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0勋章

2021-12-23

Buy

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2021-12-21

Buy

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2021-11-11

Don't worry

Oil extends losses triggered by U.S. inflation fears<blockquote>美国通胀担忧引发油价跌幅扩大</blockquote>

2021-11-09

Just buy

PayPal shares fell more than 4% in premarket trading<blockquote>PayPal股价在盘前交易中下跌超过4%</blockquote>

2021-11-05

Good

U.S. Daylight Saving Time Ends on Sunday, Nov.7 2021<blockquote>美国夏令时将于2021年11月7日星期日结束</blockquote>

2021-11-04

All time high as always

S&P 500 rises for a sixth straight day, Dow hovers near a record<blockquote>标普500连续第六天上涨道指徘徊在纪录附近</blockquote>

2021-11-03

Buy

NIO: Hop On For 100% Upside Potential<blockquote>蔚来：抓住100%的上涨潜力</blockquote>

2021-10-26

Stonks

Robinhood earnings: Here's what to expect<blockquote>Robinhood收益：以下是预期</blockquote>

2021-10-25

Good

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2021-09-06

To keep stable supply

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2021-09-05

Just keep buying

Speak No Evil of the S&P 500’s Neverending Records<blockquote>不要说标普500永无止境的记录的坏话</blockquote>

2021-09-01

Good

Li Auto shares rose 2.4% in premarket trading<blockquote>理想汽车股价在盘前交易中上涨2.4%</blockquote>

2021-08-31

10k is not a dream

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2021-08-30

Keep buying

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2021-08-27

Keep pumping

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2021-08-23

Taper, don't miss the timing again

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2021-08-12

Good

Nio Confirms Plans To Enter Mass-Market EV Segment Under A Sub-Brand<blockquote>蔚来确认计划以子品牌进入大众市场电动汽车领域</blockquote>

2021-08-06

Good choice

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2021-08-03

Will end red

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2021-08-02

Strong

Tesla rose nearly 5% in morning trading<blockquote>特斯拉早盘涨近5%</blockquote>

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prices.</p><p><blockquote>路透伦敦11月11日-油价周四跌至每桶82美元，延续了对美国通胀上升的担忧引发的大幅下跌，而欧佩克因能源价格高企而下调了2021年石油需求预期。</blockquote></p><p> Brent crude futures lost 52 cents, or 0.63%, to $82.12 a barrel by 1343 GMT after rising to $83.37 in morning trade. U.S. West Texas Intermediate (WTI) futures were down 83 cents, or 1%, at $80.51.</p><p><blockquote>格林威治标准时间1343，布伦特原油期货下跌52美分，或0.63%，至每桶82.12美元，早盘升至83.37美元。美国西德克萨斯中质原油(WTI)期货下跌83美分，跌幅1%，至80.51美元。</blockquote></p><p> The Organization of the Petroleum Exporting Countries (OPEC) said in a monthly report it expects oil demand to average 99.49 million barrels per day (bpd) in the fourth quarter of 2021, down 330,000 bpd from last month's forecast. The group however stuck to its prediction of robust growth to above pre-pandemic rates in 2022.</p><p><blockquote>石油输出国组织（欧佩克）在月度报告中表示，预计2021年第四季度石油需求平均为9949万桶/日，比上个月的预测下降33万桶/日。然而，该集团坚持其预测，即2022年将强劲增长至高于大流行前的水平。</blockquote></p><p> On Wednesday, data showed U.S. inflation increased by 6.2%, the fastest rate in 30 years, driven largely by higher energy prices, pushing the dollar higher and sending Brent and WTI crude down by 2.5% and 3.3% respectively.</p><p><blockquote>周三，数据显示美国通胀率上升6.2%，为30年来最快增速，主要受能源价格上涨推动，推动美元走高，布伦特原油和WTI原油分别下跌2.5%和3.3%。</blockquote></p><p> A rise in U.S. oil stocks after a government release of some strategic reserves put further pressure on prices.</p><p><blockquote>政府释放部分战略储备后，美国石油库存上升，进一步给油价带来压力。</blockquote></p><p> In response to the rising inflation, U.S. President Joe Biden said he asked the National Economic Council to work to reduce energy costs and the Federal Trade Commission to push back on market manipulation in the energy sector to reverse inflation.</p><p><blockquote>为应对通胀上升，美国总统拜登表示，他要求国家经济委员会努力降低能源成本，并要求联邦贸易委员会抵制能源领域的市场操纵行为，以扭转通胀。</blockquote></p><p> \"Crude prices are trying to find their footing after yesterday's slide as runaway inflation in America is adding pressure on the Biden administration to tap the Strategic Petroleum Reserve (SPR),\" said Edward Moya, senior analyst at OANDA.</p><p><blockquote>OANDA高级分析师爱德华·莫亚(Edward Moya)表示：“由于美国失控的通胀增加了拜登政府动用战略石油储备(SPR)的压力，原油价格在昨天下跌后正试图站稳脚跟。”</blockquote></p><p> \"Energy traders know that an SPR release will only deliver a very short-term drop in prices that won't provide much relief for the American consumer.\"</p><p><blockquote>“能源交易商知道，SPR的发布只会带来非常短期的价格下跌，不会给美国消费者带来太大的缓解。”</blockquote></p><p> The Brent crude price has gained more than 60% this year and hit a three-year high of $86.70 on Oct. 25, supported by recovering demand and supply restraint by the Organization of the Petroleum Exporting Countries (OPEC) and its allies, together known as OPEC+.</p><p><blockquote>受石油输出国组织(OPEC)及其盟友（统称为OPEC+）恢复需求和供应限制的支撑，布伦特原油价格今年已上涨超过60%，并于10月25日触及86.70美元的三年高点。</blockquote></p><p> But oil prices appear to be consolidating below $85 a barrel, Norbert Rucker, head of economics at Julius Baer, said in a note.</p><p><blockquote>但Julius Baer经济主管Norbert Rucker在一份报告中表示，油价似乎正在每桶85美元下方盘整。</blockquote></p><p> \"We could be looking at early signs of a fundamental transition towards an easing market, not least as oil demand should only grow gradually going forward with the pick-up in U.S. shale and petro-nation supply.\"</p><p><blockquote>“我们可能会看到向宽松市场根本性转变的早期迹象，尤其是随着美国页岩油和石油国家供应的回升，石油需求只会逐渐增长。”</blockquote></p><p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nOil extends losses triggered by U.S. inflation fears<blockquote>美国通胀担忧引发油价跌幅扩大</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Reuters</strong><span class=\"h-time small\">2021-11-11 22:11</span>\n</p>\n</h4>\n</header>\n<article>\n<p>LONDON, Nov 11 (Reuters) - Oil prices dropped to $82 a barrel on Thursday, extending sharp falls triggered by concerns over rising U.S. inflation while OPEC cut its 2021 oil demand forecast due to high energy prices.</p><p><blockquote>路透伦敦11月11日-油价周四跌至每桶82美元，延续了对美国通胀上升的担忧引发的大幅下跌，而欧佩克因能源价格高企而下调了2021年石油需求预期。</blockquote></p><p> Brent crude futures lost 52 cents, or 0.63%, to $82.12 a barrel by 1343 GMT after rising to $83.37 in morning trade. U.S. West Texas Intermediate (WTI) futures were down 83 cents, or 1%, at $80.51.</p><p><blockquote>格林威治标准时间1343，布伦特原油期货下跌52美分，或0.63%，至每桶82.12美元，早盘升至83.37美元。美国西德克萨斯中质原油(WTI)期货下跌83美分，跌幅1%，至80.51美元。</blockquote></p><p> The Organization of the Petroleum Exporting Countries (OPEC) said in a monthly report it expects oil demand to average 99.49 million barrels per day (bpd) in the fourth quarter of 2021, down 330,000 bpd from last month's forecast. The group however stuck to its prediction of robust growth to above pre-pandemic rates in 2022.</p><p><blockquote>石油输出国组织（欧佩克）在月度报告中表示，预计2021年第四季度石油需求平均为9949万桶/日，比上个月的预测下降33万桶/日。然而，该集团坚持其预测，即2022年将强劲增长至高于大流行前的水平。</blockquote></p><p> On Wednesday, data showed U.S. inflation increased by 6.2%, the fastest rate in 30 years, driven largely by higher energy prices, pushing the dollar higher and sending Brent and WTI crude down by 2.5% and 3.3% respectively.</p><p><blockquote>周三，数据显示美国通胀率上升6.2%，为30年来最快增速，主要受能源价格上涨推动，推动美元走高，布伦特原油和WTI原油分别下跌2.5%和3.3%。</blockquote></p><p> A rise in U.S. oil stocks after a government release of some strategic reserves put further pressure on prices.</p><p><blockquote>政府释放部分战略储备后，美国石油库存上升，进一步给油价带来压力。</blockquote></p><p> In response to the rising inflation, U.S. President Joe Biden said he asked the National Economic Council to work to reduce energy costs and the Federal Trade Commission to push back on market manipulation in the energy sector to reverse inflation.</p><p><blockquote>为应对通胀上升，美国总统拜登表示，他要求国家经济委员会努力降低能源成本，并要求联邦贸易委员会抵制能源领域的市场操纵行为，以扭转通胀。</blockquote></p><p> \"Crude prices are trying to find their footing after yesterday's slide as runaway inflation in America is adding pressure on the Biden administration to tap the Strategic Petroleum Reserve (SPR),\" said Edward Moya, senior analyst at OANDA.</p><p><blockquote>OANDA高级分析师爱德华·莫亚(Edward Moya)表示：“由于美国失控的通胀增加了拜登政府动用战略石油储备(SPR)的压力，原油价格在昨天下跌后正试图站稳脚跟。”</blockquote></p><p> \"Energy traders know that an SPR release will only deliver a very short-term drop in prices that won't provide much relief for the American consumer.\"</p><p><blockquote>“能源交易商知道，SPR的发布只会带来非常短期的价格下跌，不会给美国消费者带来太大的缓解。”</blockquote></p><p> The Brent crude price has gained more than 60% this year and hit a three-year high of $86.70 on Oct. 25, supported by recovering demand and supply restraint by the Organization of the Petroleum Exporting Countries (OPEC) and its allies, together known as OPEC+.</p><p><blockquote>受石油输出国组织(OPEC)及其盟友（统称为OPEC+）恢复需求和供应限制的支撑，布伦特原油价格今年已上涨超过60%，并于10月25日触及86.70美元的三年高点。</blockquote></p><p> But oil prices appear to be consolidating below $85 a barrel, Norbert Rucker, head of economics at Julius Baer, said in a note.</p><p><blockquote>但Julius Baer经济主管Norbert Rucker在一份报告中表示，油价似乎正在每桶85美元下方盘整。</blockquote></p><p> \"We could be looking at early signs of a fundamental transition towards an easing market, not least as oil demand should only grow gradually going forward with the pick-up in U.S. shale and petro-nation supply.\"</p><p><blockquote>“我们可能会看到向宽松市场根本性转变的早期迹象，尤其是随着美国页岩油和石油国家供应的回升，石油需求只会逐渐增长。”</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.reuters.com/business/energy/oil-prices-steady-after-falling-signs-us-may-release-more-reserves-2021-11-11/\">Reuters</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.reuters.com/business/energy/oil-prices-steady-after-falling-signs-us-may-release-more-reserves-2021-11-11/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1123802009","content_text":"LONDON, Nov 11 (Reuters) - Oil prices dropped to $82 a barrel on Thursday, extending sharp falls triggered by concerns over rising U.S. inflation while OPEC cut its 2021 oil demand forecast due to high energy prices.\nBrent crude futures lost 52 cents, or 0.63%, to $82.12 a barrel by 1343 GMT after rising to $83.37 in morning trade. U.S. West Texas Intermediate (WTI) futures were down 83 cents, or 1%, at $80.51.\nThe Organization of the Petroleum Exporting Countries (OPEC) said in a monthly report it expects oil demand to average 99.49 million barrels per day (bpd) in the fourth quarter of 2021, down 330,000 bpd from last month's forecast. The group however stuck to its prediction of robust growth to above pre-pandemic rates in 2022.\nOn Wednesday, data showed U.S. inflation increased by 6.2%, the fastest rate in 30 years, driven largely by higher energy prices, pushing the dollar higher and sending Brent and WTI crude down by 2.5% and 3.3% respectively.\nA rise in U.S. oil stocks after a government release of some strategic reserves put further pressure on prices.\nIn response to the rising inflation, U.S. President Joe Biden said he asked the National Economic Council to work to reduce energy costs and the Federal Trade Commission to push back on market manipulation in the energy sector to reverse inflation.\n\"Crude prices are trying to find their footing after yesterday's slide as runaway inflation in America is adding pressure on the Biden administration to tap the Strategic Petroleum Reserve (SPR),\" said Edward Moya, senior analyst at OANDA.\n\"Energy traders know that an SPR release will only deliver a very short-term drop in prices that won't provide much relief for the American consumer.\"\nThe Brent crude price has gained more than 60% this year and hit a three-year high of $86.70 on Oct. 25, supported by recovering demand and supply restraint by the Organization of the Petroleum Exporting Countries (OPEC) and its allies, together known as OPEC+.\nBut oil prices appear to be consolidating below $85 a barrel, Norbert Rucker, head of economics at Julius Baer, said in a note.\n\"We could be looking at early signs of a fundamental transition towards an easing market, not least as oil demand should only grow gradually going forward with the pick-up in U.S. shale and petro-nation supply.\"","news_type":1,"symbols_score_info":{"CLmain":0.9}},"isVote":1,"tweetType":1,"viewCount":1725,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":844433217,"gmtCreate":1636449959910,"gmtModify":1636449960254,"author":{"id":"3576061323846814","authorId":"3576061323846814","name":"YinTing","avatar":"https://static.tigerbbs.com/a28f0c9c918d2ce99c3d3f9eee4309fa","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3576061323846814","idStr":"3576061323846814"},"themes":[],"htmlText":"Just buy","listText":"Just buy","text":"Just buy","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":11,"commentSize":4,"repostSize":0,"link":"https://laohu8.com/post/844433217","repostId":"1174206210","repostType":4,"repost":{"id":"1174206210","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":1636449009,"share":"https://www.laohu8.com/m/news/1174206210?lang=zh_CN&edition=full","pubTime":"2021-11-09 17:10","market":"us","language":"en","title":"PayPal shares fell more than 4% in premarket trading<blockquote>PayPal股价在盘前交易中下跌超过4%</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1174206210","media":"Tiger Newspress","summary":"PayPal shares fell more than 4% in premarket trading.PayPal now expects revenue to climb just 18% to","content":"<p>PayPal&nbsp;shares&nbsp;fell&nbsp;more&nbsp;than&nbsp;4%&nbsp;in&nbsp;premarket&nbsp;trading.<img src=\"https://static.tigerbbs.com/e16c4e872853229cb8799691d439b725\" tg-width=\"884\" tg-height=\"589\" width=\"100%\" height=\"auto\">PayPal now expects revenue to climb just 18% to $25.3 billion to $25.4 billion for the year; the company had previously forecast a 20% jump. Total payments volume is now forecast to increase by as much as 34% while adjusted earnings per share is expected to rise 19% to $4.60.</p><p><blockquote>PayPal股价在盘前交易中下跌超过4%。PayPal目前预计今年营收仅增长18%，达到253亿至254亿美元；该公司此前预测增长20%。目前预计总支付量将增长34%，而调整后每股收益预计将增长19%至4.60美元。</blockquote></p><p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>PayPal shares fell more than 4% in premarket trading<blockquote>PayPal股价在盘前交易中下跌超过4%</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nPayPal shares fell more than 4% in premarket trading<blockquote>PayPal股价在盘前交易中下跌超过4%</blockquote>\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time smaller\">2021-11-09 17:10</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>PayPal&nbsp;shares&nbsp;fell&nbsp;more&nbsp;than&nbsp;4%&nbsp;in&nbsp;premarket&nbsp;trading.<img src=\"https://static.tigerbbs.com/e16c4e872853229cb8799691d439b725\" tg-width=\"884\" tg-height=\"589\" width=\"100%\" height=\"auto\">PayPal now expects revenue to climb just 18% to $25.3 billion to $25.4 billion for the year; the company had previously forecast a 20% jump. Total payments volume is now forecast to increase by as much as 34% while adjusted earnings per share is expected to rise 19% to $4.60.</p><p><blockquote>PayPal股价在盘前交易中下跌超过4%。PayPal目前预计今年营收仅增长18%，达到253亿至254亿美元；该公司此前预测增长20%。目前预计总支付量将增长34%，而调整后每股收益预计将增长19%至4.60美元。</blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"PYPL":"PayPal"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1174206210","content_text":"PayPal shares fell more than 4% in premarket trading.PayPal now expects revenue to climb just 18% to $25.3 billion to $25.4 billion for the year; the company had previously forecast a 20% jump. Total payments volume is now forecast to increase by as much as 34% while adjusted earnings per share is expected to rise 19% to $4.60.","news_type":1,"symbols_score_info":{"PYPL":0.9}},"isVote":1,"tweetType":1,"viewCount":1327,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":842919581,"gmtCreate":1636124592192,"gmtModify":1636124592613,"author":{"id":"3576061323846814","authorId":"3576061323846814","name":"YinTing","avatar":"https://static.tigerbbs.com/a28f0c9c918d2ce99c3d3f9eee4309fa","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3576061323846814","idStr":"3576061323846814"},"themes":[],"htmlText":"Good","listText":"Good","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/842919581","repostId":"1136116425","repostType":4,"repost":{"id":"1136116425","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1636104081,"share":"https://www.laohu8.com/m/news/1136116425?lang=zh_CN&edition=full","pubTime":"2021-11-05 17:21","market":"us","language":"en","title":"U.S. Daylight Saving Time Ends on Sunday, Nov.7 2021<blockquote>美国夏令时将于2021年11月7日星期日结束</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1136116425","media":"Tiger Newspress","summary":"Dear Tigers, U.S. Daylight Saving Time Ends on Sunday, Nov.7 2021,at 2:00 a.m.\nAt that time,the regu","content":"<p>Dear Tigers, U.S. Daylight Saving Time Ends on Sunday, Nov.7 2021,at 2:00&nbsp;a.m.</p><p><blockquote>亲爱的老虎们，美国夏令时于2021年11月7日周日凌晨2点结束。</blockquote></p><p> At that time,the regular trading period of the US stock market will move toward by one hour, which will become 22:30 p.m.to 5:00 a.m（Beijing Time/SGT）. </p><p><blockquote>届时，美股常规交易时段将提前一小时，即北京时间下午22:30至凌晨5:00。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/e441a1a98d5230fc31d6f1652e577bde\" tg-width=\"674\" tg-height=\"365\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p> <b>Trading Hours</b></p><p><blockquote><b>交易时间</b></blockquote></p><p> U.S.&nbsp;Eastern Time:9:30 ~ 16:00; Beijing time /SGT :22:30 ~&nbsp;5:00 the next day</p><p><blockquote>美国东部时间：9:30~16:00；北京时间/SGT：22:30~次日5:00</blockquote></p><p> <b>pre-trade</b></p><p><blockquote><b>交易前</b></blockquote></p><p> U.S.&nbsp;Eastern Time:4:00 ~ 9:30;Beijing time/SGT :17:00&nbsp;~&nbsp;22:30</p><p><blockquote>美国东部时间：4:00~9:30；北京时间/SGT：17:00~22:30</blockquote></p><p> <b>post-trade</b></p><p><blockquote><b>交易后</b></blockquote></p><p> U.S.&nbsp;Eastern Time:16：00~20：00;Beijing time/SGT:5:00&nbsp;~&nbsp;9:00</p><p><blockquote>美国东部时间：16:00~20:00；北京时间/SGT：5:00~9:00</blockquote></p><p> (Note: Daylight saving time always begins on the second Sunday in March and ends on the first Sunday in November)</p><p><blockquote>（注：夏令时总是从三月的第二个星期日开始，到十一月的第一个星期日结束）</blockquote></p><p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>U.S. Daylight Saving Time Ends on Sunday, Nov.7 2021<blockquote>美国夏令时将于2021年11月7日星期日结束</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nU.S. Daylight Saving Time Ends on Sunday, Nov.7 2021<blockquote>美国夏令时将于2021年11月7日星期日结束</blockquote>\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time smaller\">2021-11-05 17:21</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>Dear Tigers, U.S. Daylight Saving Time Ends on Sunday, Nov.7 2021,at 2:00&nbsp;a.m.</p><p><blockquote>亲爱的老虎们，美国夏令时于2021年11月7日周日凌晨2点结束。</blockquote></p><p> At that time,the regular trading period of the US stock market will move toward by one hour, which will become 22:30 p.m.to 5:00 a.m（Beijing Time/SGT）. </p><p><blockquote>届时，美股常规交易时段将提前一小时，即北京时间下午22:30至凌晨5:00。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/e441a1a98d5230fc31d6f1652e577bde\" tg-width=\"674\" tg-height=\"365\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p> <b>Trading Hours</b></p><p><blockquote><b>交易时间</b></blockquote></p><p> U.S.&nbsp;Eastern Time:9:30 ~ 16:00; Beijing time /SGT :22:30 ~&nbsp;5:00 the next day</p><p><blockquote>美国东部时间：9:30~16:00；北京时间/SGT：22:30~次日5:00</blockquote></p><p> <b>pre-trade</b></p><p><blockquote><b>交易前</b></blockquote></p><p> U.S.&nbsp;Eastern Time:4:00 ~ 9:30;Beijing time/SGT :17:00&nbsp;~&nbsp;22:30</p><p><blockquote>美国东部时间：4:00~9:30；北京时间/SGT：17:00~22:30</blockquote></p><p> <b>post-trade</b></p><p><blockquote><b>交易后</b></blockquote></p><p> U.S.&nbsp;Eastern Time:16：00~20：00;Beijing time/SGT:5:00&nbsp;~&nbsp;9:00</p><p><blockquote>美国东部时间：16:00~20:00；北京时间/SGT：5:00~9:00</blockquote></p><p> (Note: Daylight saving time always begins on the second Sunday in March and ends on the first Sunday in November)</p><p><blockquote>（注：夏令时总是从三月的第二个星期日开始，到十一月的第一个星期日结束）</blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index",".DJI":"道琼斯",".IXIC":"NASDAQ Composite"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1136116425","content_text":"Dear Tigers, U.S. Daylight Saving Time Ends on Sunday, Nov.7 2021,at 2:00 a.m.\nAt that time,the regular trading period of the US stock market will move toward by one hour, which will become 22:30 p.m.to 5:00 a.m（Beijing Time/SGT）. \n\nTrading Hours\nU.S. Eastern Time:9:30 ~ 16:00; Beijing time /SGT :22:30 ~ 5:00 the next day\npre-trade\nU.S. Eastern Time:4:00 ~ 9:30;Beijing time/SGT :17:00 ~ 22:30\npost-trade\nU.S. Eastern Time:16：00~20：00;Beijing time/SGT:5:00 ~ 9:00\n(Note: Daylight saving time always begins on the second Sunday in March and ends on the first Sunday in November)","news_type":1,"symbols_score_info":{".IXIC":0.9,".SPX":0.9,".DJI":0.9}},"isVote":1,"tweetType":1,"viewCount":2103,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":846082554,"gmtCreate":1636035309848,"gmtModify":1636035310206,"author":{"id":"3576061323846814","authorId":"3576061323846814","name":"YinTing","avatar":"https://static.tigerbbs.com/a28f0c9c918d2ce99c3d3f9eee4309fa","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3576061323846814","idStr":"3576061323846814"},"themes":[],"htmlText":"All time high as always","listText":"All time high as always","text":"All time high as always","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/846082554","repostId":"1103660582","repostType":4,"repost":{"id":"1103660582","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":1636032692,"share":"https://www.laohu8.com/m/news/1103660582?lang=zh_CN&edition=full","pubTime":"2021-11-04 21:31","market":"us","language":"en","title":"S&P 500 rises for a sixth straight day, Dow hovers near a record<blockquote>标普500连续第六天上涨道指徘徊在纪录附近</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1103660582","media":"Tiger Newspress","summary":"The S&P 500 rose for a sixth day in a row on Thursday after the equity benchmark closed at a record ","content":"<p>The S&amp;P 500 rose for a sixth day in a row on Thursday after the equity benchmark closed at a record following commentary from the Federal Reserve in the prior session.</p><p><blockquote>在美联储前一交易日发表评论后，股市基准收于创纪录水平，周四标普500连续第六天上涨。</blockquote></p><p> The S&amp;P 500 gained 0.2%, while the Dow Jones Industrial Average was trading near the flatline. The tech-heavy Nasdaq Composite rose 0.2%. All three averages finished the prior session at record highs.</p><p><blockquote>标普500上涨0.2%，道琼斯工业平均指数接近持平线。以科技股为主的纳斯达克综合指数上涨0.2%。前一交易日收盘时，这三条平均线均创下历史新高。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/2a14d5a66f1a4044fe93913c89576ad8\" tg-width=\"1073\" tg-height=\"456\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p> Tesla shares rose more than 1% to a new high.</p><p><blockquote>特斯拉股价涨超1%，再创新高。</blockquote></p><p> Qualcomm led gainers on the S&amp;P 500, rallying 15% following&nbsp;an earnings beat&nbsp;propelled by a 56% surge in smartphone chip sales. The company also provide strong guidance for the fourth quarter.</p><p><blockquote>高通在标普500领涨，在智能手机芯片销量飙升56%的推动下，其盈利超出预期，股价上涨15%。该公司还为第四季度提供了强有力的指导。</blockquote></p><p> MGM shares gained nearly 5% after the casino operator announcing plans to sell the operations of its Mirage casino in Las Vegas to another operator. The company noted that no sales agreement had been reached and it did not mention any possible buyers.</p><p><blockquote>赌场运营商米高梅宣布计划将其位于拉斯维加斯的Mirage赌场的业务出售给另一家运营商后，该公司股价上涨近5%。该公司指出，尚未达成销售协议，也没有提及任何可能的买家。</blockquote></p><p> Fastly's stock rose 8%&nbsp;as&nbsp;its third quarter performance exceeded market expectations, and some lost users were observed to return.</p><p><blockquote>Fastly股价上涨8%，因其第三季度业绩超出市场预期，且观察到部分流失用户回归。</blockquote></p><p> Yet Moderna shares cratered after the drugmaker&nbsp;slashed its Covid-19 vaccine revenue outlook. The sotck was last down about 11%.</p><p><blockquote>然而，在制药商Moderna大幅下调其Covid-19疫苗收入预期后，该公司股价暴跌。sotck最近下跌了约11%。</blockquote></p><p> And Roku was under pressure, falling more than 7% after the streaming platform&nbsp;reported disappointing third-quarter revenue.</p><p><blockquote>Roku也面临压力，在该流媒体平台公布令人失望的第三季度收入后，股价下跌超过7%。</blockquote></p><p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>S&P 500 rises for a sixth straight day, Dow hovers near a record<blockquote>标普500连续第六天上涨道指徘徊在纪录附近</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nS&P 500 rises for a sixth straight day, Dow hovers near a record<blockquote>标普500连续第六天上涨道指徘徊在纪录附近</blockquote>\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time smaller\">2021-11-04 21:31</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>The S&amp;P 500 rose for a sixth day in a row on Thursday after the equity benchmark closed at a record following commentary from the Federal Reserve in the prior session.</p><p><blockquote>在美联储前一交易日发表评论后，股市基准收于创纪录水平，周四标普500连续第六天上涨。</blockquote></p><p> The S&amp;P 500 gained 0.2%, while the Dow Jones Industrial Average was trading near the flatline. The tech-heavy Nasdaq Composite rose 0.2%. All three averages finished the prior session at record highs.</p><p><blockquote>标普500上涨0.2%，道琼斯工业平均指数接近持平线。以科技股为主的纳斯达克综合指数上涨0.2%。前一交易日收盘时，这三条平均线均创下历史新高。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/2a14d5a66f1a4044fe93913c89576ad8\" tg-width=\"1073\" tg-height=\"456\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p> Tesla shares rose more than 1% to a new high.</p><p><blockquote>特斯拉股价涨超1%，再创新高。</blockquote></p><p> Qualcomm led gainers on the S&amp;P 500, rallying 15% following&nbsp;an earnings beat&nbsp;propelled by a 56% surge in smartphone chip sales. The company also provide strong guidance for the fourth quarter.</p><p><blockquote>高通在标普500领涨，在智能手机芯片销量飙升56%的推动下，其盈利超出预期，股价上涨15%。该公司还为第四季度提供了强有力的指导。</blockquote></p><p> MGM shares gained nearly 5% after the casino operator announcing plans to sell the operations of its Mirage casino in Las Vegas to another operator. The company noted that no sales agreement had been reached and it did not mention any possible buyers.</p><p><blockquote>赌场运营商米高梅宣布计划将其位于拉斯维加斯的Mirage赌场的业务出售给另一家运营商后，该公司股价上涨近5%。该公司指出，尚未达成销售协议，也没有提及任何可能的买家。</blockquote></p><p> Fastly's stock rose 8%&nbsp;as&nbsp;its third quarter performance exceeded market expectations, and some lost users were observed to return.</p><p><blockquote>Fastly股价上涨8%，因其第三季度业绩超出市场预期，且观察到部分流失用户回归。</blockquote></p><p> Yet Moderna shares cratered after the drugmaker&nbsp;slashed its Covid-19 vaccine revenue outlook. The sotck was last down about 11%.</p><p><blockquote>然而，在制药商Moderna大幅下调其Covid-19疫苗收入预期后，该公司股价暴跌。sotck最近下跌了约11%。</blockquote></p><p> And Roku was under pressure, falling more than 7% after the streaming platform&nbsp;reported disappointing third-quarter revenue.</p><p><blockquote>Roku也面临压力，在该流媒体平台公布令人失望的第三季度收入后，股价下跌超过7%。</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":"1103660582","content_text":"The S&P 500 rose for a sixth day in a row on Thursday after the equity benchmark closed at a record following commentary from the Federal Reserve in the prior session.\nThe S&P 500 gained 0.2%, while the Dow Jones Industrial Average was trading near the flatline. The tech-heavy Nasdaq Composite rose 0.2%. All three averages finished the prior session at record highs.\n\nTesla shares rose more than 1% to a new high.\nQualcomm led gainers on the S&P 500, rallying 15% following an earnings beat propelled by a 56% surge in smartphone chip sales. The company also provide strong guidance for the fourth quarter.\nMGM shares gained nearly 5% after the casino operator announcing plans to sell the operations of its Mirage casino in Las Vegas to another operator. The company noted that no sales agreement had been reached and it did not mention any possible buyers.\nFastly's stock rose 8% as its third quarter performance exceeded market expectations, and some lost users were observed to return.\nYet Moderna shares cratered after the drugmaker slashed its Covid-19 vaccine revenue outlook. The sotck was last down about 11%.\nAnd Roku was under pressure, falling more than 7% after the streaming platform reported disappointing third-quarter revenue.","news_type":1,"symbols_score_info":{".SPX":0.9,".IXIC":0.9,".DJI":0.9}},"isVote":1,"tweetType":1,"viewCount":2064,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":841419987,"gmtCreate":1635933019931,"gmtModify":1635933020266,"author":{"id":"3576061323846814","authorId":"3576061323846814","name":"YinTing","avatar":"https://static.tigerbbs.com/a28f0c9c918d2ce99c3d3f9eee4309fa","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3576061323846814","idStr":"3576061323846814"},"themes":[],"htmlText":"Buy&nbsp;","listText":"Buy&nbsp;","text":"Buy","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/841419987","repostId":"1194982054","repostType":4,"repost":{"id":"1194982054","kind":"news","pubTimestamp":1635932371,"share":"https://www.laohu8.com/m/news/1194982054?lang=zh_CN&edition=full","pubTime":"2021-11-03 17:39","market":"us","language":"en","title":"NIO: Hop On For 100% Upside Potential<blockquote>蔚来：抓住100%的上涨潜力</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1194982054","media":"Seeking Alpha","summary":"Summary\n\nNIO released disappointing October deliveries, despite strong demand.\nThough there are shor","content":"<p><b>Summary</b></p><p><blockquote><b>总结</b></blockquote></p><p> <ul>  <li>NIO released disappointing October deliveries, despite strong demand.</li>  <li>Though there are short-term headwinds, NIO's long-term growth prospects continue to be good.</li>  <li>I estimate the stock could double in price in the next 2 years.</li> </ul> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/c0953fe30e0f3f44b551e2b2196bc0a4\" tg-width=\"1536\" tg-height=\"1152\" width=\"100%\" height=\"auto\"><span>Sezeryadigar/E+ via Getty Images</span></p><p><blockquote><ul><li>尽管需求强劲，蔚来公布的10月份交付量令人失望。</li><li>尽管存在短期阻力，但蔚来的长期增长前景仍然良好。</li><li>我估计该股的价格在未来两年内可能会翻倍。</li></ul><p class=\"t-img-caption\"><span>Sezeryadigar/E+来自Getty Images</span></p></blockquote></p><p> <b>Thesis Summary</b></p><p><blockquote><b>论文摘要</b></blockquote></p><p> NIO Inc. (NIO) is one of the fastest Chinese EV companies, with ambitious plans to expand globally. However, recent production figures for October have been unimpressive, sending the stock back under $40/share. But this does not change the long-term prospects of the company. I believe NIO’s shares could easily double in the next 12 months based on my valuation.</p><p><blockquote>蔚来（蔚来）是中国发展最快的电动汽车公司之一，有着雄心勃勃的全球扩张计划。然而，最近10月份的产量数据并不令人印象深刻，使该股回到40美元/股以下。但这并不能改变公司的长期前景。根据我的估值，我相信蔚来的股价在未来12个月内很容易翻倍。</blockquote></p><p> <b>Short-term headwinds</b></p><p><blockquote><b>短期不利因素</b></blockquote></p><p> NIO Inc. just reported its&nbsp;deliveries for October,leaving investors anything but pleased. Overall, the company delivered 3,6677 vehicles, which was down 27.5% YoY. Though these headline numbers are disappointing, they are not the result of a slump in demand, as much as what I consider to be temporary headwinds. NIO cited “restructuring and manufacturing of upgrade lines” as the main reasons behind the decrease in deliveries. This does seem like a compelling argument, especially when we consider that new orders reached an all-time high in October.</p><p><blockquote>蔚来刚刚公布了10月份的交付量，这让投资者一点也不高兴。总体而言，该公司交付了3,667 7辆汽车，同比下降27.5%。尽管这些总体数字令人失望，但它们并不是需求下滑的结果，而是我认为暂时的不利因素。蔚来将“重组和升级生产线的制造”列为交付量下降的主要原因。这看起来确实是一个令人信服的论点，尤其是当我们考虑到10月份新订单达到历史新高时。</blockquote></p><p> So the real question would be, how much of an impact will these manufacturing upgrades have? Will we see them affect next month's numbers? And is there more that the company might not be telling us?</p><p><blockquote>因此，真正的问题是，这些制造业升级会产生多大的影响？我们会看到它们影响下个月的数字吗？还有什么公司可能没有告诉我们的吗？</blockquote></p><p> It is important to point out that, whatever happened to NIO in the last month, seems to be an isolated event. Rivals like Li Auto (LI) and XPeng Inc. (XPEV) delivered&nbsp;month-on-month increases.Though chip shortages and'' supply constraints” have surely had an impact on all these companies, NIO’s rivals seem to have fared better. Having said that, I do believe NIO will overcome these short-term headwinds, and still holds the most promise looking forward.</p><p><blockquote>必须指出的是，无论蔚来上个月发生了什么，似乎都是一个孤立的事件。理想汽车（LI）和小鹏汽车（XPEV）等竞争对手环比增长。尽管芯片短缺和“供应限制”肯定对所有这些公司产生了影响，但蔚来的竞争对手似乎表现得更好。话虽如此，我确实相信蔚来将克服这些短期阻力，并且仍然充满希望。</blockquote></p><p> <b>Long-term tailwinds</b></p><p><blockquote><b>长期顺风</b></blockquote></p><p> Despite the poor monthly results, the long-term prospects of NIO remain attractive, nothing has changed there. The issue of manufacturing has been widely discussed since NIO doesn’t have its production facilities yet. However, back in May,NIO renewed its agreement&nbsp;with Jianghuai Automobile Group Co (JAC). Through this agreement, NIO expects to double its production, up to 240,000 units per year from now to 2024.</p><p><blockquote>尽管月度业绩不佳，但蔚来的长期前景仍然有吸引力，那里没有任何变化。由于蔚来还没有生产设施，制造问题一直被广泛讨论。然而，早在5月份，蔚来就与江淮汽车集团有限公司（JAC）续签了协议。通过这项协议，蔚来预计从现在到2024年将其产量翻一番，达到每年24万辆。</blockquote></p><p> More importantly though, NIO has even more ambitious plans in the future, since the company will be spearheading the construction of the Neo Park, an industrial cluster for EVs based in the city of Hefei.</p><p><blockquote>但更重要的是，蔚来未来还有更雄心勃勃的计划，因为该公司将牵头建设位于合肥市的电动汽车产业集群Neo Park。</blockquote></p><p>   Neo Park in the capital of Anhui province will have production capacities for one million electric cars and 100 GWh of batteries per year on an area of 11.3 square kilometres, as well as research and development facilities, according to Chinese media reports on the start of construction. More than 50,000 jobs are planned, including more than 10,000 in research and development. The initial investment is 50 billion yuan (about 6.4 billion euros).  Source:Electrive.com</p><p><blockquote>据中国媒体关于开工建设的报道，位于安徽省省会的Neo园区占地11.3平方公里，将拥有每年100万辆电动汽车和100 GWh电池的生产能力，以及研发设施。计划创造5万多个就业岗位，其中研发岗位1万多个。首期投资500亿元人民币（约合64亿欧元）。资料来源：Electrive.com</blockquote></p><p> For these reasons, I am not concerned when it comes to NIO’s long-term production capabilities.</p><p><blockquote>出于这些原因，我并不担心蔚来的长期生产能力。</blockquote></p><p> The other significant tailwind for NIO is its impending international expansion. NIO is already doing very well in China, as new orders are still holding strong even in October. It is true though that NIO faces intense competition in this area, few of the up and coming Chinese EV companies have any current plans for international expansion, which NIO does.</p><p><blockquote>蔚来的另一个重要推动力是其即将到来的国际扩张。蔚来在中国的表现已经非常好，即使在10月份，新订单仍然强劲。诚然，尽管蔚来在这一领域面临着激烈的竞争，但很少有新兴的中国电动汽车公司像蔚来那样有任何国际扩张计划。</blockquote></p><p> NIO&nbsp;launched its ES8 in Norway&nbsp;one month ago, on the 1st of October, and this might also be partly behind the recent slowdown in production. NIO has shifted its focus towards this region, as it seeks to get a foot into Europe’s largest EV market. NIO has also brought its “lifestyle brand” to Norway, opening up a NIO House in Oslo, and partnering up with two local artists, Anette Moi and Sandra Blikas, to launch its NIO Norway collection. The company plans to expand from Oslo and have 20 NIO Power stations in Oslo by the end of 2022. Though these are ambitious plans, it's important to note that revenues and sales from Norway are not expected to be sizable during this first phase.</p><p><blockquote>一个月前，即10月1日，蔚来在挪威推出了ES8，这可能也是最近挪威产量放缓的部分原因。蔚来已将重点转向该地区，寻求进军欧洲最大的电动汽车市场。蔚来还将其“生活方式品牌”带到了挪威，在奥斯陆开设了一家蔚来之家，并与两位当地艺术家Anette Moi和Sandra Blikas合作推出了其蔚来挪威系列。该公司计划从奥斯陆开始扩张，到2022年底在奥斯陆拥有20座蔚来发电站。尽管这些都是雄心勃勃的计划，但值得注意的是，在第一阶段，来自挪威的收入和销售额预计不会很大。</blockquote></p><p>   Regarding the delivery in Norway, we believe for this year, the contribution is not going to be that significant because our priority is to make sure we can ensure high user satisfaction in the Norway market by building our brand, expanding our sales and service network.  Source:William Bin Li, CEO, NIO Q2 2021 earnings conference call</p><p><blockquote>关于在挪威的交付，我们相信今年的贡献不会那么大，因为我们的首要任务是通过建立我们的品牌、扩大我们的销售和服务网络来确保挪威市场的高用户满意度。资料来源：蔚来首席执行官William Bin Li 2021年第二季度收益电话会议</blockquote></p><p> Ultimately though, NIO is laying the groundwork for prolonged long-term success, growing both its brand and production capacity.</p><p><blockquote>但最终，蔚来正在为长期成功奠定基础，发展其品牌和产能。</blockquote></p><p> <b>Valuation</b></p><p><blockquote><b>估值</b></blockquote></p><p></p><p> NIO is a fast-growing company in the EV sector, and while high revenue growth is expected, profitability is still far away. With that said, I believe the most adequate way to value such a company is by utilising a Price/Sales ratio. Using current analyst estimates from Seeking Alpha, and assuming a future rate of dilution and multiple, we can arrive at a target price for NIO.</p><p><blockquote>蔚来是电动汽车领域一家快速增长的公司，虽然预计收入将实现高增长，但盈利仍遥遥无期。也就是说，我认为对这样一家公司进行估值最合适的方法是利用市销率。使用Seeking Alpha当前分析师的估计，并假设未来的稀释率和倍数，我们可以得出蔚来的目标价格。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/a669b2529a958cabb360b2325d1781a2\" tg-width=\"1280\" tg-height=\"612\" width=\"100%\" height=\"auto\"><span>Source: Seeking Alpha</span></p><p><blockquote><p class=\"t-img-caption\"><span>资料来源：寻求阿尔法</span></p></blockquote></p><p> Let’s take the year 2023, which has estimates by 20 analysts, giving us a reasonable margin of safety. Estimates for 2023 range from $10,66B to $17,61B. I’ll use a conservative middle range number of $14B. December 2022 is about 2 years away, so we should also take into account some share dilution. Let’s assume a generous 6% rate of dilution, putting NIO’s outstanding shares close to 2B. Assuming a P/S ratio of 12, slightly below today’s, we would achieve a target price of $84/share. This is over twice today’s price, a 100% possible gain in slightly over two years.</p><p><blockquote>以2023年为例，20位分析师对2023年进行了预测，为我们提供了合理的安全边际。2023年的预测范围为$10, 66B至$17, 61B。我将使用保守的中值140亿美元。距离2022年12月还有2年左右的时间，所以我们也应该考虑到一些股份稀释。让我们假设6%的稀释率，使蔚来的流通股接近2B。假设市盈率为12，略低于今天，我们将实现84美元/股的目标价。这是今天价格的两倍多，在两年多一点的时间里可能会上涨100%。</blockquote></p><p> <b>Risks</b></p><p><blockquote><b>风险</b></blockquote></p><p> Although I am bullish on NIO and the EV sector, there are important risk factors that we must take into account.</p><p><blockquote>尽管我看好蔚来和电动汽车行业，但我们必须考虑一些重要的风险因素。</blockquote></p><p> For starters, there is the persistent threat of chip shortages. CNBC recently reported that the shortage could last until 2023, which would certainly put a dampener on worldwide production.</p><p><blockquote>首先，芯片短缺的威胁持续存在。CNBC最近报道称，短缺可能会持续到2023年，这肯定会抑制全球生产。</blockquote></p><p> Another important but less discussed issue, though, is the fact that large quantities of lithium are required to produce the batteries that power EVs. In the last year, lithium prices&nbsp;have more than quadrupled, and this may become an issue moving forward. Higher lithium prices will either limit production or hurt margins, neither of which is a good outcome for EV makers.</p><p><blockquote>然而，另一个重要但较少讨论的问题是，生产电动汽车动力电池需要大量锂。去年，锂价上涨了四倍多，这可能会成为未来的一个问题。锂价上涨要么会限制产量，要么会损害利润率，这对电动汽车制造商来说都不是一个好结果。</blockquote></p><p> Lastly, NIO, together with other Chinese EV companies, may&nbsp;faces the&nbsp;threat of regulation. </p><p><blockquote>最后，蔚来和其他中国电动汽车公司可能面临监管的威胁。</blockquote></p><p> <b>Takeaway</b></p><p><blockquote><b>外卖</b></blockquote></p><p> In conclusion, NIO is at these prices one of my highest conviction plays. $40/share is a great place to accumulate given the increased interest by both investors and consumers in the EV space. NIO is my favourite company both home and abroad, given its growth plans and a strong emphasis on building brand value. The current headwinds will be temporary, and growth will resume soon.</p><p><blockquote>总之，在这些价格上，《蔚来》是我最坚信的戏剧之一。鉴于投资者和消费者对电动汽车领域的兴趣不断增加，40美元/股是一个很好的积累空间。鉴于其增长计划和对建立品牌价值的高度重视，蔚来是我在国内外最喜欢的公司。目前的不利因素将是暂时的，增长将很快恢复。</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>NIO: Hop On For 100% Upside Potential<blockquote>蔚来：抓住100%的上涨潜力</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\">\nNIO: Hop On For 100% Upside Potential<blockquote>蔚来：抓住100%的上涨潜力</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Seeking Alpha</strong><span class=\"h-time small\">2021-11-03 17:39</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>NIO released disappointing October deliveries, despite strong demand.</li>  <li>Though there are short-term headwinds, NIO's long-term growth prospects continue to be good.</li>  <li>I estimate the stock could double in price in the next 2 years.</li> </ul> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/c0953fe30e0f3f44b551e2b2196bc0a4\" tg-width=\"1536\" tg-height=\"1152\" width=\"100%\" height=\"auto\"><span>Sezeryadigar/E+ via Getty Images</span></p><p><blockquote><ul><li>尽管需求强劲，蔚来公布的10月份交付量令人失望。</li><li>尽管存在短期阻力，但蔚来的长期增长前景仍然良好。</li><li>我估计该股的价格在未来两年内可能会翻倍。</li></ul><p class=\"t-img-caption\"><span>Sezeryadigar/E+来自Getty Images</span></p></blockquote></p><p> <b>Thesis Summary</b></p><p><blockquote><b>论文摘要</b></blockquote></p><p> NIO Inc. (NIO) is one of the fastest Chinese EV companies, with ambitious plans to expand globally. However, recent production figures for October have been unimpressive, sending the stock back under $40/share. But this does not change the long-term prospects of the company. I believe NIO’s shares could easily double in the next 12 months based on my valuation.</p><p><blockquote>蔚来（蔚来）是中国发展最快的电动汽车公司之一，有着雄心勃勃的全球扩张计划。然而，最近10月份的产量数据并不令人印象深刻，使该股回到40美元/股以下。但这并不能改变公司的长期前景。根据我的估值，我相信蔚来的股价在未来12个月内很容易翻倍。</blockquote></p><p> <b>Short-term headwinds</b></p><p><blockquote><b>短期不利因素</b></blockquote></p><p> NIO Inc. just reported its&nbsp;deliveries for October,leaving investors anything but pleased. Overall, the company delivered 3,6677 vehicles, which was down 27.5% YoY. Though these headline numbers are disappointing, they are not the result of a slump in demand, as much as what I consider to be temporary headwinds. NIO cited “restructuring and manufacturing of upgrade lines” as the main reasons behind the decrease in deliveries. This does seem like a compelling argument, especially when we consider that new orders reached an all-time high in October.</p><p><blockquote>蔚来刚刚公布了10月份的交付量，这让投资者一点也不高兴。总体而言，该公司交付了3,667 7辆汽车，同比下降27.5%。尽管这些总体数字令人失望，但它们并不是需求下滑的结果，而是我认为暂时的不利因素。蔚来将“重组和升级生产线的制造”列为交付量下降的主要原因。这看起来确实是一个令人信服的论点，尤其是当我们考虑到10月份新订单达到历史新高时。</blockquote></p><p> So the real question would be, how much of an impact will these manufacturing upgrades have? Will we see them affect next month's numbers? And is there more that the company might not be telling us?</p><p><blockquote>因此，真正的问题是，这些制造业升级会产生多大的影响？我们会看到它们影响下个月的数字吗？还有什么公司可能没有告诉我们的吗？</blockquote></p><p> It is important to point out that, whatever happened to NIO in the last month, seems to be an isolated event. Rivals like Li Auto (LI) and XPeng Inc. (XPEV) delivered&nbsp;month-on-month increases.Though chip shortages and'' supply constraints” have surely had an impact on all these companies, NIO’s rivals seem to have fared better. Having said that, I do believe NIO will overcome these short-term headwinds, and still holds the most promise looking forward.</p><p><blockquote>必须指出的是，无论蔚来上个月发生了什么，似乎都是一个孤立的事件。理想汽车（LI）和小鹏汽车（XPEV）等竞争对手环比增长。尽管芯片短缺和“供应限制”肯定对所有这些公司产生了影响，但蔚来的竞争对手似乎表现得更好。话虽如此，我确实相信蔚来将克服这些短期阻力，并且仍然充满希望。</blockquote></p><p> <b>Long-term tailwinds</b></p><p><blockquote><b>长期顺风</b></blockquote></p><p> Despite the poor monthly results, the long-term prospects of NIO remain attractive, nothing has changed there. The issue of manufacturing has been widely discussed since NIO doesn’t have its production facilities yet. However, back in May,NIO renewed its agreement&nbsp;with Jianghuai Automobile Group Co (JAC). Through this agreement, NIO expects to double its production, up to 240,000 units per year from now to 2024.</p><p><blockquote>尽管月度业绩不佳，但蔚来的长期前景仍然有吸引力，那里没有任何变化。由于蔚来还没有生产设施，制造问题一直被广泛讨论。然而，早在5月份，蔚来就与江淮汽车集团有限公司（JAC）续签了协议。通过这项协议，蔚来预计从现在到2024年将其产量翻一番，达到每年24万辆。</blockquote></p><p> More importantly though, NIO has even more ambitious plans in the future, since the company will be spearheading the construction of the Neo Park, an industrial cluster for EVs based in the city of Hefei.</p><p><blockquote>但更重要的是，蔚来未来还有更雄心勃勃的计划，因为该公司将牵头建设位于合肥市的电动汽车产业集群Neo Park。</blockquote></p><p>   Neo Park in the capital of Anhui province will have production capacities for one million electric cars and 100 GWh of batteries per year on an area of 11.3 square kilometres, as well as research and development facilities, according to Chinese media reports on the start of construction. More than 50,000 jobs are planned, including more than 10,000 in research and development. The initial investment is 50 billion yuan (about 6.4 billion euros).  Source:Electrive.com</p><p><blockquote>据中国媒体关于开工建设的报道，位于安徽省省会的Neo园区占地11.3平方公里，将拥有每年100万辆电动汽车和100 GWh电池的生产能力，以及研发设施。计划创造5万多个就业岗位，其中研发岗位1万多个。首期投资500亿元人民币（约合64亿欧元）。资料来源：Electrive.com</blockquote></p><p> For these reasons, I am not concerned when it comes to NIO’s long-term production capabilities.</p><p><blockquote>出于这些原因，我并不担心蔚来的长期生产能力。</blockquote></p><p> The other significant tailwind for NIO is its impending international expansion. NIO is already doing very well in China, as new orders are still holding strong even in October. It is true though that NIO faces intense competition in this area, few of the up and coming Chinese EV companies have any current plans for international expansion, which NIO does.</p><p><blockquote>蔚来的另一个重要推动力是其即将到来的国际扩张。蔚来在中国的表现已经非常好，即使在10月份，新订单仍然强劲。诚然，尽管蔚来在这一领域面临着激烈的竞争，但很少有新兴的中国电动汽车公司像蔚来那样有任何国际扩张计划。</blockquote></p><p> NIO&nbsp;launched its ES8 in Norway&nbsp;one month ago, on the 1st of October, and this might also be partly behind the recent slowdown in production. NIO has shifted its focus towards this region, as it seeks to get a foot into Europe’s largest EV market. NIO has also brought its “lifestyle brand” to Norway, opening up a NIO House in Oslo, and partnering up with two local artists, Anette Moi and Sandra Blikas, to launch its NIO Norway collection. The company plans to expand from Oslo and have 20 NIO Power stations in Oslo by the end of 2022. Though these are ambitious plans, it's important to note that revenues and sales from Norway are not expected to be sizable during this first phase.</p><p><blockquote>一个月前，即10月1日，蔚来在挪威推出了ES8，这可能也是最近挪威产量放缓的部分原因。蔚来已将重点转向该地区，寻求进军欧洲最大的电动汽车市场。蔚来还将其“生活方式品牌”带到了挪威，在奥斯陆开设了一家蔚来之家，并与两位当地艺术家Anette Moi和Sandra Blikas合作推出了其蔚来挪威系列。该公司计划从奥斯陆开始扩张，到2022年底在奥斯陆拥有20座蔚来发电站。尽管这些都是雄心勃勃的计划，但值得注意的是，在第一阶段，来自挪威的收入和销售额预计不会很大。</blockquote></p><p>   Regarding the delivery in Norway, we believe for this year, the contribution is not going to be that significant because our priority is to make sure we can ensure high user satisfaction in the Norway market by building our brand, expanding our sales and service network.  Source:William Bin Li, CEO, NIO Q2 2021 earnings conference call</p><p><blockquote>关于在挪威的交付，我们相信今年的贡献不会那么大，因为我们的首要任务是通过建立我们的品牌、扩大我们的销售和服务网络来确保挪威市场的高用户满意度。资料来源：蔚来首席执行官William Bin Li 2021年第二季度收益电话会议</blockquote></p><p> Ultimately though, NIO is laying the groundwork for prolonged long-term success, growing both its brand and production capacity.</p><p><blockquote>但最终，蔚来正在为长期成功奠定基础，发展其品牌和产能。</blockquote></p><p> <b>Valuation</b></p><p><blockquote><b>估值</b></blockquote></p><p></p><p> NIO is a fast-growing company in the EV sector, and while high revenue growth is expected, profitability is still far away. With that said, I believe the most adequate way to value such a company is by utilising a Price/Sales ratio. Using current analyst estimates from Seeking Alpha, and assuming a future rate of dilution and multiple, we can arrive at a target price for NIO.</p><p><blockquote>蔚来是电动汽车领域一家快速增长的公司，虽然预计收入将实现高增长，但盈利仍遥遥无期。也就是说，我认为对这样一家公司进行估值最合适的方法是利用市销率。使用Seeking Alpha当前分析师的估计，并假设未来的稀释率和倍数，我们可以得出蔚来的目标价格。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/a669b2529a958cabb360b2325d1781a2\" tg-width=\"1280\" tg-height=\"612\" width=\"100%\" height=\"auto\"><span>Source: Seeking Alpha</span></p><p><blockquote><p class=\"t-img-caption\"><span>资料来源：寻求阿尔法</span></p></blockquote></p><p> Let’s take the year 2023, which has estimates by 20 analysts, giving us a reasonable margin of safety. Estimates for 2023 range from $10,66B to $17,61B. I’ll use a conservative middle range number of $14B. December 2022 is about 2 years away, so we should also take into account some share dilution. Let’s assume a generous 6% rate of dilution, putting NIO’s outstanding shares close to 2B. Assuming a P/S ratio of 12, slightly below today’s, we would achieve a target price of $84/share. This is over twice today’s price, a 100% possible gain in slightly over two years.</p><p><blockquote>以2023年为例，20位分析师对2023年进行了预测，为我们提供了合理的安全边际。2023年的预测范围为$10, 66B至$17, 61B。我将使用保守的中值140亿美元。距离2022年12月还有2年左右的时间，所以我们也应该考虑到一些股份稀释。让我们假设6%的稀释率，使蔚来的流通股接近2B。假设市盈率为12，略低于今天，我们将实现84美元/股的目标价。这是今天价格的两倍多，在两年多一点的时间里可能会上涨100%。</blockquote></p><p> <b>Risks</b></p><p><blockquote><b>风险</b></blockquote></p><p> Although I am bullish on NIO and the EV sector, there are important risk factors that we must take into account.</p><p><blockquote>尽管我看好蔚来和电动汽车行业，但我们必须考虑一些重要的风险因素。</blockquote></p><p> For starters, there is the persistent threat of chip shortages. CNBC recently reported that the shortage could last until 2023, which would certainly put a dampener on worldwide production.</p><p><blockquote>首先，芯片短缺的威胁持续存在。CNBC最近报道称，短缺可能会持续到2023年，这肯定会抑制全球生产。</blockquote></p><p> Another important but less discussed issue, though, is the fact that large quantities of lithium are required to produce the batteries that power EVs. In the last year, lithium prices&nbsp;have more than quadrupled, and this may become an issue moving forward. Higher lithium prices will either limit production or hurt margins, neither of which is a good outcome for EV makers.</p><p><blockquote>然而，另一个重要但较少讨论的问题是，生产电动汽车动力电池需要大量锂。去年，锂价上涨了四倍多，这可能会成为未来的一个问题。锂价上涨要么会限制产量，要么会损害利润率，这对电动汽车制造商来说都不是一个好结果。</blockquote></p><p> Lastly, NIO, together with other Chinese EV companies, may&nbsp;faces the&nbsp;threat of regulation. </p><p><blockquote>最后，蔚来和其他中国电动汽车公司可能面临监管的威胁。</blockquote></p><p> <b>Takeaway</b></p><p><blockquote><b>外卖</b></blockquote></p><p> In conclusion, NIO is at these prices one of my highest conviction plays. $40/share is a great place to accumulate given the increased interest by both investors and consumers in the EV space. NIO is my favourite company both home and abroad, given its growth plans and a strong emphasis on building brand value. The current headwinds will be temporary, and growth will resume soon.</p><p><blockquote>总之，在这些价格上，《蔚来》是我最坚信的戏剧之一。鉴于投资者和消费者对电动汽车领域的兴趣不断增加，40美元/股是一个很好的积累空间。鉴于其增长计划和对建立品牌价值的高度重视，蔚来是我在国内外最喜欢的公司。目前的不利因素将是暂时的，增长将很快恢复。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://seekingalpha.com/article/4464339-nio-hop-on-for-100-percent-upside-potential\">Seeking Alpha</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NIO":"蔚来"},"source_url":"https://seekingalpha.com/article/4464339-nio-hop-on-for-100-percent-upside-potential","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1194982054","content_text":"Summary\n\nNIO released disappointing October deliveries, despite strong demand.\nThough there are short-term headwinds, NIO's long-term growth prospects continue to be good.\nI estimate the stock could double in price in the next 2 years.\n\nSezeryadigar/E+ via Getty Images\nThesis Summary\nNIO Inc. (NIO) is one of the fastest Chinese EV companies, with ambitious plans to expand globally. However, recent production figures for October have been unimpressive, sending the stock back under $40/share. But this does not change the long-term prospects of the company. I believe NIO’s shares could easily double in the next 12 months based on my valuation.\nShort-term headwinds\nNIO Inc. just reported its deliveries for October,leaving investors anything but pleased. Overall, the company delivered 3,6677 vehicles, which was down 27.5% YoY. Though these headline numbers are disappointing, they are not the result of a slump in demand, as much as what I consider to be temporary headwinds. NIO cited “restructuring and manufacturing of upgrade lines” as the main reasons behind the decrease in deliveries. This does seem like a compelling argument, especially when we consider that new orders reached an all-time high in October.\nSo the real question would be, how much of an impact will these manufacturing upgrades have? Will we see them affect next month's numbers? And is there more that the company might not be telling us?\nIt is important to point out that, whatever happened to NIO in the last month, seems to be an isolated event. Rivals like Li Auto (LI) and XPeng Inc. (XPEV) delivered month-on-month increases.Though chip shortages and'' supply constraints” have surely had an impact on all these companies, NIO’s rivals seem to have fared better. Having said that, I do believe NIO will overcome these short-term headwinds, and still holds the most promise looking forward.\nLong-term tailwinds\nDespite the poor monthly results, the long-term prospects of NIO remain attractive, nothing has changed there. The issue of manufacturing has been widely discussed since NIO doesn’t have its production facilities yet. However, back in May,NIO renewed its agreement with Jianghuai Automobile Group Co (JAC). Through this agreement, NIO expects to double its production, up to 240,000 units per year from now to 2024.\nMore importantly though, NIO has even more ambitious plans in the future, since the company will be spearheading the construction of the Neo Park, an industrial cluster for EVs based in the city of Hefei.\n\n Neo Park in the capital of Anhui province will have production capacities for one million electric cars and 100 GWh of batteries per year on an area of 11.3 square kilometres, as well as research and development facilities, according to Chinese media reports on the start of construction. More than 50,000 jobs are planned, including more than 10,000 in research and development. The initial investment is 50 billion yuan (about 6.4 billion euros).\n\nSource:Electrive.com\nFor these reasons, I am not concerned when it comes to NIO’s long-term production capabilities.\nThe other significant tailwind for NIO is its impending international expansion. NIO is already doing very well in China, as new orders are still holding strong even in October. It is true though that NIO faces intense competition in this area, few of the up and coming Chinese EV companies have any current plans for international expansion, which NIO does.\nNIO launched its ES8 in Norway one month ago, on the 1st of October, and this might also be partly behind the recent slowdown in production. NIO has shifted its focus towards this region, as it seeks to get a foot into Europe’s largest EV market. NIO has also brought its “lifestyle brand” to Norway, opening up a NIO House in Oslo, and partnering up with two local artists, Anette Moi and Sandra Blikas, to launch its NIO Norway collection. The company plans to expand from Oslo and have 20 NIO Power stations in Oslo by the end of 2022. Though these are ambitious plans, it's important to note that revenues and sales from Norway are not expected to be sizable during this first phase.\n\n Regarding the delivery in Norway, we believe for this year, the contribution is not going to be that significant because our priority is to make sure we can ensure high user satisfaction in the Norway market by building our brand, expanding our sales and service network.\n\nSource:William Bin Li, CEO, NIO Q2 2021 earnings conference call\nUltimately though, NIO is laying the groundwork for prolonged long-term success, growing both its brand and production capacity.\nValuation\nNIO is a fast-growing company in the EV sector, and while high revenue growth is expected, profitability is still far away. With that said, I believe the most adequate way to value such a company is by utilising a Price/Sales ratio. Using current analyst estimates from Seeking Alpha, and assuming a future rate of dilution and multiple, we can arrive at a target price for NIO.\nSource: Seeking Alpha\nLet’s take the year 2023, which has estimates by 20 analysts, giving us a reasonable margin of safety. Estimates for 2023 range from $10,66B to $17,61B. I’ll use a conservative middle range number of $14B. December 2022 is about 2 years away, so we should also take into account some share dilution. Let’s assume a generous 6% rate of dilution, putting NIO’s outstanding shares close to 2B. Assuming a P/S ratio of 12, slightly below today’s, we would achieve a target price of $84/share. This is over twice today’s price, a 100% possible gain in slightly over two years.\nRisks\nAlthough I am bullish on NIO and the EV sector, there are important risk factors that we must take into account.\nFor starters, there is the persistent threat of chip shortages. CNBC recently reported that the shortage could last until 2023, which would certainly put a dampener on worldwide production.\nAnother important but less discussed issue, though, is the fact that large quantities of lithium are required to produce the batteries that power EVs. In the last year, lithium prices have more than quadrupled, and this may become an issue moving forward. Higher lithium prices will either limit production or hurt margins, neither of which is a good outcome for EV makers.\nLastly, NIO, together with other Chinese EV companies, may faces the threat of regulation. \nTakeaway\nIn conclusion, NIO is at these prices one of my highest conviction plays. $40/share is a great place to accumulate given the increased interest by both investors and consumers in the EV space. NIO is my favourite company both home and abroad, given its growth plans and a strong emphasis on building brand value. The current headwinds will be temporary, and growth will resume soon.","news_type":1,"symbols_score_info":{"NIO":0.9}},"isVote":1,"tweetType":1,"viewCount":2237,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":852692430,"gmtCreate":1635260622710,"gmtModify":1635260623052,"author":{"id":"3576061323846814","authorId":"3576061323846814","name":"YinTing","avatar":"https://static.tigerbbs.com/a28f0c9c918d2ce99c3d3f9eee4309fa","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3576061323846814","idStr":"3576061323846814"},"themes":[],"htmlText":"Stonks","listText":"Stonks","text":"Stonks","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/852692430","repostId":"1162656497","repostType":4,"repost":{"id":"1162656497","kind":"news","pubTimestamp":1635260269,"share":"https://www.laohu8.com/m/news/1162656497?lang=zh_CN&edition=full","pubTime":"2021-10-26 22:57","market":"us","language":"en","title":"Robinhood earnings: Here's what to expect<blockquote>Robinhood收益：以下是预期</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1162656497","media":"finance.yahoo","summary":"Robinhood (HOOD) will report earnings on Tuesday after the closing bell. These are the metrics Wall ","content":"<p>Robinhood (HOOD) will report earnings on Tuesday after the closing bell. These are the metrics Wall Street analysts will be expecting for the investing app’s third quarter results, according to consensus estimates compiled by Bloomberg.</p><p><blockquote>Robinhood(HOOD)将于周二收盘后公布收益。根据彭博社编制的共识估计，这些是华尔街分析师对该投资应用第三季度业绩的预期指标。</blockquote></p><p> <ul>  <li>Adjusted loss per share: 85 cents</p><p><blockquote><ul><li>调整后每股亏损：85美分</li></ul></blockquote></p><p></li>  <li>Revenue: $423.9 million versus</p><p><blockquote><li>收入：4.239亿美元</li></blockquote></p><p></li> </ul> Investors will be paying attention to commentary around the company's recently announced crypto wallet. CEO Vlad Tenev recently told CNBC more than 1 million people are on the waiting list since announcing the wallet last month.</p><p><blockquote>投资者将关注有关该公司最近宣布的加密钱包的评论。首席执行官Vlad Tenev最近告诉CNBC，自上个月宣布推出钱包以来，已有超过100万人在等待名单上。</blockquote></p><p> Cryptocurrency has becoming increasingly important for the trading platform.More than 60% of Robinhood users traded digital currencies in Q2.&nbsp;Crypto transaction-based revenue for the quarter ballooned to $233 million, compared to just $5 million in the second quarter of last year.</p><p><blockquote>加密货币对于交易平台来说变得越来越重要。超过60%的Robinhood用户在第二季度交易了数字货币。该季度基于加密货币交易的收入飙升至2.33亿美元，而去年第二季度仅为500万美元。</blockquote></p><p> Investors will also keep an eye out on any commentary about payment for order flow, the model which has enabled zero-commission trades from the likes of Robinhood and other investing apps.</p><p><blockquote>投资者还将密切关注有关订单流支付的任何评论，这种模式使Robinhood和其他投资应用程序等实现了零佣金交易。</blockquote></p><p> The U.S. Securities and Exchange Commission (SEC) chair Gary Gensler&nbsp;told Yahoo Financebanning the practice is a possibility.</p><p><blockquote>美国证券交易委员会（SEC）主席加里·詹斯勒（Gary Gensler）告诉雅虎财经，禁止这种做法是有可能的。</blockquote></p><p> Gensler said \"inherent conflicts\" in the payment for order revenue model may incentivize brokerages togamify stock betting to increase the volume of trading.</p><p><blockquote>Gensler表示，订单支付收入模式中的“固有冲突”可能会激励券商将股票投注游戏化，以增加交易量。</blockquote></p><p> Robinhood has been moving away from payment for order flow as a revenue generator.</p><p><blockquote>Robinhood已经不再将订单流支付作为收入来源。</blockquote></p><p> \"Over time, as our various products achieve maturity, you should see continued diversification and less reliance on any one revenue stream, such as payment for order flow,\" Robinhood CFO Jason Warnick said during the company's second quarter earnings call.</p><p><blockquote>Robinhood首席财务官Jason Warnick在公司第二季度财报看涨期权上表示：“随着时间的推移，随着我们各种产品的成熟，你应该会看到持续的多元化，减少对任何一种收入来源的依赖，例如订单流支付。”</blockquote></p><p> \"We are already seeing promising signs of this in Q2 with payment for order flow for equities and options as a percentage of our revenue, declining the 38% from 64% in the prior quarter as customer interest in crypto increased,\" he added.</p><p><blockquote>他补充道：“随着客户对加密货币兴趣的增加，我们在第二季度已经看到了令人鼓舞的迹象，股票和期权订单流支付占我们收入的百分比从上一季度的64%下降到38%。”</blockquote></p><p> Investors can expect lower trading activity for the 3rd quarter as the company has warned of \"seasonal headwinds\" across the industry going into the second half of the year, which could result in \"lower revenues and considerably fewer new funded accounts.\"</p><p><blockquote>投资者预计第三季度的交易活动将会减少，因为该公司警告称，今年下半年整个行业将出现“季节性阻力”，这可能会导致“收入下降和新资金账户大幅减少”。</blockquote></p><p> Robinhood went public on the Nasdaq (^IXIC) on July 28th with&nbsp;an IPO price of $38/share. The app was whirled into the GameStop (GME)saga earlier this year&nbsp;as so many retail traders were using Robinhood to execute their orders. Shares were trading around $39 each on Monday.</p><p><blockquote>Robinhood于7月28日在纳斯达克（^IXIC）上市，IPO价格为38美元/股。今年早些时候，由于许多零售交易者使用Robinhood执行订单，该应用程序被卷入了游戏驿站(GME)传奇。周一股价约为每股39美元。</blockquote></p><p></p>","source":"lsy1612507957220","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>Robinhood earnings: Here's what to expect<blockquote>Robinhood收益：以下是预期</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\">\nRobinhood earnings: Here's what to expect<blockquote>Robinhood收益：以下是预期</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">finance.yahoo</strong><span class=\"h-time small\">2021-10-26 22:57</span>\n</p>\n</h4>\n</header>\n<article>\n<p>Robinhood (HOOD) will report earnings on Tuesday after the closing bell. These are the metrics Wall Street analysts will be expecting for the investing app’s third quarter results, according to consensus estimates compiled by Bloomberg.</p><p><blockquote>Robinhood(HOOD)将于周二收盘后公布收益。根据彭博社编制的共识估计，这些是华尔街分析师对该投资应用第三季度业绩的预期指标。</blockquote></p><p> <ul>  <li>Adjusted loss per share: 85 cents</p><p><blockquote><ul><li>调整后每股亏损：85美分</li></ul></blockquote></p><p></li>  <li>Revenue: $423.9 million versus</p><p><blockquote><li>收入：4.239亿美元</li></blockquote></p><p></li> </ul> Investors will be paying attention to commentary around the company's recently announced crypto wallet. CEO Vlad Tenev recently told CNBC more than 1 million people are on the waiting list since announcing the wallet last month.</p><p><blockquote>投资者将关注有关该公司最近宣布的加密钱包的评论。首席执行官Vlad Tenev最近告诉CNBC，自上个月宣布推出钱包以来，已有超过100万人在等待名单上。</blockquote></p><p> Cryptocurrency has becoming increasingly important for the trading platform.More than 60% of Robinhood users traded digital currencies in Q2.&nbsp;Crypto transaction-based revenue for the quarter ballooned to $233 million, compared to just $5 million in the second quarter of last year.</p><p><blockquote>加密货币对于交易平台来说变得越来越重要。超过60%的Robinhood用户在第二季度交易了数字货币。该季度基于加密货币交易的收入飙升至2.33亿美元，而去年第二季度仅为500万美元。</blockquote></p><p> Investors will also keep an eye out on any commentary about payment for order flow, the model which has enabled zero-commission trades from the likes of Robinhood and other investing apps.</p><p><blockquote>投资者还将密切关注有关订单流支付的任何评论，这种模式使Robinhood和其他投资应用程序等实现了零佣金交易。</blockquote></p><p> The U.S. Securities and Exchange Commission (SEC) chair Gary Gensler&nbsp;told Yahoo Financebanning the practice is a possibility.</p><p><blockquote>美国证券交易委员会（SEC）主席加里·詹斯勒（Gary Gensler）告诉雅虎财经，禁止这种做法是有可能的。</blockquote></p><p> Gensler said \"inherent conflicts\" in the payment for order revenue model may incentivize brokerages togamify stock betting to increase the volume of trading.</p><p><blockquote>Gensler表示，订单支付收入模式中的“固有冲突”可能会激励券商将股票投注游戏化，以增加交易量。</blockquote></p><p> Robinhood has been moving away from payment for order flow as a revenue generator.</p><p><blockquote>Robinhood已经不再将订单流支付作为收入来源。</blockquote></p><p> \"Over time, as our various products achieve maturity, you should see continued diversification and less reliance on any one revenue stream, such as payment for order flow,\" Robinhood CFO Jason Warnick said during the company's second quarter earnings call.</p><p><blockquote>Robinhood首席财务官Jason Warnick在公司第二季度财报看涨期权上表示：“随着时间的推移，随着我们各种产品的成熟，你应该会看到持续的多元化，减少对任何一种收入来源的依赖，例如订单流支付。”</blockquote></p><p> \"We are already seeing promising signs of this in Q2 with payment for order flow for equities and options as a percentage of our revenue, declining the 38% from 64% in the prior quarter as customer interest in crypto increased,\" he added.</p><p><blockquote>他补充道：“随着客户对加密货币兴趣的增加，我们在第二季度已经看到了令人鼓舞的迹象，股票和期权订单流支付占我们收入的百分比从上一季度的64%下降到38%。”</blockquote></p><p> Investors can expect lower trading activity for the 3rd quarter as the company has warned of \"seasonal headwinds\" across the industry going into the second half of the year, which could result in \"lower revenues and considerably fewer new funded accounts.\"</p><p><blockquote>投资者预计第三季度的交易活动将会减少，因为该公司警告称，今年下半年整个行业将出现“季节性阻力”，这可能会导致“收入下降和新资金账户大幅减少”。</blockquote></p><p> Robinhood went public on the Nasdaq (^IXIC) on July 28th with&nbsp;an IPO price of $38/share. The app was whirled into the GameStop (GME)saga earlier this year&nbsp;as so many retail traders were using Robinhood to execute their orders. Shares were trading around $39 each on Monday.</p><p><blockquote>Robinhood于7月28日在纳斯达克（^IXIC）上市，IPO价格为38美元/股。今年早些时候，由于许多零售交易者使用Robinhood执行订单，该应用程序被卷入了游戏驿站(GME)传奇。周一股价约为每股39美元。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://finance.yahoo.com/news/robinhood-earnings-143941630.html\">finance.yahoo</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":{"HOOD":"Robinhood"},"source_url":"https://finance.yahoo.com/news/robinhood-earnings-143941630.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1162656497","content_text":"Robinhood (HOOD) will report earnings on Tuesday after the closing bell. These are the metrics Wall Street analysts will be expecting for the investing app’s third quarter results, according to consensus estimates compiled by Bloomberg.\n\nAdjusted loss per share: 85 cents\nRevenue: $423.9 million versus\n\nInvestors will be paying attention to commentary around the company's recently announced crypto wallet. CEO Vlad Tenev recently told CNBC more than 1 million people are on the waiting list since announcing the wallet last month.\nCryptocurrency has becoming increasingly important for the trading platform.More than 60% of Robinhood users traded digital currencies in Q2. Crypto transaction-based revenue for the quarter ballooned to $233 million, compared to just $5 million in the second quarter of last year.\nInvestors will also keep an eye out on any commentary about payment for order flow, the model which has enabled zero-commission trades from the likes of Robinhood and other investing apps.\nThe U.S. Securities and Exchange Commission (SEC) chair Gary Gensler told Yahoo Financebanning the practice is a possibility.\nGensler said \"inherent conflicts\" in the payment for order revenue model may incentivize brokerages togamify stock betting to increase the volume of trading.\nRobinhood has been moving away from payment for order flow as a revenue generator.\n\"Over time, as our various products achieve maturity, you should see continued diversification and less reliance on any one revenue stream, such as payment for order flow,\" Robinhood CFO Jason Warnick said during the company's second quarter earnings call.\n\"We are already seeing promising signs of this in Q2 with payment for order flow for equities and options as a percentage of our revenue, declining the 38% from 64% in the prior quarter as customer interest in crypto increased,\" he added.\nInvestors can expect lower trading activity for the 3rd quarter as the company has warned of \"seasonal headwinds\" across the industry going into the second half of the year, which could result in \"lower revenues and considerably fewer new funded accounts.\"\nRobinhood went public on the Nasdaq (^IXIC) on July 28th with an IPO price of $38/share. The app was whirled into the GameStop (GME)saga earlier this year as so many retail traders were using Robinhood to execute their orders. Shares were trading around $39 each on Monday.","news_type":1,"symbols_score_info":{"HOOD":0.9}},"isVote":1,"tweetType":1,"viewCount":3032,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":856685999,"gmtCreate":1635173628631,"gmtModify":1635173855099,"author":{"id":"3576061323846814","authorId":"3576061323846814","name":"YinTing","avatar":"https://static.tigerbbs.com/a28f0c9c918d2ce99c3d3f9eee4309fa","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3576061323846814","idStr":"3576061323846814"},"themes":[],"htmlText":"Good","listText":"Good","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/856685999","repostId":"2178991421","repostType":4,"isVote":1,"tweetType":1,"viewCount":1896,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":817866987,"gmtCreate":1630932478649,"gmtModify":1632905089457,"author":{"id":"3576061323846814","authorId":"3576061323846814","name":"YinTing","avatar":"https://static.tigerbbs.com/a28f0c9c918d2ce99c3d3f9eee4309fa","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3576061323846814","idStr":"3576061323846814"},"themes":[],"htmlText":"To keep stable supply&nbsp;","listText":"To keep stable supply&nbsp;","text":"To keep stable supply","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":9,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/817866987","repostId":"1121396906","repostType":4,"isVote":1,"tweetType":1,"viewCount":1323,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":814587371,"gmtCreate":1630845543293,"gmtModify":1631883982121,"author":{"id":"3576061323846814","authorId":"3576061323846814","name":"YinTing","avatar":"https://static.tigerbbs.com/a28f0c9c918d2ce99c3d3f9eee4309fa","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3576061323846814","idStr":"3576061323846814"},"themes":[],"htmlText":"Just keep buying&nbsp;","listText":"Just keep buying&nbsp;","text":"Just keep buying","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/814587371","repostId":"1168498795","repostType":4,"repost":{"id":"1168498795","kind":"news","pubTimestamp":1630655991,"share":"https://www.laohu8.com/m/news/1168498795?lang=zh_CN&edition=full","pubTime":"2021-09-03 15:59","market":"us","language":"en","title":"Speak No Evil of the S&P 500’s Neverending Records<blockquote>不要说标普500永无止境的记录的坏话</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1168498795","media":"The Wall Street Journal","summary":"Investors buying stocks no matter what shouldn’t fool themselves that the future will deliver the ch","content":"<p>  <b>Investors buying stocks no matter what shouldn’t fool themselves that the future will deliver the chunky returns of the past decade.</b>  <img src=\"https://static.tigerbbs.com/6573eb955692f754acc1285622febd53\" tg-width=\"878\" tg-height=\"520\" width=\"100%\" height=\"auto\">The S&amp;P 500 is like the three wise monkeys: See no evil, hear no evil, speak no evil.Whatever happens, it just goes up. The market has gone up almost in a straight line since November despite a troubling list of events that could each have justified at least a 5% correction. Investors are incredibly resilient.</p><p><blockquote><b>无论如何购买股票的投资者都不应该自欺欺人地认为未来将带来过去十年的丰厚回报。</b>标普500就像三只聪明的猴子：不看邪恶，不听邪恶，不说邪恶。无论发生什么，它都会上升。自11月以来，市场几乎直线上涨，尽管发生了一系列令人不安的事件，每个事件都可能证明至少5%的回调是合理的。投资者的韧性令人难以置信。</blockquote></p><p> Some things that didn’t matter:a burst bubble in clean-energy stocks;a sharp rise in Treasury yields(to March);a big fall in Treasury yields(since March); China’s crackdown on moneymaking; the Federal Reserve’sshift toward tapering bond purchases; and the rise of the Delta variant.</p><p><blockquote>一些无关紧要的事情：清洁能源股票泡沫破裂；国债收益率大幅上升（至3月）；国债收益率大幅下跌（自3月以来）；我国关于赚钱的打压；美联储转向缩减债券购买；以及德尔塔变异毒株的崛起。</blockquote></p><p> On the optimistic side, it is great that the market has been pushed up by a variety of forces, not by wild excess in a single area. We need not worry that the bubble in clean energy will burst and bring down the market, because it has already burst without bringing down the market.</p><p><blockquote>乐观的一面是，市场被多种力量推高，而不是单一地区的疯狂过剩，这很好。我们不必担心清洁能源的泡沫会破裂，拖垮市场，因为它已经破裂了，没有拖垮市场。</blockquote></p><p> Throughout all this, the stock market has risen steadily,without a 5% fall since shortly before the election last year. Every time part of the market—technology stocks, cheap stocks, smaller stocks, oil stocks, strong-balance-sheet stocks—stops performing, something else steps in to rescue the broader index. The market seems invulnerable to bad news, and that is unusual. On the face of it, it is also scary, suggesting investors are complacent about danger.</p><p><blockquote>纵观这一切，股市稳步上涨，自去年大选前不久以来没有出现过5%的下跌。每当市场的一部分——科技股、廉价股、小型股、石油股、资产负债表强劲的股票——停止表现时，就会有其他东西介入拯救更广泛的指数。市场似乎不会受到坏消息的影响，这是不寻常的。从表面上看，这也很可怕，表明投资者对危险沾沾自喜。</blockquote></p><p> It is far from unprecedented to go a long time without a correction, with 10 episodes since 1963 when the market lasted more than 200 trading days without a 5% drop. But they were different from the recent run. In every other case, the market was far calmer below the surface. This time, major events led to big swings between sectors, size and types of stock, but none disturbed its steady rise.</p><p><blockquote>长时间没有回调的情况远非史无前例，自1963年以来，市场持续200多个交易日没有下跌5%以来，已经出现了10次。但它们与最近的运行不同。在其他情况下，市场在表面之下要平静得多。这一次，重大事件导致板块、规模和股票类型之间的大幅波动，但都没有干扰其稳步上涨。</blockquote></p><p> Similarly, the stimulus- and vaccine-driven willingness to take risk across every asset class faded from March onward, so we shouldn’t be too concerned about a switch in investor sentiment. Again, it has already happened.</p><p><blockquote>同样，从3月份开始，刺激和疫苗驱动的所有资产类别的冒险意愿都减弱了，因此我们不应该太担心投资者情绪的转变。再说一次，这已经发生了。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/7d8b995934c7f60fadb5834dd078e232\" tg-width=\"320\" tg-height=\"412\" width=\"100%\" height=\"auto\">Yet,I find it disconcerting that the market seems to go up no matter what. Good news on the economy pushes up stocks sensitive to growth, such as manufacturers and banks. Troubling news on the economy means lower bond yields and so pushes up stocks with profits far in the future (see: Big Tech) whose expansion depends on innovation rather than economic growth, which I understand. That both should push up the wider S&amp;P 500 is what puzzles me.</p><p><blockquote>然而，令我不安的是，无论如何，市场似乎都在上涨。经济方面的好消息推高了对增长敏感的股票，如制造商和银行。令人不安的经济消息意味着债券收益率下降，从而推高未来盈利的股票（见：大型科技公司），这些股票的扩张依赖于创新而不是经济增长，我理解这一点。两者都应该推高更广泛的标普500，这让我感到困惑。</blockquote></p><p> The only explanation I have is the old one: “TINA”—There Is No Alternative to Stocks—because yields on alternatives such as bonds are so low. With more savings going into stocks than is cashed out or soaked up by IPOs, the price has to rise. It isn’t a satisfactory story, but it kind of works.</p><p><blockquote>我唯一的解释是旧的：“蒂娜”——除了股票别无选择——因为债券等替代品的收益率太低了。随着更多的储蓄进入股票，而不是通过IPO套现或吸收的储蓄，价格必须上涨。这不是一个令人满意的故事，但它有点工作。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/37942e27b25662943d254580733d2954\" tg-width=\"325\" tg-height=\"413\" width=\"100%\" height=\"auto\">In both good and bad times investors want to buy stocks, so the S&amp;P goes up. But<i>which</i>stocks they choose to buy differs between good and bad times. In good times they want risk-on stocks (cheap value, cyclicals, smaller companies, emerging markets). In bad times they want risk-off stocks (growth, defensive firms, larger companies, developed markets and especially the U.S.).</p><p><blockquote>无论顺境还是逆境，投资者都想购买股票，因此标准普尔指数都会上涨。但<i>哪个</i>他们选择购买的股票在顺境和逆境之间有所不同。在繁荣时期，他们想要冒险的股票（便宜的价值、周期性股票、小公司、新兴市场）。在经济不景气时，他们想要避险股票（成长型、防御型公司、大型公司、发达市场，尤其是美国）。</blockquote></p><p> The problem with TINA is that the justification for stocks isn’t that they offer good returns in the future, but that they offer better returns than bonds. Bonds offer miserable returns—a guaranteed loss after inflation for 30 years on Treasury inflation-protected securities—so doing better than that isn’t saying much. If lower rewards came with lower risks, that would be fine, but at best the risks are as high as ever, perhaps much higher.</p><p><blockquote>蒂娜的问题在于，股票的理由不是它们在未来提供良好的回报，而是它们提供比债券更好的回报。债券的回报率很低——通胀保值国债30年通胀后肯定会出现亏损——所以做得更好并不能说明什么。如果较低的回报伴随着较低的风险，那很好，但充其量风险和以往一样高，甚至可能高得多。</blockquote></p><p> A simplistic way to quantify how much lower the rewards of stocks are likely to be is to use the earnings yield, the inverse of the forward price/earnings ratio. If companies match analyst profit forecasts, future returns should be about 4%—only slightly higher than was suggested by the measure at the height of the dot-com bubble in 2000. If corporate earnings miss forecasts, future returns could be substantially lower. If valuations fall too, returns are doubly hit, as they were after the dot-com bubble burst, when returns ended up negative for years.</p><p><blockquote>量化股票回报可能低多少的一个简单方法是使用收益率，即远期市盈率的倒数。如果公司符合分析师的利润预测，未来的回报率应该在4%左右——仅略高于2000年互联网泡沫最严重时的指标。如果企业盈利低于预期，未来的回报可能会大幅降低。如果估值也下跌，回报就会受到双重打击，就像互联网泡沫破裂后那样，当时回报多年来一直为负。</blockquote></p><p></p><p> Quantifying risks is much harder. Inflation risk is higher than before, and so are political (tax and regulation) and geopolitical (trade and supply chain) threats to stocks. The risk that analysts have horribly overestimated earnings or companies are massively overstating earnings is at least as high as usual. Central banks are sure to try to help if stocks plunge, but can’t use the traditional support of rate cuts. Alternative tools such as negative rates and buying a wider range of assets are available, but their risks are less well understood.</p><p><blockquote>量化风险要困难得多。通胀风险比以前更高，对股市的政治（税收和监管）和地缘政治（贸易和供应链）威胁也是如此。分析师严重高估收益或公司大幅夸大收益的风险至少和往常一样高。如果股市暴跌，央行肯定会尽力提供帮助，但不能使用降息的传统支持。负利率和购买更广泛的资产等替代工具是可用的，但其风险却不太为人所知。</blockquote></p><p> Getting a lower reward for the same or higher risk may still be acceptable, given how expensive the safer alternatives are. But investors buying stocks no matter what shouldn’t fool themselves that the future will deliver the 6.5% or so above inflation of the past century, let alone the 12% above inflation of the past decade.</p><p><blockquote>考虑到更安全的替代品的昂贵程度，以相同或更高的风险获得较低的回报可能仍然是可以接受的。但无论如何购买股票的投资者都不应该自欺欺人地认为，未来的通胀率将比上个世纪高出6.5%左右，更不用说比过去十年的通胀率高出12%了。</blockquote></p><p> The awful choice investors have is to join the monkeys in pretending all is well, or accept the terrible returns of safe assets.</p><p><blockquote>投资者面临的可怕选择是加入猴子的行列，假装一切都很好，或者接受安全资产的可怕回报。</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>Speak No Evil of the S&P 500’s Neverending Records<blockquote>不要说标普500永无止境的记录的坏话</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\">\nSpeak No Evil of the S&P 500’s Neverending Records<blockquote>不要说标普500永无止境的记录的坏话</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">The Wall Street Journal</strong><span class=\"h-time small\">2021-09-03 15:59</span>\n</p>\n</h4>\n</header>\n<article>\n<p>  <b>Investors buying stocks no matter what shouldn’t fool themselves that the future will deliver the chunky returns of the past decade.</b>  <img src=\"https://static.tigerbbs.com/6573eb955692f754acc1285622febd53\" tg-width=\"878\" tg-height=\"520\" width=\"100%\" height=\"auto\">The S&amp;P 500 is like the three wise monkeys: See no evil, hear no evil, speak no evil.Whatever happens, it just goes up. The market has gone up almost in a straight line since November despite a troubling list of events that could each have justified at least a 5% correction. Investors are incredibly resilient.</p><p><blockquote><b>无论如何购买股票的投资者都不应该自欺欺人地认为未来将带来过去十年的丰厚回报。</b>标普500就像三只聪明的猴子：不看邪恶，不听邪恶，不说邪恶。无论发生什么，它都会上升。自11月以来，市场几乎直线上涨，尽管发生了一系列令人不安的事件，每个事件都可能证明至少5%的回调是合理的。投资者的韧性令人难以置信。</blockquote></p><p> Some things that didn’t matter:a burst bubble in clean-energy stocks;a sharp rise in Treasury yields(to March);a big fall in Treasury yields(since March); China’s crackdown on moneymaking; the Federal Reserve’sshift toward tapering bond purchases; and the rise of the Delta variant.</p><p><blockquote>一些无关紧要的事情：清洁能源股票泡沫破裂；国债收益率大幅上升（至3月）；国债收益率大幅下跌（自3月以来）；我国关于赚钱的打压；美联储转向缩减债券购买；以及德尔塔变异毒株的崛起。</blockquote></p><p> On the optimistic side, it is great that the market has been pushed up by a variety of forces, not by wild excess in a single area. We need not worry that the bubble in clean energy will burst and bring down the market, because it has already burst without bringing down the market.</p><p><blockquote>乐观的一面是，市场被多种力量推高，而不是单一地区的疯狂过剩，这很好。我们不必担心清洁能源的泡沫会破裂，拖垮市场，因为它已经破裂了，没有拖垮市场。</blockquote></p><p> Throughout all this, the stock market has risen steadily,without a 5% fall since shortly before the election last year. Every time part of the market—technology stocks, cheap stocks, smaller stocks, oil stocks, strong-balance-sheet stocks—stops performing, something else steps in to rescue the broader index. The market seems invulnerable to bad news, and that is unusual. On the face of it, it is also scary, suggesting investors are complacent about danger.</p><p><blockquote>纵观这一切，股市稳步上涨，自去年大选前不久以来没有出现过5%的下跌。每当市场的一部分——科技股、廉价股、小型股、石油股、资产负债表强劲的股票——停止表现时，就会有其他东西介入拯救更广泛的指数。市场似乎不会受到坏消息的影响，这是不寻常的。从表面上看，这也很可怕，表明投资者对危险沾沾自喜。</blockquote></p><p> It is far from unprecedented to go a long time without a correction, with 10 episodes since 1963 when the market lasted more than 200 trading days without a 5% drop. But they were different from the recent run. In every other case, the market was far calmer below the surface. This time, major events led to big swings between sectors, size and types of stock, but none disturbed its steady rise.</p><p><blockquote>长时间没有回调的情况远非史无前例，自1963年以来，市场持续200多个交易日没有下跌5%以来，已经出现了10次。但它们与最近的运行不同。在其他情况下，市场在表面之下要平静得多。这一次，重大事件导致板块、规模和股票类型之间的大幅波动，但都没有干扰其稳步上涨。</blockquote></p><p> Similarly, the stimulus- and vaccine-driven willingness to take risk across every asset class faded from March onward, so we shouldn’t be too concerned about a switch in investor sentiment. Again, it has already happened.</p><p><blockquote>同样，从3月份开始，刺激和疫苗驱动的所有资产类别的冒险意愿都减弱了，因此我们不应该太担心投资者情绪的转变。再说一次，这已经发生了。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/7d8b995934c7f60fadb5834dd078e232\" tg-width=\"320\" tg-height=\"412\" width=\"100%\" height=\"auto\">Yet,I find it disconcerting that the market seems to go up no matter what. Good news on the economy pushes up stocks sensitive to growth, such as manufacturers and banks. Troubling news on the economy means lower bond yields and so pushes up stocks with profits far in the future (see: Big Tech) whose expansion depends on innovation rather than economic growth, which I understand. That both should push up the wider S&amp;P 500 is what puzzles me.</p><p><blockquote>然而，令我不安的是，无论如何，市场似乎都在上涨。经济方面的好消息推高了对增长敏感的股票，如制造商和银行。令人不安的经济消息意味着债券收益率下降，从而推高未来盈利的股票（见：大型科技公司），这些股票的扩张依赖于创新而不是经济增长，我理解这一点。两者都应该推高更广泛的标普500，这让我感到困惑。</blockquote></p><p> The only explanation I have is the old one: “TINA”—There Is No Alternative to Stocks—because yields on alternatives such as bonds are so low. With more savings going into stocks than is cashed out or soaked up by IPOs, the price has to rise. It isn’t a satisfactory story, but it kind of works.</p><p><blockquote>我唯一的解释是旧的：“蒂娜”——除了股票别无选择——因为债券等替代品的收益率太低了。随着更多的储蓄进入股票，而不是通过IPO套现或吸收的储蓄，价格必须上涨。这不是一个令人满意的故事，但它有点工作。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/37942e27b25662943d254580733d2954\" tg-width=\"325\" tg-height=\"413\" width=\"100%\" height=\"auto\">In both good and bad times investors want to buy stocks, so the S&amp;P goes up. But<i>which</i>stocks they choose to buy differs between good and bad times. In good times they want risk-on stocks (cheap value, cyclicals, smaller companies, emerging markets). In bad times they want risk-off stocks (growth, defensive firms, larger companies, developed markets and especially the U.S.).</p><p><blockquote>无论顺境还是逆境，投资者都想购买股票，因此标准普尔指数都会上涨。但<i>哪个</i>他们选择购买的股票在顺境和逆境之间有所不同。在繁荣时期，他们想要冒险的股票（便宜的价值、周期性股票、小公司、新兴市场）。在经济不景气时，他们想要避险股票（成长型、防御型公司、大型公司、发达市场，尤其是美国）。</blockquote></p><p> The problem with TINA is that the justification for stocks isn’t that they offer good returns in the future, but that they offer better returns than bonds. Bonds offer miserable returns—a guaranteed loss after inflation for 30 years on Treasury inflation-protected securities—so doing better than that isn’t saying much. If lower rewards came with lower risks, that would be fine, but at best the risks are as high as ever, perhaps much higher.</p><p><blockquote>蒂娜的问题在于，股票的理由不是它们在未来提供良好的回报，而是它们提供比债券更好的回报。债券的回报率很低——通胀保值国债30年通胀后肯定会出现亏损——所以做得更好并不能说明什么。如果较低的回报伴随着较低的风险，那很好，但充其量风险和以往一样高，甚至可能高得多。</blockquote></p><p> A simplistic way to quantify how much lower the rewards of stocks are likely to be is to use the earnings yield, the inverse of the forward price/earnings ratio. If companies match analyst profit forecasts, future returns should be about 4%—only slightly higher than was suggested by the measure at the height of the dot-com bubble in 2000. If corporate earnings miss forecasts, future returns could be substantially lower. If valuations fall too, returns are doubly hit, as they were after the dot-com bubble burst, when returns ended up negative for years.</p><p><blockquote>量化股票回报可能低多少的一个简单方法是使用收益率，即远期市盈率的倒数。如果公司符合分析师的利润预测，未来的回报率应该在4%左右——仅略高于2000年互联网泡沫最严重时的指标。如果企业盈利低于预期，未来的回报可能会大幅降低。如果估值也下跌，回报就会受到双重打击，就像互联网泡沫破裂后那样，当时回报多年来一直为负。</blockquote></p><p></p><p> Quantifying risks is much harder. Inflation risk is higher than before, and so are political (tax and regulation) and geopolitical (trade and supply chain) threats to stocks. The risk that analysts have horribly overestimated earnings or companies are massively overstating earnings is at least as high as usual. Central banks are sure to try to help if stocks plunge, but can’t use the traditional support of rate cuts. Alternative tools such as negative rates and buying a wider range of assets are available, but their risks are less well understood.</p><p><blockquote>量化风险要困难得多。通胀风险比以前更高，对股市的政治（税收和监管）和地缘政治（贸易和供应链）威胁也是如此。分析师严重高估收益或公司大幅夸大收益的风险至少和往常一样高。如果股市暴跌，央行肯定会尽力提供帮助，但不能使用降息的传统支持。负利率和购买更广泛的资产等替代工具是可用的，但其风险却不太为人所知。</blockquote></p><p> Getting a lower reward for the same or higher risk may still be acceptable, given how expensive the safer alternatives are. But investors buying stocks no matter what shouldn’t fool themselves that the future will deliver the 6.5% or so above inflation of the past century, let alone the 12% above inflation of the past decade.</p><p><blockquote>考虑到更安全的替代品的昂贵程度，以相同或更高的风险获得较低的回报可能仍然是可以接受的。但无论如何购买股票的投资者都不应该自欺欺人地认为，未来的通胀率将比上个世纪高出6.5%左右，更不用说比过去十年的通胀率高出12%了。</blockquote></p><p> The awful choice investors have is to join the monkeys in pretending all is well, or accept the terrible returns of safe assets.</p><p><blockquote>投资者面临的可怕选择是加入猴子的行列，假装一切都很好，或者接受安全资产的可怕回报。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.wsj.com/articles/speak-no-evil-of-the-s-p-500s-neverending-records-11630590653?mod=markets_lead_pos5\">The Wall Street Journal</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index","SPY":"标普500ETF"},"source_url":"https://www.wsj.com/articles/speak-no-evil-of-the-s-p-500s-neverending-records-11630590653?mod=markets_lead_pos5","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1168498795","content_text":"Investors buying stocks no matter what shouldn’t fool themselves that the future will deliver the chunky returns of the past decade.\n\nThe S&P 500 is like the three wise monkeys: See no evil, hear no evil, speak no evil.Whatever happens, it just goes up. The market has gone up almost in a straight line since November despite a troubling list of events that could each have justified at least a 5% correction. Investors are incredibly resilient.\nSome things that didn’t matter:a burst bubble in clean-energy stocks;a sharp rise in Treasury yields(to March);a big fall in Treasury yields(since March); China’s crackdown on moneymaking; the Federal Reserve’sshift toward tapering bond purchases; and the rise of the Delta variant.\nOn the optimistic side, it is great that the market has been pushed up by a variety of forces, not by wild excess in a single area. We need not worry that the bubble in clean energy will burst and bring down the market, because it has already burst without bringing down the market.\nThroughout all this, the stock market has risen steadily,without a 5% fall since shortly before the election last year. Every time part of the market—technology stocks, cheap stocks, smaller stocks, oil stocks, strong-balance-sheet stocks—stops performing, something else steps in to rescue the broader index. The market seems invulnerable to bad news, and that is unusual. On the face of it, it is also scary, suggesting investors are complacent about danger.\nIt is far from unprecedented to go a long time without a correction, with 10 episodes since 1963 when the market lasted more than 200 trading days without a 5% drop. But they were different from the recent run. In every other case, the market was far calmer below the surface. This time, major events led to big swings between sectors, size and types of stock, but none disturbed its steady rise.\nSimilarly, the stimulus- and vaccine-driven willingness to take risk across every asset class faded from March onward, so we shouldn’t be too concerned about a switch in investor sentiment. Again, it has already happened.\nYet,I find it disconcerting that the market seems to go up no matter what. Good news on the economy pushes up stocks sensitive to growth, such as manufacturers and banks. Troubling news on the economy means lower bond yields and so pushes up stocks with profits far in the future (see: Big Tech) whose expansion depends on innovation rather than economic growth, which I understand. That both should push up the wider S&P 500 is what puzzles me.\nThe only explanation I have is the old one: “TINA”—There Is No Alternative to Stocks—because yields on alternatives such as bonds are so low. With more savings going into stocks than is cashed out or soaked up by IPOs, the price has to rise. It isn’t a satisfactory story, but it kind of works.\nIn both good and bad times investors want to buy stocks, so the S&P goes up. Butwhichstocks they choose to buy differs between good and bad times. In good times they want risk-on stocks (cheap value, cyclicals, smaller companies, emerging markets). In bad times they want risk-off stocks (growth, defensive firms, larger companies, developed markets and especially the U.S.).\nThe problem with TINA is that the justification for stocks isn’t that they offer good returns in the future, but that they offer better returns than bonds. Bonds offer miserable returns—a guaranteed loss after inflation for 30 years on Treasury inflation-protected securities—so doing better than that isn’t saying much. If lower rewards came with lower risks, that would be fine, but at best the risks are as high as ever, perhaps much higher.\nA simplistic way to quantify how much lower the rewards of stocks are likely to be is to use the earnings yield, the inverse of the forward price/earnings ratio. If companies match analyst profit forecasts, future returns should be about 4%—only slightly higher than was suggested by the measure at the height of the dot-com bubble in 2000. If corporate earnings miss forecasts, future returns could be substantially lower. If valuations fall too, returns are doubly hit, as they were after the dot-com bubble burst, when returns ended up negative for years.\nQuantifying risks is much harder. Inflation risk is higher than before, and so are political (tax and regulation) and geopolitical (trade and supply chain) threats to stocks. The risk that analysts have horribly overestimated earnings or companies are massively overstating earnings is at least as high as usual. Central banks are sure to try to help if stocks plunge, but can’t use the traditional support of rate cuts. Alternative tools such as negative rates and buying a wider range of assets are available, but their risks are less well understood.\nGetting a lower reward for the same or higher risk may still be acceptable, given how expensive the safer alternatives are. But investors buying stocks no matter what shouldn’t fool themselves that the future will deliver the 6.5% or so above inflation of the past century, let alone the 12% above inflation of the past decade.\nThe awful choice investors have is to join the monkeys in pretending all is well, or accept the terrible returns of safe assets.","news_type":1,"symbols_score_info":{".SPX":0.9,"SPY":0.9}},"isVote":1,"tweetType":1,"viewCount":303,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":816810058,"gmtCreate":1630485927474,"gmtModify":1633677730133,"author":{"id":"3576061323846814","authorId":"3576061323846814","name":"YinTing","avatar":"https://static.tigerbbs.com/a28f0c9c918d2ce99c3d3f9eee4309fa","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3576061323846814","idStr":"3576061323846814"},"themes":[],"htmlText":"Good&nbsp;","listText":"Good&nbsp;","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/816810058","repostId":"2164974896","repostType":4,"repost":{"id":"2164974896","kind":"highlight","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":1630485420,"share":"https://www.laohu8.com/m/news/2164974896?lang=zh_CN&edition=full","pubTime":"2021-09-01 16:37","market":"us","language":"en","title":"Li Auto shares rose 2.4% in premarket trading<blockquote>理想汽车股价在盘前交易中上涨2.4%</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=2164974896","media":"Tiger Newspress","summary":"Li Auto shares rose 2.4% in premarket trading.\n\nLi Auto Inc. announced that the Company delivered 9,","content":"<p>Li Auto&nbsp;shares&nbsp;rose&nbsp;2.4%&nbsp;in&nbsp;premarket&nbsp;trading.</p><p><blockquote>理想汽车股价在盘前交易中上涨2.</blockquote></p><p> <img src=\"https://static.tigerbbs.com/bd5a8ce4f2ac5cf0a6d10f2a49585963\" tg-width=\"892\" tg-height=\"635\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p> Li Auto Inc.&nbsp;announced that the Company delivered 9,433 Li ONEs in August 2021, increasing 248.0% year over year and 9.8% month over month, breaking the Company’s monthly delivery record again. Total deliveries in the first eight months of 2021 and cumulative deliveries of Li ONEs reached 48,176 and 81,773 respectively.</p><p><blockquote>理想汽车宣布，该公司在2021年8月交付了9,433辆Li One，同比增长248.0%，环比增长9.8%，再次打破了该公司的月度交付纪录。2021年前8个月的总交付量和理想ONE的累计交付量分别达到48,176辆和81,773辆。</blockquote></p><p> As of August 31, 2021, the Company had 114 retail stores in 69 cities, as well as 194 servicing centers and Li Auto-authorized body and paint shops operating in 143 cities.</p><p><blockquote>截至2021年8月31日，该公司在69个城市拥有114家零售店，并在143个城市拥有194家服务中心以及理想汽车授权的车身和喷漆店。</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>Li Auto shares rose 2.4% in premarket trading<blockquote>理想汽车股价在盘前交易中上涨2.4%</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nLi Auto shares rose 2.4% in premarket trading<blockquote>理想汽车股价在盘前交易中上涨2.4%</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\">2021-09-01 16:37</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>Li Auto&nbsp;shares&nbsp;rose&nbsp;2.4%&nbsp;in&nbsp;premarket&nbsp;trading.</p><p><blockquote>理想汽车股价在盘前交易中上涨2.</blockquote></p><p> <img src=\"https://static.tigerbbs.com/bd5a8ce4f2ac5cf0a6d10f2a49585963\" tg-width=\"892\" tg-height=\"635\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p> Li Auto Inc.&nbsp;announced that the Company delivered 9,433 Li ONEs in August 2021, increasing 248.0% year over year and 9.8% month over month, breaking the Company’s monthly delivery record again. Total deliveries in the first eight months of 2021 and cumulative deliveries of Li ONEs reached 48,176 and 81,773 respectively.</p><p><blockquote>理想汽车宣布，该公司在2021年8月交付了9,433辆Li One，同比增长248.0%，环比增长9.8%，再次打破了该公司的月度交付纪录。2021年前8个月的总交付量和理想ONE的累计交付量分别达到48,176辆和81,773辆。</blockquote></p><p> As of August 31, 2021, the Company had 114 retail stores in 69 cities, as well as 194 servicing centers and Li Auto-authorized body and paint shops operating in 143 cities.</p><p><blockquote>截至2021年8月31日，该公司在69个城市拥有114家零售店，并在143个城市拥有194家服务中心以及理想汽车授权的车身和喷漆店。</blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TERN":"Terns Pharmaceuticals, Inc.","CRCT":"Cricut, Inc.","02015":"理想汽车-W","LI":"理想汽车"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2164974896","content_text":"Li Auto shares rose 2.4% in premarket trading.\n\nLi Auto Inc. announced that the Company delivered 9,433 Li ONEs in August 2021, increasing 248.0% year over year and 9.8% month over month, breaking the Company’s monthly delivery record again. Total deliveries in the first eight months of 2021 and cumulative deliveries of Li ONEs reached 48,176 and 81,773 respectively.\nAs of August 31, 2021, the Company had 114 retail stores in 69 cities, as well as 194 servicing centers and Li Auto-authorized body and paint shops operating in 143 cities.","news_type":1,"symbols_score_info":{"TERN":0.9,"02015":0.9,"LI":0.9,"CRCT":0.9}},"isVote":1,"tweetType":1,"viewCount":515,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":818553307,"gmtCreate":1630421021309,"gmtModify":1633678179350,"author":{"id":"3576061323846814","authorId":"3576061323846814","name":"YinTing","avatar":"https://static.tigerbbs.com/a28f0c9c918d2ce99c3d3f9eee4309fa","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3576061323846814","idStr":"3576061323846814"},"themes":[],"htmlText":"10k is not a dream","listText":"10k is not a dream","text":"10k is not a dream","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":11,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/818553307","repostId":"2163185185","repostType":4,"isVote":1,"tweetType":1,"viewCount":295,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":811209557,"gmtCreate":1630323490779,"gmtModify":1704958407286,"author":{"id":"3576061323846814","authorId":"3576061323846814","name":"YinTing","avatar":"https://static.tigerbbs.com/a28f0c9c918d2ce99c3d3f9eee4309fa","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3576061323846814","idStr":"3576061323846814"},"themes":[],"htmlText":"Keep buying&nbsp;","listText":"Keep buying&nbsp;","text":"Keep buying","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":10,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/811209557","repostId":"2163776380","repostType":4,"isVote":1,"tweetType":1,"viewCount":485,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":819225378,"gmtCreate":1630073654494,"gmtModify":1704955570807,"author":{"id":"3576061323846814","authorId":"3576061323846814","name":"YinTing","avatar":"https://static.tigerbbs.com/a28f0c9c918d2ce99c3d3f9eee4309fa","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3576061323846814","idStr":"3576061323846814"},"themes":[],"htmlText":"Keep pumping&nbsp;","listText":"Keep pumping&nbsp;","text":"Keep pumping","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/819225378","repostId":"1194968294","repostType":4,"isVote":1,"tweetType":1,"viewCount":392,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":835850067,"gmtCreate":1629705888459,"gmtModify":1633683054879,"author":{"id":"3576061323846814","authorId":"3576061323846814","name":"YinTing","avatar":"https://static.tigerbbs.com/a28f0c9c918d2ce99c3d3f9eee4309fa","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3576061323846814","idStr":"3576061323846814"},"themes":[],"htmlText":"Taper, don't miss the timing again&nbsp;","listText":"Taper, don't miss the timing again&nbsp;","text":"Taper, don't miss the timing again","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/835850067","repostId":"2161747692","repostType":4,"isVote":1,"tweetType":1,"viewCount":674,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":895503339,"gmtCreate":1628753078421,"gmtModify":1633689766639,"author":{"id":"3576061323846814","authorId":"3576061323846814","name":"YinTing","avatar":"https://static.tigerbbs.com/a28f0c9c918d2ce99c3d3f9eee4309fa","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3576061323846814","idStr":"3576061323846814"},"themes":[],"htmlText":"Good","listText":"Good","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/895503339","repostId":"1141154314","repostType":4,"repost":{"id":"1141154314","kind":"news","pubTimestamp":1628752047,"share":"https://www.laohu8.com/m/news/1141154314?lang=zh_CN&edition=full","pubTime":"2021-08-12 15:07","market":"us","language":"en","title":"Nio Confirms Plans To Enter Mass-Market EV Segment Under A Sub-Brand<blockquote>蔚来确认计划以子品牌进入大众市场电动汽车领域</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1141154314","media":"Benzinga","summary":"U.S.-listed Chinese electric vehicle maker Nio Inc on Wednesday confirmed plans to foray into the ma","content":"<p><div> U.S.-listed Chinese electric vehicle maker Nio Inc on Wednesday confirmed plans to foray into the mass market, as per the company’s CEO William Li. What Happened:Nio will enter the mass market through...</p><p><blockquote><div>在美国上市的中国电动汽车制造商蔚来公司首席执行官李威廉表示，该公司周三确认了进军大众市场的计划。发生了什么：蔚来将通过以下方式进入大众市场...</div></blockquote></p><p>  <a href=\"https://www.benzinga.com/news/21/08/22458882/nio-confirms-plans-to-enter-the-mass-market-ev-segment-under-a-sub-brand\">网页链接</a>  </div> </p><p><blockquote><a href=\"https://www.benzinga.com/news/21/08/22458882/nio-confirms-plans-to-enter-the-mass-market-ev-segment-under-a-sub-brand\">网页连接</a></blockquote></p><p></p>","source":"lsy1606299360108","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>Nio Confirms Plans To Enter Mass-Market EV Segment Under A Sub-Brand<blockquote>蔚来确认计划以子品牌进入大众市场电动汽车领域</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\">\nNio Confirms Plans To Enter Mass-Market EV Segment Under A Sub-Brand<blockquote>蔚来确认计划以子品牌进入大众市场电动汽车领域</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Benzinga</strong><span class=\"h-time small\">2021-08-12 15:07</span>\n</p>\n</h4>\n</header>\n<article>\n<p><div> U.S.-listed Chinese electric vehicle maker Nio Inc on Wednesday confirmed plans to foray into the mass market, as per the company’s CEO William Li. What Happened:Nio will enter the mass market through...</p><p><blockquote><div>在美国上市的中国电动汽车制造商蔚来公司首席执行官李威廉表示，该公司周三确认了进军大众市场的计划。发生了什么：蔚来将通过以下方式进入大众市场...</div></blockquote></p><p>  <a href=\"https://www.benzinga.com/news/21/08/22458882/nio-confirms-plans-to-enter-the-mass-market-ev-segment-under-a-sub-brand\">网页链接</a>  </div> </p><p><blockquote><a href=\"https://www.benzinga.com/news/21/08/22458882/nio-confirms-plans-to-enter-the-mass-market-ev-segment-under-a-sub-brand\">网页连接</a></blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.benzinga.com/news/21/08/22458882/nio-confirms-plans-to-enter-the-mass-market-ev-segment-under-a-sub-brand\">Benzinga</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":{"NIO":"蔚来"},"source_url":"https://www.benzinga.com/news/21/08/22458882/nio-confirms-plans-to-enter-the-mass-market-ev-segment-under-a-sub-brand","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1141154314","content_text":"U.S.-listed Chinese electric vehicle maker Nio Inc on Wednesday confirmed plans to foray into the mass market, as per the company’s CEO William Li.\nWhat Happened:Nio will enter the mass market through a new brand, Li told investors during the second quarter post-earnings call.\nThe Shanghai, China-based electric vehicle maker told investors that a core team of the new brand has been assembled.\nThe model will be the lowest priced in NIO's product lineup, Li said.\nNio has been reported to be planning a more affordable sub-brand around the $31,300 price band. The yet-to-be-named sub-brand is expected to operate independently and will have a positioning below Nio.\nNio's current line of vehicles is focused at the high-end of the market and priced no less than RMB 358,000 (USD $56,000) unless customers choose to opt for a battery-as-a-service subscription and pay an additional monthly fee.\nNio is also reportedly working on a new high-end product that is scheduled to be launched next year, code-named Gemini.\nWhy It Matters:The lure of mass-market is not new for automakers as it helps bring scale and Nio has in the past few years tried different approaches to make that foray through joint ventures and investments with GAC and Changan.\nNio had earlier this year in an earnings call revealed that the stake in those partnerships is now down to 5% from over 40% earlier, giving the EV maker more flexibility and possibilities to try different approaches to enter the mass market.\n\"We are actively looking at ways to enter the mass market more aggressively, which is a long-term strategy for us,\" Li had then said.\nThe Tesla Inc rival had in April said electric vehicle brands that gain market share by “constantly lowering” prices will only hurt their own brand image.\nPrice Action:Nio shares closed 0.59% lower at $43.97 on Wednesday and were up 1.11% in the extended hours.","news_type":1,"symbols_score_info":{"NIO":0.9}},"isVote":1,"tweetType":1,"viewCount":295,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":893086258,"gmtCreate":1628221397274,"gmtModify":1633752458457,"author":{"id":"3576061323846814","authorId":"3576061323846814","name":"YinTing","avatar":"https://static.tigerbbs.com/a28f0c9c918d2ce99c3d3f9eee4309fa","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3576061323846814","idStr":"3576061323846814"},"themes":[],"htmlText":"Good choice&nbsp;","listText":"Good choice&nbsp;","text":"Good choice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/893086258","repostId":"1150788850","repostType":4,"isVote":1,"tweetType":1,"viewCount":428,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":804770831,"gmtCreate":1627984090223,"gmtModify":1633754656680,"author":{"id":"3576061323846814","authorId":"3576061323846814","name":"YinTing","avatar":"https://static.tigerbbs.com/a28f0c9c918d2ce99c3d3f9eee4309fa","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3576061323846814","idStr":"3576061323846814"},"themes":[],"htmlText":"Will end red","listText":"Will end red","text":"Will end red","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/804770831","repostId":"2156144739","repostType":4,"isVote":1,"tweetType":1,"viewCount":445,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":804044689,"gmtCreate":1627913842141,"gmtModify":1633755322965,"author":{"id":"3576061323846814","authorId":"3576061323846814","name":"YinTing","avatar":"https://static.tigerbbs.com/a28f0c9c918d2ce99c3d3f9eee4309fa","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3576061323846814","idStr":"3576061323846814"},"themes":[],"htmlText":"Strong","listText":"Strong","text":"Strong","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/804044689","repostId":"1155693481","repostType":4,"repost":{"id":"1155693481","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":1627913458,"share":"https://www.laohu8.com/m/news/1155693481?lang=zh_CN&edition=full","pubTime":"2021-08-02 22:10","market":"us","language":"en","title":"Tesla rose nearly 5% in morning trading<blockquote>特斯拉早盘涨近5%</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1155693481","media":"Tiger Newspress","summary":" $Tesla Motors$ rose nearly 5% in morning trading.Elon Musk confirms Tesla AI Day will be on August 19.In addition ,Last Thursday, Benzinga Proalerted its users Tesla hadfiled a patentthat would allow it to recover and recycle nickel and cobalt from old lithium-ion EV batteries.The patent, titled “Metal Sulfate Manufacturing System via Electrochemical Dissolution,” would allow the EV and technology company to recover the two crucial raw battery metals and reuse them making its supply chain more ","content":"<p>(August 2)&nbsp;<a href=\"https://laohu8.com/S/TSLA\">Tesla Motors</a> rose nearly 5% in morning trading.</p><p><blockquote>（8月2日）<a href=\"https://laohu8.com/S/TSLA\">特斯拉</a>早盘涨近5%。</blockquote></p><p> Elon Musk confirms Tesla AI Day will be on August 19.</p><p><blockquote>Elon Musk确认特斯拉人工智能日将于8月19日举行。</blockquote></p><p> In&nbsp;addition&nbsp;,Last Thursday,&nbsp;Benzinga Proalerted its users Tesla hadfiled a patentthat would allow it to recover and recycle nickel and cobalt from old lithium-ion EV batteries.</p><p><blockquote>此外，上周四，Benzinga提醒其用户特斯拉已申请一项专利，允许其从旧锂离子电动汽车电池中回收和再循环镍和钴。</blockquote></p><p> The patent, titled “Metal Sulfate Manufacturing System via Electrochemical Dissolution,” would allow the EV and technology company to recover the two crucial raw battery metals and reuse them making its supply chain more efficient.</p><p><blockquote>这项名为“通过电化学溶解的金属硫酸盐制造系统”的专利将使这家电动汽车和技术公司能够回收两种关键的电池金属原料并重复利用它们，从而提高其供应链的效率。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/9faf5c64c1d04f0efe8c72c78addc130\" tg-width=\"725\" tg-height=\"633\" referrerpolicy=\"no-referrer\"></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>Tesla rose nearly 5% in morning trading<blockquote>特斯拉早盘涨近5%</blockquote></title>\n<style 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#7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTesla rose nearly 5% in morning trading<blockquote>特斯拉早盘涨近5%</blockquote>\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time smaller\">2021-08-02 22:10</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>(August 2)&nbsp;<a href=\"https://laohu8.com/S/TSLA\">Tesla Motors</a> rose nearly 5% in morning trading.</p><p><blockquote>（8月2日）<a href=\"https://laohu8.com/S/TSLA\">特斯拉</a>早盘涨近5%。</blockquote></p><p> Elon Musk confirms Tesla AI Day will be on August 19.</p><p><blockquote>Elon Musk确认特斯拉人工智能日将于8月19日举行。</blockquote></p><p> In&nbsp;addition&nbsp;,Last Thursday,&nbsp;Benzinga Proalerted its users Tesla hadfiled a patentthat would allow it to recover and recycle nickel and cobalt from old lithium-ion EV batteries.</p><p><blockquote>此外，上周四，Benzinga提醒其用户特斯拉已申请一项专利，允许其从旧锂离子电动汽车电池中回收和再循环镍和钴。</blockquote></p><p> The patent, titled “Metal Sulfate Manufacturing System via Electrochemical Dissolution,” would allow the EV and technology company to recover the two crucial raw battery metals and reuse them making its supply chain more efficient.</p><p><blockquote>这项名为“通过电化学溶解的金属硫酸盐制造系统”的专利将使这家电动汽车和技术公司能够回收两种关键的电池金属原料并重复利用它们，从而提高其供应链的效率。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/9faf5c64c1d04f0efe8c72c78addc130\" tg-width=\"725\" tg-height=\"633\" referrerpolicy=\"no-referrer\"></p><p><blockquote></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":"1155693481","content_text":"(August 2) Tesla Motors rose nearly 5% in morning trading.\nElon Musk confirms Tesla AI Day will be on August 19.\nIn addition ,Last Thursday, Benzinga Proalerted its users Tesla hadfiled a patentthat would allow it to recover and recycle nickel and cobalt from old lithium-ion EV batteries.\nThe patent, titled “Metal Sulfate Manufacturing System via Electrochemical Dissolution,” would allow the EV and technology company to recover the two crucial raw battery metals and reuse them making its supply chain more 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Total payments volume is now forecast to increase by as much as 34% while adjusted earnings per share is expected to rise 19% to $4.60.</p><p><blockquote>PayPal股价在盘前交易中下跌超过4%。PayPal目前预计今年营收仅增长18%，达到253亿至254亿美元；该公司此前预测增长20%。目前预计总支付量将增长34%，而调整后每股收益预计将增长19%至4.60美元。</blockquote></p><p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>PayPal shares fell more than 4% in premarket trading<blockquote>PayPal股价在盘前交易中下跌超过4%</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nPayPal shares fell more than 4% in premarket trading<blockquote>PayPal股价在盘前交易中下跌超过4%</blockquote>\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time smaller\">2021-11-09 17:10</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>PayPal&nbsp;shares&nbsp;fell&nbsp;more&nbsp;than&nbsp;4%&nbsp;in&nbsp;premarket&nbsp;trading.<img src=\"https://static.tigerbbs.com/e16c4e872853229cb8799691d439b725\" tg-width=\"884\" tg-height=\"589\" width=\"100%\" height=\"auto\">PayPal now expects revenue to climb just 18% to $25.3 billion to $25.4 billion for the year; the company had previously forecast a 20% jump. Total payments volume is now forecast to increase by as much as 34% while adjusted earnings per share is expected to rise 19% to $4.60.</p><p><blockquote>PayPal股价在盘前交易中下跌超过4%。PayPal目前预计今年营收仅增长18%，达到253亿至254亿美元；该公司此前预测增长20%。目前预计总支付量将增长34%，而调整后每股收益预计将增长19%至4.60美元。</blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"PYPL":"PayPal"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1174206210","content_text":"PayPal shares fell more than 4% in premarket trading.PayPal now expects revenue to climb just 18% to $25.3 billion to $25.4 billion for the year; the company had previously forecast a 20% jump. Total payments volume is now forecast to increase by as much as 34% while adjusted earnings per share is expected to rise 19% to $4.60.","news_type":1,"symbols_score_info":{"PYPL":0.9}},"isVote":1,"tweetType":1,"viewCount":1327,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":811209557,"gmtCreate":1630323490779,"gmtModify":1704958407286,"author":{"id":"3576061323846814","authorId":"3576061323846814","name":"YinTing","avatar":"https://static.tigerbbs.com/a28f0c9c918d2ce99c3d3f9eee4309fa","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3576061323846814","idStr":"3576061323846814"},"themes":[],"htmlText":"Keep buying&nbsp;","listText":"Keep buying&nbsp;","text":"Keep 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coming","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":4,"repostSize":0,"link":"https://laohu8.com/post/159065462","repostId":"2147837316","repostType":4,"isVote":1,"tweetType":1,"viewCount":370,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":835850067,"gmtCreate":1629705888459,"gmtModify":1633683054879,"author":{"id":"3576061323846814","authorId":"3576061323846814","name":"YinTing","avatar":"https://static.tigerbbs.com/a28f0c9c918d2ce99c3d3f9eee4309fa","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3576061323846814","idStr":"3576061323846814"},"themes":[],"htmlText":"Taper, don't miss the timing again&nbsp;","listText":"Taper, don't miss the timing again&nbsp;","text":"Taper, don't miss the timing again","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/835850067","repostId":"2161747692","repostType":4,"isVote":1,"tweetType":1,"viewCount":674,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":846082554,"gmtCreate":1636035309848,"gmtModify":1636035310206,"author":{"id":"3576061323846814","authorId":"3576061323846814","name":"YinTing","avatar":"https://static.tigerbbs.com/a28f0c9c918d2ce99c3d3f9eee4309fa","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3576061323846814","idStr":"3576061323846814"},"themes":[],"htmlText":"All time high as always","listText":"All time high as always","text":"All time high as always","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/846082554","repostId":"1103660582","repostType":4,"repost":{"id":"1103660582","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":1636032692,"share":"https://www.laohu8.com/m/news/1103660582?lang=zh_CN&edition=full","pubTime":"2021-11-04 21:31","market":"us","language":"en","title":"S&P 500 rises for a sixth straight day, Dow hovers near a record<blockquote>标普500连续第六天上涨道指徘徊在纪录附近</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1103660582","media":"Tiger Newspress","summary":"The S&P 500 rose for a sixth day in a row on Thursday after the equity benchmark closed at a record ","content":"<p>The S&amp;P 500 rose for a sixth day in a row on Thursday after the equity benchmark closed at a record following commentary from the Federal Reserve in the prior session.</p><p><blockquote>在美联储前一交易日发表评论后，股市基准收于创纪录水平，周四标普500连续第六天上涨。</blockquote></p><p> The S&amp;P 500 gained 0.2%, while the Dow Jones Industrial Average was trading near the flatline. The tech-heavy Nasdaq Composite rose 0.2%. All three averages finished the prior session at record highs.</p><p><blockquote>标普500上涨0.2%，道琼斯工业平均指数接近持平线。以科技股为主的纳斯达克综合指数上涨0.2%。前一交易日收盘时，这三条平均线均创下历史新高。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/2a14d5a66f1a4044fe93913c89576ad8\" tg-width=\"1073\" tg-height=\"456\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p> Tesla shares rose more than 1% to a new high.</p><p><blockquote>特斯拉股价涨超1%，再创新高。</blockquote></p><p> Qualcomm led gainers on the S&amp;P 500, rallying 15% following&nbsp;an earnings beat&nbsp;propelled by a 56% surge in smartphone chip sales. The company also provide strong guidance for the fourth quarter.</p><p><blockquote>高通在标普500领涨，在智能手机芯片销量飙升56%的推动下，其盈利超出预期，股价上涨15%。该公司还为第四季度提供了强有力的指导。</blockquote></p><p> MGM shares gained nearly 5% after the casino operator announcing plans to sell the operations of its Mirage casino in Las Vegas to another operator. The company noted that no sales agreement had been reached and it did not mention any possible buyers.</p><p><blockquote>赌场运营商米高梅宣布计划将其位于拉斯维加斯的Mirage赌场的业务出售给另一家运营商后，该公司股价上涨近5%。该公司指出，尚未达成销售协议，也没有提及任何可能的买家。</blockquote></p><p> Fastly's stock rose 8%&nbsp;as&nbsp;its third quarter performance exceeded market expectations, and some lost users were observed to return.</p><p><blockquote>Fastly股价上涨8%，因其第三季度业绩超出市场预期，且观察到部分流失用户回归。</blockquote></p><p> Yet Moderna shares cratered after the drugmaker&nbsp;slashed its Covid-19 vaccine revenue outlook. The sotck was last down about 11%.</p><p><blockquote>然而，在制药商Moderna大幅下调其Covid-19疫苗收入预期后，该公司股价暴跌。sotck最近下跌了约11%。</blockquote></p><p> And Roku was under pressure, falling more than 7% after the streaming platform&nbsp;reported disappointing third-quarter revenue.</p><p><blockquote>Roku也面临压力，在该流媒体平台公布令人失望的第三季度收入后，股价下跌超过7%。</blockquote></p><p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>S&P 500 rises for a sixth straight day, Dow hovers near a record<blockquote>标普500连续第六天上涨道指徘徊在纪录附近</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nS&P 500 rises for a sixth straight day, Dow hovers near a record<blockquote>标普500连续第六天上涨道指徘徊在纪录附近</blockquote>\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time smaller\">2021-11-04 21:31</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>The S&amp;P 500 rose for a sixth day in a row on Thursday after the equity benchmark closed at a record following commentary from the Federal Reserve in the prior session.</p><p><blockquote>在美联储前一交易日发表评论后，股市基准收于创纪录水平，周四标普500连续第六天上涨。</blockquote></p><p> The S&amp;P 500 gained 0.2%, while the Dow Jones Industrial Average was trading near the flatline. The tech-heavy Nasdaq Composite rose 0.2%. All three averages finished the prior session at record highs.</p><p><blockquote>标普500上涨0.2%，道琼斯工业平均指数接近持平线。以科技股为主的纳斯达克综合指数上涨0.2%。前一交易日收盘时，这三条平均线均创下历史新高。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/2a14d5a66f1a4044fe93913c89576ad8\" tg-width=\"1073\" tg-height=\"456\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p> Tesla shares rose more than 1% to a new high.</p><p><blockquote>特斯拉股价涨超1%，再创新高。</blockquote></p><p> Qualcomm led gainers on the S&amp;P 500, rallying 15% following&nbsp;an earnings beat&nbsp;propelled by a 56% surge in smartphone chip sales. The company also provide strong guidance for the fourth quarter.</p><p><blockquote>高通在标普500领涨，在智能手机芯片销量飙升56%的推动下，其盈利超出预期，股价上涨15%。该公司还为第四季度提供了强有力的指导。</blockquote></p><p> MGM shares gained nearly 5% after the casino operator announcing plans to sell the operations of its Mirage casino in Las Vegas to another operator. The company noted that no sales agreement had been reached and it did not mention any possible buyers.</p><p><blockquote>赌场运营商米高梅宣布计划将其位于拉斯维加斯的Mirage赌场的业务出售给另一家运营商后，该公司股价上涨近5%。该公司指出，尚未达成销售协议，也没有提及任何可能的买家。</blockquote></p><p> Fastly's stock rose 8%&nbsp;as&nbsp;its third quarter performance exceeded market expectations, and some lost users were observed to return.</p><p><blockquote>Fastly股价上涨8%，因其第三季度业绩超出市场预期，且观察到部分流失用户回归。</blockquote></p><p> Yet Moderna shares cratered after the drugmaker&nbsp;slashed its Covid-19 vaccine revenue outlook. The sotck was last down about 11%.</p><p><blockquote>然而，在制药商Moderna大幅下调其Covid-19疫苗收入预期后，该公司股价暴跌。sotck最近下跌了约11%。</blockquote></p><p> And Roku was under pressure, falling more than 7% after the streaming platform&nbsp;reported disappointing third-quarter revenue.</p><p><blockquote>Roku也面临压力，在该流媒体平台公布令人失望的第三季度收入后，股价下跌超过7%。</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":"1103660582","content_text":"The S&P 500 rose for a sixth day in a row on Thursday after the equity benchmark closed at a record following commentary from the Federal Reserve in the prior session.\nThe S&P 500 gained 0.2%, while the Dow Jones Industrial Average was trading near the flatline. The tech-heavy Nasdaq Composite rose 0.2%. All three averages finished the prior session at record highs.\n\nTesla shares rose more than 1% to a new high.\nQualcomm led gainers on the S&P 500, rallying 15% following an earnings beat propelled by a 56% surge in smartphone chip sales. The company also provide strong guidance for the fourth quarter.\nMGM shares gained nearly 5% after the casino operator announcing plans to sell the operations of its Mirage casino in Las Vegas to another operator. The company noted that no sales agreement had been reached and it did not mention any possible buyers.\nFastly's stock rose 8% as its third quarter performance exceeded market expectations, and some lost users were observed to return.\nYet Moderna shares cratered after the drugmaker slashed its Covid-19 vaccine revenue outlook. The sotck was last down about 11%.\nAnd Roku was under pressure, falling more than 7% after the streaming platform reported disappointing third-quarter revenue.","news_type":1,"symbols_score_info":{".SPX":0.9,".IXIC":0.9,".DJI":0.9}},"isVote":1,"tweetType":1,"viewCount":2064,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":852692430,"gmtCreate":1635260622710,"gmtModify":1635260623052,"author":{"id":"3576061323846814","authorId":"3576061323846814","name":"YinTing","avatar":"https://static.tigerbbs.com/a28f0c9c918d2ce99c3d3f9eee4309fa","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3576061323846814","idStr":"3576061323846814"},"themes":[],"htmlText":"Stonks","listText":"Stonks","text":"Stonks","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/852692430","repostId":"1162656497","repostType":4,"repost":{"id":"1162656497","kind":"news","pubTimestamp":1635260269,"share":"https://www.laohu8.com/m/news/1162656497?lang=zh_CN&edition=full","pubTime":"2021-10-26 22:57","market":"us","language":"en","title":"Robinhood earnings: Here's what to expect<blockquote>Robinhood收益：以下是预期</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1162656497","media":"finance.yahoo","summary":"Robinhood (HOOD) will report earnings on Tuesday after the closing bell. These are the metrics Wall ","content":"<p>Robinhood (HOOD) will report earnings on Tuesday after the closing bell. These are the metrics Wall Street analysts will be expecting for the investing app’s third quarter results, according to consensus estimates compiled by Bloomberg.</p><p><blockquote>Robinhood(HOOD)将于周二收盘后公布收益。根据彭博社编制的共识估计，这些是华尔街分析师对该投资应用第三季度业绩的预期指标。</blockquote></p><p> <ul>  <li>Adjusted loss per share: 85 cents</p><p><blockquote><ul><li>调整后每股亏损：85美分</li></ul></blockquote></p><p></li>  <li>Revenue: $423.9 million versus</p><p><blockquote><li>收入：4.239亿美元</li></blockquote></p><p></li> </ul> Investors will be paying attention to commentary around the company's recently announced crypto wallet. CEO Vlad Tenev recently told CNBC more than 1 million people are on the waiting list since announcing the wallet last month.</p><p><blockquote>投资者将关注有关该公司最近宣布的加密钱包的评论。首席执行官Vlad Tenev最近告诉CNBC，自上个月宣布推出钱包以来，已有超过100万人在等待名单上。</blockquote></p><p> Cryptocurrency has becoming increasingly important for the trading platform.More than 60% of Robinhood users traded digital currencies in Q2.&nbsp;Crypto transaction-based revenue for the quarter ballooned to $233 million, compared to just $5 million in the second quarter of last year.</p><p><blockquote>加密货币对于交易平台来说变得越来越重要。超过60%的Robinhood用户在第二季度交易了数字货币。该季度基于加密货币交易的收入飙升至2.33亿美元，而去年第二季度仅为500万美元。</blockquote></p><p> Investors will also keep an eye out on any commentary about payment for order flow, the model which has enabled zero-commission trades from the likes of Robinhood and other investing apps.</p><p><blockquote>投资者还将密切关注有关订单流支付的任何评论，这种模式使Robinhood和其他投资应用程序等实现了零佣金交易。</blockquote></p><p> The U.S. Securities and Exchange Commission (SEC) chair Gary Gensler&nbsp;told Yahoo Financebanning the practice is a possibility.</p><p><blockquote>美国证券交易委员会（SEC）主席加里·詹斯勒（Gary Gensler）告诉雅虎财经，禁止这种做法是有可能的。</blockquote></p><p> Gensler said \"inherent conflicts\" in the payment for order revenue model may incentivize brokerages togamify stock betting to increase the volume of trading.</p><p><blockquote>Gensler表示，订单支付收入模式中的“固有冲突”可能会激励券商将股票投注游戏化，以增加交易量。</blockquote></p><p> Robinhood has been moving away from payment for order flow as a revenue generator.</p><p><blockquote>Robinhood已经不再将订单流支付作为收入来源。</blockquote></p><p> \"Over time, as our various products achieve maturity, you should see continued diversification and less reliance on any one revenue stream, such as payment for order flow,\" Robinhood CFO Jason Warnick said during the company's second quarter earnings call.</p><p><blockquote>Robinhood首席财务官Jason Warnick在公司第二季度财报看涨期权上表示：“随着时间的推移，随着我们各种产品的成熟，你应该会看到持续的多元化，减少对任何一种收入来源的依赖，例如订单流支付。”</blockquote></p><p> \"We are already seeing promising signs of this in Q2 with payment for order flow for equities and options as a percentage of our revenue, declining the 38% from 64% in the prior quarter as customer interest in crypto increased,\" he added.</p><p><blockquote>他补充道：“随着客户对加密货币兴趣的增加，我们在第二季度已经看到了令人鼓舞的迹象，股票和期权订单流支付占我们收入的百分比从上一季度的64%下降到38%。”</blockquote></p><p> Investors can expect lower trading activity for the 3rd quarter as the company has warned of \"seasonal headwinds\" across the industry going into the second half of the year, which could result in \"lower revenues and considerably fewer new funded accounts.\"</p><p><blockquote>投资者预计第三季度的交易活动将会减少，因为该公司警告称，今年下半年整个行业将出现“季节性阻力”，这可能会导致“收入下降和新资金账户大幅减少”。</blockquote></p><p> Robinhood went public on the Nasdaq (^IXIC) on July 28th with&nbsp;an IPO price of $38/share. The app was whirled into the GameStop (GME)saga earlier this year&nbsp;as so many retail traders were using Robinhood to execute their orders. Shares were trading around $39 each on Monday.</p><p><blockquote>Robinhood于7月28日在纳斯达克（^IXIC）上市，IPO价格为38美元/股。今年早些时候，由于许多零售交易者使用Robinhood执行订单，该应用程序被卷入了游戏驿站(GME)传奇。周一股价约为每股39美元。</blockquote></p><p></p>","source":"lsy1612507957220","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>Robinhood earnings: Here's what to expect<blockquote>Robinhood收益：以下是预期</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\">\nRobinhood earnings: Here's what to expect<blockquote>Robinhood收益：以下是预期</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">finance.yahoo</strong><span class=\"h-time small\">2021-10-26 22:57</span>\n</p>\n</h4>\n</header>\n<article>\n<p>Robinhood (HOOD) will report earnings on Tuesday after the closing bell. These are the metrics Wall Street analysts will be expecting for the investing app’s third quarter results, according to consensus estimates compiled by Bloomberg.</p><p><blockquote>Robinhood(HOOD)将于周二收盘后公布收益。根据彭博社编制的共识估计，这些是华尔街分析师对该投资应用第三季度业绩的预期指标。</blockquote></p><p> <ul>  <li>Adjusted loss per share: 85 cents</p><p><blockquote><ul><li>调整后每股亏损：85美分</li></ul></blockquote></p><p></li>  <li>Revenue: $423.9 million versus</p><p><blockquote><li>收入：4.239亿美元</li></blockquote></p><p></li> </ul> Investors will be paying attention to commentary around the company's recently announced crypto wallet. CEO Vlad Tenev recently told CNBC more than 1 million people are on the waiting list since announcing the wallet last month.</p><p><blockquote>投资者将关注有关该公司最近宣布的加密钱包的评论。首席执行官Vlad Tenev最近告诉CNBC，自上个月宣布推出钱包以来，已有超过100万人在等待名单上。</blockquote></p><p> Cryptocurrency has becoming increasingly important for the trading platform.More than 60% of Robinhood users traded digital currencies in Q2.&nbsp;Crypto transaction-based revenue for the quarter ballooned to $233 million, compared to just $5 million in the second quarter of last year.</p><p><blockquote>加密货币对于交易平台来说变得越来越重要。超过60%的Robinhood用户在第二季度交易了数字货币。该季度基于加密货币交易的收入飙升至2.33亿美元，而去年第二季度仅为500万美元。</blockquote></p><p> Investors will also keep an eye out on any commentary about payment for order flow, the model which has enabled zero-commission trades from the likes of Robinhood and other investing apps.</p><p><blockquote>投资者还将密切关注有关订单流支付的任何评论，这种模式使Robinhood和其他投资应用程序等实现了零佣金交易。</blockquote></p><p> The U.S. Securities and Exchange Commission (SEC) chair Gary Gensler&nbsp;told Yahoo Financebanning the practice is a possibility.</p><p><blockquote>美国证券交易委员会（SEC）主席加里·詹斯勒（Gary Gensler）告诉雅虎财经，禁止这种做法是有可能的。</blockquote></p><p> Gensler said \"inherent conflicts\" in the payment for order revenue model may incentivize brokerages togamify stock betting to increase the volume of trading.</p><p><blockquote>Gensler表示，订单支付收入模式中的“固有冲突”可能会激励券商将股票投注游戏化，以增加交易量。</blockquote></p><p> Robinhood has been moving away from payment for order flow as a revenue generator.</p><p><blockquote>Robinhood已经不再将订单流支付作为收入来源。</blockquote></p><p> \"Over time, as our various products achieve maturity, you should see continued diversification and less reliance on any one revenue stream, such as payment for order flow,\" Robinhood CFO Jason Warnick said during the company's second quarter earnings call.</p><p><blockquote>Robinhood首席财务官Jason Warnick在公司第二季度财报看涨期权上表示：“随着时间的推移，随着我们各种产品的成熟，你应该会看到持续的多元化，减少对任何一种收入来源的依赖，例如订单流支付。”</blockquote></p><p> \"We are already seeing promising signs of this in Q2 with payment for order flow for equities and options as a percentage of our revenue, declining the 38% from 64% in the prior quarter as customer interest in crypto increased,\" he added.</p><p><blockquote>他补充道：“随着客户对加密货币兴趣的增加，我们在第二季度已经看到了令人鼓舞的迹象，股票和期权订单流支付占我们收入的百分比从上一季度的64%下降到38%。”</blockquote></p><p> Investors can expect lower trading activity for the 3rd quarter as the company has warned of \"seasonal headwinds\" across the industry going into the second half of the year, which could result in \"lower revenues and considerably fewer new funded accounts.\"</p><p><blockquote>投资者预计第三季度的交易活动将会减少，因为该公司警告称，今年下半年整个行业将出现“季节性阻力”，这可能会导致“收入下降和新资金账户大幅减少”。</blockquote></p><p> Robinhood went public on the Nasdaq (^IXIC) on July 28th with&nbsp;an IPO price of $38/share. The app was whirled into the GameStop (GME)saga earlier this year&nbsp;as so many retail traders were using Robinhood to execute their orders. Shares were trading around $39 each on Monday.</p><p><blockquote>Robinhood于7月28日在纳斯达克（^IXIC）上市，IPO价格为38美元/股。今年早些时候，由于许多零售交易者使用Robinhood执行订单，该应用程序被卷入了游戏驿站(GME)传奇。周一股价约为每股39美元。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://finance.yahoo.com/news/robinhood-earnings-143941630.html\">finance.yahoo</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":{"HOOD":"Robinhood"},"source_url":"https://finance.yahoo.com/news/robinhood-earnings-143941630.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1162656497","content_text":"Robinhood (HOOD) will report earnings on Tuesday after the closing bell. These are the metrics Wall Street analysts will be expecting for the investing app’s third quarter results, according to consensus estimates compiled by Bloomberg.\n\nAdjusted loss per share: 85 cents\nRevenue: $423.9 million versus\n\nInvestors will be paying attention to commentary around the company's recently announced crypto wallet. CEO Vlad Tenev recently told CNBC more than 1 million people are on the waiting list since announcing the wallet last month.\nCryptocurrency has becoming increasingly important for the trading platform.More than 60% of Robinhood users traded digital currencies in Q2. Crypto transaction-based revenue for the quarter ballooned to $233 million, compared to just $5 million in the second quarter of last year.\nInvestors will also keep an eye out on any commentary about payment for order flow, the model which has enabled zero-commission trades from the likes of Robinhood and other investing apps.\nThe U.S. Securities and Exchange Commission (SEC) chair Gary Gensler told Yahoo Financebanning the practice is a possibility.\nGensler said \"inherent conflicts\" in the payment for order revenue model may incentivize brokerages togamify stock betting to increase the volume of trading.\nRobinhood has been moving away from payment for order flow as a revenue generator.\n\"Over time, as our various products achieve maturity, you should see continued diversification and less reliance on any one revenue stream, such as payment for order flow,\" Robinhood CFO Jason Warnick said during the company's second quarter earnings call.\n\"We are already seeing promising signs of this in Q2 with payment for order flow for equities and options as a percentage of our revenue, declining the 38% from 64% in the prior quarter as customer interest in crypto increased,\" he added.\nInvestors can expect lower trading activity for the 3rd quarter as the company has warned of \"seasonal headwinds\" across the industry going into the second half of the year, which could result in \"lower revenues and considerably fewer new funded accounts.\"\nRobinhood went public on the Nasdaq (^IXIC) on July 28th with an IPO price of $38/share. The app was whirled into the GameStop (GME)saga earlier this year as so many retail traders were using Robinhood to execute their orders. Shares were trading around $39 each on Monday.","news_type":1,"symbols_score_info":{"HOOD":0.9}},"isVote":1,"tweetType":1,"viewCount":3032,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":856685999,"gmtCreate":1635173628631,"gmtModify":1635173855099,"author":{"id":"3576061323846814","authorId":"3576061323846814","name":"YinTing","avatar":"https://static.tigerbbs.com/a28f0c9c918d2ce99c3d3f9eee4309fa","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3576061323846814","idStr":"3576061323846814"},"themes":[],"htmlText":"Good","listText":"Good","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/856685999","repostId":"2178991421","repostType":4,"isVote":1,"tweetType":1,"viewCount":1896,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":804044689,"gmtCreate":1627913842141,"gmtModify":1633755322965,"author":{"id":"3576061323846814","authorId":"3576061323846814","name":"YinTing","avatar":"https://static.tigerbbs.com/a28f0c9c918d2ce99c3d3f9eee4309fa","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3576061323846814","idStr":"3576061323846814"},"themes":[],"htmlText":"Strong","listText":"Strong","text":"Strong","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/804044689","repostId":"1155693481","repostType":4,"repost":{"id":"1155693481","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":1627913458,"share":"https://www.laohu8.com/m/news/1155693481?lang=zh_CN&edition=full","pubTime":"2021-08-02 22:10","market":"us","language":"en","title":"Tesla rose nearly 5% in morning trading<blockquote>特斯拉早盘涨近5%</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1155693481","media":"Tiger Newspress","summary":" $Tesla Motors$ rose nearly 5% in morning trading.Elon Musk confirms Tesla AI Day will be on August 19.In addition ,Last Thursday, Benzinga Proalerted its users Tesla hadfiled a patentthat would allow it to recover and recycle nickel and cobalt from old lithium-ion EV batteries.The patent, titled “Metal Sulfate Manufacturing System via Electrochemical Dissolution,” would allow the EV and technology company to recover the two crucial raw battery metals and reuse them making its supply chain more ","content":"<p>(August 2)&nbsp;<a href=\"https://laohu8.com/S/TSLA\">Tesla Motors</a> rose nearly 5% in morning trading.</p><p><blockquote>（8月2日）<a href=\"https://laohu8.com/S/TSLA\">特斯拉</a>早盘涨近5%。</blockquote></p><p> Elon Musk confirms Tesla AI Day will be on August 19.</p><p><blockquote>Elon Musk确认特斯拉人工智能日将于8月19日举行。</blockquote></p><p> In&nbsp;addition&nbsp;,Last Thursday,&nbsp;Benzinga Proalerted its users Tesla hadfiled a patentthat would allow it to recover and recycle nickel and cobalt from old lithium-ion EV batteries.</p><p><blockquote>此外，上周四，Benzinga提醒其用户特斯拉已申请一项专利，允许其从旧锂离子电动汽车电池中回收和再循环镍和钴。</blockquote></p><p> The patent, titled “Metal Sulfate Manufacturing System via Electrochemical Dissolution,” would allow the EV and technology company to recover the two crucial raw battery metals and reuse them making its supply chain more efficient.</p><p><blockquote>这项名为“通过电化学溶解的金属硫酸盐制造系统”的专利将使这家电动汽车和技术公司能够回收两种关键的电池金属原料并重复利用它们，从而提高其供应链的效率。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/9faf5c64c1d04f0efe8c72c78addc130\" tg-width=\"725\" tg-height=\"633\" referrerpolicy=\"no-referrer\"></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>Tesla rose nearly 5% in morning trading<blockquote>特斯拉早盘涨近5%</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTesla rose nearly 5% in morning trading<blockquote>特斯拉早盘涨近5%</blockquote>\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time smaller\">2021-08-02 22:10</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>(August 2)&nbsp;<a href=\"https://laohu8.com/S/TSLA\">Tesla Motors</a> rose nearly 5% in morning trading.</p><p><blockquote>（8月2日）<a href=\"https://laohu8.com/S/TSLA\">特斯拉</a>早盘涨近5%。</blockquote></p><p> Elon Musk confirms Tesla AI Day will be on August 19.</p><p><blockquote>Elon Musk确认特斯拉人工智能日将于8月19日举行。</blockquote></p><p> In&nbsp;addition&nbsp;,Last Thursday,&nbsp;Benzinga Proalerted its users Tesla hadfiled a patentthat would allow it to recover and recycle nickel and cobalt from old lithium-ion EV batteries.</p><p><blockquote>此外，上周四，Benzinga提醒其用户特斯拉已申请一项专利，允许其从旧锂离子电动汽车电池中回收和再循环镍和钴。</blockquote></p><p> The patent, titled “Metal Sulfate Manufacturing System via Electrochemical Dissolution,” would allow the EV and technology company to recover the two crucial raw battery metals and reuse them making its supply chain more efficient.</p><p><blockquote>这项名为“通过电化学溶解的金属硫酸盐制造系统”的专利将使这家电动汽车和技术公司能够回收两种关键的电池金属原料并重复利用它们，从而提高其供应链的效率。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/9faf5c64c1d04f0efe8c72c78addc130\" tg-width=\"725\" tg-height=\"633\" referrerpolicy=\"no-referrer\"></p><p><blockquote></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":"1155693481","content_text":"(August 2) Tesla Motors rose nearly 5% in morning trading.\nElon Musk confirms Tesla AI Day will be on August 19.\nIn addition ,Last Thursday, Benzinga Proalerted its users Tesla hadfiled a patentthat would allow it to recover and recycle nickel and cobalt from old lithium-ion EV batteries.\nThe patent, titled “Metal Sulfate Manufacturing System via Electrochemical Dissolution,” would allow the EV and technology company to recover the two crucial raw battery metals and reuse them making its supply chain more efficient.","news_type":1,"symbols_score_info":{"TSLA":0.9}},"isVote":1,"tweetType":1,"viewCount":474,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":842919581,"gmtCreate":1636124592192,"gmtModify":1636124592613,"author":{"id":"3576061323846814","authorId":"3576061323846814","name":"YinTing","avatar":"https://static.tigerbbs.com/a28f0c9c918d2ce99c3d3f9eee4309fa","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3576061323846814","idStr":"3576061323846814"},"themes":[],"htmlText":"Good","listText":"Good","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/842919581","repostId":"1136116425","repostType":4,"repost":{"id":"1136116425","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1636104081,"share":"https://www.laohu8.com/m/news/1136116425?lang=zh_CN&edition=full","pubTime":"2021-11-05 17:21","market":"us","language":"en","title":"U.S. Daylight Saving Time Ends on Sunday, Nov.7 2021<blockquote>美国夏令时将于2021年11月7日星期日结束</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1136116425","media":"Tiger Newspress","summary":"Dear Tigers, U.S. Daylight Saving Time Ends on Sunday, Nov.7 2021,at 2:00 a.m.\nAt that time,the regu","content":"<p>Dear Tigers, U.S. Daylight Saving Time Ends on Sunday, Nov.7 2021,at 2:00&nbsp;a.m.</p><p><blockquote>亲爱的老虎们，美国夏令时于2021年11月7日周日凌晨2点结束。</blockquote></p><p> At that time,the regular trading period of the US stock market will move toward by one hour, which will become 22:30 p.m.to 5:00 a.m（Beijing Time/SGT）. </p><p><blockquote>届时，美股常规交易时段将提前一小时，即北京时间下午22:30至凌晨5:00。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/e441a1a98d5230fc31d6f1652e577bde\" tg-width=\"674\" tg-height=\"365\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p> <b>Trading Hours</b></p><p><blockquote><b>交易时间</b></blockquote></p><p> U.S.&nbsp;Eastern Time:9:30 ~ 16:00; Beijing time /SGT :22:30 ~&nbsp;5:00 the next day</p><p><blockquote>美国东部时间：9:30~16:00；北京时间/SGT：22:30~次日5:00</blockquote></p><p> <b>pre-trade</b></p><p><blockquote><b>交易前</b></blockquote></p><p> U.S.&nbsp;Eastern Time:4:00 ~ 9:30;Beijing time/SGT :17:00&nbsp;~&nbsp;22:30</p><p><blockquote>美国东部时间：4:00~9:30；北京时间/SGT：17:00~22:30</blockquote></p><p> <b>post-trade</b></p><p><blockquote><b>交易后</b></blockquote></p><p> U.S.&nbsp;Eastern Time:16：00~20：00;Beijing time/SGT:5:00&nbsp;~&nbsp;9:00</p><p><blockquote>美国东部时间：16:00~20:00；北京时间/SGT：5:00~9:00</blockquote></p><p> (Note: Daylight saving time always begins on the second Sunday in March and ends on the first Sunday in November)</p><p><blockquote>（注：夏令时总是从三月的第二个星期日开始，到十一月的第一个星期日结束）</blockquote></p><p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>U.S. Daylight Saving Time Ends on Sunday, Nov.7 2021<blockquote>美国夏令时将于2021年11月7日星期日结束</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nU.S. Daylight Saving Time Ends on Sunday, Nov.7 2021<blockquote>美国夏令时将于2021年11月7日星期日结束</blockquote>\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time smaller\">2021-11-05 17:21</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>Dear Tigers, U.S. Daylight Saving Time Ends on Sunday, Nov.7 2021,at 2:00&nbsp;a.m.</p><p><blockquote>亲爱的老虎们，美国夏令时于2021年11月7日周日凌晨2点结束。</blockquote></p><p> At that time,the regular trading period of the US stock market will move toward by one hour, which will become 22:30 p.m.to 5:00 a.m（Beijing Time/SGT）. </p><p><blockquote>届时，美股常规交易时段将提前一小时，即北京时间下午22:30至凌晨5:00。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/e441a1a98d5230fc31d6f1652e577bde\" tg-width=\"674\" tg-height=\"365\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p> <b>Trading Hours</b></p><p><blockquote><b>交易时间</b></blockquote></p><p> U.S.&nbsp;Eastern Time:9:30 ~ 16:00; Beijing time /SGT :22:30 ~&nbsp;5:00 the next day</p><p><blockquote>美国东部时间：9:30~16:00；北京时间/SGT：22:30~次日5:00</blockquote></p><p> <b>pre-trade</b></p><p><blockquote><b>交易前</b></blockquote></p><p> U.S.&nbsp;Eastern Time:4:00 ~ 9:30;Beijing time/SGT :17:00&nbsp;~&nbsp;22:30</p><p><blockquote>美国东部时间：4:00~9:30；北京时间/SGT：17:00~22:30</blockquote></p><p> <b>post-trade</b></p><p><blockquote><b>交易后</b></blockquote></p><p> U.S.&nbsp;Eastern Time:16：00~20：00;Beijing time/SGT:5:00&nbsp;~&nbsp;9:00</p><p><blockquote>美国东部时间：16:00~20:00；北京时间/SGT：5:00~9:00</blockquote></p><p> (Note: Daylight saving time always begins on the second Sunday in March and ends on the first Sunday in November)</p><p><blockquote>（注：夏令时总是从三月的第二个星期日开始，到十一月的第一个星期日结束）</blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index",".DJI":"道琼斯",".IXIC":"NASDAQ Composite"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1136116425","content_text":"Dear Tigers, U.S. Daylight Saving Time Ends on Sunday, Nov.7 2021,at 2:00 a.m.\nAt that time,the regular trading period of the US stock market will move toward by one hour, which will become 22:30 p.m.to 5:00 a.m（Beijing Time/SGT）. \n\nTrading Hours\nU.S. Eastern Time:9:30 ~ 16:00; Beijing time /SGT :22:30 ~ 5:00 the next day\npre-trade\nU.S. Eastern Time:4:00 ~ 9:30;Beijing time/SGT :17:00 ~ 22:30\npost-trade\nU.S. Eastern Time:16：00~20：00;Beijing time/SGT:5:00 ~ 9:00\n(Note: Daylight saving time always begins on the second Sunday in March and ends on the first Sunday in November)","news_type":1,"symbols_score_info":{".IXIC":0.9,".SPX":0.9,".DJI":0.9}},"isVote":1,"tweetType":1,"viewCount":2103,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":176611715,"gmtCreate":1626879553037,"gmtModify":1633770138471,"author":{"id":"3576061323846814","authorId":"3576061323846814","name":"YinTing","avatar":"https://static.tigerbbs.com/a28f0c9c918d2ce99c3d3f9eee4309fa","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3576061323846814","idStr":"3576061323846814"},"themes":[],"htmlText":"Don't stop the music&nbsp;","listText":"Don't stop the music&nbsp;","text":"Don't stop the music","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/176611715","repostId":"1107219983","repostType":4,"isVote":1,"tweetType":1,"viewCount":288,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":154530302,"gmtCreate":1625533265306,"gmtModify":1633939940846,"author":{"id":"3576061323846814","authorId":"3576061323846814","name":"YinTing","avatar":"https://static.tigerbbs.com/a28f0c9c918d2ce99c3d3f9eee4309fa","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3576061323846814","idStr":"3576061323846814"},"themes":[],"htmlText":"Don't think it is positive&nbsp;","listText":"Don't think it is positive&nbsp;","text":"Don't think it is positive","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/154530302","repostId":"1190430616","repostType":4,"isVote":1,"tweetType":1,"viewCount":320,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":343737104,"gmtCreate":1617754851008,"gmtModify":1634296743092,"author":{"id":"3576061323846814","authorId":"3576061323846814","name":"YinTing","avatar":"https://static.tigerbbs.com/a28f0c9c918d2ce99c3d3f9eee4309fa","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3576061323846814","idStr":"3576061323846814"},"themes":[],"htmlText":"Things are still fine&nbsp;","listText":"Things are still fine&nbsp;","text":"Things are still fine","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/343737104","repostId":"1101907559","repostType":4,"repost":{"id":"1101907559","kind":"news","pubTimestamp":1617672655,"share":"https://www.laohu8.com/m/news/1101907559?lang=zh_CN&edition=full","pubTime":"2021-04-06 09:30","market":"us","language":"en","title":"Opinion: Financial crises get triggered about every 10 years — Archegos might be right on time<blockquote>观点：金融危机大约每10年就会引发一次——Archegos可能准时出现</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1101907559","media":"marketwatch","summary":"No one, for now, can say for sure that the so-called family office’s billions in investment losses won’t spread.Financial crises are never quite the same. During the late 1980s, nearly a third of the nation’s savings and loan associations failed, ending with a taxpayer bailout — in 2021 terms — of about $265 billion.In 1997-1998, financial crises in Asia and Russia led to the near meltdown of the largest hedge fund in the U.S. —Long-Term Capital Management. Its reach and operating practices were","content":"<p>  <b>No one, for now, can say for sure that the so-called family office’s billions in investment losses won’t spread.</b>  Financial crises are never quite the same. During the late 1980s, nearly a third of the nation’s savings and loan associations failed, ending with a taxpayer bailout — in 2021 terms — of about $265 billion.</p><p><blockquote><b>目前，没有人能肯定地说，所谓的家族办公室数十亿美元的投资损失不会蔓延。</b>金融危机从来都不完全一样。20世纪80年代末，美国近三分之一的储蓄和贷款协会倒闭，最终获得了约2650亿美元的纳税人救助（按2021年计算）。</blockquote></p><p> In 1997-1998, financial crises in Asia and Russia led to the near meltdown of the largest hedge fund in the U.S. —Long-Term Capital Management(LTCM). Its reach and operating practices were such that Federal Reserve Chairman Alan Greenspan said that when LTCM failed, “he had never seen anything in his lifetime that compared to the terror” he felt. LTCM was deemed “too big to fail,” and he engineered a bailout by 14 major U.S. financial institutions.</p><p><blockquote>1997-1998年，亚洲和俄国的金融危机导致美国最大的对冲基金——长期资本管理公司（LTCM）几近崩溃。它的影响力和运营实践如此之大，以至于美联储主席艾伦·格林斯潘说，当LTCM失败时，“他一生中从未见过任何与他所感受到的恐怖相比的事情”。LTCM被认为“太大而不能倒”，他策划了对14家美国主要金融机构的救助。</blockquote></p><p> Exactly a decade later, too much leverage by some of those very institutions, and the bursting of a U.S. real estate bubble, led to the near collapse of the U.S. financial system. Once again, big banks were deemed too big to fail and taxpayers came to the rescue.</p><p><blockquote>整整十年后，其中一些机构的过度杠杆化，以及美国房地产泡沫的破裂，导致美国金融体系几近崩溃。大银行再一次被认为太大而不能倒，纳税人前来救援。</blockquote></p><p> The trend? Every 10 years or so, and they all look different.&nbsp;Are we in the early stages of a new crisis now, with the blowup at the family office Archegos Capital Management LP?</p><p><blockquote>趋势？每隔10年左右，它们看起来都不一样。随着家族办公室Archegos Capital Management LP的爆发，我们现在是否正处于新危机的早期阶段？</blockquote></p><p> A family office, for the uninitiated, is a private wealth management vehicle for the ultra-wealthy. Here’s what I mean by ultra-wealthy: Consulting firm EY estimates there are some 10,000 family offices globally, but manage, says a separate estimate by market research firm Campden Research, nearly $6 trillion. That $6 trillion is likely far higher now given that it’s based on 2019 data.</p><p><blockquote>对于外行人来说，家族办公室是超级富豪的私人财富管理工具。这就是我所说的超级富豪的意思：咨询公司安永估计全球约有10,000个家族理财室，但市场研究公司Campden Research的另一项估计称，管理家族理财室的规模接近6万亿美元。鉴于这6万亿美元是基于2019年的数据，现在可能要高得多。</blockquote></p><p> <b>Unregulated money managers</b></p><p><blockquote><b>不受监管的基金经理</b></blockquote></p><p> Here’s the potential danger. Family offices generally aren’t regulated. The 1940 Investment Advisers Act says firms with 15 clients or fewer don’t have to register with the Securities and Exchange Commission. What this means is that trillions of dollars are in play and no one can really say who’s running the money, what it’s invested in, how much leverage is being used, and what kind of counterparty risk may exist. (Counterparty risk is the probability that one party involved in a financial transaction could default on a contractual obligation to someone else.)</p><p><blockquote>这是潜在的危险。家族理财室通常不受监管。1940年《投资顾问法》规定，拥有15名或更少客户的公司无需向美国证券交易委员会注册。这意味着数万亿美元正在发挥作用，没有人能真正说出谁在管理这笔钱，它投资于什么，使用了多少杠杆，以及可能存在什么样的交易对手风险。（交易对手风险是指参与金融交易的一方可能违反对另一方的合同义务的概率。）</blockquote></p><p> This appears to be the case with Archegos. The firm bet heavily on certain Chinese stocks, including e-commerce player&nbsp;Vipshop Holdings&nbsp;Ltd.VIPS,-1.19%,U.S.-listed Chinese tutoring company&nbsp;GSX Techedu&nbsp;Inc.GSX,-10.63%and U.S. media companiesViacomCBS&nbsp;Inc.VIAC,-3.90%and&nbsp;Discovery&nbsp;Inc.DISCA,-3.86%,among others. Share prices have tumbled lately, sparking large sales — some $30 billion — by Archegos.</p><p><blockquote>Archegos似乎就是这种情况。该公司大举押注某些中国股票，包括电子商务公司唯品会控股有限公司VIPS，-1.19%，在美国上市的中国家教公司跟谁学GSX，-10.63%，以及美国媒体公司维亚康姆哥伦比亚广播公司VIAC，-3.90%和Discovery Inc.DISCA，-3.86%等。最近股价暴跌，引发Archegos的大量抛售（约300亿美元）。</blockquote></p><p> The problem is that only about a third of that, or $10 billion, was its own money. We now know that Archegos worked with some of the biggest names on Wall Street, including&nbsp;Credit Suisse Group AGCS,+1.59%,UBS Group AGUBS,+1.01%,Goldman Sachs Group Inc.GS,-1.25%,&nbsp;Morgan StanleyMS,-0.28%,Deutsche Bank AGDB,+0.74%and Nomura Holdings Inc.&nbsp;NMR,+1.87%.</p><p><blockquote>问题是，其中只有大约三分之一，即100亿美元，是它自己的钱。我们现在知道Archegos与华尔街的一些大牌合作，包括瑞士信贷集团AGCS，+1.59%，瑞银集团AGUBS，+1.01%，高盛集团Inc.GS，-1.25%，摩根士丹利MS，-0.28%，德意志银行AGDB，+0.74%，野村控股公司NMR，+1.87%。</blockquote></p><p> But since family offices are largely allowed to operate unregulated, who’s to say how much money is really involved here and what the extent of market risk is? My colleague Mark DeCambre&nbsp;reported last week that Archegos’ true exposures to bad trades could actuallybe closer to $100 billion.</p><p><blockquote>但由于家族办公室在很大程度上被允许不受监管地运营，谁能说这里真正涉及多少资金以及市场风险有多大？我的同事Mark DeCambre上周报告称，Archegos对不良交易的真实敞口实际上可能接近1000亿美元。</blockquote></p><p> <b>Danger of counterparty risk</b></p><p><blockquote><b>交易对手风险的危险性</b></blockquote></p><p> This is where counterparty risk comes in. As Archegos’ bets went south, the above banks — looking at losses of their own — hit the firm with margin calls. Deutsche quickly dumped about $4 billion in holdings, while Goldman and Morgan Stanley are also said to have unwound their positions, perhaps limiting their downside.</p><p><blockquote>这就是交易对手风险的用武之地。随着Archegos的赌注落空，上述银行考虑到自己的损失，以保证金评级打击了该公司。德意志银行迅速抛售了约40亿美元的持股，而高盛和摩根士丹利据说也已平仓，这或许限制了它们的下跌空间。</blockquote></p><p> So is this a financial crisis? It doesn’t appear to be. Even so, the Securities and Exchange Commission has opened a preliminary investigation into Archegos and its founder, Bill Hwang.</p><p><blockquote>那么这是金融危机吗？似乎不是。即便如此，美国证券交易委员会还是对Archegos及其创始人Bill Hwang展开了初步调查。</blockquote></p><p> One peer, Tom Lee, the research chief of Fundstrat Global Advisors, calls Hwang one of the “top 10 of the best investment minds” he knows.</p><p><blockquote>Fundstrat Global Advisors的研究主管Tom Lee是他认识的“十大最佳投资头脑”之一的评级·黄。</blockquote></p><p> But federal regulators may have a lesser opinion. In 2012, Hwang’s former hedge fund, Tiger Asia Management, pleaded guilty and paid more than $60 million in penalties after it was accused of trading on illegal tips about Chinese banks. The SEC banned Hwang from managing money on behalf of clients — essentially booting him from the hedge fund industry. So Hwang opened Archegos, and again, family offices aren’t generally aren’t regulated.</p><p><blockquote>但联邦监管机构的意见可能较少。2012年，黄禹锡的前对冲基金老虎亚洲管理公司(Tiger Asia Management)认罪并支付了超过6000万美元的罚款，此前该公司被指控利用有关中国银行的非法线索进行交易。美国证券交易委员会禁止黄禹锡代表客户管理资金——实质上是将他踢出对冲基金行业。因此，Hwang开设了Archegos，同样，家族理财室通常不受监管。</blockquote></p><p> <b>Yellen on the case</b></p><p><blockquote><b>耶伦谈此案</b></blockquote></p><p> This issue is on Treasury Secretary Janet Yellen’s radar. She said last week that greater oversight of these private corners of the financial industry is needed. The Financial Stability Oversight Council (FSOC), which she oversees, has revived a task force to help agencies better “share data, identify risks and work to strengthen our financial system.”</p><p><blockquote>这个问题引起了财政部长珍妮特·耶伦的关注。她上周表示，需要加强对金融业这些私人角落的监管。她监管的金融稳定监督委员会（FSOC）重新成立了一个工作组，以帮助各机构更好地“共享数据、识别风险并努力加强我们的金融体系”。</blockquote></p><p></p><p> Most financial crises end up with American taxpayers getting stuck with the tab. Gains belong to the risk-takers. But losses — they belong to us. To paraphrase Abe Lincoln, family offices — a multi-trillion dollar industry largely allowed to operate in the shadows in a global financial system that is more intertwined than ever — are of the super-wealthy, by the super-wealthy and for the super-wealthy. And no one else.</p><p><blockquote>大多数金融危机最终都是美国纳税人陷入困境。收益属于冒险者。但是损失——它们属于我们。套用亚伯·林肯（Abe Lincoln）的话，家族办公室——一个价值数万亿美元的行业，在一个比以往任何时候都更加交织在一起的全球金融体系中，很大程度上被允许在阴影中运作——属于超级富豪，由超级富豪经营，为超级富豪服务。没有其他人。</blockquote></p><p> The Archegos collapse may or may not be the beginning of yet another financial crisis. But who’s to say what thousands of other family offices are doing with their trillions, and whether similar problems could blow up?</p><p><blockquote>Archegos的倒闭可能是也可能不是另一场金融危机的开始。但谁能说其他数千家家族理财室正在用他们的数万亿美元做什么，以及类似的问题是否会爆发？</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: Financial crises get triggered about every 10 years — Archegos might be right on time<blockquote>观点：金融危机大约每10年就会引发一次——Archegos可能准时出现</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: Financial crises get triggered about every 10 years — Archegos might be right on time<blockquote>观点：金融危机大约每10年就会引发一次——Archegos可能准时出现</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">marketwatch</strong><span class=\"h-time small\">2021-04-06 09:30</span>\n</p>\n</h4>\n</header>\n<article>\n<p>  <b>No one, for now, can say for sure that the so-called family office’s billions in investment losses won’t spread.</b>  Financial crises are never quite the same. During the late 1980s, nearly a third of the nation’s savings and loan associations failed, ending with a taxpayer bailout — in 2021 terms — of about $265 billion.</p><p><blockquote><b>目前，没有人能肯定地说，所谓的家族办公室数十亿美元的投资损失不会蔓延。</b>金融危机从来都不完全一样。20世纪80年代末，美国近三分之一的储蓄和贷款协会倒闭，最终获得了约2650亿美元的纳税人救助（按2021年计算）。</blockquote></p><p> In 1997-1998, financial crises in Asia and Russia led to the near meltdown of the largest hedge fund in the U.S. —Long-Term Capital Management(LTCM). Its reach and operating practices were such that Federal Reserve Chairman Alan Greenspan said that when LTCM failed, “he had never seen anything in his lifetime that compared to the terror” he felt. LTCM was deemed “too big to fail,” and he engineered a bailout by 14 major U.S. financial institutions.</p><p><blockquote>1997-1998年，亚洲和俄国的金融危机导致美国最大的对冲基金——长期资本管理公司（LTCM）几近崩溃。它的影响力和运营实践如此之大，以至于美联储主席艾伦·格林斯潘说，当LTCM失败时，“他一生中从未见过任何与他所感受到的恐怖相比的事情”。LTCM被认为“太大而不能倒”，他策划了对14家美国主要金融机构的救助。</blockquote></p><p> Exactly a decade later, too much leverage by some of those very institutions, and the bursting of a U.S. real estate bubble, led to the near collapse of the U.S. financial system. Once again, big banks were deemed too big to fail and taxpayers came to the rescue.</p><p><blockquote>整整十年后，其中一些机构的过度杠杆化，以及美国房地产泡沫的破裂，导致美国金融体系几近崩溃。大银行再一次被认为太大而不能倒，纳税人前来救援。</blockquote></p><p> The trend? Every 10 years or so, and they all look different.&nbsp;Are we in the early stages of a new crisis now, with the blowup at the family office Archegos Capital Management LP?</p><p><blockquote>趋势？每隔10年左右，它们看起来都不一样。随着家族办公室Archegos Capital Management LP的爆发，我们现在是否正处于新危机的早期阶段？</blockquote></p><p> A family office, for the uninitiated, is a private wealth management vehicle for the ultra-wealthy. Here’s what I mean by ultra-wealthy: Consulting firm EY estimates there are some 10,000 family offices globally, but manage, says a separate estimate by market research firm Campden Research, nearly $6 trillion. That $6 trillion is likely far higher now given that it’s based on 2019 data.</p><p><blockquote>对于外行人来说，家族办公室是超级富豪的私人财富管理工具。这就是我所说的超级富豪的意思：咨询公司安永估计全球约有10,000个家族理财室，但市场研究公司Campden Research的另一项估计称，管理家族理财室的规模接近6万亿美元。鉴于这6万亿美元是基于2019年的数据，现在可能要高得多。</blockquote></p><p> <b>Unregulated money managers</b></p><p><blockquote><b>不受监管的基金经理</b></blockquote></p><p> Here’s the potential danger. Family offices generally aren’t regulated. The 1940 Investment Advisers Act says firms with 15 clients or fewer don’t have to register with the Securities and Exchange Commission. What this means is that trillions of dollars are in play and no one can really say who’s running the money, what it’s invested in, how much leverage is being used, and what kind of counterparty risk may exist. (Counterparty risk is the probability that one party involved in a financial transaction could default on a contractual obligation to someone else.)</p><p><blockquote>这是潜在的危险。家族理财室通常不受监管。1940年《投资顾问法》规定，拥有15名或更少客户的公司无需向美国证券交易委员会注册。这意味着数万亿美元正在发挥作用，没有人能真正说出谁在管理这笔钱，它投资于什么，使用了多少杠杆，以及可能存在什么样的交易对手风险。（交易对手风险是指参与金融交易的一方可能违反对另一方的合同义务的概率。）</blockquote></p><p> This appears to be the case with Archegos. The firm bet heavily on certain Chinese stocks, including e-commerce player&nbsp;Vipshop Holdings&nbsp;Ltd.VIPS,-1.19%,U.S.-listed Chinese tutoring company&nbsp;GSX Techedu&nbsp;Inc.GSX,-10.63%and U.S. media companiesViacomCBS&nbsp;Inc.VIAC,-3.90%and&nbsp;Discovery&nbsp;Inc.DISCA,-3.86%,among others. Share prices have tumbled lately, sparking large sales — some $30 billion — by Archegos.</p><p><blockquote>Archegos似乎就是这种情况。该公司大举押注某些中国股票，包括电子商务公司唯品会控股有限公司VIPS，-1.19%，在美国上市的中国家教公司跟谁学GSX，-10.63%，以及美国媒体公司维亚康姆哥伦比亚广播公司VIAC，-3.90%和Discovery Inc.DISCA，-3.86%等。最近股价暴跌，引发Archegos的大量抛售（约300亿美元）。</blockquote></p><p> The problem is that only about a third of that, or $10 billion, was its own money. We now know that Archegos worked with some of the biggest names on Wall Street, including&nbsp;Credit Suisse Group AGCS,+1.59%,UBS Group AGUBS,+1.01%,Goldman Sachs Group Inc.GS,-1.25%,&nbsp;Morgan StanleyMS,-0.28%,Deutsche Bank AGDB,+0.74%and Nomura Holdings Inc.&nbsp;NMR,+1.87%.</p><p><blockquote>问题是，其中只有大约三分之一，即100亿美元，是它自己的钱。我们现在知道Archegos与华尔街的一些大牌合作，包括瑞士信贷集团AGCS，+1.59%，瑞银集团AGUBS，+1.01%，高盛集团Inc.GS，-1.25%，摩根士丹利MS，-0.28%，德意志银行AGDB，+0.74%，野村控股公司NMR，+1.87%。</blockquote></p><p> But since family offices are largely allowed to operate unregulated, who’s to say how much money is really involved here and what the extent of market risk is? My colleague Mark DeCambre&nbsp;reported last week that Archegos’ true exposures to bad trades could actuallybe closer to $100 billion.</p><p><blockquote>但由于家族办公室在很大程度上被允许不受监管地运营，谁能说这里真正涉及多少资金以及市场风险有多大？我的同事Mark DeCambre上周报告称，Archegos对不良交易的真实敞口实际上可能接近1000亿美元。</blockquote></p><p> <b>Danger of counterparty risk</b></p><p><blockquote><b>交易对手风险的危险性</b></blockquote></p><p> This is where counterparty risk comes in. As Archegos’ bets went south, the above banks — looking at losses of their own — hit the firm with margin calls. Deutsche quickly dumped about $4 billion in holdings, while Goldman and Morgan Stanley are also said to have unwound their positions, perhaps limiting their downside.</p><p><blockquote>这就是交易对手风险的用武之地。随着Archegos的赌注落空，上述银行考虑到自己的损失，以保证金评级打击了该公司。德意志银行迅速抛售了约40亿美元的持股，而高盛和摩根士丹利据说也已平仓，这或许限制了它们的下跌空间。</blockquote></p><p> So is this a financial crisis? It doesn’t appear to be. Even so, the Securities and Exchange Commission has opened a preliminary investigation into Archegos and its founder, Bill Hwang.</p><p><blockquote>那么这是金融危机吗？似乎不是。即便如此，美国证券交易委员会还是对Archegos及其创始人Bill Hwang展开了初步调查。</blockquote></p><p> One peer, Tom Lee, the research chief of Fundstrat Global Advisors, calls Hwang one of the “top 10 of the best investment minds” he knows.</p><p><blockquote>Fundstrat Global Advisors的研究主管Tom Lee是他认识的“十大最佳投资头脑”之一的评级·黄。</blockquote></p><p> But federal regulators may have a lesser opinion. In 2012, Hwang’s former hedge fund, Tiger Asia Management, pleaded guilty and paid more than $60 million in penalties after it was accused of trading on illegal tips about Chinese banks. The SEC banned Hwang from managing money on behalf of clients — essentially booting him from the hedge fund industry. So Hwang opened Archegos, and again, family offices aren’t generally aren’t regulated.</p><p><blockquote>但联邦监管机构的意见可能较少。2012年，黄禹锡的前对冲基金老虎亚洲管理公司(Tiger Asia Management)认罪并支付了超过6000万美元的罚款，此前该公司被指控利用有关中国银行的非法线索进行交易。美国证券交易委员会禁止黄禹锡代表客户管理资金——实质上是将他踢出对冲基金行业。因此，Hwang开设了Archegos，同样，家族理财室通常不受监管。</blockquote></p><p> <b>Yellen on the case</b></p><p><blockquote><b>耶伦谈此案</b></blockquote></p><p> This issue is on Treasury Secretary Janet Yellen’s radar. She said last week that greater oversight of these private corners of the financial industry is needed. The Financial Stability Oversight Council (FSOC), which she oversees, has revived a task force to help agencies better “share data, identify risks and work to strengthen our financial system.”</p><p><blockquote>这个问题引起了财政部长珍妮特·耶伦的关注。她上周表示，需要加强对金融业这些私人角落的监管。她监管的金融稳定监督委员会（FSOC）重新成立了一个工作组，以帮助各机构更好地“共享数据、识别风险并努力加强我们的金融体系”。</blockquote></p><p></p><p> Most financial crises end up with American taxpayers getting stuck with the tab. Gains belong to the risk-takers. But losses — they belong to us. To paraphrase Abe Lincoln, family offices — a multi-trillion dollar industry largely allowed to operate in the shadows in a global financial system that is more intertwined than ever — are of the super-wealthy, by the super-wealthy and for the super-wealthy. And no one else.</p><p><blockquote>大多数金融危机最终都是美国纳税人陷入困境。收益属于冒险者。但是损失——它们属于我们。套用亚伯·林肯（Abe Lincoln）的话，家族办公室——一个价值数万亿美元的行业，在一个比以往任何时候都更加交织在一起的全球金融体系中，很大程度上被允许在阴影中运作——属于超级富豪，由超级富豪经营，为超级富豪服务。没有其他人。</blockquote></p><p> The Archegos collapse may or may not be the beginning of yet another financial crisis. But who’s to say what thousands of other family offices are doing with their trillions, and whether similar problems could blow up?</p><p><blockquote>Archegos的倒闭可能是也可能不是另一场金融危机的开始。但谁能说其他数千家家族理财室正在用他们的数万亿美元做什么，以及类似的问题是否会爆发？</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.marketwatch.com/story/financial-crises-happen-about-every-10-years-which-makes-the-archegos-meltdown-unnerving-11617634942?mod=home-page\">marketwatch</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯",".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite","SPY":"标普500ETF"},"source_url":"https://www.marketwatch.com/story/financial-crises-happen-about-every-10-years-which-makes-the-archegos-meltdown-unnerving-11617634942?mod=home-page","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1101907559","content_text":"No one, for now, can say for sure that the so-called family office’s billions in investment losses won’t spread.\n\nFinancial crises are never quite the same. During the late 1980s, nearly a third of the nation’s savings and loan associations failed, ending with a taxpayer bailout — in 2021 terms — of about $265 billion.\nIn 1997-1998, financial crises in Asia and Russia led to the near meltdown of the largest hedge fund in the U.S. —Long-Term Capital Management(LTCM). Its reach and operating practices were such that Federal Reserve Chairman Alan Greenspan said that when LTCM failed, “he had never seen anything in his lifetime that compared to the terror” he felt. LTCM was deemed “too big to fail,” and he engineered a bailout by 14 major U.S. financial institutions.\nExactly a decade later, too much leverage by some of those very institutions, and the bursting of a U.S. real estate bubble, led to the near collapse of the U.S. financial system. Once again, big banks were deemed too big to fail and taxpayers came to the rescue.\nThe trend? Every 10 years or so, and they all look different. Are we in the early stages of a new crisis now, with the blowup at the family office Archegos Capital Management LP?\nA family office, for the uninitiated, is a private wealth management vehicle for the ultra-wealthy. Here’s what I mean by ultra-wealthy: Consulting firm EY estimates there are some 10,000 family offices globally, but manage, says a separate estimate by market research firm Campden Research, nearly $6 trillion. That $6 trillion is likely far higher now given that it’s based on 2019 data.\nUnregulated money managers\nHere’s the potential danger. Family offices generally aren’t regulated. The 1940 Investment Advisers Act says firms with 15 clients or fewer don’t have to register with the Securities and Exchange Commission. What this means is that trillions of dollars are in play and no one can really say who’s running the money, what it’s invested in, how much leverage is being used, and what kind of counterparty risk may exist. (Counterparty risk is the probability that one party involved in a financial transaction could default on a contractual obligation to someone else.)\nThis appears to be the case with Archegos. The firm bet heavily on certain Chinese stocks, including e-commerce player Vipshop Holdings Ltd.VIPS,-1.19%,U.S.-listed Chinese tutoring company GSX Techedu Inc.GSX,-10.63%and U.S. media companiesViacomCBS Inc.VIAC,-3.90%and Discovery Inc.DISCA,-3.86%,among others. Share prices have tumbled lately, sparking large sales — some $30 billion — by Archegos.\nThe problem is that only about a third of that, or $10 billion, was its own money. We now know that Archegos worked with some of the biggest names on Wall Street, including Credit Suisse Group AGCS,+1.59%,UBS Group AGUBS,+1.01%,Goldman Sachs Group Inc.GS,-1.25%, Morgan StanleyMS,-0.28%,Deutsche Bank AGDB,+0.74%and Nomura Holdings Inc. NMR,+1.87%.\nBut since family offices are largely allowed to operate unregulated, who’s to say how much money is really involved here and what the extent of market risk is? My colleague Mark DeCambre reported last week that Archegos’ true exposures to bad trades could actuallybe closer to $100 billion.\nDanger of counterparty risk\nThis is where counterparty risk comes in. As Archegos’ bets went south, the above banks — looking at losses of their own — hit the firm with margin calls. Deutsche quickly dumped about $4 billion in holdings, while Goldman and Morgan Stanley are also said to have unwound their positions, perhaps limiting their downside.\nSo is this a financial crisis? It doesn’t appear to be. Even so, the Securities and Exchange Commission has opened a preliminary investigation into Archegos and its founder, Bill Hwang.\nOne peer, Tom Lee, the research chief of Fundstrat Global Advisors, calls Hwang one of the “top 10 of the best investment minds” he knows.\nBut federal regulators may have a lesser opinion. In 2012, Hwang’s former hedge fund, Tiger Asia Management, pleaded guilty and paid more than $60 million in penalties after it was accused of trading on illegal tips about Chinese banks. The SEC banned Hwang from managing money on behalf of clients — essentially booting him from the hedge fund industry. So Hwang opened Archegos, and again, family offices aren’t generally aren’t regulated.\nYellen on the case\nThis issue is on Treasury Secretary Janet Yellen’s radar. She said last week that greater oversight of these private corners of the financial industry is needed. The Financial Stability Oversight Council (FSOC), which she oversees, has revived a task force to help agencies better “share data, identify risks and work to strengthen our financial system.”\nMost financial crises end up with American taxpayers getting stuck with the tab. Gains belong to the risk-takers. But losses — they belong to us. To paraphrase Abe Lincoln, family offices — a multi-trillion dollar industry largely allowed to operate in the shadows in a global financial system that is more intertwined than ever — are of the super-wealthy, by the super-wealthy and for the super-wealthy. And no one else.\nThe Archegos collapse may or may not be the beginning of yet another financial crisis. But who’s to say what thousands of other family offices are doing with their trillions, and whether similar problems could blow up?","news_type":1,"symbols_score_info":{".DJI":0.9,"SPY":0.9,".SPX":0.9,".IXIC":0.9}},"isVote":1,"tweetType":1,"viewCount":292,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":340271216,"gmtCreate":1617423444335,"gmtModify":1634521011983,"author":{"id":"3576061323846814","authorId":"3576061323846814","name":"YinTing","avatar":"https://static.tigerbbs.com/a28f0c9c918d2ce99c3d3f9eee4309fa","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3576061323846814","idStr":"3576061323846814"},"themes":[],"htmlText":"Keep buying&nbsp;","listText":"Keep buying&nbsp;","text":"Keep buying","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/340271216","repostId":"2124875875","repostType":4,"isVote":1,"tweetType":1,"viewCount":423,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":814587371,"gmtCreate":1630845543293,"gmtModify":1631883982121,"author":{"id":"3576061323846814","authorId":"3576061323846814","name":"YinTing","avatar":"https://static.tigerbbs.com/a28f0c9c918d2ce99c3d3f9eee4309fa","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3576061323846814","idStr":"3576061323846814"},"themes":[],"htmlText":"Just keep buying&nbsp;","listText":"Just keep buying&nbsp;","text":"Just keep buying","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/814587371","repostId":"1168498795","repostType":4,"repost":{"id":"1168498795","kind":"news","pubTimestamp":1630655991,"share":"https://www.laohu8.com/m/news/1168498795?lang=zh_CN&edition=full","pubTime":"2021-09-03 15:59","market":"us","language":"en","title":"Speak No Evil of the S&P 500’s Neverending Records<blockquote>不要说标普500永无止境的记录的坏话</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1168498795","media":"The Wall Street Journal","summary":"Investors buying stocks no matter what shouldn’t fool themselves that the future will deliver the ch","content":"<p>  <b>Investors buying stocks no matter what shouldn’t fool themselves that the future will deliver the chunky returns of the past decade.</b>  <img src=\"https://static.tigerbbs.com/6573eb955692f754acc1285622febd53\" tg-width=\"878\" tg-height=\"520\" width=\"100%\" height=\"auto\">The S&amp;P 500 is like the three wise monkeys: See no evil, hear no evil, speak no evil.Whatever happens, it just goes up. The market has gone up almost in a straight line since November despite a troubling list of events that could each have justified at least a 5% correction. Investors are incredibly resilient.</p><p><blockquote><b>无论如何购买股票的投资者都不应该自欺欺人地认为未来将带来过去十年的丰厚回报。</b>标普500就像三只聪明的猴子：不看邪恶，不听邪恶，不说邪恶。无论发生什么，它都会上升。自11月以来，市场几乎直线上涨，尽管发生了一系列令人不安的事件，每个事件都可能证明至少5%的回调是合理的。投资者的韧性令人难以置信。</blockquote></p><p> Some things that didn’t matter:a burst bubble in clean-energy stocks;a sharp rise in Treasury yields(to March);a big fall in Treasury yields(since March); China’s crackdown on moneymaking; the Federal Reserve’sshift toward tapering bond purchases; and the rise of the Delta variant.</p><p><blockquote>一些无关紧要的事情：清洁能源股票泡沫破裂；国债收益率大幅上升（至3月）；国债收益率大幅下跌（自3月以来）；我国关于赚钱的打压；美联储转向缩减债券购买；以及德尔塔变异毒株的崛起。</blockquote></p><p> On the optimistic side, it is great that the market has been pushed up by a variety of forces, not by wild excess in a single area. We need not worry that the bubble in clean energy will burst and bring down the market, because it has already burst without bringing down the market.</p><p><blockquote>乐观的一面是，市场被多种力量推高，而不是单一地区的疯狂过剩，这很好。我们不必担心清洁能源的泡沫会破裂，拖垮市场，因为它已经破裂了，没有拖垮市场。</blockquote></p><p> Throughout all this, the stock market has risen steadily,without a 5% fall since shortly before the election last year. Every time part of the market—technology stocks, cheap stocks, smaller stocks, oil stocks, strong-balance-sheet stocks—stops performing, something else steps in to rescue the broader index. The market seems invulnerable to bad news, and that is unusual. On the face of it, it is also scary, suggesting investors are complacent about danger.</p><p><blockquote>纵观这一切，股市稳步上涨，自去年大选前不久以来没有出现过5%的下跌。每当市场的一部分——科技股、廉价股、小型股、石油股、资产负债表强劲的股票——停止表现时，就会有其他东西介入拯救更广泛的指数。市场似乎不会受到坏消息的影响，这是不寻常的。从表面上看，这也很可怕，表明投资者对危险沾沾自喜。</blockquote></p><p> It is far from unprecedented to go a long time without a correction, with 10 episodes since 1963 when the market lasted more than 200 trading days without a 5% drop. But they were different from the recent run. In every other case, the market was far calmer below the surface. This time, major events led to big swings between sectors, size and types of stock, but none disturbed its steady rise.</p><p><blockquote>长时间没有回调的情况远非史无前例，自1963年以来，市场持续200多个交易日没有下跌5%以来，已经出现了10次。但它们与最近的运行不同。在其他情况下，市场在表面之下要平静得多。这一次，重大事件导致板块、规模和股票类型之间的大幅波动，但都没有干扰其稳步上涨。</blockquote></p><p> Similarly, the stimulus- and vaccine-driven willingness to take risk across every asset class faded from March onward, so we shouldn’t be too concerned about a switch in investor sentiment. Again, it has already happened.</p><p><blockquote>同样，从3月份开始，刺激和疫苗驱动的所有资产类别的冒险意愿都减弱了，因此我们不应该太担心投资者情绪的转变。再说一次，这已经发生了。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/7d8b995934c7f60fadb5834dd078e232\" tg-width=\"320\" tg-height=\"412\" width=\"100%\" height=\"auto\">Yet,I find it disconcerting that the market seems to go up no matter what. Good news on the economy pushes up stocks sensitive to growth, such as manufacturers and banks. Troubling news on the economy means lower bond yields and so pushes up stocks with profits far in the future (see: Big Tech) whose expansion depends on innovation rather than economic growth, which I understand. That both should push up the wider S&amp;P 500 is what puzzles me.</p><p><blockquote>然而，令我不安的是，无论如何，市场似乎都在上涨。经济方面的好消息推高了对增长敏感的股票，如制造商和银行。令人不安的经济消息意味着债券收益率下降，从而推高未来盈利的股票（见：大型科技公司），这些股票的扩张依赖于创新而不是经济增长，我理解这一点。两者都应该推高更广泛的标普500，这让我感到困惑。</blockquote></p><p> The only explanation I have is the old one: “TINA”—There Is No Alternative to Stocks—because yields on alternatives such as bonds are so low. With more savings going into stocks than is cashed out or soaked up by IPOs, the price has to rise. It isn’t a satisfactory story, but it kind of works.</p><p><blockquote>我唯一的解释是旧的：“蒂娜”——除了股票别无选择——因为债券等替代品的收益率太低了。随着更多的储蓄进入股票，而不是通过IPO套现或吸收的储蓄，价格必须上涨。这不是一个令人满意的故事，但它有点工作。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/37942e27b25662943d254580733d2954\" tg-width=\"325\" tg-height=\"413\" width=\"100%\" height=\"auto\">In both good and bad times investors want to buy stocks, so the S&amp;P goes up. But<i>which</i>stocks they choose to buy differs between good and bad times. In good times they want risk-on stocks (cheap value, cyclicals, smaller companies, emerging markets). In bad times they want risk-off stocks (growth, defensive firms, larger companies, developed markets and especially the U.S.).</p><p><blockquote>无论顺境还是逆境，投资者都想购买股票，因此标准普尔指数都会上涨。但<i>哪个</i>他们选择购买的股票在顺境和逆境之间有所不同。在繁荣时期，他们想要冒险的股票（便宜的价值、周期性股票、小公司、新兴市场）。在经济不景气时，他们想要避险股票（成长型、防御型公司、大型公司、发达市场，尤其是美国）。</blockquote></p><p> The problem with TINA is that the justification for stocks isn’t that they offer good returns in the future, but that they offer better returns than bonds. Bonds offer miserable returns—a guaranteed loss after inflation for 30 years on Treasury inflation-protected securities—so doing better than that isn’t saying much. If lower rewards came with lower risks, that would be fine, but at best the risks are as high as ever, perhaps much higher.</p><p><blockquote>蒂娜的问题在于，股票的理由不是它们在未来提供良好的回报，而是它们提供比债券更好的回报。债券的回报率很低——通胀保值国债30年通胀后肯定会出现亏损——所以做得更好并不能说明什么。如果较低的回报伴随着较低的风险，那很好，但充其量风险和以往一样高，甚至可能高得多。</blockquote></p><p> A simplistic way to quantify how much lower the rewards of stocks are likely to be is to use the earnings yield, the inverse of the forward price/earnings ratio. If companies match analyst profit forecasts, future returns should be about 4%—only slightly higher than was suggested by the measure at the height of the dot-com bubble in 2000. If corporate earnings miss forecasts, future returns could be substantially lower. If valuations fall too, returns are doubly hit, as they were after the dot-com bubble burst, when returns ended up negative for years.</p><p><blockquote>量化股票回报可能低多少的一个简单方法是使用收益率，即远期市盈率的倒数。如果公司符合分析师的利润预测，未来的回报率应该在4%左右——仅略高于2000年互联网泡沫最严重时的指标。如果企业盈利低于预期，未来的回报可能会大幅降低。如果估值也下跌，回报就会受到双重打击，就像互联网泡沫破裂后那样，当时回报多年来一直为负。</blockquote></p><p></p><p> Quantifying risks is much harder. Inflation risk is higher than before, and so are political (tax and regulation) and geopolitical (trade and supply chain) threats to stocks. The risk that analysts have horribly overestimated earnings or companies are massively overstating earnings is at least as high as usual. Central banks are sure to try to help if stocks plunge, but can’t use the traditional support of rate cuts. Alternative tools such as negative rates and buying a wider range of assets are available, but their risks are less well understood.</p><p><blockquote>量化风险要困难得多。通胀风险比以前更高，对股市的政治（税收和监管）和地缘政治（贸易和供应链）威胁也是如此。分析师严重高估收益或公司大幅夸大收益的风险至少和往常一样高。如果股市暴跌，央行肯定会尽力提供帮助，但不能使用降息的传统支持。负利率和购买更广泛的资产等替代工具是可用的，但其风险却不太为人所知。</blockquote></p><p> Getting a lower reward for the same or higher risk may still be acceptable, given how expensive the safer alternatives are. But investors buying stocks no matter what shouldn’t fool themselves that the future will deliver the 6.5% or so above inflation of the past century, let alone the 12% above inflation of the past decade.</p><p><blockquote>考虑到更安全的替代品的昂贵程度，以相同或更高的风险获得较低的回报可能仍然是可以接受的。但无论如何购买股票的投资者都不应该自欺欺人地认为，未来的通胀率将比上个世纪高出6.5%左右，更不用说比过去十年的通胀率高出12%了。</blockquote></p><p> The awful choice investors have is to join the monkeys in pretending all is well, or accept the terrible returns of safe assets.</p><p><blockquote>投资者面临的可怕选择是加入猴子的行列，假装一切都很好，或者接受安全资产的可怕回报。</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>Speak No Evil of the S&P 500’s Neverending Records<blockquote>不要说标普500永无止境的记录的坏话</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\">\nSpeak No Evil of the S&P 500’s Neverending Records<blockquote>不要说标普500永无止境的记录的坏话</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">The Wall Street Journal</strong><span class=\"h-time small\">2021-09-03 15:59</span>\n</p>\n</h4>\n</header>\n<article>\n<p>  <b>Investors buying stocks no matter what shouldn’t fool themselves that the future will deliver the chunky returns of the past decade.</b>  <img src=\"https://static.tigerbbs.com/6573eb955692f754acc1285622febd53\" tg-width=\"878\" tg-height=\"520\" width=\"100%\" height=\"auto\">The S&amp;P 500 is like the three wise monkeys: See no evil, hear no evil, speak no evil.Whatever happens, it just goes up. The market has gone up almost in a straight line since November despite a troubling list of events that could each have justified at least a 5% correction. Investors are incredibly resilient.</p><p><blockquote><b>无论如何购买股票的投资者都不应该自欺欺人地认为未来将带来过去十年的丰厚回报。</b>标普500就像三只聪明的猴子：不看邪恶，不听邪恶，不说邪恶。无论发生什么，它都会上升。自11月以来，市场几乎直线上涨，尽管发生了一系列令人不安的事件，每个事件都可能证明至少5%的回调是合理的。投资者的韧性令人难以置信。</blockquote></p><p> Some things that didn’t matter:a burst bubble in clean-energy stocks;a sharp rise in Treasury yields(to March);a big fall in Treasury yields(since March); China’s crackdown on moneymaking; the Federal Reserve’sshift toward tapering bond purchases; and the rise of the Delta variant.</p><p><blockquote>一些无关紧要的事情：清洁能源股票泡沫破裂；国债收益率大幅上升（至3月）；国债收益率大幅下跌（自3月以来）；我国关于赚钱的打压；美联储转向缩减债券购买；以及德尔塔变异毒株的崛起。</blockquote></p><p> On the optimistic side, it is great that the market has been pushed up by a variety of forces, not by wild excess in a single area. We need not worry that the bubble in clean energy will burst and bring down the market, because it has already burst without bringing down the market.</p><p><blockquote>乐观的一面是，市场被多种力量推高，而不是单一地区的疯狂过剩，这很好。我们不必担心清洁能源的泡沫会破裂，拖垮市场，因为它已经破裂了，没有拖垮市场。</blockquote></p><p> Throughout all this, the stock market has risen steadily,without a 5% fall since shortly before the election last year. Every time part of the market—technology stocks, cheap stocks, smaller stocks, oil stocks, strong-balance-sheet stocks—stops performing, something else steps in to rescue the broader index. The market seems invulnerable to bad news, and that is unusual. On the face of it, it is also scary, suggesting investors are complacent about danger.</p><p><blockquote>纵观这一切，股市稳步上涨，自去年大选前不久以来没有出现过5%的下跌。每当市场的一部分——科技股、廉价股、小型股、石油股、资产负债表强劲的股票——停止表现时，就会有其他东西介入拯救更广泛的指数。市场似乎不会受到坏消息的影响，这是不寻常的。从表面上看，这也很可怕，表明投资者对危险沾沾自喜。</blockquote></p><p> It is far from unprecedented to go a long time without a correction, with 10 episodes since 1963 when the market lasted more than 200 trading days without a 5% drop. But they were different from the recent run. In every other case, the market was far calmer below the surface. This time, major events led to big swings between sectors, size and types of stock, but none disturbed its steady rise.</p><p><blockquote>长时间没有回调的情况远非史无前例，自1963年以来，市场持续200多个交易日没有下跌5%以来，已经出现了10次。但它们与最近的运行不同。在其他情况下，市场在表面之下要平静得多。这一次，重大事件导致板块、规模和股票类型之间的大幅波动，但都没有干扰其稳步上涨。</blockquote></p><p> Similarly, the stimulus- and vaccine-driven willingness to take risk across every asset class faded from March onward, so we shouldn’t be too concerned about a switch in investor sentiment. Again, it has already happened.</p><p><blockquote>同样，从3月份开始，刺激和疫苗驱动的所有资产类别的冒险意愿都减弱了，因此我们不应该太担心投资者情绪的转变。再说一次，这已经发生了。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/7d8b995934c7f60fadb5834dd078e232\" tg-width=\"320\" tg-height=\"412\" width=\"100%\" height=\"auto\">Yet,I find it disconcerting that the market seems to go up no matter what. Good news on the economy pushes up stocks sensitive to growth, such as manufacturers and banks. Troubling news on the economy means lower bond yields and so pushes up stocks with profits far in the future (see: Big Tech) whose expansion depends on innovation rather than economic growth, which I understand. That both should push up the wider S&amp;P 500 is what puzzles me.</p><p><blockquote>然而，令我不安的是，无论如何，市场似乎都在上涨。经济方面的好消息推高了对增长敏感的股票，如制造商和银行。令人不安的经济消息意味着债券收益率下降，从而推高未来盈利的股票（见：大型科技公司），这些股票的扩张依赖于创新而不是经济增长，我理解这一点。两者都应该推高更广泛的标普500，这让我感到困惑。</blockquote></p><p> The only explanation I have is the old one: “TINA”—There Is No Alternative to Stocks—because yields on alternatives such as bonds are so low. With more savings going into stocks than is cashed out or soaked up by IPOs, the price has to rise. It isn’t a satisfactory story, but it kind of works.</p><p><blockquote>我唯一的解释是旧的：“蒂娜”——除了股票别无选择——因为债券等替代品的收益率太低了。随着更多的储蓄进入股票，而不是通过IPO套现或吸收的储蓄，价格必须上涨。这不是一个令人满意的故事，但它有点工作。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/37942e27b25662943d254580733d2954\" tg-width=\"325\" tg-height=\"413\" width=\"100%\" height=\"auto\">In both good and bad times investors want to buy stocks, so the S&amp;P goes up. But<i>which</i>stocks they choose to buy differs between good and bad times. In good times they want risk-on stocks (cheap value, cyclicals, smaller companies, emerging markets). In bad times they want risk-off stocks (growth, defensive firms, larger companies, developed markets and especially the U.S.).</p><p><blockquote>无论顺境还是逆境，投资者都想购买股票，因此标准普尔指数都会上涨。但<i>哪个</i>他们选择购买的股票在顺境和逆境之间有所不同。在繁荣时期，他们想要冒险的股票（便宜的价值、周期性股票、小公司、新兴市场）。在经济不景气时，他们想要避险股票（成长型、防御型公司、大型公司、发达市场，尤其是美国）。</blockquote></p><p> The problem with TINA is that the justification for stocks isn’t that they offer good returns in the future, but that they offer better returns than bonds. Bonds offer miserable returns—a guaranteed loss after inflation for 30 years on Treasury inflation-protected securities—so doing better than that isn’t saying much. If lower rewards came with lower risks, that would be fine, but at best the risks are as high as ever, perhaps much higher.</p><p><blockquote>蒂娜的问题在于，股票的理由不是它们在未来提供良好的回报，而是它们提供比债券更好的回报。债券的回报率很低——通胀保值国债30年通胀后肯定会出现亏损——所以做得更好并不能说明什么。如果较低的回报伴随着较低的风险，那很好，但充其量风险和以往一样高，甚至可能高得多。</blockquote></p><p> A simplistic way to quantify how much lower the rewards of stocks are likely to be is to use the earnings yield, the inverse of the forward price/earnings ratio. If companies match analyst profit forecasts, future returns should be about 4%—only slightly higher than was suggested by the measure at the height of the dot-com bubble in 2000. If corporate earnings miss forecasts, future returns could be substantially lower. If valuations fall too, returns are doubly hit, as they were after the dot-com bubble burst, when returns ended up negative for years.</p><p><blockquote>量化股票回报可能低多少的一个简单方法是使用收益率，即远期市盈率的倒数。如果公司符合分析师的利润预测，未来的回报率应该在4%左右——仅略高于2000年互联网泡沫最严重时的指标。如果企业盈利低于预期，未来的回报可能会大幅降低。如果估值也下跌，回报就会受到双重打击，就像互联网泡沫破裂后那样，当时回报多年来一直为负。</blockquote></p><p></p><p> Quantifying risks is much harder. Inflation risk is higher than before, and so are political (tax and regulation) and geopolitical (trade and supply chain) threats to stocks. The risk that analysts have horribly overestimated earnings or companies are massively overstating earnings is at least as high as usual. Central banks are sure to try to help if stocks plunge, but can’t use the traditional support of rate cuts. Alternative tools such as negative rates and buying a wider range of assets are available, but their risks are less well understood.</p><p><blockquote>量化风险要困难得多。通胀风险比以前更高，对股市的政治（税收和监管）和地缘政治（贸易和供应链）威胁也是如此。分析师严重高估收益或公司大幅夸大收益的风险至少和往常一样高。如果股市暴跌，央行肯定会尽力提供帮助，但不能使用降息的传统支持。负利率和购买更广泛的资产等替代工具是可用的，但其风险却不太为人所知。</blockquote></p><p> Getting a lower reward for the same or higher risk may still be acceptable, given how expensive the safer alternatives are. But investors buying stocks no matter what shouldn’t fool themselves that the future will deliver the 6.5% or so above inflation of the past century, let alone the 12% above inflation of the past decade.</p><p><blockquote>考虑到更安全的替代品的昂贵程度，以相同或更高的风险获得较低的回报可能仍然是可以接受的。但无论如何购买股票的投资者都不应该自欺欺人地认为，未来的通胀率将比上个世纪高出6.5%左右，更不用说比过去十年的通胀率高出12%了。</blockquote></p><p> The awful choice investors have is to join the monkeys in pretending all is well, or accept the terrible returns of safe assets.</p><p><blockquote>投资者面临的可怕选择是加入猴子的行列，假装一切都很好，或者接受安全资产的可怕回报。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.wsj.com/articles/speak-no-evil-of-the-s-p-500s-neverending-records-11630590653?mod=markets_lead_pos5\">The Wall Street Journal</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index","SPY":"标普500ETF"},"source_url":"https://www.wsj.com/articles/speak-no-evil-of-the-s-p-500s-neverending-records-11630590653?mod=markets_lead_pos5","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1168498795","content_text":"Investors buying stocks no matter what shouldn’t fool themselves that the future will deliver the chunky returns of the past decade.\n\nThe S&P 500 is like the three wise monkeys: See no evil, hear no evil, speak no evil.Whatever happens, it just goes up. The market has gone up almost in a straight line since November despite a troubling list of events that could each have justified at least a 5% correction. Investors are incredibly resilient.\nSome things that didn’t matter:a burst bubble in clean-energy stocks;a sharp rise in Treasury yields(to March);a big fall in Treasury yields(since March); China’s crackdown on moneymaking; the Federal Reserve’sshift toward tapering bond purchases; and the rise of the Delta variant.\nOn the optimistic side, it is great that the market has been pushed up by a variety of forces, not by wild excess in a single area. We need not worry that the bubble in clean energy will burst and bring down the market, because it has already burst without bringing down the market.\nThroughout all this, the stock market has risen steadily,without a 5% fall since shortly before the election last year. Every time part of the market—technology stocks, cheap stocks, smaller stocks, oil stocks, strong-balance-sheet stocks—stops performing, something else steps in to rescue the broader index. The market seems invulnerable to bad news, and that is unusual. On the face of it, it is also scary, suggesting investors are complacent about danger.\nIt is far from unprecedented to go a long time without a correction, with 10 episodes since 1963 when the market lasted more than 200 trading days without a 5% drop. But they were different from the recent run. In every other case, the market was far calmer below the surface. This time, major events led to big swings between sectors, size and types of stock, but none disturbed its steady rise.\nSimilarly, the stimulus- and vaccine-driven willingness to take risk across every asset class faded from March onward, so we shouldn’t be too concerned about a switch in investor sentiment. Again, it has already happened.\nYet,I find it disconcerting that the market seems to go up no matter what. Good news on the economy pushes up stocks sensitive to growth, such as manufacturers and banks. Troubling news on the economy means lower bond yields and so pushes up stocks with profits far in the future (see: Big Tech) whose expansion depends on innovation rather than economic growth, which I understand. That both should push up the wider S&P 500 is what puzzles me.\nThe only explanation I have is the old one: “TINA”—There Is No Alternative to Stocks—because yields on alternatives such as bonds are so low. With more savings going into stocks than is cashed out or soaked up by IPOs, the price has to rise. It isn’t a satisfactory story, but it kind of works.\nIn both good and bad times investors want to buy stocks, so the S&P goes up. Butwhichstocks they choose to buy differs between good and bad times. In good times they want risk-on stocks (cheap value, cyclicals, smaller companies, emerging markets). In bad times they want risk-off stocks (growth, defensive firms, larger companies, developed markets and especially the U.S.).\nThe problem with TINA is that the justification for stocks isn’t that they offer good returns in the future, but that they offer better returns than bonds. Bonds offer miserable returns—a guaranteed loss after inflation for 30 years on Treasury inflation-protected securities—so doing better than that isn’t saying much. If lower rewards came with lower risks, that would be fine, but at best the risks are as high as ever, perhaps much higher.\nA simplistic way to quantify how much lower the rewards of stocks are likely to be is to use the earnings yield, the inverse of the forward price/earnings ratio. If companies match analyst profit forecasts, future returns should be about 4%—only slightly higher than was suggested by the measure at the height of the dot-com bubble in 2000. If corporate earnings miss forecasts, future returns could be substantially lower. If valuations fall too, returns are doubly hit, as they were after the dot-com bubble burst, when returns ended up negative for years.\nQuantifying risks is much harder. Inflation risk is higher than before, and so are political (tax and regulation) and geopolitical (trade and supply chain) threats to stocks. The risk that analysts have horribly overestimated earnings or companies are massively overstating earnings is at least as high as usual. Central banks are sure to try to help if stocks plunge, but can’t use the traditional support of rate cuts. Alternative tools such as negative rates and buying a wider range of assets are available, but their risks are less well understood.\nGetting a lower reward for the same or higher risk may still be acceptable, given how expensive the safer alternatives are. But investors buying stocks no matter what shouldn’t fool themselves that the future will deliver the 6.5% or so above inflation of the past century, let alone the 12% above inflation of the past decade.\nThe awful choice investors have is to join the monkeys in pretending all is well, or accept the terrible returns of safe assets.","news_type":1,"symbols_score_info":{".SPX":0.9,"SPY":0.9}},"isVote":1,"tweetType":1,"viewCount":303,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":804770831,"gmtCreate":1627984090223,"gmtModify":1633754656680,"author":{"id":"3576061323846814","authorId":"3576061323846814","name":"YinTing","avatar":"https://static.tigerbbs.com/a28f0c9c918d2ce99c3d3f9eee4309fa","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3576061323846814","idStr":"3576061323846814"},"themes":[],"htmlText":"Will end red","listText":"Will end red","text":"Will end red","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/804770831","repostId":"2156144739","repostType":4,"isVote":1,"tweetType":1,"viewCount":445,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":147931927,"gmtCreate":1626325771569,"gmtModify":1633927827831,"author":{"id":"3576061323846814","authorId":"3576061323846814","name":"YinTing","avatar":"https://static.tigerbbs.com/a28f0c9c918d2ce99c3d3f9eee4309fa","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3576061323846814","idStr":"3576061323846814"},"themes":[],"htmlText":"Please don't stop the music&nbsp;","listText":"Please don't stop the music&nbsp;","text":"Please don't stop the music","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/147931927","repostId":"2151548988","repostType":4,"isVote":1,"tweetType":1,"viewCount":362,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}