Luke19的个人主页 - 老虎社区

Luke19

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2021-11-01

Nice

EV Startups Lucid and Rivian Deliver First Models to Customers<blockquote>电动汽车初创公司 Lucid 和Rivian向客户交付首批车型</blockquote>

2021-10-30

Hehe

@小虎活动:[Halloween Game] Trade or Treat!

2021-09-14

Aite

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2021-09-13

Nice

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2021-09-12

Nice

Buy or Sell Apple Stock Ahead of iPhone Event?<blockquote>在 iPhone 发布会前买卖苹果股票？</blockquote>

2021-06-30

Aight

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2021-06-28

Nice

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2021-06-25

Nice

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2021-06-19

Hmm

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2021-06-17

L&C pls!

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2021-06-17

Nice

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2021-06-15

🚀🚀🚀

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2021-06-07

Interesting

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2021-06-04

🚀🚀🚀

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2021-06-02

Ayy

AMC Stock Is Surging Again. How to Make Sense of the Move.<blockquote>AMC 股价再次飙升。如何理解这一举动？</blockquote>

2021-05-29

Yikes

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2021-05-27

Nice

PayPal Will Finally Let Users Withdraw Bitcoin, Ethereum Other Cryptocurrencies<blockquote>PayPal最终将允许用户提取比特币、以太币等加密货币</blockquote>

2021-05-26

You know they're totally accurate when they don't cite a single source other than 'trust me bro'

Could This Study Be Bad News for Pfizer's COVID Vaccine Sales?<blockquote>这项研究对辉瑞的COVID疫苗销售来说会是坏消息吗？</blockquote>

2021-05-26

Nice!

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2021-05-22

Wow😬

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21:48","market":"us","language":"en","title":"EV Startups Lucid and Rivian Deliver First Models to Customers<blockquote>电动汽车初创公司 Lucid 和Rivian向客户交付首批车型</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1101034989","media":"The Wall Street Journal","summary":"The upstarts are trying to replicate Tesla’s success but face challenges in trying to build up produ","content":"<p>The upstarts are trying to replicate Tesla’s success but face challenges in trying to build up production</p><p><blockquote>新贵们正试图复制特斯拉的成功，但在提高产量方面面临挑战</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/7c76ef608a1676bcaae05cbf207b8774\" tg-width=\"1290\" tg-height=\"859\" width=\"100%\" height=\"auto\"><span>Lucid began building its first all-electric Air sedans in Arizona in September.</span></p><p><blockquote><p class=\"t-img-caption\"><span>Lucid 于 9 月开始在亚利桑那州生产第一辆全电动空气轿车。</span></p></blockquote></p><p> Rivian Automotive and&nbsp;Lucid Group&nbsp;Inc.,two electric-car startups looking to emulateTeslaInc.’ssuccess, are making their marketplace debuts, shipping their first models to customers and planning to expand production.</p><p><blockquote>Rivian汽车公司和 Lucid Group Inc. 这两家电动汽车初创公司希望效仿特斯拉公司的成功，它们正在市场上首次亮相，向客户交付首批车型，并计划扩大生产规模。</blockquote></p><p> Lucid, a California-based upstart that&nbsp;went public in July&nbsp;through a merger with a special-purpose acquisition company, began building its first&nbsp;all-electric Air sedans&nbsp;in Arizona in September and started delivering them to customers Saturday.</p><p><blockquote>Lucid 是一家总部位于加利福尼亚州的新贵，于 7 月通过与一家特殊目的收购公司合并上市，该公司于 9 月开始在亚利桑那州制造其第一辆全电动空气轿车，并于周六开始向客户交付。</blockquote></p><p> The company, which is backed by Saudi Arabia’s sovereign-wealth fund, is looking to target the high-end market for luxury electric cars—a niche long dominated by Tesla—with the Air, a model that starts at $77,400. The first versions delivered over the weekend cost around $169,000.</p><p><blockquote>该公司得到了沙特阿拉伯主权财富基金的支持，希望将起价为 7.74 万美元的 Air 车型瞄准豪华电动汽车的高端市场--这一利基市场长期以来一直由特斯拉主导。周末交付的第一个版本售价约为 169,000 美元。</blockquote></p><p> Rivian, another up-and-comer backed by&nbsp;Ford Motor&nbsp;Co.&nbsp;and&nbsp;Amazon.com&nbsp;Inc.,has started delivering its first model, the electric R1T pickup truck, to buyers and recently revealed plans for&nbsp;a second U.S. assembly plant&nbsp;to expand production beyond its factory in Normal, Ill.</p><p><blockquote>Rivian是福特汽车公司和亚马逊支持的另一家后起之秀，该公司已开始向买家交付其首款车型——电动 R1T 皮卡，并最近透露了在美国建立第二家装配厂的计划，以扩大其位于伊利诺伊州诺莫尔的工厂之外的生产。</blockquote></p><p> The rollout of these first models is a milestone for the two upstarts and gives them an advantage in the race among electric-vehicle startups. The next challenge will be increasing factory output to boost sales, said Peter Rawlinson, Lucid’s chief executive.&nbsp;Lucid said it plans to make roughly 575 cars by the end of 2021 and increase that to 20,000 next year.</p><p><blockquote>这些首批车型的推出对于这两家新贵来说是一个里程碑，并使他们在电动汽车初创公司的竞争中占据优势。Lucid 首席执行官彼得-罗林森（Peter Rawlinson）说，下一个挑战将是增加工厂产量以促进销量。Lucid 表示，计划到 2021 年底生产约 575 辆汽车，明年将增加到 2 万辆。</blockquote></p><p> “What’s next is just getting the volume ramped up and pushing like crazy,” Mr. Rawlinson said.</p><p><blockquote>“罗林森先生说：”接下来要做的就是提高音量，疯狂地推进。</blockquote></p><p> Both Rivian and Lucid are scaling operations as Tesla’s valuation has continued to soar,crossing the $1 trillion mark&nbsp;last week.</p><p><blockquote>随着特斯拉的估值持续飙升，上周突破了 1 万亿美元大关，Rivian和 Lucid 都在扩大业务规模。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/17ebcc75e997d559a830f7f8fddbc868\" tg-width=\"1050\" tg-height=\"700\" width=\"100%\" height=\"auto\"><span>Rivian is targeting the U.S.’s highly competitive pickup truck market with the R1T.</span></p><p><blockquote><p class=\"t-img-caption\"><span>Rivian的 R1T 瞄准了竞争激烈的美国皮卡市场。</span></p></blockquote></p><p> Enthusiasm for electric vehicles, both among car buyers and on Wall Street, has been rising over the past couple of years. Electric-vehicle sales in the U.S. climbed 57% in September over the prior-year period, according to analysts from Morgan Stanley. And the Biden administration is pushing to extend the $7,500 tax credit now available for electric-vehicle purchases, as well as other additional incentives, to further stoke demand for plug-in models.</p><p><blockquote>过去几年，购车者和华尔街对电动汽车的热情一直在上升。摩根士丹利分析师表示，9 月份美国电动汽车销量同比增长 57%。拜登政府正在推动延长目前可用于购买电动汽车的 7,500 美元税收抵免以及其他额外激励措施，以进一步刺激对插电式车型的需求。</blockquote></p><p> Lucid’s stock surged last week, jumping more than 50%, following tweets that the company was beginning deliveries and Tesla’s deal to sell its cars to&nbsp;Hertz Global Holdings&nbsp;Inc.The company is valued at nearly $60 billion, about $8.4 billion behind Ford, which had almost $100 billion more in sales through the first nine months of 2021.</p><p><blockquote>Lucid 的股价上周飙升，大涨 50% 以上，原因是该公司开始交付的推文以及特斯拉将其汽车出售给赫兹全球控股公司（Hertz Global Holdings Inc.）。该公司估值近 600 亿美元，比福特低约 84 亿美元，福特在 2021 年前 9 个月的销售额增加了近 1000 亿美元。</blockquote></p><p> Rivian, a company that started in Michigan and later moved its headquarters to California, has raised roughly $10.5 billion in the private markets since the start of 2019 and now is getting ready for an initial public offering.</p><p><blockquote>Rivian是一家起源于密歇根州、后来将总部迁至加州的公司，自 2019 年初以来已在私人市场筹集了约 105 亿美元，目前正准备进行首次公开募股。</blockquote></p><p> At its latest capital raise in July, Rivian was valued at $27.6 billion, according to a person familiar with the raise. Amazon on Friday said it owned about 20% of Rivian and valued its stake at $3.8 billion.</p><p><blockquote>据一位知情人士透露，在 7 月份最近一次融资中，Rivian的估值为 276 亿美元。亚马逊周五表示，它拥有Rivian约 20% 的股份，其股份估值为 38 亿美元。</blockquote></p><p> Rivian declined to comment for the story ahead of its IPO.</p><p><blockquote>Rivian在首次公开募股前拒绝对此事发表评论。</blockquote></p><p> Still, in the capital-intensive auto industry, there is a history of startups that have launched and folded later, and both Lucid and Rivian have had to spend heavily before shipping their first vehicles.</p><p><blockquote>尽管如此，在资本密集型汽车行业，初创公司的成立和倒闭是有历史的，Lucid 和Rivian在交付第一辆汽车之前都不得不投入巨资。</blockquote></p><p> Lucid lost $3.6 billion in the first half of 2021, while Rivian spent $2 billion from the start of last year through the end of June 2021.</p><p><blockquote>Lucid在2021年上半年亏损36亿美元，而Rivian从去年年初到2021年6月底花费了20亿美元。</blockquote></p><p> One of the biggest challenges these two companies will confront is mastering the intricacies of mass production, analysts say.</p><p><blockquote>分析师表示，这两家公司将面临的最大挑战之一是掌握大规模生产的复杂性。</blockquote></p><p> Tyson Jominy, vice president of data and analytics at J.D. Power, said launching a model that has never been built before in an all-new factory is difficult for more experienced auto makers. “How much more so will it be for those who are kind of learning on the fly?” he added.</p><p><blockquote>泰森·乔米尼，J.D.数据和分析副总裁Power表示，对于更有经验的汽车制造商来说，在全新工厂推出一款以前从未生产过的车型是很困难的。“对于那些在飞行中学习的人来说，情况还会如何呢？”他补充道。</blockquote></p><p> Lucid and Rivian will also be squaring off with deeper-pocketed auto makers, analysts say, and will need to build brand awareness.</p><p><blockquote>分析师表示，Lucid 和Rivian还将与财力雄厚的汽车制造商展开竞争，并需要建立品牌知名度。</blockquote></p><p> “It’s going to be a really tall order to establish positions in this market,” said Aakash Arora, a managing partner on Boston Consulting Group’s automotive team.</p><p><blockquote>“波士顿咨询集团汽车团队执行合伙人阿卡什-阿罗拉（Aakash Arora）说：”在这个市场建立地位将是一项非常艰巨的任务。</blockquote></p><p></p><p> In many ways, both Lucid and Rivian are following Tesla’s lead. They plan to sell vehicles directly to consumers, bypassing the traditional dealer network, and Rivian plans to build its own network of fast-charges for drivers to use, helping to address a key concern for car buyers about not having enough places to plug in.</p><p><blockquote>在很多方面，卢西德和Rivian都在追随特斯拉的脚步。他们计划绕过传统的经销商网络，直接向消费者销售车辆，Rivian计划建立自己的快速充电网络供司机使用，这有助于解决购车者没有足够插电的主要问题。</blockquote></p><p> The two companies have also hired several former Tesla executives over the years, including engineers and manufacturing executives, to help build their businesses.</p><p><blockquote>多年来，两家公司还聘请了几位前特斯拉高管，包括工程师和制造高管，以帮助建立他们的业务。</blockquote></p><p> Lucid’s Mr. Rawlinson was once Tesla’s chief engineer overseeing the development of the Model S.</p><p><blockquote>Lucid 的 Rawlinson 先生曾是特斯拉的总工程师，负责监督 Model S 的开发。</blockquote></p><p> The Lucid Air, a competitor to top-end&nbsp;Mercedes-Benz&nbsp;and&nbsp;BMW&nbsp;models, has created buzz in automotive circles, delivering an EPA-certified travel range of up to 520 miles on a single battery charge—the longest of any electric vehicle on sale in the U.S. market.</p><p><blockquote>Lucid Air 是高端梅赛德斯-奔驰和宝马车型的竞争对手，在汽车界引起了轰动，经 EPA 认证，一次电池充电可行驶 520 英里，是美国市场上销售的最长电动汽车。</blockquote></p><p> “Lucid has a high bar to rise to,” said Vivianna Van Deerlin, president of the Delaware Valley Tesla Owners Club. She has three Teslas and traveled to take delivery of her Lucid Air at an event on Saturday. For her, the Lucid purchase is about backing car companies trying to increase electric-vehicle adoption, Ms. Van Deerlin said.</p><p><blockquote>“特拉华谷特斯拉业主俱乐部主席 Vivianna Van Deerlin 说：”Lucid 的标准很高。她有三辆特斯拉，并在周六的一次活动中前往领取她的 Lucid Air。Van Deerlin 女士表示，对她来说，Lucid 收购是为了支持汽车公司试图增加电动汽车的采用。</blockquote></p><p> “It’s about trying something different and supporting the mission,” she added.</p><p><blockquote>“她补充说：”这是关于尝试不同的东西，支持使命。</blockquote></p><p> Rivian, meanwhile, is targeting the U.S.’s highly competitive pickup truck market with the R1T, a battery-powered model that starts at $67,500. This market has long been dominated by the Detroit car companies, and the R1T’s debut comes ahead of&nbsp;General Motors&nbsp;Co.&nbsp;and Ford rolling out their own battery-electric trucks.</p><p><blockquote>与此同时，Rivian正瞄准竞争激烈的美国皮卡市场，推出 R1T，这是一款电池驱动的车型，起价为 67,500 美元。这个市场长期以来一直由底特律汽车公司主导，而 R1T 的首次亮相正值通用汽车公司和福特公司推出自己的电池电动卡车之前。</blockquote></p><p> Rivian also plans to start building a midsize sport-utility vehicle, called the R1S, in the next few months that is to be marketed as an outdoor-focused model to compete against Jeep models and the Ford Bronco.</p><p><blockquote>Rivian还计划在未来几个月内开始生产一款名为 R1S 的中型运动型多功能车，该车将作为一款专注于户外的车型进行销售，与吉普车型和福特野马竞争。</blockquote></p><p> J.D. Power’s Mr. Jominy said the market for SUVs and trucks has been booming in recent years and accounts for around 80% of all vehicles sold in October. However, there are still few all-electric options available to consumers for these specific body styles.</p><p><blockquote>J.D. Power 的 Jominy 先生说，近年来 SUV 和卡车市场一直在蓬勃发展，约占 10 月份所有销量的 80%。然而，对于这些特定的车身风格，消费者仍然很少有全电动选择。</blockquote></p><p> “It is hitting what Americans want,” he said.</p><p><blockquote>“他说：”这正中美国人的下怀。</blockquote></p><p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>EV Startups Lucid and Rivian Deliver First Models to Customers<blockquote>电动汽车初创公司 Lucid 和Rivian向客户交付首批车型</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nEV Startups Lucid and Rivian Deliver First Models to Customers<blockquote>电动汽车初创公司 Lucid 和Rivian向客户交付首批车型</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">The Wall Street Journal</strong><span class=\"h-time small\">2021-11-01 21:48</span>\n</p>\n</h4>\n</header>\n<article>\n<p>The upstarts are trying to replicate Tesla’s success but face challenges in trying to build up production</p><p><blockquote>新贵们正试图复制特斯拉的成功，但在提高产量方面面临挑战</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/7c76ef608a1676bcaae05cbf207b8774\" tg-width=\"1290\" tg-height=\"859\" width=\"100%\" height=\"auto\"><span>Lucid began building its first all-electric Air sedans in Arizona in September.</span></p><p><blockquote><p class=\"t-img-caption\"><span>Lucid 于 9 月开始在亚利桑那州生产第一辆全电动空气轿车。</span></p></blockquote></p><p> Rivian Automotive and&nbsp;Lucid Group&nbsp;Inc.,two electric-car startups looking to emulateTeslaInc.’ssuccess, are making their marketplace debuts, shipping their first models to customers and planning to expand production.</p><p><blockquote>Rivian汽车公司和 Lucid Group Inc. 这两家电动汽车初创公司希望效仿特斯拉公司的成功，它们正在市场上首次亮相，向客户交付首批车型，并计划扩大生产规模。</blockquote></p><p> Lucid, a California-based upstart that&nbsp;went public in July&nbsp;through a merger with a special-purpose acquisition company, began building its first&nbsp;all-electric Air sedans&nbsp;in Arizona in September and started delivering them to customers Saturday.</p><p><blockquote>Lucid 是一家总部位于加利福尼亚州的新贵，于 7 月通过与一家特殊目的收购公司合并上市，该公司于 9 月开始在亚利桑那州制造其第一辆全电动空气轿车，并于周六开始向客户交付。</blockquote></p><p> The company, which is backed by Saudi Arabia’s sovereign-wealth fund, is looking to target the high-end market for luxury electric cars—a niche long dominated by Tesla—with the Air, a model that starts at $77,400. The first versions delivered over the weekend cost around $169,000.</p><p><blockquote>该公司得到了沙特阿拉伯主权财富基金的支持，希望将起价为 7.74 万美元的 Air 车型瞄准豪华电动汽车的高端市场--这一利基市场长期以来一直由特斯拉主导。周末交付的第一个版本售价约为 169,000 美元。</blockquote></p><p> Rivian, another up-and-comer backed by&nbsp;Ford Motor&nbsp;Co.&nbsp;and&nbsp;Amazon.com&nbsp;Inc.,has started delivering its first model, the electric R1T pickup truck, to buyers and recently revealed plans for&nbsp;a second U.S. assembly plant&nbsp;to expand production beyond its factory in Normal, Ill.</p><p><blockquote>Rivian是福特汽车公司和亚马逊支持的另一家后起之秀，该公司已开始向买家交付其首款车型——电动 R1T 皮卡，并最近透露了在美国建立第二家装配厂的计划，以扩大其位于伊利诺伊州诺莫尔的工厂之外的生产。</blockquote></p><p> The rollout of these first models is a milestone for the two upstarts and gives them an advantage in the race among electric-vehicle startups. The next challenge will be increasing factory output to boost sales, said Peter Rawlinson, Lucid’s chief executive.&nbsp;Lucid said it plans to make roughly 575 cars by the end of 2021 and increase that to 20,000 next year.</p><p><blockquote>这些首批车型的推出对于这两家新贵来说是一个里程碑，并使他们在电动汽车初创公司的竞争中占据优势。Lucid 首席执行官彼得-罗林森（Peter Rawlinson）说，下一个挑战将是增加工厂产量以促进销量。Lucid 表示，计划到 2021 年底生产约 575 辆汽车，明年将增加到 2 万辆。</blockquote></p><p> “What’s next is just getting the volume ramped up and pushing like crazy,” Mr. Rawlinson said.</p><p><blockquote>“罗林森先生说：”接下来要做的就是提高音量，疯狂地推进。</blockquote></p><p> Both Rivian and Lucid are scaling operations as Tesla’s valuation has continued to soar,crossing the $1 trillion mark&nbsp;last week.</p><p><blockquote>随着特斯拉的估值持续飙升，上周突破了 1 万亿美元大关，Rivian和 Lucid 都在扩大业务规模。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/17ebcc75e997d559a830f7f8fddbc868\" tg-width=\"1050\" tg-height=\"700\" width=\"100%\" height=\"auto\"><span>Rivian is targeting the U.S.’s highly competitive pickup truck market with the R1T.</span></p><p><blockquote><p class=\"t-img-caption\"><span>Rivian的 R1T 瞄准了竞争激烈的美国皮卡市场。</span></p></blockquote></p><p> Enthusiasm for electric vehicles, both among car buyers and on Wall Street, has been rising over the past couple of years. Electric-vehicle sales in the U.S. climbed 57% in September over the prior-year period, according to analysts from Morgan Stanley. And the Biden administration is pushing to extend the $7,500 tax credit now available for electric-vehicle purchases, as well as other additional incentives, to further stoke demand for plug-in models.</p><p><blockquote>过去几年，购车者和华尔街对电动汽车的热情一直在上升。摩根士丹利分析师表示，9 月份美国电动汽车销量同比增长 57%。拜登政府正在推动延长目前可用于购买电动汽车的 7,500 美元税收抵免以及其他额外激励措施，以进一步刺激对插电式车型的需求。</blockquote></p><p> Lucid’s stock surged last week, jumping more than 50%, following tweets that the company was beginning deliveries and Tesla’s deal to sell its cars to&nbsp;Hertz Global Holdings&nbsp;Inc.The company is valued at nearly $60 billion, about $8.4 billion behind Ford, which had almost $100 billion more in sales through the first nine months of 2021.</p><p><blockquote>Lucid 的股价上周飙升，大涨 50% 以上，原因是该公司开始交付的推文以及特斯拉将其汽车出售给赫兹全球控股公司（Hertz Global Holdings Inc.）。该公司估值近 600 亿美元，比福特低约 84 亿美元，福特在 2021 年前 9 个月的销售额增加了近 1000 亿美元。</blockquote></p><p> Rivian, a company that started in Michigan and later moved its headquarters to California, has raised roughly $10.5 billion in the private markets since the start of 2019 and now is getting ready for an initial public offering.</p><p><blockquote>Rivian是一家起源于密歇根州、后来将总部迁至加州的公司，自 2019 年初以来已在私人市场筹集了约 105 亿美元，目前正准备进行首次公开募股。</blockquote></p><p> At its latest capital raise in July, Rivian was valued at $27.6 billion, according to a person familiar with the raise. Amazon on Friday said it owned about 20% of Rivian and valued its stake at $3.8 billion.</p><p><blockquote>据一位知情人士透露，在 7 月份最近一次融资中，Rivian的估值为 276 亿美元。亚马逊周五表示，它拥有Rivian约 20% 的股份，其股份估值为 38 亿美元。</blockquote></p><p> Rivian declined to comment for the story ahead of its IPO.</p><p><blockquote>Rivian在首次公开募股前拒绝对此事发表评论。</blockquote></p><p> Still, in the capital-intensive auto industry, there is a history of startups that have launched and folded later, and both Lucid and Rivian have had to spend heavily before shipping their first vehicles.</p><p><blockquote>尽管如此，在资本密集型汽车行业，初创公司的成立和倒闭是有历史的，Lucid 和Rivian在交付第一辆汽车之前都不得不投入巨资。</blockquote></p><p> Lucid lost $3.6 billion in the first half of 2021, while Rivian spent $2 billion from the start of last year through the end of June 2021.</p><p><blockquote>Lucid在2021年上半年亏损36亿美元，而Rivian从去年年初到2021年6月底花费了20亿美元。</blockquote></p><p> One of the biggest challenges these two companies will confront is mastering the intricacies of mass production, analysts say.</p><p><blockquote>分析师表示，这两家公司将面临的最大挑战之一是掌握大规模生产的复杂性。</blockquote></p><p> Tyson Jominy, vice president of data and analytics at J.D. Power, said launching a model that has never been built before in an all-new factory is difficult for more experienced auto makers. “How much more so will it be for those who are kind of learning on the fly?” he added.</p><p><blockquote>泰森·乔米尼，J.D.数据和分析副总裁Power表示，对于更有经验的汽车制造商来说，在全新工厂推出一款以前从未生产过的车型是很困难的。“对于那些在飞行中学习的人来说，情况还会如何呢？”他补充道。</blockquote></p><p> Lucid and Rivian will also be squaring off with deeper-pocketed auto makers, analysts say, and will need to build brand awareness.</p><p><blockquote>分析师表示，Lucid 和Rivian还将与财力雄厚的汽车制造商展开竞争，并需要建立品牌知名度。</blockquote></p><p> “It’s going to be a really tall order to establish positions in this market,” said Aakash Arora, a managing partner on Boston Consulting Group’s automotive team.</p><p><blockquote>“波士顿咨询集团汽车团队执行合伙人阿卡什-阿罗拉（Aakash Arora）说：”在这个市场建立地位将是一项非常艰巨的任务。</blockquote></p><p></p><p> In many ways, both Lucid and Rivian are following Tesla’s lead. They plan to sell vehicles directly to consumers, bypassing the traditional dealer network, and Rivian plans to build its own network of fast-charges for drivers to use, helping to address a key concern for car buyers about not having enough places to plug in.</p><p><blockquote>在很多方面，卢西德和Rivian都在追随特斯拉的脚步。他们计划绕过传统的经销商网络，直接向消费者销售车辆，Rivian计划建立自己的快速充电网络供司机使用，这有助于解决购车者没有足够插电的主要问题。</blockquote></p><p> The two companies have also hired several former Tesla executives over the years, including engineers and manufacturing executives, to help build their businesses.</p><p><blockquote>多年来，两家公司还聘请了几位前特斯拉高管，包括工程师和制造高管，以帮助建立他们的业务。</blockquote></p><p> Lucid’s Mr. Rawlinson was once Tesla’s chief engineer overseeing the development of the Model S.</p><p><blockquote>Lucid 的 Rawlinson 先生曾是特斯拉的总工程师，负责监督 Model S 的开发。</blockquote></p><p> The Lucid Air, a competitor to top-end&nbsp;Mercedes-Benz&nbsp;and&nbsp;BMW&nbsp;models, has created buzz in automotive circles, delivering an EPA-certified travel range of up to 520 miles on a single battery charge—the longest of any electric vehicle on sale in the U.S. market.</p><p><blockquote>Lucid Air 是高端梅赛德斯-奔驰和宝马车型的竞争对手，在汽车界引起了轰动，经 EPA 认证，一次电池充电可行驶 520 英里，是美国市场上销售的最长电动汽车。</blockquote></p><p> “Lucid has a high bar to rise to,” said Vivianna Van Deerlin, president of the Delaware Valley Tesla Owners Club. She has three Teslas and traveled to take delivery of her Lucid Air at an event on Saturday. For her, the Lucid purchase is about backing car companies trying to increase electric-vehicle adoption, Ms. Van Deerlin said.</p><p><blockquote>“特拉华谷特斯拉业主俱乐部主席 Vivianna Van Deerlin 说：”Lucid 的标准很高。她有三辆特斯拉，并在周六的一次活动中前往领取她的 Lucid Air。Van Deerlin 女士表示，对她来说，Lucid 收购是为了支持汽车公司试图增加电动汽车的采用。</blockquote></p><p> “It’s about trying something different and supporting the mission,” she added.</p><p><blockquote>“她补充说：”这是关于尝试不同的东西，支持使命。</blockquote></p><p> Rivian, meanwhile, is targeting the U.S.’s highly competitive pickup truck market with the R1T, a battery-powered model that starts at $67,500. This market has long been dominated by the Detroit car companies, and the R1T’s debut comes ahead of&nbsp;General Motors&nbsp;Co.&nbsp;and Ford rolling out their own battery-electric trucks.</p><p><blockquote>与此同时，Rivian正瞄准竞争激烈的美国皮卡市场，推出 R1T，这是一款电池驱动的车型，起价为 67,500 美元。这个市场长期以来一直由底特律汽车公司主导，而 R1T 的首次亮相正值通用汽车公司和福特公司推出自己的电池电动卡车之前。</blockquote></p><p> Rivian also plans to start building a midsize sport-utility vehicle, called the R1S, in the next few months that is to be marketed as an outdoor-focused model to compete against Jeep models and the Ford Bronco.</p><p><blockquote>Rivian还计划在未来几个月内开始生产一款名为 R1S 的中型运动型多功能车，该车将作为一款专注于户外的车型进行销售，与吉普车型和福特野马竞争。</blockquote></p><p> J.D. Power’s Mr. Jominy said the market for SUVs and trucks has been booming in recent years and accounts for around 80% of all vehicles sold in October. However, there are still few all-electric options available to consumers for these specific body styles.</p><p><blockquote>J.D. Power 的 Jominy 先生说，近年来 SUV 和卡车市场一直在蓬勃发展，约占 10 月份所有销量的 80%。然而，对于这些特定的车身风格，消费者仍然很少有全电动选择。</blockquote></p><p> “It is hitting what Americans want,” he said.</p><p><blockquote>“他说：”这正中美国人的下怀。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.wsj.com/articles/ev-startups-lucid-and-rivian-deliver-first-models-to-customers-11635759002?mod=hp_lista_pos2\">The Wall Street Journal</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.","LCID":"Lucid Group Inc"},"source_url":"https://www.wsj.com/articles/ev-startups-lucid-and-rivian-deliver-first-models-to-customers-11635759002?mod=hp_lista_pos2","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1101034989","content_text":"The upstarts are trying to replicate Tesla’s success but face challenges in trying to build up production\nLucid began building its first all-electric Air sedans in Arizona in September.\nRivian Automotive and Lucid Group Inc.,two electric-car startups looking to emulateTeslaInc.’ssuccess, are making their marketplace debuts, shipping their first models to customers and planning to expand production.\nLucid, a California-based upstart that went public in July through a merger with a special-purpose acquisition company, began building its first all-electric Air sedans in Arizona in September and started delivering them to customers Saturday.\nThe company, which is backed by Saudi Arabia’s sovereign-wealth fund, is looking to target the high-end market for luxury electric cars—a niche long dominated by Tesla—with the Air, a model that starts at $77,400. The first versions delivered over the weekend cost around $169,000.\nRivian, another up-and-comer backed by Ford Motor Co. and Amazon.com Inc.,has started delivering its first model, the electric R1T pickup truck, to buyers and recently revealed plans for a second U.S. assembly plant to expand production beyond its factory in Normal, Ill.\nThe rollout of these first models is a milestone for the two upstarts and gives them an advantage in the race among electric-vehicle startups. The next challenge will be increasing factory output to boost sales, said Peter Rawlinson, Lucid’s chief executive. Lucid said it plans to make roughly 575 cars by the end of 2021 and increase that to 20,000 next year.\n“What’s next is just getting the volume ramped up and pushing like crazy,” Mr. Rawlinson said.\nBoth Rivian and Lucid are scaling operations as Tesla’s valuation has continued to soar,crossing the $1 trillion mark last week.\nRivian is targeting the U.S.’s highly competitive pickup truck market with the R1T.\nEnthusiasm for electric vehicles, both among car buyers and on Wall Street, has been rising over the past couple of years. Electric-vehicle sales in the U.S. climbed 57% in September over the prior-year period, according to analysts from Morgan Stanley. And the Biden administration is pushing to extend the $7,500 tax credit now available for electric-vehicle purchases, as well as other additional incentives, to further stoke demand for plug-in models.\nLucid’s stock surged last week, jumping more than 50%, following tweets that the company was beginning deliveries and Tesla’s deal to sell its cars to Hertz Global Holdings Inc.The company is valued at nearly $60 billion, about $8.4 billion behind Ford, which had almost $100 billion more in sales through the first nine months of 2021.\nRivian, a company that started in Michigan and later moved its headquarters to California, has raised roughly $10.5 billion in the private markets since the start of 2019 and now is getting ready for an initial public offering.\nAt its latest capital raise in July, Rivian was valued at $27.6 billion, according to a person familiar with the raise. Amazon on Friday said it owned about 20% of Rivian and valued its stake at $3.8 billion.\nRivian declined to comment for the story ahead of its IPO.\nStill, in the capital-intensive auto industry, there is a history of startups that have launched and folded later, and both Lucid and Rivian have had to spend heavily before shipping their first vehicles.\nLucid lost $3.6 billion in the first half of 2021, while Rivian spent $2 billion from the start of last year through the end of June 2021.\nOne of the biggest challenges these two companies will confront is mastering the intricacies of mass production, analysts say.\nTyson Jominy, vice president of data and analytics at J.D. Power, said launching a model that has never been built before in an all-new factory is difficult for more experienced auto makers. “How much more so will it be for those who are kind of learning on the fly?” he added.\nLucid and Rivian will also be squaring off with deeper-pocketed auto makers, analysts say, and will need to build brand awareness.\n“It’s going to be a really tall order to establish positions in this market,” said Aakash Arora, a managing partner on Boston Consulting Group’s automotive team.\nIn many ways, both Lucid and Rivian are following Tesla’s lead. They plan to sell vehicles directly to consumers, bypassing the traditional dealer network, and Rivian plans to build its own network of fast-charges for drivers to use, helping to address a key concern for car buyers about not having enough places to plug in.\nThe two companies have also hired several former Tesla executives over the years, including engineers and manufacturing executives, to help build their businesses.\nLucid’s Mr. Rawlinson was once Tesla’s chief engineer overseeing the development of the Model S.\nThe Lucid Air, a competitor to top-end Mercedes-Benz and BMW models, has created buzz in automotive circles, delivering an EPA-certified travel range of up to 520 miles on a single battery charge—the longest of any electric vehicle on sale in the U.S. market.\n“Lucid has a high bar to rise to,” said Vivianna Van Deerlin, president of the Delaware Valley Tesla Owners Club. She has three Teslas and traveled to take delivery of her Lucid Air at an event on Saturday. For her, the Lucid purchase is about backing car companies trying to increase electric-vehicle adoption, Ms. Van Deerlin said.\n“It’s about trying something different and supporting the mission,” she added.\nRivian, meanwhile, is targeting the U.S.’s highly competitive pickup truck market with the R1T, a battery-powered model that starts at $67,500. This market has long been dominated by the Detroit car companies, and the R1T’s debut comes ahead of General Motors Co. and Ford rolling out their own battery-electric trucks.\nRivian also plans to start building a midsize sport-utility vehicle, called the R1S, in the next few months that is to be marketed as an outdoor-focused model to compete against Jeep models and the Ford Bronco.\nJ.D. Power’s Mr. Jominy said the market for SUVs and trucks has been booming in recent years and accounts for around 80% of all vehicles sold in October. However, there are still few all-electric options available to consumers for these specific body styles.\n“It is hitting what Americans want,” he said.","news_type":1,"symbols_score_info":{"LCID":0.9,"RIVN":0.9}},"isVote":1,"tweetType":1,"viewCount":2609,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":857754790,"gmtCreate":1635563310620,"gmtModify":1635563322277,"author":{"id":"3574305354088443","authorId":"3574305354088443","name":"Luke19","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574305354088443","authorIdStr":"3574305354088443"},"themes":[],"title":"","htmlText":"Hehe","listText":"Hehe","text":"Hehe","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/857754790","repostId":"850756569","repostType":1,"repost":{"id":850756569,"gmtCreate":1634631211448,"gmtModify":1635853120757,"author":{"id":"36984908995200","authorId":"36984908995200","name":"小虎活动","avatar":"https://static.tigerbbs.com/9e396d03155923b283948d2dec9191f8","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"36984908995200","authorIdStr":"36984908995200"},"themes":[],"title":"[Halloween Game] Trade or Treat!","htmlText":"Hello, dear Tigers!&nbsp; Happy&nbsp;Halloween!&nbsp;🎃🎃🎃&nbsp;&nbsp; <a href=\"https://www.tigerbrokers.com.sg/activity/market/2021/halloween/?lang=en_US#/\" target=\"_blank\">Tap&nbsp;here&nbsp;to&nbsp;play the Halloween game,&nbsp;and&nbsp;you&nbsp;stand&nbsp;a&nbsp;chance&nbsp;to win various rewards!&nbsp;</a> Promotion Period: October 27, 2021 18:00 - November 9, 2021 18:00 (SGT) 1.&nbsp;How to Participate? All Tiger clients may collect points which can be used to redeem rewards by taking part in the Trade or Treating Game. All existing Tiger clients will have 2 game attempts. Clients can get more game attempts by completing different tasks, such as 'Invite a friend' or 'Share Halloween Game'.&nbsp; 2.&nbsp;How to collect points? Each player has 30 seconds to catch falling candies while av","listText":"Hello, dear Tigers!&nbsp; Happy&nbsp;Halloween!&nbsp;🎃🎃🎃&nbsp;&nbsp; <a href=\"https://www.tigerbrokers.com.sg/activity/market/2021/halloween/?lang=en_US#/\" target=\"_blank\">Tap&nbsp;here&nbsp;to&nbsp;play the Halloween game,&nbsp;and&nbsp;you&nbsp;stand&nbsp;a&nbsp;chance&nbsp;to win various rewards!&nbsp;</a> Promotion Period: October 27, 2021 18:00 - November 9, 2021 18:00 (SGT) 1.&nbsp;How to Participate? All Tiger clients may collect points which can be used to redeem rewards by taking part in the Trade or Treating Game. All existing Tiger clients will have 2 game attempts. Clients can get more game attempts by completing different tasks, such as 'Invite a friend' or 'Share Halloween Game'.&nbsp; 2.&nbsp;How to collect points? Each player has 30 seconds to catch falling candies while av","text":"Hello, dear Tigers! Happy Halloween! 🎃🎃🎃 Tap here to play the Halloween game, and you stand a chance to win various rewards! Promotion Period: October 27, 2021 18:00 - November 9, 2021 18:00 (SGT) 1. How to Participate? All Tiger clients may collect points which can be used to redeem rewards by taking part in the Trade or Treating Game. All existing Tiger clients will have 2 game attempts. Clients can get more game attempts by completing different tasks, such as 'Invite a friend' or 'Share Halloween Game'. 2. How to collect points? Each player has 30 seconds to catch falling candies while av","images":[],"top":1,"highlighted":2,"essential":1,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/850756569","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":3351,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":886230539,"gmtCreate":1631592537221,"gmtModify":1631889582388,"author":{"id":"3574305354088443","authorId":"3574305354088443","name":"Luke19","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574305354088443","authorIdStr":"3574305354088443"},"themes":[],"title":"","htmlText":"Aite","listText":"Aite","text":"Aite","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/886230539","repostId":"1141290411","repostType":4,"isVote":1,"tweetType":1,"viewCount":2272,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":888716192,"gmtCreate":1631528977816,"gmtModify":1631889582395,"author":{"id":"3574305354088443","authorId":"3574305354088443","name":"Luke19","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574305354088443","authorIdStr":"3574305354088443"},"themes":[],"title":"","htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":9,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/888716192","repostId":"2167630550","repostType":4,"isVote":1,"tweetType":1,"viewCount":2079,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":888972853,"gmtCreate":1631428069172,"gmtModify":1631889582395,"author":{"id":"3574305354088443","authorId":"3574305354088443","name":"Luke19","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574305354088443","authorIdStr":"3574305354088443"},"themes":[],"title":"","htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/888972853","repostId":"1101906502","repostType":4,"repost":{"id":"1101906502","kind":"news","pubTimestamp":1631407634,"share":"https://www.laohunote.com/m/news/1101906502?lang=zh_CN&edition=full","pubTime":"2021-09-12 08:47","market":"us","language":"en","title":"Buy or Sell Apple Stock Ahead of iPhone Event?<blockquote>在 iPhone 发布会前买卖苹果股票？</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1101906502","media":"TheStreet","summary":"Apple stock was under pressure on Friday, with its iPhone event just days away. Here's how to trade the stock from here.Shares of Apple Report fell $5.10, or 3.31%, to end at $148.97 Friday, as investors digested recent news and prepared for the iPhone event next week.On Sept. 14, the company will hold a virtual event to introduce the new device. Dubbed “California Streaming,” it’s expected that Apple will introduce its new iPhone and Apple Watch.However, Apple remains in the news for other reas","content":"<p>Apple stock was under pressure on Friday, with its iPhone event just days away. Here's how to trade the stock from here.</p><p><blockquote>苹果股价周五承压，距离 iPhone 发布会仅剩几天时间。以下是如何从这里交易股票。</blockquote></p><p> Shares of Apple&nbsp;Report&nbsp;fell $5.10, or 3.31%, to end at $148.97 Friday, as investors digested recent news and prepared for the iPhone event next week.</p><p><blockquote>由于投资者消化近期消息并为下周的 iPhone 发布会做准备，苹果报告股价周五下跌 5.10 美元，跌幅 3.31%，收于 148.97 美元。</blockquote></p><p> On Sept. 14, the company will&nbsp;hold a virtual event to introduce&nbsp;the new device. Dubbed “California Streaming,” it’s expected that Apple will introduce its new iPhone and Apple Watch.</p><p><blockquote>9月14日，该公司将举办一场虚拟活动来介绍这款新设备。被称为 “加州流媒体 ”的苹果预计将推出新款 iPhone 和苹果手表。</blockquote></p><p> However, Apple remains in the news for other reasons, too.</p><p><blockquote>然而，苹果也因为其他原因出现在新闻中。</blockquote></p><p> After hitting new highs earlier this week, the stock declined Friday after news of a court ruling&nbsp;in its case with Epic Games.</p><p><blockquote>在本周早些时候创下新高后，在法院对其与 Epic Games 的案件做出裁决的消息传出后，该股周五下跌。</blockquote></p><p> That’s alongside a report that was published by well-known Morgan Stanley analyst Katy Huberty, who made the case that Apple stock&nbsp;is “compelling” ahead of its upcoming event.</p><p><blockquote>与此同时，摩根士丹利著名分析师凯蒂-休伯蒂（Katy Huberty）发表了一份报告，她认为苹果的股票在即将到来的事件之前 “引人注目”。</blockquote></p><p> Like I said, it’s a lot of information for investors to digest. Let’s take a look at how the charts are setting up.</p><p><blockquote>就像我说的，投资者需要消化大量信息。让我们来看看图表是如何设置的。</blockquote></p><p> <b>Trading Apple Stock</b></p><p><blockquote><b>交易苹果股票</b></blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/bd94f6dcfc32af44a4ae542425f3c92f\" tg-width=\"700\" tg-height=\"429\" width=\"100%\" height=\"auto\"><span>Daily chart of Apple stock.</span></p><p><blockquote><p class=\"t-img-caption\"><span>苹果股票日线图。</span></p></blockquote></p><p> Each time Apple has reported earnings this year, it has resulted in a selloff. Unfortunately, those selloffs would come right as the stock was at or near all-time highs. Those events are marked on the chart with blue arrows.</p><p><blockquote>苹果今年每次公布财报，都会导致抛售。不幸的是，这些抛售恰逢该股处于或接近历史高点。这些事件在图表上用蓝色箭头标记。</blockquote></p><p> It was even more frustrating that Apple&nbsp;blew out analysts’ expectations each time, yet the stock sold off anyway.</p><p><blockquote>更令人沮丧的是，苹果每次都超出了分析师的预期，但该股还是遭到了抛售。</blockquote></p><p> However, rather than a massive dip following the most recent report, the stock only pulled back to the $145 area, near the prior high. It also held the 21-day moving average as support.</p><p><blockquote>然而，在最近的报告发布后，该股并没有大幅下跌，而是回落至 145 美元区域，接近之前的高点。它还持有 21 日移动平均线作为支撑。</blockquote></p><p> The stock has since pushed up through $150 and earlier this week, hit new all-time highs.</p><p><blockquote>此后，该股已突破 150 美元，并在本周早些时候创下历史新高。</blockquote></p><p> For now, we’re getting a dip back down to the key $150 area and the 21-day moving average. Aggressive bulls can buy this dip ahead of the company’s event on Tuesday.</p><p><blockquote>目前，我们将回落至关键的 150 美元区域和 21 日移动平均线。在该公司周二活动之前，激进的多头可以买入这一下跌。</blockquote></p><p> If we break Friday’s low, investors may consider stopping out of the trade and buying on a potentially larger dip down to the 50-day moving average or the $145 area.</p><p><blockquote>如果我们突破周五的低点，投资者可能会考虑停止交易，并在可能跌至 50 日移动平均线或 145 美元区域时买入。</blockquote></p><p> Below $145 may put the $138 level and the 200-day moving average in play.</p><p><blockquote>低于 145 美元可能会触及 138 美元水平和 200 天移动平均线。</blockquote></p><p> Should Apple trade up through the all-time high at $157.26, the 161.8% extension is in play up near $160. Above that mark could put the $172 to $175 zone on the table, depending on how investors react to the event.</p><p><blockquote>如果苹果交易突破157.26美元的历史高点，161.8%的延期将在160美元附近发挥作用。高于该关口可能会出现 172 美元至 175 美元的区域，具体取决于投资者对该事件的反应。</blockquote></p><p> For what it’s worth, September is by far Apple’s worst-performing month, up just three of the last 11 years for the month.</p><p><blockquote>值得一提的是，9 月份是苹果迄今为止表现最差的月份，在过去 11 年中，9 月份的表现仅为 3 月份。</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>Buy or Sell Apple Stock Ahead of iPhone Event?<blockquote>在 iPhone 发布会前买卖苹果股票？</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\">\nBuy or Sell Apple Stock Ahead of iPhone Event?<blockquote>在 iPhone 发布会前买卖苹果股票？</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">TheStreet</strong><span class=\"h-time small\">2021-09-12 08:47</span>\n</p>\n</h4>\n</header>\n<article>\n<p>Apple stock was under pressure on Friday, with its iPhone event just days away. Here's how to trade the stock from here.</p><p><blockquote>苹果股价周五承压，距离 iPhone 发布会仅剩几天时间。以下是如何从这里交易股票。</blockquote></p><p> Shares of Apple&nbsp;Report&nbsp;fell $5.10, or 3.31%, to end at $148.97 Friday, as investors digested recent news and prepared for the iPhone event next week.</p><p><blockquote>由于投资者消化近期消息并为下周的 iPhone 发布会做准备，苹果报告股价周五下跌 5.10 美元，跌幅 3.31%，收于 148.97 美元。</blockquote></p><p> On Sept. 14, the company will&nbsp;hold a virtual event to introduce&nbsp;the new device. Dubbed “California Streaming,” it’s expected that Apple will introduce its new iPhone and Apple Watch.</p><p><blockquote>9月14日，该公司将举办一场虚拟活动来介绍这款新设备。被称为 “加州流媒体 ”的苹果预计将推出新款 iPhone 和苹果手表。</blockquote></p><p> However, Apple remains in the news for other reasons, too.</p><p><blockquote>然而，苹果也因为其他原因出现在新闻中。</blockquote></p><p> After hitting new highs earlier this week, the stock declined Friday after news of a court ruling&nbsp;in its case with Epic Games.</p><p><blockquote>在本周早些时候创下新高后，在法院对其与 Epic Games 的案件做出裁决的消息传出后，该股周五下跌。</blockquote></p><p> That’s alongside a report that was published by well-known Morgan Stanley analyst Katy Huberty, who made the case that Apple stock&nbsp;is “compelling” ahead of its upcoming event.</p><p><blockquote>与此同时，摩根士丹利著名分析师凯蒂-休伯蒂（Katy Huberty）发表了一份报告，她认为苹果的股票在即将到来的事件之前 “引人注目”。</blockquote></p><p> Like I said, it’s a lot of information for investors to digest. Let’s take a look at how the charts are setting up.</p><p><blockquote>就像我说的，投资者需要消化大量信息。让我们来看看图表是如何设置的。</blockquote></p><p> <b>Trading Apple Stock</b></p><p><blockquote><b>交易苹果股票</b></blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/bd94f6dcfc32af44a4ae542425f3c92f\" tg-width=\"700\" tg-height=\"429\" width=\"100%\" height=\"auto\"><span>Daily chart of Apple stock.</span></p><p><blockquote><p class=\"t-img-caption\"><span>苹果股票日线图。</span></p></blockquote></p><p> Each time Apple has reported earnings this year, it has resulted in a selloff. Unfortunately, those selloffs would come right as the stock was at or near all-time highs. Those events are marked on the chart with blue arrows.</p><p><blockquote>苹果今年每次公布财报，都会导致抛售。不幸的是，这些抛售恰逢该股处于或接近历史高点。这些事件在图表上用蓝色箭头标记。</blockquote></p><p> It was even more frustrating that Apple&nbsp;blew out analysts’ expectations each time, yet the stock sold off anyway.</p><p><blockquote>更令人沮丧的是，苹果每次都超出了分析师的预期，但该股还是遭到了抛售。</blockquote></p><p> However, rather than a massive dip following the most recent report, the stock only pulled back to the $145 area, near the prior high. It also held the 21-day moving average as support.</p><p><blockquote>然而，在最近的报告发布后，该股并没有大幅下跌，而是回落至 145 美元区域，接近之前的高点。它还持有 21 日移动平均线作为支撑。</blockquote></p><p> The stock has since pushed up through $150 and earlier this week, hit new all-time highs.</p><p><blockquote>此后，该股已突破 150 美元，并在本周早些时候创下历史新高。</blockquote></p><p> For now, we’re getting a dip back down to the key $150 area and the 21-day moving average. Aggressive bulls can buy this dip ahead of the company’s event on Tuesday.</p><p><blockquote>目前，我们将回落至关键的 150 美元区域和 21 日移动平均线。在该公司周二活动之前，激进的多头可以买入这一下跌。</blockquote></p><p> If we break Friday’s low, investors may consider stopping out of the trade and buying on a potentially larger dip down to the 50-day moving average or the $145 area.</p><p><blockquote>如果我们突破周五的低点，投资者可能会考虑停止交易，并在可能跌至 50 日移动平均线或 145 美元区域时买入。</blockquote></p><p> Below $145 may put the $138 level and the 200-day moving average in play.</p><p><blockquote>低于 145 美元可能会触及 138 美元水平和 200 天移动平均线。</blockquote></p><p> Should Apple trade up through the all-time high at $157.26, the 161.8% extension is in play up near $160. Above that mark could put the $172 to $175 zone on the table, depending on how investors react to the event.</p><p><blockquote>如果苹果交易突破157.26美元的历史高点，161.8%的延期将在160美元附近发挥作用。高于该关口可能会出现 172 美元至 175 美元的区域，具体取决于投资者对该事件的反应。</blockquote></p><p> For what it’s worth, September is by far Apple’s worst-performing month, up just three of the last 11 years for the month.</p><p><blockquote>值得一提的是，9 月份是苹果迄今为止表现最差的月份，在过去 11 年中，9 月份的表现仅为 3 月份。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.thestreet.com/investing/trading-apple-aapl-stock-ahead-of-iphone13-event\">TheStreet</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果"},"source_url":"https://www.thestreet.com/investing/trading-apple-aapl-stock-ahead-of-iphone13-event","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1101906502","content_text":"Apple stock was under pressure on Friday, with its iPhone event just days away. Here's how to trade the stock from here.\nShares of Apple Report fell $5.10, or 3.31%, to end at $148.97 Friday, as investors digested recent news and prepared for the iPhone event next week.\nOn Sept. 14, the company will hold a virtual event to introduce the new device. Dubbed “California Streaming,” it’s expected that Apple will introduce its new iPhone and Apple Watch.\nHowever, Apple remains in the news for other reasons, too.\nAfter hitting new highs earlier this week, the stock declined Friday after news of a court ruling in its case with Epic Games.\nThat’s alongside a report that was published by well-known Morgan Stanley analyst Katy Huberty, who made the case that Apple stock is “compelling” ahead of its upcoming event.\nLike I said, it’s a lot of information for investors to digest. Let’s take a look at how the charts are setting up.\nTrading Apple Stock\nDaily chart of Apple stock.\nEach time Apple has reported earnings this year, it has resulted in a selloff. Unfortunately, those selloffs would come right as the stock was at or near all-time highs. Those events are marked on the chart with blue arrows.\nIt was even more frustrating that Apple blew out analysts’ expectations each time, yet the stock sold off anyway.\nHowever, rather than a massive dip following the most recent report, the stock only pulled back to the $145 area, near the prior high. It also held the 21-day moving average as support.\nThe stock has since pushed up through $150 and earlier this week, hit new all-time highs.\nFor now, we’re getting a dip back down to the key $150 area and the 21-day moving average. Aggressive bulls can buy this dip ahead of the company’s event on Tuesday.\nIf we break Friday’s low, investors may consider stopping out of the trade and buying on a potentially larger dip down to the 50-day moving average or the $145 area.\nBelow $145 may put the $138 level and the 200-day moving average in play.\nShould Apple trade up through the all-time high at $157.26, the 161.8% extension is in play up near $160. Above that mark could put the $172 to $175 zone on the table, depending on how investors react to the event.\nFor what it’s worth, September is by far Apple’s worst-performing month, up just three of the last 11 years for the month.","news_type":1,"symbols_score_info":{"AAPL":0.9}},"isVote":1,"tweetType":1,"viewCount":2059,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":151977031,"gmtCreate":1625062844523,"gmtModify":1631889582398,"author":{"id":"3574305354088443","authorId":"3574305354088443","name":"Luke19","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574305354088443","authorIdStr":"3574305354088443"},"themes":[],"title":"","htmlText":"Aight&nbsp;","listText":"Aight&nbsp;","text":"Aight","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/151977031","repostId":"2147139718","repostType":4,"isVote":1,"tweetType":1,"viewCount":3217,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":127203141,"gmtCreate":1624848909183,"gmtModify":1631889582407,"author":{"id":"3574305354088443","authorId":"3574305354088443","name":"Luke19","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574305354088443","authorIdStr":"3574305354088443"},"themes":[],"title":"","htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/127203141","repostId":"2146007118","repostType":4,"isVote":1,"tweetType":1,"viewCount":2059,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":126639735,"gmtCreate":1624556566027,"gmtModify":1631889582409,"author":{"id":"3574305354088443","authorId":"3574305354088443","name":"Luke19","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574305354088443","authorIdStr":"3574305354088443"},"themes":[],"title":"","htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/126639735","repostId":"1159660883","repostType":4,"isVote":1,"tweetType":1,"viewCount":2547,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":162719914,"gmtCreate":1624075354938,"gmtModify":1631889582413,"author":{"id":"3574305354088443","authorId":"3574305354088443","name":"Luke19","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574305354088443","authorIdStr":"3574305354088443"},"themes":[],"title":"","htmlText":"Hmm","listText":"Hmm","text":"Hmm","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/162719914","repostId":"1138062216","repostType":4,"isVote":1,"tweetType":1,"viewCount":2068,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":161498952,"gmtCreate":1623937393276,"gmtModify":1631889582421,"author":{"id":"3574305354088443","authorId":"3574305354088443","name":"Luke19","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574305354088443","authorIdStr":"3574305354088443"},"themes":[],"title":"","htmlText":"L&amp;C 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17:54","market":"us","language":"en","title":"AMC Stock Is Surging Again. How to Make Sense of the Move.<blockquote>AMC 股价再次飙升。如何理解这一举动？</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1188552613","media":"Barrons","summary":"AMC Entertainment‘s skyrocketing stock price would be easy to dismiss as just meme-trade madness, th","content":"<p>AMC Entertainment‘s skyrocketing stock price would be easy to dismiss as just meme-trade madness, that social media-fueled investor frenzy that has launched the likes of&nbsp;GameStop&nbsp;and&nbsp;BlackBerry&nbsp;into speculative territory.</p><p><blockquote>AMC院线飙升的股价很容易被视为只是迷因交易的疯狂，这种社交媒体引发的投资者狂热已经将游戏驿站和黑莓等公司推入了投机领域。</blockquote></p><p> But it’s possible that traditional investors have missed a fundamental change in the movie theater business—and it wouldn’t be the first time.</p><p><blockquote>但传统投资者有可能错过了电影院行业的根本性变革--这也不是第一次了。</blockquote></p><p> Shares of AMC (ticker: AMC) surged 23% on Tuesday, closing at $32.04—just off an all-time high of $36.72 set in late May. That puts the movie-theater chain’s market capitalization at roughly $16 billion, more than 15 times what it was in 2018, a record-breaking year at the box office.&nbsp;Shares were up another 34%, to $42.92, in premarket trading Wednesday.</p><p><blockquote>AMC（股票代码：AMC）股价周二飙升 23%，收于 32.04 美元，略低于 5 月下旬创下的 36.72 美元的历史高点。这使得这家连锁影院的市值约为 160 亿美元，是 2018 年的 15 倍多，2018 年是票房创纪录的一年。在周三的盘前交易中，该公司股价又上涨了 34%，至 42.92 美元。</blockquote></p><p> Even if investors missed an inflection point, though, the math doesn’t add up. The reason might be that market cap isn’t the right measure. Maybe it’s enterprise value, which is essentially market cap and debt. AMC’s enterprise value is about $26 billion, compared with $6.2 billion or so at the end of 2018.</p><p><blockquote>不过，即使投资者错过了拐点，数学也不会相加。原因可能是市值不是正确的衡量标准。也许是企业价值，本质上就是市值和债务。AMC 的企业价值约为 260 亿美元，而 2018 年底约为 62 亿美元。</blockquote></p><p> AMC added debt during the pandemic as theaters in the country’s biggest cities were dark for months. And the numbers make it easy to understand why: The U.S. box office in 2020 generated about $2.1 billion in ticket sales, down 81% from the 2018 record of $11.9 billion.</p><p><blockquote>由于全国最大城市的影院几个月来一直处于黑暗状态，AMC 在大流行病期间增加了债务。这些数字很容易理解为什么：2020年美国票房产生了约21亿美元的门票销售额，比2018年创纪录的119亿美元下降了81%。</blockquote></p><p> So, it seems investors have been vexed by movie theater economics. But it wouldn’t be the first time. The industry essentially went belly up at the turn of the millennium. Regal Cinemas, for instance, declared bankruptcy in 2001.</p><p><blockquote>因此，投资者似乎对电影院经济感到困扰。但这并不是第一次。这个行业在千禧年之交基本上崩溃了。例如，富豪影院于2001年宣布破产。</blockquote></p><p> Back then, the industry had plenty of capacity because of a new theater design—stadium seating that gave a better view of the screen. That shift meant movie theater chains had to renovate or risk losing all their patrons to movie theaters that offered the better view. In the end, too many seats and not enough patrons meant the return on the stadium-seating investments never materialized.</p><p><blockquote>当时，由于一种新的剧院设计——体育场座椅可以提供更好的屏幕视野，该行业有足够的容量。这种转变意味着连锁电影院不得不翻新，否则就有可能失去所有顾客，转而去视野更好的电影院。最终，太多的座位和不够的顾客意味着体育场座位投资的回报从未实现。</blockquote></p><p> The upshot was consolidation. With fewer operators, the number of screens stabilized. Between 2002 and 2007, Regal Cinemas became a cash-generating machine because the stock was mispriced. The stock returned 21% a year on average. The S&amp;P 500 and Dow Jones Industrial Average both returned less than 9% a year on average over the same period.</p><p><blockquote>结果是整合。随着操作员的减少，屏幕数量趋于稳定。2002年至2007年间，富豪影院成为一台赚钱机器，因为股票定价错误。该股平均年回报率为 21%。同期，标普500和道琼斯工业平均指数的平均年回报率均低于 9%。</blockquote></p><p> In those days, Regal Cinema’s enterprise value about $5 billion, or about 50% of total U.S. box office sales. That’s far short of AMC today. Something new has to be different for AMC to be worth it.</p><p><blockquote>当时，富豪影院的企业价值约为 50 亿美元，约占美国总票房的 50%。这与今天的 AMC 相去甚远。对于 AMC 来说，新的东西必须与众不同才有价值。</blockquote></p><p> Maybe the movie theater business is going to go through another period of consolidation, which can usher in another golden age of returns. AMC’s Tuesday gains, in fact, were catalyzed by new capital raised so the company could go on the offensive, acquiring defunct chains. Monopolies, after all, can be good for stock returns.</p><p><blockquote>或许影院业务又将经历一段盘整期，或许会迎来另一个回报的黄金时代。事实上，AMC 周二的涨幅是由新筹集的资金推动的，这样该公司就可以发动攻势，收购倒闭的连锁店。毕竟，垄断有利于股票回报。</blockquote></p><p> If AMC can increase market share and the U.S. box office sales can return to 2018 levels in a few years, total sales at might be $9 billion—$6 billion from tickets and $3 billion from concessions. Sales in 2018 amounted to $5.5 billion.</p><p><blockquote>如果AMC能够增加市场份额，并且美国票房能够在几年内恢复到2018年的水平，at的总销售额可能达到90亿美元——60亿美元来自门票，30亿美元来自特许经营。2018年销售额达55亿美元。</blockquote></p><p> Then, with better gross profit margins derived from larger scale, AMC might be able to generate $600 million in free cash flow annually, which puts the stock at about a 4% free cash flow yield. The S&amp;P 500 trades for about a 3% free cash flow yield. The numbers can work—if they’re stretched.</p><p><blockquote>然后，凭借更大的规模带来的更好的毛利率，AMC 每年可能能够产生 6 亿美元的自由现金流，这使得该股的自由现金流收益率约为 4%。标普500的自由现金流收益率约为 3%。这些数字是可以起作用的--如果它们被拉伸的话。</blockquote></p><p> There are problems with this scenario, though. There are lots of ifs and mights—and AMC has never generated cash flow like that in the past. Arriving at $600 million in free cash flow is more about justifying current valuations than predicting what is likely.</p><p><blockquote>不过，这种情况也存在问题。有很多如果和可能——而 AMC 过去从未产生过这样的现金流。达到 6 亿美元的自由现金流更多的是为了证明当前估值的合理性，而不是预测可能发生的情况。</blockquote></p><p> Also, with mergers and acquisitions, AMC market shares might rise, but there are still competitors. Regal Cinemas is still out there, owned by Cineworld Holdings (CINE. London). So is Cinemark (CNK). There’s not a true monopoly.</p><p><blockquote>此外，随着并购，AMC 市场份额可能会上升，但仍然存在竞争对手。富豪影院仍然存在，由电影世界控股公司（Cine.London）所有。Cinemark (CNK) 也是。不存在真正的垄断。</blockquote></p><p> AMC and its peers have to deal with streaming, too. Windows for exclusive theater showings are shrinking. The pandemic has accelerated that. And if AMC gets too large and demanding for movie makers, the talent can always go to streaming faster, hurting box office sales.</p><p><blockquote>AMC 及其同行也必须处理流媒体问题。独家影院放映的窗口正在缩小。疫情加速了这一进程。如果AMC变得太大，对电影制作人的要求太高，人才总是可以更快地流向流媒体，从而损害票房销售。</blockquote></p><p> There is also the problem of the peer stocks. They aren’t trading like this is a brave new world for theaters. Cineworld stock is up 484% from its 52-week low, but shares are still off 72% from all-time highs. Cinemark shares are up 222% from their 52-week low. They are down 47% from their all-time high.</p><p><blockquote>还有同行股的问题。他们不会像这样交易，这对剧院来说是一个勇敢的新世界。Cineworld 股价较 52 周低点上涨 484%，但仍较历史高点下跌 72%。Cinemark 股价较 52 周低点上涨 222%。它们比历史高点下降了47%。</blockquote></p><p> AMC stock, again, is up almost 1,600% from its 52-week low and is down just 13% from its May all-time high.</p><p><blockquote>AMC 股价再次较 52 周低点上涨近 1,600%，较 5 月份的历史高点仅下跌 13%。</blockquote></p><p> Wall Street just doesn’t see the potential either. Nine analysts cover the stock. The average analyst price target is about $5. Before the pandemic, the average analyst price target was $15. But there were fewer shares back then. The old target enterprise value was roughly $7 billion. It’s tough to get from $7 billion to $26 billion predicting better margins.</p><p><blockquote>华尔街也看不到这种潜力。九名分析师研究了该股。分析师的平均目标价约为 5 美元。在大流行之前，分析师的平均目标价为 15 美元。但当时的股份较少。旧目标企业价值约为70亿美元。从 70 亿美元到 260 亿美元很难预测更好的利润率。</blockquote></p><p></p><p> Analysts do have positive free cash flow modeled, though–$13 million in 2022 and $90 million in 2023. That’s a long way from $600 million.</p><p><blockquote>不过，分析师确实模拟了正的自由现金流——2022 年为 1300 万美元，2023 年为 9000 万美元。这距离 6 亿美元还有很长的路要走。</blockquote></p><p> And that’s just another way of saying that AMC bulls are a long way from making the math work.</p><p><blockquote>这只是另一种说法，即 AMC 看涨者离计算成功还有很长的路要走。</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>AMC Stock Is Surging Again. How to Make Sense of the Move.<blockquote>AMC 股价再次飙升。如何理解这一举动？</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\">\nAMC Stock Is Surging Again. How to Make Sense of the Move.<blockquote>AMC 股价再次飙升。如何理解这一举动？</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Barrons</strong><span class=\"h-time small\">2021-06-02 17:54</span>\n</p>\n</h4>\n</header>\n<article>\n<p>AMC Entertainment‘s skyrocketing stock price would be easy to dismiss as just meme-trade madness, that social media-fueled investor frenzy that has launched the likes of&nbsp;GameStop&nbsp;and&nbsp;BlackBerry&nbsp;into speculative territory.</p><p><blockquote>AMC院线飙升的股价很容易被视为只是迷因交易的疯狂，这种社交媒体引发的投资者狂热已经将游戏驿站和黑莓等公司推入了投机领域。</blockquote></p><p> But it’s possible that traditional investors have missed a fundamental change in the movie theater business—and it wouldn’t be the first time.</p><p><blockquote>但传统投资者有可能错过了电影院行业的根本性变革--这也不是第一次了。</blockquote></p><p> Shares of AMC (ticker: AMC) surged 23% on Tuesday, closing at $32.04—just off an all-time high of $36.72 set in late May. That puts the movie-theater chain’s market capitalization at roughly $16 billion, more than 15 times what it was in 2018, a record-breaking year at the box office.&nbsp;Shares were up another 34%, to $42.92, in premarket trading Wednesday.</p><p><blockquote>AMC（股票代码：AMC）股价周二飙升 23%，收于 32.04 美元，略低于 5 月下旬创下的 36.72 美元的历史高点。这使得这家连锁影院的市值约为 160 亿美元，是 2018 年的 15 倍多，2018 年是票房创纪录的一年。在周三的盘前交易中，该公司股价又上涨了 34%，至 42.92 美元。</blockquote></p><p> Even if investors missed an inflection point, though, the math doesn’t add up. The reason might be that market cap isn’t the right measure. Maybe it’s enterprise value, which is essentially market cap and debt. AMC’s enterprise value is about $26 billion, compared with $6.2 billion or so at the end of 2018.</p><p><blockquote>不过，即使投资者错过了拐点，数学也不会相加。原因可能是市值不是正确的衡量标准。也许是企业价值，本质上就是市值和债务。AMC 的企业价值约为 260 亿美元，而 2018 年底约为 62 亿美元。</blockquote></p><p> AMC added debt during the pandemic as theaters in the country’s biggest cities were dark for months. And the numbers make it easy to understand why: The U.S. box office in 2020 generated about $2.1 billion in ticket sales, down 81% from the 2018 record of $11.9 billion.</p><p><blockquote>由于全国最大城市的影院几个月来一直处于黑暗状态，AMC 在大流行病期间增加了债务。这些数字很容易理解为什么：2020年美国票房产生了约21亿美元的门票销售额，比2018年创纪录的119亿美元下降了81%。</blockquote></p><p> So, it seems investors have been vexed by movie theater economics. But it wouldn’t be the first time. The industry essentially went belly up at the turn of the millennium. Regal Cinemas, for instance, declared bankruptcy in 2001.</p><p><blockquote>因此，投资者似乎对电影院经济感到困扰。但这并不是第一次。这个行业在千禧年之交基本上崩溃了。例如，富豪影院于2001年宣布破产。</blockquote></p><p> Back then, the industry had plenty of capacity because of a new theater design—stadium seating that gave a better view of the screen. That shift meant movie theater chains had to renovate or risk losing all their patrons to movie theaters that offered the better view. In the end, too many seats and not enough patrons meant the return on the stadium-seating investments never materialized.</p><p><blockquote>当时，由于一种新的剧院设计——体育场座椅可以提供更好的屏幕视野，该行业有足够的容量。这种转变意味着连锁电影院不得不翻新，否则就有可能失去所有顾客，转而去视野更好的电影院。最终，太多的座位和不够的顾客意味着体育场座位投资的回报从未实现。</blockquote></p><p> The upshot was consolidation. With fewer operators, the number of screens stabilized. Between 2002 and 2007, Regal Cinemas became a cash-generating machine because the stock was mispriced. The stock returned 21% a year on average. The S&amp;P 500 and Dow Jones Industrial Average both returned less than 9% a year on average over the same period.</p><p><blockquote>结果是整合。随着操作员的减少，屏幕数量趋于稳定。2002年至2007年间，富豪影院成为一台赚钱机器，因为股票定价错误。该股平均年回报率为 21%。同期，标普500和道琼斯工业平均指数的平均年回报率均低于 9%。</blockquote></p><p> In those days, Regal Cinema’s enterprise value about $5 billion, or about 50% of total U.S. box office sales. That’s far short of AMC today. Something new has to be different for AMC to be worth it.</p><p><blockquote>当时，富豪影院的企业价值约为 50 亿美元，约占美国总票房的 50%。这与今天的 AMC 相去甚远。对于 AMC 来说，新的东西必须与众不同才有价值。</blockquote></p><p> Maybe the movie theater business is going to go through another period of consolidation, which can usher in another golden age of returns. AMC’s Tuesday gains, in fact, were catalyzed by new capital raised so the company could go on the offensive, acquiring defunct chains. Monopolies, after all, can be good for stock returns.</p><p><blockquote>或许影院业务又将经历一段盘整期，或许会迎来另一个回报的黄金时代。事实上，AMC 周二的涨幅是由新筹集的资金推动的，这样该公司就可以发动攻势，收购倒闭的连锁店。毕竟，垄断有利于股票回报。</blockquote></p><p> If AMC can increase market share and the U.S. box office sales can return to 2018 levels in a few years, total sales at might be $9 billion—$6 billion from tickets and $3 billion from concessions. Sales in 2018 amounted to $5.5 billion.</p><p><blockquote>如果AMC能够增加市场份额，并且美国票房能够在几年内恢复到2018年的水平，at的总销售额可能达到90亿美元——60亿美元来自门票，30亿美元来自特许经营。2018年销售额达55亿美元。</blockquote></p><p> Then, with better gross profit margins derived from larger scale, AMC might be able to generate $600 million in free cash flow annually, which puts the stock at about a 4% free cash flow yield. The S&amp;P 500 trades for about a 3% free cash flow yield. The numbers can work—if they’re stretched.</p><p><blockquote>然后，凭借更大的规模带来的更好的毛利率，AMC 每年可能能够产生 6 亿美元的自由现金流，这使得该股的自由现金流收益率约为 4%。标普500的自由现金流收益率约为 3%。这些数字是可以起作用的--如果它们被拉伸的话。</blockquote></p><p> There are problems with this scenario, though. There are lots of ifs and mights—and AMC has never generated cash flow like that in the past. Arriving at $600 million in free cash flow is more about justifying current valuations than predicting what is likely.</p><p><blockquote>不过，这种情况也存在问题。有很多如果和可能——而 AMC 过去从未产生过这样的现金流。达到 6 亿美元的自由现金流更多的是为了证明当前估值的合理性，而不是预测可能发生的情况。</blockquote></p><p> Also, with mergers and acquisitions, AMC market shares might rise, but there are still competitors. Regal Cinemas is still out there, owned by Cineworld Holdings (CINE. London). So is Cinemark (CNK). There’s not a true monopoly.</p><p><blockquote>此外，随着并购，AMC 市场份额可能会上升，但仍然存在竞争对手。富豪影院仍然存在，由电影世界控股公司（Cine.London）所有。Cinemark (CNK) 也是。不存在真正的垄断。</blockquote></p><p> AMC and its peers have to deal with streaming, too. Windows for exclusive theater showings are shrinking. The pandemic has accelerated that. And if AMC gets too large and demanding for movie makers, the talent can always go to streaming faster, hurting box office sales.</p><p><blockquote>AMC 及其同行也必须处理流媒体问题。独家影院放映的窗口正在缩小。疫情加速了这一进程。如果AMC变得太大，对电影制作人的要求太高，人才总是可以更快地流向流媒体，从而损害票房销售。</blockquote></p><p> There is also the problem of the peer stocks. They aren’t trading like this is a brave new world for theaters. Cineworld stock is up 484% from its 52-week low, but shares are still off 72% from all-time highs. Cinemark shares are up 222% from their 52-week low. They are down 47% from their all-time high.</p><p><blockquote>还有同行股的问题。他们不会像这样交易，这对剧院来说是一个勇敢的新世界。Cineworld 股价较 52 周低点上涨 484%，但仍较历史高点下跌 72%。Cinemark 股价较 52 周低点上涨 222%。它们比历史高点下降了47%。</blockquote></p><p> AMC stock, again, is up almost 1,600% from its 52-week low and is down just 13% from its May all-time high.</p><p><blockquote>AMC 股价再次较 52 周低点上涨近 1,600%，较 5 月份的历史高点仅下跌 13%。</blockquote></p><p> Wall Street just doesn’t see the potential either. Nine analysts cover the stock. The average analyst price target is about $5. Before the pandemic, the average analyst price target was $15. But there were fewer shares back then. The old target enterprise value was roughly $7 billion. It’s tough to get from $7 billion to $26 billion predicting better margins.</p><p><blockquote>华尔街也看不到这种潜力。九名分析师研究了该股。分析师的平均目标价约为 5 美元。在大流行之前，分析师的平均目标价为 15 美元。但当时的股份较少。旧目标企业价值约为70亿美元。从 70 亿美元到 260 亿美元很难预测更好的利润率。</blockquote></p><p></p><p> Analysts do have positive free cash flow modeled, though–$13 million in 2022 and $90 million in 2023. That’s a long way from $600 million.</p><p><blockquote>不过，分析师确实模拟了正的自由现金流——2022 年为 1300 万美元，2023 年为 9000 万美元。这距离 6 亿美元还有很长的路要走。</blockquote></p><p> And that’s just another way of saying that AMC bulls are a long way from making the math work.</p><p><blockquote>这只是另一种说法，即 AMC 看涨者离计算成功还有很长的路要走。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.barrons.com/articles/amc-rockets-higher-is-it-worth-it-maybe-51622594691?mod=hp_LEAD_1\">Barrons</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AMC":"AMC院线"},"source_url":"https://www.barrons.com/articles/amc-rockets-higher-is-it-worth-it-maybe-51622594691?mod=hp_LEAD_1","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1188552613","content_text":"AMC Entertainment‘s skyrocketing stock price would be easy to dismiss as just meme-trade madness, that social media-fueled investor frenzy that has launched the likes of GameStop and BlackBerry into speculative territory.\nBut it’s possible that traditional investors have missed a fundamental change in the movie theater business—and it wouldn’t be the first time.\nShares of AMC (ticker: AMC) surged 23% on Tuesday, closing at $32.04—just off an all-time high of $36.72 set in late May. That puts the movie-theater chain’s market capitalization at roughly $16 billion, more than 15 times what it was in 2018, a record-breaking year at the box office. Shares were up another 34%, to $42.92, in premarket trading Wednesday.\nEven if investors missed an inflection point, though, the math doesn’t add up. The reason might be that market cap isn’t the right measure. Maybe it’s enterprise value, which is essentially market cap and debt. AMC’s enterprise value is about $26 billion, compared with $6.2 billion or so at the end of 2018.\nAMC added debt during the pandemic as theaters in the country’s biggest cities were dark for months. And the numbers make it easy to understand why: The U.S. box office in 2020 generated about $2.1 billion in ticket sales, down 81% from the 2018 record of $11.9 billion.\nSo, it seems investors have been vexed by movie theater economics. But it wouldn’t be the first time. The industry essentially went belly up at the turn of the millennium. Regal Cinemas, for instance, declared bankruptcy in 2001.\nBack then, the industry had plenty of capacity because of a new theater design—stadium seating that gave a better view of the screen. That shift meant movie theater chains had to renovate or risk losing all their patrons to movie theaters that offered the better view. In the end, too many seats and not enough patrons meant the return on the stadium-seating investments never materialized.\nThe upshot was consolidation. With fewer operators, the number of screens stabilized. Between 2002 and 2007, Regal Cinemas became a cash-generating machine because the stock was mispriced. The stock returned 21% a year on average. The S&P 500 and Dow Jones Industrial Average both returned less than 9% a year on average over the same period.\nIn those days, Regal Cinema’s enterprise value about $5 billion, or about 50% of total U.S. box office sales. That’s far short of AMC today. Something new has to be different for AMC to be worth it.\nMaybe the movie theater business is going to go through another period of consolidation, which can usher in another golden age of returns. AMC’s Tuesday gains, in fact, were catalyzed by new capital raised so the company could go on the offensive, acquiring defunct chains. Monopolies, after all, can be good for stock returns.\nIf AMC can increase market share and the U.S. box office sales can return to 2018 levels in a few years, total sales at might be $9 billion—$6 billion from tickets and $3 billion from concessions. Sales in 2018 amounted to $5.5 billion.\nThen, with better gross profit margins derived from larger scale, AMC might be able to generate $600 million in free cash flow annually, which puts the stock at about a 4% free cash flow yield. The S&P 500 trades for about a 3% free cash flow yield. The numbers can work—if they’re stretched.\nThere are problems with this scenario, though. There are lots of ifs and mights—and AMC has never generated cash flow like that in the past. Arriving at $600 million in free cash flow is more about justifying current valuations than predicting what is likely.\nAlso, with mergers and acquisitions, AMC market shares might rise, but there are still competitors. Regal Cinemas is still out there, owned by Cineworld Holdings (CINE. London). So is Cinemark (CNK). There’s not a true monopoly.\nAMC and its peers have to deal with streaming, too. Windows for exclusive theater showings are shrinking. The pandemic has accelerated that. And if AMC gets too large and demanding for movie makers, the talent can always go to streaming faster, hurting box office sales.\nThere is also the problem of the peer stocks. They aren’t trading like this is a brave new world for theaters. Cineworld stock is up 484% from its 52-week low, but shares are still off 72% from all-time highs. Cinemark shares are up 222% from their 52-week low. They are down 47% from their all-time high.\nAMC stock, again, is up almost 1,600% from its 52-week low and is down just 13% from its May all-time high.\nWall Street just doesn’t see the potential either. Nine analysts cover the stock. The average analyst price target is about $5. Before the pandemic, the average analyst price target was $15. But there were fewer shares back then. The old target enterprise value was roughly $7 billion. It’s tough to get from $7 billion to $26 billion predicting better margins.\nAnalysts do have positive free cash flow modeled, though–$13 million in 2022 and $90 million in 2023. That’s a long way from $600 million.\nAnd that’s just another way of saying that AMC bulls are a long way from making the math work.","news_type":1,"symbols_score_info":{"AMC":0.9}},"isVote":1,"tweetType":1,"viewCount":580,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":134449391,"gmtCreate":1622255789113,"gmtModify":1631891594011,"author":{"id":"3574305354088443","authorId":"3574305354088443","name":"Luke19","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574305354088443","authorIdStr":"3574305354088443"},"themes":[],"title":"","htmlText":"Yikes","listText":"Yikes","text":"Yikes","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/134449391","repostId":"2138765488","repostType":4,"isVote":1,"tweetType":1,"viewCount":655,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":132563334,"gmtCreate":1622100103528,"gmtModify":1631891594022,"author":{"id":"3574305354088443","authorId":"3574305354088443","name":"Luke19","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574305354088443","authorIdStr":"3574305354088443"},"themes":[],"title":"","htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/132563334","repostId":"1112616043","repostType":4,"repost":{"id":"1112616043","kind":"news","weMediaInfo":{"introduction":"Stock Market Quotes, Business News, Financial News, Trading Ideas, and Stock Research by Professionals","home_visible":0,"media_name":"Benzinga Earnings","id":"1052270027","head_image":"https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa"},"pubTimestamp":1622099063,"share":"https://www.laohunote.com/m/news/1112616043?lang=zh_CN&edition=full","pubTime":"2021-05-27 15:04","market":"us","language":"en","title":"PayPal Will Finally Let Users Withdraw Bitcoin, Ethereum Other Cryptocurrencies<blockquote>PayPal最终将允许用户提取比特币、以太币等加密货币</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1112616043","media":"Benzinga Earnings","summary":"PayPal Holdings Inc.  will finally allow users to withdrawBitcoin,Ethereum, and other cryptocurrencies to third-party wallets, according to areportby CoinDesk.What Happened: PayPal's head of cryptocurrency, Jose Fernandez da Ponte, reportedly made the announcement at CoinDesk’s Consensus 2021 conference on Wednesday.da Ponte said PayPal is working on adding support for third-party wallet transfers but did not provide details about when the feature will be available.PayPal hasallowedits customers","content":"<p><b>PayPal Holdings Inc</b>. (NASDAQ:PYPL) will finally allow users to withdrawBitcoin(BTC),<b>Ethereum</b>(ETH), and other cryptocurrencies to third-party wallets, according to areportby CoinDesk.</p><p><blockquote><b>PayPal控股公司</b>.（纳斯达克股票代码：PYPL）最终将允许用户提取比特币（BTC），<b>以太币</b>据 CoinDesk 报道，(ETH) 和其他加密货币转移到第三方钱包。</blockquote></p><p> <b>What Happened</b>: PayPal's head of cryptocurrency, Jose Fernandez da Ponte, reportedly made the announcement at CoinDesk’s Consensus 2021 conference on Wednesday.</p><p><blockquote><b>发生了什么事</b>: 据报道，PayPal 加密货币主管何塞-费尔南德斯-达庞特（Jose Fernandez da Ponte）在周三举行的 CoinDesk 2021 年共识大会上宣布了这一消息。</blockquote></p><p> da Ponte said PayPal is working on adding support for third-party wallet transfers but did not provide details about when the feature will be available.</p><p><blockquote>达庞特表示，PayPal正在努力增加对第三方钱包转账的支持，但没有提供该功能何时可用的细节。</blockquote></p><p> PayPal hasallowedits customers to buy cryptocurrencies since last October, but currently does not allow them to transfer cryptocurrency holdings out of PayPal and into private wallets.</p><p><blockquote>自去年10月以来，PayPal已经允许客户购买加密货币，但目前不允许他们将持有的加密货币转移出PayPal并转移到私人钱包中。</blockquote></p><p> <b>Why It Matters:</b>&nbsp;Cryptocurrency proponents have long maintained the \"Not your keys, not your Bitcoin\" mantra. PayPal and Robinhood customers don't have access to their cryptocurrency wallets on the platform and the services have faced criticism over not allowing withdrawals.</p><p><blockquote><b>为什么重要：</b>加密货币支持者长期以来一直坚持“不是你的钥匙，不是你的比特币”的口头禅。PayPal和Robinhood的客户无法访问他们在平台上的加密货币钱包，这些服务因不允许提款而面临批评。</blockquote></p><p> Robinhood in February said it planned on letting its customersbe able to withdrawtheir cryptocurrency holdings.</p><p><blockquote>Robinhood 二月份表示，计划让客户能够提取其持有的加密货币。</blockquote></p><p> PayPal’s move is also likely a result of higher demand for its crypto services. It wasreportedin March that the Peter Thiel-co-founded company is purchasing Curv, a technology firm, engaged in the secure storage of cryptocurrencies.</p><p><blockquote>PayPal此举很可能也是由于对其加密货币服务的需求增加所致。3月份有报道称，彼得·泰尔共同创立的公司正在收购从事加密货币安全存储的技术公司Curv。</blockquote></p><p> <b>Price Action:</b>&nbsp;PayPal closed almost more than 1% higher in Wednesday’s regular trading session at $261.37, but declined less than 0.1% in the after-hours session to $261.22.</p><p><blockquote><b>价格行为：</b>PayPal在周三的常规交易时段收盘上涨近1%以上，报261.37美元，但在盘后交易时段下跌不到0.1%，报261.22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>PayPal Will Finally Let Users Withdraw Bitcoin, Ethereum Other Cryptocurrencies<blockquote>PayPal最终将允许用户提取比特币、以太币等加密货币</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\">\nPayPal Will Finally Let Users Withdraw Bitcoin, Ethereum Other Cryptocurrencies<blockquote>PayPal最终将允许用户提取比特币、以太币等加密货币</blockquote>\n</h2>\n<h4 class=\"meta\">\n<div class=\"head\" \">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Benzinga Earnings </p>\n<p class=\"h-time smaller\">2021-05-27 15:04</p>\n</div>\n</div>\n</h4>\n</header>\n<article>\n<p><b>PayPal Holdings Inc</b>. (NASDAQ:PYPL) will finally allow users to withdrawBitcoin(BTC),<b>Ethereum</b>(ETH), and other cryptocurrencies to third-party wallets, according to areportby CoinDesk.</p><p><blockquote><b>PayPal控股公司</b>.（纳斯达克股票代码：PYPL）最终将允许用户提取比特币（BTC），<b>以太币</b>据 CoinDesk 报道，(ETH) 和其他加密货币转移到第三方钱包。</blockquote></p><p> <b>What Happened</b>: PayPal's head of cryptocurrency, Jose Fernandez da Ponte, reportedly made the announcement at CoinDesk’s Consensus 2021 conference on Wednesday.</p><p><blockquote><b>发生了什么事</b>: 据报道，PayPal 加密货币主管何塞-费尔南德斯-达庞特（Jose Fernandez da Ponte）在周三举行的 CoinDesk 2021 年共识大会上宣布了这一消息。</blockquote></p><p> da Ponte said PayPal is working on adding support for third-party wallet transfers but did not provide details about when the feature will be available.</p><p><blockquote>达庞特表示，PayPal正在努力增加对第三方钱包转账的支持，但没有提供该功能何时可用的细节。</blockquote></p><p> PayPal hasallowedits customers to buy cryptocurrencies since last October, but currently does not allow them to transfer cryptocurrency holdings out of PayPal and into private wallets.</p><p><blockquote>自去年10月以来，PayPal已经允许客户购买加密货币，但目前不允许他们将持有的加密货币转移出PayPal并转移到私人钱包中。</blockquote></p><p> <b>Why It Matters:</b>&nbsp;Cryptocurrency proponents have long maintained the \"Not your keys, not your Bitcoin\" mantra. PayPal and Robinhood customers don't have access to their cryptocurrency wallets on the platform and the services have faced criticism over not allowing withdrawals.</p><p><blockquote><b>为什么重要：</b>加密货币支持者长期以来一直坚持“不是你的钥匙，不是你的比特币”的口头禅。PayPal和Robinhood的客户无法访问他们在平台上的加密货币钱包，这些服务因不允许提款而面临批评。</blockquote></p><p> Robinhood in February said it planned on letting its customersbe able to withdrawtheir cryptocurrency holdings.</p><p><blockquote>Robinhood 二月份表示，计划让客户能够提取其持有的加密货币。</blockquote></p><p> PayPal’s move is also likely a result of higher demand for its crypto services. It wasreportedin March that the Peter Thiel-co-founded company is purchasing Curv, a technology firm, engaged in the secure storage of cryptocurrencies.</p><p><blockquote>PayPal此举很可能也是由于对其加密货币服务的需求增加所致。3月份有报道称，彼得·泰尔共同创立的公司正在收购从事加密货币安全存储的技术公司Curv。</blockquote></p><p> <b>Price Action:</b>&nbsp;PayPal closed almost more than 1% higher in Wednesday’s regular trading session at $261.37, but declined less than 0.1% in the after-hours session to $261.22.</p><p><blockquote><b>价格行为：</b>PayPal在周三的常规交易时段收盘上涨近1%以上，报261.37美元，但在盘后交易时段下跌不到0.1%，报261.22美元。</blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"PYPL":"PayPal"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1112616043","content_text":"PayPal Holdings Inc. (NASDAQ:PYPL) will finally allow users to withdrawBitcoin(BTC),Ethereum(ETH), and other cryptocurrencies to third-party wallets, according to areportby CoinDesk.\nWhat Happened: PayPal's head of cryptocurrency, Jose Fernandez da Ponte, reportedly made the announcement at CoinDesk’s Consensus 2021 conference on Wednesday.\nda Ponte said PayPal is working on adding support for third-party wallet transfers but did not provide details about when the feature will be available.\nPayPal hasallowedits customers to buy cryptocurrencies since last October, but currently does not allow them to transfer cryptocurrency holdings out of PayPal and into private wallets.\nWhy It Matters: Cryptocurrency proponents have long maintained the \"Not your keys, not your Bitcoin\" mantra. PayPal and Robinhood customers don't have access to their cryptocurrency wallets on the platform and the services have faced criticism over not allowing withdrawals.\nRobinhood in February said it planned on letting its customersbe able to withdrawtheir cryptocurrency holdings.\nPayPal’s move is also likely a result of higher demand for its crypto services. It wasreportedin March that the Peter Thiel-co-founded company is purchasing Curv, a technology firm, engaged in the secure storage of cryptocurrencies.\nPrice Action: PayPal closed almost more than 1% higher in Wednesday’s regular trading session at $261.37, but declined less than 0.1% in the after-hours session to $261.22.","news_type":1,"symbols_score_info":{"PYPL":0.9}},"isVote":1,"tweetType":1,"viewCount":742,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":136343416,"gmtCreate":1621996076835,"gmtModify":1631891594036,"author":{"id":"3574305354088443","authorId":"3574305354088443","name":"Luke19","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574305354088443","authorIdStr":"3574305354088443"},"themes":[],"title":"","htmlText":"You know they're totally accurate when they don't cite a single source other than 'trust me bro'","listText":"You know they're totally accurate when they don't cite a single source other than 'trust me bro'","text":"You know they're totally accurate when they don't cite a single source other than 'trust me bro'","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/136343416","repostId":"1191037526","repostType":4,"repost":{"id":"1191037526","kind":"news","pubTimestamp":1621994290,"share":"https://www.laohunote.com/m/news/1191037526?lang=zh_CN&edition=full","pubTime":"2021-05-26 09:58","market":"us","language":"en","title":"Could This Study Be Bad News for Pfizer's COVID Vaccine Sales?<blockquote>这项研究对辉瑞的COVID疫苗销售来说会是坏消息吗？</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1191037526","media":"Motley Fool","summary":"Pfizer(NYSE:PFE) stated earlier this month that it expects its COVID-19 vaccine will generate sales ","content":"<p><b>Pfizer</b>(NYSE:PFE)&nbsp;stated earlier this month that it expects its COVID-19 vaccine will generate sales of close to $26 billion this year. More revenue is on the way beyond 2021. For example, Pfizer and its partner<b>BioNTech</b>(NASDAQ:BNTX)recently announced a new deal with the European Union tosupply up to 1.8 billion additional dosesthrough 2023.</p><p><blockquote><b>辉瑞</b>（纽约证券交易所股票代码：PFE）本月早些时候表示，预计其 COVID-19 疫苗今年的销售额将接近 260 亿美元。2021 年后将有更多收入。例如，辉瑞及其合作伙伴<b>生物技术</b>（纳斯达克股票代码：BNTX）最近宣布与欧盟达成一项新协议，到 2023 年额外供应多达 18 亿剂疫苗。</blockquote></p><p> However, the dynamics of the COVID-19 vaccine market are constantly changing. Last week, researchers in Spain reported results from a clinical study that included Pfizer's COVID-19 vaccine. Could these results be bad news for future sales of Pfizer's vaccine?</p><p><blockquote>然而，新冠肺炎疫苗市场的动态在不断变化。上周，西班牙的研究人员报告了一项临床研究的结果，其中包括辉瑞的 COVID-19 疫苗。这些结果对辉瑞疫苗的未来销售会是坏消息吗？</blockquote></p><p> <img src=\"https://static.tigerbbs.com/5ae75aadcdda23603ea8f59dda16c30a\" tg-width=\"700\" tg-height=\"375\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p> IMAGE SOURCE: GETTY IMAGES.</p><p><blockquote>图片来源：盖蒂图片社。</blockquote></p><p> <b>A mix-and-match milestone</b></p><p><blockquote><b>混搭里程碑</b></blockquote></p><p> Scientists have wondered what would happen if the initial dose of one COVID-19 vaccine was followed by a second dose from another vaccine. A few so-called \"mix-and-match\" clinical studies have been undertaken to find the answer. On May 18, the first results from one of those studies were announced.</p><p><blockquote>科学家们想知道，如果一种新冠肺炎疫苗的第一剂之后是另一种疫苗的第二剂，会发生什么。已经进行了一些所谓的“混搭”临床研究来寻找答案。5月18日，其中一项研究的首批结果公布。</blockquote></p><p> Researchers at the Carlos III Health Institute in Spain recruited participants for the CombiVacS clinical study who had received only a single dose of<b>AstraZeneca</b>'s(NASDAQ:AZN)vaccine within the previous eight weeks. Instead of administering the second dose of AstraZeneca's vaccine, the Spanish team gave the participants Pfizer's and BioNTech's COVID-19 vaccine instead.</p><p><blockquote>西班牙卡洛斯三世健康研究所的研究人员招募了仅接受单剂量CombiVacS临床研究的参与者<b>阿斯利康</b>’s（纳斯达克股票代码：AZN）疫苗在过去八周内。西班牙团队没有注射第二剂阿斯利康疫苗，而是给参与者注射了辉瑞和BioNTech的新冠肺炎疫苗。</blockquote></p><p> What happened? Participants receiving a first dose of the AstraZeneca vaccine followed by a second dose of the Pfizer vaccine experienced immune system responses that were \"greatly enhanced.\" The researchers reported that antibody levels for this group were at least 40 times higher than for individuals who only received a single dose of AstraZeneca's vaccine. These antibody levels were also higher than those reported for individuals who received two doses of the Pfizer vaccine.</p><p><blockquote>发生什么事了？接受第一剂阿斯利康疫苗，然后接受第二剂辉瑞疫苗的参与者经历了“大大增强”的免疫系统反应。研究人员报告说，这一群体的抗体水平至少比只接种一剂阿斯利康疫苗的个体高40倍。这些抗体水平也高于接受两剂辉瑞疫苗的个体报告的抗体水平。</blockquote></p><p> Side effects were similar to those observed in the past with the Pfizer vaccine. There were no adverse effects that required special medical attention or hospitalization. The most common side effects were headache, malaise, nausea, cough, and fever, most of which were mild cases.</p><p><blockquote>副作用与过去使用辉瑞疫苗观察到的副作用相似。没有需要特殊医疗护理或住院治疗的不良反应。最常见的副作用是头痛、不适、恶心、咳嗽和发热，其中大多数是轻度病例。</blockquote></p><p> <b>Bad for Pfizer?</b></p><p><blockquote><b>对辉瑞不利？</b></blockquote></p><p> It's easy to see how these mix-and-match results might negatively impact the sales of Pfizer's vaccine. If a combination of one dose of the AstraZeneca vaccine with a second dose of the Pfizer vaccine is more effective than two doses of the Pfizer vaccine, governments could want to take this approach. In theory, that could slash Pfizer's sales in half.</p><p><blockquote>很容易看出这些混合搭配的结果可能会对辉瑞疫苗的销售产生负面影响。如果一剂阿斯利康疫苗与第二剂辉瑞疫苗的组合比两剂辉瑞疫苗更有效，政府可能希望采取这种方法。理论上，这可能会使辉瑞的销售额减半。</blockquote></p><p> But don't put the cart before the horse: The Spanish clinical study hasn't been peer-reviewed yet. Also, the study itself was relatively small -- only 673 people in total, with 443 receiving the mix-and-match doses and 232 only receiving the first AstraZeneca dose.</p><p><blockquote>但不要本末倒置：西班牙的临床研究尚未经过同行评审。此外，这项研究本身规模相对较小——总共只有 673 人，其中 443 人接受了混合匹配剂量，232 人只接受了第一剂阿斯利康剂量。</blockquote></p><p> The European Union isn't likely to want to go with a mix of AstraZeneca and Pfizer vaccines, however. The EU issuing AstraZenecaover allegedly failing to meet its supply commitments. This dispute played a major role in Pfizer and BioNTech winning a big supply deal that covers the next couple of years.</p><p><blockquote>然而，欧盟不太可能想混合使用阿斯利康和辉瑞疫苗。欧盟因涉嫌未能履行其供应承诺而对阿斯利康发出禁令。这场纠纷在辉瑞和 BioNTech 赢得未来几年的大型供应协议中发挥了重要作用。</blockquote></p><p> Even if the findings made by the Spanish researchers are eventually confirmed, it could still be too late to make much of a difference. There's a good chance that in future, only single-dose annual vaccinations will be required. If that's the case, any advantages offered by a two-dose regimen, including one combining AstraZeneca's and Pfizer's vaccines, could be irrelevant.</p><p><blockquote>即使西班牙研究人员的发现最终得到证实，也可能为时已晚，无法做出太大的改变。很有可能在未来，每年只需要单剂疫苗接种。如果是这样的话，两剂方案提供的任何优势，包括结合阿斯利康和辉瑞疫苗的方案，都可能无关紧要。</blockquote></p><p> <b>What really matters</b></p><p><blockquote><b>真正重要的是什么</b></blockquote></p><p> Results from the mix-and-match studies probably won't present major problems for Pfizer (or for any of the other leading vaccine makers, for that matter). What really matters for the company is how frequently booster doses will be needed.</p><p><blockquote>混合匹配研究的结果可能不会给辉瑞（或任何其他领先的疫苗制造商）带来重大问题。对该公司来说，真正重要的是需要加强剂量的频率。</blockquote></p><p> The answer to that question probably won't be answered until sometime this fall. Meanwhile, investors appear to be discounting the likelihood that Pfizer will be able to count on huge recurring revenue for years to come: The bigpharma stocktrades at only around 12 times expected earnings. Should COVID-19 vaccines be needed at least once per year from here on out, Pfizer could be viewed, in retrospect, as a bargain at its current price.</p><p><blockquote>这个问题的答案可能要到今年秋天的某个时候才能得到答案。与此同时，投资者似乎忽视了辉瑞未来几年能够依靠巨额经常性收入的可能性：这家大型制药公司的股票交易价格仅为预期市盈率的 12 倍左右。如果从现在开始每年至少需要一次 COVID-19 疫苗，那么回想起来，辉瑞可能会被视为目前价格的便宜货。</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>Could This Study Be Bad News for Pfizer's COVID Vaccine Sales?<blockquote>这项研究对辉瑞的COVID疫苗销售来说会是坏消息吗？</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\">\nCould This Study Be Bad News for Pfizer's COVID Vaccine Sales?<blockquote>这项研究对辉瑞的COVID疫苗销售来说会是坏消息吗？</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Motley Fool</strong><span class=\"h-time small\">2021-05-26 09:58</span>\n</p>\n</h4>\n</header>\n<article>\n<p><b>Pfizer</b>(NYSE:PFE)&nbsp;stated earlier this month that it expects its COVID-19 vaccine will generate sales of close to $26 billion this year. More revenue is on the way beyond 2021. For example, Pfizer and its partner<b>BioNTech</b>(NASDAQ:BNTX)recently announced a new deal with the European Union tosupply up to 1.8 billion additional dosesthrough 2023.</p><p><blockquote><b>辉瑞</b>（纽约证券交易所股票代码：PFE）本月早些时候表示，预计其 COVID-19 疫苗今年的销售额将接近 260 亿美元。2021 年后将有更多收入。例如，辉瑞及其合作伙伴<b>生物技术</b>（纳斯达克股票代码：BNTX）最近宣布与欧盟达成一项新协议，到 2023 年额外供应多达 18 亿剂疫苗。</blockquote></p><p> However, the dynamics of the COVID-19 vaccine market are constantly changing. Last week, researchers in Spain reported results from a clinical study that included Pfizer's COVID-19 vaccine. Could these results be bad news for future sales of Pfizer's vaccine?</p><p><blockquote>然而，新冠肺炎疫苗市场的动态在不断变化。上周，西班牙的研究人员报告了一项临床研究的结果，其中包括辉瑞的 COVID-19 疫苗。这些结果对辉瑞疫苗的未来销售会是坏消息吗？</blockquote></p><p> <img src=\"https://static.tigerbbs.com/5ae75aadcdda23603ea8f59dda16c30a\" tg-width=\"700\" tg-height=\"375\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p> IMAGE SOURCE: GETTY IMAGES.</p><p><blockquote>图片来源：盖蒂图片社。</blockquote></p><p> <b>A mix-and-match milestone</b></p><p><blockquote><b>混搭里程碑</b></blockquote></p><p> Scientists have wondered what would happen if the initial dose of one COVID-19 vaccine was followed by a second dose from another vaccine. A few so-called \"mix-and-match\" clinical studies have been undertaken to find the answer. On May 18, the first results from one of those studies were announced.</p><p><blockquote>科学家们想知道，如果一种新冠肺炎疫苗的第一剂之后是另一种疫苗的第二剂，会发生什么。已经进行了一些所谓的“混搭”临床研究来寻找答案。5月18日，其中一项研究的首批结果公布。</blockquote></p><p> Researchers at the Carlos III Health Institute in Spain recruited participants for the CombiVacS clinical study who had received only a single dose of<b>AstraZeneca</b>'s(NASDAQ:AZN)vaccine within the previous eight weeks. Instead of administering the second dose of AstraZeneca's vaccine, the Spanish team gave the participants Pfizer's and BioNTech's COVID-19 vaccine instead.</p><p><blockquote>西班牙卡洛斯三世健康研究所的研究人员招募了仅接受单剂量CombiVacS临床研究的参与者<b>阿斯利康</b>’s（纳斯达克股票代码：AZN）疫苗在过去八周内。西班牙团队没有注射第二剂阿斯利康疫苗，而是给参与者注射了辉瑞和BioNTech的新冠肺炎疫苗。</blockquote></p><p> What happened? Participants receiving a first dose of the AstraZeneca vaccine followed by a second dose of the Pfizer vaccine experienced immune system responses that were \"greatly enhanced.\" The researchers reported that antibody levels for this group were at least 40 times higher than for individuals who only received a single dose of AstraZeneca's vaccine. These antibody levels were also higher than those reported for individuals who received two doses of the Pfizer vaccine.</p><p><blockquote>发生什么事了？接受第一剂阿斯利康疫苗，然后接受第二剂辉瑞疫苗的参与者经历了“大大增强”的免疫系统反应。研究人员报告说，这一群体的抗体水平至少比只接种一剂阿斯利康疫苗的个体高40倍。这些抗体水平也高于接受两剂辉瑞疫苗的个体报告的抗体水平。</blockquote></p><p> Side effects were similar to those observed in the past with the Pfizer vaccine. There were no adverse effects that required special medical attention or hospitalization. The most common side effects were headache, malaise, nausea, cough, and fever, most of which were mild cases.</p><p><blockquote>副作用与过去使用辉瑞疫苗观察到的副作用相似。没有需要特殊医疗护理或住院治疗的不良反应。最常见的副作用是头痛、不适、恶心、咳嗽和发热，其中大多数是轻度病例。</blockquote></p><p> <b>Bad for Pfizer?</b></p><p><blockquote><b>对辉瑞不利？</b></blockquote></p><p> It's easy to see how these mix-and-match results might negatively impact the sales of Pfizer's vaccine. If a combination of one dose of the AstraZeneca vaccine with a second dose of the Pfizer vaccine is more effective than two doses of the Pfizer vaccine, governments could want to take this approach. In theory, that could slash Pfizer's sales in half.</p><p><blockquote>很容易看出这些混合搭配的结果可能会对辉瑞疫苗的销售产生负面影响。如果一剂阿斯利康疫苗与第二剂辉瑞疫苗的组合比两剂辉瑞疫苗更有效，政府可能希望采取这种方法。理论上，这可能会使辉瑞的销售额减半。</blockquote></p><p> But don't put the cart before the horse: The Spanish clinical study hasn't been peer-reviewed yet. Also, the study itself was relatively small -- only 673 people in total, with 443 receiving the mix-and-match doses and 232 only receiving the first AstraZeneca dose.</p><p><blockquote>但不要本末倒置：西班牙的临床研究尚未经过同行评审。此外，这项研究本身规模相对较小——总共只有 673 人，其中 443 人接受了混合匹配剂量，232 人只接受了第一剂阿斯利康剂量。</blockquote></p><p> The European Union isn't likely to want to go with a mix of AstraZeneca and Pfizer vaccines, however. The EU issuing AstraZenecaover allegedly failing to meet its supply commitments. This dispute played a major role in Pfizer and BioNTech winning a big supply deal that covers the next couple of years.</p><p><blockquote>然而，欧盟不太可能想混合使用阿斯利康和辉瑞疫苗。欧盟因涉嫌未能履行其供应承诺而对阿斯利康发出禁令。这场纠纷在辉瑞和 BioNTech 赢得未来几年的大型供应协议中发挥了重要作用。</blockquote></p><p> Even if the findings made by the Spanish researchers are eventually confirmed, it could still be too late to make much of a difference. There's a good chance that in future, only single-dose annual vaccinations will be required. If that's the case, any advantages offered by a two-dose regimen, including one combining AstraZeneca's and Pfizer's vaccines, could be irrelevant.</p><p><blockquote>即使西班牙研究人员的发现最终得到证实，也可能为时已晚，无法做出太大的改变。很有可能在未来，每年只需要单剂疫苗接种。如果是这样的话，两剂方案提供的任何优势，包括结合阿斯利康和辉瑞疫苗的方案，都可能无关紧要。</blockquote></p><p> <b>What really matters</b></p><p><blockquote><b>真正重要的是什么</b></blockquote></p><p> Results from the mix-and-match studies probably won't present major problems for Pfizer (or for any of the other leading vaccine makers, for that matter). What really matters for the company is how frequently booster doses will be needed.</p><p><blockquote>混合匹配研究的结果可能不会给辉瑞（或任何其他领先的疫苗制造商）带来重大问题。对该公司来说，真正重要的是需要加强剂量的频率。</blockquote></p><p> The answer to that question probably won't be answered until sometime this fall. Meanwhile, investors appear to be discounting the likelihood that Pfizer will be able to count on huge recurring revenue for years to come: The bigpharma stocktrades at only around 12 times expected earnings. Should COVID-19 vaccines be needed at least once per year from here on out, Pfizer could be viewed, in retrospect, as a bargain at its current price.</p><p><blockquote>这个问题的答案可能要到今年秋天的某个时候才能得到答案。与此同时，投资者似乎忽视了辉瑞未来几年能够依靠巨额经常性收入的可能性：这家大型制药公司的股票交易价格仅为预期市盈率的 12 倍左右。如果从现在开始每年至少需要一次 COVID-19 疫苗，那么回想起来，辉瑞可能会被视为目前价格的便宜货。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.fool.com/investing/2021/05/25/could-this-study-be-bad-news-pfizers-covid-vaccine/\">Motley Fool</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BNTX":"BioNTech SE","PFE":"辉瑞"},"source_url":"https://www.fool.com/investing/2021/05/25/could-this-study-be-bad-news-pfizers-covid-vaccine/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1191037526","content_text":"Pfizer(NYSE:PFE) stated earlier this month that it expects its COVID-19 vaccine will generate sales of close to $26 billion this year. More revenue is on the way beyond 2021. For example, Pfizer and its partnerBioNTech(NASDAQ:BNTX)recently announced a new deal with the European Union tosupply up to 1.8 billion additional dosesthrough 2023.\nHowever, the dynamics of the COVID-19 vaccine market are constantly changing. Last week, researchers in Spain reported results from a clinical study that included Pfizer's COVID-19 vaccine. Could these results be bad news for future sales of Pfizer's vaccine?\n\nIMAGE SOURCE: GETTY IMAGES.\nA mix-and-match milestone\nScientists have wondered what would happen if the initial dose of one COVID-19 vaccine was followed by a second dose from another vaccine. A few so-called \"mix-and-match\" clinical studies have been undertaken to find the answer. On May 18, the first results from one of those studies were announced.\nResearchers at the Carlos III Health Institute in Spain recruited participants for the CombiVacS clinical study who had received only a single dose ofAstraZeneca's(NASDAQ:AZN)vaccine within the previous eight weeks. Instead of administering the second dose of AstraZeneca's vaccine, the Spanish team gave the participants Pfizer's and BioNTech's COVID-19 vaccine instead.\nWhat happened? Participants receiving a first dose of the AstraZeneca vaccine followed by a second dose of the Pfizer vaccine experienced immune system responses that were \"greatly enhanced.\" The researchers reported that antibody levels for this group were at least 40 times higher than for individuals who only received a single dose of AstraZeneca's vaccine. These antibody levels were also higher than those reported for individuals who received two doses of the Pfizer vaccine.\nSide effects were similar to those observed in the past with the Pfizer vaccine. There were no adverse effects that required special medical attention or hospitalization. The most common side effects were headache, malaise, nausea, cough, and fever, most of which were mild cases.\nBad for Pfizer?\nIt's easy to see how these mix-and-match results might negatively impact the sales of Pfizer's vaccine. If a combination of one dose of the AstraZeneca vaccine with a second dose of the Pfizer vaccine is more effective than two doses of the Pfizer vaccine, governments could want to take this approach. In theory, that could slash Pfizer's sales in half.\nBut don't put the cart before the horse: The Spanish clinical study hasn't been peer-reviewed yet. Also, the study itself was relatively small -- only 673 people in total, with 443 receiving the mix-and-match doses and 232 only receiving the first AstraZeneca dose.\nThe European Union isn't likely to want to go with a mix of AstraZeneca and Pfizer vaccines, however. The EU issuing AstraZenecaover allegedly failing to meet its supply commitments. This dispute played a major role in Pfizer and BioNTech winning a big supply deal that covers the next couple of years.\nEven if the findings made by the Spanish researchers are eventually confirmed, it could still be too late to make much of a difference. There's a good chance that in future, only single-dose annual vaccinations will be required. If that's the case, any advantages offered by a two-dose regimen, including one combining AstraZeneca's and Pfizer's vaccines, could be irrelevant.\nWhat really matters\nResults from the mix-and-match studies probably won't present major problems for Pfizer (or for any of the other leading vaccine makers, for that matter). What really matters for the company is how frequently booster doses will be needed.\nThe answer to that question probably won't be answered until sometime this fall. Meanwhile, investors appear to be discounting the likelihood that Pfizer will be able to count on huge recurring revenue for years to come: The bigpharma stocktrades at only around 12 times expected earnings. Should COVID-19 vaccines be needed at least once per year from here on out, Pfizer could be viewed, in retrospect, as a bargain at its current price.","news_type":1,"symbols_score_info":{"PFE":0.9,"BNTX":0.9}},"isVote":1,"tweetType":1,"viewCount":900,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":136352869,"gmtCreate":1621995852651,"gmtModify":1631891594052,"author":{"id":"3574305354088443","authorId":"3574305354088443","name":"Luke19","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574305354088443","authorIdStr":"3574305354088443"},"themes":[],"title":"","htmlText":"Nice!","listText":"Nice!","text":"Nice!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/136352869","repostId":"2138543192","repostType":4,"isVote":1,"tweetType":1,"viewCount":601,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":139718898,"gmtCreate":1621656928114,"gmtModify":1631891594064,"author":{"id":"3574305354088443","authorId":"3574305354088443","name":"Luke19","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574305354088443","authorIdStr":"3574305354088443"},"themes":[],"title":"","htmlText":"Wow😬","listText":"Wow😬","text":"Wow😬","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/139718898","repostId":"1174075999","repostType":4,"isVote":1,"tweetType":1,"viewCount":851,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":888716192,"gmtCreate":1631528977816,"gmtModify":1631889582395,"author":{"id":"3574305354088443","authorId":"3574305354088443","name":"Luke19","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3574305354088443","idStr":"3574305354088443"},"themes":[],"title":"","htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":9,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/888716192","repostId":"2167630550","repostType":4,"isVote":1,"tweetType":1,"viewCount":2079,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":127203141,"gmtCreate":1624848909183,"gmtModify":1631889582407,"author":{"id":"3574305354088443","authorId":"3574305354088443","name":"Luke19","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3574305354088443","idStr":"3574305354088443"},"themes":[],"title":"","htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/127203141","repostId":"2146007118","repostType":4,"isVote":1,"tweetType":1,"viewCount":2059,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":849472766,"gmtCreate":1635775639906,"gmtModify":1635775639906,"author":{"id":"3574305354088443","authorId":"3574305354088443","name":"Luke19","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3574305354088443","idStr":"3574305354088443"},"themes":[],"title":"","htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/849472766","repostId":"1101034989","repostType":4,"repost":{"id":"1101034989","kind":"news","pubTimestamp":1635774528,"share":"https://www.laohunote.com/m/news/1101034989?lang=zh_CN&edition=full","pubTime":"2021-11-01 21:48","market":"us","language":"en","title":"EV Startups Lucid and Rivian Deliver First Models to Customers<blockquote>电动汽车初创公司 Lucid 和Rivian向客户交付首批车型</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1101034989","media":"The Wall Street Journal","summary":"The upstarts are trying to replicate Tesla’s success but face challenges in trying to build up produ","content":"<p>The upstarts are trying to replicate Tesla’s success but face challenges in trying to build up production</p><p><blockquote>新贵们正试图复制特斯拉的成功，但在提高产量方面面临挑战</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/7c76ef608a1676bcaae05cbf207b8774\" tg-width=\"1290\" tg-height=\"859\" width=\"100%\" height=\"auto\"><span>Lucid began building its first all-electric Air sedans in Arizona in September.</span></p><p><blockquote><p class=\"t-img-caption\"><span>Lucid 于 9 月开始在亚利桑那州生产第一辆全电动空气轿车。</span></p></blockquote></p><p> Rivian Automotive and&nbsp;Lucid Group&nbsp;Inc.,two electric-car startups looking to emulateTeslaInc.’ssuccess, are making their marketplace debuts, shipping their first models to customers and planning to expand production.</p><p><blockquote>Rivian汽车公司和 Lucid Group Inc. 这两家电动汽车初创公司希望效仿特斯拉公司的成功，它们正在市场上首次亮相，向客户交付首批车型，并计划扩大生产规模。</blockquote></p><p> Lucid, a California-based upstart that&nbsp;went public in July&nbsp;through a merger with a special-purpose acquisition company, began building its first&nbsp;all-electric Air sedans&nbsp;in Arizona in September and started delivering them to customers Saturday.</p><p><blockquote>Lucid 是一家总部位于加利福尼亚州的新贵，于 7 月通过与一家特殊目的收购公司合并上市，该公司于 9 月开始在亚利桑那州制造其第一辆全电动空气轿车，并于周六开始向客户交付。</blockquote></p><p> The company, which is backed by Saudi Arabia’s sovereign-wealth fund, is looking to target the high-end market for luxury electric cars—a niche long dominated by Tesla—with the Air, a model that starts at $77,400. The first versions delivered over the weekend cost around $169,000.</p><p><blockquote>该公司得到了沙特阿拉伯主权财富基金的支持，希望将起价为 7.74 万美元的 Air 车型瞄准豪华电动汽车的高端市场--这一利基市场长期以来一直由特斯拉主导。周末交付的第一个版本售价约为 169,000 美元。</blockquote></p><p> Rivian, another up-and-comer backed by&nbsp;Ford Motor&nbsp;Co.&nbsp;and&nbsp;Amazon.com&nbsp;Inc.,has started delivering its first model, the electric R1T pickup truck, to buyers and recently revealed plans for&nbsp;a second U.S. assembly plant&nbsp;to expand production beyond its factory in Normal, Ill.</p><p><blockquote>Rivian是福特汽车公司和亚马逊支持的另一家后起之秀，该公司已开始向买家交付其首款车型——电动 R1T 皮卡，并最近透露了在美国建立第二家装配厂的计划，以扩大其位于伊利诺伊州诺莫尔的工厂之外的生产。</blockquote></p><p> The rollout of these first models is a milestone for the two upstarts and gives them an advantage in the race among electric-vehicle startups. The next challenge will be increasing factory output to boost sales, said Peter Rawlinson, Lucid’s chief executive.&nbsp;Lucid said it plans to make roughly 575 cars by the end of 2021 and increase that to 20,000 next year.</p><p><blockquote>这些首批车型的推出对于这两家新贵来说是一个里程碑，并使他们在电动汽车初创公司的竞争中占据优势。Lucid 首席执行官彼得-罗林森（Peter Rawlinson）说，下一个挑战将是增加工厂产量以促进销量。Lucid 表示，计划到 2021 年底生产约 575 辆汽车，明年将增加到 2 万辆。</blockquote></p><p> “What’s next is just getting the volume ramped up and pushing like crazy,” Mr. Rawlinson said.</p><p><blockquote>“罗林森先生说：”接下来要做的就是提高音量，疯狂地推进。</blockquote></p><p> Both Rivian and Lucid are scaling operations as Tesla’s valuation has continued to soar,crossing the $1 trillion mark&nbsp;last week.</p><p><blockquote>随着特斯拉的估值持续飙升，上周突破了 1 万亿美元大关，Rivian和 Lucid 都在扩大业务规模。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/17ebcc75e997d559a830f7f8fddbc868\" tg-width=\"1050\" tg-height=\"700\" width=\"100%\" height=\"auto\"><span>Rivian is targeting the U.S.’s highly competitive pickup truck market with the R1T.</span></p><p><blockquote><p class=\"t-img-caption\"><span>Rivian的 R1T 瞄准了竞争激烈的美国皮卡市场。</span></p></blockquote></p><p> Enthusiasm for electric vehicles, both among car buyers and on Wall Street, has been rising over the past couple of years. Electric-vehicle sales in the U.S. climbed 57% in September over the prior-year period, according to analysts from Morgan Stanley. And the Biden administration is pushing to extend the $7,500 tax credit now available for electric-vehicle purchases, as well as other additional incentives, to further stoke demand for plug-in models.</p><p><blockquote>过去几年，购车者和华尔街对电动汽车的热情一直在上升。摩根士丹利分析师表示，9 月份美国电动汽车销量同比增长 57%。拜登政府正在推动延长目前可用于购买电动汽车的 7,500 美元税收抵免以及其他额外激励措施，以进一步刺激对插电式车型的需求。</blockquote></p><p> Lucid’s stock surged last week, jumping more than 50%, following tweets that the company was beginning deliveries and Tesla’s deal to sell its cars to&nbsp;Hertz Global Holdings&nbsp;Inc.The company is valued at nearly $60 billion, about $8.4 billion behind Ford, which had almost $100 billion more in sales through the first nine months of 2021.</p><p><blockquote>Lucid 的股价上周飙升，大涨 50% 以上，原因是该公司开始交付的推文以及特斯拉将其汽车出售给赫兹全球控股公司（Hertz Global Holdings Inc.）。该公司估值近 600 亿美元，比福特低约 84 亿美元，福特在 2021 年前 9 个月的销售额增加了近 1000 亿美元。</blockquote></p><p> Rivian, a company that started in Michigan and later moved its headquarters to California, has raised roughly $10.5 billion in the private markets since the start of 2019 and now is getting ready for an initial public offering.</p><p><blockquote>Rivian是一家起源于密歇根州、后来将总部迁至加州的公司，自 2019 年初以来已在私人市场筹集了约 105 亿美元，目前正准备进行首次公开募股。</blockquote></p><p> At its latest capital raise in July, Rivian was valued at $27.6 billion, according to a person familiar with the raise. Amazon on Friday said it owned about 20% of Rivian and valued its stake at $3.8 billion.</p><p><blockquote>据一位知情人士透露，在 7 月份最近一次融资中，Rivian的估值为 276 亿美元。亚马逊周五表示，它拥有Rivian约 20% 的股份，其股份估值为 38 亿美元。</blockquote></p><p> Rivian declined to comment for the story ahead of its IPO.</p><p><blockquote>Rivian在首次公开募股前拒绝对此事发表评论。</blockquote></p><p> Still, in the capital-intensive auto industry, there is a history of startups that have launched and folded later, and both Lucid and Rivian have had to spend heavily before shipping their first vehicles.</p><p><blockquote>尽管如此，在资本密集型汽车行业，初创公司的成立和倒闭是有历史的，Lucid 和Rivian在交付第一辆汽车之前都不得不投入巨资。</blockquote></p><p> Lucid lost $3.6 billion in the first half of 2021, while Rivian spent $2 billion from the start of last year through the end of June 2021.</p><p><blockquote>Lucid在2021年上半年亏损36亿美元，而Rivian从去年年初到2021年6月底花费了20亿美元。</blockquote></p><p> One of the biggest challenges these two companies will confront is mastering the intricacies of mass production, analysts say.</p><p><blockquote>分析师表示，这两家公司将面临的最大挑战之一是掌握大规模生产的复杂性。</blockquote></p><p> Tyson Jominy, vice president of data and analytics at J.D. Power, said launching a model that has never been built before in an all-new factory is difficult for more experienced auto makers. “How much more so will it be for those who are kind of learning on the fly?” he added.</p><p><blockquote>泰森·乔米尼，J.D.数据和分析副总裁Power表示，对于更有经验的汽车制造商来说，在全新工厂推出一款以前从未生产过的车型是很困难的。“对于那些在飞行中学习的人来说，情况还会如何呢？”他补充道。</blockquote></p><p> Lucid and Rivian will also be squaring off with deeper-pocketed auto makers, analysts say, and will need to build brand awareness.</p><p><blockquote>分析师表示，Lucid 和Rivian还将与财力雄厚的汽车制造商展开竞争，并需要建立品牌知名度。</blockquote></p><p> “It’s going to be a really tall order to establish positions in this market,” said Aakash Arora, a managing partner on Boston Consulting Group’s automotive team.</p><p><blockquote>“波士顿咨询集团汽车团队执行合伙人阿卡什-阿罗拉（Aakash Arora）说：”在这个市场建立地位将是一项非常艰巨的任务。</blockquote></p><p></p><p> In many ways, both Lucid and Rivian are following Tesla’s lead. They plan to sell vehicles directly to consumers, bypassing the traditional dealer network, and Rivian plans to build its own network of fast-charges for drivers to use, helping to address a key concern for car buyers about not having enough places to plug in.</p><p><blockquote>在很多方面，卢西德和Rivian都在追随特斯拉的脚步。他们计划绕过传统的经销商网络，直接向消费者销售车辆，Rivian计划建立自己的快速充电网络供司机使用，这有助于解决购车者没有足够插电的主要问题。</blockquote></p><p> The two companies have also hired several former Tesla executives over the years, including engineers and manufacturing executives, to help build their businesses.</p><p><blockquote>多年来，两家公司还聘请了几位前特斯拉高管，包括工程师和制造高管，以帮助建立他们的业务。</blockquote></p><p> Lucid’s Mr. Rawlinson was once Tesla’s chief engineer overseeing the development of the Model S.</p><p><blockquote>Lucid 的 Rawlinson 先生曾是特斯拉的总工程师，负责监督 Model S 的开发。</blockquote></p><p> The Lucid Air, a competitor to top-end&nbsp;Mercedes-Benz&nbsp;and&nbsp;BMW&nbsp;models, has created buzz in automotive circles, delivering an EPA-certified travel range of up to 520 miles on a single battery charge—the longest of any electric vehicle on sale in the U.S. market.</p><p><blockquote>Lucid Air 是高端梅赛德斯-奔驰和宝马车型的竞争对手，在汽车界引起了轰动，经 EPA 认证，一次电池充电可行驶 520 英里，是美国市场上销售的最长电动汽车。</blockquote></p><p> “Lucid has a high bar to rise to,” said Vivianna Van Deerlin, president of the Delaware Valley Tesla Owners Club. She has three Teslas and traveled to take delivery of her Lucid Air at an event on Saturday. For her, the Lucid purchase is about backing car companies trying to increase electric-vehicle adoption, Ms. Van Deerlin said.</p><p><blockquote>“特拉华谷特斯拉业主俱乐部主席 Vivianna Van Deerlin 说：”Lucid 的标准很高。她有三辆特斯拉，并在周六的一次活动中前往领取她的 Lucid Air。Van Deerlin 女士表示，对她来说，Lucid 收购是为了支持汽车公司试图增加电动汽车的采用。</blockquote></p><p> “It’s about trying something different and supporting the mission,” she added.</p><p><blockquote>“她补充说：”这是关于尝试不同的东西，支持使命。</blockquote></p><p> Rivian, meanwhile, is targeting the U.S.’s highly competitive pickup truck market with the R1T, a battery-powered model that starts at $67,500. This market has long been dominated by the Detroit car companies, and the R1T’s debut comes ahead of&nbsp;General Motors&nbsp;Co.&nbsp;and Ford rolling out their own battery-electric trucks.</p><p><blockquote>与此同时，Rivian正瞄准竞争激烈的美国皮卡市场，推出 R1T，这是一款电池驱动的车型，起价为 67,500 美元。这个市场长期以来一直由底特律汽车公司主导，而 R1T 的首次亮相正值通用汽车公司和福特公司推出自己的电池电动卡车之前。</blockquote></p><p> Rivian also plans to start building a midsize sport-utility vehicle, called the R1S, in the next few months that is to be marketed as an outdoor-focused model to compete against Jeep models and the Ford Bronco.</p><p><blockquote>Rivian还计划在未来几个月内开始生产一款名为 R1S 的中型运动型多功能车，该车将作为一款专注于户外的车型进行销售，与吉普车型和福特野马竞争。</blockquote></p><p> J.D. Power’s Mr. Jominy said the market for SUVs and trucks has been booming in recent years and accounts for around 80% of all vehicles sold in October. However, there are still few all-electric options available to consumers for these specific body styles.</p><p><blockquote>J.D. Power 的 Jominy 先生说，近年来 SUV 和卡车市场一直在蓬勃发展，约占 10 月份所有销量的 80%。然而，对于这些特定的车身风格，消费者仍然很少有全电动选择。</blockquote></p><p> “It is hitting what Americans want,” he said.</p><p><blockquote>“他说：”这正中美国人的下怀。</blockquote></p><p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>EV Startups Lucid and Rivian Deliver First Models to Customers<blockquote>电动汽车初创公司 Lucid 和Rivian向客户交付首批车型</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nEV Startups Lucid and Rivian Deliver First Models to Customers<blockquote>电动汽车初创公司 Lucid 和Rivian向客户交付首批车型</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">The Wall Street Journal</strong><span class=\"h-time small\">2021-11-01 21:48</span>\n</p>\n</h4>\n</header>\n<article>\n<p>The upstarts are trying to replicate Tesla’s success but face challenges in trying to build up production</p><p><blockquote>新贵们正试图复制特斯拉的成功，但在提高产量方面面临挑战</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/7c76ef608a1676bcaae05cbf207b8774\" tg-width=\"1290\" tg-height=\"859\" width=\"100%\" height=\"auto\"><span>Lucid began building its first all-electric Air sedans in Arizona in September.</span></p><p><blockquote><p class=\"t-img-caption\"><span>Lucid 于 9 月开始在亚利桑那州生产第一辆全电动空气轿车。</span></p></blockquote></p><p> Rivian Automotive and&nbsp;Lucid Group&nbsp;Inc.,two electric-car startups looking to emulateTeslaInc.’ssuccess, are making their marketplace debuts, shipping their first models to customers and planning to expand production.</p><p><blockquote>Rivian汽车公司和 Lucid Group Inc. 这两家电动汽车初创公司希望效仿特斯拉公司的成功，它们正在市场上首次亮相，向客户交付首批车型，并计划扩大生产规模。</blockquote></p><p> Lucid, a California-based upstart that&nbsp;went public in July&nbsp;through a merger with a special-purpose acquisition company, began building its first&nbsp;all-electric Air sedans&nbsp;in Arizona in September and started delivering them to customers Saturday.</p><p><blockquote>Lucid 是一家总部位于加利福尼亚州的新贵，于 7 月通过与一家特殊目的收购公司合并上市，该公司于 9 月开始在亚利桑那州制造其第一辆全电动空气轿车，并于周六开始向客户交付。</blockquote></p><p> The company, which is backed by Saudi Arabia’s sovereign-wealth fund, is looking to target the high-end market for luxury electric cars—a niche long dominated by Tesla—with the Air, a model that starts at $77,400. The first versions delivered over the weekend cost around $169,000.</p><p><blockquote>该公司得到了沙特阿拉伯主权财富基金的支持，希望将起价为 7.74 万美元的 Air 车型瞄准豪华电动汽车的高端市场--这一利基市场长期以来一直由特斯拉主导。周末交付的第一个版本售价约为 169,000 美元。</blockquote></p><p> Rivian, another up-and-comer backed by&nbsp;Ford Motor&nbsp;Co.&nbsp;and&nbsp;Amazon.com&nbsp;Inc.,has started delivering its first model, the electric R1T pickup truck, to buyers and recently revealed plans for&nbsp;a second U.S. assembly plant&nbsp;to expand production beyond its factory in Normal, Ill.</p><p><blockquote>Rivian是福特汽车公司和亚马逊支持的另一家后起之秀，该公司已开始向买家交付其首款车型——电动 R1T 皮卡，并最近透露了在美国建立第二家装配厂的计划，以扩大其位于伊利诺伊州诺莫尔的工厂之外的生产。</blockquote></p><p> The rollout of these first models is a milestone for the two upstarts and gives them an advantage in the race among electric-vehicle startups. The next challenge will be increasing factory output to boost sales, said Peter Rawlinson, Lucid’s chief executive.&nbsp;Lucid said it plans to make roughly 575 cars by the end of 2021 and increase that to 20,000 next year.</p><p><blockquote>这些首批车型的推出对于这两家新贵来说是一个里程碑，并使他们在电动汽车初创公司的竞争中占据优势。Lucid 首席执行官彼得-罗林森（Peter Rawlinson）说，下一个挑战将是增加工厂产量以促进销量。Lucid 表示，计划到 2021 年底生产约 575 辆汽车，明年将增加到 2 万辆。</blockquote></p><p> “What’s next is just getting the volume ramped up and pushing like crazy,” Mr. Rawlinson said.</p><p><blockquote>“罗林森先生说：”接下来要做的就是提高音量，疯狂地推进。</blockquote></p><p> Both Rivian and Lucid are scaling operations as Tesla’s valuation has continued to soar,crossing the $1 trillion mark&nbsp;last week.</p><p><blockquote>随着特斯拉的估值持续飙升，上周突破了 1 万亿美元大关，Rivian和 Lucid 都在扩大业务规模。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/17ebcc75e997d559a830f7f8fddbc868\" tg-width=\"1050\" tg-height=\"700\" width=\"100%\" height=\"auto\"><span>Rivian is targeting the U.S.’s highly competitive pickup truck market with the R1T.</span></p><p><blockquote><p class=\"t-img-caption\"><span>Rivian的 R1T 瞄准了竞争激烈的美国皮卡市场。</span></p></blockquote></p><p> Enthusiasm for electric vehicles, both among car buyers and on Wall Street, has been rising over the past couple of years. Electric-vehicle sales in the U.S. climbed 57% in September over the prior-year period, according to analysts from Morgan Stanley. And the Biden administration is pushing to extend the $7,500 tax credit now available for electric-vehicle purchases, as well as other additional incentives, to further stoke demand for plug-in models.</p><p><blockquote>过去几年，购车者和华尔街对电动汽车的热情一直在上升。摩根士丹利分析师表示，9 月份美国电动汽车销量同比增长 57%。拜登政府正在推动延长目前可用于购买电动汽车的 7,500 美元税收抵免以及其他额外激励措施，以进一步刺激对插电式车型的需求。</blockquote></p><p> Lucid’s stock surged last week, jumping more than 50%, following tweets that the company was beginning deliveries and Tesla’s deal to sell its cars to&nbsp;Hertz Global Holdings&nbsp;Inc.The company is valued at nearly $60 billion, about $8.4 billion behind Ford, which had almost $100 billion more in sales through the first nine months of 2021.</p><p><blockquote>Lucid 的股价上周飙升，大涨 50% 以上，原因是该公司开始交付的推文以及特斯拉将其汽车出售给赫兹全球控股公司（Hertz Global Holdings Inc.）。该公司估值近 600 亿美元，比福特低约 84 亿美元，福特在 2021 年前 9 个月的销售额增加了近 1000 亿美元。</blockquote></p><p> Rivian, a company that started in Michigan and later moved its headquarters to California, has raised roughly $10.5 billion in the private markets since the start of 2019 and now is getting ready for an initial public offering.</p><p><blockquote>Rivian是一家起源于密歇根州、后来将总部迁至加州的公司，自 2019 年初以来已在私人市场筹集了约 105 亿美元，目前正准备进行首次公开募股。</blockquote></p><p> At its latest capital raise in July, Rivian was valued at $27.6 billion, according to a person familiar with the raise. Amazon on Friday said it owned about 20% of Rivian and valued its stake at $3.8 billion.</p><p><blockquote>据一位知情人士透露，在 7 月份最近一次融资中，Rivian的估值为 276 亿美元。亚马逊周五表示，它拥有Rivian约 20% 的股份，其股份估值为 38 亿美元。</blockquote></p><p> Rivian declined to comment for the story ahead of its IPO.</p><p><blockquote>Rivian在首次公开募股前拒绝对此事发表评论。</blockquote></p><p> Still, in the capital-intensive auto industry, there is a history of startups that have launched and folded later, and both Lucid and Rivian have had to spend heavily before shipping their first vehicles.</p><p><blockquote>尽管如此，在资本密集型汽车行业，初创公司的成立和倒闭是有历史的，Lucid 和Rivian在交付第一辆汽车之前都不得不投入巨资。</blockquote></p><p> Lucid lost $3.6 billion in the first half of 2021, while Rivian spent $2 billion from the start of last year through the end of June 2021.</p><p><blockquote>Lucid在2021年上半年亏损36亿美元，而Rivian从去年年初到2021年6月底花费了20亿美元。</blockquote></p><p> One of the biggest challenges these two companies will confront is mastering the intricacies of mass production, analysts say.</p><p><blockquote>分析师表示，这两家公司将面临的最大挑战之一是掌握大规模生产的复杂性。</blockquote></p><p> Tyson Jominy, vice president of data and analytics at J.D. Power, said launching a model that has never been built before in an all-new factory is difficult for more experienced auto makers. “How much more so will it be for those who are kind of learning on the fly?” he added.</p><p><blockquote>泰森·乔米尼，J.D.数据和分析副总裁Power表示，对于更有经验的汽车制造商来说，在全新工厂推出一款以前从未生产过的车型是很困难的。“对于那些在飞行中学习的人来说，情况还会如何呢？”他补充道。</blockquote></p><p> Lucid and Rivian will also be squaring off with deeper-pocketed auto makers, analysts say, and will need to build brand awareness.</p><p><blockquote>分析师表示，Lucid 和Rivian还将与财力雄厚的汽车制造商展开竞争，并需要建立品牌知名度。</blockquote></p><p> “It’s going to be a really tall order to establish positions in this market,” said Aakash Arora, a managing partner on Boston Consulting Group’s automotive team.</p><p><blockquote>“波士顿咨询集团汽车团队执行合伙人阿卡什-阿罗拉（Aakash Arora）说：”在这个市场建立地位将是一项非常艰巨的任务。</blockquote></p><p></p><p> In many ways, both Lucid and Rivian are following Tesla’s lead. They plan to sell vehicles directly to consumers, bypassing the traditional dealer network, and Rivian plans to build its own network of fast-charges for drivers to use, helping to address a key concern for car buyers about not having enough places to plug in.</p><p><blockquote>在很多方面，卢西德和Rivian都在追随特斯拉的脚步。他们计划绕过传统的经销商网络，直接向消费者销售车辆，Rivian计划建立自己的快速充电网络供司机使用，这有助于解决购车者没有足够插电的主要问题。</blockquote></p><p> The two companies have also hired several former Tesla executives over the years, including engineers and manufacturing executives, to help build their businesses.</p><p><blockquote>多年来，两家公司还聘请了几位前特斯拉高管，包括工程师和制造高管，以帮助建立他们的业务。</blockquote></p><p> Lucid’s Mr. Rawlinson was once Tesla’s chief engineer overseeing the development of the Model S.</p><p><blockquote>Lucid 的 Rawlinson 先生曾是特斯拉的总工程师，负责监督 Model S 的开发。</blockquote></p><p> The Lucid Air, a competitor to top-end&nbsp;Mercedes-Benz&nbsp;and&nbsp;BMW&nbsp;models, has created buzz in automotive circles, delivering an EPA-certified travel range of up to 520 miles on a single battery charge—the longest of any electric vehicle on sale in the U.S. market.</p><p><blockquote>Lucid Air 是高端梅赛德斯-奔驰和宝马车型的竞争对手，在汽车界引起了轰动，经 EPA 认证，一次电池充电可行驶 520 英里，是美国市场上销售的最长电动汽车。</blockquote></p><p> “Lucid has a high bar to rise to,” said Vivianna Van Deerlin, president of the Delaware Valley Tesla Owners Club. She has three Teslas and traveled to take delivery of her Lucid Air at an event on Saturday. For her, the Lucid purchase is about backing car companies trying to increase electric-vehicle adoption, Ms. Van Deerlin said.</p><p><blockquote>“特拉华谷特斯拉业主俱乐部主席 Vivianna Van Deerlin 说：”Lucid 的标准很高。她有三辆特斯拉，并在周六的一次活动中前往领取她的 Lucid Air。Van Deerlin 女士表示，对她来说，Lucid 收购是为了支持汽车公司试图增加电动汽车的采用。</blockquote></p><p> “It’s about trying something different and supporting the mission,” she added.</p><p><blockquote>“她补充说：”这是关于尝试不同的东西，支持使命。</blockquote></p><p> Rivian, meanwhile, is targeting the U.S.’s highly competitive pickup truck market with the R1T, a battery-powered model that starts at $67,500. This market has long been dominated by the Detroit car companies, and the R1T’s debut comes ahead of&nbsp;General Motors&nbsp;Co.&nbsp;and Ford rolling out their own battery-electric trucks.</p><p><blockquote>与此同时，Rivian正瞄准竞争激烈的美国皮卡市场，推出 R1T，这是一款电池驱动的车型，起价为 67,500 美元。这个市场长期以来一直由底特律汽车公司主导，而 R1T 的首次亮相正值通用汽车公司和福特公司推出自己的电池电动卡车之前。</blockquote></p><p> Rivian also plans to start building a midsize sport-utility vehicle, called the R1S, in the next few months that is to be marketed as an outdoor-focused model to compete against Jeep models and the Ford Bronco.</p><p><blockquote>Rivian还计划在未来几个月内开始生产一款名为 R1S 的中型运动型多功能车，该车将作为一款专注于户外的车型进行销售，与吉普车型和福特野马竞争。</blockquote></p><p> J.D. Power’s Mr. Jominy said the market for SUVs and trucks has been booming in recent years and accounts for around 80% of all vehicles sold in October. However, there are still few all-electric options available to consumers for these specific body styles.</p><p><blockquote>J.D. Power 的 Jominy 先生说，近年来 SUV 和卡车市场一直在蓬勃发展，约占 10 月份所有销量的 80%。然而，对于这些特定的车身风格，消费者仍然很少有全电动选择。</blockquote></p><p> “It is hitting what Americans want,” he said.</p><p><blockquote>“他说：”这正中美国人的下怀。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.wsj.com/articles/ev-startups-lucid-and-rivian-deliver-first-models-to-customers-11635759002?mod=hp_lista_pos2\">The Wall Street Journal</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.","LCID":"Lucid Group Inc"},"source_url":"https://www.wsj.com/articles/ev-startups-lucid-and-rivian-deliver-first-models-to-customers-11635759002?mod=hp_lista_pos2","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1101034989","content_text":"The upstarts are trying to replicate Tesla’s success but face challenges in trying to build up production\nLucid began building its first all-electric Air sedans in Arizona in September.\nRivian Automotive and Lucid Group Inc.,two electric-car startups looking to emulateTeslaInc.’ssuccess, are making their marketplace debuts, shipping their first models to customers and planning to expand production.\nLucid, a California-based upstart that went public in July through a merger with a special-purpose acquisition company, began building its first all-electric Air sedans in Arizona in September and started delivering them to customers Saturday.\nThe company, which is backed by Saudi Arabia’s sovereign-wealth fund, is looking to target the high-end market for luxury electric cars—a niche long dominated by Tesla—with the Air, a model that starts at $77,400. The first versions delivered over the weekend cost around $169,000.\nRivian, another up-and-comer backed by Ford Motor Co. and Amazon.com Inc.,has started delivering its first model, the electric R1T pickup truck, to buyers and recently revealed plans for a second U.S. assembly plant to expand production beyond its factory in Normal, Ill.\nThe rollout of these first models is a milestone for the two upstarts and gives them an advantage in the race among electric-vehicle startups. The next challenge will be increasing factory output to boost sales, said Peter Rawlinson, Lucid’s chief executive. Lucid said it plans to make roughly 575 cars by the end of 2021 and increase that to 20,000 next year.\n“What’s next is just getting the volume ramped up and pushing like crazy,” Mr. Rawlinson said.\nBoth Rivian and Lucid are scaling operations as Tesla’s valuation has continued to soar,crossing the $1 trillion mark last week.\nRivian is targeting the U.S.’s highly competitive pickup truck market with the R1T.\nEnthusiasm for electric vehicles, both among car buyers and on Wall Street, has been rising over the past couple of years. Electric-vehicle sales in the U.S. climbed 57% in September over the prior-year period, according to analysts from Morgan Stanley. And the Biden administration is pushing to extend the $7,500 tax credit now available for electric-vehicle purchases, as well as other additional incentives, to further stoke demand for plug-in models.\nLucid’s stock surged last week, jumping more than 50%, following tweets that the company was beginning deliveries and Tesla’s deal to sell its cars to Hertz Global Holdings Inc.The company is valued at nearly $60 billion, about $8.4 billion behind Ford, which had almost $100 billion more in sales through the first nine months of 2021.\nRivian, a company that started in Michigan and later moved its headquarters to California, has raised roughly $10.5 billion in the private markets since the start of 2019 and now is getting ready for an initial public offering.\nAt its latest capital raise in July, Rivian was valued at $27.6 billion, according to a person familiar with the raise. Amazon on Friday said it owned about 20% of Rivian and valued its stake at $3.8 billion.\nRivian declined to comment for the story ahead of its IPO.\nStill, in the capital-intensive auto industry, there is a history of startups that have launched and folded later, and both Lucid and Rivian have had to spend heavily before shipping their first vehicles.\nLucid lost $3.6 billion in the first half of 2021, while Rivian spent $2 billion from the start of last year through the end of June 2021.\nOne of the biggest challenges these two companies will confront is mastering the intricacies of mass production, analysts say.\nTyson Jominy, vice president of data and analytics at J.D. Power, said launching a model that has never been built before in an all-new factory is difficult for more experienced auto makers. “How much more so will it be for those who are kind of learning on the fly?” he added.\nLucid and Rivian will also be squaring off with deeper-pocketed auto makers, analysts say, and will need to build brand awareness.\n“It’s going to be a really tall order to establish positions in this market,” said Aakash Arora, a managing partner on Boston Consulting Group’s automotive team.\nIn many ways, both Lucid and Rivian are following Tesla’s lead. They plan to sell vehicles directly to consumers, bypassing the traditional dealer network, and Rivian plans to build its own network of fast-charges for drivers to use, helping to address a key concern for car buyers about not having enough places to plug in.\nThe two companies have also hired several former Tesla executives over the years, including engineers and manufacturing executives, to help build their businesses.\nLucid’s Mr. Rawlinson was once Tesla’s chief engineer overseeing the development of the Model S.\nThe Lucid Air, a competitor to top-end Mercedes-Benz and BMW models, has created buzz in automotive circles, delivering an EPA-certified travel range of up to 520 miles on a single battery charge—the longest of any electric vehicle on sale in the U.S. market.\n“Lucid has a high bar to rise to,” said Vivianna Van Deerlin, president of the Delaware Valley Tesla Owners Club. She has three Teslas and traveled to take delivery of her Lucid Air at an event on Saturday. For her, the Lucid purchase is about backing car companies trying to increase electric-vehicle adoption, Ms. Van Deerlin said.\n“It’s about trying something different and supporting the mission,” she added.\nRivian, meanwhile, is targeting the U.S.’s highly competitive pickup truck market with the R1T, a battery-powered model that starts at $67,500. This market has long been dominated by the Detroit car companies, and the R1T’s debut comes ahead of General Motors Co. and Ford rolling out their own battery-electric trucks.\nRivian also plans to start building a midsize sport-utility vehicle, called the R1S, in the next few months that is to be marketed as an outdoor-focused model to compete against Jeep models and the Ford Bronco.\nJ.D. Power’s Mr. Jominy said the market for SUVs and trucks has been booming in recent years and accounts for around 80% of all vehicles sold in October. However, there are still few all-electric options available to consumers for these specific body styles.\n“It is hitting what Americans want,” he said.","news_type":1,"symbols_score_info":{"LCID":0.9,"RIVN":0.9}},"isVote":1,"tweetType":1,"viewCount":2609,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":886230539,"gmtCreate":1631592537221,"gmtModify":1631889582388,"author":{"id":"3574305354088443","authorId":"3574305354088443","name":"Luke19","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3574305354088443","idStr":"3574305354088443"},"themes":[],"title":"","htmlText":"Aite","listText":"Aite","text":"Aite","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/886230539","repostId":"1141290411","repostType":4,"isVote":1,"tweetType":1,"viewCount":2272,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":136343416,"gmtCreate":1621996076835,"gmtModify":1631891594036,"author":{"id":"3574305354088443","authorId":"3574305354088443","name":"Luke19","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3574305354088443","idStr":"3574305354088443"},"themes":[],"title":"","htmlText":"You know they're totally accurate when they don't cite a single source other than 'trust me bro'","listText":"You know they're totally accurate when they don't cite a single source other than 'trust me bro'","text":"You know they're totally accurate when they don't cite a single source other than 'trust me bro'","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/136343416","repostId":"1191037526","repostType":4,"repost":{"id":"1191037526","kind":"news","pubTimestamp":1621994290,"share":"https://www.laohunote.com/m/news/1191037526?lang=zh_CN&edition=full","pubTime":"2021-05-26 09:58","market":"us","language":"en","title":"Could This Study Be Bad News for Pfizer's COVID Vaccine Sales?<blockquote>这项研究对辉瑞的COVID疫苗销售来说会是坏消息吗？</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1191037526","media":"Motley Fool","summary":"Pfizer(NYSE:PFE) stated earlier this month that it expects its COVID-19 vaccine will generate sales ","content":"<p><b>Pfizer</b>(NYSE:PFE)&nbsp;stated earlier this month that it expects its COVID-19 vaccine will generate sales of close to $26 billion this year. More revenue is on the way beyond 2021. For example, Pfizer and its partner<b>BioNTech</b>(NASDAQ:BNTX)recently announced a new deal with the European Union tosupply up to 1.8 billion additional dosesthrough 2023.</p><p><blockquote><b>辉瑞</b>（纽约证券交易所股票代码：PFE）本月早些时候表示，预计其 COVID-19 疫苗今年的销售额将接近 260 亿美元。2021 年后将有更多收入。例如，辉瑞及其合作伙伴<b>生物技术</b>（纳斯达克股票代码：BNTX）最近宣布与欧盟达成一项新协议，到 2023 年额外供应多达 18 亿剂疫苗。</blockquote></p><p> However, the dynamics of the COVID-19 vaccine market are constantly changing. Last week, researchers in Spain reported results from a clinical study that included Pfizer's COVID-19 vaccine. Could these results be bad news for future sales of Pfizer's vaccine?</p><p><blockquote>然而，新冠肺炎疫苗市场的动态在不断变化。上周，西班牙的研究人员报告了一项临床研究的结果，其中包括辉瑞的 COVID-19 疫苗。这些结果对辉瑞疫苗的未来销售会是坏消息吗？</blockquote></p><p> <img src=\"https://static.tigerbbs.com/5ae75aadcdda23603ea8f59dda16c30a\" tg-width=\"700\" tg-height=\"375\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p> IMAGE SOURCE: GETTY IMAGES.</p><p><blockquote>图片来源：盖蒂图片社。</blockquote></p><p> <b>A mix-and-match milestone</b></p><p><blockquote><b>混搭里程碑</b></blockquote></p><p> Scientists have wondered what would happen if the initial dose of one COVID-19 vaccine was followed by a second dose from another vaccine. A few so-called \"mix-and-match\" clinical studies have been undertaken to find the answer. On May 18, the first results from one of those studies were announced.</p><p><blockquote>科学家们想知道，如果一种新冠肺炎疫苗的第一剂之后是另一种疫苗的第二剂，会发生什么。已经进行了一些所谓的“混搭”临床研究来寻找答案。5月18日，其中一项研究的首批结果公布。</blockquote></p><p> Researchers at the Carlos III Health Institute in Spain recruited participants for the CombiVacS clinical study who had received only a single dose of<b>AstraZeneca</b>'s(NASDAQ:AZN)vaccine within the previous eight weeks. Instead of administering the second dose of AstraZeneca's vaccine, the Spanish team gave the participants Pfizer's and BioNTech's COVID-19 vaccine instead.</p><p><blockquote>西班牙卡洛斯三世健康研究所的研究人员招募了仅接受单剂量CombiVacS临床研究的参与者<b>阿斯利康</b>’s（纳斯达克股票代码：AZN）疫苗在过去八周内。西班牙团队没有注射第二剂阿斯利康疫苗，而是给参与者注射了辉瑞和BioNTech的新冠肺炎疫苗。</blockquote></p><p> What happened? Participants receiving a first dose of the AstraZeneca vaccine followed by a second dose of the Pfizer vaccine experienced immune system responses that were \"greatly enhanced.\" The researchers reported that antibody levels for this group were at least 40 times higher than for individuals who only received a single dose of AstraZeneca's vaccine. These antibody levels were also higher than those reported for individuals who received two doses of the Pfizer vaccine.</p><p><blockquote>发生什么事了？接受第一剂阿斯利康疫苗，然后接受第二剂辉瑞疫苗的参与者经历了“大大增强”的免疫系统反应。研究人员报告说，这一群体的抗体水平至少比只接种一剂阿斯利康疫苗的个体高40倍。这些抗体水平也高于接受两剂辉瑞疫苗的个体报告的抗体水平。</blockquote></p><p> Side effects were similar to those observed in the past with the Pfizer vaccine. There were no adverse effects that required special medical attention or hospitalization. The most common side effects were headache, malaise, nausea, cough, and fever, most of which were mild cases.</p><p><blockquote>副作用与过去使用辉瑞疫苗观察到的副作用相似。没有需要特殊医疗护理或住院治疗的不良反应。最常见的副作用是头痛、不适、恶心、咳嗽和发热，其中大多数是轻度病例。</blockquote></p><p> <b>Bad for Pfizer?</b></p><p><blockquote><b>对辉瑞不利？</b></blockquote></p><p> It's easy to see how these mix-and-match results might negatively impact the sales of Pfizer's vaccine. If a combination of one dose of the AstraZeneca vaccine with a second dose of the Pfizer vaccine is more effective than two doses of the Pfizer vaccine, governments could want to take this approach. In theory, that could slash Pfizer's sales in half.</p><p><blockquote>很容易看出这些混合搭配的结果可能会对辉瑞疫苗的销售产生负面影响。如果一剂阿斯利康疫苗与第二剂辉瑞疫苗的组合比两剂辉瑞疫苗更有效，政府可能希望采取这种方法。理论上，这可能会使辉瑞的销售额减半。</blockquote></p><p> But don't put the cart before the horse: The Spanish clinical study hasn't been peer-reviewed yet. Also, the study itself was relatively small -- only 673 people in total, with 443 receiving the mix-and-match doses and 232 only receiving the first AstraZeneca dose.</p><p><blockquote>但不要本末倒置：西班牙的临床研究尚未经过同行评审。此外，这项研究本身规模相对较小——总共只有 673 人，其中 443 人接受了混合匹配剂量，232 人只接受了第一剂阿斯利康剂量。</blockquote></p><p> The European Union isn't likely to want to go with a mix of AstraZeneca and Pfizer vaccines, however. The EU issuing AstraZenecaover allegedly failing to meet its supply commitments. This dispute played a major role in Pfizer and BioNTech winning a big supply deal that covers the next couple of years.</p><p><blockquote>然而，欧盟不太可能想混合使用阿斯利康和辉瑞疫苗。欧盟因涉嫌未能履行其供应承诺而对阿斯利康发出禁令。这场纠纷在辉瑞和 BioNTech 赢得未来几年的大型供应协议中发挥了重要作用。</blockquote></p><p> Even if the findings made by the Spanish researchers are eventually confirmed, it could still be too late to make much of a difference. There's a good chance that in future, only single-dose annual vaccinations will be required. If that's the case, any advantages offered by a two-dose regimen, including one combining AstraZeneca's and Pfizer's vaccines, could be irrelevant.</p><p><blockquote>即使西班牙研究人员的发现最终得到证实，也可能为时已晚，无法做出太大的改变。很有可能在未来，每年只需要单剂疫苗接种。如果是这样的话，两剂方案提供的任何优势，包括结合阿斯利康和辉瑞疫苗的方案，都可能无关紧要。</blockquote></p><p> <b>What really matters</b></p><p><blockquote><b>真正重要的是什么</b></blockquote></p><p> Results from the mix-and-match studies probably won't present major problems for Pfizer (or for any of the other leading vaccine makers, for that matter). What really matters for the company is how frequently booster doses will be needed.</p><p><blockquote>混合匹配研究的结果可能不会给辉瑞（或任何其他领先的疫苗制造商）带来重大问题。对该公司来说，真正重要的是需要加强剂量的频率。</blockquote></p><p> The answer to that question probably won't be answered until sometime this fall. Meanwhile, investors appear to be discounting the likelihood that Pfizer will be able to count on huge recurring revenue for years to come: The bigpharma stocktrades at only around 12 times expected earnings. Should COVID-19 vaccines be needed at least once per year from here on out, Pfizer could be viewed, in retrospect, as a bargain at its current price.</p><p><blockquote>这个问题的答案可能要到今年秋天的某个时候才能得到答案。与此同时，投资者似乎忽视了辉瑞未来几年能够依靠巨额经常性收入的可能性：这家大型制药公司的股票交易价格仅为预期市盈率的 12 倍左右。如果从现在开始每年至少需要一次 COVID-19 疫苗，那么回想起来，辉瑞可能会被视为目前价格的便宜货。</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>Could This Study Be Bad News for Pfizer's COVID Vaccine Sales?<blockquote>这项研究对辉瑞的COVID疫苗销售来说会是坏消息吗？</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\">\nCould This Study Be Bad News for Pfizer's COVID Vaccine Sales?<blockquote>这项研究对辉瑞的COVID疫苗销售来说会是坏消息吗？</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Motley Fool</strong><span class=\"h-time small\">2021-05-26 09:58</span>\n</p>\n</h4>\n</header>\n<article>\n<p><b>Pfizer</b>(NYSE:PFE)&nbsp;stated earlier this month that it expects its COVID-19 vaccine will generate sales of close to $26 billion this year. More revenue is on the way beyond 2021. For example, Pfizer and its partner<b>BioNTech</b>(NASDAQ:BNTX)recently announced a new deal with the European Union tosupply up to 1.8 billion additional dosesthrough 2023.</p><p><blockquote><b>辉瑞</b>（纽约证券交易所股票代码：PFE）本月早些时候表示，预计其 COVID-19 疫苗今年的销售额将接近 260 亿美元。2021 年后将有更多收入。例如，辉瑞及其合作伙伴<b>生物技术</b>（纳斯达克股票代码：BNTX）最近宣布与欧盟达成一项新协议，到 2023 年额外供应多达 18 亿剂疫苗。</blockquote></p><p> However, the dynamics of the COVID-19 vaccine market are constantly changing. Last week, researchers in Spain reported results from a clinical study that included Pfizer's COVID-19 vaccine. Could these results be bad news for future sales of Pfizer's vaccine?</p><p><blockquote>然而，新冠肺炎疫苗市场的动态在不断变化。上周，西班牙的研究人员报告了一项临床研究的结果，其中包括辉瑞的 COVID-19 疫苗。这些结果对辉瑞疫苗的未来销售会是坏消息吗？</blockquote></p><p> <img src=\"https://static.tigerbbs.com/5ae75aadcdda23603ea8f59dda16c30a\" tg-width=\"700\" tg-height=\"375\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p> IMAGE SOURCE: GETTY IMAGES.</p><p><blockquote>图片来源：盖蒂图片社。</blockquote></p><p> <b>A mix-and-match milestone</b></p><p><blockquote><b>混搭里程碑</b></blockquote></p><p> Scientists have wondered what would happen if the initial dose of one COVID-19 vaccine was followed by a second dose from another vaccine. A few so-called \"mix-and-match\" clinical studies have been undertaken to find the answer. On May 18, the first results from one of those studies were announced.</p><p><blockquote>科学家们想知道，如果一种新冠肺炎疫苗的第一剂之后是另一种疫苗的第二剂，会发生什么。已经进行了一些所谓的“混搭”临床研究来寻找答案。5月18日，其中一项研究的首批结果公布。</blockquote></p><p> Researchers at the Carlos III Health Institute in Spain recruited participants for the CombiVacS clinical study who had received only a single dose of<b>AstraZeneca</b>'s(NASDAQ:AZN)vaccine within the previous eight weeks. Instead of administering the second dose of AstraZeneca's vaccine, the Spanish team gave the participants Pfizer's and BioNTech's COVID-19 vaccine instead.</p><p><blockquote>西班牙卡洛斯三世健康研究所的研究人员招募了仅接受单剂量CombiVacS临床研究的参与者<b>阿斯利康</b>’s（纳斯达克股票代码：AZN）疫苗在过去八周内。西班牙团队没有注射第二剂阿斯利康疫苗，而是给参与者注射了辉瑞和BioNTech的新冠肺炎疫苗。</blockquote></p><p> What happened? Participants receiving a first dose of the AstraZeneca vaccine followed by a second dose of the Pfizer vaccine experienced immune system responses that were \"greatly enhanced.\" The researchers reported that antibody levels for this group were at least 40 times higher than for individuals who only received a single dose of AstraZeneca's vaccine. These antibody levels were also higher than those reported for individuals who received two doses of the Pfizer vaccine.</p><p><blockquote>发生什么事了？接受第一剂阿斯利康疫苗，然后接受第二剂辉瑞疫苗的参与者经历了“大大增强”的免疫系统反应。研究人员报告说，这一群体的抗体水平至少比只接种一剂阿斯利康疫苗的个体高40倍。这些抗体水平也高于接受两剂辉瑞疫苗的个体报告的抗体水平。</blockquote></p><p> Side effects were similar to those observed in the past with the Pfizer vaccine. There were no adverse effects that required special medical attention or hospitalization. The most common side effects were headache, malaise, nausea, cough, and fever, most of which were mild cases.</p><p><blockquote>副作用与过去使用辉瑞疫苗观察到的副作用相似。没有需要特殊医疗护理或住院治疗的不良反应。最常见的副作用是头痛、不适、恶心、咳嗽和发热，其中大多数是轻度病例。</blockquote></p><p> <b>Bad for Pfizer?</b></p><p><blockquote><b>对辉瑞不利？</b></blockquote></p><p> It's easy to see how these mix-and-match results might negatively impact the sales of Pfizer's vaccine. If a combination of one dose of the AstraZeneca vaccine with a second dose of the Pfizer vaccine is more effective than two doses of the Pfizer vaccine, governments could want to take this approach. In theory, that could slash Pfizer's sales in half.</p><p><blockquote>很容易看出这些混合搭配的结果可能会对辉瑞疫苗的销售产生负面影响。如果一剂阿斯利康疫苗与第二剂辉瑞疫苗的组合比两剂辉瑞疫苗更有效，政府可能希望采取这种方法。理论上，这可能会使辉瑞的销售额减半。</blockquote></p><p> But don't put the cart before the horse: The Spanish clinical study hasn't been peer-reviewed yet. Also, the study itself was relatively small -- only 673 people in total, with 443 receiving the mix-and-match doses and 232 only receiving the first AstraZeneca dose.</p><p><blockquote>但不要本末倒置：西班牙的临床研究尚未经过同行评审。此外，这项研究本身规模相对较小——总共只有 673 人，其中 443 人接受了混合匹配剂量，232 人只接受了第一剂阿斯利康剂量。</blockquote></p><p> The European Union isn't likely to want to go with a mix of AstraZeneca and Pfizer vaccines, however. The EU issuing AstraZenecaover allegedly failing to meet its supply commitments. This dispute played a major role in Pfizer and BioNTech winning a big supply deal that covers the next couple of years.</p><p><blockquote>然而，欧盟不太可能想混合使用阿斯利康和辉瑞疫苗。欧盟因涉嫌未能履行其供应承诺而对阿斯利康发出禁令。这场纠纷在辉瑞和 BioNTech 赢得未来几年的大型供应协议中发挥了重要作用。</blockquote></p><p> Even if the findings made by the Spanish researchers are eventually confirmed, it could still be too late to make much of a difference. There's a good chance that in future, only single-dose annual vaccinations will be required. If that's the case, any advantages offered by a two-dose regimen, including one combining AstraZeneca's and Pfizer's vaccines, could be irrelevant.</p><p><blockquote>即使西班牙研究人员的发现最终得到证实，也可能为时已晚，无法做出太大的改变。很有可能在未来，每年只需要单剂疫苗接种。如果是这样的话，两剂方案提供的任何优势，包括结合阿斯利康和辉瑞疫苗的方案，都可能无关紧要。</blockquote></p><p> <b>What really matters</b></p><p><blockquote><b>真正重要的是什么</b></blockquote></p><p> Results from the mix-and-match studies probably won't present major problems for Pfizer (or for any of the other leading vaccine makers, for that matter). What really matters for the company is how frequently booster doses will be needed.</p><p><blockquote>混合匹配研究的结果可能不会给辉瑞（或任何其他领先的疫苗制造商）带来重大问题。对该公司来说，真正重要的是需要加强剂量的频率。</blockquote></p><p> The answer to that question probably won't be answered until sometime this fall. Meanwhile, investors appear to be discounting the likelihood that Pfizer will be able to count on huge recurring revenue for years to come: The bigpharma stocktrades at only around 12 times expected earnings. Should COVID-19 vaccines be needed at least once per year from here on out, Pfizer could be viewed, in retrospect, as a bargain at its current price.</p><p><blockquote>这个问题的答案可能要到今年秋天的某个时候才能得到答案。与此同时，投资者似乎忽视了辉瑞未来几年能够依靠巨额经常性收入的可能性：这家大型制药公司的股票交易价格仅为预期市盈率的 12 倍左右。如果从现在开始每年至少需要一次 COVID-19 疫苗，那么回想起来，辉瑞可能会被视为目前价格的便宜货。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.fool.com/investing/2021/05/25/could-this-study-be-bad-news-pfizers-covid-vaccine/\">Motley Fool</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BNTX":"BioNTech SE","PFE":"辉瑞"},"source_url":"https://www.fool.com/investing/2021/05/25/could-this-study-be-bad-news-pfizers-covid-vaccine/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1191037526","content_text":"Pfizer(NYSE:PFE) stated earlier this month that it expects its COVID-19 vaccine will generate sales of close to $26 billion this year. More revenue is on the way beyond 2021. For example, Pfizer and its partnerBioNTech(NASDAQ:BNTX)recently announced a new deal with the European Union tosupply up to 1.8 billion additional dosesthrough 2023.\nHowever, the dynamics of the COVID-19 vaccine market are constantly changing. Last week, researchers in Spain reported results from a clinical study that included Pfizer's COVID-19 vaccine. Could these results be bad news for future sales of Pfizer's vaccine?\n\nIMAGE SOURCE: GETTY IMAGES.\nA mix-and-match milestone\nScientists have wondered what would happen if the initial dose of one COVID-19 vaccine was followed by a second dose from another vaccine. A few so-called \"mix-and-match\" clinical studies have been undertaken to find the answer. On May 18, the first results from one of those studies were announced.\nResearchers at the Carlos III Health Institute in Spain recruited participants for the CombiVacS clinical study who had received only a single dose ofAstraZeneca's(NASDAQ:AZN)vaccine within the previous eight weeks. Instead of administering the second dose of AstraZeneca's vaccine, the Spanish team gave the participants Pfizer's and BioNTech's COVID-19 vaccine instead.\nWhat happened? Participants receiving a first dose of the AstraZeneca vaccine followed by a second dose of the Pfizer vaccine experienced immune system responses that were \"greatly enhanced.\" The researchers reported that antibody levels for this group were at least 40 times higher than for individuals who only received a single dose of AstraZeneca's vaccine. These antibody levels were also higher than those reported for individuals who received two doses of the Pfizer vaccine.\nSide effects were similar to those observed in the past with the Pfizer vaccine. There were no adverse effects that required special medical attention or hospitalization. The most common side effects were headache, malaise, nausea, cough, and fever, most of which were mild cases.\nBad for Pfizer?\nIt's easy to see how these mix-and-match results might negatively impact the sales of Pfizer's vaccine. If a combination of one dose of the AstraZeneca vaccine with a second dose of the Pfizer vaccine is more effective than two doses of the Pfizer vaccine, governments could want to take this approach. In theory, that could slash Pfizer's sales in half.\nBut don't put the cart before the horse: The Spanish clinical study hasn't been peer-reviewed yet. Also, the study itself was relatively small -- only 673 people in total, with 443 receiving the mix-and-match doses and 232 only receiving the first AstraZeneca dose.\nThe European Union isn't likely to want to go with a mix of AstraZeneca and Pfizer vaccines, however. The EU issuing AstraZenecaover allegedly failing to meet its supply commitments. This dispute played a major role in Pfizer and BioNTech winning a big supply deal that covers the next couple of years.\nEven if the findings made by the Spanish researchers are eventually confirmed, it could still be too late to make much of a difference. There's a good chance that in future, only single-dose annual vaccinations will be required. If that's the case, any advantages offered by a two-dose regimen, including one combining AstraZeneca's and Pfizer's vaccines, could be irrelevant.\nWhat really matters\nResults from the mix-and-match studies probably won't present major problems for Pfizer (or for any of the other leading vaccine makers, for that matter). What really matters for the company is how frequently booster doses will be needed.\nThe answer to that question probably won't be answered until sometime this fall. Meanwhile, investors appear to be discounting the likelihood that Pfizer will be able to count on huge recurring revenue for years to come: The bigpharma stocktrades at only around 12 times expected earnings. Should COVID-19 vaccines be needed at least once per year from here on out, Pfizer could be viewed, in retrospect, as a bargain at its current price.","news_type":1,"symbols_score_info":{"PFE":0.9,"BNTX":0.9}},"isVote":1,"tweetType":1,"viewCount":900,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":194932599,"gmtCreate":1621332688611,"gmtModify":1631891594078,"author":{"id":"3574305354088443","authorId":"3574305354088443","name":"Luke19","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3574305354088443","idStr":"3574305354088443"},"themes":[],"title":"","htmlText":"Looks good","listText":"Looks good","text":"Looks good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/194932599","repostId":"1168427878","repostType":4,"repost":{"id":"1168427878","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":1621332168,"share":"https://www.laohunote.com/m/news/1168427878?lang=zh_CN&edition=full","pubTime":"2021-05-18 18:02","market":"us","language":"en","title":"Home Depot crushes estimates, its sales jump 32.7% as customers rang up bigger purchases<blockquote>家得宝 (Home Depot) 超出预期，由于顾客增加购买量，其销售额增长 32.7%</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1168427878","media":"Tiger Newspress","summary":"KEY POINTS\n\nShares of Home Depot have risen more than 20% this year, giving it a market value of $34","content":"<p><b>KEY POINTS</b></p><p><blockquote><b>要点</b></blockquote></p><p> <ul>  <li>Shares of Home Depot have risen more than 20% this year, giving it a market value of $343 billion.</li>  <li>The retailer has gotten a boost to sales over the last year during the coronavirus pandemic.</li>  <li>The big question for Home Depot is whether it will be able to hold onto those gains even after the crisis subsides.</li> </ul> Home Depot&nbsp;on Tuesday crushed Wall Street's earnings estimates as consumers spent more money at the retailer this quarter.</p><p><blockquote><ul><li>家得宝的股价今年已上涨超过 20%，市值达到 3430 亿美元。</li><li>去年冠状病毒大流行期间，该零售商的销售额有所增长。</li><li>家得宝面临的最大问题是，即使危机消退后，它是否能够保住这些收益。</li></ul>家得宝（Home Depot）周二打破了华尔街的盈利预期，因为消费者本季度在该零售商身上花费了更多资金。</blockquote></p><p> Here's what the company reported compared with what Wall Street was expecting, based on a survey of analysts by Refinitiv:</p><p><blockquote>根据 Refinitiv 对分析师的调查，该公司报告的内容与华尔街的预期进行了比较：</blockquote></p><p> <ul>  <li>Earnings per share: $3.86, vs. $3.08 expected</li>  <li>Revenue: $37.5 billion, vs. $34.96 billion expected</li> </ul> The retailer reported fiscal first-quarter net income of $4.15 billion, or $3.86 per share, up from $2.25 billion, or $2.08 per share, a year earlier. Analysts surveyed by Refinitiv were expecting earnings per share of $3.08.</p><p><blockquote><ul><li>每股收益：3.86 美元，预期为 3.08 美元</li><li>收入：375 亿美元，预期为 349.6 亿美元</li></ul>该零售商公布第一财季净利润为 41.5 亿美元，即每股 3.86 美元，高于去年同期的 22.5 亿美元，即每股 2.08 美元。路孚特调查的分析师预计每股收益为 3.08 美元。</blockquote></p><p> Net sales rose 32.7% to $37.5 billion, beating expectations of $34.96 billion. Global same-store sales surged 31% for the quarter.</p><p><blockquote>净销售额增长 32.7%，达到 375 亿美元，超出预期的 349.6 亿美元。本季度全球同店销售额飙升 31%。</blockquote></p><p> This is the first quarter that the retailer is facing year-over-year comparisons to its business during lockdowns. A year ago,its first-quarter same-store sales&nbsp;grew 6.4%. Home Depot was classified as an essential business, accelerating sales for the company's do-it-yourself business as consumers tackled new projects while at home.</p><p><blockquote>这是该零售商在封锁期间面临业务同比比较的第一个季度。一年前，其第一季度同店销售额增长了6.4%。家得宝被归类为重要业务，随着消费者在家处理新项目，加速了该公司DIY业务的销售。</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>Home Depot crushes estimates, its sales jump 32.7% as customers rang up bigger purchases<blockquote>家得宝 (Home Depot) 超出预期，由于顾客增加购买量，其销售额增长 32.7%</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; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nHome Depot crushes estimates, its sales jump 32.7% as customers rang up bigger purchases<blockquote>家得宝 (Home Depot) 超出预期，由于顾客增加购买量，其销售额增长 32.7%</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\">2021-05-18 18:02</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p><b>KEY POINTS</b></p><p><blockquote><b>要点</b></blockquote></p><p> <ul>  <li>Shares of Home Depot have risen more than 20% this year, giving it a market value of $343 billion.</li>  <li>The retailer has gotten a boost to sales over the last year during the coronavirus pandemic.</li>  <li>The big question for Home Depot is whether it will be able to hold onto those gains even after the crisis subsides.</li> </ul> Home Depot&nbsp;on Tuesday crushed Wall Street's earnings estimates as consumers spent more money at the retailer this quarter.</p><p><blockquote><ul><li>家得宝的股价今年已上涨超过 20%，市值达到 3430 亿美元。</li><li>去年冠状病毒大流行期间，该零售商的销售额有所增长。</li><li>家得宝面临的最大问题是，即使危机消退后，它是否能够保住这些收益。</li></ul>家得宝（Home Depot）周二打破了华尔街的盈利预期，因为消费者本季度在该零售商身上花费了更多资金。</blockquote></p><p> Here's what the company reported compared with what Wall Street was expecting, based on a survey of analysts by Refinitiv:</p><p><blockquote>根据 Refinitiv 对分析师的调查，该公司报告的内容与华尔街的预期进行了比较：</blockquote></p><p> <ul>  <li>Earnings per share: $3.86, vs. $3.08 expected</li>  <li>Revenue: $37.5 billion, vs. $34.96 billion expected</li> </ul> The retailer reported fiscal first-quarter net income of $4.15 billion, or $3.86 per share, up from $2.25 billion, or $2.08 per share, a year earlier. Analysts surveyed by Refinitiv were expecting earnings per share of $3.08.</p><p><blockquote><ul><li>每股收益：3.86 美元，预期为 3.08 美元</li><li>收入：375 亿美元，预期为 349.6 亿美元</li></ul>该零售商公布第一财季净利润为 41.5 亿美元，即每股 3.86 美元，高于去年同期的 22.5 亿美元，即每股 2.08 美元。路孚特调查的分析师预计每股收益为 3.08 美元。</blockquote></p><p> Net sales rose 32.7% to $37.5 billion, beating expectations of $34.96 billion. Global same-store sales surged 31% for the quarter.</p><p><blockquote>净销售额增长 32.7%，达到 375 亿美元，超出预期的 349.6 亿美元。本季度全球同店销售额飙升 31%。</blockquote></p><p> This is the first quarter that the retailer is facing year-over-year comparisons to its business during lockdowns. A year ago,its first-quarter same-store sales&nbsp;grew 6.4%. Home Depot was classified as an essential business, accelerating sales for the company's do-it-yourself business as consumers tackled new projects while at home.</p><p><blockquote>这是该零售商在封锁期间面临业务同比比较的第一个季度。一年前，其第一季度同店销售额增长了6.4%。家得宝被归类为重要业务，随着消费者在家处理新项目，加速了该公司DIY业务的销售。</blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"HD":"家得宝"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1168427878","content_text":"KEY POINTS\n\nShares of Home Depot have risen more than 20% this year, giving it a market value of $343 billion.\nThe retailer has gotten a boost to sales over the last year during the coronavirus pandemic.\nThe big question for Home Depot is whether it will be able to hold onto those gains even after the crisis subsides.\n\nHome Depot on Tuesday crushed Wall Street's earnings estimates as consumers spent more money at the retailer this quarter.\nHere's what the company reported compared with what Wall Street was expecting, based on a survey of analysts by Refinitiv:\n\nEarnings per share: $3.86, vs. $3.08 expected\nRevenue: $37.5 billion, vs. $34.96 billion expected\n\nThe retailer reported fiscal first-quarter net income of $4.15 billion, or $3.86 per share, up from $2.25 billion, or $2.08 per share, a year earlier. Analysts surveyed by Refinitiv were expecting earnings per share of $3.08.\nNet sales rose 32.7% to $37.5 billion, beating expectations of $34.96 billion. Global same-store sales surged 31% for the quarter.\nThis is the first quarter that the retailer is facing year-over-year comparisons to its business during lockdowns. A year ago,its first-quarter same-store sales grew 6.4%. 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