RobinTan的个人主页 - 老虎社区

RobinTan

RobinTan

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2021-11-30

Why now?

抱歉，原内容已删除

2021-11-09

$Full Truck Alliance Co. Ltd.(YMM)$missed a chance to sell at 14.95 😅

2021-11-07

$GANFENGLITHIUM(01772)$等吧！~

2021-11-07

$GX ASIA SEMICON(03119)$又到了半导体飞的时候了

2021-11-02

$Full Truck Alliance Co. Ltd.(YMM)$[开心] [开心] [开心] [开心] [开心] [开心] [开心] [开心]

2021-10-20

$Full Truck Alliance Co. Ltd.(YMM)$[龇牙] [龇牙] [龇牙] [龇牙] [龇牙] [龇牙]

2021-10-20

[开心] [开心] [开心] [开心] [开心] [开心]

2021-10-19

$Full Truck Alliance Co. Ltd.(YMM)$😊😊😊😊😊😊

2021-10-19

😊😊😊😊😊😊

2021-10-19

$JD.com(JD)$first to burst through the crackdown cloud lol

2021-10-19

$China International Capital Corporation(03908)$one of the better growth banks in China

2021-10-14

$JD.com(JD)$!!!!!!

2021-10-14

!!!!!!

2021-10-09

2021-10-08

$Baidu 5xLongSG220511(DBDW.SI)$muahahaha

2021-09-30

$Kuaisho 5xShortSG220307(DJXW.SI)$shorting this baby hehe

2021-09-28

How is this *secret sauce"? It's common knowledge.

Apple Stock: The “Trick” That Can Push Share Price Higher<blockquote>苹果股票：能推高股价的“绝招”</blockquote>

2021-09-28

$GANFENGLITHIUM(01772)$might be finding a bottom soon

2021-09-23

Apple can sell plastic bags and still there will be consumers snapping them up hahaha

抱歉，原内容已删除

2021-09-23

$GANFENGLITHIUM(01772)$investing/trading is the best test of one's patience!

去老虎APP查看更多动态

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href=\"https://laohu8.com/S/JD\">$JD.com(JD)$</a>!","listText":"<a href=\"https://laohu8.com/S/JD\">$JD.com(JD)$</a>!","text":"$JD.com(JD)$!","images":[{"img":"https://static.tigerbbs.com/c8822e1d1e35de847735bb68a27089a9","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/821512615","isVote":1,"tweetType":1,"viewCount":676,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"CN","totalScore":0},{"id":821941747,"gmtCreate":1633692020964,"gmtModify":1633692021321,"author":{"id":"3566343570881532","authorId":"3566343570881532","name":"RobinTan","avatar":"https://static.tigerbbs.com/792519631b5f40b2f2c9ae8def0e8711","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3566343570881532","authorIdStr":"3566343570881532"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/DBDW.SI\">$Baidu 5xLongSG220511(DBDW.SI)$</a>muahahaha","listText":"<a href=\"https://laohu8.com/S/DBDW.SI\">$Baidu 5xLongSG220511(DBDW.SI)$</a>muahahaha","text":"$Baidu 5xLongSG220511(DBDW.SI)$muahahaha","images":[{"img":"https://static.tigerbbs.com/a60175ee27a151b580da95232d86ccc5","width":"1080","height":"2201"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/821941747","isVote":1,"tweetType":1,"viewCount":863,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"CN","totalScore":0},{"id":865695400,"gmtCreate":1632973103554,"gmtModify":1632973103890,"author":{"id":"3566343570881532","authorId":"3566343570881532","name":"RobinTan","avatar":"https://static.tigerbbs.com/792519631b5f40b2f2c9ae8def0e8711","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3566343570881532","authorIdStr":"3566343570881532"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/DJXW.SI\">$Kuaisho 5xShortSG220307(DJXW.SI)$</a>shorting this baby hehe&nbsp;","listText":"<a href=\"https://laohu8.com/S/DJXW.SI\">$Kuaisho 5xShortSG220307(DJXW.SI)$</a>shorting this baby hehe&nbsp;","text":"$Kuaisho 5xShortSG220307(DJXW.SI)$shorting this baby hehe","images":[{"img":"https://static.tigerbbs.com/0518ebc5dbd2f7220bbfde03d4c087e8","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/865695400","isVote":1,"tweetType":1,"viewCount":956,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"CN","totalScore":0},{"id":862053488,"gmtCreate":1632820605647,"gmtModify":1632820605780,"author":{"id":"3566343570881532","authorId":"3566343570881532","name":"RobinTan","avatar":"https://static.tigerbbs.com/792519631b5f40b2f2c9ae8def0e8711","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3566343570881532","authorIdStr":"3566343570881532"},"themes":[],"htmlText":"How is this *secret sauce\"? It's common knowledge.&nbsp;","listText":"How is this *secret sauce\"? It's common knowledge.&nbsp;","text":"How is this *secret sauce\"? It's common knowledge.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/862053488","repostId":"1143344359","repostType":4,"repost":{"id":"1143344359","kind":"news","pubTimestamp":1632727246,"share":"https://www.laohu8.com/m/news/1143344359?lang=zh_CN&edition=full","pubTime":"2021-09-27 15:20","market":"us","language":"en","title":"Apple Stock: The “Trick” That Can Push Share Price Higher<blockquote>苹果股票：能推高股价的“绝招”</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1143344359","media":"TheStreet","summary":"Corporate America continues to aggressively buy their own shares, following a pullback in activity d","content":"<p>Corporate America continues to aggressively buy their own shares, following a pullback in activity during the pandemic. This is how Apple stock investors should benefit.</p><p><blockquote>继疫情期间活动回落后，美国企业界继续积极购买自己的股票。这就是苹果股票投资者应该受益的方式。</blockquote></p><p> S&amp;P Dow Jones Indices has&nbsp;reported&nbsp;that US-based companies continue to invest heavily in… their own stock. Share buybacks in Q2 has risen nearly 12% sequentially and 124% YOY. This is a strong rebound from the post-COVID period of uncertainty that led to a temporary reduction in repurchase activity.</p><p><blockquote>标准普尔道琼斯指数报告称，美国公司继续大力投资……他们自己的股票。第二季度股票回购量环比增长近12%，同比增长124%。这是从导致回购活动暂时减少的后新冠疫情不确定性时期的强劲反弹。</blockquote></p><p> This is a reminder for Apple stock&nbsp;investors that the Cupertino company’s share price can continue to benefit from stock buybacks. The Apple Maven recaps why this might be the case.</p><p><blockquote>这提醒苹果股票投资者，库比蒂诺公司的股价可以继续受益于股票回购。苹果专家概述了为什么会出现这种情况。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/b3facec59ae76a6c28f4c5847600b4de\" tg-width=\"1240\" tg-height=\"886\" width=\"100%\" height=\"auto\"><span>Figure 1: Apple store in New York, NY.</span></p><p><blockquote><p class=\"t-img-caption\"><span>图1：纽约州纽约市的苹果商店。</span></p></blockquote></p><p> <b>Apple’s “secret sauce”</b></p><p><blockquote><b>苹果的“秘制酱料”</b></blockquote></p><p> A bit over a year ago,I talked about one of Apple’s tricks&nbsp;to driving share price higher in the past decade. “Tenfold in ten years” was possible not merely because of robust business fundamentals. Sure, the popularity of the iPhone and success of iPad contributed greatly to compelling stock performance. But share repurchase was also an important piece of the puzzle.</p><p><blockquote>一年多前，我谈到了苹果在过去十年中推动股价上涨的技巧之一。“十年十倍”之所以成为可能，不仅仅是因为稳健的业务基本面。当然，iPhone的流行和iPad的成功极大地促进了引人注目的股票表现。但股票回购也是这个难题的重要组成部分。</blockquote></p><p> Think about it: since 2011, Apple’s net income grew an impressive 190%. But at the same time, EPS (earnings per share) shot up by 325% over the same period. This “net income leverage” effect was only possible because share count was slashed by around 30% between 2013 and 2020. See chart below, which was published in June 2020 and not adjusted&nbsp;for the most recent stock split.</p><p><blockquote>想想看：自2011年以来，苹果的净利润增长了令人印象深刻的190%。但与此同时，EPS（每股收益）同期飙升325%。这种“净利润杠杆”效应之所以成为可能，是因为2013年至2020年间股票数量削减了约30%。请参阅下图，该图表于2020年6月发布，未根据最近的股票分割进行调整。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/10126c1a8a7f21648f44ba54c038c518\" tg-width=\"656\" tg-height=\"352\" width=\"100%\" height=\"auto\"><span>Figure 2: Apple's net cash &amp; shares outstanding since 2011.</span></p><p><blockquote><p class=\"t-img-caption\"><span>图2：苹果自2011年以来的净现金和已发行股票。</span></p></blockquote></p><p> In the S&amp;P’s most recent report, Apple was cited as the leader of the pack in stock buybacks by “not only spending the most of any [company], but its Q2 expenditure ranked second highest in S&amp;P history”. The Cupertino company seems highly committed to supporting its stock, which should be a bullish sign.</p><p><blockquote>在标准普尔最近的报告中，苹果被认为是股票回购的领导者，因为“不仅是所有[公司]中支出最多的，而且其第二季度支出在标准普尔历史上排名第二”。这家库比蒂诺公司似乎高度致力于支持其股票，这应该是一个看涨信号。</blockquote></p><p> <b>Apple Maven’s take: quick math</b></p><p><blockquote><b>苹果·梅文的观点：快速数学</b></blockquote></p><p> Continuing to retire shares is, in my view, a crucial tenet of the investment thesis on AAPL stock – and Apple’s management team seems to agree. Year-to-date, the Cupertino company has&nbsp;spent&nbsp;$66.2 billion on repurchases, 20% more than in fiscal 2020. The figure is massive, as it has represented nearly 90% of the free cash flow that Apple has produced in fiscal 2021 so far.</p><p><blockquote>在我看来，继续回购股票是苹果公司股票投资理论的一个重要原则——苹果的管理团队似乎也同意这一点。今年迄今为止，这家库比蒂诺公司已花费662亿美元用于回购，比2020财年增加了20%。这个数字是巨大的，因为它占苹果2021财年迄今为止产生的自由现金流的近90%。</blockquote></p><p> At this pace, and assuming a share price of $150 apiece, Apple can retire around 600 million shares per year going forward, or just short of 4% of the total number of shares outstanding annually. Give it five years, and Apple’s share count could drop by almost 20%.</p><p><blockquote>按照这个速度，假设每股股价为150美元，苹果未来每年可以退役约6亿股，略低于每年已发行股票总数的4%。五年后，苹果的股票数量可能会下降近20%。</blockquote></p><p> Think of the EPS calculation, which is net income divided by shares outstanding. Repurchases alone can boost Apple’s bottom line quite substantially. Assuming the stock’s P/E valuation does not change, it is fair to say, roughly, that AAPL stock can rise some 20% by 2026 due to buybacks alone.</p><p><blockquote>想想每股收益的计算，即净利润除以已发行股票。仅回购就可以大幅提高苹果的利润。假设该股的市盈率估值不变，粗略地说，仅由于回购，AAPL股价到2026年就可以上涨约20%。</blockquote></p><p> For this reason and given the recent reports of a pickup in share repurchase activity across Corporate America, Apple investors have good reasons to be optimistic about share price performance.</p><p><blockquote>出于这个原因，并鉴于最近有报道称美国企业界股票回购活动有所增加，苹果投资者有充分的理由对股价表现持乐观态度。</blockquote></p><p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Apple Stock: The “Trick” That Can Push Share Price Higher<blockquote>苹果股票：能推高股价的“绝招”</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nApple Stock: The “Trick” That Can Push Share Price Higher<blockquote>苹果股票：能推高股价的“绝招”</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">TheStreet</strong><span class=\"h-time small\">2021-09-27 15:20</span>\n</p>\n</h4>\n</header>\n<article>\n<p>Corporate America continues to aggressively buy their own shares, following a pullback in activity during the pandemic. This is how Apple stock investors should benefit.</p><p><blockquote>继疫情期间活动回落后，美国企业界继续积极购买自己的股票。这就是苹果股票投资者应该受益的方式。</blockquote></p><p> S&amp;P Dow Jones Indices has&nbsp;reported&nbsp;that US-based companies continue to invest heavily in… their own stock. Share buybacks in Q2 has risen nearly 12% sequentially and 124% YOY. This is a strong rebound from the post-COVID period of uncertainty that led to a temporary reduction in repurchase activity.</p><p><blockquote>标准普尔道琼斯指数报告称，美国公司继续大力投资……他们自己的股票。第二季度股票回购量环比增长近12%，同比增长124%。这是从导致回购活动暂时减少的后新冠疫情不确定性时期的强劲反弹。</blockquote></p><p> This is a reminder for Apple stock&nbsp;investors that the Cupertino company’s share price can continue to benefit from stock buybacks. The Apple Maven recaps why this might be the case.</p><p><blockquote>这提醒苹果股票投资者，库比蒂诺公司的股价可以继续受益于股票回购。苹果专家概述了为什么会出现这种情况。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/b3facec59ae76a6c28f4c5847600b4de\" tg-width=\"1240\" tg-height=\"886\" width=\"100%\" height=\"auto\"><span>Figure 1: Apple store in New York, NY.</span></p><p><blockquote><p class=\"t-img-caption\"><span>图1：纽约州纽约市的苹果商店。</span></p></blockquote></p><p> <b>Apple’s “secret sauce”</b></p><p><blockquote><b>苹果的“秘制酱料”</b></blockquote></p><p> A bit over a year ago,I talked about one of Apple’s tricks&nbsp;to driving share price higher in the past decade. “Tenfold in ten years” was possible not merely because of robust business fundamentals. Sure, the popularity of the iPhone and success of iPad contributed greatly to compelling stock performance. But share repurchase was also an important piece of the puzzle.</p><p><blockquote>一年多前，我谈到了苹果在过去十年中推动股价上涨的技巧之一。“十年十倍”之所以成为可能，不仅仅是因为稳健的业务基本面。当然，iPhone的流行和iPad的成功极大地促进了引人注目的股票表现。但股票回购也是这个难题的重要组成部分。</blockquote></p><p> Think about it: since 2011, Apple’s net income grew an impressive 190%. But at the same time, EPS (earnings per share) shot up by 325% over the same period. This “net income leverage” effect was only possible because share count was slashed by around 30% between 2013 and 2020. See chart below, which was published in June 2020 and not adjusted&nbsp;for the most recent stock split.</p><p><blockquote>想想看：自2011年以来，苹果的净利润增长了令人印象深刻的190%。但与此同时，EPS（每股收益）同期飙升325%。这种“净利润杠杆”效应之所以成为可能，是因为2013年至2020年间股票数量削减了约30%。请参阅下图，该图表于2020年6月发布，未根据最近的股票分割进行调整。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/10126c1a8a7f21648f44ba54c038c518\" tg-width=\"656\" tg-height=\"352\" width=\"100%\" height=\"auto\"><span>Figure 2: Apple's net cash &amp; shares outstanding since 2011.</span></p><p><blockquote><p class=\"t-img-caption\"><span>图2：苹果自2011年以来的净现金和已发行股票。</span></p></blockquote></p><p> In the S&amp;P’s most recent report, Apple was cited as the leader of the pack in stock buybacks by “not only spending the most of any [company], but its Q2 expenditure ranked second highest in S&amp;P history”. The Cupertino company seems highly committed to supporting its stock, which should be a bullish sign.</p><p><blockquote>在标准普尔最近的报告中，苹果被认为是股票回购的领导者，因为“不仅是所有[公司]中支出最多的，而且其第二季度支出在标准普尔历史上排名第二”。这家库比蒂诺公司似乎高度致力于支持其股票，这应该是一个看涨信号。</blockquote></p><p> <b>Apple Maven’s take: quick math</b></p><p><blockquote><b>苹果·梅文的观点：快速数学</b></blockquote></p><p> Continuing to retire shares is, in my view, a crucial tenet of the investment thesis on AAPL stock – and Apple’s management team seems to agree. Year-to-date, the Cupertino company has&nbsp;spent&nbsp;$66.2 billion on repurchases, 20% more than in fiscal 2020. The figure is massive, as it has represented nearly 90% of the free cash flow that Apple has produced in fiscal 2021 so far.</p><p><blockquote>在我看来，继续回购股票是苹果公司股票投资理论的一个重要原则——苹果的管理团队似乎也同意这一点。今年迄今为止，这家库比蒂诺公司已花费662亿美元用于回购，比2020财年增加了20%。这个数字是巨大的，因为它占苹果2021财年迄今为止产生的自由现金流的近90%。</blockquote></p><p> At this pace, and assuming a share price of $150 apiece, Apple can retire around 600 million shares per year going forward, or just short of 4% of the total number of shares outstanding annually. Give it five years, and Apple’s share count could drop by almost 20%.</p><p><blockquote>按照这个速度，假设每股股价为150美元，苹果未来每年可以退役约6亿股，略低于每年已发行股票总数的4%。五年后，苹果的股票数量可能会下降近20%。</blockquote></p><p> Think of the EPS calculation, which is net income divided by shares outstanding. Repurchases alone can boost Apple’s bottom line quite substantially. Assuming the stock’s P/E valuation does not change, it is fair to say, roughly, that AAPL stock can rise some 20% by 2026 due to buybacks alone.</p><p><blockquote>想想每股收益的计算，即净利润除以已发行股票。仅回购就可以大幅提高苹果的利润。假设该股的市盈率估值不变，粗略地说，仅由于回购，AAPL股价到2026年就可以上涨约20%。</blockquote></p><p> For this reason and given the recent reports of a pickup in share repurchase activity across Corporate America, Apple investors have good reasons to be optimistic about share price performance.</p><p><blockquote>出于这个原因，并鉴于最近有报道称美国企业界股票回购活动有所增加，苹果投资者有充分的理由对股价表现持乐观态度。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.thestreet.com/apple/stock/apple-stock-the-trick-that-can-push-share-price-higher\">TheStreet</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果"},"source_url":"https://www.thestreet.com/apple/stock/apple-stock-the-trick-that-can-push-share-price-higher","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1143344359","content_text":"Corporate America continues to aggressively buy their own shares, following a pullback in activity during the pandemic. This is how Apple stock investors should benefit.\nS&P Dow Jones Indices has reported that US-based companies continue to invest heavily in… their own stock. Share buybacks in Q2 has risen nearly 12% sequentially and 124% YOY. This is a strong rebound from the post-COVID period of uncertainty that led to a temporary reduction in repurchase activity.\nThis is a reminder for Apple stock investors that the Cupertino company’s share price can continue to benefit from stock buybacks. The Apple Maven recaps why this might be the case.\nFigure 1: Apple store in New York, NY.\nApple’s “secret sauce”\nA bit over a year ago,I talked about one of Apple’s tricks to driving share price higher in the past decade. “Tenfold in ten years” was possible not merely because of robust business fundamentals. Sure, the popularity of the iPhone and success of iPad contributed greatly to compelling stock performance. But share repurchase was also an important piece of the puzzle.\nThink about it: since 2011, Apple’s net income grew an impressive 190%. But at the same time, EPS (earnings per share) shot up by 325% over the same period. This “net income leverage” effect was only possible because share count was slashed by around 30% between 2013 and 2020. See chart below, which was published in June 2020 and not adjusted for the most recent stock split.\nFigure 2: Apple's net cash & shares outstanding since 2011.\nIn the S&P’s most recent report, Apple was cited as the leader of the pack in stock buybacks by “not only spending the most of any [company], but its Q2 expenditure ranked second highest in S&P history”. The Cupertino company seems highly committed to supporting its stock, which should be a bullish sign.\nApple Maven’s take: quick math\nContinuing to retire shares is, in my view, a crucial tenet of the investment thesis on AAPL stock – and Apple’s management team seems to agree. Year-to-date, the Cupertino company has spent $66.2 billion on repurchases, 20% more than in fiscal 2020. The figure is massive, as it has represented nearly 90% of the free cash flow that Apple has produced in fiscal 2021 so far.\nAt this pace, and assuming a share price of $150 apiece, Apple can retire around 600 million shares per year going forward, or just short of 4% of the total number of shares outstanding annually. Give it five years, and Apple’s share count could drop by almost 20%.\nThink of the EPS calculation, which is net income divided by shares outstanding. Repurchases alone can boost Apple’s bottom line quite substantially. Assuming the stock’s P/E valuation does not change, it is fair to say, roughly, that AAPL stock can rise some 20% by 2026 due to buybacks alone.\nFor this reason and given the recent reports of a pickup in share repurchase activity across Corporate America, Apple investors have good reasons to be optimistic about share price performance.","news_type":1,"symbols_score_info":{"AAPL":0.9}},"isVote":1,"tweetType":1,"viewCount":771,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":862027601,"gmtCreate":1632820200763,"gmtModify":1632820200897,"author":{"id":"3566343570881532","authorId":"3566343570881532","name":"RobinTan","avatar":"https://static.tigerbbs.com/792519631b5f40b2f2c9ae8def0e8711","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3566343570881532","authorIdStr":"3566343570881532"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/01772\">$GANFENGLITHIUM(01772)$</a>might be finding a bottom soon&nbsp;","listText":"<a href=\"https://laohu8.com/S/01772\">$GANFENGLITHIUM(01772)$</a>might be finding a bottom soon&nbsp;","text":"$GANFENGLITHIUM(01772)$might be finding a bottom soon","images":[{"img":"https://static.tigerbbs.com/43ab258046f3b1110ff492229ae884c7","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/862027601","isVote":1,"tweetType":1,"viewCount":769,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"CN","totalScore":0},{"id":863117994,"gmtCreate":1632363796818,"gmtModify":1632800896405,"author":{"id":"3566343570881532","authorId":"3566343570881532","name":"RobinTan","avatar":"https://static.tigerbbs.com/792519631b5f40b2f2c9ae8def0e8711","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3566343570881532","authorIdStr":"3566343570881532"},"themes":[],"htmlText":"Apple can sell plastic bags and still there will be consumers snapping them up hahaha","listText":"Apple can sell plastic bags and still there will be consumers snapping them up hahaha","text":"Apple can sell plastic bags and still there will be consumers snapping them up hahaha","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/863117994","repostId":"1143821004","repostType":4,"isVote":1,"tweetType":1,"viewCount":572,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":863111283,"gmtCreate":1632363388342,"gmtModify":1632800900587,"author":{"id":"3566343570881532","authorId":"3566343570881532","name":"RobinTan","avatar":"https://static.tigerbbs.com/792519631b5f40b2f2c9ae8def0e8711","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3566343570881532","authorIdStr":"3566343570881532"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/01772\">$GANFENGLITHIUM(01772)$</a>investing/trading is the best test of one's patience!","listText":"<a href=\"https://laohu8.com/S/01772\">$GANFENGLITHIUM(01772)$</a>investing/trading is the best test of one's patience!","text":"$GANFENGLITHIUM(01772)$investing/trading is the best test of one's patience!","images":[{"img":"https://static.tigerbbs.com/4f8cb651e7cccbf4e40f09e8f279bfdc","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/863111283","isVote":1,"tweetType":1,"viewCount":537,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0}],"hots":[{"id":863117994,"gmtCreate":1632363796818,"gmtModify":1632800896405,"author":{"id":"3566343570881532","authorId":"3566343570881532","name":"RobinTan","avatar":"https://static.tigerbbs.com/792519631b5f40b2f2c9ae8def0e8711","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3566343570881532","idStr":"3566343570881532"},"themes":[],"htmlText":"Apple can sell plastic bags and still there will be consumers snapping them up hahaha","listText":"Apple can sell plastic bags and still there will be consumers snapping them up hahaha","text":"Apple can sell plastic bags and still there will be consumers snapping them up hahaha","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/863117994","repostId":"1143821004","repostType":4,"isVote":1,"tweetType":1,"viewCount":572,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":889431242,"gmtCreate":1631166937186,"gmtModify":1631889580370,"author":{"id":"3566343570881532","authorId":"3566343570881532","name":"RobinTan","avatar":"https://static.tigerbbs.com/792519631b5f40b2f2c9ae8def0e8711","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3566343570881532","idStr":"3566343570881532"},"themes":[],"htmlText":"I would argue that a safer and steadier bet is to buy in on lithium stocks. Because what do they have in common?&nbsp;[开心]&nbsp;","listText":"I would argue that a safer and steadier bet is to buy in on lithium stocks. Because what do they have in common?&nbsp;[开心]&nbsp;","text":"I would argue that a safer and steadier bet is to buy in on lithium stocks. Because what do they have in common? [开心]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/889431242","repostId":"2165399556","repostType":4,"isVote":1,"tweetType":1,"viewCount":537,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":885575431,"gmtCreate":1631806590923,"gmtModify":1631883970914,"author":{"id":"3566343570881532","authorId":"3566343570881532","name":"RobinTan","avatar":"https://static.tigerbbs.com/792519631b5f40b2f2c9ae8def0e8711","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3566343570881532","idStr":"3566343570881532"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/YMM\">$Full Truck Alliance Co. Ltd.(YMM)$</a>uptrend go go!","listText":"<a href=\"https://laohu8.com/S/YMM\">$Full Truck Alliance Co. Ltd.(YMM)$</a>uptrend go go!","text":"$Full Truck Alliance Co. Ltd.(YMM)$uptrend go go!","images":[{"img":"https://static.tigerbbs.com/c9e85dba5a3cb5d55e014d48ea09a53f","width":"1080","height":"3271"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/885575431","isVote":1,"tweetType":1,"viewCount":743,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":886023203,"gmtCreate":1631540166102,"gmtModify":1631884938614,"author":{"id":"3566343570881532","authorId":"3566343570881532","name":"RobinTan","avatar":"https://static.tigerbbs.com/792519631b5f40b2f2c9ae8def0e8711","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3566343570881532","idStr":"3566343570881532"},"themes":[],"htmlText":"<a target=\"_blank\" href=\"https://laohu8.com/S/SPRT\">$Support.com(SPRT)$</a> COME ON! Don't be afraid!! Squeeze the capitalists dry!!","listText":"<a target=\"_blank\" href=\"https://laohu8.com/S/SPRT\">$Support.com(SPRT)$</a> COME ON! Don't be afraid!! Squeeze the capitalists dry!!","text":"$Support.com(SPRT)$ COME ON! Don't be afraid!! Squeeze the capitalists dry!!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/886023203","isVote":1,"tweetType":1,"viewCount":704,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":609004139,"gmtCreate":1638203966029,"gmtModify":1638203966249,"author":{"id":"3566343570881532","authorId":"3566343570881532","name":"RobinTan","avatar":"https://static.tigerbbs.com/792519631b5f40b2f2c9ae8def0e8711","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3566343570881532","idStr":"3566343570881532"},"themes":[],"htmlText":"Why now?&nbsp;","listText":"Why now?&nbsp;","text":"Why now?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/609004139","repostId":"1143270367","repostType":4,"isVote":1,"tweetType":1,"viewCount":3004,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":822525679,"gmtCreate":1634149435844,"gmtModify":1634149435979,"author":{"id":"3566343570881532","authorId":"3566343570881532","name":"RobinTan","avatar":"https://static.tigerbbs.com/792519631b5f40b2f2c9ae8def0e8711","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3566343570881532","idStr":"3566343570881532"},"themes":[],"htmlText":"!!!!!!","listText":"!!!!!!","text":"!!!!!!","images":[{"img":"https://static.tigerbbs.com/3f8b338fd04789cb41f1c092d21ca687","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/822525679","isVote":1,"tweetType":1,"viewCount":966,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"CN","totalScore":0},{"id":869448942,"gmtCreate":1632318991886,"gmtModify":1632801277162,"author":{"id":"3566343570881532","authorId":"3566343570881532","name":"RobinTan","avatar":"https://static.tigerbbs.com/792519631b5f40b2f2c9ae8def0e8711","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3566343570881532","idStr":"3566343570881532"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/JD\">$JD.com(JD)$</a>jd 來吧！","listText":"<a href=\"https://laohu8.com/S/JD\">$JD.com(JD)$</a>jd 來吧！","text":"$JD.com(JD)$jd 來吧！","images":[{"img":"https://static.tigerbbs.com/15c7a47943603aff2058ea284c290143","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/869448942","isVote":1,"tweetType":1,"viewCount":539,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"CN","totalScore":0},{"id":889436376,"gmtCreate":1631167100895,"gmtModify":1631889580366,"author":{"id":"3566343570881532","authorId":"3566343570881532","name":"RobinTan","avatar":"https://static.tigerbbs.com/792519631b5f40b2f2c9ae8def0e8711","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3566343570881532","idStr":"3566343570881532"},"themes":[],"htmlText":"Growth at all cost..?","listText":"Growth at all cost..?","text":"Growth at all cost..?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/889436376","repostId":"1180788041","repostType":4,"repost":{"id":"1180788041","kind":"news","pubTimestamp":1631062558,"share":"https://www.laohu8.com/m/news/1180788041?lang=zh_CN&edition=full","pubTime":"2021-09-08 08:55","market":"us","language":"en","title":"Wall Street's hottest investor is betting big on a handful of stocks. Critics say she's playing with fire<blockquote>华尔街最炙手可热的投资者正在少数股票上下大赌注。批评者说她在玩火</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1180788041","media":"CNN Business","summary":"New York  - At a time when many investors are content to follow the crowd and buy top techs like Apple, Amazon and Microsoft, Cathie Wood is looking for the next big innovators in buzzy fields like robotics, fintech and space exploration.It's a high-flying, high-risk, high-reward tier of investing. And it's put Wood's fans on a white-knuckle ride in 2021.Last year, Wood's strategy paid huge dividends for investors in her flagship Ark Innovation exchange-traded fund. It surged nearly 150% in 2020","content":"<p><b>New York (CNN Business)&nbsp;-&nbsp;</b>At a time when many investors are content to follow the crowd and buy top techs like Apple, Amazon and Microsoft, Cathie Wood is looking for the next big innovators in buzzy fields like robotics, fintech and space exploration.</p><p><blockquote><b>纽约（CNN商业）——</b>当许多投资者满足于随大流并购买苹果、亚马逊和微软等顶级科技公司时，凯西·伍德正在机器人、金融科技和太空探索等热门领域寻找下一个大创新者。</blockquote></p><p> It's a high-flying, high-risk, high-reward tier of investing. And it's put Wood's fans on a white-knuckle ride in 2021.</p><p><blockquote>这是一个雄心勃勃、高风险、高回报的投资层次。这让伍德的粉丝们在2021年感到紧张。</blockquote></p><p> Last year, Wood's strategy paid huge dividends for investors in her flagship&nbsp;Ark Innovation(ARKK)&nbsp;exchange-traded fund. It surged nearly 150% in 2020 and helped turn her into a Wall Street superstar — sort of the Warren Buffett of momentum investing.</p><p><blockquote>去年，伍德的策略为其旗舰方舟创新（ARKK）交易所交易基金的投资者带来了巨额股息。2020年股价飙升近150%，帮助她成为华尔街巨星——有点像动量投资界的沃伦·巴菲特。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/120f0d157792edd784c8787a1c05e955\" tg-width=\"1100\" tg-height=\"619\" width=\"100%\" height=\"auto\"><span>Cathie Wood, CEO of Ark Investment Management, has become the face of the growth stock movement on Wall Street.</span></p><p><blockquote><p class=\"t-img-caption\"><span>方舟投资管理公司首席执行官凯西·伍德(Cathie Wood)已成为华尔街成长股运动的代言人。</span></p></blockquote></p><p> But this year hasn't been nearly as kind to Wood as the last. The Innovation ETF was down 2.5% through late August, despite a red-hot market for tech with the Nasdaq up more than 18% so far in 2021.</p><p><blockquote>但是今年对伍德来说并不像去年那么好。尽管科技市场炙手可热，2021年迄今为止纳斯达克上涨了18%以上，但截至8月底，创新ETF仍下跌了2.5%。</blockquote></p><p> Wood wasn't available to comment for this story, but she doubled down in&nbsp;an interview with CNBC&nbsp;in August. She's not worried that the Ark strategy of looking for new tech leaders will end badly, and she maintains that this current rally will not be a repeat of the epic 2000 dot-com implosion.</p><p><blockquote>伍德无法对此事发表评论，但她在8月份接受CNBC采访时加倍了评论。她并不担心寻找新科技领导者的方舟战略会以糟糕的结局告终，她坚持认为当前的反弹不会重演2000年史诗般的互联网内爆。</blockquote></p><p> \"I don't think we're in a bubble, which is what I think many bears think we are,\" Wood told CNBC. \"We have nothing like that right now. In fact, you see a lot of IPOs or SPACs coming out and falling to Earth. We couldn't be further away from a bubble.\"</p><p><blockquote>伍德对CNBC表示：“我不认为我们处于泡沫之中，我认为许多空头认为我们处于泡沫之中。”“我们现在没有这样的东西。事实上，你会看到很多IPO或SPAC上市，然后落地。我们离泡沫已经不远了。”</blockquote></p><p> <b>How Wood developed her strategy</b></p><p><blockquote><b>伍德如何制定她的战略</b></blockquote></p><p> Wood speaks from experience. She's no millennial or Gen Z investor for whom the 2000 tech implosion is merely a war story told by older traders. The 65-year-old Wood lived through the last major tech crash, as well as the infamous Black Monday of 1987.</p><p><blockquote>伍德凭经验说话。她不是千禧一代或Z世代投资者，对他们来说，2000年的科技内爆只是年长交易者讲述的战争故事。65岁的伍德经历了上一次重大科技崩盘，以及1987年臭名昭著的黑色星期一。</blockquote></p><p> She worked for Prudential-owned money manager Jennison Associates for 18 years in the 1980s and 1990s and then spent a dozen years at AllianceBernstein before leaving in 2013.</p><p><blockquote>20世纪80年代和90年代，她在保诚旗下的基金管理公司Jennison Associates工作了18年，然后在联博工作了十几年，然后于2013年离职。</blockquote></p><p> But then, AllianceBernstein passed on her idea to launch a suite of actively managed exchange-traded funds. So she struck out on her own and started Ark in 2014.</p><p><blockquote>但随后，联博传递了她的想法，推出了一套主动管理型交易所交易基金。因此，她独自一人，在2014年创办了Ark。</blockquote></p><p> \"I have been watching disruptive innovation for my entire career — why don't I help my own sector along?\" she&nbsp;told Forbes&nbsp;in a 2014 interview.</p><p><blockquote>“在我的整个职业生涯中，我一直在关注颠覆性创新——为什么我不帮助自己的行业呢？”她在2014年的一次采访中告诉《福布斯》。</blockquote></p><p> That focus on disruption means Wood ties her ETF's fortunes to visionary but mercurial leaders.</p><p><blockquote>这种对颠覆性的关注意味着伍德将她的ETF的命运与富有远见但善变的领导者联系在一起。</blockquote></p><p> In the most prominent example, Wood remains an unabashed fan of&nbsp;Tesla(TSLA)&nbsp;and CEO Elon Musk. The EV maker is the top stock, by far, in Ark's Innovation ETF, accounting for more than 10% of the fund's holdings. It's also the biggest position in Ark's&nbsp;Autonomous Technology &amp; Robotics(ARKQ)&nbsp;and&nbsp;Next Generation Internet(ARKW)&nbsp;ETFs.</p><p><blockquote>最突出的例子是，伍德仍然是特斯拉(TSLA)和首席执行官Elon Musk的毫不掩饰的粉丝。迄今为止，这家电动汽车制造商是Ark创新ETF中排名第一的股票，占该基金持股的10%以上。它也是Ark自主技术与机器人(ARKQ)和下一代互联网(ARKW)ETF中最大的头寸。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/425dc1ea59eb1c068eaba7a392e6c04d\" tg-width=\"1100\" tg-height=\"619\" width=\"100%\" height=\"auto\"><span>Wood is a vocal fan of Tesla, which is a top holding in several of Ark's funds.</span></p><p><blockquote><p class=\"t-img-caption\"><span>伍德是特斯拉的忠实粉丝，该公司是Ark旗下多只基金的重仓股。</span></p></blockquote></p><p> Wood is also OK with companies like Tesla issuing more stock to raise money to fund futuristic projects like autonomous vehicles. Some investors are wary of that strategy because the new shares lower the value of existing investors' holdings, but she thinks that's a short-sighted argument, particularly from Tesla bears.</p><p><blockquote>伍德也同意特斯拉等公司发行更多股票来筹集资金，为自动驾驶汽车等未来项目提供资金。一些投资者对这一策略持谨慎态度，因为新股会降低现有投资者持股的价值，但她认为这是一种短视的观点，尤其是来自特斯拉空头的观点。</blockquote></p><p> \"We're not afraid of dilution ... if we think they're doing it for the right reason,\" she told CNBC. \"We wanted them to scale as quickly as possible because we think if we're right on autonomous ...Tesla could get the lion's share of that market, certainly in the United States.\"</p><p><blockquote>“我们不怕稀释……如果我们认为他们这样做是出于正确的原因，”她告诉CNBC。“我们希望他们尽快扩大规模，因为我们认为如果我们在自动驾驶方面是正确的……特斯拉可以获得该市场的最大份额，当然是在美国。”</blockquote></p><p> Ark's big investment in Tesla is a bet on Musk continuing to innovate beyond the business of electric cars, Wood explained in an&nbsp;interview with Bloomberg Radio&nbsp;in August. She raved about Tesla's plans to&nbsp;build a humanoid robot, for example.</p><p><blockquote>伍德在8月份接受彭博电台采访时解释说，方舟对特斯拉的巨额投资是押注马斯克在电动汽车业务之外继续创新。例如，她对特斯拉制造人形机器人的计划赞不绝口。</blockquote></p><p> \"Every passing day, especially the more we learn about their AI expertise and how they're really driving the space ... we believe they have the pole position,\" she said, noting that Ark analysts were \"blown away\" by Musk's presentation.</p><p><blockquote>“日复一日，尤其是我们对他们的人工智能专业知识以及他们如何真正推动该领域的了解越多……我们相信他们拥有领先地位，”她说，并指出方舟分析师被马斯克的演讲“震惊”了。</blockquote></p><p> <b>Growth at all costs</b></p><p><blockquote><b>不惜一切代价实现增长</b></blockquote></p><p> Wood recognizes her growth-at-all-costs way of investing is not for everyone.</p><p><blockquote>伍德认识到，她不惜一切代价实现增长的投资方式并不适合所有人。</blockquote></p><p> Tesla has lagged the broader market this year. Shares of&nbsp;Teladoc(TDOC), a telehealth company that is the second-largest holding in the Ark Innovation ETF and was a big winner at the start of the pandemic, are down more than 25% in 2021.</p><p><blockquote>特斯拉今年表现落后于大盘。Teladoc(TDOC)是一家远程医疗公司，是Ark Innovation ETF的第二大持股，也是疫情爆发之初的大赢家，其股价在2021年下跌了25%以上。</blockquote></p><p> \"We've seen higher-valuation stocks hit hard this year. But the growth for these innovative companies will still be treated well over time,\" Wood said&nbsp;during a webcast&nbsp;hosted by Cboe Global Markets in March.</p><p><blockquote>“我们看到估值较高的股票今年遭受重创。但随着时间的推移，这些创新型公司的增长仍将受到良好对待，”伍德在3月份由芝加哥期权交易所全球市场主办的网络直播中表示。</blockquote></p><p></p><p> Wood added that she thinks investors also should put a small percentage of their money in bitcoin, another risky bet. And she stressed that investors have to overlook the inevitable short-term bumps that come with any asset. It's essential to maintain longer-term convictions and invest for future growth, Wood believes.</p><p><blockquote>伍德补充说，她认为投资者还应该将一小部分资金投入比特币，这是另一个高风险的赌注。她强调，投资者必须忽视任何资产不可避免的短期波动。伍德认为，保持长期信念并为未来增长进行投资至关重要。</blockquote></p><p> \"A lot of companies catering to short-term investors who wanted profits now [have] invested more in stock buybacks and dividends over innovation,\" she said. \"That puts them in harm's way.\"</p><p><blockquote>“许多迎合想要利润的短期投资者的公司现在在股票回购和股息上的投资超过了创新，”她说。“这让他们处于危险之中。”</blockquote></p><p> A colleague describes Wood's go-big-or-go-home approach as a model for the new way of investing. Too many fund managers are afraid to look far into the future when judging a company's merits, instead focusing myopically on the prior and next quarterly earnings reports.</p><p><blockquote>一位同事将伍德的“要么做大，要么回家”方法描述为新投资方式的典范。太多的基金经理在判断一家公司的优点时不敢展望未来，而是短视地关注上一季度和下一季度的收益报告。</blockquote></p><p> \"Cathie has been focusing on Tesla for a long time. She looks at it not just as an automobile manufacturer. You can't compare it to traditional car companies,\"&nbsp;Ark Invest's Ren Leggi, who works closely with Wood on investment decisions as the company's client portfolio manager, told&nbsp;CNN Business in March.</p><p><blockquote>Ark Invest的Ren Leggi在3月份告诉CNN Business：“Cathie长期以来一直关注特斯拉。她不仅仅将其视为一家汽车制造商。你不能将其与传统汽车公司相提并论。”他作为该公司的客户投资组合经理，在投资决策上与伍德密切合作。</blockquote></p><p> <b>Wood's critics</b></p><p><blockquote><b>伍德的批评者</b></blockquote></p><p> But a growing chorus of skeptics think Wood's funds could eventually collapse. Michael Burry, one of the super-bearish investors made famous in \"The Big Short,\" recently established a short position on the Ark Innovation ETF — essentially betting that it will fall sharply.</p><p><blockquote>但越来越多的怀疑者认为伍德的基金最终可能会崩溃。迈克尔·伯里(Michael Burry)是因《大空头》而闻名的超级看跌投资者之一，他最近在Ark Innovation ETF上建立了空头头寸——本质上是押注该基金将大幅下跌。</blockquote></p><p> Some tech stock veterans also wonder if Wood is just an investing flavor of the month, comparing her to once-popular portfolio managers like Kevin Landis of Firsthand Funds, Alberto Vilar of Amerindo and Garrett Van Wagoner, who ran a popular emerging-growth fund in the late 1990s.</p><p><blockquote>一些科技股资深人士还想知道伍德是否只是本月的投资风云人物，将她与Firsthand Funds的凯文·兰迪斯(Kevin Landis)、Amerindo的阿尔贝托·维拉尔(Alberto Vilar)和在20世纪90年代末运营着一只受欢迎的新兴增长基金的加勒特·范·瓦格纳(Garrett Van Wagoner)等曾经受欢迎的投资组合经理进行了比较。</blockquote></p><p> Many of those tech funds imploded following the 2000 bubble. The<i>Wall Street Journal</i>wrote a catch-up piece about Van Wagoner and other late 1990s tech gurus in 2010&nbsp;with the headline \"From Fame, Fortune to Flamed-Out Stars. Post-Bust Fates of Tech-Fund Mavens.\"</p><p><blockquote>许多科技基金在2000年泡沫之后崩溃了。The<i>华尔街日报</i>2010年，他写了一篇关于范·瓦格纳和其他20世纪90年代末科技大师的后续文章，标题是“从名声、财富到燃烧的明星。科技基金专家的破产后命运。”</blockquote></p><p> Is Wood destined for similar ignominy?</p><p><blockquote>伍德注定会遭受类似的耻辱吗？</blockquote></p><p> Rivals take issue with Wood making such big bets on only a handful of stocks. The Ark Innovation ETF, for example, has nearly half its assets concentrated in its top 10 holdings. Beyond Tesla, that fund also owns sizable stakes in&nbsp;Roku(ROKU),Coinbase,Zoom(ZM)&nbsp;and&nbsp;Square(SQ).</p><p><blockquote>竞争对手对伍德只在少数股票上下如此大的赌注提出异议。例如，Ark Innovation ETF近一半的资产集中在其前10名持股中。除了特斯拉之外，该基金还拥有Roku（Roku）、Coinbase、Zoom（ZM）和Square（SQ）的大量股份。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/c02cbbe0138a0aaa5b930521275ad26e\" tg-width=\"1100\" tg-height=\"619\" width=\"100%\" height=\"auto\"><span>Roku is another example of a high-risk/high-reward stock that Wood loves.</span></p><p><blockquote><p class=\"t-img-caption\"><span>Roku是伍德喜欢的高风险/高回报股票的另一个例子。</span></p></blockquote></p><p> \"Our investment approach is similar to Ark in that we are focusing on tech. But we're different in that we avoid concentration,\"Jeremie Capron, head of research at ROBO Global, told CNN Business in March.</p><p><blockquote>ROBO Global研究主管Jeremie Capron 3月份对CNN Business表示：“我们的投资方式与Ark类似，因为我们专注于科技。但我们的不同之处在于我们避免集中。”</blockquote></p><p> The top 10 holdings in theROBO Global Robotics and Automation Index(ROBO)ETF&nbsp;account for less than 20% of the fund's total assets, and the fund owns about 80 stocks. Ark funds typically own shares in only about 30 to 50 companies.</p><p><blockquote>theROBO全球机器人与自动化指数（ROBO）ETF的前10大持股占该基金总资产的比例不到20%，该基金拥有约80只股票。方舟基金通常只拥有大约30到50家公司的股票。</blockquote></p><p> For the time being, Wood is having the last laugh.</p><p><blockquote>目前，伍德笑到了最后。</blockquote></p><p> Yes, her fund's returns may be volatile year-to-year — the Ark Innovation ETF fell nearly 25% in 2018 before rebounding 30% in 2019 — but it has tended to smooth out. The five-year average annualized return for the Ark Innovation ETF through mid-2021 was 48.6%, compared to 17.7% for the S&amp;P 500.</p><p><blockquote>是的，她的基金的回报可能逐年波动——Ark Innovation ETF在2018年下跌了近25%，然后在2019年反弹了30%——但它已经趋于平稳。截至2021年中期，Ark Innovation ETF的五年平均年化回报率为48.6%，而标普500为17.7%。</blockquote></p><p> As long as that long-term trend continues, Ark acolytes may forgive a down year every now and then as Wood continues to swing for the fences.</p><p><blockquote>只要这种长期趋势持续下去，方舟的追随者可能会时不时地原谅低迷的一年，因为伍德继续摇摆。</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>Wall Street's hottest investor is betting big on a handful of stocks. Critics say she's playing with fire<blockquote>华尔街最炙手可热的投资者正在少数股票上下大赌注。批评者说她在玩火</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\">\nWall Street's hottest investor is betting big on a handful of stocks. Critics say she's playing with fire<blockquote>华尔街最炙手可热的投资者正在少数股票上下大赌注。批评者说她在玩火</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">CNN Business</strong><span class=\"h-time small\">2021-09-08 08:55</span>\n</p>\n</h4>\n</header>\n<article>\n<p><b>New York (CNN Business)&nbsp;-&nbsp;</b>At a time when many investors are content to follow the crowd and buy top techs like Apple, Amazon and Microsoft, Cathie Wood is looking for the next big innovators in buzzy fields like robotics, fintech and space exploration.</p><p><blockquote><b>纽约（CNN商业）——</b>当许多投资者满足于随大流并购买苹果、亚马逊和微软等顶级科技公司时，凯西·伍德正在机器人、金融科技和太空探索等热门领域寻找下一个大创新者。</blockquote></p><p> It's a high-flying, high-risk, high-reward tier of investing. And it's put Wood's fans on a white-knuckle ride in 2021.</p><p><blockquote>这是一个雄心勃勃、高风险、高回报的投资层次。这让伍德的粉丝们在2021年感到紧张。</blockquote></p><p> Last year, Wood's strategy paid huge dividends for investors in her flagship&nbsp;Ark Innovation(ARKK)&nbsp;exchange-traded fund. It surged nearly 150% in 2020 and helped turn her into a Wall Street superstar — sort of the Warren Buffett of momentum investing.</p><p><blockquote>去年，伍德的策略为其旗舰方舟创新（ARKK）交易所交易基金的投资者带来了巨额股息。2020年股价飙升近150%，帮助她成为华尔街巨星——有点像动量投资界的沃伦·巴菲特。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/120f0d157792edd784c8787a1c05e955\" tg-width=\"1100\" tg-height=\"619\" width=\"100%\" height=\"auto\"><span>Cathie Wood, CEO of Ark Investment Management, has become the face of the growth stock movement on Wall Street.</span></p><p><blockquote><p class=\"t-img-caption\"><span>方舟投资管理公司首席执行官凯西·伍德(Cathie Wood)已成为华尔街成长股运动的代言人。</span></p></blockquote></p><p> But this year hasn't been nearly as kind to Wood as the last. The Innovation ETF was down 2.5% through late August, despite a red-hot market for tech with the Nasdaq up more than 18% so far in 2021.</p><p><blockquote>但是今年对伍德来说并不像去年那么好。尽管科技市场炙手可热，2021年迄今为止纳斯达克上涨了18%以上，但截至8月底，创新ETF仍下跌了2.5%。</blockquote></p><p> Wood wasn't available to comment for this story, but she doubled down in&nbsp;an interview with CNBC&nbsp;in August. She's not worried that the Ark strategy of looking for new tech leaders will end badly, and she maintains that this current rally will not be a repeat of the epic 2000 dot-com implosion.</p><p><blockquote>伍德无法对此事发表评论，但她在8月份接受CNBC采访时加倍了评论。她并不担心寻找新科技领导者的方舟战略会以糟糕的结局告终，她坚持认为当前的反弹不会重演2000年史诗般的互联网内爆。</blockquote></p><p> \"I don't think we're in a bubble, which is what I think many bears think we are,\" Wood told CNBC. \"We have nothing like that right now. In fact, you see a lot of IPOs or SPACs coming out and falling to Earth. We couldn't be further away from a bubble.\"</p><p><blockquote>伍德对CNBC表示：“我不认为我们处于泡沫之中，我认为许多空头认为我们处于泡沫之中。”“我们现在没有这样的东西。事实上，你会看到很多IPO或SPAC上市，然后落地。我们离泡沫已经不远了。”</blockquote></p><p> <b>How Wood developed her strategy</b></p><p><blockquote><b>伍德如何制定她的战略</b></blockquote></p><p> Wood speaks from experience. She's no millennial or Gen Z investor for whom the 2000 tech implosion is merely a war story told by older traders. The 65-year-old Wood lived through the last major tech crash, as well as the infamous Black Monday of 1987.</p><p><blockquote>伍德凭经验说话。她不是千禧一代或Z世代投资者，对他们来说，2000年的科技内爆只是年长交易者讲述的战争故事。65岁的伍德经历了上一次重大科技崩盘，以及1987年臭名昭著的黑色星期一。</blockquote></p><p> She worked for Prudential-owned money manager Jennison Associates for 18 years in the 1980s and 1990s and then spent a dozen years at AllianceBernstein before leaving in 2013.</p><p><blockquote>20世纪80年代和90年代，她在保诚旗下的基金管理公司Jennison Associates工作了18年，然后在联博工作了十几年，然后于2013年离职。</blockquote></p><p> But then, AllianceBernstein passed on her idea to launch a suite of actively managed exchange-traded funds. So she struck out on her own and started Ark in 2014.</p><p><blockquote>但随后，联博传递了她的想法，推出了一套主动管理型交易所交易基金。因此，她独自一人，在2014年创办了Ark。</blockquote></p><p> \"I have been watching disruptive innovation for my entire career — why don't I help my own sector along?\" she&nbsp;told Forbes&nbsp;in a 2014 interview.</p><p><blockquote>“在我的整个职业生涯中，我一直在关注颠覆性创新——为什么我不帮助自己的行业呢？”她在2014年的一次采访中告诉《福布斯》。</blockquote></p><p> That focus on disruption means Wood ties her ETF's fortunes to visionary but mercurial leaders.</p><p><blockquote>这种对颠覆性的关注意味着伍德将她的ETF的命运与富有远见但善变的领导者联系在一起。</blockquote></p><p> In the most prominent example, Wood remains an unabashed fan of&nbsp;Tesla(TSLA)&nbsp;and CEO Elon Musk. The EV maker is the top stock, by far, in Ark's Innovation ETF, accounting for more than 10% of the fund's holdings. It's also the biggest position in Ark's&nbsp;Autonomous Technology &amp; Robotics(ARKQ)&nbsp;and&nbsp;Next Generation Internet(ARKW)&nbsp;ETFs.</p><p><blockquote>最突出的例子是，伍德仍然是特斯拉(TSLA)和首席执行官Elon Musk的毫不掩饰的粉丝。迄今为止，这家电动汽车制造商是Ark创新ETF中排名第一的股票，占该基金持股的10%以上。它也是Ark自主技术与机器人(ARKQ)和下一代互联网(ARKW)ETF中最大的头寸。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/425dc1ea59eb1c068eaba7a392e6c04d\" tg-width=\"1100\" tg-height=\"619\" width=\"100%\" height=\"auto\"><span>Wood is a vocal fan of Tesla, which is a top holding in several of Ark's funds.</span></p><p><blockquote><p class=\"t-img-caption\"><span>伍德是特斯拉的忠实粉丝，该公司是Ark旗下多只基金的重仓股。</span></p></blockquote></p><p> Wood is also OK with companies like Tesla issuing more stock to raise money to fund futuristic projects like autonomous vehicles. Some investors are wary of that strategy because the new shares lower the value of existing investors' holdings, but she thinks that's a short-sighted argument, particularly from Tesla bears.</p><p><blockquote>伍德也同意特斯拉等公司发行更多股票来筹集资金，为自动驾驶汽车等未来项目提供资金。一些投资者对这一策略持谨慎态度，因为新股会降低现有投资者持股的价值，但她认为这是一种短视的观点，尤其是来自特斯拉空头的观点。</blockquote></p><p> \"We're not afraid of dilution ... if we think they're doing it for the right reason,\" she told CNBC. \"We wanted them to scale as quickly as possible because we think if we're right on autonomous ...Tesla could get the lion's share of that market, certainly in the United States.\"</p><p><blockquote>“我们不怕稀释……如果我们认为他们这样做是出于正确的原因，”她告诉CNBC。“我们希望他们尽快扩大规模，因为我们认为如果我们在自动驾驶方面是正确的……特斯拉可以获得该市场的最大份额，当然是在美国。”</blockquote></p><p> Ark's big investment in Tesla is a bet on Musk continuing to innovate beyond the business of electric cars, Wood explained in an&nbsp;interview with Bloomberg Radio&nbsp;in August. She raved about Tesla's plans to&nbsp;build a humanoid robot, for example.</p><p><blockquote>伍德在8月份接受彭博电台采访时解释说，方舟对特斯拉的巨额投资是押注马斯克在电动汽车业务之外继续创新。例如，她对特斯拉制造人形机器人的计划赞不绝口。</blockquote></p><p> \"Every passing day, especially the more we learn about their AI expertise and how they're really driving the space ... we believe they have the pole position,\" she said, noting that Ark analysts were \"blown away\" by Musk's presentation.</p><p><blockquote>“日复一日，尤其是我们对他们的人工智能专业知识以及他们如何真正推动该领域的了解越多……我们相信他们拥有领先地位，”她说，并指出方舟分析师被马斯克的演讲“震惊”了。</blockquote></p><p> <b>Growth at all costs</b></p><p><blockquote><b>不惜一切代价实现增长</b></blockquote></p><p> Wood recognizes her growth-at-all-costs way of investing is not for everyone.</p><p><blockquote>伍德认识到，她不惜一切代价实现增长的投资方式并不适合所有人。</blockquote></p><p> Tesla has lagged the broader market this year. Shares of&nbsp;Teladoc(TDOC), a telehealth company that is the second-largest holding in the Ark Innovation ETF and was a big winner at the start of the pandemic, are down more than 25% in 2021.</p><p><blockquote>特斯拉今年表现落后于大盘。Teladoc(TDOC)是一家远程医疗公司，是Ark Innovation ETF的第二大持股，也是疫情爆发之初的大赢家，其股价在2021年下跌了25%以上。</blockquote></p><p> \"We've seen higher-valuation stocks hit hard this year. But the growth for these innovative companies will still be treated well over time,\" Wood said&nbsp;during a webcast&nbsp;hosted by Cboe Global Markets in March.</p><p><blockquote>“我们看到估值较高的股票今年遭受重创。但随着时间的推移，这些创新型公司的增长仍将受到良好对待，”伍德在3月份由芝加哥期权交易所全球市场主办的网络直播中表示。</blockquote></p><p></p><p> Wood added that she thinks investors also should put a small percentage of their money in bitcoin, another risky bet. And she stressed that investors have to overlook the inevitable short-term bumps that come with any asset. It's essential to maintain longer-term convictions and invest for future growth, Wood believes.</p><p><blockquote>伍德补充说，她认为投资者还应该将一小部分资金投入比特币，这是另一个高风险的赌注。她强调，投资者必须忽视任何资产不可避免的短期波动。伍德认为，保持长期信念并为未来增长进行投资至关重要。</blockquote></p><p> \"A lot of companies catering to short-term investors who wanted profits now [have] invested more in stock buybacks and dividends over innovation,\" she said. \"That puts them in harm's way.\"</p><p><blockquote>“许多迎合想要利润的短期投资者的公司现在在股票回购和股息上的投资超过了创新，”她说。“这让他们处于危险之中。”</blockquote></p><p> A colleague describes Wood's go-big-or-go-home approach as a model for the new way of investing. Too many fund managers are afraid to look far into the future when judging a company's merits, instead focusing myopically on the prior and next quarterly earnings reports.</p><p><blockquote>一位同事将伍德的“要么做大，要么回家”方法描述为新投资方式的典范。太多的基金经理在判断一家公司的优点时不敢展望未来，而是短视地关注上一季度和下一季度的收益报告。</blockquote></p><p> \"Cathie has been focusing on Tesla for a long time. She looks at it not just as an automobile manufacturer. You can't compare it to traditional car companies,\"&nbsp;Ark Invest's Ren Leggi, who works closely with Wood on investment decisions as the company's client portfolio manager, told&nbsp;CNN Business in March.</p><p><blockquote>Ark Invest的Ren Leggi在3月份告诉CNN Business：“Cathie长期以来一直关注特斯拉。她不仅仅将其视为一家汽车制造商。你不能将其与传统汽车公司相提并论。”他作为该公司的客户投资组合经理，在投资决策上与伍德密切合作。</blockquote></p><p> <b>Wood's critics</b></p><p><blockquote><b>伍德的批评者</b></blockquote></p><p> But a growing chorus of skeptics think Wood's funds could eventually collapse. Michael Burry, one of the super-bearish investors made famous in \"The Big Short,\" recently established a short position on the Ark Innovation ETF — essentially betting that it will fall sharply.</p><p><blockquote>但越来越多的怀疑者认为伍德的基金最终可能会崩溃。迈克尔·伯里(Michael Burry)是因《大空头》而闻名的超级看跌投资者之一，他最近在Ark Innovation ETF上建立了空头头寸——本质上是押注该基金将大幅下跌。</blockquote></p><p> Some tech stock veterans also wonder if Wood is just an investing flavor of the month, comparing her to once-popular portfolio managers like Kevin Landis of Firsthand Funds, Alberto Vilar of Amerindo and Garrett Van Wagoner, who ran a popular emerging-growth fund in the late 1990s.</p><p><blockquote>一些科技股资深人士还想知道伍德是否只是本月的投资风云人物，将她与Firsthand Funds的凯文·兰迪斯(Kevin Landis)、Amerindo的阿尔贝托·维拉尔(Alberto Vilar)和在20世纪90年代末运营着一只受欢迎的新兴增长基金的加勒特·范·瓦格纳(Garrett Van Wagoner)等曾经受欢迎的投资组合经理进行了比较。</blockquote></p><p> Many of those tech funds imploded following the 2000 bubble. The<i>Wall Street Journal</i>wrote a catch-up piece about Van Wagoner and other late 1990s tech gurus in 2010&nbsp;with the headline \"From Fame, Fortune to Flamed-Out Stars. Post-Bust Fates of Tech-Fund Mavens.\"</p><p><blockquote>许多科技基金在2000年泡沫之后崩溃了。The<i>华尔街日报</i>2010年，他写了一篇关于范·瓦格纳和其他20世纪90年代末科技大师的后续文章，标题是“从名声、财富到燃烧的明星。科技基金专家的破产后命运。”</blockquote></p><p> Is Wood destined for similar ignominy?</p><p><blockquote>伍德注定会遭受类似的耻辱吗？</blockquote></p><p> Rivals take issue with Wood making such big bets on only a handful of stocks. The Ark Innovation ETF, for example, has nearly half its assets concentrated in its top 10 holdings. Beyond Tesla, that fund also owns sizable stakes in&nbsp;Roku(ROKU),Coinbase,Zoom(ZM)&nbsp;and&nbsp;Square(SQ).</p><p><blockquote>竞争对手对伍德只在少数股票上下如此大的赌注提出异议。例如，Ark Innovation ETF近一半的资产集中在其前10名持股中。除了特斯拉之外，该基金还拥有Roku（Roku）、Coinbase、Zoom（ZM）和Square（SQ）的大量股份。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/c02cbbe0138a0aaa5b930521275ad26e\" tg-width=\"1100\" tg-height=\"619\" width=\"100%\" height=\"auto\"><span>Roku is another example of a high-risk/high-reward stock that Wood loves.</span></p><p><blockquote><p class=\"t-img-caption\"><span>Roku是伍德喜欢的高风险/高回报股票的另一个例子。</span></p></blockquote></p><p> \"Our investment approach is similar to Ark in that we are focusing on tech. But we're different in that we avoid concentration,\"Jeremie Capron, head of research at ROBO Global, told CNN Business in March.</p><p><blockquote>ROBO Global研究主管Jeremie Capron 3月份对CNN Business表示：“我们的投资方式与Ark类似，因为我们专注于科技。但我们的不同之处在于我们避免集中。”</blockquote></p><p> The top 10 holdings in theROBO Global Robotics and Automation Index(ROBO)ETF&nbsp;account for less than 20% of the fund's total assets, and the fund owns about 80 stocks. Ark funds typically own shares in only about 30 to 50 companies.</p><p><blockquote>theROBO全球机器人与自动化指数（ROBO）ETF的前10大持股占该基金总资产的比例不到20%，该基金拥有约80只股票。方舟基金通常只拥有大约30到50家公司的股票。</blockquote></p><p> For the time being, Wood is having the last laugh.</p><p><blockquote>目前，伍德笑到了最后。</blockquote></p><p> Yes, her fund's returns may be volatile year-to-year — the Ark Innovation ETF fell nearly 25% in 2018 before rebounding 30% in 2019 — but it has tended to smooth out. The five-year average annualized return for the Ark Innovation ETF through mid-2021 was 48.6%, compared to 17.7% for the S&amp;P 500.</p><p><blockquote>是的，她的基金的回报可能逐年波动——Ark Innovation ETF在2018年下跌了近25%，然后在2019年反弹了30%——但它已经趋于平稳。截至2021年中期，Ark Innovation ETF的五年平均年化回报率为48.6%，而标普500为17.7%。</blockquote></p><p> As long as that long-term trend continues, Ark acolytes may forgive a down year every now and then as Wood continues to swing for the fences.</p><p><blockquote>只要这种长期趋势持续下去，方舟的追随者可能会时不时地原谅低迷的一年，因为伍德继续摇摆。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://edition.cnn.com/2021/09/07/investing/cathie-wood-risk-takers/index.html\">CNN Business</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":{"ARKG":"ARK Genomic Revolution ETF","ARKF":"ARK Fintech Innovation ETF","ARKW":"ARK Next Generation Internet ETF","TSLA":"特斯拉","ARKK":"ARK Innovation ETF"},"source_url":"https://edition.cnn.com/2021/09/07/investing/cathie-wood-risk-takers/index.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1180788041","content_text":"New York (CNN Business) - At a time when many investors are content to follow the crowd and buy top techs like Apple, Amazon and Microsoft, Cathie Wood is looking for the next big innovators in buzzy fields like robotics, fintech and space exploration.\nIt's a high-flying, high-risk, high-reward tier of investing. And it's put Wood's fans on a white-knuckle ride in 2021.\nLast year, Wood's strategy paid huge dividends for investors in her flagship Ark Innovation(ARKK) exchange-traded fund. It surged nearly 150% in 2020 and helped turn her into a Wall Street superstar — sort of the Warren Buffett of momentum investing.\nCathie Wood, CEO of Ark Investment Management, has become the face of the growth stock movement on Wall Street.\nBut this year hasn't been nearly as kind to Wood as the last. The Innovation ETF was down 2.5% through late August, despite a red-hot market for tech with the Nasdaq up more than 18% so far in 2021.\nWood wasn't available to comment for this story, but she doubled down in an interview with CNBC in August. She's not worried that the Ark strategy of looking for new tech leaders will end badly, and she maintains that this current rally will not be a repeat of the epic 2000 dot-com implosion.\n\"I don't think we're in a bubble, which is what I think many bears think we are,\" Wood told CNBC. \"We have nothing like that right now. In fact, you see a lot of IPOs or SPACs coming out and falling to Earth. We couldn't be further away from a bubble.\"\nHow Wood developed her strategy\nWood speaks from experience. She's no millennial or Gen Z investor for whom the 2000 tech implosion is merely a war story told by older traders. The 65-year-old Wood lived through the last major tech crash, as well as the infamous Black Monday of 1987.\nShe worked for Prudential-owned money manager Jennison Associates for 18 years in the 1980s and 1990s and then spent a dozen years at AllianceBernstein before leaving in 2013.\nBut then, AllianceBernstein passed on her idea to launch a suite of actively managed exchange-traded funds. So she struck out on her own and started Ark in 2014.\n\"I have been watching disruptive innovation for my entire career — why don't I help my own sector along?\" she told Forbes in a 2014 interview.\nThat focus on disruption means Wood ties her ETF's fortunes to visionary but mercurial leaders.\nIn the most prominent example, Wood remains an unabashed fan of Tesla(TSLA) and CEO Elon Musk. The EV maker is the top stock, by far, in Ark's Innovation ETF, accounting for more than 10% of the fund's holdings. It's also the biggest position in Ark's Autonomous Technology & Robotics(ARKQ) and Next Generation Internet(ARKW) ETFs.\nWood is a vocal fan of Tesla, which is a top holding in several of Ark's funds.\nWood is also OK with companies like Tesla issuing more stock to raise money to fund futuristic projects like autonomous vehicles. Some investors are wary of that strategy because the new shares lower the value of existing investors' holdings, but she thinks that's a short-sighted argument, particularly from Tesla bears.\n\"We're not afraid of dilution ... if we think they're doing it for the right reason,\" she told CNBC. \"We wanted them to scale as quickly as possible because we think if we're right on autonomous ...Tesla could get the lion's share of that market, certainly in the United States.\"\nArk's big investment in Tesla is a bet on Musk continuing to innovate beyond the business of electric cars, Wood explained in an interview with Bloomberg Radio in August. She raved about Tesla's plans to build a humanoid robot, for example.\n\"Every passing day, especially the more we learn about their AI expertise and how they're really driving the space ... we believe they have the pole position,\" she said, noting that Ark analysts were \"blown away\" by Musk's presentation.\nGrowth at all costs\nWood recognizes her growth-at-all-costs way of investing is not for everyone.\nTesla has lagged the broader market this year. Shares of Teladoc(TDOC), a telehealth company that is the second-largest holding in the Ark Innovation ETF and was a big winner at the start of the pandemic, are down more than 25% in 2021.\n\"We've seen higher-valuation stocks hit hard this year. But the growth for these innovative companies will still be treated well over time,\" Wood said during a webcast hosted by Cboe Global Markets in March.\nWood added that she thinks investors also should put a small percentage of their money in bitcoin, another risky bet. And she stressed that investors have to overlook the inevitable short-term bumps that come with any asset. It's essential to maintain longer-term convictions and invest for future growth, Wood believes.\n\"A lot of companies catering to short-term investors who wanted profits now [have] invested more in stock buybacks and dividends over innovation,\" she said. \"That puts them in harm's way.\"\nA colleague describes Wood's go-big-or-go-home approach as a model for the new way of investing. Too many fund managers are afraid to look far into the future when judging a company's merits, instead focusing myopically on the prior and next quarterly earnings reports.\n\"Cathie has been focusing on Tesla for a long time. She looks at it not just as an automobile manufacturer. You can't compare it to traditional car companies,\" Ark Invest's Ren Leggi, who works closely with Wood on investment decisions as the company's client portfolio manager, told CNN Business in March.\nWood's critics\nBut a growing chorus of skeptics think Wood's funds could eventually collapse. Michael Burry, one of the super-bearish investors made famous in \"The Big Short,\" recently established a short position on the Ark Innovation ETF — essentially betting that it will fall sharply.\nSome tech stock veterans also wonder if Wood is just an investing flavor of the month, comparing her to once-popular portfolio managers like Kevin Landis of Firsthand Funds, Alberto Vilar of Amerindo and Garrett Van Wagoner, who ran a popular emerging-growth fund in the late 1990s.\nMany of those tech funds imploded following the 2000 bubble. TheWall Street Journalwrote a catch-up piece about Van Wagoner and other late 1990s tech gurus in 2010 with the headline \"From Fame, Fortune to Flamed-Out Stars. Post-Bust Fates of Tech-Fund Mavens.\"\nIs Wood destined for similar ignominy?\nRivals take issue with Wood making such big bets on only a handful of stocks. The Ark Innovation ETF, for example, has nearly half its assets concentrated in its top 10 holdings. Beyond Tesla, that fund also owns sizable stakes in Roku(ROKU),Coinbase,Zoom(ZM) and Square(SQ).\nRoku is another example of a high-risk/high-reward stock that Wood loves.\n\"Our investment approach is similar to Ark in that we are focusing on tech. But we're different in that we avoid concentration,\"Jeremie Capron, head of research at ROBO Global, told CNN Business in March.\nThe top 10 holdings in theROBO Global Robotics and Automation Index(ROBO)ETF account for less than 20% of the fund's total assets, and the fund owns about 80 stocks. Ark funds typically own shares in only about 30 to 50 companies.\nFor the time being, Wood is having the last laugh.\nYes, her fund's returns may be volatile year-to-year — the Ark Innovation ETF fell nearly 25% in 2018 before rebounding 30% in 2019 — but it has tended to smooth out. The five-year average annualized return for the Ark Innovation ETF through mid-2021 was 48.6%, compared to 17.7% for the S&P 500.\nAs long as that long-term trend continues, Ark acolytes may forgive a down year every now and then as Wood continues to swing for the fences.","news_type":1,"symbols_score_info":{"ARKK":0.9,"ARKW":0.9,"TSLA":0.9,"ARKG":0.9,"ARKF":0.9}},"isVote":1,"tweetType":1,"viewCount":380,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":122975274,"gmtCreate":1624595475598,"gmtModify":1633950737352,"author":{"id":"3566343570881532","authorId":"3566343570881532","name":"RobinTan","avatar":"https://static.tigerbbs.com/792519631b5f40b2f2c9ae8def0e8711","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3566343570881532","idStr":"3566343570881532"},"themes":[],"htmlText":"Why not get both?&nbsp;","listText":"Why not get both?&nbsp;","text":"Why not get both?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/122975274","repostId":"1161267930","repostType":4,"isVote":1,"tweetType":1,"viewCount":520,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":886219232,"gmtCreate":1631593580726,"gmtModify":1631883822663,"author":{"id":"3566343570881532","authorId":"3566343570881532","name":"RobinTan","avatar":"https://static.tigerbbs.com/792519631b5f40b2f2c9ae8def0e8711","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3566343570881532","idStr":"3566343570881532"},"themes":[],"htmlText":"Apple must fight on with epic games!","listText":"Apple must fight on with epic games!","text":"Apple must fight on with epic games!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/886219232","repostId":"1129341543","repostType":4,"repost":{"id":"1129341543","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1631534652,"share":"https://www.laohu8.com/m/news/1129341543?lang=zh_CN&edition=full","pubTime":"2021-09-13 20:04","market":"us","language":"en","title":"Toplines Before US Market Open on Monday<blockquote>周一美国市场开盘前的顶线</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1129341543","media":"Tiger Newspress","summary":"U.S. stock index futures rose on Monday after the S&P 500 logged its worst week in more than two mon","content":"<p>U.S. stock index futures rose on Monday after the S&amp;P 500 logged its worst week in more than two months, with investors keeping a close eye on inflation as well as monetary and tax policies.</p><p><blockquote>美国股指期货周一上涨，此前标普500录得两个多月来最糟糕的一周，投资者密切关注通胀以及货币和税收政策。</blockquote></p><p> S&amp;P 500 E-minis were up 23.25 points, or 0.52% at 08:00 am ET. Dow E-minis were up 183 points, or 0.53%, while Nasdaq 100 E-minis were up 75 points, or 0.49%.</p><p><blockquote>截至美国东部时间上午08:00，标普500 e-mini上涨23.25点，即0.52%。道琼斯电子迷你指数上涨183点，涨幅0.53%，纳斯达克100电子迷你指数上涨75点，涨幅0.49%。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/2d51dd22d532e1b98f0ecae05c1f7a3e\" tg-width=\"1080\" tg-height=\"416\" width=\"100%\" height=\"auto\"></p><p><blockquote></blockquote></p><p> Apple Inc rose 0.9% in premarket trading after a mixed court ruling in Epic Games’ antitrust case against the iPhone maker knocked nearly $90 billion off its market value on Friday.</p><p><blockquote>周五，法院对Epic Games针对iPhone制造商的反垄断案做出了好坏参半的裁决，导致苹果公司市值缩水近900亿美元，该公司在盘前交易中上涨0.9%。</blockquote></p><p> <b>Stocks making the biggest moves in the premarket:</b></p><p><blockquote><b>盘前涨幅最大的股票：</b></blockquote></p><p> <b>Virgin Galactic(SPCE)</b> – Virgin Galactic is delaying its first commercial research space mission after a third-party supplier warned of a potential defect in a component of the flight control system. Virgin Galactic shares slid 3.3% in the premarket.</p><p><blockquote><b>维珍银河(SPCE)</b>-在第三方供应商警告飞行控制系统的一个组件存在潜在缺陷后，维珍银河推迟了其首次商业研究太空任务。维珍银河股价盘前下跌3.3%。</blockquote></p><p> <b>Dell Technologies(DELL) </b>– Dell added 1.9% in premarket action after Goldman Sachs added the computer maker’s stock to its “Conviction Buy” list. Goldman cited strong cash flow generation and debt paydown plans, among other factors.</p><p><blockquote><b>戴尔科技(DELL)</b>-高盛将戴尔的股票添加到其“坚定买入”名单后，戴尔在盘前股价上涨1.9%。高盛列举了强劲的现金流生成和债务偿还计划等因素。</blockquote></p><p> <b>TransUnion(TRU)</b> – TransUnion announced a deal to buy closely held information services company Neustar for $3.1 billion in cash. The credit reporting agency expects the deal to close during the fourth quarter.</p><p><blockquote><b>TransUnion(TRU)</b>–TransUnion宣布以31亿美元现金收购少数人持股的信息服务公司Neustar的交易。该信用报告机构预计该交易将在第四季度完成。</blockquote></p><p> <b>Viacom(VIAC) </b>– Viacom is planning a revamp of its Paramount Pictures unit, according to people familiar with the matter who spoke to The Wall Street Journal. The revamp, which would separate the TV and film operations, could be announced as soon as today. Viacom rose 1% in the premarket.</p><p><blockquote><b>维亚康姆(VIAC)</b>-据接受《华尔街日报》采访的知情人士透露，维亚康姆正计划对其派拉蒙影业部门进行重组。这项改革将把电视和电影业务分开，最早可能在今天宣布。维亚康姆盘前上涨1%。</blockquote></p><p> <b>Kansas City Southern(KSU)</b> – Kansas City Southern said&nbsp;the latest takeover bid&nbsp;from&nbsp;Canadian Pacific Railway(CP) is superior to the one it previously agreed to with&nbsp;Canadian National Railway(CNI). Canadian National now has five days to improve its offer, should it choose to do so. Canadian Pacific rallied 0.9% in premarket trading.</p><p><blockquote><b>堪萨斯城南部(KSU)</b>-堪萨斯城南方公司表示，加拿大太平洋铁路公司（CP）的最新收购要约优于此前与加拿大国家铁路公司（CNI）达成的收购要约。如果加拿大国民银行选择这样做，它现在有五天的时间来提高其报价。加拿大太平洋航空在盘前交易中上涨0.9%。</blockquote></p><p> <b>Walt Disney(DIS)</b> – Disney will show the remainder of its 2021 movie releases exclusively in theaters, rather than making them simultaneously available on its Disney+ streaming service. Disney’s “Shang-Chi and the Legend of the 10 Rings” topped the weekend box office once again following its record Labor Day weekend performance, with that movie showing exclusively in theaters.</p><p><blockquote><b>华特迪士尼(DIS)</b>-迪士尼将在影院独家放映2021年上映的剩余电影，而不是在其Disney+流媒体服务上同时播放。迪士尼的《尚气与十环传奇》继劳动节周末创纪录的表现后，再次荣登周末票房榜首，这部电影仅在影院上映。</blockquote></p><p> <b>Alibaba(BABA)</b> – Alibaba fell 1.7% in premarket action.</p><p><blockquote><b>阿里巴巴-SW（父亲）</b>-阿里巴巴-SW盘前下跌1.7%。</blockquote></p><p> <b>Apple(AAPL)</b> – Epic Games will appeal Friday’s ruling that Apple’s app store was not an illegal monopoly. Epic did win a partial victory in the case, with the judge ruling that Apple must allow developers to include external payment links.</p><p><blockquote><b>苹果(AAPL)</b>-Epic Games将对周五的裁决提出上诉，该裁决认为苹果的app store不是非法垄断。Epic在此案中确实取得了部分胜利，法官裁定苹果必须允许开发者包含外部支付链接。</blockquote></p><p> <b>Carlyle Group(CG)</b> – Carlyle is considering a $6 billion sale or initial public offering for packaging company Novolex, according to a Bloomberg report. The private-equity firm bought Novolex for an undisclosed amount in November 2016.</p><p><blockquote><b>凯雷集团(CG)</b>-据彭博社报道，凯雷正在考虑以60亿美元的价格出售或首次公开募股包装公司Novolex。这家私募股权公司于2016年11月收购了Novolex，收购金额未公开。</blockquote></p><p> <b>MGM Resorts(MGM)</b> – MGM rose 1.5% in the premarket after Bernstein upgraded the resort operator’s stock to “outperform” from “market perform,” citing its strong presence in the gaming and sports betting industry as well as moves to divest the company’s real estate portfolio.</p><p><blockquote><b>美高梅度假村(MGM)</b>-米高梅在盘前上涨1.5%，此前伯恩斯坦将这家度假村运营商的股票从“大盘表现”上调至“跑赢大盘”，理由是该公司在博彩和体育博彩行业的强大影响力以及剥离该公司房地产投资组合的举措。</blockquote></p><p> <b>Pfizer(PFE) </b>– Pfizer’s Covid-19 vaccine – developed in conjunction with German partner&nbsp;BioNTech(BNTX) – could be authorized for use in children aged 5-11 as soon as next month, according to two sources familiar with the situation who spoke to Reuters. Pfizer is expected to have enough study data by then to submit an application for emergency use authorization to the Food and Drug Administration. BioNTech added 1.1% in premarket trading.</p><p><blockquote><b>辉瑞(PFE)</b>-据两位知情人士向路透社透露，辉瑞与德国合作伙伴BioNTech(BNTX)联合开发的Covid-19疫苗最早可能于下个月被授权用于5-11岁的儿童。辉瑞预计届时将有足够的研究数据向食品药品监督管理局提交紧急使用授权申请。BioNTech在盘前交易中上涨1.1%。</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>Toplines Before US Market Open on Monday<blockquote>周一美国市场开盘前的顶线</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\">\nToplines Before US Market Open on Monday<blockquote>周一美国市场开盘前的顶线</blockquote>\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time smaller\">2021-09-13 20:04</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>U.S. stock index futures rose on Monday after the S&amp;P 500 logged its worst week in more than two months, with investors keeping a close eye on inflation as well as monetary and tax policies.</p><p><blockquote>美国股指期货周一上涨，此前标普500录得两个多月来最糟糕的一周，投资者密切关注通胀以及货币和税收政策。</blockquote></p><p> S&amp;P 500 E-minis were up 23.25 points, or 0.52% at 08:00 am ET. Dow E-minis were up 183 points, or 0.53%, while Nasdaq 100 E-minis were up 75 points, or 0.49%.</p><p><blockquote>截至美国东部时间上午08:00，标普500 e-mini上涨23.25点，即0.52%。道琼斯电子迷你指数上涨183点，涨幅0.53%，纳斯达克100电子迷你指数上涨75点，涨幅0.49%。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/2d51dd22d532e1b98f0ecae05c1f7a3e\" tg-width=\"1080\" tg-height=\"416\" width=\"100%\" height=\"auto\"></p><p><blockquote></blockquote></p><p> Apple Inc rose 0.9% in premarket trading after a mixed court ruling in Epic Games’ antitrust case against the iPhone maker knocked nearly $90 billion off its market value on Friday.</p><p><blockquote>周五，法院对Epic Games针对iPhone制造商的反垄断案做出了好坏参半的裁决，导致苹果公司市值缩水近900亿美元，该公司在盘前交易中上涨0.9%。</blockquote></p><p> <b>Stocks making the biggest moves in the premarket:</b></p><p><blockquote><b>盘前涨幅最大的股票：</b></blockquote></p><p> <b>Virgin Galactic(SPCE)</b> – Virgin Galactic is delaying its first commercial research space mission after a third-party supplier warned of a potential defect in a component of the flight control system. Virgin Galactic shares slid 3.3% in the premarket.</p><p><blockquote><b>维珍银河(SPCE)</b>-在第三方供应商警告飞行控制系统的一个组件存在潜在缺陷后，维珍银河推迟了其首次商业研究太空任务。维珍银河股价盘前下跌3.3%。</blockquote></p><p> <b>Dell Technologies(DELL) </b>– Dell added 1.9% in premarket action after Goldman Sachs added the computer maker’s stock to its “Conviction Buy” list. Goldman cited strong cash flow generation and debt paydown plans, among other factors.</p><p><blockquote><b>戴尔科技(DELL)</b>-高盛将戴尔的股票添加到其“坚定买入”名单后，戴尔在盘前股价上涨1.9%。高盛列举了强劲的现金流生成和债务偿还计划等因素。</blockquote></p><p> <b>TransUnion(TRU)</b> – TransUnion announced a deal to buy closely held information services company Neustar for $3.1 billion in cash. The credit reporting agency expects the deal to close during the fourth quarter.</p><p><blockquote><b>TransUnion(TRU)</b>–TransUnion宣布以31亿美元现金收购少数人持股的信息服务公司Neustar的交易。该信用报告机构预计该交易将在第四季度完成。</blockquote></p><p> <b>Viacom(VIAC) </b>– Viacom is planning a revamp of its Paramount Pictures unit, according to people familiar with the matter who spoke to The Wall Street Journal. The revamp, which would separate the TV and film operations, could be announced as soon as today. Viacom rose 1% in the premarket.</p><p><blockquote><b>维亚康姆(VIAC)</b>-据接受《华尔街日报》采访的知情人士透露，维亚康姆正计划对其派拉蒙影业部门进行重组。这项改革将把电视和电影业务分开，最早可能在今天宣布。维亚康姆盘前上涨1%。</blockquote></p><p> <b>Kansas City Southern(KSU)</b> – Kansas City Southern said&nbsp;the latest takeover bid&nbsp;from&nbsp;Canadian Pacific Railway(CP) is superior to the one it previously agreed to with&nbsp;Canadian National Railway(CNI). Canadian National now has five days to improve its offer, should it choose to do so. Canadian Pacific rallied 0.9% in premarket trading.</p><p><blockquote><b>堪萨斯城南部(KSU)</b>-堪萨斯城南方公司表示，加拿大太平洋铁路公司（CP）的最新收购要约优于此前与加拿大国家铁路公司（CNI）达成的收购要约。如果加拿大国民银行选择这样做，它现在有五天的时间来提高其报价。加拿大太平洋航空在盘前交易中上涨0.9%。</blockquote></p><p> <b>Walt Disney(DIS)</b> – Disney will show the remainder of its 2021 movie releases exclusively in theaters, rather than making them simultaneously available on its Disney+ streaming service. Disney’s “Shang-Chi and the Legend of the 10 Rings” topped the weekend box office once again following its record Labor Day weekend performance, with that movie showing exclusively in theaters.</p><p><blockquote><b>华特迪士尼(DIS)</b>-迪士尼将在影院独家放映2021年上映的剩余电影，而不是在其Disney+流媒体服务上同时播放。迪士尼的《尚气与十环传奇》继劳动节周末创纪录的表现后，再次荣登周末票房榜首，这部电影仅在影院上映。</blockquote></p><p> <b>Alibaba(BABA)</b> – Alibaba fell 1.7% in premarket action.</p><p><blockquote><b>阿里巴巴-SW（父亲）</b>-阿里巴巴-SW盘前下跌1.7%。</blockquote></p><p> <b>Apple(AAPL)</b> – Epic Games will appeal Friday’s ruling that Apple’s app store was not an illegal monopoly. Epic did win a partial victory in the case, with the judge ruling that Apple must allow developers to include external payment links.</p><p><blockquote><b>苹果(AAPL)</b>-Epic Games将对周五的裁决提出上诉，该裁决认为苹果的app store不是非法垄断。Epic在此案中确实取得了部分胜利，法官裁定苹果必须允许开发者包含外部支付链接。</blockquote></p><p> <b>Carlyle Group(CG)</b> – Carlyle is considering a $6 billion sale or initial public offering for packaging company Novolex, according to a Bloomberg report. The private-equity firm bought Novolex for an undisclosed amount in November 2016.</p><p><blockquote><b>凯雷集团(CG)</b>-据彭博社报道，凯雷正在考虑以60亿美元的价格出售或首次公开募股包装公司Novolex。这家私募股权公司于2016年11月收购了Novolex，收购金额未公开。</blockquote></p><p> <b>MGM Resorts(MGM)</b> – MGM rose 1.5% in the premarket after Bernstein upgraded the resort operator’s stock to “outperform” from “market perform,” citing its strong presence in the gaming and sports betting industry as well as moves to divest the company’s real estate portfolio.</p><p><blockquote><b>美高梅度假村(MGM)</b>-米高梅在盘前上涨1.5%，此前伯恩斯坦将这家度假村运营商的股票从“大盘表现”上调至“跑赢大盘”，理由是该公司在博彩和体育博彩行业的强大影响力以及剥离该公司房地产投资组合的举措。</blockquote></p><p> <b>Pfizer(PFE) </b>– Pfizer’s Covid-19 vaccine – developed in conjunction with German partner&nbsp;BioNTech(BNTX) – could be authorized for use in children aged 5-11 as soon as next month, according to two sources familiar with the situation who spoke to Reuters. Pfizer is expected to have enough study data by then to submit an application for emergency use authorization to the Food and Drug Administration. BioNTech added 1.1% in premarket trading.</p><p><blockquote><b>辉瑞(PFE)</b>-据两位知情人士向路透社透露，辉瑞与德国合作伙伴BioNTech(BNTX)联合开发的Covid-19疫苗最早可能于下个月被授权用于5-11岁的儿童。辉瑞预计届时将有足够的研究数据向食品药品监督管理局提交紧急使用授权申请。BioNTech在盘前交易中上涨1.1%。</blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BABA":"阿里巴巴","SPCE":"维珍银河","MGM":"美高梅","AAPL":"苹果","KSU":"堪萨斯南方铁路","DELL":"戴尔",".DJI":"道琼斯",".SPX":"S&P 500 Index","DIS":"迪士尼","TRU":"TransUnion","BNTX":"BioNTech SE",".IXIC":"NASDAQ Composite","PFE":"辉瑞","CG":"凯雷"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1129341543","content_text":"U.S. stock index futures rose on Monday after the S&P 500 logged its worst week in more than two months, with investors keeping a close eye on inflation as well as monetary and tax policies.\nS&P 500 E-minis were up 23.25 points, or 0.52% at 08:00 am ET. Dow E-minis were up 183 points, or 0.53%, while Nasdaq 100 E-minis were up 75 points, or 0.49%.\n\nApple Inc rose 0.9% in premarket trading after a mixed court ruling in Epic Games’ antitrust case against the iPhone maker knocked nearly $90 billion off its market value on Friday.\nStocks making the biggest moves in the premarket:\nVirgin Galactic(SPCE) – Virgin Galactic is delaying its first commercial research space mission after a third-party supplier warned of a potential defect in a component of the flight control system. Virgin Galactic shares slid 3.3% in the premarket.\nDell Technologies(DELL) – Dell added 1.9% in premarket action after Goldman Sachs added the computer maker’s stock to its “Conviction Buy” list. Goldman cited strong cash flow generation and debt paydown plans, among other factors.\nTransUnion(TRU) – TransUnion announced a deal to buy closely held information services company Neustar for $3.1 billion in cash. The credit reporting agency expects the deal to close during the fourth quarter.\nViacom(VIAC) – Viacom is planning a revamp of its Paramount Pictures unit, according to people familiar with the matter who spoke to The Wall Street Journal. The revamp, which would separate the TV and film operations, could be announced as soon as today. Viacom rose 1% in the premarket.\nKansas City Southern(KSU) – Kansas City Southern said the latest takeover bid from Canadian Pacific Railway(CP) is superior to the one it previously agreed to with Canadian National Railway(CNI). Canadian National now has five days to improve its offer, should it choose to do so. Canadian Pacific rallied 0.9% in premarket trading.\nWalt Disney(DIS) – Disney will show the remainder of its 2021 movie releases exclusively in theaters, rather than making them simultaneously available on its Disney+ streaming service. Disney’s “Shang-Chi and the Legend of the 10 Rings” topped the weekend box office once again following its record Labor Day weekend performance, with that movie showing exclusively in theaters.\nAlibaba(BABA) – Alibaba fell 1.7% in premarket action.\nApple(AAPL) – Epic Games will appeal Friday’s ruling that Apple’s app store was not an illegal monopoly. Epic did win a partial victory in the case, with the judge ruling that Apple must allow developers to include external payment links.\nCarlyle Group(CG) – Carlyle is considering a $6 billion sale or initial public offering for packaging company Novolex, according to a Bloomberg report. The private-equity firm bought Novolex for an undisclosed amount in November 2016.\nMGM Resorts(MGM) – MGM rose 1.5% in the premarket after Bernstein upgraded the resort operator’s stock to “outperform” from “market perform,” citing its strong presence in the gaming and sports betting industry as well as moves to divest the company’s real estate portfolio.\nPfizer(PFE) – Pfizer’s Covid-19 vaccine – developed in conjunction with German partner BioNTech(BNTX) – could be authorized for use in children aged 5-11 as soon as next month, according to two sources familiar with the situation who spoke to Reuters. Pfizer is expected to have enough study data by then to submit an application for emergency use authorization to the Food and Drug Administration. BioNTech added 1.1% in premarket trading.","news_type":1,"symbols_score_info":{"SPCE":0.9,"DELL":0.9,"BABA":0.9,"CG":0.9,"PFE":0.9,"TRU":0.9,".SPX":0.9,"YMmain":0.9,"BNTX":0.9,"AAPL":0.9,".DJI":0.9,"ESmain":0.9,"KSU":0.9,"VIAC":0.9,"MGM":0.9,".IXIC":0.9,"DIS":0.9,"NQmain":0.9}},"isVote":1,"tweetType":1,"viewCount":346,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}