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2021-05-06

[Cool]

PayPal CEO touts ‘next generation digital wallet’ after earnings beat<blockquote>PayPal首席执行官在盈利超出预期后吹捧“下一代数字钱包”</blockquote>

2021-06-12

Well, sometimes we reap what we sow i guess

AMC Bet by Hedge Fund Unravels Thanks to Meme-Stock Traders<blockquote>对冲基金对AMC的押注因模因股票交易员而瓦解</blockquote>

2021-05-06

[Facepalm] Certainly feels like it...

This Day In Market History: Panic Of 1893 Crashes Stock Market<blockquote>市场历史上的这一天：1893年的恐慌导致股市崩盘</blockquote>

2021-06-12

[Sweats] [Sweats]

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2021-05-28

Same earth, different situations. [LOL]

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2021-05-14

C’mon bulls~ [Eye]

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2021-05-06

[What]

This COVID-19 Vaccine Stock Quietly Soared 75% In April: Is There More Upside Ahead?<blockquote>这只COVID-19疫苗股在4月份悄然飙升75%：未来还有更多上涨空间吗？</blockquote>

2021-05-29

Yes, great move, but your stock can still climb back to over 135 pls... [LOL]

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2021-05-29

[Cool] [Strong]

抱歉，原内容已删除

2021-06-12

[LOL] [LOL] [LOL]

抱歉，原内容已删除

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than ever because of current issues with the chip supply chain. Massive discounts and trade-in offers from US carriers, in some cases amounting to a free device, are available. And the company continues to offer iPhones at a wide range of price points to appeal to more customers, with or without any groundbreaking new features or design changes this year.</p><p><blockquote>苹果(AAPL)的iPhone价格与去年的型号基本一致，尽管有传言称，由于当前芯片供应链的问题，iPhone的价格将比以往任何时候都高。美国运营商提供大量折扣和以旧换新优惠，在某些情况下相当于免费设备。该公司继续提供各种价位的iPhone，以吸引更多客户，无论今年是否有任何突破性的新功能或设计变化。</blockquote></p><p> \"Apple has become the king of the 'good, better, best' portfolio with a phone at every relevant price point, particularly given it typically keeps older models in its line-up for those that don't want to pay four figures for the latest and greatest new devices,\" said Ben Wood, chief analyst of market research firm CCS Insight. \"Add trade-in into the mix and it makes it possible to get customers signed up for a more expensive phone than they likely planned to purchase.\"</p><p><blockquote>“苹果已成为‘好、更好、最好’产品组合中的王者，在各个相关价位都有手机，特别是考虑到它通常会为那些不想支付四位数费用的人保留旧型号。最新、最棒的新设备，”市场研究公司CCS Insight首席分析师本·伍德(Ben Wood)说道。“将以旧换新加入其中，就有可能让客户注册一部比他们可能计划购买的更贵的手机。”</blockquote></p><p> <h3>Trade-in offers</h3> For people willing to trade in their existing iPhones and commit to a wireless plan for the next few years, the discounts are jaw dropping.</p><p><blockquote><h3>以旧换新优惠</h3>对于那些愿意以旧换新并承诺在未来几年购买无线计划的人来说，折扣令人瞠目结舌。</blockquote></p><p> AT&amp;T (T), for example, is offering up to $1,000 toward a new iPhone 13 Pro and Pro Max after a trade-in, while Verizon (VZ) is touting as much as $800 off any new iPhone, essentially paying for the cost of a 128 GB iPhone 13. (WarnerMedia, the parent company of CNN, is owned by AT&amp;T.)</p><p><blockquote>例如，AT&amp;T(T)在以旧换新后为新款iPhone 13 Pro和Pro Max提供高达1,000美元的折扣，而Verizon(VZ)则为任何新款iPhone提供高达800美元的折扣，基本上支付了128 GB iPhone 13的成本。（CNN的母公司WarnerMedia为AT&amp;T所有。）</blockquote></p><p> T-Mobile is offering the possibility of a free iPhone 13 for eligible trade-ins and says that with its Forever Upgrade program, users can get up to $800 off their next iPhone every two years, \"forever.\" If users buy from Apple directly and select T-Mobile as the carrier, they'll get a $700 credit toward a new iPhone. The deals go on and on.</p><p><blockquote>T-Mobile为符合条件的以旧换新提供免费iPhone 13的可能性，并表示通过其Forever升级计划，用户每两年可以“Forever”在购买下一部iPhone时获得高达800美元的折扣。如果用户直接从苹果购买并选择T-Mobile作为运营商，他们将获得700美元的新iPhone积分。交易还在继续。</blockquote></p><p> Trade-ins remain a central strategy for both mobile carriers and phone makers to drive replacement sales. The catch, however, is that users will need to trade in relatively new devices.</p><p><blockquote>以旧换新仍然是移动运营商和手机制造商推动换机销售的核心策略。然而，问题在于用户需要换购相对较新的设备。</blockquote></p><p> Trade-in offers also typically tie customers to a long contract that can include high-priced data plans. Carriers want to keep these users loyal rather than seeing them move to a competitor network -- and a discounted or free iPhone could be the right incentive to keep them there, according to David McQueen, a director at market research firm ABI Research. For Apple, it keeps customers deep within its ecosystem of products.</p><p><blockquote>以旧换新优惠通常还会将客户与长期合同联系起来，其中可能包括高价数据计划。市场研究公司ABI Research的主管David McQueen表示，运营商希望保持这些用户的忠诚度，而不是看到他们转移到竞争对手的网络，而打折或免费的iPhone可能是让他们留在那里的正确激励。对于苹果来说，它让客户深入其产品生态系统。</blockquote></p><p> <h3>Prices remain the same</h3> Not only did Apple avoid raising base prices on the iPhone, but it effectively lowered the cost of certain iPhones when factoring in higher entry-level storage options.</p><p><blockquote><h3>价格保持不变</h3>苹果不仅避免了提高iPhone的基本价格，而且在考虑到更高的入门级存储选项时，它有效地降低了某些iPhone的成本。</blockquote></p><p> As analysts at Goldman Sachs pointed out in a research note Wednesday, the price of the 128 GB and 256 GB iPhone \"was reduced when compared to those same storage capacities last year.\"</p><p><blockquote>正如高盛分析师在周三的一份研究报告中指出的那样，128 GB和256 GB iPhone的价格“与去年相同的存储容量相比有所降低”。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/ddf548ab0da7c8b8768f25da4cbc011b\" tg-width=\"780\" tg-height=\"438\" width=\"100%\" height=\"auto\"><span>The many colors of the iPhone 13</span></p><p><blockquote><p class=\"t-img-caption\"><span>iPhone 13的多种颜色</span></p></blockquote></p><p> So why not raise prices this year, knowing that Apple always seems to find customers willing to pay top dollar for its devices?</p><p><blockquote>那么，既然苹果似乎总能找到愿意为其设备支付高价的客户，为什么今年不提价呢？</blockquote></p><p> \"I believe Apple is aware that it has hit a sweet spot with pricing and the marginal gain of slightly increasing prices versus the negative backlash it would face is not worth it,\" Wood said.</p><p><blockquote>伍德表示：“我相信苹果意识到，它已经达到了定价的最佳点，价格小幅上涨的边际收益与将面临的负面反弹相比是不值得的。”</blockquote></p><p> More than that, he said Apple is focused on boosting revenue from the many premium services built around the iPhone, such as iCloud storage, Apple Music and Fitness+.</p><p><blockquote>不仅如此，他表示，苹果专注于增加围绕iPhone构建的许多优质服务的收入，例如iCloud存储、苹果音乐和Fitness+。</blockquote></p><p> <h3>'Good, better, best'</h3> When Steve Jobs unveiled the iPhone in 2007, there was one device and one entry price point for users. When Tim Cook took over as CEO, the options became more plentiful: big ones, smaller ones, mini ones, and prices that range from $399 for the iPhone SE all the way up to $1,599 for the 1 terabyte version of the iPhone 13 Pro Max.</p><p><blockquote><h3>“好，更好，最好”</h3>当史蒂夫·乔布斯在2007年推出iPhone时，用户只有一种设备和一个入门价位。当蒂姆·库克接任首席执行官时，选择变得更加丰富：大的、小的、迷你的，价格从iPhone SE的399美元一直到iPhone 13 Pro Max的1599美元不等。</blockquote></p><p> The strategic effort to appeal to as many people as possible will become one of Cook's biggest legacies. It's also one that's translated to blockbuster sales. In April, Apple reported iPhone sales were at nearly $48 billion in the first quarter of 2021, a 65% increase over the same quarter last year, as consumers upgraded to iPhone 12 devices that offered 5G for the first time.</p><p><blockquote>吸引尽可能多的人的战略努力将成为库克最大的遗产之一。这也是一个转化为轰动一时的销售。今年4月，苹果报告称，随着消费者升级到首次提供5G的iPhone 12设备，2021年第一季度iPhone销售额接近480亿美元，比去年同期增长65%。</blockquote></p><p> Some things haven't changed from the Jobs days, however. There may be a much wider range of options and prices for iPhones, but Apple still doesn't come close to the lower-price tiers available on Android smartphones.</p><p><blockquote>然而，有些事情与乔布斯时代相比并没有改变。iPhone的选择和价格可能会更广泛，但苹果仍然无法接近Android智能手机上的低价等级。</blockquote></p><p></p><p> \"The company still focuses on profits and revenue rather than chasing volume and market share, which was the same mantra under Steve Jobs,\" McQueen said. \"Perhaps Jobs wouldn't have launched as many device types at different sizes, as he always feared cannibalizing revenue streams -- notably across iPad mini and larger screened iPhones.\"</p><p><blockquote>麦昆表示：“公司仍然专注于利润和收入，而不是追逐销量和市场份额，这也是史蒂夫·乔布斯领导下的口号。”“也许乔布斯不会推出那么多不同尺寸的设备类型，因为他一直担心会蚕食收入来源——尤其是iPad mini和大屏幕iPhone。”</blockquote></p><p> Still, the number of iPhone variations and price points has only helped it appeal to more buyers -- and it most likely will again this year, too.</p><p><blockquote>尽管如此，iPhone的变化和价位的数量只会帮助它吸引更多的买家——今年很可能也会再次如此。</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's iPhone 13 secret weapon is, surprisingly, its price<blockquote>令人惊讶的是，苹果iPhone 13的秘密武器是它的价格</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nApple's iPhone 13 secret weapon is, surprisingly, its price<blockquote>令人惊讶的是，苹果iPhone 13的秘密武器是它的价格</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">CNN</strong><span class=\"h-time small\">2021-09-16 11:18</span>\n</p>\n</h4>\n</header>\n<article>\n<p><b>(CNN Business)&nbsp;-&nbsp;</b>Apple's new iPhone 13 and 13 Pro lineup features all of the predictable upgrades: faster performance, longer lasting battery life, better screen and new colors.</p><p><blockquote><b>（CNN商业）——</b>苹果的新iPhone 13和13 Pro系列具有所有可预见的升级：更快的性能、更持久的电池寿命、更好的屏幕和新的颜色。</blockquote></p><p> But the biggest -- and arguably only -- surprise with the lineup this year isn't something found inside a device: the pricing.</p><p><blockquote>但今年产品阵容中最大的——也可以说是唯一的——惊喜不是设备内部的东西：定价。</blockquote></p><p> Apple (AAPL) kept its iPhone prices mostly in line with last year's models, despite rumors they'd be priced higher than ever because of current issues with the chip supply chain. Massive discounts and trade-in offers from US carriers, in some cases amounting to a free device, are available. And the company continues to offer iPhones at a wide range of price points to appeal to more customers, with or without any groundbreaking new features or design changes this year.</p><p><blockquote>苹果(AAPL)的iPhone价格与去年的型号基本一致，尽管有传言称，由于当前芯片供应链的问题，iPhone的价格将比以往任何时候都高。美国运营商提供大量折扣和以旧换新优惠，在某些情况下相当于免费设备。该公司继续提供各种价位的iPhone，以吸引更多客户，无论今年是否有任何突破性的新功能或设计变化。</blockquote></p><p> \"Apple has become the king of the 'good, better, best' portfolio with a phone at every relevant price point, particularly given it typically keeps older models in its line-up for those that don't want to pay four figures for the latest and greatest new devices,\" said Ben Wood, chief analyst of market research firm CCS Insight. \"Add trade-in into the mix and it makes it possible to get customers signed up for a more expensive phone than they likely planned to purchase.\"</p><p><blockquote>“苹果已成为‘好、更好、最好’产品组合中的王者，在各个相关价位都有手机，特别是考虑到它通常会为那些不想支付四位数费用的人保留旧型号。最新、最棒的新设备，”市场研究公司CCS Insight首席分析师本·伍德(Ben Wood)说道。“将以旧换新加入其中，就有可能让客户注册一部比他们可能计划购买的更贵的手机。”</blockquote></p><p> <h3>Trade-in offers</h3> For people willing to trade in their existing iPhones and commit to a wireless plan for the next few years, the discounts are jaw dropping.</p><p><blockquote><h3>以旧换新优惠</h3>对于那些愿意以旧换新并承诺在未来几年购买无线计划的人来说，折扣令人瞠目结舌。</blockquote></p><p> AT&amp;T (T), for example, is offering up to $1,000 toward a new iPhone 13 Pro and Pro Max after a trade-in, while Verizon (VZ) is touting as much as $800 off any new iPhone, essentially paying for the cost of a 128 GB iPhone 13. (WarnerMedia, the parent company of CNN, is owned by AT&amp;T.)</p><p><blockquote>例如，AT&amp;T(T)在以旧换新后为新款iPhone 13 Pro和Pro Max提供高达1,000美元的折扣，而Verizon(VZ)则为任何新款iPhone提供高达800美元的折扣，基本上支付了128 GB iPhone 13的成本。（CNN的母公司WarnerMedia为AT&amp;T所有。）</blockquote></p><p> T-Mobile is offering the possibility of a free iPhone 13 for eligible trade-ins and says that with its Forever Upgrade program, users can get up to $800 off their next iPhone every two years, \"forever.\" If users buy from Apple directly and select T-Mobile as the carrier, they'll get a $700 credit toward a new iPhone. The deals go on and on.</p><p><blockquote>T-Mobile为符合条件的以旧换新提供免费iPhone 13的可能性，并表示通过其Forever升级计划，用户每两年可以“Forever”在购买下一部iPhone时获得高达800美元的折扣。如果用户直接从苹果购买并选择T-Mobile作为运营商，他们将获得700美元的新iPhone积分。交易还在继续。</blockquote></p><p> Trade-ins remain a central strategy for both mobile carriers and phone makers to drive replacement sales. The catch, however, is that users will need to trade in relatively new devices.</p><p><blockquote>以旧换新仍然是移动运营商和手机制造商推动换机销售的核心策略。然而，问题在于用户需要换购相对较新的设备。</blockquote></p><p> Trade-in offers also typically tie customers to a long contract that can include high-priced data plans. Carriers want to keep these users loyal rather than seeing them move to a competitor network -- and a discounted or free iPhone could be the right incentive to keep them there, according to David McQueen, a director at market research firm ABI Research. For Apple, it keeps customers deep within its ecosystem of products.</p><p><blockquote>以旧换新优惠通常还会将客户与长期合同联系起来，其中可能包括高价数据计划。市场研究公司ABI Research的主管David McQueen表示，运营商希望保持这些用户的忠诚度，而不是看到他们转移到竞争对手的网络，而打折或免费的iPhone可能是让他们留在那里的正确激励。对于苹果来说，它让客户深入其产品生态系统。</blockquote></p><p> <h3>Prices remain the same</h3> Not only did Apple avoid raising base prices on the iPhone, but it effectively lowered the cost of certain iPhones when factoring in higher entry-level storage options.</p><p><blockquote><h3>价格保持不变</h3>苹果不仅避免了提高iPhone的基本价格，而且在考虑到更高的入门级存储选项时，它有效地降低了某些iPhone的成本。</blockquote></p><p> As analysts at Goldman Sachs pointed out in a research note Wednesday, the price of the 128 GB and 256 GB iPhone \"was reduced when compared to those same storage capacities last year.\"</p><p><blockquote>正如高盛分析师在周三的一份研究报告中指出的那样，128 GB和256 GB iPhone的价格“与去年相同的存储容量相比有所降低”。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/ddf548ab0da7c8b8768f25da4cbc011b\" tg-width=\"780\" tg-height=\"438\" width=\"100%\" height=\"auto\"><span>The many colors of the iPhone 13</span></p><p><blockquote><p class=\"t-img-caption\"><span>iPhone 13的多种颜色</span></p></blockquote></p><p> So why not raise prices this year, knowing that Apple always seems to find customers willing to pay top dollar for its devices?</p><p><blockquote>那么，既然苹果似乎总能找到愿意为其设备支付高价的客户，为什么今年不提价呢？</blockquote></p><p> \"I believe Apple is aware that it has hit a sweet spot with pricing and the marginal gain of slightly increasing prices versus the negative backlash it would face is not worth it,\" Wood said.</p><p><blockquote>伍德表示：“我相信苹果意识到，它已经达到了定价的最佳点，价格小幅上涨的边际收益与将面临的负面反弹相比是不值得的。”</blockquote></p><p> More than that, he said Apple is focused on boosting revenue from the many premium services built around the iPhone, such as iCloud storage, Apple Music and Fitness+.</p><p><blockquote>不仅如此，他表示，苹果专注于增加围绕iPhone构建的许多优质服务的收入，例如iCloud存储、苹果音乐和Fitness+。</blockquote></p><p> <h3>'Good, better, best'</h3> When Steve Jobs unveiled the iPhone in 2007, there was one device and one entry price point for users. When Tim Cook took over as CEO, the options became more plentiful: big ones, smaller ones, mini ones, and prices that range from $399 for the iPhone SE all the way up to $1,599 for the 1 terabyte version of the iPhone 13 Pro Max.</p><p><blockquote><h3>“好，更好，最好”</h3>当史蒂夫·乔布斯在2007年推出iPhone时，用户只有一种设备和一个入门价位。当蒂姆·库克接任首席执行官时，选择变得更加丰富：大的、小的、迷你的，价格从iPhone SE的399美元一直到iPhone 13 Pro Max的1599美元不等。</blockquote></p><p> The strategic effort to appeal to as many people as possible will become one of Cook's biggest legacies. It's also one that's translated to blockbuster sales. In April, Apple reported iPhone sales were at nearly $48 billion in the first quarter of 2021, a 65% increase over the same quarter last year, as consumers upgraded to iPhone 12 devices that offered 5G for the first time.</p><p><blockquote>吸引尽可能多的人的战略努力将成为库克最大的遗产之一。这也是一个转化为轰动一时的销售。今年4月，苹果报告称，随着消费者升级到首次提供5G的iPhone 12设备，2021年第一季度iPhone销售额接近480亿美元，比去年同期增长65%。</blockquote></p><p> Some things haven't changed from the Jobs days, however. There may be a much wider range of options and prices for iPhones, but Apple still doesn't come close to the lower-price tiers available on Android smartphones.</p><p><blockquote>然而，有些事情与乔布斯时代相比并没有改变。iPhone的选择和价格可能会更广泛，但苹果仍然无法接近Android智能手机上的低价等级。</blockquote></p><p></p><p> \"The company still focuses on profits and revenue rather than chasing volume and market share, which was the same mantra under Steve Jobs,\" McQueen said. \"Perhaps Jobs wouldn't have launched as many device types at different sizes, as he always feared cannibalizing revenue streams -- notably across iPad mini and larger screened iPhones.\"</p><p><blockquote>麦昆表示：“公司仍然专注于利润和收入，而不是追逐销量和市场份额，这也是史蒂夫·乔布斯领导下的口号。”“也许乔布斯不会推出那么多不同尺寸的设备类型，因为他一直担心会蚕食收入来源——尤其是iPad mini和大屏幕iPhone。”</blockquote></p><p> Still, the number of iPhone variations and price points has only helped it appeal to more buyers -- and it most likely will again this year, too.</p><p><blockquote>尽管如此，iPhone的变化和价位的数量只会帮助它吸引更多的买家——今年很可能也会再次如此。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://edition.cnn.com/2021/09/15/tech/iphone-13-price-deals/index.html\">CNN</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://edition.cnn.com/2021/09/15/tech/iphone-13-price-deals/index.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1112619991","content_text":"(CNN Business) - Apple's new iPhone 13 and 13 Pro lineup features all of the predictable upgrades: faster performance, longer lasting battery life, better screen and new colors.\nBut the biggest -- and arguably only -- surprise with the lineup this year isn't something found inside a device: the pricing.\nApple (AAPL) kept its iPhone prices mostly in line with last year's models, despite rumors they'd be priced higher than ever because of current issues with the chip supply chain. Massive discounts and trade-in offers from US carriers, in some cases amounting to a free device, are available. And the company continues to offer iPhones at a wide range of price points to appeal to more customers, with or without any groundbreaking new features or design changes this year.\n\"Apple has become the king of the 'good, better, best' portfolio with a phone at every relevant price point, particularly given it typically keeps older models in its line-up for those that don't want to pay four figures for the latest and greatest new devices,\" said Ben Wood, chief analyst of market research firm CCS Insight. \"Add trade-in into the mix and it makes it possible to get customers signed up for a more expensive phone than they likely planned to purchase.\"\nTrade-in offers\nFor people willing to trade in their existing iPhones and commit to a wireless plan for the next few years, the discounts are jaw dropping.\nAT&T (T), for example, is offering up to $1,000 toward a new iPhone 13 Pro and Pro Max after a trade-in, while Verizon (VZ) is touting as much as $800 off any new iPhone, essentially paying for the cost of a 128 GB iPhone 13. (WarnerMedia, the parent company of CNN, is owned by AT&T.)\nT-Mobile is offering the possibility of a free iPhone 13 for eligible trade-ins and says that with its Forever Upgrade program, users can get up to $800 off their next iPhone every two years, \"forever.\" If users buy from Apple directly and select T-Mobile as the carrier, they'll get a $700 credit toward a new iPhone. The deals go on and on.\nTrade-ins remain a central strategy for both mobile carriers and phone makers to drive replacement sales. The catch, however, is that users will need to trade in relatively new devices.\nTrade-in offers also typically tie customers to a long contract that can include high-priced data plans. Carriers want to keep these users loyal rather than seeing them move to a competitor network -- and a discounted or free iPhone could be the right incentive to keep them there, according to David McQueen, a director at market research firm ABI Research. For Apple, it keeps customers deep within its ecosystem of products.\nPrices remain the same\nNot only did Apple avoid raising base prices on the iPhone, but it effectively lowered the cost of certain iPhones when factoring in higher entry-level storage options.\nAs analysts at Goldman Sachs pointed out in a research note Wednesday, the price of the 128 GB and 256 GB iPhone \"was reduced when compared to those same storage capacities last year.\"\nThe many colors of the iPhone 13\nSo why not raise prices this year, knowing that Apple always seems to find customers willing to pay top dollar for its devices?\n\"I believe Apple is aware that it has hit a sweet spot with pricing and the marginal gain of slightly increasing prices versus the negative backlash it would face is not worth it,\" Wood said.\nMore than that, he said Apple is focused on boosting revenue from the many premium services built around the iPhone, such as iCloud storage, Apple Music and Fitness+.\n'Good, better, best'\nWhen Steve Jobs unveiled the iPhone in 2007, there was one device and one entry price point for users. When Tim Cook took over as CEO, the options became more plentiful: big ones, smaller ones, mini ones, and prices that range from $399 for the iPhone SE all the way up to $1,599 for the 1 terabyte version of the iPhone 13 Pro Max.\nThe strategic effort to appeal to as many people as possible will become one of Cook's biggest legacies. It's also one that's translated to blockbuster sales. In April, Apple reported iPhone sales were at nearly $48 billion in the first quarter of 2021, a 65% increase over the same quarter last year, as consumers upgraded to iPhone 12 devices that offered 5G for the first time.\nSome things haven't changed from the Jobs days, however. There may be a much wider range of options and prices for iPhones, but Apple still doesn't come close to the lower-price tiers available on Android smartphones.\n\"The company still focuses on profits and revenue rather than chasing volume and market share, which was the same mantra under Steve Jobs,\" McQueen said. \"Perhaps Jobs wouldn't have launched as many device types at different sizes, as he always feared cannibalizing revenue streams -- notably across iPad mini and larger screened iPhones.\"\nStill, the number of iPhone variations and price points has only helped it appeal to more buyers -- and it most likely will again this year, too.","news_type":1,"symbols_score_info":{"AAPL":0.9}},"isVote":1,"tweetType":1,"viewCount":1845,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":143276398,"gmtCreate":1625798431914,"gmtModify":1631891039046,"author":{"id":"3579141181798233","authorId":"3579141181798233","name":"Turtlebizkit","avatar":"https://static.tigerbbs.com/ae37619873125a6a1b1b6c86916c6c23","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3579141181798233","idStr":"3579141181798233"},"themes":[],"htmlText":"[Wow]&nbsp;[Wow]&nbsp;[Wow]&nbsp;","listText":"[Wow]&nbsp;[Wow]&nbsp;[Wow]&nbsp;","text":"[Wow] [Wow] [Wow]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/143276398","repostId":"2149121328","repostType":4,"isVote":1,"tweetType":1,"viewCount":2381,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":156537215,"gmtCreate":1625229632137,"gmtModify":1631891039049,"author":{"id":"3579141181798233","authorId":"3579141181798233","name":"Turtlebizkit","avatar":"https://static.tigerbbs.com/ae37619873125a6a1b1b6c86916c6c23","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3579141181798233","idStr":"3579141181798233"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/AAPL\">$Apple(AAPL)$</a>🍎 you are back! 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[Love you] [Love you] [Love you]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/156537215","isVote":1,"tweetType":1,"viewCount":2145,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":156085974,"gmtCreate":1625186347198,"gmtModify":1631891039054,"author":{"id":"3579141181798233","authorId":"3579141181798233","name":"Turtlebizkit","avatar":"https://static.tigerbbs.com/ae37619873125a6a1b1b6c86916c6c23","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3579141181798233","idStr":"3579141181798233"},"themes":[],"htmlText":"Yummy [Yummy]&nbsp;","listText":"Yummy [Yummy]&nbsp;","text":"Yummy 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n’Roll~ [Evil]&nbsp;","listText":"Rock n’Roll~ [Evil]&nbsp;","text":"Rock n’Roll~ [Evil]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/159214881","repostId":"1136739891","repostType":2,"isVote":1,"tweetType":1,"viewCount":2514,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":150920358,"gmtCreate":1624883501774,"gmtModify":1631891039063,"author":{"id":"3579141181798233","authorId":"3579141181798233","name":"Turtlebizkit","avatar":"https://static.tigerbbs.com/ae37619873125a6a1b1b6c86916c6c23","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3579141181798233","idStr":"3579141181798233"},"themes":[],"htmlText":"Roller coaster here we go again~ [LOL]&nbsp;","listText":"Roller coaster here we go again~ [LOL]&nbsp;","text":"Roller coaster here we go again~ [LOL]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/150920358","repostId":"1150627164","repostType":4,"isVote":1,"tweetType":1,"viewCount":2054,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":127183640,"gmtCreate":1624839708480,"gmtModify":1631891039065,"author":{"id":"3579141181798233","authorId":"3579141181798233","name":"Turtlebizkit","avatar":"https://static.tigerbbs.com/ae37619873125a6a1b1b6c86916c6c23","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3579141181798233","idStr":"3579141181798233"},"themes":[],"htmlText":"Tatz good to hear [Grin]&nbsp;","listText":"Tatz good to hear [Grin]&nbsp;","text":"Tatz good to hear [Grin]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/127183640","repostId":"2146007118","repostType":4,"isVote":1,"tweetType":1,"viewCount":2336,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":127189899,"gmtCreate":1624839658311,"gmtModify":1631891039067,"author":{"id":"3579141181798233","authorId":"3579141181798233","name":"Turtlebizkit","avatar":"https://static.tigerbbs.com/ae37619873125a6a1b1b6c86916c6c23","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3579141181798233","idStr":"3579141181798233"},"themes":[],"htmlText":"[Surprised]&nbsp;","listText":"[Surprised]&nbsp;","text":"[Surprised]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/127189899","repostId":"1136989303","repostType":4,"isVote":1,"tweetType":1,"viewCount":2377,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":124130090,"gmtCreate":1624752145110,"gmtModify":1631891039073,"author":{"id":"3579141181798233","authorId":"3579141181798233","name":"Turtlebizkit","avatar":"https://static.tigerbbs.com/ae37619873125a6a1b1b6c86916c6c23","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3579141181798233","idStr":"3579141181798233"},"themes":[],"htmlText":"Makes sense. [LOL]&nbsp;","listText":"Makes sense. [LOL]&nbsp;","text":"Makes sense. [LOL]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/124130090","repostId":"1149837805","repostType":2,"repost":{"id":"1149837805","kind":"news","pubTimestamp":1615971667,"share":"https://www.laohu8.com/m/news/1149837805?lang=zh_CN&edition=full","pubTime":"2021-03-17 17:01","market":"us","language":"en","title":"Why $40 billion in stimulus won’t go ‘into’ stocks<blockquote>为什么400亿美元的刺激措施不会“进入”股市</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1149837805","media":"MarketWatch","summary":"It’s a simple logical error\n\nIf you’re planning to take extra risk in your retirement accounts becau","content":"<p>It’s a simple logical error</p><p><blockquote>这是一个简单的逻辑错误</blockquote></p><p> <img src=\"https://static.tigerbbs.com/7a82b8df4254390b71a4ce4488e33d21\" tg-width=\"1259\" tg-height=\"1092\"></p><p><blockquote></blockquote></p><p> If you’re planning to take extra risk in your retirement accounts because of all the stimulus money about to be “poured into stocks”—don’t.</p><p><blockquote>如果您计划在退休账户中承担额外风险，因为所有刺激资金即将“涌入股票”，请不要这样做。</blockquote></p><p> The same goes for bitcoin.</p><p><blockquote>比特币也是如此。</blockquote></p><p> Mizuho Securities is the latest to push this idea, with a survey suggesting that 10% of the $380 billion in stimulus windfalls will be invested in stocks and bitcoin.</p><p><blockquote>瑞穗证券是最新推动这一想法的公司，一项调查显示，3800亿美元刺激意外之财中的10%将投资于股票和比特币。</blockquote></p><p> That,according to Wall Street, means that about $40 billion in extra money will “come into the stock market,” driving it higher.</p><p><blockquote>据华尔街称，这意味着约400亿美元的额外资金将“进入股市”，推动股市走高。</blockquote></p><p> Recently Deutsche Bank&nbsp;estimated&nbsp;young individual investors were ready to pour $170 billion into the market.</p><p><blockquote>最近，德意志银行估计年轻的个人投资者准备向市场注入1700亿美元。</blockquote></p><p> And the Wall Street hucksters made the same argument.</p><p><blockquote>华尔街的小贩们也提出了同样的论点。</blockquote></p><p> But it’s the old “money on the sidelines” fallacy. (Incidentally this raises, yet again, the question of why we don’t teach logic as Topic No. 1 in the public education system—a failure whose devastating costs are apparent every day.)</p><p><blockquote>但这是古老的“钱在场外”谬论。（顺便提一下，这又一次提出了一个问题，为什么我们不把逻辑学作为公共教育系统的第一主题来教授——这是一个失败，其毁灭性的代价每天都很明显。）</blockquote></p><p> It’s a simple logical error, and it doesn’t matter who points it out—me, your broker, the Man in the Moon. It’s basic logic.</p><p><blockquote>这是一个简单的逻辑错误，谁指出来并不重要——我，你的经纪人，月亮上的人。这是基本逻辑。</blockquote></p><p> Stimulus money, or money “on the sidelines,” cannot “come into the market” for one very simple reason that gets ignored time and time and time again when this comes up.</p><p><blockquote>刺激资金，或“场外”资金，不能“进入市场”，原因很简单，但当这种情况出现时，却一次又一次地被忽视。</blockquote></p><p> Every time a security is bought, one must be sold.</p><p><blockquote>每次买入证券，就必须卖出一只。</blockquote></p><p> Pretty obvious, right? If I buy your Apple&nbsp;stock, then you…er…have to sell it to me. I buy, you sell.</p><p><blockquote>很明显，对吧？如果我买了你的苹果股票，那么你…呃…必须卖给我。我买，你卖。</blockquote></p><p> Imagine if you bought a house and tried to move in, and the previous owner figured he’d hang on to it, as well as banking the check.</p><p><blockquote>想象一下，如果你买了一栋房子并试图搬进去，而前任房主认为他会保留它，并将支票存入银行。</blockquote></p><p> If investors plunge $40 billion of their stimulus windfalls “into” stocks (and bitcoin), guess how much current investors will simultaneously “take out” of stocks (and bitcoin).</p><p><blockquote>如果投资者将400亿美元的刺激意外之财“投入”股票（和比特币），猜猜当前投资者将同时从股票（和比特币）中“取出”多少。</blockquote></p><p> Er…$40 billion.</p><p><blockquote>呃……400亿美元。</blockquote></p><p> And if eager young investors rush out and pour $170 billion of their cash into these investments, current investors will…er…take $170 billion out.</p><p><blockquote>如果热切的年轻投资者冲出去，将1700亿美元的现金投入到这些投资中，当前的投资者将……呃……拿出1700亿美元。</blockquote></p><p> It is not a coincidence that the figures match.</p><p><blockquote>这些数字相符并非巧合。</blockquote></p><p> I have $10, you have a share. I buy your share. Now I have your share…and you have my $10.</p><p><blockquote>我有10美元，你有一份。我买你的股份。现在我有了你的那份…你有了我的10美元。</blockquote></p><p> None of this means the stock market is a bad investment (or a good one), merely that this particular argument has no force.</p><p><blockquote>这并不意味着股票市场是一项糟糕的投资（或一项好的投资），只是这一特殊的论点没有说服力。</blockquote></p><p> The more interesting question is whether or not this hot stimulus money will spark even greater animal spirits among investors — especially among those who have the least experience of investing.</p><p><blockquote>更有趣的问题是，这些热刺激资金是否会在投资者中激发更大的动物精神——尤其是在那些投资经验最少的人中。</blockquote></p><p> Is that possible? Obviously.</p><p><blockquote>这可能吗？明显地。</blockquote></p><p> Is it likely? Maybe.</p><p><blockquote>有可能吗？也许。</blockquote></p><p> On the other hand, $40 billion is about 0.07% of the value of the U.S. stocks market and $170 billion is 0.3%, so you have to wonder how much this additional euphoria is going to be worth.</p><p><blockquote>另一方面，400亿美元约占美国股市价值的0.07%，1700亿美元约占0.3%，所以你不得不想知道这种额外的兴奋会值多少钱。</blockquote></p><p> You might also reasonably wonder how much extra exuberance the market can handle, given — as the chart above shows — it looks pretty exuberant already.</p><p><blockquote>你可能也有理由想知道市场能承受多少额外的繁荣，因为——如上图所示——它看起来已经相当繁荣了。</blockquote></p><p> For those following trends the more important short-term issue is that the U.S. market—as measured for example by the Vanguard Total Stock Market ETF—is (just) above its 50-day moving average and well above its 200 day moving average. So the trend remains bullish.</p><p><blockquote>对于那些跟随趋势的人来说，更重要的短期问题是美国市场（例如通过Vanguard Total Stock Market ETF衡量）（略高于）50天移动平均线，并且远高于200天移动平均线。所以趋势依然看涨。</blockquote></p><p> Whether that remains the case as inflation forecasts break above 8-year highs, and the White House looks at a 25% hike in corporate tax rates, is going to be another matter.</p><p><blockquote>随着通胀预测突破8年高点，以及白宫考虑将企业税率提高25%，这种情况是否仍然存在，将是另一回事。</blockquote></p><p> Meanwhile those of a curious disposition might wonder why, if new and inexperienced investors are so eager to plunge $40 billion or even $170 billion “into” the market, current (and possibly more experienced) investors are so willing to take the same amount out.</p><p><blockquote>与此同时，那些好奇的人可能会想，如果新的和没有经验的投资者如此渴望向市场投入400亿美元甚至1700亿美元，那么当前的（可能更有经验的）投资者却如此愿意拿出同样的金额。</blockquote></p><p></p>","source":"market_watch","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Why $40 billion in stimulus won’t go ‘into’ stocks<blockquote>为什么400亿美元的刺激措施不会“进入”股市</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\">\nWhy $40 billion in stimulus won’t go ‘into’ stocks<blockquote>为什么400亿美元的刺激措施不会“进入”股市</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">MarketWatch</strong><span class=\"h-time small\">2021-03-17 17:01</span>\n</p>\n</h4>\n</header>\n<article>\n<p>It’s a simple logical error</p><p><blockquote>这是一个简单的逻辑错误</blockquote></p><p> <img src=\"https://static.tigerbbs.com/7a82b8df4254390b71a4ce4488e33d21\" tg-width=\"1259\" tg-height=\"1092\"></p><p><blockquote></blockquote></p><p> If you’re planning to take extra risk in your retirement accounts because of all the stimulus money about to be “poured into stocks”—don’t.</p><p><blockquote>如果您计划在退休账户中承担额外风险，因为所有刺激资金即将“涌入股票”，请不要这样做。</blockquote></p><p> The same goes for bitcoin.</p><p><blockquote>比特币也是如此。</blockquote></p><p> Mizuho Securities is the latest to push this idea, with a survey suggesting that 10% of the $380 billion in stimulus windfalls will be invested in stocks and bitcoin.</p><p><blockquote>瑞穗证券是最新推动这一想法的公司，一项调查显示，3800亿美元刺激意外之财中的10%将投资于股票和比特币。</blockquote></p><p> That,according to Wall Street, means that about $40 billion in extra money will “come into the stock market,” driving it higher.</p><p><blockquote>据华尔街称，这意味着约400亿美元的额外资金将“进入股市”，推动股市走高。</blockquote></p><p> Recently Deutsche Bank&nbsp;estimated&nbsp;young individual investors were ready to pour $170 billion into the market.</p><p><blockquote>最近，德意志银行估计年轻的个人投资者准备向市场注入1700亿美元。</blockquote></p><p> And the Wall Street hucksters made the same argument.</p><p><blockquote>华尔街的小贩们也提出了同样的论点。</blockquote></p><p> But it’s the old “money on the sidelines” fallacy. (Incidentally this raises, yet again, the question of why we don’t teach logic as Topic No. 1 in the public education system—a failure whose devastating costs are apparent every day.)</p><p><blockquote>但这是古老的“钱在场外”谬论。（顺便提一下，这又一次提出了一个问题，为什么我们不把逻辑学作为公共教育系统的第一主题来教授——这是一个失败，其毁灭性的代价每天都很明显。）</blockquote></p><p> It’s a simple logical error, and it doesn’t matter who points it out—me, your broker, the Man in the Moon. It’s basic logic.</p><p><blockquote>这是一个简单的逻辑错误，谁指出来并不重要——我，你的经纪人，月亮上的人。这是基本逻辑。</blockquote></p><p> Stimulus money, or money “on the sidelines,” cannot “come into the market” for one very simple reason that gets ignored time and time and time again when this comes up.</p><p><blockquote>刺激资金，或“场外”资金，不能“进入市场”，原因很简单，但当这种情况出现时，却一次又一次地被忽视。</blockquote></p><p> Every time a security is bought, one must be sold.</p><p><blockquote>每次买入证券，就必须卖出一只。</blockquote></p><p> Pretty obvious, right? If I buy your Apple&nbsp;stock, then you…er…have to sell it to me. I buy, you sell.</p><p><blockquote>很明显，对吧？如果我买了你的苹果股票，那么你…呃…必须卖给我。我买，你卖。</blockquote></p><p> Imagine if you bought a house and tried to move in, and the previous owner figured he’d hang on to it, as well as banking the check.</p><p><blockquote>想象一下，如果你买了一栋房子并试图搬进去，而前任房主认为他会保留它，并将支票存入银行。</blockquote></p><p> If investors plunge $40 billion of their stimulus windfalls “into” stocks (and bitcoin), guess how much current investors will simultaneously “take out” of stocks (and bitcoin).</p><p><blockquote>如果投资者将400亿美元的刺激意外之财“投入”股票（和比特币），猜猜当前投资者将同时从股票（和比特币）中“取出”多少。</blockquote></p><p> Er…$40 billion.</p><p><blockquote>呃……400亿美元。</blockquote></p><p> And if eager young investors rush out and pour $170 billion of their cash into these investments, current investors will…er…take $170 billion out.</p><p><blockquote>如果热切的年轻投资者冲出去，将1700亿美元的现金投入到这些投资中，当前的投资者将……呃……拿出1700亿美元。</blockquote></p><p> It is not a coincidence that the figures match.</p><p><blockquote>这些数字相符并非巧合。</blockquote></p><p> I have $10, you have a share. I buy your share. Now I have your share…and you have my $10.</p><p><blockquote>我有10美元，你有一份。我买你的股份。现在我有了你的那份…你有了我的10美元。</blockquote></p><p> None of this means the stock market is a bad investment (or a good one), merely that this particular argument has no force.</p><p><blockquote>这并不意味着股票市场是一项糟糕的投资（或一项好的投资），只是这一特殊的论点没有说服力。</blockquote></p><p> The more interesting question is whether or not this hot stimulus money will spark even greater animal spirits among investors — especially among those who have the least experience of investing.</p><p><blockquote>更有趣的问题是，这些热刺激资金是否会在投资者中激发更大的动物精神——尤其是在那些投资经验最少的人中。</blockquote></p><p> Is that possible? Obviously.</p><p><blockquote>这可能吗？明显地。</blockquote></p><p> Is it likely? Maybe.</p><p><blockquote>有可能吗？也许。</blockquote></p><p> On the other hand, $40 billion is about 0.07% of the value of the U.S. stocks market and $170 billion is 0.3%, so you have to wonder how much this additional euphoria is going to be worth.</p><p><blockquote>另一方面，400亿美元约占美国股市价值的0.07%，1700亿美元约占0.3%，所以你不得不想知道这种额外的兴奋会值多少钱。</blockquote></p><p> You might also reasonably wonder how much extra exuberance the market can handle, given — as the chart above shows — it looks pretty exuberant already.</p><p><blockquote>你可能也有理由想知道市场能承受多少额外的繁荣，因为——如上图所示——它看起来已经相当繁荣了。</blockquote></p><p> For those following trends the more important short-term issue is that the U.S. market—as measured for example by the Vanguard Total Stock Market ETF—is (just) above its 50-day moving average and well above its 200 day moving average. So the trend remains bullish.</p><p><blockquote>对于那些跟随趋势的人来说，更重要的短期问题是美国市场（例如通过Vanguard Total Stock Market ETF衡量）（略高于）50天移动平均线，并且远高于200天移动平均线。所以趋势依然看涨。</blockquote></p><p> Whether that remains the case as inflation forecasts break above 8-year highs, and the White House looks at a 25% hike in corporate tax rates, is going to be another matter.</p><p><blockquote>随着通胀预测突破8年高点，以及白宫考虑将企业税率提高25%，这种情况是否仍然存在，将是另一回事。</blockquote></p><p> Meanwhile those of a curious disposition might wonder why, if new and inexperienced investors are so eager to plunge $40 billion or even $170 billion “into” the market, current (and possibly more experienced) investors are so willing to take the same amount out.</p><p><blockquote>与此同时，那些好奇的人可能会想，如果新的和没有经验的投资者如此渴望向市场投入400亿美元甚至1700亿美元，那么当前的（可能更有经验的）投资者却如此愿意拿出同样的金额。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.marketwatch.com/story/why-40-billion-in-stimulus-wont-go-into-stocks-11615842577?mod=home-page\">MarketWatch</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯",".IXIC":"NASDAQ Composite","VTI":"大盘指数ETF-Vanguard MSCI","AAPL":"苹果",".SPX":"S&P 500 Index"},"source_url":"https://www.marketwatch.com/story/why-40-billion-in-stimulus-wont-go-into-stocks-11615842577?mod=home-page","is_english":true,"share_image_url":"https://static.laohu8.com/599a65733b8245fcf7868668ef9ad712","article_id":"1149837805","content_text":"It’s a simple logical error\n\nIf you’re planning to take extra risk in your retirement accounts because of all the stimulus money about to be “poured into stocks”—don’t.\nThe same goes for bitcoin.\nMizuho Securities is the latest to push this idea, with a survey suggesting that 10% of the $380 billion in stimulus windfalls will be invested in stocks and bitcoin.\nThat,according to Wall Street, means that about $40 billion in extra money will “come into the stock market,” driving it higher.\nRecently Deutsche Bank estimated young individual investors were ready to pour $170 billion into the market.\nAnd the Wall Street hucksters made the same argument.\nBut it’s the old “money on the sidelines” fallacy. (Incidentally this raises, yet again, the question of why we don’t teach logic as Topic No. 1 in the public education system—a failure whose devastating costs are apparent every day.)\nIt’s a simple logical error, and it doesn’t matter who points it out—me, your broker, the Man in the Moon. It’s basic logic.\nStimulus money, or money “on the sidelines,” cannot “come into the market” for one very simple reason that gets ignored time and time and time again when this comes up.\nEvery time a security is bought, one must be sold.\nPretty obvious, right? If I buy your Apple stock, then you…er…have to sell it to me. I buy, you sell.\nImagine if you bought a house and tried to move in, and the previous owner figured he’d hang on to it, as well as banking the check.\nIf investors plunge $40 billion of their stimulus windfalls “into” stocks (and bitcoin), guess how much current investors will simultaneously “take out” of stocks (and bitcoin).\nEr…$40 billion.\nAnd if eager young investors rush out and pour $170 billion of their cash into these investments, current investors will…er…take $170 billion out.\nIt is not a coincidence that the figures match.\nI have $10, you have a share. I buy your share. Now I have your share…and you have my $10.\nNone of this means the stock market is a bad investment (or a good one), merely that this particular argument has no force.\nThe more interesting question is whether or not this hot stimulus money will spark even greater animal spirits among investors — especially among those who have the least experience of investing.\nIs that possible? Obviously.\nIs it likely? Maybe.\nOn the other hand, $40 billion is about 0.07% of the value of the U.S. stocks market and $170 billion is 0.3%, so you have to wonder how much this additional euphoria is going to be worth.\nYou might also reasonably wonder how much extra exuberance the market can handle, given — as the chart above shows — it looks pretty exuberant already.\nFor those following trends the more important short-term issue is that the U.S. market—as measured for example by the Vanguard Total Stock Market ETF—is (just) above its 50-day moving average and well above its 200 day moving average. So the trend remains bullish.\nWhether that remains the case as inflation forecasts break above 8-year highs, and the White House looks at a 25% hike in corporate tax rates, is going to be another matter.\nMeanwhile those of a curious disposition might wonder why, if new and inexperienced investors are so eager to plunge $40 billion or even $170 billion “into” the market, current (and possibly more experienced) investors are so willing to take the same amount out.","news_type":1,"symbols_score_info":{".IXIC":0.9,".SPX":0.9,"AAPL":0.9,"VTI":0.9,".DJI":0.9}},"isVote":1,"tweetType":1,"viewCount":1822,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":124194392,"gmtCreate":1624752050216,"gmtModify":1631892735755,"author":{"id":"3579141181798233","authorId":"3579141181798233","name":"Turtlebizkit","avatar":"https://static.tigerbbs.com/ae37619873125a6a1b1b6c86916c6c23","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3579141181798233","idStr":"3579141181798233"},"themes":[],"htmlText":"[Strong]&nbsp;[Strong]&nbsp;[Strong]&nbsp;","listText":"[Strong]&nbsp;[Strong]&nbsp;[Strong]&nbsp;","text":"[Strong] [Strong] [Strong]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/124194392","repostId":"1175794606","repostType":4,"isVote":1,"tweetType":1,"viewCount":585,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":124195866,"gmtCreate":1624752002755,"gmtModify":1631892735757,"author":{"id":"3579141181798233","authorId":"3579141181798233","name":"Turtlebizkit","avatar":"https://static.tigerbbs.com/ae37619873125a6a1b1b6c86916c6c23","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3579141181798233","idStr":"3579141181798233"},"themes":[],"htmlText":"Would luv me some $SBUX&nbsp;now~ [Yummy]&nbsp;","listText":"Would luv me some $SBUX&nbsp;now~ [Yummy]&nbsp;","text":"Would luv me some $SBUX now~ [Yummy]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/124195866","repostId":"2146107083","repostType":4,"isVote":1,"tweetType":1,"viewCount":470,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":125722387,"gmtCreate":1624696447249,"gmtModify":1631892735756,"author":{"id":"3579141181798233","authorId":"3579141181798233","name":"Turtlebizkit","avatar":"https://static.tigerbbs.com/ae37619873125a6a1b1b6c86916c6c23","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3579141181798233","idStr":"3579141181798233"},"themes":[],"htmlText":"[Miser]&nbsp;[Miser]&nbsp;[Miser]&nbsp;","listText":"[Miser]&nbsp;[Miser]&nbsp;[Miser]&nbsp;","text":"[Miser] [Miser] [Miser]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/125722387","repostId":"1164137597","repostType":4,"isVote":1,"tweetType":1,"viewCount":349,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":122183417,"gmtCreate":1624604021339,"gmtModify":1631892735764,"author":{"id":"3579141181798233","authorId":"3579141181798233","name":"Turtlebizkit","avatar":"https://static.tigerbbs.com/ae37619873125a6a1b1b6c86916c6c23","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3579141181798233","idStr":"3579141181798233"},"themes":[],"htmlText":"Can trend around $TRCH too? [Sly]&nbsp;","listText":"Can trend around $TRCH too? [Sly]&nbsp;","text":"Can trend around $TRCH too? [Sly]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/122183417","repostId":"2146230250","repostType":4,"repost":{"id":"2146230250","kind":"highlight","pubTimestamp":1624600500,"share":"https://www.laohu8.com/m/news/2146230250?lang=zh_CN&edition=full","pubTime":"2021-06-25 13:55","market":"us","language":"en","title":"'Meme' stock-market trend around AMC, GameStop may be more persistent than you think, says report<blockquote>报告称，围绕AMC和游戏驿站的“模因”股市趋势可能比你想象的更持久</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=2146230250","media":"Marketwatch","summary":"Think meme stock investing is a fad? Think again. That is, at least, according to a new report from ","content":"<p>Think meme stock investing is a fad? Think again. That is, at least, according to a new report from financial advisory firm Betterment.</p><p><blockquote>认为模因股票投资是一种时尚吗？再想想。至少根据金融咨询公司Betterment的一份新报告是这样认为的。</blockquote></p><p> About 97% of those in a recent survey conducted by the digital investment advisor, who said that they had invested in stocks driven primarily by social-media mentions rather than fundamentals would continue to do so in the foreseeable future.</p><p><blockquote>在digital investment advisor最近进行的一项调查中，约97%的人表示，他们投资的股票主要是由社交媒体提及而不是基本面驱动的，在可预见的未来将继续这样做。</blockquote></p><p> Such meme investing trends have been the main drivers behind purchases of companies like bricks-and-mortar videogame retailer GameStop Corp&nbsp;., movie chain AMC Entertainment Holdings&nbsp;and BlackBerry Ltd.&nbsp;,who made a ubiquitous cellphone that was all the rage in the 1990s and early 2000s.</p><p><blockquote>这种模因投资趋势一直是实体视频游戏零售商游戏驿站公司、电影连锁店AMC院线控股公司和黑莓有限公司等公司收购的主要驱动力，这些公司制造了一款无处不在的手机，在20世纪90年代和21世纪初风靡一时。</blockquote></p><p> Stocks and crypto like dogecoin,that aren’t necessarily offering compelling use-cases, or earnings, are rising on the dint of the collective might of retail investors gathering on sites like Reddit and Discord. It’s a trend that has long been viewed as doomed to implode at some point, but individual investors surveyed by Betterment between late April and early May, who invested in meme stocks before say that they will continue to be investors in that category of investing.</p><p><blockquote>像狗狗币这样的股票和加密货币不一定能提供令人信服的用例或收益，但由于聚集在Reddit和Discord等网站上的散户投资者的集体力量，它们正在上涨。长期以来，这种趋势被认为注定会在某个时候崩溃，但Betterment在4月底至5月初期间调查的个人投资者（之前投资过meme股票）表示，他们将继续成为该投资类别的投资者。</blockquote></p><p> According to the Betterment survey, “there is a near-universal consensus that they will continue investing in stocks like these that get a lot of attention in the future -97% said they’re at least somewhat likely to invest,”</p><p><blockquote>根据Betterment调查，“几乎普遍的共识是，他们将继续投资此类未来受到广泛关注的股票——97%的人表示他们至少有可能投资。”</blockquote></p><p> That is even as the outlook for GameStop, AMC and its ilk look uncertain.</p><p><blockquote>尽管游戏驿站、AMC及其同类公司的前景看起来不确定。</blockquote></p><p> Betterment’s survey included a panel of 1,500 respondents from April 26 to May 3, who were 18 years and older and have any kind of investment (excluded if only 401(k)). Of the total, half of them actively day traded their investments.</p><p><blockquote>Betterment的调查包括4月26日至5月3日期间由1,500名受访者组成的小组，这些受访者年龄在18岁及以上，拥有任何类型的投资（仅401(k)除外）。其中，一半的人积极进行日内交易。</blockquote></p><p> All that said, most of the respondents in the research survey indicated that they had some understanding of meme investments while nearly a quarter, 24%, said they didn’t understand it well at all.</p><p><blockquote>尽管如此，研究调查中的大多数受访者表示他们对模因投资有所了解，而近四分之一（24%）的人表示他们根本不太了解。</blockquote></p><p> Investments like GameStop have captured the imagination of young investors because of the stratospheric gains it has seen.</p><p><blockquote>像游戏驿站这样的投资吸引了年轻投资者的想象力，因为它已经看到了极高的收益。</blockquote></p><p> For example, shares of GamStop are up 1,054% on the year and those for AMC have risen more than 2,500%, while dogecoin is up nearly 5,000% in the year to date.</p><p><blockquote>例如，GamStop的股价今年上涨了1,054%，AMC的股价上涨了2,500%以上，而狗狗币今年迄今上涨了近5,000%。</blockquote></p><p> By comparison, more traditional assets have seen more muted, although strong gains. The Dow Jones Industrial AverageDJIA,+0.95%and the S&amp;P 500 indexSPX,+0.58%are up nearly 12% and over 13%, respectively. The Nasdaq Composite IndexCOMP,+0.69%is up by about 12% after a stellar rally in June so far.</p><p><blockquote>相比之下，更传统的资产尽管涨幅强劲，但表现更为低迷。道琼斯工业平均指数DJIA,+0.95%和标普500指数SPX,+0.58%分别上涨近12%和超过13%。纳斯达克综合指数COMP,+0.69%继6月份迄今为止的强劲反弹后，已上涨约12%。</blockquote></p><p> A number of investment funds have cropped up in the hope of capturing some of that Reddit buzz, including the VanEck Vectors Social Sentiment ETFBUZZ,+0.77%,with the apt ticker “BUZZ.” That exchange-traded fund is up 12.2% over the past three months and has gained 6.5% in June, outperforming the Nasdaq Composite’s June gain of 4.5%.</p><p><blockquote>许多投资基金纷纷涌现，希望抓住Reddit上的一些热点，其中包括VanEck Vectors社会情绪ETFBUZZ，+0.77%，apt股票代码为“BUZZ”。该交易所交易基金在过去三个月上涨了12.2%，6月份上涨了6.5%，跑赢了纳斯达克综合指数6月份4.5%的涨幅。</blockquote></p><p> As with many anecdotal studies, the Betterment report concluded that government stimulus checks and stay-at-home protocols in place during the worst of the COVID pandemic helped to foster the move by retail investors into trading and investing.</p><p><blockquote>与许多轶事研究一样，Betterment报告得出的结论是，在新冠疫情最严重时期实施的政府刺激检查和居家协议有助于促进散户投资者转向交易和投资。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/4fdae247167f1c15457445bee4649fd0\" tg-width=\"620\" tg-height=\"444\" referrerpolicy=\"no-referrer\">BETTERMENT</p><p><blockquote>改善</blockquote></p><p> “While most day traders indicated their main reason for doing so was that they believed they could make more money in a shorter period of time (58%), many (43%) also indicated it was because it is fun and entertaining,” according to the report.</p><p><blockquote>“虽然大多数日内交易者表示他们这样做的主要原因是他们相信他们可以在更短的时间内赚更多的钱(58%)，但许多人(43%)也表示这是因为它很有趣和娱乐性，”根据报告。</blockquote></p><p> About 54% of respondents said that the pandemic made them trade more often.</p><p><blockquote>约54%的受访者表示，疫情让他们更频繁地交易。</blockquote></p><p> The idea that retail investing will continue to be a phenomenon may not be far-fetched at all, even if the meme stock fad subsides somewhat.</p><p><blockquote>即使模因股票热潮有所消退，散户投资将继续成为一种现象的想法可能一点也不牵强。</blockquote></p><p> According to estimates from JMP Securities, new brokerage accounts opened by individual investors have already roughly matched the total created throughout 2020, hitting more than 10 million, in just the first half of 2021.</p><p><blockquote>根据JMP证券的估计，仅在2021年上半年，个人投资者开设的新经纪账户就已经大致相当于2020年全年创建的账户总数，达到1000万以上。</blockquote></p><p></p>","source":"market_watch","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>'Meme' stock-market trend around AMC, GameStop may be more persistent than you think, says report<blockquote>报告称，围绕AMC和游戏驿站的“模因”股市趋势可能比你想象的更持久</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\">\n'Meme' stock-market trend around AMC, GameStop may be more persistent than you think, says report<blockquote>报告称，围绕AMC和游戏驿站的“模因”股市趋势可能比你想象的更持久</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Marketwatch</strong><span class=\"h-time small\">2021-06-25 13:55</span>\n</p>\n</h4>\n</header>\n<article>\n<p>Think meme stock investing is a fad? Think again. That is, at least, according to a new report from financial advisory firm Betterment.</p><p><blockquote>认为模因股票投资是一种时尚吗？再想想。至少根据金融咨询公司Betterment的一份新报告是这样认为的。</blockquote></p><p> About 97% of those in a recent survey conducted by the digital investment advisor, who said that they had invested in stocks driven primarily by social-media mentions rather than fundamentals would continue to do so in the foreseeable future.</p><p><blockquote>在digital investment advisor最近进行的一项调查中，约97%的人表示，他们投资的股票主要是由社交媒体提及而不是基本面驱动的，在可预见的未来将继续这样做。</blockquote></p><p> Such meme investing trends have been the main drivers behind purchases of companies like bricks-and-mortar videogame retailer GameStop Corp&nbsp;., movie chain AMC Entertainment Holdings&nbsp;and BlackBerry Ltd.&nbsp;,who made a ubiquitous cellphone that was all the rage in the 1990s and early 2000s.</p><p><blockquote>这种模因投资趋势一直是实体视频游戏零售商游戏驿站公司、电影连锁店AMC院线控股公司和黑莓有限公司等公司收购的主要驱动力，这些公司制造了一款无处不在的手机，在20世纪90年代和21世纪初风靡一时。</blockquote></p><p> Stocks and crypto like dogecoin,that aren’t necessarily offering compelling use-cases, or earnings, are rising on the dint of the collective might of retail investors gathering on sites like Reddit and Discord. It’s a trend that has long been viewed as doomed to implode at some point, but individual investors surveyed by Betterment between late April and early May, who invested in meme stocks before say that they will continue to be investors in that category of investing.</p><p><blockquote>像狗狗币这样的股票和加密货币不一定能提供令人信服的用例或收益，但由于聚集在Reddit和Discord等网站上的散户投资者的集体力量，它们正在上涨。长期以来，这种趋势被认为注定会在某个时候崩溃，但Betterment在4月底至5月初期间调查的个人投资者（之前投资过meme股票）表示，他们将继续成为该投资类别的投资者。</blockquote></p><p> According to the Betterment survey, “there is a near-universal consensus that they will continue investing in stocks like these that get a lot of attention in the future -97% said they’re at least somewhat likely to invest,”</p><p><blockquote>根据Betterment调查，“几乎普遍的共识是，他们将继续投资此类未来受到广泛关注的股票——97%的人表示他们至少有可能投资。”</blockquote></p><p> That is even as the outlook for GameStop, AMC and its ilk look uncertain.</p><p><blockquote>尽管游戏驿站、AMC及其同类公司的前景看起来不确定。</blockquote></p><p> Betterment’s survey included a panel of 1,500 respondents from April 26 to May 3, who were 18 years and older and have any kind of investment (excluded if only 401(k)). Of the total, half of them actively day traded their investments.</p><p><blockquote>Betterment的调查包括4月26日至5月3日期间由1,500名受访者组成的小组，这些受访者年龄在18岁及以上，拥有任何类型的投资（仅401(k)除外）。其中，一半的人积极进行日内交易。</blockquote></p><p> All that said, most of the respondents in the research survey indicated that they had some understanding of meme investments while nearly a quarter, 24%, said they didn’t understand it well at all.</p><p><blockquote>尽管如此，研究调查中的大多数受访者表示他们对模因投资有所了解，而近四分之一（24%）的人表示他们根本不太了解。</blockquote></p><p> Investments like GameStop have captured the imagination of young investors because of the stratospheric gains it has seen.</p><p><blockquote>像游戏驿站这样的投资吸引了年轻投资者的想象力，因为它已经看到了极高的收益。</blockquote></p><p> For example, shares of GamStop are up 1,054% on the year and those for AMC have risen more than 2,500%, while dogecoin is up nearly 5,000% in the year to date.</p><p><blockquote>例如，GamStop的股价今年上涨了1,054%，AMC的股价上涨了2,500%以上，而狗狗币今年迄今上涨了近5,000%。</blockquote></p><p> By comparison, more traditional assets have seen more muted, although strong gains. The Dow Jones Industrial AverageDJIA,+0.95%and the S&amp;P 500 indexSPX,+0.58%are up nearly 12% and over 13%, respectively. The Nasdaq Composite IndexCOMP,+0.69%is up by about 12% after a stellar rally in June so far.</p><p><blockquote>相比之下，更传统的资产尽管涨幅强劲，但表现更为低迷。道琼斯工业平均指数DJIA,+0.95%和标普500指数SPX,+0.58%分别上涨近12%和超过13%。纳斯达克综合指数COMP,+0.69%继6月份迄今为止的强劲反弹后，已上涨约12%。</blockquote></p><p> A number of investment funds have cropped up in the hope of capturing some of that Reddit buzz, including the VanEck Vectors Social Sentiment ETFBUZZ,+0.77%,with the apt ticker “BUZZ.” That exchange-traded fund is up 12.2% over the past three months and has gained 6.5% in June, outperforming the Nasdaq Composite’s June gain of 4.5%.</p><p><blockquote>许多投资基金纷纷涌现，希望抓住Reddit上的一些热点，其中包括VanEck Vectors社会情绪ETFBUZZ，+0.77%，apt股票代码为“BUZZ”。该交易所交易基金在过去三个月上涨了12.2%，6月份上涨了6.5%，跑赢了纳斯达克综合指数6月份4.5%的涨幅。</blockquote></p><p> As with many anecdotal studies, the Betterment report concluded that government stimulus checks and stay-at-home protocols in place during the worst of the COVID pandemic helped to foster the move by retail investors into trading and investing.</p><p><blockquote>与许多轶事研究一样，Betterment报告得出的结论是，在新冠疫情最严重时期实施的政府刺激检查和居家协议有助于促进散户投资者转向交易和投资。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/4fdae247167f1c15457445bee4649fd0\" tg-width=\"620\" tg-height=\"444\" referrerpolicy=\"no-referrer\">BETTERMENT</p><p><blockquote>改善</blockquote></p><p> “While most day traders indicated their main reason for doing so was that they believed they could make more money in a shorter period of time (58%), many (43%) also indicated it was because it is fun and entertaining,” according to the report.</p><p><blockquote>“虽然大多数日内交易者表示他们这样做的主要原因是他们相信他们可以在更短的时间内赚更多的钱(58%)，但许多人(43%)也表示这是因为它很有趣和娱乐性，”根据报告。</blockquote></p><p> About 54% of respondents said that the pandemic made them trade more often.</p><p><blockquote>约54%的受访者表示，疫情让他们更频繁地交易。</blockquote></p><p> The idea that retail investing will continue to be a phenomenon may not be far-fetched at all, even if the meme stock fad subsides somewhat.</p><p><blockquote>即使模因股票热潮有所消退，散户投资将继续成为一种现象的想法可能一点也不牵强。</blockquote></p><p> According to estimates from JMP Securities, new brokerage accounts opened by individual investors have already roughly matched the total created throughout 2020, hitting more than 10 million, in just the first half of 2021.</p><p><blockquote>根据JMP证券的估计，仅在2021年上半年，个人投资者开设的新经纪账户就已经大致相当于2020年全年创建的账户总数，达到1000万以上。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.marketwatch.com/story/meme-stock-market-trend-around-amc-gamestop-may-be-more-persistent-than-you-think-says-report-11624556211?siteid=yhoof2\">Marketwatch</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AMC":"AMC院线","BB":"黑莓","GME":"游戏驿站"},"source_url":"https://www.marketwatch.com/story/meme-stock-market-trend-around-amc-gamestop-may-be-more-persistent-than-you-think-says-report-11624556211?siteid=yhoof2","is_english":true,"share_image_url":"https://static.laohu8.com/599a65733b8245fcf7868668ef9ad712","article_id":"2146230250","content_text":"Think meme stock investing is a fad? Think again. That is, at least, according to a new report from financial advisory firm Betterment.\nAbout 97% of those in a recent survey conducted by the digital investment advisor, who said that they had invested in stocks driven primarily by social-media mentions rather than fundamentals would continue to do so in the foreseeable future.\nSuch meme investing trends have been the main drivers behind purchases of companies like bricks-and-mortar videogame retailer GameStop Corp ., movie chain AMC Entertainment Holdings and BlackBerry Ltd. ,who made a ubiquitous cellphone that was all the rage in the 1990s and early 2000s.\nStocks and crypto like dogecoin,that aren’t necessarily offering compelling use-cases, or earnings, are rising on the dint of the collective might of retail investors gathering on sites like Reddit and Discord. It’s a trend that has long been viewed as doomed to implode at some point, but individual investors surveyed by Betterment between late April and early May, who invested in meme stocks before say that they will continue to be investors in that category of investing.\nAccording to the Betterment survey, “there is a near-universal consensus that they will continue investing in stocks like these that get a lot of attention in the future -97% said they’re at least somewhat likely to invest,”\nThat is even as the outlook for GameStop, AMC and its ilk look uncertain.\nBetterment’s survey included a panel of 1,500 respondents from April 26 to May 3, who were 18 years and older and have any kind of investment (excluded if only 401(k)). Of the total, half of them actively day traded their investments.\nAll that said, most of the respondents in the research survey indicated that they had some understanding of meme investments while nearly a quarter, 24%, said they didn’t understand it well at all.\nInvestments like GameStop have captured the imagination of young investors because of the stratospheric gains it has seen.\nFor example, shares of GamStop are up 1,054% on the year and those for AMC have risen more than 2,500%, while dogecoin is up nearly 5,000% in the year to date.\nBy comparison, more traditional assets have seen more muted, although strong gains. The Dow Jones Industrial AverageDJIA,+0.95%and the S&P 500 indexSPX,+0.58%are up nearly 12% and over 13%, respectively. The Nasdaq Composite IndexCOMP,+0.69%is up by about 12% after a stellar rally in June so far.\nA number of investment funds have cropped up in the hope of capturing some of that Reddit buzz, including the VanEck Vectors Social Sentiment ETFBUZZ,+0.77%,with the apt ticker “BUZZ.” That exchange-traded fund is up 12.2% over the past three months and has gained 6.5% in June, outperforming the Nasdaq Composite’s June gain of 4.5%.\nAs with many anecdotal studies, the Betterment report concluded that government stimulus checks and stay-at-home protocols in place during the worst of the COVID pandemic helped to foster the move by retail investors into trading and investing.\nBETTERMENT\n“While most day traders indicated their main reason for doing so was that they believed they could make more money in a shorter period of time (58%), many (43%) also indicated it was because it is fun and entertaining,” according to the report.\nAbout 54% of respondents said that the pandemic made them trade more often.\nThe idea that retail investing will continue to be a phenomenon may not be far-fetched at all, even if the meme stock fad subsides somewhat.\nAccording to estimates from JMP Securities, new brokerage accounts opened by individual investors have already roughly matched the total created throughout 2020, hitting more than 10 million, in just the first half of 2021.","news_type":1,"symbols_score_info":{"GME":0.9,"AMC":0.9,"BB":0.9}},"isVote":1,"tweetType":1,"viewCount":490,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":121770353,"gmtCreate":1624493950572,"gmtModify":1631892735764,"author":{"id":"3579141181798233","authorId":"3579141181798233","name":"Turtlebizkit","avatar":"https://static.tigerbbs.com/ae37619873125a6a1b1b6c86916c6c23","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3579141181798233","idStr":"3579141181798233"},"themes":[],"htmlText":"[Smart]&nbsp;go go go!","listText":"[Smart]&nbsp;go go go!","text":"[Smart] go go go!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/121770353","repostId":"2145156570","repostType":4,"isVote":1,"tweetType":1,"viewCount":690,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":121677043,"gmtCreate":1624463988482,"gmtModify":1631892735767,"author":{"id":"3579141181798233","authorId":"3579141181798233","name":"Turtlebizkit","avatar":"https://static.tigerbbs.com/ae37619873125a6a1b1b6c86916c6c23","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3579141181798233","idStr":"3579141181798233"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/FUTU\">$Futu Holdings Limited(FUTU)$</a>Missed the boat again... [Facepalm]&nbsp;","listText":"<a href=\"https://laohu8.com/S/FUTU\">$Futu Holdings Limited(FUTU)$</a>Missed the boat again... [Facepalm]&nbsp;","text":"$Futu Holdings Limited(FUTU)$Missed the boat again... [Facepalm]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/121677043","isVote":1,"tweetType":1,"viewCount":483,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":121930000,"gmtCreate":1624447992400,"gmtModify":1631892735767,"author":{"id":"3579141181798233","authorId":"3579141181798233","name":"Turtlebizkit","avatar":"https://static.tigerbbs.com/ae37619873125a6a1b1b6c86916c6c23","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3579141181798233","idStr":"3579141181798233"},"themes":[],"htmlText":"How’s this ETF? Anyone can share? [Doubt]&nbsp;","listText":"How’s this ETF? Anyone can share? [Doubt]&nbsp;","text":"How’s this ETF? Anyone can share? [Doubt]","images":[{"img":"https://static.tigerbbs.com/2f39526414ca08cfffbb1f82fbed84d5","width":"750","height":"1618"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/121930000","isVote":1,"tweetType":1,"viewCount":771,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":121994432,"gmtCreate":1624447913626,"gmtModify":1631888809622,"author":{"id":"3579141181798233","authorId":"3579141181798233","name":"Turtlebizkit","avatar":"https://static.tigerbbs.com/ae37619873125a6a1b1b6c86916c6c23","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3579141181798233","idStr":"3579141181798233"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/TRCHP.CNT\">$Torchlight Energy Resources Inc.RIGHTS(TRCHP.CNT)$</a>Lai lai lai~ [Miser]&nbsp;","listText":"<a href=\"https://laohu8.com/S/TRCHP.CNT\">$Torchlight Energy Resources Inc.RIGHTS(TRCHP.CNT)$</a>Lai lai lai~ [Miser]&nbsp;","text":"$Torchlight Energy Resources Inc.RIGHTS(TRCHP.CNT)$Lai lai lai~ [Miser]","images":[{"img":"https://static.tigerbbs.com/348f197b9ef83b4b8323a121a74e4d40","width":"750","height":"1068"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/121994432","isVote":1,"tweetType":1,"viewCount":524,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":121041245,"gmtCreate":1624446264887,"gmtModify":1631885232384,"author":{"id":"3579141181798233","authorId":"3579141181798233","name":"Turtlebizkit","avatar":"https://static.tigerbbs.com/ae37619873125a6a1b1b6c86916c6c23","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3579141181798233","idStr":"3579141181798233"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/TRCH\">$Torchlight Energy Resources(TRCH)$</a>[Sick]&nbsp;","listText":"<a 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🦍","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/121057636","repostId":"2145068038","repostType":2,"isVote":1,"tweetType":1,"viewCount":493,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":105903295,"gmtCreate":1620261995717,"gmtModify":1634206586855,"author":{"id":"3579141181798233","authorId":"3579141181798233","name":"Turtlebizkit","avatar":"https://static.tigerbbs.com/ae37619873125a6a1b1b6c86916c6c23","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3579141181798233","idStr":"3579141181798233"},"themes":[],"htmlText":"[Cool]&nbsp;","listText":"[Cool]&nbsp;","text":"[Cool]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/105903295","repostId":"1190727792","repostType":4,"repost":{"id":"1190727792","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":1620261268,"share":"https://www.laohu8.com/m/news/1190727792?lang=zh_CN&edition=full","pubTime":"2021-05-06 08:34","market":"us","language":"en","title":"PayPal CEO touts ‘next generation digital wallet’ after earnings beat<blockquote>PayPal首席执行官在盈利超出预期后吹捧“下一代数字钱包”</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1190727792","media":"Tiger Newspress","summary":"PayPal shares rose as much as 5.5% in extended trading on Wednesday after reporting first-quarter ea","content":"<p>PayPal&nbsp;shares rose as much as 5.5% in extended trading on Wednesday after reporting&nbsp;first-quarter earnings&nbsp;that were stronger than analysts had expected.<img src=\"https://static.tigerbbs.com/58ec3528147a01fb437277e9297f867e\" tg-width=\"1302\" tg-height=\"833\" referrerpolicy=\"no-referrer\">Here’s how the company did:</p><p><blockquote>在公布强于分析师预期的第一季度收益后，PayPal股价周三盘后交易中上涨5.5%。该公司的做法如下：</blockquote></p><p><ul><li><b>Earnings per share:</b>$1.22, adjusted, vs. $1.01 per share expected in a Refinitiv survey of analysts</li><li><b>Revenue:</b>$6.03 billion vs. $5.90 billion expected by Refinitiv</li><li><b>Total payment volume:</b>$285 billion vs. $265 billionexpected in a FactSet survey</li></ul><img src=\"https://static.tigerbbs.com/280fd499646b944018a299f06e8a7149\" tg-width=\"838\" tg-height=\"638\" referrerpolicy=\"no-referrer\">PayPal&nbsp;shares rose as much as 5.5% in extended trading on Wednesday after reporting&nbsp;first-quarter earnings&nbsp;that were stronger than analysts had expected.First quarter net profit rose to $1.10 billion from $84 million a year earlier, and the company added 14.5 million net new active accounts, bringing its total user base to 392 million.</p><p><blockquote><ul><li><b>每股盈利：</b>调整后每股1.22美元，而Refinitiv分析师调查预计每股1.01美元</li><li><b>收入：</b>60.3亿美元，而Refinitiv预期为59亿美元</li><li><b>总支付量：</b>FactSet调查预计为2,850亿美元，而FactSet调查预计为2,650亿美元</li></ul>在公布强于分析师预期的第一季度收益后，PayPal股价周三盘后交易中上涨5.5%。第一季度净利润从去年同期的8400万美元增至11亿美元，该公司净新增活跃账户1450万个，用户总数达到3.92亿。</blockquote></p><p>Revenue grew 31% year over year in the quarter that ended Mar. 31, according to a statement. In the year-ago quarter, the pandemic fomented a surge in online shopping, helping todrive record payment volumefor the quarter and the full year.</p><p><blockquote>一份声明称，截至3月31日的季度收入同比增长31%。去年同期，疫情引发了网上购物的激增，帮助推动了本季度和全年创纪录的支付量。</blockquote></p><p>On the company’s earnings call, CEO&nbsp;Dan Schulman pointed to cryptocurrency as a key growth engine for the company.</p><p><blockquote>在公司的盈利看涨期权上，首席执行官丹·舒尔曼指出加密货币是公司的关键增长引擎。</blockquote></p><p>“We’ve got a tremendous amount of really great results going on tactically with our crypto efforts,” said Schulman. He went on to say that half of crypto users open their PayPal app daily, suggesting that it increases engagement for users.</p><p><blockquote>舒尔曼说：“我们的加密货币工作在战术上取得了大量非常好的成果。”他接着说，一半的加密用户每天都会打开他们的PayPal应用程序，这表明它增加了用户的参与度。</blockquote></p><p>The mobile payments company made a big push into crypto in the last six months, allowing users in the U.S. to buy, sell, and check out with cryptocurrencies.</p><p><blockquote>这家移动支付公司在过去六个月中大力进军加密货币领域，允许美国用户使用加密货币购买、出售和结账。</blockquote></p><p>With its network of&nbsp;26 million retailers, PayPal’s crypto ambitions have positioned the company as a rival to&nbsp;Coinbase, the country’smost popular crypto exchange.</p><p><blockquote>凭借拥有2600万零售商的网络，PayPal的加密货币雄心使该公司成为该国最受欢迎的加密货币交易所Coinbase的竞争对手。</blockquote></p><p>The company also announced plans to roll out a “next-generation digital wallet” in the third quarter. Schulman described the product as an “all-in-one, personalized app [that] will provide increasingly customized and unique shopping, financial services, and payments experiences.”</p><p><blockquote>该公司还宣布计划在第三季度推出“下一代数字钱包”。舒尔曼将该产品描述为“一体化、个性化的应用程序，将提供日益定制化和独特的购物、金融服务和支付体验。”</blockquote></p><p>With respect to guidance, for the second quarter PayPal sees adjusted earnings of $1.12 per share on $6.25 billion in revenue. Analysts surveyed by Refinitiv had expected $1.10 in adjusted earnings per share on $6.16 billion in revenue.</p><p><blockquote>关于指引，PayPal预计第二季度调整后每股收益为1.12美元，营收为62.5亿美元。Refinitiv调查的分析师此前预计调整后每股收益为1.10美元，营收为61.6亿美元。</blockquote></p><p>For the full year, PayPal expects revenue to grow 20% to $25.75 billion, and the company called for adjusted earnings to grow 21% to $4.70. Analysts polled by Refinitiv had been looking for $4.57 in adjusted earnings per share and $25.71 billion in revenue.</p><p><blockquote>PayPal预计全年营收将增长20%至257.5亿美元，该公司预计调整后盈利将增长21%至4.70美元。Refinitiv调查的分析师此前预计调整后每股收益为4.57美元，营收为257.1亿美元。</blockquote></p><p>Excluding the after-hours move, PayPal stock has risen about 5.9% since the start of the year, while theNasdaqis up about 5.5% over the same period.</p><p><blockquote>排除盘后走势，PayPal股价自今年年初以来已上涨约5.9%，而纳斯达克指数同期上涨约5.5%。</blockquote></p><p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>PayPal CEO touts ‘next generation digital wallet’ after earnings beat<blockquote>PayPal首席执行官在盈利超出预期后吹捧“下一代数字钱包”</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\">\nPayPal CEO touts ‘next generation digital wallet’ after earnings beat<blockquote>PayPal首席执行官在盈利超出预期后吹捧“下一代数字钱包”</blockquote>\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time smaller\">2021-05-06 08:34</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>PayPal&nbsp;shares rose as much as 5.5% in extended trading on Wednesday after reporting&nbsp;first-quarter earnings&nbsp;that were stronger than analysts had expected.<img src=\"https://static.tigerbbs.com/58ec3528147a01fb437277e9297f867e\" tg-width=\"1302\" tg-height=\"833\" referrerpolicy=\"no-referrer\">Here’s how the company did:</p><p><blockquote>在公布强于分析师预期的第一季度收益后，PayPal股价周三盘后交易中上涨5.5%。该公司的做法如下：</blockquote></p><p><ul><li><b>Earnings per share:</b>$1.22, adjusted, vs. $1.01 per share expected in a Refinitiv survey of analysts</li><li><b>Revenue:</b>$6.03 billion vs. $5.90 billion expected by Refinitiv</li><li><b>Total payment volume:</b>$285 billion vs. $265 billionexpected in a FactSet survey</li></ul><img src=\"https://static.tigerbbs.com/280fd499646b944018a299f06e8a7149\" tg-width=\"838\" tg-height=\"638\" referrerpolicy=\"no-referrer\">PayPal&nbsp;shares rose as much as 5.5% in extended trading on Wednesday after reporting&nbsp;first-quarter earnings&nbsp;that were stronger than analysts had expected.First quarter net profit rose to $1.10 billion from $84 million a year earlier, and the company added 14.5 million net new active accounts, bringing its total user base to 392 million.</p><p><blockquote><ul><li><b>每股盈利：</b>调整后每股1.22美元，而Refinitiv分析师调查预计每股1.01美元</li><li><b>收入：</b>60.3亿美元，而Refinitiv预期为59亿美元</li><li><b>总支付量：</b>FactSet调查预计为2,850亿美元，而FactSet调查预计为2,650亿美元</li></ul>在公布强于分析师预期的第一季度收益后，PayPal股价周三盘后交易中上涨5.5%。第一季度净利润从去年同期的8400万美元增至11亿美元，该公司净新增活跃账户1450万个，用户总数达到3.92亿。</blockquote></p><p>Revenue grew 31% year over year in the quarter that ended Mar. 31, according to a statement. In the year-ago quarter, the pandemic fomented a surge in online shopping, helping todrive record payment volumefor the quarter and the full year.</p><p><blockquote>一份声明称，截至3月31日的季度收入同比增长31%。去年同期，疫情引发了网上购物的激增，帮助推动了本季度和全年创纪录的支付量。</blockquote></p><p>On the company’s earnings call, CEO&nbsp;Dan Schulman pointed to cryptocurrency as a key growth engine for the company.</p><p><blockquote>在公司的盈利看涨期权上，首席执行官丹·舒尔曼指出加密货币是公司的关键增长引擎。</blockquote></p><p>“We’ve got a tremendous amount of really great results going on tactically with our crypto efforts,” said Schulman. He went on to say that half of crypto users open their PayPal app daily, suggesting that it increases engagement for users.</p><p><blockquote>舒尔曼说：“我们的加密货币工作在战术上取得了大量非常好的成果。”他接着说，一半的加密用户每天都会打开他们的PayPal应用程序，这表明它增加了用户的参与度。</blockquote></p><p>The mobile payments company made a big push into crypto in the last six months, allowing users in the U.S. to buy, sell, and check out with cryptocurrencies.</p><p><blockquote>这家移动支付公司在过去六个月中大力进军加密货币领域，允许美国用户使用加密货币购买、出售和结账。</blockquote></p><p>With its network of&nbsp;26 million retailers, PayPal’s crypto ambitions have positioned the company as a rival to&nbsp;Coinbase, the country’smost popular crypto exchange.</p><p><blockquote>凭借拥有2600万零售商的网络，PayPal的加密货币雄心使该公司成为该国最受欢迎的加密货币交易所Coinbase的竞争对手。</blockquote></p><p>The company also announced plans to roll out a “next-generation digital wallet” in the third quarter. Schulman described the product as an “all-in-one, personalized app [that] will provide increasingly customized and unique shopping, financial services, and payments experiences.”</p><p><blockquote>该公司还宣布计划在第三季度推出“下一代数字钱包”。舒尔曼将该产品描述为“一体化、个性化的应用程序，将提供日益定制化和独特的购物、金融服务和支付体验。”</blockquote></p><p>With respect to guidance, for the second quarter PayPal sees adjusted earnings of $1.12 per share on $6.25 billion in revenue. Analysts surveyed by Refinitiv had expected $1.10 in adjusted earnings per share on $6.16 billion in revenue.</p><p><blockquote>关于指引，PayPal预计第二季度调整后每股收益为1.12美元，营收为62.5亿美元。Refinitiv调查的分析师此前预计调整后每股收益为1.10美元，营收为61.6亿美元。</blockquote></p><p>For the full year, PayPal expects revenue to grow 20% to $25.75 billion, and the company called for adjusted earnings to grow 21% to $4.70. Analysts polled by Refinitiv had been looking for $4.57 in adjusted earnings per share and $25.71 billion in revenue.</p><p><blockquote>PayPal预计全年营收将增长20%至257.5亿美元，该公司预计调整后盈利将增长21%至4.70美元。Refinitiv调查的分析师此前预计调整后每股收益为4.57美元，营收为257.1亿美元。</blockquote></p><p>Excluding the after-hours move, PayPal stock has risen about 5.9% since the start of the year, while theNasdaqis up about 5.5% over the same period.</p><p><blockquote>排除盘后走势，PayPal股价自今年年初以来已上涨约5.9%，而纳斯达克指数同期上涨约5.5%。</blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"PYPL":"PayPal"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1190727792","content_text":"PayPal shares rose as much as 5.5% in extended trading on Wednesday after reporting first-quarter earnings that were stronger than analysts had expected.Here’s how the company did:Earnings per share:$1.22, adjusted, vs. $1.01 per share expected in a Refinitiv survey of analystsRevenue:$6.03 billion vs. $5.90 billion expected by RefinitivTotal payment volume:$285 billion vs. $265 billionexpected in a FactSet surveyPayPal shares rose as much as 5.5% in extended trading on Wednesday after reporting first-quarter earnings that were stronger than analysts had expected.First quarter net profit rose to $1.10 billion from $84 million a year earlier, and the company added 14.5 million net new active accounts, bringing its total user base to 392 million.Revenue grew 31% year over year in the quarter that ended Mar. 31, according to a statement. In the year-ago quarter, the pandemic fomented a surge in online shopping, helping todrive record payment volumefor the quarter and the full year.On the company’s earnings call, CEO Dan Schulman pointed to cryptocurrency as a key growth engine for the company.“We’ve got a tremendous amount of really great results going on tactically with our crypto efforts,” said Schulman. He went on to say that half of crypto users open their PayPal app daily, suggesting that it increases engagement for users.The mobile payments company made a big push into crypto in the last six months, allowing users in the U.S. to buy, sell, and check out with cryptocurrencies.With its network of 26 million retailers, PayPal’s crypto ambitions have positioned the company as a rival to Coinbase, the country’smost popular crypto exchange.The company also announced plans to roll out a “next-generation digital wallet” in the third quarter. Schulman described the product as an “all-in-one, personalized app [that] will provide increasingly customized and unique shopping, financial services, and payments experiences.”With respect to guidance, for the second quarter PayPal sees adjusted earnings of $1.12 per share on $6.25 billion in revenue. Analysts surveyed by Refinitiv had expected $1.10 in adjusted earnings per share on $6.16 billion in revenue.For the full year, PayPal expects revenue to grow 20% to $25.75 billion, and the company called for adjusted earnings to grow 21% to $4.70. Analysts polled by Refinitiv had been looking for $4.57 in adjusted earnings per share and $25.71 billion in revenue.Excluding the after-hours move, PayPal stock has risen about 5.9% since the start of the year, while theNasdaqis up about 5.5% over the same period.","news_type":1,"symbols_score_info":{"PYPL":0.9}},"isVote":1,"tweetType":1,"viewCount":410,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":186225683,"gmtCreate":1623503772942,"gmtModify":1634032301077,"author":{"id":"3579141181798233","authorId":"3579141181798233","name":"Turtlebizkit","avatar":"https://static.tigerbbs.com/ae37619873125a6a1b1b6c86916c6c23","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3579141181798233","idStr":"3579141181798233"},"themes":[],"htmlText":"Well, sometimes&nbsp;we&nbsp;reap what we sow i guess","listText":"Well, sometimes&nbsp;we&nbsp;reap what we sow i guess","text":"Well, sometimes we reap what we sow i guess","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/186225683","repostId":"1104635261","repostType":2,"repost":{"id":"1104635261","kind":"news","pubTimestamp":1623470020,"share":"https://www.laohu8.com/m/news/1104635261?lang=zh_CN&edition=full","pubTime":"2021-06-12 11:53","market":"us","language":"en","title":"AMC Bet by Hedge Fund Unravels Thanks to Meme-Stock Traders<blockquote>对冲基金对AMC的押注因模因股票交易员而瓦解</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1104635261","media":"The Wall Street Journal","summary":"Losses by Mudrick Capital show the risks of exposure to meme stocks.\n\nA multipronged bet onAMC Enter","content":"<p>  <b>Losses by Mudrick Capital show the risks of exposure to meme stocks.</b>  A multipronged bet onAMC Entertainment HoldingsInc.AMC15.39%boomeranged this month on Mudrick Capital Management LP, the latest hedge fund to fall victim to swarming day traders.</p><p><blockquote><b>Mudrick Capital的亏损显示了投资模因股票的风险。</b>本月，对AMC Entertainment HoldingsINC.AMC 15.39%的多管齐下的押注在Mudrick Capital Management LP上适得其反，Mudrick Capital Management LP是最新一家成为大量日内交易者受害者的对冲基金。</blockquote></p><p> Mudrick’s flagship fund lost about 10% in just a few days as a jump in AMC’s stock price unexpectedly triggered changes in the value of derivatives the fund held as part of a complex trading strategy, people familiar with the matter said.</p><p><blockquote>知情人士称，穆德里克的旗舰基金在短短几天内损失了约10%，因为AMC股价的上涨意外引发了该基金作为复杂交易策略一部分持有的衍生品价值的变化。</blockquote></p><p> The setback comes months after a group of traders organizing on social media helped send the price ofGameStopCorp.GME5.88%and other stocks soaring in January, well beyond many investors’ views of underlying fundamentals.</p><p><blockquote>几个月前，一群在社交媒体上组织的交易员帮助GameStopCorp.GME5.88%和其他股票的价格在1月份飙升，远远超出了许多投资者对基本面的看法。</blockquote></p><p> The development prompted many hedge funds to slash their exposure to meme stocks. Mudrick Capital’s losses highlight how risky retaining significant exposure to such companies can be—even backfiring on a hedge-fund manager who was mostly in sync with the bullishness of individual investors.</p><p><blockquote>这一事态发展促使许多对冲基金削减了对模因股票的投资。Mudrick Capital的损失凸显了保留对此类公司的大量投资的风险有多大，甚至会对一位与个人投资者的看涨情绪基本同步的对冲基金经理产生适得其反的影响。</blockquote></p><p> Jason Mudrick, the firm’s founder, had been trading AMC stock, options and bonds for months, surfing a surge of enthusiasm for the theater chain among individual investors. But he also sold call options, derivative contracts meant to hedge the fund’s exposure to AMC should the stock price founder. Those derivative contracts, which gave its buyers the right to buy AMC stock from Mudrick at roughly $40 in the future, ballooned into liabilities when a resurgence ofReddit-fueled buyingrecently pushed AMC’s stock to new records, the people said.</p><p><blockquote>该公司创始人杰森·穆德里克(Jason Mudrick)几个月来一直在交易AMC股票、期权和债券，个人投资者对这家连锁影院的热情高涨。但他也出售了看涨期权期权，这是一种衍生品合约，旨在对冲该基金在股价下跌时对AMC的敞口。知情人士称，这些衍生品合约赋予买家未来以约40美元的价格从Mudrick购买AMC股票的权利，但当Reddit推动的购买热潮最近将AMC股票推至新纪录时，这些衍生品合约就变成了负债。</blockquote></p><p> As part of the broader AMC strategy, executives at Mudrick Capital were in talks with AMC to buy additional shares from the company in late May. On June 1, AMC disclosed that Mudrick Capital had agreed to buy $230.5 million of new stock directly from the company at $27.12 apiece, a premium over where it was then trading.</p><p><blockquote>作为更广泛的AMC战略的一部分，Mudrick Capital的高管正在与AMC就购买该公司的额外股票进行谈判。6月1日，AMC披露，Mudrick Capital已同意以每股27.12美元的价格直接从该公司购买2.305亿美元的新股，高于当时的交易价格。</blockquote></p><p> Mudrick immediately sold the stock at a profit, a quick flip that was reported by Bloomberg News and that sparked backlash on social media.</p><p><blockquote>穆德里克立即出售了该股票并获利，彭博新闻报道了这一快速抛售，并在社交媒体上引发了强烈反对。</blockquote></p><p> “Mudrick didn’t stab AMC in the back…They shot themselves in the foot,” read one post on Reddit’s Wall Street Bets forum on June 1. Other posts around that time referenced Mudrick as “losers,” “scum bags” and “a large waving pile of s—t with no future.” Members of the forum urged each other to buy and hold.</p><p><blockquote>6月1日，Reddit华尔街博彩论坛上的一篇帖子写道：“穆德里克没有在背后捅AMC一刀……他们是搬起石头砸自己的脚。”当时的其他帖子称穆德里克为“失败者”、“人渣”和“一大堆没有未来的挥舞着的S-T”。论坛成员互相催促买入并持有。</blockquote></p><p> Inside Mudrick, executives were growing apprehensive as the AMC rally gained steam. The firm’s risk committee met on the evening of June 1 after the stock closed at $32 and decided to exit all debt and derivative positions the following day.</p><p><blockquote>随着AMC反弹势头增强，穆德里克内部的高管们越来越感到担忧。该公司的风险委员会于6月1日晚在该股收于32美元后召开会议，并决定在第二天退出所有债务和衍生品头寸。</blockquote></p><p> It was a day too late.</p><p><blockquote>晚了一天。</blockquote></p><p> AMC’s stock price blew past $40in a matter of hours June 2, hitting an intraday high of $72.62.Call option prices soaredamid a frenzy of trading that Mudrick Capital contributed to and, by the end of the week, the winning trade had turned into a bust, costing the fund hundreds of millions of dollars in losses. Mudrick Capital made a roughly 5% return on the debt it sold but after accounting for its options trade, the fund took a net loss of about 5.4% on AMC.</p><p><blockquote>6月2日，AMC股价在几个小时内突破40美元，触及72.62美元的盘中高点。在穆德里克资本促成的疯狂交易中，看涨期权期权价格飙升，到本周末，获胜的交易变成了失败，使该基金损失了数亿美元。Mudrick Capital出售的债务回报率约为5%，但考虑到期权交易后，该基金在AMC上的净亏损约为5.4%。</blockquote></p><p> Mr. Mudrick’s fund is still up about 12% for the year, one of the people said. Meanwhile, investors who bought AMC stock at the start of the year and held on have gained about 2000%.</p><p><blockquote>其中一位知情人士表示，穆德里克的基金今年仍上涨了约12%。与此同时，年初购买AMC股票并持有的投资者已上涨约2000%。</blockquote></p><p> The impact of social media-fueled day traders has become a defining market development this year, costing top hedge funds billions of dollars in losses, sparking a congressional hearing anddrawing scrutinyfrom the U.S. Securities and Exchange Commission. More hedge funds now track individual investors’ sentiment on social media and pay greater attention to companies with smaller market values whose stock price may be more susceptible to the enthusiasms of individual investors.</p><p><blockquote>社交媒体推动的日内交易者的影响已成为今年市场的决定性发展，导致顶级对冲基金损失数十亿美元，引发国会听证会并受到美国证券交易委员会的审查。更多的对冲基金现在跟踪个人投资者在社交媒体上的情绪，更加关注市值较小的公司，这些公司的股价可能更容易受到个人投资者热情的影响。</blockquote></p><p> Mr. Mudrick specializes in distressed debt investing, often lending to troubled companies at high interest rates or swapping their existing debt for equity in bankruptcy court. Mudrick manages about $3.5 billion in investments firmwide and holds large, illiquid stakes in E-cigarette maker NJOY Holdings Inc. and satellite communications companyGlobalstarInc.from such exchanges. The flagship fund reported returns of about 17% annually from 2018 to 2020, according to data from HSBC Alternative Investment Group.</p><p><blockquote>穆德里克先生专门从事不良债务投资，经常以高利率向陷入困境的公司提供贷款，或者在破产法庭上将其现有债务换成股权。Mudrick管理着全公司约35亿美元的投资，并通过此类交易所持有电子烟制造商NJOY Holdings Inc.和卫星通信公司GlobalStarInc.的大量非流动性股份。汇丰另类投资集团的数据显示，2018年至2020年，该旗舰基金的年回报率约为17%。</blockquote></p><p> But distressed investing opportunities have grownharder to findas easy money from the Federal Reserve has given even struggling companies open access to debt markets. Mr. Mudrick has explored other strategies, launching several special-purpose acquisition companiesand, in the case of AMC, ultimately buying stock in block trades.</p><p><blockquote>但由于美联储的宽松资金甚至为陷入困境的公司提供了进入债务市场的机会，因此陷入困境的投资机会变得越来越难找到。穆德里克先生还探索了其他策略，成立了几家特殊目的收购公司，就AMC而言，最终通过大宗交易购买股票。</blockquote></p><p></p><p> Mr. Mudrick initially applied his typical playbook to AMC, buying bonds for as little as 20 cents on the dollar,lending the company $100 millionin December and swapping some bonds into new shares. Theater attendance, already under pressure, had disappeared almost entirely amid Covid-19 pandemic lockdowns, and AMC stock traded as low as $2. He reasoned that consumers would regain their appetite for big-screen entertainment this year as more Americans got vaccinated.</p><p><blockquote>穆德里克最初将他的典型策略应用于AMC，以低至20美分的价格购买债券，在12月向该公司借出1亿美元，并将部分债券换成新股。在Covid-19大流行封锁期间，已经面临压力的影院上座率几乎完全消失，AMC股票交易价格低至2美元。他推断，随着越来越多的美国人接种疫苗，消费者今年将恢复对大屏幕娱乐的兴趣。</blockquote></p><p> Day traders took theirfirst run at AMC in late January, urging each other on with the social-media rallying cry of #SaveAMC and briefly lifting the stock to around $20. AMC’s rising equity value boosted debt prices—one bond Mudrick Capital owned doubled within a week—quickly rewarding Mr. Mudrick’s bullishness. AMC capitalized on its surging stock priceto raise nearly $1 billion in new financingin late January, enabling it to ward off a previously expected bankruptcy filing.</p><p><blockquote>1月下旬，日内交易者首次在AMC进行了交易，在社交媒体上高呼#SaveAMC，并短暂将该股推升至20美元左右。AMC不断上涨的股票价值推高了债务价格——Mudrick Capital持有的一只债券在一周内翻了一番——很快就回报了Mudrick先生的看涨情绪。AMC利用其飙升的股价在1月底筹集了近10亿美元的新融资，使其能够避免此前预期的破产申请。</blockquote></p><p> Around that time, Mr. Mudrick sold call options on AMC stock, producing immediate income to offset potential losses if the theater chain did face problems. The derivatives gave buyers the option to buy AMC shares from Mudrick Capital for about $40—viewed as a seeming improbability when the stock was trading below $10.</p><p><blockquote>大约在那个时候，穆德里克先生出售了AMC股票的看涨期权期权，如果连锁影院确实面临问题，可以立即产生收入来抵消潜在的损失。这些衍生品让买家可以选择以约40美元的价格从Mudrick Capital购买AMC股票——当该股交易价格低于10美元时，这似乎不太可能。</blockquote></p><p> Mr. Mudrick remained in contact with AMC Chief Executive Adam Aron about providing additional funding, leading to his recent share purchase. But he kept the derivative contracts outstanding as an insurance policy, one of the people familiar with the matter said.</p><p><blockquote>穆德里克先生与AMC首席执行官亚当·阿伦(Adam Aron)就提供额外资金保持联系，导致他最近购买了股票。但一位知情人士表示，作为一项保险政策，他保留了衍生品合约。</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>AMC Bet by Hedge Fund Unravels Thanks to Meme-Stock Traders<blockquote>对冲基金对AMC的押注因模因股票交易员而瓦解</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAMC Bet by Hedge Fund Unravels Thanks to Meme-Stock Traders<blockquote>对冲基金对AMC的押注因模因股票交易员而瓦解</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">The Wall Street Journal</strong><span class=\"h-time small\">2021-06-12 11:53</span>\n</p>\n</h4>\n</header>\n<article>\n<p>  <b>Losses by Mudrick Capital show the risks of exposure to meme stocks.</b>  A multipronged bet onAMC Entertainment HoldingsInc.AMC15.39%boomeranged this month on Mudrick Capital Management LP, the latest hedge fund to fall victim to swarming day traders.</p><p><blockquote><b>Mudrick Capital的亏损显示了投资模因股票的风险。</b>本月，对AMC Entertainment HoldingsINC.AMC 15.39%的多管齐下的押注在Mudrick Capital Management LP上适得其反，Mudrick Capital Management LP是最新一家成为大量日内交易者受害者的对冲基金。</blockquote></p><p> Mudrick’s flagship fund lost about 10% in just a few days as a jump in AMC’s stock price unexpectedly triggered changes in the value of derivatives the fund held as part of a complex trading strategy, people familiar with the matter said.</p><p><blockquote>知情人士称，穆德里克的旗舰基金在短短几天内损失了约10%，因为AMC股价的上涨意外引发了该基金作为复杂交易策略一部分持有的衍生品价值的变化。</blockquote></p><p> The setback comes months after a group of traders organizing on social media helped send the price ofGameStopCorp.GME5.88%and other stocks soaring in January, well beyond many investors’ views of underlying fundamentals.</p><p><blockquote>几个月前，一群在社交媒体上组织的交易员帮助GameStopCorp.GME5.88%和其他股票的价格在1月份飙升，远远超出了许多投资者对基本面的看法。</blockquote></p><p> The development prompted many hedge funds to slash their exposure to meme stocks. Mudrick Capital’s losses highlight how risky retaining significant exposure to such companies can be—even backfiring on a hedge-fund manager who was mostly in sync with the bullishness of individual investors.</p><p><blockquote>这一事态发展促使许多对冲基金削减了对模因股票的投资。Mudrick Capital的损失凸显了保留对此类公司的大量投资的风险有多大，甚至会对一位与个人投资者的看涨情绪基本同步的对冲基金经理产生适得其反的影响。</blockquote></p><p> Jason Mudrick, the firm’s founder, had been trading AMC stock, options and bonds for months, surfing a surge of enthusiasm for the theater chain among individual investors. But he also sold call options, derivative contracts meant to hedge the fund’s exposure to AMC should the stock price founder. Those derivative contracts, which gave its buyers the right to buy AMC stock from Mudrick at roughly $40 in the future, ballooned into liabilities when a resurgence ofReddit-fueled buyingrecently pushed AMC’s stock to new records, the people said.</p><p><blockquote>该公司创始人杰森·穆德里克(Jason Mudrick)几个月来一直在交易AMC股票、期权和债券，个人投资者对这家连锁影院的热情高涨。但他也出售了看涨期权期权，这是一种衍生品合约，旨在对冲该基金在股价下跌时对AMC的敞口。知情人士称，这些衍生品合约赋予买家未来以约40美元的价格从Mudrick购买AMC股票的权利，但当Reddit推动的购买热潮最近将AMC股票推至新纪录时，这些衍生品合约就变成了负债。</blockquote></p><p> As part of the broader AMC strategy, executives at Mudrick Capital were in talks with AMC to buy additional shares from the company in late May. On June 1, AMC disclosed that Mudrick Capital had agreed to buy $230.5 million of new stock directly from the company at $27.12 apiece, a premium over where it was then trading.</p><p><blockquote>作为更广泛的AMC战略的一部分，Mudrick Capital的高管正在与AMC就购买该公司的额外股票进行谈判。6月1日，AMC披露，Mudrick Capital已同意以每股27.12美元的价格直接从该公司购买2.305亿美元的新股，高于当时的交易价格。</blockquote></p><p> Mudrick immediately sold the stock at a profit, a quick flip that was reported by Bloomberg News and that sparked backlash on social media.</p><p><blockquote>穆德里克立即出售了该股票并获利，彭博新闻报道了这一快速抛售，并在社交媒体上引发了强烈反对。</blockquote></p><p> “Mudrick didn’t stab AMC in the back…They shot themselves in the foot,” read one post on Reddit’s Wall Street Bets forum on June 1. Other posts around that time referenced Mudrick as “losers,” “scum bags” and “a large waving pile of s—t with no future.” Members of the forum urged each other to buy and hold.</p><p><blockquote>6月1日，Reddit华尔街博彩论坛上的一篇帖子写道：“穆德里克没有在背后捅AMC一刀……他们是搬起石头砸自己的脚。”当时的其他帖子称穆德里克为“失败者”、“人渣”和“一大堆没有未来的挥舞着的S-T”。论坛成员互相催促买入并持有。</blockquote></p><p> Inside Mudrick, executives were growing apprehensive as the AMC rally gained steam. The firm’s risk committee met on the evening of June 1 after the stock closed at $32 and decided to exit all debt and derivative positions the following day.</p><p><blockquote>随着AMC反弹势头增强，穆德里克内部的高管们越来越感到担忧。该公司的风险委员会于6月1日晚在该股收于32美元后召开会议，并决定在第二天退出所有债务和衍生品头寸。</blockquote></p><p> It was a day too late.</p><p><blockquote>晚了一天。</blockquote></p><p> AMC’s stock price blew past $40in a matter of hours June 2, hitting an intraday high of $72.62.Call option prices soaredamid a frenzy of trading that Mudrick Capital contributed to and, by the end of the week, the winning trade had turned into a bust, costing the fund hundreds of millions of dollars in losses. Mudrick Capital made a roughly 5% return on the debt it sold but after accounting for its options trade, the fund took a net loss of about 5.4% on AMC.</p><p><blockquote>6月2日，AMC股价在几个小时内突破40美元，触及72.62美元的盘中高点。在穆德里克资本促成的疯狂交易中，看涨期权期权价格飙升，到本周末，获胜的交易变成了失败，使该基金损失了数亿美元。Mudrick Capital出售的债务回报率约为5%，但考虑到期权交易后，该基金在AMC上的净亏损约为5.4%。</blockquote></p><p> Mr. Mudrick’s fund is still up about 12% for the year, one of the people said. Meanwhile, investors who bought AMC stock at the start of the year and held on have gained about 2000%.</p><p><blockquote>其中一位知情人士表示，穆德里克的基金今年仍上涨了约12%。与此同时，年初购买AMC股票并持有的投资者已上涨约2000%。</blockquote></p><p> The impact of social media-fueled day traders has become a defining market development this year, costing top hedge funds billions of dollars in losses, sparking a congressional hearing anddrawing scrutinyfrom the U.S. Securities and Exchange Commission. More hedge funds now track individual investors’ sentiment on social media and pay greater attention to companies with smaller market values whose stock price may be more susceptible to the enthusiasms of individual investors.</p><p><blockquote>社交媒体推动的日内交易者的影响已成为今年市场的决定性发展，导致顶级对冲基金损失数十亿美元，引发国会听证会并受到美国证券交易委员会的审查。更多的对冲基金现在跟踪个人投资者在社交媒体上的情绪，更加关注市值较小的公司，这些公司的股价可能更容易受到个人投资者热情的影响。</blockquote></p><p> Mr. Mudrick specializes in distressed debt investing, often lending to troubled companies at high interest rates or swapping their existing debt for equity in bankruptcy court. Mudrick manages about $3.5 billion in investments firmwide and holds large, illiquid stakes in E-cigarette maker NJOY Holdings Inc. and satellite communications companyGlobalstarInc.from such exchanges. The flagship fund reported returns of about 17% annually from 2018 to 2020, according to data from HSBC Alternative Investment Group.</p><p><blockquote>穆德里克先生专门从事不良债务投资，经常以高利率向陷入困境的公司提供贷款，或者在破产法庭上将其现有债务换成股权。Mudrick管理着全公司约35亿美元的投资，并通过此类交易所持有电子烟制造商NJOY Holdings Inc.和卫星通信公司GlobalStarInc.的大量非流动性股份。汇丰另类投资集团的数据显示，2018年至2020年，该旗舰基金的年回报率约为17%。</blockquote></p><p> But distressed investing opportunities have grownharder to findas easy money from the Federal Reserve has given even struggling companies open access to debt markets. Mr. Mudrick has explored other strategies, launching several special-purpose acquisition companiesand, in the case of AMC, ultimately buying stock in block trades.</p><p><blockquote>但由于美联储的宽松资金甚至为陷入困境的公司提供了进入债务市场的机会，因此陷入困境的投资机会变得越来越难找到。穆德里克先生还探索了其他策略，成立了几家特殊目的收购公司，就AMC而言，最终通过大宗交易购买股票。</blockquote></p><p></p><p> Mr. Mudrick initially applied his typical playbook to AMC, buying bonds for as little as 20 cents on the dollar,lending the company $100 millionin December and swapping some bonds into new shares. Theater attendance, already under pressure, had disappeared almost entirely amid Covid-19 pandemic lockdowns, and AMC stock traded as low as $2. He reasoned that consumers would regain their appetite for big-screen entertainment this year as more Americans got vaccinated.</p><p><blockquote>穆德里克最初将他的典型策略应用于AMC，以低至20美分的价格购买债券，在12月向该公司借出1亿美元，并将部分债券换成新股。在Covid-19大流行封锁期间，已经面临压力的影院上座率几乎完全消失，AMC股票交易价格低至2美元。他推断，随着越来越多的美国人接种疫苗，消费者今年将恢复对大屏幕娱乐的兴趣。</blockquote></p><p> Day traders took theirfirst run at AMC in late January, urging each other on with the social-media rallying cry of #SaveAMC and briefly lifting the stock to around $20. AMC’s rising equity value boosted debt prices—one bond Mudrick Capital owned doubled within a week—quickly rewarding Mr. Mudrick’s bullishness. AMC capitalized on its surging stock priceto raise nearly $1 billion in new financingin late January, enabling it to ward off a previously expected bankruptcy filing.</p><p><blockquote>1月下旬，日内交易者首次在AMC进行了交易，在社交媒体上高呼#SaveAMC，并短暂将该股推升至20美元左右。AMC不断上涨的股票价值推高了债务价格——Mudrick Capital持有的一只债券在一周内翻了一番——很快就回报了Mudrick先生的看涨情绪。AMC利用其飙升的股价在1月底筹集了近10亿美元的新融资，使其能够避免此前预期的破产申请。</blockquote></p><p> Around that time, Mr. Mudrick sold call options on AMC stock, producing immediate income to offset potential losses if the theater chain did face problems. The derivatives gave buyers the option to buy AMC shares from Mudrick Capital for about $40—viewed as a seeming improbability when the stock was trading below $10.</p><p><blockquote>大约在那个时候，穆德里克先生出售了AMC股票的看涨期权期权，如果连锁影院确实面临问题，可以立即产生收入来抵消潜在的损失。这些衍生品让买家可以选择以约40美元的价格从Mudrick Capital购买AMC股票——当该股交易价格低于10美元时，这似乎不太可能。</blockquote></p><p> Mr. Mudrick remained in contact with AMC Chief Executive Adam Aron about providing additional funding, leading to his recent share purchase. But he kept the derivative contracts outstanding as an insurance policy, one of the people familiar with the matter said.</p><p><blockquote>穆德里克先生与AMC首席执行官亚当·阿伦(Adam Aron)就提供额外资金保持联系，导致他最近购买了股票。但一位知情人士表示，作为一项保险政策，他保留了衍生品合约。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.wsj.com/articles/amc-bet-by-hedge-fund-unravels-thanks-to-meme-stock-traders-11623431320?mod=markets_lead_pos2\">The Wall Street Journal</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AMC":"AMC院线"},"source_url":"https://www.wsj.com/articles/amc-bet-by-hedge-fund-unravels-thanks-to-meme-stock-traders-11623431320?mod=markets_lead_pos2","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1104635261","content_text":"Losses by Mudrick Capital show the risks of exposure to meme stocks.\n\nA multipronged bet onAMC Entertainment HoldingsInc.AMC15.39%boomeranged this month on Mudrick Capital Management LP, the latest hedge fund to fall victim to swarming day traders.\nMudrick’s flagship fund lost about 10% in just a few days as a jump in AMC’s stock price unexpectedly triggered changes in the value of derivatives the fund held as part of a complex trading strategy, people familiar with the matter said.\nThe setback comes months after a group of traders organizing on social media helped send the price ofGameStopCorp.GME5.88%and other stocks soaring in January, well beyond many investors’ views of underlying fundamentals.\nThe development prompted many hedge funds to slash their exposure to meme stocks. Mudrick Capital’s losses highlight how risky retaining significant exposure to such companies can be—even backfiring on a hedge-fund manager who was mostly in sync with the bullishness of individual investors.\nJason Mudrick, the firm’s founder, had been trading AMC stock, options and bonds for months, surfing a surge of enthusiasm for the theater chain among individual investors. But he also sold call options, derivative contracts meant to hedge the fund’s exposure to AMC should the stock price founder. Those derivative contracts, which gave its buyers the right to buy AMC stock from Mudrick at roughly $40 in the future, ballooned into liabilities when a resurgence ofReddit-fueled buyingrecently pushed AMC’s stock to new records, the people said.\nAs part of the broader AMC strategy, executives at Mudrick Capital were in talks with AMC to buy additional shares from the company in late May. On June 1, AMC disclosed that Mudrick Capital had agreed to buy $230.5 million of new stock directly from the company at $27.12 apiece, a premium over where it was then trading.\nMudrick immediately sold the stock at a profit, a quick flip that was reported by Bloomberg News and that sparked backlash on social media.\n“Mudrick didn’t stab AMC in the back…They shot themselves in the foot,” read one post on Reddit’s Wall Street Bets forum on June 1. Other posts around that time referenced Mudrick as “losers,” “scum bags” and “a large waving pile of s—t with no future.” Members of the forum urged each other to buy and hold.\nInside Mudrick, executives were growing apprehensive as the AMC rally gained steam. The firm’s risk committee met on the evening of June 1 after the stock closed at $32 and decided to exit all debt and derivative positions the following day.\nIt was a day too late.\nAMC’s stock price blew past $40in a matter of hours June 2, hitting an intraday high of $72.62.Call option prices soaredamid a frenzy of trading that Mudrick Capital contributed to and, by the end of the week, the winning trade had turned into a bust, costing the fund hundreds of millions of dollars in losses. Mudrick Capital made a roughly 5% return on the debt it sold but after accounting for its options trade, the fund took a net loss of about 5.4% on AMC.\nMr. Mudrick’s fund is still up about 12% for the year, one of the people said. Meanwhile, investors who bought AMC stock at the start of the year and held on have gained about 2000%.\nThe impact of social media-fueled day traders has become a defining market development this year, costing top hedge funds billions of dollars in losses, sparking a congressional hearing anddrawing scrutinyfrom the U.S. Securities and Exchange Commission. More hedge funds now track individual investors’ sentiment on social media and pay greater attention to companies with smaller market values whose stock price may be more susceptible to the enthusiasms of individual investors.\nMr. Mudrick specializes in distressed debt investing, often lending to troubled companies at high interest rates or swapping their existing debt for equity in bankruptcy court. Mudrick manages about $3.5 billion in investments firmwide and holds large, illiquid stakes in E-cigarette maker NJOY Holdings Inc. and satellite communications companyGlobalstarInc.from such exchanges. The flagship fund reported returns of about 17% annually from 2018 to 2020, according to data from HSBC Alternative Investment Group.\nBut distressed investing opportunities have grownharder to findas easy money from the Federal Reserve has given even struggling companies open access to debt markets. Mr. Mudrick has explored other strategies, launching several special-purpose acquisition companiesand, in the case of AMC, ultimately buying stock in block trades.\nMr. Mudrick initially applied his typical playbook to AMC, buying bonds for as little as 20 cents on the dollar,lending the company $100 millionin December and swapping some bonds into new shares. Theater attendance, already under pressure, had disappeared almost entirely amid Covid-19 pandemic lockdowns, and AMC stock traded as low as $2. He reasoned that consumers would regain their appetite for big-screen entertainment this year as more Americans got vaccinated.\nDay traders took theirfirst run at AMC in late January, urging each other on with the social-media rallying cry of #SaveAMC and briefly lifting the stock to around $20. AMC’s rising equity value boosted debt prices—one bond Mudrick Capital owned doubled within a week—quickly rewarding Mr. Mudrick’s bullishness. AMC capitalized on its surging stock priceto raise nearly $1 billion in new financingin late January, enabling it to ward off a previously expected bankruptcy filing.\nAround that time, Mr. Mudrick sold call options on AMC stock, producing immediate income to offset potential losses if the theater chain did face problems. The derivatives gave buyers the option to buy AMC shares from Mudrick Capital for about $40—viewed as a seeming improbability when the stock was trading below $10.\nMr. Mudrick remained in contact with AMC Chief Executive Adam Aron about providing additional funding, leading to his recent share purchase. But he kept the derivative contracts outstanding as an insurance policy, one of the people familiar with the matter said.","news_type":1,"symbols_score_info":{"AMC":0.9}},"isVote":1,"tweetType":1,"viewCount":253,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":102486495,"gmtCreate":1620230934717,"gmtModify":1634206789062,"author":{"id":"3579141181798233","authorId":"3579141181798233","name":"Turtlebizkit","avatar":"https://static.tigerbbs.com/ae37619873125a6a1b1b6c86916c6c23","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3579141181798233","idStr":"3579141181798233"},"themes":[],"htmlText":"[Facepalm]&nbsp;Certainly feels like it...","listText":"[Facepalm]&nbsp;Certainly feels like it...","text":"[Facepalm] Certainly feels like it...","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/102486495","repostId":"1148686352","repostType":4,"repost":{"id":"1148686352","kind":"news","pubTimestamp":1620224535,"share":"https://www.laohu8.com/m/news/1148686352?lang=zh_CN&edition=full","pubTime":"2021-05-05 22:22","market":"us","language":"en","title":"This Day In Market History: Panic Of 1893 Crashes Stock Market<blockquote>市场历史上的这一天：1893年的恐慌导致股市崩盘</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1148686352","media":"benzinga","summary":"What Happened?On this day in 1893, U.S. stocks suffered their worst intraday loss in history at the ","content":"<p><div> What Happened?On this day in 1893, U.S. stocks suffered their worst intraday loss in history at the time. Where The Market Was:The Dow finished the day at 30.02. What Else Was Going On In The World?In...</p><p><blockquote><div>怎么回事？1893年的这一天，美股遭遇了当时历史上最严重的盘中跌幅。市场位置：道琼斯指数当天收于30.02点。世界上还发生了什么？在……</div></blockquote></p><p>  <a href=\"https://www.benzinga.com/general/education/21/05/20964728/this-day-in-market-history-panic-of-1893-crashes-stock-market\">网页链接</a>  </div> </p><p><blockquote><a href=\"https://www.benzinga.com/general/education/21/05/20964728/this-day-in-market-history-panic-of-1893-crashes-stock-market\">网页连接</a></blockquote></p><p></p>","source":"lsy1606299360108","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>This Day In Market History: Panic Of 1893 Crashes Stock Market<blockquote>市场历史上的这一天：1893年的恐慌导致股市崩盘</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\">\nThis Day In Market History: Panic Of 1893 Crashes Stock Market<blockquote>市场历史上的这一天：1893年的恐慌导致股市崩盘</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">benzinga</strong><span class=\"h-time small\">2021-05-05 22:22</span>\n</p>\n</h4>\n</header>\n<article>\n<p><div> What Happened?On this day in 1893, U.S. stocks suffered their worst intraday loss in history at the time. Where The Market Was:The Dow finished the day at 30.02. What Else Was Going On In The World?In...</p><p><blockquote><div>怎么回事？1893年的这一天，美股遭遇了当时历史上最严重的盘中跌幅。市场位置：道琼斯指数当天收于30.02点。世界上还发生了什么？在……</div></blockquote></p><p>  <a href=\"https://www.benzinga.com/general/education/21/05/20964728/this-day-in-market-history-panic-of-1893-crashes-stock-market\">网页链接</a>  </div> </p><p><blockquote><a href=\"https://www.benzinga.com/general/education/21/05/20964728/this-day-in-market-history-panic-of-1893-crashes-stock-market\">网页连接</a></blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.benzinga.com/general/education/21/05/20964728/this-day-in-market-history-panic-of-1893-crashes-stock-market\">benzinga</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.benzinga.com/general/education/21/05/20964728/this-day-in-market-history-panic-of-1893-crashes-stock-market","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1148686352","content_text":"What Happened?On this day in 1893, U.S. stocks suffered their worst intraday loss in history at the time.\nWhere The Market Was:The Dow finished the day at 30.02.\nWhat Else Was Going On In The World?In 1893, Thomas Edison completed the world’s first movie studio in West Orange, New Jersey. Lizzie Borden was acquitted of the ax murders of her father and stepmother. A fresh, one-pound beef steak cost 10 cents.\nPanic Of 1893:On May 5, 1893, the Dow Jones Index dropped more than 24% from 39.90 to 30.02. It would mark the worst intraday sell-off in U.S. history at the time, a record that would stand until 1929.\nThe Panic of 1893 was triggered in part by falling gold reserves in the U.S. Treasury. At the time, the U.S. was on the gold standard, meaning U.S. dollars could be redeemed for physical gold. When Treasury gold reserves dropped from $190 million in 1890 to $100 million by 1893, Americans grew concerned that the Treasury might run out of gold and began withdrawing bank notes and converting them to gold, placing extreme strain on the U.S. banking industry and credit markets.\nThe May 5 sell-off was triggered in part by the bankruptcy of Nation Cordage the day before.General Electric CompanyGE 0.34%shares dropped 28% on the day from $80 to $58.\nFortunately for investors, the Panic of 1893 didn’t last for long. By the end of the day, the market nearly completely recovered its losses. GE, for example, closed the session at $78.50.\nThe Panic of 1893 would ravage the U.S. economy, triggering a severe four-year depression. Roughly 14,000 U.S. businesses closed, and unemployment rose to 20%. The event would mark the worst economic downturn in U.S. history until the Great Depression began in 1929.","news_type":1,"symbols_score_info":{}},"isVote":1,"tweetType":1,"viewCount":261,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":186235725,"gmtCreate":1623500529567,"gmtModify":1634032331533,"author":{"id":"3579141181798233","authorId":"3579141181798233","name":"Turtlebizkit","avatar":"https://static.tigerbbs.com/ae37619873125a6a1b1b6c86916c6c23","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3579141181798233","idStr":"3579141181798233"},"themes":[],"htmlText":"[Sweats]&nbsp;[Sweats]&nbsp;","listText":"[Sweats]&nbsp;[Sweats]&nbsp;","text":"[Sweats] [Sweats]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/186235725","repostId":"1124998394","repostType":4,"isVote":1,"tweetType":1,"viewCount":355,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":135456881,"gmtCreate":1622178700843,"gmtModify":1634183081513,"author":{"id":"3579141181798233","authorId":"3579141181798233","name":"Turtlebizkit","avatar":"https://static.tigerbbs.com/ae37619873125a6a1b1b6c86916c6c23","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3579141181798233","idStr":"3579141181798233"},"themes":[],"htmlText":"Same earth, different situations. [LOL]&nbsp;","listText":"Same earth, different situations. [LOL]&nbsp;","text":"Same earth, different situations. [LOL]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/135456881","repostId":"1148985369","repostType":4,"isVote":1,"tweetType":1,"viewCount":617,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":198538552,"gmtCreate":1620968644276,"gmtModify":1634194871382,"author":{"id":"3579141181798233","authorId":"3579141181798233","name":"Turtlebizkit","avatar":"https://static.tigerbbs.com/ae37619873125a6a1b1b6c86916c6c23","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3579141181798233","idStr":"3579141181798233"},"themes":[],"htmlText":"C’mon bulls~ [Eye]&nbsp;","listText":"C’mon bulls~ [Eye]&nbsp;","text":"C’mon bulls~ [Eye]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/198538552","repostId":"2135945620","repostType":4,"isVote":1,"tweetType":1,"viewCount":322,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":102482929,"gmtCreate":1620230965561,"gmtModify":1634206788940,"author":{"id":"3579141181798233","authorId":"3579141181798233","name":"Turtlebizkit","avatar":"https://static.tigerbbs.com/ae37619873125a6a1b1b6c86916c6c23","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3579141181798233","idStr":"3579141181798233"},"themes":[],"htmlText":"[What]&nbsp;","listText":"[What]&nbsp;","text":"[What]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/102482929","repostId":"1131387668","repostType":4,"repost":{"id":"1131387668","kind":"news","pubTimestamp":1620228331,"share":"https://www.laohu8.com/m/news/1131387668?lang=zh_CN&edition=full","pubTime":"2021-05-05 23:25","market":"us","language":"en","title":"This COVID-19 Vaccine Stock Quietly Soared 75% In April: Is There More Upside Ahead?<blockquote>这只COVID-19疫苗股在4月份悄然飙升75%：未来还有更多上涨空间吗？</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1131387668","media":"benzinga","summary":"Shares ofBioNTech SE, which partnered withPfizer Inc. in successfully developing a vaccine against t","content":"<p><div> Shares ofBioNTech SE, which partnered withPfizer Inc. in successfully developing a vaccine against the coronavirus, have been gaining ground. BioNTech's Price Action:BioNTech and its partner ...</p><p><blockquote><div>BioNTech SE与辉瑞公司合作成功开发了针对冠状病毒的疫苗，其股价一直在上涨。BioNTech的价格走势：BioNTech及其合作伙伴...</div></blockquote></p><p>  <a href=\"https://www.benzinga.com/general/biotech/21/05/20918917/this-covid-19-vaccine-stock-quietly-soared-75-in-april-is-there-more-upside-ahead\">网页链接</a>  </div> </p><p><blockquote><a href=\"https://www.benzinga.com/general/biotech/21/05/20918917/this-covid-19-vaccine-stock-quietly-soared-75-in-april-is-there-more-upside-ahead\">网页连接</a></blockquote></p><p></p>","source":"lsy1606299360108","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>This COVID-19 Vaccine Stock Quietly Soared 75% In April: Is There More Upside Ahead?<blockquote>这只COVID-19疫苗股在4月份悄然飙升75%：未来还有更多上涨空间吗？</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nThis COVID-19 Vaccine Stock Quietly Soared 75% In April: Is There More Upside Ahead?<blockquote>这只COVID-19疫苗股在4月份悄然飙升75%：未来还有更多上涨空间吗？</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">benzinga</strong><span class=\"h-time small\">2021-05-05 23:25</span>\n</p>\n</h4>\n</header>\n<article>\n<p><div> Shares ofBioNTech SE, which partnered withPfizer Inc. in successfully developing a vaccine against the coronavirus, have been gaining ground. BioNTech's Price Action:BioNTech and its partner ...</p><p><blockquote><div>BioNTech SE与辉瑞公司合作成功开发了针对冠状病毒的疫苗，其股价一直在上涨。BioNTech的价格走势：BioNTech及其合作伙伴...</div></blockquote></p><p>  <a href=\"https://www.benzinga.com/general/biotech/21/05/20918917/this-covid-19-vaccine-stock-quietly-soared-75-in-april-is-there-more-upside-ahead\">网页链接</a>  </div> </p><p><blockquote><a href=\"https://www.benzinga.com/general/biotech/21/05/20918917/this-covid-19-vaccine-stock-quietly-soared-75-in-april-is-there-more-upside-ahead\">网页连接</a></blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.benzinga.com/general/biotech/21/05/20918917/this-covid-19-vaccine-stock-quietly-soared-75-in-april-is-there-more-upside-ahead\">benzinga</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BNTX":"BioNTech SE"},"source_url":"https://www.benzinga.com/general/biotech/21/05/20918917/this-covid-19-vaccine-stock-quietly-soared-75-in-april-is-there-more-upside-ahead","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1131387668","content_text":"Shares ofBioNTech SE, which partnered withPfizer Inc. in successfully developing a vaccine against the coronavirus, have been gaining ground.\nBioNTech's Price Action:BioNTech and its partner Pfizerreceived in mid-Decemberauthorization for emergency use of the BNT162b2 mRNA vaccine against the novel coronavirus that causes COVID-19.\nBioNTech's shares, which rallied to a high of $131 ahead of the FDA decision, gave back part of the gains in a ‘buy-the-rumor, sell-the-news' move. The stock ended 2020 at $81.52, about 38% off the intraday high for the year.\nThe German vaccine maker's stock picked up momentum early in 2021, breaching the $100 psychological resistance level on Jan. 8 and trading in a $100-$120 range until early March.\nThe marketwide selloff in March did not spare BioNTech, with the stock dropping below $100 for a few sessions before climbing back again. The stock was locked in a lackluster phase until the end of March.\nCome April, the trend began to change. In the very first session of April, the stock rose over 4% and moved steadily higher through the month. In April alone, the stock added 72.4%.\nTo put things in perspective, if an investor had invested $1,000 in BioNTech shares at the end of March, their investment would now be worth $1,909.46 (using the intraday high of $207.55 hit on Monday). This would mean nearly doubling the investment in a span of a month.\nWhat's Behind The BioNTech Rally:The stock has been supported by the intermittent news flow regarding the company's vaccine.\nIn late March, the companies reported positive top-line results from a study evaluating the vaccine in adolescents.\nOn April 1, BioNTech and Pfizer reported data on BNT162b2 following six months of follow-up that confirmed its efficacy and safety.\nThe companies announced April 9 a request to the FDA to authorize expanded use of the vaccine in adolescents ages 12-15.\nThe FDA'sdecisionto temporarily pause the use ofJohnson & Johnson'sJNJ 0.2%vaccine also proved positive for BioNTech, which added about 7% on April 13 when the pause was announced.\nIn mid-April, the companies announced an agreement with the European Union to supply 100 million doses of BNT162b2, which is named Comirnaty in Europe, in 2021. With that, the total number of doses delivered to the EU is 600 million.\nLast week, a request was submitted to the EU to expand conditional marketing authorization to adolescents in the EU.\nWhat Lies Ahead For BioNTech Stock?BNT162b2 is expected to continue to boost BioNTech's top-line. Having delivered 200 million doses by the end of March, the company has signed orders for supplying 1.4 billion doses in 2021.\nPfizer and BioNTech plan to boost the manufacturing capacity for the vaccine to 2.5 billion doses by the end of 2021.\n\"BioNTech and Pfizer will be the standout leader in COVID-19 vaccination globally, with demand increasing for the 2.5Bn doses they are targeting to manufacture in 2021,\" SVB Leerink analyst Daina Graybosch said in a note.\nWith the second wave of the COVID-19 pandemic now sweeping across several nations, the companies have a lucrative opportunity. The companies have also proved the efficacy of the vaccine against variants.\nOnce the pandemic phase passes, the vaccine has scope for use in endemic setting.\nMore importantly, BioNTech is not a one-trick pony. The company has a broad oncology pipeline consisting of 13 product candidates.\nWeighing in all the opportunities, further upside in the stock cannot be ruled out.\nBNTX Price Action:At last check, BioNTech shares were rising 8.2% to $191.38.","news_type":1,"symbols_score_info":{"BNTX":0.9}},"isVote":1,"tweetType":1,"viewCount":375,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":137074115,"gmtCreate":1622276999537,"gmtModify":1634102554459,"author":{"id":"3579141181798233","authorId":"3579141181798233","name":"Turtlebizkit","avatar":"https://static.tigerbbs.com/ae37619873125a6a1b1b6c86916c6c23","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3579141181798233","idStr":"3579141181798233"},"themes":[],"htmlText":"Yes, great move, but your stock can still climb back to over&nbsp;135 pls... [LOL]&nbsp;","listText":"Yes, great move, but your stock can still climb back to over&nbsp;135 pls... [LOL]&nbsp;","text":"Yes, great move, but your stock can still climb back to over 135 pls... [LOL]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/137074115","repostId":"2138488613","repostType":4,"isVote":1,"tweetType":1,"viewCount":384,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":137049947,"gmtCreate":1622273831489,"gmtModify":1634102567284,"author":{"id":"3579141181798233","authorId":"3579141181798233","name":"Turtlebizkit","avatar":"https://static.tigerbbs.com/ae37619873125a6a1b1b6c86916c6c23","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3579141181798233","idStr":"3579141181798233"},"themes":[],"htmlText":"[Cool]&nbsp;[Strong]&nbsp;","listText":"[Cool]&nbsp;[Strong]&nbsp;","text":"[Cool] [Strong]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/137049947","repostId":"1170854386","repostType":4,"isVote":1,"tweetType":1,"viewCount":525,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":188430478,"gmtCreate":1623457996594,"gmtModify":1634033000637,"author":{"id":"3579141181798233","authorId":"3579141181798233","name":"Turtlebizkit","avatar":"https://static.tigerbbs.com/ae37619873125a6a1b1b6c86916c6c23","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3579141181798233","idStr":"3579141181798233"},"themes":[],"htmlText":"[LOL]&nbsp;[LOL]&nbsp;[LOL]&nbsp;","listText":"[LOL]&nbsp;[LOL]&nbsp;[LOL]&nbsp;","text":"[LOL] [LOL] [LOL]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/188430478","repostId":"2142858202","repostType":4,"isVote":1,"tweetType":1,"viewCount":303,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}