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2021-12-17

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Novavax continued to jump nearly 5% in morning trading as its vaccine had been included on the emergency use list<blockquote>Novavax早盘继续上涨近5%，因其疫苗已被列入紧急使用清单</blockquote>

2021-12-17

Why

EV stocks fell sharply in morning trading ,with Rivian sliding 12%,Lucid Group sliding 7% and General Motors sliding 5%<blockquote>电动汽车股早盘大幅下跌，Rivian跌12%，Lucid Group跌7%，通用跌5%</blockquote>

2021-12-17

#PLTR GREEN!

2021-12-16

$PLTR green day!

2021-12-16

Like!

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2021-07-21

$Tellurian Inc.(TELL)$Nice

2021-07-13

Nice

Just 5% Of All Bitcoins In Circulation Have Traded In The Past Year<blockquote>去年，流通中的比特币中只有5%进行了交易</blockquote>

2021-07-10

Nice

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2021-06-15

Nice

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2021-06-15

Wow

Big-Tech & Bitcoin Pumped As Banks, Bonds, & Bullion Dumped<blockquote>随着银行、债券和金条的抛售，大型科技公司和比特币股价上涨</blockquote>

2021-06-15

Expensive

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2021-06-15

Nice

What to Expect in This Week’s Federal Reserve Meeting<blockquote>本周美联储会议有何期待</blockquote>

2021-06-14

Nice

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2021-06-13

Hi

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2021-06-13

Post

Fubo TV surged over 7% in morning trading<blockquote>阜博电视早盘大涨超7%</blockquote>

2021-06-13

Post

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2021-06-13

Post

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2021-06-13

Nice

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2021-06-13

Post for like

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2021-06-13

Posting for letters

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tg-height=\"561\" width=\"100%\" height=\"auto\">The World Health Organization has included&nbsp;its&nbsp;vaccine NVX-CoV2373 on the emergency use list,and its&nbsp;original drug called nuvaxovidtm is currently undergoing evaluation by the European Medicines Agency.</p><p><blockquote>Novavax早盘继续上涨近5%，因其疫苗已被列入紧急使用清单。世界卫生组织已将其疫苗NVX-CoV2373列入紧急使用清单，其名为nuvaxovidtm的原研药物目前正在接受欧洲药品管理局的评估。</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>Novavax continued to jump nearly 5% in morning trading as its vaccine had been included on the emergency use list<blockquote>Novavax早盘继续上涨近5%，因其疫苗已被列入紧急使用清单</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\">\nNovavax continued to jump nearly 5% in morning trading as its vaccine had been included on the emergency use list<blockquote>Novavax早盘继续上涨近5%，因其疫苗已被列入紧急使用清单</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\">2021-12-17 22:40</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>Novavax continued to jump nearly&nbsp;5% in morning trading as its vaccine had been included on the&nbsp;emergency use list.<img src=\"https://static.tigerbbs.com/6e0b5588f7377a98c70179cdc8612b3f\" tg-width=\"765\" tg-height=\"561\" width=\"100%\" height=\"auto\">The World Health Organization has included&nbsp;its&nbsp;vaccine NVX-CoV2373 on the emergency use list,and its&nbsp;original drug called nuvaxovidtm is currently undergoing evaluation by the European Medicines Agency.</p><p><blockquote>Novavax早盘继续上涨近5%，因其疫苗已被列入紧急使用清单。世界卫生组织已将其疫苗NVX-CoV2373列入紧急使用清单，其名为nuvaxovidtm的原研药物目前正在接受欧洲药品管理局的评估。</blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NVAX":"诺瓦瓦克斯医药"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1155244596","content_text":"Novavax continued to jump nearly 5% in morning trading as its vaccine had been included on the emergency use list.The World Health Organization has included its vaccine NVX-CoV2373 on the emergency use list,and its original drug called nuvaxovidtm is currently undergoing evaluation by the European Medicines Agency.","news_type":1,"symbols_score_info":{"NVAX":0.9}},"isVote":1,"tweetType":1,"viewCount":3211,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":699109573,"gmtCreate":1639753298639,"gmtModify":1639753298736,"author":{"id":"3572498650193459","authorId":"3572498650193459","name":"ProLim","avatar":"https://static.tigerbbs.com/6eca4831f468b79e30513dff47109ae3","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3572498650193459","idStr":"3572498650193459"},"themes":[],"htmlText":"Why","listText":"Why","text":"Why","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/699109573","repostId":"1113440959","repostType":4,"repost":{"id":"1113440959","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":1639752802,"share":"https://www.laohu8.com/m/news/1113440959?lang=zh_CN&edition=full","pubTime":"2021-12-17 22:53","market":"us","language":"en","title":"EV stocks fell sharply in morning trading ,with Rivian sliding 12%,Lucid Group sliding 7% and General Motors sliding 5%<blockquote>电动汽车股早盘大幅下跌，Rivian跌12%，Lucid Group跌7%，通用跌5%</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1113440959","media":"Tiger Newspress","summary":"EV stocks fell sharply in morning trading ,with Rivian sliding 12%,Lucid Group sliding 7%, Lordstown","content":"<p>EV stocks fell sharply in morning trading ,with Rivian sliding 12%,Lucid Group sliding 7%, Lordstown&nbsp;Motors&nbsp;sliding&nbsp;6%&nbsp;and General Motors sliding 5%.<img src=\"https://static.tigerbbs.com/cd629a366b9a963976bc2a56e7c34763\" tg-width=\"282\" tg-height=\"468\" width=\"100%\" height=\"auto\"></p><p><blockquote>电动汽车股早盘大幅下跌，Rivian下跌12%，Lucid Group下跌7%，Lordstown Motors下跌6%，通用汽车下跌5%。</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>EV stocks fell sharply in morning trading ,with Rivian sliding 12%,Lucid Group sliding 7% and General Motors sliding 5%<blockquote>电动汽车股早盘大幅下跌，Rivian跌12%，Lucid Group跌7%，通用跌5%</blockquote></title>\n<style 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}\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\">\nEV stocks fell sharply in morning trading ,with Rivian sliding 12%,Lucid Group sliding 7% and General Motors sliding 5%<blockquote>电动汽车股早盘大幅下跌，Rivian跌12%，Lucid Group跌7%，通用跌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\">2021-12-17 22:53</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>EV stocks fell sharply in morning trading ,with Rivian sliding 12%,Lucid Group sliding 7%, Lordstown&nbsp;Motors&nbsp;sliding&nbsp;6%&nbsp;and General Motors sliding 5%.<img src=\"https://static.tigerbbs.com/cd629a366b9a963976bc2a56e7c34763\" tg-width=\"282\" tg-height=\"468\" width=\"100%\" height=\"auto\"></p><p><blockquote>电动汽车股早盘大幅下跌，Rivian下跌12%，Lucid Group下跌7%，Lordstown Motors下跌6%，通用汽车下跌5%。</blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"LCID":"Lucid Group Inc","GM":"通用汽车","RIVN":"Rivian Automotive, Inc."},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1113440959","content_text":"EV stocks fell sharply in morning trading ,with Rivian sliding 12%,Lucid Group sliding 7%, Lordstown Motors sliding 6% and General Motors sliding 5%.","news_type":1,"symbols_score_info":{"LCID":0.9,"RIVN":0.9,"GM":0.9,"RIDE":0.9}},"isVote":1,"tweetType":1,"viewCount":3098,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":699355262,"gmtCreate":1639752104330,"gmtModify":1639752293296,"author":{"id":"3572498650193459","authorId":"3572498650193459","name":"ProLim","avatar":"https://static.tigerbbs.com/6eca4831f468b79e30513dff47109ae3","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3572498650193459","idStr":"3572498650193459"},"themes":[],"htmlText":"#PLTR GREEN!","listText":"#PLTR GREEN!","text":"#PLTR GREEN!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/699355262","isVote":1,"tweetType":1,"viewCount":1874,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":690296989,"gmtCreate":1639667739083,"gmtModify":1639667739190,"author":{"id":"3572498650193459","authorId":"3572498650193459","name":"ProLim","avatar":"https://static.tigerbbs.com/6eca4831f468b79e30513dff47109ae3","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3572498650193459","idStr":"3572498650193459"},"themes":[],"htmlText":"$PLTR green day!","listText":"$PLTR green day!","text":"$PLTR green day!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/690296989","isVote":1,"tweetType":1,"viewCount":2550,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":690298960,"gmtCreate":1639667673748,"gmtModify":1639667673845,"author":{"id":"3572498650193459","authorId":"3572498650193459","name":"ProLim","avatar":"https://static.tigerbbs.com/6eca4831f468b79e30513dff47109ae3","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3572498650193459","idStr":"3572498650193459"},"themes":[],"htmlText":"Like!","listText":"Like!","text":"Like!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/690298960","repostId":"2191945281","repostType":4,"isVote":1,"tweetType":1,"viewCount":1729,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":176183146,"gmtCreate":1626871559785,"gmtModify":1631888304313,"author":{"id":"3572498650193459","authorId":"3572498650193459","name":"ProLim","avatar":"https://static.tigerbbs.com/6eca4831f468b79e30513dff47109ae3","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3572498650193459","idStr":"3572498650193459"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/TELL\">$Tellurian Inc.(TELL)$</a>Nice","listText":"<a href=\"https://laohu8.com/S/TELL\">$Tellurian Inc.(TELL)$</a>Nice","text":"$Tellurian Inc.(TELL)$Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/176183146","isVote":1,"tweetType":1,"viewCount":2903,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":142649494,"gmtCreate":1626148545118,"gmtModify":1631888958096,"author":{"id":"3572498650193459","authorId":"3572498650193459","name":"ProLim","avatar":"https://static.tigerbbs.com/6eca4831f468b79e30513dff47109ae3","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3572498650193459","idStr":"3572498650193459"},"themes":[],"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/142649494","repostId":"1161408787","repostType":4,"repost":{"id":"1161408787","kind":"news","pubTimestamp":1626147401,"share":"https://www.laohu8.com/m/news/1161408787?lang=zh_CN&edition=full","pubTime":"2021-07-13 11:36","market":"us","language":"en","title":"Just 5% Of All Bitcoins In Circulation Have Traded In The Past Year<blockquote>去年，流通中的比特币中只有5%进行了交易</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1161408787","media":"zerohedge","summary":"In JPMorgan's latest weekly bitcoin hit piece (because for some \"inexplicable\" reason, JPMorgan exec","content":"<p>In JPMorgan's latest weekly bitcoin hit piece (because for some \"inexplicable\" reason, JPMorgan executive have instructed most of the bank's strategists, including those covering equity and rates, to slam the cryptocurrency on a weekly if not daily basis while the bank quietlybuilds out its own proprietary crypto fund, almost as if it is desperate to scare its clients into selling), the bank makes an interesting argument: bitcoin is not liquid enough to be successfully implemented as a legal tender in El Salvador.</p><p><blockquote>在摩根大通最新的每周比特币热门文章中（因为出于某种“莫名其妙”的原因，摩根大通高管指示该银行的大多数策略师，包括那些负责股票和利率的策略师，每周（如果不是每天）猛烈抨击加密货币，而该银行则悄悄地建立自己的专有加密货币基金，几乎就好像它不顾一切地吓唬客户抛售一样），该银行提出了一个有趣的论点：比特币的流动性不足以在萨尔瓦多成功实施为法定货币。</blockquote></p><p> We won't speak to the validity of JPM's argument - we will soon find out first hand whether or not El Salvador made a mistake in adopting bitcoin as legal tender - although it certainly is simple enough: “daily payment activity in El Salvador would represent ~4% of recent on-chain transaction volume and more than 1% of the total value of tokens which have been transferred between wallets in the past year,” the report said, with the illiquidity and nature of the volume “potentially a significant limitation on its potential as a medium of exchange.”</p><p><blockquote>我们不会谈论摩根大通论点的有效性——我们很快就会直接了解萨尔瓦多在采用比特币作为法定货币时是否犯了错误——尽管这肯定很简单：“萨尔瓦多的日常支付活动将占近期链上交易量的约4%，占过去一年钱包之间转移的代币总价值的1%以上，”该交易量的非流动性和性质“可能会严重限制其作为交换媒介的潜力。”</blockquote></p><p> Perhaps, then again in its brief history bitcoin has certainly demonstrated that it is remarkably scalable and viable even without a central bank propping it up every time there is even a modest risk-flaring hiccup, which is much more than we could ever say about the global stock market or currencies such as Europe's \"whatever it takes\" euro.</p><p><blockquote>或许，在其短暂的历史中，比特币无疑已经证明，即使每次出现轻微的风险爆发问题时，即使没有央行支持，它也具有非凡的可扩展性和可行性，这比我们对全球股市或欧洲“不惜一切代价”欧元等货币所能说的要多得多。</blockquote></p><p> Of course, JPMorgan - a bank that directly benefited form more than one multibilion bailout - will be the last to admit just how much sustainable the cryptocurrency has become, which is why we will ignore the bank's latest round of propaganda, but will point out an interesting fact unearthed by JPMorgan: it goes straight to the heart of the recurring argument why bitcoin is so volatile.</p><p><blockquote>当然，摩根大通——一家直接受益于超过10亿美元救助的银行——将是最后一家承认加密货币已经变得多么可持续的银行，这就是为什么我们将忽略该银行最新一轮的宣传，但将指出摩根大通发现的一个有趣事实：它直接触及了比特币为何如此不稳定的反复出现的论点的核心。</blockquote></p><p> The reason, as JPM has discovered, is that bitcoin's float may be as little as 5%, if not less. Discussing the daily trading volumes of bitcoin, JPM notes that a large fraction of Bitcoin are locked up in illiquid entities (liquidity sinks),<b>\"with more than 90% not changing hands in more than a year\" while roughly 80% - and rising - are held by wallets with light turnover.&nbsp; This means that a paltry 5-10% of all bitcoin in circulation has traded in the past year.</b></p><p><blockquote>摩根大通发现，原因是比特币的持股量可能只有5%，甚至更少。在讨论比特币的每日交易量时，摩根大通指出，很大一部分比特币被锁定在非流动性实体（流动性下沉）中，<b>“超过90%的股票在一年多的时间里没有易手”，而大约80%——而且还在上升——由成交量较少的钱包持有。这意味着，在过去一年中，流通中的比特币中只有微不足道的5-10%进行了交易。</b></blockquote></p><p> <img src=\"https://static.tigerbbs.com/ce30e31759284bfbf1d8923cb4149bfc\" tg-width=\"725\" tg-height=\"534\"></p><p><blockquote></blockquote></p><p> Another way of putting it:<b>an asset with a $600 billion market cap has a float of just $30 billion.</b>Which is remarkable as it means that<b>no whales</b>sold bitcoin when it hit its all time high of $65,000.<b>And if they didn't sell then, they certainly won't sell now when it's half that price.</b></p><p><blockquote>换一种说法：<b>一项市值6000亿美元的资产的流通量仅为300亿美元。</b>这很了不起，因为这意味着<b>没有鲸鱼</b>当比特币触及65,000美元的历史高点时出售。<b>如果他们当时不卖，现在价格是那个价格的一半，他们肯定不会卖。</b></blockquote></p><p> This, more than anything else, explains why bitcoin - an asset whose market cap was more than a $1 trillion as recently as April - is so extremely volatile: with the vast majority of bitcoin locked up or held by whale accounts who rarely if ever trade, the marginal price setter of bitcoin are odd lots - a burst of trading in fractions of a bitcoin, where the momentum in many cases is ignited and magnified by HFTs who then shape the movement of the crypto in hopes of hitting the max pain stop loss positions for other cryptos, and where as a result of such a unique trading environment, the price of bitcoin can swing 10%, 15% , or even 20% or more every day.</p><p><blockquote>这比其他任何事情都更能解释为什么比特币——一种截至4月份市值还超过1万亿澳元的资产——如此不稳定：绝大多数比特币被很少交易的鲸鱼账户锁定或持有，比特币的边际价格制定者是零星地段——比特币的一部分交易爆发，在许多情况下，这种势头被高频交易点燃和放大，然后他们塑造加密货币的走势，希望达到其他加密货币的最大痛苦止损头寸，由于这种独特的交易环境，比特币的价格每天可以波动10%、15%，甚至20%或更多。</blockquote></p><p> The question we have is during liquidation pukes like the one observed recently, how much of the newly released bitcoin are gobbled up by existing or new whales. Judging by the gray line in the chart above, the answer is a record amount.</p><p><blockquote>我们面临的问题是，在像最近观察到的清算呕吐中，有多少新释放的比特币被现有的或新的鲸鱼吞噬了。从上图中的灰线来看，答案是创纪录的金额。</blockquote></p><p> Which means that we are now in the<i>\"weak hands\" shake out and whale accumulation</i>phase. And once the new generation of whales has bought enough, that's when the next squeeze higher will take place, sending the crypto currency and its peers to fresh all time highs. Because if there is one thing that is very easy to do with an asset whose float is as low as bitcoin's, it is to manipulate it as a handful of big players want.</p><p><blockquote>这意味着我们现在处于<i>“弱手”抖出鲸鱼积累</i>阶段。一旦新一代鲸鱼购买了足够多的东西，下一次挤压就会发生，将加密货币及其同行推至历史新高。因为如果有一件事对一个流通量像比特币一样低的资产来说是非常容易做的，那就是按照少数大玩家的意愿操纵它。</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>Just 5% Of All Bitcoins In Circulation Have Traded In The Past Year<blockquote>去年，流通中的比特币中只有5%进行了交易</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\">\nJust 5% Of All Bitcoins In Circulation Have Traded In The Past Year<blockquote>去年，流通中的比特币中只有5%进行了交易</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">zerohedge</strong><span class=\"h-time small\">2021-07-13 11:36</span>\n</p>\n</h4>\n</header>\n<article>\n<p>In JPMorgan's latest weekly bitcoin hit piece (because for some \"inexplicable\" reason, JPMorgan executive have instructed most of the bank's strategists, including those covering equity and rates, to slam the cryptocurrency on a weekly if not daily basis while the bank quietlybuilds out its own proprietary crypto fund, almost as if it is desperate to scare its clients into selling), the bank makes an interesting argument: bitcoin is not liquid enough to be successfully implemented as a legal tender in El Salvador.</p><p><blockquote>在摩根大通最新的每周比特币热门文章中（因为出于某种“莫名其妙”的原因，摩根大通高管指示该银行的大多数策略师，包括那些负责股票和利率的策略师，每周（如果不是每天）猛烈抨击加密货币，而该银行则悄悄地建立自己的专有加密货币基金，几乎就好像它不顾一切地吓唬客户抛售一样），该银行提出了一个有趣的论点：比特币的流动性不足以在萨尔瓦多成功实施为法定货币。</blockquote></p><p> We won't speak to the validity of JPM's argument - we will soon find out first hand whether or not El Salvador made a mistake in adopting bitcoin as legal tender - although it certainly is simple enough: “daily payment activity in El Salvador would represent ~4% of recent on-chain transaction volume and more than 1% of the total value of tokens which have been transferred between wallets in the past year,” the report said, with the illiquidity and nature of the volume “potentially a significant limitation on its potential as a medium of exchange.”</p><p><blockquote>我们不会谈论摩根大通论点的有效性——我们很快就会直接了解萨尔瓦多在采用比特币作为法定货币时是否犯了错误——尽管这肯定很简单：“萨尔瓦多的日常支付活动将占近期链上交易量的约4%，占过去一年钱包之间转移的代币总价值的1%以上，”该交易量的非流动性和性质“可能会严重限制其作为交换媒介的潜力。”</blockquote></p><p> Perhaps, then again in its brief history bitcoin has certainly demonstrated that it is remarkably scalable and viable even without a central bank propping it up every time there is even a modest risk-flaring hiccup, which is much more than we could ever say about the global stock market or currencies such as Europe's \"whatever it takes\" euro.</p><p><blockquote>或许，在其短暂的历史中，比特币无疑已经证明，即使每次出现轻微的风险爆发问题时，即使没有央行支持，它也具有非凡的可扩展性和可行性，这比我们对全球股市或欧洲“不惜一切代价”欧元等货币所能说的要多得多。</blockquote></p><p> Of course, JPMorgan - a bank that directly benefited form more than one multibilion bailout - will be the last to admit just how much sustainable the cryptocurrency has become, which is why we will ignore the bank's latest round of propaganda, but will point out an interesting fact unearthed by JPMorgan: it goes straight to the heart of the recurring argument why bitcoin is so volatile.</p><p><blockquote>当然，摩根大通——一家直接受益于超过10亿美元救助的银行——将是最后一家承认加密货币已经变得多么可持续的银行，这就是为什么我们将忽略该银行最新一轮的宣传，但将指出摩根大通发现的一个有趣事实：它直接触及了比特币为何如此不稳定的反复出现的论点的核心。</blockquote></p><p> The reason, as JPM has discovered, is that bitcoin's float may be as little as 5%, if not less. Discussing the daily trading volumes of bitcoin, JPM notes that a large fraction of Bitcoin are locked up in illiquid entities (liquidity sinks),<b>\"with more than 90% not changing hands in more than a year\" while roughly 80% - and rising - are held by wallets with light turnover.&nbsp; This means that a paltry 5-10% of all bitcoin in circulation has traded in the past year.</b></p><p><blockquote>摩根大通发现，原因是比特币的持股量可能只有5%，甚至更少。在讨论比特币的每日交易量时，摩根大通指出，很大一部分比特币被锁定在非流动性实体（流动性下沉）中，<b>“超过90%的股票在一年多的时间里没有易手”，而大约80%——而且还在上升——由成交量较少的钱包持有。这意味着，在过去一年中，流通中的比特币中只有微不足道的5-10%进行了交易。</b></blockquote></p><p> <img src=\"https://static.tigerbbs.com/ce30e31759284bfbf1d8923cb4149bfc\" tg-width=\"725\" tg-height=\"534\"></p><p><blockquote></blockquote></p><p> Another way of putting it:<b>an asset with a $600 billion market cap has a float of just $30 billion.</b>Which is remarkable as it means that<b>no whales</b>sold bitcoin when it hit its all time high of $65,000.<b>And if they didn't sell then, they certainly won't sell now when it's half that price.</b></p><p><blockquote>换一种说法：<b>一项市值6000亿美元的资产的流通量仅为300亿美元。</b>这很了不起，因为这意味着<b>没有鲸鱼</b>当比特币触及65,000美元的历史高点时出售。<b>如果他们当时不卖，现在价格是那个价格的一半，他们肯定不会卖。</b></blockquote></p><p> This, more than anything else, explains why bitcoin - an asset whose market cap was more than a $1 trillion as recently as April - is so extremely volatile: with the vast majority of bitcoin locked up or held by whale accounts who rarely if ever trade, the marginal price setter of bitcoin are odd lots - a burst of trading in fractions of a bitcoin, where the momentum in many cases is ignited and magnified by HFTs who then shape the movement of the crypto in hopes of hitting the max pain stop loss positions for other cryptos, and where as a result of such a unique trading environment, the price of bitcoin can swing 10%, 15% , or even 20% or more every day.</p><p><blockquote>这比其他任何事情都更能解释为什么比特币——一种截至4月份市值还超过1万亿澳元的资产——如此不稳定：绝大多数比特币被很少交易的鲸鱼账户锁定或持有，比特币的边际价格制定者是零星地段——比特币的一部分交易爆发，在许多情况下，这种势头被高频交易点燃和放大，然后他们塑造加密货币的走势，希望达到其他加密货币的最大痛苦止损头寸，由于这种独特的交易环境，比特币的价格每天可以波动10%、15%，甚至20%或更多。</blockquote></p><p> The question we have is during liquidation pukes like the one observed recently, how much of the newly released bitcoin are gobbled up by existing or new whales. Judging by the gray line in the chart above, the answer is a record amount.</p><p><blockquote>我们面临的问题是，在像最近观察到的清算呕吐中，有多少新释放的比特币被现有的或新的鲸鱼吞噬了。从上图中的灰线来看，答案是创纪录的金额。</blockquote></p><p> Which means that we are now in the<i>\"weak hands\" shake out and whale accumulation</i>phase. And once the new generation of whales has bought enough, that's when the next squeeze higher will take place, sending the crypto currency and its peers to fresh all time highs. Because if there is one thing that is very easy to do with an asset whose float is as low as bitcoin's, it is to manipulate it as a handful of big players want.</p><p><blockquote>这意味着我们现在处于<i>“弱手”抖出鲸鱼积累</i>阶段。一旦新一代鲸鱼购买了足够多的东西，下一次挤压就会发生，将加密货币及其同行推至历史新高。因为如果有一件事对一个流通量像比特币一样低的资产来说是非常容易做的，那就是按照少数大玩家的意愿操纵它。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.zerohedge.com/markets/just-5-all-bitcoins-circulation-have-traded-past-year\">zerohedge</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":{"COIN":"Coinbase Global, Inc."},"source_url":"https://www.zerohedge.com/markets/just-5-all-bitcoins-circulation-have-traded-past-year","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1161408787","content_text":"In JPMorgan's latest weekly bitcoin hit piece (because for some \"inexplicable\" reason, JPMorgan executive have instructed most of the bank's strategists, including those covering equity and rates, to slam the cryptocurrency on a weekly if not daily basis while the bank quietlybuilds out its own proprietary crypto fund, almost as if it is desperate to scare its clients into selling), the bank makes an interesting argument: bitcoin is not liquid enough to be successfully implemented as a legal tender in El Salvador.\nWe won't speak to the validity of JPM's argument - we will soon find out first hand whether or not El Salvador made a mistake in adopting bitcoin as legal tender - although it certainly is simple enough: “daily payment activity in El Salvador would represent ~4% of recent on-chain transaction volume and more than 1% of the total value of tokens which have been transferred between wallets in the past year,” the report said, with the illiquidity and nature of the volume “potentially a significant limitation on its potential as a medium of exchange.”\nPerhaps, then again in its brief history bitcoin has certainly demonstrated that it is remarkably scalable and viable even without a central bank propping it up every time there is even a modest risk-flaring hiccup, which is much more than we could ever say about the global stock market or currencies such as Europe's \"whatever it takes\" euro.\nOf course, JPMorgan - a bank that directly benefited form more than one multibilion bailout - will be the last to admit just how much sustainable the cryptocurrency has become, which is why we will ignore the bank's latest round of propaganda, but will point out an interesting fact unearthed by JPMorgan: it goes straight to the heart of the recurring argument why bitcoin is so volatile.\nThe reason, as JPM has discovered, is that bitcoin's float may be as little as 5%, if not less. Discussing the daily trading volumes of bitcoin, JPM notes that a large fraction of Bitcoin are locked up in illiquid entities (liquidity sinks),\"with more than 90% not changing hands in more than a year\" while roughly 80% - and rising - are held by wallets with light turnover.  This means that a paltry 5-10% of all bitcoin in circulation has traded in the past year.\n\nAnother way of putting it:an asset with a $600 billion market cap has a float of just $30 billion.Which is remarkable as it means thatno whalessold bitcoin when it hit its all time high of $65,000.And if they didn't sell then, they certainly won't sell now when it's half that price.\nThis, more than anything else, explains why bitcoin - an asset whose market cap was more than a $1 trillion as recently as April - is so extremely volatile: with the vast majority of bitcoin locked up or held by whale accounts who rarely if ever trade, the marginal price setter of bitcoin are odd lots - a burst of trading in fractions of a bitcoin, where the momentum in many cases is ignited and magnified by HFTs who then shape the movement of the crypto in hopes of hitting the max pain stop loss positions for other cryptos, and where as a result of such a unique trading environment, the price of bitcoin can swing 10%, 15% , or even 20% or more every day.\nThe question we have is during liquidation pukes like the one observed recently, how much of the newly released bitcoin are gobbled up by existing or new whales. Judging by the gray line in the chart above, the answer is a record amount.\nWhich means that we are now in the\"weak hands\" shake out and whale accumulationphase. And once the new generation of whales has bought enough, that's when the next squeeze higher will take place, sending the crypto currency and its peers to fresh all time highs. Because if there is one thing that is very easy to do with an asset whose float is as low as bitcoin's, it is to manipulate it as a handful of big players want.","news_type":1,"symbols_score_info":{"COIN":0.9}},"isVote":1,"tweetType":1,"viewCount":998,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":148062243,"gmtCreate":1625902345482,"gmtModify":1631888958098,"author":{"id":"3572498650193459","authorId":"3572498650193459","name":"ProLim","avatar":"https://static.tigerbbs.com/6eca4831f468b79e30513dff47109ae3","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3572498650193459","idStr":"3572498650193459"},"themes":[],"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/148062243","repostId":"2150306047","repostType":4,"isVote":1,"tweetType":1,"viewCount":1569,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":187382995,"gmtCreate":1623741389317,"gmtModify":1631888958107,"author":{"id":"3572498650193459","authorId":"3572498650193459","name":"ProLim","avatar":"https://static.tigerbbs.com/6eca4831f468b79e30513dff47109ae3","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3572498650193459","idStr":"3572498650193459"},"themes":[],"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/187382995","repostId":"2143973689","repostType":4,"isVote":1,"tweetType":1,"viewCount":1222,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":187386541,"gmtCreate":1623741375783,"gmtModify":1631888958107,"author":{"id":"3572498650193459","authorId":"3572498650193459","name":"ProLim","avatar":"https://static.tigerbbs.com/6eca4831f468b79e30513dff47109ae3","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3572498650193459","idStr":"3572498650193459"},"themes":[],"htmlText":"Wow&nbsp;","listText":"Wow&nbsp;","text":"Wow","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/187386541","repostId":"1183190766","repostType":4,"repost":{"id":"1183190766","kind":"news","pubTimestamp":1623740790,"share":"https://www.laohu8.com/m/news/1183190766?lang=zh_CN&edition=full","pubTime":"2021-06-15 15:06","market":"us","language":"en","title":"Big-Tech & Bitcoin Pumped As Banks, Bonds, & Bullion Dumped<blockquote>随着银行、债券和金条的抛售，大型科技公司和比特币股价上涨</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1183190766","media":"zerohedge","summary":"Big-tech was bid as soon as the cash market opened and both Small Caps (Russell 2000) and Big-Caps (","content":"<p>Big-tech was bid as soon as the cash market opened and both Small Caps (Russell 2000) and Big-Caps (Dow Industrials) were dumped with the S&amp;P under water most of the day until the late day panic-bid hit as the<b>gamma-meltup struck</b>...</p><p><blockquote>现货市场一开盘，大型科技股就被竞标，小盘股（罗素2000指数）和大盘股（道指工业指数）都被抛售，标准普尔指数全天大部分时间都处于水下，直到尾盘恐慌性竞标袭来。<b>伽马熔化撞击</b>...</blockquote></p><p> <img src=\"https://static.tigerbbs.com/a7b2e9a8b272b493af999d0ceae800b8\" tg-width=\"500\" tg-height=\"293\">That's a record close for the S&amp;P and Nasdaq thanks to this utterly ridiculous meltup...</p><p><blockquote>由于这种完全荒谬的融合，这是标准普尔和纳斯达克创纪录的收盘价...</blockquote></p><p> <img src=\"https://static.tigerbbs.com/8111401f1c57064e42f7db7836fc08f4\" tg-width=\"500\" tg-height=\"283\">The Nasdaq's outperformance pushed it to its highest relative to The Dow since April...</p><p><blockquote>纳斯达克的优异表现使其相对于道琼斯指数升至4月份以来的最高水平...</blockquote></p><p> <img src=\"https://static.tigerbbs.com/58a5974b095ffdd321cc0542d8e79f9c\" tg-width=\"500\" tg-height=\"270\"><i>Source: Bloomberg</i></p><p><blockquote><i>资料来源：彭博社</i></blockquote></p><p> Lordstown Motors was clubbed like a baby seal today as its CEO/CFO abandoned ship...</p><p><blockquote>洛兹敦汽车公司今天像小海豹一样被打了一顿，因为它的首席执行官/首席财务官弃船了...</blockquote></p><p> <img src=\"https://static.tigerbbs.com/25e0168b578ceffd190a198be1dc12fc\" tg-width=\"500\" tg-height=\"305\">Retail traders were back buying today...</p><p><blockquote>散户交易者今天又开始买入...</blockquote></p><p> <img src=\"https://static.tigerbbs.com/23530164a0be04b223851688d160207d\" tg-width=\"500\" tg-height=\"270\"><i>Source: Bloomberg</i></p><p><blockquote><i>资料来源：彭博社</i></blockquote></p><p> Elon Musk's ability to influence crypto is as evident as ever as he tweeted that he is not full of FUD and bitcoin ripped over 10% higher (helped by PTJ's positive perspective on crypto in an inflationary environment)...</p><p><blockquote>Elon Musk影响加密货币的能力一如既往地明显，他在推特上表示，他并不充满FUD，比特币股价上涨了10%以上（得益于PTJ在通胀环境下对加密货币的积极看法）...</blockquote></p><p> <img src=\"https://static.tigerbbs.com/e08afe4b38b0f2ae3f7156be3ebfd3b2\" tg-width=\"500\" tg-height=\"273\"><i>Source: Bloomberg</i></p><p><blockquote><i>资料来源：彭博社</i></blockquote></p><p> JPM's Dimon spooked bank stocks even further - despite rising yields today...</p><p><blockquote>摩根大通的戴蒙进一步吓坏了银行股——尽管今天收益率上升……</blockquote></p><p> <img src=\"https://static.tigerbbs.com/18e0c996017633d636ae90deef9014c1\" tg-width=\"500\" tg-height=\"271\"><i>Source: Bloomberg</i></p><p><blockquote><i>资料来源：彭博社</i></blockquote></p><p> Uranium/Nuclear-related stocks tumbled on the China Nuke emissions headlines...</p><p><blockquote>铀/核相关股票因中国核排放头条而暴跌...</blockquote></p><p> <img src=\"https://static.tigerbbs.com/1a356aabbf1d4f837b7ba2bce85cc222\" tg-width=\"500\" tg-height=\"272\"><i>Source: Bloomberg</i></p><p><blockquote><i>资料来源：彭博社</i></blockquote></p><p> VIX jumped back above 17 intraday...</p><p><blockquote>VIX盘中跳回17上方...</blockquote></p><p> <img src=\"https://static.tigerbbs.com/6e43410dc971e3e8776003333e0e28f3\" tg-width=\"500\" tg-height=\"283\"><b>S&amp;P 500 Realized vol has tumbled to its lowest since Nov 2019...</b></p><p><blockquote><b>标普500意识到vol已跌至2019年11月以来的最低水平...</b></blockquote></p><p> <img src=\"https://static.tigerbbs.com/01d778bf240b8823a5bb1e6c028dd3ef\" tg-width=\"500\" tg-height=\"292\"><i>Source: Bloomberg</i></p><p><blockquote><i>资料来源：彭博社</i></blockquote></p><p> Will The Fed's \"most important meeting in years\" this week get it moving?</p><p><blockquote>美联储本周“多年来最重要的会议”会推动这一进程吗？</blockquote></p><p> Treasuries were sold today, erasing more of the gains from Thursday's CPI malarkey. The short-end yield rose 1-2bps, the long-end yields rose 4-5bps...</p><p><blockquote>今天美国国债遭到抛售，抹去了周四CPI说大话带来的更多涨幅。短端收益率上升1-2bps，长端收益率上升4-5bps...</blockquote></p><p> <img src=\"https://static.tigerbbs.com/1ef5c4ac58ce44530cd76f5bcee30b4c\" tg-width=\"500\" tg-height=\"272\"><i>Source: Bloomberg</i></p><p><blockquote><i>资料来源：彭博社</i></blockquote></p><p> We note that 10Y yields hit 1.50% and the selloff stalled...</p><p><blockquote>我们注意到10年期国债收益率触及1.50%，抛售陷入停滞……</blockquote></p><p> <img src=\"https://static.tigerbbs.com/b4b856ca9fe863397f4654ab0fe9c498\" tg-width=\"500\" tg-height=\"274\"><i>Source: Bloomberg</i></p><p><blockquote><i>资料来源：彭博社</i></blockquote></p><p> Amid all the chatter on inflation, breakevens went nowhere at all...</p><p><blockquote>在所有关于通货膨胀的讨论中，盈亏平衡根本没有任何进展……</blockquote></p><p> <img src=\"https://static.tigerbbs.com/e0c3a45693e92514889b7f5996325660\" tg-width=\"500\" tg-height=\"271\"><i>Source: Bloomberg</i></p><p><blockquote><i>资料来源：彭博社</i></blockquote></p><p> The Dollar trod water after spiking Friday up to fill the payrolls gap down...</p><p><blockquote>美元在周五飙升以填补就业缺口后下跌...</blockquote></p><p> <img src=\"https://static.tigerbbs.com/5878dae244b0a9c90c95c121c6e18ec1\" tg-width=\"500\" tg-height=\"273\"><i>Source: Bloomberg</i></p><p><blockquote><i>资料来源：彭博社</i></blockquote></p><p> Gold ended the day lower despite the dollar going nowhere...</p><p><blockquote>尽管美元毫无进展，但黄金收盘走低...</blockquote></p><p> <img src=\"https://static.tigerbbs.com/f17e358c769f54cac481cec61ed19b7f\" tg-width=\"500\" tg-height=\"283\">Oil prices rollercoasted on the day but ended unchanged with WTI pushing up near $71.80 at its highs...</p><p><blockquote>油价当天大幅上涨，但收盘持平，WTI升至71.80美元附近的高点...</blockquote></p><p> <img src=\"https://static.tigerbbs.com/46c8f08f012d23ff95f167708c2598f7\" tg-width=\"500\" tg-height=\"282\">Finally, if you're wondering why people are buying USTs again... here's one reason...<b>5Y greek debt is now trading at a negative yield (yes, really)</b>... so which would you rather own 5Y UST at 75bps or 5Y GGB at -0.4bps!?</p><p><blockquote>最后，如果你想知道为什么人们再次购买UST...这里有一个原因...<b>5年期希腊债务目前收益率为负（是的，确实如此）</b>...那么，您更愿意以75个基点持有5年期UST还是以-0.4个基点持有5年期GGB！？</blockquote></p><p> <img src=\"https://static.tigerbbs.com/89cc32e484870131a463b81b2307f870\" tg-width=\"500\" tg-height=\"270\"><i>Source: Bloomberg</i></p><p><blockquote><i>资料来源：彭博社</i></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>Big-Tech & Bitcoin Pumped As Banks, Bonds, & Bullion Dumped<blockquote>随着银行、债券和金条的抛售，大型科技公司和比特币股价上涨</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBig-Tech & Bitcoin Pumped As Banks, Bonds, & Bullion Dumped<blockquote>随着银行、债券和金条的抛售，大型科技公司和比特币股价上涨</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">zerohedge</strong><span class=\"h-time small\">2021-06-15 15:06</span>\n</p>\n</h4>\n</header>\n<article>\n<p>Big-tech was bid as soon as the cash market opened and both Small Caps (Russell 2000) and Big-Caps (Dow Industrials) were dumped with the S&amp;P under water most of the day until the late day panic-bid hit as the<b>gamma-meltup struck</b>...</p><p><blockquote>现货市场一开盘，大型科技股就被竞标，小盘股（罗素2000指数）和大盘股（道指工业指数）都被抛售，标准普尔指数全天大部分时间都处于水下，直到尾盘恐慌性竞标袭来。<b>伽马熔化撞击</b>...</blockquote></p><p> <img src=\"https://static.tigerbbs.com/a7b2e9a8b272b493af999d0ceae800b8\" tg-width=\"500\" tg-height=\"293\">That's a record close for the S&amp;P and Nasdaq thanks to this utterly ridiculous meltup...</p><p><blockquote>由于这种完全荒谬的融合，这是标准普尔和纳斯达克创纪录的收盘价...</blockquote></p><p> <img src=\"https://static.tigerbbs.com/8111401f1c57064e42f7db7836fc08f4\" tg-width=\"500\" tg-height=\"283\">The Nasdaq's outperformance pushed it to its highest relative to The Dow since April...</p><p><blockquote>纳斯达克的优异表现使其相对于道琼斯指数升至4月份以来的最高水平...</blockquote></p><p> <img src=\"https://static.tigerbbs.com/58a5974b095ffdd321cc0542d8e79f9c\" tg-width=\"500\" tg-height=\"270\"><i>Source: Bloomberg</i></p><p><blockquote><i>资料来源：彭博社</i></blockquote></p><p> Lordstown Motors was clubbed like a baby seal today as its CEO/CFO abandoned ship...</p><p><blockquote>洛兹敦汽车公司今天像小海豹一样被打了一顿，因为它的首席执行官/首席财务官弃船了...</blockquote></p><p> <img src=\"https://static.tigerbbs.com/25e0168b578ceffd190a198be1dc12fc\" tg-width=\"500\" tg-height=\"305\">Retail traders were back buying today...</p><p><blockquote>散户交易者今天又开始买入...</blockquote></p><p> <img src=\"https://static.tigerbbs.com/23530164a0be04b223851688d160207d\" tg-width=\"500\" tg-height=\"270\"><i>Source: Bloomberg</i></p><p><blockquote><i>资料来源：彭博社</i></blockquote></p><p> Elon Musk's ability to influence crypto is as evident as ever as he tweeted that he is not full of FUD and bitcoin ripped over 10% higher (helped by PTJ's positive perspective on crypto in an inflationary environment)...</p><p><blockquote>Elon Musk影响加密货币的能力一如既往地明显，他在推特上表示，他并不充满FUD，比特币股价上涨了10%以上（得益于PTJ在通胀环境下对加密货币的积极看法）...</blockquote></p><p> <img src=\"https://static.tigerbbs.com/e08afe4b38b0f2ae3f7156be3ebfd3b2\" tg-width=\"500\" tg-height=\"273\"><i>Source: Bloomberg</i></p><p><blockquote><i>资料来源：彭博社</i></blockquote></p><p> JPM's Dimon spooked bank stocks even further - despite rising yields today...</p><p><blockquote>摩根大通的戴蒙进一步吓坏了银行股——尽管今天收益率上升……</blockquote></p><p> <img src=\"https://static.tigerbbs.com/18e0c996017633d636ae90deef9014c1\" tg-width=\"500\" tg-height=\"271\"><i>Source: Bloomberg</i></p><p><blockquote><i>资料来源：彭博社</i></blockquote></p><p> Uranium/Nuclear-related stocks tumbled on the China Nuke emissions headlines...</p><p><blockquote>铀/核相关股票因中国核排放头条而暴跌...</blockquote></p><p> <img src=\"https://static.tigerbbs.com/1a356aabbf1d4f837b7ba2bce85cc222\" tg-width=\"500\" tg-height=\"272\"><i>Source: Bloomberg</i></p><p><blockquote><i>资料来源：彭博社</i></blockquote></p><p> VIX jumped back above 17 intraday...</p><p><blockquote>VIX盘中跳回17上方...</blockquote></p><p> <img src=\"https://static.tigerbbs.com/6e43410dc971e3e8776003333e0e28f3\" tg-width=\"500\" tg-height=\"283\"><b>S&amp;P 500 Realized vol has tumbled to its lowest since Nov 2019...</b></p><p><blockquote><b>标普500意识到vol已跌至2019年11月以来的最低水平...</b></blockquote></p><p> <img src=\"https://static.tigerbbs.com/01d778bf240b8823a5bb1e6c028dd3ef\" tg-width=\"500\" tg-height=\"292\"><i>Source: Bloomberg</i></p><p><blockquote><i>资料来源：彭博社</i></blockquote></p><p> Will The Fed's \"most important meeting in years\" this week get it moving?</p><p><blockquote>美联储本周“多年来最重要的会议”会推动这一进程吗？</blockquote></p><p> Treasuries were sold today, erasing more of the gains from Thursday's CPI malarkey. The short-end yield rose 1-2bps, the long-end yields rose 4-5bps...</p><p><blockquote>今天美国国债遭到抛售，抹去了周四CPI说大话带来的更多涨幅。短端收益率上升1-2bps，长端收益率上升4-5bps...</blockquote></p><p> <img src=\"https://static.tigerbbs.com/1ef5c4ac58ce44530cd76f5bcee30b4c\" tg-width=\"500\" tg-height=\"272\"><i>Source: Bloomberg</i></p><p><blockquote><i>资料来源：彭博社</i></blockquote></p><p> We note that 10Y yields hit 1.50% and the selloff stalled...</p><p><blockquote>我们注意到10年期国债收益率触及1.50%，抛售陷入停滞……</blockquote></p><p> <img src=\"https://static.tigerbbs.com/b4b856ca9fe863397f4654ab0fe9c498\" tg-width=\"500\" tg-height=\"274\"><i>Source: Bloomberg</i></p><p><blockquote><i>资料来源：彭博社</i></blockquote></p><p> Amid all the chatter on inflation, breakevens went nowhere at all...</p><p><blockquote>在所有关于通货膨胀的讨论中，盈亏平衡根本没有任何进展……</blockquote></p><p> <img src=\"https://static.tigerbbs.com/e0c3a45693e92514889b7f5996325660\" tg-width=\"500\" tg-height=\"271\"><i>Source: Bloomberg</i></p><p><blockquote><i>资料来源：彭博社</i></blockquote></p><p> The Dollar trod water after spiking Friday up to fill the payrolls gap down...</p><p><blockquote>美元在周五飙升以填补就业缺口后下跌...</blockquote></p><p> <img src=\"https://static.tigerbbs.com/5878dae244b0a9c90c95c121c6e18ec1\" tg-width=\"500\" tg-height=\"273\"><i>Source: Bloomberg</i></p><p><blockquote><i>资料来源：彭博社</i></blockquote></p><p> Gold ended the day lower despite the dollar going nowhere...</p><p><blockquote>尽管美元毫无进展，但黄金收盘走低...</blockquote></p><p> <img src=\"https://static.tigerbbs.com/f17e358c769f54cac481cec61ed19b7f\" tg-width=\"500\" tg-height=\"283\">Oil prices rollercoasted on the day but ended unchanged with WTI pushing up near $71.80 at its highs...</p><p><blockquote>油价当天大幅上涨，但收盘持平，WTI升至71.80美元附近的高点...</blockquote></p><p> <img src=\"https://static.tigerbbs.com/46c8f08f012d23ff95f167708c2598f7\" tg-width=\"500\" tg-height=\"282\">Finally, if you're wondering why people are buying USTs again... here's one reason...<b>5Y greek debt is now trading at a negative yield (yes, really)</b>... so which would you rather own 5Y UST at 75bps or 5Y GGB at -0.4bps!?</p><p><blockquote>最后，如果你想知道为什么人们再次购买UST...这里有一个原因...<b>5年期希腊债务目前收益率为负（是的，确实如此）</b>...那么，您更愿意以75个基点持有5年期UST还是以-0.4个基点持有5年期GGB！？</blockquote></p><p> <img src=\"https://static.tigerbbs.com/89cc32e484870131a463b81b2307f870\" tg-width=\"500\" tg-height=\"270\"><i>Source: Bloomberg</i></p><p><blockquote><i>资料来源：彭博社</i></blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.zerohedge.com/markets/big-tech-bitcoin-pumped-banks-bonds-bullion-dumped\">zerohedge</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":{".IXIC":"NASDAQ Composite"},"source_url":"https://www.zerohedge.com/markets/big-tech-bitcoin-pumped-banks-bonds-bullion-dumped","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1183190766","content_text":"Big-tech was bid as soon as the cash market opened and both Small Caps (Russell 2000) and Big-Caps (Dow Industrials) were dumped with the S&P under water most of the day until the late day panic-bid hit as thegamma-meltup struck...\nThat's a record close for the S&P and Nasdaq thanks to this utterly ridiculous meltup...\nThe Nasdaq's outperformance pushed it to its highest relative to The Dow since April...\nSource: Bloomberg\nLordstown Motors was clubbed like a baby seal today as its CEO/CFO abandoned ship...\nRetail traders were back buying today...\nSource: Bloomberg\nElon Musk's ability to influence crypto is as evident as ever as he tweeted that he is not full of FUD and bitcoin ripped over 10% higher (helped by PTJ's positive perspective on crypto in an inflationary environment)...\nSource: Bloomberg\nJPM's Dimon spooked bank stocks even further - despite rising yields today...\nSource: Bloomberg\nUranium/Nuclear-related stocks tumbled on the China Nuke emissions headlines...\nSource: Bloomberg\nVIX jumped back above 17 intraday...\nS&P 500 Realized vol has tumbled to its lowest since Nov 2019...\nSource: Bloomberg\nWill The Fed's \"most important meeting in years\" this week get it moving?\nTreasuries were sold today, erasing more of the gains from Thursday's CPI malarkey. The short-end yield rose 1-2bps, the long-end yields rose 4-5bps...\nSource: Bloomberg\nWe note that 10Y yields hit 1.50% and the selloff stalled...\nSource: Bloomberg\nAmid all the chatter on inflation, breakevens went nowhere at all...\nSource: Bloomberg\nThe Dollar trod water after spiking Friday up to fill the payrolls gap down...\nSource: Bloomberg\nGold ended the day lower despite the dollar going nowhere...\nOil prices rollercoasted on the day but ended unchanged with WTI pushing up near $71.80 at its highs...\nFinally, if you're wondering why people are buying USTs again... here's one reason...5Y greek debt is now trading at a negative yield (yes, really)... so which would you rather own 5Y UST at 75bps or 5Y GGB at -0.4bps!?\nSource: Bloomberg","news_type":1,"symbols_score_info":{".IXIC":0.9}},"isVote":1,"tweetType":1,"viewCount":1321,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":187386899,"gmtCreate":1623741354411,"gmtModify":1631888958109,"author":{"id":"3572498650193459","authorId":"3572498650193459","name":"ProLim","avatar":"https://static.tigerbbs.com/6eca4831f468b79e30513dff47109ae3","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3572498650193459","idStr":"3572498650193459"},"themes":[],"htmlText":"Expensive","listText":"Expensive","text":"Expensive","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/187386899","repostId":"1174890666","repostType":4,"isVote":1,"tweetType":1,"viewCount":551,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":187386162,"gmtCreate":1623741340456,"gmtModify":1631888958113,"author":{"id":"3572498650193459","authorId":"3572498650193459","name":"ProLim","avatar":"https://static.tigerbbs.com/6eca4831f468b79e30513dff47109ae3","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3572498650193459","idStr":"3572498650193459"},"themes":[],"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/187386162","repostId":"1138219989","repostType":4,"repost":{"id":"1138219989","kind":"news","pubTimestamp":1623650085,"share":"https://www.laohu8.com/m/news/1138219989?lang=zh_CN&edition=full","pubTime":"2021-06-14 13:54","market":"us","language":"en","title":"What to Expect in This Week’s Federal Reserve Meeting<blockquote>本周美联储会议有何期待</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1138219989","media":"Barrons","summary":"As the Federal Open Market Committee holds its regular policy meeting this coming week, once again a","content":"<p>As the Federal Open Market Committee holds its regular policy meeting this coming week, once again analysts and investors should flip the Nixon-era cliché and watch what they say, not what they do. What everybody wants to know is whether the panel finally has gotten around to talking about talking about moving away from its ubereasy monetary policy.</p><p><blockquote>随着联邦公开市场委员会下周举行例行政策会议，分析师和投资者应该再次打破尼克松时代的陈词滥调，关注他们的言论，而不是他们的行动。每个人都想知道的是，该小组是否最终开始讨论放弃其超级宽松的货币政策。</blockquote></p><p> We all know that the FOMC won’t take any substantive steps in terms of its massive securities purchases, which are still running at $120 billion a month. As for its key federal-funds rate target, that’s stuck at 0% to 0.25% (although there’s an outside chance of technical tweaking of some other Fed-administered rates to address the billions in excess cash sloshing around in the money markets).</p><p><blockquote>我们都知道，FOMC不会在其大规模证券购买方面采取任何实质性措施，目前仍以每月1200亿美元的速度运行。至于其关键的联邦基金利率目标，则停留在0%至0.25%（尽管美联储管理的其他一些利率有可能进行技术调整，以解决货币市场上流动的数十亿过剩现金）。</blockquote></p><p> We’ll be looking for what’s in the FOMC’s formal policy statement and the panel’s updated Summary of Economic Projections, which will include the amalgam of the committee members’ guesses on key economic gauges, such as gross domestic product, inflation, and unemployment. Most likely, when that is posted&nbsp;on the Fed’s website&nbsp;at 2 p.m. Eastern Daylight Time on Wednesday, most folks will probably head straight for the FOMC’s guesses on the fed-funds rate, and specifically when liftoff from near-zero is finally expected.</p><p><blockquote>我们将寻找FOMC的正式政策声明和该小组最新的经济预测摘要中的内容，其中将包括委员会成员对国内生产总值、通胀和失业率等关键经济指标的猜测。最有可能的是，当该消息于下午2点发布在美联储网站上时。周三东部夏令时，大多数人可能会直接关注FOMC对联邦基金利率的猜测，特别是何时最终有望从接近零的利率上升。</blockquote></p><p> The “dot plot”—or graph of the FOMC members’ consensus guesses—puts the first hike all the way out past 2023. That seems a very long-term forecast, and as John Maynard Keynes famously pointed out, in the long run we’re all dead. Some Fed watchers, such as J.P. Morgan’s chief U.S. economist, Michael Feroli, look for the dots to show a 2023 liftoff.</p><p><blockquote>“点阵图”——或FOMC成员共识猜测的图表——将首次加息一直推迟到2023年之后。这似乎是一个非常长期的预测，正如约翰·梅纳德·凯恩斯（John Maynard Keynes）著名指出的那样，从长远来看，我们都死了。一些美联储观察人士，例如摩根大通首席美国经济学家迈克尔·费罗利(Michael Feroli)，认为这些点表明2023年的经济起飞。</blockquote></p><p> The markets, however, already had been pricing in one or more fed-funds rate hikes by 2023. But concurrent with the previously discussed slide in longer-term bond yields, the interest-rate futures markets have effectively priced out one of those short-term rate increases. In addition, the derivatives market now sees the fed-funds rate peaking under 2%, some 0.4 of a percentage point lower than what it had priced in earlier this year, according to analysts for&nbsp;Natixis.</p><p><blockquote>然而，市场已经预计到2023年联邦基金将加息一次或多次。但在之前讨论的长期债券收益率下滑的同时，利率期货市场实际上已经消化了其中一次短期加息。此外，Natixis分析师表示，衍生品市场目前预计联邦基金利率将达到2%以下的峰值，比今年早些时候的定价低约0.4个百分点。</blockquote></p><p> Long before making any rate hikes, the Fed will begin to lessen its accommodation by slowing its current pace of securities purchases, which consist of $80 billion of Treasuries and $40 billion of agency mortgage-backed securities every month. The trillions that the Federal Reserve and other central banks have created have gone a long way to boost the values of assets, which rose by $5 trillion, to $136.9 trillion, in the first quarter, according to new Fed data released this past week. That includes a $3.2 trillion rise in the value of equities owned by households and a $968 billion rise in their real estate holdings.</p><p><blockquote>早在加息之前，美联储就将开始通过放慢目前的证券购买步伐来减少宽松政策，其中包括每月800亿美元的美国国债和400亿美元的机构抵押贷款支持证券。根据美联储上周发布的新数据，美联储和其他央行创造的数万亿美元对提振资产价值大有帮助，第一季度资产价值增加了5万亿美元，达到136.9万亿美元。其中包括家庭持有的股票价值增加3.2万亿美元，房地产持有量增加9680亿美元。</blockquote></p><p> The key criterion for reduced Fed accommodation is whether the monetary authorities see “substantial further progress” toward reaching what they deem as maximum employment, probably a deliberately ambiguous standard.</p><p><blockquote>美联储宽松政策减少的关键标准是货币当局是否认为在实现他们认为的最大就业方面取得了“实质性的进一步进展”，这可能是一个故意模糊的标准。</blockquote></p><p> But the increase in payrolls appears to be constrained as much by the supply of labor as businesses’ desire to hire. The latest Job Openings and Labor Turnover Survey, or Jolts, showed&nbsp;a record 9.3 million unfilled openings&nbsp;in April. In addition, 384,000 people left their positions that month, bringing the total of voluntary job quitters to a record four million.</p><p><blockquote>但就业人数的增长似乎既受到劳动力供应的限制，也受到企业招聘意愿的限制。最新的职位空缺和劳动力流动调查（Jolts）显示，4月份有创纪录的930万个职位空缺。此外，当月有38.4万人离职，自愿离职人数达到创纪录的400万人。</blockquote></p><p> Anecdotal evidence, including some in the Fed’s beige book summary of economic conditions prepared for the coming meeting, suggests that employers aren’t finding enough workers because of generous unemployment compensation. Unusual for a social science such as economics, there will be a real-time experiment to test this hypothesis as 25 states end the extra $300 weekly payment early.</p><p><blockquote>轶事证据，包括美联储为即将召开的会议准备的经济状况褐皮书总结中的一些证据，表明由于慷慨的失业补偿，雇主没有找到足够的工人。对于经济学等社会科学来说，不同寻常的是，随着25个州提前结束每周额外支付300美元的费用，将会有一个实时实验来检验这一假设。</blockquote></p><p> Jefferies economists Aneta Markowska and Thomas Simons write in a research note that these 25 states account for about a quarter of all the unemployed workers. Ending their extra jobless benefits could boost employment by roughly two million in the next few months, they estimate. Another growth spurt should follow in September and October after the extra unemployment insurance expires in the remaining states; schools reopen—providing free daycare for some would-be workers, especially women; and many office employees return to their desks, they add.</p><p><blockquote>杰富瑞经济学家Aneta Markowska和Thomas Simons在一份研究报告中写道，这25个州约占所有失业工人的四分之一。他们估计，终止额外的失业救济金可能会在未来几个月内增加大约200万人的就业机会。在其余州的额外失业保险到期后，9月和10月应该会出现另一次井喷式增长；学校重新开放——为一些潜在工人，尤其是女性提供免费日托；他们补充说，许多上班族回到了办公桌前。</blockquote></p><p> At that point, the Fed might start talking about actually reducing its massive securities purchases. Given the “taper tantrum” thrown by the markets when the central bank slowed its bond buying in 2013, this Fed will want to disclose how, when, and how fast it plans to slow its pour into the punch bowl. That’s what we’ll be listening for this week.</p><p><blockquote>到那时，美联储可能会开始谈论实际减少大规模证券购买。鉴于美联储在2013年放缓债券购买时市场引发的“缩减恐慌”，本届美联储将希望披露其计划如何、何时以及以多快的速度放缓注入潘趣酒碗。这就是我们本周要听的。</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>What to Expect in This Week’s Federal Reserve Meeting<blockquote>本周美联储会议有何期待</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhat to Expect in This Week’s Federal Reserve Meeting<blockquote>本周美联储会议有何期待</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Barrons</strong><span class=\"h-time small\">2021-06-14 13:54</span>\n</p>\n</h4>\n</header>\n<article>\n<p>As the Federal Open Market Committee holds its regular policy meeting this coming week, once again analysts and investors should flip the Nixon-era cliché and watch what they say, not what they do. What everybody wants to know is whether the panel finally has gotten around to talking about talking about moving away from its ubereasy monetary policy.</p><p><blockquote>随着联邦公开市场委员会下周举行例行政策会议，分析师和投资者应该再次打破尼克松时代的陈词滥调，关注他们的言论，而不是他们的行动。每个人都想知道的是，该小组是否最终开始讨论放弃其超级宽松的货币政策。</blockquote></p><p> We all know that the FOMC won’t take any substantive steps in terms of its massive securities purchases, which are still running at $120 billion a month. As for its key federal-funds rate target, that’s stuck at 0% to 0.25% (although there’s an outside chance of technical tweaking of some other Fed-administered rates to address the billions in excess cash sloshing around in the money markets).</p><p><blockquote>我们都知道，FOMC不会在其大规模证券购买方面采取任何实质性措施，目前仍以每月1200亿美元的速度运行。至于其关键的联邦基金利率目标，则停留在0%至0.25%（尽管美联储管理的其他一些利率有可能进行技术调整，以解决货币市场上流动的数十亿过剩现金）。</blockquote></p><p> We’ll be looking for what’s in the FOMC’s formal policy statement and the panel’s updated Summary of Economic Projections, which will include the amalgam of the committee members’ guesses on key economic gauges, such as gross domestic product, inflation, and unemployment. Most likely, when that is posted&nbsp;on the Fed’s website&nbsp;at 2 p.m. Eastern Daylight Time on Wednesday, most folks will probably head straight for the FOMC’s guesses on the fed-funds rate, and specifically when liftoff from near-zero is finally expected.</p><p><blockquote>我们将寻找FOMC的正式政策声明和该小组最新的经济预测摘要中的内容，其中将包括委员会成员对国内生产总值、通胀和失业率等关键经济指标的猜测。最有可能的是，当该消息于下午2点发布在美联储网站上时。周三东部夏令时，大多数人可能会直接关注FOMC对联邦基金利率的猜测，特别是何时最终有望从接近零的利率上升。</blockquote></p><p> The “dot plot”—or graph of the FOMC members’ consensus guesses—puts the first hike all the way out past 2023. That seems a very long-term forecast, and as John Maynard Keynes famously pointed out, in the long run we’re all dead. Some Fed watchers, such as J.P. Morgan’s chief U.S. economist, Michael Feroli, look for the dots to show a 2023 liftoff.</p><p><blockquote>“点阵图”——或FOMC成员共识猜测的图表——将首次加息一直推迟到2023年之后。这似乎是一个非常长期的预测，正如约翰·梅纳德·凯恩斯（John Maynard Keynes）著名指出的那样，从长远来看，我们都死了。一些美联储观察人士，例如摩根大通首席美国经济学家迈克尔·费罗利(Michael Feroli)，认为这些点表明2023年的经济起飞。</blockquote></p><p> The markets, however, already had been pricing in one or more fed-funds rate hikes by 2023. But concurrent with the previously discussed slide in longer-term bond yields, the interest-rate futures markets have effectively priced out one of those short-term rate increases. In addition, the derivatives market now sees the fed-funds rate peaking under 2%, some 0.4 of a percentage point lower than what it had priced in earlier this year, according to analysts for&nbsp;Natixis.</p><p><blockquote>然而，市场已经预计到2023年联邦基金将加息一次或多次。但在之前讨论的长期债券收益率下滑的同时，利率期货市场实际上已经消化了其中一次短期加息。此外，Natixis分析师表示，衍生品市场目前预计联邦基金利率将达到2%以下的峰值，比今年早些时候的定价低约0.4个百分点。</blockquote></p><p> Long before making any rate hikes, the Fed will begin to lessen its accommodation by slowing its current pace of securities purchases, which consist of $80 billion of Treasuries and $40 billion of agency mortgage-backed securities every month. The trillions that the Federal Reserve and other central banks have created have gone a long way to boost the values of assets, which rose by $5 trillion, to $136.9 trillion, in the first quarter, according to new Fed data released this past week. That includes a $3.2 trillion rise in the value of equities owned by households and a $968 billion rise in their real estate holdings.</p><p><blockquote>早在加息之前，美联储就将开始通过放慢目前的证券购买步伐来减少宽松政策，其中包括每月800亿美元的美国国债和400亿美元的机构抵押贷款支持证券。根据美联储上周发布的新数据，美联储和其他央行创造的数万亿美元对提振资产价值大有帮助，第一季度资产价值增加了5万亿美元，达到136.9万亿美元。其中包括家庭持有的股票价值增加3.2万亿美元，房地产持有量增加9680亿美元。</blockquote></p><p> The key criterion for reduced Fed accommodation is whether the monetary authorities see “substantial further progress” toward reaching what they deem as maximum employment, probably a deliberately ambiguous standard.</p><p><blockquote>美联储宽松政策减少的关键标准是货币当局是否认为在实现他们认为的最大就业方面取得了“实质性的进一步进展”，这可能是一个故意模糊的标准。</blockquote></p><p> But the increase in payrolls appears to be constrained as much by the supply of labor as businesses’ desire to hire. The latest Job Openings and Labor Turnover Survey, or Jolts, showed&nbsp;a record 9.3 million unfilled openings&nbsp;in April. In addition, 384,000 people left their positions that month, bringing the total of voluntary job quitters to a record four million.</p><p><blockquote>但就业人数的增长似乎既受到劳动力供应的限制，也受到企业招聘意愿的限制。最新的职位空缺和劳动力流动调查（Jolts）显示，4月份有创纪录的930万个职位空缺。此外，当月有38.4万人离职，自愿离职人数达到创纪录的400万人。</blockquote></p><p> Anecdotal evidence, including some in the Fed’s beige book summary of economic conditions prepared for the coming meeting, suggests that employers aren’t finding enough workers because of generous unemployment compensation. Unusual for a social science such as economics, there will be a real-time experiment to test this hypothesis as 25 states end the extra $300 weekly payment early.</p><p><blockquote>轶事证据，包括美联储为即将召开的会议准备的经济状况褐皮书总结中的一些证据，表明由于慷慨的失业补偿，雇主没有找到足够的工人。对于经济学等社会科学来说，不同寻常的是，随着25个州提前结束每周额外支付300美元的费用，将会有一个实时实验来检验这一假设。</blockquote></p><p> Jefferies economists Aneta Markowska and Thomas Simons write in a research note that these 25 states account for about a quarter of all the unemployed workers. Ending their extra jobless benefits could boost employment by roughly two million in the next few months, they estimate. Another growth spurt should follow in September and October after the extra unemployment insurance expires in the remaining states; schools reopen—providing free daycare for some would-be workers, especially women; and many office employees return to their desks, they add.</p><p><blockquote>杰富瑞经济学家Aneta Markowska和Thomas Simons在一份研究报告中写道，这25个州约占所有失业工人的四分之一。他们估计，终止额外的失业救济金可能会在未来几个月内增加大约200万人的就业机会。在其余州的额外失业保险到期后，9月和10月应该会出现另一次井喷式增长；学校重新开放——为一些潜在工人，尤其是女性提供免费日托；他们补充说，许多上班族回到了办公桌前。</blockquote></p><p> At that point, the Fed might start talking about actually reducing its massive securities purchases. Given the “taper tantrum” thrown by the markets when the central bank slowed its bond buying in 2013, this Fed will want to disclose how, when, and how fast it plans to slow its pour into the punch bowl. That’s what we’ll be listening for this week.</p><p><blockquote>到那时，美联储可能会开始谈论实际减少大规模证券购买。鉴于美联储在2013年放缓债券购买时市场引发的“缩减恐慌”，本届美联储将希望披露其计划如何、何时以及以多快的速度放缓注入潘趣酒碗。这就是我们本周要听的。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.barrons.com/articles/what-to-expect-in-next-weeks-federal-reserve-meeting-51623457837?mod=RTA\">Barrons</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯",".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index"},"source_url":"https://www.barrons.com/articles/what-to-expect-in-next-weeks-federal-reserve-meeting-51623457837?mod=RTA","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1138219989","content_text":"As the Federal Open Market Committee holds its regular policy meeting this coming week, once again analysts and investors should flip the Nixon-era cliché and watch what they say, not what they do. What everybody wants to know is whether the panel finally has gotten around to talking about talking about moving away from its ubereasy monetary policy.\nWe all know that the FOMC won’t take any substantive steps in terms of its massive securities purchases, which are still running at $120 billion a month. As for its key federal-funds rate target, that’s stuck at 0% to 0.25% (although there’s an outside chance of technical tweaking of some other Fed-administered rates to address the billions in excess cash sloshing around in the money markets).\nWe’ll be looking for what’s in the FOMC’s formal policy statement and the panel’s updated Summary of Economic Projections, which will include the amalgam of the committee members’ guesses on key economic gauges, such as gross domestic product, inflation, and unemployment. Most likely, when that is posted on the Fed’s website at 2 p.m. Eastern Daylight Time on Wednesday, most folks will probably head straight for the FOMC’s guesses on the fed-funds rate, and specifically when liftoff from near-zero is finally expected.\nThe “dot plot”—or graph of the FOMC members’ consensus guesses—puts the first hike all the way out past 2023. That seems a very long-term forecast, and as John Maynard Keynes famously pointed out, in the long run we’re all dead. Some Fed watchers, such as J.P. Morgan’s chief U.S. economist, Michael Feroli, look for the dots to show a 2023 liftoff.\nThe markets, however, already had been pricing in one or more fed-funds rate hikes by 2023. But concurrent with the previously discussed slide in longer-term bond yields, the interest-rate futures markets have effectively priced out one of those short-term rate increases. In addition, the derivatives market now sees the fed-funds rate peaking under 2%, some 0.4 of a percentage point lower than what it had priced in earlier this year, according to analysts for Natixis.\nLong before making any rate hikes, the Fed will begin to lessen its accommodation by slowing its current pace of securities purchases, which consist of $80 billion of Treasuries and $40 billion of agency mortgage-backed securities every month. The trillions that the Federal Reserve and other central banks have created have gone a long way to boost the values of assets, which rose by $5 trillion, to $136.9 trillion, in the first quarter, according to new Fed data released this past week. That includes a $3.2 trillion rise in the value of equities owned by households and a $968 billion rise in their real estate holdings.\nThe key criterion for reduced Fed accommodation is whether the monetary authorities see “substantial further progress” toward reaching what they deem as maximum employment, probably a deliberately ambiguous standard.\nBut the increase in payrolls appears to be constrained as much by the supply of labor as businesses’ desire to hire. The latest Job Openings and Labor Turnover Survey, or Jolts, showed a record 9.3 million unfilled openings in April. In addition, 384,000 people left their positions that month, bringing the total of voluntary job quitters to a record four million.\nAnecdotal evidence, including some in the Fed’s beige book summary of economic conditions prepared for the coming meeting, suggests that employers aren’t finding enough workers because of generous unemployment compensation. Unusual for a social science such as economics, there will be a real-time experiment to test this hypothesis as 25 states end the extra $300 weekly payment early.\nJefferies economists Aneta Markowska and Thomas Simons write in a research note that these 25 states account for about a quarter of all the unemployed workers. Ending their extra jobless benefits could boost employment by roughly two million in the next few months, they estimate. Another growth spurt should follow in September and October after the extra unemployment insurance expires in the remaining states; schools reopen—providing free daycare for some would-be workers, especially women; and many office employees return to their desks, they add.\nAt that point, the Fed might start talking about actually reducing its massive securities purchases. Given the “taper tantrum” thrown by the markets when the central bank slowed its bond buying in 2013, this Fed will want to disclose how, when, and how fast it plans to slow its pour into the punch bowl. That’s what we’ll be listening for this week.","news_type":1,"symbols_score_info":{".SPX":0.9,".IXIC":0.9,".DJI":0.9}},"isVote":1,"tweetType":1,"viewCount":535,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":184913002,"gmtCreate":1623680537806,"gmtModify":1631888958115,"author":{"id":"3572498650193459","authorId":"3572498650193459","name":"ProLim","avatar":"https://static.tigerbbs.com/6eca4831f468b79e30513dff47109ae3","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3572498650193459","idStr":"3572498650193459"},"themes":[],"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/184913002","repostId":"2143787712","repostType":4,"isVote":1,"tweetType":1,"viewCount":502,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":186542655,"gmtCreate":1623514409677,"gmtModify":1631888958118,"author":{"id":"3572498650193459","authorId":"3572498650193459","name":"ProLim","avatar":"https://static.tigerbbs.com/6eca4831f468b79e30513dff47109ae3","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3572498650193459","idStr":"3572498650193459"},"themes":[],"htmlText":"Hi","listText":"Hi","text":"Hi","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/186542655","repostId":"1131879907","repostType":4,"isVote":1,"tweetType":1,"viewCount":633,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":186546792,"gmtCreate":1623514348016,"gmtModify":1631884647465,"author":{"id":"3572498650193459","authorId":"3572498650193459","name":"ProLim","avatar":"https://static.tigerbbs.com/6eca4831f468b79e30513dff47109ae3","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3572498650193459","idStr":"3572498650193459"},"themes":[],"htmlText":"Post","listText":"Post","text":"Post","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/186546792","repostId":"1151053377","repostType":4,"repost":{"id":"1151053377","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":1623420628,"share":"https://www.laohu8.com/m/news/1151053377?lang=zh_CN&edition=full","pubTime":"2021-06-11 22:10","market":"us","language":"en","title":"Fubo TV surged over 7% in morning trading<blockquote>阜博电视早盘大涨超7%</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1151053377","media":"Tiger Newspress","summary":"(June 11) Fubo TV surged over 7% in morning trading. Days ago, Fubo launched its app on LG Electroni","content":"<p>(June 11)&nbsp;Fubo TV&nbsp;surged over 7% in morning trading.&nbsp;Days ago, Fubo launched its app on LG Electronics' webOS smart TV platform in the U.S. But outlook not yet carefree.</p><p><blockquote>（6月11日）阜博电视早盘大涨超7%，日前阜博在美国LG电子的webOS智能电视平台上推出其app。但前景还不是无忧无虑。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/227284f09c707eabfd28577428d98484\" tg-width=\"700\" tg-height=\"584\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p> A streaming service with a strong focus on sports, FuboTV (<b>FUBO</b>) recently announced it would be offered on LG SmartTV’s in the U.S., increasing its customer base and brand awareness. (SeeFUBO stock analysison TipRanks)</p><p><blockquote>FuboTV是一家专注于体育的流媒体服务（<b>富博</b>）最近宣布将在美国的LG智能电视上提供，增加其客户群和品牌知名度。（请参阅TipRanks上的富博股票分析）</blockquote></p><p> Publishing on a report on the matter,Darren Aftahiof Roth Capital Partners wrote that integration with LG “should help it grow top of funnel consumer awareness.” Aftahi maintained a Buy rating on the stock, and declared a price target of $42.</p><p><blockquote>Roth Capital Partners的达伦·阿夫塔希(Darren Aftahif)在一份有关此事的报告中写道，与LG的整合“应该有助于其提高消费者认知度”。Aftahi维持该股的买入评级，并宣布目标价为42美元。</blockquote></p><p> Aftahi explained that consumers with LG SmartTV’s will have immediate access to free trials of FuboTV, which will be promoted for user download. This is significant as LG currently already holds about a 12% market share in the U.S. It is important to note, however, that the LG deal will only apply to models of the years 2018 through 2021.</p><p><blockquote>Aftahi解释说，拥有LG SmartTV的消费者将立即获得FuboTV的免费试用，该试用将被推广供用户下载。这一点意义重大，因为LG目前已经在美国占据了约12%的市场份额。然而，值得注意的是，LG的交易仅适用于2018年至2021年的车型。</blockquote></p><p> The company has been making headway as of late, but it is not without its risks, details Aftahi. FuboTV relies heavily on sports content, and any sort of stoppages in the sports world will severely disrupt its outlook on growth. Furthermore, as big-ticket events such as the Olympics were cancelled last year, similar instances occurring will directly impact subscriber growth.</p><p><blockquote>阿夫塔希详细介绍说，该公司最近取得了进展，但也并非没有风险。FuboTV严重依赖体育内容，体育界的任何形式的停工都将严重扰乱其增长前景。此外，由于去年奥运会等大型活动被取消，类似事件的发生将直接影响用户增长。</blockquote></p><p> The analyst was also concerned about sports streaming offerings from Youtube TV and Hulu, as well as other large service providers mounting serious competition. If Fubo is unable “to differentiate its service, attract, continually engage and retain users” its outlook will be impacted for the worse.</p><p><blockquote>这位分析师还对Youtube TV和Hulu的体育流媒体产品以及其他大型服务提供商的激烈竞争感到担忧。如果Fubo无法“差异化服务、吸引、持续吸引和留住用户”，其前景将受到更糟的影响。</blockquote></p><p> On TipRanks, FUBO has an analyst rating consensus of Strong Buy, based on 6 Buy and 1 hold ratings. Theaverage analyst FUBO price targetis $38.86 per share, reflecting a potential 12-month upside of 29.2%.</p><p><blockquote>在TipRanks上，基于6个买入和1个持有评级，FUBO的分析师一致评级为“强力买入”。FUBO分析师平均目标价为每股38.86美元，反映出12个月潜在上涨29.2%。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/99e7b4b19ad5a7bfcea122fd8eeee10b\" tg-width=\"959\" tg-height=\"528\"></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>Fubo TV surged over 7% in morning trading<blockquote>阜博电视早盘大涨超7%</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\">\nFubo TV surged over 7% in morning trading<blockquote>阜博电视早盘大涨超7%</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\">2021-06-11 22:10</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>(June 11)&nbsp;Fubo TV&nbsp;surged over 7% in morning trading.&nbsp;Days ago, Fubo launched its app on LG Electronics' webOS smart TV platform in the U.S. But outlook not yet carefree.</p><p><blockquote>（6月11日）阜博电视早盘大涨超7%，日前阜博在美国LG电子的webOS智能电视平台上推出其app。但前景还不是无忧无虑。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/227284f09c707eabfd28577428d98484\" tg-width=\"700\" tg-height=\"584\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p> A streaming service with a strong focus on sports, FuboTV (<b>FUBO</b>) recently announced it would be offered on LG SmartTV’s in the U.S., increasing its customer base and brand awareness. (SeeFUBO stock analysison TipRanks)</p><p><blockquote>FuboTV是一家专注于体育的流媒体服务（<b>富博</b>）最近宣布将在美国的LG智能电视上提供，增加其客户群和品牌知名度。（请参阅TipRanks上的富博股票分析）</blockquote></p><p> Publishing on a report on the matter,Darren Aftahiof Roth Capital Partners wrote that integration with LG “should help it grow top of funnel consumer awareness.” Aftahi maintained a Buy rating on the stock, and declared a price target of $42.</p><p><blockquote>Roth Capital Partners的达伦·阿夫塔希(Darren Aftahif)在一份有关此事的报告中写道，与LG的整合“应该有助于其提高消费者认知度”。Aftahi维持该股的买入评级，并宣布目标价为42美元。</blockquote></p><p> Aftahi explained that consumers with LG SmartTV’s will have immediate access to free trials of FuboTV, which will be promoted for user download. This is significant as LG currently already holds about a 12% market share in the U.S. It is important to note, however, that the LG deal will only apply to models of the years 2018 through 2021.</p><p><blockquote>Aftahi解释说，拥有LG SmartTV的消费者将立即获得FuboTV的免费试用，该试用将被推广供用户下载。这一点意义重大，因为LG目前已经在美国占据了约12%的市场份额。然而，值得注意的是，LG的交易仅适用于2018年至2021年的车型。</blockquote></p><p> The company has been making headway as of late, but it is not without its risks, details Aftahi. FuboTV relies heavily on sports content, and any sort of stoppages in the sports world will severely disrupt its outlook on growth. Furthermore, as big-ticket events such as the Olympics were cancelled last year, similar instances occurring will directly impact subscriber growth.</p><p><blockquote>阿夫塔希详细介绍说，该公司最近取得了进展，但也并非没有风险。FuboTV严重依赖体育内容，体育界的任何形式的停工都将严重扰乱其增长前景。此外，由于去年奥运会等大型活动被取消，类似事件的发生将直接影响用户增长。</blockquote></p><p> The analyst was also concerned about sports streaming offerings from Youtube TV and Hulu, as well as other large service providers mounting serious competition. If Fubo is unable “to differentiate its service, attract, continually engage and retain users” its outlook will be impacted for the worse.</p><p><blockquote>这位分析师还对Youtube TV和Hulu的体育流媒体产品以及其他大型服务提供商的激烈竞争感到担忧。如果Fubo无法“差异化服务、吸引、持续吸引和留住用户”，其前景将受到更糟的影响。</blockquote></p><p> On TipRanks, FUBO has an analyst rating consensus of Strong Buy, based on 6 Buy and 1 hold ratings. Theaverage analyst FUBO price targetis $38.86 per share, reflecting a potential 12-month upside of 29.2%.</p><p><blockquote>在TipRanks上，基于6个买入和1个持有评级，FUBO的分析师一致评级为“强力买入”。FUBO分析师平均目标价为每股38.86美元，反映出12个月潜在上涨29.2%。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/99e7b4b19ad5a7bfcea122fd8eeee10b\" tg-width=\"959\" tg-height=\"528\"></p><p><blockquote></blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"FUBO":"fuboTV Inc."},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1151053377","content_text":"(June 11) Fubo TV surged over 7% in morning trading. Days ago, Fubo launched its app on LG Electronics' webOS smart TV platform in the U.S. But outlook not yet carefree.\n\nA streaming service with a strong focus on sports, FuboTV (FUBO) recently announced it would be offered on LG SmartTV’s in the U.S., increasing its customer base and brand awareness. (SeeFUBO stock analysison TipRanks)\nPublishing on a report on the matter,Darren Aftahiof Roth Capital Partners wrote that integration with LG “should help it grow top of funnel consumer awareness.” Aftahi maintained a Buy rating on the stock, and declared a price target of $42.\nAftahi explained that consumers with LG SmartTV’s will have immediate access to free trials of FuboTV, which will be promoted for user download. This is significant as LG currently already holds about a 12% market share in the U.S. It is important to note, however, that the LG deal will only apply to models of the years 2018 through 2021.\nThe company has been making headway as of late, but it is not without its risks, details Aftahi. FuboTV relies heavily on sports content, and any sort of stoppages in the sports world will severely disrupt its outlook on growth. Furthermore, as big-ticket events such as the Olympics were cancelled last year, similar instances occurring will directly impact subscriber growth.\nThe analyst was also concerned about sports streaming offerings from Youtube TV and Hulu, as well as other large service providers mounting serious competition. If Fubo is unable “to differentiate its service, attract, continually engage and retain users” its outlook will be impacted for the worse.\nOn TipRanks, FUBO has an analyst rating consensus of Strong Buy, based on 6 Buy and 1 hold ratings. 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results.\nXunlei Q4 GAAP EPS of $0.07.\nRevenue of $50.3M (+4.1% Y/Y)\n\nFou","content":"<p>(March 16)Xunlei reports Q4 results.</p><p><blockquote>（3月16日）迅雷公布Q4业绩。</blockquote></p><p> Xunlei Q4 GAAP EPS of $0.07.</p><p><blockquote>迅雷第四季度GAAP每股收益为0.07美元。</blockquote></p><p> Revenue of $50.3M (+4.1% Y/Y)</p><p><blockquote>收入为5030万美元（同比增长4.1%）</blockquote></p><p> <img src=\"https://static.tigerbbs.com/382989b85c48923f54372ca4e0f548b2\" tg-width=\"1084\" tg-height=\"516\"></p><p><blockquote></blockquote></p><p> <b>Fourth Quarter 2020 Financial Highlights:</b></p><p><blockquote><b>2020年第四季度财务摘要：</b></blockquote></p><p> <ul>  <li>Total revenues were US$50.3 million, representing an increase of 15.0% from the previous quarter.</li> </ul> <ul>  <li>Cloud computing and other internet value-added services (“Cloud computing and other IVAS”) revenues were US$25.9 million, representing an increase of 22.0% from the previous quarter.</li> </ul> <ul>  <li>Subscription revenues were US$20.7 million, representing an increase of 5.5% from the previous quarter.</li> </ul> <ul>  <li>Online advertising revenues consisting primarily of revenues from mobile advertising were US$3.8 million, representing an increase of 27.6% from the previous quarter.</li> </ul> <ul>  <li>Gross profit was US$26.8 million, representing an increase of 18.3% from the previous quarter, and gross margin was 53.3% in the fourth quarter, compared with 51.9% in the previous quarter.</li> </ul> <ul>  <li>Net income was US$4.6 million in the fourth quarter, compared with a net loss of US$1.5 million in the previous quarter.</li> </ul> <ul>  <li>Diluted earnings per ADS was approximately US$0.07 as compared with a loss of US$0.02 in the previous quarter.</li> </ul> <b>Fiscal Year Ended December 31, 2020 Financial Highlights:</b></p><p><blockquote><ul><li>总收入为5030万美元，较上一季度增长15.0%。</li></ul><ul><li>云计算及其他互联网增值服务（“云计算及其他IVA”）收入为25.9百万美元，较上一季度增长22.0%。</li></ul><ul><li>订阅收入为2070万美元，环比增长5.5%。</li></ul><ul><li>在线广告收入主要由移动广告收入组成，为380万美元，较上一季度增长27.6%。</li></ul><ul><li>毛利为2680万美元，环比增长18.3%，第四季度毛利率为53.3%，上一季度为51.9%。</li></ul><ul><li>第四季度净收入460万美元，上一季度净亏损150万美元。</li></ul><ul><li>每股美国存托凭证摊薄收益约为0.07美元，上一季度为亏损0.02美元。</li></ul><b>截至2020年12月31日止财政年度财务摘要：</b></blockquote></p><p> <ul>  <li>Total revenues were US$186.7 million, representing an increase of 3.0% from 2019.</li>  <li>Cloud computing and other IVAS revenues were US$89.2 million, representing an increase of 6.0% from 2019.</li> </ul> <ul>  <li>Subscription revenues were US$84.3 million, representing an increase of 3.4% from 2019.</li> </ul> <ul>  <li>Online advertising revenues were US$13.2 million, representing a decrease of 15.6% from 2019.</li> </ul> <ul>  <li>Gross profit was US$93.7 million, representing an increase of 16.1% from 2019, and gross margin was 50.2%, compared with 44.5% in the previous year.</li> </ul> <ul>  <li>Net loss was US$14.1 million for fiscal year 2020, compared with a net loss of US$53.4 million for 2019.</li> </ul> <ul>  <li>Diluted loss per ADS in 2020 was US$0.21, compared with a loss of US$0.79 in the previous year.</li> </ul> Mr.Jinbo Li, Chairman and Chief Executive Officer of Xunlei, stated that, “We closed 2020 with a strong fourth quarter, completing a year of transition and progresses by outperforming our revenue guidance and achieving profitability in the quarter. The successful execution of our strategic focus on our core competitiveness and operational optimization is paying off with excellent results in all key operating and financial metrics. We are pleased to report a 15.0% quarter-over-quarter growth in our total revenues and a net income of $4.6 million in the fourth quarter.”</p><p><blockquote><ul><li>总收入为186.7百万美元，较二零一九年增加3.0%。</li><li>云计算及其他IVAS收入为89.2百万美元，较二零一九年增加6.0%。</li></ul><ul><li>订阅收入为84.3百万美元，较二零一九年增加3.4%。</li></ul><ul><li>线上广告收入为13.2百万美元，较二零一九年减少15.6%。</li></ul><ul><li>毛利为93.7百万美元，较二零一九年增加16.1%，毛利率为50.2%，而去年则为44.5%。</li></ul><ul><li>2020财年净亏损为1410万美元，而2019财年净亏损为5340万美元。</li></ul><ul><li>2020年每股ADS摊薄亏损0.21美元，上年亏损0.79美元。</li></ul>迅雷董事长兼首席执行官李金波先生表示：“我们以强劲的第四季度结束了2020年，完成了一年的转型和进步，超出了我们的收入指引并在本季度实现了盈利。我们对核心竞争力和运营优化的战略关注正在取得回报，在所有关键运营和财务指标上都取得了优异的成绩。我们很高兴地报告，第四季度总收入环比增长15.0%，净利润为460万美元。”</blockquote></p><p> “In 2020, we focused on optimizing our product features to improve user experiences and enhance our long-term competitiveness. Especially, we continued expansion of our cloud computing service capabilities with a growing and diversified enterprise client base. We also furthered our endeavor to improve blockchain technology and explored its applications by cooperating with higher learning institutions and other entities.”</p><p><blockquote>“2020年，我们专注于优化产品功能，改善用户体验，增强长期竞争力。特别是，我们持续扩大云计算服务能力，企业客户群不断增长且多元化。我们还进一步努力完善区块链技术，并通过与高等院校和其他实体合作探索其应用。”</blockquote></p><p> “Looking forward, we have high expectations for 2021 and anticipate it will be a year of continued progresses and accomplishments. We are thrilled that the construction of our long-waited Xunlei headquarters building will soon be completed and we’ll immediately start to prepare for operations. The completion of Xunlei building will release us from a significant capital commitment and allow us to allocate additional resources for business development. Our goal is to continue product innovation and seek breakthroughs in our business development. In particular, we will continue to develop our decentralized digital database technology and computing paradigm and explore game-changing applications. We will also develop differentiated short-video products and set sights on selected international markets. With approximately $255.1 million cash, cash equivalents and short-term investments on hand, we believe our solid balance sheet will put us in a strong position to finance growth and capture new opportunities,” concluded Mr.Jinbo Li.</p><p><blockquote>“展望未来，我们对2021年抱有很高的期望，并预计这将是持续进步和成就的一年。我们很高兴期待已久的迅雷总部大楼即将竣工，我们将立即开始准备运营。迅雷大楼的落成将使我们摆脱重大资本承诺，并使我们能够分配额外的资源用于业务发展。我们的目标是继续产品创新，寻求业务发展的突破。特别是，我们将继续开发我们的去中心化数字数据库技术和计算范式，并探索改变游戏规则的应用。我们还将开发差异化的短视频产品，并瞄准选定的国际市场。凭借手头约2.551亿美元的现金、现金等价物和短期投资，我们相信我们稳健的资产负债表将使我们处于有利地位，为增长提供资金并抓住新机遇。”李金波先生总结道。</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>Xunlei Q4 GAAP EPS of $0.07,Revenue of $50.3M (+4.1% Y/Y)<blockquote>迅雷第四季度GAAP每股收益为0.07美元，收入为5030万美元（同比增长4.1%）</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\">\nXunlei Q4 GAAP EPS of $0.07,Revenue of $50.3M (+4.1% Y/Y)<blockquote>迅雷第四季度GAAP每股收益为0.07美元，收入为5030万美元（同比增长4.1%）</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\">2021-03-16 18:43</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>(March 16)Xunlei reports Q4 results.</p><p><blockquote>（3月16日）迅雷公布Q4业绩。</blockquote></p><p> Xunlei Q4 GAAP EPS of $0.07.</p><p><blockquote>迅雷第四季度GAAP每股收益为0.07美元。</blockquote></p><p> Revenue of $50.3M (+4.1% Y/Y)</p><p><blockquote>收入为5030万美元（同比增长4.1%）</blockquote></p><p> <img src=\"https://static.tigerbbs.com/382989b85c48923f54372ca4e0f548b2\" tg-width=\"1084\" tg-height=\"516\"></p><p><blockquote></blockquote></p><p> <b>Fourth Quarter 2020 Financial Highlights:</b></p><p><blockquote><b>2020年第四季度财务摘要：</b></blockquote></p><p> <ul>  <li>Total revenues were US$50.3 million, representing an increase of 15.0% from the previous quarter.</li> </ul> <ul>  <li>Cloud computing and other internet value-added services (“Cloud computing and other IVAS”) revenues were US$25.9 million, representing an increase of 22.0% from the previous quarter.</li> </ul> <ul>  <li>Subscription revenues were US$20.7 million, representing an increase of 5.5% from the previous quarter.</li> </ul> <ul>  <li>Online advertising revenues consisting primarily of revenues from mobile advertising were US$3.8 million, representing an increase of 27.6% from the previous quarter.</li> </ul> <ul>  <li>Gross profit was US$26.8 million, representing an increase of 18.3% from the previous quarter, and gross margin was 53.3% in the fourth quarter, compared with 51.9% in the previous quarter.</li> </ul> <ul>  <li>Net income was US$4.6 million in the fourth quarter, compared with a net loss of US$1.5 million in the previous quarter.</li> </ul> <ul>  <li>Diluted earnings per ADS was approximately US$0.07 as compared with a loss of US$0.02 in the previous quarter.</li> </ul> <b>Fiscal Year Ended December 31, 2020 Financial Highlights:</b></p><p><blockquote><ul><li>总收入为5030万美元，较上一季度增长15.0%。</li></ul><ul><li>云计算及其他互联网增值服务（“云计算及其他IVA”）收入为25.9百万美元，较上一季度增长22.0%。</li></ul><ul><li>订阅收入为2070万美元，环比增长5.5%。</li></ul><ul><li>在线广告收入主要由移动广告收入组成，为380万美元，较上一季度增长27.6%。</li></ul><ul><li>毛利为2680万美元，环比增长18.3%，第四季度毛利率为53.3%，上一季度为51.9%。</li></ul><ul><li>第四季度净收入460万美元，上一季度净亏损150万美元。</li></ul><ul><li>每股美国存托凭证摊薄收益约为0.07美元，上一季度为亏损0.02美元。</li></ul><b>截至2020年12月31日止财政年度财务摘要：</b></blockquote></p><p> <ul>  <li>Total revenues were US$186.7 million, representing an increase of 3.0% from 2019.</li>  <li>Cloud computing and other IVAS revenues were US$89.2 million, representing an increase of 6.0% from 2019.</li> </ul> <ul>  <li>Subscription revenues were US$84.3 million, representing an increase of 3.4% from 2019.</li> </ul> <ul>  <li>Online advertising revenues were US$13.2 million, representing a decrease of 15.6% from 2019.</li> </ul> <ul>  <li>Gross profit was US$93.7 million, representing an increase of 16.1% from 2019, and gross margin was 50.2%, compared with 44.5% in the previous year.</li> </ul> <ul>  <li>Net loss was US$14.1 million for fiscal year 2020, compared with a net loss of US$53.4 million for 2019.</li> </ul> <ul>  <li>Diluted loss per ADS in 2020 was US$0.21, compared with a loss of US$0.79 in the previous year.</li> </ul> Mr.Jinbo Li, Chairman and Chief Executive Officer of Xunlei, stated that, “We closed 2020 with a strong fourth quarter, completing a year of transition and progresses by outperforming our revenue guidance and achieving profitability in the quarter. The successful execution of our strategic focus on our core competitiveness and operational optimization is paying off with excellent results in all key operating and financial metrics. We are pleased to report a 15.0% quarter-over-quarter growth in our total revenues and a net income of $4.6 million in the fourth quarter.”</p><p><blockquote><ul><li>总收入为186.7百万美元，较二零一九年增加3.0%。</li><li>云计算及其他IVAS收入为89.2百万美元，较二零一九年增加6.0%。</li></ul><ul><li>订阅收入为84.3百万美元，较二零一九年增加3.4%。</li></ul><ul><li>线上广告收入为13.2百万美元，较二零一九年减少15.6%。</li></ul><ul><li>毛利为93.7百万美元，较二零一九年增加16.1%，毛利率为50.2%，而去年则为44.5%。</li></ul><ul><li>2020财年净亏损为1410万美元，而2019财年净亏损为5340万美元。</li></ul><ul><li>2020年每股ADS摊薄亏损0.21美元，上年亏损0.79美元。</li></ul>迅雷董事长兼首席执行官李金波先生表示：“我们以强劲的第四季度结束了2020年，完成了一年的转型和进步，超出了我们的收入指引并在本季度实现了盈利。我们对核心竞争力和运营优化的战略关注正在取得回报，在所有关键运营和财务指标上都取得了优异的成绩。我们很高兴地报告，第四季度总收入环比增长15.0%，净利润为460万美元。”</blockquote></p><p> “In 2020, we focused on optimizing our product features to improve user experiences and enhance our long-term competitiveness. Especially, we continued expansion of our cloud computing service capabilities with a growing and diversified enterprise client base. We also furthered our endeavor to improve blockchain technology and explored its applications by cooperating with higher learning institutions and other entities.”</p><p><blockquote>“2020年，我们专注于优化产品功能，改善用户体验，增强长期竞争力。特别是，我们持续扩大云计算服务能力，企业客户群不断增长且多元化。我们还进一步努力完善区块链技术，并通过与高等院校和其他实体合作探索其应用。”</blockquote></p><p> “Looking forward, we have high expectations for 2021 and anticipate it will be a year of continued progresses and accomplishments. We are thrilled that the construction of our long-waited Xunlei headquarters building will soon be completed and we’ll immediately start to prepare for operations. The completion of Xunlei building will release us from a significant capital commitment and allow us to allocate additional resources for business development. Our goal is to continue product innovation and seek breakthroughs in our business development. In particular, we will continue to develop our decentralized digital database technology and computing paradigm and explore game-changing applications. We will also develop differentiated short-video products and set sights on selected international markets. With approximately $255.1 million cash, cash equivalents and short-term investments on hand, we believe our solid balance sheet will put us in a strong position to finance growth and capture new opportunities,” concluded Mr.Jinbo Li.</p><p><blockquote>“展望未来，我们对2021年抱有很高的期望，并预计这将是持续进步和成就的一年。我们很高兴期待已久的迅雷总部大楼即将竣工，我们将立即开始准备运营。迅雷大楼的落成将使我们摆脱重大资本承诺，并使我们能够分配额外的资源用于业务发展。我们的目标是继续产品创新，寻求业务发展的突破。特别是，我们将继续开发我们的去中心化数字数据库技术和计算范式，并探索改变游戏规则的应用。我们还将开发差异化的短视频产品，并瞄准选定的国际市场。凭借手头约2.551亿美元的现金、现金等价物和短期投资，我们相信我们稳健的资产负债表将使我们处于有利地位，为增长提供资金并抓住新机遇。”李金波先生总结道。</blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"XNET":"迅雷"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1117282524","content_text":"(March 16)Xunlei reports Q4 results.\nXunlei Q4 GAAP EPS of $0.07.\nRevenue of $50.3M (+4.1% Y/Y)\n\nFourth Quarter 2020 Financial Highlights:\n\nTotal revenues were US$50.3 million, representing an increase of 15.0% from the previous quarter.\n\n\nCloud computing and other internet value-added services (“Cloud computing and other IVAS”) revenues were US$25.9 million, representing an increase of 22.0% from the previous quarter.\n\n\nSubscription revenues were US$20.7 million, representing an increase of 5.5% from the previous quarter.\n\n\nOnline advertising revenues consisting primarily of revenues from mobile advertising were US$3.8 million, representing an increase of 27.6% from the previous quarter.\n\n\nGross profit was US$26.8 million, representing an increase of 18.3% from the previous quarter, and gross margin was 53.3% in the fourth quarter, compared with 51.9% in the previous quarter.\n\n\nNet income was US$4.6 million in the fourth quarter, compared with a net loss of US$1.5 million in the previous quarter.\n\n\nDiluted earnings per ADS was approximately US$0.07 as compared with a loss of US$0.02 in the previous quarter.\n\nFiscal Year Ended December 31, 2020 Financial Highlights:\n\nTotal revenues were US$186.7 million, representing an increase of 3.0% from 2019.\nCloud computing and other IVAS revenues were US$89.2 million, representing an increase of 6.0% from 2019.\n\n\nSubscription revenues were US$84.3 million, representing an increase of 3.4% from 2019.\n\n\nOnline advertising revenues were US$13.2 million, representing a decrease of 15.6% from 2019.\n\n\nGross profit was US$93.7 million, representing an increase of 16.1% from 2019, and gross margin was 50.2%, compared with 44.5% in the previous year.\n\n\nNet loss was US$14.1 million for fiscal year 2020, compared with a net loss of US$53.4 million for 2019.\n\n\nDiluted loss per ADS in 2020 was US$0.21, compared with a loss of US$0.79 in the previous year.\n\nMr.Jinbo Li, Chairman and Chief Executive Officer of Xunlei, stated that, “We closed 2020 with a strong fourth quarter, completing a year of transition and progresses by outperforming our revenue guidance and achieving profitability in the quarter. The successful execution of our strategic focus on our core competitiveness and operational optimization is paying off with excellent results in all key operating and financial metrics. We are pleased to report a 15.0% quarter-over-quarter growth in our total revenues and a net income of $4.6 million in the fourth quarter.”\n“In 2020, we focused on optimizing our product features to improve user experiences and enhance our long-term competitiveness. Especially, we continued expansion of our cloud computing service capabilities with a growing and diversified enterprise client base. We also furthered our endeavor to improve blockchain technology and explored its applications by cooperating with higher learning institutions and other entities.”\n“Looking forward, we have high expectations for 2021 and anticipate it will be a year of continued progresses and accomplishments. We are thrilled that the construction of our long-waited Xunlei headquarters building will soon be completed and we’ll immediately start to prepare for operations. The completion of Xunlei building will release us from a significant capital commitment and allow us to allocate additional resources for business development. Our goal is to continue product innovation and seek breakthroughs in our business development. In particular, we will continue to develop our decentralized digital database technology and computing paradigm and explore game-changing applications. We will also develop differentiated short-video products and set sights on selected international markets. With approximately $255.1 million cash, cash equivalents and short-term investments on hand, we believe our solid balance sheet will put us in a strong position to finance growth and capture new opportunities,” concluded Mr.Jinbo Li.","news_type":1,"symbols_score_info":{"XNET":0.9}},"isVote":1,"tweetType":1,"viewCount":267,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":380799407,"gmtCreate":1612584317109,"gmtModify":1703763848109,"author":{"id":"3572498650193459","authorId":"3572498650193459","name":"ProLim","avatar":"https://static.tigerbbs.com/6eca4831f468b79e30513dff47109ae3","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3572498650193459","idStr":"3572498650193459"},"themes":[],"htmlText":"Go&nbsp;STI!","listText":"Go&nbsp;STI!","text":"Go STI!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":4,"repostSize":0,"link":"https://laohu8.com/post/380799407","repostId":"2109727286","repostType":4,"isVote":1,"tweetType":1,"viewCount":306,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":699101995,"gmtCreate":1639753355682,"gmtModify":1639753355783,"author":{"id":"3572498650193459","authorId":"3572498650193459","name":"ProLim","avatar":"https://static.tigerbbs.com/6eca4831f468b79e30513dff47109ae3","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3572498650193459","idStr":"3572498650193459"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/699101995","repostId":"1155244596","repostType":4,"repost":{"id":"1155244596","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":1639752003,"share":"https://www.laohu8.com/m/news/1155244596?lang=zh_CN&edition=full","pubTime":"2021-12-17 22:40","market":"us","language":"en","title":"Novavax continued to jump nearly 5% in morning trading as its vaccine had been included on the emergency use list<blockquote>Novavax早盘继续上涨近5%，因其疫苗已被列入紧急使用清单</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1155244596","media":"Tiger Newspress","summary":"Novavax continued to jump nearly 5% in morning trading as its vaccine had been included on the emerg","content":"<p>Novavax continued to jump nearly&nbsp;5% in morning trading as its vaccine had been included on the&nbsp;emergency use list.<img src=\"https://static.tigerbbs.com/6e0b5588f7377a98c70179cdc8612b3f\" tg-width=\"765\" tg-height=\"561\" width=\"100%\" height=\"auto\">The World Health Organization has included&nbsp;its&nbsp;vaccine NVX-CoV2373 on the emergency use list,and its&nbsp;original drug called nuvaxovidtm is currently undergoing evaluation by the European Medicines Agency.</p><p><blockquote>Novavax早盘继续上涨近5%，因其疫苗已被列入紧急使用清单。世界卫生组织已将其疫苗NVX-CoV2373列入紧急使用清单，其名为nuvaxovidtm的原研药物目前正在接受欧洲药品管理局的评估。</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>Novavax continued to jump nearly 5% in morning trading as its vaccine had been included on the emergency use list<blockquote>Novavax早盘继续上涨近5%，因其疫苗已被列入紧急使用清单</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\">\nNovavax continued to jump nearly 5% in morning trading as its vaccine had been included on the emergency use list<blockquote>Novavax早盘继续上涨近5%，因其疫苗已被列入紧急使用清单</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\">2021-12-17 22:40</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>Novavax continued to jump nearly&nbsp;5% in morning trading as its vaccine had been included on the&nbsp;emergency use list.<img src=\"https://static.tigerbbs.com/6e0b5588f7377a98c70179cdc8612b3f\" tg-width=\"765\" tg-height=\"561\" width=\"100%\" height=\"auto\">The World Health Organization has included&nbsp;its&nbsp;vaccine NVX-CoV2373 on the emergency use list,and its&nbsp;original drug called nuvaxovidtm is currently undergoing evaluation by the European Medicines Agency.</p><p><blockquote>Novavax早盘继续上涨近5%，因其疫苗已被列入紧急使用清单。世界卫生组织已将其疫苗NVX-CoV2373列入紧急使用清单，其名为nuvaxovidtm的原研药物目前正在接受欧洲药品管理局的评估。</blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NVAX":"诺瓦瓦克斯医药"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1155244596","content_text":"Novavax continued to jump nearly 5% in morning trading as its vaccine had been included on the emergency use list.The World Health Organization has included its vaccine NVX-CoV2373 on the emergency use list,and its original drug called nuvaxovidtm is currently undergoing evaluation by the European Medicines Agency.","news_type":1,"symbols_score_info":{"NVAX":0.9}},"isVote":1,"tweetType":1,"viewCount":3211,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":322236695,"gmtCreate":1615808615817,"gmtModify":1703493297986,"author":{"id":"3572498650193459","authorId":"3572498650193459","name":"ProLim","avatar":"https://static.tigerbbs.com/6eca4831f468b79e30513dff47109ae3","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3572498650193459","idStr":"3572498650193459"},"themes":[],"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/322236695","repostId":"1192661500","repostType":4,"repost":{"id":"1192661500","kind":"news","pubTimestamp":1615804156,"share":"https://www.laohu8.com/m/news/1192661500?lang=zh_CN&edition=full","pubTime":"2021-03-15 18:29","market":"us","language":"en","title":"4 Vanguard ETFs That Can Double Your $1,400 Stimulus Check<blockquote>4只Vanguard ETF可让您的1,400美元刺激支票翻倍</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1192661500","media":"Motley Fool","summary":"If a $1,400 stimulus check is headed your way, investing that money in an exchange-traded fund (ETF)","content":"<p>If a $1,400 stimulus check is headed your way, investing that money in an exchange-traded fund (ETF) could pay off big time. Instead of buying a few different stocks, with anETFyou can invest in hundreds of companies. Vanguard ETFs are a smart pick because the fees are incredibly low.</p><p><blockquote>如果您收到1,400美元的刺激支票，将这笔钱投资于交易所交易基金(ETF)可能会获得丰厚回报。通过NETF，您可以投资数百家公司，而不是购买几只不同的股票。Vanguard ETF是一个明智的选择，因为费用非常低。</blockquote></p><p> Of course, not everyone should invest their stimulus money. You should only do so if you have anemergency fund, you're current on bills, and you don't have high-interest debt. Also keep in mind that past performance doesn't guarantee future results. But if you can afford to invest and you want the potential to double your stimulus money, check out these four Vanguard ETFs.</p><p><blockquote>当然，并不是每个人都应该投资刺激资金。只有当您有应急基金、当前有账单并且没有高息债务时，您才应该这样做。还要记住，过去的表现并不能保证未来的结果。但如果您有能力投资并且希望刺激资金翻倍，请查看这四只Vanguard ETF。</blockquote></p><p> <b>1. Vanguard S&amp;P 500 ETF (VOO)</b></p><p><blockquote><b>1.先锋标普500 ETF(VOO)</b></blockquote></p><p> If you invest $1,400 in the<b>Vanguard S&amp;P 500 ETF</b>(NYSEMKT:VOO)and leave it there for a long stretch, you're practically guaranteed to make money. The fund tracks the<b>S&amp;P 500</b>index, which measures the performance of 500 of the largest companies in America. Buying an S&amp;P 500 ETF makes you an automatic investor in those 500 companies, including<b>Apple</b>(NASDAQ:AAPL),<b>Amazon</b>(NASDAQ:AMZN),<b>Tesla</b>(NASDAQ:TSLA), and<b>Walt Disney Co.</b>(NYSE:DIS). If you'd invested money at any point in the S&amp;P 500's history, never once would you have lost money had you kept it invested for 20 years.</p><p><blockquote>如果您投资1,400美元<b>先锋标普500 ETF</b>（NYSEMKT：VOO）如果你把它放在那里很长一段时间，你几乎肯定会赚钱。该基金跟踪<b>标普500</b>指数，衡量美国500家最大公司的业绩。购买标普500 ETF会让您自动成为这500家公司的投资者，包括<b>苹果</b>（纳斯达克：AAPL），<b>亚马逊</b>（纳斯达克：AMZN），<b>特斯拉</b>（纳斯达克：TSLA），以及<b>华特·迪斯尼公司。</b>（纽约证券交易所代码：DIS）。如果你在标普500历史上的任何时候投资过钱，如果你坚持投资20年，你就永远不会赔钱。</blockquote></p><p> The VOO has an expense ratio of 0.03%. In other words, just 0.03% of your investment goes toward fees, which translates to $0.42 for a $1,400 investment. Had you invested $1,400 in the VOO in March 2016, you'd have just over $3,000 today.</p><p><blockquote>VOO的费用率为0.03%。换句话说，您的投资中只有0.03%用于费用，即1,400美元的投资为0.42美元。如果您在2016年3月向VOO投资了1,400美元，那么今天您的资金将略高于3,000美元。</blockquote></p><p> <b>2. Vanguard Growth ETF (VUG)</b></p><p><blockquote><b>2.先锋成长ETF(VUG)</b></blockquote></p><p> The<b>Vanguard Growth Fund ETF</b>(NYSEMKT:VUG)is a solid way to invest your stimulus check if you're OK with more risk in exchange for higher returns. It tracks an index called the<b>CRSP U.S. Large Cap Growth Index</b>, which is very similar to the S&amp;P 500 screened to focus on 257 stocks identified asgrowth stocks. Essentially, you're investing in the faster-growing half of the S&amp;P 500. With a 0.04% expense ratio, your fees would only eat up $0.56 of your stimulus check.</p><p><blockquote>The<b>先锋成长基金ETF</b>（NYSEMKT：VUG）是投资刺激支票的可靠方式，如果您愿意承担更多风险以换取更高回报。它跟踪一个名为<b>CRSP美国大盘成长指数</b>，这与标普500筛选重点关注257只被确定为成长型股票的股票非常相似。从本质上讲，您投资的是增长更快的一半标普500。如果费用率为0.04%，您的费用只会消耗刺激支票的0.56美元。</blockquote></p><p> Not surprisingly, the VUG is more heavily concentrated in the tech sector compared to S&amp;P 500 funds. Tech stocks account for 47% of its holdings versus 27.8% for the VOO. A $1,400 investment in the VUG made five years ago would today be worth over $3,600. However, tech stocks that have soared in the past year have been cooling off recently. Temper your expectations if you're seeking huge returns immediately.</p><p><blockquote>毫不奇怪，与标普500基金相比，VUG更集中在科技行业。科技股占其持股的47%，而VOO的持股比例为27.8%。五年前对VUG的1,400美元投资如今价值超过3,600美元。然而，过去一年飙升的科技股最近却在降温。如果您想立即寻求巨额回报，请降低您的期望。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/f236b494475214fb7e9a992442f31213\" tg-width=\"720\" tg-height=\"502\"><b>3. Vanguard Small-Cap ETF (VB)</b></p><p><blockquote><b>3.先锋小盘ETF(VB)</b></blockquote></p><p> Investing insmall-cap stocks, typically defined as those with a market capitalization between $300 million and $2 billion, is another way to earn greater returns if you're comfortable with more risk. You have the potential to invest in a future giant while it's still small, but these often young companies have a higher risk of failing.</p><p><blockquote>如果您愿意承担更多风险，投资小盘股（通常定义为市值在3亿至20亿美元之间的股票）是赚取更大回报的另一种方式。当一家未来的巨头还很小的时候，你有潜力投资它，但这些通常年轻的公司有更高的失败风险。</blockquote></p><p> <b>Vanguard's Small-Cap ETF</b>(NYSEMKT:VB)allows you to invest in 1,426 stocks of smaller companies -- though many aren't exactly small caps, given that the median market cap is $5.9 billion. Its five largest holdings are fuel cell company<b>Plug Power Inc.</b>(NASDAQ:PLUG), solar power supplier<b>Enphase Energy</b>(NASDAQ:ENPH), cloud database<b>MongoDB</b>(NASDAQ:MDB), drug manufacturer<b>Catalent Inc.</b>(NYSE:CTLT), and software developer<b>Zendesk Inc.</b>(NYSE:ZEN).</p><p><blockquote><b>先锋集团的小盘股ETF</b>(NYSEMKT：VB)允许您投资1,426只小型公司的股票，尽管考虑到市值中位数为59亿美元，许多股票并不完全是小盘股。其前五大持股均为燃料电池公司<b>普拉格能源公司。</b>（纳斯达克：PLUG），太阳能电源供应商<b>Enphase能源</b>（纳斯达克：ENPH）、云数据库<b>MongoDB</b>（纳斯达克：MDB），药品制造商<b>康泰伦特公司。</b>（纽约证券交易所代码：CTLT）和软件开发商<b>Zendesk公司。</b>（纽约证券交易所代码：ZEN）。</blockquote></p><p> Had you invested $1,400 in the fund five years ago, you'd have more than $3,000 today. Its 0.05% expense ratio translates to fees of $0.70 on a $1,400 investment.</p><p><blockquote>如果您五年前向该基金投资1,400美元，那么今天您将拥有超过3,000美元。其0.05%的费用率意味着1,400美元投资的费用为0.70美元。</blockquote></p><p> <b>4. Vanguard FTSE Emerging Markets ETF (VWO)</b></p><p><blockquote><b>4.先锋富时新兴市场ETF(VWO)</b></blockquote></p><p> You know how we said past performance isn't an indicator of future results? Well, had you invested $1,400 in the<b>Vanguard FTSE Emerging Markets ETF</b>(NYSEMKT:VWO)five years ago, you wouldn't have doubled your money. You'd have just over $2,500 today.</p><p><blockquote>你知道我们说过过去的表现不能代表未来的结果吗？你有没有投资1400美元<b>先锋富时新兴市场ETF</b>(NYSEMKT：VWO)五年前，你的钱不会翻倍。你今天会有2500多美元。</blockquote></p><p> The fund invests in more than 5,000 stocks across 23 developing nations, including China, Taiwan, India, Brazil, and South Africa. Its expense ratio is 0.1%, slightly higher than the other funds on this list -- but still just $1.40 of a $1,400 investment.</p><p><blockquote>该基金投资于23个发展中国家的5,000多只股票，包括中国、台湾、印度、巴西和南非。其费用率为0.1%，略高于此列表中的其他基金，但仍仅为1,400美元投资中的1.40美元。</blockquote></p><p> Investing in emerging markets can be risky because there's often political instability and less regulation. But consider that about 85% of the world's population lives in emerging market countries. If you're taking a long-term focus, investing in an emerging markets fund like the VWO offers serious growth potential for your third stimulus check.</p><p><blockquote>投资新兴市场可能存在风险，因为那里往往政治不稳定且监管较少。但考虑到全球约85%的人口生活在新兴市场国家。如果您着眼于长期，投资像VWO这样的新兴市场基金可以为您的第三次刺激计划提供巨大的增长潜力。</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>4 Vanguard ETFs That Can Double Your $1,400 Stimulus Check<blockquote>4只Vanguard ETF可让您的1,400美元刺激支票翻倍</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\">\n4 Vanguard ETFs That Can Double Your $1,400 Stimulus Check<blockquote>4只Vanguard ETF可让您的1,400美元刺激支票翻倍</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Motley Fool</strong><span class=\"h-time small\">2021-03-15 18:29</span>\n</p>\n</h4>\n</header>\n<article>\n<p>If a $1,400 stimulus check is headed your way, investing that money in an exchange-traded fund (ETF) could pay off big time. Instead of buying a few different stocks, with anETFyou can invest in hundreds of companies. Vanguard ETFs are a smart pick because the fees are incredibly low.</p><p><blockquote>如果您收到1,400美元的刺激支票，将这笔钱投资于交易所交易基金(ETF)可能会获得丰厚回报。通过NETF，您可以投资数百家公司，而不是购买几只不同的股票。Vanguard ETF是一个明智的选择，因为费用非常低。</blockquote></p><p> Of course, not everyone should invest their stimulus money. You should only do so if you have anemergency fund, you're current on bills, and you don't have high-interest debt. Also keep in mind that past performance doesn't guarantee future results. But if you can afford to invest and you want the potential to double your stimulus money, check out these four Vanguard ETFs.</p><p><blockquote>当然，并不是每个人都应该投资刺激资金。只有当您有应急基金、当前有账单并且没有高息债务时，您才应该这样做。还要记住，过去的表现并不能保证未来的结果。但如果您有能力投资并且希望刺激资金翻倍，请查看这四只Vanguard ETF。</blockquote></p><p> <b>1. Vanguard S&amp;P 500 ETF (VOO)</b></p><p><blockquote><b>1.先锋标普500 ETF(VOO)</b></blockquote></p><p> If you invest $1,400 in the<b>Vanguard S&amp;P 500 ETF</b>(NYSEMKT:VOO)and leave it there for a long stretch, you're practically guaranteed to make money. The fund tracks the<b>S&amp;P 500</b>index, which measures the performance of 500 of the largest companies in America. Buying an S&amp;P 500 ETF makes you an automatic investor in those 500 companies, including<b>Apple</b>(NASDAQ:AAPL),<b>Amazon</b>(NASDAQ:AMZN),<b>Tesla</b>(NASDAQ:TSLA), and<b>Walt Disney Co.</b>(NYSE:DIS). If you'd invested money at any point in the S&amp;P 500's history, never once would you have lost money had you kept it invested for 20 years.</p><p><blockquote>如果您投资1,400美元<b>先锋标普500 ETF</b>（NYSEMKT：VOO）如果你把它放在那里很长一段时间，你几乎肯定会赚钱。该基金跟踪<b>标普500</b>指数，衡量美国500家最大公司的业绩。购买标普500 ETF会让您自动成为这500家公司的投资者，包括<b>苹果</b>（纳斯达克：AAPL），<b>亚马逊</b>（纳斯达克：AMZN），<b>特斯拉</b>（纳斯达克：TSLA），以及<b>华特·迪斯尼公司。</b>（纽约证券交易所代码：DIS）。如果你在标普500历史上的任何时候投资过钱，如果你坚持投资20年，你就永远不会赔钱。</blockquote></p><p> The VOO has an expense ratio of 0.03%. In other words, just 0.03% of your investment goes toward fees, which translates to $0.42 for a $1,400 investment. Had you invested $1,400 in the VOO in March 2016, you'd have just over $3,000 today.</p><p><blockquote>VOO的费用率为0.03%。换句话说，您的投资中只有0.03%用于费用，即1,400美元的投资为0.42美元。如果您在2016年3月向VOO投资了1,400美元，那么今天您的资金将略高于3,000美元。</blockquote></p><p> <b>2. Vanguard Growth ETF (VUG)</b></p><p><blockquote><b>2.先锋成长ETF(VUG)</b></blockquote></p><p> The<b>Vanguard Growth Fund ETF</b>(NYSEMKT:VUG)is a solid way to invest your stimulus check if you're OK with more risk in exchange for higher returns. It tracks an index called the<b>CRSP U.S. Large Cap Growth Index</b>, which is very similar to the S&amp;P 500 screened to focus on 257 stocks identified asgrowth stocks. Essentially, you're investing in the faster-growing half of the S&amp;P 500. With a 0.04% expense ratio, your fees would only eat up $0.56 of your stimulus check.</p><p><blockquote>The<b>先锋成长基金ETF</b>（NYSEMKT：VUG）是投资刺激支票的可靠方式，如果您愿意承担更多风险以换取更高回报。它跟踪一个名为<b>CRSP美国大盘成长指数</b>，这与标普500筛选重点关注257只被确定为成长型股票的股票非常相似。从本质上讲，您投资的是增长更快的一半标普500。如果费用率为0.04%，您的费用只会消耗刺激支票的0.56美元。</blockquote></p><p> Not surprisingly, the VUG is more heavily concentrated in the tech sector compared to S&amp;P 500 funds. Tech stocks account for 47% of its holdings versus 27.8% for the VOO. A $1,400 investment in the VUG made five years ago would today be worth over $3,600. However, tech stocks that have soared in the past year have been cooling off recently. Temper your expectations if you're seeking huge returns immediately.</p><p><blockquote>毫不奇怪，与标普500基金相比，VUG更集中在科技行业。科技股占其持股的47%，而VOO的持股比例为27.8%。五年前对VUG的1,400美元投资如今价值超过3,600美元。然而，过去一年飙升的科技股最近却在降温。如果您想立即寻求巨额回报，请降低您的期望。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/f236b494475214fb7e9a992442f31213\" tg-width=\"720\" tg-height=\"502\"><b>3. Vanguard Small-Cap ETF (VB)</b></p><p><blockquote><b>3.先锋小盘ETF(VB)</b></blockquote></p><p> Investing insmall-cap stocks, typically defined as those with a market capitalization between $300 million and $2 billion, is another way to earn greater returns if you're comfortable with more risk. You have the potential to invest in a future giant while it's still small, but these often young companies have a higher risk of failing.</p><p><blockquote>如果您愿意承担更多风险，投资小盘股（通常定义为市值在3亿至20亿美元之间的股票）是赚取更大回报的另一种方式。当一家未来的巨头还很小的时候，你有潜力投资它，但这些通常年轻的公司有更高的失败风险。</blockquote></p><p> <b>Vanguard's Small-Cap ETF</b>(NYSEMKT:VB)allows you to invest in 1,426 stocks of smaller companies -- though many aren't exactly small caps, given that the median market cap is $5.9 billion. Its five largest holdings are fuel cell company<b>Plug Power Inc.</b>(NASDAQ:PLUG), solar power supplier<b>Enphase Energy</b>(NASDAQ:ENPH), cloud database<b>MongoDB</b>(NASDAQ:MDB), drug manufacturer<b>Catalent Inc.</b>(NYSE:CTLT), and software developer<b>Zendesk Inc.</b>(NYSE:ZEN).</p><p><blockquote><b>先锋集团的小盘股ETF</b>(NYSEMKT：VB)允许您投资1,426只小型公司的股票，尽管考虑到市值中位数为59亿美元，许多股票并不完全是小盘股。其前五大持股均为燃料电池公司<b>普拉格能源公司。</b>（纳斯达克：PLUG），太阳能电源供应商<b>Enphase能源</b>（纳斯达克：ENPH）、云数据库<b>MongoDB</b>（纳斯达克：MDB），药品制造商<b>康泰伦特公司。</b>（纽约证券交易所代码：CTLT）和软件开发商<b>Zendesk公司。</b>（纽约证券交易所代码：ZEN）。</blockquote></p><p> Had you invested $1,400 in the fund five years ago, you'd have more than $3,000 today. Its 0.05% expense ratio translates to fees of $0.70 on a $1,400 investment.</p><p><blockquote>如果您五年前向该基金投资1,400美元，那么今天您将拥有超过3,000美元。其0.05%的费用率意味着1,400美元投资的费用为0.70美元。</blockquote></p><p> <b>4. Vanguard FTSE Emerging Markets ETF (VWO)</b></p><p><blockquote><b>4.先锋富时新兴市场ETF(VWO)</b></blockquote></p><p> You know how we said past performance isn't an indicator of future results? Well, had you invested $1,400 in the<b>Vanguard FTSE Emerging Markets ETF</b>(NYSEMKT:VWO)five years ago, you wouldn't have doubled your money. You'd have just over $2,500 today.</p><p><blockquote>你知道我们说过过去的表现不能代表未来的结果吗？你有没有投资1400美元<b>先锋富时新兴市场ETF</b>(NYSEMKT：VWO)五年前，你的钱不会翻倍。你今天会有2500多美元。</blockquote></p><p> The fund invests in more than 5,000 stocks across 23 developing nations, including China, Taiwan, India, Brazil, and South Africa. Its expense ratio is 0.1%, slightly higher than the other funds on this list -- but still just $1.40 of a $1,400 investment.</p><p><blockquote>该基金投资于23个发展中国家的5,000多只股票，包括中国、台湾、印度、巴西和南非。其费用率为0.1%，略高于此列表中的其他基金，但仍仅为1,400美元投资中的1.40美元。</blockquote></p><p> Investing in emerging markets can be risky because there's often political instability and less regulation. But consider that about 85% of the world's population lives in emerging market countries. If you're taking a long-term focus, investing in an emerging markets fund like the VWO offers serious growth potential for your third stimulus check.</p><p><blockquote>投资新兴市场可能存在风险，因为那里往往政治不稳定且监管较少。但考虑到全球约85%的人口生活在新兴市场国家。如果您着眼于长期，投资像VWO这样的新兴市场基金可以为您的第三次刺激计划提供巨大的增长潜力。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.fool.com/investing/2021/03/15/4-vanguard-etfs-that-can-double-your-1400-stimulus/\">Motley Fool</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.fool.com/investing/2021/03/15/4-vanguard-etfs-that-can-double-your-1400-stimulus/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1192661500","content_text":"If a $1,400 stimulus check is headed your way, investing that money in an exchange-traded fund (ETF) could pay off big time. Instead of buying a few different stocks, with anETFyou can invest in hundreds of companies. Vanguard ETFs are a smart pick because the fees are incredibly low.\nOf course, not everyone should invest their stimulus money. You should only do so if you have anemergency fund, you're current on bills, and you don't have high-interest debt. Also keep in mind that past performance doesn't guarantee future results. But if you can afford to invest and you want the potential to double your stimulus money, check out these four Vanguard ETFs.\n1. Vanguard S&P 500 ETF (VOO)\nIf you invest $1,400 in theVanguard S&P 500 ETF(NYSEMKT:VOO)and leave it there for a long stretch, you're practically guaranteed to make money. The fund tracks theS&P 500index, which measures the performance of 500 of the largest companies in America. Buying an S&P 500 ETF makes you an automatic investor in those 500 companies, includingApple(NASDAQ:AAPL),Amazon(NASDAQ:AMZN),Tesla(NASDAQ:TSLA), andWalt Disney Co.(NYSE:DIS). If you'd invested money at any point in the S&P 500's history, never once would you have lost money had you kept it invested for 20 years.\nThe VOO has an expense ratio of 0.03%. In other words, just 0.03% of your investment goes toward fees, which translates to $0.42 for a $1,400 investment. Had you invested $1,400 in the VOO in March 2016, you'd have just over $3,000 today.\n2. Vanguard Growth ETF (VUG)\nTheVanguard Growth Fund ETF(NYSEMKT:VUG)is a solid way to invest your stimulus check if you're OK with more risk in exchange for higher returns. It tracks an index called theCRSP U.S. Large Cap Growth Index, which is very similar to the S&P 500 screened to focus on 257 stocks identified asgrowth stocks. Essentially, you're investing in the faster-growing half of the S&P 500. With a 0.04% expense ratio, your fees would only eat up $0.56 of your stimulus check.\nNot surprisingly, the VUG is more heavily concentrated in the tech sector compared to S&P 500 funds. Tech stocks account for 47% of its holdings versus 27.8% for the VOO. A $1,400 investment in the VUG made five years ago would today be worth over $3,600. However, tech stocks that have soared in the past year have been cooling off recently. Temper your expectations if you're seeking huge returns immediately.\n3. Vanguard Small-Cap ETF (VB)\nInvesting insmall-cap stocks, typically defined as those with a market capitalization between $300 million and $2 billion, is another way to earn greater returns if you're comfortable with more risk. You have the potential to invest in a future giant while it's still small, but these often young companies have a higher risk of failing.\nVanguard's Small-Cap ETF(NYSEMKT:VB)allows you to invest in 1,426 stocks of smaller companies -- though many aren't exactly small caps, given that the median market cap is $5.9 billion. Its five largest holdings are fuel cell companyPlug Power Inc.(NASDAQ:PLUG), solar power supplierEnphase Energy(NASDAQ:ENPH), cloud databaseMongoDB(NASDAQ:MDB), drug manufacturerCatalent Inc.(NYSE:CTLT), and software developerZendesk Inc.(NYSE:ZEN).\nHad you invested $1,400 in the fund five years ago, you'd have more than $3,000 today. Its 0.05% expense ratio translates to fees of $0.70 on a $1,400 investment.\n4. Vanguard FTSE Emerging Markets ETF (VWO)\nYou know how we said past performance isn't an indicator of future results? Well, had you invested $1,400 in theVanguard FTSE Emerging Markets ETF(NYSEMKT:VWO)five years ago, you wouldn't have doubled your money. You'd have just over $2,500 today.\nThe fund invests in more than 5,000 stocks across 23 developing nations, including China, Taiwan, India, Brazil, and South Africa. Its expense ratio is 0.1%, slightly higher than the other funds on this list -- but still just $1.40 of a $1,400 investment.\nInvesting in emerging markets can be risky because there's often political instability and less regulation. But consider that about 85% of the world's population lives in emerging market countries. If you're taking a long-term focus, investing in an emerging markets fund like the VWO offers serious growth potential for your third stimulus check.","news_type":1,"symbols_score_info":{}},"isVote":1,"tweetType":1,"viewCount":348,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":328674408,"gmtCreate":1615525342304,"gmtModify":1703490435993,"author":{"id":"3572498650193459","authorId":"3572498650193459","name":"ProLim","avatar":"https://static.tigerbbs.com/6eca4831f468b79e30513dff47109ae3","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3572498650193459","idStr":"3572498650193459"},"themes":[],"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/328674408","repostId":"1144029837","repostType":4,"repost":{"id":"1144029837","kind":"news","pubTimestamp":1615513990,"share":"https://www.laohu8.com/m/news/1144029837?lang=zh_CN&edition=full","pubTime":"2021-03-12 09:53","market":"sg","language":"en","title":"The Nasdaq's Back, and These 3 Stocks Are Flying High Again<blockquote>纳斯达克回来了，这3只股票又高飞了</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1144029837","media":"Nasdaq","summary":"The stock market has been going through a lot of volatility lately, and theNasdaq Composite(NASDAQIN","content":"<p>The stock market has been going through a lot of volatility lately, and the<b>Nasdaq Composite</b>(NASDAQINDEX: ^IXIC)has found itself on the short end of the stick. Yet on Thursday, the Nasdaq is holding its own again. In fact, as of 1:45 p.m. EST today, the growth-stock benchmark had managed to gain more than 2.5%, leading the rest of the market higher.</p><p><blockquote>股市最近经历了很大的波动，<b>纳斯达克复合材料</b>（纳斯达克指数：^IXIC）发现自己处于劣势。然而周四，纳斯达克又坚持了下来。事实上，截至下午1:45美国东部时间今天，成长型股票基准涨幅超过2.5%，引领市场其他股票走高。</blockquote></p><p>A lot of well-knowngrowth stockshave taken a lot of punishment in recent weeks, as investors suffered a crisis of confidence in the prospects for many promising companies. On Thursday, though, things seemed to be turning around. In particular, shares of<b><a href=\"https://laohu8.com/S/MELI\">MercadoLibre</a></b>(NASDAQ: MELI),<b>Okta</b>(NASDAQ: OKTA), and<b><a href=\"https://laohu8.com/S/PYPL\">PayPal</a> Holdings</b>(NASDAQ: PYPL)are outpacing the Nasdaq's gains and aiming to bounce back fully from their setbacks in late February and earlier this month.</p><p><blockquote>最近几周，许多知名成长型股票受到了很大的惩罚，因为投资者对许多有前途的公司的前景遭遇了信心危机。然而，周四，情况似乎有所好转。特别是，<b><a href=\"https://laohu8.com/S/MELI\">自由市场</a></b>（纳斯达克：MELI），<b>奥克塔</b>（纳斯达克：OKTA），以及<b><a href=\"https://laohu8.com/S/PYPL\">PayPal</a>控股</b>（纳斯达克：PYPL）的涨幅超过了纳斯达克，并计划从二月底和本月初的挫折中全面反弹。</blockquote></p><p><b>MercadoLibre's back in business</b></p><p><blockquote><b>MercadoLibre重新开业</b></blockquote></p><p>Less than a week ago, shares of MercadoLibre were down as much as 30% from their highs from earlier this year. Yet they've bounced back considerably, with today's nearly 10% gain helping to claw back lost ground.</p><p><blockquote>不到一周前，MercadoLibre的股价较今年早些时候的高点下跌了30%。然而，它们已经大幅反弹，今天近10%的涨幅有助于收复失地。</blockquote></p><p>The Latin American e-commerce specialist got a vote of confidence from analysts at BTIG on Thursday. They upgraded the stock from neutral to buy and set a price target of $1,720 per share. That provides MercadoLibre with additional upside of another 10% even from this afternoon's elevated price levels.</p><p><blockquote>周四，这位拉丁美洲电子商务专家获得了BTIG分析师的信任票。他们将该股评级从中性上调至买入，并将目标价定为每股1720美元。即使在今天下午较高的价格水平上，这也为MercadoLibre提供了10%的额外上涨空间。</blockquote></p><p>BTIG likes the strategy that MercadoLibre has been following, especially given the way that it has been able to add in ancillary services to its core e-commerce marketplace. The Mercado Pago payment network has been a hit all on its own, and it's generating considerable traffic from outside the MercadoLibre ecosystem. It also appears that the company is gaining market share overall from other players in the key Brazilian market.</p><p><blockquote>BTIG喜欢MercadoLibre一直遵循的战略，特别是考虑到它能够在其核心电子商务市场中添加辅助服务的方式。Mercado Pago支付网络本身就大受欢迎，它从MercadoLibre生态系统之外产生了大量流量。该公司似乎也正在从巴西主要市场的其他参与者那里获得整体市场份额。</blockquote></p><p><b>Investors might like Okta's big buy after all</b></p><p><blockquote><b>毕竟投资者可能会喜欢Okta的大举买入</b></blockquote></p><p>Shares of Okta were up 8%, continuing an advance that has taken the cyber-identity specialist's stock up about 20% from its recent lows. The stock was down as much as 30%, but fundamentally, Okta looks like it's doing things right.</p><p><blockquote>Okta股价上涨8%，继续上涨，使这家网络身份专家的股价较近期低点上涨约20%。该股下跌了30%，但从根本上说，Okta看起来做得很好。</blockquote></p><p>The company originally lost ground when it reported fourth-quarter financial results last week. Despite year-over-year revenue gains of 40% and a modest profit for the period, investors weren't sure how to take guidance that suggested somewhat slower revenue growth and a possible loss.</p><p><blockquote>该公司在上周公布第四季度财务业绩时最初下跌。尽管该期间收入同比增长40%且利润不大，但投资者不确定如何接受暗示收入增长放缓和可能亏损的指引。</blockquote></p><p>Also raising a few questions wasOkta's $6.5 billion acquisition bidfor privately held Auth0, which focuses on customer identity management. That's a growth area, and some have said that the Auth0 product actually has some advantages over Okta's competing offering that made a buyout a win-win for Okta. Yet when the market was losing faith in growth stocks, it seemed like an ill-timed foray.</p><p><blockquote>Sokta以65亿美元收购专注于客户身份管理的私营Auth0也引发了一些问题。这是一个增长领域，有人说Auth0产品实际上比Okta的竞争产品有一些优势，这使得收购对Okta来说是双赢的。然而，当市场对成长型股票失去信心时，这似乎是一次不合时宜的尝试。</blockquote></p><p>It's clear, though, that Okta isn't going to have any shortage of clients looking for identity verification services. That awareness is lifting the stock once again, and it could help build more momentum for Okta in the long run.</p><p><blockquote>不过，很明显，Okta不会缺少寻求身份验证服务的客户。这种意识再次提振了该股，从长远来看，它可能有助于为Okta建立更多动力。</blockquote></p><p><b>Paying the piper</b></p><p><blockquote><b>付钱给风笛手</b></blockquote></p><p>Lastly, shares of PayPal Holdings gained about 5%. The payment network specialist has taken a 25% hit, but it's rising on a number of strategic moves.</p><p><blockquote>最后，PayPal控股股价上涨约5%。这家支付网络专家遭受了25%的打击，但通过一系列战略举措，其业绩正在上升。</blockquote></p><p>First,PayPal recently finalized its agreement to buy Curv, a cryptocurrency security company. Crypto has been a big business for PayPal since late last year, when it started offering select tokens through its app. With crypto prices back near record levels, investors are excited about the potential for PayPal to keep competing effectively in the space.</p><p><blockquote>首先，PayPal最近敲定了收购加密货币安全公司Curv的协议。自去年年底开始通过其应用程序提供精选代币以来，加密货币一直是PayPal的一项大业务。随着加密货币价格回到创纪录水平附近，投资者对PayPal在该领域保持有效竞争的潜力感到兴奋。</blockquote></p><p>Meanwhile, PayPal has also embraced efforts to allow customers to make purchases using short-term installment plans, breaking up purchase prices into four payments. PayPal'sPay in 4service isn't the only <a href=\"https://laohu8.com/S/AONE.U\">one</a> in the business, but it represents the company's competitive entry into the space. Together, all these factors are making people feel good about PayPal once again.</p><p><blockquote>与此同时，PayPal还努力允许客户使用短期分期付款计划进行购买，将购买价格分为四次付款。PayPal在4service中的薪资并不是唯一的<a href=\"https://laohu8.com/S/AONE.U\">一</a>在业务中，但它代表了公司进入该领域的竞争力。所有这些因素加在一起，让人们再次对PayPal感到良好。</blockquote></p><p><b>Ride the wave</b></p><p><blockquote><b>乘风破浪</b></blockquote></p><p>Volatility is hard to endure, but selling at lows rarely works out. The recent gains in PayPal, Okta, and MercadoLibre show that strong businesses can bounce back from adversity and reward shareholders who stay the course.</p><p><blockquote>波动很难忍受，但在低点卖出很少奏效。PayPal、Okta和MercadoLibre最近的上涨表明，强大的企业可以从逆境中反弹，并奖励坚持到底的股东。</blockquote></p><p></p>","source":"lsy1603171495471","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>The Nasdaq's Back, and These 3 Stocks Are Flying High Again<blockquote>纳斯达克回来了，这3只股票又高飞了</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nThe Nasdaq's Back, and These 3 Stocks Are Flying High Again<blockquote>纳斯达克回来了，这3只股票又高飞了</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Nasdaq</strong><span class=\"h-time small\">2021-03-12 09:53</span>\n</p>\n</h4>\n</header>\n<article>\n<p>The stock market has been going through a lot of volatility lately, and the<b>Nasdaq Composite</b>(NASDAQINDEX: ^IXIC)has found itself on the short end of the stick. Yet on Thursday, the Nasdaq is holding its own again. In fact, as of 1:45 p.m. EST today, the growth-stock benchmark had managed to gain more than 2.5%, leading the rest of the market higher.</p><p><blockquote>股市最近经历了很大的波动，<b>纳斯达克复合材料</b>（纳斯达克指数：^IXIC）发现自己处于劣势。然而周四，纳斯达克又坚持了下来。事实上，截至下午1:45美国东部时间今天，成长型股票基准涨幅超过2.5%，引领市场其他股票走高。</blockquote></p><p>A lot of well-knowngrowth stockshave taken a lot of punishment in recent weeks, as investors suffered a crisis of confidence in the prospects for many promising companies. On Thursday, though, things seemed to be turning around. In particular, shares of<b><a href=\"https://laohu8.com/S/MELI\">MercadoLibre</a></b>(NASDAQ: MELI),<b>Okta</b>(NASDAQ: OKTA), and<b><a href=\"https://laohu8.com/S/PYPL\">PayPal</a> Holdings</b>(NASDAQ: PYPL)are outpacing the Nasdaq's gains and aiming to bounce back fully from their setbacks in late February and earlier this month.</p><p><blockquote>最近几周，许多知名成长型股票受到了很大的惩罚，因为投资者对许多有前途的公司的前景遭遇了信心危机。然而，周四，情况似乎有所好转。特别是，<b><a href=\"https://laohu8.com/S/MELI\">自由市场</a></b>（纳斯达克：MELI），<b>奥克塔</b>（纳斯达克：OKTA），以及<b><a href=\"https://laohu8.com/S/PYPL\">PayPal</a>控股</b>（纳斯达克：PYPL）的涨幅超过了纳斯达克，并计划从二月底和本月初的挫折中全面反弹。</blockquote></p><p><b>MercadoLibre's back in business</b></p><p><blockquote><b>MercadoLibre重新开业</b></blockquote></p><p>Less than a week ago, shares of MercadoLibre were down as much as 30% from their highs from earlier this year. Yet they've bounced back considerably, with today's nearly 10% gain helping to claw back lost ground.</p><p><blockquote>不到一周前，MercadoLibre的股价较今年早些时候的高点下跌了30%。然而，它们已经大幅反弹，今天近10%的涨幅有助于收复失地。</blockquote></p><p>The Latin American e-commerce specialist got a vote of confidence from analysts at BTIG on Thursday. They upgraded the stock from neutral to buy and set a price target of $1,720 per share. That provides MercadoLibre with additional upside of another 10% even from this afternoon's elevated price levels.</p><p><blockquote>周四，这位拉丁美洲电子商务专家获得了BTIG分析师的信任票。他们将该股评级从中性上调至买入，并将目标价定为每股1720美元。即使在今天下午较高的价格水平上，这也为MercadoLibre提供了10%的额外上涨空间。</blockquote></p><p>BTIG likes the strategy that MercadoLibre has been following, especially given the way that it has been able to add in ancillary services to its core e-commerce marketplace. The Mercado Pago payment network has been a hit all on its own, and it's generating considerable traffic from outside the MercadoLibre ecosystem. It also appears that the company is gaining market share overall from other players in the key Brazilian market.</p><p><blockquote>BTIG喜欢MercadoLibre一直遵循的战略，特别是考虑到它能够在其核心电子商务市场中添加辅助服务的方式。Mercado Pago支付网络本身就大受欢迎，它从MercadoLibre生态系统之外产生了大量流量。该公司似乎也正在从巴西主要市场的其他参与者那里获得整体市场份额。</blockquote></p><p><b>Investors might like Okta's big buy after all</b></p><p><blockquote><b>毕竟投资者可能会喜欢Okta的大举买入</b></blockquote></p><p>Shares of Okta were up 8%, continuing an advance that has taken the cyber-identity specialist's stock up about 20% from its recent lows. The stock was down as much as 30%, but fundamentally, Okta looks like it's doing things right.</p><p><blockquote>Okta股价上涨8%，继续上涨，使这家网络身份专家的股价较近期低点上涨约20%。该股下跌了30%，但从根本上说，Okta看起来做得很好。</blockquote></p><p>The company originally lost ground when it reported fourth-quarter financial results last week. Despite year-over-year revenue gains of 40% and a modest profit for the period, investors weren't sure how to take guidance that suggested somewhat slower revenue growth and a possible loss.</p><p><blockquote>该公司在上周公布第四季度财务业绩时最初下跌。尽管该期间收入同比增长40%且利润不大，但投资者不确定如何接受暗示收入增长放缓和可能亏损的指引。</blockquote></p><p>Also raising a few questions wasOkta's $6.5 billion acquisition bidfor privately held Auth0, which focuses on customer identity management. That's a growth area, and some have said that the Auth0 product actually has some advantages over Okta's competing offering that made a buyout a win-win for Okta. Yet when the market was losing faith in growth stocks, it seemed like an ill-timed foray.</p><p><blockquote>Sokta以65亿美元收购专注于客户身份管理的私营Auth0也引发了一些问题。这是一个增长领域，有人说Auth0产品实际上比Okta的竞争产品有一些优势，这使得收购对Okta来说是双赢的。然而，当市场对成长型股票失去信心时，这似乎是一次不合时宜的尝试。</blockquote></p><p>It's clear, though, that Okta isn't going to have any shortage of clients looking for identity verification services. That awareness is lifting the stock once again, and it could help build more momentum for Okta in the long run.</p><p><blockquote>不过，很明显，Okta不会缺少寻求身份验证服务的客户。这种意识再次提振了该股，从长远来看，它可能有助于为Okta建立更多动力。</blockquote></p><p><b>Paying the piper</b></p><p><blockquote><b>付钱给风笛手</b></blockquote></p><p>Lastly, shares of PayPal Holdings gained about 5%. The payment network specialist has taken a 25% hit, but it's rising on a number of strategic moves.</p><p><blockquote>最后，PayPal控股股价上涨约5%。这家支付网络专家遭受了25%的打击，但通过一系列战略举措，其业绩正在上升。</blockquote></p><p>First,PayPal recently finalized its agreement to buy Curv, a cryptocurrency security company. Crypto has been a big business for PayPal since late last year, when it started offering select tokens through its app. With crypto prices back near record levels, investors are excited about the potential for PayPal to keep competing effectively in the space.</p><p><blockquote>首先，PayPal最近敲定了收购加密货币安全公司Curv的协议。自去年年底开始通过其应用程序提供精选代币以来，加密货币一直是PayPal的一项大业务。随着加密货币价格回到创纪录水平附近，投资者对PayPal在该领域保持有效竞争的潜力感到兴奋。</blockquote></p><p>Meanwhile, PayPal has also embraced efforts to allow customers to make purchases using short-term installment plans, breaking up purchase prices into four payments. PayPal'sPay in 4service isn't the only <a href=\"https://laohu8.com/S/AONE.U\">one</a> in the business, but it represents the company's competitive entry into the space. Together, all these factors are making people feel good about PayPal once again.</p><p><blockquote>与此同时，PayPal还努力允许客户使用短期分期付款计划进行购买，将购买价格分为四次付款。PayPal在4service中的薪资并不是唯一的<a href=\"https://laohu8.com/S/AONE.U\">一</a>在业务中，但它代表了公司进入该领域的竞争力。所有这些因素加在一起，让人们再次对PayPal感到良好。</blockquote></p><p><b>Ride the wave</b></p><p><blockquote><b>乘风破浪</b></blockquote></p><p>Volatility is hard to endure, but selling at lows rarely works out. The recent gains in PayPal, Okta, and MercadoLibre show that strong businesses can bounce back from adversity and reward shareholders who stay the course.</p><p><blockquote>波动很难忍受，但在低点卖出很少奏效。PayPal、Okta和MercadoLibre最近的上涨表明，强大的企业可以从逆境中反弹，并奖励坚持到底的股东。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.nasdaq.com/articles/the-nasdaqs-back-and-these-3-stocks-are-flying-high-again-2021-03-11\">Nasdaq</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":{"PYPL":"PayPal","MELI":"MercadoLibre","OKTA":"Okta Inc."},"source_url":"https://www.nasdaq.com/articles/the-nasdaqs-back-and-these-3-stocks-are-flying-high-again-2021-03-11","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1144029837","content_text":"The stock market has been going through a lot of volatility lately, and theNasdaq Composite(NASDAQINDEX: ^IXIC)has found itself on the short end of the stick. Yet on Thursday, the Nasdaq is holding its own again. In fact, as of 1:45 p.m. EST today, the growth-stock benchmark had managed to gain more than 2.5%, leading the rest of the market higher.A lot of well-knowngrowth stockshave taken a lot of punishment in recent weeks, as investors suffered a crisis of confidence in the prospects for many promising companies. On Thursday, though, things seemed to be turning around. In particular, shares ofMercadoLibre(NASDAQ: MELI),Okta(NASDAQ: OKTA), andPayPal Holdings(NASDAQ: PYPL)are outpacing the Nasdaq's gains and aiming to bounce back fully from their setbacks in late February and earlier this month.MercadoLibre's back in businessLess than a week ago, shares of MercadoLibre were down as much as 30% from their highs from earlier this year. Yet they've bounced back considerably, with today's nearly 10% gain helping to claw back lost ground.The Latin American e-commerce specialist got a vote of confidence from analysts at BTIG on Thursday. They upgraded the stock from neutral to buy and set a price target of $1,720 per share. That provides MercadoLibre with additional upside of another 10% even from this afternoon's elevated price levels.BTIG likes the strategy that MercadoLibre has been following, especially given the way that it has been able to add in ancillary services to its core e-commerce marketplace. The Mercado Pago payment network has been a hit all on its own, and it's generating considerable traffic from outside the MercadoLibre ecosystem. It also appears that the company is gaining market share overall from other players in the key Brazilian market.Investors might like Okta's big buy after allShares of Okta were up 8%, continuing an advance that has taken the cyber-identity specialist's stock up about 20% from its recent lows. The stock was down as much as 30%, but fundamentally, Okta looks like it's doing things right.The company originally lost ground when it reported fourth-quarter financial results last week. Despite year-over-year revenue gains of 40% and a modest profit for the period, investors weren't sure how to take guidance that suggested somewhat slower revenue growth and a possible loss.Also raising a few questions wasOkta's $6.5 billion acquisition bidfor privately held Auth0, which focuses on customer identity management. That's a growth area, and some have said that the Auth0 product actually has some advantages over Okta's competing offering that made a buyout a win-win for Okta. Yet when the market was losing faith in growth stocks, it seemed like an ill-timed foray.It's clear, though, that Okta isn't going to have any shortage of clients looking for identity verification services. That awareness is lifting the stock once again, and it could help build more momentum for Okta in the long run.Paying the piperLastly, shares of PayPal Holdings gained about 5%. The payment network specialist has taken a 25% hit, but it's rising on a number of strategic moves.First,PayPal recently finalized its agreement to buy Curv, a cryptocurrency security company. Crypto has been a big business for PayPal since late last year, when it started offering select tokens through its app. With crypto prices back near record levels, investors are excited about the potential for PayPal to keep competing effectively in the space.Meanwhile, PayPal has also embraced efforts to allow customers to make purchases using short-term installment plans, breaking up purchase prices into four payments. PayPal'sPay in 4service isn't the only one in the business, but it represents the company's competitive entry into the space. Together, all these factors are making people feel good about PayPal once again.Ride the waveVolatility is hard to endure, but selling at lows rarely works out. The recent gains in PayPal, Okta, and MercadoLibre show that strong businesses can bounce back from adversity and reward shareholders who stay the course.","news_type":1,"symbols_score_info":{"OKTA":0.9,"PYPL":0.9,"MELI":0.9}},"isVote":1,"tweetType":1,"viewCount":300,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":382338019,"gmtCreate":1613360635331,"gmtModify":1634553862639,"author":{"id":"3572498650193459","authorId":"3572498650193459","name":"ProLim","avatar":"https://static.tigerbbs.com/6eca4831f468b79e30513dff47109ae3","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3572498650193459","idStr":"3572498650193459"},"themes":[],"htmlText":"Go VOO!","listText":"Go VOO!","text":"Go VOO!","images":[{"img":"https://static.tigerbbs.com/7dcabac3cb0ee05322c00eb3a6e9ad63","width":"750","height":"2084"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/382338019","isVote":1,"tweetType":1,"viewCount":387,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":317670547,"gmtCreate":1612449001389,"gmtModify":1703762032711,"author":{"id":"3572498650193459","authorId":"3572498650193459","name":"ProLim","avatar":"https://static.tigerbbs.com/6eca4831f468b79e30513dff47109ae3","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3572498650193459","idStr":"3572498650193459"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/STPK\">$Star Peak Energy Transition(STPK)$</a>Great stock going all the way up!","listText":"<a href=\"https://laohu8.com/S/STPK\">$Star Peak Energy Transition(STPK)$</a>Great stock going all the way up!","text":"$Star Peak Energy Transition(STPK)$Great stock going all the way up!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/317670547","isVote":1,"tweetType":1,"viewCount":758,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":142649494,"gmtCreate":1626148545118,"gmtModify":1631888958096,"author":{"id":"3572498650193459","authorId":"3572498650193459","name":"ProLim","avatar":"https://static.tigerbbs.com/6eca4831f468b79e30513dff47109ae3","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3572498650193459","idStr":"3572498650193459"},"themes":[],"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/142649494","repostId":"1161408787","repostType":4,"repost":{"id":"1161408787","kind":"news","pubTimestamp":1626147401,"share":"https://www.laohu8.com/m/news/1161408787?lang=zh_CN&edition=full","pubTime":"2021-07-13 11:36","market":"us","language":"en","title":"Just 5% Of All Bitcoins In Circulation Have Traded In The Past Year<blockquote>去年，流通中的比特币中只有5%进行了交易</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1161408787","media":"zerohedge","summary":"In JPMorgan's latest weekly bitcoin hit piece (because for some \"inexplicable\" reason, JPMorgan exec","content":"<p>In JPMorgan's latest weekly bitcoin hit piece (because for some \"inexplicable\" reason, JPMorgan executive have instructed most of the bank's strategists, including those covering equity and rates, to slam the cryptocurrency on a weekly if not daily basis while the bank quietlybuilds out its own proprietary crypto fund, almost as if it is desperate to scare its clients into selling), the bank makes an interesting argument: bitcoin is not liquid enough to be successfully implemented as a legal tender in El Salvador.</p><p><blockquote>在摩根大通最新的每周比特币热门文章中（因为出于某种“莫名其妙”的原因，摩根大通高管指示该银行的大多数策略师，包括那些负责股票和利率的策略师，每周（如果不是每天）猛烈抨击加密货币，而该银行则悄悄地建立自己的专有加密货币基金，几乎就好像它不顾一切地吓唬客户抛售一样），该银行提出了一个有趣的论点：比特币的流动性不足以在萨尔瓦多成功实施为法定货币。</blockquote></p><p> We won't speak to the validity of JPM's argument - we will soon find out first hand whether or not El Salvador made a mistake in adopting bitcoin as legal tender - although it certainly is simple enough: “daily payment activity in El Salvador would represent ~4% of recent on-chain transaction volume and more than 1% of the total value of tokens which have been transferred between wallets in the past year,” the report said, with the illiquidity and nature of the volume “potentially a significant limitation on its potential as a medium of exchange.”</p><p><blockquote>我们不会谈论摩根大通论点的有效性——我们很快就会直接了解萨尔瓦多在采用比特币作为法定货币时是否犯了错误——尽管这肯定很简单：“萨尔瓦多的日常支付活动将占近期链上交易量的约4%，占过去一年钱包之间转移的代币总价值的1%以上，”该交易量的非流动性和性质“可能会严重限制其作为交换媒介的潜力。”</blockquote></p><p> Perhaps, then again in its brief history bitcoin has certainly demonstrated that it is remarkably scalable and viable even without a central bank propping it up every time there is even a modest risk-flaring hiccup, which is much more than we could ever say about the global stock market or currencies such as Europe's \"whatever it takes\" euro.</p><p><blockquote>或许，在其短暂的历史中，比特币无疑已经证明，即使每次出现轻微的风险爆发问题时，即使没有央行支持，它也具有非凡的可扩展性和可行性，这比我们对全球股市或欧洲“不惜一切代价”欧元等货币所能说的要多得多。</blockquote></p><p> Of course, JPMorgan - a bank that directly benefited form more than one multibilion bailout - will be the last to admit just how much sustainable the cryptocurrency has become, which is why we will ignore the bank's latest round of propaganda, but will point out an interesting fact unearthed by JPMorgan: it goes straight to the heart of the recurring argument why bitcoin is so volatile.</p><p><blockquote>当然，摩根大通——一家直接受益于超过10亿美元救助的银行——将是最后一家承认加密货币已经变得多么可持续的银行，这就是为什么我们将忽略该银行最新一轮的宣传，但将指出摩根大通发现的一个有趣事实：它直接触及了比特币为何如此不稳定的反复出现的论点的核心。</blockquote></p><p> The reason, as JPM has discovered, is that bitcoin's float may be as little as 5%, if not less. Discussing the daily trading volumes of bitcoin, JPM notes that a large fraction of Bitcoin are locked up in illiquid entities (liquidity sinks),<b>\"with more than 90% not changing hands in more than a year\" while roughly 80% - and rising - are held by wallets with light turnover.&nbsp; This means that a paltry 5-10% of all bitcoin in circulation has traded in the past year.</b></p><p><blockquote>摩根大通发现，原因是比特币的持股量可能只有5%，甚至更少。在讨论比特币的每日交易量时，摩根大通指出，很大一部分比特币被锁定在非流动性实体（流动性下沉）中，<b>“超过90%的股票在一年多的时间里没有易手”，而大约80%——而且还在上升——由成交量较少的钱包持有。这意味着，在过去一年中，流通中的比特币中只有微不足道的5-10%进行了交易。</b></blockquote></p><p> <img src=\"https://static.tigerbbs.com/ce30e31759284bfbf1d8923cb4149bfc\" tg-width=\"725\" tg-height=\"534\"></p><p><blockquote></blockquote></p><p> Another way of putting it:<b>an asset with a $600 billion market cap has a float of just $30 billion.</b>Which is remarkable as it means that<b>no whales</b>sold bitcoin when it hit its all time high of $65,000.<b>And if they didn't sell then, they certainly won't sell now when it's half that price.</b></p><p><blockquote>换一种说法：<b>一项市值6000亿美元的资产的流通量仅为300亿美元。</b>这很了不起，因为这意味着<b>没有鲸鱼</b>当比特币触及65,000美元的历史高点时出售。<b>如果他们当时不卖，现在价格是那个价格的一半，他们肯定不会卖。</b></blockquote></p><p> This, more than anything else, explains why bitcoin - an asset whose market cap was more than a $1 trillion as recently as April - is so extremely volatile: with the vast majority of bitcoin locked up or held by whale accounts who rarely if ever trade, the marginal price setter of bitcoin are odd lots - a burst of trading in fractions of a bitcoin, where the momentum in many cases is ignited and magnified by HFTs who then shape the movement of the crypto in hopes of hitting the max pain stop loss positions for other cryptos, and where as a result of such a unique trading environment, the price of bitcoin can swing 10%, 15% , or even 20% or more every day.</p><p><blockquote>这比其他任何事情都更能解释为什么比特币——一种截至4月份市值还超过1万亿澳元的资产——如此不稳定：绝大多数比特币被很少交易的鲸鱼账户锁定或持有，比特币的边际价格制定者是零星地段——比特币的一部分交易爆发，在许多情况下，这种势头被高频交易点燃和放大，然后他们塑造加密货币的走势，希望达到其他加密货币的最大痛苦止损头寸，由于这种独特的交易环境，比特币的价格每天可以波动10%、15%，甚至20%或更多。</blockquote></p><p> The question we have is during liquidation pukes like the one observed recently, how much of the newly released bitcoin are gobbled up by existing or new whales. Judging by the gray line in the chart above, the answer is a record amount.</p><p><blockquote>我们面临的问题是，在像最近观察到的清算呕吐中，有多少新释放的比特币被现有的或新的鲸鱼吞噬了。从上图中的灰线来看，答案是创纪录的金额。</blockquote></p><p> Which means that we are now in the<i>\"weak hands\" shake out and whale accumulation</i>phase. And once the new generation of whales has bought enough, that's when the next squeeze higher will take place, sending the crypto currency and its peers to fresh all time highs. Because if there is one thing that is very easy to do with an asset whose float is as low as bitcoin's, it is to manipulate it as a handful of big players want.</p><p><blockquote>这意味着我们现在处于<i>“弱手”抖出鲸鱼积累</i>阶段。一旦新一代鲸鱼购买了足够多的东西，下一次挤压就会发生，将加密货币及其同行推至历史新高。因为如果有一件事对一个流通量像比特币一样低的资产来说是非常容易做的，那就是按照少数大玩家的意愿操纵它。</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>Just 5% Of All Bitcoins In Circulation Have Traded In The Past Year<blockquote>去年，流通中的比特币中只有5%进行了交易</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\">\nJust 5% Of All Bitcoins In Circulation Have Traded In The Past Year<blockquote>去年，流通中的比特币中只有5%进行了交易</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">zerohedge</strong><span class=\"h-time small\">2021-07-13 11:36</span>\n</p>\n</h4>\n</header>\n<article>\n<p>In JPMorgan's latest weekly bitcoin hit piece (because for some \"inexplicable\" reason, JPMorgan executive have instructed most of the bank's strategists, including those covering equity and rates, to slam the cryptocurrency on a weekly if not daily basis while the bank quietlybuilds out its own proprietary crypto fund, almost as if it is desperate to scare its clients into selling), the bank makes an interesting argument: bitcoin is not liquid enough to be successfully implemented as a legal tender in El Salvador.</p><p><blockquote>在摩根大通最新的每周比特币热门文章中（因为出于某种“莫名其妙”的原因，摩根大通高管指示该银行的大多数策略师，包括那些负责股票和利率的策略师，每周（如果不是每天）猛烈抨击加密货币，而该银行则悄悄地建立自己的专有加密货币基金，几乎就好像它不顾一切地吓唬客户抛售一样），该银行提出了一个有趣的论点：比特币的流动性不足以在萨尔瓦多成功实施为法定货币。</blockquote></p><p> We won't speak to the validity of JPM's argument - we will soon find out first hand whether or not El Salvador made a mistake in adopting bitcoin as legal tender - although it certainly is simple enough: “daily payment activity in El Salvador would represent ~4% of recent on-chain transaction volume and more than 1% of the total value of tokens which have been transferred between wallets in the past year,” the report said, with the illiquidity and nature of the volume “potentially a significant limitation on its potential as a medium of exchange.”</p><p><blockquote>我们不会谈论摩根大通论点的有效性——我们很快就会直接了解萨尔瓦多在采用比特币作为法定货币时是否犯了错误——尽管这肯定很简单：“萨尔瓦多的日常支付活动将占近期链上交易量的约4%，占过去一年钱包之间转移的代币总价值的1%以上，”该交易量的非流动性和性质“可能会严重限制其作为交换媒介的潜力。”</blockquote></p><p> Perhaps, then again in its brief history bitcoin has certainly demonstrated that it is remarkably scalable and viable even without a central bank propping it up every time there is even a modest risk-flaring hiccup, which is much more than we could ever say about the global stock market or currencies such as Europe's \"whatever it takes\" euro.</p><p><blockquote>或许，在其短暂的历史中，比特币无疑已经证明，即使每次出现轻微的风险爆发问题时，即使没有央行支持，它也具有非凡的可扩展性和可行性，这比我们对全球股市或欧洲“不惜一切代价”欧元等货币所能说的要多得多。</blockquote></p><p> Of course, JPMorgan - a bank that directly benefited form more than one multibilion bailout - will be the last to admit just how much sustainable the cryptocurrency has become, which is why we will ignore the bank's latest round of propaganda, but will point out an interesting fact unearthed by JPMorgan: it goes straight to the heart of the recurring argument why bitcoin is so volatile.</p><p><blockquote>当然，摩根大通——一家直接受益于超过10亿美元救助的银行——将是最后一家承认加密货币已经变得多么可持续的银行，这就是为什么我们将忽略该银行最新一轮的宣传，但将指出摩根大通发现的一个有趣事实：它直接触及了比特币为何如此不稳定的反复出现的论点的核心。</blockquote></p><p> The reason, as JPM has discovered, is that bitcoin's float may be as little as 5%, if not less. Discussing the daily trading volumes of bitcoin, JPM notes that a large fraction of Bitcoin are locked up in illiquid entities (liquidity sinks),<b>\"with more than 90% not changing hands in more than a year\" while roughly 80% - and rising - are held by wallets with light turnover.&nbsp; This means that a paltry 5-10% of all bitcoin in circulation has traded in the past year.</b></p><p><blockquote>摩根大通发现，原因是比特币的持股量可能只有5%，甚至更少。在讨论比特币的每日交易量时，摩根大通指出，很大一部分比特币被锁定在非流动性实体（流动性下沉）中，<b>“超过90%的股票在一年多的时间里没有易手”，而大约80%——而且还在上升——由成交量较少的钱包持有。这意味着，在过去一年中，流通中的比特币中只有微不足道的5-10%进行了交易。</b></blockquote></p><p> <img src=\"https://static.tigerbbs.com/ce30e31759284bfbf1d8923cb4149bfc\" tg-width=\"725\" tg-height=\"534\"></p><p><blockquote></blockquote></p><p> Another way of putting it:<b>an asset with a $600 billion market cap has a float of just $30 billion.</b>Which is remarkable as it means that<b>no whales</b>sold bitcoin when it hit its all time high of $65,000.<b>And if they didn't sell then, they certainly won't sell now when it's half that price.</b></p><p><blockquote>换一种说法：<b>一项市值6000亿美元的资产的流通量仅为300亿美元。</b>这很了不起，因为这意味着<b>没有鲸鱼</b>当比特币触及65,000美元的历史高点时出售。<b>如果他们当时不卖，现在价格是那个价格的一半，他们肯定不会卖。</b></blockquote></p><p> This, more than anything else, explains why bitcoin - an asset whose market cap was more than a $1 trillion as recently as April - is so extremely volatile: with the vast majority of bitcoin locked up or held by whale accounts who rarely if ever trade, the marginal price setter of bitcoin are odd lots - a burst of trading in fractions of a bitcoin, where the momentum in many cases is ignited and magnified by HFTs who then shape the movement of the crypto in hopes of hitting the max pain stop loss positions for other cryptos, and where as a result of such a unique trading environment, the price of bitcoin can swing 10%, 15% , or even 20% or more every day.</p><p><blockquote>这比其他任何事情都更能解释为什么比特币——一种截至4月份市值还超过1万亿澳元的资产——如此不稳定：绝大多数比特币被很少交易的鲸鱼账户锁定或持有，比特币的边际价格制定者是零星地段——比特币的一部分交易爆发，在许多情况下，这种势头被高频交易点燃和放大，然后他们塑造加密货币的走势，希望达到其他加密货币的最大痛苦止损头寸，由于这种独特的交易环境，比特币的价格每天可以波动10%、15%，甚至20%或更多。</blockquote></p><p> The question we have is during liquidation pukes like the one observed recently, how much of the newly released bitcoin are gobbled up by existing or new whales. Judging by the gray line in the chart above, the answer is a record amount.</p><p><blockquote>我们面临的问题是，在像最近观察到的清算呕吐中，有多少新释放的比特币被现有的或新的鲸鱼吞噬了。从上图中的灰线来看，答案是创纪录的金额。</blockquote></p><p> Which means that we are now in the<i>\"weak hands\" shake out and whale accumulation</i>phase. And once the new generation of whales has bought enough, that's when the next squeeze higher will take place, sending the crypto currency and its peers to fresh all time highs. Because if there is one thing that is very easy to do with an asset whose float is as low as bitcoin's, it is to manipulate it as a handful of big players want.</p><p><blockquote>这意味着我们现在处于<i>“弱手”抖出鲸鱼积累</i>阶段。一旦新一代鲸鱼购买了足够多的东西，下一次挤压就会发生，将加密货币及其同行推至历史新高。因为如果有一件事对一个流通量像比特币一样低的资产来说是非常容易做的，那就是按照少数大玩家的意愿操纵它。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.zerohedge.com/markets/just-5-all-bitcoins-circulation-have-traded-past-year\">zerohedge</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":{"COIN":"Coinbase Global, Inc."},"source_url":"https://www.zerohedge.com/markets/just-5-all-bitcoins-circulation-have-traded-past-year","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1161408787","content_text":"In JPMorgan's latest weekly bitcoin hit piece (because for some \"inexplicable\" reason, JPMorgan executive have instructed most of the bank's strategists, including those covering equity and rates, to slam the cryptocurrency on a weekly if not daily basis while the bank quietlybuilds out its own proprietary crypto fund, almost as if it is desperate to scare its clients into selling), the bank makes an interesting argument: bitcoin is not liquid enough to be successfully implemented as a legal tender in El Salvador.\nWe won't speak to the validity of JPM's argument - we will soon find out first hand whether or not El Salvador made a mistake in adopting bitcoin as legal tender - although it certainly is simple enough: “daily payment activity in El Salvador would represent ~4% of recent on-chain transaction volume and more than 1% of the total value of tokens which have been transferred between wallets in the past year,” the report said, with the illiquidity and nature of the volume “potentially a significant limitation on its potential as a medium of exchange.”\nPerhaps, then again in its brief history bitcoin has certainly demonstrated that it is remarkably scalable and viable even without a central bank propping it up every time there is even a modest risk-flaring hiccup, which is much more than we could ever say about the global stock market or currencies such as Europe's \"whatever it takes\" euro.\nOf course, JPMorgan - a bank that directly benefited form more than one multibilion bailout - will be the last to admit just how much sustainable the cryptocurrency has become, which is why we will ignore the bank's latest round of propaganda, but will point out an interesting fact unearthed by JPMorgan: it goes straight to the heart of the recurring argument why bitcoin is so volatile.\nThe reason, as JPM has discovered, is that bitcoin's float may be as little as 5%, if not less. Discussing the daily trading volumes of bitcoin, JPM notes that a large fraction of Bitcoin are locked up in illiquid entities (liquidity sinks),\"with more than 90% not changing hands in more than a year\" while roughly 80% - and rising - are held by wallets with light turnover.  This means that a paltry 5-10% of all bitcoin in circulation has traded in the past year.\n\nAnother way of putting it:an asset with a $600 billion market cap has a float of just $30 billion.Which is remarkable as it means thatno whalessold bitcoin when it hit its all time high of $65,000.And if they didn't sell then, they certainly won't sell now when it's half that price.\nThis, more than anything else, explains why bitcoin - an asset whose market cap was more than a $1 trillion as recently as April - is so extremely volatile: with the vast majority of bitcoin locked up or held by whale accounts who rarely if ever trade, the marginal price setter of bitcoin are odd lots - a burst of trading in fractions of a bitcoin, where the momentum in many cases is ignited and magnified by HFTs who then shape the movement of the crypto in hopes of hitting the max pain stop loss positions for other cryptos, and where as a result of such a unique trading environment, the price of bitcoin can swing 10%, 15% , or even 20% or more every day.\nThe question we have is during liquidation pukes like the one observed recently, how much of the newly released bitcoin are gobbled up by existing or new whales. Judging by the gray line in the chart above, the answer is a record amount.\nWhich means that we are now in the\"weak hands\" shake out and whale accumulationphase. And once the new generation of whales has bought enough, that's when the next squeeze higher will take place, sending the crypto currency and its peers to fresh all time highs. Because if there is one thing that is very easy to do with an asset whose float is as low as bitcoin's, it is to manipulate it as a handful of big players want.","news_type":1,"symbols_score_info":{"COIN":0.9}},"isVote":1,"tweetType":1,"viewCount":998,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":359398948,"gmtCreate":1616337037184,"gmtModify":1634526305377,"author":{"id":"3572498650193459","authorId":"3572498650193459","name":"ProLim","avatar":"https://static.tigerbbs.com/6eca4831f468b79e30513dff47109ae3","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3572498650193459","idStr":"3572498650193459"},"themes":[],"htmlText":"Like and comment&nbsp;","listText":"Like and comment&nbsp;","text":"Like and comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/359398948","repostId":"1117450855","repostType":4,"repost":{"id":"1117450855","kind":"news","pubTimestamp":1616166767,"share":"https://www.laohu8.com/m/news/1117450855?lang=zh_CN&edition=full","pubTime":"2021-03-19 23:12","market":"us","language":"en","title":"Powell says Fed will keep supporting economy ‘for as long as it takes’<blockquote>鲍威尔表示美联储将“只要需要”继续支持经济</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1117450855","media":"marketwatch","summary":"Outlook is brightening, but recovery ‘far from complete,’ Fed chairman says in WSJ op-ed.Federal Reserve Chairman Jerome Powell on Friday said that while the U.S. economic outlook is “brightening,” the recovery is “far from complete.”In an op-ed published in the Wall Street Journal,Powell recounted the moment last February when he realized that the coronavirus pandemic would sweep across the country.“The danger to the U.S. economy was grave. The challenge was to limit the severity and duration o","content":"<p>  <b>Outlook is brightening, but recovery ‘far from complete,’ Fed chairman says in WSJ op-ed.</b>  Federal Reserve Chairman Jerome Powell on Friday said that while the U.S. economic outlook is “brightening,” the recovery is “far from complete.”</p><p><blockquote><b>美联储主席在《华尔街日报》专栏中表示，前景一片光明，但复苏“远未完成”。</b>美联储主席鲍威尔周五表示，虽然美国经济前景“一片光明”，但复苏“远未完成”。</blockquote></p><p> In an op-ed published in the Wall Street Journal,Powell recounted the moment last February when he realized that the coronavirus pandemic would sweep across the country.</p><p><blockquote>在《华尔街日报》发表的一篇专栏文章中，鲍威尔讲述了去年2月他意识到冠状病毒大流行将席卷全国的那一刻。</blockquote></p><p> “The danger to the U.S. economy was grave. The challenge was to limit the severity and duration of the fallout to avoid longer-run damage,” he said.</p><p><blockquote>“美国经济面临的危险是严重的。面临的挑战是限制后果的严重程度和持续时间，以避免长期损害，”他说。</blockquote></p><p> Powell and his colleagues engineered a rapid response to the crisis, based on the lesson learned from slow recovery to the Great Recession of 2008-2009 that swift action might have been better.</p><p><blockquote>鲍威尔和他的同事根据从2008-2009年大衰退的缓慢复苏中吸取的教训，设计了对危机的快速反应，即迅速采取行动可能会更好。</blockquote></p><p> The central bank quickly slashed its policy interest rate to zero and launched an open-ended asset purchase program known as quantitative easing.</p><p><blockquote>央行迅速将政策利率下调至零，并启动了被称为量化宽松的开放式资产购买计划。</blockquote></p><p> With economists penciling in strong growth for 2021 and more Americans getting vaccinated every day, financial markets are wondering how long Fed support will last.</p><p><blockquote>随着经济学家预测2021年将出现强劲增长，每天都有更多的美国人接种疫苗，金融市场想知道美联储的支持将持续多久。</blockquote></p><p> In the op-ed, Powell said the situation “is much improved.”</p><p><blockquote>鲍威尔在专栏中表示，情况“有了很大改善”。</blockquote></p><p> “But the recovery is far from complete, so at the Fed we will continue to provide the economy with the support that it needs for as long as it takes,” Powell said.</p><p><blockquote>鲍威尔表示：“但复苏远未完成，因此美联储将继续为经济提供所需的支持，只要经济需要。”</blockquote></p><p> “I truly believe that we will emerge from this crisis stronger and better, as we have done so often before,” he said.</p><p><blockquote>他说：“我真的相信，我们将从这场危机中变得更强大、更好，就像我们以前经常做的那样。”</blockquote></p><p> On Wednesday, the Fed recommitted to its easy money policy stance at its latest policy meeting despite a forecast for stronger economic growth and higher inflation this year.</p><p><blockquote>周三，美联储在最近的政策会议上再次承诺了宽松的货币政策立场，尽管预计今年经济增长将更加强劲，通胀将上升。</blockquote></p><p> The Fed chairman did not mention the outlook for inflation in his Friday article . Many on Wall Street are worried that the economy will overheat before the Fed pulls back its easy policy stance.</p><p><blockquote>美联储主席在周五的文章中没有提及通胀前景。华尔街许多人担心，在美联储收回宽松政策立场之前，经济会过热。</blockquote></p><p> Yields on the 10-year Treasury noteTMUBMUSD10Y,1.734%have risen to 1.73% this week after starting the year below 1%.</p><p><blockquote>10年期国债TMUBMUSD10Y, 1.734%的收益率在年初低于1%后，本周已升至1.73%。</blockquote></p><p> Stocks were trading lower on Friday, with the Dow Jones Industrial AverageDJIA,-0.71%down 187 points in mid-morning trading.</p><p><blockquote>周五股市走低，道琼斯工业平均指数DJIA在早盘交易中下跌187点，-0.71%。</blockquote></p><p></p>","source":"market_watch","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Powell says Fed will keep supporting economy ‘for as long as it takes’<blockquote>鲍威尔表示美联储将“只要需要”继续支持经济</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nPowell says Fed will keep supporting economy ‘for as long as it takes’<blockquote>鲍威尔表示美联储将“只要需要”继续支持经济</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">marketwatch</strong><span class=\"h-time small\">2021-03-19 23:12</span>\n</p>\n</h4>\n</header>\n<article>\n<p>  <b>Outlook is brightening, but recovery ‘far from complete,’ Fed chairman says in WSJ op-ed.</b>  Federal Reserve Chairman Jerome Powell on Friday said that while the U.S. economic outlook is “brightening,” the recovery is “far from complete.”</p><p><blockquote><b>美联储主席在《华尔街日报》专栏中表示，前景一片光明，但复苏“远未完成”。</b>美联储主席鲍威尔周五表示，虽然美国经济前景“一片光明”，但复苏“远未完成”。</blockquote></p><p> In an op-ed published in the Wall Street Journal,Powell recounted the moment last February when he realized that the coronavirus pandemic would sweep across the country.</p><p><blockquote>在《华尔街日报》发表的一篇专栏文章中，鲍威尔讲述了去年2月他意识到冠状病毒大流行将席卷全国的那一刻。</blockquote></p><p> “The danger to the U.S. economy was grave. The challenge was to limit the severity and duration of the fallout to avoid longer-run damage,” he said.</p><p><blockquote>“美国经济面临的危险是严重的。面临的挑战是限制后果的严重程度和持续时间，以避免长期损害，”他说。</blockquote></p><p> Powell and his colleagues engineered a rapid response to the crisis, based on the lesson learned from slow recovery to the Great Recession of 2008-2009 that swift action might have been better.</p><p><blockquote>鲍威尔和他的同事根据从2008-2009年大衰退的缓慢复苏中吸取的教训，设计了对危机的快速反应，即迅速采取行动可能会更好。</blockquote></p><p> The central bank quickly slashed its policy interest rate to zero and launched an open-ended asset purchase program known as quantitative easing.</p><p><blockquote>央行迅速将政策利率下调至零，并启动了被称为量化宽松的开放式资产购买计划。</blockquote></p><p> With economists penciling in strong growth for 2021 and more Americans getting vaccinated every day, financial markets are wondering how long Fed support will last.</p><p><blockquote>随着经济学家预测2021年将出现强劲增长，每天都有更多的美国人接种疫苗，金融市场想知道美联储的支持将持续多久。</blockquote></p><p> In the op-ed, Powell said the situation “is much improved.”</p><p><blockquote>鲍威尔在专栏中表示，情况“有了很大改善”。</blockquote></p><p> “But the recovery is far from complete, so at the Fed we will continue to provide the economy with the support that it needs for as long as it takes,” Powell said.</p><p><blockquote>鲍威尔表示：“但复苏远未完成，因此美联储将继续为经济提供所需的支持，只要经济需要。”</blockquote></p><p> “I truly believe that we will emerge from this crisis stronger and better, as we have done so often before,” he said.</p><p><blockquote>他说：“我真的相信，我们将从这场危机中变得更强大、更好，就像我们以前经常做的那样。”</blockquote></p><p> On Wednesday, the Fed recommitted to its easy money policy stance at its latest policy meeting despite a forecast for stronger economic growth and higher inflation this year.</p><p><blockquote>周三，美联储在最近的政策会议上再次承诺了宽松的货币政策立场，尽管预计今年经济增长将更加强劲，通胀将上升。</blockquote></p><p> The Fed chairman did not mention the outlook for inflation in his Friday article . Many on Wall Street are worried that the economy will overheat before the Fed pulls back its easy policy stance.</p><p><blockquote>美联储主席在周五的文章中没有提及通胀前景。华尔街许多人担心，在美联储收回宽松政策立场之前，经济会过热。</blockquote></p><p> Yields on the 10-year Treasury noteTMUBMUSD10Y,1.734%have risen to 1.73% this week after starting the year below 1%.</p><p><blockquote>10年期国债TMUBMUSD10Y, 1.734%的收益率在年初低于1%后，本周已升至1.73%。</blockquote></p><p> Stocks were trading lower on Friday, with the Dow Jones Industrial AverageDJIA,-0.71%down 187 points in mid-morning trading.</p><p><blockquote>周五股市走低，道琼斯工业平均指数DJIA在早盘交易中下跌187点，-0.71%。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.marketwatch.com/story/powell-says-fed-will-keep-supporting-economy-for-as-long-as-it-takes-11616165178?mod=home-page\">marketwatch</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.marketwatch.com/story/powell-says-fed-will-keep-supporting-economy-for-as-long-as-it-takes-11616165178?mod=home-page","is_english":true,"share_image_url":"https://static.laohu8.com/599a65733b8245fcf7868668ef9ad712","article_id":"1117450855","content_text":"Outlook is brightening, but recovery ‘far from complete,’ Fed chairman says in WSJ op-ed.\n\nFederal Reserve Chairman Jerome Powell on Friday said that while the U.S. economic outlook is “brightening,” the recovery is “far from complete.”\nIn an op-ed published in the Wall Street Journal,Powell recounted the moment last February when he realized that the coronavirus pandemic would sweep across the country.\n“The danger to the U.S. economy was grave. The challenge was to limit the severity and duration of the fallout to avoid longer-run damage,” he said.\nPowell and his colleagues engineered a rapid response to the crisis, based on the lesson learned from slow recovery to the Great Recession of 2008-2009 that swift action might have been better.\nThe central bank quickly slashed its policy interest rate to zero and launched an open-ended asset purchase program known as quantitative easing.\nWith economists penciling in strong growth for 2021 and more Americans getting vaccinated every day, financial markets are wondering how long Fed support will last.\nIn the op-ed, Powell said the situation “is much improved.”\n“But the recovery is far from complete, so at the Fed we will continue to provide the economy with the support that it needs for as long as it takes,” Powell said.\n“I truly believe that we will emerge from this crisis stronger and better, as we have done so often before,” he said.\nOn Wednesday, the Fed recommitted to its easy money policy stance at its latest policy meeting despite a forecast for stronger economic growth and higher inflation this year.\nThe Fed chairman did not mention the outlook for inflation in his Friday article . Many on Wall Street are worried that the economy will overheat before the Fed pulls back its easy policy stance.\nYields on the 10-year Treasury noteTMUBMUSD10Y,1.734%have risen to 1.73% this week after starting the year below 1%.\nStocks were trading lower on Friday, with the Dow Jones Industrial AverageDJIA,-0.71%down 187 points in mid-morning trading.","news_type":1,"symbols_score_info":{}},"isVote":1,"tweetType":1,"viewCount":232,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":323709078,"gmtCreate":1615371775994,"gmtModify":1703488032299,"author":{"id":"3572498650193459","authorId":"3572498650193459","name":"ProLim","avatar":"https://static.tigerbbs.com/6eca4831f468b79e30513dff47109ae3","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3572498650193459","idStr":"3572498650193459"},"themes":[],"htmlText":"Like and comment","listText":"Like and comment","text":"Like and comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/323709078","repostId":"1194930530","repostType":4,"isVote":1,"tweetType":1,"viewCount":744,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":360451326,"gmtCreate":1613968722165,"gmtModify":1634551718121,"author":{"id":"3572498650193459","authorId":"3572498650193459","name":"ProLim","avatar":"https://static.tigerbbs.com/6eca4831f468b79e30513dff47109ae3","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3572498650193459","idStr":"3572498650193459"},"themes":[],"htmlText":"Gogo!","listText":"Gogo!","text":"Gogo!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/360451326","repostId":"1171414372","repostType":4,"repost":{"id":"1171414372","kind":"news","pubTimestamp":1613964674,"share":"https://www.laohu8.com/m/news/1171414372?lang=zh_CN&edition=full","pubTime":"2021-02-22 11:31","market":"us","language":"en","title":"Warren Buffett’s Letter to Shareholders Is Coming. What Investors Want to See.<blockquote>沃伦·巴菲特致股东的信即将到来。投资者希望看到的。</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1171414372","media":"Barrons","summary":"As Warren Buffett prepares to put the finishing touches on his eagerly awaited annual letter toBerks","content":"<p>As Warren Buffett prepares to put the finishing touches on his eagerly awaited annual letter toBerkshire Hathawayshare&nbsp;holders, the CEO has much to address.</p><p><blockquote>当沃伦·巴菲特准备对他期待已久的致伯克希尔·哈撒韦公司股东的年度信进行最后的润色时，这位首席执行官有很多事情要解决。</blockquote></p><p>They include the&nbsp;underperformance of Berkshire(ticker: BRK.A and BRK.B) shares over the past one, five, and 10 years, Buffett’s cautious approach to new investments, and the spotty record of Berkshire’s acquisitions over the past decade.</p><p><blockquote>其中包括伯克希尔哈撒韦公司（股票代码：BRK.A和BRK.B）股票在过去一年、五年和十年中表现不佳，巴菲特对新投资的谨慎态度，以及伯克希尔哈撒韦公司过去十年收购记录参差不齐。</blockquote></p><p>Yet that letter—due out on Feb. 27, along with the annual report and fourth-quarter earnings—can help write Berkshire’s next chapter. All it would need is an announcement of the initiation of a dividend.</p><p><blockquote>然而，这封将于2月27日与年度报告和第四季度收益一起发布的信可以帮助书写伯克希尔哈撒韦的下一个篇章。它所需要的只是宣布开始派息。</blockquote></p><p>A dividend of 2% would be a good start, representing about 40% of projected 2021 earnings. It would probably lift the stock by broadening the base of potential investors to those who want or need dividends.</p><p><blockquote>2%的股息将是一个良好的开端，约占2021年预计收益的40%。它可能会通过将潜在投资者的基础扩大到那些想要或需要股息的人来提振股价。</blockquote></p><p>Berkshire has stepped up its share repurchases, buying back $15.7 billion of stock in the first three quarters of 2020, or about 3% of the shares outstanding. But with $146 billion in cash and projected earnings this year of $25 billion, it has the ability to pay a dividend as well as to buy back stock.</p><p><blockquote>伯克希尔加大了股票回购力度，在2020年前三季度回购了157亿美元的股票，约占已发行股票的3%。但凭借1,460亿美元现金和今年预计盈利250亿美元，该公司有能力支付股息并回购股票。</blockquote></p><p>“Berkshire should pay a dividend; this would increase the appeal of the shares to investors who want current income,” says David King, co-manager of the Columbia Flexible Capital Income fund. “Given Berkshire’s size and financial strength, the company is unique in paying no dividend and that should be changed.”</p><p><blockquote>“伯克希尔应该支付股息；这将增加股票对想要当前收入的投资者的吸引力，”哥伦比亚灵活资本收益基金联席经理戴维·金表示。“鉴于伯克希尔的规模和财务实力，该公司在不支付股息方面是独一无二的，这种情况应该改变。”</blockquote></p><p><img src=\"https://static.tigerbbs.com/014471f5dbd6554ccdd4f23756e41a51\" tg-width=\"963\" tg-height=\"627\"></p><p><blockquote></blockquote></p><p>Berkshire hasn’t paid a dividend for over 50 years. Why? Buffett’s view has been that a dollar in his hands is better than one in the hands of shareholders. That was long the case as Buffett worked his investment and acquisition magic, but it has been less true in recent years. Buffett declined to comment for this article.</p><p><blockquote>伯克希尔已经50多年没有支付股息了。为什么？巴菲特的观点是，一美元在他手中胜过一美元在股东手中。在巴菲特施展投资和收购魔法的过程中，情况一直如此，但近年来情况已不那么真实了。巴菲特拒绝对本文发表评论。</blockquote></p><p>In his 2012 annual letter, the CEO addressed the dividend issue, arguing that the better, and more tax-efficient, approach would be for investors who want income to sell a small portion of their Berkshire stock each year.</p><p><blockquote>在2012年年度信中，这位首席执行官谈到了股息问题，认为对于希望获得收入的投资者来说，更好、更节税的方法是每年出售一小部分伯克希尔股票。</blockquote></p><p>“First, dividends impose a specific cash-out policy upon all shareholders. If, say, 40% of earnings is the policy, those who wish 30% or 50% will be thwarted,” Buffett wrote. “Our 600,000 shareholders cover the waterfront in their desires for cash. It is safe to say, however, that a great many of them—perhaps even most of them—are in a net-savings mode and logically should prefer no payment at all.”</p><p><blockquote>“首先，股息对所有股东施加了特定的套现政策。比方说，如果政策是收益的40%，那些希望获得30%或50%的人将会受挫，”巴菲特写道。“我们的60万股东对现金的渴望无处不在。然而，可以肯定地说，他们中的许多人——甚至可能是大多数——都处于净储蓄模式，从逻辑上讲，他们应该宁愿根本不付款。”</blockquote></p><p>In 2014, Berkshire holder&nbsp;soverwhelmingly rejected a proxy proposalon dividends.</p><p><blockquote>2014年，伯克希尔股东以压倒性多数拒绝了股息代理提案。</blockquote></p><p><img src=\"https://static.tigerbbs.com/d68e1f8f07f62b85a646a858fee9196c\" tg-width=\"956\" tg-height=\"571\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p>Yet Berkshire’s cash has more than doubled since then, notes Edward Jones analyst James Shanahan, who favors a dividend. “A dividend is a good idea if only because the cash balance has grown so much,” he says, adding that significant repurchases at Berkshire are more difficult than at other big companies because there is less liquidity in its stock.</p><p><blockquote>然而，爱德华·琼斯(Edward Jones)分析师詹姆斯·沙纳汉(James Shanahan)指出，自那时以来，伯克希尔的现金增加了一倍多，他倾向于派息。他表示：“股息是一个好主意，因为现金余额增长了很多。”他补充说，伯克希尔哈撒韦公司的大规模回购比其他大公司更加困难，因为其股票的流动性较低。</blockquote></p><p>Berkshire’s class A shares have lagged behind theS&amp;P 500 indexby 40 percentage points since the end of 2018. They now look appealing at around $368,000, less than 1.3 times estimated year-end 2020 book value of around $287,000 and about 23 times projected 2021 earnings. Its class B shares trade around $243.</p><p><blockquote>自2018年底以来，伯克希尔A类股落后标准普尔500指数40个百分点。它们现在看起来很有吸引力，约为368,000美元，不到2020年底预计账面价值约287,000美元的1.3倍，约为2021年预计收益的23倍。其B类股交易价格约为243美元。</blockquote></p><p>Berkshire has traded at closer to 1.4 times book value in the past five years, and earnings are set to climb in 2021, thanks to businesses with exposure to an improving economy, like the Burlington Northern Santa Fe railroad.</p><p><blockquote>过去五年，伯克希尔哈撒韦公司的股价接近账面价值的1.4倍，由于伯灵顿北圣达菲铁路公司等经济好转的企业，2021年的盈利将攀升。</blockquote></p><p>Still, the past decade has been one of missed opportunities for Buffett—with the stake inApple(AAPL) the notable exception.While the recently disclosed big purchasesinVerizon Communications(VZ) andChevron(CVX) made waves, Berkshire was likely a net seller of about $9 billion of stocks last year. The company also failed to capitalize on the market turmoil and make any big acquisitions.</p><p><blockquote>尽管如此，过去十年仍然是巴菲特错失的机会之一——苹果公司（AAPL）的股份是一个明显的例外。尽管最近披露的对威瑞森通信(VZ)和雪佛龙(CVX)的大额收购引起了轰动，但伯克希尔去年可能净卖出了约90亿美元的股票。该公司也未能利用市场动荡进行任何重大收购。</blockquote></p><p>So what else might Berkshire shareholders hope to see in the annual letter? More disclosure would help. It’s hard to know exactly how well Precision Castparts and other major Berkshire businesses are doing because the company doesn’t break out their results.</p><p><blockquote>那么伯克希尔股东还希望在年度信中看到什么呢？更多的披露会有所帮助。很难确切知道Precision Castparts和伯克希尔其他主要业务的表现如何，因为该公司没有公布业绩。</blockquote></p><p>There is also the question of succession, with Buffett turning 90 last August. Buffett could give up the CEO job to Berkshire’s vice chairman, Greg Abel, while remaining chairman and continuing to oversee Berkshire’s investment portfolio, including $270 billion of stocks.</p><p><blockquote>还有接班人的问题，巴菲特去年8月就90岁了。巴菲特可能会将首席执行官一职让给伯克希尔副董事长格雷格·阿贝尔，同时继续担任董事长并继续监管伯克希尔的投资组合，包括2700亿美元的股票。</blockquote></p><p>Berkshire hasn’t named an heir apparent to Buffett, but it’s widely assumed to be Abel, 58, who oversees Berkshire’s vast noninsurance operations, including Burlington Northern.</p><p><blockquote>伯克希尔尚未指定巴菲特的法定继承人，但人们普遍认为是58岁的阿贝尔，他负责监管伯克希尔庞大的非保险业务，包括伯灵顿北方保险公司。</blockquote></p><p>That would give Abel important experience while Buffett is still on the scene, allowing Abel to take new steps, like potentially holding Berkshire’s first investor day.</p><p><blockquote>这将在巴菲特还在现场的时候给阿贝尔提供重要的经验，使阿贝尔能够采取新的措施，比如可能举办伯克希尔的第一个投资者日。</blockquote></p><p></p><p>And whether it is Abel or someone else, a dividend would take pressure off Buffett’s successor to reinvest Berkshire’s earnings torrent and align the conglomerate with most other giant companies.</p><p><blockquote>无论是阿贝尔还是其他人，股息都将减轻巴菲特继任者对伯克希尔的盈利洪流进行再投资的压力，并使该集团与大多数其他巨头公司保持一致。</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>Warren Buffett’s Letter to Shareholders Is Coming. What Investors Want to See.<blockquote>沃伦·巴菲特致股东的信即将到来。投资者希望看到的。</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\">\nWarren Buffett’s Letter to Shareholders Is Coming. What Investors Want to See.<blockquote>沃伦·巴菲特致股东的信即将到来。投资者希望看到的。</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Barrons</strong><span class=\"h-time small\">2021-02-22 11:31</span>\n</p>\n</h4>\n</header>\n<article>\n<p>As Warren Buffett prepares to put the finishing touches on his eagerly awaited annual letter toBerkshire Hathawayshare&nbsp;holders, the CEO has much to address.</p><p><blockquote>当沃伦·巴菲特准备对他期待已久的致伯克希尔·哈撒韦公司股东的年度信进行最后的润色时，这位首席执行官有很多事情要解决。</blockquote></p><p>They include the&nbsp;underperformance of Berkshire(ticker: BRK.A and BRK.B) shares over the past one, five, and 10 years, Buffett’s cautious approach to new investments, and the spotty record of Berkshire’s acquisitions over the past decade.</p><p><blockquote>其中包括伯克希尔哈撒韦公司（股票代码：BRK.A和BRK.B）股票在过去一年、五年和十年中表现不佳，巴菲特对新投资的谨慎态度，以及伯克希尔哈撒韦公司过去十年收购记录参差不齐。</blockquote></p><p>Yet that letter—due out on Feb. 27, along with the annual report and fourth-quarter earnings—can help write Berkshire’s next chapter. All it would need is an announcement of the initiation of a dividend.</p><p><blockquote>然而，这封将于2月27日与年度报告和第四季度收益一起发布的信可以帮助书写伯克希尔哈撒韦的下一个篇章。它所需要的只是宣布开始派息。</blockquote></p><p>A dividend of 2% would be a good start, representing about 40% of projected 2021 earnings. It would probably lift the stock by broadening the base of potential investors to those who want or need dividends.</p><p><blockquote>2%的股息将是一个良好的开端，约占2021年预计收益的40%。它可能会通过将潜在投资者的基础扩大到那些想要或需要股息的人来提振股价。</blockquote></p><p>Berkshire has stepped up its share repurchases, buying back $15.7 billion of stock in the first three quarters of 2020, or about 3% of the shares outstanding. But with $146 billion in cash and projected earnings this year of $25 billion, it has the ability to pay a dividend as well as to buy back stock.</p><p><blockquote>伯克希尔加大了股票回购力度，在2020年前三季度回购了157亿美元的股票，约占已发行股票的3%。但凭借1,460亿美元现金和今年预计盈利250亿美元，该公司有能力支付股息并回购股票。</blockquote></p><p>“Berkshire should pay a dividend; this would increase the appeal of the shares to investors who want current income,” says David King, co-manager of the Columbia Flexible Capital Income fund. “Given Berkshire’s size and financial strength, the company is unique in paying no dividend and that should be changed.”</p><p><blockquote>“伯克希尔应该支付股息；这将增加股票对想要当前收入的投资者的吸引力，”哥伦比亚灵活资本收益基金联席经理戴维·金表示。“鉴于伯克希尔的规模和财务实力，该公司在不支付股息方面是独一无二的，这种情况应该改变。”</blockquote></p><p><img src=\"https://static.tigerbbs.com/014471f5dbd6554ccdd4f23756e41a51\" tg-width=\"963\" tg-height=\"627\"></p><p><blockquote></blockquote></p><p>Berkshire hasn’t paid a dividend for over 50 years. Why? Buffett’s view has been that a dollar in his hands is better than one in the hands of shareholders. That was long the case as Buffett worked his investment and acquisition magic, but it has been less true in recent years. Buffett declined to comment for this article.</p><p><blockquote>伯克希尔已经50多年没有支付股息了。为什么？巴菲特的观点是，一美元在他手中胜过一美元在股东手中。在巴菲特施展投资和收购魔法的过程中，情况一直如此，但近年来情况已不那么真实了。巴菲特拒绝对本文发表评论。</blockquote></p><p>In his 2012 annual letter, the CEO addressed the dividend issue, arguing that the better, and more tax-efficient, approach would be for investors who want income to sell a small portion of their Berkshire stock each year.</p><p><blockquote>在2012年年度信中，这位首席执行官谈到了股息问题，认为对于希望获得收入的投资者来说，更好、更节税的方法是每年出售一小部分伯克希尔股票。</blockquote></p><p>“First, dividends impose a specific cash-out policy upon all shareholders. If, say, 40% of earnings is the policy, those who wish 30% or 50% will be thwarted,” Buffett wrote. “Our 600,000 shareholders cover the waterfront in their desires for cash. It is safe to say, however, that a great many of them—perhaps even most of them—are in a net-savings mode and logically should prefer no payment at all.”</p><p><blockquote>“首先，股息对所有股东施加了特定的套现政策。比方说，如果政策是收益的40%，那些希望获得30%或50%的人将会受挫，”巴菲特写道。“我们的60万股东对现金的渴望无处不在。然而，可以肯定地说，他们中的许多人——甚至可能是大多数——都处于净储蓄模式，从逻辑上讲，他们应该宁愿根本不付款。”</blockquote></p><p>In 2014, Berkshire holder&nbsp;soverwhelmingly rejected a proxy proposalon dividends.</p><p><blockquote>2014年，伯克希尔股东以压倒性多数拒绝了股息代理提案。</blockquote></p><p><img src=\"https://static.tigerbbs.com/d68e1f8f07f62b85a646a858fee9196c\" tg-width=\"956\" tg-height=\"571\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p>Yet Berkshire’s cash has more than doubled since then, notes Edward Jones analyst James Shanahan, who favors a dividend. “A dividend is a good idea if only because the cash balance has grown so much,” he says, adding that significant repurchases at Berkshire are more difficult than at other big companies because there is less liquidity in its stock.</p><p><blockquote>然而，爱德华·琼斯(Edward Jones)分析师詹姆斯·沙纳汉(James Shanahan)指出，自那时以来，伯克希尔的现金增加了一倍多，他倾向于派息。他表示：“股息是一个好主意，因为现金余额增长了很多。”他补充说，伯克希尔哈撒韦公司的大规模回购比其他大公司更加困难，因为其股票的流动性较低。</blockquote></p><p>Berkshire’s class A shares have lagged behind theS&amp;P 500 indexby 40 percentage points since the end of 2018. They now look appealing at around $368,000, less than 1.3 times estimated year-end 2020 book value of around $287,000 and about 23 times projected 2021 earnings. Its class B shares trade around $243.</p><p><blockquote>自2018年底以来，伯克希尔A类股落后标准普尔500指数40个百分点。它们现在看起来很有吸引力，约为368,000美元，不到2020年底预计账面价值约287,000美元的1.3倍，约为2021年预计收益的23倍。其B类股交易价格约为243美元。</blockquote></p><p>Berkshire has traded at closer to 1.4 times book value in the past five years, and earnings are set to climb in 2021, thanks to businesses with exposure to an improving economy, like the Burlington Northern Santa Fe railroad.</p><p><blockquote>过去五年，伯克希尔哈撒韦公司的股价接近账面价值的1.4倍，由于伯灵顿北圣达菲铁路公司等经济好转的企业，2021年的盈利将攀升。</blockquote></p><p>Still, the past decade has been one of missed opportunities for Buffett—with the stake inApple(AAPL) the notable exception.While the recently disclosed big purchasesinVerizon Communications(VZ) andChevron(CVX) made waves, Berkshire was likely a net seller of about $9 billion of stocks last year. The company also failed to capitalize on the market turmoil and make any big acquisitions.</p><p><blockquote>尽管如此，过去十年仍然是巴菲特错失的机会之一——苹果公司（AAPL）的股份是一个明显的例外。尽管最近披露的对威瑞森通信(VZ)和雪佛龙(CVX)的大额收购引起了轰动，但伯克希尔去年可能净卖出了约90亿美元的股票。该公司也未能利用市场动荡进行任何重大收购。</blockquote></p><p>So what else might Berkshire shareholders hope to see in the annual letter? More disclosure would help. It’s hard to know exactly how well Precision Castparts and other major Berkshire businesses are doing because the company doesn’t break out their results.</p><p><blockquote>那么伯克希尔股东还希望在年度信中看到什么呢？更多的披露会有所帮助。很难确切知道Precision Castparts和伯克希尔其他主要业务的表现如何，因为该公司没有公布业绩。</blockquote></p><p>There is also the question of succession, with Buffett turning 90 last August. Buffett could give up the CEO job to Berkshire’s vice chairman, Greg Abel, while remaining chairman and continuing to oversee Berkshire’s investment portfolio, including $270 billion of stocks.</p><p><blockquote>还有接班人的问题，巴菲特去年8月就90岁了。巴菲特可能会将首席执行官一职让给伯克希尔副董事长格雷格·阿贝尔，同时继续担任董事长并继续监管伯克希尔的投资组合，包括2700亿美元的股票。</blockquote></p><p>Berkshire hasn’t named an heir apparent to Buffett, but it’s widely assumed to be Abel, 58, who oversees Berkshire’s vast noninsurance operations, including Burlington Northern.</p><p><blockquote>伯克希尔尚未指定巴菲特的法定继承人，但人们普遍认为是58岁的阿贝尔，他负责监管伯克希尔庞大的非保险业务，包括伯灵顿北方保险公司。</blockquote></p><p>That would give Abel important experience while Buffett is still on the scene, allowing Abel to take new steps, like potentially holding Berkshire’s first investor day.</p><p><blockquote>这将在巴菲特还在现场的时候给阿贝尔提供重要的经验，使阿贝尔能够采取新的措施，比如可能举办伯克希尔的第一个投资者日。</blockquote></p><p></p><p>And whether it is Abel or someone else, a dividend would take pressure off Buffett’s successor to reinvest Berkshire’s earnings torrent and align the conglomerate with most other giant companies.</p><p><blockquote>无论是阿贝尔还是其他人，股息都将减轻巴菲特继任者对伯克希尔的盈利洪流进行再投资的压力，并使该集团与大多数其他巨头公司保持一致。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.barrons.com/articles/how-warren-buffetts-berkshire-hathaway-shareholder-letter-could-lift-the-companys-stock-51613778470?mod=hp_LEADSUPP_3\">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":{"BRK.A":"伯克希尔","BRK.B":"伯克希尔B"},"source_url":"https://www.barrons.com/articles/how-warren-buffetts-berkshire-hathaway-shareholder-letter-could-lift-the-companys-stock-51613778470?mod=hp_LEADSUPP_3","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1171414372","content_text":"As Warren Buffett prepares to put the finishing touches on his eagerly awaited annual letter toBerkshire Hathawayshare holders, the CEO has much to address.They include the underperformance of Berkshire(ticker: BRK.A and BRK.B) shares over the past one, five, and 10 years, Buffett’s cautious approach to new investments, and the spotty record of Berkshire’s acquisitions over the past decade.Yet that letter—due out on Feb. 27, along with the annual report and fourth-quarter earnings—can help write Berkshire’s next chapter. All it would need is an announcement of the initiation of a dividend.A dividend of 2% would be a good start, representing about 40% of projected 2021 earnings. It would probably lift the stock by broadening the base of potential investors to those who want or need dividends.Berkshire has stepped up its share repurchases, buying back $15.7 billion of stock in the first three quarters of 2020, or about 3% of the shares outstanding. But with $146 billion in cash and projected earnings this year of $25 billion, it has the ability to pay a dividend as well as to buy back stock.“Berkshire should pay a dividend; this would increase the appeal of the shares to investors who want current income,” says David King, co-manager of the Columbia Flexible Capital Income fund. “Given Berkshire’s size and financial strength, the company is unique in paying no dividend and that should be changed.”Berkshire hasn’t paid a dividend for over 50 years. Why? Buffett’s view has been that a dollar in his hands is better than one in the hands of shareholders. That was long the case as Buffett worked his investment and acquisition magic, but it has been less true in recent years. Buffett declined to comment for this article.In his 2012 annual letter, the CEO addressed the dividend issue, arguing that the better, and more tax-efficient, approach would be for investors who want income to sell a small portion of their Berkshire stock each year.“First, dividends impose a specific cash-out policy upon all shareholders. If, say, 40% of earnings is the policy, those who wish 30% or 50% will be thwarted,” Buffett wrote. “Our 600,000 shareholders cover the waterfront in their desires for cash. It is safe to say, however, that a great many of them—perhaps even most of them—are in a net-savings mode and logically should prefer no payment at all.”In 2014, Berkshire holder soverwhelmingly rejected a proxy proposalon dividends.Yet Berkshire’s cash has more than doubled since then, notes Edward Jones analyst James Shanahan, who favors a dividend. “A dividend is a good idea if only because the cash balance has grown so much,” he says, adding that significant repurchases at Berkshire are more difficult than at other big companies because there is less liquidity in its stock.Berkshire’s class A shares have lagged behind theS&P 500 indexby 40 percentage points since the end of 2018. They now look appealing at around $368,000, less than 1.3 times estimated year-end 2020 book value of around $287,000 and about 23 times projected 2021 earnings. Its class B shares trade around $243.Berkshire has traded at closer to 1.4 times book value in the past five years, and earnings are set to climb in 2021, thanks to businesses with exposure to an improving economy, like the Burlington Northern Santa Fe railroad.Still, the past decade has been one of missed opportunities for Buffett—with the stake inApple(AAPL) the notable exception.While the recently disclosed big purchasesinVerizon Communications(VZ) andChevron(CVX) made waves, Berkshire was likely a net seller of about $9 billion of stocks last year. The company also failed to capitalize on the market turmoil and make any big acquisitions.So what else might Berkshire shareholders hope to see in the annual letter? More disclosure would help. It’s hard to know exactly how well Precision Castparts and other major Berkshire businesses are doing because the company doesn’t break out their results.There is also the question of succession, with Buffett turning 90 last August. Buffett could give up the CEO job to Berkshire’s vice chairman, Greg Abel, while remaining chairman and continuing to oversee Berkshire’s investment portfolio, including $270 billion of stocks.Berkshire hasn’t named an heir apparent to Buffett, but it’s widely assumed to be Abel, 58, who oversees Berkshire’s vast noninsurance operations, including Burlington Northern.That would give Abel important experience while Buffett is still on the scene, allowing Abel to take new steps, like potentially holding Berkshire’s first investor day.And whether it is Abel or someone else, a dividend would take pressure off Buffett’s successor to reinvest Berkshire’s earnings torrent and align the conglomerate with most other giant companies.","news_type":1,"symbols_score_info":{"BRK.B":0.9,"BRK.A":0.9}},"isVote":1,"tweetType":1,"viewCount":227,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":360453444,"gmtCreate":1613968664288,"gmtModify":1634551718483,"author":{"id":"3572498650193459","authorId":"3572498650193459","name":"ProLim","avatar":"https://static.tigerbbs.com/6eca4831f468b79e30513dff47109ae3","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3572498650193459","idStr":"3572498650193459"},"themes":[],"htmlText":"Hmm","listText":"Hmm","text":"Hmm","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/360453444","repostId":"1178045979","repostType":4,"repost":{"id":"1178045979","kind":"news","pubTimestamp":1613962535,"share":"https://www.laohu8.com/m/news/1178045979?lang=zh_CN&edition=full","pubTime":"2021-02-22 10:55","market":"us","language":"en","title":"Bill Gates’ Trust Sold Alibaba, Uber, and Apple Stock. Here’s What It Bought.<blockquote>比尔·盖茨的信托基金出售了阿里巴巴-SW、优步和苹果的股票。这是它买的东西。</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1178045979","media":"Barrons","summary":"One of the world’s largest foundations recently disclosed major changes in its investment portfolio.","content":"<p>One of the&nbsp;world’s largest foundations&nbsp;recently disclosed major changes in its investment portfolio.</p><p><blockquote>全球最大的基金会之一最近披露了其投资组合的重大变化。</blockquote></p><p>The Bill &amp; Melinda Gates Foundation Trust, which manages the funds of that foundation, exited positions in&nbsp;Alibaba Group Holding(ticker: BABA) and&nbsp;Uber Technologies(UBER), halved its stake in&nbsp;Apple(AAPL), and increased an investment in&nbsp;Schrodinger(SDGR) in the fourth quarter. The trust disclosed the stock trades, among others, ina form it filedwith the Securities and Exchange Commission.</p><p><blockquote>管理该基金会资金的比尔·盖茨基金会信托基金退出了阿里巴巴-SW集团控股公司（股票代码：BABA）和优步科技公司（UBER）的头寸，将其在苹果（AAPL）的股份减半，并增加了对薛定谔的投资（SDGR）第四季度。该信托公司在向美国证券交易委员会提交的表格中披露了股票交易等情况。</blockquote></p><p>The trust didn’t respond to a request for comment made through the foundation. It hadassets of $49.8 billionat the end of 2019, its latest audited financial statements show.</p><p><blockquote>该信托基金没有回应通过基金会提出的置评请求。最新经审计的财务报表显示，截至2019年底，该公司的资产为498亿美元。</blockquote></p><p>The Gates Trust sold 552,383 Alibaba American depositary receipts it had owned at theend of the third quarterto end 2020 with no holdings of the Chinese internet giant.</p><p><blockquote>盖茨信托出售了截至2020年底第三季度末持有的552,383张阿里巴巴-SW美国存托凭证，但这家中国互联网巨头没有持有该公司的股份。</blockquote></p><p>Alibaba ADRs managed a 9.7% gain in 2020, but so far in 2021 through Friday’s close, it has soared 13.3%. By comparison, theS&amp;P 500 index,a measure of the broader market, rose 16.3% in 2020, but has risen 4.0% year to date.</p><p><blockquote>阿里巴巴-SW ADR在2020年上涨了9.7%，但截至周五收盘，2021年迄今已飙升13.3%。相比之下，衡量大盘的标准普尔500指数在2020年上涨了16.3%，但今年迄今已上涨4.0%。</blockquote></p><p>Alibaba ADRs jumped in January after founder Jack Maresurfaced in a videoafter being out of the public eye for months. Both Ma and Alibaba hadfallen afoul of Chinese regulatorsafter he criticized the state-owned banking system. The regulatory difficultyeased in February, lifting Alibaba ADRs.</p><p><blockquote>创始人Jack Mare在离开公众视线数月后出现在视频中后，阿里巴巴-SW的ADR在1月份大幅上涨。马云和阿里巴巴-SW在批评国有银行体系后都与中国监管机构发生了冲突。二月份监管困难有所缓解，提振了阿里巴巴-SW ADR。</blockquote></p><p>The trust didn’t own much of ride-hailing giant Uber, just 26,767 shares, but sold them all in the fourth quarter.</p><p><blockquote>该信托公司并没有持有网约车巨头Uber的太多股份，只有26,767股，但在第四季度将其全部出售。</blockquote></p><p>Uber stock had a strong 2020, surging 71.5%. Year to date, it has gained 14.5%.</p><p><blockquote>Uber股价2020年表现强劲，飙升71.5%。今年迄今为止，该股已上涨14.5%。</blockquote></p><p>Uber’s food-delivery unit, Uber Eats,could be a jewelin the company’s crown. Earlier this month, the company said fourth-quarter delivery revenue, including Uber Eats,was $1.36 billion, up 224% from a year ago. Interestingly, Uber agreed earlier this month tobuy alcohol-delivery startup Drizzlyfor $1.1 billion.</p><p><blockquote>Uber的食品配送部门Uber Eats可能是该公司皇冠上的一颗宝石。本月早些时候，该公司表示，包括Uber Eats在内的第四季度外卖收入为13.6亿美元，同比增长224%。有趣的是，Uber本月早些时候同意以11亿美元收购酒类配送初创公司Drizzly。</blockquote></p><p>Apple stock had a boffo 2020, jumping 80.8%, but so far in 2021, it has slipped 2.1%.</p><p><blockquote>苹果股价在2020年表现出色，上涨了80.8%，但2021年迄今为止，已下跌2.1%。</blockquote></p><p>There is widespread speculation that Apple isworking on a car. Reportedly,talks with Hyundaias a partner haven’t yet resulted in an agreement. Applecrushed estimateswhen it reported fiscal-first-quarter numbers at the end of January.</p><p><blockquote>人们普遍猜测苹果正在研发一款汽车。据报道，与现代汽车作为合作伙伴的谈判尚未达成协议。苹果在一月底公布第一财季数据时超出了预期。</blockquote></p><p>The Gates Trust sold 1 million Apple shares in the fourth quarter, cutting its holdings in the iPhone maker to 1 million shares.</p><p><blockquote>盖茨信托基金在第四季度出售了100万股苹果股票，将其在这家iPhone制造商的持股削减至100万股。</blockquote></p><p>The fund bought 2 million more Schrodinger shares to end 2020 with 7 million shares. The company offers a software platform used in the drug-discovery process.</p><p><blockquote>该基金又购买了200万股薛定谔股票，截至2020年底，持有量为700万股。该公司提供用于药物发现过程的软件平台。</blockquote></p><p>Schrodinger’s initial public offering waspriced at $17 a sharein February 2020. The stock ended the year 466% higher. So far in 2021, shares have gained 32.6%.</p><p><blockquote>薛定谔于2020年2月首次公开募股定价为每股17美元。该股年底上涨466%。2021年迄今为止，股价已上涨32.6%。</blockquote></p><p>BMO Capital Markets Research analyst Do Kim raised the target price on Schrodinger stock to $117 from $97. The new target price implies about 11% upside.Kim sees increased drug-discovery revenue under an agreement withBristol-Myers Squibb(BMY). He rates Schrodinger at Out&nbsp;perform.</p><p><blockquote>BMO资本市场研究分析师Do Kim将Schrodinger股票的目标价从97美元上调至117美元。新的目标价意味着约11%的上涨空间。Kim预计，根据与百时美施贵宝(BMY)的协议，药物发现收入将会增加。他认为薛定谔表现不佳。</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>Bill Gates’ Trust Sold Alibaba, Uber, and Apple Stock. Here’s What It Bought.<blockquote>比尔·盖茨的信托基金出售了阿里巴巴-SW、优步和苹果的股票。这是它买的东西。</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\">\nBill Gates’ Trust Sold Alibaba, Uber, and Apple Stock. Here’s What It Bought.<blockquote>比尔·盖茨的信托基金出售了阿里巴巴-SW、优步和苹果的股票。这是它买的东西。</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Barrons</strong><span class=\"h-time small\">2021-02-22 10:55</span>\n</p>\n</h4>\n</header>\n<article>\n<p>One of the&nbsp;world’s largest foundations&nbsp;recently disclosed major changes in its investment portfolio.</p><p><blockquote>全球最大的基金会之一最近披露了其投资组合的重大变化。</blockquote></p><p>The Bill &amp; Melinda Gates Foundation Trust, which manages the funds of that foundation, exited positions in&nbsp;Alibaba Group Holding(ticker: BABA) and&nbsp;Uber Technologies(UBER), halved its stake in&nbsp;Apple(AAPL), and increased an investment in&nbsp;Schrodinger(SDGR) in the fourth quarter. The trust disclosed the stock trades, among others, ina form it filedwith the Securities and Exchange Commission.</p><p><blockquote>管理该基金会资金的比尔·盖茨基金会信托基金退出了阿里巴巴-SW集团控股公司（股票代码：BABA）和优步科技公司（UBER）的头寸，将其在苹果（AAPL）的股份减半，并增加了对薛定谔的投资（SDGR）第四季度。该信托公司在向美国证券交易委员会提交的表格中披露了股票交易等情况。</blockquote></p><p>The trust didn’t respond to a request for comment made through the foundation. It hadassets of $49.8 billionat the end of 2019, its latest audited financial statements show.</p><p><blockquote>该信托基金没有回应通过基金会提出的置评请求。最新经审计的财务报表显示，截至2019年底，该公司的资产为498亿美元。</blockquote></p><p>The Gates Trust sold 552,383 Alibaba American depositary receipts it had owned at theend of the third quarterto end 2020 with no holdings of the Chinese internet giant.</p><p><blockquote>盖茨信托出售了截至2020年底第三季度末持有的552,383张阿里巴巴-SW美国存托凭证，但这家中国互联网巨头没有持有该公司的股份。</blockquote></p><p>Alibaba ADRs managed a 9.7% gain in 2020, but so far in 2021 through Friday’s close, it has soared 13.3%. By comparison, theS&amp;P 500 index,a measure of the broader market, rose 16.3% in 2020, but has risen 4.0% year to date.</p><p><blockquote>阿里巴巴-SW ADR在2020年上涨了9.7%，但截至周五收盘，2021年迄今已飙升13.3%。相比之下，衡量大盘的标准普尔500指数在2020年上涨了16.3%，但今年迄今已上涨4.0%。</blockquote></p><p>Alibaba ADRs jumped in January after founder Jack Maresurfaced in a videoafter being out of the public eye for months. Both Ma and Alibaba hadfallen afoul of Chinese regulatorsafter he criticized the state-owned banking system. The regulatory difficultyeased in February, lifting Alibaba ADRs.</p><p><blockquote>创始人Jack Mare在离开公众视线数月后出现在视频中后，阿里巴巴-SW的ADR在1月份大幅上涨。马云和阿里巴巴-SW在批评国有银行体系后都与中国监管机构发生了冲突。二月份监管困难有所缓解，提振了阿里巴巴-SW ADR。</blockquote></p><p>The trust didn’t own much of ride-hailing giant Uber, just 26,767 shares, but sold them all in the fourth quarter.</p><p><blockquote>该信托公司并没有持有网约车巨头Uber的太多股份，只有26,767股，但在第四季度将其全部出售。</blockquote></p><p>Uber stock had a strong 2020, surging 71.5%. Year to date, it has gained 14.5%.</p><p><blockquote>Uber股价2020年表现强劲，飙升71.5%。今年迄今为止，该股已上涨14.5%。</blockquote></p><p>Uber’s food-delivery unit, Uber Eats,could be a jewelin the company’s crown. Earlier this month, the company said fourth-quarter delivery revenue, including Uber Eats,was $1.36 billion, up 224% from a year ago. Interestingly, Uber agreed earlier this month tobuy alcohol-delivery startup Drizzlyfor $1.1 billion.</p><p><blockquote>Uber的食品配送部门Uber Eats可能是该公司皇冠上的一颗宝石。本月早些时候，该公司表示，包括Uber Eats在内的第四季度外卖收入为13.6亿美元，同比增长224%。有趣的是，Uber本月早些时候同意以11亿美元收购酒类配送初创公司Drizzly。</blockquote></p><p>Apple stock had a boffo 2020, jumping 80.8%, but so far in 2021, it has slipped 2.1%.</p><p><blockquote>苹果股价在2020年表现出色，上涨了80.8%，但2021年迄今为止，已下跌2.1%。</blockquote></p><p>There is widespread speculation that Apple isworking on a car. Reportedly,talks with Hyundaias a partner haven’t yet resulted in an agreement. Applecrushed estimateswhen it reported fiscal-first-quarter numbers at the end of January.</p><p><blockquote>人们普遍猜测苹果正在研发一款汽车。据报道，与现代汽车作为合作伙伴的谈判尚未达成协议。苹果在一月底公布第一财季数据时超出了预期。</blockquote></p><p>The Gates Trust sold 1 million Apple shares in the fourth quarter, cutting its holdings in the iPhone maker to 1 million shares.</p><p><blockquote>盖茨信托基金在第四季度出售了100万股苹果股票，将其在这家iPhone制造商的持股削减至100万股。</blockquote></p><p>The fund bought 2 million more Schrodinger shares to end 2020 with 7 million shares. The company offers a software platform used in the drug-discovery process.</p><p><blockquote>该基金又购买了200万股薛定谔股票，截至2020年底，持有量为700万股。该公司提供用于药物发现过程的软件平台。</blockquote></p><p>Schrodinger’s initial public offering waspriced at $17 a sharein February 2020. The stock ended the year 466% higher. So far in 2021, shares have gained 32.6%.</p><p><blockquote>薛定谔于2020年2月首次公开募股定价为每股17美元。该股年底上涨466%。2021年迄今为止，股价已上涨32.6%。</blockquote></p><p>BMO Capital Markets Research analyst Do Kim raised the target price on Schrodinger stock to $117 from $97. The new target price implies about 11% upside.Kim sees increased drug-discovery revenue under an agreement withBristol-Myers Squibb(BMY). He rates Schrodinger at Out&nbsp;perform.</p><p><blockquote>BMO资本市场研究分析师Do Kim将Schrodinger股票的目标价从97美元上调至117美元。新的目标价意味着约11%的上涨空间。Kim预计，根据与百时美施贵宝(BMY)的协议，药物发现收入将会增加。他认为薛定谔表现不佳。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.barrons.com/articles/bill-gates-trust-sold-alibaba-uber-apple-stock-bought-schrodinger-51613692068?mod=hp_DAY_7\">Barrons</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果","SDGR":"Schrodinger Inc.","BABA":"阿里巴巴","UBER":"优步"},"source_url":"https://www.barrons.com/articles/bill-gates-trust-sold-alibaba-uber-apple-stock-bought-schrodinger-51613692068?mod=hp_DAY_7","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1178045979","content_text":"One of the world’s largest foundations recently disclosed major changes in its investment portfolio.The Bill & Melinda Gates Foundation Trust, which manages the funds of that foundation, exited positions in Alibaba Group Holding(ticker: BABA) and Uber Technologies(UBER), halved its stake in Apple(AAPL), and increased an investment in Schrodinger(SDGR) in the fourth quarter. The trust disclosed the stock trades, among others, ina form it filedwith the Securities and Exchange Commission.The trust didn’t respond to a request for comment made through the foundation. It hadassets of $49.8 billionat the end of 2019, its latest audited financial statements show.The Gates Trust sold 552,383 Alibaba American depositary receipts it had owned at theend of the third quarterto end 2020 with no holdings of the Chinese internet giant.Alibaba ADRs managed a 9.7% gain in 2020, but so far in 2021 through Friday’s close, it has soared 13.3%. By comparison, theS&P 500 index,a measure of the broader market, rose 16.3% in 2020, but has risen 4.0% year to date.Alibaba ADRs jumped in January after founder Jack Maresurfaced in a videoafter being out of the public eye for months. Both Ma and Alibaba hadfallen afoul of Chinese regulatorsafter he criticized the state-owned banking system. The regulatory difficultyeased in February, lifting Alibaba ADRs.The trust didn’t own much of ride-hailing giant Uber, just 26,767 shares, but sold them all in the fourth quarter.Uber stock had a strong 2020, surging 71.5%. Year to date, it has gained 14.5%.Uber’s food-delivery unit, Uber Eats,could be a jewelin the company’s crown. Earlier this month, the company said fourth-quarter delivery revenue, including Uber Eats,was $1.36 billion, up 224% from a year ago. Interestingly, Uber agreed earlier this month tobuy alcohol-delivery startup Drizzlyfor $1.1 billion.Apple stock had a boffo 2020, jumping 80.8%, but so far in 2021, it has slipped 2.1%.There is widespread speculation that Apple isworking on a car. Reportedly,talks with Hyundaias a partner haven’t yet resulted in an agreement. Applecrushed estimateswhen it reported fiscal-first-quarter numbers at the end of January.The Gates Trust sold 1 million Apple shares in the fourth quarter, cutting its holdings in the iPhone maker to 1 million shares.The fund bought 2 million more Schrodinger shares to end 2020 with 7 million shares. The company offers a software platform used in the drug-discovery process.Schrodinger’s initial public offering waspriced at $17 a sharein February 2020. The stock ended the year 466% higher. So far in 2021, shares have gained 32.6%.BMO Capital Markets Research analyst Do Kim raised the target price on Schrodinger stock to $117 from $97. The new target price implies about 11% upside.Kim sees increased drug-discovery revenue under an agreement withBristol-Myers Squibb(BMY). 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