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Jstan
2021-12-31
Like pls
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Jstan
2021-12-30
Luke pls
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Jstan
2021-12-29
Like pls
S&P 500 set to outperform Nasdaq for the first time since 2016<blockquote>标普500的表现将自 2016 年以来首次超过纳斯达克</blockquote>
Jstan
2021-12-29
Line pls
Omicron Is Airlines’ Latest Setback. Why a Longtime Analyst Isn’t Worried.<blockquote>奥密克戎是航空公司的最新挫折。为什么一位资深分析师并不担心?</blockquote>
Jstan
2021-12-28
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Jstan
2021-12-27
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Santa Claus Rally watch: What to know this week<blockquote>圣诞老人集会手表:本周须知</blockquote>
Jstan
2021-12-26
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Jstan
2021-12-25
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Jstan
2021-12-24
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Jstan
2021-12-23
Tencent giving xmas present?
Jstan
2021-12-23
Like pls
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Jstan
2021-12-22
Like
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Jstan
2021-12-21
Hehe
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Jstan
2021-12-21
Likr pls
Aldeyra's Dry Eye Disease Candidate Disappoints In Late-Stage Study<blockquote>Aldeyra 的干眼病候选人在后期研究中令人失望</blockquote>
Jstan
2021-12-20
Like pls
Apple Stock: The Strongest Shield Against Rate Hikes<blockquote>苹果股票:抵御加息的最强盾牌</blockquote>
Jstan
2021-12-20
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Jstan
2021-12-18
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Wall Street ends down after mostly negative week<blockquote>华尔街在经历了大部分负面的一周后收盘下跌</blockquote>
Jstan
2021-12-16
What your take for hstech?
Jstan
2021-12-16
Like pls
These were the 10 best performing IPOs of 2021 amid a record year for stock market debuts<blockquote>在股市首次亮相创纪录的一年中,这些是 2021 年表现最好的 10 家 IPO</blockquote>
Jstan
2021-12-15
Like pls
Toplines Before US Market Open on Wednesday<blockquote>周三美国市场开盘前的顶线</blockquote>
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pls","listText":"Like pls","text":"Like pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/692896251","repostId":"2195928314","repostType":4,"isVote":1,"tweetType":1,"viewCount":3683,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":692922399,"gmtCreate":1640831316263,"gmtModify":1640831316700,"author":{"id":"3570885355172302","authorId":"3570885355172302","name":"Jstan","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3570885355172302","authorIdStr":"3570885355172302"},"themes":[],"title":"","htmlText":"Luke pls","listText":"Luke pls","text":"Luke pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/692922399","repostId":"2195466435","repostType":4,"isVote":1,"tweetType":1,"viewCount":3870,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":696751169,"gmtCreate":1640777895320,"gmtModify":1640778089432,"author":{"id":"3570885355172302","authorId":"3570885355172302","name":"Jstan","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3570885355172302","authorIdStr":"3570885355172302"},"themes":[],"title":"","htmlText":"Like pls","listText":"Like pls","text":"Like pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/696751169","repostId":"1101324165","repostType":4,"repost":{"id":"1101324165","kind":"news","pubTimestamp":1640777292,"share":"https://www.laohunote.com/m/news/1101324165?lang=zh_CN&edition=full","pubTime":"2021-12-29 19:28","market":"us","language":"en","title":"S&P 500 set to outperform Nasdaq for the first time since 2016<blockquote>标普500的表现将自 2016 年以来首次超过纳斯达克</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1101324165","media":"Seeking Alpha","summary":"A rally that propelled markets over the past few days took a breather on Tuesday, but with only thre","content":"<p><html><head></head><body>A rally that propelled markets over the past few days took a breather on Tuesday, but with only three sessions leftin 2021, stocks are still poised to close out a strong year. The S&P 500 is up 27.4% YTD, and if an outsized rally ensues, it could possibly top 2019's advance of 28.9% for its best year since 2013 (when it gained 32.4%). At the current rate it would also come out ahead of the tech-heavy Nasdaq Composite, which isup 23.1% for the year.</p><p><blockquote><html><head></head><body>过去几天推动市场的反弹在周二得到了喘息,但由于 2021 年只剩下三个交易日,股市仍有望结束强劲的一年。标普500年初至今上涨 27.4%,如果随之而来的是大幅上涨,它可能会超过 2019 年 28.9% 的涨幅,创下自 2013 年(当时上涨 32.4%)以来最好的一年。按照目前的速度,它还将领先于以科技股为主的纳斯达克综合指数,后者今年的涨幅为 23.1%。</body></html></blockquote></p><p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/696e55eb4f06fd16bee1e44b2aceee70\" tg-width=\"1536\" tg-height=\"1024\" width=\"100%\" height=\"auto\"/><span>Clerkenwell/Vetta via Getty Images</span></p><p><blockquote><p class=\"t-img-caption\"><span>Clerkenwell/Vetta via Getty Images</span></p></blockquote></p><p><i>Quote:</i>"All the stay-at-home, play-at-home, work-from-home stocks were DOA in 2021, like the pandemic didn't exist anymore," said Jake Dollarhide, CEO of Longbow Asset Management. "The last five years, every time it looked like there would be a rotation out of tech, everybody bought the dip - 2021 will go down as the year that investors did not buy the dip in tech."</p><p><blockquote><i>引用:</i>Longbow Asset Management 首席执行官杰克·多拉希德 (Jake Dollarhide) 表示:“2021 年,所有待在家里、在家玩耍、在家工作的股票都下跌了,就好像疫情不复存在一样。”“在过去的五年里,每次看起来科技股都会出现轮动,每个人都会逢低买入——2021 年将成为投资者没有逢低买入科技股的一年。”</blockquote></p><p>Inflation scares also saw investors rotate away from high-multiple tech stocks and into sectors that hold up better in a rising rate environment. Those include financials, energy and consumer goods, as well as industrials and real estate. While smaller-cap tech stocks got hammered - along with small-caps in general - big growth players found their footing and kept the S&P 500 and Nasdaq powering higher (the Dow Jones Industrial Average is also up 20.4% in 2021). Mega-cap companies like Amazon, Alphabet, Apple, Meta, Microsoft, Nvidia and Tesla make up 27% of the S&P 500 and are also the largest members of the Nasdaq.</p><p><blockquote>通胀恐慌还导致投资者从高倍数科技股转向在利率上升环境下表现更好的行业。其中包括金融、能源和消费品,以及工业和房地产。虽然小型科技股以及一般的小型股都受到了打击,但大型成长型公司找到了立足点,并保持了标普500和纳斯达克的走高(道琼斯工业平均指数在2021年也上涨了20.4%)。亚马逊、Alphabet、苹果、Meta、微软、英伟达和特斯拉等大型公司占标普500的27%,也是纳斯达克最大的成员。</blockquote></p><p><b>No day off:</b>Traders might be surprised they won't be getting vacation time for New Year's this year due to an obscure regulation called NYSE Rule 7.2. The law stipulates that the exchange will be closed either Friday, or the following Monday, if a holiday falls on a weekend, unless "unusual business conditions exist, such as the ending of a monthly or yearly accounting period." It's a pretty rare occurrence, with Rule 7.2 making its last appearance a decade ago, when New Year's Day fell on a Saturday in 2011.</p><p><blockquote><b>无休息日:</b>由于一项名为纽约证券交易所规则 7.2 的晦涩法规,交易员可能会感到惊讶,他们今年将无法享受新年假期。法律规定,如果节假日恰逢周末,交易所将在周五或下周一休市,除非“存在不寻常的商业情况,例如月度或年度会计期间结束”。这是一种非常罕见的情况,规则7.2最后一次出现是在十年前,当时元旦是2011年的一个星期六。</blockquote></p><p></body></html></p><p><blockquote></blockquote></p><p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>S&P 500 set to outperform Nasdaq for the first time since 2016<blockquote>标普500的表现将自 2016 年以来首次超过纳斯达克</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\">\nS&P 500 set to outperform Nasdaq for the first time since 2016<blockquote>标普500的表现将自 2016 年以来首次超过纳斯达克</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Seeking Alpha</strong><span class=\"h-time small\">2021-12-29 19:28</span>\n</p>\n</h4>\n</header>\n<article>\n<p><html><head></head><body>A rally that propelled markets over the past few days took a breather on Tuesday, but with only three sessions leftin 2021, stocks are still poised to close out a strong year. The S&P 500 is up 27.4% YTD, and if an outsized rally ensues, it could possibly top 2019's advance of 28.9% for its best year since 2013 (when it gained 32.4%). At the current rate it would also come out ahead of the tech-heavy Nasdaq Composite, which isup 23.1% for the year.</p><p><blockquote><html><head></head><body>过去几天推动市场的反弹在周二得到了喘息,但由于 2021 年只剩下三个交易日,股市仍有望结束强劲的一年。标普500年初至今上涨 27.4%,如果随之而来的是大幅上涨,它可能会超过 2019 年 28.9% 的涨幅,创下自 2013 年(当时上涨 32.4%)以来最好的一年。按照目前的速度,它还将领先于以科技股为主的纳斯达克综合指数,后者今年的涨幅为 23.1%。</body></html></blockquote></p><p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/696e55eb4f06fd16bee1e44b2aceee70\" tg-width=\"1536\" tg-height=\"1024\" width=\"100%\" height=\"auto\"/><span>Clerkenwell/Vetta via Getty Images</span></p><p><blockquote><p class=\"t-img-caption\"><span>Clerkenwell/Vetta via Getty Images</span></p></blockquote></p><p><i>Quote:</i>"All the stay-at-home, play-at-home, work-from-home stocks were DOA in 2021, like the pandemic didn't exist anymore," said Jake Dollarhide, CEO of Longbow Asset Management. "The last five years, every time it looked like there would be a rotation out of tech, everybody bought the dip - 2021 will go down as the year that investors did not buy the dip in tech."</p><p><blockquote><i>引用:</i>Longbow Asset Management 首席执行官杰克·多拉希德 (Jake Dollarhide) 表示:“2021 年,所有待在家里、在家玩耍、在家工作的股票都下跌了,就好像疫情不复存在一样。”“在过去的五年里,每次看起来科技股都会出现轮动,每个人都会逢低买入——2021 年将成为投资者没有逢低买入科技股的一年。”</blockquote></p><p>Inflation scares also saw investors rotate away from high-multiple tech stocks and into sectors that hold up better in a rising rate environment. Those include financials, energy and consumer goods, as well as industrials and real estate. While smaller-cap tech stocks got hammered - along with small-caps in general - big growth players found their footing and kept the S&P 500 and Nasdaq powering higher (the Dow Jones Industrial Average is also up 20.4% in 2021). Mega-cap companies like Amazon, Alphabet, Apple, Meta, Microsoft, Nvidia and Tesla make up 27% of the S&P 500 and are also the largest members of the Nasdaq.</p><p><blockquote>通胀恐慌还导致投资者从高倍数科技股转向在利率上升环境下表现更好的行业。其中包括金融、能源和消费品,以及工业和房地产。虽然小型科技股以及一般的小型股都受到了打击,但大型成长型公司找到了立足点,并保持了标普500和纳斯达克的走高(道琼斯工业平均指数在2021年也上涨了20.4%)。亚马逊、Alphabet、苹果、Meta、微软、英伟达和特斯拉等大型公司占标普500的27%,也是纳斯达克最大的成员。</blockquote></p><p><b>No day off:</b>Traders might be surprised they won't be getting vacation time for New Year's this year due to an obscure regulation called NYSE Rule 7.2. The law stipulates that the exchange will be closed either Friday, or the following Monday, if a holiday falls on a weekend, unless "unusual business conditions exist, such as the ending of a monthly or yearly accounting period." It's a pretty rare occurrence, with Rule 7.2 making its last appearance a decade ago, when New Year's Day fell on a Saturday in 2011.</p><p><blockquote><b>无休息日:</b>由于一项名为纽约证券交易所规则 7.2 的晦涩法规,交易员可能会感到惊讶,他们今年将无法享受新年假期。法律规定,如果节假日恰逢周末,交易所将在周五或下周一休市,除非“存在不寻常的商业情况,例如月度或年度会计期间结束”。这是一种非常罕见的情况,规则7.2最后一次出现是在十年前,当时元旦是2011年的一个星期六。</blockquote></p><p></body></html></p><p><blockquote></blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源:<a href=\"https://seekingalpha.com/news/3783829-sp-500-set-to-outperform-nasdaq-for-the-first-time-since-2016\">Seeking Alpha</a></p>\n<p>为提升您的阅读体验,我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯",".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite"},"source_url":"https://seekingalpha.com/news/3783829-sp-500-set-to-outperform-nasdaq-for-the-first-time-since-2016","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1101324165","content_text":"A rally that propelled markets over the past few days took a breather on Tuesday, but with only three sessions leftin 2021, stocks are still poised to close out a strong year. The S&P 500 is up 27.4% YTD, and if an outsized rally ensues, it could possibly top 2019's advance of 28.9% for its best year since 2013 (when it gained 32.4%). At the current rate it would also come out ahead of the tech-heavy Nasdaq Composite, which isup 23.1% for the year.Clerkenwell/Vetta via Getty ImagesQuote:\"All the stay-at-home, play-at-home, work-from-home stocks were DOA in 2021, like the pandemic didn't exist anymore,\" said Jake Dollarhide, CEO of Longbow Asset Management. \"The last five years, every time it looked like there would be a rotation out of tech, everybody bought the dip - 2021 will go down as the year that investors did not buy the dip in tech.\"Inflation scares also saw investors rotate away from high-multiple tech stocks and into sectors that hold up better in a rising rate environment. Those include financials, energy and consumer goods, as well as industrials and real estate. While smaller-cap tech stocks got hammered - along with small-caps in general - big growth players found their footing and kept the S&P 500 and Nasdaq powering higher (the Dow Jones Industrial Average is also up 20.4% in 2021). Mega-cap companies like Amazon, Alphabet, Apple, Meta, Microsoft, Nvidia and Tesla make up 27% of the S&P 500 and are also the largest members of the Nasdaq.No day off:Traders might be surprised they won't be getting vacation time for New Year's this year due to an obscure regulation called NYSE Rule 7.2. The law stipulates that the exchange will be closed either Friday, or the following Monday, if a holiday falls on a weekend, unless \"unusual business conditions exist, such as the ending of a monthly or yearly accounting period.\" It's a pretty rare occurrence, with Rule 7.2 making its last appearance a decade ago, when New Year's Day fell on a Saturday in 2011.","news_type":1,"symbols_score_info":{".DJI":0.9,".IXIC":0.9,".SPX":0.9}},"isVote":1,"tweetType":1,"viewCount":3700,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":696751305,"gmtCreate":1640777886495,"gmtModify":1640778088964,"author":{"id":"3570885355172302","authorId":"3570885355172302","name":"Jstan","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3570885355172302","authorIdStr":"3570885355172302"},"themes":[],"title":"","htmlText":"Line pls","listText":"Line pls","text":"Line pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/696751305","repostId":"1113082313","repostType":4,"repost":{"id":"1113082313","kind":"news","pubTimestamp":1640777611,"share":"https://www.laohunote.com/m/news/1113082313?lang=zh_CN&edition=full","pubTime":"2021-12-29 19:33","market":"us","language":"en","title":"Omicron Is Airlines’ Latest Setback. Why a Longtime Analyst Isn’t Worried.<blockquote>奥密克戎是航空公司的最新挫折。为什么一位资深分析师并不担心?</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1113082313","media":"Barrons","summary":"Flight cancellations have surged in recent days owing to the rapidly spreading Omicron variant and i","content":"<p><html><head></head><body>Flight cancellations have surged in recent days owing to the rapidly spreading Omicron variant and inclement weather. While these disruptions are certainly another setback for the airline sector—which has already been hit especially hard by the Covid-19 pandemic—a longtime industry analyst says carriers will be able to bounce back once again.</p><p><blockquote><html><head></head><body>由于奥密克戎变种的迅速传播和恶劣天气,最近几天航班取消激增。虽然这些中断无疑是航空业的又一次挫折——航空业已经受到了 Covid-19 大流行的沉重打击——但一位长期行业分析师表示,航空公司将能够再次反弹。</body></html></blockquote></p><p>Airline stocks have come under some pressure as a result, though they have held up pretty well recently. As of Monday’s close,Delta Air Lines (ticker: DAL) was up 6.7% since Dec. 17, versus 3.7% for the S&P 500.Southwest Airlines (LUV) had gained 5.3%, compared with 9.3% for United Airlines Holdings (UAL) and about 7% for American Airlines Group (AAL).</p><p><blockquote>因此,航空股面临一些压力,尽管它们最近表现相当不错。截至周一收盘,达美航空公司(股票代码:DAL)自12月17日以来上涨了6.7%,而标准普尔500指数为3.7%。西南航空公司(LUV)上涨了5.3%,而联合航空控股公司(UAL)上涨了9.3%,美国航空集团(AAL)上涨了约7%。</blockquote></p><p>For some perspective on the sector, <i>Barron’s</i> reached out to Helane Becker, an airline analyst at Cowen. She has Southwest and United at Outperform ratings, and Delta and American at Market Perform. Becker responded by email.</p><p><blockquote>对于该行业的一些看法,<i>巴伦</i>联系了Cowen的航空分析师Helane Becker。她对西南航空和联合航空的评级为跑赢大盘,达美航空和美国航空的评级为大盘。贝克尔通过电子邮件回复。</blockquote></p><p><b><i>Barron’s</i></b><b>: How should investors think about the latest wave of flight cancellations and what it means for the major U.S. airline companies?</b></p><p><blockquote><b><i>巴伦</i></b><b>:投资者应该如何看待最新一波航班取消,以及这对美国主要航空公司意味着什么?</b></blockquote></p><p><b>Helane Becker:</b>It’s a pain to deal with, but as the virus is going through the general population, the same is true for airline crews. They don’t want to be stuck in hotels, either. We think the majors will recover from this latest setback, especially as people have to get home. Also, [the cancellations are] 9% or 10% of the total, and airlines are doing their best to consolidate flights to larger aircraft. In the West there’s winter weather, which isn’t helping either.</p><p><blockquote><b>海兰·贝克尔:</b>这是一件令人痛苦的事情,但随着病毒在普通人群中传播,航空公司机组人员也是如此。他们也不想被困在酒店里。我们认为大联盟将从最近的挫折中恢复过来,特别是当人们不得不回家的时候。此外,【取消的航班占总数的9%或10%,航空公司正在尽最大努力整合更大飞机的航班。西部正值冬季,这也无济于事。</blockquote></p><p><b>Is there any airline that you think is especially well positioned to get through this uncertain stretch?</b></p><p><blockquote><b>你认为有没有哪家航空公司特别有能力度过这段不确定的时期?</b></blockquote></p><p>They’ll all get through it; eventually it impacts everyone. It just depends where you are. Airlines in the southern tier might do better than the northern airlines because of winter weather.</p><p><blockquote>他们都会挺过去的;最终它会影响每个人。这取决于你在哪里。由于冬季天气原因,南方航空公司可能会比北方航空公司做得更好。</blockquote></p><p><b>What is your longer-term view of the airline industry?</b></p><p><blockquote><b>您对航空业的长期看法是什么?</b></blockquote></p><p>No change. To have a robust economy there needs to be a robust airline industry. People are tired of being home and want to travel. They are tired of Covid and its variants and just want to move on, and that includes travel.</p><p><blockquote>没有变化。要拥有强劲的经济,就需要强大的航空业。人们厌倦了呆在家里,想去旅行。他们厌倦了Covid及其变种,只想继续前进,这包括旅行。</blockquote></p><p><b>When can investors expect capital returns from these companies to begin?</b></p><p><blockquote><b>投资者何时可以期待这些公司的资本回报开始?</b></blockquote></p><p>2022 should be a transition year but better than 2021.</p><p><blockquote>2022 年应该是过渡年,但比 2021 年要好。</blockquote></p><p></body></html></p><p><blockquote></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>Omicron Is Airlines’ Latest Setback. Why a Longtime Analyst Isn’t Worried.<blockquote>奥密克戎是航空公司的最新挫折。为什么一位资深分析师并不担心?</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\">\nOmicron Is Airlines’ Latest Setback. Why a Longtime Analyst Isn’t Worried.<blockquote>奥密克戎是航空公司的最新挫折。为什么一位资深分析师并不担心?</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Barrons</strong><span class=\"h-time small\">2021-12-29 19:33</span>\n</p>\n</h4>\n</header>\n<article>\n<p><html><head></head><body>Flight cancellations have surged in recent days owing to the rapidly spreading Omicron variant and inclement weather. While these disruptions are certainly another setback for the airline sector—which has already been hit especially hard by the Covid-19 pandemic—a longtime industry analyst says carriers will be able to bounce back once again.</p><p><blockquote><html><head></head><body>由于奥密克戎变种的迅速传播和恶劣天气,最近几天航班取消激增。虽然这些中断无疑是航空业的又一次挫折——航空业已经受到了 Covid-19 大流行的沉重打击——但一位长期行业分析师表示,航空公司将能够再次反弹。</body></html></blockquote></p><p>Airline stocks have come under some pressure as a result, though they have held up pretty well recently. As of Monday’s close,Delta Air Lines (ticker: DAL) was up 6.7% since Dec. 17, versus 3.7% for the S&P 500.Southwest Airlines (LUV) had gained 5.3%, compared with 9.3% for United Airlines Holdings (UAL) and about 7% for American Airlines Group (AAL).</p><p><blockquote>因此,航空股面临一些压力,尽管它们最近表现相当不错。截至周一收盘,达美航空公司(股票代码:DAL)自12月17日以来上涨了6.7%,而标准普尔500指数为3.7%。西南航空公司(LUV)上涨了5.3%,而联合航空控股公司(UAL)上涨了9.3%,美国航空集团(AAL)上涨了约7%。</blockquote></p><p>For some perspective on the sector, <i>Barron’s</i> reached out to Helane Becker, an airline analyst at Cowen. She has Southwest and United at Outperform ratings, and Delta and American at Market Perform. Becker responded by email.</p><p><blockquote>对于该行业的一些看法,<i>巴伦</i>联系了Cowen的航空分析师Helane Becker。她对西南航空和联合航空的评级为跑赢大盘,达美航空和美国航空的评级为大盘。贝克尔通过电子邮件回复。</blockquote></p><p><b><i>Barron’s</i></b><b>: How should investors think about the latest wave of flight cancellations and what it means for the major U.S. airline companies?</b></p><p><blockquote><b><i>巴伦</i></b><b>:投资者应该如何看待最新一波航班取消,以及这对美国主要航空公司意味着什么?</b></blockquote></p><p><b>Helane Becker:</b>It’s a pain to deal with, but as the virus is going through the general population, the same is true for airline crews. They don’t want to be stuck in hotels, either. We think the majors will recover from this latest setback, especially as people have to get home. Also, [the cancellations are] 9% or 10% of the total, and airlines are doing their best to consolidate flights to larger aircraft. In the West there’s winter weather, which isn’t helping either.</p><p><blockquote><b>海兰·贝克尔:</b>这是一件令人痛苦的事情,但随着病毒在普通人群中传播,航空公司机组人员也是如此。他们也不想被困在酒店里。我们认为大联盟将从最近的挫折中恢复过来,特别是当人们不得不回家的时候。此外,【取消的航班占总数的9%或10%,航空公司正在尽最大努力整合更大飞机的航班。西部正值冬季,这也无济于事。</blockquote></p><p><b>Is there any airline that you think is especially well positioned to get through this uncertain stretch?</b></p><p><blockquote><b>你认为有没有哪家航空公司特别有能力度过这段不确定的时期?</b></blockquote></p><p>They’ll all get through it; eventually it impacts everyone. It just depends where you are. Airlines in the southern tier might do better than the northern airlines because of winter weather.</p><p><blockquote>他们都会挺过去的;最终它会影响每个人。这取决于你在哪里。由于冬季天气原因,南方航空公司可能会比北方航空公司做得更好。</blockquote></p><p><b>What is your longer-term view of the airline industry?</b></p><p><blockquote><b>您对航空业的长期看法是什么?</b></blockquote></p><p>No change. To have a robust economy there needs to be a robust airline industry. People are tired of being home and want to travel. They are tired of Covid and its variants and just want to move on, and that includes travel.</p><p><blockquote>没有变化。要拥有强劲的经济,就需要强大的航空业。人们厌倦了呆在家里,想去旅行。他们厌倦了Covid及其变种,只想继续前进,这包括旅行。</blockquote></p><p><b>When can investors expect capital returns from these companies to begin?</b></p><p><blockquote><b>投资者何时可以期待这些公司的资本回报开始?</b></blockquote></p><p>2022 should be a transition year but better than 2021.</p><p><blockquote>2022 年应该是过渡年,但比 2021 年要好。</blockquote></p><p></body></html></p><p><blockquote></blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源:<a href=\"https://www.barrons.com/articles/omicron-airline-stocks-analyst-outlook-51640707314?mod=hp_DAY_Theme_1_2\">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":{"UAL":"联合大陆航空","LUV":"西南航空","AAL":"美国航空","DAL":"达美航空"},"source_url":"https://www.barrons.com/articles/omicron-airline-stocks-analyst-outlook-51640707314?mod=hp_DAY_Theme_1_2","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1113082313","content_text":"Flight cancellations have surged in recent days owing to the rapidly spreading Omicron variant and inclement weather. While these disruptions are certainly another setback for the airline sector—which has already been hit especially hard by the Covid-19 pandemic—a longtime industry analyst says carriers will be able to bounce back once again.Airline stocks have come under some pressure as a result, though they have held up pretty well recently. As of Monday’s close,Delta Air Lines (ticker: DAL) was up 6.7% since Dec. 17, versus 3.7% for the S&P 500.Southwest Airlines (LUV) had gained 5.3%, compared with 9.3% for United Airlines Holdings (UAL) and about 7% for American Airlines Group (AAL).For some perspective on the sector, Barron’s reached out to Helane Becker, an airline analyst at Cowen. She has Southwest and United at Outperform ratings, and Delta and American at Market Perform. Becker responded by email.Barron’s: How should investors think about the latest wave of flight cancellations and what it means for the major U.S. airline companies?Helane Becker:It’s a pain to deal with, but as the virus is going through the general population, the same is true for airline crews. They don’t want to be stuck in hotels, either. We think the majors will recover from this latest setback, especially as people have to get home. Also, [the cancellations are] 9% or 10% of the total, and airlines are doing their best to consolidate flights to larger aircraft. In the West there’s winter weather, which isn’t helping either.Is there any airline that you think is especially well positioned to get through this uncertain stretch?They’ll all get through it; eventually it impacts everyone. It just depends where you are. Airlines in the southern tier might do better than the northern airlines because of winter weather.What is your longer-term view of the airline industry?No change. To have a robust economy there needs to be a robust airline industry. People are tired of being home and want to travel. They are tired of Covid and its variants and just want to move on, and that includes travel.When can investors expect capital returns from these companies to begin?2022 should be a transition year but better than 2021.","news_type":1,"symbols_score_info":{"AAL":0.9,"UAL":0.9,"LUV":0.9,"DAL":0.9}},"isVote":1,"tweetType":1,"viewCount":3171,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":696179587,"gmtCreate":1640655484063,"gmtModify":1640655484501,"author":{"id":"3570885355172302","authorId":"3570885355172302","name":"Jstan","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3570885355172302","authorIdStr":"3570885355172302"},"themes":[],"title":"","htmlText":"Like pls","listText":"Like pls","text":"Like pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/696179587","repostId":"1127544468","repostType":4,"isVote":1,"tweetType":1,"viewCount":5066,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":698776102,"gmtCreate":1640566943633,"gmtModify":1640567186723,"author":{"id":"3570885355172302","authorId":"3570885355172302","name":"Jstan","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3570885355172302","authorIdStr":"3570885355172302"},"themes":[],"title":"","htmlText":"Like pls","listText":"Like pls","text":"Like pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/698776102","repostId":"2194177239","repostType":4,"repost":{"id":"2194177239","kind":"news","pubTimestamp":1640559609,"share":"https://www.laohunote.com/m/news/2194177239?lang=zh_CN&edition=full","pubTime":"2021-12-27 07:00","market":"us","language":"en","title":"Santa Claus Rally watch: What to know this week<blockquote>圣诞老人集会手表:本周须知</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=2194177239","media":"Yahoo Finance","summary":"As traders return from the holiday-shortened week, the price action heading into the new year will be closely monitored — especially given the relatively light economic data and earnings calendar for the coming days.The S&P 500 is entering the period known for ushering in the so-called Santa Claus Rally, or seasonally strong timeframe for stocks at the end of each year.According to data from LPL Financial, the Santa Claus Rally period encapsulates the seven days most likely to be higher in any ","content":"<p><div> As traders return from the holiday-shortened week, the price action heading into the new year will be closely monitored — especially given the relatively light economic data and earnings calendar for ...</p><p><blockquote><div>随着交易员从假期缩短的一周归来,进入新的一年的价格走势将受到密切关注——特别是考虑到相对清淡的经济数据和收益日历……</div></blockquote></p><p> <a href=\"https://finance.yahoo.com/news/santa-claus-rally-watch-what-to-know-this-week-142909627.html\">网页链接</a> </div> </p><p><blockquote><a href=\"https://finance.yahoo.com/news/santa-claus-rally-watch-what-to-know-this-week-142909627.html\">网页连接</a></blockquote></p><p></p>","source":"yahoofinance_au","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>Santa Claus Rally watch: What to know this week<blockquote>圣诞老人集会手表:本周须知</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; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSanta Claus Rally watch: What to know this week<blockquote>圣诞老人集会手表:本周须知</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Yahoo Finance</strong><span class=\"h-time small\">2021-12-27 07:00</span>\n</p>\n</h4>\n</header>\n<article>\n<p><div> As traders return from the holiday-shortened week, the price action heading into the new year will be closely monitored — especially given the relatively light economic data and earnings calendar for ...</p><p><blockquote><div>随着交易员从假期缩短的一周归来,进入新的一年的价格走势将受到密切关注——特别是考虑到相对清淡的经济数据和收益日历……</div></blockquote></p><p> <a href=\"https://finance.yahoo.com/news/santa-claus-rally-watch-what-to-know-this-week-142909627.html\">网页链接</a> </div> </p><p><blockquote><a href=\"https://finance.yahoo.com/news/santa-claus-rally-watch-what-to-know-this-week-142909627.html\">网页连接</a></blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源:<a href=\"https://finance.yahoo.com/news/santa-claus-rally-watch-what-to-know-this-week-142909627.html\">Yahoo Finance</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":{"SPY.AU":"SPDR® S&P 500® ETF Trust","FCEL":"燃料电池能源","BK4096":"电气部件与设备","BK4541":"氢能源"},"source_url":"https://finance.yahoo.com/news/santa-claus-rally-watch-what-to-know-this-week-142909627.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2194177239","content_text":"As traders return from the holiday-shortened week, the price action heading into the new year will be closely monitored — especially given the relatively light economic data and earnings calendar for the coming days.\nThe S&P 500 (^GSPC) is entering the period known for ushering in the so-called Santa Claus Rally, or seasonally strong timeframe for stocks at the end of each year.\nThe term, coined by Stock Trader's Almanac in the 1970s, encompasses the final five trading days of the year and first two sessions of the new year. This year, that Santa Claus Rally window is set to start on Monday, Dec. 27 — or the latest a Santa Claus rally has started in 11 years, due to the timing of the holidays this year.\nAccording to data from LPL Financial, the Santa Claus Rally period encapsulates the seven days most likely to be higher in any given year. Since 1950, the Santa Claus Rally period has produced a positive return for the S&P 500 78.9% of the time, with an average return of 1.33%.\n“Why are these seven days so strong?” wrote Ryan Detrick, LPL Financial chief market strategist, in a note. “Whether optimism over a coming new year, holiday spending, traders on vacation, institutions squaring up their books — or the holiday spirit — the bottom line is that bulls tend to believe in Santa.”\nAnd if history is any indication, the absence of a Santa Claus Rally has also typically served as a harbinger of lower near-term returns.\n\"Going back to the mid-1990s, there have been only six times Santa failed to show in December. January was lower five of those six times, and the full year had a solid gain only once (in 2016, but a mini-bear market early in the year),\" Detrick added.\n“Considering the bear markets of 2000 and 2008 both took place after one of the rare instances that Santa failed to show makes believers out of us,\" he said. A bear market typically refers to when stocks drop at least 20% from recent record highs. \"Should this seasonally strong period miss the mark, it could be a warning sign.\"\nAnd this year, investors do have considerable additional concerns to mull heading into the new year. Though stocks closed out Thursday's session at fresh record highs before the long holiday weekend, December still marked a volatile month to start, with renewed concerns over the Omicron variant and the potential for tighter monetary policy from the Federal Reserve weighing on risk assets. Plus, prospects for more near-term fiscal support via the Biden administration's Build Back Better bill have dwindled, and inflation concerns spiked further. Last week, the Bureau of Economic Analysis reported core personal consumption expenditures (PCE) — the Fed's preferred inflation gauge — rose at a 4.7% year-over-year clip, or the fastest since 1983.\n\"If the U.S. was not battling the Omicron variant, U.S. stocks would be dancing higher as the Santa Claus Rally would have kept the climb going into uncharted territory,\" Edward Moya, chief market strategist at OANDA, wrote in a note last week. \"It is too early to say for sure if we will get a Santa Claus Rally, but given all the short-term risks of Fed tightening, Chinese weakness, fiscal support uncertainty and COVID, Wall Street is not complaining.\"\nA man in a Santa Claus costume gestures on the floor at the closing bell of the Dow Industrial Average at the New York Stock Exchange on December 5, 2019 in New York. (Photo by Bryan R. Smith / AFP) (Photo by BRYAN R. SMITH/AFP via Getty Images)BRYAN R. SMITH via Getty Images\nEconomic calendar\n\nMonday: Dallas Federal Reserve Manufacturing Activity Index, Dec. (13.0 expected, 11.8 in November)\nTuesday: FHFA House Price Index, month-over-month, October (0.9% in September); S&P CoreLogic Case-Shiller 20 City Composite Index, month-over-month, October (0.9% expected, 0.96% in September); S&P CoreLogic Case-Shiller 20 City Composite Index, year-over-year, October (18.6%. expected, 19.05% in September); S&P CoreLogic Case-Shiller Home Price Index, year-over-year, November (19.51% in October); Richmond Fed Manufacturing Index, December (11 expected,11 in November)\nWednesday: Wholesale Inventories, month-over-month, November preliminary (1.7% expected, 2.3% in October); Advance Goods Trade Balance, November (-$89.0 billion expected, -$82.9 billion in October); Retail Inventories, month-over-month, November (0.5% expected, 0.1% in October); Pending Home Sales, month-over-month, November (0.5% expected, 7.5% in October)\nThursday: Initial jobless claims, week ended Dec. 25. (205,000 during prior week); Continuing claims, week ended Dec. 18 (1.859 million during prior week); MNI Chicago PMI, December (62.2 expected, 61.8 in November)\nFriday: No notable reports scheduled for release\n\nEarnings calendar\n\nMonday: No notable reports scheduled for release\nTuesday: No notable reports scheduled for release\nWednesday: FuelCell Energy Inc. (FCEL) before market open\nThursday: No notable reports scheduled for release\nFriday: No notable reports scheduled for release","news_type":1,"symbols_score_info":{"FCEL":0.9,"SPY.AU":0.9}},"isVote":1,"tweetType":1,"viewCount":3324,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":698494299,"gmtCreate":1640486083741,"gmtModify":1640486084175,"author":{"id":"3570885355172302","authorId":"3570885355172302","name":"Jstan","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3570885355172302","authorIdStr":"3570885355172302"},"themes":[],"title":"","htmlText":"Like pls","listText":"Like pls","text":"Like 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pls","listText":"Likr pls","text":"Likr pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/693727109","repostId":"1148289841","repostType":4,"repost":{"id":"1148289841","kind":"news","weMediaInfo":{"introduction":"Stock Market Quotes, Business News, Financial News, Trading Ideas, and Stock Research by Professionals","home_visible":0,"media_name":"Benzinga Earnings","id":"1052270027","head_image":"https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa"},"pubTimestamp":1640085374,"share":"https://www.laohunote.com/m/news/1148289841?lang=zh_CN&edition=full","pubTime":"2021-12-21 19:16","market":"us","language":"en","title":"Aldeyra's Dry Eye Disease Candidate Disappoints In Late-Stage Study<blockquote>Aldeyra 的干眼病候选人在后期研究中令人失望</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1148289841","media":"Benzinga Earnings","summary":"Aldeyra Therapeutics Inc reported topline data from Phase 3 TRANQUILITY Trial of reproxalap ophthalm","content":"<p><b>Aldeyra Therapeutics Inc</b> reported topline data from Phase 3 TRANQUILITY Trial of reproxalap ophthalmic solution for dry eye disease.</p><p><blockquote><b>阿尔代拉治疗公司</b>reproxalap滴眼液治疗干眼症的III期TRANQUILITY试验报告的顶线数据。</blockquote></p><p> <ul> <li>The trial failed to meet the primary endpoint of ocular redness, but it did achieve statistical significance for the dry eye disease sign of the Schirmer test, a secondary endpoint.</li> <li>Statistical significance was also achieved for the post-hoc assessment of Schirmer test responders of over 10 mm.</li> <li>The primary endpoint of the upcoming Phase 3 TRANQUILITY-2 trial has been modified such that the endpoint will have been met if either the Schirmer test or ocular redness demonstrates statistical significance.</li> <li>In addition, target enrollment in TRANQUILITY-2 has been increased from 300 to up to 400 patients. The company expects topline results in mid-2022.</li> <li>The company intends to file the marketing application for dry eye disease indication in mid-2022.</li> <li>Application for allergic conjunctivitis, another proposed indication, is expected to occur after the dry eye disease submission and following completion of an additional allergen chamber trial requested by the FDA.</li> <li>No safety signals were observed, and reproxalap was well tolerated; there were no treatment-related discontinuations or moderate or severe adverse events.</li> <li><b>Price Action:</b> ALDX shares are down 38.29% at $4.4 during the premarket session on the last check Tuesday.</li> </ul> <img src=\"https://static.tigerbbs.com/b2918c536ca5a074f762901ace4764fc\" tg-width=\"710\" tg-height=\"614\" width=\"100%\" height=\"auto\"></p><p><blockquote><ul><li>该试验未能满足眼睛发红的主要终点,但对于次要终点Schirmer试验的干眼症体征,它确实达到了统计学意义。</li><li>超过10 mm的Schirmer试验应答者的事后评估也达到了统计学显著性。</li><li>即将进行的III期TRANQUILITY-2试验的主要终点已经修改,如果Schirmer检验或眼睛发红显示统计学意义,则终点将得到满足。</li><li>此外,TRANQUILITY-2 的目标入组人数已从 300 名患者增加到多达 400 名患者。该公司预计将于 2022 年中期公布营收业绩。</li><li>公司拟于2022年年中提交干眼症适应症的上市申请。</li><li>过敏性结膜炎(另一个拟议适应症)的申请预计将在干眼症提交后以及FDA要求的额外过敏原室试验完成后进行。</li><li>未观察到安全性信号,reproxalap耐受性良好;无治疗相关停药或中度或重度不良事件。</li><li><b>价格行为:</b>周二最后一次检查时,ALDX 股价在盘前交易中下跌 38.29%,至 4.4 美元。</li></ul></blockquote></p><p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; 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The company expects topline results in mid-2022.</li> <li>The company intends to file the marketing application for dry eye disease indication in mid-2022.</li> <li>Application for allergic conjunctivitis, another proposed indication, is expected to occur after the dry eye disease submission and following completion of an additional allergen chamber trial requested by the FDA.</li> <li>No safety signals were observed, and reproxalap was well tolerated; there were no treatment-related discontinuations or moderate or severe adverse events.</li> <li><b>Price Action:</b> ALDX shares are down 38.29% at $4.4 during the premarket session on the last check Tuesday.</li> </ul> <img src=\"https://static.tigerbbs.com/b2918c536ca5a074f762901ace4764fc\" tg-width=\"710\" tg-height=\"614\" width=\"100%\" height=\"auto\"></p><p><blockquote><ul><li>该试验未能满足眼睛发红的主要终点,但对于次要终点Schirmer试验的干眼症体征,它确实达到了统计学意义。</li><li>超过10 mm的Schirmer试验应答者的事后评估也达到了统计学显著性。</li><li>即将进行的III期TRANQUILITY-2试验的主要终点已经修改,如果Schirmer检验或眼睛发红显示统计学意义,则终点将得到满足。</li><li>此外,TRANQUILITY-2 的目标入组人数已从 300 名患者增加到多达 400 名患者。该公司预计将于 2022 年中期公布营收业绩。</li><li>公司拟于2022年年中提交干眼症适应症的上市申请。</li><li>过敏性结膜炎(另一个拟议适应症)的申请预计将在干眼症提交后以及FDA要求的额外过敏原室试验完成后进行。</li><li>未观察到安全性信号,reproxalap耐受性良好;无治疗相关停药或中度或重度不良事件。</li><li><b>价格行为:</b>周二最后一次检查时,ALDX 股价在盘前交易中下跌 38.29%,至 4.4 美元。</li></ul></blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"ALDX":"Aldeyra Therapeutics Inc"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1148289841","content_text":"Aldeyra Therapeutics Inc reported topline data from Phase 3 TRANQUILITY Trial of reproxalap ophthalmic solution for dry eye disease.\n\nThe trial failed to meet the primary endpoint of ocular redness, but it did achieve statistical significance for the dry eye disease sign of the Schirmer test, a secondary endpoint.\nStatistical significance was also achieved for the post-hoc assessment of Schirmer test responders of over 10 mm.\nThe primary endpoint of the upcoming Phase 3 TRANQUILITY-2 trial has been modified such that the endpoint will have been met if either the Schirmer test or ocular redness demonstrates statistical significance.\nIn addition, target enrollment in TRANQUILITY-2 has been increased from 300 to up to 400 patients. The company expects topline results in mid-2022.\nThe company intends to file the marketing application for dry eye disease indication in mid-2022.\nApplication for allergic conjunctivitis, another proposed indication, is expected to occur after the dry eye disease submission and following completion of an additional allergen chamber trial requested by the FDA.\nNo safety signals were observed, and reproxalap was well tolerated; there were no treatment-related discontinuations or moderate or severe adverse events.\nPrice Action: ALDX shares are down 38.29% at $4.4 during the premarket session on the last check Tuesday.","news_type":1,"symbols_score_info":{"ALDX":0.9}},"isVote":1,"tweetType":1,"viewCount":1249,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":693339503,"gmtCreate":1639968708104,"gmtModify":1639968866888,"author":{"id":"3570885355172302","authorId":"3570885355172302","name":"Jstan","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3570885355172302","authorIdStr":"3570885355172302"},"themes":[],"title":"","htmlText":"Like pls","listText":"Like pls","text":"Like pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/693339503","repostId":"1183475424","repostType":4,"repost":{"id":"1183475424","kind":"news","pubTimestamp":1639967829,"share":"https://www.laohunote.com/m/news/1183475424?lang=zh_CN&edition=full","pubTime":"2021-12-20 10:37","market":"us","language":"en","title":"Apple Stock: The Strongest Shield Against Rate Hikes<blockquote>苹果股票:抵御加息的最强盾牌</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1183475424","media":"Seeking Alpha","summary":"Summary\n\nWith inflation running its hottest course in 40 years, the Federal Reserve has decided to a","content":"<p><b>Summary</b></p><p><blockquote><b>总结</b></blockquote></p><p> <ul> <li>With inflation running its hottest course in 40 years, the Federal Reserve has decided to accelerate the stimulus tapering schedule and prepare for raising interest rates as early as March.</li> <li>While rate hikes have historically deterred investors from growth stocks due to concerns over eroding valuation prospects, the Apple stock has remained largely resilient.</li> <li>Apple is expected to realize additional upsides ahead, sustained by robust demand for its existing offerings and new opportunities arising from nascent technologies like AR/VR and autonomous vehicles.</li> <li>Its strong net cash position also provides sufficient dry powder to fund additional growth in coming years without incurring additional costs of capital amidst rising interest rates.</li> <li>As such, Apple's bullish thesis remains intact as it approaches a $3 trillion valuation, despite broader market valuation risks ahead.</li> </ul> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/fdf73ac36a98ce54b343c7e6b613f4d9\" tg-width=\"1536\" tg-height=\"1024\" width=\"100%\" height=\"auto\"><span>guvendemir/iStock Unreleased via Getty Images</span></p><p><blockquote><ul><li>随着通胀处于40年来最热的阶段,美联储决定加快刺激缩减时间表,并准备最早在3月份加息。</li><li>尽管由于担心估值前景恶化,加息历来会阻止投资者购买成长型股票,但苹果股票在很大程度上仍然具有弹性。</li><li>在对其现有产品的强劲需求以及 AR/VR 和自动驾驶汽车等新兴技术带来的新机遇的支持下,苹果预计将在未来实现额外的上涨空间。</li><li>其强劲的净现金状况也提供了足够的干粉来为未来几年的额外增长提供资金,而不会在利率上升的情况下产生额外的资本成本。</li><li>因此,尽管未来存在更广泛的市场估值风险,但苹果的看涨论点在其估值接近 3 万亿美元时仍然完好无损。</li></ul><p class=\"t-img-caption\"><span>guvendemir/iStock 未通过 Getty Images 发布</span></p></blockquote></p><p> As one of the world’s best performing stocks, Apple(NASDAQ:AAPL) has gained close to 40% this year. The stock, which last peaked at $182.13 not too long ago, is currently less than 7% from being the first U.S. publicly listed company to reach a $3 trillion market value and single-handedly accounts for about 15% of the tech-heavy Nasdaq 100’s performance. Apple’s market value has grown by more than 220x since the late 1990s, buoyed by the company’s continuous ability to capture robust demand for its innovative portfolio of products and services.</p><p><blockquote>作为全球表现最好的股票之一,苹果(纳斯达克股票代码:AAPL)今年上涨了近 40%。该股不久前曾触及 182.13 美元的最高点,目前距离成为第一家市值达到 3 万亿美元的美国上市公司还不到 7%,单枪匹马就占据了以科技股为主的纳斯达克 100 指数业绩的约 15%。自 20 世纪 90 年代末以来,苹果的市值增长了 220 多倍,这得益于该公司持续能够抓住对其创新产品和服务组合的强劲需求。</blockquote></p><p> And Apple’s strong fundamentals are expected to help the stock defy adverse impacts from the imminent rate hikes beginning next year. With inflation running at its hottest in almost four decades, the Federal Reserve decided Wednesday that it will increase the pace at which it is dialing back on the $120 billion monthly bond repurchasing program from $15 billion per month, which began in November, to $30 billion per month. This would effectively conclude the stimulus program, put in place at the onset of the pandemic, coming March, rather than in July as initially planned. Rate hikes are expected to begin soon after to counter rising price pressures, with Federal Reserve Chair Jerome Powell affirming that the process will only begin after tapering ends and at a gradual pace. The latest dot plot indicates potential for the Federal Fund Rate to lift-off from near-zero beginning early 2022 with three quarter-point increases, plus another three in 2023 and two more in 2024. If materialized, the process would up the funds rate to 2.1% by 2024.</p><p><blockquote>苹果强劲的基本面有望帮助该股抵御明年开始即将加息带来的不利影响。随着通胀达到近四十年来的最高点,美联储周三决定加快每月 1200 亿美元债券回购计划的步伐,从 11 月开始的每月 150 亿美元降至每月 300 亿美元。这将有效地结束疫情爆发时实施的刺激计划,即明年3月,而不是最初计划的7月。加息预计将很快开始,以应对不断上升的价格压力,美联储主席杰罗姆·鲍威尔确认,这一过程只有在缩减规模结束后才会开始,并且步伐渐进。最新的点阵图表明,联邦基金利率有可能从 2022 年初的接近于零的水平上升,并上调三个四分之一点,2023 年再上调三个四分之一点,2024 年再上调两个。如果实现,到 2024 年,这一过程将把基金利率提高到 2.1%。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/2ef3ca2d04c1b55a465e12bfae79890e\" tg-width=\"640\" tg-height=\"315\" width=\"100%\" height=\"auto\"><span>Source: Bloomberg</span></p><p><blockquote><p class=\"t-img-caption\"><span>资料来源:彭博社</span></p></blockquote></p><p> While rate hikes typically cause investors to turn risk averse due to concerns over faster erosion of value on future gains and stalled business growth due to rising costs of capital, especially for high-growth stocks, Apple gained close to 3% upon release of the Fed’s update on policy tightening. The stock closed at $179.30 on December 15th, nearing its peak of $182 on Monday. Apple’s rally, along with similar uptrends observed across other mega-cap tech stocks, accordingly drove intra-day gains of 2.4% for the Nasdaq 100 following the Federal Reserve’s update, indicating investors’ preference to park their money in companies with robust growth prospects to counter risks from the impending rate increases.</p><p><blockquote>虽然加息通常会导致投资者规避风险,因为他们担心未来收益的价值会更快地受到侵蚀,而且由于资本成本上升(尤其是高增长股票)导致业务增长停滞,但在美联储发布紧缩政策的最新消息后,苹果股市上涨了近3%。该股12月15日收于179.30美元,接近周一182美元的峰值。在美联储发布最新消息后,苹果的反弹以及其他大型科技股的类似上升趋势相应地推动了纳斯达克 100 指数盘中上涨 2.4%,这表明投资者更倾向于将资金投入增长前景强劲的公司,以应对即将加息带来的风险。</blockquote></p><p> With the coming holiday season a boon for Apple’s December-quarter sales, the stock’s valuation is expected to enter in the $3 trillion territory sooner than expected. Continued robust demand observed across Apple’s entire product line, generous share buy-backs, and additional revenue contributions expected within the foreseeable future resulting from new, cutting-edge products will also be key catalysts to support the company’s persistently strong fundamentals and keep the stock’s valuation above $3 trillion despite the impending rate hikes. Considering recent developments to the broader market and Apple’s growth prospects, we are raising our 12-month price target for the stock to $209.43.</p><p><blockquote>随着即将到来的假日季对苹果 12 月季度的销售额有利,该股估值预计将比预期更早进入 3 万亿美元大关。苹果整个产品线的持续强劲需求、慷慨的股票回购,以及预计在可预见的未来,新的尖端产品将带来额外的收入贡献,也将成为支撑公司持续强劲基本面的关键催化剂,并在即将加息的情况下将使股票估值保持在 3 万亿美元以上。考虑到大盘的近期发展和苹果的增长前景,我们将该股的 12 个月目标价上调至 209.43 美元。</blockquote></p><p> <b>FY 2021 Overview and Recap of Fundamental Prospects</b></p><p><blockquote><b>2021财年概述及基本前景回顾</b></blockquote></p><p></p><p> Fiscal 2021 was a big year for Apple. The company’s revenues for the year grew 33% from fiscal 2020 to $366 billion, despite on-and-off store closures resulting from recurring coronavirus outbreaks and supply chain constraints that have led to more than $9 billion in lost sales. Every product and service segment achieved record-setting revenues with more than 20% growth from previous year results. Much of the year’s success were attributable to a series of new product launches and feature upgrades. The most notable of which included the 5G-enabled family of iPhone 12s and iPhone 13s, as well as the M1-powered MacBook Pro and iPad Pro.</p><p><blockquote>2021财年对苹果来说是重要的一年。尽管冠状病毒反复爆发和供应链限制导致门店断断续续关闭,导致销售额损失超过 90 亿美元,但该公司全年的收入比 2020 财年增长了 33%,达到 3660 亿美元。每个产品和服务部门都实现了创纪录的收入,比上一年的业绩增长了20%以上。今年的成功很大程度上归功于一系列新产品的发布和功能的升级。其中最引人注目的包括支持5G的iPhone 12s和iPhone 13s系列,以及支持M1的MacBook Pro和iPad Pro。</blockquote></p><p> <b>Key Developments in Products</b></p><p><blockquote><b>产品的主要发展</b></blockquote></p><p> iPhone sales grew by 39% this year, the most amongst other segments, and drove more than half of Apple’s fiscal 2021 revenues. The results were a stark contrast to last year’s slump in demand for the mobile device when consumers braced for pandemic-driven economic uncertainties. iPhone sales are expected to remain robust in coming years as global 5G device upgrades continue to gather pace. The likely launch of a more affordable 5G-enabled iPhone SE in 2022 is also expected to further Apple’s market share gains by attracting switchers from “more than a billion non-premium Android users”, and drive the active installed base to another all-time high. The anticipated momentum is further corroborated by iPhone sales patterns observed in recent quarters following the launch of 5G-enabled iPhone 12s and iPhone 13s, where the number of upgraders and switchers grew by strong double digits. Apple’s strong ties with cell-phone carriers is also expected to drive meaningful iPhone sales contributions in coming years. Reputable wireless carriers in the U.S. like Verizon and AT&T have already been keen on promoting the sale of 5G-enabled devices like the iPhone 12 and iPhone 13 to encourage migration to the 5G network that they have spent billions of dollars on building across the nation. Telecom companies around the world are expected to spend more than $700 billion over the next five years on building-out the 5G network, underscoring significant additional growth opportunities ahead for the iPhone segment as carriers push for the strongest multiyear upgrade cycle in a decade to recoup their investments.</p><p><blockquote>iPhone 今年的销量增长了 39%,是其他细分市场中增长最快的,并贡献了苹果 2021 财年一半以上的收入。这一结果与去年移动设备需求的下滑形成了鲜明对比,当时消费者正在为大流行病带来的经济不确定性做好准备。随着全球5G设备升级步伐不断加快,iPhone销售预计将在未来几年保持强劲。2022 年可能会推出更实惠的支持 5G 的 iPhone SE,这也将吸引 “超过 10 亿非高端安卓用户 ”的转换用户,从而进一步扩大苹果的市场份额,并将活跃安装基数推向历史新高。在支持 5G 的 iPhone 12s 和 iPhone 13s 推出后,最近几个季度观察到的 iPhone 销售模式进一步证实了预期的势头,升级和切换用户的数量强劲增长了两位数。苹果与手机运营商的紧密联系预计也将在未来几年推动 iPhone 的销售贡献。威瑞森和美国电话电报公司等美国知名无线运营商已经热衷于促进iPhone 12和iPhone 13等支持5G的设备的销售,以鼓励向他们花费数十亿美元在全国范围内建设的5G网络迁移。预计全球电信公司将在未来五年内花费超过7000亿美元建设5G网络,这凸显了随着运营商推动十年来最强劲的多年升级周期以收回投资,iPhone领域未来的巨大增长机会。</blockquote></p><p> Mac and iPad sales also grew significantly in fiscal 2021, reaching record revenues of $35.2 billion and $31.9 billion, respectively. Following the introduction of the all-new M1-powered iMac earlier this year, Apple also unveiled the reimagined M1-Pro / M1-Max powered MacBook Pro in October. The custom M1 processors made the newest MacBook “better than any Intel-based device for nearly every productivity use case outside of gaming”. This accordingly drove incredible demand for the portable workstation from a diverse group of consumers, ranging from professional creators and photographers to corporate users and students. The company is estimated to have shipped over 3.2 million units of Mac products during the September quarter, which drove record-setting revenues for the segment, while boosting its rank in global PC sales to fourth place amongst other vendors. The introduction of M1-processors in Apple’s computing products also bolstered its position in capitalizing on the surge in global demand for PCs and multi-purpose tablets by allowing the company to build devices with innovative features that can be seamlessly integrated across its ecosystem of peripheral accessories and services to draw adjacent revenues. With accelerated adoption of hybrid work and study arrangements in the post-pandemic era, global demand for portable workstations like PCs and multi-purpose tablets are expected to remain elevated in coming years – the sectors are expected to grow into a $224.3 billion and$600 billion market, respectively, by 2025, which makes favorable trends for Apple’s Mac and iPad segments.</p><p><blockquote>Mac 和 iPad 销量在 2021 财年也大幅增长,收入分别达到创纪录的 352 亿美元和 319 亿美元。继今年早些时候推出全新M1驱动的iMac后,苹果还在10月份推出了重新设计的M1-Pro/M1-Max驱动的MacBook Pro。定制的 M1 处理器使最新的 MacBook “在游戏以外的几乎所有生产力用例上都优于任何基于英特尔的设备”。这相应地推动了不同消费者群体对便携式工作站的巨大需求,从专业创作者和摄影师到企业用户和学生。据估计,该公司在 9 月份季度的 Mac 产品出货量超过 320 万台,推动了该部门创纪录的收入,同时将其在全球 PC 销量中的排名提升至其他供应商的第四位。在苹果的计算产品中引入 M1 处理器也巩固了其在利用全球对 PC 和多功能平板电脑需求激增的优势方面的地位,使该公司能够制造具有创新功能的设备,这些设备可以在其外围配件和服务生态系统中无缝集成,从而吸引相关收入。随着后大流行病时代混合工作和学习安排的加速采用,预计未来几年全球对个人电脑和多功能平板电脑等便携式工作站的需求将保持高位--到 2025 年,这两个行业的市场预计将分别增长到 2,243 亿美元和 6,000 亿美元,这将为苹果的 Mac 和 iPad 细分市场带来有利趋势。</blockquote></p><p> Recent speculations on Apple’s intentions to strengthen its in-house chip development capacity will likely further the advancement of its technologies offered in coming years and draw additional demand to its products. The company is currently looking for engineers to build-out its capacity in the development of “wireless radios, radio-frequency integrated circuits, and a wireless system-on-chip (“SoC”)”, as well as “semiconductors for connecting Bluetooth and Wi-Fi”. These developments are expected to further enhance seamless integration across Apple’s devices and increase stickiness to its ecosystem of product and service offerings, making its chip unit one of the company’s “most prized assets”.</p><p><blockquote>最近有猜测称,苹果有意加强其内部芯片开发能力,这可能会在未来几年进一步推动其技术的进步,并吸引对其产品的更多需求。该公司目前正在寻找工程师,以增强其在 “无线收音机、射频集成电路和无线片上系统(“SoC”)”以及 “用于连接蓝牙和 Wi-Fi 的半导体”方面的开发能力。这些发展有望进一步增强苹果设备之间的无缝集成,并增加其产品和服务生态系统的粘性,使其芯片部门成为公司 “最宝贵的资产 ”之一。</blockquote></p><p> <b>Key Developments in Services</b></p><p><blockquote><b>服务的主要发展</b></blockquote></p><p></p><p> On the services front, a strong subscriber base had enabled the segment to hit record-setting revenues of more than $68.4 billion in fiscal 2021, up 27% from the prior year. To date, Apple has garnered more than 745 million paid subscribers across its high-margin service offerings, representing a five-fold increase over the last five years. Apple’s increasing push for a subscription-based business model across its wide variety of service platforms, ranging from Apple Music to iCloud storage solutions, paired with attractive new offerings that address key consumer trends in recent years have been a key driver to the company’s fast-expanding margins. New exciting add-on features introduced for existing service platforms include Spatial Audio and Lossless Audiofor Apple Music and the Apple Music Voice Plan. The new subscription-based offerings are expected to further Apple’s reach to adjacent opportunities stemming from increasing global usage of smartphones, laptops and other advanced home electronic products – for instance, the global music streaming market is expected to expand at a CAGR of 16% towards a projected value of $61 billion over the next five years, underscoring significant growth headroom for Apple Music. And Apple’s latest introduction of the Apple One bundle is expected to be a key contributor to furthering service segment sales in coming years by attracting new users to pay for subscription services that they otherwise would not have had it not been for the bundle discounts.</p><p><blockquote>在服务方面,强大的用户群使该部门在 2021 财年的收入创下了超过 684 亿美元的纪录,比上一年增长了 27%。迄今为止,苹果通过其高利润服务产品获得了超过 7.45 亿付费用户,比过去五年增长了五倍。苹果在其从苹果音乐到 iCloud 存储解决方案等各种服务平台上不断推行基于订阅的商业模式,再加上近年来针对主要消费趋势的有吸引力的新产品,一直是该公司利润率快速增长的关键驱动力。为现有服务平台引入的令人兴奋的新附加功能包括苹果音乐的空间音频和无损音频以及苹果音乐语音计划。新的基于订阅的产品有望进一步扩大苹果对智能手机、笔记本电脑和其他先进家用电子产品全球使用量不断增加所带来的邻近机遇的影响力--例如,全球音乐流媒体市场预计将在未来五年内以 16% 的复合年增长率扩大,预计价值将达到 610 亿美元,这凸显了苹果音乐的巨大增长空间。苹果最新推出的苹果 One 捆绑包预计将在未来几年吸引新用户为订阅服务付费,而如果不是捆绑包折扣,他们是不会购买这些服务的。</blockquote></p><p> Continued growth in market demand for mobile applications will also be a boon to Apple’s fast-growing services segment. The global market for mobile applications is expected to grow at a CAGR of 18.4% and reach a market value of more than $400 billion over the next five years. With AAPL hosting one of the largest and most used app stores in the world, it would be reasonable to assume that related revenues would grow at a similar pace. Despite mounting global regulatory scrutiny over Apple’s alleged antitrust violations with its App Store – the most notable of which stemming from an ongoing legal battle with Epic Games– the company’s continued focus on ensuring user privacy, security, and ease of transactions might have saved the day. According to a survey of 4,000 Apple product users performed by Morgan Stanley across the U.S. and China, most have indicated loyalty to Apple’s App store due to the “value of security, privacy and ease of transactions” provided, despite developers pushing for rights to transact outside of Apple’s ecosystem. Apple’s recent success in delaying App Store changes ordered by U.S. District Judge Yvonne Gonzalez Rogers in September as part of a year-long lawsuit brought against by Epic Games is another sign of the App Store’s continued strength. The company has argued that the court-mandated order to allow App Store users to “buy directly from developers on the web” would be a threat to the security of their privacy.</p><p><blockquote>移动应用市场需求的持续增长也将有利于苹果快速增长的服务部门。全球移动应用市场预计将以18.4%的CAGR增长,未来五年市值将超过4000亿美元。由于 AAPL 拥有世界上最大、使用最广泛的应用商店之一,因此可以合理地假设相关收入将以类似的速度增长。尽管全球监管机构对苹果的 App Store 涉嫌违反反垄断规定的审查越来越多--其中最引人注目的是与 Epic Games 正在进行的法律诉讼--但该公司继续专注于确保用户隐私、安全和交易便利性可能已经挽救了局面。根据摩根士丹利在美国和中国大陆对 4000 名苹果产品用户进行的调查,大多数人对苹果的应用商店表示忠诚,因为该商店提供了 “安全、隐私和易于交易的价值”,尽管开发者正在推动在苹果生态系统之外进行交易。苹果最近成功推迟了美国地区法官伊冯娜-冈萨雷斯-罗杰斯(Yvonne Gonzalez Rogers)9 月份下令对 App Store 进行的更改,这是 Epic Games 对其提起长达一年的诉讼的一部分,这也是 App Store 持续强大的又一迹象。该公司辩称,法院下令允许 App Store 用户 “直接从网络上的开发者那里购买 ”,这将对他们的隐私安全构成威胁。</blockquote></p><p> Currently, developers are fighting for their rights to have app users transact outside of Apple’s ecosystem, which charges developers a hefty commission fee of up to 30% on all purchases. As Apple continues with its appeal of the ruling, the ultimate court decision on whether App Store changes would need to be implemented could take at least another year. But even with an unfavorable ruling, where Apple would have to allow developers to redirect users to payments outside of its ecosystem and/or lower its in-app purchase commission rate, App Store revenues are only expected to decrease by at most $4 billion per year which will not place a material impact on its valuation prospects. The actual quantified impact might even be less than what the market has forecasted, considering the value that App Store users have ascribed to the level of security and convenience that Apple has offered through the platform.</p><p><blockquote>目前,开发者正在争取让应用程序用户在苹果生态系统之外进行交易的权利,该生态系统向开发者收取高达 30% 的高额佣金。随着苹果继续对该裁决提出上诉,法院关于是否需要实施 App Store 变更的最终裁决可能至少还需要一年时间。但即使做出不利的裁决,苹果将不得不允许开发者将用户重定向到其生态系统之外的支付和/或降低其应用内购买佣金率,App Store的收入预计每年最多也只会减少40亿美元,这不会对其估值前景产生重大影响。考虑到 App Store 用户对苹果通过该平台提供的安全性和便利性水平的重视,实际量化影响甚至可能低于市场预测。</blockquote></p><p> <b>Key Catalysts Ahead</b></p><p><blockquote><b>未来的关键催化剂</b></blockquote></p><p></p><p> Apple is undoubtedly a key gateway to bringing emerging technologies to the mainstream due to its massive installed base of devices and related service platform users. And because of this, the highly anticipated launch of cutting-edge products like AR/VR headsets and autonomous vehicles in coming years will likely catapult the stock to new heights. The pioneer of disruptive consumer electronics and devices is expected to launch a VR headset and AR glasses by early 2023, a nascent technology that has been picking up steam in recent months with increasing talks of the metaverse. Similar to most VR headsets already available in the market, Apple’s will feature a 3D display to enable an immersive environment for a variety of activities from gaming to communicating. The differentiating factor will be the company’s plans to implement best-in-class graphics chips in the device to facilitate ultra-high-resolution displays. The impending VR headset will ultimately lay the foundation for its AR glasses, which Apple expects to be the “larger opportunity”.</p><p><blockquote>由于其庞大的设备安装基数和相关服务平台用户,苹果无疑是将新兴技术带入主流的关键门户。正因为如此,未来几年备受期待的AR/VR耳机和自动驾驶汽车等尖端产品的推出可能会将该股推向新的高度。这家颠覆性消费电子产品和设备的先驱预计将于 2023 年初推出 VR 耳机和 AR 眼镜,这项新兴技术近几个月来随着有关元宇宙的讨论越来越多,势头强劲。与市场上已有的大多数 VR 头显类似,苹果的 VR 头显将采用 3D 显示屏,为从游戏到交流等各种活动提供身临其境的环境。该公司计划在设备中采用一流的图形芯片,以实现超高分辨率显示屏。即将推出的 VR 头显最终将为其 AR 眼镜奠定基础,苹果预计这将是 “更大的机会”。</blockquote></p><p> Over the next five years, opportunities pertaining to the metaverse are expected to blossom into an $800 billion market. Related software and service sales are expected to drive more than 70% of the projected addressable market, while the remainder will likely be driven by hardware sales. This makes strong tailwinds for Apple, which does not only stand to capitalize on growing metaverse opportunities through the sale of its impending AR/VR headset, but also adjacent revenues pertaining to the usage of related apps, software and service platforms.</p><p><blockquote>未来五年,与元宇宙相关的机会预计将发展成为一个价值 8000 亿美元的市场。相关软件和服务销售预计将推动预计潜在市场的 70% 以上,而其余部分可能由硬件销售推动。这为苹果带来了强劲的推动力,该公司不仅可以通过销售即将推出的 AR/VR 耳机来利用不断增长的元宇宙机会,还可以利用与使用相关应用程序、软件和服务平台相关的相关收入。</blockquote></p><p> Speculations on Apple’s ongoing development of a self-driving electric car is also expected to materialize into meaningful upsides for the stock within the foreseeable future. The company is now planning to launch the new product category by 2025, at which time the global autonomous vehicle market is expected to reach a value of more than $200 billion. The eventual car will likely feature homages to its existing product portfolio, like an “iPad-like touch screen” infotainment system. And on the technology front, Apple is believed to have completed the development of a custom silicon for powering the vehicle’s autonomous driving capabilities. The newest chips will soon be implemented into its existing fleet of retrofitted SUVs for testing in California according to the state’s DMV, a sign that the impending launch is near.</p><p><blockquote>在可预见的未来,关于苹果正在开发自动驾驶电动汽车的猜测也有望为该股带来有意义的上涨空间。该公司目前计划在2025年前推出新产品类别,届时全球自动驾驶汽车市场价值预计将超过2000亿美元。最终推出的汽车很可能会向其现有的产品组合致敬,比如 “类似 iPad 的触摸屏 ”信息娱乐系统。在技术方面,据信苹果已经完成了为汽车自动驾驶功能提供动力的定制硅的开发。据加州车管所称,最新芯片将很快应用于其现有的改装 SUV 车队,以便在加州进行测试,这表明即将推出的芯片即将到来。</blockquote></p><p> While Apple’s current market value may already be reflective of “consistent material revenue contributions from new products and services over time”, additional upsides from the above-mentioned new product category launches are still missing. But this will likely change within the next 12 months as the impending launch of an Apple AR/VR device draws near. Near-term projections on early AR/VR device sales are expected to boost Apple’s valuation by at least $150 billion. And over time when metaverse trends continue to gain mainstream traction, Apple is expected to generate more than $200 billion in annual revenues from the AR/VR segment, which could add another 15% on top of its current market value.</p><p><blockquote>虽然苹果目前的市值可能已经反映了 “随着时间的推移,新产品和服务对收入的持续贡献”,但上述新产品类别的推出仍未带来额外的好处。但随着苹果AR/VR设备即将推出,这种情况可能会在未来12个月内发生变化。对早期 AR/VR 设备销售的近期预测预计将使苹果的估值至少提高 1500 亿美元。随着时间的推移,随着元宇宙趋势继续获得主流牵引力,苹果预计将从 AR/VR 领域产生超过 2000 亿美元的年收入,这可能会在其当前市值的基础上再增加 15%。</blockquote></p><p> <b>Valuation Prospects and Potential Impacts from the Impending Rate Increases</b></p><p><blockquote><b>即将加息的估值前景和潜在影响</b></blockquote></p><p> Adjusting our most recent forecast for Apple’s fiscal 2021 year-end results and December-quarter guidance, our base case projection estimates total net sales of $439.3 billion by the end of fiscal 2022, with further growth towards $668.5 billion by fiscal 2026. The growth assumptions applied across segment revenues in our forecast remains largely unchanged from our most recent analysis on the stock, with additional consideration for management’s near-term outlook on supply constraint impacts and the impending rate hikes. Specifically, lost revenues of $9 billion (i.e. approximately $3 billion during June-quarter and $6 billion during September-quarter) attributable to industry-wide chip shortages and pandemic-driven manufacturing delays during the second half of fiscal 2021 is expected to worsen into the first half of fiscal 2022. While there have been observed improvements to supply chain challenges, continuously robust demand for Apple products is what will drive a higher volume of lost sales in coming quarters. Nonetheless, Apple remains well-positioned for strong fundamentals ahead, which will help to alleviate some of investors’ concerns on valuation due to impending rate hikes.</p><p><blockquote>调整我们对苹果 2021 财年年终业绩和 12 月份季度指引的最新预测后,我们的基本案例预测预计到 2022 财年末,净销售总额将达到 4393 亿美元,到 2026 财年将进一步增长至 6685 亿美元。在我们的预测中,各部门收入的增长假设与我们最近对该股的分析基本保持不变,但还额外考虑了管理层对供应紧张影响和即将加息的近期展望。具体来说,2021 财年下半年全行业芯片短缺和大流行导致的制造延误造成的 90 亿美元收入损失(即 6 月份季度约 30 亿美元,9 月份季度约 60 亿美元)预计将恶化到 2022 财年上半年。虽然供应链挑战有所改善,但对苹果产品的持续强劲需求将推动未来几个季度销售额的增加。尽管如此,苹果未来的基本面依然强劲,这将有助于缓解投资者因即将加息而对估值的一些担忧。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/b5aa95136cfca6f95b962ea36eadab74\" tg-width=\"640\" tg-height=\"257\" width=\"100%\" height=\"auto\"></p><p><blockquote></blockquote></p><p> <i>i. Base Case Financial Projections:</i></p><p><blockquote><i>i. 基本情况财务预测:</i></blockquote></p><p></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/6585b165abd25fab7d171dd944d05156\" tg-width=\"640\" tg-height=\"316\" width=\"100%\" height=\"auto\"><span>Source: Author, with data from our internal financial forecast (Apple_-_Forecasted_Financial_Information.pdf). Please refer here for further detail on material growth assumptions applied.</span></p><p><blockquote><p class=\"t-img-caption\"><span>资料来源:作者,数据来自我们的内部财务预测(Apple_-_Forecasted_Financial_Information.pdf)。有关应用的重大增长假设的进一步详情,请参阅此处。</span></p></blockquote></p><p> Drawing on the above considerations, our 12-month price target for the Apple stock has been revised to $209.43. This represents upside potential of more than 22% based on the last traded price of $171.14 on December 17th.</p><p><blockquote>基于上述考虑,我们对苹果股票的 12 个月目标价已修正至 209.43 美元。根据 12 月 17 日最后交易价格 171.14 美元计算,这意味着超过 22% 的上涨潜力。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/e88e904b5b900fbcdf4541d856570e2d\" tg-width=\"640\" tg-height=\"230\" width=\"100%\" height=\"auto\"><span>Source: Author, with data from our internal valuation analysis.</span></p><p><blockquote><p class=\"t-img-caption\"><span>资料来源:作者,数据来自我们的内部估值分析。</span></p></blockquote></p><p> The revised price target is derived using a discounted cash flow (“DCF”) analysis over a ten-year discrete period in conjunction with the financial projections updated for Apple’s recent developments as analyzed in earlier sections. Similar to our original valuation analysis, we have applied a WACC of 8% to discount Apple’s projected free cash flows. The discount function is reflective of the company’s risk profile, taking into consideration its current capital structure and strong balance sheet. Apple’s cost of capital for growth is not expected to change significantly as a result of the impending rate hikes, considering a large portion of its existing debt are fixed-rate notes. The company also boasts a consistently robust net cash position, in which management intends to deploy towards additional growth without having to incur incremental capital costs ahead of interest rate increases. This is expected to further cement investors’ confidence in the Apple stock, as they continue their “flight to quality” amidst fear of broader market pressure from rising interest rates.</p><p><blockquote>修订后的价格目标是使用十年离散期间的贴现现金流(“DCF”)分析,结合前面章节分析的苹果近期发展的最新财务预测得出的。与我们最初的估值分析类似,我们采用了 8% 的 WACC 来贴现苹果的预计自由现金流。考虑到公司目前的资本结构和稳健的资产负债表,贴现函数反映了公司的风险状况。考虑到苹果现有债务中有很大一部分是固定利率票据,预计其增长的资本成本不会因即将加息而发生重大变化。该公司还拥有持续强劲的净现金状况,管理层打算在利率上升之前部署额外增长,而不必承担额外的资本成本。预计这将进一步增强水泥投资者对苹果股票的信心,因为他们在担心利率上升会带来更广泛的市场压力的情况下,继续 “向优质方向飞奔”。</blockquote></p><p> The valuation analysis also assumes an exit multiple of 19.8x, which is consistent with current market expectations on Apple’s growth trajectory over the forecasted period. The applied exit multiple assumption could even improve further within the next 12 months, considering the impending launch of new product segments like AR/VR devices and autonomous vehicles, and offset any potential impacts from the upcoming increases to interest rates.</p><p><blockquote>估值分析还假设退出倍数为 19.8 倍,这与当前市场对苹果在预测期内增长轨迹的预期一致。考虑到AR/VR设备和自动驾驶汽车等新产品细分市场即将推出,所应用的退出倍数假设甚至可能在未来12个月内进一步改善,并抵消即将到来的加息带来的任何潜在影响。</blockquote></p><p> <i>i. Base Case Valuation Analysis:</i></p><p><blockquote><i>一、基本案例估值分析:</i></blockquote></p><p> <img src=\"https://static.tigerbbs.com/81f992ef8b2b59ea879f69a7b1e7ad52\" tg-width=\"640\" tg-height=\"300\" width=\"100%\" height=\"auto\"></p><p><blockquote></blockquote></p><p> <i>ii. Sensitivity Analysis:</i></p><p><blockquote><i>ii.敏感性分析:</i></blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/da8b21dae04fd263929ab26bd8d83907\" tg-width=\"640\" tg-height=\"337\" width=\"100%\" height=\"auto\"><span>Source: Author, with data from our internal valuation analysis.</span></p><p><blockquote><p class=\"t-img-caption\"><span>资料来源:作者,数据来自我们的内部估值分析。</span></p></blockquote></p><p> <b>Conclusion</b></p><p><blockquote><b>结论</b></blockquote></p><p> Based on the foregoing analysis, the anticipated addition of 175 to 200 basis points to the current near-zero Federal Fund Rate over the next two years is not expected to cause material adverse impacts to Apple’s performance from both a fundamental and valuation perspective. Robust global demand for Apple products and services, paired with new innovations are expected to further bolster the company’s fundamental growth prospects. This would accordingly bring additional improvements to Apple’s balance sheet, and further strengthen its position against downward valuation pressures from broader macro headwinds. In fact, increasing demand for quality growth stocks to counter risks resulting from the impending rate hikes might even fuel Apple’s valuation growth momentum. On these considerations, Apple remains one of the best-performing tech stocks to own given its robust uptrend to $3 trillion in the near-term despite impending rate hikes.</p><p><blockquote>根据上述分析,从基本面和估值角度来看,预计未来两年在目前接近于零的联邦基金利率基础上增加 175 至 200 个基点,预计不会对苹果的业绩造成重大不利影响。全球对苹果产品和服务的强劲需求,加上新的创新,预计将进一步提振公司的基本增长前景。因此,这将进一步改善苹果的资产负债表,并进一步加强其抵御更广泛宏观逆风带来的估值下行压力的地位。事实上,为应对即将加息带来的风险,对优质成长型股票的需求不断增加,甚至可能推动苹果的估值增长势头。出于这些考虑,尽管即将加息,但苹果仍然是表现最好的科技股之一,因为其近期仍呈现强劲上升趋势,达到 3 万亿美元。</blockquote></p><p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Apple Stock: The Strongest Shield Against Rate Hikes<blockquote>苹果股票:抵御加息的最强盾牌</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; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nApple Stock: The Strongest Shield Against Rate Hikes<blockquote>苹果股票:抵御加息的最强盾牌</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Seeking Alpha</strong><span class=\"h-time small\">2021-12-20 10:37</span>\n</p>\n</h4>\n</header>\n<article>\n<p><b>Summary</b></p><p><blockquote><b>总结</b></blockquote></p><p> <ul> <li>With inflation running its hottest course in 40 years, the Federal Reserve has decided to accelerate the stimulus tapering schedule and prepare for raising interest rates as early as March.</li> <li>While rate hikes have historically deterred investors from growth stocks due to concerns over eroding valuation prospects, the Apple stock has remained largely resilient.</li> <li>Apple is expected to realize additional upsides ahead, sustained by robust demand for its existing offerings and new opportunities arising from nascent technologies like AR/VR and autonomous vehicles.</li> <li>Its strong net cash position also provides sufficient dry powder to fund additional growth in coming years without incurring additional costs of capital amidst rising interest rates.</li> <li>As such, Apple's bullish thesis remains intact as it approaches a $3 trillion valuation, despite broader market valuation risks ahead.</li> </ul> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/fdf73ac36a98ce54b343c7e6b613f4d9\" tg-width=\"1536\" tg-height=\"1024\" width=\"100%\" height=\"auto\"><span>guvendemir/iStock Unreleased via Getty Images</span></p><p><blockquote><ul><li>随着通胀处于40年来最热的阶段,美联储决定加快刺激缩减时间表,并准备最早在3月份加息。</li><li>尽管由于担心估值前景恶化,加息历来会阻止投资者购买成长型股票,但苹果股票在很大程度上仍然具有弹性。</li><li>在对其现有产品的强劲需求以及 AR/VR 和自动驾驶汽车等新兴技术带来的新机遇的支持下,苹果预计将在未来实现额外的上涨空间。</li><li>其强劲的净现金状况也提供了足够的干粉来为未来几年的额外增长提供资金,而不会在利率上升的情况下产生额外的资本成本。</li><li>因此,尽管未来存在更广泛的市场估值风险,但苹果的看涨论点在其估值接近 3 万亿美元时仍然完好无损。</li></ul><p class=\"t-img-caption\"><span>guvendemir/iStock 未通过 Getty Images 发布</span></p></blockquote></p><p> As one of the world’s best performing stocks, Apple(NASDAQ:AAPL) has gained close to 40% this year. The stock, which last peaked at $182.13 not too long ago, is currently less than 7% from being the first U.S. publicly listed company to reach a $3 trillion market value and single-handedly accounts for about 15% of the tech-heavy Nasdaq 100’s performance. Apple’s market value has grown by more than 220x since the late 1990s, buoyed by the company’s continuous ability to capture robust demand for its innovative portfolio of products and services.</p><p><blockquote>作为全球表现最好的股票之一,苹果(纳斯达克股票代码:AAPL)今年上涨了近 40%。该股不久前曾触及 182.13 美元的最高点,目前距离成为第一家市值达到 3 万亿美元的美国上市公司还不到 7%,单枪匹马就占据了以科技股为主的纳斯达克 100 指数业绩的约 15%。自 20 世纪 90 年代末以来,苹果的市值增长了 220 多倍,这得益于该公司持续能够抓住对其创新产品和服务组合的强劲需求。</blockquote></p><p> And Apple’s strong fundamentals are expected to help the stock defy adverse impacts from the imminent rate hikes beginning next year. With inflation running at its hottest in almost four decades, the Federal Reserve decided Wednesday that it will increase the pace at which it is dialing back on the $120 billion monthly bond repurchasing program from $15 billion per month, which began in November, to $30 billion per month. This would effectively conclude the stimulus program, put in place at the onset of the pandemic, coming March, rather than in July as initially planned. Rate hikes are expected to begin soon after to counter rising price pressures, with Federal Reserve Chair Jerome Powell affirming that the process will only begin after tapering ends and at a gradual pace. The latest dot plot indicates potential for the Federal Fund Rate to lift-off from near-zero beginning early 2022 with three quarter-point increases, plus another three in 2023 and two more in 2024. If materialized, the process would up the funds rate to 2.1% by 2024.</p><p><blockquote>苹果强劲的基本面有望帮助该股抵御明年开始即将加息带来的不利影响。随着通胀达到近四十年来的最高点,美联储周三决定加快每月 1200 亿美元债券回购计划的步伐,从 11 月开始的每月 150 亿美元降至每月 300 亿美元。这将有效地结束疫情爆发时实施的刺激计划,即明年3月,而不是最初计划的7月。加息预计将很快开始,以应对不断上升的价格压力,美联储主席杰罗姆·鲍威尔确认,这一过程只有在缩减规模结束后才会开始,并且步伐渐进。最新的点阵图表明,联邦基金利率有可能从 2022 年初的接近于零的水平上升,并上调三个四分之一点,2023 年再上调三个四分之一点,2024 年再上调两个。如果实现,到 2024 年,这一过程将把基金利率提高到 2.1%。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/2ef3ca2d04c1b55a465e12bfae79890e\" tg-width=\"640\" tg-height=\"315\" width=\"100%\" height=\"auto\"><span>Source: Bloomberg</span></p><p><blockquote><p class=\"t-img-caption\"><span>资料来源:彭博社</span></p></blockquote></p><p> While rate hikes typically cause investors to turn risk averse due to concerns over faster erosion of value on future gains and stalled business growth due to rising costs of capital, especially for high-growth stocks, Apple gained close to 3% upon release of the Fed’s update on policy tightening. The stock closed at $179.30 on December 15th, nearing its peak of $182 on Monday. Apple’s rally, along with similar uptrends observed across other mega-cap tech stocks, accordingly drove intra-day gains of 2.4% for the Nasdaq 100 following the Federal Reserve’s update, indicating investors’ preference to park their money in companies with robust growth prospects to counter risks from the impending rate increases.</p><p><blockquote>虽然加息通常会导致投资者规避风险,因为他们担心未来收益的价值会更快地受到侵蚀,而且由于资本成本上升(尤其是高增长股票)导致业务增长停滞,但在美联储发布紧缩政策的最新消息后,苹果股市上涨了近3%。该股12月15日收于179.30美元,接近周一182美元的峰值。在美联储发布最新消息后,苹果的反弹以及其他大型科技股的类似上升趋势相应地推动了纳斯达克 100 指数盘中上涨 2.4%,这表明投资者更倾向于将资金投入增长前景强劲的公司,以应对即将加息带来的风险。</blockquote></p><p> With the coming holiday season a boon for Apple’s December-quarter sales, the stock’s valuation is expected to enter in the $3 trillion territory sooner than expected. Continued robust demand observed across Apple’s entire product line, generous share buy-backs, and additional revenue contributions expected within the foreseeable future resulting from new, cutting-edge products will also be key catalysts to support the company’s persistently strong fundamentals and keep the stock’s valuation above $3 trillion despite the impending rate hikes. Considering recent developments to the broader market and Apple’s growth prospects, we are raising our 12-month price target for the stock to $209.43.</p><p><blockquote>随着即将到来的假日季对苹果 12 月季度的销售额有利,该股估值预计将比预期更早进入 3 万亿美元大关。苹果整个产品线的持续强劲需求、慷慨的股票回购,以及预计在可预见的未来,新的尖端产品将带来额外的收入贡献,也将成为支撑公司持续强劲基本面的关键催化剂,并在即将加息的情况下将使股票估值保持在 3 万亿美元以上。考虑到大盘的近期发展和苹果的增长前景,我们将该股的 12 个月目标价上调至 209.43 美元。</blockquote></p><p> <b>FY 2021 Overview and Recap of Fundamental Prospects</b></p><p><blockquote><b>2021财年概述及基本前景回顾</b></blockquote></p><p></p><p> Fiscal 2021 was a big year for Apple. The company’s revenues for the year grew 33% from fiscal 2020 to $366 billion, despite on-and-off store closures resulting from recurring coronavirus outbreaks and supply chain constraints that have led to more than $9 billion in lost sales. Every product and service segment achieved record-setting revenues with more than 20% growth from previous year results. Much of the year’s success were attributable to a series of new product launches and feature upgrades. The most notable of which included the 5G-enabled family of iPhone 12s and iPhone 13s, as well as the M1-powered MacBook Pro and iPad Pro.</p><p><blockquote>2021财年对苹果来说是重要的一年。尽管冠状病毒反复爆发和供应链限制导致门店断断续续关闭,导致销售额损失超过 90 亿美元,但该公司全年的收入比 2020 财年增长了 33%,达到 3660 亿美元。每个产品和服务部门都实现了创纪录的收入,比上一年的业绩增长了20%以上。今年的成功很大程度上归功于一系列新产品的发布和功能的升级。其中最引人注目的包括支持5G的iPhone 12s和iPhone 13s系列,以及支持M1的MacBook Pro和iPad Pro。</blockquote></p><p> <b>Key Developments in Products</b></p><p><blockquote><b>产品的主要发展</b></blockquote></p><p> iPhone sales grew by 39% this year, the most amongst other segments, and drove more than half of Apple’s fiscal 2021 revenues. The results were a stark contrast to last year’s slump in demand for the mobile device when consumers braced for pandemic-driven economic uncertainties. iPhone sales are expected to remain robust in coming years as global 5G device upgrades continue to gather pace. The likely launch of a more affordable 5G-enabled iPhone SE in 2022 is also expected to further Apple’s market share gains by attracting switchers from “more than a billion non-premium Android users”, and drive the active installed base to another all-time high. The anticipated momentum is further corroborated by iPhone sales patterns observed in recent quarters following the launch of 5G-enabled iPhone 12s and iPhone 13s, where the number of upgraders and switchers grew by strong double digits. Apple’s strong ties with cell-phone carriers is also expected to drive meaningful iPhone sales contributions in coming years. Reputable wireless carriers in the U.S. like Verizon and AT&T have already been keen on promoting the sale of 5G-enabled devices like the iPhone 12 and iPhone 13 to encourage migration to the 5G network that they have spent billions of dollars on building across the nation. Telecom companies around the world are expected to spend more than $700 billion over the next five years on building-out the 5G network, underscoring significant additional growth opportunities ahead for the iPhone segment as carriers push for the strongest multiyear upgrade cycle in a decade to recoup their investments.</p><p><blockquote>iPhone 今年的销量增长了 39%,是其他细分市场中增长最快的,并贡献了苹果 2021 财年一半以上的收入。这一结果与去年移动设备需求的下滑形成了鲜明对比,当时消费者正在为大流行病带来的经济不确定性做好准备。随着全球5G设备升级步伐不断加快,iPhone销售预计将在未来几年保持强劲。2022 年可能会推出更实惠的支持 5G 的 iPhone SE,这也将吸引 “超过 10 亿非高端安卓用户 ”的转换用户,从而进一步扩大苹果的市场份额,并将活跃安装基数推向历史新高。在支持 5G 的 iPhone 12s 和 iPhone 13s 推出后,最近几个季度观察到的 iPhone 销售模式进一步证实了预期的势头,升级和切换用户的数量强劲增长了两位数。苹果与手机运营商的紧密联系预计也将在未来几年推动 iPhone 的销售贡献。威瑞森和美国电话电报公司等美国知名无线运营商已经热衷于促进iPhone 12和iPhone 13等支持5G的设备的销售,以鼓励向他们花费数十亿美元在全国范围内建设的5G网络迁移。预计全球电信公司将在未来五年内花费超过7000亿美元建设5G网络,这凸显了随着运营商推动十年来最强劲的多年升级周期以收回投资,iPhone领域未来的巨大增长机会。</blockquote></p><p> Mac and iPad sales also grew significantly in fiscal 2021, reaching record revenues of $35.2 billion and $31.9 billion, respectively. Following the introduction of the all-new M1-powered iMac earlier this year, Apple also unveiled the reimagined M1-Pro / M1-Max powered MacBook Pro in October. The custom M1 processors made the newest MacBook “better than any Intel-based device for nearly every productivity use case outside of gaming”. This accordingly drove incredible demand for the portable workstation from a diverse group of consumers, ranging from professional creators and photographers to corporate users and students. The company is estimated to have shipped over 3.2 million units of Mac products during the September quarter, which drove record-setting revenues for the segment, while boosting its rank in global PC sales to fourth place amongst other vendors. The introduction of M1-processors in Apple’s computing products also bolstered its position in capitalizing on the surge in global demand for PCs and multi-purpose tablets by allowing the company to build devices with innovative features that can be seamlessly integrated across its ecosystem of peripheral accessories and services to draw adjacent revenues. With accelerated adoption of hybrid work and study arrangements in the post-pandemic era, global demand for portable workstations like PCs and multi-purpose tablets are expected to remain elevated in coming years – the sectors are expected to grow into a $224.3 billion and$600 billion market, respectively, by 2025, which makes favorable trends for Apple’s Mac and iPad segments.</p><p><blockquote>Mac 和 iPad 销量在 2021 财年也大幅增长,收入分别达到创纪录的 352 亿美元和 319 亿美元。继今年早些时候推出全新M1驱动的iMac后,苹果还在10月份推出了重新设计的M1-Pro/M1-Max驱动的MacBook Pro。定制的 M1 处理器使最新的 MacBook “在游戏以外的几乎所有生产力用例上都优于任何基于英特尔的设备”。这相应地推动了不同消费者群体对便携式工作站的巨大需求,从专业创作者和摄影师到企业用户和学生。据估计,该公司在 9 月份季度的 Mac 产品出货量超过 320 万台,推动了该部门创纪录的收入,同时将其在全球 PC 销量中的排名提升至其他供应商的第四位。在苹果的计算产品中引入 M1 处理器也巩固了其在利用全球对 PC 和多功能平板电脑需求激增的优势方面的地位,使该公司能够制造具有创新功能的设备,这些设备可以在其外围配件和服务生态系统中无缝集成,从而吸引相关收入。随着后大流行病时代混合工作和学习安排的加速采用,预计未来几年全球对个人电脑和多功能平板电脑等便携式工作站的需求将保持高位--到 2025 年,这两个行业的市场预计将分别增长到 2,243 亿美元和 6,000 亿美元,这将为苹果的 Mac 和 iPad 细分市场带来有利趋势。</blockquote></p><p> Recent speculations on Apple’s intentions to strengthen its in-house chip development capacity will likely further the advancement of its technologies offered in coming years and draw additional demand to its products. The company is currently looking for engineers to build-out its capacity in the development of “wireless radios, radio-frequency integrated circuits, and a wireless system-on-chip (“SoC”)”, as well as “semiconductors for connecting Bluetooth and Wi-Fi”. These developments are expected to further enhance seamless integration across Apple’s devices and increase stickiness to its ecosystem of product and service offerings, making its chip unit one of the company’s “most prized assets”.</p><p><blockquote>最近有猜测称,苹果有意加强其内部芯片开发能力,这可能会在未来几年进一步推动其技术的进步,并吸引对其产品的更多需求。该公司目前正在寻找工程师,以增强其在 “无线收音机、射频集成电路和无线片上系统(“SoC”)”以及 “用于连接蓝牙和 Wi-Fi 的半导体”方面的开发能力。这些发展有望进一步增强苹果设备之间的无缝集成,并增加其产品和服务生态系统的粘性,使其芯片部门成为公司 “最宝贵的资产 ”之一。</blockquote></p><p> <b>Key Developments in Services</b></p><p><blockquote><b>服务的主要发展</b></blockquote></p><p></p><p> On the services front, a strong subscriber base had enabled the segment to hit record-setting revenues of more than $68.4 billion in fiscal 2021, up 27% from the prior year. To date, Apple has garnered more than 745 million paid subscribers across its high-margin service offerings, representing a five-fold increase over the last five years. Apple’s increasing push for a subscription-based business model across its wide variety of service platforms, ranging from Apple Music to iCloud storage solutions, paired with attractive new offerings that address key consumer trends in recent years have been a key driver to the company’s fast-expanding margins. New exciting add-on features introduced for existing service platforms include Spatial Audio and Lossless Audiofor Apple Music and the Apple Music Voice Plan. The new subscription-based offerings are expected to further Apple’s reach to adjacent opportunities stemming from increasing global usage of smartphones, laptops and other advanced home electronic products – for instance, the global music streaming market is expected to expand at a CAGR of 16% towards a projected value of $61 billion over the next five years, underscoring significant growth headroom for Apple Music. And Apple’s latest introduction of the Apple One bundle is expected to be a key contributor to furthering service segment sales in coming years by attracting new users to pay for subscription services that they otherwise would not have had it not been for the bundle discounts.</p><p><blockquote>在服务方面,强大的用户群使该部门在 2021 财年的收入创下了超过 684 亿美元的纪录,比上一年增长了 27%。迄今为止,苹果通过其高利润服务产品获得了超过 7.45 亿付费用户,比过去五年增长了五倍。苹果在其从苹果音乐到 iCloud 存储解决方案等各种服务平台上不断推行基于订阅的商业模式,再加上近年来针对主要消费趋势的有吸引力的新产品,一直是该公司利润率快速增长的关键驱动力。为现有服务平台引入的令人兴奋的新附加功能包括苹果音乐的空间音频和无损音频以及苹果音乐语音计划。新的基于订阅的产品有望进一步扩大苹果对智能手机、笔记本电脑和其他先进家用电子产品全球使用量不断增加所带来的邻近机遇的影响力--例如,全球音乐流媒体市场预计将在未来五年内以 16% 的复合年增长率扩大,预计价值将达到 610 亿美元,这凸显了苹果音乐的巨大增长空间。苹果最新推出的苹果 One 捆绑包预计将在未来几年吸引新用户为订阅服务付费,而如果不是捆绑包折扣,他们是不会购买这些服务的。</blockquote></p><p> Continued growth in market demand for mobile applications will also be a boon to Apple’s fast-growing services segment. The global market for mobile applications is expected to grow at a CAGR of 18.4% and reach a market value of more than $400 billion over the next five years. With AAPL hosting one of the largest and most used app stores in the world, it would be reasonable to assume that related revenues would grow at a similar pace. Despite mounting global regulatory scrutiny over Apple’s alleged antitrust violations with its App Store – the most notable of which stemming from an ongoing legal battle with Epic Games– the company’s continued focus on ensuring user privacy, security, and ease of transactions might have saved the day. According to a survey of 4,000 Apple product users performed by Morgan Stanley across the U.S. and China, most have indicated loyalty to Apple’s App store due to the “value of security, privacy and ease of transactions” provided, despite developers pushing for rights to transact outside of Apple’s ecosystem. Apple’s recent success in delaying App Store changes ordered by U.S. District Judge Yvonne Gonzalez Rogers in September as part of a year-long lawsuit brought against by Epic Games is another sign of the App Store’s continued strength. The company has argued that the court-mandated order to allow App Store users to “buy directly from developers on the web” would be a threat to the security of their privacy.</p><p><blockquote>移动应用市场需求的持续增长也将有利于苹果快速增长的服务部门。全球移动应用市场预计将以18.4%的CAGR增长,未来五年市值将超过4000亿美元。由于 AAPL 拥有世界上最大、使用最广泛的应用商店之一,因此可以合理地假设相关收入将以类似的速度增长。尽管全球监管机构对苹果的 App Store 涉嫌违反反垄断规定的审查越来越多--其中最引人注目的是与 Epic Games 正在进行的法律诉讼--但该公司继续专注于确保用户隐私、安全和交易便利性可能已经挽救了局面。根据摩根士丹利在美国和中国大陆对 4000 名苹果产品用户进行的调查,大多数人对苹果的应用商店表示忠诚,因为该商店提供了 “安全、隐私和易于交易的价值”,尽管开发者正在推动在苹果生态系统之外进行交易。苹果最近成功推迟了美国地区法官伊冯娜-冈萨雷斯-罗杰斯(Yvonne Gonzalez Rogers)9 月份下令对 App Store 进行的更改,这是 Epic Games 对其提起长达一年的诉讼的一部分,这也是 App Store 持续强大的又一迹象。该公司辩称,法院下令允许 App Store 用户 “直接从网络上的开发者那里购买 ”,这将对他们的隐私安全构成威胁。</blockquote></p><p> Currently, developers are fighting for their rights to have app users transact outside of Apple’s ecosystem, which charges developers a hefty commission fee of up to 30% on all purchases. As Apple continues with its appeal of the ruling, the ultimate court decision on whether App Store changes would need to be implemented could take at least another year. But even with an unfavorable ruling, where Apple would have to allow developers to redirect users to payments outside of its ecosystem and/or lower its in-app purchase commission rate, App Store revenues are only expected to decrease by at most $4 billion per year which will not place a material impact on its valuation prospects. The actual quantified impact might even be less than what the market has forecasted, considering the value that App Store users have ascribed to the level of security and convenience that Apple has offered through the platform.</p><p><blockquote>目前,开发者正在争取让应用程序用户在苹果生态系统之外进行交易的权利,该生态系统向开发者收取高达 30% 的高额佣金。随着苹果继续对该裁决提出上诉,法院关于是否需要实施 App Store 变更的最终裁决可能至少还需要一年时间。但即使做出不利的裁决,苹果将不得不允许开发者将用户重定向到其生态系统之外的支付和/或降低其应用内购买佣金率,App Store的收入预计每年最多也只会减少40亿美元,这不会对其估值前景产生重大影响。考虑到 App Store 用户对苹果通过该平台提供的安全性和便利性水平的重视,实际量化影响甚至可能低于市场预测。</blockquote></p><p> <b>Key Catalysts Ahead</b></p><p><blockquote><b>未来的关键催化剂</b></blockquote></p><p></p><p> Apple is undoubtedly a key gateway to bringing emerging technologies to the mainstream due to its massive installed base of devices and related service platform users. And because of this, the highly anticipated launch of cutting-edge products like AR/VR headsets and autonomous vehicles in coming years will likely catapult the stock to new heights. The pioneer of disruptive consumer electronics and devices is expected to launch a VR headset and AR glasses by early 2023, a nascent technology that has been picking up steam in recent months with increasing talks of the metaverse. Similar to most VR headsets already available in the market, Apple’s will feature a 3D display to enable an immersive environment for a variety of activities from gaming to communicating. The differentiating factor will be the company’s plans to implement best-in-class graphics chips in the device to facilitate ultra-high-resolution displays. The impending VR headset will ultimately lay the foundation for its AR glasses, which Apple expects to be the “larger opportunity”.</p><p><blockquote>由于其庞大的设备安装基数和相关服务平台用户,苹果无疑是将新兴技术带入主流的关键门户。正因为如此,未来几年备受期待的AR/VR耳机和自动驾驶汽车等尖端产品的推出可能会将该股推向新的高度。这家颠覆性消费电子产品和设备的先驱预计将于 2023 年初推出 VR 耳机和 AR 眼镜,这项新兴技术近几个月来随着有关元宇宙的讨论越来越多,势头强劲。与市场上已有的大多数 VR 头显类似,苹果的 VR 头显将采用 3D 显示屏,为从游戏到交流等各种活动提供身临其境的环境。该公司计划在设备中采用一流的图形芯片,以实现超高分辨率显示屏。即将推出的 VR 头显最终将为其 AR 眼镜奠定基础,苹果预计这将是 “更大的机会”。</blockquote></p><p> Over the next five years, opportunities pertaining to the metaverse are expected to blossom into an $800 billion market. Related software and service sales are expected to drive more than 70% of the projected addressable market, while the remainder will likely be driven by hardware sales. This makes strong tailwinds for Apple, which does not only stand to capitalize on growing metaverse opportunities through the sale of its impending AR/VR headset, but also adjacent revenues pertaining to the usage of related apps, software and service platforms.</p><p><blockquote>未来五年,与元宇宙相关的机会预计将发展成为一个价值 8000 亿美元的市场。相关软件和服务销售预计将推动预计潜在市场的 70% 以上,而其余部分可能由硬件销售推动。这为苹果带来了强劲的推动力,该公司不仅可以通过销售即将推出的 AR/VR 耳机来利用不断增长的元宇宙机会,还可以利用与使用相关应用程序、软件和服务平台相关的相关收入。</blockquote></p><p> Speculations on Apple’s ongoing development of a self-driving electric car is also expected to materialize into meaningful upsides for the stock within the foreseeable future. The company is now planning to launch the new product category by 2025, at which time the global autonomous vehicle market is expected to reach a value of more than $200 billion. The eventual car will likely feature homages to its existing product portfolio, like an “iPad-like touch screen” infotainment system. And on the technology front, Apple is believed to have completed the development of a custom silicon for powering the vehicle’s autonomous driving capabilities. The newest chips will soon be implemented into its existing fleet of retrofitted SUVs for testing in California according to the state’s DMV, a sign that the impending launch is near.</p><p><blockquote>在可预见的未来,关于苹果正在开发自动驾驶电动汽车的猜测也有望为该股带来有意义的上涨空间。该公司目前计划在2025年前推出新产品类别,届时全球自动驾驶汽车市场价值预计将超过2000亿美元。最终推出的汽车很可能会向其现有的产品组合致敬,比如 “类似 iPad 的触摸屏 ”信息娱乐系统。在技术方面,据信苹果已经完成了为汽车自动驾驶功能提供动力的定制硅的开发。据加州车管所称,最新芯片将很快应用于其现有的改装 SUV 车队,以便在加州进行测试,这表明即将推出的芯片即将到来。</blockquote></p><p> While Apple’s current market value may already be reflective of “consistent material revenue contributions from new products and services over time”, additional upsides from the above-mentioned new product category launches are still missing. But this will likely change within the next 12 months as the impending launch of an Apple AR/VR device draws near. Near-term projections on early AR/VR device sales are expected to boost Apple’s valuation by at least $150 billion. And over time when metaverse trends continue to gain mainstream traction, Apple is expected to generate more than $200 billion in annual revenues from the AR/VR segment, which could add another 15% on top of its current market value.</p><p><blockquote>虽然苹果目前的市值可能已经反映了 “随着时间的推移,新产品和服务对收入的持续贡献”,但上述新产品类别的推出仍未带来额外的好处。但随着苹果AR/VR设备即将推出,这种情况可能会在未来12个月内发生变化。对早期 AR/VR 设备销售的近期预测预计将使苹果的估值至少提高 1500 亿美元。随着时间的推移,随着元宇宙趋势继续获得主流牵引力,苹果预计将从 AR/VR 领域产生超过 2000 亿美元的年收入,这可能会在其当前市值的基础上再增加 15%。</blockquote></p><p> <b>Valuation Prospects and Potential Impacts from the Impending Rate Increases</b></p><p><blockquote><b>即将加息的估值前景和潜在影响</b></blockquote></p><p> Adjusting our most recent forecast for Apple’s fiscal 2021 year-end results and December-quarter guidance, our base case projection estimates total net sales of $439.3 billion by the end of fiscal 2022, with further growth towards $668.5 billion by fiscal 2026. The growth assumptions applied across segment revenues in our forecast remains largely unchanged from our most recent analysis on the stock, with additional consideration for management’s near-term outlook on supply constraint impacts and the impending rate hikes. Specifically, lost revenues of $9 billion (i.e. approximately $3 billion during June-quarter and $6 billion during September-quarter) attributable to industry-wide chip shortages and pandemic-driven manufacturing delays during the second half of fiscal 2021 is expected to worsen into the first half of fiscal 2022. While there have been observed improvements to supply chain challenges, continuously robust demand for Apple products is what will drive a higher volume of lost sales in coming quarters. Nonetheless, Apple remains well-positioned for strong fundamentals ahead, which will help to alleviate some of investors’ concerns on valuation due to impending rate hikes.</p><p><blockquote>调整我们对苹果 2021 财年年终业绩和 12 月份季度指引的最新预测后,我们的基本案例预测预计到 2022 财年末,净销售总额将达到 4393 亿美元,到 2026 财年将进一步增长至 6685 亿美元。在我们的预测中,各部门收入的增长假设与我们最近对该股的分析基本保持不变,但还额外考虑了管理层对供应紧张影响和即将加息的近期展望。具体来说,2021 财年下半年全行业芯片短缺和大流行导致的制造延误造成的 90 亿美元收入损失(即 6 月份季度约 30 亿美元,9 月份季度约 60 亿美元)预计将恶化到 2022 财年上半年。虽然供应链挑战有所改善,但对苹果产品的持续强劲需求将推动未来几个季度销售额的增加。尽管如此,苹果未来的基本面依然强劲,这将有助于缓解投资者因即将加息而对估值的一些担忧。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/b5aa95136cfca6f95b962ea36eadab74\" tg-width=\"640\" tg-height=\"257\" width=\"100%\" height=\"auto\"></p><p><blockquote></blockquote></p><p> <i>i. Base Case Financial Projections:</i></p><p><blockquote><i>i. 基本情况财务预测:</i></blockquote></p><p></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/6585b165abd25fab7d171dd944d05156\" tg-width=\"640\" tg-height=\"316\" width=\"100%\" height=\"auto\"><span>Source: Author, with data from our internal financial forecast (Apple_-_Forecasted_Financial_Information.pdf). Please refer here for further detail on material growth assumptions applied.</span></p><p><blockquote><p class=\"t-img-caption\"><span>资料来源:作者,数据来自我们的内部财务预测(Apple_-_Forecasted_Financial_Information.pdf)。有关应用的重大增长假设的进一步详情,请参阅此处。</span></p></blockquote></p><p> Drawing on the above considerations, our 12-month price target for the Apple stock has been revised to $209.43. This represents upside potential of more than 22% based on the last traded price of $171.14 on December 17th.</p><p><blockquote>基于上述考虑,我们对苹果股票的 12 个月目标价已修正至 209.43 美元。根据 12 月 17 日最后交易价格 171.14 美元计算,这意味着超过 22% 的上涨潜力。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/e88e904b5b900fbcdf4541d856570e2d\" tg-width=\"640\" tg-height=\"230\" width=\"100%\" height=\"auto\"><span>Source: Author, with data from our internal valuation analysis.</span></p><p><blockquote><p class=\"t-img-caption\"><span>资料来源:作者,数据来自我们的内部估值分析。</span></p></blockquote></p><p> The revised price target is derived using a discounted cash flow (“DCF”) analysis over a ten-year discrete period in conjunction with the financial projections updated for Apple’s recent developments as analyzed in earlier sections. Similar to our original valuation analysis, we have applied a WACC of 8% to discount Apple’s projected free cash flows. The discount function is reflective of the company’s risk profile, taking into consideration its current capital structure and strong balance sheet. Apple’s cost of capital for growth is not expected to change significantly as a result of the impending rate hikes, considering a large portion of its existing debt are fixed-rate notes. The company also boasts a consistently robust net cash position, in which management intends to deploy towards additional growth without having to incur incremental capital costs ahead of interest rate increases. This is expected to further cement investors’ confidence in the Apple stock, as they continue their “flight to quality” amidst fear of broader market pressure from rising interest rates.</p><p><blockquote>修订后的价格目标是使用十年离散期间的贴现现金流(“DCF”)分析,结合前面章节分析的苹果近期发展的最新财务预测得出的。与我们最初的估值分析类似,我们采用了 8% 的 WACC 来贴现苹果的预计自由现金流。考虑到公司目前的资本结构和稳健的资产负债表,贴现函数反映了公司的风险状况。考虑到苹果现有债务中有很大一部分是固定利率票据,预计其增长的资本成本不会因即将加息而发生重大变化。该公司还拥有持续强劲的净现金状况,管理层打算在利率上升之前部署额外增长,而不必承担额外的资本成本。预计这将进一步增强水泥投资者对苹果股票的信心,因为他们在担心利率上升会带来更广泛的市场压力的情况下,继续 “向优质方向飞奔”。</blockquote></p><p> The valuation analysis also assumes an exit multiple of 19.8x, which is consistent with current market expectations on Apple’s growth trajectory over the forecasted period. The applied exit multiple assumption could even improve further within the next 12 months, considering the impending launch of new product segments like AR/VR devices and autonomous vehicles, and offset any potential impacts from the upcoming increases to interest rates.</p><p><blockquote>估值分析还假设退出倍数为 19.8 倍,这与当前市场对苹果在预测期内增长轨迹的预期一致。考虑到AR/VR设备和自动驾驶汽车等新产品细分市场即将推出,所应用的退出倍数假设甚至可能在未来12个月内进一步改善,并抵消即将到来的加息带来的任何潜在影响。</blockquote></p><p> <i>i. Base Case Valuation Analysis:</i></p><p><blockquote><i>一、基本案例估值分析:</i></blockquote></p><p> <img src=\"https://static.tigerbbs.com/81f992ef8b2b59ea879f69a7b1e7ad52\" tg-width=\"640\" tg-height=\"300\" width=\"100%\" height=\"auto\"></p><p><blockquote></blockquote></p><p> <i>ii. Sensitivity Analysis:</i></p><p><blockquote><i>ii.敏感性分析:</i></blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/da8b21dae04fd263929ab26bd8d83907\" tg-width=\"640\" tg-height=\"337\" width=\"100%\" height=\"auto\"><span>Source: Author, with data from our internal valuation analysis.</span></p><p><blockquote><p class=\"t-img-caption\"><span>资料来源:作者,数据来自我们的内部估值分析。</span></p></blockquote></p><p> <b>Conclusion</b></p><p><blockquote><b>结论</b></blockquote></p><p> Based on the foregoing analysis, the anticipated addition of 175 to 200 basis points to the current near-zero Federal Fund Rate over the next two years is not expected to cause material adverse impacts to Apple’s performance from both a fundamental and valuation perspective. Robust global demand for Apple products and services, paired with new innovations are expected to further bolster the company’s fundamental growth prospects. This would accordingly bring additional improvements to Apple’s balance sheet, and further strengthen its position against downward valuation pressures from broader macro headwinds. In fact, increasing demand for quality growth stocks to counter risks resulting from the impending rate hikes might even fuel Apple’s valuation growth momentum. On these considerations, Apple remains one of the best-performing tech stocks to own given its robust uptrend to $3 trillion in the near-term despite impending rate hikes.</p><p><blockquote>根据上述分析,从基本面和估值角度来看,预计未来两年在目前接近于零的联邦基金利率基础上增加 175 至 200 个基点,预计不会对苹果的业绩造成重大不利影响。全球对苹果产品和服务的强劲需求,加上新的创新,预计将进一步提振公司的基本增长前景。因此,这将进一步改善苹果的资产负债表,并进一步加强其抵御更广泛宏观逆风带来的估值下行压力的地位。事实上,为应对即将加息带来的风险,对优质成长型股票的需求不断增加,甚至可能推动苹果的估值增长势头。出于这些考虑,尽管即将加息,但苹果仍然是表现最好的科技股之一,因为其近期仍呈现强劲上升趋势,达到 3 万亿美元。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源:<a href=\"https://seekingalpha.com/article/4475887-apple-stock-aapl-strongest-shield-against-rate-hikes\">Seeking Alpha</a></p>\n<p>为提升您的阅读体验,我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果"},"source_url":"https://seekingalpha.com/article/4475887-apple-stock-aapl-strongest-shield-against-rate-hikes","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1183475424","content_text":"Summary\n\nWith inflation running its hottest course in 40 years, the Federal Reserve has decided to accelerate the stimulus tapering schedule and prepare for raising interest rates as early as March.\nWhile rate hikes have historically deterred investors from growth stocks due to concerns over eroding valuation prospects, the Apple stock has remained largely resilient.\nApple is expected to realize additional upsides ahead, sustained by robust demand for its existing offerings and new opportunities arising from nascent technologies like AR/VR and autonomous vehicles.\nIts strong net cash position also provides sufficient dry powder to fund additional growth in coming years without incurring additional costs of capital amidst rising interest rates.\nAs such, Apple's bullish thesis remains intact as it approaches a $3 trillion valuation, despite broader market valuation risks ahead.\n\nguvendemir/iStock Unreleased via Getty Images\nAs one of the world’s best performing stocks, Apple(NASDAQ:AAPL) has gained close to 40% this year. The stock, which last peaked at $182.13 not too long ago, is currently less than 7% from being the first U.S. publicly listed company to reach a $3 trillion market value and single-handedly accounts for about 15% of the tech-heavy Nasdaq 100’s performance. Apple’s market value has grown by more than 220x since the late 1990s, buoyed by the company’s continuous ability to capture robust demand for its innovative portfolio of products and services.\nAnd Apple’s strong fundamentals are expected to help the stock defy adverse impacts from the imminent rate hikes beginning next year. With inflation running at its hottest in almost four decades, the Federal Reserve decided Wednesday that it will increase the pace at which it is dialing back on the $120 billion monthly bond repurchasing program from $15 billion per month, which began in November, to $30 billion per month. This would effectively conclude the stimulus program, put in place at the onset of the pandemic, coming March, rather than in July as initially planned. Rate hikes are expected to begin soon after to counter rising price pressures, with Federal Reserve Chair Jerome Powell affirming that the process will only begin after tapering ends and at a gradual pace. The latest dot plot indicates potential for the Federal Fund Rate to lift-off from near-zero beginning early 2022 with three quarter-point increases, plus another three in 2023 and two more in 2024. If materialized, the process would up the funds rate to 2.1% by 2024.\nSource: Bloomberg\nWhile rate hikes typically cause investors to turn risk averse due to concerns over faster erosion of value on future gains and stalled business growth due to rising costs of capital, especially for high-growth stocks, Apple gained close to 3% upon release of the Fed’s update on policy tightening. The stock closed at $179.30 on December 15th, nearing its peak of $182 on Monday. Apple’s rally, along with similar uptrends observed across other mega-cap tech stocks, accordingly drove intra-day gains of 2.4% for the Nasdaq 100 following the Federal Reserve’s update, indicating investors’ preference to park their money in companies with robust growth prospects to counter risks from the impending rate increases.\nWith the coming holiday season a boon for Apple’s December-quarter sales, the stock’s valuation is expected to enter in the $3 trillion territory sooner than expected. Continued robust demand observed across Apple’s entire product line, generous share buy-backs, and additional revenue contributions expected within the foreseeable future resulting from new, cutting-edge products will also be key catalysts to support the company’s persistently strong fundamentals and keep the stock’s valuation above $3 trillion despite the impending rate hikes. Considering recent developments to the broader market and Apple’s growth prospects, we are raising our 12-month price target for the stock to $209.43.\nFY 2021 Overview and Recap of Fundamental Prospects\nFiscal 2021 was a big year for Apple. The company’s revenues for the year grew 33% from fiscal 2020 to $366 billion, despite on-and-off store closures resulting from recurring coronavirus outbreaks and supply chain constraints that have led to more than $9 billion in lost sales. Every product and service segment achieved record-setting revenues with more than 20% growth from previous year results. Much of the year’s success were attributable to a series of new product launches and feature upgrades. The most notable of which included the 5G-enabled family of iPhone 12s and iPhone 13s, as well as the M1-powered MacBook Pro and iPad Pro.\nKey Developments in Products\niPhone sales grew by 39% this year, the most amongst other segments, and drove more than half of Apple’s fiscal 2021 revenues. The results were a stark contrast to last year’s slump in demand for the mobile device when consumers braced for pandemic-driven economic uncertainties. iPhone sales are expected to remain robust in coming years as global 5G device upgrades continue to gather pace. The likely launch of a more affordable 5G-enabled iPhone SE in 2022 is also expected to further Apple’s market share gains by attracting switchers from “more than a billion non-premium Android users”, and drive the active installed base to another all-time high. The anticipated momentum is further corroborated by iPhone sales patterns observed in recent quarters following the launch of 5G-enabled iPhone 12s and iPhone 13s, where the number of upgraders and switchers grew by strong double digits. Apple’s strong ties with cell-phone carriers is also expected to drive meaningful iPhone sales contributions in coming years. Reputable wireless carriers in the U.S. like Verizon and AT&T have already been keen on promoting the sale of 5G-enabled devices like the iPhone 12 and iPhone 13 to encourage migration to the 5G network that they have spent billions of dollars on building across the nation. Telecom companies around the world are expected to spend more than $700 billion over the next five years on building-out the 5G network, underscoring significant additional growth opportunities ahead for the iPhone segment as carriers push for the strongest multiyear upgrade cycle in a decade to recoup their investments.\nMac and iPad sales also grew significantly in fiscal 2021, reaching record revenues of $35.2 billion and $31.9 billion, respectively. Following the introduction of the all-new M1-powered iMac earlier this year, Apple also unveiled the reimagined M1-Pro / M1-Max powered MacBook Pro in October. The custom M1 processors made the newest MacBook “better than any Intel-based device for nearly every productivity use case outside of gaming”. This accordingly drove incredible demand for the portable workstation from a diverse group of consumers, ranging from professional creators and photographers to corporate users and students. The company is estimated to have shipped over 3.2 million units of Mac products during the September quarter, which drove record-setting revenues for the segment, while boosting its rank in global PC sales to fourth place amongst other vendors. The introduction of M1-processors in Apple’s computing products also bolstered its position in capitalizing on the surge in global demand for PCs and multi-purpose tablets by allowing the company to build devices with innovative features that can be seamlessly integrated across its ecosystem of peripheral accessories and services to draw adjacent revenues. With accelerated adoption of hybrid work and study arrangements in the post-pandemic era, global demand for portable workstations like PCs and multi-purpose tablets are expected to remain elevated in coming years – the sectors are expected to grow into a $224.3 billion and$600 billion market, respectively, by 2025, which makes favorable trends for Apple’s Mac and iPad segments.\nRecent speculations on Apple’s intentions to strengthen its in-house chip development capacity will likely further the advancement of its technologies offered in coming years and draw additional demand to its products. The company is currently looking for engineers to build-out its capacity in the development of “wireless radios, radio-frequency integrated circuits, and a wireless system-on-chip (“SoC”)”, as well as “semiconductors for connecting Bluetooth and Wi-Fi”. These developments are expected to further enhance seamless integration across Apple’s devices and increase stickiness to its ecosystem of product and service offerings, making its chip unit one of the company’s “most prized assets”.\nKey Developments in Services\nOn the services front, a strong subscriber base had enabled the segment to hit record-setting revenues of more than $68.4 billion in fiscal 2021, up 27% from the prior year. To date, Apple has garnered more than 745 million paid subscribers across its high-margin service offerings, representing a five-fold increase over the last five years. Apple’s increasing push for a subscription-based business model across its wide variety of service platforms, ranging from Apple Music to iCloud storage solutions, paired with attractive new offerings that address key consumer trends in recent years have been a key driver to the company’s fast-expanding margins. New exciting add-on features introduced for existing service platforms include Spatial Audio and Lossless Audiofor Apple Music and the Apple Music Voice Plan. The new subscription-based offerings are expected to further Apple’s reach to adjacent opportunities stemming from increasing global usage of smartphones, laptops and other advanced home electronic products – for instance, the global music streaming market is expected to expand at a CAGR of 16% towards a projected value of $61 billion over the next five years, underscoring significant growth headroom for Apple Music. And Apple’s latest introduction of the Apple One bundle is expected to be a key contributor to furthering service segment sales in coming years by attracting new users to pay for subscription services that they otherwise would not have had it not been for the bundle discounts.\nContinued growth in market demand for mobile applications will also be a boon to Apple’s fast-growing services segment. The global market for mobile applications is expected to grow at a CAGR of 18.4% and reach a market value of more than $400 billion over the next five years. With AAPL hosting one of the largest and most used app stores in the world, it would be reasonable to assume that related revenues would grow at a similar pace. Despite mounting global regulatory scrutiny over Apple’s alleged antitrust violations with its App Store – the most notable of which stemming from an ongoing legal battle with Epic Games– the company’s continued focus on ensuring user privacy, security, and ease of transactions might have saved the day. According to a survey of 4,000 Apple product users performed by Morgan Stanley across the U.S. and China, most have indicated loyalty to Apple’s App store due to the “value of security, privacy and ease of transactions” provided, despite developers pushing for rights to transact outside of Apple’s ecosystem. Apple’s recent success in delaying App Store changes ordered by U.S. District Judge Yvonne Gonzalez Rogers in September as part of a year-long lawsuit brought against by Epic Games is another sign of the App Store’s continued strength. The company has argued that the court-mandated order to allow App Store users to “buy directly from developers on the web” would be a threat to the security of their privacy.\nCurrently, developers are fighting for their rights to have app users transact outside of Apple’s ecosystem, which charges developers a hefty commission fee of up to 30% on all purchases. As Apple continues with its appeal of the ruling, the ultimate court decision on whether App Store changes would need to be implemented could take at least another year. But even with an unfavorable ruling, where Apple would have to allow developers to redirect users to payments outside of its ecosystem and/or lower its in-app purchase commission rate, App Store revenues are only expected to decrease by at most $4 billion per year which will not place a material impact on its valuation prospects. The actual quantified impact might even be less than what the market has forecasted, considering the value that App Store users have ascribed to the level of security and convenience that Apple has offered through the platform.\nKey Catalysts Ahead\nApple is undoubtedly a key gateway to bringing emerging technologies to the mainstream due to its massive installed base of devices and related service platform users. And because of this, the highly anticipated launch of cutting-edge products like AR/VR headsets and autonomous vehicles in coming years will likely catapult the stock to new heights. The pioneer of disruptive consumer electronics and devices is expected to launch a VR headset and AR glasses by early 2023, a nascent technology that has been picking up steam in recent months with increasing talks of the metaverse. Similar to most VR headsets already available in the market, Apple’s will feature a 3D display to enable an immersive environment for a variety of activities from gaming to communicating. The differentiating factor will be the company’s plans to implement best-in-class graphics chips in the device to facilitate ultra-high-resolution displays. The impending VR headset will ultimately lay the foundation for its AR glasses, which Apple expects to be the “larger opportunity”.\nOver the next five years, opportunities pertaining to the metaverse are expected to blossom into an $800 billion market. Related software and service sales are expected to drive more than 70% of the projected addressable market, while the remainder will likely be driven by hardware sales. This makes strong tailwinds for Apple, which does not only stand to capitalize on growing metaverse opportunities through the sale of its impending AR/VR headset, but also adjacent revenues pertaining to the usage of related apps, software and service platforms.\nSpeculations on Apple’s ongoing development of a self-driving electric car is also expected to materialize into meaningful upsides for the stock within the foreseeable future. The company is now planning to launch the new product category by 2025, at which time the global autonomous vehicle market is expected to reach a value of more than $200 billion. The eventual car will likely feature homages to its existing product portfolio, like an “iPad-like touch screen” infotainment system. And on the technology front, Apple is believed to have completed the development of a custom silicon for powering the vehicle’s autonomous driving capabilities. The newest chips will soon be implemented into its existing fleet of retrofitted SUVs for testing in California according to the state’s DMV, a sign that the impending launch is near.\nWhile Apple’s current market value may already be reflective of “consistent material revenue contributions from new products and services over time”, additional upsides from the above-mentioned new product category launches are still missing. But this will likely change within the next 12 months as the impending launch of an Apple AR/VR device draws near. Near-term projections on early AR/VR device sales are expected to boost Apple’s valuation by at least $150 billion. And over time when metaverse trends continue to gain mainstream traction, Apple is expected to generate more than $200 billion in annual revenues from the AR/VR segment, which could add another 15% on top of its current market value.\nValuation Prospects and Potential Impacts from the Impending Rate Increases\nAdjusting our most recent forecast for Apple’s fiscal 2021 year-end results and December-quarter guidance, our base case projection estimates total net sales of $439.3 billion by the end of fiscal 2022, with further growth towards $668.5 billion by fiscal 2026. The growth assumptions applied across segment revenues in our forecast remains largely unchanged from our most recent analysis on the stock, with additional consideration for management’s near-term outlook on supply constraint impacts and the impending rate hikes. Specifically, lost revenues of $9 billion (i.e. approximately $3 billion during June-quarter and $6 billion during September-quarter) attributable to industry-wide chip shortages and pandemic-driven manufacturing delays during the second half of fiscal 2021 is expected to worsen into the first half of fiscal 2022. While there have been observed improvements to supply chain challenges, continuously robust demand for Apple products is what will drive a higher volume of lost sales in coming quarters. Nonetheless, Apple remains well-positioned for strong fundamentals ahead, which will help to alleviate some of investors’ concerns on valuation due to impending rate hikes.\n\ni. Base Case Financial Projections:\nSource: Author, with data from our internal financial forecast (Apple_-_Forecasted_Financial_Information.pdf). Please refer here for further detail on material growth assumptions applied.\nDrawing on the above considerations, our 12-month price target for the Apple stock has been revised to $209.43. This represents upside potential of more than 22% based on the last traded price of $171.14 on December 17th.\nSource: Author, with data from our internal valuation analysis.\nThe revised price target is derived using a discounted cash flow (“DCF”) analysis over a ten-year discrete period in conjunction with the financial projections updated for Apple’s recent developments as analyzed in earlier sections. Similar to our original valuation analysis, we have applied a WACC of 8% to discount Apple’s projected free cash flows. The discount function is reflective of the company’s risk profile, taking into consideration its current capital structure and strong balance sheet. Apple’s cost of capital for growth is not expected to change significantly as a result of the impending rate hikes, considering a large portion of its existing debt are fixed-rate notes. The company also boasts a consistently robust net cash position, in which management intends to deploy towards additional growth without having to incur incremental capital costs ahead of interest rate increases. This is expected to further cement investors’ confidence in the Apple stock, as they continue their “flight to quality” amidst fear of broader market pressure from rising interest rates.\nThe valuation analysis also assumes an exit multiple of 19.8x, which is consistent with current market expectations on Apple’s growth trajectory over the forecasted period. The applied exit multiple assumption could even improve further within the next 12 months, considering the impending launch of new product segments like AR/VR devices and autonomous vehicles, and offset any potential impacts from the upcoming increases to interest rates.\ni. Base Case Valuation Analysis:\n\nii. Sensitivity Analysis:\nSource: Author, with data from our internal valuation analysis.\nConclusion\nBased on the foregoing analysis, the anticipated addition of 175 to 200 basis points to the current near-zero Federal Fund Rate over the next two years is not expected to cause material adverse impacts to Apple’s performance from both a fundamental and valuation perspective. Robust global demand for Apple products and services, paired with new innovations are expected to further bolster the company’s fundamental growth prospects. This would accordingly bring additional improvements to Apple’s balance sheet, and further strengthen its position against downward valuation pressures from broader macro headwinds. In fact, increasing demand for quality growth stocks to counter risks resulting from the impending rate hikes might even fuel Apple’s valuation growth momentum. On these considerations, Apple remains one of the best-performing tech stocks to own given its robust uptrend to $3 trillion in the near-term despite impending rate hikes.","news_type":1,"symbols_score_info":{"AAPL":0.9}},"isVote":1,"tweetType":1,"viewCount":1325,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":693062840,"gmtCreate":1639931920173,"gmtModify":1639931920599,"author":{"id":"3570885355172302","authorId":"3570885355172302","name":"Jstan","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3570885355172302","authorIdStr":"3570885355172302"},"themes":[],"title":"","htmlText":"Like pls","listText":"Like pls","text":"Like pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/693062840","repostId":"2192099879","repostType":4,"isVote":1,"tweetType":1,"viewCount":1459,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":699291400,"gmtCreate":1639802502252,"gmtModify":1639802502695,"author":{"id":"3570885355172302","authorId":"3570885355172302","name":"Jstan","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3570885355172302","authorIdStr":"3570885355172302"},"themes":[],"title":"","htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/699291400","repostId":"1116106959","repostType":4,"repost":{"id":"1116106959","kind":"news","pubTimestamp":1639785552,"share":"https://www.laohunote.com/m/news/1116106959?lang=zh_CN&edition=full","pubTime":"2021-12-18 07:59","market":"us","language":"en","title":"Wall Street ends down after mostly negative week<blockquote>华尔街在经历了大部分负面的一周后收盘下跌</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1116106959","media":"Reuters","summary":" - Wall Street finished lower on Friday, weighed down by Big Tech as investors worried about the Omicron coronavirus variant and digested the Federal Reserve's decision to end its pandemic-era stimulus faster.All three main U.S. stock indexes ended with a decline for the week after the Fed on Wednesday signaled three quarter-percentage-point interest rate hikes by the end of 2022 to combat surging inflation.Nvidia dropped 2.1% and Alphabet lost 1.9%, both weighing on the S&P 500 and Nasdaq.The S","content":"<p>(Reuters) - Wall Street finished lower on Friday, weighed down by Big Tech as investors worried about the Omicron coronavirus variant and digested the Federal Reserve's decision to end its pandemic-era stimulus faster.</p><p><blockquote>(路透社) - 华尔街周五收低,受到大型科技公司的拖累,投资者担心奥密克戎冠状病毒变种,并消化了美联储更快结束大流行时代刺激措施的决定。</blockquote></p><p> All three main U.S. stock indexes ended with a decline for the week after the Fed on Wednesday signaled three quarter-percentage-point interest rate hikes by the end of 2022 to combat surging inflation.</p><p><blockquote>在美联储周三暗示到 2022 年底加息三个四分之一个百分点以应对通胀飙升后,美国三大股指本周全部下跌。</blockquote></p><p> Nvidia dropped 2.1% and Alphabet lost 1.9%, both weighing on the S&P 500 and Nasdaq.</p><p><blockquote>英伟达下跌 2.1%,Alphabet下跌 1.9%,均令标普500和纳斯达克承压。</blockquote></p><p> The S&P 500 growth index lost 0.7% and the value index declined 1.4%.</p><p><blockquote>标普500增长指数下跌0.7%,价值指数下跌1.4%。</blockquote></p><p> All of the 11 major S&P 500 sector indexes fell, with financials leading the way down with a 2.3% drop. Energy lost 2.2%.</p><p><blockquote>标普500 11个主要板块指数全部下跌,其中金融股领跌2.3%。能源损失2.2%。</blockquote></p><p> Adding to uncertainty, Pfizer said on Friday the pandemic could extend through next year. European countries geared up for further travel and social restrictions and a study warned that the rapidly spreading Omicron coronavirus variant was five times more likely to reinfect people than its predecessor, Delta.</p><p><blockquote>辉瑞公司周五表示,疫情可能会持续到明年,这增加了不确定性。欧洲国家为进一步的旅行和社会限制做好了准备,一项研究警告说,快速传播的奥密克戎冠状病毒变种再次感染人们的可能性是其前身德尔塔的五倍。</blockquote></p><p> Traders also pointed to year-end tax selling and the simultaneous expiration of stock options, stock index futures and index options contracts - known as triple witching - as potential causes for volatility.</p><p><blockquote>交易员还指出,年终税收抛售以及股票期权、股指期货和指数期权合约同时到期(被称为三重巫术)是波动的潜在原因。</blockquote></p><p> \"It's a big options expiration day,\" said Joe Saluzzi, co-manager of trading at Themis Trading in Chatham, New Jersey. \"And now you draw on top of that some Omicron, and you've got volatility, and I think it creates a lot of uncertainty amongst investors. Where are you going to position for the end of the year?\"</p><p><blockquote>“这是一个重要的期权到期日,”新泽西州查塔姆 Themis Trading 的交易联席经理 Joe Saluzzi 表示。“现在你再加上一些奥密克戎,你就会出现波动,我认为这会给投资者带来很多不确定性。你打算在年底前把仓位放在哪里?”</blockquote></p><p> Heavyweight growth stocks including Nvidia and Microsoft have outperformed the broader market in 2021, while the Philadelphia SE Semiconductor index has surged about 35%. The benchmark S&P 500 index gained around 23% in the same period.</p><p><blockquote>2021年,英伟达和微软等权重成长股的表现优于大盘,而费城东南半导体指数则飙升约35%。同期,基准标普500指数上涨约 23%。</blockquote></p><p> In Friday's session, the Dow Jones Industrial Average fell 1.48% to end at 35,365.44 points, while the S&P 500 lost 1.03% to 4,620.64.</p><p><blockquote>在周五的交易中,道琼斯工业平均指数下跌1.48%,收于35,365.44点,而标普500指数下跌1.03%,至4,620.64点。</blockquote></p><p> The Nasdaq Composite dropped 0.07% to 15,169.68.</p><p><blockquote>纳斯达克综合指数下跌 0.07%,至 15,169.68 点。</blockquote></p><p> On a positive note, the small-cap Russell 2000 index rallied 1% after having fallen more than 10% from a record high in early November.</p><p><blockquote>从积极的方面来看,小盘股罗素 2000 指数在从 11 月初的历史高点下跌超过 10% 后反弹 1%。</blockquote></p><p> With options expiring, volume on U.S. exchanges jumped to 16.6 billion shares, far above the 11.9 billion average over the last 20 trading days.</p><p><blockquote>随着期权到期,美国交易所的成交量跃升至 166 亿股,远高于过去 20 个交易日 119 亿股的平均水平。</blockquote></p><p> For the week, the S&P 500 fell 1.9%, the Dow lost 1.7% and the Nasdaq declined 2.9%.</p><p><blockquote>本周,标普500指数下跌1.9%,道琼斯指数下跌1.7%,纳斯达克指数下跌2.9%。</blockquote></p><p> In Friday's session, Oracle tumbled 6.4% after the Wall Street Journal reported the enterprise software maker is in talks to buy electronic medical records company Cerner in a deal that could be valued at $30 billion. Shares of Cerner surged 12.9%.</p><p><blockquote>在周五的交易中,甲骨文暴跌 6.4%,此前《华尔街日报》报道了这家企业软件制造商正在洽谈收购电子病历公司 Cerner,交易价值可能为 300 亿美元。Cerner 股价飙升 12.9%。</blockquote></p><p> FedEx Corp rose almost 5% after the delivery firm reinstated its original fiscal 2022 forecast on Thursday, even as persistent labor woes chipped away profits.</p><p><blockquote>联邦快递公司 (FedEx Corp) 周四恢复了最初的 2022 财年预测,尽管持续的劳动力困境削弱了利润,但该公司股价上涨近 5%。</blockquote></p><p> Declining issues outnumbered advancing ones on the NYSE by a 1.50-to-1 ratio; on Nasdaq, a 1.16-to-1 ratio favored advancers.</p><p><blockquote>纽约证券交易所下跌发行量与上涨发行量的比例为 1.50 比 1;在纳斯达克,1.16比1的比率有利于进步人士。</blockquote></p><p> The S&P 500 posted 22 new 52-week highs and seven new lows; the Nasdaq Composite recorded 28 new highs and 341 new lows.</p><p><blockquote>标普500创下 22 个 52 周新高和 7 个新低;纳斯达克综合指数创下28个新高和341个新低。</blockquote></p><p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Wall Street ends down after mostly negative week<blockquote>华尔街在经历了大部分负面的一周后收盘下跌</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWall Street ends down after mostly negative week<blockquote>华尔街在经历了大部分负面的一周后收盘下跌</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Reuters</strong><span class=\"h-time small\">2021-12-18 07:59</span>\n</p>\n</h4>\n</header>\n<article>\n<p>(Reuters) - Wall Street finished lower on Friday, weighed down by Big Tech as investors worried about the Omicron coronavirus variant and digested the Federal Reserve's decision to end its pandemic-era stimulus faster.</p><p><blockquote>(路透社) - 华尔街周五收低,受到大型科技公司的拖累,投资者担心奥密克戎冠状病毒变种,并消化了美联储更快结束大流行时代刺激措施的决定。</blockquote></p><p> All three main U.S. stock indexes ended with a decline for the week after the Fed on Wednesday signaled three quarter-percentage-point interest rate hikes by the end of 2022 to combat surging inflation.</p><p><blockquote>在美联储周三暗示到 2022 年底加息三个四分之一个百分点以应对通胀飙升后,美国三大股指本周全部下跌。</blockquote></p><p> Nvidia dropped 2.1% and Alphabet lost 1.9%, both weighing on the S&P 500 and Nasdaq.</p><p><blockquote>英伟达下跌 2.1%,Alphabet下跌 1.9%,均令标普500和纳斯达克承压。</blockquote></p><p> The S&P 500 growth index lost 0.7% and the value index declined 1.4%.</p><p><blockquote>标普500增长指数下跌0.7%,价值指数下跌1.4%。</blockquote></p><p> All of the 11 major S&P 500 sector indexes fell, with financials leading the way down with a 2.3% drop. Energy lost 2.2%.</p><p><blockquote>标普500 11个主要板块指数全部下跌,其中金融股领跌2.3%。能源损失2.2%。</blockquote></p><p> Adding to uncertainty, Pfizer said on Friday the pandemic could extend through next year. European countries geared up for further travel and social restrictions and a study warned that the rapidly spreading Omicron coronavirus variant was five times more likely to reinfect people than its predecessor, Delta.</p><p><blockquote>辉瑞公司周五表示,疫情可能会持续到明年,这增加了不确定性。欧洲国家为进一步的旅行和社会限制做好了准备,一项研究警告说,快速传播的奥密克戎冠状病毒变种再次感染人们的可能性是其前身德尔塔的五倍。</blockquote></p><p> Traders also pointed to year-end tax selling and the simultaneous expiration of stock options, stock index futures and index options contracts - known as triple witching - as potential causes for volatility.</p><p><blockquote>交易员还指出,年终税收抛售以及股票期权、股指期货和指数期权合约同时到期(被称为三重巫术)是波动的潜在原因。</blockquote></p><p> \"It's a big options expiration day,\" said Joe Saluzzi, co-manager of trading at Themis Trading in Chatham, New Jersey. \"And now you draw on top of that some Omicron, and you've got volatility, and I think it creates a lot of uncertainty amongst investors. Where are you going to position for the end of the year?\"</p><p><blockquote>“这是一个重要的期权到期日,”新泽西州查塔姆 Themis Trading 的交易联席经理 Joe Saluzzi 表示。“现在你再加上一些奥密克戎,你就会出现波动,我认为这会给投资者带来很多不确定性。你打算在年底前把仓位放在哪里?”</blockquote></p><p> Heavyweight growth stocks including Nvidia and Microsoft have outperformed the broader market in 2021, while the Philadelphia SE Semiconductor index has surged about 35%. The benchmark S&P 500 index gained around 23% in the same period.</p><p><blockquote>2021年,英伟达和微软等权重成长股的表现优于大盘,而费城东南半导体指数则飙升约35%。同期,基准标普500指数上涨约 23%。</blockquote></p><p> In Friday's session, the Dow Jones Industrial Average fell 1.48% to end at 35,365.44 points, while the S&P 500 lost 1.03% to 4,620.64.</p><p><blockquote>在周五的交易中,道琼斯工业平均指数下跌1.48%,收于35,365.44点,而标普500指数下跌1.03%,至4,620.64点。</blockquote></p><p> The Nasdaq Composite dropped 0.07% to 15,169.68.</p><p><blockquote>纳斯达克综合指数下跌 0.07%,至 15,169.68 点。</blockquote></p><p> On a positive note, the small-cap Russell 2000 index rallied 1% after having fallen more than 10% from a record high in early November.</p><p><blockquote>从积极的方面来看,小盘股罗素 2000 指数在从 11 月初的历史高点下跌超过 10% 后反弹 1%。</blockquote></p><p> With options expiring, volume on U.S. exchanges jumped to 16.6 billion shares, far above the 11.9 billion average over the last 20 trading days.</p><p><blockquote>随着期权到期,美国交易所的成交量跃升至 166 亿股,远高于过去 20 个交易日 119 亿股的平均水平。</blockquote></p><p> For the week, the S&P 500 fell 1.9%, the Dow lost 1.7% and the Nasdaq declined 2.9%.</p><p><blockquote>本周,标普500指数下跌1.9%,道琼斯指数下跌1.7%,纳斯达克指数下跌2.9%。</blockquote></p><p> In Friday's session, Oracle tumbled 6.4% after the Wall Street Journal reported the enterprise software maker is in talks to buy electronic medical records company Cerner in a deal that could be valued at $30 billion. Shares of Cerner surged 12.9%.</p><p><blockquote>在周五的交易中,甲骨文暴跌 6.4%,此前《华尔街日报》报道了这家企业软件制造商正在洽谈收购电子病历公司 Cerner,交易价值可能为 300 亿美元。Cerner 股价飙升 12.9%。</blockquote></p><p> FedEx Corp rose almost 5% after the delivery firm reinstated its original fiscal 2022 forecast on Thursday, even as persistent labor woes chipped away profits.</p><p><blockquote>联邦快递公司 (FedEx Corp) 周四恢复了最初的 2022 财年预测,尽管持续的劳动力困境削弱了利润,但该公司股价上涨近 5%。</blockquote></p><p> Declining issues outnumbered advancing ones on the NYSE by a 1.50-to-1 ratio; on Nasdaq, a 1.16-to-1 ratio favored advancers.</p><p><blockquote>纽约证券交易所下跌发行量与上涨发行量的比例为 1.50 比 1;在纳斯达克,1.16比1的比率有利于进步人士。</blockquote></p><p> The S&P 500 posted 22 new 52-week highs and seven new lows; the Nasdaq Composite recorded 28 new highs and 341 new lows.</p><p><blockquote>标普500创下 22 个 52 周新高和 7 个新低;纳斯达克综合指数创下28个新高和341个新低。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源:<a href=\"https://finance.yahoo.com/news/us-stocks-wall-street-ends-212015460.html\">Reuters</a></p>\n<p>为提升您的阅读体验,我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index",".DJI":"道琼斯",".IXIC":"NASDAQ Composite"},"source_url":"https://finance.yahoo.com/news/us-stocks-wall-street-ends-212015460.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1116106959","content_text":"(Reuters) - Wall Street finished lower on Friday, weighed down by Big Tech as investors worried about the Omicron coronavirus variant and digested the Federal Reserve's decision to end its pandemic-era stimulus faster.\nAll three main U.S. stock indexes ended with a decline for the week after the Fed on Wednesday signaled three quarter-percentage-point interest rate hikes by the end of 2022 to combat surging inflation.\nNvidia dropped 2.1% and Alphabet lost 1.9%, both weighing on the S&P 500 and Nasdaq.\nThe S&P 500 growth index lost 0.7% and the value index declined 1.4%.\nAll of the 11 major S&P 500 sector indexes fell, with financials leading the way down with a 2.3% drop. Energy lost 2.2%.\nAdding to uncertainty, Pfizer said on Friday the pandemic could extend through next year. European countries geared up for further travel and social restrictions and a study warned that the rapidly spreading Omicron coronavirus variant was five times more likely to reinfect people than its predecessor, Delta.\nTraders also pointed to year-end tax selling and the simultaneous expiration of stock options, stock index futures and index options contracts - known as triple witching - as potential causes for volatility.\n\"It's a big options expiration day,\" said Joe Saluzzi, co-manager of trading at Themis Trading in Chatham, New Jersey. \"And now you draw on top of that some Omicron, and you've got volatility, and I think it creates a lot of uncertainty amongst investors. Where are you going to position for the end of the year?\"\nHeavyweight growth stocks including Nvidia and Microsoft have outperformed the broader market in 2021, while the Philadelphia SE Semiconductor index has surged about 35%. The benchmark S&P 500 index gained around 23% in the same period.\nIn Friday's session, the Dow Jones Industrial Average fell 1.48% to end at 35,365.44 points, while the S&P 500 lost 1.03% to 4,620.64.\nThe Nasdaq Composite dropped 0.07% to 15,169.68.\nOn a positive note, the small-cap Russell 2000 index rallied 1% after having fallen more than 10% from a record high in early November.\nWith options expiring, volume on U.S. exchanges jumped to 16.6 billion shares, far above the 11.9 billion average over the last 20 trading days.\nFor the week, the S&P 500 fell 1.9%, the Dow lost 1.7% and the Nasdaq declined 2.9%.\nIn Friday's session, Oracle tumbled 6.4% after the Wall Street Journal reported the enterprise software maker is in talks to buy electronic medical records company Cerner in a deal that could be valued at $30 billion. Shares of Cerner surged 12.9%.\nFedEx Corp rose almost 5% after the delivery firm reinstated its original fiscal 2022 forecast on Thursday, even as persistent labor woes chipped away profits.\nDeclining issues outnumbered advancing ones on the NYSE by a 1.50-to-1 ratio; on Nasdaq, a 1.16-to-1 ratio favored advancers.\nThe S&P 500 posted 22 new 52-week highs and seven new lows; the Nasdaq Composite recorded 28 new highs and 341 new lows.","news_type":1,"symbols_score_info":{".IXIC":0.9,".SPX":0.9,".DJI":0.9}},"isVote":1,"tweetType":1,"viewCount":1444,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":690810020,"gmtCreate":1639653308176,"gmtModify":1639653316974,"author":{"id":"3570885355172302","authorId":"3570885355172302","name":"Jstan","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3570885355172302","authorIdStr":"3570885355172302"},"themes":[],"title":"","htmlText":"What your take for hstech?","listText":"What your take for hstech?","text":"What your take for hstech?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/690810020","isVote":1,"tweetType":1,"viewCount":1057,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":690334709,"gmtCreate":1639632354949,"gmtModify":1639632445346,"author":{"id":"3570885355172302","authorId":"3570885355172302","name":"Jstan","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3570885355172302","authorIdStr":"3570885355172302"},"themes":[],"title":"","htmlText":"Like pls","listText":"Like pls","text":"Like pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/690334709","repostId":"1170403163","repostType":4,"repost":{"id":"1170403163","kind":"news","pubTimestamp":1639631616,"share":"https://www.laohunote.com/m/news/1170403163?lang=zh_CN&edition=full","pubTime":"2021-12-16 13:13","market":"us","language":"en","title":"These were the 10 best performing IPOs of 2021 amid a record year for stock market debuts<blockquote>在股市首次亮相创纪录的一年中,这些是 2021 年表现最好的 10 家 IPO</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1170403163","media":"Markets Insider","summary":"2021 was a record year for IPOs, with 2,388 new companies listing their shares around the globe.\nThe","content":"<p><ul> <li><b>2021 was a record year for IPOs, with 2,388 new companies listing their shares around the globe.</b></li> <li><b>The red-hot IPO market this year occurred amid a relentless grind higher in the broader stock market.</b></li> <li><b>These are the 10 best performing US stocks that went public in 2021.</b></li> </ul> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/4fc9bdacbbacd4a99b22407604d69e6e\" tg-width=\"790\" tg-height=\"395\" width=\"100%\" height=\"auto\"><span>A stock trader claps at the end of trade at the New York Stock Exchange.</span></p><p><blockquote><ul><li><b>2021 年是 IPO 创纪录的一年,全球有 2,388 家新公司上市。</b></li><li><b>今年火热的IPO市场是在大盘持续上涨的背景下发生的。</b></li><li><b>这些是2021年上市的10只表现最好的美国股票。</b></li></ul><p class=\"t-img-caption\"><span>纽约证券交易所交易结束时,一名股票交易员鼓掌。</span></p></blockquote></p><p> Record highs in the stock market have facilitated a boom in new company listings this year, with a record 2,388 firms going public around the globe, according to data from Ernst and Young.</p><p><blockquote>安永会计师事务所的数据显示,股市创下历史新高促进了今年新公司上市的繁荣,全球有创纪录的 2,388 家公司上市。</blockquote></p><p> Helping drive a resurgence in new company listings were SPACs, which peaked in early 2021 after a surge last year. Altogether, companies have raised $453 billion in proceeds from their IPOs, representing a 67% increase relative to 2020 and a more than doubling from 2019 levels.</p><p><blockquote>SPAC帮助推动了新公司上市的复苏,继去年激增后,SPAC在2021年初达到顶峰。总的来说,公司从IPO中筹集了4530亿美元的收益,比2020年增长了67%,比2019年的水平增加了一倍多。</blockquote></p><p> Firms going public have predominately been in the technology sector, and the Nasdaq Exchange captured the most IPOs relative to other global stock exchanges.High profile IPOs this year include electric vehicle startups Rivian and Lucid Group, and direct-to-consumer brands Allbirds and Warby Parker.</p><p><blockquote>上市的公司主要集中在科技行业,相对于其他全球证券交易所,纳斯达克交易所获得了最多的IPO。今年备受瞩目的IPO包括电动汽车初创公司Rivian和Lucid Group,以及直接面向消费者的品牌Allbirds和Warby Parker。</blockquote></p><p> And with more than 900 IPOs this year on US exchanges alone, there have been plenty of big winners and losers.</p><p><blockquote>仅今年美国交易所就有 900 多家 IPO,有很多大赢家和输家。</blockquote></p><p> These are the 10 best performing US IPOs of 2021 of companies with at least a $1 billion market capitalization. All performance data is as of December 15 and was sourced from Koyfin. (However, the chart action shown below reflects performance based on the opening price of a stock on its first day of trades, not its IPO price.)</p><p><blockquote>这些是2021年美国10家表现最好的IPO公司,市值至少为10亿美元。所有业绩数据截至 12 月 15 日,来源自 Koyfin。(但是,下面显示的图表操作反映的是基于股票首日开盘价的业绩,而不是其 IPO 价格。)</blockquote></p><p> <b>10. Prometheus Biosciences</b></p><p><blockquote><b>10. 普罗米修斯生物科学</b></blockquote></p><p> <b>Ticker:RXDX</b></p><p><blockquote><b>股票代码:RXDX</b></blockquote></p><p> <b>Gain Since IPO Price: 72%</b></p><p><blockquote><b>自IPO价格以来的收益:72%</b></blockquote></p><p> <b>Market Capitalization: $1.3 billion</b></p><p><blockquote><b>市值:13亿美元</b></blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/bfb6ec8f3b653138c4425868d1d79de9\" tg-width=\"647\" tg-height=\"526\" width=\"100%\" height=\"auto\"><span>Markets Insider</span></p><p><blockquote><p class=\"t-img-caption\"><span>市场内幕</span></p></blockquote></p><p> <b>9. Verve Therapeutics</b></p><p><blockquote><b>9. 神韵疗法</b></blockquote></p><p> <b>Ticker:VERV</b></p><p><blockquote><b>股票代码:VERV</b></blockquote></p><p> <b>Gain Since IPO Price: 75%</b></p><p><blockquote><b>自IPO价格以来的收益:75%</b></blockquote></p><p> <b>Market Capitalization: $1.6 billion</b></p><p><blockquote><b>市值:16亿美元</b></blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/3dc78c11f5c162a9c1e7a279f1708126\" tg-width=\"639\" tg-height=\"526\" width=\"100%\" height=\"auto\"><span>Markets Insider</span></p><p><blockquote><p class=\"t-img-caption\"><span>市场内幕</span></p></blockquote></p><p> <b>8. TaskUs</b></p><p><blockquote><b>8、口袋</b></blockquote></p><p> <b>Ticker:TASK</b></p><p><blockquote><b>股票代码:任务</b></blockquote></p><p> <b>Gain Since IPO Price: 91%</b></p><p><blockquote><b>自IPO价格以来的收益:91%</b></blockquote></p><p> <b>Market Capitalization: $4.3 billion</b></p><p><blockquote><b>市值:43亿美元</b></blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/f59d1387b908b8e02697da615a3f5ba4\" tg-width=\"656\" tg-height=\"526\" width=\"100%\" height=\"auto\"><span>Markets Insider</span></p><p><blockquote><p class=\"t-img-caption\"><span>市场内幕</span></p></blockquote></p><p> <b>7. Kanzhun</b></p><p><blockquote><b>7.看准</b></blockquote></p><p> <b>Ticker:BZ</b></p><p><blockquote><b>股票代码:BZ</b></blockquote></p><p> <b>Gain Since IPO Price: 93%</b></p><p><blockquote><b>自IPO价格以来的收益:93%</b></blockquote></p><p> <b>Market Capitalization: $14.7 billion</b></p><p><blockquote><b>市值:147亿美元</b></blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/f04f7fc1885d88d97c1864a339e25d32\" tg-width=\"656\" tg-height=\"526\" width=\"100%\" height=\"auto\"><span>Markets Insider</span></p><p><blockquote><p class=\"t-img-caption\"><span>市场内幕</span></p></blockquote></p><p> <b>6. Dutch Bros</b></p><p><blockquote><b>6. 荷兰兄弟</b></blockquote></p><p> <b>Ticker:BROS</b></p><p><blockquote><b>股票代码:兄弟</b></blockquote></p><p> <b>Gain Since IPO Price: 98%</b></p><p><blockquote><b>自IPO价格以来的收益:98%</b></blockquote></p><p> <b>Market Capitalization: $7.5 billion</b></p><p><blockquote><b>市值:75亿美元</b></blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/5b915d62d3fdfce5ea3188beb282ab47\" tg-width=\"668\" tg-height=\"526\" width=\"100%\" height=\"auto\"><span>Markets Insider</span></p><p><blockquote><p class=\"t-img-caption\"><span>市场内幕</span></p></blockquote></p><p> <b>5. Doximity</b></p><p><blockquote><b>5.粘性</b></blockquote></p><p> <b>Ticker:DOCS</b></p><p><blockquote><b>股票代码:DOCS</b></blockquote></p><p> <b>Gain Since IPO Price: 108%</b></p><p><blockquote><b>自IPO价格以来的收益:108%</b></blockquote></p><p> <b>Market Capitalization: $10.1 billion</b></p><p><blockquote><b>市值:101亿美元</b></blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/7d03dbe2dc83a8512105da91ac5151dc\" tg-width=\"669\" tg-height=\"526\" width=\"100%\" height=\"auto\"><span>Markets Insider</span></p><p><blockquote><p class=\"t-img-caption\"><span>市场内幕</span></p></blockquote></p><p> <b>4. Affirm</b></p><p><blockquote><b>4. 肯定</b></blockquote></p><p> <b>Ticker:AFRM</b></p><p><blockquote><b>股票代码:AFRM</b></blockquote></p><p> <b>Gain Since IPO Price: 111%</b></p><p><blockquote><b>自IPO价格以来的收益:111%</b></blockquote></p><p> <b>Market Capitalization: $29.0 billion</b></p><p><blockquote><b>市值:290亿美元</b></blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/27a04903a7c07c0ecf5edf3ddaf2d730\" tg-width=\"670\" tg-height=\"526\" width=\"100%\" height=\"auto\"><span>Markets Insider</span></p><p><blockquote><p class=\"t-img-caption\"><span>市场内幕</span></p></blockquote></p><p> <b>3. Global-e Online</b></p><p><blockquote><b>3. 全球电子在线</b></blockquote></p><p> <b>Ticker:GLBE</b></p><p><blockquote><b>股票代码:GLBE</b></blockquote></p><p> <b>Gain Since IPO Price: 120%</b></p><p><blockquote><b>自IPO价格以来的收益:120%</b></blockquote></p><p> <b>Market Capitalization: $8.0 billion</b></p><p><blockquote><b>市值:80亿美元</b></blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/0d88ded78988981e08d54b1287cbf948\" tg-width=\"664\" tg-height=\"526\" width=\"100%\" height=\"auto\"><span>Markets Insider</span></p><p><blockquote><p class=\"t-img-caption\"><span>市场内幕</span></p></blockquote></p><p> <b>2. ZIM Integrated Shipping Services</b></p><p><blockquote><b>2. 以星综合航运服务</b></blockquote></p><p> <b>Ticker:ZIM</b></p><p><blockquote><b>股票代码:ZIM</b></blockquote></p><p> <b>Gain Since IPO Price: 208%</b></p><p><blockquote><b>自IPO价格以来的收益:208%</b></blockquote></p><p> <b>Market Capitalization: $5.8 billion</b></p><p><blockquote><b>市值:58亿美元</b></blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/f32668f19b1e8678dcd33e3bbe3b0d9c\" tg-width=\"613\" tg-height=\"526\" width=\"100%\" height=\"auto\"><span>Markets Insider</span></p><p><blockquote><p class=\"t-img-caption\"><span>市场内幕</span></p></blockquote></p><p> <b>1. Digital World Acquisition</b></p><p><blockquote><b>1. 数字世界收购</b></blockquote></p><p> <b>Ticker:DWAC</b></p><p><blockquote><b>股票代码:DWAC</b></blockquote></p><p> <b>Gain Since IPO Price: 508%</b></p><p><blockquote><b>自IPO价格以来的收益:508%</b></blockquote></p><p> <b>Market Capitalization: $1.9 billion</b></p><p><blockquote><b>市值:19亿美元</b></blockquote></p><p></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/573ffacec216fcb41798f52b67583456\" tg-width=\"615\" tg-height=\"526\" width=\"100%\" height=\"auto\"><span>Markets Insider</span></p><p><blockquote><p class=\"t-img-caption\"><span>市场内幕</span></p></blockquote></p><p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>These were the 10 best performing IPOs of 2021 amid a record year for stock market debuts<blockquote>在股市首次亮相创纪录的一年中,这些是 2021 年表现最好的 10 家 IPO</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\">\nThese were the 10 best performing IPOs of 2021 amid a record year for stock market debuts<blockquote>在股市首次亮相创纪录的一年中,这些是 2021 年表现最好的 10 家 IPO</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Markets Insider</strong><span class=\"h-time small\">2021-12-16 13:13</span>\n</p>\n</h4>\n</header>\n<article>\n<p><ul> <li><b>2021 was a record year for IPOs, with 2,388 new companies listing their shares around the globe.</b></li> <li><b>The red-hot IPO market this year occurred amid a relentless grind higher in the broader stock market.</b></li> <li><b>These are the 10 best performing US stocks that went public in 2021.</b></li> </ul> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/4fc9bdacbbacd4a99b22407604d69e6e\" tg-width=\"790\" tg-height=\"395\" width=\"100%\" height=\"auto\"><span>A stock trader claps at the end of trade at the New York Stock Exchange.</span></p><p><blockquote><ul><li><b>2021 年是 IPO 创纪录的一年,全球有 2,388 家新公司上市。</b></li><li><b>今年火热的IPO市场是在大盘持续上涨的背景下发生的。</b></li><li><b>这些是2021年上市的10只表现最好的美国股票。</b></li></ul><p class=\"t-img-caption\"><span>纽约证券交易所交易结束时,一名股票交易员鼓掌。</span></p></blockquote></p><p> Record highs in the stock market have facilitated a boom in new company listings this year, with a record 2,388 firms going public around the globe, according to data from Ernst and Young.</p><p><blockquote>安永会计师事务所的数据显示,股市创下历史新高促进了今年新公司上市的繁荣,全球有创纪录的 2,388 家公司上市。</blockquote></p><p> Helping drive a resurgence in new company listings were SPACs, which peaked in early 2021 after a surge last year. Altogether, companies have raised $453 billion in proceeds from their IPOs, representing a 67% increase relative to 2020 and a more than doubling from 2019 levels.</p><p><blockquote>SPAC帮助推动了新公司上市的复苏,继去年激增后,SPAC在2021年初达到顶峰。总的来说,公司从IPO中筹集了4530亿美元的收益,比2020年增长了67%,比2019年的水平增加了一倍多。</blockquote></p><p> Firms going public have predominately been in the technology sector, and the Nasdaq Exchange captured the most IPOs relative to other global stock exchanges.High profile IPOs this year include electric vehicle startups Rivian and Lucid Group, and direct-to-consumer brands Allbirds and Warby Parker.</p><p><blockquote>上市的公司主要集中在科技行业,相对于其他全球证券交易所,纳斯达克交易所获得了最多的IPO。今年备受瞩目的IPO包括电动汽车初创公司Rivian和Lucid Group,以及直接面向消费者的品牌Allbirds和Warby Parker。</blockquote></p><p> And with more than 900 IPOs this year on US exchanges alone, there have been plenty of big winners and losers.</p><p><blockquote>仅今年美国交易所就有 900 多家 IPO,有很多大赢家和输家。</blockquote></p><p> These are the 10 best performing US IPOs of 2021 of companies with at least a $1 billion market capitalization. All performance data is as of December 15 and was sourced from Koyfin. (However, the chart action shown below reflects performance based on the opening price of a stock on its first day of trades, not its IPO price.)</p><p><blockquote>这些是2021年美国10家表现最好的IPO公司,市值至少为10亿美元。所有业绩数据截至 12 月 15 日,来源自 Koyfin。(但是,下面显示的图表操作反映的是基于股票首日开盘价的业绩,而不是其 IPO 价格。)</blockquote></p><p> <b>10. Prometheus Biosciences</b></p><p><blockquote><b>10. 普罗米修斯生物科学</b></blockquote></p><p> <b>Ticker:RXDX</b></p><p><blockquote><b>股票代码:RXDX</b></blockquote></p><p> <b>Gain Since IPO Price: 72%</b></p><p><blockquote><b>自IPO价格以来的收益:72%</b></blockquote></p><p> <b>Market Capitalization: $1.3 billion</b></p><p><blockquote><b>市值:13亿美元</b></blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/bfb6ec8f3b653138c4425868d1d79de9\" tg-width=\"647\" tg-height=\"526\" width=\"100%\" height=\"auto\"><span>Markets Insider</span></p><p><blockquote><p class=\"t-img-caption\"><span>市场内幕</span></p></blockquote></p><p> <b>9. Verve Therapeutics</b></p><p><blockquote><b>9. 神韵疗法</b></blockquote></p><p> <b>Ticker:VERV</b></p><p><blockquote><b>股票代码:VERV</b></blockquote></p><p> <b>Gain Since IPO Price: 75%</b></p><p><blockquote><b>自IPO价格以来的收益:75%</b></blockquote></p><p> <b>Market Capitalization: $1.6 billion</b></p><p><blockquote><b>市值:16亿美元</b></blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/3dc78c11f5c162a9c1e7a279f1708126\" tg-width=\"639\" tg-height=\"526\" width=\"100%\" height=\"auto\"><span>Markets Insider</span></p><p><blockquote><p class=\"t-img-caption\"><span>市场内幕</span></p></blockquote></p><p> <b>8. TaskUs</b></p><p><blockquote><b>8、口袋</b></blockquote></p><p> <b>Ticker:TASK</b></p><p><blockquote><b>股票代码:任务</b></blockquote></p><p> <b>Gain Since IPO Price: 91%</b></p><p><blockquote><b>自IPO价格以来的收益:91%</b></blockquote></p><p> <b>Market Capitalization: $4.3 billion</b></p><p><blockquote><b>市值:43亿美元</b></blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/f59d1387b908b8e02697da615a3f5ba4\" tg-width=\"656\" tg-height=\"526\" width=\"100%\" height=\"auto\"><span>Markets Insider</span></p><p><blockquote><p class=\"t-img-caption\"><span>市场内幕</span></p></blockquote></p><p> <b>7. Kanzhun</b></p><p><blockquote><b>7.看准</b></blockquote></p><p> <b>Ticker:BZ</b></p><p><blockquote><b>股票代码:BZ</b></blockquote></p><p> <b>Gain Since IPO Price: 93%</b></p><p><blockquote><b>自IPO价格以来的收益:93%</b></blockquote></p><p> <b>Market Capitalization: $14.7 billion</b></p><p><blockquote><b>市值:147亿美元</b></blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/f04f7fc1885d88d97c1864a339e25d32\" tg-width=\"656\" tg-height=\"526\" width=\"100%\" height=\"auto\"><span>Markets Insider</span></p><p><blockquote><p class=\"t-img-caption\"><span>市场内幕</span></p></blockquote></p><p> <b>6. Dutch Bros</b></p><p><blockquote><b>6. 荷兰兄弟</b></blockquote></p><p> <b>Ticker:BROS</b></p><p><blockquote><b>股票代码:兄弟</b></blockquote></p><p> <b>Gain Since IPO Price: 98%</b></p><p><blockquote><b>自IPO价格以来的收益:98%</b></blockquote></p><p> <b>Market Capitalization: $7.5 billion</b></p><p><blockquote><b>市值:75亿美元</b></blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/5b915d62d3fdfce5ea3188beb282ab47\" tg-width=\"668\" tg-height=\"526\" width=\"100%\" height=\"auto\"><span>Markets Insider</span></p><p><blockquote><p class=\"t-img-caption\"><span>市场内幕</span></p></blockquote></p><p> <b>5. Doximity</b></p><p><blockquote><b>5.粘性</b></blockquote></p><p> <b>Ticker:DOCS</b></p><p><blockquote><b>股票代码:DOCS</b></blockquote></p><p> <b>Gain Since IPO Price: 108%</b></p><p><blockquote><b>自IPO价格以来的收益:108%</b></blockquote></p><p> <b>Market Capitalization: $10.1 billion</b></p><p><blockquote><b>市值:101亿美元</b></blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/7d03dbe2dc83a8512105da91ac5151dc\" tg-width=\"669\" tg-height=\"526\" width=\"100%\" height=\"auto\"><span>Markets Insider</span></p><p><blockquote><p class=\"t-img-caption\"><span>市场内幕</span></p></blockquote></p><p> <b>4. Affirm</b></p><p><blockquote><b>4. 肯定</b></blockquote></p><p> <b>Ticker:AFRM</b></p><p><blockquote><b>股票代码:AFRM</b></blockquote></p><p> <b>Gain Since IPO Price: 111%</b></p><p><blockquote><b>自IPO价格以来的收益:111%</b></blockquote></p><p> <b>Market Capitalization: $29.0 billion</b></p><p><blockquote><b>市值:290亿美元</b></blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/27a04903a7c07c0ecf5edf3ddaf2d730\" tg-width=\"670\" tg-height=\"526\" width=\"100%\" height=\"auto\"><span>Markets Insider</span></p><p><blockquote><p class=\"t-img-caption\"><span>市场内幕</span></p></blockquote></p><p> <b>3. Global-e Online</b></p><p><blockquote><b>3. 全球电子在线</b></blockquote></p><p> <b>Ticker:GLBE</b></p><p><blockquote><b>股票代码:GLBE</b></blockquote></p><p> <b>Gain Since IPO Price: 120%</b></p><p><blockquote><b>自IPO价格以来的收益:120%</b></blockquote></p><p> <b>Market Capitalization: $8.0 billion</b></p><p><blockquote><b>市值:80亿美元</b></blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/0d88ded78988981e08d54b1287cbf948\" tg-width=\"664\" tg-height=\"526\" width=\"100%\" height=\"auto\"><span>Markets Insider</span></p><p><blockquote><p class=\"t-img-caption\"><span>市场内幕</span></p></blockquote></p><p> <b>2. ZIM Integrated Shipping Services</b></p><p><blockquote><b>2. 以星综合航运服务</b></blockquote></p><p> <b>Ticker:ZIM</b></p><p><blockquote><b>股票代码:ZIM</b></blockquote></p><p> <b>Gain Since IPO Price: 208%</b></p><p><blockquote><b>自IPO价格以来的收益:208%</b></blockquote></p><p> <b>Market Capitalization: $5.8 billion</b></p><p><blockquote><b>市值:58亿美元</b></blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/f32668f19b1e8678dcd33e3bbe3b0d9c\" tg-width=\"613\" tg-height=\"526\" width=\"100%\" height=\"auto\"><span>Markets Insider</span></p><p><blockquote><p class=\"t-img-caption\"><span>市场内幕</span></p></blockquote></p><p> <b>1. Digital World Acquisition</b></p><p><blockquote><b>1. 数字世界收购</b></blockquote></p><p> <b>Ticker:DWAC</b></p><p><blockquote><b>股票代码:DWAC</b></blockquote></p><p> <b>Gain Since IPO Price: 508%</b></p><p><blockquote><b>自IPO价格以来的收益:508%</b></blockquote></p><p> <b>Market Capitalization: $1.9 billion</b></p><p><blockquote><b>市值:19亿美元</b></blockquote></p><p></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/573ffacec216fcb41798f52b67583456\" tg-width=\"615\" tg-height=\"526\" width=\"100%\" height=\"auto\"><span>Markets Insider</span></p><p><blockquote><p class=\"t-img-caption\"><span>市场内幕</span></p></blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源:<a href=\"https://markets.businessinsider.com/news/stocks/2021-stock-market-review-10-best-performing-ipo-dwac-afrm-2021-12\">Markets Insider</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":{"ZIM":"以星航运","AFRM":"Affirm Holdings, Inc.","TASK":"TaskUs Inc.","BROS":"Dutch Bros Inc.",".IXIC":"NASDAQ Composite","RXDX":"Prometheus Biosciences, Inc.","GLBE":"Global-E Online Ltd.","BZ":"BOSS直聘","DOCS":"Doximity, Inc.",".SPX":"S&P 500 Index",".DJI":"道琼斯"},"source_url":"https://markets.businessinsider.com/news/stocks/2021-stock-market-review-10-best-performing-ipo-dwac-afrm-2021-12","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1170403163","content_text":"2021 was a record year for IPOs, with 2,388 new companies listing their shares around the globe.\nThe red-hot IPO market this year occurred amid a relentless grind higher in the broader stock market.\nThese are the 10 best performing US stocks that went public in 2021.\n\nA stock trader claps at the end of trade at the New York Stock Exchange.\nRecord highs in the stock market have facilitated a boom in new company listings this year, with a record 2,388 firms going public around the globe, according to data from Ernst and Young.\nHelping drive a resurgence in new company listings were SPACs, which peaked in early 2021 after a surge last year. Altogether, companies have raised $453 billion in proceeds from their IPOs, representing a 67% increase relative to 2020 and a more than doubling from 2019 levels.\nFirms going public have predominately been in the technology sector, and the Nasdaq Exchange captured the most IPOs relative to other global stock exchanges.High profile IPOs this year include electric vehicle startups Rivian and Lucid Group, and direct-to-consumer brands Allbirds and Warby Parker.\nAnd with more than 900 IPOs this year on US exchanges alone, there have been plenty of big winners and losers.\nThese are the 10 best performing US IPOs of 2021 of companies with at least a $1 billion market capitalization. All performance data is as of December 15 and was sourced from Koyfin. (However, the chart action shown below reflects performance based on the opening price of a stock on its first day of trades, not its IPO price.)\n10. Prometheus Biosciences\nTicker:RXDX\nGain Since IPO Price: 72%\nMarket Capitalization: $1.3 billion\nMarkets Insider\n9. Verve Therapeutics\nTicker:VERV\nGain Since IPO Price: 75%\nMarket Capitalization: $1.6 billion\nMarkets Insider\n8. TaskUs\nTicker:TASK\nGain Since IPO Price: 91%\nMarket Capitalization: $4.3 billion\nMarkets Insider\n7. Kanzhun\nTicker:BZ\nGain Since IPO Price: 93%\nMarket Capitalization: $14.7 billion\nMarkets Insider\n6. Dutch Bros\nTicker:BROS\nGain Since IPO Price: 98%\nMarket Capitalization: $7.5 billion\nMarkets Insider\n5. Doximity\nTicker:DOCS\nGain Since IPO Price: 108%\nMarket Capitalization: $10.1 billion\nMarkets Insider\n4. Affirm\nTicker:AFRM\nGain Since IPO Price: 111%\nMarket Capitalization: $29.0 billion\nMarkets Insider\n3. Global-e Online\nTicker:GLBE\nGain Since IPO Price: 120%\nMarket Capitalization: $8.0 billion\nMarkets Insider\n2. ZIM Integrated Shipping Services\nTicker:ZIM\nGain Since IPO Price: 208%\nMarket Capitalization: $5.8 billion\nMarkets Insider\n1. Digital World Acquisition\nTicker:DWAC\nGain Since IPO Price: 508%\nMarket Capitalization: $1.9 billion\nMarkets Insider","news_type":1,"symbols_score_info":{"BROS":0.9,"VERV":0.9,"DWAC":0.9,".DJI":0.9,".SPX":0.9,"AFRM":0.9,"ZIM":0.9,"BZ":0.9,".IXIC":0.9,"TASK":0.9,"GLBE":0.9,"RXDX":0.9,"DOCS":0.9}},"isVote":1,"tweetType":1,"viewCount":1129,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":607499820,"gmtCreate":1639575206230,"gmtModify":1639575211453,"author":{"id":"3570885355172302","authorId":"3570885355172302","name":"Jstan","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3570885355172302","authorIdStr":"3570885355172302"},"themes":[],"title":"","htmlText":"Like pls","listText":"Like pls","text":"Like pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/607499820","repostId":"1144636661","repostType":4,"repost":{"id":"1144636661","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1639573288,"share":"https://www.laohunote.com/m/news/1144636661?lang=zh_CN&edition=full","pubTime":"2021-12-15 21:01","market":"us","language":"en","title":"Toplines Before US Market Open on Wednesday<blockquote>周三美国市场开盘前的顶线</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1144636661","media":"Tiger Newspress","summary":"U.S. Stock futures traded flat Wednesday morning as investors looked ahead to the Federal Reserve's ","content":"<p>U.S. Stock futures traded flat Wednesday morning as investors looked ahead to the Federal Reserve's final monetary policy decision of 2021 and weighed the central bank's potential response to persistent inflationary pressures.</p><p><blockquote>周三上午,美国股指期货交易持平,投资者期待美联储 2021 年最终货币政策决定,并权衡央行对持续通胀压力的潜在反应。</blockquote></p><p> At 8:00 a.m. ET, Dow e-minis were up 16 points, or 0.05%, S&P 500 e-minis were up 0.75 point, or 0.02%, and Nasdaq 100 e-minis were down 9.25 points, or 0.06%.</p><p><blockquote>美国东部时间上午 8:00,道琼斯电子迷你指数上涨 16 点,即 0.05%,标普500电子迷你指数上涨 0.75 点,即 0.02%,纳斯达克 100 电子迷你指数下跌 9.25 点,即 0.06%。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/34286b7e4b17094339c3a583ba0a4e13\" tg-width=\"1080\" tg-height=\"379\" width=\"100%\" height=\"auto\"></p><p><blockquote></blockquote></p><p> All eyes on Wednesday will be on the Federal Reserve's monetary policy statement and press conference by Federal Reserve Chair Jerome Powell. Many market participants expect these will set the stage for the Fed to speed the withdrawal of its crisis-era stimulus programs, with the firming economic recovery and soaring inflation suggesting the central bank has room for a more hawkish tilt to policy. </p><p><blockquote>周三所有的目光都将集中在美联储的货币政策声明和美联储主席杰罗姆·鲍威尔的新闻发布会上。许多市场参与者预计,这将为美联储加快撤回危机时期刺激计划创造条件,经济复苏的稳固和通胀飙升表明央行有空间采取更加鹰派的政策倾斜。</blockquote></p><p> Last week's Consumer Price Index showed the fastest surge in U.S. consumer prices since 1982 on a year-over-year basis in November. And on Tuesday, the U.S. Producer Price Index jumped by the most on record at a 9.6% year-over-year increase for last month.</p><p><blockquote>上周的消费者价格指数显示,11 月份美国消费者价格出现了自 1982 年以来最快的同比飙升。周二,美国生产者价格指数上个月同比上涨9.6%,创有记录以来最大涨幅。</blockquote></p><p> Specifically, many investors anticipate the Fed will ramp up the rate of tapering of its asset-purchasing program, which took place at a rate of $120 billion per month in combined Treasuries and agency mortgage-backed securities from the start of the pandemic through November. Last month, the Fed began dialing back these purchases by $15 billion, and announced another $15 billion reduction for December.</p><p><blockquote>具体来说,许多投资者预计美联储将加快缩减资产购买计划的步伐,从疫情开始到 11 月,美国国债和机构抵押贷款支持证券的合并规模为每月 1200 亿美元。上个月,美联储开始将这些购买削减150亿美元,并宣布12月份再削减150亿美元。</blockquote></p><p> <b>Stocks making the biggest moves premarket: </b></p><p><blockquote><b>盘前波动最大的股票:</b></blockquote></p><p> <b><a href=\"https://laohu8.com/S/TM\">Toyota</a> </b>– <a href=\"https://laohu8.com/S/TM\">Toyota</a> gained 2.2% in premarket trading, after announcing it would produce a record 800,000 vehicles in January. Toyota is ramping up output to make up for prior production lost to parts shortages.</p><p><blockquote><b><a href=\"https://laohu8.com/S/TM\">丰田</a></b>–<a href=\"https://laohu8.com/S/TM\">丰田</a>在宣布 1 月份将生产创纪录的 80 万辆汽车后,盘前交易中上涨 2.2%。丰田正在提高产量,以弥补之前因零部件短缺而损失的产量。</blockquote></p><p> <b><a href=\"https://laohu8.com/S/VIR\">Vir Biotechnology, Inc.</a></b> – <a href=\"https://laohu8.com/S/VIR\">Vir Biotechnology, Inc.</a> is rallying 4.3% in the premarket, putting it in position to rise for a fifth straight day. The drugmaker announced further data showing that its Covid-19 antibody therapy – developed in partnership with GlaxoSmithKline(GSK) – was effective against the omicron variant.</p><p><blockquote><b><a href=\"https://laohu8.com/S/VIR\">维尔生物技术公司。</a></b>–<a href=\"https://laohu8.com/S/VIR\">维尔生物技术公司。</a>盘前上涨4.3%,有望连续第五天上涨。该制药商宣布了进一步的数据,显示其与葛兰素史克(GSK)合作开发的新冠肺炎抗体疗法对奥密克戎变种有效。</blockquote></p><p> <b><a href=\"https://laohu8.com/S/LLY\">Eli Lilly and</a></b> – The drugmaker raised its 2022 profit and revenue forecast ahead of today’s meeting with the investment community, noting that it is on track to meet its goal of delivering 20 new treatments in the 10-year period through 2023. Lilly moved higher by 4.7% in the premarket.</p><p><blockquote><b><a href=\"https://laohu8.com/S/LLY\">礼来和</a></b>- 在今天与投资界会面之前,该制药商提高了 2022 年的利润和收入预测,并指出该公司有望实现在 2023 年之前的 10 年内提供 20 种新疗法的目标。礼来公司在盘前上涨 4.7%。</blockquote></p><p> <b><a href=\"https://laohu8.com/S/RRD\">R.R.Donnelley</a></b> – <a href=\"https://laohu8.com/S/RRD\">R.R.Donnelley</a> agreed to be acquired by Chatham Asset Management – the printing company’s top shareholder – for about $897 million. Donnelley terminated an earlier buyout deal it reached with private equity firm Atlas Holdings after determining that Chatham’s bid was a “superior proposal.” The stock fell 2.8% in the premarket.</p><p><blockquote><b><a href=\"https://laohu8.com/S/RRD\">R.R.唐纳利</a></b>–<a href=\"https://laohu8.com/S/RRD\">R.R.唐纳利</a>同意被印刷公司最大股东查塔姆资产管理公司(Chatham Asset Management)以约 8.97 亿美元收购。唐纳利终止了早些时候与私募股权公司阿特拉斯控股公司达成的收购协议,因为它认定查塔姆的出价是一个 “更优的提议”。该股盘前下跌2.8%。</blockquote></p><p> <b><a href=\"https://laohu8.com/S/DPZ\">Domino's Pizza</a></b> – Domino’s fell 2.1% in premarket trading after Barclays downgraded the stock to “underweight” from “equal weight.” Barclays said solid fundamentals and Covid headwinds in the industry as a whole helped Domino’s outperform during the pandemic, but noted that those headwinds for its competitors are now fading.</p><p><blockquote><b><a href=\"https://laohu8.com/S/DPZ\">达美乐披萨</a></b>- 巴克莱银行将达美乐股票评级从 “同等权重 ”下调至 “跑输大盘 ”后,该股在盘前交易中下跌 2.1%。巴克莱银行表示,整个行业稳健的基本面和 Covid 的阻力帮助达美乐在大流行病期间表现出色,但也指出,其竞争对手面临的这些阻力现在正在消退。</blockquote></p><p> <b><a href=\"https://laohu8.com/S/REGN\">Regeneron Pharmaceuticals</a></b> – Regeneron was downgraded to “market perform” from “outperform” at Bernstein, which cites the risk to Regeneron’s best-selling eye drug Eylea from the future release of biosimilars. Regeneron slid 1.8% in the premarket.</p><p><blockquote><b><a href=\"https://laohu8.com/S/REGN\">再生元制药</a></b>- 伯恩斯坦将再生元的评级从 “跑赢大盘 ”下调至 “跑赢大盘 ”,理由是未来发布生物仿制药会给再生元最畅销的眼科药物 Eylea 带来风险。再生元盘前下跌 1.8%。</blockquote></p><p> <b><a href=\"https://laohu8.com/S/SIX\">Six Flags Entertainment</a></b> – The theme park operator’s stock rose 2.2% in the premarket after Goldman Sachs upgraded it to “buy” from “neutral,” noting resilient ticket pricing as well as guidance from Six Flags that Goldman considers conservative.</p><p><blockquote><b><a href=\"https://laohu8.com/S/SIX\">六旗娱乐</a></b>- 高盛(Goldman Sachs)将主题公园运营商的评级从 “中性 ”上调至 “买入 ”后,该主题公园运营商的股价在盘前上涨了 2.2%,指出门票价格有弹性,以及高盛认为保守的六旗公司的指导。</blockquote></p><p> <b><a href=\"https://laohu8.com/S/TWNK\">Hostess Brands Inc</a></b> – The maker of Twinkies and other snack foods was rated “buy” in new coverage at Citi, which said Hostess is exiting the pandemic in a strong position with innovation driving market share gains. Hostess was up 1.1% in the premarket.</p><p><blockquote><b><a href=\"https://laohu8.com/S/TWNK\">女主人品牌公司</a></b>- 在花旗的最新报道中,这家三明治和其他休闲食品制造商被给予 “买入 ”评级,花旗称 Hostess 在大流行病中处于有利地位,创新推动市场份额增长。Hostess 盘前上涨 1.1%。</blockquote></p><p> <b><a href=\"https://laohu8.com/S/UPS\">United Parcel Service Inc</a></b> – UBS named the delivery service’s stock as a “top pick,” saying UPS should benefit from increased consumer spending and that it has a greater chance of margin expansion than its rivals. UPS rose 1.1% in premarket trading.</p><p><blockquote><b><a href=\"https://laohu8.com/S/UPS\">联合包裹服务公司</a></b>- 瑞银(UBS)将这家快递服务公司的股票列为 “首选”,称 UPS 应该受益于消费者支出的增加,而且与竞争对手相比,它有更大的利润率扩张机会。UPS在盘前交易中上涨1.1%。</blockquote></p><p></p><p> <b><a href=\"https://laohu8.com/S/CCMP\">Cabot Microelectronics</a></b> – The advanced materials supplier agreed to be acquired by rivalEntegris(ENTG) in a cash-and-stock deal. Based on Tuesday’s closing prices, the transaction is worth $197.53 per CMC share, compared with CMC’s Tuesday close of $145.97. Entegris fell 3% in the premarket.</p><p><blockquote><b><a href=\"https://laohu8.com/S/CCMP\">卡伯特微电子公司</a></b>– 先进材料供应商同意被 rivalEntegris(ENTG) 以现金加股票的方式收购。根据周二的收盘价,此次交易价格为每股 CMC 股票 197.53 美元,而 CMC 周二的收盘价为 145.97 美元。Entegris 盘前下跌 3%。</blockquote></p><p> <b><a href=\"https://laohu8.com/S/BLMN\">Bloomin</a></b> – The Outback Steakhouse parent surged 5.3% in premarket trading after Jefferies added the stock to its “franchise picks” list, saying the company was positioned to benefit from positive structural changes in the casual dining category.</p><p><blockquote><b><a href=\"https://laohu8.com/S/BLMN\">布鲁明</a></b>- Outback Steakhouse 的母公司在盘前交易中飙升 5.3%,此前杰富瑞将该股列入其 “特许经营精选 ”名单,称该公司有望从休闲餐饮类别的积极结构性变化中受益。</blockquote></p><p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Toplines Before US Market Open on Wednesday<blockquote>周三美国市场开盘前的顶线</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nToplines Before US Market Open on Wednesday<blockquote>周三美国市场开盘前的顶线</blockquote>\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time smaller\">2021-12-15 21:01</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>U.S. Stock futures traded flat Wednesday morning as investors looked ahead to the Federal Reserve's final monetary policy decision of 2021 and weighed the central bank's potential response to persistent inflationary pressures.</p><p><blockquote>周三上午,美国股指期货交易持平,投资者期待美联储 2021 年最终货币政策决定,并权衡央行对持续通胀压力的潜在反应。</blockquote></p><p> At 8:00 a.m. ET, Dow e-minis were up 16 points, or 0.05%, S&P 500 e-minis were up 0.75 point, or 0.02%, and Nasdaq 100 e-minis were down 9.25 points, or 0.06%.</p><p><blockquote>美国东部时间上午 8:00,道琼斯电子迷你指数上涨 16 点,即 0.05%,标普500电子迷你指数上涨 0.75 点,即 0.02%,纳斯达克 100 电子迷你指数下跌 9.25 点,即 0.06%。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/34286b7e4b17094339c3a583ba0a4e13\" tg-width=\"1080\" tg-height=\"379\" width=\"100%\" height=\"auto\"></p><p><blockquote></blockquote></p><p> All eyes on Wednesday will be on the Federal Reserve's monetary policy statement and press conference by Federal Reserve Chair Jerome Powell. Many market participants expect these will set the stage for the Fed to speed the withdrawal of its crisis-era stimulus programs, with the firming economic recovery and soaring inflation suggesting the central bank has room for a more hawkish tilt to policy. </p><p><blockquote>周三所有的目光都将集中在美联储的货币政策声明和美联储主席杰罗姆·鲍威尔的新闻发布会上。许多市场参与者预计,这将为美联储加快撤回危机时期刺激计划创造条件,经济复苏的稳固和通胀飙升表明央行有空间采取更加鹰派的政策倾斜。</blockquote></p><p> Last week's Consumer Price Index showed the fastest surge in U.S. consumer prices since 1982 on a year-over-year basis in November. And on Tuesday, the U.S. Producer Price Index jumped by the most on record at a 9.6% year-over-year increase for last month.</p><p><blockquote>上周的消费者价格指数显示,11 月份美国消费者价格出现了自 1982 年以来最快的同比飙升。周二,美国生产者价格指数上个月同比上涨9.6%,创有记录以来最大涨幅。</blockquote></p><p> Specifically, many investors anticipate the Fed will ramp up the rate of tapering of its asset-purchasing program, which took place at a rate of $120 billion per month in combined Treasuries and agency mortgage-backed securities from the start of the pandemic through November. Last month, the Fed began dialing back these purchases by $15 billion, and announced another $15 billion reduction for December.</p><p><blockquote>具体来说,许多投资者预计美联储将加快缩减资产购买计划的步伐,从疫情开始到 11 月,美国国债和机构抵押贷款支持证券的合并规模为每月 1200 亿美元。上个月,美联储开始将这些购买削减150亿美元,并宣布12月份再削减150亿美元。</blockquote></p><p> <b>Stocks making the biggest moves premarket: </b></p><p><blockquote><b>盘前波动最大的股票:</b></blockquote></p><p> <b><a href=\"https://laohu8.com/S/TM\">Toyota</a> </b>– <a href=\"https://laohu8.com/S/TM\">Toyota</a> gained 2.2% in premarket trading, after announcing it would produce a record 800,000 vehicles in January. Toyota is ramping up output to make up for prior production lost to parts shortages.</p><p><blockquote><b><a href=\"https://laohu8.com/S/TM\">丰田</a></b>–<a href=\"https://laohu8.com/S/TM\">丰田</a>在宣布 1 月份将生产创纪录的 80 万辆汽车后,盘前交易中上涨 2.2%。丰田正在提高产量,以弥补之前因零部件短缺而损失的产量。</blockquote></p><p> <b><a href=\"https://laohu8.com/S/VIR\">Vir Biotechnology, Inc.</a></b> – <a href=\"https://laohu8.com/S/VIR\">Vir Biotechnology, Inc.</a> is rallying 4.3% in the premarket, putting it in position to rise for a fifth straight day. The drugmaker announced further data showing that its Covid-19 antibody therapy – developed in partnership with GlaxoSmithKline(GSK) – was effective against the omicron variant.</p><p><blockquote><b><a href=\"https://laohu8.com/S/VIR\">维尔生物技术公司。</a></b>–<a href=\"https://laohu8.com/S/VIR\">维尔生物技术公司。</a>盘前上涨4.3%,有望连续第五天上涨。该制药商宣布了进一步的数据,显示其与葛兰素史克(GSK)合作开发的新冠肺炎抗体疗法对奥密克戎变种有效。</blockquote></p><p> <b><a href=\"https://laohu8.com/S/LLY\">Eli Lilly and</a></b> – The drugmaker raised its 2022 profit and revenue forecast ahead of today’s meeting with the investment community, noting that it is on track to meet its goal of delivering 20 new treatments in the 10-year period through 2023. Lilly moved higher by 4.7% in the premarket.</p><p><blockquote><b><a href=\"https://laohu8.com/S/LLY\">礼来和</a></b>- 在今天与投资界会面之前,该制药商提高了 2022 年的利润和收入预测,并指出该公司有望实现在 2023 年之前的 10 年内提供 20 种新疗法的目标。礼来公司在盘前上涨 4.7%。</blockquote></p><p> <b><a href=\"https://laohu8.com/S/RRD\">R.R.Donnelley</a></b> – <a href=\"https://laohu8.com/S/RRD\">R.R.Donnelley</a> agreed to be acquired by Chatham Asset Management – the printing company’s top shareholder – for about $897 million. Donnelley terminated an earlier buyout deal it reached with private equity firm Atlas Holdings after determining that Chatham’s bid was a “superior proposal.” The stock fell 2.8% in the premarket.</p><p><blockquote><b><a href=\"https://laohu8.com/S/RRD\">R.R.唐纳利</a></b>–<a href=\"https://laohu8.com/S/RRD\">R.R.唐纳利</a>同意被印刷公司最大股东查塔姆资产管理公司(Chatham Asset Management)以约 8.97 亿美元收购。唐纳利终止了早些时候与私募股权公司阿特拉斯控股公司达成的收购协议,因为它认定查塔姆的出价是一个 “更优的提议”。该股盘前下跌2.8%。</blockquote></p><p> <b><a href=\"https://laohu8.com/S/DPZ\">Domino's Pizza</a></b> – Domino’s fell 2.1% in premarket trading after Barclays downgraded the stock to “underweight” from “equal weight.” Barclays said solid fundamentals and Covid headwinds in the industry as a whole helped Domino’s outperform during the pandemic, but noted that those headwinds for its competitors are now fading.</p><p><blockquote><b><a href=\"https://laohu8.com/S/DPZ\">达美乐披萨</a></b>- 巴克莱银行将达美乐股票评级从 “同等权重 ”下调至 “跑输大盘 ”后,该股在盘前交易中下跌 2.1%。巴克莱银行表示,整个行业稳健的基本面和 Covid 的阻力帮助达美乐在大流行病期间表现出色,但也指出,其竞争对手面临的这些阻力现在正在消退。</blockquote></p><p> <b><a href=\"https://laohu8.com/S/REGN\">Regeneron Pharmaceuticals</a></b> – Regeneron was downgraded to “market perform” from “outperform” at Bernstein, which cites the risk to Regeneron’s best-selling eye drug Eylea from the future release of biosimilars. Regeneron slid 1.8% in the premarket.</p><p><blockquote><b><a href=\"https://laohu8.com/S/REGN\">再生元制药</a></b>- 伯恩斯坦将再生元的评级从 “跑赢大盘 ”下调至 “跑赢大盘 ”,理由是未来发布生物仿制药会给再生元最畅销的眼科药物 Eylea 带来风险。再生元盘前下跌 1.8%。</blockquote></p><p> <b><a href=\"https://laohu8.com/S/SIX\">Six Flags Entertainment</a></b> – The theme park operator’s stock rose 2.2% in the premarket after Goldman Sachs upgraded it to “buy” from “neutral,” noting resilient ticket pricing as well as guidance from Six Flags that Goldman considers conservative.</p><p><blockquote><b><a href=\"https://laohu8.com/S/SIX\">六旗娱乐</a></b>- 高盛(Goldman Sachs)将主题公园运营商的评级从 “中性 ”上调至 “买入 ”后,该主题公园运营商的股价在盘前上涨了 2.2%,指出门票价格有弹性,以及高盛认为保守的六旗公司的指导。</blockquote></p><p> <b><a href=\"https://laohu8.com/S/TWNK\">Hostess Brands Inc</a></b> – The maker of Twinkies and other snack foods was rated “buy” in new coverage at Citi, which said Hostess is exiting the pandemic in a strong position with innovation driving market share gains. Hostess was up 1.1% in the premarket.</p><p><blockquote><b><a href=\"https://laohu8.com/S/TWNK\">女主人品牌公司</a></b>- 在花旗的最新报道中,这家三明治和其他休闲食品制造商被给予 “买入 ”评级,花旗称 Hostess 在大流行病中处于有利地位,创新推动市场份额增长。Hostess 盘前上涨 1.1%。</blockquote></p><p> <b><a href=\"https://laohu8.com/S/UPS\">United Parcel Service Inc</a></b> – UBS named the delivery service’s stock as a “top pick,” saying UPS should benefit from increased consumer spending and that it has a greater chance of margin expansion than its rivals. UPS rose 1.1% in premarket trading.</p><p><blockquote><b><a href=\"https://laohu8.com/S/UPS\">联合包裹服务公司</a></b>- 瑞银(UBS)将这家快递服务公司的股票列为 “首选”,称 UPS 应该受益于消费者支出的增加,而且与竞争对手相比,它有更大的利润率扩张机会。UPS在盘前交易中上涨1.1%。</blockquote></p><p></p><p> <b><a href=\"https://laohu8.com/S/CCMP\">Cabot Microelectronics</a></b> – The advanced materials supplier agreed to be acquired by rivalEntegris(ENTG) in a cash-and-stock deal. Based on Tuesday’s closing prices, the transaction is worth $197.53 per CMC share, compared with CMC’s Tuesday close of $145.97. Entegris fell 3% in the premarket.</p><p><blockquote><b><a href=\"https://laohu8.com/S/CCMP\">卡伯特微电子公司</a></b>– 先进材料供应商同意被 rivalEntegris(ENTG) 以现金加股票的方式收购。根据周二的收盘价,此次交易价格为每股 CMC 股票 197.53 美元,而 CMC 周二的收盘价为 145.97 美元。Entegris 盘前下跌 3%。</blockquote></p><p> <b><a href=\"https://laohu8.com/S/BLMN\">Bloomin</a></b> – The Outback Steakhouse parent surged 5.3% in premarket trading after Jefferies added the stock to its “franchise picks” list, saying the company was positioned to benefit from positive structural changes in the casual dining category.</p><p><blockquote><b><a href=\"https://laohu8.com/S/BLMN\">布鲁明</a></b>- Outback Steakhouse 的母公司在盘前交易中飙升 5.3%,此前杰富瑞将该股列入其 “特许经营精选 ”名单,称该公司有望从休闲餐饮类别的积极结构性变化中受益。</blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index",".DJI":"道琼斯",".IXIC":"NASDAQ Composite"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1144636661","content_text":"U.S. Stock futures traded flat Wednesday morning as investors looked ahead to the Federal Reserve's final monetary policy decision of 2021 and weighed the central bank's potential response to persistent inflationary pressures.\nAt 8:00 a.m. ET, Dow e-minis were up 16 points, or 0.05%, S&P 500 e-minis were up 0.75 point, or 0.02%, and Nasdaq 100 e-minis were down 9.25 points, or 0.06%.\n\nAll eyes on Wednesday will be on the Federal Reserve's monetary policy statement and press conference by Federal Reserve Chair Jerome Powell. Many market participants expect these will set the stage for the Fed to speed the withdrawal of its crisis-era stimulus programs, with the firming economic recovery and soaring inflation suggesting the central bank has room for a more hawkish tilt to policy. \nLast week's Consumer Price Index showed the fastest surge in U.S. consumer prices since 1982 on a year-over-year basis in November. And on Tuesday, the U.S. Producer Price Index jumped by the most on record at a 9.6% year-over-year increase for last month.\nSpecifically, many investors anticipate the Fed will ramp up the rate of tapering of its asset-purchasing program, which took place at a rate of $120 billion per month in combined Treasuries and agency mortgage-backed securities from the start of the pandemic through November. Last month, the Fed began dialing back these purchases by $15 billion, and announced another $15 billion reduction for December.\nStocks making the biggest moves premarket: \nToyota – Toyota gained 2.2% in premarket trading, after announcing it would produce a record 800,000 vehicles in January. Toyota is ramping up output to make up for prior production lost to parts shortages.\nVir Biotechnology, Inc. – Vir Biotechnology, Inc. is rallying 4.3% in the premarket, putting it in position to rise for a fifth straight day. The drugmaker announced further data showing that its Covid-19 antibody therapy – developed in partnership with GlaxoSmithKline(GSK) – was effective against the omicron variant.\nEli Lilly and – The drugmaker raised its 2022 profit and revenue forecast ahead of today’s meeting with the investment community, noting that it is on track to meet its goal of delivering 20 new treatments in the 10-year period through 2023. Lilly moved higher by 4.7% in the premarket.\nR.R.Donnelley – R.R.Donnelley agreed to be acquired by Chatham Asset Management – the printing company’s top shareholder – for about $897 million. Donnelley terminated an earlier buyout deal it reached with private equity firm Atlas Holdings after determining that Chatham’s bid was a “superior proposal.” The stock fell 2.8% in the premarket.\nDomino's Pizza – Domino’s fell 2.1% in premarket trading after Barclays downgraded the stock to “underweight” from “equal weight.” Barclays said solid fundamentals and Covid headwinds in the industry as a whole helped Domino’s outperform during the pandemic, but noted that those headwinds for its competitors are now fading.\nRegeneron Pharmaceuticals – Regeneron was downgraded to “market perform” from “outperform” at Bernstein, which cites the risk to Regeneron’s best-selling eye drug Eylea from the future release of biosimilars. Regeneron slid 1.8% in the premarket.\nSix Flags Entertainment – The theme park operator’s stock rose 2.2% in the premarket after Goldman Sachs upgraded it to “buy” from “neutral,” noting resilient ticket pricing as well as guidance from Six Flags that Goldman considers conservative.\nHostess Brands Inc – The maker of Twinkies and other snack foods was rated “buy” in new coverage at Citi, which said Hostess is exiting the pandemic in a strong position with innovation driving market share gains. Hostess was up 1.1% in the premarket.\nUnited Parcel Service Inc – UBS named the delivery service’s stock as a “top pick,” saying UPS should benefit from increased consumer spending and that it has a greater chance of margin expansion than its rivals. UPS rose 1.1% in premarket trading.\nCabot Microelectronics – The advanced materials supplier agreed to be acquired by rivalEntegris(ENTG) in a cash-and-stock deal. Based on Tuesday’s closing prices, the transaction is worth $197.53 per CMC share, compared with CMC’s Tuesday close of $145.97. Entegris fell 3% in the premarket.\nBloomin – The Outback Steakhouse parent surged 5.3% in premarket trading after Jefferies added the stock to its “franchise picks” list, saying the company was positioned to benefit from positive structural changes in the casual dining category.","news_type":1,"symbols_score_info":{".DJI":0.9,".IXIC":0.9,".SPX":0.9}},"isVote":1,"tweetType":1,"viewCount":1108,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0}],"hots":[{"id":839245879,"gmtCreate":1629163629891,"gmtModify":1633686913601,"author":{"id":"3570885355172302","authorId":"3570885355172302","name":"Jstan","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3570885355172302","idStr":"3570885355172302"},"themes":[],"title":"","htmlText":"Like pls","listText":"Like pls","text":"Like 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pls","listText":"Like pls","text":"Like pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":9,"commentSize":4,"repostSize":0,"link":"https://laohu8.com/post/605223931","repostId":"1133027099","repostType":4,"repost":{"id":"1133027099","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1639152670,"share":"https://www.laohunote.com/m/news/1133027099?lang=zh_CN&edition=full","pubTime":"2021-12-11 00:11","market":"us","language":"en","title":"Sea Ltd stock dropped more than 5% in morning trading<blockquote>Sea Ltd 股价早盘下跌超过 5%</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1133027099","media":"Tiger Newspress","summary":"Sea Ltd stock dropped more than 5% in morning trading.","content":"<p>Sea Ltd stock dropped more than 5% in morning trading.</p><p><blockquote>Sea Ltd 股价在早盘交易中下跌超过 5%。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/f6295277426435ac2c7135ba73dfbdef\" tg-width=\"840\" tg-height=\"470\" width=\"100%\" height=\"auto\"></p><p><blockquote></blockquote></p><p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Sea Ltd stock dropped more than 5% in morning trading<blockquote>Sea Ltd 股价早盘下跌超过 5%</blockquote></title>\n<style 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#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\">\nSea Ltd stock dropped more than 5% in morning trading<blockquote>Sea Ltd 股价早盘下跌超过 5%</blockquote>\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time smaller\">2021-12-11 00:11</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>Sea Ltd stock dropped more than 5% in morning trading.</p><p><blockquote>Sea Ltd 股价在早盘交易中下跌超过 5%。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/f6295277426435ac2c7135ba73dfbdef\" tg-width=\"840\" tg-height=\"470\" width=\"100%\" height=\"auto\"></p><p><blockquote></blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SE":"Sea Ltd"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1133027099","content_text":"Sea Ltd stock dropped more than 5% in morning trading.","news_type":1,"symbols_score_info":{"SE":0.9}},"isVote":1,"tweetType":1,"viewCount":609,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":844083659,"gmtCreate":1636377420015,"gmtModify":1636377621594,"author":{"id":"3570885355172302","authorId":"3570885355172302","name":"Jstan","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3570885355172302","idStr":"3570885355172302"},"themes":[],"title":"","htmlText":"Like pls","listText":"Like pls","text":"Like 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