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JG_7
2021-11-08
$Tiger Brokers(TIGR)$
share for coins, like pls thanks [Smile]
JG_7
2021-12-09
Ok
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JG_7
2021-11-16
👍
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JG_7
2021-12-15
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JG_7
2021-09-10
$Data Storage Corp.(DTST)$
🚀🚀
JG_7
2021-12-19
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JG_7
2021-10-09
$Aterian Inc.(ATER)$
[Spurting] …….
JG_7
2021-10-05
$Aterian Inc.(ATER)$
Share for coins….[Sad]
JG_7
2021-09-15
Like pls
JG_7
2021-09-11
$Data Storage Corp.(DTST)$
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10:37","market":"us","language":"en","title":"Apple Stock: The Strongest Shield Against Rate Hikes<blockquote>苹果股票:抵御加息的最强盾牌</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1183475424","media":"Seeking Alpha","summary":"Summary\n\nWith inflation running its hottest course in 40 years, the Federal Reserve has decided to a","content":"<p><b>Summary</b></p><p><blockquote><b>总结</b></blockquote></p><p> <ul> <li>With inflation running its hottest course in 40 years, the Federal Reserve has decided to accelerate the stimulus tapering schedule and prepare for raising interest rates as early as March.</li> <li>While rate hikes have historically deterred investors from growth stocks due to concerns over eroding valuation prospects, the Apple stock has remained largely resilient.</li> <li>Apple is expected to realize additional upsides ahead, sustained by robust demand for its existing offerings and new opportunities arising from nascent technologies like AR/VR and autonomous vehicles.</li> <li>Its strong net cash position also provides sufficient dry powder to fund additional growth in coming years without incurring additional costs of capital amidst rising interest rates.</li> <li>As such, Apple's bullish thesis remains intact as it approaches a $3 trillion valuation, despite broader market valuation risks ahead.</li> </ul> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/fdf73ac36a98ce54b343c7e6b613f4d9\" tg-width=\"1536\" tg-height=\"1024\" width=\"100%\" height=\"auto\"><span>guvendemir/iStock Unreleased via Getty Images</span></p><p><blockquote><ul><li>随着通胀处于40年来最热的阶段,美联储决定加快刺激缩减时间表,并准备最早在3月份加息。</li><li>尽管由于担心估值前景恶化,加息历来会阻止投资者购买成长型股票,但苹果股票在很大程度上仍然具有弹性。</li><li>在对其现有产品的强劲需求以及 AR/VR 和自动驾驶汽车等新兴技术带来的新机遇的支持下,苹果预计将在未来实现额外的上涨空间。</li><li>其强劲的净现金状况也提供了足够的干粉来为未来几年的额外增长提供资金,而不会在利率上升的情况下产生额外的资本成本。</li><li>因此,尽管未来存在更广泛的市场估值风险,但苹果的看涨论点在其估值接近 3 万亿美元时仍然完好无损。</li></ul><p class=\"t-img-caption\"><span>guvendemir/iStock 未通过 Getty Images 发布</span></p></blockquote></p><p> As one of the world’s best performing stocks, Apple(NASDAQ:AAPL) has gained close to 40% this year. The stock, which last peaked at $182.13 not too long ago, is currently less than 7% from being the first U.S. publicly listed company to reach a $3 trillion market value and single-handedly accounts for about 15% of the tech-heavy Nasdaq 100’s performance. Apple’s market value has grown by more than 220x since the late 1990s, buoyed by the company’s continuous ability to capture robust demand for its innovative portfolio of products and services.</p><p><blockquote>作为全球表现最好的股票之一,苹果(纳斯达克股票代码:AAPL)今年上涨了近 40%。该股不久前曾触及 182.13 美元的最高点,目前距离成为第一家市值达到 3 万亿美元的美国上市公司还不到 7%,单枪匹马就占据了以科技股为主的纳斯达克 100 指数业绩的约 15%。自 20 世纪 90 年代末以来,苹果的市值增长了 220 多倍,这得益于该公司持续能够抓住对其创新产品和服务组合的强劲需求。</blockquote></p><p> And Apple’s strong fundamentals are expected to help the stock defy adverse impacts from the imminent rate hikes beginning next year. With inflation running at its hottest in almost four decades, the Federal Reserve decided Wednesday that it will increase the pace at which it is dialing back on the $120 billion monthly bond repurchasing program from $15 billion per month, which began in November, to $30 billion per month. This would effectively conclude the stimulus program, put in place at the onset of the pandemic, coming March, rather than in July as initially planned. Rate hikes are expected to begin soon after to counter rising price pressures, with Federal Reserve Chair Jerome Powell affirming that the process will only begin after tapering ends and at a gradual pace. The latest dot plot indicates potential for the Federal Fund Rate to lift-off from near-zero beginning early 2022 with three quarter-point increases, plus another three in 2023 and two more in 2024. If materialized, the process would up the funds rate to 2.1% by 2024.</p><p><blockquote>苹果强劲的基本面有望帮助该股抵御明年开始即将加息带来的不利影响。随着通胀达到近四十年来的最高点,美联储周三决定加快每月 1200 亿美元债券回购计划的步伐,从 11 月开始的每月 150 亿美元降至每月 300 亿美元。这将有效地结束疫情爆发时实施的刺激计划,即明年3月,而不是最初计划的7月。加息预计将很快开始,以应对不断上升的价格压力,美联储主席杰罗姆·鲍威尔确认,这一过程只有在缩减规模结束后才会开始,并且步伐渐进。最新的点阵图表明,联邦基金利率有可能从 2022 年初的接近于零的水平上升,并上调三个四分之一点,2023 年再上调三个四分之一点,2024 年再上调两个。如果实现,到 2024 年,这一过程将把基金利率提高到 2.1%。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/2ef3ca2d04c1b55a465e12bfae79890e\" tg-width=\"640\" tg-height=\"315\" width=\"100%\" height=\"auto\"><span>Source: Bloomberg</span></p><p><blockquote><p class=\"t-img-caption\"><span>资料来源:彭博社</span></p></blockquote></p><p> While rate hikes typically cause investors to turn risk averse due to concerns over faster erosion of value on future gains and stalled business growth due to rising costs of capital, especially for high-growth stocks, Apple gained close to 3% upon release of the Fed’s update on policy tightening. The stock closed at $179.30 on December 15th, nearing its peak of $182 on Monday. Apple’s rally, along with similar uptrends observed across other mega-cap tech stocks, accordingly drove intra-day gains of 2.4% for the Nasdaq 100 following the Federal Reserve’s update, indicating investors’ preference to park their money in companies with robust growth prospects to counter risks from the impending rate increases.</p><p><blockquote>虽然加息通常会导致投资者规避风险,因为他们担心未来收益的价值会更快地受到侵蚀,而且由于资本成本上升(尤其是高增长股票)导致业务增长停滞,但在美联储发布紧缩政策的最新消息后,苹果股市上涨了近3%。该股12月15日收于179.30美元,接近周一182美元的峰值。在美联储发布最新消息后,苹果的反弹以及其他大型科技股的类似上升趋势相应地推动了纳斯达克 100 指数盘中上涨 2.4%,这表明投资者更倾向于将资金投入增长前景强劲的公司,以应对即将加息带来的风险。</blockquote></p><p> With the coming holiday season a boon for Apple’s December-quarter sales, the stock’s valuation is expected to enter in the $3 trillion territory sooner than expected. Continued robust demand observed across Apple’s entire product line, generous share buy-backs, and additional revenue contributions expected within the foreseeable future resulting from new, cutting-edge products will also be key catalysts to support the company’s persistently strong fundamentals and keep the stock’s valuation above $3 trillion despite the impending rate hikes. Considering recent developments to the broader market and Apple’s growth prospects, we are raising our 12-month price target for the stock to $209.43.</p><p><blockquote>随着即将到来的假日季对苹果 12 月季度的销售额有利,该股估值预计将比预期更早进入 3 万亿美元大关。苹果整个产品线的持续强劲需求、慷慨的股票回购,以及预计在可预见的未来,新的尖端产品将带来额外的收入贡献,也将成为支撑公司持续强劲基本面的关键催化剂,并在即将加息的情况下将使股票估值保持在 3 万亿美元以上。考虑到大盘的近期发展和苹果的增长前景,我们将该股的 12 个月目标价上调至 209.43 美元。</blockquote></p><p> <b>FY 2021 Overview and Recap of Fundamental Prospects</b></p><p><blockquote><b>2021财年概述及基本前景回顾</b></blockquote></p><p></p><p> Fiscal 2021 was a big year for Apple. The company’s revenues for the year grew 33% from fiscal 2020 to $366 billion, despite on-and-off store closures resulting from recurring coronavirus outbreaks and supply chain constraints that have led to more than $9 billion in lost sales. Every product and service segment achieved record-setting revenues with more than 20% growth from previous year results. Much of the year’s success were attributable to a series of new product launches and feature upgrades. The most notable of which included the 5G-enabled family of iPhone 12s and iPhone 13s, as well as the M1-powered MacBook Pro and iPad Pro.</p><p><blockquote>2021财年对苹果来说是重要的一年。尽管冠状病毒反复爆发和供应链限制导致门店断断续续关闭,导致销售额损失超过 90 亿美元,但该公司全年的收入比 2020 财年增长了 33%,达到 3660 亿美元。每个产品和服务部门都实现了创纪录的收入,比上一年的业绩增长了20%以上。今年的成功很大程度上归功于一系列新产品的发布和功能的升级。其中最引人注目的包括支持5G的iPhone 12s和iPhone 13s系列,以及支持M1的MacBook Pro和iPad Pro。</blockquote></p><p> <b>Key Developments in Products</b></p><p><blockquote><b>产品的主要发展</b></blockquote></p><p> iPhone sales grew by 39% this year, the most amongst other segments, and drove more than half of Apple’s fiscal 2021 revenues. The results were a stark contrast to last year’s slump in demand for the mobile device when consumers braced for pandemic-driven economic uncertainties. iPhone sales are expected to remain robust in coming years as global 5G device upgrades continue to gather pace. The likely launch of a more affordable 5G-enabled iPhone SE in 2022 is also expected to further Apple’s market share gains by attracting switchers from “more than a billion non-premium Android users”, and drive the active installed base to another all-time high. The anticipated momentum is further corroborated by iPhone sales patterns observed in recent quarters following the launch of 5G-enabled iPhone 12s and iPhone 13s, where the number of upgraders and switchers grew by strong double digits. Apple’s strong ties with cell-phone carriers is also expected to drive meaningful iPhone sales contributions in coming years. Reputable wireless carriers in the U.S. like Verizon and AT&T have already been keen on promoting the sale of 5G-enabled devices like the iPhone 12 and iPhone 13 to encourage migration to the 5G network that they have spent billions of dollars on building across the nation. Telecom companies around the world are expected to spend more than $700 billion over the next five years on building-out the 5G network, underscoring significant additional growth opportunities ahead for the iPhone segment as carriers push for the strongest multiyear upgrade cycle in a decade to recoup their investments.</p><p><blockquote>iPhone 今年的销量增长了 39%,是其他细分市场中增长最快的,并贡献了苹果 2021 财年一半以上的收入。这一结果与去年移动设备需求的下滑形成了鲜明对比,当时消费者正在为大流行病带来的经济不确定性做好准备。随着全球5G设备升级步伐不断加快,iPhone销售预计将在未来几年保持强劲。2022 年可能会推出更实惠的支持 5G 的 iPhone SE,这也将吸引 “超过 10 亿非高端安卓用户 ”的转换用户,从而进一步扩大苹果的市场份额,并将活跃安装基数推向历史新高。在支持 5G 的 iPhone 12s 和 iPhone 13s 推出后,最近几个季度观察到的 iPhone 销售模式进一步证实了预期的势头,升级和切换用户的数量强劲增长了两位数。苹果与手机运营商的紧密联系预计也将在未来几年推动 iPhone 的销售贡献。威瑞森和美国电话电报公司等美国知名无线运营商已经热衷于促进iPhone 12和iPhone 13等支持5G的设备的销售,以鼓励向他们花费数十亿美元在全国范围内建设的5G网络迁移。预计全球电信公司将在未来五年内花费超过7000亿美元建设5G网络,这凸显了随着运营商推动十年来最强劲的多年升级周期以收回投资,iPhone领域未来的巨大增长机会。</blockquote></p><p> Mac and iPad sales also grew significantly in fiscal 2021, reaching record revenues of $35.2 billion and $31.9 billion, respectively. Following the introduction of the all-new M1-powered iMac earlier this year, Apple also unveiled the reimagined M1-Pro / M1-Max powered MacBook Pro in October. The custom M1 processors made the newest MacBook “better than any Intel-based device for nearly every productivity use case outside of gaming”. This accordingly drove incredible demand for the portable workstation from a diverse group of consumers, ranging from professional creators and photographers to corporate users and students. The company is estimated to have shipped over 3.2 million units of Mac products during the September quarter, which drove record-setting revenues for the segment, while boosting its rank in global PC sales to fourth place amongst other vendors. The introduction of M1-processors in Apple’s computing products also bolstered its position in capitalizing on the surge in global demand for PCs and multi-purpose tablets by allowing the company to build devices with innovative features that can be seamlessly integrated across its ecosystem of peripheral accessories and services to draw adjacent revenues. With accelerated adoption of hybrid work and study arrangements in the post-pandemic era, global demand for portable workstations like PCs and multi-purpose tablets are expected to remain elevated in coming years – the sectors are expected to grow into a $224.3 billion and$600 billion market, respectively, by 2025, which makes favorable trends for Apple’s Mac and iPad segments.</p><p><blockquote>Mac 和 iPad 销量在 2021 财年也大幅增长,收入分别达到创纪录的 352 亿美元和 319 亿美元。继今年早些时候推出全新M1驱动的iMac后,苹果还在10月份推出了重新设计的M1-Pro/M1-Max驱动的MacBook Pro。定制的 M1 处理器使最新的 MacBook “在游戏以外的几乎所有生产力用例上都优于任何基于英特尔的设备”。这相应地推动了不同消费者群体对便携式工作站的巨大需求,从专业创作者和摄影师到企业用户和学生。据估计,该公司在 9 月份季度的 Mac 产品出货量超过 320 万台,推动了该部门创纪录的收入,同时将其在全球 PC 销量中的排名提升至其他供应商的第四位。在苹果的计算产品中引入 M1 处理器也巩固了其在利用全球对 PC 和多功能平板电脑需求激增的优势方面的地位,使该公司能够制造具有创新功能的设备,这些设备可以在其外围配件和服务生态系统中无缝集成,从而吸引相关收入。随着后大流行病时代混合工作和学习安排的加速采用,预计未来几年全球对个人电脑和多功能平板电脑等便携式工作站的需求将保持高位--到 2025 年,这两个行业的市场预计将分别增长到 2,243 亿美元和 6,000 亿美元,这将为苹果的 Mac 和 iPad 细分市场带来有利趋势。</blockquote></p><p> Recent speculations on Apple’s intentions to strengthen its in-house chip development capacity will likely further the advancement of its technologies offered in coming years and draw additional demand to its products. The company is currently looking for engineers to build-out its capacity in the development of “wireless radios, radio-frequency integrated circuits, and a wireless system-on-chip (“SoC”)”, as well as “semiconductors for connecting Bluetooth and Wi-Fi”. These developments are expected to further enhance seamless integration across Apple’s devices and increase stickiness to its ecosystem of product and service offerings, making its chip unit one of the company’s “most prized assets”.</p><p><blockquote>最近有猜测称,苹果有意加强其内部芯片开发能力,这可能会在未来几年进一步推动其技术的进步,并吸引对其产品的更多需求。该公司目前正在寻找工程师,以增强其在 “无线收音机、射频集成电路和无线片上系统(“SoC”)”以及 “用于连接蓝牙和 Wi-Fi 的半导体”方面的开发能力。这些发展有望进一步增强苹果设备之间的无缝集成,并增加其产品和服务生态系统的粘性,使其芯片部门成为公司 “最宝贵的资产 ”之一。</blockquote></p><p> <b>Key Developments in Services</b></p><p><blockquote><b>服务的主要发展</b></blockquote></p><p></p><p> On the services front, a strong subscriber base had enabled the segment to hit record-setting revenues of more than $68.4 billion in fiscal 2021, up 27% from the prior year. To date, Apple has garnered more than 745 million paid subscribers across its high-margin service offerings, representing a five-fold increase over the last five years. Apple’s increasing push for a subscription-based business model across its wide variety of service platforms, ranging from Apple Music to iCloud storage solutions, paired with attractive new offerings that address key consumer trends in recent years have been a key driver to the company’s fast-expanding margins. New exciting add-on features introduced for existing service platforms include Spatial Audio and Lossless Audiofor Apple Music and the Apple Music Voice Plan. The new subscription-based offerings are expected to further Apple’s reach to adjacent opportunities stemming from increasing global usage of smartphones, laptops and other advanced home electronic products – for instance, the global music streaming market is expected to expand at a CAGR of 16% towards a projected value of $61 billion over the next five years, underscoring significant growth headroom for Apple Music. And Apple’s latest introduction of the Apple One bundle is expected to be a key contributor to furthering service segment sales in coming years by attracting new users to pay for subscription services that they otherwise would not have had it not been for the bundle discounts.</p><p><blockquote>在服务方面,强大的用户群使该部门在 2021 财年的收入创下了超过 684 亿美元的纪录,比上一年增长了 27%。迄今为止,苹果通过其高利润服务产品获得了超过 7.45 亿付费用户,比过去五年增长了五倍。苹果在其从苹果音乐到 iCloud 存储解决方案等各种服务平台上不断推行基于订阅的商业模式,再加上近年来针对主要消费趋势的有吸引力的新产品,一直是该公司利润率快速增长的关键驱动力。为现有服务平台引入的令人兴奋的新附加功能包括苹果音乐的空间音频和无损音频以及苹果音乐语音计划。新的基于订阅的产品有望进一步扩大苹果对智能手机、笔记本电脑和其他先进家用电子产品全球使用量不断增加所带来的邻近机遇的影响力--例如,全球音乐流媒体市场预计将在未来五年内以 16% 的复合年增长率扩大,预计价值将达到 610 亿美元,这凸显了苹果音乐的巨大增长空间。苹果最新推出的苹果 One 捆绑包预计将在未来几年吸引新用户为订阅服务付费,而如果不是捆绑包折扣,他们是不会购买这些服务的。</blockquote></p><p> Continued growth in market demand for mobile applications will also be a boon to Apple’s fast-growing services segment. The global market for mobile applications is expected to grow at a CAGR of 18.4% and reach a market value of more than $400 billion over the next five years. With AAPL hosting one of the largest and most used app stores in the world, it would be reasonable to assume that related revenues would grow at a similar pace. Despite mounting global regulatory scrutiny over Apple’s alleged antitrust violations with its App Store – the most notable of which stemming from an ongoing legal battle with Epic Games– the company’s continued focus on ensuring user privacy, security, and ease of transactions might have saved the day. According to a survey of 4,000 Apple product users performed by Morgan Stanley across the U.S. and China, most have indicated loyalty to Apple’s App store due to the “value of security, privacy and ease of transactions” provided, despite developers pushing for rights to transact outside of Apple’s ecosystem. Apple’s recent success in delaying App Store changes ordered by U.S. District Judge Yvonne Gonzalez Rogers in September as part of a year-long lawsuit brought against by Epic Games is another sign of the App Store’s continued strength. The company has argued that the court-mandated order to allow App Store users to “buy directly from developers on the web” would be a threat to the security of their privacy.</p><p><blockquote>移动应用市场需求的持续增长也将有利于苹果快速增长的服务部门。全球移动应用市场预计将以18.4%的CAGR增长,未来五年市值将超过4000亿美元。由于 AAPL 拥有世界上最大、使用最广泛的应用商店之一,因此可以合理地假设相关收入将以类似的速度增长。尽管全球监管机构对苹果的 App Store 涉嫌违反反垄断规定的审查越来越多--其中最引人注目的是与 Epic Games 正在进行的法律诉讼--但该公司继续专注于确保用户隐私、安全和交易便利性可能已经挽救了局面。根据摩根士丹利在美国和中国大陆对 4000 名苹果产品用户进行的调查,大多数人对苹果的应用商店表示忠诚,因为该商店提供了 “安全、隐私和易于交易的价值”,尽管开发者正在推动在苹果生态系统之外进行交易。苹果最近成功推迟了美国地区法官伊冯娜-冈萨雷斯-罗杰斯(Yvonne Gonzalez Rogers)9 月份下令对 App Store 进行的更改,这是 Epic Games 对其提起长达一年的诉讼的一部分,这也是 App Store 持续强大的又一迹象。该公司辩称,法院下令允许 App Store 用户 “直接从网络上的开发者那里购买 ”,这将对他们的隐私安全构成威胁。</blockquote></p><p> Currently, developers are fighting for their rights to have app users transact outside of Apple’s ecosystem, which charges developers a hefty commission fee of up to 30% on all purchases. As Apple continues with its appeal of the ruling, the ultimate court decision on whether App Store changes would need to be implemented could take at least another year. But even with an unfavorable ruling, where Apple would have to allow developers to redirect users to payments outside of its ecosystem and/or lower its in-app purchase commission rate, App Store revenues are only expected to decrease by at most $4 billion per year which will not place a material impact on its valuation prospects. The actual quantified impact might even be less than what the market has forecasted, considering the value that App Store users have ascribed to the level of security and convenience that Apple has offered through the platform.</p><p><blockquote>目前,开发者正在争取让应用程序用户在苹果生态系统之外进行交易的权利,该生态系统向开发者收取高达 30% 的高额佣金。随着苹果继续对该裁决提出上诉,法院关于是否需要实施 App Store 变更的最终裁决可能至少还需要一年时间。但即使做出不利的裁决,苹果将不得不允许开发者将用户重定向到其生态系统之外的支付和/或降低其应用内购买佣金率,App Store的收入预计每年最多也只会减少40亿美元,这不会对其估值前景产生重大影响。考虑到 App Store 用户对苹果通过该平台提供的安全性和便利性水平的重视,实际量化影响甚至可能低于市场预测。</blockquote></p><p> <b>Key Catalysts Ahead</b></p><p><blockquote><b>未来的关键催化剂</b></blockquote></p><p></p><p> Apple is undoubtedly a key gateway to bringing emerging technologies to the mainstream due to its massive installed base of devices and related service platform users. And because of this, the highly anticipated launch of cutting-edge products like AR/VR headsets and autonomous vehicles in coming years will likely catapult the stock to new heights. The pioneer of disruptive consumer electronics and devices is expected to launch a VR headset and AR glasses by early 2023, a nascent technology that has been picking up steam in recent months with increasing talks of the metaverse. Similar to most VR headsets already available in the market, Apple’s will feature a 3D display to enable an immersive environment for a variety of activities from gaming to communicating. The differentiating factor will be the company’s plans to implement best-in-class graphics chips in the device to facilitate ultra-high-resolution displays. The impending VR headset will ultimately lay the foundation for its AR glasses, which Apple expects to be the “larger opportunity”.</p><p><blockquote>由于其庞大的设备安装基数和相关服务平台用户,苹果无疑是将新兴技术带入主流的关键门户。正因为如此,未来几年备受期待的AR/VR耳机和自动驾驶汽车等尖端产品的推出可能会将该股推向新的高度。这家颠覆性消费电子产品和设备的先驱预计将于 2023 年初推出 VR 耳机和 AR 眼镜,这项新兴技术近几个月来随着有关元宇宙的讨论越来越多,势头强劲。与市场上已有的大多数 VR 头显类似,苹果的 VR 头显将采用 3D 显示屏,为从游戏到交流等各种活动提供身临其境的环境。该公司计划在设备中采用一流的图形芯片,以实现超高分辨率显示屏。即将推出的 VR 头显最终将为其 AR 眼镜奠定基础,苹果预计这将是 “更大的机会”。</blockquote></p><p> Over the next five years, opportunities pertaining to the metaverse are expected to blossom into an $800 billion market. Related software and service sales are expected to drive more than 70% of the projected addressable market, while the remainder will likely be driven by hardware sales. This makes strong tailwinds for Apple, which does not only stand to capitalize on growing metaverse opportunities through the sale of its impending AR/VR headset, but also adjacent revenues pertaining to the usage of related apps, software and service platforms.</p><p><blockquote>未来五年,与元宇宙相关的机会预计将发展成为一个价值 8000 亿美元的市场。相关软件和服务销售预计将推动预计潜在市场的 70% 以上,而其余部分可能由硬件销售推动。这为苹果带来了强劲的推动力,该公司不仅可以通过销售即将推出的 AR/VR 耳机来利用不断增长的元宇宙机会,还可以利用与使用相关应用程序、软件和服务平台相关的相关收入。</blockquote></p><p> Speculations on Apple’s ongoing development of a self-driving electric car is also expected to materialize into meaningful upsides for the stock within the foreseeable future. The company is now planning to launch the new product category by 2025, at which time the global autonomous vehicle market is expected to reach a value of more than $200 billion. The eventual car will likely feature homages to its existing product portfolio, like an “iPad-like touch screen” infotainment system. And on the technology front, Apple is believed to have completed the development of a custom silicon for powering the vehicle’s autonomous driving capabilities. The newest chips will soon be implemented into its existing fleet of retrofitted SUVs for testing in California according to the state’s DMV, a sign that the impending launch is near.</p><p><blockquote>在可预见的未来,关于苹果正在开发自动驾驶电动汽车的猜测也有望为该股带来有意义的上涨空间。该公司目前计划在2025年前推出新产品类别,届时全球自动驾驶汽车市场价值预计将超过2000亿美元。最终推出的汽车很可能会向其现有的产品组合致敬,比如 “类似 iPad 的触摸屏 ”信息娱乐系统。在技术方面,据信苹果已经完成了为汽车自动驾驶功能提供动力的定制硅的开发。据加州车管所称,最新芯片将很快应用于其现有的改装 SUV 车队,以便在加州进行测试,这表明即将推出的芯片即将到来。</blockquote></p><p> While Apple’s current market value may already be reflective of “consistent material revenue contributions from new products and services over time”, additional upsides from the above-mentioned new product category launches are still missing. But this will likely change within the next 12 months as the impending launch of an Apple AR/VR device draws near. Near-term projections on early AR/VR device sales are expected to boost Apple’s valuation by at least $150 billion. And over time when metaverse trends continue to gain mainstream traction, Apple is expected to generate more than $200 billion in annual revenues from the AR/VR segment, which could add another 15% on top of its current market value.</p><p><blockquote>虽然苹果目前的市值可能已经反映了 “随着时间的推移,新产品和服务对收入的持续贡献”,但上述新产品类别的推出仍未带来额外的好处。但随着苹果AR/VR设备即将推出,这种情况可能会在未来12个月内发生变化。对早期 AR/VR 设备销售的近期预测预计将使苹果的估值至少提高 1500 亿美元。随着时间的推移,随着元宇宙趋势继续获得主流牵引力,苹果预计将从 AR/VR 领域产生超过 2000 亿美元的年收入,这可能会在其当前市值的基础上再增加 15%。</blockquote></p><p> <b>Valuation Prospects and Potential Impacts from the Impending Rate Increases</b></p><p><blockquote><b>即将加息的估值前景和潜在影响</b></blockquote></p><p> Adjusting our most recent forecast for Apple’s fiscal 2021 year-end results and December-quarter guidance, our base case projection estimates total net sales of $439.3 billion by the end of fiscal 2022, with further growth towards $668.5 billion by fiscal 2026. The growth assumptions applied across segment revenues in our forecast remains largely unchanged from our most recent analysis on the stock, with additional consideration for management’s near-term outlook on supply constraint impacts and the impending rate hikes. Specifically, lost revenues of $9 billion (i.e. approximately $3 billion during June-quarter and $6 billion during September-quarter) attributable to industry-wide chip shortages and pandemic-driven manufacturing delays during the second half of fiscal 2021 is expected to worsen into the first half of fiscal 2022. While there have been observed improvements to supply chain challenges, continuously robust demand for Apple products is what will drive a higher volume of lost sales in coming quarters. Nonetheless, Apple remains well-positioned for strong fundamentals ahead, which will help to alleviate some of investors’ concerns on valuation due to impending rate hikes.</p><p><blockquote>调整我们对苹果 2021 财年年终业绩和 12 月份季度指引的最新预测后,我们的基本案例预测预计到 2022 财年末,净销售总额将达到 4393 亿美元,到 2026 财年将进一步增长至 6685 亿美元。在我们的预测中,各部门收入的增长假设与我们最近对该股的分析基本保持不变,但还额外考虑了管理层对供应紧张影响和即将加息的近期展望。具体来说,2021 财年下半年全行业芯片短缺和大流行导致的制造延误造成的 90 亿美元收入损失(即 6 月份季度约 30 亿美元,9 月份季度约 60 亿美元)预计将恶化到 2022 财年上半年。虽然供应链挑战有所改善,但对苹果产品的持续强劲需求将推动未来几个季度销售额的增加。尽管如此,苹果未来的基本面依然强劲,这将有助于缓解投资者因即将加息而对估值的一些担忧。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/b5aa95136cfca6f95b962ea36eadab74\" tg-width=\"640\" tg-height=\"257\" width=\"100%\" height=\"auto\"></p><p><blockquote></blockquote></p><p> <i>i. Base Case Financial Projections:</i></p><p><blockquote><i>i. 基本情况财务预测:</i></blockquote></p><p></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/6585b165abd25fab7d171dd944d05156\" tg-width=\"640\" tg-height=\"316\" width=\"100%\" height=\"auto\"><span>Source: Author, with data from our internal financial forecast (Apple_-_Forecasted_Financial_Information.pdf). Please refer here for further detail on material growth assumptions applied.</span></p><p><blockquote><p class=\"t-img-caption\"><span>资料来源:作者,数据来自我们的内部财务预测(Apple_-_Forecasted_Financial_Information.pdf)。有关应用的重大增长假设的进一步详情,请参阅此处。</span></p></blockquote></p><p> Drawing on the above considerations, our 12-month price target for the Apple stock has been revised to $209.43. This represents upside potential of more than 22% based on the last traded price of $171.14 on December 17th.</p><p><blockquote>基于上述考虑,我们对苹果股票的 12 个月目标价已修正至 209.43 美元。根据 12 月 17 日最后交易价格 171.14 美元计算,这意味着超过 22% 的上涨潜力。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/e88e904b5b900fbcdf4541d856570e2d\" tg-width=\"640\" tg-height=\"230\" width=\"100%\" height=\"auto\"><span>Source: Author, with data from our internal valuation analysis.</span></p><p><blockquote><p class=\"t-img-caption\"><span>资料来源:作者,数据来自我们的内部估值分析。</span></p></blockquote></p><p> The revised price target is derived using a discounted cash flow (“DCF”) analysis over a ten-year discrete period in conjunction with the financial projections updated for Apple’s recent developments as analyzed in earlier sections. Similar to our original valuation analysis, we have applied a WACC of 8% to discount Apple’s projected free cash flows. The discount function is reflective of the company’s risk profile, taking into consideration its current capital structure and strong balance sheet. Apple’s cost of capital for growth is not expected to change significantly as a result of the impending rate hikes, considering a large portion of its existing debt are fixed-rate notes. The company also boasts a consistently robust net cash position, in which management intends to deploy towards additional growth without having to incur incremental capital costs ahead of interest rate increases. This is expected to further cement investors’ confidence in the Apple stock, as they continue their “flight to quality” amidst fear of broader market pressure from rising interest rates.</p><p><blockquote>修订后的价格目标是使用十年离散期间的贴现现金流(“DCF”)分析,结合前面章节分析的苹果近期发展的最新财务预测得出的。与我们最初的估值分析类似,我们采用了 8% 的 WACC 来贴现苹果的预计自由现金流。考虑到公司目前的资本结构和稳健的资产负债表,贴现函数反映了公司的风险状况。考虑到苹果现有债务中有很大一部分是固定利率票据,预计其增长的资本成本不会因即将加息而发生重大变化。该公司还拥有持续强劲的净现金状况,管理层打算在利率上升之前部署额外增长,而不必承担额外的资本成本。预计这将进一步增强水泥投资者对苹果股票的信心,因为他们在担心利率上升会带来更广泛的市场压力的情况下,继续 “向优质方向飞奔”。</blockquote></p><p> The valuation analysis also assumes an exit multiple of 19.8x, which is consistent with current market expectations on Apple’s growth trajectory over the forecasted period. The applied exit multiple assumption could even improve further within the next 12 months, considering the impending launch of new product segments like AR/VR devices and autonomous vehicles, and offset any potential impacts from the upcoming increases to interest rates.</p><p><blockquote>估值分析还假设退出倍数为 19.8 倍,这与当前市场对苹果在预测期内增长轨迹的预期一致。考虑到AR/VR设备和自动驾驶汽车等新产品细分市场即将推出,所应用的退出倍数假设甚至可能在未来12个月内进一步改善,并抵消即将到来的加息带来的任何潜在影响。</blockquote></p><p> <i>i. Base Case Valuation Analysis:</i></p><p><blockquote><i>一、基本案例估值分析:</i></blockquote></p><p> <img src=\"https://static.tigerbbs.com/81f992ef8b2b59ea879f69a7b1e7ad52\" tg-width=\"640\" tg-height=\"300\" width=\"100%\" height=\"auto\"></p><p><blockquote></blockquote></p><p> <i>ii. Sensitivity Analysis:</i></p><p><blockquote><i>ii.敏感性分析:</i></blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/da8b21dae04fd263929ab26bd8d83907\" tg-width=\"640\" tg-height=\"337\" width=\"100%\" height=\"auto\"><span>Source: Author, with data from our internal valuation analysis.</span></p><p><blockquote><p class=\"t-img-caption\"><span>资料来源:作者,数据来自我们的内部估值分析。</span></p></blockquote></p><p> <b>Conclusion</b></p><p><blockquote><b>结论</b></blockquote></p><p> Based on the foregoing analysis, the anticipated addition of 175 to 200 basis points to the current near-zero Federal Fund Rate over the next two years is not expected to cause material adverse impacts to Apple’s performance from both a fundamental and valuation perspective. Robust global demand for Apple products and services, paired with new innovations are expected to further bolster the company’s fundamental growth prospects. This would accordingly bring additional improvements to Apple’s balance sheet, and further strengthen its position against downward valuation pressures from broader macro headwinds. In fact, increasing demand for quality growth stocks to counter risks resulting from the impending rate hikes might even fuel Apple’s valuation growth momentum. On these considerations, Apple remains one of the best-performing tech stocks to own given its robust uptrend to $3 trillion in the near-term despite impending rate hikes.</p><p><blockquote>根据上述分析,从基本面和估值角度来看,预计未来两年在目前接近于零的联邦基金利率基础上增加 175 至 200 个基点,预计不会对苹果的业绩造成重大不利影响。全球对苹果产品和服务的强劲需求,加上新的创新,预计将进一步提振公司的基本增长前景。因此,这将进一步改善苹果的资产负债表,并进一步加强其抵御更广泛宏观逆风带来的估值下行压力的地位。事实上,为应对即将加息带来的风险,对优质成长型股票的需求不断增加,甚至可能推动苹果的估值增长势头。出于这些考虑,尽管即将加息,但苹果仍然是表现最好的科技股之一,因为其近期仍呈现强劲上升趋势,达到 3 万亿美元。</blockquote></p><p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Apple Stock: The Strongest Shield Against Rate Hikes<blockquote>苹果股票:抵御加息的最强盾牌</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nApple Stock: The Strongest Shield Against Rate Hikes<blockquote>苹果股票:抵御加息的最强盾牌</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Seeking Alpha</strong><span class=\"h-time small\">2021-12-20 10:37</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>With inflation running its hottest course in 40 years, the Federal Reserve has decided to accelerate the stimulus tapering schedule and prepare for raising interest rates as early as March.</li> <li>While rate hikes have historically deterred investors from growth stocks due to concerns over eroding valuation prospects, the Apple stock has remained largely resilient.</li> <li>Apple is expected to realize additional upsides ahead, sustained by robust demand for its existing offerings and new opportunities arising from nascent technologies like AR/VR and autonomous vehicles.</li> <li>Its strong net cash position also provides sufficient dry powder to fund additional growth in coming years without incurring additional costs of capital amidst rising interest rates.</li> <li>As such, Apple's bullish thesis remains intact as it approaches a $3 trillion valuation, despite broader market valuation risks ahead.</li> </ul> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/fdf73ac36a98ce54b343c7e6b613f4d9\" tg-width=\"1536\" tg-height=\"1024\" width=\"100%\" height=\"auto\"><span>guvendemir/iStock Unreleased via Getty Images</span></p><p><blockquote><ul><li>随着通胀处于40年来最热的阶段,美联储决定加快刺激缩减时间表,并准备最早在3月份加息。</li><li>尽管由于担心估值前景恶化,加息历来会阻止投资者购买成长型股票,但苹果股票在很大程度上仍然具有弹性。</li><li>在对其现有产品的强劲需求以及 AR/VR 和自动驾驶汽车等新兴技术带来的新机遇的支持下,苹果预计将在未来实现额外的上涨空间。</li><li>其强劲的净现金状况也提供了足够的干粉来为未来几年的额外增长提供资金,而不会在利率上升的情况下产生额外的资本成本。</li><li>因此,尽管未来存在更广泛的市场估值风险,但苹果的看涨论点在其估值接近 3 万亿美元时仍然完好无损。</li></ul><p class=\"t-img-caption\"><span>guvendemir/iStock 未通过 Getty Images 发布</span></p></blockquote></p><p> As one of the world’s best performing stocks, Apple(NASDAQ:AAPL) has gained close to 40% this year. The stock, which last peaked at $182.13 not too long ago, is currently less than 7% from being the first U.S. publicly listed company to reach a $3 trillion market value and single-handedly accounts for about 15% of the tech-heavy Nasdaq 100’s performance. Apple’s market value has grown by more than 220x since the late 1990s, buoyed by the company’s continuous ability to capture robust demand for its innovative portfolio of products and services.</p><p><blockquote>作为全球表现最好的股票之一,苹果(纳斯达克股票代码:AAPL)今年上涨了近 40%。该股不久前曾触及 182.13 美元的最高点,目前距离成为第一家市值达到 3 万亿美元的美国上市公司还不到 7%,单枪匹马就占据了以科技股为主的纳斯达克 100 指数业绩的约 15%。自 20 世纪 90 年代末以来,苹果的市值增长了 220 多倍,这得益于该公司持续能够抓住对其创新产品和服务组合的强劲需求。</blockquote></p><p> And Apple’s strong fundamentals are expected to help the stock defy adverse impacts from the imminent rate hikes beginning next year. With inflation running at its hottest in almost four decades, the Federal Reserve decided Wednesday that it will increase the pace at which it is dialing back on the $120 billion monthly bond repurchasing program from $15 billion per month, which began in November, to $30 billion per month. This would effectively conclude the stimulus program, put in place at the onset of the pandemic, coming March, rather than in July as initially planned. Rate hikes are expected to begin soon after to counter rising price pressures, with Federal Reserve Chair Jerome Powell affirming that the process will only begin after tapering ends and at a gradual pace. The latest dot plot indicates potential for the Federal Fund Rate to lift-off from near-zero beginning early 2022 with three quarter-point increases, plus another three in 2023 and two more in 2024. If materialized, the process would up the funds rate to 2.1% by 2024.</p><p><blockquote>苹果强劲的基本面有望帮助该股抵御明年开始即将加息带来的不利影响。随着通胀达到近四十年来的最高点,美联储周三决定加快每月 1200 亿美元债券回购计划的步伐,从 11 月开始的每月 150 亿美元降至每月 300 亿美元。这将有效地结束疫情爆发时实施的刺激计划,即明年3月,而不是最初计划的7月。加息预计将很快开始,以应对不断上升的价格压力,美联储主席杰罗姆·鲍威尔确认,这一过程只有在缩减规模结束后才会开始,并且步伐渐进。最新的点阵图表明,联邦基金利率有可能从 2022 年初的接近于零的水平上升,并上调三个四分之一点,2023 年再上调三个四分之一点,2024 年再上调两个。如果实现,到 2024 年,这一过程将把基金利率提高到 2.1%。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/2ef3ca2d04c1b55a465e12bfae79890e\" tg-width=\"640\" tg-height=\"315\" width=\"100%\" height=\"auto\"><span>Source: Bloomberg</span></p><p><blockquote><p class=\"t-img-caption\"><span>资料来源:彭博社</span></p></blockquote></p><p> While rate hikes typically cause investors to turn risk averse due to concerns over faster erosion of value on future gains and stalled business growth due to rising costs of capital, especially for high-growth stocks, Apple gained close to 3% upon release of the Fed’s update on policy tightening. The stock closed at $179.30 on December 15th, nearing its peak of $182 on Monday. Apple’s rally, along with similar uptrends observed across other mega-cap tech stocks, accordingly drove intra-day gains of 2.4% for the Nasdaq 100 following the Federal Reserve’s update, indicating investors’ preference to park their money in companies with robust growth prospects to counter risks from the impending rate increases.</p><p><blockquote>虽然加息通常会导致投资者规避风险,因为他们担心未来收益的价值会更快地受到侵蚀,而且由于资本成本上升(尤其是高增长股票)导致业务增长停滞,但在美联储发布紧缩政策的最新消息后,苹果股市上涨了近3%。该股12月15日收于179.30美元,接近周一182美元的峰值。在美联储发布最新消息后,苹果的反弹以及其他大型科技股的类似上升趋势相应地推动了纳斯达克 100 指数盘中上涨 2.4%,这表明投资者更倾向于将资金投入增长前景强劲的公司,以应对即将加息带来的风险。</blockquote></p><p> With the coming holiday season a boon for Apple’s December-quarter sales, the stock’s valuation is expected to enter in the $3 trillion territory sooner than expected. Continued robust demand observed across Apple’s entire product line, generous share buy-backs, and additional revenue contributions expected within the foreseeable future resulting from new, cutting-edge products will also be key catalysts to support the company’s persistently strong fundamentals and keep the stock’s valuation above $3 trillion despite the impending rate hikes. Considering recent developments to the broader market and Apple’s growth prospects, we are raising our 12-month price target for the stock to $209.43.</p><p><blockquote>随着即将到来的假日季对苹果 12 月季度的销售额有利,该股估值预计将比预期更早进入 3 万亿美元大关。苹果整个产品线的持续强劲需求、慷慨的股票回购,以及预计在可预见的未来,新的尖端产品将带来额外的收入贡献,也将成为支撑公司持续强劲基本面的关键催化剂,并在即将加息的情况下将使股票估值保持在 3 万亿美元以上。考虑到大盘的近期发展和苹果的增长前景,我们将该股的 12 个月目标价上调至 209.43 美元。</blockquote></p><p> <b>FY 2021 Overview and Recap of Fundamental Prospects</b></p><p><blockquote><b>2021财年概述及基本前景回顾</b></blockquote></p><p></p><p> Fiscal 2021 was a big year for Apple. The company’s revenues for the year grew 33% from fiscal 2020 to $366 billion, despite on-and-off store closures resulting from recurring coronavirus outbreaks and supply chain constraints that have led to more than $9 billion in lost sales. Every product and service segment achieved record-setting revenues with more than 20% growth from previous year results. Much of the year’s success were attributable to a series of new product launches and feature upgrades. The most notable of which included the 5G-enabled family of iPhone 12s and iPhone 13s, as well as the M1-powered MacBook Pro and iPad Pro.</p><p><blockquote>2021财年对苹果来说是重要的一年。尽管冠状病毒反复爆发和供应链限制导致门店断断续续关闭,导致销售额损失超过 90 亿美元,但该公司全年的收入比 2020 财年增长了 33%,达到 3660 亿美元。每个产品和服务部门都实现了创纪录的收入,比上一年的业绩增长了20%以上。今年的成功很大程度上归功于一系列新产品的发布和功能的升级。其中最引人注目的包括支持5G的iPhone 12s和iPhone 13s系列,以及支持M1的MacBook Pro和iPad Pro。</blockquote></p><p> <b>Key Developments in Products</b></p><p><blockquote><b>产品的主要发展</b></blockquote></p><p> iPhone sales grew by 39% this year, the most amongst other segments, and drove more than half of Apple’s fiscal 2021 revenues. The results were a stark contrast to last year’s slump in demand for the mobile device when consumers braced for pandemic-driven economic uncertainties. iPhone sales are expected to remain robust in coming years as global 5G device upgrades continue to gather pace. The likely launch of a more affordable 5G-enabled iPhone SE in 2022 is also expected to further Apple’s market share gains by attracting switchers from “more than a billion non-premium Android users”, and drive the active installed base to another all-time high. The anticipated momentum is further corroborated by iPhone sales patterns observed in recent quarters following the launch of 5G-enabled iPhone 12s and iPhone 13s, where the number of upgraders and switchers grew by strong double digits. Apple’s strong ties with cell-phone carriers is also expected to drive meaningful iPhone sales contributions in coming years. Reputable wireless carriers in the U.S. like Verizon and AT&T have already been keen on promoting the sale of 5G-enabled devices like the iPhone 12 and iPhone 13 to encourage migration to the 5G network that they have spent billions of dollars on building across the nation. Telecom companies around the world are expected to spend more than $700 billion over the next five years on building-out the 5G network, underscoring significant additional growth opportunities ahead for the iPhone segment as carriers push for the strongest multiyear upgrade cycle in a decade to recoup their investments.</p><p><blockquote>iPhone 今年的销量增长了 39%,是其他细分市场中增长最快的,并贡献了苹果 2021 财年一半以上的收入。这一结果与去年移动设备需求的下滑形成了鲜明对比,当时消费者正在为大流行病带来的经济不确定性做好准备。随着全球5G设备升级步伐不断加快,iPhone销售预计将在未来几年保持强劲。2022 年可能会推出更实惠的支持 5G 的 iPhone SE,这也将吸引 “超过 10 亿非高端安卓用户 ”的转换用户,从而进一步扩大苹果的市场份额,并将活跃安装基数推向历史新高。在支持 5G 的 iPhone 12s 和 iPhone 13s 推出后,最近几个季度观察到的 iPhone 销售模式进一步证实了预期的势头,升级和切换用户的数量强劲增长了两位数。苹果与手机运营商的紧密联系预计也将在未来几年推动 iPhone 的销售贡献。威瑞森和美国电话电报公司等美国知名无线运营商已经热衷于促进iPhone 12和iPhone 13等支持5G的设备的销售,以鼓励向他们花费数十亿美元在全国范围内建设的5G网络迁移。预计全球电信公司将在未来五年内花费超过7000亿美元建设5G网络,这凸显了随着运营商推动十年来最强劲的多年升级周期以收回投资,iPhone领域未来的巨大增长机会。</blockquote></p><p> Mac and iPad sales also grew significantly in fiscal 2021, reaching record revenues of $35.2 billion and $31.9 billion, respectively. Following the introduction of the all-new M1-powered iMac earlier this year, Apple also unveiled the reimagined M1-Pro / M1-Max powered MacBook Pro in October. The custom M1 processors made the newest MacBook “better than any Intel-based device for nearly every productivity use case outside of gaming”. This accordingly drove incredible demand for the portable workstation from a diverse group of consumers, ranging from professional creators and photographers to corporate users and students. The company is estimated to have shipped over 3.2 million units of Mac products during the September quarter, which drove record-setting revenues for the segment, while boosting its rank in global PC sales to fourth place amongst other vendors. The introduction of M1-processors in Apple’s computing products also bolstered its position in capitalizing on the surge in global demand for PCs and multi-purpose tablets by allowing the company to build devices with innovative features that can be seamlessly integrated across its ecosystem of peripheral accessories and services to draw adjacent revenues. With accelerated adoption of hybrid work and study arrangements in the post-pandemic era, global demand for portable workstations like PCs and multi-purpose tablets are expected to remain elevated in coming years – the sectors are expected to grow into a $224.3 billion and$600 billion market, respectively, by 2025, which makes favorable trends for Apple’s Mac and iPad segments.</p><p><blockquote>Mac 和 iPad 销量在 2021 财年也大幅增长,收入分别达到创纪录的 352 亿美元和 319 亿美元。继今年早些时候推出全新M1驱动的iMac后,苹果还在10月份推出了重新设计的M1-Pro/M1-Max驱动的MacBook Pro。定制的 M1 处理器使最新的 MacBook “在游戏以外的几乎所有生产力用例上都优于任何基于英特尔的设备”。这相应地推动了不同消费者群体对便携式工作站的巨大需求,从专业创作者和摄影师到企业用户和学生。据估计,该公司在 9 月份季度的 Mac 产品出货量超过 320 万台,推动了该部门创纪录的收入,同时将其在全球 PC 销量中的排名提升至其他供应商的第四位。在苹果的计算产品中引入 M1 处理器也巩固了其在利用全球对 PC 和多功能平板电脑需求激增的优势方面的地位,使该公司能够制造具有创新功能的设备,这些设备可以在其外围配件和服务生态系统中无缝集成,从而吸引相关收入。随着后大流行病时代混合工作和学习安排的加速采用,预计未来几年全球对个人电脑和多功能平板电脑等便携式工作站的需求将保持高位--到 2025 年,这两个行业的市场预计将分别增长到 2,243 亿美元和 6,000 亿美元,这将为苹果的 Mac 和 iPad 细分市场带来有利趋势。</blockquote></p><p> Recent speculations on Apple’s intentions to strengthen its in-house chip development capacity will likely further the advancement of its technologies offered in coming years and draw additional demand to its products. The company is currently looking for engineers to build-out its capacity in the development of “wireless radios, radio-frequency integrated circuits, and a wireless system-on-chip (“SoC”)”, as well as “semiconductors for connecting Bluetooth and Wi-Fi”. These developments are expected to further enhance seamless integration across Apple’s devices and increase stickiness to its ecosystem of product and service offerings, making its chip unit one of the company’s “most prized assets”.</p><p><blockquote>最近有猜测称,苹果有意加强其内部芯片开发能力,这可能会在未来几年进一步推动其技术的进步,并吸引对其产品的更多需求。该公司目前正在寻找工程师,以增强其在 “无线收音机、射频集成电路和无线片上系统(“SoC”)”以及 “用于连接蓝牙和 Wi-Fi 的半导体”方面的开发能力。这些发展有望进一步增强苹果设备之间的无缝集成,并增加其产品和服务生态系统的粘性,使其芯片部门成为公司 “最宝贵的资产 ”之一。</blockquote></p><p> <b>Key Developments in Services</b></p><p><blockquote><b>服务的主要发展</b></blockquote></p><p></p><p> On the services front, a strong subscriber base had enabled the segment to hit record-setting revenues of more than $68.4 billion in fiscal 2021, up 27% from the prior year. To date, Apple has garnered more than 745 million paid subscribers across its high-margin service offerings, representing a five-fold increase over the last five years. Apple’s increasing push for a subscription-based business model across its wide variety of service platforms, ranging from Apple Music to iCloud storage solutions, paired with attractive new offerings that address key consumer trends in recent years have been a key driver to the company’s fast-expanding margins. New exciting add-on features introduced for existing service platforms include Spatial Audio and Lossless Audiofor Apple Music and the Apple Music Voice Plan. The new subscription-based offerings are expected to further Apple’s reach to adjacent opportunities stemming from increasing global usage of smartphones, laptops and other advanced home electronic products – for instance, the global music streaming market is expected to expand at a CAGR of 16% towards a projected value of $61 billion over the next five years, underscoring significant growth headroom for Apple Music. And Apple’s latest introduction of the Apple One bundle is expected to be a key contributor to furthering service segment sales in coming years by attracting new users to pay for subscription services that they otherwise would not have had it not been for the bundle discounts.</p><p><blockquote>在服务方面,强大的用户群使该部门在 2021 财年的收入创下了超过 684 亿美元的纪录,比上一年增长了 27%。迄今为止,苹果通过其高利润服务产品获得了超过 7.45 亿付费用户,比过去五年增长了五倍。苹果在其从苹果音乐到 iCloud 存储解决方案等各种服务平台上不断推行基于订阅的商业模式,再加上近年来针对主要消费趋势的有吸引力的新产品,一直是该公司利润率快速增长的关键驱动力。为现有服务平台引入的令人兴奋的新附加功能包括苹果音乐的空间音频和无损音频以及苹果音乐语音计划。新的基于订阅的产品有望进一步扩大苹果对智能手机、笔记本电脑和其他先进家用电子产品全球使用量不断增加所带来的邻近机遇的影响力--例如,全球音乐流媒体市场预计将在未来五年内以 16% 的复合年增长率扩大,预计价值将达到 610 亿美元,这凸显了苹果音乐的巨大增长空间。苹果最新推出的苹果 One 捆绑包预计将在未来几年吸引新用户为订阅服务付费,而如果不是捆绑包折扣,他们是不会购买这些服务的。</blockquote></p><p> Continued growth in market demand for mobile applications will also be a boon to Apple’s fast-growing services segment. The global market for mobile applications is expected to grow at a CAGR of 18.4% and reach a market value of more than $400 billion over the next five years. With AAPL hosting one of the largest and most used app stores in the world, it would be reasonable to assume that related revenues would grow at a similar pace. Despite mounting global regulatory scrutiny over Apple’s alleged antitrust violations with its App Store – the most notable of which stemming from an ongoing legal battle with Epic Games– the company’s continued focus on ensuring user privacy, security, and ease of transactions might have saved the day. According to a survey of 4,000 Apple product users performed by Morgan Stanley across the U.S. and China, most have indicated loyalty to Apple’s App store due to the “value of security, privacy and ease of transactions” provided, despite developers pushing for rights to transact outside of Apple’s ecosystem. Apple’s recent success in delaying App Store changes ordered by U.S. District Judge Yvonne Gonzalez Rogers in September as part of a year-long lawsuit brought against by Epic Games is another sign of the App Store’s continued strength. The company has argued that the court-mandated order to allow App Store users to “buy directly from developers on the web” would be a threat to the security of their privacy.</p><p><blockquote>移动应用市场需求的持续增长也将有利于苹果快速增长的服务部门。全球移动应用市场预计将以18.4%的CAGR增长,未来五年市值将超过4000亿美元。由于 AAPL 拥有世界上最大、使用最广泛的应用商店之一,因此可以合理地假设相关收入将以类似的速度增长。尽管全球监管机构对苹果的 App Store 涉嫌违反反垄断规定的审查越来越多--其中最引人注目的是与 Epic Games 正在进行的法律诉讼--但该公司继续专注于确保用户隐私、安全和交易便利性可能已经挽救了局面。根据摩根士丹利在美国和中国大陆对 4000 名苹果产品用户进行的调查,大多数人对苹果的应用商店表示忠诚,因为该商店提供了 “安全、隐私和易于交易的价值”,尽管开发者正在推动在苹果生态系统之外进行交易。苹果最近成功推迟了美国地区法官伊冯娜-冈萨雷斯-罗杰斯(Yvonne Gonzalez Rogers)9 月份下令对 App Store 进行的更改,这是 Epic Games 对其提起长达一年的诉讼的一部分,这也是 App Store 持续强大的又一迹象。该公司辩称,法院下令允许 App Store 用户 “直接从网络上的开发者那里购买 ”,这将对他们的隐私安全构成威胁。</blockquote></p><p> Currently, developers are fighting for their rights to have app users transact outside of Apple’s ecosystem, which charges developers a hefty commission fee of up to 30% on all purchases. As Apple continues with its appeal of the ruling, the ultimate court decision on whether App Store changes would need to be implemented could take at least another year. But even with an unfavorable ruling, where Apple would have to allow developers to redirect users to payments outside of its ecosystem and/or lower its in-app purchase commission rate, App Store revenues are only expected to decrease by at most $4 billion per year which will not place a material impact on its valuation prospects. The actual quantified impact might even be less than what the market has forecasted, considering the value that App Store users have ascribed to the level of security and convenience that Apple has offered through the platform.</p><p><blockquote>目前,开发者正在争取让应用程序用户在苹果生态系统之外进行交易的权利,该生态系统向开发者收取高达 30% 的高额佣金。随着苹果继续对该裁决提出上诉,法院关于是否需要实施 App Store 变更的最终裁决可能至少还需要一年时间。但即使做出不利的裁决,苹果将不得不允许开发者将用户重定向到其生态系统之外的支付和/或降低其应用内购买佣金率,App Store的收入预计每年最多也只会减少40亿美元,这不会对其估值前景产生重大影响。考虑到 App Store 用户对苹果通过该平台提供的安全性和便利性水平的重视,实际量化影响甚至可能低于市场预测。</blockquote></p><p> <b>Key Catalysts Ahead</b></p><p><blockquote><b>未来的关键催化剂</b></blockquote></p><p></p><p> Apple is undoubtedly a key gateway to bringing emerging technologies to the mainstream due to its massive installed base of devices and related service platform users. And because of this, the highly anticipated launch of cutting-edge products like AR/VR headsets and autonomous vehicles in coming years will likely catapult the stock to new heights. The pioneer of disruptive consumer electronics and devices is expected to launch a VR headset and AR glasses by early 2023, a nascent technology that has been picking up steam in recent months with increasing talks of the metaverse. Similar to most VR headsets already available in the market, Apple’s will feature a 3D display to enable an immersive environment for a variety of activities from gaming to communicating. The differentiating factor will be the company’s plans to implement best-in-class graphics chips in the device to facilitate ultra-high-resolution displays. The impending VR headset will ultimately lay the foundation for its AR glasses, which Apple expects to be the “larger opportunity”.</p><p><blockquote>由于其庞大的设备安装基数和相关服务平台用户,苹果无疑是将新兴技术带入主流的关键门户。正因为如此,未来几年备受期待的AR/VR耳机和自动驾驶汽车等尖端产品的推出可能会将该股推向新的高度。这家颠覆性消费电子产品和设备的先驱预计将于 2023 年初推出 VR 耳机和 AR 眼镜,这项新兴技术近几个月来随着有关元宇宙的讨论越来越多,势头强劲。与市场上已有的大多数 VR 头显类似,苹果的 VR 头显将采用 3D 显示屏,为从游戏到交流等各种活动提供身临其境的环境。该公司计划在设备中采用一流的图形芯片,以实现超高分辨率显示屏。即将推出的 VR 头显最终将为其 AR 眼镜奠定基础,苹果预计这将是 “更大的机会”。</blockquote></p><p> Over the next five years, opportunities pertaining to the metaverse are expected to blossom into an $800 billion market. Related software and service sales are expected to drive more than 70% of the projected addressable market, while the remainder will likely be driven by hardware sales. This makes strong tailwinds for Apple, which does not only stand to capitalize on growing metaverse opportunities through the sale of its impending AR/VR headset, but also adjacent revenues pertaining to the usage of related apps, software and service platforms.</p><p><blockquote>未来五年,与元宇宙相关的机会预计将发展成为一个价值 8000 亿美元的市场。相关软件和服务销售预计将推动预计潜在市场的 70% 以上,而其余部分可能由硬件销售推动。这为苹果带来了强劲的推动力,该公司不仅可以通过销售即将推出的 AR/VR 耳机来利用不断增长的元宇宙机会,还可以利用与使用相关应用程序、软件和服务平台相关的相关收入。</blockquote></p><p> Speculations on Apple’s ongoing development of a self-driving electric car is also expected to materialize into meaningful upsides for the stock within the foreseeable future. The company is now planning to launch the new product category by 2025, at which time the global autonomous vehicle market is expected to reach a value of more than $200 billion. The eventual car will likely feature homages to its existing product portfolio, like an “iPad-like touch screen” infotainment system. And on the technology front, Apple is believed to have completed the development of a custom silicon for powering the vehicle’s autonomous driving capabilities. The newest chips will soon be implemented into its existing fleet of retrofitted SUVs for testing in California according to the state’s DMV, a sign that the impending launch is near.</p><p><blockquote>在可预见的未来,关于苹果正在开发自动驾驶电动汽车的猜测也有望为该股带来有意义的上涨空间。该公司目前计划在2025年前推出新产品类别,届时全球自动驾驶汽车市场价值预计将超过2000亿美元。最终推出的汽车很可能会向其现有的产品组合致敬,比如 “类似 iPad 的触摸屏 ”信息娱乐系统。在技术方面,据信苹果已经完成了为汽车自动驾驶功能提供动力的定制硅的开发。据加州车管所称,最新芯片将很快应用于其现有的改装 SUV 车队,以便在加州进行测试,这表明即将推出的芯片即将到来。</blockquote></p><p> While Apple’s current market value may already be reflective of “consistent material revenue contributions from new products and services over time”, additional upsides from the above-mentioned new product category launches are still missing. But this will likely change within the next 12 months as the impending launch of an Apple AR/VR device draws near. Near-term projections on early AR/VR device sales are expected to boost Apple’s valuation by at least $150 billion. And over time when metaverse trends continue to gain mainstream traction, Apple is expected to generate more than $200 billion in annual revenues from the AR/VR segment, which could add another 15% on top of its current market value.</p><p><blockquote>虽然苹果目前的市值可能已经反映了 “随着时间的推移,新产品和服务对收入的持续贡献”,但上述新产品类别的推出仍未带来额外的好处。但随着苹果AR/VR设备即将推出,这种情况可能会在未来12个月内发生变化。对早期 AR/VR 设备销售的近期预测预计将使苹果的估值至少提高 1500 亿美元。随着时间的推移,随着元宇宙趋势继续获得主流牵引力,苹果预计将从 AR/VR 领域产生超过 2000 亿美元的年收入,这可能会在其当前市值的基础上再增加 15%。</blockquote></p><p> <b>Valuation Prospects and Potential Impacts from the Impending Rate Increases</b></p><p><blockquote><b>即将加息的估值前景和潜在影响</b></blockquote></p><p> Adjusting our most recent forecast for Apple’s fiscal 2021 year-end results and December-quarter guidance, our base case projection estimates total net sales of $439.3 billion by the end of fiscal 2022, with further growth towards $668.5 billion by fiscal 2026. The growth assumptions applied across segment revenues in our forecast remains largely unchanged from our most recent analysis on the stock, with additional consideration for management’s near-term outlook on supply constraint impacts and the impending rate hikes. Specifically, lost revenues of $9 billion (i.e. approximately $3 billion during June-quarter and $6 billion during September-quarter) attributable to industry-wide chip shortages and pandemic-driven manufacturing delays during the second half of fiscal 2021 is expected to worsen into the first half of fiscal 2022. While there have been observed improvements to supply chain challenges, continuously robust demand for Apple products is what will drive a higher volume of lost sales in coming quarters. Nonetheless, Apple remains well-positioned for strong fundamentals ahead, which will help to alleviate some of investors’ concerns on valuation due to impending rate hikes.</p><p><blockquote>调整我们对苹果 2021 财年年终业绩和 12 月份季度指引的最新预测后,我们的基本案例预测预计到 2022 财年末,净销售总额将达到 4393 亿美元,到 2026 财年将进一步增长至 6685 亿美元。在我们的预测中,各部门收入的增长假设与我们最近对该股的分析基本保持不变,但还额外考虑了管理层对供应紧张影响和即将加息的近期展望。具体来说,2021 财年下半年全行业芯片短缺和大流行导致的制造延误造成的 90 亿美元收入损失(即 6 月份季度约 30 亿美元,9 月份季度约 60 亿美元)预计将恶化到 2022 财年上半年。虽然供应链挑战有所改善,但对苹果产品的持续强劲需求将推动未来几个季度销售额的增加。尽管如此,苹果未来的基本面依然强劲,这将有助于缓解投资者因即将加息而对估值的一些担忧。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/b5aa95136cfca6f95b962ea36eadab74\" tg-width=\"640\" tg-height=\"257\" width=\"100%\" height=\"auto\"></p><p><blockquote></blockquote></p><p> <i>i. Base Case Financial Projections:</i></p><p><blockquote><i>i. 基本情况财务预测:</i></blockquote></p><p></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/6585b165abd25fab7d171dd944d05156\" tg-width=\"640\" tg-height=\"316\" width=\"100%\" height=\"auto\"><span>Source: Author, with data from our internal financial forecast (Apple_-_Forecasted_Financial_Information.pdf). Please refer here for further detail on material growth assumptions applied.</span></p><p><blockquote><p class=\"t-img-caption\"><span>资料来源:作者,数据来自我们的内部财务预测(Apple_-_Forecasted_Financial_Information.pdf)。有关应用的重大增长假设的进一步详情,请参阅此处。</span></p></blockquote></p><p> Drawing on the above considerations, our 12-month price target for the Apple stock has been revised to $209.43. This represents upside potential of more than 22% based on the last traded price of $171.14 on December 17th.</p><p><blockquote>基于上述考虑,我们对苹果股票的 12 个月目标价已修正至 209.43 美元。根据 12 月 17 日最后交易价格 171.14 美元计算,这意味着超过 22% 的上涨潜力。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/e88e904b5b900fbcdf4541d856570e2d\" tg-width=\"640\" tg-height=\"230\" width=\"100%\" height=\"auto\"><span>Source: Author, with data from our internal valuation analysis.</span></p><p><blockquote><p class=\"t-img-caption\"><span>资料来源:作者,数据来自我们的内部估值分析。</span></p></blockquote></p><p> The revised price target is derived using a discounted cash flow (“DCF”) analysis over a ten-year discrete period in conjunction with the financial projections updated for Apple’s recent developments as analyzed in earlier sections. Similar to our original valuation analysis, we have applied a WACC of 8% to discount Apple’s projected free cash flows. The discount function is reflective of the company’s risk profile, taking into consideration its current capital structure and strong balance sheet. Apple’s cost of capital for growth is not expected to change significantly as a result of the impending rate hikes, considering a large portion of its existing debt are fixed-rate notes. The company also boasts a consistently robust net cash position, in which management intends to deploy towards additional growth without having to incur incremental capital costs ahead of interest rate increases. This is expected to further cement investors’ confidence in the Apple stock, as they continue their “flight to quality” amidst fear of broader market pressure from rising interest rates.</p><p><blockquote>修订后的价格目标是使用十年离散期间的贴现现金流(“DCF”)分析,结合前面章节分析的苹果近期发展的最新财务预测得出的。与我们最初的估值分析类似,我们采用了 8% 的 WACC 来贴现苹果的预计自由现金流。考虑到公司目前的资本结构和稳健的资产负债表,贴现函数反映了公司的风险状况。考虑到苹果现有债务中有很大一部分是固定利率票据,预计其增长的资本成本不会因即将加息而发生重大变化。该公司还拥有持续强劲的净现金状况,管理层打算在利率上升之前部署额外增长,而不必承担额外的资本成本。预计这将进一步增强水泥投资者对苹果股票的信心,因为他们在担心利率上升会带来更广泛的市场压力的情况下,继续 “向优质方向飞奔”。</blockquote></p><p> The valuation analysis also assumes an exit multiple of 19.8x, which is consistent with current market expectations on Apple’s growth trajectory over the forecasted period. The applied exit multiple assumption could even improve further within the next 12 months, considering the impending launch of new product segments like AR/VR devices and autonomous vehicles, and offset any potential impacts from the upcoming increases to interest rates.</p><p><blockquote>估值分析还假设退出倍数为 19.8 倍,这与当前市场对苹果在预测期内增长轨迹的预期一致。考虑到AR/VR设备和自动驾驶汽车等新产品细分市场即将推出,所应用的退出倍数假设甚至可能在未来12个月内进一步改善,并抵消即将到来的加息带来的任何潜在影响。</blockquote></p><p> <i>i. Base Case Valuation Analysis:</i></p><p><blockquote><i>一、基本案例估值分析:</i></blockquote></p><p> <img src=\"https://static.tigerbbs.com/81f992ef8b2b59ea879f69a7b1e7ad52\" tg-width=\"640\" tg-height=\"300\" width=\"100%\" height=\"auto\"></p><p><blockquote></blockquote></p><p> <i>ii. Sensitivity Analysis:</i></p><p><blockquote><i>ii.敏感性分析:</i></blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/da8b21dae04fd263929ab26bd8d83907\" tg-width=\"640\" tg-height=\"337\" width=\"100%\" height=\"auto\"><span>Source: Author, with data from our internal valuation analysis.</span></p><p><blockquote><p class=\"t-img-caption\"><span>资料来源:作者,数据来自我们的内部估值分析。</span></p></blockquote></p><p> <b>Conclusion</b></p><p><blockquote><b>结论</b></blockquote></p><p> Based on the foregoing analysis, the anticipated addition of 175 to 200 basis points to the current near-zero Federal Fund Rate over the next two years is not expected to cause material adverse impacts to Apple’s performance from both a fundamental and valuation perspective. Robust global demand for Apple products and services, paired with new innovations are expected to further bolster the company’s fundamental growth prospects. This would accordingly bring additional improvements to Apple’s balance sheet, and further strengthen its position against downward valuation pressures from broader macro headwinds. In fact, increasing demand for quality growth stocks to counter risks resulting from the impending rate hikes might even fuel Apple’s valuation growth momentum. On these considerations, Apple remains one of the best-performing tech stocks to own given its robust uptrend to $3 trillion in the near-term despite impending rate hikes.</p><p><blockquote>根据上述分析,从基本面和估值角度来看,预计未来两年在目前接近于零的联邦基金利率基础上增加 175 至 200 个基点,预计不会对苹果的业绩造成重大不利影响。全球对苹果产品和服务的强劲需求,加上新的创新,预计将进一步提振公司的基本增长前景。因此,这将进一步改善苹果的资产负债表,并进一步加强其抵御更广泛宏观逆风带来的估值下行压力的地位。事实上,为应对即将加息带来的风险,对优质成长型股票的需求不断增加,甚至可能推动苹果的估值增长势头。出于这些考虑,尽管即将加息,但苹果仍然是表现最好的科技股之一,因为其近期仍呈现强劲上升趋势,达到 3 万亿美元。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源:<a href=\"https://seekingalpha.com/article/4475887-apple-stock-aapl-strongest-shield-against-rate-hikes\">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":{"AAPL":"苹果"},"source_url":"https://seekingalpha.com/article/4475887-apple-stock-aapl-strongest-shield-against-rate-hikes","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1183475424","content_text":"Summary\n\nWith inflation running its hottest course in 40 years, the Federal Reserve has decided to accelerate the stimulus tapering schedule and prepare for raising interest rates as early as March.\nWhile rate hikes have historically deterred investors from growth stocks due to concerns over eroding valuation prospects, the Apple stock has remained largely resilient.\nApple is expected to realize additional upsides ahead, sustained by robust demand for its existing offerings and new opportunities arising from nascent technologies like AR/VR and autonomous vehicles.\nIts strong net cash position also provides sufficient dry powder to fund additional growth in coming years without incurring additional costs of capital amidst rising interest rates.\nAs such, Apple's bullish thesis remains intact as it approaches a $3 trillion valuation, despite broader market valuation risks ahead.\n\nguvendemir/iStock Unreleased via Getty Images\nAs one of the world’s best performing stocks, Apple(NASDAQ:AAPL) has gained close to 40% this year. The stock, which last peaked at $182.13 not too long ago, is currently less than 7% from being the first U.S. publicly listed company to reach a $3 trillion market value and single-handedly accounts for about 15% of the tech-heavy Nasdaq 100’s performance. Apple’s market value has grown by more than 220x since the late 1990s, buoyed by the company’s continuous ability to capture robust demand for its innovative portfolio of products and services.\nAnd Apple’s strong fundamentals are expected to help the stock defy adverse impacts from the imminent rate hikes beginning next year. With inflation running at its hottest in almost four decades, the Federal Reserve decided Wednesday that it will increase the pace at which it is dialing back on the $120 billion monthly bond repurchasing program from $15 billion per month, which began in November, to $30 billion per month. This would effectively conclude the stimulus program, put in place at the onset of the pandemic, coming March, rather than in July as initially planned. Rate hikes are expected to begin soon after to counter rising price pressures, with Federal Reserve Chair Jerome Powell affirming that the process will only begin after tapering ends and at a gradual pace. The latest dot plot indicates potential for the Federal Fund Rate to lift-off from near-zero beginning early 2022 with three quarter-point increases, plus another three in 2023 and two more in 2024. If materialized, the process would up the funds rate to 2.1% by 2024.\nSource: Bloomberg\nWhile rate hikes typically cause investors to turn risk averse due to concerns over faster erosion of value on future gains and stalled business growth due to rising costs of capital, especially for high-growth stocks, Apple gained close to 3% upon release of the Fed’s update on policy tightening. The stock closed at $179.30 on December 15th, nearing its peak of $182 on Monday. Apple’s rally, along with similar uptrends observed across other mega-cap tech stocks, accordingly drove intra-day gains of 2.4% for the Nasdaq 100 following the Federal Reserve’s update, indicating investors’ preference to park their money in companies with robust growth prospects to counter risks from the impending rate increases.\nWith the coming holiday season a boon for Apple’s December-quarter sales, the stock’s valuation is expected to enter in the $3 trillion territory sooner than expected. Continued robust demand observed across Apple’s entire product line, generous share buy-backs, and additional revenue contributions expected within the foreseeable future resulting from new, cutting-edge products will also be key catalysts to support the company’s persistently strong fundamentals and keep the stock’s valuation above $3 trillion despite the impending rate hikes. Considering recent developments to the broader market and Apple’s growth prospects, we are raising our 12-month price target for the stock to $209.43.\nFY 2021 Overview and Recap of Fundamental Prospects\nFiscal 2021 was a big year for Apple. The company’s revenues for the year grew 33% from fiscal 2020 to $366 billion, despite on-and-off store closures resulting from recurring coronavirus outbreaks and supply chain constraints that have led to more than $9 billion in lost sales. Every product and service segment achieved record-setting revenues with more than 20% growth from previous year results. Much of the year’s success were attributable to a series of new product launches and feature upgrades. The most notable of which included the 5G-enabled family of iPhone 12s and iPhone 13s, as well as the M1-powered MacBook Pro and iPad Pro.\nKey Developments in Products\niPhone sales grew by 39% this year, the most amongst other segments, and drove more than half of Apple’s fiscal 2021 revenues. The results were a stark contrast to last year’s slump in demand for the mobile device when consumers braced for pandemic-driven economic uncertainties. iPhone sales are expected to remain robust in coming years as global 5G device upgrades continue to gather pace. The likely launch of a more affordable 5G-enabled iPhone SE in 2022 is also expected to further Apple’s market share gains by attracting switchers from “more than a billion non-premium Android users”, and drive the active installed base to another all-time high. The anticipated momentum is further corroborated by iPhone sales patterns observed in recent quarters following the launch of 5G-enabled iPhone 12s and iPhone 13s, where the number of upgraders and switchers grew by strong double digits. Apple’s strong ties with cell-phone carriers is also expected to drive meaningful iPhone sales contributions in coming years. Reputable wireless carriers in the U.S. like Verizon and AT&T have already been keen on promoting the sale of 5G-enabled devices like the iPhone 12 and iPhone 13 to encourage migration to the 5G network that they have spent billions of dollars on building across the nation. Telecom companies around the world are expected to spend more than $700 billion over the next five years on building-out the 5G network, underscoring significant additional growth opportunities ahead for the iPhone segment as carriers push for the strongest multiyear upgrade cycle in a decade to recoup their investments.\nMac and iPad sales also grew significantly in fiscal 2021, reaching record revenues of $35.2 billion and $31.9 billion, respectively. Following the introduction of the all-new M1-powered iMac earlier this year, Apple also unveiled the reimagined M1-Pro / M1-Max powered MacBook Pro in October. The custom M1 processors made the newest MacBook “better than any Intel-based device for nearly every productivity use case outside of gaming”. This accordingly drove incredible demand for the portable workstation from a diverse group of consumers, ranging from professional creators and photographers to corporate users and students. The company is estimated to have shipped over 3.2 million units of Mac products during the September quarter, which drove record-setting revenues for the segment, while boosting its rank in global PC sales to fourth place amongst other vendors. The introduction of M1-processors in Apple’s computing products also bolstered its position in capitalizing on the surge in global demand for PCs and multi-purpose tablets by allowing the company to build devices with innovative features that can be seamlessly integrated across its ecosystem of peripheral accessories and services to draw adjacent revenues. With accelerated adoption of hybrid work and study arrangements in the post-pandemic era, global demand for portable workstations like PCs and multi-purpose tablets are expected to remain elevated in coming years – the sectors are expected to grow into a $224.3 billion and$600 billion market, respectively, by 2025, which makes favorable trends for Apple’s Mac and iPad segments.\nRecent speculations on Apple’s intentions to strengthen its in-house chip development capacity will likely further the advancement of its technologies offered in coming years and draw additional demand to its products. The company is currently looking for engineers to build-out its capacity in the development of “wireless radios, radio-frequency integrated circuits, and a wireless system-on-chip (“SoC”)”, as well as “semiconductors for connecting Bluetooth and Wi-Fi”. These developments are expected to further enhance seamless integration across Apple’s devices and increase stickiness to its ecosystem of product and service offerings, making its chip unit one of the company’s “most prized assets”.\nKey Developments in Services\nOn the services front, a strong subscriber base had enabled the segment to hit record-setting revenues of more than $68.4 billion in fiscal 2021, up 27% from the prior year. To date, Apple has garnered more than 745 million paid subscribers across its high-margin service offerings, representing a five-fold increase over the last five years. Apple’s increasing push for a subscription-based business model across its wide variety of service platforms, ranging from Apple Music to iCloud storage solutions, paired with attractive new offerings that address key consumer trends in recent years have been a key driver to the company’s fast-expanding margins. New exciting add-on features introduced for existing service platforms include Spatial Audio and Lossless Audiofor Apple Music and the Apple Music Voice Plan. The new subscription-based offerings are expected to further Apple’s reach to adjacent opportunities stemming from increasing global usage of smartphones, laptops and other advanced home electronic products – for instance, the global music streaming market is expected to expand at a CAGR of 16% towards a projected value of $61 billion over the next five years, underscoring significant growth headroom for Apple Music. And Apple’s latest introduction of the Apple One bundle is expected to be a key contributor to furthering service segment sales in coming years by attracting new users to pay for subscription services that they otherwise would not have had it not been for the bundle discounts.\nContinued growth in market demand for mobile applications will also be a boon to Apple’s fast-growing services segment. The global market for mobile applications is expected to grow at a CAGR of 18.4% and reach a market value of more than $400 billion over the next five years. With AAPL hosting one of the largest and most used app stores in the world, it would be reasonable to assume that related revenues would grow at a similar pace. Despite mounting global regulatory scrutiny over Apple’s alleged antitrust violations with its App Store – the most notable of which stemming from an ongoing legal battle with Epic Games– the company’s continued focus on ensuring user privacy, security, and ease of transactions might have saved the day. According to a survey of 4,000 Apple product users performed by Morgan Stanley across the U.S. and China, most have indicated loyalty to Apple’s App store due to the “value of security, privacy and ease of transactions” provided, despite developers pushing for rights to transact outside of Apple’s ecosystem. Apple’s recent success in delaying App Store changes ordered by U.S. District Judge Yvonne Gonzalez Rogers in September as part of a year-long lawsuit brought against by Epic Games is another sign of the App Store’s continued strength. The company has argued that the court-mandated order to allow App Store users to “buy directly from developers on the web” would be a threat to the security of their privacy.\nCurrently, developers are fighting for their rights to have app users transact outside of Apple’s ecosystem, which charges developers a hefty commission fee of up to 30% on all purchases. As Apple continues with its appeal of the ruling, the ultimate court decision on whether App Store changes would need to be implemented could take at least another year. But even with an unfavorable ruling, where Apple would have to allow developers to redirect users to payments outside of its ecosystem and/or lower its in-app purchase commission rate, App Store revenues are only expected to decrease by at most $4 billion per year which will not place a material impact on its valuation prospects. The actual quantified impact might even be less than what the market has forecasted, considering the value that App Store users have ascribed to the level of security and convenience that Apple has offered through the platform.\nKey Catalysts Ahead\nApple is undoubtedly a key gateway to bringing emerging technologies to the mainstream due to its massive installed base of devices and related service platform users. And because of this, the highly anticipated launch of cutting-edge products like AR/VR headsets and autonomous vehicles in coming years will likely catapult the stock to new heights. The pioneer of disruptive consumer electronics and devices is expected to launch a VR headset and AR glasses by early 2023, a nascent technology that has been picking up steam in recent months with increasing talks of the metaverse. Similar to most VR headsets already available in the market, Apple’s will feature a 3D display to enable an immersive environment for a variety of activities from gaming to communicating. The differentiating factor will be the company’s plans to implement best-in-class graphics chips in the device to facilitate ultra-high-resolution displays. The impending VR headset will ultimately lay the foundation for its AR glasses, which Apple expects to be the “larger opportunity”.\nOver the next five years, opportunities pertaining to the metaverse are expected to blossom into an $800 billion market. Related software and service sales are expected to drive more than 70% of the projected addressable market, while the remainder will likely be driven by hardware sales. This makes strong tailwinds for Apple, which does not only stand to capitalize on growing metaverse opportunities through the sale of its impending AR/VR headset, but also adjacent revenues pertaining to the usage of related apps, software and service platforms.\nSpeculations on Apple’s ongoing development of a self-driving electric car is also expected to materialize into meaningful upsides for the stock within the foreseeable future. The company is now planning to launch the new product category by 2025, at which time the global autonomous vehicle market is expected to reach a value of more than $200 billion. The eventual car will likely feature homages to its existing product portfolio, like an “iPad-like touch screen” infotainment system. And on the technology front, Apple is believed to have completed the development of a custom silicon for powering the vehicle’s autonomous driving capabilities. The newest chips will soon be implemented into its existing fleet of retrofitted SUVs for testing in California according to the state’s DMV, a sign that the impending launch is near.\nWhile Apple’s current market value may already be reflective of “consistent material revenue contributions from new products and services over time”, additional upsides from the above-mentioned new product category launches are still missing. But this will likely change within the next 12 months as the impending launch of an Apple AR/VR device draws near. Near-term projections on early AR/VR device sales are expected to boost Apple’s valuation by at least $150 billion. And over time when metaverse trends continue to gain mainstream traction, Apple is expected to generate more than $200 billion in annual revenues from the AR/VR segment, which could add another 15% on top of its current market value.\nValuation Prospects and Potential Impacts from the Impending Rate Increases\nAdjusting our most recent forecast for Apple’s fiscal 2021 year-end results and December-quarter guidance, our base case projection estimates total net sales of $439.3 billion by the end of fiscal 2022, with further growth towards $668.5 billion by fiscal 2026. The growth assumptions applied across segment revenues in our forecast remains largely unchanged from our most recent analysis on the stock, with additional consideration for management’s near-term outlook on supply constraint impacts and the impending rate hikes. Specifically, lost revenues of $9 billion (i.e. approximately $3 billion during June-quarter and $6 billion during September-quarter) attributable to industry-wide chip shortages and pandemic-driven manufacturing delays during the second half of fiscal 2021 is expected to worsen into the first half of fiscal 2022. While there have been observed improvements to supply chain challenges, continuously robust demand for Apple products is what will drive a higher volume of lost sales in coming quarters. Nonetheless, Apple remains well-positioned for strong fundamentals ahead, which will help to alleviate some of investors’ concerns on valuation due to impending rate hikes.\n\ni. Base Case Financial Projections:\nSource: Author, with data from our internal financial forecast (Apple_-_Forecasted_Financial_Information.pdf). Please refer here for further detail on material growth assumptions applied.\nDrawing on the above considerations, our 12-month price target for the Apple stock has been revised to $209.43. This represents upside potential of more than 22% based on the last traded price of $171.14 on December 17th.\nSource: Author, with data from our internal valuation analysis.\nThe revised price target is derived using a discounted cash flow (“DCF”) analysis over a ten-year discrete period in conjunction with the financial projections updated for Apple’s recent developments as analyzed in earlier sections. Similar to our original valuation analysis, we have applied a WACC of 8% to discount Apple’s projected free cash flows. The discount function is reflective of the company’s risk profile, taking into consideration its current capital structure and strong balance sheet. Apple’s cost of capital for growth is not expected to change significantly as a result of the impending rate hikes, considering a large portion of its existing debt are fixed-rate notes. The company also boasts a consistently robust net cash position, in which management intends to deploy towards additional growth without having to incur incremental capital costs ahead of interest rate increases. This is expected to further cement investors’ confidence in the Apple stock, as they continue their “flight to quality” amidst fear of broader market pressure from rising interest rates.\nThe valuation analysis also assumes an exit multiple of 19.8x, which is consistent with current market expectations on Apple’s growth trajectory over the forecasted period. The applied exit multiple assumption could even improve further within the next 12 months, considering the impending launch of new product segments like AR/VR devices and autonomous vehicles, and offset any potential impacts from the upcoming increases to interest rates.\ni. Base Case Valuation Analysis:\n\nii. Sensitivity Analysis:\nSource: Author, with data from our internal valuation analysis.\nConclusion\nBased on the foregoing analysis, the anticipated addition of 175 to 200 basis points to the current near-zero Federal Fund Rate over the next two years is not expected to cause material adverse impacts to Apple’s performance from both a fundamental and valuation perspective. Robust global demand for Apple products and services, paired with new innovations are expected to further bolster the company’s fundamental growth prospects. This would accordingly bring additional improvements to Apple’s balance sheet, and further strengthen its position against downward valuation pressures from broader macro headwinds. In fact, increasing demand for quality growth stocks to counter risks resulting from the impending rate hikes might even fuel Apple’s valuation growth momentum. On these considerations, Apple remains one of the best-performing tech stocks to own given its robust uptrend to $3 trillion in the near-term despite impending rate hikes.","news_type":1,"symbols_score_info":{"AAPL":0.9}},"isVote":1,"tweetType":1,"viewCount":3911,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":699450200,"gmtCreate":1639880412144,"gmtModify":1639880412316,"author":{"id":"3578285722323782","authorId":"3578285722323782","name":"JG_7","avatar":"https://static.tigerbbs.com/943a617088822556a2e8fdb01023a8dd","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3578285722323782","authorIdStr":"3578285722323782"},"themes":[],"title":"","htmlText":"Good ","listText":"Good ","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/699450200","repostId":"1138605449","repostType":4,"repost":{"id":"1138605449","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1639746084,"share":"https://www.laohunote.com/m/news/1138605449?lang=zh_CN&edition=full","pubTime":"2021-12-17 21:01","market":"us","language":"en","title":"Toplines Before US Market Open on Friday<blockquote>周五美国市场开盘前的顶线</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1138605449","media":"Tiger Newspress","summary":"U.S. Stock futures headed for a lower open Friday morning after a rout in technology stocks during T","content":"<p>U.S. Stock futures headed for a lower open Friday morning after a rout in technology stocks during Thursday's regular trading day, as investors turned away from growth stocks in anticipation of tighter monetary policy next year.</p><p><blockquote>周四常规交易日科技股暴跌后,美国股指期货周五上午开盘走低,原因是投资者因预期明年货币政策收紧而放弃成长型股票。</blockquote></p><p> At 8:00 a.m. ET, Dow e-minis were down 117 points, or 0.33%, S&P 500 e-minis were down 24 points, or 0.52%, and Nasdaq 100 e-minis were down 153.5 points, or 0.97%.<img src=\"https://static.tigerbbs.com/120d112226a9ec4591babf844729ca58\" tg-width=\"1080\" tg-height=\"376\" width=\"100%\" height=\"auto\">Investors' main focus this week has remained fixed on the Federal Reserve's updated outlook on monetary policy for next year, with the central bank's projections delivered mid-week suggesting the Fed could hike interest rates three times next year.</p><p><blockquote>美国东部时间上午 8:00,道琼斯电子迷你指数下跌 117 点,跌幅 0.33%,标普500电子迷你指数下跌 24 点,跌幅 0.52%,纳斯达克 100 电子迷你指数下跌 153.5 点,跌幅 0.97%。投资者本周的主要关注点仍然是美联储对明年货币政策的最新展望,央行周中发布的预测表明美联储明年可能加息三次。</blockquote></p><p> <b>Stocks making the biggest moves premarket: </b></p><p><blockquote><b>盘前波动最大的股票:</b></blockquote></p><p> <b><a href=\"https://laohu8.com/S/DRI\">Darden Restaurants</a></b> – The parent of Olive Garden, Longhorn Steakhouse and other restaurant chains beat estimates by 5 cents with quarterly earnings of $1.48 per share and revenue that also topped forecasts. Same-restaurant sales jumped 34.4%, higher than the 32.6% consensus estimate compiled by StreetAccount, and Darden issued an upbeat forecast. Separately, Darden announced that CEO Eugene Lee will retire in May 2022, to be replaced by current President and Chief Operating Officer Ricardo Cardenas. Darden fell 5% in the premarket.</p><p><blockquote><b><a href=\"https://laohu8.com/S/DRI\">达顿餐厅</a></b>– Olive Garden、Longhorn Steakhouse 和其他连锁餐厅的母公司,季度收益为每股 1.48 美元,收入也超出预期,超出预期 5 美分。同店销售额跃升 34.4%,高于 StreetAccount 编制的 32.6% 的普遍预期,达顿发布了乐观的预测。另外,达顿宣布首席执行官 Eugene Lee 将于 2022 年 5 月退休,由现任总裁兼首席运营官 Ricardo Cardenas 接任。达顿在盘前下跌 5%。</blockquote></p><p> <b><a href=\"https://laohu8.com/S/WGO\">Winnebago</a></b> – The recreational vehicle maker added 3.4% in premarket trading after a sizable bottom-line beat for its fiscal first quarter. Winnebago earned $3.51 per share, compared with the consensus estimate of $2.26 and revenue that also came in above analyst forecasts.</p><p><blockquote><b><a href=\"https://laohu8.com/S/WGO\">温尼贝戈</a></b>– 这家休闲车制造商在第一财季大幅超出利润后,在盘前交易中上涨了 3.4%。Winnebago 每股收益为 3.51 美元,而市场普遍预期为 2.26 美元,收入也高于分析师预测。</blockquote></p><p> <b><a href=\"https://laohu8.com/S/FDX\">FedEx</a></b> – The delivery service’s shares rallied 5.9% in the premarket after beating estimates on the top and bottom lines for its latest quarter. FedEx earned an adjusted $4.83 per share, beating the $4.28 consensus estimate, with higher shipping rates helping to make up for increased expenses.</p><p><blockquote><b><a href=\"https://laohu8.com/S/FDX\">联邦快递</a></b>- 这家快递服务公司的股价在盘前上涨了 5.9%,此前其最新一个季度的营收和利润均超出了预期。联邦快递调整后每股收益为 4.83 美元,超过市场普遍预期的 4.28 美元,更高的运费有助于弥补增加的费用。</blockquote></p><p> <b><a href=\"https://laohu8.com/S/RIVN\">Rivian Automotive, Inc.</a></b> – The electric vehicle maker lost $1.23 billion for the third quarter stemming from expenses to begin production of its electric pickup truck. It was Rivian’s first quarterly report since going public, and revenue was $1 million from its first deliveries. The stock tumbled 7.9% in premarket trading.</p><p><blockquote><b><a href=\"https://laohu8.com/S/RIVN\">Rivian汽车公司。</a></b>– 这家电动汽车制造商第三季度亏损 12.3 亿美元,原因是开始生产电动皮卡的费用。这是Rivian上市以来的第一份季度报告,首批交付收入为 100 万美元。该股在盘前交易中下跌 7.9%。</blockquote></p><p> <b><a href=\"https://laohu8.com/S/EPAY\">Bottomline</a></b> – Bottomline shares soared 15.1% in the premarket after the fintech company agreed to be acquired by private equity firm Thoma Bravo for $57 per share in cash, or $2.6 billion.</p><p><blockquote><b><a href=\"https://laohu8.com/S/EPAY\">底线</a></b>– 在这家金融科技公司同意被私募股权公司 Thoma Bravo 以每股 57 美元现金(即 26 亿美元)收购后,底线股价在盘前飙升 15.1%。</blockquote></p><p> <b><a href=\"https://laohu8.com/S/CERN\">Cerner</a></b> – The healthcare information-technology company’s stock soared 18.9% in premarket trading after the Wall Street Journal reported that Oracle(ORCL) was in talks to buy Cerner in a potential $30 billion deal. Oracle fell 4.6%.</p><p><blockquote><b><a href=\"https://laohu8.com/S/CERN\">塞纳</a></b>- 在《华尔街日报》报道甲骨文(ORCL)正在洽谈以 300 亿美元的潜在交易收购 Cerner 后,这家医疗保健信息技术公司的股价在盘前交易中飙升 18.9%。甲骨文下跌 4.6%。</blockquote></p><p> <b><a href=\"https://laohu8.com/S/JNJ\">Johnson & Johnson</a></b> – <b><a href=\"https://laohu8.com/S/JNJ\">Johnson & Johnson</a></b> shares fell 2.1% in the premarket after the CDC recommended that adults receive the Pfizer(PFE) or Moderna(MRNA) Covid-19 vaccines rather than the J&J shot. The CDC cited new data showing higher levels of a blood clotting condition than previously thought, although that condition remains rare.</p><p><blockquote><b><a href=\"https://laohu8.com/S/JNJ\">强生公司</a></b>–<b><a href=\"https://laohu8.com/S/JNJ\">强生公司</a></b>在疾病预防控制中心建议成年人接种辉瑞 (PFE) 或 Moderna (MRNA) Covid-19 疫苗而不是强生疫苗后,股价在盘前下跌 2.1%。疾病预防控制中心引用的新数据显示,血液凝固状况的水平比以前认为的要高,尽管这种情况仍然罕见。</blockquote></p><p> <b><a href=\"https://laohu8.com/S/AFRM\">Affirm Holdings, Inc.</a></b> – The “buy now pay later” company’s stock fell 2.3% in the premarket after the Consumer Financial Protection Bureau said it was launching an inquiry into firms that offer such plans.</p><p><blockquote><b><a href=\"https://laohu8.com/S/AFRM\">肯定控股公司。</a></b>- 在消费者金融保护局表示将对提供此类计划的公司展开调查后,这家 “先买后付 ”公司的股价在盘前下跌了 2.3%。</blockquote></p><p> <b><a href=\"https://laohu8.com/S/NVAX\">Novavax</a></b> – The drug maker’s stock rose 1.3% in premarket action on a Financial Times report that the European Medicines Agency may approve its Covid-19 vaccine for emergency use as early as next week.</p><p><blockquote><b><a href=\"https://laohu8.com/S/NVAX\">诺瓦瓦克斯</a></b>- 英国《金融时报》报道称,欧洲药品管理局最早可能在下周批准其 Covid-19 疫苗紧急使用,该制药商的股价在盘前上涨了 1.3%。</blockquote></p><p> <b><a href=\"https://laohu8.com/S/X\">U.S. Steel</a></b> – The steel maker’s stock slid 4.4% in the premarket after the company issued lower-than-expected current-quarter guidance, with higher expenses and cautious customer buying patterns offsetting improved steel pricing.</p><p><blockquote><b><a href=\"https://laohu8.com/S/X\">美国钢铁公司</a></b>- 这家钢铁制造商的股价在盘前下跌了 4.4%,此前该公司发布的本季度业绩指引低于预期,支出增加和客户谨慎的购买模式抵消了钢铁定价的改善。</blockquote></p><p> <b><a href=\"https://laohu8.com/S/SCS\">Steelcase</a></b> – The office furniture maker reported lower-than-expected profit and revenue for the third quarter, with Steelcase saying its results have been impacted by supply chain issues and higher costs. Steelcase fell 4.4% in premarket trading.</p><p><blockquote><b><a href=\"https://laohu8.com/S/SCS\">钢壳</a></b>– 这家办公家具制造商公布的第三季度利润和收入低于预期,Steelcase 表示其业绩受到供应链问题和成本上升的影响。Steelcase 在盘前交易中下跌 4.4%。</blockquote></p><p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Toplines Before US Market Open on Friday<blockquote>周五美国市场开盘前的顶线</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nToplines Before US Market Open on Friday<blockquote>周五美国市场开盘前的顶线</blockquote>\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time smaller\">2021-12-17 21:01</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>U.S. Stock futures headed for a lower open Friday morning after a rout in technology stocks during Thursday's regular trading day, as investors turned away from growth stocks in anticipation of tighter monetary policy next year.</p><p><blockquote>周四常规交易日科技股暴跌后,美国股指期货周五上午开盘走低,原因是投资者因预期明年货币政策收紧而放弃成长型股票。</blockquote></p><p> At 8:00 a.m. ET, Dow e-minis were down 117 points, or 0.33%, S&P 500 e-minis were down 24 points, or 0.52%, and Nasdaq 100 e-minis were down 153.5 points, or 0.97%.<img src=\"https://static.tigerbbs.com/120d112226a9ec4591babf844729ca58\" tg-width=\"1080\" tg-height=\"376\" width=\"100%\" height=\"auto\">Investors' main focus this week has remained fixed on the Federal Reserve's updated outlook on monetary policy for next year, with the central bank's projections delivered mid-week suggesting the Fed could hike interest rates three times next year.</p><p><blockquote>美国东部时间上午 8:00,道琼斯电子迷你指数下跌 117 点,跌幅 0.33%,标普500电子迷你指数下跌 24 点,跌幅 0.52%,纳斯达克 100 电子迷你指数下跌 153.5 点,跌幅 0.97%。投资者本周的主要关注点仍然是美联储对明年货币政策的最新展望,央行周中发布的预测表明美联储明年可能加息三次。</blockquote></p><p> <b>Stocks making the biggest moves premarket: </b></p><p><blockquote><b>盘前波动最大的股票:</b></blockquote></p><p> <b><a href=\"https://laohu8.com/S/DRI\">Darden Restaurants</a></b> – The parent of Olive Garden, Longhorn Steakhouse and other restaurant chains beat estimates by 5 cents with quarterly earnings of $1.48 per share and revenue that also topped forecasts. Same-restaurant sales jumped 34.4%, higher than the 32.6% consensus estimate compiled by StreetAccount, and Darden issued an upbeat forecast. Separately, Darden announced that CEO Eugene Lee will retire in May 2022, to be replaced by current President and Chief Operating Officer Ricardo Cardenas. Darden fell 5% in the premarket.</p><p><blockquote><b><a href=\"https://laohu8.com/S/DRI\">达顿餐厅</a></b>– Olive Garden、Longhorn Steakhouse 和其他连锁餐厅的母公司,季度收益为每股 1.48 美元,收入也超出预期,超出预期 5 美分。同店销售额跃升 34.4%,高于 StreetAccount 编制的 32.6% 的普遍预期,达顿发布了乐观的预测。另外,达顿宣布首席执行官 Eugene Lee 将于 2022 年 5 月退休,由现任总裁兼首席运营官 Ricardo Cardenas 接任。达顿在盘前下跌 5%。</blockquote></p><p> <b><a href=\"https://laohu8.com/S/WGO\">Winnebago</a></b> – The recreational vehicle maker added 3.4% in premarket trading after a sizable bottom-line beat for its fiscal first quarter. Winnebago earned $3.51 per share, compared with the consensus estimate of $2.26 and revenue that also came in above analyst forecasts.</p><p><blockquote><b><a href=\"https://laohu8.com/S/WGO\">温尼贝戈</a></b>– 这家休闲车制造商在第一财季大幅超出利润后,在盘前交易中上涨了 3.4%。Winnebago 每股收益为 3.51 美元,而市场普遍预期为 2.26 美元,收入也高于分析师预测。</blockquote></p><p> <b><a href=\"https://laohu8.com/S/FDX\">FedEx</a></b> – The delivery service’s shares rallied 5.9% in the premarket after beating estimates on the top and bottom lines for its latest quarter. FedEx earned an adjusted $4.83 per share, beating the $4.28 consensus estimate, with higher shipping rates helping to make up for increased expenses.</p><p><blockquote><b><a href=\"https://laohu8.com/S/FDX\">联邦快递</a></b>- 这家快递服务公司的股价在盘前上涨了 5.9%,此前其最新一个季度的营收和利润均超出了预期。联邦快递调整后每股收益为 4.83 美元,超过市场普遍预期的 4.28 美元,更高的运费有助于弥补增加的费用。</blockquote></p><p> <b><a href=\"https://laohu8.com/S/RIVN\">Rivian Automotive, Inc.</a></b> – The electric vehicle maker lost $1.23 billion for the third quarter stemming from expenses to begin production of its electric pickup truck. It was Rivian’s first quarterly report since going public, and revenue was $1 million from its first deliveries. The stock tumbled 7.9% in premarket trading.</p><p><blockquote><b><a href=\"https://laohu8.com/S/RIVN\">Rivian汽车公司。</a></b>– 这家电动汽车制造商第三季度亏损 12.3 亿美元,原因是开始生产电动皮卡的费用。这是Rivian上市以来的第一份季度报告,首批交付收入为 100 万美元。该股在盘前交易中下跌 7.9%。</blockquote></p><p> <b><a href=\"https://laohu8.com/S/EPAY\">Bottomline</a></b> – Bottomline shares soared 15.1% in the premarket after the fintech company agreed to be acquired by private equity firm Thoma Bravo for $57 per share in cash, or $2.6 billion.</p><p><blockquote><b><a href=\"https://laohu8.com/S/EPAY\">底线</a></b>– 在这家金融科技公司同意被私募股权公司 Thoma Bravo 以每股 57 美元现金(即 26 亿美元)收购后,底线股价在盘前飙升 15.1%。</blockquote></p><p> <b><a href=\"https://laohu8.com/S/CERN\">Cerner</a></b> – The healthcare information-technology company’s stock soared 18.9% in premarket trading after the Wall Street Journal reported that Oracle(ORCL) was in talks to buy Cerner in a potential $30 billion deal. Oracle fell 4.6%.</p><p><blockquote><b><a href=\"https://laohu8.com/S/CERN\">塞纳</a></b>- 在《华尔街日报》报道甲骨文(ORCL)正在洽谈以 300 亿美元的潜在交易收购 Cerner 后,这家医疗保健信息技术公司的股价在盘前交易中飙升 18.9%。甲骨文下跌 4.6%。</blockquote></p><p> <b><a href=\"https://laohu8.com/S/JNJ\">Johnson & Johnson</a></b> – <b><a href=\"https://laohu8.com/S/JNJ\">Johnson & Johnson</a></b> shares fell 2.1% in the premarket after the CDC recommended that adults receive the Pfizer(PFE) or Moderna(MRNA) Covid-19 vaccines rather than the J&J shot. The CDC cited new data showing higher levels of a blood clotting condition than previously thought, although that condition remains rare.</p><p><blockquote><b><a href=\"https://laohu8.com/S/JNJ\">强生公司</a></b>–<b><a href=\"https://laohu8.com/S/JNJ\">强生公司</a></b>在疾病预防控制中心建议成年人接种辉瑞 (PFE) 或 Moderna (MRNA) Covid-19 疫苗而不是强生疫苗后,股价在盘前下跌 2.1%。疾病预防控制中心引用的新数据显示,血液凝固状况的水平比以前认为的要高,尽管这种情况仍然罕见。</blockquote></p><p> <b><a href=\"https://laohu8.com/S/AFRM\">Affirm Holdings, Inc.</a></b> – The “buy now pay later” company’s stock fell 2.3% in the premarket after the Consumer Financial Protection Bureau said it was launching an inquiry into firms that offer such plans.</p><p><blockquote><b><a href=\"https://laohu8.com/S/AFRM\">肯定控股公司。</a></b>- 在消费者金融保护局表示将对提供此类计划的公司展开调查后,这家 “先买后付 ”公司的股价在盘前下跌了 2.3%。</blockquote></p><p> <b><a href=\"https://laohu8.com/S/NVAX\">Novavax</a></b> – The drug maker’s stock rose 1.3% in premarket action on a Financial Times report that the European Medicines Agency may approve its Covid-19 vaccine for emergency use as early as next week.</p><p><blockquote><b><a href=\"https://laohu8.com/S/NVAX\">诺瓦瓦克斯</a></b>- 英国《金融时报》报道称,欧洲药品管理局最早可能在下周批准其 Covid-19 疫苗紧急使用,该制药商的股价在盘前上涨了 1.3%。</blockquote></p><p> <b><a href=\"https://laohu8.com/S/X\">U.S. Steel</a></b> – The steel maker’s stock slid 4.4% in the premarket after the company issued lower-than-expected current-quarter guidance, with higher expenses and cautious customer buying patterns offsetting improved steel pricing.</p><p><blockquote><b><a href=\"https://laohu8.com/S/X\">美国钢铁公司</a></b>- 这家钢铁制造商的股价在盘前下跌了 4.4%,此前该公司发布的本季度业绩指引低于预期,支出增加和客户谨慎的购买模式抵消了钢铁定价的改善。</blockquote></p><p> <b><a href=\"https://laohu8.com/S/SCS\">Steelcase</a></b> – The office furniture maker reported lower-than-expected profit and revenue for the third quarter, with Steelcase saying its results have been impacted by supply chain issues and higher costs. Steelcase fell 4.4% in premarket trading.</p><p><blockquote><b><a href=\"https://laohu8.com/S/SCS\">钢壳</a></b>– 这家办公家具制造商公布的第三季度利润和收入低于预期,Steelcase 表示其业绩受到供应链问题和成本上升的影响。Steelcase 在盘前交易中下跌 4.4%。</blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯",".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1138605449","content_text":"U.S. Stock futures headed for a lower open Friday morning after a rout in technology stocks during Thursday's regular trading day, as investors turned away from growth stocks in anticipation of tighter monetary policy next year.\nAt 8:00 a.m. ET, Dow e-minis were down 117 points, or 0.33%, S&P 500 e-minis were down 24 points, or 0.52%, and Nasdaq 100 e-minis were down 153.5 points, or 0.97%.Investors' main focus this week has remained fixed on the Federal Reserve's updated outlook on monetary policy for next year, with the central bank's projections delivered mid-week suggesting the Fed could hike interest rates three times next year.\nStocks making the biggest moves premarket: \nDarden Restaurants – The parent of Olive Garden, Longhorn Steakhouse and other restaurant chains beat estimates by 5 cents with quarterly earnings of $1.48 per share and revenue that also topped forecasts. Same-restaurant sales jumped 34.4%, higher than the 32.6% consensus estimate compiled by StreetAccount, and Darden issued an upbeat forecast. Separately, Darden announced that CEO Eugene Lee will retire in May 2022, to be replaced by current President and Chief Operating Officer Ricardo Cardenas. Darden fell 5% in the premarket.\nWinnebago – The recreational vehicle maker added 3.4% in premarket trading after a sizable bottom-line beat for its fiscal first quarter. Winnebago earned $3.51 per share, compared with the consensus estimate of $2.26 and revenue that also came in above analyst forecasts.\nFedEx – The delivery service’s shares rallied 5.9% in the premarket after beating estimates on the top and bottom lines for its latest quarter. FedEx earned an adjusted $4.83 per share, beating the $4.28 consensus estimate, with higher shipping rates helping to make up for increased expenses.\nRivian Automotive, Inc. – The electric vehicle maker lost $1.23 billion for the third quarter stemming from expenses to begin production of its electric pickup truck. It was Rivian’s first quarterly report since going public, and revenue was $1 million from its first deliveries. The stock tumbled 7.9% in premarket trading.\nBottomline – Bottomline shares soared 15.1% in the premarket after the fintech company agreed to be acquired by private equity firm Thoma Bravo for $57 per share in cash, or $2.6 billion.\nCerner – The healthcare information-technology company’s stock soared 18.9% in premarket trading after the Wall Street Journal reported that Oracle(ORCL) was in talks to buy Cerner in a potential $30 billion deal. Oracle fell 4.6%.\nJohnson & Johnson – Johnson & Johnson shares fell 2.1% in the premarket after the CDC recommended that adults receive the Pfizer(PFE) or Moderna(MRNA) Covid-19 vaccines rather than the J&J shot. The CDC cited new data showing higher levels of a blood clotting condition than previously thought, although that condition remains rare.\nAffirm Holdings, Inc. – The “buy now pay later” company’s stock fell 2.3% in the premarket after the Consumer Financial Protection Bureau said it was launching an inquiry into firms that offer such plans.\nNovavax – The drug maker’s stock rose 1.3% in premarket action on a Financial Times report that the European Medicines Agency may approve its Covid-19 vaccine for emergency use as early as next week.\nU.S. Steel – The steel maker’s stock slid 4.4% in the premarket after the company issued lower-than-expected current-quarter guidance, with higher expenses and cautious customer buying patterns offsetting improved steel pricing.\nSteelcase – The office furniture maker reported lower-than-expected profit and revenue for the third quarter, with Steelcase saying its results have been impacted by supply chain issues and higher costs. Steelcase fell 4.4% in premarket trading.","news_type":1,"symbols_score_info":{".IXIC":0.9,".DJI":0.9,".SPX":0.9}},"isVote":1,"tweetType":1,"viewCount":5465,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":699450988,"gmtCreate":1639880353337,"gmtModify":1639880353512,"author":{"id":"3578285722323782","authorId":"3578285722323782","name":"JG_7","avatar":"https://static.tigerbbs.com/943a617088822556a2e8fdb01023a8dd","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3578285722323782","authorIdStr":"3578285722323782"},"themes":[],"title":"","htmlText":"Good 👍 ","listText":"Good 👍 ","text":"Good 👍","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/699450988","repostId":"2192754259","repostType":4,"isVote":1,"tweetType":1,"viewCount":4606,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":699658940,"gmtCreate":1639795431583,"gmtModify":1639795431869,"author":{"id":"3578285722323782","authorId":"3578285722323782","name":"JG_7","avatar":"https://static.tigerbbs.com/943a617088822556a2e8fdb01023a8dd","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3578285722323782","authorIdStr":"3578285722323782"},"themes":[],"title":"","htmlText":"Thanks for sharing 👍","listText":"Thanks for sharing 👍","text":"Thanks for sharing 👍","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/699658940","repostId":"2192497854","repostType":4,"isVote":1,"tweetType":1,"viewCount":3753,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":690982240,"gmtCreate":1639621867350,"gmtModify":1639621867547,"author":{"id":"3578285722323782","authorId":"3578285722323782","name":"JG_7","avatar":"https://static.tigerbbs.com/943a617088822556a2e8fdb01023a8dd","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3578285722323782","authorIdStr":"3578285722323782"},"themes":[],"title":"","htmlText":"Great 👍","listText":"Great 👍","text":"Great 👍","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/690982240","repostId":"1156446659","repostType":2,"repost":{"id":"1156446659","kind":"news","pubTimestamp":1639540344,"share":"https://www.laohunote.com/m/news/1156446659?lang=zh_CN&edition=full","pubTime":"2021-12-15 11:52","market":"us","language":"en","title":"Warren Buffett has grown Berkshire Hathaway's Apple stake to 50% of its entire equity portfolio and nearly a quarter of its $649 billion market cap<blockquote>巴菲特已将伯克希尔哈撒韦公司的苹果股份增加到其全部股票投资组合的 50%,占其 6,490 亿美元市值的近四分之一</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1156446659","media":"Business Insider","summary":"Berkshire Hathaway's Apple holdings of 887 million shares swelled to a value of $159 billion on Frid","content":"<p><div> Berkshire Hathaway's Apple holdings of 887 million shares swelled to a value of $159 billion on Friday. That makes the stake worth half of Berkshire's entire equity portfolio, and almost 25% of its $...</p><p><blockquote><div>周五,伯克希尔哈撒韦公司持有的 8.87 亿股苹果股票价值飙升至 1,590 亿美元。这使得这些股份相当于伯克希尔整个股票投资组合的一半,以及近25%的美元……</div></blockquote></p><p> <a href=\"https://markets.businessinsider.com/news/stocks/warren-buffett-apple-stake-half-berkshire-hathaway-equity-portfolio-concentration-2021-12\">网页链接</a> </div> </p><p><blockquote><a href=\"https://markets.businessinsider.com/news/stocks/warren-buffett-apple-stake-half-berkshire-hathaway-equity-portfolio-concentration-2021-12\">网页连接</a></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>Warren Buffett has grown Berkshire Hathaway's Apple stake to 50% of its entire equity portfolio and nearly a quarter of its $649 billion market cap<blockquote>巴菲特已将伯克希尔哈撒韦公司的苹果股份增加到其全部股票投资组合的 50%,占其 6,490 亿美元市值的近四分之一</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\">\nWarren Buffett has grown Berkshire Hathaway's Apple stake to 50% of its entire equity portfolio and nearly a quarter of its $649 billion market cap<blockquote>巴菲特已将伯克希尔哈撒韦公司的苹果股份增加到其全部股票投资组合的 50%,占其 6,490 亿美元市值的近四分之一</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Business Insider</strong><span class=\"h-time small\">2021-12-15 11:52</span>\n</p>\n</h4>\n</header>\n<article>\n<p><div> Berkshire Hathaway's Apple holdings of 887 million shares swelled to a value of $159 billion on Friday. That makes the stake worth half of Berkshire's entire equity portfolio, and almost 25% of its $...</p><p><blockquote><div>周五,伯克希尔哈撒韦公司持有的 8.87 亿股苹果股票价值飙升至 1,590 亿美元。这使得这些股份相当于伯克希尔整个股票投资组合的一半,以及近25%的美元……</div></blockquote></p><p> <a href=\"https://markets.businessinsider.com/news/stocks/warren-buffett-apple-stake-half-berkshire-hathaway-equity-portfolio-concentration-2021-12\">网页链接</a> </div> </p><p><blockquote><a href=\"https://markets.businessinsider.com/news/stocks/warren-buffett-apple-stake-half-berkshire-hathaway-equity-portfolio-concentration-2021-12\">网页连接</a></blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源:<a href=\"https://markets.businessinsider.com/news/stocks/warren-buffett-apple-stake-half-berkshire-hathaway-equity-portfolio-concentration-2021-12\">Business Insider</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":{"BRK.B":"伯克希尔B","AAPL":"苹果","BRK.A":"伯克希尔"},"source_url":"https://markets.businessinsider.com/news/stocks/warren-buffett-apple-stake-half-berkshire-hathaway-equity-portfolio-concentration-2021-12","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1156446659","content_text":"Berkshire Hathaway's Apple holdings of 887 million shares swelled to a value of $159 billion on Friday.\nThat makes the stake worth half of Berkshire's entire equity portfolio, and almost 25% of its $649 billion market capitalization.\nWarren Buffett started to build Berkshire's position in Apple in 2016 and added to it up until mid-2018.\n\nSCOTT MORGAN/REUTERS\nWarren Buffett is known for concentrating his investments to build generational wealth, and Berkshire Hathaway's stake in Apple is no better example of that investment practice.\nBerkshire's 887.1 million shares in the iPhone maker swelled to a record value of $159 billion on Friday, a 342% increase from its original cost basis of about $36 billion.That means Apple is now worth more than half of Berkshire's $293 billion equity portfolio, based on data from its third-quarter 13F filing.\nAnd assuming Berkshire hasn't trimmed its Apple position since September 30, the equity stake now represents about a quarter of Berkshire Hathaway's $649 billion market capitalization.\nWhat also makes Buffett's concentration in Apple notable is that it didn't take decades to compound like most successful investments managed by Buffett. Instead, it's only been five years since Berkshire began to build its stake in Apple.\nThe conglomerate first purchased Apple shares in 2016 and continued buying them until mid-2018, when the position topped 1 billion shares after adjusting for a 4-for-1 stock split in 2020. Buffett has trimmed Berkshire's position in Apple by about 12% since initially building the stake.\nBarring any changes since the most recent 13F filing, Berkshire's stock portfolio would be up 13.9% quarter-to-date, according to an analysis by Bespoke.Much of that gain has been driven by Apple's quarter-to-date gain of more than 20%.\nYear-to-date, Apple is up 31%, compared to Berkshire Hathaway's return of 26%. Apple's stock price was less than $1.00 away from hitting a $3 trillion valuation on Monday.\nBerkshire's three largest positions after Apple are Bank of America,American Express, and Coca-Cola, which make up a combined 30% of the equity portfolio's value. And Berkshire is still sitting on about $150 billion in cash that it has yet to put to work.","news_type":1,"symbols_score_info":{"BRK.B":0.9,"BRK.A":0.9,"AAPL":0.9}},"isVote":1,"tweetType":1,"viewCount":4406,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":690981895,"gmtCreate":1639621577805,"gmtModify":1639621577962,"author":{"id":"3578285722323782","authorId":"3578285722323782","name":"JG_7","avatar":"https://static.tigerbbs.com/943a617088822556a2e8fdb01023a8dd","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3578285722323782","authorIdStr":"3578285722323782"},"themes":[],"title":"","htmlText":"🚀🚀","listText":"🚀🚀","text":"🚀🚀","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/690981895","repostId":"607772702","repostType":1,"repost":{"id":607772702,"gmtCreate":1639610585070,"gmtModify":1639610585253,"author":{"id":"4094887359325460","authorId":"4094887359325460","name":"AnnieReis","avatar":"https://static.tigerbbs.com/9ac7e5d95e484c74f3326b57fa3c7fc0","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4094887359325460","authorIdStr":"4094887359325460"},"themes":[],"title":"","htmlText":"<a href=\"https://laohu8.com/S/PFE\">$Pfizer(PFE)$</a>j继续加油! 😁","listText":"<a href=\"https://laohu8.com/S/PFE\">$Pfizer(PFE)$</a>j继续加油! 😁","text":"$Pfizer(PFE)$j继续加油! 😁","images":[{"img":"https://static.tigerbbs.com/d270f00cc6ddb3feb6800fe6e28210f1","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/607772702","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"CN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":4295,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":607666146,"gmtCreate":1639533974599,"gmtModify":1639533974753,"author":{"id":"3578285722323782","authorId":"3578285722323782","name":"JG_7","avatar":"https://static.tigerbbs.com/943a617088822556a2e8fdb01023a8dd","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3578285722323782","authorIdStr":"3578285722323782"},"themes":[],"title":"","htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/607666146","repostId":"2191784951","repostType":4,"isVote":1,"tweetType":1,"viewCount":5238,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":604745561,"gmtCreate":1639450147669,"gmtModify":1639451134970,"author":{"id":"3578285722323782","authorId":"3578285722323782","name":"JG_7","avatar":"https://static.tigerbbs.com/943a617088822556a2e8fdb01023a8dd","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3578285722323782","authorIdStr":"3578285722323782"},"themes":[],"title":"","htmlText":"Good 👍 ","listText":"Good 👍 ","text":"Good 👍","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/604745561","repostId":"1167465214","repostType":4,"repost":{"id":"1167465214","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1639406352,"share":"https://www.laohunote.com/m/news/1167465214?lang=zh_CN&edition=full","pubTime":"2021-12-13 22:39","market":"us","language":"en","title":"Arena Pharmaceuticals jumped over 80% in morning trading as Pfizer acquired it for US $100/share<blockquote>辉瑞以每股 100 美元收购 Arena Pharmaceuticals,早盘交易中股价上涨超过 80%</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1167465214","media":"Tiger Newspress","summary":"Arena Pharmaceuticals jumped over 80% in morning trading as Pfizer acquired it for US $100/share.Pfi","content":"<p>Arena Pharmaceuticals jumped over 80% in morning trading as Pfizer acquired it for US $100/share.<img src=\"https://static.tigerbbs.com/baca4cde05c414b1c77aa618108489b1\" tg-width=\"774\" tg-height=\"568\" width=\"100%\" height=\"auto\">Pfizer Inc has agreed to acquire Arena Pharmaceuticals in a $6.7 billion all-cash deal to expand its cancer and inflammatory disease treatment pipeline, the companies said on Monday.</p><p><blockquote>辉瑞以每股 100 美元的价格收购了 Arena Pharmaceuticals,该公司在早盘交易中股价上涨超过 80%。辉瑞公司周一表示,已同意以 67 亿美元的全现金交易收购 Arena Pharmaceuticals,以扩大其癌症和炎症性疾病治疗产品线。</blockquote></p><p> Pfizer will take over all outstanding shares of Arena for $100 per share, representing a 100.2% premium to Arena's last closing price.</p><p><blockquote>辉瑞将以每股 100 美元的价格收购 Arena 的所有流通股,较 Arena 最新收盘价溢价 100.2%。</blockquote></p><p> Arena is developing several treatments for gastroenterology, dermatology, and cardiology. The drug developer's ulcerative colitis treatment candidate, etrasimod, is in a late-stage study.</p><p><blockquote>Arena正在为胃肠病学、皮肤病学和心脏病学开发几种治疗方法。该药物开发商的溃疡性结肠炎治疗候选药物依曲莫德正处于后期研究阶段。</blockquote></p><p> Pfizer said it expects to finance the transaction with cash on hand.</p><p><blockquote>辉瑞表示,预计将用手头现金为这笔交易提供资金。</blockquote></p><p> Pfizer’s financial advisers for the transaction are BofA Securities and Centerview Partners LLC, while Guggenheim Securities LLC and Evercore Group LLC advised Arena.</p><p><blockquote>辉瑞此次交易的财务顾问是美国银行证券和 Centerview Partners LLC,古根海姆证券有限责任公司和 Evercore Group LLC 为 Arena 提供咨询服务。</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>Arena Pharmaceuticals jumped over 80% in morning trading as Pfizer acquired it for US $100/share<blockquote>辉瑞以每股 100 美元收购 Arena Pharmaceuticals,早盘交易中股价上涨超过 80%</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nArena Pharmaceuticals jumped over 80% in morning trading as Pfizer acquired it for US $100/share<blockquote>辉瑞以每股 100 美元收购 Arena Pharmaceuticals,早盘交易中股价上涨超过 80%</blockquote>\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time smaller\">2021-12-13 22:39</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>Arena Pharmaceuticals jumped over 80% in morning trading as Pfizer acquired it for US $100/share.<img src=\"https://static.tigerbbs.com/baca4cde05c414b1c77aa618108489b1\" tg-width=\"774\" tg-height=\"568\" width=\"100%\" height=\"auto\">Pfizer Inc has agreed to acquire Arena Pharmaceuticals in a $6.7 billion all-cash deal to expand its cancer and inflammatory disease treatment pipeline, the companies said on Monday.</p><p><blockquote>辉瑞以每股 100 美元的价格收购了 Arena Pharmaceuticals,该公司在早盘交易中股价上涨超过 80%。辉瑞公司周一表示,已同意以 67 亿美元的全现金交易收购 Arena Pharmaceuticals,以扩大其癌症和炎症性疾病治疗产品线。</blockquote></p><p> Pfizer will take over all outstanding shares of Arena for $100 per share, representing a 100.2% premium to Arena's last closing price.</p><p><blockquote>辉瑞将以每股 100 美元的价格收购 Arena 的所有流通股,较 Arena 最新收盘价溢价 100.2%。</blockquote></p><p> Arena is developing several treatments for gastroenterology, dermatology, and cardiology. The drug developer's ulcerative colitis treatment candidate, etrasimod, is in a late-stage study.</p><p><blockquote>Arena正在为胃肠病学、皮肤病学和心脏病学开发几种治疗方法。该药物开发商的溃疡性结肠炎治疗候选药物依曲莫德正处于后期研究阶段。</blockquote></p><p> Pfizer said it expects to finance the transaction with cash on hand.</p><p><blockquote>辉瑞表示,预计将用手头现金为这笔交易提供资金。</blockquote></p><p> Pfizer’s financial advisers for the transaction are BofA Securities and Centerview Partners LLC, while Guggenheim Securities LLC and Evercore Group LLC advised Arena.</p><p><blockquote>辉瑞此次交易的财务顾问是美国银行证券和 Centerview Partners LLC,古根海姆证券有限责任公司和 Evercore Group LLC 为 Arena 提供咨询服务。</blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"PFE":"辉瑞","ARNA":"阿里那"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1167465214","content_text":"Arena Pharmaceuticals jumped over 80% in morning trading as Pfizer acquired it for US $100/share.Pfizer Inc has agreed to acquire Arena Pharmaceuticals in a $6.7 billion all-cash deal to expand its cancer and inflammatory disease treatment pipeline, the companies said on Monday.\nPfizer will take over all outstanding shares of Arena for $100 per share, representing a 100.2% premium to Arena's last closing price.\nArena is developing several treatments for gastroenterology, dermatology, and cardiology. The drug developer's ulcerative colitis treatment candidate, etrasimod, is in a late-stage study.\nPfizer said it expects to finance the transaction with cash on hand.\nPfizer’s financial advisers for the transaction are BofA Securities and Centerview Partners LLC, while Guggenheim Securities LLC and Evercore Group LLC advised Arena.","news_type":1,"symbols_score_info":{"PFE":0.9,"ARNA":0.9}},"isVote":1,"tweetType":1,"viewCount":5252,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":605949536,"gmtCreate":1639105335667,"gmtModify":1639106297586,"author":{"id":"3578285722323782","authorId":"3578285722323782","name":"JG_7","avatar":"https://static.tigerbbs.com/943a617088822556a2e8fdb01023a8dd","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3578285722323782","authorIdStr":"3578285722323782"},"themes":[],"title":"","htmlText":"Good 👍 ","listText":"Good 👍 ","text":"Good 👍","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/605949536","repostId":"1169029812","repostType":4,"repost":{"id":"1169029812","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1639073261,"share":"https://www.laohunote.com/m/news/1169029812?lang=zh_CN&edition=full","pubTime":"2021-12-10 02:07","market":"us","language":"en","title":"Brazilian fintech giant Nubank spikes 26% on its first day of trading<blockquote>巴西金融科技巨头 Nubank 首日股价飙升 26%</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1169029812","media":"Tiger Newspress","summary":"Brazilian fintech giant Nubank spikes 26% on its first day of trading.\n\nNu Holdings Ltd.(NU), whose ","content":"<p>Brazilian fintech giant Nubank spikes 26% on its first day of trading.</p><p><blockquote>巴西金融科技巨头 Nubank 首个交易日股价飙升 26%。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/a3329a500714309fd90e7b12ceaef5d0\" tg-width=\"1833\" tg-height=\"825\" width=\"100%\" height=\"auto\"></p><p><blockquote></blockquote></p><p> Nu Holdings Ltd.(NU), whose backers include Warren Buffett’s Berkshire Hathaway Inc.,also known as Nubank, is headed for its public debut on the NYSE Thursday, as the Brazil-based digital banking platform's initial public offering priced overnight at the top of the expected range. The company raised $2.60 billion, as it sold 289.15 million shares in the IPO, which priced at $9, compared with the expected range of between $8 and $9 a share. With 4.61 billion shares expected after the IPO, the pricing values the company at about $41.48 billion. The stock is expected to begin trading some time after the open under the ticker symbol \"NU.\"</p><p><blockquote>Nu Holdings Ltd.(NU)的支持者包括沃伦-巴菲特(Warren Buffett)的伯克希尔-哈撒韦公司(Berkshire Hathaway Inc.,又称 Nubank),该公司将于周四在纽约证券交易所首次公开募股,这家总部位于巴西的数字银行平台的首次公开募股隔夜定价处于预期区间的顶端。该公司在 IPO 中出售了 2.8915 亿股股票,筹集了 26 亿美元,定价为 9 美元,而预期每股 8 至 9 美元。IPO 后预计将发行 46.1 亿股股票,该公司的定价约为 414.8 亿美元。该股预计将在开盘后一段时间开始交易,股票代码为“NU”。</blockquote></p><p> Berkshire bought 10% of the shares in the offering, said a person familiar with the matter who asked not to be identified because it wasn’t public. Berkshire didn’t immediately respond to a request for comment sent to Buffett’s assistant.</p><p><blockquote>一位不愿透露姓名的知情人士说,伯克希尔在此次发行中购买了 10% 的股份。伯克希尔没有立即回应巴菲特助理的置评请求。</blockquote></p><p> Nubank’s IPO makes it the most valuable financial institution in Latin America, surpassing Itau Unibanco Holding SA, with a $38 billion market value.</p><p><blockquote>Nubank 的首次公开募股使其成为拉丁美洲最有价值的金融机构,超过了 Itau Unibanco Holding SA,市值达 380 亿美元。</blockquote></p><p> Sequoia Capital, which invested $1 million in Nubank in 2013 in a seed round, now has a stake that is worth $7.1 billion at the $9 share price, based on the company’s filings. Other top shareholders include DST Global, Tencent and Tiger Global.</p><p><blockquote>红杉资本(Sequoia Capital)于 2013 年在种子轮投资了 100 万美元,根据该公司的文件,目前按 9 美元的股价计算,其持股价值 71 亿美元。其他主要股东包括 DST Global、腾讯控股和老虎环球。</blockquote></p><p> <b>Berkshire’s Stake</b></p><p><blockquote><b>伯克希尔股份</b></blockquote></p><p> Berkshire invested in Nubank in June, taking a $500 million stake valuing the company at $30 billion, a person familiar with the matter said at the time.</p><p><blockquote>一位知情人士当时表示,伯克希尔在 6 月份投资了 Nubank,持有 5 亿美元的股份,该公司估值为 300 亿美元。</blockquote></p><p> Nubank, the world’s biggest standalone digital bank, had more than 48 million customers across Brazil, Mexico and Colombia as of September. It provides easy-to-use financial products that come with relatively low fees.</p><p><blockquote>Nubank 是全球最大的独立数字银行,截至 9 月份,在巴西、墨西哥和哥伦比亚拥有超过 4800 万客户。它提供易于使用的金融产品,费用相对较低。</blockquote></p><p> <b>Expansion Push</b></p><p><blockquote><b>膨胀推力</b></blockquote></p><p> The company said it had a $99 million loss on revenue of $1.06 billion for the nine-month period ended Sept. 30. Interest income accounted for $607 million of that revenue, with fees and commissions making up the remainder.</p><p><blockquote>该公司表示,截至 9 月 30 日的九个月期间,其收入为 10.6 亿美元,亏损 9900 万美元。其中利息收入占6.07亿美元,其余部分为费用和佣金。</blockquote></p><p> Nubank warned investors to brace for “short-term profit implications” from the firm’s expansion push.</p><p><blockquote>Nubank 警告投资者要为公司扩张带来的 “短期利润影响”做好准备。</blockquote></p><p> Chief Executive Officer David Velez will own a stake in the company worth about $8.9 billion at the IPO price. His co-founder, Cristina Junqueira, has a stake worth $1.1 billion.</p><p><blockquote>首席执行官 David Velez 将按 IPO 价格持有该公司价值约 89 亿美元的股份。他的联合创始人克里斯蒂娜·琼奎拉 (Cristina Junqueira) 拥有价值 11 亿美元的股份。</blockquote></p><p> Before creating the startup, Velez spent two years at Sequoia, trying to find an investment in Latin America. Instead he left with an idea of his own.</p><p><blockquote>在创建这家初创公司之前,Velez 在红杉公司工作了两年,试图在拉丁美洲寻找投资。相反,他带着自己的想法离开了。</blockquote></p><p> Velez, who’s Colombian, had a grueling experience opening a bank account in Brazil and enlisted Junqueira, fresh off a stint at Itau’s credit card unit, to help him create an alternative.</p><p><blockquote>贝莱斯是哥伦比亚人,他在巴西开设银行账户的经历很艰难,于是他请来了刚在伊陶信用卡部门工作过的洪奎拉,帮助他创建一个替代账户。</blockquote></p><p> Brazil, like much of Latin America, is plagued by expensive financial services that are available to only a limited portion of the population. Century-old banks dominate the market beset by bureaucratic barriers. Still, a high percentage of the region’s 700 million people own mobile phones, making it an attractive target for digital banks.</p><p><blockquote>像拉丁美洲的大部分地区一样,巴西受到昂贵的金融服务的困扰,而这些服务只有有限一部分人口能够获得。百年老银行主导着受官僚壁垒困扰的市场。尽管如此,该地区 7 亿人口中有很高比例拥有手机,这使得该地区成为数字银行极具吸引力的目标。</blockquote></p><p> Velez, whose Class B shares come with 20 votes each compared with one apiece for the Class A shares sold in the IPO, will hold 75% of the company’s voting power after the offering. Junqueira will control 9.3% of the voting power. Neither planned to sell shares in the offering, according to the filings.</p><p><blockquote>Velez 的 B 类股每股有 20 票,而 IPO 中出售的 A 类股每股有 1 票,发行后将持有公司 75% 的投票权。Junqueira将控制9.3%的投票权。文件显示,两人都不打算在此次发行中出售股票。</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>Brazilian fintech giant Nubank spikes 26% on its first day of trading<blockquote>巴西金融科技巨头 Nubank 首日股价飙升 26%</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\">\nBrazilian fintech giant Nubank spikes 26% on its first day of trading<blockquote>巴西金融科技巨头 Nubank 首日股价飙升 26%</blockquote>\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time smaller\">2021-12-10 02:07</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>Brazilian fintech giant Nubank spikes 26% on its first day of trading.</p><p><blockquote>巴西金融科技巨头 Nubank 首个交易日股价飙升 26%。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/a3329a500714309fd90e7b12ceaef5d0\" tg-width=\"1833\" tg-height=\"825\" width=\"100%\" height=\"auto\"></p><p><blockquote></blockquote></p><p> Nu Holdings Ltd.(NU), whose backers include Warren Buffett’s Berkshire Hathaway Inc.,also known as Nubank, is headed for its public debut on the NYSE Thursday, as the Brazil-based digital banking platform's initial public offering priced overnight at the top of the expected range. The company raised $2.60 billion, as it sold 289.15 million shares in the IPO, which priced at $9, compared with the expected range of between $8 and $9 a share. With 4.61 billion shares expected after the IPO, the pricing values the company at about $41.48 billion. The stock is expected to begin trading some time after the open under the ticker symbol \"NU.\"</p><p><blockquote>Nu Holdings Ltd.(NU)的支持者包括沃伦-巴菲特(Warren Buffett)的伯克希尔-哈撒韦公司(Berkshire Hathaway Inc.,又称 Nubank),该公司将于周四在纽约证券交易所首次公开募股,这家总部位于巴西的数字银行平台的首次公开募股隔夜定价处于预期区间的顶端。该公司在 IPO 中出售了 2.8915 亿股股票,筹集了 26 亿美元,定价为 9 美元,而预期每股 8 至 9 美元。IPO 后预计将发行 46.1 亿股股票,该公司的定价约为 414.8 亿美元。该股预计将在开盘后一段时间开始交易,股票代码为“NU”。</blockquote></p><p> Berkshire bought 10% of the shares in the offering, said a person familiar with the matter who asked not to be identified because it wasn’t public. Berkshire didn’t immediately respond to a request for comment sent to Buffett’s assistant.</p><p><blockquote>一位不愿透露姓名的知情人士说,伯克希尔在此次发行中购买了 10% 的股份。伯克希尔没有立即回应巴菲特助理的置评请求。</blockquote></p><p> Nubank’s IPO makes it the most valuable financial institution in Latin America, surpassing Itau Unibanco Holding SA, with a $38 billion market value.</p><p><blockquote>Nubank 的首次公开募股使其成为拉丁美洲最有价值的金融机构,超过了 Itau Unibanco Holding SA,市值达 380 亿美元。</blockquote></p><p> Sequoia Capital, which invested $1 million in Nubank in 2013 in a seed round, now has a stake that is worth $7.1 billion at the $9 share price, based on the company’s filings. Other top shareholders include DST Global, Tencent and Tiger Global.</p><p><blockquote>红杉资本(Sequoia Capital)于 2013 年在种子轮投资了 100 万美元,根据该公司的文件,目前按 9 美元的股价计算,其持股价值 71 亿美元。其他主要股东包括 DST Global、腾讯控股和老虎环球。</blockquote></p><p> <b>Berkshire’s Stake</b></p><p><blockquote><b>伯克希尔股份</b></blockquote></p><p> Berkshire invested in Nubank in June, taking a $500 million stake valuing the company at $30 billion, a person familiar with the matter said at the time.</p><p><blockquote>一位知情人士当时表示,伯克希尔在 6 月份投资了 Nubank,持有 5 亿美元的股份,该公司估值为 300 亿美元。</blockquote></p><p> Nubank, the world’s biggest standalone digital bank, had more than 48 million customers across Brazil, Mexico and Colombia as of September. It provides easy-to-use financial products that come with relatively low fees.</p><p><blockquote>Nubank 是全球最大的独立数字银行,截至 9 月份,在巴西、墨西哥和哥伦比亚拥有超过 4800 万客户。它提供易于使用的金融产品,费用相对较低。</blockquote></p><p> <b>Expansion Push</b></p><p><blockquote><b>膨胀推力</b></blockquote></p><p> The company said it had a $99 million loss on revenue of $1.06 billion for the nine-month period ended Sept. 30. Interest income accounted for $607 million of that revenue, with fees and commissions making up the remainder.</p><p><blockquote>该公司表示,截至 9 月 30 日的九个月期间,其收入为 10.6 亿美元,亏损 9900 万美元。其中利息收入占6.07亿美元,其余部分为费用和佣金。</blockquote></p><p> Nubank warned investors to brace for “short-term profit implications” from the firm’s expansion push.</p><p><blockquote>Nubank 警告投资者要为公司扩张带来的 “短期利润影响”做好准备。</blockquote></p><p> Chief Executive Officer David Velez will own a stake in the company worth about $8.9 billion at the IPO price. His co-founder, Cristina Junqueira, has a stake worth $1.1 billion.</p><p><blockquote>首席执行官 David Velez 将按 IPO 价格持有该公司价值约 89 亿美元的股份。他的联合创始人克里斯蒂娜·琼奎拉 (Cristina Junqueira) 拥有价值 11 亿美元的股份。</blockquote></p><p> Before creating the startup, Velez spent two years at Sequoia, trying to find an investment in Latin America. Instead he left with an idea of his own.</p><p><blockquote>在创建这家初创公司之前,Velez 在红杉公司工作了两年,试图在拉丁美洲寻找投资。相反,他带着自己的想法离开了。</blockquote></p><p> Velez, who’s Colombian, had a grueling experience opening a bank account in Brazil and enlisted Junqueira, fresh off a stint at Itau’s credit card unit, to help him create an alternative.</p><p><blockquote>贝莱斯是哥伦比亚人,他在巴西开设银行账户的经历很艰难,于是他请来了刚在伊陶信用卡部门工作过的洪奎拉,帮助他创建一个替代账户。</blockquote></p><p> Brazil, like much of Latin America, is plagued by expensive financial services that are available to only a limited portion of the population. Century-old banks dominate the market beset by bureaucratic barriers. Still, a high percentage of the region’s 700 million people own mobile phones, making it an attractive target for digital banks.</p><p><blockquote>像拉丁美洲的大部分地区一样,巴西受到昂贵的金融服务的困扰,而这些服务只有有限一部分人口能够获得。百年老银行主导着受官僚壁垒困扰的市场。尽管如此,该地区 7 亿人口中有很高比例拥有手机,这使得该地区成为数字银行极具吸引力的目标。</blockquote></p><p> Velez, whose Class B shares come with 20 votes each compared with one apiece for the Class A shares sold in the IPO, will hold 75% of the company’s voting power after the offering. Junqueira will control 9.3% of the voting power. Neither planned to sell shares in the offering, according to the filings.</p><p><blockquote>Velez 的 B 类股每股有 20 票,而 IPO 中出售的 A 类股每股有 1 票,发行后将持有公司 75% 的投票权。Junqueira将控制9.3%的投票权。文件显示,两人都不打算在此次发行中出售股票。</blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NU":"Nu Holdings Ltd."},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1169029812","content_text":"Brazilian fintech giant Nubank spikes 26% on its first day of trading.\n\nNu Holdings Ltd.(NU), whose backers include Warren Buffett’s Berkshire Hathaway Inc.,also known as Nubank, is headed for its public debut on the NYSE Thursday, as the Brazil-based digital banking platform's initial public offering priced overnight at the top of the expected range. The company raised $2.60 billion, as it sold 289.15 million shares in the IPO, which priced at $9, compared with the expected range of between $8 and $9 a share. With 4.61 billion shares expected after the IPO, the pricing values the company at about $41.48 billion. The stock is expected to begin trading some time after the open under the ticker symbol \"NU.\"\nBerkshire bought 10% of the shares in the offering, said a person familiar with the matter who asked not to be identified because it wasn’t public. Berkshire didn’t immediately respond to a request for comment sent to Buffett’s assistant.\nNubank’s IPO makes it the most valuable financial institution in Latin America, surpassing Itau Unibanco Holding SA, with a $38 billion market value.\nSequoia Capital, which invested $1 million in Nubank in 2013 in a seed round, now has a stake that is worth $7.1 billion at the $9 share price, based on the company’s filings. Other top shareholders include DST Global, Tencent and Tiger Global.\nBerkshire’s Stake\nBerkshire invested in Nubank in June, taking a $500 million stake valuing the company at $30 billion, a person familiar with the matter said at the time.\nNubank, the world’s biggest standalone digital bank, had more than 48 million customers across Brazil, Mexico and Colombia as of September. It provides easy-to-use financial products that come with relatively low fees.\nExpansion Push\nThe company said it had a $99 million loss on revenue of $1.06 billion for the nine-month period ended Sept. 30. Interest income accounted for $607 million of that revenue, with fees and commissions making up the remainder.\nNubank warned investors to brace for “short-term profit implications” from the firm’s expansion push.\nChief Executive Officer David Velez will own a stake in the company worth about $8.9 billion at the IPO price. His co-founder, Cristina Junqueira, has a stake worth $1.1 billion.\nBefore creating the startup, Velez spent two years at Sequoia, trying to find an investment in Latin America. Instead he left with an idea of his own.\nVelez, who’s Colombian, had a grueling experience opening a bank account in Brazil and enlisted Junqueira, fresh off a stint at Itau’s credit card unit, to help him create an alternative.\nBrazil, like much of Latin America, is plagued by expensive financial services that are available to only a limited portion of the population. Century-old banks dominate the market beset by bureaucratic barriers. Still, a high percentage of the region’s 700 million people own mobile phones, making it an attractive target for digital banks.\nVelez, whose Class B shares come with 20 votes each compared with one apiece for the Class A shares sold in the IPO, will hold 75% of the company’s voting power after the offering. Junqueira will control 9.3% of the voting power. Neither planned to sell shares in the offering, according to the filings.","news_type":1,"symbols_score_info":{"NU":0.9}},"isVote":1,"tweetType":1,"viewCount":4893,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":602623987,"gmtCreate":1639016602360,"gmtModify":1639016602537,"author":{"id":"3578285722323782","authorId":"3578285722323782","name":"JG_7","avatar":"https://static.tigerbbs.com/943a617088822556a2e8fdb01023a8dd","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3578285722323782","authorIdStr":"3578285722323782"},"themes":[],"title":"","htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/602623987","repostId":"2190169579","repostType":4,"isVote":1,"tweetType":1,"viewCount":5042,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":606277130,"gmtCreate":1638889423729,"gmtModify":1638889423903,"author":{"id":"3578285722323782","authorId":"3578285722323782","name":"JG_7","avatar":"https://static.tigerbbs.com/943a617088822556a2e8fdb01023a8dd","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3578285722323782","authorIdStr":"3578285722323782"},"themes":[],"title":"","htmlText":"Okay //<a href=\"https://laohu8.com/U/3574754838536636\">@Ameliakoh</a>:Pls like","listText":"Okay //<a href=\"https://laohu8.com/U/3574754838536636\">@Ameliakoh</a>:Pls like","text":"Okay //@Ameliakoh:Pls like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/606277130","repostId":"2189899796","repostType":4,"isVote":1,"tweetType":1,"viewCount":1112,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":606272507,"gmtCreate":1638889269555,"gmtModify":1638889269705,"author":{"id":"3578285722323782","authorId":"3578285722323782","name":"JG_7","avatar":"https://static.tigerbbs.com/943a617088822556a2e8fdb01023a8dd","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3578285722323782","authorIdStr":"3578285722323782"},"themes":[],"title":"","htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/606272507","repostId":"1125480084","repostType":4,"repost":{"id":"1125480084","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":1638881131,"share":"https://www.laohunote.com/m/news/1125480084?lang=zh_CN&edition=full","pubTime":"2021-12-07 20:45","market":"us","language":"en","title":"10 Biggest Price Target Changes For Tuesday<blockquote>周二 10 大价格目标变化</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1125480084","media":"Benzinga Earnings","summary":"Oppenheimer cut the price target on Coupa Software Incorporated from $275 to $225. Coupa Software sh","content":"<p><ul> <li>Oppenheimer cut the price target on <b>Coupa Software Incorporated</b> from $275 to $225. Coupa Software shares fell 12.6% to $152.10 in pre-market trading.</li> <li>JMP Securities raised <b>ACADIA Pharmaceuticals Inc.</b> price target from $35 to $39. ACADIA Pharmaceuticals shares rose 16.3% to $22.57 in pre-market trading.</li> <li>RBC Capital lowered <b>HealthEquity, Inc.</b> price target from $87 to $70. HealthEquity shares fell 22.4% to $43.96 pre-market trading.</li> <li>Needham raised the price target on <b>MongoDB, Inc.</b> from $534 to $626. MongoDB shares rose 21.1% to $520.00 in pre-market trading.</li> <li>Cowen & Co. cut <b>Ross Stores, Inc.</b> price target from $131 to $109. Ross Stores shares fell 1% to $111.59 in pre-market trading.</li> <li>MKM Partners boosted the price target for <b>Starbucks Corporation</b> from $114 to $130. Starbucks shares rose 2.1% to $115.68 in pre-market trading.</li> <li>JP Morgan raised <b>Murphy Oil Corporation</b> price target from $29 to $37. Murphy Oil shares fell 0.6% to $27.25 in pre-market trading.</li> <li>Jefferies boosted the price target on <b>Juniper Networks, Inc.</b> from $28 to $42. Juniper Networks shares climbed 3% to $32.40 in pre-market trading.</li> <li>Deutsche Bank cut the price target for <b>Jack in the Box Inc.</b> from $122 to $108. Jack in the Box shares rose 5.3% to $84.83 in pre-market trading.</li> <li>Keybanc lowered <b>GitLab Inc.</b> price target from $144 to $115. GitLab shares fell 3.4% to $86.00 in pre-market trading.</li> </ul></p><p><blockquote><ul><li>奥本海默下调目标价<b>库帕软件公司</b>从275美元到225美元。Coupa Software 股价在盘前交易中下跌 12.6%,至 152.10 美元。</li><li>JMP证券募集<b>阿卡迪亚制药公司。</b>目标价从35美元到39美元。阿卡迪亚制药股价在盘前交易中上涨 16.3%,至 22.57 美元。</li><li>加拿大皇家银行资本下调<b>健康公平公司。</b>目标价从87美元到70美元。HealthEquity 股价盘前交易下跌 22.4%,至 43.96 美元。</li><li>李约瑟上调了目标价<b>MongoDB公司。</b>从534美元到626美元。MongoDB 股价在盘前交易中上涨 21.1%,至 520.00 美元。</li><li>考恩公司削减<b>罗斯商店公司。</b>目标价从 131 美元到 109 美元。Ross Stores 股价在盘前交易中下跌 1%,至 111.59 美元。</li><li>MKM Partners 提高了目标价格<b>星巴克公司</b>从114美元到130美元。星巴克股价在盘前交易中上涨 2.1%,至 115.68 美元。</li><li>摩根大通募集<b>墨菲石油公司</b>目标价从29美元到37美元。墨菲石油公司股价在盘前交易中下跌 0.6%,至 27.25 美元。</li><li>杰富瑞上调目标价<b>瞻博网络公司。</b>从28美元到42美元。瞻博网络股价在盘前交易中上涨 3%,至 32.40 美元。</li><li>德意志银行下调目标价<b>盒子里的杰克公司。</b>从122美元到108美元。Jack in the Box 股价在盘前交易中上涨 5.3%,至 84.83 美元。</li><li>Keybanc降低<b>吉特实验室公司。</b>目标价从 144 美元到 115 美元。GitLab 股价在盘前交易中下跌 3.4%,至 86.00 美元。</li></ul></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>10 Biggest Price Target Changes For Tuesday<blockquote>周二 10 大价格目标变化</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n10 Biggest Price Target Changes For Tuesday<blockquote>周二 10 大价格目标变化</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\">2021-12-07 20:45</p>\n</div>\n</div>\n</h4>\n</header>\n<article>\n<p><ul> <li>Oppenheimer cut the price target on <b>Coupa Software Incorporated</b> from $275 to $225. Coupa Software shares fell 12.6% to $152.10 in pre-market trading.</li> <li>JMP Securities raised <b>ACADIA Pharmaceuticals Inc.</b> price target from $35 to $39. ACADIA Pharmaceuticals shares rose 16.3% to $22.57 in pre-market trading.</li> <li>RBC Capital lowered <b>HealthEquity, Inc.</b> price target from $87 to $70. HealthEquity shares fell 22.4% to $43.96 pre-market trading.</li> <li>Needham raised the price target on <b>MongoDB, Inc.</b> from $534 to $626. MongoDB shares rose 21.1% to $520.00 in pre-market trading.</li> <li>Cowen & Co. cut <b>Ross Stores, Inc.</b> price target from $131 to $109. Ross Stores shares fell 1% to $111.59 in pre-market trading.</li> <li>MKM Partners boosted the price target for <b>Starbucks Corporation</b> from $114 to $130. Starbucks shares rose 2.1% to $115.68 in pre-market trading.</li> <li>JP Morgan raised <b>Murphy Oil Corporation</b> price target from $29 to $37. Murphy Oil shares fell 0.6% to $27.25 in pre-market trading.</li> <li>Jefferies boosted the price target on <b>Juniper Networks, Inc.</b> from $28 to $42. Juniper Networks shares climbed 3% to $32.40 in pre-market trading.</li> <li>Deutsche Bank cut the price target for <b>Jack in the Box Inc.</b> from $122 to $108. Jack in the Box shares rose 5.3% to $84.83 in pre-market trading.</li> <li>Keybanc lowered <b>GitLab Inc.</b> price target from $144 to $115. GitLab shares fell 3.4% to $86.00 in pre-market trading.</li> </ul></p><p><blockquote><ul><li>奥本海默下调目标价<b>库帕软件公司</b>从275美元到225美元。Coupa Software 股价在盘前交易中下跌 12.6%,至 152.10 美元。</li><li>JMP证券募集<b>阿卡迪亚制药公司。</b>目标价从35美元到39美元。阿卡迪亚制药股价在盘前交易中上涨 16.3%,至 22.57 美元。</li><li>加拿大皇家银行资本下调<b>健康公平公司。</b>目标价从87美元到70美元。HealthEquity 股价盘前交易下跌 22.4%,至 43.96 美元。</li><li>李约瑟上调了目标价<b>MongoDB公司。</b>从534美元到626美元。MongoDB 股价在盘前交易中上涨 21.1%,至 520.00 美元。</li><li>考恩公司削减<b>罗斯商店公司。</b>目标价从 131 美元到 109 美元。Ross Stores 股价在盘前交易中下跌 1%,至 111.59 美元。</li><li>MKM Partners 提高了目标价格<b>星巴克公司</b>从114美元到130美元。星巴克股价在盘前交易中上涨 2.1%,至 115.68 美元。</li><li>摩根大通募集<b>墨菲石油公司</b>目标价从29美元到37美元。墨菲石油公司股价在盘前交易中下跌 0.6%,至 27.25 美元。</li><li>杰富瑞上调目标价<b>瞻博网络公司。</b>从28美元到42美元。瞻博网络股价在盘前交易中上涨 3%,至 32.40 美元。</li><li>德意志银行下调目标价<b>盒子里的杰克公司。</b>从122美元到108美元。Jack in the Box 股价在盘前交易中上涨 5.3%,至 84.83 美元。</li><li>Keybanc降低<b>吉特实验室公司。</b>目标价从 144 美元到 115 美元。GitLab 股价在盘前交易中下跌 3.4%,至 86.00 美元。</li></ul></blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"JACK":"Jack In The Box Inc","MUR":"墨菲石油","SBUX":"星巴克","ROST":"罗斯百货有限公司","MDB":"MongoDB Inc.","ACAD":"阿卡迪亚","COUP":"Coupa Software Inc","HQY":"HealthEquity","GTLB":"GitLab, Inc."},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1125480084","content_text":"Oppenheimer cut the price target on Coupa Software Incorporated from $275 to $225. Coupa Software shares fell 12.6% to $152.10 in pre-market trading.\nJMP Securities raised ACADIA Pharmaceuticals Inc. price target from $35 to $39. ACADIA Pharmaceuticals shares rose 16.3% to $22.57 in pre-market trading.\nRBC Capital lowered HealthEquity, Inc. price target from $87 to $70. HealthEquity shares fell 22.4% to $43.96 pre-market trading.\nNeedham raised the price target on MongoDB, Inc. from $534 to $626. MongoDB shares rose 21.1% to $520.00 in pre-market trading.\nCowen & Co. cut Ross Stores, Inc. price target from $131 to $109. Ross Stores shares fell 1% to $111.59 in pre-market trading.\nMKM Partners boosted the price target for Starbucks Corporation from $114 to $130. Starbucks shares rose 2.1% to $115.68 in pre-market trading.\nJP Morgan raised Murphy Oil Corporation price target from $29 to $37. Murphy Oil shares fell 0.6% to $27.25 in pre-market trading.\nJefferies boosted the price target on Juniper Networks, Inc. from $28 to $42. Juniper Networks shares climbed 3% to $32.40 in pre-market trading.\nDeutsche Bank cut the price target for Jack in the Box Inc. from $122 to $108. Jack in the Box shares rose 5.3% to $84.83 in pre-market trading.\nKeybanc lowered GitLab Inc. price target from $144 to $115. GitLab shares fell 3.4% to $86.00 in pre-market trading.","news_type":1,"symbols_score_info":{"GTLB":0.9,"MUR":0.9,"ROST":0.9,"JNPR":0.9,"ACAD":0.9,"JACK":0.9,"SBUX":0.9,"COUP":0.9,"MDB":0.9,"HQY":0.9}},"isVote":1,"tweetType":1,"viewCount":1262,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":608554874,"gmtCreate":1638764447008,"gmtModify":1638764447128,"author":{"id":"3578285722323782","authorId":"3578285722323782","name":"JG_7","avatar":"https://static.tigerbbs.com/943a617088822556a2e8fdb01023a8dd","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3578285722323782","authorIdStr":"3578285722323782"},"themes":[],"title":"","htmlText":"💪💪","listText":"💪💪","text":"💪💪","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/608554874","repostId":"1127164143","repostType":4,"isVote":1,"tweetType":1,"viewCount":1069,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":601115913,"gmtCreate":1638497431203,"gmtModify":1638497431315,"author":{"id":"3578285722323782","authorId":"3578285722323782","name":"JG_7","avatar":"https://static.tigerbbs.com/943a617088822556a2e8fdb01023a8dd","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3578285722323782","authorIdStr":"3578285722323782"},"themes":[],"title":"","htmlText":"👌","listText":"👌","text":"👌","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/601115913","repostId":"2188548587","repostType":4,"isVote":1,"tweetType":1,"viewCount":1090,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":601135719,"gmtCreate":1638496910532,"gmtModify":1638496939041,"author":{"id":"3578285722323782","authorId":"3578285722323782","name":"JG_7","avatar":"https://static.tigerbbs.com/943a617088822556a2e8fdb01023a8dd","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3578285722323782","authorIdStr":"3578285722323782"},"themes":[],"title":"","htmlText":"//<a href=\"https://laohu8.com/U/4091932914422900\">@Abbas99m</a>:Wow","listText":"//<a href=\"https://laohu8.com/U/4091932914422900\">@Abbas99m</a>:Wow","text":"//@Abbas99m:Wow","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/601135719","repostId":"1114050476","repostType":4,"repost":{"id":"1114050476","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1638458568,"share":"https://www.laohunote.com/m/news/1114050476?lang=zh_CN&edition=full","pubTime":"2021-12-02 23:22","market":"us","language":"en","title":"Crypto stocks slid in morning trading<blockquote>加密货币股票早盘交易中下跌</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1114050476","media":"Tiger Newspress","summary":"Crypto stocks slid in morning trading.Bit Digital,Riot Blockchain,Square,Marathon Digital,CanaanBIT ","content":"<p>Crypto stocks slid in morning trading.Bit Digital,Riot Blockchain,Square,Marathon Digital,CanaanBIT Mining, SoS Ltd and Coinbase fell between 1% and 7%.</p><p><blockquote>加密货币股票在早盘交易中下跌。 Bit Digital、Riot Blockchain、Square、Marathon Digital、CanaanBIT Mining、SoS Ltd 和 Coinbase 下跌 1% 至 7%。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/8474a9e6b11c14ae3e40c786fb41c312\" tg-width=\"400\" tg-height=\"602\" width=\"100%\" height=\"auto\"></p><p><blockquote></blockquote></p><p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Crypto stocks slid in morning trading<blockquote>加密货币股票早盘交易中下跌</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\">\nCrypto stocks slid in morning trading<blockquote>加密货币股票早盘交易中下跌</blockquote>\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time smaller\">2021-12-02 23:22</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>Crypto stocks slid in morning trading.Bit Digital,Riot Blockchain,Square,Marathon Digital,CanaanBIT Mining, SoS Ltd and Coinbase fell between 1% and 7%.</p><p><blockquote>加密货币股票在早盘交易中下跌。 Bit Digital、Riot Blockchain、Square、Marathon Digital、CanaanBIT Mining、SoS Ltd 和 Coinbase 下跌 1% 至 7%。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/8474a9e6b11c14ae3e40c786fb41c312\" tg-width=\"400\" tg-height=\"602\" width=\"100%\" height=\"auto\"></p><p><blockquote></blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BTBT":"Bit Digital, Inc."},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1114050476","content_text":"Crypto stocks slid in morning trading.Bit Digital,Riot Blockchain,Square,Marathon Digital,CanaanBIT Mining, SoS Ltd and Coinbase fell between 1% and 7%.","news_type":1,"symbols_score_info":{"BTBT":0.9}},"isVote":1,"tweetType":1,"viewCount":1174,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":603673610,"gmtCreate":1638408929389,"gmtModify":1638408929611,"author":{"id":"3578285722323782","authorId":"3578285722323782","name":"JG_7","avatar":"https://static.tigerbbs.com/943a617088822556a2e8fdb01023a8dd","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3578285722323782","authorIdStr":"3578285722323782"},"themes":[],"title":"","htmlText":"👌 okay ","listText":"👌 okay ","text":"👌 okay","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/603673610","repostId":"2188568514","repostType":4,"isVote":1,"tweetType":1,"viewCount":1467,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":603670645,"gmtCreate":1638408797572,"gmtModify":1638408797816,"author":{"id":"3578285722323782","authorId":"3578285722323782","name":"JG_7","avatar":"https://static.tigerbbs.com/943a617088822556a2e8fdb01023a8dd","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3578285722323782","authorIdStr":"3578285722323782"},"themes":[],"title":"","htmlText":"👍","listText":"👍","text":"👍","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/603670645","repostId":"1116584621","repostType":4,"isVote":1,"tweetType":1,"viewCount":1029,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":609719537,"gmtCreate":1638325030356,"gmtModify":1638325030478,"author":{"id":"3578285722323782","authorId":"3578285722323782","name":"JG_7","avatar":"https://static.tigerbbs.com/943a617088822556a2e8fdb01023a8dd","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3578285722323782","authorIdStr":"3578285722323782"},"themes":[],"title":"","htmlText":"Good 👍 ","listText":"Good 👍 ","text":"Good 👍","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/609719537","repostId":"1190156196","repostType":4,"repost":{"id":"1190156196","kind":"news","pubTimestamp":1638242388,"share":"https://www.laohunote.com/m/news/1190156196?lang=zh_CN&edition=full","pubTime":"2021-11-30 11:19","market":"us","language":"en","title":"5 Vaccine Stocks to Watch as New Covid-19 Variant Strikes the Market<blockquote>随着新的 Covid-19 变种袭击市场,值得关注的 5 只疫苗股</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1190156196","media":"InvestorPlace","summary":"Here are the stocks to watch as the omicron variant gives rise to a new vaccine race","content":"<p><div> Here are the stocks to watch as the omicron variant gives rise to a new vaccine race Source: Shutterstock As Black Friday approached, most investors were speculating on what the supply chain crisis ...</p><p><blockquote><div>随着奥密克戎变种引发新疫苗竞赛,以下是值得关注的股票来源:Shutterstock随着黑色星期五的临近,大多数投资者都在猜测供应链危机是什么……</div></blockquote></p><p> <a href=\"https://investorplace.com/2021/11/5-vaccine-stocks-to-watch-as-new-covid-19-variant-strikes-the-market/\">网页链接</a> </div> </p><p><blockquote><a href=\"https://investorplace.com/2021/11/5-vaccine-stocks-to-watch-as-new-covid-19-variant-strikes-the-market/\">网页连接</a></blockquote></p><p></p>","source":"lsy1606302653667","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>5 Vaccine Stocks to Watch as New Covid-19 Variant Strikes the Market<blockquote>随着新的 Covid-19 变种袭击市场,值得关注的 5 只疫苗股</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\">\n5 Vaccine Stocks to Watch as New Covid-19 Variant Strikes the Market<blockquote>随着新的 Covid-19 变种袭击市场,值得关注的 5 只疫苗股</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">InvestorPlace</strong><span class=\"h-time small\">2021-11-30 11:19</span>\n</p>\n</h4>\n</header>\n<article>\n<p><div> Here are the stocks to watch as the omicron variant gives rise to a new vaccine race Source: Shutterstock As Black Friday approached, most investors were speculating on what the supply chain crisis ...</p><p><blockquote><div>随着奥密克戎变种引发新疫苗竞赛,以下是值得关注的股票来源:Shutterstock随着黑色星期五的临近,大多数投资者都在猜测供应链危机是什么……</div></blockquote></p><p> <a href=\"https://investorplace.com/2021/11/5-vaccine-stocks-to-watch-as-new-covid-19-variant-strikes-the-market/\">网页链接</a> </div> </p><p><blockquote><a href=\"https://investorplace.com/2021/11/5-vaccine-stocks-to-watch-as-new-covid-19-variant-strikes-the-market/\">网页连接</a></blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源:<a href=\"https://investorplace.com/2021/11/5-vaccine-stocks-to-watch-as-new-covid-19-variant-strikes-the-market/\">InvestorPlace</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":{"NVAX":"诺瓦瓦克斯医药","MRNA":"Moderna, Inc.","BNTX":"BioNTech SE","PFE":"辉瑞","JNJ":"强生"},"source_url":"https://investorplace.com/2021/11/5-vaccine-stocks-to-watch-as-new-covid-19-variant-strikes-the-market/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1190156196","content_text":"Here are the stocks to watch as the omicron variant gives rise to a new vaccine race\nSource: Shutterstock\nAs Black Friday approached, most investors were speculating on what the supply chain crisis would mean for the year’s biggest shopping holiday. By the time shopping began, though, most minds were on another news story. A new Covid-19 variant had been detected in South Africa and it was quickly spreading to Europe. Labeled the omicron variant, this new Covid-19 strain poses a threat to the pandemic recovery story. Perhaps most importantly, we don’t yet know how big that threat is. Scientists haveindicatedthat it will take at least a few weeks for them to assess the effectiveness of vaccines against the new variant, which features multiple mutations. As investors ponder what this means for markets, focus has shifted to one specific question: What does this mean for vaccine stocks?\nInvestors have expressed concern at what the the emergence of a new variant may mean for markets. It bears noting, though, that such a scenario creates a new opportunity for vaccine stocks, specifically for a new company to pull into the lead.\nWhile Pfizer’s(NYSE:PFE) success in producing a vaccine approved for children has helped it maintain a lead over its competitors, other companies recognize the need for further innovation within the vaccine space. Scientists and researchers have yet to reach a conclusion as to how the new variant will react to current vaccines, but the companies producing them are already working around the clock.\nMany vaccine stocks were trending this morning as the omicron variant dominated news coverage. Let’s take a look at what the most prominent vaccine producers are saying and when we can expect to see progress.\n\nModerna(NASDAQ:MRNA)\nPfizer(NYSE:PFE)\nBioNTech (NASDAQ:BNTX)\nJohnson & Johnson(NYSE:JNJ)\nNovavax(NASDAQ:NVAX)\n\nModerna (MRNA)\nModerna was one of the first companies to have its executive team discuss address the omicron variant.\nOn Sunday, CMO Paul Burton spoke toBBC’sAndrew Marr and said Moderna was hoping to see clinical trials of an omicron-specific booster begin within60 to 90 days. CEO Stephane Bancel recentlyspoketoCNBC’s“Squawk Box” on the topic of an omicron- targeting vaccine. While he stated that it will likely take months for the company to develop, produce and ship a vaccine with the ability to target that specific variant, he noted that a booster shot containing a higher 100-microgram dose could be made available much sooner.\nBancel also floated the possibility of administering higher doses of the current vaccines to particularly high-risk patients, such as those in the elderly or immunocompromised categories.\nThis talk of an effective booster that could take on the new variant has sent MRNA stock shooting up today. As of this writing, vaccine stocks are having a good day and Moderna has risen by more than 10%. Today’s gains have put it up by more than 30% for the past five days.\nWhile the head of drugmaker Moderna said COVID-19 vaccines are unlikely to be as effective against the Omicron variant of the coronavirus as they have been previously, sparking fresh worry in financial markets about the trajectory of the pandemic.\n\"There is no world, I think, where (the effectiveness) is the same level . . . we had with Delta,\" Moderna Chief Executive Stéphane Bancel told the Financial Times in an interview.\n\"I think it's going to be a material drop. I just don't know how much because we need to wait for the data. But all the scientists I've talked to . . . are like 'this is not going to be good.'\"\nPfizer (PFE)\nNo pharmaceutical company has received as much positive press for its vaccine innovations as Pfizer. Earlier this month, CEO Albert Bourla wasrecommended by one InvestorPlace contributorfor CEO of the year.\nThe industry leader alsodiscussedthe new variant earlier today, stating that he believed that Pfizer’s Covid-19 pill would prove effective against it. He noted that the treatment method was designed with the thought process that most virus mutations were coming in spikes, exactly what we are seeing so far from the omicron variant. This gives him, he said, a “very high level of confidence” that the oral treatment, Paxlovid, will prove well-suited to help patients with the new Covid-19 strain.\nClinical trials have found that when Paxlovid is taken with HIV drug ritonavir, it reduces hospitalization and death by 89% if taken within three days after symptoms have begun.\nWhile Bourla is still not able to offer much on the effectiveness of the company’s two-dose vaccine against the new variant, he experts it to offer at least some protection. He also said that Pfizer is already at work on a new vaccine and that it produced a DNA template on Friday, speculating that it could be ready within 100 days.\nIt is worth noting that Pfizer has been able to create vaccines for previous variants in that timeframe but did not end up having to administer them, as the previously distributed vaccines remained effective.\nBioNTech (BNTX)\nPfizer’s original vaccine partner isn’t missing a beat, either.\nThe German biotech innovatortoldBusiness Insiderthat it is already at work on the development of an adapted vaccine to combat the omicron variant. According to the company’s spokespeople, the first steps of such a process “overlap with the research necessary” to evaluate the necessity of a new shot. This approach should enable its research team to move forward as quickly as possible.\nLike its competitors, BioNTech expects to acquire the data necessary to determine next steps in roughly two weeks, as medical researchers rush to examine new cases. In an attempt to keep the process as efficient as possible, the company is already testing its existing vaccine doses. Like Pfizer, it claims that it will be able to ship out this adapted vaccine within 100 days should it prove necessary.\nLike other vaccine stocks, BNTX is having a good day as speculation regarding the vaccine mounts. Shares are up almost 4% as of this writing. Not unlike its competitor Moderna, BioNTech is up almost 20% for the week after seeing a period of mostly flatlining. Earlier this Summer,InvestorPlace analyst Louis Navelliercalledit a better buy among vaccine stocks than Pfizer.\nJohnson & Johnson (JNJ)\nLike its competitors, Johnson & Johnson is already at work on ways to combat the new variant. Still waiting on further data, though, the company hasstatedit “will progress [its new vaccine] into clinical studies if needed.”\nMathai Mammen, global head of research and development at J&J subsidiary Janssen Pharmaceuticals, says that the company remains confident in the “robust humoral and cell-mediated responses” that its original vaccine has elicited in patients to date, giving the company confidence in its ability to adapt its current vaccine to handle the omicron variant.\nMammen added that the company has already begun work on a new vaccine for exactly that purpose and will “rapidly progress into clinical trails” if it is deemed necessary. It has beenreportedthat testing has already begun.\nNovavax (NVAX)\nA later player to the vaccine race, Novavax hasn’t had the same success in the U.S. as Pfizer or Moderna.\nHowever, the company recognizes it has a chance to make up the lost ground. In fact, it is already working to develop a vaccine to combat the omicron variant. Novavax hasstatedthat its vaccine will contain the mutated spikes that have experts worried about the variant, thereby enabling recipients to develop necessary immune responses. Its spokespeople have also stated that the testing and developing of the new vaccine will likely take “a few weeks.”\nWhile Novavax has not filed for approval for its initial Covid-19 in the U.S. yet, it received the green light from regulators in both Indonesia and the Philippines.\nAs InvestorPlace Assistant News Writer Eddie Pan reported this morning, NVAX is a name to watch among vaccine stocks as speculation mounts. While no one is likely to know too much for at least two weeks, companies aren’t wasting any time in building on their vaccine innovations in attempt to pull ahead in the vaccine race. Novavax may not have garnered U.S. authorization yet, but it has risen to prominence by way of its global vaccine distribution work, an edge that earned it ahigh rankingamong second-shot vaccine stocks to buy.","news_type":1,"symbols_score_info":{"JNJ":0.9,"NVAX":0.9,"PFE":0.9,"MRNA":0.9,"BNTX":0.9}},"isVote":1,"tweetType":1,"viewCount":1271,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":874056301,"gmtCreate":1637714481399,"gmtModify":1637714481517,"author":{"id":"3578285722323782","authorId":"3578285722323782","name":"JG_7","avatar":"https://static.tigerbbs.com/943a617088822556a2e8fdb01023a8dd","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3578285722323782","authorIdStr":"3578285722323782"},"themes":[],"title":"","htmlText":"👍","listText":"👍","text":"👍","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/874056301","repostId":"1182893164","repostType":4,"repost":{"id":"1182893164","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1637708622,"share":"https://www.laohunote.com/m/news/1182893164?lang=zh_CN&edition=full","pubTime":"2021-11-24 07:03","market":"us","language":"en","title":"HP rose over 8% in extended trading as it saw office reopenings lifting PC demand ahead of promising holiday season<blockquote>惠普在盘后交易中上涨超过 8%,因为在充满希望的假期季节到来之前,办公室重新开放提振了个人电脑需求</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1182893164","media":"Tiger Newspress","summary":"HP reported strong earnings and gave an upbeat outlook, aided by office reopenings and an expectatio","content":"<p>HP reported strong earnings and gave an upbeat outlook, aided by office reopenings and an expectation for healthy consumer demand through the holiday shopping season despite supply shortages.</p><p><blockquote>惠普公布了强劲的收益,并给出了乐观的前景,这得益于办公室重新开业以及尽管供应短缺,但对假日购物季健康消费者需求的预期。</blockquote></p><p> The company on Tuesday said it generated quarterly sales of $16.7 billion, up 9.3% from the year-ago period, and $3.1 billion in net income, including a one-time $1.78 billion legal settlement. The results beat Wall Street expectations for both sales and earnings.</p><p><blockquote>该公司周二表示,季度销售额为 167 亿美元,同比增长 9.3%,净利润为 31 亿美元,其中包括一次性 17.8 亿美元的法律和解金。销售额和盈利均超出华尔街预期。</blockquote></p><p> “We are seeing strong demand coming from the commercial side, from the office side because offices are reopening and companies are invested in creating a better experience for their employees,” HP Chief Executive Enrique Lores told The Wall Street Journal.</p><p><blockquote>“惠普首席执行官恩里克-洛雷斯(Enrique Lores)告诉《华尔街日报》:”我们看到来自商业方面和办公方面的强劲需求,因为办公室正在重新开放,公司正在投资为员工创造更好的体验。</blockquote></p><p> Commercial PC revenue grew 25%, the company said, while consumer PC sales retreated 3%, from their lofty levels a year ago.</p><p><blockquote>该公司表示,商用个人电脑收入增长了 25%,而消费个人电脑销量则从一年前的高位下降了 3%。</blockquote></p><p> HP said it expects to generate per-share earnings of $0.92 to $0.98 in the current quarter and $3.86 to $4.06 for the full fiscal year ending Oct. 31, 2022, both ahead of Wall Street expectations.</p><p><blockquote>惠普表示,预计本季度每股收益为 0.92 美元至 0.98 美元,截至 2022 年 10 月 31 日的整个财年每股收益为 3.86 美元至 4.06 美元,均超出华尔街预期。</blockquote></p><p> The outlook, Mr. Lores said, is driven by “both sustained strong demand from the commercial side as we have seen this quarter but also by consumer demand being strong as we go through the holiday season.”</p><p><blockquote>洛雷斯先生说,这一前景是由 “正如我们在本季度看到的那样,商业方面的持续强劲需求,以及随着假日季的到来,消费者需求的强劲”推动的。</blockquote></p><p> Its stocks rose over 8% in extended trading.<img src=\"https://static.tigerbbs.com/e89e6dba31d80fa622f70a2a247959e2\" tg-width=\"774\" tg-height=\"560\" width=\"100%\" height=\"auto\"></p><p><blockquote>其股价在盘后交易中上涨超过 8%。</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>HP rose over 8% in extended trading as it saw office reopenings lifting PC demand ahead of promising holiday season<blockquote>惠普在盘后交易中上涨超过 8%,因为在充满希望的假期季节到来之前,办公室重新开放提振了个人电脑需求</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\">\nHP rose over 8% in extended trading as it saw office reopenings lifting PC demand ahead of promising holiday season<blockquote>惠普在盘后交易中上涨超过 8%,因为在充满希望的假期季节到来之前,办公室重新开放提振了个人电脑需求</blockquote>\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time smaller\">2021-11-24 07:03</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>HP reported strong earnings and gave an upbeat outlook, aided by office reopenings and an expectation for healthy consumer demand through the holiday shopping season despite supply shortages.</p><p><blockquote>惠普公布了强劲的收益,并给出了乐观的前景,这得益于办公室重新开业以及尽管供应短缺,但对假日购物季健康消费者需求的预期。</blockquote></p><p> The company on Tuesday said it generated quarterly sales of $16.7 billion, up 9.3% from the year-ago period, and $3.1 billion in net income, including a one-time $1.78 billion legal settlement. The results beat Wall Street expectations for both sales and earnings.</p><p><blockquote>该公司周二表示,季度销售额为 167 亿美元,同比增长 9.3%,净利润为 31 亿美元,其中包括一次性 17.8 亿美元的法律和解金。销售额和盈利均超出华尔街预期。</blockquote></p><p> “We are seeing strong demand coming from the commercial side, from the office side because offices are reopening and companies are invested in creating a better experience for their employees,” HP Chief Executive Enrique Lores told The Wall Street Journal.</p><p><blockquote>“惠普首席执行官恩里克-洛雷斯(Enrique Lores)告诉《华尔街日报》:”我们看到来自商业方面和办公方面的强劲需求,因为办公室正在重新开放,公司正在投资为员工创造更好的体验。</blockquote></p><p> Commercial PC revenue grew 25%, the company said, while consumer PC sales retreated 3%, from their lofty levels a year ago.</p><p><blockquote>该公司表示,商用个人电脑收入增长了 25%,而消费个人电脑销量则从一年前的高位下降了 3%。</blockquote></p><p> HP said it expects to generate per-share earnings of $0.92 to $0.98 in the current quarter and $3.86 to $4.06 for the full fiscal year ending Oct. 31, 2022, both ahead of Wall Street expectations.</p><p><blockquote>惠普表示,预计本季度每股收益为 0.92 美元至 0.98 美元,截至 2022 年 10 月 31 日的整个财年每股收益为 3.86 美元至 4.06 美元,均超出华尔街预期。</blockquote></p><p> The outlook, Mr. Lores said, is driven by “both sustained strong demand from the commercial side as we have seen this quarter but also by consumer demand being strong as we go through the holiday season.”</p><p><blockquote>洛雷斯先生说,这一前景是由 “正如我们在本季度看到的那样,商业方面的持续强劲需求,以及随着假日季的到来,消费者需求的强劲”推动的。</blockquote></p><p> Its stocks rose over 8% in extended trading.<img src=\"https://static.tigerbbs.com/e89e6dba31d80fa622f70a2a247959e2\" tg-width=\"774\" tg-height=\"560\" width=\"100%\" height=\"auto\"></p><p><blockquote>其股价在盘后交易中上涨超过 8%。</blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"HPQ":"惠普"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1182893164","content_text":"HP reported strong earnings and gave an upbeat outlook, aided by office reopenings and an expectation for healthy consumer demand through the holiday shopping season despite supply shortages.\nThe company on Tuesday said it generated quarterly sales of $16.7 billion, up 9.3% from the year-ago period, and $3.1 billion in net income, including a one-time $1.78 billion legal settlement. The results beat Wall Street expectations for both sales and earnings.\n“We are seeing strong demand coming from the commercial side, from the office side because offices are reopening and companies are invested in creating a better experience for their employees,” HP Chief Executive Enrique Lores told The Wall Street Journal.\nCommercial PC revenue grew 25%, the company said, while consumer PC sales retreated 3%, from their lofty levels a year ago.\nHP said it expects to generate per-share earnings of $0.92 to $0.98 in the current quarter and $3.86 to $4.06 for the full fiscal year ending Oct. 31, 2022, both ahead of Wall Street expectations.\nThe outlook, Mr. Lores said, is driven by “both sustained strong demand from the commercial side as we have seen this quarter but also by consumer demand being strong as we go through the holiday season.”\nIts stocks rose over 8% in extended 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href=\"https://laohu8.com/S/TIGR\">$Tiger Brokers(TIGR)$</a>share for coins, like pls thanks [Smile] ","listText":"<a href=\"https://laohu8.com/S/TIGR\">$Tiger Brokers(TIGR)$</a>share for coins, like pls thanks [Smile] ","text":"$Tiger Brokers(TIGR)$share for coins, like pls thanks 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