Chrnox的个人主页 - 老虎社区

Chrnox

Chrnox

暂无个人介绍

IP属地：未知

347关注

15粉丝

0主题

0勋章

2021-12-21

[What]

Yatra Online Clocks 109% Adjusted Revenue Growth In Q2<blockquote>Yatra Online 第二季度调整后收入增长 109%</blockquote>

2021-12-20

[Miser]

抱歉，原内容已删除

2021-12-19

[What]

抱歉，原内容已删除

2021-12-19

[Miser]

Wall Street ends down after mostly negative week<blockquote>华尔街在经历了大部分负面的一周后收盘下跌</blockquote>

2021-12-16

[Miser]

抱歉，原内容已删除

2021-12-15

😬

抱歉，原内容已删除

2021-12-13

[What]

Palantir Has Now Entered A New Dimension<blockquote>Palantir 现已进入一个新的维度</blockquote>

2021-12-13

[What]

US IPO Week Ahead: IoT solutions, wine, and satellites in a 3 IPO week<blockquote>美国 IPO 周即将到来：物联网解决方案、葡萄酒和卫星在 IPO 第三周</blockquote>

2021-12-11

[Cool]

抱歉，原内容已删除

2021-12-10

😎

抱歉，原内容已删除

2021-12-09

😵‍💫

抱歉，原内容已删除

2021-12-08

[Miser]

DocuSign stock climbed 5% in morning trading<blockquote>DocuSign 股价早盘上涨 5%</blockquote>

2021-12-07

😎

As EV Investors Take December Break, Dips in Lucid and Nio Have Appeal<blockquote>随着电动汽车投资者在 12 月休息，Lucid 和蔚来的下跌具有吸引力</blockquote>

2021-12-05

[What]

抱歉，原内容已删除

2021-12-03

🤦🏻‍♂️

Why Investors Need to Stay Far Away From Rivian (for Now)<blockquote>为什么投资者需要远离Rivian（目前）</blockquote>

2021-12-02

😅

Ride-hailing firm stocks jumped in morning trading<blockquote>打车公司股票在早盘交易中上涨</blockquote>

2021-12-01

😝

VIX Options Trader Reaps Win in 19 Hours as Stocks Resume Swoon<blockquote>随着股市恢复暴跌，VIX 期权交易员在 19 小时内获胜</blockquote>

2021-11-30

[What]

NerdWallet Initiated Buy With $40 Price Target at Bank of America<blockquote>NerdWallet 在美国银行发起买入，目标价为 40 美元</blockquote>

2021-11-29

[Cool]

抱歉，原内容已删除

2021-11-28

[Miser]

抱歉，原内容已删除

去老虎APP查看更多动态

{"i18n":{"language":"zh_CN"},"userPageInfo":{"id":"3568940418649845","uuid":"3568940418649845","gmtCreate":1605846395317,"gmtModify":1621564509334,"name":"Chrnox","pinyin":"chrnox","introduction":"","introductionEn":null,"signature":"","avatar":"https://static.tigerbbs.com/d8298e6f2695e61a0ffe90273947e675","hat":null,"hatId":null,"hatName":null,"vip":1,"status":2,"fanSize":15,"headSize":347,"tweetSize":121,"questionSize":0,"limitLevel":999,"accountStatus":4,"level":{"id":2,"name":"无畏虎","nameTw":"無畏虎","represent":"初生牛犊","factor":"发布3条非转发主帖,1条获得他人回复或点赞","iconColor":"3C9E83","bgColor":"A2F1D9"},"themeCounts":0,"badgeCounts":0,"badges":[],"moderator":false,"superModerator":false,"manageSymbols":null,"badgeLevel":null,"boolIsFan":false,"boolIsHead":false,"favoriteSize":0,"symbols":null,"coverImage":null,"realNameVerified":null,"userBadges":[{"badgeId":"e50ce593bb40487ebfb542ca54f6a561-4","templateUuid":"e50ce593bb40487ebfb542ca54f6a561","name":"明星虎友","description":"加入老虎社区2000天","bigImgUrl":"https://static.tigerbbs.com/dddf24b906c7011de2617d4fb3f76987","smallImgUrl":"https://static.tigerbbs.com/53d58ad32c97254c6f74db8b97e6ec49","grayImgUrl":"https://static.tigerbbs.com/6304700d92ad91c7a33e2e92ec32ecc1","redirectLinkEnabled":0,"redirectLinkType":null,"redirectLink":null,"redirectLinkValidityFrom":null,"redirectLinkValidityTo":null,"hasAllocated":1,"isWearing":0,"stamp":null,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2026.05.14","exceedPercentage":null,"individualDisplayEnabled":0,"backgroundColor":null,"fontColor":null,"individualDisplaySort":0,"categoryType":1001,"isScarce":0,"effectConfig":null,"effectEnabled":0,"plateImgUrl":null,"plateColors":null,"validityTo":null,"validityToTimestamp":null,"wearingSort":0},{"badgeId":"976c19eed35f4cd78f17501c2e99ef37-1","templateUuid":"976c19eed35f4cd78f17501c2e99ef37","name":"博闻投资者","description":"累计交易超过10只正股","bigImgUrl":"https://static.tigerbbs.com/e74cc24115c4fbae6154ec1b1041bf47","smallImgUrl":"https://static.tigerbbs.com/d48265cbfd97c57f9048db29f22227b0","grayImgUrl":"https://static.tigerbbs.com/76c6d6898b073c77e1c537ebe9ac1c57","redirectLinkEnabled":0,"redirectLinkType":null,"redirectLink":null,"redirectLinkValidityFrom":null,"redirectLinkValidityTo":null,"hasAllocated":1,"isWearing":0,"stamp":null,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2021.12.28","exceedPercentage":null,"individualDisplayEnabled":0,"backgroundColor":null,"fontColor":null,"individualDisplaySort":0,"categoryType":1102,"isScarce":0,"effectConfig":null,"effectEnabled":0,"plateImgUrl":null,"plateColors":null,"validityTo":null,"validityToTimestamp":null,"wearingSort":0},{"badgeId":"518b5610c3e8410da5cfad115e4b0f5a-1","templateUuid":"518b5610c3e8410da5cfad115e4b0f5a","name":"实盘交易者","description":"完成一笔实盘交易","bigImgUrl":"https://static.tigerbbs.com/2e08a1cc2087a1de93402c2c290fa65b","smallImgUrl":"https://static.tigerbbs.com/4504a6397ce1137932d56e5f4ce27166","grayImgUrl":"https://static.tigerbbs.com/4b22c79415b4cd6e3d8ebc4a0fa32604","redirectLinkEnabled":0,"redirectLinkType":null,"redirectLink":null,"redirectLinkValidityFrom":null,"redirectLinkValidityTo":null,"hasAllocated":1,"isWearing":0,"stamp":null,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2021.12.21","exceedPercentage":null,"individualDisplayEnabled":0,"backgroundColor":null,"fontColor":null,"individualDisplaySort":0,"categoryType":1100,"isScarce":0,"effectConfig":null,"effectEnabled":0,"plateImgUrl":null,"plateColors":null,"validityTo":null,"validityToTimestamp":null,"wearingSort":0}],"userBadgeCount":3,"currentWearingBadge":null,"individualDisplayBadges":null,"crmLevel":11,"crmLevelSwitch":0,"location":"未知","starInvestorFollowerNum":0,"starInvestorFlag":false,"starInvestorOrderShareNum":0,"subscribeStarInvestorNum":0,"ror":null,"winRationPercentage":null,"showRor":false,"investmentPhilosophy":null,"starInvestorSubscribeFlag":false},"baikeInfo":{},"tab":"post","tweets":[{"id":691097194,"gmtCreate":1640095755327,"gmtModify":1640095755512,"author":{"id":"3568940418649845","authorId":"3568940418649845","name":"Chrnox","avatar":"https://static.tigerbbs.com/d8298e6f2695e61a0ffe90273947e675","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3568940418649845","authorIdStr":"3568940418649845"},"themes":[],"title":"","htmlText":"[What]&nbsp;","listText":"[What]&nbsp;","text":"[What]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":11,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/691097194","repostId":"2193152065","repostType":4,"repost":{"id":"2193152065","kind":"highlight","weMediaInfo":{"introduction":"Stock Market Quotes, Business News, Financial News, Trading Ideas, and Stock Research by Professionals","home_visible":0,"media_name":"Benzinga Earnings","id":"1052270027","head_image":"https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa"},"pubTimestamp":1640094891,"share":"https://www.laohunote.com/m/news/2193152065?lang=zh_CN&edition=full","pubTime":"2021-12-21 21:54","market":"us","language":"en","title":"Yatra Online Clocks 109% Adjusted Revenue Growth In Q2<blockquote>Yatra Online 第二季度调整后收入增长 109%</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=2193152065","media":"Benzinga Earnings","summary":"\n","content":"<p><ul>  <li><b>Yatra Online Inc</b>&nbsp;(NASDAQ:YTRA)&nbsp;reported second-quarter FY22 adjusted revenue growth&nbsp;of 108.8% year-on-year, to $10.64 million, missing the analyst consensus of $10.68 million.</li>  <li>Adjusted revenue<b>&nbsp;</b>from Air ticketing rose 100.9% Y/Y, and Hotels &amp; Packages climbed 259.0%.</li>  <li>Total gross bookings amounted to $114.1 million, a 348.2% growth Y/Y.</li>  <li>The operating loss for the quarter was $(1.9) million versus $(3.9) million a year earlier. The adjusted EBITDA fell 40% Q/Q to $0.3 million.</li>  <li>The company held $25 million in cash and equivalents as of September 30, 2021.</li>  <li>Adjusted EPS loss of $(0.02) was in line with the consensus.</li>  <li>\"We are also beginning to see signs of recovery in corporate travel, as a large number of employees get fully vaccinated,\" said CEO Dhruv Shringi.</li>  <li>During November 2021, gross booking for corporates grew 81.4% compared to September 2021.</li>  <li><b>Price Action:</b>&nbsp;YTRA shares are trading higher by 6.74% at $1.90 in premarket on the last check Tuesday.</li> </ul></p><p><blockquote><ul><li><b>亚特拉在线公司</b>（纳斯达克股票代码：YTRA）报告称，2022 财年第二季度调整后收入同比增长 108.8%，达到 1064 万美元，低于分析师预期的 1068 万美元。</li><li>调整后收入<b> </b>机票同比增长100.9%，酒店和套餐同比增长259.0%。</li><li>总预订量达1.141亿美元，同比增长348.2%。</li><li>本季度的运营亏损为（190）万美元，而去年同期为（390）万美元。调整后 EBITDA 环比下降 40% 至 30 万美元。</li><li>截至2021年9月30日，该公司持有2500万美元现金及等价物。</li><li>调整后每股收益亏损 (0.02) 美元符合市场共识。</li><li>首席执行官 Dhruv Shringi 表示：“随着大量员工全面接种疫苗，我们也开始看到商务旅行复苏的迹象。”</li><li>2021年11月，企业总预订量较2021年9月增长81.4%。</li><li><b>价格行为：</b>周二最后一次盘前检查时，YTRA 股价上涨 6.74%，至 1.90 美元。</li></ul></blockquote></p><p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Yatra Online Clocks 109% Adjusted Revenue Growth In Q2<blockquote>Yatra Online 第二季度调整后收入增长 109%</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\">\nYatra Online Clocks 109% Adjusted Revenue Growth In Q2<blockquote>Yatra Online 第二季度调整后收入增长 109%</blockquote>\n</h2>\n<h4 class=\"meta\">\n<div class=\"head\" \">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Benzinga Earnings </p>\n<p class=\"h-time smaller\">2021-12-21 21:54</p>\n</div>\n</div>\n</h4>\n</header>\n<article>\n<p><ul>  <li><b>Yatra Online Inc</b>&nbsp;(NASDAQ:YTRA)&nbsp;reported second-quarter FY22 adjusted revenue growth&nbsp;of 108.8% year-on-year, to $10.64 million, missing the analyst consensus of $10.68 million.</li>  <li>Adjusted revenue<b>&nbsp;</b>from Air ticketing rose 100.9% Y/Y, and Hotels &amp; Packages climbed 259.0%.</li>  <li>Total gross bookings amounted to $114.1 million, a 348.2% growth Y/Y.</li>  <li>The operating loss for the quarter was $(1.9) million versus $(3.9) million a year earlier. The adjusted EBITDA fell 40% Q/Q to $0.3 million.</li>  <li>The company held $25 million in cash and equivalents as of September 30, 2021.</li>  <li>Adjusted EPS loss of $(0.02) was in line with the consensus.</li>  <li>\"We are also beginning to see signs of recovery in corporate travel, as a large number of employees get fully vaccinated,\" said CEO Dhruv Shringi.</li>  <li>During November 2021, gross booking for corporates grew 81.4% compared to September 2021.</li>  <li><b>Price Action:</b>&nbsp;YTRA shares are trading higher by 6.74% at $1.90 in premarket on the last check Tuesday.</li> </ul></p><p><blockquote><ul><li><b>亚特拉在线公司</b>（纳斯达克股票代码：YTRA）报告称，2022 财年第二季度调整后收入同比增长 108.8%，达到 1064 万美元，低于分析师预期的 1068 万美元。</li><li>调整后收入<b> </b>机票同比增长100.9%，酒店和套餐同比增长259.0%。</li><li>总预订量达1.141亿美元，同比增长348.2%。</li><li>本季度的运营亏损为（190）万美元，而去年同期为（390）万美元。调整后 EBITDA 环比下降 40% 至 30 万美元。</li><li>截至2021年9月30日，该公司持有2500万美元现金及等价物。</li><li>调整后每股收益亏损 (0.02) 美元符合市场共识。</li><li>首席执行官 Dhruv Shringi 表示：“随着大量员工全面接种疫苗，我们也开始看到商务旅行复苏的迹象。”</li><li>2021年11月，企业总预订量较2021年9月增长81.4%。</li><li><b>价格行为：</b>周二最后一次盘前检查时，YTRA 股价上涨 6.74%，至 1.90 美元。</li></ul></blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"YTRA":"Yatra Online, Inc."},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2193152065","content_text":"Yatra Online Inc (NASDAQ:YTRA) reported second-quarter FY22 adjusted revenue growth of 108.8% year-on-year, to $10.64 million, missing the analyst consensus of $10.68 million.\nAdjusted revenue from Air ticketing rose 100.9% Y/Y, and Hotels & Packages climbed 259.0%.\nTotal gross bookings amounted to $114.1 million, a 348.2% growth Y/Y.\nThe operating loss for the quarter was $(1.9) million versus $(3.9) million a year earlier. The adjusted EBITDA fell 40% Q/Q to $0.3 million.\nThe company held $25 million in cash and equivalents as of September 30, 2021.\nAdjusted EPS loss of $(0.02) was in line with the consensus.\n\"We are also beginning to see signs of recovery in corporate travel, as a large number of employees get fully vaccinated,\" said CEO Dhruv Shringi.\nDuring November 2021, gross booking for corporates grew 81.4% compared to September 2021.\nPrice Action: YTRA shares are trading higher by 6.74% at $1.90 in premarket on the last check Tuesday.","news_type":1,"symbols_score_info":{"YTRA":0.9}},"isVote":1,"tweetType":1,"viewCount":5304,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":693850571,"gmtCreate":1640005052403,"gmtModify":1640005052626,"author":{"id":"3568940418649845","authorId":"3568940418649845","name":"Chrnox","avatar":"https://static.tigerbbs.com/d8298e6f2695e61a0ffe90273947e675","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3568940418649845","authorIdStr":"3568940418649845"},"themes":[],"title":"","htmlText":"[Miser]&nbsp;","listText":"[Miser]&nbsp;","text":"[Miser]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/693850571","repostId":"1192970346","repostType":4,"isVote":1,"tweetType":1,"viewCount":3509,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":693084255,"gmtCreate":1639929293030,"gmtModify":1639929293260,"author":{"id":"3568940418649845","authorId":"3568940418649845","name":"Chrnox","avatar":"https://static.tigerbbs.com/d8298e6f2695e61a0ffe90273947e675","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3568940418649845","authorIdStr":"3568940418649845"},"themes":[],"title":"","htmlText":"[What]&nbsp;","listText":"[What]&nbsp;","text":"[What]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/693084255","repostId":"2192903248","repostType":4,"isVote":1,"tweetType":1,"viewCount":3002,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":699528259,"gmtCreate":1639843841282,"gmtModify":1639843841481,"author":{"id":"3568940418649845","authorId":"3568940418649845","name":"Chrnox","avatar":"https://static.tigerbbs.com/d8298e6f2695e61a0ffe90273947e675","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3568940418649845","authorIdStr":"3568940418649845"},"themes":[],"title":"","htmlText":"[Miser]&nbsp;","listText":"[Miser]&nbsp;","text":"[Miser]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/699528259","repostId":"1116106959","repostType":4,"repost":{"id":"1116106959","kind":"news","pubTimestamp":1639785552,"share":"https://www.laohunote.com/m/news/1116106959?lang=zh_CN&edition=full","pubTime":"2021-12-18 07:59","market":"us","language":"en","title":"Wall Street ends down after mostly negative week<blockquote>华尔街在经历了大部分负面的一周后收盘下跌</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1116106959","media":"Reuters","summary":" - Wall Street finished lower on Friday, weighed down by Big Tech as investors worried about the Omicron coronavirus variant and digested the Federal Reserve's decision to end its pandemic-era stimulus faster.All three main U.S. stock indexes ended with a decline for the week after the Fed on Wednesday signaled three quarter-percentage-point interest rate hikes by the end of 2022 to combat surging inflation.Nvidia dropped 2.1% and Alphabet lost 1.9%, both weighing on the S&P 500 and Nasdaq.The S","content":"<p>(Reuters) - Wall Street finished lower on Friday, weighed down by Big Tech as investors worried about the Omicron coronavirus variant and digested the Federal Reserve's decision to end its pandemic-era stimulus faster.</p><p><blockquote>（路透社） - 华尔街周五收低，受到大型科技公司的拖累，投资者担心奥密克戎冠状病毒变种，并消化了美联储更快结束大流行时代刺激措施的决定。</blockquote></p><p> All three main U.S. stock indexes ended with a decline for the week after the Fed on Wednesday signaled three quarter-percentage-point interest rate hikes by the end of 2022 to combat surging inflation.</p><p><blockquote>在美联储周三暗示到 2022 年底加息三个四分之一个百分点以应对通胀飙升后，美国三大股指本周全部下跌。</blockquote></p><p> Nvidia dropped 2.1% and Alphabet lost 1.9%, both weighing on the S&amp;P 500 and Nasdaq.</p><p><blockquote>英伟达下跌 2.1%，Alphabet下跌 1.9%，均令标普500和纳斯达克承压。</blockquote></p><p> The S&amp;P 500 growth index lost 0.7% and the value index declined 1.4%.</p><p><blockquote>标普500增长指数下跌0.7%，价值指数下跌1.4%。</blockquote></p><p> All of the 11 major S&amp;P 500 sector indexes fell, with financials leading the way down with a 2.3% drop. Energy lost 2.2%.</p><p><blockquote>标普500 11个主要板块指数全部下跌，其中金融股领跌2.3%。能源损失2.2%。</blockquote></p><p> Adding to uncertainty, Pfizer said on Friday the pandemic could extend through next year. European countries geared up for further travel and social restrictions and a study warned that the rapidly spreading Omicron coronavirus variant was five times more likely to reinfect people than its predecessor, Delta.</p><p><blockquote>辉瑞公司周五表示，疫情可能会持续到明年，这增加了不确定性。欧洲国家为进一步的旅行和社会限制做好了准备，一项研究警告说，快速传播的奥密克戎冠状病毒变种再次感染人们的可能性是其前身德尔塔的五倍。</blockquote></p><p> Traders also pointed to year-end tax selling and the simultaneous expiration of stock options, stock index futures and index options contracts - known as triple witching - as potential causes for volatility.</p><p><blockquote>交易员还指出，年终税收抛售以及股票期权、股指期货和指数期权合约同时到期（被称为三重巫术）是波动的潜在原因。</blockquote></p><p> \"It's a big options expiration day,\" said Joe Saluzzi, co-manager of trading at Themis Trading in Chatham, New Jersey. \"And now you draw on top of that some Omicron, and you've got volatility, and I think it creates a lot of uncertainty amongst investors. Where are you going to position for the end of the year?\"</p><p><blockquote>“这是一个重要的期权到期日，”新泽西州查塔姆 Themis Trading 的交易联席经理 Joe Saluzzi 表示。“现在你再加上一些奥密克戎，你就会出现波动，我认为这会给投资者带来很多不确定性。你打算在年底前把仓位放在哪里？”</blockquote></p><p> Heavyweight growth stocks including Nvidia and Microsoft have outperformed the broader market in 2021, while the Philadelphia SE Semiconductor index has surged about 35%. The benchmark S&amp;P 500 index gained around 23% in the same period.</p><p><blockquote>2021年，英伟达和微软等权重成长股的表现优于大盘，而费城东南半导体指数则飙升约35%。同期，基准标普500指数上涨约 23%。</blockquote></p><p> In Friday's session, the Dow Jones Industrial Average fell 1.48% to end at 35,365.44 points, while the S&amp;P 500 lost 1.03% to 4,620.64.</p><p><blockquote>在周五的交易中，道琼斯工业平均指数下跌1.48%，收于35,365.44点，而标普500指数下跌1.03%，至4,620.64点。</blockquote></p><p> The Nasdaq Composite dropped 0.07% to 15,169.68.</p><p><blockquote>纳斯达克综合指数下跌 0.07%，至 15,169.68 点。</blockquote></p><p> On a positive note, the small-cap Russell 2000 index rallied 1% after having fallen more than 10% from a record high in early November.</p><p><blockquote>从积极的方面来看，小盘股罗素 2000 指数在从 11 月初的历史高点下跌超过 10% 后反弹 1%。</blockquote></p><p> With options expiring, volume on U.S. exchanges jumped to 16.6 billion shares, far above the 11.9 billion average over the last 20 trading days.</p><p><blockquote>随着期权到期，美国交易所的成交量跃升至 166 亿股，远高于过去 20 个交易日 119 亿股的平均水平。</blockquote></p><p> For the week, the S&amp;P 500 fell 1.9%, the Dow lost 1.7% and the Nasdaq declined 2.9%.</p><p><blockquote>本周，标普500指数下跌1.9%，道琼斯指数下跌1.7%，纳斯达克指数下跌2.9%。</blockquote></p><p> In Friday's session, Oracle tumbled 6.4% after the Wall Street Journal reported the enterprise software maker is in talks to buy electronic medical records company Cerner in a deal that could be valued at $30 billion. Shares of Cerner surged 12.9%.</p><p><blockquote>在周五的交易中，甲骨文暴跌 6.4%，此前《华尔街日报》报道了这家企业软件制造商正在洽谈收购电子病历公司 Cerner，交易价值可能为 300 亿美元。Cerner 股价飙升 12.9%。</blockquote></p><p> FedEx Corp rose almost 5% after the delivery firm reinstated its original fiscal 2022 forecast on Thursday, even as persistent labor woes chipped away profits.</p><p><blockquote>联邦快递公司 (FedEx Corp) 周四恢复了最初的 2022 财年预测，尽管持续的劳动力困境削弱了利润，但该公司股价上涨近 5%。</blockquote></p><p> Declining issues outnumbered advancing ones on the NYSE by a 1.50-to-1 ratio; on Nasdaq, a 1.16-to-1 ratio favored advancers.</p><p><blockquote>纽约证券交易所下跌发行量与上涨发行量的比例为 1.50 比 1；在纳斯达克，1.16比1的比率有利于进步人士。</blockquote></p><p> The S&amp;P 500 posted 22 new 52-week highs and seven new lows; the Nasdaq Composite recorded 28 new highs and 341 new lows.</p><p><blockquote>标普500创下 22 个 52 周新高和 7 个新低；纳斯达克综合指数创下28个新高和341个新低。</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 ends down after mostly negative week<blockquote>华尔街在经历了大部分负面的一周后收盘下跌</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ 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 ends down after mostly negative week<blockquote>华尔街在经历了大部分负面的一周后收盘下跌</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Reuters</strong><span class=\"h-time small\">2021-12-18 07:59</span>\n</p>\n</h4>\n</header>\n<article>\n<p>(Reuters) - Wall Street finished lower on Friday, weighed down by Big Tech as investors worried about the Omicron coronavirus variant and digested the Federal Reserve's decision to end its pandemic-era stimulus faster.</p><p><blockquote>（路透社） - 华尔街周五收低，受到大型科技公司的拖累，投资者担心奥密克戎冠状病毒变种，并消化了美联储更快结束大流行时代刺激措施的决定。</blockquote></p><p> All three main U.S. stock indexes ended with a decline for the week after the Fed on Wednesday signaled three quarter-percentage-point interest rate hikes by the end of 2022 to combat surging inflation.</p><p><blockquote>在美联储周三暗示到 2022 年底加息三个四分之一个百分点以应对通胀飙升后，美国三大股指本周全部下跌。</blockquote></p><p> Nvidia dropped 2.1% and Alphabet lost 1.9%, both weighing on the S&amp;P 500 and Nasdaq.</p><p><blockquote>英伟达下跌 2.1%，Alphabet下跌 1.9%，均令标普500和纳斯达克承压。</blockquote></p><p> The S&amp;P 500 growth index lost 0.7% and the value index declined 1.4%.</p><p><blockquote>标普500增长指数下跌0.7%，价值指数下跌1.4%。</blockquote></p><p> All of the 11 major S&amp;P 500 sector indexes fell, with financials leading the way down with a 2.3% drop. Energy lost 2.2%.</p><p><blockquote>标普500 11个主要板块指数全部下跌，其中金融股领跌2.3%。能源损失2.2%。</blockquote></p><p> Adding to uncertainty, Pfizer said on Friday the pandemic could extend through next year. European countries geared up for further travel and social restrictions and a study warned that the rapidly spreading Omicron coronavirus variant was five times more likely to reinfect people than its predecessor, Delta.</p><p><blockquote>辉瑞公司周五表示，疫情可能会持续到明年，这增加了不确定性。欧洲国家为进一步的旅行和社会限制做好了准备，一项研究警告说，快速传播的奥密克戎冠状病毒变种再次感染人们的可能性是其前身德尔塔的五倍。</blockquote></p><p> Traders also pointed to year-end tax selling and the simultaneous expiration of stock options, stock index futures and index options contracts - known as triple witching - as potential causes for volatility.</p><p><blockquote>交易员还指出，年终税收抛售以及股票期权、股指期货和指数期权合约同时到期（被称为三重巫术）是波动的潜在原因。</blockquote></p><p> \"It's a big options expiration day,\" said Joe Saluzzi, co-manager of trading at Themis Trading in Chatham, New Jersey. \"And now you draw on top of that some Omicron, and you've got volatility, and I think it creates a lot of uncertainty amongst investors. Where are you going to position for the end of the year?\"</p><p><blockquote>“这是一个重要的期权到期日，”新泽西州查塔姆 Themis Trading 的交易联席经理 Joe Saluzzi 表示。“现在你再加上一些奥密克戎，你就会出现波动，我认为这会给投资者带来很多不确定性。你打算在年底前把仓位放在哪里？”</blockquote></p><p> Heavyweight growth stocks including Nvidia and Microsoft have outperformed the broader market in 2021, while the Philadelphia SE Semiconductor index has surged about 35%. The benchmark S&amp;P 500 index gained around 23% in the same period.</p><p><blockquote>2021年，英伟达和微软等权重成长股的表现优于大盘，而费城东南半导体指数则飙升约35%。同期，基准标普500指数上涨约 23%。</blockquote></p><p> In Friday's session, the Dow Jones Industrial Average fell 1.48% to end at 35,365.44 points, while the S&amp;P 500 lost 1.03% to 4,620.64.</p><p><blockquote>在周五的交易中，道琼斯工业平均指数下跌1.48%，收于35,365.44点，而标普500指数下跌1.03%，至4,620.64点。</blockquote></p><p> The Nasdaq Composite dropped 0.07% to 15,169.68.</p><p><blockquote>纳斯达克综合指数下跌 0.07%，至 15,169.68 点。</blockquote></p><p> On a positive note, the small-cap Russell 2000 index rallied 1% after having fallen more than 10% from a record high in early November.</p><p><blockquote>从积极的方面来看，小盘股罗素 2000 指数在从 11 月初的历史高点下跌超过 10% 后反弹 1%。</blockquote></p><p> With options expiring, volume on U.S. exchanges jumped to 16.6 billion shares, far above the 11.9 billion average over the last 20 trading days.</p><p><blockquote>随着期权到期，美国交易所的成交量跃升至 166 亿股，远高于过去 20 个交易日 119 亿股的平均水平。</blockquote></p><p> For the week, the S&amp;P 500 fell 1.9%, the Dow lost 1.7% and the Nasdaq declined 2.9%.</p><p><blockquote>本周，标普500指数下跌1.9%，道琼斯指数下跌1.7%，纳斯达克指数下跌2.9%。</blockquote></p><p> In Friday's session, Oracle tumbled 6.4% after the Wall Street Journal reported the enterprise software maker is in talks to buy electronic medical records company Cerner in a deal that could be valued at $30 billion. Shares of Cerner surged 12.9%.</p><p><blockquote>在周五的交易中，甲骨文暴跌 6.4%，此前《华尔街日报》报道了这家企业软件制造商正在洽谈收购电子病历公司 Cerner，交易价值可能为 300 亿美元。Cerner 股价飙升 12.9%。</blockquote></p><p> FedEx Corp rose almost 5% after the delivery firm reinstated its original fiscal 2022 forecast on Thursday, even as persistent labor woes chipped away profits.</p><p><blockquote>联邦快递公司 (FedEx Corp) 周四恢复了最初的 2022 财年预测，尽管持续的劳动力困境削弱了利润，但该公司股价上涨近 5%。</blockquote></p><p> Declining issues outnumbered advancing ones on the NYSE by a 1.50-to-1 ratio; on Nasdaq, a 1.16-to-1 ratio favored advancers.</p><p><blockquote>纽约证券交易所下跌发行量与上涨发行量的比例为 1.50 比 1；在纳斯达克，1.16比1的比率有利于进步人士。</blockquote></p><p> The S&amp;P 500 posted 22 new 52-week highs and seven new lows; the Nasdaq Composite recorded 28 new highs and 341 new lows.</p><p><blockquote>标普500创下 22 个 52 周新高和 7 个新低；纳斯达克综合指数创下28个新高和341个新低。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://finance.yahoo.com/news/us-stocks-wall-street-ends-212015460.html\">Reuters</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯",".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index"},"source_url":"https://finance.yahoo.com/news/us-stocks-wall-street-ends-212015460.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1116106959","content_text":"(Reuters) - Wall Street finished lower on Friday, weighed down by Big Tech as investors worried about the Omicron coronavirus variant and digested the Federal Reserve's decision to end its pandemic-era stimulus faster.\nAll three main U.S. stock indexes ended with a decline for the week after the Fed on Wednesday signaled three quarter-percentage-point interest rate hikes by the end of 2022 to combat surging inflation.\nNvidia dropped 2.1% and Alphabet lost 1.9%, both weighing on the S&P 500 and Nasdaq.\nThe S&P 500 growth index lost 0.7% and the value index declined 1.4%.\nAll of the 11 major S&P 500 sector indexes fell, with financials leading the way down with a 2.3% drop. Energy lost 2.2%.\nAdding to uncertainty, Pfizer said on Friday the pandemic could extend through next year. European countries geared up for further travel and social restrictions and a study warned that the rapidly spreading Omicron coronavirus variant was five times more likely to reinfect people than its predecessor, Delta.\nTraders also pointed to year-end tax selling and the simultaneous expiration of stock options, stock index futures and index options contracts - known as triple witching - as potential causes for volatility.\n\"It's a big options expiration day,\" said Joe Saluzzi, co-manager of trading at Themis Trading in Chatham, New Jersey. \"And now you draw on top of that some Omicron, and you've got volatility, and I think it creates a lot of uncertainty amongst investors. Where are you going to position for the end of the year?\"\nHeavyweight growth stocks including Nvidia and Microsoft have outperformed the broader market in 2021, while the Philadelphia SE Semiconductor index has surged about 35%. The benchmark S&P 500 index gained around 23% in the same period.\nIn Friday's session, the Dow Jones Industrial Average fell 1.48% to end at 35,365.44 points, while the S&P 500 lost 1.03% to 4,620.64.\nThe Nasdaq Composite dropped 0.07% to 15,169.68.\nOn a positive note, the small-cap Russell 2000 index rallied 1% after having fallen more than 10% from a record high in early November.\nWith options expiring, volume on U.S. exchanges jumped to 16.6 billion shares, far above the 11.9 billion average over the last 20 trading days.\nFor the week, the S&P 500 fell 1.9%, the Dow lost 1.7% and the Nasdaq declined 2.9%.\nIn Friday's session, Oracle tumbled 6.4% after the Wall Street Journal reported the enterprise software maker is in talks to buy electronic medical records company Cerner in a deal that could be valued at $30 billion. Shares of Cerner surged 12.9%.\nFedEx Corp rose almost 5% after the delivery firm reinstated its original fiscal 2022 forecast on Thursday, even as persistent labor woes chipped away profits.\nDeclining issues outnumbered advancing ones on the NYSE by a 1.50-to-1 ratio; on Nasdaq, a 1.16-to-1 ratio favored advancers.\nThe S&P 500 posted 22 new 52-week highs and seven new lows; the Nasdaq Composite recorded 28 new highs and 341 new lows.","news_type":1,"symbols_score_info":{".IXIC":0.9,".DJI":0.9,".SPX":0.9}},"isVote":1,"tweetType":1,"viewCount":3753,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":690079452,"gmtCreate":1639617475985,"gmtModify":1639617476184,"author":{"id":"3568940418649845","authorId":"3568940418649845","name":"Chrnox","avatar":"https://static.tigerbbs.com/d8298e6f2695e61a0ffe90273947e675","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3568940418649845","authorIdStr":"3568940418649845"},"themes":[],"title":"","htmlText":"[Miser]&nbsp;","listText":"[Miser]&nbsp;","text":"[Miser]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/690079452","repostId":"2191994940","repostType":4,"isVote":1,"tweetType":1,"viewCount":3260,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":607692062,"gmtCreate":1639530700014,"gmtModify":1639530700211,"author":{"id":"3568940418649845","authorId":"3568940418649845","name":"Chrnox","avatar":"https://static.tigerbbs.com/d8298e6f2695e61a0ffe90273947e675","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3568940418649845","authorIdStr":"3568940418649845"},"themes":[],"title":"","htmlText":"😬","listText":"😬","text":"😬","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/607692062","repostId":"2191784951","repostType":4,"isVote":1,"tweetType":1,"viewCount":3013,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":604887299,"gmtCreate":1639370784931,"gmtModify":1639370785098,"author":{"id":"3568940418649845","authorId":"3568940418649845","name":"Chrnox","avatar":"https://static.tigerbbs.com/d8298e6f2695e61a0ffe90273947e675","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3568940418649845","authorIdStr":"3568940418649845"},"themes":[],"title":"","htmlText":"[What]&nbsp;","listText":"[What]&nbsp;","text":"[What]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/604887299","repostId":"1163753909","repostType":4,"repost":{"id":"1163753909","kind":"news","pubTimestamp":1639365199,"share":"https://www.laohunote.com/m/news/1163753909?lang=zh_CN&edition=full","pubTime":"2021-12-13 11:13","market":"us","language":"en","title":"Palantir Has Now Entered A New Dimension<blockquote>Palantir 现已进入一个新的维度</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1163753909","media":"Seeking Alpha","summary":"Summary\n\nPalantir recently launched Foundry for Crypto to empower the future of finance.\nPalantir no","content":"<p><b>Summary</b></p><p><blockquote><b>总结</b></blockquote></p><p> <ul>  <li>Palantir recently launched Foundry for Crypto to empower the future of finance.</li>  <li>Palantir now has the opportunity to leverage its platform's connective tissue to track the flow of funds within decentralized finance applications.</li>  <li>Palantir's worked with the IRS since 2013 and prior to the release of Foundry, Gotham was deployed for large financial institutions.</li>  <li>In today's article, I will highlight Palantir's roots that lead back to PayPal as well as Palantir's opportunity within fintech.</li> </ul> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/b19fbe474b2b948c1dd476507722b776\" tg-width=\"1536\" tg-height=\"864\" width=\"100%\" height=\"auto\"><span>Olemedia/E+ via Getty Images</span></p><p><blockquote><ul><li>Palantir最近推出了Foundry for Crypto，以赋能金融的未来。</li><li>Palantir现在有机会利用其平台的结缔组织来跟踪去中心化金融应用程序中的资金流动。</li><li>Palantir自2013年以来一直与美国国税局合作，在Foundry发布之前，Gotham被部署到大型金融机构。</li><li>在今天的文章中，我将重点介绍 Palantir 的PayPal根源以及 Palantir 在金融科技领域的机会。</li></ul><p class=\"t-img-caption\"><span>Olemedia/E+ 来自盖蒂图片社</span></p></blockquote></p><p> <b>Investment Thesis</b></p><p><blockquote><b>投资论文</b></blockquote></p><p> When it comes to Palantir (PLTR), most investors are excited by its government business as well as its opportunity in the commercial sector with Foundry for Builders. Today, ~60% of Palantir's business stems from the government, while the other portion comes from the commercial sector. Palantir's platform is known for its artificial intelligence (AI) and deep data insights that provide its customers with critical information to help maximize their profits. Palantir's solutions are built around \"mission-driven engineering\" to integrate information from siloed and unstructured data sets. In this article, we'll explore Palantir's roots that go back to the payments industry and PayPal.</p><p><blockquote>谈到 Palantir (PLTR)，大多数投资者对其政府业务以及其在商业领域为建筑商提供铸造厂的机会感到兴奋。如今，Palantir 约 60% 的业务来自政府，而另一部分来自商业部门。Palantir 的平台以其人工智能 (AI) 和深度数据洞察而闻名，可为客户提供关键信息，帮助他们实现利润最大化。Palantir的解决方案围绕“任务驱动的工程”构建，以整合来自孤岛和非结构化数据集的信息。在本文中，我们将探索 Palantir 的根源，可以追溯到支付行业和PayPal。</blockquote></p><p> PayPal and Palantir co-founder Peter Thiel approached fellow Palantir co-founder, Stephen Cohen, in 2004 and told him about his idea for Palantir, here's what he envisioned.</p><p><blockquote>PayPal和Palantir联合创始人Peter Thiel在2004年找到了Palantir联合创始人Stephen Cohen，告诉他他对Palantir的想法，以下是他的设想。</blockquote></p><p>   Let's take some of the ideas from the PayPal Anti-Fraud platform and let's try to generalize them to solve the country's counterterrorism problem. And we'll start by selling it directly to the U.S. Government.    And while we're at it, let's solve the generalized enterprise information management platforms that are out there. Let's help big enterprises use a Silicon Valley approach to understanding their data.\"-Stephen Cohen, 2013  Five years ago, a quarter of Palantir's business stemmed from the financial sector - while Palantir's connection to the fintech may not be clear on the surface, the company has a significant opportunity to deploy its AI, specifically Foundry, for fintech applications whether that's current banks or fintech companies such as Elementus, a blockchain analytics platform. Palantir currently serves the IRS and the current banking infrastructure as well as future innovative payment technologies such as cryptocurrencies and smart contracts.</p><p><blockquote>让我们从PayPal反欺诈平台中汲取一些想法，并尝试将它们概括起来，以解决国家的反恐问题。我们将首先直接卖给美国政府。同时，让我们来解决现有的通用企业信息管理平台。让我们帮助大型企业使用硅谷方法来理解他们的数据。”——Stephen Cohen，2013 五年前，Palantir 四分之一的业务来自金融领域——虽然 Palantir 与金融科技的联系表面上可能并不清楚，但该公司拥有为金融科技应用部署其人工智能（特别是 Foundry）的重大机会，无论是当前的银行还是区块链分析平台 Elementus 等金融科技公司。Palantir目前为美国国税局和当前的银行基础设施以及未来的创新支付技术（如加密货币和智能合约）提供服务。</blockquote></p><p> <b>Deep Roots In Payments</b></p><p><blockquote><b>深深扎根于支付</b></blockquote></p><p> Much of the Palantir \"DNA\" and culture is replicated from PayPal. Palantir's core technology was also inspired by PayPal, specifically PayPal's Anti-Fraud platform. Peter Thiel co-founded PayPal with Max Levchin and would later go on to co-find Palantir along with Nathan Gettings, Palantir's first chief technology officer, who was an engineer at PayPal where he worked closely with Levchin fighting payment fraud. This PayPal Anti-Fraud framework would go on to provide the fundamental building blocks for Palantir's first initiative to fight counterterrorism.</p><p><blockquote>Palantir的大部分“DNA”和文化是从PayPal复制的。Palantir的核心技术也受到了PayPal的启发，特别是PayPal的反欺诈平台。Peter Thiel与Max Levchin共同创立了PayPal，后来与Palantir的第一任首席技术官Nathan Gettings共同创立了Palantir，Nathan Gettings是PayPal的一名工程师，在那里他与Levchin密切合作，打击支付欺诈。这个PayPal反欺诈框架将继续为Palantir打击恐怖主义的第一个举措提供基本构件。</blockquote></p><p> Palantir deploys technology within the government that is similar to what it deploys for large financial institutions. The challenges that financial institutions must overcome are similar to those faced in the government context because there are many data sources and many systems that feed input into the financial service sector as well as the government sector. Palantir uses deep data analytics to identify patterns and trends within this information to help its customers manage risk and execute their plans to better navigate complex environments that are constantly changing.</p><p><blockquote>Palantir在政府内部部署的技术类似于它为大型金融机构部署的技术。金融机构必须克服的挑战与政府部门面临的挑战相似，因为有许多数据源和许多系统向金融服务部门和政府部门提供投入。Palantir使用深度数据分析来识别这些信息中的模式和趋势，以帮助其客户管理风险并执行他们的计划，以更好地驾驭不断变化的复杂环境。</blockquote></p><p> In 2016, about 25% of Palantir's business came from the financial sector as Palantir deployed its Gotham Platform to investigate fraud for large institutions, as reported in its S1. Palantir works with a lot of banks and replaced legacy technology that's been around for over 30 years. For example, Credit Suisse has used Palantir since 2013 to analyze risks and detect fraud using data from more than a&nbsp;hundred&nbsp;systems across their operations.</p><p><blockquote>2016年，Palantir约25%的业务来自金融领域，因为Palantir部署了其Gotham平台来调查大型机构的欺诈行为，正如其S1中所报告的那样。Palantir 与许多银行合作，取代了已经存在了 30 多年的传统技术。例如，瑞士信贷自 2013 年以来一直使用 Palantir，利用其运营中一百多个系统的数据来分析风险并检测欺诈。</blockquote></p><p> Palantir seeks to become the central operating system for&nbsp;entire industries&nbsp;rather than just a singular customer and Palantir sees an opportunity to create similar industry-wide partnerships within the financial services industry as it has within the U.S. government and aviation industry. Palantir's consistently winning government contracts while Palantir partnered with Airbus(OTCPK:EADSF)&nbsp;to launch&nbsp;SkyWise&nbsp;in 2017 and now works with over 100 airlines.</p><p><blockquote>Palantir 寻求成为整个行业的中央操作系统，而不仅仅是一个单一客户，Palantir 看到了在金融服务行业内建立类似于在美国政府和航空业的全行业合作伙伴关系的机会。Palantir 不断赢得政府合同，同时 Palantir 与空中客车公司 (OTCPK: EADSF) 合作，于 2017 年推出 SkyWise，目前与 100 多家航空公司合作。</blockquote></p><p> Significant Opportunity At Hand</p><p><blockquote>重大机遇即将到来</blockquote></p><p></p><p> On November 23, Palantir launched Foundry for Crypto, which will leverage Foundry's defined data integration to automatically build data pipelines and convert unorganized data into a transparent hub.</p><p><blockquote>11月23日，Palantir推出了Foundry for Crypto，它将利用Foundry定义的数据集成来自动构建数据管道，并将无组织的数据转换为透明的中心。</blockquote></p><p> Foundry for Crypto will enable Web3 startups to leverage the technology that financial institutions use to fight crime. With the current digital transformation underway and the rise of cryptocurrencies and blockchain technologies, Palantir leverages its data expertise to power the next generation of finance software.</p><p><blockquote>Foundry for Crypto将使Web3初创公司能够利用金融机构用来打击犯罪的技术。随着当前数字化转型的进行以及加密货币和区块链技术的兴起，Palantir利用其数据专业知识为下一代金融软件提供动力。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/3f2a3fb5ad32eff1f464c225cc4b1f1c\" tg-width=\"1280\" tg-height=\"621\" width=\"100%\" height=\"auto\"><span>Source: Offerings | Crypto</span></p><p><blockquote><p class=\"t-img-caption\"><span>资料来源：产品 | Crypto</span></p></blockquote></p><p> As indicated above, Palantir is chain-agnostic, meaning that Palantir works with multiple blockchains. Palantir integrates transaction data as well as smart contract data which will enable Palantir to leverage the core competencies of its AI and data analysis to provide its KYC (Know-Your-Customer) insights. For example, if somebody were to make a transaction using cryptocurrency from a non-custodial wallet, then it'd typically be a challenge to decipher KYC information from that wallet since the blockchain itself is encrypted and decentralized. Palantir traces the assets in a non-custodial wallet and tracks where the assets were transferred from. This allows Palantir to locate the exchange the asset was originally transferred from and then Palantir can track customer data from the crypto exchange where the asset was purchased, like Coinbase.</p><p><blockquote>如上所述，Palantir是链不可知的，这意味着Palantir可以与多个区块链合作。Palantir整合了交易数据和智能合约数据，这将使Palantir能够利用其人工智能和数据分析的核心能力来提供KYC（了解你的客户）见解。例如，如果有人从非托管钱包中使用加密货币进行交易，那么从该钱包中解密KYC信息通常是一个挑战，因为区块链本身是加密和分散的。Palantir跟踪非托管钱包中的资产，并跟踪资产的转移位置。这使得 Palantir 能够找到最初转移资产的交易所，然后 Palantir 可以跟踪购买资产的加密货币交易所（如 Coinbase）的客户数据。</blockquote></p><p> The example above highlights how Palantir digs deep and scrapes the data from the blockchain to learn about a specific individual. This goes a long way in validating secure transactions as Palantir identifies malicious transactions on the blockchain, based on the transaction's location and specific properties. Companies that want to accept cryptocurrencies need secure solutions while they also want to gather insights around their customers to propel their businesses. BNPL companies, like Affirm, which was started by Max Levchin and Nathan Gettings, use advanced risk modeling (also referred to as AI) to offer consumers more fair credit assessments because BNPL companies have access to essential data from both the merchant and the consumer. Palantir could leverage its AI and data insights to help its customers better understand their clientele to offer targeted marketing campaigns or help them identify opportunities that will decrease expenses.</p><p><blockquote>上面的例子强调了Palantir如何深入挖掘和从区块链中抓取数据来了解特定个人。这在验证安全交易方面有很大帮助，因为Palantir会根据交易的位置和特定属性识别区块链上的恶意交易。想要接受加密货币的公司需要安全的解决方案，同时他们也希望收集客户周围的见解来推动他们的业务。BNPL 公司，例如由 Max Levchin 和 Nathan Gettings 创办的 Affirm，使用高级风险建模（也称为 AI）为消费者提供更公平的信用评估，因为 BNPL 公司可以访问商家和消费者的基本数据。Palantir 可以利用其人工智能和数据洞察力来帮助客户更好地了解他们的客户，以提供有针对性的营销活动或帮助他们识别降低费用的机会。</blockquote></p><p> Foundry for Crypto is still in its early adoption stage as it was recently rolled out and Palantir has multiple opportunities to implement this platform in a variety of industries as payment technology continues to evolve and will reshape the current payments landscape.</p><p><blockquote>Foundry for Crypto仍处于早期采用阶段，因为它是最近推出的，随着支付技术的不断发展并将重塑当前的支付格局，Palantir有多个机会在各种行业实施该平台。</blockquote></p><p> Smart contracts are another significant opportunity for Palantir. Smart contracts are a set of protocols that are validated and carried out on the flow of data, meaning that once the contract is fulfilled, the data will indicate the contract is satisfied and ensure that the liable party transfers the agreed-upon funds. Palantir has a great opportunity to play a role in the facilitation of data within smart contracts while removing the costs of working with third networks and banks.</p><p><blockquote>智能合约是 Palantir 的另一个重要机遇。智能合约是一组对数据流进行验证和执行的协议，这意味着一旦合同履行，数据将表明合同得到满足，并确保责任方转移约定的资金。Palantir有很好的机会在促进智能合约中的数据方面发挥作用，同时消除与第三方网络和银行合作的成本。</blockquote></p><p> One of Palantir's SPAC investments, BlackSky, deploys Foundry and processes real-time satellite imagery to monitor events taking place on Earth. For example, BlackSky can detect if the shipment has been delivered since BlackSky's satellites take images multiple times throughout the day. BlackSky monitors data and information that can only be processed through imagery and is the custodian of monitoring these actions and generating these actions into data points, so that they can inform smart contracts as to whether or not the contract was satisfied. This is a great example of how Palantir's customers may leverage Foundry to process information relating to digital assets and new digital protocols.</p><p><blockquote>Palantir 的 SPAC 投资之一 BlackSky 部署铸造厂并处理实时卫星图像来监控地球上发生的事件。例如，BlackSky可以检测货物是否已经交付，因为BlackSky的卫星全天多次拍摄图像。BlackSky监控只能通过图像处理的数据和信息，并且是监控这些动作并将这些动作生成数据点的保管人，这样他们就可以告知智能合约合同是否得到满足。这是Palantir的客户如何利用Foundry来处理与数字资产和新数字协议相关的信息的一个很好的例子。</blockquote></p><p> <b>The Government's Implemented Palantir's \"FinTech\" Solution Since 2013</b></p><p><blockquote><b>政府自2013年起实施Palantir的“金融科技”解决方案</b></blockquote></p><p> The IRS started working with Palantir in 2013 and Palantir continues to land and expand its partnership with the IRS as it's been awarded nearly $20 million from them over the last 12 months.</p><p><blockquote>美国国税局于2013年开始与Palantir合作，Palantir继续建立并扩大与美国国税局的合作伙伴关系，因为在过去12个月中，它从他们那里获得了近2000万美元的奖励。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/e748221a3ed9fc319e2be6ebf40a8e95\" tg-width=\"956\" tg-height=\"524\" width=\"100%\" height=\"auto\"><span>Source: USAspending.gov</span></p><p><blockquote><p class=\"t-img-caption\"><span>资料来源：USAspending.gov</span></p></blockquote></p><p> In May, the IRS launched \"Operation Hidden Gem\", which is an initiative to focus on taxpayers who don't report cryptocurrencies gains. Carolyn Schenck, National Fraud Counsel for the IRS, recently had the&nbsp;following&nbsp;in regards to cryptocurrencies.</p><p><blockquote>5月，美国国税局启动了“隐藏宝石行动”，这是一项针对不报告加密货币收益的纳税人的举措。美国国税局的国家欺诈法律顾问卡罗琳·申克（Carolyn Schenck）最近对加密货币发表了以下看法。</blockquote></p><p></p><p>   These transactions are not anonymous, we see you.\"  Another issue around crypto fraud, which Palantir's AML is designed to detect, is similar to PayPal's Anti-Fraud platform. The IRS recently revealed in its annual report that it seized&nbsp;$3.5 billion&nbsp;so far this year from cryptocurrency-related fraud. Palantir enables the IRS with the solutions that decipher criminal financial schemes and analyzes a variety of data sources in real-time. In the past, Palantir allowed the IRS to track the flow of funds or the flow of assets. For example, if someone were to transfer assets to a bank in the Cayman Islands and then withdraw the cash in the U.S. and use it for a&nbsp;down payment&nbsp;on something like an additional property, Palantir's deep data analysis will connect this information that's siloed, and present it to the IRS so that they can handle the specific situations accordingly.</p><p><blockquote>这些交易不是匿名的，我们看到了你。”Palantir 的 AML 旨在检测加密货币欺诈的另一个问题与 PayPal 的反欺诈平台类似。美国国税局最近在其年度报告中透露，今年迄今为止，它从加密货币相关欺诈中查获了35亿美元。Palantir为美国国税局提供破译犯罪金融计划和实时分析各种数据源的解决方案。过去，Palantir允许国税局跟踪资金流动或资产流动。例如，如果有人将资产转移到开曼群岛的一家银行，然后在美国提取现金，并用它来支付额外房产等的首付，Palantir 的深度数据分析将连接这些孤立的信息，并将其提交给国税局，以便他们可以相应地处理具体情况。</blockquote></p><p> Based on Palantir's recent launch of Foundry for Crypto, Palantir could already be using its platform to provide real value for the U.S. government. As more information moves online and it becomes more complex to track complex digital assets, Palantir's technology remains one step ahead of trends when it comes to AI. Palantir continuously creates out-of-the-box solutions for the government, it then filters for commercial use cases.</p><p><blockquote>根据 Palantir 最近推出的 Foundry for Crypto，Palantir 可能已经在使用其平台为美国政府提供真正的价值。随着越来越多的信息转移到网上，跟踪复杂的数字资产变得越来越复杂，Palantir的技术在人工智能方面仍然领先趋势一步。Palantir不断为政府创造开箱即用的解决方案，然后筛选商业用例。</blockquote></p><p> Now, let's use the L.A. Valuation Stevens Model to provide an updated fair value, then discuss risks associated with Palantir's entrance into crypto.</p><p><blockquote>现在，让我们使用洛杉矶估值史蒂文斯模型来提供更新的公允价值，然后讨论与 Palantir 进入加密货币相关的风险。</blockquote></p><p> <b>Valuation</b></p><p><blockquote><b>估值</b></blockquote></p><p> Palantir continues to land new commercial clients and demonstrate the value of its platform through strong quarterly results. In Q3, Palantir grew its commercial customer count by 46% quarter-over-quarter to over 200 customers. Below are some of Palantir's notable financial metrics.</p><p><blockquote>Palantir 继续获得新的商业客户，并通过强劲的季度业绩展示其平台的价值。第三季度，Palantir 的商业客户数量环比增长 46%，达到 200 多家。以下是 Palantir 的一些著名财务指标。</blockquote></p><p> <ul>  <li>$1.43B in TTM revenue</p><p><blockquote><ul><li>$1.43B TTM 收入</li></ul></blockquote></p><p></li>  <li>77% gross profit margins</p><p><blockquote><li>77% 毛利率</li></blockquote></p><p></li>  <li>$120 billion TAM</p><p><blockquote><li>1200亿美元TAM</li></blockquote></p><p></li> </ul> <b>Palantir's Fair Value And Expected Return</b></p><p><blockquote><b>Palantir 的公允价值和预期回报</b></blockquote></p><p> To determine Palantir's fair value, we will employ our proprietary valuation model. Here's what it entails:</p><p><blockquote>为厘定Palantir的公允价值，我们将采用我们的专有估值模型。以下是它需要的内容：</blockquote></p><p> <ul>  <li>In step 1, we use a traditional DCF model with free cash flow discounted by our (shareholders) cost of capital.</p><p><blockquote><ul><li>在第一步中，我们使用传统的DCF模型，自由现金流被我们（股东）的资本成本贴现。</li></ul></blockquote></p><p></li>  <li>In step 2, the model accounts for the effects of the change in shares outstanding (buybacks/dilutions).</p><p><blockquote><li>在步骤2中，该模型考虑了流通股变化（回购/稀释）的影响。</li></blockquote></p><p></li>  <li>In step 3, we normalize valuation for future growth prospects at the end of the ten years. Then, we arrive at a CAGR using today's share price and the projected share price at the end of 10 years. If this beats the market by enough of a margin, we invest. If not, we wait for a better entry point.</p><p><blockquote><li>在第三步中，我们在十年结束时对未来增长前景进行估值正常化。然后，我们使用今天的股价和 10 年底的预计股价得出 CAGR。如果这比市场有足够的优势，我们就会投资。如果没有，我们等待更好的切入点。</li></blockquote></p><p></li> </ul> Assumptions:</p><p><blockquote>假设：</blockquote></p><p> <img src=\"https://static.tigerbbs.com/5f1499608f487046f492724343ce6250\" tg-width=\"934\" tg-height=\"572\" width=\"100%\" height=\"auto\"></p><p><blockquote></blockquote></p><p> Results:</p><p><blockquote>结果：</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/cad4b65a88b3612deb98a837e64a5193\" tg-width=\"738\" tg-height=\"912\" width=\"100%\" height=\"auto\"><span>Source: L.A. Stevens Valuation Model</span></p><p><blockquote><p class=\"t-img-caption\"><span>资料来源：洛杉矶史蒂文斯估值模型</span></p></blockquote></p><p> Based on conservative estimates, Palantir is worth ~$31 today when accounting for future dilution, hence Palantir is significantly undervalued.</p><p><blockquote>根据保守估计，考虑到未来的稀释，Palantir 目前的价值约为 31 美元，因此 Palantir 被严重低估。</blockquote></p><p> In order for us to determine if Palantir is worth an investment today, we'll project the expected return for Palantir over the next 10 years at today's price. To calculate the total expected return for the next decade, we grow the above free cash flow per share at our conservative growth rate, then assign a conservative Price-to-FCF multiple (35x) to it for year ten. Thereby, we create a conservative intrinsic value projection (2031 price target), by which we determine the 10-yr expected CAGR returns. If these returns beat our hurdle rate of 15%, we buy, else we wait for a better buying opportunity.</p><p><blockquote>为了让我们确定 Palantir 今天是否值得投资，我们将按今天的价格预测 Palantir 未来 10 年的预期回报。为了计算未来十年的总预期回报，我们以保守的增长率增长上述每股自由现金流，然后为第十年分配一个保守的价格与自由现金流倍数（35倍）。因此，我们创建了一个保守的内在价值预测（2031年价格目标），通过该预测我们确定10年预期CAGR回报。如果这些回报率超过我们15%的门槛，我们就买入，否则我们等待更好的买入机会。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/dc7e1db2ce3e749cd8088652a7029424\" tg-width=\"736\" tg-height=\"534\" width=\"100%\" height=\"auto\"><span>Source: L.A. Stevens Valuation Model</span></p><p><blockquote><p class=\"t-img-caption\"><span>资料来源：洛杉矶史蒂文斯估值模型</span></p></blockquote></p><p> Palantir is expected to generate ~20% annualized returns over the next 10 years, therefore, now is an ideal time to add to a position or start one. Palantir's expected to beat our 15% hurdle rate by a wide margin, hence I rate Palantir a strong buy around $20.</p><p><blockquote>Palantir 预计在未来 10 年内将产生约 20% 的年化回报率，因此，现在是加仓或开始建仓的理想时机。Palantir 预计将大幅超过我们 15% 的门槛，因此我将 Palantir 评级为 20 美元左右的强力买入。</blockquote></p><p> <b>Risks</b></p><p><blockquote><b>风险</b></blockquote></p><p> <ul>  <li><i>There are unforeseen risks given that cryptocurrency is a relatively new technology and there is uncertainty around future regulation.</i></p><p><blockquote><ul><li><i>鉴于加密货币是一项相对较新的技术，并且未来监管存在不确定性，因此存在不可预见的风险。</i></li></ul></blockquote></p><p></p><p></li> </ul> Palantir faces competition from both large incumbent tech companies such as Amazon(NASDAQ:AMZN)&nbsp;as well as startups such as Chainalysis. Palantir needs to offer solutions that generate alpha in digital environments that leverage future technological innovations. Chainalysis is a fintech startup that offers KYC and AML automated transaction monitoring on multiple blockchains, similar to Foundry for Crypto. Chainalysis raised $100 million this summer at a $4.2&nbsp;billion valuation and operates in over 60 countries. On the other side of the spectrum are the large tech giants such as Amazon, which started offering the Amazon Managed Blockchain service in 2018, which makes it easy to utilize blockchains such as Ethereum.</p><p><blockquote>Palantir 面临着来自亚马逊（纳斯达克股票代码：AMZN）等大型现有科技公司以及 Chainalysis 等初创公司的竞争。Palantir需要提供在数字环境中产生alpha的解决方案，利用未来的技术创新。Chainalysis是一家金融科技初创公司，在多个区块链上提供KYC和AML自动交易监控，类似于加密铸造厂。Chainalysis 今年夏天以 42 亿美元的估值筹集了 1 亿美元，业务遍及 60 多个国家。另一方面是亚马逊等大型科技巨头，该公司于2018年开始提供亚马逊托管区块链服务，这使得利用以太币等区块链变得容易。</blockquote></p><p> The intersection of digital payments resembles a large opportunity as the banks and card networks have incredibly large networks developed at scale. This results in a fintech landscape that is ripe for innovation and it will be increasingly more competitive, as the top 250 fintech unicorns have raised over $73&nbsp;billion since 2016. Palantir will rely on developing the next wave of AI solutions when it comes to payments, by deploying them for the government to create the core technology and then filtering the solution for the commercial sector.</p><p><blockquote>数字支付的交叉类似于一个巨大的机会，因为银行和信用卡网络已经大规模开发了令人难以置信的庞大网络。这导致金融科技格局的创新时机已经成熟，并且竞争将越来越激烈，因为自2016年以来，前250家金融科技独角兽已经筹集了超过730亿美元。在支付方面，Palantir 将依靠开发下一波人工智能解决方案，为政府部署这些解决方案来创建核心技术，然后为商业部门筛选解决方案。</blockquote></p><p> <b>Conclusion</b></p><p><blockquote><b>结论</b></blockquote></p><p> Palantir is at the forefront of the digital transformation underway as its platform is the connective tissue for modern organizations to generate insights from many sources of information. In regard to payments and fintech, Palantir has deep roots that link back to the early days of PayPal as Palantir's targeted the large financial institutions since the early 2010s. Palantir continues to expand its platform to apply its deep data insights to information within decentralized finance applications like smart contracts. Palantir's well-positioned to leverage its platform to connect the data from these blockchain applications and with its AI expertise to enable its customers to offer innovative fintech solutions.</p><p><blockquote>Palantir处于正在进行的数字化转型的最前沿，因为其平台是现代组织从许多信息源中生成见解的结缔组织。在支付和金融科技方面，Palantir 有着深厚的根基，可以追溯到PayPal的早期，因为 Palantir 自 2010 年代初以来一直瞄准大型金融机构。Palantir继续扩展其平台，将其深度数据洞察力应用于智能合约等去中心化金融应用程序中的信息。Palantir 处于有利地位，可以利用其平台连接来自这些区块链应用程序的数据，并利用其人工智能专业知识，使其客户能够提供创新的金融科技解决方案。</blockquote></p><p> I've been bullish on Palantir over the past year and trading below $20, Palantir represents an attractive price for long-term investors given that Palantir is a generational company and has strong ties to PayPal's early days. I rate Palantir a strong buy at $20.</p><p><blockquote>过去一年我一直看好 Palantir，交易价格低于 20 美元，鉴于 Palantir 是一家世代公司，并且与 PayPal 的早期有着密切的联系，Palantir 对长期投资者来说是一个有吸引力的价格。我以 20 美元的价格强力买入 Palantir。</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>Palantir Has Now Entered A New Dimension<blockquote>Palantir 现已进入一个新的维度</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\">\nPalantir Has Now Entered A New Dimension<blockquote>Palantir 现已进入一个新的维度</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Seeking Alpha</strong><span class=\"h-time small\">2021-12-13 11:13</span>\n</p>\n</h4>\n</header>\n<article>\n<p><b>Summary</b></p><p><blockquote><b>总结</b></blockquote></p><p> <ul>  <li>Palantir recently launched Foundry for Crypto to empower the future of finance.</li>  <li>Palantir now has the opportunity to leverage its platform's connective tissue to track the flow of funds within decentralized finance applications.</li>  <li>Palantir's worked with the IRS since 2013 and prior to the release of Foundry, Gotham was deployed for large financial institutions.</li>  <li>In today's article, I will highlight Palantir's roots that lead back to PayPal as well as Palantir's opportunity within fintech.</li> </ul> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/b19fbe474b2b948c1dd476507722b776\" tg-width=\"1536\" tg-height=\"864\" width=\"100%\" height=\"auto\"><span>Olemedia/E+ via Getty Images</span></p><p><blockquote><ul><li>Palantir最近推出了Foundry for Crypto，以赋能金融的未来。</li><li>Palantir现在有机会利用其平台的结缔组织来跟踪去中心化金融应用程序中的资金流动。</li><li>Palantir自2013年以来一直与美国国税局合作，在Foundry发布之前，Gotham被部署到大型金融机构。</li><li>在今天的文章中，我将重点介绍 Palantir 的PayPal根源以及 Palantir 在金融科技领域的机会。</li></ul><p class=\"t-img-caption\"><span>Olemedia/E+ 来自盖蒂图片社</span></p></blockquote></p><p> <b>Investment Thesis</b></p><p><blockquote><b>投资论文</b></blockquote></p><p> When it comes to Palantir (PLTR), most investors are excited by its government business as well as its opportunity in the commercial sector with Foundry for Builders. Today, ~60% of Palantir's business stems from the government, while the other portion comes from the commercial sector. Palantir's platform is known for its artificial intelligence (AI) and deep data insights that provide its customers with critical information to help maximize their profits. Palantir's solutions are built around \"mission-driven engineering\" to integrate information from siloed and unstructured data sets. In this article, we'll explore Palantir's roots that go back to the payments industry and PayPal.</p><p><blockquote>谈到 Palantir (PLTR)，大多数投资者对其政府业务以及其在商业领域为建筑商提供铸造厂的机会感到兴奋。如今，Palantir 约 60% 的业务来自政府，而另一部分来自商业部门。Palantir 的平台以其人工智能 (AI) 和深度数据洞察而闻名，可为客户提供关键信息，帮助他们实现利润最大化。Palantir的解决方案围绕“任务驱动的工程”构建，以整合来自孤岛和非结构化数据集的信息。在本文中，我们将探索 Palantir 的根源，可以追溯到支付行业和PayPal。</blockquote></p><p> PayPal and Palantir co-founder Peter Thiel approached fellow Palantir co-founder, Stephen Cohen, in 2004 and told him about his idea for Palantir, here's what he envisioned.</p><p><blockquote>PayPal和Palantir联合创始人Peter Thiel在2004年找到了Palantir联合创始人Stephen Cohen，告诉他他对Palantir的想法，以下是他的设想。</blockquote></p><p>   Let's take some of the ideas from the PayPal Anti-Fraud platform and let's try to generalize them to solve the country's counterterrorism problem. And we'll start by selling it directly to the U.S. Government.    And while we're at it, let's solve the generalized enterprise information management platforms that are out there. Let's help big enterprises use a Silicon Valley approach to understanding their data.\"-Stephen Cohen, 2013  Five years ago, a quarter of Palantir's business stemmed from the financial sector - while Palantir's connection to the fintech may not be clear on the surface, the company has a significant opportunity to deploy its AI, specifically Foundry, for fintech applications whether that's current banks or fintech companies such as Elementus, a blockchain analytics platform. Palantir currently serves the IRS and the current banking infrastructure as well as future innovative payment technologies such as cryptocurrencies and smart contracts.</p><p><blockquote>让我们从PayPal反欺诈平台中汲取一些想法，并尝试将它们概括起来，以解决国家的反恐问题。我们将首先直接卖给美国政府。同时，让我们来解决现有的通用企业信息管理平台。让我们帮助大型企业使用硅谷方法来理解他们的数据。”——Stephen Cohen，2013 五年前，Palantir 四分之一的业务来自金融领域——虽然 Palantir 与金融科技的联系表面上可能并不清楚，但该公司拥有为金融科技应用部署其人工智能（特别是 Foundry）的重大机会，无论是当前的银行还是区块链分析平台 Elementus 等金融科技公司。Palantir目前为美国国税局和当前的银行基础设施以及未来的创新支付技术（如加密货币和智能合约）提供服务。</blockquote></p><p> <b>Deep Roots In Payments</b></p><p><blockquote><b>深深扎根于支付</b></blockquote></p><p> Much of the Palantir \"DNA\" and culture is replicated from PayPal. Palantir's core technology was also inspired by PayPal, specifically PayPal's Anti-Fraud platform. Peter Thiel co-founded PayPal with Max Levchin and would later go on to co-find Palantir along with Nathan Gettings, Palantir's first chief technology officer, who was an engineer at PayPal where he worked closely with Levchin fighting payment fraud. This PayPal Anti-Fraud framework would go on to provide the fundamental building blocks for Palantir's first initiative to fight counterterrorism.</p><p><blockquote>Palantir的大部分“DNA”和文化是从PayPal复制的。Palantir的核心技术也受到了PayPal的启发，特别是PayPal的反欺诈平台。Peter Thiel与Max Levchin共同创立了PayPal，后来与Palantir的第一任首席技术官Nathan Gettings共同创立了Palantir，Nathan Gettings是PayPal的一名工程师，在那里他与Levchin密切合作，打击支付欺诈。这个PayPal反欺诈框架将继续为Palantir打击恐怖主义的第一个举措提供基本构件。</blockquote></p><p> Palantir deploys technology within the government that is similar to what it deploys for large financial institutions. The challenges that financial institutions must overcome are similar to those faced in the government context because there are many data sources and many systems that feed input into the financial service sector as well as the government sector. Palantir uses deep data analytics to identify patterns and trends within this information to help its customers manage risk and execute their plans to better navigate complex environments that are constantly changing.</p><p><blockquote>Palantir在政府内部部署的技术类似于它为大型金融机构部署的技术。金融机构必须克服的挑战与政府部门面临的挑战相似，因为有许多数据源和许多系统向金融服务部门和政府部门提供投入。Palantir使用深度数据分析来识别这些信息中的模式和趋势，以帮助其客户管理风险并执行他们的计划，以更好地驾驭不断变化的复杂环境。</blockquote></p><p> In 2016, about 25% of Palantir's business came from the financial sector as Palantir deployed its Gotham Platform to investigate fraud for large institutions, as reported in its S1. Palantir works with a lot of banks and replaced legacy technology that's been around for over 30 years. For example, Credit Suisse has used Palantir since 2013 to analyze risks and detect fraud using data from more than a&nbsp;hundred&nbsp;systems across their operations.</p><p><blockquote>2016年，Palantir约25%的业务来自金融领域，因为Palantir部署了其Gotham平台来调查大型机构的欺诈行为，正如其S1中所报告的那样。Palantir 与许多银行合作，取代了已经存在了 30 多年的传统技术。例如，瑞士信贷自 2013 年以来一直使用 Palantir，利用其运营中一百多个系统的数据来分析风险并检测欺诈。</blockquote></p><p> Palantir seeks to become the central operating system for&nbsp;entire industries&nbsp;rather than just a singular customer and Palantir sees an opportunity to create similar industry-wide partnerships within the financial services industry as it has within the U.S. government and aviation industry. Palantir's consistently winning government contracts while Palantir partnered with Airbus(OTCPK:EADSF)&nbsp;to launch&nbsp;SkyWise&nbsp;in 2017 and now works with over 100 airlines.</p><p><blockquote>Palantir 寻求成为整个行业的中央操作系统，而不仅仅是一个单一客户，Palantir 看到了在金融服务行业内建立类似于在美国政府和航空业的全行业合作伙伴关系的机会。Palantir 不断赢得政府合同，同时 Palantir 与空中客车公司 (OTCPK: EADSF) 合作，于 2017 年推出 SkyWise，目前与 100 多家航空公司合作。</blockquote></p><p> Significant Opportunity At Hand</p><p><blockquote>重大机遇即将到来</blockquote></p><p></p><p> On November 23, Palantir launched Foundry for Crypto, which will leverage Foundry's defined data integration to automatically build data pipelines and convert unorganized data into a transparent hub.</p><p><blockquote>11月23日，Palantir推出了Foundry for Crypto，它将利用Foundry定义的数据集成来自动构建数据管道，并将无组织的数据转换为透明的中心。</blockquote></p><p> Foundry for Crypto will enable Web3 startups to leverage the technology that financial institutions use to fight crime. With the current digital transformation underway and the rise of cryptocurrencies and blockchain technologies, Palantir leverages its data expertise to power the next generation of finance software.</p><p><blockquote>Foundry for Crypto将使Web3初创公司能够利用金融机构用来打击犯罪的技术。随着当前数字化转型的进行以及加密货币和区块链技术的兴起，Palantir利用其数据专业知识为下一代金融软件提供动力。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/3f2a3fb5ad32eff1f464c225cc4b1f1c\" tg-width=\"1280\" tg-height=\"621\" width=\"100%\" height=\"auto\"><span>Source: Offerings | Crypto</span></p><p><blockquote><p class=\"t-img-caption\"><span>资料来源：产品 | Crypto</span></p></blockquote></p><p> As indicated above, Palantir is chain-agnostic, meaning that Palantir works with multiple blockchains. Palantir integrates transaction data as well as smart contract data which will enable Palantir to leverage the core competencies of its AI and data analysis to provide its KYC (Know-Your-Customer) insights. For example, if somebody were to make a transaction using cryptocurrency from a non-custodial wallet, then it'd typically be a challenge to decipher KYC information from that wallet since the blockchain itself is encrypted and decentralized. Palantir traces the assets in a non-custodial wallet and tracks where the assets were transferred from. This allows Palantir to locate the exchange the asset was originally transferred from and then Palantir can track customer data from the crypto exchange where the asset was purchased, like Coinbase.</p><p><blockquote>如上所述，Palantir是链不可知的，这意味着Palantir可以与多个区块链合作。Palantir整合了交易数据和智能合约数据，这将使Palantir能够利用其人工智能和数据分析的核心能力来提供KYC（了解你的客户）见解。例如，如果有人从非托管钱包中使用加密货币进行交易，那么从该钱包中解密KYC信息通常是一个挑战，因为区块链本身是加密和分散的。Palantir跟踪非托管钱包中的资产，并跟踪资产的转移位置。这使得 Palantir 能够找到最初转移资产的交易所，然后 Palantir 可以跟踪购买资产的加密货币交易所（如 Coinbase）的客户数据。</blockquote></p><p> The example above highlights how Palantir digs deep and scrapes the data from the blockchain to learn about a specific individual. This goes a long way in validating secure transactions as Palantir identifies malicious transactions on the blockchain, based on the transaction's location and specific properties. Companies that want to accept cryptocurrencies need secure solutions while they also want to gather insights around their customers to propel their businesses. BNPL companies, like Affirm, which was started by Max Levchin and Nathan Gettings, use advanced risk modeling (also referred to as AI) to offer consumers more fair credit assessments because BNPL companies have access to essential data from both the merchant and the consumer. Palantir could leverage its AI and data insights to help its customers better understand their clientele to offer targeted marketing campaigns or help them identify opportunities that will decrease expenses.</p><p><blockquote>上面的例子强调了Palantir如何深入挖掘和从区块链中抓取数据来了解特定个人。这在验证安全交易方面有很大帮助，因为Palantir会根据交易的位置和特定属性识别区块链上的恶意交易。想要接受加密货币的公司需要安全的解决方案，同时他们也希望收集客户周围的见解来推动他们的业务。BNPL 公司，例如由 Max Levchin 和 Nathan Gettings 创办的 Affirm，使用高级风险建模（也称为 AI）为消费者提供更公平的信用评估，因为 BNPL 公司可以访问商家和消费者的基本数据。Palantir 可以利用其人工智能和数据洞察力来帮助客户更好地了解他们的客户，以提供有针对性的营销活动或帮助他们识别降低费用的机会。</blockquote></p><p> Foundry for Crypto is still in its early adoption stage as it was recently rolled out and Palantir has multiple opportunities to implement this platform in a variety of industries as payment technology continues to evolve and will reshape the current payments landscape.</p><p><blockquote>Foundry for Crypto仍处于早期采用阶段，因为它是最近推出的，随着支付技术的不断发展并将重塑当前的支付格局，Palantir有多个机会在各种行业实施该平台。</blockquote></p><p> Smart contracts are another significant opportunity for Palantir. Smart contracts are a set of protocols that are validated and carried out on the flow of data, meaning that once the contract is fulfilled, the data will indicate the contract is satisfied and ensure that the liable party transfers the agreed-upon funds. Palantir has a great opportunity to play a role in the facilitation of data within smart contracts while removing the costs of working with third networks and banks.</p><p><blockquote>智能合约是 Palantir 的另一个重要机遇。智能合约是一组对数据流进行验证和执行的协议，这意味着一旦合同履行，数据将表明合同得到满足，并确保责任方转移约定的资金。Palantir有很好的机会在促进智能合约中的数据方面发挥作用，同时消除与第三方网络和银行合作的成本。</blockquote></p><p> One of Palantir's SPAC investments, BlackSky, deploys Foundry and processes real-time satellite imagery to monitor events taking place on Earth. For example, BlackSky can detect if the shipment has been delivered since BlackSky's satellites take images multiple times throughout the day. BlackSky monitors data and information that can only be processed through imagery and is the custodian of monitoring these actions and generating these actions into data points, so that they can inform smart contracts as to whether or not the contract was satisfied. This is a great example of how Palantir's customers may leverage Foundry to process information relating to digital assets and new digital protocols.</p><p><blockquote>Palantir 的 SPAC 投资之一 BlackSky 部署铸造厂并处理实时卫星图像来监控地球上发生的事件。例如，BlackSky可以检测货物是否已经交付，因为BlackSky的卫星全天多次拍摄图像。BlackSky监控只能通过图像处理的数据和信息，并且是监控这些动作并将这些动作生成数据点的保管人，这样他们就可以告知智能合约合同是否得到满足。这是Palantir的客户如何利用Foundry来处理与数字资产和新数字协议相关的信息的一个很好的例子。</blockquote></p><p> <b>The Government's Implemented Palantir's \"FinTech\" Solution Since 2013</b></p><p><blockquote><b>政府自2013年起实施Palantir的“金融科技”解决方案</b></blockquote></p><p> The IRS started working with Palantir in 2013 and Palantir continues to land and expand its partnership with the IRS as it's been awarded nearly $20 million from them over the last 12 months.</p><p><blockquote>美国国税局于2013年开始与Palantir合作，Palantir继续建立并扩大与美国国税局的合作伙伴关系，因为在过去12个月中，它从他们那里获得了近2000万美元的奖励。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/e748221a3ed9fc319e2be6ebf40a8e95\" tg-width=\"956\" tg-height=\"524\" width=\"100%\" height=\"auto\"><span>Source: USAspending.gov</span></p><p><blockquote><p class=\"t-img-caption\"><span>资料来源：USAspending.gov</span></p></blockquote></p><p> In May, the IRS launched \"Operation Hidden Gem\", which is an initiative to focus on taxpayers who don't report cryptocurrencies gains. Carolyn Schenck, National Fraud Counsel for the IRS, recently had the&nbsp;following&nbsp;in regards to cryptocurrencies.</p><p><blockquote>5月，美国国税局启动了“隐藏宝石行动”，这是一项针对不报告加密货币收益的纳税人的举措。美国国税局的国家欺诈法律顾问卡罗琳·申克（Carolyn Schenck）最近对加密货币发表了以下看法。</blockquote></p><p></p><p>   These transactions are not anonymous, we see you.\"  Another issue around crypto fraud, which Palantir's AML is designed to detect, is similar to PayPal's Anti-Fraud platform. The IRS recently revealed in its annual report that it seized&nbsp;$3.5 billion&nbsp;so far this year from cryptocurrency-related fraud. Palantir enables the IRS with the solutions that decipher criminal financial schemes and analyzes a variety of data sources in real-time. In the past, Palantir allowed the IRS to track the flow of funds or the flow of assets. For example, if someone were to transfer assets to a bank in the Cayman Islands and then withdraw the cash in the U.S. and use it for a&nbsp;down payment&nbsp;on something like an additional property, Palantir's deep data analysis will connect this information that's siloed, and present it to the IRS so that they can handle the specific situations accordingly.</p><p><blockquote>这些交易不是匿名的，我们看到了你。”Palantir 的 AML 旨在检测加密货币欺诈的另一个问题与 PayPal 的反欺诈平台类似。美国国税局最近在其年度报告中透露，今年迄今为止，它从加密货币相关欺诈中查获了35亿美元。Palantir为美国国税局提供破译犯罪金融计划和实时分析各种数据源的解决方案。过去，Palantir允许国税局跟踪资金流动或资产流动。例如，如果有人将资产转移到开曼群岛的一家银行，然后在美国提取现金，并用它来支付额外房产等的首付，Palantir 的深度数据分析将连接这些孤立的信息，并将其提交给国税局，以便他们可以相应地处理具体情况。</blockquote></p><p> Based on Palantir's recent launch of Foundry for Crypto, Palantir could already be using its platform to provide real value for the U.S. government. As more information moves online and it becomes more complex to track complex digital assets, Palantir's technology remains one step ahead of trends when it comes to AI. Palantir continuously creates out-of-the-box solutions for the government, it then filters for commercial use cases.</p><p><blockquote>根据 Palantir 最近推出的 Foundry for Crypto，Palantir 可能已经在使用其平台为美国政府提供真正的价值。随着越来越多的信息转移到网上，跟踪复杂的数字资产变得越来越复杂，Palantir的技术在人工智能方面仍然领先趋势一步。Palantir不断为政府创造开箱即用的解决方案，然后筛选商业用例。</blockquote></p><p> Now, let's use the L.A. Valuation Stevens Model to provide an updated fair value, then discuss risks associated with Palantir's entrance into crypto.</p><p><blockquote>现在，让我们使用洛杉矶估值史蒂文斯模型来提供更新的公允价值，然后讨论与 Palantir 进入加密货币相关的风险。</blockquote></p><p> <b>Valuation</b></p><p><blockquote><b>估值</b></blockquote></p><p> Palantir continues to land new commercial clients and demonstrate the value of its platform through strong quarterly results. In Q3, Palantir grew its commercial customer count by 46% quarter-over-quarter to over 200 customers. Below are some of Palantir's notable financial metrics.</p><p><blockquote>Palantir 继续获得新的商业客户，并通过强劲的季度业绩展示其平台的价值。第三季度，Palantir 的商业客户数量环比增长 46%，达到 200 多家。以下是 Palantir 的一些著名财务指标。</blockquote></p><p> <ul>  <li>$1.43B in TTM revenue</p><p><blockquote><ul><li>$1.43B TTM 收入</li></ul></blockquote></p><p></li>  <li>77% gross profit margins</p><p><blockquote><li>77% 毛利率</li></blockquote></p><p></li>  <li>$120 billion TAM</p><p><blockquote><li>1200亿美元TAM</li></blockquote></p><p></li> </ul> <b>Palantir's Fair Value And Expected Return</b></p><p><blockquote><b>Palantir 的公允价值和预期回报</b></blockquote></p><p> To determine Palantir's fair value, we will employ our proprietary valuation model. Here's what it entails:</p><p><blockquote>为厘定Palantir的公允价值，我们将采用我们的专有估值模型。以下是它需要的内容：</blockquote></p><p> <ul>  <li>In step 1, we use a traditional DCF model with free cash flow discounted by our (shareholders) cost of capital.</p><p><blockquote><ul><li>在第一步中，我们使用传统的DCF模型，自由现金流被我们（股东）的资本成本贴现。</li></ul></blockquote></p><p></li>  <li>In step 2, the model accounts for the effects of the change in shares outstanding (buybacks/dilutions).</p><p><blockquote><li>在步骤2中，该模型考虑了流通股变化（回购/稀释）的影响。</li></blockquote></p><p></li>  <li>In step 3, we normalize valuation for future growth prospects at the end of the ten years. Then, we arrive at a CAGR using today's share price and the projected share price at the end of 10 years. If this beats the market by enough of a margin, we invest. If not, we wait for a better entry point.</p><p><blockquote><li>在第三步中，我们在十年结束时对未来增长前景进行估值正常化。然后，我们使用今天的股价和 10 年底的预计股价得出 CAGR。如果这比市场有足够的优势，我们就会投资。如果没有，我们等待更好的切入点。</li></blockquote></p><p></li> </ul> Assumptions:</p><p><blockquote>假设：</blockquote></p><p> <img src=\"https://static.tigerbbs.com/5f1499608f487046f492724343ce6250\" tg-width=\"934\" tg-height=\"572\" width=\"100%\" height=\"auto\"></p><p><blockquote></blockquote></p><p> Results:</p><p><blockquote>结果：</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/cad4b65a88b3612deb98a837e64a5193\" tg-width=\"738\" tg-height=\"912\" width=\"100%\" height=\"auto\"><span>Source: L.A. Stevens Valuation Model</span></p><p><blockquote><p class=\"t-img-caption\"><span>资料来源：洛杉矶史蒂文斯估值模型</span></p></blockquote></p><p> Based on conservative estimates, Palantir is worth ~$31 today when accounting for future dilution, hence Palantir is significantly undervalued.</p><p><blockquote>根据保守估计，考虑到未来的稀释，Palantir 目前的价值约为 31 美元，因此 Palantir 被严重低估。</blockquote></p><p> In order for us to determine if Palantir is worth an investment today, we'll project the expected return for Palantir over the next 10 years at today's price. To calculate the total expected return for the next decade, we grow the above free cash flow per share at our conservative growth rate, then assign a conservative Price-to-FCF multiple (35x) to it for year ten. Thereby, we create a conservative intrinsic value projection (2031 price target), by which we determine the 10-yr expected CAGR returns. If these returns beat our hurdle rate of 15%, we buy, else we wait for a better buying opportunity.</p><p><blockquote>为了让我们确定 Palantir 今天是否值得投资，我们将按今天的价格预测 Palantir 未来 10 年的预期回报。为了计算未来十年的总预期回报，我们以保守的增长率增长上述每股自由现金流，然后为第十年分配一个保守的价格与自由现金流倍数（35倍）。因此，我们创建了一个保守的内在价值预测（2031年价格目标），通过该预测我们确定10年预期CAGR回报。如果这些回报率超过我们15%的门槛，我们就买入，否则我们等待更好的买入机会。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/dc7e1db2ce3e749cd8088652a7029424\" tg-width=\"736\" tg-height=\"534\" width=\"100%\" height=\"auto\"><span>Source: L.A. Stevens Valuation Model</span></p><p><blockquote><p class=\"t-img-caption\"><span>资料来源：洛杉矶史蒂文斯估值模型</span></p></blockquote></p><p> Palantir is expected to generate ~20% annualized returns over the next 10 years, therefore, now is an ideal time to add to a position or start one. Palantir's expected to beat our 15% hurdle rate by a wide margin, hence I rate Palantir a strong buy around $20.</p><p><blockquote>Palantir 预计在未来 10 年内将产生约 20% 的年化回报率，因此，现在是加仓或开始建仓的理想时机。Palantir 预计将大幅超过我们 15% 的门槛，因此我将 Palantir 评级为 20 美元左右的强力买入。</blockquote></p><p> <b>Risks</b></p><p><blockquote><b>风险</b></blockquote></p><p> <ul>  <li><i>There are unforeseen risks given that cryptocurrency is a relatively new technology and there is uncertainty around future regulation.</i></p><p><blockquote><ul><li><i>鉴于加密货币是一项相对较新的技术，并且未来监管存在不确定性，因此存在不可预见的风险。</i></li></ul></blockquote></p><p></p><p></li> </ul> Palantir faces competition from both large incumbent tech companies such as Amazon(NASDAQ:AMZN)&nbsp;as well as startups such as Chainalysis. Palantir needs to offer solutions that generate alpha in digital environments that leverage future technological innovations. Chainalysis is a fintech startup that offers KYC and AML automated transaction monitoring on multiple blockchains, similar to Foundry for Crypto. Chainalysis raised $100 million this summer at a $4.2&nbsp;billion valuation and operates in over 60 countries. On the other side of the spectrum are the large tech giants such as Amazon, which started offering the Amazon Managed Blockchain service in 2018, which makes it easy to utilize blockchains such as Ethereum.</p><p><blockquote>Palantir 面临着来自亚马逊（纳斯达克股票代码：AMZN）等大型现有科技公司以及 Chainalysis 等初创公司的竞争。Palantir需要提供在数字环境中产生alpha的解决方案，利用未来的技术创新。Chainalysis是一家金融科技初创公司，在多个区块链上提供KYC和AML自动交易监控，类似于加密铸造厂。Chainalysis 今年夏天以 42 亿美元的估值筹集了 1 亿美元，业务遍及 60 多个国家。另一方面是亚马逊等大型科技巨头，该公司于2018年开始提供亚马逊托管区块链服务，这使得利用以太币等区块链变得容易。</blockquote></p><p> The intersection of digital payments resembles a large opportunity as the banks and card networks have incredibly large networks developed at scale. This results in a fintech landscape that is ripe for innovation and it will be increasingly more competitive, as the top 250 fintech unicorns have raised over $73&nbsp;billion since 2016. Palantir will rely on developing the next wave of AI solutions when it comes to payments, by deploying them for the government to create the core technology and then filtering the solution for the commercial sector.</p><p><blockquote>数字支付的交叉类似于一个巨大的机会，因为银行和信用卡网络已经大规模开发了令人难以置信的庞大网络。这导致金融科技格局的创新时机已经成熟，并且竞争将越来越激烈，因为自2016年以来，前250家金融科技独角兽已经筹集了超过730亿美元。在支付方面，Palantir 将依靠开发下一波人工智能解决方案，为政府部署这些解决方案来创建核心技术，然后为商业部门筛选解决方案。</blockquote></p><p> <b>Conclusion</b></p><p><blockquote><b>结论</b></blockquote></p><p> Palantir is at the forefront of the digital transformation underway as its platform is the connective tissue for modern organizations to generate insights from many sources of information. In regard to payments and fintech, Palantir has deep roots that link back to the early days of PayPal as Palantir's targeted the large financial institutions since the early 2010s. Palantir continues to expand its platform to apply its deep data insights to information within decentralized finance applications like smart contracts. Palantir's well-positioned to leverage its platform to connect the data from these blockchain applications and with its AI expertise to enable its customers to offer innovative fintech solutions.</p><p><blockquote>Palantir处于正在进行的数字化转型的最前沿，因为其平台是现代组织从许多信息源中生成见解的结缔组织。在支付和金融科技方面，Palantir 有着深厚的根基，可以追溯到PayPal的早期，因为 Palantir 自 2010 年代初以来一直瞄准大型金融机构。Palantir继续扩展其平台，将其深度数据洞察力应用于智能合约等去中心化金融应用程序中的信息。Palantir 处于有利地位，可以利用其平台连接来自这些区块链应用程序的数据，并利用其人工智能专业知识，使其客户能够提供创新的金融科技解决方案。</blockquote></p><p> I've been bullish on Palantir over the past year and trading below $20, Palantir represents an attractive price for long-term investors given that Palantir is a generational company and has strong ties to PayPal's early days. I rate Palantir a strong buy at $20.</p><p><blockquote>过去一年我一直看好 Palantir，交易价格低于 20 美元，鉴于 Palantir 是一家世代公司，并且与 PayPal 的早期有着密切的联系，Palantir 对长期投资者来说是一个有吸引力的价格。我以 20 美元的价格强力买入 Palantir。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://seekingalpha.com/article/4474525-palantir-stock-foundry-for-crypto-fintech-opportunity\">Seeking Alpha</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"PLTR":"Palantir Technologies Inc."},"source_url":"https://seekingalpha.com/article/4474525-palantir-stock-foundry-for-crypto-fintech-opportunity","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1163753909","content_text":"Summary\n\nPalantir recently launched Foundry for Crypto to empower the future of finance.\nPalantir now has the opportunity to leverage its platform's connective tissue to track the flow of funds within decentralized finance applications.\nPalantir's worked with the IRS since 2013 and prior to the release of Foundry, Gotham was deployed for large financial institutions.\nIn today's article, I will highlight Palantir's roots that lead back to PayPal as well as Palantir's opportunity within fintech.\n\nOlemedia/E+ via Getty Images\nInvestment Thesis\nWhen it comes to Palantir (PLTR), most investors are excited by its government business as well as its opportunity in the commercial sector with Foundry for Builders. Today, ~60% of Palantir's business stems from the government, while the other portion comes from the commercial sector. Palantir's platform is known for its artificial intelligence (AI) and deep data insights that provide its customers with critical information to help maximize their profits. Palantir's solutions are built around \"mission-driven engineering\" to integrate information from siloed and unstructured data sets. In this article, we'll explore Palantir's roots that go back to the payments industry and PayPal.\nPayPal and Palantir co-founder Peter Thiel approached fellow Palantir co-founder, Stephen Cohen, in 2004 and told him about his idea for Palantir, here's what he envisioned.\n\n Let's take some of the ideas from the PayPal Anti-Fraud platform and let's try to generalize them to solve the country's counterterrorism problem. And we'll start by selling it directly to the U.S. Government.\n\n\n And while we're at it, let's solve the generalized enterprise information management platforms that are out there. Let's help big enterprises use a Silicon Valley approach to understanding their data.\"-Stephen Cohen, 2013\n\nFive years ago, a quarter of Palantir's business stemmed from the financial sector - while Palantir's connection to the fintech may not be clear on the surface, the company has a significant opportunity to deploy its AI, specifically Foundry, for fintech applications whether that's current banks or fintech companies such as Elementus, a blockchain analytics platform. Palantir currently serves the IRS and the current banking infrastructure as well as future innovative payment technologies such as cryptocurrencies and smart contracts.\nDeep Roots In Payments\nMuch of the Palantir \"DNA\" and culture is replicated from PayPal. Palantir's core technology was also inspired by PayPal, specifically PayPal's Anti-Fraud platform. Peter Thiel co-founded PayPal with Max Levchin and would later go on to co-find Palantir along with Nathan Gettings, Palantir's first chief technology officer, who was an engineer at PayPal where he worked closely with Levchin fighting payment fraud. This PayPal Anti-Fraud framework would go on to provide the fundamental building blocks for Palantir's first initiative to fight counterterrorism.\nPalantir deploys technology within the government that is similar to what it deploys for large financial institutions. The challenges that financial institutions must overcome are similar to those faced in the government context because there are many data sources and many systems that feed input into the financial service sector as well as the government sector. Palantir uses deep data analytics to identify patterns and trends within this information to help its customers manage risk and execute their plans to better navigate complex environments that are constantly changing.\nIn 2016, about 25% of Palantir's business came from the financial sector as Palantir deployed its Gotham Platform to investigate fraud for large institutions, as reported in its S1. Palantir works with a lot of banks and replaced legacy technology that's been around for over 30 years. For example, Credit Suisse has used Palantir since 2013 to analyze risks and detect fraud using data from more than a hundred systems across their operations.\nPalantir seeks to become the central operating system for entire industries rather than just a singular customer and Palantir sees an opportunity to create similar industry-wide partnerships within the financial services industry as it has within the U.S. government and aviation industry. Palantir's consistently winning government contracts while Palantir partnered with Airbus(OTCPK:EADSF) to launch SkyWise in 2017 and now works with over 100 airlines.\nSignificant Opportunity At Hand\nOn November 23, Palantir launched Foundry for Crypto, which will leverage Foundry's defined data integration to automatically build data pipelines and convert unorganized data into a transparent hub.\nFoundry for Crypto will enable Web3 startups to leverage the technology that financial institutions use to fight crime. With the current digital transformation underway and the rise of cryptocurrencies and blockchain technologies, Palantir leverages its data expertise to power the next generation of finance software.\nSource: Offerings | Crypto\nAs indicated above, Palantir is chain-agnostic, meaning that Palantir works with multiple blockchains. Palantir integrates transaction data as well as smart contract data which will enable Palantir to leverage the core competencies of its AI and data analysis to provide its KYC (Know-Your-Customer) insights. For example, if somebody were to make a transaction using cryptocurrency from a non-custodial wallet, then it'd typically be a challenge to decipher KYC information from that wallet since the blockchain itself is encrypted and decentralized. Palantir traces the assets in a non-custodial wallet and tracks where the assets were transferred from. This allows Palantir to locate the exchange the asset was originally transferred from and then Palantir can track customer data from the crypto exchange where the asset was purchased, like Coinbase.\nThe example above highlights how Palantir digs deep and scrapes the data from the blockchain to learn about a specific individual. This goes a long way in validating secure transactions as Palantir identifies malicious transactions on the blockchain, based on the transaction's location and specific properties. Companies that want to accept cryptocurrencies need secure solutions while they also want to gather insights around their customers to propel their businesses. BNPL companies, like Affirm, which was started by Max Levchin and Nathan Gettings, use advanced risk modeling (also referred to as AI) to offer consumers more fair credit assessments because BNPL companies have access to essential data from both the merchant and the consumer. Palantir could leverage its AI and data insights to help its customers better understand their clientele to offer targeted marketing campaigns or help them identify opportunities that will decrease expenses.\nFoundry for Crypto is still in its early adoption stage as it was recently rolled out and Palantir has multiple opportunities to implement this platform in a variety of industries as payment technology continues to evolve and will reshape the current payments landscape.\nSmart contracts are another significant opportunity for Palantir. Smart contracts are a set of protocols that are validated and carried out on the flow of data, meaning that once the contract is fulfilled, the data will indicate the contract is satisfied and ensure that the liable party transfers the agreed-upon funds. Palantir has a great opportunity to play a role in the facilitation of data within smart contracts while removing the costs of working with third networks and banks.\nOne of Palantir's SPAC investments, BlackSky, deploys Foundry and processes real-time satellite imagery to monitor events taking place on Earth. For example, BlackSky can detect if the shipment has been delivered since BlackSky's satellites take images multiple times throughout the day. BlackSky monitors data and information that can only be processed through imagery and is the custodian of monitoring these actions and generating these actions into data points, so that they can inform smart contracts as to whether or not the contract was satisfied. This is a great example of how Palantir's customers may leverage Foundry to process information relating to digital assets and new digital protocols.\nThe Government's Implemented Palantir's \"FinTech\" Solution Since 2013\nThe IRS started working with Palantir in 2013 and Palantir continues to land and expand its partnership with the IRS as it's been awarded nearly $20 million from them over the last 12 months.\nSource: USAspending.gov\nIn May, the IRS launched \"Operation Hidden Gem\", which is an initiative to focus on taxpayers who don't report cryptocurrencies gains. Carolyn Schenck, National Fraud Counsel for the IRS, recently had the following in regards to cryptocurrencies.\n\n These transactions are not anonymous, we see you.\"\n\nAnother issue around crypto fraud, which Palantir's AML is designed to detect, is similar to PayPal's Anti-Fraud platform. The IRS recently revealed in its annual report that it seized $3.5 billion so far this year from cryptocurrency-related fraud. Palantir enables the IRS with the solutions that decipher criminal financial schemes and analyzes a variety of data sources in real-time. In the past, Palantir allowed the IRS to track the flow of funds or the flow of assets. For example, if someone were to transfer assets to a bank in the Cayman Islands and then withdraw the cash in the U.S. and use it for a down payment on something like an additional property, Palantir's deep data analysis will connect this information that's siloed, and present it to the IRS so that they can handle the specific situations accordingly.\nBased on Palantir's recent launch of Foundry for Crypto, Palantir could already be using its platform to provide real value for the U.S. government. As more information moves online and it becomes more complex to track complex digital assets, Palantir's technology remains one step ahead of trends when it comes to AI. Palantir continuously creates out-of-the-box solutions for the government, it then filters for commercial use cases.\nNow, let's use the L.A. Valuation Stevens Model to provide an updated fair value, then discuss risks associated with Palantir's entrance into crypto.\nValuation\nPalantir continues to land new commercial clients and demonstrate the value of its platform through strong quarterly results. In Q3, Palantir grew its commercial customer count by 46% quarter-over-quarter to over 200 customers. Below are some of Palantir's notable financial metrics.\n\n$1.43B in TTM revenue\n77% gross profit margins\n$120 billion TAM\n\nPalantir's Fair Value And Expected Return\nTo determine Palantir's fair value, we will employ our proprietary valuation model. Here's what it entails:\n\nIn step 1, we use a traditional DCF model with free cash flow discounted by our (shareholders) cost of capital.\nIn step 2, the model accounts for the effects of the change in shares outstanding (buybacks/dilutions).\nIn step 3, we normalize valuation for future growth prospects at the end of the ten years. Then, we arrive at a CAGR using today's share price and the projected share price at the end of 10 years. If this beats the market by enough of a margin, we invest. If not, we wait for a better entry point.\n\nAssumptions:\n\nResults:\nSource: L.A. Stevens Valuation Model\nBased on conservative estimates, Palantir is worth ~$31 today when accounting for future dilution, hence Palantir is significantly undervalued.\nIn order for us to determine if Palantir is worth an investment today, we'll project the expected return for Palantir over the next 10 years at today's price. To calculate the total expected return for the next decade, we grow the above free cash flow per share at our conservative growth rate, then assign a conservative Price-to-FCF multiple (35x) to it for year ten. Thereby, we create a conservative intrinsic value projection (2031 price target), by which we determine the 10-yr expected CAGR returns. If these returns beat our hurdle rate of 15%, we buy, else we wait for a better buying opportunity.\nSource: L.A. Stevens Valuation Model\nPalantir is expected to generate ~20% annualized returns over the next 10 years, therefore, now is an ideal time to add to a position or start one. Palantir's expected to beat our 15% hurdle rate by a wide margin, hence I rate Palantir a strong buy around $20.\nRisks\n\nThere are unforeseen risks given that cryptocurrency is a relatively new technology and there is uncertainty around future regulation.\n\nPalantir faces competition from both large incumbent tech companies such as Amazon(NASDAQ:AMZN) as well as startups such as Chainalysis. Palantir needs to offer solutions that generate alpha in digital environments that leverage future technological innovations. Chainalysis is a fintech startup that offers KYC and AML automated transaction monitoring on multiple blockchains, similar to Foundry for Crypto. Chainalysis raised $100 million this summer at a $4.2 billion valuation and operates in over 60 countries. On the other side of the spectrum are the large tech giants such as Amazon, which started offering the Amazon Managed Blockchain service in 2018, which makes it easy to utilize blockchains such as Ethereum.\nThe intersection of digital payments resembles a large opportunity as the banks and card networks have incredibly large networks developed at scale. This results in a fintech landscape that is ripe for innovation and it will be increasingly more competitive, as the top 250 fintech unicorns have raised over $73 billion since 2016. Palantir will rely on developing the next wave of AI solutions when it comes to payments, by deploying them for the government to create the core technology and then filtering the solution for the commercial sector.\nConclusion\nPalantir is at the forefront of the digital transformation underway as its platform is the connective tissue for modern organizations to generate insights from many sources of information. In regard to payments and fintech, Palantir has deep roots that link back to the early days of PayPal as Palantir's targeted the large financial institutions since the early 2010s. Palantir continues to expand its platform to apply its deep data insights to information within decentralized finance applications like smart contracts. Palantir's well-positioned to leverage its platform to connect the data from these blockchain applications and with its AI expertise to enable its customers to offer innovative fintech solutions.\nI've been bullish on Palantir over the past year and trading below $20, Palantir represents an attractive price for long-term investors given that Palantir is a generational company and has strong ties to PayPal's early days. I rate Palantir a strong buy at $20.","news_type":1,"symbols_score_info":{"PLTR":0.9}},"isVote":1,"tweetType":1,"viewCount":3277,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":604390130,"gmtCreate":1639327805009,"gmtModify":1639327805194,"author":{"id":"3568940418649845","authorId":"3568940418649845","name":"Chrnox","avatar":"https://static.tigerbbs.com/d8298e6f2695e61a0ffe90273947e675","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3568940418649845","authorIdStr":"3568940418649845"},"themes":[],"title":"","htmlText":"[What]&nbsp;","listText":"[What]&nbsp;","text":"[What]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/604390130","repostId":"1103250344","repostType":4,"repost":{"id":"1103250344","kind":"news","pubTimestamp":1639280672,"share":"https://www.laohunote.com/m/news/1103250344?lang=zh_CN&edition=full","pubTime":"2021-12-12 11:44","market":"us","language":"en","title":"US IPO Week Ahead: IoT solutions, wine, and satellites in a 3 IPO week<blockquote>美国 IPO 周即将到来：物联网解决方案、葡萄酒和卫星在 IPO 第三周</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1103250344","media":"renaissancecap...","summary":"The IPO market is expected to stay relatively quiet in the week ahead with three IPOs scheduled to r","content":"<p>The IPO market is expected to stay relatively quiet in the week ahead with three IPOs scheduled to raise $789 million.</p><p><blockquote>预计未来一周IPO市场将保持相对平静，三次IPO计划筹集7.89亿美元。</blockquote></p><p> IoT solutions developer<b>Samsara</b>(IOT) plans to raise $753 million at an $11.6 billion market cap. This \"internet-of-things\" company provides a cloud-based platform that connects the assets of businesses with physical operations, enhancing operational efficiency and asset and employee productivity. Fast growing but highly unprofitable, Samsara saw double-digit growth for customers with $100k+ ARR in the 9mo FY22.</p><p><blockquote>物联网解决方案开发商<b>轮回</b>（物联网）计划以116亿美元的市值筹集7.53亿美元。这家“物联网”公司提供了一个基于云的平台，将企业的资产与物理运营连接起来，提高了运营效率以及资产和员工的生产力。快速增长但高度无利可图，Samsara 在 2022 财年的 9 个月中，ARR 超过 10 万美元的客户实现了两位数的增长。</blockquote></p><p> Wine brand<b>Fresh Vine Wine</b>(VINE) plans to raise $21 million at a $116 million market cap. This celebrity-founded company produces low carb, low calorie premium wines. Growing but highly unprofitable, Fresh Vine sells its wines through wholesale, retail, and DTC channels, and is able to conduct wholesale distribution in all 50 states and Puerto Rico.</p><p><blockquote>葡萄酒品牌<b>新鲜葡萄酒</b>(VINE) 计划以 1.16 亿美元的市值筹集 2100 万美元。这家名人创办的公司生产低碳水化合物、低热量的优质葡萄酒。Fresh Vine正在增长，但非常无利可图，它通过批发、零售和DTC渠道销售葡萄酒，并能够在所有50个州和波多黎各进行批发分销。</blockquote></p><p> Micro-cap satellite developer<b>Sidus Space</b>(SIDU) plans to raise $15 million at an $81 million market cap. This company provides commercial satellite services such as design, manufacture, launch, and data collection. &nbsp;Sidus Space has generated space-related manufacturing revenues to date, but is highly unprofitable with negative gross margin in the 9mo21.</p><p><blockquote>微帽卫星显影剂<b>Sidus空间</b>（SIDU）计划以8100万美元的市值筹集1500万美元。该公司提供商业卫星服务，如设计、制造、发射和数据收集。Sidus Space 迄今为止已产生与航天相关的制造收入，但在 2021 年 9 月毛利率为负，高度无利可图。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/ead80e54642569e2b7b368c8d50dc265\" tg-width=\"1409\" tg-height=\"457\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p></p>","source":"lsy1619493174116","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>US IPO Week Ahead: IoT solutions, wine, and satellites in a 3 IPO week<blockquote>美国 IPO 周即将到来：物联网解决方案、葡萄酒和卫星在 IPO 第三周</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\">\nUS IPO Week Ahead: IoT solutions, wine, and satellites in a 3 IPO week<blockquote>美国 IPO 周即将到来：物联网解决方案、葡萄酒和卫星在 IPO 第三周</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">renaissancecap...</strong><span class=\"h-time small\">2021-12-12 11:44</span>\n</p>\n</h4>\n</header>\n<article>\n<p>The IPO market is expected to stay relatively quiet in the week ahead with three IPOs scheduled to raise $789 million.</p><p><blockquote>预计未来一周IPO市场将保持相对平静，三次IPO计划筹集7.89亿美元。</blockquote></p><p> IoT solutions developer<b>Samsara</b>(IOT) plans to raise $753 million at an $11.6 billion market cap. This \"internet-of-things\" company provides a cloud-based platform that connects the assets of businesses with physical operations, enhancing operational efficiency and asset and employee productivity. Fast growing but highly unprofitable, Samsara saw double-digit growth for customers with $100k+ ARR in the 9mo FY22.</p><p><blockquote>物联网解决方案开发商<b>轮回</b>（物联网）计划以116亿美元的市值筹集7.53亿美元。这家“物联网”公司提供了一个基于云的平台，将企业的资产与物理运营连接起来，提高了运营效率以及资产和员工的生产力。快速增长但高度无利可图，Samsara 在 2022 财年的 9 个月中，ARR 超过 10 万美元的客户实现了两位数的增长。</blockquote></p><p> Wine brand<b>Fresh Vine Wine</b>(VINE) plans to raise $21 million at a $116 million market cap. This celebrity-founded company produces low carb, low calorie premium wines. Growing but highly unprofitable, Fresh Vine sells its wines through wholesale, retail, and DTC channels, and is able to conduct wholesale distribution in all 50 states and Puerto Rico.</p><p><blockquote>葡萄酒品牌<b>新鲜葡萄酒</b>(VINE) 计划以 1.16 亿美元的市值筹集 2100 万美元。这家名人创办的公司生产低碳水化合物、低热量的优质葡萄酒。Fresh Vine正在增长，但非常无利可图，它通过批发、零售和DTC渠道销售葡萄酒，并能够在所有50个州和波多黎各进行批发分销。</blockquote></p><p> Micro-cap satellite developer<b>Sidus Space</b>(SIDU) plans to raise $15 million at an $81 million market cap. This company provides commercial satellite services such as design, manufacture, launch, and data collection. &nbsp;Sidus Space has generated space-related manufacturing revenues to date, but is highly unprofitable with negative gross margin in the 9mo21.</p><p><blockquote>微帽卫星显影剂<b>Sidus空间</b>（SIDU）计划以8100万美元的市值筹集1500万美元。该公司提供商业卫星服务，如设计、制造、发射和数据收集。Sidus Space 迄今为止已产生与航天相关的制造收入，但在 2021 年 9 月毛利率为负，高度无利可图。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/ead80e54642569e2b7b368c8d50dc265\" tg-width=\"1409\" tg-height=\"457\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.renaissancecapital.com/IPO-Center/News/89474/US-IPO-Week-Ahead-IoT-solutions-wine-and-satellites-in-a-3-IPO-week\">renaissancecap...</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":{".SPX":"S&P 500 Index","SIDU":"Sidus Space Inc.",".IXIC":"NASDAQ Composite","IOT":"Samsara, Inc.",".DJI":"道琼斯"},"source_url":"https://www.renaissancecapital.com/IPO-Center/News/89474/US-IPO-Week-Ahead-IoT-solutions-wine-and-satellites-in-a-3-IPO-week","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1103250344","content_text":"The IPO market is expected to stay relatively quiet in the week ahead with three IPOs scheduled to raise $789 million.\nIoT solutions developerSamsara(IOT) plans to raise $753 million at an $11.6 billion market cap. This \"internet-of-things\" company provides a cloud-based platform that connects the assets of businesses with physical operations, enhancing operational efficiency and asset and employee productivity. Fast growing but highly unprofitable, Samsara saw double-digit growth for customers with $100k+ ARR in the 9mo FY22.\nWine brandFresh Vine Wine(VINE) plans to raise $21 million at a $116 million market cap. This celebrity-founded company produces low carb, low calorie premium wines. Growing but highly unprofitable, Fresh Vine sells its wines through wholesale, retail, and DTC channels, and is able to conduct wholesale distribution in all 50 states and Puerto Rico.\nMicro-cap satellite developerSidus Space(SIDU) plans to raise $15 million at an $81 million market cap. This company provides commercial satellite services such as design, manufacture, launch, and data collection.  Sidus Space has generated space-related manufacturing revenues to date, but is highly unprofitable with negative gross margin in the 9mo21.","news_type":1,"symbols_score_info":{".IXIC":0,"IOT":0,"SIDU":0,"VINE":0,".SPX":0,".DJI":0}},"isVote":1,"tweetType":1,"viewCount":3806,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":605704288,"gmtCreate":1639238246371,"gmtModify":1639238246539,"author":{"id":"3568940418649845","authorId":"3568940418649845","name":"Chrnox","avatar":"https://static.tigerbbs.com/d8298e6f2695e61a0ffe90273947e675","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3568940418649845","authorIdStr":"3568940418649845"},"themes":[],"title":"","htmlText":"[Cool]&nbsp;","listText":"[Cool]&nbsp;","text":"[Cool]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/605704288","repostId":"2190675480","repostType":4,"isVote":1,"tweetType":1,"viewCount":3575,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":605923222,"gmtCreate":1639103120465,"gmtModify":1639103120623,"author":{"id":"3568940418649845","authorId":"3568940418649845","name":"Chrnox","avatar":"https://static.tigerbbs.com/d8298e6f2695e61a0ffe90273947e675","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3568940418649845","authorIdStr":"3568940418649845"},"themes":[],"title":"","htmlText":"😎","listText":"😎","text":"😎","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/605923222","repostId":"2190964556","repostType":4,"isVote":1,"tweetType":1,"viewCount":2922,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":602846762,"gmtCreate":1639009810646,"gmtModify":1639009810867,"author":{"id":"3568940418649845","authorId":"3568940418649845","name":"Chrnox","avatar":"https://static.tigerbbs.com/d8298e6f2695e61a0ffe90273947e675","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3568940418649845","authorIdStr":"3568940418649845"},"themes":[],"title":"","htmlText":"😵‍💫","listText":"😵‍💫","text":"😵‍💫","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/602846762","repostId":"2190237695","repostType":4,"isVote":1,"tweetType":1,"viewCount":895,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":602376588,"gmtCreate":1638977188006,"gmtModify":1638977220283,"author":{"id":"3568940418649845","authorId":"3568940418649845","name":"Chrnox","avatar":"https://static.tigerbbs.com/d8298e6f2695e61a0ffe90273947e675","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3568940418649845","authorIdStr":"3568940418649845"},"themes":[],"title":"","htmlText":"[Miser]&nbsp;","listText":"[Miser]&nbsp;","text":"[Miser]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/602376588","repostId":"1149846873","repostType":4,"repost":{"id":"1149846873","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":1638975974,"share":"https://www.laohunote.com/m/news/1149846873?lang=zh_CN&edition=full","pubTime":"2021-12-08 23:06","market":"us","language":"en","title":"DocuSign stock climbed 5% in morning trading<blockquote>DocuSign 股价早盘上涨 5%</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1149846873","media":"Tiger Newspress","summary":"DocuSign stock climbed 5% in morning trading after DocuSign Inc. CEO bought nearly $5m in stock foll","content":"<p>DocuSign stock climbed 5% in morning trading&nbsp;after&nbsp;DocuSign Inc. CEO bought nearly $5m in stock following massive sell-off.</p><p><blockquote>DocuSign Inc. 首席执行官在大规模抛售后购买了近 500 万美元的股票，DocuSign 股价在早盘交易中上涨 5%。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/e77953caadaf709eae41dfe416c6a048\" tg-width=\"840\" tg-height=\"470\" width=\"100%\" height=\"auto\"></p><p><blockquote></blockquote></p><p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>DocuSign stock climbed 5% in morning trading<blockquote>DocuSign 股价早盘上涨 5%</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nDocuSign stock climbed 5% in morning trading<blockquote>DocuSign 股价早盘上涨 5%</blockquote>\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time smaller\">2021-12-08 23:06</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>DocuSign stock climbed 5% in morning trading&nbsp;after&nbsp;DocuSign Inc. CEO bought nearly $5m in stock following massive sell-off.</p><p><blockquote>DocuSign Inc. 首席执行官在大规模抛售后购买了近 500 万美元的股票，DocuSign 股价在早盘交易中上涨 5%。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/e77953caadaf709eae41dfe416c6a048\" tg-width=\"840\" tg-height=\"470\" width=\"100%\" height=\"auto\"></p><p><blockquote></blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"DOCU":"Docusign"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1149846873","content_text":"DocuSign stock climbed 5% in morning trading after DocuSign Inc. CEO bought nearly $5m in stock following massive sell-off.","news_type":1,"symbols_score_info":{"DOCU":0.9}},"isVote":1,"tweetType":1,"viewCount":905,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":606678776,"gmtCreate":1638878952078,"gmtModify":1638878952245,"author":{"id":"3568940418649845","authorId":"3568940418649845","name":"Chrnox","avatar":"https://static.tigerbbs.com/d8298e6f2695e61a0ffe90273947e675","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3568940418649845","authorIdStr":"3568940418649845"},"themes":[],"title":"","htmlText":"😎","listText":"😎","text":"😎","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/606678776","repostId":"1194453529","repostType":4,"repost":{"id":"1194453529","kind":"news","pubTimestamp":1638876402,"share":"https://www.laohunote.com/m/news/1194453529?lang=zh_CN&edition=full","pubTime":"2021-12-07 19:26","market":"us","language":"en","title":"As EV Investors Take December Break, Dips in Lucid and Nio Have Appeal<blockquote>随着电动汽车投资者在 12 月休息，Lucid 和蔚来的下跌具有吸引力</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1194453529","media":"InvestorPlace","summary":"Before SEC news, LCID stock was up 170% since May, making a correction seem reasonable","content":"<p><div> Even before the news broke on Monday that Lucid Group(NASDAQ:LCID) had received a subpoena from the SEC regarding its SPAC deal, it was clear that investors were using December to take a healthy break...</p><p><blockquote><div>甚至在周一 Lucid Group（纳斯达克股票代码：LCID）收到 SEC 关于其 SPAC 交易的传票的消息传出之前，很明显投资者正在利用 12 月好好休息一下……</div></blockquote></p><p>  <a href=\"https://investorplace.com/2021/12/lucid-lcid-stock-vs-nio-which-is-the-better-stock-to-buy-on-the-dip/\">网页链接</a>  </div> </p><p><blockquote><a href=\"https://investorplace.com/2021/12/lucid-lcid-stock-vs-nio-which-is-the-better-stock-to-buy-on-the-dip/\">网页连接</a></blockquote></p><p></p>","source":"lsy1606302653667","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>As EV Investors Take December Break, Dips in Lucid and Nio Have Appeal<blockquote>随着电动汽车投资者在 12 月休息，Lucid 和蔚来的下跌具有吸引力</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\">\nAs EV Investors Take December Break, Dips in Lucid and Nio Have Appeal<blockquote>随着电动汽车投资者在 12 月休息，Lucid 和蔚来的下跌具有吸引力</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">InvestorPlace</strong><span class=\"h-time small\">2021-12-07 19:26</span>\n</p>\n</h4>\n</header>\n<article>\n<p><div> Even before the news broke on Monday that Lucid Group(NASDAQ:LCID) had received a subpoena from the SEC regarding its SPAC deal, it was clear that investors were using December to take a healthy break...</p><p><blockquote><div>甚至在周一 Lucid Group（纳斯达克股票代码：LCID）收到 SEC 关于其 SPAC 交易的传票的消息传出之前，很明显投资者正在利用 12 月好好休息一下……</div></blockquote></p><p>  <a href=\"https://investorplace.com/2021/12/lucid-lcid-stock-vs-nio-which-is-the-better-stock-to-buy-on-the-dip/\">网页链接</a>  </div> </p><p><blockquote><a href=\"https://investorplace.com/2021/12/lucid-lcid-stock-vs-nio-which-is-the-better-stock-to-buy-on-the-dip/\">网页连接</a></blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://investorplace.com/2021/12/lucid-lcid-stock-vs-nio-which-is-the-better-stock-to-buy-on-the-dip/\">InvestorPlace</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"LCID":"Lucid Group Inc","NIO":"蔚来"},"source_url":"https://investorplace.com/2021/12/lucid-lcid-stock-vs-nio-which-is-the-better-stock-to-buy-on-the-dip/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1194453529","content_text":"Even before the news broke on Monday that Lucid Group(NASDAQ:LCID) had received a subpoena from the SEC regarding its SPAC deal, it was clear that investors were using December to take a healthy break from the electric vehicle space.\nClosing out last Friday, LCID stock was down 13.6% for the week and Chinese EV competitor Nio(NYSE:NIO) was down more than 20%. The Global X Autonomous and Electric Vehicles ETF(NASDAQ:DRIV) is lost 4.4% on the week.\nTo be sure, whatever concerns the market has about the SEC’s query should be taken seriously. But early Tuesday morning, pre-market trading shows LCID stock is regaining most of Monday’s 5.1% loss as indicators show markets opening in the green.\nThe question is whether you should consider buying either Lucid or Nio on the December EV dip? I’ll examine both businesses.\nLCID Stock Still Up This Past Month\nIn November, I suggested that Lucid was an excellent long-term speculative buy. It’s important to note the word “speculative.”\nWhile I don’t think there’s any question the Lucid Air is popular with buyers — it has more than 17,000 reservations for the Lucid Air, the 2022 MotorTrend Car of the Year — until it starts delivering those vehicles and ringing up the register, there is above-average risk inherent in owning LCID stock.\nThat said, it sits in an enviable position with strong pre-orders worth $1.7 billion, a factory in Arizona that can produce up to 34,000 vehicles a year, and $4.8 billion in cash on its balance sheet.\nWhat’s not to like? How about the supply chain issues affecting the entire world.\nToyota Motor(NYSE:TM) cut its November production worldwide by 15% due to chip shortages. That said, it still thinks it can reach its 2021 target of nine million vehicles, so all is not lost.\nCEO Peter Rawlinson mentioned the shortages in the Lucid’s Q3 2021 press release:\n“We see significant demand for the award-winning Lucid Air, with accelerating reservations as we ramp production at our factory in Arizona. We remain confident in our ability to achieve 20,000 units in 2022,” Rawlinson stated on Nov. 15.\n“This target is not without risk given ongoing challenges facing the automotive industry, with global disruptions to supply chains and logistics. We are taking steps to mitigate these challenges, however, and look forward to the launch of the Grand Touring, Touring, and Pure versions of Lucid Air through 2022.”\nI’m not sure if investors would be disappointed if, this time next year, Rawlinson confirmed that it was on target to produce 18,000 vehicles in 2022, 2,000 short of its stated goal. But, of course, 18,000 is still a big accomplishment.\nOver the past month (thru Dec. 3), LCID is up 25% and trading in the mid-$40s, which values its equity at $75 billion. With no sales or earnings to value it, I’d suggest that its price-to-book ratio of 17.9xis quite rich. You can buy Ford(NYSE:F) at 2.2x book despite its stock more than doubling year to date. However, you’d have to pay 40.3x book to own Tesla(NASDAQ:TSLA).\nIt’s all relative.\nNio’s Record Quarter\nNio stock is trading within 6% of its 52-week low of $30.71 and 52% below its one-year high of $66.99.\nIt’s hard to believe how far its share price has fallen. On Dec. 1, it reported November deliveries of 10,878 vehicles, 105.6% higher than last November, and the most delivered in a single month. Through 11 months, it has delivered 80,940 vehicles, 120.4% higher than the same period last year.\nWhat’s most impressive is the diversity of its delivery numbers: 2,683 ES8s (6-7 seater SUV), 4,713 ES6s (five-seater SUV), and 3,482 EC6s (five-seater coupe SUV), the company’s newest vehicle.\nWhen I last wrote about Nio at the end of October, I argued that the company had yet to shake its Chinese discount, a reality that many overseas companies face that are listed in North America.\n“Tesla is trading up almost $17, at 24.3x sales. Meanwhile, Nio is trading just below $40 at 14.6x sales. You would think that Nio, being at approximately the same stage as Tesla was in early 2019, would get a higher multiple for its sales,” I wrote on October 25.\nHowever, I ultimately concluded that the company’s sizeable operating loss was scaring away investors, not an aversion to Chinese companies.\nI’ve said it before, under $40, I think NIO is an excellent long-term buy. Of the two stocks, it’s the less speculative option.\nThe Bottom Line\nIf I could only own one stock, at this point, given how much further ahead Nio’s business is compared to Lucid, combined with the fact NIO stock has gotten hammered much more than LCID, I would lean toward the more established company.\nThat said, if you can afford both, I would buy both at this point, maybe dividing your purchase 60% Nio and 40% Lucid.","news_type":1,"symbols_score_info":{"LCID":0.9,"NIO":0.9}},"isVote":1,"tweetType":1,"viewCount":1022,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":608120044,"gmtCreate":1638668221611,"gmtModify":1638668221745,"author":{"id":"3568940418649845","authorId":"3568940418649845","name":"Chrnox","avatar":"https://static.tigerbbs.com/d8298e6f2695e61a0ffe90273947e675","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3568940418649845","authorIdStr":"3568940418649845"},"themes":[],"title":"","htmlText":"[What]&nbsp;","listText":"[What]&nbsp;","text":"[What]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/608120044","repostId":"2188853578","repostType":4,"isVote":1,"tweetType":1,"viewCount":1154,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":601602336,"gmtCreate":1638517282266,"gmtModify":1638517282363,"author":{"id":"3568940418649845","authorId":"3568940418649845","name":"Chrnox","avatar":"https://static.tigerbbs.com/d8298e6f2695e61a0ffe90273947e675","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3568940418649845","authorIdStr":"3568940418649845"},"themes":[],"title":"","htmlText":"🤦🏻‍♂️","listText":"🤦🏻‍♂️","text":"🤦🏻‍♂️","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/601602336","repostId":"1100339971","repostType":4,"repost":{"id":"1100339971","kind":"news","pubTimestamp":1638516924,"share":"https://www.laohunote.com/m/news/1100339971?lang=zh_CN&edition=full","pubTime":"2021-12-03 15:35","market":"us","language":"en","title":"Why Investors Need to Stay Far Away From Rivian (for Now)<blockquote>为什么投资者需要远离Rivian（目前）</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1100339971","media":"Motley Fool","summary":"Investors are loving this electric vehicle start-up. But the numbers (or lack thereof) don't add up.","content":"<p>One of the hottest companies in the investing universe right now is&nbsp;<b>Rivian</b>. The electric vehicle start-up just went public at a market cap north of $100 billion, which is astounding considering the fact it has never generated any sales. With the rise of&nbsp;<b>Tesla</b>, the market leader in&nbsp;electric vehicles, to a market cap north of $1 trillion recently, the excitement around this new industry has reached a fever pitch.</p><p><blockquote>目前投资界最热门的公司之一是<b>Rivian</b>这家电动汽车初创公司刚刚上市，市值超过 1000 亿美元，考虑到它从未产生任何销售额，这令人震惊。随着<b>特斯拉</b>电动汽车的市场领导者，最近市值突破1万亿美元，围绕这个新行业的兴奋已经达到了白热化的程度。</blockquote></p><p> While Rivian's prospectus is exciting, and the company is going after a huge market opportunity, the price one must pay for all this potential is simply too much to ask. Here are a few reasons why investors need to stay far away from Rivian stock right now.</p><p><blockquote>虽然 Rivian 的招股说明书令人兴奋，而且该公司正在寻求巨大的市场机会，但人们必须为所有这些潜力付出的代价实在是太高了。以下是投资者现在需要远离Rivian股票的几个原因。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/af764bd447f10cf89d9c92eb80ad9d14\" tg-width=\"2000\" tg-height=\"1499\" width=\"100%\" height=\"auto\"><span>Image source: Rivian.</span></p><p><blockquote><p class=\"t-img-caption\"><span>图片来源：Rivian。</span></p></blockquote></p><p> <b>The company is pre-revenue</b></p><p><blockquote><b>公司预收</b></blockquote></p><p> At a most basic level, Rivian is not a suitable company to invest in at a market cap of $106 billion because it has never generated any revenue, let alone profits or free cash flow. According to its S-1, which is the SEC filing companies are required to put out before going through an initial public offering (IPO), Rivian produced 12 vehicles in the third quarter, all of which were sold to employees.</p><p><blockquote>从最基本的层面来看，Rivian并不是一家适合以1060亿美元市值投资的公司，因为它从未产生过任何收入，更不用说利润或自由现金流了。根据 S-1（SEC 要求公司在进行首次公开募股 (IPO) 之前提交的文件），Rivian在第三季度生产了 12 辆汽车，全部出售给员工。</blockquote></p><p> By the end of 2021, it expects to produce 1,200 R1Ts (an electric truck), and by the end of 2023, it expects to produce 55,400 total vehicles, which would clear out its current backlog of orders. If Rivian sells these vehicles at an average price of $67,500, the standard cost on its website for the R1T right now, it will generate around $3.7 billion in revenue from now until the end of 2023. With $1.7 billion in negative free cash flow in the first six months of this year, this hypothetical $3.7 billion in revenue would not even come close to covering Rivian's current expense base (which will likely grow as it starts manufacturing at scale). It will likely take three to five years, if not longer, for Rivian to start generating positive free cash flow for shareholders.</p><p><blockquote>到2021年底，预计将生产1,200辆R1T（电动卡车），到2023年底，预计将生产55,400辆汽车，这将清理目前的积压订单。如果Rivian以 67,500 美元的平均价格（目前其网站上 R1T 的标准成本）销售这些汽车，那么从现在到 2023 年底，它将产生约 37 亿美元的收入。今年前六个月的自由现金流为负 17 亿美元，假设的 37 亿美元收入甚至不足以覆盖 Rivian 目前的费用基础（随着其开始大规模生产，费用基础可能会增长）。Rivian可能需要三到五年甚至更长时间才能开始为股东产生正的自由现金流。</blockquote></p><p> <b>Manufacturing cars is a tough business</b></p><p><blockquote><b>制造汽车是一项艰难的业务</b></blockquote></p><p> Rivian's current installed base is for 65,000 R1Ts and 85,000 RCVs (its commercial van), giving it the capacity to generate 150,000 cars a year. Assuming a ballpark average selling price of $67,500 for all these vehicles, that would be over $10 billion in annual revenue for Rivian once it reaches scale. One might assume at this revenue and manufacturing level Rivian would be profitable. But that is misguided thinking.</p><p><blockquote>Rivian 目前的装机量为 65,000 辆 R1T 和 85,000 辆 RCV（其商用货车），使其每年能够生产 150,000 辆汽车。假设所有这些车辆的平均售价为 67,500 美元，一旦达到规模，Rivian的年收入将超过 100 亿美元。人们可能会认为，在这种收入和制造水平下，Rivian将会盈利。但这是被误导的想法。</blockquote></p><p> If we look at Tesla, its closest competitor that is a pure-play electric vehicle manufacturer, it only got close to free cash flow breakeven in 2018 when it delivered 245,000 vehicles. Manufacturing cars is expensive, and investors in Rivian shouldn't expect profit margins to be very high, even once Rivian reaches any sort of maturity a decade from now. Rivian needs to start ramping up its vehicle deliveries, and fast, in order to get anywhere close to fulfilling a market cap of $106 billion.</p><p><blockquote>如果我们看看它最接近的竞争对手、纯电动汽车制造商特斯拉，它在 2018 年交付了 245,000 辆汽车，才接近自由现金流收支平衡。制造汽车成本高昂，Rivian的投资者不应期望利润率会很高，即使Rivian十年后达到任何形式的成熟度。Rivian需要开始快速增加汽车交付量，才能接近实现 1060 亿美元的市值。</blockquote></p><p> <b>Every automaker is all-in on electric</b></p><p><blockquote><b>每个汽车制造商都全力以赴地使用电动汽车</b></blockquote></p><p> One reason Tesla was able to grow unabated for so long is that no other company was taking electric vehicles seriously. This is not the market environment we are currently in. The big car manufacturers along with Tesla and other pure-play electric vehicle start-ups are all investing tens of billions to compete over the next decade.</p><p><blockquote>特斯拉能够长期保持增长的一个原因是，没有其他公司认真对待电动汽车。这不是我们目前所处的市场环境。大型汽车制造商以及特斯拉和其他纯电动汽车初创公司都在投资数百亿美元来参与未来十年的竞争。</blockquote></p><p> <b>Ford</b>&nbsp;has committed $11.4 billion to invest in battery and electric vehicle manufacturing in the U.S.&nbsp;<b>Toyota</b>&nbsp;has committed $13.5 billion to battery development and production alone. And this is just the tip of the iceberg. Over the next five years, competition for electric vehicles will be fierce. Starting at a standstill, Rivian has a tough hill to climb if it wants to gain significant market share in the electric vehicle market.</p><p><blockquote><b>福特</b>已承诺投资 114 亿美元投资美国电池和电动汽车制造。<b>丰田</b>仅电池开发和生产就已投入 135 亿美元。而这只是冰山一角。未来五年，电动汽车的竞争将非常激烈。如果Rivian想在电动汽车市场获得巨大的市场份额，从停滞不前开始，就有一座艰难的山要爬。</blockquote></p><p> <b>Don't forget about the company</b></p><p><blockquote><b>别忘了公司</b></blockquote></p><p> Rivian's stock would likely be overvalued even if it got a 95% haircut, but the company can still go on your watch list if you are&nbsp;bullish on the electric vehicle industry. With $17 billion in cash on its balance sheet after the IPO, a 100,000 fleet order for electric delivery vans going to&nbsp;<b>Amazon</b>, and a sleek-looking truck, Rivian has a chance to grow quickly over the next five years. But paying for the stock at this valuation for the chance that happens when the company is pre-revenue is not a smart bet for investors to make.</p><p><blockquote>即使 Rivian 的股票下跌了 95%，也可能被高估，但如果您看好电动汽车行业，该公司仍然可以列入您的观察名单。IPO 后，其资产负债表上有 170 亿美元现金，10 万辆电动送货车的车队订单将<b>亚马逊</b>以及一款外观时尚的卡车，Rivian有机会在未来五年内快速增长。但对于投资者来说，以这个估值购买股票以获得公司盈利前出现的机会并不是一个明智的选择。</blockquote></p><p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Why Investors Need to Stay Far Away From Rivian (for Now)<blockquote>为什么投资者需要远离Rivian（目前）</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhy Investors Need to Stay Far Away From Rivian (for Now)<blockquote>为什么投资者需要远离Rivian（目前）</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Motley Fool</strong><span class=\"h-time small\">2021-12-03 15:35</span>\n</p>\n</h4>\n</header>\n<article>\n<p>One of the hottest companies in the investing universe right now is&nbsp;<b>Rivian</b>. The electric vehicle start-up just went public at a market cap north of $100 billion, which is astounding considering the fact it has never generated any sales. With the rise of&nbsp;<b>Tesla</b>, the market leader in&nbsp;electric vehicles, to a market cap north of $1 trillion recently, the excitement around this new industry has reached a fever pitch.</p><p><blockquote>目前投资界最热门的公司之一是<b>Rivian</b>这家电动汽车初创公司刚刚上市，市值超过 1000 亿美元，考虑到它从未产生任何销售额，这令人震惊。随着<b>特斯拉</b>电动汽车的市场领导者，最近市值突破1万亿美元，围绕这个新行业的兴奋已经达到了白热化的程度。</blockquote></p><p> While Rivian's prospectus is exciting, and the company is going after a huge market opportunity, the price one must pay for all this potential is simply too much to ask. Here are a few reasons why investors need to stay far away from Rivian stock right now.</p><p><blockquote>虽然 Rivian 的招股说明书令人兴奋，而且该公司正在寻求巨大的市场机会，但人们必须为所有这些潜力付出的代价实在是太高了。以下是投资者现在需要远离Rivian股票的几个原因。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/af764bd447f10cf89d9c92eb80ad9d14\" tg-width=\"2000\" tg-height=\"1499\" width=\"100%\" height=\"auto\"><span>Image source: Rivian.</span></p><p><blockquote><p class=\"t-img-caption\"><span>图片来源：Rivian。</span></p></blockquote></p><p> <b>The company is pre-revenue</b></p><p><blockquote><b>公司预收</b></blockquote></p><p> At a most basic level, Rivian is not a suitable company to invest in at a market cap of $106 billion because it has never generated any revenue, let alone profits or free cash flow. According to its S-1, which is the SEC filing companies are required to put out before going through an initial public offering (IPO), Rivian produced 12 vehicles in the third quarter, all of which were sold to employees.</p><p><blockquote>从最基本的层面来看，Rivian并不是一家适合以1060亿美元市值投资的公司，因为它从未产生过任何收入，更不用说利润或自由现金流了。根据 S-1（SEC 要求公司在进行首次公开募股 (IPO) 之前提交的文件），Rivian在第三季度生产了 12 辆汽车，全部出售给员工。</blockquote></p><p> By the end of 2021, it expects to produce 1,200 R1Ts (an electric truck), and by the end of 2023, it expects to produce 55,400 total vehicles, which would clear out its current backlog of orders. If Rivian sells these vehicles at an average price of $67,500, the standard cost on its website for the R1T right now, it will generate around $3.7 billion in revenue from now until the end of 2023. With $1.7 billion in negative free cash flow in the first six months of this year, this hypothetical $3.7 billion in revenue would not even come close to covering Rivian's current expense base (which will likely grow as it starts manufacturing at scale). It will likely take three to five years, if not longer, for Rivian to start generating positive free cash flow for shareholders.</p><p><blockquote>到2021年底，预计将生产1,200辆R1T（电动卡车），到2023年底，预计将生产55,400辆汽车，这将清理目前的积压订单。如果Rivian以 67,500 美元的平均价格（目前其网站上 R1T 的标准成本）销售这些汽车，那么从现在到 2023 年底，它将产生约 37 亿美元的收入。今年前六个月的自由现金流为负 17 亿美元，假设的 37 亿美元收入甚至不足以覆盖 Rivian 目前的费用基础（随着其开始大规模生产，费用基础可能会增长）。Rivian可能需要三到五年甚至更长时间才能开始为股东产生正的自由现金流。</blockquote></p><p> <b>Manufacturing cars is a tough business</b></p><p><blockquote><b>制造汽车是一项艰难的业务</b></blockquote></p><p> Rivian's current installed base is for 65,000 R1Ts and 85,000 RCVs (its commercial van), giving it the capacity to generate 150,000 cars a year. Assuming a ballpark average selling price of $67,500 for all these vehicles, that would be over $10 billion in annual revenue for Rivian once it reaches scale. One might assume at this revenue and manufacturing level Rivian would be profitable. But that is misguided thinking.</p><p><blockquote>Rivian 目前的装机量为 65,000 辆 R1T 和 85,000 辆 RCV（其商用货车），使其每年能够生产 150,000 辆汽车。假设所有这些车辆的平均售价为 67,500 美元，一旦达到规模，Rivian的年收入将超过 100 亿美元。人们可能会认为，在这种收入和制造水平下，Rivian将会盈利。但这是被误导的想法。</blockquote></p><p> If we look at Tesla, its closest competitor that is a pure-play electric vehicle manufacturer, it only got close to free cash flow breakeven in 2018 when it delivered 245,000 vehicles. Manufacturing cars is expensive, and investors in Rivian shouldn't expect profit margins to be very high, even once Rivian reaches any sort of maturity a decade from now. Rivian needs to start ramping up its vehicle deliveries, and fast, in order to get anywhere close to fulfilling a market cap of $106 billion.</p><p><blockquote>如果我们看看它最接近的竞争对手、纯电动汽车制造商特斯拉，它在 2018 年交付了 245,000 辆汽车，才接近自由现金流收支平衡。制造汽车成本高昂，Rivian的投资者不应期望利润率会很高，即使Rivian十年后达到任何形式的成熟度。Rivian需要开始快速增加汽车交付量，才能接近实现 1060 亿美元的市值。</blockquote></p><p> <b>Every automaker is all-in on electric</b></p><p><blockquote><b>每个汽车制造商都全力以赴地使用电动汽车</b></blockquote></p><p> One reason Tesla was able to grow unabated for so long is that no other company was taking electric vehicles seriously. This is not the market environment we are currently in. The big car manufacturers along with Tesla and other pure-play electric vehicle start-ups are all investing tens of billions to compete over the next decade.</p><p><blockquote>特斯拉能够长期保持增长的一个原因是，没有其他公司认真对待电动汽车。这不是我们目前所处的市场环境。大型汽车制造商以及特斯拉和其他纯电动汽车初创公司都在投资数百亿美元来参与未来十年的竞争。</blockquote></p><p> <b>Ford</b>&nbsp;has committed $11.4 billion to invest in battery and electric vehicle manufacturing in the U.S.&nbsp;<b>Toyota</b>&nbsp;has committed $13.5 billion to battery development and production alone. And this is just the tip of the iceberg. Over the next five years, competition for electric vehicles will be fierce. Starting at a standstill, Rivian has a tough hill to climb if it wants to gain significant market share in the electric vehicle market.</p><p><blockquote><b>福特</b>已承诺投资 114 亿美元投资美国电池和电动汽车制造。<b>丰田</b>仅电池开发和生产就已投入 135 亿美元。而这只是冰山一角。未来五年，电动汽车的竞争将非常激烈。如果Rivian想在电动汽车市场获得巨大的市场份额，从停滞不前开始，就有一座艰难的山要爬。</blockquote></p><p> <b>Don't forget about the company</b></p><p><blockquote><b>别忘了公司</b></blockquote></p><p> Rivian's stock would likely be overvalued even if it got a 95% haircut, but the company can still go on your watch list if you are&nbsp;bullish on the electric vehicle industry. With $17 billion in cash on its balance sheet after the IPO, a 100,000 fleet order for electric delivery vans going to&nbsp;<b>Amazon</b>, and a sleek-looking truck, Rivian has a chance to grow quickly over the next five years. But paying for the stock at this valuation for the chance that happens when the company is pre-revenue is not a smart bet for investors to make.</p><p><blockquote>即使 Rivian 的股票下跌了 95%，也可能被高估，但如果您看好电动汽车行业，该公司仍然可以列入您的观察名单。IPO 后，其资产负债表上有 170 亿美元现金，10 万辆电动送货车的车队订单将<b>亚马逊</b>以及一款外观时尚的卡车，Rivian有机会在未来五年内快速增长。但对于投资者来说，以这个估值购买股票以获得公司盈利前出现的机会并不是一个明智的选择。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.fool.com/investing/2021/12/02/why-investors-need-to-stay-far-away-from-rivian/\">Motley Fool</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"RIVN":"Rivian Automotive, Inc."},"source_url":"https://www.fool.com/investing/2021/12/02/why-investors-need-to-stay-far-away-from-rivian/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1100339971","content_text":"One of the hottest companies in the investing universe right now is Rivian. The electric vehicle start-up just went public at a market cap north of $100 billion, which is astounding considering the fact it has never generated any sales. With the rise of Tesla, the market leader in electric vehicles, to a market cap north of $1 trillion recently, the excitement around this new industry has reached a fever pitch.\nWhile Rivian's prospectus is exciting, and the company is going after a huge market opportunity, the price one must pay for all this potential is simply too much to ask. Here are a few reasons why investors need to stay far away from Rivian stock right now.\nImage source: Rivian.\nThe company is pre-revenue\nAt a most basic level, Rivian is not a suitable company to invest in at a market cap of $106 billion because it has never generated any revenue, let alone profits or free cash flow. According to its S-1, which is the SEC filing companies are required to put out before going through an initial public offering (IPO), Rivian produced 12 vehicles in the third quarter, all of which were sold to employees.\nBy the end of 2021, it expects to produce 1,200 R1Ts (an electric truck), and by the end of 2023, it expects to produce 55,400 total vehicles, which would clear out its current backlog of orders. If Rivian sells these vehicles at an average price of $67,500, the standard cost on its website for the R1T right now, it will generate around $3.7 billion in revenue from now until the end of 2023. With $1.7 billion in negative free cash flow in the first six months of this year, this hypothetical $3.7 billion in revenue would not even come close to covering Rivian's current expense base (which will likely grow as it starts manufacturing at scale). It will likely take three to five years, if not longer, for Rivian to start generating positive free cash flow for shareholders.\nManufacturing cars is a tough business\nRivian's current installed base is for 65,000 R1Ts and 85,000 RCVs (its commercial van), giving it the capacity to generate 150,000 cars a year. Assuming a ballpark average selling price of $67,500 for all these vehicles, that would be over $10 billion in annual revenue for Rivian once it reaches scale. One might assume at this revenue and manufacturing level Rivian would be profitable. But that is misguided thinking.\nIf we look at Tesla, its closest competitor that is a pure-play electric vehicle manufacturer, it only got close to free cash flow breakeven in 2018 when it delivered 245,000 vehicles. Manufacturing cars is expensive, and investors in Rivian shouldn't expect profit margins to be very high, even once Rivian reaches any sort of maturity a decade from now. Rivian needs to start ramping up its vehicle deliveries, and fast, in order to get anywhere close to fulfilling a market cap of $106 billion.\nEvery automaker is all-in on electric\nOne reason Tesla was able to grow unabated for so long is that no other company was taking electric vehicles seriously. This is not the market environment we are currently in. The big car manufacturers along with Tesla and other pure-play electric vehicle start-ups are all investing tens of billions to compete over the next decade.\nFord has committed $11.4 billion to invest in battery and electric vehicle manufacturing in the U.S. Toyota has committed $13.5 billion to battery development and production alone. And this is just the tip of the iceberg. Over the next five years, competition for electric vehicles will be fierce. Starting at a standstill, Rivian has a tough hill to climb if it wants to gain significant market share in the electric vehicle market.\nDon't forget about the company\nRivian's stock would likely be overvalued even if it got a 95% haircut, but the company can still go on your watch list if you are bullish on the electric vehicle industry. With $17 billion in cash on its balance sheet after the IPO, a 100,000 fleet order for electric delivery vans going to Amazon, and a sleek-looking truck, Rivian has a chance to grow quickly over the next five years. But paying for the stock at this valuation for the chance that happens when the company is pre-revenue is not a smart bet for investors to make.","news_type":1,"symbols_score_info":{"RIVN":0.9}},"isVote":1,"tweetType":1,"viewCount":1026,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":601085770,"gmtCreate":1638459798780,"gmtModify":1638459798915,"author":{"id":"3568940418649845","authorId":"3568940418649845","name":"Chrnox","avatar":"https://static.tigerbbs.com/d8298e6f2695e61a0ffe90273947e675","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3568940418649845","authorIdStr":"3568940418649845"},"themes":[],"title":"","htmlText":"😅","listText":"😅","text":"😅","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/601085770","repostId":"1184441337","repostType":4,"repost":{"id":"1184441337","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":1638457715,"share":"https://www.laohunote.com/m/news/1184441337?lang=zh_CN&edition=full","pubTime":"2021-12-02 23:08","market":"us","language":"en","title":"Ride-hailing firm stocks jumped in morning trading<blockquote>打车公司股票在早盘交易中上涨</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1184441337","media":"Tiger Newspress","summary":"Ride-hailing firm stocks jumped in morning trading.Uber and Lyft shares surged 6%.\n\nU.S. ride-hailin","content":"<p>Ride-hailing firm stocks jumped in morning trading.Uber and Lyft shares surged 6%.</p><p><blockquote>打车公司股票在早盘交易中上涨。优步和Lyft股价飙升 6%。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/6d9a656cecda9bc2db20bbf768fa942a\" tg-width=\"840\" tg-height=\"470\" referrerpolicy=\"no-referrer\"><img src=\"https://static.tigerbbs.com/c8c348ae77337f8a53912df8f8d6bb3b\" tg-width=\"840\" tg-height=\"470\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p> U.S. ride-hailing company Uber Technologies Ltd said on Thursday it would roll out a feature that will allow users in India to book rides via messaging service WhatsApp.</p><p><blockquote>美国叫车公司 Uber Technologies Ltd 周四表示，将推出一项功能，允许印度用户通过消息服务 WhatsApp 预订乘车服务。</blockquote></p><p> The move could help Uber tap into the more than 500 million user base of&nbsp;Meta Platforms-owned&nbsp;WhatsApp in India.</p><p><blockquote>此举可能有助于 Uber 利用 Meta Platforms 旗下 WhatsApp 在印度超过 5 亿的用户群。</blockquote></p><p> In addition,Uber Technologies Inc on Thursday said it will launch an optional audio recording pilot program in three U.S. cities to enhance safety, allowing drivers and riders to send trip recordings to Uber in case of a safety incident.</p><p><blockquote>此外，Uber Technologies Inc. 周四表示，将在美国三个城市推出可选的音频录制试点计划，以提高安全性，允许司机和乘客在发生安全事故时将行程录音发送给 Uber。</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>Ride-hailing firm stocks jumped in morning trading<blockquote>打车公司股票在早盘交易中上涨</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\">\nRide-hailing firm stocks jumped in morning trading<blockquote>打车公司股票在早盘交易中上涨</blockquote>\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time smaller\">2021-12-02 23:08</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>Ride-hailing firm stocks jumped in morning trading.Uber and Lyft shares surged 6%.</p><p><blockquote>打车公司股票在早盘交易中上涨。优步和Lyft股价飙升 6%。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/6d9a656cecda9bc2db20bbf768fa942a\" tg-width=\"840\" tg-height=\"470\" referrerpolicy=\"no-referrer\"><img src=\"https://static.tigerbbs.com/c8c348ae77337f8a53912df8f8d6bb3b\" tg-width=\"840\" tg-height=\"470\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p> U.S. ride-hailing company Uber Technologies Ltd said on Thursday it would roll out a feature that will allow users in India to book rides via messaging service WhatsApp.</p><p><blockquote>美国叫车公司 Uber Technologies Ltd 周四表示，将推出一项功能，允许印度用户通过消息服务 WhatsApp 预订乘车服务。</blockquote></p><p> The move could help Uber tap into the more than 500 million user base of&nbsp;Meta Platforms-owned&nbsp;WhatsApp in India.</p><p><blockquote>此举可能有助于 Uber 利用 Meta Platforms 旗下 WhatsApp 在印度超过 5 亿的用户群。</blockquote></p><p> In addition,Uber Technologies Inc on Thursday said it will launch an optional audio recording pilot program in three U.S. cities to enhance safety, allowing drivers and riders to send trip recordings to Uber in case of a safety incident.</p><p><blockquote>此外，Uber Technologies Inc. 周四表示，将在美国三个城市推出可选的音频录制试点计划，以提高安全性，允许司机和乘客在发生安全事故时将行程录音发送给 Uber。</blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"LYFT":"Lyft, Inc.","UBER":"优步"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1184441337","content_text":"Ride-hailing firm stocks jumped in morning trading.Uber and Lyft shares surged 6%.\n\nU.S. ride-hailing company Uber Technologies Ltd said on Thursday it would roll out a feature that will allow users in India to book rides via messaging service WhatsApp.\nThe move could help Uber tap into the more than 500 million user base of Meta Platforms-owned WhatsApp in India.\nIn addition,Uber Technologies Inc on Thursday said it will launch an optional audio recording pilot program in three U.S. cities to enhance safety, allowing drivers and riders to send trip recordings to Uber in case of a safety incident.","news_type":1,"symbols_score_info":{"LYFT":0.9,"UBER":0.9}},"isVote":1,"tweetType":1,"viewCount":953,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":609798740,"gmtCreate":1638323326265,"gmtModify":1638323326359,"author":{"id":"3568940418649845","authorId":"3568940418649845","name":"Chrnox","avatar":"https://static.tigerbbs.com/d8298e6f2695e61a0ffe90273947e675","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3568940418649845","authorIdStr":"3568940418649845"},"themes":[],"title":"","htmlText":"😝","listText":"😝","text":"😝","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/609798740","repostId":"1199826373","repostType":4,"repost":{"id":"1199826373","kind":"news","pubTimestamp":1638321007,"share":"https://www.laohunote.com/m/news/1199826373?lang=zh_CN&edition=full","pubTime":"2021-12-01 09:10","market":"fut","language":"en","title":"VIX Options Trader Reaps Win in 19 Hours as Stocks Resume Swoon<blockquote>随着股市恢复暴跌，VIX 期权交易员在 19 小时内获胜</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1199826373","media":"Bloomberg","summary":"(Bloomberg) -- A sizable bet that equity market volatility would worsen appears to have turned a tid","content":"<p><div> (Bloomberg) -- A sizable bet that equity market volatility would worsen appears to have turned a tidy profit in less than a day. About $13 million was spent last night on 65,000 December call ...</p><p><blockquote><div>（彭博社）——对股市波动性将会恶化的巨大押注似乎在不到一天的时间里就扭转了可观的利润。昨晚，大约1300万美元花在了65,000个12月的看涨期权上……</div></blockquote></p><p>  <a href=\"https://finance.yahoo.com/news/19-hour-vix-options-trade-172836351.html\">网页链接</a>  </div> </p><p><blockquote><a href=\"https://finance.yahoo.com/news/19-hour-vix-options-trade-172836351.html\">网页连接</a></blockquote></p><p></p>","source":"lsy1612507957220","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>VIX Options Trader Reaps Win in 19 Hours as Stocks Resume Swoon<blockquote>随着股市恢复暴跌，VIX 期权交易员在 19 小时内获胜</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\">\nVIX Options Trader Reaps Win in 19 Hours as Stocks Resume Swoon<blockquote>随着股市恢复暴跌，VIX 期权交易员在 19 小时内获胜</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Bloomberg</strong><span class=\"h-time small\">2021-12-01 09:10</span>\n</p>\n</h4>\n</header>\n<article>\n<p><div> (Bloomberg) -- A sizable bet that equity market volatility would worsen appears to have turned a tidy profit in less than a day. About $13 million was spent last night on 65,000 December call ...</p><p><blockquote><div>（彭博社）——对股市波动性将会恶化的巨大押注似乎在不到一天的时间里就扭转了可观的利润。昨晚，大约1300万美元花在了65,000个12月的看涨期权上……</div></blockquote></p><p>  <a href=\"https://finance.yahoo.com/news/19-hour-vix-options-trade-172836351.html\">网页链接</a>  </div> </p><p><blockquote><a href=\"https://finance.yahoo.com/news/19-hour-vix-options-trade-172836351.html\">网页连接</a></blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://finance.yahoo.com/news/19-hour-vix-options-trade-172836351.html\">Bloomberg</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"VIX":"标普500波动率指数"},"source_url":"https://finance.yahoo.com/news/19-hour-vix-options-trade-172836351.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1199826373","content_text":"(Bloomberg) -- A sizable bet that equity market volatility would worsen appears to have turned a tidy profit in less than a day.\nAbout $13 million was spent last night on 65,000 December call contracts tied to the Cboe Volatility Index, with a strike price at 26. Similar volume erupted in the series this morning as the VIX jumped above 27, sending the options to as high as $3.55 after trading as low as $1.75 in the prior session.\nThe timing “seemed pretty good,” said Danny Kirsch, head of options at Cornerstone Macro LLC, adding that transaction was likely a play on volatility increasing. The investor “made some money and monetized the trade.”\nStocks have been under pressure since Friday, when fears surfaced that a new coronavirus variant identified in South Africa could spark fresh outbreaks and scuttle a fragile economic recovery.\nThe S&P 500 retreated Tuesday for a second day in three after Moderna Inc.’s Chief Executive Officer Stephane Bancel told the Financial Times that existing vaccines are likely to be less effective at tackling omicron. Equity losses then deepened after Federal Reserve Chair Jerome Powell said it’s appropriate to consider finishing the central bank’s tapering of asset purchases a few months earlier than previously expected, with inflation proving more persistent than forecast.\nThe trader may have gotten out of the position fretting that Powell would send a dovish signal to spark an equity rally and a drop in VIX, according to Chris Murphy, co-head of derivatives strategy at Susquehanna International Group.\n“This was a pretty aggressive, good sized VIX trade,” he said. “It was likely a ‘VIX came in too hard on Monday and I think it’s gonna bounce’ short-term trade.”\nOf course, as with almost everything in the post-pandemic world, it’s hard to predict central bank policy. And heading into December, the market faces a couple events that have the potential to spur turmoil, including a deadline for Congress to raise the federal debt ceiling by the middle of the month, and the Dec. 15 Fed policy meeting.\n“There are obviously a wealth of issues the market is digesting, from the debt ceiling and tapering to coronavirus -- and this type of trade would profit if markets react negatively to any of those items,” said Brent Kochuba, founder of analytic service SpotGamma. “What’s most interesting is that the trade was fairly short dated, at a strike near-the-money which suggests that it’s more of a bet that the VIX will go higher as opposed to a hedging trade.”","news_type":1,"symbols_score_info":{"VIX":0.9,"VIXmain":0.9}},"isVote":1,"tweetType":1,"viewCount":1579,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":609136985,"gmtCreate":1638249627697,"gmtModify":1638249627824,"author":{"id":"3568940418649845","authorId":"3568940418649845","name":"Chrnox","avatar":"https://static.tigerbbs.com/d8298e6f2695e61a0ffe90273947e675","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3568940418649845","authorIdStr":"3568940418649845"},"themes":[],"title":"","htmlText":"[What]&nbsp;","listText":"[What]&nbsp;","text":"[What]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/609136985","repostId":"1127290390","repostType":4,"repost":{"id":"1127290390","kind":"news","pubTimestamp":1638242636,"share":"https://www.laohunote.com/m/news/1127290390?lang=zh_CN&edition=full","pubTime":"2021-11-30 11:23","market":"us","language":"en","title":"NerdWallet Initiated Buy With $40 Price Target at Bank of America<blockquote>NerdWallet 在美国银行发起买入，目标价为 40 美元</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1127290390","media":"TheStreet","summary":"Bank of America initiated coverage of online personal finance platform NerdWallet (NRDS) Monday with","content":"<p>Bank of America initiated coverage of online personal finance platform NerdWallet (NRDS) Monday with a buy rating and a $40 price target.</p><p><blockquote>美国银行周一开始对在线个人理财平台 NerdWallet (NRDS) 进行买入评级，目标价为 40 美元。</blockquote></p><p> “We believe strong revenue and margin growth, vertical growth initiatives, international expansion, new financial services partnerships, and penetration of a large market opportunity will drive upside to the current stock price,” analyst Nat Schindler wrote in a commentary.</p><p><blockquote>“分析师纳特-辛德勒（Nat Schindler）在一篇评论中写道：”我们相信，强劲的收入和利润率增长、垂直增长计划、国际扩张、新的金融服务合作伙伴关系以及巨大市场机遇的渗透将推动当前股价上涨。</blockquote></p><p> NerdWallet went public Nov. 14 with an offering price of $18. It recently traded at $20.80, down 8%.</p><p><blockquote>NerdWallet 于 11 月 14 日上市，发行价为 18 美元。最近交易价格为20.80美元，下跌8%。</blockquote></p><p> “Our proprietary survey indicates that NerdWallet has relatively high brand recognition, and the company is able to attract audiences to its platform for a variety of products,” Schindler said.</p><p><blockquote>“辛德勒说：”我们的专有调查表明，NerdWallet 的品牌知名度相对较高，该公司能够为其平台吸引多种产品的受众。</blockquote></p><p> “NerdWallet's $73 billion global total addressable market is massive with secular tailwinds from offline-to-online shifts. We believe that NerdWallet is well-positioned to capture market share across the different verticals.”</p><p><blockquote>“NerdWallet 拥有 730 亿美元的全球潜在市场总量，从线下到线上的转变将带来长期的推动力。我们相信，NerdWallet 在不同垂直领域占据市场份额方面处于有利地位。”</blockquote></p><p> NerdWallet’s strengths include:</p><p><blockquote>NerdWallet 的优势包括：</blockquote></p><p> “1) A strong and unique brand driven by independent advice;” Schindler said.</p><p><blockquote>“1）由独立建议驱动的强大而独特的品牌；”辛德勒说。</blockquote></p><p> “2) A large breadth of financial offerings, which drives high engagement levels;</p><p><blockquote>“2）广泛的金融产品，这推动了高参与度；</blockquote></p><p> “3) Growth driven by highly engaged registered users;</p><p><blockquote>“3)由高度参与的注册用户驱动的增长；</blockquote></p><p> “4) International expansion opportunity; and</p><p><blockquote>“4）国际扩张机会；及</blockquote></p><p> “5) An efficient high growth model with strong margins.</p><p><blockquote>“5）利润率高的高效高增长模式。</blockquote></p><p> Investment risks for NerdWallet include:</p><p><blockquote>NerdWallet的投资风险包括：</blockquote></p><p> “1) A highly competitive industry with low barriers to entry;” Schindler said.</p><p><blockquote>“1）竞争激烈、准入门槛低的行业；”辛德勒说。</blockquote></p><p> “2) Significant exposure to macroeconomic and the overall finance industry;</p><p><blockquote>“2）对宏观经济和整个金融行业有重大接触；</blockquote></p><p> “3) High vertical concentration;</p><p><blockquote>“3)高垂直浓度；</blockquote></p><p> “4) High software development cost capitalization; and</p><p><blockquote>“4)高软件开发成本资本化；以及</blockquote></p><p> “5) Regulation and consumer data privacy concerns.”</p><p><blockquote>“5）监管和消费者数据隐私问题。”</blockquote></p><p> For the first half of the year,NerdWallet posted a loss of $26.8 million, swinging from a profit of $3.1 million in the year-earlier period.</p><p><blockquote>今年上半年，NerdWallet 亏损 2680 万美元，高于去年同期 310 万美元的利润。</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>NerdWallet Initiated Buy With $40 Price Target at Bank of America<blockquote>NerdWallet 在美国银行发起买入，目标价为 40 美元</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nNerdWallet Initiated Buy With $40 Price Target at Bank of America<blockquote>NerdWallet 在美国银行发起买入，目标价为 40 美元</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">TheStreet</strong><span class=\"h-time small\">2021-11-30 11:23</span>\n</p>\n</h4>\n</header>\n<article>\n<p>Bank of America initiated coverage of online personal finance platform NerdWallet (NRDS) Monday with a buy rating and a $40 price target.</p><p><blockquote>美国银行周一开始对在线个人理财平台 NerdWallet (NRDS) 进行买入评级，目标价为 40 美元。</blockquote></p><p> “We believe strong revenue and margin growth, vertical growth initiatives, international expansion, new financial services partnerships, and penetration of a large market opportunity will drive upside to the current stock price,” analyst Nat Schindler wrote in a commentary.</p><p><blockquote>“分析师纳特-辛德勒（Nat Schindler）在一篇评论中写道：”我们相信，强劲的收入和利润率增长、垂直增长计划、国际扩张、新的金融服务合作伙伴关系以及巨大市场机遇的渗透将推动当前股价上涨。</blockquote></p><p> NerdWallet went public Nov. 14 with an offering price of $18. It recently traded at $20.80, down 8%.</p><p><blockquote>NerdWallet 于 11 月 14 日上市，发行价为 18 美元。最近交易价格为20.80美元，下跌8%。</blockquote></p><p> “Our proprietary survey indicates that NerdWallet has relatively high brand recognition, and the company is able to attract audiences to its platform for a variety of products,” Schindler said.</p><p><blockquote>“辛德勒说：”我们的专有调查表明，NerdWallet 的品牌知名度相对较高，该公司能够为其平台吸引多种产品的受众。</blockquote></p><p> “NerdWallet's $73 billion global total addressable market is massive with secular tailwinds from offline-to-online shifts. We believe that NerdWallet is well-positioned to capture market share across the different verticals.”</p><p><blockquote>“NerdWallet 拥有 730 亿美元的全球潜在市场总量，从线下到线上的转变将带来长期的推动力。我们相信，NerdWallet 在不同垂直领域占据市场份额方面处于有利地位。”</blockquote></p><p> NerdWallet’s strengths include:</p><p><blockquote>NerdWallet 的优势包括：</blockquote></p><p> “1) A strong and unique brand driven by independent advice;” Schindler said.</p><p><blockquote>“1）由独立建议驱动的强大而独特的品牌；”辛德勒说。</blockquote></p><p> “2) A large breadth of financial offerings, which drives high engagement levels;</p><p><blockquote>“2）广泛的金融产品，这推动了高参与度；</blockquote></p><p> “3) Growth driven by highly engaged registered users;</p><p><blockquote>“3)由高度参与的注册用户驱动的增长；</blockquote></p><p> “4) International expansion opportunity; and</p><p><blockquote>“4）国际扩张机会；及</blockquote></p><p> “5) An efficient high growth model with strong margins.</p><p><blockquote>“5）利润率高的高效高增长模式。</blockquote></p><p> Investment risks for NerdWallet include:</p><p><blockquote>NerdWallet的投资风险包括：</blockquote></p><p> “1) A highly competitive industry with low barriers to entry;” Schindler said.</p><p><blockquote>“1）竞争激烈、准入门槛低的行业；”辛德勒说。</blockquote></p><p> “2) Significant exposure to macroeconomic and the overall finance industry;</p><p><blockquote>“2）对宏观经济和整个金融行业有重大接触；</blockquote></p><p> “3) High vertical concentration;</p><p><blockquote>“3)高垂直浓度；</blockquote></p><p> “4) High software development cost capitalization; and</p><p><blockquote>“4)高软件开发成本资本化；以及</blockquote></p><p> “5) Regulation and consumer data privacy concerns.”</p><p><blockquote>“5）监管和消费者数据隐私问题。”</blockquote></p><p> For the first half of the year,NerdWallet posted a loss of $26.8 million, swinging from a profit of $3.1 million in the year-earlier period.</p><p><blockquote>今年上半年，NerdWallet 亏损 2680 万美元，高于去年同期 310 万美元的利润。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.thestreet.com/investing/nerwallet-rated-buy-40-dollar-price-target-at-bank-of-america\">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":{"NRDS":"NerdWallet"},"source_url":"https://www.thestreet.com/investing/nerwallet-rated-buy-40-dollar-price-target-at-bank-of-america","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1127290390","content_text":"Bank of America initiated coverage of online personal finance platform NerdWallet (NRDS) Monday with a buy rating and a $40 price target.\n“We believe strong revenue and margin growth, vertical growth initiatives, international expansion, new financial services partnerships, and penetration of a large market opportunity will drive upside to the current stock price,” analyst Nat Schindler wrote in a commentary.\nNerdWallet went public Nov. 14 with an offering price of $18. It recently traded at $20.80, down 8%.\n“Our proprietary survey indicates that NerdWallet has relatively high brand recognition, and the company is able to attract audiences to its platform for a variety of products,” Schindler said.\n“NerdWallet's $73 billion global total addressable market is massive with secular tailwinds from offline-to-online shifts. We believe that NerdWallet is well-positioned to capture market share across the different verticals.”\nNerdWallet’s strengths include:\n“1) A strong and unique brand driven by independent advice;” Schindler said.\n“2) A large breadth of financial offerings, which drives high engagement levels;\n“3) Growth driven by highly engaged registered users;\n“4) International expansion opportunity; and\n“5) An efficient high growth model with strong margins.\nInvestment risks for NerdWallet include:\n“1) A highly competitive industry with low barriers to entry;” Schindler said.\n“2) Significant exposure to macroeconomic and the overall finance industry;\n“3) High vertical concentration;\n“4) High software development cost capitalization; and\n“5) Regulation and consumer data privacy concerns.”\nFor the first half of the year,NerdWallet posted a loss of $26.8 million, swinging from a profit of $3.1 million in the year-earlier period.","news_type":1,"symbols_score_info":{"NRDS":0.9}},"isVote":1,"tweetType":1,"viewCount":1010,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":600724973,"gmtCreate":1638199373638,"gmtModify":1638199373956,"author":{"id":"3568940418649845","authorId":"3568940418649845","name":"Chrnox","avatar":"https://static.tigerbbs.com/d8298e6f2695e61a0ffe90273947e675","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3568940418649845","authorIdStr":"3568940418649845"},"themes":[],"title":"","htmlText":"[Cool]&nbsp;","listText":"[Cool]&nbsp;","text":"[Cool]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/600724973","repostId":"1143270367","repostType":4,"isVote":1,"tweetType":1,"viewCount":1029,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":600934098,"gmtCreate":1638035590429,"gmtModify":1638035590558,"author":{"id":"3568940418649845","authorId":"3568940418649845","name":"Chrnox","avatar":"https://static.tigerbbs.com/d8298e6f2695e61a0ffe90273947e675","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3568940418649845","authorIdStr":"3568940418649845"},"themes":[],"title":"","htmlText":"[Miser]&nbsp;","listText":"[Miser]&nbsp;","text":"[Miser]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/600934098","repostId":"2186344334","repostType":4,"isVote":1,"tweetType":1,"viewCount":1129,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0}],"hots":[{"id":691097194,"gmtCreate":1640095755327,"gmtModify":1640095755512,"author":{"id":"3568940418649845","authorId":"3568940418649845","name":"Chrnox","avatar":"https://static.tigerbbs.com/d8298e6f2695e61a0ffe90273947e675","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3568940418649845","idStr":"3568940418649845"},"themes":[],"title":"","htmlText":"[What]&nbsp;","listText":"[What]&nbsp;","text":"[What]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":11,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/691097194","repostId":"2193152065","repostType":4,"repost":{"id":"2193152065","kind":"highlight","weMediaInfo":{"introduction":"Stock Market Quotes, Business News, Financial News, Trading Ideas, and Stock Research by Professionals","home_visible":0,"media_name":"Benzinga Earnings","id":"1052270027","head_image":"https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa"},"pubTimestamp":1640094891,"share":"https://www.laohunote.com/m/news/2193152065?lang=zh_CN&edition=full","pubTime":"2021-12-21 21:54","market":"us","language":"en","title":"Yatra Online Clocks 109% Adjusted Revenue Growth In Q2<blockquote>Yatra Online 第二季度调整后收入增长 109%</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=2193152065","media":"Benzinga Earnings","summary":"\n","content":"<p><ul>  <li><b>Yatra Online Inc</b>&nbsp;(NASDAQ:YTRA)&nbsp;reported second-quarter FY22 adjusted revenue growth&nbsp;of 108.8% year-on-year, to $10.64 million, missing the analyst consensus of $10.68 million.</li>  <li>Adjusted revenue<b>&nbsp;</b>from Air ticketing rose 100.9% Y/Y, and Hotels &amp; Packages climbed 259.0%.</li>  <li>Total gross bookings amounted to $114.1 million, a 348.2% growth Y/Y.</li>  <li>The operating loss for the quarter was $(1.9) million versus $(3.9) million a year earlier. The adjusted EBITDA fell 40% Q/Q to $0.3 million.</li>  <li>The company held $25 million in cash and equivalents as of September 30, 2021.</li>  <li>Adjusted EPS loss of $(0.02) was in line with the consensus.</li>  <li>\"We are also beginning to see signs of recovery in corporate travel, as a large number of employees get fully vaccinated,\" said CEO Dhruv Shringi.</li>  <li>During November 2021, gross booking for corporates grew 81.4% compared to September 2021.</li>  <li><b>Price Action:</b>&nbsp;YTRA shares are trading higher by 6.74% at $1.90 in premarket on the last check Tuesday.</li> </ul></p><p><blockquote><ul><li><b>亚特拉在线公司</b>（纳斯达克股票代码：YTRA）报告称，2022 财年第二季度调整后收入同比增长 108.8%，达到 1064 万美元，低于分析师预期的 1068 万美元。</li><li>调整后收入<b> </b>机票同比增长100.9%，酒店和套餐同比增长259.0%。</li><li>总预订量达1.141亿美元，同比增长348.2%。</li><li>本季度的运营亏损为（190）万美元，而去年同期为（390）万美元。调整后 EBITDA 环比下降 40% 至 30 万美元。</li><li>截至2021年9月30日，该公司持有2500万美元现金及等价物。</li><li>调整后每股收益亏损 (0.02) 美元符合市场共识。</li><li>首席执行官 Dhruv Shringi 表示：“随着大量员工全面接种疫苗，我们也开始看到商务旅行复苏的迹象。”</li><li>2021年11月，企业总预订量较2021年9月增长81.4%。</li><li><b>价格行为：</b>周二最后一次盘前检查时，YTRA 股价上涨 6.74%，至 1.90 美元。</li></ul></blockquote></p><p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Yatra Online Clocks 109% Adjusted Revenue Growth In Q2<blockquote>Yatra Online 第二季度调整后收入增长 109%</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\">\nYatra Online Clocks 109% Adjusted Revenue Growth In Q2<blockquote>Yatra Online 第二季度调整后收入增长 109%</blockquote>\n</h2>\n<h4 class=\"meta\">\n<div class=\"head\" \">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Benzinga Earnings </p>\n<p class=\"h-time smaller\">2021-12-21 21:54</p>\n</div>\n</div>\n</h4>\n</header>\n<article>\n<p><ul>  <li><b>Yatra Online Inc</b>&nbsp;(NASDAQ:YTRA)&nbsp;reported second-quarter FY22 adjusted revenue growth&nbsp;of 108.8% year-on-year, to $10.64 million, missing the analyst consensus of $10.68 million.</li>  <li>Adjusted revenue<b>&nbsp;</b>from Air ticketing rose 100.9% Y/Y, and Hotels &amp; Packages climbed 259.0%.</li>  <li>Total gross bookings amounted to $114.1 million, a 348.2% growth Y/Y.</li>  <li>The operating loss for the quarter was $(1.9) million versus $(3.9) million a year earlier. The adjusted EBITDA fell 40% Q/Q to $0.3 million.</li>  <li>The company held $25 million in cash and equivalents as of September 30, 2021.</li>  <li>Adjusted EPS loss of $(0.02) was in line with the consensus.</li>  <li>\"We are also beginning to see signs of recovery in corporate travel, as a large number of employees get fully vaccinated,\" said CEO Dhruv Shringi.</li>  <li>During November 2021, gross booking for corporates grew 81.4% compared to September 2021.</li>  <li><b>Price Action:</b>&nbsp;YTRA shares are trading higher by 6.74% at $1.90 in premarket on the last check Tuesday.</li> </ul></p><p><blockquote><ul><li><b>亚特拉在线公司</b>（纳斯达克股票代码：YTRA）报告称，2022 财年第二季度调整后收入同比增长 108.8%，达到 1064 万美元，低于分析师预期的 1068 万美元。</li><li>调整后收入<b> </b>机票同比增长100.9%，酒店和套餐同比增长259.0%。</li><li>总预订量达1.141亿美元，同比增长348.2%。</li><li>本季度的运营亏损为（190）万美元，而去年同期为（390）万美元。调整后 EBITDA 环比下降 40% 至 30 万美元。</li><li>截至2021年9月30日，该公司持有2500万美元现金及等价物。</li><li>调整后每股收益亏损 (0.02) 美元符合市场共识。</li><li>首席执行官 Dhruv Shringi 表示：“随着大量员工全面接种疫苗，我们也开始看到商务旅行复苏的迹象。”</li><li>2021年11月，企业总预订量较2021年9月增长81.4%。</li><li><b>价格行为：</b>周二最后一次盘前检查时，YTRA 股价上涨 6.74%，至 1.90 美元。</li></ul></blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"YTRA":"Yatra Online, Inc."},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2193152065","content_text":"Yatra Online Inc (NASDAQ:YTRA) reported second-quarter FY22 adjusted revenue growth of 108.8% year-on-year, to $10.64 million, missing the analyst consensus of $10.68 million.\nAdjusted revenue from Air ticketing rose 100.9% Y/Y, and Hotels & Packages climbed 259.0%.\nTotal gross bookings amounted to $114.1 million, a 348.2% growth Y/Y.\nThe operating loss for the quarter was $(1.9) million versus $(3.9) million a year earlier. The adjusted EBITDA fell 40% Q/Q to $0.3 million.\nThe company held $25 million in cash and equivalents as of September 30, 2021.\nAdjusted EPS loss of $(0.02) was in line with the consensus.\n\"We are also beginning to see signs of recovery in corporate travel, as a large number of employees get fully vaccinated,\" said CEO Dhruv Shringi.\nDuring November 2021, gross booking for corporates grew 81.4% compared to September 2021.\nPrice Action: YTRA shares are trading higher by 6.74% at $1.90 in premarket on the last check Tuesday.","news_type":1,"symbols_score_info":{"YTRA":0.9}},"isVote":1,"tweetType":1,"viewCount":5304,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":828830621,"gmtCreate":1633880511239,"gmtModify":1633880511368,"author":{"id":"3568940418649845","authorId":"3568940418649845","name":"Chrnox","avatar":"https://static.tigerbbs.com/d8298e6f2695e61a0ffe90273947e675","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3568940418649845","idStr":"3568940418649845"},"themes":[],"title":"","htmlText":"[Smile]&nbsp;","listText":"[Smile]&nbsp;","text":"[Smile]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":9,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/828830621","repostId":"2174920514","repostType":4,"isVote":1,"tweetType":1,"viewCount":560,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":145460481,"gmtCreate":1626238057843,"gmtModify":1633928723822,"author":{"id":"3568940418649845","authorId":"3568940418649845","name":"Chrnox","avatar":"https://static.tigerbbs.com/d8298e6f2695e61a0ffe90273947e675","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3568940418649845","idStr":"3568940418649845"},"themes":[],"title":"","htmlText":"Comment and like pls","listText":"Comment and like pls","text":"Comment and like pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":9,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/145460481","repostId":"2151560584","repostType":4,"isVote":1,"tweetType":1,"viewCount":425,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":873034077,"gmtCreate":1636792339918,"gmtModify":1636792340040,"author":{"id":"3568940418649845","authorId":"3568940418649845","name":"Chrnox","avatar":"https://static.tigerbbs.com/d8298e6f2695e61a0ffe90273947e675","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3568940418649845","idStr":"3568940418649845"},"themes":[],"title":"","htmlText":"[Miser]&nbsp;","listText":"[Miser]&nbsp;","text":"[Miser]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/873034077","repostId":"1102251183","repostType":4,"repost":{"id":"1102251183","kind":"news","pubTimestamp":1636772424,"share":"https://www.laohunote.com/m/news/1102251183?lang=zh_CN&edition=full","pubTime":"2021-11-13 11:00","market":"us","language":"en","title":"Pfizer Shows Its R&D Is Strong. It’s a Good Sign for the Stock.<blockquote>辉瑞显示出其研发实力雄厚。这对该股来说是个好兆头。</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1102251183","media":"Barrons","summary":"Pfizer’s chief scientific officer, Mikael Dolsten, sounded giddy when reached via telephone early Mo","content":"<p>Pfizer’s&nbsp;chief scientific officer, Mikael Dolsten, sounded giddy when reached via telephone early Monday morning. It was just days after his company knocked the socks off the market with the news that its Covid-19 antiviral had cut the risk of hospitalization by 89% in high-risk adults.</p><p><blockquote>周一清晨，通过电话联系到辉瑞公司的首席科学官米凯尔-多尔斯滕（Mikael Dolsten）时，他听起来头晕目眩。就在几天前，他的公司宣布其 Covid-19 抗病毒药物已将高危成年人的住院风险降低了 89%，这一消息震惊了市场。</blockquote></p><p> “It can’t be just a random thing, that you’re able to beat this type of world record and get a grand slam at the same time by chance,” Dolsten said, scrambling sports metaphors as he sought to illustrate the magnitude of Pfizer’s twin wins: the development of a stunningly effective Covid-19 vaccine in just 10 months, followed a year later by the development of a similarly stunning Covid-19 antiviral.</p><p><blockquote>“多尔斯滕说：”这不可能是一件偶然的事情，你能够打破这种世界纪录，同时获得大满贯。他在试图说明辉瑞公司双赢的重要性时，用了体育比喻： 仅用了 10 个月就研制出了一种非常有效的 Covid-19 疫苗，一年后又研制出了一种同样令人惊叹的 Covid-19 抗病毒药物。</blockquote></p><p> Two years ago, Pfizer (ticker: PFE) CEO Albert Bourla asked investors to take a big gamble on the research-and-development operation that Dolsten has rebuilt over the course of more than a decade. That bet is looking smarter than ever.</p><p><blockquote>两年前，辉瑞（股票代码：PFE）首席执行官阿尔伯特·布尔拉 (Albert Bourla) 要求投资者在多尔斯滕十多年来重建的研发业务上下大注。这个赌注看起来比以往任何时候都聪明。</blockquote></p><p> Bourla has gotten rid of Pfizer’s off-patent drugs division and the last of its consumer health products, leaving behind a pure-play biopharma company that will live or die on the strength of Dolsten’s science.</p><p><blockquote>Bourla 已经摆脱了辉瑞公司的非专利药物部门及其最后的消费者保健产品，留下了一家纯粹的生物制药公司，该公司将依靠多尔斯滕的科学力量生死存亡。</blockquote></p><p> In a cover story in November 2019, <i>Barron’s</i> argued that Bourla and Dolsten could pull it off.</p><p><blockquote>在 2019 年 11 月的封面故事中，<i>巴伦</i>认为Bourla和Dolsten能成功。</blockquote></p><p> The new antiviral data reaffirms the case for Pfizer that <i>Barron’s</i> made two years ago. Continuing to profit off the pandemic, however, brings new risks, as criticism grows over the global inequity in vaccine distribution. Low-income nations account for less than 1% of the more than seven billion doses administered worldwide. If distribution of Pfizer’s antiviral continues to favor wealthy nations, the company’s stock could ultimately suffer.</p><p><blockquote>新的抗病毒数据再次证实了辉瑞公司的观点：<i>巴伦</i>两年前做的。然而，随着对全球疫苗分配不平等的批评越来越多，继续从疫情中获利会带来新的风险。低收入国家在全球70多亿剂疫苗中所占比例不到1%。如果辉瑞公司抗病毒药物的分销继续有利于富裕国家，该公司的股票最终可能会受到影响。</blockquote></p><p> Pfizer’s shares surged 10.9% the day the data came out, their best daily showing in at least 20 years. Still, with the stock now changing hands at around $50, investors continue to undervalue the company. Investors are pricing Pfizer at 12 times next year’s expected earnings, cheaper than peers like&nbsp;Johnson &amp; Johnson&nbsp;(JNJ) and&nbsp;Eli Lilly&nbsp;(LLY).</p><p><blockquote>数据公布当天，辉瑞公司股价飙升 10.9%，创下至少 20 年来最佳单日表现。尽管如此，随着该股目前在 50 美元左右易手，投资者继续低估该公司的估值。投资者对辉瑞公司的定价是明年预期收益的 12 倍，低于强生公司（JNJ）和礼来公司（LLY）等同行。</blockquote></p><p> The Pfizer discount can be attributed to concerns over the patent cliff the drugmaker faces at the end of the decade. The company stands to lose exclusivity over a handful of drugs that bring in billions in annual revenue.</p><p><blockquote>辉瑞的折扣可归因于对该制药商在本世纪末面临的专利悬崖的担忧。该公司将失去少数几种每年带来数十亿美元收入的药物的独家经营权。</blockquote></p><p> The worries are legitimate, but Pfizer’s scientific coup should give investors confidence that the company’s science can carry it safely over that cliff. It may take time for the market to catch up, but for long-term investors, it’s a promising opportunity.</p><p><blockquote>这种担忧是合理的，但辉瑞公司的科学政变应该让投资者相信，该公司的科学能够安全地渡过悬崖。市场可能需要时间才能迎头赶上，但对于长期投资者来说，这是一个充满希望的机会。</blockquote></p><p> The success of the antiviral is the best illustration yet of Pfizer’s scientific prowess.</p><p><blockquote>抗病毒药物的成功是辉瑞公司科学实力的最好例证。</blockquote></p><p> While Pfizer’s Covid-19 vaccine came out of the labs of the German biotech&nbsp;BioNTech&nbsp;(BNTX), the new Covid-19 antiviral was whipped up by what Dolsten called a “dream team” of scientists at Pfizer’s own labs across the Northeast U.S.</p><p><blockquote>辉瑞公司的 Covid-19 疫苗来自德国生物技术公司 BioNTech (BNTX) 的实验室，而新型 Covid-19 抗病毒药物则是由多尔斯滕所说的辉瑞公司位于美国东北部的实验室科学家 “梦之队 ”研发出来的。</blockquote></p><p> In the earliest days of the pandemic, Pfizer split its efforts between its collaboration with BioNTech on the vaccine and its quest for a Covid-19 pill. The vaccine effort operated on a huge scale; Dolsten called it a “mega team” that spanned the Atlantic.</p><p><blockquote>在大流行的早期，辉瑞公司将精力分散在与 BioNTech 在疫苗方面的合作和对 Covid-19 药丸的追求上。疫苗工作规模巨大；多尔斯滕称之为横跨大西洋的 “巨型团队”。</blockquote></p><p> The antiviral project was a much smaller operation—a group of Pfizer experts operating with resources left over from the vaccine push.</p><p><blockquote>抗病毒项目是一个规模小得多的项目——一组辉瑞专家利用疫苗推广剩余的资源开展工作。</blockquote></p><p> “The small molecule was more like a nimble, laser-focused, high-end team, with rather moderate resources,” Dolsten said.</p><p><blockquote>“多尔斯滕说：”小分子更像是一个灵活、专注于激光的高端团队，资源相当适中。</blockquote></p><p> Dolsten gathered some of Pfizer’s most experienced scientists to work on the antiviral project, including its head of medicine design, Charlotte Allerton. The scientists started with work Pfizer had done years ago on a type of antiviral called a protease inhibitor.</p><p><blockquote>多尔斯滕召集了辉瑞公司一些最有经验的科学家参与抗病毒项目，其中包括辉瑞公司的药物设计主管夏洛特-阿勒顿（Charlotte Allerton）。科学家们从辉瑞公司几年前在一种叫做蛋白酶抑制剂的抗病毒药物上所做的工作开始。</blockquote></p><p> “[Pfizer’s] pharmaceutical R&amp;D is better than people had thought.”</p><p><blockquote>“辉瑞的药物研发比人们想象的要好。”</blockquote></p><p> The protease inhibitors in the Pfizer library, however, had been administered intravenously, and had not worked well when delivered orally. The team had to figure out how to adapt the drugs to oral administration, a substantial undertaking.</p><p><blockquote>然而，辉瑞文库中的蛋白酶抑制剂是静脉注射给药的，口服给药时效果不佳。该团队必须弄清楚如何使药物适应口服给药，这是一项艰巨的任务。</blockquote></p><p> “They had to really create a lot of new chemistry,” Dolsten said. The scientists created 600 compounds to nail down the right drug, a process that might normally take years, and which they accomplished in a matter of months. “Four years turned into four months here,” he said.</p><p><blockquote>“多尔斯滕说：”他们必须真正创造很多新的化学反应。科学家们创造了 600 种化合物来确定合适的药物，这一过程通常可能需要数年时间，但他们在几个月内就完成了。“他说：”四年在这里变成了四个月。</blockquote></p><p> Pfizer started testing the pill in humans in March. It is now running a number of Phase 2/3 trials of the drug, including one for patients who are high risk, one for patients not high risk, and one as a prophylaxis for patients who have been exposed to the virus but aren’t yet sick. In the first readout, the drug looked substantially more effective than the Covid treatment pill from&nbsp;Merck&nbsp;(MRK).</p><p><blockquote>辉瑞公司于三月份开始在人体中测试这种药丸。目前，该公司正在对该药物进行多项 2/3 期试验，包括一项针对高危患者的试验、一项针对非高危患者的试验以及一项针对接触过病毒但尚未患病的患者的预防措施。在第一次读数中，该药物看起来比默克公司 (MRK) 的 Covid 治疗药丸更有效。</blockquote></p><p> “It definitely helps prove the point that [Pfizer’s] pharmaceutical R&amp;D is better than people had thought,” says Louise Chen, an analyst at Cantor Fitzgerald, who has an Overweight rating and a $61 price target on the stock.</p><p><blockquote>“Cantor Fitzgerald 的分析师 Louise Chen 说：”这无疑有助于证明（辉瑞的）药品研发比人们想象的要好。</blockquote></p><p></p><p> Chen says that she doesn’t expect investors to come around to her way of thinking until there is more clarity on the durability of Covid-19 vaccine and pill sales, and the rest of the pipeline gets proved out.</p><p><blockquote>陈说，在 Covid-19 疫苗和药丸销售的耐久性得到更明确以及其余的管道得到证实之前，她预计投资者不会接受她的想法。</blockquote></p><p> “There is not one event that I think will trigger a re-rating of the stock at the next level,” she says. “Until those things play out, I don’t think that it necessarily will.”</p><p><blockquote>“她说：”我认为没有一个事件会引发该股的评级被重新评级到下一个级别。“在这些事情发生之前，我认为不一定会发生。”</blockquote></p><p> That makes a bet on Pfizer a long-term play. In the meantime, the experience of&nbsp;Moderna&nbsp;(MRNA) in recent weeks is highlighting the potential for the vaccine makers to come under scrutiny over unequal distribution of vaccines.</p><p><blockquote>这使得押注辉瑞成为一项长期战略。与此同时，Moderna (MRNA) 最近几周的经历凸显了疫苗制造商因疫苗分配不均而受到审查的可能性。</blockquote></p><p> Biden administration officials have been increasingly frustrated with Moderna, calling on the company to ramp up production so it can offer more doses at not-for-profit prices to low-income countries, with one top official calling on the company to “step up.”</p><p><blockquote>拜登政府官员对 Moderna 公司越来越不满，呼吁该公司提高产量，以便以非营利价格向低收入国家提供更多剂量，一位高级官员呼吁该公司 “加大力度”。</blockquote></p><p> Moderna shares are down more than 40% over the past three months.</p><p><blockquote>Moderna 股价在过去三个月中下跌了 40% 以上。</blockquote></p><p> As the pandemic persists, Pfizer risks eroding the enormous goodwill it earned roughly a year ago when it introduced its Covid-19 vaccine. Earlier this month, Pfizer CEO Bourla blamed low-income countries for unfair vaccine distribution, telling <i>Barron’s</i> that it was their fault for not placing orders. Pfizer has sold a billion vaccine doses to the U.S. at a not-for-profit price to donate to poor countries, and says that a total of at least two billion doses will be delivered to low- and middle-income nations by the end of next year.</p><p><blockquote>随着疫情的持续，辉瑞公司可能会侵蚀大约一年前推出 Covid-19 疫苗时获得的巨大商誉。本月早些时候，辉瑞公司首席执行官布尔拉将疫苗分配不公归咎于低收入国家，并表示<i>巴伦</i>不下单是他们的错。辉瑞公司以非营利价格向美国出售了10亿剂疫苗，用于捐赠给贫困国家，并表示到明年年底将总共至少向中低收入国家交付20亿剂疫苗。</blockquote></p><p> When it comes to antivirals, Pfizer has said only that it will offer tiered pricing for poorer nations, the same approach it has taken with its vaccine.</p><p><blockquote>当谈到抗病毒药物时，辉瑞只表示将为较贫穷的国家提供分层定价，这与它对疫苗采取的方法相同。</blockquote></p><p> That contrasts sharply with Merck’s plan to make its own Covid-19 pill available to poor countries. Merck has signed a deal with a United Nations-backed group that will allow its pill to be licensed globally, with no royalties paid to Merck.</p><p><blockquote>这与默克公司向贫困国家提供自己的 Covid-19 药丸的计划形成了鲜明对比。默克公司已与一个联合国支持的组织签署了一项协议，该协议将允许其药丸在全球获得许可，而默克公司无需支付版税。</blockquote></p><p> Dolsten said that Pfizer is looking into licensing its pill under a similar mechanism as Merck’s. “We will look at those options,” he said. “By no means have we said we would do something different. We just want to make sure whoever will be involved gets the advice and skill to do this.”</p><p><blockquote>多尔斯滕说，辉瑞公司正在考虑按照与默克公司类似的机制对其药片进行许可。“他说：”我们将研究这些方案。“我们绝不是说我们会做一些不同的事情。我们只是想确保无论谁参与其中，都能获得建议和技能。”</blockquote></p><p> Such a step couldn’t come soon enough. Late last month, activists protested outside Bourla’s home, calling on Pfizer to share its vaccine manufacturing technology and to fill orders from low-income countries ahead of those from wealthy countries.</p><p><blockquote>这样的举措来得还不够快。上月底，活动人士在布尔拉家门外举行抗议活动，呼吁辉瑞公司分享其疫苗生产技术，并在富裕国家之前完成低收入国家的订单。</blockquote></p><p> An aggressive plan to share its antiviral would help stave off such criticism, keeping Pfizer in the relative good graces of Washington and allowing its impressive science to continue to drive the stock higher.</p><p><blockquote>分享其抗病毒药物的积极计划将有助于避免此类批评，使辉瑞保持相对良好的华盛顿青睐，并使其令人印象深刻的科学继续推高股价。</blockquote></p><p></p>","source":"lsy1601382232898","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Pfizer Shows Its R&D Is Strong. It’s a Good Sign for the Stock.<blockquote>辉瑞显示出其研发实力雄厚。这对该股来说是个好兆头。</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\">\nPfizer Shows Its R&D Is Strong. It’s a Good Sign for the Stock.<blockquote>辉瑞显示出其研发实力雄厚。这对该股来说是个好兆头。</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Barrons</strong><span class=\"h-time small\">2021-11-13 11:00</span>\n</p>\n</h4>\n</header>\n<article>\n<p>Pfizer’s&nbsp;chief scientific officer, Mikael Dolsten, sounded giddy when reached via telephone early Monday morning. It was just days after his company knocked the socks off the market with the news that its Covid-19 antiviral had cut the risk of hospitalization by 89% in high-risk adults.</p><p><blockquote>周一清晨，通过电话联系到辉瑞公司的首席科学官米凯尔-多尔斯滕（Mikael Dolsten）时，他听起来头晕目眩。就在几天前，他的公司宣布其 Covid-19 抗病毒药物已将高危成年人的住院风险降低了 89%，这一消息震惊了市场。</blockquote></p><p> “It can’t be just a random thing, that you’re able to beat this type of world record and get a grand slam at the same time by chance,” Dolsten said, scrambling sports metaphors as he sought to illustrate the magnitude of Pfizer’s twin wins: the development of a stunningly effective Covid-19 vaccine in just 10 months, followed a year later by the development of a similarly stunning Covid-19 antiviral.</p><p><blockquote>“多尔斯滕说：”这不可能是一件偶然的事情，你能够打破这种世界纪录，同时获得大满贯。他在试图说明辉瑞公司双赢的重要性时，用了体育比喻： 仅用了 10 个月就研制出了一种非常有效的 Covid-19 疫苗，一年后又研制出了一种同样令人惊叹的 Covid-19 抗病毒药物。</blockquote></p><p> Two years ago, Pfizer (ticker: PFE) CEO Albert Bourla asked investors to take a big gamble on the research-and-development operation that Dolsten has rebuilt over the course of more than a decade. That bet is looking smarter than ever.</p><p><blockquote>两年前，辉瑞（股票代码：PFE）首席执行官阿尔伯特·布尔拉 (Albert Bourla) 要求投资者在多尔斯滕十多年来重建的研发业务上下大注。这个赌注看起来比以往任何时候都聪明。</blockquote></p><p> Bourla has gotten rid of Pfizer’s off-patent drugs division and the last of its consumer health products, leaving behind a pure-play biopharma company that will live or die on the strength of Dolsten’s science.</p><p><blockquote>Bourla 已经摆脱了辉瑞公司的非专利药物部门及其最后的消费者保健产品，留下了一家纯粹的生物制药公司，该公司将依靠多尔斯滕的科学力量生死存亡。</blockquote></p><p> In a cover story in November 2019, <i>Barron’s</i> argued that Bourla and Dolsten could pull it off.</p><p><blockquote>在 2019 年 11 月的封面故事中，<i>巴伦</i>认为Bourla和Dolsten能成功。</blockquote></p><p> The new antiviral data reaffirms the case for Pfizer that <i>Barron’s</i> made two years ago. Continuing to profit off the pandemic, however, brings new risks, as criticism grows over the global inequity in vaccine distribution. Low-income nations account for less than 1% of the more than seven billion doses administered worldwide. If distribution of Pfizer’s antiviral continues to favor wealthy nations, the company’s stock could ultimately suffer.</p><p><blockquote>新的抗病毒数据再次证实了辉瑞公司的观点：<i>巴伦</i>两年前做的。然而，随着对全球疫苗分配不平等的批评越来越多，继续从疫情中获利会带来新的风险。低收入国家在全球70多亿剂疫苗中所占比例不到1%。如果辉瑞公司抗病毒药物的分销继续有利于富裕国家，该公司的股票最终可能会受到影响。</blockquote></p><p> Pfizer’s shares surged 10.9% the day the data came out, their best daily showing in at least 20 years. Still, with the stock now changing hands at around $50, investors continue to undervalue the company. Investors are pricing Pfizer at 12 times next year’s expected earnings, cheaper than peers like&nbsp;Johnson &amp; Johnson&nbsp;(JNJ) and&nbsp;Eli Lilly&nbsp;(LLY).</p><p><blockquote>数据公布当天，辉瑞公司股价飙升 10.9%，创下至少 20 年来最佳单日表现。尽管如此，随着该股目前在 50 美元左右易手，投资者继续低估该公司的估值。投资者对辉瑞公司的定价是明年预期收益的 12 倍，低于强生公司（JNJ）和礼来公司（LLY）等同行。</blockquote></p><p> The Pfizer discount can be attributed to concerns over the patent cliff the drugmaker faces at the end of the decade. The company stands to lose exclusivity over a handful of drugs that bring in billions in annual revenue.</p><p><blockquote>辉瑞的折扣可归因于对该制药商在本世纪末面临的专利悬崖的担忧。该公司将失去少数几种每年带来数十亿美元收入的药物的独家经营权。</blockquote></p><p> The worries are legitimate, but Pfizer’s scientific coup should give investors confidence that the company’s science can carry it safely over that cliff. It may take time for the market to catch up, but for long-term investors, it’s a promising opportunity.</p><p><blockquote>这种担忧是合理的，但辉瑞公司的科学政变应该让投资者相信，该公司的科学能够安全地渡过悬崖。市场可能需要时间才能迎头赶上，但对于长期投资者来说，这是一个充满希望的机会。</blockquote></p><p> The success of the antiviral is the best illustration yet of Pfizer’s scientific prowess.</p><p><blockquote>抗病毒药物的成功是辉瑞公司科学实力的最好例证。</blockquote></p><p> While Pfizer’s Covid-19 vaccine came out of the labs of the German biotech&nbsp;BioNTech&nbsp;(BNTX), the new Covid-19 antiviral was whipped up by what Dolsten called a “dream team” of scientists at Pfizer’s own labs across the Northeast U.S.</p><p><blockquote>辉瑞公司的 Covid-19 疫苗来自德国生物技术公司 BioNTech (BNTX) 的实验室，而新型 Covid-19 抗病毒药物则是由多尔斯滕所说的辉瑞公司位于美国东北部的实验室科学家 “梦之队 ”研发出来的。</blockquote></p><p> In the earliest days of the pandemic, Pfizer split its efforts between its collaboration with BioNTech on the vaccine and its quest for a Covid-19 pill. The vaccine effort operated on a huge scale; Dolsten called it a “mega team” that spanned the Atlantic.</p><p><blockquote>在大流行的早期，辉瑞公司将精力分散在与 BioNTech 在疫苗方面的合作和对 Covid-19 药丸的追求上。疫苗工作规模巨大；多尔斯滕称之为横跨大西洋的 “巨型团队”。</blockquote></p><p> The antiviral project was a much smaller operation—a group of Pfizer experts operating with resources left over from the vaccine push.</p><p><blockquote>抗病毒项目是一个规模小得多的项目——一组辉瑞专家利用疫苗推广剩余的资源开展工作。</blockquote></p><p> “The small molecule was more like a nimble, laser-focused, high-end team, with rather moderate resources,” Dolsten said.</p><p><blockquote>“多尔斯滕说：”小分子更像是一个灵活、专注于激光的高端团队，资源相当适中。</blockquote></p><p> Dolsten gathered some of Pfizer’s most experienced scientists to work on the antiviral project, including its head of medicine design, Charlotte Allerton. The scientists started with work Pfizer had done years ago on a type of antiviral called a protease inhibitor.</p><p><blockquote>多尔斯滕召集了辉瑞公司一些最有经验的科学家参与抗病毒项目，其中包括辉瑞公司的药物设计主管夏洛特-阿勒顿（Charlotte Allerton）。科学家们从辉瑞公司几年前在一种叫做蛋白酶抑制剂的抗病毒药物上所做的工作开始。</blockquote></p><p> “[Pfizer’s] pharmaceutical R&amp;D is better than people had thought.”</p><p><blockquote>“辉瑞的药物研发比人们想象的要好。”</blockquote></p><p> The protease inhibitors in the Pfizer library, however, had been administered intravenously, and had not worked well when delivered orally. The team had to figure out how to adapt the drugs to oral administration, a substantial undertaking.</p><p><blockquote>然而，辉瑞文库中的蛋白酶抑制剂是静脉注射给药的，口服给药时效果不佳。该团队必须弄清楚如何使药物适应口服给药，这是一项艰巨的任务。</blockquote></p><p> “They had to really create a lot of new chemistry,” Dolsten said. The scientists created 600 compounds to nail down the right drug, a process that might normally take years, and which they accomplished in a matter of months. “Four years turned into four months here,” he said.</p><p><blockquote>“多尔斯滕说：”他们必须真正创造很多新的化学反应。科学家们创造了 600 种化合物来确定合适的药物，这一过程通常可能需要数年时间，但他们在几个月内就完成了。“他说：”四年在这里变成了四个月。</blockquote></p><p> Pfizer started testing the pill in humans in March. It is now running a number of Phase 2/3 trials of the drug, including one for patients who are high risk, one for patients not high risk, and one as a prophylaxis for patients who have been exposed to the virus but aren’t yet sick. In the first readout, the drug looked substantially more effective than the Covid treatment pill from&nbsp;Merck&nbsp;(MRK).</p><p><blockquote>辉瑞公司于三月份开始在人体中测试这种药丸。目前，该公司正在对该药物进行多项 2/3 期试验，包括一项针对高危患者的试验、一项针对非高危患者的试验以及一项针对接触过病毒但尚未患病的患者的预防措施。在第一次读数中，该药物看起来比默克公司 (MRK) 的 Covid 治疗药丸更有效。</blockquote></p><p> “It definitely helps prove the point that [Pfizer’s] pharmaceutical R&amp;D is better than people had thought,” says Louise Chen, an analyst at Cantor Fitzgerald, who has an Overweight rating and a $61 price target on the stock.</p><p><blockquote>“Cantor Fitzgerald 的分析师 Louise Chen 说：”这无疑有助于证明（辉瑞的）药品研发比人们想象的要好。</blockquote></p><p></p><p> Chen says that she doesn’t expect investors to come around to her way of thinking until there is more clarity on the durability of Covid-19 vaccine and pill sales, and the rest of the pipeline gets proved out.</p><p><blockquote>陈说，在 Covid-19 疫苗和药丸销售的耐久性得到更明确以及其余的管道得到证实之前，她预计投资者不会接受她的想法。</blockquote></p><p> “There is not one event that I think will trigger a re-rating of the stock at the next level,” she says. “Until those things play out, I don’t think that it necessarily will.”</p><p><blockquote>“她说：”我认为没有一个事件会引发该股的评级被重新评级到下一个级别。“在这些事情发生之前，我认为不一定会发生。”</blockquote></p><p> That makes a bet on Pfizer a long-term play. In the meantime, the experience of&nbsp;Moderna&nbsp;(MRNA) in recent weeks is highlighting the potential for the vaccine makers to come under scrutiny over unequal distribution of vaccines.</p><p><blockquote>这使得押注辉瑞成为一项长期战略。与此同时，Moderna (MRNA) 最近几周的经历凸显了疫苗制造商因疫苗分配不均而受到审查的可能性。</blockquote></p><p> Biden administration officials have been increasingly frustrated with Moderna, calling on the company to ramp up production so it can offer more doses at not-for-profit prices to low-income countries, with one top official calling on the company to “step up.”</p><p><blockquote>拜登政府官员对 Moderna 公司越来越不满，呼吁该公司提高产量，以便以非营利价格向低收入国家提供更多剂量，一位高级官员呼吁该公司 “加大力度”。</blockquote></p><p> Moderna shares are down more than 40% over the past three months.</p><p><blockquote>Moderna 股价在过去三个月中下跌了 40% 以上。</blockquote></p><p> As the pandemic persists, Pfizer risks eroding the enormous goodwill it earned roughly a year ago when it introduced its Covid-19 vaccine. Earlier this month, Pfizer CEO Bourla blamed low-income countries for unfair vaccine distribution, telling <i>Barron’s</i> that it was their fault for not placing orders. Pfizer has sold a billion vaccine doses to the U.S. at a not-for-profit price to donate to poor countries, and says that a total of at least two billion doses will be delivered to low- and middle-income nations by the end of next year.</p><p><blockquote>随着疫情的持续，辉瑞公司可能会侵蚀大约一年前推出 Covid-19 疫苗时获得的巨大商誉。本月早些时候，辉瑞公司首席执行官布尔拉将疫苗分配不公归咎于低收入国家，并表示<i>巴伦</i>不下单是他们的错。辉瑞公司以非营利价格向美国出售了10亿剂疫苗，用于捐赠给贫困国家，并表示到明年年底将总共至少向中低收入国家交付20亿剂疫苗。</blockquote></p><p> When it comes to antivirals, Pfizer has said only that it will offer tiered pricing for poorer nations, the same approach it has taken with its vaccine.</p><p><blockquote>当谈到抗病毒药物时，辉瑞只表示将为较贫穷的国家提供分层定价，这与它对疫苗采取的方法相同。</blockquote></p><p> That contrasts sharply with Merck’s plan to make its own Covid-19 pill available to poor countries. Merck has signed a deal with a United Nations-backed group that will allow its pill to be licensed globally, with no royalties paid to Merck.</p><p><blockquote>这与默克公司向贫困国家提供自己的 Covid-19 药丸的计划形成了鲜明对比。默克公司已与一个联合国支持的组织签署了一项协议，该协议将允许其药丸在全球获得许可，而默克公司无需支付版税。</blockquote></p><p> Dolsten said that Pfizer is looking into licensing its pill under a similar mechanism as Merck’s. “We will look at those options,” he said. “By no means have we said we would do something different. We just want to make sure whoever will be involved gets the advice and skill to do this.”</p><p><blockquote>多尔斯滕说，辉瑞公司正在考虑按照与默克公司类似的机制对其药片进行许可。“他说：”我们将研究这些方案。“我们绝不是说我们会做一些不同的事情。我们只是想确保无论谁参与其中，都能获得建议和技能。”</blockquote></p><p> Such a step couldn’t come soon enough. Late last month, activists protested outside Bourla’s home, calling on Pfizer to share its vaccine manufacturing technology and to fill orders from low-income countries ahead of those from wealthy countries.</p><p><blockquote>这样的举措来得还不够快。上月底，活动人士在布尔拉家门外举行抗议活动，呼吁辉瑞公司分享其疫苗生产技术，并在富裕国家之前完成低收入国家的订单。</blockquote></p><p> An aggressive plan to share its antiviral would help stave off such criticism, keeping Pfizer in the relative good graces of Washington and allowing its impressive science to continue to drive the stock higher.</p><p><blockquote>分享其抗病毒药物的积极计划将有助于避免此类批评，使辉瑞保持相对良好的华盛顿青睐，并使其令人印象深刻的科学继续推高股价。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.barrons.com/articles/buy-pfizer-stock-covid-19-51636674652?mod=hp_LEAD_1\">Barrons</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"PFE":"辉瑞"},"source_url":"https://www.barrons.com/articles/buy-pfizer-stock-covid-19-51636674652?mod=hp_LEAD_1","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1102251183","content_text":"Pfizer’s chief scientific officer, Mikael Dolsten, sounded giddy when reached via telephone early Monday morning. It was just days after his company knocked the socks off the market with the news that its Covid-19 antiviral had cut the risk of hospitalization by 89% in high-risk adults.\n“It can’t be just a random thing, that you’re able to beat this type of world record and get a grand slam at the same time by chance,” Dolsten said, scrambling sports metaphors as he sought to illustrate the magnitude of Pfizer’s twin wins: the development of a stunningly effective Covid-19 vaccine in just 10 months, followed a year later by the development of a similarly stunning Covid-19 antiviral.\nTwo years ago, Pfizer (ticker: PFE) CEO Albert Bourla asked investors to take a big gamble on the research-and-development operation that Dolsten has rebuilt over the course of more than a decade. That bet is looking smarter than ever.\nBourla has gotten rid of Pfizer’s off-patent drugs division and the last of its consumer health products, leaving behind a pure-play biopharma company that will live or die on the strength of Dolsten’s science.\nIn a cover story in November 2019, Barron’s argued that Bourla and Dolsten could pull it off.\nThe new antiviral data reaffirms the case for Pfizer that Barron’s made two years ago. Continuing to profit off the pandemic, however, brings new risks, as criticism grows over the global inequity in vaccine distribution. Low-income nations account for less than 1% of the more than seven billion doses administered worldwide. If distribution of Pfizer’s antiviral continues to favor wealthy nations, the company’s stock could ultimately suffer.\nPfizer’s shares surged 10.9% the day the data came out, their best daily showing in at least 20 years. Still, with the stock now changing hands at around $50, investors continue to undervalue the company. Investors are pricing Pfizer at 12 times next year’s expected earnings, cheaper than peers like Johnson & Johnson (JNJ) and Eli Lilly (LLY).\nThe Pfizer discount can be attributed to concerns over the patent cliff the drugmaker faces at the end of the decade. The company stands to lose exclusivity over a handful of drugs that bring in billions in annual revenue.\nThe worries are legitimate, but Pfizer’s scientific coup should give investors confidence that the company’s science can carry it safely over that cliff. It may take time for the market to catch up, but for long-term investors, it’s a promising opportunity.\nThe success of the antiviral is the best illustration yet of Pfizer’s scientific prowess.\nWhile Pfizer’s Covid-19 vaccine came out of the labs of the German biotech BioNTech (BNTX), the new Covid-19 antiviral was whipped up by what Dolsten called a “dream team” of scientists at Pfizer’s own labs across the Northeast U.S.\nIn the earliest days of the pandemic, Pfizer split its efforts between its collaboration with BioNTech on the vaccine and its quest for a Covid-19 pill. The vaccine effort operated on a huge scale; Dolsten called it a “mega team” that spanned the Atlantic.\nThe antiviral project was a much smaller operation—a group of Pfizer experts operating with resources left over from the vaccine push.\n“The small molecule was more like a nimble, laser-focused, high-end team, with rather moderate resources,” Dolsten said.\nDolsten gathered some of Pfizer’s most experienced scientists to work on the antiviral project, including its head of medicine design, Charlotte Allerton. The scientists started with work Pfizer had done years ago on a type of antiviral called a protease inhibitor.\n“[Pfizer’s] pharmaceutical R&D is better than people had thought.”\nThe protease inhibitors in the Pfizer library, however, had been administered intravenously, and had not worked well when delivered orally. The team had to figure out how to adapt the drugs to oral administration, a substantial undertaking.\n“They had to really create a lot of new chemistry,” Dolsten said. The scientists created 600 compounds to nail down the right drug, a process that might normally take years, and which they accomplished in a matter of months. “Four years turned into four months here,” he said.\nPfizer started testing the pill in humans in March. It is now running a number of Phase 2/3 trials of the drug, including one for patients who are high risk, one for patients not high risk, and one as a prophylaxis for patients who have been exposed to the virus but aren’t yet sick. In the first readout, the drug looked substantially more effective than the Covid treatment pill from Merck (MRK).\n“It definitely helps prove the point that [Pfizer’s] pharmaceutical R&D is better than people had thought,” says Louise Chen, an analyst at Cantor Fitzgerald, who has an Overweight rating and a $61 price target on the stock.\nChen says that she doesn’t expect investors to come around to her way of thinking until there is more clarity on the durability of Covid-19 vaccine and pill sales, and the rest of the pipeline gets proved out.\n“There is not one event that I think will trigger a re-rating of the stock at the next level,” she says. “Until those things play out, I don’t think that it necessarily will.”\nThat makes a bet on Pfizer a long-term play. In the meantime, the experience of Moderna (MRNA) in recent weeks is highlighting the potential for the vaccine makers to come under scrutiny over unequal distribution of vaccines.\nBiden administration officials have been increasingly frustrated with Moderna, calling on the company to ramp up production so it can offer more doses at not-for-profit prices to low-income countries, with one top official calling on the company to “step up.”\nModerna shares are down more than 40% over the past three months.\nAs the pandemic persists, Pfizer risks eroding the enormous goodwill it earned roughly a year ago when it introduced its Covid-19 vaccine. Earlier this month, Pfizer CEO Bourla blamed low-income countries for unfair vaccine distribution, telling Barron’s that it was their fault for not placing orders. Pfizer has sold a billion vaccine doses to the U.S. at a not-for-profit price to donate to poor countries, and says that a total of at least two billion doses will be delivered to low- and middle-income nations by the end of next year.\nWhen it comes to antivirals, Pfizer has said only that it will offer tiered pricing for poorer nations, the same approach it has taken with its vaccine.\nThat contrasts sharply with Merck’s plan to make its own Covid-19 pill available to poor countries. Merck has signed a deal with a United Nations-backed group that will allow its pill to be licensed globally, with no royalties paid to Merck.\nDolsten said that Pfizer is looking into licensing its pill under a similar mechanism as Merck’s. “We will look at those options,” he said. “By no means have we said we would do something different. We just want to make sure whoever will be involved gets the advice and skill to do this.”\nSuch a step couldn’t come soon enough. Late last month, activists protested outside Bourla’s home, calling on Pfizer to share its vaccine manufacturing technology and to fill orders from low-income countries ahead of those from wealthy countries.\nAn aggressive plan to share its antiviral would help stave off such criticism, keeping Pfizer in the relative good graces of Washington and allowing its impressive science to continue to drive the stock higher.","news_type":1,"symbols_score_info":{"PFE":0.9}},"isVote":1,"tweetType":1,"viewCount":635,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":850813030,"gmtCreate":1634570115616,"gmtModify":1634570115901,"author":{"id":"3568940418649845","authorId":"3568940418649845","name":"Chrnox","avatar":"https://static.tigerbbs.com/d8298e6f2695e61a0ffe90273947e675","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3568940418649845","idStr":"3568940418649845"},"themes":[],"title":"","htmlText":"[Smile]&nbsp;","listText":"[Smile]&nbsp;","text":"[Smile]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":10,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/850813030","repostId":"1101614627","repostType":4,"isVote":1,"tweetType":1,"viewCount":593,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":835826120,"gmtCreate":1629705469960,"gmtModify":1631893454163,"author":{"id":"3568940418649845","authorId":"3568940418649845","name":"Chrnox","avatar":"https://static.tigerbbs.com/d8298e6f2695e61a0ffe90273947e675","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3568940418649845","idStr":"3568940418649845"},"themes":[],"title":"","htmlText":"😊","listText":"😊","text":"😊","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/835826120","repostId":"2161747692","repostType":4,"isVote":1,"tweetType":1,"viewCount":723,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":601602336,"gmtCreate":1638517282266,"gmtModify":1638517282363,"author":{"id":"3568940418649845","authorId":"3568940418649845","name":"Chrnox","avatar":"https://static.tigerbbs.com/d8298e6f2695e61a0ffe90273947e675","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3568940418649845","idStr":"3568940418649845"},"themes":[],"title":"","htmlText":"🤦🏻‍♂️","listText":"🤦🏻‍♂️","text":"🤦🏻‍♂️","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/601602336","repostId":"1100339971","repostType":4,"repost":{"id":"1100339971","kind":"news","pubTimestamp":1638516924,"share":"https://www.laohunote.com/m/news/1100339971?lang=zh_CN&edition=full","pubTime":"2021-12-03 15:35","market":"us","language":"en","title":"Why Investors Need to Stay Far Away From Rivian (for Now)<blockquote>为什么投资者需要远离Rivian（目前）</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1100339971","media":"Motley Fool","summary":"Investors are loving this electric vehicle start-up. But the numbers (or lack thereof) don't add up.","content":"<p>One of the hottest companies in the investing universe right now is&nbsp;<b>Rivian</b>. The electric vehicle start-up just went public at a market cap north of $100 billion, which is astounding considering the fact it has never generated any sales. With the rise of&nbsp;<b>Tesla</b>, the market leader in&nbsp;electric vehicles, to a market cap north of $1 trillion recently, the excitement around this new industry has reached a fever pitch.</p><p><blockquote>目前投资界最热门的公司之一是<b>Rivian</b>这家电动汽车初创公司刚刚上市，市值超过 1000 亿美元，考虑到它从未产生任何销售额，这令人震惊。随着<b>特斯拉</b>电动汽车的市场领导者，最近市值突破1万亿美元，围绕这个新行业的兴奋已经达到了白热化的程度。</blockquote></p><p> While Rivian's prospectus is exciting, and the company is going after a huge market opportunity, the price one must pay for all this potential is simply too much to ask. Here are a few reasons why investors need to stay far away from Rivian stock right now.</p><p><blockquote>虽然 Rivian 的招股说明书令人兴奋，而且该公司正在寻求巨大的市场机会，但人们必须为所有这些潜力付出的代价实在是太高了。以下是投资者现在需要远离Rivian股票的几个原因。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/af764bd447f10cf89d9c92eb80ad9d14\" tg-width=\"2000\" tg-height=\"1499\" width=\"100%\" height=\"auto\"><span>Image source: Rivian.</span></p><p><blockquote><p class=\"t-img-caption\"><span>图片来源：Rivian。</span></p></blockquote></p><p> <b>The company is pre-revenue</b></p><p><blockquote><b>公司预收</b></blockquote></p><p> At a most basic level, Rivian is not a suitable company to invest in at a market cap of $106 billion because it has never generated any revenue, let alone profits or free cash flow. According to its S-1, which is the SEC filing companies are required to put out before going through an initial public offering (IPO), Rivian produced 12 vehicles in the third quarter, all of which were sold to employees.</p><p><blockquote>从最基本的层面来看，Rivian并不是一家适合以1060亿美元市值投资的公司，因为它从未产生过任何收入，更不用说利润或自由现金流了。根据 S-1（SEC 要求公司在进行首次公开募股 (IPO) 之前提交的文件），Rivian在第三季度生产了 12 辆汽车，全部出售给员工。</blockquote></p><p> By the end of 2021, it expects to produce 1,200 R1Ts (an electric truck), and by the end of 2023, it expects to produce 55,400 total vehicles, which would clear out its current backlog of orders. If Rivian sells these vehicles at an average price of $67,500, the standard cost on its website for the R1T right now, it will generate around $3.7 billion in revenue from now until the end of 2023. With $1.7 billion in negative free cash flow in the first six months of this year, this hypothetical $3.7 billion in revenue would not even come close to covering Rivian's current expense base (which will likely grow as it starts manufacturing at scale). It will likely take three to five years, if not longer, for Rivian to start generating positive free cash flow for shareholders.</p><p><blockquote>到2021年底，预计将生产1,200辆R1T（电动卡车），到2023年底，预计将生产55,400辆汽车，这将清理目前的积压订单。如果Rivian以 67,500 美元的平均价格（目前其网站上 R1T 的标准成本）销售这些汽车，那么从现在到 2023 年底，它将产生约 37 亿美元的收入。今年前六个月的自由现金流为负 17 亿美元，假设的 37 亿美元收入甚至不足以覆盖 Rivian 目前的费用基础（随着其开始大规模生产，费用基础可能会增长）。Rivian可能需要三到五年甚至更长时间才能开始为股东产生正的自由现金流。</blockquote></p><p> <b>Manufacturing cars is a tough business</b></p><p><blockquote><b>制造汽车是一项艰难的业务</b></blockquote></p><p> Rivian's current installed base is for 65,000 R1Ts and 85,000 RCVs (its commercial van), giving it the capacity to generate 150,000 cars a year. Assuming a ballpark average selling price of $67,500 for all these vehicles, that would be over $10 billion in annual revenue for Rivian once it reaches scale. One might assume at this revenue and manufacturing level Rivian would be profitable. But that is misguided thinking.</p><p><blockquote>Rivian 目前的装机量为 65,000 辆 R1T 和 85,000 辆 RCV（其商用货车），使其每年能够生产 150,000 辆汽车。假设所有这些车辆的平均售价为 67,500 美元，一旦达到规模，Rivian的年收入将超过 100 亿美元。人们可能会认为，在这种收入和制造水平下，Rivian将会盈利。但这是被误导的想法。</blockquote></p><p> If we look at Tesla, its closest competitor that is a pure-play electric vehicle manufacturer, it only got close to free cash flow breakeven in 2018 when it delivered 245,000 vehicles. Manufacturing cars is expensive, and investors in Rivian shouldn't expect profit margins to be very high, even once Rivian reaches any sort of maturity a decade from now. Rivian needs to start ramping up its vehicle deliveries, and fast, in order to get anywhere close to fulfilling a market cap of $106 billion.</p><p><blockquote>如果我们看看它最接近的竞争对手、纯电动汽车制造商特斯拉，它在 2018 年交付了 245,000 辆汽车，才接近自由现金流收支平衡。制造汽车成本高昂，Rivian的投资者不应期望利润率会很高，即使Rivian十年后达到任何形式的成熟度。Rivian需要开始快速增加汽车交付量，才能接近实现 1060 亿美元的市值。</blockquote></p><p> <b>Every automaker is all-in on electric</b></p><p><blockquote><b>每个汽车制造商都全力以赴地使用电动汽车</b></blockquote></p><p> One reason Tesla was able to grow unabated for so long is that no other company was taking electric vehicles seriously. This is not the market environment we are currently in. The big car manufacturers along with Tesla and other pure-play electric vehicle start-ups are all investing tens of billions to compete over the next decade.</p><p><blockquote>特斯拉能够长期保持增长的一个原因是，没有其他公司认真对待电动汽车。这不是我们目前所处的市场环境。大型汽车制造商以及特斯拉和其他纯电动汽车初创公司都在投资数百亿美元来参与未来十年的竞争。</blockquote></p><p> <b>Ford</b>&nbsp;has committed $11.4 billion to invest in battery and electric vehicle manufacturing in the U.S.&nbsp;<b>Toyota</b>&nbsp;has committed $13.5 billion to battery development and production alone. And this is just the tip of the iceberg. Over the next five years, competition for electric vehicles will be fierce. Starting at a standstill, Rivian has a tough hill to climb if it wants to gain significant market share in the electric vehicle market.</p><p><blockquote><b>福特</b>已承诺投资 114 亿美元投资美国电池和电动汽车制造。<b>丰田</b>仅电池开发和生产就已投入 135 亿美元。而这只是冰山一角。未来五年，电动汽车的竞争将非常激烈。如果Rivian想在电动汽车市场获得巨大的市场份额，从停滞不前开始，就有一座艰难的山要爬。</blockquote></p><p> <b>Don't forget about the company</b></p><p><blockquote><b>别忘了公司</b></blockquote></p><p> Rivian's stock would likely be overvalued even if it got a 95% haircut, but the company can still go on your watch list if you are&nbsp;bullish on the electric vehicle industry. With $17 billion in cash on its balance sheet after the IPO, a 100,000 fleet order for electric delivery vans going to&nbsp;<b>Amazon</b>, and a sleek-looking truck, Rivian has a chance to grow quickly over the next five years. But paying for the stock at this valuation for the chance that happens when the company is pre-revenue is not a smart bet for investors to make.</p><p><blockquote>即使 Rivian 的股票下跌了 95%，也可能被高估，但如果您看好电动汽车行业，该公司仍然可以列入您的观察名单。IPO 后，其资产负债表上有 170 亿美元现金，10 万辆电动送货车的车队订单将<b>亚马逊</b>以及一款外观时尚的卡车，Rivian有机会在未来五年内快速增长。但对于投资者来说，以这个估值购买股票以获得公司盈利前出现的机会并不是一个明智的选择。</blockquote></p><p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Why Investors Need to Stay Far Away From Rivian (for Now)<blockquote>为什么投资者需要远离Rivian（目前）</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhy Investors Need to Stay Far Away From Rivian (for Now)<blockquote>为什么投资者需要远离Rivian（目前）</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Motley Fool</strong><span class=\"h-time small\">2021-12-03 15:35</span>\n</p>\n</h4>\n</header>\n<article>\n<p>One of the hottest companies in the investing universe right now is&nbsp;<b>Rivian</b>. The electric vehicle start-up just went public at a market cap north of $100 billion, which is astounding considering the fact it has never generated any sales. With the rise of&nbsp;<b>Tesla</b>, the market leader in&nbsp;electric vehicles, to a market cap north of $1 trillion recently, the excitement around this new industry has reached a fever pitch.</p><p><blockquote>目前投资界最热门的公司之一是<b>Rivian</b>这家电动汽车初创公司刚刚上市，市值超过 1000 亿美元，考虑到它从未产生任何销售额，这令人震惊。随着<b>特斯拉</b>电动汽车的市场领导者，最近市值突破1万亿美元，围绕这个新行业的兴奋已经达到了白热化的程度。</blockquote></p><p> While Rivian's prospectus is exciting, and the company is going after a huge market opportunity, the price one must pay for all this potential is simply too much to ask. Here are a few reasons why investors need to stay far away from Rivian stock right now.</p><p><blockquote>虽然 Rivian 的招股说明书令人兴奋，而且该公司正在寻求巨大的市场机会，但人们必须为所有这些潜力付出的代价实在是太高了。以下是投资者现在需要远离Rivian股票的几个原因。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/af764bd447f10cf89d9c92eb80ad9d14\" tg-width=\"2000\" tg-height=\"1499\" width=\"100%\" height=\"auto\"><span>Image source: Rivian.</span></p><p><blockquote><p class=\"t-img-caption\"><span>图片来源：Rivian。</span></p></blockquote></p><p> <b>The company is pre-revenue</b></p><p><blockquote><b>公司预收</b></blockquote></p><p> At a most basic level, Rivian is not a suitable company to invest in at a market cap of $106 billion because it has never generated any revenue, let alone profits or free cash flow. According to its S-1, which is the SEC filing companies are required to put out before going through an initial public offering (IPO), Rivian produced 12 vehicles in the third quarter, all of which were sold to employees.</p><p><blockquote>从最基本的层面来看，Rivian并不是一家适合以1060亿美元市值投资的公司，因为它从未产生过任何收入，更不用说利润或自由现金流了。根据 S-1（SEC 要求公司在进行首次公开募股 (IPO) 之前提交的文件），Rivian在第三季度生产了 12 辆汽车，全部出售给员工。</blockquote></p><p> By the end of 2021, it expects to produce 1,200 R1Ts (an electric truck), and by the end of 2023, it expects to produce 55,400 total vehicles, which would clear out its current backlog of orders. If Rivian sells these vehicles at an average price of $67,500, the standard cost on its website for the R1T right now, it will generate around $3.7 billion in revenue from now until the end of 2023. With $1.7 billion in negative free cash flow in the first six months of this year, this hypothetical $3.7 billion in revenue would not even come close to covering Rivian's current expense base (which will likely grow as it starts manufacturing at scale). It will likely take three to five years, if not longer, for Rivian to start generating positive free cash flow for shareholders.</p><p><blockquote>到2021年底，预计将生产1,200辆R1T（电动卡车），到2023年底，预计将生产55,400辆汽车，这将清理目前的积压订单。如果Rivian以 67,500 美元的平均价格（目前其网站上 R1T 的标准成本）销售这些汽车，那么从现在到 2023 年底，它将产生约 37 亿美元的收入。今年前六个月的自由现金流为负 17 亿美元，假设的 37 亿美元收入甚至不足以覆盖 Rivian 目前的费用基础（随着其开始大规模生产，费用基础可能会增长）。Rivian可能需要三到五年甚至更长时间才能开始为股东产生正的自由现金流。</blockquote></p><p> <b>Manufacturing cars is a tough business</b></p><p><blockquote><b>制造汽车是一项艰难的业务</b></blockquote></p><p> Rivian's current installed base is for 65,000 R1Ts and 85,000 RCVs (its commercial van), giving it the capacity to generate 150,000 cars a year. Assuming a ballpark average selling price of $67,500 for all these vehicles, that would be over $10 billion in annual revenue for Rivian once it reaches scale. One might assume at this revenue and manufacturing level Rivian would be profitable. But that is misguided thinking.</p><p><blockquote>Rivian 目前的装机量为 65,000 辆 R1T 和 85,000 辆 RCV（其商用货车），使其每年能够生产 150,000 辆汽车。假设所有这些车辆的平均售价为 67,500 美元，一旦达到规模，Rivian的年收入将超过 100 亿美元。人们可能会认为，在这种收入和制造水平下，Rivian将会盈利。但这是被误导的想法。</blockquote></p><p> If we look at Tesla, its closest competitor that is a pure-play electric vehicle manufacturer, it only got close to free cash flow breakeven in 2018 when it delivered 245,000 vehicles. Manufacturing cars is expensive, and investors in Rivian shouldn't expect profit margins to be very high, even once Rivian reaches any sort of maturity a decade from now. Rivian needs to start ramping up its vehicle deliveries, and fast, in order to get anywhere close to fulfilling a market cap of $106 billion.</p><p><blockquote>如果我们看看它最接近的竞争对手、纯电动汽车制造商特斯拉，它在 2018 年交付了 245,000 辆汽车，才接近自由现金流收支平衡。制造汽车成本高昂，Rivian的投资者不应期望利润率会很高，即使Rivian十年后达到任何形式的成熟度。Rivian需要开始快速增加汽车交付量，才能接近实现 1060 亿美元的市值。</blockquote></p><p> <b>Every automaker is all-in on electric</b></p><p><blockquote><b>每个汽车制造商都全力以赴地使用电动汽车</b></blockquote></p><p> One reason Tesla was able to grow unabated for so long is that no other company was taking electric vehicles seriously. This is not the market environment we are currently in. The big car manufacturers along with Tesla and other pure-play electric vehicle start-ups are all investing tens of billions to compete over the next decade.</p><p><blockquote>特斯拉能够长期保持增长的一个原因是，没有其他公司认真对待电动汽车。这不是我们目前所处的市场环境。大型汽车制造商以及特斯拉和其他纯电动汽车初创公司都在投资数百亿美元来参与未来十年的竞争。</blockquote></p><p> <b>Ford</b>&nbsp;has committed $11.4 billion to invest in battery and electric vehicle manufacturing in the U.S.&nbsp;<b>Toyota</b>&nbsp;has committed $13.5 billion to battery development and production alone. And this is just the tip of the iceberg. Over the next five years, competition for electric vehicles will be fierce. Starting at a standstill, Rivian has a tough hill to climb if it wants to gain significant market share in the electric vehicle market.</p><p><blockquote><b>福特</b>已承诺投资 114 亿美元投资美国电池和电动汽车制造。<b>丰田</b>仅电池开发和生产就已投入 135 亿美元。而这只是冰山一角。未来五年，电动汽车的竞争将非常激烈。如果Rivian想在电动汽车市场获得巨大的市场份额，从停滞不前开始，就有一座艰难的山要爬。</blockquote></p><p> <b>Don't forget about the company</b></p><p><blockquote><b>别忘了公司</b></blockquote></p><p> Rivian's stock would likely be overvalued even if it got a 95% haircut, but the company can still go on your watch list if you are&nbsp;bullish on the electric vehicle industry. With $17 billion in cash on its balance sheet after the IPO, a 100,000 fleet order for electric delivery vans going to&nbsp;<b>Amazon</b>, and a sleek-looking truck, Rivian has a chance to grow quickly over the next five years. But paying for the stock at this valuation for the chance that happens when the company is pre-revenue is not a smart bet for investors to make.</p><p><blockquote>即使 Rivian 的股票下跌了 95%，也可能被高估，但如果您看好电动汽车行业，该公司仍然可以列入您的观察名单。IPO 后，其资产负债表上有 170 亿美元现金，10 万辆电动送货车的车队订单将<b>亚马逊</b>以及一款外观时尚的卡车，Rivian有机会在未来五年内快速增长。但对于投资者来说，以这个估值购买股票以获得公司盈利前出现的机会并不是一个明智的选择。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.fool.com/investing/2021/12/02/why-investors-need-to-stay-far-away-from-rivian/\">Motley Fool</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"RIVN":"Rivian Automotive, Inc."},"source_url":"https://www.fool.com/investing/2021/12/02/why-investors-need-to-stay-far-away-from-rivian/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1100339971","content_text":"One of the hottest companies in the investing universe right now is Rivian. The electric vehicle start-up just went public at a market cap north of $100 billion, which is astounding considering the fact it has never generated any sales. With the rise of Tesla, the market leader in electric vehicles, to a market cap north of $1 trillion recently, the excitement around this new industry has reached a fever pitch.\nWhile Rivian's prospectus is exciting, and the company is going after a huge market opportunity, the price one must pay for all this potential is simply too much to ask. Here are a few reasons why investors need to stay far away from Rivian stock right now.\nImage source: Rivian.\nThe company is pre-revenue\nAt a most basic level, Rivian is not a suitable company to invest in at a market cap of $106 billion because it has never generated any revenue, let alone profits or free cash flow. According to its S-1, which is the SEC filing companies are required to put out before going through an initial public offering (IPO), Rivian produced 12 vehicles in the third quarter, all of which were sold to employees.\nBy the end of 2021, it expects to produce 1,200 R1Ts (an electric truck), and by the end of 2023, it expects to produce 55,400 total vehicles, which would clear out its current backlog of orders. If Rivian sells these vehicles at an average price of $67,500, the standard cost on its website for the R1T right now, it will generate around $3.7 billion in revenue from now until the end of 2023. With $1.7 billion in negative free cash flow in the first six months of this year, this hypothetical $3.7 billion in revenue would not even come close to covering Rivian's current expense base (which will likely grow as it starts manufacturing at scale). It will likely take three to five years, if not longer, for Rivian to start generating positive free cash flow for shareholders.\nManufacturing cars is a tough business\nRivian's current installed base is for 65,000 R1Ts and 85,000 RCVs (its commercial van), giving it the capacity to generate 150,000 cars a year. Assuming a ballpark average selling price of $67,500 for all these vehicles, that would be over $10 billion in annual revenue for Rivian once it reaches scale. One might assume at this revenue and manufacturing level Rivian would be profitable. But that is misguided thinking.\nIf we look at Tesla, its closest competitor that is a pure-play electric vehicle manufacturer, it only got close to free cash flow breakeven in 2018 when it delivered 245,000 vehicles. Manufacturing cars is expensive, and investors in Rivian shouldn't expect profit margins to be very high, even once Rivian reaches any sort of maturity a decade from now. Rivian needs to start ramping up its vehicle deliveries, and fast, in order to get anywhere close to fulfilling a market cap of $106 billion.\nEvery automaker is all-in on electric\nOne reason Tesla was able to grow unabated for so long is that no other company was taking electric vehicles seriously. This is not the market environment we are currently in. The big car manufacturers along with Tesla and other pure-play electric vehicle start-ups are all investing tens of billions to compete over the next decade.\nFord has committed $11.4 billion to invest in battery and electric vehicle manufacturing in the U.S. Toyota has committed $13.5 billion to battery development and production alone. And this is just the tip of the iceberg. Over the next five years, competition for electric vehicles will be fierce. Starting at a standstill, Rivian has a tough hill to climb if it wants to gain significant market share in the electric vehicle market.\nDon't forget about the company\nRivian's stock would likely be overvalued even if it got a 95% haircut, but the company can still go on your watch list if you are bullish on the electric vehicle industry. With $17 billion in cash on its balance sheet after the IPO, a 100,000 fleet order for electric delivery vans going to Amazon, and a sleek-looking truck, Rivian has a chance to grow quickly over the next five years. But paying for the stock at this valuation for the chance that happens when the company is pre-revenue is not a smart bet for investors to make.","news_type":1,"symbols_score_info":{"RIVN":0.9}},"isVote":1,"tweetType":1,"viewCount":1026,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":877800010,"gmtCreate":1637906532899,"gmtModify":1637906533036,"author":{"id":"3568940418649845","authorId":"3568940418649845","name":"Chrnox","avatar":"https://static.tigerbbs.com/d8298e6f2695e61a0ffe90273947e675","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3568940418649845","idStr":"3568940418649845"},"themes":[],"title":"","htmlText":"[Happy]&nbsp;","listText":"[Happy]&nbsp;","text":"[Happy]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/877800010","repostId":"1140860026","repostType":4,"repost":{"id":"1140860026","kind":"news","pubTimestamp":1637904477,"share":"https://www.laohunote.com/m/news/1140860026?lang=zh_CN&edition=full","pubTime":"2021-11-26 13:27","market":"us","language":"en","title":"Is the Stock Market Open Today? Here Are the Black Friday Hours.<blockquote>今天股市开盘吗？这是黑色星期五时间。</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1140860026","media":"Barrons","summary":"Fresh off Thanksgiving, many Americans may be looking for deals on Black Friday—with investors likel","content":"<p>Fresh off Thanksgiving, many Americans may be looking for deals on Black Friday—with investors likely planning to trade on U.S. exchanges. Here’s what you need to know before trying to make changes to your portfolio.</p><p><blockquote>感恩节刚过，许多美国人可能正在寻找黑色星期五的交易——投资者可能计划在美国交易所进行交易。以下是您在尝试更改投资组合之前需要了解的信息。</blockquote></p><p> <b>Is the Stock Market Closed on Black Friday?</b></p><p><blockquote><b>黑色星期五股市休市吗？</b></blockquote></p><p> No, the&nbsp;New York Stock Exchange&nbsp;and&nbsp;the Nasdaq&nbsp;will be open on Black Friday. But you’ll have to get your trades in early, because both close at 1 p.m. Eastern.</p><p><blockquote>不，纽约证券交易所和纳斯达克将在黑色星期五开放。但您必须早点入场，因为两家公司都在东部时间下午 1 点收盘。</blockquote></p><p> U.S. bond markets and U.S. over-the-counter markets will shut down at 2 p.m.</p><p><blockquote>美国债券市场和美国场外交易市场将于下午2点休市。</blockquote></p><p> <b>Are Foreign Stock Exchanges Open on Black Friday?</b></p><p><blockquote><b>黑色星期五外国证券交易所开门吗？</b></blockquote></p><p> The Toronto Stock Exchange, the Frankfurt Stock Exchange, the&nbsp;London Stock Exchange,&nbsp;and the&nbsp;Shanghai Stock Exchange will all be open on Black Friday.</p><p><blockquote>多伦多证券交易所、法兰克福证券交易所、伦敦证券交易所和上海证券交易所都将在黑色星期五开市。</blockquote></p><p> <b>How Has the Stock Market Previously Performed on Black Friday?</b></p><p><blockquote><b>此前黑色星期五股市表现如何？</b></blockquote></p><p> From 2001 to 2020, the S&amp;P 500‘s performance on Black Friday was mixed, finishing up just half of the time. The index gained more than 1% on three Black Fridays—in 2001, 2007, and 2012—while it slipped 1.7% on the “retail holiday” in 2009.</p><p><blockquote>从2001年到2020年，标普500在黑色星期五的表现喜忧参半，只完成了一半的时间。该指数在 2001 年、2007 年和 2012 年的三个黑色星期五上涨了 1% 以上，而在 2009 年的 “零售假日 ”下滑了 1.7%。</blockquote></p><p> <b>What Does Black Friday Mean for Retailers?</b></p><p><blockquote><b>黑色星期五对零售商意味着什么？</b></blockquote></p><p> Investors have been optimistic in the leadup to the holiday season. Many retailers have had to learn how to leverage the pandemic for their physical stores—and they’ve seen increased bricks-and-mortar shopping.</p><p><blockquote>投资者对假期前夕一直持乐观态度。许多零售商不得不学习如何利用大流行病来开设实体店--他们看到实体店购物有所增加。</blockquote></p><p> Last week, retail giant&nbsp;Walmart&nbsp;(ticker: WMT) reported third-quarter earnings and sales that&nbsp;beat Wall Street estimates, with the company raising its&nbsp;fiscal-year guidance.&nbsp;Home Depot(HD) also reported third-quarter earnings that&nbsp;beat earnings expectations, thanks to continued interest in home improvement amid a strong housing market.</p><p><blockquote>上周，零售巨头沃尔玛（股票代码：WMT）公布的第三季度收益和销售额超出了华尔街的预期，该公司上调了财年指引。家得宝（HD）也公布了超出盈利预期的第三季度收益，这要归功于在强劲的房地产市场中人们对家装的持续兴趣。</blockquote></p><p> Retail stocks have largely performed well so far this year: the&nbsp;SPDR S&amp;P Retail&nbsp;exchange-traded fund&nbsp;(XRT) is up roughly 60%, while the S&amp;P 500 has gained around 25%. The&nbsp;Invesco S&amp;P 500 Equal Weight Consumer Discretionary&nbsp;ETF (RCD), which is evenly weighted so that price movements aren’t too swayed by any one stock,has climbed about 30%.</p><p><blockquote>今年到目前为止，零售股基本表现良好：SPDR S&amp;P 零售交易所交易基金 (XRT) 上涨了约 60%，而标普500上涨了约 25%。景顺标普500等权重消费品 ETF (RCD) 上涨了约 30%，该基金的权重均匀，因此价格变动不会受到任何一只股票的过大影响。</blockquote></p><p> <b>Is the Stock Market Open on Cyber Monday?</b></p><p><blockquote><b>网络星期一股市开盘吗？</b></blockquote></p><p> Yes. The New York Stock Exchange and the Nasdaq will return to normal trading hours and open at 9:30 a.m. Eastern on Nov. 29th, or Cyber Monday, when many retailers are planning to offer special discounts online.</p><p><blockquote>是的。纽约证券交易所和纳斯达克将恢复正常交易时间，并于上午9:30开市。11月29日，即网络星期一，许多零售商计划在网上提供特别折扣。</blockquote></p><p> U.S. bond markets and U.S. over-the-counter markets will also resume regular hours of operation.</p><p><blockquote>美国债券市场和美国场外交易市场也将恢复正常营业时间。</blockquote></p><p></p>","source":"lsy1601382232898","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Is the Stock Market Open Today? Here Are the Black Friday Hours.<blockquote>今天股市开盘吗？这是黑色星期五时间。</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\">\nIs the Stock Market Open Today? Here Are the Black Friday Hours.<blockquote>今天股市开盘吗？这是黑色星期五时间。</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Barrons</strong><span class=\"h-time small\">2021-11-26 13:27</span>\n</p>\n</h4>\n</header>\n<article>\n<p>Fresh off Thanksgiving, many Americans may be looking for deals on Black Friday—with investors likely planning to trade on U.S. exchanges. Here’s what you need to know before trying to make changes to your portfolio.</p><p><blockquote>感恩节刚过，许多美国人可能正在寻找黑色星期五的交易——投资者可能计划在美国交易所进行交易。以下是您在尝试更改投资组合之前需要了解的信息。</blockquote></p><p> <b>Is the Stock Market Closed on Black Friday?</b></p><p><blockquote><b>黑色星期五股市休市吗？</b></blockquote></p><p> No, the&nbsp;New York Stock Exchange&nbsp;and&nbsp;the Nasdaq&nbsp;will be open on Black Friday. But you’ll have to get your trades in early, because both close at 1 p.m. Eastern.</p><p><blockquote>不，纽约证券交易所和纳斯达克将在黑色星期五开放。但您必须早点入场，因为两家公司都在东部时间下午 1 点收盘。</blockquote></p><p> U.S. bond markets and U.S. over-the-counter markets will shut down at 2 p.m.</p><p><blockquote>美国债券市场和美国场外交易市场将于下午2点休市。</blockquote></p><p> <b>Are Foreign Stock Exchanges Open on Black Friday?</b></p><p><blockquote><b>黑色星期五外国证券交易所开门吗？</b></blockquote></p><p> The Toronto Stock Exchange, the Frankfurt Stock Exchange, the&nbsp;London Stock Exchange,&nbsp;and the&nbsp;Shanghai Stock Exchange will all be open on Black Friday.</p><p><blockquote>多伦多证券交易所、法兰克福证券交易所、伦敦证券交易所和上海证券交易所都将在黑色星期五开市。</blockquote></p><p> <b>How Has the Stock Market Previously Performed on Black Friday?</b></p><p><blockquote><b>此前黑色星期五股市表现如何？</b></blockquote></p><p> From 2001 to 2020, the S&amp;P 500‘s performance on Black Friday was mixed, finishing up just half of the time. The index gained more than 1% on three Black Fridays—in 2001, 2007, and 2012—while it slipped 1.7% on the “retail holiday” in 2009.</p><p><blockquote>从2001年到2020年，标普500在黑色星期五的表现喜忧参半，只完成了一半的时间。该指数在 2001 年、2007 年和 2012 年的三个黑色星期五上涨了 1% 以上，而在 2009 年的 “零售假日 ”下滑了 1.7%。</blockquote></p><p> <b>What Does Black Friday Mean for Retailers?</b></p><p><blockquote><b>黑色星期五对零售商意味着什么？</b></blockquote></p><p> Investors have been optimistic in the leadup to the holiday season. Many retailers have had to learn how to leverage the pandemic for their physical stores—and they’ve seen increased bricks-and-mortar shopping.</p><p><blockquote>投资者对假期前夕一直持乐观态度。许多零售商不得不学习如何利用大流行病来开设实体店--他们看到实体店购物有所增加。</blockquote></p><p> Last week, retail giant&nbsp;Walmart&nbsp;(ticker: WMT) reported third-quarter earnings and sales that&nbsp;beat Wall Street estimates, with the company raising its&nbsp;fiscal-year guidance.&nbsp;Home Depot(HD) also reported third-quarter earnings that&nbsp;beat earnings expectations, thanks to continued interest in home improvement amid a strong housing market.</p><p><blockquote>上周，零售巨头沃尔玛（股票代码：WMT）公布的第三季度收益和销售额超出了华尔街的预期，该公司上调了财年指引。家得宝（HD）也公布了超出盈利预期的第三季度收益，这要归功于在强劲的房地产市场中人们对家装的持续兴趣。</blockquote></p><p> Retail stocks have largely performed well so far this year: the&nbsp;SPDR S&amp;P Retail&nbsp;exchange-traded fund&nbsp;(XRT) is up roughly 60%, while the S&amp;P 500 has gained around 25%. The&nbsp;Invesco S&amp;P 500 Equal Weight Consumer Discretionary&nbsp;ETF (RCD), which is evenly weighted so that price movements aren’t too swayed by any one stock,has climbed about 30%.</p><p><blockquote>今年到目前为止，零售股基本表现良好：SPDR S&amp;P 零售交易所交易基金 (XRT) 上涨了约 60%，而标普500上涨了约 25%。景顺标普500等权重消费品 ETF (RCD) 上涨了约 30%，该基金的权重均匀，因此价格变动不会受到任何一只股票的过大影响。</blockquote></p><p> <b>Is the Stock Market Open on Cyber Monday?</b></p><p><blockquote><b>网络星期一股市开盘吗？</b></blockquote></p><p> Yes. The New York Stock Exchange and the Nasdaq will return to normal trading hours and open at 9:30 a.m. Eastern on Nov. 29th, or Cyber Monday, when many retailers are planning to offer special discounts online.</p><p><blockquote>是的。纽约证券交易所和纳斯达克将恢复正常交易时间，并于上午9:30开市。11月29日，即网络星期一，许多零售商计划在网上提供特别折扣。</blockquote></p><p> U.S. bond markets and U.S. over-the-counter markets will also resume regular hours of operation.</p><p><blockquote>美国债券市场和美国场外交易市场也将恢复正常营业时间。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.barrons.com/articles/stock-market-hours-black-friday-cyber-monday-51637782967?mod=hp_LATEST\">Barrons</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯",".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite"},"source_url":"https://www.barrons.com/articles/stock-market-hours-black-friday-cyber-monday-51637782967?mod=hp_LATEST","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1140860026","content_text":"Fresh off Thanksgiving, many Americans may be looking for deals on Black Friday—with investors likely planning to trade on U.S. exchanges. Here’s what you need to know before trying to make changes to your portfolio.\nIs the Stock Market Closed on Black Friday?\nNo, the New York Stock Exchange and the Nasdaq will be open on Black Friday. But you’ll have to get your trades in early, because both close at 1 p.m. Eastern.\nU.S. bond markets and U.S. over-the-counter markets will shut down at 2 p.m.\nAre Foreign Stock Exchanges Open on Black Friday?\nThe Toronto Stock Exchange, the Frankfurt Stock Exchange, the London Stock Exchange, and the Shanghai Stock Exchange will all be open on Black Friday.\nHow Has the Stock Market Previously Performed on Black Friday?\nFrom 2001 to 2020, the S&P 500‘s performance on Black Friday was mixed, finishing up just half of the time. The index gained more than 1% on three Black Fridays—in 2001, 2007, and 2012—while it slipped 1.7% on the “retail holiday” in 2009.\nWhat Does Black Friday Mean for Retailers?\nInvestors have been optimistic in the leadup to the holiday season. Many retailers have had to learn how to leverage the pandemic for their physical stores—and they’ve seen increased bricks-and-mortar shopping.\nLast week, retail giant Walmart (ticker: WMT) reported third-quarter earnings and sales that beat Wall Street estimates, with the company raising its fiscal-year guidance. Home Depot(HD) also reported third-quarter earnings that beat earnings expectations, thanks to continued interest in home improvement amid a strong housing market.\nRetail stocks have largely performed well so far this year: the SPDR S&P Retail exchange-traded fund (XRT) is up roughly 60%, while the S&P 500 has gained around 25%. The Invesco S&P 500 Equal Weight Consumer Discretionary ETF (RCD), which is evenly weighted so that price movements aren’t too swayed by any one stock,has climbed about 30%.\nIs the Stock Market Open on Cyber Monday?\nYes. The New York Stock Exchange and the Nasdaq will return to normal trading hours and open at 9:30 a.m. Eastern on Nov. 29th, or Cyber Monday, when many retailers are planning to offer special discounts online.\nU.S. bond markets and U.S. over-the-counter markets will also resume regular hours of operation.","news_type":1,"symbols_score_info":{".SPX":0.9,".DJI":0.9,".IXIC":0.9}},"isVote":1,"tweetType":1,"viewCount":548,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":897145847,"gmtCreate":1628902424789,"gmtModify":1631893454181,"author":{"id":"3568940418649845","authorId":"3568940418649845","name":"Chrnox","avatar":"https://static.tigerbbs.com/d8298e6f2695e61a0ffe90273947e675","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3568940418649845","idStr":"3568940418649845"},"themes":[],"title":"","htmlText":"🥲","listText":"🥲","text":"🥲","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/897145847","repostId":"2159215280","repostType":4,"isVote":1,"tweetType":1,"viewCount":377,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":179267358,"gmtCreate":1626535782574,"gmtModify":1633925997637,"author":{"id":"3568940418649845","authorId":"3568940418649845","name":"Chrnox","avatar":"https://static.tigerbbs.com/d8298e6f2695e61a0ffe90273947e675","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3568940418649845","idStr":"3568940418649845"},"themes":[],"title":"","htmlText":"Like and comment pls","listText":"Like and comment pls","text":"Like and comment pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/179267358","repostId":"1198202103","repostType":4,"isVote":1,"tweetType":1,"viewCount":700,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}