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2021-12-08

Yes pls

Dear NIO Stock Fans, Mark Your Calendars for This Potential Catalyst on Dec. 18<blockquote>亲爱的蔚来股票粉丝们，请在 12 月 18 日的日历上标记这一潜在催化剂</blockquote>

2021-11-15

Paper hands

抱歉，原内容已删除

2021-11-05

$PTON(PTON)$This is how much I hate exercise

2021-08-12

Cos it’s actually a decent company

Clover Health shares rose nearly 12% in premarket trading.<blockquote>Clover Health 股价在盘前交易中上涨近 12%。</blockquote>

2021-08-10

Wtf premarket

2021-08-10

$Lordstown Motors Corp.(RIDE)$ is clearly a scam lol

抱歉，原内容已删除

2021-08-09

Ah should’ve bought earlier

Microvast shares surged nearly 9% in premarket trading.<blockquote>Microvast 股价在盘前交易中飙升近 9%。</blockquote>

2021-08-03

Dead

抱歉，原内容已删除

2021-08-02

Like and comment

Alibaba,Uber, DraftKings, GM, Roku, EA, ViacomCBS, and Other Stocks for Investors to Watch This Week<blockquote>阿里巴巴、Uber、DraftKings、通用汽车、Roku、EA、维亚康姆哥伦比亚广播公司和其他投资者本周值得关注的股票</blockquote>

2021-07-30

Great writeup

抱歉，原内容已删除

2021-07-30

Great writeup

抱歉，原内容已删除

2021-07-30

Killed her character then stole her money

Why ‘Black Widow’ Star Scarlett Johansson Sued Disney<blockquote>《黑寡妇》主演斯嘉丽-约翰逊为何起诉迪士尼</blockquote>

2021-07-29

🚀

抱歉，原内容已删除

2021-07-26

Horror [Spurting]

抱歉，原内容已删除

2021-07-23

Investing in Chinese companies is so stressful

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2021-07-23

Nice

Intel Q2 EPS $1.28 Beats $1.06 Estimate<blockquote>英特尔第二季度每股收益 1.28 美元，超出预期 1.06 美元</blockquote>

2021-07-21

$Walt Disney(DIS)$will win long term but there isspace for both. The rest should just give up. Looking at you $AT&T Inc(T)$$Comcast(CMCSA)$

Netflix Slides After Subscriber Guidance Misses Estimates<blockquote>订户指导未达到预期后 Netflix 下滑</blockquote>

2021-07-21

Pls like and comment

Netflix Slides After Subscriber Guidance Misses Estimates<blockquote>订户指导未达到预期后 Netflix 下滑</blockquote>

2021-07-21

Comment and like

抱歉，原内容已删除

2021-07-16

Pls 🚀

抱歉，原内容已删除

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pls&nbsp;","listText":"Yes pls&nbsp;","text":"Yes pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/602943253","repostId":"1180884235","repostType":2,"repost":{"id":"1180884235","kind":"news","pubTimestamp":1638932278,"share":"https://www.laohunote.com/m/news/1180884235?lang=zh_CN&edition=full","pubTime":"2021-12-08 10:57","market":"us","language":"en","title":"Dear NIO Stock Fans, Mark Your Calendars for This Potential Catalyst on Dec. 18<blockquote>亲爱的蔚来股票粉丝们，请在 12 月 18 日的日历上标记这一潜在催化剂</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1180884235","media":"InvestorPlace","summary":"Fans of electric vehicle  stocks are anxiously awaiting Nio Day, which has been confirmed to take place on Dec. 18 in Suzhou, China.Nio is expected to debut at least two new vehicle models and possibly a brand new vehicle brand. During Nio Day 2020, the EV maker unveiled the ET7 sedan to much fanfare. Deliveries for the ET7 sedan are expected to start in 2022 for most countries, although confirmation for this timetable will likely be answered at Nio Day.Without further ado, let’s dive right into","content":"<p><div> Fans of electric vehicle (EV) stocks are anxiously awaiting Nio Day, which has been confirmed to take place on Dec. 18 in Suzhou, China.Nio(NYSE:NIO) is expected to debut at least two new vehicle ...</p><p><blockquote><div>电动汽车 (EV) 股票的粉丝们正在焦急地等待蔚来日，该活动已确认将于 12 月 18 日在中国苏州举行。蔚来汽车（纽约证券交易所股票代码：NIO）预计将推出至少两款新车……</div></blockquote></p><p>  <a href=\"https://investorplace.com/2021/12/dear-nio-stock-fans-mark-your-calendars-for-this-potential-catalyst/\">网页链接</a>  </div> </p><p><blockquote><a href=\"https://investorplace.com/2021/12/dear-nio-stock-fans-mark-your-calendars-for-this-potential-catalyst/\">网页连接</a></blockquote></p><p></p>","source":"lsy1606302653667","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Dear NIO Stock Fans, Mark Your Calendars for This Potential Catalyst on Dec. 18<blockquote>亲爱的蔚来股票粉丝们，请在 12 月 18 日的日历上标记这一潜在催化剂</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\">\nDear NIO Stock Fans, Mark Your Calendars for This Potential Catalyst on Dec. 18<blockquote>亲爱的蔚来股票粉丝们，请在 12 月 18 日的日历上标记这一潜在催化剂</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">InvestorPlace</strong><span class=\"h-time small\">2021-12-08 10:57</span>\n</p>\n</h4>\n</header>\n<article>\n<p><div> Fans of electric vehicle (EV) stocks are anxiously awaiting Nio Day, which has been confirmed to take place on Dec. 18 in Suzhou, China.Nio(NYSE:NIO) is expected to debut at least two new vehicle ...</p><p><blockquote><div>电动汽车 (EV) 股票的粉丝们正在焦急地等待蔚来日，该活动已确认将于 12 月 18 日在中国苏州举行。蔚来汽车（纽约证券交易所股票代码：NIO）预计将推出至少两款新车……</div></blockquote></p><p>  <a href=\"https://investorplace.com/2021/12/dear-nio-stock-fans-mark-your-calendars-for-this-potential-catalyst/\">网页链接</a>  </div> </p><p><blockquote><a href=\"https://investorplace.com/2021/12/dear-nio-stock-fans-mark-your-calendars-for-this-potential-catalyst/\">网页连接</a></blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://investorplace.com/2021/12/dear-nio-stock-fans-mark-your-calendars-for-this-potential-catalyst/\">InvestorPlace</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NIO":"蔚来"},"source_url":"https://investorplace.com/2021/12/dear-nio-stock-fans-mark-your-calendars-for-this-potential-catalyst/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1180884235","content_text":"Fans of electric vehicle (EV) stocks are anxiously awaiting Nio Day, which has been confirmed to take place on Dec. 18 in Suzhou, China.Nio(NYSE:NIO) is expected to debut at least two new vehicle models and possibly a brand new vehicle brand. During Nio Day 2020, the EV maker unveiled the ET7 sedan to much fanfare. Deliveries for the ET7 sedan are expected to start in 2022 for most countries, although confirmation for this timetable will likely be answered at Nio Day.\nNio also impressed shareholders after releasing its November delivery numbers. The company reported that it had delivered 10,878 vehicles, up nearly 106% year-over-year (YOY). This brings total year deliveries to 80,940 vehicles, up more than 120% YOY. The November numbers were much needed after Nio reported disappointing October deliveries. Those numbers came in lower due to supply-chain issues and chip shortages.InvestorPlacecontributor Vandita Jadeja notes that Nio’sexpected fourth-quarter deliveries of 23,500 to 25,500 vehicles will be difficult to accomplish.\nWithout further ado, let’s dive right into what investors should know about Nio’s most exciting day of the year.\nNio Day: What NIO Stock Investors Should Know\n\nRumors are flying around that one of the new vehicles to be released during Nio Day is the ET5, a mid-sized sedan. The ET5 will reportedly compete with the BMW(OTCMKTS:BMWYY) 3-series and the Audi A4 at a lower price (Audi is owned by Volkswagen(OTCMKTS:VWAGY)).\nThe ET5 will likely be priced below the ET7, which has a base cost of around $69,000.\nAccording to a research note from Deutsche Bank, the second mystery EV is expected to be similar to the Toyota(NYSE:TM) Alphard, a luxury multi-purpose vehicle (MPV) that “sold 20,000 units in China last year.” Deutsche’s second guess is a high-performance sports coupe.\nNio recently filed a trademark registration for the name EF9, according to Electric Vehicle Web. This has led many to speculate that the new vehicle will be a convertible version of the EP9.\nCEO William Li confirmed that Nio plans on adding three new models to the Nio Technology Platform 2.0 in 2022. One of the models will be the new ET7 sedan. The other two are still unknown.\nFans of NIO stock are also waiting for an update on overseas delivery times and availability, especially in European countries. The company will likely answer this question at Nio Day.\nLi confirmed during a Q2 conference call that Nio had assembled a team to work on a new vehicle brand. In regards to the possible new vehicle brand, Li commented, “The relationship between Nio and our new mass-market brand will be like that of Audi-Volkswagen and Lexus-Toyota.”","news_type":1,"symbols_score_info":{"NIO":0.9}},"isVote":1,"tweetType":1,"viewCount":3691,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":873467351,"gmtCreate":1636978785548,"gmtModify":1636978785669,"author":{"id":"3580216654548696","authorId":"3580216654548696","name":"yct","avatar":"https://static.tigerbbs.com/fc8d88e888d52a12790f96349bf44387","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3580216654548696","idStr":"3580216654548696"},"themes":[],"title":"","htmlText":"Paper hands","listText":"Paper hands","text":"Paper hands","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/873467351","repostId":"2183022556","repostType":2,"isVote":1,"tweetType":1,"viewCount":3289,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":842020213,"gmtCreate":1636121344648,"gmtModify":1636121362581,"author":{"id":"3580216654548696","authorId":"3580216654548696","name":"yct","avatar":"https://static.tigerbbs.com/fc8d88e888d52a12790f96349bf44387","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3580216654548696","idStr":"3580216654548696"},"themes":[],"title":"","htmlText":"<a href=\"https://laohu8.com/S/PTON\">$PTON(PTON)$</a>This is how much I hate exercise","listText":"<a href=\"https://laohu8.com/S/PTON\">$PTON(PTON)$</a>This is how much I hate exercise","text":"$PTON(PTON)$This is how much I hate exercise","images":[{"img":"https://static.tigerbbs.com/299cbe2e6fbd2553c97ed0c5e5f84ba6","width":"1242","height":"2448"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/842020213","isVote":1,"tweetType":1,"viewCount":3872,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"CN","totalScore":0},{"id":895585039,"gmtCreate":1628756916521,"gmtModify":1633689740147,"author":{"id":"3580216654548696","authorId":"3580216654548696","name":"yct","avatar":"https://static.tigerbbs.com/fc8d88e888d52a12790f96349bf44387","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3580216654548696","idStr":"3580216654548696"},"themes":[],"title":"","htmlText":"Cos it’s actually a decent company&nbsp;","listText":"Cos it’s actually a decent company&nbsp;","text":"Cos it’s actually a decent company","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/895585039","repostId":"1176507211","repostType":4,"repost":{"id":"1176507211","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":1628755698,"share":"https://www.laohunote.com/m/news/1176507211?lang=zh_CN&edition=full","pubTime":"2021-08-12 16:08","market":"us","language":"en","title":"Clover Health shares rose nearly 12% in premarket trading.<blockquote>Clover Health 股价在盘前交易中上涨近 12%。</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1176507211","media":"Tiger Newspress","summary":"Clover Health shares rose nearly 12% in premarket trading.\nHealth care technology company Clover Hea","content":"<p>Clover Health&nbsp;shares&nbsp;rose nearly&nbsp;12% in premarket&nbsp;trading.</p><p><blockquote>Clover Health 股价在盘前交易中上涨近 12%。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/873c1d06cbd5a2c42b775f8b93fec480\" tg-width=\"910\" tg-height=\"651\" referrerpolicy=\"no-referrer\">Health care technology company&nbsp;<b>Clover Health</b>&nbsp;reported second-quarter earnings Wednesday afternoon.</p><p><blockquote>医疗保健技术公司<b>三叶草健康</b>周三下午公布了第二季度收益。</blockquote></p><p> Clover Health had revenue of $412 million in the second quarter, up 140% year-over-year. The revenue total beat analysts’ estimate of $205.4 million for the quarter.</p><p><blockquote>Clover Health 第二季度营收为 4.12 亿美元，同比增长 140%。本季度总收入超过了分析师预期的 2.054 亿美元。</blockquote></p><p> Clover Health sees full fiscal year revenue coming in the range of $1.4 billion to $1.5 billion. The revenue guidance is ahead of an $811.5 million estimate from analysts.</p><p><blockquote>Clover Health 预计整个财年的收入将在 14 亿至 15 亿美元之间。收入指引高于分析师 8.115 亿美元的预期。</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>Clover Health shares rose nearly 12% in premarket trading.<blockquote>Clover Health 股价在盘前交易中上涨近 12%。</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\">\nClover Health shares rose nearly 12% in premarket trading.<blockquote>Clover Health 股价在盘前交易中上涨近 12%。</blockquote>\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time smaller\">2021-08-12 16:08</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>Clover Health&nbsp;shares&nbsp;rose nearly&nbsp;12% in premarket&nbsp;trading.</p><p><blockquote>Clover Health 股价在盘前交易中上涨近 12%。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/873c1d06cbd5a2c42b775f8b93fec480\" tg-width=\"910\" tg-height=\"651\" referrerpolicy=\"no-referrer\">Health care technology company&nbsp;<b>Clover Health</b>&nbsp;reported second-quarter earnings Wednesday afternoon.</p><p><blockquote>医疗保健技术公司<b>三叶草健康</b>周三下午公布了第二季度收益。</blockquote></p><p> Clover Health had revenue of $412 million in the second quarter, up 140% year-over-year. The revenue total beat analysts’ estimate of $205.4 million for the quarter.</p><p><blockquote>Clover Health 第二季度营收为 4.12 亿美元，同比增长 140%。本季度总收入超过了分析师预期的 2.054 亿美元。</blockquote></p><p> Clover Health sees full fiscal year revenue coming in the range of $1.4 billion to $1.5 billion. The revenue guidance is ahead of an $811.5 million estimate from analysts.</p><p><blockquote>Clover Health 预计整个财年的收入将在 14 亿至 15 亿美元之间。收入指引高于分析师 8.115 亿美元的预期。</blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"CLOV":"Clover Health Corp"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1176507211","content_text":"Clover Health shares rose nearly 12% in premarket trading.\nHealth care technology company Clover Health reported second-quarter earnings Wednesday afternoon.\nClover Health had revenue of $412 million in the second quarter, up 140% year-over-year. The revenue total beat analysts’ estimate of $205.4 million for the quarter.\nClover Health sees full fiscal year revenue coming in the range of $1.4 billion to $1.5 billion. The revenue guidance is ahead of an $811.5 million estimate from analysts.","news_type":1,"symbols_score_info":{"CLOV":0.9}},"isVote":1,"tweetType":1,"viewCount":3171,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":896406417,"gmtCreate":1628598968039,"gmtModify":1633745864338,"author":{"id":"3580216654548696","authorId":"3580216654548696","name":"yct","avatar":"https://static.tigerbbs.com/fc8d88e888d52a12790f96349bf44387","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3580216654548696","idStr":"3580216654548696"},"themes":[],"title":"","htmlText":"Wtf premarket","listText":"Wtf premarket","text":"Wtf premarket","images":[{"img":"https://static.tigerbbs.com/b31a3015f3809bd5c6297034555830ee","width":"1125","height":"3654"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/896406417","isVote":1,"tweetType":1,"viewCount":2981,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":896007680,"gmtCreate":1628526784440,"gmtModify":1631888806117,"author":{"id":"3580216654548696","authorId":"3580216654548696","name":"yct","avatar":"https://static.tigerbbs.com/fc8d88e888d52a12790f96349bf44387","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3580216654548696","idStr":"3580216654548696"},"themes":[],"title":"","htmlText":"<a target=\"_blank\" href=\"https://laohu8.com/S/RIDE\">$Lordstown Motors Corp.(RIDE)$</a> is clearly a scam lol","listText":"<a target=\"_blank\" href=\"https://laohu8.com/S/RIDE\">$Lordstown Motors Corp.(RIDE)$</a> is clearly a scam lol","text":"$Lordstown Motors Corp.(RIDE)$ is clearly a scam lol","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/896007680","repostId":"1143051031","repostType":4,"isVote":1,"tweetType":1,"viewCount":3216,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":898237600,"gmtCreate":1628499650600,"gmtModify":1633746654424,"author":{"id":"3580216654548696","authorId":"3580216654548696","name":"yct","avatar":"https://static.tigerbbs.com/fc8d88e888d52a12790f96349bf44387","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3580216654548696","idStr":"3580216654548696"},"themes":[],"title":"","htmlText":"Ah should’ve bought earlier","listText":"Ah should’ve bought earlier","text":"Ah should’ve bought earlier","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/898237600","repostId":"1190142555","repostType":4,"repost":{"id":"1190142555","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":1628497921,"share":"https://www.laohunote.com/m/news/1190142555?lang=zh_CN&edition=full","pubTime":"2021-08-09 16:32","market":"us","language":"en","title":"Microvast shares surged nearly 9% in premarket trading.<blockquote>Microvast 股价在盘前交易中飙升近 9%。</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1190142555","media":"Tiger Newspress","summary":"Heading into a new trading week,Microvast Holdings Inc.,AMC Entertainment Holdings Inc. and Clover Health Investments Corp. are among the stocks seeing the highest interest on Reddit’s r/WallStreetBets forum, as of Sunday night.Microvast’s shares rose more than 11% on Friday, extending gains to a third straight day amid high interest from retail investors after posters on the WSB forum were criticalof Morgan Stanley analyst Adam Jones’ bearish price target on the stock. A post on the WSB forum h","content":"<p>Microvast&nbsp;shares&nbsp;surged&nbsp;nearly&nbsp;9%&nbsp;in premarket&nbsp;trading.</p><p><blockquote>Microvast 股价在盘前交易中飙升近 9%。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/7f6978d9fc57cfaca436942717528ae3\" tg-width=\"1290\" tg-height=\"622\" referrerpolicy=\"no-referrer\">Heading into a new trading week,<b>Microvast Holdings Inc.</b>,<b>AMC Entertainment Holdings Inc.</b>&nbsp;and&nbsp;<b>Clover Health Investments Corp.</b>&nbsp;are among the stocks seeing the highest interest on Reddit’s r/WallStreetBets forum, as of Sunday night.</p><p><blockquote>进入新的交易周，<b>微观控股公司。</b>,<b>AMC院线控股公司。</b>和<b>三叶草健康投资公司。</b>截至周日晚，Reddit 的 r/WallStreetBets 论坛上关注度最高的股票之一。</blockquote></p><p> Microvast’s shares rose more than 11% on Friday, extending gains to a third straight day amid high interest from retail investors after posters on the WSB forum&nbsp;were criticalof Morgan Stanley analyst Adam Jones’ bearish price target on the stock. A&nbsp;post&nbsp;on the WSB forum has dubbed Microvast a “hidden gem.”</p><p><blockquote>Microvast 的股价周五上涨超过 11%，在 WSB 论坛上发帖批评摩根士丹利分析师亚当-琼斯（Adam Jones）对该股的看跌目标价后，散户投资者表现出浓厚的兴趣，连续第三天上涨。WSB 论坛上的一个帖子将 Microvast 称为 “隐藏的宝石”。</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>Microvast shares surged nearly 9% in premarket trading.<blockquote>Microvast 股价在盘前交易中飙升近 9%。</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\">\nMicrovast shares surged nearly 9% in premarket trading.<blockquote>Microvast 股价在盘前交易中飙升近 9%。</blockquote>\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time smaller\">2021-08-09 16:32</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>Microvast&nbsp;shares&nbsp;surged&nbsp;nearly&nbsp;9%&nbsp;in premarket&nbsp;trading.</p><p><blockquote>Microvast 股价在盘前交易中飙升近 9%。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/7f6978d9fc57cfaca436942717528ae3\" tg-width=\"1290\" tg-height=\"622\" referrerpolicy=\"no-referrer\">Heading into a new trading week,<b>Microvast Holdings Inc.</b>,<b>AMC Entertainment Holdings Inc.</b>&nbsp;and&nbsp;<b>Clover Health Investments Corp.</b>&nbsp;are among the stocks seeing the highest interest on Reddit’s r/WallStreetBets forum, as of Sunday night.</p><p><blockquote>进入新的交易周，<b>微观控股公司。</b>,<b>AMC院线控股公司。</b>和<b>三叶草健康投资公司。</b>截至周日晚，Reddit 的 r/WallStreetBets 论坛上关注度最高的股票之一。</blockquote></p><p> Microvast’s shares rose more than 11% on Friday, extending gains to a third straight day amid high interest from retail investors after posters on the WSB forum&nbsp;were criticalof Morgan Stanley analyst Adam Jones’ bearish price target on the stock. A&nbsp;post&nbsp;on the WSB forum has dubbed Microvast a “hidden gem.”</p><p><blockquote>Microvast 的股价周五上涨超过 11%，在 WSB 论坛上发帖批评摩根士丹利分析师亚当-琼斯（Adam Jones）对该股的看跌目标价后，散户投资者表现出浓厚的兴趣，连续第三天上涨。WSB 论坛上的一个帖子将 Microvast 称为 “隐藏的宝石”。</blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"MVST":"Microvast Holdings, Inc.","CLOV":"Clover Health Corp","AMC":"AMC院线"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1190142555","content_text":"Microvast shares surged nearly 9% in premarket trading.\nHeading into a new trading week,Microvast Holdings Inc.,AMC Entertainment Holdings Inc. and Clover Health Investments Corp. are among the stocks seeing the highest interest on Reddit’s r/WallStreetBets forum, as of Sunday night.\nMicrovast’s shares rose more than 11% on Friday, extending gains to a third straight day amid high interest from retail investors after posters on the WSB forum were criticalof Morgan Stanley analyst Adam Jones’ bearish price target on the stock. A post on the WSB forum has dubbed Microvast a “hidden gem.”","news_type":1,"symbols_score_info":{"AMC":0.9,"CLOV":0.9,"MVST":0.9}},"isVote":1,"tweetType":1,"viewCount":3827,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":807068470,"gmtCreate":1627989486990,"gmtModify":1633754617851,"author":{"id":"3580216654548696","authorId":"3580216654548696","name":"yct","avatar":"https://static.tigerbbs.com/fc8d88e888d52a12790f96349bf44387","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3580216654548696","idStr":"3580216654548696"},"themes":[],"title":"","htmlText":"Dead","listText":"Dead","text":"Dead","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/807068470","repostId":"2156211140","repostType":2,"isVote":1,"tweetType":1,"viewCount":2730,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":805601614,"gmtCreate":1627873234538,"gmtModify":1633755720936,"author":{"id":"3580216654548696","authorId":"3580216654548696","name":"yct","avatar":"https://static.tigerbbs.com/fc8d88e888d52a12790f96349bf44387","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3580216654548696","idStr":"3580216654548696"},"themes":[],"title":"","htmlText":"Like and comment","listText":"Like and comment","text":"Like and comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/805601614","repostId":"1170689665","repostType":4,"repost":{"id":"1170689665","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":1627857540,"share":"https://www.laohunote.com/m/news/1170689665?lang=zh_CN&edition=full","pubTime":"2021-08-02 06:39","market":"us","language":"en","title":"Alibaba,Uber, DraftKings, GM, Roku, EA, ViacomCBS, and Other Stocks for Investors to Watch This Week<blockquote>阿里巴巴、Uber、DraftKings、通用汽车、Roku、EA、维亚康姆哥伦比亚广播公司和其他投资者本周值得关注的股票</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1170689665","media":"Tiger Newspress","summary":"The parade of second-quarter results continues this week. No fewer than 143 S&P 500 companies are on deck to report, in addition to hundreds of small caps. Ferrari, Vornado Realty Trust, Take-Two Interactive Software, and Simon Property Group will get the ball rolling on Monday. Then Lyft, Alibaba Group Holding, Nikola, Under Armour, Eli Lilly, and ConocoPhillips release their results on Tuesday.Wednesday will be particularly busy:General Motors,Uber Technologies,Etsy,Electronic Arts,Western Dig","content":"<p>The parade of second-quarter results continues this week. No fewer than 143 S&amp;P 500 companies are on deck to report, in addition to hundreds of small caps. Ferrari, Vornado Realty Trust, Take-Two Interactive Software, and Simon Property Group will get the ball rolling on Monday. Then Lyft, Alibaba Group Holding, Nikola, Under Armour, Eli Lilly, and ConocoPhillips release their results on Tuesday.</p><p><blockquote>第二季度业绩游行本周继续。除了数百家小盘股公司外，还有不少于 143 家标普500公司正在提交报告。法拉利、Vornado Realty Trust、Take-Two Interactive Software 和 Simon Property Group 将于周一启动。随后，Lyft、阿里巴巴-SW集团控股公司、尼古拉、安德玛、礼来公司和康菲石油公司将于周二发布业绩。</blockquote></p><p> Wednesday will be particularly busy:General Motors,Uber Technologies,Etsy,Electronic Arts,Western Digital,Roku,CVS Health,Kraft Heinz, and SoftBank all report.Beyond Meat,Yelp,Wayfair, Moderna, and&nbsp;ViacomCBS&nbsp;go on Thursday and&nbsp;DraftKings,Canopy Growth,and Tripadvisor will close the week on Friday.Chinese Education Corporation&nbsp;New Oriental Education &amp; Technology Group Inc. and&nbsp;TAL Education Group&nbsp;cancels scheduled earnings release and earnings call.</p><p><blockquote>周三将特别繁忙：通用汽车、优步科技、Etsy、艺电、西部数据、Roku、CVS Health、卡夫亨氏和软银均有报道。Beyond Meat、Yelp、Wayfair、Moderna 和 ViacomCBS 将于周四关闭，DraftKings、Canopy Growth 和 Tripadvisor 将于周五关闭本周。中国教育公司新东方教育科技集团公司和好未来教育集团取消了原定的财报发布和财报看涨期权。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/94057bf11ca8d7311db6c075ba98727b\" tg-width=\"1706\" tg-height=\"740\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p> The highlight on the&nbsp;economic&nbsp;calendar this week will be Jobs Friday. The Bureau of Labor Statistics is expected to show a gain of 625,000 nonfarm payrolls in July, following June’s 850,000. The unemployment rate is seen holding just below 6%.</p><p><blockquote>本周经济日历上的亮点将是周五的就业。美国劳工统计局（Bureau of Labor Statistics）预计，继 6 月份的 85 万人之后，7 月份非农就业人数将增加 62.5 万人。失业率略低于6%。</blockquote></p><p> Other data out this week include the Institute for Supply Management’s Manufacturing Purchasing Managers’ Index for July on Monday, followed by the Services equivalent on Wednesday. Both measures of economic activity are forecast to come in at around 61, which would signify strong expansion.</p><p><blockquote>本周公布的其他数据包括周一公布的美国供应管理协会（Institute for Supply Management）7 月份制造业采购经理人指数，随后是周三公布的服务业同等指数。这两项经济活动指标预计都将达到 61 左右，这将意味着强劲的扩张。</blockquote></p><p> <b>Monday 8/2</b></p><p><blockquote><b>星期一 8/2</b></blockquote></p><p> CNA Financial,Global Payments,JELD-WEN Holding,Loews,Arista Networks,Leggett &amp; Platt,Vornado Realty Trust, ZoomInfo Technologies, Woodward, Take-Two Interactive Software, Heineken, Trex, Ferrari,Ultra Clean Holdings,and Simon Property Group are expected to release financial results.</p><p><blockquote>CNA Financial、Global Payments、JELD-WEN Holding、Loews、Arista Networks、Leggett &amp; Platt、Vornado Realty Trust、ZoomInfo Technologies、Woodward、Take-Two Interactive Software、Heineken、Trex、Ferrari、Ultra Clean Holdings 和 Simon Property Group 预计将发布财务业绩。</blockquote></p><p> GE stock&nbsp;will open for trading Monday at about $104 a share, after closing Friday at $12.95. The company completed its 1-for-8 reverse stock split Friday evening.</p><p><blockquote>通用电气股票周一开盘价约为每股 104 美元，周五收盘价为 12.95 美元。该公司于周五晚上完成了 1 比 8 的反向股票分割。</blockquote></p><p> <b>The Institute for Supply</b>&nbsp;Management releases its Manufacturing Purchasing Managers’ Index for July. Consensus estimate is for a 60.8 reading, up from 60.6 in June.</p><p><blockquote><b>供应研究所</b>管理层发布 7 月份制造业采购经理人指数。普遍估计读数为 60.8，高于 6 月份的 60.6。</blockquote></p><p> <b>The Census Bureau</b>&nbsp;reports construction spending for June. Expectations are for a 0.4% month-over-month rise, after a 0.3% decline in May.</p><p><blockquote><b>人口普查局</b>报告6月份的建筑支出。继 5 月份下降 0.3% 后，预计环比增长 0.4%。</blockquote></p><p> <b>Tuesday 8/3</b></p><p><blockquote><b>星期二 8/3</b></blockquote></p><p> Eaton, BP, Under Armour, Lyft,Clorox,Amgen,Akamai Technologies,Cummins, Eli Lilly, Alibaba Group Holding, Nikola, EnPro Industries,Warner Music Group,Pitney Bowes,Tennant,Phillips 66,KKR,Gartner,Henry Schein,Dun &amp; Bradstreet Holdings,ConocoPhillips, and&nbsp;Jacobs Engineering Grouphost conference calls to discuss financial results.</p><p><blockquote>伊顿、英国石油公司、安德玛、Lyft、高乐氏、安进、Akamai Technologies、康明斯、礼来公司、阿里巴巴-SW集团控股公司、Nikola、EnPro Industries、华纳音乐集团、Pitney Bowes、Tennant、Phillips 66、KKR、Gartner、Henry Schein、邓白氏控股公司、康菲石油公司和 Jacobs Engineering Group 在评级举办会议讨论财务业绩。</blockquote></p><p> <b>The Census Bureau</b>&nbsp;is slated to report factory orders for June. Economists predict that orders increased 1.0% during the month, compared with a 1.7% rise in May.</p><p><blockquote><b>人口普查局</b>预计将报告六月份的工厂订单。经济学家预测，本月订单增长1.0%，而5月份增长1.7%。</blockquote></p><p> <b>Wednesday 8/4</b></p><p><blockquote><b>星期三 8/4</b></blockquote></p><p> Sony Group,CVS Health, Kraft Heinz, SoftBank, General Motors, Progressive, Etsy, Electronic Arts, Western Digital, Uber Technologies, Roku,MGM Resorts International,Fox, and Re/Max Holdings are expected to host earnings calls.</p><p><blockquote>索尼集团、CVS Health、卡夫亨氏、软银、通用汽车、Progressive、Etsy、艺电、西部数据、Uber Technologies、Roku、米高梅国际酒店集团、福克斯和 Re/Max Holdings 预计将主办财报评级。</blockquote></p><p> <b>The Bureau of Economic</b>&nbsp;Analysis reports light-vehicle sales for July. Expectations call for a seasonally adjusted annual rate of 15.3 million vehicles, versus 15.4 million in June.</p><p><blockquote><b>经济局</b>分析报告 7 月份轻型汽车销量。预计看涨期权经季节性调整后的年增长率为 1530 万辆，而 6 月份为 1540 万辆。</blockquote></p><p> <b>The ISM releases</b>&nbsp;its Services PMI for July. Consensus estimate is for a 60.8 reading, compared with June’s 60.1.</p><p><blockquote><b>ISM发布</b>7月份服务业采购经理人指数。一致估计读数为 60.8，而 6 月份的读数为 60.1。</blockquote></p><p> <b>ADP releases</b>&nbsp;its National Employment report for July. Consensus estimate is for a 635,000 gain in nonfarm private-sector employment, following an increase of 692,000 in June.</p><p><blockquote><b>ADP释放</b>其7月份的全国就业报告。普遍估计，继 6 月份增加 692,000 人之后，非农私营部门就业人数将增加 635,000 人。</blockquote></p><p> <b>Thursday 8/5</b></p><p><blockquote><b>星期四 8/5</b></blockquote></p><p> Zillow Group,Beyond Meat, Yelp, Wayfair, Kellogg,Bayer,HanesBrands, Moderna,Regeneron Pharmaceuticals,Switch,Cushman &amp; Wakefield,ViacomCBS,Cigna,Duke Energy,Square,News Corp,and&nbsp;Siemensare expected to report financial results.</p><p><blockquote>Zillow Group、Beyond Meat、Yelp、Wayfair、Kellogg、Bayer、HanesBrands、Moderna、Regeneron Pharmaceuticals、Switch、Cushman &amp; Wakefield、ViacomCBS、Cigna、Duke Energy、Square、新闻集团和西门子预计将公布财务业绩。</blockquote></p><p> Friday 8/6</p><p><blockquote>星期五 8/6</blockquote></p><p> <b>The BLS releases the jobs report</b>&nbsp;for July. Economists forecast a 800,000 rise in nonfarm payrolls, after an 850,000 gain in June. The unemployment rate is expected to edge down to 5.8% from 5.9%.</p><p><blockquote><b>BLS 发布就业报告</b>七月。经济学家预测，继6月份增加85万人之后，非农就业人数将增加80万人。失业率预计将从5.9%小幅降至5.8%。</blockquote></p><p> DraftKings,Dominion Energy,Gannett,MGM Growth Properties,AMC Networks,Canopy Growth, Tripadvisor,Spectrum Brands Holdings,E.W. Scripps,Cinemark Holdings, and Manitowoc host conference calls to discuss financial results.</p><p><blockquote>DraftKings、Dominion Energy、Gannett、MGM Growth Properties、AMC Networks、Canopy Growth、Tripadvisor、Spectrum Brands Holdings、E.W。Scripps、Cinemark Holdings 和 Manitowoc 主办评级会议讨论财务业绩。</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>Alibaba,Uber, DraftKings, GM, Roku, EA, ViacomCBS, and Other Stocks for Investors to Watch This Week<blockquote>阿里巴巴、Uber、DraftKings、通用汽车、Roku、EA、维亚康姆哥伦比亚广播公司和其他投资者本周值得关注的股票</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAlibaba,Uber, DraftKings, GM, Roku, EA, ViacomCBS, and Other Stocks for Investors to Watch This Week<blockquote>阿里巴巴、Uber、DraftKings、通用汽车、Roku、EA、维亚康姆哥伦比亚广播公司和其他投资者本周值得关注的股票</blockquote>\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time smaller\">2021-08-02 06:39</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>The parade of second-quarter results continues this week. No fewer than 143 S&amp;P 500 companies are on deck to report, in addition to hundreds of small caps. Ferrari, Vornado Realty Trust, Take-Two Interactive Software, and Simon Property Group will get the ball rolling on Monday. Then Lyft, Alibaba Group Holding, Nikola, Under Armour, Eli Lilly, and ConocoPhillips release their results on Tuesday.</p><p><blockquote>第二季度业绩游行本周继续。除了数百家小盘股公司外，还有不少于 143 家标普500公司正在提交报告。法拉利、Vornado Realty Trust、Take-Two Interactive Software 和 Simon Property Group 将于周一启动。随后，Lyft、阿里巴巴-SW集团控股公司、尼古拉、安德玛、礼来公司和康菲石油公司将于周二发布业绩。</blockquote></p><p> Wednesday will be particularly busy:General Motors,Uber Technologies,Etsy,Electronic Arts,Western Digital,Roku,CVS Health,Kraft Heinz, and SoftBank all report.Beyond Meat,Yelp,Wayfair, Moderna, and&nbsp;ViacomCBS&nbsp;go on Thursday and&nbsp;DraftKings,Canopy Growth,and Tripadvisor will close the week on Friday.Chinese Education Corporation&nbsp;New Oriental Education &amp; Technology Group Inc. and&nbsp;TAL Education Group&nbsp;cancels scheduled earnings release and earnings call.</p><p><blockquote>周三将特别繁忙：通用汽车、优步科技、Etsy、艺电、西部数据、Roku、CVS Health、卡夫亨氏和软银均有报道。Beyond Meat、Yelp、Wayfair、Moderna 和 ViacomCBS 将于周四关闭，DraftKings、Canopy Growth 和 Tripadvisor 将于周五关闭本周。中国教育公司新东方教育科技集团公司和好未来教育集团取消了原定的财报发布和财报看涨期权。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/94057bf11ca8d7311db6c075ba98727b\" tg-width=\"1706\" tg-height=\"740\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p> The highlight on the&nbsp;economic&nbsp;calendar this week will be Jobs Friday. The Bureau of Labor Statistics is expected to show a gain of 625,000 nonfarm payrolls in July, following June’s 850,000. The unemployment rate is seen holding just below 6%.</p><p><blockquote>本周经济日历上的亮点将是周五的就业。美国劳工统计局（Bureau of Labor Statistics）预计，继 6 月份的 85 万人之后，7 月份非农就业人数将增加 62.5 万人。失业率略低于6%。</blockquote></p><p> Other data out this week include the Institute for Supply Management’s Manufacturing Purchasing Managers’ Index for July on Monday, followed by the Services equivalent on Wednesday. Both measures of economic activity are forecast to come in at around 61, which would signify strong expansion.</p><p><blockquote>本周公布的其他数据包括周一公布的美国供应管理协会（Institute for Supply Management）7 月份制造业采购经理人指数，随后是周三公布的服务业同等指数。这两项经济活动指标预计都将达到 61 左右，这将意味着强劲的扩张。</blockquote></p><p> <b>Monday 8/2</b></p><p><blockquote><b>星期一 8/2</b></blockquote></p><p> CNA Financial,Global Payments,JELD-WEN Holding,Loews,Arista Networks,Leggett &amp; Platt,Vornado Realty Trust, ZoomInfo Technologies, Woodward, Take-Two Interactive Software, Heineken, Trex, Ferrari,Ultra Clean Holdings,and Simon Property Group are expected to release financial results.</p><p><blockquote>CNA Financial、Global Payments、JELD-WEN Holding、Loews、Arista Networks、Leggett &amp; Platt、Vornado Realty Trust、ZoomInfo Technologies、Woodward、Take-Two Interactive Software、Heineken、Trex、Ferrari、Ultra Clean Holdings 和 Simon Property Group 预计将发布财务业绩。</blockquote></p><p> GE stock&nbsp;will open for trading Monday at about $104 a share, after closing Friday at $12.95. The company completed its 1-for-8 reverse stock split Friday evening.</p><p><blockquote>通用电气股票周一开盘价约为每股 104 美元，周五收盘价为 12.95 美元。该公司于周五晚上完成了 1 比 8 的反向股票分割。</blockquote></p><p> <b>The Institute for Supply</b>&nbsp;Management releases its Manufacturing Purchasing Managers’ Index for July. Consensus estimate is for a 60.8 reading, up from 60.6 in June.</p><p><blockquote><b>供应研究所</b>管理层发布 7 月份制造业采购经理人指数。普遍估计读数为 60.8，高于 6 月份的 60.6。</blockquote></p><p> <b>The Census Bureau</b>&nbsp;reports construction spending for June. Expectations are for a 0.4% month-over-month rise, after a 0.3% decline in May.</p><p><blockquote><b>人口普查局</b>报告6月份的建筑支出。继 5 月份下降 0.3% 后，预计环比增长 0.4%。</blockquote></p><p> <b>Tuesday 8/3</b></p><p><blockquote><b>星期二 8/3</b></blockquote></p><p> Eaton, BP, Under Armour, Lyft,Clorox,Amgen,Akamai Technologies,Cummins, Eli Lilly, Alibaba Group Holding, Nikola, EnPro Industries,Warner Music Group,Pitney Bowes,Tennant,Phillips 66,KKR,Gartner,Henry Schein,Dun &amp; Bradstreet Holdings,ConocoPhillips, and&nbsp;Jacobs Engineering Grouphost conference calls to discuss financial results.</p><p><blockquote>伊顿、英国石油公司、安德玛、Lyft、高乐氏、安进、Akamai Technologies、康明斯、礼来公司、阿里巴巴-SW集团控股公司、Nikola、EnPro Industries、华纳音乐集团、Pitney Bowes、Tennant、Phillips 66、KKR、Gartner、Henry Schein、邓白氏控股公司、康菲石油公司和 Jacobs Engineering Group 在评级举办会议讨论财务业绩。</blockquote></p><p> <b>The Census Bureau</b>&nbsp;is slated to report factory orders for June. Economists predict that orders increased 1.0% during the month, compared with a 1.7% rise in May.</p><p><blockquote><b>人口普查局</b>预计将报告六月份的工厂订单。经济学家预测，本月订单增长1.0%，而5月份增长1.7%。</blockquote></p><p> <b>Wednesday 8/4</b></p><p><blockquote><b>星期三 8/4</b></blockquote></p><p> Sony Group,CVS Health, Kraft Heinz, SoftBank, General Motors, Progressive, Etsy, Electronic Arts, Western Digital, Uber Technologies, Roku,MGM Resorts International,Fox, and Re/Max Holdings are expected to host earnings calls.</p><p><blockquote>索尼集团、CVS Health、卡夫亨氏、软银、通用汽车、Progressive、Etsy、艺电、西部数据、Uber Technologies、Roku、米高梅国际酒店集团、福克斯和 Re/Max Holdings 预计将主办财报评级。</blockquote></p><p> <b>The Bureau of Economic</b>&nbsp;Analysis reports light-vehicle sales for July. Expectations call for a seasonally adjusted annual rate of 15.3 million vehicles, versus 15.4 million in June.</p><p><blockquote><b>经济局</b>分析报告 7 月份轻型汽车销量。预计看涨期权经季节性调整后的年增长率为 1530 万辆，而 6 月份为 1540 万辆。</blockquote></p><p> <b>The ISM releases</b>&nbsp;its Services PMI for July. Consensus estimate is for a 60.8 reading, compared with June’s 60.1.</p><p><blockquote><b>ISM发布</b>7月份服务业采购经理人指数。一致估计读数为 60.8，而 6 月份的读数为 60.1。</blockquote></p><p> <b>ADP releases</b>&nbsp;its National Employment report for July. Consensus estimate is for a 635,000 gain in nonfarm private-sector employment, following an increase of 692,000 in June.</p><p><blockquote><b>ADP释放</b>其7月份的全国就业报告。普遍估计，继 6 月份增加 692,000 人之后，非农私营部门就业人数将增加 635,000 人。</blockquote></p><p> <b>Thursday 8/5</b></p><p><blockquote><b>星期四 8/5</b></blockquote></p><p> Zillow Group,Beyond Meat, Yelp, Wayfair, Kellogg,Bayer,HanesBrands, Moderna,Regeneron Pharmaceuticals,Switch,Cushman &amp; Wakefield,ViacomCBS,Cigna,Duke Energy,Square,News Corp,and&nbsp;Siemensare expected to report financial results.</p><p><blockquote>Zillow Group、Beyond Meat、Yelp、Wayfair、Kellogg、Bayer、HanesBrands、Moderna、Regeneron Pharmaceuticals、Switch、Cushman &amp; Wakefield、ViacomCBS、Cigna、Duke Energy、Square、新闻集团和西门子预计将公布财务业绩。</blockquote></p><p> Friday 8/6</p><p><blockquote>星期五 8/6</blockquote></p><p> <b>The BLS releases the jobs report</b>&nbsp;for July. Economists forecast a 800,000 rise in nonfarm payrolls, after an 850,000 gain in June. The unemployment rate is expected to edge down to 5.8% from 5.9%.</p><p><blockquote><b>BLS 发布就业报告</b>七月。经济学家预测，继6月份增加85万人之后，非农就业人数将增加80万人。失业率预计将从5.9%小幅降至5.8%。</blockquote></p><p> DraftKings,Dominion Energy,Gannett,MGM Growth Properties,AMC Networks,Canopy Growth, Tripadvisor,Spectrum Brands Holdings,E.W. Scripps,Cinemark Holdings, and Manitowoc host conference calls to discuss financial results.</p><p><blockquote>DraftKings、Dominion Energy、Gannett、MGM Growth Properties、AMC Networks、Canopy Growth、Tripadvisor、Spectrum Brands Holdings、E.W。Scripps、Cinemark Holdings 和 Manitowoc 主办评级会议讨论财务业绩。</blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GE":"GE航空航天","UBER":"优步",".IXIC":"NASDAQ Composite","ROKU":"Roku Inc",".DJI":"道琼斯","DKNG":"DraftKings Inc.",".SPX":"S&P 500 Index","EA":"艺电","BABA":"阿里巴巴","GM":"通用汽车"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1170689665","content_text":"The parade of second-quarter results continues this week. No fewer than 143 S&P 500 companies are on deck to report, in addition to hundreds of small caps. Ferrari, Vornado Realty Trust, Take-Two Interactive Software, and Simon Property Group will get the ball rolling on Monday. Then Lyft, Alibaba Group Holding, Nikola, Under Armour, Eli Lilly, and ConocoPhillips release their results on Tuesday.\nWednesday will be particularly busy:General Motors,Uber Technologies,Etsy,Electronic Arts,Western Digital,Roku,CVS Health,Kraft Heinz, and SoftBank all report.Beyond Meat,Yelp,Wayfair, Moderna, and ViacomCBS go on Thursday and DraftKings,Canopy Growth,and Tripadvisor will close the week on Friday.Chinese Education Corporation New Oriental Education & Technology Group Inc. and TAL Education Group cancels scheduled earnings release and earnings call.\n\nThe highlight on the economic calendar this week will be Jobs Friday. The Bureau of Labor Statistics is expected to show a gain of 625,000 nonfarm payrolls in July, following June’s 850,000. The unemployment rate is seen holding just below 6%.\nOther data out this week include the Institute for Supply Management’s Manufacturing Purchasing Managers’ Index for July on Monday, followed by the Services equivalent on Wednesday. Both measures of economic activity are forecast to come in at around 61, which would signify strong expansion.\nMonday 8/2\nCNA Financial,Global Payments,JELD-WEN Holding,Loews,Arista Networks,Leggett & Platt,Vornado Realty Trust, ZoomInfo Technologies, Woodward, Take-Two Interactive Software, Heineken, Trex, Ferrari,Ultra Clean Holdings,and Simon Property Group are expected to release financial results.\nGE stock will open for trading Monday at about $104 a share, after closing Friday at $12.95. The company completed its 1-for-8 reverse stock split Friday evening.\nThe Institute for Supply Management releases its Manufacturing Purchasing Managers’ Index for July. Consensus estimate is for a 60.8 reading, up from 60.6 in June.\nThe Census Bureau reports construction spending for June. Expectations are for a 0.4% month-over-month rise, after a 0.3% decline in May.\nTuesday 8/3\nEaton, BP, Under Armour, Lyft,Clorox,Amgen,Akamai Technologies,Cummins, Eli Lilly, Alibaba Group Holding, Nikola, EnPro Industries,Warner Music Group,Pitney Bowes,Tennant,Phillips 66,KKR,Gartner,Henry Schein,Dun & Bradstreet Holdings,ConocoPhillips, and Jacobs Engineering Grouphost conference calls to discuss financial results.\nThe Census Bureau is slated to report factory orders for June. Economists predict that orders increased 1.0% during the month, compared with a 1.7% rise in May.\nWednesday 8/4\nSony Group,CVS Health, Kraft Heinz, SoftBank, General Motors, Progressive, Etsy, Electronic Arts, Western Digital, Uber Technologies, Roku,MGM Resorts International,Fox, and Re/Max Holdings are expected to host earnings calls.\nThe Bureau of Economic Analysis reports light-vehicle sales for July. Expectations call for a seasonally adjusted annual rate of 15.3 million vehicles, versus 15.4 million in June.\nThe ISM releases its Services PMI for July. Consensus estimate is for a 60.8 reading, compared with June’s 60.1.\nADP releases its National Employment report for July. Consensus estimate is for a 635,000 gain in nonfarm private-sector employment, following an increase of 692,000 in June.\nThursday 8/5\nZillow Group,Beyond Meat, Yelp, Wayfair, Kellogg,Bayer,HanesBrands, Moderna,Regeneron Pharmaceuticals,Switch,Cushman & Wakefield,ViacomCBS,Cigna,Duke Energy,Square,News Corp,and Siemensare expected to report financial results.\nFriday 8/6\nThe BLS releases the jobs report for July. Economists forecast a 800,000 rise in nonfarm payrolls, after an 850,000 gain in June. The unemployment rate is expected to edge down to 5.8% from 5.9%.\nDraftKings,Dominion Energy,Gannett,MGM Growth Properties,AMC Networks,Canopy Growth, Tripadvisor,Spectrum Brands Holdings,E.W. Scripps,Cinemark Holdings, and Manitowoc host conference calls to discuss financial results.","news_type":1,"symbols_score_info":{"EA":0.9,".IXIC":0.9,"VIAC":0.9,".SPX":0.9,"DKNG":0.9,"GE":0.9,"GM":0.9,"ROKU":0.9,"UBER":0.9,"BABA":0.9,".DJI":0.9}},"isVote":1,"tweetType":1,"viewCount":3382,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":806218713,"gmtCreate":1627657417532,"gmtModify":1633757337571,"author":{"id":"3580216654548696","authorId":"3580216654548696","name":"yct","avatar":"https://static.tigerbbs.com/fc8d88e888d52a12790f96349bf44387","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3580216654548696","idStr":"3580216654548696"},"themes":[],"title":"","htmlText":"Great writeup","listText":"Great writeup","text":"Great writeup","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/806218713","repostId":"1166392380","repostType":4,"isVote":1,"tweetType":1,"viewCount":2775,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":806218126,"gmtCreate":1627657399165,"gmtModify":1633757338177,"author":{"id":"3580216654548696","authorId":"3580216654548696","name":"yct","avatar":"https://static.tigerbbs.com/fc8d88e888d52a12790f96349bf44387","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3580216654548696","idStr":"3580216654548696"},"themes":[],"title":"","htmlText":"Great writeup","listText":"Great writeup","text":"Great writeup","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/806218126","repostId":"1166392380","repostType":4,"isVote":1,"tweetType":1,"viewCount":784,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":806047094,"gmtCreate":1627620359718,"gmtModify":1633757688030,"author":{"id":"3580216654548696","authorId":"3580216654548696","name":"yct","avatar":"https://static.tigerbbs.com/fc8d88e888d52a12790f96349bf44387","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3580216654548696","idStr":"3580216654548696"},"themes":[],"title":"","htmlText":"Killed her character then stole her money","listText":"Killed her character then stole her money","text":"Killed her character then stole her money","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/806047094","repostId":"1143464178","repostType":4,"repost":{"id":"1143464178","kind":"news","pubTimestamp":1627611398,"share":"https://www.laohunote.com/m/news/1143464178?lang=zh_CN&edition=full","pubTime":"2021-07-30 10:16","market":"us","language":"en","title":"Why ‘Black Widow’ Star Scarlett Johansson Sued Disney<blockquote>《黑寡妇》主演斯嘉丽-约翰逊为何起诉迪士尼</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1143464178","media":"Barrons","summary":"Scarlett Johansson, the star of Marvel’s “Black Widow,” sued Disney for breach of contract over the ","content":"<p>Scarlett Johansson, the star of Marvel’s “Black Widow,” sued Disney for breach of contract over the release of the film on the media giant’s streaming service at the same time as its debut in theaters earlier this month.</p><p><blockquote>漫威电影《黑寡妇》的主演斯嘉丽-约翰逊（Scarlett Johansson）起诉迪斯尼公司，指控其违约，原因是该片在本月早些时候上映的同时，在这家媒体巨头的流媒体服务上发行。</blockquote></p><p> The lawsuit, filed in Los Angeles Superior Court on Thursday, says Johansson’s agreement with Disney ‘s Marvel Entertainment guaranteed an exclusive release in theaters, with a salary tied to the box-office performance. The Wall Street Journal reported that the lawsuit accused Disney of “intentionally” inducing the breach “without justification, in order to prevent Ms. Johansson from realizing the full benefit of her bargain with Marvel.”</p><p><blockquote>周四向洛杉矶高等法院提起的诉讼称，约翰逊与迪士尼旗下漫威娱乐公司达成的协议保证了影片在影院的独家上映，片酬与票房表现挂钩。据《华尔街日报》报道，该诉讼指控迪士尼 “故意 ”无故诱导违规，以阻止约翰逊女士实现与漫威交易的全部好处 ”。</blockquote></p><p> A Disney spokesman told the Journal the lawsuit had no merit, and added it was “especially sad and distressing in its callous disregard for the horrific and prolonged global effects of the Covid-19 pandemic.” Disney has “fully complied” with her contract, and Johansson has received $20 million in compensation so far, the spokesman said.</p><p><blockquote>迪士尼发言人告诉《华尔街日报》，这起诉讼毫无根据，并补充说，这起诉讼 “尤其令人悲哀和痛心，因为它冷酷无情地无视了 Covid-19 大流行病造成的可怕而持久的全球影响”。发言人说，迪斯尼 “完全遵守 ”了她的合同，约翰逊迄今已获得 2000 万美元的赔偿。</blockquote></p><p> The lawsuit could be a trendsetter in the entertainment business. Movie-theater chains have been trying to climb back after months of pandemic-forced shutdowns last year, only to confront decisions by major studios to release new films on their own streaming operations in addition to traditional theaters. The emphasis on streaming also has ramifications for actors and producers, the Journal reported. Johansson’s claim basically says Disney’s release on streaming, for $30, ate into the movie’s box-office sales. The movie, delayed a year because of the pandemic, took in $80 million in North America on its first weekend. The total was $215 million including international theaters and streaming, but ticket sales dropped off quickly after that, according to the Associated Press.</p><p><blockquote>这起诉讼可能会成为娱乐业的潮流引领者。在去年大流行被迫关闭数月后，连锁影院一直在努力恢复元气，却遭遇了主要制片厂在传统影院之外通过自己的流媒体业务发行新电影的决定。据《华尔街日报》报道，对流媒体的重视也对演员和制片人产生了影响。约翰逊的说法基本上是说，迪士尼以 30 美元的价格在流媒体上发行，蚕食了这部电影的票房。这部电影因为疫情推迟了一年，在北美上映的第一个周末就获得了8000万美元的票房。据美联社报道，包括国际影院和流媒体在内的总票房为 2.15 亿美元，但此后门票销售迅速下降。</blockquote></p><p> In the past year, Disney through its Disney+ platform, AT&amp;T ‘s WarnerMedia through HBOMax, and Comcast through its Peacock platform have hosted major movie releases alongside theatrical premieres. The moves helped the media giants build their bases of streaming users, but they also were intended to ensure there were audiences for new releases, given that theaters were either shut down or had capacity limits. Many theaters have since reopened, but the streaming wars continue. Comcast’s NBCUniversal released “The Boss Baby: Family Business” earlier this month on its Peacock platform and in theaters.</p><p><blockquote>在过去的一年里，迪士尼通过其Disney+平台，美国电话电报公司的华纳媒体通过HBOMax，康卡斯特通过其孔雀平台在影院首映的同时举办了大型电影发行。这些举措帮助媒体巨头建立了流媒体用户群，但考虑到影院要么关闭，要么有容量限制，它们也是为了确保新上映的电影有观众。许多影院已经重新开放，但流媒体大战仍在继续。康卡斯特旗下的 NBCUniversal 本月早些时候在其孔雀平台和影院上映了《老板宝贝： 家族企业》。</blockquote></p><p> Representatives for Johansson tried to renegotiate her contract after hearing about plans to release “Black Widow” simultaneously, the lawsuit said. The Journal reported it could cost the actor more than $50 million, citing a person familiar with her contract. Disney shares were flat Thursday, at $179.</p><p><blockquote>诉讼称，约翰逊的代表在听说了同时上映《黑寡妇》的计划后，试图重新谈判她的合同。《华尔街日报》援引一位熟悉她合同的人士的话报道称，这可能会花费这位演员超过5000万美元。迪士尼股价周四持平，至 179 美元。</blockquote></p><p></p>","source":"lsy1601382232898","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Why ‘Black Widow’ Star Scarlett Johansson Sued Disney<blockquote>《黑寡妇》主演斯嘉丽-约翰逊为何起诉迪士尼</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhy ‘Black Widow’ Star Scarlett Johansson Sued Disney<blockquote>《黑寡妇》主演斯嘉丽-约翰逊为何起诉迪士尼</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Barrons</strong><span class=\"h-time small\">2021-07-30 10:16</span>\n</p>\n</h4>\n</header>\n<article>\n<p>Scarlett Johansson, the star of Marvel’s “Black Widow,” sued Disney for breach of contract over the release of the film on the media giant’s streaming service at the same time as its debut in theaters earlier this month.</p><p><blockquote>漫威电影《黑寡妇》的主演斯嘉丽-约翰逊（Scarlett Johansson）起诉迪斯尼公司，指控其违约，原因是该片在本月早些时候上映的同时，在这家媒体巨头的流媒体服务上发行。</blockquote></p><p> The lawsuit, filed in Los Angeles Superior Court on Thursday, says Johansson’s agreement with Disney ‘s Marvel Entertainment guaranteed an exclusive release in theaters, with a salary tied to the box-office performance. The Wall Street Journal reported that the lawsuit accused Disney of “intentionally” inducing the breach “without justification, in order to prevent Ms. Johansson from realizing the full benefit of her bargain with Marvel.”</p><p><blockquote>周四向洛杉矶高等法院提起的诉讼称，约翰逊与迪士尼旗下漫威娱乐公司达成的协议保证了影片在影院的独家上映，片酬与票房表现挂钩。据《华尔街日报》报道，该诉讼指控迪士尼 “故意 ”无故诱导违规，以阻止约翰逊女士实现与漫威交易的全部好处 ”。</blockquote></p><p> A Disney spokesman told the Journal the lawsuit had no merit, and added it was “especially sad and distressing in its callous disregard for the horrific and prolonged global effects of the Covid-19 pandemic.” Disney has “fully complied” with her contract, and Johansson has received $20 million in compensation so far, the spokesman said.</p><p><blockquote>迪士尼发言人告诉《华尔街日报》，这起诉讼毫无根据，并补充说，这起诉讼 “尤其令人悲哀和痛心，因为它冷酷无情地无视了 Covid-19 大流行病造成的可怕而持久的全球影响”。发言人说，迪斯尼 “完全遵守 ”了她的合同，约翰逊迄今已获得 2000 万美元的赔偿。</blockquote></p><p> The lawsuit could be a trendsetter in the entertainment business. Movie-theater chains have been trying to climb back after months of pandemic-forced shutdowns last year, only to confront decisions by major studios to release new films on their own streaming operations in addition to traditional theaters. The emphasis on streaming also has ramifications for actors and producers, the Journal reported. Johansson’s claim basically says Disney’s release on streaming, for $30, ate into the movie’s box-office sales. The movie, delayed a year because of the pandemic, took in $80 million in North America on its first weekend. The total was $215 million including international theaters and streaming, but ticket sales dropped off quickly after that, according to the Associated Press.</p><p><blockquote>这起诉讼可能会成为娱乐业的潮流引领者。在去年大流行被迫关闭数月后，连锁影院一直在努力恢复元气，却遭遇了主要制片厂在传统影院之外通过自己的流媒体业务发行新电影的决定。据《华尔街日报》报道，对流媒体的重视也对演员和制片人产生了影响。约翰逊的说法基本上是说，迪士尼以 30 美元的价格在流媒体上发行，蚕食了这部电影的票房。这部电影因为疫情推迟了一年，在北美上映的第一个周末就获得了8000万美元的票房。据美联社报道，包括国际影院和流媒体在内的总票房为 2.15 亿美元，但此后门票销售迅速下降。</blockquote></p><p> In the past year, Disney through its Disney+ platform, AT&amp;T ‘s WarnerMedia through HBOMax, and Comcast through its Peacock platform have hosted major movie releases alongside theatrical premieres. The moves helped the media giants build their bases of streaming users, but they also were intended to ensure there were audiences for new releases, given that theaters were either shut down or had capacity limits. Many theaters have since reopened, but the streaming wars continue. Comcast’s NBCUniversal released “The Boss Baby: Family Business” earlier this month on its Peacock platform and in theaters.</p><p><blockquote>在过去的一年里，迪士尼通过其Disney+平台，美国电话电报公司的华纳媒体通过HBOMax，康卡斯特通过其孔雀平台在影院首映的同时举办了大型电影发行。这些举措帮助媒体巨头建立了流媒体用户群，但考虑到影院要么关闭，要么有容量限制，它们也是为了确保新上映的电影有观众。许多影院已经重新开放，但流媒体大战仍在继续。康卡斯特旗下的 NBCUniversal 本月早些时候在其孔雀平台和影院上映了《老板宝贝： 家族企业》。</blockquote></p><p> Representatives for Johansson tried to renegotiate her contract after hearing about plans to release “Black Widow” simultaneously, the lawsuit said. The Journal reported it could cost the actor more than $50 million, citing a person familiar with her contract. Disney shares were flat Thursday, at $179.</p><p><blockquote>诉讼称，约翰逊的代表在听说了同时上映《黑寡妇》的计划后，试图重新谈判她的合同。《华尔街日报》援引一位熟悉她合同的人士的话报道称，这可能会花费这位演员超过5000万美元。迪士尼股价周四持平，至 179 美元。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.barrons.com/articles/black-widow-scarlett-johansson-sues-disney-51627588988?mod=hp_LEADSUPP_2\">Barrons</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"DIS":"迪士尼"},"source_url":"https://www.barrons.com/articles/black-widow-scarlett-johansson-sues-disney-51627588988?mod=hp_LEADSUPP_2","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1143464178","content_text":"Scarlett Johansson, the star of Marvel’s “Black Widow,” sued Disney for breach of contract over the release of the film on the media giant’s streaming service at the same time as its debut in theaters earlier this month.\nThe lawsuit, filed in Los Angeles Superior Court on Thursday, says Johansson’s agreement with Disney ‘s Marvel Entertainment guaranteed an exclusive release in theaters, with a salary tied to the box-office performance. The Wall Street Journal reported that the lawsuit accused Disney of “intentionally” inducing the breach “without justification, in order to prevent Ms. Johansson from realizing the full benefit of her bargain with Marvel.”\nA Disney spokesman told the Journal the lawsuit had no merit, and added it was “especially sad and distressing in its callous disregard for the horrific and prolonged global effects of the Covid-19 pandemic.” Disney has “fully complied” with her contract, and Johansson has received $20 million in compensation so far, the spokesman said.\nThe lawsuit could be a trendsetter in the entertainment business. Movie-theater chains have been trying to climb back after months of pandemic-forced shutdowns last year, only to confront decisions by major studios to release new films on their own streaming operations in addition to traditional theaters. The emphasis on streaming also has ramifications for actors and producers, the Journal reported. Johansson’s claim basically says Disney’s release on streaming, for $30, ate into the movie’s box-office sales. The movie, delayed a year because of the pandemic, took in $80 million in North America on its first weekend. The total was $215 million including international theaters and streaming, but ticket sales dropped off quickly after that, according to the Associated Press.\nIn the past year, Disney through its Disney+ platform, AT&T ‘s WarnerMedia through HBOMax, and Comcast through its Peacock platform have hosted major movie releases alongside theatrical premieres. The moves helped the media giants build their bases of streaming users, but they also were intended to ensure there were audiences for new releases, given that theaters were either shut down or had capacity limits. Many theaters have since reopened, but the streaming wars continue. Comcast’s NBCUniversal released “The Boss Baby: Family Business” earlier this month on its Peacock platform and in theaters.\nRepresentatives for Johansson tried to renegotiate her contract after hearing about plans to release “Black Widow” simultaneously, the lawsuit said. The Journal reported it could cost the actor more than $50 million, citing a person familiar with her contract. Disney shares were flat Thursday, at $179.","news_type":1,"symbols_score_info":{"DIS":0.9}},"isVote":1,"tweetType":1,"viewCount":855,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":801729928,"gmtCreate":1627536325064,"gmtModify":1633764002480,"author":{"id":"3580216654548696","authorId":"3580216654548696","name":"yct","avatar":"https://static.tigerbbs.com/fc8d88e888d52a12790f96349bf44387","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3580216654548696","idStr":"3580216654548696"},"themes":[],"title":"","htmlText":"🚀","listText":"🚀","text":"🚀","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/801729928","repostId":"1186100131","repostType":4,"isVote":1,"tweetType":1,"viewCount":1144,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":800111045,"gmtCreate":1627286021287,"gmtModify":1633766523444,"author":{"id":"3580216654548696","authorId":"3580216654548696","name":"yct","avatar":"https://static.tigerbbs.com/fc8d88e888d52a12790f96349bf44387","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3580216654548696","idStr":"3580216654548696"},"themes":[],"title":"","htmlText":"Horror [Spurting]&nbsp;","listText":"Horror [Spurting]&nbsp;","text":"Horror [Spurting]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/800111045","repostId":"2154959317","repostType":4,"isVote":1,"tweetType":1,"viewCount":834,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":175260844,"gmtCreate":1627035023288,"gmtModify":1633768597558,"author":{"id":"3580216654548696","authorId":"3580216654548696","name":"yct","avatar":"https://static.tigerbbs.com/fc8d88e888d52a12790f96349bf44387","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3580216654548696","idStr":"3580216654548696"},"themes":[],"title":"","htmlText":"Investing in Chinese companies is so stressful","listText":"Investing in Chinese companies is so stressful","text":"Investing in Chinese companies is so stressful","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/175260844","repostId":"1112567098","repostType":4,"isVote":1,"tweetType":1,"viewCount":889,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":172455738,"gmtCreate":1626984365824,"gmtModify":1633769146400,"author":{"id":"3580216654548696","authorId":"3580216654548696","name":"yct","avatar":"https://static.tigerbbs.com/fc8d88e888d52a12790f96349bf44387","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3580216654548696","idStr":"3580216654548696"},"themes":[],"title":"","htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/172455738","repostId":"2153567049","repostType":2,"repost":{"id":"2153567049","kind":"highlight","weMediaInfo":{"introduction":"Stock Market Quotes, Business News, Financial News, Trading Ideas, and Stock Research by Professionals","home_visible":0,"media_name":"Benzinga Earnings","id":"1052270027","head_image":"https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa"},"pubTimestamp":1626984110,"share":"https://www.laohunote.com/m/news/2153567049?lang=zh_CN&edition=full","pubTime":"2021-07-23 04:01","market":"us","language":"en","title":"Intel Q2 EPS $1.28 Beats $1.06 Estimate<blockquote>英特尔第二季度每股收益 1.28 美元，超出预期 1.06 美元</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=2153567049","media":"Benzinga Earnings","summary":"-Reuters","content":"<p><html><body>-Reuters</p><p><blockquote><html><body>-路透社</body></html></blockquote></p><p></body></html></p><p><blockquote></blockquote></p><p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Intel Q2 EPS $1.28 Beats $1.06 Estimate<blockquote>英特尔第二季度每股收益 1.28 美元，超出预期 1.06 美元</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nIntel Q2 EPS $1.28 Beats $1.06 Estimate<blockquote>英特尔第二季度每股收益 1.28 美元，超出预期 1.06 美元</blockquote>\n</h2>\n<h4 class=\"meta\">\n<div class=\"head\" \">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Benzinga Earnings </p>\n<p class=\"h-time smaller\">2021-07-23 04:01</p>\n</div>\n</div>\n</h4>\n</header>\n<article>\n<p><html><body>-Reuters</p><p><blockquote><html><body>-路透社</body></html></blockquote></p><p></body></html></p><p><blockquote></blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"QTWO":"Q2 Holdings Inc","INTC":"英特尔"},"source_url":"https://www.benzinga.com/news/earnings/21/07/22113549/intel-q2-eps-1-28-beats-1-06-estimate","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2153567049","content_text":"-Reuters","news_type":1,"symbols_score_info":{"INTC":1,"QTWO":1}},"isVote":1,"tweetType":1,"viewCount":583,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":176957674,"gmtCreate":1626856801198,"gmtModify":1631884794660,"author":{"id":"3580216654548696","authorId":"3580216654548696","name":"yct","avatar":"https://static.tigerbbs.com/fc8d88e888d52a12790f96349bf44387","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3580216654548696","idStr":"3580216654548696"},"themes":[],"title":"","htmlText":"<a href=\"https://laohu8.com/S/DIS\">$Walt Disney(DIS)$</a>will win long term but there isspace for both. The rest should just give up. Looking at you <a href=\"https://laohu8.com/S/T\">$AT&amp;T Inc(T)$</a><a href=\"https://laohu8.com/S/CMCSA\">$Comcast(CMCSA)$</a>","listText":"<a href=\"https://laohu8.com/S/DIS\">$Walt Disney(DIS)$</a>will win long term but there isspace for both. The rest should just give up. Looking at you <a href=\"https://laohu8.com/S/T\">$AT&amp;T Inc(T)$</a><a href=\"https://laohu8.com/S/CMCSA\">$Comcast(CMCSA)$</a>","text":"$Walt Disney(DIS)$will win long term but there isspace for both. The rest should just give up. Looking at you $AT&T Inc(T)$$Comcast(CMCSA)$","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/176957674","repostId":"1183563723","repostType":4,"repost":{"id":"1183563723","kind":"news","pubTimestamp":1626853969,"share":"https://www.laohunote.com/m/news/1183563723?lang=zh_CN&edition=full","pubTime":"2021-07-21 15:52","market":"us","language":"en","title":"Netflix Slides After Subscriber Guidance Misses Estimates<blockquote>订户指导未达到预期后 Netflix 下滑</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1183563723","media":"zerohedge","summary":"Recent earnings reports from streaming giant $Netflix$ have been a mixed bag: the stock tumbled three quarters ago when the company reported earnings for its first full \"post Corona\" quarter and warned that\"growth is slowing\",before againplunging three quarters agowhen the company reported a huge miss in both EPS and new subs, which at 2.2 million was tied for the worst quarter in the past five years, while also reporting a worse than expected outlook for the current quarter. This reversedtwo qu","content":"<p>Recent earnings reports from streaming giant <a href=\"https://laohu8.com/S/NFLX\">Netflix</a> have been a mixed bag: the stock tumbled three quarters ago when the company reported earnings for its first full \"post Corona\" quarter and warned that<i>\"growth is slowing\",</i>before againplunging three quarters agowhen the company reported a huge miss in both EPS and new subs, which at 2.2 million was tied for the worst quarter in the past five years, while also reporting a worse than expected outlook for the current quarter. This reversedtwo quarters agowhen Netflix reported a blowout subscriber beat and projected it would soon be cash flow positive, sending its stock soaring to an all time high - if only briefly before again reversing and then tumblinglast quarterwhen Netflix again disappointed when it reported a huge subscriber miss and giving dismal guidance.</p><p><blockquote>流媒体巨头最近的收益报告<a href=\"https://laohu8.com/S/NFLX\">网飞</a>喜忧参半：三个季度前，当该公司报告其第一个完整的“后新冠”季度收益并警告称，该股暴跌<i>“增长正在放缓”，</i>三个季度前再次暴跌，当时该公司报告每股收益和新订阅量均大幅下滑，为 220 万份，并列过去五年来最糟糕的季度，同时本季度的前景也比预期更差。两个季度前，当 Netflix 报告用户数量激增并预计现金流很快就会为正时，这种情况发生了逆转，导致其股价飙升至历史新高——哪怕只是短暂的，然后在上个季度再次逆转，然后暴跌时，Netflix 再次令人失望，当时它报告了巨大的用户失误并给出了令人沮丧的指导。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/04fe65be48d8a2ae27f38c5f2f476d77\" tg-width=\"1223\" tg-height=\"670\" referrerpolicy=\"no-referrer\">Which brings us to today, when investors are on edge today to find out not whether the company would beat or miss expectations, but rather if the slowdown CEO Reed Hastings warned about is for real and has pulled forward even more subscribers due to covid? After all, Netflix has been warning for months that growth would slow in 2021 compared to the phenomenal signup rate at the start of the pandemic lockdown last year. And yes, brace for a huge base effect hit:<i>in the second quarter of 2020, the service added 10 million new customers, second only to the 15.77 million it added in the record first quarter of 2020.</i></p><p><blockquote>这就把我们带到了今天，投资者今天很紧张，不是要弄清楚该公司是否会超出或低于预期，而是要弄清楚首席执行官里德·黑斯廷斯（Reed Hastings）警告的经济放缓是否是真实的，并且由于covid而吸引了更多的订户？毕竟，Netflix 几个月来一直警告称，与去年疫情封锁开始时惊人的注册率相比，2021 年的增长将会放缓。是的，准备好迎接巨大的基地效果打击：<i>2020年第二季度，该服务新增了1000万客户，仅次于2020年第一季度创纪录的1577万客户。</i></blockquote></p><p> To be sure, despite a series of hit or miss earnings, the company has been riding a wave of optimism, its stock soaring in early 2021. Still, after hitting to a record high in January, the stock has traded rangbeound, unable to break out to a new high, for the past seven months. And while there’s no doubt that viewership has surged during the Covid-19 lockdowns in the U.S. and much of the world, there are complications: the virus has brought TV and film production to a halt, a situation that may only get more dire for Netflix as the months wear on. But the biggest question remains<b>how many future subs has covid brought to the present, and tied to that - will the panic over the Delta strain lead to another mini burst in subscribers in the coming quater(s)?</b></p><p><blockquote>可以肯定的是，尽管盈利出现了一系列波动，但该公司一直乘着乐观浪潮，其股价在 2021 年初飙升。尽管如此，在一月份创下历史新高后，该股在过去七个月里一直波动，未能突破新高。毫无疑问，在美国和世界大部分地区的 Covid-19 封锁期间，收视率激增，但也存在一些复杂情况： 病毒使电视和电影制作陷入停滞，随着时间的推移，这种情况对 Netflix 来说只会变得更加糟糕。但最大的问题仍然是<b>covid给现在带来了多少未来的潜艇，与此相关的是——对Delta菌株的恐慌会导致未来几个季度的用户再次小规模爆发吗？</b></blockquote></p><p> Indicatively, consensus expects just 1.12 million new subscribers to be added in the second quarter, just above the company's own projection of 1 million new subs. Revenue are expected to come in at $7.32 billion, up from $7.16 billion last quarter, and resulting in EPS of $3.36, down slightly from last quarter's $3.75. This, as streaming video remains on a hot streak since the pandemic struck.</p><p><blockquote>值得注意的是，共识预计第二季度仅新增 112 万用户，略高于该公司自己预测的 100 万新用户。收入预计为 73.2 亿美元，高于上一季度的 71.6 亿美元，每股收益为 3.36 美元，略低于上一季度的 3.75 美元。这是因为自疫情袭击以来，流媒体视频仍然火爆。</blockquote></p><p> Previewing the quarterly result, Bloomberg Intelligence analysts Geetha Ranganathan and Amine Bensaid cautioned that Netflix’s massive 2020 is leading to more muted subscriber gains this year: \"Netflix will continue to feel the aftereffects of a super-charged 1H20, with a massive pull-forward of demand prompting tempered expectations for 1 million additions in 2Q, its lowest quarterly level since 4Q11. The pull-forward may have also been amplified by price increases and pent-up demand for outdoor entertainment leading to uncertainty in 3Q guidance, though the return of several high-profile titles (‘Witcher,’ ‘Cobra Kai,’ ‘You’ and ‘Money Heist’) will be a clear catalyst for normalizing subscriber gains from 4Q and into 2022.\"</p><p><blockquote>彭博情报公司（Bloomberg Intelligence）分析师吉塔-兰加纳坦（Geetha Ranganathan）和阿明-本赛德（Amine Bensaid）在预览季度业绩时警告说，Netflix 2020 年的巨额业绩将导致今年的用户增长更加平淡： Netflix,Inc.将继续感受到 2020 年上半年超负荷运转的余波，需求的大幅拉动促使人们对第二季度新增 100 万用户的预期有所降低，这是自 2011 年第四季度以来的最低季度水平。价格上涨和户外娱乐需求被压抑，导致第三季度指引存在不确定性，但几部备受瞩目的影片（《巫师》、《眼镜蛇凯》、《你》和《金钱大劫案》）的回归将成为第四季度到 2022 年用户增长正常化的明显催化剂”。</blockquote></p><p> LightShed Partners media analyst Rich Greenfield published what he sees as the key questions Netflix investors should ask management after its earnings report. Among them are when Netflix’s subscriber growth will normalize, whether India can be a meaningful driver of profitability, and where the company sees opportunities in video games. Greenfield asks: “Is the goal to leverage IP you create for TV/film or create original video game IP that can be leveraged into TV/film production?”</p><p><blockquote>LightShed Partners 媒体分析师 Rich Greenfield 发表了他认为 Netflix 投资者在财报发布后应该向管理层提出的关键问题。其中包括 Netflix 的用户增长何时恢复正常、印度能否成为有意义的盈利驱动力，以及该公司在视频游戏领域看到的机遇。格林菲尔德问道： “目标是利用你为电视/电影创作的知识产权，还是创造可以用于电视/电影制作的原创视频游戏知识产权？”</blockquote></p><p> Another thing to watch out for is how a slowdown in production last year is affecting the service. The filming of new shows and movies basically came to a standstill in early 2020, which curbed output in the following months.</p><p><blockquote>另一件需要注意的事情是去年生产放缓如何影响服务。新节目和电影的拍摄在2020年初基本上陷入停滞，这限制了接下来几个月的产量。</blockquote></p><p> * * *</p><p><blockquote>***</blockquote></p><p> <b>So with all that in mind, was <a href=\"https://laohu8.com/S/QTWO\">Q2</a> the quarter that would finally unleash another repricing higher for Netflix stock?</b>Alas, it would again not be this time because despite beating on the top line, and adding more subscribers than expected, the company missed on EPS and<i>again</i>reported another dismal quarterly guidance which came in well below expectations (full letter to shareholders).</p><p><blockquote><b>所以考虑到这一切，<a href=\"https://laohu8.com/S/QTWO\">第二季度</a>这个季度最终会让 Netflix 股票再次重新定价？</b>唉，这次又不会了，因为尽管营收超出预期，并且增加了比预期更多的订户，但该公司的每股收益和<i>再一次</i>报告了另一份令人沮丧的季度指引，远低于预期（致股东的完整信）。</blockquote></p><p> <a href=\"https://laohu8.com/S/FBNC\">First</a>, the good news:</p><p><blockquote><a href=\"https://laohu8.com/S/FBNC\">第一</a>好消息是：</blockquote></p><p></p><p> <ul>  <li>Q2 revenue $7.34B,<i><b>beating</b></i>Est. $7.32B</li>  <li>Q2 Streaming Paid Net Change +1.54M,<i><b>beating</b></i>Est. +1.12M</li>  <li>Operating margin of 25.2% came in on top of estiamtes of 25.2%</li> </ul> And then the bad news:</p><p><blockquote><ul><li>第二季度收入$7.34B，<i><b>殴打</b></i>是的。$73.2亿美元</li><li>第二季度流媒体付费净变化+154万，<i><b>殴打</b></i>是的。+1.12万</li><li>营业利润率为 25.2%，高于预期的 25.2%</li></ul>然后是坏消息：</blockquote></p><p> <ul>  <li><b>Q2 EPS $2.97 missing consensus Est. $3.14</b></li>  <li><b>Company sees Q3 Streaming Paid Net Change +3.50M, far below the Wall Street estimate of +5.86M</b></li> </ul> <a href=\"https://laohu8.com/S/JE\">Just</a> as bad,<b>the company reported its first decline in US/Canada paid subscribers, which shrank by 430K to 73.95MM. This was the first time NFLX lost customers domestically since 2019.</b></p><p><blockquote><ul><li><b>第二季度每股收益为 2.97 美元，低于市场预期。$3.14</b></li><li><b>公司预计第三季度流媒体付费净变化为+350万，远低于华尔街预期的+586万</b></li></ul><a href=\"https://laohu8.com/S/JE\">刚刚</a>不好，<b>该公司报告称，美国/加拿大付费用户首次下降，减少了43万，至73.95毫米。这是NFLX自2019年以来首次在国内失去客户。</b></blockquote></p><p> In other words, while q2 revenue rose 19% and operating income rose 36%,<b>shares tumbled after its third-quarter subscriber forecast missed estimates.</b></p><p><blockquote>换句话说，虽然第二季度收入增长了19%，经营利润增长了36%，<b>第三季度用户预测未达到预期，股价暴跌。</b></blockquote></p><p> Here is the full breakdown of Q2 subs which saw a drop in US/Canada paid subs:</p><p><blockquote>以下是美国/加拿大付费订阅量下降的第二季度订阅量的完整明细：</blockquote></p><p> <ul>  <li><b>UCAN streaming paid net change -430,000, estimate +52,190</b></li>  <li>EMEA streaming paid net change +190,000, estimate +429,335</li>  <li>LATAM streaming paid net change +760,000, estimate +128,719</li>  <li>APAC streaming paid net change +1.02 million, estimate +524,900</li>  <li><a href=\"https://laohu8.com/S/TSS\">Total</a> Streaming paid net change +1.54 million, estimate +1.12 million (Bloomberg Consensus)</li> </ul> And visually:</p><p><blockquote><ul><li><b>UCAN 流媒体付费净变化 -430,000，预估 +52,190</b></li><li>EMEA 流媒体付费净变化 +190,000，估计 +429,335</li><li>LATAM streaming 付费净变化 +760,000，预估 +128,719</li><li>APAC streaming 付费净变化 +102 万，预计 +524,900</li><li><a href=\"https://laohu8.com/S/TSS\">总的</a>流媒体付费净变化 +154 万美元，预计 +112 万美元（彭博共识）</li></ul>和视觉上：</blockquote></p><p> <img src=\"https://static.tigerbbs.com/85f0ab057ffe490df75bde4db70226d4\" tg-width=\"863\" tg-height=\"842\" referrerpolicy=\"no-referrer\">Commenting on the Q2 results, NFLX said that revenue growth was driven by an 11% increase in average paid streaming memberships and 8% growth in average revenue per membership (ARM). “COVID has created some lumpiness in our membership growth (higher growth in 2020, slower growth this year), which is working its way through.”</p><p><blockquote>NFLX在评论第二季度业绩时表示，收入增长是由平均付费流媒体会员增加11%和平均每个会员收入（ARM）增长8%推动的。“COVID 给我们的会员增长带来了一些波动（2020 年增长较高，今年增长较慢），但这种情况正在得到解决。”</blockquote></p><p> A more detailed breakdown of why the company continues to see \"choppiness\" in its earnings:</p><p><blockquote>更详细地分析了为什么该公司的盈利持续出现“波动”：</blockquote></p><p>   <i>\"The pandemic has created unusual choppiness in our growth and distorts year-over-year comparisons as acquisition and engagement per member household spiked in the early months of COVID. In Q2’21, our engagement per member household was, as expected, down vs. those unprecedented levels but was still up 17% compared with a more comparable Q2’19. Similarly, retention continues to be strong and better than pre-COVID Q2’19 levels, even as average revenue per membership has grown 8% over this two-year period, demonstrating how much our members value Netflix and that as we improve our service we can charge a bit more. \"</i>  NFLX also said that it added 1.5m paid memberships in Q2, \"slightly ahead of our 1.0m guidance forecast\"<b>with the APAC region representing about two-thirds of global paid net adds in the quarter</b>. Meanwhile, as noted above,<b>Q2 paid memberships in the UCAN region were down sequentially (-0.4m paid net adds):</b>\"<i>We believe our large membership base in UCAN coupled with a seasonally smaller quarter for acquisition is the main reason for this dynamic. This is similar to what we experienced in Q2’19 when our UCAN paid net adds were -0.1m; since then we’ve added nearly 7.5m paid net adds in UCAN\"</i></p><p><blockquote><i>“大流行病给我们的增长带来了不同寻常的波动，并扭曲了同比比较，因为在 COVID 爆发的最初几个月，每户成员家庭的购买量和参与度激增。在 21 年第二季度，我们的每户成员家庭参与度不出所料地下降了，但与 19 年第二季度相比，仍增长了 17%。同样，尽管在这两年期间，每个会员的平均收入增长了 8%，但留存率仍然强劲，好于 2019 年第二季度的水平，这表明我们的会员是多么重视 Netflix，随着我们改善服务，我们可以收取更多的费用。”</i>NFLX 还表示，第二季度新增了 150 万付费会员，“略高于我们 100 万的指导预测”<b>本季度亚太地区约占全球付费净增加额的三分之二</b>同时，如上所述，<b>UCAN 地区第二季度付费会员数量环比下降（付费净增加 -40 万）：</b>\"<i>我们相信，我们在 UCAN 的庞大会员基础加上季节性较小的收购季度是这种动态的主要原因。这与我们在 2019 年第二季度经历的情况类似，当时我们的 UCAN 付费净增为 -10 万；从那时起，我们在 UCAN 新增了近 750 万付费净增用户”。</i></blockquote></p><p> This means that the covid pandemic in 2020 pulled forward so many subs that 2021 is shaping up to be the wirst year since at least 2016.</p><p><blockquote>这意味着2020年的covid疫情推动了如此多的潜艇，以至于2021年将成为至少自2016年以来最糟糕的一年。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/b1a78edf8126b85753fd3218713aba96\" tg-width=\"820\" tg-height=\"413\" referrerpolicy=\"no-referrer\">Understandably, now that companies are comping to 2019 not to 2020 (for the dismal base effect), Netflix is urging investors to compare this year to 2019 and not to the same quarter a year ago (when the pandemic boosted subscriber growth). Oddly the company had no problem comparing 2020 to 2019 when the numbers were in its favor, but we digress... The company points out that user engagement per member household was down in the second quarter compared with “those unprecedented levels” of 2020, but it was up 17% “compared with a more comparable Q2’19.”</p><p><blockquote>可以理解的是，现在公司的目标是 2019 年而不是 2020 年（由于基数效应令人沮丧），Netflix 敦促投资者将今年与 2019 年进行比较，而不是与一年前的同一季度（当时疫情促进了订户增长）进行比较。奇怪的是，该公司在比较2020年和2019年的数据对其有利时没有问题，但我们跑题了……该公司指出，与 2020 年 “前所未有的水平 ”相比，第二季度每个家庭成员的用户参与度有所下降，但 “与 2019 年第二季度相比 ”增长了 17%。</blockquote></p><p> Perhaps in an attempt to divert attention from (lack of) subscriber growth, Netflix said it was making good on its promise back in 2016 to steadily grow its operating margin. The streaming giant is targeting a 20% operating margin for 2021.</p><p><blockquote>也许是为了转移人们对（缺乏）用户增长的注意力，Netflix 表示，它正在兑现 2016 年的承诺，稳步增长营业利润率。这家流媒体巨头的目标是 2021 年营业利润率达到 20%。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/6f26d1f9fee9dc38cc58bff5bdc43c73\" tg-width=\"663\" tg-height=\"399\" referrerpolicy=\"no-referrer\">Some more details here:</p><p><blockquote>更多详情请点击此处：</blockquote></p><p></p><p>   <i><b>“Assuming we achieve our margin target this year, we will have quintupled our operating margin in the last five years and are tracking ahead of this average annual three percentage point pace..</b></i>   <i>.. With revenue and margin both increasing, our operating profit dollars have risen dramatically as well (even as we have been investing heavily), from about $100 million per quarter in 2016 to nearly $2 billion per quarter so far in 2021.</i>  But while shareholders may excuse the decline in US subs, they were not happy with the company's overall guidance,<b>where it now sees just 3.5 million new subs in Q3, far below the 5.86 million expected.</b></p><p><blockquote><i><b>“假设我们今年实现了利润率目标，那么在过去五年中，我们的营业利润率将增长五倍，并将比平均每年增长三个百分点。</b></i><i>..随着收入和利润率的增长，我们的营业利润也大幅上升（尽管我们一直在大量投资），从2016年的每季度约1亿美元增加到2021年迄今为止的每季度近20亿美元。</i>不过，尽管股东们可能会原谅美国潜艇销量的下降，但他们对公司的整体指引并不满意，<b>目前，第三季度新增潜艇数量仅为 350 万，远低于预期的 586 万。</b></blockquote></p><p> <img src=\"https://static.tigerbbs.com/23205a0bb2f7fde61b3ef2da7b7a56bb\" tg-width=\"856\" tg-height=\"399\" referrerpolicy=\"no-referrer\">* * *</p><p><blockquote>***</blockquote></p><p> Looking at its content slate, Netflix said it would be light in the first half due to Covid. The company is now playing catch-up, with spending on new TV shows and movies up 41% to $8 billion in the first half. The company is targeting $12 billion in content spending for the year, a 12% bump, to wit:</p><p><blockquote>从其内容清单来看，Netflix 表示，由于 Covid，上半年内容将会清淡。该公司目前正在迎头赶上，上半年新电视节目和电影的支出增长了 41%，达到 80 亿美元。该公司今年的内容支出目标是 120 亿美元，增长 12%，具体如下：</blockquote></p><p>   <i><b>Through the first half of 2021 we’ve already spent $8 billion in cash on content (up 41% yr-over-yr and 1.4x our content amortization)</b></i>   <i>and we expect content amortization to be around $12 billion for the full year (+12% year over year). Our Q3 slate will include new seasons of fan favorites La Casa de Papel (aka Money Heist), Sex Education, Virgin River and Never Have I Ever as well as live action films including Sweet Girl (starring Jason Momoa), Kissing Booth 3, and Kate (starring Mary Elizabeth Winstead) and the animated feature film Vivo, featuring all-new songs from Lin-Manuel Miranda.</i>  Netflix offers shared some more details on its upcoming entrance into the gaming arena:</p><p><blockquote><i><b>截至 2021 年上半年，我们已在内容上花费了 80 亿美元现金（同比增长 41%，是内容摊销额的 1.4 倍）。</b></i><i>我们预计全年内容摊销约为 120 亿美元（同比增长 12%）。我们的第三季度名单将包括粉丝最喜欢的《纸钞屋》（又名《金钱抢劫》）、《性教育》、《处女河》和《我从未有过》等新一季，以及真人电影，包括《甜心女孩》（由杰森·莫玛主演）、《接吻亭3》和《凯特》（由玛丽·伊丽莎白·温斯蒂德主演）和动画长片《Vivo》，其中收录了林·曼努埃尔·米兰达的全新歌曲。</i>Netflix offers 分享了有关其即将进军游戏领域的更多细节：</blockquote></p><p>   <i>“We’re also in the early stages of further expanding into games, building on our earlier efforts around interactivity (e.g., Black Mirror Bandersnatch) and our Stranger Things games. We view gaming as another new content category for us, similar to our expansion into original films, animation and unscripted TV.</i>   <i><b>Games will be included in members’ Netflix subscription at no additional cost, similar to films and series</b></i>   <i>. Initially, we’ll be primarily focused on games for mobile devices. We’re excited as ever about our movies and TV series offering and we expect a long runway of increasing investment and growth across all of our existing content categories, but since we are nearly a decade into our push into original programming, we think the time is right to learn more about how our members value games.”</i>  In its cursory overview of the competitive landscape, Netflix pointed out mergers like WarnerMedia/<a href=\"https://laohu8.com/S/DISCA\">Discovery</a>, saying they “don’t believe this consolidation has affected our growth much, if at all.” The company also noted that while it’s always evaluating merger opportunities: “We don’t view any assets as ‘must-have’ and we haven’t yet found any large scale ones to be sufficiently compelling to act upon.”</p><p><blockquote><i>“在我们早期围绕互动性（如《黑镜抢劫案》）和《怪奇物语》游戏的基础上，我们还处于进一步向游戏扩张的早期阶段。我们将游戏视为我们的另一个新内容类别，类似于我们向原创电影、动画和无剧本电视的扩张。</i><i><b>游戏将免费包含在会员的 Netflix 订阅中，类似于电影和剧集</b></i><i>. 最初，我们将主要关注移动设备游戏。我们一如既往地对我们的电影和电视剧产品感到兴奋，我们预计我们现有的所有内容类别都将有很长的时间来增加投资和增长，但由于我们推进原创节目已经近十年了，我们认为现在是时候更多地了解我们的会员如何看待游戏了。</i>在对竞争格局的粗略概述中，Netflix 指出了华纳媒体/<a href=\"https://laohu8.com/S/DISCA\">发现</a>他们 “不认为这次合并对我们的增长产生了太大影响，如果有的话”。该公司还指出，虽然它一直在评估合并机会： “我们不认为任何资产是'必须拥有'的，我们还没有发现任何大规模的资产足以令人信服地采取行动”。</blockquote></p><p> There was more bad news in NFLX cash flow, which after last quarter's surge reversed again, and dropped by $175 million, vs a positive cash flow of $899 million a year ago. NFLX notes that it is \"still expecting full year 2021 free cash flow to be approximately break even.\" The company also believes it no longer needs to raise external financing to fund our day-to-day operations. We'll see if at least that promise pans out.</p><p><blockquote>NFLX 现金流还有更多坏消息，在上季度激增后再次逆转，下降了 1.75 亿美元，而去年同期为正现金流 8.99 亿美元。NFLX 指出，它“仍然预计 2021 年全年自由现金流将大致达到收支平衡”。本公司亦认为不再需要筹集外部融资来资助我们的日常运营。我们会看看这个承诺是否会实现。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/4ceb3aed0130e94558eb4acfb4ed6369\" tg-width=\"1022\" tg-height=\"676\" referrerpolicy=\"no-referrer\">In other news, during Q2, NFLX increased its revolving credit facility (which remains undrawn) to $1 billion from $750 million and extended the maturity from 2024 to 2026. The company also repurchased 1 million shares for $500 million (at an average per share price of about $500) under our $5 billion share authorization: the company said its \"main priority is to invest in the organic growth of our business while maintaining strong liquidity and retaining financial flexibility for strategic investments.\"</p><p><blockquote>其他新闻方面，在第二季度，NFLX 将其循环信贷额度（仍未提取）从 7.5 亿美元增加到 10 亿美元，并将期限从 2024 年延长至 2026 年。该公司还根据我们 50 亿美元的股票授权，以 5 亿美元（平均每股价格约为 500 美元）回购了 100 万股股票：该公司表示，其“主要优先事项是投资于我们业务的有机增长，同时保持强劲的流动性并保持战略投资的财务灵活性。”</blockquote></p><p> After all that, the market was unimpressed but it could have been worse: after initially plunging below $500 briefly, the stock has since stabilized down 2% around $515. Among stocks that are down in sympathy, video-streaming platform Roku falls 1.4%.</p><p><blockquote>毕竟，市场并没有留下深刻印象，但情况可能会更糟：在最初短暂跌破 500 美元后，该股此后已下跌 2%，稳定在 515 美元左右。在同情心下跌的股票中，视频流平台Roku下跌 1.4%。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/cd7e85e2830bd58f17652f92dedb29b4\" tg-width=\"1280\" tg-height=\"663\" referrerpolicy=\"no-referrer\">Netflix Slides&nbsp;in&nbsp;premarket&nbsp;trading.</p><p><blockquote>Netflix 盘前交易下滑。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/304dae8666ce15371c9686fbd96d32bb\" tg-width=\"704\" tg-height=\"486\" width=\"100%\" height=\"auto\"></p><p><blockquote></blockquote></p><p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Netflix Slides After Subscriber Guidance Misses Estimates<blockquote>订户指导未达到预期后 Netflix 下滑</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\">\nNetflix Slides After Subscriber Guidance Misses Estimates<blockquote>订户指导未达到预期后 Netflix 下滑</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">zerohedge</strong><span class=\"h-time small\">2021-07-21 15:52</span>\n</p>\n</h4>\n</header>\n<article>\n<p>Recent earnings reports from streaming giant <a href=\"https://laohu8.com/S/NFLX\">Netflix</a> have been a mixed bag: the stock tumbled three quarters ago when the company reported earnings for its first full \"post Corona\" quarter and warned that<i>\"growth is slowing\",</i>before againplunging three quarters agowhen the company reported a huge miss in both EPS and new subs, which at 2.2 million was tied for the worst quarter in the past five years, while also reporting a worse than expected outlook for the current quarter. This reversedtwo quarters agowhen Netflix reported a blowout subscriber beat and projected it would soon be cash flow positive, sending its stock soaring to an all time high - if only briefly before again reversing and then tumblinglast quarterwhen Netflix again disappointed when it reported a huge subscriber miss and giving dismal guidance.</p><p><blockquote>流媒体巨头最近的收益报告<a href=\"https://laohu8.com/S/NFLX\">网飞</a>喜忧参半：三个季度前，当该公司报告其第一个完整的“后新冠”季度收益并警告称，该股暴跌<i>“增长正在放缓”，</i>三个季度前再次暴跌，当时该公司报告每股收益和新订阅量均大幅下滑，为 220 万份，并列过去五年来最糟糕的季度，同时本季度的前景也比预期更差。两个季度前，当 Netflix 报告用户数量激增并预计现金流很快就会为正时，这种情况发生了逆转，导致其股价飙升至历史新高——哪怕只是短暂的，然后在上个季度再次逆转，然后暴跌时，Netflix 再次令人失望，当时它报告了巨大的用户失误并给出了令人沮丧的指导。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/04fe65be48d8a2ae27f38c5f2f476d77\" tg-width=\"1223\" tg-height=\"670\" referrerpolicy=\"no-referrer\">Which brings us to today, when investors are on edge today to find out not whether the company would beat or miss expectations, but rather if the slowdown CEO Reed Hastings warned about is for real and has pulled forward even more subscribers due to covid? After all, Netflix has been warning for months that growth would slow in 2021 compared to the phenomenal signup rate at the start of the pandemic lockdown last year. And yes, brace for a huge base effect hit:<i>in the second quarter of 2020, the service added 10 million new customers, second only to the 15.77 million it added in the record first quarter of 2020.</i></p><p><blockquote>这就把我们带到了今天，投资者今天很紧张，不是要弄清楚该公司是否会超出或低于预期，而是要弄清楚首席执行官里德·黑斯廷斯（Reed Hastings）警告的经济放缓是否是真实的，并且由于covid而吸引了更多的订户？毕竟，Netflix 几个月来一直警告称，与去年疫情封锁开始时惊人的注册率相比，2021 年的增长将会放缓。是的，准备好迎接巨大的基地效果打击：<i>2020年第二季度，该服务新增了1000万客户，仅次于2020年第一季度创纪录的1577万客户。</i></blockquote></p><p> To be sure, despite a series of hit or miss earnings, the company has been riding a wave of optimism, its stock soaring in early 2021. Still, after hitting to a record high in January, the stock has traded rangbeound, unable to break out to a new high, for the past seven months. And while there’s no doubt that viewership has surged during the Covid-19 lockdowns in the U.S. and much of the world, there are complications: the virus has brought TV and film production to a halt, a situation that may only get more dire for Netflix as the months wear on. But the biggest question remains<b>how many future subs has covid brought to the present, and tied to that - will the panic over the Delta strain lead to another mini burst in subscribers in the coming quater(s)?</b></p><p><blockquote>可以肯定的是，尽管盈利出现了一系列波动，但该公司一直乘着乐观浪潮，其股价在 2021 年初飙升。尽管如此，在一月份创下历史新高后，该股在过去七个月里一直波动，未能突破新高。毫无疑问，在美国和世界大部分地区的 Covid-19 封锁期间，收视率激增，但也存在一些复杂情况： 病毒使电视和电影制作陷入停滞，随着时间的推移，这种情况对 Netflix 来说只会变得更加糟糕。但最大的问题仍然是<b>covid给现在带来了多少未来的潜艇，与此相关的是——对Delta菌株的恐慌会导致未来几个季度的用户再次小规模爆发吗？</b></blockquote></p><p> Indicatively, consensus expects just 1.12 million new subscribers to be added in the second quarter, just above the company's own projection of 1 million new subs. Revenue are expected to come in at $7.32 billion, up from $7.16 billion last quarter, and resulting in EPS of $3.36, down slightly from last quarter's $3.75. This, as streaming video remains on a hot streak since the pandemic struck.</p><p><blockquote>值得注意的是，共识预计第二季度仅新增 112 万用户，略高于该公司自己预测的 100 万新用户。收入预计为 73.2 亿美元，高于上一季度的 71.6 亿美元，每股收益为 3.36 美元，略低于上一季度的 3.75 美元。这是因为自疫情袭击以来，流媒体视频仍然火爆。</blockquote></p><p> Previewing the quarterly result, Bloomberg Intelligence analysts Geetha Ranganathan and Amine Bensaid cautioned that Netflix’s massive 2020 is leading to more muted subscriber gains this year: \"Netflix will continue to feel the aftereffects of a super-charged 1H20, with a massive pull-forward of demand prompting tempered expectations for 1 million additions in 2Q, its lowest quarterly level since 4Q11. The pull-forward may have also been amplified by price increases and pent-up demand for outdoor entertainment leading to uncertainty in 3Q guidance, though the return of several high-profile titles (‘Witcher,’ ‘Cobra Kai,’ ‘You’ and ‘Money Heist’) will be a clear catalyst for normalizing subscriber gains from 4Q and into 2022.\"</p><p><blockquote>彭博情报公司（Bloomberg Intelligence）分析师吉塔-兰加纳坦（Geetha Ranganathan）和阿明-本赛德（Amine Bensaid）在预览季度业绩时警告说，Netflix 2020 年的巨额业绩将导致今年的用户增长更加平淡： Netflix,Inc.将继续感受到 2020 年上半年超负荷运转的余波，需求的大幅拉动促使人们对第二季度新增 100 万用户的预期有所降低，这是自 2011 年第四季度以来的最低季度水平。价格上涨和户外娱乐需求被压抑，导致第三季度指引存在不确定性，但几部备受瞩目的影片（《巫师》、《眼镜蛇凯》、《你》和《金钱大劫案》）的回归将成为第四季度到 2022 年用户增长正常化的明显催化剂”。</blockquote></p><p> LightShed Partners media analyst Rich Greenfield published what he sees as the key questions Netflix investors should ask management after its earnings report. Among them are when Netflix’s subscriber growth will normalize, whether India can be a meaningful driver of profitability, and where the company sees opportunities in video games. Greenfield asks: “Is the goal to leverage IP you create for TV/film or create original video game IP that can be leveraged into TV/film production?”</p><p><blockquote>LightShed Partners 媒体分析师 Rich Greenfield 发表了他认为 Netflix 投资者在财报发布后应该向管理层提出的关键问题。其中包括 Netflix 的用户增长何时恢复正常、印度能否成为有意义的盈利驱动力，以及该公司在视频游戏领域看到的机遇。格林菲尔德问道： “目标是利用你为电视/电影创作的知识产权，还是创造可以用于电视/电影制作的原创视频游戏知识产权？”</blockquote></p><p> Another thing to watch out for is how a slowdown in production last year is affecting the service. The filming of new shows and movies basically came to a standstill in early 2020, which curbed output in the following months.</p><p><blockquote>另一件需要注意的事情是去年生产放缓如何影响服务。新节目和电影的拍摄在2020年初基本上陷入停滞，这限制了接下来几个月的产量。</blockquote></p><p> * * *</p><p><blockquote>***</blockquote></p><p> <b>So with all that in mind, was <a href=\"https://laohu8.com/S/QTWO\">Q2</a> the quarter that would finally unleash another repricing higher for Netflix stock?</b>Alas, it would again not be this time because despite beating on the top line, and adding more subscribers than expected, the company missed on EPS and<i>again</i>reported another dismal quarterly guidance which came in well below expectations (full letter to shareholders).</p><p><blockquote><b>所以考虑到这一切，<a href=\"https://laohu8.com/S/QTWO\">第二季度</a>这个季度最终会让 Netflix 股票再次重新定价？</b>唉，这次又不会了，因为尽管营收超出预期，并且增加了比预期更多的订户，但该公司的每股收益和<i>再一次</i>报告了另一份令人沮丧的季度指引，远低于预期（致股东的完整信）。</blockquote></p><p> <a href=\"https://laohu8.com/S/FBNC\">First</a>, the good news:</p><p><blockquote><a href=\"https://laohu8.com/S/FBNC\">第一</a>好消息是：</blockquote></p><p></p><p> <ul>  <li>Q2 revenue $7.34B,<i><b>beating</b></i>Est. $7.32B</li>  <li>Q2 Streaming Paid Net Change +1.54M,<i><b>beating</b></i>Est. +1.12M</li>  <li>Operating margin of 25.2% came in on top of estiamtes of 25.2%</li> </ul> And then the bad news:</p><p><blockquote><ul><li>第二季度收入$7.34B，<i><b>殴打</b></i>是的。$73.2亿美元</li><li>第二季度流媒体付费净变化+154万，<i><b>殴打</b></i>是的。+1.12万</li><li>营业利润率为 25.2%，高于预期的 25.2%</li></ul>然后是坏消息：</blockquote></p><p> <ul>  <li><b>Q2 EPS $2.97 missing consensus Est. $3.14</b></li>  <li><b>Company sees Q3 Streaming Paid Net Change +3.50M, far below the Wall Street estimate of +5.86M</b></li> </ul> <a href=\"https://laohu8.com/S/JE\">Just</a> as bad,<b>the company reported its first decline in US/Canada paid subscribers, which shrank by 430K to 73.95MM. This was the first time NFLX lost customers domestically since 2019.</b></p><p><blockquote><ul><li><b>第二季度每股收益为 2.97 美元，低于市场预期。$3.14</b></li><li><b>公司预计第三季度流媒体付费净变化为+350万，远低于华尔街预期的+586万</b></li></ul><a href=\"https://laohu8.com/S/JE\">刚刚</a>不好，<b>该公司报告称，美国/加拿大付费用户首次下降，减少了43万，至73.95毫米。这是NFLX自2019年以来首次在国内失去客户。</b></blockquote></p><p> In other words, while q2 revenue rose 19% and operating income rose 36%,<b>shares tumbled after its third-quarter subscriber forecast missed estimates.</b></p><p><blockquote>换句话说，虽然第二季度收入增长了19%，经营利润增长了36%，<b>第三季度用户预测未达到预期，股价暴跌。</b></blockquote></p><p> Here is the full breakdown of Q2 subs which saw a drop in US/Canada paid subs:</p><p><blockquote>以下是美国/加拿大付费订阅量下降的第二季度订阅量的完整明细：</blockquote></p><p> <ul>  <li><b>UCAN streaming paid net change -430,000, estimate +52,190</b></li>  <li>EMEA streaming paid net change +190,000, estimate +429,335</li>  <li>LATAM streaming paid net change +760,000, estimate +128,719</li>  <li>APAC streaming paid net change +1.02 million, estimate +524,900</li>  <li><a href=\"https://laohu8.com/S/TSS\">Total</a> Streaming paid net change +1.54 million, estimate +1.12 million (Bloomberg Consensus)</li> </ul> And visually:</p><p><blockquote><ul><li><b>UCAN 流媒体付费净变化 -430,000，预估 +52,190</b></li><li>EMEA 流媒体付费净变化 +190,000，估计 +429,335</li><li>LATAM streaming 付费净变化 +760,000，预估 +128,719</li><li>APAC streaming 付费净变化 +102 万，预计 +524,900</li><li><a href=\"https://laohu8.com/S/TSS\">总的</a>流媒体付费净变化 +154 万美元，预计 +112 万美元（彭博共识）</li></ul>和视觉上：</blockquote></p><p> <img src=\"https://static.tigerbbs.com/85f0ab057ffe490df75bde4db70226d4\" tg-width=\"863\" tg-height=\"842\" referrerpolicy=\"no-referrer\">Commenting on the Q2 results, NFLX said that revenue growth was driven by an 11% increase in average paid streaming memberships and 8% growth in average revenue per membership (ARM). “COVID has created some lumpiness in our membership growth (higher growth in 2020, slower growth this year), which is working its way through.”</p><p><blockquote>NFLX在评论第二季度业绩时表示，收入增长是由平均付费流媒体会员增加11%和平均每个会员收入（ARM）增长8%推动的。“COVID 给我们的会员增长带来了一些波动（2020 年增长较高，今年增长较慢），但这种情况正在得到解决。”</blockquote></p><p> A more detailed breakdown of why the company continues to see \"choppiness\" in its earnings:</p><p><blockquote>更详细地分析了为什么该公司的盈利持续出现“波动”：</blockquote></p><p>   <i>\"The pandemic has created unusual choppiness in our growth and distorts year-over-year comparisons as acquisition and engagement per member household spiked in the early months of COVID. In Q2’21, our engagement per member household was, as expected, down vs. those unprecedented levels but was still up 17% compared with a more comparable Q2’19. Similarly, retention continues to be strong and better than pre-COVID Q2’19 levels, even as average revenue per membership has grown 8% over this two-year period, demonstrating how much our members value Netflix and that as we improve our service we can charge a bit more. \"</i>  NFLX also said that it added 1.5m paid memberships in Q2, \"slightly ahead of our 1.0m guidance forecast\"<b>with the APAC region representing about two-thirds of global paid net adds in the quarter</b>. Meanwhile, as noted above,<b>Q2 paid memberships in the UCAN region were down sequentially (-0.4m paid net adds):</b>\"<i>We believe our large membership base in UCAN coupled with a seasonally smaller quarter for acquisition is the main reason for this dynamic. This is similar to what we experienced in Q2’19 when our UCAN paid net adds were -0.1m; since then we’ve added nearly 7.5m paid net adds in UCAN\"</i></p><p><blockquote><i>“大流行病给我们的增长带来了不同寻常的波动，并扭曲了同比比较，因为在 COVID 爆发的最初几个月，每户成员家庭的购买量和参与度激增。在 21 年第二季度，我们的每户成员家庭参与度不出所料地下降了，但与 19 年第二季度相比，仍增长了 17%。同样，尽管在这两年期间，每个会员的平均收入增长了 8%，但留存率仍然强劲，好于 2019 年第二季度的水平，这表明我们的会员是多么重视 Netflix，随着我们改善服务，我们可以收取更多的费用。”</i>NFLX 还表示，第二季度新增了 150 万付费会员，“略高于我们 100 万的指导预测”<b>本季度亚太地区约占全球付费净增加额的三分之二</b>同时，如上所述，<b>UCAN 地区第二季度付费会员数量环比下降（付费净增加 -40 万）：</b>\"<i>我们相信，我们在 UCAN 的庞大会员基础加上季节性较小的收购季度是这种动态的主要原因。这与我们在 2019 年第二季度经历的情况类似，当时我们的 UCAN 付费净增为 -10 万；从那时起，我们在 UCAN 新增了近 750 万付费净增用户”。</i></blockquote></p><p> This means that the covid pandemic in 2020 pulled forward so many subs that 2021 is shaping up to be the wirst year since at least 2016.</p><p><blockquote>这意味着2020年的covid疫情推动了如此多的潜艇，以至于2021年将成为至少自2016年以来最糟糕的一年。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/b1a78edf8126b85753fd3218713aba96\" tg-width=\"820\" tg-height=\"413\" referrerpolicy=\"no-referrer\">Understandably, now that companies are comping to 2019 not to 2020 (for the dismal base effect), Netflix is urging investors to compare this year to 2019 and not to the same quarter a year ago (when the pandemic boosted subscriber growth). Oddly the company had no problem comparing 2020 to 2019 when the numbers were in its favor, but we digress... The company points out that user engagement per member household was down in the second quarter compared with “those unprecedented levels” of 2020, but it was up 17% “compared with a more comparable Q2’19.”</p><p><blockquote>可以理解的是，现在公司的目标是 2019 年而不是 2020 年（由于基数效应令人沮丧），Netflix 敦促投资者将今年与 2019 年进行比较，而不是与一年前的同一季度（当时疫情促进了订户增长）进行比较。奇怪的是，该公司在比较2020年和2019年的数据对其有利时没有问题，但我们跑题了……该公司指出，与 2020 年 “前所未有的水平 ”相比，第二季度每个家庭成员的用户参与度有所下降，但 “与 2019 年第二季度相比 ”增长了 17%。</blockquote></p><p> Perhaps in an attempt to divert attention from (lack of) subscriber growth, Netflix said it was making good on its promise back in 2016 to steadily grow its operating margin. The streaming giant is targeting a 20% operating margin for 2021.</p><p><blockquote>也许是为了转移人们对（缺乏）用户增长的注意力，Netflix 表示，它正在兑现 2016 年的承诺，稳步增长营业利润率。这家流媒体巨头的目标是 2021 年营业利润率达到 20%。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/6f26d1f9fee9dc38cc58bff5bdc43c73\" tg-width=\"663\" tg-height=\"399\" referrerpolicy=\"no-referrer\">Some more details here:</p><p><blockquote>更多详情请点击此处：</blockquote></p><p></p><p>   <i><b>“Assuming we achieve our margin target this year, we will have quintupled our operating margin in the last five years and are tracking ahead of this average annual three percentage point pace..</b></i>   <i>.. With revenue and margin both increasing, our operating profit dollars have risen dramatically as well (even as we have been investing heavily), from about $100 million per quarter in 2016 to nearly $2 billion per quarter so far in 2021.</i>  But while shareholders may excuse the decline in US subs, they were not happy with the company's overall guidance,<b>where it now sees just 3.5 million new subs in Q3, far below the 5.86 million expected.</b></p><p><blockquote><i><b>“假设我们今年实现了利润率目标，那么在过去五年中，我们的营业利润率将增长五倍，并将比平均每年增长三个百分点。</b></i><i>..随着收入和利润率的增长，我们的营业利润也大幅上升（尽管我们一直在大量投资），从2016年的每季度约1亿美元增加到2021年迄今为止的每季度近20亿美元。</i>不过，尽管股东们可能会原谅美国潜艇销量的下降，但他们对公司的整体指引并不满意，<b>目前，第三季度新增潜艇数量仅为 350 万，远低于预期的 586 万。</b></blockquote></p><p> <img src=\"https://static.tigerbbs.com/23205a0bb2f7fde61b3ef2da7b7a56bb\" tg-width=\"856\" tg-height=\"399\" referrerpolicy=\"no-referrer\">* * *</p><p><blockquote>***</blockquote></p><p> Looking at its content slate, Netflix said it would be light in the first half due to Covid. The company is now playing catch-up, with spending on new TV shows and movies up 41% to $8 billion in the first half. The company is targeting $12 billion in content spending for the year, a 12% bump, to wit:</p><p><blockquote>从其内容清单来看，Netflix 表示，由于 Covid，上半年内容将会清淡。该公司目前正在迎头赶上，上半年新电视节目和电影的支出增长了 41%，达到 80 亿美元。该公司今年的内容支出目标是 120 亿美元，增长 12%，具体如下：</blockquote></p><p>   <i><b>Through the first half of 2021 we’ve already spent $8 billion in cash on content (up 41% yr-over-yr and 1.4x our content amortization)</b></i>   <i>and we expect content amortization to be around $12 billion for the full year (+12% year over year). Our Q3 slate will include new seasons of fan favorites La Casa de Papel (aka Money Heist), Sex Education, Virgin River and Never Have I Ever as well as live action films including Sweet Girl (starring Jason Momoa), Kissing Booth 3, and Kate (starring Mary Elizabeth Winstead) and the animated feature film Vivo, featuring all-new songs from Lin-Manuel Miranda.</i>  Netflix offers shared some more details on its upcoming entrance into the gaming arena:</p><p><blockquote><i><b>截至 2021 年上半年，我们已在内容上花费了 80 亿美元现金（同比增长 41%，是内容摊销额的 1.4 倍）。</b></i><i>我们预计全年内容摊销约为 120 亿美元（同比增长 12%）。我们的第三季度名单将包括粉丝最喜欢的《纸钞屋》（又名《金钱抢劫》）、《性教育》、《处女河》和《我从未有过》等新一季，以及真人电影，包括《甜心女孩》（由杰森·莫玛主演）、《接吻亭3》和《凯特》（由玛丽·伊丽莎白·温斯蒂德主演）和动画长片《Vivo》，其中收录了林·曼努埃尔·米兰达的全新歌曲。</i>Netflix offers 分享了有关其即将进军游戏领域的更多细节：</blockquote></p><p>   <i>“We’re also in the early stages of further expanding into games, building on our earlier efforts around interactivity (e.g., Black Mirror Bandersnatch) and our Stranger Things games. We view gaming as another new content category for us, similar to our expansion into original films, animation and unscripted TV.</i>   <i><b>Games will be included in members’ Netflix subscription at no additional cost, similar to films and series</b></i>   <i>. Initially, we’ll be primarily focused on games for mobile devices. We’re excited as ever about our movies and TV series offering and we expect a long runway of increasing investment and growth across all of our existing content categories, but since we are nearly a decade into our push into original programming, we think the time is right to learn more about how our members value games.”</i>  In its cursory overview of the competitive landscape, Netflix pointed out mergers like WarnerMedia/<a href=\"https://laohu8.com/S/DISCA\">Discovery</a>, saying they “don’t believe this consolidation has affected our growth much, if at all.” The company also noted that while it’s always evaluating merger opportunities: “We don’t view any assets as ‘must-have’ and we haven’t yet found any large scale ones to be sufficiently compelling to act upon.”</p><p><blockquote><i>“在我们早期围绕互动性（如《黑镜抢劫案》）和《怪奇物语》游戏的基础上，我们还处于进一步向游戏扩张的早期阶段。我们将游戏视为我们的另一个新内容类别，类似于我们向原创电影、动画和无剧本电视的扩张。</i><i><b>游戏将免费包含在会员的 Netflix 订阅中，类似于电影和剧集</b></i><i>. 最初，我们将主要关注移动设备游戏。我们一如既往地对我们的电影和电视剧产品感到兴奋，我们预计我们现有的所有内容类别都将有很长的时间来增加投资和增长，但由于我们推进原创节目已经近十年了，我们认为现在是时候更多地了解我们的会员如何看待游戏了。</i>在对竞争格局的粗略概述中，Netflix 指出了华纳媒体/<a href=\"https://laohu8.com/S/DISCA\">发现</a>他们 “不认为这次合并对我们的增长产生了太大影响，如果有的话”。该公司还指出，虽然它一直在评估合并机会： “我们不认为任何资产是'必须拥有'的，我们还没有发现任何大规模的资产足以令人信服地采取行动”。</blockquote></p><p> There was more bad news in NFLX cash flow, which after last quarter's surge reversed again, and dropped by $175 million, vs a positive cash flow of $899 million a year ago. NFLX notes that it is \"still expecting full year 2021 free cash flow to be approximately break even.\" The company also believes it no longer needs to raise external financing to fund our day-to-day operations. We'll see if at least that promise pans out.</p><p><blockquote>NFLX 现金流还有更多坏消息，在上季度激增后再次逆转，下降了 1.75 亿美元，而去年同期为正现金流 8.99 亿美元。NFLX 指出，它“仍然预计 2021 年全年自由现金流将大致达到收支平衡”。本公司亦认为不再需要筹集外部融资来资助我们的日常运营。我们会看看这个承诺是否会实现。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/4ceb3aed0130e94558eb4acfb4ed6369\" tg-width=\"1022\" tg-height=\"676\" referrerpolicy=\"no-referrer\">In other news, during Q2, NFLX increased its revolving credit facility (which remains undrawn) to $1 billion from $750 million and extended the maturity from 2024 to 2026. The company also repurchased 1 million shares for $500 million (at an average per share price of about $500) under our $5 billion share authorization: the company said its \"main priority is to invest in the organic growth of our business while maintaining strong liquidity and retaining financial flexibility for strategic investments.\"</p><p><blockquote>其他新闻方面，在第二季度，NFLX 将其循环信贷额度（仍未提取）从 7.5 亿美元增加到 10 亿美元，并将期限从 2024 年延长至 2026 年。该公司还根据我们 50 亿美元的股票授权，以 5 亿美元（平均每股价格约为 500 美元）回购了 100 万股股票：该公司表示，其“主要优先事项是投资于我们业务的有机增长，同时保持强劲的流动性并保持战略投资的财务灵活性。”</blockquote></p><p> After all that, the market was unimpressed but it could have been worse: after initially plunging below $500 briefly, the stock has since stabilized down 2% around $515. Among stocks that are down in sympathy, video-streaming platform Roku falls 1.4%.</p><p><blockquote>毕竟，市场并没有留下深刻印象，但情况可能会更糟：在最初短暂跌破 500 美元后，该股此后已下跌 2%，稳定在 515 美元左右。在同情心下跌的股票中，视频流平台Roku下跌 1.4%。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/cd7e85e2830bd58f17652f92dedb29b4\" tg-width=\"1280\" tg-height=\"663\" referrerpolicy=\"no-referrer\">Netflix Slides&nbsp;in&nbsp;premarket&nbsp;trading.</p><p><blockquote>Netflix 盘前交易下滑。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/304dae8666ce15371c9686fbd96d32bb\" tg-width=\"704\" tg-height=\"486\" width=\"100%\" height=\"auto\"></p><p><blockquote></blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.zerohedge.com/markets/netflix-slides-after-subscriber-guidance-misses-estimates\">zerohedge</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"QNETCN":"纳斯达克中美互联网老虎指数","NFLX":"奈飞","GUID":"Guident"},"source_url":"https://www.zerohedge.com/markets/netflix-slides-after-subscriber-guidance-misses-estimates","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1183563723","content_text":"Recent earnings reports from streaming giant Netflix have been a mixed bag: the stock tumbled three quarters ago when the company reported earnings for its first full \"post Corona\" quarter and warned that\"growth is slowing\",before againplunging three quarters agowhen the company reported a huge miss in both EPS and new subs, which at 2.2 million was tied for the worst quarter in the past five years, while also reporting a worse than expected outlook for the current quarter. This reversedtwo quarters agowhen Netflix reported a blowout subscriber beat and projected it would soon be cash flow positive, sending its stock soaring to an all time high - if only briefly before again reversing and then tumblinglast quarterwhen Netflix again disappointed when it reported a huge subscriber miss and giving dismal guidance.\nWhich brings us to today, when investors are on edge today to find out not whether the company would beat or miss expectations, but rather if the slowdown CEO Reed Hastings warned about is for real and has pulled forward even more subscribers due to covid? After all, Netflix has been warning for months that growth would slow in 2021 compared to the phenomenal signup rate at the start of the pandemic lockdown last year. And yes, brace for a huge base effect hit:in the second quarter of 2020, the service added 10 million new customers, second only to the 15.77 million it added in the record first quarter of 2020.\nTo be sure, despite a series of hit or miss earnings, the company has been riding a wave of optimism, its stock soaring in early 2021. Still, after hitting to a record high in January, the stock has traded rangbeound, unable to break out to a new high, for the past seven months. And while there’s no doubt that viewership has surged during the Covid-19 lockdowns in the U.S. and much of the world, there are complications: the virus has brought TV and film production to a halt, a situation that may only get more dire for Netflix as the months wear on. But the biggest question remainshow many future subs has covid brought to the present, and tied to that - will the panic over the Delta strain lead to another mini burst in subscribers in the coming quater(s)?\nIndicatively, consensus expects just 1.12 million new subscribers to be added in the second quarter, just above the company's own projection of 1 million new subs. Revenue are expected to come in at $7.32 billion, up from $7.16 billion last quarter, and resulting in EPS of $3.36, down slightly from last quarter's $3.75. This, as streaming video remains on a hot streak since the pandemic struck.\nPreviewing the quarterly result, Bloomberg Intelligence analysts Geetha Ranganathan and Amine Bensaid cautioned that Netflix’s massive 2020 is leading to more muted subscriber gains this year: \"Netflix will continue to feel the aftereffects of a super-charged 1H20, with a massive pull-forward of demand prompting tempered expectations for 1 million additions in 2Q, its lowest quarterly level since 4Q11. The pull-forward may have also been amplified by price increases and pent-up demand for outdoor entertainment leading to uncertainty in 3Q guidance, though the return of several high-profile titles (‘Witcher,’ ‘Cobra Kai,’ ‘You’ and ‘Money Heist’) will be a clear catalyst for normalizing subscriber gains from 4Q and into 2022.\"\nLightShed Partners media analyst Rich Greenfield published what he sees as the key questions Netflix investors should ask management after its earnings report. Among them are when Netflix’s subscriber growth will normalize, whether India can be a meaningful driver of profitability, and where the company sees opportunities in video games. Greenfield asks: “Is the goal to leverage IP you create for TV/film or create original video game IP that can be leveraged into TV/film production?”\nAnother thing to watch out for is how a slowdown in production last year is affecting the service. The filming of new shows and movies basically came to a standstill in early 2020, which curbed output in the following months.\n* * *\nSo with all that in mind, was Q2 the quarter that would finally unleash another repricing higher for Netflix stock?Alas, it would again not be this time because despite beating on the top line, and adding more subscribers than expected, the company missed on EPS andagainreported another dismal quarterly guidance which came in well below expectations (full letter to shareholders).\nFirst, the good news:\n\nQ2 revenue $7.34B,beatingEst. $7.32B\nQ2 Streaming Paid Net Change +1.54M,beatingEst. +1.12M\nOperating margin of 25.2% came in on top of estiamtes of 25.2%\n\nAnd then the bad news:\n\nQ2 EPS $2.97 missing consensus Est. $3.14\nCompany sees Q3 Streaming Paid Net Change +3.50M, far below the Wall Street estimate of +5.86M\n\nJust as bad,the company reported its first decline in US/Canada paid subscribers, which shrank by 430K to 73.95MM. This was the first time NFLX lost customers domestically since 2019.\nIn other words, while q2 revenue rose 19% and operating income rose 36%,shares tumbled after its third-quarter subscriber forecast missed estimates.\nHere is the full breakdown of Q2 subs which saw a drop in US/Canada paid subs:\n\nUCAN streaming paid net change -430,000, estimate +52,190\nEMEA streaming paid net change +190,000, estimate +429,335\nLATAM streaming paid net change +760,000, estimate +128,719\nAPAC streaming paid net change +1.02 million, estimate +524,900\nTotal Streaming paid net change +1.54 million, estimate +1.12 million (Bloomberg Consensus)\n\nAnd visually:\nCommenting on the Q2 results, NFLX said that revenue growth was driven by an 11% increase in average paid streaming memberships and 8% growth in average revenue per membership (ARM). “COVID has created some lumpiness in our membership growth (higher growth in 2020, slower growth this year), which is working its way through.”\nA more detailed breakdown of why the company continues to see \"choppiness\" in its earnings:\n\n\"The pandemic has created unusual choppiness in our growth and distorts year-over-year comparisons as acquisition and engagement per member household spiked in the early months of COVID. In Q2’21, our engagement per member household was, as expected, down vs. those unprecedented levels but was still up 17% compared with a more comparable Q2’19. Similarly, retention continues to be strong and better than pre-COVID Q2’19 levels, even as average revenue per membership has grown 8% over this two-year period, demonstrating how much our members value Netflix and that as we improve our service we can charge a bit more. \"\n\nNFLX also said that it added 1.5m paid memberships in Q2, \"slightly ahead of our 1.0m guidance forecast\"with the APAC region representing about two-thirds of global paid net adds in the quarter. Meanwhile, as noted above,Q2 paid memberships in the UCAN region were down sequentially (-0.4m paid net adds):\"We believe our large membership base in UCAN coupled with a seasonally smaller quarter for acquisition is the main reason for this dynamic. This is similar to what we experienced in Q2’19 when our UCAN paid net adds were -0.1m; since then we’ve added nearly 7.5m paid net adds in UCAN\"\nThis means that the covid pandemic in 2020 pulled forward so many subs that 2021 is shaping up to be the wirst year since at least 2016.\nUnderstandably, now that companies are comping to 2019 not to 2020 (for the dismal base effect), Netflix is urging investors to compare this year to 2019 and not to the same quarter a year ago (when the pandemic boosted subscriber growth). Oddly the company had no problem comparing 2020 to 2019 when the numbers were in its favor, but we digress... The company points out that user engagement per member household was down in the second quarter compared with “those unprecedented levels” of 2020, but it was up 17% “compared with a more comparable Q2’19.”\nPerhaps in an attempt to divert attention from (lack of) subscriber growth, Netflix said it was making good on its promise back in 2016 to steadily grow its operating margin. The streaming giant is targeting a 20% operating margin for 2021.\nSome more details here:\n\n“Assuming we achieve our margin target this year, we will have quintupled our operating margin in the last five years and are tracking ahead of this average annual three percentage point pace..\n.. With revenue and margin both increasing, our operating profit dollars have risen dramatically as well (even as we have been investing heavily), from about $100 million per quarter in 2016 to nearly $2 billion per quarter so far in 2021.\n\nBut while shareholders may excuse the decline in US subs, they were not happy with the company's overall guidance,where it now sees just 3.5 million new subs in Q3, far below the 5.86 million expected.\n* * *\nLooking at its content slate, Netflix said it would be light in the first half due to Covid. The company is now playing catch-up, with spending on new TV shows and movies up 41% to $8 billion in the first half. The company is targeting $12 billion in content spending for the year, a 12% bump, to wit:\n\nThrough the first half of 2021 we’ve already spent $8 billion in cash on content (up 41% yr-over-yr and 1.4x our content amortization)\nand we expect content amortization to be around $12 billion for the full year (+12% year over year). Our Q3 slate will include new seasons of fan favorites La Casa de Papel (aka Money Heist), Sex Education, Virgin River and Never Have I Ever as well as live action films including Sweet Girl (starring Jason Momoa), Kissing Booth 3, and Kate (starring Mary Elizabeth Winstead) and the animated feature film Vivo, featuring all-new songs from Lin-Manuel Miranda.\n\nNetflix offers shared some more details on its upcoming entrance into the gaming arena:\n\n“We’re also in the early stages of further expanding into games, building on our earlier efforts around interactivity (e.g., Black Mirror Bandersnatch) and our Stranger Things games. We view gaming as another new content category for us, similar to our expansion into original films, animation and unscripted TV.\nGames will be included in members’ Netflix subscription at no additional cost, similar to films and series\n. Initially, we’ll be primarily focused on games for mobile devices. We’re excited as ever about our movies and TV series offering and we expect a long runway of increasing investment and growth across all of our existing content categories, but since we are nearly a decade into our push into original programming, we think the time is right to learn more about how our members value games.”\n\nIn its cursory overview of the competitive landscape, Netflix pointed out mergers like WarnerMedia/Discovery, saying they “don’t believe this consolidation has affected our growth much, if at all.” The company also noted that while it’s always evaluating merger opportunities: “We don’t view any assets as ‘must-have’ and we haven’t yet found any large scale ones to be sufficiently compelling to act upon.”\nThere was more bad news in NFLX cash flow, which after last quarter's surge reversed again, and dropped by $175 million, vs a positive cash flow of $899 million a year ago. NFLX notes that it is \"still expecting full year 2021 free cash flow to be approximately break even.\" The company also believes it no longer needs to raise external financing to fund our day-to-day operations. We'll see if at least that promise pans out.\nIn other news, during Q2, NFLX increased its revolving credit facility (which remains undrawn) to $1 billion from $750 million and extended the maturity from 2024 to 2026. The company also repurchased 1 million shares for $500 million (at an average per share price of about $500) under our $5 billion share authorization: the company said its \"main priority is to invest in the organic growth of our business while maintaining strong liquidity and retaining financial flexibility for strategic investments.\"\nAfter all that, the market was unimpressed but it could have been worse: after initially plunging below $500 briefly, the stock has since stabilized down 2% around $515. Among stocks that are down in sympathy, video-streaming platform Roku falls 1.4%.\nNetflix Slides in premarket trading.","news_type":1,"symbols_score_info":{"QNETCN":0.9,"GUID":0.9,"NFLX":0.9}},"isVote":1,"tweetType":1,"viewCount":1127,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":176954570,"gmtCreate":1626856706790,"gmtModify":1633770368649,"author":{"id":"3580216654548696","authorId":"3580216654548696","name":"yct","avatar":"https://static.tigerbbs.com/fc8d88e888d52a12790f96349bf44387","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3580216654548696","idStr":"3580216654548696"},"themes":[],"title":"","htmlText":"Pls like and comment&nbsp;","listText":"Pls like and comment&nbsp;","text":"Pls like and comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/176954570","repostId":"1183563723","repostType":4,"repost":{"id":"1183563723","kind":"news","pubTimestamp":1626853969,"share":"https://www.laohunote.com/m/news/1183563723?lang=zh_CN&edition=full","pubTime":"2021-07-21 15:52","market":"us","language":"en","title":"Netflix Slides After Subscriber Guidance Misses Estimates<blockquote>订户指导未达到预期后 Netflix 下滑</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1183563723","media":"zerohedge","summary":"Recent earnings reports from streaming giant $Netflix$ have been a mixed bag: the stock tumbled three quarters ago when the company reported earnings for its first full \"post Corona\" quarter and warned that\"growth is slowing\",before againplunging three quarters agowhen the company reported a huge miss in both EPS and new subs, which at 2.2 million was tied for the worst quarter in the past five years, while also reporting a worse than expected outlook for the current quarter. This reversedtwo qu","content":"<p>Recent earnings reports from streaming giant <a href=\"https://laohu8.com/S/NFLX\">Netflix</a> have been a mixed bag: the stock tumbled three quarters ago when the company reported earnings for its first full \"post Corona\" quarter and warned that<i>\"growth is slowing\",</i>before againplunging three quarters agowhen the company reported a huge miss in both EPS and new subs, which at 2.2 million was tied for the worst quarter in the past five years, while also reporting a worse than expected outlook for the current quarter. This reversedtwo quarters agowhen Netflix reported a blowout subscriber beat and projected it would soon be cash flow positive, sending its stock soaring to an all time high - if only briefly before again reversing and then tumblinglast quarterwhen Netflix again disappointed when it reported a huge subscriber miss and giving dismal guidance.</p><p><blockquote>流媒体巨头最近的收益报告<a href=\"https://laohu8.com/S/NFLX\">网飞</a>喜忧参半：三个季度前，当该公司报告其第一个完整的“后新冠”季度收益并警告称，该股暴跌<i>“增长正在放缓”，</i>三个季度前再次暴跌，当时该公司报告每股收益和新订阅量均大幅下滑，为 220 万份，并列过去五年来最糟糕的季度，同时本季度的前景也比预期更差。两个季度前，当 Netflix 报告用户数量激增并预计现金流很快就会为正时，这种情况发生了逆转，导致其股价飙升至历史新高——哪怕只是短暂的，然后在上个季度再次逆转，然后暴跌时，Netflix 再次令人失望，当时它报告了巨大的用户失误并给出了令人沮丧的指导。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/04fe65be48d8a2ae27f38c5f2f476d77\" tg-width=\"1223\" tg-height=\"670\" referrerpolicy=\"no-referrer\">Which brings us to today, when investors are on edge today to find out not whether the company would beat or miss expectations, but rather if the slowdown CEO Reed Hastings warned about is for real and has pulled forward even more subscribers due to covid? After all, Netflix has been warning for months that growth would slow in 2021 compared to the phenomenal signup rate at the start of the pandemic lockdown last year. And yes, brace for a huge base effect hit:<i>in the second quarter of 2020, the service added 10 million new customers, second only to the 15.77 million it added in the record first quarter of 2020.</i></p><p><blockquote>这就把我们带到了今天，投资者今天很紧张，不是要弄清楚该公司是否会超出或低于预期，而是要弄清楚首席执行官里德·黑斯廷斯（Reed Hastings）警告的经济放缓是否是真实的，并且由于covid而吸引了更多的订户？毕竟，Netflix 几个月来一直警告称，与去年疫情封锁开始时惊人的注册率相比，2021 年的增长将会放缓。是的，准备好迎接巨大的基地效果打击：<i>2020年第二季度，该服务新增了1000万客户，仅次于2020年第一季度创纪录的1577万客户。</i></blockquote></p><p> To be sure, despite a series of hit or miss earnings, the company has been riding a wave of optimism, its stock soaring in early 2021. Still, after hitting to a record high in January, the stock has traded rangbeound, unable to break out to a new high, for the past seven months. And while there’s no doubt that viewership has surged during the Covid-19 lockdowns in the U.S. and much of the world, there are complications: the virus has brought TV and film production to a halt, a situation that may only get more dire for Netflix as the months wear on. But the biggest question remains<b>how many future subs has covid brought to the present, and tied to that - will the panic over the Delta strain lead to another mini burst in subscribers in the coming quater(s)?</b></p><p><blockquote>可以肯定的是，尽管盈利出现了一系列波动，但该公司一直乘着乐观浪潮，其股价在 2021 年初飙升。尽管如此，在一月份创下历史新高后，该股在过去七个月里一直波动，未能突破新高。毫无疑问，在美国和世界大部分地区的 Covid-19 封锁期间，收视率激增，但也存在一些复杂情况： 病毒使电视和电影制作陷入停滞，随着时间的推移，这种情况对 Netflix 来说只会变得更加糟糕。但最大的问题仍然是<b>covid给现在带来了多少未来的潜艇，与此相关的是——对Delta菌株的恐慌会导致未来几个季度的用户再次小规模爆发吗？</b></blockquote></p><p> Indicatively, consensus expects just 1.12 million new subscribers to be added in the second quarter, just above the company's own projection of 1 million new subs. Revenue are expected to come in at $7.32 billion, up from $7.16 billion last quarter, and resulting in EPS of $3.36, down slightly from last quarter's $3.75. This, as streaming video remains on a hot streak since the pandemic struck.</p><p><blockquote>值得注意的是，共识预计第二季度仅新增 112 万用户，略高于该公司自己预测的 100 万新用户。收入预计为 73.2 亿美元，高于上一季度的 71.6 亿美元，每股收益为 3.36 美元，略低于上一季度的 3.75 美元。这是因为自疫情袭击以来，流媒体视频仍然火爆。</blockquote></p><p> Previewing the quarterly result, Bloomberg Intelligence analysts Geetha Ranganathan and Amine Bensaid cautioned that Netflix’s massive 2020 is leading to more muted subscriber gains this year: \"Netflix will continue to feel the aftereffects of a super-charged 1H20, with a massive pull-forward of demand prompting tempered expectations for 1 million additions in 2Q, its lowest quarterly level since 4Q11. The pull-forward may have also been amplified by price increases and pent-up demand for outdoor entertainment leading to uncertainty in 3Q guidance, though the return of several high-profile titles (‘Witcher,’ ‘Cobra Kai,’ ‘You’ and ‘Money Heist’) will be a clear catalyst for normalizing subscriber gains from 4Q and into 2022.\"</p><p><blockquote>彭博情报公司（Bloomberg Intelligence）分析师吉塔-兰加纳坦（Geetha Ranganathan）和阿明-本赛德（Amine Bensaid）在预览季度业绩时警告说，Netflix 2020 年的巨额业绩将导致今年的用户增长更加平淡： Netflix,Inc.将继续感受到 2020 年上半年超负荷运转的余波，需求的大幅拉动促使人们对第二季度新增 100 万用户的预期有所降低，这是自 2011 年第四季度以来的最低季度水平。价格上涨和户外娱乐需求被压抑，导致第三季度指引存在不确定性，但几部备受瞩目的影片（《巫师》、《眼镜蛇凯》、《你》和《金钱大劫案》）的回归将成为第四季度到 2022 年用户增长正常化的明显催化剂”。</blockquote></p><p> LightShed Partners media analyst Rich Greenfield published what he sees as the key questions Netflix investors should ask management after its earnings report. Among them are when Netflix’s subscriber growth will normalize, whether India can be a meaningful driver of profitability, and where the company sees opportunities in video games. Greenfield asks: “Is the goal to leverage IP you create for TV/film or create original video game IP that can be leveraged into TV/film production?”</p><p><blockquote>LightShed Partners 媒体分析师 Rich Greenfield 发表了他认为 Netflix 投资者在财报发布后应该向管理层提出的关键问题。其中包括 Netflix 的用户增长何时恢复正常、印度能否成为有意义的盈利驱动力，以及该公司在视频游戏领域看到的机遇。格林菲尔德问道： “目标是利用你为电视/电影创作的知识产权，还是创造可以用于电视/电影制作的原创视频游戏知识产权？”</blockquote></p><p> Another thing to watch out for is how a slowdown in production last year is affecting the service. The filming of new shows and movies basically came to a standstill in early 2020, which curbed output in the following months.</p><p><blockquote>另一件需要注意的事情是去年生产放缓如何影响服务。新节目和电影的拍摄在2020年初基本上陷入停滞，这限制了接下来几个月的产量。</blockquote></p><p> * * *</p><p><blockquote>***</blockquote></p><p> <b>So with all that in mind, was <a href=\"https://laohu8.com/S/QTWO\">Q2</a> the quarter that would finally unleash another repricing higher for Netflix stock?</b>Alas, it would again not be this time because despite beating on the top line, and adding more subscribers than expected, the company missed on EPS and<i>again</i>reported another dismal quarterly guidance which came in well below expectations (full letter to shareholders).</p><p><blockquote><b>所以考虑到这一切，<a href=\"https://laohu8.com/S/QTWO\">第二季度</a>这个季度最终会让 Netflix 股票再次重新定价？</b>唉，这次又不会了，因为尽管营收超出预期，并且增加了比预期更多的订户，但该公司的每股收益和<i>再一次</i>报告了另一份令人沮丧的季度指引，远低于预期（致股东的完整信）。</blockquote></p><p> <a href=\"https://laohu8.com/S/FBNC\">First</a>, the good news:</p><p><blockquote><a href=\"https://laohu8.com/S/FBNC\">第一</a>好消息是：</blockquote></p><p></p><p> <ul>  <li>Q2 revenue $7.34B,<i><b>beating</b></i>Est. $7.32B</li>  <li>Q2 Streaming Paid Net Change +1.54M,<i><b>beating</b></i>Est. +1.12M</li>  <li>Operating margin of 25.2% came in on top of estiamtes of 25.2%</li> </ul> And then the bad news:</p><p><blockquote><ul><li>第二季度收入$7.34B，<i><b>殴打</b></i>是的。$73.2亿美元</li><li>第二季度流媒体付费净变化+154万，<i><b>殴打</b></i>是的。+1.12万</li><li>营业利润率为 25.2%，高于预期的 25.2%</li></ul>然后是坏消息：</blockquote></p><p> <ul>  <li><b>Q2 EPS $2.97 missing consensus Est. $3.14</b></li>  <li><b>Company sees Q3 Streaming Paid Net Change +3.50M, far below the Wall Street estimate of +5.86M</b></li> </ul> <a href=\"https://laohu8.com/S/JE\">Just</a> as bad,<b>the company reported its first decline in US/Canada paid subscribers, which shrank by 430K to 73.95MM. This was the first time NFLX lost customers domestically since 2019.</b></p><p><blockquote><ul><li><b>第二季度每股收益为 2.97 美元，低于市场预期。$3.14</b></li><li><b>公司预计第三季度流媒体付费净变化为+350万，远低于华尔街预期的+586万</b></li></ul><a href=\"https://laohu8.com/S/JE\">刚刚</a>不好，<b>该公司报告称，美国/加拿大付费用户首次下降，减少了43万，至73.95毫米。这是NFLX自2019年以来首次在国内失去客户。</b></blockquote></p><p> In other words, while q2 revenue rose 19% and operating income rose 36%,<b>shares tumbled after its third-quarter subscriber forecast missed estimates.</b></p><p><blockquote>换句话说，虽然第二季度收入增长了19%，经营利润增长了36%，<b>第三季度用户预测未达到预期，股价暴跌。</b></blockquote></p><p> Here is the full breakdown of Q2 subs which saw a drop in US/Canada paid subs:</p><p><blockquote>以下是美国/加拿大付费订阅量下降的第二季度订阅量的完整明细：</blockquote></p><p> <ul>  <li><b>UCAN streaming paid net change -430,000, estimate +52,190</b></li>  <li>EMEA streaming paid net change +190,000, estimate +429,335</li>  <li>LATAM streaming paid net change +760,000, estimate +128,719</li>  <li>APAC streaming paid net change +1.02 million, estimate +524,900</li>  <li><a href=\"https://laohu8.com/S/TSS\">Total</a> Streaming paid net change +1.54 million, estimate +1.12 million (Bloomberg Consensus)</li> </ul> And visually:</p><p><blockquote><ul><li><b>UCAN 流媒体付费净变化 -430,000，预估 +52,190</b></li><li>EMEA 流媒体付费净变化 +190,000，估计 +429,335</li><li>LATAM streaming 付费净变化 +760,000，预估 +128,719</li><li>APAC streaming 付费净变化 +102 万，预计 +524,900</li><li><a href=\"https://laohu8.com/S/TSS\">总的</a>流媒体付费净变化 +154 万美元，预计 +112 万美元（彭博共识）</li></ul>和视觉上：</blockquote></p><p> <img src=\"https://static.tigerbbs.com/85f0ab057ffe490df75bde4db70226d4\" tg-width=\"863\" tg-height=\"842\" referrerpolicy=\"no-referrer\">Commenting on the Q2 results, NFLX said that revenue growth was driven by an 11% increase in average paid streaming memberships and 8% growth in average revenue per membership (ARM). “COVID has created some lumpiness in our membership growth (higher growth in 2020, slower growth this year), which is working its way through.”</p><p><blockquote>NFLX在评论第二季度业绩时表示，收入增长是由平均付费流媒体会员增加11%和平均每个会员收入（ARM）增长8%推动的。“COVID 给我们的会员增长带来了一些波动（2020 年增长较高，今年增长较慢），但这种情况正在得到解决。”</blockquote></p><p> A more detailed breakdown of why the company continues to see \"choppiness\" in its earnings:</p><p><blockquote>更详细地分析了为什么该公司的盈利持续出现“波动”：</blockquote></p><p>   <i>\"The pandemic has created unusual choppiness in our growth and distorts year-over-year comparisons as acquisition and engagement per member household spiked in the early months of COVID. In Q2’21, our engagement per member household was, as expected, down vs. those unprecedented levels but was still up 17% compared with a more comparable Q2’19. Similarly, retention continues to be strong and better than pre-COVID Q2’19 levels, even as average revenue per membership has grown 8% over this two-year period, demonstrating how much our members value Netflix and that as we improve our service we can charge a bit more. \"</i>  NFLX also said that it added 1.5m paid memberships in Q2, \"slightly ahead of our 1.0m guidance forecast\"<b>with the APAC region representing about two-thirds of global paid net adds in the quarter</b>. Meanwhile, as noted above,<b>Q2 paid memberships in the UCAN region were down sequentially (-0.4m paid net adds):</b>\"<i>We believe our large membership base in UCAN coupled with a seasonally smaller quarter for acquisition is the main reason for this dynamic. This is similar to what we experienced in Q2’19 when our UCAN paid net adds were -0.1m; since then we’ve added nearly 7.5m paid net adds in UCAN\"</i></p><p><blockquote><i>“大流行病给我们的增长带来了不同寻常的波动，并扭曲了同比比较，因为在 COVID 爆发的最初几个月，每户成员家庭的购买量和参与度激增。在 21 年第二季度，我们的每户成员家庭参与度不出所料地下降了，但与 19 年第二季度相比，仍增长了 17%。同样，尽管在这两年期间，每个会员的平均收入增长了 8%，但留存率仍然强劲，好于 2019 年第二季度的水平，这表明我们的会员是多么重视 Netflix，随着我们改善服务，我们可以收取更多的费用。”</i>NFLX 还表示，第二季度新增了 150 万付费会员，“略高于我们 100 万的指导预测”<b>本季度亚太地区约占全球付费净增加额的三分之二</b>同时，如上所述，<b>UCAN 地区第二季度付费会员数量环比下降（付费净增加 -40 万）：</b>\"<i>我们相信，我们在 UCAN 的庞大会员基础加上季节性较小的收购季度是这种动态的主要原因。这与我们在 2019 年第二季度经历的情况类似，当时我们的 UCAN 付费净增为 -10 万；从那时起，我们在 UCAN 新增了近 750 万付费净增用户”。</i></blockquote></p><p> This means that the covid pandemic in 2020 pulled forward so many subs that 2021 is shaping up to be the wirst year since at least 2016.</p><p><blockquote>这意味着2020年的covid疫情推动了如此多的潜艇，以至于2021年将成为至少自2016年以来最糟糕的一年。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/b1a78edf8126b85753fd3218713aba96\" tg-width=\"820\" tg-height=\"413\" referrerpolicy=\"no-referrer\">Understandably, now that companies are comping to 2019 not to 2020 (for the dismal base effect), Netflix is urging investors to compare this year to 2019 and not to the same quarter a year ago (when the pandemic boosted subscriber growth). Oddly the company had no problem comparing 2020 to 2019 when the numbers were in its favor, but we digress... The company points out that user engagement per member household was down in the second quarter compared with “those unprecedented levels” of 2020, but it was up 17% “compared with a more comparable Q2’19.”</p><p><blockquote>可以理解的是，现在公司的目标是 2019 年而不是 2020 年（由于基数效应令人沮丧），Netflix 敦促投资者将今年与 2019 年进行比较，而不是与一年前的同一季度（当时疫情促进了订户增长）进行比较。奇怪的是，该公司在比较2020年和2019年的数据对其有利时没有问题，但我们跑题了……该公司指出，与 2020 年 “前所未有的水平 ”相比，第二季度每个家庭成员的用户参与度有所下降，但 “与 2019 年第二季度相比 ”增长了 17%。</blockquote></p><p> Perhaps in an attempt to divert attention from (lack of) subscriber growth, Netflix said it was making good on its promise back in 2016 to steadily grow its operating margin. The streaming giant is targeting a 20% operating margin for 2021.</p><p><blockquote>也许是为了转移人们对（缺乏）用户增长的注意力，Netflix 表示，它正在兑现 2016 年的承诺，稳步增长营业利润率。这家流媒体巨头的目标是 2021 年营业利润率达到 20%。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/6f26d1f9fee9dc38cc58bff5bdc43c73\" tg-width=\"663\" tg-height=\"399\" referrerpolicy=\"no-referrer\">Some more details here:</p><p><blockquote>更多详情请点击此处：</blockquote></p><p></p><p>   <i><b>“Assuming we achieve our margin target this year, we will have quintupled our operating margin in the last five years and are tracking ahead of this average annual three percentage point pace..</b></i>   <i>.. With revenue and margin both increasing, our operating profit dollars have risen dramatically as well (even as we have been investing heavily), from about $100 million per quarter in 2016 to nearly $2 billion per quarter so far in 2021.</i>  But while shareholders may excuse the decline in US subs, they were not happy with the company's overall guidance,<b>where it now sees just 3.5 million new subs in Q3, far below the 5.86 million expected.</b></p><p><blockquote><i><b>“假设我们今年实现了利润率目标，那么在过去五年中，我们的营业利润率将增长五倍，并将比平均每年增长三个百分点。</b></i><i>..随着收入和利润率的增长，我们的营业利润也大幅上升（尽管我们一直在大量投资），从2016年的每季度约1亿美元增加到2021年迄今为止的每季度近20亿美元。</i>不过，尽管股东们可能会原谅美国潜艇销量的下降，但他们对公司的整体指引并不满意，<b>目前，第三季度新增潜艇数量仅为 350 万，远低于预期的 586 万。</b></blockquote></p><p> <img src=\"https://static.tigerbbs.com/23205a0bb2f7fde61b3ef2da7b7a56bb\" tg-width=\"856\" tg-height=\"399\" referrerpolicy=\"no-referrer\">* * *</p><p><blockquote>***</blockquote></p><p> Looking at its content slate, Netflix said it would be light in the first half due to Covid. The company is now playing catch-up, with spending on new TV shows and movies up 41% to $8 billion in the first half. The company is targeting $12 billion in content spending for the year, a 12% bump, to wit:</p><p><blockquote>从其内容清单来看，Netflix 表示，由于 Covid，上半年内容将会清淡。该公司目前正在迎头赶上，上半年新电视节目和电影的支出增长了 41%，达到 80 亿美元。该公司今年的内容支出目标是 120 亿美元，增长 12%，具体如下：</blockquote></p><p>   <i><b>Through the first half of 2021 we’ve already spent $8 billion in cash on content (up 41% yr-over-yr and 1.4x our content amortization)</b></i>   <i>and we expect content amortization to be around $12 billion for the full year (+12% year over year). Our Q3 slate will include new seasons of fan favorites La Casa de Papel (aka Money Heist), Sex Education, Virgin River and Never Have I Ever as well as live action films including Sweet Girl (starring Jason Momoa), Kissing Booth 3, and Kate (starring Mary Elizabeth Winstead) and the animated feature film Vivo, featuring all-new songs from Lin-Manuel Miranda.</i>  Netflix offers shared some more details on its upcoming entrance into the gaming arena:</p><p><blockquote><i><b>截至 2021 年上半年，我们已在内容上花费了 80 亿美元现金（同比增长 41%，是内容摊销额的 1.4 倍）。</b></i><i>我们预计全年内容摊销约为 120 亿美元（同比增长 12%）。我们的第三季度名单将包括粉丝最喜欢的《纸钞屋》（又名《金钱抢劫》）、《性教育》、《处女河》和《我从未有过》等新一季，以及真人电影，包括《甜心女孩》（由杰森·莫玛主演）、《接吻亭3》和《凯特》（由玛丽·伊丽莎白·温斯蒂德主演）和动画长片《Vivo》，其中收录了林·曼努埃尔·米兰达的全新歌曲。</i>Netflix offers 分享了有关其即将进军游戏领域的更多细节：</blockquote></p><p>   <i>“We’re also in the early stages of further expanding into games, building on our earlier efforts around interactivity (e.g., Black Mirror Bandersnatch) and our Stranger Things games. We view gaming as another new content category for us, similar to our expansion into original films, animation and unscripted TV.</i>   <i><b>Games will be included in members’ Netflix subscription at no additional cost, similar to films and series</b></i>   <i>. Initially, we’ll be primarily focused on games for mobile devices. We’re excited as ever about our movies and TV series offering and we expect a long runway of increasing investment and growth across all of our existing content categories, but since we are nearly a decade into our push into original programming, we think the time is right to learn more about how our members value games.”</i>  In its cursory overview of the competitive landscape, Netflix pointed out mergers like WarnerMedia/<a href=\"https://laohu8.com/S/DISCA\">Discovery</a>, saying they “don’t believe this consolidation has affected our growth much, if at all.” The company also noted that while it’s always evaluating merger opportunities: “We don’t view any assets as ‘must-have’ and we haven’t yet found any large scale ones to be sufficiently compelling to act upon.”</p><p><blockquote><i>“在我们早期围绕互动性（如《黑镜抢劫案》）和《怪奇物语》游戏的基础上，我们还处于进一步向游戏扩张的早期阶段。我们将游戏视为我们的另一个新内容类别，类似于我们向原创电影、动画和无剧本电视的扩张。</i><i><b>游戏将免费包含在会员的 Netflix 订阅中，类似于电影和剧集</b></i><i>. 最初，我们将主要关注移动设备游戏。我们一如既往地对我们的电影和电视剧产品感到兴奋，我们预计我们现有的所有内容类别都将有很长的时间来增加投资和增长，但由于我们推进原创节目已经近十年了，我们认为现在是时候更多地了解我们的会员如何看待游戏了。</i>在对竞争格局的粗略概述中，Netflix 指出了华纳媒体/<a href=\"https://laohu8.com/S/DISCA\">发现</a>他们 “不认为这次合并对我们的增长产生了太大影响，如果有的话”。该公司还指出，虽然它一直在评估合并机会： “我们不认为任何资产是'必须拥有'的，我们还没有发现任何大规模的资产足以令人信服地采取行动”。</blockquote></p><p> There was more bad news in NFLX cash flow, which after last quarter's surge reversed again, and dropped by $175 million, vs a positive cash flow of $899 million a year ago. NFLX notes that it is \"still expecting full year 2021 free cash flow to be approximately break even.\" The company also believes it no longer needs to raise external financing to fund our day-to-day operations. We'll see if at least that promise pans out.</p><p><blockquote>NFLX 现金流还有更多坏消息，在上季度激增后再次逆转，下降了 1.75 亿美元，而去年同期为正现金流 8.99 亿美元。NFLX 指出，它“仍然预计 2021 年全年自由现金流将大致达到收支平衡”。本公司亦认为不再需要筹集外部融资来资助我们的日常运营。我们会看看这个承诺是否会实现。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/4ceb3aed0130e94558eb4acfb4ed6369\" tg-width=\"1022\" tg-height=\"676\" referrerpolicy=\"no-referrer\">In other news, during Q2, NFLX increased its revolving credit facility (which remains undrawn) to $1 billion from $750 million and extended the maturity from 2024 to 2026. The company also repurchased 1 million shares for $500 million (at an average per share price of about $500) under our $5 billion share authorization: the company said its \"main priority is to invest in the organic growth of our business while maintaining strong liquidity and retaining financial flexibility for strategic investments.\"</p><p><blockquote>其他新闻方面，在第二季度，NFLX 将其循环信贷额度（仍未提取）从 7.5 亿美元增加到 10 亿美元，并将期限从 2024 年延长至 2026 年。该公司还根据我们 50 亿美元的股票授权，以 5 亿美元（平均每股价格约为 500 美元）回购了 100 万股股票：该公司表示，其“主要优先事项是投资于我们业务的有机增长，同时保持强劲的流动性并保持战略投资的财务灵活性。”</blockquote></p><p> After all that, the market was unimpressed but it could have been worse: after initially plunging below $500 briefly, the stock has since stabilized down 2% around $515. Among stocks that are down in sympathy, video-streaming platform Roku falls 1.4%.</p><p><blockquote>毕竟，市场并没有留下深刻印象，但情况可能会更糟：在最初短暂跌破 500 美元后，该股此后已下跌 2%，稳定在 515 美元左右。在同情心下跌的股票中，视频流平台Roku下跌 1.4%。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/cd7e85e2830bd58f17652f92dedb29b4\" tg-width=\"1280\" tg-height=\"663\" referrerpolicy=\"no-referrer\">Netflix Slides&nbsp;in&nbsp;premarket&nbsp;trading.</p><p><blockquote>Netflix 盘前交易下滑。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/304dae8666ce15371c9686fbd96d32bb\" tg-width=\"704\" tg-height=\"486\" width=\"100%\" height=\"auto\"></p><p><blockquote></blockquote></p><p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Netflix Slides After Subscriber Guidance Misses Estimates<blockquote>订户指导未达到预期后 Netflix 下滑</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\">\nNetflix Slides After Subscriber Guidance Misses Estimates<blockquote>订户指导未达到预期后 Netflix 下滑</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">zerohedge</strong><span class=\"h-time small\">2021-07-21 15:52</span>\n</p>\n</h4>\n</header>\n<article>\n<p>Recent earnings reports from streaming giant <a href=\"https://laohu8.com/S/NFLX\">Netflix</a> have been a mixed bag: the stock tumbled three quarters ago when the company reported earnings for its first full \"post Corona\" quarter and warned that<i>\"growth is slowing\",</i>before againplunging three quarters agowhen the company reported a huge miss in both EPS and new subs, which at 2.2 million was tied for the worst quarter in the past five years, while also reporting a worse than expected outlook for the current quarter. This reversedtwo quarters agowhen Netflix reported a blowout subscriber beat and projected it would soon be cash flow positive, sending its stock soaring to an all time high - if only briefly before again reversing and then tumblinglast quarterwhen Netflix again disappointed when it reported a huge subscriber miss and giving dismal guidance.</p><p><blockquote>流媒体巨头最近的收益报告<a href=\"https://laohu8.com/S/NFLX\">网飞</a>喜忧参半：三个季度前，当该公司报告其第一个完整的“后新冠”季度收益并警告称，该股暴跌<i>“增长正在放缓”，</i>三个季度前再次暴跌，当时该公司报告每股收益和新订阅量均大幅下滑，为 220 万份，并列过去五年来最糟糕的季度，同时本季度的前景也比预期更差。两个季度前，当 Netflix 报告用户数量激增并预计现金流很快就会为正时，这种情况发生了逆转，导致其股价飙升至历史新高——哪怕只是短暂的，然后在上个季度再次逆转，然后暴跌时，Netflix 再次令人失望，当时它报告了巨大的用户失误并给出了令人沮丧的指导。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/04fe65be48d8a2ae27f38c5f2f476d77\" tg-width=\"1223\" tg-height=\"670\" referrerpolicy=\"no-referrer\">Which brings us to today, when investors are on edge today to find out not whether the company would beat or miss expectations, but rather if the slowdown CEO Reed Hastings warned about is for real and has pulled forward even more subscribers due to covid? After all, Netflix has been warning for months that growth would slow in 2021 compared to the phenomenal signup rate at the start of the pandemic lockdown last year. And yes, brace for a huge base effect hit:<i>in the second quarter of 2020, the service added 10 million new customers, second only to the 15.77 million it added in the record first quarter of 2020.</i></p><p><blockquote>这就把我们带到了今天，投资者今天很紧张，不是要弄清楚该公司是否会超出或低于预期，而是要弄清楚首席执行官里德·黑斯廷斯（Reed Hastings）警告的经济放缓是否是真实的，并且由于covid而吸引了更多的订户？毕竟，Netflix 几个月来一直警告称，与去年疫情封锁开始时惊人的注册率相比，2021 年的增长将会放缓。是的，准备好迎接巨大的基地效果打击：<i>2020年第二季度，该服务新增了1000万客户，仅次于2020年第一季度创纪录的1577万客户。</i></blockquote></p><p> To be sure, despite a series of hit or miss earnings, the company has been riding a wave of optimism, its stock soaring in early 2021. Still, after hitting to a record high in January, the stock has traded rangbeound, unable to break out to a new high, for the past seven months. And while there’s no doubt that viewership has surged during the Covid-19 lockdowns in the U.S. and much of the world, there are complications: the virus has brought TV and film production to a halt, a situation that may only get more dire for Netflix as the months wear on. But the biggest question remains<b>how many future subs has covid brought to the present, and tied to that - will the panic over the Delta strain lead to another mini burst in subscribers in the coming quater(s)?</b></p><p><blockquote>可以肯定的是，尽管盈利出现了一系列波动，但该公司一直乘着乐观浪潮，其股价在 2021 年初飙升。尽管如此，在一月份创下历史新高后，该股在过去七个月里一直波动，未能突破新高。毫无疑问，在美国和世界大部分地区的 Covid-19 封锁期间，收视率激增，但也存在一些复杂情况： 病毒使电视和电影制作陷入停滞，随着时间的推移，这种情况对 Netflix 来说只会变得更加糟糕。但最大的问题仍然是<b>covid给现在带来了多少未来的潜艇，与此相关的是——对Delta菌株的恐慌会导致未来几个季度的用户再次小规模爆发吗？</b></blockquote></p><p> Indicatively, consensus expects just 1.12 million new subscribers to be added in the second quarter, just above the company's own projection of 1 million new subs. Revenue are expected to come in at $7.32 billion, up from $7.16 billion last quarter, and resulting in EPS of $3.36, down slightly from last quarter's $3.75. This, as streaming video remains on a hot streak since the pandemic struck.</p><p><blockquote>值得注意的是，共识预计第二季度仅新增 112 万用户，略高于该公司自己预测的 100 万新用户。收入预计为 73.2 亿美元，高于上一季度的 71.6 亿美元，每股收益为 3.36 美元，略低于上一季度的 3.75 美元。这是因为自疫情袭击以来，流媒体视频仍然火爆。</blockquote></p><p> Previewing the quarterly result, Bloomberg Intelligence analysts Geetha Ranganathan and Amine Bensaid cautioned that Netflix’s massive 2020 is leading to more muted subscriber gains this year: \"Netflix will continue to feel the aftereffects of a super-charged 1H20, with a massive pull-forward of demand prompting tempered expectations for 1 million additions in 2Q, its lowest quarterly level since 4Q11. The pull-forward may have also been amplified by price increases and pent-up demand for outdoor entertainment leading to uncertainty in 3Q guidance, though the return of several high-profile titles (‘Witcher,’ ‘Cobra Kai,’ ‘You’ and ‘Money Heist’) will be a clear catalyst for normalizing subscriber gains from 4Q and into 2022.\"</p><p><blockquote>彭博情报公司（Bloomberg Intelligence）分析师吉塔-兰加纳坦（Geetha Ranganathan）和阿明-本赛德（Amine Bensaid）在预览季度业绩时警告说，Netflix 2020 年的巨额业绩将导致今年的用户增长更加平淡： Netflix,Inc.将继续感受到 2020 年上半年超负荷运转的余波，需求的大幅拉动促使人们对第二季度新增 100 万用户的预期有所降低，这是自 2011 年第四季度以来的最低季度水平。价格上涨和户外娱乐需求被压抑，导致第三季度指引存在不确定性，但几部备受瞩目的影片（《巫师》、《眼镜蛇凯》、《你》和《金钱大劫案》）的回归将成为第四季度到 2022 年用户增长正常化的明显催化剂”。</blockquote></p><p> LightShed Partners media analyst Rich Greenfield published what he sees as the key questions Netflix investors should ask management after its earnings report. Among them are when Netflix’s subscriber growth will normalize, whether India can be a meaningful driver of profitability, and where the company sees opportunities in video games. Greenfield asks: “Is the goal to leverage IP you create for TV/film or create original video game IP that can be leveraged into TV/film production?”</p><p><blockquote>LightShed Partners 媒体分析师 Rich Greenfield 发表了他认为 Netflix 投资者在财报发布后应该向管理层提出的关键问题。其中包括 Netflix 的用户增长何时恢复正常、印度能否成为有意义的盈利驱动力，以及该公司在视频游戏领域看到的机遇。格林菲尔德问道： “目标是利用你为电视/电影创作的知识产权，还是创造可以用于电视/电影制作的原创视频游戏知识产权？”</blockquote></p><p> Another thing to watch out for is how a slowdown in production last year is affecting the service. The filming of new shows and movies basically came to a standstill in early 2020, which curbed output in the following months.</p><p><blockquote>另一件需要注意的事情是去年生产放缓如何影响服务。新节目和电影的拍摄在2020年初基本上陷入停滞，这限制了接下来几个月的产量。</blockquote></p><p> * * *</p><p><blockquote>***</blockquote></p><p> <b>So with all that in mind, was <a href=\"https://laohu8.com/S/QTWO\">Q2</a> the quarter that would finally unleash another repricing higher for Netflix stock?</b>Alas, it would again not be this time because despite beating on the top line, and adding more subscribers than expected, the company missed on EPS and<i>again</i>reported another dismal quarterly guidance which came in well below expectations (full letter to shareholders).</p><p><blockquote><b>所以考虑到这一切，<a href=\"https://laohu8.com/S/QTWO\">第二季度</a>这个季度最终会让 Netflix 股票再次重新定价？</b>唉，这次又不会了，因为尽管营收超出预期，并且增加了比预期更多的订户，但该公司的每股收益和<i>再一次</i>报告了另一份令人沮丧的季度指引，远低于预期（致股东的完整信）。</blockquote></p><p> <a href=\"https://laohu8.com/S/FBNC\">First</a>, the good news:</p><p><blockquote><a href=\"https://laohu8.com/S/FBNC\">第一</a>好消息是：</blockquote></p><p></p><p> <ul>  <li>Q2 revenue $7.34B,<i><b>beating</b></i>Est. $7.32B</li>  <li>Q2 Streaming Paid Net Change +1.54M,<i><b>beating</b></i>Est. +1.12M</li>  <li>Operating margin of 25.2% came in on top of estiamtes of 25.2%</li> </ul> And then the bad news:</p><p><blockquote><ul><li>第二季度收入$7.34B，<i><b>殴打</b></i>是的。$73.2亿美元</li><li>第二季度流媒体付费净变化+154万，<i><b>殴打</b></i>是的。+1.12万</li><li>营业利润率为 25.2%，高于预期的 25.2%</li></ul>然后是坏消息：</blockquote></p><p> <ul>  <li><b>Q2 EPS $2.97 missing consensus Est. $3.14</b></li>  <li><b>Company sees Q3 Streaming Paid Net Change +3.50M, far below the Wall Street estimate of +5.86M</b></li> </ul> <a href=\"https://laohu8.com/S/JE\">Just</a> as bad,<b>the company reported its first decline in US/Canada paid subscribers, which shrank by 430K to 73.95MM. This was the first time NFLX lost customers domestically since 2019.</b></p><p><blockquote><ul><li><b>第二季度每股收益为 2.97 美元，低于市场预期。$3.14</b></li><li><b>公司预计第三季度流媒体付费净变化为+350万，远低于华尔街预期的+586万</b></li></ul><a href=\"https://laohu8.com/S/JE\">刚刚</a>不好，<b>该公司报告称，美国/加拿大付费用户首次下降，减少了43万，至73.95毫米。这是NFLX自2019年以来首次在国内失去客户。</b></blockquote></p><p> In other words, while q2 revenue rose 19% and operating income rose 36%,<b>shares tumbled after its third-quarter subscriber forecast missed estimates.</b></p><p><blockquote>换句话说，虽然第二季度收入增长了19%，经营利润增长了36%，<b>第三季度用户预测未达到预期，股价暴跌。</b></blockquote></p><p> Here is the full breakdown of Q2 subs which saw a drop in US/Canada paid subs:</p><p><blockquote>以下是美国/加拿大付费订阅量下降的第二季度订阅量的完整明细：</blockquote></p><p> <ul>  <li><b>UCAN streaming paid net change -430,000, estimate +52,190</b></li>  <li>EMEA streaming paid net change +190,000, estimate +429,335</li>  <li>LATAM streaming paid net change +760,000, estimate +128,719</li>  <li>APAC streaming paid net change +1.02 million, estimate +524,900</li>  <li><a href=\"https://laohu8.com/S/TSS\">Total</a> Streaming paid net change +1.54 million, estimate +1.12 million (Bloomberg Consensus)</li> </ul> And visually:</p><p><blockquote><ul><li><b>UCAN 流媒体付费净变化 -430,000，预估 +52,190</b></li><li>EMEA 流媒体付费净变化 +190,000，估计 +429,335</li><li>LATAM streaming 付费净变化 +760,000，预估 +128,719</li><li>APAC streaming 付费净变化 +102 万，预计 +524,900</li><li><a href=\"https://laohu8.com/S/TSS\">总的</a>流媒体付费净变化 +154 万美元，预计 +112 万美元（彭博共识）</li></ul>和视觉上：</blockquote></p><p> <img src=\"https://static.tigerbbs.com/85f0ab057ffe490df75bde4db70226d4\" tg-width=\"863\" tg-height=\"842\" referrerpolicy=\"no-referrer\">Commenting on the Q2 results, NFLX said that revenue growth was driven by an 11% increase in average paid streaming memberships and 8% growth in average revenue per membership (ARM). “COVID has created some lumpiness in our membership growth (higher growth in 2020, slower growth this year), which is working its way through.”</p><p><blockquote>NFLX在评论第二季度业绩时表示，收入增长是由平均付费流媒体会员增加11%和平均每个会员收入（ARM）增长8%推动的。“COVID 给我们的会员增长带来了一些波动（2020 年增长较高，今年增长较慢），但这种情况正在得到解决。”</blockquote></p><p> A more detailed breakdown of why the company continues to see \"choppiness\" in its earnings:</p><p><blockquote>更详细地分析了为什么该公司的盈利持续出现“波动”：</blockquote></p><p>   <i>\"The pandemic has created unusual choppiness in our growth and distorts year-over-year comparisons as acquisition and engagement per member household spiked in the early months of COVID. In Q2’21, our engagement per member household was, as expected, down vs. those unprecedented levels but was still up 17% compared with a more comparable Q2’19. Similarly, retention continues to be strong and better than pre-COVID Q2’19 levels, even as average revenue per membership has grown 8% over this two-year period, demonstrating how much our members value Netflix and that as we improve our service we can charge a bit more. \"</i>  NFLX also said that it added 1.5m paid memberships in Q2, \"slightly ahead of our 1.0m guidance forecast\"<b>with the APAC region representing about two-thirds of global paid net adds in the quarter</b>. Meanwhile, as noted above,<b>Q2 paid memberships in the UCAN region were down sequentially (-0.4m paid net adds):</b>\"<i>We believe our large membership base in UCAN coupled with a seasonally smaller quarter for acquisition is the main reason for this dynamic. This is similar to what we experienced in Q2’19 when our UCAN paid net adds were -0.1m; since then we’ve added nearly 7.5m paid net adds in UCAN\"</i></p><p><blockquote><i>“大流行病给我们的增长带来了不同寻常的波动，并扭曲了同比比较，因为在 COVID 爆发的最初几个月，每户成员家庭的购买量和参与度激增。在 21 年第二季度，我们的每户成员家庭参与度不出所料地下降了，但与 19 年第二季度相比，仍增长了 17%。同样，尽管在这两年期间，每个会员的平均收入增长了 8%，但留存率仍然强劲，好于 2019 年第二季度的水平，这表明我们的会员是多么重视 Netflix，随着我们改善服务，我们可以收取更多的费用。”</i>NFLX 还表示，第二季度新增了 150 万付费会员，“略高于我们 100 万的指导预测”<b>本季度亚太地区约占全球付费净增加额的三分之二</b>同时，如上所述，<b>UCAN 地区第二季度付费会员数量环比下降（付费净增加 -40 万）：</b>\"<i>我们相信，我们在 UCAN 的庞大会员基础加上季节性较小的收购季度是这种动态的主要原因。这与我们在 2019 年第二季度经历的情况类似，当时我们的 UCAN 付费净增为 -10 万；从那时起，我们在 UCAN 新增了近 750 万付费净增用户”。</i></blockquote></p><p> This means that the covid pandemic in 2020 pulled forward so many subs that 2021 is shaping up to be the wirst year since at least 2016.</p><p><blockquote>这意味着2020年的covid疫情推动了如此多的潜艇，以至于2021年将成为至少自2016年以来最糟糕的一年。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/b1a78edf8126b85753fd3218713aba96\" tg-width=\"820\" tg-height=\"413\" referrerpolicy=\"no-referrer\">Understandably, now that companies are comping to 2019 not to 2020 (for the dismal base effect), Netflix is urging investors to compare this year to 2019 and not to the same quarter a year ago (when the pandemic boosted subscriber growth). Oddly the company had no problem comparing 2020 to 2019 when the numbers were in its favor, but we digress... The company points out that user engagement per member household was down in the second quarter compared with “those unprecedented levels” of 2020, but it was up 17% “compared with a more comparable Q2’19.”</p><p><blockquote>可以理解的是，现在公司的目标是 2019 年而不是 2020 年（由于基数效应令人沮丧），Netflix 敦促投资者将今年与 2019 年进行比较，而不是与一年前的同一季度（当时疫情促进了订户增长）进行比较。奇怪的是，该公司在比较2020年和2019年的数据对其有利时没有问题，但我们跑题了……该公司指出，与 2020 年 “前所未有的水平 ”相比，第二季度每个家庭成员的用户参与度有所下降，但 “与 2019 年第二季度相比 ”增长了 17%。</blockquote></p><p> Perhaps in an attempt to divert attention from (lack of) subscriber growth, Netflix said it was making good on its promise back in 2016 to steadily grow its operating margin. The streaming giant is targeting a 20% operating margin for 2021.</p><p><blockquote>也许是为了转移人们对（缺乏）用户增长的注意力，Netflix 表示，它正在兑现 2016 年的承诺，稳步增长营业利润率。这家流媒体巨头的目标是 2021 年营业利润率达到 20%。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/6f26d1f9fee9dc38cc58bff5bdc43c73\" tg-width=\"663\" tg-height=\"399\" referrerpolicy=\"no-referrer\">Some more details here:</p><p><blockquote>更多详情请点击此处：</blockquote></p><p></p><p>   <i><b>“Assuming we achieve our margin target this year, we will have quintupled our operating margin in the last five years and are tracking ahead of this average annual three percentage point pace..</b></i>   <i>.. With revenue and margin both increasing, our operating profit dollars have risen dramatically as well (even as we have been investing heavily), from about $100 million per quarter in 2016 to nearly $2 billion per quarter so far in 2021.</i>  But while shareholders may excuse the decline in US subs, they were not happy with the company's overall guidance,<b>where it now sees just 3.5 million new subs in Q3, far below the 5.86 million expected.</b></p><p><blockquote><i><b>“假设我们今年实现了利润率目标，那么在过去五年中，我们的营业利润率将增长五倍，并将比平均每年增长三个百分点。</b></i><i>..随着收入和利润率的增长，我们的营业利润也大幅上升（尽管我们一直在大量投资），从2016年的每季度约1亿美元增加到2021年迄今为止的每季度近20亿美元。</i>不过，尽管股东们可能会原谅美国潜艇销量的下降，但他们对公司的整体指引并不满意，<b>目前，第三季度新增潜艇数量仅为 350 万，远低于预期的 586 万。</b></blockquote></p><p> <img src=\"https://static.tigerbbs.com/23205a0bb2f7fde61b3ef2da7b7a56bb\" tg-width=\"856\" tg-height=\"399\" referrerpolicy=\"no-referrer\">* * *</p><p><blockquote>***</blockquote></p><p> Looking at its content slate, Netflix said it would be light in the first half due to Covid. The company is now playing catch-up, with spending on new TV shows and movies up 41% to $8 billion in the first half. The company is targeting $12 billion in content spending for the year, a 12% bump, to wit:</p><p><blockquote>从其内容清单来看，Netflix 表示，由于 Covid，上半年内容将会清淡。该公司目前正在迎头赶上，上半年新电视节目和电影的支出增长了 41%，达到 80 亿美元。该公司今年的内容支出目标是 120 亿美元，增长 12%，具体如下：</blockquote></p><p>   <i><b>Through the first half of 2021 we’ve already spent $8 billion in cash on content (up 41% yr-over-yr and 1.4x our content amortization)</b></i>   <i>and we expect content amortization to be around $12 billion for the full year (+12% year over year). Our Q3 slate will include new seasons of fan favorites La Casa de Papel (aka Money Heist), Sex Education, Virgin River and Never Have I Ever as well as live action films including Sweet Girl (starring Jason Momoa), Kissing Booth 3, and Kate (starring Mary Elizabeth Winstead) and the animated feature film Vivo, featuring all-new songs from Lin-Manuel Miranda.</i>  Netflix offers shared some more details on its upcoming entrance into the gaming arena:</p><p><blockquote><i><b>截至 2021 年上半年，我们已在内容上花费了 80 亿美元现金（同比增长 41%，是内容摊销额的 1.4 倍）。</b></i><i>我们预计全年内容摊销约为 120 亿美元（同比增长 12%）。我们的第三季度名单将包括粉丝最喜欢的《纸钞屋》（又名《金钱抢劫》）、《性教育》、《处女河》和《我从未有过》等新一季，以及真人电影，包括《甜心女孩》（由杰森·莫玛主演）、《接吻亭3》和《凯特》（由玛丽·伊丽莎白·温斯蒂德主演）和动画长片《Vivo》，其中收录了林·曼努埃尔·米兰达的全新歌曲。</i>Netflix offers 分享了有关其即将进军游戏领域的更多细节：</blockquote></p><p>   <i>“We’re also in the early stages of further expanding into games, building on our earlier efforts around interactivity (e.g., Black Mirror Bandersnatch) and our Stranger Things games. We view gaming as another new content category for us, similar to our expansion into original films, animation and unscripted TV.</i>   <i><b>Games will be included in members’ Netflix subscription at no additional cost, similar to films and series</b></i>   <i>. Initially, we’ll be primarily focused on games for mobile devices. We’re excited as ever about our movies and TV series offering and we expect a long runway of increasing investment and growth across all of our existing content categories, but since we are nearly a decade into our push into original programming, we think the time is right to learn more about how our members value games.”</i>  In its cursory overview of the competitive landscape, Netflix pointed out mergers like WarnerMedia/<a href=\"https://laohu8.com/S/DISCA\">Discovery</a>, saying they “don’t believe this consolidation has affected our growth much, if at all.” The company also noted that while it’s always evaluating merger opportunities: “We don’t view any assets as ‘must-have’ and we haven’t yet found any large scale ones to be sufficiently compelling to act upon.”</p><p><blockquote><i>“在我们早期围绕互动性（如《黑镜抢劫案》）和《怪奇物语》游戏的基础上，我们还处于进一步向游戏扩张的早期阶段。我们将游戏视为我们的另一个新内容类别，类似于我们向原创电影、动画和无剧本电视的扩张。</i><i><b>游戏将免费包含在会员的 Netflix 订阅中，类似于电影和剧集</b></i><i>. 最初，我们将主要关注移动设备游戏。我们一如既往地对我们的电影和电视剧产品感到兴奋，我们预计我们现有的所有内容类别都将有很长的时间来增加投资和增长，但由于我们推进原创节目已经近十年了，我们认为现在是时候更多地了解我们的会员如何看待游戏了。</i>在对竞争格局的粗略概述中，Netflix 指出了华纳媒体/<a href=\"https://laohu8.com/S/DISCA\">发现</a>他们 “不认为这次合并对我们的增长产生了太大影响，如果有的话”。该公司还指出，虽然它一直在评估合并机会： “我们不认为任何资产是'必须拥有'的，我们还没有发现任何大规模的资产足以令人信服地采取行动”。</blockquote></p><p> There was more bad news in NFLX cash flow, which after last quarter's surge reversed again, and dropped by $175 million, vs a positive cash flow of $899 million a year ago. NFLX notes that it is \"still expecting full year 2021 free cash flow to be approximately break even.\" The company also believes it no longer needs to raise external financing to fund our day-to-day operations. We'll see if at least that promise pans out.</p><p><blockquote>NFLX 现金流还有更多坏消息，在上季度激增后再次逆转，下降了 1.75 亿美元，而去年同期为正现金流 8.99 亿美元。NFLX 指出，它“仍然预计 2021 年全年自由现金流将大致达到收支平衡”。本公司亦认为不再需要筹集外部融资来资助我们的日常运营。我们会看看这个承诺是否会实现。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/4ceb3aed0130e94558eb4acfb4ed6369\" tg-width=\"1022\" tg-height=\"676\" referrerpolicy=\"no-referrer\">In other news, during Q2, NFLX increased its revolving credit facility (which remains undrawn) to $1 billion from $750 million and extended the maturity from 2024 to 2026. The company also repurchased 1 million shares for $500 million (at an average per share price of about $500) under our $5 billion share authorization: the company said its \"main priority is to invest in the organic growth of our business while maintaining strong liquidity and retaining financial flexibility for strategic investments.\"</p><p><blockquote>其他新闻方面，在第二季度，NFLX 将其循环信贷额度（仍未提取）从 7.5 亿美元增加到 10 亿美元，并将期限从 2024 年延长至 2026 年。该公司还根据我们 50 亿美元的股票授权，以 5 亿美元（平均每股价格约为 500 美元）回购了 100 万股股票：该公司表示，其“主要优先事项是投资于我们业务的有机增长，同时保持强劲的流动性并保持战略投资的财务灵活性。”</blockquote></p><p> After all that, the market was unimpressed but it could have been worse: after initially plunging below $500 briefly, the stock has since stabilized down 2% around $515. Among stocks that are down in sympathy, video-streaming platform Roku falls 1.4%.</p><p><blockquote>毕竟，市场并没有留下深刻印象，但情况可能会更糟：在最初短暂跌破 500 美元后，该股此后已下跌 2%，稳定在 515 美元左右。在同情心下跌的股票中，视频流平台Roku下跌 1.4%。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/cd7e85e2830bd58f17652f92dedb29b4\" tg-width=\"1280\" tg-height=\"663\" referrerpolicy=\"no-referrer\">Netflix Slides&nbsp;in&nbsp;premarket&nbsp;trading.</p><p><blockquote>Netflix 盘前交易下滑。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/304dae8666ce15371c9686fbd96d32bb\" tg-width=\"704\" tg-height=\"486\" width=\"100%\" height=\"auto\"></p><p><blockquote></blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.zerohedge.com/markets/netflix-slides-after-subscriber-guidance-misses-estimates\">zerohedge</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"QNETCN":"纳斯达克中美互联网老虎指数","NFLX":"奈飞","GUID":"Guident"},"source_url":"https://www.zerohedge.com/markets/netflix-slides-after-subscriber-guidance-misses-estimates","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1183563723","content_text":"Recent earnings reports from streaming giant Netflix have been a mixed bag: the stock tumbled three quarters ago when the company reported earnings for its first full \"post Corona\" quarter and warned that\"growth is slowing\",before againplunging three quarters agowhen the company reported a huge miss in both EPS and new subs, which at 2.2 million was tied for the worst quarter in the past five years, while also reporting a worse than expected outlook for the current quarter. This reversedtwo quarters agowhen Netflix reported a blowout subscriber beat and projected it would soon be cash flow positive, sending its stock soaring to an all time high - if only briefly before again reversing and then tumblinglast quarterwhen Netflix again disappointed when it reported a huge subscriber miss and giving dismal guidance.\nWhich brings us to today, when investors are on edge today to find out not whether the company would beat or miss expectations, but rather if the slowdown CEO Reed Hastings warned about is for real and has pulled forward even more subscribers due to covid? After all, Netflix has been warning for months that growth would slow in 2021 compared to the phenomenal signup rate at the start of the pandemic lockdown last year. And yes, brace for a huge base effect hit:in the second quarter of 2020, the service added 10 million new customers, second only to the 15.77 million it added in the record first quarter of 2020.\nTo be sure, despite a series of hit or miss earnings, the company has been riding a wave of optimism, its stock soaring in early 2021. Still, after hitting to a record high in January, the stock has traded rangbeound, unable to break out to a new high, for the past seven months. And while there’s no doubt that viewership has surged during the Covid-19 lockdowns in the U.S. and much of the world, there are complications: the virus has brought TV and film production to a halt, a situation that may only get more dire for Netflix as the months wear on. But the biggest question remainshow many future subs has covid brought to the present, and tied to that - will the panic over the Delta strain lead to another mini burst in subscribers in the coming quater(s)?\nIndicatively, consensus expects just 1.12 million new subscribers to be added in the second quarter, just above the company's own projection of 1 million new subs. Revenue are expected to come in at $7.32 billion, up from $7.16 billion last quarter, and resulting in EPS of $3.36, down slightly from last quarter's $3.75. This, as streaming video remains on a hot streak since the pandemic struck.\nPreviewing the quarterly result, Bloomberg Intelligence analysts Geetha Ranganathan and Amine Bensaid cautioned that Netflix’s massive 2020 is leading to more muted subscriber gains this year: \"Netflix will continue to feel the aftereffects of a super-charged 1H20, with a massive pull-forward of demand prompting tempered expectations for 1 million additions in 2Q, its lowest quarterly level since 4Q11. The pull-forward may have also been amplified by price increases and pent-up demand for outdoor entertainment leading to uncertainty in 3Q guidance, though the return of several high-profile titles (‘Witcher,’ ‘Cobra Kai,’ ‘You’ and ‘Money Heist’) will be a clear catalyst for normalizing subscriber gains from 4Q and into 2022.\"\nLightShed Partners media analyst Rich Greenfield published what he sees as the key questions Netflix investors should ask management after its earnings report. Among them are when Netflix’s subscriber growth will normalize, whether India can be a meaningful driver of profitability, and where the company sees opportunities in video games. Greenfield asks: “Is the goal to leverage IP you create for TV/film or create original video game IP that can be leveraged into TV/film production?”\nAnother thing to watch out for is how a slowdown in production last year is affecting the service. The filming of new shows and movies basically came to a standstill in early 2020, which curbed output in the following months.\n* * *\nSo with all that in mind, was Q2 the quarter that would finally unleash another repricing higher for Netflix stock?Alas, it would again not be this time because despite beating on the top line, and adding more subscribers than expected, the company missed on EPS andagainreported another dismal quarterly guidance which came in well below expectations (full letter to shareholders).\nFirst, the good news:\n\nQ2 revenue $7.34B,beatingEst. $7.32B\nQ2 Streaming Paid Net Change +1.54M,beatingEst. +1.12M\nOperating margin of 25.2% came in on top of estiamtes of 25.2%\n\nAnd then the bad news:\n\nQ2 EPS $2.97 missing consensus Est. $3.14\nCompany sees Q3 Streaming Paid Net Change +3.50M, far below the Wall Street estimate of +5.86M\n\nJust as bad,the company reported its first decline in US/Canada paid subscribers, which shrank by 430K to 73.95MM. This was the first time NFLX lost customers domestically since 2019.\nIn other words, while q2 revenue rose 19% and operating income rose 36%,shares tumbled after its third-quarter subscriber forecast missed estimates.\nHere is the full breakdown of Q2 subs which saw a drop in US/Canada paid subs:\n\nUCAN streaming paid net change -430,000, estimate +52,190\nEMEA streaming paid net change +190,000, estimate +429,335\nLATAM streaming paid net change +760,000, estimate +128,719\nAPAC streaming paid net change +1.02 million, estimate +524,900\nTotal Streaming paid net change +1.54 million, estimate +1.12 million (Bloomberg Consensus)\n\nAnd visually:\nCommenting on the Q2 results, NFLX said that revenue growth was driven by an 11% increase in average paid streaming memberships and 8% growth in average revenue per membership (ARM). “COVID has created some lumpiness in our membership growth (higher growth in 2020, slower growth this year), which is working its way through.”\nA more detailed breakdown of why the company continues to see \"choppiness\" in its earnings:\n\n\"The pandemic has created unusual choppiness in our growth and distorts year-over-year comparisons as acquisition and engagement per member household spiked in the early months of COVID. In Q2’21, our engagement per member household was, as expected, down vs. those unprecedented levels but was still up 17% compared with a more comparable Q2’19. Similarly, retention continues to be strong and better than pre-COVID Q2’19 levels, even as average revenue per membership has grown 8% over this two-year period, demonstrating how much our members value Netflix and that as we improve our service we can charge a bit more. \"\n\nNFLX also said that it added 1.5m paid memberships in Q2, \"slightly ahead of our 1.0m guidance forecast\"with the APAC region representing about two-thirds of global paid net adds in the quarter. Meanwhile, as noted above,Q2 paid memberships in the UCAN region were down sequentially (-0.4m paid net adds):\"We believe our large membership base in UCAN coupled with a seasonally smaller quarter for acquisition is the main reason for this dynamic. This is similar to what we experienced in Q2’19 when our UCAN paid net adds were -0.1m; since then we’ve added nearly 7.5m paid net adds in UCAN\"\nThis means that the covid pandemic in 2020 pulled forward so many subs that 2021 is shaping up to be the wirst year since at least 2016.\nUnderstandably, now that companies are comping to 2019 not to 2020 (for the dismal base effect), Netflix is urging investors to compare this year to 2019 and not to the same quarter a year ago (when the pandemic boosted subscriber growth). Oddly the company had no problem comparing 2020 to 2019 when the numbers were in its favor, but we digress... The company points out that user engagement per member household was down in the second quarter compared with “those unprecedented levels” of 2020, but it was up 17% “compared with a more comparable Q2’19.”\nPerhaps in an attempt to divert attention from (lack of) subscriber growth, Netflix said it was making good on its promise back in 2016 to steadily grow its operating margin. The streaming giant is targeting a 20% operating margin for 2021.\nSome more details here:\n\n“Assuming we achieve our margin target this year, we will have quintupled our operating margin in the last five years and are tracking ahead of this average annual three percentage point pace..\n.. With revenue and margin both increasing, our operating profit dollars have risen dramatically as well (even as we have been investing heavily), from about $100 million per quarter in 2016 to nearly $2 billion per quarter so far in 2021.\n\nBut while shareholders may excuse the decline in US subs, they were not happy with the company's overall guidance,where it now sees just 3.5 million new subs in Q3, far below the 5.86 million expected.\n* * *\nLooking at its content slate, Netflix said it would be light in the first half due to Covid. The company is now playing catch-up, with spending on new TV shows and movies up 41% to $8 billion in the first half. The company is targeting $12 billion in content spending for the year, a 12% bump, to wit:\n\nThrough the first half of 2021 we’ve already spent $8 billion in cash on content (up 41% yr-over-yr and 1.4x our content amortization)\nand we expect content amortization to be around $12 billion for the full year (+12% year over year). Our Q3 slate will include new seasons of fan favorites La Casa de Papel (aka Money Heist), Sex Education, Virgin River and Never Have I Ever as well as live action films including Sweet Girl (starring Jason Momoa), Kissing Booth 3, and Kate (starring Mary Elizabeth Winstead) and the animated feature film Vivo, featuring all-new songs from Lin-Manuel Miranda.\n\nNetflix offers shared some more details on its upcoming entrance into the gaming arena:\n\n“We’re also in the early stages of further expanding into games, building on our earlier efforts around interactivity (e.g., Black Mirror Bandersnatch) and our Stranger Things games. We view gaming as another new content category for us, similar to our expansion into original films, animation and unscripted TV.\nGames will be included in members’ Netflix subscription at no additional cost, similar to films and series\n. Initially, we’ll be primarily focused on games for mobile devices. We’re excited as ever about our movies and TV series offering and we expect a long runway of increasing investment and growth across all of our existing content categories, but since we are nearly a decade into our push into original programming, we think the time is right to learn more about how our members value games.”\n\nIn its cursory overview of the competitive landscape, Netflix pointed out mergers like WarnerMedia/Discovery, saying they “don’t believe this consolidation has affected our growth much, if at all.” The company also noted that while it’s always evaluating merger opportunities: “We don’t view any assets as ‘must-have’ and we haven’t yet found any large scale ones to be sufficiently compelling to act upon.”\nThere was more bad news in NFLX cash flow, which after last quarter's surge reversed again, and dropped by $175 million, vs a positive cash flow of $899 million a year ago. NFLX notes that it is \"still expecting full year 2021 free cash flow to be approximately break even.\" The company also believes it no longer needs to raise external financing to fund our day-to-day operations. We'll see if at least that promise pans out.\nIn other news, during Q2, NFLX increased its revolving credit facility (which remains undrawn) to $1 billion from $750 million and extended the maturity from 2024 to 2026. The company also repurchased 1 million shares for $500 million (at an average per share price of about $500) under our $5 billion share authorization: the company said its \"main priority is to invest in the organic growth of our business while maintaining strong liquidity and retaining financial flexibility for strategic investments.\"\nAfter all that, the market was unimpressed but it could have been worse: after initially plunging below $500 briefly, the stock has since stabilized down 2% around $515. Among stocks that are down in sympathy, video-streaming platform Roku falls 1.4%.\nNetflix Slides in premarket trading.","news_type":1,"symbols_score_info":{"QNETCN":0.9,"GUID":0.9,"NFLX":0.9}},"isVote":1,"tweetType":1,"viewCount":822,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":176959825,"gmtCreate":1626856239367,"gmtModify":1633770372037,"author":{"id":"3580216654548696","authorId":"3580216654548696","name":"yct","avatar":"https://static.tigerbbs.com/fc8d88e888d52a12790f96349bf44387","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3580216654548696","idStr":"3580216654548696"},"themes":[],"title":"","htmlText":"Comment and like","listText":"Comment and like","text":"Comment and like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/176959825","repostId":"2152657163","repostType":4,"isVote":1,"tweetType":1,"viewCount":986,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":170976429,"gmtCreate":1626401905861,"gmtModify":1633927070509,"author":{"id":"3580216654548696","authorId":"3580216654548696","name":"yct","avatar":"https://static.tigerbbs.com/fc8d88e888d52a12790f96349bf44387","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3580216654548696","idStr":"3580216654548696"},"themes":[],"title":"","htmlText":"Pls 🚀","listText":"Pls 🚀","text":"Pls 🚀","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/170976429","repostId":"1107139193","repostType":2,"isVote":1,"tweetType":1,"viewCount":711,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":800111045,"gmtCreate":1627286021287,"gmtModify":1633766523444,"author":{"id":"3580216654548696","authorId":"3580216654548696","name":"yct","avatar":"https://static.tigerbbs.com/fc8d88e888d52a12790f96349bf44387","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3580216654548696","authorIdStr":"3580216654548696"},"themes":[],"title":"","htmlText":"Horror [Spurting]&nbsp;","listText":"Horror [Spurting]&nbsp;","text":"Horror [Spurting]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/800111045","repostId":"2154959317","repostType":4,"isVote":1,"tweetType":1,"viewCount":834,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":195487421,"gmtCreate":1621308293463,"gmtModify":1634192563468,"author":{"id":"3580216654548696","authorId":"3580216654548696","name":"yct","avatar":"https://static.tigerbbs.com/fc8d88e888d52a12790f96349bf44387","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3580216654548696","authorIdStr":"3580216654548696"},"themes":[],"title":"","htmlText":"Comment and like pls","listText":"Comment and like pls","text":"Comment and like pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/195487421","repostId":"2136295438","repostType":4,"isVote":1,"tweetType":1,"viewCount":571,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":898237600,"gmtCreate":1628499650600,"gmtModify":1633746654424,"author":{"id":"3580216654548696","authorId":"3580216654548696","name":"yct","avatar":"https://static.tigerbbs.com/fc8d88e888d52a12790f96349bf44387","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3580216654548696","authorIdStr":"3580216654548696"},"themes":[],"title":"","htmlText":"Ah should’ve bought earlier","listText":"Ah should’ve bought earlier","text":"Ah should’ve bought earlier","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/898237600","repostId":"1190142555","repostType":4,"repost":{"id":"1190142555","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":1628497921,"share":"https://www.laohunote.com/m/news/1190142555?lang=zh_CN&edition=full","pubTime":"2021-08-09 16:32","market":"us","language":"en","title":"Microvast shares surged nearly 9% in premarket trading.<blockquote>Microvast 股价在盘前交易中飙升近 9%。</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1190142555","media":"Tiger Newspress","summary":"Heading into a new trading week,Microvast Holdings Inc.,AMC Entertainment Holdings Inc. and Clover Health Investments Corp. are among the stocks seeing the highest interest on Reddit’s r/WallStreetBets forum, as of Sunday night.Microvast’s shares rose more than 11% on Friday, extending gains to a third straight day amid high interest from retail investors after posters on the WSB forum were criticalof Morgan Stanley analyst Adam Jones’ bearish price target on the stock. A post on the WSB forum h","content":"<p>Microvast&nbsp;shares&nbsp;surged&nbsp;nearly&nbsp;9%&nbsp;in premarket&nbsp;trading.</p><p><blockquote>Microvast 股价在盘前交易中飙升近 9%。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/7f6978d9fc57cfaca436942717528ae3\" tg-width=\"1290\" tg-height=\"622\" referrerpolicy=\"no-referrer\">Heading into a new trading week,<b>Microvast Holdings Inc.</b>,<b>AMC Entertainment Holdings Inc.</b>&nbsp;and&nbsp;<b>Clover Health Investments Corp.</b>&nbsp;are among the stocks seeing the highest interest on Reddit’s r/WallStreetBets forum, as of Sunday night.</p><p><blockquote>进入新的交易周，<b>微观控股公司。</b>,<b>AMC院线控股公司。</b>和<b>三叶草健康投资公司。</b>截至周日晚，Reddit 的 r/WallStreetBets 论坛上关注度最高的股票之一。</blockquote></p><p> Microvast’s shares rose more than 11% on Friday, extending gains to a third straight day amid high interest from retail investors after posters on the WSB forum&nbsp;were criticalof Morgan Stanley analyst Adam Jones’ bearish price target on the stock. A&nbsp;post&nbsp;on the WSB forum has dubbed Microvast a “hidden gem.”</p><p><blockquote>Microvast 的股价周五上涨超过 11%，在 WSB 论坛上发帖批评摩根士丹利分析师亚当-琼斯（Adam Jones）对该股的看跌目标价后，散户投资者表现出浓厚的兴趣，连续第三天上涨。WSB 论坛上的一个帖子将 Microvast 称为 “隐藏的宝石”。</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>Microvast shares surged nearly 9% in premarket trading.<blockquote>Microvast 股价在盘前交易中飙升近 9%。</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\">\nMicrovast shares surged nearly 9% in premarket trading.<blockquote>Microvast 股价在盘前交易中飙升近 9%。</blockquote>\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time smaller\">2021-08-09 16:32</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>Microvast&nbsp;shares&nbsp;surged&nbsp;nearly&nbsp;9%&nbsp;in premarket&nbsp;trading.</p><p><blockquote>Microvast 股价在盘前交易中飙升近 9%。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/7f6978d9fc57cfaca436942717528ae3\" tg-width=\"1290\" tg-height=\"622\" referrerpolicy=\"no-referrer\">Heading into a new trading week,<b>Microvast Holdings Inc.</b>,<b>AMC Entertainment Holdings Inc.</b>&nbsp;and&nbsp;<b>Clover Health Investments Corp.</b>&nbsp;are among the stocks seeing the highest interest on Reddit’s r/WallStreetBets forum, as of Sunday night.</p><p><blockquote>进入新的交易周，<b>微观控股公司。</b>,<b>AMC院线控股公司。</b>和<b>三叶草健康投资公司。</b>截至周日晚，Reddit 的 r/WallStreetBets 论坛上关注度最高的股票之一。</blockquote></p><p> Microvast’s shares rose more than 11% on Friday, extending gains to a third straight day amid high interest from retail investors after posters on the WSB forum&nbsp;were criticalof Morgan Stanley analyst Adam Jones’ bearish price target on the stock. A&nbsp;post&nbsp;on the WSB forum has dubbed Microvast a “hidden gem.”</p><p><blockquote>Microvast 的股价周五上涨超过 11%，在 WSB 论坛上发帖批评摩根士丹利分析师亚当-琼斯（Adam Jones）对该股的看跌目标价后，散户投资者表现出浓厚的兴趣，连续第三天上涨。WSB 论坛上的一个帖子将 Microvast 称为 “隐藏的宝石”。</blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"MVST":"Microvast Holdings, Inc.","CLOV":"Clover Health Corp","AMC":"AMC院线"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1190142555","content_text":"Microvast shares surged nearly 9% in premarket trading.\nHeading into a new trading week,Microvast Holdings Inc.,AMC Entertainment Holdings Inc. and Clover Health Investments Corp. are among the stocks seeing the highest interest on Reddit’s r/WallStreetBets forum, as of Sunday night.\nMicrovast’s shares rose more than 11% on Friday, extending gains to a third straight day amid high interest from retail investors after posters on the WSB forum were criticalof Morgan Stanley analyst Adam Jones’ bearish price target on the stock. A post on the WSB forum has dubbed Microvast a “hidden gem.”","news_type":1,"symbols_score_info":{"AMC":0.9,"CLOV":0.9,"MVST":0.9}},"isVote":1,"tweetType":1,"viewCount":3827,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":181504156,"gmtCreate":1623399886375,"gmtModify":1634033746041,"author":{"id":"3580216654548696","authorId":"3580216654548696","name":"yct","avatar":"https://static.tigerbbs.com/fc8d88e888d52a12790f96349bf44387","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3580216654548696","authorIdStr":"3580216654548696"},"themes":[],"title":"","htmlText":"Comment and like pls","listText":"Comment and like pls","text":"Comment and like pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/181504156","repostId":"1118350585","repostType":4,"repost":{"id":"1118350585","kind":"news","weMediaInfo":{"introduction":"Stock Market Quotes, Business News, Financial News, Trading Ideas, and Stock Research by Professionals","home_visible":0,"media_name":"Benzinga Earnings","id":"1052270027","head_image":"https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa"},"pubTimestamp":1623395610,"share":"https://www.laohunote.com/m/news/1118350585?lang=zh_CN&edition=full","pubTime":"2021-06-11 15:13","market":"us","language":"en","title":"Cathie Wood, Bullish On Bitcoin, Lifts Coinbase Stake Above $1B, Snaps Up More UiPath Shares<blockquote>Cathie Wood 看好比特币，将 Coinbase 持股增至 $1B 以上，并抢购更多 UiPath 股票</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1118350585","media":"Benzinga Earnings","summary":"Cathie Wood-led Ark Investment Management on Thursday snapped up more shares inCoinbase Global Inc(N","content":"<p>Cathie Wood-led Ark Investment Management on Thursday snapped up more shares in<b>Coinbase Global Inc</b>(NASDAQ:COIN) on the dip on Thursday.</p><p><blockquote>凯西·伍德 (Cathie Wood) 领导的方舟投资管理公司 (Ark Investment Management) 周四抢购了更多股票<b>比特币基地全球公司</b>（纳斯达克股票代码：COIN）周四下跌。</blockquote></p><p> Ark Invest bought 60,813 shares, estimated to be worth about $13.5 million in Coinbase on the day shares of the company closed 1.1% lower at $221.85.</p><p><blockquote>Ark Invest 当天购买了 60,813 股 Coinbase 股票，估计价值约 1,350 万美元，该公司股价收盘下跌 1.1%，至 221.85 美元。</blockquote></p><p> Wood’s firm deployed the<b>Ark Innovation ETF</b>(NYSE:ARKK) to buy the shares of the cryptocurrency exchange. The investment firm also holds the shares of the company via the<b>Ark Next Generation Internet ETF</b>(NYSE:ARKW) and the<b>Ark Fintech Innovation ETF</b>(NYSE:ARKF).</p><p><blockquote>伍德的公司部署了<b>方舟创新ETF</b>（纽约证券交易所代码：ARKK）购买加密货币交易所的股票。投资公司亦透过<b>方舟下一代互联网ETF</b>（纽约证券交易所代码：ARKW）和<b>方舟金融科技创新ETF</b>（纽约证券交易所代码：ARKF）。</blockquote></p><p> Ark's COIN stake is currently valued above $1 billion. In comparison, Ark Invest holds&nbsp;about 4.86 million shares, worth about $2.9 billion, in<b>Tesla Inc</b>(NASDAQ:TSLA), its largest holding.</p><p><blockquote>方舟的硬币股份目前价值超过10亿美元。相比之下，方舟投资持有约 486 万股股票，价值约 29 亿美元<b>特斯拉公司</b>（纳斯达克股票代码：TSLA），其最大的持股。</blockquote></p><p> The investment firm also snapped up 1.08 million shares, estimated to be worth about $80.07 million in New York-based software automation company<b>UiPath Inc</b>(NYSE:PATH) on the day shares popped higher.</p><p><blockquote>该投资公司还抢购了这家总部位于纽约的软件自动化公司的 108 万股股票，估计价值约 8007 万美元<b>UiPath公司</b>（纽约证券交易所股票代码：PATH）当天股价飙升。</blockquote></p><p> Shares of the company closed 7.7% higher at $74.03 on Thursday.</p><p><blockquote>该公司股价周四收盘上涨 7.7%，至 74.03 美元。</blockquote></p><p> The investment firm holds the shares of the company in all six active ETFs but deployed only four of them — the<b>Ark Genomic Revolution ETF</b>(BATS:ARKG), the<b>Ark Autonomous Technology &amp; Robotics</b>(BATS:ARKQ)<b>,</b>ARKKand ARKW — to buy the shares on Thursday.</p><p><blockquote>该投资公司持有所有六只活跃 ETF 中的公司股票，但仅部署了其中四只——<b>方舟基因组革命 ETF</b>（蝙蝠：ARKG），<b>方舟自主技术与机器人</b>（蝙蝠：ARKQ）<b>,</b>ARKKand ARKW — 周四购买股票。</blockquote></p><p> ARKG bought 242,492 shares, ARKK bought 604,635 shares, ARKQ bought 87,472 shares, ARKW bought 147,038 shares on Thursday.</p><p><blockquote>周四，ARKG 购买了 242,492 股，ARKK 购买了 604,635 股，ARKQ 购买了 87,472 股，ARKW 购买了 147,038 股。</blockquote></p><p> On a consolidated basis, Ark held 7.38 million shares worth $506.8 million in UiPath, as of Thursday.</p><p><blockquote>截至周四，Ark 持有 UiPath 738 万股股票，价值 5.068 亿美元。</blockquote></p><p> The products of the Bucharest, Romania-basedsoftware companyare used by organizations to help efficiently automate their various business processes.</p><p><blockquote>这家总部位于罗马尼亚布加勒斯特的软件公司的产品被组织用来帮助他们有效地自动化各种业务流程。</blockquote></p><p> Some of the other key Ark Invest sells on Thursday include<b>Intercontinental Exchange Inc</b>(NYSE:ICE) and buys include<b>Pure Storage Inc</b>(NYSE:PSTG).</p><p><blockquote>周四出售的其他一些关键方舟投资包括<b>洲际交易所</b>（纽约证券交易所股票代码：ICE）和购买包括<b>纯存储公司</b>（纽约证券交易所代码：PSTG）。</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>Cathie Wood, Bullish On Bitcoin, Lifts Coinbase Stake Above $1B, Snaps Up More UiPath Shares<blockquote>Cathie Wood 看好比特币，将 Coinbase 持股增至 $1B 以上，并抢购更多 UiPath 股票</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCathie Wood, Bullish On Bitcoin, Lifts Coinbase Stake Above $1B, Snaps Up More UiPath Shares<blockquote>Cathie Wood 看好比特币，将 Coinbase 持股增至 $1B 以上，并抢购更多 UiPath 股票</blockquote>\n</h2>\n<h4 class=\"meta\">\n<div class=\"head\" \">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Benzinga Earnings </p>\n<p class=\"h-time smaller\">2021-06-11 15:13</p>\n</div>\n</div>\n</h4>\n</header>\n<article>\n<p>Cathie Wood-led Ark Investment Management on Thursday snapped up more shares in<b>Coinbase Global Inc</b>(NASDAQ:COIN) on the dip on Thursday.</p><p><blockquote>凯西·伍德 (Cathie Wood) 领导的方舟投资管理公司 (Ark Investment Management) 周四抢购了更多股票<b>比特币基地全球公司</b>（纳斯达克股票代码：COIN）周四下跌。</blockquote></p><p> Ark Invest bought 60,813 shares, estimated to be worth about $13.5 million in Coinbase on the day shares of the company closed 1.1% lower at $221.85.</p><p><blockquote>Ark Invest 当天购买了 60,813 股 Coinbase 股票，估计价值约 1,350 万美元，该公司股价收盘下跌 1.1%，至 221.85 美元。</blockquote></p><p> Wood’s firm deployed the<b>Ark Innovation ETF</b>(NYSE:ARKK) to buy the shares of the cryptocurrency exchange. The investment firm also holds the shares of the company via the<b>Ark Next Generation Internet ETF</b>(NYSE:ARKW) and the<b>Ark Fintech Innovation ETF</b>(NYSE:ARKF).</p><p><blockquote>伍德的公司部署了<b>方舟创新ETF</b>（纽约证券交易所代码：ARKK）购买加密货币交易所的股票。投资公司亦透过<b>方舟下一代互联网ETF</b>（纽约证券交易所代码：ARKW）和<b>方舟金融科技创新ETF</b>（纽约证券交易所代码：ARKF）。</blockquote></p><p> Ark's COIN stake is currently valued above $1 billion. In comparison, Ark Invest holds&nbsp;about 4.86 million shares, worth about $2.9 billion, in<b>Tesla Inc</b>(NASDAQ:TSLA), its largest holding.</p><p><blockquote>方舟的硬币股份目前价值超过10亿美元。相比之下，方舟投资持有约 486 万股股票，价值约 29 亿美元<b>特斯拉公司</b>（纳斯达克股票代码：TSLA），其最大的持股。</blockquote></p><p> The investment firm also snapped up 1.08 million shares, estimated to be worth about $80.07 million in New York-based software automation company<b>UiPath Inc</b>(NYSE:PATH) on the day shares popped higher.</p><p><blockquote>该投资公司还抢购了这家总部位于纽约的软件自动化公司的 108 万股股票，估计价值约 8007 万美元<b>UiPath公司</b>（纽约证券交易所股票代码：PATH）当天股价飙升。</blockquote></p><p> Shares of the company closed 7.7% higher at $74.03 on Thursday.</p><p><blockquote>该公司股价周四收盘上涨 7.7%，至 74.03 美元。</blockquote></p><p> The investment firm holds the shares of the company in all six active ETFs but deployed only four of them — the<b>Ark Genomic Revolution ETF</b>(BATS:ARKG), the<b>Ark Autonomous Technology &amp; Robotics</b>(BATS:ARKQ)<b>,</b>ARKKand ARKW — to buy the shares on Thursday.</p><p><blockquote>该投资公司持有所有六只活跃 ETF 中的公司股票，但仅部署了其中四只——<b>方舟基因组革命 ETF</b>（蝙蝠：ARKG），<b>方舟自主技术与机器人</b>（蝙蝠：ARKQ）<b>,</b>ARKKand ARKW — 周四购买股票。</blockquote></p><p> ARKG bought 242,492 shares, ARKK bought 604,635 shares, ARKQ bought 87,472 shares, ARKW bought 147,038 shares on Thursday.</p><p><blockquote>周四，ARKG 购买了 242,492 股，ARKK 购买了 604,635 股，ARKQ 购买了 87,472 股，ARKW 购买了 147,038 股。</blockquote></p><p> On a consolidated basis, Ark held 7.38 million shares worth $506.8 million in UiPath, as of Thursday.</p><p><blockquote>截至周四，Ark 持有 UiPath 738 万股股票，价值 5.068 亿美元。</blockquote></p><p> The products of the Bucharest, Romania-basedsoftware companyare used by organizations to help efficiently automate their various business processes.</p><p><blockquote>这家总部位于罗马尼亚布加勒斯特的软件公司的产品被组织用来帮助他们有效地自动化各种业务流程。</blockquote></p><p> Some of the other key Ark Invest sells on Thursday include<b>Intercontinental Exchange Inc</b>(NYSE:ICE) and buys include<b>Pure Storage Inc</b>(NYSE:PSTG).</p><p><blockquote>周四出售的其他一些关键方舟投资包括<b>洲际交易所</b>（纽约证券交易所股票代码：ICE）和购买包括<b>纯存储公司</b>（纽约证券交易所代码：PSTG）。</blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"PATH":"UiPath","COIN":"Coinbase Global, Inc."},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1118350585","content_text":"Cathie Wood-led Ark Investment Management on Thursday snapped up more shares inCoinbase Global Inc(NASDAQ:COIN) on the dip on Thursday.\nArk Invest bought 60,813 shares, estimated to be worth about $13.5 million in Coinbase on the day shares of the company closed 1.1% lower at $221.85.\nWood’s firm deployed theArk Innovation ETF(NYSE:ARKK) to buy the shares of the cryptocurrency exchange. The investment firm also holds the shares of the company via theArk Next Generation Internet ETF(NYSE:ARKW) and theArk Fintech Innovation ETF(NYSE:ARKF).\nArk's COIN stake is currently valued above $1 billion. In comparison, Ark Invest holds about 4.86 million shares, worth about $2.9 billion, inTesla Inc(NASDAQ:TSLA), its largest holding.\nThe investment firm also snapped up 1.08 million shares, estimated to be worth about $80.07 million in New York-based software automation companyUiPath Inc(NYSE:PATH) on the day shares popped higher.\nShares of the company closed 7.7% higher at $74.03 on Thursday.\nThe investment firm holds the shares of the company in all six active ETFs but deployed only four of them — theArk Genomic Revolution ETF(BATS:ARKG), theArk Autonomous Technology & Robotics(BATS:ARKQ),ARKKand ARKW — to buy the shares on Thursday.\nARKG bought 242,492 shares, ARKK bought 604,635 shares, ARKQ bought 87,472 shares, ARKW bought 147,038 shares on Thursday.\nOn a consolidated basis, Ark held 7.38 million shares worth $506.8 million in UiPath, as of Thursday.\nThe products of the Bucharest, Romania-basedsoftware companyare used by organizations to help efficiently automate their various business processes.\nSome of the other key Ark Invest sells on Thursday includeIntercontinental Exchange Inc(NYSE:ICE) and buys includePure Storage Inc(NYSE:PSTG).","news_type":1,"symbols_score_info":{"COIN":0.9,"PATH":0.9}},"isVote":1,"tweetType":1,"viewCount":572,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":148495117,"gmtCreate":1626000823339,"gmtModify":1633930994248,"author":{"id":"3580216654548696","authorId":"3580216654548696","name":"yct","avatar":"https://static.tigerbbs.com/fc8d88e888d52a12790f96349bf44387","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3580216654548696","authorIdStr":"3580216654548696"},"themes":[],"title":"","htmlText":"Comment and like","listText":"Comment and like","text":"Comment and like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/148495117","repostId":"1185154176","repostType":4,"repost":{"id":"1185154176","kind":"news","pubTimestamp":1625886925,"share":"https://www.laohunote.com/m/news/1185154176?lang=zh_CN&edition=full","pubTime":"2021-07-10 11:15","market":"us","language":"en","title":"The bull market in stocks may last up to five years — here are six reasons why<blockquote>股市牛市可能会持续长达五年——以下是六个原因</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1185154176","media":"marketwatch","summary":"The economy is booming, earnings are rising, and the Federal Reserve is giving unprecedented support. When the stock market sells off, as it did Thursday, the right move was to buy your favorite stocks. Friday’s market action proved that.We are still only in the early stages of what is going to be a three- to five-year bull market in stocks, for these six reasons.Behind the scenes, consumers have massive unspent savings because they hunkered down for the pandemic. The personal savings rate hit n","content":"<p>The economy is booming, earnings are rising, and the Federal Reserve is giving unprecedented support</p><p><blockquote>经济正在蓬勃发展，收入正在上升，美联储正在提供前所未有的支持</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/16f57eb7b0f75afb2f46b6d61281db87\" tg-width=\"1260\" tg-height=\"839\"><span>(Photo by Jorge Guerrero/AFP via Getty Images)</span></p><p><blockquote><p class=\"t-img-caption\"><span>（照片由豪尔赫·格雷罗/法新社通过盖蒂图片社提供）</span></p></blockquote></p><p> When the stock market sells off, as it did Thursday, the right move was to buy your favorite stocks. Friday’s market action proved that.</p><p><blockquote>当股市抛售时，就像周四一样，正确的做法是购买你最喜欢的股票。周五的市场走势证明了这一点。</blockquote></p><p> It’s true that there could be a correction, given the already sizable 17% gain in the S&amp;P 500 Index&nbsp;this year. But you should buy then, too.</p><p><blockquote>鉴于标普500指数今年已经上涨了 17%，确实可能会出现调整。但你也应该买。</blockquote></p><p> Here’s why.</p><p><blockquote>原因如下。</blockquote></p><p> We are still only in the early stages of what is going to be a three- to five-year bull market in stocks, for these six reasons.</p><p><blockquote>由于以下六个原因，我们仍处于三到五年股市牛市的早期阶段。</blockquote></p><p> <b>1. There’s tremendous pent-up demand</b></p><p><blockquote><b>1. 存在巨大的被压抑的需求</b></blockquote></p><p> Everyone is looking to the Federal Reserve for cues about stimulus. They are overlooking private-sector forces that will push stocks higher. To sum up, there’s huge pent-up private-sector demand that will help propel U.S. GDP growth to 8% this year and 3.5%-4.5% for years after that. The pent-up demand comes from the following sources, points out Jim Paulsen, chief strategist and economist at the Leuthold Group.</p><p><blockquote>每个人都在向美联储寻求有关刺激的线索。他们忽视了将推高股市的私营部门力量。综上所述，私营部门被压抑的巨大需求将有助于推动美国今年的 GDP 增长率达到 8%，之后几年将达到 3.5%-4.5%。Leuthold 集团首席策略师兼经济学家吉姆·保尔森 (Jim Paulsen) 指出，被压抑的需求来自以下来源。</blockquote></p><p> First, there’s been a surge in household formation, as millennials hit the family years. This helps explain the big uptick in home demand. Once you buy a house, you have to fill it up with stuff. More consumer demand on the way.</p><p><blockquote>首先，随着千禧一代进入家庭年龄，家庭组建激增。这有助于解释国内需求的大幅增长。一旦你买了房子，你就得把它装满东西。更多的消费者需求即将到来。</blockquote></p><p> Behind the scenes, consumers have massive unspent savings because they hunkered down for the pandemic. The personal savings rate hit nearly 16% of GDP, compared to a post war average of 6.5%. The prior high was 10% in 1970s.</p><p><blockquote>在幕后，消费者有大量未动用的储蓄，因为他们为疫情蹲下身子。个人储蓄率达到GDP的近16%，而战后平均水平为6.5%。之前的高点是20世纪70年代的10%。</blockquote></p><p> Relatedly, household balance sheets improved remarkably. Debt-to-income ratios are the lowest since the 1990s. Consumers will continue to tap more bank loans and credit card capacity, as their confidence increases because employment and the economy remain strong.</p><p><blockquote>与此相关的是，家庭资产负债表明显改善。债务收入比是20世纪90年代以来的最低水平。随着就业和经济保持强劲，消费者的信心增强，他们将继续利用更多的银行贷款和信用卡容量。</blockquote></p><p> Next, there will be plenty more newly employed people once the extra unemployment benefits expire in September. This means consumer confidence will improve, which invariably boosts economic growth. The labor participation rate has room to improve, leaving spare employment capacity before we hit the full employment that can cap economic growth.</p><p><blockquote>接下来，一旦额外的失业救济金在9月份到期，将会有更多的新就业人口。这意味着消费者信心将会改善，这无疑会促进经济增长。劳动力参与率还有提高的空间，在我们实现充分就业之前留下多余的就业能力，从而限制经济增长。</blockquote></p><p> Now let’s look at the pent-up demand in businesses.</p><p><blockquote>现在让我们来看看企业中被压抑的需求。</blockquote></p><p> You know all the shortages of stuff you keep running into or hearing about? Here’s why this is happening. To prepare for a prolonged epidemic, businesses cut inventories to the bone. It was the biggest inventory liquidation ever. But now, companies have to build back inventories. The ongoing inventory rebuild will be huge.</p><p><blockquote>你知道你经常遇到或听到的所有东西的短缺吗？这就是为什么会发生这种情况。为了应对长期的流行病，企业大幅削减库存。这是有史以来最大的库存清算。但现在，公司不得不重建库存。正在进行的库存重建将是巨大的。</blockquote></p><p> Companies also cut capacity, which they are building out again. Capital goods spending surged to record highs in the past year, advancing almost 23%, after being essentially flat for most of the prior two decades. This creates sustained growth, and it tells us a lot about business confidence.</p><p><blockquote>公司还削减了产能，并正在再次扩大产能。资本货物支出在过去二十年的大部分时间里基本持平后，去年飙升至历史新高，增长了近 23%。这创造了持续增长，并告诉我们很多关于商业信心的信息。</blockquote></p><p> <b>The bottom line</b>: We will see 7%-8% GDP growth this year, followed by 4%-4.5% next year and above average growth after that, supporting a sustained bull market in stocks. Expect the normal corrections along the way.</p><p><blockquote><b>底线</b>今年GDP将增长7%-8%，明年将增长4%-4.5%，之后将高于平均水平，支撑股市持续牛市。期待一路上的正常修正。</blockquote></p><p> <b>2. An under-appreciated earnings boom lies ahead</b></p><p><blockquote><b>2. 被低估的盈利繁荣即将到来</b></blockquote></p><p> The economic rebound has happened so quickly, analysts can’t keep up. Wall Street analysts project $190 a share in S&amp;P 500 earnings this year. But that is woefully low given the expected 7%-8% GDP growth and massive stimulus that has yet to kick in. Stimulus normally takes six to eight months to take effect, and a lot of the recent dollops happened inside that window.</p><p><blockquote>经济反弹发生得太快了，分析师们都跟不上了。华尔街分析师预计标普500今年每股收益为 190 美元。但考虑到预期的7%-8%的GDP增长和尚未生效的大规模刺激措施，这一数字低得可怜。刺激措施通常需要六到八个月才能生效，而最近的许多波动都发生在这个时间窗内。</blockquote></p><p> Paulsen expects 2021 S&amp;P 500 earnings will be more like $220 instead of the consensus estimate of $190.</p><p><blockquote>保尔森预计 2021 年标普500盈利将更接近 220 美元，而不是普遍预期的 190 美元。</blockquote></p><p> “Analysts are still under-appreciating how much profits have improved and how much they will improve,” says Paulsen. “We had dramatic overreaction from policy officials. They addressed the collapse, but created a massive improvement in fundamentals. This is still playing out in terms of the recovery in profits.”</p><p><blockquote>“保尔森说：”分析师仍然低估了利润已经提高了多少，以及利润将提高多少。“我们的政策官员反应过度。他们解决了崩盘问题，但基本面却有了巨大的改善。就利润复苏而言，这种情况仍在上演”。</blockquote></p><p> Plus, more fiscal stimulus is probably on the way, in the form of infrastructure spending.</p><p><blockquote>此外，更多的财政刺激可能即将以基础设施支出的形式出台。</blockquote></p><p> <b>3. There’s a new Fed in town</b></p><p><blockquote><b>3. 镇上有了新的美联储</b></blockquote></p><p> For much of the past three decades, the Fed has been quick to tighten its policy to ward off inflation. The central bank killed off growth in the process. That’s one reason why the past 20 years posted the slowest growth in the post-war era. Now, though, the Fed is much more accommodative and this may likely persist because inflation will remain sluggish (more on this, below).</p><p><blockquote>在过去三十年的大部分时间里，美联储一直在迅速收紧政策以抵御通货膨胀。在这个过程中，央行扼杀了增长。这也是过去 20 年是战后增长最慢的原因之一。然而，现在美联储更加宽松，这种情况可能会持续下去，因为通胀将保持低迷（更多内容见下文）。</blockquote></p><p></p><p> Here’s a simple gauge to measure this. Take GDP growth and subtract the yield on 10-year TreasuriesTMUBMUSD10Y,1.359%.This gauge was negative for much of 1980-2010, when the Fed kept growth cool to contain inflation. Now, though, Fed policy is helping to keep 10-year yields well below GDP growth, which allows the economy to run hot. This was the state of affairs during 1950-1965, which some analysts call “the golden age of capitalism” because of the glide path in growth.</p><p><blockquote>这里有一个简单的量规来衡量这一点。以 GDP 增长为例，减去 10 年期国债收益率 ESTMUBMUSD10Y，1.359%。该指标在 1980 年至 2010 年的大部分时间里都是负值，当时美联储保持增长冷静以遏制通胀。然而现在，美联储的政策正在帮助将 10 年期国债收益率保持在远低于 GDP 增长率的水平，这使得经济过热。这就是 1950-1965 年期间的情况，一些分析家称看涨期权为 “资本主义的黄金时代”，因为它在增长过程中出现了滑坡。</blockquote></p><p> <b>4. Inflation won’t kill the bull</b></p><p><blockquote><b>4. 通货膨胀不会杀死牛市</b></blockquote></p><p> Inflation may rise near term because the economy is so hot. But medium term, the inflation slayers will win out. Here’s a roundup. The population is aging, and older people spend less. The boom in business capital spending will continue to boost productivity at companies. This allows them to avoid passing along rising costs to customers. Global trade and competition have not gone away. This puts downward pressure on prices since goods can be made more cheaply in many foreign countries. Ongoing technological advances continually put downward pressure on tech products.</p><p><blockquote>由于经济如此火爆，通货膨胀在短期内可能会上升。但从中期来看，通胀杀手将获胜。以下是综述。人口老龄化，老年人消费减少。商业资本支出的激增将继续提高公司的生产力。这使他们能够避免将不断上涨的成本转嫁给客户。全球贸易和竞争并没有消失。这给价格带来了下行压力，因为在许多外国可以更便宜地生产商品。持续的技术进步不断给科技产品带来下行压力。</blockquote></p><p> <b>5. Valuations will improve</b></p><p><blockquote><b>5.估值将改善</b></blockquote></p><p> We’re now at the phase in the economic rebound where the following dynamic typically plays out. Stocks trade sideways for months, mostly because of worries about inflation and rising bond yields. All the while, the economy and earnings continue to grow, bringing down stock valuations. This dynamic played out at about this point in prior economic rebounds during 1983-84, 1993-94, 2004-05 and 2009-10. In short, we will see a big surge in earnings while the stock market marks time, or even corrects.</p><p><blockquote>我们现在正处于经济反弹阶段，通常会出现以下动态。几个月来，股市一直横盘整理，主要是因为对通货膨胀和债券收益率上升的担忧。与此同时，经济和盈利持续增长，降低了股票估值。这种动态在1983-84年、1993-94年、2004-05年和2009-10年的经济反弹中大约在这一点上表现出来。简而言之，当股市标记时间，甚至回调时，我们将看到盈利大幅飙升。</blockquote></p><p> This will reset stock valuations lower, removing one of the chief concerns among investors — high valuations. If S&amp;P 500 earnings hit $220 by the end of the year and the index is at 4,000 to 4,100 points because of a correction, stocks will be at an 18-19 price earnings ratio — below the average since 1990.</p><p><blockquote>这将使股票估值降低，消除投资者的主要担忧之一——高估值。如果标普500的盈利在今年年底达到 220 美元，并且该指数因调整而处于 4,000 至 4,100 点，那么股票的市盈率将为 18-19，低于 1990 年以来的平均水平。</blockquote></p><p> True to form, the Dow Jones Industrial AverageDJIA,+1.30%and the Russell 2000&nbsp;small-cap index have traded sideways for two to four months. The S&amp;P 500 and Nasdaq&nbsp;recently broke out of trading ranges, but a bigger pullback would send them back into sideways action mode.</p><p><blockquote>一如既往，道琼斯工业平均指数 (DJIA) 和罗素 2000 小型股指数已经横盘整理了两到四个月。标普500和纳斯达克最近突破了交易区间，但更大的回调将使它们回到横盘整理模式。</blockquote></p><p> <b>6. Sentiment isn’t extreme</b></p><p><blockquote><b>6. 情绪并不极端</b></blockquote></p><p> As a contrarian, I look for excessive sentiment as a sign that it’s time to raise some cash. We don’t see that yet. A simple gauge to follow is the Investors Intelligence Bull/Bear ratio. It recently came in at 3.92. That’s near the warning path, which for me starts at 4. On the other hand, mutual fund cash was recently at $4.6 trillion, near historical highs. This represents caution among investors.</p><p><blockquote>作为一个逆向投资者，我认为过度的情绪是时候筹集一些现金了。我们还没看到。一个简单的衡量标准是投资者情报牛熊比率。它最近的价格是3.92。那是在警告路径附近，对我来说，警告路径是从 4 点开始的。另一方面，共同基金现金最近达到 4.6 万亿美元，接近历史高位。这代表了投资者的谨慎。</blockquote></p><p> <b>Three themes to follow</b></p><p><blockquote><b>遵循的三个主题</b></blockquote></p><p> If we are in store for a sustained economic recovery and a multi-year bull market in stocks, it will pay to follow these three themes.</p><p><blockquote>如果我们即将迎来经济持续复苏和股市多年牛市，那么遵循这三个主题将是值得的。</blockquote></p><p> <b>Favor cyclicals.</b>Stay with economically sensitive businesses and add to your holdings in them on pullbacks. This means cyclical companies in areas like financials, materials, industrials and consumer discretionary businesses.</p><p><blockquote><b>青睐周期性产品。</b>持有对经济敏感的业务，并在回调时增持这些业务。这意味着金融、材料、工业和非必需消费品业务等领域的周期性公司。</blockquote></p><p> <b>Avoid defensives.</b>If you want yield, go with stocks that pay a dividend but also have capital appreciation potential — not steady growth companies selling stuff like consumer staples. On this theme, in my stock letter Brush Up on Stocks (the link is in bio, below) I’ve recently suggested or reiterated Home Depot&nbsp;in retail, B. Riley Financial,a markets and investment banking name, and Regional Management&nbsp;in consumer finance.</p><p><blockquote><b>避免防御。</b>如果你想要收益率，那就选择支付股息但也有资本增值潜力的股票——而不是销售必需品等商品的稳定增长公司。关于这个主题，在我的股票信中（链接在下面的简介中），我最近建议或重申了家得宝（Home Depot）在零售业、B. Riley Financial（一家市场和投资银行公司）以及消费金融领域的区域管理。</blockquote></p><p> <b>Favor emerging markets.</b>Their growth tends to be higher during expansions. Just be careful with China. It has an aging population. Limited workforce growth may constrain economic growth. Another challenge is that ongoing U.S.-China tensions and the related threat of persistent tariffs and trade barriers have global companies relocating supply chains elsewhere.</p><p><blockquote><b>青睐新兴市场。</b>在扩张期间，它们的增长往往会更高。小心中国。它的人口老龄化。有限的劳动力增长可能会限制经济增长。另一个挑战是，持续的中美紧张局势以及持续关税和贸易壁垒的相关威胁迫使全球公司将供应链转移到其他地方。</blockquote></p><p></p>","source":"lsy1603348471595","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>The bull market in stocks may last up to five years — here are six reasons why<blockquote>股市牛市可能会持续长达五年——以下是六个原因</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nThe bull market in stocks may last up to five years — here are six reasons why<blockquote>股市牛市可能会持续长达五年——以下是六个原因</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">marketwatch</strong><span class=\"h-time small\">2021-07-10 11:15</span>\n</p>\n</h4>\n</header>\n<article>\n<p>The economy is booming, earnings are rising, and the Federal Reserve is giving unprecedented support</p><p><blockquote>经济正在蓬勃发展，收入正在上升，美联储正在提供前所未有的支持</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/16f57eb7b0f75afb2f46b6d61281db87\" tg-width=\"1260\" tg-height=\"839\"><span>(Photo by Jorge Guerrero/AFP via Getty Images)</span></p><p><blockquote><p class=\"t-img-caption\"><span>（照片由豪尔赫·格雷罗/法新社通过盖蒂图片社提供）</span></p></blockquote></p><p> When the stock market sells off, as it did Thursday, the right move was to buy your favorite stocks. Friday’s market action proved that.</p><p><blockquote>当股市抛售时，就像周四一样，正确的做法是购买你最喜欢的股票。周五的市场走势证明了这一点。</blockquote></p><p> It’s true that there could be a correction, given the already sizable 17% gain in the S&amp;P 500 Index&nbsp;this year. But you should buy then, too.</p><p><blockquote>鉴于标普500指数今年已经上涨了 17%，确实可能会出现调整。但你也应该买。</blockquote></p><p> Here’s why.</p><p><blockquote>原因如下。</blockquote></p><p> We are still only in the early stages of what is going to be a three- to five-year bull market in stocks, for these six reasons.</p><p><blockquote>由于以下六个原因，我们仍处于三到五年股市牛市的早期阶段。</blockquote></p><p> <b>1. There’s tremendous pent-up demand</b></p><p><blockquote><b>1. 存在巨大的被压抑的需求</b></blockquote></p><p> Everyone is looking to the Federal Reserve for cues about stimulus. They are overlooking private-sector forces that will push stocks higher. To sum up, there’s huge pent-up private-sector demand that will help propel U.S. GDP growth to 8% this year and 3.5%-4.5% for years after that. The pent-up demand comes from the following sources, points out Jim Paulsen, chief strategist and economist at the Leuthold Group.</p><p><blockquote>每个人都在向美联储寻求有关刺激的线索。他们忽视了将推高股市的私营部门力量。综上所述，私营部门被压抑的巨大需求将有助于推动美国今年的 GDP 增长率达到 8%，之后几年将达到 3.5%-4.5%。Leuthold 集团首席策略师兼经济学家吉姆·保尔森 (Jim Paulsen) 指出，被压抑的需求来自以下来源。</blockquote></p><p> First, there’s been a surge in household formation, as millennials hit the family years. This helps explain the big uptick in home demand. Once you buy a house, you have to fill it up with stuff. More consumer demand on the way.</p><p><blockquote>首先，随着千禧一代进入家庭年龄，家庭组建激增。这有助于解释国内需求的大幅增长。一旦你买了房子，你就得把它装满东西。更多的消费者需求即将到来。</blockquote></p><p> Behind the scenes, consumers have massive unspent savings because they hunkered down for the pandemic. The personal savings rate hit nearly 16% of GDP, compared to a post war average of 6.5%. The prior high was 10% in 1970s.</p><p><blockquote>在幕后，消费者有大量未动用的储蓄，因为他们为疫情蹲下身子。个人储蓄率达到GDP的近16%，而战后平均水平为6.5%。之前的高点是20世纪70年代的10%。</blockquote></p><p> Relatedly, household balance sheets improved remarkably. Debt-to-income ratios are the lowest since the 1990s. Consumers will continue to tap more bank loans and credit card capacity, as their confidence increases because employment and the economy remain strong.</p><p><blockquote>与此相关的是，家庭资产负债表明显改善。债务收入比是20世纪90年代以来的最低水平。随着就业和经济保持强劲，消费者的信心增强，他们将继续利用更多的银行贷款和信用卡容量。</blockquote></p><p> Next, there will be plenty more newly employed people once the extra unemployment benefits expire in September. This means consumer confidence will improve, which invariably boosts economic growth. The labor participation rate has room to improve, leaving spare employment capacity before we hit the full employment that can cap economic growth.</p><p><blockquote>接下来，一旦额外的失业救济金在9月份到期，将会有更多的新就业人口。这意味着消费者信心将会改善，这无疑会促进经济增长。劳动力参与率还有提高的空间，在我们实现充分就业之前留下多余的就业能力，从而限制经济增长。</blockquote></p><p> Now let’s look at the pent-up demand in businesses.</p><p><blockquote>现在让我们来看看企业中被压抑的需求。</blockquote></p><p> You know all the shortages of stuff you keep running into or hearing about? Here’s why this is happening. To prepare for a prolonged epidemic, businesses cut inventories to the bone. It was the biggest inventory liquidation ever. But now, companies have to build back inventories. The ongoing inventory rebuild will be huge.</p><p><blockquote>你知道你经常遇到或听到的所有东西的短缺吗？这就是为什么会发生这种情况。为了应对长期的流行病，企业大幅削减库存。这是有史以来最大的库存清算。但现在，公司不得不重建库存。正在进行的库存重建将是巨大的。</blockquote></p><p> Companies also cut capacity, which they are building out again. Capital goods spending surged to record highs in the past year, advancing almost 23%, after being essentially flat for most of the prior two decades. This creates sustained growth, and it tells us a lot about business confidence.</p><p><blockquote>公司还削减了产能，并正在再次扩大产能。资本货物支出在过去二十年的大部分时间里基本持平后，去年飙升至历史新高，增长了近 23%。这创造了持续增长，并告诉我们很多关于商业信心的信息。</blockquote></p><p> <b>The bottom line</b>: We will see 7%-8% GDP growth this year, followed by 4%-4.5% next year and above average growth after that, supporting a sustained bull market in stocks. Expect the normal corrections along the way.</p><p><blockquote><b>底线</b>今年GDP将增长7%-8%，明年将增长4%-4.5%，之后将高于平均水平，支撑股市持续牛市。期待一路上的正常修正。</blockquote></p><p> <b>2. An under-appreciated earnings boom lies ahead</b></p><p><blockquote><b>2. 被低估的盈利繁荣即将到来</b></blockquote></p><p> The economic rebound has happened so quickly, analysts can’t keep up. Wall Street analysts project $190 a share in S&amp;P 500 earnings this year. But that is woefully low given the expected 7%-8% GDP growth and massive stimulus that has yet to kick in. Stimulus normally takes six to eight months to take effect, and a lot of the recent dollops happened inside that window.</p><p><blockquote>经济反弹发生得太快了，分析师们都跟不上了。华尔街分析师预计标普500今年每股收益为 190 美元。但考虑到预期的7%-8%的GDP增长和尚未生效的大规模刺激措施，这一数字低得可怜。刺激措施通常需要六到八个月才能生效，而最近的许多波动都发生在这个时间窗内。</blockquote></p><p> Paulsen expects 2021 S&amp;P 500 earnings will be more like $220 instead of the consensus estimate of $190.</p><p><blockquote>保尔森预计 2021 年标普500盈利将更接近 220 美元，而不是普遍预期的 190 美元。</blockquote></p><p> “Analysts are still under-appreciating how much profits have improved and how much they will improve,” says Paulsen. “We had dramatic overreaction from policy officials. They addressed the collapse, but created a massive improvement in fundamentals. This is still playing out in terms of the recovery in profits.”</p><p><blockquote>“保尔森说：”分析师仍然低估了利润已经提高了多少，以及利润将提高多少。“我们的政策官员反应过度。他们解决了崩盘问题，但基本面却有了巨大的改善。就利润复苏而言，这种情况仍在上演”。</blockquote></p><p> Plus, more fiscal stimulus is probably on the way, in the form of infrastructure spending.</p><p><blockquote>此外，更多的财政刺激可能即将以基础设施支出的形式出台。</blockquote></p><p> <b>3. There’s a new Fed in town</b></p><p><blockquote><b>3. 镇上有了新的美联储</b></blockquote></p><p> For much of the past three decades, the Fed has been quick to tighten its policy to ward off inflation. The central bank killed off growth in the process. That’s one reason why the past 20 years posted the slowest growth in the post-war era. Now, though, the Fed is much more accommodative and this may likely persist because inflation will remain sluggish (more on this, below).</p><p><blockquote>在过去三十年的大部分时间里，美联储一直在迅速收紧政策以抵御通货膨胀。在这个过程中，央行扼杀了增长。这也是过去 20 年是战后增长最慢的原因之一。然而，现在美联储更加宽松，这种情况可能会持续下去，因为通胀将保持低迷（更多内容见下文）。</blockquote></p><p></p><p> Here’s a simple gauge to measure this. Take GDP growth and subtract the yield on 10-year TreasuriesTMUBMUSD10Y,1.359%.This gauge was negative for much of 1980-2010, when the Fed kept growth cool to contain inflation. Now, though, Fed policy is helping to keep 10-year yields well below GDP growth, which allows the economy to run hot. This was the state of affairs during 1950-1965, which some analysts call “the golden age of capitalism” because of the glide path in growth.</p><p><blockquote>这里有一个简单的量规来衡量这一点。以 GDP 增长为例，减去 10 年期国债收益率 ESTMUBMUSD10Y，1.359%。该指标在 1980 年至 2010 年的大部分时间里都是负值，当时美联储保持增长冷静以遏制通胀。然而现在，美联储的政策正在帮助将 10 年期国债收益率保持在远低于 GDP 增长率的水平，这使得经济过热。这就是 1950-1965 年期间的情况，一些分析家称看涨期权为 “资本主义的黄金时代”，因为它在增长过程中出现了滑坡。</blockquote></p><p> <b>4. Inflation won’t kill the bull</b></p><p><blockquote><b>4. 通货膨胀不会杀死牛市</b></blockquote></p><p> Inflation may rise near term because the economy is so hot. But medium term, the inflation slayers will win out. Here’s a roundup. The population is aging, and older people spend less. The boom in business capital spending will continue to boost productivity at companies. This allows them to avoid passing along rising costs to customers. Global trade and competition have not gone away. This puts downward pressure on prices since goods can be made more cheaply in many foreign countries. Ongoing technological advances continually put downward pressure on tech products.</p><p><blockquote>由于经济如此火爆，通货膨胀在短期内可能会上升。但从中期来看，通胀杀手将获胜。以下是综述。人口老龄化，老年人消费减少。商业资本支出的激增将继续提高公司的生产力。这使他们能够避免将不断上涨的成本转嫁给客户。全球贸易和竞争并没有消失。这给价格带来了下行压力，因为在许多外国可以更便宜地生产商品。持续的技术进步不断给科技产品带来下行压力。</blockquote></p><p> <b>5. Valuations will improve</b></p><p><blockquote><b>5.估值将改善</b></blockquote></p><p> We’re now at the phase in the economic rebound where the following dynamic typically plays out. Stocks trade sideways for months, mostly because of worries about inflation and rising bond yields. All the while, the economy and earnings continue to grow, bringing down stock valuations. This dynamic played out at about this point in prior economic rebounds during 1983-84, 1993-94, 2004-05 and 2009-10. In short, we will see a big surge in earnings while the stock market marks time, or even corrects.</p><p><blockquote>我们现在正处于经济反弹阶段，通常会出现以下动态。几个月来，股市一直横盘整理，主要是因为对通货膨胀和债券收益率上升的担忧。与此同时，经济和盈利持续增长，降低了股票估值。这种动态在1983-84年、1993-94年、2004-05年和2009-10年的经济反弹中大约在这一点上表现出来。简而言之，当股市标记时间，甚至回调时，我们将看到盈利大幅飙升。</blockquote></p><p> This will reset stock valuations lower, removing one of the chief concerns among investors — high valuations. If S&amp;P 500 earnings hit $220 by the end of the year and the index is at 4,000 to 4,100 points because of a correction, stocks will be at an 18-19 price earnings ratio — below the average since 1990.</p><p><blockquote>这将使股票估值降低，消除投资者的主要担忧之一——高估值。如果标普500的盈利在今年年底达到 220 美元，并且该指数因调整而处于 4,000 至 4,100 点，那么股票的市盈率将为 18-19，低于 1990 年以来的平均水平。</blockquote></p><p> True to form, the Dow Jones Industrial AverageDJIA,+1.30%and the Russell 2000&nbsp;small-cap index have traded sideways for two to four months. The S&amp;P 500 and Nasdaq&nbsp;recently broke out of trading ranges, but a bigger pullback would send them back into sideways action mode.</p><p><blockquote>一如既往，道琼斯工业平均指数 (DJIA) 和罗素 2000 小型股指数已经横盘整理了两到四个月。标普500和纳斯达克最近突破了交易区间，但更大的回调将使它们回到横盘整理模式。</blockquote></p><p> <b>6. Sentiment isn’t extreme</b></p><p><blockquote><b>6. 情绪并不极端</b></blockquote></p><p> As a contrarian, I look for excessive sentiment as a sign that it’s time to raise some cash. We don’t see that yet. A simple gauge to follow is the Investors Intelligence Bull/Bear ratio. It recently came in at 3.92. That’s near the warning path, which for me starts at 4. On the other hand, mutual fund cash was recently at $4.6 trillion, near historical highs. This represents caution among investors.</p><p><blockquote>作为一个逆向投资者，我认为过度的情绪是时候筹集一些现金了。我们还没看到。一个简单的衡量标准是投资者情报牛熊比率。它最近的价格是3.92。那是在警告路径附近，对我来说，警告路径是从 4 点开始的。另一方面，共同基金现金最近达到 4.6 万亿美元，接近历史高位。这代表了投资者的谨慎。</blockquote></p><p> <b>Three themes to follow</b></p><p><blockquote><b>遵循的三个主题</b></blockquote></p><p> If we are in store for a sustained economic recovery and a multi-year bull market in stocks, it will pay to follow these three themes.</p><p><blockquote>如果我们即将迎来经济持续复苏和股市多年牛市，那么遵循这三个主题将是值得的。</blockquote></p><p> <b>Favor cyclicals.</b>Stay with economically sensitive businesses and add to your holdings in them on pullbacks. This means cyclical companies in areas like financials, materials, industrials and consumer discretionary businesses.</p><p><blockquote><b>青睐周期性产品。</b>持有对经济敏感的业务，并在回调时增持这些业务。这意味着金融、材料、工业和非必需消费品业务等领域的周期性公司。</blockquote></p><p> <b>Avoid defensives.</b>If you want yield, go with stocks that pay a dividend but also have capital appreciation potential — not steady growth companies selling stuff like consumer staples. On this theme, in my stock letter Brush Up on Stocks (the link is in bio, below) I’ve recently suggested or reiterated Home Depot&nbsp;in retail, B. Riley Financial,a markets and investment banking name, and Regional Management&nbsp;in consumer finance.</p><p><blockquote><b>避免防御。</b>如果你想要收益率，那就选择支付股息但也有资本增值潜力的股票——而不是销售必需品等商品的稳定增长公司。关于这个主题，在我的股票信中（链接在下面的简介中），我最近建议或重申了家得宝（Home Depot）在零售业、B. Riley Financial（一家市场和投资银行公司）以及消费金融领域的区域管理。</blockquote></p><p> <b>Favor emerging markets.</b>Their growth tends to be higher during expansions. Just be careful with China. It has an aging population. Limited workforce growth may constrain economic growth. Another challenge is that ongoing U.S.-China tensions and the related threat of persistent tariffs and trade barriers have global companies relocating supply chains elsewhere.</p><p><blockquote><b>青睐新兴市场。</b>在扩张期间，它们的增长往往会更高。小心中国。它的人口老龄化。有限的劳动力增长可能会限制经济增长。另一个挑战是，持续的中美紧张局势以及持续关税和贸易壁垒的相关威胁迫使全球公司将供应链转移到其他地方。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.marketwatch.com/story/the-bull-market-in-stocks-may-last-up-to-five-years-here-are-six-reasons-why-11625842781?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":{".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index",".DJI":"道琼斯"},"source_url":"https://www.marketwatch.com/story/the-bull-market-in-stocks-may-last-up-to-five-years-here-are-six-reasons-why-11625842781?mod=home-page","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1185154176","content_text":"The economy is booming, earnings are rising, and the Federal Reserve is giving unprecedented support\n(Photo by Jorge Guerrero/AFP via Getty Images)\nWhen the stock market sells off, as it did Thursday, the right move was to buy your favorite stocks. Friday’s market action proved that.\nIt’s true that there could be a correction, given the already sizable 17% gain in the S&P 500 Index this year. But you should buy then, too.\nHere’s why.\nWe are still only in the early stages of what is going to be a three- to five-year bull market in stocks, for these six reasons.\n1. There’s tremendous pent-up demand\nEveryone is looking to the Federal Reserve for cues about stimulus. They are overlooking private-sector forces that will push stocks higher. To sum up, there’s huge pent-up private-sector demand that will help propel U.S. GDP growth to 8% this year and 3.5%-4.5% for years after that. The pent-up demand comes from the following sources, points out Jim Paulsen, chief strategist and economist at the Leuthold Group.\nFirst, there’s been a surge in household formation, as millennials hit the family years. This helps explain the big uptick in home demand. Once you buy a house, you have to fill it up with stuff. More consumer demand on the way.\nBehind the scenes, consumers have massive unspent savings because they hunkered down for the pandemic. The personal savings rate hit nearly 16% of GDP, compared to a post war average of 6.5%. The prior high was 10% in 1970s.\nRelatedly, household balance sheets improved remarkably. Debt-to-income ratios are the lowest since the 1990s. Consumers will continue to tap more bank loans and credit card capacity, as their confidence increases because employment and the economy remain strong.\nNext, there will be plenty more newly employed people once the extra unemployment benefits expire in September. This means consumer confidence will improve, which invariably boosts economic growth. The labor participation rate has room to improve, leaving spare employment capacity before we hit the full employment that can cap economic growth.\nNow let’s look at the pent-up demand in businesses.\nYou know all the shortages of stuff you keep running into or hearing about? Here’s why this is happening. To prepare for a prolonged epidemic, businesses cut inventories to the bone. It was the biggest inventory liquidation ever. But now, companies have to build back inventories. The ongoing inventory rebuild will be huge.\nCompanies also cut capacity, which they are building out again. Capital goods spending surged to record highs in the past year, advancing almost 23%, after being essentially flat for most of the prior two decades. This creates sustained growth, and it tells us a lot about business confidence.\nThe bottom line: We will see 7%-8% GDP growth this year, followed by 4%-4.5% next year and above average growth after that, supporting a sustained bull market in stocks. Expect the normal corrections along the way.\n2. An under-appreciated earnings boom lies ahead\nThe economic rebound has happened so quickly, analysts can’t keep up. Wall Street analysts project $190 a share in S&P 500 earnings this year. But that is woefully low given the expected 7%-8% GDP growth and massive stimulus that has yet to kick in. Stimulus normally takes six to eight months to take effect, and a lot of the recent dollops happened inside that window.\nPaulsen expects 2021 S&P 500 earnings will be more like $220 instead of the consensus estimate of $190.\n“Analysts are still under-appreciating how much profits have improved and how much they will improve,” says Paulsen. “We had dramatic overreaction from policy officials. They addressed the collapse, but created a massive improvement in fundamentals. This is still playing out in terms of the recovery in profits.”\nPlus, more fiscal stimulus is probably on the way, in the form of infrastructure spending.\n3. There’s a new Fed in town\nFor much of the past three decades, the Fed has been quick to tighten its policy to ward off inflation. The central bank killed off growth in the process. That’s one reason why the past 20 years posted the slowest growth in the post-war era. Now, though, the Fed is much more accommodative and this may likely persist because inflation will remain sluggish (more on this, below).\nHere’s a simple gauge to measure this. Take GDP growth and subtract the yield on 10-year TreasuriesTMUBMUSD10Y,1.359%.This gauge was negative for much of 1980-2010, when the Fed kept growth cool to contain inflation. Now, though, Fed policy is helping to keep 10-year yields well below GDP growth, which allows the economy to run hot. This was the state of affairs during 1950-1965, which some analysts call “the golden age of capitalism” because of the glide path in growth.\n4. Inflation won’t kill the bull\nInflation may rise near term because the economy is so hot. But medium term, the inflation slayers will win out. Here’s a roundup. The population is aging, and older people spend less. The boom in business capital spending will continue to boost productivity at companies. This allows them to avoid passing along rising costs to customers. Global trade and competition have not gone away. This puts downward pressure on prices since goods can be made more cheaply in many foreign countries. Ongoing technological advances continually put downward pressure on tech products.\n5. Valuations will improve\nWe’re now at the phase in the economic rebound where the following dynamic typically plays out. Stocks trade sideways for months, mostly because of worries about inflation and rising bond yields. All the while, the economy and earnings continue to grow, bringing down stock valuations. This dynamic played out at about this point in prior economic rebounds during 1983-84, 1993-94, 2004-05 and 2009-10. In short, we will see a big surge in earnings while the stock market marks time, or even corrects.\nThis will reset stock valuations lower, removing one of the chief concerns among investors — high valuations. If S&P 500 earnings hit $220 by the end of the year and the index is at 4,000 to 4,100 points because of a correction, stocks will be at an 18-19 price earnings ratio — below the average since 1990.\nTrue to form, the Dow Jones Industrial AverageDJIA,+1.30%and the Russell 2000 small-cap index have traded sideways for two to four months. The S&P 500 and Nasdaq recently broke out of trading ranges, but a bigger pullback would send them back into sideways action mode.\n6. Sentiment isn’t extreme\nAs a contrarian, I look for excessive sentiment as a sign that it’s time to raise some cash. We don’t see that yet. A simple gauge to follow is the Investors Intelligence Bull/Bear ratio. It recently came in at 3.92. That’s near the warning path, which for me starts at 4. On the other hand, mutual fund cash was recently at $4.6 trillion, near historical highs. This represents caution among investors.\nThree themes to follow\nIf we are in store for a sustained economic recovery and a multi-year bull market in stocks, it will pay to follow these three themes.\nFavor cyclicals.Stay with economically sensitive businesses and add to your holdings in them on pullbacks. This means cyclical companies in areas like financials, materials, industrials and consumer discretionary businesses.\nAvoid defensives.If you want yield, go with stocks that pay a dividend but also have capital appreciation potential — not steady growth companies selling stuff like consumer staples. On this theme, in my stock letter Brush Up on Stocks (the link is in bio, below) I’ve recently suggested or reiterated Home Depot in retail, B. Riley Financial,a markets and investment banking name, and Regional Management in consumer finance.\nFavor emerging markets.Their growth tends to be higher during expansions. Just be careful with China. It has an aging population. Limited workforce growth may constrain economic growth. Another challenge is that ongoing U.S.-China tensions and the related threat of persistent tariffs and trade barriers have global companies relocating supply chains elsewhere.","news_type":1,"symbols_score_info":{".DJI":0.9,".IXIC":0.9,".SPX":0.9}},"isVote":1,"tweetType":1,"viewCount":661,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":842020213,"gmtCreate":1636121344648,"gmtModify":1636121362581,"author":{"id":"3580216654548696","authorId":"3580216654548696","name":"yct","avatar":"https://static.tigerbbs.com/fc8d88e888d52a12790f96349bf44387","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3580216654548696","authorIdStr":"3580216654548696"},"themes":[],"title":"","htmlText":"<a href=\"https://laohu8.com/S/PTON\">$PTON(PTON)$</a>This is how much I hate exercise","listText":"<a href=\"https://laohu8.com/S/PTON\">$PTON(PTON)$</a>This is how much I hate exercise","text":"$PTON(PTON)$This is how much I hate exercise","images":[{"img":"https://static.tigerbbs.com/299cbe2e6fbd2553c97ed0c5e5f84ba6","width":"1242","height":"2448"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/842020213","isVote":1,"tweetType":1,"viewCount":3872,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"CN","totalScore":0},{"id":129201266,"gmtCreate":1624372643655,"gmtModify":1634007082138,"author":{"id":"3580216654548696","authorId":"3580216654548696","name":"yct","avatar":"https://static.tigerbbs.com/fc8d88e888d52a12790f96349bf44387","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3580216654548696","authorIdStr":"3580216654548696"},"themes":[],"title":"","htmlText":"No conclusion at the end. Thanks for this","listText":"No conclusion at the end. Thanks for this","text":"No conclusion at the end. Thanks for this","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/129201266","repostId":"1186919064","repostType":2,"isVote":1,"tweetType":1,"viewCount":619,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":196559687,"gmtCreate":1621079548149,"gmtModify":1634194119441,"author":{"id":"3580216654548696","authorId":"3580216654548696","name":"yct","avatar":"https://static.tigerbbs.com/fc8d88e888d52a12790f96349bf44387","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3580216654548696","authorIdStr":"3580216654548696"},"themes":[],"title":"","htmlText":"<a href=\"https://laohu8.com/S/AMC\">$AMC Entertainment(AMC)$</a>🚀🚀🚀","listText":"<a href=\"https://laohu8.com/S/AMC\">$AMC Entertainment(AMC)$</a>🚀🚀🚀","text":"$AMC Entertainment(AMC)$🚀🚀🚀","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/196559687","repostId":"1163454382","repostType":4,"repost":{"id":"1163454382","kind":"news","pubTimestamp":1621004581,"share":"https://www.laohunote.com/m/news/1163454382?lang=zh_CN&edition=full","pubTime":"2021-05-14 23:03","market":"us","language":"en","title":"Why AMC Entertainment Stock Jumped Again Friday<blockquote>为什么AMC院线股价周五再次上涨</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1163454382","media":"Motley Fool","summary":"AMC investors have reason for more optimism on the heels of another capital raise.Yesterday's jump came after the company announcedit raised $428 million. First, the Centers for Disease Control and Prevention  issued a new statement on current health and safety protocols saying that fully vaccinated people can resume activities without wearing a mask or physically distancing, including indoors.This should allow theaters to open back up at full capacity and be a desirable destination for vaccinat","content":"<p>  <b>AMC investors have reason for more optimism on the heels of another capital raise.</b>  <b>What happened</b></p><p><blockquote><b>AMC 投资者有理由在再次融资后更加乐观。</b><b>发生了什么事</b></blockquote></p><p> A day after<b>AMC Entertainment Holdings</b>(NYSE:AMC)</p><p><blockquote>一天后<b>AMC院线控股</b>（纽约证券交易所代码：AMC）</blockquote></p><p> <b>So what</b></p><p><blockquote><b>那又怎样</b></blockquote></p><p> Yesterday's jump came after the company announcedit raised $428 million</p><p><blockquote>昨天的上涨是在该公司宣布筹集 4.28 亿美元之后发生的</blockquote></p><p> First, the Centers for Disease Control and Prevention (CDC) issued a new statement on current health and safety protocols saying that fully vaccinated people can resume activities without wearing a mask or physically distancing, including indoors.</p><p><blockquote>首先，疾病控制和预防中心（CDC）就当前的健康和安全协议发表了一份新声明，称完全接种疫苗的人可以在不戴口罩或保持物理距离的情况下恢复活动，包括在室内。</blockquote></p><p> This should allow theaters to open back up at full capacity and be a desirable destination for vaccinated movie patrons. Also yesterday,<b>Walt Disney</b>(NYSE:DIS)announced its quarterly earnings report, and CEO Bob Chapek noted \"increased production at our studios.\" While that is a positive for theater operators, Disney also reported disappointing subscriber growth in itsstreaming services.</p><p><blockquote>这应该可以让电影院满负荷重新开放，并成为接种疫苗的电影观众的理想目的地。也是昨天，<b>华特·迪士尼</b>（纽约证券交易所代码：DIS）公布了季度收益报告，首席执行官鲍勃·查佩克 (Bob Chapek) 指出“我们工作室的产量有所增加”。虽然这对影院运营商来说是个好消息，但迪士尼也报告了其流媒体服务的用户增长令人失望。</blockquote></p><p> <b>Now what</b></p><p><blockquote><b>现在呢</b></blockquote></p><p> Lower streaming subscriptions could be a positive sign for the theater business. As vaccinations continue to roll out, and with the CDC now officially giving its approval to gather indoors with crowds and without masks, theater attendance may resume quickly.</p><p><blockquote>较低的流媒体订阅可能是影院业务的一个积极迹象。随着疫苗接种的继续推广，随着疾病预防控制中心现在正式批准在室内聚集人群，不戴口罩，剧院上座率可能会很快恢复。</blockquote></p><p> Vaccinations are going to drive people back to activities outside the home. Movie theaters are likely to be a favorite destination after more than a year of mostly watching at home. On the heels of another capital raise, AMC investors may be thinking this company finally has a promising path ahead.</p><p><blockquote>疫苗接种将促使人们回到户外活动中。经过一年多的在家观看，电影院可能会成为最受欢迎的目的地。在再次融资之后，AMC 投资者可能认为这家公司终于有了一条充满希望的道路。</blockquote></p><p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Why AMC Entertainment Stock Jumped Again Friday<blockquote>为什么AMC院线股价周五再次上涨</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhy AMC Entertainment Stock Jumped Again Friday<blockquote>为什么AMC院线股价周五再次上涨</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Motley Fool</strong><span class=\"h-time small\">2021-05-14 23:03</span>\n</p>\n</h4>\n</header>\n<article>\n<p>  <b>AMC investors have reason for more optimism on the heels of another capital raise.</b>  <b>What happened</b></p><p><blockquote><b>AMC 投资者有理由在再次融资后更加乐观。</b><b>发生了什么事</b></blockquote></p><p> A day after<b>AMC Entertainment Holdings</b>(NYSE:AMC)</p><p><blockquote>一天后<b>AMC院线控股</b>（纽约证券交易所代码：AMC）</blockquote></p><p> <b>So what</b></p><p><blockquote><b>那又怎样</b></blockquote></p><p> Yesterday's jump came after the company announcedit raised $428 million</p><p><blockquote>昨天的上涨是在该公司宣布筹集 4.28 亿美元之后发生的</blockquote></p><p> First, the Centers for Disease Control and Prevention (CDC) issued a new statement on current health and safety protocols saying that fully vaccinated people can resume activities without wearing a mask or physically distancing, including indoors.</p><p><blockquote>首先，疾病控制和预防中心（CDC）就当前的健康和安全协议发表了一份新声明，称完全接种疫苗的人可以在不戴口罩或保持物理距离的情况下恢复活动，包括在室内。</blockquote></p><p> This should allow theaters to open back up at full capacity and be a desirable destination for vaccinated movie patrons. Also yesterday,<b>Walt Disney</b>(NYSE:DIS)announced its quarterly earnings report, and CEO Bob Chapek noted \"increased production at our studios.\" While that is a positive for theater operators, Disney also reported disappointing subscriber growth in itsstreaming services.</p><p><blockquote>这应该可以让电影院满负荷重新开放，并成为接种疫苗的电影观众的理想目的地。也是昨天，<b>华特·迪士尼</b>（纽约证券交易所代码：DIS）公布了季度收益报告，首席执行官鲍勃·查佩克 (Bob Chapek) 指出“我们工作室的产量有所增加”。虽然这对影院运营商来说是个好消息，但迪士尼也报告了其流媒体服务的用户增长令人失望。</blockquote></p><p> <b>Now what</b></p><p><blockquote><b>现在呢</b></blockquote></p><p> Lower streaming subscriptions could be a positive sign for the theater business. As vaccinations continue to roll out, and with the CDC now officially giving its approval to gather indoors with crowds and without masks, theater attendance may resume quickly.</p><p><blockquote>较低的流媒体订阅可能是影院业务的一个积极迹象。随着疫苗接种的继续推广，随着疾病预防控制中心现在正式批准在室内聚集人群，不戴口罩，剧院上座率可能会很快恢复。</blockquote></p><p> Vaccinations are going to drive people back to activities outside the home. Movie theaters are likely to be a favorite destination after more than a year of mostly watching at home. On the heels of another capital raise, AMC investors may be thinking this company finally has a promising path ahead.</p><p><blockquote>疫苗接种将促使人们回到户外活动中。经过一年多的在家观看，电影院可能会成为最受欢迎的目的地。在再次融资之后，AMC 投资者可能认为这家公司终于有了一条充满希望的道路。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.fool.com/investing/2021/05/14/why-amc-entertainment-stock-jumped-again-friday/\">Motley Fool</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AMC":"AMC院线"},"source_url":"https://www.fool.com/investing/2021/05/14/why-amc-entertainment-stock-jumped-again-friday/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1163454382","content_text":"AMC investors have reason for more optimism on the heels of another capital raise.\n\nWhat happened\nA day afterAMC Entertainment Holdings(NYSE:AMC)\nSo what\nYesterday's jump came after the company announcedit raised $428 million\nFirst, the Centers for Disease Control and Prevention (CDC) issued a new statement on current health and safety protocols saying that fully vaccinated people can resume activities without wearing a mask or physically distancing, including indoors.\nThis should allow theaters to open back up at full capacity and be a desirable destination for vaccinated movie patrons. Also yesterday,Walt Disney(NYSE:DIS)announced its quarterly earnings report, and CEO Bob Chapek noted \"increased production at our studios.\" While that is a positive for theater operators, Disney also reported disappointing subscriber growth in itsstreaming services.\nNow what\nLower streaming subscriptions could be a positive sign for the theater business. As vaccinations continue to roll out, and with the CDC now officially giving its approval to gather indoors with crowds and without masks, theater attendance may resume quickly.\nVaccinations are going to drive people back to activities outside the home. Movie theaters are likely to be a favorite destination after more than a year of mostly watching at home. On the heels of another capital raise, AMC investors may be thinking this company finally has a promising path ahead.","news_type":1,"symbols_score_info":{"AMC":0.9}},"isVote":1,"tweetType":1,"viewCount":666,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":101741078,"gmtCreate":1619950238394,"gmtModify":1634208910872,"author":{"id":"3580216654548696","authorId":"3580216654548696","name":"yct","avatar":"https://static.tigerbbs.com/fc8d88e888d52a12790f96349bf44387","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3580216654548696","authorIdStr":"3580216654548696"},"themes":[],"title":"","htmlText":"Trust","listText":"Trust","text":"Trust","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/101741078","repostId":"1103106179","repostType":4,"isVote":1,"tweetType":1,"viewCount":1084,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":103155885,"gmtCreate":1619759186047,"gmtModify":1634210113860,"author":{"id":"3580216654548696","authorId":"3580216654548696","name":"yct","avatar":"https://static.tigerbbs.com/fc8d88e888d52a12790f96349bf44387","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3580216654548696","authorIdStr":"3580216654548696"},"themes":[],"title":"","htmlText":"🚀🚀🚀","listText":"🚀🚀🚀","text":"🚀🚀🚀","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/103155885","repostId":"2131534297","repostType":4,"isVote":1,"tweetType":1,"viewCount":492,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}