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2022-01-03

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U.S. stock market opens modestly higher on Monday to kick off first trade in 2022<blockquote>美国股市周一小幅高开开启2022年首笔交易</blockquote>

2022-01-02

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2021-12-31

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2021-12-29

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Toplines Before US Market Open on Wednesday<blockquote>周三美国市场开盘前的顶线</blockquote>

2021-12-28

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2021-12-27

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2021-12-25

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2021-12-23

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Kaixin Auto shares jumped more than 16% in premarket trading.<blockquote>开心汽车股价在盘前交易中上涨超过16%。</blockquote>

2021-12-22

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Toplines Before US Market Open on Wednesday<blockquote>周三美国市场开盘前的顶线</blockquote>

2021-12-19

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2021-12-17

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Vir Biotechnology continued to gain over 7% in morning trading after showing neutralizing activity against omicron<blockquote>Vir Biotechnology在显示出对奥密克戎的中和活性后，早盘继续上涨超过7%</blockquote>

2021-12-14

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Disney: All Subscribers Are Not Created Equal<blockquote>迪士尼：并非所有订阅者生来平等</blockquote>

2021-12-13

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Rivian,Adobe,FedEx,Lennar,Campbell Soup,and Other Stocks to Watch This Week<blockquote>Rivian、Adobe、联邦快递、Lennar、金宝汤等本周值得关注的股票</blockquote>

2021-12-11

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Sea Ltd stock dropped more than 5% in morning trading<blockquote>Sea Ltd股价早盘下跌超过5%</blockquote>

2021-12-09

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Apple shares rose nearly 2% to a new high<blockquote>苹果股价上涨近2%，创新高</blockquote>

2021-12-08

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Meme stocks jumped in morning trading<blockquote>模因股票早盘上涨</blockquote>

2021-12-06

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Game Stop, Toll Brothers, Costco, CVS, and Other Stocks to Watch This Week<blockquote>Game Stop、Toll Brothers、Costco、CVS和其他本周值得关注的股票</blockquote>

2021-12-04

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US IPO Week Ahead: Digital banking and cloud infrastructure lead a 4 IPO week<blockquote>美国IPO周：数字银行和云基础设施引领IPO周4</blockquote>

2021-11-30

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2021-11-27

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please","listText":"Like please","text":"Like please","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/692721506","repostId":"1117854838","repostType":4,"repost":{"id":"1117854838","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":1641220222,"share":"https://www.laohu8.com/m/news/1117854838?lang=zh_CN&edition=full","pubTime":"2022-01-03 22:30","market":"us","language":"en","title":"U.S. stock market opens modestly higher on Monday to kick off first trade in 2022<blockquote>美国股市周一小幅高开开启2022年首笔交易</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1117854838","media":"Tiger Newspress","summary":"U.S. stock market opens modestly higher on Monday to kick off first trade in 2022.The Dow Jones Indu","content":"<p><html><head></head><body>U.S. stock market opens modestly higher on Monday to kick off first trade in 2022.</p><p><blockquote><html><head></head><body>美国股市周一小幅高开，开启2022年首次交易。</body></html></blockquote></p><p>The Dow Jones Industrial Average jumped 60 points, or about 0.1%. The S&amp;P 500 added 0.4% and the Nasdaq Composite advanced about 0.8%.</p><p><blockquote>道琼斯工业平均指数上涨60点，涨幅约0.1%。标普500上涨0.4%，纳斯达克综合指数上涨约0.8%。</blockquote></p><p>Stocks have a tendency to gain in the start of a new year as investors look to put new money to work, Bank of America noted on Monday. The S&amp;P 500 was up in the first week of the calendar year in 11 of the last 13 years, with an average gain of about 1.6%, the firm found.</p><p><blockquote>美国银行周一指出，随着投资者希望投入新资金，股市在新年伊始往往会上涨。该公司发现，在过去13年中，有11年标普500在日历年第一周上涨，平均涨幅约为1.6%。</blockquote></p><p>Tesla helped the market generate some early momentum Monday, rising 6.8% after theelectric vehicle company reported 308,600 deliveries in the fourth quarter, beating expectations.</p><p><blockquote>特斯拉周一帮助市场产生了一些早期动力，该电动汽车公司公布第四季度交付量为308,600辆，超出预期，股价上涨6.8%。</blockquote></p><p>Along with Tesla, big automakers also saw their shares climb, with Ford Motor and General Motors each rising1.6%.</p><p><blockquote>除特斯拉外，大型汽车制造商的股价也上涨，福特汽车和通用汽车各上涨1.6%。</blockquote></p><p>Reopening stocks also pushed higher. Airlines edged higher as investors shrugged off concerns about holiday flight cancelations that have extended into Monday. United Airlines gained 1% and Alaska Air rose 2.3%. Meanwhile, casino stocks including Las Vegas Sands and Wynn Resorts gained about 1% apiece.</p><p><blockquote>重新开放的股票也推高了。由于投资者摆脱了对延续至周一的假日航班取消的担忧，航空公司小幅走高。联合航空上涨1%，阿拉斯加航空上涨2.3%。与此同时，拉斯维加斯金沙集团和永利度假村等赌场股各上涨约1%。</blockquote></p><p>The moves come after markets closed out a strong 2021 last week. TheS&amp;P 500 rose nearly 27% for the year, with the Nasdaq Composite and Dow also posting large returns. Stocks fell slightly on Friday, but the S&amp;P 500 and Dow were positive for the final week of the year.</p><p><blockquote>这些举措是在上周市场结束强劲的2021年之后出台的。标准普尔500指数今年上涨了近27%，纳斯达克综合指数和道琼斯指数也取得了丰厚的回报。周五股市小幅下跌，但标普500和道琼斯指数在今年最后一周表现良好。</blockquote></p><p>The new year starts with continued uncertainty around the Covid-19 pandemic. The rise of the omicron variant helped lead to the thousands of flight cancellations during the holiday season and has led some businesses and schools to consider temporary closures. Also, several major Wall Street banks have asked employees to work from home for the first few weeks of January.</p><p><blockquote>新年伊始，围绕新冠肺炎疫情的持续不确定性。奥密克戎变种的兴起导致假期期间数千个航班取消，并导致一些企业和学校考虑暂时关闭。此外，华尔街几家主要银行已要求员工在1月份的前几周在家工作。</blockquote></p><p>Infectious disease expert Dr. Anthony Fauci told ABC&#39;s &#34;This Week&#34; on Sunday that U.S. health officials may soon update guidelines to include a testing recommendation to signal when a person who previously tested positive for Covid can leave isolation.</p><p><blockquote>传染病专家安东尼·福奇博士周日告诉美国广播公司的“本周”节目，美国卫生官员可能很快会更新指南，纳入检测建议，以发出信号，表明此前新冠病毒检测呈阳性的人何时可以离开隔离。</blockquote></p><p>Inflation and monetary policy are also expected to be key themes for 2022, as investors expect the Federal Reserve to hike rates multiple times in the coming year to help cool the rise in prices for consumers.</p><p><blockquote>通胀和货币政策预计也将成为2022年的关键主题，因为投资者预计美联储将在未来一年多次加息，以帮助消费者冷却物价上涨。</blockquote></p><p>“Just as for the economy as a whole, the market story for 2022 will be a return to normal. As hiring continues, spending grows, and businesses hire and invest, the economy will be normal. The government is normalizing policy on the same expectations. When you look at the macro picture, the overarching theme is 2022 will bring us back to something like normal,” Brad McMillan, chief investment officer for Commonwealth Financial Network, said in a note to clients on Friday.</p><p><blockquote>“就像整体经济一样，2022年的市场故事将是恢复正常。随着招聘的继续，支出的增长，以及企业招聘和投资，经济将恢复正常。政府正在根据同样的预期使政策正常化。当你看宏观形势时，首要主题是2022年将使我们恢复正常，”联邦金融网络首席投资官布拉德·麦克米兰周五在给客户的一份报告中表示。</blockquote></p><p>The first week of the year will be a busy one for economic data, with the key December jobs report slated for a Friday morning release. On Monday, investors will get updated looks at manufacturing activity and construction spending.</p><p><blockquote>今年第一周将是经济数据繁忙的一周，关键的12月份就业报告定于周五上午发布。周一，投资者将获得制造业活动和建筑支出的最新情况。</blockquote></p><p></body></html></p><p><blockquote></blockquote></p><p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>U.S. stock market opens modestly higher on Monday to kick off first trade in 2022<blockquote>美国股市周一小幅高开开启2022年首笔交易</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; 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\">\nU.S. stock market opens modestly higher on Monday to kick off first trade in 2022<blockquote>美国股市周一小幅高开开启2022年首笔交易</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\">2022-01-03 22:30</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p><html><head></head><body>U.S. stock market opens modestly higher on Monday to kick off first trade in 2022.</p><p><blockquote><html><head></head><body>美国股市周一小幅高开，开启2022年首次交易。</body></html></blockquote></p><p>The Dow Jones Industrial Average jumped 60 points, or about 0.1%. The S&amp;P 500 added 0.4% and the Nasdaq Composite advanced about 0.8%.</p><p><blockquote>道琼斯工业平均指数上涨60点，涨幅约0.1%。标普500上涨0.4%，纳斯达克综合指数上涨约0.8%。</blockquote></p><p>Stocks have a tendency to gain in the start of a new year as investors look to put new money to work, Bank of America noted on Monday. The S&amp;P 500 was up in the first week of the calendar year in 11 of the last 13 years, with an average gain of about 1.6%, the firm found.</p><p><blockquote>美国银行周一指出，随着投资者希望投入新资金，股市在新年伊始往往会上涨。该公司发现，在过去13年中，有11年标普500在日历年第一周上涨，平均涨幅约为1.6%。</blockquote></p><p>Tesla helped the market generate some early momentum Monday, rising 6.8% after theelectric vehicle company reported 308,600 deliveries in the fourth quarter, beating expectations.</p><p><blockquote>特斯拉周一帮助市场产生了一些早期动力，该电动汽车公司公布第四季度交付量为308,600辆，超出预期，股价上涨6.8%。</blockquote></p><p>Along with Tesla, big automakers also saw their shares climb, with Ford Motor and General Motors each rising1.6%.</p><p><blockquote>除特斯拉外，大型汽车制造商的股价也上涨，福特汽车和通用汽车各上涨1.6%。</blockquote></p><p>Reopening stocks also pushed higher. Airlines edged higher as investors shrugged off concerns about holiday flight cancelations that have extended into Monday. United Airlines gained 1% and Alaska Air rose 2.3%. Meanwhile, casino stocks including Las Vegas Sands and Wynn Resorts gained about 1% apiece.</p><p><blockquote>重新开放的股票也推高了。由于投资者摆脱了对延续至周一的假日航班取消的担忧，航空公司小幅走高。联合航空上涨1%，阿拉斯加航空上涨2.3%。与此同时，拉斯维加斯金沙集团和永利度假村等赌场股各上涨约1%。</blockquote></p><p>The moves come after markets closed out a strong 2021 last week. TheS&amp;P 500 rose nearly 27% for the year, with the Nasdaq Composite and Dow also posting large returns. Stocks fell slightly on Friday, but the S&amp;P 500 and Dow were positive for the final week of the year.</p><p><blockquote>这些举措是在上周市场结束强劲的2021年之后出台的。标准普尔500指数今年上涨了近27%，纳斯达克综合指数和道琼斯指数也取得了丰厚的回报。周五股市小幅下跌，但标普500和道琼斯指数在今年最后一周表现良好。</blockquote></p><p>The new year starts with continued uncertainty around the Covid-19 pandemic. The rise of the omicron variant helped lead to the thousands of flight cancellations during the holiday season and has led some businesses and schools to consider temporary closures. Also, several major Wall Street banks have asked employees to work from home for the first few weeks of January.</p><p><blockquote>新年伊始，围绕新冠肺炎疫情的持续不确定性。奥密克戎变种的兴起导致假期期间数千个航班取消，并导致一些企业和学校考虑暂时关闭。此外，华尔街几家主要银行已要求员工在1月份的前几周在家工作。</blockquote></p><p>Infectious disease expert Dr. Anthony Fauci told ABC&#39;s &#34;This Week&#34; on Sunday that U.S. health officials may soon update guidelines to include a testing recommendation to signal when a person who previously tested positive for Covid can leave isolation.</p><p><blockquote>传染病专家安东尼·福奇博士周日告诉美国广播公司的“本周”节目，美国卫生官员可能很快会更新指南，纳入检测建议，以发出信号，表明此前新冠病毒检测呈阳性的人何时可以离开隔离。</blockquote></p><p>Inflation and monetary policy are also expected to be key themes for 2022, as investors expect the Federal Reserve to hike rates multiple times in the coming year to help cool the rise in prices for consumers.</p><p><blockquote>通胀和货币政策预计也将成为2022年的关键主题，因为投资者预计美联储将在未来一年多次加息，以帮助消费者冷却物价上涨。</blockquote></p><p>“Just as for the economy as a whole, the market story for 2022 will be a return to normal. As hiring continues, spending grows, and businesses hire and invest, the economy will be normal. The government is normalizing policy on the same expectations. When you look at the macro picture, the overarching theme is 2022 will bring us back to something like normal,” Brad McMillan, chief investment officer for Commonwealth Financial Network, said in a note to clients on Friday.</p><p><blockquote>“就像整体经济一样，2022年的市场故事将是恢复正常。随着招聘的继续，支出的增长，以及企业招聘和投资，经济将恢复正常。政府正在根据同样的预期使政策正常化。当你看宏观形势时，首要主题是2022年将使我们恢复正常，”联邦金融网络首席投资官布拉德·麦克米兰周五在给客户的一份报告中表示。</blockquote></p><p>The first week of the year will be a busy one for economic data, with the key December jobs report slated for a Friday morning release. On Monday, investors will get updated looks at manufacturing activity and construction spending.</p><p><blockquote>今年第一周将是经济数据繁忙的一周，关键的12月份就业报告定于周五上午发布。周一，投资者将获得制造业活动和建筑支出的最新情况。</blockquote></p><p></body></html></p><p><blockquote></blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index",".DJI":"道琼斯"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1117854838","content_text":"U.S. stock market opens modestly higher on Monday to kick off first trade in 2022.The Dow Jones Industrial Average jumped 60 points, or about 0.1%. The S&P 500 added 0.4% and the Nasdaq Composite advanced about 0.8%.Stocks have a tendency to gain in the start of a new year as investors look to put new money to work, Bank of America noted on Monday. The S&P 500 was up in the first week of the calendar year in 11 of the last 13 years, with an average gain of about 1.6%, the firm found.Tesla helped the market generate some early momentum Monday, rising 6.8% after theelectric vehicle company reported 308,600 deliveries in the fourth quarter, beating expectations.Along with Tesla, big automakers also saw their shares climb, with Ford Motor and General Motors each rising1.6%.Reopening stocks also pushed higher. Airlines edged higher as investors shrugged off concerns about holiday flight cancelations that have extended into Monday. United Airlines gained 1% and Alaska Air rose 2.3%. Meanwhile, casino stocks including Las Vegas Sands and Wynn Resorts gained about 1% apiece.The moves come after markets closed out a strong 2021 last week. TheS&P 500 rose nearly 27% for the year, with the Nasdaq Composite and Dow also posting large returns. Stocks fell slightly on Friday, but the S&P 500 and Dow were positive for the final week of the year.The new year starts with continued uncertainty around the Covid-19 pandemic. The rise of the omicron variant helped lead to the thousands of flight cancellations during the holiday season and has led some businesses and schools to consider temporary closures. Also, several major Wall Street banks have asked employees to work from home for the first few weeks of January.Infectious disease expert Dr. Anthony Fauci told ABC's \"This Week\" on Sunday that U.S. health officials may soon update guidelines to include a testing recommendation to signal when a person who previously tested positive for Covid can leave isolation.Inflation and monetary policy are also expected to be key themes for 2022, as investors expect the Federal Reserve to hike rates multiple times in the coming year to help cool the rise in prices for consumers.“Just as for the economy as a whole, the market story for 2022 will be a return to normal. As hiring continues, spending grows, and businesses hire and invest, the economy will be normal. The government is normalizing policy on the same expectations. When you look at the macro picture, the overarching theme is 2022 will bring us back to something like normal,” Brad McMillan, chief investment officer for Commonwealth Financial Network, said in a note to clients on Friday.The first week of the year will be a busy one for economic data, with the key December jobs report slated for a Friday morning release. On Monday, investors will get updated looks at manufacturing activity and construction spending.","news_type":1,"symbols_score_info":{".IXIC":0.9,".DJI":0.9,".SPX":0.9}},"isVote":1,"tweetType":1,"viewCount":2393,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":692566303,"gmtCreate":1641060906005,"gmtModify":1641060906236,"author":{"id":"3573553598754980","authorId":"3573553598754980","name":"diamondHands","avatar":"https://static.tigerbbs.com/dc04e09561a7a5cf929c1ad9f33b1d82","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573553598754980","authorIdStr":"3573553598754980"},"themes":[],"htmlText":"Like pls","listText":"Like pls","text":"Like pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/692566303","repostId":"2200448674","repostType":4,"isVote":1,"tweetType":1,"viewCount":1877,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":692843435,"gmtCreate":1640922628666,"gmtModify":1640922628869,"author":{"id":"3573553598754980","authorId":"3573553598754980","name":"diamondHands","avatar":"https://static.tigerbbs.com/dc04e09561a7a5cf929c1ad9f33b1d82","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573553598754980","authorIdStr":"3573553598754980"},"themes":[],"htmlText":"Like pls","listText":"Like pls","text":"Like pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/692843435","repostId":"2195928314","repostType":4,"isVote":1,"tweetType":1,"viewCount":2721,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":692003007,"gmtCreate":1640785132295,"gmtModify":1640785135440,"author":{"id":"3573553598754980","authorId":"3573553598754980","name":"diamondHands","avatar":"https://static.tigerbbs.com/dc04e09561a7a5cf929c1ad9f33b1d82","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573553598754980","authorIdStr":"3573553598754980"},"themes":[],"htmlText":"Like please","listText":"Like please","text":"Like please","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/692003007","repostId":"1105117108","repostType":4,"repost":{"id":"1105117108","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":1640782444,"share":"https://www.laohu8.com/m/news/1105117108?lang=zh_CN&edition=full","pubTime":"2021-12-29 20:54","market":"us","language":"en","title":"Toplines Before US Market Open on Wednesday<blockquote>周三美国市场开盘前的顶线</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1105117108","media":"Tiger Newspress","summary":"U.S. stock index futures rose on Wednesday, as heavyweight Tesla gained, while hopes that the Omicro","content":"<p><html><head></head><body>U.S. stock index futures rose on Wednesday, as heavyweight Tesla gained, while hopes that the Omicron coronavirus variant is less deadly than the previous strain calmed investors amid daily cases in the country hitting a record high.</p><p><blockquote><html><head></head><body>美国股指期货周三上涨，因权重股特斯拉上涨，同时在该国每日病例创下历史新高之际，人们对Omicron冠状病毒变种不如之前毒株致命的希望安抚了投资者。</body></html></blockquote></p><p>At 7:43 a.m. ET, Dow e-minis were up 3 points, or 0.06%, S&amp;P 500 e-minis were up 3 points, or 0.01%, and Nasdaq 100 e-minis were up 29.25 points, or 0.18%.</p><p><blockquote>截至美国东部时间上午7:43，道指e-minis上涨3点，涨幅0.06%，标普500 e-minis上涨3点，涨幅0.01%，纳斯达克100 e-minis上涨29.25点，涨幅0.18%。</blockquote></p><p><img src=\"https://static.tigerbbs.com/7ceef07d87ec8d52d1c5d44cfe0e4400\" tg-width=\"1080\" tg-height=\"409\" referrerpolicy=\"no-referrer\"/></p><p><blockquote></blockquote></p><p><b>Stocks making the biggest moves premarket:</b></p><p><blockquote><b>盘前涨幅最大的股票：</b></blockquote></p><p><b>FuelCell Energy(FCEL)</b> – The fuel cell technology company lost 7 cents per share for its latest quarter, wider than the 4-cent loss predicted by analysts. Revenue also fell below analyst forecasts, and the stock slumped 9% in premarket trading.</p><p><blockquote><b>燃料电池能源(FCEL)</b>-这家燃料电池技术公司最近一个季度每股亏损7美分，高于分析师预测的4美分亏损。收入也低于分析师预期，该股在盘前交易中下跌9%。</blockquote></p><p><b>BioNTech(BNTX) </b>– The drug maker&#39;s shares fell 3.1% in the premarket, potentially extending the stock&#39;s losing streak to 7 days. BioNTech has fallen 16% over the past 6 sessions. Rival vaccine maker <b>Moderna(MRNA)</b> is in a similar slump, falling for the past six sessions and falling 18% over that stretch. Moderna dropped 1.6% in premarket action.</p><p><blockquote><b>BioNTech(BNTX)</b>–该制药商股价盘前下跌3.1%，可能将该股连跌时间延长至7天。BioNTech在过去6个交易日中下跌了16%。竞争对手疫苗制造商<b>现代（MRNA）</b>也陷入了类似的低迷，过去六个交易日下跌，期间下跌了18%。Moderna在盘前下跌1.6%。</blockquote></p><p><b>Tesla(TSLA)</b> – Tesla rose 1% in premarket trading, following news that CEO Elon Musk completed the exercising of all his stock options for next year. That signals the end of recent stock sales by Musk to cover tax bills generated by the exercise of those options.</p><p><blockquote><b>特斯拉(TSLA)</b>-特斯拉盘前交易中上涨1%，此前有消息称首席执行官Elon Musk完成了明年所有股票期权的行使。这标志着马斯克最近为支付行使这些期权产生的税单而出售股票的结束。</blockquote></p><p><b>Rivian(RIVN)</b> – Rivian dropped 2.2% in premarket trading,following the company reportedly made a decision to delay the bigger battery pack for its electric pickup all the way to 2023.</p><p><blockquote><b>Rivian(RIVN)</b>-据报道，Rivian决定将其电动皮卡的更大电池组推迟到2023年，该公司在盘前交易中下跌2.2%。</blockquote></p><p><b>Cal-Maine Foods(CALM)</b> – The nation&#39;s largest egg producer earned 2 cents per share for its latest quarter, well short of the 30-cent consensus estimate. Sales were better-than-expected, but the bottom line was hit by higher costs for packaging and labor. Cal-Maine shares tumbled 7.1% in the premarket.</p><p><blockquote><b>加州缅因食品(CALM)</b>–美国最大的鸡蛋生产商最近一个季度每股收益为2美分，远低于30美分的普遍预期。销售好于预期，但利润受到包装和劳动力成本上升的打击。加州缅因州股价盘前下跌7.1%。</blockquote></p><p><b>Alibaba(BABA)</b> – The China-based e-commerce giant is considering the sale of its 30% stake in social media advertising company <b>Weibo(WB)</b> to state-owned Shanghai Media Group, according to a Bloomberg report. Alibaba fell 1% in premarket action, while Weibo edged lower by 0.3%.</p><p><blockquote><b>阿里巴巴-SW（父亲）</b>-这家总部位于中国的电子商务巨头正在考虑出售其在社交媒体广告公司的30%股份<b>微博（WB）</b>据彭博社报道，国有的上海报业集团。阿里巴巴-SW盘前下跌1%，微博小幅下跌0.3%。</blockquote></p><p><b>Didi Global(DIDI) </b>– Didi was down 2.4% in premarket trading after Reuters reported the Chinese ride-hailing company will use the “listing by introduction” method to list in Hong Kong, as it moves to delist in New York. That method would issue no new shares and raise no capital.</p><p><blockquote><b>滴滴全球(DIDI)</b>–路透社报道称，这家中国网约车公司将采用“介绍上市”方式在香港上市，并将在纽约退市，滴滴在盘前交易中下跌2.4%。这种方法不会发行新股，也不会筹集资金。</blockquote></p><p><b>Victoria’s Secret(VSCO)</b> – The intimate apparel retailer announced a $250 million accelerated share repurchase program.Its shares jumped 9% in premarket trading.</p><p><blockquote><b>维多利亚的秘密(VSCO)</b>–这家贴身服装零售商宣布了一项2.5亿美元的加速股票回购计划。其股价在盘前交易中上涨9%。</blockquote></p><p><b>Akamai Technologies(AKAM)</b> – Akamai rose 1.2% in the premarket after D.A. Davidson rated the internet content delivery company a “buy” in new coverage. The firm set a price target of $143 per share, compared with Tuesday’s close of $118.45.</p><p><blockquote><b>Akamai技术(AKAM)</b>-Akamai在D.A.后盘前上涨1.2%。戴维森在新报道中将这家互联网内容交付公司评为“买入”。该公司将目标价定为每股143美元，而周二收盘价为118.45美元。</blockquote></p><p></body></html></p><p><blockquote></blockquote></p><p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Toplines Before US Market Open on Wednesday<blockquote>周三美国市场开盘前的顶线</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nToplines Before US Market Open on Wednesday<blockquote>周三美国市场开盘前的顶线</blockquote>\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time smaller\">2021-12-29 20:54</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p><html><head></head><body>U.S. stock index futures rose on Wednesday, as heavyweight Tesla gained, while hopes that the Omicron coronavirus variant is less deadly than the previous strain calmed investors amid daily cases in the country hitting a record high.</p><p><blockquote><html><head></head><body>美国股指期货周三上涨，因权重股特斯拉上涨，同时在该国每日病例创下历史新高之际，人们对Omicron冠状病毒变种不如之前毒株致命的希望安抚了投资者。</body></html></blockquote></p><p>At 7:43 a.m. ET, Dow e-minis were up 3 points, or 0.06%, S&amp;P 500 e-minis were up 3 points, or 0.01%, and Nasdaq 100 e-minis were up 29.25 points, or 0.18%.</p><p><blockquote>截至美国东部时间上午7:43，道指e-minis上涨3点，涨幅0.06%，标普500 e-minis上涨3点，涨幅0.01%，纳斯达克100 e-minis上涨29.25点，涨幅0.18%。</blockquote></p><p><img src=\"https://static.tigerbbs.com/7ceef07d87ec8d52d1c5d44cfe0e4400\" tg-width=\"1080\" tg-height=\"409\" referrerpolicy=\"no-referrer\"/></p><p><blockquote></blockquote></p><p><b>Stocks making the biggest moves premarket:</b></p><p><blockquote><b>盘前涨幅最大的股票：</b></blockquote></p><p><b>FuelCell Energy(FCEL)</b> – The fuel cell technology company lost 7 cents per share for its latest quarter, wider than the 4-cent loss predicted by analysts. Revenue also fell below analyst forecasts, and the stock slumped 9% in premarket trading.</p><p><blockquote><b>燃料电池能源(FCEL)</b>-这家燃料电池技术公司最近一个季度每股亏损7美分，高于分析师预测的4美分亏损。收入也低于分析师预期，该股在盘前交易中下跌9%。</blockquote></p><p><b>BioNTech(BNTX) </b>– The drug maker&#39;s shares fell 3.1% in the premarket, potentially extending the stock&#39;s losing streak to 7 days. BioNTech has fallen 16% over the past 6 sessions. Rival vaccine maker <b>Moderna(MRNA)</b> is in a similar slump, falling for the past six sessions and falling 18% over that stretch. Moderna dropped 1.6% in premarket action.</p><p><blockquote><b>BioNTech(BNTX)</b>–该制药商股价盘前下跌3.1%，可能将该股连跌时间延长至7天。BioNTech在过去6个交易日中下跌了16%。竞争对手疫苗制造商<b>现代（MRNA）</b>也陷入了类似的低迷，过去六个交易日下跌，期间下跌了18%。Moderna在盘前下跌1.6%。</blockquote></p><p><b>Tesla(TSLA)</b> – Tesla rose 1% in premarket trading, following news that CEO Elon Musk completed the exercising of all his stock options for next year. That signals the end of recent stock sales by Musk to cover tax bills generated by the exercise of those options.</p><p><blockquote><b>特斯拉(TSLA)</b>-特斯拉盘前交易中上涨1%，此前有消息称首席执行官Elon Musk完成了明年所有股票期权的行使。这标志着马斯克最近为支付行使这些期权产生的税单而出售股票的结束。</blockquote></p><p><b>Rivian(RIVN)</b> – Rivian dropped 2.2% in premarket trading,following the company reportedly made a decision to delay the bigger battery pack for its electric pickup all the way to 2023.</p><p><blockquote><b>Rivian(RIVN)</b>-据报道，Rivian决定将其电动皮卡的更大电池组推迟到2023年，该公司在盘前交易中下跌2.2%。</blockquote></p><p><b>Cal-Maine Foods(CALM)</b> – The nation&#39;s largest egg producer earned 2 cents per share for its latest quarter, well short of the 30-cent consensus estimate. Sales were better-than-expected, but the bottom line was hit by higher costs for packaging and labor. Cal-Maine shares tumbled 7.1% in the premarket.</p><p><blockquote><b>加州缅因食品(CALM)</b>–美国最大的鸡蛋生产商最近一个季度每股收益为2美分，远低于30美分的普遍预期。销售好于预期，但利润受到包装和劳动力成本上升的打击。加州缅因州股价盘前下跌7.1%。</blockquote></p><p><b>Alibaba(BABA)</b> – The China-based e-commerce giant is considering the sale of its 30% stake in social media advertising company <b>Weibo(WB)</b> to state-owned Shanghai Media Group, according to a Bloomberg report. Alibaba fell 1% in premarket action, while Weibo edged lower by 0.3%.</p><p><blockquote><b>阿里巴巴-SW（父亲）</b>-这家总部位于中国的电子商务巨头正在考虑出售其在社交媒体广告公司的30%股份<b>微博（WB）</b>据彭博社报道，国有的上海报业集团。阿里巴巴-SW盘前下跌1%，微博小幅下跌0.3%。</blockquote></p><p><b>Didi Global(DIDI) </b>– Didi was down 2.4% in premarket trading after Reuters reported the Chinese ride-hailing company will use the “listing by introduction” method to list in Hong Kong, as it moves to delist in New York. That method would issue no new shares and raise no capital.</p><p><blockquote><b>滴滴全球(DIDI)</b>–路透社报道称，这家中国网约车公司将采用“介绍上市”方式在香港上市，并将在纽约退市，滴滴在盘前交易中下跌2.4%。这种方法不会发行新股，也不会筹集资金。</blockquote></p><p><b>Victoria’s Secret(VSCO)</b> – The intimate apparel retailer announced a $250 million accelerated share repurchase program.Its shares jumped 9% in premarket trading.</p><p><blockquote><b>维多利亚的秘密(VSCO)</b>–这家贴身服装零售商宣布了一项2.5亿美元的加速股票回购计划。其股价在盘前交易中上涨9%。</blockquote></p><p><b>Akamai Technologies(AKAM)</b> – Akamai rose 1.2% in the premarket after D.A. Davidson rated the internet content delivery company a “buy” in new coverage. The firm set a price target of $143 per share, compared with Tuesday’s close of $118.45.</p><p><blockquote><b>Akamai技术(AKAM)</b>-Akamai在D.A.后盘前上涨1.2%。戴维森在新报道中将这家互联网内容交付公司评为“买入”。该公司将目标价定为每股143美元，而周二收盘价为118.45美元。</blockquote></p><p></body></html></p><p><blockquote></blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AKAM":"阿克迈","VSCO":"维多利亚的秘密","RIVN":"Rivian Automotive, Inc.",".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index","DIDI":"滴滴(已退市)","BABA":"阿里巴巴","WB":"微博","MRNA":"Moderna, Inc.",".DJI":"道琼斯","TSLA":"特斯拉","FCEL":"燃料电池能源","CALM":"Cal-Maine Foods","BNTX":"BioNTech SE"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1105117108","content_text":"U.S. stock index futures rose on Wednesday, as heavyweight Tesla gained, while hopes that the Omicron coronavirus variant is less deadly than the previous strain calmed investors amid daily cases in the country hitting a record high.At 7:43 a.m. ET, Dow e-minis were up 3 points, or 0.06%, S&P 500 e-minis were up 3 points, or 0.01%, and Nasdaq 100 e-minis were up 29.25 points, or 0.18%.Stocks making the biggest moves premarket:FuelCell Energy(FCEL) – The fuel cell technology company lost 7 cents per share for its latest quarter, wider than the 4-cent loss predicted by analysts. Revenue also fell below analyst forecasts, and the stock slumped 9% in premarket trading.BioNTech(BNTX) – The drug maker's shares fell 3.1% in the premarket, potentially extending the stock's losing streak to 7 days. BioNTech has fallen 16% over the past 6 sessions. Rival vaccine maker Moderna(MRNA) is in a similar slump, falling for the past six sessions and falling 18% over that stretch. Moderna dropped 1.6% in premarket action.Tesla(TSLA) – Tesla rose 1% in premarket trading, following news that CEO Elon Musk completed the exercising of all his stock options for next year. That signals the end of recent stock sales by Musk to cover tax bills generated by the exercise of those options.Rivian(RIVN) – Rivian dropped 2.2% in premarket trading,following the company reportedly made a decision to delay the bigger battery pack for its electric pickup all the way to 2023.Cal-Maine Foods(CALM) – The nation's largest egg producer earned 2 cents per share for its latest quarter, well short of the 30-cent consensus estimate. Sales were better-than-expected, but the bottom line was hit by higher costs for packaging and labor. Cal-Maine shares tumbled 7.1% in the premarket.Alibaba(BABA) – The China-based e-commerce giant is considering the sale of its 30% stake in social media advertising company Weibo(WB) to state-owned Shanghai Media Group, according to a Bloomberg report. Alibaba fell 1% in premarket action, while Weibo edged lower by 0.3%.Didi Global(DIDI) – Didi was down 2.4% in premarket trading after Reuters reported the Chinese ride-hailing company will use the “listing by introduction” method to list in Hong Kong, as it moves to delist in New York. That method would issue no new shares and raise no capital.Victoria’s Secret(VSCO) – The intimate apparel retailer announced a $250 million accelerated share repurchase program.Its shares jumped 9% in premarket trading.Akamai Technologies(AKAM) – Akamai rose 1.2% in the premarket after D.A. Davidson rated the internet content delivery company a “buy” in new coverage. The firm set a price target of $143 per share, compared with Tuesday’s close of $118.45.","news_type":1,"symbols_score_info":{"CALM":0,"BNTX":0,"BABA":0,".DJI":0,".IXIC":0,".SPX":0,"ESmain":0,"TSLA":0,"AKAM":0,"DIDI":0,"VSCO":0,"FCEL":0,"NQmain":0,"YMmain":0,"RIVN":0,"WB":0,"MRNA":0}},"isVote":1,"tweetType":1,"viewCount":2246,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":696852283,"gmtCreate":1640669108443,"gmtModify":1640669628728,"author":{"id":"3573553598754980","authorId":"3573553598754980","name":"diamondHands","avatar":"https://static.tigerbbs.com/dc04e09561a7a5cf929c1ad9f33b1d82","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573553598754980","authorIdStr":"3573553598754980"},"themes":[],"htmlText":"Like please","listText":"Like please","text":"Like please","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/696852283","repostId":"1127544468","repostType":4,"isVote":1,"tweetType":1,"viewCount":2275,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":698719153,"gmtCreate":1640534899795,"gmtModify":1640534899998,"author":{"id":"3573553598754980","authorId":"3573553598754980","name":"diamondHands","avatar":"https://static.tigerbbs.com/dc04e09561a7a5cf929c1ad9f33b1d82","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573553598754980","authorIdStr":"3573553598754980"},"themes":[],"htmlText":"Like please","listText":"Like please","text":"Like please","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/698719153","repostId":"2193178197","repostType":4,"isVote":1,"tweetType":1,"viewCount":2205,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":698283456,"gmtCreate":1640406394960,"gmtModify":1640406395111,"author":{"id":"3573553598754980","authorId":"3573553598754980","name":"diamondHands","avatar":"https://static.tigerbbs.com/dc04e09561a7a5cf929c1ad9f33b1d82","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573553598754980","authorIdStr":"3573553598754980"},"themes":[],"htmlText":"Like please","listText":"Like please","text":"Like please","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":11,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/698283456","repostId":"1156159690","repostType":4,"isVote":1,"tweetType":1,"viewCount":2300,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":698066570,"gmtCreate":1640264588051,"gmtModify":1640264588230,"author":{"id":"3573553598754980","authorId":"3573553598754980","name":"diamondHands","avatar":"https://static.tigerbbs.com/dc04e09561a7a5cf929c1ad9f33b1d82","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573553598754980","authorIdStr":"3573553598754980"},"themes":[],"htmlText":"Like please","listText":"Like please","text":"Like please","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/698066570","repostId":"1166026361","repostType":4,"repost":{"id":"1166026361","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":1640263405,"share":"https://www.laohu8.com/m/news/1166026361?lang=zh_CN&edition=full","pubTime":"2021-12-23 20:43","market":"us","language":"en","title":"Kaixin Auto shares jumped more than 16% in premarket trading.<blockquote>开心汽车股价在盘前交易中上涨超过16%。</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1166026361","media":"Tiger Newspress","summary":"Kaixin Auto shares jumped more than 16% in premarket trading.\nKaixin Auto(NASDAQ:KXIN)has reached a ","content":"<p>Kaixin&nbsp;Auto&nbsp;shares&nbsp;jumped&nbsp;more&nbsp;than&nbsp;16%&nbsp;in&nbsp;premarket&nbsp;trading.<img src=\"https://static.tigerbbs.com/92af66fed8c7b8aaf9b64914a2c0f998\" tg-width=\"710\" tg-height=\"611\" width=\"100%\" height=\"auto\"></p><p><blockquote>开心汽车股价在盘前交易中上涨超过16%。</blockquote></p><p> Kaixin Auto(NASDAQ:KXIN)has reached a&nbsp;strategic partnership agreement&nbsp;with Beijing Shencheng Biotechnology Group Limited.</p><p><blockquote>开心汽车（纳斯达克：KXIN）与北京申城生物科技集团有限公司达成战略合作伙伴协议。</blockquote></p><p> Shencheng is a well-known biotechnology company&nbsp;engaged in waste sorting and recycling in China.</p><p><blockquote>申城是国内从事垃圾分类回收的知名生物科技公司。</blockquote></p><p> Under the terms, Shencheng agrees to purchase 10,000 customized new energy trucks from Kaixin over the next 5 years for its environmental protection and resource recycling projects.</p><p><blockquote>根据条款，申城同意在未来5年内向凯鑫购买10,000辆定制新能源卡车，用于其环保和资源循环利用项目。</blockquote></p><p> The total value is around $250 million.</p><p><blockquote>总价值约为2.5亿美元。</blockquote></p><p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Kaixin Auto shares jumped more than 16% in premarket trading.<blockquote>开心汽车股价在盘前交易中上涨超过16%。</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{ 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}\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\">\nKaixin Auto shares jumped more than 16% in premarket trading.<blockquote>开心汽车股价在盘前交易中上涨超过16%。</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\">2021-12-23 20:43</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>Kaixin&nbsp;Auto&nbsp;shares&nbsp;jumped&nbsp;more&nbsp;than&nbsp;16%&nbsp;in&nbsp;premarket&nbsp;trading.<img src=\"https://static.tigerbbs.com/92af66fed8c7b8aaf9b64914a2c0f998\" tg-width=\"710\" tg-height=\"611\" width=\"100%\" height=\"auto\"></p><p><blockquote>开心汽车股价在盘前交易中上涨超过16%。</blockquote></p><p> Kaixin Auto(NASDAQ:KXIN)has reached a&nbsp;strategic partnership agreement&nbsp;with Beijing Shencheng Biotechnology Group Limited.</p><p><blockquote>开心汽车（纳斯达克：KXIN）与北京申城生物科技集团有限公司达成战略合作伙伴协议。</blockquote></p><p> Shencheng is a well-known biotechnology company&nbsp;engaged in waste sorting and recycling in China.</p><p><blockquote>申城是国内从事垃圾分类回收的知名生物科技公司。</blockquote></p><p> Under the terms, Shencheng agrees to purchase 10,000 customized new energy trucks from Kaixin over the next 5 years for its environmental protection and resource recycling projects.</p><p><blockquote>根据条款，申城同意在未来5年内向凯鑫购买10,000辆定制新能源卡车，用于其环保和资源循环利用项目。</blockquote></p><p> The total value is around $250 million.</p><p><blockquote>总价值约为2.5亿美元。</blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"KXIN":"开心控股"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1166026361","content_text":"Kaixin Auto shares jumped more than 16% in premarket trading.\nKaixin Auto(NASDAQ:KXIN)has reached a strategic partnership agreement with Beijing Shencheng Biotechnology Group Limited.\nShencheng is a well-known biotechnology company engaged in waste sorting and recycling in China.\nUnder the terms, Shencheng agrees to purchase 10,000 customized new energy trucks from Kaixin over the next 5 years for its environmental protection and resource recycling projects.\nThe total value is around $250 million.","news_type":1,"symbols_score_info":{"KXIN":0.9}},"isVote":1,"tweetType":1,"viewCount":2063,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":691639701,"gmtCreate":1640180788923,"gmtModify":1640180881505,"author":{"id":"3573553598754980","authorId":"3573553598754980","name":"diamondHands","avatar":"https://static.tigerbbs.com/dc04e09561a7a5cf929c1ad9f33b1d82","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573553598754980","authorIdStr":"3573553598754980"},"themes":[],"htmlText":"Like please","listText":"Like please","text":"Like please","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":10,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/691639701","repostId":"1158577227","repostType":4,"repost":{"id":"1158577227","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":1640178165,"share":"https://www.laohu8.com/m/news/1158577227?lang=zh_CN&edition=full","pubTime":"2021-12-22 21:02","market":"us","language":"en","title":"Toplines Before US Market Open on Wednesday<blockquote>周三美国市场开盘前的顶线</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1158577227","media":"Tiger Newspress","summary":"U.S. stock index futures struggled for direction on Wednesday, cooling off after a day-earlier rally","content":"<p>U.S. stock index futures struggled for direction on Wednesday, cooling off after a day-earlier rally, as worries lingered about the new Omicron variant of the coronavirus and its impact on global economic recovery.</p><p><blockquote>由于对新冠病毒奥密克戎变种及其对全球经济复苏影响的担忧挥之不去，美国股指期货周三难以把握方向，在前一天的反弹后有所降温。</blockquote></p><p> At 8:00 a.m. ET, Dow E-minis were up 42 points, or 0.12%, S&amp;P 500 E-minis were up 1.25 points, or 0.03% and Nasdaq 100 E-minis were down 7.75 points, or 0.05%.</p><p><blockquote>截至美国东部时间上午8:00，道琼斯电子迷你指数上涨42点，涨幅0.12%，标普500电子迷你指数上涨1.25点，涨幅0.03%，纳斯达克100电子迷你指数下跌7.75点，涨幅0.05%。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/512d5749bf54708c7063a6e721fa99f2\" tg-width=\"960\" tg-height=\"329\" width=\"100%\" height=\"auto\"><span>*Source From Tiger Trade, EST 08:00</span></p><p><blockquote><p class=\"t-img-caption\"><span>*来源自Tiger Trade，美国东部时间08:00</span></p></blockquote></p><p> Wall Street's main indexes ended with hefty gains on Tuesday, but few market-moving catalysts and thin volumes in the last two weeks of trading this year are seen aiding higher volatility. The S&amp;P 500 index&nbsp;is up roughly 24% in 2021.</p><p><blockquote>华尔街主要股指周二收盘大幅上涨，但今年最后两周交易中几乎没有推动市场的催化剂和清淡的交易量被视为加剧了波动性。标普500指数在2021年上涨了约24%。</blockquote></p><p> Investors looked for updates on the Omicron variant after Germany, Scotland, Ireland, Portugal, the Netherlands and South Korea re-imposed lockdowns or other curbs.</p><p><blockquote>在德国、苏格兰、爱尔兰、葡萄牙、荷兰和南韩重新实施封锁或其他限制措施后，投资者寻找奥密克戎变体的最新消息。</blockquote></p><p> <b>Stocks making the biggest moves in the premarket:</b></p><p><blockquote><b>盘前涨幅最大的股票：</b></blockquote></p><p> <a href=\"https://laohu8.com/S/KMX\">CarMax</a> (KMX) – The auto retailer’s stock jumped 5.1% in premarket trading after CarMax beat estimates on the top and bottom lines for its latest quarter, as well as posting comparable dealer sales that were above analyst forecasts.</p><p><blockquote><a href=\"https://laohu8.com/S/KMX\">CarMax</a>(KMX)-CarMax最近一个季度的营收和利润超出预期，并且可比经销商销售额也高于分析师预测，该汽车零售商的股价在盘前交易中上涨5.1%。</blockquote></p><p> <a href=\"https://laohu8.com/S/TSLA\">Tesla Motors</a> (TSLA) – Tesla shares rose 3.4% in the premarket after CEO Elon Musk said he has now sold enough stock to reach his goal of selling 10% of his shares. Over that time, however, Musk has actually increased his holdings in Tesla due to the exercising of options.</p><p><blockquote><a href=\"https://laohu8.com/S/TSLA\">特斯拉</a>(TSLA)-特斯拉股价在盘前上涨3.4%，此前首席执行官Elon Musk表示，他现在已经出售了足够的股票，以达到出售10%股份的目标。然而，在那段时间里，由于行使期权，马斯克实际上已经增持了特斯拉。</blockquote></p><p> <a href=\"https://laohu8.com/S/BB\">BlackBerry</a> (BB) – BlackBerry reported a breakeven quarter, on an adjusted basis, compared with analyst forecasts of a 7 cents per share loss. The communications software maker also saw revenue beat estimates, helped by strong demand for cybersecurity products, but current quarter forecasts for those products is shy of some analyst estimates.</p><p><blockquote><a href=\"https://laohu8.com/S/BB\">黑莓</a>(BB)-黑莓报告调整后季度实现盈亏平衡，而分析师预测为每股亏损7美分。得益于对网络安全产品的强劲需求，这家通信软件制造商的收入也超出了预期，但当前季度对这些产品的预测低于一些分析师的预期。</blockquote></p><p> <a href=\"https://laohu8.com/S/CAT\">Caterpillar</a> (CAT) – Caterpillar rose 1.6% in the premarket after Bernstein upgraded the heavy equipment maker’s stock to “outperform” from “market perform.” Bernstein said concerns about a machinery upgrade cycle ending in 2022 are overdone.</p><p><blockquote><a href=\"https://laohu8.com/S/CAT\">毛虫</a>(CAT)-伯恩斯坦将重型设备制造商卡特彼勒的股票评级从“与大盘持平”上调至“跑赢大盘”后，该公司盘前上涨1.6%。伯恩斯坦表示，对机械升级周期将于2022年结束的担忧有些过头了。</blockquote></p><p> <a href=\"https://laohu8.com/S/CAMP\">CalAmp</a> (CAMP) – CalAmp lost an adjusted 8 cents per share for its latest quarter, surprising analysts who had expected a profit of 8 cents per share. The maker of wireless data communications products and software also saw revenue fall short of forecasts, with component shortages a key factor impacting its results. CalAmp plunged 15.7% in premarket action.</p><p><blockquote><a href=\"https://laohu8.com/S/CAMP\">CalAmp</a>（CAMP）——CalAmp最近一个季度调整后每股亏损8美分，令此前预期每股盈利8美分的分析师感到惊讶。这家无线数据通信产品和软件制造商的收入也低于预期，零部件短缺是影响其业绩的关键因素。CalAmp在盘前股价暴跌15.7%。</blockquote></p><p> <a href=\"https://laohu8.com/S/BABA\">Alibaba</a> (BABA) – Alibaba shares fell 4% in the premarket after Atlantic Equities downgraded the Chinese e-commerce company’s stock to “neutral” from “overweight.” The firm cites concerns that Alibaba shopping platforms Tmall and Taobao won’t see improvement in their performances in the near term.</p><p><blockquote><a href=\"https://laohu8.com/S/BABA\">阿里巴巴-SW</a>（阿里巴巴）——大西洋股票将这家中国电子商务公司的股票评级从“跑赢大盘”下调至“中性”后，阿里巴巴-SW股价盘前下跌4%。该公司担心阿里巴巴-SW购物平台天猫和淘宝的业绩短期内不会改善。</blockquote></p><p> <a href=\"https://laohu8.com/S/DRI\">Darden Restaurants</a> (DRI) – Darden Restaurants was upgraded to “buy” from “hold” at Stifel Financial, which pointed to the Olive Garden parent’s upbeat quarterly results last week. The stock had fallen after that report, but Stifel believes that was driven by the announcement that CEO Gene Lee will retire in May. Darden added 1.1% in premarket trading.</p><p><blockquote><a href=\"https://laohu8.com/S/DRI\">达顿餐厅</a>(DRI)-Stifel Financial将Darden Restaurants的评级从“持有”上调至“买入”，这表明Olive Garden母公司上周公布了乐观的季度业绩。该报告发布后，该股下跌，但Stifel认为，这是由首席执行官Gene Lee将于5月退休的消息推动的。达顿在盘前交易中上涨1.1%。</blockquote></p><p> <a href=\"https://laohu8.com/S/WSM\">Williams-Sonoma</a> (WSM) – Williams-Sonoma was upgraded to “buy” from “hold” at Loop Capital, which thinks the household products retailer has a “premier” brand and that the tailwinds provided by the pandemic will continue well into 2022.</p><p><blockquote><a href=\"https://laohu8.com/S/WSM\">威廉姆斯-索诺玛</a>(WSM)——Loop Capital将Williams-Sonoma的评级从“持有”上调至“买入”，该公司认为这家家居用品零售商拥有“顶级”品牌，疫情带来的推动力将持续到2022年。</blockquote></p><p> <a href=\"https://laohu8.com/S/COIN\">Coinbase Global, Inc.</a> (COIN) – The cryptocurrency infrastructure company was named a “top pick” for 2022 at Oppenheimer, which pointed to an accelerating move into the mainstream for digital assets.</p><p><blockquote><a href=\"https://laohu8.com/S/COIN\">比特币基地全球公司。</a>（COIN）-加密货币基础设施公司在奥本海默被评为2022年的“首选”，这表明数字资产正在加速进入主流。</blockquote></p><p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Toplines Before US Market Open on Wednesday<blockquote>周三美国市场开盘前的顶线</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nToplines Before US Market Open on Wednesday<blockquote>周三美国市场开盘前的顶线</blockquote>\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time smaller\">2021-12-22 21:02</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>U.S. stock index futures struggled for direction on Wednesday, cooling off after a day-earlier rally, as worries lingered about the new Omicron variant of the coronavirus and its impact on global economic recovery.</p><p><blockquote>由于对新冠病毒奥密克戎变种及其对全球经济复苏影响的担忧挥之不去，美国股指期货周三难以把握方向，在前一天的反弹后有所降温。</blockquote></p><p> At 8:00 a.m. ET, Dow E-minis were up 42 points, or 0.12%, S&amp;P 500 E-minis were up 1.25 points, or 0.03% and Nasdaq 100 E-minis were down 7.75 points, or 0.05%.</p><p><blockquote>截至美国东部时间上午8:00，道琼斯电子迷你指数上涨42点，涨幅0.12%，标普500电子迷你指数上涨1.25点，涨幅0.03%，纳斯达克100电子迷你指数下跌7.75点，涨幅0.05%。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/512d5749bf54708c7063a6e721fa99f2\" tg-width=\"960\" tg-height=\"329\" width=\"100%\" height=\"auto\"><span>*Source From Tiger Trade, EST 08:00</span></p><p><blockquote><p class=\"t-img-caption\"><span>*来源自Tiger Trade，美国东部时间08:00</span></p></blockquote></p><p> Wall Street's main indexes ended with hefty gains on Tuesday, but few market-moving catalysts and thin volumes in the last two weeks of trading this year are seen aiding higher volatility. The S&amp;P 500 index&nbsp;is up roughly 24% in 2021.</p><p><blockquote>华尔街主要股指周二收盘大幅上涨，但今年最后两周交易中几乎没有推动市场的催化剂和清淡的交易量被视为加剧了波动性。标普500指数在2021年上涨了约24%。</blockquote></p><p> Investors looked for updates on the Omicron variant after Germany, Scotland, Ireland, Portugal, the Netherlands and South Korea re-imposed lockdowns or other curbs.</p><p><blockquote>在德国、苏格兰、爱尔兰、葡萄牙、荷兰和南韩重新实施封锁或其他限制措施后，投资者寻找奥密克戎变体的最新消息。</blockquote></p><p> <b>Stocks making the biggest moves in the premarket:</b></p><p><blockquote><b>盘前涨幅最大的股票：</b></blockquote></p><p> <a href=\"https://laohu8.com/S/KMX\">CarMax</a> (KMX) – The auto retailer’s stock jumped 5.1% in premarket trading after CarMax beat estimates on the top and bottom lines for its latest quarter, as well as posting comparable dealer sales that were above analyst forecasts.</p><p><blockquote><a href=\"https://laohu8.com/S/KMX\">CarMax</a>(KMX)-CarMax最近一个季度的营收和利润超出预期，并且可比经销商销售额也高于分析师预测，该汽车零售商的股价在盘前交易中上涨5.1%。</blockquote></p><p> <a href=\"https://laohu8.com/S/TSLA\">Tesla Motors</a> (TSLA) – Tesla shares rose 3.4% in the premarket after CEO Elon Musk said he has now sold enough stock to reach his goal of selling 10% of his shares. Over that time, however, Musk has actually increased his holdings in Tesla due to the exercising of options.</p><p><blockquote><a href=\"https://laohu8.com/S/TSLA\">特斯拉</a>(TSLA)-特斯拉股价在盘前上涨3.4%，此前首席执行官Elon Musk表示，他现在已经出售了足够的股票，以达到出售10%股份的目标。然而，在那段时间里，由于行使期权，马斯克实际上已经增持了特斯拉。</blockquote></p><p> <a href=\"https://laohu8.com/S/BB\">BlackBerry</a> (BB) – BlackBerry reported a breakeven quarter, on an adjusted basis, compared with analyst forecasts of a 7 cents per share loss. The communications software maker also saw revenue beat estimates, helped by strong demand for cybersecurity products, but current quarter forecasts for those products is shy of some analyst estimates.</p><p><blockquote><a href=\"https://laohu8.com/S/BB\">黑莓</a>(BB)-黑莓报告调整后季度实现盈亏平衡，而分析师预测为每股亏损7美分。得益于对网络安全产品的强劲需求，这家通信软件制造商的收入也超出了预期，但当前季度对这些产品的预测低于一些分析师的预期。</blockquote></p><p> <a href=\"https://laohu8.com/S/CAT\">Caterpillar</a> (CAT) – Caterpillar rose 1.6% in the premarket after Bernstein upgraded the heavy equipment maker’s stock to “outperform” from “market perform.” Bernstein said concerns about a machinery upgrade cycle ending in 2022 are overdone.</p><p><blockquote><a href=\"https://laohu8.com/S/CAT\">毛虫</a>(CAT)-伯恩斯坦将重型设备制造商卡特彼勒的股票评级从“与大盘持平”上调至“跑赢大盘”后，该公司盘前上涨1.6%。伯恩斯坦表示，对机械升级周期将于2022年结束的担忧有些过头了。</blockquote></p><p> <a href=\"https://laohu8.com/S/CAMP\">CalAmp</a> (CAMP) – CalAmp lost an adjusted 8 cents per share for its latest quarter, surprising analysts who had expected a profit of 8 cents per share. The maker of wireless data communications products and software also saw revenue fall short of forecasts, with component shortages a key factor impacting its results. CalAmp plunged 15.7% in premarket action.</p><p><blockquote><a href=\"https://laohu8.com/S/CAMP\">CalAmp</a>（CAMP）——CalAmp最近一个季度调整后每股亏损8美分，令此前预期每股盈利8美分的分析师感到惊讶。这家无线数据通信产品和软件制造商的收入也低于预期，零部件短缺是影响其业绩的关键因素。CalAmp在盘前股价暴跌15.7%。</blockquote></p><p> <a href=\"https://laohu8.com/S/BABA\">Alibaba</a> (BABA) – Alibaba shares fell 4% in the premarket after Atlantic Equities downgraded the Chinese e-commerce company’s stock to “neutral” from “overweight.” The firm cites concerns that Alibaba shopping platforms Tmall and Taobao won’t see improvement in their performances in the near term.</p><p><blockquote><a href=\"https://laohu8.com/S/BABA\">阿里巴巴-SW</a>（阿里巴巴）——大西洋股票将这家中国电子商务公司的股票评级从“跑赢大盘”下调至“中性”后，阿里巴巴-SW股价盘前下跌4%。该公司担心阿里巴巴-SW购物平台天猫和淘宝的业绩短期内不会改善。</blockquote></p><p> <a href=\"https://laohu8.com/S/DRI\">Darden Restaurants</a> (DRI) – Darden Restaurants was upgraded to “buy” from “hold” at Stifel Financial, which pointed to the Olive Garden parent’s upbeat quarterly results last week. The stock had fallen after that report, but Stifel believes that was driven by the announcement that CEO Gene Lee will retire in May. Darden added 1.1% in premarket trading.</p><p><blockquote><a href=\"https://laohu8.com/S/DRI\">达顿餐厅</a>(DRI)-Stifel Financial将Darden Restaurants的评级从“持有”上调至“买入”，这表明Olive Garden母公司上周公布了乐观的季度业绩。该报告发布后，该股下跌，但Stifel认为，这是由首席执行官Gene Lee将于5月退休的消息推动的。达顿在盘前交易中上涨1.1%。</blockquote></p><p> <a href=\"https://laohu8.com/S/WSM\">Williams-Sonoma</a> (WSM) – Williams-Sonoma was upgraded to “buy” from “hold” at Loop Capital, which thinks the household products retailer has a “premier” brand and that the tailwinds provided by the pandemic will continue well into 2022.</p><p><blockquote><a href=\"https://laohu8.com/S/WSM\">威廉姆斯-索诺玛</a>(WSM)——Loop Capital将Williams-Sonoma的评级从“持有”上调至“买入”，该公司认为这家家居用品零售商拥有“顶级”品牌，疫情带来的推动力将持续到2022年。</blockquote></p><p> <a href=\"https://laohu8.com/S/COIN\">Coinbase Global, Inc.</a> (COIN) – The cryptocurrency infrastructure company was named a “top pick” for 2022 at Oppenheimer, which pointed to an accelerating move into the mainstream for digital assets.</p><p><blockquote><a href=\"https://laohu8.com/S/COIN\">比特币基地全球公司。</a>（COIN）-加密货币基础设施公司在奥本海默被评为2022年的“首选”，这表明数字资产正在加速进入主流。</blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite",".DJI":"道琼斯",".SPX":"S&P 500 Index"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1158577227","content_text":"U.S. stock index futures struggled for direction on Wednesday, cooling off after a day-earlier rally, as worries lingered about the new Omicron variant of the coronavirus and its impact on global economic recovery.\nAt 8:00 a.m. ET, Dow E-minis were up 42 points, or 0.12%, S&P 500 E-minis were up 1.25 points, or 0.03% and Nasdaq 100 E-minis were down 7.75 points, or 0.05%.\n*Source From Tiger Trade, EST 08:00\nWall Street's main indexes ended with hefty gains on Tuesday, but few market-moving catalysts and thin volumes in the last two weeks of trading this year are seen aiding higher volatility. The S&P 500 index is up roughly 24% in 2021.\nInvestors looked for updates on the Omicron variant after Germany, Scotland, Ireland, Portugal, the Netherlands and South Korea re-imposed lockdowns or other curbs.\nStocks making the biggest moves in the premarket:\nCarMax (KMX) – The auto retailer’s stock jumped 5.1% in premarket trading after CarMax beat estimates on the top and bottom lines for its latest quarter, as well as posting comparable dealer sales that were above analyst forecasts.\nTesla Motors (TSLA) – Tesla shares rose 3.4% in the premarket after CEO Elon Musk said he has now sold enough stock to reach his goal of selling 10% of his shares. Over that time, however, Musk has actually increased his holdings in Tesla due to the exercising of options.\nBlackBerry (BB) – BlackBerry reported a breakeven quarter, on an adjusted basis, compared with analyst forecasts of a 7 cents per share loss. The communications software maker also saw revenue beat estimates, helped by strong demand for cybersecurity products, but current quarter forecasts for those products is shy of some analyst estimates.\nCaterpillar (CAT) – Caterpillar rose 1.6% in the premarket after Bernstein upgraded the heavy equipment maker’s stock to “outperform” from “market perform.” Bernstein said concerns about a machinery upgrade cycle ending in 2022 are overdone.\nCalAmp (CAMP) – CalAmp lost an adjusted 8 cents per share for its latest quarter, surprising analysts who had expected a profit of 8 cents per share. The maker of wireless data communications products and software also saw revenue fall short of forecasts, with component shortages a key factor impacting its results. CalAmp plunged 15.7% in premarket action.\nAlibaba (BABA) – Alibaba shares fell 4% in the premarket after Atlantic Equities downgraded the Chinese e-commerce company’s stock to “neutral” from “overweight.” The firm cites concerns that Alibaba shopping platforms Tmall and Taobao won’t see improvement in their performances in the near term.\nDarden Restaurants (DRI) – Darden Restaurants was upgraded to “buy” from “hold” at Stifel Financial, which pointed to the Olive Garden parent’s upbeat quarterly results last week. The stock had fallen after that report, but Stifel believes that was driven by the announcement that CEO Gene Lee will retire in May. Darden added 1.1% in premarket trading.\nWilliams-Sonoma (WSM) – Williams-Sonoma was upgraded to “buy” from “hold” at Loop Capital, which thinks the household products retailer has a “premier” brand and that the tailwinds provided by the pandemic will continue well into 2022.\nCoinbase Global, Inc. (COIN) – The cryptocurrency infrastructure company was named a “top pick” for 2022 at Oppenheimer, which pointed to an accelerating move into the mainstream for digital assets.","news_type":1,"symbols_score_info":{"ESmain":0,".IXIC":0,".DJI":0,".SPX":0,"NQmain":0,"YMmain":0}},"isVote":1,"tweetType":1,"viewCount":2094,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":693086802,"gmtCreate":1639928909644,"gmtModify":1639928909793,"author":{"id":"3573553598754980","authorId":"3573553598754980","name":"diamondHands","avatar":"https://static.tigerbbs.com/dc04e09561a7a5cf929c1ad9f33b1d82","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573553598754980","authorIdStr":"3573553598754980"},"themes":[],"htmlText":"Like please","listText":"Like please","text":"Like please","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/693086802","repostId":"2192035909","repostType":4,"isVote":1,"tweetType":1,"viewCount":2304,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":690224670,"gmtCreate":1639671323013,"gmtModify":1639671323148,"author":{"id":"3573553598754980","authorId":"3573553598754980","name":"diamondHands","avatar":"https://static.tigerbbs.com/dc04e09561a7a5cf929c1ad9f33b1d82","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573553598754980","authorIdStr":"3573553598754980"},"themes":[],"htmlText":"Like please","listText":"Like please","text":"Like please","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/690224670","repostId":"1108384523","repostType":4,"repost":{"id":"1108384523","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":1639667369,"share":"https://www.laohu8.com/m/news/1108384523?lang=zh_CN&edition=full","pubTime":"2021-12-16 23:09","market":"us","language":"en","title":"Vir Biotechnology continued to gain over 7% in morning trading after showing neutralizing activity against omicron<blockquote>Vir Biotechnology在显示出对奥密克戎的中和活性后，早盘继续上涨超过7%</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1108384523","media":"Tiger Newspress","summary":"Vir Biotechnology continued to gain over 7% in morning trading after showing neutralizing activity a","content":"<p>Vir Biotechnology continued to gain over 7% in morning trading after showing neutralizing activity against omicron.<img src=\"https://static.tigerbbs.com/07fe5a6b831322eef2c479861ad70527\" tg-width=\"766\" tg-height=\"563\" width=\"100%\" height=\"auto\">The company&nbsp;announced&nbsp;new preclinical data, published to the preprint server&nbsp;bioRxiv, demonstrating the impact of the significant antigenic shift of the new COVID-19 omicron variant (B.1.1.529).&nbsp;</p><p><blockquote>Vir Biotechnology在显示出对奥密克戎的中和活性后，在早盘交易中继续上涨超过7%。该公司宣布了新的临床前数据，发布到预印本服务器bioRxiv，证明了新的COVID-19奥密克戎变种（B.1.1.529）的显著抗原转变的影响。</blockquote></p><p> A significant reduction in plasma neutralizing activity was observed against omicron in sera from vaccinated and convalescent individuals.&nbsp;</p><p><blockquote>在接种疫苗和恢复期个体的血清中观察到针对奥密克戎的血浆中和活性显著降低。</blockquote></p><p> Researchers also tested the in vitro neutralizing activity of 44 monoclonal antibodies (mAbs) (eight of which are currently authorized or approved).&nbsp;</p><p><blockquote>研究人员还测试了44种单克隆抗体（mAb）的体外中和活性（其中8种目前已获得授权或批准）。</blockquote></p><p> Data demonstrate that sotrovimab and five other preclinical mAbs, developed by Vir in conjunction with&nbsp;GlaxoSmithKline plc&nbsp;(NYSE:&nbsp;GSK), retained their in vitro neutralizing activity against omicron.</p><p><blockquote>数据显示，Vir与葛兰素史克公司（纽约证券交易所股票代码：GSK）联合开发的sotrovimab和其他五种临床前单克隆抗体保留了对奥密克戎病的体外中和活性。</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>Vir Biotechnology continued to gain over 7% in morning trading after showing neutralizing activity against omicron<blockquote>Vir Biotechnology在显示出对奥密克戎的中和活性后，早盘继续上涨超过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; 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.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\">\nVir Biotechnology continued to gain over 7% in morning trading after showing neutralizing activity against omicron<blockquote>Vir Biotechnology在显示出对奥密克戎的中和活性后，早盘继续上涨超过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\">2021-12-16 23:09</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>Vir Biotechnology continued to gain over 7% in morning trading after showing neutralizing activity against omicron.<img src=\"https://static.tigerbbs.com/07fe5a6b831322eef2c479861ad70527\" tg-width=\"766\" tg-height=\"563\" width=\"100%\" height=\"auto\">The company&nbsp;announced&nbsp;new preclinical data, published to the preprint server&nbsp;bioRxiv, demonstrating the impact of the significant antigenic shift of the new COVID-19 omicron variant (B.1.1.529).&nbsp;</p><p><blockquote>Vir Biotechnology在显示出对奥密克戎的中和活性后，在早盘交易中继续上涨超过7%。该公司宣布了新的临床前数据，发布到预印本服务器bioRxiv，证明了新的COVID-19奥密克戎变种（B.1.1.529）的显著抗原转变的影响。</blockquote></p><p> A significant reduction in plasma neutralizing activity was observed against omicron in sera from vaccinated and convalescent individuals.&nbsp;</p><p><blockquote>在接种疫苗和恢复期个体的血清中观察到针对奥密克戎的血浆中和活性显著降低。</blockquote></p><p> Researchers also tested the in vitro neutralizing activity of 44 monoclonal antibodies (mAbs) (eight of which are currently authorized or approved).&nbsp;</p><p><blockquote>研究人员还测试了44种单克隆抗体（mAb）的体外中和活性（其中8种目前已获得授权或批准）。</blockquote></p><p> Data demonstrate that sotrovimab and five other preclinical mAbs, developed by Vir in conjunction with&nbsp;GlaxoSmithKline plc&nbsp;(NYSE:&nbsp;GSK), retained their in vitro neutralizing activity against omicron.</p><p><blockquote>数据显示，Vir与葛兰素史克公司（纽约证券交易所股票代码：GSK）联合开发的sotrovimab和其他五种临床前单克隆抗体保留了对奥密克戎病的体外中和活性。</blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"VIR":"Vir Biotechnology, Inc."},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1108384523","content_text":"Vir Biotechnology continued to gain over 7% in morning trading after showing neutralizing activity against omicron.The company announced new preclinical data, published to the preprint server bioRxiv, demonstrating the impact of the significant antigenic shift of the new COVID-19 omicron variant (B.1.1.529). \nA significant reduction in plasma neutralizing activity was observed against omicron in sera from vaccinated and convalescent individuals. \nResearchers also tested the in vitro neutralizing activity of 44 monoclonal antibodies (mAbs) (eight of which are currently authorized or approved). \nData demonstrate that sotrovimab and five other preclinical mAbs, developed by Vir in conjunction with GlaxoSmithKline plc (NYSE: GSK), retained their in vitro neutralizing activity against omicron.","news_type":1,"symbols_score_info":{"VIR":0.9}},"isVote":1,"tweetType":1,"viewCount":740,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":607068419,"gmtCreate":1639459430672,"gmtModify":1639459430800,"author":{"id":"3573553598754980","authorId":"3573553598754980","name":"diamondHands","avatar":"https://static.tigerbbs.com/dc04e09561a7a5cf929c1ad9f33b1d82","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573553598754980","authorIdStr":"3573553598754980"},"themes":[],"htmlText":"Like please","listText":"Like please","text":"Like please","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/607068419","repostId":"1119480728","repostType":4,"repost":{"id":"1119480728","kind":"news","pubTimestamp":1639459363,"share":"https://www.laohu8.com/m/news/1119480728?lang=zh_CN&edition=full","pubTime":"2021-12-14 13:22","market":"us","language":"en","title":"Disney: All Subscribers Are Not Created Equal<blockquote>迪士尼：并非所有订阅者生来平等</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1119480728","media":"Seeking Alpha","summary":"Summary\n\nQQQ has easily beaten DIS whereas SPY has done about the same.\nDIS has not fully bounced ba","content":"<p><b>Summary</b></p><p><blockquote><b>总结</b></blockquote></p><p> <ul>  <li>QQQ has easily beaten DIS whereas SPY has done about the same.</li>  <li>DIS has not fully bounced back from 2020 but it's certainly healing.</li>  <li>DIS is far more like NFLX than MSFT or ADBE, despite any discussion or comparisons related to subscriber growth and associated metrics.</li>  <li>DIS has been far less of a growth stock than&nbsp;NFLX, MSFT, and ADBE.</li> </ul> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/db18b8191ffe57bbd7ff43b3b4de329b\" tg-width=\"1536\" tg-height=\"1024\" width=\"100%\" height=\"auto\"><span>Marvin Samuel Tolentino Pineda/iStock Editorial via Getty Images</span></p><p><blockquote><ul><li>QQQ轻松击败了DIS，而SPDR标普500指数ETF也做了同样的事情。</li><li>DIS尚未从2020年完全反弹，但肯定正在愈合。</li><li>尽管存在与用户增长和相关指标相关的任何讨论或比较，但DIS更像NFLX，而不是MSFT或ADBE。</li><li>与NFLX、MSFT和ADBE相比，DIS远不是一只成长型股票。</li></ul><p class=\"t-img-caption\"><span>马文·塞缪尔·托伦蒂诺·皮内达/iStock社论来自Getty Images</span></p></blockquote></p><p> <b>Background</b></p><p><blockquote><b>背景</b></blockquote></p><p> I've owned Disney (DIS) since early 2016. I greatly enjoy DIS products and services. I am reasonably pleased with DIS stock performance.</p><p><blockquote>我自2016年初以来一直拥有迪士尼(DIS)。我非常喜欢DIS的产品和服务。我对DIS股票的表现相当满意。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/58048f15fcf1af89506563ab33f6e301\" tg-width=\"635\" tg-height=\"417\" width=\"100%\" height=\"auto\"><span>Data by YCharts</span></p><p><blockquote><p class=\"t-img-caption\"><span>数据来自YCharts</span></p></blockquote></p><p> 53% gains in 5 years isn't terrible but it's not spectacular either. For added perspective, let's quickly compare DIS with the S&amp;P 500 (SPY) and the Nasdaq 100 (QQQ) over 10 years or so.</p><p><blockquote>5年内53%的涨幅并不可怕，但也不引人注目。为了增加视角，让我们快速将DIS与标普500（SPDR标普500指数ETF）和纳斯达克100（QQQ）进行10年左右的比较。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/de2cb75ad2becfcf9268f372150a7698\" tg-width=\"635\" tg-height=\"450\" width=\"100%\" height=\"auto\"><span>Data by YCharts</span></p><p><blockquote><p class=\"t-img-caption\"><span>数据来自YCharts</span></p></blockquote></p><p> As you can see, I zoomed out for a bigger picture view of things. Clearly, QQQ has crushed DIS. Over the same time, DIS has done about as well as SPY. It's clear the 2020 was rough on the price of DIS stock. However, it was also an incredible pivot opportunity for the business with Disney Plus, the streaming home of Disney, Pixar, Marvel, Star Wars, National Geographic, and way more.</p><p><blockquote>如你所见，我缩小了以获得更大的图片视图。显然，QQQ已经碾压了DIS。与此同时，DIS的表现与SPDR标普500指数ETF不相上下。很明显，2020年对DIS股票的价格来说是艰难的。然而，这也是Disney Plus业务的一个令人难以置信的关键机会，Disney Plus是迪士尼、皮克斯、漫威、星球大战、国家地理等的流媒体之家。</blockquote></p><p> <b>Business Model Update</b></p><p><blockquote><b>商业模式更新</b></blockquote></p><p> It's clear that DIS has been incredibly focused on subscribers for Disney Plus. Here's a quick peek, from the&nbsp;Q4 2021 Earnings Call:</p><p><blockquote>很明显，DIS非常关注Disney Plus的订户。以下是2021年第四季度收益看涨期权的快速浏览：</blockquote></p><p>   On the Direct-to-Consumer side, we are extremely pleased with the success of our portfolio streaming services. Disney+, ESPN+ and Hulu continue to perform incredibly well with a 118.1 million, 17.1 million, and 43.8 million subscribers, respectively, for a total of a 179 million subscriptions. To put this growth in perspective, in the past fiscal year alone, we have grown the total number of subscriptions across our DTC portfolio by 48%, and Disney+ subs in particular by 60%.  Now, here's the good news and bad news. DIS leadership is planning to reach 230 million to 260 million paid subscribers globally by the end of fiscal year 2024. Obviously, that's phenomenal growth and investors should cheer. However, the dark side is that this growth isn't free.<b>DIS doesn't expect their portfolio of streaming services to reach profitability until 2024.</b>Ouch.</p><p><blockquote>在直接面向消费者方面，我们对我们组合流媒体服务的成功感到非常高兴。Disney+、ESPN+和Hulu继续表现出色，分别拥有1.181亿、1710万和4380万订阅用户，订阅总数为1.79亿。从这个角度来看，仅在上一财年，我们的DTC产品组合的订阅总数就增长了48%，尤其是Disney+订阅增长了60%。现在，这是好消息和坏消息。DIS领导层计划到2024财年末，全球付费用户数量达到2.3亿至2.6亿。显然，这是惊人的增长，投资者应该欢呼。然而，阴暗面是这种增长不是免费的。<b>DIS预计他们的流媒体服务组合要到2024年才能实现盈利。</b>哎哟。</blockquote></p><p> The key point is that DIS is not simply bolting on Disney Plus, ESPN Plus, Hulu and so on, and adding profits to the bottom line. Instead, getting to this current level of subscribers has been chewing up time and resources. And, it'll be nasty for years. The investment will drain resources. More about this later.</p><p><blockquote>关键是，DIS并不是简单地抢占Disney Plus、ESPN Plus、Hulu等，为底线增加利润。相反，达到目前的用户水平一直在消耗时间和资源。而且，这将会持续很多年。这项投资会耗尽资源。稍后会详细介绍。</blockquote></p><p> Of course, very long term investors can cheer. DIS literally has the best intellectual media assets in the world. Really, there isn't any company even close. The library is amazing, huge, and growing.See for yourself.</p><p><blockquote>当然，长期投资者可以欢呼。DIS拥有世界上最好的知识媒体资产。真的，附近没有任何公司。这个图书馆很棒，很大，而且还在增长。你自己看吧。</blockquote></p><p> As a quick aside, most people, and most analysts expected a bigger \"snap back\" from 2020, especially in relation to park visits and related activity. For example, here's what we learned about&nbsp;attendance in August 2021:</p><p><blockquote>顺便说一句，大多数人和大多数分析师预计2020年将出现更大的“snap回归”，特别是在公园参观和相关活动方面。例如，以下是我们了解到的2021年8月的出勤情况：</blockquote></p><p>   Disney world does not share its actual capacity nor the number of attendees they get daily. But as stated above, the estimated number of average daily attendees was 57,000 before the pandemic started. So, at present, it might be welcoming a maximum of 35,000 guests daily&nbsp;  <b>running with a 35% capacity</b>. [Emphasis: Author]  Big picture, I'm not too worried about the parks and related real-world experiences offered by DIS. It might take longer to get running at full steam, but DIS can do it. I'm a bit more concerned that investors are expecting too much from DIS streaming services, without fully considering the costs. This is especially true for short term investors and speculators.</p><p><blockquote>迪士尼世界不分享它的实际容量，也不分享他们每天的与会者人数。但如上所述，在疫情开始之前，估计日均出席人数为57,000人。因此，目前，它可能每天最多接待35,000名客人<b>以35%的容量运行</b>.[强调：作者]总的来说，我不太担心DIS提供的公园和相关的现实世界体验。全速运行可能需要更长的时间，但DIS可以做到。我更担心的是，投资者对DIS流媒体服务期望过高，而没有充分考虑成本。对于短期投资者和投机者来说尤其如此。</blockquote></p><p> <b>Disney Is Not Microsoft or Adobe</b></p><p><blockquote><b>迪斯尼不是微软或Adobe</b></blockquote></p><p> Analysts like to compare DIS to enterprise software companies,<i>as if all subscribers are created equal</i>. Let's consider two incredible businesses. Both Microsoft (MSFT) and Adobe (ADBE) have done exceptionally well in recent years, compared to DIS.</p><p><blockquote>分析师喜欢将DIS比作企业软件公司，<i>好像所有订户都是平等的</i>.让我们考虑两个令人难以置信的业务。与DIS相比，微软(MSFT)和Adobe(ADBE)近年来的表现都非常出色。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/247db57795d4cce4d0d919346b84c7f2\" tg-width=\"635\" tg-height=\"450\" width=\"100%\" height=\"auto\"><span>Data by YCharts</span></p><p><blockquote><p class=\"t-img-caption\"><span>数据来自YCharts</span></p></blockquote></p><p> Clearly, MSFT and ADBE have trounced DIS. In part, here's why:</p><p><blockquote>显然，MSFT和ADBE已经击败了DIS。部分原因如下：</blockquote></p><p></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/f90248d3aef70628dea5b4029b79b516\" tg-width=\"635\" tg-height=\"450\" width=\"100%\" height=\"auto\"><span>Data by YCharts</span></p><p><blockquote><p class=\"t-img-caption\"><span>数据来自YCharts</span></p></blockquote></p><p> P/S for both MSFT and ADBE has roughly doubled. At a high level, prices are moving up faster than revenue generated for MSFT and ADBE. Meanwhile, investors place less value on DIS revenue. DIS has pretty much moved sideways.</p><p><blockquote>MSFT和ADBE的市盈率都大约翻了一番。在高水平上，价格的上涨速度快于MSFT和ADBE产生的收入。与此同时，投资者对DIS收入的重视程度较低。DIS几乎已经横向移动。</blockquote></p><p> Let's talk some real numbers. MSFT has grown earnings by 17% per year over the last 10 years. In 2015, EPS was $2.63 and in 2021 it's about $8. ADBE has grown earnings by about 29% per year over the last 10 years. In 2015, EPS was $2.08 and it's expected to hit a staggering $12.46 this year. Meanwhile, here's how DIS looks:</p><p><blockquote>我们来谈谈一些真实的数字。过去10年，MSFT的盈利每年增长17%。2015年，每股收益为2.63美元，2021年约为8美元。过去10年，ADBE的盈利每年增长约29%。2015年，每股收益为2.08美元，预计今年将达到惊人的12.46美元。同时，DIS的外观如下：</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/cbb56eaa4d09a70ca4f320a0e111896b\" tg-width=\"640\" tg-height=\"366\" width=\"100%\" height=\"auto\"><span>Source: FASTgraphs</span></p><p><blockquote><p class=\"t-img-caption\"><span>资料来源：FASTgraphs</span></p></blockquote></p><p> EPS might get back to 2015 levels in 2023. The dividend was killed off. DIS share price is dramatically higher, even now, compared to earnings. There's a lot of pain in this chart.</p><p><blockquote>每股收益可能会在2023年恢复到2015年的水平。股息被取消了。即使是现在，与盈利相比，DIS的股价也要高得多。这张图表里有很多痛苦。</blockquote></p><p> All if this isn't to bash DIS or to imply that the products or business is terrible. The DIS brand is pristine. Leadership is strong. The company isn't going to suddenly fall off the face of the Earth.<i>The business is amazing</i>.</p><p><blockquote>如果这不是为了抨击DIS或暗示产品或业务很糟糕的话。DIS品牌是原始的。领导力强。该公司不会突然从地球上消失。<i>生意很惊人</i>.</blockquote></p><p> <b>All Subscribers Are Not Created Equal</b></p><p><blockquote><b>并非所有订户都是平等的</b></blockquote></p><p> I'm not too keen to do this, but here's Netflix (NFLX) versus DIS.</p><p><blockquote>我不太热衷于这样做，但这是Netflix(NFLX)与DIS的对比。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/55b99727d2cfebd285167f115f4387ae\" tg-width=\"635\" tg-height=\"433\" width=\"100%\" height=\"auto\"><span>Data by YCharts</span></p><p><blockquote><p class=\"t-img-caption\"><span>数据来自YCharts</span></p></blockquote></p><p> The only point I want to make is that NFLX shareholders have done far better than DIS shareholders. And, for a different perspective, here's how $10K would have done over the last five years.</p><p><blockquote>我唯一想说的是，NFLX股东的表现远远好于DIS股东。从不同的角度来看，以下是1万美元在过去五年中的表现。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/4539b42cb1304e691ad2b38dbcbf4c2d\" tg-width=\"635\" tg-height=\"467\" width=\"100%\" height=\"auto\"><span>Data by YCharts</span></p><p><blockquote><p class=\"t-img-caption\"><span>数据来自YCharts</span></p></blockquote></p><p> It's very hard for me to say that DIS is \"on sale\" when I look at the relatively flat performance over the last five years. While I think of DIS as a growth stock,<i>it's less of a growth stock</i>&nbsp;than NFLX, MSFT, and ADBE.</p><p><blockquote>当我看到过去五年相对平淡的表现时，我很难说DIS正在“打折”。虽然我认为DIS是一只成长型股票，<i>它不是成长型股票</i>比NFLX、MSFT和ADBE。</blockquote></p><p> In large part, I believe this is all about our definition of subscribers. I'll come back to that in a second. First, feast your eyes on this:</p><p><blockquote>在很大程度上，我相信这就是我们对订户的定义。我一会儿会回到这个话题。首先，大饱眼福：</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/3dfdf6d35c4eba3617e6fec280f09282\" tg-width=\"635\" tg-height=\"467\" width=\"100%\" height=\"auto\"><span>Data by YCharts</span></p><p><blockquote><p class=\"t-img-caption\"><span>数据来自YCharts</span></p></blockquote></p><p> What you're seeing is profit margin for DIS, NFLX, MSFT and ADBE. Quite frankly, this paints a damning picture of DIS, especially since 2020. What's most impressive, on the other hand, is how MSFT and ADBE have had has consistently high and growing profit margins. I've got to say, I'm actually a bit surprised that NFLX just keeps getting stronger and stronger in this department as well.</p><p><blockquote>您看到的是DIS、NFLX、MSFT和ADBE的利润率。坦率地说，这为DIS描绘了一幅糟糕的画面，尤其是自2020年以来。另一方面，最令人印象深刻的是MSFT和ADBE的利润率一直很高且不断增长。我不得不说，我实际上有点惊讶NFLX在这个部门也变得越来越强大。</blockquote></p><p> By the way, as a sidebar, it's easy to complain about the NFLX P/E ratio. It's over 50 right now. But, at the same time, DIS is at 37, MSFT is at 37, and ADBE is at 52. In that respect, they are all quite overvalued.</p><p><blockquote>顺便说一句，作为侧边栏，很容易抱怨NFLX市盈率。现在已经50多了。但与此同时，DIS为37，MSFT为37，ADBE为52。在这方面，它们都被高估了。</blockquote></p><p> <b>Wrap Up</b></p><p><blockquote><b>总结</b></blockquote></p><p> Now, here are my biggest points. NFLX has spent more than DIS on content and also has first mover advantage, loyalty and entrenchment. Many people have both NFLX and DIS, so I see less of a \"war\" than most people. Furthermore, it appears that NFLX has done an outstanding operational job, and their capital allocation has been strong. It's hard to look at this chart and dismiss NFLX. Clearly, it's a well-run company.</p><p><blockquote>现在，以下是我最大的观点。NFLX在内容上的支出超过了DIS，并且还拥有先发优势、忠诚度和巩固地位。很多人都有NFLX和DIS，所以我比大多数人看到的“战争”更少。此外，NFLX的运营工作似乎非常出色，他们的资本配置也很强劲。看着这张图表，很难忽视NFLX。显然，这是一家运营良好的公司。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/37c9d98acfdd8206fa2c0323144db713\" tg-width=\"635\" tg-height=\"450\" width=\"100%\" height=\"auto\"><span>Data by YCharts</span></p><p><blockquote><p class=\"t-img-caption\"><span>数据来自YCharts</span></p></blockquote></p><p> This next chart is extremely noisy, but you can scroll down and see the truth with your own two eyes. DIS has rather poor ROE, ROA and ROIC compared to NFLX, MSFT and ADBE.</p><p><blockquote>下一张图表非常嘈杂，但你可以向下滚动，用你自己的两只眼睛看到真相。与NFLX、MSFT和ADBE相比，DIS的ROE、ROA和ROIC相当差。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/e5aaf232d38eaceea4d9621f81a7a92f\" tg-width=\"635\" tg-height=\"603\" width=\"100%\" height=\"auto\"><span>Data by YCharts</span></p><p><blockquote><p class=\"t-img-caption\"><span>数据来自YCharts</span></p></blockquote></p><p> To be fair, DIS was doing a pretty good job through early 2019. However, very importantly,<i>the drops appear to have started before 2020</i>. We cannot blame the pandemic for the decline in ROE, ROA and ROIC.</p><p><blockquote>公平地说，DIS在2019年初做得相当不错。然而，非常重要的是，<i>下降似乎在2020年之前就开始了</i>我们不能将ROE、ROA和ROIC的下降归咎于疫情。</blockquote></p><p> To be clear,DIS is going to be going gangbusters on content.</p><p><blockquote>需要明确的是，DIS将在内容上大放异彩。</blockquote></p><p>   Disney plans to increase its overall content spend to around $33bn in 2022, marking an $8bn rise from the previous year.  Furthermore, the idea is that DIS will be&nbsp;rapidly growing the subscriber base.</p><p><blockquote>迪士尼计划在2022年将其整体内容支出增加至330亿美元左右，比上一年增加80亿美元。此外，这个想法是DIS将迅速扩大用户群。</blockquote></p><p></p><p>   Disney+ is expected to add 140 million subscribers between 2021 and 2026 to take its total to 271 million. Netflix, meanwhile, will add 53 million subscribers through the same period, taking it to a 2026 total of 275 million.  In short, DIS isn't about to be left in the dust by NFLX. Something like 60 unscripted series, 30 comedy series and 25 drama shows will be produced. There's really too much to list here. Money is being put to work by DIS.</p><p><blockquote>Disney+预计在2021年至2026年间将增加1.4亿订阅用户，使其总数达到2.71亿。与此同时，Netflix同期将增加5300万订阅用户，使其到2026年订阅用户总数达到2.75亿。简而言之，DIS不会被NFLX远远甩在身后。大约60部无剧本系列、30部喜剧系列和25部戏剧将被制作出来。这里真的有太多了，无法一一列举。DIS正在投入资金。</blockquote></p><p> Now, shifting gears, I have to say that both MSFT and ADBE have dramatically different types of subscribers. DIS and NFLX satisfy entertainment desires. These are wants,<i>not needs</i>.</p><p><blockquote>现在，换个角度，我不得不说MSFT和ADBE的订户类型截然不同。DIS和NFLX满足娱乐欲望。这些都是需求，<i>不需要</i>.</blockquote></p><p> Here's a good way to&nbsp;think about MSFT and ADBE:</p><p><blockquote>以下是思考MSFT和ADBE的好方法：</blockquote></p><p>   Both companies armed businesses big and small with the tools needed to stay in business since the pandemic. As the world moved to virtual work and school, PDFs with virtual signatures and Word docs with important information became standard.  In other words, MSFT and ADBE subscribers aren't \"addicted\" to the software, as much as they are<i>required to use it to do work</i>. When your job is on the line, you've got to be using industry standard tools. Furthermore, both NFLX and DIS are B2C whereas MSFT and ADBE are B2B. It's almost impossible to compare these companies, in terms of subscribers. Sure, we can discuss subscriber counts, subscriber growth, and so forth. But, MSFT and ADBE provide software to companies, and users must use those tools. They are sticky out of necessity, not mere desire. Therefore, let's all be very careful about how we think about DIS, and how we make comparisons.</p><p><blockquote>自大流行以来，两家公司都为大大小小的企业提供了维持业务所需的工具。随着世界转向虚拟工作和学校，带有虚拟签名的PDF和包含重要信息的Word文档成为标准。换句话说，MSFT和ADBE的用户并不像他们那样对软件“上瘾”<i>需要用它来做工作</i>.当你的工作岌岌可危时，你必须使用行业标准的工具。此外，NFLX和DIS都是B2C，而MSFT和ADBE是B2B。就订户而言，几乎不可能比较这些公司。当然，我们可以讨论用户数量、用户增长等等。但是，MSFT和ADBE向公司提供软件，用户必须使用这些工具。它们粘在一起是出于需要，而不仅仅是欲望。因此，让我们都非常小心我们如何看待DIS，以及我们如何进行比较。</blockquote></p><p> Putting all of this together, I still believe that DIS is a wonderful business. However, I would be cautious about adding a ton, especially if that decision is based on dazzling subscriber growth, or incredible content development. At this point, I see DIS as a reasonable hold.</p><p><blockquote>综上所述，我仍然相信DIS是一项出色的业务。然而，我会对增加一吨持谨慎态度，特别是如果这个决定是基于令人眼花缭乱的订户增长或令人难以置信的内容开发。在这一点上，我认为DIS是合理的持有。</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>Disney: All Subscribers Are Not Created Equal<blockquote>迪士尼：并非所有订阅者生来平等</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\">\nDisney: All Subscribers Are Not Created Equal<blockquote>迪士尼：并非所有订阅者生来平等</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Seeking Alpha</strong><span class=\"h-time small\">2021-12-14 13:22</span>\n</p>\n</h4>\n</header>\n<article>\n<p><b>Summary</b></p><p><blockquote><b>总结</b></blockquote></p><p> <ul>  <li>QQQ has easily beaten DIS whereas SPY has done about the same.</li>  <li>DIS has not fully bounced back from 2020 but it's certainly healing.</li>  <li>DIS is far more like NFLX than MSFT or ADBE, despite any discussion or comparisons related to subscriber growth and associated metrics.</li>  <li>DIS has been far less of a growth stock than&nbsp;NFLX, MSFT, and ADBE.</li> </ul> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/db18b8191ffe57bbd7ff43b3b4de329b\" tg-width=\"1536\" tg-height=\"1024\" width=\"100%\" height=\"auto\"><span>Marvin Samuel Tolentino Pineda/iStock Editorial via Getty Images</span></p><p><blockquote><ul><li>QQQ轻松击败了DIS，而SPDR标普500指数ETF也做了同样的事情。</li><li>DIS尚未从2020年完全反弹，但肯定正在愈合。</li><li>尽管存在与用户增长和相关指标相关的任何讨论或比较，但DIS更像NFLX，而不是MSFT或ADBE。</li><li>与NFLX、MSFT和ADBE相比，DIS远不是一只成长型股票。</li></ul><p class=\"t-img-caption\"><span>马文·塞缪尔·托伦蒂诺·皮内达/iStock社论来自Getty Images</span></p></blockquote></p><p> <b>Background</b></p><p><blockquote><b>背景</b></blockquote></p><p> I've owned Disney (DIS) since early 2016. I greatly enjoy DIS products and services. I am reasonably pleased with DIS stock performance.</p><p><blockquote>我自2016年初以来一直拥有迪士尼(DIS)。我非常喜欢DIS的产品和服务。我对DIS股票的表现相当满意。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/58048f15fcf1af89506563ab33f6e301\" tg-width=\"635\" tg-height=\"417\" width=\"100%\" height=\"auto\"><span>Data by YCharts</span></p><p><blockquote><p class=\"t-img-caption\"><span>数据来自YCharts</span></p></blockquote></p><p> 53% gains in 5 years isn't terrible but it's not spectacular either. For added perspective, let's quickly compare DIS with the S&amp;P 500 (SPY) and the Nasdaq 100 (QQQ) over 10 years or so.</p><p><blockquote>5年内53%的涨幅并不可怕，但也不引人注目。为了增加视角，让我们快速将DIS与标普500（SPDR标普500指数ETF）和纳斯达克100（QQQ）进行10年左右的比较。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/de2cb75ad2becfcf9268f372150a7698\" tg-width=\"635\" tg-height=\"450\" width=\"100%\" height=\"auto\"><span>Data by YCharts</span></p><p><blockquote><p class=\"t-img-caption\"><span>数据来自YCharts</span></p></blockquote></p><p> As you can see, I zoomed out for a bigger picture view of things. Clearly, QQQ has crushed DIS. Over the same time, DIS has done about as well as SPY. It's clear the 2020 was rough on the price of DIS stock. However, it was also an incredible pivot opportunity for the business with Disney Plus, the streaming home of Disney, Pixar, Marvel, Star Wars, National Geographic, and way more.</p><p><blockquote>如你所见，我缩小了以获得更大的图片视图。显然，QQQ已经碾压了DIS。与此同时，DIS的表现与SPDR标普500指数ETF不相上下。很明显，2020年对DIS股票的价格来说是艰难的。然而，这也是Disney Plus业务的一个令人难以置信的关键机会，Disney Plus是迪士尼、皮克斯、漫威、星球大战、国家地理等的流媒体之家。</blockquote></p><p> <b>Business Model Update</b></p><p><blockquote><b>商业模式更新</b></blockquote></p><p> It's clear that DIS has been incredibly focused on subscribers for Disney Plus. Here's a quick peek, from the&nbsp;Q4 2021 Earnings Call:</p><p><blockquote>很明显，DIS非常关注Disney Plus的订户。以下是2021年第四季度收益看涨期权的快速浏览：</blockquote></p><p>   On the Direct-to-Consumer side, we are extremely pleased with the success of our portfolio streaming services. Disney+, ESPN+ and Hulu continue to perform incredibly well with a 118.1 million, 17.1 million, and 43.8 million subscribers, respectively, for a total of a 179 million subscriptions. To put this growth in perspective, in the past fiscal year alone, we have grown the total number of subscriptions across our DTC portfolio by 48%, and Disney+ subs in particular by 60%.  Now, here's the good news and bad news. DIS leadership is planning to reach 230 million to 260 million paid subscribers globally by the end of fiscal year 2024. Obviously, that's phenomenal growth and investors should cheer. However, the dark side is that this growth isn't free.<b>DIS doesn't expect their portfolio of streaming services to reach profitability until 2024.</b>Ouch.</p><p><blockquote>在直接面向消费者方面，我们对我们组合流媒体服务的成功感到非常高兴。Disney+、ESPN+和Hulu继续表现出色，分别拥有1.181亿、1710万和4380万订阅用户，订阅总数为1.79亿。从这个角度来看，仅在上一财年，我们的DTC产品组合的订阅总数就增长了48%，尤其是Disney+订阅增长了60%。现在，这是好消息和坏消息。DIS领导层计划到2024财年末，全球付费用户数量达到2.3亿至2.6亿。显然，这是惊人的增长，投资者应该欢呼。然而，阴暗面是这种增长不是免费的。<b>DIS预计他们的流媒体服务组合要到2024年才能实现盈利。</b>哎哟。</blockquote></p><p> The key point is that DIS is not simply bolting on Disney Plus, ESPN Plus, Hulu and so on, and adding profits to the bottom line. Instead, getting to this current level of subscribers has been chewing up time and resources. And, it'll be nasty for years. The investment will drain resources. More about this later.</p><p><blockquote>关键是，DIS并不是简单地抢占Disney Plus、ESPN Plus、Hulu等，为底线增加利润。相反，达到目前的用户水平一直在消耗时间和资源。而且，这将会持续很多年。这项投资会耗尽资源。稍后会详细介绍。</blockquote></p><p> Of course, very long term investors can cheer. DIS literally has the best intellectual media assets in the world. Really, there isn't any company even close. The library is amazing, huge, and growing.See for yourself.</p><p><blockquote>当然，长期投资者可以欢呼。DIS拥有世界上最好的知识媒体资产。真的，附近没有任何公司。这个图书馆很棒，很大，而且还在增长。你自己看吧。</blockquote></p><p> As a quick aside, most people, and most analysts expected a bigger \"snap back\" from 2020, especially in relation to park visits and related activity. For example, here's what we learned about&nbsp;attendance in August 2021:</p><p><blockquote>顺便说一句，大多数人和大多数分析师预计2020年将出现更大的“snap回归”，特别是在公园参观和相关活动方面。例如，以下是我们了解到的2021年8月的出勤情况：</blockquote></p><p>   Disney world does not share its actual capacity nor the number of attendees they get daily. But as stated above, the estimated number of average daily attendees was 57,000 before the pandemic started. So, at present, it might be welcoming a maximum of 35,000 guests daily&nbsp;  <b>running with a 35% capacity</b>. [Emphasis: Author]  Big picture, I'm not too worried about the parks and related real-world experiences offered by DIS. It might take longer to get running at full steam, but DIS can do it. I'm a bit more concerned that investors are expecting too much from DIS streaming services, without fully considering the costs. This is especially true for short term investors and speculators.</p><p><blockquote>迪士尼世界不分享它的实际容量，也不分享他们每天的与会者人数。但如上所述，在疫情开始之前，估计日均出席人数为57,000人。因此，目前，它可能每天最多接待35,000名客人<b>以35%的容量运行</b>.[强调：作者]总的来说，我不太担心DIS提供的公园和相关的现实世界体验。全速运行可能需要更长的时间，但DIS可以做到。我更担心的是，投资者对DIS流媒体服务期望过高，而没有充分考虑成本。对于短期投资者和投机者来说尤其如此。</blockquote></p><p> <b>Disney Is Not Microsoft or Adobe</b></p><p><blockquote><b>迪斯尼不是微软或Adobe</b></blockquote></p><p> Analysts like to compare DIS to enterprise software companies,<i>as if all subscribers are created equal</i>. Let's consider two incredible businesses. Both Microsoft (MSFT) and Adobe (ADBE) have done exceptionally well in recent years, compared to DIS.</p><p><blockquote>分析师喜欢将DIS比作企业软件公司，<i>好像所有订户都是平等的</i>.让我们考虑两个令人难以置信的业务。与DIS相比，微软(MSFT)和Adobe(ADBE)近年来的表现都非常出色。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/247db57795d4cce4d0d919346b84c7f2\" tg-width=\"635\" tg-height=\"450\" width=\"100%\" height=\"auto\"><span>Data by YCharts</span></p><p><blockquote><p class=\"t-img-caption\"><span>数据来自YCharts</span></p></blockquote></p><p> Clearly, MSFT and ADBE have trounced DIS. In part, here's why:</p><p><blockquote>显然，MSFT和ADBE已经击败了DIS。部分原因如下：</blockquote></p><p></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/f90248d3aef70628dea5b4029b79b516\" tg-width=\"635\" tg-height=\"450\" width=\"100%\" height=\"auto\"><span>Data by YCharts</span></p><p><blockquote><p class=\"t-img-caption\"><span>数据来自YCharts</span></p></blockquote></p><p> P/S for both MSFT and ADBE has roughly doubled. At a high level, prices are moving up faster than revenue generated for MSFT and ADBE. Meanwhile, investors place less value on DIS revenue. DIS has pretty much moved sideways.</p><p><blockquote>MSFT和ADBE的市盈率都大约翻了一番。在高水平上，价格的上涨速度快于MSFT和ADBE产生的收入。与此同时，投资者对DIS收入的重视程度较低。DIS几乎已经横向移动。</blockquote></p><p> Let's talk some real numbers. MSFT has grown earnings by 17% per year over the last 10 years. In 2015, EPS was $2.63 and in 2021 it's about $8. ADBE has grown earnings by about 29% per year over the last 10 years. In 2015, EPS was $2.08 and it's expected to hit a staggering $12.46 this year. Meanwhile, here's how DIS looks:</p><p><blockquote>我们来谈谈一些真实的数字。过去10年，MSFT的盈利每年增长17%。2015年，每股收益为2.63美元，2021年约为8美元。过去10年，ADBE的盈利每年增长约29%。2015年，每股收益为2.08美元，预计今年将达到惊人的12.46美元。同时，DIS的外观如下：</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/cbb56eaa4d09a70ca4f320a0e111896b\" tg-width=\"640\" tg-height=\"366\" width=\"100%\" height=\"auto\"><span>Source: FASTgraphs</span></p><p><blockquote><p class=\"t-img-caption\"><span>资料来源：FASTgraphs</span></p></blockquote></p><p> EPS might get back to 2015 levels in 2023. The dividend was killed off. DIS share price is dramatically higher, even now, compared to earnings. There's a lot of pain in this chart.</p><p><blockquote>每股收益可能会在2023年恢复到2015年的水平。股息被取消了。即使是现在，与盈利相比，DIS的股价也要高得多。这张图表里有很多痛苦。</blockquote></p><p> All if this isn't to bash DIS or to imply that the products or business is terrible. The DIS brand is pristine. Leadership is strong. The company isn't going to suddenly fall off the face of the Earth.<i>The business is amazing</i>.</p><p><blockquote>如果这不是为了抨击DIS或暗示产品或业务很糟糕的话。DIS品牌是原始的。领导力强。该公司不会突然从地球上消失。<i>生意很惊人</i>.</blockquote></p><p> <b>All Subscribers Are Not Created Equal</b></p><p><blockquote><b>并非所有订户都是平等的</b></blockquote></p><p> I'm not too keen to do this, but here's Netflix (NFLX) versus DIS.</p><p><blockquote>我不太热衷于这样做，但这是Netflix(NFLX)与DIS的对比。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/55b99727d2cfebd285167f115f4387ae\" tg-width=\"635\" tg-height=\"433\" width=\"100%\" height=\"auto\"><span>Data by YCharts</span></p><p><blockquote><p class=\"t-img-caption\"><span>数据来自YCharts</span></p></blockquote></p><p> The only point I want to make is that NFLX shareholders have done far better than DIS shareholders. And, for a different perspective, here's how $10K would have done over the last five years.</p><p><blockquote>我唯一想说的是，NFLX股东的表现远远好于DIS股东。从不同的角度来看，以下是1万美元在过去五年中的表现。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/4539b42cb1304e691ad2b38dbcbf4c2d\" tg-width=\"635\" tg-height=\"467\" width=\"100%\" height=\"auto\"><span>Data by YCharts</span></p><p><blockquote><p class=\"t-img-caption\"><span>数据来自YCharts</span></p></blockquote></p><p> It's very hard for me to say that DIS is \"on sale\" when I look at the relatively flat performance over the last five years. While I think of DIS as a growth stock,<i>it's less of a growth stock</i>&nbsp;than NFLX, MSFT, and ADBE.</p><p><blockquote>当我看到过去五年相对平淡的表现时，我很难说DIS正在“打折”。虽然我认为DIS是一只成长型股票，<i>它不是成长型股票</i>比NFLX、MSFT和ADBE。</blockquote></p><p> In large part, I believe this is all about our definition of subscribers. I'll come back to that in a second. First, feast your eyes on this:</p><p><blockquote>在很大程度上，我相信这就是我们对订户的定义。我一会儿会回到这个话题。首先，大饱眼福：</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/3dfdf6d35c4eba3617e6fec280f09282\" tg-width=\"635\" tg-height=\"467\" width=\"100%\" height=\"auto\"><span>Data by YCharts</span></p><p><blockquote><p class=\"t-img-caption\"><span>数据来自YCharts</span></p></blockquote></p><p> What you're seeing is profit margin for DIS, NFLX, MSFT and ADBE. Quite frankly, this paints a damning picture of DIS, especially since 2020. What's most impressive, on the other hand, is how MSFT and ADBE have had has consistently high and growing profit margins. I've got to say, I'm actually a bit surprised that NFLX just keeps getting stronger and stronger in this department as well.</p><p><blockquote>您看到的是DIS、NFLX、MSFT和ADBE的利润率。坦率地说，这为DIS描绘了一幅糟糕的画面，尤其是自2020年以来。另一方面，最令人印象深刻的是MSFT和ADBE的利润率一直很高且不断增长。我不得不说，我实际上有点惊讶NFLX在这个部门也变得越来越强大。</blockquote></p><p> By the way, as a sidebar, it's easy to complain about the NFLX P/E ratio. It's over 50 right now. But, at the same time, DIS is at 37, MSFT is at 37, and ADBE is at 52. In that respect, they are all quite overvalued.</p><p><blockquote>顺便说一句，作为侧边栏，很容易抱怨NFLX市盈率。现在已经50多了。但与此同时，DIS为37，MSFT为37，ADBE为52。在这方面，它们都被高估了。</blockquote></p><p> <b>Wrap Up</b></p><p><blockquote><b>总结</b></blockquote></p><p> Now, here are my biggest points. NFLX has spent more than DIS on content and also has first mover advantage, loyalty and entrenchment. Many people have both NFLX and DIS, so I see less of a \"war\" than most people. Furthermore, it appears that NFLX has done an outstanding operational job, and their capital allocation has been strong. It's hard to look at this chart and dismiss NFLX. Clearly, it's a well-run company.</p><p><blockquote>现在，以下是我最大的观点。NFLX在内容上的支出超过了DIS，并且还拥有先发优势、忠诚度和巩固地位。很多人都有NFLX和DIS，所以我比大多数人看到的“战争”更少。此外，NFLX的运营工作似乎非常出色，他们的资本配置也很强劲。看着这张图表，很难忽视NFLX。显然，这是一家运营良好的公司。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/37c9d98acfdd8206fa2c0323144db713\" tg-width=\"635\" tg-height=\"450\" width=\"100%\" height=\"auto\"><span>Data by YCharts</span></p><p><blockquote><p class=\"t-img-caption\"><span>数据来自YCharts</span></p></blockquote></p><p> This next chart is extremely noisy, but you can scroll down and see the truth with your own two eyes. DIS has rather poor ROE, ROA and ROIC compared to NFLX, MSFT and ADBE.</p><p><blockquote>下一张图表非常嘈杂，但你可以向下滚动，用你自己的两只眼睛看到真相。与NFLX、MSFT和ADBE相比，DIS的ROE、ROA和ROIC相当差。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/e5aaf232d38eaceea4d9621f81a7a92f\" tg-width=\"635\" tg-height=\"603\" width=\"100%\" height=\"auto\"><span>Data by YCharts</span></p><p><blockquote><p class=\"t-img-caption\"><span>数据来自YCharts</span></p></blockquote></p><p> To be fair, DIS was doing a pretty good job through early 2019. However, very importantly,<i>the drops appear to have started before 2020</i>. We cannot blame the pandemic for the decline in ROE, ROA and ROIC.</p><p><blockquote>公平地说，DIS在2019年初做得相当不错。然而，非常重要的是，<i>下降似乎在2020年之前就开始了</i>我们不能将ROE、ROA和ROIC的下降归咎于疫情。</blockquote></p><p> To be clear,DIS is going to be going gangbusters on content.</p><p><blockquote>需要明确的是，DIS将在内容上大放异彩。</blockquote></p><p>   Disney plans to increase its overall content spend to around $33bn in 2022, marking an $8bn rise from the previous year.  Furthermore, the idea is that DIS will be&nbsp;rapidly growing the subscriber base.</p><p><blockquote>迪士尼计划在2022年将其整体内容支出增加至330亿美元左右，比上一年增加80亿美元。此外，这个想法是DIS将迅速扩大用户群。</blockquote></p><p></p><p>   Disney+ is expected to add 140 million subscribers between 2021 and 2026 to take its total to 271 million. Netflix, meanwhile, will add 53 million subscribers through the same period, taking it to a 2026 total of 275 million.  In short, DIS isn't about to be left in the dust by NFLX. Something like 60 unscripted series, 30 comedy series and 25 drama shows will be produced. There's really too much to list here. Money is being put to work by DIS.</p><p><blockquote>Disney+预计在2021年至2026年间将增加1.4亿订阅用户，使其总数达到2.71亿。与此同时，Netflix同期将增加5300万订阅用户，使其到2026年订阅用户总数达到2.75亿。简而言之，DIS不会被NFLX远远甩在身后。大约60部无剧本系列、30部喜剧系列和25部戏剧将被制作出来。这里真的有太多了，无法一一列举。DIS正在投入资金。</blockquote></p><p> Now, shifting gears, I have to say that both MSFT and ADBE have dramatically different types of subscribers. DIS and NFLX satisfy entertainment desires. These are wants,<i>not needs</i>.</p><p><blockquote>现在，换个角度，我不得不说MSFT和ADBE的订户类型截然不同。DIS和NFLX满足娱乐欲望。这些都是需求，<i>不需要</i>.</blockquote></p><p> Here's a good way to&nbsp;think about MSFT and ADBE:</p><p><blockquote>以下是思考MSFT和ADBE的好方法：</blockquote></p><p>   Both companies armed businesses big and small with the tools needed to stay in business since the pandemic. As the world moved to virtual work and school, PDFs with virtual signatures and Word docs with important information became standard.  In other words, MSFT and ADBE subscribers aren't \"addicted\" to the software, as much as they are<i>required to use it to do work</i>. When your job is on the line, you've got to be using industry standard tools. Furthermore, both NFLX and DIS are B2C whereas MSFT and ADBE are B2B. It's almost impossible to compare these companies, in terms of subscribers. Sure, we can discuss subscriber counts, subscriber growth, and so forth. But, MSFT and ADBE provide software to companies, and users must use those tools. They are sticky out of necessity, not mere desire. Therefore, let's all be very careful about how we think about DIS, and how we make comparisons.</p><p><blockquote>自大流行以来，两家公司都为大大小小的企业提供了维持业务所需的工具。随着世界转向虚拟工作和学校，带有虚拟签名的PDF和包含重要信息的Word文档成为标准。换句话说，MSFT和ADBE的用户并不像他们那样对软件“上瘾”<i>需要用它来做工作</i>.当你的工作岌岌可危时，你必须使用行业标准的工具。此外，NFLX和DIS都是B2C，而MSFT和ADBE是B2B。就订户而言，几乎不可能比较这些公司。当然，我们可以讨论用户数量、用户增长等等。但是，MSFT和ADBE向公司提供软件，用户必须使用这些工具。它们粘在一起是出于需要，而不仅仅是欲望。因此，让我们都非常小心我们如何看待DIS，以及我们如何进行比较。</blockquote></p><p> Putting all of this together, I still believe that DIS is a wonderful business. However, I would be cautious about adding a ton, especially if that decision is based on dazzling subscriber growth, or incredible content development. At this point, I see DIS as a reasonable hold.</p><p><blockquote>综上所述，我仍然相信DIS是一项出色的业务。然而，我会对增加一吨持谨慎态度，特别是如果这个决定是基于令人眼花缭乱的订户增长或令人难以置信的内容开发。在这一点上，我认为DIS是合理的持有。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://seekingalpha.com/article/4475050-disney-all-subscribers-are-not-created-equal\">Seeking Alpha</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"DIS":"迪士尼"},"source_url":"https://seekingalpha.com/article/4475050-disney-all-subscribers-are-not-created-equal","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1119480728","content_text":"Summary\n\nQQQ has easily beaten DIS whereas SPY has done about the same.\nDIS has not fully bounced back from 2020 but it's certainly healing.\nDIS is far more like NFLX than MSFT or ADBE, despite any discussion or comparisons related to subscriber growth and associated metrics.\nDIS has been far less of a growth stock than NFLX, MSFT, and ADBE.\n\nMarvin Samuel Tolentino Pineda/iStock Editorial via Getty Images\nBackground\nI've owned Disney (DIS) since early 2016. I greatly enjoy DIS products and services. I am reasonably pleased with DIS stock performance.\nData by YCharts\n53% gains in 5 years isn't terrible but it's not spectacular either. For added perspective, let's quickly compare DIS with the S&P 500 (SPY) and the Nasdaq 100 (QQQ) over 10 years or so.\nData by YCharts\nAs you can see, I zoomed out for a bigger picture view of things. Clearly, QQQ has crushed DIS. Over the same time, DIS has done about as well as SPY. It's clear the 2020 was rough on the price of DIS stock. However, it was also an incredible pivot opportunity for the business with Disney Plus, the streaming home of Disney, Pixar, Marvel, Star Wars, National Geographic, and way more.\nBusiness Model Update\nIt's clear that DIS has been incredibly focused on subscribers for Disney Plus. Here's a quick peek, from the Q4 2021 Earnings Call:\n\n On the Direct-to-Consumer side, we are extremely pleased with the success of our portfolio streaming services. Disney+, ESPN+ and Hulu continue to perform incredibly well with a 118.1 million, 17.1 million, and 43.8 million subscribers, respectively, for a total of a 179 million subscriptions. To put this growth in perspective, in the past fiscal year alone, we have grown the total number of subscriptions across our DTC portfolio by 48%, and Disney+ subs in particular by 60%.\n\nNow, here's the good news and bad news. DIS leadership is planning to reach 230 million to 260 million paid subscribers globally by the end of fiscal year 2024. Obviously, that's phenomenal growth and investors should cheer. However, the dark side is that this growth isn't free.DIS doesn't expect their portfolio of streaming services to reach profitability until 2024.Ouch.\nThe key point is that DIS is not simply bolting on Disney Plus, ESPN Plus, Hulu and so on, and adding profits to the bottom line. Instead, getting to this current level of subscribers has been chewing up time and resources. And, it'll be nasty for years. The investment will drain resources. More about this later.\nOf course, very long term investors can cheer. DIS literally has the best intellectual media assets in the world. Really, there isn't any company even close. The library is amazing, huge, and growing.See for yourself.\nAs a quick aside, most people, and most analysts expected a bigger \"snap back\" from 2020, especially in relation to park visits and related activity. For example, here's what we learned about attendance in August 2021:\n\n Disney world does not share its actual capacity nor the number of attendees they get daily. But as stated above, the estimated number of average daily attendees was 57,000 before the pandemic started. So, at present, it might be welcoming a maximum of 35,000 guests daily \n running with a 35% capacity. [Emphasis: Author]\n\nBig picture, I'm not too worried about the parks and related real-world experiences offered by DIS. It might take longer to get running at full steam, but DIS can do it. I'm a bit more concerned that investors are expecting too much from DIS streaming services, without fully considering the costs. This is especially true for short term investors and speculators.\nDisney Is Not Microsoft or Adobe\nAnalysts like to compare DIS to enterprise software companies,as if all subscribers are created equal. Let's consider two incredible businesses. Both Microsoft (MSFT) and Adobe (ADBE) have done exceptionally well in recent years, compared to DIS.\nData by YCharts\nClearly, MSFT and ADBE have trounced DIS. In part, here's why:\nData by YCharts\nP/S for both MSFT and ADBE has roughly doubled. At a high level, prices are moving up faster than revenue generated for MSFT and ADBE. Meanwhile, investors place less value on DIS revenue. DIS has pretty much moved sideways.\nLet's talk some real numbers. MSFT has grown earnings by 17% per year over the last 10 years. In 2015, EPS was $2.63 and in 2021 it's about $8. ADBE has grown earnings by about 29% per year over the last 10 years. In 2015, EPS was $2.08 and it's expected to hit a staggering $12.46 this year. Meanwhile, here's how DIS looks:\nSource: FASTgraphs\nEPS might get back to 2015 levels in 2023. The dividend was killed off. DIS share price is dramatically higher, even now, compared to earnings. There's a lot of pain in this chart.\nAll if this isn't to bash DIS or to imply that the products or business is terrible. The DIS brand is pristine. Leadership is strong. The company isn't going to suddenly fall off the face of the Earth.The business is amazing.\nAll Subscribers Are Not Created Equal\nI'm not too keen to do this, but here's Netflix (NFLX) versus DIS.\nData by YCharts\nThe only point I want to make is that NFLX shareholders have done far better than DIS shareholders. And, for a different perspective, here's how $10K would have done over the last five years.\nData by YCharts\nIt's very hard for me to say that DIS is \"on sale\" when I look at the relatively flat performance over the last five years. While I think of DIS as a growth stock,it's less of a growth stock than NFLX, MSFT, and ADBE.\nIn large part, I believe this is all about our definition of subscribers. I'll come back to that in a second. First, feast your eyes on this:\nData by YCharts\nWhat you're seeing is profit margin for DIS, NFLX, MSFT and ADBE. Quite frankly, this paints a damning picture of DIS, especially since 2020. What's most impressive, on the other hand, is how MSFT and ADBE have had has consistently high and growing profit margins. I've got to say, I'm actually a bit surprised that NFLX just keeps getting stronger and stronger in this department as well.\nBy the way, as a sidebar, it's easy to complain about the NFLX P/E ratio. It's over 50 right now. But, at the same time, DIS is at 37, MSFT is at 37, and ADBE is at 52. In that respect, they are all quite overvalued.\nWrap Up\nNow, here are my biggest points. NFLX has spent more than DIS on content and also has first mover advantage, loyalty and entrenchment. Many people have both NFLX and DIS, so I see less of a \"war\" than most people. Furthermore, it appears that NFLX has done an outstanding operational job, and their capital allocation has been strong. It's hard to look at this chart and dismiss NFLX. Clearly, it's a well-run company.\nData by YCharts\nThis next chart is extremely noisy, but you can scroll down and see the truth with your own two eyes. DIS has rather poor ROE, ROA and ROIC compared to NFLX, MSFT and ADBE.\nData by YCharts\nTo be fair, DIS was doing a pretty good job through early 2019. However, very importantly,the drops appear to have started before 2020. We cannot blame the pandemic for the decline in ROE, ROA and ROIC.\nTo be clear,DIS is going to be going gangbusters on content.\n\n Disney plans to increase its overall content spend to around $33bn in 2022, marking an $8bn rise from the previous year.\n\nFurthermore, the idea is that DIS will be rapidly growing the subscriber base.\n\n Disney+ is expected to add 140 million subscribers between 2021 and 2026 to take its total to 271 million. Netflix, meanwhile, will add 53 million subscribers through the same period, taking it to a 2026 total of 275 million.\n\nIn short, DIS isn't about to be left in the dust by NFLX. Something like 60 unscripted series, 30 comedy series and 25 drama shows will be produced. There's really too much to list here. Money is being put to work by DIS.\nNow, shifting gears, I have to say that both MSFT and ADBE have dramatically different types of subscribers. DIS and NFLX satisfy entertainment desires. These are wants,not needs.\nHere's a good way to think about MSFT and ADBE:\n\n Both companies armed businesses big and small with the tools needed to stay in business since the pandemic. As the world moved to virtual work and school, PDFs with virtual signatures and Word docs with important information became standard.\n\nIn other words, MSFT and ADBE subscribers aren't \"addicted\" to the software, as much as they arerequired to use it to do work. When your job is on the line, you've got to be using industry standard tools. Furthermore, both NFLX and DIS are B2C whereas MSFT and ADBE are B2B. It's almost impossible to compare these companies, in terms of subscribers. Sure, we can discuss subscriber counts, subscriber growth, and so forth. But, MSFT and ADBE provide software to companies, and users must use those tools. They are sticky out of necessity, not mere desire. Therefore, let's all be very careful about how we think about DIS, and how we make comparisons.\nPutting all of this together, I still believe that DIS is a wonderful business. However, I would be cautious about adding a ton, especially if that decision is based on dazzling subscriber growth, or incredible content development. At this point, I see DIS as a reasonable hold.","news_type":1,"symbols_score_info":{"DIS":0.9}},"isVote":1,"tweetType":1,"viewCount":839,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":604189014,"gmtCreate":1639359172315,"gmtModify":1639359172437,"author":{"id":"3573553598754980","authorId":"3573553598754980","name":"diamondHands","avatar":"https://static.tigerbbs.com/dc04e09561a7a5cf929c1ad9f33b1d82","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573553598754980","authorIdStr":"3573553598754980"},"themes":[],"htmlText":"Like please","listText":"Like please","text":"Like please","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/604189014","repostId":"1171271872","repostType":4,"repost":{"id":"1171271872","kind":"news","pubTimestamp":1639348466,"share":"https://www.laohu8.com/m/news/1171271872?lang=zh_CN&edition=full","pubTime":"2021-12-13 06:34","market":"us","language":"en","title":"Rivian,Adobe,FedEx,Lennar,Campbell Soup,and Other Stocks to Watch This Week<blockquote>Rivian、Adobe、联邦快递、Lennar、金宝汤等本周值得关注的股票</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1171271872","media":"Barrons","summary":"The main event for investors this week will be the Federal Reserve’s rate-setting committee’s last meeting of 2021. Recent commentary from officials has leaned more hawkish, setting up a potential announcement of plans to accelerate monthly asset purchase tapering.The Federal Open Market Committee’s two-day meeting takes place on Tuesday and Wednesday.Earnings reports this week are few, but will include Campbell Soup on Tuesday;Lennar,Accenture,FedEx,Rivian Automotive, and Adobe on Thursday; and","content":"<p>The main event for investors this week will be the Federal Reserve’s rate-setting committee’s&nbsp;last meeting of 2021. Recent commentary from officials has leaned more hawkish, setting up a potential announcement of plans to accelerate monthly asset purchase tapering.</p><p><blockquote>本周投资者的主要事件将是美联储利率制定委员会2021年的最后一次会议。官员们最近的评论更加鹰派，可能会宣布加速每月资产购买缩减的计划。</blockquote></p><p> The Federal Open Market Committee’s two-day meeting takes place on Tuesday and Wednesday.</p><p><blockquote>联邦公开市场委员会为期两天的会议将于周二和周三举行。</blockquote></p><p> Earnings reports this week are few, but will include&nbsp;Campbell Soup&nbsp;on Tuesday;Lennar,Accenture,FedEx,Rivian&nbsp;Automotive, and&nbsp;Adobe&nbsp;on Thursday; and&nbsp;Darden Restaurants&nbsp;on Friday.</p><p><blockquote>本周的财报很少，但周二将包括金宝汤；Lennar、Accenture、FedEx、Rivian汽车和Adobe周四；周五还有达顿餐厅。</blockquote></p><p> Economic data coming out this week includes the Bureau of Labor Statistics’ producer price index for November on Tuesday. Economists expect a 0.55% month-over-month rise for the headline index and a 0.4% gain for the core PPI. Those would both roughly match October’s pace of producer inflation.</p><p><blockquote>本周公布的经济数据包括美国劳工统计局周二公布的11月份生产者价格指数。经济学家预计整体指数环比上涨0.55%，核心PPI上涨0.4%。这两者都与10月份的生产者通胀速度大致相当。</blockquote></p><p> Other data releases include the National Federation of Independent Businesses’ sentiment&nbsp;index on Tuesday, November retail-sales spending from the Census Bureau on Wednesday, and the November housing starts on Thursday.</p><p><blockquote>其他发布的数据包括周二全国独立企业联合会的信心指数、周三人口普查局公布的11月零售支出以及周四公布的11月新屋开工数据。</blockquote></p><p> <b>Monday 12/13</b></p><p><blockquote><b>星期一12/13</b></blockquote></p><p> J.Jill&nbsp;and&nbsp;PHX Minerals&nbsp;host earnings conference calls.</p><p><blockquote>J.Jill和PHX Minerals在评级举办收益会议。</blockquote></p><p> <b>Tuesday 12/14</b></p><p><blockquote><b>星期二12/14</b></blockquote></p><p> Campbell Soup, Barnes Group, and&nbsp;Avaya Holdings&nbsp;host investor days.</p><p><blockquote>金宝汤、巴恩斯集团和Avaya Holdings举办投资者日。</blockquote></p><p> <b>The Bureau of Labor</b>&nbsp;Statistics releases the producer price index for November. Consensus estimate is for a 0.55% month-over-month rise, and for the core PPI, which excludes food and energy, to gain 0.4%. This compares with increases of 0.6% and 0.4%, respectively, in October.</p><p><blockquote><b>劳工局</b>统计局发布11月份生产者价格指数。市场普遍预计环比上涨0.55%，不包括食品和能源的核心PPI将上涨0.4%。相比之下，10月份的增幅分别为0.6%和0.4%。</blockquote></p><p> <b>The National Federation</b>&nbsp;of Independent Businesses reports its index, which surveys about 5,000 small-business owners across the country, for November. Expectations call for a reading of 98.3, compared with 98.2 in October.</p><p><blockquote><b>全国联合会</b>独立企业报告了11月份的指数，该指数调查了全国约5,000名小企业主。预期看涨期权为98.3，而10月份为98.2。</blockquote></p><p> <b>Wednesday 12/15</b></p><p><blockquote><b>星期三12/15</b></blockquote></p><p> <b>The Federal Open Market Committee</b> concludes its two-day meeting, when policy makers will discuss accelerating the timetable for tapering monthly securities purchases.</p><p><blockquote><b>联邦公开市场委员会</b>结束了为期两天的会议，届时政策制定者将讨论加快缩减月度证券购买的时间表。</blockquote></p><p> <b>The BLS reports</b> export and import price data for November. Expectations are for a 0.5% month-over-month rise in export prices, while import prices are seen increasing 0.5%. This compares with gains of 1.5% and 1.2%, respectively, in October.</p><p><blockquote><b>劳工统计局报告</b>11月进出口价格数据。预计出口价格环比上涨0.5%，而进口价格预计上涨0.5%。相比之下，10月份的涨幅分别为1.5%和1.2%。</blockquote></p><p> <b>The National Association</b> of Home Builders releases its NAHB/Wells Fargo Housing Market Index for December. Consensus estimate is for an 84 reading, compared with an 83 reading in November. The index peaked at 90 late last year, and home builders remain bullish on the housing market.</p><p><blockquote><b>全国协会</b>房屋建筑商协会发布了12月份NAHB/富国银行住房市场指数。普遍估计读数为84，而11月份的读数为83。该指数去年年底达到90的峰值，房屋建筑商仍然看好房地产市场。</blockquote></p><p> <b>The Census Bureau</b> reports on retail-sales spending for November. Expectations are for a seasonally adjusted 0.7% month-over-month increase in retail sales, compared with a 1.7% rise in October. Excluding autos, spending is seen rising 0.8%, compared with 1.7% in the previous period.</p><p><blockquote><b>人口普查局</b>11月份零售支出报告。预计经季节调整后零售额环比增长0.7%，而10月份为增长1.7%。不包括汽车在内，支出预计将增长0.8%，而上一时期为1.7%。</blockquote></p><p> <b>Thursday 12/16</b></p><p><blockquote><b>星期四12/16</b></blockquote></p><p> Heico,Lennar, Accenture, FedEx, Jabil, Adobe, Rivian Automotive, and Nordson are among companies hosting earnings conference calls.</p><p><blockquote>Heico、Lennar、Accenture、FedEx、Jabil、Adobe、Rivian汽车和Nordson等公司在评级举办财报会议。</blockquote></p><p> <b>The Census Bureau</b>releases its New Residential Construction report for November. The seasonally adjusted annual rate of housing starts is expected to be 1.563 million units, compared with 1.52 million in October. A housing start is counted when excavation begins on a home. Permits issued for new-home construction are expected to be 1.655 million, compared with 1.653 million in October.</p><p><blockquote><b>人口普查局</b>发布11月份新的住宅建设报告。季调后成屋开工年率料为156.3万套，10月为152万套。当房屋开始挖掘时，房屋开工被计算在内。新房建设许可证预计为165.5万份，而10月份为165.3万份。</blockquote></p><p> <b>The Bank of England</b> announces its interest-rate decision and publishes the minutes of the meeting.</p><p><blockquote><b>英格兰银行</b>宣布利率决定并公布会议记录。</blockquote></p><p> <b>The Federal Reserve</b> releases industrial production data for November. Economists are looking for a 0.6% rise, after a 1.6% increase in October. Capacity utilization is expected at 76.8, roughly in line with October’s 76.4%.</p><p><blockquote><b>美联储</b>公布11月份工业生产数据。继10月份增长1.6%后，经济学家预计增长0.6%。产能利用率预计为76.8，与10月份的76.4%大致一致。</blockquote></p><p> <b>Friday 12/17</b></p><p><blockquote><b>星期五12/17</b></blockquote></p><p> Steelcase,Darden Restaurants, and&nbsp;Quanex Building Products&nbsp;host earnings conference calls.</p><p><blockquote>Steelcase、Darden Restaurants和Quanex Building Products在评级举办收益会议。</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>Rivian,Adobe,FedEx,Lennar,Campbell Soup,and Other Stocks to Watch This Week<blockquote>Rivian、Adobe、联邦快递、Lennar、金宝汤等本周值得关注的股票</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\">\nRivian,Adobe,FedEx,Lennar,Campbell Soup,and Other Stocks to Watch This Week<blockquote>Rivian、Adobe、联邦快递、Lennar、金宝汤等本周值得关注的股票</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Barrons</strong><span class=\"h-time small\">2021-12-13 06:34</span>\n</p>\n</h4>\n</header>\n<article>\n<p>The main event for investors this week will be the Federal Reserve’s rate-setting committee’s&nbsp;last meeting of 2021. Recent commentary from officials has leaned more hawkish, setting up a potential announcement of plans to accelerate monthly asset purchase tapering.</p><p><blockquote>本周投资者的主要事件将是美联储利率制定委员会2021年的最后一次会议。官员们最近的评论更加鹰派，可能会宣布加速每月资产购买缩减的计划。</blockquote></p><p> The Federal Open Market Committee’s two-day meeting takes place on Tuesday and Wednesday.</p><p><blockquote>联邦公开市场委员会为期两天的会议将于周二和周三举行。</blockquote></p><p> Earnings reports this week are few, but will include&nbsp;Campbell Soup&nbsp;on Tuesday;Lennar,Accenture,FedEx,Rivian&nbsp;Automotive, and&nbsp;Adobe&nbsp;on Thursday; and&nbsp;Darden Restaurants&nbsp;on Friday.</p><p><blockquote>本周的财报很少，但周二将包括金宝汤；Lennar、Accenture、FedEx、Rivian汽车和Adobe周四；周五还有达顿餐厅。</blockquote></p><p> Economic data coming out this week includes the Bureau of Labor Statistics’ producer price index for November on Tuesday. Economists expect a 0.55% month-over-month rise for the headline index and a 0.4% gain for the core PPI. Those would both roughly match October’s pace of producer inflation.</p><p><blockquote>本周公布的经济数据包括美国劳工统计局周二公布的11月份生产者价格指数。经济学家预计整体指数环比上涨0.55%，核心PPI上涨0.4%。这两者都与10月份的生产者通胀速度大致相当。</blockquote></p><p> Other data releases include the National Federation of Independent Businesses’ sentiment&nbsp;index on Tuesday, November retail-sales spending from the Census Bureau on Wednesday, and the November housing starts on Thursday.</p><p><blockquote>其他发布的数据包括周二全国独立企业联合会的信心指数、周三人口普查局公布的11月零售支出以及周四公布的11月新屋开工数据。</blockquote></p><p> <b>Monday 12/13</b></p><p><blockquote><b>星期一12/13</b></blockquote></p><p> J.Jill&nbsp;and&nbsp;PHX Minerals&nbsp;host earnings conference calls.</p><p><blockquote>J.Jill和PHX Minerals在评级举办收益会议。</blockquote></p><p> <b>Tuesday 12/14</b></p><p><blockquote><b>星期二12/14</b></blockquote></p><p> Campbell Soup, Barnes Group, and&nbsp;Avaya Holdings&nbsp;host investor days.</p><p><blockquote>金宝汤、巴恩斯集团和Avaya Holdings举办投资者日。</blockquote></p><p> <b>The Bureau of Labor</b>&nbsp;Statistics releases the producer price index for November. Consensus estimate is for a 0.55% month-over-month rise, and for the core PPI, which excludes food and energy, to gain 0.4%. This compares with increases of 0.6% and 0.4%, respectively, in October.</p><p><blockquote><b>劳工局</b>统计局发布11月份生产者价格指数。市场普遍预计环比上涨0.55%，不包括食品和能源的核心PPI将上涨0.4%。相比之下，10月份的增幅分别为0.6%和0.4%。</blockquote></p><p> <b>The National Federation</b>&nbsp;of Independent Businesses reports its index, which surveys about 5,000 small-business owners across the country, for November. Expectations call for a reading of 98.3, compared with 98.2 in October.</p><p><blockquote><b>全国联合会</b>独立企业报告了11月份的指数，该指数调查了全国约5,000名小企业主。预期看涨期权为98.3，而10月份为98.2。</blockquote></p><p> <b>Wednesday 12/15</b></p><p><blockquote><b>星期三12/15</b></blockquote></p><p> <b>The Federal Open Market Committee</b> concludes its two-day meeting, when policy makers will discuss accelerating the timetable for tapering monthly securities purchases.</p><p><blockquote><b>联邦公开市场委员会</b>结束了为期两天的会议，届时政策制定者将讨论加快缩减月度证券购买的时间表。</blockquote></p><p> <b>The BLS reports</b> export and import price data for November. Expectations are for a 0.5% month-over-month rise in export prices, while import prices are seen increasing 0.5%. This compares with gains of 1.5% and 1.2%, respectively, in October.</p><p><blockquote><b>劳工统计局报告</b>11月进出口价格数据。预计出口价格环比上涨0.5%，而进口价格预计上涨0.5%。相比之下，10月份的涨幅分别为1.5%和1.2%。</blockquote></p><p> <b>The National Association</b> of Home Builders releases its NAHB/Wells Fargo Housing Market Index for December. Consensus estimate is for an 84 reading, compared with an 83 reading in November. The index peaked at 90 late last year, and home builders remain bullish on the housing market.</p><p><blockquote><b>全国协会</b>房屋建筑商协会发布了12月份NAHB/富国银行住房市场指数。普遍估计读数为84，而11月份的读数为83。该指数去年年底达到90的峰值，房屋建筑商仍然看好房地产市场。</blockquote></p><p> <b>The Census Bureau</b> reports on retail-sales spending for November. Expectations are for a seasonally adjusted 0.7% month-over-month increase in retail sales, compared with a 1.7% rise in October. Excluding autos, spending is seen rising 0.8%, compared with 1.7% in the previous period.</p><p><blockquote><b>人口普查局</b>11月份零售支出报告。预计经季节调整后零售额环比增长0.7%，而10月份为增长1.7%。不包括汽车在内，支出预计将增长0.8%，而上一时期为1.7%。</blockquote></p><p> <b>Thursday 12/16</b></p><p><blockquote><b>星期四12/16</b></blockquote></p><p> Heico,Lennar, Accenture, FedEx, Jabil, Adobe, Rivian Automotive, and Nordson are among companies hosting earnings conference calls.</p><p><blockquote>Heico、Lennar、Accenture、FedEx、Jabil、Adobe、Rivian汽车和Nordson等公司在评级举办财报会议。</blockquote></p><p> <b>The Census Bureau</b>releases its New Residential Construction report for November. The seasonally adjusted annual rate of housing starts is expected to be 1.563 million units, compared with 1.52 million in October. A housing start is counted when excavation begins on a home. Permits issued for new-home construction are expected to be 1.655 million, compared with 1.653 million in October.</p><p><blockquote><b>人口普查局</b>发布11月份新的住宅建设报告。季调后成屋开工年率料为156.3万套，10月为152万套。当房屋开始挖掘时，房屋开工被计算在内。新房建设许可证预计为165.5万份，而10月份为165.3万份。</blockquote></p><p> <b>The Bank of England</b> announces its interest-rate decision and publishes the minutes of the meeting.</p><p><blockquote><b>英格兰银行</b>宣布利率决定并公布会议记录。</blockquote></p><p> <b>The Federal Reserve</b> releases industrial production data for November. Economists are looking for a 0.6% rise, after a 1.6% increase in October. Capacity utilization is expected at 76.8, roughly in line with October’s 76.4%.</p><p><blockquote><b>美联储</b>公布11月份工业生产数据。继10月份增长1.6%后，经济学家预计增长0.6%。产能利用率预计为76.8，与10月份的76.4%大致一致。</blockquote></p><p> <b>Friday 12/17</b></p><p><blockquote><b>星期五12/17</b></blockquote></p><p> Steelcase,Darden Restaurants, and&nbsp;Quanex Building Products&nbsp;host earnings conference calls.</p><p><blockquote>Steelcase、Darden Restaurants和Quanex Building Products在评级举办收益会议。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.barrons.com/articles/stocks-to-watch-this-week-fedex-rivian-lennar-campbell-adobe-51639330550?mod=hp_LEAD_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":{"RIVN":"Rivian Automotive, Inc.","DRI":"达登饭店","HEI":"海科航空","ADBE":"Adobe","PHX":"潘汉德尔油气",".SPX":"S&P 500 Index","LEN":"莱纳建筑公司","SCS":"Steelcase Inc.","JILL":"J.Jill Inc.",".DJI":"道琼斯",".IXIC":"NASDAQ Composite","ACN":"埃森哲","FDX":"联邦快递","CPB":"金宝汤"},"source_url":"https://www.barrons.com/articles/stocks-to-watch-this-week-fedex-rivian-lennar-campbell-adobe-51639330550?mod=hp_LEAD_3","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1171271872","content_text":"The main event for investors this week will be the Federal Reserve’s rate-setting committee’s last meeting of 2021. Recent commentary from officials has leaned more hawkish, setting up a potential announcement of plans to accelerate monthly asset purchase tapering.\nThe Federal Open Market Committee’s two-day meeting takes place on Tuesday and Wednesday.\nEarnings reports this week are few, but will include Campbell Soup on Tuesday;Lennar,Accenture,FedEx,Rivian Automotive, and Adobe on Thursday; and Darden Restaurants on Friday.\nEconomic data coming out this week includes the Bureau of Labor Statistics’ producer price index for November on Tuesday. Economists expect a 0.55% month-over-month rise for the headline index and a 0.4% gain for the core PPI. Those would both roughly match October’s pace of producer inflation.\nOther data releases include the National Federation of Independent Businesses’ sentiment index on Tuesday, November retail-sales spending from the Census Bureau on Wednesday, and the November housing starts on Thursday.\nMonday 12/13\nJ.Jill and PHX Minerals host earnings conference calls.\nTuesday 12/14\nCampbell Soup, Barnes Group, and Avaya Holdings host investor days.\nThe Bureau of Labor Statistics releases the producer price index for November. Consensus estimate is for a 0.55% month-over-month rise, and for the core PPI, which excludes food and energy, to gain 0.4%. This compares with increases of 0.6% and 0.4%, respectively, in October.\nThe National Federation of Independent Businesses reports its index, which surveys about 5,000 small-business owners across the country, for November. Expectations call for a reading of 98.3, compared with 98.2 in October.\nWednesday 12/15\nThe Federal Open Market Committee concludes its two-day meeting, when policy makers will discuss accelerating the timetable for tapering monthly securities purchases.\nThe BLS reports export and import price data for November. Expectations are for a 0.5% month-over-month rise in export prices, while import prices are seen increasing 0.5%. This compares with gains of 1.5% and 1.2%, respectively, in October.\nThe National Association of Home Builders releases its NAHB/Wells Fargo Housing Market Index for December. Consensus estimate is for an 84 reading, compared with an 83 reading in November. The index peaked at 90 late last year, and home builders remain bullish on the housing market.\nThe Census Bureau reports on retail-sales spending for November. Expectations are for a seasonally adjusted 0.7% month-over-month increase in retail sales, compared with a 1.7% rise in October. Excluding autos, spending is seen rising 0.8%, compared with 1.7% in the previous period.\nThursday 12/16\nHeico,Lennar, Accenture, FedEx, Jabil, Adobe, Rivian Automotive, and Nordson are among companies hosting earnings conference calls.\nThe Census Bureaureleases its New Residential Construction report for November. The seasonally adjusted annual rate of housing starts is expected to be 1.563 million units, compared with 1.52 million in October. A housing start is counted when excavation begins on a home. Permits issued for new-home construction are expected to be 1.655 million, compared with 1.653 million in October.\nThe Bank of England announces its interest-rate decision and publishes the minutes of the meeting.\nThe Federal Reserve releases industrial production data for November. Economists are looking for a 0.6% rise, after a 1.6% increase in October. Capacity utilization is expected at 76.8, roughly in line with October’s 76.4%.\nFriday 12/17\nSteelcase,Darden Restaurants, and Quanex Building Products host earnings conference calls.","news_type":1,"symbols_score_info":{"HEI":0.9,"ACN":0.9,".DJI":0.9,"DRI":0.9,"LEN":0.9,"FDX":0.9,"CPB":0.9,"AVYA":0.9,"ADBE":0.9,"RIVN":0.9,".IXIC":0.9,"SCS":0.9,".SPX":0.9,"PHX":0.9,"JILL":0.9}},"isVote":1,"tweetType":1,"viewCount":1040,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":605640521,"gmtCreate":1639160491239,"gmtModify":1639160491362,"author":{"id":"3573553598754980","authorId":"3573553598754980","name":"diamondHands","avatar":"https://static.tigerbbs.com/dc04e09561a7a5cf929c1ad9f33b1d82","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573553598754980","authorIdStr":"3573553598754980"},"themes":[],"htmlText":"Like please","listText":"Like please","text":"Like please","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/605640521","repostId":"1133027099","repostType":4,"repost":{"id":"1133027099","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1639152670,"share":"https://www.laohu8.com/m/news/1133027099?lang=zh_CN&edition=full","pubTime":"2021-12-11 00:11","market":"us","language":"en","title":"Sea Ltd stock dropped more than 5% in morning trading<blockquote>Sea Ltd股价早盘下跌超过5%</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1133027099","media":"Tiger Newspress","summary":"Sea Ltd stock dropped more than 5% in morning trading.","content":"<p>Sea Ltd stock dropped more than 5% in morning trading.</p><p><blockquote>Sea Ltd股价早盘下跌超过5%。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/f6295277426435ac2c7135ba73dfbdef\" tg-width=\"840\" tg-height=\"470\" width=\"100%\" height=\"auto\"></p><p><blockquote></blockquote></p><p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Sea Ltd stock dropped more than 5% in morning trading<blockquote>Sea Ltd股价早盘下跌超过5%</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSea Ltd stock dropped more than 5% in morning trading<blockquote>Sea Ltd股价早盘下跌超过5%</blockquote>\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time smaller\">2021-12-11 00:11</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>Sea Ltd stock dropped more than 5% in morning trading.</p><p><blockquote>Sea Ltd股价早盘下跌超过5%。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/f6295277426435ac2c7135ba73dfbdef\" tg-width=\"840\" tg-height=\"470\" width=\"100%\" height=\"auto\"></p><p><blockquote></blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SE":"Sea Ltd"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1133027099","content_text":"Sea Ltd stock dropped more than 5% in morning trading.","news_type":1,"symbols_score_info":{"SE":0.9}},"isVote":1,"tweetType":1,"viewCount":1115,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":602160024,"gmtCreate":1638983124766,"gmtModify":1638983124878,"author":{"id":"3573553598754980","authorId":"3573553598754980","name":"diamondHands","avatar":"https://static.tigerbbs.com/dc04e09561a7a5cf929c1ad9f33b1d82","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573553598754980","authorIdStr":"3573553598754980"},"themes":[],"htmlText":"Like please","listText":"Like please","text":"Like please","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":11,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/602160024","repostId":"1161444269","repostType":4,"repost":{"id":"1161444269","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":1638977215,"share":"https://www.laohu8.com/m/news/1161444269?lang=zh_CN&edition=full","pubTime":"2021-12-08 23:26","market":"us","language":"en","title":"Apple shares rose nearly 2% to a new high<blockquote>苹果股价上涨近2%，创新高</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1161444269","media":"Tiger Newspress","summary":"Apple shares rose nearly 2% to a new high in morning trading.","content":"<p>Apple shares rose nearly 2% to a new high&nbsp;in morning trading.</p><p><blockquote>苹果股价在早盘交易中上涨近2%，创下新高。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/9a9f5fdc1cb0a898675c515a39de7611\" tg-width=\"840\" tg-height=\"470\" width=\"100%\" height=\"auto\"></p><p><blockquote></blockquote></p><p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Apple shares rose nearly 2% to a new high<blockquote>苹果股价上涨近2%，创新高</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nApple shares rose nearly 2% to a new high<blockquote>苹果股价上涨近2%，创新高</blockquote>\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time smaller\">2021-12-08 23:26</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>Apple shares rose nearly 2% to a new high&nbsp;in morning trading.</p><p><blockquote>苹果股价在早盘交易中上涨近2%，创下新高。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/9a9f5fdc1cb0a898675c515a39de7611\" tg-width=\"840\" tg-height=\"470\" width=\"100%\" height=\"auto\"></p><p><blockquote></blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1161444269","content_text":"Apple shares rose nearly 2% to a new high in morning trading.","news_type":1,"symbols_score_info":{"AAPL":0.9}},"isVote":1,"tweetType":1,"viewCount":968,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":606561028,"gmtCreate":1638894723288,"gmtModify":1638894723400,"author":{"id":"3573553598754980","authorId":"3573553598754980","name":"diamondHands","avatar":"https://static.tigerbbs.com/dc04e09561a7a5cf929c1ad9f33b1d82","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573553598754980","authorIdStr":"3573553598754980"},"themes":[],"htmlText":"Like please","listText":"Like please","text":"Like please","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/606561028","repostId":"1160989369","repostType":4,"repost":{"id":"1160989369","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":1638890853,"share":"https://www.laohu8.com/m/news/1160989369?lang=zh_CN&edition=full","pubTime":"2021-12-07 23:27","market":"us","language":"en","title":"Meme stocks jumped in morning trading<blockquote>模因股票早盘上涨</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1160989369","media":"Tiger Newspress","summary":"Meme stocks jumped in morning trading.Vinco Ventures,IronNet,Zomedica,Aterian,Digital World Acquisit","content":"<p>Meme stocks jumped in morning trading.Vinco Ventures,IronNet,Zomedica,Aterian,Digital World Acquisition,Greenidge Generation,Senseonics,Newegg,AMC&nbsp;and&nbsp;GameStop&nbsp;climbed between 5% and 18%.</p><p><blockquote>Meme股票在早盘交易中上涨。Vinco Ventures、IronNet、Zomedica、Aterian、Digital World Acquisition、Greenidge Generation、Senseonics、Newegg、AMC和游戏驿站上涨5%至18%。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/c14f2bc9d526cf27d2ce20a66c8b481f\" tg-width=\"398\" tg-height=\"725\" referrerpolicy=\"no-referrer\"><img src=\"https://static.tigerbbs.com/d603202a0fc2cf4684ab0bc7c0441a79\" tg-width=\"403\" tg-height=\"428\" width=\"100%\" height=\"auto\"></p><p><blockquote></blockquote></p><p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Meme stocks jumped in morning trading<blockquote>模因股票早盘上涨</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\">\nMeme stocks jumped in morning trading<blockquote>模因股票早盘上涨</blockquote>\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time smaller\">2021-12-07 23:27</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>Meme stocks jumped in morning trading.Vinco Ventures,IronNet,Zomedica,Aterian,Digital World Acquisition,Greenidge Generation,Senseonics,Newegg,AMC&nbsp;and&nbsp;GameStop&nbsp;climbed between 5% and 18%.</p><p><blockquote>Meme股票在早盘交易中上涨。Vinco Ventures、IronNet、Zomedica、Aterian、Digital World Acquisition、Greenidge Generation、Senseonics、Newegg、AMC和游戏驿站上涨5%至18%。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/c14f2bc9d526cf27d2ce20a66c8b481f\" tg-width=\"398\" tg-height=\"725\" referrerpolicy=\"no-referrer\"><img src=\"https://static.tigerbbs.com/d603202a0fc2cf4684ab0bc7c0441a79\" tg-width=\"403\" tg-height=\"428\" width=\"100%\" height=\"auto\"></p><p><blockquote></blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BB":"黑莓","BBIG":"Vinco Ventures, Inc.","GREE":"Greenidge Generation Holdings Inc.","EXPR":"Express, Inc.","BBBY":"Bed Bath & Beyond, Inc.","NEGG":"Newegg Comm Inc.","GME":"游戏驿站","KOSS":"高斯电子","OCGN":"Ocugen","AMC":"AMC院线","ATER":"Aterian Inc.","CLOV":"Clover Health Corp","PHUN":"Phunware, Inc."},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1160989369","content_text":"Meme stocks jumped in morning trading.Vinco Ventures,IronNet,Zomedica,Aterian,Digital World Acquisition,Greenidge Generation,Senseonics,Newegg,AMC and GameStop climbed between 5% and 18%.","news_type":1,"symbols_score_info":{"MRIN":0.9,"ATER":0.9,"BB":0.9,"ZOM":0.9,"CLOV":0.9,"GME":0.9,"KOSS":0.9,"EXPR":0.9,"OCGN":0.9,"BBIG":0.9,"PHUN":0.9,"DWAC":0.9,"BBBY":0.9,"NEGG":0.9,"AMC":0.9,"GREE":0.9,"IRNT":0.9}},"isVote":1,"tweetType":1,"viewCount":931,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":608570071,"gmtCreate":1638766830090,"gmtModify":1638766830157,"author":{"id":"3573553598754980","authorId":"3573553598754980","name":"diamondHands","avatar":"https://static.tigerbbs.com/dc04e09561a7a5cf929c1ad9f33b1d82","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573553598754980","authorIdStr":"3573553598754980"},"themes":[],"htmlText":"Like please","listText":"Like please","text":"Like please","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":7,"repostSize":0,"link":"https://laohu8.com/post/608570071","repostId":"1179313612","repostType":4,"repost":{"id":"1179313612","kind":"news","pubTimestamp":1638745398,"share":"https://www.laohu8.com/m/news/1179313612?lang=zh_CN&edition=full","pubTime":"2021-12-06 07:03","market":"us","language":"en","title":"Game Stop, Toll Brothers, Costco, CVS, and Other Stocks to Watch This Week<blockquote>Game Stop、Toll Brothers、Costco、CVS和其他本周值得关注的股票</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1179313612","media":"Barrons","summary":"Meme stock darling GameStop headlines this week’s earnings report lineup. The videogame retailer rep","content":"<p>Meme stock darling <a href=\"https://laohu8.com/S/GME\">GameStop</a> headlines this week’s earnings report lineup. The videogame retailer reports results after the market closes on Wednesday. <a href=\"https://laohu8.com/S/AZO\">AutoZone</a>, Casey’s <a href=\"https://laohu8.com/S/BGC\">General</a> Stores, and <a href=\"https://laohu8.com/S/TOL\">Toll Brothers</a> report earnings on Tuesday, followed by <a href=\"https://laohu8.com/S/BF.A\">Brown-Forman</a> and <a href=\"https://laohu8.com/S/CPB\">Campbell Soup</a> on Wednesday. <a href=\"https://laohu8.com/S/AVGO\">Broadcom</a>, <a href=\"https://laohu8.com/S/COST\">Costco</a> Wholesale, and <a href=\"https://laohu8.com/S/HRL\">Hormel</a> Foods round things out on Thursday.</p><p><blockquote>模因股票宠儿<a href=\"https://laohu8.com/S/GME\">游戏驿站</a>本周财报阵容头条。这家视频游戏零售商将在周三收盘后公布业绩。<a href=\"https://laohu8.com/S/AZO\">AutoZone</a>，凯西的<a href=\"https://laohu8.com/S/BGC\">一般的</a>商店，以及<a href=\"https://laohu8.com/S/TOL\">托尔兄弟</a>周二公布收益，随后<a href=\"https://laohu8.com/S/BF.A\">布朗-福尔曼</a>和<a href=\"https://laohu8.com/S/CPB\">坎贝尔汤</a>星期三。<a href=\"https://laohu8.com/S/AVGO\">Broadcom</a>,<a href=\"https://laohu8.com/S/COST\">Costco</a>批发，及<a href=\"https://laohu8.com/S/HRL\">荷美尔</a>周四的食物使事情更加圆满。</blockquote></p><p> On Monday, <a href=\"https://laohu8.com/S/UNP\">Union Pacific</a> will hold a conference call to discuss its climate action plan. <a href=\"https://laohu8.com/S/MCK\">McKesson</a> and <a href=\"https://laohu8.com/S/LUV\">Southwest Airlines</a> host their 2021 investor days on Wednesday, followed by <a href=\"https://laohu8.com/S/CVS\">CVS Health</a> and <a href=\"https://laohu8.com/S/TSN\">Tyson</a> Foods on Thursday.</p><p><blockquote>周一，<a href=\"https://laohu8.com/S/UNP\">联合太平洋</a>将召开电话会议讨论其气候行动计划。<a href=\"https://laohu8.com/S/MCK\">麦克森</a>和<a href=\"https://laohu8.com/S/LUV\">西南航空</a>周三举办2021年投资者日，随后<a href=\"https://laohu8.com/S/CVS\">CVS健康</a>和<a href=\"https://laohu8.com/S/TSN\">泰森</a>周四的食物。</blockquote></p><p> The Federal Reserve’s report on consumer credit data for October will be released on Tuesday. On Thursday, the U.S. Labor Department reports initial jobless claims for the week ending on Dec. 4.</p><p><blockquote>美联储10月消费者信贷数据报告将于周二公布。周四，美国劳工部公布了截至12月4日当周的首次申请失业救济人数。</blockquote></p><p> The Bureau of Labor Statistics releases the consumer price index for November on Friday. The consensus estimate is for a 6.7% year-over-year jump, half a percentage point more than in October. The core CPI, which excludes volatile food and energy prices, is expected to rise 4.8% versus 4.6% previously.</p><p><blockquote>美国劳工统计局周五发布11月份消费者价格指数。市场普遍预期同比增长6.7%，比10月份高出半个百分点。排除波动较大的食品和能源价格的核心CPI预计将上涨4.8%，而此前为4.6%。</blockquote></p><p> <b>Monday 12/6</b></p><p><blockquote><b>星期一12/6</b></blockquote></p><p> Union Pacific holds a conference call to discuss its climate action plan.</p><p><blockquote>联合太平洋公司召开电话会议讨论其气候行动计划。</blockquote></p><p> <b>Tuesday 12/7</b></p><p><blockquote><b>星期二12/7</b></blockquote></p><p> AutoZone, Casey’s General Stores, and Toll Brothers announce quarterly results.</p><p><blockquote>AutoZone、Casey’s General Stores和Toll Brothers公布季度业绩。</blockquote></p><p> The Federal Reserve reports on consumer credit data for October. After falling slightly last year, total outstanding consumer debt has risen an average of $20 billion a month through September, and stands at a record $4.37 trillion.</p><p><blockquote>美联储报告10月份消费者信贷数据。继去年小幅下降后，截至9月份，未偿消费者债务总额平均每月增加200亿美元，达到创纪录的4.37万亿美元。</blockquote></p><p> <b>Wednesday 12/8</b></p><p><blockquote><b>星期三12/8</b></blockquote></p><p> The BLS releases the Job Openings and Labor Turnover Survey. Economists forecast 10.5 million job openings on the last business day of October, only 600,000 less than the record high of 11.1 million in July.</p><p><blockquote>BLS发布职位空缺和劳动力流动调查。经济学家预测10月最后一个工作日将有1050万个职位空缺，仅比7月1110万的历史新高少60万个。</blockquote></p><p> <a href=\"https://laohu8.com/S/BF.B\">Brown-Forman</a>, Campbell Soup, and GameStop report earnings.</p><p><blockquote><a href=\"https://laohu8.com/S/BF.B\">布朗-福尔曼</a>、金宝汤和游戏驿站公布财报。</blockquote></p><p> McKesson and <a href=\"https://laohu8.com/S/OKSB\">Southwest</a> Airlines host their 2021 investor days.</p><p><blockquote>麦克森和<a href=\"https://laohu8.com/S/OKSB\">西南</a>航空公司举办2021年投资者日。</blockquote></p><p> <a href=\"https://laohu8.com/S/EW\">Edwards Lifesciences</a> holds an investor conference in Irvine, Calif. The company will discuss its product pipeline as well as its financial outlook for 2022.</p><p><blockquote><a href=\"https://laohu8.com/S/EW\">爱德华兹生命科学公司</a>在加州尔湾举行投资者会议。该公司将讨论其产品线以及2022年的财务前景。</blockquote></p><p> The Bank of Canada announces its monetary-policy decision. The central bank is expected to keep its key short-term interest rate unchanged at 0.25%. At its late-October meeting, the bank ended its quantitative-easing program and signaled that its first interest-rate hike would be earlier in 2022 than had been expected.</p><p><blockquote>加拿大央行宣布货币政策决定。预计央行将维持关键短期利率在0.25%不变。在10月底的会议上，央行结束了量化宽松计划，并表示首次加息将于2022年早于预期。</blockquote></p><p> <b>Thursday 12/9</b></p><p><blockquote><b>星期四12/9</b></blockquote></p><p> Broadcom, Costco Wholesale, and Hormel Foods hold conference calls to discuss quarterly results.</p><p><blockquote>Broadcom、Costco Wholesale和Hormel Foods在评级召开会议讨论季度业绩。</blockquote></p><p> CVS Health and Tyson Foods host their annual investor days.</p><p><blockquote>CVS Health和泰森食品举办年度投资者日。</blockquote></p><p> The Department of Labor reports initial jobless claims for the week ending on Dec. 4. Jobless claims averaged 238,750 in November, the lowest since the beginning of the pandemic, and just 24,750 more than in February of 2020.</p><p><blockquote>劳工部报告了截至12月4日当周的首次申请失业救济人数。11月份平均申请失业救济人数为238,750人，为大流行开始以来的最低水平，仅比2020年2月增加24,750人。</blockquote></p><p> <b>Friday 12/10</b></p><p><blockquote><b>星期五12/10</b></blockquote></p><p> Archer-Daniels-Midland holds its global investor day.</p><p><blockquote>阿彻-丹尼尔斯-米德兰举办全球投资者日。</blockquote></p><p> <a href=\"https://laohu8.com/S/CNC\">Centene</a> holds an investor meeting and will provide financial guidance for 2022.</p><p><blockquote><a href=\"https://laohu8.com/S/CNC\">Centene</a>召开投资者会议，并将提供2022年的财务指导。</blockquote></p><p> The Bureau of Labor Statistics releases the consumer price index for November. Consensus estimate is for a 6.7% year-over-year jump, half a percentage point more than in October. The core CPI, which excludes volatile food and energy prices, is expected to rise 4.8% versus 4.6% previously. October’s 6.2% increase was the hottest the CPI has run in more than 30 years, and this past week Federal Reserve Chairman Jerome <a href=\"https://laohu8.com/S/POWL\">Powell</a> finally ditched “transitory” when discussing inflation before the Senate Banking Committee.</p><p><blockquote>美国劳工统计局发布11月份消费者价格指数。市场普遍预计同比增长6.7%，比10月份高出半个百分点。排除波动较大的食品和能源价格的核心CPI预计将上涨4.8%，而此前为4.6%。10月份6.2%的涨幅是CPI 30多年来最热的一次，而上周美联储主席杰罗姆<a href=\"https://laohu8.com/S/POWL\">鲍威尔</a>在参议院银行委员会讨论通货膨胀时，最终放弃了“暂时性”。</blockquote></p><p> The University of Michigan releases its Consumer Sentiment index for December. Economists forecast a 66 reading, slightly less than the November data.</p><p><blockquote>密歇根大学发布12月份消费者信心指数。经济学家预测为66，略低于11月份的数据。</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>Game Stop, Toll Brothers, Costco, CVS, and Other Stocks to Watch This Week<blockquote>Game Stop、Toll Brothers、Costco、CVS和其他本周值得关注的股票</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\">\nGame Stop, Toll Brothers, Costco, CVS, and Other Stocks to Watch This Week<blockquote>Game Stop、Toll Brothers、Costco、CVS和其他本周值得关注的股票</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Barrons</strong><span class=\"h-time small\">2021-12-06 07:03</span>\n</p>\n</h4>\n</header>\n<article>\n<p>Meme stock darling <a href=\"https://laohu8.com/S/GME\">GameStop</a> headlines this week’s earnings report lineup. The videogame retailer reports results after the market closes on Wednesday. <a href=\"https://laohu8.com/S/AZO\">AutoZone</a>, Casey’s <a href=\"https://laohu8.com/S/BGC\">General</a> Stores, and <a href=\"https://laohu8.com/S/TOL\">Toll Brothers</a> report earnings on Tuesday, followed by <a href=\"https://laohu8.com/S/BF.A\">Brown-Forman</a> and <a href=\"https://laohu8.com/S/CPB\">Campbell Soup</a> on Wednesday. <a href=\"https://laohu8.com/S/AVGO\">Broadcom</a>, <a href=\"https://laohu8.com/S/COST\">Costco</a> Wholesale, and <a href=\"https://laohu8.com/S/HRL\">Hormel</a> Foods round things out on Thursday.</p><p><blockquote>模因股票宠儿<a href=\"https://laohu8.com/S/GME\">游戏驿站</a>本周财报阵容头条。这家视频游戏零售商将在周三收盘后公布业绩。<a href=\"https://laohu8.com/S/AZO\">AutoZone</a>，凯西的<a href=\"https://laohu8.com/S/BGC\">一般的</a>商店，以及<a href=\"https://laohu8.com/S/TOL\">托尔兄弟</a>周二公布收益，随后<a href=\"https://laohu8.com/S/BF.A\">布朗-福尔曼</a>和<a href=\"https://laohu8.com/S/CPB\">坎贝尔汤</a>星期三。<a href=\"https://laohu8.com/S/AVGO\">Broadcom</a>,<a href=\"https://laohu8.com/S/COST\">Costco</a>批发，及<a href=\"https://laohu8.com/S/HRL\">荷美尔</a>周四的食物使事情更加圆满。</blockquote></p><p> On Monday, <a href=\"https://laohu8.com/S/UNP\">Union Pacific</a> will hold a conference call to discuss its climate action plan. <a href=\"https://laohu8.com/S/MCK\">McKesson</a> and <a href=\"https://laohu8.com/S/LUV\">Southwest Airlines</a> host their 2021 investor days on Wednesday, followed by <a href=\"https://laohu8.com/S/CVS\">CVS Health</a> and <a href=\"https://laohu8.com/S/TSN\">Tyson</a> Foods on Thursday.</p><p><blockquote>周一，<a href=\"https://laohu8.com/S/UNP\">联合太平洋</a>将召开电话会议讨论其气候行动计划。<a href=\"https://laohu8.com/S/MCK\">麦克森</a>和<a href=\"https://laohu8.com/S/LUV\">西南航空</a>周三举办2021年投资者日，随后<a href=\"https://laohu8.com/S/CVS\">CVS健康</a>和<a href=\"https://laohu8.com/S/TSN\">泰森</a>周四的食物。</blockquote></p><p> The Federal Reserve’s report on consumer credit data for October will be released on Tuesday. On Thursday, the U.S. Labor Department reports initial jobless claims for the week ending on Dec. 4.</p><p><blockquote>美联储10月消费者信贷数据报告将于周二公布。周四，美国劳工部公布了截至12月4日当周的首次申请失业救济人数。</blockquote></p><p> The Bureau of Labor Statistics releases the consumer price index for November on Friday. The consensus estimate is for a 6.7% year-over-year jump, half a percentage point more than in October. The core CPI, which excludes volatile food and energy prices, is expected to rise 4.8% versus 4.6% previously.</p><p><blockquote>美国劳工统计局周五发布11月份消费者价格指数。市场普遍预期同比增长6.7%，比10月份高出半个百分点。排除波动较大的食品和能源价格的核心CPI预计将上涨4.8%，而此前为4.6%。</blockquote></p><p> <b>Monday 12/6</b></p><p><blockquote><b>星期一12/6</b></blockquote></p><p> Union Pacific holds a conference call to discuss its climate action plan.</p><p><blockquote>联合太平洋公司召开电话会议讨论其气候行动计划。</blockquote></p><p> <b>Tuesday 12/7</b></p><p><blockquote><b>星期二12/7</b></blockquote></p><p> AutoZone, Casey’s General Stores, and Toll Brothers announce quarterly results.</p><p><blockquote>AutoZone、Casey’s General Stores和Toll Brothers公布季度业绩。</blockquote></p><p> The Federal Reserve reports on consumer credit data for October. After falling slightly last year, total outstanding consumer debt has risen an average of $20 billion a month through September, and stands at a record $4.37 trillion.</p><p><blockquote>美联储报告10月份消费者信贷数据。继去年小幅下降后，截至9月份，未偿消费者债务总额平均每月增加200亿美元，达到创纪录的4.37万亿美元。</blockquote></p><p> <b>Wednesday 12/8</b></p><p><blockquote><b>星期三12/8</b></blockquote></p><p> The BLS releases the Job Openings and Labor Turnover Survey. Economists forecast 10.5 million job openings on the last business day of October, only 600,000 less than the record high of 11.1 million in July.</p><p><blockquote>BLS发布职位空缺和劳动力流动调查。经济学家预测10月最后一个工作日将有1050万个职位空缺，仅比7月1110万的历史新高少60万个。</blockquote></p><p> <a href=\"https://laohu8.com/S/BF.B\">Brown-Forman</a>, Campbell Soup, and GameStop report earnings.</p><p><blockquote><a href=\"https://laohu8.com/S/BF.B\">布朗-福尔曼</a>、金宝汤和游戏驿站公布财报。</blockquote></p><p> McKesson and <a href=\"https://laohu8.com/S/OKSB\">Southwest</a> Airlines host their 2021 investor days.</p><p><blockquote>麦克森和<a href=\"https://laohu8.com/S/OKSB\">西南</a>航空公司举办2021年投资者日。</blockquote></p><p> <a href=\"https://laohu8.com/S/EW\">Edwards Lifesciences</a> holds an investor conference in Irvine, Calif. The company will discuss its product pipeline as well as its financial outlook for 2022.</p><p><blockquote><a href=\"https://laohu8.com/S/EW\">爱德华兹生命科学公司</a>在加州尔湾举行投资者会议。该公司将讨论其产品线以及2022年的财务前景。</blockquote></p><p> The Bank of Canada announces its monetary-policy decision. The central bank is expected to keep its key short-term interest rate unchanged at 0.25%. At its late-October meeting, the bank ended its quantitative-easing program and signaled that its first interest-rate hike would be earlier in 2022 than had been expected.</p><p><blockquote>加拿大央行宣布货币政策决定。预计央行将维持关键短期利率在0.25%不变。在10月底的会议上，央行结束了量化宽松计划，并表示首次加息将于2022年早于预期。</blockquote></p><p> <b>Thursday 12/9</b></p><p><blockquote><b>星期四12/9</b></blockquote></p><p> Broadcom, Costco Wholesale, and Hormel Foods hold conference calls to discuss quarterly results.</p><p><blockquote>Broadcom、Costco Wholesale和Hormel Foods在评级召开会议讨论季度业绩。</blockquote></p><p> CVS Health and Tyson Foods host their annual investor days.</p><p><blockquote>CVS Health和泰森食品举办年度投资者日。</blockquote></p><p> The Department of Labor reports initial jobless claims for the week ending on Dec. 4. Jobless claims averaged 238,750 in November, the lowest since the beginning of the pandemic, and just 24,750 more than in February of 2020.</p><p><blockquote>劳工部报告了截至12月4日当周的首次申请失业救济人数。11月份平均申请失业救济人数为238,750人，为大流行开始以来的最低水平，仅比2020年2月增加24,750人。</blockquote></p><p> <b>Friday 12/10</b></p><p><blockquote><b>星期五12/10</b></blockquote></p><p> Archer-Daniels-Midland holds its global investor day.</p><p><blockquote>阿彻-丹尼尔斯-米德兰举办全球投资者日。</blockquote></p><p> <a href=\"https://laohu8.com/S/CNC\">Centene</a> holds an investor meeting and will provide financial guidance for 2022.</p><p><blockquote><a href=\"https://laohu8.com/S/CNC\">Centene</a>召开投资者会议，并将提供2022年的财务指导。</blockquote></p><p> The Bureau of Labor Statistics releases the consumer price index for November. Consensus estimate is for a 6.7% year-over-year jump, half a percentage point more than in October. The core CPI, which excludes volatile food and energy prices, is expected to rise 4.8% versus 4.6% previously. October’s 6.2% increase was the hottest the CPI has run in more than 30 years, and this past week Federal Reserve Chairman Jerome <a href=\"https://laohu8.com/S/POWL\">Powell</a> finally ditched “transitory” when discussing inflation before the Senate Banking Committee.</p><p><blockquote>美国劳工统计局发布11月份消费者价格指数。市场普遍预计同比增长6.7%，比10月份高出半个百分点。排除波动较大的食品和能源价格的核心CPI预计将上涨4.8%，而此前为4.6%。10月份6.2%的涨幅是CPI 30多年来最热的一次，而上周美联储主席杰罗姆<a href=\"https://laohu8.com/S/POWL\">鲍威尔</a>在参议院银行委员会讨论通货膨胀时，最终放弃了“暂时性”。</blockquote></p><p> The University of Michigan releases its Consumer Sentiment index for December. Economists forecast a 66 reading, slightly less than the November data.</p><p><blockquote>密歇根大学发布12月份消费者信心指数。经济学家预测为66，略低于11月份的数据。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.marketwatch.com/articles/game-stop-toll-brothers-costco-cvs-and-other-stocks-to-watch-this-week-51638734413?mod=barrons-on-marketwatch\">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":{"COST":"好市多","GME":"游戏驿站","BK4088":"住宅建筑","TOL":"托尔兄弟","CVS":"西维斯健康"},"source_url":"https://www.marketwatch.com/articles/game-stop-toll-brothers-costco-cvs-and-other-stocks-to-watch-this-week-51638734413?mod=barrons-on-marketwatch","is_english":true,"share_image_url":"https://static.laohu8.com/599a65733b8245fcf7868668ef9ad712","article_id":"1179313612","content_text":"Meme stock darling GameStop headlines this week’s earnings report lineup. The videogame retailer reports results after the market closes on Wednesday. AutoZone, Casey’s General Stores, and Toll Brothers report earnings on Tuesday, followed by Brown-Forman and Campbell Soup on Wednesday. Broadcom, Costco Wholesale, and Hormel Foods round things out on Thursday.\nOn Monday, Union Pacific will hold a conference call to discuss its climate action plan. McKesson and Southwest Airlines host their 2021 investor days on Wednesday, followed by CVS Health and Tyson Foods on Thursday.\nThe Federal Reserve’s report on consumer credit data for October will be released on Tuesday. On Thursday, the U.S. Labor Department reports initial jobless claims for the week ending on Dec. 4.\nThe Bureau of Labor Statistics releases the consumer price index for November on Friday. The consensus estimate is for a 6.7% year-over-year jump, half a percentage point more than in October. The core CPI, which excludes volatile food and energy prices, is expected to rise 4.8% versus 4.6% previously.\nMonday 12/6\nUnion Pacific holds a conference call to discuss its climate action plan.\nTuesday 12/7\nAutoZone, Casey’s General Stores, and Toll Brothers announce quarterly results.\nThe Federal Reserve reports on consumer credit data for October. After falling slightly last year, total outstanding consumer debt has risen an average of $20 billion a month through September, and stands at a record $4.37 trillion.\nWednesday 12/8\nThe BLS releases the Job Openings and Labor Turnover Survey. Economists forecast 10.5 million job openings on the last business day of October, only 600,000 less than the record high of 11.1 million in July.\nBrown-Forman, Campbell Soup, and GameStop report earnings.\nMcKesson and Southwest Airlines host their 2021 investor days.\nEdwards Lifesciences holds an investor conference in Irvine, Calif. The company will discuss its product pipeline as well as its financial outlook for 2022.\nThe Bank of Canada announces its monetary-policy decision. The central bank is expected to keep its key short-term interest rate unchanged at 0.25%. At its late-October meeting, the bank ended its quantitative-easing program and signaled that its first interest-rate hike would be earlier in 2022 than had been expected.\nThursday 12/9\nBroadcom, Costco Wholesale, and Hormel Foods hold conference calls to discuss quarterly results.\nCVS Health and Tyson Foods host their annual investor days.\nThe Department of Labor reports initial jobless claims for the week ending on Dec. 4. Jobless claims averaged 238,750 in November, the lowest since the beginning of the pandemic, and just 24,750 more than in February of 2020.\nFriday 12/10\nArcher-Daniels-Midland holds its global investor day.\nCentene holds an investor meeting and will provide financial guidance for 2022.\nThe Bureau of Labor Statistics releases the consumer price index for November. Consensus estimate is for a 6.7% year-over-year jump, half a percentage point more than in October. The core CPI, which excludes volatile food and energy prices, is expected to rise 4.8% versus 4.6% previously. October’s 6.2% increase was the hottest the CPI has run in more than 30 years, and this past week Federal Reserve Chairman Jerome Powell finally ditched “transitory” when discussing inflation before the Senate Banking Committee.\nThe University of Michigan releases its Consumer Sentiment index for December. Economists forecast a 66 reading, slightly less than the November data.","news_type":1,"symbols_score_info":{"GME":0.9,"COST":0.9,"TOL":0.9,"CVS":0.9}},"isVote":1,"tweetType":1,"viewCount":875,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":608397469,"gmtCreate":1638619266800,"gmtModify":1638619266948,"author":{"id":"3573553598754980","authorId":"3573553598754980","name":"diamondHands","avatar":"https://static.tigerbbs.com/dc04e09561a7a5cf929c1ad9f33b1d82","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573553598754980","authorIdStr":"3573553598754980"},"themes":[],"htmlText":"Like please","listText":"Like please","text":"Like please","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/608397469","repostId":"1174181873","repostType":4,"repost":{"id":"1174181873","kind":"news","pubTimestamp":1638578178,"share":"https://www.laohu8.com/m/news/1174181873?lang=zh_CN&edition=full","pubTime":"2021-12-04 08:36","market":"us","language":"en","title":"US IPO Week Ahead: Digital banking and cloud infrastructure lead a 4 IPO week<blockquote>美国IPO周：数字银行和云基础设施引领IPO周4</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1174181873","media":"renaissancecap...","summary":"The IPO market is expected to pick up in the week ahead with four IPOs scheduled to raise $3.7 billi","content":"<p>The IPO market is expected to pick up in the week ahead with four IPOs scheduled to raise $3.7 billion.</p><p><blockquote>IPO市场预计将在未来一周回暖，预计将有四起IPO筹集37亿美元。</blockquote></p><p> Buffett-backed&nbsp;<b>Nu Holdings</b>(NU) plans to raise $2.5 billion at a $41.1 billion market cap. Operating as Nubank, this Brazilian online-only bank was formed in 2013 to launch a no-fees credit card offering with a mobile-first customer experience, but has since expanded to offer various other financial products. Nu has grown rapidly since its inception, with a current base of nearly 50 million customers, though revenue per customer has been falling as its base grows.</p><p><blockquote>巴菲特支持<b>Nu控股</b>(NU)计划以411亿美元的市值筹集25亿美元。这家巴西纯在线银行成立于2013年，名为Nubank，旨在推出具有移动优先客户体验的免费信用卡产品，但此后已扩展到提供各种其他金融产品。Nu自成立以来发展迅速，目前拥有近5000万客户群，尽管随着客户群的增长，每个客户的收入一直在下降。</blockquote></p><p> Cloud infrastructure platform&nbsp;<b>HashiCorp</b>(HCP) plans to raise $1.1 billion at a $14.0 billion market cap. This VC-backed company provides a suite of solutions that standardize and automate the provisioning, securing, connecting, and running of cloud infrastructure at scale. While it has demonstrated rapid growth and a sticky customer base, HashiCorp is highly unprofitable due to S&amp;M spend.</p><p><blockquote>云基础设施平台<b>哈希公司</b>(HCP)计划以140亿美元的市值筹集11亿美元。这家风险投资支持的公司提供了一套解决方案，可标准化和自动化大规模云基础设施的配置、保护、连接和运行。尽管HashiCorp表现出快速增长和粘性客户群，但由于S&amp;M支出，HashiCorp非常无利可图。</blockquote></p><p> Cannabis finance REIT&nbsp;<b>Chicago Atlantic Real Estate Finance</b>(REFI) plans to raise $106 million at a $296 million market cap. This newly-formed REIT is focused on originating, structuring, and investing in first mortgage loans and alternative structured financings secured by commercial real estate properties. Its current portfolio consists of senior loans to state-licensed operators in the cannabis industry.</p><p><blockquote>大麻金融房地产投资信托基金<b>芝加哥大西洋房地产金融</b>(REFI)计划以2.96亿美元的市值筹集1.06亿美元。这个新成立的房地产投资信托基金专注于发起、构建和投资由商业房地产担保的第一抵押贷款和另类结构性融资。其目前的投资组合包括向大麻行业国家许可运营商提供的高级贷款。</blockquote></p><p> Canadian gold exploration company&nbsp;<b>Austin Gold</b>(AUST) plans to raise $15 million at a $64 million market cap. This Canadian gold exploration company currently has interests in four properties located in the state of Nevada, with just one property that it considers material at this time. Austin Gold has not generated any operating revenues to date.</p><p><blockquote>加拿大黄金勘探公司<b>奥斯汀·戈尔德</b>(AUST)计划以6400万美元的市值筹集1500万美元。这家加拿大黄金勘探公司目前拥有位于内华达州的四处地产的权益，目前只有一处地产被认为是重要的。迄今为止，奥斯汀黄金尚未产生任何营业收入。</blockquote></p><p></p>","source":"lsy1619493174116","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>US IPO Week Ahead: Digital banking and cloud infrastructure lead a 4 IPO week<blockquote>美国IPO周：数字银行和云基础设施引领IPO周4</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nUS IPO Week Ahead: Digital banking and cloud infrastructure lead a 4 IPO week<blockquote>美国IPO周：数字银行和云基础设施引领IPO周4</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">renaissancecap...</strong><span class=\"h-time small\">2021-12-04 08:36</span>\n</p>\n</h4>\n</header>\n<article>\n<p>The IPO market is expected to pick up in the week ahead with four IPOs scheduled to raise $3.7 billion.</p><p><blockquote>IPO市场预计将在未来一周回暖，预计将有四起IPO筹集37亿美元。</blockquote></p><p> Buffett-backed&nbsp;<b>Nu Holdings</b>(NU) plans to raise $2.5 billion at a $41.1 billion market cap. Operating as Nubank, this Brazilian online-only bank was formed in 2013 to launch a no-fees credit card offering with a mobile-first customer experience, but has since expanded to offer various other financial products. Nu has grown rapidly since its inception, with a current base of nearly 50 million customers, though revenue per customer has been falling as its base grows.</p><p><blockquote>巴菲特支持<b>Nu控股</b>(NU)计划以411亿美元的市值筹集25亿美元。这家巴西纯在线银行成立于2013年，名为Nubank，旨在推出具有移动优先客户体验的免费信用卡产品，但此后已扩展到提供各种其他金融产品。Nu自成立以来发展迅速，目前拥有近5000万客户群，尽管随着客户群的增长，每个客户的收入一直在下降。</blockquote></p><p> Cloud infrastructure platform&nbsp;<b>HashiCorp</b>(HCP) plans to raise $1.1 billion at a $14.0 billion market cap. This VC-backed company provides a suite of solutions that standardize and automate the provisioning, securing, connecting, and running of cloud infrastructure at scale. While it has demonstrated rapid growth and a sticky customer base, HashiCorp is highly unprofitable due to S&amp;M spend.</p><p><blockquote>云基础设施平台<b>哈希公司</b>(HCP)计划以140亿美元的市值筹集11亿美元。这家风险投资支持的公司提供了一套解决方案，可标准化和自动化大规模云基础设施的配置、保护、连接和运行。尽管HashiCorp表现出快速增长和粘性客户群，但由于S&amp;M支出，HashiCorp非常无利可图。</blockquote></p><p> Cannabis finance REIT&nbsp;<b>Chicago Atlantic Real Estate Finance</b>(REFI) plans to raise $106 million at a $296 million market cap. This newly-formed REIT is focused on originating, structuring, and investing in first mortgage loans and alternative structured financings secured by commercial real estate properties. Its current portfolio consists of senior loans to state-licensed operators in the cannabis industry.</p><p><blockquote>大麻金融房地产投资信托基金<b>芝加哥大西洋房地产金融</b>(REFI)计划以2.96亿美元的市值筹集1.06亿美元。这个新成立的房地产投资信托基金专注于发起、构建和投资由商业房地产担保的第一抵押贷款和另类结构性融资。其目前的投资组合包括向大麻行业国家许可运营商提供的高级贷款。</blockquote></p><p> Canadian gold exploration company&nbsp;<b>Austin Gold</b>(AUST) plans to raise $15 million at a $64 million market cap. This Canadian gold exploration company currently has interests in four properties located in the state of Nevada, with just one property that it considers material at this time. Austin Gold has not generated any operating revenues to date.</p><p><blockquote>加拿大黄金勘探公司<b>奥斯汀·戈尔德</b>(AUST)计划以6400万美元的市值筹集1500万美元。这家加拿大黄金勘探公司目前拥有位于内华达州的四处地产的权益，目前只有一处地产被认为是重要的。迄今为止，奥斯汀黄金尚未产生任何营业收入。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.renaissancecapital.com/IPO-Center/News/89235/US-IPO-Week-Ahead-Digital-banking-and-cloud-infrastructure-lead-a-4-IPO-wee\">renaissancecap...</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"HCP":"HashiCorp, Inc.","NU":"Nu Holdings Ltd.","REFI":"Chicago Atlantic Real Estate Finance, Inc."},"source_url":"https://www.renaissancecapital.com/IPO-Center/News/89235/US-IPO-Week-Ahead-Digital-banking-and-cloud-infrastructure-lead-a-4-IPO-wee","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1174181873","content_text":"The IPO market is expected to pick up in the week ahead with four IPOs scheduled to raise $3.7 billion.\nBuffett-backed Nu Holdings(NU) plans to raise $2.5 billion at a $41.1 billion market cap. Operating as Nubank, this Brazilian online-only bank was formed in 2013 to launch a no-fees credit card offering with a mobile-first customer experience, but has since expanded to offer various other financial products. Nu has grown rapidly since its inception, with a current base of nearly 50 million customers, though revenue per customer has been falling as its base grows.\nCloud infrastructure platform HashiCorp(HCP) plans to raise $1.1 billion at a $14.0 billion market cap. This VC-backed company provides a suite of solutions that standardize and automate the provisioning, securing, connecting, and running of cloud infrastructure at scale. While it has demonstrated rapid growth and a sticky customer base, HashiCorp is highly unprofitable due to S&M spend.\nCannabis finance REIT Chicago Atlantic Real Estate Finance(REFI) plans to raise $106 million at a $296 million market cap. This newly-formed REIT is focused on originating, structuring, and investing in first mortgage loans and alternative structured financings secured by commercial real estate properties. Its current portfolio consists of senior loans to state-licensed operators in the cannabis industry.\nCanadian gold exploration company Austin Gold(AUST) plans to raise $15 million at a $64 million market cap. This Canadian gold exploration company currently has interests in four properties located in the state of Nevada, with just one property that it considers material at this time. Austin Gold has not generated any operating revenues to date.","news_type":1,"symbols_score_info":{"NU":0.9,"HCP":0.9,"REFI":0.9}},"isVote":1,"tweetType":1,"viewCount":791,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":609893266,"gmtCreate":1638260893191,"gmtModify":1638260893260,"author":{"id":"3573553598754980","authorId":"3573553598754980","name":"diamondHands","avatar":"https://static.tigerbbs.com/dc04e09561a7a5cf929c1ad9f33b1d82","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573553598754980","authorIdStr":"3573553598754980"},"themes":[],"htmlText":"Like please","listText":"Like please","text":"Like please","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/609893266","repostId":"1115145630","repostType":2,"isVote":1,"tweetType":1,"viewCount":862,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":600071961,"gmtCreate":1638023792726,"gmtModify":1638023792791,"author":{"id":"3573553598754980","authorId":"3573553598754980","name":"diamondHands","avatar":"https://static.tigerbbs.com/dc04e09561a7a5cf929c1ad9f33b1d82","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573553598754980","authorIdStr":"3573553598754980"},"themes":[],"htmlText":"Like please","listText":"Like please","text":"Like please","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/600071961","repostId":"2186344334","repostType":4,"isVote":1,"tweetType":1,"viewCount":846,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0}],"hots":[{"id":608570071,"gmtCreate":1638766830090,"gmtModify":1638766830157,"author":{"id":"3573553598754980","authorId":"3573553598754980","name":"diamondHands","avatar":"https://static.tigerbbs.com/dc04e09561a7a5cf929c1ad9f33b1d82","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573553598754980","authorIdStr":"3573553598754980"},"themes":[],"htmlText":"Like please","listText":"Like please","text":"Like please","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":7,"repostSize":0,"link":"https://laohu8.com/post/608570071","repostId":"1179313612","repostType":4,"repost":{"id":"1179313612","kind":"news","pubTimestamp":1638745398,"share":"https://www.laohu8.com/m/news/1179313612?lang=zh_CN&edition=full","pubTime":"2021-12-06 07:03","market":"us","language":"en","title":"Game Stop, Toll Brothers, Costco, CVS, and Other Stocks to Watch This Week<blockquote>Game Stop、Toll Brothers、Costco、CVS和其他本周值得关注的股票</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1179313612","media":"Barrons","summary":"Meme stock darling GameStop headlines this week’s earnings report lineup. The videogame retailer rep","content":"<p>Meme stock darling <a href=\"https://laohu8.com/S/GME\">GameStop</a> headlines this week’s earnings report lineup. The videogame retailer reports results after the market closes on Wednesday. <a href=\"https://laohu8.com/S/AZO\">AutoZone</a>, Casey’s <a href=\"https://laohu8.com/S/BGC\">General</a> Stores, and <a href=\"https://laohu8.com/S/TOL\">Toll Brothers</a> report earnings on Tuesday, followed by <a href=\"https://laohu8.com/S/BF.A\">Brown-Forman</a> and <a href=\"https://laohu8.com/S/CPB\">Campbell Soup</a> on Wednesday. <a href=\"https://laohu8.com/S/AVGO\">Broadcom</a>, <a href=\"https://laohu8.com/S/COST\">Costco</a> Wholesale, and <a href=\"https://laohu8.com/S/HRL\">Hormel</a> Foods round things out on Thursday.</p><p><blockquote>模因股票宠儿<a href=\"https://laohu8.com/S/GME\">游戏驿站</a>本周财报阵容头条。这家视频游戏零售商将在周三收盘后公布业绩。<a href=\"https://laohu8.com/S/AZO\">AutoZone</a>，凯西的<a href=\"https://laohu8.com/S/BGC\">一般的</a>商店，以及<a href=\"https://laohu8.com/S/TOL\">托尔兄弟</a>周二公布收益，随后<a href=\"https://laohu8.com/S/BF.A\">布朗-福尔曼</a>和<a href=\"https://laohu8.com/S/CPB\">坎贝尔汤</a>星期三。<a href=\"https://laohu8.com/S/AVGO\">Broadcom</a>,<a href=\"https://laohu8.com/S/COST\">Costco</a>批发，及<a href=\"https://laohu8.com/S/HRL\">荷美尔</a>周四的食物使事情更加圆满。</blockquote></p><p> On Monday, <a href=\"https://laohu8.com/S/UNP\">Union Pacific</a> will hold a conference call to discuss its climate action plan. <a href=\"https://laohu8.com/S/MCK\">McKesson</a> and <a href=\"https://laohu8.com/S/LUV\">Southwest Airlines</a> host their 2021 investor days on Wednesday, followed by <a href=\"https://laohu8.com/S/CVS\">CVS Health</a> and <a href=\"https://laohu8.com/S/TSN\">Tyson</a> Foods on Thursday.</p><p><blockquote>周一，<a href=\"https://laohu8.com/S/UNP\">联合太平洋</a>将召开电话会议讨论其气候行动计划。<a href=\"https://laohu8.com/S/MCK\">麦克森</a>和<a href=\"https://laohu8.com/S/LUV\">西南航空</a>周三举办2021年投资者日，随后<a href=\"https://laohu8.com/S/CVS\">CVS健康</a>和<a href=\"https://laohu8.com/S/TSN\">泰森</a>周四的食物。</blockquote></p><p> The Federal Reserve’s report on consumer credit data for October will be released on Tuesday. On Thursday, the U.S. Labor Department reports initial jobless claims for the week ending on Dec. 4.</p><p><blockquote>美联储10月消费者信贷数据报告将于周二公布。周四，美国劳工部公布了截至12月4日当周的首次申请失业救济人数。</blockquote></p><p> The Bureau of Labor Statistics releases the consumer price index for November on Friday. The consensus estimate is for a 6.7% year-over-year jump, half a percentage point more than in October. The core CPI, which excludes volatile food and energy prices, is expected to rise 4.8% versus 4.6% previously.</p><p><blockquote>美国劳工统计局周五发布11月份消费者价格指数。市场普遍预期同比增长6.7%，比10月份高出半个百分点。排除波动较大的食品和能源价格的核心CPI预计将上涨4.8%，而此前为4.6%。</blockquote></p><p> <b>Monday 12/6</b></p><p><blockquote><b>星期一12/6</b></blockquote></p><p> Union Pacific holds a conference call to discuss its climate action plan.</p><p><blockquote>联合太平洋公司召开电话会议讨论其气候行动计划。</blockquote></p><p> <b>Tuesday 12/7</b></p><p><blockquote><b>星期二12/7</b></blockquote></p><p> AutoZone, Casey’s General Stores, and Toll Brothers announce quarterly results.</p><p><blockquote>AutoZone、Casey’s General Stores和Toll Brothers公布季度业绩。</blockquote></p><p> The Federal Reserve reports on consumer credit data for October. After falling slightly last year, total outstanding consumer debt has risen an average of $20 billion a month through September, and stands at a record $4.37 trillion.</p><p><blockquote>美联储报告10月份消费者信贷数据。继去年小幅下降后，截至9月份，未偿消费者债务总额平均每月增加200亿美元，达到创纪录的4.37万亿美元。</blockquote></p><p> <b>Wednesday 12/8</b></p><p><blockquote><b>星期三12/8</b></blockquote></p><p> The BLS releases the Job Openings and Labor Turnover Survey. Economists forecast 10.5 million job openings on the last business day of October, only 600,000 less than the record high of 11.1 million in July.</p><p><blockquote>BLS发布职位空缺和劳动力流动调查。经济学家预测10月最后一个工作日将有1050万个职位空缺，仅比7月1110万的历史新高少60万个。</blockquote></p><p> <a href=\"https://laohu8.com/S/BF.B\">Brown-Forman</a>, Campbell Soup, and GameStop report earnings.</p><p><blockquote><a href=\"https://laohu8.com/S/BF.B\">布朗-福尔曼</a>、金宝汤和游戏驿站公布财报。</blockquote></p><p> McKesson and <a href=\"https://laohu8.com/S/OKSB\">Southwest</a> Airlines host their 2021 investor days.</p><p><blockquote>麦克森和<a href=\"https://laohu8.com/S/OKSB\">西南</a>航空公司举办2021年投资者日。</blockquote></p><p> <a href=\"https://laohu8.com/S/EW\">Edwards Lifesciences</a> holds an investor conference in Irvine, Calif. The company will discuss its product pipeline as well as its financial outlook for 2022.</p><p><blockquote><a href=\"https://laohu8.com/S/EW\">爱德华兹生命科学公司</a>在加州尔湾举行投资者会议。该公司将讨论其产品线以及2022年的财务前景。</blockquote></p><p> The Bank of Canada announces its monetary-policy decision. The central bank is expected to keep its key short-term interest rate unchanged at 0.25%. At its late-October meeting, the bank ended its quantitative-easing program and signaled that its first interest-rate hike would be earlier in 2022 than had been expected.</p><p><blockquote>加拿大央行宣布货币政策决定。预计央行将维持关键短期利率在0.25%不变。在10月底的会议上，央行结束了量化宽松计划，并表示首次加息将于2022年早于预期。</blockquote></p><p> <b>Thursday 12/9</b></p><p><blockquote><b>星期四12/9</b></blockquote></p><p> Broadcom, Costco Wholesale, and Hormel Foods hold conference calls to discuss quarterly results.</p><p><blockquote>Broadcom、Costco Wholesale和Hormel Foods在评级召开会议讨论季度业绩。</blockquote></p><p> CVS Health and Tyson Foods host their annual investor days.</p><p><blockquote>CVS Health和泰森食品举办年度投资者日。</blockquote></p><p> The Department of Labor reports initial jobless claims for the week ending on Dec. 4. Jobless claims averaged 238,750 in November, the lowest since the beginning of the pandemic, and just 24,750 more than in February of 2020.</p><p><blockquote>劳工部报告了截至12月4日当周的首次申请失业救济人数。11月份平均申请失业救济人数为238,750人，为大流行开始以来的最低水平，仅比2020年2月增加24,750人。</blockquote></p><p> <b>Friday 12/10</b></p><p><blockquote><b>星期五12/10</b></blockquote></p><p> Archer-Daniels-Midland holds its global investor day.</p><p><blockquote>阿彻-丹尼尔斯-米德兰举办全球投资者日。</blockquote></p><p> <a href=\"https://laohu8.com/S/CNC\">Centene</a> holds an investor meeting and will provide financial guidance for 2022.</p><p><blockquote><a href=\"https://laohu8.com/S/CNC\">Centene</a>召开投资者会议，并将提供2022年的财务指导。</blockquote></p><p> The Bureau of Labor Statistics releases the consumer price index for November. Consensus estimate is for a 6.7% year-over-year jump, half a percentage point more than in October. The core CPI, which excludes volatile food and energy prices, is expected to rise 4.8% versus 4.6% previously. October’s 6.2% increase was the hottest the CPI has run in more than 30 years, and this past week Federal Reserve Chairman Jerome <a href=\"https://laohu8.com/S/POWL\">Powell</a> finally ditched “transitory” when discussing inflation before the Senate Banking Committee.</p><p><blockquote>美国劳工统计局发布11月份消费者价格指数。市场普遍预计同比增长6.7%，比10月份高出半个百分点。排除波动较大的食品和能源价格的核心CPI预计将上涨4.8%，而此前为4.6%。10月份6.2%的涨幅是CPI 30多年来最热的一次，而上周美联储主席杰罗姆<a href=\"https://laohu8.com/S/POWL\">鲍威尔</a>在参议院银行委员会讨论通货膨胀时，最终放弃了“暂时性”。</blockquote></p><p> The University of Michigan releases its Consumer Sentiment index for December. Economists forecast a 66 reading, slightly less than the November data.</p><p><blockquote>密歇根大学发布12月份消费者信心指数。经济学家预测为66，略低于11月份的数据。</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>Game Stop, Toll Brothers, Costco, CVS, and Other Stocks to Watch This Week<blockquote>Game Stop、Toll Brothers、Costco、CVS和其他本周值得关注的股票</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\">\nGame Stop, Toll Brothers, Costco, CVS, and Other Stocks to Watch This Week<blockquote>Game Stop、Toll Brothers、Costco、CVS和其他本周值得关注的股票</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Barrons</strong><span class=\"h-time small\">2021-12-06 07:03</span>\n</p>\n</h4>\n</header>\n<article>\n<p>Meme stock darling <a href=\"https://laohu8.com/S/GME\">GameStop</a> headlines this week’s earnings report lineup. The videogame retailer reports results after the market closes on Wednesday. <a href=\"https://laohu8.com/S/AZO\">AutoZone</a>, Casey’s <a href=\"https://laohu8.com/S/BGC\">General</a> Stores, and <a href=\"https://laohu8.com/S/TOL\">Toll Brothers</a> report earnings on Tuesday, followed by <a href=\"https://laohu8.com/S/BF.A\">Brown-Forman</a> and <a href=\"https://laohu8.com/S/CPB\">Campbell Soup</a> on Wednesday. <a href=\"https://laohu8.com/S/AVGO\">Broadcom</a>, <a href=\"https://laohu8.com/S/COST\">Costco</a> Wholesale, and <a href=\"https://laohu8.com/S/HRL\">Hormel</a> Foods round things out on Thursday.</p><p><blockquote>模因股票宠儿<a href=\"https://laohu8.com/S/GME\">游戏驿站</a>本周财报阵容头条。这家视频游戏零售商将在周三收盘后公布业绩。<a href=\"https://laohu8.com/S/AZO\">AutoZone</a>，凯西的<a href=\"https://laohu8.com/S/BGC\">一般的</a>商店，以及<a href=\"https://laohu8.com/S/TOL\">托尔兄弟</a>周二公布收益，随后<a href=\"https://laohu8.com/S/BF.A\">布朗-福尔曼</a>和<a href=\"https://laohu8.com/S/CPB\">坎贝尔汤</a>星期三。<a href=\"https://laohu8.com/S/AVGO\">Broadcom</a>,<a href=\"https://laohu8.com/S/COST\">Costco</a>批发，及<a href=\"https://laohu8.com/S/HRL\">荷美尔</a>周四的食物使事情更加圆满。</blockquote></p><p> On Monday, <a href=\"https://laohu8.com/S/UNP\">Union Pacific</a> will hold a conference call to discuss its climate action plan. <a href=\"https://laohu8.com/S/MCK\">McKesson</a> and <a href=\"https://laohu8.com/S/LUV\">Southwest Airlines</a> host their 2021 investor days on Wednesday, followed by <a href=\"https://laohu8.com/S/CVS\">CVS Health</a> and <a href=\"https://laohu8.com/S/TSN\">Tyson</a> Foods on Thursday.</p><p><blockquote>周一，<a href=\"https://laohu8.com/S/UNP\">联合太平洋</a>将召开电话会议讨论其气候行动计划。<a href=\"https://laohu8.com/S/MCK\">麦克森</a>和<a href=\"https://laohu8.com/S/LUV\">西南航空</a>周三举办2021年投资者日，随后<a href=\"https://laohu8.com/S/CVS\">CVS健康</a>和<a href=\"https://laohu8.com/S/TSN\">泰森</a>周四的食物。</blockquote></p><p> The Federal Reserve’s report on consumer credit data for October will be released on Tuesday. On Thursday, the U.S. Labor Department reports initial jobless claims for the week ending on Dec. 4.</p><p><blockquote>美联储10月消费者信贷数据报告将于周二公布。周四，美国劳工部公布了截至12月4日当周的首次申请失业救济人数。</blockquote></p><p> The Bureau of Labor Statistics releases the consumer price index for November on Friday. The consensus estimate is for a 6.7% year-over-year jump, half a percentage point more than in October. The core CPI, which excludes volatile food and energy prices, is expected to rise 4.8% versus 4.6% previously.</p><p><blockquote>美国劳工统计局周五发布11月份消费者价格指数。市场普遍预期同比增长6.7%，比10月份高出半个百分点。排除波动较大的食品和能源价格的核心CPI预计将上涨4.8%，而此前为4.6%。</blockquote></p><p> <b>Monday 12/6</b></p><p><blockquote><b>星期一12/6</b></blockquote></p><p> Union Pacific holds a conference call to discuss its climate action plan.</p><p><blockquote>联合太平洋公司召开电话会议讨论其气候行动计划。</blockquote></p><p> <b>Tuesday 12/7</b></p><p><blockquote><b>星期二12/7</b></blockquote></p><p> AutoZone, Casey’s General Stores, and Toll Brothers announce quarterly results.</p><p><blockquote>AutoZone、Casey’s General Stores和Toll Brothers公布季度业绩。</blockquote></p><p> The Federal Reserve reports on consumer credit data for October. After falling slightly last year, total outstanding consumer debt has risen an average of $20 billion a month through September, and stands at a record $4.37 trillion.</p><p><blockquote>美联储报告10月份消费者信贷数据。继去年小幅下降后，截至9月份，未偿消费者债务总额平均每月增加200亿美元，达到创纪录的4.37万亿美元。</blockquote></p><p> <b>Wednesday 12/8</b></p><p><blockquote><b>星期三12/8</b></blockquote></p><p> The BLS releases the Job Openings and Labor Turnover Survey. Economists forecast 10.5 million job openings on the last business day of October, only 600,000 less than the record high of 11.1 million in July.</p><p><blockquote>BLS发布职位空缺和劳动力流动调查。经济学家预测10月最后一个工作日将有1050万个职位空缺，仅比7月1110万的历史新高少60万个。</blockquote></p><p> <a href=\"https://laohu8.com/S/BF.B\">Brown-Forman</a>, Campbell Soup, and GameStop report earnings.</p><p><blockquote><a href=\"https://laohu8.com/S/BF.B\">布朗-福尔曼</a>、金宝汤和游戏驿站公布财报。</blockquote></p><p> McKesson and <a href=\"https://laohu8.com/S/OKSB\">Southwest</a> Airlines host their 2021 investor days.</p><p><blockquote>麦克森和<a href=\"https://laohu8.com/S/OKSB\">西南</a>航空公司举办2021年投资者日。</blockquote></p><p> <a href=\"https://laohu8.com/S/EW\">Edwards Lifesciences</a> holds an investor conference in Irvine, Calif. The company will discuss its product pipeline as well as its financial outlook for 2022.</p><p><blockquote><a href=\"https://laohu8.com/S/EW\">爱德华兹生命科学公司</a>在加州尔湾举行投资者会议。该公司将讨论其产品线以及2022年的财务前景。</blockquote></p><p> The Bank of Canada announces its monetary-policy decision. The central bank is expected to keep its key short-term interest rate unchanged at 0.25%. At its late-October meeting, the bank ended its quantitative-easing program and signaled that its first interest-rate hike would be earlier in 2022 than had been expected.</p><p><blockquote>加拿大央行宣布货币政策决定。预计央行将维持关键短期利率在0.25%不变。在10月底的会议上，央行结束了量化宽松计划，并表示首次加息将于2022年早于预期。</blockquote></p><p> <b>Thursday 12/9</b></p><p><blockquote><b>星期四12/9</b></blockquote></p><p> Broadcom, Costco Wholesale, and Hormel Foods hold conference calls to discuss quarterly results.</p><p><blockquote>Broadcom、Costco Wholesale和Hormel Foods在评级召开会议讨论季度业绩。</blockquote></p><p> CVS Health and Tyson Foods host their annual investor days.</p><p><blockquote>CVS Health和泰森食品举办年度投资者日。</blockquote></p><p> The Department of Labor reports initial jobless claims for the week ending on Dec. 4. Jobless claims averaged 238,750 in November, the lowest since the beginning of the pandemic, and just 24,750 more than in February of 2020.</p><p><blockquote>劳工部报告了截至12月4日当周的首次申请失业救济人数。11月份平均申请失业救济人数为238,750人，为大流行开始以来的最低水平，仅比2020年2月增加24,750人。</blockquote></p><p> <b>Friday 12/10</b></p><p><blockquote><b>星期五12/10</b></blockquote></p><p> Archer-Daniels-Midland holds its global investor day.</p><p><blockquote>阿彻-丹尼尔斯-米德兰举办全球投资者日。</blockquote></p><p> <a href=\"https://laohu8.com/S/CNC\">Centene</a> holds an investor meeting and will provide financial guidance for 2022.</p><p><blockquote><a href=\"https://laohu8.com/S/CNC\">Centene</a>召开投资者会议，并将提供2022年的财务指导。</blockquote></p><p> The Bureau of Labor Statistics releases the consumer price index for November. Consensus estimate is for a 6.7% year-over-year jump, half a percentage point more than in October. The core CPI, which excludes volatile food and energy prices, is expected to rise 4.8% versus 4.6% previously. October’s 6.2% increase was the hottest the CPI has run in more than 30 years, and this past week Federal Reserve Chairman Jerome <a href=\"https://laohu8.com/S/POWL\">Powell</a> finally ditched “transitory” when discussing inflation before the Senate Banking Committee.</p><p><blockquote>美国劳工统计局发布11月份消费者价格指数。市场普遍预计同比增长6.7%，比10月份高出半个百分点。排除波动较大的食品和能源价格的核心CPI预计将上涨4.8%，而此前为4.6%。10月份6.2%的涨幅是CPI 30多年来最热的一次，而上周美联储主席杰罗姆<a href=\"https://laohu8.com/S/POWL\">鲍威尔</a>在参议院银行委员会讨论通货膨胀时，最终放弃了“暂时性”。</blockquote></p><p> The University of Michigan releases its Consumer Sentiment index for December. Economists forecast a 66 reading, slightly less than the November data.</p><p><blockquote>密歇根大学发布12月份消费者信心指数。经济学家预测为66，略低于11月份的数据。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.marketwatch.com/articles/game-stop-toll-brothers-costco-cvs-and-other-stocks-to-watch-this-week-51638734413?mod=barrons-on-marketwatch\">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":{"COST":"好市多","GME":"游戏驿站","BK4088":"住宅建筑","TOL":"托尔兄弟","CVS":"西维斯健康"},"source_url":"https://www.marketwatch.com/articles/game-stop-toll-brothers-costco-cvs-and-other-stocks-to-watch-this-week-51638734413?mod=barrons-on-marketwatch","is_english":true,"share_image_url":"https://static.laohu8.com/599a65733b8245fcf7868668ef9ad712","article_id":"1179313612","content_text":"Meme stock darling GameStop headlines this week’s earnings report lineup. The videogame retailer reports results after the market closes on Wednesday. AutoZone, Casey’s General Stores, and Toll Brothers report earnings on Tuesday, followed by Brown-Forman and Campbell Soup on Wednesday. Broadcom, Costco Wholesale, and Hormel Foods round things out on Thursday.\nOn Monday, Union Pacific will hold a conference call to discuss its climate action plan. McKesson and Southwest Airlines host their 2021 investor days on Wednesday, followed by CVS Health and Tyson Foods on Thursday.\nThe Federal Reserve’s report on consumer credit data for October will be released on Tuesday. On Thursday, the U.S. Labor Department reports initial jobless claims for the week ending on Dec. 4.\nThe Bureau of Labor Statistics releases the consumer price index for November on Friday. The consensus estimate is for a 6.7% year-over-year jump, half a percentage point more than in October. The core CPI, which excludes volatile food and energy prices, is expected to rise 4.8% versus 4.6% previously.\nMonday 12/6\nUnion Pacific holds a conference call to discuss its climate action plan.\nTuesday 12/7\nAutoZone, Casey’s General Stores, and Toll Brothers announce quarterly results.\nThe Federal Reserve reports on consumer credit data for October. After falling slightly last year, total outstanding consumer debt has risen an average of $20 billion a month through September, and stands at a record $4.37 trillion.\nWednesday 12/8\nThe BLS releases the Job Openings and Labor Turnover Survey. Economists forecast 10.5 million job openings on the last business day of October, only 600,000 less than the record high of 11.1 million in July.\nBrown-Forman, Campbell Soup, and GameStop report earnings.\nMcKesson and Southwest Airlines host their 2021 investor days.\nEdwards Lifesciences holds an investor conference in Irvine, Calif. The company will discuss its product pipeline as well as its financial outlook for 2022.\nThe Bank of Canada announces its monetary-policy decision. The central bank is expected to keep its key short-term interest rate unchanged at 0.25%. At its late-October meeting, the bank ended its quantitative-easing program and signaled that its first interest-rate hike would be earlier in 2022 than had been expected.\nThursday 12/9\nBroadcom, Costco Wholesale, and Hormel Foods hold conference calls to discuss quarterly results.\nCVS Health and Tyson Foods host their annual investor days.\nThe Department of Labor reports initial jobless claims for the week ending on Dec. 4. Jobless claims averaged 238,750 in November, the lowest since the beginning of the pandemic, and just 24,750 more than in February of 2020.\nFriday 12/10\nArcher-Daniels-Midland holds its global investor day.\nCentene holds an investor meeting and will provide financial guidance for 2022.\nThe Bureau of Labor Statistics releases the consumer price index for November. Consensus estimate is for a 6.7% year-over-year jump, half a percentage point more than in October. The core CPI, which excludes volatile food and energy prices, is expected to rise 4.8% versus 4.6% previously. October’s 6.2% increase was the hottest the CPI has run in more than 30 years, and this past week Federal Reserve Chairman Jerome Powell finally ditched “transitory” when discussing inflation before the Senate Banking Committee.\nThe University of Michigan releases its Consumer Sentiment index for December. Economists forecast a 66 reading, slightly less than the November data.","news_type":1,"symbols_score_info":{"GME":0.9,"COST":0.9,"TOL":0.9,"CVS":0.9}},"isVote":1,"tweetType":1,"viewCount":875,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":849016102,"gmtCreate":1635701715035,"gmtModify":1635701715096,"author":{"id":"3573553598754980","authorId":"3573553598754980","name":"diamondHands","avatar":"https://static.tigerbbs.com/dc04e09561a7a5cf929c1ad9f33b1d82","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573553598754980","authorIdStr":"3573553598754980"},"themes":[],"htmlText":"Like please","listText":"Like please","text":"Like please","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":5,"repostSize":0,"link":"https://laohu8.com/post/849016102","repostId":"1104228860","repostType":4,"isVote":1,"tweetType":1,"viewCount":283,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":862421245,"gmtCreate":1632904175824,"gmtModify":1632904175956,"author":{"id":"3573553598754980","authorId":"3573553598754980","name":"diamondHands","avatar":"https://static.tigerbbs.com/dc04e09561a7a5cf929c1ad9f33b1d82","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573553598754980","authorIdStr":"3573553598754980"},"themes":[],"htmlText":"Help like please","listText":"Help like please","text":"Help like please","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":5,"repostSize":0,"link":"https://laohu8.com/post/862421245","repostId":"1198528044","repostType":4,"repost":{"id":"1198528044","kind":"news","pubTimestamp":1632882697,"share":"https://www.laohu8.com/m/news/1198528044?lang=zh_CN&edition=full","pubTime":"2021-09-29 10:31","market":"us","language":"en","title":"Technically Speaking: Is The Market \"Melting-Up?\"<blockquote>从技术上讲：市场正在“融化”吗？</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1198528044","media":"seekingalpha","summary":"Summary\n\nGiven the Fed’s ongoing balance sheet operations, investors fully believe they have protect","content":"<p><b>Summary</b></p><p><blockquote><b>总结</b></blockquote></p><p> <ul>  <li>Given the Fed’s ongoing balance sheet operations, investors fully believe they have protection from a decline.</li>  <li>As is always the case, the investing public believes future earnings will justify higher prices during a melt-up. It just never works out that way.</li>  <li>While it is essential to take advantage of the melt-up while it lasts, just don’t become overly complacent “this time is different”.</li> </ul> Is the<i>“market melting-up?”</i>Such was the question I received from my colleague at<i>Cut The Crap Investing.</i>It is an excellent question given the relentless increase in what investors believe is a<i>“no risk”</i>market.</p><p><blockquote><ul><li>鉴于美联储正在进行的资产负债表操作，投资者完全相信他们有能力免受经济衰退的影响。</li><li>与往常一样，投资大众相信未来的收益将证明在融化期间价格上涨是合理的。从来都不是那样的。</li><li>虽然在融化持续期间利用它是至关重要的，但不要过于自满“这次不同了”。</li></ul>是<i>“市场融化？”</i>这是我从我的同事那里收到的问题<i>少废话投资。</i>考虑到投资者认为的持续增长，这是一个很好的问题<i>“没有风险”</i>市场。</blockquote></p><p> Of course, we need a definition of precisely what constitutes a melt-up.</p><p><blockquote>当然，我们需要一个准确定义什么是融化。</blockquote></p><p>   <i>“A melt-up is a sustained and often unexpected improvement in the investment performance of an asset or asset class, driven partly</i>  <i><b>by a stampede of investors who don’t want to miss out on its rise,</b></i>  <i>rather than by fundamental improvements in the economy.“</i>–  <i>Investopedia</i>  Currently, there is sufficient evidence to support the idea of an exuberant market.<b><i>As noted previously:</i></b></p><p><blockquote><i>他说：“熔断是指一项资产或资产类别的投资表现持续且往往出乎意料的改善，部分原因是</i><i><b>不想错过其上涨机会的投资者蜂拥而至，</b></i><i>而不是经济的根本改善。”</i>–<i>投资百科</i>目前，有足够的证据支持市场繁荣的观点。<b><i>如前所述：</i></b></blockquote></p><p>   <i>“Near peaks of market cycles, investors become swept up by the underlying exuberance. That exuberance breeds the “rationalization” that “this time is different.” So how do you know the market is exuberant currently? Via Sentiment Trader:”</i>    <i>‘This type of market activity is an indication that markets have returned their ‘enthusiasm’ stage. Such is characterized by:’</i>  <ul>  <li><b><i>High optimism</i></b></li>  <li><b><i>Easy credit (too easy, with loose terms)</i></b></li>  <li><b><i>A rush of initial and secondary offerings</i></b></li>  <li><b><i>Risky stocks outperforming</i></b></li>  <li><b><i>Stretched valuations</i></b></li> </ul> <img src=\"https://static.tigerbbs.com/ff8de3a84084162ca86b415584bbf793\" tg-width=\"731\" tg-height=\"468\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"></p><p><blockquote><i>“在市场周期接近顶峰时，投资者会被潜在的繁荣所席卷。这种繁荣滋生了“合理化”，即“这次不同了”。那么，你如何知道市场目前是繁荣的呢？通过情绪交易者：”</i><i>这种类型的市场活动表明市场已经回到了“热情”阶段。其特征在于：</i><ul><li><b><i>高度乐观</i></b></li><li><b><i>宽松信贷（太宽松，条款宽松）</i></b></li><li><b><i>首次和二次发行热潮</i></b></li><li><b><i>风险股跑赢大盘</i></b></li><li><b><i>估值过高</i></b></li></ul></blockquote></p><p> However, while one would expect individuals to exhibit caution in such an environment, the opposite is true. Given the Fed’s ongoing balance sheet operations, investors fully believe they have protection from a decline.</p><p><blockquote>然而，虽然人们会期望个人在这样的环境中表现出谨慎，但事实恰恰相反。鉴于美联储正在进行的资产负债表操作，投资者完全相信他们有能力免受经济衰退的影响。</blockquote></p><p> <b>A Visualization Of A Market Melting-Up</b></p><p><blockquote><b>市场融化的可视化</b></blockquote></p><p> It is often easier to visualize something rather than explain it.<b>Since 1900, only two previous market periods qualify as a melt-up: 1920-1929 and 1995-2000.</b>The chart below shows both periods in terms of price.</p><p><blockquote>想象某事通常比解释它更容易。<b>自1900年以来，只有两个市场时期符合熔化的条件：1920-1929年和1995-2000年。</b>下图显示了这两个时期的价格。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/a218c7efe2ebd874d05c9ff7dd564436\" tg-width=\"797\" tg-height=\"437\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"><img src=\"https://static.tigerbbs.com/9f193c9c32d55747bf7ff511c2f9fd53\" tg-width=\"793\" tg-height=\"439\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"></p><p><blockquote></blockquote></p><p> However, the melt-up is also visually represented by the incredibly sharp rise in valuations. Such is essential because earnings are not rising at a fast enough clip to support higher prices.<b>As is always the case, the investing public believes future earnings will justify higher prices during a melt-up. It just never works out that way.</b></p><p><blockquote>然而，估值的大幅上涨也直观地体现了这种融化。这一点至关重要，因为盈利增长速度不足以支撑价格上涨。<b>与往常一样，投资大众相信未来的收益将证明在融化期间价格上涨是合理的。从来都不是那样的。</b></blockquote></p><p> <img src=\"https://static.tigerbbs.com/c69e418d5a19d6fd03b305ab111e3be3\" tg-width=\"794\" tg-height=\"440\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"><img src=\"https://static.tigerbbs.com/af03d3bbd071b8edfdf3a19e2c7b0bcd\" tg-width=\"796\" tg-height=\"437\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"></p><p><blockquote></blockquote></p><p> We can compare those two previous periods with the current advance from the March 2020 lows. Again, we see a very similar sharp advance in price combined with a surge in valuations. As expected, investors are currently hoping that future earnings will rise sharply enough to justify current prices. However, the justification for paying high prices is the Federal Reserve’s ongoing balance sheet expansion.</p><p><blockquote>我们可以将前两个时期与当前从2020年3月低点的上涨进行比较。我们再次看到非常相似的价格大幅上涨和估值飙升。正如预期的那样，投资者目前希望未来收益将大幅上涨，足以证明当前价格的合理性。然而，支付高价的理由是美联储持续的资产负债表扩张。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/f3562aea27b24ad4921d0f5cd497e072\" tg-width=\"804\" tg-height=\"444\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"></p><p><blockquote></blockquote></p><p> The following chart looks that the price advance and valuation measures a little differently. It shows the current deviation from the long-term exponential growth trend. Not surprisingly, during a market<i>“melt-up,”</i>there is a rapid deviation from the growth trend matching the acceleration in valuations.</p><p><blockquote>下图显示，价格上涨和估值指标略有不同。它显示了当前与长期指数增长趋势的背离。毫不奇怪，在市场期间<i>“融化。”</i>与估值加速相匹配的增长趋势出现了快速背离。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/1419cf4b2afdcdc0f61e0cad862f498d\" tg-width=\"836\" tg-height=\"460\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"></p><p><blockquote></blockquote></p><p> The problem with market<i>“melt-ups”</i>is not the melt-up itself but what always follows.</p><p><blockquote>市场的问题<i>“融化”</i>不是融化本身，而是随之而来的一切。</blockquote></p><p> <b>Melting-Up Leads To Melting-Down</b></p><p><blockquote><b>熔化导致熔化</b></blockquote></p><p> A market melting-up is exciting while it lasts. During melt-ups, investors begin to rationalize why<i>“this time is different.”</i>They start taking on excess leverage to try and capitalize on the rapid advance in prices, and fundamentals take a back seat to price momentum.</p><p><blockquote>市场融化持续下去是令人兴奋的。在熔断期间，投资者开始合理化原因<i>“这次不一样。”</i>他们开始过度杠杆，试图利用价格的快速上涨，基本面让位于价格动能。</blockquote></p><p></p><p> Market melt-ups are all about<i>“psychology.”</i><b>Historically, whatever has been the catalyst to spark the disregard of risk is readily witnessed in the corresponding surge in price and valuations.</b>The chart below shows the long-term deviations in relative strength, deviations, and valuations. The previous<i>‘melt-up”</i>periods should be easy to spot when compared with the advance currently.</p><p><blockquote>市场融化都是关于<i>“心理学。”</i><b>从历史上看，无论引发忽视风险的催化剂是什么，都很容易在价格和估值的相应飙升中看到。</b>下图显示了相对强度、偏差和估值的长期偏差。上一篇<i>“融化”</i>与目前的进展相比，时期应该很容易发现。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/bc04cb25c0199dd17475a551a5dd7ec1\" tg-width=\"869\" tg-height=\"1024\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"></p><p><blockquote></blockquote></p><p> Given that current extensions match only a few rare periods in history, a couple of points should be readily apparent.</p><p><blockquote>鉴于目前的延期仅与历史上少数罕见的时期相匹配，有几点应该是显而易见的。</blockquote></p><p> <ol>  <li><b><i>Melt-ups can longer than logic would predict.</i></b></li>  <li><b><i>The prevailing psychology is always “this time is different.”</i></b></li>  <li><b><i>Valuations are dismissed in exchange for measures of momentum and forward expectations.</i></b></li>  <li><b><i>Investors take on excess leverage and risk in order to participate in a seemingly “can’t lose” market.</i></b></li>  <li><b><i>Lastly, and inevitably, “melt-ups” end and always in the worst possible outcomes.</i></b></li> </ol> It is essential to recognize the markets are in a<i>“melt-up,</i>” and the duration of that event is unknowable. Therefore, investors need a strategy to participate in the advance and mitigate the damage from the eventual<i>“melting-down.”</i></p><p><blockquote><ol><li><b><i>融化的时间可能比逻辑预测的要长。</i></b></li><li><b><i>普遍的心理总是“这次不一样了”。</i></b></li><li><b><i>估值被驳回，以换取动量和前瞻性预期的衡量标准。</i></b></li><li><b><i>投资者为了参与一个看似“输不起”的市场，承担了过多的杠杆和风险。</i></b></li><li><b><i>最后，不可避免的是，“融化”以最糟糕的结果告终。</i></b></li></ol>必须认识到市场正处于<i>“融化，</i>“而且该事件的持续时间是未知的。因此，投资者需要一种策略来参与提前并减轻最终的损失<i>“熔化。”</i></blockquote></p><p> <b>Surviving The Melt-Up</b></p><p><blockquote><b>在融化中幸存下来</b></blockquote></p><p> <b>As noted, none of this means the next</b><b><i>“bear market”</i></b><b>is lurking.</b>Given that a market melting-up is a function of psychology, they can last longer and go further than logic would predict. What is required to “<i>end”</i>a melt-up is an unanticipated exogenous event that changes psychology from bullish to bearish. Such is when the stampede for the exits occurs, and prices decline very quickly.</p><p><blockquote><b>如上所述，这些都不意味着下一个</b><b><i>“熊市”</i></b><b>正在潜伏。</b>鉴于市场融化是心理作用，它们可以持续更长时间，走得比逻辑预测的更远。需要什么“<i>结束“</i>融化是一种意想不到的外生事件，它将心理从看涨转变为看跌。这就是人们蜂拥退出的时候，价格会迅速下跌。</blockquote></p><p> As such, investors need a set of guidelines to participate in the market advance. But, of course, the hard part is keeping those gains when corrections inevitably occur.</p><p><blockquote>因此，投资者需要一套指导方针来参与市场上涨。但是，当然，困难的部分是在不可避免地发生调整时保持这些收益。</blockquote></p><p> As portfolio managers for our clients, such is precisely the approach we must take. Accordingly, I have provided a general overview of the process that we employ.</p><p><blockquote>作为客户的投资组合经理，这正是我们必须采取的方法。因此，我提供了我们采用的流程的总体概述。</blockquote></p><p> <ol>  <li><i><b>Tighten up stop-loss levels</b></i><i>to current support levels for each position.(Provides identifiable exit points when the market reverses.)</i></li>  <li><i><b>Hedge portfolios</b></i><i>against major market declines.(Non-correlated assets, short-market positions, index put options)</i></li>  <li><i><b>Take profits</b></i><i>in positions that have been big winners(Rebalancing overbought or extended positions to capture gains but continue to participate in the advance.)</i></li>  <li><i><b>Sell laggards</b></i><i>and losers</i>.<i>(If something isn’t working in a market melt-up, it most likely won’t work during a broad decline. Better to eliminate the risk early.)</i></li>  <li><i><b>Raise cash</b></i><i>and rebalance portfolios to target weightings.(Rebalancing risk on a regular basis keeps hidden risks somewhat mitigated.)</i></li> </ol> <b>Notice, nothing in there says,</b><b><i>“sell everything and go to cash.”</i></b></p><p><blockquote><ol><li><i><b>收紧止损水平</b></i><i>每个头寸的当前支撑位。（当市场反转时提供可识别的退出点。）</i></li><li><i><b>对冲投资组合</b></i><i>（非相关资产、空头市场头寸、指数看跌期权）</i></li><li><i><b>获利了结</b></i><i>在已经成为大赢家的头寸中（重新平衡超买或扩展头寸以获取收益，但继续参与上涨。）</i></li><li><i><b>出售落后者</b></i><i>和失败者</i>.<i>（如果某些东西在市场融化时不起作用，那么在广泛下跌时很可能也不会起作用。最好尽早消除风险。）</i></li><li><i><b>筹集现金</b></i><i>并重新平衡投资组合以达到目标权重。（定期重新平衡风险可以在一定程度上减轻隐藏的风险。）</i></li></ol><b>注意，里面没有任何东西说，</b><b><i>“卖掉所有东西，去兑现。”</i></b></blockquote></p><p> There will be a time to raise significant levels of cash. A good portfolio management strategy will automatically ensure that<i>“stop-loss”</i>levels get triggered, exposure decreases, and cash levels rise when the selling begins.</p><p><blockquote>将会有一段时间来筹集大量现金。一个好的投资组合管理策略会自动确保<i>“止损”</i>当出售开始时，水平被触发，风险减少，现金水平上升。</blockquote></p><p> While it is essential to take advantage of the melt-up while it lasts, just don’t become overly complacent<i>“this time is different.”</i></p><p><blockquote>虽然有必要在融化持续期间利用它，但不要过于自满<i>“这次不一样。”</i></blockquote></p><p> It likely isn’t.</p><p><blockquote>很可能不是。</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>Technically Speaking: Is The Market \"Melting-Up?\"<blockquote>从技术上讲：市场正在“融化”吗？</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\">\nTechnically Speaking: Is The Market \"Melting-Up?\"<blockquote>从技术上讲：市场正在“融化”吗？</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">seekingalpha</strong><span class=\"h-time small\">2021-09-29 10:31</span>\n</p>\n</h4>\n</header>\n<article>\n<p><b>Summary</b></p><p><blockquote><b>总结</b></blockquote></p><p> <ul>  <li>Given the Fed’s ongoing balance sheet operations, investors fully believe they have protection from a decline.</li>  <li>As is always the case, the investing public believes future earnings will justify higher prices during a melt-up. It just never works out that way.</li>  <li>While it is essential to take advantage of the melt-up while it lasts, just don’t become overly complacent “this time is different”.</li> </ul> Is the<i>“market melting-up?”</i>Such was the question I received from my colleague at<i>Cut The Crap Investing.</i>It is an excellent question given the relentless increase in what investors believe is a<i>“no risk”</i>market.</p><p><blockquote><ul><li>鉴于美联储正在进行的资产负债表操作，投资者完全相信他们有能力免受经济衰退的影响。</li><li>与往常一样，投资大众相信未来的收益将证明在融化期间价格上涨是合理的。从来都不是那样的。</li><li>虽然在融化持续期间利用它是至关重要的，但不要过于自满“这次不同了”。</li></ul>是<i>“市场融化？”</i>这是我从我的同事那里收到的问题<i>少废话投资。</i>考虑到投资者认为的持续增长，这是一个很好的问题<i>“没有风险”</i>市场。</blockquote></p><p> Of course, we need a definition of precisely what constitutes a melt-up.</p><p><blockquote>当然，我们需要一个准确定义什么是融化。</blockquote></p><p>   <i>“A melt-up is a sustained and often unexpected improvement in the investment performance of an asset or asset class, driven partly</i>  <i><b>by a stampede of investors who don’t want to miss out on its rise,</b></i>  <i>rather than by fundamental improvements in the economy.“</i>–  <i>Investopedia</i>  Currently, there is sufficient evidence to support the idea of an exuberant market.<b><i>As noted previously:</i></b></p><p><blockquote><i>他说：“熔断是指一项资产或资产类别的投资表现持续且往往出乎意料的改善，部分原因是</i><i><b>不想错过其上涨机会的投资者蜂拥而至，</b></i><i>而不是经济的根本改善。”</i>–<i>投资百科</i>目前，有足够的证据支持市场繁荣的观点。<b><i>如前所述：</i></b></blockquote></p><p>   <i>“Near peaks of market cycles, investors become swept up by the underlying exuberance. That exuberance breeds the “rationalization” that “this time is different.” So how do you know the market is exuberant currently? Via Sentiment Trader:”</i>    <i>‘This type of market activity is an indication that markets have returned their ‘enthusiasm’ stage. Such is characterized by:’</i>  <ul>  <li><b><i>High optimism</i></b></li>  <li><b><i>Easy credit (too easy, with loose terms)</i></b></li>  <li><b><i>A rush of initial and secondary offerings</i></b></li>  <li><b><i>Risky stocks outperforming</i></b></li>  <li><b><i>Stretched valuations</i></b></li> </ul> <img src=\"https://static.tigerbbs.com/ff8de3a84084162ca86b415584bbf793\" tg-width=\"731\" tg-height=\"468\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"></p><p><blockquote><i>“在市场周期接近顶峰时，投资者会被潜在的繁荣所席卷。这种繁荣滋生了“合理化”，即“这次不同了”。那么，你如何知道市场目前是繁荣的呢？通过情绪交易者：”</i><i>这种类型的市场活动表明市场已经回到了“热情”阶段。其特征在于：</i><ul><li><b><i>高度乐观</i></b></li><li><b><i>宽松信贷（太宽松，条款宽松）</i></b></li><li><b><i>首次和二次发行热潮</i></b></li><li><b><i>风险股跑赢大盘</i></b></li><li><b><i>估值过高</i></b></li></ul></blockquote></p><p> However, while one would expect individuals to exhibit caution in such an environment, the opposite is true. Given the Fed’s ongoing balance sheet operations, investors fully believe they have protection from a decline.</p><p><blockquote>然而，虽然人们会期望个人在这样的环境中表现出谨慎，但事实恰恰相反。鉴于美联储正在进行的资产负债表操作，投资者完全相信他们有能力免受经济衰退的影响。</blockquote></p><p> <b>A Visualization Of A Market Melting-Up</b></p><p><blockquote><b>市场融化的可视化</b></blockquote></p><p> It is often easier to visualize something rather than explain it.<b>Since 1900, only two previous market periods qualify as a melt-up: 1920-1929 and 1995-2000.</b>The chart below shows both periods in terms of price.</p><p><blockquote>想象某事通常比解释它更容易。<b>自1900年以来，只有两个市场时期符合熔化的条件：1920-1929年和1995-2000年。</b>下图显示了这两个时期的价格。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/a218c7efe2ebd874d05c9ff7dd564436\" tg-width=\"797\" tg-height=\"437\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"><img src=\"https://static.tigerbbs.com/9f193c9c32d55747bf7ff511c2f9fd53\" tg-width=\"793\" tg-height=\"439\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"></p><p><blockquote></blockquote></p><p> However, the melt-up is also visually represented by the incredibly sharp rise in valuations. Such is essential because earnings are not rising at a fast enough clip to support higher prices.<b>As is always the case, the investing public believes future earnings will justify higher prices during a melt-up. It just never works out that way.</b></p><p><blockquote>然而，估值的大幅上涨也直观地体现了这种融化。这一点至关重要，因为盈利增长速度不足以支撑价格上涨。<b>与往常一样，投资大众相信未来的收益将证明在融化期间价格上涨是合理的。从来都不是那样的。</b></blockquote></p><p> <img src=\"https://static.tigerbbs.com/c69e418d5a19d6fd03b305ab111e3be3\" tg-width=\"794\" tg-height=\"440\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"><img src=\"https://static.tigerbbs.com/af03d3bbd071b8edfdf3a19e2c7b0bcd\" tg-width=\"796\" tg-height=\"437\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"></p><p><blockquote></blockquote></p><p> We can compare those two previous periods with the current advance from the March 2020 lows. Again, we see a very similar sharp advance in price combined with a surge in valuations. As expected, investors are currently hoping that future earnings will rise sharply enough to justify current prices. However, the justification for paying high prices is the Federal Reserve’s ongoing balance sheet expansion.</p><p><blockquote>我们可以将前两个时期与当前从2020年3月低点的上涨进行比较。我们再次看到非常相似的价格大幅上涨和估值飙升。正如预期的那样，投资者目前希望未来收益将大幅上涨，足以证明当前价格的合理性。然而，支付高价的理由是美联储持续的资产负债表扩张。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/f3562aea27b24ad4921d0f5cd497e072\" tg-width=\"804\" tg-height=\"444\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"></p><p><blockquote></blockquote></p><p> The following chart looks that the price advance and valuation measures a little differently. It shows the current deviation from the long-term exponential growth trend. Not surprisingly, during a market<i>“melt-up,”</i>there is a rapid deviation from the growth trend matching the acceleration in valuations.</p><p><blockquote>下图显示，价格上涨和估值指标略有不同。它显示了当前与长期指数增长趋势的背离。毫不奇怪，在市场期间<i>“融化。”</i>与估值加速相匹配的增长趋势出现了快速背离。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/1419cf4b2afdcdc0f61e0cad862f498d\" tg-width=\"836\" tg-height=\"460\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"></p><p><blockquote></blockquote></p><p> The problem with market<i>“melt-ups”</i>is not the melt-up itself but what always follows.</p><p><blockquote>市场的问题<i>“融化”</i>不是融化本身，而是随之而来的一切。</blockquote></p><p> <b>Melting-Up Leads To Melting-Down</b></p><p><blockquote><b>熔化导致熔化</b></blockquote></p><p> A market melting-up is exciting while it lasts. During melt-ups, investors begin to rationalize why<i>“this time is different.”</i>They start taking on excess leverage to try and capitalize on the rapid advance in prices, and fundamentals take a back seat to price momentum.</p><p><blockquote>市场融化持续下去是令人兴奋的。在熔断期间，投资者开始合理化原因<i>“这次不一样。”</i>他们开始过度杠杆，试图利用价格的快速上涨，基本面让位于价格动能。</blockquote></p><p></p><p> Market melt-ups are all about<i>“psychology.”</i><b>Historically, whatever has been the catalyst to spark the disregard of risk is readily witnessed in the corresponding surge in price and valuations.</b>The chart below shows the long-term deviations in relative strength, deviations, and valuations. The previous<i>‘melt-up”</i>periods should be easy to spot when compared with the advance currently.</p><p><blockquote>市场融化都是关于<i>“心理学。”</i><b>从历史上看，无论引发忽视风险的催化剂是什么，都很容易在价格和估值的相应飙升中看到。</b>下图显示了相对强度、偏差和估值的长期偏差。上一篇<i>“融化”</i>与目前的进展相比，时期应该很容易发现。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/bc04cb25c0199dd17475a551a5dd7ec1\" tg-width=\"869\" tg-height=\"1024\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"></p><p><blockquote></blockquote></p><p> Given that current extensions match only a few rare periods in history, a couple of points should be readily apparent.</p><p><blockquote>鉴于目前的延期仅与历史上少数罕见的时期相匹配，有几点应该是显而易见的。</blockquote></p><p> <ol>  <li><b><i>Melt-ups can longer than logic would predict.</i></b></li>  <li><b><i>The prevailing psychology is always “this time is different.”</i></b></li>  <li><b><i>Valuations are dismissed in exchange for measures of momentum and forward expectations.</i></b></li>  <li><b><i>Investors take on excess leverage and risk in order to participate in a seemingly “can’t lose” market.</i></b></li>  <li><b><i>Lastly, and inevitably, “melt-ups” end and always in the worst possible outcomes.</i></b></li> </ol> It is essential to recognize the markets are in a<i>“melt-up,</i>” and the duration of that event is unknowable. Therefore, investors need a strategy to participate in the advance and mitigate the damage from the eventual<i>“melting-down.”</i></p><p><blockquote><ol><li><b><i>融化的时间可能比逻辑预测的要长。</i></b></li><li><b><i>普遍的心理总是“这次不一样了”。</i></b></li><li><b><i>估值被驳回，以换取动量和前瞻性预期的衡量标准。</i></b></li><li><b><i>投资者为了参与一个看似“输不起”的市场，承担了过多的杠杆和风险。</i></b></li><li><b><i>最后，不可避免的是，“融化”以最糟糕的结果告终。</i></b></li></ol>必须认识到市场正处于<i>“融化，</i>“而且该事件的持续时间是未知的。因此，投资者需要一种策略来参与提前并减轻最终的损失<i>“熔化。”</i></blockquote></p><p> <b>Surviving The Melt-Up</b></p><p><blockquote><b>在融化中幸存下来</b></blockquote></p><p> <b>As noted, none of this means the next</b><b><i>“bear market”</i></b><b>is lurking.</b>Given that a market melting-up is a function of psychology, they can last longer and go further than logic would predict. What is required to “<i>end”</i>a melt-up is an unanticipated exogenous event that changes psychology from bullish to bearish. Such is when the stampede for the exits occurs, and prices decline very quickly.</p><p><blockquote><b>如上所述，这些都不意味着下一个</b><b><i>“熊市”</i></b><b>正在潜伏。</b>鉴于市场融化是心理作用，它们可以持续更长时间，走得比逻辑预测的更远。需要什么“<i>结束“</i>融化是一种意想不到的外生事件，它将心理从看涨转变为看跌。这就是人们蜂拥退出的时候，价格会迅速下跌。</blockquote></p><p> As such, investors need a set of guidelines to participate in the market advance. But, of course, the hard part is keeping those gains when corrections inevitably occur.</p><p><blockquote>因此，投资者需要一套指导方针来参与市场上涨。但是，当然，困难的部分是在不可避免地发生调整时保持这些收益。</blockquote></p><p> As portfolio managers for our clients, such is precisely the approach we must take. Accordingly, I have provided a general overview of the process that we employ.</p><p><blockquote>作为客户的投资组合经理，这正是我们必须采取的方法。因此，我提供了我们采用的流程的总体概述。</blockquote></p><p> <ol>  <li><i><b>Tighten up stop-loss levels</b></i><i>to current support levels for each position.(Provides identifiable exit points when the market reverses.)</i></li>  <li><i><b>Hedge portfolios</b></i><i>against major market declines.(Non-correlated assets, short-market positions, index put options)</i></li>  <li><i><b>Take profits</b></i><i>in positions that have been big winners(Rebalancing overbought or extended positions to capture gains but continue to participate in the advance.)</i></li>  <li><i><b>Sell laggards</b></i><i>and losers</i>.<i>(If something isn’t working in a market melt-up, it most likely won’t work during a broad decline. Better to eliminate the risk early.)</i></li>  <li><i><b>Raise cash</b></i><i>and rebalance portfolios to target weightings.(Rebalancing risk on a regular basis keeps hidden risks somewhat mitigated.)</i></li> </ol> <b>Notice, nothing in there says,</b><b><i>“sell everything and go to cash.”</i></b></p><p><blockquote><ol><li><i><b>收紧止损水平</b></i><i>每个头寸的当前支撑位。（当市场反转时提供可识别的退出点。）</i></li><li><i><b>对冲投资组合</b></i><i>（非相关资产、空头市场头寸、指数看跌期权）</i></li><li><i><b>获利了结</b></i><i>在已经成为大赢家的头寸中（重新平衡超买或扩展头寸以获取收益，但继续参与上涨。）</i></li><li><i><b>出售落后者</b></i><i>和失败者</i>.<i>（如果某些东西在市场融化时不起作用，那么在广泛下跌时很可能也不会起作用。最好尽早消除风险。）</i></li><li><i><b>筹集现金</b></i><i>并重新平衡投资组合以达到目标权重。（定期重新平衡风险可以在一定程度上减轻隐藏的风险。）</i></li></ol><b>注意，里面没有任何东西说，</b><b><i>“卖掉所有东西，去兑现。”</i></b></blockquote></p><p> There will be a time to raise significant levels of cash. A good portfolio management strategy will automatically ensure that<i>“stop-loss”</i>levels get triggered, exposure decreases, and cash levels rise when the selling begins.</p><p><blockquote>将会有一段时间来筹集大量现金。一个好的投资组合管理策略会自动确保<i>“止损”</i>当出售开始时，水平被触发，风险减少，现金水平上升。</blockquote></p><p> While it is essential to take advantage of the melt-up while it lasts, just don’t become overly complacent<i>“this time is different.”</i></p><p><blockquote>虽然有必要在融化持续期间利用它，但不要过于自满<i>“这次不一样。”</i></blockquote></p><p> It likely isn’t.</p><p><blockquote>很可能不是。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://seekingalpha.com/article/4457469-technically-speaking-is-the-market-melting-up\">seekingalpha</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SPY":"标普500ETF",".DJI":"道琼斯",".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite"},"source_url":"https://seekingalpha.com/article/4457469-technically-speaking-is-the-market-melting-up","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1198528044","content_text":"Summary\n\nGiven the Fed’s ongoing balance sheet operations, investors fully believe they have protection from a decline.\nAs is always the case, the investing public believes future earnings will justify higher prices during a melt-up. It just never works out that way.\nWhile it is essential to take advantage of the melt-up while it lasts, just don’t become overly complacent “this time is different”.\n\nIs the“market melting-up?”Such was the question I received from my colleague atCut The Crap Investing.It is an excellent question given the relentless increase in what investors believe is a“no risk”market.\nOf course, we need a definition of precisely what constitutes a melt-up.\n\n“A melt-up is a sustained and often unexpected improvement in the investment performance of an asset or asset class, driven partly\nby a stampede of investors who don’t want to miss out on its rise,\nrather than by fundamental improvements in the economy.“–\n Investopedia\n\nCurrently, there is sufficient evidence to support the idea of an exuberant market.As noted previously:\n\n“Near peaks of market cycles, investors become swept up by the underlying exuberance. That exuberance breeds the “rationalization” that “this time is different.” So how do you know the market is exuberant currently? Via Sentiment Trader:”\n\n\n‘This type of market activity is an indication that markets have returned their ‘enthusiasm’ stage. Such is characterized by:’\n\n\nHigh optimism\nEasy credit (too easy, with loose terms)\nA rush of initial and secondary offerings\nRisky stocks outperforming\nStretched valuations\n\n\nHowever, while one would expect individuals to exhibit caution in such an environment, the opposite is true. Given the Fed’s ongoing balance sheet operations, investors fully believe they have protection from a decline.\nA Visualization Of A Market Melting-Up\nIt is often easier to visualize something rather than explain it.Since 1900, only two previous market periods qualify as a melt-up: 1920-1929 and 1995-2000.The chart below shows both periods in terms of price.\n\nHowever, the melt-up is also visually represented by the incredibly sharp rise in valuations. Such is essential because earnings are not rising at a fast enough clip to support higher prices.As is always the case, the investing public believes future earnings will justify higher prices during a melt-up. It just never works out that way.\n\nWe can compare those two previous periods with the current advance from the March 2020 lows. Again, we see a very similar sharp advance in price combined with a surge in valuations. As expected, investors are currently hoping that future earnings will rise sharply enough to justify current prices. However, the justification for paying high prices is the Federal Reserve’s ongoing balance sheet expansion.\n\nThe following chart looks that the price advance and valuation measures a little differently. It shows the current deviation from the long-term exponential growth trend. Not surprisingly, during a market“melt-up,”there is a rapid deviation from the growth trend matching the acceleration in valuations.\n\nThe problem with market“melt-ups”is not the melt-up itself but what always follows.\nMelting-Up Leads To Melting-Down\nA market melting-up is exciting while it lasts. During melt-ups, investors begin to rationalize why“this time is different.”They start taking on excess leverage to try and capitalize on the rapid advance in prices, and fundamentals take a back seat to price momentum.\nMarket melt-ups are all about“psychology.”Historically, whatever has been the catalyst to spark the disregard of risk is readily witnessed in the corresponding surge in price and valuations.The chart below shows the long-term deviations in relative strength, deviations, and valuations. The previous‘melt-up”periods should be easy to spot when compared with the advance currently.\n\nGiven that current extensions match only a few rare periods in history, a couple of points should be readily apparent.\n\nMelt-ups can longer than logic would predict.\nThe prevailing psychology is always “this time is different.”\nValuations are dismissed in exchange for measures of momentum and forward expectations.\nInvestors take on excess leverage and risk in order to participate in a seemingly “can’t lose” market.\nLastly, and inevitably, “melt-ups” end and always in the worst possible outcomes.\n\nIt is essential to recognize the markets are in a“melt-up,” and the duration of that event is unknowable. Therefore, investors need a strategy to participate in the advance and mitigate the damage from the eventual“melting-down.”\nSurviving The Melt-Up\nAs noted, none of this means the next“bear market”is lurking.Given that a market melting-up is a function of psychology, they can last longer and go further than logic would predict. What is required to “end”a melt-up is an unanticipated exogenous event that changes psychology from bullish to bearish. Such is when the stampede for the exits occurs, and prices decline very quickly.\nAs such, investors need a set of guidelines to participate in the market advance. But, of course, the hard part is keeping those gains when corrections inevitably occur.\nAs portfolio managers for our clients, such is precisely the approach we must take. Accordingly, I have provided a general overview of the process that we employ.\n\nTighten up stop-loss levelsto current support levels for each position.(Provides identifiable exit points when the market reverses.)\nHedge portfoliosagainst major market declines.(Non-correlated assets, short-market positions, index put options)\nTake profitsin positions that have been big winners(Rebalancing overbought or extended positions to capture gains but continue to participate in the advance.)\nSell laggardsand losers.(If something isn’t working in a market melt-up, it most likely won’t work during a broad decline. Better to eliminate the risk early.)\nRaise cashand rebalance portfolios to target weightings.(Rebalancing risk on a regular basis keeps hidden risks somewhat mitigated.)\n\nNotice, nothing in there says,“sell everything and go to cash.”\nThere will be a time to raise significant levels of cash. A good portfolio management strategy will automatically ensure that“stop-loss”levels get triggered, exposure decreases, and cash levels rise when the selling begins.\nWhile it is essential to take advantage of the melt-up while it lasts, just don’t become overly complacent“this time is different.”\nIt likely isn’t.","news_type":1,"symbols_score_info":{".IXIC":0.9,".DJI":0.9,"SPY":0.9,".SPX":0.9}},"isVote":1,"tweetType":1,"viewCount":563,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":885121121,"gmtCreate":1631766688863,"gmtModify":1631889949432,"author":{"id":"3573553598754980","authorId":"3573553598754980","name":"diamondHands","avatar":"https://static.tigerbbs.com/dc04e09561a7a5cf929c1ad9f33b1d82","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573553598754980","authorIdStr":"3573553598754980"},"themes":[],"htmlText":"Help like please","listText":"Help like please","text":"Help like please","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":10,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/885121121","repostId":"2167592712","repostType":4,"isVote":1,"tweetType":1,"viewCount":528,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":698283456,"gmtCreate":1640406394960,"gmtModify":1640406395111,"author":{"id":"3573553598754980","authorId":"3573553598754980","name":"diamondHands","avatar":"https://static.tigerbbs.com/dc04e09561a7a5cf929c1ad9f33b1d82","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573553598754980","authorIdStr":"3573553598754980"},"themes":[],"htmlText":"Like please","listText":"Like please","text":"Like please","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":11,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/698283456","repostId":"1156159690","repostType":4,"isVote":1,"tweetType":1,"viewCount":2300,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":602160024,"gmtCreate":1638983124766,"gmtModify":1638983124878,"author":{"id":"3573553598754980","authorId":"3573553598754980","name":"diamondHands","avatar":"https://static.tigerbbs.com/dc04e09561a7a5cf929c1ad9f33b1d82","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573553598754980","authorIdStr":"3573553598754980"},"themes":[],"htmlText":"Like please","listText":"Like please","text":"Like please","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":11,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/602160024","repostId":"1161444269","repostType":4,"repost":{"id":"1161444269","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":1638977215,"share":"https://www.laohu8.com/m/news/1161444269?lang=zh_CN&edition=full","pubTime":"2021-12-08 23:26","market":"us","language":"en","title":"Apple shares rose nearly 2% to a new high<blockquote>苹果股价上涨近2%，创新高</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1161444269","media":"Tiger Newspress","summary":"Apple shares rose nearly 2% to a new high in morning trading.","content":"<p>Apple shares rose nearly 2% to a new high&nbsp;in morning trading.</p><p><blockquote>苹果股价在早盘交易中上涨近2%，创下新高。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/9a9f5fdc1cb0a898675c515a39de7611\" tg-width=\"840\" tg-height=\"470\" width=\"100%\" height=\"auto\"></p><p><blockquote></blockquote></p><p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Apple shares rose nearly 2% to a new high<blockquote>苹果股价上涨近2%，创新高</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nApple shares rose nearly 2% to a new high<blockquote>苹果股价上涨近2%，创新高</blockquote>\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time smaller\">2021-12-08 23:26</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>Apple shares rose nearly 2% to a new high&nbsp;in morning trading.</p><p><blockquote>苹果股价在早盘交易中上涨近2%，创下新高。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/9a9f5fdc1cb0a898675c515a39de7611\" tg-width=\"840\" tg-height=\"470\" width=\"100%\" height=\"auto\"></p><p><blockquote></blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1161444269","content_text":"Apple shares rose nearly 2% to a new high in morning trading.","news_type":1,"symbols_score_info":{"AAPL":0.9}},"isVote":1,"tweetType":1,"viewCount":968,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":605640521,"gmtCreate":1639160491239,"gmtModify":1639160491362,"author":{"id":"3573553598754980","authorId":"3573553598754980","name":"diamondHands","avatar":"https://static.tigerbbs.com/dc04e09561a7a5cf929c1ad9f33b1d82","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573553598754980","authorIdStr":"3573553598754980"},"themes":[],"htmlText":"Like please","listText":"Like please","text":"Like please","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/605640521","repostId":"1133027099","repostType":4,"repost":{"id":"1133027099","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1639152670,"share":"https://www.laohu8.com/m/news/1133027099?lang=zh_CN&edition=full","pubTime":"2021-12-11 00:11","market":"us","language":"en","title":"Sea Ltd stock dropped more than 5% in morning trading<blockquote>Sea Ltd股价早盘下跌超过5%</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1133027099","media":"Tiger Newspress","summary":"Sea Ltd stock dropped more than 5% in morning trading.","content":"<p>Sea Ltd stock dropped more than 5% in morning trading.</p><p><blockquote>Sea Ltd股价早盘下跌超过5%。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/f6295277426435ac2c7135ba73dfbdef\" tg-width=\"840\" tg-height=\"470\" width=\"100%\" height=\"auto\"></p><p><blockquote></blockquote></p><p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Sea Ltd stock dropped more than 5% in morning trading<blockquote>Sea Ltd股价早盘下跌超过5%</blockquote></title>\n<style 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\">\nSea Ltd stock dropped more than 5% in morning trading<blockquote>Sea Ltd股价早盘下跌超过5%</blockquote>\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time smaller\">2021-12-11 00:11</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>Sea Ltd stock dropped more than 5% in morning trading.</p><p><blockquote>Sea Ltd股价早盘下跌超过5%。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/f6295277426435ac2c7135ba73dfbdef\" tg-width=\"840\" tg-height=\"470\" width=\"100%\" height=\"auto\"></p><p><blockquote></blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SE":"Sea Ltd"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1133027099","content_text":"Sea Ltd stock dropped more than 5% in morning trading.","news_type":1,"symbols_score_info":{"SE":0.9}},"isVote":1,"tweetType":1,"viewCount":1115,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":876556964,"gmtCreate":1637333956749,"gmtModify":1637333956915,"author":{"id":"3573553598754980","authorId":"3573553598754980","name":"diamondHands","avatar":"https://static.tigerbbs.com/dc04e09561a7a5cf929c1ad9f33b1d82","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573553598754980","authorIdStr":"3573553598754980"},"themes":[],"htmlText":"Like please","listText":"Like please","text":"Like please","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/876556964","repostId":"1169563508","repostType":4,"repost":{"id":"1169563508","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":1637332340,"share":"https://www.laohu8.com/m/news/1169563508?lang=zh_CN&edition=full","pubTime":"2021-11-19 22:32","market":"us","language":"en","title":"S&P 500 opens little changed as investors assess Austria lockdown, tech stock strength<blockquote>由于投资者评估奥地利封锁和科技股走强，标普500开盘几乎没有变化</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1169563508","media":"Tiger Newspress","summary":"The Dow Jones Industrial Average and S&P 500 were under pressure Friday, as concern over a Covid-19 ","content":"<p>The Dow Jones Industrial Average and S&amp;P 500 were under pressure Friday, as concern over a Covid-19 resurgence weighed on global markets.</p><p><blockquote>由于对Covid-19死灰复燃的担忧给全球市场带来压力，道琼斯工业平均指数和标普500周五面临压力。</blockquote></p><p> The Dow fell 57 points, or 0.5%, reversing course having earlier been in positive territory, and the S&amp;P 500 fell 0.02%. The Nasdaq Composite added 0.3% as tech shares gained.</p><p><blockquote>道琼斯指数下跌57点，跌幅0.5%，扭转了早些时候的上涨趋势，标普500下跌0.02%。随着科技股上涨，纳斯达克综合指数上涨0.3%。</blockquote></p><p> \"The news is hitting European markets hard this morning as fears mount that the virus and restrictions will spread across the continent again,\" said Jim Reid, chief economist at Deutsche Bank, adding that \"the curveball might be the U.S.\" given lower rates of vaccination domestically than in Europe.</p><p><blockquote>德意志银行首席经济学家吉姆·里德表示：“今天早上，这一消息对欧洲市场造成了沉重打击，因为人们越来越担心病毒和限制措施将再次在整个欧洲大陆蔓延。”他补充说，“曲线球可能是美国。”鉴于国内疫苗接种率低于欧洲。</blockquote></p><p> \"So although all the headlines are in Europe at the moment, will the U.S. be more vulnerable than many European countries over the course of the full winter? Recent history suggests the US have a higher bar for economic restrictions related to covid but it also has a lower vaccination rate than their European peers,\" he added.</p><p><blockquote>“因此，尽管目前所有的头条新闻都在欧洲，但在整个冬天，美国会比许多欧洲国家更脆弱吗？最近的历史表明，美国对与新冠疫情相关的经济限制有更高的门槛，但它也有疫苗接种率低于欧洲同行，”他补充道。</blockquote></p><p> Meanwhile, Nasdaq futures pointed higher, bolstered by a jump in stocks associated with the \"stay-at-home\" trade that characterized much of 2020. Treasury yields, which have jumped in response to rising inflation fears, retreated early Friday as investors flocked to safe-haven assets. Brent crude (CL=F) sank by over 3%, reflecting jitters that lockdowns will curb energy demand.</p><p><blockquote>与此同时，受2020年大部分时间“居家”交易相关股票上涨的支撑，纳斯达克期货走高。因通胀担忧加剧而飙升的美国国债收益率周五早些时候回落，因为投资者纷纷涌向避险资产。布伦特原油(CL=F)下跌超过3%，反映出人们对封锁将抑制能源需求的担忧。</blockquote></p><p> On Thursday, The Dow (^DJI) fell 230 points (0.2%), pressured by a drop in shares of Cisco (CSCO). The computer networking company posted quarterlyresults after the bell Wednesdaythat fell shortof analysts' expectations due to component shortages andthe company issuingweaker-than-expected guidance. Yet the S&amp;P 500 gained and tech<b>-</b>heavy Nasdaq — led by gains from Tesla (TSLA) and Nvidia (NVDA) — ended at all-time closing highs.</p><p><blockquote>周四，受思科(CSCO)股价下跌压力，道琼斯指数(^DJI)下跌230点(0.2%)。这家计算机网络公司周三盘后公布的季度业绩低于分析师预期，原因是零部件短缺以及该公司发布的指引弱于预期。然而，标普500和技术<b>-</b>在特斯拉（TSLA）和英伟达（NVDA）上涨的带动下，重磅纳斯达克收于历史收盘高点。</blockquote></p><p> There is no economic data on the calendar on Friday, however investors will be keeping a close eye on Washington, where the House is expected to pass President Joe Biden’s “Build Back Better” bill. The bill lays out the administration's plans to spend $1.85 trillion on education, healthcare and the climate.</p><p><blockquote>周五没有经济数据，但投资者将密切关注华盛顿，预计众议院将通过总统乔·拜登的“重建得更好”法案。该法案列出了政府在教育、医疗保健和气候方面支出1.85万亿美元的计划。</blockquote></p><p> Also in focus for the markets is Biden’s Federal Reserve chair nomination. Biden told reporters on Tuesday to expect the announcement of a nominee for Fed chair in \"the next four days.\" The White House appears to beweighing two options: reappoint current chair Jerome Powell or Fed governor Lael Brainard.</p><p><blockquote>市场还关注拜登的美联储主席提名。拜登周二告诉记者，预计美联储主席提名人将在“未来四天”宣布。白宫似乎正在权衡两种选择：重新任命现任主席杰罗姆·鲍威尔或美联储理事莱尔·布雷纳德。</blockquote></p><p> \"The market so far is believing that it will be Powell again, but any sort of a change would mean that they want to hear a reiteration of the monetary policy andforward expectations,\" Sonali Pier, Pimco's Managing Director and Portfolio Manager, told Yahoo Finance Live on Thursday.</p><p><blockquote>太平洋投资管理公司董事总经理兼投资组合经理索纳利·皮尔(Sonali Pier)对雅虎财经表示：“到目前为止，市场认为鲍威尔将再次当选，但任何形式的变化都意味着他们希望听到货币政策和前瞻性预期的重申。”周四直播。</blockquote></p><p> \"[That means] tapering, being at a pace of about $10 billion in treasuries, $5 billion in agency MBS, then thereafter seeing rate hikes but not a significant shift to be more hawkish,\" Pier added.</p><p><blockquote>皮尔补充道：“[这意味着]缩减规模，即国债规模约为100亿美元，机构MBS规模约为50亿美元，然后加息，但不会大幅转向更加鹰派。”</blockquote></p><p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>S&P 500 opens little changed as investors assess Austria lockdown, tech stock strength<blockquote>由于投资者评估奥地利封锁和科技股走强，标普500开盘几乎没有变化</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nS&P 500 opens little changed as investors assess Austria lockdown, tech stock strength<blockquote>由于投资者评估奥地利封锁和科技股走强，标普500开盘几乎没有变化</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\">2021-11-19 22:32</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>The Dow Jones Industrial Average and S&amp;P 500 were under pressure Friday, as concern over a Covid-19 resurgence weighed on global markets.</p><p><blockquote>由于对Covid-19死灰复燃的担忧给全球市场带来压力，道琼斯工业平均指数和标普500周五面临压力。</blockquote></p><p> The Dow fell 57 points, or 0.5%, reversing course having earlier been in positive territory, and the S&amp;P 500 fell 0.02%. The Nasdaq Composite added 0.3% as tech shares gained.</p><p><blockquote>道琼斯指数下跌57点，跌幅0.5%，扭转了早些时候的上涨趋势，标普500下跌0.02%。随着科技股上涨，纳斯达克综合指数上涨0.3%。</blockquote></p><p> \"The news is hitting European markets hard this morning as fears mount that the virus and restrictions will spread across the continent again,\" said Jim Reid, chief economist at Deutsche Bank, adding that \"the curveball might be the U.S.\" given lower rates of vaccination domestically than in Europe.</p><p><blockquote>德意志银行首席经济学家吉姆·里德表示：“今天早上，这一消息对欧洲市场造成了沉重打击，因为人们越来越担心病毒和限制措施将再次在整个欧洲大陆蔓延。”他补充说，“曲线球可能是美国。”鉴于国内疫苗接种率低于欧洲。</blockquote></p><p> \"So although all the headlines are in Europe at the moment, will the U.S. be more vulnerable than many European countries over the course of the full winter? Recent history suggests the US have a higher bar for economic restrictions related to covid but it also has a lower vaccination rate than their European peers,\" he added.</p><p><blockquote>“因此，尽管目前所有的头条新闻都在欧洲，但在整个冬天，美国会比许多欧洲国家更脆弱吗？最近的历史表明，美国对与新冠疫情相关的经济限制有更高的门槛，但它也有疫苗接种率低于欧洲同行，”他补充道。</blockquote></p><p> Meanwhile, Nasdaq futures pointed higher, bolstered by a jump in stocks associated with the \"stay-at-home\" trade that characterized much of 2020. Treasury yields, which have jumped in response to rising inflation fears, retreated early Friday as investors flocked to safe-haven assets. Brent crude (CL=F) sank by over 3%, reflecting jitters that lockdowns will curb energy demand.</p><p><blockquote>与此同时，受2020年大部分时间“居家”交易相关股票上涨的支撑，纳斯达克期货走高。因通胀担忧加剧而飙升的美国国债收益率周五早些时候回落，因为投资者纷纷涌向避险资产。布伦特原油(CL=F)下跌超过3%，反映出人们对封锁将抑制能源需求的担忧。</blockquote></p><p> On Thursday, The Dow (^DJI) fell 230 points (0.2%), pressured by a drop in shares of Cisco (CSCO). The computer networking company posted quarterlyresults after the bell Wednesdaythat fell shortof analysts' expectations due to component shortages andthe company issuingweaker-than-expected guidance. Yet the S&amp;P 500 gained and tech<b>-</b>heavy Nasdaq — led by gains from Tesla (TSLA) and Nvidia (NVDA) — ended at all-time closing highs.</p><p><blockquote>周四，受思科(CSCO)股价下跌压力，道琼斯指数(^DJI)下跌230点(0.2%)。这家计算机网络公司周三盘后公布的季度业绩低于分析师预期，原因是零部件短缺以及该公司发布的指引弱于预期。然而，标普500和技术<b>-</b>在特斯拉（TSLA）和英伟达（NVDA）上涨的带动下，重磅纳斯达克收于历史收盘高点。</blockquote></p><p> There is no economic data on the calendar on Friday, however investors will be keeping a close eye on Washington, where the House is expected to pass President Joe Biden’s “Build Back Better” bill. The bill lays out the administration's plans to spend $1.85 trillion on education, healthcare and the climate.</p><p><blockquote>周五没有经济数据，但投资者将密切关注华盛顿，预计众议院将通过总统乔·拜登的“重建得更好”法案。该法案列出了政府在教育、医疗保健和气候方面支出1.85万亿美元的计划。</blockquote></p><p> Also in focus for the markets is Biden’s Federal Reserve chair nomination. Biden told reporters on Tuesday to expect the announcement of a nominee for Fed chair in \"the next four days.\" The White House appears to beweighing two options: reappoint current chair Jerome Powell or Fed governor Lael Brainard.</p><p><blockquote>市场还关注拜登的美联储主席提名。拜登周二告诉记者，预计美联储主席提名人将在“未来四天”宣布。白宫似乎正在权衡两种选择：重新任命现任主席杰罗姆·鲍威尔或美联储理事莱尔·布雷纳德。</blockquote></p><p> \"The market so far is believing that it will be Powell again, but any sort of a change would mean that they want to hear a reiteration of the monetary policy andforward expectations,\" Sonali Pier, Pimco's Managing Director and Portfolio Manager, told Yahoo Finance Live on Thursday.</p><p><blockquote>太平洋投资管理公司董事总经理兼投资组合经理索纳利·皮尔(Sonali Pier)对雅虎财经表示：“到目前为止，市场认为鲍威尔将再次当选，但任何形式的变化都意味着他们希望听到货币政策和前瞻性预期的重申。”周四直播。</blockquote></p><p> \"[That means] tapering, being at a pace of about $10 billion in treasuries, $5 billion in agency MBS, then thereafter seeing rate hikes but not a significant shift to be more hawkish,\" Pier added.</p><p><blockquote>皮尔补充道：“[这意味着]缩减规模，即国债规模约为100亿美元，机构MBS规模约为50亿美元，然后加息，但不会大幅转向更加鹰派。”</blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite",".DJI":"道琼斯"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1169563508","content_text":"The Dow Jones Industrial Average and S&P 500 were under pressure Friday, as concern over a Covid-19 resurgence weighed on global markets.\nThe Dow fell 57 points, or 0.5%, reversing course having earlier been in positive territory, and the S&P 500 fell 0.02%. The Nasdaq Composite added 0.3% as tech shares gained.\n\"The news is hitting European markets hard this morning as fears mount that the virus and restrictions will spread across the continent again,\" said Jim Reid, chief economist at Deutsche Bank, adding that \"the curveball might be the U.S.\" given lower rates of vaccination domestically than in Europe.\n\"So although all the headlines are in Europe at the moment, will the U.S. be more vulnerable than many European countries over the course of the full winter? Recent history suggests the US have a higher bar for economic restrictions related to covid but it also has a lower vaccination rate than their European peers,\" he added.\nMeanwhile, Nasdaq futures pointed higher, bolstered by a jump in stocks associated with the \"stay-at-home\" trade that characterized much of 2020. Treasury yields, which have jumped in response to rising inflation fears, retreated early Friday as investors flocked to safe-haven assets. Brent crude (CL=F) sank by over 3%, reflecting jitters that lockdowns will curb energy demand.\nOn Thursday, The Dow (^DJI) fell 230 points (0.2%), pressured by a drop in shares of Cisco (CSCO). The computer networking company posted quarterlyresults after the bell Wednesdaythat fell shortof analysts' expectations due to component shortages andthe company issuingweaker-than-expected guidance. Yet the S&P 500 gained and tech-heavy Nasdaq — led by gains from Tesla (TSLA) and Nvidia (NVDA) — ended at all-time closing highs.\nThere is no economic data on the calendar on Friday, however investors will be keeping a close eye on Washington, where the House is expected to pass President Joe Biden’s “Build Back Better” bill. The bill lays out the administration's plans to spend $1.85 trillion on education, healthcare and the climate.\nAlso in focus for the markets is Biden’s Federal Reserve chair nomination. Biden told reporters on Tuesday to expect the announcement of a nominee for Fed chair in \"the next four days.\" The White House appears to beweighing two options: reappoint current chair Jerome Powell or Fed governor Lael Brainard.\n\"The market so far is believing that it will be Powell again, but any sort of a change would mean that they want to hear a reiteration of the monetary policy andforward expectations,\" Sonali Pier, Pimco's Managing Director and Portfolio Manager, told Yahoo Finance Live on Thursday.\n\"[That means] tapering, being at a pace of about $10 billion in treasuries, $5 billion in agency MBS, then thereafter seeing rate hikes but not a significant shift to be more hawkish,\" Pier added.","news_type":1,"symbols_score_info":{".IXIC":0.9,".DJI":0.9,".SPX":0.9}},"isVote":1,"tweetType":1,"viewCount":401,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":845319804,"gmtCreate":1636281162677,"gmtModify":1636281162861,"author":{"id":"3573553598754980","authorId":"3573553598754980","name":"diamondHands","avatar":"https://static.tigerbbs.com/dc04e09561a7a5cf929c1ad9f33b1d82","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573553598754980","authorIdStr":"3573553598754980"},"themes":[],"htmlText":"Like please","listText":"Like please","text":"Like please","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":11,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/845319804","repostId":"2181409167","repostType":4,"repost":{"id":"2181409167","kind":"news","pubTimestamp":1636262820,"share":"https://www.laohu8.com/m/news/2181409167?lang=zh_CN&edition=full","pubTime":"2021-11-07 13:27","market":"fut","language":"en","title":"US to Opec+: ‘This isn’t the end’ of effort to ease oil prices<blockquote>美国对欧佩克+：缓解油价努力的“这还不是结束”</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=2181409167","media":"BusinessDay","summary":"Biden wants the cartel to pump more oil to bring down prices and keep the post-Covid economic recovery on course","content":"<p><div> The US warned this week that Opec+ is at risk of impairing the world’s economic recovery by failing to put more oil into the global market, signalling that its efforts to ease high crude prices aren’t...</p><p><blockquote><div>美国本周警告称，石油输出国组织+未能向全球市场注入更多石油，有可能损害世界经济复苏，这表明其缓解高原油价格的努力没有成功...</div></blockquote></p><p>  <a href=\"https://www.businesslive.co.za/bt/business-and-economy/2021-11-07-us-to-opec-this-isnt-the-end-of-effort-to-ease-oil-prices/\">网页链接</a>  </div> </p><p><blockquote><a href=\"https://www.businesslive.co.za/bt/business-and-economy/2021-11-07-us-to-opec-this-isnt-the-end-of-effort-to-ease-oil-prices/\">网页连接</a></blockquote></p><p></p>","source":"businessday_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>US to Opec+: ‘This isn’t the end’ of effort to ease oil prices<blockquote>美国对欧佩克+：缓解油价努力的“这还不是结束”</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nUS to Opec+: ‘This isn’t the end’ of effort to ease oil prices<blockquote>美国对欧佩克+：缓解油价努力的“这还不是结束”</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">BusinessDay</strong><span class=\"h-time small\">2021-11-07 13:27</span>\n</p>\n</h4>\n</header>\n<article>\n<p><div> The US warned this week that Opec+ is at risk of impairing the world’s economic recovery by failing to put more oil into the global market, signalling that its efforts to ease high crude prices aren’t...</p><p><blockquote><div>美国本周警告称，石油输出国组织+未能向全球市场注入更多石油，有可能损害世界经济复苏，这表明其缓解高原油价格的努力没有成功...</div></blockquote></p><p>  <a href=\"https://www.businesslive.co.za/bt/business-and-economy/2021-11-07-us-to-opec-this-isnt-the-end-of-effort-to-ease-oil-prices/\">网页链接</a>  </div> </p><p><blockquote><a href=\"https://www.businesslive.co.za/bt/business-and-economy/2021-11-07-us-to-opec-this-isnt-the-end-of-effort-to-ease-oil-prices/\">网页连接</a></blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.businesslive.co.za/bt/business-and-economy/2021-11-07-us-to-opec-this-isnt-the-end-of-effort-to-ease-oil-prices/\">BusinessDay</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.businesslive.co.za/bt/business-and-economy/2021-11-07-us-to-opec-this-isnt-the-end-of-effort-to-ease-oil-prices/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2181409167","content_text":"The US warned this week that Opec+ is at risk of impairing the world’s economic recovery by failing to put more oil into the global market, signalling that its efforts to ease high crude prices aren’t over.Hours after Saudi Arabia and its allies in Opec+ — the 14 members of the Organisation of Petroleum Exporting Countries plus 10 non-members, including Russia — approved a 400,000 barrel-a-day output hike for December, the White House reiterated that it will consider “the full range of tools” to protect the economy.Other major consumers also say the Opec+ decision, at a meeting of the cartel this week, is not enough to sustain the post-Covid economic recovery, with the US asking for as much as double that amount. “They have the capacity and the power now to act and make sure this critical moment of global recovery is not impaired,” White House spokesperson Karine Jean-Pierre said.The US operates in “a competitive free market system”, she said, and Opec+ “is what impacts global oil prices, which is what has an effect on gas [petrol] prices at home”.","news_type":1,"symbols_score_info":{}},"isVote":1,"tweetType":1,"viewCount":438,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":842951708,"gmtCreate":1636126997838,"gmtModify":1636127032067,"author":{"id":"3573553598754980","authorId":"3573553598754980","name":"diamondHands","avatar":"https://static.tigerbbs.com/dc04e09561a7a5cf929c1ad9f33b1d82","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573553598754980","authorIdStr":"3573553598754980"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":11,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/842951708","repostId":"1136116425","repostType":4,"repost":{"id":"1136116425","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":1636104081,"share":"https://www.laohu8.com/m/news/1136116425?lang=zh_CN&edition=full","pubTime":"2021-11-05 17:21","market":"us","language":"en","title":"U.S. Daylight Saving Time Ends on Sunday, Nov.7 2021<blockquote>美国夏令时将于2021年11月7日星期日结束</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1136116425","media":"Tiger Newspress","summary":"Dear Tigers, U.S. Daylight Saving Time Ends on Sunday, Nov.7 2021,at 2:00 a.m.\nAt that time,the regu","content":"<p>Dear Tigers, U.S. Daylight Saving Time Ends on Sunday, Nov.7 2021,at 2:00&nbsp;a.m.</p><p><blockquote>亲爱的老虎们，美国夏令时于2021年11月7日周日凌晨2点结束。</blockquote></p><p> At that time,the regular trading period of the US stock market will move toward by one hour, which will become 22:30 p.m.to 5:00 a.m（Beijing Time/SGT）. </p><p><blockquote>届时，美股常规交易时段将提前一小时，即北京时间下午22:30至凌晨5:00。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/e441a1a98d5230fc31d6f1652e577bde\" tg-width=\"674\" tg-height=\"365\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p> <b>Trading Hours</b></p><p><blockquote><b>交易时间</b></blockquote></p><p> U.S.&nbsp;Eastern Time:9:30 ~ 16:00; Beijing time /SGT :22:30 ~&nbsp;5:00 the next day</p><p><blockquote>美国东部时间：9:30~16:00；北京时间/SGT：22:30~次日5:00</blockquote></p><p> <b>pre-trade</b></p><p><blockquote><b>交易前</b></blockquote></p><p> U.S.&nbsp;Eastern Time:4:00 ~ 9:30;Beijing time/SGT :17:00&nbsp;~&nbsp;22:30</p><p><blockquote>美国东部时间：4:00~9:30；北京时间/SGT：17:00~22:30</blockquote></p><p> <b>post-trade</b></p><p><blockquote><b>交易后</b></blockquote></p><p> U.S.&nbsp;Eastern Time:16：00~20：00;Beijing time/SGT:5:00&nbsp;~&nbsp;9:00</p><p><blockquote>美国东部时间：16:00~20:00；北京时间/SGT：5:00~9:00</blockquote></p><p> (Note: Daylight saving time always begins on the second Sunday in March and ends on the first Sunday in November)</p><p><blockquote>（注：夏令时总是从三月的第二个星期日开始，到十一月的第一个星期日结束）</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>U.S. Daylight Saving Time Ends on Sunday, Nov.7 2021<blockquote>美国夏令时将于2021年11月7日星期日结束</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nU.S. Daylight Saving Time Ends on Sunday, Nov.7 2021<blockquote>美国夏令时将于2021年11月7日星期日结束</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\">2021-11-05 17:21</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>Dear Tigers, U.S. Daylight Saving Time Ends on Sunday, Nov.7 2021,at 2:00&nbsp;a.m.</p><p><blockquote>亲爱的老虎们，美国夏令时于2021年11月7日周日凌晨2点结束。</blockquote></p><p> At that time,the regular trading period of the US stock market will move toward by one hour, which will become 22:30 p.m.to 5:00 a.m（Beijing Time/SGT）. </p><p><blockquote>届时，美股常规交易时段将提前一小时，即北京时间下午22:30至凌晨5:00。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/e441a1a98d5230fc31d6f1652e577bde\" tg-width=\"674\" tg-height=\"365\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p> <b>Trading Hours</b></p><p><blockquote><b>交易时间</b></blockquote></p><p> U.S.&nbsp;Eastern Time:9:30 ~ 16:00; Beijing time /SGT :22:30 ~&nbsp;5:00 the next day</p><p><blockquote>美国东部时间：9:30~16:00；北京时间/SGT：22:30~次日5:00</blockquote></p><p> <b>pre-trade</b></p><p><blockquote><b>交易前</b></blockquote></p><p> U.S.&nbsp;Eastern Time:4:00 ~ 9:30;Beijing time/SGT :17:00&nbsp;~&nbsp;22:30</p><p><blockquote>美国东部时间：4:00~9:30；北京时间/SGT：17:00~22:30</blockquote></p><p> <b>post-trade</b></p><p><blockquote><b>交易后</b></blockquote></p><p> U.S.&nbsp;Eastern Time:16：00~20：00;Beijing time/SGT:5:00&nbsp;~&nbsp;9:00</p><p><blockquote>美国东部时间：16:00~20:00；北京时间/SGT：5:00~9:00</blockquote></p><p> (Note: Daylight saving time always begins on the second Sunday in March and ends on the first Sunday in November)</p><p><blockquote>（注：夏令时总是从三月的第二个星期日开始，到十一月的第一个星期日结束）</blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite",".DJI":"道琼斯",".SPX":"S&P 500 Index"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1136116425","content_text":"Dear Tigers, U.S. Daylight Saving Time Ends on Sunday, Nov.7 2021,at 2:00 a.m.\nAt that time,the regular trading period of the US stock market will move toward by one hour, which will become 22:30 p.m.to 5:00 a.m（Beijing Time/SGT）. \n\nTrading Hours\nU.S. Eastern Time:9:30 ~ 16:00; Beijing time /SGT :22:30 ~ 5:00 the next day\npre-trade\nU.S. Eastern Time:4:00 ~ 9:30;Beijing time/SGT :17:00 ~ 22:30\npost-trade\nU.S. Eastern Time:16：00~20：00;Beijing time/SGT:5:00 ~ 9:00\n(Note: Daylight saving time always begins on the second Sunday in March and ends on the first Sunday in November)","news_type":1,"symbols_score_info":{".IXIC":0.9,".DJI":0.9,".SPX":0.9}},"isVote":1,"tweetType":1,"viewCount":424,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":692003007,"gmtCreate":1640785132295,"gmtModify":1640785135440,"author":{"id":"3573553598754980","authorId":"3573553598754980","name":"diamondHands","avatar":"https://static.tigerbbs.com/dc04e09561a7a5cf929c1ad9f33b1d82","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573553598754980","authorIdStr":"3573553598754980"},"themes":[],"htmlText":"Like please","listText":"Like please","text":"Like please","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/692003007","repostId":"1105117108","repostType":4,"repost":{"id":"1105117108","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":1640782444,"share":"https://www.laohu8.com/m/news/1105117108?lang=zh_CN&edition=full","pubTime":"2021-12-29 20:54","market":"us","language":"en","title":"Toplines Before US Market Open on Wednesday<blockquote>周三美国市场开盘前的顶线</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1105117108","media":"Tiger Newspress","summary":"U.S. stock index futures rose on Wednesday, as heavyweight Tesla gained, while hopes that the Omicro","content":"<p><html><head></head><body>U.S. stock index futures rose on Wednesday, as heavyweight Tesla gained, while hopes that the Omicron coronavirus variant is less deadly than the previous strain calmed investors amid daily cases in the country hitting a record high.</p><p><blockquote><html><head></head><body>美国股指期货周三上涨，因权重股特斯拉上涨，同时在该国每日病例创下历史新高之际，人们对Omicron冠状病毒变种不如之前毒株致命的希望安抚了投资者。</body></html></blockquote></p><p>At 7:43 a.m. ET, Dow e-minis were up 3 points, or 0.06%, S&amp;P 500 e-minis were up 3 points, or 0.01%, and Nasdaq 100 e-minis were up 29.25 points, or 0.18%.</p><p><blockquote>截至美国东部时间上午7:43，道指e-minis上涨3点，涨幅0.06%，标普500 e-minis上涨3点，涨幅0.01%，纳斯达克100 e-minis上涨29.25点，涨幅0.18%。</blockquote></p><p><img src=\"https://static.tigerbbs.com/7ceef07d87ec8d52d1c5d44cfe0e4400\" tg-width=\"1080\" tg-height=\"409\" referrerpolicy=\"no-referrer\"/></p><p><blockquote></blockquote></p><p><b>Stocks making the biggest moves premarket:</b></p><p><blockquote><b>盘前涨幅最大的股票：</b></blockquote></p><p><b>FuelCell Energy(FCEL)</b> – The fuel cell technology company lost 7 cents per share for its latest quarter, wider than the 4-cent loss predicted by analysts. Revenue also fell below analyst forecasts, and the stock slumped 9% in premarket trading.</p><p><blockquote><b>燃料电池能源(FCEL)</b>-这家燃料电池技术公司最近一个季度每股亏损7美分，高于分析师预测的4美分亏损。收入也低于分析师预期，该股在盘前交易中下跌9%。</blockquote></p><p><b>BioNTech(BNTX) </b>– The drug maker&#39;s shares fell 3.1% in the premarket, potentially extending the stock&#39;s losing streak to 7 days. BioNTech has fallen 16% over the past 6 sessions. Rival vaccine maker <b>Moderna(MRNA)</b> is in a similar slump, falling for the past six sessions and falling 18% over that stretch. Moderna dropped 1.6% in premarket action.</p><p><blockquote><b>BioNTech(BNTX)</b>–该制药商股价盘前下跌3.1%，可能将该股连跌时间延长至7天。BioNTech在过去6个交易日中下跌了16%。竞争对手疫苗制造商<b>现代（MRNA）</b>也陷入了类似的低迷，过去六个交易日下跌，期间下跌了18%。Moderna在盘前下跌1.6%。</blockquote></p><p><b>Tesla(TSLA)</b> – Tesla rose 1% in premarket trading, following news that CEO Elon Musk completed the exercising of all his stock options for next year. That signals the end of recent stock sales by Musk to cover tax bills generated by the exercise of those options.</p><p><blockquote><b>特斯拉(TSLA)</b>-特斯拉盘前交易中上涨1%，此前有消息称首席执行官Elon Musk完成了明年所有股票期权的行使。这标志着马斯克最近为支付行使这些期权产生的税单而出售股票的结束。</blockquote></p><p><b>Rivian(RIVN)</b> – Rivian dropped 2.2% in premarket trading,following the company reportedly made a decision to delay the bigger battery pack for its electric pickup all the way to 2023.</p><p><blockquote><b>Rivian(RIVN)</b>-据报道，Rivian决定将其电动皮卡的更大电池组推迟到2023年，该公司在盘前交易中下跌2.2%。</blockquote></p><p><b>Cal-Maine Foods(CALM)</b> – The nation&#39;s largest egg producer earned 2 cents per share for its latest quarter, well short of the 30-cent consensus estimate. Sales were better-than-expected, but the bottom line was hit by higher costs for packaging and labor. Cal-Maine shares tumbled 7.1% in the premarket.</p><p><blockquote><b>加州缅因食品(CALM)</b>–美国最大的鸡蛋生产商最近一个季度每股收益为2美分，远低于30美分的普遍预期。销售好于预期，但利润受到包装和劳动力成本上升的打击。加州缅因州股价盘前下跌7.1%。</blockquote></p><p><b>Alibaba(BABA)</b> – The China-based e-commerce giant is considering the sale of its 30% stake in social media advertising company <b>Weibo(WB)</b> to state-owned Shanghai Media Group, according to a Bloomberg report. Alibaba fell 1% in premarket action, while Weibo edged lower by 0.3%.</p><p><blockquote><b>阿里巴巴-SW（父亲）</b>-这家总部位于中国的电子商务巨头正在考虑出售其在社交媒体广告公司的30%股份<b>微博（WB）</b>据彭博社报道，国有的上海报业集团。阿里巴巴-SW盘前下跌1%，微博小幅下跌0.3%。</blockquote></p><p><b>Didi Global(DIDI) </b>– Didi was down 2.4% in premarket trading after Reuters reported the Chinese ride-hailing company will use the “listing by introduction” method to list in Hong Kong, as it moves to delist in New York. That method would issue no new shares and raise no capital.</p><p><blockquote><b>滴滴全球(DIDI)</b>–路透社报道称，这家中国网约车公司将采用“介绍上市”方式在香港上市，并将在纽约退市，滴滴在盘前交易中下跌2.4%。这种方法不会发行新股，也不会筹集资金。</blockquote></p><p><b>Victoria’s Secret(VSCO)</b> – The intimate apparel retailer announced a $250 million accelerated share repurchase program.Its shares jumped 9% in premarket trading.</p><p><blockquote><b>维多利亚的秘密(VSCO)</b>–这家贴身服装零售商宣布了一项2.5亿美元的加速股票回购计划。其股价在盘前交易中上涨9%。</blockquote></p><p><b>Akamai Technologies(AKAM)</b> – Akamai rose 1.2% in the premarket after D.A. Davidson rated the internet content delivery company a “buy” in new coverage. The firm set a price target of $143 per share, compared with Tuesday’s close of $118.45.</p><p><blockquote><b>Akamai技术(AKAM)</b>-Akamai在D.A.后盘前上涨1.2%。戴维森在新报道中将这家互联网内容交付公司评为“买入”。该公司将目标价定为每股143美元，而周二收盘价为118.45美元。</blockquote></p><p></body></html></p><p><blockquote></blockquote></p><p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Toplines Before US Market Open on Wednesday<blockquote>周三美国市场开盘前的顶线</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nToplines Before US Market Open on Wednesday<blockquote>周三美国市场开盘前的顶线</blockquote>\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time smaller\">2021-12-29 20:54</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p><html><head></head><body>U.S. stock index futures rose on Wednesday, as heavyweight Tesla gained, while hopes that the Omicron coronavirus variant is less deadly than the previous strain calmed investors amid daily cases in the country hitting a record high.</p><p><blockquote><html><head></head><body>美国股指期货周三上涨，因权重股特斯拉上涨，同时在该国每日病例创下历史新高之际，人们对Omicron冠状病毒变种不如之前毒株致命的希望安抚了投资者。</body></html></blockquote></p><p>At 7:43 a.m. ET, Dow e-minis were up 3 points, or 0.06%, S&amp;P 500 e-minis were up 3 points, or 0.01%, and Nasdaq 100 e-minis were up 29.25 points, or 0.18%.</p><p><blockquote>截至美国东部时间上午7:43，道指e-minis上涨3点，涨幅0.06%，标普500 e-minis上涨3点，涨幅0.01%，纳斯达克100 e-minis上涨29.25点，涨幅0.18%。</blockquote></p><p><img src=\"https://static.tigerbbs.com/7ceef07d87ec8d52d1c5d44cfe0e4400\" tg-width=\"1080\" tg-height=\"409\" referrerpolicy=\"no-referrer\"/></p><p><blockquote></blockquote></p><p><b>Stocks making the biggest moves premarket:</b></p><p><blockquote><b>盘前涨幅最大的股票：</b></blockquote></p><p><b>FuelCell Energy(FCEL)</b> – The fuel cell technology company lost 7 cents per share for its latest quarter, wider than the 4-cent loss predicted by analysts. Revenue also fell below analyst forecasts, and the stock slumped 9% in premarket trading.</p><p><blockquote><b>燃料电池能源(FCEL)</b>-这家燃料电池技术公司最近一个季度每股亏损7美分，高于分析师预测的4美分亏损。收入也低于分析师预期，该股在盘前交易中下跌9%。</blockquote></p><p><b>BioNTech(BNTX) </b>– The drug maker&#39;s shares fell 3.1% in the premarket, potentially extending the stock&#39;s losing streak to 7 days. BioNTech has fallen 16% over the past 6 sessions. Rival vaccine maker <b>Moderna(MRNA)</b> is in a similar slump, falling for the past six sessions and falling 18% over that stretch. Moderna dropped 1.6% in premarket action.</p><p><blockquote><b>BioNTech(BNTX)</b>–该制药商股价盘前下跌3.1%，可能将该股连跌时间延长至7天。BioNTech在过去6个交易日中下跌了16%。竞争对手疫苗制造商<b>现代（MRNA）</b>也陷入了类似的低迷，过去六个交易日下跌，期间下跌了18%。Moderna在盘前下跌1.6%。</blockquote></p><p><b>Tesla(TSLA)</b> – Tesla rose 1% in premarket trading, following news that CEO Elon Musk completed the exercising of all his stock options for next year. That signals the end of recent stock sales by Musk to cover tax bills generated by the exercise of those options.</p><p><blockquote><b>特斯拉(TSLA)</b>-特斯拉盘前交易中上涨1%，此前有消息称首席执行官Elon Musk完成了明年所有股票期权的行使。这标志着马斯克最近为支付行使这些期权产生的税单而出售股票的结束。</blockquote></p><p><b>Rivian(RIVN)</b> – Rivian dropped 2.2% in premarket trading,following the company reportedly made a decision to delay the bigger battery pack for its electric pickup all the way to 2023.</p><p><blockquote><b>Rivian(RIVN)</b>-据报道，Rivian决定将其电动皮卡的更大电池组推迟到2023年，该公司在盘前交易中下跌2.2%。</blockquote></p><p><b>Cal-Maine Foods(CALM)</b> – The nation&#39;s largest egg producer earned 2 cents per share for its latest quarter, well short of the 30-cent consensus estimate. Sales were better-than-expected, but the bottom line was hit by higher costs for packaging and labor. Cal-Maine shares tumbled 7.1% in the premarket.</p><p><blockquote><b>加州缅因食品(CALM)</b>–美国最大的鸡蛋生产商最近一个季度每股收益为2美分，远低于30美分的普遍预期。销售好于预期，但利润受到包装和劳动力成本上升的打击。加州缅因州股价盘前下跌7.1%。</blockquote></p><p><b>Alibaba(BABA)</b> – The China-based e-commerce giant is considering the sale of its 30% stake in social media advertising company <b>Weibo(WB)</b> to state-owned Shanghai Media Group, according to a Bloomberg report. Alibaba fell 1% in premarket action, while Weibo edged lower by 0.3%.</p><p><blockquote><b>阿里巴巴-SW（父亲）</b>-这家总部位于中国的电子商务巨头正在考虑出售其在社交媒体广告公司的30%股份<b>微博（WB）</b>据彭博社报道，国有的上海报业集团。阿里巴巴-SW盘前下跌1%，微博小幅下跌0.3%。</blockquote></p><p><b>Didi Global(DIDI) </b>– Didi was down 2.4% in premarket trading after Reuters reported the Chinese ride-hailing company will use the “listing by introduction” method to list in Hong Kong, as it moves to delist in New York. That method would issue no new shares and raise no capital.</p><p><blockquote><b>滴滴全球(DIDI)</b>–路透社报道称，这家中国网约车公司将采用“介绍上市”方式在香港上市，并将在纽约退市，滴滴在盘前交易中下跌2.4%。这种方法不会发行新股，也不会筹集资金。</blockquote></p><p><b>Victoria’s Secret(VSCO)</b> – The intimate apparel retailer announced a $250 million accelerated share repurchase program.Its shares jumped 9% in premarket trading.</p><p><blockquote><b>维多利亚的秘密(VSCO)</b>–这家贴身服装零售商宣布了一项2.5亿美元的加速股票回购计划。其股价在盘前交易中上涨9%。</blockquote></p><p><b>Akamai Technologies(AKAM)</b> – Akamai rose 1.2% in the premarket after D.A. Davidson rated the internet content delivery company a “buy” in new coverage. The firm set a price target of $143 per share, compared with Tuesday’s close of $118.45.</p><p><blockquote><b>Akamai技术(AKAM)</b>-Akamai在D.A.后盘前上涨1.2%。戴维森在新报道中将这家互联网内容交付公司评为“买入”。该公司将目标价定为每股143美元，而周二收盘价为118.45美元。</blockquote></p><p></body></html></p><p><blockquote></blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AKAM":"阿克迈","VSCO":"维多利亚的秘密","RIVN":"Rivian Automotive, Inc.",".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index","DIDI":"滴滴(已退市)","BABA":"阿里巴巴","WB":"微博","MRNA":"Moderna, Inc.",".DJI":"道琼斯","TSLA":"特斯拉","FCEL":"燃料电池能源","CALM":"Cal-Maine Foods","BNTX":"BioNTech SE"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1105117108","content_text":"U.S. stock index futures rose on Wednesday, as heavyweight Tesla gained, while hopes that the Omicron coronavirus variant is less deadly than the previous strain calmed investors amid daily cases in the country hitting a record high.At 7:43 a.m. ET, Dow e-minis were up 3 points, or 0.06%, S&P 500 e-minis were up 3 points, or 0.01%, and Nasdaq 100 e-minis were up 29.25 points, or 0.18%.Stocks making the biggest moves premarket:FuelCell Energy(FCEL) – The fuel cell technology company lost 7 cents per share for its latest quarter, wider than the 4-cent loss predicted by analysts. Revenue also fell below analyst forecasts, and the stock slumped 9% in premarket trading.BioNTech(BNTX) – The drug maker's shares fell 3.1% in the premarket, potentially extending the stock's losing streak to 7 days. BioNTech has fallen 16% over the past 6 sessions. Rival vaccine maker Moderna(MRNA) is in a similar slump, falling for the past six sessions and falling 18% over that stretch. Moderna dropped 1.6% in premarket action.Tesla(TSLA) – Tesla rose 1% in premarket trading, following news that CEO Elon Musk completed the exercising of all his stock options for next year. That signals the end of recent stock sales by Musk to cover tax bills generated by the exercise of those options.Rivian(RIVN) – Rivian dropped 2.2% in premarket trading,following the company reportedly made a decision to delay the bigger battery pack for its electric pickup all the way to 2023.Cal-Maine Foods(CALM) – The nation's largest egg producer earned 2 cents per share for its latest quarter, well short of the 30-cent consensus estimate. Sales were better-than-expected, but the bottom line was hit by higher costs for packaging and labor. Cal-Maine shares tumbled 7.1% in the premarket.Alibaba(BABA) – The China-based e-commerce giant is considering the sale of its 30% stake in social media advertising company Weibo(WB) to state-owned Shanghai Media Group, according to a Bloomberg report. Alibaba fell 1% in premarket action, while Weibo edged lower by 0.3%.Didi Global(DIDI) – Didi was down 2.4% in premarket trading after Reuters reported the Chinese ride-hailing company will use the “listing by introduction” method to list in Hong Kong, as it moves to delist in New York. That method would issue no new shares and raise no capital.Victoria’s Secret(VSCO) – The intimate apparel retailer announced a $250 million accelerated share repurchase program.Its shares jumped 9% in premarket trading.Akamai Technologies(AKAM) – Akamai rose 1.2% in the premarket after D.A. Davidson rated the internet content delivery company a “buy” in new coverage. The firm set a price target of $143 per share, compared with Tuesday’s close of $118.45.","news_type":1,"symbols_score_info":{"CALM":0,"BNTX":0,"BABA":0,".DJI":0,".IXIC":0,".SPX":0,"ESmain":0,"TSLA":0,"AKAM":0,"DIDI":0,"VSCO":0,"FCEL":0,"NQmain":0,"YMmain":0,"RIVN":0,"WB":0,"MRNA":0}},"isVote":1,"tweetType":1,"viewCount":2246,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":691639701,"gmtCreate":1640180788923,"gmtModify":1640180881505,"author":{"id":"3573553598754980","authorId":"3573553598754980","name":"diamondHands","avatar":"https://static.tigerbbs.com/dc04e09561a7a5cf929c1ad9f33b1d82","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573553598754980","authorIdStr":"3573553598754980"},"themes":[],"htmlText":"Like please","listText":"Like please","text":"Like please","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":10,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/691639701","repostId":"1158577227","repostType":4,"repost":{"id":"1158577227","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":1640178165,"share":"https://www.laohu8.com/m/news/1158577227?lang=zh_CN&edition=full","pubTime":"2021-12-22 21:02","market":"us","language":"en","title":"Toplines Before US Market Open on Wednesday<blockquote>周三美国市场开盘前的顶线</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1158577227","media":"Tiger Newspress","summary":"U.S. stock index futures struggled for direction on Wednesday, cooling off after a day-earlier rally","content":"<p>U.S. stock index futures struggled for direction on Wednesday, cooling off after a day-earlier rally, as worries lingered about the new Omicron variant of the coronavirus and its impact on global economic recovery.</p><p><blockquote>由于对新冠病毒奥密克戎变种及其对全球经济复苏影响的担忧挥之不去，美国股指期货周三难以把握方向，在前一天的反弹后有所降温。</blockquote></p><p> At 8:00 a.m. ET, Dow E-minis were up 42 points, or 0.12%, S&amp;P 500 E-minis were up 1.25 points, or 0.03% and Nasdaq 100 E-minis were down 7.75 points, or 0.05%.</p><p><blockquote>截至美国东部时间上午8:00，道琼斯电子迷你指数上涨42点，涨幅0.12%，标普500电子迷你指数上涨1.25点，涨幅0.03%，纳斯达克100电子迷你指数下跌7.75点，涨幅0.05%。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/512d5749bf54708c7063a6e721fa99f2\" tg-width=\"960\" tg-height=\"329\" width=\"100%\" height=\"auto\"><span>*Source From Tiger Trade, EST 08:00</span></p><p><blockquote><p class=\"t-img-caption\"><span>*来源自Tiger Trade，美国东部时间08:00</span></p></blockquote></p><p> Wall Street's main indexes ended with hefty gains on Tuesday, but few market-moving catalysts and thin volumes in the last two weeks of trading this year are seen aiding higher volatility. The S&amp;P 500 index&nbsp;is up roughly 24% in 2021.</p><p><blockquote>华尔街主要股指周二收盘大幅上涨，但今年最后两周交易中几乎没有推动市场的催化剂和清淡的交易量被视为加剧了波动性。标普500指数在2021年上涨了约24%。</blockquote></p><p> Investors looked for updates on the Omicron variant after Germany, Scotland, Ireland, Portugal, the Netherlands and South Korea re-imposed lockdowns or other curbs.</p><p><blockquote>在德国、苏格兰、爱尔兰、葡萄牙、荷兰和南韩重新实施封锁或其他限制措施后，投资者寻找奥密克戎变体的最新消息。</blockquote></p><p> <b>Stocks making the biggest moves in the premarket:</b></p><p><blockquote><b>盘前涨幅最大的股票：</b></blockquote></p><p> <a href=\"https://laohu8.com/S/KMX\">CarMax</a> (KMX) – The auto retailer’s stock jumped 5.1% in premarket trading after CarMax beat estimates on the top and bottom lines for its latest quarter, as well as posting comparable dealer sales that were above analyst forecasts.</p><p><blockquote><a href=\"https://laohu8.com/S/KMX\">CarMax</a>(KMX)-CarMax最近一个季度的营收和利润超出预期，并且可比经销商销售额也高于分析师预测，该汽车零售商的股价在盘前交易中上涨5.1%。</blockquote></p><p> <a href=\"https://laohu8.com/S/TSLA\">Tesla Motors</a> (TSLA) – Tesla shares rose 3.4% in the premarket after CEO Elon Musk said he has now sold enough stock to reach his goal of selling 10% of his shares. Over that time, however, Musk has actually increased his holdings in Tesla due to the exercising of options.</p><p><blockquote><a href=\"https://laohu8.com/S/TSLA\">特斯拉</a>(TSLA)-特斯拉股价在盘前上涨3.4%，此前首席执行官Elon Musk表示，他现在已经出售了足够的股票，以达到出售10%股份的目标。然而，在那段时间里，由于行使期权，马斯克实际上已经增持了特斯拉。</blockquote></p><p> <a href=\"https://laohu8.com/S/BB\">BlackBerry</a> (BB) – BlackBerry reported a breakeven quarter, on an adjusted basis, compared with analyst forecasts of a 7 cents per share loss. The communications software maker also saw revenue beat estimates, helped by strong demand for cybersecurity products, but current quarter forecasts for those products is shy of some analyst estimates.</p><p><blockquote><a href=\"https://laohu8.com/S/BB\">黑莓</a>(BB)-黑莓报告调整后季度实现盈亏平衡，而分析师预测为每股亏损7美分。得益于对网络安全产品的强劲需求，这家通信软件制造商的收入也超出了预期，但当前季度对这些产品的预测低于一些分析师的预期。</blockquote></p><p> <a href=\"https://laohu8.com/S/CAT\">Caterpillar</a> (CAT) – Caterpillar rose 1.6% in the premarket after Bernstein upgraded the heavy equipment maker’s stock to “outperform” from “market perform.” Bernstein said concerns about a machinery upgrade cycle ending in 2022 are overdone.</p><p><blockquote><a href=\"https://laohu8.com/S/CAT\">毛虫</a>(CAT)-伯恩斯坦将重型设备制造商卡特彼勒的股票评级从“与大盘持平”上调至“跑赢大盘”后，该公司盘前上涨1.6%。伯恩斯坦表示，对机械升级周期将于2022年结束的担忧有些过头了。</blockquote></p><p> <a href=\"https://laohu8.com/S/CAMP\">CalAmp</a> (CAMP) – CalAmp lost an adjusted 8 cents per share for its latest quarter, surprising analysts who had expected a profit of 8 cents per share. The maker of wireless data communications products and software also saw revenue fall short of forecasts, with component shortages a key factor impacting its results. CalAmp plunged 15.7% in premarket action.</p><p><blockquote><a href=\"https://laohu8.com/S/CAMP\">CalAmp</a>（CAMP）——CalAmp最近一个季度调整后每股亏损8美分，令此前预期每股盈利8美分的分析师感到惊讶。这家无线数据通信产品和软件制造商的收入也低于预期，零部件短缺是影响其业绩的关键因素。CalAmp在盘前股价暴跌15.7%。</blockquote></p><p> <a href=\"https://laohu8.com/S/BABA\">Alibaba</a> (BABA) – Alibaba shares fell 4% in the premarket after Atlantic Equities downgraded the Chinese e-commerce company’s stock to “neutral” from “overweight.” The firm cites concerns that Alibaba shopping platforms Tmall and Taobao won’t see improvement in their performances in the near term.</p><p><blockquote><a href=\"https://laohu8.com/S/BABA\">阿里巴巴-SW</a>（阿里巴巴）——大西洋股票将这家中国电子商务公司的股票评级从“跑赢大盘”下调至“中性”后，阿里巴巴-SW股价盘前下跌4%。该公司担心阿里巴巴-SW购物平台天猫和淘宝的业绩短期内不会改善。</blockquote></p><p> <a href=\"https://laohu8.com/S/DRI\">Darden Restaurants</a> (DRI) – Darden Restaurants was upgraded to “buy” from “hold” at Stifel Financial, which pointed to the Olive Garden parent’s upbeat quarterly results last week. The stock had fallen after that report, but Stifel believes that was driven by the announcement that CEO Gene Lee will retire in May. Darden added 1.1% in premarket trading.</p><p><blockquote><a href=\"https://laohu8.com/S/DRI\">达顿餐厅</a>(DRI)-Stifel Financial将Darden Restaurants的评级从“持有”上调至“买入”，这表明Olive Garden母公司上周公布了乐观的季度业绩。该报告发布后，该股下跌，但Stifel认为，这是由首席执行官Gene Lee将于5月退休的消息推动的。达顿在盘前交易中上涨1.1%。</blockquote></p><p> <a href=\"https://laohu8.com/S/WSM\">Williams-Sonoma</a> (WSM) – Williams-Sonoma was upgraded to “buy” from “hold” at Loop Capital, which thinks the household products retailer has a “premier” brand and that the tailwinds provided by the pandemic will continue well into 2022.</p><p><blockquote><a href=\"https://laohu8.com/S/WSM\">威廉姆斯-索诺玛</a>(WSM)——Loop Capital将Williams-Sonoma的评级从“持有”上调至“买入”，该公司认为这家家居用品零售商拥有“顶级”品牌，疫情带来的推动力将持续到2022年。</blockquote></p><p> <a href=\"https://laohu8.com/S/COIN\">Coinbase Global, Inc.</a> (COIN) – The cryptocurrency infrastructure company was named a “top pick” for 2022 at Oppenheimer, which pointed to an accelerating move into the mainstream for digital assets.</p><p><blockquote><a href=\"https://laohu8.com/S/COIN\">比特币基地全球公司。</a>（COIN）-加密货币基础设施公司在奥本海默被评为2022年的“首选”，这表明数字资产正在加速进入主流。</blockquote></p><p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nToplines Before US Market Open on Wednesday<blockquote>周三美国市场开盘前的顶线</blockquote>\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time smaller\">2021-12-22 21:02</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>U.S. stock index futures struggled for direction on Wednesday, cooling off after a day-earlier rally, as worries lingered about the new Omicron variant of the coronavirus and its impact on global economic recovery.</p><p><blockquote>由于对新冠病毒奥密克戎变种及其对全球经济复苏影响的担忧挥之不去，美国股指期货周三难以把握方向，在前一天的反弹后有所降温。</blockquote></p><p> At 8:00 a.m. ET, Dow E-minis were up 42 points, or 0.12%, S&amp;P 500 E-minis were up 1.25 points, or 0.03% and Nasdaq 100 E-minis were down 7.75 points, or 0.05%.</p><p><blockquote>截至美国东部时间上午8:00，道琼斯电子迷你指数上涨42点，涨幅0.12%，标普500电子迷你指数上涨1.25点，涨幅0.03%，纳斯达克100电子迷你指数下跌7.75点，涨幅0.05%。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/512d5749bf54708c7063a6e721fa99f2\" tg-width=\"960\" tg-height=\"329\" width=\"100%\" height=\"auto\"><span>*Source From Tiger Trade, EST 08:00</span></p><p><blockquote><p class=\"t-img-caption\"><span>*来源自Tiger Trade，美国东部时间08:00</span></p></blockquote></p><p> Wall Street's main indexes ended with hefty gains on Tuesday, but few market-moving catalysts and thin volumes in the last two weeks of trading this year are seen aiding higher volatility. The S&amp;P 500 index&nbsp;is up roughly 24% in 2021.</p><p><blockquote>华尔街主要股指周二收盘大幅上涨，但今年最后两周交易中几乎没有推动市场的催化剂和清淡的交易量被视为加剧了波动性。标普500指数在2021年上涨了约24%。</blockquote></p><p> Investors looked for updates on the Omicron variant after Germany, Scotland, Ireland, Portugal, the Netherlands and South Korea re-imposed lockdowns or other curbs.</p><p><blockquote>在德国、苏格兰、爱尔兰、葡萄牙、荷兰和南韩重新实施封锁或其他限制措施后，投资者寻找奥密克戎变体的最新消息。</blockquote></p><p> <b>Stocks making the biggest moves in the premarket:</b></p><p><blockquote><b>盘前涨幅最大的股票：</b></blockquote></p><p> <a href=\"https://laohu8.com/S/KMX\">CarMax</a> (KMX) – The auto retailer’s stock jumped 5.1% in premarket trading after CarMax beat estimates on the top and bottom lines for its latest quarter, as well as posting comparable dealer sales that were above analyst forecasts.</p><p><blockquote><a href=\"https://laohu8.com/S/KMX\">CarMax</a>(KMX)-CarMax最近一个季度的营收和利润超出预期，并且可比经销商销售额也高于分析师预测，该汽车零售商的股价在盘前交易中上涨5.1%。</blockquote></p><p> <a href=\"https://laohu8.com/S/TSLA\">Tesla Motors</a> (TSLA) – Tesla shares rose 3.4% in the premarket after CEO Elon Musk said he has now sold enough stock to reach his goal of selling 10% of his shares. Over that time, however, Musk has actually increased his holdings in Tesla due to the exercising of options.</p><p><blockquote><a href=\"https://laohu8.com/S/TSLA\">特斯拉</a>(TSLA)-特斯拉股价在盘前上涨3.4%，此前首席执行官Elon Musk表示，他现在已经出售了足够的股票，以达到出售10%股份的目标。然而，在那段时间里，由于行使期权，马斯克实际上已经增持了特斯拉。</blockquote></p><p> <a href=\"https://laohu8.com/S/BB\">BlackBerry</a> (BB) – BlackBerry reported a breakeven quarter, on an adjusted basis, compared with analyst forecasts of a 7 cents per share loss. The communications software maker also saw revenue beat estimates, helped by strong demand for cybersecurity products, but current quarter forecasts for those products is shy of some analyst estimates.</p><p><blockquote><a href=\"https://laohu8.com/S/BB\">黑莓</a>(BB)-黑莓报告调整后季度实现盈亏平衡，而分析师预测为每股亏损7美分。得益于对网络安全产品的强劲需求，这家通信软件制造商的收入也超出了预期，但当前季度对这些产品的预测低于一些分析师的预期。</blockquote></p><p> <a href=\"https://laohu8.com/S/CAT\">Caterpillar</a> (CAT) – Caterpillar rose 1.6% in the premarket after Bernstein upgraded the heavy equipment maker’s stock to “outperform” from “market perform.” Bernstein said concerns about a machinery upgrade cycle ending in 2022 are overdone.</p><p><blockquote><a href=\"https://laohu8.com/S/CAT\">毛虫</a>(CAT)-伯恩斯坦将重型设备制造商卡特彼勒的股票评级从“与大盘持平”上调至“跑赢大盘”后，该公司盘前上涨1.6%。伯恩斯坦表示，对机械升级周期将于2022年结束的担忧有些过头了。</blockquote></p><p> <a href=\"https://laohu8.com/S/CAMP\">CalAmp</a> (CAMP) – CalAmp lost an adjusted 8 cents per share for its latest quarter, surprising analysts who had expected a profit of 8 cents per share. The maker of wireless data communications products and software also saw revenue fall short of forecasts, with component shortages a key factor impacting its results. CalAmp plunged 15.7% in premarket action.</p><p><blockquote><a href=\"https://laohu8.com/S/CAMP\">CalAmp</a>（CAMP）——CalAmp最近一个季度调整后每股亏损8美分，令此前预期每股盈利8美分的分析师感到惊讶。这家无线数据通信产品和软件制造商的收入也低于预期，零部件短缺是影响其业绩的关键因素。CalAmp在盘前股价暴跌15.7%。</blockquote></p><p> <a href=\"https://laohu8.com/S/BABA\">Alibaba</a> (BABA) – Alibaba shares fell 4% in the premarket after Atlantic Equities downgraded the Chinese e-commerce company’s stock to “neutral” from “overweight.” The firm cites concerns that Alibaba shopping platforms Tmall and Taobao won’t see improvement in their performances in the near term.</p><p><blockquote><a href=\"https://laohu8.com/S/BABA\">阿里巴巴-SW</a>（阿里巴巴）——大西洋股票将这家中国电子商务公司的股票评级从“跑赢大盘”下调至“中性”后，阿里巴巴-SW股价盘前下跌4%。该公司担心阿里巴巴-SW购物平台天猫和淘宝的业绩短期内不会改善。</blockquote></p><p> <a href=\"https://laohu8.com/S/DRI\">Darden Restaurants</a> (DRI) – Darden Restaurants was upgraded to “buy” from “hold” at Stifel Financial, which pointed to the Olive Garden parent’s upbeat quarterly results last week. The stock had fallen after that report, but Stifel believes that was driven by the announcement that CEO Gene Lee will retire in May. Darden added 1.1% in premarket trading.</p><p><blockquote><a href=\"https://laohu8.com/S/DRI\">达顿餐厅</a>(DRI)-Stifel Financial将Darden Restaurants的评级从“持有”上调至“买入”，这表明Olive Garden母公司上周公布了乐观的季度业绩。该报告发布后，该股下跌，但Stifel认为，这是由首席执行官Gene Lee将于5月退休的消息推动的。达顿在盘前交易中上涨1.1%。</blockquote></p><p> <a href=\"https://laohu8.com/S/WSM\">Williams-Sonoma</a> (WSM) – Williams-Sonoma was upgraded to “buy” from “hold” at Loop Capital, which thinks the household products retailer has a “premier” brand and that the tailwinds provided by the pandemic will continue well into 2022.</p><p><blockquote><a href=\"https://laohu8.com/S/WSM\">威廉姆斯-索诺玛</a>(WSM)——Loop Capital将Williams-Sonoma的评级从“持有”上调至“买入”，该公司认为这家家居用品零售商拥有“顶级”品牌，疫情带来的推动力将持续到2022年。</blockquote></p><p> <a href=\"https://laohu8.com/S/COIN\">Coinbase Global, Inc.</a> (COIN) – The cryptocurrency infrastructure company was named a “top pick” for 2022 at Oppenheimer, which pointed to an accelerating move into the mainstream for digital assets.</p><p><blockquote><a href=\"https://laohu8.com/S/COIN\">比特币基地全球公司。</a>（COIN）-加密货币基础设施公司在奥本海默被评为2022年的“首选”，这表明数字资产正在加速进入主流。</blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite",".DJI":"道琼斯",".SPX":"S&P 500 Index"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1158577227","content_text":"U.S. stock index futures struggled for direction on Wednesday, cooling off after a day-earlier rally, as worries lingered about the new Omicron variant of the coronavirus and its impact on global economic recovery.\nAt 8:00 a.m. ET, Dow E-minis were up 42 points, or 0.12%, S&P 500 E-minis were up 1.25 points, or 0.03% and Nasdaq 100 E-minis were down 7.75 points, or 0.05%.\n*Source From Tiger Trade, EST 08:00\nWall Street's main indexes ended with hefty gains on Tuesday, but few market-moving catalysts and thin volumes in the last two weeks of trading this year are seen aiding higher volatility. The S&P 500 index is up roughly 24% in 2021.\nInvestors looked for updates on the Omicron variant after Germany, Scotland, Ireland, Portugal, the Netherlands and South Korea re-imposed lockdowns or other curbs.\nStocks making the biggest moves in the premarket:\nCarMax (KMX) – The auto retailer’s stock jumped 5.1% in premarket trading after CarMax beat estimates on the top and bottom lines for its latest quarter, as well as posting comparable dealer sales that were above analyst forecasts.\nTesla Motors (TSLA) – Tesla shares rose 3.4% in the premarket after CEO Elon Musk said he has now sold enough stock to reach his goal of selling 10% of his shares. Over that time, however, Musk has actually increased his holdings in Tesla due to the exercising of options.\nBlackBerry (BB) – BlackBerry reported a breakeven quarter, on an adjusted basis, compared with analyst forecasts of a 7 cents per share loss. The communications software maker also saw revenue beat estimates, helped by strong demand for cybersecurity products, but current quarter forecasts for those products is shy of some analyst estimates.\nCaterpillar (CAT) – Caterpillar rose 1.6% in the premarket after Bernstein upgraded the heavy equipment maker’s stock to “outperform” from “market perform.” Bernstein said concerns about a machinery upgrade cycle ending in 2022 are overdone.\nCalAmp (CAMP) – CalAmp lost an adjusted 8 cents per share for its latest quarter, surprising analysts who had expected a profit of 8 cents per share. The maker of wireless data communications products and software also saw revenue fall short of forecasts, with component shortages a key factor impacting its results. CalAmp plunged 15.7% in premarket action.\nAlibaba (BABA) – Alibaba shares fell 4% in the premarket after Atlantic Equities downgraded the Chinese e-commerce company’s stock to “neutral” from “overweight.” The firm cites concerns that Alibaba shopping platforms Tmall and Taobao won’t see improvement in their performances in the near term.\nDarden Restaurants (DRI) – Darden Restaurants was upgraded to “buy” from “hold” at Stifel Financial, which pointed to the Olive Garden parent’s upbeat quarterly results last week. The stock had fallen after that report, but Stifel believes that was driven by the announcement that CEO Gene Lee will retire in May. Darden added 1.1% in premarket trading.\nWilliams-Sonoma (WSM) – Williams-Sonoma was upgraded to “buy” from “hold” at Loop Capital, which thinks the household products retailer has a “premier” brand and that the tailwinds provided by the pandemic will continue well into 2022.\nCoinbase Global, Inc. (COIN) – The cryptocurrency infrastructure company was named a “top pick” for 2022 at Oppenheimer, which pointed to an accelerating move into the mainstream for digital assets.","news_type":1,"symbols_score_info":{"ESmain":0,".IXIC":0,".DJI":0,".SPX":0,"NQmain":0,"YMmain":0}},"isVote":1,"tweetType":1,"viewCount":2094,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":880885854,"gmtCreate":1631031907178,"gmtModify":1631889949492,"author":{"id":"3573553598754980","authorId":"3573553598754980","name":"diamondHands","avatar":"https://static.tigerbbs.com/dc04e09561a7a5cf929c1ad9f33b1d82","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573553598754980","authorIdStr":"3573553598754980"},"themes":[],"htmlText":"Help like please","listText":"Help like please","text":"Help like please","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":10,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/880885854","repostId":"1130130857","repostType":4,"repost":{"id":"1130130857","kind":"news","pubTimestamp":1631007146,"share":"https://www.laohu8.com/m/news/1130130857?lang=zh_CN&edition=full","pubTime":"2021-09-07 17:32","market":"us","language":"en","title":"Strategists Say the Stock Market Could Struggle This Fall. What to Buy Now?<blockquote>策略师表示，今年秋天股市可能会陷入困境。现在买什么？</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1130130857","media":"Barron's","summary":"What a year this has been for the markets!Fueled by a torrent of monetary and fiscal stimulus, economic and earnings growth, and  a mostly receding pandemic, theS&P 500stock index has rallied 20%, notching seven straight months of gains and more than 50 highs along the way. And that’s on top of last year’s 68% rebound from the market’s March 2020 lows.Tailwinds remain in place, but headwinds now loom that could slow stocks’ advance. Stimulus spending has peaked, and economic and corporate-earnin","content":"<p>What a year this has been for the markets! Fueled by a torrent of monetary and fiscal stimulus, economic and earnings growth, and (until recently) a mostly receding pandemic, theS&amp;P 500stock index has rallied 20%, notching seven straight months of gains and more than 50 highs along the way. And that’s on top of last year’s 68% rebound from the market’s March 2020 lows.</p><p><blockquote>对于市场来说，这是多么美好的一年啊！在货币和财政刺激、经济和盈利增长以及（直到最近）疫情基本消退的推动下，标准普尔500股票指数已上涨20%，连续七个月上涨，并创下50多个高点。除此之外，去年市场从2020年3月的低点反弹了68%。</blockquote></p><p> Tailwinds remain in place, but headwinds now loom that could slow stocks’ advance. Stimulus spending has peaked, and economic and corporate-earnings growth are likely to decelerate through the end of the year. What’s more, theFederal Reserve has all but promised to start tapering its bond buyingin coming months, and the Biden administration has proposed hiking corporate and personal tax rates. None of this is apt to sit well with holders of increasingly pricey shares.</p><p><blockquote>顺风依然存在，但逆风现在迫在眉睫，可能会减缓股市的上涨。刺激支出已经见顶，经济和企业盈利增长可能会在今年年底放缓。此外，美联储几乎承诺在未来几个月开始缩减债券购买规模，拜登政府也提议提高企业和个人税率。这些都不会让股价越来越贵的持有者满意。</blockquote></p><p> In other words,brace for a volatile fallin which conflicting forces buffet stocks, bonds, and investors. “The everything rally is behind us,” says Saira Malik, chief investment officer of global equities at Nuveen. “It’s not going to be a sharply rising economic tide that lifts all boats from here.”</p><p><blockquote>换句话说，要做好迎接波动性下跌的准备，这种冲突迫使巴菲特股票、债券和投资者。Nuveen全球股票首席投资官Saira Malik表示：“一切反弹都已经过去。”“这不会是一场急剧上升的经济浪潮，将所有船只从这里抬起。”</blockquote></p><p> That’s the general consensus among the six market strategists and chief investment officers whom<i>Barron’s</i>recently consulted. All see the S&amp;P 500 ending the year near Thursday’s close of 4536. Their average target: 4585.</p><p><blockquote>这是六位市场策略师和首席投资官的普遍共识<i>巴伦周刊</i>最近咨询过。所有人都认为标普500将在周四收盘价4536点附近结束今年。他们的平均目标是：4585。</blockquote></p><p> Next year’s gains look muted, as well, relative to recent trends. The group expects the S&amp;P 500 to tack on another 6% in 2022, rising to about 4800.</p><p><blockquote>相对于最近的趋势，明年的涨幅看起来也很微弱。该集团预计2022年标普500将再增加6%，升至约4800。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/eb61c7b74b9b0f18a019afb4ac44ad59\" tg-width=\"300\" tg-height=\"645\" referrerpolicy=\"no-referrer\">With stocks trading for about 21 times the coming year’s expected earnings,bonds yielding little, and cash yielding less than nothing after accounting for inflation, investors face tough asset-allocation decisions. In place of the “everything rally,” which lifted fast-growing tech stocks, no-growth meme stocks, and the Dogecoins of the digital world, our market watchers recommend focusing on “quality” investments. In equities, that means shares of businesses with solid balance sheets, expanding profit margins, and ample and recurring free cash flow. Even if the averages do little in coming months, these stocks are likely to shine.</p><p><blockquote>由于股票交易价格约为来年预期收益的21倍，债券收益率很低，考虑通货膨胀后现金收益率低于零，投资者面临着艰难的资产配置决策。我们的市场观察人士建议关注“优质”投资，而不是提振快速增长的科技股、无增长的模因股和数字世界的狗狗币的“一切反弹”。在股票方面，这意味着拥有稳健的资产负债表、不断扩大的利润率以及充足且经常性的自由现金流的企业的股票。即使未来几个月平均指数表现不大，这些股票也可能会大放异彩。</blockquote></p><p> The stock market’s massive rally in the past year was a gift of sorts from the Federal Reserve, which flooded the financial system with money to stave off theeconomic damage wrought by the Covid pandemic. Since March 2020, the U.S. central bank has been buying a combined $120 billion a month of U.S. Treasuries and mortgage-backed securities, while keeping its benchmark federal-funds rate target at 0% to 0.25%. These moves have depressed bond yields and pushed investors into riskier assets, including stocks.</p><p><blockquote>过去一年股市的大幅上涨是美联储的一份礼物，美联储向金融体系注入了大量资金，以避免新冠疫情造成的经济损失。自2020年3月以来，美联储每月购买总计1200亿美元的美国国债和抵押贷款支持证券，同时将基准联邦基金利率目标维持在0%至0.25%。这些举措压低了债券收益率，并推动投资者进入包括股票在内的风险较高的资产。</blockquote></p><p> Fed Chairman Jerome <a href=\"https://laohu8.com/S/POWL\">Powell</a> has said that the central bank might begin to wind down, or taper, its emergency asset purchases sometime in the coming quarters, a move that could roil risk assets of all sorts. “For us, it’s very simple: Tapering is tightening,” says Mike Wilson, chief investment officer and chief U.S. equity strategist atMorgan Stanley.“It’s the first step away from maximum accommodation [by the Fed]. They’re being very calculated about it this time, but the bottom line is that it should have a negative effect on equity valuations.”</p><p><blockquote>美联储主席杰罗姆<a href=\"https://laohu8.com/S/POWL\">鲍威尔</a>曾表示，央行可能会在未来几个季度的某个时候开始逐步减少或缩减紧急资产购买，此举可能会扰乱各类风险资产。摩根士丹利(Morgan Stanley)首席投资官兼首席美国股票策略师威尔逊(Mike Wilson)表示：“对我们来说，缩减规模很简单：缩减规模就是紧缩。这是（美联储）距离最大限度宽松政策迈出的第一步。他们这次对此非常谨慎，但底线是，这应该会对股票估值产生负面影响。”</blockquote></p><p> The government’s stimulus spending, too, has peaked, the strategists note. Supplemental federal unemployment benefits of $300 a week expire as of Sept. 6. Although Congress seems likely to pass a bipartisan infrastructure bill this fall, the near-term economic impact will pale in comparison to the multiple rounds of stimulus introduced since March 2020.</p><p><blockquote>策略师指出，政府的刺激支出也已见顶。每周300美元的补充联邦失业救济金将于9月6日到期。尽管国会似乎有可能在今年秋天通过一项两党基础设施法案，但与2020年3月以来推出的多轮刺激措施相比，近期的经济影响将相形见绌。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/c2cb76c498c1c4c980139e3d0514c261\" tg-width=\"300\" tg-height=\"645\" referrerpolicy=\"no-referrer\">The bill includes about $550 billion in new spending—a fraction of the trillions authorized by previous laws—and it will be spread out over many years. The short-term boost that infrastructure stimulus will give to consumer spending, which accounts for almost 70% of U.S. growth domestic product, won’t come close to what the economy saw after millions of Americans received checks from the government this past year.</p><p><blockquote>该法案包括约5500亿美元的新支出——只是之前法律授权的数万亿美元的一小部分——并且将分散在许多年内。基础设施刺激措施将给消费者支出带来的短期提振，占美国国内生产总值增长的近70%，但不会接近去年数百万美国人收到政府支票后的经济增长。</blockquote></p><p> A budget bill approved by Democrats only should follow the infrastructure bill, and include spending to support Medicare expansion, child-care funding, free community-college tuition, public housing, and climate-related measures, among other party priorities. Congress could vote to lift taxes on corporations and high-earning individuals to offset that spending—another near-term risk to the market.</p><p><blockquote>仅由民主党批准的预算法案应该遵循基础设施法案，并包括支持医疗保险扩张、儿童保育资金、免费社区大学学费、公共住房和气候相关措施以及其他政党优先事项的支出。国会可能会投票提高企业和高收入个人的税收，以抵消这些支出——这是市场面临的另一个近期风险。</blockquote></p><p></p><p> <img src=\"https://static.tigerbbs.com/6693da658db16059fc99e08a7531675f\" tg-width=\"300\" tg-height=\"645\" referrerpolicy=\"no-referrer\">Other politically charged issues likewise could derail equities this fall. Congress needs to pass a debt-ceiling increase to fund the government, and a stop-gap spending bill later this month to avoid a <a href=\"https://laohu8.com/S/WASH\">Washington</a> shutdown in October.</p><p><blockquote>今年秋天，其他带有政治色彩的问题同样可能会让股市脱轨。国会需要通过提高债务上限来为政府提供资金，并在本月晚些时候通过一项权宜之计的支出法案来避免<a href=\"https://laohu8.com/S/WASH\">华盛顿</a>10月停工。</blockquote></p><p> For now, our market experts are relatively sanguine about the economic impact of the Delta variant of Covid-19. As long as vaccines remain effective in minimizing severe infections that lead to hospitalizations and deaths, the negative effects of the current Covid wave will be limited largely to the travel industry and movie theaters, they say. Wall Street’s base case for the market doesn’t include a renewed wave of lockdowns that would undermine economic growth.</p><p><blockquote>目前，我们的市场专家对Covid-19德尔塔变异毒株的经济影响相对乐观。他们说，只要疫苗在最大限度地减少导致住院和死亡的严重感染方面仍然有效，当前Covid浪潮的负面影响将主要限于旅游业和电影院。华尔街对市场的基本假设不包括会破坏经济增长的新一波封锁。</blockquote></p><p> Inflation has been a hot topic at the Fed and among investors, partly because it has been running so hot of late. The U.S. consumer price index rose at an annualized 5.4% in both June and July—a spike the Fed calls transitory, although others aren’t so sure. The strategists are taking Powell’s side of the argument; they expect inflation to fall significantly next year. Their forecasts fall between 2.5% and 3.5%, which they consider manageable for consumers and companies, and an acceptable side effect of rapid economic growth. An inflation rate above 2.5%, however, combined with Fed tapering, would mean that now ultralow bond yields should rise.</p><p><blockquote>通胀一直是美联储和投资者的热门话题，部分原因是通胀最近非常火爆。6月和7月，美国消费者价格指数年化涨幅为5.4%，这是美联储评级暂时性的飙升，尽管其他人不太确定。策略师们站在鲍威尔一边。他们预计明年通胀将大幅下降。他们的预测在2.5%至3.5%之间，他们认为这对消费者和公司来说是可控的，也是经济快速增长的可接受的副作用。然而，通胀率高于2.5%，加上美联储缩减规模，意味着目前超低的债券收益率应该会上升。</blockquote></p><p> “We think inflation will continue to run hotter than it has since the financial crisis, but it’s hard for us to see inflation much over 2.5% once many of the reopening-related pressures start to dissipate,” says Michael Fredericks, head of income investing for theBlackRockMulti-Asset Strategies Group. “So bond yields do need to move up, but that will happen gradually.”</p><p><blockquote>收益投资主管迈克尔·弗雷德里克斯(Michael Fredericks)表示：“我们认为通胀将继续比金融危机以来更高，但一旦许多与重新开放相关的压力开始消散，我们很难看到通胀率远高于2.5%。”贝莱德多资产策略集团。“因此债券收益率确实需要上升，但这将逐渐发生。”</blockquote></p><p> The strategists see the yield on the 10-year U.S. Treasury note climbing to around 1.65% by year end. That’s about 35 basis points—or hundredths of a percentage point—above current levels, but below the 1.75% that the yield reached at its March 2021 highs. By next year, the 10-year Treasury could yield 2%, the group says. Those aren’t big moves in absolute terms, but they’re meaningful for&nbsp;the bond market—and could be even more so for stocks.</p><p><blockquote>策略师预计，到年底，10年期美国国债收益率将攀升至1.65%左右。这比当前水平高出约35个基点（即百分之几个百分点），但低于2021年3月收益率高点时达到的1.75%。该组织表示，到明年，10年期国债收益率可能达到2%。从绝对值来看，这些举措并不是很大，但对债券市场来说意义重大，对股票来说可能更是如此。</blockquote></p><p> Rising yields tend to weigh on stock valuations for two reasons. Higher-yielding bonds offer competition to stocks, and companies’ future earnings are worthless in the present when discounting them at a higher rate. Still, a 10-year yield around 2% won’t be enough to knock stock valuations down to pre-Covid levels. Even if yields climb, market strategists see the price/earnings multiple of the S&amp;P 500 holding well above its 30-year average of 16 times forward earnings. The index’s forward P/E topped 23 last fall.</p><p><blockquote>收益率上升往往会打压股票估值，原因有二。高收益债券提供了与股票的竞争，当以更高的利率贴现时，公司的未来收益在目前毫无价值。尽管如此，2%左右的10年期国债收益率仍不足以将股票估值降至新冠疫情爆发前的水平。即使收益率攀升，市场策略师认为标普500的市盈率仍远高于预期市盈率16倍的30年平均水平。去年秋天，该指数的远期市盈率突破23。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/e08d24cb421d7cc13debd76a9c6fea01\" tg-width=\"660\" tg-height=\"434\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p> As long as 10-year Treasury yields stay in the 2% range, the S&amp;P 500 should be able to command a forward P/E in the high teens, strategists say. A return to the 16-times long-term average isn’t in the cards until there is more pressure from much higher yields—or something else that causes stocks to fall.</p><p><blockquote>策略师表示，只要10年期国债收益率保持在2%的范围内，标普500的远期市盈率就应该能够在十几岁左右。除非收益率高得多或其他导致股市下跌的因素带来更大压力，否则不可能回到16倍的长期平均水平。</blockquote></p><p> If yields surge past 2% or 2.25%, investors could start to question equity valuations more seriously, says&nbsp;<a href=\"https://laohu8.com/S/STT\">State</a> Street’schief portfolio strategist, Gaurav Mallik: “We haven’t seen [the 10-year yield] above 2% for some time now, so that’s an important sentiment level for investors.”</p><p><blockquote>表示，如果收益率飙升超过2%或2.25%，投资者可能会开始更严重地质疑股票估值<a href=\"https://laohu8.com/S/STT\">国家</a>Street首席投资组合策略师Gaurav Mallik：“我们已经有一段时间没有看到（10年期国债收益率）超过2%了，因此这对投资者来说是一个重要的情绪水平。”</blockquote></p><p> <img src=\"https://static.tigerbbs.com/93ff6490069ab5dc1b4057f1ff7966f3\" tg-width=\"664\" tg-height=\"441\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p> Wilson is more concerned, noting that the stock market’s valuation risk is asymmetric: “It’s very unlikely that multiples are going to go up, and there’s a good chance that they go down more than 10% given the deceleration in growth and where we are in the cycle,” he says</p><p><blockquote>威尔逊更担心，他指出，股市的估值风险是不对称的：“市盈率不太可能上升，考虑到增长放缓和我们所处的位置，市盈率很有可能下降10%以上。在周期中，”他说</blockquote></p><p> If 16 to 23 times forward earnings is the range, he adds, “you’re already at the very high end of that. There’s more potential risk than reward.”</p><p><blockquote>他补充道，如果预期市盈率为16至23倍，“你已经处于这个范围的很高端。潜在风险大于回报。”</blockquote></p><p> Some P/E-multiple compression is baked into all six strategists’ forecasts, heaping greater importance on the path of profit growth. On average, the strategists expect S&amp;P 500 earnings to jump 46% this year, to about $204, after last year’s earnings depression. That could be followed by a more normalized gain of 9% in 2022, to about $222.50.</p><p><blockquote>所有六位策略师的预测都包含了一些市盈率倍数的压缩，这对利润增长路径变得更加重要。平均而言，策略师预计，继去年的盈利低迷之后，标普500今年的盈利将增长46%，至204美元左右。随后，2022年可能会上涨9%，达到约222.50美元。</blockquote></p><p></p><p> A potential headwind would be a higher federal corporate-tax rate in 2022. The details of Democrats’ spending and taxation plans will be worked out in the coming weeks, and investors can expect to hear a lot more about potential tax increases. Several strategists see a 25% federal rate on corporate profits as a likely compromise figure, above the 21% in place since 2018, but below the 28% sought by the Biden administration.</p><p><blockquote>一个潜在的阻力是2022年联邦企业税率上升。民主党支出和税收计划的细节将在未来几周内制定出来，投资者可以期待听到更多有关潜在增税的消息。几位策略师认为，25%的联邦企业利润税率可能是一个妥协数字，高于2018年以来实施的21%，但低于拜登政府寻求的28%。</blockquote></p><p> An increase of that magnitude would shave about 5% off S&amp;P 500 earnings next year. The index could drop by a similar amount as the passage of the Democrats’ reconciliation bill nears this fall, but the impact should be limited to that initial correction. As with the tax cuts in December 2017, the change should be a <a href=\"https://laohu8.com/S/AONE.U\">one</a>-time event for the market, some strategists predict.</p><p><blockquote>如此幅度的增长将使标普500明年的盈利减少约5%。随着今年秋天民主党和解法案的通过，该指数可能会下跌类似的幅度，但影响应该仅限于最初的调整。与2017年12月的减税一样，这一变化应该是<a href=\"https://laohu8.com/S/AONE.U\">一</a>——一些策略师预测，市场的时间事件。</blockquote></p><p> These concerns aside, investors shouldn’t miss the bigger picture: The U.S. economy is in good shape and growing robustly. The strategists expect gross domestic product to rise 6.3% this year and about 4% in 2022. “The cyclical uplift and above-trend growth will continue at least through 2022, and we want to be biased toward assets that have that exposure,” says Mallik.</p><p><blockquote>抛开这些担忧不谈，投资者不应错过更大的图景：美国经济状况良好，增长强劲。策略师预计今年国内生产总值将增长6.3%，2022年将增长约4%。Mallik表示：“周期性上涨和高于趋势的增长将至少持续到2022年，我们希望偏向于具有这种风险的资产。”</blockquote></p><p>   “We’re going to have a hot economy this year and next. When GDP growth is above average, value beats growth and cyclicals beat defensives.”— Lori Calvasina, RBC Capital Markets  The State Street strategist recommends overweighting materials, financials, and technology in investment portfolios. That approach includes both economically sensitive companies, such as banks and miners, and steady growers in the tech sector.</p><p><blockquote>“今明两年我们的经济将会火爆。当GDP增长高于平均水平时，价值会超过增长，周期性会超过防御性。”—Lori Calvasina，加拿大皇家银行资本市场道富策略师建议在投资组合中增持材料、金融和科技股。这种方法既包括银行和矿业公司等对经济敏感的公司，也包括科技行业的稳定增长者。</blockquote></p><p> RBC Capital Markets’ head of U.S. equity strategy, Lori Calvasina, likewise takes a barbell approach, with both cyclical and growth exposure. Her preferred sectors are energy, financials, and technology.</p><p><blockquote>加拿大皇家银行资本市场(RBC Capital Markets)美国股票策略主管洛里·卡尔瓦西纳(Lori Calvasina)同样采取杠铃法，同时投资周期性和成长性。她最喜欢的行业是能源、金融和技术。</blockquote></p><p> “Valuations are still a lot more attractive in financials and energy than growth [sectors such as technology or consumer discretionary,]” Calvasina says. “The catalyst in the near term is getting out of the current Covid wave... We’re going to have a hot economy this year and next, and traditionally when GDP growth is above average, value beats growth and cyclicals beat defensives.”</p><p><blockquote>卡尔瓦西纳表示：“金融和能源行业的估值仍然比增长行业（科技或非必需消费品等行业）更具吸引力。”“近期的催化剂是摆脱当前的新冠疫情浪潮……今年和明年我们将迎来经济火爆，传统上，当GDP增长高于平均水平时，价值会跑赢增长，周期性会跑赢防御性。”</blockquote></p><p> But the focus on quality will be pivotal, especially moving into the second half of 2022. That’s when the Fed is likely to hike interest rates for the first time in this cycle. By 2023, the economy could return to pre-Covid growth on the order of 2%.</p><p><blockquote>但对质量的关注将是关键，尤其是进入2022年下半年。届时美联储可能会在本周期内首次加息。到2023年，经济可能会恢复到新冠疫情前2%左右的增长。</blockquote></p><p> “The historical playbook is that coming out of a recession, you tend to see low-quality outperformance that lasts about a year, then leadership flips back to high quality,” Calvasina says. “But that transition from low quality back to high quality tends to be very bumpy.”</p><p><blockquote>卡尔瓦西纳表示：“历史上的剧本是，走出衰退后，你往往会看到持续一年左右的低质量优异表现，然后领导力又会恢复到高质量。”“但从低质量回到高质量的转变往往非常坎坷。”</blockquote></p><p> <b>A Shopping List for Fall</b></p><p><blockquote><b>秋季购物清单</b></blockquote></p><p> Most strategists favor a combination of economically sensitive stocks and steady growers, including tech shares. Financials should do well, particularly if bond yields rise.</p><p><blockquote>大多数策略师青睐对经济敏感的股票和稳定增长的股票（包括科技股）的组合。金融股应该会表现良好，特别是如果债券收益率上升的话。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/a54c4bd114c1a5f7f700d1fc14d30d8e\" tg-width=\"970\" tg-height=\"230\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p> Although stocks with quality attributes have outperformed the market this summer, according to a <a href=\"https://laohu8.com/S/BLK\">BlackRock</a> analysis, the quality factor has lagged since positive vaccine news was first reported last November.</p><p><blockquote>尽管今年夏天具有质量属性的股票表现优于大盘，但根据一家<a href=\"https://laohu8.com/S/BLK\">贝莱德</a>分析，自去年11月首次报道疫苗正面消息以来，质量因素一直滞后。</blockquote></p><p> “We’re moving into a mid-cycle environment, when underlying economic growth remains strong but momentum begins to decelerate,” BlackRock’s Fredericks says. “Our research shows that quality stocks perform particularly well in such a period.”</p><p><blockquote>贝莱德的弗雷德里克斯表示：“我们正在进入周期中期环境，基本经济增长仍然强劲，但势头开始减速。”“我们的研究表明，优质股票在这样的时期表现尤其出色。”</blockquote></p><p> He recommends overweighting profitable technology companies; financials, including banks, and consumer staples and industrials with those quality characteristics.</p><p><blockquote>他建议增持盈利的科技公司；金融，包括银行，以及具有这些质量特征的消费品和工业。</blockquote></p><p> For <a href=\"https://laohu8.com/S/WFC\">Wells Fargo</a>’s head of equity strategy, Christopher Harvey, a mix of post-pandemic beneficiaries and defensive exposure is the way to go. He constructed a basket of stocks with lower-than-average volatility—which should outperform during periods of market uncertainty or stress this fall—and high “Covid beta,” or sensitivity to good or bad news about the pandemic. One requirement; The stocks had to be rated the equivalent of Buy by Wells Fargo’s equity analysts.</p><p><blockquote>为了<a href=\"https://laohu8.com/S/WFC\">富国银行</a>股票策略主管克里斯托弗·哈维(Christopher Harvey)表示，大流行后受益者和防御性敞口的结合才是正确的选择。他构建了一篮子波动性低于平均水平的股票——在今年秋季市场不确定性或压力时期，这些股票应该会跑赢大盘——并且“新冠贝塔值”较高，即对有关大流行的好消息或坏消息的敏感性。一个要求；富国银行的股票分析师必须将这些股票评级为“买入”。</blockquote></p><p> “There’s near-term economic uncertainty, interest-rate uncertainty, and Covid risk, and generally we’re in a seasonally weaker part of the year around September,” says Harvey. “If we can balance low vol and high Covid beta, we can mitigate a lot of the upcoming uncertainty and volatility around timing of several of those catalysts. Longer-term, though, we still want to have that [reopening exposure.]”</p><p><blockquote>哈维表示：“近期经济存在不确定性、利率不确定性和新冠病毒风险，一般来说，我们正处于9月份左右的季节性疲软时期。”“如果我们能够平衡低波动性和高Covid贝塔值，我们就可以减轻其中几种催化剂时机即将到来的不确定性和波动性。不过，从长远来看，我们仍然希望[重新开放风险。]”</blockquote></p><p></p><p> Harvey’s list of low-volatility stocks with high Covid beta includesApple(AAPL),<a href=\"https://laohu8.com/S/BAC\">Bank of America</a>(BAC),<a href=\"https://laohu8.com/S/NTRSP\">Northern</a> Trust(NTRS),Lowe’s(LOW),<a href=\"https://laohu8.com/S/IQV\">IQVIA</a> Holdings(IQV), andMasco(MAS).</p><p><blockquote>哈维列出的具有高新贝塔值的低波动性股票名单包括苹果(AAPL)、<a href=\"https://laohu8.com/S/BAC\">美国银行</a>（BAC），<a href=\"https://laohu8.com/S/NTRSP\">北方的</a>信托(NTRS)、劳氏(LOW)、<a href=\"https://laohu8.com/S/IQV\">IQVIA</a>控股公司（IQV）和马斯科公司（MAS）。</blockquote></p><p> Overall, banks are the most frequently recommended group for the months ahead. TheInvesco KBW Bankexchange-traded fund (KBWB) provides broad exposure to the sector in the U.S.</p><p><blockquote>总体而言，银行是未来几个月最常被推荐的群体。Invesco KBW银行交易所交易基金(KBWB)提供对美国该行业的广泛投资。</blockquote></p><p> “We like the valuations [and] credit quality; they are now allowed to buy back shares and increase dividends, and there’s higher Covid beta,” says Harvey.</p><p><blockquote>“我们喜欢估值和信用质量；他们现在被允许回购股票并增加股息，而且新冠贝塔值更高，”哈维说。</blockquote></p><p> Cheaper valuations mean less potential downside in a market correction. And, contrary to much of the rest of the stock market, higher interest rates would be a tailwind for the banks, which could then charge more for loans.</p><p><blockquote>较低的估值意味着市场调整中潜在的下行空间较小。而且，与股市的其他大部分地区相反，更高的利率将成为银行的顺风车，银行可能会收取更高的贷款费用。</blockquote></p><p> <a href=\"https://laohu8.com/S/HCSG\">Healthcare</a> stocks also have some fans. “<a href=\"https://laohu8.com/S/HR\">Healthcare</a> has both defensive and growth attributes to it,” Wilson says. “You’re paying a lot less per unit of growth in healthcare today than you are in other sectors. So we think it provides good balance in this market when we’re worried about valuation.” Health insurerHumana(HUM) makes Wilson’s “Fresh Money Buy List” of stocks Buy-rated by <a href=\"https://laohu8.com/S/MS\">Morgan Stanley</a> analysts and fitting his macro views.</p><p><blockquote><a href=\"https://laohu8.com/S/HCSG\">医疗保健</a>股票也有一些粉丝。”<a href=\"https://laohu8.com/S/HR\">医疗保健</a>具有防御性和成长性，”威尔逊说。“如今，医疗保健行业每单位增长支付的费用比其他行业低得多。因此，我们认为，当我们担心估值时，它为这个市场提供了良好的平衡。”健康保险公司Humana(HUM)跻身威尔逊“新鲜资金买入名单”股票买入评级<a href=\"https://laohu8.com/S/MS\">摩根士丹利</a>分析师并符合他的宏观观点。</blockquote></p><p> Nuveen’s Malik is also looking toward health care for relatively underpriced growth exposure, namely in the pharmaceuticals and biotechnology groups. She points toSeagen(SGEN), which is focused on oncology drugs and could be an attractive acquisition target for a pharma giant.</p><p><blockquote>Nuveen的Malik还将目光投向医疗保健领域，以获得相对低估的增长机会，即制药和生物技术领域。她指出了Seagen(SGEN)，该公司专注于肿瘤药物，可能成为制药巨头有吸引力的收购目标。</blockquote></p><p> Malik also likesAbbVie(ABBV) which trades at an undemanding eight times forward earnings and sports a 4.7% dividend yield. The coming expiration of patents on its blockbuster anti-inflammatory drug Humira has kept some investors away, but Malik is confident that management can limit the damage and sees promising drugs in development at the $200 billion company.</p><p><blockquote>马利克还喜欢艾伯维(ABBV)，该公司的预期市盈率为8倍，股息收益率为4.7%。其重磅抗炎药修美乐(Humira)的专利即将到期，这让一些投资者望而却步，但马利克相信管理层能够限制损失，并看到这家价值2000亿美元的公司正在开发有前途的药物。</blockquote></p><p> Both stocks have had a tough time in recent days. Seagen fell more than 8% last week, to around $152, on news that its co-founder and CEO sold a large number of shares recently. AndAbbVietanked 7% Wednesday, to $112.27, after the Food and Drug Administration required new warning labels for JAK inhibitors, a type of anti-rheumatoid drug that includes one of <a href=\"https://laohu8.com/S/ABBV\">AbbVie</a>’s most promising post-Humira products.</p><p><blockquote>这两只股票最近几天都过得很艰难。Seagen上周跌超8%，报152美元左右，因有消息称其联合创始人兼首席执行官近期大量抛售股票。在美国食品和药物管理局要求为JAK抑制剂贴上新的警告标签后，ABBVIE周三上涨7%，至112.27美元。JAK抑制剂是一种抗类风湿药物，其中包括一种<a href=\"https://laohu8.com/S/ABBV\">艾伯维</a>最有前途的后修美乐产品。</blockquote></p><p> <a href=\"https://laohu8.com/S/PFE\">Pfizer</a>(PFE),<a href=\"https://laohu8.com/S/AXP\">American Express</a>(AXP),Johnson &amp; Johnson(JNJ), andCisco Systems(CSCO) are other S&amp;P 500 members that pass a<i>Barron’s</i>screen for quality attributes.</p><p><blockquote><a href=\"https://laohu8.com/S/PFE\">辉瑞</a>（PFE），<a href=\"https://laohu8.com/S/AXP\">美国运通</a>(AXP)、强生(JNJ)和思科系统(CSCO)是其他通过A的标普500成员<i>巴伦周刊</i>筛选质量属性。</blockquote></p><p> After a year of steady gains, investors might be reminded this fall that stocks can also decline, as growth momentum and policy support begin to fade. But underlying economic strength supports buying the dip, should the market drop from its highs. <a href=\"https://laohu8.com/S/JE\">Just</a> be more selective. And go with quality.</p><p><blockquote>经过一年的稳定上涨后，今年秋天投资者可能会被提醒，随着增长势头和政策支持开始消退，股市也可能下跌。但如果市场从高点下跌，潜在的经济实力支持逢低买入。<a href=\"https://laohu8.com/S/JE\">刚刚</a>更有选择性。追求质量。</blockquote></p><p></p>","source":"lsy1610680873436","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>Strategists Say the Stock Market Could Struggle This Fall. What to Buy Now?<blockquote>策略师表示，今年秋天股市可能会陷入困境。现在买什么？</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\">\nStrategists Say the Stock Market Could Struggle This Fall. What to Buy Now?<blockquote>策略师表示，今年秋天股市可能会陷入困境。现在买什么？</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Barron's</strong><span class=\"h-time small\">2021-09-07 17:32</span>\n</p>\n</h4>\n</header>\n<article>\n<p>What a year this has been for the markets! Fueled by a torrent of monetary and fiscal stimulus, economic and earnings growth, and (until recently) a mostly receding pandemic, theS&amp;P 500stock index has rallied 20%, notching seven straight months of gains and more than 50 highs along the way. And that’s on top of last year’s 68% rebound from the market’s March 2020 lows.</p><p><blockquote>对于市场来说，这是多么美好的一年啊！在货币和财政刺激、经济和盈利增长以及（直到最近）疫情基本消退的推动下，标准普尔500股票指数已上涨20%，连续七个月上涨，并创下50多个高点。除此之外，去年市场从2020年3月的低点反弹了68%。</blockquote></p><p> Tailwinds remain in place, but headwinds now loom that could slow stocks’ advance. Stimulus spending has peaked, and economic and corporate-earnings growth are likely to decelerate through the end of the year. What’s more, theFederal Reserve has all but promised to start tapering its bond buyingin coming months, and the Biden administration has proposed hiking corporate and personal tax rates. None of this is apt to sit well with holders of increasingly pricey shares.</p><p><blockquote>顺风依然存在，但逆风现在迫在眉睫，可能会减缓股市的上涨。刺激支出已经见顶，经济和企业盈利增长可能会在今年年底放缓。此外，美联储几乎承诺在未来几个月开始缩减债券购买规模，拜登政府也提议提高企业和个人税率。这些都不会让股价越来越贵的持有者满意。</blockquote></p><p> In other words,brace for a volatile fallin which conflicting forces buffet stocks, bonds, and investors. “The everything rally is behind us,” says Saira Malik, chief investment officer of global equities at Nuveen. “It’s not going to be a sharply rising economic tide that lifts all boats from here.”</p><p><blockquote>换句话说，要做好迎接波动性下跌的准备，这种冲突迫使巴菲特股票、债券和投资者。Nuveen全球股票首席投资官Saira Malik表示：“一切反弹都已经过去。”“这不会是一场急剧上升的经济浪潮，将所有船只从这里抬起。”</blockquote></p><p> That’s the general consensus among the six market strategists and chief investment officers whom<i>Barron’s</i>recently consulted. All see the S&amp;P 500 ending the year near Thursday’s close of 4536. Their average target: 4585.</p><p><blockquote>这是六位市场策略师和首席投资官的普遍共识<i>巴伦周刊</i>最近咨询过。所有人都认为标普500将在周四收盘价4536点附近结束今年。他们的平均目标是：4585。</blockquote></p><p> Next year’s gains look muted, as well, relative to recent trends. The group expects the S&amp;P 500 to tack on another 6% in 2022, rising to about 4800.</p><p><blockquote>相对于最近的趋势，明年的涨幅看起来也很微弱。该集团预计2022年标普500将再增加6%，升至约4800。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/eb61c7b74b9b0f18a019afb4ac44ad59\" tg-width=\"300\" tg-height=\"645\" referrerpolicy=\"no-referrer\">With stocks trading for about 21 times the coming year’s expected earnings,bonds yielding little, and cash yielding less than nothing after accounting for inflation, investors face tough asset-allocation decisions. In place of the “everything rally,” which lifted fast-growing tech stocks, no-growth meme stocks, and the Dogecoins of the digital world, our market watchers recommend focusing on “quality” investments. In equities, that means shares of businesses with solid balance sheets, expanding profit margins, and ample and recurring free cash flow. Even if the averages do little in coming months, these stocks are likely to shine.</p><p><blockquote>由于股票交易价格约为来年预期收益的21倍，债券收益率很低，考虑通货膨胀后现金收益率低于零，投资者面临着艰难的资产配置决策。我们的市场观察人士建议关注“优质”投资，而不是提振快速增长的科技股、无增长的模因股和数字世界的狗狗币的“一切反弹”。在股票方面，这意味着拥有稳健的资产负债表、不断扩大的利润率以及充足且经常性的自由现金流的企业的股票。即使未来几个月平均指数表现不大，这些股票也可能会大放异彩。</blockquote></p><p> The stock market’s massive rally in the past year was a gift of sorts from the Federal Reserve, which flooded the financial system with money to stave off theeconomic damage wrought by the Covid pandemic. Since March 2020, the U.S. central bank has been buying a combined $120 billion a month of U.S. Treasuries and mortgage-backed securities, while keeping its benchmark federal-funds rate target at 0% to 0.25%. These moves have depressed bond yields and pushed investors into riskier assets, including stocks.</p><p><blockquote>过去一年股市的大幅上涨是美联储的一份礼物，美联储向金融体系注入了大量资金，以避免新冠疫情造成的经济损失。自2020年3月以来，美联储每月购买总计1200亿美元的美国国债和抵押贷款支持证券，同时将基准联邦基金利率目标维持在0%至0.25%。这些举措压低了债券收益率，并推动投资者进入包括股票在内的风险较高的资产。</blockquote></p><p> Fed Chairman Jerome <a href=\"https://laohu8.com/S/POWL\">Powell</a> has said that the central bank might begin to wind down, or taper, its emergency asset purchases sometime in the coming quarters, a move that could roil risk assets of all sorts. “For us, it’s very simple: Tapering is tightening,” says Mike Wilson, chief investment officer and chief U.S. equity strategist atMorgan Stanley.“It’s the first step away from maximum accommodation [by the Fed]. They’re being very calculated about it this time, but the bottom line is that it should have a negative effect on equity valuations.”</p><p><blockquote>美联储主席杰罗姆<a href=\"https://laohu8.com/S/POWL\">鲍威尔</a>曾表示，央行可能会在未来几个季度的某个时候开始逐步减少或缩减紧急资产购买，此举可能会扰乱各类风险资产。摩根士丹利(Morgan Stanley)首席投资官兼首席美国股票策略师威尔逊(Mike Wilson)表示：“对我们来说，缩减规模很简单：缩减规模就是紧缩。这是（美联储）距离最大限度宽松政策迈出的第一步。他们这次对此非常谨慎，但底线是，这应该会对股票估值产生负面影响。”</blockquote></p><p> The government’s stimulus spending, too, has peaked, the strategists note. Supplemental federal unemployment benefits of $300 a week expire as of Sept. 6. Although Congress seems likely to pass a bipartisan infrastructure bill this fall, the near-term economic impact will pale in comparison to the multiple rounds of stimulus introduced since March 2020.</p><p><blockquote>策略师指出，政府的刺激支出也已见顶。每周300美元的补充联邦失业救济金将于9月6日到期。尽管国会似乎有可能在今年秋天通过一项两党基础设施法案，但与2020年3月以来推出的多轮刺激措施相比，近期的经济影响将相形见绌。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/c2cb76c498c1c4c980139e3d0514c261\" tg-width=\"300\" tg-height=\"645\" referrerpolicy=\"no-referrer\">The bill includes about $550 billion in new spending—a fraction of the trillions authorized by previous laws—and it will be spread out over many years. The short-term boost that infrastructure stimulus will give to consumer spending, which accounts for almost 70% of U.S. growth domestic product, won’t come close to what the economy saw after millions of Americans received checks from the government this past year.</p><p><blockquote>该法案包括约5500亿美元的新支出——只是之前法律授权的数万亿美元的一小部分——并且将分散在许多年内。基础设施刺激措施将给消费者支出带来的短期提振，占美国国内生产总值增长的近70%，但不会接近去年数百万美国人收到政府支票后的经济增长。</blockquote></p><p> A budget bill approved by Democrats only should follow the infrastructure bill, and include spending to support Medicare expansion, child-care funding, free community-college tuition, public housing, and climate-related measures, among other party priorities. Congress could vote to lift taxes on corporations and high-earning individuals to offset that spending—another near-term risk to the market.</p><p><blockquote>仅由民主党批准的预算法案应该遵循基础设施法案，并包括支持医疗保险扩张、儿童保育资金、免费社区大学学费、公共住房和气候相关措施以及其他政党优先事项的支出。国会可能会投票提高企业和高收入个人的税收，以抵消这些支出——这是市场面临的另一个近期风险。</blockquote></p><p></p><p> <img src=\"https://static.tigerbbs.com/6693da658db16059fc99e08a7531675f\" tg-width=\"300\" tg-height=\"645\" referrerpolicy=\"no-referrer\">Other politically charged issues likewise could derail equities this fall. Congress needs to pass a debt-ceiling increase to fund the government, and a stop-gap spending bill later this month to avoid a <a href=\"https://laohu8.com/S/WASH\">Washington</a> shutdown in October.</p><p><blockquote>今年秋天，其他带有政治色彩的问题同样可能会让股市脱轨。国会需要通过提高债务上限来为政府提供资金，并在本月晚些时候通过一项权宜之计的支出法案来避免<a href=\"https://laohu8.com/S/WASH\">华盛顿</a>10月停工。</blockquote></p><p> For now, our market experts are relatively sanguine about the economic impact of the Delta variant of Covid-19. As long as vaccines remain effective in minimizing severe infections that lead to hospitalizations and deaths, the negative effects of the current Covid wave will be limited largely to the travel industry and movie theaters, they say. Wall Street’s base case for the market doesn’t include a renewed wave of lockdowns that would undermine economic growth.</p><p><blockquote>目前，我们的市场专家对Covid-19德尔塔变异毒株的经济影响相对乐观。他们说，只要疫苗在最大限度地减少导致住院和死亡的严重感染方面仍然有效，当前Covid浪潮的负面影响将主要限于旅游业和电影院。华尔街对市场的基本假设不包括会破坏经济增长的新一波封锁。</blockquote></p><p> Inflation has been a hot topic at the Fed and among investors, partly because it has been running so hot of late. The U.S. consumer price index rose at an annualized 5.4% in both June and July—a spike the Fed calls transitory, although others aren’t so sure. The strategists are taking Powell’s side of the argument; they expect inflation to fall significantly next year. Their forecasts fall between 2.5% and 3.5%, which they consider manageable for consumers and companies, and an acceptable side effect of rapid economic growth. An inflation rate above 2.5%, however, combined with Fed tapering, would mean that now ultralow bond yields should rise.</p><p><blockquote>通胀一直是美联储和投资者的热门话题，部分原因是通胀最近非常火爆。6月和7月，美国消费者价格指数年化涨幅为5.4%，这是美联储评级暂时性的飙升，尽管其他人不太确定。策略师们站在鲍威尔一边。他们预计明年通胀将大幅下降。他们的预测在2.5%至3.5%之间，他们认为这对消费者和公司来说是可控的，也是经济快速增长的可接受的副作用。然而，通胀率高于2.5%，加上美联储缩减规模，意味着目前超低的债券收益率应该会上升。</blockquote></p><p> “We think inflation will continue to run hotter than it has since the financial crisis, but it’s hard for us to see inflation much over 2.5% once many of the reopening-related pressures start to dissipate,” says Michael Fredericks, head of income investing for theBlackRockMulti-Asset Strategies Group. “So bond yields do need to move up, but that will happen gradually.”</p><p><blockquote>收益投资主管迈克尔·弗雷德里克斯(Michael Fredericks)表示：“我们认为通胀将继续比金融危机以来更高，但一旦许多与重新开放相关的压力开始消散，我们很难看到通胀率远高于2.5%。”贝莱德多资产策略集团。“因此债券收益率确实需要上升，但这将逐渐发生。”</blockquote></p><p> The strategists see the yield on the 10-year U.S. Treasury note climbing to around 1.65% by year end. That’s about 35 basis points—or hundredths of a percentage point—above current levels, but below the 1.75% that the yield reached at its March 2021 highs. By next year, the 10-year Treasury could yield 2%, the group says. Those aren’t big moves in absolute terms, but they’re meaningful for&nbsp;the bond market—and could be even more so for stocks.</p><p><blockquote>策略师预计，到年底，10年期美国国债收益率将攀升至1.65%左右。这比当前水平高出约35个基点（即百分之几个百分点），但低于2021年3月收益率高点时达到的1.75%。该组织表示，到明年，10年期国债收益率可能达到2%。从绝对值来看，这些举措并不是很大，但对债券市场来说意义重大，对股票来说可能更是如此。</blockquote></p><p> Rising yields tend to weigh on stock valuations for two reasons. Higher-yielding bonds offer competition to stocks, and companies’ future earnings are worthless in the present when discounting them at a higher rate. Still, a 10-year yield around 2% won’t be enough to knock stock valuations down to pre-Covid levels. Even if yields climb, market strategists see the price/earnings multiple of the S&amp;P 500 holding well above its 30-year average of 16 times forward earnings. The index’s forward P/E topped 23 last fall.</p><p><blockquote>收益率上升往往会打压股票估值，原因有二。高收益债券提供了与股票的竞争，当以更高的利率贴现时，公司的未来收益在目前毫无价值。尽管如此，2%左右的10年期国债收益率仍不足以将股票估值降至新冠疫情爆发前的水平。即使收益率攀升，市场策略师认为标普500的市盈率仍远高于预期市盈率16倍的30年平均水平。去年秋天，该指数的远期市盈率突破23。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/e08d24cb421d7cc13debd76a9c6fea01\" tg-width=\"660\" tg-height=\"434\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p> As long as 10-year Treasury yields stay in the 2% range, the S&amp;P 500 should be able to command a forward P/E in the high teens, strategists say. A return to the 16-times long-term average isn’t in the cards until there is more pressure from much higher yields—or something else that causes stocks to fall.</p><p><blockquote>策略师表示，只要10年期国债收益率保持在2%的范围内，标普500的远期市盈率就应该能够在十几岁左右。除非收益率高得多或其他导致股市下跌的因素带来更大压力，否则不可能回到16倍的长期平均水平。</blockquote></p><p> If yields surge past 2% or 2.25%, investors could start to question equity valuations more seriously, says&nbsp;<a href=\"https://laohu8.com/S/STT\">State</a> Street’schief portfolio strategist, Gaurav Mallik: “We haven’t seen [the 10-year yield] above 2% for some time now, so that’s an important sentiment level for investors.”</p><p><blockquote>表示，如果收益率飙升超过2%或2.25%，投资者可能会开始更严重地质疑股票估值<a href=\"https://laohu8.com/S/STT\">国家</a>Street首席投资组合策略师Gaurav Mallik：“我们已经有一段时间没有看到（10年期国债收益率）超过2%了，因此这对投资者来说是一个重要的情绪水平。”</blockquote></p><p> <img src=\"https://static.tigerbbs.com/93ff6490069ab5dc1b4057f1ff7966f3\" tg-width=\"664\" tg-height=\"441\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p> Wilson is more concerned, noting that the stock market’s valuation risk is asymmetric: “It’s very unlikely that multiples are going to go up, and there’s a good chance that they go down more than 10% given the deceleration in growth and where we are in the cycle,” he says</p><p><blockquote>威尔逊更担心，他指出，股市的估值风险是不对称的：“市盈率不太可能上升，考虑到增长放缓和我们所处的位置，市盈率很有可能下降10%以上。在周期中，”他说</blockquote></p><p> If 16 to 23 times forward earnings is the range, he adds, “you’re already at the very high end of that. There’s more potential risk than reward.”</p><p><blockquote>他补充道，如果预期市盈率为16至23倍，“你已经处于这个范围的很高端。潜在风险大于回报。”</blockquote></p><p> Some P/E-multiple compression is baked into all six strategists’ forecasts, heaping greater importance on the path of profit growth. On average, the strategists expect S&amp;P 500 earnings to jump 46% this year, to about $204, after last year’s earnings depression. That could be followed by a more normalized gain of 9% in 2022, to about $222.50.</p><p><blockquote>所有六位策略师的预测都包含了一些市盈率倍数的压缩，这对利润增长路径变得更加重要。平均而言，策略师预计，继去年的盈利低迷之后，标普500今年的盈利将增长46%，至204美元左右。随后，2022年可能会上涨9%，达到约222.50美元。</blockquote></p><p></p><p> A potential headwind would be a higher federal corporate-tax rate in 2022. The details of Democrats’ spending and taxation plans will be worked out in the coming weeks, and investors can expect to hear a lot more about potential tax increases. Several strategists see a 25% federal rate on corporate profits as a likely compromise figure, above the 21% in place since 2018, but below the 28% sought by the Biden administration.</p><p><blockquote>一个潜在的阻力是2022年联邦企业税率上升。民主党支出和税收计划的细节将在未来几周内制定出来，投资者可以期待听到更多有关潜在增税的消息。几位策略师认为，25%的联邦企业利润税率可能是一个妥协数字，高于2018年以来实施的21%，但低于拜登政府寻求的28%。</blockquote></p><p> An increase of that magnitude would shave about 5% off S&amp;P 500 earnings next year. The index could drop by a similar amount as the passage of the Democrats’ reconciliation bill nears this fall, but the impact should be limited to that initial correction. As with the tax cuts in December 2017, the change should be a <a href=\"https://laohu8.com/S/AONE.U\">one</a>-time event for the market, some strategists predict.</p><p><blockquote>如此幅度的增长将使标普500明年的盈利减少约5%。随着今年秋天民主党和解法案的通过，该指数可能会下跌类似的幅度，但影响应该仅限于最初的调整。与2017年12月的减税一样，这一变化应该是<a href=\"https://laohu8.com/S/AONE.U\">一</a>——一些策略师预测，市场的时间事件。</blockquote></p><p> These concerns aside, investors shouldn’t miss the bigger picture: The U.S. economy is in good shape and growing robustly. The strategists expect gross domestic product to rise 6.3% this year and about 4% in 2022. “The cyclical uplift and above-trend growth will continue at least through 2022, and we want to be biased toward assets that have that exposure,” says Mallik.</p><p><blockquote>抛开这些担忧不谈，投资者不应错过更大的图景：美国经济状况良好，增长强劲。策略师预计今年国内生产总值将增长6.3%，2022年将增长约4%。Mallik表示：“周期性上涨和高于趋势的增长将至少持续到2022年，我们希望偏向于具有这种风险的资产。”</blockquote></p><p>   “We’re going to have a hot economy this year and next. When GDP growth is above average, value beats growth and cyclicals beat defensives.”— Lori Calvasina, RBC Capital Markets  The State Street strategist recommends overweighting materials, financials, and technology in investment portfolios. That approach includes both economically sensitive companies, such as banks and miners, and steady growers in the tech sector.</p><p><blockquote>“今明两年我们的经济将会火爆。当GDP增长高于平均水平时，价值会超过增长，周期性会超过防御性。”—Lori Calvasina，加拿大皇家银行资本市场道富策略师建议在投资组合中增持材料、金融和科技股。这种方法既包括银行和矿业公司等对经济敏感的公司，也包括科技行业的稳定增长者。</blockquote></p><p> RBC Capital Markets’ head of U.S. equity strategy, Lori Calvasina, likewise takes a barbell approach, with both cyclical and growth exposure. Her preferred sectors are energy, financials, and technology.</p><p><blockquote>加拿大皇家银行资本市场(RBC Capital Markets)美国股票策略主管洛里·卡尔瓦西纳(Lori Calvasina)同样采取杠铃法，同时投资周期性和成长性。她最喜欢的行业是能源、金融和技术。</blockquote></p><p> “Valuations are still a lot more attractive in financials and energy than growth [sectors such as technology or consumer discretionary,]” Calvasina says. “The catalyst in the near term is getting out of the current Covid wave... We’re going to have a hot economy this year and next, and traditionally when GDP growth is above average, value beats growth and cyclicals beat defensives.”</p><p><blockquote>卡尔瓦西纳表示：“金融和能源行业的估值仍然比增长行业（科技或非必需消费品等行业）更具吸引力。”“近期的催化剂是摆脱当前的新冠疫情浪潮……今年和明年我们将迎来经济火爆，传统上，当GDP增长高于平均水平时，价值会跑赢增长，周期性会跑赢防御性。”</blockquote></p><p> But the focus on quality will be pivotal, especially moving into the second half of 2022. That’s when the Fed is likely to hike interest rates for the first time in this cycle. By 2023, the economy could return to pre-Covid growth on the order of 2%.</p><p><blockquote>但对质量的关注将是关键，尤其是进入2022年下半年。届时美联储可能会在本周期内首次加息。到2023年，经济可能会恢复到新冠疫情前2%左右的增长。</blockquote></p><p> “The historical playbook is that coming out of a recession, you tend to see low-quality outperformance that lasts about a year, then leadership flips back to high quality,” Calvasina says. “But that transition from low quality back to high quality tends to be very bumpy.”</p><p><blockquote>卡尔瓦西纳表示：“历史上的剧本是，走出衰退后，你往往会看到持续一年左右的低质量优异表现，然后领导力又会恢复到高质量。”“但从低质量回到高质量的转变往往非常坎坷。”</blockquote></p><p> <b>A Shopping List for Fall</b></p><p><blockquote><b>秋季购物清单</b></blockquote></p><p> Most strategists favor a combination of economically sensitive stocks and steady growers, including tech shares. Financials should do well, particularly if bond yields rise.</p><p><blockquote>大多数策略师青睐对经济敏感的股票和稳定增长的股票（包括科技股）的组合。金融股应该会表现良好，特别是如果债券收益率上升的话。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/a54c4bd114c1a5f7f700d1fc14d30d8e\" tg-width=\"970\" tg-height=\"230\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p> Although stocks with quality attributes have outperformed the market this summer, according to a <a href=\"https://laohu8.com/S/BLK\">BlackRock</a> analysis, the quality factor has lagged since positive vaccine news was first reported last November.</p><p><blockquote>尽管今年夏天具有质量属性的股票表现优于大盘，但根据一家<a href=\"https://laohu8.com/S/BLK\">贝莱德</a>分析，自去年11月首次报道疫苗正面消息以来，质量因素一直滞后。</blockquote></p><p> “We’re moving into a mid-cycle environment, when underlying economic growth remains strong but momentum begins to decelerate,” BlackRock’s Fredericks says. “Our research shows that quality stocks perform particularly well in such a period.”</p><p><blockquote>贝莱德的弗雷德里克斯表示：“我们正在进入周期中期环境，基本经济增长仍然强劲，但势头开始减速。”“我们的研究表明，优质股票在这样的时期表现尤其出色。”</blockquote></p><p> He recommends overweighting profitable technology companies; financials, including banks, and consumer staples and industrials with those quality characteristics.</p><p><blockquote>他建议增持盈利的科技公司；金融，包括银行，以及具有这些质量特征的消费品和工业。</blockquote></p><p> For <a href=\"https://laohu8.com/S/WFC\">Wells Fargo</a>’s head of equity strategy, Christopher Harvey, a mix of post-pandemic beneficiaries and defensive exposure is the way to go. He constructed a basket of stocks with lower-than-average volatility—which should outperform during periods of market uncertainty or stress this fall—and high “Covid beta,” or sensitivity to good or bad news about the pandemic. One requirement; The stocks had to be rated the equivalent of Buy by Wells Fargo’s equity analysts.</p><p><blockquote>为了<a href=\"https://laohu8.com/S/WFC\">富国银行</a>股票策略主管克里斯托弗·哈维(Christopher Harvey)表示，大流行后受益者和防御性敞口的结合才是正确的选择。他构建了一篮子波动性低于平均水平的股票——在今年秋季市场不确定性或压力时期，这些股票应该会跑赢大盘——并且“新冠贝塔值”较高，即对有关大流行的好消息或坏消息的敏感性。一个要求；富国银行的股票分析师必须将这些股票评级为“买入”。</blockquote></p><p> “There’s near-term economic uncertainty, interest-rate uncertainty, and Covid risk, and generally we’re in a seasonally weaker part of the year around September,” says Harvey. “If we can balance low vol and high Covid beta, we can mitigate a lot of the upcoming uncertainty and volatility around timing of several of those catalysts. Longer-term, though, we still want to have that [reopening exposure.]”</p><p><blockquote>哈维表示：“近期经济存在不确定性、利率不确定性和新冠病毒风险，一般来说，我们正处于9月份左右的季节性疲软时期。”“如果我们能够平衡低波动性和高Covid贝塔值，我们就可以减轻其中几种催化剂时机即将到来的不确定性和波动性。不过，从长远来看，我们仍然希望[重新开放风险。]”</blockquote></p><p></p><p> Harvey’s list of low-volatility stocks with high Covid beta includesApple(AAPL),<a href=\"https://laohu8.com/S/BAC\">Bank of America</a>(BAC),<a href=\"https://laohu8.com/S/NTRSP\">Northern</a> Trust(NTRS),Lowe’s(LOW),<a href=\"https://laohu8.com/S/IQV\">IQVIA</a> Holdings(IQV), andMasco(MAS).</p><p><blockquote>哈维列出的具有高新贝塔值的低波动性股票名单包括苹果(AAPL)、<a href=\"https://laohu8.com/S/BAC\">美国银行</a>（BAC），<a href=\"https://laohu8.com/S/NTRSP\">北方的</a>信托(NTRS)、劳氏(LOW)、<a href=\"https://laohu8.com/S/IQV\">IQVIA</a>控股公司（IQV）和马斯科公司（MAS）。</blockquote></p><p> Overall, banks are the most frequently recommended group for the months ahead. TheInvesco KBW Bankexchange-traded fund (KBWB) provides broad exposure to the sector in the U.S.</p><p><blockquote>总体而言，银行是未来几个月最常被推荐的群体。Invesco KBW银行交易所交易基金(KBWB)提供对美国该行业的广泛投资。</blockquote></p><p> “We like the valuations [and] credit quality; they are now allowed to buy back shares and increase dividends, and there’s higher Covid beta,” says Harvey.</p><p><blockquote>“我们喜欢估值和信用质量；他们现在被允许回购股票并增加股息，而且新冠贝塔值更高，”哈维说。</blockquote></p><p> Cheaper valuations mean less potential downside in a market correction. And, contrary to much of the rest of the stock market, higher interest rates would be a tailwind for the banks, which could then charge more for loans.</p><p><blockquote>较低的估值意味着市场调整中潜在的下行空间较小。而且，与股市的其他大部分地区相反，更高的利率将成为银行的顺风车，银行可能会收取更高的贷款费用。</blockquote></p><p> <a href=\"https://laohu8.com/S/HCSG\">Healthcare</a> stocks also have some fans. “<a href=\"https://laohu8.com/S/HR\">Healthcare</a> has both defensive and growth attributes to it,” Wilson says. “You’re paying a lot less per unit of growth in healthcare today than you are in other sectors. So we think it provides good balance in this market when we’re worried about valuation.” Health insurerHumana(HUM) makes Wilson’s “Fresh Money Buy List” of stocks Buy-rated by <a href=\"https://laohu8.com/S/MS\">Morgan Stanley</a> analysts and fitting his macro views.</p><p><blockquote><a href=\"https://laohu8.com/S/HCSG\">医疗保健</a>股票也有一些粉丝。”<a href=\"https://laohu8.com/S/HR\">医疗保健</a>具有防御性和成长性，”威尔逊说。“如今，医疗保健行业每单位增长支付的费用比其他行业低得多。因此，我们认为，当我们担心估值时，它为这个市场提供了良好的平衡。”健康保险公司Humana(HUM)跻身威尔逊“新鲜资金买入名单”股票买入评级<a href=\"https://laohu8.com/S/MS\">摩根士丹利</a>分析师并符合他的宏观观点。</blockquote></p><p> Nuveen’s Malik is also looking toward health care for relatively underpriced growth exposure, namely in the pharmaceuticals and biotechnology groups. She points toSeagen(SGEN), which is focused on oncology drugs and could be an attractive acquisition target for a pharma giant.</p><p><blockquote>Nuveen的Malik还将目光投向医疗保健领域，以获得相对低估的增长机会，即制药和生物技术领域。她指出了Seagen(SGEN)，该公司专注于肿瘤药物，可能成为制药巨头有吸引力的收购目标。</blockquote></p><p> Malik also likesAbbVie(ABBV) which trades at an undemanding eight times forward earnings and sports a 4.7% dividend yield. The coming expiration of patents on its blockbuster anti-inflammatory drug Humira has kept some investors away, but Malik is confident that management can limit the damage and sees promising drugs in development at the $200 billion company.</p><p><blockquote>马利克还喜欢艾伯维(ABBV)，该公司的预期市盈率为8倍，股息收益率为4.7%。其重磅抗炎药修美乐(Humira)的专利即将到期，这让一些投资者望而却步，但马利克相信管理层能够限制损失，并看到这家价值2000亿美元的公司正在开发有前途的药物。</blockquote></p><p> Both stocks have had a tough time in recent days. Seagen fell more than 8% last week, to around $152, on news that its co-founder and CEO sold a large number of shares recently. AndAbbVietanked 7% Wednesday, to $112.27, after the Food and Drug Administration required new warning labels for JAK inhibitors, a type of anti-rheumatoid drug that includes one of <a href=\"https://laohu8.com/S/ABBV\">AbbVie</a>’s most promising post-Humira products.</p><p><blockquote>这两只股票最近几天都过得很艰难。Seagen上周跌超8%，报152美元左右，因有消息称其联合创始人兼首席执行官近期大量抛售股票。在美国食品和药物管理局要求为JAK抑制剂贴上新的警告标签后，ABBVIE周三上涨7%，至112.27美元。JAK抑制剂是一种抗类风湿药物，其中包括一种<a href=\"https://laohu8.com/S/ABBV\">艾伯维</a>最有前途的后修美乐产品。</blockquote></p><p> <a href=\"https://laohu8.com/S/PFE\">Pfizer</a>(PFE),<a href=\"https://laohu8.com/S/AXP\">American Express</a>(AXP),Johnson &amp; Johnson(JNJ), andCisco Systems(CSCO) are other S&amp;P 500 members that pass a<i>Barron’s</i>screen for quality attributes.</p><p><blockquote><a href=\"https://laohu8.com/S/PFE\">辉瑞</a>（PFE），<a href=\"https://laohu8.com/S/AXP\">美国运通</a>(AXP)、强生(JNJ)和思科系统(CSCO)是其他通过A的标普500成员<i>巴伦周刊</i>筛选质量属性。</blockquote></p><p> After a year of steady gains, investors might be reminded this fall that stocks can also decline, as growth momentum and policy support begin to fade. But underlying economic strength supports buying the dip, should the market drop from its highs. <a href=\"https://laohu8.com/S/JE\">Just</a> be more selective. And go with quality.</p><p><blockquote>经过一年的稳定上涨后，今年秋天投资者可能会被提醒，随着增长势头和政策支持开始消退，股市也可能下跌。但如果市场从高点下跌，潜在的经济实力支持逢低买入。<a href=\"https://laohu8.com/S/JE\">刚刚</a>更有选择性。追求质量。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.barrons.com/articles/stocks-could-struggle-this-fall-market-strategists-say-stick-with-quality-companies-51630699840?siteid=yhoof2\">Barron's</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index",".DJI":"道琼斯",".IXIC":"NASDAQ Composite","SPY":"标普500ETF"},"source_url":"https://www.barrons.com/articles/stocks-could-struggle-this-fall-market-strategists-say-stick-with-quality-companies-51630699840?siteid=yhoof2","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1130130857","content_text":"What a year this has been for the markets! Fueled by a torrent of monetary and fiscal stimulus, economic and earnings growth, and (until recently) a mostly receding pandemic, theS&P 500stock index has rallied 20%, notching seven straight months of gains and more than 50 highs along the way. And that’s on top of last year’s 68% rebound from the market’s March 2020 lows.\nTailwinds remain in place, but headwinds now loom that could slow stocks’ advance. Stimulus spending has peaked, and economic and corporate-earnings growth are likely to decelerate through the end of the year. What’s more, theFederal Reserve has all but promised to start tapering its bond buyingin coming months, and the Biden administration has proposed hiking corporate and personal tax rates. None of this is apt to sit well with holders of increasingly pricey shares.\nIn other words,brace for a volatile fallin which conflicting forces buffet stocks, bonds, and investors. “The everything rally is behind us,” says Saira Malik, chief investment officer of global equities at Nuveen. “It’s not going to be a sharply rising economic tide that lifts all boats from here.”\nThat’s the general consensus among the six market strategists and chief investment officers whomBarron’srecently consulted. All see the S&P 500 ending the year near Thursday’s close of 4536. Their average target: 4585.\nNext year’s gains look muted, as well, relative to recent trends. The group expects the S&P 500 to tack on another 6% in 2022, rising to about 4800.\nWith stocks trading for about 21 times the coming year’s expected earnings,bonds yielding little, and cash yielding less than nothing after accounting for inflation, investors face tough asset-allocation decisions. In place of the “everything rally,” which lifted fast-growing tech stocks, no-growth meme stocks, and the Dogecoins of the digital world, our market watchers recommend focusing on “quality” investments. In equities, that means shares of businesses with solid balance sheets, expanding profit margins, and ample and recurring free cash flow. Even if the averages do little in coming months, these stocks are likely to shine.\nThe stock market’s massive rally in the past year was a gift of sorts from the Federal Reserve, which flooded the financial system with money to stave off theeconomic damage wrought by the Covid pandemic. Since March 2020, the U.S. central bank has been buying a combined $120 billion a month of U.S. Treasuries and mortgage-backed securities, while keeping its benchmark federal-funds rate target at 0% to 0.25%. These moves have depressed bond yields and pushed investors into riskier assets, including stocks.\nFed Chairman Jerome Powell has said that the central bank might begin to wind down, or taper, its emergency asset purchases sometime in the coming quarters, a move that could roil risk assets of all sorts. “For us, it’s very simple: Tapering is tightening,” says Mike Wilson, chief investment officer and chief U.S. equity strategist atMorgan Stanley.“It’s the first step away from maximum accommodation [by the Fed]. They’re being very calculated about it this time, but the bottom line is that it should have a negative effect on equity valuations.”\nThe government’s stimulus spending, too, has peaked, the strategists note. Supplemental federal unemployment benefits of $300 a week expire as of Sept. 6. Although Congress seems likely to pass a bipartisan infrastructure bill this fall, the near-term economic impact will pale in comparison to the multiple rounds of stimulus introduced since March 2020.\nThe bill includes about $550 billion in new spending—a fraction of the trillions authorized by previous laws—and it will be spread out over many years. The short-term boost that infrastructure stimulus will give to consumer spending, which accounts for almost 70% of U.S. growth domestic product, won’t come close to what the economy saw after millions of Americans received checks from the government this past year.\nA budget bill approved by Democrats only should follow the infrastructure bill, and include spending to support Medicare expansion, child-care funding, free community-college tuition, public housing, and climate-related measures, among other party priorities. Congress could vote to lift taxes on corporations and high-earning individuals to offset that spending—another near-term risk to the market.\nOther politically charged issues likewise could derail equities this fall. Congress needs to pass a debt-ceiling increase to fund the government, and a stop-gap spending bill later this month to avoid a Washington shutdown in October.\nFor now, our market experts are relatively sanguine about the economic impact of the Delta variant of Covid-19. As long as vaccines remain effective in minimizing severe infections that lead to hospitalizations and deaths, the negative effects of the current Covid wave will be limited largely to the travel industry and movie theaters, they say. Wall Street’s base case for the market doesn’t include a renewed wave of lockdowns that would undermine economic growth.\nInflation has been a hot topic at the Fed and among investors, partly because it has been running so hot of late. The U.S. consumer price index rose at an annualized 5.4% in both June and July—a spike the Fed calls transitory, although others aren’t so sure. The strategists are taking Powell’s side of the argument; they expect inflation to fall significantly next year. Their forecasts fall between 2.5% and 3.5%, which they consider manageable for consumers and companies, and an acceptable side effect of rapid economic growth. An inflation rate above 2.5%, however, combined with Fed tapering, would mean that now ultralow bond yields should rise.\n“We think inflation will continue to run hotter than it has since the financial crisis, but it’s hard for us to see inflation much over 2.5% once many of the reopening-related pressures start to dissipate,” says Michael Fredericks, head of income investing for theBlackRockMulti-Asset Strategies Group. “So bond yields do need to move up, but that will happen gradually.”\nThe strategists see the yield on the 10-year U.S. Treasury note climbing to around 1.65% by year end. That’s about 35 basis points—or hundredths of a percentage point—above current levels, but below the 1.75% that the yield reached at its March 2021 highs. By next year, the 10-year Treasury could yield 2%, the group says. Those aren’t big moves in absolute terms, but they’re meaningful for the bond market—and could be even more so for stocks.\nRising yields tend to weigh on stock valuations for two reasons. Higher-yielding bonds offer competition to stocks, and companies’ future earnings are worthless in the present when discounting them at a higher rate. Still, a 10-year yield around 2% won’t be enough to knock stock valuations down to pre-Covid levels. Even if yields climb, market strategists see the price/earnings multiple of the S&P 500 holding well above its 30-year average of 16 times forward earnings. The index’s forward P/E topped 23 last fall.\n\nAs long as 10-year Treasury yields stay in the 2% range, the S&P 500 should be able to command a forward P/E in the high teens, strategists say. A return to the 16-times long-term average isn’t in the cards until there is more pressure from much higher yields—or something else that causes stocks to fall.\nIf yields surge past 2% or 2.25%, investors could start to question equity valuations more seriously, says State Street’schief portfolio strategist, Gaurav Mallik: “We haven’t seen [the 10-year yield] above 2% for some time now, so that’s an important sentiment level for investors.”\n\nWilson is more concerned, noting that the stock market’s valuation risk is asymmetric: “It’s very unlikely that multiples are going to go up, and there’s a good chance that they go down more than 10% given the deceleration in growth and where we are in the cycle,” he says\nIf 16 to 23 times forward earnings is the range, he adds, “you’re already at the very high end of that. There’s more potential risk than reward.”\nSome P/E-multiple compression is baked into all six strategists’ forecasts, heaping greater importance on the path of profit growth. On average, the strategists expect S&P 500 earnings to jump 46% this year, to about $204, after last year’s earnings depression. That could be followed by a more normalized gain of 9% in 2022, to about $222.50.\nA potential headwind would be a higher federal corporate-tax rate in 2022. The details of Democrats’ spending and taxation plans will be worked out in the coming weeks, and investors can expect to hear a lot more about potential tax increases. Several strategists see a 25% federal rate on corporate profits as a likely compromise figure, above the 21% in place since 2018, but below the 28% sought by the Biden administration.\nAn increase of that magnitude would shave about 5% off S&P 500 earnings next year. The index could drop by a similar amount as the passage of the Democrats’ reconciliation bill nears this fall, but the impact should be limited to that initial correction. As with the tax cuts in December 2017, the change should be a one-time event for the market, some strategists predict.\nThese concerns aside, investors shouldn’t miss the bigger picture: The U.S. economy is in good shape and growing robustly. The strategists expect gross domestic product to rise 6.3% this year and about 4% in 2022. “The cyclical uplift and above-trend growth will continue at least through 2022, and we want to be biased toward assets that have that exposure,” says Mallik.\n\n “We’re going to have a hot economy this year and next. When GDP growth is above average, value beats growth and cyclicals beat defensives.”— Lori Calvasina, RBC Capital Markets\n\nThe State Street strategist recommends overweighting materials, financials, and technology in investment portfolios. That approach includes both economically sensitive companies, such as banks and miners, and steady growers in the tech sector.\nRBC Capital Markets’ head of U.S. equity strategy, Lori Calvasina, likewise takes a barbell approach, with both cyclical and growth exposure. Her preferred sectors are energy, financials, and technology.\n“Valuations are still a lot more attractive in financials and energy than growth [sectors such as technology or consumer discretionary,]” Calvasina says. “The catalyst in the near term is getting out of the current Covid wave... We’re going to have a hot economy this year and next, and traditionally when GDP growth is above average, value beats growth and cyclicals beat defensives.”\nBut the focus on quality will be pivotal, especially moving into the second half of 2022. That’s when the Fed is likely to hike interest rates for the first time in this cycle. By 2023, the economy could return to pre-Covid growth on the order of 2%.\n“The historical playbook is that coming out of a recession, you tend to see low-quality outperformance that lasts about a year, then leadership flips back to high quality,” Calvasina says. “But that transition from low quality back to high quality tends to be very bumpy.”\nA Shopping List for Fall\nMost strategists favor a combination of economically sensitive stocks and steady growers, including tech shares. Financials should do well, particularly if bond yields rise.\n\nAlthough stocks with quality attributes have outperformed the market this summer, according to a BlackRock analysis, the quality factor has lagged since positive vaccine news was first reported last November.\n“We’re moving into a mid-cycle environment, when underlying economic growth remains strong but momentum begins to decelerate,” BlackRock’s Fredericks says. “Our research shows that quality stocks perform particularly well in such a period.”\nHe recommends overweighting profitable technology companies; financials, including banks, and consumer staples and industrials with those quality characteristics.\nFor Wells Fargo’s head of equity strategy, Christopher Harvey, a mix of post-pandemic beneficiaries and defensive exposure is the way to go. He constructed a basket of stocks with lower-than-average volatility—which should outperform during periods of market uncertainty or stress this fall—and high “Covid beta,” or sensitivity to good or bad news about the pandemic. One requirement; The stocks had to be rated the equivalent of Buy by Wells Fargo’s equity analysts.\n“There’s near-term economic uncertainty, interest-rate uncertainty, and Covid risk, and generally we’re in a seasonally weaker part of the year around September,” says Harvey. “If we can balance low vol and high Covid beta, we can mitigate a lot of the upcoming uncertainty and volatility around timing of several of those catalysts. Longer-term, though, we still want to have that [reopening exposure.]”\nHarvey’s list of low-volatility stocks with high Covid beta includesApple(AAPL),Bank of America(BAC),Northern Trust(NTRS),Lowe’s(LOW),IQVIA Holdings(IQV), andMasco(MAS).\nOverall, banks are the most frequently recommended group for the months ahead. TheInvesco KBW Bankexchange-traded fund (KBWB) provides broad exposure to the sector in the U.S.\n“We like the valuations [and] credit quality; they are now allowed to buy back shares and increase dividends, and there’s higher Covid beta,” says Harvey.\nCheaper valuations mean less potential downside in a market correction. And, contrary to much of the rest of the stock market, higher interest rates would be a tailwind for the banks, which could then charge more for loans.\nHealthcare stocks also have some fans. “Healthcare has both defensive and growth attributes to it,” Wilson says. “You’re paying a lot less per unit of growth in healthcare today than you are in other sectors. So we think it provides good balance in this market when we’re worried about valuation.” Health insurerHumana(HUM) makes Wilson’s “Fresh Money Buy List” of stocks Buy-rated by Morgan Stanley analysts and fitting his macro views.\nNuveen’s Malik is also looking toward health care for relatively underpriced growth exposure, namely in the pharmaceuticals and biotechnology groups. She points toSeagen(SGEN), which is focused on oncology drugs and could be an attractive acquisition target for a pharma giant.\nMalik also likesAbbVie(ABBV) which trades at an undemanding eight times forward earnings and sports a 4.7% dividend yield. The coming expiration of patents on its blockbuster anti-inflammatory drug Humira has kept some investors away, but Malik is confident that management can limit the damage and sees promising drugs in development at the $200 billion company.\nBoth stocks have had a tough time in recent days. Seagen fell more than 8% last week, to around $152, on news that its co-founder and CEO sold a large number of shares recently. AndAbbVietanked 7% Wednesday, to $112.27, after the Food and Drug Administration required new warning labels for JAK inhibitors, a type of anti-rheumatoid drug that includes one of AbbVie’s most promising post-Humira products.\nPfizer(PFE),American Express(AXP),Johnson & Johnson(JNJ), andCisco Systems(CSCO) are other S&P 500 members that pass aBarron’sscreen for quality attributes.\nAfter a year of steady gains, investors might be reminded this fall that stocks can also decline, as growth momentum and policy support begin to fade. But underlying economic strength supports buying the dip, should the market drop from its highs. Just be more selective. And go with quality.","news_type":1,"symbols_score_info":{".SPX":0.9,".IXIC":0.9,".DJI":0.9,"SPY":0.9}},"isVote":1,"tweetType":1,"viewCount":587,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":815689625,"gmtCreate":1630675511967,"gmtModify":1631889949529,"author":{"id":"3573553598754980","authorId":"3573553598754980","name":"diamondHands","avatar":"https://static.tigerbbs.com/dc04e09561a7a5cf929c1ad9f33b1d82","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573553598754980","authorIdStr":"3573553598754980"},"themes":[],"htmlText":"Like please","listText":"Like please","text":"Like please","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/815689625","repostId":"2164874003","repostType":4,"isVote":1,"tweetType":1,"viewCount":367,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":698719153,"gmtCreate":1640534899795,"gmtModify":1640534899998,"author":{"id":"3573553598754980","authorId":"3573553598754980","name":"diamondHands","avatar":"https://static.tigerbbs.com/dc04e09561a7a5cf929c1ad9f33b1d82","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573553598754980","authorIdStr":"3573553598754980"},"themes":[],"htmlText":"Like please","listText":"Like please","text":"Like please","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/698719153","repostId":"2193178197","repostType":4,"isVote":1,"tweetType":1,"viewCount":2205,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":600071961,"gmtCreate":1638023792726,"gmtModify":1638023792791,"author":{"id":"3573553598754980","authorId":"3573553598754980","name":"diamondHands","avatar":"https://static.tigerbbs.com/dc04e09561a7a5cf929c1ad9f33b1d82","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573553598754980","authorIdStr":"3573553598754980"},"themes":[],"htmlText":"Like please","listText":"Like please","text":"Like please","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/600071961","repostId":"2186344334","repostType":4,"isVote":1,"tweetType":1,"viewCount":846,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":827849418,"gmtCreate":1634448661537,"gmtModify":1634448661713,"author":{"id":"3573553598754980","authorId":"3573553598754980","name":"diamondHands","avatar":"https://static.tigerbbs.com/dc04e09561a7a5cf929c1ad9f33b1d82","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573553598754980","authorIdStr":"3573553598754980"},"themes":[],"htmlText":"Help like please","listText":"Help like please","text":"Help like please","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/827849418","repostId":"2175146556","repostType":4,"isVote":1,"tweetType":1,"viewCount":447,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":887910108,"gmtCreate":1631956143004,"gmtModify":1632805090974,"author":{"id":"3573553598754980","authorId":"3573553598754980","name":"diamondHands","avatar":"https://static.tigerbbs.com/dc04e09561a7a5cf929c1ad9f33b1d82","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573553598754980","authorIdStr":"3573553598754980"},"themes":[],"htmlText":"Help like please","listText":"Help like please","text":"Help like please","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/887910108","repostId":"1171558890","repostType":4,"repost":{"id":"1171558890","kind":"news","pubTimestamp":1631921912,"share":"https://www.laohu8.com/m/news/1171558890?lang=zh_CN&edition=full","pubTime":"2021-09-18 07:38","market":"us","language":"en","title":"US IPO Week Ahead: Software, consumer products, and payment tech lead a diverse 14 IPO week<blockquote>美国IPO周：软件、消费品和支付技术引领多元化14周IPO周</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1171558890","media":"renaissancecap...","summary":"Summer may be over, but the IPO market is just heating up as 14 IPOs are slated to raise $5.3 billio","content":"<p>Summer may be over, but the IPO market is just heating up as 14 IPOs are slated to raise $5.3 billion in the week ahead. The diverse group includes software, consumer products, payment technology, and more.</p><p><blockquote>夏季可能已经结束，但IPO市场刚刚升温，未来一周将有14起IPO筹集53亿美元。多元化的群体包括软件、消费品、支付技术等等。</blockquote></p><p> The largest deal of the week,<b>Freshworks</b>(FRSH) plans to raise $855 million at a $9.6 billion market cap. The company’s core product is its customer support software, and it also offers IT service management software and a nascent competitor to CRM solutions. While losses are expected to increase with S&amp;M spending, Freshworks has delivered solid growth and 100%+ net dollar-based revenue retention as of 6/30/21.</p><p><blockquote>本周最大的交易，<b>Freshworks</b>(FRSH)计划以96亿美元的市值筹集8.55亿美元。该公司的核心产品是其客户支持软件，它还提供IT服务管理软件和CRM解决方案的新兴竞争对手。虽然亏损预计会随着S&amp;M支出的增加而增加，但截至2011年6月30日，Freshworks实现了稳健的增长和100%以上的净美元收入保留率。</blockquote></p><p> Canadian consumer products company&nbsp;<b>Knowlton Development</b>(KDC) plans to raise $800 million at a $3.1 billion market cap. Over the past three years, Knowlton has been responsible for co-developing 9,000+ products across a variety of categories, and its products are sold by its brand partners in 70+ countries. Despite using offering proceeds to pay down debt, Knowlton will be leveraged post-IPO.</p><p><blockquote>加拿大消费品公司<b>诺尔顿发展</b>(KDC)计划以31亿美元的市值筹集8亿美元。在过去的三年里，Knowlton负责共同开发了9,000多种产品，其产品由70多个国家的品牌合作伙伴销售。尽管诺尔顿将使用发行收益来偿还债务，但IPO后仍将发挥杠杆作用。</blockquote></p><p> Restaurant payment processor&nbsp;<b>Toast</b>(TOST) plans to raise $685 million at a $17.9 billion market cap. Toast provides a suite of integrated payment and software solutions that are designed to streamline restaurant operations. The company grew ARR over 100% in the 1H21, though it has historically been unprofitable, and growth could slow as tailwinds from restaurants reopening abate.</p><p><blockquote>餐厅支付处理器<b>吐司</b>(TOST)计划以179亿美元的市值筹集6.85亿美元。Toast提供一套集成支付和软件解决方案，旨在简化餐厅运营。该公司在2021年上半年的ARR增长率超过100%，尽管它历来没有盈利，而且随着餐厅重新开业的推动力减弱，增长可能会放缓。</blockquote></p><p> Global money transfer firm&nbsp;<b>Remitly Global</b>(RELY) plans to raise $487 million at a $7.5 billion market cap. Remitly provides digital financial services for immigrants and their families in over 135 countries, and it has expanded its core cross-border remittance product to over 1,700 corridors worldwide. The company has demonstrated growth and margin improvement, though it remains unprofitable.</p><p><blockquote>全球汇款公司<b>全球汇款</b>(RELY)计划以75亿美元的市值筹集4.87亿美元。Remitly为超过135个国家的移民及其家人提供数字金融服务，并已将其核心跨境汇款产品扩展到全球1,700多个走廊。该公司已实现增长和利润率提高，但仍未盈利。</blockquote></p><p> Software firm&nbsp;<b>Clearwater Analytics</b>(CWAN) plans to raise $450 million at a $3.7 billion market cap. Clearwater provides its 1,000+ clients with cloud-native software that allows them to simplify their investment accounting operations, and the company has a 100% recurring revenue model. A new investor and certain existing shareholders intend to purchase $150 million worth of shares in the IPO.</p><p><blockquote>软件公司<b>清水分析</b>(CWAN)计划以37亿美元的市值筹集4.5亿美元。Clearwater为其1,000多家客户提供云原生软件，使他们能够简化投资会计操作，并且该公司拥有100%的经常性收入模式。一位新投资者和某些现有股东打算在IPO中购买价值1.5亿美元的股票。</blockquote></p><p> Food company&nbsp;<b>Sovos Brands</b>(SOVO) plans to raise $350 million at a $1.5 billion market cap. Formed by Advent International, Sovos Brands offers a select group of acquired premium food brands. According to the company, its largest brand of products, Rao's, included the #1 selling SKU in the pasta and pizza sauce category. Profitable with solid growth, Sovos will be leveraged post-IPO.</p><p><blockquote>食品公司<b>索沃斯品牌</b>(SOVO)计划以15亿美元的市值筹集3.5亿美元。Sovos Brands由Advent International组建，提供一组精选的收购优质食品品牌。据该公司称，其最大的产品品牌Rao’s是意大利面和披萨酱类别中销量第一的SKU。Sovos盈利稳健增长，IPO后将发挥杠杆作用。</blockquote></p><p> Customer engagement software provider&nbsp;<b>EngageSmart</b>(ESMT) plans to raise $349 million at a $4.1 billion market cap. The company provides software that simplifies online workflows like paperless billing, electronic payment processing, scheduling, and client communication. While growth may slow post-pandemic, EngageSmart has a sticky customer based and a long track record of profitability.</p><p><blockquote>客户参与软件提供商<b>参与智能</b>(ESMT)计划以41亿美元的市值筹集3.49亿美元。该公司提供简化在线工作流程的软件，如无纸化计费、电子支付处理、日程安排和客户沟通。虽然大流行后增长可能会放缓，但EngageSmart拥有粘性客户群和长期的盈利记录。</blockquote></p><p> Hiring solutions provider&nbsp;<b>Sterling Check</b>(STER) plans to raise $300 million at a $2.1 billion market cap. Sterling is one of the leading US providers of background checks for corporate and government customers. The company serves more than 50% of the Fortune 100, often with exclusive contracts, though it operates in a highly competitive market.</p><p><blockquote>招聘解决方案提供商<b>英镑支票</b>(STER)计划以21亿美元的市值筹集3亿美元。Sterling是美国领先的企业和政府客户背景调查提供商之一。尽管该公司在竞争激烈的市场中运营，但该公司为超过50%的财富100强企业提供服务，通常签订独家合同。</blockquote></p><p> Jewelry retailer&nbsp;<b>Brilliant Earth Group</b>(BRLT) plans to raise $250 million at a $1.4 billion. Brilliant Earth is a digital-first jewelry company and a global leader in ethically sourced fine jewelry. The company has sold to consumers in all US states and over 50 countries, and has served over 370,000 customers through its e-commerce platform and 13 showrooms.</p><p><blockquote>珠宝零售商<b>辉煌地球集团</b>(BRLT)计划以14亿澳元筹集2.5亿美元。Brilliant Earth是一家数字优先的珠宝公司，也是道德采购高级珠宝的全球领导者。该公司已向美国所有州和50多个国家的消费者销售产品，并通过其电子商务平台和13个展厅为超过370,000名客户提供服务。</blockquote></p><p> Online fashion platform&nbsp;<b>a.k.a. Brands</b>(AKA) plans to raise $250 million at a $2.3 billion market cap. a.k.a. acquires digitally-focused fashion brands oriented toward millennial and Gen Z consumers, starting with its acquisition of Princess Polly in 2018. The company has successfully expanded Princess Polly and has a long runway to grow its brands in the US, but its M&amp;A strategy carries execution risk.</p><p><blockquote>线上时尚平台<b>又名品牌</b>(AKA)计划以23亿美元的市值筹集2.5亿美元。a.k.a.从2018年收购Princess Polly开始，收购面向千禧一代和Z世代消费者的数字化时尚品牌。该公司已经成功扩张了波利公主，并且在美国发展品牌还有很长的路要走，但其并购战略存在执行风险。</blockquote></p><p> COVID-19 test maker&nbsp;<b>Cue Health</b>(HLTH) plans to raise $200 million at a $2.4 billion market cap. Cue’s first commercially available diagnostic test for use with its Cue Health Monitoring System is its COVID-19 Test Kit, which has been authorized by two EUAs. Cue has five additional Test Kits in late-stage technical development, for which it expects to begin seeking FDA authorization or clearance in the 2H22.</p><p><blockquote>COVID-19测试制造商<b>提示健康</b>(HLTH)计划以24亿美元的市值筹集2亿美元。Cue首个用于其Cue健康监测系统的商用诊断测试是其COVID-19检测试剂盒，该试剂盒已获得两个EUA的授权。Cue还有另外五个测试套件处于后期技术开发阶段，预计将于2022年下半年开始寻求FDA授权或批准。</blockquote></p><p></p><p> London-listed crypto mining company&nbsp;<b>Argo Blockchain</b>(ARBK) plans to raise $138 million at an $855 million market cap. Argo states that it is a leading blockchain technology company focused on large-scale mining of Bitcoin and other cryptocurrencies. Argo has a fleet of more than 21,000 purpose-built computers (mining machines) and can generate more than 1,075 petahash per second.</p><p><blockquote>伦敦上市的加密货币挖矿公司<b>Argo区块链</b>(ARBK)计划以8.55亿美元的市值筹集1.38亿美元。Argo表示，它是一家领先的区块链技术公司，专注于比特币和其他加密货币的大规模挖掘。Argo拥有超过21,000台专用计算机（矿机），每秒可生成超过1,075 petahash。</blockquote></p><p> Personalized supplements seller&nbsp;<b>Thorne Healthtech</b>(THRN) plans to raise $126 million at an $892 million market cap. The company’s vertically integrated brands, Thorne and Onegevity, provide actionable insights and personalized data, products, and services. Profitable with strong growth, Thorne has a base of more than 3 million customers.</p><p><blockquote>个性化补充剂卖家<b>索恩健康科技</b>(THRN)计划以8.92亿美元的市值筹集1.26亿美元。该公司的垂直整合品牌Thorne和Onegevity提供可操作的见解和个性化数据、产品和服务。Thorne盈利强劲增长，拥有超过300万客户群。</blockquote></p><p> Canadian bank&nbsp;<b>VersaBank</b>(VBNK) plans to raise $50 million at a $269 million market cap. VersaBank is a Canadian Schedule I chartered bank and states that it is one of the world's first fully digital financial institutions. As of July 31, 2021, VersaBank had $1.8 billion in assets, $1.6 billion in loans, $1.5 billion in deposits, and $202 million in stockholders' equity.</p><p><blockquote>加拿大银行<b>VersaBank</b>(VBNK)计划以2.69亿美元的市值筹集5000万美元。VersaBank是加拿大附表一特许银行，并表示它是世界上首批完全数字化的金融机构之一。截至2021年7月31日，VersaBank拥有18亿美元资产、16亿美元贷款、15亿美元存款和2.02亿美元股东权益。</blockquote></p><p></p>","source":"lsy1619493174116","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>US IPO Week Ahead: Software, consumer products, and payment tech lead a diverse 14 IPO week<blockquote>美国IPO周：软件、消费品和支付技术引领多元化14周IPO周</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nUS IPO Week Ahead: Software, consumer products, and payment tech lead a diverse 14 IPO week<blockquote>美国IPO周：软件、消费品和支付技术引领多元化14周IPO周</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">renaissancecap...</strong><span class=\"h-time small\">2021-09-18 07:38</span>\n</p>\n</h4>\n</header>\n<article>\n<p>Summer may be over, but the IPO market is just heating up as 14 IPOs are slated to raise $5.3 billion in the week ahead. The diverse group includes software, consumer products, payment technology, and more.</p><p><blockquote>夏季可能已经结束，但IPO市场刚刚升温，未来一周将有14起IPO筹集53亿美元。多元化的群体包括软件、消费品、支付技术等等。</blockquote></p><p> The largest deal of the week,<b>Freshworks</b>(FRSH) plans to raise $855 million at a $9.6 billion market cap. The company’s core product is its customer support software, and it also offers IT service management software and a nascent competitor to CRM solutions. While losses are expected to increase with S&amp;M spending, Freshworks has delivered solid growth and 100%+ net dollar-based revenue retention as of 6/30/21.</p><p><blockquote>本周最大的交易，<b>Freshworks</b>(FRSH)计划以96亿美元的市值筹集8.55亿美元。该公司的核心产品是其客户支持软件，它还提供IT服务管理软件和CRM解决方案的新兴竞争对手。虽然亏损预计会随着S&amp;M支出的增加而增加，但截至2011年6月30日，Freshworks实现了稳健的增长和100%以上的净美元收入保留率。</blockquote></p><p> Canadian consumer products company&nbsp;<b>Knowlton Development</b>(KDC) plans to raise $800 million at a $3.1 billion market cap. Over the past three years, Knowlton has been responsible for co-developing 9,000+ products across a variety of categories, and its products are sold by its brand partners in 70+ countries. Despite using offering proceeds to pay down debt, Knowlton will be leveraged post-IPO.</p><p><blockquote>加拿大消费品公司<b>诺尔顿发展</b>(KDC)计划以31亿美元的市值筹集8亿美元。在过去的三年里，Knowlton负责共同开发了9,000多种产品，其产品由70多个国家的品牌合作伙伴销售。尽管诺尔顿将使用发行收益来偿还债务，但IPO后仍将发挥杠杆作用。</blockquote></p><p> Restaurant payment processor&nbsp;<b>Toast</b>(TOST) plans to raise $685 million at a $17.9 billion market cap. Toast provides a suite of integrated payment and software solutions that are designed to streamline restaurant operations. The company grew ARR over 100% in the 1H21, though it has historically been unprofitable, and growth could slow as tailwinds from restaurants reopening abate.</p><p><blockquote>餐厅支付处理器<b>吐司</b>(TOST)计划以179亿美元的市值筹集6.85亿美元。Toast提供一套集成支付和软件解决方案，旨在简化餐厅运营。该公司在2021年上半年的ARR增长率超过100%，尽管它历来没有盈利，而且随着餐厅重新开业的推动力减弱，增长可能会放缓。</blockquote></p><p> Global money transfer firm&nbsp;<b>Remitly Global</b>(RELY) plans to raise $487 million at a $7.5 billion market cap. Remitly provides digital financial services for immigrants and their families in over 135 countries, and it has expanded its core cross-border remittance product to over 1,700 corridors worldwide. The company has demonstrated growth and margin improvement, though it remains unprofitable.</p><p><blockquote>全球汇款公司<b>全球汇款</b>(RELY)计划以75亿美元的市值筹集4.87亿美元。Remitly为超过135个国家的移民及其家人提供数字金融服务，并已将其核心跨境汇款产品扩展到全球1,700多个走廊。该公司已实现增长和利润率提高，但仍未盈利。</blockquote></p><p> Software firm&nbsp;<b>Clearwater Analytics</b>(CWAN) plans to raise $450 million at a $3.7 billion market cap. Clearwater provides its 1,000+ clients with cloud-native software that allows them to simplify their investment accounting operations, and the company has a 100% recurring revenue model. A new investor and certain existing shareholders intend to purchase $150 million worth of shares in the IPO.</p><p><blockquote>软件公司<b>清水分析</b>(CWAN)计划以37亿美元的市值筹集4.5亿美元。Clearwater为其1,000多家客户提供云原生软件，使他们能够简化投资会计操作，并且该公司拥有100%的经常性收入模式。一位新投资者和某些现有股东打算在IPO中购买价值1.5亿美元的股票。</blockquote></p><p> Food company&nbsp;<b>Sovos Brands</b>(SOVO) plans to raise $350 million at a $1.5 billion market cap. Formed by Advent International, Sovos Brands offers a select group of acquired premium food brands. According to the company, its largest brand of products, Rao's, included the #1 selling SKU in the pasta and pizza sauce category. Profitable with solid growth, Sovos will be leveraged post-IPO.</p><p><blockquote>食品公司<b>索沃斯品牌</b>(SOVO)计划以15亿美元的市值筹集3.5亿美元。Sovos Brands由Advent International组建，提供一组精选的收购优质食品品牌。据该公司称，其最大的产品品牌Rao’s是意大利面和披萨酱类别中销量第一的SKU。Sovos盈利稳健增长，IPO后将发挥杠杆作用。</blockquote></p><p> Customer engagement software provider&nbsp;<b>EngageSmart</b>(ESMT) plans to raise $349 million at a $4.1 billion market cap. The company provides software that simplifies online workflows like paperless billing, electronic payment processing, scheduling, and client communication. While growth may slow post-pandemic, EngageSmart has a sticky customer based and a long track record of profitability.</p><p><blockquote>客户参与软件提供商<b>参与智能</b>(ESMT)计划以41亿美元的市值筹集3.49亿美元。该公司提供简化在线工作流程的软件，如无纸化计费、电子支付处理、日程安排和客户沟通。虽然大流行后增长可能会放缓，但EngageSmart拥有粘性客户群和长期的盈利记录。</blockquote></p><p> Hiring solutions provider&nbsp;<b>Sterling Check</b>(STER) plans to raise $300 million at a $2.1 billion market cap. Sterling is one of the leading US providers of background checks for corporate and government customers. The company serves more than 50% of the Fortune 100, often with exclusive contracts, though it operates in a highly competitive market.</p><p><blockquote>招聘解决方案提供商<b>英镑支票</b>(STER)计划以21亿美元的市值筹集3亿美元。Sterling是美国领先的企业和政府客户背景调查提供商之一。尽管该公司在竞争激烈的市场中运营，但该公司为超过50%的财富100强企业提供服务，通常签订独家合同。</blockquote></p><p> Jewelry retailer&nbsp;<b>Brilliant Earth Group</b>(BRLT) plans to raise $250 million at a $1.4 billion. Brilliant Earth is a digital-first jewelry company and a global leader in ethically sourced fine jewelry. The company has sold to consumers in all US states and over 50 countries, and has served over 370,000 customers through its e-commerce platform and 13 showrooms.</p><p><blockquote>珠宝零售商<b>辉煌地球集团</b>(BRLT)计划以14亿澳元筹集2.5亿美元。Brilliant Earth是一家数字优先的珠宝公司，也是道德采购高级珠宝的全球领导者。该公司已向美国所有州和50多个国家的消费者销售产品，并通过其电子商务平台和13个展厅为超过370,000名客户提供服务。</blockquote></p><p> Online fashion platform&nbsp;<b>a.k.a. Brands</b>(AKA) plans to raise $250 million at a $2.3 billion market cap. a.k.a. acquires digitally-focused fashion brands oriented toward millennial and Gen Z consumers, starting with its acquisition of Princess Polly in 2018. The company has successfully expanded Princess Polly and has a long runway to grow its brands in the US, but its M&amp;A strategy carries execution risk.</p><p><blockquote>线上时尚平台<b>又名品牌</b>(AKA)计划以23亿美元的市值筹集2.5亿美元。a.k.a.从2018年收购Princess Polly开始，收购面向千禧一代和Z世代消费者的数字化时尚品牌。该公司已经成功扩张了波利公主，并且在美国发展品牌还有很长的路要走，但其并购战略存在执行风险。</blockquote></p><p> COVID-19 test maker&nbsp;<b>Cue Health</b>(HLTH) plans to raise $200 million at a $2.4 billion market cap. Cue’s first commercially available diagnostic test for use with its Cue Health Monitoring System is its COVID-19 Test Kit, which has been authorized by two EUAs. Cue has five additional Test Kits in late-stage technical development, for which it expects to begin seeking FDA authorization or clearance in the 2H22.</p><p><blockquote>COVID-19测试制造商<b>提示健康</b>(HLTH)计划以24亿美元的市值筹集2亿美元。Cue首个用于其Cue健康监测系统的商用诊断测试是其COVID-19检测试剂盒，该试剂盒已获得两个EUA的授权。Cue还有另外五个测试套件处于后期技术开发阶段，预计将于2022年下半年开始寻求FDA授权或批准。</blockquote></p><p></p><p> London-listed crypto mining company&nbsp;<b>Argo Blockchain</b>(ARBK) plans to raise $138 million at an $855 million market cap. Argo states that it is a leading blockchain technology company focused on large-scale mining of Bitcoin and other cryptocurrencies. Argo has a fleet of more than 21,000 purpose-built computers (mining machines) and can generate more than 1,075 petahash per second.</p><p><blockquote>伦敦上市的加密货币挖矿公司<b>Argo区块链</b>(ARBK)计划以8.55亿美元的市值筹集1.38亿美元。Argo表示，它是一家领先的区块链技术公司，专注于比特币和其他加密货币的大规模挖掘。Argo拥有超过21,000台专用计算机（矿机），每秒可生成超过1,075 petahash。</blockquote></p><p> Personalized supplements seller&nbsp;<b>Thorne Healthtech</b>(THRN) plans to raise $126 million at an $892 million market cap. The company’s vertically integrated brands, Thorne and Onegevity, provide actionable insights and personalized data, products, and services. Profitable with strong growth, Thorne has a base of more than 3 million customers.</p><p><blockquote>个性化补充剂卖家<b>索恩健康科技</b>(THRN)计划以8.92亿美元的市值筹集1.26亿美元。该公司的垂直整合品牌Thorne和Onegevity提供可操作的见解和个性化数据、产品和服务。Thorne盈利强劲增长，拥有超过300万客户群。</blockquote></p><p> Canadian bank&nbsp;<b>VersaBank</b>(VBNK) plans to raise $50 million at a $269 million market cap. VersaBank is a Canadian Schedule I chartered bank and states that it is one of the world's first fully digital financial institutions. As of July 31, 2021, VersaBank had $1.8 billion in assets, $1.6 billion in loans, $1.5 billion in deposits, and $202 million in stockholders' equity.</p><p><blockquote>加拿大银行<b>VersaBank</b>(VBNK)计划以2.69亿美元的市值筹集5000万美元。VersaBank是加拿大附表一特许银行，并表示它是世界上首批完全数字化的金融机构之一。截至2021年7月31日，VersaBank拥有18亿美元资产、16亿美元贷款、15亿美元存款和2.02亿美元股东权益。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.renaissancecapital.com/IPO-Center/News/86272/US-IPO-Week-Ahead-Software-consumer-products-and-payment-tech-lead-a-divers\">renaissancecap...</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AKA":"a.k.a. Brands Holding Corp.","THRN":"Thorne Healthtech","STER":"Sterling Check Corp.","HLTH":"Cue Health Inc.","BRLT":"Brilliant Earth Group, Inc.","SOVO":"Sovos Brands, Inc.","FRSH":"Freshworks","RELY":"Remitly Global, Inc.","TOST":"Toast, Inc.","CWAN":"Clearwater Analytics Holdings, Inc.","ARBK":"Argo Blockchain Plc","ESMT":"EngageSmart Inc."},"source_url":"https://www.renaissancecapital.com/IPO-Center/News/86272/US-IPO-Week-Ahead-Software-consumer-products-and-payment-tech-lead-a-divers","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1171558890","content_text":"Summer may be over, but the IPO market is just heating up as 14 IPOs are slated to raise $5.3 billion in the week ahead. The diverse group includes software, consumer products, payment technology, and more.\nThe largest deal of the week,Freshworks(FRSH) plans to raise $855 million at a $9.6 billion market cap. The company’s core product is its customer support software, and it also offers IT service management software and a nascent competitor to CRM solutions. While losses are expected to increase with S&M spending, Freshworks has delivered solid growth and 100%+ net dollar-based revenue retention as of 6/30/21.\nCanadian consumer products company Knowlton Development(KDC) plans to raise $800 million at a $3.1 billion market cap. Over the past three years, Knowlton has been responsible for co-developing 9,000+ products across a variety of categories, and its products are sold by its brand partners in 70+ countries. Despite using offering proceeds to pay down debt, Knowlton will be leveraged post-IPO.\nRestaurant payment processor Toast(TOST) plans to raise $685 million at a $17.9 billion market cap. Toast provides a suite of integrated payment and software solutions that are designed to streamline restaurant operations. The company grew ARR over 100% in the 1H21, though it has historically been unprofitable, and growth could slow as tailwinds from restaurants reopening abate.\nGlobal money transfer firm Remitly Global(RELY) plans to raise $487 million at a $7.5 billion market cap. Remitly provides digital financial services for immigrants and their families in over 135 countries, and it has expanded its core cross-border remittance product to over 1,700 corridors worldwide. The company has demonstrated growth and margin improvement, though it remains unprofitable.\nSoftware firm Clearwater Analytics(CWAN) plans to raise $450 million at a $3.7 billion market cap. Clearwater provides its 1,000+ clients with cloud-native software that allows them to simplify their investment accounting operations, and the company has a 100% recurring revenue model. A new investor and certain existing shareholders intend to purchase $150 million worth of shares in the IPO.\nFood company Sovos Brands(SOVO) plans to raise $350 million at a $1.5 billion market cap. Formed by Advent International, Sovos Brands offers a select group of acquired premium food brands. According to the company, its largest brand of products, Rao's, included the #1 selling SKU in the pasta and pizza sauce category. Profitable with solid growth, Sovos will be leveraged post-IPO.\nCustomer engagement software provider EngageSmart(ESMT) plans to raise $349 million at a $4.1 billion market cap. The company provides software that simplifies online workflows like paperless billing, electronic payment processing, scheduling, and client communication. While growth may slow post-pandemic, EngageSmart has a sticky customer based and a long track record of profitability.\nHiring solutions provider Sterling Check(STER) plans to raise $300 million at a $2.1 billion market cap. Sterling is one of the leading US providers of background checks for corporate and government customers. The company serves more than 50% of the Fortune 100, often with exclusive contracts, though it operates in a highly competitive market.\nJewelry retailer Brilliant Earth Group(BRLT) plans to raise $250 million at a $1.4 billion. Brilliant Earth is a digital-first jewelry company and a global leader in ethically sourced fine jewelry. The company has sold to consumers in all US states and over 50 countries, and has served over 370,000 customers through its e-commerce platform and 13 showrooms.\nOnline fashion platform a.k.a. Brands(AKA) plans to raise $250 million at a $2.3 billion market cap. a.k.a. acquires digitally-focused fashion brands oriented toward millennial and Gen Z consumers, starting with its acquisition of Princess Polly in 2018. The company has successfully expanded Princess Polly and has a long runway to grow its brands in the US, but its M&A strategy carries execution risk.\nCOVID-19 test maker Cue Health(HLTH) plans to raise $200 million at a $2.4 billion market cap. Cue’s first commercially available diagnostic test for use with its Cue Health Monitoring System is its COVID-19 Test Kit, which has been authorized by two EUAs. Cue has five additional Test Kits in late-stage technical development, for which it expects to begin seeking FDA authorization or clearance in the 2H22.\nLondon-listed crypto mining company Argo Blockchain(ARBK) plans to raise $138 million at an $855 million market cap. Argo states that it is a leading blockchain technology company focused on large-scale mining of Bitcoin and other cryptocurrencies. Argo has a fleet of more than 21,000 purpose-built computers (mining machines) and can generate more than 1,075 petahash per second.\nPersonalized supplements seller Thorne Healthtech(THRN) plans to raise $126 million at an $892 million market cap. The company’s vertically integrated brands, Thorne and Onegevity, provide actionable insights and personalized data, products, and services. Profitable with strong growth, Thorne has a base of more than 3 million customers.\nCanadian bank VersaBank(VBNK) plans to raise $50 million at a $269 million market cap. VersaBank is a Canadian Schedule I chartered bank and states that it is one of the world's first fully digital financial institutions. As of July 31, 2021, VersaBank had $1.8 billion in assets, $1.6 billion in loans, $1.5 billion in deposits, and $202 million in stockholders' equity.","news_type":1,"symbols_score_info":{"ARBK":0.9,"TOST":0.9,"BRLT":0.9,"CWAN":0.9,"ESMT":0.9,"RELY":0.9,"SOVO":0.9,"AKA":0.9,"THRN":0.9,"KDC":0.9,"STER":0.9,"FRSH":0.9,"HLTH":0.9}},"isVote":1,"tweetType":1,"viewCount":316,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":607068419,"gmtCreate":1639459430672,"gmtModify":1639459430800,"author":{"id":"3573553598754980","authorId":"3573553598754980","name":"diamondHands","avatar":"https://static.tigerbbs.com/dc04e09561a7a5cf929c1ad9f33b1d82","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573553598754980","authorIdStr":"3573553598754980"},"themes":[],"htmlText":"Like please","listText":"Like please","text":"Like please","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/607068419","repostId":"1119480728","repostType":4,"repost":{"id":"1119480728","kind":"news","pubTimestamp":1639459363,"share":"https://www.laohu8.com/m/news/1119480728?lang=zh_CN&edition=full","pubTime":"2021-12-14 13:22","market":"us","language":"en","title":"Disney: All Subscribers Are Not Created Equal<blockquote>迪士尼：并非所有订阅者生来平等</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1119480728","media":"Seeking Alpha","summary":"Summary\n\nQQQ has easily beaten DIS whereas SPY has done about the same.\nDIS has not fully bounced ba","content":"<p><b>Summary</b></p><p><blockquote><b>总结</b></blockquote></p><p> <ul>  <li>QQQ has easily beaten DIS whereas SPY has done about the same.</li>  <li>DIS has not fully bounced back from 2020 but it's certainly healing.</li>  <li>DIS is far more like NFLX than MSFT or ADBE, despite any discussion or comparisons related to subscriber growth and associated metrics.</li>  <li>DIS has been far less of a growth stock than&nbsp;NFLX, MSFT, and ADBE.</li> </ul> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/db18b8191ffe57bbd7ff43b3b4de329b\" tg-width=\"1536\" tg-height=\"1024\" width=\"100%\" height=\"auto\"><span>Marvin Samuel Tolentino Pineda/iStock Editorial via Getty Images</span></p><p><blockquote><ul><li>QQQ轻松击败了DIS，而SPDR标普500指数ETF也做了同样的事情。</li><li>DIS尚未从2020年完全反弹，但肯定正在愈合。</li><li>尽管存在与用户增长和相关指标相关的任何讨论或比较，但DIS更像NFLX，而不是MSFT或ADBE。</li><li>与NFLX、MSFT和ADBE相比，DIS远不是一只成长型股票。</li></ul><p class=\"t-img-caption\"><span>马文·塞缪尔·托伦蒂诺·皮内达/iStock社论来自Getty Images</span></p></blockquote></p><p> <b>Background</b></p><p><blockquote><b>背景</b></blockquote></p><p> I've owned Disney (DIS) since early 2016. I greatly enjoy DIS products and services. I am reasonably pleased with DIS stock performance.</p><p><blockquote>我自2016年初以来一直拥有迪士尼(DIS)。我非常喜欢DIS的产品和服务。我对DIS股票的表现相当满意。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/58048f15fcf1af89506563ab33f6e301\" tg-width=\"635\" tg-height=\"417\" width=\"100%\" height=\"auto\"><span>Data by YCharts</span></p><p><blockquote><p class=\"t-img-caption\"><span>数据来自YCharts</span></p></blockquote></p><p> 53% gains in 5 years isn't terrible but it's not spectacular either. For added perspective, let's quickly compare DIS with the S&amp;P 500 (SPY) and the Nasdaq 100 (QQQ) over 10 years or so.</p><p><blockquote>5年内53%的涨幅并不可怕，但也不引人注目。为了增加视角，让我们快速将DIS与标普500（SPDR标普500指数ETF）和纳斯达克100（QQQ）进行10年左右的比较。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/de2cb75ad2becfcf9268f372150a7698\" tg-width=\"635\" tg-height=\"450\" width=\"100%\" height=\"auto\"><span>Data by YCharts</span></p><p><blockquote><p class=\"t-img-caption\"><span>数据来自YCharts</span></p></blockquote></p><p> As you can see, I zoomed out for a bigger picture view of things. Clearly, QQQ has crushed DIS. Over the same time, DIS has done about as well as SPY. It's clear the 2020 was rough on the price of DIS stock. However, it was also an incredible pivot opportunity for the business with Disney Plus, the streaming home of Disney, Pixar, Marvel, Star Wars, National Geographic, and way more.</p><p><blockquote>如你所见，我缩小了以获得更大的图片视图。显然，QQQ已经碾压了DIS。与此同时，DIS的表现与SPDR标普500指数ETF不相上下。很明显，2020年对DIS股票的价格来说是艰难的。然而，这也是Disney Plus业务的一个令人难以置信的关键机会，Disney Plus是迪士尼、皮克斯、漫威、星球大战、国家地理等的流媒体之家。</blockquote></p><p> <b>Business Model Update</b></p><p><blockquote><b>商业模式更新</b></blockquote></p><p> It's clear that DIS has been incredibly focused on subscribers for Disney Plus. Here's a quick peek, from the&nbsp;Q4 2021 Earnings Call:</p><p><blockquote>很明显，DIS非常关注Disney Plus的订户。以下是2021年第四季度收益看涨期权的快速浏览：</blockquote></p><p>   On the Direct-to-Consumer side, we are extremely pleased with the success of our portfolio streaming services. Disney+, ESPN+ and Hulu continue to perform incredibly well with a 118.1 million, 17.1 million, and 43.8 million subscribers, respectively, for a total of a 179 million subscriptions. To put this growth in perspective, in the past fiscal year alone, we have grown the total number of subscriptions across our DTC portfolio by 48%, and Disney+ subs in particular by 60%.  Now, here's the good news and bad news. DIS leadership is planning to reach 230 million to 260 million paid subscribers globally by the end of fiscal year 2024. Obviously, that's phenomenal growth and investors should cheer. However, the dark side is that this growth isn't free.<b>DIS doesn't expect their portfolio of streaming services to reach profitability until 2024.</b>Ouch.</p><p><blockquote>在直接面向消费者方面，我们对我们组合流媒体服务的成功感到非常高兴。Disney+、ESPN+和Hulu继续表现出色，分别拥有1.181亿、1710万和4380万订阅用户，订阅总数为1.79亿。从这个角度来看，仅在上一财年，我们的DTC产品组合的订阅总数就增长了48%，尤其是Disney+订阅增长了60%。现在，这是好消息和坏消息。DIS领导层计划到2024财年末，全球付费用户数量达到2.3亿至2.6亿。显然，这是惊人的增长，投资者应该欢呼。然而，阴暗面是这种增长不是免费的。<b>DIS预计他们的流媒体服务组合要到2024年才能实现盈利。</b>哎哟。</blockquote></p><p> The key point is that DIS is not simply bolting on Disney Plus, ESPN Plus, Hulu and so on, and adding profits to the bottom line. Instead, getting to this current level of subscribers has been chewing up time and resources. And, it'll be nasty for years. The investment will drain resources. More about this later.</p><p><blockquote>关键是，DIS并不是简单地抢占Disney Plus、ESPN Plus、Hulu等，为底线增加利润。相反，达到目前的用户水平一直在消耗时间和资源。而且，这将会持续很多年。这项投资会耗尽资源。稍后会详细介绍。</blockquote></p><p> Of course, very long term investors can cheer. DIS literally has the best intellectual media assets in the world. Really, there isn't any company even close. The library is amazing, huge, and growing.See for yourself.</p><p><blockquote>当然，长期投资者可以欢呼。DIS拥有世界上最好的知识媒体资产。真的，附近没有任何公司。这个图书馆很棒，很大，而且还在增长。你自己看吧。</blockquote></p><p> As a quick aside, most people, and most analysts expected a bigger \"snap back\" from 2020, especially in relation to park visits and related activity. For example, here's what we learned about&nbsp;attendance in August 2021:</p><p><blockquote>顺便说一句，大多数人和大多数分析师预计2020年将出现更大的“snap回归”，特别是在公园参观和相关活动方面。例如，以下是我们了解到的2021年8月的出勤情况：</blockquote></p><p>   Disney world does not share its actual capacity nor the number of attendees they get daily. But as stated above, the estimated number of average daily attendees was 57,000 before the pandemic started. So, at present, it might be welcoming a maximum of 35,000 guests daily&nbsp;  <b>running with a 35% capacity</b>. [Emphasis: Author]  Big picture, I'm not too worried about the parks and related real-world experiences offered by DIS. It might take longer to get running at full steam, but DIS can do it. I'm a bit more concerned that investors are expecting too much from DIS streaming services, without fully considering the costs. This is especially true for short term investors and speculators.</p><p><blockquote>迪士尼世界不分享它的实际容量，也不分享他们每天的与会者人数。但如上所述，在疫情开始之前，估计日均出席人数为57,000人。因此，目前，它可能每天最多接待35,000名客人<b>以35%的容量运行</b>.[强调：作者]总的来说，我不太担心DIS提供的公园和相关的现实世界体验。全速运行可能需要更长的时间，但DIS可以做到。我更担心的是，投资者对DIS流媒体服务期望过高，而没有充分考虑成本。对于短期投资者和投机者来说尤其如此。</blockquote></p><p> <b>Disney Is Not Microsoft or Adobe</b></p><p><blockquote><b>迪斯尼不是微软或Adobe</b></blockquote></p><p> Analysts like to compare DIS to enterprise software companies,<i>as if all subscribers are created equal</i>. Let's consider two incredible businesses. Both Microsoft (MSFT) and Adobe (ADBE) have done exceptionally well in recent years, compared to DIS.</p><p><blockquote>分析师喜欢将DIS比作企业软件公司，<i>好像所有订户都是平等的</i>.让我们考虑两个令人难以置信的业务。与DIS相比，微软(MSFT)和Adobe(ADBE)近年来的表现都非常出色。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/247db57795d4cce4d0d919346b84c7f2\" tg-width=\"635\" tg-height=\"450\" width=\"100%\" height=\"auto\"><span>Data by YCharts</span></p><p><blockquote><p class=\"t-img-caption\"><span>数据来自YCharts</span></p></blockquote></p><p> Clearly, MSFT and ADBE have trounced DIS. In part, here's why:</p><p><blockquote>显然，MSFT和ADBE已经击败了DIS。部分原因如下：</blockquote></p><p></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/f90248d3aef70628dea5b4029b79b516\" tg-width=\"635\" tg-height=\"450\" width=\"100%\" height=\"auto\"><span>Data by YCharts</span></p><p><blockquote><p class=\"t-img-caption\"><span>数据来自YCharts</span></p></blockquote></p><p> P/S for both MSFT and ADBE has roughly doubled. At a high level, prices are moving up faster than revenue generated for MSFT and ADBE. Meanwhile, investors place less value on DIS revenue. DIS has pretty much moved sideways.</p><p><blockquote>MSFT和ADBE的市盈率都大约翻了一番。在高水平上，价格的上涨速度快于MSFT和ADBE产生的收入。与此同时，投资者对DIS收入的重视程度较低。DIS几乎已经横向移动。</blockquote></p><p> Let's talk some real numbers. MSFT has grown earnings by 17% per year over the last 10 years. In 2015, EPS was $2.63 and in 2021 it's about $8. ADBE has grown earnings by about 29% per year over the last 10 years. In 2015, EPS was $2.08 and it's expected to hit a staggering $12.46 this year. Meanwhile, here's how DIS looks:</p><p><blockquote>我们来谈谈一些真实的数字。过去10年，MSFT的盈利每年增长17%。2015年，每股收益为2.63美元，2021年约为8美元。过去10年，ADBE的盈利每年增长约29%。2015年，每股收益为2.08美元，预计今年将达到惊人的12.46美元。同时，DIS的外观如下：</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/cbb56eaa4d09a70ca4f320a0e111896b\" tg-width=\"640\" tg-height=\"366\" width=\"100%\" height=\"auto\"><span>Source: FASTgraphs</span></p><p><blockquote><p class=\"t-img-caption\"><span>资料来源：FASTgraphs</span></p></blockquote></p><p> EPS might get back to 2015 levels in 2023. The dividend was killed off. DIS share price is dramatically higher, even now, compared to earnings. There's a lot of pain in this chart.</p><p><blockquote>每股收益可能会在2023年恢复到2015年的水平。股息被取消了。即使是现在，与盈利相比，DIS的股价也要高得多。这张图表里有很多痛苦。</blockquote></p><p> All if this isn't to bash DIS or to imply that the products or business is terrible. The DIS brand is pristine. Leadership is strong. The company isn't going to suddenly fall off the face of the Earth.<i>The business is amazing</i>.</p><p><blockquote>如果这不是为了抨击DIS或暗示产品或业务很糟糕的话。DIS品牌是原始的。领导力强。该公司不会突然从地球上消失。<i>生意很惊人</i>.</blockquote></p><p> <b>All Subscribers Are Not Created Equal</b></p><p><blockquote><b>并非所有订户都是平等的</b></blockquote></p><p> I'm not too keen to do this, but here's Netflix (NFLX) versus DIS.</p><p><blockquote>我不太热衷于这样做，但这是Netflix(NFLX)与DIS的对比。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/55b99727d2cfebd285167f115f4387ae\" tg-width=\"635\" tg-height=\"433\" width=\"100%\" height=\"auto\"><span>Data by YCharts</span></p><p><blockquote><p class=\"t-img-caption\"><span>数据来自YCharts</span></p></blockquote></p><p> The only point I want to make is that NFLX shareholders have done far better than DIS shareholders. And, for a different perspective, here's how $10K would have done over the last five years.</p><p><blockquote>我唯一想说的是，NFLX股东的表现远远好于DIS股东。从不同的角度来看，以下是1万美元在过去五年中的表现。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/4539b42cb1304e691ad2b38dbcbf4c2d\" tg-width=\"635\" tg-height=\"467\" width=\"100%\" height=\"auto\"><span>Data by YCharts</span></p><p><blockquote><p class=\"t-img-caption\"><span>数据来自YCharts</span></p></blockquote></p><p> It's very hard for me to say that DIS is \"on sale\" when I look at the relatively flat performance over the last five years. While I think of DIS as a growth stock,<i>it's less of a growth stock</i>&nbsp;than NFLX, MSFT, and ADBE.</p><p><blockquote>当我看到过去五年相对平淡的表现时，我很难说DIS正在“打折”。虽然我认为DIS是一只成长型股票，<i>它不是成长型股票</i>比NFLX、MSFT和ADBE。</blockquote></p><p> In large part, I believe this is all about our definition of subscribers. I'll come back to that in a second. First, feast your eyes on this:</p><p><blockquote>在很大程度上，我相信这就是我们对订户的定义。我一会儿会回到这个话题。首先，大饱眼福：</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/3dfdf6d35c4eba3617e6fec280f09282\" tg-width=\"635\" tg-height=\"467\" width=\"100%\" height=\"auto\"><span>Data by YCharts</span></p><p><blockquote><p class=\"t-img-caption\"><span>数据来自YCharts</span></p></blockquote></p><p> What you're seeing is profit margin for DIS, NFLX, MSFT and ADBE. Quite frankly, this paints a damning picture of DIS, especially since 2020. What's most impressive, on the other hand, is how MSFT and ADBE have had has consistently high and growing profit margins. I've got to say, I'm actually a bit surprised that NFLX just keeps getting stronger and stronger in this department as well.</p><p><blockquote>您看到的是DIS、NFLX、MSFT和ADBE的利润率。坦率地说，这为DIS描绘了一幅糟糕的画面，尤其是自2020年以来。另一方面，最令人印象深刻的是MSFT和ADBE的利润率一直很高且不断增长。我不得不说，我实际上有点惊讶NFLX在这个部门也变得越来越强大。</blockquote></p><p> By the way, as a sidebar, it's easy to complain about the NFLX P/E ratio. It's over 50 right now. But, at the same time, DIS is at 37, MSFT is at 37, and ADBE is at 52. In that respect, they are all quite overvalued.</p><p><blockquote>顺便说一句，作为侧边栏，很容易抱怨NFLX市盈率。现在已经50多了。但与此同时，DIS为37，MSFT为37，ADBE为52。在这方面，它们都被高估了。</blockquote></p><p> <b>Wrap Up</b></p><p><blockquote><b>总结</b></blockquote></p><p> Now, here are my biggest points. NFLX has spent more than DIS on content and also has first mover advantage, loyalty and entrenchment. Many people have both NFLX and DIS, so I see less of a \"war\" than most people. Furthermore, it appears that NFLX has done an outstanding operational job, and their capital allocation has been strong. It's hard to look at this chart and dismiss NFLX. Clearly, it's a well-run company.</p><p><blockquote>现在，以下是我最大的观点。NFLX在内容上的支出超过了DIS，并且还拥有先发优势、忠诚度和巩固地位。很多人都有NFLX和DIS，所以我比大多数人看到的“战争”更少。此外，NFLX的运营工作似乎非常出色，他们的资本配置也很强劲。看着这张图表，很难忽视NFLX。显然，这是一家运营良好的公司。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/37c9d98acfdd8206fa2c0323144db713\" tg-width=\"635\" tg-height=\"450\" width=\"100%\" height=\"auto\"><span>Data by YCharts</span></p><p><blockquote><p class=\"t-img-caption\"><span>数据来自YCharts</span></p></blockquote></p><p> This next chart is extremely noisy, but you can scroll down and see the truth with your own two eyes. DIS has rather poor ROE, ROA and ROIC compared to NFLX, MSFT and ADBE.</p><p><blockquote>下一张图表非常嘈杂，但你可以向下滚动，用你自己的两只眼睛看到真相。与NFLX、MSFT和ADBE相比，DIS的ROE、ROA和ROIC相当差。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/e5aaf232d38eaceea4d9621f81a7a92f\" tg-width=\"635\" tg-height=\"603\" width=\"100%\" height=\"auto\"><span>Data by YCharts</span></p><p><blockquote><p class=\"t-img-caption\"><span>数据来自YCharts</span></p></blockquote></p><p> To be fair, DIS was doing a pretty good job through early 2019. However, very importantly,<i>the drops appear to have started before 2020</i>. We cannot blame the pandemic for the decline in ROE, ROA and ROIC.</p><p><blockquote>公平地说，DIS在2019年初做得相当不错。然而，非常重要的是，<i>下降似乎在2020年之前就开始了</i>我们不能将ROE、ROA和ROIC的下降归咎于疫情。</blockquote></p><p> To be clear,DIS is going to be going gangbusters on content.</p><p><blockquote>需要明确的是，DIS将在内容上大放异彩。</blockquote></p><p>   Disney plans to increase its overall content spend to around $33bn in 2022, marking an $8bn rise from the previous year.  Furthermore, the idea is that DIS will be&nbsp;rapidly growing the subscriber base.</p><p><blockquote>迪士尼计划在2022年将其整体内容支出增加至330亿美元左右，比上一年增加80亿美元。此外，这个想法是DIS将迅速扩大用户群。</blockquote></p><p></p><p>   Disney+ is expected to add 140 million subscribers between 2021 and 2026 to take its total to 271 million. Netflix, meanwhile, will add 53 million subscribers through the same period, taking it to a 2026 total of 275 million.  In short, DIS isn't about to be left in the dust by NFLX. Something like 60 unscripted series, 30 comedy series and 25 drama shows will be produced. There's really too much to list here. Money is being put to work by DIS.</p><p><blockquote>Disney+预计在2021年至2026年间将增加1.4亿订阅用户，使其总数达到2.71亿。与此同时，Netflix同期将增加5300万订阅用户，使其到2026年订阅用户总数达到2.75亿。简而言之，DIS不会被NFLX远远甩在身后。大约60部无剧本系列、30部喜剧系列和25部戏剧将被制作出来。这里真的有太多了，无法一一列举。DIS正在投入资金。</blockquote></p><p> Now, shifting gears, I have to say that both MSFT and ADBE have dramatically different types of subscribers. DIS and NFLX satisfy entertainment desires. These are wants,<i>not needs</i>.</p><p><blockquote>现在，换个角度，我不得不说MSFT和ADBE的订户类型截然不同。DIS和NFLX满足娱乐欲望。这些都是需求，<i>不需要</i>.</blockquote></p><p> Here's a good way to&nbsp;think about MSFT and ADBE:</p><p><blockquote>以下是思考MSFT和ADBE的好方法：</blockquote></p><p>   Both companies armed businesses big and small with the tools needed to stay in business since the pandemic. As the world moved to virtual work and school, PDFs with virtual signatures and Word docs with important information became standard.  In other words, MSFT and ADBE subscribers aren't \"addicted\" to the software, as much as they are<i>required to use it to do work</i>. When your job is on the line, you've got to be using industry standard tools. Furthermore, both NFLX and DIS are B2C whereas MSFT and ADBE are B2B. It's almost impossible to compare these companies, in terms of subscribers. Sure, we can discuss subscriber counts, subscriber growth, and so forth. But, MSFT and ADBE provide software to companies, and users must use those tools. They are sticky out of necessity, not mere desire. Therefore, let's all be very careful about how we think about DIS, and how we make comparisons.</p><p><blockquote>自大流行以来，两家公司都为大大小小的企业提供了维持业务所需的工具。随着世界转向虚拟工作和学校，带有虚拟签名的PDF和包含重要信息的Word文档成为标准。换句话说，MSFT和ADBE的用户并不像他们那样对软件“上瘾”<i>需要用它来做工作</i>.当你的工作岌岌可危时，你必须使用行业标准的工具。此外，NFLX和DIS都是B2C，而MSFT和ADBE是B2B。就订户而言，几乎不可能比较这些公司。当然，我们可以讨论用户数量、用户增长等等。但是，MSFT和ADBE向公司提供软件，用户必须使用这些工具。它们粘在一起是出于需要，而不仅仅是欲望。因此，让我们都非常小心我们如何看待DIS，以及我们如何进行比较。</blockquote></p><p> Putting all of this together, I still believe that DIS is a wonderful business. However, I would be cautious about adding a ton, especially if that decision is based on dazzling subscriber growth, or incredible content development. At this point, I see DIS as a reasonable hold.</p><p><blockquote>综上所述，我仍然相信DIS是一项出色的业务。然而，我会对增加一吨持谨慎态度，特别是如果这个决定是基于令人眼花缭乱的订户增长或令人难以置信的内容开发。在这一点上，我认为DIS是合理的持有。</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>Disney: All Subscribers Are Not Created Equal<blockquote>迪士尼：并非所有订阅者生来平等</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\">\nDisney: All Subscribers Are Not Created Equal<blockquote>迪士尼：并非所有订阅者生来平等</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Seeking Alpha</strong><span class=\"h-time small\">2021-12-14 13:22</span>\n</p>\n</h4>\n</header>\n<article>\n<p><b>Summary</b></p><p><blockquote><b>总结</b></blockquote></p><p> <ul>  <li>QQQ has easily beaten DIS whereas SPY has done about the same.</li>  <li>DIS has not fully bounced back from 2020 but it's certainly healing.</li>  <li>DIS is far more like NFLX than MSFT or ADBE, despite any discussion or comparisons related to subscriber growth and associated metrics.</li>  <li>DIS has been far less of a growth stock than&nbsp;NFLX, MSFT, and ADBE.</li> </ul> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/db18b8191ffe57bbd7ff43b3b4de329b\" tg-width=\"1536\" tg-height=\"1024\" width=\"100%\" height=\"auto\"><span>Marvin Samuel Tolentino Pineda/iStock Editorial via Getty Images</span></p><p><blockquote><ul><li>QQQ轻松击败了DIS，而SPDR标普500指数ETF也做了同样的事情。</li><li>DIS尚未从2020年完全反弹，但肯定正在愈合。</li><li>尽管存在与用户增长和相关指标相关的任何讨论或比较，但DIS更像NFLX，而不是MSFT或ADBE。</li><li>与NFLX、MSFT和ADBE相比，DIS远不是一只成长型股票。</li></ul><p class=\"t-img-caption\"><span>马文·塞缪尔·托伦蒂诺·皮内达/iStock社论来自Getty Images</span></p></blockquote></p><p> <b>Background</b></p><p><blockquote><b>背景</b></blockquote></p><p> I've owned Disney (DIS) since early 2016. I greatly enjoy DIS products and services. I am reasonably pleased with DIS stock performance.</p><p><blockquote>我自2016年初以来一直拥有迪士尼(DIS)。我非常喜欢DIS的产品和服务。我对DIS股票的表现相当满意。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/58048f15fcf1af89506563ab33f6e301\" tg-width=\"635\" tg-height=\"417\" width=\"100%\" height=\"auto\"><span>Data by YCharts</span></p><p><blockquote><p class=\"t-img-caption\"><span>数据来自YCharts</span></p></blockquote></p><p> 53% gains in 5 years isn't terrible but it's not spectacular either. For added perspective, let's quickly compare DIS with the S&amp;P 500 (SPY) and the Nasdaq 100 (QQQ) over 10 years or so.</p><p><blockquote>5年内53%的涨幅并不可怕，但也不引人注目。为了增加视角，让我们快速将DIS与标普500（SPDR标普500指数ETF）和纳斯达克100（QQQ）进行10年左右的比较。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/de2cb75ad2becfcf9268f372150a7698\" tg-width=\"635\" tg-height=\"450\" width=\"100%\" height=\"auto\"><span>Data by YCharts</span></p><p><blockquote><p class=\"t-img-caption\"><span>数据来自YCharts</span></p></blockquote></p><p> As you can see, I zoomed out for a bigger picture view of things. Clearly, QQQ has crushed DIS. Over the same time, DIS has done about as well as SPY. It's clear the 2020 was rough on the price of DIS stock. However, it was also an incredible pivot opportunity for the business with Disney Plus, the streaming home of Disney, Pixar, Marvel, Star Wars, National Geographic, and way more.</p><p><blockquote>如你所见，我缩小了以获得更大的图片视图。显然，QQQ已经碾压了DIS。与此同时，DIS的表现与SPDR标普500指数ETF不相上下。很明显，2020年对DIS股票的价格来说是艰难的。然而，这也是Disney Plus业务的一个令人难以置信的关键机会，Disney Plus是迪士尼、皮克斯、漫威、星球大战、国家地理等的流媒体之家。</blockquote></p><p> <b>Business Model Update</b></p><p><blockquote><b>商业模式更新</b></blockquote></p><p> It's clear that DIS has been incredibly focused on subscribers for Disney Plus. Here's a quick peek, from the&nbsp;Q4 2021 Earnings Call:</p><p><blockquote>很明显，DIS非常关注Disney Plus的订户。以下是2021年第四季度收益看涨期权的快速浏览：</blockquote></p><p>   On the Direct-to-Consumer side, we are extremely pleased with the success of our portfolio streaming services. Disney+, ESPN+ and Hulu continue to perform incredibly well with a 118.1 million, 17.1 million, and 43.8 million subscribers, respectively, for a total of a 179 million subscriptions. To put this growth in perspective, in the past fiscal year alone, we have grown the total number of subscriptions across our DTC portfolio by 48%, and Disney+ subs in particular by 60%.  Now, here's the good news and bad news. DIS leadership is planning to reach 230 million to 260 million paid subscribers globally by the end of fiscal year 2024. Obviously, that's phenomenal growth and investors should cheer. However, the dark side is that this growth isn't free.<b>DIS doesn't expect their portfolio of streaming services to reach profitability until 2024.</b>Ouch.</p><p><blockquote>在直接面向消费者方面，我们对我们组合流媒体服务的成功感到非常高兴。Disney+、ESPN+和Hulu继续表现出色，分别拥有1.181亿、1710万和4380万订阅用户，订阅总数为1.79亿。从这个角度来看，仅在上一财年，我们的DTC产品组合的订阅总数就增长了48%，尤其是Disney+订阅增长了60%。现在，这是好消息和坏消息。DIS领导层计划到2024财年末，全球付费用户数量达到2.3亿至2.6亿。显然，这是惊人的增长，投资者应该欢呼。然而，阴暗面是这种增长不是免费的。<b>DIS预计他们的流媒体服务组合要到2024年才能实现盈利。</b>哎哟。</blockquote></p><p> The key point is that DIS is not simply bolting on Disney Plus, ESPN Plus, Hulu and so on, and adding profits to the bottom line. Instead, getting to this current level of subscribers has been chewing up time and resources. And, it'll be nasty for years. The investment will drain resources. More about this later.</p><p><blockquote>关键是，DIS并不是简单地抢占Disney Plus、ESPN Plus、Hulu等，为底线增加利润。相反，达到目前的用户水平一直在消耗时间和资源。而且，这将会持续很多年。这项投资会耗尽资源。稍后会详细介绍。</blockquote></p><p> Of course, very long term investors can cheer. DIS literally has the best intellectual media assets in the world. Really, there isn't any company even close. The library is amazing, huge, and growing.See for yourself.</p><p><blockquote>当然，长期投资者可以欢呼。DIS拥有世界上最好的知识媒体资产。真的，附近没有任何公司。这个图书馆很棒，很大，而且还在增长。你自己看吧。</blockquote></p><p> As a quick aside, most people, and most analysts expected a bigger \"snap back\" from 2020, especially in relation to park visits and related activity. For example, here's what we learned about&nbsp;attendance in August 2021:</p><p><blockquote>顺便说一句，大多数人和大多数分析师预计2020年将出现更大的“snap回归”，特别是在公园参观和相关活动方面。例如，以下是我们了解到的2021年8月的出勤情况：</blockquote></p><p>   Disney world does not share its actual capacity nor the number of attendees they get daily. But as stated above, the estimated number of average daily attendees was 57,000 before the pandemic started. So, at present, it might be welcoming a maximum of 35,000 guests daily&nbsp;  <b>running with a 35% capacity</b>. [Emphasis: Author]  Big picture, I'm not too worried about the parks and related real-world experiences offered by DIS. It might take longer to get running at full steam, but DIS can do it. I'm a bit more concerned that investors are expecting too much from DIS streaming services, without fully considering the costs. This is especially true for short term investors and speculators.</p><p><blockquote>迪士尼世界不分享它的实际容量，也不分享他们每天的与会者人数。但如上所述，在疫情开始之前，估计日均出席人数为57,000人。因此，目前，它可能每天最多接待35,000名客人<b>以35%的容量运行</b>.[强调：作者]总的来说，我不太担心DIS提供的公园和相关的现实世界体验。全速运行可能需要更长的时间，但DIS可以做到。我更担心的是，投资者对DIS流媒体服务期望过高，而没有充分考虑成本。对于短期投资者和投机者来说尤其如此。</blockquote></p><p> <b>Disney Is Not Microsoft or Adobe</b></p><p><blockquote><b>迪斯尼不是微软或Adobe</b></blockquote></p><p> Analysts like to compare DIS to enterprise software companies,<i>as if all subscribers are created equal</i>. Let's consider two incredible businesses. Both Microsoft (MSFT) and Adobe (ADBE) have done exceptionally well in recent years, compared to DIS.</p><p><blockquote>分析师喜欢将DIS比作企业软件公司，<i>好像所有订户都是平等的</i>.让我们考虑两个令人难以置信的业务。与DIS相比，微软(MSFT)和Adobe(ADBE)近年来的表现都非常出色。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/247db57795d4cce4d0d919346b84c7f2\" tg-width=\"635\" tg-height=\"450\" width=\"100%\" height=\"auto\"><span>Data by YCharts</span></p><p><blockquote><p class=\"t-img-caption\"><span>数据来自YCharts</span></p></blockquote></p><p> Clearly, MSFT and ADBE have trounced DIS. In part, here's why:</p><p><blockquote>显然，MSFT和ADBE已经击败了DIS。部分原因如下：</blockquote></p><p></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/f90248d3aef70628dea5b4029b79b516\" tg-width=\"635\" tg-height=\"450\" width=\"100%\" height=\"auto\"><span>Data by YCharts</span></p><p><blockquote><p class=\"t-img-caption\"><span>数据来自YCharts</span></p></blockquote></p><p> P/S for both MSFT and ADBE has roughly doubled. At a high level, prices are moving up faster than revenue generated for MSFT and ADBE. Meanwhile, investors place less value on DIS revenue. DIS has pretty much moved sideways.</p><p><blockquote>MSFT和ADBE的市盈率都大约翻了一番。在高水平上，价格的上涨速度快于MSFT和ADBE产生的收入。与此同时，投资者对DIS收入的重视程度较低。DIS几乎已经横向移动。</blockquote></p><p> Let's talk some real numbers. MSFT has grown earnings by 17% per year over the last 10 years. In 2015, EPS was $2.63 and in 2021 it's about $8. ADBE has grown earnings by about 29% per year over the last 10 years. In 2015, EPS was $2.08 and it's expected to hit a staggering $12.46 this year. Meanwhile, here's how DIS looks:</p><p><blockquote>我们来谈谈一些真实的数字。过去10年，MSFT的盈利每年增长17%。2015年，每股收益为2.63美元，2021年约为8美元。过去10年，ADBE的盈利每年增长约29%。2015年，每股收益为2.08美元，预计今年将达到惊人的12.46美元。同时，DIS的外观如下：</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/cbb56eaa4d09a70ca4f320a0e111896b\" tg-width=\"640\" tg-height=\"366\" width=\"100%\" height=\"auto\"><span>Source: FASTgraphs</span></p><p><blockquote><p class=\"t-img-caption\"><span>资料来源：FASTgraphs</span></p></blockquote></p><p> EPS might get back to 2015 levels in 2023. The dividend was killed off. DIS share price is dramatically higher, even now, compared to earnings. There's a lot of pain in this chart.</p><p><blockquote>每股收益可能会在2023年恢复到2015年的水平。股息被取消了。即使是现在，与盈利相比，DIS的股价也要高得多。这张图表里有很多痛苦。</blockquote></p><p> All if this isn't to bash DIS or to imply that the products or business is terrible. The DIS brand is pristine. Leadership is strong. The company isn't going to suddenly fall off the face of the Earth.<i>The business is amazing</i>.</p><p><blockquote>如果这不是为了抨击DIS或暗示产品或业务很糟糕的话。DIS品牌是原始的。领导力强。该公司不会突然从地球上消失。<i>生意很惊人</i>.</blockquote></p><p> <b>All Subscribers Are Not Created Equal</b></p><p><blockquote><b>并非所有订户都是平等的</b></blockquote></p><p> I'm not too keen to do this, but here's Netflix (NFLX) versus DIS.</p><p><blockquote>我不太热衷于这样做，但这是Netflix(NFLX)与DIS的对比。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/55b99727d2cfebd285167f115f4387ae\" tg-width=\"635\" tg-height=\"433\" width=\"100%\" height=\"auto\"><span>Data by YCharts</span></p><p><blockquote><p class=\"t-img-caption\"><span>数据来自YCharts</span></p></blockquote></p><p> The only point I want to make is that NFLX shareholders have done far better than DIS shareholders. And, for a different perspective, here's how $10K would have done over the last five years.</p><p><blockquote>我唯一想说的是，NFLX股东的表现远远好于DIS股东。从不同的角度来看，以下是1万美元在过去五年中的表现。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/4539b42cb1304e691ad2b38dbcbf4c2d\" tg-width=\"635\" tg-height=\"467\" width=\"100%\" height=\"auto\"><span>Data by YCharts</span></p><p><blockquote><p class=\"t-img-caption\"><span>数据来自YCharts</span></p></blockquote></p><p> It's very hard for me to say that DIS is \"on sale\" when I look at the relatively flat performance over the last five years. While I think of DIS as a growth stock,<i>it's less of a growth stock</i>&nbsp;than NFLX, MSFT, and ADBE.</p><p><blockquote>当我看到过去五年相对平淡的表现时，我很难说DIS正在“打折”。虽然我认为DIS是一只成长型股票，<i>它不是成长型股票</i>比NFLX、MSFT和ADBE。</blockquote></p><p> In large part, I believe this is all about our definition of subscribers. I'll come back to that in a second. First, feast your eyes on this:</p><p><blockquote>在很大程度上，我相信这就是我们对订户的定义。我一会儿会回到这个话题。首先，大饱眼福：</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/3dfdf6d35c4eba3617e6fec280f09282\" tg-width=\"635\" tg-height=\"467\" width=\"100%\" height=\"auto\"><span>Data by YCharts</span></p><p><blockquote><p class=\"t-img-caption\"><span>数据来自YCharts</span></p></blockquote></p><p> What you're seeing is profit margin for DIS, NFLX, MSFT and ADBE. Quite frankly, this paints a damning picture of DIS, especially since 2020. What's most impressive, on the other hand, is how MSFT and ADBE have had has consistently high and growing profit margins. I've got to say, I'm actually a bit surprised that NFLX just keeps getting stronger and stronger in this department as well.</p><p><blockquote>您看到的是DIS、NFLX、MSFT和ADBE的利润率。坦率地说，这为DIS描绘了一幅糟糕的画面，尤其是自2020年以来。另一方面，最令人印象深刻的是MSFT和ADBE的利润率一直很高且不断增长。我不得不说，我实际上有点惊讶NFLX在这个部门也变得越来越强大。</blockquote></p><p> By the way, as a sidebar, it's easy to complain about the NFLX P/E ratio. It's over 50 right now. But, at the same time, DIS is at 37, MSFT is at 37, and ADBE is at 52. In that respect, they are all quite overvalued.</p><p><blockquote>顺便说一句，作为侧边栏，很容易抱怨NFLX市盈率。现在已经50多了。但与此同时，DIS为37，MSFT为37，ADBE为52。在这方面，它们都被高估了。</blockquote></p><p> <b>Wrap Up</b></p><p><blockquote><b>总结</b></blockquote></p><p> Now, here are my biggest points. NFLX has spent more than DIS on content and also has first mover advantage, loyalty and entrenchment. Many people have both NFLX and DIS, so I see less of a \"war\" than most people. Furthermore, it appears that NFLX has done an outstanding operational job, and their capital allocation has been strong. It's hard to look at this chart and dismiss NFLX. Clearly, it's a well-run company.</p><p><blockquote>现在，以下是我最大的观点。NFLX在内容上的支出超过了DIS，并且还拥有先发优势、忠诚度和巩固地位。很多人都有NFLX和DIS，所以我比大多数人看到的“战争”更少。此外，NFLX的运营工作似乎非常出色，他们的资本配置也很强劲。看着这张图表，很难忽视NFLX。显然，这是一家运营良好的公司。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/37c9d98acfdd8206fa2c0323144db713\" tg-width=\"635\" tg-height=\"450\" width=\"100%\" height=\"auto\"><span>Data by YCharts</span></p><p><blockquote><p class=\"t-img-caption\"><span>数据来自YCharts</span></p></blockquote></p><p> This next chart is extremely noisy, but you can scroll down and see the truth with your own two eyes. DIS has rather poor ROE, ROA and ROIC compared to NFLX, MSFT and ADBE.</p><p><blockquote>下一张图表非常嘈杂，但你可以向下滚动，用你自己的两只眼睛看到真相。与NFLX、MSFT和ADBE相比，DIS的ROE、ROA和ROIC相当差。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/e5aaf232d38eaceea4d9621f81a7a92f\" tg-width=\"635\" tg-height=\"603\" width=\"100%\" height=\"auto\"><span>Data by YCharts</span></p><p><blockquote><p class=\"t-img-caption\"><span>数据来自YCharts</span></p></blockquote></p><p> To be fair, DIS was doing a pretty good job through early 2019. However, very importantly,<i>the drops appear to have started before 2020</i>. We cannot blame the pandemic for the decline in ROE, ROA and ROIC.</p><p><blockquote>公平地说，DIS在2019年初做得相当不错。然而，非常重要的是，<i>下降似乎在2020年之前就开始了</i>我们不能将ROE、ROA和ROIC的下降归咎于疫情。</blockquote></p><p> To be clear,DIS is going to be going gangbusters on content.</p><p><blockquote>需要明确的是，DIS将在内容上大放异彩。</blockquote></p><p>   Disney plans to increase its overall content spend to around $33bn in 2022, marking an $8bn rise from the previous year.  Furthermore, the idea is that DIS will be&nbsp;rapidly growing the subscriber base.</p><p><blockquote>迪士尼计划在2022年将其整体内容支出增加至330亿美元左右，比上一年增加80亿美元。此外，这个想法是DIS将迅速扩大用户群。</blockquote></p><p></p><p>   Disney+ is expected to add 140 million subscribers between 2021 and 2026 to take its total to 271 million. Netflix, meanwhile, will add 53 million subscribers through the same period, taking it to a 2026 total of 275 million.  In short, DIS isn't about to be left in the dust by NFLX. Something like 60 unscripted series, 30 comedy series and 25 drama shows will be produced. There's really too much to list here. Money is being put to work by DIS.</p><p><blockquote>Disney+预计在2021年至2026年间将增加1.4亿订阅用户，使其总数达到2.71亿。与此同时，Netflix同期将增加5300万订阅用户，使其到2026年订阅用户总数达到2.75亿。简而言之，DIS不会被NFLX远远甩在身后。大约60部无剧本系列、30部喜剧系列和25部戏剧将被制作出来。这里真的有太多了，无法一一列举。DIS正在投入资金。</blockquote></p><p> Now, shifting gears, I have to say that both MSFT and ADBE have dramatically different types of subscribers. DIS and NFLX satisfy entertainment desires. These are wants,<i>not needs</i>.</p><p><blockquote>现在，换个角度，我不得不说MSFT和ADBE的订户类型截然不同。DIS和NFLX满足娱乐欲望。这些都是需求，<i>不需要</i>.</blockquote></p><p> Here's a good way to&nbsp;think about MSFT and ADBE:</p><p><blockquote>以下是思考MSFT和ADBE的好方法：</blockquote></p><p>   Both companies armed businesses big and small with the tools needed to stay in business since the pandemic. As the world moved to virtual work and school, PDFs with virtual signatures and Word docs with important information became standard.  In other words, MSFT and ADBE subscribers aren't \"addicted\" to the software, as much as they are<i>required to use it to do work</i>. When your job is on the line, you've got to be using industry standard tools. Furthermore, both NFLX and DIS are B2C whereas MSFT and ADBE are B2B. It's almost impossible to compare these companies, in terms of subscribers. Sure, we can discuss subscriber counts, subscriber growth, and so forth. But, MSFT and ADBE provide software to companies, and users must use those tools. They are sticky out of necessity, not mere desire. Therefore, let's all be very careful about how we think about DIS, and how we make comparisons.</p><p><blockquote>自大流行以来，两家公司都为大大小小的企业提供了维持业务所需的工具。随着世界转向虚拟工作和学校，带有虚拟签名的PDF和包含重要信息的Word文档成为标准。换句话说，MSFT和ADBE的用户并不像他们那样对软件“上瘾”<i>需要用它来做工作</i>.当你的工作岌岌可危时，你必须使用行业标准的工具。此外，NFLX和DIS都是B2C，而MSFT和ADBE是B2B。就订户而言，几乎不可能比较这些公司。当然，我们可以讨论用户数量、用户增长等等。但是，MSFT和ADBE向公司提供软件，用户必须使用这些工具。它们粘在一起是出于需要，而不仅仅是欲望。因此，让我们都非常小心我们如何看待DIS，以及我们如何进行比较。</blockquote></p><p> Putting all of this together, I still believe that DIS is a wonderful business. However, I would be cautious about adding a ton, especially if that decision is based on dazzling subscriber growth, or incredible content development. At this point, I see DIS as a reasonable hold.</p><p><blockquote>综上所述，我仍然相信DIS是一项出色的业务。然而，我会对增加一吨持谨慎态度，特别是如果这个决定是基于令人眼花缭乱的订户增长或令人难以置信的内容开发。在这一点上，我认为DIS是合理的持有。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://seekingalpha.com/article/4475050-disney-all-subscribers-are-not-created-equal\">Seeking Alpha</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"DIS":"迪士尼"},"source_url":"https://seekingalpha.com/article/4475050-disney-all-subscribers-are-not-created-equal","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1119480728","content_text":"Summary\n\nQQQ has easily beaten DIS whereas SPY has done about the same.\nDIS has not fully bounced back from 2020 but it's certainly healing.\nDIS is far more like NFLX than MSFT or ADBE, despite any discussion or comparisons related to subscriber growth and associated metrics.\nDIS has been far less of a growth stock than NFLX, MSFT, and ADBE.\n\nMarvin Samuel Tolentino Pineda/iStock Editorial via Getty Images\nBackground\nI've owned Disney (DIS) since early 2016. I greatly enjoy DIS products and services. I am reasonably pleased with DIS stock performance.\nData by YCharts\n53% gains in 5 years isn't terrible but it's not spectacular either. For added perspective, let's quickly compare DIS with the S&P 500 (SPY) and the Nasdaq 100 (QQQ) over 10 years or so.\nData by YCharts\nAs you can see, I zoomed out for a bigger picture view of things. Clearly, QQQ has crushed DIS. Over the same time, DIS has done about as well as SPY. It's clear the 2020 was rough on the price of DIS stock. However, it was also an incredible pivot opportunity for the business with Disney Plus, the streaming home of Disney, Pixar, Marvel, Star Wars, National Geographic, and way more.\nBusiness Model Update\nIt's clear that DIS has been incredibly focused on subscribers for Disney Plus. Here's a quick peek, from the Q4 2021 Earnings Call:\n\n On the Direct-to-Consumer side, we are extremely pleased with the success of our portfolio streaming services. Disney+, ESPN+ and Hulu continue to perform incredibly well with a 118.1 million, 17.1 million, and 43.8 million subscribers, respectively, for a total of a 179 million subscriptions. To put this growth in perspective, in the past fiscal year alone, we have grown the total number of subscriptions across our DTC portfolio by 48%, and Disney+ subs in particular by 60%.\n\nNow, here's the good news and bad news. DIS leadership is planning to reach 230 million to 260 million paid subscribers globally by the end of fiscal year 2024. Obviously, that's phenomenal growth and investors should cheer. However, the dark side is that this growth isn't free.DIS doesn't expect their portfolio of streaming services to reach profitability until 2024.Ouch.\nThe key point is that DIS is not simply bolting on Disney Plus, ESPN Plus, Hulu and so on, and adding profits to the bottom line. Instead, getting to this current level of subscribers has been chewing up time and resources. And, it'll be nasty for years. The investment will drain resources. More about this later.\nOf course, very long term investors can cheer. DIS literally has the best intellectual media assets in the world. Really, there isn't any company even close. The library is amazing, huge, and growing.See for yourself.\nAs a quick aside, most people, and most analysts expected a bigger \"snap back\" from 2020, especially in relation to park visits and related activity. For example, here's what we learned about attendance in August 2021:\n\n Disney world does not share its actual capacity nor the number of attendees they get daily. But as stated above, the estimated number of average daily attendees was 57,000 before the pandemic started. So, at present, it might be welcoming a maximum of 35,000 guests daily \n running with a 35% capacity. [Emphasis: Author]\n\nBig picture, I'm not too worried about the parks and related real-world experiences offered by DIS. It might take longer to get running at full steam, but DIS can do it. I'm a bit more concerned that investors are expecting too much from DIS streaming services, without fully considering the costs. This is especially true for short term investors and speculators.\nDisney Is Not Microsoft or Adobe\nAnalysts like to compare DIS to enterprise software companies,as if all subscribers are created equal. Let's consider two incredible businesses. Both Microsoft (MSFT) and Adobe (ADBE) have done exceptionally well in recent years, compared to DIS.\nData by YCharts\nClearly, MSFT and ADBE have trounced DIS. In part, here's why:\nData by YCharts\nP/S for both MSFT and ADBE has roughly doubled. At a high level, prices are moving up faster than revenue generated for MSFT and ADBE. Meanwhile, investors place less value on DIS revenue. DIS has pretty much moved sideways.\nLet's talk some real numbers. MSFT has grown earnings by 17% per year over the last 10 years. In 2015, EPS was $2.63 and in 2021 it's about $8. ADBE has grown earnings by about 29% per year over the last 10 years. In 2015, EPS was $2.08 and it's expected to hit a staggering $12.46 this year. Meanwhile, here's how DIS looks:\nSource: FASTgraphs\nEPS might get back to 2015 levels in 2023. The dividend was killed off. DIS share price is dramatically higher, even now, compared to earnings. There's a lot of pain in this chart.\nAll if this isn't to bash DIS or to imply that the products or business is terrible. The DIS brand is pristine. Leadership is strong. The company isn't going to suddenly fall off the face of the Earth.The business is amazing.\nAll Subscribers Are Not Created Equal\nI'm not too keen to do this, but here's Netflix (NFLX) versus DIS.\nData by YCharts\nThe only point I want to make is that NFLX shareholders have done far better than DIS shareholders. And, for a different perspective, here's how $10K would have done over the last five years.\nData by YCharts\nIt's very hard for me to say that DIS is \"on sale\" when I look at the relatively flat performance over the last five years. While I think of DIS as a growth stock,it's less of a growth stock than NFLX, MSFT, and ADBE.\nIn large part, I believe this is all about our definition of subscribers. I'll come back to that in a second. First, feast your eyes on this:\nData by YCharts\nWhat you're seeing is profit margin for DIS, NFLX, MSFT and ADBE. Quite frankly, this paints a damning picture of DIS, especially since 2020. What's most impressive, on the other hand, is how MSFT and ADBE have had has consistently high and growing profit margins. I've got to say, I'm actually a bit surprised that NFLX just keeps getting stronger and stronger in this department as well.\nBy the way, as a sidebar, it's easy to complain about the NFLX P/E ratio. It's over 50 right now. But, at the same time, DIS is at 37, MSFT is at 37, and ADBE is at 52. In that respect, they are all quite overvalued.\nWrap Up\nNow, here are my biggest points. NFLX has spent more than DIS on content and also has first mover advantage, loyalty and entrenchment. Many people have both NFLX and DIS, so I see less of a \"war\" than most people. Furthermore, it appears that NFLX has done an outstanding operational job, and their capital allocation has been strong. It's hard to look at this chart and dismiss NFLX. Clearly, it's a well-run company.\nData by YCharts\nThis next chart is extremely noisy, but you can scroll down and see the truth with your own two eyes. DIS has rather poor ROE, ROA and ROIC compared to NFLX, MSFT and ADBE.\nData by YCharts\nTo be fair, DIS was doing a pretty good job through early 2019. However, very importantly,the drops appear to have started before 2020. We cannot blame the pandemic for the decline in ROE, ROA and ROIC.\nTo be clear,DIS is going to be going gangbusters on content.\n\n Disney plans to increase its overall content spend to around $33bn in 2022, marking an $8bn rise from the previous year.\n\nFurthermore, the idea is that DIS will be rapidly growing the subscriber base.\n\n Disney+ is expected to add 140 million subscribers between 2021 and 2026 to take its total to 271 million. Netflix, meanwhile, will add 53 million subscribers through the same period, taking it to a 2026 total of 275 million.\n\nIn short, DIS isn't about to be left in the dust by NFLX. Something like 60 unscripted series, 30 comedy series and 25 drama shows will be produced. There's really too much to list here. Money is being put to work by DIS.\nNow, shifting gears, I have to say that both MSFT and ADBE have dramatically different types of subscribers. DIS and NFLX satisfy entertainment desires. These are wants,not needs.\nHere's a good way to think about MSFT and ADBE:\n\n Both companies armed businesses big and small with the tools needed to stay in business since the pandemic. As the world moved to virtual work and school, PDFs with virtual signatures and Word docs with important information became standard.\n\nIn other words, MSFT and ADBE subscribers aren't \"addicted\" to the software, as much as they arerequired to use it to do work. When your job is on the line, you've got to be using industry standard tools. Furthermore, both NFLX and DIS are B2C whereas MSFT and ADBE are B2B. It's almost impossible to compare these companies, in terms of subscribers. Sure, we can discuss subscriber counts, subscriber growth, and so forth. But, MSFT and ADBE provide software to companies, and users must use those tools. They are sticky out of necessity, not mere desire. Therefore, let's all be very careful about how we think about DIS, and how we make comparisons.\nPutting all of this together, I still believe that DIS is a wonderful business. However, I would be cautious about adding a ton, especially if that decision is based on dazzling subscriber growth, or incredible content development. At this point, I see DIS as a reasonable hold.","news_type":1,"symbols_score_info":{"DIS":0.9}},"isVote":1,"tweetType":1,"viewCount":839,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":608397469,"gmtCreate":1638619266800,"gmtModify":1638619266948,"author":{"id":"3573553598754980","authorId":"3573553598754980","name":"diamondHands","avatar":"https://static.tigerbbs.com/dc04e09561a7a5cf929c1ad9f33b1d82","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573553598754980","authorIdStr":"3573553598754980"},"themes":[],"htmlText":"Like please","listText":"Like please","text":"Like please","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/608397469","repostId":"1174181873","repostType":4,"repost":{"id":"1174181873","kind":"news","pubTimestamp":1638578178,"share":"https://www.laohu8.com/m/news/1174181873?lang=zh_CN&edition=full","pubTime":"2021-12-04 08:36","market":"us","language":"en","title":"US IPO Week Ahead: Digital banking and cloud infrastructure lead a 4 IPO week<blockquote>美国IPO周：数字银行和云基础设施引领IPO周4</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1174181873","media":"renaissancecap...","summary":"The IPO market is expected to pick up in the week ahead with four IPOs scheduled to raise $3.7 billi","content":"<p>The IPO market is expected to pick up in the week ahead with four IPOs scheduled to raise $3.7 billion.</p><p><blockquote>IPO市场预计将在未来一周回暖，预计将有四起IPO筹集37亿美元。</blockquote></p><p> Buffett-backed&nbsp;<b>Nu Holdings</b>(NU) plans to raise $2.5 billion at a $41.1 billion market cap. Operating as Nubank, this Brazilian online-only bank was formed in 2013 to launch a no-fees credit card offering with a mobile-first customer experience, but has since expanded to offer various other financial products. Nu has grown rapidly since its inception, with a current base of nearly 50 million customers, though revenue per customer has been falling as its base grows.</p><p><blockquote>巴菲特支持<b>Nu控股</b>(NU)计划以411亿美元的市值筹集25亿美元。这家巴西纯在线银行成立于2013年，名为Nubank，旨在推出具有移动优先客户体验的免费信用卡产品，但此后已扩展到提供各种其他金融产品。Nu自成立以来发展迅速，目前拥有近5000万客户群，尽管随着客户群的增长，每个客户的收入一直在下降。</blockquote></p><p> Cloud infrastructure platform&nbsp;<b>HashiCorp</b>(HCP) plans to raise $1.1 billion at a $14.0 billion market cap. This VC-backed company provides a suite of solutions that standardize and automate the provisioning, securing, connecting, and running of cloud infrastructure at scale. While it has demonstrated rapid growth and a sticky customer base, HashiCorp is highly unprofitable due to S&amp;M spend.</p><p><blockquote>云基础设施平台<b>哈希公司</b>(HCP)计划以140亿美元的市值筹集11亿美元。这家风险投资支持的公司提供了一套解决方案，可标准化和自动化大规模云基础设施的配置、保护、连接和运行。尽管HashiCorp表现出快速增长和粘性客户群，但由于S&amp;M支出，HashiCorp非常无利可图。</blockquote></p><p> Cannabis finance REIT&nbsp;<b>Chicago Atlantic Real Estate Finance</b>(REFI) plans to raise $106 million at a $296 million market cap. This newly-formed REIT is focused on originating, structuring, and investing in first mortgage loans and alternative structured financings secured by commercial real estate properties. Its current portfolio consists of senior loans to state-licensed operators in the cannabis industry.</p><p><blockquote>大麻金融房地产投资信托基金<b>芝加哥大西洋房地产金融</b>(REFI)计划以2.96亿美元的市值筹集1.06亿美元。这个新成立的房地产投资信托基金专注于发起、构建和投资由商业房地产担保的第一抵押贷款和另类结构性融资。其目前的投资组合包括向大麻行业国家许可运营商提供的高级贷款。</blockquote></p><p> Canadian gold exploration company&nbsp;<b>Austin Gold</b>(AUST) plans to raise $15 million at a $64 million market cap. This Canadian gold exploration company currently has interests in four properties located in the state of Nevada, with just one property that it considers material at this time. Austin Gold has not generated any operating revenues to date.</p><p><blockquote>加拿大黄金勘探公司<b>奥斯汀·戈尔德</b>(AUST)计划以6400万美元的市值筹集1500万美元。这家加拿大黄金勘探公司目前拥有位于内华达州的四处地产的权益，目前只有一处地产被认为是重要的。迄今为止，奥斯汀黄金尚未产生任何营业收入。</blockquote></p><p></p>","source":"lsy1619493174116","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>US IPO Week Ahead: Digital banking and cloud infrastructure lead a 4 IPO week<blockquote>美国IPO周：数字银行和云基础设施引领IPO周4</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nUS IPO Week Ahead: Digital banking and cloud infrastructure lead a 4 IPO week<blockquote>美国IPO周：数字银行和云基础设施引领IPO周4</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">renaissancecap...</strong><span class=\"h-time small\">2021-12-04 08:36</span>\n</p>\n</h4>\n</header>\n<article>\n<p>The IPO market is expected to pick up in the week ahead with four IPOs scheduled to raise $3.7 billion.</p><p><blockquote>IPO市场预计将在未来一周回暖，预计将有四起IPO筹集37亿美元。</blockquote></p><p> Buffett-backed&nbsp;<b>Nu Holdings</b>(NU) plans to raise $2.5 billion at a $41.1 billion market cap. Operating as Nubank, this Brazilian online-only bank was formed in 2013 to launch a no-fees credit card offering with a mobile-first customer experience, but has since expanded to offer various other financial products. Nu has grown rapidly since its inception, with a current base of nearly 50 million customers, though revenue per customer has been falling as its base grows.</p><p><blockquote>巴菲特支持<b>Nu控股</b>(NU)计划以411亿美元的市值筹集25亿美元。这家巴西纯在线银行成立于2013年，名为Nubank，旨在推出具有移动优先客户体验的免费信用卡产品，但此后已扩展到提供各种其他金融产品。Nu自成立以来发展迅速，目前拥有近5000万客户群，尽管随着客户群的增长，每个客户的收入一直在下降。</blockquote></p><p> Cloud infrastructure platform&nbsp;<b>HashiCorp</b>(HCP) plans to raise $1.1 billion at a $14.0 billion market cap. This VC-backed company provides a suite of solutions that standardize and automate the provisioning, securing, connecting, and running of cloud infrastructure at scale. While it has demonstrated rapid growth and a sticky customer base, HashiCorp is highly unprofitable due to S&amp;M spend.</p><p><blockquote>云基础设施平台<b>哈希公司</b>(HCP)计划以140亿美元的市值筹集11亿美元。这家风险投资支持的公司提供了一套解决方案，可标准化和自动化大规模云基础设施的配置、保护、连接和运行。尽管HashiCorp表现出快速增长和粘性客户群，但由于S&amp;M支出，HashiCorp非常无利可图。</blockquote></p><p> Cannabis finance REIT&nbsp;<b>Chicago Atlantic Real Estate Finance</b>(REFI) plans to raise $106 million at a $296 million market cap. This newly-formed REIT is focused on originating, structuring, and investing in first mortgage loans and alternative structured financings secured by commercial real estate properties. Its current portfolio consists of senior loans to state-licensed operators in the cannabis industry.</p><p><blockquote>大麻金融房地产投资信托基金<b>芝加哥大西洋房地产金融</b>(REFI)计划以2.96亿美元的市值筹集1.06亿美元。这个新成立的房地产投资信托基金专注于发起、构建和投资由商业房地产担保的第一抵押贷款和另类结构性融资。其目前的投资组合包括向大麻行业国家许可运营商提供的高级贷款。</blockquote></p><p> Canadian gold exploration company&nbsp;<b>Austin Gold</b>(AUST) plans to raise $15 million at a $64 million market cap. This Canadian gold exploration company currently has interests in four properties located in the state of Nevada, with just one property that it considers material at this time. Austin Gold has not generated any operating revenues to date.</p><p><blockquote>加拿大黄金勘探公司<b>奥斯汀·戈尔德</b>(AUST)计划以6400万美元的市值筹集1500万美元。这家加拿大黄金勘探公司目前拥有位于内华达州的四处地产的权益，目前只有一处地产被认为是重要的。迄今为止，奥斯汀黄金尚未产生任何营业收入。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.renaissancecapital.com/IPO-Center/News/89235/US-IPO-Week-Ahead-Digital-banking-and-cloud-infrastructure-lead-a-4-IPO-wee\">renaissancecap...</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"HCP":"HashiCorp, Inc.","NU":"Nu Holdings Ltd.","REFI":"Chicago Atlantic Real Estate Finance, Inc."},"source_url":"https://www.renaissancecapital.com/IPO-Center/News/89235/US-IPO-Week-Ahead-Digital-banking-and-cloud-infrastructure-lead-a-4-IPO-wee","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1174181873","content_text":"The IPO market is expected to pick up in the week ahead with four IPOs scheduled to raise $3.7 billion.\nBuffett-backed Nu Holdings(NU) plans to raise $2.5 billion at a $41.1 billion market cap. Operating as Nubank, this Brazilian online-only bank was formed in 2013 to launch a no-fees credit card offering with a mobile-first customer experience, but has since expanded to offer various other financial products. Nu has grown rapidly since its inception, with a current base of nearly 50 million customers, though revenue per customer has been falling as its base grows.\nCloud infrastructure platform HashiCorp(HCP) plans to raise $1.1 billion at a $14.0 billion market cap. This VC-backed company provides a suite of solutions that standardize and automate the provisioning, securing, connecting, and running of cloud infrastructure at scale. While it has demonstrated rapid growth and a sticky customer base, HashiCorp is highly unprofitable due to S&M spend.\nCannabis finance REIT Chicago Atlantic Real Estate Finance(REFI) plans to raise $106 million at a $296 million market cap. This newly-formed REIT is focused on originating, structuring, and investing in first mortgage loans and alternative structured financings secured by commercial real estate properties. Its current portfolio consists of senior loans to state-licensed operators in the cannabis industry.\nCanadian gold exploration company Austin Gold(AUST) plans to raise $15 million at a $64 million market cap. This Canadian gold exploration company currently has interests in four properties located in the state of Nevada, with just one property that it considers material at this time. Austin Gold has not generated any operating revenues to date.","news_type":1,"symbols_score_info":{"NU":0.9,"HCP":0.9,"REFI":0.9}},"isVote":1,"tweetType":1,"viewCount":791,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0}],"lives":[]}