tax adviser.\nWhile doubling up with stock is the usual method, Michael Schwartz, Oppenheimer’s chief options strategist, prefers using call options to limit risk and expense. The mechanics of the trade are the same, but options are less expensive than stock.\nSchwartz recently told clients who bought Peloton near its high price to double up with March $45 calls, which cost about $6.60 when the stock was $42.97. On the 31st day, the original tax lot could still be sold, and investors would own only the equivalent number of calls. (Each call represents 100 shares, so you would need 10 calls to cover 1,000 shares, for example.)\nAgain, the time frame is critical. Should the stock be sold before 30 days have expired, investors would violate the wash-sale rule and the IRS won’t allow the loss, Schwartz counseled.\nDuring the past 52 weeks, Peloton has ranged from $43.13 to $171.09.\nSome will wonder why Schwartz chose a March call, which expires in about 120 days. The answer is simple. Peloton is a “show me, don’t tell me” company. The management team has arguably lost the trust of investors as the stock has tumbled from all-time highs. Plus, the company recently said that it wouldn’t need to raise capital, only to subsequently say that it would sell more stock to raise capital.\nStill, the Peloton cult is a valuable asset, even if it is hard to value by traditional metrics. The double-up trade expresses a view that the company’s management team will rise to the occasion and try to be as good as the instructors and the community. If not, well, the cost basis was reset, a tax advantage was realized, and the journey of risk and return begins anew.","news_type":1,"symbols_score_info":{"PTON":0.9}},"isVote":1,"tweetType":1,"viewCount":771,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":874459309,"gmtCreate":1637814492818,"gmtModify":1637814493074,"author":{"id":"3565687171198207","authorId":"3565687171198207","name":"Holla","avatar":"https://static.tigerbbs.com/c0b0e402ff8043410cc67ffccbfe2174","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3565687171198207","authorIdStr":"3565687171198207"},"themes":[],"htmlText":"Like pls","listText":"Like pls","text":"Like pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/874459309","repostId":"1199146625","repostType":4,"repost":{"id":"1199146625","kind":"news","pubTimestamp":1637812709,"share":"https://www.laohu8.com/m/news/1199146625?lang=zh_CN&edition=full","pubTime":"2021-11-25 11:58","market":"us","language":"en","title":"GAME Stock: 6 Reasons Why Engine Gaming and Media Investors Are Feeling Thankful Today<blockquote>游戏股票：引擎游戏和媒体投资者今天感到感激的6个原因</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1199146625","media":"InvestorPlace","summary":"Engine Gaming and Media(NASDAQ:GAME) stock is on the move today as investors celebrate positive fisc","content":"<p><div> Engine Gaming and Media(NASDAQ:GAME) stock is on the move today as investors celebrate positive fiscal Q4 2021 results. Let’s dive into that news belowto see why holders of GAME stock are smiling ...</p><p><blockquote><div>随着投资者庆祝2021年第四季度的积极业绩，Engine Gaming and Media（纳斯达克股票代码：GAME）股票今天上涨。让我们深入了解下面的新闻，看看为什么游戏股票的持有者在微笑……</div></blockquote></p><p>  <a href=\"https://investorplace.com/2021/11/game-stock-6-reasons-why-engine-gaming-and-media-investors-are-feeling-thankful-today/\">网页链接</a>  </div> </p><p><blockquote><a href=\"https://investorplace.com/2021/11/game-stock-6-reasons-why-engine-gaming-and-media-investors-are-feeling-thankful-today/\">网页连接</a></blockquote></p><p></p>","source":"lsy1606302653667","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>GAME Stock: 6 Reasons Why Engine Gaming and Media Investors Are Feeling Thankful Today<blockquote>游戏股票：引擎游戏和媒体投资者今天感到感激的6个原因</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\">\nGAME Stock: 6 Reasons Why Engine Gaming and Media Investors Are Feeling Thankful Today<blockquote>游戏股票：引擎游戏和媒体投资者今天感到感激的6个原因</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">InvestorPlace</strong><span class=\"h-time small\">2021-11-25 11:58</span>\n</p>\n</h4>\n</header>\n<article>\n<p><div> Engine Gaming and Media(NASDAQ:GAME) stock is on the move today as investors celebrate positive fiscal Q4 2021 results. Let’s dive into that news belowto see why holders of GAME stock are smiling ...</p><p><blockquote><div>随着投资者庆祝2021年第四季度的积极业绩，Engine Gaming and Media（纳斯达克股票代码：GAME）股票今天上涨。让我们深入了解下面的新闻，看看为什么游戏股票的持有者在微笑……</div></blockquote></p><p>  <a href=\"https://investorplace.com/2021/11/game-stock-6-reasons-why-engine-gaming-and-media-investors-are-feeling-thankful-today/\">网页链接</a>  </div> </p><p><blockquote><a href=\"https://investorplace.com/2021/11/game-stock-6-reasons-why-engine-gaming-and-media-investors-are-feeling-thankful-today/\">网页连接</a></blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://investorplace.com/2021/11/game-stock-6-reasons-why-engine-gaming-and-media-investors-are-feeling-thankful-today/\">InvestorPlace</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":{"GAME":"GameSquare"},"source_url":"https://investorplace.com/2021/11/game-stock-6-reasons-why-engine-gaming-and-media-investors-are-feeling-thankful-today/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1199146625","content_text":"Engine Gaming and Media(NASDAQ:GAME) stock is on the move today as investors celebrate positive fiscal Q4 2021 results.\nLet’s dive into that news belowto see why holders of GAME stock are smiling today.\n\nLet’s start with the company’s revenue in fiscal Q4, which came in at $11.8 million.\nThat’s good news as it beats out Wall Street’s estimate of $10.8 million for the quarter.\nIt’s also a nice boost over the $7 million reported in the same period of the year prior.\nFiscal 2021 revenue also came in at $37.2 million.\nThat’s another win for GAME stock over analysts’ estimate of $36.26 million.\nIt also represents a 253% increase from the $10.5 million reported for fiscal 2020.\n\nTom Rogers, executive chairman of Engine Gaming and Media, said this in the earnings report.\n\n “As younger demographics increasingly desert traditional media in favor of seeking social experiences in the gaming space – whether participating as a player or as a viewer of competitions – and are increasingly influenced in their marketing decisions by social content creators – we are investing to make our social experiences more robust and more unique for our users, while making our ability to execute social marketing and ad campaigns more effective and efficient for our industry clients.”\n\nGAME stock is experiencing heavy trading today following its earnings report. As of this writing, more than 12 million shares of the stock have changed hands. That’s a massive jump compared to the company’s daily average trading volume of about 202,000 shares.\nGAME stock is up 18.2% as of Wednesday morning.","news_type":1,"symbols_score_info":{"GAME":0.9}},"isVote":1,"tweetType":1,"viewCount":1198,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":874459020,"gmtCreate":1637814483993,"gmtModify":1637814484296,"author":{"id":"3565687171198207","authorId":"3565687171198207","name":"Holla","avatar":"https://static.tigerbbs.com/c0b0e402ff8043410cc67ffccbfe2174","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3565687171198207","authorIdStr":"3565687171198207"},"themes":[],"htmlText":"Like pls","listText":"Like pls","text":"Like pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/874459020","repostId":"2186364091","repostType":4,"isVote":1,"tweetType":1,"viewCount":945,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":874326298,"gmtCreate":1637732959510,"gmtModify":1637732959816,"author":{"id":"3565687171198207","authorId":"3565687171198207","name":"Holla","avatar":"https://static.tigerbbs.com/c0b0e402ff8043410cc67ffccbfe2174","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3565687171198207","authorIdStr":"3565687171198207"},"themes":[],"htmlText":"Like pls","listText":"Like pls","text":"Like pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/874326298","repostId":"1141571893","repostType":4,"repost":{"id":"1141571893","kind":"news","pubTimestamp":1637732033,"share":"https://www.laohu8.com/m/news/1141571893?lang=zh_CN&edition=full","pubTime":"2021-11-24 13:33","market":"us","language":"en","title":"Tesla Insurance: A New And Exciting Frontier<blockquote>特斯拉保险：令人兴奋的新领域</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1141571893","media":"Seeking Alpha","summary":"Summary\n\nTesla Insurance is a new and exciting frontier for the company.\nI briefly explore the curre","content":"<p><b>Summary</b></p><p><blockquote><b>总结</b></blockquote></p><p> <ul>  <li>Tesla Insurance is a new and exciting frontier for the company.</li>  <li>I briefly explore the current personal auto insurance landscape and then analyze the Tesla Insurance Offering including the newly introduced Safety Score in Texas.</li>  <li>I also cover the risks and the financial impact Tesla Insurance could have.</li>  <li>Tesla Insurance has a long runway ahead but it won't be an overnight success. Nonetheless, I wouldn't bet against Tesla successfully disrupting and competing within the personal auto insurance market.</li> </ul> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/7f8bf7a2038aee5e70a8ab437ca3712b\" tg-width=\"1536\" tg-height=\"1020\" referrerpolicy=\"no-referrer\"><span>Ridofranz/iStock via Getty Images</span></p><p><blockquote><ul><li>特斯拉保险对该公司来说是一个令人兴奋的新领域。</li><li>我简要探讨了当前的个人汽车保险前景，然后分析了特斯拉的保险产品，包括德克萨斯新推出的安全评分。</li><li>我还承保特斯拉保险可能产生的风险和财务影响。</li><li>特斯拉保险公司还有很长的路要走，但它不会一夜之间取得成功。尽管如此，我不认为特斯拉会成功颠覆和竞争个人汽车保险市场。</li></ul><p class=\"t-img-caption\"><span>Ridofranz/iStock来自Getty Images</span></p></blockquote></p><p> What typically comes to mind when you think of personal auto insurance? For the average consumer, insurance is hard to understand, considered expensive, and somewhat boring.</p><p><blockquote>当你想到个人汽车保险时，你通常会想到什么？对于普通消费者来说，保险很难理解，被认为很贵，而且有些无聊。</blockquote></p><p> While that might be true, it doesn't have to be this way. Tesla (TSLA) has introduced Tesla insurance in California and more recently in Texas. With this article, we’ll briefly explore the personal auto insurance landscape, dig deeper into the Tesla personal auto insurance product, and look at what it could mean for Tesla moving forward.</p><p><blockquote>虽然这可能是真的，但不一定是这样的。特斯拉（TSLA）已在加州推出特斯拉保险，最近又在德克萨斯推出。在本文中，我们将简要探讨个人汽车保险的前景，更深入地挖掘特斯拉个人汽车保险产品，并看看它对特斯拉的未来意味着什么。</blockquote></p><p> <b>The Personal Auto Insurance Landscape</b></p><p><blockquote><b>个人汽车保险格局</b></blockquote></p><p> Personal auto insurance is a mandatory requirement in all but&nbsp;two states&nbsp;within the U.S (Virginia and New Hampshire). Most insurance carriers price insurance using traditional factors (credit score, age, gender, location, driving and vehicle history, etc.) with the option of enrolling into a Usage-Based Insurance (UBI) program.</p><p><blockquote>除了两个州（弗吉尼亚州和新罕布什尔州）之外，美国所有州都必须购买个人汽车保险。大多数保险公司使用传统因素（信用评分、年龄、性别、地点、驾驶和车辆历史等）为保险定价。）可以选择加入基于使用的保险（UBI）计划。</blockquote></p><p> A UBI program helps align your auto policy’s cost with your driving habits. Take a look at&nbsp;Progressive(PGR) or&nbsp;Travelers’ (TRV) programs as examples. Nonetheless, traditional insurers still use the aforementioned traditional factors first and foremost with an optional UBI offering.</p><p><blockquote>UBI计划有助于使您的汽车保单成本与您的驾驶习惯保持一致。以进步(PGR)或旅行者(TRV)计划为例。尽管如此，传统保险公司仍然首先使用上述传统因素，并提供可选的UBI产品。</blockquote></p><p> The personal auto market wrote about&nbsp;$250B&nbsp;in premium in 2020. There is a ton of opportunity for Tesla to generate meaningful revenue over time. However, the current top 10 players accounted for ~75% or 3/4 of the total written premiums in 2020. State Farm had the highest market share at 16.2%, followed by the likes of Berkshire Hathaway or Geico (BRK.A), Progressive, and Allstate (ALL).</p><p><blockquote>2020年，个人汽车市场的保费约为2500亿美元。随着时间的推移，特斯拉有很多机会产生有意义的收入。然而，目前排名前10的玩家约占2020年总承保保费的75%或3/4。State Farm的市场份额最高，为16.2%，其次是伯克希尔哈撒韦公司或Geico(BRK.A)、Progressive和Allstate(ALL)等公司。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/2897c9ed5291406d6d1c560c1e8794da\" tg-width=\"612\" tg-height=\"383\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p> Lemonade (LMND), Metromile (MILE) (recently acquired by Lemonade), Root (ROOT), and others that are only pricing personal auto insurance on how one drives instead of traditional factors are trying to disrupt this massive industry. Tesla is now trying to do the same.</p><p><blockquote>Lemonade(LMND)、Metromile(MILE)（最近被Lemonade收购）、Root(ROOT)以及其他仅根据驾驶方式而不是传统因素为个人汽车保险定价的公司正试图颠覆这个庞大的行业。特斯拉现在也在尝试做同样的事情。</blockquote></p><p> <b>Tesla’s Personal Auto Insurance Offering</b></p><p><blockquote><b>特斯拉的个人汽车保险产品</b></blockquote></p><p> Tesla first introduced personal auto insurance in California in 2019 through State National Insurance. More recently, the company took the next step forward in its insurance journey by offering personal auto insurance in Texas through the underwriting company Redpoint County Mutual Insurance. It's important to note that Tesla isn't an underwriting company, it is partnering with underwriting companies to offer its product under the Tesla Insurance name.</p><p><blockquote>特斯拉于2019年通过州国民保险首次在加州推出个人汽车保险。最近，该公司通过承保公司红点县互助保险公司在德克萨斯州提供个人汽车保险，在其保险之旅中又向前迈出了一步。值得注意的是，特斯拉不是一家承保公司，它与承保公司合作，以特斯拉保险的名义提供其产品。</blockquote></p><p> The premium is determined based on what vehicle you drive, your provided address, how much you drive, and what coverage you select. The company is not using traditional variables like credit, age, gender, and claim history to price their insurance. With Texas, Tesla also introduced their UBI program called the Safety Score as an additional factor in determining premium.</p><p><blockquote>保费取决于您驾驶的车辆、您提供的地址、您驾驶的次数以及您选择的保险范围。该公司没有使用信用、年龄、性别和索赔历史等传统变量来为保险定价。与德克萨斯一起，特斯拉还推出了名为安全评分的UBI计划，作为确定保费的附加因素。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/dacd23bb5a7dae5da6bf2ccf5415b666\" tg-width=\"622\" tg-height=\"410\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p> The Safety Score is based on driving behavior and assigns the driver a score from 0 to 100 based on five safety factors:</p><p><blockquote>安全评分基于驾驶行为，根据五个安全因素为驾驶员分配0到100的分数：</blockquote></p><p> <b>1. Forward Collision Warnings per 1,000 Miles:</b>Audible and visual alerts provided to the driver in situations where a possible collision could occur due to an object in front of the vehicle. Maintaining a safe distance and paying attention to the traffic around you helps improve your score.</p><p><blockquote><b>1.每1,000英里前方碰撞警告：</b>在由于车辆前方的物体而可能发生碰撞的情况下，向驾驶员提供听觉和视觉警报。保持安全距离，注意周围的交通有助于提高分数。</blockquote></p><p> <b>2. Hard Braking*:</b>Defined as a decrease in the vehicle’s speed larger than 6.7 mph, in one second. Despite the definition, I think we all know what hard braking is. The Safety score can be improved by engaging the brake pedal early when slowing down, coming to a stop, or reacting to a change in the environment.</p><p><blockquote><b>2.急刹车*：</b>定义为一秒钟内车速下降超过6.7英里/小时。尽管有定义，我想我们都知道什么是急刹车。通过在减速、停车或对环境变化做出反应时尽早踩下制动踏板，可以提高安全得分。</blockquote></p><p> <b>3. Aggressive Turning*:</b>Defined as an increase in vehicle’s speed to the left/right greater than 8.9 mph, in one second. Again, we all know aggressive turning when we see it. The Safety Score can be improved by turning, changing lanes, or rounding a corner gradually instead of aggressively.</p><p><blockquote><b>3.激进转弯*：</b>定义为在一秒钟内车辆向左/向右的速度增加超过8.9英里/小时。还是那句话，当我们看到激进转弯时，我们都知道它。安全得分可以通过逐渐而不是激进地转弯、变道或转弯来提高。</blockquote></p><p></p><p> <b>4. Unsafe Following*:</b>Tesla vehicles measure their own speed, the speed of the vehicle in front of them and the distance between the two vehicles. Based on these measurements, Tesla calculates Headway, or the number of seconds you would have to react and stop if the vehicle in front of you came to a sudden stop. Unsafe following is the proportion of time where your vehicle’s headway is less than 1.0 seconds relative to the time that your vehicle’s headway is less than 3.0 seconds. Unsafe following is only measured when your vehicle is traveling at least 50 mph. The Safety Score can be improved by not tailgating or driving close to the vehicle in front of you so you have enough time to react.</p><p><blockquote><b>4.以下不安全*：</b>特斯拉汽车测量自己的速度、前车的速度以及两车之间的距离。根据这些测量结果，特斯拉计算车头时距，或者如果您前面的车辆突然停下来，您必须做出反应并停车的秒数。不安全跟车是车辆车头时距小于1.0秒的时间相对于车辆车头时距小于3.0秒的时间的比例。只有当您的车辆以至少50英里/小时的速度行驶时，才会测量不安全跟随。安全得分可以通过不尾随或靠近你前面的车辆来提高，这样你就有足够的时间做出反应。</blockquote></p><p> <b>5. Forced Autopilot Disengagement:</b>If you remove your hands from the steering wheel during Autopilot, an audio and visual warning is sent to the driver. Three of these warnings result in Autopilot system disengagement for the remainder of a trip.</p><p><blockquote><b>5.强制自动驾驶脱离：</b>如果您在Autopilot期间将手从方向盘上移开，则会向驾驶员发送音频和视频警告。其中三个警告会导致自动驾驶系统在剩余行程中脱离。</blockquote></p><p> *Not factored into the Safety Score formula when on Autopilot</p><p><blockquote>*自动驾驶时不计入安全评分公式</blockquote></p><p> These factors are measured directly by the Tesla models using various sensors on the vehicle and Autopilot software. Although this is a significant step forward in Tesla’s insurance journey, The Safety Score isn’t something that’s new.</p><p><blockquote>这些因素由特斯拉模型使用车辆上的各种传感器和自动驾驶软件直接测量。尽管这是特斯拉保险之旅向前迈出的重要一步，但安全评分并不是什么新鲜事。</blockquote></p><p> Many major U.S personal auto insurers have introduced optional UBI programs that assign a score to the driver. Nonetheless, there are a couple of meaningful items that differentiate Tesla.</p><p><blockquote>许多美国主要个人汽车保险公司都推出了可选的UBI计划，为驾驶员分配分数。尽管如此，有几个有意义的项目使特斯拉与众不同。</blockquote></p><p> <ul>  <li>Some of the factors introduced by Tesla in Texas are different to what other insurance carriers have. For example, Progressive doesn’t have forward collision warnings or unsafe following as factors. On the other hand, Progressive includes late night driving and driving less overall as factors within their UBI program. Tesla is likely to introduce new factors and tweak existing factors within the Safety Score as more data becomes available.</p><p><blockquote><ul><li>特斯拉在德克萨斯引入的一些因素与其他保险公司不同。例如，Progressive没有前方碰撞警告或不安全跟随作为因素。另一方面，Progressive将深夜驾驶和整体驾驶减少作为其UBI计划中的因素。随着更多数据的获得，特斯拉可能会在安全评分中引入新因素并调整现有因素。</li></ul></blockquote></p><p></li>  <li>Unlike other major carriers, Tesla doesn't require and additional device to be installed in the vehicle to capture driving behavior. Tesla uses specific features within the vehicle to evaluate premium based on actual driving.</li>  <li>The Safety Score is updated daily to provide real-time feedback on driving safety. The daily Safety Scores are combined (up to 30 days) to provide a premium based on the months’ driving activity. Below is an example of how the premium could change based on the score by month. Traditional insurance carriers don’t offer daily updates and change in premiums by month. Instead, it’s typical to have a monitoring period of 6 months before receiving a score and change in premium.</p><p><blockquote><li>与其他主要运营商不同，特斯拉不需要在车辆中安装额外的设备来捕捉驾驶行为。特斯拉使用车内的特定功能根据实际驾驶来评估溢价。</li><li>安全评分每天更新，以提供驾驶安全的实时反馈。每日安全评分相结合（最多30天），根据当月的驾驶活动提供溢价。以下是保费如何根据每月分数而变化的示例。传统保险公司不提供每日更新和每月保费变化。相反，在收到分数和保费变化之前，通常会有6个月的监控期。</li></blockquote></p><p></li> </ul> <img src=\"https://static.tigerbbs.com/1ddc2c7837f9b0fcc32dca3d7729b1b2\" tg-width=\"766\" tg-height=\"261\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"></p><p><blockquote></blockquote></p><p> <ul>  <li>Based on the introduction of the Safety Score and partnership with Repoint Insurance, Tesla Insurance is the cheapest option for full coverage in Texas.</p><p><blockquote><ul><li>基于安全评分的引入以及与Repoint Insurance的合作，特斯拉保险是德克萨斯最便宜的全险选择。</li></ul></blockquote></p><p></li> </ul> <img src=\"https://static.tigerbbs.com/5cb75573bd60617bd436ac602c36bd13\" tg-width=\"734\" tg-height=\"552\" width=\"100%\" height=\"auto\"></p><p><blockquote></blockquote></p><p> <ul>  <li>Lastly, and most importantly, the company will be able to leverage first party data to predict collision frequency due to the technology within Tesla cars. Other insurance carriers will likely have to partner with different manufacturers to capture data within cars at the point of sale, Tesla already has first party data.</p><p><blockquote><ul><li>最后，也是最重要的是，由于特斯拉汽车内部的技术，该公司将能够利用第一方数据来预测碰撞频率。其他保险公司可能必须与不同的制造商合作，在销售点捕获汽车内的数据，特斯拉已经拥有第一方数据。</li></ul></blockquote></p><p></li> </ul> CFO, Zachary Kirkhorn,explained:</p><p><blockquote>首席财务官Zachary Kirkhorn解释道：</blockquote></p><p>   At Tesla, because our cars are connected, because they are essentially computers on wheels, there's enormous amounts of data that we have available to us to be able to assess the attributes of a driver who's operating that car, and whether those attributes correlate with safety.    We've been able to go back and analyze that data and we've learned 2 things coming from that. The first is that the probability of collision for a customer using safety score versus not is 30% lower. That's a pretty big difference.    It means that the product is working and customers are responding to it. The second thing that we've looked at is what is the probability of collision based upon actual data as a function of a driver safety score. And that is aligning with our models. Most notably, if you're in the top tier of safety compared to lower tiers, there's multiplex difference in probability of collision based upon actual data.  Tesla is looking at hundreds of different variables and billions of miles of driving history to predict loss frequency and price each risk individually. The dataset will continue to grow and get better as Tesla sells more cars and as people drive more. Tesla is planning to launch personal auto insurance in every major market in which they have cars.</p><p><blockquote>在特斯拉，因为我们的汽车是联网的，因为它们本质上是轮子上的计算机，所以我们可以获得大量数据来评估驾驶汽车的驾驶员的属性，以及这些属性是否与安全相关。我们能够回去分析这些数据，从中我们学到了两件事。首先，使用安全评分的客户与不使用安全评分的客户发生碰撞的概率要低30%。这是一个相当大的区别。这意味着产品正在发挥作用，客户正在对它做出反应。我们研究的第二件事是基于实际数据的碰撞概率是多少，作为驾驶员安全得分的函数。这与我们的模型一致。最值得注意的是，如果与较低的安全层相比，您处于最高安全层，则根据实际数据，碰撞概率存在多重差异。特斯拉正在研究数百个不同的变量和数十亿英里的驾驶历史，以预测损失频率并单独为每种风险定价。随着特斯拉销售更多汽车和人们驾驶更多汽车，数据集将继续增长并变得更好。特斯拉计划在每个拥有汽车的主要市场推出个人汽车保险。</blockquote></p><p> <b>Risks to Consider</b></p><p><blockquote><b>需要考虑的风险</b></blockquote></p><p></p><p> So far it must seem that Tesla is in a great position to capitalize on this new frontier. While that might be true, we also have to consider a couple of important risks:</p><p><blockquote>到目前为止，特斯拉似乎在利用这一新领域方面处于有利地位。虽然这可能是真的，但我们还必须考虑几个重要的风险：</blockquote></p><p> <ul>  <li>It will not be easy to disrupt this massive industry dominated by the top 10 companies. The top 10 and others have a century of insurance acumen have already moved to introduce ever improving UBI programs. Additionally, up and coming insurance pure plays like&nbsp;Lemonade&nbsp;and&nbsp;Root&nbsp;already have or are working to expand on their UBI programs.</p><p><blockquote><ul><li>颠覆这个由前10家公司主导的庞大行业并不容易。前10名和其他拥有一个世纪保险敏锐度的公司已经开始引入不断改进的UBI计划。此外，Lemonade和Root等新兴保险纯公司已经或正在努力扩大其UBI计划。</li></ul></blockquote></p><p></li>  <li>Personal auto insurance is a complex business with strict regulations by state. It won't be easy to navigate this landscape. Here’s how Elon Musk described it at the&nbsp;Annual Shareholders’ meeting:</p><p><blockquote><li>个人汽车保险是一项复杂的业务，各州都有严格的规定。在这片土地上航行并不容易。埃隆·马斯克(Elon Musk)在年度股东大会上是这样描述的：</li></blockquote></p><p></li> </ul>   Tesla insurance. Yes. So, like the degree in which insurance is a regulatory labyrinth is insane. It was like designed to be hard feeling you guys. I don’t know if it’s – but it certainly is very difficult. So, there is a zillion applications, and you have to wait for a bunch of time. And get it’s come long and complicated and a lot of it is state-by-state. Most of it is state-by-state. So, we are just processing applications in states across the country. And then the states also have different regulations. So, you can’t actually – aren’t legally allowed to offer the same insurance in every state. So, you have got to adjust the software to be different every state. It’s basically very complicated.  <ul>  <li>Typically, the unit economics within personal auto insurance have been poor. Even Progressive, one of the best auto insurers on the market, aims for a profit margin of ~6% after accounting for losses and expenses (including claim handling costs). With Tesla’s digital experience, the expenses are likely to be lower than traditional auto insurance sales and service. The loss ratio is much harder to predict despite the Safety Score indicating a 30% lower likelihood of a collision. It begs the question: what type of margins will the company achieve with its insurance offering?</p><p><blockquote>特斯拉保险公司。是的。所以，保险是一个监管迷宫的程度是疯狂的。这就像是被设计成让你们感觉不好。我不知道是不是——但这确实非常困难。所以，有无数的申请，你必须等待一堆时间。这是漫长而复杂的，而且很多都是各州的。大部分是逐州的。所以，我们只是在全国各州处理申请。然后各州也有不同的规定。所以，你实际上不能——法律上不允许在每个州提供相同的保险。所以，你必须调整软件，使每个州都不一样。基本上很复杂。<ul><li>通常情况下，个人汽车保险的单位经济性很差。即使是市场上最好的汽车保险公司之一Progressive，在考虑损失和费用（包括索赔处理成本）后，利润率也达到约6%。凭借特斯拉的数字化经验，费用很可能低于传统的车险销售和服务。尽管安全评分表明碰撞的可能性降低了30%，但损失率更难预测。这就引出了一个问题：该公司将通过其保险产品获得什么样的利润？</li></ul></blockquote></p><p></li> </ul> <b>Financial Impact of Tesla Insurance</b></p><p><blockquote><b>特斯拉保险的财务影响</b></blockquote></p><p> On the&nbsp;3Q20 earnings call, Musk noted that Tesla has a goal to hit 20 million in vehicle sales per year by 2030. That's a lofty goal but let's use that as a basis to see what impact Tesla Insurance could have on the financials.</p><p><blockquote>在2020年第三季度财报看涨期权上，马斯克指出，特斯拉的目标是到2030年汽车年销量达到2000万辆。这是一个崇高的目标，但让我们以此为基础，看看特斯拉保险可能对财务状况产生什么影响。</blockquote></p><p> If Tesla can sell 20 million vehicles per year by 2030 and the average cost of Tesla Insurance is $1,795 (based on TX results shared earlier), Tesla Insurance would generate ~$36 billion in revenue by 2030 assuming every vehicle chooses Tesla Insurance.</p><p><blockquote>如果特斯拉到2030年每年能够销售2000万辆汽车，而特斯拉保险的平均成本为1,795美元（基于之前分享的德克萨斯州结果），那么假设每辆车都选择特斯拉保险，到2030年特斯拉保险将产生约360亿美元的收入。</blockquote></p><p> Nobody knows if Tesla will sell 20 million vehicles per year by 2030, what the average cost of Tesla Insurance will look like, or if customers will actually buy Tesla Insurance over other carriers. Nonetheless, it is helpful to look at what could happen. As you can see below, even if Tesla doesn't reach 20M in vehicles sales per year by 2030, it could still generate meaningful revenue from its insurance offering.</p><p><blockquote>没有人知道到2030年特斯拉是否会每年销售2000万辆汽车，特斯拉保险的平均成本会是多少，或者客户是否真的会购买特斯拉保险而不是其他保险公司。尽管如此，看看可能会发生什么是有帮助的。如下图所示，即使特斯拉到2030年汽车年销量达不到2000万辆，它仍然可以从其保险产品中产生可观的收入。</blockquote></p><p> Musk specifically stated on the 3Q20 earnings call that \"insurance could very well be 30%, 40% of the value of the car business, frankly.\"</p><p><blockquote>Musk在3Q20财报看涨期权上特别表示，“坦率地说，保险很可能占汽车业务价值的30%、40%。”</blockquote></p><p> <img src=\"https://static.tigerbbs.com/71469743b3b6f7ffab4202e00bd2a12f\" tg-width=\"625\" tg-height=\"248\" width=\"100%\" height=\"auto\"></p><p><blockquote></blockquote></p><p> With Tesla Insurance, it's easier to derive top line estimates compared to bottom line estimates. Currently, there is no way to tell what the profit margin for Tesla's insurance product will look like, but, we can estimate.</p><p><blockquote>有了特斯拉保险，与底线估计相比，更容易得出顶线估计。目前，没有办法知道特斯拉保险产品的利润率会是多少，但是，我们可以估计。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/ea1219fdafad7124ac4604ee9267da6e\" tg-width=\"624\" tg-height=\"222\" width=\"100%\" height=\"auto\"></p><p><blockquote></blockquote></p><p> If we assume a profit margin of 6% (based on Progressive) and the best case scenario of 20M vehicles sold per year by 2030, Tesla will generate ~$2.2B of income. If Tesla Insurance can achieve a higher profit margin, it will make a meaningful contribution to overall profit over time.</p><p><blockquote>如果我们假设利润率为6%（基于Progressive）以及到2030年每年销售2000万辆汽车的最佳情况，特斯拉将产生约2.2 B美元的收入。如果特斯拉能够实现更高的利润率，随着时间的推移，它将对整体利润做出有意义的贡献。</blockquote></p><p> Please note that the above examples are merely high level projections and won't be accurate in all likelihood. For example, the 20 million vehicle sales per year by 2030 is a global target and Insurance in certain countries outside the U.S is either not required or treated much differently. It will be easier to predict what the financials for Tesla Insurance could look like as the company expands its products into additional states and as we receive more information.</p><p><blockquote>请注意，上面的例子仅仅是高层次的预测，并不一定准确。例如，到2030年每年销售2000万辆汽车是一个全球目标，美国以外的某些国家要么不需要保险，要么待遇有很大不同。随着特斯拉保险公司将其产品扩展到更多州以及我们收到更多信息，预测该公司的财务状况将变得更加容易。</blockquote></p><p> <b>Conclusion</b></p><p><blockquote><b>结论</b></blockquote></p><p></p><p> Tesla Insurance has a long runway ahead but it won't be an overnight success. It will likely take significant time to launch the product in different states. The overall share of new car sales that are EVs within the U.S is expected to be&nbsp;30%&nbsp;by 2030, meaning that adoption will be slow and steady. As the story unfolds, Tesla will have to successfully compete with age-old and up and coming personal auto carriers, navigate through complex state by state regulations, and try to generate meaningful revenue and profit.</p><p><blockquote>特斯拉保险公司还有很长的路要走，但它不会一夜之间取得成功。在不同的州推出该产品可能需要很长时间。到2030年，电动汽车在美国新车销量中的总体份额预计将达到30%，这意味着采用将缓慢而稳定。随着故事的展开，特斯拉将必须成功地与历史悠久且崭露头角的个人汽车运输公司竞争，通过各州复杂的法规，并努力创造有意义的收入和利润。</blockquote></p><p> At this point, I don't know if Tesla will be able to disrupt and compete within the personal auto industry, but time will tell. I know I'll be watching from the sidelines and I wouldn't bet against them!</p><p><blockquote>在这一点上，我不知道特斯拉是否能够在个人汽车行业内颠覆和竞争，但时间会证明一切。我知道我会在一旁看着，我不会和他们打赌！</blockquote></p><p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Tesla Insurance: A New And Exciting Frontier<blockquote>特斯拉保险：令人兴奋的新领域</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTesla Insurance: A New And Exciting Frontier<blockquote>特斯拉保险：令人兴奋的新领域</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Seeking Alpha</strong><span class=\"h-time small\">2021-11-24 13:33</span>\n</p>\n</h4>\n</header>\n<article>\n<p><b>Summary</b></p><p><blockquote><b>总结</b></blockquote></p><p> <ul>  <li>Tesla Insurance is a new and exciting frontier for the company.</li>  <li>I briefly explore the current personal auto insurance landscape and then analyze the Tesla Insurance Offering including the newly introduced Safety Score in Texas.</li>  <li>I also cover the risks and the financial impact Tesla Insurance could have.</li>  <li>Tesla Insurance has a long runway ahead but it won't be an overnight success. Nonetheless, I wouldn't bet against Tesla successfully disrupting and competing within the personal auto insurance market.</li> </ul> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/7f8bf7a2038aee5e70a8ab437ca3712b\" tg-width=\"1536\" tg-height=\"1020\" referrerpolicy=\"no-referrer\"><span>Ridofranz/iStock via Getty Images</span></p><p><blockquote><ul><li>特斯拉保险对该公司来说是一个令人兴奋的新领域。</li><li>我简要探讨了当前的个人汽车保险前景，然后分析了特斯拉的保险产品，包括德克萨斯新推出的安全评分。</li><li>我还承保特斯拉保险可能产生的风险和财务影响。</li><li>特斯拉保险公司还有很长的路要走，但它不会一夜之间取得成功。尽管如此，我不认为特斯拉会成功颠覆和竞争个人汽车保险市场。</li></ul><p class=\"t-img-caption\"><span>Ridofranz/iStock来自Getty Images</span></p></blockquote></p><p> What typically comes to mind when you think of personal auto insurance? For the average consumer, insurance is hard to understand, considered expensive, and somewhat boring.</p><p><blockquote>当你想到个人汽车保险时，你通常会想到什么？对于普通消费者来说，保险很难理解，被认为很贵，而且有些无聊。</blockquote></p><p> While that might be true, it doesn't have to be this way. Tesla (TSLA) has introduced Tesla insurance in California and more recently in Texas. With this article, we’ll briefly explore the personal auto insurance landscape, dig deeper into the Tesla personal auto insurance product, and look at what it could mean for Tesla moving forward.</p><p><blockquote>虽然这可能是真的，但不一定是这样的。特斯拉（TSLA）已在加州推出特斯拉保险，最近又在德克萨斯推出。在本文中，我们将简要探讨个人汽车保险的前景，更深入地挖掘特斯拉个人汽车保险产品，并看看它对特斯拉的未来意味着什么。</blockquote></p><p> <b>The Personal Auto Insurance Landscape</b></p><p><blockquote><b>个人汽车保险格局</b></blockquote></p><p> Personal auto insurance is a mandatory requirement in all but&nbsp;two states&nbsp;within the U.S (Virginia and New Hampshire). Most insurance carriers price insurance using traditional factors (credit score, age, gender, location, driving and vehicle history, etc.) with the option of enrolling into a Usage-Based Insurance (UBI) program.</p><p><blockquote>除了两个州（弗吉尼亚州和新罕布什尔州）之外，美国所有州都必须购买个人汽车保险。大多数保险公司使用传统因素（信用评分、年龄、性别、地点、驾驶和车辆历史等）为保险定价。）可以选择加入基于使用的保险（UBI）计划。</blockquote></p><p> A UBI program helps align your auto policy’s cost with your driving habits. Take a look at&nbsp;Progressive(PGR) or&nbsp;Travelers’ (TRV) programs as examples. Nonetheless, traditional insurers still use the aforementioned traditional factors first and foremost with an optional UBI offering.</p><p><blockquote>UBI计划有助于使您的汽车保单成本与您的驾驶习惯保持一致。以进步(PGR)或旅行者(TRV)计划为例。尽管如此，传统保险公司仍然首先使用上述传统因素，并提供可选的UBI产品。</blockquote></p><p> The personal auto market wrote about&nbsp;$250B&nbsp;in premium in 2020. There is a ton of opportunity for Tesla to generate meaningful revenue over time. However, the current top 10 players accounted for ~75% or 3/4 of the total written premiums in 2020. State Farm had the highest market share at 16.2%, followed by the likes of Berkshire Hathaway or Geico (BRK.A), Progressive, and Allstate (ALL).</p><p><blockquote>2020年，个人汽车市场的保费约为2500亿美元。随着时间的推移，特斯拉有很多机会产生有意义的收入。然而，目前排名前10的玩家约占2020年总承保保费的75%或3/4。State Farm的市场份额最高，为16.2%，其次是伯克希尔哈撒韦公司或Geico(BRK.A)、Progressive和Allstate(ALL)等公司。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/2897c9ed5291406d6d1c560c1e8794da\" tg-width=\"612\" tg-height=\"383\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p> Lemonade (LMND), Metromile (MILE) (recently acquired by Lemonade), Root (ROOT), and others that are only pricing personal auto insurance on how one drives instead of traditional factors are trying to disrupt this massive industry. Tesla is now trying to do the same.</p><p><blockquote>Lemonade(LMND)、Metromile(MILE)（最近被Lemonade收购）、Root(ROOT)以及其他仅根据驾驶方式而不是传统因素为个人汽车保险定价的公司正试图颠覆这个庞大的行业。特斯拉现在也在尝试做同样的事情。</blockquote></p><p> <b>Tesla’s Personal Auto Insurance Offering</b></p><p><blockquote><b>特斯拉的个人汽车保险产品</b></blockquote></p><p> Tesla first introduced personal auto insurance in California in 2019 through State National Insurance. More recently, the company took the next step forward in its insurance journey by offering personal auto insurance in Texas through the underwriting company Redpoint County Mutual Insurance. It's important to note that Tesla isn't an underwriting company, it is partnering with underwriting companies to offer its product under the Tesla Insurance name.</p><p><blockquote>特斯拉于2019年通过州国民保险首次在加州推出个人汽车保险。最近，该公司通过承保公司红点县互助保险公司在德克萨斯州提供个人汽车保险，在其保险之旅中又向前迈出了一步。值得注意的是，特斯拉不是一家承保公司，它与承保公司合作，以特斯拉保险的名义提供其产品。</blockquote></p><p> The premium is determined based on what vehicle you drive, your provided address, how much you drive, and what coverage you select. The company is not using traditional variables like credit, age, gender, and claim history to price their insurance. With Texas, Tesla also introduced their UBI program called the Safety Score as an additional factor in determining premium.</p><p><blockquote>保费取决于您驾驶的车辆、您提供的地址、您驾驶的次数以及您选择的保险范围。该公司没有使用信用、年龄、性别和索赔历史等传统变量来为保险定价。与德克萨斯一起，特斯拉还推出了名为安全评分的UBI计划，作为确定保费的附加因素。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/dacd23bb5a7dae5da6bf2ccf5415b666\" tg-width=\"622\" tg-height=\"410\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p> The Safety Score is based on driving behavior and assigns the driver a score from 0 to 100 based on five safety factors:</p><p><blockquote>安全评分基于驾驶行为，根据五个安全因素为驾驶员分配0到100的分数：</blockquote></p><p> <b>1. Forward Collision Warnings per 1,000 Miles:</b>Audible and visual alerts provided to the driver in situations where a possible collision could occur due to an object in front of the vehicle. Maintaining a safe distance and paying attention to the traffic around you helps improve your score.</p><p><blockquote><b>1.每1,000英里前方碰撞警告：</b>在由于车辆前方的物体而可能发生碰撞的情况下，向驾驶员提供听觉和视觉警报。保持安全距离，注意周围的交通有助于提高分数。</blockquote></p><p> <b>2. Hard Braking*:</b>Defined as a decrease in the vehicle’s speed larger than 6.7 mph, in one second. Despite the definition, I think we all know what hard braking is. The Safety score can be improved by engaging the brake pedal early when slowing down, coming to a stop, or reacting to a change in the environment.</p><p><blockquote><b>2.急刹车*：</b>定义为一秒钟内车速下降超过6.7英里/小时。尽管有定义，我想我们都知道什么是急刹车。通过在减速、停车或对环境变化做出反应时尽早踩下制动踏板，可以提高安全得分。</blockquote></p><p> <b>3. Aggressive Turning*:</b>Defined as an increase in vehicle’s speed to the left/right greater than 8.9 mph, in one second. Again, we all know aggressive turning when we see it. The Safety Score can be improved by turning, changing lanes, or rounding a corner gradually instead of aggressively.</p><p><blockquote><b>3.激进转弯*：</b>定义为在一秒钟内车辆向左/向右的速度增加超过8.9英里/小时。还是那句话，当我们看到激进转弯时，我们都知道它。安全得分可以通过逐渐而不是激进地转弯、变道或转弯来提高。</blockquote></p><p></p><p> <b>4. Unsafe Following*:</b>Tesla vehicles measure their own speed, the speed of the vehicle in front of them and the distance between the two vehicles. Based on these measurements, Tesla calculates Headway, or the number of seconds you would have to react and stop if the vehicle in front of you came to a sudden stop. Unsafe following is the proportion of time where your vehicle’s headway is less than 1.0 seconds relative to the time that your vehicle’s headway is less than 3.0 seconds. Unsafe following is only measured when your vehicle is traveling at least 50 mph. The Safety Score can be improved by not tailgating or driving close to the vehicle in front of you so you have enough time to react.</p><p><blockquote><b>4.以下不安全*：</b>特斯拉汽车测量自己的速度、前车的速度以及两车之间的距离。根据这些测量结果，特斯拉计算车头时距，或者如果您前面的车辆突然停下来，您必须做出反应并停车的秒数。不安全跟车是车辆车头时距小于1.0秒的时间相对于车辆车头时距小于3.0秒的时间的比例。只有当您的车辆以至少50英里/小时的速度行驶时，才会测量不安全跟随。安全得分可以通过不尾随或靠近你前面的车辆来提高，这样你就有足够的时间做出反应。</blockquote></p><p> <b>5. Forced Autopilot Disengagement:</b>If you remove your hands from the steering wheel during Autopilot, an audio and visual warning is sent to the driver. Three of these warnings result in Autopilot system disengagement for the remainder of a trip.</p><p><blockquote><b>5.强制自动驾驶脱离：</b>如果您在Autopilot期间将手从方向盘上移开，则会向驾驶员发送音频和视频警告。其中三个警告会导致自动驾驶系统在剩余行程中脱离。</blockquote></p><p> *Not factored into the Safety Score formula when on Autopilot</p><p><blockquote>*自动驾驶时不计入安全评分公式</blockquote></p><p> These factors are measured directly by the Tesla models using various sensors on the vehicle and Autopilot software. Although this is a significant step forward in Tesla’s insurance journey, The Safety Score isn’t something that’s new.</p><p><blockquote>这些因素由特斯拉模型使用车辆上的各种传感器和自动驾驶软件直接测量。尽管这是特斯拉保险之旅向前迈出的重要一步，但安全评分并不是什么新鲜事。</blockquote></p><p> Many major U.S personal auto insurers have introduced optional UBI programs that assign a score to the driver. Nonetheless, there are a couple of meaningful items that differentiate Tesla.</p><p><blockquote>许多美国主要个人汽车保险公司都推出了可选的UBI计划，为驾驶员分配分数。尽管如此，有几个有意义的项目使特斯拉与众不同。</blockquote></p><p> <ul>  <li>Some of the factors introduced by Tesla in Texas are different to what other insurance carriers have. For example, Progressive doesn’t have forward collision warnings or unsafe following as factors. On the other hand, Progressive includes late night driving and driving less overall as factors within their UBI program. Tesla is likely to introduce new factors and tweak existing factors within the Safety Score as more data becomes available.</p><p><blockquote><ul><li>特斯拉在德克萨斯引入的一些因素与其他保险公司不同。例如，Progressive没有前方碰撞警告或不安全跟随作为因素。另一方面，Progressive将深夜驾驶和整体驾驶减少作为其UBI计划中的因素。随着更多数据的获得，特斯拉可能会在安全评分中引入新因素并调整现有因素。</li></ul></blockquote></p><p></li>  <li>Unlike other major carriers, Tesla doesn't require and additional device to be installed in the vehicle to capture driving behavior. Tesla uses specific features within the vehicle to evaluate premium based on actual driving.</li>  <li>The Safety Score is updated daily to provide real-time feedback on driving safety. The daily Safety Scores are combined (up to 30 days) to provide a premium based on the months’ driving activity. Below is an example of how the premium could change based on the score by month. Traditional insurance carriers don’t offer daily updates and change in premiums by month. Instead, it’s typical to have a monitoring period of 6 months before receiving a score and change in premium.</p><p><blockquote><li>与其他主要运营商不同，特斯拉不需要在车辆中安装额外的设备来捕捉驾驶行为。特斯拉使用车内的特定功能根据实际驾驶来评估溢价。</li><li>安全评分每天更新，以提供驾驶安全的实时反馈。每日安全评分相结合（最多30天），根据当月的驾驶活动提供溢价。以下是保费如何根据每月分数而变化的示例。传统保险公司不提供每日更新和每月保费变化。相反，在收到分数和保费变化之前，通常会有6个月的监控期。</li></blockquote></p><p></li> </ul> <img src=\"https://static.tigerbbs.com/1ddc2c7837f9b0fcc32dca3d7729b1b2\" tg-width=\"766\" tg-height=\"261\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"></p><p><blockquote></blockquote></p><p> <ul>  <li>Based on the introduction of the Safety Score and partnership with Repoint Insurance, Tesla Insurance is the cheapest option for full coverage in Texas.</p><p><blockquote><ul><li>基于安全评分的引入以及与Repoint Insurance的合作，特斯拉保险是德克萨斯最便宜的全险选择。</li></ul></blockquote></p><p></li> </ul> <img src=\"https://static.tigerbbs.com/5cb75573bd60617bd436ac602c36bd13\" tg-width=\"734\" tg-height=\"552\" width=\"100%\" height=\"auto\"></p><p><blockquote></blockquote></p><p> <ul>  <li>Lastly, and most importantly, the company will be able to leverage first party data to predict collision frequency due to the technology within Tesla cars. Other insurance carriers will likely have to partner with different manufacturers to capture data within cars at the point of sale, Tesla already has first party data.</p><p><blockquote><ul><li>最后，也是最重要的是，由于特斯拉汽车内部的技术，该公司将能够利用第一方数据来预测碰撞频率。其他保险公司可能必须与不同的制造商合作，在销售点捕获汽车内的数据，特斯拉已经拥有第一方数据。</li></ul></blockquote></p><p></li> </ul> CFO, Zachary Kirkhorn,explained:</p><p><blockquote>首席财务官Zachary Kirkhorn解释道：</blockquote></p><p>   At Tesla, because our cars are connected, because they are essentially computers on wheels, there's enormous amounts of data that we have available to us to be able to assess the attributes of a driver who's operating that car, and whether those attributes correlate with safety.    We've been able to go back and analyze that data and we've learned 2 things coming from that. The first is that the probability of collision for a customer using safety score versus not is 30% lower. That's a pretty big difference.    It means that the product is working and customers are responding to it. The second thing that we've looked at is what is the probability of collision based upon actual data as a function of a driver safety score. And that is aligning with our models. Most notably, if you're in the top tier of safety compared to lower tiers, there's multiplex difference in probability of collision based upon actual data.  Tesla is looking at hundreds of different variables and billions of miles of driving history to predict loss frequency and price each risk individually. The dataset will continue to grow and get better as Tesla sells more cars and as people drive more. Tesla is planning to launch personal auto insurance in every major market in which they have cars.</p><p><blockquote>在特斯拉，因为我们的汽车是联网的，因为它们本质上是轮子上的计算机，所以我们可以获得大量数据来评估驾驶汽车的驾驶员的属性，以及这些属性是否与安全相关。我们能够回去分析这些数据，从中我们学到了两件事。首先，使用安全评分的客户与不使用安全评分的客户发生碰撞的概率要低30%。这是一个相当大的区别。这意味着产品正在发挥作用，客户正在对它做出反应。我们研究的第二件事是基于实际数据的碰撞概率是多少，作为驾驶员安全得分的函数。这与我们的模型一致。最值得注意的是，如果与较低的安全层相比，您处于最高安全层，则根据实际数据，碰撞概率存在多重差异。特斯拉正在研究数百个不同的变量和数十亿英里的驾驶历史，以预测损失频率并单独为每种风险定价。随着特斯拉销售更多汽车和人们驾驶更多汽车，数据集将继续增长并变得更好。特斯拉计划在每个拥有汽车的主要市场推出个人汽车保险。</blockquote></p><p> <b>Risks to Consider</b></p><p><blockquote><b>需要考虑的风险</b></blockquote></p><p></p><p> So far it must seem that Tesla is in a great position to capitalize on this new frontier. While that might be true, we also have to consider a couple of important risks:</p><p><blockquote>到目前为止，特斯拉似乎在利用这一新领域方面处于有利地位。虽然这可能是真的，但我们还必须考虑几个重要的风险：</blockquote></p><p> <ul>  <li>It will not be easy to disrupt this massive industry dominated by the top 10 companies. The top 10 and others have a century of insurance acumen have already moved to introduce ever improving UBI programs. Additionally, up and coming insurance pure plays like&nbsp;Lemonade&nbsp;and&nbsp;Root&nbsp;already have or are working to expand on their UBI programs.</p><p><blockquote><ul><li>颠覆这个由前10家公司主导的庞大行业并不容易。前10名和其他拥有一个世纪保险敏锐度的公司已经开始引入不断改进的UBI计划。此外，Lemonade和Root等新兴保险纯公司已经或正在努力扩大其UBI计划。</li></ul></blockquote></p><p></li>  <li>Personal auto insurance is a complex business with strict regulations by state. It won't be easy to navigate this landscape. Here’s how Elon Musk described it at the&nbsp;Annual Shareholders’ meeting:</p><p><blockquote><li>个人汽车保险是一项复杂的业务，各州都有严格的规定。在这片土地上航行并不容易。埃隆·马斯克(Elon Musk)在年度股东大会上是这样描述的：</li></blockquote></p><p></li> </ul>   Tesla insurance. Yes. So, like the degree in which insurance is a regulatory labyrinth is insane. It was like designed to be hard feeling you guys. I don’t know if it’s – but it certainly is very difficult. So, there is a zillion applications, and you have to wait for a bunch of time. And get it’s come long and complicated and a lot of it is state-by-state. Most of it is state-by-state. So, we are just processing applications in states across the country. And then the states also have different regulations. So, you can’t actually – aren’t legally allowed to offer the same insurance in every state. So, you have got to adjust the software to be different every state. It’s basically very complicated.  <ul>  <li>Typically, the unit economics within personal auto insurance have been poor. Even Progressive, one of the best auto insurers on the market, aims for a profit margin of ~6% after accounting for losses and expenses (including claim handling costs). With Tesla’s digital experience, the expenses are likely to be lower than traditional auto insurance sales and service. The loss ratio is much harder to predict despite the Safety Score indicating a 30% lower likelihood of a collision. It begs the question: what type of margins will the company achieve with its insurance offering?</p><p><blockquote>特斯拉保险公司。是的。所以，保险是一个监管迷宫的程度是疯狂的。这就像是被设计成让你们感觉不好。我不知道是不是——但这确实非常困难。所以，有无数的申请，你必须等待一堆时间。这是漫长而复杂的，而且很多都是各州的。大部分是逐州的。所以，我们只是在全国各州处理申请。然后各州也有不同的规定。所以，你实际上不能——法律上不允许在每个州提供相同的保险。所以，你必须调整软件，使每个州都不一样。基本上很复杂。<ul><li>通常情况下，个人汽车保险的单位经济性很差。即使是市场上最好的汽车保险公司之一Progressive，在考虑损失和费用（包括索赔处理成本）后，利润率也达到约6%。凭借特斯拉的数字化经验，费用很可能低于传统的车险销售和服务。尽管安全评分表明碰撞的可能性降低了30%，但损失率更难预测。这就引出了一个问题：该公司将通过其保险产品获得什么样的利润？</li></ul></blockquote></p><p></li> </ul> <b>Financial Impact of Tesla Insurance</b></p><p><blockquote><b>特斯拉保险的财务影响</b></blockquote></p><p> On the&nbsp;3Q20 earnings call, Musk noted that Tesla has a goal to hit 20 million in vehicle sales per year by 2030. That's a lofty goal but let's use that as a basis to see what impact Tesla Insurance could have on the financials.</p><p><blockquote>在2020年第三季度财报看涨期权上，马斯克指出，特斯拉的目标是到2030年汽车年销量达到2000万辆。这是一个崇高的目标，但让我们以此为基础，看看特斯拉保险可能对财务状况产生什么影响。</blockquote></p><p> If Tesla can sell 20 million vehicles per year by 2030 and the average cost of Tesla Insurance is $1,795 (based on TX results shared earlier), Tesla Insurance would generate ~$36 billion in revenue by 2030 assuming every vehicle chooses Tesla Insurance.</p><p><blockquote>如果特斯拉到2030年每年能够销售2000万辆汽车，而特斯拉保险的平均成本为1,795美元（基于之前分享的德克萨斯州结果），那么假设每辆车都选择特斯拉保险，到2030年特斯拉保险将产生约360亿美元的收入。</blockquote></p><p> Nobody knows if Tesla will sell 20 million vehicles per year by 2030, what the average cost of Tesla Insurance will look like, or if customers will actually buy Tesla Insurance over other carriers. Nonetheless, it is helpful to look at what could happen. As you can see below, even if Tesla doesn't reach 20M in vehicles sales per year by 2030, it could still generate meaningful revenue from its insurance offering.</p><p><blockquote>没有人知道到2030年特斯拉是否会每年销售2000万辆汽车，特斯拉保险的平均成本会是多少，或者客户是否真的会购买特斯拉保险而不是其他保险公司。尽管如此，看看可能会发生什么是有帮助的。如下图所示，即使特斯拉到2030年汽车年销量达不到2000万辆，它仍然可以从其保险产品中产生可观的收入。</blockquote></p><p> Musk specifically stated on the 3Q20 earnings call that \"insurance could very well be 30%, 40% of the value of the car business, frankly.\"</p><p><blockquote>Musk在3Q20财报看涨期权上特别表示，“坦率地说，保险很可能占汽车业务价值的30%、40%。”</blockquote></p><p> <img src=\"https://static.tigerbbs.com/71469743b3b6f7ffab4202e00bd2a12f\" tg-width=\"625\" tg-height=\"248\" width=\"100%\" height=\"auto\"></p><p><blockquote></blockquote></p><p> With Tesla Insurance, it's easier to derive top line estimates compared to bottom line estimates. Currently, there is no way to tell what the profit margin for Tesla's insurance product will look like, but, we can estimate.</p><p><blockquote>有了特斯拉保险，与底线估计相比，更容易得出顶线估计。目前，没有办法知道特斯拉保险产品的利润率会是多少，但是，我们可以估计。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/ea1219fdafad7124ac4604ee9267da6e\" tg-width=\"624\" tg-height=\"222\" width=\"100%\" height=\"auto\"></p><p><blockquote></blockquote></p><p> If we assume a profit margin of 6% (based on Progressive) and the best case scenario of 20M vehicles sold per year by 2030, Tesla will generate ~$2.2B of income. If Tesla Insurance can achieve a higher profit margin, it will make a meaningful contribution to overall profit over time.</p><p><blockquote>如果我们假设利润率为6%（基于Progressive）以及到2030年每年销售2000万辆汽车的最佳情况，特斯拉将产生约2.2 B美元的收入。如果特斯拉能够实现更高的利润率，随着时间的推移，它将对整体利润做出有意义的贡献。</blockquote></p><p> Please note that the above examples are merely high level projections and won't be accurate in all likelihood. For example, the 20 million vehicle sales per year by 2030 is a global target and Insurance in certain countries outside the U.S is either not required or treated much differently. It will be easier to predict what the financials for Tesla Insurance could look like as the company expands its products into additional states and as we receive more information.</p><p><blockquote>请注意，上面的例子仅仅是高层次的预测，并不一定准确。例如，到2030年每年销售2000万辆汽车是一个全球目标，美国以外的某些国家要么不需要保险，要么待遇有很大不同。随着特斯拉保险公司将其产品扩展到更多州以及我们收到更多信息，预测该公司的财务状况将变得更加容易。</blockquote></p><p> <b>Conclusion</b></p><p><blockquote><b>结论</b></blockquote></p><p></p><p> Tesla Insurance has a long runway ahead but it won't be an overnight success. It will likely take significant time to launch the product in different states. The overall share of new car sales that are EVs within the U.S is expected to be&nbsp;30%&nbsp;by 2030, meaning that adoption will be slow and steady. As the story unfolds, Tesla will have to successfully compete with age-old and up and coming personal auto carriers, navigate through complex state by state regulations, and try to generate meaningful revenue and profit.</p><p><blockquote>特斯拉保险公司还有很长的路要走，但它不会一夜之间取得成功。在不同的州推出该产品可能需要很长时间。到2030年，电动汽车在美国新车销量中的总体份额预计将达到30%，这意味着采用将缓慢而稳定。随着故事的展开，特斯拉将必须成功地与历史悠久且崭露头角的个人汽车运输公司竞争，通过各州复杂的法规，并努力创造有意义的收入和利润。</blockquote></p><p> At this point, I don't know if Tesla will be able to disrupt and compete within the personal auto industry, but time will tell. I know I'll be watching from the sidelines and I wouldn't bet against them!</p><p><blockquote>在这一点上，我不知道特斯拉是否能够在个人汽车行业内颠覆和竞争，但时间会证明一切。我知道我会在一旁看着，我不会和他们打赌！</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://seekingalpha.com/article/4471362-tesla-stock-personal-auto-insurance-a-new-and-exciting-frontier\">Seeking Alpha</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉"},"source_url":"https://seekingalpha.com/article/4471362-tesla-stock-personal-auto-insurance-a-new-and-exciting-frontier","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1141571893","content_text":"Summary\n\nTesla Insurance is a new and exciting frontier for the company.\nI briefly explore the current personal auto insurance landscape and then analyze the Tesla Insurance Offering including the newly introduced Safety Score in Texas.\nI also cover the risks and the financial impact Tesla Insurance could have.\nTesla Insurance has a long runway ahead but it won't be an overnight success. Nonetheless, I wouldn't bet against Tesla successfully disrupting and competing within the personal auto insurance market.\n\nRidofranz/iStock via Getty Images\nWhat typically comes to mind when you think of personal auto insurance? For the average consumer, insurance is hard to understand, considered expensive, and somewhat boring.\nWhile that might be true, it doesn't have to be this way. Tesla (TSLA) has introduced Tesla insurance in California and more recently in Texas. With this article, we’ll briefly explore the personal auto insurance landscape, dig deeper into the Tesla personal auto insurance product, and look at what it could mean for Tesla moving forward.\nThe Personal Auto Insurance Landscape\nPersonal auto insurance is a mandatory requirement in all but two states within the U.S (Virginia and New Hampshire). Most insurance carriers price insurance using traditional factors (credit score, age, gender, location, driving and vehicle history, etc.) with the option of enrolling into a Usage-Based Insurance (UBI) program.\nA UBI program helps align your auto policy’s cost with your driving habits. Take a look at Progressive(PGR) or Travelers’ (TRV) programs as examples. Nonetheless, traditional insurers still use the aforementioned traditional factors first and foremost with an optional UBI offering.\nThe personal auto market wrote about $250B in premium in 2020. There is a ton of opportunity for Tesla to generate meaningful revenue over time. However, the current top 10 players accounted for ~75% or 3/4 of the total written premiums in 2020. State Farm had the highest market share at 16.2%, followed by the likes of Berkshire Hathaway or Geico (BRK.A), Progressive, and Allstate (ALL).\n\nLemonade (LMND), Metromile (MILE) (recently acquired by Lemonade), Root (ROOT), and others that are only pricing personal auto insurance on how one drives instead of traditional factors are trying to disrupt this massive industry. Tesla is now trying to do the same.\nTesla’s Personal Auto Insurance Offering\nTesla first introduced personal auto insurance in California in 2019 through State National Insurance. More recently, the company took the next step forward in its insurance journey by offering personal auto insurance in Texas through the underwriting company Redpoint County Mutual Insurance. It's important to note that Tesla isn't an underwriting company, it is partnering with underwriting companies to offer its product under the Tesla Insurance name.\nThe premium is determined based on what vehicle you drive, your provided address, how much you drive, and what coverage you select. The company is not using traditional variables like credit, age, gender, and claim history to price their insurance. With Texas, Tesla also introduced their UBI program called the Safety Score as an additional factor in determining premium.\n\nThe Safety Score is based on driving behavior and assigns the driver a score from 0 to 100 based on five safety factors:\n1. Forward Collision Warnings per 1,000 Miles:Audible and visual alerts provided to the driver in situations where a possible collision could occur due to an object in front of the vehicle. Maintaining a safe distance and paying attention to the traffic around you helps improve your score.\n2. Hard Braking*:Defined as a decrease in the vehicle’s speed larger than 6.7 mph, in one second. Despite the definition, I think we all know what hard braking is. The Safety score can be improved by engaging the brake pedal early when slowing down, coming to a stop, or reacting to a change in the environment.\n3. Aggressive Turning*:Defined as an increase in vehicle’s speed to the left/right greater than 8.9 mph, in one second. Again, we all know aggressive turning when we see it. The Safety Score can be improved by turning, changing lanes, or rounding a corner gradually instead of aggressively.\n4. Unsafe Following*:Tesla vehicles measure their own speed, the speed of the vehicle in front of them and the distance between the two vehicles. Based on these measurements, Tesla calculates Headway, or the number of seconds you would have to react and stop if the vehicle in front of you came to a sudden stop. Unsafe following is the proportion of time where your vehicle’s headway is less than 1.0 seconds relative to the time that your vehicle’s headway is less than 3.0 seconds. Unsafe following is only measured when your vehicle is traveling at least 50 mph. The Safety Score can be improved by not tailgating or driving close to the vehicle in front of you so you have enough time to react.\n5. Forced Autopilot Disengagement:If you remove your hands from the steering wheel during Autopilot, an audio and visual warning is sent to the driver. Three of these warnings result in Autopilot system disengagement for the remainder of a trip.\n*Not factored into the Safety Score formula when on Autopilot\nThese factors are measured directly by the Tesla models using various sensors on the vehicle and Autopilot software. Although this is a significant step forward in Tesla’s insurance journey, The Safety Score isn’t something that’s new.\nMany major U.S personal auto insurers have introduced optional UBI programs that assign a score to the driver. Nonetheless, there are a couple of meaningful items that differentiate Tesla.\n\nSome of the factors introduced by Tesla in Texas are different to what other insurance carriers have. For example, Progressive doesn’t have forward collision warnings or unsafe following as factors. On the other hand, Progressive includes late night driving and driving less overall as factors within their UBI program. Tesla is likely to introduce new factors and tweak existing factors within the Safety Score as more data becomes available.\nUnlike other major carriers, Tesla doesn't require and additional device to be installed in the vehicle to capture driving behavior. Tesla uses specific features within the vehicle to evaluate premium based on actual driving.\nThe Safety Score is updated daily to provide real-time feedback on driving safety. The daily Safety Scores are combined (up to 30 days) to provide a premium based on the months’ driving activity. Below is an example of how the premium could change based on the score by month. Traditional insurance carriers don’t offer daily updates and change in premiums by month. Instead, it’s typical to have a monitoring period of 6 months before receiving a score and change in premium.\n\n\n\nBased on the introduction of the Safety Score and partnership with Repoint Insurance, Tesla Insurance is the cheapest option for full coverage in Texas.\n\n\n\nLastly, and most importantly, the company will be able to leverage first party data to predict collision frequency due to the technology within Tesla cars. Other insurance carriers will likely have to partner with different manufacturers to capture data within cars at the point of sale, Tesla already has first party data.\n\nCFO, Zachary Kirkhorn,explained:\n\n At Tesla, because our cars are connected, because they are essentially computers on wheels, there's enormous amounts of data that we have available to us to be able to assess the attributes of a driver who's operating that car, and whether those attributes correlate with safety.\n\n\n We've been able to go back and analyze that data and we've learned 2 things coming from that. The first is that the probability of collision for a customer using safety score versus not is 30% lower. That's a pretty big difference.\n\n\n It means that the product is working and customers are responding to it. The second thing that we've looked at is what is the probability of collision based upon actual data as a function of a driver safety score. And that is aligning with our models. Most notably, if you're in the top tier of safety compared to lower tiers, there's multiplex difference in probability of collision based upon actual data.\n\nTesla is looking at hundreds of different variables and billions of miles of driving history to predict loss frequency and price each risk individually. The dataset will continue to grow and get better as Tesla sells more cars and as people drive more. Tesla is planning to launch personal auto insurance in every major market in which they have cars.\nRisks to Consider\nSo far it must seem that Tesla is in a great position to capitalize on this new frontier. While that might be true, we also have to consider a couple of important risks:\n\nIt will not be easy to disrupt this massive industry dominated by the top 10 companies. The top 10 and others have a century of insurance acumen have already moved to introduce ever improving UBI programs. Additionally, up and coming insurance pure plays like Lemonade and Root already have or are working to expand on their UBI programs.\nPersonal auto insurance is a complex business with strict regulations by state. It won't be easy to navigate this landscape. Here’s how Elon Musk described it at the Annual Shareholders’ meeting:\n\n\n Tesla insurance. Yes. So, like the degree in which insurance is a regulatory labyrinth is insane. It was like designed to be hard feeling you guys. I don’t know if it’s – but it certainly is very difficult. So, there is a zillion applications, and you have to wait for a bunch of time. And get it’s come long and complicated and a lot of it is state-by-state. Most of it is state-by-state. So, we are just processing applications in states across the country. And then the states also have different regulations. So, you can’t actually – aren’t legally allowed to offer the same insurance in every state. So, you have got to adjust the software to be different every state. It’s basically very complicated.\n\n\nTypically, the unit economics within personal auto insurance have been poor. Even Progressive, one of the best auto insurers on the market, aims for a profit margin of ~6% after accounting for losses and expenses (including claim handling costs). With Tesla’s digital experience, the expenses are likely to be lower than traditional auto insurance sales and service. The loss ratio is much harder to predict despite the Safety Score indicating a 30% lower likelihood of a collision. It begs the question: what type of margins will the company achieve with its insurance offering?\n\nFinancial Impact of Tesla Insurance\nOn the 3Q20 earnings call, Musk noted that Tesla has a goal to hit 20 million in vehicle sales per year by 2030. That's a lofty goal but let's use that as a basis to see what impact Tesla Insurance could have on the financials.\nIf Tesla can sell 20 million vehicles per year by 2030 and the average cost of Tesla Insurance is $1,795 (based on TX results shared earlier), Tesla Insurance would generate ~$36 billion in revenue by 2030 assuming every vehicle chooses Tesla Insurance.\nNobody knows if Tesla will sell 20 million vehicles per year by 2030, what the average cost of Tesla Insurance will look like, or if customers will actually buy Tesla Insurance over other carriers. Nonetheless, it is helpful to look at what could happen. As you can see below, even if Tesla doesn't reach 20M in vehicles sales per year by 2030, it could still generate meaningful revenue from its insurance offering.\nMusk specifically stated on the 3Q20 earnings call that \"insurance could very well be 30%, 40% of the value of the car business, frankly.\"\n\nWith Tesla Insurance, it's easier to derive top line estimates compared to bottom line estimates. Currently, there is no way to tell what the profit margin for Tesla's insurance product will look like, but, we can estimate.\n\nIf we assume a profit margin of 6% (based on Progressive) and the best case scenario of 20M vehicles sold per year by 2030, Tesla will generate ~$2.2B of income. If Tesla Insurance can achieve a higher profit margin, it will make a meaningful contribution to overall profit over time.\nPlease note that the above examples are merely high level projections and won't be accurate in all likelihood. For example, the 20 million vehicle sales per year by 2030 is a global target and Insurance in certain countries outside the U.S is either not required or treated much differently. It will be easier to predict what the financials for Tesla Insurance could look like as the company expands its products into additional states and as we receive more information.\nConclusion\nTesla Insurance has a long runway ahead but it won't be an overnight success. It will likely take significant time to launch the product in different states. The overall share of new car sales that are EVs within the U.S is expected to be 30% by 2030, meaning that adoption will be slow and steady. As the story unfolds, Tesla will have to successfully compete with age-old and up and coming personal auto carriers, navigate through complex state by state regulations, and try to generate meaningful revenue and profit.\nAt this point, I don't know if Tesla will be able to disrupt and compete within the personal auto industry, but time will tell. I know I'll be watching from the sidelines and I wouldn't bet against them!","news_type":1,"symbols_score_info":{"TSLA":0.9}},"isVote":1,"tweetType":1,"viewCount":1168,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":874326674,"gmtCreate":1637732950250,"gmtModify":1637732950523,"author":{"id":"3565687171198207","authorId":"3565687171198207","name":"Holla","avatar":"https://static.tigerbbs.com/c0b0e402ff8043410cc67ffccbfe2174","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3565687171198207","authorIdStr":"3565687171198207"},"themes":[],"htmlText":"Like pls","listText":"Like pls","text":"Like pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/874326674","repostId":"1163826660","repostType":4,"isVote":1,"tweetType":1,"viewCount":680,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":874326101,"gmtCreate":1637732941765,"gmtModify":1637732942024,"author":{"id":"3565687171198207","authorId":"3565687171198207","name":"Holla","avatar":"https://static.tigerbbs.com/c0b0e402ff8043410cc67ffccbfe2174","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3565687171198207","authorIdStr":"3565687171198207"},"themes":[],"htmlText":"Like pls","listText":"Like pls","text":"Like pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/874326101","repostId":"2185337711","repostType":4,"isVote":1,"tweetType":1,"viewCount":1034,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":874326391,"gmtCreate":1637732931759,"gmtModify":1637732932051,"author":{"id":"3565687171198207","authorId":"3565687171198207","name":"Holla","avatar":"https://static.tigerbbs.com/c0b0e402ff8043410cc67ffccbfe2174","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3565687171198207","authorIdStr":"3565687171198207"},"themes":[],"htmlText":"Like pls","listText":"Like pls","text":"Like pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/874326391","repostId":"1181312377","repostType":4,"repost":{"id":"1181312377","kind":"news","pubTimestamp":1637732613,"share":"https://www.laohu8.com/m/news/1181312377?lang=zh_CN&edition=full","pubTime":"2021-11-24 13:43","market":"us","language":"en","title":"Allbirds descends for third session, but still up 26% from Nov. 3 IPO<blockquote>Allbirds连续第三个交易日下跌，但较11月3日IPO仍上涨26%</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1181312377","media":"Seeking Alpha","summary":"Allbirds  lost altitude for a third straight session Tuesday, sinking 13.4% to a post-IPO low as the","content":"<p><a href=\"https://laohu8.com/S/BIRD\">Allbirds </a> lost altitude for a third straight session Tuesday, sinking 13.4% to a post-IPO low as the popular shoe brand continues to fall back to Earth following its hot market premiere earlier this month.</p><p><blockquote><a href=\"https://laohu8.com/S/BIRD\">全鸟</a>周二，股价连续第三个交易日下跌，下跌13.4%至IPO后低点，因为这个受欢迎的鞋类品牌在本月早些时候火爆的市场首次亮相后继续回落。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/a43e1127880a054cc99b8990f7f0ccf9\" tg-width=\"898\" tg-height=\"639\" referrerpolicy=\"no-referrer\">BIRD fell to a record intraday low of $18.35 before partly recovering to end Tuesday’s session at $18.90, its worst finish since the stock went public Nov. 3 at $15 a share.</p><p><blockquote>BIRD跌至18.35美元的历史盘中低点，随后部分回升，周二收于18.90美元，这是该股自11月3日以每股15美元的价格上市以来的最差收盘价。</blockquote></p><p> Allbirds (BIRD) has fallen 29.4% since last Thursday’s close at $26.76, although the stock is still 26% above its initial public offering price. BIRD has been easing on no apparent news other than a consolidation of its initial run, coupled with word that it will release Q3 results after the bell next Tuesday, Nov. 30.</p><p><blockquote>Allbirds(BIRD)自上周四收盘价26.76美元以来已下跌29.4%，尽管该股仍较首次公开募股价格高出26%。除了整合其初始运行之外，BIRD一直在放松，并有消息称它将在下周二（11月30日）盘后发布第三季度业绩。</blockquote></p><p> The stock took flight earlier this month after its upsized IPO priced above the offering’s $12-$14/share expected range. BIRD soared 116.3% to a $32.44 intraday high in its first trading session. However, the stock has slowly descended since then, ending Tuesday 41.7% below its first-day peak.</p><p><blockquote>本月早些时候，在其扩大规模的IPO定价高于每股12-14美元的预期范围后，该股飙升。BIRD在首个交易日飙升116.3%至32.44美元的盘中高点。然而，此后该股缓慢下跌，周二收盘较首日峰值下跌41.7%。</blockquote></p><p> Founded by pro soccer player Tim Brown and renewables expert Joey Zwillinger, Allbirds makes popular ecofriendly shoes out of merino wool from Brown’s native New Zealand. The company sells its wares online and through some 20 brick-and-mortar stores in the United States, Europe, Asia and New Zealand.</p><p><blockquote>Allbirds由职业足球运动员蒂姆·布朗和可再生能源专家乔伊·兹威林格创立，用布朗家乡新西兰的美利奴羊毛制作广受欢迎的环保鞋。该公司在网上以及通过美国、欧洲、亚洲和新西兰的约20家实体店销售其产品。</blockquote></p><p> Actor Leonardo DiCaprio was one of BIRD’s pre-IPO investors, while former U.S. President Barack Obama is said to be a customer.</p><p><blockquote>演员莱昂纳多·迪卡普里奥是伯德IPO前的投资者之一，而美国前总统巴拉克·奥巴马据说也是其客户。</blockquote></p><p> Here’s a look at analyst estimates for BIRD’s revenues and earnings per share:<img src=\"https://static.tigerbbs.com/5cffd7db0bf8d382621bc9ca83a33e77\" tg-width=\"1280\" tg-height=\"491\" referrerpolicy=\"no-referrer\"></p><p><blockquote>以下是分析师对BIRD收入和每股收益的预测：</blockquote></p><p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Allbirds descends for third session, but still up 26% from Nov. 3 IPO<blockquote>Allbirds连续第三个交易日下跌，但较11月3日IPO仍上涨26%</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\">\nAllbirds descends for third session, but still up 26% from Nov. 3 IPO<blockquote>Allbirds连续第三个交易日下跌，但较11月3日IPO仍上涨26%</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Seeking Alpha</strong><span class=\"h-time small\">2021-11-24 13:43</span>\n</p>\n</h4>\n</header>\n<article>\n<p><a href=\"https://laohu8.com/S/BIRD\">Allbirds </a> lost altitude for a third straight session Tuesday, sinking 13.4% to a post-IPO low as the popular shoe brand continues to fall back to Earth following its hot market premiere earlier this month.</p><p><blockquote><a href=\"https://laohu8.com/S/BIRD\">全鸟</a>周二，股价连续第三个交易日下跌，下跌13.4%至IPO后低点，因为这个受欢迎的鞋类品牌在本月早些时候火爆的市场首次亮相后继续回落。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/a43e1127880a054cc99b8990f7f0ccf9\" tg-width=\"898\" tg-height=\"639\" referrerpolicy=\"no-referrer\">BIRD fell to a record intraday low of $18.35 before partly recovering to end Tuesday’s session at $18.90, its worst finish since the stock went public Nov. 3 at $15 a share.</p><p><blockquote>BIRD跌至18.35美元的历史盘中低点，随后部分回升，周二收于18.90美元，这是该股自11月3日以每股15美元的价格上市以来的最差收盘价。</blockquote></p><p> Allbirds (BIRD) has fallen 29.4% since last Thursday’s close at $26.76, although the stock is still 26% above its initial public offering price. BIRD has been easing on no apparent news other than a consolidation of its initial run, coupled with word that it will release Q3 results after the bell next Tuesday, Nov. 30.</p><p><blockquote>Allbirds(BIRD)自上周四收盘价26.76美元以来已下跌29.4%，尽管该股仍较首次公开募股价格高出26%。除了整合其初始运行之外，BIRD一直在放松，并有消息称它将在下周二（11月30日）盘后发布第三季度业绩。</blockquote></p><p> The stock took flight earlier this month after its upsized IPO priced above the offering’s $12-$14/share expected range. BIRD soared 116.3% to a $32.44 intraday high in its first trading session. However, the stock has slowly descended since then, ending Tuesday 41.7% below its first-day peak.</p><p><blockquote>本月早些时候，在其扩大规模的IPO定价高于每股12-14美元的预期范围后，该股飙升。BIRD在首个交易日飙升116.3%至32.44美元的盘中高点。然而，此后该股缓慢下跌，周二收盘较首日峰值下跌41.7%。</blockquote></p><p> Founded by pro soccer player Tim Brown and renewables expert Joey Zwillinger, Allbirds makes popular ecofriendly shoes out of merino wool from Brown’s native New Zealand. The company sells its wares online and through some 20 brick-and-mortar stores in the United States, Europe, Asia and New Zealand.</p><p><blockquote>Allbirds由职业足球运动员蒂姆·布朗和可再生能源专家乔伊·兹威林格创立，用布朗家乡新西兰的美利奴羊毛制作广受欢迎的环保鞋。该公司在网上以及通过美国、欧洲、亚洲和新西兰的约20家实体店销售其产品。</blockquote></p><p> Actor Leonardo DiCaprio was one of BIRD’s pre-IPO investors, while former U.S. President Barack Obama is said to be a customer.</p><p><blockquote>演员莱昂纳多·迪卡普里奥是伯德IPO前的投资者之一，而美国前总统巴拉克·奥巴马据说也是其客户。</blockquote></p><p> Here’s a look at analyst estimates for BIRD’s revenues and earnings per share:<img src=\"https://static.tigerbbs.com/5cffd7db0bf8d382621bc9ca83a33e77\" tg-width=\"1280\" tg-height=\"491\" referrerpolicy=\"no-referrer\"></p><p><blockquote>以下是分析师对BIRD收入和每股收益的预测：</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://seekingalpha.com/news/3774076-allbirds-stock-price-sinks-post-ipo\">Seeking Alpha</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BIRD":"Allbirds, Inc."},"source_url":"https://seekingalpha.com/news/3774076-allbirds-stock-price-sinks-post-ipo","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1181312377","content_text":"Allbirds  lost altitude for a third straight session Tuesday, sinking 13.4% to a post-IPO low as the popular shoe brand continues to fall back to Earth following its hot market premiere earlier this month.\nBIRD fell to a record intraday low of $18.35 before partly recovering to end Tuesday’s session at $18.90, its worst finish since the stock went public Nov. 3 at $15 a share.\nAllbirds (BIRD) has fallen 29.4% since last Thursday’s close at $26.76, although the stock is still 26% above its initial public offering price. BIRD has been easing on no apparent news other than a consolidation of its initial run, coupled with word that it will release Q3 results after the bell next Tuesday, Nov. 30.\nThe stock took flight earlier this month after its upsized IPO priced above the offering’s $12-$14/share expected range. BIRD soared 116.3% to a $32.44 intraday high in its first trading session. However, the stock has slowly descended since then, ending Tuesday 41.7% below its first-day peak.\nFounded by pro soccer player Tim Brown and renewables expert Joey Zwillinger, Allbirds makes popular ecofriendly shoes out of merino wool from Brown’s native New Zealand. The company sells its wares online and through some 20 brick-and-mortar stores in the United States, Europe, Asia and New Zealand.\nActor Leonardo DiCaprio was one of BIRD’s pre-IPO investors, while former U.S. President Barack Obama is said to be a customer.\nHere’s a look at analyst estimates for BIRD’s revenues and earnings per share:","news_type":1,"symbols_score_info":{"BIRD":0.9}},"isVote":1,"tweetType":1,"viewCount":647,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":874326047,"gmtCreate":1637732920991,"gmtModify":1637732921257,"author":{"id":"3565687171198207","authorId":"3565687171198207","name":"Holla","avatar":"https://static.tigerbbs.com/c0b0e402ff8043410cc67ffccbfe2174","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3565687171198207","authorIdStr":"3565687171198207"},"themes":[],"htmlText":"Like pls","listText":"Like pls","text":"Like pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/874326047","repostId":"1156496578","repostType":4,"isVote":1,"tweetType":1,"viewCount":704,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":875646723,"gmtCreate":1637649734493,"gmtModify":1637649734768,"author":{"id":"3565687171198207","authorId":"3565687171198207","name":"Holla","avatar":"https://static.tigerbbs.com/c0b0e402ff8043410cc67ffccbfe2174","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3565687171198207","authorIdStr":"3565687171198207"},"themes":[],"htmlText":"Like pls","listText":"Like pls","text":"Like pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/875646723","repostId":"2185300800","repostType":4,"isVote":1,"tweetType":1,"viewCount":894,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":875646473,"gmtCreate":1637649725300,"gmtModify":1637649725596,"author":{"id":"3565687171198207","authorId":"3565687171198207","name":"Holla","avatar":"https://static.tigerbbs.com/c0b0e402ff8043410cc67ffccbfe2174","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3565687171198207","authorIdStr":"3565687171198207"},"themes":[],"htmlText":"Like pls","listText":"Like pls","text":"Like pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/875646473","repostId":"1128629354","repostType":4,"repost":{"id":"1128629354","kind":"news","pubTimestamp":1637648403,"share":"https://www.laohu8.com/m/news/1128629354?lang=zh_CN&edition=full","pubTime":"2021-11-23 14:20","market":"us","language":"en","title":"Powell, Brainard nominated as Fed's 1-2 punch. What's next?<blockquote>鲍威尔、布雷纳德被提名为美联储1-2重拳。下一步是什么？</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1128629354","media":"Reuters","summary":"(Reuters) - President Joe Biden ended months of speculation over his pick to run the Federal Reserve","content":"<p>(Reuters) - President Joe Biden ended months of speculation over his pick to run the Federal Reserve in reappointing Jerome Powell as chair and promoting Fed Governor Lael Brainard to the bank's No. 2 role.</p><p><blockquote>（路透社）-乔·拜登总统重新任命杰罗姆·鲍威尔为主席，并提拔美联储理事莱尔·布雷纳德为美联储二号人物，结束了数月来对他选择美联储主席人选的猜测。</blockquote></p><p> The announcement kicks off an approval process in the U.S. Senate that could wrap up as early as next month or stretch into early 2022. Powell's current term as chair expires in early February, and the Fed Board of Governors seat held by Richard Clarida, who currently holds the vice chair post to which Brainard has been nominated, expires at the end of January.</p><p><blockquote>该公告启动了美国的审批程序。参议院最早可能于下个月结束，也可能持续到2022年初。鲍威尔目前的主席任期将于2月初到期，理查德·克拉里达（Richard Clarida）担任的美联储理事会席位将于1月底到期，他目前担任布雷纳德被提名的副主席一职。</blockquote></p><p> In the meantime, the Fed continues about its business, with its final policy meeting of the year in three weeks. Here's what's ahead for the leadership process and the Fed's agenda:</p><p><blockquote>与此同时，美联储继续开展业务，三周后将召开今年最后一次政策会议。以下是领导过程和美联储议程的未来：</blockquote></p><p> FIRST STOP: SENATE BANKING COMMITTEE</p><p><blockquote>第一站：参议院银行委员会</blockquote></p><p> The nominations of Powell and Brainard, whose stints as Fed board members date to 2012 and 2014, respectively, must be formally submitted to the Senate, which will refer them to the Senate Banking Committee, chaired by Democrat Sherrod Brown.</p><p><blockquote>鲍威尔和布雷纳德的美联储董事会成员任期分别为2012年和2014年，他们的提名必须正式提交给参议院，参议院将把他们提交给由民主党人谢罗德·布朗担任主席的参议院银行委员会。</blockquote></p><p> The committee, split evenly between Democrats and Republicans, will schedule confirmation hearings and then vote to either report the nominees favorably, unfavorably or with no recommendation to the full Senate.</p><p><blockquote>该委员会由民主党和共和党各占一半，将安排确认听证会，然后投票决定向参议院全体成员报告赞成、反对或不推荐提名人。</blockquote></p><p> Fed officials including Powell and Brainard enter a \"blackout period\" starting at the end of next week ahead of their December 14-15 policy meeting, making it unlikely their confirmation hearing or committee vote could be held before then.</p><p><blockquote>包括鲍威尔和布雷纳德在内的美联储官员在12月14日至15日的政策会议之前，从下周末开始进入“封锁期”，这使得他们的确认听证会或委员会投票不太可能在此之前举行。</blockquote></p><p> ON TO THE FULL SENATE</p><p><blockquote>进入参议院全体会议</blockquote></p><p> Regardless of the committee's recommendation, the full 100-member chamber, also equally divided, then has the final say, with Vice President Kamala Harris designated as the tie-breaking vote should it come to that.</p><p><blockquote>无论委员会的建议如何，由100名成员组成的众议院（也是平分秋色）拥有最终决定权，如果出现这种情况，副总统卡马拉·哈里斯将被指定为打破平局的一票。</blockquote></p><p> Both have been through this process before for their current posts. While neither received unanimous support in their previous nominations, both were ultimately approved.</p><p><blockquote>两人在目前的职位上都经历过这个过程。虽然两人在之前的提名中都没有获得一致支持，但最终都获得了批准。</blockquote></p><p> Powell, a Republican who has focused extensively on his relations with Congress since becoming chair in 2018, is seen getting majority support from both parties. Brainard, a Democrat, may find less bi-partisan backing, but at least one Republican - Susan Collins of Maine - told Reuters she would back both.</p><p><blockquote>鲍威尔是一名共和党人，自2018年成为主席以来，他一直广泛关注与国会的关系，预计将获得两党的多数支持。民主党人布雷纳德可能会发现两党的支持较少，但至少一名共和党人——缅因州的苏珊·科林斯——告诉路透社，她会支持两党。</blockquote></p><p> Broker-dealer BTIG in a note on Monday said it expects the process to move quickly in December, starting promptly after the Fed's next meeting.</p><p><blockquote>经纪自营商BTIG在周一的一份报告中表示，预计这一进程将在12月迅速推进，并在美联储下次会议后立即开始。</blockquote></p><p> \"Our base case is that they will be cleared by the full Senate this year,\" BTIG analyst Isaac Boltansky said.</p><p><blockquote>BTIG分析师艾萨克·博尔坦斯基(Isaac Boltansky)表示：“我们的基本情况是，它们将在今年获得参议院全体会议的批准。”</blockquote></p><p> THREE MORE SPOTS</p><p><blockquote>还有三个点</blockquote></p><p> Biden still has three vacancies to fill at the Fed's seven-member Board of Governors, including the vice chair for supervision role recently vacated by Randal Quarles, who leaves the Fed at the end of the year.</p><p><blockquote>拜登在美联储七人理事会中仍有三个空缺需要填补，其中包括兰德尔·夸尔斯(Randal Quarles)最近空出的负责监管的副主席职位，他将于今年年底离开美联储。</blockquote></p><p> These openings offer Biden an opportunity to put a lasting imprint on the central bank, and most analysts expect him to tap progressives and individuals of diverse backgrounds, especially for the bank-oversight role.</p><p><blockquote>这些职位空缺为拜登提供了一个在央行留下持久印记的机会，大多数分析师预计他将利用进步人士和不同背景的个人，特别是在银行监管职位上。</blockquote></p><p> Progressives like Senator Elizabeth Warren of Massachusetts, upset with Biden's choice of Powell, have ramped up calls for a tougher Wall Street cop in the supervision seat.</p><p><blockquote>像马萨诸塞参议员Elizabeth Warren这样的进步人士，对拜登选择Powell感到不满，已经加大了评级，要求一个更强硬的华尔街警察担任监管席位。</blockquote></p><p> Biden said in his statement nominating Powell and Brainard that he would announce his choices for these roles in early December. Each will go through the same process detailed above.</p><p><blockquote>拜登在提名鲍威尔和布雷纳德的声明中表示，他将在12月初宣布对这些角色的选择。每个都将经历上述相同的过程。</blockquote></p><p> A 'DIFFICULT DANCE'</p><p><blockquote>“高难度舞蹈”</blockquote></p><p> As the Powell and Brainard nominations weave their way through Capitol Hill, business at the Fed continues, with the year's final policy meeting in just three weeks' time and growing expectations for more decisive action to address annual inflation running at around twice the bank's 2%-a-year target.</p><p><blockquote>随着鲍威尔和布雷纳德的提名在国会山顺利通过，美联储的工作仍在继续，距离今年的最后一次政策会议仅剩三周时间，人们越来越期望采取更果断的行动来解决年度通胀率约为央行2%的两倍-年度目标。</blockquote></p><p> Earlier this month, officials took the first step toward putting policy on a more normal track after roughly a year-and-a-half in an emergency footing designed to cushion the economy from the broadside delivered by the pandemic.</p><p><blockquote>本月早些时候，官员们迈出了第一步，将政策置于更正常的轨道上，此前他们采取了大约一年半的紧急措施，旨在缓冲经济免受疫情带来的冲击。</blockquote></p><p> A number of Fed officials argue they need to accelerate that end-game process to bring inflation to heel - starting with a quicker end to their bond purchases and an earlier start to rate hikes.</p><p><blockquote>一些美联储官员认为，他们需要加快这一最终过程，以遏制通胀——首先是更快地结束债券购买和更早地开始加息。</blockquote></p><p> Just how far Powell and Brainard are leaning in that direction is unclear, but both went out of their way on Monday as they stood alongside Biden to assure they are determined not to allow inflation to upend the ongoing economic recovery and hurt American families.</p><p><blockquote>鲍威尔和布雷纳德在多大程度上倾向于这个方向尚不清楚，但两人周一都与拜登站在一起，保证他们决心不让通胀破坏正在进行的经济复苏并伤害美国家庭。</blockquote></p><p> Mark Zandi, chief economist for Moody's Analytics, sees a challenging few months ahead for the Fed, with almost as much uncertainty about the pandemic - and the risks that poses to the recovery - as about inflation.</p><p><blockquote>穆迪分析(Moody's Analytics)首席经济学家马克·赞迪(Mark Zandi)认为，未来几个月美联储将面临挑战，疫情及其对复苏构成的风险的不确定性几乎与通胀一样多。</blockquote></p><p> \"They have to raise rates quickly enough and take their foot off the accelerator fast enough that the economy doesn't experience runaway asset markets or inflation that's going to be tough to get back into something they feel comfortable with,\" Zandi said. \"It's a very difficult dance they're going to have to do.\"</p><p><blockquote>赞迪表示：“他们必须足够快地加息，并足够快地松开油门，这样经济才不会经历资产市场失控或通胀，而通胀将很难回到他们感到满意的状态。”“这是他们必须跳的一支非常困难的舞蹈。”</blockquote></p><p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Powell, Brainard nominated as Fed's 1-2 punch. What's next?<blockquote>鲍威尔、布雷纳德被提名为美联储1-2重拳。下一步是什么？</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nPowell, Brainard nominated as Fed's 1-2 punch. What's next?<blockquote>鲍威尔、布雷纳德被提名为美联储1-2重拳。下一步是什么？</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Reuters</strong><span class=\"h-time small\">2021-11-23 14:20</span>\n</p>\n</h4>\n</header>\n<article>\n<p>(Reuters) - President Joe Biden ended months of speculation over his pick to run the Federal Reserve in reappointing Jerome Powell as chair and promoting Fed Governor Lael Brainard to the bank's No. 2 role.</p><p><blockquote>（路透社）-乔·拜登总统重新任命杰罗姆·鲍威尔为主席，并提拔美联储理事莱尔·布雷纳德为美联储二号人物，结束了数月来对他选择美联储主席人选的猜测。</blockquote></p><p> The announcement kicks off an approval process in the U.S. Senate that could wrap up as early as next month or stretch into early 2022. Powell's current term as chair expires in early February, and the Fed Board of Governors seat held by Richard Clarida, who currently holds the vice chair post to which Brainard has been nominated, expires at the end of January.</p><p><blockquote>该公告启动了美国的审批程序。参议院最早可能于下个月结束，也可能持续到2022年初。鲍威尔目前的主席任期将于2月初到期，理查德·克拉里达（Richard Clarida）担任的美联储理事会席位将于1月底到期，他目前担任布雷纳德被提名的副主席一职。</blockquote></p><p> In the meantime, the Fed continues about its business, with its final policy meeting of the year in three weeks. Here's what's ahead for the leadership process and the Fed's agenda:</p><p><blockquote>与此同时，美联储继续开展业务，三周后将召开今年最后一次政策会议。以下是领导过程和美联储议程的未来：</blockquote></p><p> FIRST STOP: SENATE BANKING COMMITTEE</p><p><blockquote>第一站：参议院银行委员会</blockquote></p><p> The nominations of Powell and Brainard, whose stints as Fed board members date to 2012 and 2014, respectively, must be formally submitted to the Senate, which will refer them to the Senate Banking Committee, chaired by Democrat Sherrod Brown.</p><p><blockquote>鲍威尔和布雷纳德的美联储董事会成员任期分别为2012年和2014年，他们的提名必须正式提交给参议院，参议院将把他们提交给由民主党人谢罗德·布朗担任主席的参议院银行委员会。</blockquote></p><p> The committee, split evenly between Democrats and Republicans, will schedule confirmation hearings and then vote to either report the nominees favorably, unfavorably or with no recommendation to the full Senate.</p><p><blockquote>该委员会由民主党和共和党各占一半，将安排确认听证会，然后投票决定向参议院全体成员报告赞成、反对或不推荐提名人。</blockquote></p><p> Fed officials including Powell and Brainard enter a \"blackout period\" starting at the end of next week ahead of their December 14-15 policy meeting, making it unlikely their confirmation hearing or committee vote could be held before then.</p><p><blockquote>包括鲍威尔和布雷纳德在内的美联储官员在12月14日至15日的政策会议之前，从下周末开始进入“封锁期”，这使得他们的确认听证会或委员会投票不太可能在此之前举行。</blockquote></p><p> ON TO THE FULL SENATE</p><p><blockquote>进入参议院全体会议</blockquote></p><p> Regardless of the committee's recommendation, the full 100-member chamber, also equally divided, then has the final say, with Vice President Kamala Harris designated as the tie-breaking vote should it come to that.</p><p><blockquote>无论委员会的建议如何，由100名成员组成的众议院（也是平分秋色）拥有最终决定权，如果出现这种情况，副总统卡马拉·哈里斯将被指定为打破平局的一票。</blockquote></p><p> Both have been through this process before for their current posts. While neither received unanimous support in their previous nominations, both were ultimately approved.</p><p><blockquote>两人在目前的职位上都经历过这个过程。虽然两人在之前的提名中都没有获得一致支持，但最终都获得了批准。</blockquote></p><p> Powell, a Republican who has focused extensively on his relations with Congress since becoming chair in 2018, is seen getting majority support from both parties. Brainard, a Democrat, may find less bi-partisan backing, but at least one Republican - Susan Collins of Maine - told Reuters she would back both.</p><p><blockquote>鲍威尔是一名共和党人，自2018年成为主席以来，他一直广泛关注与国会的关系，预计将获得两党的多数支持。民主党人布雷纳德可能会发现两党的支持较少，但至少一名共和党人——缅因州的苏珊·科林斯——告诉路透社，她会支持两党。</blockquote></p><p> Broker-dealer BTIG in a note on Monday said it expects the process to move quickly in December, starting promptly after the Fed's next meeting.</p><p><blockquote>经纪自营商BTIG在周一的一份报告中表示，预计这一进程将在12月迅速推进，并在美联储下次会议后立即开始。</blockquote></p><p> \"Our base case is that they will be cleared by the full Senate this year,\" BTIG analyst Isaac Boltansky said.</p><p><blockquote>BTIG分析师艾萨克·博尔坦斯基(Isaac Boltansky)表示：“我们的基本情况是，它们将在今年获得参议院全体会议的批准。”</blockquote></p><p> THREE MORE SPOTS</p><p><blockquote>还有三个点</blockquote></p><p> Biden still has three vacancies to fill at the Fed's seven-member Board of Governors, including the vice chair for supervision role recently vacated by Randal Quarles, who leaves the Fed at the end of the year.</p><p><blockquote>拜登在美联储七人理事会中仍有三个空缺需要填补，其中包括兰德尔·夸尔斯(Randal Quarles)最近空出的负责监管的副主席职位，他将于今年年底离开美联储。</blockquote></p><p> These openings offer Biden an opportunity to put a lasting imprint on the central bank, and most analysts expect him to tap progressives and individuals of diverse backgrounds, especially for the bank-oversight role.</p><p><blockquote>这些职位空缺为拜登提供了一个在央行留下持久印记的机会，大多数分析师预计他将利用进步人士和不同背景的个人，特别是在银行监管职位上。</blockquote></p><p> Progressives like Senator Elizabeth Warren of Massachusetts, upset with Biden's choice of Powell, have ramped up calls for a tougher Wall Street cop in the supervision seat.</p><p><blockquote>像马萨诸塞参议员Elizabeth Warren这样的进步人士，对拜登选择Powell感到不满，已经加大了评级，要求一个更强硬的华尔街警察担任监管席位。</blockquote></p><p> Biden said in his statement nominating Powell and Brainard that he would announce his choices for these roles in early December. Each will go through the same process detailed above.</p><p><blockquote>拜登在提名鲍威尔和布雷纳德的声明中表示，他将在12月初宣布对这些角色的选择。每个都将经历上述相同的过程。</blockquote></p><p> A 'DIFFICULT DANCE'</p><p><blockquote>“高难度舞蹈”</blockquote></p><p> As the Powell and Brainard nominations weave their way through Capitol Hill, business at the Fed continues, with the year's final policy meeting in just three weeks' time and growing expectations for more decisive action to address annual inflation running at around twice the bank's 2%-a-year target.</p><p><blockquote>随着鲍威尔和布雷纳德的提名在国会山顺利通过，美联储的工作仍在继续，距离今年的最后一次政策会议仅剩三周时间，人们越来越期望采取更果断的行动来解决年度通胀率约为央行2%的两倍-年度目标。</blockquote></p><p> Earlier this month, officials took the first step toward putting policy on a more normal track after roughly a year-and-a-half in an emergency footing designed to cushion the economy from the broadside delivered by the pandemic.</p><p><blockquote>本月早些时候，官员们迈出了第一步，将政策置于更正常的轨道上，此前他们采取了大约一年半的紧急措施，旨在缓冲经济免受疫情带来的冲击。</blockquote></p><p> A number of Fed officials argue they need to accelerate that end-game process to bring inflation to heel - starting with a quicker end to their bond purchases and an earlier start to rate hikes.</p><p><blockquote>一些美联储官员认为，他们需要加快这一最终过程，以遏制通胀——首先是更快地结束债券购买和更早地开始加息。</blockquote></p><p> Just how far Powell and Brainard are leaning in that direction is unclear, but both went out of their way on Monday as they stood alongside Biden to assure they are determined not to allow inflation to upend the ongoing economic recovery and hurt American families.</p><p><blockquote>鲍威尔和布雷纳德在多大程度上倾向于这个方向尚不清楚，但两人周一都与拜登站在一起，保证他们决心不让通胀破坏正在进行的经济复苏并伤害美国家庭。</blockquote></p><p> Mark Zandi, chief economist for Moody's Analytics, sees a challenging few months ahead for the Fed, with almost as much uncertainty about the pandemic - and the risks that poses to the recovery - as about inflation.</p><p><blockquote>穆迪分析(Moody's Analytics)首席经济学家马克·赞迪(Mark Zandi)认为，未来几个月美联储将面临挑战，疫情及其对复苏构成的风险的不确定性几乎与通胀一样多。</blockquote></p><p> \"They have to raise rates quickly enough and take their foot off the accelerator fast enough that the economy doesn't experience runaway asset markets or inflation that's going to be tough to get back into something they feel comfortable with,\" Zandi said. \"It's a very difficult dance they're going to have to do.\"</p><p><blockquote>赞迪表示：“他们必须足够快地加息，并足够快地松开油门，这样经济才不会经历资产市场失控或通胀，而通胀将很难回到他们感到满意的状态。”“这是他们必须跳的一支非常困难的舞蹈。”</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://finance.yahoo.com/news/powell-brainard-nominated-feds-1-060000626.html\">Reuters</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://finance.yahoo.com/news/powell-brainard-nominated-feds-1-060000626.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1128629354","content_text":"(Reuters) - President Joe Biden ended months of speculation over his pick to run the Federal Reserve in reappointing Jerome Powell as chair and promoting Fed Governor Lael Brainard to the bank's No. 2 role.\nThe announcement kicks off an approval process in the U.S. Senate that could wrap up as early as next month or stretch into early 2022. Powell's current term as chair expires in early February, and the Fed Board of Governors seat held by Richard Clarida, who currently holds the vice chair post to which Brainard has been nominated, expires at the end of January.\nIn the meantime, the Fed continues about its business, with its final policy meeting of the year in three weeks. Here's what's ahead for the leadership process and the Fed's agenda:\nFIRST STOP: SENATE BANKING COMMITTEE\nThe nominations of Powell and Brainard, whose stints as Fed board members date to 2012 and 2014, respectively, must be formally submitted to the Senate, which will refer them to the Senate Banking Committee, chaired by Democrat Sherrod Brown.\nThe committee, split evenly between Democrats and Republicans, will schedule confirmation hearings and then vote to either report the nominees favorably, unfavorably or with no recommendation to the full Senate.\nFed officials including Powell and Brainard enter a \"blackout period\" starting at the end of next week ahead of their December 14-15 policy meeting, making it unlikely their confirmation hearing or committee vote could be held before then.\nON TO THE FULL SENATE\nRegardless of the committee's recommendation, the full 100-member chamber, also equally divided, then has the final say, with Vice President Kamala Harris designated as the tie-breaking vote should it come to that.\nBoth have been through this process before for their current posts. While neither received unanimous support in their previous nominations, both were ultimately approved.\nPowell, a Republican who has focused extensively on his relations with Congress since becoming chair in 2018, is seen getting majority support from both parties. Brainard, a Democrat, may find less bi-partisan backing, but at least one Republican - Susan Collins of Maine - told Reuters she would back both.\nBroker-dealer BTIG in a note on Monday said it expects the process to move quickly in December, starting promptly after the Fed's next meeting.\n\"Our base case is that they will be cleared by the full Senate this year,\" BTIG analyst Isaac Boltansky said.\nTHREE MORE SPOTS\nBiden still has three vacancies to fill at the Fed's seven-member Board of Governors, including the vice chair for supervision role recently vacated by Randal Quarles, who leaves the Fed at the end of the year.\nThese openings offer Biden an opportunity to put a lasting imprint on the central bank, and most analysts expect him to tap progressives and individuals of diverse backgrounds, especially for the bank-oversight role.\nProgressives like Senator Elizabeth Warren of Massachusetts, upset with Biden's choice of Powell, have ramped up calls for a tougher Wall Street cop in the supervision seat.\nBiden said in his statement nominating Powell and Brainard that he would announce his choices for these roles in early December. Each will go through the same process detailed above.\nA 'DIFFICULT DANCE'\nAs the Powell and Brainard nominations weave their way through Capitol Hill, business at the Fed continues, with the year's final policy meeting in just three weeks' time and growing expectations for more decisive action to address annual inflation running at around twice the bank's 2%-a-year target.\nEarlier this month, officials took the first step toward putting policy on a more normal track after roughly a year-and-a-half in an emergency footing designed to cushion the economy from the broadside delivered by the pandemic.\nA number of Fed officials argue they need to accelerate that end-game process to bring inflation to heel - starting with a quicker end to their bond purchases and an earlier start to rate hikes.\nJust how far Powell and Brainard are leaning in that direction is unclear, but both went out of their way on Monday as they stood alongside Biden to assure they are determined not to allow inflation to upend the ongoing economic recovery and hurt American families.\nMark Zandi, chief economist for Moody's Analytics, sees a challenging few months ahead for the Fed, with almost as much uncertainty about the pandemic - and the risks that poses to the recovery - as about inflation.\n\"They have to raise rates quickly enough and take their foot off the accelerator fast enough that the economy doesn't experience runaway asset markets or inflation that's going to be tough to get back into something they feel comfortable with,\" Zandi said. \"It's a very difficult dance they're going to have to do.\"","news_type":1,"symbols_score_info":{}},"isVote":1,"tweetType":1,"viewCount":1076,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0}],"hots":[{"id":887999173,"gmtCreate":1631953026592,"gmtModify":1632805104718,"author":{"id":"3565687171198207","authorId":"3565687171198207","name":"Holla","avatar":"https://static.tigerbbs.com/c0b0e402ff8043410cc67ffccbfe2174","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3565687171198207","authorIdStr":"3565687171198207"},"themes":[],"htmlText":"Like pls","listText":"Like pls","text":"Like 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pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":4,"repostSize":0,"link":"https://laohu8.com/post/873108681","repostId":"1103944030","repostType":4,"isVote":1,"tweetType":1,"viewCount":643,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":883595415,"gmtCreate":1631252186237,"gmtModify":1631893568572,"author":{"id":"3565687171198207","authorId":"3565687171198207","name":"Holla","avatar":"https://static.tigerbbs.com/c0b0e402ff8043410cc67ffccbfe2174","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3565687171198207","authorIdStr":"3565687171198207"},"themes":[],"htmlText":"Like pls","listText":"Like pls","text":"Like pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":9,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/883595415","repostId":"2166345008","repostType":4,"isVote":1,"tweetType":1,"viewCount":617,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":174492824,"gmtCreate":1627121222568,"gmtModify":1633767791917,"author":{"id":"3565687171198207","authorId":"3565687171198207","name":"Holla","avatar":"https://static.tigerbbs.com/c0b0e402ff8043410cc67ffccbfe2174","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3565687171198207","authorIdStr":"3565687171198207"},"themes":[],"htmlText":"Like my comment pls&nbsp;","listText":"Like my comment pls&nbsp;","text":"Like my comment pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":9,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/174492824","repostId":"1191636755","repostType":4,"repost":{"id":"1191636755","kind":"news","pubTimestamp":1627084309,"share":"https://www.laohu8.com/m/news/1191636755?lang=zh_CN&edition=full","pubTime":"2021-07-24 07:51","market":"us","language":"en","title":"Tesla Earnings Are Coming. Here’s the One Number That Matters.<blockquote>特斯拉财报即将发布。这是一个重要的数字。</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1191636755","media":"Barrons","summary":"Tesla’s second-quarter earnings are just around the corner, and investors should gear up for a likel","content":"<p>Tesla’s second-quarter earnings are just around the corner, and investors should gear up for a likely very complicated report.</p><p><blockquote>特斯拉第二季度财报即将公布，投资者应该为一份可能非常复杂的报告做好准备。</blockquote></p><p> There are a lot of moving parts, even more than usual for the world’s most valuable car company and its iconoclast CEO Elon Musk. Figuring out if the stock will go up or down, however, shouldn’t be all that difficult.</p><p><blockquote>对于这家世界上最有价值的汽车公司及其打破传统的首席执行官埃隆·马斯克来说，有很多活动部件，甚至比平时还要多。然而，弄清楚股票是上涨还是下跌应该并不那么困难。</blockquote></p><p> The EV pioneer will report after the close of trading on Monday,July 26. Wall Street is looking for&nbsp;Tesla to report about 94 cents in per-share earnings from $11.5 billion in sales, according to FactSet. Beating analyst estimates is important, almost required, for any stock to remain stable in post-earnings trading. That’s true for Tesla as well.</p><p><blockquote>这家电动汽车先驱将于7月26日星期一收盘后发布报告。FactSet的数据显示，华尔街预计特斯拉的销售额为115亿美元，每股收益约为94美分。对于任何股票在财报后交易中保持稳定来说，超出分析师预期非常重要，几乎是必需的。特斯拉也是如此。</blockquote></p><p> There are plenty of factors that will contribute to bottom-line earnings—the global&nbsp;semiconductor&nbsp;shortage,vehicle pricing, vehicle gross profit margins, and the level of profitability in Tesla’s battery storage business. In the end, however, investors will want to see a record in operating profits—no matter how it happens. That’s what could break shares out of their recent range.</p><p><blockquote>有很多因素将影响底线收益——全球半导体短缺、汽车定价、汽车毛利率以及特斯拉电池存储业务的盈利水平。然而，最终，投资者将希望看到营业利润创纪录——无论它如何发生。这可能会使股价突破近期区间。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/eb9cfd5cbe6d36d06167f82af45447d1\" tg-width=\"869\" tg-height=\"580\" width=\"100%\" height=\"auto\"></p><p><blockquote></blockquote></p><p> Tesla reported more than $800 million in operating profits in the 2020 third quarter, and the stock more than doubled to around $860 in the three-month span that followed. But since operating profit growth largely paused in the subsequent quarters, shares have traded down from roughly $860 to around $640 recently. Profit stagnation has meant stock stagnation, too.</p><p><blockquote>特斯拉公布2020年第三季度营业利润超过8亿美元，该股在随后的三个月内上涨了一倍多，达到860美元左右。但由于随后几个季度营业利润增长基本暂停，股价最近已从约860美元跌至约640美元。利润停滞也意味着股票停滞。</blockquote></p><p> The good news for Tesla bulls is Wall Street is projecting a fresh record: Operating profit is expected to be $835 million for the second quarter, driven by strong deliveries. The 2021 second quarter marked the first time Tesla delivered&nbsp;more than 200,000&nbsp;vehicles in a single quarter.</p><p><blockquote>对于特斯拉多头来说，好消息是华尔街预计将创下新纪录：在强劲交付的推动下，第二季度营业利润预计为8.35亿美元。2021年第二季度是特斯拉单季度交付量首次超过20万辆。</blockquote></p><p> After earnings are digested, there should be endless arguments among bulls and bears about the quality of earnings. For instance, one way Tesla generates sales is by selling regulatory credits—which it earns by producing more than its fair share of electric vehicles. The company generated $518 million in first-quarter credit sales, which helped Tesla&nbsp;beat earnings&nbsp;estimates. There is always debate about what is the “normal” amount of credit sales and when will those sales dry up. Eventually, both the bulls and bears expect other auto makers to sell their own EVs, cutting off that source of revenue for Tesla.</p><p><blockquote>在盈利被消化后，多头和空头之间应该会对盈利质量争论不休。例如，特斯拉创造销售的一种方式是出售监管信用——它通过生产超过其公平份额的电动汽车来赚取监管信用。该公司第一季度信贷销售额为5.18亿美元，这帮助特斯拉超出了盈利预期。关于什么是“正常”的信贷销售金额以及这些销售何时会枯竭，一直存在争议。最终，多头和空头都预计其他汽车制造商将销售自己的电动汽车，从而切断特斯拉的收入来源。</blockquote></p><p> There is also the issue&nbsp;of Bitcoin. Tesla recognized a small gain on its Bitcoin holdings in the first quarter, but the cryptocurrency’s prices have fallen by roughly half since their April peak. That means there is a chance of a small loss. How investors react is anyone’s guess, but don’t expect Tesla to sell out of its Bitcoin position. Musk continues to indicate his company will transact in the cryptocurrency when Bitcoin mining uses more sustainable power.</p><p><blockquote>还有比特币的问题。特斯拉第一季度比特币持有量小幅增长，但该加密货币的价格自4月份的峰值以来已下跌约一半。这意味着有可能会有一点损失。投资者的反应谁也说不准，但不要指望特斯拉会抛售其比特币头寸。马斯克继续表示，当比特币矿业使用更可持续的电力时，他的公司将以加密货币进行交易。</blockquote></p><p> Investors will also want to know when Tesla’s new Germany plant and Austin, Texas facility will start delivering cars. The Austin plant will build Tesla’s&nbsp;Cybertruck. There will also likely be questions about advances in Tesla’s driver-assistance functions—the company recently started selling its driver-assistance software&nbsp;as a subscription—and how much money the company could make from its charging network. Musk tweeted this week Tesla would open its&nbsp;charging network&nbsp;to other EVs down the road.</p><p><blockquote>投资者还想知道特斯拉的新德国工厂和德克萨斯奥斯丁工厂何时开始交付汽车。奥斯丁工厂将生产特斯拉的Cybertruck。人们还可能会对特斯拉驾驶辅助功能的进步产生疑问——该公司最近开始以订阅形式销售其驾驶辅助软件——以及该公司可以从其充电网络中赚多少钱。马斯克本周在推特上表示，特斯拉将向其他电动汽车开放其充电网络。</blockquote></p><p> All those topics and more should come up on the earningsconference callscheduled for 5:30 p.m. ET on Monday. Year to date, Tesla stock is down roughly 9%, trailing behind comparable 17% and 15% respective gains of theS&amp;P 500andDow Jones Industrial Average.Still, Tesla shares have had a strong run, up about 112% over the past 12 months.</p><p><blockquote>所有这些话题以及更多话题都应该出现在定于下午5:30举行的财报电话会议上。美国东部时间周一。今年迄今为止，特斯拉股价已下跌约9%，落后于标准普尔500指数和道琼斯工业平均指数分别17%和15%的涨幅。尽管如此，特斯拉股价仍表现强劲，在过去12个月内上涨了约112%。</blockquote></p><p></p>","source":"lsy1601382232898","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Tesla Earnings Are Coming. Here’s the One Number That Matters.<blockquote>特斯拉财报即将发布。这是一个重要的数字。</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTesla Earnings Are Coming. Here’s the One Number That Matters.<blockquote>特斯拉财报即将发布。这是一个重要的数字。</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Barrons</strong><span class=\"h-time small\">2021-07-24 07:51</span>\n</p>\n</h4>\n</header>\n<article>\n<p>Tesla’s second-quarter earnings are just around the corner, and investors should gear up for a likely very complicated report.</p><p><blockquote>特斯拉第二季度财报即将公布，投资者应该为一份可能非常复杂的报告做好准备。</blockquote></p><p> There are a lot of moving parts, even more than usual for the world’s most valuable car company and its iconoclast CEO Elon Musk. Figuring out if the stock will go up or down, however, shouldn’t be all that difficult.</p><p><blockquote>对于这家世界上最有价值的汽车公司及其打破传统的首席执行官埃隆·马斯克来说，有很多活动部件，甚至比平时还要多。然而，弄清楚股票是上涨还是下跌应该并不那么困难。</blockquote></p><p> The EV pioneer will report after the close of trading on Monday,July 26. Wall Street is looking for&nbsp;Tesla to report about 94 cents in per-share earnings from $11.5 billion in sales, according to FactSet. Beating analyst estimates is important, almost required, for any stock to remain stable in post-earnings trading. That’s true for Tesla as well.</p><p><blockquote>这家电动汽车先驱将于7月26日星期一收盘后发布报告。FactSet的数据显示，华尔街预计特斯拉的销售额为115亿美元，每股收益约为94美分。对于任何股票在财报后交易中保持稳定来说，超出分析师预期非常重要，几乎是必需的。特斯拉也是如此。</blockquote></p><p> There are plenty of factors that will contribute to bottom-line earnings—the global&nbsp;semiconductor&nbsp;shortage,vehicle pricing, vehicle gross profit margins, and the level of profitability in Tesla’s battery storage business. In the end, however, investors will want to see a record in operating profits—no matter how it happens. That’s what could break shares out of their recent range.</p><p><blockquote>有很多因素将影响底线收益——全球半导体短缺、汽车定价、汽车毛利率以及特斯拉电池存储业务的盈利水平。然而，最终，投资者将希望看到营业利润创纪录——无论它如何发生。这可能会使股价突破近期区间。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/eb9cfd5cbe6d36d06167f82af45447d1\" tg-width=\"869\" tg-height=\"580\" width=\"100%\" height=\"auto\"></p><p><blockquote></blockquote></p><p> Tesla reported more than $800 million in operating profits in the 2020 third quarter, and the stock more than doubled to around $860 in the three-month span that followed. But since operating profit growth largely paused in the subsequent quarters, shares have traded down from roughly $860 to around $640 recently. Profit stagnation has meant stock stagnation, too.</p><p><blockquote>特斯拉公布2020年第三季度营业利润超过8亿美元，该股在随后的三个月内上涨了一倍多，达到860美元左右。但由于随后几个季度营业利润增长基本暂停，股价最近已从约860美元跌至约640美元。利润停滞也意味着股票停滞。</blockquote></p><p> The good news for Tesla bulls is Wall Street is projecting a fresh record: Operating profit is expected to be $835 million for the second quarter, driven by strong deliveries. The 2021 second quarter marked the first time Tesla delivered&nbsp;more than 200,000&nbsp;vehicles in a single quarter.</p><p><blockquote>对于特斯拉多头来说，好消息是华尔街预计将创下新纪录：在强劲交付的推动下，第二季度营业利润预计为8.35亿美元。2021年第二季度是特斯拉单季度交付量首次超过20万辆。</blockquote></p><p> After earnings are digested, there should be endless arguments among bulls and bears about the quality of earnings. For instance, one way Tesla generates sales is by selling regulatory credits—which it earns by producing more than its fair share of electric vehicles. The company generated $518 million in first-quarter credit sales, which helped Tesla&nbsp;beat earnings&nbsp;estimates. There is always debate about what is the “normal” amount of credit sales and when will those sales dry up. Eventually, both the bulls and bears expect other auto makers to sell their own EVs, cutting off that source of revenue for Tesla.</p><p><blockquote>在盈利被消化后，多头和空头之间应该会对盈利质量争论不休。例如，特斯拉创造销售的一种方式是出售监管信用——它通过生产超过其公平份额的电动汽车来赚取监管信用。该公司第一季度信贷销售额为5.18亿美元，这帮助特斯拉超出了盈利预期。关于什么是“正常”的信贷销售金额以及这些销售何时会枯竭，一直存在争议。最终，多头和空头都预计其他汽车制造商将销售自己的电动汽车，从而切断特斯拉的收入来源。</blockquote></p><p> There is also the issue&nbsp;of Bitcoin. Tesla recognized a small gain on its Bitcoin holdings in the first quarter, but the cryptocurrency’s prices have fallen by roughly half since their April peak. That means there is a chance of a small loss. How investors react is anyone’s guess, but don’t expect Tesla to sell out of its Bitcoin position. Musk continues to indicate his company will transact in the cryptocurrency when Bitcoin mining uses more sustainable power.</p><p><blockquote>还有比特币的问题。特斯拉第一季度比特币持有量小幅增长，但该加密货币的价格自4月份的峰值以来已下跌约一半。这意味着有可能会有一点损失。投资者的反应谁也说不准，但不要指望特斯拉会抛售其比特币头寸。马斯克继续表示，当比特币矿业使用更可持续的电力时，他的公司将以加密货币进行交易。</blockquote></p><p> Investors will also want to know when Tesla’s new Germany plant and Austin, Texas facility will start delivering cars. The Austin plant will build Tesla’s&nbsp;Cybertruck. There will also likely be questions about advances in Tesla’s driver-assistance functions—the company recently started selling its driver-assistance software&nbsp;as a subscription—and how much money the company could make from its charging network. Musk tweeted this week Tesla would open its&nbsp;charging network&nbsp;to other EVs down the road.</p><p><blockquote>投资者还想知道特斯拉的新德国工厂和德克萨斯奥斯丁工厂何时开始交付汽车。奥斯丁工厂将生产特斯拉的Cybertruck。人们还可能会对特斯拉驾驶辅助功能的进步产生疑问——该公司最近开始以订阅形式销售其驾驶辅助软件——以及该公司可以从其充电网络中赚多少钱。马斯克本周在推特上表示，特斯拉将向其他电动汽车开放其充电网络。</blockquote></p><p> All those topics and more should come up on the earningsconference callscheduled for 5:30 p.m. ET on Monday. Year to date, Tesla stock is down roughly 9%, trailing behind comparable 17% and 15% respective gains of theS&amp;P 500andDow Jones Industrial Average.Still, Tesla shares have had a strong run, up about 112% over the past 12 months.</p><p><blockquote>所有这些话题以及更多话题都应该出现在定于下午5:30举行的财报电话会议上。美国东部时间周一。今年迄今为止，特斯拉股价已下跌约9%，落后于标准普尔500指数和道琼斯工业平均指数分别17%和15%的涨幅。尽管如此，特斯拉股价仍表现强劲，在过去12个月内上涨了约112%。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.barrons.com/articles/tesla-stock-earnings-preview-51627061822?mod=hp_DAY_Theme_2_1\">Barrons</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉"},"source_url":"https://www.barrons.com/articles/tesla-stock-earnings-preview-51627061822?mod=hp_DAY_Theme_2_1","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1191636755","content_text":"Tesla’s second-quarter earnings are just around the corner, and investors should gear up for a likely very complicated report.\nThere are a lot of moving parts, even more than usual for the world’s most valuable car company and its iconoclast CEO Elon Musk. Figuring out if the stock will go up or down, however, shouldn’t be all that difficult.\nThe EV pioneer will report after the close of trading on Monday,July 26. Wall Street is looking for Tesla to report about 94 cents in per-share earnings from $11.5 billion in sales, according to FactSet. Beating analyst estimates is important, almost required, for any stock to remain stable in post-earnings trading. That’s true for Tesla as well.\nThere are plenty of factors that will contribute to bottom-line earnings—the global semiconductor shortage,vehicle pricing, vehicle gross profit margins, and the level of profitability in Tesla’s battery storage business. In the end, however, investors will want to see a record in operating profits—no matter how it happens. That’s what could break shares out of their recent range.\n\nTesla reported more than $800 million in operating profits in the 2020 third quarter, and the stock more than doubled to around $860 in the three-month span that followed. But since operating profit growth largely paused in the subsequent quarters, shares have traded down from roughly $860 to around $640 recently. Profit stagnation has meant stock stagnation, too.\nThe good news for Tesla bulls is Wall Street is projecting a fresh record: Operating profit is expected to be $835 million for the second quarter, driven by strong deliveries. The 2021 second quarter marked the first time Tesla delivered more than 200,000 vehicles in a single quarter.\nAfter earnings are digested, there should be endless arguments among bulls and bears about the quality of earnings. For instance, one way Tesla generates sales is by selling regulatory credits—which it earns by producing more than its fair share of electric vehicles. The company generated $518 million in first-quarter credit sales, which helped Tesla beat earnings estimates. There is always debate about what is the “normal” amount of credit sales and when will those sales dry up. Eventually, both the bulls and bears expect other auto makers to sell their own EVs, cutting off that source of revenue for Tesla.\nThere is also the issue of Bitcoin. Tesla recognized a small gain on its Bitcoin holdings in the first quarter, but the cryptocurrency’s prices have fallen by roughly half since their April peak. That means there is a chance of a small loss. How investors react is anyone’s guess, but don’t expect Tesla to sell out of its Bitcoin position. Musk continues to indicate his company will transact in the cryptocurrency when Bitcoin mining uses more sustainable power.\nInvestors will also want to know when Tesla’s new Germany plant and Austin, Texas facility will start delivering cars. The Austin plant will build Tesla’s Cybertruck. There will also likely be questions about advances in Tesla’s driver-assistance functions—the company recently started selling its driver-assistance software as a subscription—and how much money the company could make from its charging network. Musk tweeted this week Tesla would open its charging network to other EVs down the road.\nAll those topics and more should come up on the earningsconference callscheduled for 5:30 p.m. ET on Monday. Year to date, Tesla stock is down roughly 9%, trailing behind comparable 17% and 15% respective gains of theS&P 500andDow Jones Industrial Average.Still, Tesla shares have had a strong run, up about 112% over the past 12 months.","news_type":1,"symbols_score_info":{"TSLA":0.9}},"isVote":1,"tweetType":1,"viewCount":503,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":354696795,"gmtCreate":1617164459217,"gmtModify":1634522312415,"author":{"id":"3565687171198207","authorId":"3565687171198207","name":"Holla","avatar":"https://static.tigerbbs.com/c0b0e402ff8043410cc67ffccbfe2174","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3565687171198207","authorIdStr":"3565687171198207"},"themes":[],"htmlText":"Like if u long any of them!","listText":"Like if u long any of them!","text":"Like if u long any of them!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":9,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/354696795","repostId":"1154884109","repostType":4,"isVote":1,"tweetType":1,"viewCount":483,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}