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JerryChiang

JerryChiang

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2021-10-08

GM need to pick up on the EV segment

Favorable Outlook For GM<blockquote>通用汽车前景良好</blockquote>

2021-10-04

Keep up the momentum!

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2021-10-02

Can't wait for this

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2021-10-01

Is it the bottom yet? 🤔

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2021-09-30

Hope it'll recover soon 🙏

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2021-09-27

Really?!

Mercedes-AMG Boss Says V-8 Engine Will Be In Demand For "Next Ten Years"<blockquote>梅赛德斯-AMG 老板表示“未来十年”将需要 V-8 发动机</blockquote>

2021-09-26

Not too late yet

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2021-09-25

Hopefully it'd be more good news

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2021-09-23

Good for the environment

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2021-09-22

Wow, more stream of profit 📈

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2021-09-21

Lack of innovation

Here's Why Apple's iPhone 13 Should Be a Resounding Success<blockquote>这就是为什么苹果的 iPhone 13 应该取得巨大成功</blockquote>

2021-09-20

I like Nike!

Nike, Costco, FedEx, Salesforce, and Other Stocks for Investors to Watch This Week<blockquote>耐克、好市多、联邦快递、Salesforce 和其他投资者本周值得关注的股票</blockquote>

2021-09-19

Ya, I think so too

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2021-09-17

I doubt so

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2021-09-16

That's a good move!

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2021-09-15

Wah, congrats to Microsoft holder 👏

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2021-09-14

That's good!

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2021-09-14

Inflation will plague the stock market

S&P 500 snaps losing streak with tax hikes, inflation data on horizon<blockquote>标普500加税结束连败，通胀数据即将公布</blockquote>

2021-09-13

Epic not giving up yet

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2021-09-10

5% of his holding, still okay

CFO Of Tesla Sold $2.09 Million In Stock<blockquote>特斯拉首席财务官出售209万美元股票</blockquote>

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need to pick up on the EV segment&nbsp;","listText":"GM need to pick up on the EV segment&nbsp;","text":"GM need to pick up on the EV segment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/823728900","repostId":"1128736762","repostType":4,"repost":{"id":"1128736762","kind":"news","pubTimestamp":1633662653,"share":"https://www.laohunote.com/m/news/1128736762?lang=zh_CN&edition=full","pubTime":"2021-10-08 11:10","market":"us","language":"en","title":"Favorable Outlook For GM<blockquote>通用汽车前景良好</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1128736762","media":"Seeking Alpha","summary":"Summary\n\nGM has struggled with the transition to EVs and other technology-forward efforts.\nThe Wall ","content":"<p><b>Summary</b></p><p><blockquote><b>总结</b></blockquote></p><p> <ul>  <li>GM has struggled with the transition to EVs and other technology-forward efforts.</li>  <li>The Wall Street consensus is that GM will succeed sooner rather than later.</li>  <li>The market-implied outlook (derived from options prices) has shifted to a substantially more positive near-term view.</li>  <li>I see GM as having a favorable risk-return profile.</li> </ul> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/139e056979d4a81394ff8a2299dd40df\" tg-width=\"1536\" tg-height=\"1024\" width=\"100%\" height=\"auto\"><span>JHVEPhoto/iStock Editorial via Getty Images</span></p><p><blockquote><ul><li>通用汽车一直在努力向电动汽车过渡和其他技术进步。</li><li>华尔街的共识是，通用汽车迟早会成功。</li><li>市场隐含的前景（源自期权价格）已转向更加积极的近期前景。</li><li>我认为通用汽车具有良好的风险回报状况。</li></ul><p class=\"t-img-caption\"><span>JHVEPhoto/iStock 社论来自 Getty Images</span></p></blockquote></p><p> General Motors(NYSE:GM)seems to be having a moment, with the share price rising 4.5% today, following an inspirational&nbsp;presentation to analysts. The company outlined its plan to be a leader in EVs and a vision for building a&nbsp;million self-driving cars by 2030. For GM, as with Ford(NYSE:F), the company recognizes that earnings growth and share valuation depend on aggressive technology-driven development. If GM can convince the market, and then demonstrate, that there is a real roadmap to higher-margin EVs and self-driving vehicles, the shares should demand a considerably higher price. After all, GM’s forward P/E is&nbsp;8.8, as compared to TSLA’s&nbsp;144.8.</p><p><blockquote>通用汽车（纽约证券交易所股票代码：GM）似乎正在经历一个时刻，在向分析师做了鼓舞人心的演讲后，股价今天上涨了 4.5%。该公司概述了其成为电动汽车领导者的计划，以及到 2030 年生产 100 万辆自动驾驶汽车的愿景。对于通用汽车来说，与福特（纽约证券交易所股票代码：F）一样，该公司认识到盈利增长和股票估值取决于积极的技术驱动型发展。如果通用汽车能够说服市场，然后证明有一个更高利润率的电动汽车和自动驾驶汽车的真正路线图，那么该股应该会要求大幅上涨。毕竟，通用汽车的远期市盈率为 8.8，而特斯拉的远期市盈率为 144.8。</blockquote></p><p> Intriguingly, the Wall Street analysts have already priced an outlook for GM’s transformation. The Wall Street analyst&nbsp;consensus price target&nbsp;for GM has surged to $71.3, as compared to $46.6 in February of 2020, right before COVID hit and $51 at the end of 2020. At the current share price of $56.30, the Wall Street consensus (as calculated by&nbsp;Seeking Alpha) is for 12-month price appreciation of 26.7%.</p><p><blockquote>耐人寻味的是，华尔街分析师已经对通用汽车的转型前景进行了定价。华尔街分析师对通用汽车的一致目标价已飙升至 71.3 美元，而 2020 年 2 月新冠疫情爆发前为 46.6 美元，2020 年底为 51 美元。按目前 56.30 美元的股价计算，华尔街的共识（由 Seeking Alpha 计算）是 12 个月价格上涨 26.7%。</blockquote></p><p> When I&nbsp;last analyzed GM on March 7, 2021, seven months ago, the Wall Street consensus outlook was already bullish, with a 12-month price target that was about 20% above the share price at that time. Of the 19 analysts included in Seeking Alpha’s consensus outlook, 17 were bullish and 2 were neutral. I assigned GM a neutral rating at that time, largely because the outlook implied by options prices, in contrast to the Wall Street consensus, was bearish. The options market to early 2022 was indicating elevated probabilities of price declines. I compromised between the bullish Wall Street and the bearish options market view with a neutral rating. Since my post was published, GM has gained 4% (including the big rise today), as compared to 15.1% in price appreciation for the S&amp;P 500.</p><p><blockquote>当我最后一次分析通用汽车是在 2021 年 3 月 7 日，也就是七个月前，华尔街的一致前景已经是看涨的，12 个月目标价比当时的股价高出约 20%。在参与 Seeking Alpha 共识展望的 19 位分析师中，17 位看涨，2 位中立。当时我给予通用汽车中性评级，主要是因为期权价格所暗示的前景与华尔街的共识相反，是看跌的。2022 年初的期权市场表明价格下跌的可能性较高。我在看涨的华尔街和看跌的期权市场观点之间做出了妥协，给出了中性评级。自从我的帖子发表以来，通用汽车已经上涨了4%（包括今天的大幅上涨），而标普500的价格上涨了15.1%。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/c074188d666f33a0849eb28c23242522\" tg-width=\"603\" tg-height=\"355\" width=\"100%\" height=\"auto\"><span>Performance of GM vs. the S&amp;P 500 over the past 7 months (Source: Seeking Alpha)</span></p><p><blockquote><p class=\"t-img-caption\"><span>过去 7 个月通用汽车与标普500的表现（来源：Seeking Alpha）</span></p></blockquote></p><p> Using options prices to build a probabilistic price return outlook is conceptually straightforward. The price of an option represents the market’s consensus estimate for the probability that the price of the underlying stock (GM, in this case) will rise above (call option) or fall below (put option) a specific level (the strike price) between now and when the option expires. By analyzing calls and puts at a range of strike prices and a common expiration date, it is possible to calculate a probabilistic outlook for the underlying security that reconciles the options prices. This is referred to as the market-implied outlook. For readers seeking more information on this approach, I have written an&nbsp;overview post, including links to the relevant financial literature.</p><p><blockquote>使用期权价格构建概率价格回报展望在概念上很简单。期权价格代表了市场对标的股票（在本例中为通用汽车）价格从现在到期权到期日升至特定水平（执行价格）以上（看涨期权期权）或跌至特定水平（执行价格）以下（看跌期权）的概率的一致估计。通过分析一系列执行价格和共同到期日的评级和看跌期权，可以计算出基础证券的概率前景，使期权价格一致。这被称为市场隐含前景。对于寻求有关这种方法的更多信息的读者，我写了一篇概述文章，包括相关金融文献的链接。</blockquote></p><p> It is clear today, as it was for my last analysis, that GM is relying on the ability to compete with EVs and autonomous vehicles. The analysts are valuing the company assuming that GM will successfully make this transition. Even if one agrees, the challenge is in the timing. Since March, GM has suffered an expensive and embarrassing setback with the&nbsp;massive recall&nbsp;of Chevy electric vehicles. Even if one buys into management’s vision, one imagines that some car buyers will be reluctant to buy a GM EV after seeing pictures of&nbsp;charred Chevy Bolts.</p><p><blockquote>今天很明显，正如我上次的分析一样，通用汽车依靠与电动汽车和自动驾驶汽车竞争的能力。分析师假设通用汽车将成功实现这一转型，对该公司进行估值。即使有人同意，挑战也在于时机。自3月份以来，通用汽车因大规模召回雪佛兰电动汽车而遭受了代价高昂且尴尬的挫折。即使人们认同管理层的愿景，人们也可以想象，一些购车者在看到雪佛兰螺栓烧焦的照片后，会不愿意购买通用汽车的电动汽车。</blockquote></p><p> GM is currently 11.9% below its 2021 high close of $63.92, set on June 8. With 7 months since my last analysis, and with the market and the analysts responding favorably to GM’s vision, I am revisiting my rating on GM.</p><p><blockquote>通用汽车目前比 6 月 8 日设定的 2021 年最高收盘价 63.92 美元低 11.9%。距离我上次分析已经过去了 7 个月，市场和分析师对通用汽车的愿景反应积极，我正在重新审视我对通用汽车的评级。</blockquote></p><p> <b>Wall Street Consensus Outlook for GM</b></p><p><blockquote><b>华尔街对通用汽车的共识前景</b></blockquote></p><p> ETrade’s calculation of the Wall Street consensus outlook is calculated using the views of 13 ranked analysts who have issued ratings and price targets for GM within the past 90 days. The consensus rating is bullish and the consensus 12-month price target is 27.5% above the current share price. There is a fairly high level of dispersion in the price targets, which&nbsp;reduces confidence&nbsp;in the consensus value. Of the 13 analysts, 12 give GM a buy rating and 1 assigns a neutral rating.</p><p><blockquote>ETrade 对华尔街共识前景的计算是根据过去 90 天内发布过通用汽车评级和目标价的 13 位排名分析师的观点计算得出的。一致评级为看涨，一致的 12 个月目标价比当前股价高出 27.5%。价格目标存在相当高的分散性，这降低了对共识价值的信心。13名分析师中，12名给予通用汽车买入评级，1名给予中性评级。</blockquote></p><p></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/31b957237cbf2644c75e372831ed0714\" tg-width=\"1280\" tg-height=\"838\" width=\"100%\" height=\"auto\"><span>Wall Street analyst consensus rating and 12-month price target for GM (Source: ETrade)</span></p><p><blockquote><p class=\"t-img-caption\"><span>华尔街分析师对通用汽车的共识评级和 12 个月目标价（来源：ETrade）</span></p></blockquote></p><p> Seeking Alpha’s version of the Wall Street consensus outlook is calculated using ratings and prices targets from 21 analysts. The consensus rating is bullish and the consensus price target is 26.7% above the current share price. Only 1 analyst is neutral and the other 20 are bullish.</p><p><blockquote>Seeking Alpha 版的华尔街共识展望是根据 21 位分析师的评级和目标价计算得出的。一致评级为看涨，一致目标价比当前股价高出26.7%。只有 1 位分析师持中立态度，其他 20 位分析师持看涨态度。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/dbd40949c8ccc5a730e0aa07c04e15a8\" tg-width=\"1280\" tg-height=\"645\" width=\"100%\" height=\"auto\"><span>Wall Street analyst consensus rating and 12-month price target for GM (Source: Seeking Alpha)</span></p><p><blockquote><p class=\"t-img-caption\"><span>华尔街分析师对通用汽车的共识评级和 12 个月目标价（来源：Seeking Alpha）</span></p></blockquote></p><p> The good news for GM shareholders is that the analysts are almost uniformly bullish on GM and the average 12-month price target is about 27% above the current level. There are somewhat cautionary considerations, however. First, the spread among the price targets is high, which means that there is not a lot of confidence in the outlook. Second, the timing of a share price recovery is hard to predict. The analysts were bullish back in March, as well.</p><p><blockquote>对于通用汽车股东来说，好消息是分析师几乎一致看好通用汽车，12 个月平均目标价比当前水平高出约 27%。然而，有一些谨慎的考虑。首先，价格目标之间的价差较高，这意味着对前景没有太多信心。其次，股价回升的时机难以预测。分析师在三月份也很乐观。</blockquote></p><p> <b>Market-Implied Outlook for GM</b></p><p><blockquote><b>通用汽车的市场隐含前景</b></blockquote></p><p> I have analyzed the prices of call and put options at a range of strike prices, all expiring on January 21, 2022 to generate the market-implied outlook for the next 3.5 months (from today until the expiration date). In my previous analysis, I also calculated a market-implied outlook using options with this expiration date. I have also generated the market-implied outlook to mid 2022, a period of 8.3 months, by analyzing options that expire on June 21, 2022.</p><p><blockquote>我分析了一系列执行价格的看涨期权和看跌期权的价格，所有期权均于 2022 年 1 月 21 日到期，以生成未来 3.5 个月（从今天到到期日）的市场隐含前景。在我之前的分析中，我还使用具有此到期日的期权计算了市场隐含前景。我还通过分析 2022 年 6 月 21 日到期的期权，生成了 2022 年中期（8.3 个月）的市场隐含展望。</blockquote></p><p> The standard presentation of the market-implied outlook is a probability distribution of price return, with probability on the vertical axis and return on the horizontal.</p><p><blockquote>市场隐含前景的标准表示是价格回报的概率分布，概率在纵轴上，回报在横轴上。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/dd025ceee857934bb5992eb6c234bd6d\" tg-width=\"618\" tg-height=\"356\" width=\"100%\" height=\"auto\"><span>Market-implied price return probabilities for GM for the 3.5-month period from today until January 21, 2022 (Source: Author’s calculations using options quotes from ETrade)</span></p><p><blockquote><p class=\"t-img-caption\"><span>通用汽车从即日起至 2022 年 1 月 21 日 3.5 个月期间的市场隐含价格回报率（来源：作者使用 ETrade 期权报价计算）</span></p></blockquote></p><p> The market-implied outlook for GM for the 3.5-month period between now and January 21, 2022 is generally symmetric, although the peak probability is slightly tilted towards negative returns, corresponding to a price return of -1.5%. The annualized volatility derived from this distribution is 35.7%, quite high for an individual stock.</p><p><blockquote>通用汽车从现在到2022年1月21日的3.5个月期间的市场隐含前景总体上是对称的，尽管峰值概率略微倾向于负回报，对应于-1.5%的价格回报。这种分布得出的年化波动率为35.7%，对于个股来说相当高。</blockquote></p><p> To make it easier to directly compare the probabilities of positive and negative returns, I rotate the negative return side of the distribution about the vertical axis (see chart below).</p><p><blockquote>为了更容易直接比较正回报和负回报的概率，我将分布的负回报侧绕纵轴旋转（见下图）。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/fc3728611fe98a00c0edfa693bae10b4\" tg-width=\"573\" tg-height=\"356\" width=\"100%\" height=\"auto\"><span>Market-implied price return probabilities for GM for the 3.5-month period from today until January 21, 2022. The negative return side of the distribution has been rotated about the vertical axis (Source: author’s calculations using options quotes from ETrade)</span></p><p><blockquote><p class=\"t-img-caption\"><span>从即日起至 2022 年 1 月 21 日 3.5 个月期间通用汽车的市场隐含价格回报率。分布的负回报率绕纵轴旋转（来源：作者使用 ETrade 期权报价计算）</span></p></blockquote></p><p> This view shows that the probabilities of positive and negative returns are almost identical for most outcomes (the solid blue line and the dashed red line are very close to one another). The exception is for small-magnitude price returns (+/- 5%).</p><p><blockquote>这种观点表明，对于大多数结果来说，正回报和负回报的概率几乎相同（蓝色实线和红色虚线非常接近）。例外情况是小额价格回报（+/- 5%）。</blockquote></p><p> Theory predicts that the market-implied outlook will tend to be negatively biased because risk-averse investors pay more than fair value for put options to limit losses in long positions. In the financial literature, the market-implied outlook is often referred to as being risk-neutral. What this means is that the market-implied outlook would be unbiased if investors, in aggregate, were risk-neutral. Investors, collectively, are risk-averse - demanding to be paid a premium to take on risk (the equity risk premium). For this reason, a market-implied outlook with closely matching probabilities between positive and negative returns, as we see here, is actually a slightly bullish view.</p><p><blockquote>理论预测，市场隐含的前景将倾向于负面偏差，因为规避风险的投资者为看跌期权支付高于公允价值的费用，以限制多头头寸的损失。在金融文献中，市场隐含的前景通常被称为风险中性。这意味着，如果投资者总体上是风险中性的，市场隐含的前景将是公正的。投资者总体上是规避风险的——要求为承担风险支付溢价（股票风险溢价）。因此，正如我们在这里看到的，市场隐含的前景，正回报和负回报之间的概率非常匹配，实际上是一种略微看涨的观点。</blockquote></p><p> The market-implied outlook to the middle of 2022 (8.3 months), calculated using the prices of call and put options that expire on June 17, 2022, exhibits more of a negative tilt. Qualitative consideration of the potential for a negative bias leads me to characterize this outlook as neutral, perhaps with a slight bearish tilt. The annualized volatility derived from this distribution is 36.5%.</p><p><blockquote>使用 2022 年 6 月 17 日到期的看涨期权和看跌期权价格计算的 2022 年中期（8.3 个月）的市场隐含前景表现出更多的负面倾斜。对潜在负面偏见的定性考虑使我将这一前景描述为中性，也许略有看跌倾向。该分布得出的年化波幅为36.5%。</blockquote></p><p></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/f7731002b4fcd2fbea3e50f32512c507\" tg-width=\"573\" tg-height=\"356\" width=\"100%\" height=\"auto\"><span>Market-implied price return probabilities for GM for the 8.3-month period from today until June 17, 2022. The negative return side of the distribution has been rotated about the vertical axis (Source: author’s calculations using options quotes from ETrade)</span></p><p><blockquote><p class=\"t-img-caption\"><span>从即日起至 2022 年 6 月 17 日 8.3 个月期间通用汽车的市场隐含价格回报率。分布的负回报率绕纵轴旋转（来源：作者使用 ETrade 期权报价计算）</span></p></blockquote></p><p> Contrast the current market-implied outlooks for GM with the 10.6-month outlook to January 2022 from my&nbsp;previous analysis&nbsp;in March, which was substantially bearish. In this outlook, the probabilities of negative price returns were much higher relative to those for positive returns. The current market-implied outlook, slightly bullish to early 2022 and neutral to mid-2022, is much more favorable than the outlook from my earlier analysis.</p><p><blockquote>将通用汽车目前的市场隐含前景与我在 3 月份之前的分析中截至 2022 年 1 月的 10.6 个月前景进行对比，后者大幅看跌。在这种前景下，负价格回报的概率比正回报的概率要高得多。当前市场隐含的前景，2022年初略微看涨，2022年年中中性，比我之前分析的前景要有利得多。</blockquote></p><p> <b>Summary</b></p><p><blockquote><b>总结</b></blockquote></p><p> GM is at an important transition point in its history. The company needs to rapidly and convincingly shift away from traditional internal combustion vehicles and towards EVs and autonomous vehicles. The Wall Street analysts, as a group, are confident that GM can make strides in this direction and the analyst consensus has gotten more bullish through 2021. The Wall Street consensus rating is bullish, with about 27% expected 12-month price appreciation.</p><p><blockquote>通用汽车正处于其历史上的一个重要转折点。该公司需要迅速且令人信服地摆脱传统内燃机汽车，转向电动汽车和自动驾驶汽车。华尔街分析师作为一个群体，相信通用汽车能够在这个方向上取得长足进步，并且分析师的共识在 2021 年变得更加乐观。华尔街一致评级看涨，预计 12 个月价格将升值约 27%。</blockquote></p><p> The projected volatility for GM, calculated from the market-implied outlook, is about 36%. This is a fairly high level of volatility, but looks reasonable if we believe that the expected return is 27%. As a rule of thumb for a buy, I want to see expected return that is at or above ½ of the volatility.</p><p><blockquote>根据市场隐含的前景计算，通用汽车的预计波动率约为 36%。这是一个相当高的波动性水平，但如果我们相信预期回报率为 27%，这看起来是合理的。作为买入的经验法则，我希望看到预期回报等于或高于波动性的 1/2。</blockquote></p><p> Taking the analyst expected return at face value, GM easily surpasses this threshold. The market-implied outlook to early 2022 is slightly bullish, shifting to neutral by mid-2022. The market-implied outlook for GM has improved dramatically since March, when it was significantly bearish. I am changing my rating on GM from neutral to bullish.</p><p><blockquote>按面值计算分析师预期回报率，通用汽车轻松超过了这一门槛。市场对 2022 年初的前景略显乐观，到 2022 年年中转为中性。自 3 月份以来，市场对通用汽车的隐含前景已显着改善，当时通用汽车的市场前景明显看跌。我将对通用汽车的评级从中性改为看涨。</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>Favorable Outlook For GM<blockquote>通用汽车前景良好</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\">\nFavorable Outlook For GM<blockquote>通用汽车前景良好</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\">2021-10-08 11:10</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>GM has struggled with the transition to EVs and other technology-forward efforts.</li>  <li>The Wall Street consensus is that GM will succeed sooner rather than later.</li>  <li>The market-implied outlook (derived from options prices) has shifted to a substantially more positive near-term view.</li>  <li>I see GM as having a favorable risk-return profile.</li> </ul> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/139e056979d4a81394ff8a2299dd40df\" tg-width=\"1536\" tg-height=\"1024\" width=\"100%\" height=\"auto\"><span>JHVEPhoto/iStock Editorial via Getty Images</span></p><p><blockquote><ul><li>通用汽车一直在努力向电动汽车过渡和其他技术进步。</li><li>华尔街的共识是，通用汽车迟早会成功。</li><li>市场隐含的前景（源自期权价格）已转向更加积极的近期前景。</li><li>我认为通用汽车具有良好的风险回报状况。</li></ul><p class=\"t-img-caption\"><span>JHVEPhoto/iStock 社论来自 Getty Images</span></p></blockquote></p><p> General Motors(NYSE:GM)seems to be having a moment, with the share price rising 4.5% today, following an inspirational&nbsp;presentation to analysts. The company outlined its plan to be a leader in EVs and a vision for building a&nbsp;million self-driving cars by 2030. For GM, as with Ford(NYSE:F), the company recognizes that earnings growth and share valuation depend on aggressive technology-driven development. If GM can convince the market, and then demonstrate, that there is a real roadmap to higher-margin EVs and self-driving vehicles, the shares should demand a considerably higher price. After all, GM’s forward P/E is&nbsp;8.8, as compared to TSLA’s&nbsp;144.8.</p><p><blockquote>通用汽车（纽约证券交易所股票代码：GM）似乎正在经历一个时刻，在向分析师做了鼓舞人心的演讲后，股价今天上涨了 4.5%。该公司概述了其成为电动汽车领导者的计划，以及到 2030 年生产 100 万辆自动驾驶汽车的愿景。对于通用汽车来说，与福特（纽约证券交易所股票代码：F）一样，该公司认识到盈利增长和股票估值取决于积极的技术驱动型发展。如果通用汽车能够说服市场，然后证明有一个更高利润率的电动汽车和自动驾驶汽车的真正路线图，那么该股应该会要求大幅上涨。毕竟，通用汽车的远期市盈率为 8.8，而特斯拉的远期市盈率为 144.8。</blockquote></p><p> Intriguingly, the Wall Street analysts have already priced an outlook for GM’s transformation. The Wall Street analyst&nbsp;consensus price target&nbsp;for GM has surged to $71.3, as compared to $46.6 in February of 2020, right before COVID hit and $51 at the end of 2020. At the current share price of $56.30, the Wall Street consensus (as calculated by&nbsp;Seeking Alpha) is for 12-month price appreciation of 26.7%.</p><p><blockquote>耐人寻味的是，华尔街分析师已经对通用汽车的转型前景进行了定价。华尔街分析师对通用汽车的一致目标价已飙升至 71.3 美元，而 2020 年 2 月新冠疫情爆发前为 46.6 美元，2020 年底为 51 美元。按目前 56.30 美元的股价计算，华尔街的共识（由 Seeking Alpha 计算）是 12 个月价格上涨 26.7%。</blockquote></p><p> When I&nbsp;last analyzed GM on March 7, 2021, seven months ago, the Wall Street consensus outlook was already bullish, with a 12-month price target that was about 20% above the share price at that time. Of the 19 analysts included in Seeking Alpha’s consensus outlook, 17 were bullish and 2 were neutral. I assigned GM a neutral rating at that time, largely because the outlook implied by options prices, in contrast to the Wall Street consensus, was bearish. The options market to early 2022 was indicating elevated probabilities of price declines. I compromised between the bullish Wall Street and the bearish options market view with a neutral rating. Since my post was published, GM has gained 4% (including the big rise today), as compared to 15.1% in price appreciation for the S&amp;P 500.</p><p><blockquote>当我最后一次分析通用汽车是在 2021 年 3 月 7 日，也就是七个月前，华尔街的一致前景已经是看涨的，12 个月目标价比当时的股价高出约 20%。在参与 Seeking Alpha 共识展望的 19 位分析师中，17 位看涨，2 位中立。当时我给予通用汽车中性评级，主要是因为期权价格所暗示的前景与华尔街的共识相反，是看跌的。2022 年初的期权市场表明价格下跌的可能性较高。我在看涨的华尔街和看跌的期权市场观点之间做出了妥协，给出了中性评级。自从我的帖子发表以来，通用汽车已经上涨了4%（包括今天的大幅上涨），而标普500的价格上涨了15.1%。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/c074188d666f33a0849eb28c23242522\" tg-width=\"603\" tg-height=\"355\" width=\"100%\" height=\"auto\"><span>Performance of GM vs. the S&amp;P 500 over the past 7 months (Source: Seeking Alpha)</span></p><p><blockquote><p class=\"t-img-caption\"><span>过去 7 个月通用汽车与标普500的表现（来源：Seeking Alpha）</span></p></blockquote></p><p> Using options prices to build a probabilistic price return outlook is conceptually straightforward. The price of an option represents the market’s consensus estimate for the probability that the price of the underlying stock (GM, in this case) will rise above (call option) or fall below (put option) a specific level (the strike price) between now and when the option expires. By analyzing calls and puts at a range of strike prices and a common expiration date, it is possible to calculate a probabilistic outlook for the underlying security that reconciles the options prices. This is referred to as the market-implied outlook. For readers seeking more information on this approach, I have written an&nbsp;overview post, including links to the relevant financial literature.</p><p><blockquote>使用期权价格构建概率价格回报展望在概念上很简单。期权价格代表了市场对标的股票（在本例中为通用汽车）价格从现在到期权到期日升至特定水平（执行价格）以上（看涨期权期权）或跌至特定水平（执行价格）以下（看跌期权）的概率的一致估计。通过分析一系列执行价格和共同到期日的评级和看跌期权，可以计算出基础证券的概率前景，使期权价格一致。这被称为市场隐含前景。对于寻求有关这种方法的更多信息的读者，我写了一篇概述文章，包括相关金融文献的链接。</blockquote></p><p> It is clear today, as it was for my last analysis, that GM is relying on the ability to compete with EVs and autonomous vehicles. The analysts are valuing the company assuming that GM will successfully make this transition. Even if one agrees, the challenge is in the timing. Since March, GM has suffered an expensive and embarrassing setback with the&nbsp;massive recall&nbsp;of Chevy electric vehicles. Even if one buys into management’s vision, one imagines that some car buyers will be reluctant to buy a GM EV after seeing pictures of&nbsp;charred Chevy Bolts.</p><p><blockquote>今天很明显，正如我上次的分析一样，通用汽车依靠与电动汽车和自动驾驶汽车竞争的能力。分析师假设通用汽车将成功实现这一转型，对该公司进行估值。即使有人同意，挑战也在于时机。自3月份以来，通用汽车因大规模召回雪佛兰电动汽车而遭受了代价高昂且尴尬的挫折。即使人们认同管理层的愿景，人们也可以想象，一些购车者在看到雪佛兰螺栓烧焦的照片后，会不愿意购买通用汽车的电动汽车。</blockquote></p><p> GM is currently 11.9% below its 2021 high close of $63.92, set on June 8. With 7 months since my last analysis, and with the market and the analysts responding favorably to GM’s vision, I am revisiting my rating on GM.</p><p><blockquote>通用汽车目前比 6 月 8 日设定的 2021 年最高收盘价 63.92 美元低 11.9%。距离我上次分析已经过去了 7 个月，市场和分析师对通用汽车的愿景反应积极，我正在重新审视我对通用汽车的评级。</blockquote></p><p> <b>Wall Street Consensus Outlook for GM</b></p><p><blockquote><b>华尔街对通用汽车的共识前景</b></blockquote></p><p> ETrade’s calculation of the Wall Street consensus outlook is calculated using the views of 13 ranked analysts who have issued ratings and price targets for GM within the past 90 days. The consensus rating is bullish and the consensus 12-month price target is 27.5% above the current share price. There is a fairly high level of dispersion in the price targets, which&nbsp;reduces confidence&nbsp;in the consensus value. Of the 13 analysts, 12 give GM a buy rating and 1 assigns a neutral rating.</p><p><blockquote>ETrade 对华尔街共识前景的计算是根据过去 90 天内发布过通用汽车评级和目标价的 13 位排名分析师的观点计算得出的。一致评级为看涨，一致的 12 个月目标价比当前股价高出 27.5%。价格目标存在相当高的分散性，这降低了对共识价值的信心。13名分析师中，12名给予通用汽车买入评级，1名给予中性评级。</blockquote></p><p></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/31b957237cbf2644c75e372831ed0714\" tg-width=\"1280\" tg-height=\"838\" width=\"100%\" height=\"auto\"><span>Wall Street analyst consensus rating and 12-month price target for GM (Source: ETrade)</span></p><p><blockquote><p class=\"t-img-caption\"><span>华尔街分析师对通用汽车的共识评级和 12 个月目标价（来源：ETrade）</span></p></blockquote></p><p> Seeking Alpha’s version of the Wall Street consensus outlook is calculated using ratings and prices targets from 21 analysts. The consensus rating is bullish and the consensus price target is 26.7% above the current share price. Only 1 analyst is neutral and the other 20 are bullish.</p><p><blockquote>Seeking Alpha 版的华尔街共识展望是根据 21 位分析师的评级和目标价计算得出的。一致评级为看涨，一致目标价比当前股价高出26.7%。只有 1 位分析师持中立态度，其他 20 位分析师持看涨态度。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/dbd40949c8ccc5a730e0aa07c04e15a8\" tg-width=\"1280\" tg-height=\"645\" width=\"100%\" height=\"auto\"><span>Wall Street analyst consensus rating and 12-month price target for GM (Source: Seeking Alpha)</span></p><p><blockquote><p class=\"t-img-caption\"><span>华尔街分析师对通用汽车的共识评级和 12 个月目标价（来源：Seeking Alpha）</span></p></blockquote></p><p> The good news for GM shareholders is that the analysts are almost uniformly bullish on GM and the average 12-month price target is about 27% above the current level. There are somewhat cautionary considerations, however. First, the spread among the price targets is high, which means that there is not a lot of confidence in the outlook. Second, the timing of a share price recovery is hard to predict. The analysts were bullish back in March, as well.</p><p><blockquote>对于通用汽车股东来说，好消息是分析师几乎一致看好通用汽车，12 个月平均目标价比当前水平高出约 27%。然而，有一些谨慎的考虑。首先，价格目标之间的价差较高，这意味着对前景没有太多信心。其次，股价回升的时机难以预测。分析师在三月份也很乐观。</blockquote></p><p> <b>Market-Implied Outlook for GM</b></p><p><blockquote><b>通用汽车的市场隐含前景</b></blockquote></p><p> I have analyzed the prices of call and put options at a range of strike prices, all expiring on January 21, 2022 to generate the market-implied outlook for the next 3.5 months (from today until the expiration date). In my previous analysis, I also calculated a market-implied outlook using options with this expiration date. I have also generated the market-implied outlook to mid 2022, a period of 8.3 months, by analyzing options that expire on June 21, 2022.</p><p><blockquote>我分析了一系列执行价格的看涨期权和看跌期权的价格，所有期权均于 2022 年 1 月 21 日到期，以生成未来 3.5 个月（从今天到到期日）的市场隐含前景。在我之前的分析中，我还使用具有此到期日的期权计算了市场隐含前景。我还通过分析 2022 年 6 月 21 日到期的期权，生成了 2022 年中期（8.3 个月）的市场隐含展望。</blockquote></p><p> The standard presentation of the market-implied outlook is a probability distribution of price return, with probability on the vertical axis and return on the horizontal.</p><p><blockquote>市场隐含前景的标准表示是价格回报的概率分布，概率在纵轴上，回报在横轴上。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/dd025ceee857934bb5992eb6c234bd6d\" tg-width=\"618\" tg-height=\"356\" width=\"100%\" height=\"auto\"><span>Market-implied price return probabilities for GM for the 3.5-month period from today until January 21, 2022 (Source: Author’s calculations using options quotes from ETrade)</span></p><p><blockquote><p class=\"t-img-caption\"><span>通用汽车从即日起至 2022 年 1 月 21 日 3.5 个月期间的市场隐含价格回报率（来源：作者使用 ETrade 期权报价计算）</span></p></blockquote></p><p> The market-implied outlook for GM for the 3.5-month period between now and January 21, 2022 is generally symmetric, although the peak probability is slightly tilted towards negative returns, corresponding to a price return of -1.5%. The annualized volatility derived from this distribution is 35.7%, quite high for an individual stock.</p><p><blockquote>通用汽车从现在到2022年1月21日的3.5个月期间的市场隐含前景总体上是对称的，尽管峰值概率略微倾向于负回报，对应于-1.5%的价格回报。这种分布得出的年化波动率为35.7%，对于个股来说相当高。</blockquote></p><p> To make it easier to directly compare the probabilities of positive and negative returns, I rotate the negative return side of the distribution about the vertical axis (see chart below).</p><p><blockquote>为了更容易直接比较正回报和负回报的概率，我将分布的负回报侧绕纵轴旋转（见下图）。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/fc3728611fe98a00c0edfa693bae10b4\" tg-width=\"573\" tg-height=\"356\" width=\"100%\" height=\"auto\"><span>Market-implied price return probabilities for GM for the 3.5-month period from today until January 21, 2022. The negative return side of the distribution has been rotated about the vertical axis (Source: author’s calculations using options quotes from ETrade)</span></p><p><blockquote><p class=\"t-img-caption\"><span>从即日起至 2022 年 1 月 21 日 3.5 个月期间通用汽车的市场隐含价格回报率。分布的负回报率绕纵轴旋转（来源：作者使用 ETrade 期权报价计算）</span></p></blockquote></p><p> This view shows that the probabilities of positive and negative returns are almost identical for most outcomes (the solid blue line and the dashed red line are very close to one another). The exception is for small-magnitude price returns (+/- 5%).</p><p><blockquote>这种观点表明，对于大多数结果来说，正回报和负回报的概率几乎相同（蓝色实线和红色虚线非常接近）。例外情况是小额价格回报（+/- 5%）。</blockquote></p><p> Theory predicts that the market-implied outlook will tend to be negatively biased because risk-averse investors pay more than fair value for put options to limit losses in long positions. In the financial literature, the market-implied outlook is often referred to as being risk-neutral. What this means is that the market-implied outlook would be unbiased if investors, in aggregate, were risk-neutral. Investors, collectively, are risk-averse - demanding to be paid a premium to take on risk (the equity risk premium). For this reason, a market-implied outlook with closely matching probabilities between positive and negative returns, as we see here, is actually a slightly bullish view.</p><p><blockquote>理论预测，市场隐含的前景将倾向于负面偏差，因为规避风险的投资者为看跌期权支付高于公允价值的费用，以限制多头头寸的损失。在金融文献中，市场隐含的前景通常被称为风险中性。这意味着，如果投资者总体上是风险中性的，市场隐含的前景将是公正的。投资者总体上是规避风险的——要求为承担风险支付溢价（股票风险溢价）。因此，正如我们在这里看到的，市场隐含的前景，正回报和负回报之间的概率非常匹配，实际上是一种略微看涨的观点。</blockquote></p><p> The market-implied outlook to the middle of 2022 (8.3 months), calculated using the prices of call and put options that expire on June 17, 2022, exhibits more of a negative tilt. Qualitative consideration of the potential for a negative bias leads me to characterize this outlook as neutral, perhaps with a slight bearish tilt. The annualized volatility derived from this distribution is 36.5%.</p><p><blockquote>使用 2022 年 6 月 17 日到期的看涨期权和看跌期权价格计算的 2022 年中期（8.3 个月）的市场隐含前景表现出更多的负面倾斜。对潜在负面偏见的定性考虑使我将这一前景描述为中性，也许略有看跌倾向。该分布得出的年化波幅为36.5%。</blockquote></p><p></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/f7731002b4fcd2fbea3e50f32512c507\" tg-width=\"573\" tg-height=\"356\" width=\"100%\" height=\"auto\"><span>Market-implied price return probabilities for GM for the 8.3-month period from today until June 17, 2022. The negative return side of the distribution has been rotated about the vertical axis (Source: author’s calculations using options quotes from ETrade)</span></p><p><blockquote><p class=\"t-img-caption\"><span>从即日起至 2022 年 6 月 17 日 8.3 个月期间通用汽车的市场隐含价格回报率。分布的负回报率绕纵轴旋转（来源：作者使用 ETrade 期权报价计算）</span></p></blockquote></p><p> Contrast the current market-implied outlooks for GM with the 10.6-month outlook to January 2022 from my&nbsp;previous analysis&nbsp;in March, which was substantially bearish. In this outlook, the probabilities of negative price returns were much higher relative to those for positive returns. The current market-implied outlook, slightly bullish to early 2022 and neutral to mid-2022, is much more favorable than the outlook from my earlier analysis.</p><p><blockquote>将通用汽车目前的市场隐含前景与我在 3 月份之前的分析中截至 2022 年 1 月的 10.6 个月前景进行对比，后者大幅看跌。在这种前景下，负价格回报的概率比正回报的概率要高得多。当前市场隐含的前景，2022年初略微看涨，2022年年中中性，比我之前分析的前景要有利得多。</blockquote></p><p> <b>Summary</b></p><p><blockquote><b>总结</b></blockquote></p><p> GM is at an important transition point in its history. The company needs to rapidly and convincingly shift away from traditional internal combustion vehicles and towards EVs and autonomous vehicles. The Wall Street analysts, as a group, are confident that GM can make strides in this direction and the analyst consensus has gotten more bullish through 2021. The Wall Street consensus rating is bullish, with about 27% expected 12-month price appreciation.</p><p><blockquote>通用汽车正处于其历史上的一个重要转折点。该公司需要迅速且令人信服地摆脱传统内燃机汽车，转向电动汽车和自动驾驶汽车。华尔街分析师作为一个群体，相信通用汽车能够在这个方向上取得长足进步，并且分析师的共识在 2021 年变得更加乐观。华尔街一致评级看涨，预计 12 个月价格将升值约 27%。</blockquote></p><p> The projected volatility for GM, calculated from the market-implied outlook, is about 36%. This is a fairly high level of volatility, but looks reasonable if we believe that the expected return is 27%. As a rule of thumb for a buy, I want to see expected return that is at or above ½ of the volatility.</p><p><blockquote>根据市场隐含的前景计算，通用汽车的预计波动率约为 36%。这是一个相当高的波动性水平，但如果我们相信预期回报率为 27%，这看起来是合理的。作为买入的经验法则，我希望看到预期回报等于或高于波动性的 1/2。</blockquote></p><p> Taking the analyst expected return at face value, GM easily surpasses this threshold. The market-implied outlook to early 2022 is slightly bullish, shifting to neutral by mid-2022. The market-implied outlook for GM has improved dramatically since March, when it was significantly bearish. I am changing my rating on GM from neutral to bullish.</p><p><blockquote>按面值计算分析师预期回报率，通用汽车轻松超过了这一门槛。市场对 2022 年初的前景略显乐观，到 2022 年年中转为中性。自 3 月份以来，市场对通用汽车的隐含前景已显着改善，当时通用汽车的市场前景明显看跌。我将对通用汽车的评级从中性改为看涨。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://seekingalpha.com/article/4458959-favorable-outlook-for-gm\">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":{"GM":"通用汽车"},"source_url":"https://seekingalpha.com/article/4458959-favorable-outlook-for-gm","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1128736762","content_text":"Summary\n\nGM has struggled with the transition to EVs and other technology-forward efforts.\nThe Wall Street consensus is that GM will succeed sooner rather than later.\nThe market-implied outlook (derived from options prices) has shifted to a substantially more positive near-term view.\nI see GM as having a favorable risk-return profile.\n\nJHVEPhoto/iStock Editorial via Getty Images\nGeneral Motors(NYSE:GM)seems to be having a moment, with the share price rising 4.5% today, following an inspirational presentation to analysts. The company outlined its plan to be a leader in EVs and a vision for building a million self-driving cars by 2030. For GM, as with Ford(NYSE:F), the company recognizes that earnings growth and share valuation depend on aggressive technology-driven development. If GM can convince the market, and then demonstrate, that there is a real roadmap to higher-margin EVs and self-driving vehicles, the shares should demand a considerably higher price. After all, GM’s forward P/E is 8.8, as compared to TSLA’s 144.8.\nIntriguingly, the Wall Street analysts have already priced an outlook for GM’s transformation. The Wall Street analyst consensus price target for GM has surged to $71.3, as compared to $46.6 in February of 2020, right before COVID hit and $51 at the end of 2020. At the current share price of $56.30, the Wall Street consensus (as calculated by Seeking Alpha) is for 12-month price appreciation of 26.7%.\nWhen I last analyzed GM on March 7, 2021, seven months ago, the Wall Street consensus outlook was already bullish, with a 12-month price target that was about 20% above the share price at that time. Of the 19 analysts included in Seeking Alpha’s consensus outlook, 17 were bullish and 2 were neutral. I assigned GM a neutral rating at that time, largely because the outlook implied by options prices, in contrast to the Wall Street consensus, was bearish. The options market to early 2022 was indicating elevated probabilities of price declines. I compromised between the bullish Wall Street and the bearish options market view with a neutral rating. Since my post was published, GM has gained 4% (including the big rise today), as compared to 15.1% in price appreciation for the S&P 500.\nPerformance of GM vs. the S&P 500 over the past 7 months (Source: Seeking Alpha)\nUsing options prices to build a probabilistic price return outlook is conceptually straightforward. The price of an option represents the market’s consensus estimate for the probability that the price of the underlying stock (GM, in this case) will rise above (call option) or fall below (put option) a specific level (the strike price) between now and when the option expires. By analyzing calls and puts at a range of strike prices and a common expiration date, it is possible to calculate a probabilistic outlook for the underlying security that reconciles the options prices. This is referred to as the market-implied outlook. For readers seeking more information on this approach, I have written an overview post, including links to the relevant financial literature.\nIt is clear today, as it was for my last analysis, that GM is relying on the ability to compete with EVs and autonomous vehicles. The analysts are valuing the company assuming that GM will successfully make this transition. Even if one agrees, the challenge is in the timing. Since March, GM has suffered an expensive and embarrassing setback with the massive recall of Chevy electric vehicles. Even if one buys into management’s vision, one imagines that some car buyers will be reluctant to buy a GM EV after seeing pictures of charred Chevy Bolts.\nGM is currently 11.9% below its 2021 high close of $63.92, set on June 8. With 7 months since my last analysis, and with the market and the analysts responding favorably to GM’s vision, I am revisiting my rating on GM.\nWall Street Consensus Outlook for GM\nETrade’s calculation of the Wall Street consensus outlook is calculated using the views of 13 ranked analysts who have issued ratings and price targets for GM within the past 90 days. The consensus rating is bullish and the consensus 12-month price target is 27.5% above the current share price. There is a fairly high level of dispersion in the price targets, which reduces confidence in the consensus value. Of the 13 analysts, 12 give GM a buy rating and 1 assigns a neutral rating.\nWall Street analyst consensus rating and 12-month price target for GM (Source: ETrade)\nSeeking Alpha’s version of the Wall Street consensus outlook is calculated using ratings and prices targets from 21 analysts. The consensus rating is bullish and the consensus price target is 26.7% above the current share price. Only 1 analyst is neutral and the other 20 are bullish.\nWall Street analyst consensus rating and 12-month price target for GM (Source: Seeking Alpha)\nThe good news for GM shareholders is that the analysts are almost uniformly bullish on GM and the average 12-month price target is about 27% above the current level. There are somewhat cautionary considerations, however. First, the spread among the price targets is high, which means that there is not a lot of confidence in the outlook. Second, the timing of a share price recovery is hard to predict. The analysts were bullish back in March, as well.\nMarket-Implied Outlook for GM\nI have analyzed the prices of call and put options at a range of strike prices, all expiring on January 21, 2022 to generate the market-implied outlook for the next 3.5 months (from today until the expiration date). In my previous analysis, I also calculated a market-implied outlook using options with this expiration date. I have also generated the market-implied outlook to mid 2022, a period of 8.3 months, by analyzing options that expire on June 21, 2022.\nThe standard presentation of the market-implied outlook is a probability distribution of price return, with probability on the vertical axis and return on the horizontal.\nMarket-implied price return probabilities for GM for the 3.5-month period from today until January 21, 2022 (Source: Author’s calculations using options quotes from ETrade)\nThe market-implied outlook for GM for the 3.5-month period between now and January 21, 2022 is generally symmetric, although the peak probability is slightly tilted towards negative returns, corresponding to a price return of -1.5%. The annualized volatility derived from this distribution is 35.7%, quite high for an individual stock.\nTo make it easier to directly compare the probabilities of positive and negative returns, I rotate the negative return side of the distribution about the vertical axis (see chart below).\nMarket-implied price return probabilities for GM for the 3.5-month period from today until January 21, 2022. The negative return side of the distribution has been rotated about the vertical axis (Source: author’s calculations using options quotes from ETrade)\nThis view shows that the probabilities of positive and negative returns are almost identical for most outcomes (the solid blue line and the dashed red line are very close to one another). The exception is for small-magnitude price returns (+/- 5%).\nTheory predicts that the market-implied outlook will tend to be negatively biased because risk-averse investors pay more than fair value for put options to limit losses in long positions. In the financial literature, the market-implied outlook is often referred to as being risk-neutral. What this means is that the market-implied outlook would be unbiased if investors, in aggregate, were risk-neutral. Investors, collectively, are risk-averse - demanding to be paid a premium to take on risk (the equity risk premium). For this reason, a market-implied outlook with closely matching probabilities between positive and negative returns, as we see here, is actually a slightly bullish view.\nThe market-implied outlook to the middle of 2022 (8.3 months), calculated using the prices of call and put options that expire on June 17, 2022, exhibits more of a negative tilt. Qualitative consideration of the potential for a negative bias leads me to characterize this outlook as neutral, perhaps with a slight bearish tilt. The annualized volatility derived from this distribution is 36.5%.\nMarket-implied price return probabilities for GM for the 8.3-month period from today until June 17, 2022. The negative return side of the distribution has been rotated about the vertical axis (Source: author’s calculations using options quotes from ETrade)\nContrast the current market-implied outlooks for GM with the 10.6-month outlook to January 2022 from my previous analysis in March, which was substantially bearish. In this outlook, the probabilities of negative price returns were much higher relative to those for positive returns. The current market-implied outlook, slightly bullish to early 2022 and neutral to mid-2022, is much more favorable than the outlook from my earlier analysis.\nSummary\nGM is at an important transition point in its history. The company needs to rapidly and convincingly shift away from traditional internal combustion vehicles and towards EVs and autonomous vehicles. The Wall Street analysts, as a group, are confident that GM can make strides in this direction and the analyst consensus has gotten more bullish through 2021. The Wall Street consensus rating is bullish, with about 27% expected 12-month price appreciation.\nThe projected volatility for GM, calculated from the market-implied outlook, is about 36%. This is a fairly high level of volatility, but looks reasonable if we believe that the expected return is 27%. As a rule of thumb for a buy, I want to see expected return that is at or above ½ of the volatility.\nTaking the analyst expected return at face value, GM easily surpasses this threshold. The market-implied outlook to early 2022 is slightly bullish, shifting to neutral by mid-2022. The market-implied outlook for GM has improved dramatically since March, when it was significantly bearish. I am changing my rating on GM from neutral to bullish.","news_type":1,"symbols_score_info":{"GM":0.9}},"isVote":1,"tweetType":1,"viewCount":4378,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":867472253,"gmtCreate":1633311430943,"gmtModify":1633311431538,"author":{"id":"3576907825888639","authorId":"3576907825888639","name":"JerryChiang","avatar":"https://static.tigerbbs.com/537811c4027e5f1664a45ab303892cb1","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576907825888639","authorIdStr":"3576907825888639"},"themes":[],"title":"","htmlText":"Keep up the momentum!&nbsp;","listText":"Keep up the momentum!&nbsp;","text":"Keep up the momentum!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/867472253","repostId":"2172962784","repostType":4,"isVote":1,"tweetType":1,"viewCount":4453,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":864724673,"gmtCreate":1633151766578,"gmtModify":1633151767079,"author":{"id":"3576907825888639","authorId":"3576907825888639","name":"JerryChiang","avatar":"https://static.tigerbbs.com/537811c4027e5f1664a45ab303892cb1","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576907825888639","authorIdStr":"3576907825888639"},"themes":[],"title":"","htmlText":"Can't wait for this","listText":"Can't wait for this","text":"Can't wait for this","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/864724673","repostId":"2172396138","repostType":4,"isVote":1,"tweetType":1,"viewCount":4564,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":864153518,"gmtCreate":1633077102463,"gmtModify":1633077102907,"author":{"id":"3576907825888639","authorId":"3576907825888639","name":"JerryChiang","avatar":"https://static.tigerbbs.com/537811c4027e5f1664a45ab303892cb1","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576907825888639","authorIdStr":"3576907825888639"},"themes":[],"title":"","htmlText":"Is it the bottom yet? 🤔&nbsp;","listText":"Is it the bottom yet? 🤔&nbsp;","text":"Is it the bottom yet? 🤔","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/864153518","repostId":"2172095220","repostType":4,"isVote":1,"tweetType":1,"viewCount":4044,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":865820422,"gmtCreate":1632968346624,"gmtModify":1632968347118,"author":{"id":"3576907825888639","authorId":"3576907825888639","name":"JerryChiang","avatar":"https://static.tigerbbs.com/537811c4027e5f1664a45ab303892cb1","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576907825888639","authorIdStr":"3576907825888639"},"themes":[],"title":"","htmlText":"Hope it'll recover soon 🙏&nbsp;","listText":"Hope it'll recover soon 🙏&nbsp;","text":"Hope it'll recover soon 🙏","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/865820422","repostId":"1178581695","repostType":4,"isVote":1,"tweetType":1,"viewCount":4286,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":866927895,"gmtCreate":1632726512517,"gmtModify":1632798274274,"author":{"id":"3576907825888639","authorId":"3576907825888639","name":"JerryChiang","avatar":"https://static.tigerbbs.com/537811c4027e5f1664a45ab303892cb1","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576907825888639","authorIdStr":"3576907825888639"},"themes":[],"title":"","htmlText":"Really?!","listText":"Really?!","text":"Really?!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/866927895","repostId":"1147435731","repostType":4,"repost":{"id":"1147435731","kind":"news","pubTimestamp":1632725912,"share":"https://www.laohunote.com/m/news/1147435731?lang=zh_CN&edition=full","pubTime":"2021-09-27 14:58","market":"us","language":"en","title":"Mercedes-AMG Boss Says V-8 Engine Will Be In Demand For \"Next Ten Years\"<blockquote>梅赛德斯-AMG 老板表示“未来十年”将需要 V-8 发动机</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1147435731","media":"zerohedge","summary":"Mercedes' parent company Daimler has proposed tens of billions of dollars in battery-electric vehicl","content":"<p>Mercedes' parent company Daimler has proposed tens of billions of dollars in battery-electric vehicle development between 2022-2030 and could go fully electric by the end of the decade. The company's move from combustion engines to electric wasn't entirely shared by the head of AMG, Maybach, and G-Class.</p><p><blockquote>梅赛德斯的母公司戴姆勒提议在 2022 年至 2030 年间投入数百亿美元用于纯电动汽车开发，并可能在本十年末实现全电动化。AMG、迈巴赫和 G 级车的负责人并不完全认同该公司从内燃机转向电动的做法。</blockquote></p><p> In a recent interview, Mercedes-AMG head Philipp Schiemer told&nbsp;Road &amp; Track&nbsp;that he expects the V-8 engine to stick around for another decade or so.</p><p><blockquote>在最近的一次采访中，梅赛德斯-AMG 负责人 Philipp Schiemer 告诉 Road &amp; Track，他预计 V-8 发动机将继续使用十年左右。</blockquote></p><p>   <i>\"I think there will be a future, yes,\" Schiemer said. \"I think for the next ten years we will see the V-8s, for sure. We have a lot of customers who love their cars and I still think that we will see those people buying the [V-8] cars for a long time.\"</i>  He said there is still \"very high demand for\" V-8 luxury and high-performance vehicles worldwide despite the push to greenify the industry.</p><p><blockquote><i>“我认为会有未来，是的，”希默说。“我认为未来十年我们肯定会看到 V-8。我们有很多喜欢他们汽车的客户，我仍然认为我们会看到这些人长期购买 [V-8] 汽车。”</i>他表示，尽管推动行业绿色化，但全球对 V-8 豪华和高性能汽车的需求仍然“非常高”。</blockquote></p><p> AMG Chief Technical Officer Jochen Hermann provided an example of the V-8's future with the Mercedes-AMG GT 63 S e-Performance, which has hybridization built into it.</p><p><blockquote>AMG 首席技术官 Jochen Hermann 通过内置混合动力技术的梅赛德斯-AMG GT 63 S e-Performance 提供了 V-8 未来的例子。</blockquote></p><p>   <i>\"You have this extra power, like low-end torque which is usually more of an issue for a combustion engine. We get that instant torque, whereas, you know, on a German Autobahn[...] this is where the V-8 engine really kicks in,\" Hermann said.</i>  He noted combining the V-8 with a performance hybrid system increases the vehicle's performance.</p><p><blockquote><i>“你有额外的动力，比如低端扭矩，这对于内燃机来说通常是一个更大的问题。我们获得了瞬时扭矩，而你知道，在德国高速公路上[...]这就是 V-8 发动机真正发挥作用的地方，”赫尔曼说。</i>他指出，将 V-8 发动机与高性能混合动力系统相结合可以提高车辆的性能。</blockquote></p><p> The hopes of winding down the use of combustion engines in new vehicle production might not entirely be the case for some&nbsp;high-performance&nbsp;Mercedes models. It appears AMG is still a huge fan of the V-8 engine.</p><p><blockquote>对于一些高性能梅赛德斯车型来说，减少在新车生产中使用内燃机的希望可能并不完全是这样。看来 AMG 仍然是 V-8 发动机的忠实粉丝。</blockquote></p><p> Greta Thunberg and her gang of climate alarmists will likely be displeased by the comments made by AMG heads to keep the V-8 engine in production for a decade or more.</p><p><blockquote>格蕾塔·通贝里和她的气候危言耸听者团伙可能会对 AMG 负责人关于将 V-8 发动机继续生产十年或更长时间的言论感到不满。</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>Mercedes-AMG Boss Says V-8 Engine Will Be In Demand For \"Next Ten Years\"<blockquote>梅赛德斯-AMG 老板表示“未来十年”将需要 V-8 发动机</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\">\nMercedes-AMG Boss Says V-8 Engine Will Be In Demand For \"Next Ten Years\"<blockquote>梅赛德斯-AMG 老板表示“未来十年”将需要 V-8 发动机</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">zerohedge</strong><span class=\"h-time small\">2021-09-27 14:58</span>\n</p>\n</h4>\n</header>\n<article>\n<p>Mercedes' parent company Daimler has proposed tens of billions of dollars in battery-electric vehicle development between 2022-2030 and could go fully electric by the end of the decade. The company's move from combustion engines to electric wasn't entirely shared by the head of AMG, Maybach, and G-Class.</p><p><blockquote>梅赛德斯的母公司戴姆勒提议在 2022 年至 2030 年间投入数百亿美元用于纯电动汽车开发，并可能在本十年末实现全电动化。AMG、迈巴赫和 G 级车的负责人并不完全认同该公司从内燃机转向电动的做法。</blockquote></p><p> In a recent interview, Mercedes-AMG head Philipp Schiemer told&nbsp;Road &amp; Track&nbsp;that he expects the V-8 engine to stick around for another decade or so.</p><p><blockquote>在最近的一次采访中，梅赛德斯-AMG 负责人 Philipp Schiemer 告诉 Road &amp; Track，他预计 V-8 发动机将继续使用十年左右。</blockquote></p><p>   <i>\"I think there will be a future, yes,\" Schiemer said. \"I think for the next ten years we will see the V-8s, for sure. We have a lot of customers who love their cars and I still think that we will see those people buying the [V-8] cars for a long time.\"</i>  He said there is still \"very high demand for\" V-8 luxury and high-performance vehicles worldwide despite the push to greenify the industry.</p><p><blockquote><i>“我认为会有未来，是的，”希默说。“我认为未来十年我们肯定会看到 V-8。我们有很多喜欢他们汽车的客户，我仍然认为我们会看到这些人长期购买 [V-8] 汽车。”</i>他表示，尽管推动行业绿色化，但全球对 V-8 豪华和高性能汽车的需求仍然“非常高”。</blockquote></p><p> AMG Chief Technical Officer Jochen Hermann provided an example of the V-8's future with the Mercedes-AMG GT 63 S e-Performance, which has hybridization built into it.</p><p><blockquote>AMG 首席技术官 Jochen Hermann 通过内置混合动力技术的梅赛德斯-AMG GT 63 S e-Performance 提供了 V-8 未来的例子。</blockquote></p><p>   <i>\"You have this extra power, like low-end torque which is usually more of an issue for a combustion engine. We get that instant torque, whereas, you know, on a German Autobahn[...] this is where the V-8 engine really kicks in,\" Hermann said.</i>  He noted combining the V-8 with a performance hybrid system increases the vehicle's performance.</p><p><blockquote><i>“你有额外的动力，比如低端扭矩，这对于内燃机来说通常是一个更大的问题。我们获得了瞬时扭矩，而你知道，在德国高速公路上[...]这就是 V-8 发动机真正发挥作用的地方，”赫尔曼说。</i>他指出，将 V-8 发动机与高性能混合动力系统相结合可以提高车辆的性能。</blockquote></p><p> The hopes of winding down the use of combustion engines in new vehicle production might not entirely be the case for some&nbsp;high-performance&nbsp;Mercedes models. It appears AMG is still a huge fan of the V-8 engine.</p><p><blockquote>对于一些高性能梅赛德斯车型来说，减少在新车生产中使用内燃机的希望可能并不完全是这样。看来 AMG 仍然是 V-8 发动机的忠实粉丝。</blockquote></p><p> Greta Thunberg and her gang of climate alarmists will likely be displeased by the comments made by AMG heads to keep the V-8 engine in production for a decade or more.</p><p><blockquote>格蕾塔·通贝里和她的气候危言耸听者团伙可能会对 AMG 负责人关于将 V-8 发动机继续生产十年或更长时间的言论感到不满。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.zerohedge.com/markets/mercedes-amg-boss-says-v-8-engine-will-be-high-demand-next-ten-years?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+zerohedge%2Ffeed+%28zero+hedge+-+on+a+long+enough+timeline%2C+the+survival+rate+for+everyone+drops+to+zero%29\">zerohedge</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.zerohedge.com/markets/mercedes-amg-boss-says-v-8-engine-will-be-high-demand-next-ten-years?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+zerohedge%2Ffeed+%28zero+hedge+-+on+a+long+enough+timeline%2C+the+survival+rate+for+everyone+drops+to+zero%29","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1147435731","content_text":"Mercedes' parent company Daimler has proposed tens of billions of dollars in battery-electric vehicle development between 2022-2030 and could go fully electric by the end of the decade. The company's move from combustion engines to electric wasn't entirely shared by the head of AMG, Maybach, and G-Class.\nIn a recent interview, Mercedes-AMG head Philipp Schiemer told Road & Track that he expects the V-8 engine to stick around for another decade or so.\n\n\"I think there will be a future, yes,\" Schiemer said. \"I think for the next ten years we will see the V-8s, for sure. We have a lot of customers who love their cars and I still think that we will see those people buying the [V-8] cars for a long time.\"\n\nHe said there is still \"very high demand for\" V-8 luxury and high-performance vehicles worldwide despite the push to greenify the industry.\nAMG Chief Technical Officer Jochen Hermann provided an example of the V-8's future with the Mercedes-AMG GT 63 S e-Performance, which has hybridization built into it.\n\n\"You have this extra power, like low-end torque which is usually more of an issue for a combustion engine. We get that instant torque, whereas, you know, on a German Autobahn[...] this is where the V-8 engine really kicks in,\" Hermann said.\n\nHe noted combining the V-8 with a performance hybrid system increases the vehicle's performance.\nThe hopes of winding down the use of combustion engines in new vehicle production might not entirely be the case for some high-performance Mercedes models. It appears AMG is still a huge fan of the V-8 engine.\nGreta Thunberg and her gang of climate alarmists will likely be displeased by the comments made by AMG heads to keep the V-8 engine in production for a decade or more.","news_type":1,"symbols_score_info":{}},"isVote":1,"tweetType":1,"viewCount":4511,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":868851411,"gmtCreate":1632631531933,"gmtModify":1632648625832,"author":{"id":"3576907825888639","authorId":"3576907825888639","name":"JerryChiang","avatar":"https://static.tigerbbs.com/537811c4027e5f1664a45ab303892cb1","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576907825888639","authorIdStr":"3576907825888639"},"themes":[],"title":"","htmlText":"Not too late yet","listText":"Not too late yet","text":"Not too late yet","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/868851411","repostId":"2170614936","repostType":4,"isVote":1,"tweetType":1,"viewCount":4350,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":868062269,"gmtCreate":1632554291151,"gmtModify":1632658002701,"author":{"id":"3576907825888639","authorId":"3576907825888639","name":"JerryChiang","avatar":"https://static.tigerbbs.com/537811c4027e5f1664a45ab303892cb1","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576907825888639","authorIdStr":"3576907825888639"},"themes":[],"title":"","htmlText":"Hopefully it'd be more good news","listText":"Hopefully it'd be more good news","text":"Hopefully it'd be more good news","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/868062269","repostId":"2170611559","repostType":4,"isVote":1,"tweetType":1,"viewCount":2456,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":863139427,"gmtCreate":1632362655469,"gmtModify":1632800908503,"author":{"id":"3576907825888639","authorId":"3576907825888639","name":"JerryChiang","avatar":"https://static.tigerbbs.com/537811c4027e5f1664a45ab303892cb1","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576907825888639","authorIdStr":"3576907825888639"},"themes":[],"title":"","htmlText":"Good for the environment&nbsp;","listText":"Good for the environment&nbsp;","text":"Good for the environment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/863139427","repostId":"2169668181","repostType":4,"isVote":1,"tweetType":1,"viewCount":3460,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":869844624,"gmtCreate":1632275328668,"gmtModify":1632801557800,"author":{"id":"3576907825888639","authorId":"3576907825888639","name":"JerryChiang","avatar":"https://static.tigerbbs.com/537811c4027e5f1664a45ab303892cb1","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576907825888639","authorIdStr":"3576907825888639"},"themes":[],"title":"","htmlText":"Wow, more stream of profit 📈&nbsp;","listText":"Wow, more stream of profit 📈&nbsp;","text":"Wow, more stream of profit 📈","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/869844624","repostId":"2169630481","repostType":4,"isVote":1,"tweetType":1,"viewCount":3618,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":860499162,"gmtCreate":1632194563956,"gmtModify":1632802142461,"author":{"id":"3576907825888639","authorId":"3576907825888639","name":"JerryChiang","avatar":"https://static.tigerbbs.com/537811c4027e5f1664a45ab303892cb1","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576907825888639","authorIdStr":"3576907825888639"},"themes":[],"title":"","htmlText":"Lack of innovation&nbsp;","listText":"Lack of innovation&nbsp;","text":"Lack of innovation","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/860499162","repostId":"1117848660","repostType":4,"repost":{"id":"1117848660","kind":"news","pubTimestamp":1632192380,"share":"https://www.laohunote.com/m/news/1117848660?lang=zh_CN&edition=full","pubTime":"2021-09-21 10:46","market":"us","language":"en","title":"Here's Why Apple's iPhone 13 Should Be a Resounding Success<blockquote>这就是为什么苹果的 iPhone 13 应该取得巨大成功</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1117848660","media":"Motley Fool","summary":"Apple has taken a successful formula and made it even better.","content":"<p><b>Key Points</b></p><p><blockquote><b>要点</b></blockquote></p><p> <ul>  <li>Apple's iPhone 13 should end up encouraging more of its installed base to switch to 5G.</li>  <li>Incremental upgrades and accessibility to more markets through better carrier support will be tailwinds for the iPhone 13.</li>  <li>The iPhone 13 is the next step in Apple's 5G domination, which can continue for years.</li> </ul> <b>Apple</b>'s&nbsp;(NASDAQ:AAPL)&nbsp;iPhone 13 has arrived, and the initial reactions to the smartphone giant's latest and greatest device don't appear all that optimistic. Apple added the&nbsp;usual suite of upgrades&nbsp;to its latest iPhone models, packing in a better screen, faster processor, superior camera system, and bigger battery, among others. But the absence of any \"pathbreaking\" features has given birth to several memes on the internet, with some expressing disappointment at the lack of any substantial innovation.</p><p><blockquote><ul><li>苹果的iPhone 13最终应该会鼓励更多的安装用户转向5G。</li><li>增量升级和通过更好的运营商支持进入更多市场将是iPhone 13的推动力。</li><li>iPhone 13是苹果5G统治地位的下一步，这种统治可能会持续数年。</li></ul><b>苹果</b>（纳斯达克股票代码：AAPL）的 iPhone 13 已经到来，人们对这家智能手机巨头最新、最棒的设备的最初反应似乎并不那么乐观。苹果为其最新的iPhone机型增加了通常的升级套件，包括更好的屏幕、更快的处理器、卓越的相机系统和更大的电池等。但由于缺乏任何“开创性”功能，互联网上出现了几个迷因，一些人对缺乏任何实质性创新表示失望。</blockquote></p><p> However, I think the iPhone 13 could turn out to be more successful than the iPhone 12, which was&nbsp;a runaway hit&nbsp;last year thanks to aggressive pricing and the addition of 5G.</p><p><blockquote>然而，我认为iPhone 13可能会比iPhone 12更成功，由于激进的定价和5G的加入，iPhone 12去年大受欢迎。</blockquote></p><p> Let's see why that may be the case.</p><p><blockquote>让我们看看为什么会这样。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/a1913a1265f134e83f36cb92109cd4f7\" tg-width=\"2000\" tg-height=\"1325\" width=\"100%\" height=\"auto\"><span>IMAGE SOURCE: GETTY IMAGES.</span></p><p><blockquote><p class=\"t-img-caption\"><span>图片来源：盖蒂图片社。</span></p></blockquote></p><p> <b>The iPhone 13 can continue the iPhone 12's terrific sales momentum</b></p><p><blockquote><b>iPhone 13可以延续iPhone 12的出色销售势头</b></blockquote></p><p> The iPhone 12 helped Apple become&nbsp;a dominant player&nbsp;in the 5G smartphone market. Strategy Analytics estimates that Apple held&nbsp;29% of the 5G smartphone market thanks to the iPhone 12. The new iPhone models are expected to push that market share up to 40% as more consumers are expected to make the switch to Apple's 5G offerings.</p><p><blockquote>iPhone 12帮助苹果成为5G智能手机市场的主导者。Strategy Analytics估计，由于iPhone 12，苹果占据了5G智能手机市场29%的份额。随着越来越多的消费者预计会转向苹果的5G产品，新的iPhone机型预计将把市场份额推高至40%。</blockquote></p><p> That won't be surprising, as out of Apple's huge installed base of nearly 1.1 billion iPhones, less than 1% have a 5G-enabled device, at least according to a third-party research estimate. The iPhone 12 crossed 100 million units in less than seven months of its launch, and the iPhone 13 can carry forward that momentum since it is likely to appeal to those customers who have held off upgrading to a 5G device so far.</p><p><blockquote>这并不奇怪，因为在苹果近 11 亿部 iPhone 的庞大安装基数中，至少根据第三方研究估计，只有不到 1% 的手机拥有支持 5G 的设备。iPhone 12在推出不到7个月的时间里就突破了1亿部，iPhone 13可以延续这一势头，因为它可能会吸引那些迄今为止推迟升级到5G设备的客户。</blockquote></p><p> Apple has increased the storage of the base iPhone 13 models to 128 GB (gigabytes), which now start&nbsp;at $699 for the mini version and $799 for the 6.1-inch version, removing the 64 GB option altogether. While that's $100 higher than the price of the base models of the iPhone 12, the new prices are almost in line with the industry standard. The average selling price&nbsp;of a 5G smartphone stands at $634 as per IDC's estimate.</p><p><blockquote>苹果将iPhone 13基本型号的存储容量增加到128 GB（千兆字节），迷你版起价为699美元，6.1英寸版起价为799美元，完全取消了64 GB选项。虽然这比iPhone 12基本型号的价格高出100美元，但新价格几乎符合行业标准。根据IDC的估计，5G智能手机的平均售价为634美元。</blockquote></p><p> Throw in upgrades such as more 5G wireless bands for better connectivity and Apple's claims that the iPhone 13 models can last 1.5 to 2.5 hours more than the iPhone 12, and it becomes easy to see why those who haven't jumped on to the 5G bandwagon would take the plunge this time. Additionally, Apple points out that the increased number of 5G bands on the iPhone 13 will help it double&nbsp;its 5G support to more than 200 carriers spread across 60 countries.</p><p><blockquote>再加上升级，如更多的5G无线频段以实现更好的连接，以及苹果声称iPhone 13型号可以比iPhone 12多使用1.5到2.5小时，就很容易理解为什么那些没有加入5G潮流的人会冒险这次。此外，苹果指出，iPhone 13上5G频段数量的增加将有助于其对分布在60个国家的200多家运营商的5G支持翻一番。</blockquote></p><p> All of this indicates that Apple is all set to bring more 5G users into its fold with the iPhone 13 given the improvements it has brought to the table. There may not be any eye-popping changes to this year's device, but it is likely to continue the impressive sales growth triggered by the iPhone 12 because of a huge installed base of users that are in an upgrade window.</p><p><blockquote>所有这些都表明，鉴于iPhone 13带来的改进，苹果已经准备好通过iPhone 13吸引更多的5G用户。今年的设备可能不会有任何令人瞠目结舌的变化，但它很可能会延续iPhone 12引发的令人印象深刻的销售增长，因为巨大的安装用户群正处于升级窗口。</blockquote></p><p> <b>Apple's 5G dominance will get a shot in the arm</b></p><p><blockquote><b>苹果的 5G 主导地位将得到一剂强心针</b></blockquote></p><p> Wedbush Securities analyst Daniel Ives estimates&nbsp;that there are 250 million iPhone users with a device that's at least three years old. Also, we saw earlier that the number of customers without a 5G iPhone is even higher.</p><p><blockquote>Wedbush Securities 分析师 Daniel Ives 估计，有 2.5 亿 iPhone 用户的设备至少使用了三年。此外，我们之前看到，没有5G iPhone的客户数量甚至更高。</blockquote></p><p> As a result, it is not surprising to see why Apple's sales in 2022 are expected to be better, as per&nbsp;<b>Credit Suisse</b>&nbsp;estimates. The investment bank expects Apple to move 237 million units next year as compared to an estimated 234 million in 2021. In 2023, iPhone shipments are expected to jump to 249 million units.</p><p><blockquote>因此，苹果 2022 年的销量预计会更好也就不足为奇了。<b>瑞士信贷</b>估计。该投资银行预计苹果明年将出售 2.37 亿辆汽车，而 2021 年预计为 2.34 亿辆。2023年，iPhone出货量预计将跃升至2.49亿部。</blockquote></p><p> More importantly, Apple's shipment growth in the 5G era can continue beyond the next two years as global 5G mobile subscriptions are expected&nbsp;to hit 3.36 billion in 2026, up from an estimated 569 million this year, as per&nbsp;<b>Ericsson</b>. This massive growth will be driven by 5G network rollouts in more markets in Latin America, the Middle East, Europe, and North America.</p><p><blockquote>更重要的是，苹果在 5G 时代的出货量增长可能会持续到未来两年，因为全球 5G 移动用户预计将在 2026 年达到 33.6 亿，高于今年的估计 5.69 亿。<b>爱立信</b>5G网络在拉丁美洲、中东、欧洲和北美更多市场的推出将推动这一巨大增长。</blockquote></p><p></p><p> So, if Apple continues to hold a strong 5G market share on account of its massive installed base and a&nbsp;budget-friendly device&nbsp;that could appeal to a wider audience in price-conscious markets, it can keep winning big in 5G smartphones in the long run. The iPhone 13 will play an important role in that regard, as it can encourage upgrades and bring more users into the Apple ecosystem because of the improvements it packs. That's a solid reason why investors should continue holding this&nbsp;5G stock, as it now has a new growth driver to count on.</p><p><blockquote>因此，如果苹果凭借其庞大的安装基数和可以在注重价格的市场中吸引更广泛受众的预算友好型设备继续保持强劲的5G市场份额，那么从长远来看，它可以在5G智能手机领域继续大获全胜。iPhone 13将在这方面发挥重要作用，因为它可以鼓励升级，并因为它的改进而将更多用户带入苹果生态系统。这就是投资者应该继续持有这只 5G 股票的充分理由，因为它现在有了新的增长动力可以依靠。</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>Here's Why Apple's iPhone 13 Should Be a Resounding Success<blockquote>这就是为什么苹果的 iPhone 13 应该取得巨大成功</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\">\nHere's Why Apple's iPhone 13 Should Be a Resounding Success<blockquote>这就是为什么苹果的 iPhone 13 应该取得巨大成功</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Motley Fool</strong><span class=\"h-time small\">2021-09-21 10:46</span>\n</p>\n</h4>\n</header>\n<article>\n<p><b>Key Points</b></p><p><blockquote><b>要点</b></blockquote></p><p> <ul>  <li>Apple's iPhone 13 should end up encouraging more of its installed base to switch to 5G.</li>  <li>Incremental upgrades and accessibility to more markets through better carrier support will be tailwinds for the iPhone 13.</li>  <li>The iPhone 13 is the next step in Apple's 5G domination, which can continue for years.</li> </ul> <b>Apple</b>'s&nbsp;(NASDAQ:AAPL)&nbsp;iPhone 13 has arrived, and the initial reactions to the smartphone giant's latest and greatest device don't appear all that optimistic. Apple added the&nbsp;usual suite of upgrades&nbsp;to its latest iPhone models, packing in a better screen, faster processor, superior camera system, and bigger battery, among others. But the absence of any \"pathbreaking\" features has given birth to several memes on the internet, with some expressing disappointment at the lack of any substantial innovation.</p><p><blockquote><ul><li>苹果的iPhone 13最终应该会鼓励更多的安装用户转向5G。</li><li>增量升级和通过更好的运营商支持进入更多市场将是iPhone 13的推动力。</li><li>iPhone 13是苹果5G统治地位的下一步，这种统治可能会持续数年。</li></ul><b>苹果</b>（纳斯达克股票代码：AAPL）的 iPhone 13 已经到来，人们对这家智能手机巨头最新、最棒的设备的最初反应似乎并不那么乐观。苹果为其最新的iPhone机型增加了通常的升级套件，包括更好的屏幕、更快的处理器、卓越的相机系统和更大的电池等。但由于缺乏任何“开创性”功能，互联网上出现了几个迷因，一些人对缺乏任何实质性创新表示失望。</blockquote></p><p> However, I think the iPhone 13 could turn out to be more successful than the iPhone 12, which was&nbsp;a runaway hit&nbsp;last year thanks to aggressive pricing and the addition of 5G.</p><p><blockquote>然而，我认为iPhone 13可能会比iPhone 12更成功，由于激进的定价和5G的加入，iPhone 12去年大受欢迎。</blockquote></p><p> Let's see why that may be the case.</p><p><blockquote>让我们看看为什么会这样。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/a1913a1265f134e83f36cb92109cd4f7\" tg-width=\"2000\" tg-height=\"1325\" width=\"100%\" height=\"auto\"><span>IMAGE SOURCE: GETTY IMAGES.</span></p><p><blockquote><p class=\"t-img-caption\"><span>图片来源：盖蒂图片社。</span></p></blockquote></p><p> <b>The iPhone 13 can continue the iPhone 12's terrific sales momentum</b></p><p><blockquote><b>iPhone 13可以延续iPhone 12的出色销售势头</b></blockquote></p><p> The iPhone 12 helped Apple become&nbsp;a dominant player&nbsp;in the 5G smartphone market. Strategy Analytics estimates that Apple held&nbsp;29% of the 5G smartphone market thanks to the iPhone 12. The new iPhone models are expected to push that market share up to 40% as more consumers are expected to make the switch to Apple's 5G offerings.</p><p><blockquote>iPhone 12帮助苹果成为5G智能手机市场的主导者。Strategy Analytics估计，由于iPhone 12，苹果占据了5G智能手机市场29%的份额。随着越来越多的消费者预计会转向苹果的5G产品，新的iPhone机型预计将把市场份额推高至40%。</blockquote></p><p> That won't be surprising, as out of Apple's huge installed base of nearly 1.1 billion iPhones, less than 1% have a 5G-enabled device, at least according to a third-party research estimate. The iPhone 12 crossed 100 million units in less than seven months of its launch, and the iPhone 13 can carry forward that momentum since it is likely to appeal to those customers who have held off upgrading to a 5G device so far.</p><p><blockquote>这并不奇怪，因为在苹果近 11 亿部 iPhone 的庞大安装基数中，至少根据第三方研究估计，只有不到 1% 的手机拥有支持 5G 的设备。iPhone 12在推出不到7个月的时间里就突破了1亿部，iPhone 13可以延续这一势头，因为它可能会吸引那些迄今为止推迟升级到5G设备的客户。</blockquote></p><p> Apple has increased the storage of the base iPhone 13 models to 128 GB (gigabytes), which now start&nbsp;at $699 for the mini version and $799 for the 6.1-inch version, removing the 64 GB option altogether. While that's $100 higher than the price of the base models of the iPhone 12, the new prices are almost in line with the industry standard. The average selling price&nbsp;of a 5G smartphone stands at $634 as per IDC's estimate.</p><p><blockquote>苹果将iPhone 13基本型号的存储容量增加到128 GB（千兆字节），迷你版起价为699美元，6.1英寸版起价为799美元，完全取消了64 GB选项。虽然这比iPhone 12基本型号的价格高出100美元，但新价格几乎符合行业标准。根据IDC的估计，5G智能手机的平均售价为634美元。</blockquote></p><p> Throw in upgrades such as more 5G wireless bands for better connectivity and Apple's claims that the iPhone 13 models can last 1.5 to 2.5 hours more than the iPhone 12, and it becomes easy to see why those who haven't jumped on to the 5G bandwagon would take the plunge this time. Additionally, Apple points out that the increased number of 5G bands on the iPhone 13 will help it double&nbsp;its 5G support to more than 200 carriers spread across 60 countries.</p><p><blockquote>再加上升级，如更多的5G无线频段以实现更好的连接，以及苹果声称iPhone 13型号可以比iPhone 12多使用1.5到2.5小时，就很容易理解为什么那些没有加入5G潮流的人会冒险这次。此外，苹果指出，iPhone 13上5G频段数量的增加将有助于其对分布在60个国家的200多家运营商的5G支持翻一番。</blockquote></p><p> All of this indicates that Apple is all set to bring more 5G users into its fold with the iPhone 13 given the improvements it has brought to the table. There may not be any eye-popping changes to this year's device, but it is likely to continue the impressive sales growth triggered by the iPhone 12 because of a huge installed base of users that are in an upgrade window.</p><p><blockquote>所有这些都表明，鉴于iPhone 13带来的改进，苹果已经准备好通过iPhone 13吸引更多的5G用户。今年的设备可能不会有任何令人瞠目结舌的变化，但它很可能会延续iPhone 12引发的令人印象深刻的销售增长，因为巨大的安装用户群正处于升级窗口。</blockquote></p><p> <b>Apple's 5G dominance will get a shot in the arm</b></p><p><blockquote><b>苹果的 5G 主导地位将得到一剂强心针</b></blockquote></p><p> Wedbush Securities analyst Daniel Ives estimates&nbsp;that there are 250 million iPhone users with a device that's at least three years old. Also, we saw earlier that the number of customers without a 5G iPhone is even higher.</p><p><blockquote>Wedbush Securities 分析师 Daniel Ives 估计，有 2.5 亿 iPhone 用户的设备至少使用了三年。此外，我们之前看到，没有5G iPhone的客户数量甚至更高。</blockquote></p><p> As a result, it is not surprising to see why Apple's sales in 2022 are expected to be better, as per&nbsp;<b>Credit Suisse</b>&nbsp;estimates. The investment bank expects Apple to move 237 million units next year as compared to an estimated 234 million in 2021. In 2023, iPhone shipments are expected to jump to 249 million units.</p><p><blockquote>因此，苹果 2022 年的销量预计会更好也就不足为奇了。<b>瑞士信贷</b>估计。该投资银行预计苹果明年将出售 2.37 亿辆汽车，而 2021 年预计为 2.34 亿辆。2023年，iPhone出货量预计将跃升至2.49亿部。</blockquote></p><p> More importantly, Apple's shipment growth in the 5G era can continue beyond the next two years as global 5G mobile subscriptions are expected&nbsp;to hit 3.36 billion in 2026, up from an estimated 569 million this year, as per&nbsp;<b>Ericsson</b>. This massive growth will be driven by 5G network rollouts in more markets in Latin America, the Middle East, Europe, and North America.</p><p><blockquote>更重要的是，苹果在 5G 时代的出货量增长可能会持续到未来两年，因为全球 5G 移动用户预计将在 2026 年达到 33.6 亿，高于今年的估计 5.69 亿。<b>爱立信</b>5G网络在拉丁美洲、中东、欧洲和北美更多市场的推出将推动这一巨大增长。</blockquote></p><p></p><p> So, if Apple continues to hold a strong 5G market share on account of its massive installed base and a&nbsp;budget-friendly device&nbsp;that could appeal to a wider audience in price-conscious markets, it can keep winning big in 5G smartphones in the long run. The iPhone 13 will play an important role in that regard, as it can encourage upgrades and bring more users into the Apple ecosystem because of the improvements it packs. That's a solid reason why investors should continue holding this&nbsp;5G stock, as it now has a new growth driver to count on.</p><p><blockquote>因此，如果苹果凭借其庞大的安装基数和可以在注重价格的市场中吸引更广泛受众的预算友好型设备继续保持强劲的5G市场份额，那么从长远来看，它可以在5G智能手机领域继续大获全胜。iPhone 13将在这方面发挥重要作用，因为它可以鼓励升级，并因为它的改进而将更多用户带入苹果生态系统。这就是投资者应该继续持有这只 5G 股票的充分理由，因为它现在有了新的增长动力可以依靠。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.fool.com/investing/2021/09/20/why-apple-iphone-13-should-be-success/\">Motley Fool</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果"},"source_url":"https://www.fool.com/investing/2021/09/20/why-apple-iphone-13-should-be-success/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1117848660","content_text":"Key Points\n\nApple's iPhone 13 should end up encouraging more of its installed base to switch to 5G.\nIncremental upgrades and accessibility to more markets through better carrier support will be tailwinds for the iPhone 13.\nThe iPhone 13 is the next step in Apple's 5G domination, which can continue for years.\n\nApple's (NASDAQ:AAPL) iPhone 13 has arrived, and the initial reactions to the smartphone giant's latest and greatest device don't appear all that optimistic. Apple added the usual suite of upgrades to its latest iPhone models, packing in a better screen, faster processor, superior camera system, and bigger battery, among others. But the absence of any \"pathbreaking\" features has given birth to several memes on the internet, with some expressing disappointment at the lack of any substantial innovation.\nHowever, I think the iPhone 13 could turn out to be more successful than the iPhone 12, which was a runaway hit last year thanks to aggressive pricing and the addition of 5G.\nLet's see why that may be the case.\nIMAGE SOURCE: GETTY IMAGES.\nThe iPhone 13 can continue the iPhone 12's terrific sales momentum\nThe iPhone 12 helped Apple become a dominant player in the 5G smartphone market. Strategy Analytics estimates that Apple held 29% of the 5G smartphone market thanks to the iPhone 12. The new iPhone models are expected to push that market share up to 40% as more consumers are expected to make the switch to Apple's 5G offerings.\nThat won't be surprising, as out of Apple's huge installed base of nearly 1.1 billion iPhones, less than 1% have a 5G-enabled device, at least according to a third-party research estimate. The iPhone 12 crossed 100 million units in less than seven months of its launch, and the iPhone 13 can carry forward that momentum since it is likely to appeal to those customers who have held off upgrading to a 5G device so far.\nApple has increased the storage of the base iPhone 13 models to 128 GB (gigabytes), which now start at $699 for the mini version and $799 for the 6.1-inch version, removing the 64 GB option altogether. While that's $100 higher than the price of the base models of the iPhone 12, the new prices are almost in line with the industry standard. The average selling price of a 5G smartphone stands at $634 as per IDC's estimate.\nThrow in upgrades such as more 5G wireless bands for better connectivity and Apple's claims that the iPhone 13 models can last 1.5 to 2.5 hours more than the iPhone 12, and it becomes easy to see why those who haven't jumped on to the 5G bandwagon would take the plunge this time. Additionally, Apple points out that the increased number of 5G bands on the iPhone 13 will help it double its 5G support to more than 200 carriers spread across 60 countries.\nAll of this indicates that Apple is all set to bring more 5G users into its fold with the iPhone 13 given the improvements it has brought to the table. There may not be any eye-popping changes to this year's device, but it is likely to continue the impressive sales growth triggered by the iPhone 12 because of a huge installed base of users that are in an upgrade window.\nApple's 5G dominance will get a shot in the arm\nWedbush Securities analyst Daniel Ives estimates that there are 250 million iPhone users with a device that's at least three years old. Also, we saw earlier that the number of customers without a 5G iPhone is even higher.\nAs a result, it is not surprising to see why Apple's sales in 2022 are expected to be better, as per Credit Suisse estimates. The investment bank expects Apple to move 237 million units next year as compared to an estimated 234 million in 2021. In 2023, iPhone shipments are expected to jump to 249 million units.\nMore importantly, Apple's shipment growth in the 5G era can continue beyond the next two years as global 5G mobile subscriptions are expected to hit 3.36 billion in 2026, up from an estimated 569 million this year, as per Ericsson. This massive growth will be driven by 5G network rollouts in more markets in Latin America, the Middle East, Europe, and North America.\nSo, if Apple continues to hold a strong 5G market share on account of its massive installed base and a budget-friendly device that could appeal to a wider audience in price-conscious markets, it can keep winning big in 5G smartphones in the long run. The iPhone 13 will play an important role in that regard, as it can encourage upgrades and bring more users into the Apple ecosystem because of the improvements it packs. That's a solid reason why investors should continue holding this 5G stock, as it now has a new growth driver to count on.","news_type":1,"symbols_score_info":{"AAPL":0.9}},"isVote":1,"tweetType":1,"viewCount":723,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":887749466,"gmtCreate":1632102425555,"gmtModify":1632802837441,"author":{"id":"3576907825888639","authorId":"3576907825888639","name":"JerryChiang","avatar":"https://static.tigerbbs.com/537811c4027e5f1664a45ab303892cb1","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576907825888639","authorIdStr":"3576907825888639"},"themes":[],"title":"","htmlText":"I like Nike!","listText":"I like Nike!","text":"I like Nike!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/887749466","repostId":"1194891884","repostType":4,"repost":{"id":"1194891884","kind":"news","pubTimestamp":1632091615,"share":"https://www.laohunote.com/m/news/1194891884?lang=zh_CN&edition=full","pubTime":"2021-09-20 06:46","market":"us","language":"en","title":"Nike, Costco, FedEx, Salesforce, and Other Stocks for Investors to Watch This Week<blockquote>耐克、好市多、联邦快递、Salesforce 和其他投资者本周值得关注的股票</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1194891884","media":"Barrons","summary":"The main event this week will be the Federal Reserve’s September policy meeting. Investors will also","content":"<p>The main event this week will be the Federal Reserve’s September policy meeting. Investors will also be watching for several corporate earnings releases, investor days, and the latest economic data.</p><p><blockquote>本周的重头戏将是美联储 9 月份的政策会议。投资者还将关注多项企业财报发布、投资者日和最新经济数据。</blockquote></p><p> Lennar reports quarterly earnings on Monday, followed by results from Adobe, AutoZone, and FedEx on Tuesday. General Mills goes on Wednesday, then Nike, Accenture, Costco Wholesale, and Darden Restaurants report&nbsp;on Thursday. Investor days this week include&nbsp;Biogen on Tuesday,&nbsp;Weyerhaeuser on Wednesday, and&nbsp;Salesforce.com on Thursday.</p><p><blockquote>Lennar 将于周一公布季度收益，随后 Adobe、AutoZone 和 FedEx 将于周二公布业绩。通用磨坊周三发布报告，耐克、埃森哲、好市多批发和达顿餐厅周四发布报告。本周的投资者日包括周二的百健、周三的惠好和周四的 Salesforce.com。</blockquote></p><p> The Federal Reserve’s monetary policy committee meets on Tuesday and Wednesday this week. The central bank is unlikely&nbsp;to change its target interest rate range, but could give an update on its plans to begin reducing its monthly asset purchases. Wednesday afternoon’s&nbsp;press conference with Fed chair Jerome Powell will be closely&nbsp;watched.</p><p><blockquote>美联储货币政策委员会将于本周二和周三召开会议。央行不太可能改变其目标利率区间，但可能会更新其开始减少每月资产购买的计划。周三下午美联储主席杰罗姆-鲍威尔（Jerome Powell）的新闻发布会将受到密切关注。</blockquote></p><p> Economic data out this week include the Conference Board’s Leading Economic Index for August on Thursday. There will also be several updates on the U.S. housing market including the National Association of Home Builders’ Housing Market Index for September on Monday, the Census Bureau’s new residential construction data for August on Tuesday, and the National Association of Realtors’&nbsp;existing-home sales for August on Wednesday.</p><p><blockquote>本周公布的经济数据包括世界大型企业联合会周四公布的 8 月份领先经济指数。美国房地产市场还将发布多项最新消息，包括周一公布的全国房屋建筑商协会（National Association of Home Builders）9 月份住房市场指数、周二公布的人口普查局（Census Bureau）8 月份新住宅建设数据以及周三公布的全国房地产经纪人协会（National Association of Realtors）8 月份成屋销售数据。</blockquote></p><p> <b>Monday 9/20</b></p><p><blockquote><b>9/20星期一</b></blockquote></p><p> Lennar reports third-quarter fiscal-2021 results.</p><p><blockquote>Lennar 报告 2021 财年第三季度业绩。</blockquote></p><p> Merck presents data on its portfolio of cancer drugs, in conjunction with the European Society for Medical Oncology’s 2021 Congress.</p><p><blockquote>默克公司在欧洲肿瘤医学学会 2021 年大会上展示了其癌症药物组合的数据。</blockquote></p><p> <b>The National Association</b>&nbsp;of Home Builders releases its Housing Market Index for September. Economists forecast a 73 reading, two points below August’s figure, which was the lowest in more than a year.</p><p><blockquote><b>全国协会</b>Home Builders 发布 9 月份房地产市场指数。经济学家预测读数为 73，比 8 月份的数字低 2 个百分点，8 月份是一年多来的最低值。</blockquote></p><p> <b>Tuesday 9/21</b></p><p><blockquote><b>9月21日星期二</b></blockquote></p><p> Adobe, AutoZone, and FedEx release earnings.</p><p><blockquote>Adobe、AutoZone 和联邦快递发布财报。</blockquote></p><p> Biogen hosts an investor day to discuss its pipeline of neuroscience therapeutics.</p><p><blockquote>百健举办投资者日活动，讨论其神经科学疗法管道。</blockquote></p><p> <b>The Census Bureau</b>&nbsp;reports on new residential construction for August. Consensus estimate is for a seasonally adjusted annual rate of 1.55 million housing starts, 1% higher than the July level. Housing starts are down from their post–financial crisis peak of 1.725 million, reached in March of this year.</p><p><blockquote><b>人口普查局</b>8月份新住宅建设报告。普遍估计，经季节性调整后的新屋开工年率为 155 万套，比 7 月份的水平高出 1%。新屋开工率低于今年 3 月达到的金融危机后峰值 172.5 万套。</blockquote></p><p> <b>Wednesday 9/22</b></p><p><blockquote><b>9月22日星期三</b></blockquote></p><p> <b>The FOMC announces</b>&nbsp;its monetary-policy decision. The Federal Reserve is likely to keep the federal-funds rate unchanged at near zero, but might signal that it will pare its asset purchases later this year.</p><p><blockquote><b>联邦公开市场委员会宣布</b>其货币政策决定。美联储可能会将联邦基金利率维持在接近于零的水平不变，但可能会暗示将在今年晚些时候削减资产购买。</blockquote></p><p> General Mills reports first-quarter fiscal-2022 results.</p><p><blockquote>通用磨坊公布 2022 财年第一季度业绩。</blockquote></p><p> Boston Scientific,Weyerhaeuser, and&nbsp;Yum China Holdings&nbsp;host their 2021 investor days.</p><p><blockquote>波士顿科学、惠好和百胜中国控股公司举办 2021 年投资者日。</blockquote></p><p> <b>TheBank of Japan</b>&nbsp;announces its monetary-policy decision. The BOJ is widely expected to keep its key short-term interest rate unchanged at minus 0.1%, as Tokyo and other regions remain in a state of emergency through the end of September due to the Covid-19 Delta variant.</p><p><blockquote><b>日本银行</b>宣布货币政策决定。人们普遍预计日本央行将维持其关键短期利率在负0.1%不变，因为由于新冠肺炎德尔塔变异毒株，东京都和其他地区在9月底前仍处于紧急状态。</blockquote></p><p> <b>The National Association</b>&nbsp;of Realtors reports existing-home sales for August. Expectations are for a seasonally adjusted annual rate of 578,000 homes sold, down 3.5%&nbsp;from July’s 599,000.</p><p><blockquote><b>全国协会</b>房地产经纪人报告8月份的现房销售情况。经季节性调整后，预计全年售出房屋57.8万套，比7月份的59.9万套下降3.5%。</blockquote></p><p> <b>Thursday 9/23</b></p><p><blockquote><b>9月23日星期四</b></blockquote></p><p> Accenture, Costco Wholesale, Darden Restaurants, and Nike hold conference calls to discuss their quarterly results.</p><p><blockquote>埃森哲、好市多批发、达顿餐厅和耐克公司在评级举行会议，讨论他们的季度业绩。</blockquote></p><p> Salesforce.com holds its 2021 investor day. CEO Marc Benioff and Slack CEO Stewart Butterfield will be among the participants. Salesforce completed its $28 billion acquisition of Slack this summer.</p><p><blockquote>Salesforce.com 举办 2021 年投资者日。首席执行官马克·贝尼奥夫和Slack首席执行官斯图尔特·巴特菲尔德将出席。Salesforce 今年夏天完成了对 Slack 的 280 亿美元收购。</blockquote></p><p> <b>The Conference Board</b>&nbsp;releases its Leading Economic Index for August. Economists forecast a 0.5% month-over-month rise, after a 0.9% increase in July. The Conference Board currently projects 6% gross-domestic-product growth for 2021, and 4% for 2022.</p><p><blockquote><b>会议委员会</b>发布8月份领先经济指数。经济学家预测，继 7 月份上涨 0.9% 之后，环比上涨 0.5%。世界大型企业联合会目前预计 2021 年国内生产总值增长 6%，2022 年增长 4%。</blockquote></p><p> <b>Friday 9/24</b></p><p><blockquote><b>9月24日星期五</b></blockquote></p><p> Kansas City Southernhosts a special shareholder meeting to vote on a proposed merger withCanadian Pacific Railway.</p><p><blockquote>堪萨斯城南方公司召开特别股东大会，就与加拿大太平洋铁路公司的合并提案进行投票。</blockquote></p><p></p>","source":"lsy1601382232898","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Nike, Costco, FedEx, Salesforce, and Other Stocks for Investors to Watch This Week<blockquote>耐克、好市多、联邦快递、Salesforce 和其他投资者本周值得关注的股票</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nNike, Costco, FedEx, Salesforce, and Other Stocks for Investors to Watch This Week<blockquote>耐克、好市多、联邦快递、Salesforce 和其他投资者本周值得关注的股票</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Barrons</strong><span class=\"h-time small\">2021-09-20 06:46</span>\n</p>\n</h4>\n</header>\n<article>\n<p>The main event this week will be the Federal Reserve’s September policy meeting. Investors will also be watching for several corporate earnings releases, investor days, and the latest economic data.</p><p><blockquote>本周的重头戏将是美联储 9 月份的政策会议。投资者还将关注多项企业财报发布、投资者日和最新经济数据。</blockquote></p><p> Lennar reports quarterly earnings on Monday, followed by results from Adobe, AutoZone, and FedEx on Tuesday. General Mills goes on Wednesday, then Nike, Accenture, Costco Wholesale, and Darden Restaurants report&nbsp;on Thursday. Investor days this week include&nbsp;Biogen on Tuesday,&nbsp;Weyerhaeuser on Wednesday, and&nbsp;Salesforce.com on Thursday.</p><p><blockquote>Lennar 将于周一公布季度收益，随后 Adobe、AutoZone 和 FedEx 将于周二公布业绩。通用磨坊周三发布报告，耐克、埃森哲、好市多批发和达顿餐厅周四发布报告。本周的投资者日包括周二的百健、周三的惠好和周四的 Salesforce.com。</blockquote></p><p> The Federal Reserve’s monetary policy committee meets on Tuesday and Wednesday this week. The central bank is unlikely&nbsp;to change its target interest rate range, but could give an update on its plans to begin reducing its monthly asset purchases. Wednesday afternoon’s&nbsp;press conference with Fed chair Jerome Powell will be closely&nbsp;watched.</p><p><blockquote>美联储货币政策委员会将于本周二和周三召开会议。央行不太可能改变其目标利率区间，但可能会更新其开始减少每月资产购买的计划。周三下午美联储主席杰罗姆-鲍威尔（Jerome Powell）的新闻发布会将受到密切关注。</blockquote></p><p> Economic data out this week include the Conference Board’s Leading Economic Index for August on Thursday. There will also be several updates on the U.S. housing market including the National Association of Home Builders’ Housing Market Index for September on Monday, the Census Bureau’s new residential construction data for August on Tuesday, and the National Association of Realtors’&nbsp;existing-home sales for August on Wednesday.</p><p><blockquote>本周公布的经济数据包括世界大型企业联合会周四公布的 8 月份领先经济指数。美国房地产市场还将发布多项最新消息，包括周一公布的全国房屋建筑商协会（National Association of Home Builders）9 月份住房市场指数、周二公布的人口普查局（Census Bureau）8 月份新住宅建设数据以及周三公布的全国房地产经纪人协会（National Association of Realtors）8 月份成屋销售数据。</blockquote></p><p> <b>Monday 9/20</b></p><p><blockquote><b>9/20星期一</b></blockquote></p><p> Lennar reports third-quarter fiscal-2021 results.</p><p><blockquote>Lennar 报告 2021 财年第三季度业绩。</blockquote></p><p> Merck presents data on its portfolio of cancer drugs, in conjunction with the European Society for Medical Oncology’s 2021 Congress.</p><p><blockquote>默克公司在欧洲肿瘤医学学会 2021 年大会上展示了其癌症药物组合的数据。</blockquote></p><p> <b>The National Association</b>&nbsp;of Home Builders releases its Housing Market Index for September. Economists forecast a 73 reading, two points below August’s figure, which was the lowest in more than a year.</p><p><blockquote><b>全国协会</b>Home Builders 发布 9 月份房地产市场指数。经济学家预测读数为 73，比 8 月份的数字低 2 个百分点，8 月份是一年多来的最低值。</blockquote></p><p> <b>Tuesday 9/21</b></p><p><blockquote><b>9月21日星期二</b></blockquote></p><p> Adobe, AutoZone, and FedEx release earnings.</p><p><blockquote>Adobe、AutoZone 和联邦快递发布财报。</blockquote></p><p> Biogen hosts an investor day to discuss its pipeline of neuroscience therapeutics.</p><p><blockquote>百健举办投资者日活动，讨论其神经科学疗法管道。</blockquote></p><p> <b>The Census Bureau</b>&nbsp;reports on new residential construction for August. Consensus estimate is for a seasonally adjusted annual rate of 1.55 million housing starts, 1% higher than the July level. Housing starts are down from their post–financial crisis peak of 1.725 million, reached in March of this year.</p><p><blockquote><b>人口普查局</b>8月份新住宅建设报告。普遍估计，经季节性调整后的新屋开工年率为 155 万套，比 7 月份的水平高出 1%。新屋开工率低于今年 3 月达到的金融危机后峰值 172.5 万套。</blockquote></p><p> <b>Wednesday 9/22</b></p><p><blockquote><b>9月22日星期三</b></blockquote></p><p> <b>The FOMC announces</b>&nbsp;its monetary-policy decision. The Federal Reserve is likely to keep the federal-funds rate unchanged at near zero, but might signal that it will pare its asset purchases later this year.</p><p><blockquote><b>联邦公开市场委员会宣布</b>其货币政策决定。美联储可能会将联邦基金利率维持在接近于零的水平不变，但可能会暗示将在今年晚些时候削减资产购买。</blockquote></p><p> General Mills reports first-quarter fiscal-2022 results.</p><p><blockquote>通用磨坊公布 2022 财年第一季度业绩。</blockquote></p><p> Boston Scientific,Weyerhaeuser, and&nbsp;Yum China Holdings&nbsp;host their 2021 investor days.</p><p><blockquote>波士顿科学、惠好和百胜中国控股公司举办 2021 年投资者日。</blockquote></p><p> <b>TheBank of Japan</b>&nbsp;announces its monetary-policy decision. The BOJ is widely expected to keep its key short-term interest rate unchanged at minus 0.1%, as Tokyo and other regions remain in a state of emergency through the end of September due to the Covid-19 Delta variant.</p><p><blockquote><b>日本银行</b>宣布货币政策决定。人们普遍预计日本央行将维持其关键短期利率在负0.1%不变，因为由于新冠肺炎德尔塔变异毒株，东京都和其他地区在9月底前仍处于紧急状态。</blockquote></p><p> <b>The National Association</b>&nbsp;of Realtors reports existing-home sales for August. Expectations are for a seasonally adjusted annual rate of 578,000 homes sold, down 3.5%&nbsp;from July’s 599,000.</p><p><blockquote><b>全国协会</b>房地产经纪人报告8月份的现房销售情况。经季节性调整后，预计全年售出房屋57.8万套，比7月份的59.9万套下降3.5%。</blockquote></p><p> <b>Thursday 9/23</b></p><p><blockquote><b>9月23日星期四</b></blockquote></p><p> Accenture, Costco Wholesale, Darden Restaurants, and Nike hold conference calls to discuss their quarterly results.</p><p><blockquote>埃森哲、好市多批发、达顿餐厅和耐克公司在评级举行会议，讨论他们的季度业绩。</blockquote></p><p> Salesforce.com holds its 2021 investor day. CEO Marc Benioff and Slack CEO Stewart Butterfield will be among the participants. Salesforce completed its $28 billion acquisition of Slack this summer.</p><p><blockquote>Salesforce.com 举办 2021 年投资者日。首席执行官马克·贝尼奥夫和Slack首席执行官斯图尔特·巴特菲尔德将出席。Salesforce 今年夏天完成了对 Slack 的 280 亿美元收购。</blockquote></p><p> <b>The Conference Board</b>&nbsp;releases its Leading Economic Index for August. Economists forecast a 0.5% month-over-month rise, after a 0.9% increase in July. The Conference Board currently projects 6% gross-domestic-product growth for 2021, and 4% for 2022.</p><p><blockquote><b>会议委员会</b>发布8月份领先经济指数。经济学家预测，继 7 月份上涨 0.9% 之后，环比上涨 0.5%。世界大型企业联合会目前预计 2021 年国内生产总值增长 6%，2022 年增长 4%。</blockquote></p><p> <b>Friday 9/24</b></p><p><blockquote><b>9月24日星期五</b></blockquote></p><p> Kansas City Southernhosts a special shareholder meeting to vote on a proposed merger withCanadian Pacific Railway.</p><p><blockquote>堪萨斯城南方公司召开特别股东大会，就与加拿大太平洋铁路公司的合并提案进行投票。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.barrons.com/articles/nike-costco-fedex-salesforce-and-other-stocks-for-investors-to-watch-this-week-51632078208?mod=hp_LEAD_2\">Barrons</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"FDX":"联邦快递",".SPX":"S&P 500 Index","NKE":"耐克",".DJI":"道琼斯","CRM":"赛富时","ADBE":"Adobe","COST":"好市多",".IXIC":"NASDAQ Composite"},"source_url":"https://www.barrons.com/articles/nike-costco-fedex-salesforce-and-other-stocks-for-investors-to-watch-this-week-51632078208?mod=hp_LEAD_2","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1194891884","content_text":"The main event this week will be the Federal Reserve’s September policy meeting. Investors will also be watching for several corporate earnings releases, investor days, and the latest economic data.\nLennar reports quarterly earnings on Monday, followed by results from Adobe, AutoZone, and FedEx on Tuesday. General Mills goes on Wednesday, then Nike, Accenture, Costco Wholesale, and Darden Restaurants report on Thursday. Investor days this week include Biogen on Tuesday, Weyerhaeuser on Wednesday, and Salesforce.com on Thursday.\nThe Federal Reserve’s monetary policy committee meets on Tuesday and Wednesday this week. The central bank is unlikely to change its target interest rate range, but could give an update on its plans to begin reducing its monthly asset purchases. Wednesday afternoon’s press conference with Fed chair Jerome Powell will be closely watched.\nEconomic data out this week include the Conference Board’s Leading Economic Index for August on Thursday. There will also be several updates on the U.S. housing market including the National Association of Home Builders’ Housing Market Index for September on Monday, the Census Bureau’s new residential construction data for August on Tuesday, and the National Association of Realtors’ existing-home sales for August on Wednesday.\nMonday 9/20\nLennar reports third-quarter fiscal-2021 results.\nMerck presents data on its portfolio of cancer drugs, in conjunction with the European Society for Medical Oncology’s 2021 Congress.\nThe National Association of Home Builders releases its Housing Market Index for September. Economists forecast a 73 reading, two points below August’s figure, which was the lowest in more than a year.\nTuesday 9/21\nAdobe, AutoZone, and FedEx release earnings.\nBiogen hosts an investor day to discuss its pipeline of neuroscience therapeutics.\nThe Census Bureau reports on new residential construction for August. Consensus estimate is for a seasonally adjusted annual rate of 1.55 million housing starts, 1% higher than the July level. Housing starts are down from their post–financial crisis peak of 1.725 million, reached in March of this year.\nWednesday 9/22\nThe FOMC announces its monetary-policy decision. The Federal Reserve is likely to keep the federal-funds rate unchanged at near zero, but might signal that it will pare its asset purchases later this year.\nGeneral Mills reports first-quarter fiscal-2022 results.\nBoston Scientific,Weyerhaeuser, and Yum China Holdings host their 2021 investor days.\nTheBank of Japan announces its monetary-policy decision. The BOJ is widely expected to keep its key short-term interest rate unchanged at minus 0.1%, as Tokyo and other regions remain in a state of emergency through the end of September due to the Covid-19 Delta variant.\nThe National Association of Realtors reports existing-home sales for August. Expectations are for a seasonally adjusted annual rate of 578,000 homes sold, down 3.5% from July’s 599,000.\nThursday 9/23\nAccenture, Costco Wholesale, Darden Restaurants, and Nike hold conference calls to discuss their quarterly results.\nSalesforce.com holds its 2021 investor day. CEO Marc Benioff and Slack CEO Stewart Butterfield will be among the participants. Salesforce completed its $28 billion acquisition of Slack this summer.\nThe Conference Board releases its Leading Economic Index for August. Economists forecast a 0.5% month-over-month rise, after a 0.9% increase in July. The Conference Board currently projects 6% gross-domestic-product growth for 2021, and 4% for 2022.\nFriday 9/24\nKansas City Southernhosts a special shareholder meeting to vote on a proposed merger withCanadian Pacific Railway.","news_type":1,"symbols_score_info":{"FDX":0.9,"ADBE":0.9,".DJI":0.9,"CRM":0.9,".IXIC":0.9,"NKE":0.9,".SPX":0.9,"COST":0.9}},"isVote":1,"tweetType":1,"viewCount":931,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":887874471,"gmtCreate":1632022284693,"gmtModify":1632803281441,"author":{"id":"3576907825888639","authorId":"3576907825888639","name":"JerryChiang","avatar":"https://static.tigerbbs.com/537811c4027e5f1664a45ab303892cb1","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576907825888639","authorIdStr":"3576907825888639"},"themes":[],"title":"","htmlText":"Ya, I think so too","listText":"Ya, I think so too","text":"Ya, I think so too","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/887874471","repostId":"2168152508","repostType":4,"isVote":1,"tweetType":1,"viewCount":871,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":884963205,"gmtCreate":1631846963807,"gmtModify":1631888371522,"author":{"id":"3576907825888639","authorId":"3576907825888639","name":"JerryChiang","avatar":"https://static.tigerbbs.com/537811c4027e5f1664a45ab303892cb1","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576907825888639","authorIdStr":"3576907825888639"},"themes":[],"title":"","htmlText":"I doubt so","listText":"I doubt so","text":"I doubt so","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/884963205","repostId":"2167546405","repostType":4,"isVote":1,"tweetType":1,"viewCount":681,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":885363619,"gmtCreate":1631757360931,"gmtModify":1631888371534,"author":{"id":"3576907825888639","authorId":"3576907825888639","name":"JerryChiang","avatar":"https://static.tigerbbs.com/537811c4027e5f1664a45ab303892cb1","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576907825888639","authorIdStr":"3576907825888639"},"themes":[],"title":"","htmlText":"That's a good move!","listText":"That's a good move!","text":"That's a good move!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/885363619","repostId":"2167133585","repostType":4,"isVote":1,"tweetType":1,"viewCount":931,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":882805872,"gmtCreate":1631671129696,"gmtModify":1631884140381,"author":{"id":"3576907825888639","authorId":"3576907825888639","name":"JerryChiang","avatar":"https://static.tigerbbs.com/537811c4027e5f1664a45ab303892cb1","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576907825888639","authorIdStr":"3576907825888639"},"themes":[],"title":"","htmlText":"Wah, congrats to Microsoft holder 👏&nbsp;","listText":"Wah, congrats to Microsoft holder 👏&nbsp;","text":"Wah, congrats to Microsoft holder 👏","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/882805872","repostId":"1164586794","repostType":4,"isVote":1,"tweetType":1,"viewCount":725,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":886205505,"gmtCreate":1631591080807,"gmtModify":1631888371548,"author":{"id":"3576907825888639","authorId":"3576907825888639","name":"JerryChiang","avatar":"https://static.tigerbbs.com/537811c4027e5f1664a45ab303892cb1","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576907825888639","authorIdStr":"3576907825888639"},"themes":[],"title":"","htmlText":"That's good!","listText":"That's good!","text":"That's good!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/886205505","repostId":"1152988818","repostType":4,"isVote":1,"tweetType":1,"viewCount":590,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":886205397,"gmtCreate":1631591040019,"gmtModify":1631888371559,"author":{"id":"3576907825888639","authorId":"3576907825888639","name":"JerryChiang","avatar":"https://static.tigerbbs.com/537811c4027e5f1664a45ab303892cb1","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576907825888639","authorIdStr":"3576907825888639"},"themes":[],"title":"","htmlText":"Inflation will plague the stock market&nbsp;","listText":"Inflation will plague the stock market&nbsp;","text":"Inflation will plague the stock market","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/886205397","repostId":"1178276551","repostType":4,"repost":{"id":"1178276551","kind":"news","pubTimestamp":1631574947,"share":"https://www.laohunote.com/m/news/1178276551?lang=zh_CN&edition=full","pubTime":"2021-09-14 07:15","market":"us","language":"en","title":"S&P 500 snaps losing streak with tax hikes, inflation data on horizon<blockquote>标普500加税结束连败，通胀数据即将公布</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1178276551","media":"Reuters","summary":"NEW YORK (Reuters) - The S&P 500 closed higher on Monday, ending a five-day losing streak as investo","content":"<p>NEW YORK (Reuters) - The S&amp;P 500 closed higher on Monday, ending a five-day losing streak as investors focused on potential corporate tax hikes and upcoming economic data.</p><p><blockquote>纽约（路透社） - 标普500周一收高，结束连续五天下跌，因投资者关注潜在的企业增税和即将公布的经济数据。</blockquote></p><p> The Dow Jones Industrial Average also advanced, but the Nasdaq Composite Index ended lower.</p><p><blockquote>道琼斯工业平均指数也上涨，但纳斯达克综合指数收低。</blockquote></p><p> Investors favored value over growth, with stocks set to benefit most from a resurging economy enjoying the biggest percentage gains.</p><p><blockquote>投资者更青睐价值而非增长，从经济复苏中受益最大的股票将获得最大百分比涨幅。</blockquote></p><p> “There are probably not a lot of positive surprises coming this month,” said Liz Young, head of investment strategy at SoFi in New York. “We’re having another period of volatility where I think that rotation could go back to cyclicals and the reopened trade, as the 10-year bond rate slowly grinds higher through the end of the year.”</p><p><blockquote>“纽约 SoFi 投资策略主管 Liz Young 说：”本月可能不会有太多积极的惊喜。“随着 10 年期债券利率在年底慢慢走高，我认为轮换可能会回到周期性债券和重新开放的交易中。”</blockquote></p><p> Market participants are focused on the likely passage of U.S. President Joe Biden’s $3.5 trillion budget package, which is expected to include a proposed corporate tax rate hike to 26.5% from 21%.</p><p><blockquote>市场参与者关注的焦点是美国总统乔-拜登（Joe Biden）的 3.5 万亿美元预算方案可能获得通过，预计该方案将包括将企业税率从 21% 提高到 26.5%。</blockquote></p><p> Goldman Sachs analysts see the corporate tax rate increasing to 25% and the passage of about half of a proposed increase to tax rates on foreign income, which they estimate would reduce S&amp;P 500 earnings by 5% in 2022.</p><p><blockquote>高盛分析师预计，企业税率将提高到25%，外国所得税率提议中的约一半将获得通过，他们估计这将使标普500在2022年的收益减少5%。</blockquote></p><p> The Labor Department is due to release its consumer price index data on Tuesday, which could shed further light on the current inflation wave and whether it is as transitory as the Fed insists.</p><p><blockquote>美国劳工部将于周二发布消费者价格指数数据，这可能会进一步揭示当前的通胀浪潮，以及它是否像美联储坚称的那样是短暂的。</blockquote></p><p> “I don’t see inflation settling back down under 2% where it was pre-pandemic,” Young added. “Even if some of those transitory forces weaken, we will still stay at a higher rate than we were before.”</p><p><blockquote>“杨补充说：”我认为通胀率不会回到大流行前的 2% 以下。“即使其中一些暂时的力量减弱，我们仍将保持比以前更高的速度”。</blockquote></p><p> Other key indicators due this week include retail sales and consumer sentiment, which could illuminate how much the demand boom driven by economic re-engagement has been dampened by the highly contagious COVID-19 Delta variant.</p><p><blockquote>本周公布的其他关键指标包括零售销售和消费者信心，这可能表明经济重新参与推动的需求繁荣在多大程度上受到了高度传染性的 COVID-19 德尔塔变异毒株的抑制。</blockquote></p><p> The Dow Jones Industrial Average rose 261.91 points, or 0.76%, to 34,869.63, the S&amp;P 500 gained 10.15 points, or 0.23%, at 4,468.73 and the Nasdaq Composite dropped 9.91 points, or 0.07%, to 15,105.58.</p><p><blockquote>道琼斯工业平均指数上涨 261.91 点，或 0.76%，至 34,869.63 点；标普500指数上涨 10.15 点，或 0.23%，至 4,468.73 点；纳斯达克综合指数下跌 9.91 点，或 0.07%，至 15,105.58 点。</blockquote></p><p> Of the 11 major sectors in the S&amp;P 500, healthcare suffered the largest percentage loss, while energy, buoyed by rising crude prices was the biggest gainer.</p><p><blockquote>在标普500的11个主要行业中，医疗保健行业的跌幅最大，而受原油价格上涨提振的能源行业涨幅最大。</blockquote></p><p> Shares of vaccine makers Moderna and Pfizer Inc sank 6.6% and 2.2%, respectively, after experts said COVID booster shots are not widely needed.</p><p><blockquote>在专家表示不广泛需要新冠加强注射后，疫苗制造商 Moderna 和辉瑞公司的股价分别下跌 6.6% 和 2.2%。</blockquote></p><p> Coinbase Global Inc announced plans to raise about $1.5 billion through a debt offering aimed at funding product development and potential acquisitions. The cryptocurrency exchanges shares slid 2.2%.</p><p><blockquote>比特币基地全球公司宣布计划通过债务发行筹集约15亿美元，旨在为产品开发和潜在收购提供资金。加密货币交易所股价下跌 2.2%。</blockquote></p><p> Salesforce.com Inc dipped 1.2% as rival Freshworks Inc’s regulatory filing indicated that the business engagement and customer engagement software company is aiming for a nearly $9 billion valuation in it U.S. debut.</p><p><blockquote>Salesforce.com Inc 下跌 1.2%，原因是竞争对手 Freshworks Inc 提交的监管文件显示，这家商业参与和客户参与软件公司的目标是在美国首次公开募股时获得近 90 亿美元的估值。</blockquote></p><p> Advancing issues outnumbered declining ones on the NYSE by a 1.60-to-1 ratio; on Nasdaq, a 1.02-to-1 ratio favored advancers.</p><p><blockquote>纽约证券交易所上涨发行量超过下跌发行量，比例为 1.60 比 1；在纳斯达克，1.02比1的比率有利于进步人士。</blockquote></p><p> The S&amp;P 500 posted 12 new 52-week highs and one new low; the Nasdaq Composite recorded 53 new highs and 71 new lows.</p><p><blockquote>标普500创下12个52周新高和一个新低；纳斯达克综合指数创下53个新高和71个新低。</blockquote></p><p> Volume on U.S. exchanges was 10.30 billion shares, compared with the 9.29 billion average over the last 20 trading days.</p><p><blockquote>美国交易所的成交量为 103.0 亿股，而过去 20 个交易日的平均成交量为 92.9 亿股。</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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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 snaps losing streak with tax hikes, inflation data on horizon<blockquote>标普500加税结束连败，通胀数据即将公布</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Reuters</strong><span class=\"h-time small\">2021-09-14 07:15</span>\n</p>\n</h4>\n</header>\n<article>\n<p>NEW YORK (Reuters) - The S&amp;P 500 closed higher on Monday, ending a five-day losing streak as investors focused on potential corporate tax hikes and upcoming economic data.</p><p><blockquote>纽约（路透社） - 标普500周一收高，结束连续五天下跌，因投资者关注潜在的企业增税和即将公布的经济数据。</blockquote></p><p> The Dow Jones Industrial Average also advanced, but the Nasdaq Composite Index ended lower.</p><p><blockquote>道琼斯工业平均指数也上涨，但纳斯达克综合指数收低。</blockquote></p><p> Investors favored value over growth, with stocks set to benefit most from a resurging economy enjoying the biggest percentage gains.</p><p><blockquote>投资者更青睐价值而非增长，从经济复苏中受益最大的股票将获得最大百分比涨幅。</blockquote></p><p> “There are probably not a lot of positive surprises coming this month,” said Liz Young, head of investment strategy at SoFi in New York. “We’re having another period of volatility where I think that rotation could go back to cyclicals and the reopened trade, as the 10-year bond rate slowly grinds higher through the end of the year.”</p><p><blockquote>“纽约 SoFi 投资策略主管 Liz Young 说：”本月可能不会有太多积极的惊喜。“随着 10 年期债券利率在年底慢慢走高，我认为轮换可能会回到周期性债券和重新开放的交易中。”</blockquote></p><p> Market participants are focused on the likely passage of U.S. President Joe Biden’s $3.5 trillion budget package, which is expected to include a proposed corporate tax rate hike to 26.5% from 21%.</p><p><blockquote>市场参与者关注的焦点是美国总统乔-拜登（Joe Biden）的 3.5 万亿美元预算方案可能获得通过，预计该方案将包括将企业税率从 21% 提高到 26.5%。</blockquote></p><p> Goldman Sachs analysts see the corporate tax rate increasing to 25% and the passage of about half of a proposed increase to tax rates on foreign income, which they estimate would reduce S&amp;P 500 earnings by 5% in 2022.</p><p><blockquote>高盛分析师预计，企业税率将提高到25%，外国所得税率提议中的约一半将获得通过，他们估计这将使标普500在2022年的收益减少5%。</blockquote></p><p> The Labor Department is due to release its consumer price index data on Tuesday, which could shed further light on the current inflation wave and whether it is as transitory as the Fed insists.</p><p><blockquote>美国劳工部将于周二发布消费者价格指数数据，这可能会进一步揭示当前的通胀浪潮，以及它是否像美联储坚称的那样是短暂的。</blockquote></p><p> “I don’t see inflation settling back down under 2% where it was pre-pandemic,” Young added. “Even if some of those transitory forces weaken, we will still stay at a higher rate than we were before.”</p><p><blockquote>“杨补充说：”我认为通胀率不会回到大流行前的 2% 以下。“即使其中一些暂时的力量减弱，我们仍将保持比以前更高的速度”。</blockquote></p><p> Other key indicators due this week include retail sales and consumer sentiment, which could illuminate how much the demand boom driven by economic re-engagement has been dampened by the highly contagious COVID-19 Delta variant.</p><p><blockquote>本周公布的其他关键指标包括零售销售和消费者信心，这可能表明经济重新参与推动的需求繁荣在多大程度上受到了高度传染性的 COVID-19 德尔塔变异毒株的抑制。</blockquote></p><p> The Dow Jones Industrial Average rose 261.91 points, or 0.76%, to 34,869.63, the S&amp;P 500 gained 10.15 points, or 0.23%, at 4,468.73 and the Nasdaq Composite dropped 9.91 points, or 0.07%, to 15,105.58.</p><p><blockquote>道琼斯工业平均指数上涨 261.91 点，或 0.76%，至 34,869.63 点；标普500指数上涨 10.15 点，或 0.23%，至 4,468.73 点；纳斯达克综合指数下跌 9.91 点，或 0.07%，至 15,105.58 点。</blockquote></p><p> Of the 11 major sectors in the S&amp;P 500, healthcare suffered the largest percentage loss, while energy, buoyed by rising crude prices was the biggest gainer.</p><p><blockquote>在标普500的11个主要行业中，医疗保健行业的跌幅最大，而受原油价格上涨提振的能源行业涨幅最大。</blockquote></p><p> Shares of vaccine makers Moderna and Pfizer Inc sank 6.6% and 2.2%, respectively, after experts said COVID booster shots are not widely needed.</p><p><blockquote>在专家表示不广泛需要新冠加强注射后，疫苗制造商 Moderna 和辉瑞公司的股价分别下跌 6.6% 和 2.2%。</blockquote></p><p> Coinbase Global Inc announced plans to raise about $1.5 billion through a debt offering aimed at funding product development and potential acquisitions. The cryptocurrency exchanges shares slid 2.2%.</p><p><blockquote>比特币基地全球公司宣布计划通过债务发行筹集约15亿美元，旨在为产品开发和潜在收购提供资金。加密货币交易所股价下跌 2.2%。</blockquote></p><p> Salesforce.com Inc dipped 1.2% as rival Freshworks Inc’s regulatory filing indicated that the business engagement and customer engagement software company is aiming for a nearly $9 billion valuation in it U.S. debut.</p><p><blockquote>Salesforce.com Inc 下跌 1.2%，原因是竞争对手 Freshworks Inc 提交的监管文件显示，这家商业参与和客户参与软件公司的目标是在美国首次公开募股时获得近 90 亿美元的估值。</blockquote></p><p> Advancing issues outnumbered declining ones on the NYSE by a 1.60-to-1 ratio; on Nasdaq, a 1.02-to-1 ratio favored advancers.</p><p><blockquote>纽约证券交易所上涨发行量超过下跌发行量，比例为 1.60 比 1；在纳斯达克，1.02比1的比率有利于进步人士。</blockquote></p><p> The S&amp;P 500 posted 12 new 52-week highs and one new low; the Nasdaq Composite recorded 53 new highs and 71 new lows.</p><p><blockquote>标普500创下12个52周新高和一个新低；纳斯达克综合指数创下53个新高和71个新低。</blockquote></p><p> Volume on U.S. exchanges was 10.30 billion shares, compared with the 9.29 billion average over the last 20 trading days.</p><p><blockquote>美国交易所的成交量为 103.0 亿股，而过去 20 个交易日的平均成交量为 92.9 亿股。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.reuters.com/article/usa-stocks/us-stocks-sp-500-snaps-losing-streak-with-tax-hikes-inflation-data-on-horizon-idUSL1N2QF2DB\">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":{".DJI":"道琼斯",".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite"},"source_url":"https://www.reuters.com/article/usa-stocks/us-stocks-sp-500-snaps-losing-streak-with-tax-hikes-inflation-data-on-horizon-idUSL1N2QF2DB","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1178276551","content_text":"NEW YORK (Reuters) - The S&P 500 closed higher on Monday, ending a five-day losing streak as investors focused on potential corporate tax hikes and upcoming economic data.\nThe Dow Jones Industrial Average also advanced, but the Nasdaq Composite Index ended lower.\nInvestors favored value over growth, with stocks set to benefit most from a resurging economy enjoying the biggest percentage gains.\n“There are probably not a lot of positive surprises coming this month,” said Liz Young, head of investment strategy at SoFi in New York. “We’re having another period of volatility where I think that rotation could go back to cyclicals and the reopened trade, as the 10-year bond rate slowly grinds higher through the end of the year.”\nMarket participants are focused on the likely passage of U.S. President Joe Biden’s $3.5 trillion budget package, which is expected to include a proposed corporate tax rate hike to 26.5% from 21%.\nGoldman Sachs analysts see the corporate tax rate increasing to 25% and the passage of about half of a proposed increase to tax rates on foreign income, which they estimate would reduce S&P 500 earnings by 5% in 2022.\nThe Labor Department is due to release its consumer price index data on Tuesday, which could shed further light on the current inflation wave and whether it is as transitory as the Fed insists.\n“I don’t see inflation settling back down under 2% where it was pre-pandemic,” Young added. “Even if some of those transitory forces weaken, we will still stay at a higher rate than we were before.”\nOther key indicators due this week include retail sales and consumer sentiment, which could illuminate how much the demand boom driven by economic re-engagement has been dampened by the highly contagious COVID-19 Delta variant.\nThe Dow Jones Industrial Average rose 261.91 points, or 0.76%, to 34,869.63, the S&P 500 gained 10.15 points, or 0.23%, at 4,468.73 and the Nasdaq Composite dropped 9.91 points, or 0.07%, to 15,105.58.\nOf the 11 major sectors in the S&P 500, healthcare suffered the largest percentage loss, while energy, buoyed by rising crude prices was the biggest gainer.\nShares of vaccine makers Moderna and Pfizer Inc sank 6.6% and 2.2%, respectively, after experts said COVID booster shots are not widely needed.\nCoinbase Global Inc announced plans to raise about $1.5 billion through a debt offering aimed at funding product development and potential acquisitions. The cryptocurrency exchanges shares slid 2.2%.\nSalesforce.com Inc dipped 1.2% as rival Freshworks Inc’s regulatory filing indicated that the business engagement and customer engagement software company is aiming for a nearly $9 billion valuation in it U.S. debut.\nAdvancing issues outnumbered declining ones on the NYSE by a 1.60-to-1 ratio; on Nasdaq, a 1.02-to-1 ratio favored advancers.\nThe S&P 500 posted 12 new 52-week highs and one new low; the Nasdaq Composite recorded 53 new highs and 71 new lows.\nVolume on U.S. exchanges was 10.30 billion shares, compared with the 9.29 billion average over the last 20 trading days.","news_type":1,"symbols_score_info":{".DJI":0.9,".IXIC":0.9,".SPX":0.9}},"isVote":1,"tweetType":1,"viewCount":771,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":888200391,"gmtCreate":1631496801113,"gmtModify":1631888371571,"author":{"id":"3576907825888639","authorId":"3576907825888639","name":"JerryChiang","avatar":"https://static.tigerbbs.com/537811c4027e5f1664a45ab303892cb1","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576907825888639","authorIdStr":"3576907825888639"},"themes":[],"title":"","htmlText":"Epic not giving up yet","listText":"Epic not giving up yet","text":"Epic not giving up yet","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/888200391","repostId":"2167306234","repostType":4,"isVote":1,"tweetType":1,"viewCount":567,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":883676908,"gmtCreate":1631240391004,"gmtModify":1631888371588,"author":{"id":"3576907825888639","authorId":"3576907825888639","name":"JerryChiang","avatar":"https://static.tigerbbs.com/537811c4027e5f1664a45ab303892cb1","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576907825888639","authorIdStr":"3576907825888639"},"themes":[],"title":"","htmlText":"5% of his holding, still okay","listText":"5% of his holding, still okay","text":"5% of his holding, still okay","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/883676908","repostId":"1102245945","repostType":4,"repost":{"id":"1102245945","kind":"news","weMediaInfo":{"introduction":"Stock Market Quotes, Business News, Financial News, Trading Ideas, and Stock Research by Professionals","home_visible":0,"media_name":"Benzinga Earnings","id":"1052270027","head_image":"https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa"},"pubTimestamp":1631239043,"share":"https://www.laohunote.com/m/news/1102245945?lang=zh_CN&edition=full","pubTime":"2021-09-10 09:57","market":"us","language":"en","title":"CFO Of Tesla Sold $2.09 Million In Stock<blockquote>特斯拉首席财务官出售209万美元股票</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1102245945","media":"Benzinga Earnings","summary":"Zachary Kirkhorn, Chief Financial Officer at Tesla(NASDAQ:TSLA), made a large insider sell on Septem","content":"<p><b>Zachary Kirkhorn</b>, Chief Financial Officer at&nbsp;<b>Tesla</b>(NASDAQ:TSLA), made a large insider sell on September 7, according to a new SEC filing.</p><p><blockquote><b>扎卡里·柯克霍恩</b>首席财务官<b>特斯拉</b>根据 SEC 的一份新文件，（纳斯达克股票代码：TSLA）于 9 月 7 日进行了大规模内幕交易。</blockquote></p><p> <b>What Happened:</b>A Form 4 filing from theU.S. Securities and Exchange Commissionon Tuesday showed that Kirkhorn sold 2,780 shares of&nbsp;<b>Tesla</b>&nbsp;at a price of $752.9 per share. The total transaction amounted to $2,092,885.</p><p><blockquote><b>发生了什么：</b>来自美国的 4 号表格文件美国证券交易委员会周二显示，柯克霍恩出售了 2,780 股<b>特斯拉</b>每股价格为 752.9 美元。交易总额为2,092,885美元。</blockquote></p><p> Following the transaction,Kirkhorn&nbsp;still owns 57,412 shares of the company, worth $43,338,022.</p><p><blockquote>交易完成后，Kirkhorn 仍拥有该公司 57,412 股股票，价值 43,338,022 美元。</blockquote></p><p> <b>Tesla</b>&nbsp;shares were up at $754.86 after Thursday's closing.</p><p><blockquote><b>特斯拉</b>周四收盘后，股价上涨至 754.86 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>CFO Of Tesla Sold $2.09 Million In Stock<blockquote>特斯拉首席财务官出售209万美元股票</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCFO Of Tesla Sold $2.09 Million In Stock<blockquote>特斯拉首席财务官出售209万美元股票</blockquote>\n</h2>\n<h4 class=\"meta\">\n<div class=\"head\" \">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Benzinga Earnings </p>\n<p class=\"h-time smaller\">2021-09-10 09:57</p>\n</div>\n</div>\n</h4>\n</header>\n<article>\n<p><b>Zachary Kirkhorn</b>, Chief Financial Officer at&nbsp;<b>Tesla</b>(NASDAQ:TSLA), made a large insider sell on September 7, according to a new SEC filing.</p><p><blockquote><b>扎卡里·柯克霍恩</b>首席财务官<b>特斯拉</b>根据 SEC 的一份新文件，（纳斯达克股票代码：TSLA）于 9 月 7 日进行了大规模内幕交易。</blockquote></p><p> <b>What Happened:</b>A Form 4 filing from theU.S. Securities and Exchange Commissionon Tuesday showed that Kirkhorn sold 2,780 shares of&nbsp;<b>Tesla</b>&nbsp;at a price of $752.9 per share. The total transaction amounted to $2,092,885.</p><p><blockquote><b>发生了什么：</b>来自美国的 4 号表格文件美国证券交易委员会周二显示，柯克霍恩出售了 2,780 股<b>特斯拉</b>每股价格为 752.9 美元。交易总额为2,092,885美元。</blockquote></p><p> Following the transaction,Kirkhorn&nbsp;still owns 57,412 shares of the company, worth $43,338,022.</p><p><blockquote>交易完成后，Kirkhorn 仍拥有该公司 57,412 股股票，价值 43,338,022 美元。</blockquote></p><p> <b>Tesla</b>&nbsp;shares were up at $754.86 after Thursday's closing.</p><p><blockquote><b>特斯拉</b>周四收盘后，股价上涨至 754.86 美元。</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":"1102245945","content_text":"Zachary Kirkhorn, Chief Financial Officer at Tesla(NASDAQ:TSLA), made a large insider sell on September 7, according to a new SEC filing.\nWhat Happened:A Form 4 filing from theU.S. Securities and Exchange Commissionon Tuesday showed that Kirkhorn sold 2,780 shares of Tesla at a price of $752.9 per share. The total transaction amounted to $2,092,885.\nFollowing the transaction,Kirkhorn still owns 57,412 shares of the company, worth $43,338,022.\nTesla shares were up at $754.86 after Thursday's closing.","news_type":1,"symbols_score_info":{"TSLA":0.9}},"isVote":1,"tweetType":1,"viewCount":944,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":804611557,"gmtCreate":1627953565579,"gmtModify":1633754955254,"author":{"id":"3576907825888639","authorId":"3576907825888639","name":"JerryChiang","avatar":"https://static.tigerbbs.com/537811c4027e5f1664a45ab303892cb1","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3576907825888639","idStr":"3576907825888639"},"themes":[],"title":"","htmlText":"Apple to the moon","listText":"Apple to the moon","text":"Apple to the moon","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":9,"commentSize":4,"repostSize":0,"link":"https://laohu8.com/post/804611557","repostId":"1133429741","repostType":4,"repost":{"id":"1133429741","kind":"news","weMediaInfo":{"introduction":"Stock Market Quotes, Business News, Financial News, Trading Ideas, and Stock Research by Professionals","home_visible":0,"media_name":"Benzinga Earnings","id":"1052270027","head_image":"https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa"},"pubTimestamp":1627953054,"share":"https://www.laohunote.com/m/news/1133429741?lang=zh_CN&edition=full","pubTime":"2021-08-03 09:10","market":"us","language":"en","title":"Apple Topples Saudi Aramco To Be The Most Profitable Fortune Global 500 Company In 2020<blockquote>苹果超越沙特阿美成为2020年最赚钱的财富世界500强公司</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1133429741","media":"Benzinga Earnings","summary":"Apple, Inc.'s all-around product momentum has taken it to the top of the charts in terms of profitab","content":"<p><b>Apple, Inc.'s</b>&nbsp;all-around product momentum has taken it to the top of the charts in terms of profitability.</p><p><blockquote><b>苹果公司</b>全面的产品势头使其在盈利能力方面名列前茅。</blockquote></p><p> <b>Cupertino Tops On Profits:</b>Apple, with $67 million in profits for the fiscal year 2020, was the leader in the Fortune Global 500, released today.</p><p><blockquote><b>库比蒂诺利润最高：</b>苹果在今天发布的《财富》全球500强中名列前茅，2020财年利润为6700万美元。</blockquote></p><p> Apple wrested the No. 1 \"Most Profitable\" ranking&nbsp;from Saudi Arabian oil giant&nbsp;<b>Saudi Aramco,</b>which held the top spot for two straight years. The company reported profits of $49.287 billion for the year.<b>SoftBank Group Corp. - ADR</b>&nbsp;took the third position with $47.053 billion in profit.</p><p><blockquote>苹果从沙特阿拉伯石油巨头手中夺得“最赚钱”排名第一<b>沙特阿美公司、</b>连续两年位居榜首。该公司报告全年利润为 492.87 亿美元。<b>软银集团公司 - 美国存托凭证</b>以470.53亿美元的利润位居第三。</blockquote></p><p> <b>Walmart Inc.</b>&nbsp;was the top revenue-generating global company for the eighth consecutive year. Theretail giant&nbsp;clocked revenues of $523.964 billion for the fiscal year 2020. State-owned Chinese electricity utility&nbsp;<b>State Grid</b>&nbsp;followed with $383.906 billion in revenues.</p><p><blockquote><b>沃尔玛公司。</b>连续第八年成为全球收入最高的公司。这家零售巨头2020财年的收入为5239.64亿美元。中国国有电力公司<b>国家电网</b>其次是3839.06亿美元的收入。</blockquote></p><p> <b>Amazon.com, Inc.</b>&nbsp;was in third place by virtue of its $280.522 billion revenues. The fourth and fifth places were taken by integrated oil companies&nbsp;<b>China National Petroleum</b>&nbsp;and&nbsp;<b>Sinopec Shanghai Petrochemical Co</b>.</p><p><blockquote><b>亚马逊公司。</b>凭借 2805.22 亿美元的收入排名第三。第四和第五名被综合石油公司占据<b>中国石油</b>和<b>中石化上海石油化工有限公司</b>.</blockquote></p><p> <b>Apple was placed sixth in terms of revenue, a jump from the 12th position it held previously.</b></p><p><blockquote><b>就收入而言，苹果排名第六，较之前的第 12 位有所上升。</b></blockquote></p><p> The Fortune 500 companies generated revenues of $31.7 trillion, down 5%, and profits of $1.6 trillion, down  20%, the report showed. The companies employ 69.7 million people worldwide.</p><p><blockquote>报告显示，财富500强公司的收入为31.7万亿美元，下降5%，利润为1.6万亿美元，下降20%。这些公司在全球拥有6970万名员工。</blockquote></p><p> Fortune blamed the softness relative to the previous year and&nbsp;the COVID-19 pandemic.</p><p><blockquote>《财富》杂志将此归咎于与上一年相比的疲软和 COVID-19 大流行。</blockquote></p><p> <b>Apple Juggernaut Rolls On:</b>Last week,&nbsp;Apple&nbsp;reported&nbsp;record June quarter results, with both revenues and earnings surpassing expectations.</p><p><blockquote><b>苹果巨头继续前进：</b>上周，苹果公布了创纪录的 6 月份季度业绩，收入和盈利均超出预期。</blockquote></p><p> \"With 5G now in the cards and roughly 40% of its 'golden jewel'&nbsp;iPhone installed base not upgrading their phones in the last 3.5 years, Cook &amp; Co. have the stage set for a renaissance of growth in Cupertino,\" Wedbush analyst Daniel Ives said in a note reviewing the company's quarterly results.</p><p><blockquote>Wedbush 分析师丹尼尔·艾夫斯 (Daniel Ives) 表示：“随着 5G 即将到来，而且大约 40% 的‘金饰’iPhone 安装用户在过去 3.5 年中没有升级手机，库克公司 (Cook &amp; Co.) 已经为库比蒂诺的复兴增长奠定了基础。”在一份回顾公司季度业绩的报告中。</blockquote></p><p> At last check, Apple shares were down 0.23% at $145.52.</p><p><blockquote>最后一次检查时，苹果股价下跌 0.23%，至 145.52 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>Apple Topples Saudi Aramco To Be The Most Profitable Fortune Global 500 Company In 2020<blockquote>苹果超越沙特阿美成为2020年最赚钱的财富世界500强公司</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nApple Topples Saudi Aramco To Be The Most Profitable Fortune Global 500 Company In 2020<blockquote>苹果超越沙特阿美成为2020年最赚钱的财富世界500强公司</blockquote>\n</h2>\n<h4 class=\"meta\">\n<div class=\"head\" \">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Benzinga Earnings </p>\n<p class=\"h-time smaller\">2021-08-03 09:10</p>\n</div>\n</div>\n</h4>\n</header>\n<article>\n<p><b>Apple, Inc.'s</b>&nbsp;all-around product momentum has taken it to the top of the charts in terms of profitability.</p><p><blockquote><b>苹果公司</b>全面的产品势头使其在盈利能力方面名列前茅。</blockquote></p><p> <b>Cupertino Tops On Profits:</b>Apple, with $67 million in profits for the fiscal year 2020, was the leader in the Fortune Global 500, released today.</p><p><blockquote><b>库比蒂诺利润最高：</b>苹果在今天发布的《财富》全球500强中名列前茅，2020财年利润为6700万美元。</blockquote></p><p> Apple wrested the No. 1 \"Most Profitable\" ranking&nbsp;from Saudi Arabian oil giant&nbsp;<b>Saudi Aramco,</b>which held the top spot for two straight years. The company reported profits of $49.287 billion for the year.<b>SoftBank Group Corp. - ADR</b>&nbsp;took the third position with $47.053 billion in profit.</p><p><blockquote>苹果从沙特阿拉伯石油巨头手中夺得“最赚钱”排名第一<b>沙特阿美公司、</b>连续两年位居榜首。该公司报告全年利润为 492.87 亿美元。<b>软银集团公司 - 美国存托凭证</b>以470.53亿美元的利润位居第三。</blockquote></p><p> <b>Walmart Inc.</b>&nbsp;was the top revenue-generating global company for the eighth consecutive year. Theretail giant&nbsp;clocked revenues of $523.964 billion for the fiscal year 2020. State-owned Chinese electricity utility&nbsp;<b>State Grid</b>&nbsp;followed with $383.906 billion in revenues.</p><p><blockquote><b>沃尔玛公司。</b>连续第八年成为全球收入最高的公司。这家零售巨头2020财年的收入为5239.64亿美元。中国国有电力公司<b>国家电网</b>其次是3839.06亿美元的收入。</blockquote></p><p> <b>Amazon.com, Inc.</b>&nbsp;was in third place by virtue of its $280.522 billion revenues. The fourth and fifth places were taken by integrated oil companies&nbsp;<b>China National Petroleum</b>&nbsp;and&nbsp;<b>Sinopec Shanghai Petrochemical Co</b>.</p><p><blockquote><b>亚马逊公司。</b>凭借 2805.22 亿美元的收入排名第三。第四和第五名被综合石油公司占据<b>中国石油</b>和<b>中石化上海石油化工有限公司</b>.</blockquote></p><p> <b>Apple was placed sixth in terms of revenue, a jump from the 12th position it held previously.</b></p><p><blockquote><b>就收入而言，苹果排名第六，较之前的第 12 位有所上升。</b></blockquote></p><p> The Fortune 500 companies generated revenues of $31.7 trillion, down 5%, and profits of $1.6 trillion, down  20%, the report showed. The companies employ 69.7 million people worldwide.</p><p><blockquote>报告显示，财富500强公司的收入为31.7万亿美元，下降5%，利润为1.6万亿美元，下降20%。这些公司在全球拥有6970万名员工。</blockquote></p><p> Fortune blamed the softness relative to the previous year and&nbsp;the COVID-19 pandemic.</p><p><blockquote>《财富》杂志将此归咎于与上一年相比的疲软和 COVID-19 大流行。</blockquote></p><p> <b>Apple Juggernaut Rolls On:</b>Last week,&nbsp;Apple&nbsp;reported&nbsp;record June quarter results, with both revenues and earnings surpassing expectations.</p><p><blockquote><b>苹果巨头继续前进：</b>上周，苹果公布了创纪录的 6 月份季度业绩，收入和盈利均超出预期。</blockquote></p><p> \"With 5G now in the cards and roughly 40% of its 'golden jewel'&nbsp;iPhone installed base not upgrading their phones in the last 3.5 years, Cook &amp; Co. have the stage set for a renaissance of growth in Cupertino,\" Wedbush analyst Daniel Ives said in a note reviewing the company's quarterly results.</p><p><blockquote>Wedbush 分析师丹尼尔·艾夫斯 (Daniel Ives) 表示：“随着 5G 即将到来，而且大约 40% 的‘金饰’iPhone 安装用户在过去 3.5 年中没有升级手机，库克公司 (Cook &amp; Co.) 已经为库比蒂诺的复兴增长奠定了基础。”在一份回顾公司季度业绩的报告中。</blockquote></p><p> At last check, Apple shares were down 0.23% at $145.52.</p><p><blockquote>最后一次检查时，苹果股价下跌 0.23%，至 145.52 美元。</blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AMZN":"亚马逊","AAPL":"苹果","WMT":"沃尔玛","SFTBY":"软银集团"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1133429741","content_text":"Apple, Inc.'s all-around product momentum has taken it to the top of the charts in terms of profitability.\nCupertino Tops On Profits:Apple, with $67 million in profits for the fiscal year 2020, was the leader in the Fortune Global 500, released today.\nApple wrested the No. 1 \"Most Profitable\" ranking from Saudi Arabian oil giant Saudi Aramco,which held the top spot for two straight years. The company reported profits of $49.287 billion for the year.SoftBank Group Corp. - ADR took the third position with $47.053 billion in profit.\nWalmart Inc. was the top revenue-generating global company for the eighth consecutive year. Theretail giant clocked revenues of $523.964 billion for the fiscal year 2020. State-owned Chinese electricity utility State Grid followed with $383.906 billion in revenues.\nAmazon.com, Inc. was in third place by virtue of its $280.522 billion revenues. The fourth and fifth places were taken by integrated oil companies China National Petroleum and Sinopec Shanghai Petrochemical Co.\nApple was placed sixth in terms of revenue, a jump from the 12th position it held previously.\nThe Fortune 500 companies generated revenues of $31.7 trillion, down 5%, and profits of $1.6 trillion, down  20%, the report showed. The companies employ 69.7 million people worldwide.\nFortune blamed the softness relative to the previous year and the COVID-19 pandemic.\nApple Juggernaut Rolls On:Last week, Apple reported record June quarter results, with both revenues and earnings surpassing expectations.\n\"With 5G now in the cards and roughly 40% of its 'golden jewel' iPhone installed base not upgrading their phones in the last 3.5 years, Cook & Co. have the stage set for a renaissance of growth in Cupertino,\" Wedbush analyst Daniel Ives said in a note reviewing the company's quarterly results.\nAt last check, Apple shares were down 0.23% at $145.52.","news_type":1,"symbols_score_info":{"AMZN":0.9,"WMT":0.9,"SFTBY":0.9,"AAPL":0.9}},"isVote":1,"tweetType":1,"viewCount":412,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":107970013,"gmtCreate":1620441645232,"gmtModify":1634198743465,"author":{"id":"3576907825888639","authorId":"3576907825888639","name":"JerryChiang","avatar":"https://static.tigerbbs.com/537811c4027e5f1664a45ab303892cb1","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3576907825888639","idStr":"3576907825888639"},"themes":[],"title":"","htmlText":"Oh no","listText":"Oh no","text":"Oh no","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":4,"repostSize":0,"link":"https://laohu8.com/post/107970013","repostId":"1120904578","repostType":4,"repost":{"id":"1120904578","kind":"news","pubTimestamp":1620429937,"share":"https://www.laohunote.com/m/news/1120904578?lang=zh_CN&edition=full","pubTime":"2021-05-08 07:25","market":"us","language":"en","title":"S&P 500, Dow hit record highs as weak jobs data eases rate worries<blockquote>疲软的就业数据缓解了利率担忧，标普500和道琼斯指数创下历史新高</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1120904578","media":"Reuters","summary":"The Dow and S&P 500 hit record closing highs on Friday while registering gains for the week, and the","content":"<p>The Dow and S&amp;P 500 hit record closing highs on Friday while registering gains for the week, and the <a href=\"https://laohu8.com/S/NDAQ\">Nasdaq</a> recovered after U.S. jobs data eased concerns over prospects for rising rates.</p><p><blockquote>道琼斯指数和标普500指数周五创下收盘新高，本周上涨，<a href=\"https://laohu8.com/S/NDAQ\">纳斯达克</a>美国就业数据缓解了人们对加息前景的担忧后复苏。</blockquote></p><p>U.S. job growth&nbsp;unexpectedly slowed&nbsp;in April, likely restrained by shortages of workers, the Labor Department report showed.</p><p><blockquote>劳工部报告显示，美国4月份就业增长意外放缓，可能受到工人短缺的限制。</blockquote></p><p>The report alleviated some concerns about rising inflation and potentially higher U.S. interest rates, which some investors worry would hurt growth companies with high valuations.</p><p><blockquote>该报告缓解了对通胀上升和美国利率潜在上升的一些担忧，一些投资者担心这将损害高估值的成长型公司。</blockquote></p><p>“Growth names that were taken to the woodshed are getting another chance, because they will be perceived to be less risky in an environment where there is a slower recovery, and that’s really what the jobs data is indicating”, said Tom Martin, senior portfolio manager at Globalt Investments.</p><p><blockquote>“Globalt Investments 高级投资组合经理汤姆-马丁（Tom Martin）说：”那些被淘汰的成长型股票又获得了一次机会，因为在复苏放缓的环境中，它们会被认为风险较小，而就业数据正是表明了这一点。</blockquote></p><p>Heavily-weighted growth stocks such as <a href=\"https://laohu8.com/S/MSFT\">Microsoft</a> Corp MSFT.O and <a href=\"https://laohu8.com/S/AAPL\">Apple</a> Inc AAPL.O rose by 1.1% and 0.5%, respectively, giving the S&amp;P 500 and Nasdaq their biggest boosts.</p><p><blockquote>权重较大的成长股，例如<a href=\"https://laohu8.com/S/MSFT\">微软</a>公司MSFT.O和<a href=\"https://laohu8.com/S/AAPL\">苹果</a>Inc AAPL.O 分别上涨 1.1% 和 0.5%，给标普500和纳斯达克带来最大提振。</blockquote></p><p>But gains were broad-based, with all major S&amp;P 500 sectors ending in the green and energy SPNY and real estate SPLRCR leading the advance. Energy and materials SPLRCM both hit fresh highs.</p><p><blockquote>但涨幅是广泛的，所有主要标普500板块均以绿色和能源 SPNY 收盘，房地产 SPLRCR 领涨。能源和材料SPLRCM均创下新高。</blockquote></p><p>The Dow .DJI rose 229.23 points, or 0.66%, to 34,777.76, the S&amp;P 500 .SPX gained 30.98 points, or 0.74%, to 4,232.6 and the Nasdaq Composite .IXIC added 119.40 points, or 0.88%, to 13,752.24.</p><p><blockquote>道琼斯指数上涨229.23点，或0.66%，至34,777.76点；标普500指数上涨30.98点，或0.74%，至4,232.6点；纳斯达克综合指数上涨119.40点，或0.88%，至13,752.24点。</blockquote></p><p>For the week, the Dow rose 2.7%, its biggest weekly percentage gain since March. The S&amp;P 500 gained 1.2%, its best week since mid-April, while the Nasdaq shed 1.5%.</p><p><blockquote>本周道琼斯指数上涨 2.7%，为 3 月份以来最大单周百分比涨幅。标普500指数上涨 1.2%，为 4 月中旬以来最好的一周，而纳斯达克指数下跌 1.5%。</blockquote></p><p>“The anticipation and confirmation of (Federal Reserve) policy staying the same and continued economic recovery with vaccines rollout have fueled these all-time highs, but we do believe the volatility is going to be tightened in the short term,” said Greg Bassuk, chief executive at Axs Investments.</p><p><blockquote>“Axs Investments 首席执行官格雷格-巴苏克（Greg Bassuk）说：”（美联储）政策保持不变的预期和确认，以及随着疫苗的推出，经济持续复苏，推动了这些历史新高，但我们确实认为，短期内波动性将会加剧。</blockquote></p><p>A raft of upbeat earnings also helped stocks, and S&amp;P 500 earnings are now estimated to have increased 50.4% in the first quarter from a year ago, which would be the highest growth rate since the first quarter of 2010, according to Refinitiv data.</p><p><blockquote>大量乐观的盈利也帮助了股市，根据路孚特的数据，目前预计标普500第一季度盈利将比去年同期增长 50.4%，这将是自 2010 年第一季度以来的最高增长率。</blockquote></p><p>Payments firm <a href=\"https://laohu8.com/S/SQ\">Square</a> Inc SQ.N rose 4.2% after reporting a better-than-expected quarterly profit, as surging demand for bitcoin fueled a jump in cryptocurrency transactions on its application. (Full Story)</p><p><blockquote>支付公司<a href=\"https://laohu8.com/S/SQ\">平方</a>Inc SQ.N 公布好于预期的季度利润后上涨 4.2%，因为对比特币的需求激增推动了其应用程序上加密货币交易的激增。（全文）</blockquote></p><p>Streaming device maker <a href=\"https://laohu8.com/S/ROKU\">Roku Inc</a> ROKU.O jumped 11.5%following an upbeat revenue outlook, while fitness equipment maker Peloton Interactive Inc PTON.O gained as it laid out steps to improve the safety of its equipment. (Full Story) (Full Story)</p><p><blockquote>流媒体设备制造商<a href=\"https://laohu8.com/S/ROKU\">Roku公司</a>ROKU.O 因营收前景乐观而上涨 11.5%，而健身器材制造商 Peloton Interactive Inc PTON.O 则因采取措施提高设备安全性而上涨。（完整故事）（完整故事）</blockquote></p><p><a href=\"https://laohu8.com/S/EXPE\">Expedia</a> Group Inc EXPE.O shares rose 5.2% as analysts raised price targets following the company’s upbeat results.</p><p><blockquote><a href=\"https://laohu8.com/S/EXPE\">Expedia</a>Group Inc EXPE.O 的股价上涨了 5.2%，原因是分析师在该公司业绩乐观后上调了目标价。</blockquote></p><p>Advancing issues outnumbered declining ones on the NYSE by a 3.27-to-1 ratio; on Nasdaq, a 2.12-to-1 ratio favored advancers.</p><p><blockquote>纽约证券交易所上涨发行量超过下跌发行量，比例为 3.27 比 1；在纳斯达克，2.12比1的比率有利于进步人士。</blockquote></p><p>The S&amp;P 500 posted 164 new 52-week highs and <a href=\"https://laohu8.com/S/AONE\">one</a> new low; the Nasdaq Composite recorded 164 new highs and 64 new lows.</p><p><blockquote>标普500创下 164 个 52 周新高，<a href=\"https://laohu8.com/S/AONE\">一</a>新低；纳斯达克综合指数创下164个新高和64个新低。</blockquote></p><p>Volume on U.S. exchanges was 10.23 billion shares, compared with the 10.11 billion average for the full session over the last 20 trading days.</p><p><blockquote>美国交易所的成交量为 102.3 亿股，而过去 20 个交易日整个交易日的平均成交量为 101.1 亿股。</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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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, Dow hit record highs as weak jobs data eases rate worries<blockquote>疲软的就业数据缓解了利率担忧，标普500和道琼斯指数创下历史新高</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Reuters</strong><span class=\"h-time small\">2021-05-08 07:25</span>\n</p>\n</h4>\n</header>\n<article>\n<p>The Dow and S&amp;P 500 hit record closing highs on Friday while registering gains for the week, and the <a href=\"https://laohu8.com/S/NDAQ\">Nasdaq</a> recovered after U.S. jobs data eased concerns over prospects for rising rates.</p><p><blockquote>道琼斯指数和标普500指数周五创下收盘新高，本周上涨，<a href=\"https://laohu8.com/S/NDAQ\">纳斯达克</a>美国就业数据缓解了人们对加息前景的担忧后复苏。</blockquote></p><p>U.S. job growth&nbsp;unexpectedly slowed&nbsp;in April, likely restrained by shortages of workers, the Labor Department report showed.</p><p><blockquote>劳工部报告显示，美国4月份就业增长意外放缓，可能受到工人短缺的限制。</blockquote></p><p>The report alleviated some concerns about rising inflation and potentially higher U.S. interest rates, which some investors worry would hurt growth companies with high valuations.</p><p><blockquote>该报告缓解了对通胀上升和美国利率潜在上升的一些担忧，一些投资者担心这将损害高估值的成长型公司。</blockquote></p><p>“Growth names that were taken to the woodshed are getting another chance, because they will be perceived to be less risky in an environment where there is a slower recovery, and that’s really what the jobs data is indicating”, said Tom Martin, senior portfolio manager at Globalt Investments.</p><p><blockquote>“Globalt Investments 高级投资组合经理汤姆-马丁（Tom Martin）说：”那些被淘汰的成长型股票又获得了一次机会，因为在复苏放缓的环境中，它们会被认为风险较小，而就业数据正是表明了这一点。</blockquote></p><p>Heavily-weighted growth stocks such as <a href=\"https://laohu8.com/S/MSFT\">Microsoft</a> Corp MSFT.O and <a href=\"https://laohu8.com/S/AAPL\">Apple</a> Inc AAPL.O rose by 1.1% and 0.5%, respectively, giving the S&amp;P 500 and Nasdaq their biggest boosts.</p><p><blockquote>权重较大的成长股，例如<a href=\"https://laohu8.com/S/MSFT\">微软</a>公司MSFT.O和<a href=\"https://laohu8.com/S/AAPL\">苹果</a>Inc AAPL.O 分别上涨 1.1% 和 0.5%，给标普500和纳斯达克带来最大提振。</blockquote></p><p>But gains were broad-based, with all major S&amp;P 500 sectors ending in the green and energy SPNY and real estate SPLRCR leading the advance. Energy and materials SPLRCM both hit fresh highs.</p><p><blockquote>但涨幅是广泛的，所有主要标普500板块均以绿色和能源 SPNY 收盘，房地产 SPLRCR 领涨。能源和材料SPLRCM均创下新高。</blockquote></p><p>The Dow .DJI rose 229.23 points, or 0.66%, to 34,777.76, the S&amp;P 500 .SPX gained 30.98 points, or 0.74%, to 4,232.6 and the Nasdaq Composite .IXIC added 119.40 points, or 0.88%, to 13,752.24.</p><p><blockquote>道琼斯指数上涨229.23点，或0.66%，至34,777.76点；标普500指数上涨30.98点，或0.74%，至4,232.6点；纳斯达克综合指数上涨119.40点，或0.88%，至13,752.24点。</blockquote></p><p>For the week, the Dow rose 2.7%, its biggest weekly percentage gain since March. The S&amp;P 500 gained 1.2%, its best week since mid-April, while the Nasdaq shed 1.5%.</p><p><blockquote>本周道琼斯指数上涨 2.7%，为 3 月份以来最大单周百分比涨幅。标普500指数上涨 1.2%，为 4 月中旬以来最好的一周，而纳斯达克指数下跌 1.5%。</blockquote></p><p>“The anticipation and confirmation of (Federal Reserve) policy staying the same and continued economic recovery with vaccines rollout have fueled these all-time highs, but we do believe the volatility is going to be tightened in the short term,” said Greg Bassuk, chief executive at Axs Investments.</p><p><blockquote>“Axs Investments 首席执行官格雷格-巴苏克（Greg Bassuk）说：”（美联储）政策保持不变的预期和确认，以及随着疫苗的推出，经济持续复苏，推动了这些历史新高，但我们确实认为，短期内波动性将会加剧。</blockquote></p><p>A raft of upbeat earnings also helped stocks, and S&amp;P 500 earnings are now estimated to have increased 50.4% in the first quarter from a year ago, which would be the highest growth rate since the first quarter of 2010, according to Refinitiv data.</p><p><blockquote>大量乐观的盈利也帮助了股市，根据路孚特的数据，目前预计标普500第一季度盈利将比去年同期增长 50.4%，这将是自 2010 年第一季度以来的最高增长率。</blockquote></p><p>Payments firm <a href=\"https://laohu8.com/S/SQ\">Square</a> Inc SQ.N rose 4.2% after reporting a better-than-expected quarterly profit, as surging demand for bitcoin fueled a jump in cryptocurrency transactions on its application. (Full Story)</p><p><blockquote>支付公司<a href=\"https://laohu8.com/S/SQ\">平方</a>Inc SQ.N 公布好于预期的季度利润后上涨 4.2%，因为对比特币的需求激增推动了其应用程序上加密货币交易的激增。（全文）</blockquote></p><p>Streaming device maker <a href=\"https://laohu8.com/S/ROKU\">Roku Inc</a> ROKU.O jumped 11.5%following an upbeat revenue outlook, while fitness equipment maker Peloton Interactive Inc PTON.O gained as it laid out steps to improve the safety of its equipment. (Full Story) (Full Story)</p><p><blockquote>流媒体设备制造商<a href=\"https://laohu8.com/S/ROKU\">Roku公司</a>ROKU.O 因营收前景乐观而上涨 11.5%，而健身器材制造商 Peloton Interactive Inc PTON.O 则因采取措施提高设备安全性而上涨。（完整故事）（完整故事）</blockquote></p><p><a href=\"https://laohu8.com/S/EXPE\">Expedia</a> Group Inc EXPE.O shares rose 5.2% as analysts raised price targets following the company’s upbeat results.</p><p><blockquote><a href=\"https://laohu8.com/S/EXPE\">Expedia</a>Group Inc EXPE.O 的股价上涨了 5.2%，原因是分析师在该公司业绩乐观后上调了目标价。</blockquote></p><p>Advancing issues outnumbered declining ones on the NYSE by a 3.27-to-1 ratio; on Nasdaq, a 2.12-to-1 ratio favored advancers.</p><p><blockquote>纽约证券交易所上涨发行量超过下跌发行量，比例为 3.27 比 1；在纳斯达克，2.12比1的比率有利于进步人士。</blockquote></p><p>The S&amp;P 500 posted 164 new 52-week highs and <a href=\"https://laohu8.com/S/AONE\">one</a> new low; the Nasdaq Composite recorded 164 new highs and 64 new lows.</p><p><blockquote>标普500创下 164 个 52 周新高，<a href=\"https://laohu8.com/S/AONE\">一</a>新低；纳斯达克综合指数创下164个新高和64个新低。</blockquote></p><p>Volume on U.S. exchanges was 10.23 billion shares, compared with the 10.11 billion average for the full session over the last 20 trading days.</p><p><blockquote>美国交易所的成交量为 102.3 亿股，而过去 20 个交易日整个交易日的平均成交量为 101.1 亿股。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.reuters.com/business/sp-500-dow-hit-record-highs-weak-jobs-data-eases-rate-worries-2021-05-07/\">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":{"161125":"标普500","513500":"标普500ETF博时",".SPX":"S&P 500 Index","ROKU":"Roku Inc","OEX":"标普100","SDS":"两倍做空标普500 ETF-ProShares",".DJI":"道琼斯","OEF":"标普100指数ETF-iShares","SH":"做空标普500-Proshares","UPRO":"三倍做多标普500ETF-ProShares","MSFT":"微软","IVV":"标普500ETF-iShares","SPY":"标普500ETF",".IXIC":"NASDAQ Composite","AAPL":"苹果","EXPE":"Expedia","SPXU":"三倍做空标普500ETF-ProShares","SSO":"2倍做多标普500ETF-ProShares"},"source_url":"https://www.reuters.com/business/sp-500-dow-hit-record-highs-weak-jobs-data-eases-rate-worries-2021-05-07/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1120904578","content_text":"The Dow and S&P 500 hit record closing highs on Friday while registering gains for the week, and the Nasdaq recovered after U.S. jobs data eased concerns over prospects for rising rates.U.S. job growth unexpectedly slowed in April, likely restrained by shortages of workers, the Labor Department report showed.The report alleviated some concerns about rising inflation and potentially higher U.S. interest rates, which some investors worry would hurt growth companies with high valuations.“Growth names that were taken to the woodshed are getting another chance, because they will be perceived to be less risky in an environment where there is a slower recovery, and that’s really what the jobs data is indicating”, said Tom Martin, senior portfolio manager at Globalt Investments.Heavily-weighted growth stocks such as Microsoft Corp MSFT.O and Apple Inc AAPL.O rose by 1.1% and 0.5%, respectively, giving the S&P 500 and Nasdaq their biggest boosts.But gains were broad-based, with all major S&P 500 sectors ending in the green and energy SPNY and real estate SPLRCR leading the advance. Energy and materials SPLRCM both hit fresh highs.The Dow .DJI rose 229.23 points, or 0.66%, to 34,777.76, the S&P 500 .SPX gained 30.98 points, or 0.74%, to 4,232.6 and the Nasdaq Composite .IXIC added 119.40 points, or 0.88%, to 13,752.24.For the week, the Dow rose 2.7%, its biggest weekly percentage gain since March. The S&P 500 gained 1.2%, its best week since mid-April, while the Nasdaq shed 1.5%.“The anticipation and confirmation of (Federal Reserve) policy staying the same and continued economic recovery with vaccines rollout have fueled these all-time highs, but we do believe the volatility is going to be tightened in the short term,” said Greg Bassuk, chief executive at Axs Investments.A raft of upbeat earnings also helped stocks, and S&P 500 earnings are now estimated to have increased 50.4% in the first quarter from a year ago, which would be the highest growth rate since the first quarter of 2010, according to Refinitiv data.Payments firm Square Inc SQ.N rose 4.2% after reporting a better-than-expected quarterly profit, as surging demand for bitcoin fueled a jump in cryptocurrency transactions on its application. (Full Story)Streaming device maker Roku Inc ROKU.O jumped 11.5%following an upbeat revenue outlook, while fitness equipment maker Peloton Interactive Inc PTON.O gained as it laid out steps to improve the safety of its equipment. (Full Story) (Full Story)Expedia Group Inc EXPE.O shares rose 5.2% as analysts raised price targets following the company’s upbeat results.Advancing issues outnumbered declining ones on the NYSE by a 3.27-to-1 ratio; on Nasdaq, a 2.12-to-1 ratio favored advancers.The S&P 500 posted 164 new 52-week highs and one new low; the Nasdaq Composite recorded 164 new highs and 64 new lows.Volume on U.S. exchanges was 10.23 billion shares, compared with the 10.11 billion average for the full session over the last 20 trading days.","news_type":1,"symbols_score_info":{"161125":0.9,"513500":0.9,".IXIC":0.9,"ESmain":0.9,".SPX":0.9,"IVV":0.9,"OEF":0.9,"SPY":0.9,"SH":0.9,"ROKU":0.9,"AAPL":0.9,"SDS":0.9,"OEX":0.9,"UPRO":0.9,"MSFT":0.9,"SSO":0.9,"EXPE":0.9,"SQ":0.9,".DJI":0.9,"SPXU":0.9}},"isVote":1,"tweetType":1,"viewCount":658,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":895866934,"gmtCreate":1628733922428,"gmtModify":1631893424872,"author":{"id":"3576907825888639","authorId":"3576907825888639","name":"JerryChiang","avatar":"https://static.tigerbbs.com/537811c4027e5f1664a45ab303892cb1","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3576907825888639","idStr":"3576907825888639"},"themes":[],"title":"","htmlText":"Wow, what happened to all the stable coins...not so stable after all&nbsp;","listText":"Wow, what happened to all the stable coins...not so stable after all&nbsp;","text":"Wow, what happened to all the stable coins...not so stable after all","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/895866934","repostId":"1139316023","repostType":4,"repost":{"id":"1139316023","kind":"news","weMediaInfo":{"introduction":"Stock Market Quotes, Business News, Financial News, Trading Ideas, and Stock Research by Professionals","home_visible":0,"media_name":"Benzinga Earnings","id":"1052270027","head_image":"https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa"},"pubTimestamp":1628733063,"share":"https://www.laohunote.com/m/news/1139316023?lang=zh_CN&edition=full","pubTime":"2021-08-12 09:51","market":"us","language":"en","title":"Coinbase Admits Its USDC Stablecoin Not Fully Backed By Dollar<blockquote>Coinbase 承认其 USDC 稳定币并未完全得到美元支持</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1139316023","media":"Benzinga Earnings","summary":"US-based cryptocurrency exchange Coinbase Global, Inc. admitted that USD Coin (CRYPTO: USDC) — a sta","content":"<p>US-based&nbsp;cryptocurrency exchange&nbsp;<b><a href=\"https://laohu8.com/S/COIN\">Coinbase Global, Inc.</a> </b>admitted that&nbsp;<b>USD Coin</b>&nbsp;(CRYPTO: USDC) — a stablecoin that it launched in collaboration with fintech firm Circle — is not fully backed by the United States dollar.</p><p><blockquote>美国加密货币交易所<b><a href=\"https://laohu8.com/S/COIN\">比特币基地全球公司。</a></b>承认<b>美元硬币</b>（加密货币：USDC）——它与金融科技公司Circle合作推出的一种稳定币——并没有得到美元的完全支持。</blockquote></p><p> <b>What Happened:</b>&nbsp;Following Circle's&nbsp;disclosure&nbsp;of USD Coin's assets last month, Coinbase walked back on its previous claims about&nbsp;the backing of the coin, admitting that it is not fully backed by United States dollars and editing its website.</p><p><blockquote><b>发生了什么：</b>继 Circle 上个月披露 USD Coin 的资产后，Coinbase 收回了之前关于该硬币背书的说法，承认它没有得到美元的完全支持，并编辑了其网站。</blockquote></p><p> According to Bloomberg, the Coinbase website's&nbsp;page&nbsp;dedicated to USDC changed its description from \"backed by one US dollar,\" \"held in a bank account,\" to \"backed by one dollar or asset with equivalent fair value.\"</p><p><blockquote>据彭博社报道，Coinbase 网站专门介绍 USDC 的页面将其描述从“由一美元支持”、“存入银行账户”改为“由一美元或具有同等公允价值的资产支持”。</blockquote></p><p> Circle's report shows that about 61% of its tokens are backed by “cash and cash equivalents,” meaning cash and money market funds.</p><p><blockquote>Circle 的报告显示，其约 61% 的代币由 “现金和现金等价物 ”支持，即现金和货币市场基金。</blockquote></p><p> Another 13% is backed by Yankee Certificates of Deposit issued by non-U.S. banks, U.S. Treasuries account for 12%, commercial paper accounts for 9%, while the rest is backed by municipal and corporate bonds.</p><p><blockquote>另外13%由非美国银行发行的美国佬存单支持，美国国债占12%，商业票据占9%，其余由市政和公司债券支持。</blockquote></p><p> <b>Why It's Important:</b>&nbsp;Those assets could experience losses and are less liquid than cash, which could cause trouble if customers ever tried to redeem the stablecoin en masse.</p><p><blockquote><b>为什么重要：</b>这些资产可能会遭受损失，并且流动性低于现金，如果客户试图集体赎回稳定币，这可能会造成麻烦。</blockquote></p><p> Columbia Law School lecturer Lev Menand pointed out that \"you can’t market a product with falsities\" and claimed that failure to disclose this data constitutes a consumer protection violation.</p><p><blockquote>哥伦比亚大学法学院讲师列夫-梅南德（Lev Menand）指出，“你不能销售带有虚假信息的产品”，并声称不披露这些数据构成违反消费者保护规定。</blockquote></p><p> He highlighted that \"there’s a material difference and a huge amount of evidence that something backed by dollars held in a bank account is different than something backed by things like U.S. Treasuries or corporate paper.”</p><p><blockquote>他强调，“银行账户中持有的美元支持的东西与美国国债或公司票据等支持的东西是不同的，这是一个实质性的区别，也是大量的证据”。</blockquote></p><p> He has gone as far as to suggest that this could be something that the Federal Trade Commission could investigate&nbsp;since it is tasked with taking action against “unfair or deceptive acts or practices.”</p><p><blockquote>他甚至表示，这可能是联邦贸易委员会可以调查的事情，因为该委员会的任务是对 “不公平或欺骗性的行为或做法 ”采取行动。</blockquote></p><p> The Centre Consortium — which manages USD Coin's reserves — publishes reserve audit reports. The March 2020 report&nbsp;stated that the coin’s reserves were held at federally insured U.S. depository institutions.&nbsp;But, in April 2020, it was changed to clarify that the&nbsp;reserves could also be held in “approved investments\" with no further detail.</p><p><blockquote>管理美元硬币储备的中心财团发布储备审计报告。2020 年 3 月的报告称，该硬币的储备存放在有联邦保险的美国存管机构。但在 2020 年 4 月，报告进行了修改，澄清储备也可以存放在 “批准的投资 ”中，但没有进一步的细节。</blockquote></p><p> <b>What Else:</b>&nbsp;Circle intends to&nbsp;go public later this year&nbsp;in a merger with a special purpose acquisition company at a $4.5 billion&nbsp;valuation.</p><p><blockquote><b>还有什么：</b>Circle 打算在今年晚些时候与一家特殊目的收购公司合并，以 45 亿美元的估值上市。</blockquote></p><p> The payment company was purportedly investing in&nbsp;building its profits ahead of this operation&nbsp;and described investing its reserves as one of the “fundamentals of our financial model\" during an investor presentation.</p><p><blockquote>据称，这家支付公司在此次运营之前正在投资积累利润，并在向投资者介绍时称，投资其储备是“我们财务模式的基本要素”之一。</blockquote></p><p> USD Coin's reserve closely resembles money-market mutual funds, but Circle does not pay a yield to investors, which is more than enough to make it worthwhile even when considering that it does not charge a management fee either.</p><p><blockquote>USD Coin 的储备与货币市场共同基金非常相似，但 Circle 不向投资者支付收益率，即使考虑到它也不收取管理费，这也足以使其物有所值。</blockquote></p><p> Last week's Circle's&nbsp;filing&nbsp;with the Securities and Exchange Commission reveals that the company earned about $3.2 million in the first quarter on the interest income from USD Coin’s reserves —&nbsp;worth about $11 billion at the end of March.</p><p><blockquote>Circle 上周向美国证券交易委员会提交的文件显示，该公司第一季度从 USD Coin 储备的利息收入中赚取了约 320 万美元，截至 3 月底，这些储备的利息收入约为 110 亿美元。</blockquote></p><p> The document also revealed that a percentage of the&nbsp;earnings was shared with Coinbase — as set by their contractual agreements — and that it earned about $14.1 million through its other activities.</p><p><blockquote>该文件还透露，根据合同协议的规定，一定比例的收益与比特币基地分享，并且比特币基地通过其他活动赚取了约 1410 万美元。</blockquote></p><p> <b>Price Action:</b>&nbsp;Despite this controversy, USD Coin's value did not unpeg from the United States dollar by press time, standing at $0.99.</p><p><blockquote><b>价格行为：</b>尽管存在争议，但截至发稿时，美元硬币的价值并未脱离美元，为0.99美元。</blockquote></p><p> Coinbase stock closed at $278&nbsp;and was trading 1.19% lower, at $275&nbsp;after-hours.</p><p><blockquote>Coinbase 股价收于 278 美元，盘后下跌 1.19%，至 275 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>Coinbase Admits Its USDC Stablecoin Not Fully Backed By Dollar<blockquote>Coinbase 承认其 USDC 稳定币并未完全得到美元支持</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; 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color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCoinbase Admits Its USDC Stablecoin Not Fully Backed By Dollar<blockquote>Coinbase 承认其 USDC 稳定币并未完全得到美元支持</blockquote>\n</h2>\n<h4 class=\"meta\">\n<div class=\"head\" \">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Benzinga Earnings </p>\n<p class=\"h-time smaller\">2021-08-12 09:51</p>\n</div>\n</div>\n</h4>\n</header>\n<article>\n<p>US-based&nbsp;cryptocurrency exchange&nbsp;<b><a href=\"https://laohu8.com/S/COIN\">Coinbase Global, Inc.</a> </b>admitted that&nbsp;<b>USD Coin</b>&nbsp;(CRYPTO: USDC) — a stablecoin that it launched in collaboration with fintech firm Circle — is not fully backed by the United States dollar.</p><p><blockquote>美国加密货币交易所<b><a href=\"https://laohu8.com/S/COIN\">比特币基地全球公司。</a></b>承认<b>美元硬币</b>（加密货币：USDC）——它与金融科技公司Circle合作推出的一种稳定币——并没有得到美元的完全支持。</blockquote></p><p> <b>What Happened:</b>&nbsp;Following Circle's&nbsp;disclosure&nbsp;of USD Coin's assets last month, Coinbase walked back on its previous claims about&nbsp;the backing of the coin, admitting that it is not fully backed by United States dollars and editing its website.</p><p><blockquote><b>发生了什么：</b>继 Circle 上个月披露 USD Coin 的资产后，Coinbase 收回了之前关于该硬币背书的说法，承认它没有得到美元的完全支持，并编辑了其网站。</blockquote></p><p> According to Bloomberg, the Coinbase website's&nbsp;page&nbsp;dedicated to USDC changed its description from \"backed by one US dollar,\" \"held in a bank account,\" to \"backed by one dollar or asset with equivalent fair value.\"</p><p><blockquote>据彭博社报道，Coinbase 网站专门介绍 USDC 的页面将其描述从“由一美元支持”、“存入银行账户”改为“由一美元或具有同等公允价值的资产支持”。</blockquote></p><p> Circle's report shows that about 61% of its tokens are backed by “cash and cash equivalents,” meaning cash and money market funds.</p><p><blockquote>Circle 的报告显示，其约 61% 的代币由 “现金和现金等价物 ”支持，即现金和货币市场基金。</blockquote></p><p> Another 13% is backed by Yankee Certificates of Deposit issued by non-U.S. banks, U.S. Treasuries account for 12%, commercial paper accounts for 9%, while the rest is backed by municipal and corporate bonds.</p><p><blockquote>另外13%由非美国银行发行的美国佬存单支持，美国国债占12%，商业票据占9%，其余由市政和公司债券支持。</blockquote></p><p> <b>Why It's Important:</b>&nbsp;Those assets could experience losses and are less liquid than cash, which could cause trouble if customers ever tried to redeem the stablecoin en masse.</p><p><blockquote><b>为什么重要：</b>这些资产可能会遭受损失，并且流动性低于现金，如果客户试图集体赎回稳定币，这可能会造成麻烦。</blockquote></p><p> Columbia Law School lecturer Lev Menand pointed out that \"you can’t market a product with falsities\" and claimed that failure to disclose this data constitutes a consumer protection violation.</p><p><blockquote>哥伦比亚大学法学院讲师列夫-梅南德（Lev Menand）指出，“你不能销售带有虚假信息的产品”，并声称不披露这些数据构成违反消费者保护规定。</blockquote></p><p> He highlighted that \"there’s a material difference and a huge amount of evidence that something backed by dollars held in a bank account is different than something backed by things like U.S. Treasuries or corporate paper.”</p><p><blockquote>他强调，“银行账户中持有的美元支持的东西与美国国债或公司票据等支持的东西是不同的，这是一个实质性的区别，也是大量的证据”。</blockquote></p><p> He has gone as far as to suggest that this could be something that the Federal Trade Commission could investigate&nbsp;since it is tasked with taking action against “unfair or deceptive acts or practices.”</p><p><blockquote>他甚至表示，这可能是联邦贸易委员会可以调查的事情，因为该委员会的任务是对 “不公平或欺骗性的行为或做法 ”采取行动。</blockquote></p><p> The Centre Consortium — which manages USD Coin's reserves — publishes reserve audit reports. The March 2020 report&nbsp;stated that the coin’s reserves were held at federally insured U.S. depository institutions.&nbsp;But, in April 2020, it was changed to clarify that the&nbsp;reserves could also be held in “approved investments\" with no further detail.</p><p><blockquote>管理美元硬币储备的中心财团发布储备审计报告。2020 年 3 月的报告称，该硬币的储备存放在有联邦保险的美国存管机构。但在 2020 年 4 月，报告进行了修改，澄清储备也可以存放在 “批准的投资 ”中，但没有进一步的细节。</blockquote></p><p> <b>What Else:</b>&nbsp;Circle intends to&nbsp;go public later this year&nbsp;in a merger with a special purpose acquisition company at a $4.5 billion&nbsp;valuation.</p><p><blockquote><b>还有什么：</b>Circle 打算在今年晚些时候与一家特殊目的收购公司合并，以 45 亿美元的估值上市。</blockquote></p><p> The payment company was purportedly investing in&nbsp;building its profits ahead of this operation&nbsp;and described investing its reserves as one of the “fundamentals of our financial model\" during an investor presentation.</p><p><blockquote>据称，这家支付公司在此次运营之前正在投资积累利润，并在向投资者介绍时称，投资其储备是“我们财务模式的基本要素”之一。</blockquote></p><p> USD Coin's reserve closely resembles money-market mutual funds, but Circle does not pay a yield to investors, which is more than enough to make it worthwhile even when considering that it does not charge a management fee either.</p><p><blockquote>USD Coin 的储备与货币市场共同基金非常相似，但 Circle 不向投资者支付收益率，即使考虑到它也不收取管理费，这也足以使其物有所值。</blockquote></p><p> Last week's Circle's&nbsp;filing&nbsp;with the Securities and Exchange Commission reveals that the company earned about $3.2 million in the first quarter on the interest income from USD Coin’s reserves —&nbsp;worth about $11 billion at the end of March.</p><p><blockquote>Circle 上周向美国证券交易委员会提交的文件显示，该公司第一季度从 USD Coin 储备的利息收入中赚取了约 320 万美元，截至 3 月底，这些储备的利息收入约为 110 亿美元。</blockquote></p><p> The document also revealed that a percentage of the&nbsp;earnings was shared with Coinbase — as set by their contractual agreements — and that it earned about $14.1 million through its other activities.</p><p><blockquote>该文件还透露，根据合同协议的规定，一定比例的收益与比特币基地分享，并且比特币基地通过其他活动赚取了约 1410 万美元。</blockquote></p><p> <b>Price Action:</b>&nbsp;Despite this controversy, USD Coin's value did not unpeg from the United States dollar by press time, standing at $0.99.</p><p><blockquote><b>价格行为：</b>尽管存在争议，但截至发稿时，美元硬币的价值并未脱离美元，为0.99美元。</blockquote></p><p> Coinbase stock closed at $278&nbsp;and was trading 1.19% lower, at $275&nbsp;after-hours.</p><p><blockquote>Coinbase 股价收于 278 美元，盘后下跌 1.19%，至 275 美元。</blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"COIN":"Coinbase Global, Inc."},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1139316023","content_text":"US-based cryptocurrency exchange Coinbase Global, Inc. admitted that USD Coin (CRYPTO: USDC) — a stablecoin that it launched in collaboration with fintech firm Circle — is not fully backed by the United States dollar.\nWhat Happened: Following Circle's disclosure of USD Coin's assets last month, Coinbase walked back on its previous claims about the backing of the coin, admitting that it is not fully backed by United States dollars and editing its website.\nAccording to Bloomberg, the Coinbase website's page dedicated to USDC changed its description from \"backed by one US dollar,\" \"held in a bank account,\" to \"backed by one dollar or asset with equivalent fair value.\"\nCircle's report shows that about 61% of its tokens are backed by “cash and cash equivalents,” meaning cash and money market funds.\nAnother 13% is backed by Yankee Certificates of Deposit issued by non-U.S. banks, U.S. Treasuries account for 12%, commercial paper accounts for 9%, while the rest is backed by municipal and corporate bonds.\nWhy It's Important: Those assets could experience losses and are less liquid than cash, which could cause trouble if customers ever tried to redeem the stablecoin en masse.\nColumbia Law School lecturer Lev Menand pointed out that \"you can’t market a product with falsities\" and claimed that failure to disclose this data constitutes a consumer protection violation.\nHe highlighted that \"there’s a material difference and a huge amount of evidence that something backed by dollars held in a bank account is different than something backed by things like U.S. Treasuries or corporate paper.”\nHe has gone as far as to suggest that this could be something that the Federal Trade Commission could investigate since it is tasked with taking action against “unfair or deceptive acts or practices.”\nThe Centre Consortium — which manages USD Coin's reserves — publishes reserve audit reports. The March 2020 report stated that the coin’s reserves were held at federally insured U.S. depository institutions. But, in April 2020, it was changed to clarify that the reserves could also be held in “approved investments\" with no further detail.\nWhat Else: Circle intends to go public later this year in a merger with a special purpose acquisition company at a $4.5 billion valuation.\nThe payment company was purportedly investing in building its profits ahead of this operation and described investing its reserves as one of the “fundamentals of our financial model\" during an investor presentation.\nUSD Coin's reserve closely resembles money-market mutual funds, but Circle does not pay a yield to investors, which is more than enough to make it worthwhile even when considering that it does not charge a management fee either.\nLast week's Circle's filing with the Securities and Exchange Commission reveals that the company earned about $3.2 million in the first quarter on the interest income from USD Coin’s reserves — worth about $11 billion at the end of March.\nThe document also revealed that a percentage of the earnings was shared with Coinbase — as set by their contractual agreements — and that it earned about $14.1 million through its other activities.\nPrice Action: Despite this controversy, USD Coin's value did not unpeg from the United States dollar by press time, standing at $0.99.\nCoinbase stock closed at $278 and was trading 1.19% lower, at $275 after-hours.","news_type":1,"symbols_score_info":{"COIN":0.9}},"isVote":1,"tweetType":1,"viewCount":529,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":369098311,"gmtCreate":1613986274833,"gmtModify":1634551657078,"author":{"id":"3576907825888639","authorId":"3576907825888639","name":"JerryChiang","avatar":"https://static.tigerbbs.com/537811c4027e5f1664a45ab303892cb1","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3576907825888639","idStr":"3576907825888639"},"themes":[],"title":"","htmlText":"Indeed","listText":"Indeed","text":"Indeed","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":4,"repostSize":0,"link":"https://laohu8.com/post/369098311","repostId":"1152031988","repostType":4,"repost":{"id":"1152031988","kind":"news","pubTimestamp":1613985392,"share":"https://www.laohunote.com/m/news/1152031988?lang=zh_CN&edition=full","pubTime":"2021-02-22 17:16","market":"us","language":"en","title":"The Hopes That Rose and Fell With GameStop<blockquote>与游戏驿站一起起起落落的希望</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1152031988","media":"The New York Times","summary":"Fueled by amateur traders and online enthusiasm, the struggling retailer’s shares took investors on ","content":"<p>Fueled by amateur traders and online enthusiasm, the struggling retailer’s shares took investors on a ride like no other. For them, it ended in different ways, including apathy, defiance and regret.</p><p><blockquote>在业余交易者和网络热情的推动下，这家陷入困境的零售商的股价让投资者体验到了前所未有的乐趣。对他们来说，它以不同的方式结束，包括冷漠、蔑视和遗憾。</blockquote></p><p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/b3ae93ef5e461f7efc81eddb3dd867d2\" tg-width=\"2048\" tg-height=\"1366\" referrerpolicy=\"no-referrer\"><span>Jacob Chalfant, a high school senior from Westfield, N.J., is still holding the shares he bought for $1,035. On Friday, they were worth $220.Credit...Bryan Anselm for The New York Times</span></p><p><blockquote><p class=\"t-img-caption\"><span>来自新泽西州韦斯特菲尔德的高中毕业生雅各布·查尔凡特 (Jacob Chalfant) 仍然持有他以 1,035 美元购买的股票。周五，它们价值 220 美元。图片来源：Bryan Anselm，《纽约时报》</span></p></blockquote></p><p>Some wanted to be on the front lines of a revolution. Some wanted to be rich. And by the end of a wild two-week ride where fortunes were made and lost, some just hoped they’d be able to pay their rent.</p><p><blockquote>有些人想站在革命的前线。有些人想变得富有。在为期两周的疯狂骑行中，有些人发家致富，但在结束时，有些人只希望自己能够支付房租。</blockquote></p><p>Winners and losers are made every day on Wall Street. And for a while, the unlikely trading boom around the stock of the beleaguered video game retailerGameStopput the little guy on top. Breathtaking fortunes appeared overnight.</p><p><blockquote>华尔街每天都有赢家和输家。有一段时间，陷入困境的视频游戏零售商 GameStop 的股票不太可能的交易繁荣让这个小家伙名列前茅。惊人的财富一夜之间出现了。</blockquote></p><p>But they disappeared almost as quickly.</p><p><blockquote>但是他们消失得几乎一样快。</blockquote></p><p>At its highest point,GameStop’s&nbsp;share price was $483. On Friday, the stock was worth $40.59. The trading frenzy — powered by online hype over a rebellion against traditional Wall Street powers — had created, and then&nbsp;destroyed, roughly $30 billion in on-paper wealth.</p><p><blockquote>在最高点，GameStop 的股价为 483 美元。周五，该股价值 40.59 美元。交易狂潮——由网上对反抗传统华尔街权力的炒作推动——创造并摧毁了大约300亿美元的账面财富。</blockquote></p><p>Many small-time investors who got caught up in the mania as it peaked lost big. Timing a trade perfectly is nearly impossible even for the best stock pickers, so even those who made money missed out on far greater riches if they didn’t sell at the rally’s peak.</p><p><blockquote>许多在狂热达到顶峰时陷入狂热的小投资者损失惨重。即使对于最优秀的选股者来说，完美地把握交易时机也几乎是不可能的，因此即使是那些赚了钱的人，如果不在反弹高峰期卖出，也会错失更大的财富。</blockquote></p><p>Whether they set out to make a mint or make a point, these&nbsp;traders rode the GameStop wave&nbsp;up — and down.</p><p><blockquote>无论他们是想赚钱还是想表达观点，这些交易员都乘着游戏驿站浪潮上下。</blockquote></p><p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/1f991998f6a7c1cae38b84edd05dacc3\" tg-width=\"820\" tg-height=\"1024\" referrerpolicy=\"no-referrer\"><span>Shawn Daumer, 19, near his office in Crown Point, Ind. He said he sold his GameStop shares last week and walked away with more than $65,000 in profit.Credit...Evan Jenkins for The New York Times</span></p><p><blockquote><p class=\"t-img-caption\"><span>19岁的肖恩·道默在他位于印第安纳州皇冠角的办公室附近。他说他上周出售了游戏驿站股票，并获得了超过 65,000 美元的利润。图片来源……《纽约时报》的 Evan Jenkins</span></p></blockquote></p><p><b>Money on the Table</b></p><p><blockquote><b>桌面上的钱</b></blockquote></p><p>What do you do when you’re 19 and suddenly holding a quarter-million dollars in stock? Shawn Daumer went to Hooters.</p><p><blockquote>当你 19 岁突然持有 25 万美元的股票时，你会怎么做？肖恩·道默去了猫头鹰。</blockquote></p><p>Armed with money partly from high school graduation gifts and winnings from trades on stocks like Tesla, Mr. Daumer had spent about $47,000on shares of GameStop the week before it went through the roof.</p><p><blockquote>多默先生的资金部分来自高中毕业礼物和特斯拉等股票交易的收益，他在游戏驿站股价暴跌前一周花费了约 47,000 美元购买该公司的股票。</blockquote></p><p>It was Jan. 26 — just two days into&nbsp;GameStop’s big week— when he and his brother hit up Hooters, scarfed down 30 wings and got 10 more to go. Two days later, GameStop hit its intraday peak of $483 and Mr. Daumer, a real estate broker in Valparaiso, Ind., was holding 1,233 shares. He was up more than a half-million dollars on his initial investment.</p><p><blockquote>1 月 26 日--游戏驿站的重要一周才刚刚开始两天--他和弟弟就抓起了猫头鹰，撕下了 30 个翅膀，又得到了 10 个翅膀。两天后，游戏驿站股价触及483美元的盘中高点，印第安纳州瓦尔帕莱索的房地产经纪人Daumer先生持有1233股。他的初始投资增加了50多万美元。</blockquote></p><p>Mr. Daumer traced his interest in GameStop to the same place many others did: Reddit’s WallStreetBets forum, where armchair traders gather for raunchy jokes, tales of success and even to brag about enormous losses.</p><p><blockquote>Daumer 先生将自己对游戏驿站的兴趣追溯到许多其他人一样的地方：Reddit 的 WallStreetBets 论坛，纸上谈兵的交易员们聚集在这里，讲下流的笑话、讲述成功的故事，甚至吹嘘巨额亏损。</blockquote></p><p><b>Understand What Happened With GameStop</b></p><p><blockquote><b>了解游戏驿站发生了什么事</b></blockquote></p><p><ul><li>Shares in GameStop, the video retailer,have crashed&nbsp;from their January highs, which were driven by memes on social media.</li><li>Amateur traders&nbsp;egging on one another on Redditbet heavily on shares of the company&nbsp;in January, sending the price up more than 1,700 percent at one point.</li><li>The wave was in part aimed athurting large hedge funds&nbsp;that had been&nbsp;short selling&nbsp;— betting against —&nbsp;GameStop stock. Some of those fundsexperienced huge losses&nbsp;as a result.</li><li>But many of the individual investors who pumped up the stock could lose huge amounts of money, too. Somebelieve the price will go back up&nbsp;and are refusing to sell, even as the share price has collapsed.</li><li>Now, regulators are looking into&nbsp;how the rally started&nbsp;and whethernew rules&nbsp;should be created because of it.</li></ul>“Really the biggest part is once you see everybody buying shares day after day, and seeing it live on your own screen, and watching it go up,” Mr. Daumer said in the midst of GameStop’s surge. “It’s follow the trend, you know? If that’s the trend, follow it and it makes you money.”</p><p><blockquote><ul><li>视频零售商游戏驿站的股价已从一月份的高点暴跌，这是由社交媒体上的表情包推动的。</li><li>1月份，业余交易员在Redditbet上相互炒作该公司的股票，导致股价一度上涨超过1700%。</li><li>这波浪潮的部分目的是打击一直在卖空游戏驿站股票的大型对冲基金。其中一些基金因此遭受了巨大损失。</li><li>但许多推高股票的个人投资者也可能损失巨额资金。有些人相信价格会回升，并拒绝出售，即使股价已经暴跌。</li><li>现在，监管机构正在调查这次反弹是如何开始的，以及是否应该因此制定新的规则。</li></ul>“道默先生在游戏驿站股价飙升时说：”真正最重要的部分是，当你看到每个人日复一日地购买股票，并在自己的屏幕上看到它的直播，看着它上涨。“这就是顺应潮流，你知道吗？如果这是潮流，那就顺其自然，它就能让你赚钱。”</blockquote></p><p>But GameStop’s stock abruptly turned down when the trading app Robinhood and other brokerage firms announced a slew of restrictions on the trading of a handful of stocks that had been spiking. Mr. Daumer had about $200,000 in potential profits evaporate almost immediately.</p><p><blockquote>但当交易应用 Robinhood 和其他经纪公司宣布对少数飙升的股票的交易实施一系列限制时，游戏驿站的股价突然下跌。道默先生大约20万美元的潜在利润几乎立即蒸发。</blockquote></p><p>“I’m still up 500 percent,” he said at the time. “I’m OK.” Besides, Mr. Daumer and his fellow Redditors believed GameStop would soar once more: “We’re going to $1,000,” he said.</p><p><blockquote>“他当时说：”我还有 500% 的进步。“我没事。”此外，Daumer 先生和他的 Redditors 朋友们相信游戏驿站会再次飙升： “他说：”我们将达到 1000 美元。</blockquote></p><p>They never came close.</p><p><blockquote>他们从未接近过。</blockquote></p><p>Last week,as the stock plunged&nbsp;72 percent in two days, he’d had enough. Mr. Daumer put in an order to sell on Tuesday afternoon, and the order was filled Wednesday morning at a price of $91.22.</p><p><blockquote>上周，当股票在两天内暴跌 72% 时，他已经受够了。Daumer 先生于周二下午下单卖出，该订单于周三上午以 91.22 美元的价格成交。</blockquote></p><p>He walked away with more than $65,000 in profit, more than doubling his investment.</p><p><blockquote>他带着超过65,000美元的利润离开，是他投资的两倍多。</blockquote></p><p></p><p>Not everyone was so lucky.</p><p><blockquote>不是每个人都这么幸运。</blockquote></p><p><b>A Rude Awakening</b></p><p><blockquote><b>粗鲁的觉醒</b></blockquote></p><p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/d56965a819f901d26e04fec085eed4a0\" tg-width=\"2048\" tg-height=\"1365\" referrerpolicy=\"no-referrer\"><span>Nora Samir held her GameStop shares too long and lost more than half of what she invested.Credit...David Maurice Smith for The New York Times</span></p><p><blockquote><p class=\"t-img-caption\"><span>Nora Samir 持有游戏驿站股票的时间太长，损失了一半以上的投资。图片来源……David Maurice Smith 为《纽约时报》撰稿</span></p></blockquote></p><p>It seemed like a dream to Nora Samir.</p><p><blockquote>对诺拉·萨米尔来说，这似乎是一场梦。</blockquote></p><p>She woke up in the middle of the night of Jan. 27 at her home in Sydney. On the other side of the world, GameStop was soaring.</p><p><blockquote>1月27日半夜，她在悉尼的家中醒来。在世界的另一端，游戏驿站正在腾飞。</blockquote></p><p>The $735 she’d put in the day before had doubled. She raced downstairs to tell her mother, who was sleeping.</p><p><blockquote>她前一天投入的 735 美元翻了一番。她跑下楼告诉正在睡觉的母亲。</blockquote></p><p>“Nora, don’t be greedy,” her mother warned. “You need to take it out.”</p><p><blockquote>“诺拉，不要贪婪，”她的母亲警告说。“你得把它拿出来。”</blockquote></p><p>But Ms. Samir, 24, a child-health researcher at the University of New South Wales and a stock market neophyte,</p><p><blockquote>但24岁的萨米尔女士是新南威尔士大学的一名儿童健康研究员，也是一名股市新手，</blockquote></p><p>didn’t sell — she bought.</p><p><blockquote>没卖，她买了。</blockquote></p><p>After investing about $800 more, she owned just over nine shares of GameStop. She later plowed $1,800 into BlackBerry, the cellphone maker that once dominated mobile email and hadbeen swept up in the frenzy.</p><p><blockquote>在追加投资约 800 美元后，她持有游戏驿站 9 股多一点的股票。后来，她向黑莓投入了 1,800 美元，这家手机制造商曾经主导了移动电子邮件，并被卷入了这场狂热。</blockquote></p><p>“I was on a high,” she admitted. “When the stock is going up, you don’t think of how low it can go.”</p><p><blockquote>“她承认：”我当时情绪高涨。“当股票上涨时，你不会想到它会跌到多低”。</blockquote></p><p>The high didn’t last long — and the fall was made worse when her trading app crashed, leaving her with little choice but to hold on while GameStop shares plunged.</p><p><blockquote>高点并没有持续多久--当她的交易应用程序崩溃时，她的跌势变得更加严重，这让她别无选择，只能在游戏驿站股价暴跌时坚持下去。</blockquote></p><p>She managed to sell one share on the way down, for $134. The shares she still owned on Friday were worth $528. She’s lost more than half what she put into GameStop.</p><p><blockquote>她设法以 134 美元的价格卖出了一股。周五她仍然持有的股票价值 528 美元。她在游戏驿站投入的资金已经损失了一半以上。</blockquote></p><p>The lesson, Ms. Samir said: “Don’t be greedy.”</p><p><blockquote>萨米尔女士说： “不要贪婪”。</blockquote></p><p><b>You Only Live Once</b></p><p><blockquote><b>你只有一次生命</b></blockquote></p><p>Jacob Chalfant, a high school senior from Westfield, N.J., enjoyed how his “diamond hands” were putting the squeeze on Wall Street’s hedge funds.</p><p><blockquote>来自新泽西州韦斯特菲尔德的高三学生雅各布-查尔凡特（Jacob Chalfant）很享受他的 “钻石之手 ”如何挤压华尔街的对冲基金。</blockquote></p><p>A poster on WallStreetBets since he was 15, Mr. Chalfant, now 18, relished the GameStop rally for the pressure it put on firms like Melvin Capital, which had bet that GameStop’s shares would fall.</p><p><blockquote>现年 18 岁的查尔凡特先生从 15 岁起就在 WallStreetBets 上发帖，他对游戏驿站的反弹津津乐道，因为这给梅尔文资本（Melvin Capital）等公司带来了压力，后者曾押注游戏驿站的股价会下跌。</blockquote></p><p>In the parlance of Reddit, Mr. Chalfant’s diamond-hard hands won’t fold, unlike the “paper hands” of sellers. He’s still holding the shares he bought for $1,035 — about a month’s wages from his job at a pizza shop and his freelance photography business — when GameStop was trading at $290. On Friday, his investment was worth $220.</p><p><blockquote>用 Reddit 的说法来说，查尔凡特先生钻石般坚硬的手不会折叠，这与卖家的 “纸质手 ”不同。他仍然持有他以 1035 美元购买的股票--大约是他在披萨店工作和自由摄影生意的一个月工资--当时游戏驿站的交易价格为 290 美元。周五，他的投资价值220美元。</blockquote></p><p>“I’ve come to terms with the fact that I’ve already lost the money,” he said. “Realistically, the stock is not going to go where it was before.”</p><p><blockquote>“他说：”我已经接受了我已经赔钱的事实。“实际上，股价不会回到以前的水平。”</blockquote></p><p>But the losses are an investment, too, Mr. Chalfant said. They’ve earned him “internet points” on WallStreetBets. “If you’re saying, ‘I’m still holding,’ you have more clout than if you didn’t,” he said.</p><p><blockquote>但查尔凡特说，损失也是一种投资。他们在 WallStreetBets 上为他赢得了 “互联网积分”。“他说：”如果你说'我还在坚持'，你的影响力就会比不坚持'更大。</blockquote></p><p>(Many on the WallStreetBets forum insist that GameStop’s shares may surge again. On the other hand, another Reddit forum opened last week where users share tales of losses from trading the stock whose ticker symbol is GME: GMEbagholdersclub.)</p><p><blockquote>(WallStreetBets 论坛上的许多人坚持认为游戏驿站的股价可能会再次飙升。另一方面，上周开设了另一个 Reddit 论坛，用户在该论坛上分享了交易股票代码为 GME 的股票造成的损失故事： GMEbagholdersclub）。</blockquote></p><p>Mr. Chalfant said he and other teenage traders enjoy the gamification of the investing, and many of his friends had gotten in on GameStop just because they thought it was funny, not to make money.</p><p><blockquote>查尔凡特表示，他和其他青少年交易员喜欢将投资游戏化，他的许多朋友加入游戏驿站只是因为他们觉得这很有趣，而不是为了赚钱。</blockquote></p><p>“We’re living in a system where there’s no such thing as justice anymore and the entire world is falling apart,” Mr. Chalfant said. “Nothing really matters, so we might as well try to have fun while we’re here.”</p><p><blockquote>“查尔凡特先生说：”我们生活在一个不再有正义的体系中，整个世界都在分崩离析。“没有什么是真正重要的，所以我们在这里的时候不妨找点乐子。”</blockquote></p><p><b>Collateral Damage</b></p><p><blockquote><b>附带损害</b></blockquote></p><p>Terrell Jones didn’t need to invest in GameStop to lose money off the frenzy.</p><p><blockquote>Terrell Jones 不需要投资游戏驿站就能在狂热中赔钱。</blockquote></p><p>Mr. Jones, a college student from Kenosha, Wis., bought $300 in shares of AMC, the movie theater chain whose stock was also swept up in the attempt to squeeze the short sellers who profit as stocks decline.</p><p><blockquote>琼斯是威斯康星州基诺沙的一名大学生，他购买了价值300美元的AMC电影院连锁店的股票，该公司的股票也被扫地出门，试图挤压那些在股价下跌时获利的卖空者。</blockquote></p><p>“I just got caught up in the social media hype and just dove right into it,” he said. “I fell for it.”</p><p><blockquote>“他说：”我只是被社交媒体的炒作所吸引，一头扎进去。“我上当了。”</blockquote></p><p>When AMC started to fall and he had lost $112, Mr. Jones, 24, panicked.</p><p><blockquote>当AMC开始下跌，他损失了112美元时，24岁的琼斯先生惊慌失措。</blockquote></p><p>“I just had to get out of there as soon as possible,” he said. “It’s a lot of money, we’re in the middle of a pandemic and I have rent that needs to be paid.”</p><p><blockquote>“他说：”我必须尽快离开那里。“这是一大笔钱，我们正处于大流行病之中，我还要付房租”。</blockquote></p><p>Mr. Jones, 24, had never invested in the stock market before. Now, though, he feels that he learned a lesson.</p><p><blockquote>24岁的琼斯先生以前从未投资过股市。然而现在，他觉得自己吸取了教训。</blockquote></p><p>“I realized pretty quick that people like me were up against those billionaires,” he said. “And at the end of the day, those people always find a way to win.”</p><p><blockquote>“他说：”我很快意识到，像我这样的人是那些亿万富翁的对手。“归根结底，这些人总能找到获胜的方法。”</blockquote></p><p><b>Losing His Head</b></p><p><blockquote><b>失去理智</b></blockquote></p><p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/1568d73f6db637748479d972e48a4b97\" tg-width=\"2048\" tg-height=\"1595\" referrerpolicy=\"no-referrer\"><span>“This is money I have already written off,” said C. Arthur Davitt, who lives in Chicago.Credit...Lyndon French for The New York Times</span></p><p><blockquote><p class=\"t-img-caption\"><span>“这是我已经注销的钱，”居住在芝加哥的 C. Arthur Davitt 说。图片来源：Lyndon French for The New York Times</span></p></blockquote></p><p>Ordinarily, C. Arthur Davitt is a model of financial discipline.</p><p><blockquote>通常情况下，C. Arthur Davitt 是财务纪律的典范。</blockquote></p><p>He automatically sweeps $200 a month into an index fund, saves enough to get a company match on his 401(k) and has been aggressively paying down his $35,000 in graduate school debt.</p><p><blockquote>他每月自动将 200 美元存入指数基金，存了足够的钱在 401(k) 计划上获得一家公司匹配，并且一直在积极偿还 35,000 美元的研究生院债务。</blockquote></p><p></p><p>But Mr. Davitt, 29, thought it might be fun to get in on some of the skyrocketing stocks. He put less than $1,500 in GameStop and AMC — the GameStop portion is now down by nearly half, and his stake in AMC lost more than 20 percent.</p><p><blockquote>但 29 岁的戴维特先生认为，参与一些飙升的股票可能会很有趣。他在游戏驿站和 AMC 的投资不到 1,500 美元——游戏驿站部分现在下跌了近一半，他在 AMC 的股份损失了 20% 以上。</blockquote></p><p>“I am not a gambler by nature,” he said, “and this is money I have already written off.”</p><p><blockquote>“他说：”我不是天生的赌徒，“这是我已经注销的钱。”</blockquote></p><p>Mr. Davitt, who lives in Chicago and works for a company that provides worker assistance programs for employers, figures he might as well hold on to both companies. GameStop just named several new executives, which could help inject new life into the company, he said, and AMC could see a bounce once more people start venturing out of their homes.</p><p><blockquote>戴维特住在芝加哥，在一家为雇主提供工人援助计划的公司工作，他认为自己还不如持有这两家公司。他说，游戏驿站刚刚任命了几位新高管，这可能有助于为公司注入新的活力，一旦更多人开始走出家门，AMC 可能会出现反弹。</blockquote></p><p>“If I didn’t like GameStop or AMC,” Mr. Davitt said, “I wouldn’t be finding this as enjoyable.”</p><p><blockquote>“戴维特先生说：”如果我不喜欢游戏驿站或 AMC，“我就不会觉得这很有趣。”</blockquote></p><p><b>Another on the Line</b></p><p><blockquote><b>另一个在线</b></blockquote></p><p>By almost any measure, Mr. Daumer, the Indiana teenager, is one of the winners of the GameStop trade. He more than doubled his money, even if he didn’t score the biggest possible payday.</p><p><blockquote>几乎从任何标准来看，印第安纳州的少年道默先生都是游戏驿站交易的赢家之一。即使他没有获得最大的发薪日，他的钱也增加了一倍多。</blockquote></p><p>“Do you fish?” he asked, searching for a way to explain the experience.</p><p><blockquote>“你钓鱼吗？”他问道，寻找解释这段经历的方法。</blockquote></p><p>When you’re fishing, he said, and you feel a tug on your line, it might be just a nibble or it might be a bite. If you wait to feel a stronger tug, you risk losing the fish you didn’t know you had.</p><p><blockquote>他说，当你钓鱼时，如果你感觉到鱼线被拉扯，那可能只是一口，也可能是一口。如果你等着感受更强的拉力，你就有可能失去你不知道自己钓到的鱼。</blockquote></p><p>The peak, he said, was that kind of moment. He thought it was just a small nibble, and decided to wait.</p><p><blockquote>他说，巅峰就是那种时刻。他以为只是一小口，决定等等。</blockquote></p><p>“The fish got away,” he said.</p><p><blockquote>“他说：”鱼逃走了。</blockquote></p><p>But there are others out there to be hooked, he said. He’s already dabbling in shares of a penny stock, Castor Maritime, which is based in Cyprus. It’s up over 300 percent so far this year.</p><p><blockquote>但他说，还有其他人会上钩。他已经涉足了总部位于塞浦路斯的细价股 Castor Maritime 的股票。今年到目前为止，这一数字已经增长了 300% 以上。</blockquote></p><p>What kind of business is the company in?</p><p><blockquote>公司是做什么生意的？</blockquote></p><p>“You know what? I wish I could tell you,” Mr. Daumer said. “I just like the numbers.”</p><p><blockquote>“你知道吗？我真希望我能告诉你，”道默先生说。“我只是喜欢这些数字。”</blockquote></p><p></p>","source":"lsy1608616134662","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>The Hopes That Rose and Fell With GameStop<blockquote>与游戏驿站一起起起落落的希望</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nThe Hopes That Rose and Fell With GameStop<blockquote>与游戏驿站一起起起落落的希望</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">The New York Times</strong><span class=\"h-time small\">2021-02-22 17:16</span>\n</p>\n</h4>\n</header>\n<article>\n<p>Fueled by amateur traders and online enthusiasm, the struggling retailer’s shares took investors on a ride like no other. For them, it ended in different ways, including apathy, defiance and regret.</p><p><blockquote>在业余交易者和网络热情的推动下，这家陷入困境的零售商的股价让投资者体验到了前所未有的乐趣。对他们来说，它以不同的方式结束，包括冷漠、蔑视和遗憾。</blockquote></p><p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/b3ae93ef5e461f7efc81eddb3dd867d2\" tg-width=\"2048\" tg-height=\"1366\" referrerpolicy=\"no-referrer\"><span>Jacob Chalfant, a high school senior from Westfield, N.J., is still holding the shares he bought for $1,035. On Friday, they were worth $220.Credit...Bryan Anselm for The New York Times</span></p><p><blockquote><p class=\"t-img-caption\"><span>来自新泽西州韦斯特菲尔德的高中毕业生雅各布·查尔凡特 (Jacob Chalfant) 仍然持有他以 1,035 美元购买的股票。周五，它们价值 220 美元。图片来源：Bryan Anselm，《纽约时报》</span></p></blockquote></p><p>Some wanted to be on the front lines of a revolution. Some wanted to be rich. And by the end of a wild two-week ride where fortunes were made and lost, some just hoped they’d be able to pay their rent.</p><p><blockquote>有些人想站在革命的前线。有些人想变得富有。在为期两周的疯狂骑行中，有些人发家致富，但在结束时，有些人只希望自己能够支付房租。</blockquote></p><p>Winners and losers are made every day on Wall Street. And for a while, the unlikely trading boom around the stock of the beleaguered video game retailerGameStopput the little guy on top. Breathtaking fortunes appeared overnight.</p><p><blockquote>华尔街每天都有赢家和输家。有一段时间，陷入困境的视频游戏零售商 GameStop 的股票不太可能的交易繁荣让这个小家伙名列前茅。惊人的财富一夜之间出现了。</blockquote></p><p>But they disappeared almost as quickly.</p><p><blockquote>但是他们消失得几乎一样快。</blockquote></p><p>At its highest point,GameStop’s&nbsp;share price was $483. On Friday, the stock was worth $40.59. The trading frenzy — powered by online hype over a rebellion against traditional Wall Street powers — had created, and then&nbsp;destroyed, roughly $30 billion in on-paper wealth.</p><p><blockquote>在最高点，GameStop 的股价为 483 美元。周五，该股价值 40.59 美元。交易狂潮——由网上对反抗传统华尔街权力的炒作推动——创造并摧毁了大约300亿美元的账面财富。</blockquote></p><p>Many small-time investors who got caught up in the mania as it peaked lost big. Timing a trade perfectly is nearly impossible even for the best stock pickers, so even those who made money missed out on far greater riches if they didn’t sell at the rally’s peak.</p><p><blockquote>许多在狂热达到顶峰时陷入狂热的小投资者损失惨重。即使对于最优秀的选股者来说，完美地把握交易时机也几乎是不可能的，因此即使是那些赚了钱的人，如果不在反弹高峰期卖出，也会错失更大的财富。</blockquote></p><p>Whether they set out to make a mint or make a point, these&nbsp;traders rode the GameStop wave&nbsp;up — and down.</p><p><blockquote>无论他们是想赚钱还是想表达观点，这些交易员都乘着游戏驿站浪潮上下。</blockquote></p><p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/1f991998f6a7c1cae38b84edd05dacc3\" tg-width=\"820\" tg-height=\"1024\" referrerpolicy=\"no-referrer\"><span>Shawn Daumer, 19, near his office in Crown Point, Ind. He said he sold his GameStop shares last week and walked away with more than $65,000 in profit.Credit...Evan Jenkins for The New York Times</span></p><p><blockquote><p class=\"t-img-caption\"><span>19岁的肖恩·道默在他位于印第安纳州皇冠角的办公室附近。他说他上周出售了游戏驿站股票，并获得了超过 65,000 美元的利润。图片来源……《纽约时报》的 Evan Jenkins</span></p></blockquote></p><p><b>Money on the Table</b></p><p><blockquote><b>桌面上的钱</b></blockquote></p><p>What do you do when you’re 19 and suddenly holding a quarter-million dollars in stock? Shawn Daumer went to Hooters.</p><p><blockquote>当你 19 岁突然持有 25 万美元的股票时，你会怎么做？肖恩·道默去了猫头鹰。</blockquote></p><p>Armed with money partly from high school graduation gifts and winnings from trades on stocks like Tesla, Mr. Daumer had spent about $47,000on shares of GameStop the week before it went through the roof.</p><p><blockquote>多默先生的资金部分来自高中毕业礼物和特斯拉等股票交易的收益，他在游戏驿站股价暴跌前一周花费了约 47,000 美元购买该公司的股票。</blockquote></p><p>It was Jan. 26 — just two days into&nbsp;GameStop’s big week— when he and his brother hit up Hooters, scarfed down 30 wings and got 10 more to go. Two days later, GameStop hit its intraday peak of $483 and Mr. Daumer, a real estate broker in Valparaiso, Ind., was holding 1,233 shares. He was up more than a half-million dollars on his initial investment.</p><p><blockquote>1 月 26 日--游戏驿站的重要一周才刚刚开始两天--他和弟弟就抓起了猫头鹰，撕下了 30 个翅膀，又得到了 10 个翅膀。两天后，游戏驿站股价触及483美元的盘中高点，印第安纳州瓦尔帕莱索的房地产经纪人Daumer先生持有1233股。他的初始投资增加了50多万美元。</blockquote></p><p>Mr. Daumer traced his interest in GameStop to the same place many others did: Reddit’s WallStreetBets forum, where armchair traders gather for raunchy jokes, tales of success and even to brag about enormous losses.</p><p><blockquote>Daumer 先生将自己对游戏驿站的兴趣追溯到许多其他人一样的地方：Reddit 的 WallStreetBets 论坛，纸上谈兵的交易员们聚集在这里，讲下流的笑话、讲述成功的故事，甚至吹嘘巨额亏损。</blockquote></p><p><b>Understand What Happened With GameStop</b></p><p><blockquote><b>了解游戏驿站发生了什么事</b></blockquote></p><p><ul><li>Shares in GameStop, the video retailer,have crashed&nbsp;from their January highs, which were driven by memes on social media.</li><li>Amateur traders&nbsp;egging on one another on Redditbet heavily on shares of the company&nbsp;in January, sending the price up more than 1,700 percent at one point.</li><li>The wave was in part aimed athurting large hedge funds&nbsp;that had been&nbsp;short selling&nbsp;— betting against —&nbsp;GameStop stock. Some of those fundsexperienced huge losses&nbsp;as a result.</li><li>But many of the individual investors who pumped up the stock could lose huge amounts of money, too. Somebelieve the price will go back up&nbsp;and are refusing to sell, even as the share price has collapsed.</li><li>Now, regulators are looking into&nbsp;how the rally started&nbsp;and whethernew rules&nbsp;should be created because of it.</li></ul>“Really the biggest part is once you see everybody buying shares day after day, and seeing it live on your own screen, and watching it go up,” Mr. Daumer said in the midst of GameStop’s surge. “It’s follow the trend, you know? If that’s the trend, follow it and it makes you money.”</p><p><blockquote><ul><li>视频零售商游戏驿站的股价已从一月份的高点暴跌，这是由社交媒体上的表情包推动的。</li><li>1月份，业余交易员在Redditbet上相互炒作该公司的股票，导致股价一度上涨超过1700%。</li><li>这波浪潮的部分目的是打击一直在卖空游戏驿站股票的大型对冲基金。其中一些基金因此遭受了巨大损失。</li><li>但许多推高股票的个人投资者也可能损失巨额资金。有些人相信价格会回升，并拒绝出售，即使股价已经暴跌。</li><li>现在，监管机构正在调查这次反弹是如何开始的，以及是否应该因此制定新的规则。</li></ul>“道默先生在游戏驿站股价飙升时说：”真正最重要的部分是，当你看到每个人日复一日地购买股票，并在自己的屏幕上看到它的直播，看着它上涨。“这就是顺应潮流，你知道吗？如果这是潮流，那就顺其自然，它就能让你赚钱。”</blockquote></p><p>But GameStop’s stock abruptly turned down when the trading app Robinhood and other brokerage firms announced a slew of restrictions on the trading of a handful of stocks that had been spiking. Mr. Daumer had about $200,000 in potential profits evaporate almost immediately.</p><p><blockquote>但当交易应用 Robinhood 和其他经纪公司宣布对少数飙升的股票的交易实施一系列限制时，游戏驿站的股价突然下跌。道默先生大约20万美元的潜在利润几乎立即蒸发。</blockquote></p><p>“I’m still up 500 percent,” he said at the time. “I’m OK.” Besides, Mr. Daumer and his fellow Redditors believed GameStop would soar once more: “We’re going to $1,000,” he said.</p><p><blockquote>“他当时说：”我还有 500% 的进步。“我没事。”此外，Daumer 先生和他的 Redditors 朋友们相信游戏驿站会再次飙升： “他说：”我们将达到 1000 美元。</blockquote></p><p>They never came close.</p><p><blockquote>他们从未接近过。</blockquote></p><p>Last week,as the stock plunged&nbsp;72 percent in two days, he’d had enough. Mr. Daumer put in an order to sell on Tuesday afternoon, and the order was filled Wednesday morning at a price of $91.22.</p><p><blockquote>上周，当股票在两天内暴跌 72% 时，他已经受够了。Daumer 先生于周二下午下单卖出，该订单于周三上午以 91.22 美元的价格成交。</blockquote></p><p>He walked away with more than $65,000 in profit, more than doubling his investment.</p><p><blockquote>他带着超过65,000美元的利润离开，是他投资的两倍多。</blockquote></p><p></p><p>Not everyone was so lucky.</p><p><blockquote>不是每个人都这么幸运。</blockquote></p><p><b>A Rude Awakening</b></p><p><blockquote><b>粗鲁的觉醒</b></blockquote></p><p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/d56965a819f901d26e04fec085eed4a0\" tg-width=\"2048\" tg-height=\"1365\" referrerpolicy=\"no-referrer\"><span>Nora Samir held her GameStop shares too long and lost more than half of what she invested.Credit...David Maurice Smith for The New York Times</span></p><p><blockquote><p class=\"t-img-caption\"><span>Nora Samir 持有游戏驿站股票的时间太长，损失了一半以上的投资。图片来源……David Maurice Smith 为《纽约时报》撰稿</span></p></blockquote></p><p>It seemed like a dream to Nora Samir.</p><p><blockquote>对诺拉·萨米尔来说，这似乎是一场梦。</blockquote></p><p>She woke up in the middle of the night of Jan. 27 at her home in Sydney. On the other side of the world, GameStop was soaring.</p><p><blockquote>1月27日半夜，她在悉尼的家中醒来。在世界的另一端，游戏驿站正在腾飞。</blockquote></p><p>The $735 she’d put in the day before had doubled. She raced downstairs to tell her mother, who was sleeping.</p><p><blockquote>她前一天投入的 735 美元翻了一番。她跑下楼告诉正在睡觉的母亲。</blockquote></p><p>“Nora, don’t be greedy,” her mother warned. “You need to take it out.”</p><p><blockquote>“诺拉，不要贪婪，”她的母亲警告说。“你得把它拿出来。”</blockquote></p><p>But Ms. Samir, 24, a child-health researcher at the University of New South Wales and a stock market neophyte,</p><p><blockquote>但24岁的萨米尔女士是新南威尔士大学的一名儿童健康研究员，也是一名股市新手，</blockquote></p><p>didn’t sell — she bought.</p><p><blockquote>没卖，她买了。</blockquote></p><p>After investing about $800 more, she owned just over nine shares of GameStop. She later plowed $1,800 into BlackBerry, the cellphone maker that once dominated mobile email and hadbeen swept up in the frenzy.</p><p><blockquote>在追加投资约 800 美元后，她持有游戏驿站 9 股多一点的股票。后来，她向黑莓投入了 1,800 美元，这家手机制造商曾经主导了移动电子邮件，并被卷入了这场狂热。</blockquote></p><p>“I was on a high,” she admitted. “When the stock is going up, you don’t think of how low it can go.”</p><p><blockquote>“她承认：”我当时情绪高涨。“当股票上涨时，你不会想到它会跌到多低”。</blockquote></p><p>The high didn’t last long — and the fall was made worse when her trading app crashed, leaving her with little choice but to hold on while GameStop shares plunged.</p><p><blockquote>高点并没有持续多久--当她的交易应用程序崩溃时，她的跌势变得更加严重，这让她别无选择，只能在游戏驿站股价暴跌时坚持下去。</blockquote></p><p>She managed to sell one share on the way down, for $134. The shares she still owned on Friday were worth $528. She’s lost more than half what she put into GameStop.</p><p><blockquote>她设法以 134 美元的价格卖出了一股。周五她仍然持有的股票价值 528 美元。她在游戏驿站投入的资金已经损失了一半以上。</blockquote></p><p>The lesson, Ms. Samir said: “Don’t be greedy.”</p><p><blockquote>萨米尔女士说： “不要贪婪”。</blockquote></p><p><b>You Only Live Once</b></p><p><blockquote><b>你只有一次生命</b></blockquote></p><p>Jacob Chalfant, a high school senior from Westfield, N.J., enjoyed how his “diamond hands” were putting the squeeze on Wall Street’s hedge funds.</p><p><blockquote>来自新泽西州韦斯特菲尔德的高三学生雅各布-查尔凡特（Jacob Chalfant）很享受他的 “钻石之手 ”如何挤压华尔街的对冲基金。</blockquote></p><p>A poster on WallStreetBets since he was 15, Mr. Chalfant, now 18, relished the GameStop rally for the pressure it put on firms like Melvin Capital, which had bet that GameStop’s shares would fall.</p><p><blockquote>现年 18 岁的查尔凡特先生从 15 岁起就在 WallStreetBets 上发帖，他对游戏驿站的反弹津津乐道，因为这给梅尔文资本（Melvin Capital）等公司带来了压力，后者曾押注游戏驿站的股价会下跌。</blockquote></p><p>In the parlance of Reddit, Mr. Chalfant’s diamond-hard hands won’t fold, unlike the “paper hands” of sellers. He’s still holding the shares he bought for $1,035 — about a month’s wages from his job at a pizza shop and his freelance photography business — when GameStop was trading at $290. On Friday, his investment was worth $220.</p><p><blockquote>用 Reddit 的说法来说，查尔凡特先生钻石般坚硬的手不会折叠，这与卖家的 “纸质手 ”不同。他仍然持有他以 1035 美元购买的股票--大约是他在披萨店工作和自由摄影生意的一个月工资--当时游戏驿站的交易价格为 290 美元。周五，他的投资价值220美元。</blockquote></p><p>“I’ve come to terms with the fact that I’ve already lost the money,” he said. “Realistically, the stock is not going to go where it was before.”</p><p><blockquote>“他说：”我已经接受了我已经赔钱的事实。“实际上，股价不会回到以前的水平。”</blockquote></p><p>But the losses are an investment, too, Mr. Chalfant said. They’ve earned him “internet points” on WallStreetBets. “If you’re saying, ‘I’m still holding,’ you have more clout than if you didn’t,” he said.</p><p><blockquote>但查尔凡特说，损失也是一种投资。他们在 WallStreetBets 上为他赢得了 “互联网积分”。“他说：”如果你说'我还在坚持'，你的影响力就会比不坚持'更大。</blockquote></p><p>(Many on the WallStreetBets forum insist that GameStop’s shares may surge again. On the other hand, another Reddit forum opened last week where users share tales of losses from trading the stock whose ticker symbol is GME: GMEbagholdersclub.)</p><p><blockquote>(WallStreetBets 论坛上的许多人坚持认为游戏驿站的股价可能会再次飙升。另一方面，上周开设了另一个 Reddit 论坛，用户在该论坛上分享了交易股票代码为 GME 的股票造成的损失故事： GMEbagholdersclub）。</blockquote></p><p>Mr. Chalfant said he and other teenage traders enjoy the gamification of the investing, and many of his friends had gotten in on GameStop just because they thought it was funny, not to make money.</p><p><blockquote>查尔凡特表示，他和其他青少年交易员喜欢将投资游戏化，他的许多朋友加入游戏驿站只是因为他们觉得这很有趣，而不是为了赚钱。</blockquote></p><p>“We’re living in a system where there’s no such thing as justice anymore and the entire world is falling apart,” Mr. Chalfant said. “Nothing really matters, so we might as well try to have fun while we’re here.”</p><p><blockquote>“查尔凡特先生说：”我们生活在一个不再有正义的体系中，整个世界都在分崩离析。“没有什么是真正重要的，所以我们在这里的时候不妨找点乐子。”</blockquote></p><p><b>Collateral Damage</b></p><p><blockquote><b>附带损害</b></blockquote></p><p>Terrell Jones didn’t need to invest in GameStop to lose money off the frenzy.</p><p><blockquote>Terrell Jones 不需要投资游戏驿站就能在狂热中赔钱。</blockquote></p><p>Mr. Jones, a college student from Kenosha, Wis., bought $300 in shares of AMC, the movie theater chain whose stock was also swept up in the attempt to squeeze the short sellers who profit as stocks decline.</p><p><blockquote>琼斯是威斯康星州基诺沙的一名大学生，他购买了价值300美元的AMC电影院连锁店的股票，该公司的股票也被扫地出门，试图挤压那些在股价下跌时获利的卖空者。</blockquote></p><p>“I just got caught up in the social media hype and just dove right into it,” he said. “I fell for it.”</p><p><blockquote>“他说：”我只是被社交媒体的炒作所吸引，一头扎进去。“我上当了。”</blockquote></p><p>When AMC started to fall and he had lost $112, Mr. Jones, 24, panicked.</p><p><blockquote>当AMC开始下跌，他损失了112美元时，24岁的琼斯先生惊慌失措。</blockquote></p><p>“I just had to get out of there as soon as possible,” he said. “It’s a lot of money, we’re in the middle of a pandemic and I have rent that needs to be paid.”</p><p><blockquote>“他说：”我必须尽快离开那里。“这是一大笔钱，我们正处于大流行病之中，我还要付房租”。</blockquote></p><p>Mr. Jones, 24, had never invested in the stock market before. Now, though, he feels that he learned a lesson.</p><p><blockquote>24岁的琼斯先生以前从未投资过股市。然而现在，他觉得自己吸取了教训。</blockquote></p><p>“I realized pretty quick that people like me were up against those billionaires,” he said. “And at the end of the day, those people always find a way to win.”</p><p><blockquote>“他说：”我很快意识到，像我这样的人是那些亿万富翁的对手。“归根结底，这些人总能找到获胜的方法。”</blockquote></p><p><b>Losing His Head</b></p><p><blockquote><b>失去理智</b></blockquote></p><p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/1568d73f6db637748479d972e48a4b97\" tg-width=\"2048\" tg-height=\"1595\" referrerpolicy=\"no-referrer\"><span>“This is money I have already written off,” said C. Arthur Davitt, who lives in Chicago.Credit...Lyndon French for The New York Times</span></p><p><blockquote><p class=\"t-img-caption\"><span>“这是我已经注销的钱，”居住在芝加哥的 C. Arthur Davitt 说。图片来源：Lyndon French for The New York Times</span></p></blockquote></p><p>Ordinarily, C. Arthur Davitt is a model of financial discipline.</p><p><blockquote>通常情况下，C. Arthur Davitt 是财务纪律的典范。</blockquote></p><p>He automatically sweeps $200 a month into an index fund, saves enough to get a company match on his 401(k) and has been aggressively paying down his $35,000 in graduate school debt.</p><p><blockquote>他每月自动将 200 美元存入指数基金，存了足够的钱在 401(k) 计划上获得一家公司匹配，并且一直在积极偿还 35,000 美元的研究生院债务。</blockquote></p><p></p><p>But Mr. Davitt, 29, thought it might be fun to get in on some of the skyrocketing stocks. He put less than $1,500 in GameStop and AMC — the GameStop portion is now down by nearly half, and his stake in AMC lost more than 20 percent.</p><p><blockquote>但 29 岁的戴维特先生认为，参与一些飙升的股票可能会很有趣。他在游戏驿站和 AMC 的投资不到 1,500 美元——游戏驿站部分现在下跌了近一半，他在 AMC 的股份损失了 20% 以上。</blockquote></p><p>“I am not a gambler by nature,” he said, “and this is money I have already written off.”</p><p><blockquote>“他说：”我不是天生的赌徒，“这是我已经注销的钱。”</blockquote></p><p>Mr. Davitt, who lives in Chicago and works for a company that provides worker assistance programs for employers, figures he might as well hold on to both companies. GameStop just named several new executives, which could help inject new life into the company, he said, and AMC could see a bounce once more people start venturing out of their homes.</p><p><blockquote>戴维特住在芝加哥，在一家为雇主提供工人援助计划的公司工作，他认为自己还不如持有这两家公司。他说，游戏驿站刚刚任命了几位新高管，这可能有助于为公司注入新的活力，一旦更多人开始走出家门，AMC 可能会出现反弹。</blockquote></p><p>“If I didn’t like GameStop or AMC,” Mr. Davitt said, “I wouldn’t be finding this as enjoyable.”</p><p><blockquote>“戴维特先生说：”如果我不喜欢游戏驿站或 AMC，“我就不会觉得这很有趣。”</blockquote></p><p><b>Another on the Line</b></p><p><blockquote><b>另一个在线</b></blockquote></p><p>By almost any measure, Mr. Daumer, the Indiana teenager, is one of the winners of the GameStop trade. He more than doubled his money, even if he didn’t score the biggest possible payday.</p><p><blockquote>几乎从任何标准来看，印第安纳州的少年道默先生都是游戏驿站交易的赢家之一。即使他没有获得最大的发薪日，他的钱也增加了一倍多。</blockquote></p><p>“Do you fish?” he asked, searching for a way to explain the experience.</p><p><blockquote>“你钓鱼吗？”他问道，寻找解释这段经历的方法。</blockquote></p><p>When you’re fishing, he said, and you feel a tug on your line, it might be just a nibble or it might be a bite. If you wait to feel a stronger tug, you risk losing the fish you didn’t know you had.</p><p><blockquote>他说，当你钓鱼时，如果你感觉到鱼线被拉扯，那可能只是一口，也可能是一口。如果你等着感受更强的拉力，你就有可能失去你不知道自己钓到的鱼。</blockquote></p><p>The peak, he said, was that kind of moment. He thought it was just a small nibble, and decided to wait.</p><p><blockquote>他说，巅峰就是那种时刻。他以为只是一小口，决定等等。</blockquote></p><p>“The fish got away,” he said.</p><p><blockquote>“他说：”鱼逃走了。</blockquote></p><p>But there are others out there to be hooked, he said. He’s already dabbling in shares of a penny stock, Castor Maritime, which is based in Cyprus. It’s up over 300 percent so far this year.</p><p><blockquote>但他说，还有其他人会上钩。他已经涉足了总部位于塞浦路斯的细价股 Castor Maritime 的股票。今年到目前为止，这一数字已经增长了 300% 以上。</blockquote></p><p>What kind of business is the company in?</p><p><blockquote>公司是做什么生意的？</blockquote></p><p>“You know what? I wish I could tell you,” Mr. Daumer said. “I just like the numbers.”</p><p><blockquote>“你知道吗？我真希望我能告诉你，”道默先生说。“我只是喜欢这些数字。”</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.nytimes.com/2021/02/07/business/gamestop-stock-losses.html\">The New York Times</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":{"GME":"游戏驿站"},"source_url":"https://www.nytimes.com/2021/02/07/business/gamestop-stock-losses.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1152031988","content_text":"Fueled by amateur traders and online enthusiasm, the struggling retailer’s shares took investors on a ride like no other. For them, it ended in different ways, including apathy, defiance and regret.Jacob Chalfant, a high school senior from Westfield, N.J., is still holding the shares he bought for $1,035. On Friday, they were worth $220.Credit...Bryan Anselm for The New York TimesSome wanted to be on the front lines of a revolution. Some wanted to be rich. And by the end of a wild two-week ride where fortunes were made and lost, some just hoped they’d be able to pay their rent.Winners and losers are made every day on Wall Street. And for a while, the unlikely trading boom around the stock of the beleaguered video game retailerGameStopput the little guy on top. Breathtaking fortunes appeared overnight.But they disappeared almost as quickly.At its highest point,GameStop’s share price was $483. On Friday, the stock was worth $40.59. The trading frenzy — powered by online hype over a rebellion against traditional Wall Street powers — had created, and then destroyed, roughly $30 billion in on-paper wealth.Many small-time investors who got caught up in the mania as it peaked lost big. Timing a trade perfectly is nearly impossible even for the best stock pickers, so even those who made money missed out on far greater riches if they didn’t sell at the rally’s peak.Whether they set out to make a mint or make a point, these traders rode the GameStop wave up — and down.Shawn Daumer, 19, near his office in Crown Point, Ind. He said he sold his GameStop shares last week and walked away with more than $65,000 in profit.Credit...Evan Jenkins for The New York TimesMoney on the TableWhat do you do when you’re 19 and suddenly holding a quarter-million dollars in stock? Shawn Daumer went to Hooters.Armed with money partly from high school graduation gifts and winnings from trades on stocks like Tesla, Mr. Daumer had spent about $47,000on shares of GameStop the week before it went through the roof.It was Jan. 26 — just two days into GameStop’s big week— when he and his brother hit up Hooters, scarfed down 30 wings and got 10 more to go. Two days later, GameStop hit its intraday peak of $483 and Mr. Daumer, a real estate broker in Valparaiso, Ind., was holding 1,233 shares. He was up more than a half-million dollars on his initial investment.Mr. Daumer traced his interest in GameStop to the same place many others did: Reddit’s WallStreetBets forum, where armchair traders gather for raunchy jokes, tales of success and even to brag about enormous losses.Understand What Happened With GameStopShares in GameStop, the video retailer,have crashed from their January highs, which were driven by memes on social media.Amateur traders egging on one another on Redditbet heavily on shares of the company in January, sending the price up more than 1,700 percent at one point.The wave was in part aimed athurting large hedge funds that had been short selling — betting against — GameStop stock. Some of those fundsexperienced huge losses as a result.But many of the individual investors who pumped up the stock could lose huge amounts of money, too. Somebelieve the price will go back up and are refusing to sell, even as the share price has collapsed.Now, regulators are looking into how the rally started and whethernew rules should be created because of it.“Really the biggest part is once you see everybody buying shares day after day, and seeing it live on your own screen, and watching it go up,” Mr. Daumer said in the midst of GameStop’s surge. “It’s follow the trend, you know? If that’s the trend, follow it and it makes you money.”But GameStop’s stock abruptly turned down when the trading app Robinhood and other brokerage firms announced a slew of restrictions on the trading of a handful of stocks that had been spiking. Mr. Daumer had about $200,000 in potential profits evaporate almost immediately.“I’m still up 500 percent,” he said at the time. “I’m OK.” Besides, Mr. Daumer and his fellow Redditors believed GameStop would soar once more: “We’re going to $1,000,” he said.They never came close.Last week,as the stock plunged 72 percent in two days, he’d had enough. Mr. Daumer put in an order to sell on Tuesday afternoon, and the order was filled Wednesday morning at a price of $91.22.He walked away with more than $65,000 in profit, more than doubling his investment.Not everyone was so lucky.A Rude AwakeningNora Samir held her GameStop shares too long and lost more than half of what she invested.Credit...David Maurice Smith for The New York TimesIt seemed like a dream to Nora Samir.She woke up in the middle of the night of Jan. 27 at her home in Sydney. On the other side of the world, GameStop was soaring.The $735 she’d put in the day before had doubled. She raced downstairs to tell her mother, who was sleeping.“Nora, don’t be greedy,” her mother warned. “You need to take it out.”But Ms. Samir, 24, a child-health researcher at the University of New South Wales and a stock market neophyte,didn’t sell — she bought.After investing about $800 more, she owned just over nine shares of GameStop. She later plowed $1,800 into BlackBerry, the cellphone maker that once dominated mobile email and hadbeen swept up in the frenzy.“I was on a high,” she admitted. “When the stock is going up, you don’t think of how low it can go.”The high didn’t last long — and the fall was made worse when her trading app crashed, leaving her with little choice but to hold on while GameStop shares plunged.She managed to sell one share on the way down, for $134. The shares she still owned on Friday were worth $528. She’s lost more than half what she put into GameStop.The lesson, Ms. Samir said: “Don’t be greedy.”You Only Live OnceJacob Chalfant, a high school senior from Westfield, N.J., enjoyed how his “diamond hands” were putting the squeeze on Wall Street’s hedge funds.A poster on WallStreetBets since he was 15, Mr. Chalfant, now 18, relished the GameStop rally for the pressure it put on firms like Melvin Capital, which had bet that GameStop’s shares would fall.In the parlance of Reddit, Mr. Chalfant’s diamond-hard hands won’t fold, unlike the “paper hands” of sellers. He’s still holding the shares he bought for $1,035 — about a month’s wages from his job at a pizza shop and his freelance photography business — when GameStop was trading at $290. On Friday, his investment was worth $220.“I’ve come to terms with the fact that I’ve already lost the money,” he said. “Realistically, the stock is not going to go where it was before.”But the losses are an investment, too, Mr. Chalfant said. They’ve earned him “internet points” on WallStreetBets. “If you’re saying, ‘I’m still holding,’ you have more clout than if you didn’t,” he said.(Many on the WallStreetBets forum insist that GameStop’s shares may surge again. On the other hand, another Reddit forum opened last week where users share tales of losses from trading the stock whose ticker symbol is GME: GMEbagholdersclub.)Mr. Chalfant said he and other teenage traders enjoy the gamification of the investing, and many of his friends had gotten in on GameStop just because they thought it was funny, not to make money.“We’re living in a system where there’s no such thing as justice anymore and the entire world is falling apart,” Mr. Chalfant said. “Nothing really matters, so we might as well try to have fun while we’re here.”Collateral DamageTerrell Jones didn’t need to invest in GameStop to lose money off the frenzy.Mr. Jones, a college student from Kenosha, Wis., bought $300 in shares of AMC, the movie theater chain whose stock was also swept up in the attempt to squeeze the short sellers who profit as stocks decline.“I just got caught up in the social media hype and just dove right into it,” he said. “I fell for it.”When AMC started to fall and he had lost $112, Mr. Jones, 24, panicked.“I just had to get out of there as soon as possible,” he said. “It’s a lot of money, we’re in the middle of a pandemic and I have rent that needs to be paid.”Mr. Jones, 24, had never invested in the stock market before. Now, though, he feels that he learned a lesson.“I realized pretty quick that people like me were up against those billionaires,” he said. “And at the end of the day, those people always find a way to win.”Losing His Head“This is money I have already written off,” said C. Arthur Davitt, who lives in Chicago.Credit...Lyndon French for The New York TimesOrdinarily, C. Arthur Davitt is a model of financial discipline.He automatically sweeps $200 a month into an index fund, saves enough to get a company match on his 401(k) and has been aggressively paying down his $35,000 in graduate school debt.But Mr. Davitt, 29, thought it might be fun to get in on some of the skyrocketing stocks. He put less than $1,500 in GameStop and AMC — the GameStop portion is now down by nearly half, and his stake in AMC lost more than 20 percent.“I am not a gambler by nature,” he said, “and this is money I have already written off.”Mr. Davitt, who lives in Chicago and works for a company that provides worker assistance programs for employers, figures he might as well hold on to both companies. GameStop just named several new executives, which could help inject new life into the company, he said, and AMC could see a bounce once more people start venturing out of their homes.“If I didn’t like GameStop or AMC,” Mr. Davitt said, “I wouldn’t be finding this as enjoyable.”Another on the LineBy almost any measure, Mr. Daumer, the Indiana teenager, is one of the winners of the GameStop trade. He more than doubled his money, even if he didn’t score the biggest possible payday.“Do you fish?” he asked, searching for a way to explain the experience.When you’re fishing, he said, and you feel a tug on your line, it might be just a nibble or it might be a bite. If you wait to feel a stronger tug, you risk losing the fish you didn’t know you had.The peak, he said, was that kind of moment. He thought it was just a small nibble, and decided to wait.“The fish got away,” he said.But there are others out there to be hooked, he said. He’s already dabbling in shares of a penny stock, Castor Maritime, which is based in Cyprus. It’s up over 300 percent so far this year.What kind of business is the company in?“You know what? I wish I could tell you,” Mr. Daumer said. “I just like the numbers.”","news_type":1,"symbols_score_info":{"GME":0.9}},"isVote":1,"tweetType":1,"viewCount":589,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":888200391,"gmtCreate":1631496801113,"gmtModify":1631888371571,"author":{"id":"3576907825888639","authorId":"3576907825888639","name":"JerryChiang","avatar":"https://static.tigerbbs.com/537811c4027e5f1664a45ab303892cb1","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3576907825888639","idStr":"3576907825888639"},"themes":[],"title":"","htmlText":"Epic not giving up yet","listText":"Epic not giving up yet","text":"Epic not giving up yet","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/888200391","repostId":"2167306234","repostType":4,"isVote":1,"tweetType":1,"viewCount":567,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":107533428,"gmtCreate":1620520794564,"gmtModify":1634198329771,"author":{"id":"3576907825888639","authorId":"3576907825888639","name":"JerryChiang","avatar":"https://static.tigerbbs.com/537811c4027e5f1664a45ab303892cb1","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3576907825888639","idStr":"3576907825888639"},"themes":[],"title":"","htmlText":"Many IPO","listText":"Many IPO","text":"Many IPO","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/107533428","repostId":"1106882084","repostType":4,"isVote":1,"tweetType":1,"viewCount":416,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":817913379,"gmtCreate":1630896657691,"gmtModify":1631888371621,"author":{"id":"3576907825888639","authorId":"3576907825888639","name":"JerryChiang","avatar":"https://static.tigerbbs.com/537811c4027e5f1664a45ab303892cb1","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3576907825888639","idStr":"3576907825888639"},"themes":[],"title":"","htmlText":"Both are very good companies!","listText":"Both are very good companies!","text":"Both are very good companies!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/817913379","repostId":"1110543090","repostType":4,"isVote":1,"tweetType":1,"viewCount":670,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":179363149,"gmtCreate":1626487029281,"gmtModify":1633926334765,"author":{"id":"3576907825888639","authorId":"3576907825888639","name":"JerryChiang","avatar":"https://static.tigerbbs.com/537811c4027e5f1664a45ab303892cb1","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3576907825888639","idStr":"3576907825888639"},"themes":[],"title":"","htmlText":"It's an opportunity&nbsp;","listText":"It's an opportunity&nbsp;","text":"It's an 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yet","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/868851411","repostId":"2170614936","repostType":4,"isVote":1,"tweetType":1,"viewCount":4350,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0}],"lives":[]}