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2021-09-03

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2021-09-02

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2021-08-30

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2021-08-27

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Box: A Comfortable Investment At Tremendously Cheap Prices<blockquote>盒子：价格极其便宜的舒适投资</blockquote>

2021-08-27

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2021-08-25

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2021-08-24

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US airline and cruise shares surged in morning trading<blockquote>美国航空公司和邮轮股价早盘飙升</blockquote>

2021-08-23

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2021-08-21

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Why This Virgin Galactic Analyst Just Cut Their Price Target By Nearly 40%<blockquote>为什么这位维珍银河分析师刚刚将目标价下调近40%</blockquote>

2021-08-19

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2021-08-18

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2021-08-16

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2021-08-13

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2021-08-12

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2021-08-11

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Ascend Wellness Holdings Beats on Q2 2021 Revenue, Increases Full-Year Net Revenue Guidance To $330-$350M<blockquote>Ascend Wellness Holdings 2021年第二季度收入超出预期，将全年净收入指引提高至3.30-3.5亿美元</blockquote>

2021-08-09

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Tesla stock was up 2% in early trading following an upgrade to ‘buy’ from Jefferies with a target of $850 from the previous $700.<blockquote>杰富瑞(Jefferies)将目标价从之前的700美元上调至850美元，特斯拉股价早盘上涨2%。</blockquote>

2021-08-07

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2021-08-03

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Pentagon on lockdown after gunshots fired near Metro<blockquote>地铁附近发生枪击事件后五角大楼处于封锁状态</blockquote>

2021-08-03

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2021-08-01

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Investors, Beware! Stocks Are Entering the Most Dangerous Stretch of the Year<blockquote>投资者当心！股市正在进入今年最危险的时期</blockquote>

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21:25","market":"us","language":"en","title":"Box: A Comfortable Investment At Tremendously Cheap Prices<blockquote>盒子：价格极其便宜的舒适投资</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1177903834","media":"seekingalpha","summary":"Summary\n\nShares of Box have fallen ~5% after a strong Q2 earnings report.\nRevenue growth accelerated","content":"<p><b>Summary</b></p><p><blockquote><b>总结</b></blockquote></p><p> <ul>  <li>Shares of Box have fallen ~5% after a strong Q2 earnings report.</li>  <li>Revenue growth accelerated to 12% y/y, and billings growth of 13% y/y indicates that revenue growth may even pick up slightly.</li>  <li>The company also delivered significant margin expansion and expects to hit the \"Rule of 40\" on a free cash flow basis by FY24.</li>  <li>Box is still a very cheap stock at &lt;4x forward revenue.</li> </ul> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/1670e3d657812cae8258809923793c19\" tg-width=\"1536\" tg-height=\"1026\" referrerpolicy=\"no-referrer\"><span>Noam Galai/Getty Images Entertainment</span></p><p><blockquote><ul><li>在发布强劲的第二季度收益报告后，Box股价下跌约5%。</li><li>收入同比增长加速至12%，账单同比增长13%，表明收入增长甚至可能略有回升。</li><li>该公司还实现了利润率显着扩张，预计到2024财年自由现金流将达到“40法则”。</li><li>Box仍然是一只非常便宜的股票，预期收入不到4倍。</li></ul><p class=\"t-img-caption\"><span>诺姆·加莱/盖蒂图片社</span></p></blockquote></p><p> So far, the year 2021 has been a promising one for Box(NYSE:BOX). The file storage and sharing service, one of the earlier SaaS companies to go public and gain a reputation for \"growth at all costs,\" has seen a 40% jump in its stock price year to date, more than doubling that of the S&amp;P 500 - though that hardly makes up for Box's years of disappointing returns. This is the year, however, that investors have seemed to favor positioning themselves defensively with value stocks over growth, even with the market counting to sit at all-time highs.</p><p><blockquote>到目前为止，2021年对于Box（纽约证券交易所股票代码：BOX）来说是充满希望的一年。这家文件存储和共享服务公司是较早上市并赢得“不惜一切代价实现增长”声誉的SaaS公司之一，今年迄今为止，其股价已上涨40%，是标普500的两倍多——尽管这很难弥补Box多年来令人失望的回报。然而，今年，投资者似乎更倾向于将价值股置于防御性地位，而不是成长股，尽管市场有望达到历史高点。</blockquote></p><p> A slight crack in this positive rebound showed after Box reported Q2 results, which resulted in a ~5% dip despite strong top and bottom-line results. In my view, the dip is a strong buying opportunity in a company that has repeatedly shown its capacity to scale profitably and to retain growth in a software category that is often described as overly competitive.</p><p><blockquote>Box公布第二季度业绩后，这种积极的反弹出现了轻微的裂痕，尽管营收和利润强劲，但仍导致股价下跌约5%。在我看来，对于一家一再表现出盈利规模并在经常被描述为竞争过度的软件类别中保持增长的公司来说，此次下跌是一个强有力的买入机会。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/8e9c3ef144b8f48e4171067b3519dce8\" tg-width=\"635\" tg-height=\"417\" width=\"100%\" height=\"auto\"><span>Data by YCharts</span></p><p><blockquote><p class=\"t-img-caption\"><span>数据来自YCharts</span></p></blockquote></p><p> My main investing strategy over the past year has been to find stocks that I feel comfortable buying at all-time market tops. The basic question here is: \"what stock will be relatively immune to, say, a ~20% market correction, by gist of the fact that it's already currently cheap to begin with?\" Box has always retained a strong value element, and today, with strong forward-looking estimates plus a still-depressed share price, that value element has never been brighter.</p><p><blockquote>过去一年，我的主要投资策略是寻找我觉得可以在市场历史高点买入的股票。这里的基本问题是：“鉴于目前的价格已经很便宜，哪只股票相对不受大约20%的市场调整的影响？”Box始终保留着强大的价值要素，如今，凭借强劲的前瞻性预测加上仍然低迷的股价，这一价值要素从未如此光明。</blockquote></p><p> At current share prices near $25, Box trades at a market cap of $3.85 billion. After we net off the $829.4 million of cash and $366.5 million of debt on Box's most recent balance sheet, the company's resulting enterprise value is $3.39 billion.</p><p><blockquote>按目前接近25美元的股价计算，Box的市值为38.5亿美元。在我们扣除Box最新资产负债表上的8.294亿美元现金和3.665亿美元债务后，该公司的企业价值为33.9亿美元。</blockquote></p><p> For the current fiscal year, Box has guided to revenue of $856-$860 million, representing 12% y/y growth. For the next fiscal year (FY22), Wall Street analysts have given a consensus revenue target of $942.5 million for Box, representing 11% y/y growth (data from Yahoo Finance). This puts Box's valuation multiples at an ultra-modest multiple of:</p><p><blockquote>本财年，Box预计收入为8.56-8.6亿美元，同比增长12%。对于下一财年（2022财年），华尔街分析师一致认为Box的收入目标为9.425亿美元，同比增长11%（数据来自雅虎财经）。这使得Box的估值倍数处于超适中的倍数：</blockquote></p><p> <ul>  <li><b>4.0x EV/FY21 revenue</b></li>  <li><b>3.6x EV/FY22 revenue</b></li> </ul> Recall as well that Box has maintained its goal of hitting a \"Rule of 40\" profile by FY24, which it defines as revenue growth plus free cash flow margin (the latter standing in for how most companies calculate the Rule of 40, with pro forma operating margin instead of FCF).</p><p><blockquote><ul><li><b>4.0倍EV/21财年收入</b></li><li><b>3.6倍EV/22财年收入</b></li></ul>还要回顾一下，Box一直保持着到2024财年达到“40法则”的目标，它将其定义为收入增长加上自由现金流利润率（后者代表了大多数公司计算40法则的方式，预计营业利润率而不是自由现金流）。</blockquote></p><p> Figure 1. Box Rule of 40</p><p><blockquote>图1。方框规则40</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/ffb5ce6e7901cd0b87e178d41c64b2ea\" tg-width=\"640\" tg-height=\"334\" width=\"100%\" height=\"auto\"><span>Source: BoxQ2 investor presentation</span></p><p><blockquote><p class=\"t-img-caption\"><span>资料来源：BoxQ2投资者介绍</span></p></blockquote></p><p> Let's tease that out quickly. If Box hits 11% y/y growth in the two years after FY22, then its revenue in that year would be $1.16 billion. The lower point of its guidance would suggest a 29% FCF margin (though it really expects to be at 40%+ growth plus FCF margin in that year), which would imply $336.4 million in FCF. Its current valuation, then, stands at a ~10x multiple of future cash flow (an even lower multiple would result if Box outperforms the lower end of its Rule of 40 guidance).</p><p><blockquote>让我们快速梳理一下。如果Box在2022财年之后的两年内实现11%的同比增长，那么其当年的收入将为11.6亿美元。其指导的较低点表明自由现金流利润率为29%（尽管它确实预计当年的增长加上自由现金流利润率为40%以上），这意味着自由现金流为3.364亿美元。因此，其目前的估值约为未来现金流的10倍（如果Box的表现优于其40规则指导的下限，则会导致更低的倍数）。</blockquote></p><p> Aside from the free cash flow opportunity, here are the other reasons to be bullish on Box, as a refresher:</p><p><blockquote>除了自由现金流机会之外，以下是看好Box的其他原因，作为回顾：</blockquote></p><p></p><p> <ul>  <li><b>Nearly pure recurring revenue business that has shown resilience during macroeconomic shocks.</b>Even amid the pandemic, Box has managed to retain its low double-digit/high single-digit revenue growth rates. Revenue growth in Q2 accelerated over Q1, showing sustained momentum.</li>  <li><b>Enterprise orientation.</b>Of all of its well-known competitors, Box is the only company that is enterprise-focused. The company touts its security features plus advanced capabilities like Box Skills as key distinguishers versus the likes of Dropbox.</li>  <li><b>Box's product portfolio expansion has led to a $55 billion market.</b>Despite competition, Box cites a massive $55 billion market across storage, content collaboration, and data security. That's a big enough space for multiple incumbents, and also suggests Box is only currently ~2% penetrated into this overall market. Recent portfolio additions like Box Sign have greatly expanded Box's potential.</li> </ul> Stay long here and use the dip as a buying opportunity.</p><p><blockquote><ul><li><b>近乎纯粹的经常性收入业务，在宏观经济冲击期间表现出弹性。</b>即使在疫情期间，Box仍设法保持了低两位数/高个位数的收入增长率。Q2营收增速较Q1加快，呈现持续势头。</li><li><b>企业导向。</b>在所有知名竞争对手中，Box是唯一一家专注于企业的公司。该公司吹捧其安全功能以及Box Skills等高级功能是与Dropbox等公司的关键区别。</li><li><b>Box的产品组合扩张带来了550亿美元的市场。</b>尽管存在竞争，Box仍列举了存储、内容协作和数据安全领域价值550亿美元的巨大市场。对于多个现有企业来说，这是一个足够大的空间，也表明Box目前仅渗透到整个市场约2%。最近增加的产品组合，如Box Sign，极大地扩展了Box的潜力。</li></ul>在这里做多，并利用下跌作为买入机会。</blockquote></p><p> <b>Q2 download</b></p><p><blockquote><b>Q2下载</b></blockquote></p><p> Let's now cover Box's latest second-quarter results in greater detail. There were no major red flags to be found, in my mind, that warrants Box's ~5% drop.</p><p><blockquote>现在让我们更详细地介绍Box最新的第二季度业绩。在我看来，没有发现任何重大危险信号可以证明Box下跌约5%。</blockquote></p><p> Starting with revenue: Box saw its revenue growth accelerate two points in the quarter, growing 12% y/y to $214.5 million, edging out over Wall Street's $213.0 million (+11% y/y) expectations. We note as well that this is Box's strongest quarter for revenue growth over the past five.</p><p><blockquote>从收入开始：Box本季度收入增长加速两个百分点，同比增长12%至2.145亿美元，略高于华尔街2.13亿美元（同比增长11%）的预期。我们还注意到，这是Box过去五年来收入增长最强劲的季度。</blockquote></p><p> Figure 2. Box revenue growth trends</p><p><blockquote>图2。盒子收入增长趋势</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/3b477b6fd8ecc7c46b3fcce168903fcb\" tg-width=\"640\" tg-height=\"361\" width=\"100%\" height=\"auto\"><span>Source: Box Q2 investor presentation</span></p><p><blockquote><p class=\"t-img-caption\"><span>资料来源：Box第二季度投资者介绍</span></p></blockquote></p><p> Box has also shown strong billings trends. Recall that in Q1, the company saw 24% y/y growth in billings, but against a very easy pandemic comp that saw deal signings materially slow down upon the immediate start of lockdowns. Yet billings were also strong in Q2 at 13% y/y growth, indicating that revenue growth may accelerate beyond 12% y/y growth in the near future. Note that Box's long-term operating plan calls for revenue growth between 12-16% y/y (so our expectations of 11% y/y are more on the conservative side). Box's deferred revenue is also up 16% y/y, indicating a strong \"pipeline\" of deals billed that are waiting to be recognized as revenue.</p><p><blockquote>Box也显示出强劲的计费趋势。回想一下，在第一季度，该公司的账单同比增长了24%，但与非常轻松的疫情相比，交易签署在封锁立即开始后大幅放缓。然而，第二季度的营收也很强劲，同比增长13%，这表明收入增长在不久的将来可能会加速超过12%的同比增长。请注意，Box的长期运营计划评级收入同比增长12-16%（因此我们对同比增长11%的预期更为保守）。Box的递延收入也同比增长16%，表明等待确认为收入的已计费交易“管道”很强。</blockquote></p><p> Figure 3. Box billings trends</p><p><blockquote>图3.Box billings趋势</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/3b81a48cf40f716a78b1cadfb79ae971\" tg-width=\"640\" tg-height=\"336\" width=\"100%\" height=\"auto\"><span>Source: Box Q2 investor presentation</span></p><p><blockquote><p class=\"t-img-caption\"><span>资料来源：Box第二季度投资者介绍</span></p></blockquote></p><p> The company has noted that the rollout of the Box Sign product, Box's answer to the likes of DocuSign, has been a successful one. Here's some useful anecdotal commentary from founder and CEO Aaron Levie on the most recent Q2 earnings call detailing Box Sign traction and other go-to-market strengths:</p><p><blockquote>该公司指出，Box Sign产品（Box对DocuSign等产品的回应）的推出取得了成功。以下是创始人兼首席执行官Aaron Levie对看涨期权最新第二季度收益的一些有用的轶事评论，详细介绍了Box Sign的吸引力和其他上市优势：</blockquote></p><p>   Initial response from customers has been very positive and we're rolling out Box Sign to all business and enterprise customers throughout this fall with a significant roadmap of innovation ahead [...]    Building on the success of suites, in late July, we also announced a new simplified product addition for our enterprise customers called Enterprise Plus, which includes shield governance, relay, platform, Box Sign, the ability for large file uploads and enhanced support and consulting credits. You can see the success of our go-to-market efforts most clearly when looking at our Q2 customer expansion. For instance, one of the largest banks in the world purchases seven figure deal with multiple products, including key safe governance, relay shield and platform to support new use cases for Box, including claims processing and loan origination and a more secure virtual environment.\"  To Levie's last point, multi-product customers have become a defining feature of Box's growth strategy. 73% of Box's &gt;$100k deals are now \"Box Suite\" deals, with custom pricing for a basket of Box services. Two years ago, when Box was still rolling out Suites, this rate stood closer to 10%.</p><p><blockquote>客户的初步反应非常积极，我们将在今年秋季向所有商业和企业客户推出Box Sign，并制定重要的创新路线图[...]在suites成功的基础上，7月下旬，我们还宣布为我们的企业客户推出一款名为Enterprise Plus的新简化产品，其中包括shield governance、relay、platform、Box Sign、大型文件上传功能以及增强的支持和咨询信用。当您查看我们第二季度的客户扩张时，您可以最清楚地看到我们上市努力的成功。例如，世界上最大的银行之一购买了多个产品的七位数交易，包括key safe governance、relay shield和支持Box新用例的平台，包括索赔处理和贷款发放以及更安全的虚拟环境。”Levie的最后一点是，多产品客户已成为Box增长战略的决定性特征。Box超过10万美元的交易中有73%现在是“Box Suite”交易，对一篮子Box服务进行定制定价。两年前，当Box还在推出套件时，这一比例接近10%。</blockquote></p><p> The trend toward more products per customer has helped bring up Box's net revenue retention rates as well, which you can see in the chart below has improved to 106%, from the low 100% range during the pandemic:</p><p><blockquote>每位客户提供更多产品的趋势也有助于提高Box的净收入保留率，如下图所示，净收入保留率已从大流行期间100%的低范围提高到106%：</blockquote></p><p> Figure 4. Box net retention rates</p><p><blockquote>图4.盒子净保留率</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/04cfd569714ad97156280e851aa6abac\" tg-width=\"640\" tg-height=\"337\" width=\"100%\" height=\"auto\"><span>Source: Box Q2 investor presentation</span></p><p><blockquote><p class=\"t-img-caption\"><span>资料来源：Box第二季度投资者介绍</span></p></blockquote></p><p> Box also managed to retain these strong top-line trends while delivering substantial profitability performance. The company's gross margins improved 100bps to 74.5%, while pro forma operating expenses fell 4% as a percentage of revenue, driven by a two-point reduction each in sales and marketing and R&amp;D expenses:</p><p><blockquote>Box还成功保持了这些强劲的营收趋势，同时实现了可观的盈利表现。该公司的毛利率提高了100个基点，达到74.5%，而预计运营费用占收入的百分比下降了4%，这是由于销售和营销费用以及研发费用各下降了两个百分点：</blockquote></p><p> Figure 5. Box gross margin trends</p><p><blockquote>图5.盒子毛利率趋势</blockquote></p><p></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/92552ec3249e1c378987e476b7ff4bb3\" tg-width=\"640\" tg-height=\"328\" width=\"100%\" height=\"auto\"><span>Source: Box Q2 investor presentation</span></p><p><blockquote><p class=\"t-img-caption\"><span>资料来源：Box第二季度投资者介绍</span></p></blockquote></p><p> The company also delivered $29.8 million of free cash flow in the quarter, up more than 2x y/y. Year to date, Box's free cash flow of $105.7 million has also doubled y/y and is at a 25% FCF margin.</p><p><blockquote>该公司本季度还实现了2980万美元的自由现金流，同比增长超过2倍。今年迄今为止，Box的自由现金流为1.057亿美元，同比也翻了一番，自由现金流利润率为25%。</blockquote></p><p> <b>Key takeaways</b></p><p><blockquote><b>关键要点</b></blockquote></p><p> Box falls into a category of stocks that I would consider \"guilt free.\" I don't need to feel anxious about buying this stock at market highs because I know its ultra-low valuation shields it from much further downside. On top of consistent low-teens growth, free cash flow expansion and ambitious long-term targets for continued FCF conversion, I'm staying long here.</p><p><blockquote>Box属于我认为“无罪”的股票类别。我不需要对在市场高点购买这只股票感到焦虑，因为我知道它的超低估值使其免受进一步下跌的影响。除了持续的低增长、自由现金流扩张以及持续自由现金流转换的雄心勃勃的长期目标之外，我还会在这里呆很长时间。</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>Box: A Comfortable Investment At Tremendously Cheap Prices<blockquote>盒子：价格极其便宜的舒适投资</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\">\nBox: A Comfortable Investment At Tremendously Cheap Prices<blockquote>盒子：价格极其便宜的舒适投资</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">seekingalpha</strong><span class=\"h-time small\">2021-08-27 21:25</span>\n</p>\n</h4>\n</header>\n<article>\n<p><b>Summary</b></p><p><blockquote><b>总结</b></blockquote></p><p> <ul>  <li>Shares of Box have fallen ~5% after a strong Q2 earnings report.</li>  <li>Revenue growth accelerated to 12% y/y, and billings growth of 13% y/y indicates that revenue growth may even pick up slightly.</li>  <li>The company also delivered significant margin expansion and expects to hit the \"Rule of 40\" on a free cash flow basis by FY24.</li>  <li>Box is still a very cheap stock at &lt;4x forward revenue.</li> </ul> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/1670e3d657812cae8258809923793c19\" tg-width=\"1536\" tg-height=\"1026\" referrerpolicy=\"no-referrer\"><span>Noam Galai/Getty Images Entertainment</span></p><p><blockquote><ul><li>在发布强劲的第二季度收益报告后，Box股价下跌约5%。</li><li>收入同比增长加速至12%，账单同比增长13%，表明收入增长甚至可能略有回升。</li><li>该公司还实现了利润率显着扩张，预计到2024财年自由现金流将达到“40法则”。</li><li>Box仍然是一只非常便宜的股票，预期收入不到4倍。</li></ul><p class=\"t-img-caption\"><span>诺姆·加莱/盖蒂图片社</span></p></blockquote></p><p> So far, the year 2021 has been a promising one for Box(NYSE:BOX). The file storage and sharing service, one of the earlier SaaS companies to go public and gain a reputation for \"growth at all costs,\" has seen a 40% jump in its stock price year to date, more than doubling that of the S&amp;P 500 - though that hardly makes up for Box's years of disappointing returns. This is the year, however, that investors have seemed to favor positioning themselves defensively with value stocks over growth, even with the market counting to sit at all-time highs.</p><p><blockquote>到目前为止，2021年对于Box（纽约证券交易所股票代码：BOX）来说是充满希望的一年。这家文件存储和共享服务公司是较早上市并赢得“不惜一切代价实现增长”声誉的SaaS公司之一，今年迄今为止，其股价已上涨40%，是标普500的两倍多——尽管这很难弥补Box多年来令人失望的回报。然而，今年，投资者似乎更倾向于将价值股置于防御性地位，而不是成长股，尽管市场有望达到历史高点。</blockquote></p><p> A slight crack in this positive rebound showed after Box reported Q2 results, which resulted in a ~5% dip despite strong top and bottom-line results. In my view, the dip is a strong buying opportunity in a company that has repeatedly shown its capacity to scale profitably and to retain growth in a software category that is often described as overly competitive.</p><p><blockquote>Box公布第二季度业绩后，这种积极的反弹出现了轻微的裂痕，尽管营收和利润强劲，但仍导致股价下跌约5%。在我看来，对于一家一再表现出盈利规模并在经常被描述为竞争过度的软件类别中保持增长的公司来说，此次下跌是一个强有力的买入机会。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/8e9c3ef144b8f48e4171067b3519dce8\" tg-width=\"635\" tg-height=\"417\" width=\"100%\" height=\"auto\"><span>Data by YCharts</span></p><p><blockquote><p class=\"t-img-caption\"><span>数据来自YCharts</span></p></blockquote></p><p> My main investing strategy over the past year has been to find stocks that I feel comfortable buying at all-time market tops. The basic question here is: \"what stock will be relatively immune to, say, a ~20% market correction, by gist of the fact that it's already currently cheap to begin with?\" Box has always retained a strong value element, and today, with strong forward-looking estimates plus a still-depressed share price, that value element has never been brighter.</p><p><blockquote>过去一年，我的主要投资策略是寻找我觉得可以在市场历史高点买入的股票。这里的基本问题是：“鉴于目前的价格已经很便宜，哪只股票相对不受大约20%的市场调整的影响？”Box始终保留着强大的价值要素，如今，凭借强劲的前瞻性预测加上仍然低迷的股价，这一价值要素从未如此光明。</blockquote></p><p> At current share prices near $25, Box trades at a market cap of $3.85 billion. After we net off the $829.4 million of cash and $366.5 million of debt on Box's most recent balance sheet, the company's resulting enterprise value is $3.39 billion.</p><p><blockquote>按目前接近25美元的股价计算，Box的市值为38.5亿美元。在我们扣除Box最新资产负债表上的8.294亿美元现金和3.665亿美元债务后，该公司的企业价值为33.9亿美元。</blockquote></p><p> For the current fiscal year, Box has guided to revenue of $856-$860 million, representing 12% y/y growth. For the next fiscal year (FY22), Wall Street analysts have given a consensus revenue target of $942.5 million for Box, representing 11% y/y growth (data from Yahoo Finance). This puts Box's valuation multiples at an ultra-modest multiple of:</p><p><blockquote>本财年，Box预计收入为8.56-8.6亿美元，同比增长12%。对于下一财年（2022财年），华尔街分析师一致认为Box的收入目标为9.425亿美元，同比增长11%（数据来自雅虎财经）。这使得Box的估值倍数处于超适中的倍数：</blockquote></p><p> <ul>  <li><b>4.0x EV/FY21 revenue</b></li>  <li><b>3.6x EV/FY22 revenue</b></li> </ul> Recall as well that Box has maintained its goal of hitting a \"Rule of 40\" profile by FY24, which it defines as revenue growth plus free cash flow margin (the latter standing in for how most companies calculate the Rule of 40, with pro forma operating margin instead of FCF).</p><p><blockquote><ul><li><b>4.0倍EV/21财年收入</b></li><li><b>3.6倍EV/22财年收入</b></li></ul>还要回顾一下，Box一直保持着到2024财年达到“40法则”的目标，它将其定义为收入增长加上自由现金流利润率（后者代表了大多数公司计算40法则的方式，预计营业利润率而不是自由现金流）。</blockquote></p><p> Figure 1. Box Rule of 40</p><p><blockquote>图1。方框规则40</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/ffb5ce6e7901cd0b87e178d41c64b2ea\" tg-width=\"640\" tg-height=\"334\" width=\"100%\" height=\"auto\"><span>Source: BoxQ2 investor presentation</span></p><p><blockquote><p class=\"t-img-caption\"><span>资料来源：BoxQ2投资者介绍</span></p></blockquote></p><p> Let's tease that out quickly. If Box hits 11% y/y growth in the two years after FY22, then its revenue in that year would be $1.16 billion. The lower point of its guidance would suggest a 29% FCF margin (though it really expects to be at 40%+ growth plus FCF margin in that year), which would imply $336.4 million in FCF. Its current valuation, then, stands at a ~10x multiple of future cash flow (an even lower multiple would result if Box outperforms the lower end of its Rule of 40 guidance).</p><p><blockquote>让我们快速梳理一下。如果Box在2022财年之后的两年内实现11%的同比增长，那么其当年的收入将为11.6亿美元。其指导的较低点表明自由现金流利润率为29%（尽管它确实预计当年的增长加上自由现金流利润率为40%以上），这意味着自由现金流为3.364亿美元。因此，其目前的估值约为未来现金流的10倍（如果Box的表现优于其40规则指导的下限，则会导致更低的倍数）。</blockquote></p><p> Aside from the free cash flow opportunity, here are the other reasons to be bullish on Box, as a refresher:</p><p><blockquote>除了自由现金流机会之外，以下是看好Box的其他原因，作为回顾：</blockquote></p><p></p><p> <ul>  <li><b>Nearly pure recurring revenue business that has shown resilience during macroeconomic shocks.</b>Even amid the pandemic, Box has managed to retain its low double-digit/high single-digit revenue growth rates. Revenue growth in Q2 accelerated over Q1, showing sustained momentum.</li>  <li><b>Enterprise orientation.</b>Of all of its well-known competitors, Box is the only company that is enterprise-focused. The company touts its security features plus advanced capabilities like Box Skills as key distinguishers versus the likes of Dropbox.</li>  <li><b>Box's product portfolio expansion has led to a $55 billion market.</b>Despite competition, Box cites a massive $55 billion market across storage, content collaboration, and data security. That's a big enough space for multiple incumbents, and also suggests Box is only currently ~2% penetrated into this overall market. Recent portfolio additions like Box Sign have greatly expanded Box's potential.</li> </ul> Stay long here and use the dip as a buying opportunity.</p><p><blockquote><ul><li><b>近乎纯粹的经常性收入业务，在宏观经济冲击期间表现出弹性。</b>即使在疫情期间，Box仍设法保持了低两位数/高个位数的收入增长率。Q2营收增速较Q1加快，呈现持续势头。</li><li><b>企业导向。</b>在所有知名竞争对手中，Box是唯一一家专注于企业的公司。该公司吹捧其安全功能以及Box Skills等高级功能是与Dropbox等公司的关键区别。</li><li><b>Box的产品组合扩张带来了550亿美元的市场。</b>尽管存在竞争，Box仍列举了存储、内容协作和数据安全领域价值550亿美元的巨大市场。对于多个现有企业来说，这是一个足够大的空间，也表明Box目前仅渗透到整个市场约2%。最近增加的产品组合，如Box Sign，极大地扩展了Box的潜力。</li></ul>在这里做多，并利用下跌作为买入机会。</blockquote></p><p> <b>Q2 download</b></p><p><blockquote><b>Q2下载</b></blockquote></p><p> Let's now cover Box's latest second-quarter results in greater detail. There were no major red flags to be found, in my mind, that warrants Box's ~5% drop.</p><p><blockquote>现在让我们更详细地介绍Box最新的第二季度业绩。在我看来，没有发现任何重大危险信号可以证明Box下跌约5%。</blockquote></p><p> Starting with revenue: Box saw its revenue growth accelerate two points in the quarter, growing 12% y/y to $214.5 million, edging out over Wall Street's $213.0 million (+11% y/y) expectations. We note as well that this is Box's strongest quarter for revenue growth over the past five.</p><p><blockquote>从收入开始：Box本季度收入增长加速两个百分点，同比增长12%至2.145亿美元，略高于华尔街2.13亿美元（同比增长11%）的预期。我们还注意到，这是Box过去五年来收入增长最强劲的季度。</blockquote></p><p> Figure 2. Box revenue growth trends</p><p><blockquote>图2。盒子收入增长趋势</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/3b477b6fd8ecc7c46b3fcce168903fcb\" tg-width=\"640\" tg-height=\"361\" width=\"100%\" height=\"auto\"><span>Source: Box Q2 investor presentation</span></p><p><blockquote><p class=\"t-img-caption\"><span>资料来源：Box第二季度投资者介绍</span></p></blockquote></p><p> Box has also shown strong billings trends. Recall that in Q1, the company saw 24% y/y growth in billings, but against a very easy pandemic comp that saw deal signings materially slow down upon the immediate start of lockdowns. Yet billings were also strong in Q2 at 13% y/y growth, indicating that revenue growth may accelerate beyond 12% y/y growth in the near future. Note that Box's long-term operating plan calls for revenue growth between 12-16% y/y (so our expectations of 11% y/y are more on the conservative side). Box's deferred revenue is also up 16% y/y, indicating a strong \"pipeline\" of deals billed that are waiting to be recognized as revenue.</p><p><blockquote>Box也显示出强劲的计费趋势。回想一下，在第一季度，该公司的账单同比增长了24%，但与非常轻松的疫情相比，交易签署在封锁立即开始后大幅放缓。然而，第二季度的营收也很强劲，同比增长13%，这表明收入增长在不久的将来可能会加速超过12%的同比增长。请注意，Box的长期运营计划评级收入同比增长12-16%（因此我们对同比增长11%的预期更为保守）。Box的递延收入也同比增长16%，表明等待确认为收入的已计费交易“管道”很强。</blockquote></p><p> Figure 3. Box billings trends</p><p><blockquote>图3.Box billings趋势</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/3b81a48cf40f716a78b1cadfb79ae971\" tg-width=\"640\" tg-height=\"336\" width=\"100%\" height=\"auto\"><span>Source: Box Q2 investor presentation</span></p><p><blockquote><p class=\"t-img-caption\"><span>资料来源：Box第二季度投资者介绍</span></p></blockquote></p><p> The company has noted that the rollout of the Box Sign product, Box's answer to the likes of DocuSign, has been a successful one. Here's some useful anecdotal commentary from founder and CEO Aaron Levie on the most recent Q2 earnings call detailing Box Sign traction and other go-to-market strengths:</p><p><blockquote>该公司指出，Box Sign产品（Box对DocuSign等产品的回应）的推出取得了成功。以下是创始人兼首席执行官Aaron Levie对看涨期权最新第二季度收益的一些有用的轶事评论，详细介绍了Box Sign的吸引力和其他上市优势：</blockquote></p><p>   Initial response from customers has been very positive and we're rolling out Box Sign to all business and enterprise customers throughout this fall with a significant roadmap of innovation ahead [...]    Building on the success of suites, in late July, we also announced a new simplified product addition for our enterprise customers called Enterprise Plus, which includes shield governance, relay, platform, Box Sign, the ability for large file uploads and enhanced support and consulting credits. You can see the success of our go-to-market efforts most clearly when looking at our Q2 customer expansion. For instance, one of the largest banks in the world purchases seven figure deal with multiple products, including key safe governance, relay shield and platform to support new use cases for Box, including claims processing and loan origination and a more secure virtual environment.\"  To Levie's last point, multi-product customers have become a defining feature of Box's growth strategy. 73% of Box's &gt;$100k deals are now \"Box Suite\" deals, with custom pricing for a basket of Box services. Two years ago, when Box was still rolling out Suites, this rate stood closer to 10%.</p><p><blockquote>客户的初步反应非常积极，我们将在今年秋季向所有商业和企业客户推出Box Sign，并制定重要的创新路线图[...]在suites成功的基础上，7月下旬，我们还宣布为我们的企业客户推出一款名为Enterprise Plus的新简化产品，其中包括shield governance、relay、platform、Box Sign、大型文件上传功能以及增强的支持和咨询信用。当您查看我们第二季度的客户扩张时，您可以最清楚地看到我们上市努力的成功。例如，世界上最大的银行之一购买了多个产品的七位数交易，包括key safe governance、relay shield和支持Box新用例的平台，包括索赔处理和贷款发放以及更安全的虚拟环境。”Levie的最后一点是，多产品客户已成为Box增长战略的决定性特征。Box超过10万美元的交易中有73%现在是“Box Suite”交易，对一篮子Box服务进行定制定价。两年前，当Box还在推出套件时，这一比例接近10%。</blockquote></p><p> The trend toward more products per customer has helped bring up Box's net revenue retention rates as well, which you can see in the chart below has improved to 106%, from the low 100% range during the pandemic:</p><p><blockquote>每位客户提供更多产品的趋势也有助于提高Box的净收入保留率，如下图所示，净收入保留率已从大流行期间100%的低范围提高到106%：</blockquote></p><p> Figure 4. Box net retention rates</p><p><blockquote>图4.盒子净保留率</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/04cfd569714ad97156280e851aa6abac\" tg-width=\"640\" tg-height=\"337\" width=\"100%\" height=\"auto\"><span>Source: Box Q2 investor presentation</span></p><p><blockquote><p class=\"t-img-caption\"><span>资料来源：Box第二季度投资者介绍</span></p></blockquote></p><p> Box also managed to retain these strong top-line trends while delivering substantial profitability performance. The company's gross margins improved 100bps to 74.5%, while pro forma operating expenses fell 4% as a percentage of revenue, driven by a two-point reduction each in sales and marketing and R&amp;D expenses:</p><p><blockquote>Box还成功保持了这些强劲的营收趋势，同时实现了可观的盈利表现。该公司的毛利率提高了100个基点，达到74.5%，而预计运营费用占收入的百分比下降了4%，这是由于销售和营销费用以及研发费用各下降了两个百分点：</blockquote></p><p> Figure 5. Box gross margin trends</p><p><blockquote>图5.盒子毛利率趋势</blockquote></p><p></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/92552ec3249e1c378987e476b7ff4bb3\" tg-width=\"640\" tg-height=\"328\" width=\"100%\" height=\"auto\"><span>Source: Box Q2 investor presentation</span></p><p><blockquote><p class=\"t-img-caption\"><span>资料来源：Box第二季度投资者介绍</span></p></blockquote></p><p> The company also delivered $29.8 million of free cash flow in the quarter, up more than 2x y/y. Year to date, Box's free cash flow of $105.7 million has also doubled y/y and is at a 25% FCF margin.</p><p><blockquote>该公司本季度还实现了2980万美元的自由现金流，同比增长超过2倍。今年迄今为止，Box的自由现金流为1.057亿美元，同比也翻了一番，自由现金流利润率为25%。</blockquote></p><p> <b>Key takeaways</b></p><p><blockquote><b>关键要点</b></blockquote></p><p> Box falls into a category of stocks that I would consider \"guilt free.\" I don't need to feel anxious about buying this stock at market highs because I know its ultra-low valuation shields it from much further downside. On top of consistent low-teens growth, free cash flow expansion and ambitious long-term targets for continued FCF conversion, I'm staying long here.</p><p><blockquote>Box属于我认为“无罪”的股票类别。我不需要对在市场高点购买这只股票感到焦虑，因为我知道它的超低估值使其免受进一步下跌的影响。除了持续的低增长、自由现金流扩张以及持续自由现金流转换的雄心勃勃的长期目标之外，我还会在这里呆很长时间。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://seekingalpha.com/article/4452035-box-guilt-free-stock-shielded-by-ultra-low-valuation\">seekingalpha</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BOX":"Box Inc"},"source_url":"https://seekingalpha.com/article/4452035-box-guilt-free-stock-shielded-by-ultra-low-valuation","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1177903834","content_text":"Summary\n\nShares of Box have fallen ~5% after a strong Q2 earnings report.\nRevenue growth accelerated to 12% y/y, and billings growth of 13% y/y indicates that revenue growth may even pick up slightly.\nThe company also delivered significant margin expansion and expects to hit the \"Rule of 40\" on a free cash flow basis by FY24.\nBox is still a very cheap stock at <4x forward revenue.\n\nNoam Galai/Getty Images Entertainment\nSo far, the year 2021 has been a promising one for Box(NYSE:BOX). The file storage and sharing service, one of the earlier SaaS companies to go public and gain a reputation for \"growth at all costs,\" has seen a 40% jump in its stock price year to date, more than doubling that of the S&P 500 - though that hardly makes up for Box's years of disappointing returns. This is the year, however, that investors have seemed to favor positioning themselves defensively with value stocks over growth, even with the market counting to sit at all-time highs.\nA slight crack in this positive rebound showed after Box reported Q2 results, which resulted in a ~5% dip despite strong top and bottom-line results. In my view, the dip is a strong buying opportunity in a company that has repeatedly shown its capacity to scale profitably and to retain growth in a software category that is often described as overly competitive.\nData by YCharts\nMy main investing strategy over the past year has been to find stocks that I feel comfortable buying at all-time market tops. The basic question here is: \"what stock will be relatively immune to, say, a ~20% market correction, by gist of the fact that it's already currently cheap to begin with?\" Box has always retained a strong value element, and today, with strong forward-looking estimates plus a still-depressed share price, that value element has never been brighter.\nAt current share prices near $25, Box trades at a market cap of $3.85 billion. After we net off the $829.4 million of cash and $366.5 million of debt on Box's most recent balance sheet, the company's resulting enterprise value is $3.39 billion.\nFor the current fiscal year, Box has guided to revenue of $856-$860 million, representing 12% y/y growth. For the next fiscal year (FY22), Wall Street analysts have given a consensus revenue target of $942.5 million for Box, representing 11% y/y growth (data from Yahoo Finance). This puts Box's valuation multiples at an ultra-modest multiple of:\n\n4.0x EV/FY21 revenue\n3.6x EV/FY22 revenue\n\nRecall as well that Box has maintained its goal of hitting a \"Rule of 40\" profile by FY24, which it defines as revenue growth plus free cash flow margin (the latter standing in for how most companies calculate the Rule of 40, with pro forma operating margin instead of FCF).\nFigure 1. Box Rule of 40\nSource: BoxQ2 investor presentation\nLet's tease that out quickly. If Box hits 11% y/y growth in the two years after FY22, then its revenue in that year would be $1.16 billion. The lower point of its guidance would suggest a 29% FCF margin (though it really expects to be at 40%+ growth plus FCF margin in that year), which would imply $336.4 million in FCF. Its current valuation, then, stands at a ~10x multiple of future cash flow (an even lower multiple would result if Box outperforms the lower end of its Rule of 40 guidance).\nAside from the free cash flow opportunity, here are the other reasons to be bullish on Box, as a refresher:\n\nNearly pure recurring revenue business that has shown resilience during macroeconomic shocks.Even amid the pandemic, Box has managed to retain its low double-digit/high single-digit revenue growth rates. Revenue growth in Q2 accelerated over Q1, showing sustained momentum.\nEnterprise orientation.Of all of its well-known competitors, Box is the only company that is enterprise-focused. The company touts its security features plus advanced capabilities like Box Skills as key distinguishers versus the likes of Dropbox.\nBox's product portfolio expansion has led to a $55 billion market.Despite competition, Box cites a massive $55 billion market across storage, content collaboration, and data security. That's a big enough space for multiple incumbents, and also suggests Box is only currently ~2% penetrated into this overall market. Recent portfolio additions like Box Sign have greatly expanded Box's potential.\n\nStay long here and use the dip as a buying opportunity.\nQ2 download\nLet's now cover Box's latest second-quarter results in greater detail. There were no major red flags to be found, in my mind, that warrants Box's ~5% drop.\nStarting with revenue: Box saw its revenue growth accelerate two points in the quarter, growing 12% y/y to $214.5 million, edging out over Wall Street's $213.0 million (+11% y/y) expectations. We note as well that this is Box's strongest quarter for revenue growth over the past five.\nFigure 2. Box revenue growth trends\nSource: Box Q2 investor presentation\nBox has also shown strong billings trends. Recall that in Q1, the company saw 24% y/y growth in billings, but against a very easy pandemic comp that saw deal signings materially slow down upon the immediate start of lockdowns. Yet billings were also strong in Q2 at 13% y/y growth, indicating that revenue growth may accelerate beyond 12% y/y growth in the near future. Note that Box's long-term operating plan calls for revenue growth between 12-16% y/y (so our expectations of 11% y/y are more on the conservative side). Box's deferred revenue is also up 16% y/y, indicating a strong \"pipeline\" of deals billed that are waiting to be recognized as revenue.\nFigure 3. Box billings trends\nSource: Box Q2 investor presentation\nThe company has noted that the rollout of the Box Sign product, Box's answer to the likes of DocuSign, has been a successful one. Here's some useful anecdotal commentary from founder and CEO Aaron Levie on the most recent Q2 earnings call detailing Box Sign traction and other go-to-market strengths:\n\n Initial response from customers has been very positive and we're rolling out Box Sign to all business and enterprise customers throughout this fall with a significant roadmap of innovation ahead [...]\n\n\n Building on the success of suites, in late July, we also announced a new simplified product addition for our enterprise customers called Enterprise Plus, which includes shield governance, relay, platform, Box Sign, the ability for large file uploads and enhanced support and consulting credits. You can see the success of our go-to-market efforts most clearly when looking at our Q2 customer expansion. For instance, one of the largest banks in the world purchases seven figure deal with multiple products, including key safe governance, relay shield and platform to support new use cases for Box, including claims processing and loan origination and a more secure virtual environment.\"\n\nTo Levie's last point, multi-product customers have become a defining feature of Box's growth strategy. 73% of Box's >$100k deals are now \"Box Suite\" deals, with custom pricing for a basket of Box services. Two years ago, when Box was still rolling out Suites, this rate stood closer to 10%.\nThe trend toward more products per customer has helped bring up Box's net revenue retention rates as well, which you can see in the chart below has improved to 106%, from the low 100% range during the pandemic:\nFigure 4. Box net retention rates\nSource: Box Q2 investor presentation\nBox also managed to retain these strong top-line trends while delivering substantial profitability performance. The company's gross margins improved 100bps to 74.5%, while pro forma operating expenses fell 4% as a percentage of revenue, driven by a two-point reduction each in sales and marketing and R&D expenses:\nFigure 5. Box gross margin trends\nSource: Box Q2 investor presentation\nThe company also delivered $29.8 million of free cash flow in the quarter, up more than 2x y/y. Year to date, Box's free cash flow of $105.7 million has also doubled y/y and is at a 25% FCF margin.\nKey takeaways\nBox falls into a category of stocks that I would consider \"guilt free.\" I don't need to feel anxious about buying this stock at market highs because I know its ultra-low valuation shields it from much further downside. On top of consistent low-teens growth, free cash flow expansion and ambitious long-term targets for continued FCF conversion, I'm staying long here.","news_type":1,"symbols_score_info":{"BOX":0.9}},"isVote":1,"tweetType":1,"viewCount":1757,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":810453064,"gmtCreate":1629995104858,"gmtModify":1704954399260,"author":{"id":"3574925827192931","authorId":"3574925827192931","name":"JoshyQ","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574925827192931","authorIdStr":"3574925827192931"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/810453064","repostId":"1139424376","repostType":4,"isVote":1,"tweetType":1,"viewCount":1716,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":837450773,"gmtCreate":1629907085792,"gmtModify":1633681542407,"author":{"id":"3574925827192931","authorId":"3574925827192931","name":"JoshyQ","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574925827192931","authorIdStr":"3574925827192931"},"themes":[],"htmlText":"Wow !&nbsp;","listText":"Wow !&nbsp;","text":"Wow !","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/837450773","repostId":"2162087564","repostType":4,"isVote":1,"tweetType":1,"viewCount":1700,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":834569451,"gmtCreate":1629813852573,"gmtModify":1633682257293,"author":{"id":"3574925827192931","authorId":"3574925827192931","name":"JoshyQ","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574925827192931","authorIdStr":"3574925827192931"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/834569451","repostId":"1152029674","repostType":4,"repost":{"id":"1152029674","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":1629813680,"share":"https://www.laohu8.com/m/news/1152029674?lang=zh_CN&edition=full","pubTime":"2021-08-24 22:01","market":"us","language":"en","title":"US airline and cruise shares surged in morning trading<blockquote>美国航空公司和邮轮股价早盘飙升</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1152029674","media":"Tiger Newspress","summary":"US airline and cruise shares surged in morning trading.Southwest Airlines,Delta Air,United Airlines ","content":"<p>US airline and cruise shares surged in morning trading.Southwest Airlines,Delta Air,United Airlines&nbsp;and&nbsp;American airlines&nbsp;climbed about&nbsp;4%.</p><p><blockquote>美国航空公司和邮轮股价早盘飙升。西南航空、达美航空、联合航空和美国航空上涨约4%。</blockquote></p><p> Shares of cruise operators Norwegian Cruise Line,Carnival Corp and Royal Caribbean Cruises Ltd&nbsp;climbed about&nbsp;4%.</p><p><blockquote>邮轮运营商挪威邮轮公司、嘉年华公司和皇家加勒比邮轮有限公司的股价上涨约4%。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/d9af0f0bfc734c4d5de10829b6743aaf\" tg-width=\"363\" tg-height=\"481\" width=\"100%\" height=\"auto\"><img src=\"https://static.tigerbbs.com/46e6f42e4a946837ee9d8d9a3e02bddc\" tg-width=\"363\" tg-height=\"176\" width=\"100%\" height=\"auto\"></p><p><blockquote></blockquote></p><p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>US airline and cruise shares surged in morning trading<blockquote>美国航空公司和邮轮股价早盘飙升</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nUS airline and cruise shares surged in morning trading<blockquote>美国航空公司和邮轮股价早盘飙升</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\">2021-08-24 22:01</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>US airline and cruise shares surged in morning trading.Southwest Airlines,Delta Air,United Airlines&nbsp;and&nbsp;American airlines&nbsp;climbed about&nbsp;4%.</p><p><blockquote>美国航空公司和邮轮股价早盘飙升。西南航空、达美航空、联合航空和美国航空上涨约4%。</blockquote></p><p> Shares of cruise operators Norwegian Cruise Line,Carnival Corp and Royal Caribbean Cruises Ltd&nbsp;climbed about&nbsp;4%.</p><p><blockquote>邮轮运营商挪威邮轮公司、嘉年华公司和皇家加勒比邮轮有限公司的股价上涨约4%。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/d9af0f0bfc734c4d5de10829b6743aaf\" tg-width=\"363\" tg-height=\"481\" width=\"100%\" height=\"auto\"><img src=\"https://static.tigerbbs.com/46e6f42e4a946837ee9d8d9a3e02bddc\" tg-width=\"363\" tg-height=\"176\" width=\"100%\" height=\"auto\"></p><p><blockquote></blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"DAL":"达美航空","AAL":"美国航空","LUV":"西南航空","UAL":"联合大陆航空"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1152029674","content_text":"US airline and cruise shares surged in morning trading.Southwest Airlines,Delta Air,United Airlines and American airlines climbed about 4%.\nShares of cruise operators Norwegian Cruise Line,Carnival Corp and Royal Caribbean Cruises Ltd climbed about 4%.","news_type":1,"symbols_score_info":{"UAL":0.9,"AAL":0.9,"DAL":0.9,"LUV":0.9}},"isVote":1,"tweetType":1,"viewCount":1265,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":835426400,"gmtCreate":1629733545000,"gmtModify":1633682828145,"author":{"id":"3574925827192931","authorId":"3574925827192931","name":"JoshyQ","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574925827192931","authorIdStr":"3574925827192931"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":9,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/835426400","repostId":"2161747692","repostType":4,"isVote":1,"tweetType":1,"viewCount":2991,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":836687958,"gmtCreate":1629476457474,"gmtModify":1633684544155,"author":{"id":"3574925827192931","authorId":"3574925827192931","name":"JoshyQ","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574925827192931","authorIdStr":"3574925827192931"},"themes":[],"htmlText":"&nbsp;Oh","listText":"&nbsp;Oh","text":"Oh","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/836687958","repostId":"1107004225","repostType":4,"repost":{"id":"1107004225","kind":"news","weMediaInfo":{"introduction":"Stock Market Quotes, Business News, Financial News, Trading Ideas, and Stock Research by Professionals","home_visible":0,"media_name":"Benzinga","id":"1052270027","head_image":"https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa"},"pubTimestamp":1629473431,"share":"https://www.laohu8.com/m/news/1107004225?lang=zh_CN&edition=full","pubTime":"2021-08-20 23:30","market":"us","language":"en","title":"Why This Virgin Galactic Analyst Just Cut Their Price Target By Nearly 40%<blockquote>为什么这位维珍银河分析师刚刚将目标价下调近40%</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1107004225","media":"Benzinga","summary":"Virgin Galactic Holdings Inc shares have come crashing back to Earth since the company successfully ","content":"<p><b><a href=\"https://laohu8.com/S/SPCE\">Virgin Galactic</a> </b><b>Holdings</b><b> Inc</b>&nbsp;shares have come crashing back to Earth since the company successfully completed a Unity 22 space flight back in July, and one analyst said Friday&nbsp;the stock will likely continue to struggle in the near-term.</p><p><blockquote><b><a href=\"https://laohu8.com/S/SPCE\">维珍银河</a></b><b>控股</b><b>Inc</b>自该公司7月份成功完成Unity 22太空飞行以来，该公司股价暴跌，一位分析师周五表示，该股短期内可能会继续陷入困境。</blockquote></p><p> <b>The Virgin Galactic Analyst:</b>&nbsp;Bank of America analyst Ronald Epstein reiterated an Underperform rating on&nbsp;Virgin Galactic and cut the&nbsp;price target from $41 to $25.</p><p><blockquote><b>维珍银河分析师：</b>美国银行分析师Ronald Epstein重申了对维珍银河的跑输评级，并将目标价从41美元下调至25美元。</blockquote></p><p> <b>The Virgin Galactic Takeaways:</b>&nbsp;In his new note, Epstein said he was surprised and somewhat confused by Virgin’s recent announcement that it will begin planned maintenance plus enhancement for Mothership Eve in September after receiving a recommendation for the enhancements in July.</p><p><blockquote><b>维珍银河外卖：</b>爱泼斯坦在他的新报告中表示，维珍航空最近宣布，在7月份收到增强建议后，将于9月份开始对母舰Eve进行计划维护和增强，这让他感到惊讶和有些困惑。</blockquote></p><p> The planned improvements, which Virgin did not detail, will bump back the timeline for the company’s first commercial passenger flight from early 2022 to late in the third quarter of 2022.</p><p><blockquote>维珍航空没有详细说明计划中的改进将把该公司首次商业客运航班的时间表从2022年初推迟到2022年第三季度末。</blockquote></p><p> Epstein said it was particularly surprising that Virgin didn’t provide any technical details about the planned improvements and said the enhancements are still in the design phase.</p><p><blockquote>爱泼斯坦表示，尤其令人惊讶的是，维珍没有提供有关计划改进的任何技术细节，并表示这些改进仍处于设计阶段。</blockquote></p><p> For now, Epstein said he expects Virgin to focus on sub-orbital travel, which will bump back orbital travel further into the future. Epstein has pushed back his target date for Virgin orbital travel from 2028 to 2035 and is removing his 2035 target for high speed point-to-point travel.</p><p><blockquote>爱泼斯坦表示，目前，他预计维珍航空将专注于亚轨道旅行，这将在未来进一步阻碍轨道旅行。爱泼斯坦已将维珍轨道旅行的目标日期从2028年推迟到2035年，并取消了2035年高速点对点旅行的目标。</blockquote></p><p> In terms of upcoming stock catalysts, Epstein said the October 2021 lock-up expirations could pressure Virgin’s stock.</p><p><blockquote>就即将到来的股票催化剂而言，爱泼斯坦表示，2021年10月的禁售期可能会给维珍的股票带来压力。</blockquote></p><p> “We see short term downside pressure to the stock price as a) delayed commercialization results in lack of catalysts, b) the market stays attentive to the next equity raise, and c) the next lock-up period expires,” Epstein said.</p><p><blockquote>爱泼斯坦表示：“我们认为股价短期面临下行压力，因为a）商业化延迟导致缺乏催化剂，b）市场仍在关注下一次股权融资，以及c）下一次禁售期到期。”</blockquote></p><p> <b>Benzinga’s Take:</b>&nbsp;With Virgin generating a $644-million net loss on less than $300,000 in revenue in 2020, any delays in the path to a commercial launch are understandably concerning for investors.</p><p><blockquote><b>Benzinga的看法：</b>由于维珍航空在2020年的收入不到30万美元，净亏损6.44亿美元，商业推出之路的任何延误都可以理解投资者的担忧。</blockquote></p><p> If Epstein’s new targets are correct, it also appears that at least the next 14 years will be all about sub-orbital travel for Virgin.</p><p><blockquote>如果爱泼斯坦的新目标是正确的，那么对于维珍来说，至少未来14年将是亚轨道旅行的全部。</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>Why This Virgin Galactic Analyst Just Cut Their Price Target By Nearly 40%<blockquote>为什么这位维珍银河分析师刚刚将目标价下调近40%</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\">\nWhy This Virgin Galactic Analyst Just Cut Their Price Target By Nearly 40%<blockquote>为什么这位维珍银河分析师刚刚将目标价下调近40%</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 </p>\n<p class=\"h-time smaller\">2021-08-20 23:30</p>\n</div>\n</div>\n</h4>\n</header>\n<article>\n<p><b><a href=\"https://laohu8.com/S/SPCE\">Virgin Galactic</a> </b><b>Holdings</b><b> Inc</b>&nbsp;shares have come crashing back to Earth since the company successfully completed a Unity 22 space flight back in July, and one analyst said Friday&nbsp;the stock will likely continue to struggle in the near-term.</p><p><blockquote><b><a href=\"https://laohu8.com/S/SPCE\">维珍银河</a></b><b>控股</b><b>Inc</b>自该公司7月份成功完成Unity 22太空飞行以来，该公司股价暴跌，一位分析师周五表示，该股短期内可能会继续陷入困境。</blockquote></p><p> <b>The Virgin Galactic Analyst:</b>&nbsp;Bank of America analyst Ronald Epstein reiterated an Underperform rating on&nbsp;Virgin Galactic and cut the&nbsp;price target from $41 to $25.</p><p><blockquote><b>维珍银河分析师：</b>美国银行分析师Ronald Epstein重申了对维珍银河的跑输评级，并将目标价从41美元下调至25美元。</blockquote></p><p> <b>The Virgin Galactic Takeaways:</b>&nbsp;In his new note, Epstein said he was surprised and somewhat confused by Virgin’s recent announcement that it will begin planned maintenance plus enhancement for Mothership Eve in September after receiving a recommendation for the enhancements in July.</p><p><blockquote><b>维珍银河外卖：</b>爱泼斯坦在他的新报告中表示，维珍航空最近宣布，在7月份收到增强建议后，将于9月份开始对母舰Eve进行计划维护和增强，这让他感到惊讶和有些困惑。</blockquote></p><p> The planned improvements, which Virgin did not detail, will bump back the timeline for the company’s first commercial passenger flight from early 2022 to late in the third quarter of 2022.</p><p><blockquote>维珍航空没有详细说明计划中的改进将把该公司首次商业客运航班的时间表从2022年初推迟到2022年第三季度末。</blockquote></p><p> Epstein said it was particularly surprising that Virgin didn’t provide any technical details about the planned improvements and said the enhancements are still in the design phase.</p><p><blockquote>爱泼斯坦表示，尤其令人惊讶的是，维珍没有提供有关计划改进的任何技术细节，并表示这些改进仍处于设计阶段。</blockquote></p><p> For now, Epstein said he expects Virgin to focus on sub-orbital travel, which will bump back orbital travel further into the future. Epstein has pushed back his target date for Virgin orbital travel from 2028 to 2035 and is removing his 2035 target for high speed point-to-point travel.</p><p><blockquote>爱泼斯坦表示，目前，他预计维珍航空将专注于亚轨道旅行，这将在未来进一步阻碍轨道旅行。爱泼斯坦已将维珍轨道旅行的目标日期从2028年推迟到2035年，并取消了2035年高速点对点旅行的目标。</blockquote></p><p> In terms of upcoming stock catalysts, Epstein said the October 2021 lock-up expirations could pressure Virgin’s stock.</p><p><blockquote>就即将到来的股票催化剂而言，爱泼斯坦表示，2021年10月的禁售期可能会给维珍的股票带来压力。</blockquote></p><p> “We see short term downside pressure to the stock price as a) delayed commercialization results in lack of catalysts, b) the market stays attentive to the next equity raise, and c) the next lock-up period expires,” Epstein said.</p><p><blockquote>爱泼斯坦表示：“我们认为股价短期面临下行压力，因为a）商业化延迟导致缺乏催化剂，b）市场仍在关注下一次股权融资，以及c）下一次禁售期到期。”</blockquote></p><p> <b>Benzinga’s Take:</b>&nbsp;With Virgin generating a $644-million net loss on less than $300,000 in revenue in 2020, any delays in the path to a commercial launch are understandably concerning for investors.</p><p><blockquote><b>Benzinga的看法：</b>由于维珍航空在2020年的收入不到30万美元，净亏损6.44亿美元，商业推出之路的任何延误都可以理解投资者的担忧。</blockquote></p><p> If Epstein’s new targets are correct, it also appears that at least the next 14 years will be all about sub-orbital travel for Virgin.</p><p><blockquote>如果爱泼斯坦的新目标是正确的，那么对于维珍来说，至少未来14年将是亚轨道旅行的全部。</blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SPCE":"维珍银河"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1107004225","content_text":"Virgin Galactic Holdings Inc shares have come crashing back to Earth since the company successfully completed a Unity 22 space flight back in July, and one analyst said Friday the stock will likely continue to struggle in the near-term.\nThe Virgin Galactic Analyst: Bank of America analyst Ronald Epstein reiterated an Underperform rating on Virgin Galactic and cut the price target from $41 to $25.\nThe Virgin Galactic Takeaways: In his new note, Epstein said he was surprised and somewhat confused by Virgin’s recent announcement that it will begin planned maintenance plus enhancement for Mothership Eve in September after receiving a recommendation for the enhancements in July.\nThe planned improvements, which Virgin did not detail, will bump back the timeline for the company’s first commercial passenger flight from early 2022 to late in the third quarter of 2022.\nEpstein said it was particularly surprising that Virgin didn’t provide any technical details about the planned improvements and said the enhancements are still in the design phase.\nFor now, Epstein said he expects Virgin to focus on sub-orbital travel, which will bump back orbital travel further into the future. Epstein has pushed back his target date for Virgin orbital travel from 2028 to 2035 and is removing his 2035 target for high speed point-to-point travel.\nIn terms of upcoming stock catalysts, Epstein said the October 2021 lock-up expirations could pressure Virgin’s stock.\n“We see short term downside pressure to the stock price as a) delayed commercialization results in lack of catalysts, b) the market stays attentive to the next equity raise, and c) the next lock-up period expires,” Epstein said.\nBenzinga’s Take: With Virgin generating a $644-million net loss on less than $300,000 in revenue in 2020, any delays in the path to a commercial launch are understandably concerning for investors.\nIf Epstein’s new targets are correct, it also appears that at least the next 14 years will be all about sub-orbital travel for Virgin.","news_type":1,"symbols_score_info":{"SPCE":0.9}},"isVote":1,"tweetType":1,"viewCount":1946,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":838885689,"gmtCreate":1629385358741,"gmtModify":1633685225409,"author":{"id":"3574925827192931","authorId":"3574925827192931","name":"JoshyQ","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574925827192931","authorIdStr":"3574925827192931"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/838885689","repostId":"2160760962","repostType":4,"isVote":1,"tweetType":1,"viewCount":2485,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":831881704,"gmtCreate":1629300237408,"gmtModify":1633685843849,"author":{"id":"3574925827192931","authorId":"3574925827192931","name":"JoshyQ","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574925827192931","authorIdStr":"3574925827192931"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/831881704","repostId":"2160737983","repostType":4,"isVote":1,"tweetType":1,"viewCount":499,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":839969555,"gmtCreate":1629117187477,"gmtModify":1633687304292,"author":{"id":"3574925827192931","authorId":"3574925827192931","name":"JoshyQ","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574925827192931","authorIdStr":"3574925827192931"},"themes":[],"htmlText":"O","listText":"O","text":"O","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/839969555","repostId":"1172009872","repostType":4,"isVote":1,"tweetType":1,"viewCount":475,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":897917340,"gmtCreate":1628868036281,"gmtModify":1633688855994,"author":{"id":"3574925827192931","authorId":"3574925827192931","name":"JoshyQ","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574925827192931","authorIdStr":"3574925827192931"},"themes":[],"htmlText":"Sad","listText":"Sad","text":"Sad","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/897917340","repostId":"1100082773","repostType":4,"isVote":1,"tweetType":1,"viewCount":656,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":895538694,"gmtCreate":1628755398418,"gmtModify":1633689754198,"author":{"id":"3574925827192931","authorId":"3574925827192931","name":"JoshyQ","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574925827192931","authorIdStr":"3574925827192931"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/895538694","repostId":"1162340118","repostType":4,"isVote":1,"tweetType":1,"viewCount":461,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":892762698,"gmtCreate":1628690291414,"gmtModify":1633745101441,"author":{"id":"3574925827192931","authorId":"3574925827192931","name":"JoshyQ","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574925827192931","authorIdStr":"3574925827192931"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/892762698","repostId":"2158282119","repostType":4,"repost":{"id":"2158282119","kind":"highlight","weMediaInfo":{"introduction":"Stock Market Quotes, Business News, Financial News, Trading Ideas, and Stock Research by Professionals","home_visible":0,"media_name":"Benzinga","id":"1052270027","head_image":"https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa"},"pubTimestamp":1628689621,"share":"https://www.laohu8.com/m/news/2158282119?lang=zh_CN&edition=full","pubTime":"2021-08-11 21:47","market":"us","language":"en","title":"Ascend Wellness Holdings Beats on Q2 2021 Revenue, Increases Full-Year Net Revenue Guidance To $330-$350M<blockquote>Ascend Wellness Holdings 2021年第二季度收入超出预期，将全年净收入指引提高至3.30-3.5亿美元</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=2158282119","media":"Benzinga","summary":"Vertically integrated cannabis company Ascend Wellness Holdings, Inc. (CSE: AAWH) (OTCQX: AAWH) revealed a 236.2% year-over-year and 28.5% sequential pop in gross revenue on Tuesday, which totaled $97.5 million in the second quarter of fiscal 2021, beating estimates by $4.5 million&lt;/","content":"<p>Vertically integrated cannabis company<b> Ascend Wellness Holdings, Inc.</b> (CSE:AAWH) (OTCQX:AAWH) revealed a <b>236.2% year-over-year and 28.5% sequential pop in gross revenue</b> on Tuesday, which totaled <b>$97.5 million in the second quarter of fiscal 2021, beating estimates by $4.5 million</b>.</p><p><blockquote>垂直整合的大麻公司<b>奥升德健康控股公司。</b>(CSE：AAWH)(OTCQX：AAWH)透露<b>总收入同比增长236.2%，环比增长28.5%</b>周二，总计<b>2021财年第二季度为9750万美元，超出预期450万美元</b>.</blockquote></p><p> According to its latest earnings report,<b> net revenue improved 26.1% sequentially to $83.4 million</b>. For the <b>six months ended June 30, net revenue was $149.5 million</b>, a 4% increase from the same quarter of 2020. <b>GAAP earnings per share were negative $0.30</b>.</p><p><blockquote>据其最新财报显示，<b>净收入环比增长26.1%至8,340万美元</b>.为了<b>截至6月30日的六个月，净收入为1.495亿美元</b>，较2020年同季度增长4%。<b>GAAP每股收益为负0.30美元</b>.</blockquote></p><p> \"Our business continues to produce impressive quarter-over-quarter revenue and adjusted EBITDA growth as we scale our wholesale and retail operations across the high-quality markets where we operate,\"<b> Abner Kurtin, founder and CEO</b> of the New York-based company, said.</p><p><blockquote>“随着我们在优质市场扩大批发和零售业务，我们的业务继续产生令人印象深刻的季度收入和调整后EBITDA增长。”<b>Abner Kurtin，创始人兼首席执行官</b>这家总部位于纽约的公司说。</blockquote></p><p> <b>Here's a breakdown of what the second-quarter earnings report showed:</b></p><p><blockquote><b>以下是第二季度收益报告显示的明细：</b></blockquote></p><p> <ul>  <li><b>Gross profit amounted to $34.5 million</b>, accounting for 41.4% of revenue, versus $29.7 million, or 44.9% of revenue in the prior period.</li>  <li><b>Adjusted gross profit</b>, a non-GAAP financial measure, was <b>$39.6 million</b>, or 47.5% of revenue.</li>  <li>Adjusted Gross Profit margin,&nbsp; a non-GAAP financial measure, declined 174 basis points quarter-over-quarter to 47.5%.</li>  <li><b>Total general and administrative expenses totaled $30.6 million</b>, or 36.7% of revenue, compared to $25.1 million in the first quarter of 2021. <b>The total for other expenses was $36.8 million</b>.</li>  <li><b>Net loss amounted to $44.9 million</b>, or a loss of $0.30 per basic and diluted common share.</li>  <li><b>Adjusted EBITDA</b>, a non-GAAP financial measure, <b>came in positive at $20.3 million</b>, representing a 28.3% increase quarter-over-quarter.</li>  <li>As of June 30, AWH had <b>$104.2 million in cash and cash equivalents</b> and <b>total debt of $131.6 million</b>.</li> </ul> <h3>Operational Milestones And 2021 Revenue Guidance</h3> Over the quarter, the company kicked off cannabis sales in <b>three new stores</b>&nbsp;in Boston, Massachusetts, Rochelle Park, New Jersey&nbsp;and Chicago Ridge, Illinois, bringing its <b>retail footprint to 18 shops nationwide</b>.</p><p><blockquote><ul><li><b>毛利润达3450万美元</b>，占营收的41.4%，而上一期为2970万美元，占营收的44.9%。</li><li><b>调整后毛利</b>一项非公认会计准则财务指标<b>3960万美元</b>，或收入的47.5%。</li><li>非公认会计准则财务指标调整后毛利率环比下降174个基点至47.5%。</li><li><b>一般和行政费用共计3060万美元</b>，占收入的36.7%，而2021年第一季度为2510万美元。<b>其他费用共计3680万美元</b>.</li><li><b>净亏损达4490万美元</b>，或每股基本和稀释普通股亏损0.30美元。</li><li><b>调整后EBITDA</b>，一项非公认会计准则财务指标，<b>收入为2,030万美元</b>，环比增长28.3%。</li><li>截至6月30日，AWH已<b>现金及现金等价物1.042亿美元</b>和<b>债务总额为1.316亿美元</b>.</li></ul><h3>运营里程碑和2021年收入指引</h3>本季度，该公司开始销售大麻<b>三家新店</b>马萨诸塞州波士顿、新泽西州罗谢尔公园和伊利诺伊州芝加哥岭<b>零售足迹遍布全国18家商店</b>.</blockquote></p><p> In addition, the company's management increased the<b> 2021 full-year annual revenue guidance from a range of $320 million to $340 million to a range of $330 million to $350 million</b>.</p><p><blockquote>此外，公司管理层增<b>2021年全年年收入指引为3.2亿美元至3.4亿美元至3.3亿美元至3.5亿美元</b>.</blockquote></p><p> \"We remain focused on executing, disciplined in our approach to allocating capital, and excited about the trajectory of the company,\" Kurtin added.</p><p><blockquote>“我们仍然专注于执行，严格遵守资本配置方法，并对公司的发展轨迹感到兴奋，”库尔廷补充道。</blockquote></p><p> In July, AWH announced its <b>debut on the OTCQX Best Market</b>.</p><p><blockquote>7月，AWH宣布其<b>首次亮相OTCQX最佳市场</b>.</blockquote></p><p> <h3>Price Action</h3> AWH's shares were <b>trading 0.07% lower at $11.0 per share </b>at market close Tuesday.</p><p><blockquote><h3>价格行为</h3>AWH的股票为<b>交易价格下跌0.07%，至每股11.0美元</b>周二收盘时。</blockquote></p><p> <i>Photo: Courtesy of Jeff W on Unsplash</i></p><p><blockquote><i>照片：由Unsplash上的Jeff W提供</i></blockquote></p><p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Ascend Wellness Holdings Beats on Q2 2021 Revenue, Increases Full-Year Net Revenue Guidance To $330-$350M<blockquote>Ascend Wellness Holdings 2021年第二季度收入超出预期，将全年净收入指引提高至3.30-3.5亿美元</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\">\nAscend Wellness Holdings Beats on Q2 2021 Revenue, Increases Full-Year Net Revenue Guidance To $330-$350M<blockquote>Ascend Wellness Holdings 2021年第二季度收入超出预期，将全年净收入指引提高至3.30-3.5亿美元</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 </p>\n<p class=\"h-time smaller\">2021-08-11 21:47</p>\n</div>\n</div>\n</h4>\n</header>\n<article>\n<p>Vertically integrated cannabis company<b> Ascend Wellness Holdings, Inc.</b> (CSE:AAWH) (OTCQX:AAWH) revealed a <b>236.2% year-over-year and 28.5% sequential pop in gross revenue</b> on Tuesday, which totaled <b>$97.5 million in the second quarter of fiscal 2021, beating estimates by $4.5 million</b>.</p><p><blockquote>垂直整合的大麻公司<b>奥升德健康控股公司。</b>(CSE：AAWH)(OTCQX：AAWH)透露<b>总收入同比增长236.2%，环比增长28.5%</b>周二，总计<b>2021财年第二季度为9750万美元，超出预期450万美元</b>.</blockquote></p><p> According to its latest earnings report,<b> net revenue improved 26.1% sequentially to $83.4 million</b>. For the <b>six months ended June 30, net revenue was $149.5 million</b>, a 4% increase from the same quarter of 2020. <b>GAAP earnings per share were negative $0.30</b>.</p><p><blockquote>据其最新财报显示，<b>净收入环比增长26.1%至8,340万美元</b>.为了<b>截至6月30日的六个月，净收入为1.495亿美元</b>，较2020年同季度增长4%。<b>GAAP每股收益为负0.30美元</b>.</blockquote></p><p> \"Our business continues to produce impressive quarter-over-quarter revenue and adjusted EBITDA growth as we scale our wholesale and retail operations across the high-quality markets where we operate,\"<b> Abner Kurtin, founder and CEO</b> of the New York-based company, said.</p><p><blockquote>“随着我们在优质市场扩大批发和零售业务，我们的业务继续产生令人印象深刻的季度收入和调整后EBITDA增长。”<b>Abner Kurtin，创始人兼首席执行官</b>这家总部位于纽约的公司说。</blockquote></p><p> <b>Here's a breakdown of what the second-quarter earnings report showed:</b></p><p><blockquote><b>以下是第二季度收益报告显示的明细：</b></blockquote></p><p> <ul>  <li><b>Gross profit amounted to $34.5 million</b>, accounting for 41.4% of revenue, versus $29.7 million, or 44.9% of revenue in the prior period.</li>  <li><b>Adjusted gross profit</b>, a non-GAAP financial measure, was <b>$39.6 million</b>, or 47.5% of revenue.</li>  <li>Adjusted Gross Profit margin,&nbsp; a non-GAAP financial measure, declined 174 basis points quarter-over-quarter to 47.5%.</li>  <li><b>Total general and administrative expenses totaled $30.6 million</b>, or 36.7% of revenue, compared to $25.1 million in the first quarter of 2021. <b>The total for other expenses was $36.8 million</b>.</li>  <li><b>Net loss amounted to $44.9 million</b>, or a loss of $0.30 per basic and diluted common share.</li>  <li><b>Adjusted EBITDA</b>, a non-GAAP financial measure, <b>came in positive at $20.3 million</b>, representing a 28.3% increase quarter-over-quarter.</li>  <li>As of June 30, AWH had <b>$104.2 million in cash and cash equivalents</b> and <b>total debt of $131.6 million</b>.</li> </ul> <h3>Operational Milestones And 2021 Revenue Guidance</h3> Over the quarter, the company kicked off cannabis sales in <b>three new stores</b>&nbsp;in Boston, Massachusetts, Rochelle Park, New Jersey&nbsp;and Chicago Ridge, Illinois, bringing its <b>retail footprint to 18 shops nationwide</b>.</p><p><blockquote><ul><li><b>毛利润达3450万美元</b>，占营收的41.4%，而上一期为2970万美元，占营收的44.9%。</li><li><b>调整后毛利</b>一项非公认会计准则财务指标<b>3960万美元</b>，或收入的47.5%。</li><li>非公认会计准则财务指标调整后毛利率环比下降174个基点至47.5%。</li><li><b>一般和行政费用共计3060万美元</b>，占收入的36.7%，而2021年第一季度为2510万美元。<b>其他费用共计3680万美元</b>.</li><li><b>净亏损达4490万美元</b>，或每股基本和稀释普通股亏损0.30美元。</li><li><b>调整后EBITDA</b>，一项非公认会计准则财务指标，<b>收入为2,030万美元</b>，环比增长28.3%。</li><li>截至6月30日，AWH已<b>现金及现金等价物1.042亿美元</b>和<b>债务总额为1.316亿美元</b>.</li></ul><h3>运营里程碑和2021年收入指引</h3>本季度，该公司开始销售大麻<b>三家新店</b>马萨诸塞州波士顿、新泽西州罗谢尔公园和伊利诺伊州芝加哥岭<b>零售足迹遍布全国18家商店</b>.</blockquote></p><p> In addition, the company's management increased the<b> 2021 full-year annual revenue guidance from a range of $320 million to $340 million to a range of $330 million to $350 million</b>.</p><p><blockquote>此外，公司管理层增<b>2021年全年年收入指引为3.2亿美元至3.4亿美元至3.3亿美元至3.5亿美元</b>.</blockquote></p><p> \"We remain focused on executing, disciplined in our approach to allocating capital, and excited about the trajectory of the company,\" Kurtin added.</p><p><blockquote>“我们仍然专注于执行，严格遵守资本配置方法，并对公司的发展轨迹感到兴奋，”库尔廷补充道。</blockquote></p><p> In July, AWH announced its <b>debut on the OTCQX Best Market</b>.</p><p><blockquote>7月，AWH宣布其<b>首次亮相OTCQX最佳市场</b>.</blockquote></p><p> <h3>Price Action</h3> AWH's shares were <b>trading 0.07% lower at $11.0 per share </b>at market close Tuesday.</p><p><blockquote><h3>价格行为</h3>AWH的股票为<b>交易价格下跌0.07%，至每股11.0美元</b>周二收盘时。</blockquote></p><p> <i>Photo: Courtesy of Jeff W on Unsplash</i></p><p><blockquote><i>照片：由Unsplash上的Jeff W提供</i></blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAWH":"Ascend Wellness Holdings, Inc.","QTWO":"Q2 Holdings Inc"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2158282119","content_text":"Vertically integrated cannabis company Ascend Wellness Holdings, Inc. (CSE:AAWH) (OTCQX:AAWH) revealed a 236.2% year-over-year and 28.5% sequential pop in gross revenue on Tuesday, which totaled $97.5 million in the second quarter of fiscal 2021, beating estimates by $4.5 million.\nAccording to its latest earnings report, net revenue improved 26.1% sequentially to $83.4 million. For the six months ended June 30, net revenue was $149.5 million, a 4% increase from the same quarter of 2020. GAAP earnings per share were negative $0.30.\n\"Our business continues to produce impressive quarter-over-quarter revenue and adjusted EBITDA growth as we scale our wholesale and retail operations across the high-quality markets where we operate,\" Abner Kurtin, founder and CEO of the New York-based company, said.\nHere's a breakdown of what the second-quarter earnings report showed:\n\nGross profit amounted to $34.5 million, accounting for 41.4% of revenue, versus $29.7 million, or 44.9% of revenue in the prior period.\nAdjusted gross profit, a non-GAAP financial measure, was $39.6 million, or 47.5% of revenue.\nAdjusted Gross Profit margin,  a non-GAAP financial measure, declined 174 basis points quarter-over-quarter to 47.5%.\nTotal general and administrative expenses totaled $30.6 million, or 36.7% of revenue, compared to $25.1 million in the first quarter of 2021. The total for other expenses was $36.8 million.\nNet loss amounted to $44.9 million, or a loss of $0.30 per basic and diluted common share.\nAdjusted EBITDA, a non-GAAP financial measure, came in positive at $20.3 million, representing a 28.3% increase quarter-over-quarter.\nAs of June 30, AWH had $104.2 million in cash and cash equivalents and total debt of $131.6 million.\n\nOperational Milestones And 2021 Revenue Guidance\nOver the quarter, the company kicked off cannabis sales in three new stores in Boston, Massachusetts, Rochelle Park, New Jersey and Chicago Ridge, Illinois, bringing its retail footprint to 18 shops nationwide.\nIn addition, the company's management increased the 2021 full-year annual revenue guidance from a range of $320 million to $340 million to a range of $330 million to $350 million.\n\"We remain focused on executing, disciplined in our approach to allocating capital, and excited about the trajectory of the company,\" Kurtin added.\nIn July, AWH announced its debut on the OTCQX Best Market.\nPrice Action\nAWH's shares were trading 0.07% lower at $11.0 per share at market close Tuesday.\nPhoto: Courtesy of Jeff W on Unsplash","news_type":1,"symbols_score_info":{"QTWO":0.9,"GUID":0.9,"AAWH":0.9}},"isVote":1,"tweetType":1,"viewCount":285,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":898426294,"gmtCreate":1628518330818,"gmtModify":1633746505690,"author":{"id":"3574925827192931","authorId":"3574925827192931","name":"JoshyQ","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574925827192931","authorIdStr":"3574925827192931"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/898426294","repostId":"1132727199","repostType":4,"repost":{"id":"1132727199","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":1628517118,"share":"https://www.laohu8.com/m/news/1132727199?lang=zh_CN&edition=full","pubTime":"2021-08-09 21:51","market":"us","language":"en","title":"Tesla stock was up 2% in early trading following an upgrade to ‘buy’ from Jefferies with a target of $850 from the previous $700.<blockquote>杰富瑞(Jefferies)将目标价从之前的700美元上调至850美元，特斯拉股价早盘上涨2%。</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1132727199","media":"Tiger Newspress","summary":"Tesla&nbsp;stock was up 2% in early&nbsp;trading following an upgrade to ‘buy’ from Jefferies with a target of $850 from the previous $700.\n\n\n\n\n\nThe stock was earlier rated ‘neutral’ at the brokerage. The new target price is 21.6% higher from the stock’s Friday close of $699.10.","content":"<p>Tesla&nbsp;stock was up 2% in early&nbsp;trading following an upgrade to ‘buy’ from Jefferies with a target of $850 from the previous $700.</p><p><blockquote>杰富瑞(Jefferies)将目标价从之前的700美元上调至850美元，特斯拉股价早盘上涨2%。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/bf0e45da8943229703cc302cf4771aef\" tg-width=\"1273\" tg-height=\"631\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p> The stock was earlier rated ‘neutral’ at the brokerage. The new target price is 21.6% higher from the stock’s Friday close of $699.10.</p><p><blockquote>该券商早些时候将该股评级为“中性”。新目标价较该股周五收盘价699.10美元上涨21.6%。</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>Tesla stock was up 2% in early trading following an upgrade to ‘buy’ from Jefferies with a target of $850 from the previous $700.<blockquote>杰富瑞(Jefferies)将目标价从之前的700美元上调至850美元，特斯拉股价早盘上涨2%。</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\">\nTesla stock was up 2% in early trading following an upgrade to ‘buy’ from Jefferies with a target of $850 from the previous $700.<blockquote>杰富瑞(Jefferies)将目标价从之前的700美元上调至850美元，特斯拉股价早盘上涨2%。</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\">2021-08-09 21:51</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>Tesla&nbsp;stock was up 2% in early&nbsp;trading following an upgrade to ‘buy’ from Jefferies with a target of $850 from the previous $700.</p><p><blockquote>杰富瑞(Jefferies)将目标价从之前的700美元上调至850美元，特斯拉股价早盘上涨2%。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/bf0e45da8943229703cc302cf4771aef\" tg-width=\"1273\" tg-height=\"631\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p> The stock was earlier rated ‘neutral’ at the brokerage. The new target price is 21.6% higher from the stock’s Friday close of $699.10.</p><p><blockquote>该券商早些时候将该股评级为“中性”。新目标价较该股周五收盘价699.10美元上涨21.6%。</blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1132727199","content_text":"Tesla stock was up 2% in early trading following an upgrade to ‘buy’ from Jefferies with a target of $850 from the previous $700.\n\nThe stock was earlier rated ‘neutral’ at the brokerage. The new target price is 21.6% higher from the stock’s Friday close of $699.10.","news_type":1,"symbols_score_info":{"TSLA":0.9}},"isVote":1,"tweetType":1,"viewCount":647,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":891182054,"gmtCreate":1628349083878,"gmtModify":1633751516115,"author":{"id":"3574925827192931","authorId":"3574925827192931","name":"JoshyQ","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574925827192931","authorIdStr":"3574925827192931"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/891182054","repostId":"1139912651","repostType":4,"isVote":1,"tweetType":1,"viewCount":402,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":807191194,"gmtCreate":1628004107018,"gmtModify":1633754451122,"author":{"id":"3574925827192931","authorId":"3574925827192931","name":"JoshyQ","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574925827192931","authorIdStr":"3574925827192931"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/807191194","repostId":"1173044069","repostType":4,"repost":{"id":"1173044069","kind":"news","pubTimestamp":1628003772,"share":"https://www.laohu8.com/m/news/1173044069?lang=zh_CN&edition=full","pubTime":"2021-08-03 23:16","market":"us","language":"en","title":"Pentagon on lockdown after gunshots fired near Metro<blockquote>地铁附近发生枪击事件后五角大楼处于封锁状态</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1173044069","media":"AP News","summary":"(Aug 3) The Pentagon was on lockdown Tuesday morning after multiple gunshots were fired near a platf","content":"<p>(Aug&nbsp;3)&nbsp;The Pentagon was on lockdown Tuesday morning after multiple gunshots were fired near a platform by the facility’s Metro station.</p><p><blockquote>（8月3日）周二早上，在该设施地铁站的一个站台附近发生多起枪击事件后，五角大楼被封锁。</blockquote></p><p> At least one person was down, according to two people familiar with the shooting, who spoke on condition of anonymity because they were not authorized to release information publicly. The person’s condition was not known.</p><p><blockquote>据两名熟悉枪击事件的人士称，至少有一人倒下，这两人因无权公开发布信息而要求匿名。此人的状况尚不清楚。</blockquote></p><p> The incident occurred on a Metro bus platform that is part of the Pentagon Transit Center, the Pentagon Protection Force Protection Agency tweeted.</p><p><blockquote>五角大楼保护部队保护局在推特上表示，这起事件发生在五角大楼运输中心的地铁公交站台上。</blockquote></p><p> A Pentagon announcement said the facility was on lockdown due to “police activity.”</p><p><blockquote>五角大楼的一份声明称，由于“警察活动”，该设施已被封锁。</blockquote></p><p> Metro subway trains were ordered to bypass the Pentagon due to a police investigation.</p><p><blockquote>由于警方的调查，地铁列车被命令绕过五角大楼。</blockquote></p><p> An Associated Press reporter near the building heard multiple gunshots.</p><p><blockquote>大楼附近的美联社记者听到多声枪响。</blockquote></p><p></p>","source":"lsy1628003918714","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>Pentagon on lockdown after gunshots fired near Metro<blockquote>地铁附近发生枪击事件后五角大楼处于封锁状态</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\">\nPentagon on lockdown after gunshots fired near Metro<blockquote>地铁附近发生枪击事件后五角大楼处于封锁状态</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">AP News</strong><span class=\"h-time small\">2021-08-03 23:16</span>\n</p>\n</h4>\n</header>\n<article>\n<p>(Aug&nbsp;3)&nbsp;The Pentagon was on lockdown Tuesday morning after multiple gunshots were fired near a platform by the facility’s Metro station.</p><p><blockquote>（8月3日）周二早上，在该设施地铁站的一个站台附近发生多起枪击事件后，五角大楼被封锁。</blockquote></p><p> At least one person was down, according to two people familiar with the shooting, who spoke on condition of anonymity because they were not authorized to release information publicly. The person’s condition was not known.</p><p><blockquote>据两名熟悉枪击事件的人士称，至少有一人倒下，这两人因无权公开发布信息而要求匿名。此人的状况尚不清楚。</blockquote></p><p> The incident occurred on a Metro bus platform that is part of the Pentagon Transit Center, the Pentagon Protection Force Protection Agency tweeted.</p><p><blockquote>五角大楼保护部队保护局在推特上表示，这起事件发生在五角大楼运输中心的地铁公交站台上。</blockquote></p><p> A Pentagon announcement said the facility was on lockdown due to “police activity.”</p><p><blockquote>五角大楼的一份声明称，由于“警察活动”，该设施已被封锁。</blockquote></p><p> Metro subway trains were ordered to bypass the Pentagon due to a police investigation.</p><p><blockquote>由于警方的调查，地铁列车被命令绕过五角大楼。</blockquote></p><p> An Associated Press reporter near the building heard multiple gunshots.</p><p><blockquote>大楼附近的美联社记者听到多声枪响。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://apnews.com/article/politics-846e71a1b78370611ba13beb28aa77a9\">AP News</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite","SPY":"标普500ETF",".SPX":"S&P 500 Index",".DJI":"道琼斯"},"source_url":"https://apnews.com/article/politics-846e71a1b78370611ba13beb28aa77a9","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1173044069","content_text":"(Aug 3) The Pentagon was on lockdown Tuesday morning after multiple gunshots were fired near a platform by the facility’s Metro station.\nAt least one person was down, according to two people familiar with the shooting, who spoke on condition of anonymity because they were not authorized to release information publicly. The person’s condition was not known.\nThe incident occurred on a Metro bus platform that is part of the Pentagon Transit Center, the Pentagon Protection Force Protection Agency tweeted.\nA Pentagon announcement said the facility was on lockdown due to “police activity.”\nMetro subway trains were ordered to bypass the Pentagon due to a police investigation.\nAn Associated Press reporter near the building heard multiple gunshots.","news_type":1,"symbols_score_info":{".SPX":0.9,".IXIC":0.9,".DJI":0.9,"SPY":0.9}},"isVote":1,"tweetType":1,"viewCount":661,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":804394676,"gmtCreate":1627920300295,"gmtModify":1633755233075,"author":{"id":"3574925827192931","authorId":"3574925827192931","name":"JoshyQ","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574925827192931","authorIdStr":"3574925827192931"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/804394676","repostId":"1172320411","repostType":4,"isVote":1,"tweetType":1,"viewCount":482,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":802551675,"gmtCreate":1627790465597,"gmtModify":1633756349839,"author":{"id":"3574925827192931","authorId":"3574925827192931","name":"JoshyQ","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574925827192931","authorIdStr":"3574925827192931"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/802551675","repostId":"1142925544","repostType":4,"repost":{"id":"1142925544","kind":"news","pubTimestamp":1627787240,"share":"https://www.laohu8.com/m/news/1142925544?lang=zh_CN&edition=full","pubTime":"2021-08-01 11:07","market":"us","language":"en","title":"Investors, Beware! Stocks Are Entering the Most Dangerous Stretch of the Year<blockquote>投资者当心！股市正在进入今年最危险的时期</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1142925544","media":"Barron's","summary":"“Yes, it’s summer, my time of year,”as the group War sangin that golden oldie “Summer” from the 1970","content":"<p>“Yes, it’s summer, my time of year,”as the group War sangin that golden oldie “Summer” from the 1970s, recalling pleasant times at the beach or by the barbecue. No need to remind anyone back then of droughts, wildfires, or Covid-19 surges that are unfortunate features of the steamy season this year.</p><p><blockquote>“是的，现在是夏天，我一年中的这个时候，”乐队唱着20世纪70年代的金色老歌《夏天》，回忆着在海滩或烧烤时的愉快时光。没有必要提醒当时的任何人干旱、野火或新冠肺炎激增，这些都是今年潮湿季节的不幸特征。</blockquote></p><p> But the coming of August also means entering what historically has been the most treacherous stretch of the year for stocks, according to data going back to 1928 compiled by Bank of America analyst Stephen Suttmeier. He finds that theS&amp;P 500index had a negative return averaging 0.03% in August, September, and October—the worst three-month span of the year for the big-cap benchmark. In fact, they constitute the only three-month period that averages in the red.</p><p><blockquote>但根据美国银行分析师斯蒂芬·萨特迈尔(Stephen Suttmeier)汇编的1928年以来的数据，8月的到来也意味着股市将进入历史上一年中最危险的时期。他发现标准普尔500指数在8月、9月和10月的平均回报率为0.03%，这是大盘股基准今年最糟糕的三个月。事实上，它们构成了唯一平均亏损的三个月期间。</blockquote></p><p> August actually is bracketed by the best and worst months of the year, he adds in a research note. July averages a 1.58% return on the S&amp;P 500, with positive results 59.1% of the time, while September averages a negative 1.03%, ending in the plus column less than half of the time, or 45%.</p><p><blockquote>他在一份研究报告中补充道，八月实际上是一年中最好和最差的月份。7月份标普500的平均回报率为1.58%，其中59.1%的时间为正，而9月份的平均回报率为负1.03%，只有不到一半的时间（即45%）出现在正栏中。</blockquote></p><p> This July did even better than the norm, with the S&amp;P 500 gaining 2.27%. It also was the sixth consecutive up month for the index—the longest positive streak since September 2018, according to Dow Jones’ statistical mavens. During that period, its cumulative advance was 18.34%.</p><p><blockquote>今年7月的表现甚至好于正常水平，标普500上涨了2.27%。根据道琼斯统计专家的数据，这也是该指数连续第六个月上涨，这是自2018年9月以来最长的连续上涨。在此期间，其累计预付款为18.34%。</blockquote></p><p> August’s record is in between, with an average 0.70% S&amp;P 500 return and positive results 58.1% of the time, marking a transition from the “summer rip” to the “fall dip.”</p><p><blockquote>8月份的记录介于两者之间，平均标普500回报率为0.70%，58.1%的时间为积极结果，标志着从“夏季暴跌”到“秋季暴跌”的转变。</blockquote></p><p> Not surprisingly, the laggard returns of the August-October period are accompanied by an uptick in volatility, Suttmeier finds. Based on records going back to 1992, theCboe Volatility Index,or VIX, has often seen spikes during those months, following relatively subdued volatility in the April-July period.</p><p><blockquote>Suttmeier发现，毫不奇怪，8月至10月期间的落后回报伴随着波动性的上升。根据1992年以来的记录，芝加哥期权交易所波动率指数(VIX)在4月至7月期间波动性相对较低后，在这几个月经常出现飙升。</blockquote></p><p> Past isn’t necessarily prologue, but if it is, the timing of the initial public offering byRobinhood Markets(ticker: HOOD) might prove propitious, if the stock market does have its typical seasonal rough patch. The online broker, whose putative mission is to open investing to novices supposedly ignored by established outfits, sold 55 million shares at $38 on Thursday. In the process, it provided a valuable lesson to all those who got in on the IPO: Buy low and sell high.</p><p><blockquote>过去不一定是序幕，但如果是，如果股市确实经历了典型的季节性艰难时期，Robinhood Markets（股票代码：HOOD）首次公开募股的时机可能会被证明是有利的。这家在线经纪商的假定使命是向据称被老牌机构忽视的新手开放投资，周四以38美元的价格出售了5500万股股票。在这个过程中，它为所有参与IPO的人提供了宝贵的一课：低买高卖。</blockquote></p><p> The company evidently fulfilled the latter imperative, selling its shares high, even though they were priced at the low end of the expected $38-$42 range. Their price sank 8.4% on their first day of trading, although they recouped a bit on Friday. By week’s end, buyers of Robinhood’s IPO who held were down 7.5%.</p><p><blockquote>该公司显然满足了后一项要求，高价出售其股票，尽管它们的定价处于预期38美元至42美元范围的低端。尽管周五有所回升，但其价格在首日交易中下跌了8.4%。截至本周末，持有Robinhood IPO的买家数量下降了7.5%。</blockquote></p><p> Among those who sold high were the company’s co-founders, CEO Vladimir Tenev and Chief Creative Officer Baiju Bhatt, who each offloaded 1.25 million shares in the IPO. As my illustrious predecessor, Alan Abelson, liked to observe, there are many good reasons to sell a stock, but expecting it to go up isn’t one of them. That has never been more true, given the ability of rich owners to monetize their assets by borrowing against them cheaply, and without incurring capital-gains taxes.</p><p><blockquote>卖出高价的人包括该公司的联合创始人、首席执行官弗拉基米尔·特涅夫(Vladimir Tenev)和首席创意官白菊·巴特(Baiju Bhatt)，他们在IPO中每人抛售了125万股。正如我杰出的前任艾伦·阿贝尔森（Alan Abelson）喜欢观察的那样，卖出股票有很多好的理由，但期望它上涨并不是其中之一。考虑到富有的所有者有能力通过廉价借贷将其资产货币化，并且无需缴纳资本利得税，这一点从未像现在这样真实。</blockquote></p><p> To be sure, Tenev and Bhatt still have significant stakes in Robinhood. Asour colleague Avi Salzman reported, these were worth $2.5 billion at the initial offering price, and Tenev and Bhatt retain voting control. The two also could receive awards of shares worth as much as $6.7 billion for Tenev and $4 billion for Bhatt, if the stock hits $300, or nearly the proverbial ten-bagger from here.</p><p><blockquote>可以肯定的是，特涅夫和巴特仍然在罗宾汉拥有大量股份。正如我们的同事Avi Salzman报道的那样，按首次发行价计算，这些股票价值25亿美元，Tenev和Bhatt保留了投票权。如果股价达到300美元，或者接近众所周知的十倍，两人还可以获得Tenev价值高达67亿美元的股票奖励，Bhatt价值40亿美元的股票奖励。</blockquote></p><p> But in a blow against income inequality, the potential billionaire pair took symbolic pay cuts, to $34,248, the average annual wage of American workers. As the comedian Yakov Smirnoff likes to say, “What a country!”</p><p><blockquote>但为了打击收入不平等，这对潜在的亿万富翁夫妇象征性地减薪至34,248美元，这是美国工人的平均年薪。正如喜剧演员雅科夫·斯米尔诺夫喜欢说的：“多好的国家啊！”</blockquote></p><p> How those workers are faring will be a subject of the monthly employment report slated for release this coming Friday.</p><p><blockquote>这些工人的状况将成为定于本周五发布的月度就业报告的主题。</blockquote></p><p> Economists’ forecasts for nonfarm payrolls center around a gain of 900,000. Jefferies economists Aneta Markowska and Thomas Simons estimate that the increase could top the long-anticipated one million mark; they forecast 1.2 million.</p><p><blockquote>经济学家对非农就业人数的预测约为90万人。杰富瑞(Jefferies)经济学家Aneta Markowska和Thomas Simons估计，增幅可能会突破期待已久的100万大关；他们预测有120万。</blockquote></p><p> Markowska and Simons think the expiration of supplemental unemployment benefits in some states will boost the labor supply, although that is a matter of significant debate. (For more on the jobs market, seethis week’s cover story.)</p><p><blockquote>Markowska和Simons认为，一些州补充失业救济金的到期将增加劳动力供应，尽管这是一个有重大争议的问题。（有关就业市场的更多信息，请参阅本周的封面故事。）</blockquote></p><p></p>","source":"lsy1610680873436","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Investors, Beware! Stocks Are Entering the Most Dangerous Stretch of the Year<blockquote>投资者当心！股市正在进入今年最危险的时期</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\">\nInvestors, Beware! Stocks Are Entering the Most Dangerous Stretch of the Year<blockquote>投资者当心！股市正在进入今年最危险的时期</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Barron's</strong><span class=\"h-time small\">2021-08-01 11:07</span>\n</p>\n</h4>\n</header>\n<article>\n<p>“Yes, it’s summer, my time of year,”as the group War sangin that golden oldie “Summer” from the 1970s, recalling pleasant times at the beach or by the barbecue. No need to remind anyone back then of droughts, wildfires, or Covid-19 surges that are unfortunate features of the steamy season this year.</p><p><blockquote>“是的，现在是夏天，我一年中的这个时候，”乐队唱着20世纪70年代的金色老歌《夏天》，回忆着在海滩或烧烤时的愉快时光。没有必要提醒当时的任何人干旱、野火或新冠肺炎激增，这些都是今年潮湿季节的不幸特征。</blockquote></p><p> But the coming of August also means entering what historically has been the most treacherous stretch of the year for stocks, according to data going back to 1928 compiled by Bank of America analyst Stephen Suttmeier. He finds that theS&amp;P 500index had a negative return averaging 0.03% in August, September, and October—the worst three-month span of the year for the big-cap benchmark. In fact, they constitute the only three-month period that averages in the red.</p><p><blockquote>但根据美国银行分析师斯蒂芬·萨特迈尔(Stephen Suttmeier)汇编的1928年以来的数据，8月的到来也意味着股市将进入历史上一年中最危险的时期。他发现标准普尔500指数在8月、9月和10月的平均回报率为0.03%，这是大盘股基准今年最糟糕的三个月。事实上，它们构成了唯一平均亏损的三个月期间。</blockquote></p><p> August actually is bracketed by the best and worst months of the year, he adds in a research note. July averages a 1.58% return on the S&amp;P 500, with positive results 59.1% of the time, while September averages a negative 1.03%, ending in the plus column less than half of the time, or 45%.</p><p><blockquote>他在一份研究报告中补充道，八月实际上是一年中最好和最差的月份。7月份标普500的平均回报率为1.58%，其中59.1%的时间为正，而9月份的平均回报率为负1.03%，只有不到一半的时间（即45%）出现在正栏中。</blockquote></p><p> This July did even better than the norm, with the S&amp;P 500 gaining 2.27%. It also was the sixth consecutive up month for the index—the longest positive streak since September 2018, according to Dow Jones’ statistical mavens. During that period, its cumulative advance was 18.34%.</p><p><blockquote>今年7月的表现甚至好于正常水平，标普500上涨了2.27%。根据道琼斯统计专家的数据，这也是该指数连续第六个月上涨，这是自2018年9月以来最长的连续上涨。在此期间，其累计预付款为18.34%。</blockquote></p><p> August’s record is in between, with an average 0.70% S&amp;P 500 return and positive results 58.1% of the time, marking a transition from the “summer rip” to the “fall dip.”</p><p><blockquote>8月份的记录介于两者之间，平均标普500回报率为0.70%，58.1%的时间为积极结果，标志着从“夏季暴跌”到“秋季暴跌”的转变。</blockquote></p><p> Not surprisingly, the laggard returns of the August-October period are accompanied by an uptick in volatility, Suttmeier finds. Based on records going back to 1992, theCboe Volatility Index,or VIX, has often seen spikes during those months, following relatively subdued volatility in the April-July period.</p><p><blockquote>Suttmeier发现，毫不奇怪，8月至10月期间的落后回报伴随着波动性的上升。根据1992年以来的记录，芝加哥期权交易所波动率指数(VIX)在4月至7月期间波动性相对较低后，在这几个月经常出现飙升。</blockquote></p><p> Past isn’t necessarily prologue, but if it is, the timing of the initial public offering byRobinhood Markets(ticker: HOOD) might prove propitious, if the stock market does have its typical seasonal rough patch. The online broker, whose putative mission is to open investing to novices supposedly ignored by established outfits, sold 55 million shares at $38 on Thursday. In the process, it provided a valuable lesson to all those who got in on the IPO: Buy low and sell high.</p><p><blockquote>过去不一定是序幕，但如果是，如果股市确实经历了典型的季节性艰难时期，Robinhood Markets（股票代码：HOOD）首次公开募股的时机可能会被证明是有利的。这家在线经纪商的假定使命是向据称被老牌机构忽视的新手开放投资，周四以38美元的价格出售了5500万股股票。在这个过程中，它为所有参与IPO的人提供了宝贵的一课：低买高卖。</blockquote></p><p> The company evidently fulfilled the latter imperative, selling its shares high, even though they were priced at the low end of the expected $38-$42 range. Their price sank 8.4% on their first day of trading, although they recouped a bit on Friday. By week’s end, buyers of Robinhood’s IPO who held were down 7.5%.</p><p><blockquote>该公司显然满足了后一项要求，高价出售其股票，尽管它们的定价处于预期38美元至42美元范围的低端。尽管周五有所回升，但其价格在首日交易中下跌了8.4%。截至本周末，持有Robinhood IPO的买家数量下降了7.5%。</blockquote></p><p> Among those who sold high were the company’s co-founders, CEO Vladimir Tenev and Chief Creative Officer Baiju Bhatt, who each offloaded 1.25 million shares in the IPO. As my illustrious predecessor, Alan Abelson, liked to observe, there are many good reasons to sell a stock, but expecting it to go up isn’t one of them. That has never been more true, given the ability of rich owners to monetize their assets by borrowing against them cheaply, and without incurring capital-gains taxes.</p><p><blockquote>卖出高价的人包括该公司的联合创始人、首席执行官弗拉基米尔·特涅夫(Vladimir Tenev)和首席创意官白菊·巴特(Baiju Bhatt)，他们在IPO中每人抛售了125万股。正如我杰出的前任艾伦·阿贝尔森（Alan Abelson）喜欢观察的那样，卖出股票有很多好的理由，但期望它上涨并不是其中之一。考虑到富有的所有者有能力通过廉价借贷将其资产货币化，并且无需缴纳资本利得税，这一点从未像现在这样真实。</blockquote></p><p> To be sure, Tenev and Bhatt still have significant stakes in Robinhood. Asour colleague Avi Salzman reported, these were worth $2.5 billion at the initial offering price, and Tenev and Bhatt retain voting control. The two also could receive awards of shares worth as much as $6.7 billion for Tenev and $4 billion for Bhatt, if the stock hits $300, or nearly the proverbial ten-bagger from here.</p><p><blockquote>可以肯定的是，特涅夫和巴特仍然在罗宾汉拥有大量股份。正如我们的同事Avi Salzman报道的那样，按首次发行价计算，这些股票价值25亿美元，Tenev和Bhatt保留了投票权。如果股价达到300美元，或者接近众所周知的十倍，两人还可以获得Tenev价值高达67亿美元的股票奖励，Bhatt价值40亿美元的股票奖励。</blockquote></p><p> But in a blow against income inequality, the potential billionaire pair took symbolic pay cuts, to $34,248, the average annual wage of American workers. As the comedian Yakov Smirnoff likes to say, “What a country!”</p><p><blockquote>但为了打击收入不平等，这对潜在的亿万富翁夫妇象征性地减薪至34,248美元，这是美国工人的平均年薪。正如喜剧演员雅科夫·斯米尔诺夫喜欢说的：“多好的国家啊！”</blockquote></p><p> How those workers are faring will be a subject of the monthly employment report slated for release this coming Friday.</p><p><blockquote>这些工人的状况将成为定于本周五发布的月度就业报告的主题。</blockquote></p><p> Economists’ forecasts for nonfarm payrolls center around a gain of 900,000. Jefferies economists Aneta Markowska and Thomas Simons estimate that the increase could top the long-anticipated one million mark; they forecast 1.2 million.</p><p><blockquote>经济学家对非农就业人数的预测约为90万人。杰富瑞(Jefferies)经济学家Aneta Markowska和Thomas Simons估计，增幅可能会突破期待已久的100万大关；他们预测有120万。</blockquote></p><p> Markowska and Simons think the expiration of supplemental unemployment benefits in some states will boost the labor supply, although that is a matter of significant debate. (For more on the jobs market, seethis week’s cover story.)</p><p><blockquote>Markowska和Simons认为，一些州补充失业救济金的到期将增加劳动力供应，尽管这是一个有重大争议的问题。（有关就业市场的更多信息，请参阅本周的封面故事。）</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.barrons.com/articles/stocks-news-robinhood-sp500-51627692215?mod=hp_LATEST\">Barron's</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite","SPY":"标普500ETF",".SPX":"S&P 500 Index",".DJI":"道琼斯"},"source_url":"https://www.barrons.com/articles/stocks-news-robinhood-sp500-51627692215?mod=hp_LATEST","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1142925544","content_text":"“Yes, it’s summer, my time of year,”as the group War sangin that golden oldie “Summer” from the 1970s, recalling pleasant times at the beach or by the barbecue. No need to remind anyone back then of droughts, wildfires, or Covid-19 surges that are unfortunate features of the steamy season this year.\nBut the coming of August also means entering what historically has been the most treacherous stretch of the year for stocks, according to data going back to 1928 compiled by Bank of America analyst Stephen Suttmeier. He finds that theS&P 500index had a negative return averaging 0.03% in August, September, and October—the worst three-month span of the year for the big-cap benchmark. In fact, they constitute the only three-month period that averages in the red.\nAugust actually is bracketed by the best and worst months of the year, he adds in a research note. July averages a 1.58% return on the S&P 500, with positive results 59.1% of the time, while September averages a negative 1.03%, ending in the plus column less than half of the time, or 45%.\nThis July did even better than the norm, with the S&P 500 gaining 2.27%. It also was the sixth consecutive up month for the index—the longest positive streak since September 2018, according to Dow Jones’ statistical mavens. During that period, its cumulative advance was 18.34%.\nAugust’s record is in between, with an average 0.70% S&P 500 return and positive results 58.1% of the time, marking a transition from the “summer rip” to the “fall dip.”\nNot surprisingly, the laggard returns of the August-October period are accompanied by an uptick in volatility, Suttmeier finds. Based on records going back to 1992, theCboe Volatility Index,or VIX, has often seen spikes during those months, following relatively subdued volatility in the April-July period.\nPast isn’t necessarily prologue, but if it is, the timing of the initial public offering byRobinhood Markets(ticker: HOOD) might prove propitious, if the stock market does have its typical seasonal rough patch. The online broker, whose putative mission is to open investing to novices supposedly ignored by established outfits, sold 55 million shares at $38 on Thursday. In the process, it provided a valuable lesson to all those who got in on the IPO: Buy low and sell high.\nThe company evidently fulfilled the latter imperative, selling its shares high, even though they were priced at the low end of the expected $38-$42 range. Their price sank 8.4% on their first day of trading, although they recouped a bit on Friday. By week’s end, buyers of Robinhood’s IPO who held were down 7.5%.\nAmong those who sold high were the company’s co-founders, CEO Vladimir Tenev and Chief Creative Officer Baiju Bhatt, who each offloaded 1.25 million shares in the IPO. As my illustrious predecessor, Alan Abelson, liked to observe, there are many good reasons to sell a stock, but expecting it to go up isn’t one of them. That has never been more true, given the ability of rich owners to monetize their assets by borrowing against them cheaply, and without incurring capital-gains taxes.\nTo be sure, Tenev and Bhatt still have significant stakes in Robinhood. Asour colleague Avi Salzman reported, these were worth $2.5 billion at the initial offering price, and Tenev and Bhatt retain voting control. The two also could receive awards of shares worth as much as $6.7 billion for Tenev and $4 billion for Bhatt, if the stock hits $300, or nearly the proverbial ten-bagger from here.\nBut in a blow against income inequality, the potential billionaire pair took symbolic pay cuts, to $34,248, the average annual wage of American workers. As the comedian Yakov Smirnoff likes to say, “What a country!”\nHow those workers are faring will be a subject of the monthly employment report slated for release this coming Friday.\nEconomists’ forecasts for nonfarm payrolls center around a gain of 900,000. Jefferies economists Aneta Markowska and Thomas Simons estimate that the increase could top the long-anticipated one million mark; they forecast 1.2 million.\nMarkowska and Simons think the expiration of supplemental unemployment benefits in some states will boost the labor supply, although that is a matter of significant debate. (For more on the jobs market, seethis week’s cover story.)","news_type":1,"symbols_score_info":{".IXIC":0.9,".SPX":0.9,"SPY":0.9,".DJI":0.9}},"isVote":1,"tweetType":1,"viewCount":433,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":182344359,"gmtCreate":1623555660171,"gmtModify":1634031771092,"author":{"id":"3574925827192931","authorId":"3574925827192931","name":"JoshyQ","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3574925827192931","idStr":"3574925827192931"},"themes":[],"htmlText":"Awesome ! 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and comment pls","listText":"Like and comment pls","text":"Like and comment pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":4,"repostSize":0,"link":"https://laohu8.com/post/110298761","repostId":"2139480149","repostType":4,"isVote":1,"tweetType":1,"viewCount":362,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":141305254,"gmtCreate":1625837650578,"gmtModify":1633936853665,"author":{"id":"3574925827192931","authorId":"3574925827192931","name":"JoshyQ","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3574925827192931","idStr":"3574925827192931"},"themes":[],"htmlText":"Like and comment pls","listText":"Like and comment pls","text":"Like and comment pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/141305254","repostId":"1130635218","repostType":4,"repost":{"id":"1130635218","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":1625837442,"share":"https://www.laohu8.com/m/news/1130635218?lang=zh_CN&edition=full","pubTime":"2021-07-09 21:30","market":"us","language":"en","title":"Dow rebounds 200 points at the open, clawing back most of Thursday’s sell-off<blockquote>道指开盘反弹200点，收复周四大部分抛售</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1130635218","media":"Tiger Newspress","summary":"The Dow and S&P 500 rose on Friday, a day after the major indexes fell amid concerns of a slowdown i","content":"<p>The Dow and S&amp;P 500 rose on Friday, a day after the major indexes fell amid concerns of a slowdown in global economic growth.</p><p><blockquote>道琼斯指数和标普500指数周五上涨，此前一天主要股指因担心全球经济增长放缓而下跌。</blockquote></p><p> The Dow Jones Industrial Average rose about 200 points, or 0.7%. The S&amp;P 500 bounced by 0.55%. The technology-heavy Nasdaq Composite poped slightly.</p><p><blockquote>道琼斯工业平均指数上涨约200点，涨幅0.7%。标普500反弹0.55%。以科技股为主的纳斯达克综合指数小幅上涨。</blockquote></p><p> Theyield on the 10-year Treasuryrebounded 5 basis points to 1.34%, easing concerns about an economic slowdown (1 basis point is 0.01%). Falling yields have mystified investors lately, with the 10-year yield falling to 1.25% at its low on Thursday.</p><p><blockquote>10年期国债收益率反弹5个基点至1.34%，缓解了对经济放缓的担忧（1个基点为0.01%）。收益率下降最近让投资者感到困惑，10年期国债收益率周四跌至1.25%的低点。</blockquote></p><p> The stocks that led the losses on Thursday led the gains in premarket trading Friday. Bank of America jumped nearly 2% in early trading, leading a bounce in financial shares. Royal Caribbean and Carnival each popped more than 2%. American Airlines and United Airlines gained more than 1%.</p><p><blockquote>周四领跌的股票在周五盘前交易中领涨。美国银行早盘大涨近2%，领涨金融股。皇家加勒比和嘉年华均上涨超过2%。美国航空和联合航空涨幅超过1%。</blockquote></p><p> Shares of GM gained 2% after Wedbushsaid the stockis a buy and could jump more than 50% as investors realize the extent of its tech and electric vehicle evolution.</p><p><blockquote>韦德布什表示值得买入后，通用汽车股价上涨2%，随着投资者意识到通用汽车技术和电动汽车发展的程度，该股可能会上涨50%以上。</blockquote></p><p> Big Tech stocks were a bit weak in premarket trading as President Biden was set to announce a new executive order aimedat the competitive practices by the sector's giants. Amazon was down about 0.3% after hitting a new all-time high on Thursday.</p><p><blockquote>由于拜登总统将宣布一项针对该行业巨头竞争行为的新行政命令，大型科技股在盘前交易中有点疲软。亚马逊在周四创下历史新高后下跌约0.3%。</blockquote></p><p> Thursday's losses came as the proliferation of the highly infectious delta Covid variant also fueled worries about the global economic comeback. The Olympicsannounced a ban of spectatorsat Tokyo's summer games as Japan declared a state of emergency to curb the spread of coronavirus.</p><p><blockquote>周四的损失发生之际，高传染性delta Covid变种的扩散也加剧了人们对全球经济复苏的担忧。随着日本宣布进入紧急状态以遏制冠状病毒的传播，奥运会宣布禁止观众参加东京夏季奥运会。</blockquote></p><p> \"Our central case has been for a choppy July\" with the S&amp;P 500 falling as low as 4,100, wrote Tom Lee, Fundstrat's head of research, in a note to clients Thursday night. \"While this is a possibility, we think there is a chance [Thursday] marked the peak of [the] 'growth scare' and if this is correct, equities might be shifting towards a broader risk on.\"</p><p><blockquote>Fundstrat研究主管Tom Lee在周四晚间给客户的一份报告中写道，“我们的核心情况是7月份动荡”，标普500跌至4,100点。“虽然这是一种可能性，但我们认为[周四]有可能标志着‘增长恐慌’的顶峰，如果这是正确的，股市可能会转向更广泛的风险。”</blockquote></p><p> The Dow closed Thursday's regular session lower by nearly 260 points. The S&amp;P 500 dipped 0.86%, while the Nasdaq broke a four-day win streak by falling 0.72%.</p><p><blockquote>道琼斯指数周四常规交易收盘下跌近260点。标普500下跌0.86%，纳斯达克下跌0.72%，打破四天连涨。</blockquote></p><p> For the week, the Dow is down 1.1%, the S&amp;P 500 is off by 0.7% and the Nasdaq Composite has shed 0.5%.</p><p><blockquote>本周，道琼斯指数下跌1.1%，标普500下跌0.7%，纳斯达克综合指数下跌0.5%。</blockquote></p><p> \"The market is solidly mid-cycle and with that typically comes a 10-15% index level correction. We expect such a correction will create buying opportunities given a still strong growth backdrop,\" Mike Wilson, Morgan Stanley's chief U.S. equity strategist, told clients. Wilson favors financials, healthcare and materials.</p><p><blockquote>摩根士丹利首席美国股票策略师迈克·威尔逊(Mike Wilson)表示：“市场正处于周期中期，通常会出现10-15%的指数水平回调。鉴于增长背景仍然强劲，我们预计这种回调将创造买入机会。”告诉客户。威尔逊青睐金融、医疗保健和材料。</blockquote></p><p> \"Our economic growth forecasts remain positive, but bigger bulls continue to talk about 'pent up demand',\" Wilson added. \"We agree there is pent up demand for services consumption. We also think the degree of overconsumption in goods and the ensuing payback is under-appreciated as the positive effects on income from stimulus checks and the surge in asset prices fade.\"</p><p><blockquote>威尔逊补充道：“我们的经济增长预测仍然乐观，但更大的多头继续谈论‘被压抑的需求’。”“我们同意对服务消费的需求被压抑。我们还认为，随着刺激支票和资产价格飙升对收入的积极影响消退，商品过度消费的程度以及随之而来的回报被低估了。”</blockquote></p><p> The latest&nbsp;jobless claims report&nbsp;released Thursday also indicated a potential slowdown in the labor sector as first-time applicants for unemployment benefits unexpectedly jumped to 373,000 in the week ending July 3. Economists were looking to see 350,000 initial claims, according to Dow Jones.</p><p><blockquote>周四公布的最新初请失业金报告也表明，劳工部门可能放缓，截至7月3日当周，首次申请失业救济人数意外跃升至37.3万人。据道琼斯称，经济学家预计首次申请失业救济人数将达到35万人。</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>Dow rebounds 200 points at the open, clawing back most of Thursday’s sell-off<blockquote>道指开盘反弹200点，收复周四大部分抛售</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\">\nDow rebounds 200 points at the open, clawing back most of Thursday’s sell-off<blockquote>道指开盘反弹200点，收复周四大部分抛售</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\">2021-07-09 21:30</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>The Dow and S&amp;P 500 rose on Friday, a day after the major indexes fell amid concerns of a slowdown in global economic growth.</p><p><blockquote>道琼斯指数和标普500指数周五上涨，此前一天主要股指因担心全球经济增长放缓而下跌。</blockquote></p><p> The Dow Jones Industrial Average rose about 200 points, or 0.7%. The S&amp;P 500 bounced by 0.55%. The technology-heavy Nasdaq Composite poped slightly.</p><p><blockquote>道琼斯工业平均指数上涨约200点，涨幅0.7%。标普500反弹0.55%。以科技股为主的纳斯达克综合指数小幅上涨。</blockquote></p><p> Theyield on the 10-year Treasuryrebounded 5 basis points to 1.34%, easing concerns about an economic slowdown (1 basis point is 0.01%). Falling yields have mystified investors lately, with the 10-year yield falling to 1.25% at its low on Thursday.</p><p><blockquote>10年期国债收益率反弹5个基点至1.34%，缓解了对经济放缓的担忧（1个基点为0.01%）。收益率下降最近让投资者感到困惑，10年期国债收益率周四跌至1.25%的低点。</blockquote></p><p> The stocks that led the losses on Thursday led the gains in premarket trading Friday. Bank of America jumped nearly 2% in early trading, leading a bounce in financial shares. Royal Caribbean and Carnival each popped more than 2%. American Airlines and United Airlines gained more than 1%.</p><p><blockquote>周四领跌的股票在周五盘前交易中领涨。美国银行早盘大涨近2%，领涨金融股。皇家加勒比和嘉年华均上涨超过2%。美国航空和联合航空涨幅超过1%。</blockquote></p><p> Shares of GM gained 2% after Wedbushsaid the stockis a buy and could jump more than 50% as investors realize the extent of its tech and electric vehicle evolution.</p><p><blockquote>韦德布什表示值得买入后，通用汽车股价上涨2%，随着投资者意识到通用汽车技术和电动汽车发展的程度，该股可能会上涨50%以上。</blockquote></p><p> Big Tech stocks were a bit weak in premarket trading as President Biden was set to announce a new executive order aimedat the competitive practices by the sector's giants. Amazon was down about 0.3% after hitting a new all-time high on Thursday.</p><p><blockquote>由于拜登总统将宣布一项针对该行业巨头竞争行为的新行政命令，大型科技股在盘前交易中有点疲软。亚马逊在周四创下历史新高后下跌约0.3%。</blockquote></p><p> Thursday's losses came as the proliferation of the highly infectious delta Covid variant also fueled worries about the global economic comeback. The Olympicsannounced a ban of spectatorsat Tokyo's summer games as Japan declared a state of emergency to curb the spread of coronavirus.</p><p><blockquote>周四的损失发生之际，高传染性delta Covid变种的扩散也加剧了人们对全球经济复苏的担忧。随着日本宣布进入紧急状态以遏制冠状病毒的传播，奥运会宣布禁止观众参加东京夏季奥运会。</blockquote></p><p> \"Our central case has been for a choppy July\" with the S&amp;P 500 falling as low as 4,100, wrote Tom Lee, Fundstrat's head of research, in a note to clients Thursday night. \"While this is a possibility, we think there is a chance [Thursday] marked the peak of [the] 'growth scare' and if this is correct, equities might be shifting towards a broader risk on.\"</p><p><blockquote>Fundstrat研究主管Tom Lee在周四晚间给客户的一份报告中写道，“我们的核心情况是7月份动荡”，标普500跌至4,100点。“虽然这是一种可能性，但我们认为[周四]有可能标志着‘增长恐慌’的顶峰，如果这是正确的，股市可能会转向更广泛的风险。”</blockquote></p><p> The Dow closed Thursday's regular session lower by nearly 260 points. The S&amp;P 500 dipped 0.86%, while the Nasdaq broke a four-day win streak by falling 0.72%.</p><p><blockquote>道琼斯指数周四常规交易收盘下跌近260点。标普500下跌0.86%，纳斯达克下跌0.72%，打破四天连涨。</blockquote></p><p> For the week, the Dow is down 1.1%, the S&amp;P 500 is off by 0.7% and the Nasdaq Composite has shed 0.5%.</p><p><blockquote>本周，道琼斯指数下跌1.1%，标普500下跌0.7%，纳斯达克综合指数下跌0.5%。</blockquote></p><p> \"The market is solidly mid-cycle and with that typically comes a 10-15% index level correction. We expect such a correction will create buying opportunities given a still strong growth backdrop,\" Mike Wilson, Morgan Stanley's chief U.S. equity strategist, told clients. Wilson favors financials, healthcare and materials.</p><p><blockquote>摩根士丹利首席美国股票策略师迈克·威尔逊(Mike Wilson)表示：“市场正处于周期中期，通常会出现10-15%的指数水平回调。鉴于增长背景仍然强劲，我们预计这种回调将创造买入机会。”告诉客户。威尔逊青睐金融、医疗保健和材料。</blockquote></p><p> \"Our economic growth forecasts remain positive, but bigger bulls continue to talk about 'pent up demand',\" Wilson added. \"We agree there is pent up demand for services consumption. We also think the degree of overconsumption in goods and the ensuing payback is under-appreciated as the positive effects on income from stimulus checks and the surge in asset prices fade.\"</p><p><blockquote>威尔逊补充道：“我们的经济增长预测仍然乐观，但更大的多头继续谈论‘被压抑的需求’。”“我们同意对服务消费的需求被压抑。我们还认为，随着刺激支票和资产价格飙升对收入的积极影响消退，商品过度消费的程度以及随之而来的回报被低估了。”</blockquote></p><p> The latest&nbsp;jobless claims report&nbsp;released Thursday also indicated a potential slowdown in the labor sector as first-time applicants for unemployment benefits unexpectedly jumped to 373,000 in the week ending July 3. Economists were looking to see 350,000 initial claims, according to Dow Jones.</p><p><blockquote>周四公布的最新初请失业金报告也表明，劳工部门可能放缓，截至7月3日当周，首次申请失业救济人数意外跃升至37.3万人。据道琼斯称，经济学家预计首次申请失业救济人数将达到35万人。</blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯",".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1130635218","content_text":"The Dow and S&P 500 rose on Friday, a day after the major indexes fell amid concerns of a slowdown in global economic growth.\nThe Dow Jones Industrial Average rose about 200 points, or 0.7%. The S&P 500 bounced by 0.55%. The technology-heavy Nasdaq Composite poped slightly.\nTheyield on the 10-year Treasuryrebounded 5 basis points to 1.34%, easing concerns about an economic slowdown (1 basis point is 0.01%). Falling yields have mystified investors lately, with the 10-year yield falling to 1.25% at its low on Thursday.\nThe stocks that led the losses on Thursday led the gains in premarket trading Friday. Bank of America jumped nearly 2% in early trading, leading a bounce in financial shares. Royal Caribbean and Carnival each popped more than 2%. American Airlines and United Airlines gained more than 1%.\nShares of GM gained 2% after Wedbushsaid the stockis a buy and could jump more than 50% as investors realize the extent of its tech and electric vehicle evolution.\nBig Tech stocks were a bit weak in premarket trading as President Biden was set to announce a new executive order aimedat the competitive practices by the sector's giants. Amazon was down about 0.3% after hitting a new all-time high on Thursday.\nThursday's losses came as the proliferation of the highly infectious delta Covid variant also fueled worries about the global economic comeback. The Olympicsannounced a ban of spectatorsat Tokyo's summer games as Japan declared a state of emergency to curb the spread of coronavirus.\n\"Our central case has been for a choppy July\" with the S&P 500 falling as low as 4,100, wrote Tom Lee, Fundstrat's head of research, in a note to clients Thursday night. \"While this is a possibility, we think there is a chance [Thursday] marked the peak of [the] 'growth scare' and if this is correct, equities might be shifting towards a broader risk on.\"\nThe Dow closed Thursday's regular session lower by nearly 260 points. The S&P 500 dipped 0.86%, while the Nasdaq broke a four-day win streak by falling 0.72%.\nFor the week, the Dow is down 1.1%, the S&P 500 is off by 0.7% and the Nasdaq Composite has shed 0.5%.\n\"The market is solidly mid-cycle and with that typically comes a 10-15% index level correction. We expect such a correction will create buying opportunities given a still strong growth backdrop,\" Mike Wilson, Morgan Stanley's chief U.S. equity strategist, told clients. Wilson favors financials, healthcare and materials.\n\"Our economic growth forecasts remain positive, but bigger bulls continue to talk about 'pent up demand',\" Wilson added. \"We agree there is pent up demand for services consumption. We also think the degree of overconsumption in goods and the ensuing payback is under-appreciated as the positive effects on income from stimulus checks and the surge in asset prices fade.\"\nThe latest jobless claims report released Thursday also indicated a potential slowdown in the labor sector as first-time applicants for unemployment benefits unexpectedly jumped to 373,000 in the week ending July 3. Economists were looking to see 350,000 initial claims, according to Dow Jones.","news_type":1,"symbols_score_info":{".IXIC":0.9,".SPX":0.9,".DJI":0.9}},"isVote":1,"tweetType":1,"viewCount":268,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":135493513,"gmtCreate":1622174050332,"gmtModify":1634183126553,"author":{"id":"3574925827192931","authorId":"3574925827192931","name":"JoshyQ","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3574925827192931","idStr":"3574925827192931"},"themes":[],"htmlText":"Comment and like ty","listText":"Comment and like ty","text":"Comment and like ty","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/135493513","repostId":"1181071519","repostType":4,"repost":{"id":"1181071519","kind":"news","pubTimestamp":1622172293,"share":"https://www.laohu8.com/m/news/1181071519?lang=zh_CN&edition=full","pubTime":"2021-05-28 11:24","market":"us","language":"en","title":"Opinion: As the S&P 500 approaches its all-time high, brace for a violent move<blockquote>观点：随着标普500接近历史高点，做好暴力行动的准备</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1181071519","media":"MarketWatch","summary":"Here’s how to trade the stock market.\n\nThe S&P 500 index has been trading in a range between twice-t","content":"<p>  <b>Here’s how to trade the stock market.</b>  The S&amp;P 500 index has been trading in a range between twice-tested support at 4060 and the all-time highs at 4238. As it nears the top of this range, a volatile move is likely to follow: Either it will break out to new all-time highs, which would certainly engender some strong follow-through buying, or it will fail at the top of the trading range and move lower to test the bottom of the range once again.</p><p><blockquote><b>以下是如何交易股市。</b>标普500指数一直在两次测试的支撑位4060点和历史高点4238点之间交易。随着它接近这个区间的顶部，很可能会出现波动性的走势：要么突破历史新高，这肯定会产生一些强劲的后续买入，要么在交易区间顶部失败，再次走低测试区间底部。</blockquote></p><p> Either move is likely to be swift.</p><p><blockquote>这两项举措都可能很快。</blockquote></p><p> Let’s review the indicators, and then we can judge what strategy to apply to this theory.</p><p><blockquote>让我们回顾一下指标，然后我们可以判断对这个理论应用什么策略。</blockquote></p><p> As noted, the S&amp;PSPX,+0.12%has resistance at 4238 (the all-time highs) and doubly-tested support at 4060. Below there, another support level exists at 4000, and then the support of last resort is at 3870.</p><p><blockquote>如上所述，S&amp;PSPX,+0.12%在4238点（历史高点）有阻力，在4060点有双重测试的支撑。在那里下方，另一个支撑位存在于4000，然后最后的支撑位在3870。</blockquote></p><p> A breakdown below 3870 would change things dramatically – turning the SPX decidedly bearish and most likely saying that we had entered a bear market. But that is far from current levels. In addition, the McMillan Volatility Band (MVB) sell signal is still in effect. Its target is the -4σ “modified Bollinger Band,” which is currently at 4020 and moving sideways.</p><p><blockquote>跌破3870点将会极大地改变事情——使SPX指数明显看跌，很可能表明我们已经进入熊市。但这与目前的水平相去甚远。此外，麦克米兰波动带（MVB）卖出信号仍然有效。其目标是-4 σ“修正布林线”，目前位于4020点并横盘整理。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/063db1fcc3f4bada6dffb863a8efe067\" tg-width=\"918\" tg-height=\"692\">Equity-only put-call ratios remain on sell signals, although heavy call buying seems to have begun again as SPX has approached its all-time highs. As long as these ratios are rising, the sell signals will remain in place. The computer programs that we use to analyze these charts agree that these ratios are still on sell signals.</p><p><blockquote>尽管随着SPX接近历史高点，看涨期权的大量买盘似乎再次开始，但仅股票的看跌看涨期权比率仍处于卖出信号。只要这些比率上升，卖出信号就会保持不变。我们用来分析这些图表的计算机程序一致认为，这些比率仍然是卖出信号。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/3a8a3cbd81ef0ad5dac523f49f6cf1fa\" tg-width=\"914\" tg-height=\"688\"><img src=\"https://static.tigerbbs.com/023ccbac0711da78c8a01d78d29a6be4\" tg-width=\"920\" tg-height=\"688\">LAWRENCE MCMILLAN</p><p><blockquote>劳伦斯·麦克米兰</blockquote></p><p> Breadth has been jumping back and forth. There were breadth buy signals issued in mid-May, but breadth was not as strong during the rally as one might have hoped for. As a result, these breadth oscillators – while still on buy signals – are susceptible to a quick reversal to sell signals if breadth should register two consecutive negative days.</p><p><blockquote>广度一直在来回跳跃。5月中旬发出了广度买入信号，但广度在反弹期间并没有人们希望的那么强劲。因此，如果宽度连续两天出现负值，这些宽度振荡器虽然仍处于买入信号，但很容易迅速逆转为卖出信号。</blockquote></p><p> On a more positive note, though, there has been some internal strength during this rally, and the cumulative breadth indicators are improving. In fact,<i>c</i>umulative volume breadth(CVB) just registered a new all-time high.</p><p><blockquote>不过，从更积极的方面来看，在这次反弹中出现了一些内部力量，累积宽度指标正在改善。事实上，<i>c</i>累计成交量宽度（CVB）刚刚创下历史新高。</blockquote></p><p> Subscribers may recall that this is one of the few predictive things we can garner from cumulative indicators, and it portends a new all-time high in SPX will follow. The track record of this lone indicator has been very strong, in that it hasn’t been wrong in the 21 years we’ve tracked it (to be fair, there were no signals between the one in the year 2000 and the next one in 2013).</p><p><blockquote>订阅者可能还记得，这是我们可以从累积指标中获得的少数预测性信息之一，它预示着SPX将创下历史新高。这个唯一指标的跟踪记录非常强劲，因为在我们跟踪它的21年里，它没有出错（公平地说，在2000年的一个指标和2013年的下一个指标之间没有任何信号）。</blockquote></p><p> New 52-week highs continue to outnumber new 52-week lows. That is bullish. However, the number of new highs is no longer expanding as it once was. Regardless, this will remain a positive indicator as long as new highs outpace new lows.</p><p><blockquote>52周新高继续超过52周新低。这是看涨的。然而，新高的数量不再像以前那样扩大。无论如何，只要新高超过新低，这仍将是一个积极的指标。</blockquote></p><p> Volatility continues to be an area of analysis that is bullish in its outlook for stocks. First, the VIX “spike peak” buy signal remains in effect. Second, the trend of VIXVIX,-3.57%is clearly lower once again. VIX is below both is 200-day and 20-day moving verages. This is a slight change, because there had been a small uptrend development; that is no longer the case.</p><p><blockquote>波动性仍然是看好股市前景的分析领域。首先，VIX“尖峰”买入信号仍然有效。二是VIXVIX，-3.57%的走势明显再次走低。VIX均低于200日和20日移动平均线。这是一个轻微的变化，因为有一个小的上升趋势发展；现在已经不是这样了。</blockquote></p><p> Finally, the construct of volatility derivatives remains positive in that the VIX futuresVX00,-4.61%are trading at premiums to VIX, and their term structure slopes upward. The Cboe Volatility Index term structure slopes upward as well.</p><p><blockquote>最后，波动性衍生品的结构仍然是积极的，因为VIX期货VX00,-4.61%的交易价格高于VIX，并且其期限结构向上倾斜。Cboe波动率指数期限结构也向上倾斜。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/743d070c528a592ae7b42c58058c8722\" tg-width=\"918\" tg-height=\"690\">In summary, SPX is still trading within a range, and so we are trading confirmed buy signals as well as sell signals. A breakout above 4238 (i.e., to new all-time highs) would certainly be very positive, but that is not guaranteed.</p><p><blockquote>总之，SPX仍在区间内交易，因此我们交易确认的买入信号和卖出信号。突破4238点（即达到历史新高）肯定是非常积极的，但这并不能保证。</blockquote></p><p> <b>New recommendation: SPY straddle buy</b></p><p><blockquote><b>新推荐：SPDR标普500指数ETF跨式买入</b></blockquote></p><p> For now, SPX is still within a trading range between 4060 and 4238. One way to trade a range is to sell (short) near the top of the range and go long near the bottom of the range, reversing your position if a breakout occurs in either direction. In line with that strategy, one would be buying puts now, with SPX near the top of the range.</p><p><blockquote>目前，SPX仍在4060至4238之间的交易区间内。交易区间的一种方法是在区间顶部附近卖出（做空），在区间底部附近做多，如果任一方向出现突破，则反转您的头寸。根据这一策略，人们现在应该买入看跌期权，因为SPX接近该区间的顶部。</blockquote></p><p> However, as we saw in the above analysis, there are currently both positive and negative indicators, with one of the stronger ones being the CVB buy signal. With that in mind, one would buy calls, looking for SPX to eventually break out to new highs. Throw in the fact that volatility (VIX) is near its lows, and straddle purchase seems to be the strategy to take advantage of all of these factors.</p><p><blockquote>然而，正如我们在上面的分析中看到的，目前既有积极的指标，也有消极的指标，其中较强的指标之一是CVB买入信号。考虑到这一点，人们会买入评级，期待SPX最终突破新高。再加上波动率（VIX）接近低点的事实，跨式购买似乎是利用所有这些因素的策略。</blockquote></p><p> <b>Buy 1 SPY July (16th) at-the-money call</b></p><p><blockquote><b>买1 SPDR标普500指数ETF 7月（16日）平价看涨期权</b></blockquote></p><p> <b>And buy 1 SPY July (16th) at-the-money put</b></p><p><blockquote><b>并买入1 SPDR标普500指数ETF 7月（16日）平价看跌期权</b></blockquote></p><p></p><p> Currently that at-the-money straddle costs about 17 points, or $1,700. It would make money, then, if SPY rose 17 points above the striking price or fell 17 points below.</p><p><blockquote>目前，平价跨式期权的成本约为17点，即1,700美元。那么，如果SPDR标普500指数ETF股价比执行价格上涨17点或下跌17点，它就会赚钱。</blockquote></p><p> <b>New recommendation: Cerner</b></p><p><blockquote><b>新推荐：Cerner</b></blockquote></p><p> Vague takeover rumors have sprung up in CernerCERN,-0.94%over the past two days. Option volume is running about triple is usually pace over that time. Stock volume patterns are quite strong, and there is support for the stock in the 76-77 area.</p><p><blockquote>CernerCERN出现了模糊的收购传闻，过去两天股价为-0.94%。在此期间，期权交易量通常会增加三倍。股票成交量模式相当强劲，该股在76-77区域有支撑。</blockquote></p><p> <b>Buy 4 CERN June (18th) 80 calls</b></p><p><blockquote><b>购买4 CERN 6月（18日）80评级</b></blockquote></p><p> <b>At a price of 2.00 or less.</b></p><p><blockquote><b>价格为2.00或更低。</b></blockquote></p><p> CERN: 79.03 June (18th) 80 call: 1.95 offered</p><p><blockquote>CERN：79.03 6月（18日）80看涨期权：1.95已提供</blockquote></p><p> <img src=\"https://static.tigerbbs.com/b6a28e858373b8acdc61ba05fbec2f2b\" tg-width=\"912\" tg-height=\"694\"><b>Follow-up action</b></p><p><blockquote><b>后续行动</b></blockquote></p><p> <b><i>All stops are mental closing stops unless otherwise noted.</i></b></p><p><blockquote><b><i>除非另有说明，所有停止都是精神关闭停止。</i></b></blockquote></p><p> <b>Long 8 FXY Jun (18th) 87 calls:</b>Sell these calls now, since the put-call ratio buy signal is no longer in place.</p><p><blockquote><b>龙8 FXY 6月（18日）87评级：</b>现在卖出这些评级，因为看跌-看涨期权比率买入信号不再到位。</blockquote></p><p> <b>Long 2 SPY June (11th) 410 puts and short 2 SPY June (11th) 385 puts:</b>This trade was taken because of the MVB sell signal that occurred, when SPX traded down through 4105 on May 12. It would be stopped out by SPX once again closing above the +4σ Band. Effectively, at this point we are holding without a stop. It would reach its profit target if SPX trades at the -4σ Band. Right now, the lower Band is at about 4020 and moving sideways. Sell half of this position if SPX trades at 4000 at any time.</p><p><blockquote><b>多头2 SPDR标普500指数ETF 6月（11日）410看跌期权空头2 SPDR标普500指数ETF 6月（11日）385看跌期权：</b>进行这笔交易是因为5月12日SPX下跌至4105点时出现了MVB卖出信号。它将被SPX再次收于+4 σ波段上方止损。实际上，在这一点上，我们没有停止。如果SPX交易在-4 σ区间，它将达到利润目标。目前，较低的波段在4020点左右，正在横盘整理。如果SPX在任何时候交易于4000点，则卖出该头寸的一半。</blockquote></p><p> <b>Long 1 expiring SPY May (28th) 416 put and short 1 SPY May (28th) 396 put:</b>This recommendation is based on the equity-only put-call ratio sell signal that is in place. We will hold this recommendation as long as the equity-only put-call ratios are on sell signals. Hence, we will be updating the status weekly. Since the spread is expiring, sell the current spread and replace it with the following:</p><p><blockquote><b>多头1到期SPDR标普500指数ETF 5月（28日）416看跌空头1 SPDR标普500指数ETF 5月（28日）396看跌：</b>该建议基于现有的纯股票看跌看涨期权比率卖出信号。只要仅股票的看跌看涨期权比率处于卖出信号，我们就将持有这一建议。因此，我们将每周更新状态。由于价差即将到期，请出售当前价差并将其替换为以下内容：</blockquote></p><p> <b>Buy 1 SPY June (18th) at-the-money put</b></p><p><blockquote><b>买入1 SPDR标普500指数ETF 6月（18日）平价看跌期权</b></blockquote></p><p> <b>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; And sell 1 SPY June (18th) put with a striking price 20 points lower.</b></p><p><blockquote><b>并以下跌20点的价格卖出1 SPDR标普500指数ETF 6月（18日）看跌期权。</b></blockquote></p><p> For now, hold without a stop. Roll the position down, 20 strikes on each side, if SPY<i>trades</i>at the lower strike at any time.</p><p><blockquote>现在，不要停下来。向下滚动位置，每边20击，如果SPDR标普500指数ETF<i>贸易</i>随时在较低的罢工。</blockquote></p><p> <b>Long 3 DUK June (18th) 100 calls:</b>Hold without a stop while we wait for the activist investor to produce a positive result.</p><p><blockquote><b>龙3德6月（18日）100评级：</b>在我们等待激进投资者产生积极结果时，不要停止持有。</blockquote></p><p> <b>Long 2 SPY June (18th) 415 calls and short 2 SPY June (18th) 428 calls:</b>This spread was bought when the most recent VIX “spike peak” buy signal was confirmed on May 21. It would be stopped out if VIX were to return to spiking mode – that is, if it rose at least 3.00 points over any period of three days or less (using closing prices).</p><p><blockquote><b>多2 SPDR标普500指数ETF 6月（18日）415评级空2 SPDR标普500指数ETF 6月（18日）428评级：</b>该价差是在5月21日最新的VIX“尖峰”买入信号得到确认时买入的。如果VIX回到飙升模式，也就是说，如果它在三天或更短的时间内上涨至少3.00点（使用收盘价），它将被止损。</blockquote></p><p> <b>Long 1 KSU Jun (18th) 300 call:</b>Kansas City SouthernKSU,+0.81%has formally accepted the higher takeover bid from Canadian National RailwayCNI,+2.82%.CNI stock has dropped a little, but the deal is still worth $315. The deal is for $200 cash + 1.129 shares of CNI. Of course, there are regulatory delays. However, the spread in the deal widened and option prices fell, which seems like overkill. When the higher bid was first made on May 14, Canadian National was trading at 107 and now it’s at 104 – hardly much of a difference. We are going to hold and see if this spread can tighten somewhat. It is unclear whether or not Canadian Pacific RailwayCP,-1.10%– the other bidder – will come back with a superior offer. It seems like the option market is saying “no.”</p><p><blockquote><b>龙1 KSU 6月（18日）300看涨期权：</b>堪萨斯城南方KSU,+0.81%已正式接受加拿大国家铁路CNI,+2.82%的更高收购要约。CNI股价略有下跌，但该交易仍价值315美元。该交易的价格为200美元现金+1.129股CNI股票。当然，也存在监管延迟。然而，交易中的价差扩大，期权价格下跌，这似乎有些矫枉过正。当5月14日首次提出更高出价时，加拿大国民银行的交易价格为107美元，现在为104美元——差别不大。我们将持有，看看这种利差是否会有所收紧。目前尚不清楚另一个竞标者加拿大太平洋铁路CP(-1.10%)是否会提出更高的报价。期权市场似乎在说“不”。</blockquote></p><p></p>","source":"lsy1603348471595","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>Opinion: As the S&P 500 approaches its all-time high, brace for a violent move<blockquote>观点：随着标普500接近历史高点，做好暴力行动的准备</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\">\nOpinion: As the S&P 500 approaches its all-time high, brace for a violent move<blockquote>观点：随着标普500接近历史高点，做好暴力行动的准备</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">MarketWatch</strong><span class=\"h-time small\">2021-05-28 11:24</span>\n</p>\n</h4>\n</header>\n<article>\n<p>  <b>Here’s how to trade the stock market.</b>  The S&amp;P 500 index has been trading in a range between twice-tested support at 4060 and the all-time highs at 4238. As it nears the top of this range, a volatile move is likely to follow: Either it will break out to new all-time highs, which would certainly engender some strong follow-through buying, or it will fail at the top of the trading range and move lower to test the bottom of the range once again.</p><p><blockquote><b>以下是如何交易股市。</b>标普500指数一直在两次测试的支撑位4060点和历史高点4238点之间交易。随着它接近这个区间的顶部，很可能会出现波动性的走势：要么突破历史新高，这肯定会产生一些强劲的后续买入，要么在交易区间顶部失败，再次走低测试区间底部。</blockquote></p><p> Either move is likely to be swift.</p><p><blockquote>这两项举措都可能很快。</blockquote></p><p> Let’s review the indicators, and then we can judge what strategy to apply to this theory.</p><p><blockquote>让我们回顾一下指标，然后我们可以判断对这个理论应用什么策略。</blockquote></p><p> As noted, the S&amp;PSPX,+0.12%has resistance at 4238 (the all-time highs) and doubly-tested support at 4060. Below there, another support level exists at 4000, and then the support of last resort is at 3870.</p><p><blockquote>如上所述，S&amp;PSPX,+0.12%在4238点（历史高点）有阻力，在4060点有双重测试的支撑。在那里下方，另一个支撑位存在于4000，然后最后的支撑位在3870。</blockquote></p><p> A breakdown below 3870 would change things dramatically – turning the SPX decidedly bearish and most likely saying that we had entered a bear market. But that is far from current levels. In addition, the McMillan Volatility Band (MVB) sell signal is still in effect. Its target is the -4σ “modified Bollinger Band,” which is currently at 4020 and moving sideways.</p><p><blockquote>跌破3870点将会极大地改变事情——使SPX指数明显看跌，很可能表明我们已经进入熊市。但这与目前的水平相去甚远。此外，麦克米兰波动带（MVB）卖出信号仍然有效。其目标是-4 σ“修正布林线”，目前位于4020点并横盘整理。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/063db1fcc3f4bada6dffb863a8efe067\" tg-width=\"918\" tg-height=\"692\">Equity-only put-call ratios remain on sell signals, although heavy call buying seems to have begun again as SPX has approached its all-time highs. As long as these ratios are rising, the sell signals will remain in place. The computer programs that we use to analyze these charts agree that these ratios are still on sell signals.</p><p><blockquote>尽管随着SPX接近历史高点，看涨期权的大量买盘似乎再次开始，但仅股票的看跌看涨期权比率仍处于卖出信号。只要这些比率上升，卖出信号就会保持不变。我们用来分析这些图表的计算机程序一致认为，这些比率仍然是卖出信号。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/3a8a3cbd81ef0ad5dac523f49f6cf1fa\" tg-width=\"914\" tg-height=\"688\"><img src=\"https://static.tigerbbs.com/023ccbac0711da78c8a01d78d29a6be4\" tg-width=\"920\" tg-height=\"688\">LAWRENCE MCMILLAN</p><p><blockquote>劳伦斯·麦克米兰</blockquote></p><p> Breadth has been jumping back and forth. There were breadth buy signals issued in mid-May, but breadth was not as strong during the rally as one might have hoped for. As a result, these breadth oscillators – while still on buy signals – are susceptible to a quick reversal to sell signals if breadth should register two consecutive negative days.</p><p><blockquote>广度一直在来回跳跃。5月中旬发出了广度买入信号，但广度在反弹期间并没有人们希望的那么强劲。因此，如果宽度连续两天出现负值，这些宽度振荡器虽然仍处于买入信号，但很容易迅速逆转为卖出信号。</blockquote></p><p> On a more positive note, though, there has been some internal strength during this rally, and the cumulative breadth indicators are improving. In fact,<i>c</i>umulative volume breadth(CVB) just registered a new all-time high.</p><p><blockquote>不过，从更积极的方面来看，在这次反弹中出现了一些内部力量，累积宽度指标正在改善。事实上，<i>c</i>累计成交量宽度（CVB）刚刚创下历史新高。</blockquote></p><p> Subscribers may recall that this is one of the few predictive things we can garner from cumulative indicators, and it portends a new all-time high in SPX will follow. The track record of this lone indicator has been very strong, in that it hasn’t been wrong in the 21 years we’ve tracked it (to be fair, there were no signals between the one in the year 2000 and the next one in 2013).</p><p><blockquote>订阅者可能还记得，这是我们可以从累积指标中获得的少数预测性信息之一，它预示着SPX将创下历史新高。这个唯一指标的跟踪记录非常强劲，因为在我们跟踪它的21年里，它没有出错（公平地说，在2000年的一个指标和2013年的下一个指标之间没有任何信号）。</blockquote></p><p> New 52-week highs continue to outnumber new 52-week lows. That is bullish. However, the number of new highs is no longer expanding as it once was. Regardless, this will remain a positive indicator as long as new highs outpace new lows.</p><p><blockquote>52周新高继续超过52周新低。这是看涨的。然而，新高的数量不再像以前那样扩大。无论如何，只要新高超过新低，这仍将是一个积极的指标。</blockquote></p><p> Volatility continues to be an area of analysis that is bullish in its outlook for stocks. First, the VIX “spike peak” buy signal remains in effect. Second, the trend of VIXVIX,-3.57%is clearly lower once again. VIX is below both is 200-day and 20-day moving verages. This is a slight change, because there had been a small uptrend development; that is no longer the case.</p><p><blockquote>波动性仍然是看好股市前景的分析领域。首先，VIX“尖峰”买入信号仍然有效。二是VIXVIX，-3.57%的走势明显再次走低。VIX均低于200日和20日移动平均线。这是一个轻微的变化，因为有一个小的上升趋势发展；现在已经不是这样了。</blockquote></p><p> Finally, the construct of volatility derivatives remains positive in that the VIX futuresVX00,-4.61%are trading at premiums to VIX, and their term structure slopes upward. The Cboe Volatility Index term structure slopes upward as well.</p><p><blockquote>最后，波动性衍生品的结构仍然是积极的，因为VIX期货VX00,-4.61%的交易价格高于VIX，并且其期限结构向上倾斜。Cboe波动率指数期限结构也向上倾斜。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/743d070c528a592ae7b42c58058c8722\" tg-width=\"918\" tg-height=\"690\">In summary, SPX is still trading within a range, and so we are trading confirmed buy signals as well as sell signals. A breakout above 4238 (i.e., to new all-time highs) would certainly be very positive, but that is not guaranteed.</p><p><blockquote>总之，SPX仍在区间内交易，因此我们交易确认的买入信号和卖出信号。突破4238点（即达到历史新高）肯定是非常积极的，但这并不能保证。</blockquote></p><p> <b>New recommendation: SPY straddle buy</b></p><p><blockquote><b>新推荐：SPDR标普500指数ETF跨式买入</b></blockquote></p><p> For now, SPX is still within a trading range between 4060 and 4238. One way to trade a range is to sell (short) near the top of the range and go long near the bottom of the range, reversing your position if a breakout occurs in either direction. In line with that strategy, one would be buying puts now, with SPX near the top of the range.</p><p><blockquote>目前，SPX仍在4060至4238之间的交易区间内。交易区间的一种方法是在区间顶部附近卖出（做空），在区间底部附近做多，如果任一方向出现突破，则反转您的头寸。根据这一策略，人们现在应该买入看跌期权，因为SPX接近该区间的顶部。</blockquote></p><p> However, as we saw in the above analysis, there are currently both positive and negative indicators, with one of the stronger ones being the CVB buy signal. With that in mind, one would buy calls, looking for SPX to eventually break out to new highs. Throw in the fact that volatility (VIX) is near its lows, and straddle purchase seems to be the strategy to take advantage of all of these factors.</p><p><blockquote>然而，正如我们在上面的分析中看到的，目前既有积极的指标，也有消极的指标，其中较强的指标之一是CVB买入信号。考虑到这一点，人们会买入评级，期待SPX最终突破新高。再加上波动率（VIX）接近低点的事实，跨式购买似乎是利用所有这些因素的策略。</blockquote></p><p> <b>Buy 1 SPY July (16th) at-the-money call</b></p><p><blockquote><b>买1 SPDR标普500指数ETF 7月（16日）平价看涨期权</b></blockquote></p><p> <b>And buy 1 SPY July (16th) at-the-money put</b></p><p><blockquote><b>并买入1 SPDR标普500指数ETF 7月（16日）平价看跌期权</b></blockquote></p><p></p><p> Currently that at-the-money straddle costs about 17 points, or $1,700. It would make money, then, if SPY rose 17 points above the striking price or fell 17 points below.</p><p><blockquote>目前，平价跨式期权的成本约为17点，即1,700美元。那么，如果SPDR标普500指数ETF股价比执行价格上涨17点或下跌17点，它就会赚钱。</blockquote></p><p> <b>New recommendation: Cerner</b></p><p><blockquote><b>新推荐：Cerner</b></blockquote></p><p> Vague takeover rumors have sprung up in CernerCERN,-0.94%over the past two days. Option volume is running about triple is usually pace over that time. Stock volume patterns are quite strong, and there is support for the stock in the 76-77 area.</p><p><blockquote>CernerCERN出现了模糊的收购传闻，过去两天股价为-0.94%。在此期间，期权交易量通常会增加三倍。股票成交量模式相当强劲，该股在76-77区域有支撑。</blockquote></p><p> <b>Buy 4 CERN June (18th) 80 calls</b></p><p><blockquote><b>购买4 CERN 6月（18日）80评级</b></blockquote></p><p> <b>At a price of 2.00 or less.</b></p><p><blockquote><b>价格为2.00或更低。</b></blockquote></p><p> CERN: 79.03 June (18th) 80 call: 1.95 offered</p><p><blockquote>CERN：79.03 6月（18日）80看涨期权：1.95已提供</blockquote></p><p> <img src=\"https://static.tigerbbs.com/b6a28e858373b8acdc61ba05fbec2f2b\" tg-width=\"912\" tg-height=\"694\"><b>Follow-up action</b></p><p><blockquote><b>后续行动</b></blockquote></p><p> <b><i>All stops are mental closing stops unless otherwise noted.</i></b></p><p><blockquote><b><i>除非另有说明，所有停止都是精神关闭停止。</i></b></blockquote></p><p> <b>Long 8 FXY Jun (18th) 87 calls:</b>Sell these calls now, since the put-call ratio buy signal is no longer in place.</p><p><blockquote><b>龙8 FXY 6月（18日）87评级：</b>现在卖出这些评级，因为看跌-看涨期权比率买入信号不再到位。</blockquote></p><p> <b>Long 2 SPY June (11th) 410 puts and short 2 SPY June (11th) 385 puts:</b>This trade was taken because of the MVB sell signal that occurred, when SPX traded down through 4105 on May 12. It would be stopped out by SPX once again closing above the +4σ Band. Effectively, at this point we are holding without a stop. It would reach its profit target if SPX trades at the -4σ Band. Right now, the lower Band is at about 4020 and moving sideways. Sell half of this position if SPX trades at 4000 at any time.</p><p><blockquote><b>多头2 SPDR标普500指数ETF 6月（11日）410看跌期权空头2 SPDR标普500指数ETF 6月（11日）385看跌期权：</b>进行这笔交易是因为5月12日SPX下跌至4105点时出现了MVB卖出信号。它将被SPX再次收于+4 σ波段上方止损。实际上，在这一点上，我们没有停止。如果SPX交易在-4 σ区间，它将达到利润目标。目前，较低的波段在4020点左右，正在横盘整理。如果SPX在任何时候交易于4000点，则卖出该头寸的一半。</blockquote></p><p> <b>Long 1 expiring SPY May (28th) 416 put and short 1 SPY May (28th) 396 put:</b>This recommendation is based on the equity-only put-call ratio sell signal that is in place. We will hold this recommendation as long as the equity-only put-call ratios are on sell signals. Hence, we will be updating the status weekly. Since the spread is expiring, sell the current spread and replace it with the following:</p><p><blockquote><b>多头1到期SPDR标普500指数ETF 5月（28日）416看跌空头1 SPDR标普500指数ETF 5月（28日）396看跌：</b>该建议基于现有的纯股票看跌看涨期权比率卖出信号。只要仅股票的看跌看涨期权比率处于卖出信号，我们就将持有这一建议。因此，我们将每周更新状态。由于价差即将到期，请出售当前价差并将其替换为以下内容：</blockquote></p><p> <b>Buy 1 SPY June (18th) at-the-money put</b></p><p><blockquote><b>买入1 SPDR标普500指数ETF 6月（18日）平价看跌期权</b></blockquote></p><p> <b>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; And sell 1 SPY June (18th) put with a striking price 20 points lower.</b></p><p><blockquote><b>并以下跌20点的价格卖出1 SPDR标普500指数ETF 6月（18日）看跌期权。</b></blockquote></p><p> For now, hold without a stop. Roll the position down, 20 strikes on each side, if SPY<i>trades</i>at the lower strike at any time.</p><p><blockquote>现在，不要停下来。向下滚动位置，每边20击，如果SPDR标普500指数ETF<i>贸易</i>随时在较低的罢工。</blockquote></p><p> <b>Long 3 DUK June (18th) 100 calls:</b>Hold without a stop while we wait for the activist investor to produce a positive result.</p><p><blockquote><b>龙3德6月（18日）100评级：</b>在我们等待激进投资者产生积极结果时，不要停止持有。</blockquote></p><p> <b>Long 2 SPY June (18th) 415 calls and short 2 SPY June (18th) 428 calls:</b>This spread was bought when the most recent VIX “spike peak” buy signal was confirmed on May 21. It would be stopped out if VIX were to return to spiking mode – that is, if it rose at least 3.00 points over any period of three days or less (using closing prices).</p><p><blockquote><b>多2 SPDR标普500指数ETF 6月（18日）415评级空2 SPDR标普500指数ETF 6月（18日）428评级：</b>该价差是在5月21日最新的VIX“尖峰”买入信号得到确认时买入的。如果VIX回到飙升模式，也就是说，如果它在三天或更短的时间内上涨至少3.00点（使用收盘价），它将被止损。</blockquote></p><p> <b>Long 1 KSU Jun (18th) 300 call:</b>Kansas City SouthernKSU,+0.81%has formally accepted the higher takeover bid from Canadian National RailwayCNI,+2.82%.CNI stock has dropped a little, but the deal is still worth $315. The deal is for $200 cash + 1.129 shares of CNI. Of course, there are regulatory delays. However, the spread in the deal widened and option prices fell, which seems like overkill. When the higher bid was first made on May 14, Canadian National was trading at 107 and now it’s at 104 – hardly much of a difference. We are going to hold and see if this spread can tighten somewhat. It is unclear whether or not Canadian Pacific RailwayCP,-1.10%– the other bidder – will come back with a superior offer. It seems like the option market is saying “no.”</p><p><blockquote><b>龙1 KSU 6月（18日）300看涨期权：</b>堪萨斯城南方KSU,+0.81%已正式接受加拿大国家铁路CNI,+2.82%的更高收购要约。CNI股价略有下跌，但该交易仍价值315美元。该交易的价格为200美元现金+1.129股CNI股票。当然，也存在监管延迟。然而，交易中的价差扩大，期权价格下跌，这似乎有些矫枉过正。当5月14日首次提出更高出价时，加拿大国民银行的交易价格为107美元，现在为104美元——差别不大。我们将持有，看看这种利差是否会有所收紧。目前尚不清楚另一个竞标者加拿大太平洋铁路CP(-1.10%)是否会提出更高的报价。期权市场似乎在说“不”。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.marketwatch.com/story/as-the-s-p-500-approaches-its-all-time-high-brace-for-a-violent-move-01622125439\">MarketWatch</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index","SPY":"标普500ETF",".DJI":"道琼斯"},"source_url":"https://www.marketwatch.com/story/as-the-s-p-500-approaches-its-all-time-high-brace-for-a-violent-move-01622125439","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1181071519","content_text":"Here’s how to trade the stock market.\n\nThe S&P 500 index has been trading in a range between twice-tested support at 4060 and the all-time highs at 4238. As it nears the top of this range, a volatile move is likely to follow: Either it will break out to new all-time highs, which would certainly engender some strong follow-through buying, or it will fail at the top of the trading range and move lower to test the bottom of the range once again.\nEither move is likely to be swift.\nLet’s review the indicators, and then we can judge what strategy to apply to this theory.\nAs noted, the S&PSPX,+0.12%has resistance at 4238 (the all-time highs) and doubly-tested support at 4060. Below there, another support level exists at 4000, and then the support of last resort is at 3870.\nA breakdown below 3870 would change things dramatically – turning the SPX decidedly bearish and most likely saying that we had entered a bear market. But that is far from current levels. In addition, the McMillan Volatility Band (MVB) sell signal is still in effect. Its target is the -4σ “modified Bollinger Band,” which is currently at 4020 and moving sideways.\nEquity-only put-call ratios remain on sell signals, although heavy call buying seems to have begun again as SPX has approached its all-time highs. As long as these ratios are rising, the sell signals will remain in place. The computer programs that we use to analyze these charts agree that these ratios are still on sell signals.\nLAWRENCE MCMILLAN\nBreadth has been jumping back and forth. There were breadth buy signals issued in mid-May, but breadth was not as strong during the rally as one might have hoped for. As a result, these breadth oscillators – while still on buy signals – are susceptible to a quick reversal to sell signals if breadth should register two consecutive negative days.\nOn a more positive note, though, there has been some internal strength during this rally, and the cumulative breadth indicators are improving. In fact,cumulative volume breadth(CVB) just registered a new all-time high.\nSubscribers may recall that this is one of the few predictive things we can garner from cumulative indicators, and it portends a new all-time high in SPX will follow. The track record of this lone indicator has been very strong, in that it hasn’t been wrong in the 21 years we’ve tracked it (to be fair, there were no signals between the one in the year 2000 and the next one in 2013).\nNew 52-week highs continue to outnumber new 52-week lows. That is bullish. However, the number of new highs is no longer expanding as it once was. Regardless, this will remain a positive indicator as long as new highs outpace new lows.\nVolatility continues to be an area of analysis that is bullish in its outlook for stocks. First, the VIX “spike peak” buy signal remains in effect. Second, the trend of VIXVIX,-3.57%is clearly lower once again. VIX is below both is 200-day and 20-day moving verages. This is a slight change, because there had been a small uptrend development; that is no longer the case.\nFinally, the construct of volatility derivatives remains positive in that the VIX futuresVX00,-4.61%are trading at premiums to VIX, and their term structure slopes upward. The Cboe Volatility Index term structure slopes upward as well.\nIn summary, SPX is still trading within a range, and so we are trading confirmed buy signals as well as sell signals. A breakout above 4238 (i.e., to new all-time highs) would certainly be very positive, but that is not guaranteed.\nNew recommendation: SPY straddle buy\nFor now, SPX is still within a trading range between 4060 and 4238. One way to trade a range is to sell (short) near the top of the range and go long near the bottom of the range, reversing your position if a breakout occurs in either direction. In line with that strategy, one would be buying puts now, with SPX near the top of the range.\nHowever, as we saw in the above analysis, there are currently both positive and negative indicators, with one of the stronger ones being the CVB buy signal. With that in mind, one would buy calls, looking for SPX to eventually break out to new highs. Throw in the fact that volatility (VIX) is near its lows, and straddle purchase seems to be the strategy to take advantage of all of these factors.\nBuy 1 SPY July (16th) at-the-money call\nAnd buy 1 SPY July (16th) at-the-money put\nCurrently that at-the-money straddle costs about 17 points, or $1,700. It would make money, then, if SPY rose 17 points above the striking price or fell 17 points below.\nNew recommendation: Cerner\nVague takeover rumors have sprung up in CernerCERN,-0.94%over the past two days. Option volume is running about triple is usually pace over that time. Stock volume patterns are quite strong, and there is support for the stock in the 76-77 area.\nBuy 4 CERN June (18th) 80 calls\nAt a price of 2.00 or less.\nCERN: 79.03 June (18th) 80 call: 1.95 offered\nFollow-up action\nAll stops are mental closing stops unless otherwise noted.\nLong 8 FXY Jun (18th) 87 calls:Sell these calls now, since the put-call ratio buy signal is no longer in place.\nLong 2 SPY June (11th) 410 puts and short 2 SPY June (11th) 385 puts:This trade was taken because of the MVB sell signal that occurred, when SPX traded down through 4105 on May 12. It would be stopped out by SPX once again closing above the +4σ Band. Effectively, at this point we are holding without a stop. It would reach its profit target if SPX trades at the -4σ Band. Right now, the lower Band is at about 4020 and moving sideways. Sell half of this position if SPX trades at 4000 at any time.\nLong 1 expiring SPY May (28th) 416 put and short 1 SPY May (28th) 396 put:This recommendation is based on the equity-only put-call ratio sell signal that is in place. We will hold this recommendation as long as the equity-only put-call ratios are on sell signals. Hence, we will be updating the status weekly. Since the spread is expiring, sell the current spread and replace it with the following:\nBuy 1 SPY June (18th) at-the-money put\n            And sell 1 SPY June (18th) put with a striking price 20 points lower.\nFor now, hold without a stop. Roll the position down, 20 strikes on each side, if SPYtradesat the lower strike at any time.\nLong 3 DUK June (18th) 100 calls:Hold without a stop while we wait for the activist investor to produce a positive result.\nLong 2 SPY June (18th) 415 calls and short 2 SPY June (18th) 428 calls:This spread was bought when the most recent VIX “spike peak” buy signal was confirmed on May 21. It would be stopped out if VIX were to return to spiking mode – that is, if it rose at least 3.00 points over any period of three days or less (using closing prices).\nLong 1 KSU Jun (18th) 300 call:Kansas City SouthernKSU,+0.81%has formally accepted the higher takeover bid from Canadian National RailwayCNI,+2.82%.CNI stock has dropped a little, but the deal is still worth $315. The deal is for $200 cash + 1.129 shares of CNI. Of course, there are regulatory delays. However, the spread in the deal widened and option prices fell, which seems like overkill. When the higher bid was first made on May 14, Canadian National was trading at 107 and now it’s at 104 – hardly much of a difference. We are going to hold and see if this spread can tighten somewhat. It is unclear whether or not Canadian Pacific RailwayCP,-1.10%– the other bidder – will come back with a superior offer. It seems like the option market is saying “no.”","news_type":1,"symbols_score_info":{".IXIC":0.9,"SPY":0.9,".DJI":0.9,".SPX":0.9}},"isVote":1,"tweetType":1,"viewCount":416,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":834569451,"gmtCreate":1629813852573,"gmtModify":1633682257293,"author":{"id":"3574925827192931","authorId":"3574925827192931","name":"JoshyQ","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3574925827192931","idStr":"3574925827192931"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/834569451","repostId":"1152029674","repostType":4,"repost":{"id":"1152029674","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":1629813680,"share":"https://www.laohu8.com/m/news/1152029674?lang=zh_CN&edition=full","pubTime":"2021-08-24 22:01","market":"us","language":"en","title":"US airline and cruise shares surged in morning trading<blockquote>美国航空公司和邮轮股价早盘飙升</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1152029674","media":"Tiger Newspress","summary":"US airline and cruise shares surged in morning trading.Southwest Airlines,Delta Air,United Airlines ","content":"<p>US airline and cruise shares surged in morning trading.Southwest Airlines,Delta Air,United Airlines&nbsp;and&nbsp;American airlines&nbsp;climbed about&nbsp;4%.</p><p><blockquote>美国航空公司和邮轮股价早盘飙升。西南航空、达美航空、联合航空和美国航空上涨约4%。</blockquote></p><p> Shares of cruise operators Norwegian Cruise Line,Carnival Corp and Royal Caribbean Cruises Ltd&nbsp;climbed about&nbsp;4%.</p><p><blockquote>邮轮运营商挪威邮轮公司、嘉年华公司和皇家加勒比邮轮有限公司的股价上涨约4%。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/d9af0f0bfc734c4d5de10829b6743aaf\" tg-width=\"363\" tg-height=\"481\" width=\"100%\" height=\"auto\"><img src=\"https://static.tigerbbs.com/46e6f42e4a946837ee9d8d9a3e02bddc\" tg-width=\"363\" tg-height=\"176\" width=\"100%\" height=\"auto\"></p><p><blockquote></blockquote></p><p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>US airline and cruise shares surged in morning trading<blockquote>美国航空公司和邮轮股价早盘飙升</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nUS airline and cruise shares surged in morning trading<blockquote>美国航空公司和邮轮股价早盘飙升</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\">2021-08-24 22:01</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>US airline and cruise shares surged in morning trading.Southwest Airlines,Delta Air,United Airlines&nbsp;and&nbsp;American airlines&nbsp;climbed about&nbsp;4%.</p><p><blockquote>美国航空公司和邮轮股价早盘飙升。西南航空、达美航空、联合航空和美国航空上涨约4%。</blockquote></p><p> Shares of cruise operators Norwegian Cruise Line,Carnival Corp and Royal Caribbean Cruises Ltd&nbsp;climbed about&nbsp;4%.</p><p><blockquote>邮轮运营商挪威邮轮公司、嘉年华公司和皇家加勒比邮轮有限公司的股价上涨约4%。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/d9af0f0bfc734c4d5de10829b6743aaf\" tg-width=\"363\" tg-height=\"481\" width=\"100%\" height=\"auto\"><img src=\"https://static.tigerbbs.com/46e6f42e4a946837ee9d8d9a3e02bddc\" tg-width=\"363\" tg-height=\"176\" width=\"100%\" height=\"auto\"></p><p><blockquote></blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"DAL":"达美航空","AAL":"美国航空","LUV":"西南航空","UAL":"联合大陆航空"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1152029674","content_text":"US airline and cruise shares surged in morning trading.Southwest Airlines,Delta Air,United Airlines and American airlines climbed about 4%.\nShares of cruise operators Norwegian Cruise Line,Carnival Corp and Royal Caribbean Cruises Ltd climbed about 4%.","news_type":1,"symbols_score_info":{"UAL":0.9,"AAL":0.9,"DAL":0.9,"LUV":0.9}},"isVote":1,"tweetType":1,"viewCount":1265,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":835426400,"gmtCreate":1629733545000,"gmtModify":1633682828145,"author":{"id":"3574925827192931","authorId":"3574925827192931","name":"JoshyQ","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3574925827192931","idStr":"3574925827192931"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":9,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/835426400","repostId":"2161747692","repostType":4,"isVote":1,"tweetType":1,"viewCount":2991,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":174498822,"gmtCreate":1627120795766,"gmtModify":1633767793182,"author":{"id":"3574925827192931","authorId":"3574925827192931","name":"JoshyQ","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3574925827192931","idStr":"3574925827192931"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/174498822","repostId":"1191636755","repostType":4,"repost":{"id":"1191636755","kind":"news","pubTimestamp":1627084309,"share":"https://www.laohu8.com/m/news/1191636755?lang=zh_CN&edition=full","pubTime":"2021-07-24 07:51","market":"us","language":"en","title":"Tesla Earnings Are Coming. Here’s the One Number That Matters.<blockquote>特斯拉财报即将发布。这是一个重要的数字。</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1191636755","media":"Barrons","summary":"Tesla’s second-quarter earnings are just around the corner, and investors should gear up for a likel","content":"<p>Tesla’s second-quarter earnings are just around the corner, and investors should gear up for a likely very complicated report.</p><p><blockquote>特斯拉第二季度财报即将公布，投资者应该为一份可能非常复杂的报告做好准备。</blockquote></p><p> There are a lot of moving parts, even more than usual for the world’s most valuable car company and its iconoclast CEO Elon Musk. Figuring out if the stock will go up or down, however, shouldn’t be all that difficult.</p><p><blockquote>对于这家世界上最有价值的汽车公司及其打破传统的首席执行官埃隆·马斯克来说，有很多活动部件，甚至比平时还要多。然而，弄清楚股票是上涨还是下跌应该并不那么困难。</blockquote></p><p> The EV pioneer will report after the close of trading on Monday,July 26. Wall Street is looking for&nbsp;Tesla to report about 94 cents in per-share earnings from $11.5 billion in sales, according to FactSet. Beating analyst estimates is important, almost required, for any stock to remain stable in post-earnings trading. That’s true for Tesla as well.</p><p><blockquote>这家电动汽车先驱将于7月26日星期一收盘后发布报告。FactSet的数据显示，华尔街预计特斯拉的销售额为115亿美元，每股收益约为94美分。对于任何股票在财报后交易中保持稳定来说，超出分析师预期非常重要，几乎是必需的。特斯拉也是如此。</blockquote></p><p> There are plenty of factors that will contribute to bottom-line earnings—the global&nbsp;semiconductor&nbsp;shortage,vehicle pricing, vehicle gross profit margins, and the level of profitability in Tesla’s battery storage business. In the end, however, investors will want to see a record in operating profits—no matter how it happens. That’s what could break shares out of their recent range.</p><p><blockquote>有很多因素将影响底线收益——全球半导体短缺、汽车定价、汽车毛利率以及特斯拉电池存储业务的盈利水平。然而，最终，投资者将希望看到营业利润创纪录——无论它如何发生。这可能会使股价突破近期区间。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/eb9cfd5cbe6d36d06167f82af45447d1\" tg-width=\"869\" tg-height=\"580\" width=\"100%\" height=\"auto\"></p><p><blockquote></blockquote></p><p> Tesla reported more than $800 million in operating profits in the 2020 third quarter, and the stock more than doubled to around $860 in the three-month span that followed. But since operating profit growth largely paused in the subsequent quarters, shares have traded down from roughly $860 to around $640 recently. Profit stagnation has meant stock stagnation, too.</p><p><blockquote>特斯拉公布2020年第三季度营业利润超过8亿美元，该股在随后的三个月内上涨了一倍多，达到860美元左右。但由于随后几个季度营业利润增长基本暂停，股价最近已从约860美元跌至约640美元。利润停滞也意味着股票停滞。</blockquote></p><p> The good news for Tesla bulls is Wall Street is projecting a fresh record: Operating profit is expected to be $835 million for the second quarter, driven by strong deliveries. The 2021 second quarter marked the first time Tesla delivered&nbsp;more than 200,000&nbsp;vehicles in a single quarter.</p><p><blockquote>对于特斯拉多头来说，好消息是华尔街预计将创下新纪录：在强劲交付的推动下，第二季度营业利润预计为8.35亿美元。2021年第二季度是特斯拉单季度交付量首次超过20万辆。</blockquote></p><p> After earnings are digested, there should be endless arguments among bulls and bears about the quality of earnings. For instance, one way Tesla generates sales is by selling regulatory credits—which it earns by producing more than its fair share of electric vehicles. The company generated $518 million in first-quarter credit sales, which helped Tesla&nbsp;beat earnings&nbsp;estimates. There is always debate about what is the “normal” amount of credit sales and when will those sales dry up. Eventually, both the bulls and bears expect other auto makers to sell their own EVs, cutting off that source of revenue for Tesla.</p><p><blockquote>在盈利被消化后，多头和空头之间应该会对盈利质量争论不休。例如，特斯拉创造销售的一种方式是出售监管信用——它通过生产超过其公平份额的电动汽车来赚取监管信用。该公司第一季度信贷销售额为5.18亿美元，这帮助特斯拉超出了盈利预期。关于什么是“正常”的信贷销售金额以及这些销售何时会枯竭，一直存在争议。最终，多头和空头都预计其他汽车制造商将销售自己的电动汽车，从而切断特斯拉的收入来源。</blockquote></p><p> There is also the issue&nbsp;of Bitcoin. Tesla recognized a small gain on its Bitcoin holdings in the first quarter, but the cryptocurrency’s prices have fallen by roughly half since their April peak. That means there is a chance of a small loss. How investors react is anyone’s guess, but don’t expect Tesla to sell out of its Bitcoin position. Musk continues to indicate his company will transact in the cryptocurrency when Bitcoin mining uses more sustainable power.</p><p><blockquote>还有比特币的问题。特斯拉第一季度比特币持有量小幅增长，但该加密货币的价格自4月份的峰值以来已下跌约一半。这意味着有可能会有一点损失。投资者的反应谁也说不准，但不要指望特斯拉会抛售其比特币头寸。马斯克继续表示，当比特币矿业使用更可持续的电力时，他的公司将以加密货币进行交易。</blockquote></p><p> Investors will also want to know when Tesla’s new Germany plant and Austin, Texas facility will start delivering cars. The Austin plant will build Tesla’s&nbsp;Cybertruck. There will also likely be questions about advances in Tesla’s driver-assistance functions—the company recently started selling its driver-assistance software&nbsp;as a subscription—and how much money the company could make from its charging network. Musk tweeted this week Tesla would open its&nbsp;charging network&nbsp;to other EVs down the road.</p><p><blockquote>投资者还想知道特斯拉的新德国工厂和德克萨斯奥斯丁工厂何时开始交付汽车。奥斯丁工厂将生产特斯拉的Cybertruck。人们还可能会对特斯拉驾驶辅助功能的进步产生疑问——该公司最近开始以订阅形式销售其驾驶辅助软件——以及该公司可以从其充电网络中赚多少钱。马斯克本周在推特上表示，特斯拉将向其他电动汽车开放其充电网络。</blockquote></p><p> All those topics and more should come up on the earningsconference callscheduled for 5:30 p.m. ET on Monday. Year to date, Tesla stock is down roughly 9%, trailing behind comparable 17% and 15% respective gains of theS&amp;P 500andDow Jones Industrial Average.Still, Tesla shares have had a strong run, up about 112% over the past 12 months.</p><p><blockquote>所有这些话题以及更多话题都应该出现在定于下午5:30举行的财报电话会议上。美国东部时间周一。今年迄今为止，特斯拉股价已下跌约9%，落后于标准普尔500指数和道琼斯工业平均指数分别17%和15%的涨幅。尽管如此，特斯拉股价仍表现强劲，在过去12个月内上涨了约112%。</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>Tesla Earnings Are Coming. Here’s the One Number That Matters.<blockquote>特斯拉财报即将发布。这是一个重要的数字。</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\">\nTesla Earnings Are Coming. Here’s the One Number That Matters.<blockquote>特斯拉财报即将发布。这是一个重要的数字。</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Barrons</strong><span class=\"h-time small\">2021-07-24 07:51</span>\n</p>\n</h4>\n</header>\n<article>\n<p>Tesla’s second-quarter earnings are just around the corner, and investors should gear up for a likely very complicated report.</p><p><blockquote>特斯拉第二季度财报即将公布，投资者应该为一份可能非常复杂的报告做好准备。</blockquote></p><p> There are a lot of moving parts, even more than usual for the world’s most valuable car company and its iconoclast CEO Elon Musk. Figuring out if the stock will go up or down, however, shouldn’t be all that difficult.</p><p><blockquote>对于这家世界上最有价值的汽车公司及其打破传统的首席执行官埃隆·马斯克来说，有很多活动部件，甚至比平时还要多。然而，弄清楚股票是上涨还是下跌应该并不那么困难。</blockquote></p><p> The EV pioneer will report after the close of trading on Monday,July 26. Wall Street is looking for&nbsp;Tesla to report about 94 cents in per-share earnings from $11.5 billion in sales, according to FactSet. Beating analyst estimates is important, almost required, for any stock to remain stable in post-earnings trading. That’s true for Tesla as well.</p><p><blockquote>这家电动汽车先驱将于7月26日星期一收盘后发布报告。FactSet的数据显示，华尔街预计特斯拉的销售额为115亿美元，每股收益约为94美分。对于任何股票在财报后交易中保持稳定来说，超出分析师预期非常重要，几乎是必需的。特斯拉也是如此。</blockquote></p><p> There are plenty of factors that will contribute to bottom-line earnings—the global&nbsp;semiconductor&nbsp;shortage,vehicle pricing, vehicle gross profit margins, and the level of profitability in Tesla’s battery storage business. In the end, however, investors will want to see a record in operating profits—no matter how it happens. That’s what could break shares out of their recent range.</p><p><blockquote>有很多因素将影响底线收益——全球半导体短缺、汽车定价、汽车毛利率以及特斯拉电池存储业务的盈利水平。然而，最终，投资者将希望看到营业利润创纪录——无论它如何发生。这可能会使股价突破近期区间。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/eb9cfd5cbe6d36d06167f82af45447d1\" tg-width=\"869\" tg-height=\"580\" width=\"100%\" height=\"auto\"></p><p><blockquote></blockquote></p><p> Tesla reported more than $800 million in operating profits in the 2020 third quarter, and the stock more than doubled to around $860 in the three-month span that followed. But since operating profit growth largely paused in the subsequent quarters, shares have traded down from roughly $860 to around $640 recently. Profit stagnation has meant stock stagnation, too.</p><p><blockquote>特斯拉公布2020年第三季度营业利润超过8亿美元，该股在随后的三个月内上涨了一倍多，达到860美元左右。但由于随后几个季度营业利润增长基本暂停，股价最近已从约860美元跌至约640美元。利润停滞也意味着股票停滞。</blockquote></p><p> The good news for Tesla bulls is Wall Street is projecting a fresh record: Operating profit is expected to be $835 million for the second quarter, driven by strong deliveries. The 2021 second quarter marked the first time Tesla delivered&nbsp;more than 200,000&nbsp;vehicles in a single quarter.</p><p><blockquote>对于特斯拉多头来说，好消息是华尔街预计将创下新纪录：在强劲交付的推动下，第二季度营业利润预计为8.35亿美元。2021年第二季度是特斯拉单季度交付量首次超过20万辆。</blockquote></p><p> After earnings are digested, there should be endless arguments among bulls and bears about the quality of earnings. For instance, one way Tesla generates sales is by selling regulatory credits—which it earns by producing more than its fair share of electric vehicles. The company generated $518 million in first-quarter credit sales, which helped Tesla&nbsp;beat earnings&nbsp;estimates. There is always debate about what is the “normal” amount of credit sales and when will those sales dry up. Eventually, both the bulls and bears expect other auto makers to sell their own EVs, cutting off that source of revenue for Tesla.</p><p><blockquote>在盈利被消化后，多头和空头之间应该会对盈利质量争论不休。例如，特斯拉创造销售的一种方式是出售监管信用——它通过生产超过其公平份额的电动汽车来赚取监管信用。该公司第一季度信贷销售额为5.18亿美元，这帮助特斯拉超出了盈利预期。关于什么是“正常”的信贷销售金额以及这些销售何时会枯竭，一直存在争议。最终，多头和空头都预计其他汽车制造商将销售自己的电动汽车，从而切断特斯拉的收入来源。</blockquote></p><p> There is also the issue&nbsp;of Bitcoin. Tesla recognized a small gain on its Bitcoin holdings in the first quarter, but the cryptocurrency’s prices have fallen by roughly half since their April peak. That means there is a chance of a small loss. How investors react is anyone’s guess, but don’t expect Tesla to sell out of its Bitcoin position. Musk continues to indicate his company will transact in the cryptocurrency when Bitcoin mining uses more sustainable power.</p><p><blockquote>还有比特币的问题。特斯拉第一季度比特币持有量小幅增长，但该加密货币的价格自4月份的峰值以来已下跌约一半。这意味着有可能会有一点损失。投资者的反应谁也说不准，但不要指望特斯拉会抛售其比特币头寸。马斯克继续表示，当比特币矿业使用更可持续的电力时，他的公司将以加密货币进行交易。</blockquote></p><p> Investors will also want to know when Tesla’s new Germany plant and Austin, Texas facility will start delivering cars. The Austin plant will build Tesla’s&nbsp;Cybertruck. There will also likely be questions about advances in Tesla’s driver-assistance functions—the company recently started selling its driver-assistance software&nbsp;as a subscription—and how much money the company could make from its charging network. Musk tweeted this week Tesla would open its&nbsp;charging network&nbsp;to other EVs down the road.</p><p><blockquote>投资者还想知道特斯拉的新德国工厂和德克萨斯奥斯丁工厂何时开始交付汽车。奥斯丁工厂将生产特斯拉的Cybertruck。人们还可能会对特斯拉驾驶辅助功能的进步产生疑问——该公司最近开始以订阅形式销售其驾驶辅助软件——以及该公司可以从其充电网络中赚多少钱。马斯克本周在推特上表示，特斯拉将向其他电动汽车开放其充电网络。</blockquote></p><p> All those topics and more should come up on the earningsconference callscheduled for 5:30 p.m. ET on Monday. Year to date, Tesla stock is down roughly 9%, trailing behind comparable 17% and 15% respective gains of theS&amp;P 500andDow Jones Industrial Average.Still, Tesla shares have had a strong run, up about 112% over the past 12 months.</p><p><blockquote>所有这些话题以及更多话题都应该出现在定于下午5:30举行的财报电话会议上。美国东部时间周一。今年迄今为止，特斯拉股价已下跌约9%，落后于标准普尔500指数和道琼斯工业平均指数分别17%和15%的涨幅。尽管如此，特斯拉股价仍表现强劲，在过去12个月内上涨了约112%。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.barrons.com/articles/tesla-stock-earnings-preview-51627061822?mod=hp_DAY_Theme_2_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":{"TSLA":"特斯拉"},"source_url":"https://www.barrons.com/articles/tesla-stock-earnings-preview-51627061822?mod=hp_DAY_Theme_2_1","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1191636755","content_text":"Tesla’s second-quarter earnings are just around the corner, and investors should gear up for a likely very complicated report.\nThere are a lot of moving parts, even more than usual for the world’s most valuable car company and its iconoclast CEO Elon Musk. Figuring out if the stock will go up or down, however, shouldn’t be all that difficult.\nThe EV pioneer will report after the close of trading on Monday,July 26. Wall Street is looking for Tesla to report about 94 cents in per-share earnings from $11.5 billion in sales, according to FactSet. Beating analyst estimates is important, almost required, for any stock to remain stable in post-earnings trading. That’s true for Tesla as well.\nThere are plenty of factors that will contribute to bottom-line earnings—the global semiconductor shortage,vehicle pricing, vehicle gross profit margins, and the level of profitability in Tesla’s battery storage business. In the end, however, investors will want to see a record in operating profits—no matter how it happens. That’s what could break shares out of their recent range.\n\nTesla reported more than $800 million in operating profits in the 2020 third quarter, and the stock more than doubled to around $860 in the three-month span that followed. But since operating profit growth largely paused in the subsequent quarters, shares have traded down from roughly $860 to around $640 recently. Profit stagnation has meant stock stagnation, too.\nThe good news for Tesla bulls is Wall Street is projecting a fresh record: Operating profit is expected to be $835 million for the second quarter, driven by strong deliveries. The 2021 second quarter marked the first time Tesla delivered more than 200,000 vehicles in a single quarter.\nAfter earnings are digested, there should be endless arguments among bulls and bears about the quality of earnings. For instance, one way Tesla generates sales is by selling regulatory credits—which it earns by producing more than its fair share of electric vehicles. The company generated $518 million in first-quarter credit sales, which helped Tesla beat earnings estimates. There is always debate about what is the “normal” amount of credit sales and when will those sales dry up. Eventually, both the bulls and bears expect other auto makers to sell their own EVs, cutting off that source of revenue for Tesla.\nThere is also the issue of Bitcoin. Tesla recognized a small gain on its Bitcoin holdings in the first quarter, but the cryptocurrency’s prices have fallen by roughly half since their April peak. That means there is a chance of a small loss. How investors react is anyone’s guess, but don’t expect Tesla to sell out of its Bitcoin position. Musk continues to indicate his company will transact in the cryptocurrency when Bitcoin mining uses more sustainable power.\nInvestors will also want to know when Tesla’s new Germany plant and Austin, Texas facility will start delivering cars. The Austin plant will build Tesla’s Cybertruck. There will also likely be questions about advances in Tesla’s driver-assistance functions—the company recently started selling its driver-assistance software as a subscription—and how much money the company could make from its charging network. Musk tweeted this week Tesla would open its charging network to other EVs down the road.\nAll those topics and more should come up on the earningsconference callscheduled for 5:30 p.m. ET on Monday. Year to date, Tesla stock is down roughly 9%, trailing behind comparable 17% and 15% respective gains of theS&P 500andDow Jones Industrial Average.Still, Tesla shares have had a strong run, up about 112% over the past 12 months.","news_type":1,"symbols_score_info":{"TSLA":0.9}},"isVote":1,"tweetType":1,"viewCount":199,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":120232041,"gmtCreate":1624324212083,"gmtModify":1634007821586,"author":{"id":"3574925827192931","authorId":"3574925827192931","name":"JoshyQ","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3574925827192931","idStr":"3574925827192931"},"themes":[],"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/120232041","repostId":"1191349655","repostType":4,"isVote":1,"tweetType":1,"viewCount":320,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":807191194,"gmtCreate":1628004107018,"gmtModify":1633754451122,"author":{"id":"3574925827192931","authorId":"3574925827192931","name":"JoshyQ","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3574925827192931","idStr":"3574925827192931"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/807191194","repostId":"1173044069","repostType":4,"repost":{"id":"1173044069","kind":"news","pubTimestamp":1628003772,"share":"https://www.laohu8.com/m/news/1173044069?lang=zh_CN&edition=full","pubTime":"2021-08-03 23:16","market":"us","language":"en","title":"Pentagon on lockdown after gunshots fired near Metro<blockquote>地铁附近发生枪击事件后五角大楼处于封锁状态</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1173044069","media":"AP News","summary":"(Aug 3) The Pentagon was on lockdown Tuesday morning after multiple gunshots were fired near a platf","content":"<p>(Aug&nbsp;3)&nbsp;The Pentagon was on lockdown Tuesday morning after multiple gunshots were fired near a platform by the facility’s Metro station.</p><p><blockquote>（8月3日）周二早上，在该设施地铁站的一个站台附近发生多起枪击事件后，五角大楼被封锁。</blockquote></p><p> At least one person was down, according to two people familiar with the shooting, who spoke on condition of anonymity because they were not authorized to release information publicly. The person’s condition was not known.</p><p><blockquote>据两名熟悉枪击事件的人士称，至少有一人倒下，这两人因无权公开发布信息而要求匿名。此人的状况尚不清楚。</blockquote></p><p> The incident occurred on a Metro bus platform that is part of the Pentagon Transit Center, the Pentagon Protection Force Protection Agency tweeted.</p><p><blockquote>五角大楼保护部队保护局在推特上表示，这起事件发生在五角大楼运输中心的地铁公交站台上。</blockquote></p><p> A Pentagon announcement said the facility was on lockdown due to “police activity.”</p><p><blockquote>五角大楼的一份声明称，由于“警察活动”，该设施已被封锁。</blockquote></p><p> Metro subway trains were ordered to bypass the Pentagon due to a police investigation.</p><p><blockquote>由于警方的调查，地铁列车被命令绕过五角大楼。</blockquote></p><p> An Associated Press reporter near the building heard multiple gunshots.</p><p><blockquote>大楼附近的美联社记者听到多声枪响。</blockquote></p><p></p>","source":"lsy1628003918714","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>Pentagon on lockdown after gunshots fired near Metro<blockquote>地铁附近发生枪击事件后五角大楼处于封锁状态</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\">\nPentagon on lockdown after gunshots fired near Metro<blockquote>地铁附近发生枪击事件后五角大楼处于封锁状态</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">AP News</strong><span class=\"h-time small\">2021-08-03 23:16</span>\n</p>\n</h4>\n</header>\n<article>\n<p>(Aug&nbsp;3)&nbsp;The Pentagon was on lockdown Tuesday morning after multiple gunshots were fired near a platform by the facility’s Metro station.</p><p><blockquote>（8月3日）周二早上，在该设施地铁站的一个站台附近发生多起枪击事件后，五角大楼被封锁。</blockquote></p><p> At least one person was down, according to two people familiar with the shooting, who spoke on condition of anonymity because they were not authorized to release information publicly. The person’s condition was not known.</p><p><blockquote>据两名熟悉枪击事件的人士称，至少有一人倒下，这两人因无权公开发布信息而要求匿名。此人的状况尚不清楚。</blockquote></p><p> The incident occurred on a Metro bus platform that is part of the Pentagon Transit Center, the Pentagon Protection Force Protection Agency tweeted.</p><p><blockquote>五角大楼保护部队保护局在推特上表示，这起事件发生在五角大楼运输中心的地铁公交站台上。</blockquote></p><p> A Pentagon announcement said the facility was on lockdown due to “police activity.”</p><p><blockquote>五角大楼的一份声明称，由于“警察活动”，该设施已被封锁。</blockquote></p><p> Metro subway trains were ordered to bypass the Pentagon due to a police investigation.</p><p><blockquote>由于警方的调查，地铁列车被命令绕过五角大楼。</blockquote></p><p> An Associated Press reporter near the building heard multiple gunshots.</p><p><blockquote>大楼附近的美联社记者听到多声枪响。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://apnews.com/article/politics-846e71a1b78370611ba13beb28aa77a9\">AP News</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite","SPY":"标普500ETF",".SPX":"S&P 500 Index",".DJI":"道琼斯"},"source_url":"https://apnews.com/article/politics-846e71a1b78370611ba13beb28aa77a9","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1173044069","content_text":"(Aug 3) The Pentagon was on lockdown Tuesday morning after multiple gunshots were fired near a platform by the facility’s Metro station.\nAt least one person was down, according to two people familiar with the shooting, who spoke on condition of anonymity because they were not authorized to release information publicly. The person’s condition was not known.\nThe incident occurred on a Metro bus platform that is part of the Pentagon Transit Center, the Pentagon Protection Force Protection Agency tweeted.\nA Pentagon announcement said the facility was on lockdown due to “police activity.”\nMetro subway trains were ordered to bypass the Pentagon due to a police investigation.\nAn Associated Press reporter near the building heard multiple gunshots.","news_type":1,"symbols_score_info":{".SPX":0.9,".IXIC":0.9,".DJI":0.9,"SPY":0.9}},"isVote":1,"tweetType":1,"viewCount":661,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":806620962,"gmtCreate":1627654172356,"gmtModify":1633757389542,"author":{"id":"3574925827192931","authorId":"3574925827192931","name":"JoshyQ","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3574925827192931","idStr":"3574925827192931"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/806620962","repostId":"1157771608","repostType":4,"isVote":1,"tweetType":1,"viewCount":369,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":809747747,"gmtCreate":1627394660489,"gmtModify":1633765419184,"author":{"id":"3574925827192931","authorId":"3574925827192931","name":"JoshyQ","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3574925827192931","idStr":"3574925827192931"},"themes":[],"htmlText":"OK 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!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/837450773","repostId":"2162087564","repostType":4,"isVote":1,"tweetType":1,"viewCount":1700,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":836687958,"gmtCreate":1629476457474,"gmtModify":1633684544155,"author":{"id":"3574925827192931","authorId":"3574925827192931","name":"JoshyQ","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3574925827192931","idStr":"3574925827192931"},"themes":[],"htmlText":"&nbsp;Oh","listText":"&nbsp;Oh","text":"Oh","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/836687958","repostId":"1107004225","repostType":4,"repost":{"id":"1107004225","kind":"news","weMediaInfo":{"introduction":"Stock Market Quotes, Business News, Financial News, Trading Ideas, and Stock Research by Professionals","home_visible":0,"media_name":"Benzinga","id":"1052270027","head_image":"https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa"},"pubTimestamp":1629473431,"share":"https://www.laohu8.com/m/news/1107004225?lang=zh_CN&edition=full","pubTime":"2021-08-20 23:30","market":"us","language":"en","title":"Why This Virgin Galactic Analyst Just Cut Their Price Target By Nearly 40%<blockquote>为什么这位维珍银河分析师刚刚将目标价下调近40%</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1107004225","media":"Benzinga","summary":"Virgin Galactic Holdings Inc shares have come crashing back to Earth since the company successfully ","content":"<p><b><a href=\"https://laohu8.com/S/SPCE\">Virgin Galactic</a> </b><b>Holdings</b><b> Inc</b>&nbsp;shares have come crashing back to Earth since the company successfully completed a Unity 22 space flight back in July, and one analyst said Friday&nbsp;the stock will likely continue to struggle in the near-term.</p><p><blockquote><b><a href=\"https://laohu8.com/S/SPCE\">维珍银河</a></b><b>控股</b><b>Inc</b>自该公司7月份成功完成Unity 22太空飞行以来，该公司股价暴跌，一位分析师周五表示，该股短期内可能会继续陷入困境。</blockquote></p><p> <b>The Virgin Galactic Analyst:</b>&nbsp;Bank of America analyst Ronald Epstein reiterated an Underperform rating on&nbsp;Virgin Galactic and cut the&nbsp;price target from $41 to $25.</p><p><blockquote><b>维珍银河分析师：</b>美国银行分析师Ronald Epstein重申了对维珍银河的跑输评级，并将目标价从41美元下调至25美元。</blockquote></p><p> <b>The Virgin Galactic Takeaways:</b>&nbsp;In his new note, Epstein said he was surprised and somewhat confused by Virgin’s recent announcement that it will begin planned maintenance plus enhancement for Mothership Eve in September after receiving a recommendation for the enhancements in July.</p><p><blockquote><b>维珍银河外卖：</b>爱泼斯坦在他的新报告中表示，维珍航空最近宣布，在7月份收到增强建议后，将于9月份开始对母舰Eve进行计划维护和增强，这让他感到惊讶和有些困惑。</blockquote></p><p> The planned improvements, which Virgin did not detail, will bump back the timeline for the company’s first commercial passenger flight from early 2022 to late in the third quarter of 2022.</p><p><blockquote>维珍航空没有详细说明计划中的改进将把该公司首次商业客运航班的时间表从2022年初推迟到2022年第三季度末。</blockquote></p><p> Epstein said it was particularly surprising that Virgin didn’t provide any technical details about the planned improvements and said the enhancements are still in the design phase.</p><p><blockquote>爱泼斯坦表示，尤其令人惊讶的是，维珍没有提供有关计划改进的任何技术细节，并表示这些改进仍处于设计阶段。</blockquote></p><p> For now, Epstein said he expects Virgin to focus on sub-orbital travel, which will bump back orbital travel further into the future. Epstein has pushed back his target date for Virgin orbital travel from 2028 to 2035 and is removing his 2035 target for high speed point-to-point travel.</p><p><blockquote>爱泼斯坦表示，目前，他预计维珍航空将专注于亚轨道旅行，这将在未来进一步阻碍轨道旅行。爱泼斯坦已将维珍轨道旅行的目标日期从2028年推迟到2035年，并取消了2035年高速点对点旅行的目标。</blockquote></p><p> In terms of upcoming stock catalysts, Epstein said the October 2021 lock-up expirations could pressure Virgin’s stock.</p><p><blockquote>就即将到来的股票催化剂而言，爱泼斯坦表示，2021年10月的禁售期可能会给维珍的股票带来压力。</blockquote></p><p> “We see short term downside pressure to the stock price as a) delayed commercialization results in lack of catalysts, b) the market stays attentive to the next equity raise, and c) the next lock-up period expires,” Epstein said.</p><p><blockquote>爱泼斯坦表示：“我们认为股价短期面临下行压力，因为a）商业化延迟导致缺乏催化剂，b）市场仍在关注下一次股权融资，以及c）下一次禁售期到期。”</blockquote></p><p> <b>Benzinga’s Take:</b>&nbsp;With Virgin generating a $644-million net loss on less than $300,000 in revenue in 2020, any delays in the path to a commercial launch are understandably concerning for investors.</p><p><blockquote><b>Benzinga的看法：</b>由于维珍航空在2020年的收入不到30万美元，净亏损6.44亿美元，商业推出之路的任何延误都可以理解投资者的担忧。</blockquote></p><p> If Epstein’s new targets are correct, it also appears that at least the next 14 years will be all about sub-orbital travel for Virgin.</p><p><blockquote>如果爱泼斯坦的新目标是正确的，那么对于维珍来说，至少未来14年将是亚轨道旅行的全部。</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>Why This Virgin Galactic Analyst Just Cut Their Price Target By Nearly 40%<blockquote>为什么这位维珍银河分析师刚刚将目标价下调近40%</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; 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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\">\nWhy This Virgin Galactic Analyst Just Cut Their Price Target By Nearly 40%<blockquote>为什么这位维珍银河分析师刚刚将目标价下调近40%</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 </p>\n<p class=\"h-time smaller\">2021-08-20 23:30</p>\n</div>\n</div>\n</h4>\n</header>\n<article>\n<p><b><a href=\"https://laohu8.com/S/SPCE\">Virgin Galactic</a> </b><b>Holdings</b><b> Inc</b>&nbsp;shares have come crashing back to Earth since the company successfully completed a Unity 22 space flight back in July, and one analyst said Friday&nbsp;the stock will likely continue to struggle in the near-term.</p><p><blockquote><b><a href=\"https://laohu8.com/S/SPCE\">维珍银河</a></b><b>控股</b><b>Inc</b>自该公司7月份成功完成Unity 22太空飞行以来，该公司股价暴跌，一位分析师周五表示，该股短期内可能会继续陷入困境。</blockquote></p><p> <b>The Virgin Galactic Analyst:</b>&nbsp;Bank of America analyst Ronald Epstein reiterated an Underperform rating on&nbsp;Virgin Galactic and cut the&nbsp;price target from $41 to $25.</p><p><blockquote><b>维珍银河分析师：</b>美国银行分析师Ronald Epstein重申了对维珍银河的跑输评级，并将目标价从41美元下调至25美元。</blockquote></p><p> <b>The Virgin Galactic Takeaways:</b>&nbsp;In his new note, Epstein said he was surprised and somewhat confused by Virgin’s recent announcement that it will begin planned maintenance plus enhancement for Mothership Eve in September after receiving a recommendation for the enhancements in July.</p><p><blockquote><b>维珍银河外卖：</b>爱泼斯坦在他的新报告中表示，维珍航空最近宣布，在7月份收到增强建议后，将于9月份开始对母舰Eve进行计划维护和增强，这让他感到惊讶和有些困惑。</blockquote></p><p> The planned improvements, which Virgin did not detail, will bump back the timeline for the company’s first commercial passenger flight from early 2022 to late in the third quarter of 2022.</p><p><blockquote>维珍航空没有详细说明计划中的改进将把该公司首次商业客运航班的时间表从2022年初推迟到2022年第三季度末。</blockquote></p><p> Epstein said it was particularly surprising that Virgin didn’t provide any technical details about the planned improvements and said the enhancements are still in the design phase.</p><p><blockquote>爱泼斯坦表示，尤其令人惊讶的是，维珍没有提供有关计划改进的任何技术细节，并表示这些改进仍处于设计阶段。</blockquote></p><p> For now, Epstein said he expects Virgin to focus on sub-orbital travel, which will bump back orbital travel further into the future. Epstein has pushed back his target date for Virgin orbital travel from 2028 to 2035 and is removing his 2035 target for high speed point-to-point travel.</p><p><blockquote>爱泼斯坦表示，目前，他预计维珍航空将专注于亚轨道旅行，这将在未来进一步阻碍轨道旅行。爱泼斯坦已将维珍轨道旅行的目标日期从2028年推迟到2035年，并取消了2035年高速点对点旅行的目标。</blockquote></p><p> In terms of upcoming stock catalysts, Epstein said the October 2021 lock-up expirations could pressure Virgin’s stock.</p><p><blockquote>就即将到来的股票催化剂而言，爱泼斯坦表示，2021年10月的禁售期可能会给维珍的股票带来压力。</blockquote></p><p> “We see short term downside pressure to the stock price as a) delayed commercialization results in lack of catalysts, b) the market stays attentive to the next equity raise, and c) the next lock-up period expires,” Epstein said.</p><p><blockquote>爱泼斯坦表示：“我们认为股价短期面临下行压力，因为a）商业化延迟导致缺乏催化剂，b）市场仍在关注下一次股权融资，以及c）下一次禁售期到期。”</blockquote></p><p> <b>Benzinga’s Take:</b>&nbsp;With Virgin generating a $644-million net loss on less than $300,000 in revenue in 2020, any delays in the path to a commercial launch are understandably concerning for investors.</p><p><blockquote><b>Benzinga的看法：</b>由于维珍航空在2020年的收入不到30万美元，净亏损6.44亿美元，商业推出之路的任何延误都可以理解投资者的担忧。</blockquote></p><p> If Epstein’s new targets are correct, it also appears that at least the next 14 years will be all about sub-orbital travel for Virgin.</p><p><blockquote>如果爱泼斯坦的新目标是正确的，那么对于维珍来说，至少未来14年将是亚轨道旅行的全部。</blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SPCE":"维珍银河"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1107004225","content_text":"Virgin Galactic Holdings Inc shares have come crashing back to Earth since the company successfully completed a Unity 22 space flight back in July, and one analyst said Friday the stock will likely continue to struggle in the near-term.\nThe Virgin Galactic Analyst: Bank of America analyst Ronald Epstein reiterated an Underperform rating on Virgin Galactic and cut the price target from $41 to $25.\nThe Virgin Galactic Takeaways: In his new note, Epstein said he was surprised and somewhat confused by Virgin’s recent announcement that it will begin planned maintenance plus enhancement for Mothership Eve in September after receiving a recommendation for the enhancements in July.\nThe planned improvements, which Virgin did not detail, will bump back the timeline for the company’s first commercial passenger flight from early 2022 to late in the third quarter of 2022.\nEpstein said it was particularly surprising that Virgin didn’t provide any technical details about the planned improvements and said the enhancements are still in the design phase.\nFor now, Epstein said he expects Virgin to focus on sub-orbital travel, which will bump back orbital travel further into the future. Epstein has pushed back his target date for Virgin orbital travel from 2028 to 2035 and is removing his 2035 target for high speed point-to-point travel.\nIn terms of upcoming stock catalysts, Epstein said the October 2021 lock-up expirations could pressure Virgin’s stock.\n“We see short term downside pressure to the stock price as a) delayed commercialization results in lack of catalysts, b) the market stays attentive to the next equity raise, and c) the next lock-up period expires,” Epstein said.\nBenzinga’s Take: With Virgin generating a $644-million net loss on less than $300,000 in revenue in 2020, any delays in the path to a commercial launch are understandably concerning for investors.\nIf Epstein’s new targets are correct, it also appears that at least the next 14 years will be all about sub-orbital travel for Virgin.","news_type":1,"symbols_score_info":{"SPCE":0.9}},"isVote":1,"tweetType":1,"viewCount":1946,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}