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2021-06-08

Like and comment pls

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2021-06-08

Like and comment pls

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2021-05-31

Like and comment thanks

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2021-05-17

Good

抱歉，原内容已删除

2021-05-16

Nice

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2021-03-12

Wew wew

2021-02-26

Gg noooo

2021-02-26

Wtf

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2021-02-26

Gosh

GameStop Round 2? How an options-buying frenzy is providing another jolt to meme stocks<blockquote>游戏驿站第二轮？期权购买狂潮如何给模因股票带来另一次冲击</blockquote>

2021-02-26

Gg

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2021-02-26

Jei jei

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2021-02-25

Wooo gosh

2021-02-25

Gme gg

7 smarter ways to play the boom in videogames and esports than buying GameStop<blockquote>比购买游戏驿站更聪明的7种方式来应对视频游戏和电子竞技的热潮</blockquote>

2021-02-25

Oh no

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2021-02-25

Apple car!

Wall Street Is Obsessed With an Apple Car. Why Tech Analysts Might Be Too Excited.<blockquote>华尔街痴迷于苹果汽车。为什么科技分析师可能过于兴奋。</blockquote>

2021-02-25

Nice

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2021-02-24

Omg

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2021-02-24

Wew

The days of easy money in the stock market are now over<blockquote>股市轻松赚钱的日子现已结束</blockquote>

2021-02-24

:)

What Type Of Shareholders Own The Most Number of NetEase, Inc. Shares?<blockquote>什么类型的股东拥有最多的网易股份？</blockquote>

2021-02-24

Nice v

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11:40","market":"us","language":"en","title":"GameStop Round 2? How an options-buying frenzy is providing another jolt to meme stocks<blockquote>游戏驿站第二轮？期权购买狂潮如何给模因股票带来另一次冲击</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1120523685","media":"MarketWatch","summary":"It’s not just individual investors participating in latest squeeze, observers say\nAnother options-fu","content":"<p>It’s not just individual investors participating in latest squeeze, observers say</p><p><blockquote>观察人士称，参与最新挤压的不仅仅是个人投资者</blockquote></p><p> Another options-fueled buying frenzy appeared to be sending shares of GameStop Corp. and other “meme” stocks soaring on Thursday. But unlike last month’s market-rattling move, it wasn’t clear that individual investors were the primary driver.</p><p><blockquote>另一场由期权引发的购买狂潮似乎导致游戏驿站公司和其他“模因”股票的股价周四飙升。但与上个月令市场不安的举动不同，目前尚不清楚个人投资者是否是主要驱动力。</blockquote></p><p> The primary mechanism, however, appeared largely the same.</p><p><blockquote>然而，主要机制似乎基本相同。</blockquote></p><p> A surge in purchases of GameStop call options, centered on those with a strike price of $60 and due to expire at the end of the week, was seen late Wednesday afternoon, said Gust Kepler, chief executive of BlackBoxStocks, a stock-and-options analytics and social platform. That triggered an alert sent by BlackBoxStocks at 3:27 p.m. Eastern, he said. Another alert was triggered early Thursday by heavy interest in calls with a $125 strike price.</p><p><blockquote>股票和期权公司BlackBoxStocks首席执行官Gust Kepler表示，周三下午晚些时候，游戏驿站·看涨期权期权的购买量激增，主要是执行价为60美元、将于本周末到期的期权。分析和社交平台。这触发了BlackBoxStocks在下午3点27分发送的警报。东方，他说。周四早些时候，由于对评级的浓厚兴趣，执行价为125美元，引发了另一个警报。</blockquote></p><p> The company tracks options buying activity, with an eye toward large institutional buyers. Concerted activity by individual investors can also be picked up as brokers, which are part of the institutional universe, move to fill orders. The recent activity appeared to likely be a combination of big, professional players as well as individual buyers, Kepler said, in an interview.</p><p><blockquote>该公司跟踪期权购买活动，关注大型机构买家。随着作为机构世界一部分的经纪商开始履行订单，个人投资者的一致活动也可能被发现。开普勒在接受采访时表示，最近的活动似乎可能是大型专业参与者和个人买家的结合。</blockquote></p><p> <b>‘Gamma squeeze’</b></p><p><blockquote><b>“伽马挤压”</b></blockquote></p><p> A call option is a financial instrument that gives the holder the right, but not the obligation, to buy the underlying security at a set price, known as the strike price, by a certain date. By buying far “out of the money” calls, which have a strike price well above the stock’s present level, investors are betting that a surge in the stock price will net them a healthy profit.</p><p><blockquote>看涨期权期权是一种金融工具，赋予持有人在特定日期之前以设定价格（称为执行价格）购买标的证券的权利，但没有义务。通过购买执行价格远高于该股目前水平的“价外”评级，投资者押注股价飙升将为他们带来可观的利润。</blockquote></p><p> Buying far out of the money calls is usually a losing proposition, analysts noted, and a surge in interest can make the strategy more expensive as premiums rise in response to demand.</p><p><blockquote>分析师指出，远超本钱买入评级通常是一个失败的提议，随着溢价因需求而上升，兴趣激增可能会使该策略变得更加昂贵。</blockquote></p><p> But the options buying can, under certain circumstances, create conditions in which a price rally feeds on itself. Known as a “gamma squeeze,” this occurs when the sellers of the call options, in order to hedge their positions, buy the underlying stock. As the price of the stock rises, they need to buy more to maintain their hedge, creating the feedback loop.</p><p><blockquote>但在某些情况下，期权购买可以创造价格上涨的条件。这种情况被称为“伽马挤压”，当看涨期权期权的卖方为了对冲其头寸而购买标的股票时就会发生。随着股票价格上涨，他们需要购买更多来维持对冲，从而形成反馈循环。</blockquote></p><p> GameStop&nbsp;shares soared in late afternoon trade Wednesday, prompting trading halts before it&nbsp;ended with a gain of 104%.Nearly 65 million shares changed hands, with volume surging as the closing bell neared, compared with a recent average daily volume of 14.7 million shares. GameStop shares&nbsp;popped as much as 85% at Thursday’s opening bell. Gains were trimmed by the close, but it still finished at $108.73, up more than 18%.</p><p><blockquote>周三下午晚些时候，游戏驿站股价飙升，导致交易暂停，最终上涨104%。近6500万股易手，临近收盘时成交量激增，而近期日均成交量为1470万股。周四开盘时，游戏驿站股价飙升85%。收盘时涨幅有所收窄，但仍收于108.73美元，涨幅超过18%。</blockquote></p><p> <b>Where are the shorts?</b></p><p><blockquote><b>短裤在哪里？</b></blockquote></p><p> GameStop, which ended last year near $17 a share, soared as high as $483 in late January as concerted buying efforts initiated by individual investors on Reddit’s WallStreetBets forum contributed to a short squeeze, forcing traders who had bet on falling stock prices to cover their positions, adding to the buying frenzy.</p><p><blockquote>游戏驿站去年收盘价接近每股17美元，1月下旬飙升至483美元，原因是个人投资者在Reddit的WallStreetBets论坛上发起的一致买入努力导致了空头挤压，迫使押注股价下跌的交易员回补头寸，加剧了购买狂潮。</blockquote></p><p> GameStop shares subsequently fell back, trading below $40 a share last week. The late-January episode briefly rattled financial markets, triggered investigations and brought additional scrutiny, including a high-profile congressional hearing, on online brokers, market makers, and other players.</p><p><blockquote>游戏驿站股价随后回落，上周交易价格低于每股40美元。1月下旬的事件短暂扰乱了金融市场，引发了调查，并带来了对在线经纪商、做市商和其他参与者的额外审查，包括备受瞩目的国会听证会。</blockquote></p><p> It’s also brought attention to the broader role individual investors are playing and the possibility of a sustained pickup in retail interest that could alter market dynamics over the long run.</p><p><blockquote>它还引起了人们对个人投资者所扮演的更广泛角色的关注，以及散户兴趣持续回升的可能性，这可能会从长远来看改变市场动态。</blockquote></p><p> The broader stock marketsaw steep lossesthat deepened ahead of the closing bell, though the tech-led fall was blamed largely on a sharp jump in Treasury yields. The Dow Jones Industrial Average&nbsp;dropped nearly 560 points, or 1.8%. The S&amp;P 500&nbsp;fell 2.4%, while the Nasdaq Composite&nbsp;dropped 3.5%.</p><p><blockquote>尽管科技股主导的下跌主要归咎于美国国债收益率的大幅上涨，但大盘跌幅在收盘前进一步加深。道琼斯工业平均指数下跌近560点，跌幅1.8%。标普500下跌2.4%，纳斯达克综合指数下跌3.5%。</blockquote></p><p> Some market watchers, however, saw a possible but not clear-cut link between the GameStop activity and the selloff.</p><p><blockquote>然而，一些市场观察人士认为，游戏驿站活动与抛售之间可能存在但不明确的联系。</blockquote></p><p> GameStop might still be a popular short among some hedge funds, said Thomas Lee, managing partner and head of research at Fundstrat Global Advisors, in a Thursday note. That could be fostering a repeat of the late-January “degrossing” episode, in which hedge funds sold assets in order to reduce leverage, in keeping with “value-at-risk” models.</p><p><blockquote>Fundstrat Global Advisors管理合伙人兼研究主管Thomas Lee在周四的一份报告中表示，游戏驿站可能仍然是一些对冲基金中受欢迎的空头。这可能会助长1月下旬“去毛利化”事件的重演，当时对冲基金出售资产以降低杠杆率，符合“风险价值”模型。</blockquote></p><p> Meanwhile, other market watchers questioned how much fuel existed for for a repeat short squeeze, noting a sharp fall in short interest and expectations that remaining shorts are more adequately hedged against sharp moves.</p><p><blockquote>与此同时，其他市场观察人士质疑重复轧空的燃料有多少，他们指出空头兴趣急剧下降，并且预计剩余空头可以更充分地对冲大幅波动。</blockquote></p><p> Short interest in GameStop had reached 140% in January, but has since fallen back closer to 30%, noted Edward Moya, senior market analyst at brokerage Oanda, in a note, observing that professional investors likely also see an opportunity near options expiration dates following last month’s action.</p><p><blockquote>经纪公司Oanda的高级市场分析师Edward Moya在一份报告中指出，游戏驿站的空头兴趣在1月份达到140%，但此后回落至接近30%，并指出专业投资者也可能在期权到期日附近看到机会继上个月的行动之后。</blockquote></p><p></p><p> “One thing is clear, the institutional money behind this move found options expiration as a pivotal opportunity that will make it easier for market disruptions,” Moya wrote. “The violent price swings might remain elevated around options expirations for the Reddit-WallStreetBets crowd.”</p><p><blockquote>莫亚写道：“有一点是明确的，这一举措背后的机构资金发现期权到期是一个关键机会，这将使市场更容易受到干扰。”“对于Reddit-WallStreetBets人群来说，期权到期前后的剧烈价格波动可能会继续加剧。”</blockquote></p><p></p>","source":"market_watch","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>GameStop Round 2? How an options-buying frenzy is providing another jolt to meme stocks<blockquote>游戏驿站第二轮？期权购买狂潮如何给模因股票带来另一次冲击</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nGameStop Round 2? How an options-buying frenzy is providing another jolt to meme stocks<blockquote>游戏驿站第二轮？期权购买狂潮如何给模因股票带来另一次冲击</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">MarketWatch</strong><span class=\"h-time small\">2021-02-26 11:40</span>\n</p>\n</h4>\n</header>\n<article>\n<p>It’s not just individual investors participating in latest squeeze, observers say</p><p><blockquote>观察人士称，参与最新挤压的不仅仅是个人投资者</blockquote></p><p> Another options-fueled buying frenzy appeared to be sending shares of GameStop Corp. and other “meme” stocks soaring on Thursday. But unlike last month’s market-rattling move, it wasn’t clear that individual investors were the primary driver.</p><p><blockquote>另一场由期权引发的购买狂潮似乎导致游戏驿站公司和其他“模因”股票的股价周四飙升。但与上个月令市场不安的举动不同，目前尚不清楚个人投资者是否是主要驱动力。</blockquote></p><p> The primary mechanism, however, appeared largely the same.</p><p><blockquote>然而，主要机制似乎基本相同。</blockquote></p><p> A surge in purchases of GameStop call options, centered on those with a strike price of $60 and due to expire at the end of the week, was seen late Wednesday afternoon, said Gust Kepler, chief executive of BlackBoxStocks, a stock-and-options analytics and social platform. That triggered an alert sent by BlackBoxStocks at 3:27 p.m. Eastern, he said. Another alert was triggered early Thursday by heavy interest in calls with a $125 strike price.</p><p><blockquote>股票和期权公司BlackBoxStocks首席执行官Gust Kepler表示，周三下午晚些时候，游戏驿站·看涨期权期权的购买量激增，主要是执行价为60美元、将于本周末到期的期权。分析和社交平台。这触发了BlackBoxStocks在下午3点27分发送的警报。东方，他说。周四早些时候，由于对评级的浓厚兴趣，执行价为125美元，引发了另一个警报。</blockquote></p><p> The company tracks options buying activity, with an eye toward large institutional buyers. Concerted activity by individual investors can also be picked up as brokers, which are part of the institutional universe, move to fill orders. The recent activity appeared to likely be a combination of big, professional players as well as individual buyers, Kepler said, in an interview.</p><p><blockquote>该公司跟踪期权购买活动，关注大型机构买家。随着作为机构世界一部分的经纪商开始履行订单，个人投资者的一致活动也可能被发现。开普勒在接受采访时表示，最近的活动似乎可能是大型专业参与者和个人买家的结合。</blockquote></p><p> <b>‘Gamma squeeze’</b></p><p><blockquote><b>“伽马挤压”</b></blockquote></p><p> A call option is a financial instrument that gives the holder the right, but not the obligation, to buy the underlying security at a set price, known as the strike price, by a certain date. By buying far “out of the money” calls, which have a strike price well above the stock’s present level, investors are betting that a surge in the stock price will net them a healthy profit.</p><p><blockquote>看涨期权期权是一种金融工具，赋予持有人在特定日期之前以设定价格（称为执行价格）购买标的证券的权利，但没有义务。通过购买执行价格远高于该股目前水平的“价外”评级，投资者押注股价飙升将为他们带来可观的利润。</blockquote></p><p> Buying far out of the money calls is usually a losing proposition, analysts noted, and a surge in interest can make the strategy more expensive as premiums rise in response to demand.</p><p><blockquote>分析师指出，远超本钱买入评级通常是一个失败的提议，随着溢价因需求而上升，兴趣激增可能会使该策略变得更加昂贵。</blockquote></p><p> But the options buying can, under certain circumstances, create conditions in which a price rally feeds on itself. Known as a “gamma squeeze,” this occurs when the sellers of the call options, in order to hedge their positions, buy the underlying stock. As the price of the stock rises, they need to buy more to maintain their hedge, creating the feedback loop.</p><p><blockquote>但在某些情况下，期权购买可以创造价格上涨的条件。这种情况被称为“伽马挤压”，当看涨期权期权的卖方为了对冲其头寸而购买标的股票时就会发生。随着股票价格上涨，他们需要购买更多来维持对冲，从而形成反馈循环。</blockquote></p><p> GameStop&nbsp;shares soared in late afternoon trade Wednesday, prompting trading halts before it&nbsp;ended with a gain of 104%.Nearly 65 million shares changed hands, with volume surging as the closing bell neared, compared with a recent average daily volume of 14.7 million shares. GameStop shares&nbsp;popped as much as 85% at Thursday’s opening bell. Gains were trimmed by the close, but it still finished at $108.73, up more than 18%.</p><p><blockquote>周三下午晚些时候，游戏驿站股价飙升，导致交易暂停，最终上涨104%。近6500万股易手，临近收盘时成交量激增，而近期日均成交量为1470万股。周四开盘时，游戏驿站股价飙升85%。收盘时涨幅有所收窄，但仍收于108.73美元，涨幅超过18%。</blockquote></p><p> <b>Where are the shorts?</b></p><p><blockquote><b>短裤在哪里？</b></blockquote></p><p> GameStop, which ended last year near $17 a share, soared as high as $483 in late January as concerted buying efforts initiated by individual investors on Reddit’s WallStreetBets forum contributed to a short squeeze, forcing traders who had bet on falling stock prices to cover their positions, adding to the buying frenzy.</p><p><blockquote>游戏驿站去年收盘价接近每股17美元，1月下旬飙升至483美元，原因是个人投资者在Reddit的WallStreetBets论坛上发起的一致买入努力导致了空头挤压，迫使押注股价下跌的交易员回补头寸，加剧了购买狂潮。</blockquote></p><p> GameStop shares subsequently fell back, trading below $40 a share last week. The late-January episode briefly rattled financial markets, triggered investigations and brought additional scrutiny, including a high-profile congressional hearing, on online brokers, market makers, and other players.</p><p><blockquote>游戏驿站股价随后回落，上周交易价格低于每股40美元。1月下旬的事件短暂扰乱了金融市场，引发了调查，并带来了对在线经纪商、做市商和其他参与者的额外审查，包括备受瞩目的国会听证会。</blockquote></p><p> It’s also brought attention to the broader role individual investors are playing and the possibility of a sustained pickup in retail interest that could alter market dynamics over the long run.</p><p><blockquote>它还引起了人们对个人投资者所扮演的更广泛角色的关注，以及散户兴趣持续回升的可能性，这可能会从长远来看改变市场动态。</blockquote></p><p> The broader stock marketsaw steep lossesthat deepened ahead of the closing bell, though the tech-led fall was blamed largely on a sharp jump in Treasury yields. The Dow Jones Industrial Average&nbsp;dropped nearly 560 points, or 1.8%. The S&amp;P 500&nbsp;fell 2.4%, while the Nasdaq Composite&nbsp;dropped 3.5%.</p><p><blockquote>尽管科技股主导的下跌主要归咎于美国国债收益率的大幅上涨，但大盘跌幅在收盘前进一步加深。道琼斯工业平均指数下跌近560点，跌幅1.8%。标普500下跌2.4%，纳斯达克综合指数下跌3.5%。</blockquote></p><p> Some market watchers, however, saw a possible but not clear-cut link between the GameStop activity and the selloff.</p><p><blockquote>然而，一些市场观察人士认为，游戏驿站活动与抛售之间可能存在但不明确的联系。</blockquote></p><p> GameStop might still be a popular short among some hedge funds, said Thomas Lee, managing partner and head of research at Fundstrat Global Advisors, in a Thursday note. That could be fostering a repeat of the late-January “degrossing” episode, in which hedge funds sold assets in order to reduce leverage, in keeping with “value-at-risk” models.</p><p><blockquote>Fundstrat Global Advisors管理合伙人兼研究主管Thomas Lee在周四的一份报告中表示，游戏驿站可能仍然是一些对冲基金中受欢迎的空头。这可能会助长1月下旬“去毛利化”事件的重演，当时对冲基金出售资产以降低杠杆率，符合“风险价值”模型。</blockquote></p><p> Meanwhile, other market watchers questioned how much fuel existed for for a repeat short squeeze, noting a sharp fall in short interest and expectations that remaining shorts are more adequately hedged against sharp moves.</p><p><blockquote>与此同时，其他市场观察人士质疑重复轧空的燃料有多少，他们指出空头兴趣急剧下降，并且预计剩余空头可以更充分地对冲大幅波动。</blockquote></p><p> Short interest in GameStop had reached 140% in January, but has since fallen back closer to 30%, noted Edward Moya, senior market analyst at brokerage Oanda, in a note, observing that professional investors likely also see an opportunity near options expiration dates following last month’s action.</p><p><blockquote>经纪公司Oanda的高级市场分析师Edward Moya在一份报告中指出，游戏驿站的空头兴趣在1月份达到140%，但此后回落至接近30%，并指出专业投资者也可能在期权到期日附近看到机会继上个月的行动之后。</blockquote></p><p></p><p> “One thing is clear, the institutional money behind this move found options expiration as a pivotal opportunity that will make it easier for market disruptions,” Moya wrote. “The violent price swings might remain elevated around options expirations for the Reddit-WallStreetBets crowd.”</p><p><blockquote>莫亚写道：“有一点是明确的，这一举措背后的机构资金发现期权到期是一个关键机会，这将使市场更容易受到干扰。”“对于Reddit-WallStreetBets人群来说，期权到期前后的剧烈价格波动可能会继续加剧。”</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.marketwatch.com/story/gamestop-round-2-how-an-options-buying-frenzy-is-providing-another-jolt-to-meme-stocks-11614277287?mod=home-page\">MarketWatch</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BB":"黑莓","KOSS":"高斯电子",".IXIC":"NASDAQ Composite",".DJI":"道琼斯","GME":"游戏驿站",".SPX":"S&P 500 Index"},"source_url":"https://www.marketwatch.com/story/gamestop-round-2-how-an-options-buying-frenzy-is-providing-another-jolt-to-meme-stocks-11614277287?mod=home-page","is_english":true,"share_image_url":"https://static.laohu8.com/599a65733b8245fcf7868668ef9ad712","article_id":"1120523685","content_text":"It’s not just individual investors participating in latest squeeze, observers say\nAnother options-fueled buying frenzy appeared to be sending shares of GameStop Corp. and other “meme” stocks soaring on Thursday. But unlike last month’s market-rattling move, it wasn’t clear that individual investors were the primary driver.\nThe primary mechanism, however, appeared largely the same.\nA surge in purchases of GameStop call options, centered on those with a strike price of $60 and due to expire at the end of the week, was seen late Wednesday afternoon, said Gust Kepler, chief executive of BlackBoxStocks, a stock-and-options analytics and social platform. That triggered an alert sent by BlackBoxStocks at 3:27 p.m. Eastern, he said. Another alert was triggered early Thursday by heavy interest in calls with a $125 strike price.\nThe company tracks options buying activity, with an eye toward large institutional buyers. Concerted activity by individual investors can also be picked up as brokers, which are part of the institutional universe, move to fill orders. The recent activity appeared to likely be a combination of big, professional players as well as individual buyers, Kepler said, in an interview.\n‘Gamma squeeze’\nA call option is a financial instrument that gives the holder the right, but not the obligation, to buy the underlying security at a set price, known as the strike price, by a certain date. By buying far “out of the money” calls, which have a strike price well above the stock’s present level, investors are betting that a surge in the stock price will net them a healthy profit.\nBuying far out of the money calls is usually a losing proposition, analysts noted, and a surge in interest can make the strategy more expensive as premiums rise in response to demand.\nBut the options buying can, under certain circumstances, create conditions in which a price rally feeds on itself. Known as a “gamma squeeze,” this occurs when the sellers of the call options, in order to hedge their positions, buy the underlying stock. As the price of the stock rises, they need to buy more to maintain their hedge, creating the feedback loop.\nGameStop shares soared in late afternoon trade Wednesday, prompting trading halts before it ended with a gain of 104%.Nearly 65 million shares changed hands, with volume surging as the closing bell neared, compared with a recent average daily volume of 14.7 million shares. GameStop shares popped as much as 85% at Thursday’s opening bell. Gains were trimmed by the close, but it still finished at $108.73, up more than 18%.\nWhere are the shorts?\nGameStop, which ended last year near $17 a share, soared as high as $483 in late January as concerted buying efforts initiated by individual investors on Reddit’s WallStreetBets forum contributed to a short squeeze, forcing traders who had bet on falling stock prices to cover their positions, adding to the buying frenzy.\nGameStop shares subsequently fell back, trading below $40 a share last week. The late-January episode briefly rattled financial markets, triggered investigations and brought additional scrutiny, including a high-profile congressional hearing, on online brokers, market makers, and other players.\nIt’s also brought attention to the broader role individual investors are playing and the possibility of a sustained pickup in retail interest that could alter market dynamics over the long run.\nThe broader stock marketsaw steep lossesthat deepened ahead of the closing bell, though the tech-led fall was blamed largely on a sharp jump in Treasury yields. The Dow Jones Industrial Average dropped nearly 560 points, or 1.8%. The S&P 500 fell 2.4%, while the Nasdaq Composite dropped 3.5%.\nSome market watchers, however, saw a possible but not clear-cut link between the GameStop activity and the selloff.\nGameStop might still be a popular short among some hedge funds, said Thomas Lee, managing partner and head of research at Fundstrat Global Advisors, in a Thursday note. That could be fostering a repeat of the late-January “degrossing” episode, in which hedge funds sold assets in order to reduce leverage, in keeping with “value-at-risk” models.\nMeanwhile, other market watchers questioned how much fuel existed for for a repeat short squeeze, noting a sharp fall in short interest and expectations that remaining shorts are more adequately hedged against sharp moves.\nShort interest in GameStop had reached 140% in January, but has since fallen back closer to 30%, noted Edward Moya, senior market analyst at brokerage Oanda, in a note, observing that professional investors likely also see an opportunity near options expiration dates following last month’s action.\n“One thing is clear, the institutional money behind this move found options expiration as a pivotal opportunity that will make it easier for market disruptions,” Moya wrote. “The violent price swings might remain elevated around options expirations for the Reddit-WallStreetBets crowd.”","news_type":1,"symbols_score_info":{".SPX":0.9,"KOSS":0.9,"GME":0.9,"BB":0.9,"AMC":0.9,".IXIC":0.9,".DJI":0.9}},"isVote":1,"tweetType":1,"viewCount":2070,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":368665972,"gmtCreate":1614319342796,"gmtModify":1703476300324,"author":{"id":"3569281466243183","authorId":"3569281466243183","name":"xjxjxj","avatar":"https://static.tigerbbs.com/3fda36dbe534d19914e7107db005a4dc","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3569281466243183","authorIdStr":"3569281466243183"},"themes":[],"htmlText":"Gg","listText":"Gg","text":"Gg","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/368665972","repostId":"1144534887","repostType":4,"isVote":1,"tweetType":1,"viewCount":2278,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":368662147,"gmtCreate":1614319305589,"gmtModify":1703476299127,"author":{"id":"3569281466243183","authorId":"3569281466243183","name":"xjxjxj","avatar":"https://static.tigerbbs.com/3fda36dbe534d19914e7107db005a4dc","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3569281466243183","authorIdStr":"3569281466243183"},"themes":[],"htmlText":"Jei jei","listText":"Jei jei","text":"Jei jei","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/368662147","repostId":"1145712275","repostType":4,"isVote":1,"tweetType":1,"viewCount":952,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":368003309,"gmtCreate":1614264716101,"gmtModify":1634550392675,"author":{"id":"3569281466243183","authorId":"3569281466243183","name":"xjxjxj","avatar":"https://static.tigerbbs.com/3fda36dbe534d19914e7107db005a4dc","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3569281466243183","authorIdStr":"3569281466243183"},"themes":[],"htmlText":"Wooo gosh","listText":"Wooo gosh","text":"Wooo gosh","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/368003309","isVote":1,"tweetType":1,"viewCount":370,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":368000922,"gmtCreate":1614264667466,"gmtModify":1634550393532,"author":{"id":"3569281466243183","authorId":"3569281466243183","name":"xjxjxj","avatar":"https://static.tigerbbs.com/3fda36dbe534d19914e7107db005a4dc","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3569281466243183","authorIdStr":"3569281466243183"},"themes":[],"htmlText":"Gme gg","listText":"Gme gg","text":"Gme gg","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/368000922","repostId":"1136762256","repostType":4,"repost":{"id":"1136762256","kind":"news","pubTimestamp":1614246762,"share":"https://www.laohu8.com/m/news/1136762256?lang=zh_CN&edition=full","pubTime":"2021-02-25 17:52","market":"us","language":"en","title":"7 smarter ways to play the boom in videogames and esports than buying GameStop<blockquote>比购买游戏驿站更聪明的7种方式来应对视频游戏和电子竞技的热潮</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1136762256","media":"MarketWatch","summary":"Look beyond Activision Blizzard and Nvidia\nGameStop grabbed headlines based on the notion that the “","content":"<p>Look beyond Activision Blizzard and Nvidia</p><p><blockquote>超越动视暴雪和英伟达</blockquote></p><p> GameStop grabbed headlines based on the notion that the “smart money” simply didn’t understand this stock. But for investors looking for a less volatile play on the gaming megatrens, here are seven options that may fit better in most portfolios.</p><p><blockquote>游戏驿站之所以成为头条新闻，是因为“聪明的钱”根本不了解这只股票。但对于寻求波动性较小的博彩巨头的投资者来说，这里有七个可能更适合大多数投资组合的选择。</blockquote></p><p> Research firm NPD has shown that three out of four Americans, or&nbsp;roughly 244 million of us, play videogames for an average of 14 hours a week. And thanks to a lack of entertainment options outside the home in 2020, gaming sales worldwide surged 20% to a staggering&nbsp;$180 billion.</p><p><blockquote>研究公司NPD显示，四分之三的美国人，即大约2.44亿人，平均每周玩电子游戏14小时。由于2020年缺乏户外娱乐选择，全球游戏销售额飙升20%，达到惊人的1800亿美元。</blockquote></p><p> In fact, gaming is so popular and lucrative that professional esports now has an audience of about 500 million people worldwide — with a 70% increase in the number of viewers in the U.S. last year because of the pandemic and the lack of traditional spectator sports options. And as with so many other tech trends, these recent converts are likely to stick and continue powering the esports business. Here’s one way to put it in context: esports are expected to have almost&nbsp;800 million&nbsp;viewers by 2024 – nearly as many as about 825 million or so fans of professional basketball worldwide today.</p><p><blockquote>事实上，游戏如此受欢迎且利润丰厚，以至于职业电子竞技现在在全球拥有约5亿观众——由于疫情和缺乏传统的观赏性体育选择，去年美国的观众人数增加了70%。与许多其他技术趋势一样，这些最近的皈依者可能会坚持并继续推动电子竞技业务。这里有一种联系方式：预计到2024年，电子竞技将拥有近8亿观众——几乎相当于当今全球约8.25亿职业篮球迷。</blockquote></p><p> Some of the biggest publicly traded videogame stocks are already old news. Over the last 10 years, gaming powerhouse Activision Blizzard&nbsp;has surged about 800% compared with about 200% for the S&amp;P 500 index&nbsp;in the same period, growing to almost $80 billion in market value. And of course there has been the frenzy over GameStock&nbsp;that led toa congressional hearing.</p><p><blockquote>一些最大的公开交易视频游戏股票已经是旧闻了。过去10年，游戏巨头动视暴雪的市值飙升了约800%，而同期标普500指数的市值则上涨了约200%，增长至近800亿美元。当然，对GameStock的狂热导致了国会听证会。</blockquote></p><p> But there are a host of up-and-coming companies looking to level up amid continued growth for the industry. If you’re looking to play the gaming and esports craze, here are some options worth a look:</p><p><blockquote>但在该行业的持续增长中，有许多崭露头角的公司希望提高水平。如果您想玩游戏和电子竞技热潮，这里有一些值得一看的选项：</blockquote></p><p> <b>Nintendo</b></p><p><blockquote><b>任天堂</b></blockquote></p><p> Nintendo&nbsp;is an icon of the videogame industry. But just five years ago there was talk of “Nintendo’s Sad Struggle for Survival” amid waning popularity and weakening finances.</p><p><blockquote>任天堂是视频游戏行业的标志。但就在五年前，人们还在谈论“任天堂在人气下降和财务疲软的情况下为生存而进行的悲伤斗争”。</blockquote></p><p> The house of Mario has come back big time, thanks to its innovative Switch console that successfully bridged console and mobile gaming markets. Nintendo’s eShop is now bursting with “casual” games like the smash hit “Among Us,” which was originally built for mobile phones and boasted&nbsp;half a billion players&nbsp;in November. While there are big margins on $70 games or high-end hardware, Nintendo has built both its user base and its software offerings around low-cost diversions that collectively add up to serious revenue.</p><p><blockquote>马里奥之家已经卷土重来，这要归功于其创新的Switch游戏机，它成功地连接了游戏机和移动游戏市场。任天堂的eShop现在充斥着“休闲”游戏，比如红极一时的《我们中间》，这款游戏最初是为手机打造的，在11月份拥有5亿玩家。虽然70美元的游戏或高端硬件利润丰厚，但任天堂围绕低成本娱乐建立了用户群和软件产品，这些产品共同带来了可观的收入。</blockquote></p><p> At the same time, a strange convergence of circumstances have created big tailwinds for Nintendo’s high-end titles. Since its prior console — the Wii U — was a bit of a flop, Nintendo was able to reissue many native games with big price tags during the Switch’s early years. Now the company has planned releases in both its Zelda and Metroid franchises along with a potential upgrade to the Switch itself to drive high-margin hardware sales.</p><p><blockquote>与此同时，一系列奇怪的情况为任天堂的高端游戏创造了巨大的推动力。由于其之前的游戏机Wii U有点失败，任天堂能够在Switch的早期以高价重新发行许多原生游戏。现在，该公司已经计划发布塞尔达和银河战士系列，并可能升级交换机本身，以推动高利润的硬件销售。</blockquote></p><p> Thanks to these facts and a big pandemic boost, Nintendo stock has doubled from its early 2019 levels and is now trading at its highest levels since 2007. And if the&nbsp;2021 release schedule&nbsp;lives up to the hype, we could see new all-time highs as this Japanese gaming powerhouse continues its return to dominance in the industry.</p><p><blockquote>由于这些事实和疫情的大力推动，任天堂股价较2019年初的水平翻了一番，目前交易价格处于2007年以来的最高水平。如果2021年的发布时间表不负众望，随着这家日本游戏巨头继续重返行业主导地位，我们可能会看到新的历史高点。</blockquote></p><p> <b>Corsair</b></p><p><blockquote><b>海盗船</b></blockquote></p><p> If Nintendo has cashed in by connecting with more casual gamers, then Corsair Gaming&nbsp;shows how to cater to very serious PC gamers. This roughly $4 billion company is a top supplier of gaming-related parts from CPUs to peripherals like headsets and keyboards to specialty components for streaming gameplay on the internet. The streaming business line is particularly interesting, both via competitive esports play as well as commercial gamers looking to win viewers on platforms like Twitch and YouTube.</p><p><blockquote>如果任天堂通过与更多休闲游戏玩家联系而获利，那么海盗船游戏展示了如何迎合非常严肃的PC游戏玩家。这家价值约40亿美元的公司是游戏相关部件的顶级供应商，从CPU到耳机和键盘等外围设备，再到互联网上流媒体游戏的专用组件。流媒体业务线特别有趣，既有竞技电子竞技游戏，也有希望在Twitch和YouTube等平台上赢得观众的商业游戏玩家。</blockquote></p><p> The company completed its initial public offering in September and is soundly profitable. It’s also growing impressively, with its&nbsp;fourth-quarter earnings report&nbsp;in February showing a staggering 70% revenue growth and 118% profit growth year-over-year. Management has said this is thanks to expansion in all categories, too, and not just one item that’s hot at the moment.</p><p><blockquote>该公司于9月份完成了首次公开募股，利润丰厚。该公司的增长也令人印象深刻，2月份的第四季度收益报告显示，收入同比增长70%，利润同比增长118%。管理层表示，这也得益于所有类别的扩张，而不仅仅是目前热门的一个项目。</blockquote></p><p> We’ve seen the power of high-end hardware stocks before with companies like the Nvidia,which is up fourfold from the end of 2018 thanks in part to its best-in-class graphics cards and now worth $370 billion. But what makes Corsair so great is that it’s not a competitor to Nvidia; in fact, when folks look to build a new gaming rig to incorporate components like the Nvidia GeForce 4k graphics card that was recently released, they are likely to upgrade everything else, too.</p><p><blockquote>我们之前已经在Nvidia等公司身上看到了高端硬件股票的力量，该股较2018年底上涨了四倍，部分归功于其一流的显卡，目前价值3700亿美元。但Corsair如此伟大的原因在于它不是Nvidia的竞争对手；事实上，当人们希望构建一个新的游戏装备来整合最近发布的Nvidia GeForce 4k显卡等组件时，他们也可能会升级其他一切。</blockquote></p><p> That could allow Corsair to piggyback this trend in the short term and continue to build on its track record of success.</p><p><blockquote>这可能会让海盗船在短期内顺应这一趋势，并继续巩固其成功记录。</blockquote></p><p> <b>Sea</b></p><p><blockquote><b>海</b></blockquote></p><p></p><p> Singapore-based Sea&nbsp;isn’t well known in the West, but that may change quickly given its 2020 stock performance. Over the last 12 months, the stock has surged roughly 420% thanks to amazing growth and big tailwinds behind its unique technology business.</p><p><blockquote>总部位于新加坡的Sea在西方并不出名，但考虑到其2020年的股票表现，这种情况可能会很快改变。在过去12个月里，由于其独特的技术业务背后的惊人增长和巨大推动力，该股飙升了约420%。</blockquote></p><p> That business involves a dominant gaming catalog offered under Sea’s&nbsp;Garena&nbsp;brand, led by multiplayer online battle arena&nbsp;(MOBA)&nbsp;games like League of Legends. Not only are the games themselves popular, but related MOBA esports broadcasts are big business, too. Consider that the 2020 League of Legends championship tallied&nbsp;139 million total hours&nbsp;of viewership with peak viewership of 3.8 million people watching at once.</p><p><blockquote>该业务涉及Sea Garena品牌下提供的主导游戏目录，以《英雄联盟》等多人在线战斗竞技场(MOBA)游戏为首。不仅游戏本身很受欢迎，相关的MOBA电子竞技转播也是一项大生意。考虑到2020年英雄联盟锦标赛的总收视率为1.39亿小时，峰值收视率为380万人同时观看。</blockquote></p><p> While League of Legends is admittedly one of the more mature franchises in Sea’s arsenal, the company certainly isn’t a one-trick pony. Its mobile-friendly MOBA title Free Fire was the most-downloaded game in the Google Play store in 2019 and just hit&nbsp;80 million&nbsp;daily users at the end of last year.</p><p><blockquote>虽然《英雄联盟》无可否认是Sea武器库中较成熟的系列之一，但该公司肯定不是一匹只会一招的小马。其手机友好型MOBA游戏《Free Fire》是2019年谷歌Play商店下载量最大的游戏，去年年底日用户数刚刚达到8000万。</blockquote></p><p> And it doesn’t stop with just these games. This unique tech stock has divisions that focus on live streaming and social features for gamers, such as user chat and online forums, and a mobile-centric e-commerce marketplace to help with seller services like shipping and logistics.</p><p><blockquote>它不仅仅止于这些游戏。这只独特的科技股拥有专注于游戏玩家直播和社交功能（例如用户聊天和在线论坛）的部门，以及一个以移动为中心的电子商务市场，以帮助提供运输和物流等卖家服务。</blockquote></p><p> That adds up to a company that is uniquely positioned to capitalize on many parts of the gaming ecosystem, making Sea a very attractive option for those looking to tap into the full potential of this lucrative industry.</p><p><blockquote>这使得这家公司在利用游戏生态系统的许多部分方面具有独特的优势，这使得Sea对于那些希望挖掘这个利润丰厚的行业的全部潜力的人来说成为一个非常有吸引力的选择。</blockquote></p><p> <b>Immersion</b></p><p><blockquote><b>浸入</b></blockquote></p><p> The smallest and most aggressive play on this list is Immersion,a $350 million stock that is involved with “haptics.” This is the fancy technical term for motion and touch controls that use real-world feedback to allow users to interact with a computer or game console.</p><p><blockquote>这份名单上规模最小、最激进的公司是Immersion，这是一只价值3.5亿美元的股票，涉及“触觉”。这是运动和触摸控制的花哨技术术语，使用真实世界的反馈来允许用户与计算机或游戏控制台进行交互。</blockquote></p><p> The stock has surged about 50% in the last year in part because of a lucrative deal with Sony&nbsp;to produce components for its DualSense controllers that ship with the PlayStation 5. But the company’s long-term potential is bigger than one console, as the Nintendo witch and Xbox from Microsoft&nbsp;also use motion controls. Furthermore, there’s tremendous potential in the nascent VR market, too.</p><p><blockquote>该股去年飙升了约50%，部分原因是与索尼达成了一项利润丰厚的协议，为PlayStation 5附带的DualSense控制器生产组件。但该公司的长期潜力不仅仅是一款游戏机，因为微软的任天堂女巫和Xbox也使用运动控制。此外，新兴的虚拟现实市场也有巨大的潜力。</blockquote></p><p> There’s risk here, of course, since haptics technology has become standard fare for gamers only fairly recently and tons of companies are researching new solutions and forging relationships with the bigger names in the space.</p><p><blockquote>当然，这里存在风险，因为触觉技术直到最近才成为游戏玩家的标准配置，大量公司正在研究新的解决方案，并与该领域的大公司建立关系。</blockquote></p><p> Immersion is certainly not alone in this gold rush, but its track record is impressive. Thanks in part to its relationship with Sony, the stock swung from a modest loss to significant profits in 2020 — and based on FY2021 forecasts, earnings per share are set to double going forward as revenue jumps 20%. That could give investors a degree of confidence in the long-term potential of this stock.</p><p><blockquote>沉浸式当然不是这场淘金热中的唯一公司，但它的业绩记录令人印象深刻。部分由于与索尼的关系，该股在2020年从小幅亏损转为大幅盈利——根据2021财年的预测，随着收入增长20%，每股收益将翻一番。这可能会让投资者对该股的长期潜力有一定程度的信心。</blockquote></p><p> <b>Videogame ETFs</b></p><p><blockquote><b>视频游戏ETF</b></blockquote></p><p> If you are interested in simply playing the broader trend of gaming and esports without jumping into individual hardware or software names, the best way to do that is via an exchange-traded fund. Three ETFs offer investors a tactical but diversified investment on this industry.</p><p><blockquote>如果您有兴趣简单地玩游戏和电子竞技的更广泛趋势，而不涉及单个硬件或软件名称，那么最好的方法是通过交易所交易基金。三只ETF为投资者提供了对该行业的战术性但多元化的投资。</blockquote></p><p> The VanEck Vectors videogaming and eSports ETF&nbsp;is a well-established fund with more than $900 million in assets. For just 0.55% in annual expenses, or $55 a year on every $10,000 invested, you get a global play on this megatrend.</p><p><blockquote>VanEck Vectors视频游戏和电子竞技ETF是一只成熟的基金，资产超过9亿美元。只需每年0.55%的支出，即每投资10,000美元每年55美元，您就可以在这一大趋势中发挥全球作用。</blockquote></p><p> Unfortunately, if you’re looking for diversification, the list of components is a bit lacking, with only 25 stocks right now. However, you’ll get the big names in the space including Nintendo and Sea along with Chinese giant Tencent Holdings.</p><p><blockquote>不幸的是，如果您正在寻求多元化，成分股列表有点缺乏，目前只有25只股票。然而，你会看到该领域的大牌，包括任天堂和Sea以及中国巨头腾讯控股控股。</blockquote></p><p> An alternative is the Global X videogames &amp; Esports ETF,which also has about $900 million in assets. It charges a slightly lower expense ratio of 0.50% annually and has just over 40 holdings at present. The makeup is similar to the VanEck ETF, but the longer list means U.S. stocks feature less prominently and only make up about 29% of the portfolio.</p><p><blockquote>另一种选择是Global X videogames&amp;Esports ETF，该ETF也拥有约9亿美元的资产。它每年收取的费用率略低，为0.50%，目前持有40多只股票。其构成与VanEck ETF类似，但名单较长意味着美国股票的地位不太突出，仅占投资组合的29%左右。</blockquote></p><p> Smallest in terms of assets is the Wedbush ETFMG videogame Tech ETF.This fund only has a bit more than $100 million in assets under management and charges the highest fees at 0.75% in expenses. However, with 91 holdings it has the deepest bench of the three — with many Asia components that are difficult for U.S. individual investors to buy as individual stocks.</p><p><blockquote>资产规模最小的是Wedbush ETFMG视频游戏科技ETF。该基金管理的资产仅略高于1亿美元，收取的费用最高为0.75%。然而，该公司持有91只股票，是三者中最深的——其中有许多亚洲成分股，美国个人投资者很难将其作为个股购买。</blockquote></p><p> The strategies differ slightly, but one thing has been true for all of these funds lately: Big profits for investors. All three have delivered north of 90% gains over the last 12 months, showing they all could offer profitable ways to play the uptrend in videogaming.</p><p><blockquote>策略略有不同，但最近所有这些基金都有一件事：投资者获得巨额利润。在过去12个月里，这三家公司的涨幅都超过了90%，这表明它们都可以提供盈利的方式来应对视频游戏的上升趋势。</blockquote></p><p></p>","source":"market_watch","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>7 smarter ways to play the boom in videogames and esports than buying GameStop<blockquote>比购买游戏驿站更聪明的7种方式来应对视频游戏和电子竞技的热潮</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\">\n7 smarter ways to play the boom in videogames and esports than buying GameStop<blockquote>比购买游戏驿站更聪明的7种方式来应对视频游戏和电子竞技的热潮</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">MarketWatch</strong><span class=\"h-time small\">2021-02-25 17:52</span>\n</p>\n</h4>\n</header>\n<article>\n<p>Look beyond Activision Blizzard and Nvidia</p><p><blockquote>超越动视暴雪和英伟达</blockquote></p><p> GameStop grabbed headlines based on the notion that the “smart money” simply didn’t understand this stock. But for investors looking for a less volatile play on the gaming megatrens, here are seven options that may fit better in most portfolios.</p><p><blockquote>游戏驿站之所以成为头条新闻，是因为“聪明的钱”根本不了解这只股票。但对于寻求波动性较小的博彩巨头的投资者来说，这里有七个可能更适合大多数投资组合的选择。</blockquote></p><p> Research firm NPD has shown that three out of four Americans, or&nbsp;roughly 244 million of us, play videogames for an average of 14 hours a week. And thanks to a lack of entertainment options outside the home in 2020, gaming sales worldwide surged 20% to a staggering&nbsp;$180 billion.</p><p><blockquote>研究公司NPD显示，四分之三的美国人，即大约2.44亿人，平均每周玩电子游戏14小时。由于2020年缺乏户外娱乐选择，全球游戏销售额飙升20%，达到惊人的1800亿美元。</blockquote></p><p> In fact, gaming is so popular and lucrative that professional esports now has an audience of about 500 million people worldwide — with a 70% increase in the number of viewers in the U.S. last year because of the pandemic and the lack of traditional spectator sports options. And as with so many other tech trends, these recent converts are likely to stick and continue powering the esports business. Here’s one way to put it in context: esports are expected to have almost&nbsp;800 million&nbsp;viewers by 2024 – nearly as many as about 825 million or so fans of professional basketball worldwide today.</p><p><blockquote>事实上，游戏如此受欢迎且利润丰厚，以至于职业电子竞技现在在全球拥有约5亿观众——由于疫情和缺乏传统的观赏性体育选择，去年美国的观众人数增加了70%。与许多其他技术趋势一样，这些最近的皈依者可能会坚持并继续推动电子竞技业务。这里有一种联系方式：预计到2024年，电子竞技将拥有近8亿观众——几乎相当于当今全球约8.25亿职业篮球迷。</blockquote></p><p> Some of the biggest publicly traded videogame stocks are already old news. Over the last 10 years, gaming powerhouse Activision Blizzard&nbsp;has surged about 800% compared with about 200% for the S&amp;P 500 index&nbsp;in the same period, growing to almost $80 billion in market value. And of course there has been the frenzy over GameStock&nbsp;that led toa congressional hearing.</p><p><blockquote>一些最大的公开交易视频游戏股票已经是旧闻了。过去10年，游戏巨头动视暴雪的市值飙升了约800%，而同期标普500指数的市值则上涨了约200%，增长至近800亿美元。当然，对GameStock的狂热导致了国会听证会。</blockquote></p><p> But there are a host of up-and-coming companies looking to level up amid continued growth for the industry. If you’re looking to play the gaming and esports craze, here are some options worth a look:</p><p><blockquote>但在该行业的持续增长中，有许多崭露头角的公司希望提高水平。如果您想玩游戏和电子竞技热潮，这里有一些值得一看的选项：</blockquote></p><p> <b>Nintendo</b></p><p><blockquote><b>任天堂</b></blockquote></p><p> Nintendo&nbsp;is an icon of the videogame industry. But just five years ago there was talk of “Nintendo’s Sad Struggle for Survival” amid waning popularity and weakening finances.</p><p><blockquote>任天堂是视频游戏行业的标志。但就在五年前，人们还在谈论“任天堂在人气下降和财务疲软的情况下为生存而进行的悲伤斗争”。</blockquote></p><p> The house of Mario has come back big time, thanks to its innovative Switch console that successfully bridged console and mobile gaming markets. Nintendo’s eShop is now bursting with “casual” games like the smash hit “Among Us,” which was originally built for mobile phones and boasted&nbsp;half a billion players&nbsp;in November. While there are big margins on $70 games or high-end hardware, Nintendo has built both its user base and its software offerings around low-cost diversions that collectively add up to serious revenue.</p><p><blockquote>马里奥之家已经卷土重来，这要归功于其创新的Switch游戏机，它成功地连接了游戏机和移动游戏市场。任天堂的eShop现在充斥着“休闲”游戏，比如红极一时的《我们中间》，这款游戏最初是为手机打造的，在11月份拥有5亿玩家。虽然70美元的游戏或高端硬件利润丰厚，但任天堂围绕低成本娱乐建立了用户群和软件产品，这些产品共同带来了可观的收入。</blockquote></p><p> At the same time, a strange convergence of circumstances have created big tailwinds for Nintendo’s high-end titles. Since its prior console — the Wii U — was a bit of a flop, Nintendo was able to reissue many native games with big price tags during the Switch’s early years. Now the company has planned releases in both its Zelda and Metroid franchises along with a potential upgrade to the Switch itself to drive high-margin hardware sales.</p><p><blockquote>与此同时，一系列奇怪的情况为任天堂的高端游戏创造了巨大的推动力。由于其之前的游戏机Wii U有点失败，任天堂能够在Switch的早期以高价重新发行许多原生游戏。现在，该公司已经计划发布塞尔达和银河战士系列，并可能升级交换机本身，以推动高利润的硬件销售。</blockquote></p><p> Thanks to these facts and a big pandemic boost, Nintendo stock has doubled from its early 2019 levels and is now trading at its highest levels since 2007. And if the&nbsp;2021 release schedule&nbsp;lives up to the hype, we could see new all-time highs as this Japanese gaming powerhouse continues its return to dominance in the industry.</p><p><blockquote>由于这些事实和疫情的大力推动，任天堂股价较2019年初的水平翻了一番，目前交易价格处于2007年以来的最高水平。如果2021年的发布时间表不负众望，随着这家日本游戏巨头继续重返行业主导地位，我们可能会看到新的历史高点。</blockquote></p><p> <b>Corsair</b></p><p><blockquote><b>海盗船</b></blockquote></p><p> If Nintendo has cashed in by connecting with more casual gamers, then Corsair Gaming&nbsp;shows how to cater to very serious PC gamers. This roughly $4 billion company is a top supplier of gaming-related parts from CPUs to peripherals like headsets and keyboards to specialty components for streaming gameplay on the internet. The streaming business line is particularly interesting, both via competitive esports play as well as commercial gamers looking to win viewers on platforms like Twitch and YouTube.</p><p><blockquote>如果任天堂通过与更多休闲游戏玩家联系而获利，那么海盗船游戏展示了如何迎合非常严肃的PC游戏玩家。这家价值约40亿美元的公司是游戏相关部件的顶级供应商，从CPU到耳机和键盘等外围设备，再到互联网上流媒体游戏的专用组件。流媒体业务线特别有趣，既有竞技电子竞技游戏，也有希望在Twitch和YouTube等平台上赢得观众的商业游戏玩家。</blockquote></p><p> The company completed its initial public offering in September and is soundly profitable. It’s also growing impressively, with its&nbsp;fourth-quarter earnings report&nbsp;in February showing a staggering 70% revenue growth and 118% profit growth year-over-year. Management has said this is thanks to expansion in all categories, too, and not just one item that’s hot at the moment.</p><p><blockquote>该公司于9月份完成了首次公开募股，利润丰厚。该公司的增长也令人印象深刻，2月份的第四季度收益报告显示，收入同比增长70%，利润同比增长118%。管理层表示，这也得益于所有类别的扩张，而不仅仅是目前热门的一个项目。</blockquote></p><p> We’ve seen the power of high-end hardware stocks before with companies like the Nvidia,which is up fourfold from the end of 2018 thanks in part to its best-in-class graphics cards and now worth $370 billion. But what makes Corsair so great is that it’s not a competitor to Nvidia; in fact, when folks look to build a new gaming rig to incorporate components like the Nvidia GeForce 4k graphics card that was recently released, they are likely to upgrade everything else, too.</p><p><blockquote>我们之前已经在Nvidia等公司身上看到了高端硬件股票的力量，该股较2018年底上涨了四倍，部分归功于其一流的显卡，目前价值3700亿美元。但Corsair如此伟大的原因在于它不是Nvidia的竞争对手；事实上，当人们希望构建一个新的游戏装备来整合最近发布的Nvidia GeForce 4k显卡等组件时，他们也可能会升级其他一切。</blockquote></p><p> That could allow Corsair to piggyback this trend in the short term and continue to build on its track record of success.</p><p><blockquote>这可能会让海盗船在短期内顺应这一趋势，并继续巩固其成功记录。</blockquote></p><p> <b>Sea</b></p><p><blockquote><b>海</b></blockquote></p><p></p><p> Singapore-based Sea&nbsp;isn’t well known in the West, but that may change quickly given its 2020 stock performance. Over the last 12 months, the stock has surged roughly 420% thanks to amazing growth and big tailwinds behind its unique technology business.</p><p><blockquote>总部位于新加坡的Sea在西方并不出名，但考虑到其2020年的股票表现，这种情况可能会很快改变。在过去12个月里，由于其独特的技术业务背后的惊人增长和巨大推动力，该股飙升了约420%。</blockquote></p><p> That business involves a dominant gaming catalog offered under Sea’s&nbsp;Garena&nbsp;brand, led by multiplayer online battle arena&nbsp;(MOBA)&nbsp;games like League of Legends. Not only are the games themselves popular, but related MOBA esports broadcasts are big business, too. Consider that the 2020 League of Legends championship tallied&nbsp;139 million total hours&nbsp;of viewership with peak viewership of 3.8 million people watching at once.</p><p><blockquote>该业务涉及Sea Garena品牌下提供的主导游戏目录，以《英雄联盟》等多人在线战斗竞技场(MOBA)游戏为首。不仅游戏本身很受欢迎，相关的MOBA电子竞技转播也是一项大生意。考虑到2020年英雄联盟锦标赛的总收视率为1.39亿小时，峰值收视率为380万人同时观看。</blockquote></p><p> While League of Legends is admittedly one of the more mature franchises in Sea’s arsenal, the company certainly isn’t a one-trick pony. Its mobile-friendly MOBA title Free Fire was the most-downloaded game in the Google Play store in 2019 and just hit&nbsp;80 million&nbsp;daily users at the end of last year.</p><p><blockquote>虽然《英雄联盟》无可否认是Sea武器库中较成熟的系列之一，但该公司肯定不是一匹只会一招的小马。其手机友好型MOBA游戏《Free Fire》是2019年谷歌Play商店下载量最大的游戏，去年年底日用户数刚刚达到8000万。</blockquote></p><p> And it doesn’t stop with just these games. This unique tech stock has divisions that focus on live streaming and social features for gamers, such as user chat and online forums, and a mobile-centric e-commerce marketplace to help with seller services like shipping and logistics.</p><p><blockquote>它不仅仅止于这些游戏。这只独特的科技股拥有专注于游戏玩家直播和社交功能（例如用户聊天和在线论坛）的部门，以及一个以移动为中心的电子商务市场，以帮助提供运输和物流等卖家服务。</blockquote></p><p> That adds up to a company that is uniquely positioned to capitalize on many parts of the gaming ecosystem, making Sea a very attractive option for those looking to tap into the full potential of this lucrative industry.</p><p><blockquote>这使得这家公司在利用游戏生态系统的许多部分方面具有独特的优势，这使得Sea对于那些希望挖掘这个利润丰厚的行业的全部潜力的人来说成为一个非常有吸引力的选择。</blockquote></p><p> <b>Immersion</b></p><p><blockquote><b>浸入</b></blockquote></p><p> The smallest and most aggressive play on this list is Immersion,a $350 million stock that is involved with “haptics.” This is the fancy technical term for motion and touch controls that use real-world feedback to allow users to interact with a computer or game console.</p><p><blockquote>这份名单上规模最小、最激进的公司是Immersion，这是一只价值3.5亿美元的股票，涉及“触觉”。这是运动和触摸控制的花哨技术术语，使用真实世界的反馈来允许用户与计算机或游戏控制台进行交互。</blockquote></p><p> The stock has surged about 50% in the last year in part because of a lucrative deal with Sony&nbsp;to produce components for its DualSense controllers that ship with the PlayStation 5. But the company’s long-term potential is bigger than one console, as the Nintendo witch and Xbox from Microsoft&nbsp;also use motion controls. Furthermore, there’s tremendous potential in the nascent VR market, too.</p><p><blockquote>该股去年飙升了约50%，部分原因是与索尼达成了一项利润丰厚的协议，为PlayStation 5附带的DualSense控制器生产组件。但该公司的长期潜力不仅仅是一款游戏机，因为微软的任天堂女巫和Xbox也使用运动控制。此外，新兴的虚拟现实市场也有巨大的潜力。</blockquote></p><p> There’s risk here, of course, since haptics technology has become standard fare for gamers only fairly recently and tons of companies are researching new solutions and forging relationships with the bigger names in the space.</p><p><blockquote>当然，这里存在风险，因为触觉技术直到最近才成为游戏玩家的标准配置，大量公司正在研究新的解决方案，并与该领域的大公司建立关系。</blockquote></p><p> Immersion is certainly not alone in this gold rush, but its track record is impressive. Thanks in part to its relationship with Sony, the stock swung from a modest loss to significant profits in 2020 — and based on FY2021 forecasts, earnings per share are set to double going forward as revenue jumps 20%. That could give investors a degree of confidence in the long-term potential of this stock.</p><p><blockquote>沉浸式当然不是这场淘金热中的唯一公司，但它的业绩记录令人印象深刻。部分由于与索尼的关系，该股在2020年从小幅亏损转为大幅盈利——根据2021财年的预测，随着收入增长20%，每股收益将翻一番。这可能会让投资者对该股的长期潜力有一定程度的信心。</blockquote></p><p> <b>Videogame ETFs</b></p><p><blockquote><b>视频游戏ETF</b></blockquote></p><p> If you are interested in simply playing the broader trend of gaming and esports without jumping into individual hardware or software names, the best way to do that is via an exchange-traded fund. Three ETFs offer investors a tactical but diversified investment on this industry.</p><p><blockquote>如果您有兴趣简单地玩游戏和电子竞技的更广泛趋势，而不涉及单个硬件或软件名称，那么最好的方法是通过交易所交易基金。三只ETF为投资者提供了对该行业的战术性但多元化的投资。</blockquote></p><p> The VanEck Vectors videogaming and eSports ETF&nbsp;is a well-established fund with more than $900 million in assets. For just 0.55% in annual expenses, or $55 a year on every $10,000 invested, you get a global play on this megatrend.</p><p><blockquote>VanEck Vectors视频游戏和电子竞技ETF是一只成熟的基金，资产超过9亿美元。只需每年0.55%的支出，即每投资10,000美元每年55美元，您就可以在这一大趋势中发挥全球作用。</blockquote></p><p> Unfortunately, if you’re looking for diversification, the list of components is a bit lacking, with only 25 stocks right now. However, you’ll get the big names in the space including Nintendo and Sea along with Chinese giant Tencent Holdings.</p><p><blockquote>不幸的是，如果您正在寻求多元化，成分股列表有点缺乏，目前只有25只股票。然而，你会看到该领域的大牌，包括任天堂和Sea以及中国巨头腾讯控股控股。</blockquote></p><p> An alternative is the Global X videogames &amp; Esports ETF,which also has about $900 million in assets. It charges a slightly lower expense ratio of 0.50% annually and has just over 40 holdings at present. The makeup is similar to the VanEck ETF, but the longer list means U.S. stocks feature less prominently and only make up about 29% of the portfolio.</p><p><blockquote>另一种选择是Global X videogames&amp;Esports ETF，该ETF也拥有约9亿美元的资产。它每年收取的费用率略低，为0.50%，目前持有40多只股票。其构成与VanEck ETF类似，但名单较长意味着美国股票的地位不太突出，仅占投资组合的29%左右。</blockquote></p><p> Smallest in terms of assets is the Wedbush ETFMG videogame Tech ETF.This fund only has a bit more than $100 million in assets under management and charges the highest fees at 0.75% in expenses. However, with 91 holdings it has the deepest bench of the three — with many Asia components that are difficult for U.S. individual investors to buy as individual stocks.</p><p><blockquote>资产规模最小的是Wedbush ETFMG视频游戏科技ETF。该基金管理的资产仅略高于1亿美元，收取的费用最高为0.75%。然而，该公司持有91只股票，是三者中最深的——其中有许多亚洲成分股，美国个人投资者很难将其作为个股购买。</blockquote></p><p> The strategies differ slightly, but one thing has been true for all of these funds lately: Big profits for investors. All three have delivered north of 90% gains over the last 12 months, showing they all could offer profitable ways to play the uptrend in videogaming.</p><p><blockquote>策略略有不同，但最近所有这些基金都有一件事：投资者获得巨额利润。在过去12个月里，这三家公司的涨幅都超过了90%，这表明它们都可以提供盈利的方式来应对视频游戏的上升趋势。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.marketwatch.com/story/these-4-stocks-and-3-etfs-let-you-cash-in-on-the-boom-in-videogames-and-esports-11614092613?mod=home-page\">MarketWatch</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GME":"游戏驿站","NTDOY":"任天堂","GAMR":"Amplify Video Game Leaders ETF","SE":"Sea Ltd","IMMR":"浸入科技","NTDOF":"Nintendo Co., Ltd.","CRSR":"Corsair Gaming, Inc."},"source_url":"https://www.marketwatch.com/story/these-4-stocks-and-3-etfs-let-you-cash-in-on-the-boom-in-videogames-and-esports-11614092613?mod=home-page","is_english":true,"share_image_url":"https://static.laohu8.com/599a65733b8245fcf7868668ef9ad712","article_id":"1136762256","content_text":"Look beyond Activision Blizzard and Nvidia\nGameStop grabbed headlines based on the notion that the “smart money” simply didn’t understand this stock. But for investors looking for a less volatile play on the gaming megatrens, here are seven options that may fit better in most portfolios.\nResearch firm NPD has shown that three out of four Americans, or roughly 244 million of us, play videogames for an average of 14 hours a week. And thanks to a lack of entertainment options outside the home in 2020, gaming sales worldwide surged 20% to a staggering $180 billion.\nIn fact, gaming is so popular and lucrative that professional esports now has an audience of about 500 million people worldwide — with a 70% increase in the number of viewers in the U.S. last year because of the pandemic and the lack of traditional spectator sports options. And as with so many other tech trends, these recent converts are likely to stick and continue powering the esports business. Here’s one way to put it in context: esports are expected to have almost 800 million viewers by 2024 – nearly as many as about 825 million or so fans of professional basketball worldwide today.\nSome of the biggest publicly traded videogame stocks are already old news. Over the last 10 years, gaming powerhouse Activision Blizzard has surged about 800% compared with about 200% for the S&P 500 index in the same period, growing to almost $80 billion in market value. And of course there has been the frenzy over GameStock that led toa congressional hearing.\nBut there are a host of up-and-coming companies looking to level up amid continued growth for the industry. If you’re looking to play the gaming and esports craze, here are some options worth a look:\nNintendo\nNintendo is an icon of the videogame industry. But just five years ago there was talk of “Nintendo’s Sad Struggle for Survival” amid waning popularity and weakening finances.\nThe house of Mario has come back big time, thanks to its innovative Switch console that successfully bridged console and mobile gaming markets. Nintendo’s eShop is now bursting with “casual” games like the smash hit “Among Us,” which was originally built for mobile phones and boasted half a billion players in November. While there are big margins on $70 games or high-end hardware, Nintendo has built both its user base and its software offerings around low-cost diversions that collectively add up to serious revenue.\nAt the same time, a strange convergence of circumstances have created big tailwinds for Nintendo’s high-end titles. Since its prior console — the Wii U — was a bit of a flop, Nintendo was able to reissue many native games with big price tags during the Switch’s early years. Now the company has planned releases in both its Zelda and Metroid franchises along with a potential upgrade to the Switch itself to drive high-margin hardware sales.\nThanks to these facts and a big pandemic boost, Nintendo stock has doubled from its early 2019 levels and is now trading at its highest levels since 2007. And if the 2021 release schedule lives up to the hype, we could see new all-time highs as this Japanese gaming powerhouse continues its return to dominance in the industry.\nCorsair\nIf Nintendo has cashed in by connecting with more casual gamers, then Corsair Gaming shows how to cater to very serious PC gamers. This roughly $4 billion company is a top supplier of gaming-related parts from CPUs to peripherals like headsets and keyboards to specialty components for streaming gameplay on the internet. The streaming business line is particularly interesting, both via competitive esports play as well as commercial gamers looking to win viewers on platforms like Twitch and YouTube.\nThe company completed its initial public offering in September and is soundly profitable. It’s also growing impressively, with its fourth-quarter earnings report in February showing a staggering 70% revenue growth and 118% profit growth year-over-year. Management has said this is thanks to expansion in all categories, too, and not just one item that’s hot at the moment.\nWe’ve seen the power of high-end hardware stocks before with companies like the Nvidia,which is up fourfold from the end of 2018 thanks in part to its best-in-class graphics cards and now worth $370 billion. But what makes Corsair so great is that it’s not a competitor to Nvidia; in fact, when folks look to build a new gaming rig to incorporate components like the Nvidia GeForce 4k graphics card that was recently released, they are likely to upgrade everything else, too.\nThat could allow Corsair to piggyback this trend in the short term and continue to build on its track record of success.\nSea\nSingapore-based Sea isn’t well known in the West, but that may change quickly given its 2020 stock performance. Over the last 12 months, the stock has surged roughly 420% thanks to amazing growth and big tailwinds behind its unique technology business.\nThat business involves a dominant gaming catalog offered under Sea’s Garena brand, led by multiplayer online battle arena (MOBA) games like League of Legends. Not only are the games themselves popular, but related MOBA esports broadcasts are big business, too. Consider that the 2020 League of Legends championship tallied 139 million total hours of viewership with peak viewership of 3.8 million people watching at once.\nWhile League of Legends is admittedly one of the more mature franchises in Sea’s arsenal, the company certainly isn’t a one-trick pony. Its mobile-friendly MOBA title Free Fire was the most-downloaded game in the Google Play store in 2019 and just hit 80 million daily users at the end of last year.\nAnd it doesn’t stop with just these games. This unique tech stock has divisions that focus on live streaming and social features for gamers, such as user chat and online forums, and a mobile-centric e-commerce marketplace to help with seller services like shipping and logistics.\nThat adds up to a company that is uniquely positioned to capitalize on many parts of the gaming ecosystem, making Sea a very attractive option for those looking to tap into the full potential of this lucrative industry.\nImmersion\nThe smallest and most aggressive play on this list is Immersion,a $350 million stock that is involved with “haptics.” This is the fancy technical term for motion and touch controls that use real-world feedback to allow users to interact with a computer or game console.\nThe stock has surged about 50% in the last year in part because of a lucrative deal with Sony to produce components for its DualSense controllers that ship with the PlayStation 5. But the company’s long-term potential is bigger than one console, as the Nintendo witch and Xbox from Microsoft also use motion controls. Furthermore, there’s tremendous potential in the nascent VR market, too.\nThere’s risk here, of course, since haptics technology has become standard fare for gamers only fairly recently and tons of companies are researching new solutions and forging relationships with the bigger names in the space.\nImmersion is certainly not alone in this gold rush, but its track record is impressive. Thanks in part to its relationship with Sony, the stock swung from a modest loss to significant profits in 2020 — and based on FY2021 forecasts, earnings per share are set to double going forward as revenue jumps 20%. That could give investors a degree of confidence in the long-term potential of this stock.\nVideogame ETFs\nIf you are interested in simply playing the broader trend of gaming and esports without jumping into individual hardware or software names, the best way to do that is via an exchange-traded fund. Three ETFs offer investors a tactical but diversified investment on this industry.\nThe VanEck Vectors videogaming and eSports ETF is a well-established fund with more than $900 million in assets. For just 0.55% in annual expenses, or $55 a year on every $10,000 invested, you get a global play on this megatrend.\nUnfortunately, if you’re looking for diversification, the list of components is a bit lacking, with only 25 stocks right now. However, you’ll get the big names in the space including Nintendo and Sea along with Chinese giant Tencent Holdings.\nAn alternative is the Global X videogames & Esports ETF,which also has about $900 million in assets. It charges a slightly lower expense ratio of 0.50% annually and has just over 40 holdings at present. The makeup is similar to the VanEck ETF, but the longer list means U.S. stocks feature less prominently and only make up about 29% of the portfolio.\nSmallest in terms of assets is the Wedbush ETFMG videogame Tech ETF.This fund only has a bit more than $100 million in assets under management and charges the highest fees at 0.75% in expenses. However, with 91 holdings it has the deepest bench of the three — with many Asia components that are difficult for U.S. individual investors to buy as individual stocks.\nThe strategies differ slightly, but one thing has been true for all of these funds lately: Big profits for investors. All three have delivered north of 90% gains over the last 12 months, showing they all could offer profitable ways to play the uptrend in videogaming.","news_type":1,"symbols_score_info":{"NTDOF":0.9,"GAMR":0.9,"GME":0.9,"IMMR":0.9,"CRSR":0.9,"SE":0.9,"NTDOY":0.9}},"isVote":1,"tweetType":1,"viewCount":706,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":361777842,"gmtCreate":1614264646686,"gmtModify":1634550393778,"author":{"id":"3569281466243183","authorId":"3569281466243183","name":"xjxjxj","avatar":"https://static.tigerbbs.com/3fda36dbe534d19914e7107db005a4dc","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3569281466243183","authorIdStr":"3569281466243183"},"themes":[],"htmlText":"Oh no","listText":"Oh no","text":"Oh no","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/361777842","repostId":"2114131201","repostType":4,"isVote":1,"tweetType":1,"viewCount":291,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":361774344,"gmtCreate":1614264627588,"gmtModify":1634550394022,"author":{"id":"3569281466243183","authorId":"3569281466243183","name":"xjxjxj","avatar":"https://static.tigerbbs.com/3fda36dbe534d19914e7107db005a4dc","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3569281466243183","authorIdStr":"3569281466243183"},"themes":[],"htmlText":"Apple car!&nbsp;","listText":"Apple car!&nbsp;","text":"Apple car!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/361774344","repostId":"1165777611","repostType":4,"repost":{"id":"1165777611","kind":"news","pubTimestamp":1614247990,"share":"https://www.laohu8.com/m/news/1165777611?lang=zh_CN&edition=full","pubTime":"2021-02-25 18:13","market":"us","language":"en","title":"Wall Street Is Obsessed With an Apple Car. Why Tech Analysts Might Be Too Excited.<blockquote>华尔街痴迷于苹果汽车。为什么科技分析师可能过于兴奋。</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1165777611","media":"Barrons","summary":"Implications of Apple’s entry into the car business continues to generate muchspeculationand manyana","content":"<p>Implications of Apple’s entry into the car business continues to generate muchspeculationand manyanalyst reportsfrom various stockbrokerage firms. Piper Sandler weighed into the debate Wednesday, saying an Apple car makes perfect sense. Investors, however, should remember that producing an automobile is very, very different from making a smartphone.</p><p><blockquote>苹果进入汽车行业的影响继续引发许多猜测和来自各股票经纪公司的许多分析师报告。派珀·桑德勒(Piper Sandler)周三参与了辩论，称苹果汽车非常有意义。然而，投资者应该记住，生产汽车与制造智能手机非常非常不同。</blockquote></p><p> Piper tech analystHarsh Kumarsays the timing is right for an&nbsp;Apple&nbsp;(ticker: AAPL) car. “The company can enter the market at a time of peak technology disruption while avoiding the risk of forming the market,” wrote the analyst in a Wednesday research report. Electric vehicles are proliferating, and autonomous driving technology is advancing. Cars will drive and feel different in the future—an Apple car would likely be an all-electric vehicle with self-driving options.</p><p><blockquote>Piper tech分析师Harsh Kumar表示，苹果（股票代码：AAPL）汽车的时机恰到好处。该分析师在周三的研究报告中写道：“该公司可以在技术颠覆高峰期进入市场，同时避免形成市场的风险。”电动汽车激增，自动驾驶技术进步。未来汽车的驾驶和感觉将会有所不同——苹果汽车很可能是一款具有自动驾驶选项的全电动汽车。</blockquote></p><p> Apple has so far declined to comment about any car plans recently.</p><p><blockquote>迄今为止，苹果拒绝对最近的任何汽车计划发表评论。</blockquote></p><p> Kumar covers Apple and other technology stocks. His 23-page report dives deep into the auto business—for tech investors. Industry size and market segmentation between, say, luxury cars and economy sedans, covered in his report, are par for the course in auto research.</p><p><blockquote>Kumar涵盖了苹果和其他科技股。他长达23页的报告深入探讨了汽车行业——面向科技投资者。他的报告中涵盖的豪华汽车和经济型轿车之间的行业规模和市场细分在汽车研究中是正常的。</blockquote></p><p> He assumes Apple, down the road, will sell 100,000 cars in year one. That might be aggressive.NIO(NIO),Li Auto(LI), andXPeng(XPEV) are threeEV startupsthat have been in business for years. They managed to sell about 100,000 vehicles on a combined basis in 2020. Kumar thinks Apple can be delivering 1 million cars by 2030.</p><p><blockquote>他假设苹果未来第一年将售出10万辆汽车。这可能很激进。蔚来（蔚来）、理想汽车（LI）和小鹏汽车（XPEV）是三家已经经营多年的电动汽车初创公司。2020年，他们总共售出了约10万辆汽车。Kumar认为苹果到2030年可以交付100万辆汽车。</blockquote></p><p> For tech analysts at this point, the Apple car appears to be an exercise in fun with numbers. They are attracted to the huge market size: New car sales top $2.5 trillion annually. But auto analysts’ enthusiasm for an Apple vehicle is more tempered, and perhaps for good reason.</p><p><blockquote>对于目前的科技分析师来说，苹果汽车似乎是一次玩弄数字的练习。他们被巨大的市场规模所吸引：每年新车销售额超过2.5万亿美元。但汽车分析师对苹果汽车的热情更加温和，这或许是有充分理由的。</blockquote></p><p> One factor that might hamper Apple’s ambitions is that cars are, of course, significantly more expensive than phones, making the purchase decision very different. In addition, “the regulatory side of the auto business is brutal and takes years to get through,” Benchmark auto analystMike Wardtells<i>Barron’s</i>.</p><p><blockquote>可能阻碍苹果雄心的一个因素是，汽车当然比手机贵得多，这使得购买决定非常不同。此外，Benchmark汽车分析师迈克·沃德(Mike Wardt)表示，“汽车行业的监管非常残酷，需要数年时间才能通过”<i>巴伦周刊</i>.</blockquote></p><p> Ward says he isn’t hearing Apple buzz in the auto industry. It’s “pretty tough to keep that quiet in the auto industry—thousands of suppliers, [government] approvals, the size of the factory needed, etc.” He isn’t saying it can’t happen, but it is harder than many investors might expect.</p><p><blockquote>沃德表示，他没有听到汽车行业的苹果热议。“在汽车行业保持这种安静是相当困难的——数以千计的供应商、[政府]批准、所需工厂的规模等等。”他并不是说这不可能发生，但这比许多投资者预期的要困难。</blockquote></p><p> Morgan Stanley analystAdam Jonasalso covers cars mainly. He doesn’t appear certain an Apple car is on the way, but if one does show up, “don’t expect steering wheels.” That means full self-driving, which also means the Apple car is still years away.</p><p><blockquote>摩根士丹利分析师亚当·乔纳斯也主要研究汽车。他似乎不确定是否有一辆苹果汽车在路上，但如果确实出现，“不要指望方向盘。”这意味着完全自动驾驶，这也意味着苹果汽车还需要数年时间。</blockquote></p><p> He believes an Apple car can accelerate EV penetration. That could help existing auto makers with more progressive approaches to the EV market. But higher penetration isn’t a panacea for the car business. “At some point, today’s EV players must share the sandbox,” wrote the analyst in a recent report.</p><p><blockquote>他相信苹果汽车可以加速电动汽车的渗透。这可以帮助现有汽车制造商对电动汽车市场采取更先进的方法。但更高的渗透率并不是汽车行业的灵丹妙药。这位分析师在最近的一份报告中写道：“在某些时候，今天的电动汽车玩家必须共享沙盒。”</blockquote></p><p> That threat isn’t affecting his ratings on competitors yet. He rate Tesla stock Buy and callsGeneral Motors(GM) a top pick.</p><p><blockquote>这种威胁尚未影响他对竞争对手的评级。他将特斯拉股票评级为买入，并将通用汽车(GM)列为首选。</blockquote></p><p> J.P. Morgan‘s tech and car teams produced a joint report recently, and they don’t see an Apple car coming soon. They agreed if an Apple car is on the way, it will be delayed until full self-driving capability is more widely available.Robotaxi services, which can handle city driving, are planned in the next couple of years. But full self-driving capabilities are farther away—the cost of sensors needs to fall, and the software still needs to improve.</p><p><blockquote>摩根大通的技术和汽车团队最近发布了一份联合报告，他们认为苹果汽车不会很快推出。他们一致认为，如果苹果汽车即将上市，它将被推迟，直到全自动驾驶功能更广泛可用。可以处理城市驾驶的机器人出租车服务计划在未来几年内推出。但全自动驾驶能力还很遥远——传感器的成本需要下降，软件仍需改进。</blockquote></p><p> The firm’s U.S. auto analystRyan Brinkmanadded that a new competitor the size and strength of Apple is a negative for existing auto makers, but, like Ward, he hasn’t heard about any collaboration in the auto-supply base.</p><p><blockquote>该公司的美国汽车分析师扬·布林克曼补充说，像苹果这样规模和实力的新竞争对手对现有汽车制造商来说是负面的，但和沃德一样，他没有听说汽车供应基地有任何合作。</blockquote></p><p> Another thing J.P. Morgan agrees on is outsourced manufacturing, meaning that Apple isn’t likely to assemble its car. That creates an opportunity for some existing car marker to build more volume. What company would win, however, isanyone’s guess.</p><p><blockquote>摩根大通同意的另一件事是外包制造，这意味着苹果不太可能组装其汽车。这为一些现有的汽车标记创造了增加销量的机会。然而，谁也说不准哪家公司会赢。</blockquote></p><p> Wedbush analystDan Ives, who covers disruptive technology, which includes Apple and EV makerTesla(TSLA), is placing his bets onVolkswagen(VOW.Germany). “We assign a 85%-plus chance that Apple will announce an EV partnership/collaboration over the next 3 to 6 months,” wrote Ives in a recent report. “We continue to strongly believe that VW is a top candidate for an Apple EV partnership/JV given the company’s modular factory footprint as well as the keyQuantumScapeownership.”</p><p><blockquote>Wedbush分析师Dan Ives研究颠覆性技术，包括苹果和电动汽车制造商特斯拉(TSLA)，他将赌注押在大众汽车(VOW.Germany)上。Ives在最近的一份报告中写道：“我们认为苹果将在未来3到6个月内宣布电动汽车合作伙伴关系/合作的可能性超过85%。”“鉴于大众汽车的模块化工厂足迹以及KeyQuantumScape所有权，我们仍然坚信大众汽车是苹果电动汽车合作伙伴/合资企业的首选候选者。”</blockquote></p><p> QuantumScape&nbsp;(QS) is&nbsp;pioneering&nbsp;solid-state lithium anode batteries that promise to improve electric-vehicle range and safety, while lowering costs and charge time.</p><p><blockquote>QuantumScape(QS)是固态锂阳极电池的先驱，有望提高电动汽车的续航里程和安全性，同时降低成本和充电时间。</blockquote></p><p></p><p> Apple car hopes aren’t affecting investors much yet. Since new reports of a possible Apple car surfaced in December, GM and Tesla shares are up about 26% and 10%, respectively. TheS&amp;P 500andDow Jones Industrial Average,for comparison, are up about 5% and 4%, respectively. Apple shares are down about 6%.</p><p><blockquote>苹果汽车的希望尚未对投资者产生太大影响。自去年12月有关可能推出苹果汽车的新报道浮出水面以来，通用汽车和特斯拉的股价分别上涨了约26%和10%。相比之下，标准普尔500指数和道琼斯工业平均指数分别上涨约5%和4%。苹果股价下跌约6%。</blockquote></p><p> Investors, it appears, have other more pressing issues on their minds.</p><p><blockquote>投资者似乎还有其他更紧迫的问题。</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>Wall Street Is Obsessed With an Apple Car. Why Tech Analysts Might Be Too Excited.<blockquote>华尔街痴迷于苹果汽车。为什么科技分析师可能过于兴奋。</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 Is Obsessed With an Apple Car. Why Tech Analysts Might Be Too Excited.<blockquote>华尔街痴迷于苹果汽车。为什么科技分析师可能过于兴奋。</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Barrons</strong><span class=\"h-time small\">2021-02-25 18:13</span>\n</p>\n</h4>\n</header>\n<article>\n<p>Implications of Apple’s entry into the car business continues to generate muchspeculationand manyanalyst reportsfrom various stockbrokerage firms. Piper Sandler weighed into the debate Wednesday, saying an Apple car makes perfect sense. Investors, however, should remember that producing an automobile is very, very different from making a smartphone.</p><p><blockquote>苹果进入汽车行业的影响继续引发许多猜测和来自各股票经纪公司的许多分析师报告。派珀·桑德勒(Piper Sandler)周三参与了辩论，称苹果汽车非常有意义。然而，投资者应该记住，生产汽车与制造智能手机非常非常不同。</blockquote></p><p> Piper tech analystHarsh Kumarsays the timing is right for an&nbsp;Apple&nbsp;(ticker: AAPL) car. “The company can enter the market at a time of peak technology disruption while avoiding the risk of forming the market,” wrote the analyst in a Wednesday research report. Electric vehicles are proliferating, and autonomous driving technology is advancing. Cars will drive and feel different in the future—an Apple car would likely be an all-electric vehicle with self-driving options.</p><p><blockquote>Piper tech分析师Harsh Kumar表示，苹果（股票代码：AAPL）汽车的时机恰到好处。该分析师在周三的研究报告中写道：“该公司可以在技术颠覆高峰期进入市场，同时避免形成市场的风险。”电动汽车激增，自动驾驶技术进步。未来汽车的驾驶和感觉将会有所不同——苹果汽车很可能是一款具有自动驾驶选项的全电动汽车。</blockquote></p><p> Apple has so far declined to comment about any car plans recently.</p><p><blockquote>迄今为止，苹果拒绝对最近的任何汽车计划发表评论。</blockquote></p><p> Kumar covers Apple and other technology stocks. His 23-page report dives deep into the auto business—for tech investors. Industry size and market segmentation between, say, luxury cars and economy sedans, covered in his report, are par for the course in auto research.</p><p><blockquote>Kumar涵盖了苹果和其他科技股。他长达23页的报告深入探讨了汽车行业——面向科技投资者。他的报告中涵盖的豪华汽车和经济型轿车之间的行业规模和市场细分在汽车研究中是正常的。</blockquote></p><p> He assumes Apple, down the road, will sell 100,000 cars in year one. That might be aggressive.NIO(NIO),Li Auto(LI), andXPeng(XPEV) are threeEV startupsthat have been in business for years. They managed to sell about 100,000 vehicles on a combined basis in 2020. Kumar thinks Apple can be delivering 1 million cars by 2030.</p><p><blockquote>他假设苹果未来第一年将售出10万辆汽车。这可能很激进。蔚来（蔚来）、理想汽车（LI）和小鹏汽车（XPEV）是三家已经经营多年的电动汽车初创公司。2020年，他们总共售出了约10万辆汽车。Kumar认为苹果到2030年可以交付100万辆汽车。</blockquote></p><p> For tech analysts at this point, the Apple car appears to be an exercise in fun with numbers. They are attracted to the huge market size: New car sales top $2.5 trillion annually. But auto analysts’ enthusiasm for an Apple vehicle is more tempered, and perhaps for good reason.</p><p><blockquote>对于目前的科技分析师来说，苹果汽车似乎是一次玩弄数字的练习。他们被巨大的市场规模所吸引：每年新车销售额超过2.5万亿美元。但汽车分析师对苹果汽车的热情更加温和，这或许是有充分理由的。</blockquote></p><p> One factor that might hamper Apple’s ambitions is that cars are, of course, significantly more expensive than phones, making the purchase decision very different. In addition, “the regulatory side of the auto business is brutal and takes years to get through,” Benchmark auto analystMike Wardtells<i>Barron’s</i>.</p><p><blockquote>可能阻碍苹果雄心的一个因素是，汽车当然比手机贵得多，这使得购买决定非常不同。此外，Benchmark汽车分析师迈克·沃德(Mike Wardt)表示，“汽车行业的监管非常残酷，需要数年时间才能通过”<i>巴伦周刊</i>.</blockquote></p><p> Ward says he isn’t hearing Apple buzz in the auto industry. It’s “pretty tough to keep that quiet in the auto industry—thousands of suppliers, [government] approvals, the size of the factory needed, etc.” He isn’t saying it can’t happen, but it is harder than many investors might expect.</p><p><blockquote>沃德表示，他没有听到汽车行业的苹果热议。“在汽车行业保持这种安静是相当困难的——数以千计的供应商、[政府]批准、所需工厂的规模等等。”他并不是说这不可能发生，但这比许多投资者预期的要困难。</blockquote></p><p> Morgan Stanley analystAdam Jonasalso covers cars mainly. He doesn’t appear certain an Apple car is on the way, but if one does show up, “don’t expect steering wheels.” That means full self-driving, which also means the Apple car is still years away.</p><p><blockquote>摩根士丹利分析师亚当·乔纳斯也主要研究汽车。他似乎不确定是否有一辆苹果汽车在路上，但如果确实出现，“不要指望方向盘。”这意味着完全自动驾驶，这也意味着苹果汽车还需要数年时间。</blockquote></p><p> He believes an Apple car can accelerate EV penetration. That could help existing auto makers with more progressive approaches to the EV market. But higher penetration isn’t a panacea for the car business. “At some point, today’s EV players must share the sandbox,” wrote the analyst in a recent report.</p><p><blockquote>他相信苹果汽车可以加速电动汽车的渗透。这可以帮助现有汽车制造商对电动汽车市场采取更先进的方法。但更高的渗透率并不是汽车行业的灵丹妙药。这位分析师在最近的一份报告中写道：“在某些时候，今天的电动汽车玩家必须共享沙盒。”</blockquote></p><p> That threat isn’t affecting his ratings on competitors yet. He rate Tesla stock Buy and callsGeneral Motors(GM) a top pick.</p><p><blockquote>这种威胁尚未影响他对竞争对手的评级。他将特斯拉股票评级为买入，并将通用汽车(GM)列为首选。</blockquote></p><p> J.P. Morgan‘s tech and car teams produced a joint report recently, and they don’t see an Apple car coming soon. They agreed if an Apple car is on the way, it will be delayed until full self-driving capability is more widely available.Robotaxi services, which can handle city driving, are planned in the next couple of years. But full self-driving capabilities are farther away—the cost of sensors needs to fall, and the software still needs to improve.</p><p><blockquote>摩根大通的技术和汽车团队最近发布了一份联合报告，他们认为苹果汽车不会很快推出。他们一致认为，如果苹果汽车即将上市，它将被推迟，直到全自动驾驶功能更广泛可用。可以处理城市驾驶的机器人出租车服务计划在未来几年内推出。但全自动驾驶能力还很遥远——传感器的成本需要下降，软件仍需改进。</blockquote></p><p> The firm’s U.S. auto analystRyan Brinkmanadded that a new competitor the size and strength of Apple is a negative for existing auto makers, but, like Ward, he hasn’t heard about any collaboration in the auto-supply base.</p><p><blockquote>该公司的美国汽车分析师扬·布林克曼补充说，像苹果这样规模和实力的新竞争对手对现有汽车制造商来说是负面的，但和沃德一样，他没有听说汽车供应基地有任何合作。</blockquote></p><p> Another thing J.P. Morgan agrees on is outsourced manufacturing, meaning that Apple isn’t likely to assemble its car. That creates an opportunity for some existing car marker to build more volume. What company would win, however, isanyone’s guess.</p><p><blockquote>摩根大通同意的另一件事是外包制造，这意味着苹果不太可能组装其汽车。这为一些现有的汽车标记创造了增加销量的机会。然而，谁也说不准哪家公司会赢。</blockquote></p><p> Wedbush analystDan Ives, who covers disruptive technology, which includes Apple and EV makerTesla(TSLA), is placing his bets onVolkswagen(VOW.Germany). “We assign a 85%-plus chance that Apple will announce an EV partnership/collaboration over the next 3 to 6 months,” wrote Ives in a recent report. “We continue to strongly believe that VW is a top candidate for an Apple EV partnership/JV given the company’s modular factory footprint as well as the keyQuantumScapeownership.”</p><p><blockquote>Wedbush分析师Dan Ives研究颠覆性技术，包括苹果和电动汽车制造商特斯拉(TSLA)，他将赌注押在大众汽车(VOW.Germany)上。Ives在最近的一份报告中写道：“我们认为苹果将在未来3到6个月内宣布电动汽车合作伙伴关系/合作的可能性超过85%。”“鉴于大众汽车的模块化工厂足迹以及KeyQuantumScape所有权，我们仍然坚信大众汽车是苹果电动汽车合作伙伴/合资企业的首选候选者。”</blockquote></p><p> QuantumScape&nbsp;(QS) is&nbsp;pioneering&nbsp;solid-state lithium anode batteries that promise to improve electric-vehicle range and safety, while lowering costs and charge time.</p><p><blockquote>QuantumScape(QS)是固态锂阳极电池的先驱，有望提高电动汽车的续航里程和安全性，同时降低成本和充电时间。</blockquote></p><p></p><p> Apple car hopes aren’t affecting investors much yet. Since new reports of a possible Apple car surfaced in December, GM and Tesla shares are up about 26% and 10%, respectively. TheS&amp;P 500andDow Jones Industrial Average,for comparison, are up about 5% and 4%, respectively. Apple shares are down about 6%.</p><p><blockquote>苹果汽车的希望尚未对投资者产生太大影响。自去年12月有关可能推出苹果汽车的新报道浮出水面以来，通用汽车和特斯拉的股价分别上涨了约26%和10%。相比之下，标准普尔500指数和道琼斯工业平均指数分别上涨约5%和4%。苹果股价下跌约6%。</blockquote></p><p> Investors, it appears, have other more pressing issues on their minds.</p><p><blockquote>投资者似乎还有其他更紧迫的问题。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.barrons.com/articles/wall-street-apple-stock-ev-tech-car-51614187099?mod=RTA\">Barrons</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果"},"source_url":"https://www.barrons.com/articles/wall-street-apple-stock-ev-tech-car-51614187099?mod=RTA","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1165777611","content_text":"Implications of Apple’s entry into the car business continues to generate muchspeculationand manyanalyst reportsfrom various stockbrokerage firms. Piper Sandler weighed into the debate Wednesday, saying an Apple car makes perfect sense. Investors, however, should remember that producing an automobile is very, very different from making a smartphone.\nPiper tech analystHarsh Kumarsays the timing is right for an Apple (ticker: AAPL) car. “The company can enter the market at a time of peak technology disruption while avoiding the risk of forming the market,” wrote the analyst in a Wednesday research report. Electric vehicles are proliferating, and autonomous driving technology is advancing. Cars will drive and feel different in the future—an Apple car would likely be an all-electric vehicle with self-driving options.\nApple has so far declined to comment about any car plans recently.\nKumar covers Apple and other technology stocks. His 23-page report dives deep into the auto business—for tech investors. Industry size and market segmentation between, say, luxury cars and economy sedans, covered in his report, are par for the course in auto research.\nHe assumes Apple, down the road, will sell 100,000 cars in year one. That might be aggressive.NIO(NIO),Li Auto(LI), andXPeng(XPEV) are threeEV startupsthat have been in business for years. They managed to sell about 100,000 vehicles on a combined basis in 2020. Kumar thinks Apple can be delivering 1 million cars by 2030.\nFor tech analysts at this point, the Apple car appears to be an exercise in fun with numbers. They are attracted to the huge market size: New car sales top $2.5 trillion annually. But auto analysts’ enthusiasm for an Apple vehicle is more tempered, and perhaps for good reason.\nOne factor that might hamper Apple’s ambitions is that cars are, of course, significantly more expensive than phones, making the purchase decision very different. In addition, “the regulatory side of the auto business is brutal and takes years to get through,” Benchmark auto analystMike WardtellsBarron’s.\nWard says he isn’t hearing Apple buzz in the auto industry. It’s “pretty tough to keep that quiet in the auto industry—thousands of suppliers, [government] approvals, the size of the factory needed, etc.” He isn’t saying it can’t happen, but it is harder than many investors might expect.\nMorgan Stanley analystAdam Jonasalso covers cars mainly. He doesn’t appear certain an Apple car is on the way, but if one does show up, “don’t expect steering wheels.” That means full self-driving, which also means the Apple car is still years away.\nHe believes an Apple car can accelerate EV penetration. That could help existing auto makers with more progressive approaches to the EV market. But higher penetration isn’t a panacea for the car business. “At some point, today’s EV players must share the sandbox,” wrote the analyst in a recent report.\nThat threat isn’t affecting his ratings on competitors yet. He rate Tesla stock Buy and callsGeneral Motors(GM) a top pick.\nJ.P. Morgan‘s tech and car teams produced a joint report recently, and they don’t see an Apple car coming soon. They agreed if an Apple car is on the way, it will be delayed until full self-driving capability is more widely available.Robotaxi services, which can handle city driving, are planned in the next couple of years. But full self-driving capabilities are farther away—the cost of sensors needs to fall, and the software still needs to improve.\nThe firm’s U.S. auto analystRyan Brinkmanadded that a new competitor the size and strength of Apple is a negative for existing auto makers, but, like Ward, he hasn’t heard about any collaboration in the auto-supply base.\nAnother thing J.P. Morgan agrees on is outsourced manufacturing, meaning that Apple isn’t likely to assemble its car. That creates an opportunity for some existing car marker to build more volume. What company would win, however, isanyone’s guess.\nWedbush analystDan Ives, who covers disruptive technology, which includes Apple and EV makerTesla(TSLA), is placing his bets onVolkswagen(VOW.Germany). “We assign a 85%-plus chance that Apple will announce an EV partnership/collaboration over the next 3 to 6 months,” wrote Ives in a recent report. “We continue to strongly believe that VW is a top candidate for an Apple EV partnership/JV given the company’s modular factory footprint as well as the keyQuantumScapeownership.”\nQuantumScape (QS) is pioneering solid-state lithium anode batteries that promise to improve electric-vehicle range and safety, while lowering costs and charge time.\nApple car hopes aren’t affecting investors much yet. Since new reports of a possible Apple car surfaced in December, GM and Tesla shares are up about 26% and 10%, respectively. TheS&P 500andDow Jones Industrial Average,for comparison, are up about 5% and 4%, respectively. Apple shares are down about 6%.\nInvestors, it appears, have other more pressing issues on their minds.","news_type":1,"symbols_score_info":{"AAPL":0.9}},"isVote":1,"tweetType":1,"viewCount":487,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":361775306,"gmtCreate":1614264596605,"gmtModify":1634550394143,"author":{"id":"3569281466243183","authorId":"3569281466243183","name":"xjxjxj","avatar":"https://static.tigerbbs.com/3fda36dbe534d19914e7107db005a4dc","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3569281466243183","authorIdStr":"3569281466243183"},"themes":[],"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/361775306","repostId":"2114317810","repostType":4,"isVote":1,"tweetType":1,"viewCount":679,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":361063973,"gmtCreate":1614179468592,"gmtModify":1634550836294,"author":{"id":"3569281466243183","authorId":"3569281466243183","name":"xjxjxj","avatar":"https://static.tigerbbs.com/3fda36dbe534d19914e7107db005a4dc","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3569281466243183","authorIdStr":"3569281466243183"},"themes":[],"htmlText":"Omg","listText":"Omg","text":"Omg","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/361063973","repostId":"2113136856","repostType":4,"isVote":1,"tweetType":1,"viewCount":700,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":361069769,"gmtCreate":1614179449551,"gmtModify":1634550836415,"author":{"id":"3569281466243183","authorId":"3569281466243183","name":"xjxjxj","avatar":"https://static.tigerbbs.com/3fda36dbe534d19914e7107db005a4dc","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3569281466243183","authorIdStr":"3569281466243183"},"themes":[],"htmlText":"Wew","listText":"Wew","text":"Wew","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/361069769","repostId":"1197533827","repostType":4,"repost":{"id":"1197533827","kind":"news","pubTimestamp":1614160523,"share":"https://www.laohu8.com/m/news/1197533827?lang=zh_CN&edition=full","pubTime":"2021-02-24 17:55","market":"us","language":"en","title":"The days of easy money in the stock market are now over<blockquote>股市轻松赚钱的日子现已结束</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1197533827","media":"MarketWatch","summary":"Get ready for a return to normal. Lucid’s SPAC and ARK Invest’s ETFs carry the whiff of the late-199","content":"<p>Get ready for a return to normal. Lucid’s SPAC and ARK Invest’s ETFs carry the whiff of the late-1990s technology bubble.</p><p><blockquote>准备好恢复正常吧。Lucid的SPAC和ARK Invest的ETF带有20世纪90年代末科技泡沫的气息。</blockquote></p><p> Ignore stock valuations and companies’ fundamentals at your peril.</p><p><blockquote>忽视股票估值和公司基本面，后果自负。</blockquote></p><p> Churchill Capital Corp. ,a special purpose acquisition company (SPAC) that had been rumored to merge with a Tesla-wannabe, Lucid Motors, finally announced Monday night that it is indeed going to do so. And in a classic Wall Street reaction, the market “sold the news” after long having “bought the rumor.”</p><p><blockquote>Churchill Capital Corp.是一家特殊目的收购公司（SPAC），曾有传言称将与特斯拉的追随者Lucid Motors合并，周一晚上终于宣布确实会这样做。在华尔街的典型反应中，市场在长期“买入谣言”后“卖出消息”。</blockquote></p><p> CCIV was up 500% from when it went public as a blank-check company, and today the stock market has wiped half of what its market value was perceived to be Monday at noon. This is a stock that I had warned about earlier this month as one of the many “Random Number Generators” (RNGs) that should be avoided. People and institutions who had for weeks been buying CCIV at $40, $50, $60 or even $70 per share have suddenly seen a huge wipeout of value.</p><p><blockquote>CCIV较作为空白支票公司上市时上涨了500%，今天股市已经抹去了周一中午预期市值的一半。本月早些时候，我曾警告过这只股票是应避免的众多“随机数生成器”(RNG)之一。几周来一直以每股40美元、50美元、60美元甚至70美元的价格购买CCIV的人和机构突然发现价值大幅缩水。</blockquote></p><p> They’re now, maybe, looking around at their other RNG SPACs and wondering if they should actually look at the valuations.</p><p><blockquote>他们现在可能正在环顾其他RNG SPAC，并想知道是否真的应该看看估值。</blockquote></p><p> Reviewing this week’s ugly stock-market action in a broader context, you might note that Tesla Inc.&nbsp;at $900 — after the company reported a not-so-great quarter that included some questions about gross margin expansion — is looking like it could have been a top-maker itself.</p><p><blockquote>在更广泛的背景下回顾本周丑陋的股市走势，您可能会注意到，特斯拉公司的股价为900美元——此前该公司报告了一个不太好的季度，其中包括一些有关毛利率扩张的问题——看起来可能已经是顶级制造商本身。</blockquote></p><p> Many questionable EV stocks continued to rally for a week or two before getting their comeuppance this week. At least for a day or two. It will be interesting to look back in a month to see what the non-TSLA EV stocks do from here. I expect most to move much lower even than today’s quotes, which are much lower than last week’s quotes.</p><p><blockquote>许多有问题的电动汽车股票在本周受到惩罚之前持续上涨了一两周。至少一两天。一个月后回顾一下非特斯拉电动汽车股票的表现将会很有趣。我预计大多数价格甚至会比今天的报价低得多，今天的报价比上周的报价低得多。</blockquote></p><p> <b>Piling into ARK</b></p><p><blockquote><b>堆积成方舟</b></blockquote></p><p> These days everybody wants to be Cathie Wood from ARK Invest. She was an early bull on Tesla and bitcoinBTCUSD,6.03%and some of the the other themes that long-time followers of mine and I got into even earlier than she did. Her actively managed ETF, ARK Innovation ETF&nbsp;being the most famous, has performed very well, and her commentary has been spot on for a couple years now.</p><p><blockquote>如今，每个人都想成为方舟投资公司的凯西·伍德。她是特斯拉和比特币BTCUSD、6.03%以及我和我的长期追随者甚至比她更早进入的其他一些主题的早期看涨者。她的主动管理型ETF（最著名的ARK Innovation ETF）表现非常好，几年来她的评论一直准确无误。</blockquote></p><p> But I have bad news. Even as I am a fan of Cathie’s and wish her and her investors all the best, I can’t help but think of the story of George Gilder, with whom I’ve become friends in the decades since&nbsp;I wrote this in 2001 for TheStreet.com.&nbsp;(I just realized this article was published just two weeks after 9/11.):</p><p><blockquote>但我有个坏消息。尽管我是Cathie's的粉丝并祝愿她和她的投资者一切顺利，但我还是忍不住想起了乔治·吉尔德(George Gilder)的故事，自从我2001年为TheStreet.com撰写这篇文章以来，我已经和他成为了几十年的朋友。（我刚刚意识到这篇文章是在9/11后两周发表的。）：</blockquote></p><p> <i>“Investors need to heed a few rules when evaluating companies in their portfolio: Cash is king, as cash flow becomes increasingly difficult to judge on an ongoing basis. As such, a simple glance at a company’s balance sheet can tell you a lot about whether it’s worthy of investment. Now that the huge daily run-ups of telco stocks are gone forever, the potential rewards of any business with questionable viability aren’t worth the risk of your capital. Look for real revenue on the books. As tech guru George Gilder and his followers have learned (at least, I hope they have by now), great technology doesn’t translate into a great investment. Companies need sales channels, and they need products for which there are immediate uses. You might be surprised that I didn’t mention profitability in that list. Profitability is naturally important, but even companies like Cisco probably won’t be profitable this quarter and perhaps for several more, as they’ll have to continue aligning capacity, employees and inventory with demand.</i></p><p><blockquote><i>“投资者在评估投资组合中的公司时需要注意一些规则：现金为王，因为现金流变得越来越难以持续判断。因此，简单浏览一下公司的资产负债表就可以告诉你很多关于它是否值得投资。既然电信股票每日大幅上涨的情况已经一去不复返了，任何生存能力值得怀疑的企业的潜在回报都不值得你冒资本风险。寻找账面上的实际收入。正如科技大师乔治·吉尔德和他的追随者所认识到的（至少，我希望他们现在已经认识到了），伟大的技术并不能转化为伟大的投资。公司需要销售渠道，他们需要有直接用途的产品。你可能会惊讶我没有在列表中提到盈利能力。盈利能力自然很重要，但即使是像思科这样的公司也可能无法在本季度甚至更长时间内实现盈利，因为他们必须继续根据需求调整产能、员工和库存。</i></blockquote></p><p> <i>Let me repeat the caveat here: You’ll never see the type of returns, at least in telecom and telecom-tech stocks, that we saw almost daily in the late 1990s. That’s another reason why these tech mutual fund guys, who keep preaching to stay the course, will take forever to get back to even.”</i></p><p><blockquote><i>让我在这里重复一遍警告：你永远不会看到我们在20世纪90年代末几乎每天都能看到的那种回报，至少在电信和电信科技股票中是这样。这就是为什么这些科技共同基金人士不断宣扬坚持到底，却需要很长时间才能恢复平衡的另一个原因。”</i></blockquote></p><p> <b>The hangover</b></p><p><blockquote><b>宿醉</b></blockquote></p><p> Telecom and telecom-tech stocks never again saw the kind of returns they did back in the late 1990s. I think the same can be said of EV stocks and many other of the favorites that Cathie Wood and her crowd of blind followers are these days plowing into as they put their money to work regardless of valuations.</p><p><blockquote>电信和电信科技股再也没有看到20世纪90年代末那样的回报。我认为电动汽车股票以及凯西·伍德（Cathie Wood）和她的一群盲目追随者最近投入的许多其他最爱股票也是如此，因为他们不顾估值而投入资金。</blockquote></p><p> Here’s what George had to say&nbsp;in 2002:</p><p><blockquote>以下是乔治在2002年所说的话：</blockquote></p><p></p><p> <i>“In retrospect, it’s obvious that I should’ve subtly said, ‘Hey, things have gotten out of hand at JDS Uniphase, and it’s not worth what you’d have to pay for it,’” he says. Each month, he thought about providing a warning to his subscribers, and he decided against it every time. He had witnessed firsthand what others had dubbed the “Gilder effect”: the steep spike in a stock after he added that company to his list. It wasn’t unheard of for the price of a stock to jump by more than 50 percent within an hour of a newsletter’s release. If I had said, ‘Hey, this is a top, you should all sell,’ it would’ve been a cataclysmic event,” he says. “I’d think about telling people that they should sell half their holdings, and each time I’d conclude that my subscribers would be enraged. I also wondered what I’d precipitate if I did it.” Fully 50 percent of his readers had signed up for the report at what Gilder now calls the “hysterical peak” of the market. “Half of my subscribers would have been eternally grateful [for a warning], but the other half – the new ones – would’ve been enraged because they had just come in,” he says. “It was quite terrifying. I really didn’t know what to do.” In the end he did nothing. And soon enough, he had an entirely new set of distractions to fret over. “In the past, we’d sell out our investor conferences within two weeks,” Gilder says. “But in 2001, we sent out the same literature and the same invitations, and five or seven people signed up.” He lost the deposits that were placed to reserve hotel space for the gatherings. Newsletter renewal rates plummeted. A huge tax bill came due. By spring 2002, he’d laid off nearly half of his staff. “You can be just fabulously flush one moment, and then the next, you can’t make that last million-dollar payment to your partners, and there’s suddenly a lien on your house,” he says.</i></p><p><blockquote><i>“回想起来，很明显我应该巧妙地说，‘嘿，JDS Uniphase的事情已经失控了，不值得你为此付出代价，’”他说。每个月，他都考虑向他的订户提供警告，但每次他都决定不这样做。他亲眼目睹了其他人所说的“吉尔德效应”：在他将一家公司加入他的名单后，该公司的股票急剧上涨。股票价格在时事通讯发布后一小时内上涨超过50%的情况并非闻所未闻。如果我说，‘嘿，这是一个顶部，你们都应该卖出’，这将是一个灾难性的事件，”他说。“我会考虑告诉人们他们应该卖掉一半的股份，每次我都会得出结论，我的订阅者会被激怒。我也想知道如果我这么做了会导致什么后果。”在吉尔德现在评级的市场“歇斯底里的高峰”，他的读者中有整整50%都报名阅读了这份报告。“我的一半订户会永远感激[警告]，但另一半——新订户——会被激怒，因为他们刚刚进来，”他说。“太可怕了，我真的不知道该怎么办了。”最后他什么也没做。很快，他就有了一系列全新的干扰。“过去，我们的投资者会议会在两周内售罄，”吉尔德说。“但在2001年，我们发出同样的文献，同样的邀请函，就有五七个人报名。”他失去了为聚会预留酒店空间的押金。简讯续订率直线下降。一笔巨额税单到期了。到2002年春天，他已经解雇了近一半的员工。“你可能前一刻还非常富有，下一刻，你就无法向你的合作伙伴支付最后一百万美元，然后你的房子突然就被留置权了，”他说。</i></blockquote></p><p> Many of the best stocks on George’s list at the top in 1999 ended up going down 99% or more. Many went to zero, even as their technologies and ideas carried on and built the internet we all use every day now.</p><p><blockquote>1999年乔治排行榜上名列前茅的许多最佳股票最终下跌了99%或更多。许多人归零，即使他们的技术和想法继续发展，并建立了我们现在每天都在使用的互联网。</blockquote></p><p> CCIV is likely a harbinger of more pain for those who ignore valuations and fundamentals.</p><p><blockquote>对于那些忽视估值和基本面的人来说，CCIV可能预示着更多痛苦。</blockquote></p><p></p>","source":"market_watch","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>The days of easy money in the stock market are now over<blockquote>股市轻松赚钱的日子现已结束</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\">\nThe days of easy money in the stock market are now over<blockquote>股市轻松赚钱的日子现已结束</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">MarketWatch</strong><span class=\"h-time small\">2021-02-24 17:55</span>\n</p>\n</h4>\n</header>\n<article>\n<p>Get ready for a return to normal. Lucid’s SPAC and ARK Invest’s ETFs carry the whiff of the late-1990s technology bubble.</p><p><blockquote>准备好恢复正常吧。Lucid的SPAC和ARK Invest的ETF带有20世纪90年代末科技泡沫的气息。</blockquote></p><p> Ignore stock valuations and companies’ fundamentals at your peril.</p><p><blockquote>忽视股票估值和公司基本面，后果自负。</blockquote></p><p> Churchill Capital Corp. ,a special purpose acquisition company (SPAC) that had been rumored to merge with a Tesla-wannabe, Lucid Motors, finally announced Monday night that it is indeed going to do so. And in a classic Wall Street reaction, the market “sold the news” after long having “bought the rumor.”</p><p><blockquote>Churchill Capital Corp.是一家特殊目的收购公司（SPAC），曾有传言称将与特斯拉的追随者Lucid Motors合并，周一晚上终于宣布确实会这样做。在华尔街的典型反应中，市场在长期“买入谣言”后“卖出消息”。</blockquote></p><p> CCIV was up 500% from when it went public as a blank-check company, and today the stock market has wiped half of what its market value was perceived to be Monday at noon. This is a stock that I had warned about earlier this month as one of the many “Random Number Generators” (RNGs) that should be avoided. People and institutions who had for weeks been buying CCIV at $40, $50, $60 or even $70 per share have suddenly seen a huge wipeout of value.</p><p><blockquote>CCIV较作为空白支票公司上市时上涨了500%，今天股市已经抹去了周一中午预期市值的一半。本月早些时候，我曾警告过这只股票是应避免的众多“随机数生成器”(RNG)之一。几周来一直以每股40美元、50美元、60美元甚至70美元的价格购买CCIV的人和机构突然发现价值大幅缩水。</blockquote></p><p> They’re now, maybe, looking around at their other RNG SPACs and wondering if they should actually look at the valuations.</p><p><blockquote>他们现在可能正在环顾其他RNG SPAC，并想知道是否真的应该看看估值。</blockquote></p><p> Reviewing this week’s ugly stock-market action in a broader context, you might note that Tesla Inc.&nbsp;at $900 — after the company reported a not-so-great quarter that included some questions about gross margin expansion — is looking like it could have been a top-maker itself.</p><p><blockquote>在更广泛的背景下回顾本周丑陋的股市走势，您可能会注意到，特斯拉公司的股价为900美元——此前该公司报告了一个不太好的季度，其中包括一些有关毛利率扩张的问题——看起来可能已经是顶级制造商本身。</blockquote></p><p> Many questionable EV stocks continued to rally for a week or two before getting their comeuppance this week. At least for a day or two. It will be interesting to look back in a month to see what the non-TSLA EV stocks do from here. I expect most to move much lower even than today’s quotes, which are much lower than last week’s quotes.</p><p><blockquote>许多有问题的电动汽车股票在本周受到惩罚之前持续上涨了一两周。至少一两天。一个月后回顾一下非特斯拉电动汽车股票的表现将会很有趣。我预计大多数价格甚至会比今天的报价低得多，今天的报价比上周的报价低得多。</blockquote></p><p> <b>Piling into ARK</b></p><p><blockquote><b>堆积成方舟</b></blockquote></p><p> These days everybody wants to be Cathie Wood from ARK Invest. She was an early bull on Tesla and bitcoinBTCUSD,6.03%and some of the the other themes that long-time followers of mine and I got into even earlier than she did. Her actively managed ETF, ARK Innovation ETF&nbsp;being the most famous, has performed very well, and her commentary has been spot on for a couple years now.</p><p><blockquote>如今，每个人都想成为方舟投资公司的凯西·伍德。她是特斯拉和比特币BTCUSD、6.03%以及我和我的长期追随者甚至比她更早进入的其他一些主题的早期看涨者。她的主动管理型ETF（最著名的ARK Innovation ETF）表现非常好，几年来她的评论一直准确无误。</blockquote></p><p> But I have bad news. Even as I am a fan of Cathie’s and wish her and her investors all the best, I can’t help but think of the story of George Gilder, with whom I’ve become friends in the decades since&nbsp;I wrote this in 2001 for TheStreet.com.&nbsp;(I just realized this article was published just two weeks after 9/11.):</p><p><blockquote>但我有个坏消息。尽管我是Cathie's的粉丝并祝愿她和她的投资者一切顺利，但我还是忍不住想起了乔治·吉尔德(George Gilder)的故事，自从我2001年为TheStreet.com撰写这篇文章以来，我已经和他成为了几十年的朋友。（我刚刚意识到这篇文章是在9/11后两周发表的。）：</blockquote></p><p> <i>“Investors need to heed a few rules when evaluating companies in their portfolio: Cash is king, as cash flow becomes increasingly difficult to judge on an ongoing basis. As such, a simple glance at a company’s balance sheet can tell you a lot about whether it’s worthy of investment. Now that the huge daily run-ups of telco stocks are gone forever, the potential rewards of any business with questionable viability aren’t worth the risk of your capital. Look for real revenue on the books. As tech guru George Gilder and his followers have learned (at least, I hope they have by now), great technology doesn’t translate into a great investment. Companies need sales channels, and they need products for which there are immediate uses. You might be surprised that I didn’t mention profitability in that list. Profitability is naturally important, but even companies like Cisco probably won’t be profitable this quarter and perhaps for several more, as they’ll have to continue aligning capacity, employees and inventory with demand.</i></p><p><blockquote><i>“投资者在评估投资组合中的公司时需要注意一些规则：现金为王，因为现金流变得越来越难以持续判断。因此，简单浏览一下公司的资产负债表就可以告诉你很多关于它是否值得投资。既然电信股票每日大幅上涨的情况已经一去不复返了，任何生存能力值得怀疑的企业的潜在回报都不值得你冒资本风险。寻找账面上的实际收入。正如科技大师乔治·吉尔德和他的追随者所认识到的（至少，我希望他们现在已经认识到了），伟大的技术并不能转化为伟大的投资。公司需要销售渠道，他们需要有直接用途的产品。你可能会惊讶我没有在列表中提到盈利能力。盈利能力自然很重要，但即使是像思科这样的公司也可能无法在本季度甚至更长时间内实现盈利，因为他们必须继续根据需求调整产能、员工和库存。</i></blockquote></p><p> <i>Let me repeat the caveat here: You’ll never see the type of returns, at least in telecom and telecom-tech stocks, that we saw almost daily in the late 1990s. That’s another reason why these tech mutual fund guys, who keep preaching to stay the course, will take forever to get back to even.”</i></p><p><blockquote><i>让我在这里重复一遍警告：你永远不会看到我们在20世纪90年代末几乎每天都能看到的那种回报，至少在电信和电信科技股票中是这样。这就是为什么这些科技共同基金人士不断宣扬坚持到底，却需要很长时间才能恢复平衡的另一个原因。”</i></blockquote></p><p> <b>The hangover</b></p><p><blockquote><b>宿醉</b></blockquote></p><p> Telecom and telecom-tech stocks never again saw the kind of returns they did back in the late 1990s. I think the same can be said of EV stocks and many other of the favorites that Cathie Wood and her crowd of blind followers are these days plowing into as they put their money to work regardless of valuations.</p><p><blockquote>电信和电信科技股再也没有看到20世纪90年代末那样的回报。我认为电动汽车股票以及凯西·伍德（Cathie Wood）和她的一群盲目追随者最近投入的许多其他最爱股票也是如此，因为他们不顾估值而投入资金。</blockquote></p><p> Here’s what George had to say&nbsp;in 2002:</p><p><blockquote>以下是乔治在2002年所说的话：</blockquote></p><p></p><p> <i>“In retrospect, it’s obvious that I should’ve subtly said, ‘Hey, things have gotten out of hand at JDS Uniphase, and it’s not worth what you’d have to pay for it,’” he says. Each month, he thought about providing a warning to his subscribers, and he decided against it every time. He had witnessed firsthand what others had dubbed the “Gilder effect”: the steep spike in a stock after he added that company to his list. It wasn’t unheard of for the price of a stock to jump by more than 50 percent within an hour of a newsletter’s release. If I had said, ‘Hey, this is a top, you should all sell,’ it would’ve been a cataclysmic event,” he says. “I’d think about telling people that they should sell half their holdings, and each time I’d conclude that my subscribers would be enraged. I also wondered what I’d precipitate if I did it.” Fully 50 percent of his readers had signed up for the report at what Gilder now calls the “hysterical peak” of the market. “Half of my subscribers would have been eternally grateful [for a warning], but the other half – the new ones – would’ve been enraged because they had just come in,” he says. “It was quite terrifying. I really didn’t know what to do.” In the end he did nothing. And soon enough, he had an entirely new set of distractions to fret over. “In the past, we’d sell out our investor conferences within two weeks,” Gilder says. “But in 2001, we sent out the same literature and the same invitations, and five or seven people signed up.” He lost the deposits that were placed to reserve hotel space for the gatherings. Newsletter renewal rates plummeted. A huge tax bill came due. By spring 2002, he’d laid off nearly half of his staff. “You can be just fabulously flush one moment, and then the next, you can’t make that last million-dollar payment to your partners, and there’s suddenly a lien on your house,” he says.</i></p><p><blockquote><i>“回想起来，很明显我应该巧妙地说，‘嘿，JDS Uniphase的事情已经失控了，不值得你为此付出代价，’”他说。每个月，他都考虑向他的订户提供警告，但每次他都决定不这样做。他亲眼目睹了其他人所说的“吉尔德效应”：在他将一家公司加入他的名单后，该公司的股票急剧上涨。股票价格在时事通讯发布后一小时内上涨超过50%的情况并非闻所未闻。如果我说，‘嘿，这是一个顶部，你们都应该卖出’，这将是一个灾难性的事件，”他说。“我会考虑告诉人们他们应该卖掉一半的股份，每次我都会得出结论，我的订阅者会被激怒。我也想知道如果我这么做了会导致什么后果。”在吉尔德现在评级的市场“歇斯底里的高峰”，他的读者中有整整50%都报名阅读了这份报告。“我的一半订户会永远感激[警告]，但另一半——新订户——会被激怒，因为他们刚刚进来，”他说。“太可怕了，我真的不知道该怎么办了。”最后他什么也没做。很快，他就有了一系列全新的干扰。“过去，我们的投资者会议会在两周内售罄，”吉尔德说。“但在2001年，我们发出同样的文献，同样的邀请函，就有五七个人报名。”他失去了为聚会预留酒店空间的押金。简讯续订率直线下降。一笔巨额税单到期了。到2002年春天，他已经解雇了近一半的员工。“你可能前一刻还非常富有，下一刻，你就无法向你的合作伙伴支付最后一百万美元，然后你的房子突然就被留置权了，”他说。</i></blockquote></p><p> Many of the best stocks on George’s list at the top in 1999 ended up going down 99% or more. Many went to zero, even as their technologies and ideas carried on and built the internet we all use every day now.</p><p><blockquote>1999年乔治排行榜上名列前茅的许多最佳股票最终下跌了99%或更多。许多人归零，即使他们的技术和想法继续发展，并建立了我们现在每天都在使用的互联网。</blockquote></p><p> CCIV is likely a harbinger of more pain for those who ignore valuations and fundamentals.</p><p><blockquote>对于那些忽视估值和基本面的人来说，CCIV可能预示着更多痛苦。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.marketwatch.com/story/the-days-of-easy-money-in-the-stock-market-are-now-over-11614104263?mod=home-page\">MarketWatch</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index",".DJI":"道琼斯","TSLA":"特斯拉","ARKK":"ARK Innovation ETF",".IXIC":"NASDAQ Composite"},"source_url":"https://www.marketwatch.com/story/the-days-of-easy-money-in-the-stock-market-are-now-over-11614104263?mod=home-page","is_english":true,"share_image_url":"https://static.laohu8.com/599a65733b8245fcf7868668ef9ad712","article_id":"1197533827","content_text":"Get ready for a return to normal. Lucid’s SPAC and ARK Invest’s ETFs carry the whiff of the late-1990s technology bubble.\nIgnore stock valuations and companies’ fundamentals at your peril.\nChurchill Capital Corp. ,a special purpose acquisition company (SPAC) that had been rumored to merge with a Tesla-wannabe, Lucid Motors, finally announced Monday night that it is indeed going to do so. And in a classic Wall Street reaction, the market “sold the news” after long having “bought the rumor.”\nCCIV was up 500% from when it went public as a blank-check company, and today the stock market has wiped half of what its market value was perceived to be Monday at noon. This is a stock that I had warned about earlier this month as one of the many “Random Number Generators” (RNGs) that should be avoided. People and institutions who had for weeks been buying CCIV at $40, $50, $60 or even $70 per share have suddenly seen a huge wipeout of value.\nThey’re now, maybe, looking around at their other RNG SPACs and wondering if they should actually look at the valuations.\nReviewing this week’s ugly stock-market action in a broader context, you might note that Tesla Inc. at $900 — after the company reported a not-so-great quarter that included some questions about gross margin expansion — is looking like it could have been a top-maker itself.\nMany questionable EV stocks continued to rally for a week or two before getting their comeuppance this week. At least for a day or two. It will be interesting to look back in a month to see what the non-TSLA EV stocks do from here. I expect most to move much lower even than today’s quotes, which are much lower than last week’s quotes.\nPiling into ARK\nThese days everybody wants to be Cathie Wood from ARK Invest. She was an early bull on Tesla and bitcoinBTCUSD,6.03%and some of the the other themes that long-time followers of mine and I got into even earlier than she did. Her actively managed ETF, ARK Innovation ETF being the most famous, has performed very well, and her commentary has been spot on for a couple years now.\nBut I have bad news. Even as I am a fan of Cathie’s and wish her and her investors all the best, I can’t help but think of the story of George Gilder, with whom I’ve become friends in the decades since I wrote this in 2001 for TheStreet.com. (I just realized this article was published just two weeks after 9/11.):\n“Investors need to heed a few rules when evaluating companies in their portfolio: Cash is king, as cash flow becomes increasingly difficult to judge on an ongoing basis. As such, a simple glance at a company’s balance sheet can tell you a lot about whether it’s worthy of investment. Now that the huge daily run-ups of telco stocks are gone forever, the potential rewards of any business with questionable viability aren’t worth the risk of your capital. Look for real revenue on the books. As tech guru George Gilder and his followers have learned (at least, I hope they have by now), great technology doesn’t translate into a great investment. Companies need sales channels, and they need products for which there are immediate uses. You might be surprised that I didn’t mention profitability in that list. Profitability is naturally important, but even companies like Cisco probably won’t be profitable this quarter and perhaps for several more, as they’ll have to continue aligning capacity, employees and inventory with demand.\nLet me repeat the caveat here: You’ll never see the type of returns, at least in telecom and telecom-tech stocks, that we saw almost daily in the late 1990s. That’s another reason why these tech mutual fund guys, who keep preaching to stay the course, will take forever to get back to even.”\nThe hangover\nTelecom and telecom-tech stocks never again saw the kind of returns they did back in the late 1990s. I think the same can be said of EV stocks and many other of the favorites that Cathie Wood and her crowd of blind followers are these days plowing into as they put their money to work regardless of valuations.\nHere’s what George had to say in 2002:\n“In retrospect, it’s obvious that I should’ve subtly said, ‘Hey, things have gotten out of hand at JDS Uniphase, and it’s not worth what you’d have to pay for it,’” he says. Each month, he thought about providing a warning to his subscribers, and he decided against it every time. He had witnessed firsthand what others had dubbed the “Gilder effect”: the steep spike in a stock after he added that company to his list. It wasn’t unheard of for the price of a stock to jump by more than 50 percent within an hour of a newsletter’s release. If I had said, ‘Hey, this is a top, you should all sell,’ it would’ve been a cataclysmic event,” he says. “I’d think about telling people that they should sell half their holdings, and each time I’d conclude that my subscribers would be enraged. I also wondered what I’d precipitate if I did it.” Fully 50 percent of his readers had signed up for the report at what Gilder now calls the “hysterical peak” of the market. “Half of my subscribers would have been eternally grateful [for a warning], but the other half – the new ones – would’ve been enraged because they had just come in,” he says. “It was quite terrifying. I really didn’t know what to do.” In the end he did nothing. And soon enough, he had an entirely new set of distractions to fret over. “In the past, we’d sell out our investor conferences within two weeks,” Gilder says. “But in 2001, we sent out the same literature and the same invitations, and five or seven people signed up.” He lost the deposits that were placed to reserve hotel space for the gatherings. Newsletter renewal rates plummeted. A huge tax bill came due. By spring 2002, he’d laid off nearly half of his staff. “You can be just fabulously flush one moment, and then the next, you can’t make that last million-dollar payment to your partners, and there’s suddenly a lien on your house,” he says.\nMany of the best stocks on George’s list at the top in 1999 ended up going down 99% or more. Many went to zero, even as their technologies and ideas carried on and built the internet we all use every day now.\nCCIV is likely a harbinger of more pain for those who ignore valuations and fundamentals.","news_type":1,"symbols_score_info":{".DJI":0.9,"ARKK":0.9,".SPX":0.9,".IXIC":0.9,"TSLA":0.9}},"isVote":1,"tweetType":1,"viewCount":404,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":361069315,"gmtCreate":1614179428237,"gmtModify":1634550836776,"author":{"id":"3569281466243183","authorId":"3569281466243183","name":"xjxjxj","avatar":"https://static.tigerbbs.com/3fda36dbe534d19914e7107db005a4dc","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3569281466243183","authorIdStr":"3569281466243183"},"themes":[],"htmlText":":)&nbsp;","listText":":)&nbsp;","text":":)","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/361069315","repostId":"1151057580","repostType":4,"repost":{"id":"1151057580","kind":"news","pubTimestamp":1614159411,"share":"https://www.laohu8.com/m/news/1151057580?lang=zh_CN&edition=full","pubTime":"2021-02-24 17:36","market":"hk","language":"en","title":"What Type Of Shareholders Own The Most Number of NetEase, Inc. Shares?<blockquote>什么类型的股东拥有最多的网易股份？</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1151057580","media":"Simply Wall St","summary":"Every investor in NetEase, Inc. (NASDAQ:NTES) should be aware of the most powerful shareholder group","content":"<p>Every investor in NetEase, Inc. (NASDAQ:NTES) should be aware of the most powerful shareholder groups. Large companies usually have institutions as shareholders, and we usually see insiders owning shares in smaller companies. I quite like to see at least a little bit of insider ownership. As Charlie Munger said 'Show me the incentive and I will show you the outcome.</p><p><blockquote>网易公司（纳斯达克：NTES）的每个投资者都应该知道最强大的股东群体。大公司通常有机构作为股东，我们通常会看到内部人士持有小公司的股份。我很高兴看到至少有一点内部所有权。正如查理·芒格所说，“给我看动机，我就给你看结果。</blockquote></p><p> NetEase has a market capitalization of US$86b, so it's too big to fly under the radar. We'd expect to see both institutions and retail investors owning a portion of the company. In the chart below, we can see that institutional investors have bought into the company. We can zoom in on the different ownership groups, to learn more about NetEase.</p><p><blockquote>网易的市值为86b美元，所以它太大了，不能被忽视。我们预计机构和散户投资者都拥有该公司的一部分股份。在下图中，我们可以看到机构投资者已经买入了该公司。我们可以放大不同的所有权群体，以了解更多关于网易的信息。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/a5a0c2924ed2348105efa7c4c8a3f012\" tg-width=\"821\" tg-height=\"222\"><span>NasdaqGS:NTES Ownership Breakdown February 22nd 2021</span></p><p><blockquote><p class=\"t-img-caption\"><span>纳斯达克GS：NTES所有权明细2021年2月22日</span></p></blockquote></p><p> <b>What Does The Institutional Ownership Tell Us About NetEase?</b></p><p><blockquote><b>关于网易，机构持股告诉了我们什么？</b></blockquote></p><p> Institutional investors commonly compare their own returns to the returns of a commonly followed index. So they generally do consider buying larger companies that are included in the relevant benchmark index.</p><p><blockquote>机构投资者通常将自己的回报与普遍关注的指数的回报进行比较。因此，他们通常会考虑购买相关基准指数中包含的较大公司。</blockquote></p><p> We can see that NetEase does have institutional investors; and they hold a good portion of the company's stock. This implies the analysts working for those institutions have looked at the stock and they like it. But just like anyone else, they could be wrong. It is not uncommon to see a big share price drop if two large institutional investors try to sell out of a stock at the same time. So it is worth checking the past earnings trajectory of NetEase, (below). Of course, keep in mind that there are other factors to consider, too.</p><p><blockquote>我们可以看到，网易确实有机构投资者；他们持有该公司很大一部分股票。这意味着为这些机构工作的分析师已经看过这只股票并且他们喜欢它。但就像其他人一样，他们可能是错的。如果两个大型机构投资者试图同时抛售一只股票，股价大幅下跌的情况并不少见。因此，值得检查一下网易过去的盈利轨迹（如下）。当然，请记住，还有其他因素需要考虑。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/0c2aa861601e81715cb26998290f435b\" tg-width=\"821\" tg-height=\"524\"><span>NasdaqGS:NTES Earnings and Revenue Growth February 22nd 2021</span></p><p><blockquote><p class=\"t-img-caption\"><span>纳斯达克GS：NTES盈利和收入增长2021年2月22日</span></p></blockquote></p><p> We note that hedge funds don't have a meaningful investment in NetEase. With a 42% stake, CEO Lei Ding is the largest shareholder. For context, the second largest shareholder holds about 3.6% of the shares outstanding, followed by an ownership of 3.2% by the third-largest shareholder.</p><p><blockquote>我们注意到对冲基金对网易没有有意义的投资。42%的股份，CEO丁磊是第一大股东。就背景而言，第二大股东持有约3.6%的已发行股份，其次是第三大股东持有3.2%的股份。</blockquote></p><p> On looking further, we found that 52% of the shares are owned by the top 4 shareholders. In other words, these shareholders have a meaningful say in the decisions of the company.</p><p><blockquote>进一步观察，我们发现52%的股份由前4名股东持有。换句话说，这些股东对公司的决策拥有有意义的发言权。</blockquote></p><p> While studying institutional ownership for a company can add value to your research, it is also a good practice to research analyst recommendations to get a deeper understand of a stock's expected performance. Quite a few analysts cover the stock, so you could look into forecast growth quite easily.</p><p><blockquote>虽然研究公司的机构所有权可以为您的研究增加价值，但研究分析师的建议以更深入地了解股票的预期表现也是一个很好的做法。相当多的分析师关注该股票，因此您可以很容易地了解预测增长。</blockquote></p><p> <b>Insider Ownership Of NetEase</b></p><p><blockquote><b>网易内部人持股</b></blockquote></p><p> While the precise definition of an insider can be subjective, almost everyone considers board members to be insiders. The company management answer to the board and the latter should represent the interests of shareholders. Notably, sometimes top-level managers are on the board themselves.</p><p><blockquote>虽然内部人士的精确定义可能是主观的，但几乎每个人都认为董事会成员是内部人士。公司管理层向董事会负责，董事会应代表股东的利益。值得注意的是，有时高层管理人员自己也是董事会成员。</blockquote></p><p> I generally consider insider ownership to be a good thing. However, on some occasions it makes it more difficult for other shareholders to hold the board accountable for decisions.</p><p><blockquote>我通常认为内部人所有权是一件好事。然而，在某些情况下，其他股东更难让董事会对决策负责。</blockquote></p><p> Our most recent data indicates that insiders own a reasonable proportion of NetEase, Inc.. It has a market capitalization of just US$86b, and insiders have US$36b worth of shares in their own names. That's quite significant. Most would be pleased to see the board is investing alongside them. You may wish to&nbsp;access this free chart showing recent trading by insiders.</p><p><blockquote>我们最新的数据表明，内部人士持有网易公司的合理比例..它的市值仅为86b美元，内部人士名下拥有价值36b美元的股票。这很有意义。大多数人会很高兴看到董事会与他们一起投资。您可能希望访问这张显示内部人士最近交易的免费图表。</blockquote></p><p> <b>General Public Ownership</b></p><p><blockquote><b>一般公有制</b></blockquote></p><p> The general public holds a 17% stake in NetEase. This size of ownership, while considerable, may not be enough to change company policy if the decision is not in sync with other large shareholders.</p><p><blockquote>普通大众持有网易17%的股份。这种所有权规模虽然相当大，但如果决策与其他大股东不同步，可能不足以改变公司政策。</blockquote></p><p></p>","source":"lsy1580989461469","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>What Type Of Shareholders Own The Most Number of NetEase, Inc. Shares?<blockquote>什么类型的股东拥有最多的网易股份？</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\">\nWhat Type Of Shareholders Own The Most Number of NetEase, Inc. Shares?<blockquote>什么类型的股东拥有最多的网易股份？</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Simply Wall St</strong><span class=\"h-time small\">2021-02-24 17:36</span>\n</p>\n</h4>\n</header>\n<article>\n<p>Every investor in NetEase, Inc. (NASDAQ:NTES) should be aware of the most powerful shareholder groups. Large companies usually have institutions as shareholders, and we usually see insiders owning shares in smaller companies. I quite like to see at least a little bit of insider ownership. As Charlie Munger said 'Show me the incentive and I will show you the outcome.</p><p><blockquote>网易公司（纳斯达克：NTES）的每个投资者都应该知道最强大的股东群体。大公司通常有机构作为股东，我们通常会看到内部人士持有小公司的股份。我很高兴看到至少有一点内部所有权。正如查理·芒格所说，“给我看动机，我就给你看结果。</blockquote></p><p> NetEase has a market capitalization of US$86b, so it's too big to fly under the radar. We'd expect to see both institutions and retail investors owning a portion of the company. In the chart below, we can see that institutional investors have bought into the company. We can zoom in on the different ownership groups, to learn more about NetEase.</p><p><blockquote>网易的市值为86b美元，所以它太大了，不能被忽视。我们预计机构和散户投资者都拥有该公司的一部分股份。在下图中，我们可以看到机构投资者已经买入了该公司。我们可以放大不同的所有权群体，以了解更多关于网易的信息。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/a5a0c2924ed2348105efa7c4c8a3f012\" tg-width=\"821\" tg-height=\"222\"><span>NasdaqGS:NTES Ownership Breakdown February 22nd 2021</span></p><p><blockquote><p class=\"t-img-caption\"><span>纳斯达克GS：NTES所有权明细2021年2月22日</span></p></blockquote></p><p> <b>What Does The Institutional Ownership Tell Us About NetEase?</b></p><p><blockquote><b>关于网易，机构持股告诉了我们什么？</b></blockquote></p><p> Institutional investors commonly compare their own returns to the returns of a commonly followed index. So they generally do consider buying larger companies that are included in the relevant benchmark index.</p><p><blockquote>机构投资者通常将自己的回报与普遍关注的指数的回报进行比较。因此，他们通常会考虑购买相关基准指数中包含的较大公司。</blockquote></p><p> We can see that NetEase does have institutional investors; and they hold a good portion of the company's stock. This implies the analysts working for those institutions have looked at the stock and they like it. But just like anyone else, they could be wrong. It is not uncommon to see a big share price drop if two large institutional investors try to sell out of a stock at the same time. So it is worth checking the past earnings trajectory of NetEase, (below). Of course, keep in mind that there are other factors to consider, too.</p><p><blockquote>我们可以看到，网易确实有机构投资者；他们持有该公司很大一部分股票。这意味着为这些机构工作的分析师已经看过这只股票并且他们喜欢它。但就像其他人一样，他们可能是错的。如果两个大型机构投资者试图同时抛售一只股票，股价大幅下跌的情况并不少见。因此，值得检查一下网易过去的盈利轨迹（如下）。当然，请记住，还有其他因素需要考虑。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/0c2aa861601e81715cb26998290f435b\" tg-width=\"821\" tg-height=\"524\"><span>NasdaqGS:NTES Earnings and Revenue Growth February 22nd 2021</span></p><p><blockquote><p class=\"t-img-caption\"><span>纳斯达克GS：NTES盈利和收入增长2021年2月22日</span></p></blockquote></p><p> We note that hedge funds don't have a meaningful investment in NetEase. With a 42% stake, CEO Lei Ding is the largest shareholder. For context, the second largest shareholder holds about 3.6% of the shares outstanding, followed by an ownership of 3.2% by the third-largest shareholder.</p><p><blockquote>我们注意到对冲基金对网易没有有意义的投资。42%的股份，CEO丁磊是第一大股东。就背景而言，第二大股东持有约3.6%的已发行股份，其次是第三大股东持有3.2%的股份。</blockquote></p><p> On looking further, we found that 52% of the shares are owned by the top 4 shareholders. In other words, these shareholders have a meaningful say in the decisions of the company.</p><p><blockquote>进一步观察，我们发现52%的股份由前4名股东持有。换句话说，这些股东对公司的决策拥有有意义的发言权。</blockquote></p><p> While studying institutional ownership for a company can add value to your research, it is also a good practice to research analyst recommendations to get a deeper understand of a stock's expected performance. Quite a few analysts cover the stock, so you could look into forecast growth quite easily.</p><p><blockquote>虽然研究公司的机构所有权可以为您的研究增加价值，但研究分析师的建议以更深入地了解股票的预期表现也是一个很好的做法。相当多的分析师关注该股票，因此您可以很容易地了解预测增长。</blockquote></p><p> <b>Insider Ownership Of NetEase</b></p><p><blockquote><b>网易内部人持股</b></blockquote></p><p> While the precise definition of an insider can be subjective, almost everyone considers board members to be insiders. The company management answer to the board and the latter should represent the interests of shareholders. Notably, sometimes top-level managers are on the board themselves.</p><p><blockquote>虽然内部人士的精确定义可能是主观的，但几乎每个人都认为董事会成员是内部人士。公司管理层向董事会负责，董事会应代表股东的利益。值得注意的是，有时高层管理人员自己也是董事会成员。</blockquote></p><p> I generally consider insider ownership to be a good thing. However, on some occasions it makes it more difficult for other shareholders to hold the board accountable for decisions.</p><p><blockquote>我通常认为内部人所有权是一件好事。然而，在某些情况下，其他股东更难让董事会对决策负责。</blockquote></p><p> Our most recent data indicates that insiders own a reasonable proportion of NetEase, Inc.. It has a market capitalization of just US$86b, and insiders have US$36b worth of shares in their own names. That's quite significant. Most would be pleased to see the board is investing alongside them. You may wish to&nbsp;access this free chart showing recent trading by insiders.</p><p><blockquote>我们最新的数据表明，内部人士持有网易公司的合理比例..它的市值仅为86b美元，内部人士名下拥有价值36b美元的股票。这很有意义。大多数人会很高兴看到董事会与他们一起投资。您可能希望访问这张显示内部人士最近交易的免费图表。</blockquote></p><p> <b>General Public Ownership</b></p><p><blockquote><b>一般公有制</b></blockquote></p><p> The general public holds a 17% stake in NetEase. This size of ownership, while considerable, may not be enough to change company policy if the decision is not in sync with other large shareholders.</p><p><blockquote>普通大众持有网易17%的股份。这种所有权规模虽然相当大，但如果决策与其他大股东不同步，可能不足以改变公司政策。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://simplywall.st/stocks/us/media/nasdaq-ntes/netease/news/what-type-of-shareholders-own-the-most-number-of-netease-inc\">Simply Wall St</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":{"NTES":"网易","09999":"网易-S"},"source_url":"https://simplywall.st/stocks/us/media/nasdaq-ntes/netease/news/what-type-of-shareholders-own-the-most-number-of-netease-inc","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1151057580","content_text":"Every investor in NetEase, Inc. (NASDAQ:NTES) should be aware of the most powerful shareholder groups. Large companies usually have institutions as shareholders, and we usually see insiders owning shares in smaller companies. I quite like to see at least a little bit of insider ownership. As Charlie Munger said 'Show me the incentive and I will show you the outcome.\nNetEase has a market capitalization of US$86b, so it's too big to fly under the radar. We'd expect to see both institutions and retail investors owning a portion of the company. In the chart below, we can see that institutional investors have bought into the company. We can zoom in on the different ownership groups, to learn more about NetEase.\nNasdaqGS:NTES Ownership Breakdown February 22nd 2021\nWhat Does The Institutional Ownership Tell Us About NetEase?\nInstitutional investors commonly compare their own returns to the returns of a commonly followed index. So they generally do consider buying larger companies that are included in the relevant benchmark index.\nWe can see that NetEase does have institutional investors; and they hold a good portion of the company's stock. This implies the analysts working for those institutions have looked at the stock and they like it. But just like anyone else, they could be wrong. It is not uncommon to see a big share price drop if two large institutional investors try to sell out of a stock at the same time. So it is worth checking the past earnings trajectory of NetEase, (below). Of course, keep in mind that there are other factors to consider, too.\nNasdaqGS:NTES Earnings and Revenue Growth February 22nd 2021\nWe note that hedge funds don't have a meaningful investment in NetEase. With a 42% stake, CEO Lei Ding is the largest shareholder. For context, the second largest shareholder holds about 3.6% of the shares outstanding, followed by an ownership of 3.2% by the third-largest shareholder.\nOn looking further, we found that 52% of the shares are owned by the top 4 shareholders. In other words, these shareholders have a meaningful say in the decisions of the company.\nWhile studying institutional ownership for a company can add value to your research, it is also a good practice to research analyst recommendations to get a deeper understand of a stock's expected performance. Quite a few analysts cover the stock, so you could look into forecast growth quite easily.\nInsider Ownership Of NetEase\nWhile the precise definition of an insider can be subjective, almost everyone considers board members to be insiders. The company management answer to the board and the latter should represent the interests of shareholders. Notably, sometimes top-level managers are on the board themselves.\nI generally consider insider ownership to be a good thing. However, on some occasions it makes it more difficult for other shareholders to hold the board accountable for decisions.\nOur most recent data indicates that insiders own a reasonable proportion of NetEase, Inc.. It has a market capitalization of just US$86b, and insiders have US$36b worth of shares in their own names. That's quite significant. Most would be pleased to see the board is investing alongside them. You may wish to access this free chart showing recent trading by insiders.\nGeneral Public Ownership\nThe general public holds a 17% stake in NetEase. This size of ownership, while considerable, may not be enough to change company policy if the decision is not in sync with other large shareholders.","news_type":1,"symbols_score_info":{"NTES":0.9,"09999":0.9}},"isVote":1,"tweetType":1,"viewCount":437,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":363731234,"gmtCreate":1614171510328,"gmtModify":1634550894657,"author":{"id":"3569281466243183","authorId":"3569281466243183","name":"xjxjxj","avatar":"https://static.tigerbbs.com/3fda36dbe534d19914e7107db005a4dc","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3569281466243183","authorIdStr":"3569281466243183"},"themes":[],"htmlText":"Nice v","listText":"Nice v","text":"Nice 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car!&nbsp;","listText":"Apple car!&nbsp;","text":"Apple car!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/361774344","repostId":"1165777611","repostType":4,"repost":{"id":"1165777611","kind":"news","pubTimestamp":1614247990,"share":"https://www.laohu8.com/m/news/1165777611?lang=zh_CN&edition=full","pubTime":"2021-02-25 18:13","market":"us","language":"en","title":"Wall Street Is Obsessed With an Apple Car. Why Tech Analysts Might Be Too Excited.<blockquote>华尔街痴迷于苹果汽车。为什么科技分析师可能过于兴奋。</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1165777611","media":"Barrons","summary":"Implications of Apple’s entry into the car business continues to generate muchspeculationand manyana","content":"<p>Implications of Apple’s entry into the car business continues to generate muchspeculationand manyanalyst reportsfrom various stockbrokerage firms. Piper Sandler weighed into the debate Wednesday, saying an Apple car makes perfect sense. Investors, however, should remember that producing an automobile is very, very different from making a smartphone.</p><p><blockquote>苹果进入汽车行业的影响继续引发许多猜测和来自各股票经纪公司的许多分析师报告。派珀·桑德勒(Piper Sandler)周三参与了辩论，称苹果汽车非常有意义。然而，投资者应该记住，生产汽车与制造智能手机非常非常不同。</blockquote></p><p> Piper tech analystHarsh Kumarsays the timing is right for an&nbsp;Apple&nbsp;(ticker: AAPL) car. “The company can enter the market at a time of peak technology disruption while avoiding the risk of forming the market,” wrote the analyst in a Wednesday research report. Electric vehicles are proliferating, and autonomous driving technology is advancing. Cars will drive and feel different in the future—an Apple car would likely be an all-electric vehicle with self-driving options.</p><p><blockquote>Piper tech分析师Harsh Kumar表示，苹果（股票代码：AAPL）汽车的时机恰到好处。该分析师在周三的研究报告中写道：“该公司可以在技术颠覆高峰期进入市场，同时避免形成市场的风险。”电动汽车激增，自动驾驶技术进步。未来汽车的驾驶和感觉将会有所不同——苹果汽车很可能是一款具有自动驾驶选项的全电动汽车。</blockquote></p><p> Apple has so far declined to comment about any car plans recently.</p><p><blockquote>迄今为止，苹果拒绝对最近的任何汽车计划发表评论。</blockquote></p><p> Kumar covers Apple and other technology stocks. His 23-page report dives deep into the auto business—for tech investors. Industry size and market segmentation between, say, luxury cars and economy sedans, covered in his report, are par for the course in auto research.</p><p><blockquote>Kumar涵盖了苹果和其他科技股。他长达23页的报告深入探讨了汽车行业——面向科技投资者。他的报告中涵盖的豪华汽车和经济型轿车之间的行业规模和市场细分在汽车研究中是正常的。</blockquote></p><p> He assumes Apple, down the road, will sell 100,000 cars in year one. That might be aggressive.NIO(NIO),Li Auto(LI), andXPeng(XPEV) are threeEV startupsthat have been in business for years. They managed to sell about 100,000 vehicles on a combined basis in 2020. Kumar thinks Apple can be delivering 1 million cars by 2030.</p><p><blockquote>他假设苹果未来第一年将售出10万辆汽车。这可能很激进。蔚来（蔚来）、理想汽车（LI）和小鹏汽车（XPEV）是三家已经经营多年的电动汽车初创公司。2020年，他们总共售出了约10万辆汽车。Kumar认为苹果到2030年可以交付100万辆汽车。</blockquote></p><p> For tech analysts at this point, the Apple car appears to be an exercise in fun with numbers. They are attracted to the huge market size: New car sales top $2.5 trillion annually. But auto analysts’ enthusiasm for an Apple vehicle is more tempered, and perhaps for good reason.</p><p><blockquote>对于目前的科技分析师来说，苹果汽车似乎是一次玩弄数字的练习。他们被巨大的市场规模所吸引：每年新车销售额超过2.5万亿美元。但汽车分析师对苹果汽车的热情更加温和，这或许是有充分理由的。</blockquote></p><p> One factor that might hamper Apple’s ambitions is that cars are, of course, significantly more expensive than phones, making the purchase decision very different. In addition, “the regulatory side of the auto business is brutal and takes years to get through,” Benchmark auto analystMike Wardtells<i>Barron’s</i>.</p><p><blockquote>可能阻碍苹果雄心的一个因素是，汽车当然比手机贵得多，这使得购买决定非常不同。此外，Benchmark汽车分析师迈克·沃德(Mike Wardt)表示，“汽车行业的监管非常残酷，需要数年时间才能通过”<i>巴伦周刊</i>.</blockquote></p><p> Ward says he isn’t hearing Apple buzz in the auto industry. It’s “pretty tough to keep that quiet in the auto industry—thousands of suppliers, [government] approvals, the size of the factory needed, etc.” He isn’t saying it can’t happen, but it is harder than many investors might expect.</p><p><blockquote>沃德表示，他没有听到汽车行业的苹果热议。“在汽车行业保持这种安静是相当困难的——数以千计的供应商、[政府]批准、所需工厂的规模等等。”他并不是说这不可能发生，但这比许多投资者预期的要困难。</blockquote></p><p> Morgan Stanley analystAdam Jonasalso covers cars mainly. He doesn’t appear certain an Apple car is on the way, but if one does show up, “don’t expect steering wheels.” That means full self-driving, which also means the Apple car is still years away.</p><p><blockquote>摩根士丹利分析师亚当·乔纳斯也主要研究汽车。他似乎不确定是否有一辆苹果汽车在路上，但如果确实出现，“不要指望方向盘。”这意味着完全自动驾驶，这也意味着苹果汽车还需要数年时间。</blockquote></p><p> He believes an Apple car can accelerate EV penetration. That could help existing auto makers with more progressive approaches to the EV market. But higher penetration isn’t a panacea for the car business. “At some point, today’s EV players must share the sandbox,” wrote the analyst in a recent report.</p><p><blockquote>他相信苹果汽车可以加速电动汽车的渗透。这可以帮助现有汽车制造商对电动汽车市场采取更先进的方法。但更高的渗透率并不是汽车行业的灵丹妙药。这位分析师在最近的一份报告中写道：“在某些时候，今天的电动汽车玩家必须共享沙盒。”</blockquote></p><p> That threat isn’t affecting his ratings on competitors yet. He rate Tesla stock Buy and callsGeneral Motors(GM) a top pick.</p><p><blockquote>这种威胁尚未影响他对竞争对手的评级。他将特斯拉股票评级为买入，并将通用汽车(GM)列为首选。</blockquote></p><p> J.P. Morgan‘s tech and car teams produced a joint report recently, and they don’t see an Apple car coming soon. They agreed if an Apple car is on the way, it will be delayed until full self-driving capability is more widely available.Robotaxi services, which can handle city driving, are planned in the next couple of years. But full self-driving capabilities are farther away—the cost of sensors needs to fall, and the software still needs to improve.</p><p><blockquote>摩根大通的技术和汽车团队最近发布了一份联合报告，他们认为苹果汽车不会很快推出。他们一致认为，如果苹果汽车即将上市，它将被推迟，直到全自动驾驶功能更广泛可用。可以处理城市驾驶的机器人出租车服务计划在未来几年内推出。但全自动驾驶能力还很遥远——传感器的成本需要下降，软件仍需改进。</blockquote></p><p> The firm’s U.S. auto analystRyan Brinkmanadded that a new competitor the size and strength of Apple is a negative for existing auto makers, but, like Ward, he hasn’t heard about any collaboration in the auto-supply base.</p><p><blockquote>该公司的美国汽车分析师扬·布林克曼补充说，像苹果这样规模和实力的新竞争对手对现有汽车制造商来说是负面的，但和沃德一样，他没有听说汽车供应基地有任何合作。</blockquote></p><p> Another thing J.P. Morgan agrees on is outsourced manufacturing, meaning that Apple isn’t likely to assemble its car. That creates an opportunity for some existing car marker to build more volume. What company would win, however, isanyone’s guess.</p><p><blockquote>摩根大通同意的另一件事是外包制造，这意味着苹果不太可能组装其汽车。这为一些现有的汽车标记创造了增加销量的机会。然而，谁也说不准哪家公司会赢。</blockquote></p><p> Wedbush analystDan Ives, who covers disruptive technology, which includes Apple and EV makerTesla(TSLA), is placing his bets onVolkswagen(VOW.Germany). “We assign a 85%-plus chance that Apple will announce an EV partnership/collaboration over the next 3 to 6 months,” wrote Ives in a recent report. “We continue to strongly believe that VW is a top candidate for an Apple EV partnership/JV given the company’s modular factory footprint as well as the keyQuantumScapeownership.”</p><p><blockquote>Wedbush分析师Dan Ives研究颠覆性技术，包括苹果和电动汽车制造商特斯拉(TSLA)，他将赌注押在大众汽车(VOW.Germany)上。Ives在最近的一份报告中写道：“我们认为苹果将在未来3到6个月内宣布电动汽车合作伙伴关系/合作的可能性超过85%。”“鉴于大众汽车的模块化工厂足迹以及KeyQuantumScape所有权，我们仍然坚信大众汽车是苹果电动汽车合作伙伴/合资企业的首选候选者。”</blockquote></p><p> QuantumScape&nbsp;(QS) is&nbsp;pioneering&nbsp;solid-state lithium anode batteries that promise to improve electric-vehicle range and safety, while lowering costs and charge time.</p><p><blockquote>QuantumScape(QS)是固态锂阳极电池的先驱，有望提高电动汽车的续航里程和安全性，同时降低成本和充电时间。</blockquote></p><p></p><p> Apple car hopes aren’t affecting investors much yet. Since new reports of a possible Apple car surfaced in December, GM and Tesla shares are up about 26% and 10%, respectively. TheS&amp;P 500andDow Jones Industrial Average,for comparison, are up about 5% and 4%, respectively. Apple shares are down about 6%.</p><p><blockquote>苹果汽车的希望尚未对投资者产生太大影响。自去年12月有关可能推出苹果汽车的新报道浮出水面以来，通用汽车和特斯拉的股价分别上涨了约26%和10%。相比之下，标准普尔500指数和道琼斯工业平均指数分别上涨约5%和4%。苹果股价下跌约6%。</blockquote></p><p> Investors, it appears, have other more pressing issues on their minds.</p><p><blockquote>投资者似乎还有其他更紧迫的问题。</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>Wall Street Is Obsessed With an Apple Car. Why Tech Analysts Might Be Too Excited.<blockquote>华尔街痴迷于苹果汽车。为什么科技分析师可能过于兴奋。</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 Is Obsessed With an Apple Car. Why Tech Analysts Might Be Too Excited.<blockquote>华尔街痴迷于苹果汽车。为什么科技分析师可能过于兴奋。</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Barrons</strong><span class=\"h-time small\">2021-02-25 18:13</span>\n</p>\n</h4>\n</header>\n<article>\n<p>Implications of Apple’s entry into the car business continues to generate muchspeculationand manyanalyst reportsfrom various stockbrokerage firms. Piper Sandler weighed into the debate Wednesday, saying an Apple car makes perfect sense. Investors, however, should remember that producing an automobile is very, very different from making a smartphone.</p><p><blockquote>苹果进入汽车行业的影响继续引发许多猜测和来自各股票经纪公司的许多分析师报告。派珀·桑德勒(Piper Sandler)周三参与了辩论，称苹果汽车非常有意义。然而，投资者应该记住，生产汽车与制造智能手机非常非常不同。</blockquote></p><p> Piper tech analystHarsh Kumarsays the timing is right for an&nbsp;Apple&nbsp;(ticker: AAPL) car. “The company can enter the market at a time of peak technology disruption while avoiding the risk of forming the market,” wrote the analyst in a Wednesday research report. Electric vehicles are proliferating, and autonomous driving technology is advancing. Cars will drive and feel different in the future—an Apple car would likely be an all-electric vehicle with self-driving options.</p><p><blockquote>Piper tech分析师Harsh Kumar表示，苹果（股票代码：AAPL）汽车的时机恰到好处。该分析师在周三的研究报告中写道：“该公司可以在技术颠覆高峰期进入市场，同时避免形成市场的风险。”电动汽车激增，自动驾驶技术进步。未来汽车的驾驶和感觉将会有所不同——苹果汽车很可能是一款具有自动驾驶选项的全电动汽车。</blockquote></p><p> Apple has so far declined to comment about any car plans recently.</p><p><blockquote>迄今为止，苹果拒绝对最近的任何汽车计划发表评论。</blockquote></p><p> Kumar covers Apple and other technology stocks. His 23-page report dives deep into the auto business—for tech investors. Industry size and market segmentation between, say, luxury cars and economy sedans, covered in his report, are par for the course in auto research.</p><p><blockquote>Kumar涵盖了苹果和其他科技股。他长达23页的报告深入探讨了汽车行业——面向科技投资者。他的报告中涵盖的豪华汽车和经济型轿车之间的行业规模和市场细分在汽车研究中是正常的。</blockquote></p><p> He assumes Apple, down the road, will sell 100,000 cars in year one. That might be aggressive.NIO(NIO),Li Auto(LI), andXPeng(XPEV) are threeEV startupsthat have been in business for years. They managed to sell about 100,000 vehicles on a combined basis in 2020. Kumar thinks Apple can be delivering 1 million cars by 2030.</p><p><blockquote>他假设苹果未来第一年将售出10万辆汽车。这可能很激进。蔚来（蔚来）、理想汽车（LI）和小鹏汽车（XPEV）是三家已经经营多年的电动汽车初创公司。2020年，他们总共售出了约10万辆汽车。Kumar认为苹果到2030年可以交付100万辆汽车。</blockquote></p><p> For tech analysts at this point, the Apple car appears to be an exercise in fun with numbers. They are attracted to the huge market size: New car sales top $2.5 trillion annually. But auto analysts’ enthusiasm for an Apple vehicle is more tempered, and perhaps for good reason.</p><p><blockquote>对于目前的科技分析师来说，苹果汽车似乎是一次玩弄数字的练习。他们被巨大的市场规模所吸引：每年新车销售额超过2.5万亿美元。但汽车分析师对苹果汽车的热情更加温和，这或许是有充分理由的。</blockquote></p><p> One factor that might hamper Apple’s ambitions is that cars are, of course, significantly more expensive than phones, making the purchase decision very different. In addition, “the regulatory side of the auto business is brutal and takes years to get through,” Benchmark auto analystMike Wardtells<i>Barron’s</i>.</p><p><blockquote>可能阻碍苹果雄心的一个因素是，汽车当然比手机贵得多，这使得购买决定非常不同。此外，Benchmark汽车分析师迈克·沃德(Mike Wardt)表示，“汽车行业的监管非常残酷，需要数年时间才能通过”<i>巴伦周刊</i>.</blockquote></p><p> Ward says he isn’t hearing Apple buzz in the auto industry. It’s “pretty tough to keep that quiet in the auto industry—thousands of suppliers, [government] approvals, the size of the factory needed, etc.” He isn’t saying it can’t happen, but it is harder than many investors might expect.</p><p><blockquote>沃德表示，他没有听到汽车行业的苹果热议。“在汽车行业保持这种安静是相当困难的——数以千计的供应商、[政府]批准、所需工厂的规模等等。”他并不是说这不可能发生，但这比许多投资者预期的要困难。</blockquote></p><p> Morgan Stanley analystAdam Jonasalso covers cars mainly. He doesn’t appear certain an Apple car is on the way, but if one does show up, “don’t expect steering wheels.” That means full self-driving, which also means the Apple car is still years away.</p><p><blockquote>摩根士丹利分析师亚当·乔纳斯也主要研究汽车。他似乎不确定是否有一辆苹果汽车在路上，但如果确实出现，“不要指望方向盘。”这意味着完全自动驾驶，这也意味着苹果汽车还需要数年时间。</blockquote></p><p> He believes an Apple car can accelerate EV penetration. That could help existing auto makers with more progressive approaches to the EV market. But higher penetration isn’t a panacea for the car business. “At some point, today’s EV players must share the sandbox,” wrote the analyst in a recent report.</p><p><blockquote>他相信苹果汽车可以加速电动汽车的渗透。这可以帮助现有汽车制造商对电动汽车市场采取更先进的方法。但更高的渗透率并不是汽车行业的灵丹妙药。这位分析师在最近的一份报告中写道：“在某些时候，今天的电动汽车玩家必须共享沙盒。”</blockquote></p><p> That threat isn’t affecting his ratings on competitors yet. He rate Tesla stock Buy and callsGeneral Motors(GM) a top pick.</p><p><blockquote>这种威胁尚未影响他对竞争对手的评级。他将特斯拉股票评级为买入，并将通用汽车(GM)列为首选。</blockquote></p><p> J.P. Morgan‘s tech and car teams produced a joint report recently, and they don’t see an Apple car coming soon. They agreed if an Apple car is on the way, it will be delayed until full self-driving capability is more widely available.Robotaxi services, which can handle city driving, are planned in the next couple of years. But full self-driving capabilities are farther away—the cost of sensors needs to fall, and the software still needs to improve.</p><p><blockquote>摩根大通的技术和汽车团队最近发布了一份联合报告，他们认为苹果汽车不会很快推出。他们一致认为，如果苹果汽车即将上市，它将被推迟，直到全自动驾驶功能更广泛可用。可以处理城市驾驶的机器人出租车服务计划在未来几年内推出。但全自动驾驶能力还很遥远——传感器的成本需要下降，软件仍需改进。</blockquote></p><p> The firm’s U.S. auto analystRyan Brinkmanadded that a new competitor the size and strength of Apple is a negative for existing auto makers, but, like Ward, he hasn’t heard about any collaboration in the auto-supply base.</p><p><blockquote>该公司的美国汽车分析师扬·布林克曼补充说，像苹果这样规模和实力的新竞争对手对现有汽车制造商来说是负面的，但和沃德一样，他没有听说汽车供应基地有任何合作。</blockquote></p><p> Another thing J.P. Morgan agrees on is outsourced manufacturing, meaning that Apple isn’t likely to assemble its car. That creates an opportunity for some existing car marker to build more volume. What company would win, however, isanyone’s guess.</p><p><blockquote>摩根大通同意的另一件事是外包制造，这意味着苹果不太可能组装其汽车。这为一些现有的汽车标记创造了增加销量的机会。然而，谁也说不准哪家公司会赢。</blockquote></p><p> Wedbush analystDan Ives, who covers disruptive technology, which includes Apple and EV makerTesla(TSLA), is placing his bets onVolkswagen(VOW.Germany). “We assign a 85%-plus chance that Apple will announce an EV partnership/collaboration over the next 3 to 6 months,” wrote Ives in a recent report. “We continue to strongly believe that VW is a top candidate for an Apple EV partnership/JV given the company’s modular factory footprint as well as the keyQuantumScapeownership.”</p><p><blockquote>Wedbush分析师Dan Ives研究颠覆性技术，包括苹果和电动汽车制造商特斯拉(TSLA)，他将赌注押在大众汽车(VOW.Germany)上。Ives在最近的一份报告中写道：“我们认为苹果将在未来3到6个月内宣布电动汽车合作伙伴关系/合作的可能性超过85%。”“鉴于大众汽车的模块化工厂足迹以及KeyQuantumScape所有权，我们仍然坚信大众汽车是苹果电动汽车合作伙伴/合资企业的首选候选者。”</blockquote></p><p> QuantumScape&nbsp;(QS) is&nbsp;pioneering&nbsp;solid-state lithium anode batteries that promise to improve electric-vehicle range and safety, while lowering costs and charge time.</p><p><blockquote>QuantumScape(QS)是固态锂阳极电池的先驱，有望提高电动汽车的续航里程和安全性，同时降低成本和充电时间。</blockquote></p><p></p><p> Apple car hopes aren’t affecting investors much yet. Since new reports of a possible Apple car surfaced in December, GM and Tesla shares are up about 26% and 10%, respectively. TheS&amp;P 500andDow Jones Industrial Average,for comparison, are up about 5% and 4%, respectively. Apple shares are down about 6%.</p><p><blockquote>苹果汽车的希望尚未对投资者产生太大影响。自去年12月有关可能推出苹果汽车的新报道浮出水面以来，通用汽车和特斯拉的股价分别上涨了约26%和10%。相比之下，标准普尔500指数和道琼斯工业平均指数分别上涨约5%和4%。苹果股价下跌约6%。</blockquote></p><p> Investors, it appears, have other more pressing issues on their minds.</p><p><blockquote>投资者似乎还有其他更紧迫的问题。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.barrons.com/articles/wall-street-apple-stock-ev-tech-car-51614187099?mod=RTA\">Barrons</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果"},"source_url":"https://www.barrons.com/articles/wall-street-apple-stock-ev-tech-car-51614187099?mod=RTA","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1165777611","content_text":"Implications of Apple’s entry into the car business continues to generate muchspeculationand manyanalyst reportsfrom various stockbrokerage firms. Piper Sandler weighed into the debate Wednesday, saying an Apple car makes perfect sense. Investors, however, should remember that producing an automobile is very, very different from making a smartphone.\nPiper tech analystHarsh Kumarsays the timing is right for an Apple (ticker: AAPL) car. “The company can enter the market at a time of peak technology disruption while avoiding the risk of forming the market,” wrote the analyst in a Wednesday research report. Electric vehicles are proliferating, and autonomous driving technology is advancing. Cars will drive and feel different in the future—an Apple car would likely be an all-electric vehicle with self-driving options.\nApple has so far declined to comment about any car plans recently.\nKumar covers Apple and other technology stocks. His 23-page report dives deep into the auto business—for tech investors. Industry size and market segmentation between, say, luxury cars and economy sedans, covered in his report, are par for the course in auto research.\nHe assumes Apple, down the road, will sell 100,000 cars in year one. That might be aggressive.NIO(NIO),Li Auto(LI), andXPeng(XPEV) are threeEV startupsthat have been in business for years. They managed to sell about 100,000 vehicles on a combined basis in 2020. Kumar thinks Apple can be delivering 1 million cars by 2030.\nFor tech analysts at this point, the Apple car appears to be an exercise in fun with numbers. They are attracted to the huge market size: New car sales top $2.5 trillion annually. But auto analysts’ enthusiasm for an Apple vehicle is more tempered, and perhaps for good reason.\nOne factor that might hamper Apple’s ambitions is that cars are, of course, significantly more expensive than phones, making the purchase decision very different. In addition, “the regulatory side of the auto business is brutal and takes years to get through,” Benchmark auto analystMike WardtellsBarron’s.\nWard says he isn’t hearing Apple buzz in the auto industry. It’s “pretty tough to keep that quiet in the auto industry—thousands of suppliers, [government] approvals, the size of the factory needed, etc.” He isn’t saying it can’t happen, but it is harder than many investors might expect.\nMorgan Stanley analystAdam Jonasalso covers cars mainly. He doesn’t appear certain an Apple car is on the way, but if one does show up, “don’t expect steering wheels.” That means full self-driving, which also means the Apple car is still years away.\nHe believes an Apple car can accelerate EV penetration. That could help existing auto makers with more progressive approaches to the EV market. But higher penetration isn’t a panacea for the car business. “At some point, today’s EV players must share the sandbox,” wrote the analyst in a recent report.\nThat threat isn’t affecting his ratings on competitors yet. He rate Tesla stock Buy and callsGeneral Motors(GM) a top pick.\nJ.P. Morgan‘s tech and car teams produced a joint report recently, and they don’t see an Apple car coming soon. They agreed if an Apple car is on the way, it will be delayed until full self-driving capability is more widely available.Robotaxi services, which can handle city driving, are planned in the next couple of years. But full self-driving capabilities are farther away—the cost of sensors needs to fall, and the software still needs to improve.\nThe firm’s U.S. auto analystRyan Brinkmanadded that a new competitor the size and strength of Apple is a negative for existing auto makers, but, like Ward, he hasn’t heard about any collaboration in the auto-supply base.\nAnother thing J.P. Morgan agrees on is outsourced manufacturing, meaning that Apple isn’t likely to assemble its car. That creates an opportunity for some existing car marker to build more volume. What company would win, however, isanyone’s guess.\nWedbush analystDan Ives, who covers disruptive technology, which includes Apple and EV makerTesla(TSLA), is placing his bets onVolkswagen(VOW.Germany). “We assign a 85%-plus chance that Apple will announce an EV partnership/collaboration over the next 3 to 6 months,” wrote Ives in a recent report. “We continue to strongly believe that VW is a top candidate for an Apple EV partnership/JV given the company’s modular factory footprint as well as the keyQuantumScapeownership.”\nQuantumScape (QS) is pioneering solid-state lithium anode batteries that promise to improve electric-vehicle range and safety, while lowering costs and charge time.\nApple car hopes aren’t affecting investors much yet. Since new reports of a possible Apple car surfaced in December, GM and Tesla shares are up about 26% and 10%, respectively. TheS&P 500andDow Jones Industrial Average,for comparison, are up about 5% and 4%, respectively. Apple shares are down about 6%.\nInvestors, it appears, have other more pressing issues on their minds.","news_type":1,"symbols_score_info":{"AAPL":0.9}},"isVote":1,"tweetType":1,"viewCount":487,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":387824899,"gmtCreate":1613738917311,"gmtModify":1631883806025,"author":{"id":"3569281466243183","authorId":"3569281466243183","name":"xjxjxj","avatar":"https://static.tigerbbs.com/3fda36dbe534d19914e7107db005a4dc","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3569281466243183","idStr":"3569281466243183"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/U\">$Unity Software Inc.(U)$</a>&nbsp;FLY PLS&nbsp;","listText":"<a href=\"https://laohu8.com/S/U\">$Unity Software Inc.(U)$</a>&nbsp;FLY PLS&nbsp;","text":"$Unity Software Inc.(U)$ FLY PLS","images":[{"img":"https://static.tigerbbs.com/b11766311af5f7ca9ee26eb91bf5e2db","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/387824899","isVote":1,"tweetType":1,"viewCount":437,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":384110083,"gmtCreate":1613624197642,"gmtModify":1634552892249,"author":{"id":"3569281466243183","authorId":"3569281466243183","name":"xjxjxj","avatar":"https://static.tigerbbs.com/3fda36dbe534d19914e7107db005a4dc","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3569281466243183","idStr":"3569281466243183"},"themes":[],"htmlText":"Swee","listText":"Swee","text":"Swee","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/384110083","repostId":"1107316077","repostType":4,"isVote":1,"tweetType":1,"viewCount":161,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":384134977,"gmtCreate":1613624027999,"gmtModify":1634552893295,"author":{"id":"3569281466243183","authorId":"3569281466243183","name":"xjxjxj","avatar":"https://static.tigerbbs.com/3fda36dbe534d19914e7107db005a4dc","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3569281466243183","idStr":"3569281466243183"},"themes":[],"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/384134977","repostId":"1171074253","repostType":4,"repost":{"id":"1171074253","kind":"news","pubTimestamp":1613619873,"share":"https://www.laohu8.com/m/news/1171074253?lang=zh_CN&edition=full","pubTime":"2021-02-18 11:44","market":"us","language":"en","title":"Stocks To Watch: Square Among 7 Stocks Expecting Up To 128% Growth In 2021<blockquote>值得关注的股票：Square跻身预计2021年增长高达128%的7只股票之列</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1171074253","media":"Investors","summary":"With 2020 behind us, here's a look at the fastest-growing stocks to watch in 2021. Led byDaqo New En","content":"<p>With 2020 behind us, here's a look at the fastest-growing stocks to watch in 2021. Led by<b>Daqo New Energy</b>(DQ), this list of seven stocks also features<b>Square</b>(SQ),<b>DocuSign</b>(DOCU),<b>Futu</b>(FUTU) and<b>Micron&nbsp;Technology</b>(MU).</p><p><blockquote>随着2020年的过去，以下是2021年值得关注的增长最快的股票。由<b>大全新能源</b>(DQ)，这份七只股票的名单还具有<b>平方</b>（平方），<b>DocuSign</b>（文档），<b>富途</b>（富途）及<b>美光科技</b>（亩）。</blockquote></p><p><b>ACM Research</b>(ACMR) also makes the cut. Note that ACMR joins FUTU stock and DOCU stock among the bestIPO stocks to watch. Each company went public in 2017 to 2019.</p><p><blockquote><b>ACM研究</b>(ACMR)也晋级。请注意，ACMR与FUTU股票和DOCU股票一起成为值得关注的最佳股票。每家公司均于2017年至2019年上市。</blockquote></p><p>Conspicuously missing is<b>GrowGeneration</b>(GRWG). While estimates for 2021 call for 163% EPS growth, GRWG stock falls short in terms of its current EPS Rating. The distributor of organic nutrients, soils and equipment to commercial and home growers has a 74 EPS Rating, just shy of the 80 minimum the screen requires.</p><p><blockquote>明显缺失的是<b>成长一代</b>（GRWG）。虽然预计2021年看涨期权每股收益将增长163%，但GRWG股票目前的每股收益评级仍低于预期。这家向商业和家庭种植者销售有机养分、土壤和设备的经销商的EPS评级为74，略低于屏幕要求的最低80。</blockquote></p><p>While it doesn't earn a spot on the list, GRWG stock is certainly among today's fastest-growing stocks, along with fellow IPO stocks ACMR, FUTU and DOCU stock.</p><p><blockquote>虽然GRWG股票没有在名单上占有一席之地，但它无疑是当今增长最快的股票之一，与其他IPO股票ACMR、FUTU和DOCU股票一起。</blockquote></p><p>Shining as <a href=\"https://laohu8.com/S/AONE.U\">one</a> of the bestsolar energy stocks to watch, Daqo New Energy broke out on Dec. 15. Since then, Daqo stock has remained in the spotlight as it continues to hit new highs.</p><p><blockquote>闪耀作为<a href=\"https://laohu8.com/S/AONE.U\">一</a>在最值得关注的太阳能股中，大全新能源于12月15日爆发。此后，大全股票一直处于聚光灯下，不断创下新高。</blockquote></p><p>Square stock is also hitting new highs as it and fellow payments processor<b><a href=\"https://laohu8.com/S/PYPL\">PayPal</a></b>(PYPL) get aBitcoin bounce.</p><p><blockquote>Square的股价也创下新高，因为它和其他支付处理商<b><a href=\"https://laohu8.com/S/PYPL\">PayPal</a></b>(PYPL)获得比特币反弹。</blockquote></p><p><b>Fastest-Growing Stocks To Watch In 2021</b></p><p><blockquote><b>2021年值得关注的增长最快股票</b></blockquote></p><p>One of thekey traits of winning stocksis strong earnings growth. Thisstock screenhighlights companies expecting at least 50% EPS growth in 2021.</p><p><blockquote>获胜股票的关键特征之一是强劲的盈利增长。该股票屏幕重点介绍了预计2021年每股收益至少增长50%的公司。</blockquote></p><p>Equally important, to show both fundamental and technical strength, each stock must have a 95 or higherComposite Ratingto make this list. They must also have anEPS Rating and RS Ratingnorth of 80, which is why GrowGeneration missed the latest cut. Finally, to avoid thinly traded penny stocks, they must also have a share price above $12 and trade at least 200,000 shares a day on average.</p><p><blockquote>同样重要的是，为了显示基本面和技术实力，每只股票的综合评级必须达到95或更高才能上榜。他们还必须拥有80以上的anEPS评级和RS评级，这就是GrowGeneration错过最新下调的原因。最后，为了避免细价股交易清淡，它们的股价还必须高于12美元，并且平均每天交易至少20万股。</blockquote></p><p><b>3 Key Rules For How To Buy Stocks</b></p><p><blockquote><b>如何购买股票的3个关键规则</b></blockquote></p><p>Keep in mind that earnings growth is just <a href=\"https://laohu8.com/S/AONE\">one</a> factor to track when looking for thebest stocks to buy and watch. In addition, make sure to follow these three key rules forhow to buy stocks.</p><p><blockquote>请记住，盈利增长只是<a href=\"https://laohu8.com/S/AONE\">一</a>寻找最值得购买和关注的股票时需要跟踪的因素。此外，请务必遵循如何购买股票的这三个关键规则。</blockquote></p><p>As DOCU, DQ, FUTU, Square stock and others show, Wall Street looks to the future for these stocks to watch, not the past.</p><p><blockquote>正如DOCU、DQ、富途、Square stock和其他股票所显示的那样，华尔街着眼于这些股票的未来，而不是过去。</blockquote></p><p>Despite weak earnings growth in earlier quarters from companies like Square and ACM Research, their share prices had been rebounding ahead of improved results.</p><p><blockquote>尽管Square和ACM Research等公司前几个季度的盈利增长疲软，但在业绩改善之前，它们的股价一直在反弹。</blockquote></p><p>While there are no guarantees in the stock market, the strong earnings estimates for the new year point to better times down the road.</p><p><blockquote>尽管股市没有任何保证，但对新一年强劲的盈利预期预示着未来会有更好的时期。</blockquote></p><p><img src=\"https://static.tigerbbs.com/c8a96f489ece526fe8e051949f2cca1f\" tg-width=\"808\" tg-height=\"397\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p></p>","source":"lsy1610449120050","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Stocks To Watch: Square Among 7 Stocks Expecting Up To 128% Growth In 2021<blockquote>值得关注的股票：Square跻身预计2021年增长高达128%的7只股票之列</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\">\nStocks To Watch: Square Among 7 Stocks Expecting Up To 128% Growth In 2021<blockquote>值得关注的股票：Square跻身预计2021年增长高达128%的7只股票之列</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Investors</strong><span class=\"h-time small\">2021-02-18 11:44</span>\n</p>\n</h4>\n</header>\n<article>\n<p>With 2020 behind us, here's a look at the fastest-growing stocks to watch in 2021. Led by<b>Daqo New Energy</b>(DQ), this list of seven stocks also features<b>Square</b>(SQ),<b>DocuSign</b>(DOCU),<b>Futu</b>(FUTU) and<b>Micron&nbsp;Technology</b>(MU).</p><p><blockquote>随着2020年的过去，以下是2021年值得关注的增长最快的股票。由<b>大全新能源</b>(DQ)，这份七只股票的名单还具有<b>平方</b>（平方），<b>DocuSign</b>（文档），<b>富途</b>（富途）及<b>美光科技</b>（亩）。</blockquote></p><p><b>ACM Research</b>(ACMR) also makes the cut. Note that ACMR joins FUTU stock and DOCU stock among the bestIPO stocks to watch. Each company went public in 2017 to 2019.</p><p><blockquote><b>ACM研究</b>(ACMR)也晋级。请注意，ACMR与FUTU股票和DOCU股票一起成为值得关注的最佳股票。每家公司均于2017年至2019年上市。</blockquote></p><p>Conspicuously missing is<b>GrowGeneration</b>(GRWG). While estimates for 2021 call for 163% EPS growth, GRWG stock falls short in terms of its current EPS Rating. The distributor of organic nutrients, soils and equipment to commercial and home growers has a 74 EPS Rating, just shy of the 80 minimum the screen requires.</p><p><blockquote>明显缺失的是<b>成长一代</b>（GRWG）。虽然预计2021年看涨期权每股收益将增长163%，但GRWG股票目前的每股收益评级仍低于预期。这家向商业和家庭种植者销售有机养分、土壤和设备的经销商的EPS评级为74，略低于屏幕要求的最低80。</blockquote></p><p>While it doesn't earn a spot on the list, GRWG stock is certainly among today's fastest-growing stocks, along with fellow IPO stocks ACMR, FUTU and DOCU stock.</p><p><blockquote>虽然GRWG股票没有在名单上占有一席之地，但它无疑是当今增长最快的股票之一，与其他IPO股票ACMR、FUTU和DOCU股票一起。</blockquote></p><p>Shining as <a href=\"https://laohu8.com/S/AONE.U\">one</a> of the bestsolar energy stocks to watch, Daqo New Energy broke out on Dec. 15. Since then, Daqo stock has remained in the spotlight as it continues to hit new highs.</p><p><blockquote>闪耀作为<a href=\"https://laohu8.com/S/AONE.U\">一</a>在最值得关注的太阳能股中，大全新能源于12月15日爆发。此后，大全股票一直处于聚光灯下，不断创下新高。</blockquote></p><p>Square stock is also hitting new highs as it and fellow payments processor<b><a href=\"https://laohu8.com/S/PYPL\">PayPal</a></b>(PYPL) get aBitcoin bounce.</p><p><blockquote>Square的股价也创下新高，因为它和其他支付处理商<b><a href=\"https://laohu8.com/S/PYPL\">PayPal</a></b>(PYPL)获得比特币反弹。</blockquote></p><p><b>Fastest-Growing Stocks To Watch In 2021</b></p><p><blockquote><b>2021年值得关注的增长最快股票</b></blockquote></p><p>One of thekey traits of winning stocksis strong earnings growth. Thisstock screenhighlights companies expecting at least 50% EPS growth in 2021.</p><p><blockquote>获胜股票的关键特征之一是强劲的盈利增长。该股票屏幕重点介绍了预计2021年每股收益至少增长50%的公司。</blockquote></p><p>Equally important, to show both fundamental and technical strength, each stock must have a 95 or higherComposite Ratingto make this list. They must also have anEPS Rating and RS Ratingnorth of 80, which is why GrowGeneration missed the latest cut. Finally, to avoid thinly traded penny stocks, they must also have a share price above $12 and trade at least 200,000 shares a day on average.</p><p><blockquote>同样重要的是，为了显示基本面和技术实力，每只股票的综合评级必须达到95或更高才能上榜。他们还必须拥有80以上的anEPS评级和RS评级，这就是GrowGeneration错过最新下调的原因。最后，为了避免细价股交易清淡，它们的股价还必须高于12美元，并且平均每天交易至少20万股。</blockquote></p><p><b>3 Key Rules For How To Buy Stocks</b></p><p><blockquote><b>如何购买股票的3个关键规则</b></blockquote></p><p>Keep in mind that earnings growth is just <a href=\"https://laohu8.com/S/AONE\">one</a> factor to track when looking for thebest stocks to buy and watch. In addition, make sure to follow these three key rules forhow to buy stocks.</p><p><blockquote>请记住，盈利增长只是<a href=\"https://laohu8.com/S/AONE\">一</a>寻找最值得购买和关注的股票时需要跟踪的因素。此外，请务必遵循如何购买股票的这三个关键规则。</blockquote></p><p>As DOCU, DQ, FUTU, Square stock and others show, Wall Street looks to the future for these stocks to watch, not the past.</p><p><blockquote>正如DOCU、DQ、富途、Square stock和其他股票所显示的那样，华尔街着眼于这些股票的未来，而不是过去。</blockquote></p><p>Despite weak earnings growth in earlier quarters from companies like Square and ACM Research, their share prices had been rebounding ahead of improved results.</p><p><blockquote>尽管Square和ACM Research等公司前几个季度的盈利增长疲软，但在业绩改善之前，它们的股价一直在反弹。</blockquote></p><p>While there are no guarantees in the stock market, the strong earnings estimates for the new year point to better times down the road.</p><p><blockquote>尽管股市没有任何保证，但对新一年强劲的盈利预期预示着未来会有更好的时期。</blockquote></p><p><img src=\"https://static.tigerbbs.com/c8a96f489ece526fe8e051949f2cca1f\" tg-width=\"808\" tg-height=\"397\" 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.investors.com/research/fastest-growing-stocks-to-watch-2021/?src=A00220\">Investors</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.investors.com/research/fastest-growing-stocks-to-watch-2021/?src=A00220","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1171074253","content_text":"With 2020 behind us, here's a look at the fastest-growing stocks to watch in 2021. Led byDaqo New Energy(DQ), this list of seven stocks also featuresSquare(SQ),DocuSign(DOCU),Futu(FUTU) andMicron Technology(MU).ACM Research(ACMR) also makes the cut. Note that ACMR joins FUTU stock and DOCU stock among the bestIPO stocks to watch. Each company went public in 2017 to 2019.Conspicuously missing isGrowGeneration(GRWG). While estimates for 2021 call for 163% EPS growth, GRWG stock falls short in terms of its current EPS Rating. The distributor of organic nutrients, soils and equipment to commercial and home growers has a 74 EPS Rating, just shy of the 80 minimum the screen requires.While it doesn't earn a spot on the list, GRWG stock is certainly among today's fastest-growing stocks, along with fellow IPO stocks ACMR, FUTU and DOCU stock.Shining as one of the bestsolar energy stocks to watch, Daqo New Energy broke out on Dec. 15. Since then, Daqo stock has remained in the spotlight as it continues to hit new highs.Square stock is also hitting new highs as it and fellow payments processorPayPal(PYPL) get aBitcoin bounce.Fastest-Growing Stocks To Watch In 2021One of thekey traits of winning stocksis strong earnings growth. Thisstock screenhighlights companies expecting at least 50% EPS growth in 2021.Equally important, to show both fundamental and technical strength, each stock must have a 95 or higherComposite Ratingto make this list. They must also have anEPS Rating and RS Ratingnorth of 80, which is why GrowGeneration missed the latest cut. Finally, to avoid thinly traded penny stocks, they must also have a share price above $12 and trade at least 200,000 shares a day on average.3 Key Rules For How To Buy StocksKeep in mind that earnings growth is just one factor to track when looking for thebest stocks to buy and watch. In addition, make sure to follow these three key rules forhow to buy stocks.As DOCU, DQ, FUTU, Square stock and others show, Wall Street looks to the future for these stocks to watch, not the past.Despite weak earnings growth in earlier quarters from companies like Square and ACM Research, their share prices had been rebounding ahead of improved results.While there are no guarantees in the stock market, the strong earnings estimates for the new year point to better times down the road.","news_type":1,"symbols_score_info":{"SQ":0.9}},"isVote":1,"tweetType":1,"viewCount":327,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":368000922,"gmtCreate":1614264667466,"gmtModify":1634550393532,"author":{"id":"3569281466243183","authorId":"3569281466243183","name":"xjxjxj","avatar":"https://static.tigerbbs.com/3fda36dbe534d19914e7107db005a4dc","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3569281466243183","idStr":"3569281466243183"},"themes":[],"htmlText":"Gme gg","listText":"Gme gg","text":"Gme gg","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/368000922","repostId":"1136762256","repostType":4,"repost":{"id":"1136762256","kind":"news","pubTimestamp":1614246762,"share":"https://www.laohu8.com/m/news/1136762256?lang=zh_CN&edition=full","pubTime":"2021-02-25 17:52","market":"us","language":"en","title":"7 smarter ways to play the boom in videogames and esports than buying GameStop<blockquote>比购买游戏驿站更聪明的7种方式来应对视频游戏和电子竞技的热潮</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1136762256","media":"MarketWatch","summary":"Look beyond Activision Blizzard and Nvidia\nGameStop grabbed headlines based on the notion that the “","content":"<p>Look beyond Activision Blizzard and Nvidia</p><p><blockquote>超越动视暴雪和英伟达</blockquote></p><p> GameStop grabbed headlines based on the notion that the “smart money” simply didn’t understand this stock. But for investors looking for a less volatile play on the gaming megatrens, here are seven options that may fit better in most portfolios.</p><p><blockquote>游戏驿站之所以成为头条新闻，是因为“聪明的钱”根本不了解这只股票。但对于寻求波动性较小的博彩巨头的投资者来说，这里有七个可能更适合大多数投资组合的选择。</blockquote></p><p> Research firm NPD has shown that three out of four Americans, or&nbsp;roughly 244 million of us, play videogames for an average of 14 hours a week. And thanks to a lack of entertainment options outside the home in 2020, gaming sales worldwide surged 20% to a staggering&nbsp;$180 billion.</p><p><blockquote>研究公司NPD显示，四分之三的美国人，即大约2.44亿人，平均每周玩电子游戏14小时。由于2020年缺乏户外娱乐选择，全球游戏销售额飙升20%，达到惊人的1800亿美元。</blockquote></p><p> In fact, gaming is so popular and lucrative that professional esports now has an audience of about 500 million people worldwide — with a 70% increase in the number of viewers in the U.S. last year because of the pandemic and the lack of traditional spectator sports options. And as with so many other tech trends, these recent converts are likely to stick and continue powering the esports business. Here’s one way to put it in context: esports are expected to have almost&nbsp;800 million&nbsp;viewers by 2024 – nearly as many as about 825 million or so fans of professional basketball worldwide today.</p><p><blockquote>事实上，游戏如此受欢迎且利润丰厚，以至于职业电子竞技现在在全球拥有约5亿观众——由于疫情和缺乏传统的观赏性体育选择，去年美国的观众人数增加了70%。与许多其他技术趋势一样，这些最近的皈依者可能会坚持并继续推动电子竞技业务。这里有一种联系方式：预计到2024年，电子竞技将拥有近8亿观众——几乎相当于当今全球约8.25亿职业篮球迷。</blockquote></p><p> Some of the biggest publicly traded videogame stocks are already old news. Over the last 10 years, gaming powerhouse Activision Blizzard&nbsp;has surged about 800% compared with about 200% for the S&amp;P 500 index&nbsp;in the same period, growing to almost $80 billion in market value. And of course there has been the frenzy over GameStock&nbsp;that led toa congressional hearing.</p><p><blockquote>一些最大的公开交易视频游戏股票已经是旧闻了。过去10年，游戏巨头动视暴雪的市值飙升了约800%，而同期标普500指数的市值则上涨了约200%，增长至近800亿美元。当然，对GameStock的狂热导致了国会听证会。</blockquote></p><p> But there are a host of up-and-coming companies looking to level up amid continued growth for the industry. If you’re looking to play the gaming and esports craze, here are some options worth a look:</p><p><blockquote>但在该行业的持续增长中，有许多崭露头角的公司希望提高水平。如果您想玩游戏和电子竞技热潮，这里有一些值得一看的选项：</blockquote></p><p> <b>Nintendo</b></p><p><blockquote><b>任天堂</b></blockquote></p><p> Nintendo&nbsp;is an icon of the videogame industry. But just five years ago there was talk of “Nintendo’s Sad Struggle for Survival” amid waning popularity and weakening finances.</p><p><blockquote>任天堂是视频游戏行业的标志。但就在五年前，人们还在谈论“任天堂在人气下降和财务疲软的情况下为生存而进行的悲伤斗争”。</blockquote></p><p> The house of Mario has come back big time, thanks to its innovative Switch console that successfully bridged console and mobile gaming markets. Nintendo’s eShop is now bursting with “casual” games like the smash hit “Among Us,” which was originally built for mobile phones and boasted&nbsp;half a billion players&nbsp;in November. While there are big margins on $70 games or high-end hardware, Nintendo has built both its user base and its software offerings around low-cost diversions that collectively add up to serious revenue.</p><p><blockquote>马里奥之家已经卷土重来，这要归功于其创新的Switch游戏机，它成功地连接了游戏机和移动游戏市场。任天堂的eShop现在充斥着“休闲”游戏，比如红极一时的《我们中间》，这款游戏最初是为手机打造的，在11月份拥有5亿玩家。虽然70美元的游戏或高端硬件利润丰厚，但任天堂围绕低成本娱乐建立了用户群和软件产品，这些产品共同带来了可观的收入。</blockquote></p><p> At the same time, a strange convergence of circumstances have created big tailwinds for Nintendo’s high-end titles. Since its prior console — the Wii U — was a bit of a flop, Nintendo was able to reissue many native games with big price tags during the Switch’s early years. Now the company has planned releases in both its Zelda and Metroid franchises along with a potential upgrade to the Switch itself to drive high-margin hardware sales.</p><p><blockquote>与此同时，一系列奇怪的情况为任天堂的高端游戏创造了巨大的推动力。由于其之前的游戏机Wii U有点失败，任天堂能够在Switch的早期以高价重新发行许多原生游戏。现在，该公司已经计划发布塞尔达和银河战士系列，并可能升级交换机本身，以推动高利润的硬件销售。</blockquote></p><p> Thanks to these facts and a big pandemic boost, Nintendo stock has doubled from its early 2019 levels and is now trading at its highest levels since 2007. And if the&nbsp;2021 release schedule&nbsp;lives up to the hype, we could see new all-time highs as this Japanese gaming powerhouse continues its return to dominance in the industry.</p><p><blockquote>由于这些事实和疫情的大力推动，任天堂股价较2019年初的水平翻了一番，目前交易价格处于2007年以来的最高水平。如果2021年的发布时间表不负众望，随着这家日本游戏巨头继续重返行业主导地位，我们可能会看到新的历史高点。</blockquote></p><p> <b>Corsair</b></p><p><blockquote><b>海盗船</b></blockquote></p><p> If Nintendo has cashed in by connecting with more casual gamers, then Corsair Gaming&nbsp;shows how to cater to very serious PC gamers. This roughly $4 billion company is a top supplier of gaming-related parts from CPUs to peripherals like headsets and keyboards to specialty components for streaming gameplay on the internet. The streaming business line is particularly interesting, both via competitive esports play as well as commercial gamers looking to win viewers on platforms like Twitch and YouTube.</p><p><blockquote>如果任天堂通过与更多休闲游戏玩家联系而获利，那么海盗船游戏展示了如何迎合非常严肃的PC游戏玩家。这家价值约40亿美元的公司是游戏相关部件的顶级供应商，从CPU到耳机和键盘等外围设备，再到互联网上流媒体游戏的专用组件。流媒体业务线特别有趣，既有竞技电子竞技游戏，也有希望在Twitch和YouTube等平台上赢得观众的商业游戏玩家。</blockquote></p><p> The company completed its initial public offering in September and is soundly profitable. It’s also growing impressively, with its&nbsp;fourth-quarter earnings report&nbsp;in February showing a staggering 70% revenue growth and 118% profit growth year-over-year. Management has said this is thanks to expansion in all categories, too, and not just one item that’s hot at the moment.</p><p><blockquote>该公司于9月份完成了首次公开募股，利润丰厚。该公司的增长也令人印象深刻，2月份的第四季度收益报告显示，收入同比增长70%，利润同比增长118%。管理层表示，这也得益于所有类别的扩张，而不仅仅是目前热门的一个项目。</blockquote></p><p> We’ve seen the power of high-end hardware stocks before with companies like the Nvidia,which is up fourfold from the end of 2018 thanks in part to its best-in-class graphics cards and now worth $370 billion. But what makes Corsair so great is that it’s not a competitor to Nvidia; in fact, when folks look to build a new gaming rig to incorporate components like the Nvidia GeForce 4k graphics card that was recently released, they are likely to upgrade everything else, too.</p><p><blockquote>我们之前已经在Nvidia等公司身上看到了高端硬件股票的力量，该股较2018年底上涨了四倍，部分归功于其一流的显卡，目前价值3700亿美元。但Corsair如此伟大的原因在于它不是Nvidia的竞争对手；事实上，当人们希望构建一个新的游戏装备来整合最近发布的Nvidia GeForce 4k显卡等组件时，他们也可能会升级其他一切。</blockquote></p><p> That could allow Corsair to piggyback this trend in the short term and continue to build on its track record of success.</p><p><blockquote>这可能会让海盗船在短期内顺应这一趋势，并继续巩固其成功记录。</blockquote></p><p> <b>Sea</b></p><p><blockquote><b>海</b></blockquote></p><p></p><p> Singapore-based Sea&nbsp;isn’t well known in the West, but that may change quickly given its 2020 stock performance. Over the last 12 months, the stock has surged roughly 420% thanks to amazing growth and big tailwinds behind its unique technology business.</p><p><blockquote>总部位于新加坡的Sea在西方并不出名，但考虑到其2020年的股票表现，这种情况可能会很快改变。在过去12个月里，由于其独特的技术业务背后的惊人增长和巨大推动力，该股飙升了约420%。</blockquote></p><p> That business involves a dominant gaming catalog offered under Sea’s&nbsp;Garena&nbsp;brand, led by multiplayer online battle arena&nbsp;(MOBA)&nbsp;games like League of Legends. Not only are the games themselves popular, but related MOBA esports broadcasts are big business, too. Consider that the 2020 League of Legends championship tallied&nbsp;139 million total hours&nbsp;of viewership with peak viewership of 3.8 million people watching at once.</p><p><blockquote>该业务涉及Sea Garena品牌下提供的主导游戏目录，以《英雄联盟》等多人在线战斗竞技场(MOBA)游戏为首。不仅游戏本身很受欢迎，相关的MOBA电子竞技转播也是一项大生意。考虑到2020年英雄联盟锦标赛的总收视率为1.39亿小时，峰值收视率为380万人同时观看。</blockquote></p><p> While League of Legends is admittedly one of the more mature franchises in Sea’s arsenal, the company certainly isn’t a one-trick pony. Its mobile-friendly MOBA title Free Fire was the most-downloaded game in the Google Play store in 2019 and just hit&nbsp;80 million&nbsp;daily users at the end of last year.</p><p><blockquote>虽然《英雄联盟》无可否认是Sea武器库中较成熟的系列之一，但该公司肯定不是一匹只会一招的小马。其手机友好型MOBA游戏《Free Fire》是2019年谷歌Play商店下载量最大的游戏，去年年底日用户数刚刚达到8000万。</blockquote></p><p> And it doesn’t stop with just these games. This unique tech stock has divisions that focus on live streaming and social features for gamers, such as user chat and online forums, and a mobile-centric e-commerce marketplace to help with seller services like shipping and logistics.</p><p><blockquote>它不仅仅止于这些游戏。这只独特的科技股拥有专注于游戏玩家直播和社交功能（例如用户聊天和在线论坛）的部门，以及一个以移动为中心的电子商务市场，以帮助提供运输和物流等卖家服务。</blockquote></p><p> That adds up to a company that is uniquely positioned to capitalize on many parts of the gaming ecosystem, making Sea a very attractive option for those looking to tap into the full potential of this lucrative industry.</p><p><blockquote>这使得这家公司在利用游戏生态系统的许多部分方面具有独特的优势，这使得Sea对于那些希望挖掘这个利润丰厚的行业的全部潜力的人来说成为一个非常有吸引力的选择。</blockquote></p><p> <b>Immersion</b></p><p><blockquote><b>浸入</b></blockquote></p><p> The smallest and most aggressive play on this list is Immersion,a $350 million stock that is involved with “haptics.” This is the fancy technical term for motion and touch controls that use real-world feedback to allow users to interact with a computer or game console.</p><p><blockquote>这份名单上规模最小、最激进的公司是Immersion，这是一只价值3.5亿美元的股票，涉及“触觉”。这是运动和触摸控制的花哨技术术语，使用真实世界的反馈来允许用户与计算机或游戏控制台进行交互。</blockquote></p><p> The stock has surged about 50% in the last year in part because of a lucrative deal with Sony&nbsp;to produce components for its DualSense controllers that ship with the PlayStation 5. But the company’s long-term potential is bigger than one console, as the Nintendo witch and Xbox from Microsoft&nbsp;also use motion controls. Furthermore, there’s tremendous potential in the nascent VR market, too.</p><p><blockquote>该股去年飙升了约50%，部分原因是与索尼达成了一项利润丰厚的协议，为PlayStation 5附带的DualSense控制器生产组件。但该公司的长期潜力不仅仅是一款游戏机，因为微软的任天堂女巫和Xbox也使用运动控制。此外，新兴的虚拟现实市场也有巨大的潜力。</blockquote></p><p> There’s risk here, of course, since haptics technology has become standard fare for gamers only fairly recently and tons of companies are researching new solutions and forging relationships with the bigger names in the space.</p><p><blockquote>当然，这里存在风险，因为触觉技术直到最近才成为游戏玩家的标准配置，大量公司正在研究新的解决方案，并与该领域的大公司建立关系。</blockquote></p><p> Immersion is certainly not alone in this gold rush, but its track record is impressive. Thanks in part to its relationship with Sony, the stock swung from a modest loss to significant profits in 2020 — and based on FY2021 forecasts, earnings per share are set to double going forward as revenue jumps 20%. That could give investors a degree of confidence in the long-term potential of this stock.</p><p><blockquote>沉浸式当然不是这场淘金热中的唯一公司，但它的业绩记录令人印象深刻。部分由于与索尼的关系，该股在2020年从小幅亏损转为大幅盈利——根据2021财年的预测，随着收入增长20%，每股收益将翻一番。这可能会让投资者对该股的长期潜力有一定程度的信心。</blockquote></p><p> <b>Videogame ETFs</b></p><p><blockquote><b>视频游戏ETF</b></blockquote></p><p> If you are interested in simply playing the broader trend of gaming and esports without jumping into individual hardware or software names, the best way to do that is via an exchange-traded fund. Three ETFs offer investors a tactical but diversified investment on this industry.</p><p><blockquote>如果您有兴趣简单地玩游戏和电子竞技的更广泛趋势，而不涉及单个硬件或软件名称，那么最好的方法是通过交易所交易基金。三只ETF为投资者提供了对该行业的战术性但多元化的投资。</blockquote></p><p> The VanEck Vectors videogaming and eSports ETF&nbsp;is a well-established fund with more than $900 million in assets. For just 0.55% in annual expenses, or $55 a year on every $10,000 invested, you get a global play on this megatrend.</p><p><blockquote>VanEck Vectors视频游戏和电子竞技ETF是一只成熟的基金，资产超过9亿美元。只需每年0.55%的支出，即每投资10,000美元每年55美元，您就可以在这一大趋势中发挥全球作用。</blockquote></p><p> Unfortunately, if you’re looking for diversification, the list of components is a bit lacking, with only 25 stocks right now. However, you’ll get the big names in the space including Nintendo and Sea along with Chinese giant Tencent Holdings.</p><p><blockquote>不幸的是，如果您正在寻求多元化，成分股列表有点缺乏，目前只有25只股票。然而，你会看到该领域的大牌，包括任天堂和Sea以及中国巨头腾讯控股控股。</blockquote></p><p> An alternative is the Global X videogames &amp; Esports ETF,which also has about $900 million in assets. It charges a slightly lower expense ratio of 0.50% annually and has just over 40 holdings at present. The makeup is similar to the VanEck ETF, but the longer list means U.S. stocks feature less prominently and only make up about 29% of the portfolio.</p><p><blockquote>另一种选择是Global X videogames&amp;Esports ETF，该ETF也拥有约9亿美元的资产。它每年收取的费用率略低，为0.50%，目前持有40多只股票。其构成与VanEck ETF类似，但名单较长意味着美国股票的地位不太突出，仅占投资组合的29%左右。</blockquote></p><p> Smallest in terms of assets is the Wedbush ETFMG videogame Tech ETF.This fund only has a bit more than $100 million in assets under management and charges the highest fees at 0.75% in expenses. However, with 91 holdings it has the deepest bench of the three — with many Asia components that are difficult for U.S. individual investors to buy as individual stocks.</p><p><blockquote>资产规模最小的是Wedbush ETFMG视频游戏科技ETF。该基金管理的资产仅略高于1亿美元，收取的费用最高为0.75%。然而，该公司持有91只股票，是三者中最深的——其中有许多亚洲成分股，美国个人投资者很难将其作为个股购买。</blockquote></p><p> The strategies differ slightly, but one thing has been true for all of these funds lately: Big profits for investors. All three have delivered north of 90% gains over the last 12 months, showing they all could offer profitable ways to play the uptrend in videogaming.</p><p><blockquote>策略略有不同，但最近所有这些基金都有一件事：投资者获得巨额利润。在过去12个月里，这三家公司的涨幅都超过了90%，这表明它们都可以提供盈利的方式来应对视频游戏的上升趋势。</blockquote></p><p></p>","source":"market_watch","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>7 smarter ways to play the boom in videogames and esports than buying GameStop<blockquote>比购买游戏驿站更聪明的7种方式来应对视频游戏和电子竞技的热潮</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\">\n7 smarter ways to play the boom in videogames and esports than buying GameStop<blockquote>比购买游戏驿站更聪明的7种方式来应对视频游戏和电子竞技的热潮</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">MarketWatch</strong><span class=\"h-time small\">2021-02-25 17:52</span>\n</p>\n</h4>\n</header>\n<article>\n<p>Look beyond Activision Blizzard and Nvidia</p><p><blockquote>超越动视暴雪和英伟达</blockquote></p><p> GameStop grabbed headlines based on the notion that the “smart money” simply didn’t understand this stock. But for investors looking for a less volatile play on the gaming megatrens, here are seven options that may fit better in most portfolios.</p><p><blockquote>游戏驿站之所以成为头条新闻，是因为“聪明的钱”根本不了解这只股票。但对于寻求波动性较小的博彩巨头的投资者来说，这里有七个可能更适合大多数投资组合的选择。</blockquote></p><p> Research firm NPD has shown that three out of four Americans, or&nbsp;roughly 244 million of us, play videogames for an average of 14 hours a week. And thanks to a lack of entertainment options outside the home in 2020, gaming sales worldwide surged 20% to a staggering&nbsp;$180 billion.</p><p><blockquote>研究公司NPD显示，四分之三的美国人，即大约2.44亿人，平均每周玩电子游戏14小时。由于2020年缺乏户外娱乐选择，全球游戏销售额飙升20%，达到惊人的1800亿美元。</blockquote></p><p> In fact, gaming is so popular and lucrative that professional esports now has an audience of about 500 million people worldwide — with a 70% increase in the number of viewers in the U.S. last year because of the pandemic and the lack of traditional spectator sports options. And as with so many other tech trends, these recent converts are likely to stick and continue powering the esports business. Here’s one way to put it in context: esports are expected to have almost&nbsp;800 million&nbsp;viewers by 2024 – nearly as many as about 825 million or so fans of professional basketball worldwide today.</p><p><blockquote>事实上，游戏如此受欢迎且利润丰厚，以至于职业电子竞技现在在全球拥有约5亿观众——由于疫情和缺乏传统的观赏性体育选择，去年美国的观众人数增加了70%。与许多其他技术趋势一样，这些最近的皈依者可能会坚持并继续推动电子竞技业务。这里有一种联系方式：预计到2024年，电子竞技将拥有近8亿观众——几乎相当于当今全球约8.25亿职业篮球迷。</blockquote></p><p> Some of the biggest publicly traded videogame stocks are already old news. Over the last 10 years, gaming powerhouse Activision Blizzard&nbsp;has surged about 800% compared with about 200% for the S&amp;P 500 index&nbsp;in the same period, growing to almost $80 billion in market value. And of course there has been the frenzy over GameStock&nbsp;that led toa congressional hearing.</p><p><blockquote>一些最大的公开交易视频游戏股票已经是旧闻了。过去10年，游戏巨头动视暴雪的市值飙升了约800%，而同期标普500指数的市值则上涨了约200%，增长至近800亿美元。当然，对GameStock的狂热导致了国会听证会。</blockquote></p><p> But there are a host of up-and-coming companies looking to level up amid continued growth for the industry. If you’re looking to play the gaming and esports craze, here are some options worth a look:</p><p><blockquote>但在该行业的持续增长中，有许多崭露头角的公司希望提高水平。如果您想玩游戏和电子竞技热潮，这里有一些值得一看的选项：</blockquote></p><p> <b>Nintendo</b></p><p><blockquote><b>任天堂</b></blockquote></p><p> Nintendo&nbsp;is an icon of the videogame industry. But just five years ago there was talk of “Nintendo’s Sad Struggle for Survival” amid waning popularity and weakening finances.</p><p><blockquote>任天堂是视频游戏行业的标志。但就在五年前，人们还在谈论“任天堂在人气下降和财务疲软的情况下为生存而进行的悲伤斗争”。</blockquote></p><p> The house of Mario has come back big time, thanks to its innovative Switch console that successfully bridged console and mobile gaming markets. Nintendo’s eShop is now bursting with “casual” games like the smash hit “Among Us,” which was originally built for mobile phones and boasted&nbsp;half a billion players&nbsp;in November. While there are big margins on $70 games or high-end hardware, Nintendo has built both its user base and its software offerings around low-cost diversions that collectively add up to serious revenue.</p><p><blockquote>马里奥之家已经卷土重来，这要归功于其创新的Switch游戏机，它成功地连接了游戏机和移动游戏市场。任天堂的eShop现在充斥着“休闲”游戏，比如红极一时的《我们中间》，这款游戏最初是为手机打造的，在11月份拥有5亿玩家。虽然70美元的游戏或高端硬件利润丰厚，但任天堂围绕低成本娱乐建立了用户群和软件产品，这些产品共同带来了可观的收入。</blockquote></p><p> At the same time, a strange convergence of circumstances have created big tailwinds for Nintendo’s high-end titles. Since its prior console — the Wii U — was a bit of a flop, Nintendo was able to reissue many native games with big price tags during the Switch’s early years. Now the company has planned releases in both its Zelda and Metroid franchises along with a potential upgrade to the Switch itself to drive high-margin hardware sales.</p><p><blockquote>与此同时，一系列奇怪的情况为任天堂的高端游戏创造了巨大的推动力。由于其之前的游戏机Wii U有点失败，任天堂能够在Switch的早期以高价重新发行许多原生游戏。现在，该公司已经计划发布塞尔达和银河战士系列，并可能升级交换机本身，以推动高利润的硬件销售。</blockquote></p><p> Thanks to these facts and a big pandemic boost, Nintendo stock has doubled from its early 2019 levels and is now trading at its highest levels since 2007. And if the&nbsp;2021 release schedule&nbsp;lives up to the hype, we could see new all-time highs as this Japanese gaming powerhouse continues its return to dominance in the industry.</p><p><blockquote>由于这些事实和疫情的大力推动，任天堂股价较2019年初的水平翻了一番，目前交易价格处于2007年以来的最高水平。如果2021年的发布时间表不负众望，随着这家日本游戏巨头继续重返行业主导地位，我们可能会看到新的历史高点。</blockquote></p><p> <b>Corsair</b></p><p><blockquote><b>海盗船</b></blockquote></p><p> If Nintendo has cashed in by connecting with more casual gamers, then Corsair Gaming&nbsp;shows how to cater to very serious PC gamers. This roughly $4 billion company is a top supplier of gaming-related parts from CPUs to peripherals like headsets and keyboards to specialty components for streaming gameplay on the internet. The streaming business line is particularly interesting, both via competitive esports play as well as commercial gamers looking to win viewers on platforms like Twitch and YouTube.</p><p><blockquote>如果任天堂通过与更多休闲游戏玩家联系而获利，那么海盗船游戏展示了如何迎合非常严肃的PC游戏玩家。这家价值约40亿美元的公司是游戏相关部件的顶级供应商，从CPU到耳机和键盘等外围设备，再到互联网上流媒体游戏的专用组件。流媒体业务线特别有趣，既有竞技电子竞技游戏，也有希望在Twitch和YouTube等平台上赢得观众的商业游戏玩家。</blockquote></p><p> The company completed its initial public offering in September and is soundly profitable. It’s also growing impressively, with its&nbsp;fourth-quarter earnings report&nbsp;in February showing a staggering 70% revenue growth and 118% profit growth year-over-year. Management has said this is thanks to expansion in all categories, too, and not just one item that’s hot at the moment.</p><p><blockquote>该公司于9月份完成了首次公开募股，利润丰厚。该公司的增长也令人印象深刻，2月份的第四季度收益报告显示，收入同比增长70%，利润同比增长118%。管理层表示，这也得益于所有类别的扩张，而不仅仅是目前热门的一个项目。</blockquote></p><p> We’ve seen the power of high-end hardware stocks before with companies like the Nvidia,which is up fourfold from the end of 2018 thanks in part to its best-in-class graphics cards and now worth $370 billion. But what makes Corsair so great is that it’s not a competitor to Nvidia; in fact, when folks look to build a new gaming rig to incorporate components like the Nvidia GeForce 4k graphics card that was recently released, they are likely to upgrade everything else, too.</p><p><blockquote>我们之前已经在Nvidia等公司身上看到了高端硬件股票的力量，该股较2018年底上涨了四倍，部分归功于其一流的显卡，目前价值3700亿美元。但Corsair如此伟大的原因在于它不是Nvidia的竞争对手；事实上，当人们希望构建一个新的游戏装备来整合最近发布的Nvidia GeForce 4k显卡等组件时，他们也可能会升级其他一切。</blockquote></p><p> That could allow Corsair to piggyback this trend in the short term and continue to build on its track record of success.</p><p><blockquote>这可能会让海盗船在短期内顺应这一趋势，并继续巩固其成功记录。</blockquote></p><p> <b>Sea</b></p><p><blockquote><b>海</b></blockquote></p><p></p><p> Singapore-based Sea&nbsp;isn’t well known in the West, but that may change quickly given its 2020 stock performance. Over the last 12 months, the stock has surged roughly 420% thanks to amazing growth and big tailwinds behind its unique technology business.</p><p><blockquote>总部位于新加坡的Sea在西方并不出名，但考虑到其2020年的股票表现，这种情况可能会很快改变。在过去12个月里，由于其独特的技术业务背后的惊人增长和巨大推动力，该股飙升了约420%。</blockquote></p><p> That business involves a dominant gaming catalog offered under Sea’s&nbsp;Garena&nbsp;brand, led by multiplayer online battle arena&nbsp;(MOBA)&nbsp;games like League of Legends. Not only are the games themselves popular, but related MOBA esports broadcasts are big business, too. Consider that the 2020 League of Legends championship tallied&nbsp;139 million total hours&nbsp;of viewership with peak viewership of 3.8 million people watching at once.</p><p><blockquote>该业务涉及Sea Garena品牌下提供的主导游戏目录，以《英雄联盟》等多人在线战斗竞技场(MOBA)游戏为首。不仅游戏本身很受欢迎，相关的MOBA电子竞技转播也是一项大生意。考虑到2020年英雄联盟锦标赛的总收视率为1.39亿小时，峰值收视率为380万人同时观看。</blockquote></p><p> While League of Legends is admittedly one of the more mature franchises in Sea’s arsenal, the company certainly isn’t a one-trick pony. Its mobile-friendly MOBA title Free Fire was the most-downloaded game in the Google Play store in 2019 and just hit&nbsp;80 million&nbsp;daily users at the end of last year.</p><p><blockquote>虽然《英雄联盟》无可否认是Sea武器库中较成熟的系列之一，但该公司肯定不是一匹只会一招的小马。其手机友好型MOBA游戏《Free Fire》是2019年谷歌Play商店下载量最大的游戏，去年年底日用户数刚刚达到8000万。</blockquote></p><p> And it doesn’t stop with just these games. This unique tech stock has divisions that focus on live streaming and social features for gamers, such as user chat and online forums, and a mobile-centric e-commerce marketplace to help with seller services like shipping and logistics.</p><p><blockquote>它不仅仅止于这些游戏。这只独特的科技股拥有专注于游戏玩家直播和社交功能（例如用户聊天和在线论坛）的部门，以及一个以移动为中心的电子商务市场，以帮助提供运输和物流等卖家服务。</blockquote></p><p> That adds up to a company that is uniquely positioned to capitalize on many parts of the gaming ecosystem, making Sea a very attractive option for those looking to tap into the full potential of this lucrative industry.</p><p><blockquote>这使得这家公司在利用游戏生态系统的许多部分方面具有独特的优势，这使得Sea对于那些希望挖掘这个利润丰厚的行业的全部潜力的人来说成为一个非常有吸引力的选择。</blockquote></p><p> <b>Immersion</b></p><p><blockquote><b>浸入</b></blockquote></p><p> The smallest and most aggressive play on this list is Immersion,a $350 million stock that is involved with “haptics.” This is the fancy technical term for motion and touch controls that use real-world feedback to allow users to interact with a computer or game console.</p><p><blockquote>这份名单上规模最小、最激进的公司是Immersion，这是一只价值3.5亿美元的股票，涉及“触觉”。这是运动和触摸控制的花哨技术术语，使用真实世界的反馈来允许用户与计算机或游戏控制台进行交互。</blockquote></p><p> The stock has surged about 50% in the last year in part because of a lucrative deal with Sony&nbsp;to produce components for its DualSense controllers that ship with the PlayStation 5. But the company’s long-term potential is bigger than one console, as the Nintendo witch and Xbox from Microsoft&nbsp;also use motion controls. Furthermore, there’s tremendous potential in the nascent VR market, too.</p><p><blockquote>该股去年飙升了约50%，部分原因是与索尼达成了一项利润丰厚的协议，为PlayStation 5附带的DualSense控制器生产组件。但该公司的长期潜力不仅仅是一款游戏机，因为微软的任天堂女巫和Xbox也使用运动控制。此外，新兴的虚拟现实市场也有巨大的潜力。</blockquote></p><p> There’s risk here, of course, since haptics technology has become standard fare for gamers only fairly recently and tons of companies are researching new solutions and forging relationships with the bigger names in the space.</p><p><blockquote>当然，这里存在风险，因为触觉技术直到最近才成为游戏玩家的标准配置，大量公司正在研究新的解决方案，并与该领域的大公司建立关系。</blockquote></p><p> Immersion is certainly not alone in this gold rush, but its track record is impressive. Thanks in part to its relationship with Sony, the stock swung from a modest loss to significant profits in 2020 — and based on FY2021 forecasts, earnings per share are set to double going forward as revenue jumps 20%. That could give investors a degree of confidence in the long-term potential of this stock.</p><p><blockquote>沉浸式当然不是这场淘金热中的唯一公司，但它的业绩记录令人印象深刻。部分由于与索尼的关系，该股在2020年从小幅亏损转为大幅盈利——根据2021财年的预测，随着收入增长20%，每股收益将翻一番。这可能会让投资者对该股的长期潜力有一定程度的信心。</blockquote></p><p> <b>Videogame ETFs</b></p><p><blockquote><b>视频游戏ETF</b></blockquote></p><p> If you are interested in simply playing the broader trend of gaming and esports without jumping into individual hardware or software names, the best way to do that is via an exchange-traded fund. Three ETFs offer investors a tactical but diversified investment on this industry.</p><p><blockquote>如果您有兴趣简单地玩游戏和电子竞技的更广泛趋势，而不涉及单个硬件或软件名称，那么最好的方法是通过交易所交易基金。三只ETF为投资者提供了对该行业的战术性但多元化的投资。</blockquote></p><p> The VanEck Vectors videogaming and eSports ETF&nbsp;is a well-established fund with more than $900 million in assets. For just 0.55% in annual expenses, or $55 a year on every $10,000 invested, you get a global play on this megatrend.</p><p><blockquote>VanEck Vectors视频游戏和电子竞技ETF是一只成熟的基金，资产超过9亿美元。只需每年0.55%的支出，即每投资10,000美元每年55美元，您就可以在这一大趋势中发挥全球作用。</blockquote></p><p> Unfortunately, if you’re looking for diversification, the list of components is a bit lacking, with only 25 stocks right now. However, you’ll get the big names in the space including Nintendo and Sea along with Chinese giant Tencent Holdings.</p><p><blockquote>不幸的是，如果您正在寻求多元化，成分股列表有点缺乏，目前只有25只股票。然而，你会看到该领域的大牌，包括任天堂和Sea以及中国巨头腾讯控股控股。</blockquote></p><p> An alternative is the Global X videogames &amp; Esports ETF,which also has about $900 million in assets. It charges a slightly lower expense ratio of 0.50% annually and has just over 40 holdings at present. The makeup is similar to the VanEck ETF, but the longer list means U.S. stocks feature less prominently and only make up about 29% of the portfolio.</p><p><blockquote>另一种选择是Global X videogames&amp;Esports ETF，该ETF也拥有约9亿美元的资产。它每年收取的费用率略低，为0.50%，目前持有40多只股票。其构成与VanEck ETF类似，但名单较长意味着美国股票的地位不太突出，仅占投资组合的29%左右。</blockquote></p><p> Smallest in terms of assets is the Wedbush ETFMG videogame Tech ETF.This fund only has a bit more than $100 million in assets under management and charges the highest fees at 0.75% in expenses. However, with 91 holdings it has the deepest bench of the three — with many Asia components that are difficult for U.S. individual investors to buy as individual stocks.</p><p><blockquote>资产规模最小的是Wedbush ETFMG视频游戏科技ETF。该基金管理的资产仅略高于1亿美元，收取的费用最高为0.75%。然而，该公司持有91只股票，是三者中最深的——其中有许多亚洲成分股，美国个人投资者很难将其作为个股购买。</blockquote></p><p> The strategies differ slightly, but one thing has been true for all of these funds lately: Big profits for investors. All three have delivered north of 90% gains over the last 12 months, showing they all could offer profitable ways to play the uptrend in videogaming.</p><p><blockquote>策略略有不同，但最近所有这些基金都有一件事：投资者获得巨额利润。在过去12个月里，这三家公司的涨幅都超过了90%，这表明它们都可以提供盈利的方式来应对视频游戏的上升趋势。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.marketwatch.com/story/these-4-stocks-and-3-etfs-let-you-cash-in-on-the-boom-in-videogames-and-esports-11614092613?mod=home-page\">MarketWatch</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GME":"游戏驿站","NTDOY":"任天堂","GAMR":"Amplify Video Game Leaders ETF","SE":"Sea Ltd","IMMR":"浸入科技","NTDOF":"Nintendo Co., Ltd.","CRSR":"Corsair Gaming, Inc."},"source_url":"https://www.marketwatch.com/story/these-4-stocks-and-3-etfs-let-you-cash-in-on-the-boom-in-videogames-and-esports-11614092613?mod=home-page","is_english":true,"share_image_url":"https://static.laohu8.com/599a65733b8245fcf7868668ef9ad712","article_id":"1136762256","content_text":"Look beyond Activision Blizzard and Nvidia\nGameStop grabbed headlines based on the notion that the “smart money” simply didn’t understand this stock. But for investors looking for a less volatile play on the gaming megatrens, here are seven options that may fit better in most portfolios.\nResearch firm NPD has shown that three out of four Americans, or roughly 244 million of us, play videogames for an average of 14 hours a week. And thanks to a lack of entertainment options outside the home in 2020, gaming sales worldwide surged 20% to a staggering $180 billion.\nIn fact, gaming is so popular and lucrative that professional esports now has an audience of about 500 million people worldwide — with a 70% increase in the number of viewers in the U.S. last year because of the pandemic and the lack of traditional spectator sports options. And as with so many other tech trends, these recent converts are likely to stick and continue powering the esports business. Here’s one way to put it in context: esports are expected to have almost 800 million viewers by 2024 – nearly as many as about 825 million or so fans of professional basketball worldwide today.\nSome of the biggest publicly traded videogame stocks are already old news. Over the last 10 years, gaming powerhouse Activision Blizzard has surged about 800% compared with about 200% for the S&P 500 index in the same period, growing to almost $80 billion in market value. And of course there has been the frenzy over GameStock that led toa congressional hearing.\nBut there are a host of up-and-coming companies looking to level up amid continued growth for the industry. If you’re looking to play the gaming and esports craze, here are some options worth a look:\nNintendo\nNintendo is an icon of the videogame industry. But just five years ago there was talk of “Nintendo’s Sad Struggle for Survival” amid waning popularity and weakening finances.\nThe house of Mario has come back big time, thanks to its innovative Switch console that successfully bridged console and mobile gaming markets. Nintendo’s eShop is now bursting with “casual” games like the smash hit “Among Us,” which was originally built for mobile phones and boasted half a billion players in November. While there are big margins on $70 games or high-end hardware, Nintendo has built both its user base and its software offerings around low-cost diversions that collectively add up to serious revenue.\nAt the same time, a strange convergence of circumstances have created big tailwinds for Nintendo’s high-end titles. Since its prior console — the Wii U — was a bit of a flop, Nintendo was able to reissue many native games with big price tags during the Switch’s early years. Now the company has planned releases in both its Zelda and Metroid franchises along with a potential upgrade to the Switch itself to drive high-margin hardware sales.\nThanks to these facts and a big pandemic boost, Nintendo stock has doubled from its early 2019 levels and is now trading at its highest levels since 2007. And if the 2021 release schedule lives up to the hype, we could see new all-time highs as this Japanese gaming powerhouse continues its return to dominance in the industry.\nCorsair\nIf Nintendo has cashed in by connecting with more casual gamers, then Corsair Gaming shows how to cater to very serious PC gamers. This roughly $4 billion company is a top supplier of gaming-related parts from CPUs to peripherals like headsets and keyboards to specialty components for streaming gameplay on the internet. The streaming business line is particularly interesting, both via competitive esports play as well as commercial gamers looking to win viewers on platforms like Twitch and YouTube.\nThe company completed its initial public offering in September and is soundly profitable. It’s also growing impressively, with its fourth-quarter earnings report in February showing a staggering 70% revenue growth and 118% profit growth year-over-year. Management has said this is thanks to expansion in all categories, too, and not just one item that’s hot at the moment.\nWe’ve seen the power of high-end hardware stocks before with companies like the Nvidia,which is up fourfold from the end of 2018 thanks in part to its best-in-class graphics cards and now worth $370 billion. But what makes Corsair so great is that it’s not a competitor to Nvidia; in fact, when folks look to build a new gaming rig to incorporate components like the Nvidia GeForce 4k graphics card that was recently released, they are likely to upgrade everything else, too.\nThat could allow Corsair to piggyback this trend in the short term and continue to build on its track record of success.\nSea\nSingapore-based Sea isn’t well known in the West, but that may change quickly given its 2020 stock performance. Over the last 12 months, the stock has surged roughly 420% thanks to amazing growth and big tailwinds behind its unique technology business.\nThat business involves a dominant gaming catalog offered under Sea’s Garena brand, led by multiplayer online battle arena (MOBA) games like League of Legends. Not only are the games themselves popular, but related MOBA esports broadcasts are big business, too. Consider that the 2020 League of Legends championship tallied 139 million total hours of viewership with peak viewership of 3.8 million people watching at once.\nWhile League of Legends is admittedly one of the more mature franchises in Sea’s arsenal, the company certainly isn’t a one-trick pony. Its mobile-friendly MOBA title Free Fire was the most-downloaded game in the Google Play store in 2019 and just hit 80 million daily users at the end of last year.\nAnd it doesn’t stop with just these games. This unique tech stock has divisions that focus on live streaming and social features for gamers, such as user chat and online forums, and a mobile-centric e-commerce marketplace to help with seller services like shipping and logistics.\nThat adds up to a company that is uniquely positioned to capitalize on many parts of the gaming ecosystem, making Sea a very attractive option for those looking to tap into the full potential of this lucrative industry.\nImmersion\nThe smallest and most aggressive play on this list is Immersion,a $350 million stock that is involved with “haptics.” This is the fancy technical term for motion and touch controls that use real-world feedback to allow users to interact with a computer or game console.\nThe stock has surged about 50% in the last year in part because of a lucrative deal with Sony to produce components for its DualSense controllers that ship with the PlayStation 5. But the company’s long-term potential is bigger than one console, as the Nintendo witch and Xbox from Microsoft also use motion controls. Furthermore, there’s tremendous potential in the nascent VR market, too.\nThere’s risk here, of course, since haptics technology has become standard fare for gamers only fairly recently and tons of companies are researching new solutions and forging relationships with the bigger names in the space.\nImmersion is certainly not alone in this gold rush, but its track record is impressive. Thanks in part to its relationship with Sony, the stock swung from a modest loss to significant profits in 2020 — and based on FY2021 forecasts, earnings per share are set to double going forward as revenue jumps 20%. That could give investors a degree of confidence in the long-term potential of this stock.\nVideogame ETFs\nIf you are interested in simply playing the broader trend of gaming and esports without jumping into individual hardware or software names, the best way to do that is via an exchange-traded fund. Three ETFs offer investors a tactical but diversified investment on this industry.\nThe VanEck Vectors videogaming and eSports ETF is a well-established fund with more than $900 million in assets. For just 0.55% in annual expenses, or $55 a year on every $10,000 invested, you get a global play on this megatrend.\nUnfortunately, if you’re looking for diversification, the list of components is a bit lacking, with only 25 stocks right now. However, you’ll get the big names in the space including Nintendo and Sea along with Chinese giant Tencent Holdings.\nAn alternative is the Global X videogames & Esports ETF,which also has about $900 million in assets. It charges a slightly lower expense ratio of 0.50% annually and has just over 40 holdings at present. The makeup is similar to the VanEck ETF, but the longer list means U.S. stocks feature less prominently and only make up about 29% of the portfolio.\nSmallest in terms of assets is the Wedbush ETFMG videogame Tech ETF.This fund only has a bit more than $100 million in assets under management and charges the highest fees at 0.75% in expenses. However, with 91 holdings it has the deepest bench of the three — with many Asia components that are difficult for U.S. individual investors to buy as individual stocks.\nThe strategies differ slightly, but one thing has been true for all of these funds lately: Big profits for investors. All three have delivered north of 90% gains over the last 12 months, showing they all could offer profitable ways to play the uptrend in videogaming.","news_type":1,"symbols_score_info":{"NTDOF":0.9,"GAMR":0.9,"GME":0.9,"IMMR":0.9,"CRSR":0.9,"SE":0.9,"NTDOY":0.9}},"isVote":1,"tweetType":1,"viewCount":706,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":361777842,"gmtCreate":1614264646686,"gmtModify":1634550393778,"author":{"id":"3569281466243183","authorId":"3569281466243183","name":"xjxjxj","avatar":"https://static.tigerbbs.com/3fda36dbe534d19914e7107db005a4dc","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3569281466243183","idStr":"3569281466243183"},"themes":[],"htmlText":"Oh no","listText":"Oh no","text":"Oh no","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/361777842","repostId":"2114131201","repostType":4,"isVote":1,"tweetType":1,"viewCount":291,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":328437808,"gmtCreate":1615548732004,"gmtModify":1703490770110,"author":{"id":"3569281466243183","authorId":"3569281466243183","name":"xjxjxj","avatar":"https://static.tigerbbs.com/3fda36dbe534d19914e7107db005a4dc","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3569281466243183","idStr":"3569281466243183"},"themes":[],"htmlText":"Wew wew","listText":"Wew wew","text":"Wew wew","images":[{"img":"https://static.tigerbbs.com/6223427deb0ededc9504f234066f8f95","width":"1080","height":"2630"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/328437808","isVote":1,"tweetType":1,"viewCount":2706,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":368667638,"gmtCreate":1614319466024,"gmtModify":1703476304087,"author":{"id":"3569281466243183","authorId":"3569281466243183","name":"xjxjxj","avatar":"https://static.tigerbbs.com/3fda36dbe534d19914e7107db005a4dc","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3569281466243183","idStr":"3569281466243183"},"themes":[],"htmlText":"Gg noooo","listText":"Gg noooo","text":"Gg noooo","images":[{"img":"https://static.tigerbbs.com/9e50fcc580b2f3c0d2998b977e6613c3","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/368667638","isVote":1,"tweetType":1,"viewCount":1701,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":368665240,"gmtCreate":1614319361780,"gmtModify":1703476301349,"author":{"id":"3569281466243183","authorId":"3569281466243183","name":"xjxjxj","avatar":"https://static.tigerbbs.com/3fda36dbe534d19914e7107db005a4dc","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3569281466243183","idStr":"3569281466243183"},"themes":[],"htmlText":"Gosh","listText":"Gosh","text":"Gosh","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/368665240","repostId":"1120523685","repostType":4,"repost":{"id":"1120523685","kind":"news","pubTimestamp":1614310849,"share":"https://www.laohu8.com/m/news/1120523685?lang=zh_CN&edition=full","pubTime":"2021-02-26 11:40","market":"us","language":"en","title":"GameStop Round 2? How an options-buying frenzy is providing another jolt to meme stocks<blockquote>游戏驿站第二轮？期权购买狂潮如何给模因股票带来另一次冲击</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1120523685","media":"MarketWatch","summary":"It’s not just individual investors participating in latest squeeze, observers say\nAnother options-fu","content":"<p>It’s not just individual investors participating in latest squeeze, observers say</p><p><blockquote>观察人士称，参与最新挤压的不仅仅是个人投资者</blockquote></p><p> Another options-fueled buying frenzy appeared to be sending shares of GameStop Corp. and other “meme” stocks soaring on Thursday. But unlike last month’s market-rattling move, it wasn’t clear that individual investors were the primary driver.</p><p><blockquote>另一场由期权引发的购买狂潮似乎导致游戏驿站公司和其他“模因”股票的股价周四飙升。但与上个月令市场不安的举动不同，目前尚不清楚个人投资者是否是主要驱动力。</blockquote></p><p> The primary mechanism, however, appeared largely the same.</p><p><blockquote>然而，主要机制似乎基本相同。</blockquote></p><p> A surge in purchases of GameStop call options, centered on those with a strike price of $60 and due to expire at the end of the week, was seen late Wednesday afternoon, said Gust Kepler, chief executive of BlackBoxStocks, a stock-and-options analytics and social platform. That triggered an alert sent by BlackBoxStocks at 3:27 p.m. Eastern, he said. Another alert was triggered early Thursday by heavy interest in calls with a $125 strike price.</p><p><blockquote>股票和期权公司BlackBoxStocks首席执行官Gust Kepler表示，周三下午晚些时候，游戏驿站·看涨期权期权的购买量激增，主要是执行价为60美元、将于本周末到期的期权。分析和社交平台。这触发了BlackBoxStocks在下午3点27分发送的警报。东方，他说。周四早些时候，由于对评级的浓厚兴趣，执行价为125美元，引发了另一个警报。</blockquote></p><p> The company tracks options buying activity, with an eye toward large institutional buyers. Concerted activity by individual investors can also be picked up as brokers, which are part of the institutional universe, move to fill orders. The recent activity appeared to likely be a combination of big, professional players as well as individual buyers, Kepler said, in an interview.</p><p><blockquote>该公司跟踪期权购买活动，关注大型机构买家。随着作为机构世界一部分的经纪商开始履行订单，个人投资者的一致活动也可能被发现。开普勒在接受采访时表示，最近的活动似乎可能是大型专业参与者和个人买家的结合。</blockquote></p><p> <b>‘Gamma squeeze’</b></p><p><blockquote><b>“伽马挤压”</b></blockquote></p><p> A call option is a financial instrument that gives the holder the right, but not the obligation, to buy the underlying security at a set price, known as the strike price, by a certain date. By buying far “out of the money” calls, which have a strike price well above the stock’s present level, investors are betting that a surge in the stock price will net them a healthy profit.</p><p><blockquote>看涨期权期权是一种金融工具，赋予持有人在特定日期之前以设定价格（称为执行价格）购买标的证券的权利，但没有义务。通过购买执行价格远高于该股目前水平的“价外”评级，投资者押注股价飙升将为他们带来可观的利润。</blockquote></p><p> Buying far out of the money calls is usually a losing proposition, analysts noted, and a surge in interest can make the strategy more expensive as premiums rise in response to demand.</p><p><blockquote>分析师指出，远超本钱买入评级通常是一个失败的提议，随着溢价因需求而上升，兴趣激增可能会使该策略变得更加昂贵。</blockquote></p><p> But the options buying can, under certain circumstances, create conditions in which a price rally feeds on itself. Known as a “gamma squeeze,” this occurs when the sellers of the call options, in order to hedge their positions, buy the underlying stock. As the price of the stock rises, they need to buy more to maintain their hedge, creating the feedback loop.</p><p><blockquote>但在某些情况下，期权购买可以创造价格上涨的条件。这种情况被称为“伽马挤压”，当看涨期权期权的卖方为了对冲其头寸而购买标的股票时就会发生。随着股票价格上涨，他们需要购买更多来维持对冲，从而形成反馈循环。</blockquote></p><p> GameStop&nbsp;shares soared in late afternoon trade Wednesday, prompting trading halts before it&nbsp;ended with a gain of 104%.Nearly 65 million shares changed hands, with volume surging as the closing bell neared, compared with a recent average daily volume of 14.7 million shares. GameStop shares&nbsp;popped as much as 85% at Thursday’s opening bell. Gains were trimmed by the close, but it still finished at $108.73, up more than 18%.</p><p><blockquote>周三下午晚些时候，游戏驿站股价飙升，导致交易暂停，最终上涨104%。近6500万股易手，临近收盘时成交量激增，而近期日均成交量为1470万股。周四开盘时，游戏驿站股价飙升85%。收盘时涨幅有所收窄，但仍收于108.73美元，涨幅超过18%。</blockquote></p><p> <b>Where are the shorts?</b></p><p><blockquote><b>短裤在哪里？</b></blockquote></p><p> GameStop, which ended last year near $17 a share, soared as high as $483 in late January as concerted buying efforts initiated by individual investors on Reddit’s WallStreetBets forum contributed to a short squeeze, forcing traders who had bet on falling stock prices to cover their positions, adding to the buying frenzy.</p><p><blockquote>游戏驿站去年收盘价接近每股17美元，1月下旬飙升至483美元，原因是个人投资者在Reddit的WallStreetBets论坛上发起的一致买入努力导致了空头挤压，迫使押注股价下跌的交易员回补头寸，加剧了购买狂潮。</blockquote></p><p> GameStop shares subsequently fell back, trading below $40 a share last week. The late-January episode briefly rattled financial markets, triggered investigations and brought additional scrutiny, including a high-profile congressional hearing, on online brokers, market makers, and other players.</p><p><blockquote>游戏驿站股价随后回落，上周交易价格低于每股40美元。1月下旬的事件短暂扰乱了金融市场，引发了调查，并带来了对在线经纪商、做市商和其他参与者的额外审查，包括备受瞩目的国会听证会。</blockquote></p><p> It’s also brought attention to the broader role individual investors are playing and the possibility of a sustained pickup in retail interest that could alter market dynamics over the long run.</p><p><blockquote>它还引起了人们对个人投资者所扮演的更广泛角色的关注，以及散户兴趣持续回升的可能性，这可能会从长远来看改变市场动态。</blockquote></p><p> The broader stock marketsaw steep lossesthat deepened ahead of the closing bell, though the tech-led fall was blamed largely on a sharp jump in Treasury yields. The Dow Jones Industrial Average&nbsp;dropped nearly 560 points, or 1.8%. The S&amp;P 500&nbsp;fell 2.4%, while the Nasdaq Composite&nbsp;dropped 3.5%.</p><p><blockquote>尽管科技股主导的下跌主要归咎于美国国债收益率的大幅上涨，但大盘跌幅在收盘前进一步加深。道琼斯工业平均指数下跌近560点，跌幅1.8%。标普500下跌2.4%，纳斯达克综合指数下跌3.5%。</blockquote></p><p> Some market watchers, however, saw a possible but not clear-cut link between the GameStop activity and the selloff.</p><p><blockquote>然而，一些市场观察人士认为，游戏驿站活动与抛售之间可能存在但不明确的联系。</blockquote></p><p> GameStop might still be a popular short among some hedge funds, said Thomas Lee, managing partner and head of research at Fundstrat Global Advisors, in a Thursday note. That could be fostering a repeat of the late-January “degrossing” episode, in which hedge funds sold assets in order to reduce leverage, in keeping with “value-at-risk” models.</p><p><blockquote>Fundstrat Global Advisors管理合伙人兼研究主管Thomas Lee在周四的一份报告中表示，游戏驿站可能仍然是一些对冲基金中受欢迎的空头。这可能会助长1月下旬“去毛利化”事件的重演，当时对冲基金出售资产以降低杠杆率，符合“风险价值”模型。</blockquote></p><p> Meanwhile, other market watchers questioned how much fuel existed for for a repeat short squeeze, noting a sharp fall in short interest and expectations that remaining shorts are more adequately hedged against sharp moves.</p><p><blockquote>与此同时，其他市场观察人士质疑重复轧空的燃料有多少，他们指出空头兴趣急剧下降，并且预计剩余空头可以更充分地对冲大幅波动。</blockquote></p><p> Short interest in GameStop had reached 140% in January, but has since fallen back closer to 30%, noted Edward Moya, senior market analyst at brokerage Oanda, in a note, observing that professional investors likely also see an opportunity near options expiration dates following last month’s action.</p><p><blockquote>经纪公司Oanda的高级市场分析师Edward Moya在一份报告中指出，游戏驿站的空头兴趣在1月份达到140%，但此后回落至接近30%，并指出专业投资者也可能在期权到期日附近看到机会继上个月的行动之后。</blockquote></p><p></p><p> “One thing is clear, the institutional money behind this move found options expiration as a pivotal opportunity that will make it easier for market disruptions,” Moya wrote. “The violent price swings might remain elevated around options expirations for the Reddit-WallStreetBets crowd.”</p><p><blockquote>莫亚写道：“有一点是明确的，这一举措背后的机构资金发现期权到期是一个关键机会，这将使市场更容易受到干扰。”“对于Reddit-WallStreetBets人群来说，期权到期前后的剧烈价格波动可能会继续加剧。”</blockquote></p><p></p>","source":"market_watch","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>GameStop Round 2? How an options-buying frenzy is providing another jolt to meme stocks<blockquote>游戏驿站第二轮？期权购买狂潮如何给模因股票带来另一次冲击</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nGameStop Round 2? How an options-buying frenzy is providing another jolt to meme stocks<blockquote>游戏驿站第二轮？期权购买狂潮如何给模因股票带来另一次冲击</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">MarketWatch</strong><span class=\"h-time small\">2021-02-26 11:40</span>\n</p>\n</h4>\n</header>\n<article>\n<p>It’s not just individual investors participating in latest squeeze, observers say</p><p><blockquote>观察人士称，参与最新挤压的不仅仅是个人投资者</blockquote></p><p> Another options-fueled buying frenzy appeared to be sending shares of GameStop Corp. and other “meme” stocks soaring on Thursday. But unlike last month’s market-rattling move, it wasn’t clear that individual investors were the primary driver.</p><p><blockquote>另一场由期权引发的购买狂潮似乎导致游戏驿站公司和其他“模因”股票的股价周四飙升。但与上个月令市场不安的举动不同，目前尚不清楚个人投资者是否是主要驱动力。</blockquote></p><p> The primary mechanism, however, appeared largely the same.</p><p><blockquote>然而，主要机制似乎基本相同。</blockquote></p><p> A surge in purchases of GameStop call options, centered on those with a strike price of $60 and due to expire at the end of the week, was seen late Wednesday afternoon, said Gust Kepler, chief executive of BlackBoxStocks, a stock-and-options analytics and social platform. That triggered an alert sent by BlackBoxStocks at 3:27 p.m. Eastern, he said. Another alert was triggered early Thursday by heavy interest in calls with a $125 strike price.</p><p><blockquote>股票和期权公司BlackBoxStocks首席执行官Gust Kepler表示，周三下午晚些时候，游戏驿站·看涨期权期权的购买量激增，主要是执行价为60美元、将于本周末到期的期权。分析和社交平台。这触发了BlackBoxStocks在下午3点27分发送的警报。东方，他说。周四早些时候，由于对评级的浓厚兴趣，执行价为125美元，引发了另一个警报。</blockquote></p><p> The company tracks options buying activity, with an eye toward large institutional buyers. Concerted activity by individual investors can also be picked up as brokers, which are part of the institutional universe, move to fill orders. The recent activity appeared to likely be a combination of big, professional players as well as individual buyers, Kepler said, in an interview.</p><p><blockquote>该公司跟踪期权购买活动，关注大型机构买家。随着作为机构世界一部分的经纪商开始履行订单，个人投资者的一致活动也可能被发现。开普勒在接受采访时表示，最近的活动似乎可能是大型专业参与者和个人买家的结合。</blockquote></p><p> <b>‘Gamma squeeze’</b></p><p><blockquote><b>“伽马挤压”</b></blockquote></p><p> A call option is a financial instrument that gives the holder the right, but not the obligation, to buy the underlying security at a set price, known as the strike price, by a certain date. By buying far “out of the money” calls, which have a strike price well above the stock’s present level, investors are betting that a surge in the stock price will net them a healthy profit.</p><p><blockquote>看涨期权期权是一种金融工具，赋予持有人在特定日期之前以设定价格（称为执行价格）购买标的证券的权利，但没有义务。通过购买执行价格远高于该股目前水平的“价外”评级，投资者押注股价飙升将为他们带来可观的利润。</blockquote></p><p> Buying far out of the money calls is usually a losing proposition, analysts noted, and a surge in interest can make the strategy more expensive as premiums rise in response to demand.</p><p><blockquote>分析师指出，远超本钱买入评级通常是一个失败的提议，随着溢价因需求而上升，兴趣激增可能会使该策略变得更加昂贵。</blockquote></p><p> But the options buying can, under certain circumstances, create conditions in which a price rally feeds on itself. Known as a “gamma squeeze,” this occurs when the sellers of the call options, in order to hedge their positions, buy the underlying stock. As the price of the stock rises, they need to buy more to maintain their hedge, creating the feedback loop.</p><p><blockquote>但在某些情况下，期权购买可以创造价格上涨的条件。这种情况被称为“伽马挤压”，当看涨期权期权的卖方为了对冲其头寸而购买标的股票时就会发生。随着股票价格上涨，他们需要购买更多来维持对冲，从而形成反馈循环。</blockquote></p><p> GameStop&nbsp;shares soared in late afternoon trade Wednesday, prompting trading halts before it&nbsp;ended with a gain of 104%.Nearly 65 million shares changed hands, with volume surging as the closing bell neared, compared with a recent average daily volume of 14.7 million shares. GameStop shares&nbsp;popped as much as 85% at Thursday’s opening bell. Gains were trimmed by the close, but it still finished at $108.73, up more than 18%.</p><p><blockquote>周三下午晚些时候，游戏驿站股价飙升，导致交易暂停，最终上涨104%。近6500万股易手，临近收盘时成交量激增，而近期日均成交量为1470万股。周四开盘时，游戏驿站股价飙升85%。收盘时涨幅有所收窄，但仍收于108.73美元，涨幅超过18%。</blockquote></p><p> <b>Where are the shorts?</b></p><p><blockquote><b>短裤在哪里？</b></blockquote></p><p> GameStop, which ended last year near $17 a share, soared as high as $483 in late January as concerted buying efforts initiated by individual investors on Reddit’s WallStreetBets forum contributed to a short squeeze, forcing traders who had bet on falling stock prices to cover their positions, adding to the buying frenzy.</p><p><blockquote>游戏驿站去年收盘价接近每股17美元，1月下旬飙升至483美元，原因是个人投资者在Reddit的WallStreetBets论坛上发起的一致买入努力导致了空头挤压，迫使押注股价下跌的交易员回补头寸，加剧了购买狂潮。</blockquote></p><p> GameStop shares subsequently fell back, trading below $40 a share last week. The late-January episode briefly rattled financial markets, triggered investigations and brought additional scrutiny, including a high-profile congressional hearing, on online brokers, market makers, and other players.</p><p><blockquote>游戏驿站股价随后回落，上周交易价格低于每股40美元。1月下旬的事件短暂扰乱了金融市场，引发了调查，并带来了对在线经纪商、做市商和其他参与者的额外审查，包括备受瞩目的国会听证会。</blockquote></p><p> It’s also brought attention to the broader role individual investors are playing and the possibility of a sustained pickup in retail interest that could alter market dynamics over the long run.</p><p><blockquote>它还引起了人们对个人投资者所扮演的更广泛角色的关注，以及散户兴趣持续回升的可能性，这可能会从长远来看改变市场动态。</blockquote></p><p> The broader stock marketsaw steep lossesthat deepened ahead of the closing bell, though the tech-led fall was blamed largely on a sharp jump in Treasury yields. The Dow Jones Industrial Average&nbsp;dropped nearly 560 points, or 1.8%. The S&amp;P 500&nbsp;fell 2.4%, while the Nasdaq Composite&nbsp;dropped 3.5%.</p><p><blockquote>尽管科技股主导的下跌主要归咎于美国国债收益率的大幅上涨，但大盘跌幅在收盘前进一步加深。道琼斯工业平均指数下跌近560点，跌幅1.8%。标普500下跌2.4%，纳斯达克综合指数下跌3.5%。</blockquote></p><p> Some market watchers, however, saw a possible but not clear-cut link between the GameStop activity and the selloff.</p><p><blockquote>然而，一些市场观察人士认为，游戏驿站活动与抛售之间可能存在但不明确的联系。</blockquote></p><p> GameStop might still be a popular short among some hedge funds, said Thomas Lee, managing partner and head of research at Fundstrat Global Advisors, in a Thursday note. That could be fostering a repeat of the late-January “degrossing” episode, in which hedge funds sold assets in order to reduce leverage, in keeping with “value-at-risk” models.</p><p><blockquote>Fundstrat Global Advisors管理合伙人兼研究主管Thomas Lee在周四的一份报告中表示，游戏驿站可能仍然是一些对冲基金中受欢迎的空头。这可能会助长1月下旬“去毛利化”事件的重演，当时对冲基金出售资产以降低杠杆率，符合“风险价值”模型。</blockquote></p><p> Meanwhile, other market watchers questioned how much fuel existed for for a repeat short squeeze, noting a sharp fall in short interest and expectations that remaining shorts are more adequately hedged against sharp moves.</p><p><blockquote>与此同时，其他市场观察人士质疑重复轧空的燃料有多少，他们指出空头兴趣急剧下降，并且预计剩余空头可以更充分地对冲大幅波动。</blockquote></p><p> Short interest in GameStop had reached 140% in January, but has since fallen back closer to 30%, noted Edward Moya, senior market analyst at brokerage Oanda, in a note, observing that professional investors likely also see an opportunity near options expiration dates following last month’s action.</p><p><blockquote>经纪公司Oanda的高级市场分析师Edward Moya在一份报告中指出，游戏驿站的空头兴趣在1月份达到140%，但此后回落至接近30%，并指出专业投资者也可能在期权到期日附近看到机会继上个月的行动之后。</blockquote></p><p></p><p> “One thing is clear, the institutional money behind this move found options expiration as a pivotal opportunity that will make it easier for market disruptions,” Moya wrote. “The violent price swings might remain elevated around options expirations for the Reddit-WallStreetBets crowd.”</p><p><blockquote>莫亚写道：“有一点是明确的，这一举措背后的机构资金发现期权到期是一个关键机会，这将使市场更容易受到干扰。”“对于Reddit-WallStreetBets人群来说，期权到期前后的剧烈价格波动可能会继续加剧。”</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.marketwatch.com/story/gamestop-round-2-how-an-options-buying-frenzy-is-providing-another-jolt-to-meme-stocks-11614277287?mod=home-page\">MarketWatch</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BB":"黑莓","KOSS":"高斯电子",".IXIC":"NASDAQ Composite",".DJI":"道琼斯","GME":"游戏驿站",".SPX":"S&P 500 Index"},"source_url":"https://www.marketwatch.com/story/gamestop-round-2-how-an-options-buying-frenzy-is-providing-another-jolt-to-meme-stocks-11614277287?mod=home-page","is_english":true,"share_image_url":"https://static.laohu8.com/599a65733b8245fcf7868668ef9ad712","article_id":"1120523685","content_text":"It’s not just individual investors participating in latest squeeze, observers say\nAnother options-fueled buying frenzy appeared to be sending shares of GameStop Corp. and other “meme” stocks soaring on Thursday. But unlike last month’s market-rattling move, it wasn’t clear that individual investors were the primary driver.\nThe primary mechanism, however, appeared largely the same.\nA surge in purchases of GameStop call options, centered on those with a strike price of $60 and due to expire at the end of the week, was seen late Wednesday afternoon, said Gust Kepler, chief executive of BlackBoxStocks, a stock-and-options analytics and social platform. That triggered an alert sent by BlackBoxStocks at 3:27 p.m. Eastern, he said. Another alert was triggered early Thursday by heavy interest in calls with a $125 strike price.\nThe company tracks options buying activity, with an eye toward large institutional buyers. Concerted activity by individual investors can also be picked up as brokers, which are part of the institutional universe, move to fill orders. The recent activity appeared to likely be a combination of big, professional players as well as individual buyers, Kepler said, in an interview.\n‘Gamma squeeze’\nA call option is a financial instrument that gives the holder the right, but not the obligation, to buy the underlying security at a set price, known as the strike price, by a certain date. By buying far “out of the money” calls, which have a strike price well above the stock’s present level, investors are betting that a surge in the stock price will net them a healthy profit.\nBuying far out of the money calls is usually a losing proposition, analysts noted, and a surge in interest can make the strategy more expensive as premiums rise in response to demand.\nBut the options buying can, under certain circumstances, create conditions in which a price rally feeds on itself. Known as a “gamma squeeze,” this occurs when the sellers of the call options, in order to hedge their positions, buy the underlying stock. As the price of the stock rises, they need to buy more to maintain their hedge, creating the feedback loop.\nGameStop shares soared in late afternoon trade Wednesday, prompting trading halts before it ended with a gain of 104%.Nearly 65 million shares changed hands, with volume surging as the closing bell neared, compared with a recent average daily volume of 14.7 million shares. GameStop shares popped as much as 85% at Thursday’s opening bell. Gains were trimmed by the close, but it still finished at $108.73, up more than 18%.\nWhere are the shorts?\nGameStop, which ended last year near $17 a share, soared as high as $483 in late January as concerted buying efforts initiated by individual investors on Reddit’s WallStreetBets forum contributed to a short squeeze, forcing traders who had bet on falling stock prices to cover their positions, adding to the buying frenzy.\nGameStop shares subsequently fell back, trading below $40 a share last week. The late-January episode briefly rattled financial markets, triggered investigations and brought additional scrutiny, including a high-profile congressional hearing, on online brokers, market makers, and other players.\nIt’s also brought attention to the broader role individual investors are playing and the possibility of a sustained pickup in retail interest that could alter market dynamics over the long run.\nThe broader stock marketsaw steep lossesthat deepened ahead of the closing bell, though the tech-led fall was blamed largely on a sharp jump in Treasury yields. The Dow Jones Industrial Average dropped nearly 560 points, or 1.8%. The S&P 500 fell 2.4%, while the Nasdaq Composite dropped 3.5%.\nSome market watchers, however, saw a possible but not clear-cut link between the GameStop activity and the selloff.\nGameStop might still be a popular short among some hedge funds, said Thomas Lee, managing partner and head of research at Fundstrat Global Advisors, in a Thursday note. That could be fostering a repeat of the late-January “degrossing” episode, in which hedge funds sold assets in order to reduce leverage, in keeping with “value-at-risk” models.\nMeanwhile, other market watchers questioned how much fuel existed for for a repeat short squeeze, noting a sharp fall in short interest and expectations that remaining shorts are more adequately hedged against sharp moves.\nShort interest in GameStop had reached 140% in January, but has since fallen back closer to 30%, noted Edward Moya, senior market analyst at brokerage Oanda, in a note, observing that professional investors likely also see an opportunity near options expiration dates following last month’s action.\n“One thing is clear, the institutional money behind this move found options expiration as a pivotal opportunity that will make it easier for market disruptions,” Moya wrote. “The violent price swings might remain elevated around options expirations for the Reddit-WallStreetBets crowd.”","news_type":1,"symbols_score_info":{".SPX":0.9,"KOSS":0.9,"GME":0.9,"BB":0.9,"AMC":0.9,".IXIC":0.9,".DJI":0.9}},"isVote":1,"tweetType":1,"viewCount":2070,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":368662147,"gmtCreate":1614319305589,"gmtModify":1703476299127,"author":{"id":"3569281466243183","authorId":"3569281466243183","name":"xjxjxj","avatar":"https://static.tigerbbs.com/3fda36dbe534d19914e7107db005a4dc","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3569281466243183","idStr":"3569281466243183"},"themes":[],"htmlText":"Jei jei","listText":"Jei jei","text":"Jei jei","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/368662147","repostId":"1145712275","repostType":4,"isVote":1,"tweetType":1,"viewCount":952,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":361775306,"gmtCreate":1614264596605,"gmtModify":1634550394143,"author":{"id":"3569281466243183","authorId":"3569281466243183","name":"xjxjxj","avatar":"https://static.tigerbbs.com/3fda36dbe534d19914e7107db005a4dc","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3569281466243183","idStr":"3569281466243183"},"themes":[],"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/361775306","repostId":"2114317810","repostType":4,"isVote":1,"tweetType":1,"viewCount":679,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}