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2021-08-16

Palantir definitely has great potential

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2021-06-25

With booming e-commerce, logistics are the backbone of the whole industry

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2021-06-06

Don't think there will be any thing out of the usual announcement, looking forward to the new range of MacBooks soon.

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2021-07-18

The margins are going to be squeezed as more players join in the fray

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2021-05-31

For Bitcoin supporters, the dip is great news

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2021-06-29

NIO indeed is a good buy for long term. Their BaaS is going to be very popular and will be successful if planned properly.

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2021-06-27

If Ford doesn't innovate and catch up in the EV race, it will only slip down the ranks

Ford Or NIO? The Final Verdict<blockquote>福特还是蔚来？最终判决</blockquote>

2021-06-03

Purely speculative

Opinion: What’s the smart way to play AMC’s stock? Try these two options strategies<blockquote>观点：玩 AMC 股票的明智方法是什么？尝试这两种期权策略</blockquote>

2021-08-25

In the near term, business is not slowing down, good potential for higher growth

TSMC shares up on price increase; company declines to comment<blockquote>台积电股价因涨价而上涨；公司拒绝置评</blockquote>

2021-05-17

Interesting, would definitely like to know why the favour of Disney over Netflix.

Cathie Wood Buys $26M Disney Shares And Sells $13M In Netflix: What You Need To Know<blockquote>凯西·伍德 (Cathie Wood) 购买 2600 万美元的迪士尼股票并出售 1300 万美元的 Netflix：您需要了解什么</blockquote>

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rally, Santa rally, Santa rally 😂","listText":"Santa rally, Santa rally, Santa rally 😂","text":"Santa rally, Santa rally, Santa rally 😂","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/607910131","repostId":"1186687745","repostType":2,"repost":{"id":"1186687745","kind":"news","pubTimestamp":1639445704,"share":"https://www.laohunote.com/m/news/1186687745?lang=zh_CN&edition=full","pubTime":"2021-12-14 09:35","market":"us","language":"en","title":"Why Stocks' Next Rally Could Be Coming Soon<blockquote>为什么股市的下一次反弹可能很快就会到来</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1186687745","media":"Barrons","summary":"Stocks appear to be almost through a difficult stretch brought on by news that the Federal Reserve i","content":"<p>Stocks appear to be almost through a difficult stretch brought on by news that the Federal Reserve is removing support from markets and the economy. History tells us that a sustained rally will likely begin soon.</p><p><blockquote>由于美联储正在取消对市场和经济的支持的消息，股市似乎几乎已经度过了一段困难时期。历史告诉我们，持续的反弹可能很快就会开始。</blockquote></p><p> As of Dec. 1, the&nbsp;S&amp;P 500&nbsp;had fallen 4.1% from the record high it reached on Nov. 18, only to rebound 4.4% to a new closing high of 4712.02 on Friday. Monday, it&nbsp;slipped back, with a loss of 0.9%.</p><p><blockquote>截至12月1日，标普500较11月18日创下的历史新高下跌4.1%，周五才反弹4.4%至4712.02的新收盘高点。周一回落，跌幅为0.9%。</blockquote></p><p> The volatility centers on the Fed’s effort to fight inflation by moving away from the aggressive efforts to bolster growth it put in place as the pandemic ravaged the economy in 2020. Not only is the central bank already reducing its monthly bond purchases by tens of billions of dollars a month, but Chairman Jerome Powell recently indicated even more cuts are on the way. Within months, the Fed will be buying zero dollars in Treasury bonds, compared with $65 billion a month as recently as November.</p><p><blockquote>波动的核心是美联储在 2020 年大流行病肆虐经济时，放弃了为促进经济增长而采取的积极措施，从而对抗通胀。美联储不仅已经每月减少数百亿美元的债券购买，而且主席杰罗姆·鲍威尔最近表示，更多的削减即将到来。几个月内，美联储将购买零美元国债，而就在 11 月份，每月购买 650 亿美元国债。</blockquote></p><p> That could drag bond prices down, lifting their yields and making it more difficult for households and businesses to borrow money. Not only would that likely slow economic growth, but it also would mean less money will be flowing through financial markets, leaving less capital available to bid for stocks and other risky assets. And once the Fed has ended its bond-buying program, it will turn its attention to lifting short-term interest rates.</p><p><blockquote>这可能会拖累债券价格，提高债券收益率，并使家庭和企业更难借钱。这不仅可能会减缓经济增长，还意味着流经金融市场的资金将会减少，从而减少可用于购买股票和其他风险资产的资本。一旦美联储结束债券购买计划，它将把注意力转向提高短期利率。</blockquote></p><p> But it is increasingly looking like the stock market has already factored in those moves. “The market began to discount eventual Fed tightening once supply chain effects became clearer this past spring, and as inflation compares began to accelerate,” Scott Chronert, global head of exchange-traded fund research at Citigroup, wrote in a research note Friday. “Selling the uncertainty ahead of a hawkish Fed change can often lead to buying on the alleviation of that uncertainty.”</p><p><blockquote>但股市似乎已经考虑到了这些走势。“花旗集团（Citigroup）交易所交易基金研究全球主管斯科特-克罗纳特（Scott Chronert）周五在一份研究报告中写道：”去年春天，一旦供应链效应变得更加明显，随着通胀比较开始加速，市场就开始对美联储最终收紧货币政策打折扣。“在美联储鹰派转向之前抛售不确定性，往往会导致在不确定性缓解后买入”。</blockquote></p><p> Buying activity will probably pick up within the next few months, given the market’s behavior in the past four cycles of interest-rate increases. Gains in the S&amp;P 500 from a year before an initial rate boost to six months afterward have averaged almost 15%, according to Credit Suisse data. From the same starting point to 12 months after an initial rate increase, the average gain is 18%.</p><p><blockquote>鉴于市场在过去四个加息周期中的表现，购买活动可能会在未来几个月内回升。根据瑞士信贷的数据，从首次加息前一年到加息后六个月，标普500的平均涨幅接近 15%。从相同的起点到初始加息后的12个月，平均收益为18%。</blockquote></p><p> That doesn’t mean investors should blindly pour money into stocks: More volatility could be ahead. In the few months ahead of an initial rate increase, the market usually rises only minimally, according to Credit Suisse. Those few months are a time when investors tend to still be assessing the damage that tighter monetary policy could inflict on the economy.</p><p><blockquote>这并不意味着投资者应该盲目地将资金投入股市： 未来可能会出现更大的波动。瑞士信贷表示，在首次加息前的几个月里，市场通常只会小幅上涨。在这几个月里，投资者往往仍在评估收紧货币政策可能对经济造成的损害。</blockquote></p><p> That’s especially true today. The bond market is already reflecting that the Fed could make a mistake, raising rates too many times, too quickly, abruptly choking off economic growth.</p><p><blockquote>今天尤其如此。债券市场已经反映出美联储可能会犯错误，加息次数过多、过快，突然扼杀经济增长。</blockquote></p><p> The Fed isn’t used to trying to quell inflation. For the entire era since the 2008-2009 financial crisis era—and certainly during the pandemic-ravaged 2020—the Fed was trying to bring inflation higher by implementing loose monetary policy. Now, it is trying to keep inflation down, and investors are asking themselves whether it will damage economic demand in doing so.</p><p><blockquote>美联储并不习惯试图抑制通胀。自2008-2009年金融危机时代以来的整个时代——当然还有疫情肆虐的2020年——美联储试图通过实施宽松的货币政策来推高通胀。现在，它正试图压低通胀，投资者在问自己这样做是否会损害经济需求。</blockquote></p><p> But one thing does seem like a solid bet. The rough waters in stocks are likely to be fairly temporary: The bull market can probably keep on chugging along—if the Fed doesn’t tighten policy too aggressively.</p><p><blockquote>但有一件事似乎是一个可靠的赌注。股市的波涛汹涌很可能是暂时的： 如果美联储不过于激进地收紧政策，牛市可能会继续下去。</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 Stocks' Next Rally Could Be Coming Soon<blockquote>为什么股市的下一次反弹可能很快就会到来</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 Stocks' Next Rally Could Be Coming Soon<blockquote>为什么股市的下一次反弹可能很快就会到来</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Barrons</strong><span class=\"h-time small\">2021-12-14 09:35</span>\n</p>\n</h4>\n</header>\n<article>\n<p>Stocks appear to be almost through a difficult stretch brought on by news that the Federal Reserve is removing support from markets and the economy. History tells us that a sustained rally will likely begin soon.</p><p><blockquote>由于美联储正在取消对市场和经济的支持的消息，股市似乎几乎已经度过了一段困难时期。历史告诉我们，持续的反弹可能很快就会开始。</blockquote></p><p> As of Dec. 1, the&nbsp;S&amp;P 500&nbsp;had fallen 4.1% from the record high it reached on Nov. 18, only to rebound 4.4% to a new closing high of 4712.02 on Friday. Monday, it&nbsp;slipped back, with a loss of 0.9%.</p><p><blockquote>截至12月1日，标普500较11月18日创下的历史新高下跌4.1%，周五才反弹4.4%至4712.02的新收盘高点。周一回落，跌幅为0.9%。</blockquote></p><p> The volatility centers on the Fed’s effort to fight inflation by moving away from the aggressive efforts to bolster growth it put in place as the pandemic ravaged the economy in 2020. Not only is the central bank already reducing its monthly bond purchases by tens of billions of dollars a month, but Chairman Jerome Powell recently indicated even more cuts are on the way. Within months, the Fed will be buying zero dollars in Treasury bonds, compared with $65 billion a month as recently as November.</p><p><blockquote>波动的核心是美联储在 2020 年大流行病肆虐经济时，放弃了为促进经济增长而采取的积极措施，从而对抗通胀。美联储不仅已经每月减少数百亿美元的债券购买，而且主席杰罗姆·鲍威尔最近表示，更多的削减即将到来。几个月内，美联储将购买零美元国债，而就在 11 月份，每月购买 650 亿美元国债。</blockquote></p><p> That could drag bond prices down, lifting their yields and making it more difficult for households and businesses to borrow money. Not only would that likely slow economic growth, but it also would mean less money will be flowing through financial markets, leaving less capital available to bid for stocks and other risky assets. And once the Fed has ended its bond-buying program, it will turn its attention to lifting short-term interest rates.</p><p><blockquote>这可能会拖累债券价格，提高债券收益率，并使家庭和企业更难借钱。这不仅可能会减缓经济增长，还意味着流经金融市场的资金将会减少，从而减少可用于购买股票和其他风险资产的资本。一旦美联储结束债券购买计划，它将把注意力转向提高短期利率。</blockquote></p><p> But it is increasingly looking like the stock market has already factored in those moves. “The market began to discount eventual Fed tightening once supply chain effects became clearer this past spring, and as inflation compares began to accelerate,” Scott Chronert, global head of exchange-traded fund research at Citigroup, wrote in a research note Friday. “Selling the uncertainty ahead of a hawkish Fed change can often lead to buying on the alleviation of that uncertainty.”</p><p><blockquote>但股市似乎已经考虑到了这些走势。“花旗集团（Citigroup）交易所交易基金研究全球主管斯科特-克罗纳特（Scott Chronert）周五在一份研究报告中写道：”去年春天，一旦供应链效应变得更加明显，随着通胀比较开始加速，市场就开始对美联储最终收紧货币政策打折扣。“在美联储鹰派转向之前抛售不确定性，往往会导致在不确定性缓解后买入”。</blockquote></p><p> Buying activity will probably pick up within the next few months, given the market’s behavior in the past four cycles of interest-rate increases. Gains in the S&amp;P 500 from a year before an initial rate boost to six months afterward have averaged almost 15%, according to Credit Suisse data. From the same starting point to 12 months after an initial rate increase, the average gain is 18%.</p><p><blockquote>鉴于市场在过去四个加息周期中的表现，购买活动可能会在未来几个月内回升。根据瑞士信贷的数据，从首次加息前一年到加息后六个月，标普500的平均涨幅接近 15%。从相同的起点到初始加息后的12个月，平均收益为18%。</blockquote></p><p> That doesn’t mean investors should blindly pour money into stocks: More volatility could be ahead. In the few months ahead of an initial rate increase, the market usually rises only minimally, according to Credit Suisse. Those few months are a time when investors tend to still be assessing the damage that tighter monetary policy could inflict on the economy.</p><p><blockquote>这并不意味着投资者应该盲目地将资金投入股市： 未来可能会出现更大的波动。瑞士信贷表示，在首次加息前的几个月里，市场通常只会小幅上涨。在这几个月里，投资者往往仍在评估收紧货币政策可能对经济造成的损害。</blockquote></p><p> That’s especially true today. The bond market is already reflecting that the Fed could make a mistake, raising rates too many times, too quickly, abruptly choking off economic growth.</p><p><blockquote>今天尤其如此。债券市场已经反映出美联储可能会犯错误，加息次数过多、过快，突然扼杀经济增长。</blockquote></p><p> The Fed isn’t used to trying to quell inflation. For the entire era since the 2008-2009 financial crisis era—and certainly during the pandemic-ravaged 2020—the Fed was trying to bring inflation higher by implementing loose monetary policy. Now, it is trying to keep inflation down, and investors are asking themselves whether it will damage economic demand in doing so.</p><p><blockquote>美联储并不习惯试图抑制通胀。自2008-2009年金融危机时代以来的整个时代——当然还有疫情肆虐的2020年——美联储试图通过实施宽松的货币政策来推高通胀。现在，它正试图压低通胀，投资者在问自己这样做是否会损害经济需求。</blockquote></p><p> But one thing does seem like a solid bet. The rough waters in stocks are likely to be fairly temporary: The bull market can probably keep on chugging along—if the Fed doesn’t tighten policy too aggressively.</p><p><blockquote>但有一件事似乎是一个可靠的赌注。股市的波涛汹涌很可能是暂时的： 如果美联储不过于激进地收紧政策，牛市可能会继续下去。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.barrons.com/articles/stocks-rally-fed-tightening-taper-rate-hike-51639430005?mod=hp_LATEST\">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":{".DJI":"道琼斯",".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite"},"source_url":"https://www.barrons.com/articles/stocks-rally-fed-tightening-taper-rate-hike-51639430005?mod=hp_LATEST","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1186687745","content_text":"Stocks appear to be almost through a difficult stretch brought on by news that the Federal Reserve is removing support from markets and the economy. History tells us that a sustained rally will likely begin soon.\nAs of Dec. 1, the S&P 500 had fallen 4.1% from the record high it reached on Nov. 18, only to rebound 4.4% to a new closing high of 4712.02 on Friday. Monday, it slipped back, with a loss of 0.9%.\nThe volatility centers on the Fed’s effort to fight inflation by moving away from the aggressive efforts to bolster growth it put in place as the pandemic ravaged the economy in 2020. Not only is the central bank already reducing its monthly bond purchases by tens of billions of dollars a month, but Chairman Jerome Powell recently indicated even more cuts are on the way. Within months, the Fed will be buying zero dollars in Treasury bonds, compared with $65 billion a month as recently as November.\nThat could drag bond prices down, lifting their yields and making it more difficult for households and businesses to borrow money. Not only would that likely slow economic growth, but it also would mean less money will be flowing through financial markets, leaving less capital available to bid for stocks and other risky assets. And once the Fed has ended its bond-buying program, it will turn its attention to lifting short-term interest rates.\nBut it is increasingly looking like the stock market has already factored in those moves. “The market began to discount eventual Fed tightening once supply chain effects became clearer this past spring, and as inflation compares began to accelerate,” Scott Chronert, global head of exchange-traded fund research at Citigroup, wrote in a research note Friday. “Selling the uncertainty ahead of a hawkish Fed change can often lead to buying on the alleviation of that uncertainty.”\nBuying activity will probably pick up within the next few months, given the market’s behavior in the past four cycles of interest-rate increases. Gains in the S&P 500 from a year before an initial rate boost to six months afterward have averaged almost 15%, according to Credit Suisse data. From the same starting point to 12 months after an initial rate increase, the average gain is 18%.\nThat doesn’t mean investors should blindly pour money into stocks: More volatility could be ahead. In the few months ahead of an initial rate increase, the market usually rises only minimally, according to Credit Suisse. Those few months are a time when investors tend to still be assessing the damage that tighter monetary policy could inflict on the economy.\nThat’s especially true today. The bond market is already reflecting that the Fed could make a mistake, raising rates too many times, too quickly, abruptly choking off economic growth.\nThe Fed isn’t used to trying to quell inflation. For the entire era since the 2008-2009 financial crisis era—and certainly during the pandemic-ravaged 2020—the Fed was trying to bring inflation higher by implementing loose monetary policy. Now, it is trying to keep inflation down, and investors are asking themselves whether it will damage economic demand in doing so.\nBut one thing does seem like a solid bet. The rough waters in stocks are likely to be fairly temporary: The bull market can probably keep on chugging along—if the Fed doesn’t tighten policy too aggressively.","news_type":1,"symbols_score_info":{".DJI":0.9,".SPX":0.9,".IXIC":0.9}},"isVote":1,"tweetType":1,"viewCount":2920,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":607052321,"gmtCreate":1639462837835,"gmtModify":1639464368897,"author":{"id":"3581079319641993","authorId":"3581079319641993","name":"mummumtumtum","avatar":"https://static.tigerbbs.com/1314a5de0c397dde3e609fa1f0de4fba","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3581079319641993","idStr":"3581079319641993"},"themes":[],"title":"","htmlText":"Institution investors cashing out for some profits and buy back when price dips.","listText":"Institution investors cashing out for some profits and buy back when price dips.","text":"Institution investors cashing out for some profits and buy back when price dips.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/607052321","repostId":"1114636896","repostType":2,"repost":{"id":"1114636896","kind":"news","pubTimestamp":1639439509,"share":"https://www.laohunote.com/m/news/1114636896?lang=zh_CN&edition=full","pubTime":"2021-12-14 07:51","market":"us","language":"en","title":"Tesla Stock Is in a Bear Market Again. What’s Next for Musk’s EV Firm.<blockquote>特斯拉股票再次陷入熊市。马斯克的电动汽车公司的下一步是什么？</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1114636896","media":"Barrons","summary":"Shares of electric-vehicle leader Tesla crossed into bear-market territory today. That statement is ","content":"<p>Shares of electric-vehicle leader&nbsp;Tesla&nbsp;crossed into bear-market territory&nbsp;today. That statement is technically true, but also a little tiring. Stocks, individually, don’t have bear or bull markets. That terms should be reserved for, well, the overall market. Still, the big dip in a mega-cap stock is noteworthy leaving investors wondering what might come next.</p><p><blockquote>电动汽车领导者特斯拉的股价今天进入熊市区域。这种说法在技术上是正确的，但也有点累人。个股没有熊市或牛市。这些条款应该保留给整个市场。尽管如此，大盘股的大幅下跌还是值得注意的，让投资者想知道接下来会发生什么。</blockquote></p><p> Tesla (ticker: TSLA) stock closed down 5% at $966.41. The&nbsp;S&amp;P 500 index&nbsp;and&nbsp;Dow Jones Industrial Average&nbsp;both closed down 0.9%.</p><p><blockquote>特斯拉（股票代码：TSLA）股价收盘下跌 5%，至 966.41 美元。标普500指数和道琼斯工业平均指数收盘均下跌0.9%。</blockquote></p><p> The Monday dip sent the company’s market cap below $1 trillion based on the number of shares outstanding, excluding management stock options. Shares are down 21% from the Nov. 4 closing high of $1,229.91. Shares are down 22% from the intraday high of $1,243.49.</p><p><blockquote>根据流通股数量（不包括管理层股票期权）计算，周一的下跌使该公司的市值低于 1 万亿美元。股价较 11 月 4 日收盘高点 1,229.91 美元下跌 21%。股价较盘中高点 1,243.49 美元下跌 22%。</blockquote></p><p> Whether or not bear markets should be measured from a closing high or an intraday high is the source of debate on Wall Street. But again, the debate doesn’t really matter in this instance because individual stocks don’t have bull and bear markets.</p><p><blockquote>熊市是否应该用收盘高点或盘中高点来衡量是华尔街争论的根源。但同样，在这种情况下，这场争论并不重要，因为个股没有牛市和熊市之分。</blockquote></p><p> Whether it’s a bear market or not isn’t the point for individual investors. The pain of a 20% drop is real.</p><p><blockquote>对于个人投资者来说，是否是熊市并不是重点。下降20%的痛苦是真实的。</blockquote></p><p> One of the last times Tesla stock closed in bear-market territory was February 2021. (Yes, <i>Barron’s</i> wrote about the single stock bear market then, too.) Back then, interest rates were rising and highly valued tech stocks took it on the chin. Higher rates hurt the valuation of shares of faster-growing companies more than those of slow-growing mature companies—that’s just the way the math of higher interest rates works out.</p><p><blockquote>特斯拉股票上一次收于熊市区域是在 2021 年 2 月。（是的，<i>巴伦</i>当时也写了有关单一股票熊市的文章。）当时，利率正在上升，高估值科技股承受了损失。与增长缓慢的成熟公司股票相比，较高的利率对增长较快的公司股票估值的损害更大--这就是较高利率的计算方法。</blockquote></p><p> Back then it took about six months for the stock to retake its old highs. If that were to happen again, bullish investors would be waiting until June 2022 to see Tesla stock hit $1,300.</p><p><blockquote>当时，该股花了大约六个月的时间才重新回到原来的高点。如果这种情况再次发生，看涨投资者将等到 2022 年 6 月才能看到特斯拉股价触及 1,300 美元。</blockquote></p><p> That would be a long wait for bulls, and while there is no way to know if that scenario will even unfold, there is a lot going on that could move the stock in the coming couple of months. Bullish and bearish Tesla investors will be watching for the startup of two new plants in Germany and Texas, the impact of those new plants on profit margins, the start of deliveries of the Tesla Cybertruck and the overall growth of EVs in the U.S., Europe, and China.</p><p><blockquote>对于多头来说，这将是一个漫长的等待，虽然无法知道这种情况是否会发生，但未来几个月有很多事情可能会改变该股的走势。看涨和看跌的特斯拉投资者将关注德国和德克萨斯两家新工厂的启动、这些新工厂对利润率的影响、特斯拉 Cybertruck 的开始交付以及美国、欧洲和中国电动汽车的整体增长。</blockquote></p><p> With all that coming, it raising the question of why the shares are struggling.</p><p><blockquote>随着这一切的到来，这引发了一个问题：为什么股市会陷入困境。</blockquote></p><p> Two things might be at work. First, CEO Elon Musk is still selling stock. It creates an overhang. Some bulls might wait to buy until the large sales are over. Musk has at least 5 million or 6 million shares left to sell associated with his expiring stock options. He will probably be done selling by the end of 2021, but he might just Tweet out when he’s done. At current pace, we figure by year-end.</p><p><blockquote>有两件事可能在起作用。首先，首席执行官埃隆·马斯克仍在出售股票。它会产生一个悬垂。一些多头可能会等到大规模销售结束后再买入。马斯克至少还有 500 万股或 600 万股与即将到期的股票期权相关的股票需要出售。他可能会在 2021 年底前完成销售，但销售完成后他可能会在推特上发文。按照目前的速度，我们预计到年底。</blockquote></p><p> Second, there is the issue of Musk being named Time’s Person of the Year.Amazon.com&nbsp;(AMZN) founder Jeff Bezos won that distinction in 1999, near a multiyear peak in that stock. Amazon shares went on to slide, and some investors think Tesla stock could do the same.</p><p><blockquote>其次，还有马斯克被评为《时代》周刊年度人物的问题。亚马逊股价继续下滑，一些投资者认为特斯拉股票也可能出现同样的下滑。</blockquote></p><p> The Amazon comparison with Tesla doesn’t quite match up, however. The two companies are at very different stages of development when their top executives won Time’s distinction. Amazon had a market capitalization of $27 billion back then. Tesla’s market cap is now hovering around $1 trillion.</p><p><blockquote>不过，亚马逊与特斯拉的比较并不完全一致。当两家公司的高管获得《时代》杂志的表彰时，它们正处于截然不同的发展阶段。当时亚马逊的市值为270亿美元。特斯拉的市值目前徘徊在 1 万亿美元左右。</blockquote></p><p> Still, it’s a belief, and traders do odd things from time to time, justified or not. When stocks move upward, or downward, momentum traders will jump on the trend for whatever reason.</p><p><blockquote>尽管如此，这仍然是一种信念，交易者们时不时会做出一些奇怪的事情，无论是否合理。当股票上涨或下跌时，动量交易者会出于任何原因跟上趋势。</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>Tesla Stock Is in a Bear Market Again. What’s Next for Musk’s EV Firm.<blockquote>特斯拉股票再次陷入熊市。马斯克的电动汽车公司的下一步是什么？</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTesla Stock Is in a Bear Market Again. What’s Next for Musk’s EV Firm.<blockquote>特斯拉股票再次陷入熊市。马斯克的电动汽车公司的下一步是什么？</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Barrons</strong><span class=\"h-time small\">2021-12-14 07:51</span>\n</p>\n</h4>\n</header>\n<article>\n<p>Shares of electric-vehicle leader&nbsp;Tesla&nbsp;crossed into bear-market territory&nbsp;today. That statement is technically true, but also a little tiring. Stocks, individually, don’t have bear or bull markets. That terms should be reserved for, well, the overall market. Still, the big dip in a mega-cap stock is noteworthy leaving investors wondering what might come next.</p><p><blockquote>电动汽车领导者特斯拉的股价今天进入熊市区域。这种说法在技术上是正确的，但也有点累人。个股没有熊市或牛市。这些条款应该保留给整个市场。尽管如此，大盘股的大幅下跌还是值得注意的，让投资者想知道接下来会发生什么。</blockquote></p><p> Tesla (ticker: TSLA) stock closed down 5% at $966.41. The&nbsp;S&amp;P 500 index&nbsp;and&nbsp;Dow Jones Industrial Average&nbsp;both closed down 0.9%.</p><p><blockquote>特斯拉（股票代码：TSLA）股价收盘下跌 5%，至 966.41 美元。标普500指数和道琼斯工业平均指数收盘均下跌0.9%。</blockquote></p><p> The Monday dip sent the company’s market cap below $1 trillion based on the number of shares outstanding, excluding management stock options. Shares are down 21% from the Nov. 4 closing high of $1,229.91. Shares are down 22% from the intraday high of $1,243.49.</p><p><blockquote>根据流通股数量（不包括管理层股票期权）计算，周一的下跌使该公司的市值低于 1 万亿美元。股价较 11 月 4 日收盘高点 1,229.91 美元下跌 21%。股价较盘中高点 1,243.49 美元下跌 22%。</blockquote></p><p> Whether or not bear markets should be measured from a closing high or an intraday high is the source of debate on Wall Street. But again, the debate doesn’t really matter in this instance because individual stocks don’t have bull and bear markets.</p><p><blockquote>熊市是否应该用收盘高点或盘中高点来衡量是华尔街争论的根源。但同样，在这种情况下，这场争论并不重要，因为个股没有牛市和熊市之分。</blockquote></p><p> Whether it’s a bear market or not isn’t the point for individual investors. The pain of a 20% drop is real.</p><p><blockquote>对于个人投资者来说，是否是熊市并不是重点。下降20%的痛苦是真实的。</blockquote></p><p> One of the last times Tesla stock closed in bear-market territory was February 2021. (Yes, <i>Barron’s</i> wrote about the single stock bear market then, too.) Back then, interest rates were rising and highly valued tech stocks took it on the chin. Higher rates hurt the valuation of shares of faster-growing companies more than those of slow-growing mature companies—that’s just the way the math of higher interest rates works out.</p><p><blockquote>特斯拉股票上一次收于熊市区域是在 2021 年 2 月。（是的，<i>巴伦</i>当时也写了有关单一股票熊市的文章。）当时，利率正在上升，高估值科技股承受了损失。与增长缓慢的成熟公司股票相比，较高的利率对增长较快的公司股票估值的损害更大--这就是较高利率的计算方法。</blockquote></p><p> Back then it took about six months for the stock to retake its old highs. If that were to happen again, bullish investors would be waiting until June 2022 to see Tesla stock hit $1,300.</p><p><blockquote>当时，该股花了大约六个月的时间才重新回到原来的高点。如果这种情况再次发生，看涨投资者将等到 2022 年 6 月才能看到特斯拉股价触及 1,300 美元。</blockquote></p><p> That would be a long wait for bulls, and while there is no way to know if that scenario will even unfold, there is a lot going on that could move the stock in the coming couple of months. Bullish and bearish Tesla investors will be watching for the startup of two new plants in Germany and Texas, the impact of those new plants on profit margins, the start of deliveries of the Tesla Cybertruck and the overall growth of EVs in the U.S., Europe, and China.</p><p><blockquote>对于多头来说，这将是一个漫长的等待，虽然无法知道这种情况是否会发生，但未来几个月有很多事情可能会改变该股的走势。看涨和看跌的特斯拉投资者将关注德国和德克萨斯两家新工厂的启动、这些新工厂对利润率的影响、特斯拉 Cybertruck 的开始交付以及美国、欧洲和中国电动汽车的整体增长。</blockquote></p><p> With all that coming, it raising the question of why the shares are struggling.</p><p><blockquote>随着这一切的到来，这引发了一个问题：为什么股市会陷入困境。</blockquote></p><p> Two things might be at work. First, CEO Elon Musk is still selling stock. It creates an overhang. Some bulls might wait to buy until the large sales are over. Musk has at least 5 million or 6 million shares left to sell associated with his expiring stock options. He will probably be done selling by the end of 2021, but he might just Tweet out when he’s done. At current pace, we figure by year-end.</p><p><blockquote>有两件事可能在起作用。首先，首席执行官埃隆·马斯克仍在出售股票。它会产生一个悬垂。一些多头可能会等到大规模销售结束后再买入。马斯克至少还有 500 万股或 600 万股与即将到期的股票期权相关的股票需要出售。他可能会在 2021 年底前完成销售，但销售完成后他可能会在推特上发文。按照目前的速度，我们预计到年底。</blockquote></p><p> Second, there is the issue of Musk being named Time’s Person of the Year.Amazon.com&nbsp;(AMZN) founder Jeff Bezos won that distinction in 1999, near a multiyear peak in that stock. Amazon shares went on to slide, and some investors think Tesla stock could do the same.</p><p><blockquote>其次，还有马斯克被评为《时代》周刊年度人物的问题。亚马逊股价继续下滑，一些投资者认为特斯拉股票也可能出现同样的下滑。</blockquote></p><p> The Amazon comparison with Tesla doesn’t quite match up, however. The two companies are at very different stages of development when their top executives won Time’s distinction. Amazon had a market capitalization of $27 billion back then. Tesla’s market cap is now hovering around $1 trillion.</p><p><blockquote>不过，亚马逊与特斯拉的比较并不完全一致。当两家公司的高管获得《时代》杂志的表彰时，它们正处于截然不同的发展阶段。当时亚马逊的市值为270亿美元。特斯拉的市值目前徘徊在 1 万亿美元左右。</blockquote></p><p> Still, it’s a belief, and traders do odd things from time to time, justified or not. When stocks move upward, or downward, momentum traders will jump on the trend for whatever reason.</p><p><blockquote>尽管如此，这仍然是一种信念，交易者们时不时会做出一些奇怪的事情，无论是否合理。当股票上涨或下跌时，动量交易者会出于任何原因跟上趋势。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.barrons.com/articles/tesla-stock-bear-musk-51639436863?mod=hp_LATEST\">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":{"TSLA":"特斯拉"},"source_url":"https://www.barrons.com/articles/tesla-stock-bear-musk-51639436863?mod=hp_LATEST","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1114636896","content_text":"Shares of electric-vehicle leader Tesla crossed into bear-market territory today. That statement is technically true, but also a little tiring. Stocks, individually, don’t have bear or bull markets. That terms should be reserved for, well, the overall market. Still, the big dip in a mega-cap stock is noteworthy leaving investors wondering what might come next.\nTesla (ticker: TSLA) stock closed down 5% at $966.41. The S&P 500 index and Dow Jones Industrial Average both closed down 0.9%.\nThe Monday dip sent the company’s market cap below $1 trillion based on the number of shares outstanding, excluding management stock options. Shares are down 21% from the Nov. 4 closing high of $1,229.91. Shares are down 22% from the intraday high of $1,243.49.\nWhether or not bear markets should be measured from a closing high or an intraday high is the source of debate on Wall Street. But again, the debate doesn’t really matter in this instance because individual stocks don’t have bull and bear markets.\nWhether it’s a bear market or not isn’t the point for individual investors. The pain of a 20% drop is real.\nOne of the last times Tesla stock closed in bear-market territory was February 2021. (Yes, Barron’s wrote about the single stock bear market then, too.) Back then, interest rates were rising and highly valued tech stocks took it on the chin. Higher rates hurt the valuation of shares of faster-growing companies more than those of slow-growing mature companies—that’s just the way the math of higher interest rates works out.\nBack then it took about six months for the stock to retake its old highs. If that were to happen again, bullish investors would be waiting until June 2022 to see Tesla stock hit $1,300.\nThat would be a long wait for bulls, and while there is no way to know if that scenario will even unfold, there is a lot going on that could move the stock in the coming couple of months. Bullish and bearish Tesla investors will be watching for the startup of two new plants in Germany and Texas, the impact of those new plants on profit margins, the start of deliveries of the Tesla Cybertruck and the overall growth of EVs in the U.S., Europe, and China.\nWith all that coming, it raising the question of why the shares are struggling.\nTwo things might be at work. First, CEO Elon Musk is still selling stock. It creates an overhang. Some bulls might wait to buy until the large sales are over. Musk has at least 5 million or 6 million shares left to sell associated with his expiring stock options. He will probably be done selling by the end of 2021, but he might just Tweet out when he’s done. At current pace, we figure by year-end.\nSecond, there is the issue of Musk being named Time’s Person of the Year.Amazon.com (AMZN) founder Jeff Bezos won that distinction in 1999, near a multiyear peak in that stock. Amazon shares went on to slide, and some investors think Tesla stock could do the same.\nThe Amazon comparison with Tesla doesn’t quite match up, however. The two companies are at very different stages of development when their top executives won Time’s distinction. Amazon had a market capitalization of $27 billion back then. Tesla’s market cap is now hovering around $1 trillion.\nStill, it’s a belief, and traders do odd things from time to time, justified or not. When stocks move upward, or downward, momentum traders will jump on the trend for whatever reason.","news_type":1,"symbols_score_info":{"TSLA":0.9}},"isVote":1,"tweetType":1,"viewCount":2982,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":602056868,"gmtCreate":1638946347661,"gmtModify":1638946347890,"author":{"id":"3581079319641993","authorId":"3581079319641993","name":"mummumtumtum","avatar":"https://static.tigerbbs.com/1314a5de0c397dde3e609fa1f0de4fba","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3581079319641993","idStr":"3581079319641993"},"themes":[],"title":"","htmlText":"Small amount, doesn't move the needle","listText":"Small amount, doesn't move the needle","text":"Small amount, doesn't move the needle","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/602056868","repostId":"1125810136","repostType":4,"repost":{"id":"1125810136","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":1638930417,"share":"https://www.laohunote.com/m/news/1125810136?lang=zh_CN&edition=full","pubTime":"2021-12-08 10:26","market":"us","language":"en","title":"Tesla's CFO Zachary Kirkhorn sold 2,652.25 Tesla shares on December 6<blockquote>特斯拉首席财务官 Zachary Kirkhorn 于 12 月 6 日出售了 2,652.25 股特斯拉股票</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1125810136","media":"Tiger Newspress","summary":"Tesla's CFO Zachary Kirkhorn sold 2,652.25 Tesla shares on December 6 for $980.43&nbsp;per&nbsp;share.\n\n\nVaibhav Taneja, Tesla's chief accounting officer, sold 1590.5 shares of Tesla on December 6 for $980.408&nbsp;per&nbsp;share.","content":"<p>Tesla's CFO Zachary Kirkhorn sold 2,652.25 Tesla shares on December 6 for $980.43&nbsp;per&nbsp;share.</p><p><blockquote>特斯拉首席财务官 Zachary Kirkhorn 于 12 月 6 日以每股 980.43 美元的价格出售了 2,652.25 股特斯拉股票。</blockquote></p><p> Vaibhav Taneja, Tesla's chief accounting officer, sold 1590.5 shares of Tesla on December 6 for $980.408&nbsp;per&nbsp;share.</p><p><blockquote>特斯拉首席会计官 Vaibhav Taneja 于 12 月 6 日以每股 980.408 美元的价格出售了 1590.5 股特斯拉股票。</blockquote></p><p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Tesla's CFO Zachary Kirkhorn sold 2,652.25 Tesla shares on December 6<blockquote>特斯拉首席财务官 Zachary Kirkhorn 于 12 月 6 日出售了 2,652.25 股特斯拉股票</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\">\nTesla's CFO Zachary Kirkhorn sold 2,652.25 Tesla shares on December 6<blockquote>特斯拉首席财务官 Zachary Kirkhorn 于 12 月 6 日出售了 2,652.25 股特斯拉股票</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\">2021-12-08 10:26</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>Tesla's CFO Zachary Kirkhorn sold 2,652.25 Tesla shares on December 6 for $980.43&nbsp;per&nbsp;share.</p><p><blockquote>特斯拉首席财务官 Zachary Kirkhorn 于 12 月 6 日以每股 980.43 美元的价格出售了 2,652.25 股特斯拉股票。</blockquote></p><p> Vaibhav Taneja, Tesla's chief accounting officer, sold 1590.5 shares of Tesla on December 6 for $980.408&nbsp;per&nbsp;share.</p><p><blockquote>特斯拉首席会计官 Vaibhav Taneja 于 12 月 6 日以每股 980.408 美元的价格出售了 1590.5 股特斯拉股票。</blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1125810136","content_text":"Tesla's CFO Zachary Kirkhorn sold 2,652.25 Tesla shares on December 6 for $980.43 per share.\nVaibhav Taneja, Tesla's chief accounting officer, sold 1590.5 shares of Tesla on December 6 for $980.408 per share.","news_type":1,"symbols_score_info":{"TSLA":0.9}},"isVote":1,"tweetType":1,"viewCount":2949,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":606229392,"gmtCreate":1638887316955,"gmtModify":1638887317146,"author":{"id":"3581079319641993","authorId":"3581079319641993","name":"mummumtumtum","avatar":"https://static.tigerbbs.com/1314a5de0c397dde3e609fa1f0de4fba","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3581079319641993","idStr":"3581079319641993"},"themes":[],"title":"","htmlText":"So now it's outperforming","listText":"So now it's outperforming","text":"So now it's outperforming","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/606229392","repostId":"1195364731","repostType":2,"repost":{"id":"1195364731","kind":"news","pubTimestamp":1638885960,"share":"https://www.laohunote.com/m/news/1195364731?lang=zh_CN&edition=full","pubTime":"2021-12-07 22:06","market":"us","language":"en","title":"Tesla Stock Price Target Raised to $1,000 at UBS. Here Is Why.<blockquote>瑞银将特斯拉股价目标上调至 1,000 美元。原因如下。</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1195364731","media":"Barrons","summary":"Shares of Tesla were rebounding Tuesday after UBS raised its price target on the stock, calling the ","content":"<p>Shares of&nbsp;Tesla&nbsp;were rebounding Tuesday after UBS raised its price target on the stock, calling the electric-vehicle company the “undisputed leader” in the market.</p><p><blockquote>瑞银（UBS）上调了特斯拉的目标股价，称这家电动汽车公司是市场上 “无可争议的领导者”，随后该公司股价周二反弹。</blockquote></p><p> Analyst Patrick Hummel increased his price target to $1,000 from $725, saying global demand for electric vehicles will propel the company to continue beating expectations in 2022. Hummel maintained a Neutral rating on the stock.</p><p><blockquote>分析师 Patrick Hummel 将目标价从 725 美元上调至 1,000 美元，并表示全球对电动汽车的需求将推动该公司在 2022 年继续超出预期。胡梅尔维持该股中性评级。</blockquote></p><p> The electric-vehicle manufacturer had a rough Monday, with the stock closing at $1,009.01, slipping dangerously close to its third bear market of the year. Tesla (ticker:TSLA) was faring better Tuesday, with shares rising 3.7% to $1,046 in premarket trading.</p><p><blockquote>这家电动汽车制造商周一表现不佳，股价收于 1,009.01 美元，危险地接近今年第三次熊市。特斯拉（股票代码：TSLA）周二表现更好，股价在盘前交易中上涨 3.7%，至 1,046 美元。</blockquote></p><p> Of the 41 analysts surveyed by FactSet, 17 rate the stock at Buy or Overweight, 12 rate it a Hold, and 12 rate it a Sell. The average price target is $851.09.</p><p><blockquote>在 FactSet 调查的 41 名分析师中，17 名分析师给予该股买入或跑赢大盘评级，12 名分析师给予持有评级，12 名分析师给予卖出评级。平均目标价为851.09美元。</blockquote></p><p> Tesla’s access to chips and batteries through vertical integration sets it apart from its competitors, helping the company cement market leadership with about 20% global EV share, the analyst said.</p><p><blockquote>这位分析师说，特斯拉通过垂直整合获得芯片和电池，使其在竞争对手中脱颖而出，帮助该公司巩固了市场领导地位，占据了全球电动汽车约 20% 的份额。</blockquote></p><p> “We’ve raised estimates sharply to reflect this undisputed leadership, however, current valuation fully reflects such steep curve,” Hummel wrote in a research note Tuesday.</p><p><blockquote>“胡梅尔在周二的一份研究报告中写道：”我们大幅提高了估值，以反映这种无可争议的领先地位，然而，目前的估值充分反映了如此陡峭的曲线。</blockquote></p><p> The title of Hummel’s research note on Tesla was: “Cementing leadership as EV market takes off: New $1,000 price target (from $725) – no rival to get even close to Tesla in 2022.”</p><p><blockquote>胡梅尔关于特斯拉的研究报告标题是： “随着电动汽车市场的腾飞，巩固领先地位： 新的 1000 美元目标价格（从 725 美元起）--到 2022 年，没有对手能接近特斯拉”。</blockquote></p><p> Hummel is forecasting Tesla’s car sales to grow from 894,000 in 2021 to 1.4 million in 2022, and reach 2.9 million by 2025, more than competitors&nbsp;BMW&nbsp;(BMW.DE) or&nbsp;Mercedes-Benz.He expects EVs in general to account for 50% of global car sales by 2030.</p><p><blockquote>胡梅尔预测，特斯拉的汽车销量将从2021年的89.4万辆增长到2022年的140万辆，到2025年将达到290万辆，超过竞争对手宝马（BMW.DE）或梅赛德斯-奔驰。他预计到 2030 年，电动汽车将占全球汽车销量的 50%。</blockquote></p><p> A big part of Tesla’s advantage is the software’s scalability, which can drive a big revenue pool with even higher margins well beyond 2025, Hummel said.</p><p><blockquote>胡梅尔说，特斯拉的一大优势在于软件的可扩展性，这可以在 2025 年之后推动庞大的收入池，利润率甚至更高。</blockquote></p><p> “Software is the next battleground in the global car industry, and no other carmaker is closer to monetize fully autonomous driving for everyday use, and the scalability of Tesla’s technology creates the biggest software-driven revenue opportunity in the industry,” he wrote.</p><p><blockquote>“软件是全球汽车行业的下一个战场，没有其他汽车制造商能更接近将日常使用的全自动驾驶货币化，而特斯拉技术的可扩展性创造了业内最大的软件驱动收入机会，”他写道。</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>Tesla Stock Price Target Raised to $1,000 at UBS. Here Is Why.<blockquote>瑞银将特斯拉股价目标上调至 1,000 美元。原因如下。</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTesla Stock Price Target Raised to $1,000 at UBS. Here Is Why.<blockquote>瑞银将特斯拉股价目标上调至 1,000 美元。原因如下。</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Barrons</strong><span class=\"h-time small\">2021-12-07 22:06</span>\n</p>\n</h4>\n</header>\n<article>\n<p>Shares of&nbsp;Tesla&nbsp;were rebounding Tuesday after UBS raised its price target on the stock, calling the electric-vehicle company the “undisputed leader” in the market.</p><p><blockquote>瑞银（UBS）上调了特斯拉的目标股价，称这家电动汽车公司是市场上 “无可争议的领导者”，随后该公司股价周二反弹。</blockquote></p><p> Analyst Patrick Hummel increased his price target to $1,000 from $725, saying global demand for electric vehicles will propel the company to continue beating expectations in 2022. Hummel maintained a Neutral rating on the stock.</p><p><blockquote>分析师 Patrick Hummel 将目标价从 725 美元上调至 1,000 美元，并表示全球对电动汽车的需求将推动该公司在 2022 年继续超出预期。胡梅尔维持该股中性评级。</blockquote></p><p> The electric-vehicle manufacturer had a rough Monday, with the stock closing at $1,009.01, slipping dangerously close to its third bear market of the year. Tesla (ticker:TSLA) was faring better Tuesday, with shares rising 3.7% to $1,046 in premarket trading.</p><p><blockquote>这家电动汽车制造商周一表现不佳，股价收于 1,009.01 美元，危险地接近今年第三次熊市。特斯拉（股票代码：TSLA）周二表现更好，股价在盘前交易中上涨 3.7%，至 1,046 美元。</blockquote></p><p> Of the 41 analysts surveyed by FactSet, 17 rate the stock at Buy or Overweight, 12 rate it a Hold, and 12 rate it a Sell. The average price target is $851.09.</p><p><blockquote>在 FactSet 调查的 41 名分析师中，17 名分析师给予该股买入或跑赢大盘评级，12 名分析师给予持有评级，12 名分析师给予卖出评级。平均目标价为851.09美元。</blockquote></p><p> Tesla’s access to chips and batteries through vertical integration sets it apart from its competitors, helping the company cement market leadership with about 20% global EV share, the analyst said.</p><p><blockquote>这位分析师说，特斯拉通过垂直整合获得芯片和电池，使其在竞争对手中脱颖而出，帮助该公司巩固了市场领导地位，占据了全球电动汽车约 20% 的份额。</blockquote></p><p> “We’ve raised estimates sharply to reflect this undisputed leadership, however, current valuation fully reflects such steep curve,” Hummel wrote in a research note Tuesday.</p><p><blockquote>“胡梅尔在周二的一份研究报告中写道：”我们大幅提高了估值，以反映这种无可争议的领先地位，然而，目前的估值充分反映了如此陡峭的曲线。</blockquote></p><p> The title of Hummel’s research note on Tesla was: “Cementing leadership as EV market takes off: New $1,000 price target (from $725) – no rival to get even close to Tesla in 2022.”</p><p><blockquote>胡梅尔关于特斯拉的研究报告标题是： “随着电动汽车市场的腾飞，巩固领先地位： 新的 1000 美元目标价格（从 725 美元起）--到 2022 年，没有对手能接近特斯拉”。</blockquote></p><p> Hummel is forecasting Tesla’s car sales to grow from 894,000 in 2021 to 1.4 million in 2022, and reach 2.9 million by 2025, more than competitors&nbsp;BMW&nbsp;(BMW.DE) or&nbsp;Mercedes-Benz.He expects EVs in general to account for 50% of global car sales by 2030.</p><p><blockquote>胡梅尔预测，特斯拉的汽车销量将从2021年的89.4万辆增长到2022年的140万辆，到2025年将达到290万辆，超过竞争对手宝马（BMW.DE）或梅赛德斯-奔驰。他预计到 2030 年，电动汽车将占全球汽车销量的 50%。</blockquote></p><p> A big part of Tesla’s advantage is the software’s scalability, which can drive a big revenue pool with even higher margins well beyond 2025, Hummel said.</p><p><blockquote>胡梅尔说，特斯拉的一大优势在于软件的可扩展性，这可以在 2025 年之后推动庞大的收入池，利润率甚至更高。</blockquote></p><p> “Software is the next battleground in the global car industry, and no other carmaker is closer to monetize fully autonomous driving for everyday use, and the scalability of Tesla’s technology creates the biggest software-driven revenue opportunity in the industry,” he wrote.</p><p><blockquote>“软件是全球汽车行业的下一个战场，没有其他汽车制造商能更接近将日常使用的全自动驾驶货币化，而特斯拉技术的可扩展性创造了业内最大的软件驱动收入机会，”他写道。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.barrons.com/articles/tesla-tsla-stock-price-target-raised-ubs-electric-vehicles-51638885474?mod=hp_LATEST\">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":{"TSLA":"特斯拉"},"source_url":"https://www.barrons.com/articles/tesla-tsla-stock-price-target-raised-ubs-electric-vehicles-51638885474?mod=hp_LATEST","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1195364731","content_text":"Shares of Tesla were rebounding Tuesday after UBS raised its price target on the stock, calling the electric-vehicle company the “undisputed leader” in the market.\nAnalyst Patrick Hummel increased his price target to $1,000 from $725, saying global demand for electric vehicles will propel the company to continue beating expectations in 2022. Hummel maintained a Neutral rating on the stock.\nThe electric-vehicle manufacturer had a rough Monday, with the stock closing at $1,009.01, slipping dangerously close to its third bear market of the year. Tesla (ticker:TSLA) was faring better Tuesday, with shares rising 3.7% to $1,046 in premarket trading.\nOf the 41 analysts surveyed by FactSet, 17 rate the stock at Buy or Overweight, 12 rate it a Hold, and 12 rate it a Sell. The average price target is $851.09.\nTesla’s access to chips and batteries through vertical integration sets it apart from its competitors, helping the company cement market leadership with about 20% global EV share, the analyst said.\n“We’ve raised estimates sharply to reflect this undisputed leadership, however, current valuation fully reflects such steep curve,” Hummel wrote in a research note Tuesday.\nThe title of Hummel’s research note on Tesla was: “Cementing leadership as EV market takes off: New $1,000 price target (from $725) – no rival to get even close to Tesla in 2022.”\nHummel is forecasting Tesla’s car sales to grow from 894,000 in 2021 to 1.4 million in 2022, and reach 2.9 million by 2025, more than competitors BMW (BMW.DE) or Mercedes-Benz.He expects EVs in general to account for 50% of global car sales by 2030.\nA big part of Tesla’s advantage is the software’s scalability, which can drive a big revenue pool with even higher margins well beyond 2025, Hummel said.\n“Software is the next battleground in the global car industry, and no other carmaker is closer to monetize fully autonomous driving for everyday use, and the scalability of Tesla’s technology creates the biggest software-driven revenue opportunity in the industry,” he wrote.","news_type":1,"symbols_score_info":{"TSLA":0.9}},"isVote":1,"tweetType":1,"viewCount":3632,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":601312505,"gmtCreate":1638491256389,"gmtModify":1638491256534,"author":{"id":"3581079319641993","authorId":"3581079319641993","name":"mummumtumtum","avatar":"https://static.tigerbbs.com/1314a5de0c397dde3e609fa1f0de4fba","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3581079319641993","idStr":"3581079319641993"},"themes":[],"title":"","htmlText":"Company doesn't have any fundamental to back the company valuation.","listText":"Company doesn't have any fundamental to back the company valuation.","text":"Company doesn't have any fundamental to back the company valuation.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/601312505","repostId":"2188951783","repostType":4,"isVote":1,"tweetType":1,"viewCount":3228,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":871362799,"gmtCreate":1637027362662,"gmtModify":1637027362806,"author":{"id":"3581079319641993","authorId":"3581079319641993","name":"mummumtumtum","avatar":"https://static.tigerbbs.com/1314a5de0c397dde3e609fa1f0de4fba","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3581079319641993","idStr":"3581079319641993"},"themes":[],"title":"","htmlText":"Sell high, buy low","listText":"Sell high, buy low","text":"Sell high, buy low","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/871362799","repostId":"1118366658","repostType":2,"isVote":1,"tweetType":1,"viewCount":4061,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":870201646,"gmtCreate":1636618398563,"gmtModify":1636618801463,"author":{"id":"3581079319641993","authorId":"3581079319641993","name":"mummumtumtum","avatar":"https://static.tigerbbs.com/1314a5de0c397dde3e609fa1f0de4fba","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3581079319641993","idStr":"3581079319641993"},"themes":[],"title":"","htmlText":"Fundamentally the company hasn't change, the stock sales is expected, thus unless something goes wrong with the business, share price should go up again.","listText":"Fundamentally the company hasn't change, the stock sales is expected, thus unless something goes wrong with the business, share price should go up again.","text":"Fundamentally the company hasn't change, the stock sales is expected, thus unless something goes wrong with the business, share price should go up again.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/870201646","repostId":"1134349859","repostType":2,"isVote":1,"tweetType":1,"viewCount":3192,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":870812740,"gmtCreate":1636599506676,"gmtModify":1636599506818,"author":{"id":"3581079319641993","authorId":"3581079319641993","name":"mummumtumtum","avatar":"https://static.tigerbbs.com/1314a5de0c397dde3e609fa1f0de4fba","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3581079319641993","idStr":"3581079319641993"},"themes":[],"title":"","htmlText":"Disney+ needs more content to play catch up in the competitive market.","listText":"Disney+ needs more content to play catch up in the competitive market.","text":"Disney+ needs more content to play catch up in the competitive market.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/870812740","repostId":"2182321053","repostType":4,"isVote":1,"tweetType":1,"viewCount":3140,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":844629933,"gmtCreate":1636423271694,"gmtModify":1636423272123,"author":{"id":"3581079319641993","authorId":"3581079319641993","name":"mummumtumtum","avatar":"https://static.tigerbbs.com/1314a5de0c397dde3e609fa1f0de4fba","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3581079319641993","idStr":"3581079319641993"},"themes":[],"title":"","htmlText":"Is this just a case of taking profit or hoarding cash in anticipation of market correction?","listText":"Is this just a case of taking profit or hoarding cash in anticipation of market correction?","text":"Is this just a case of taking profit or hoarding cash in anticipation of market correction?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/844629933","repostId":"1190184675","repostType":4,"repost":{"id":"1190184675","kind":"news","pubTimestamp":1636384600,"share":"https://www.laohunote.com/m/news/1190184675?lang=zh_CN&edition=full","pubTime":"2021-11-08 23:16","market":"us","language":"en","title":"Buffett Signals Caution With Berkshire on Stock-Selling Streak<blockquote>巴菲特对伯克希尔哈撒韦公司连续抛售股票表示谨慎</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1190184675","media":"Bloomberg","summary":"(Bloomberg) -- Warren Buffett is signaling wariness with the soaring stock market as the billionaire","content":"<p><div> (Bloomberg) -- Warren Buffett is signaling wariness with the soaring stock market as the billionaire investor extends a selling streak. Buffett’s Berkshire Hathaway Inc. was a net seller of equities ...</p><p><blockquote><div>（彭博社）——随着这位亿万富翁投资者延续抛售势头，沃伦·巴菲特对股市飙升表示警惕。巴菲特的伯克希尔哈撒韦公司是股票的净卖家……</div></blockquote></p><p>  <a href=\"https://finance.yahoo.com/news/buffett-signals-caution-berkshire-stock-140819517.html\">网页链接</a>  </div> </p><p><blockquote><a href=\"https://finance.yahoo.com/news/buffett-signals-caution-berkshire-stock-140819517.html\">网页连接</a></blockquote></p><p></p>","source":"lsy1612507957220","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Buffett Signals Caution With Berkshire on Stock-Selling Streak<blockquote>巴菲特对伯克希尔哈撒韦公司连续抛售股票表示谨慎</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\">\nBuffett Signals Caution With Berkshire on Stock-Selling Streak<blockquote>巴菲特对伯克希尔哈撒韦公司连续抛售股票表示谨慎</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Bloomberg</strong><span class=\"h-time small\">2021-11-08 23:16</span>\n</p>\n</h4>\n</header>\n<article>\n<p><div> (Bloomberg) -- Warren Buffett is signaling wariness with the soaring stock market as the billionaire investor extends a selling streak. Buffett’s Berkshire Hathaway Inc. was a net seller of equities ...</p><p><blockquote><div>（彭博社）——随着这位亿万富翁投资者延续抛售势头，沃伦·巴菲特对股市飙升表示警惕。巴菲特的伯克希尔哈撒韦公司是股票的净卖家……</div></blockquote></p><p>  <a href=\"https://finance.yahoo.com/news/buffett-signals-caution-berkshire-stock-140819517.html\">网页链接</a>  </div> </p><p><blockquote><a href=\"https://finance.yahoo.com/news/buffett-signals-caution-berkshire-stock-140819517.html\">网页连接</a></blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://finance.yahoo.com/news/buffett-signals-caution-berkshire-stock-140819517.html\">Bloomberg</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BRK.A":"伯克希尔","BRK.B":"伯克希尔B"},"source_url":"https://finance.yahoo.com/news/buffett-signals-caution-berkshire-stock-140819517.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1190184675","content_text":"(Bloomberg) -- Warren Buffett is signaling wariness with the soaring stock market as the billionaire investor extends a selling streak.\nBuffett’s Berkshire Hathaway Inc. was a net seller of equities for the fourth straight quarter, a trend not seen in data going back to 2008. The company ended up selling almost $2 billion more in stocks than it purchased during the period, adding to a cash pile that climbed to a record $149.2 billion.\nThe selling streak indicates Buffett has struggled to find bargains with the stock market hitting all-time highs. A big, splashy acquisition also eluded the conglomerate, as the 91-year old and his investing deputies confronted a combination of sky-high price tags and fierce competition from the wave of special purpose acquisition companies.\n“The big issue here is that Berkshire was a net seller of stocks again this quarter,” Jim Shanahan, an analyst with Edward Jones, said in a telephone interview. “That’s the primary culprit” of the cash pile continuing to rise.\nBerkshire’s sales appear to have largely come from cutting holdings in banks, insurance and financial investments, according to its third-quarter regulatory filing released Saturday. Berkshire has been paring certain stocks in recent periods, spending the second quarter trimming its investment in General Motors Co. and pulling back on some of its pharmaceutical bets. The company is set to release its third-quarter stock tweaks later this month.\nWhile Buffett’s been a consistent net seller these past four quarters, those sales have been relatively small compared with the massive size of his stock portfolio. Over the past nine months, he’s sold almost $7 billion more of stocks than he’s bought, roughly 2.2% of the fair value of Berkshire’s stock portfolio at the end of September.\nBuffett warned investors in May that Berkshire might not have much luck striking deals as SPACs gripped the market -- though he also predicted the boom probably wouldn’t last. Compounding the challenge, his most recent big acquisition, the $37 billion deal for Precision Castparts five years ago, resulted in a writedown that Buffett laid squarely at his own door.\nBerkshire isn’t alone in extending a cash pile amid the pandemic. Amazon.com Inc., Google-parent Alphabet Inc. and American Airlines Group Inc. were among companies that amassed significant holdings during the health crisis in a step analysts have said would likely lead to some acquisitions.\nAnd the rising cash pile is better than the alternative in the eyes of investors including Cheviot Value Management’s Darren Pollock. Even though Buffett’s cash pile still increased to a record despite the $7.6 billion of buybacks in the third quarter, Pollock says it’s a good sign about the health of Berkshire.\n“We’re happy with it because the alternative is that cash isn’t growing as much and that means that Berkshire’s operating companies aren’t of as high quality as we thought,” said Pollock, whose Cheviot owns shares in Berkshire. “To see that the cash is rising, to see that he’s deploying so much in one avenue which happens to be buybacks -- it’s not acquisitions -- but it’s being spent in a productive way, it’s so much better than the alternative of seeing that cash stabilize or decline without other large acquisitions.”\nHere are some other key takeaways from Berkshire’s third-quarter earnings on Saturday:\nBerkshire Appetite\nBuffett has increasingly leaned on share buybacks as one way to deploy billions of dollars. He’s spent about $51 billion on stock buybacks since a policy tweak in 2018, outpacing the $31 billion used to purchase shares of Apple Inc., Berkshire’s largest stock bet.\nIn the third quarter, Berkshire bought back $7.6 billion of stock, surpassing the $6 billion of shares repurchased in the previous period.\nBNSF’s Record\nRecord profit at Berkshire’s railroad, BNSF, and strong earnings from its energy businesses helped raise operating profit by 18% at the conglomerate during the third quarter.\nThat also aided in offsetting a painful quarter for Berkshire’s insurers. Those businesses reported an underwriting loss that widened to $784 million amid heightened catastrophe costs and worsening claims trends at auto insurer Geico.","news_type":1,"symbols_score_info":{"BRK.B":0.9,"BRK.A":0.9}},"isVote":1,"tweetType":1,"viewCount":3419,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":844681906,"gmtCreate":1636422169250,"gmtModify":1636422462745,"author":{"id":"3581079319641993","authorId":"3581079319641993","name":"mummumtumtum","avatar":"https://static.tigerbbs.com/1314a5de0c397dde3e609fa1f0de4fba","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3581079319641993","idStr":"3581079319641993"},"themes":[],"title":"","htmlText":"There are many waiting for the correction, this could be one.","listText":"There are many waiting for the correction, this could be one.","text":"There are many waiting for the correction, this could be one.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/844681906","repostId":"2181773705","repostType":4,"isVote":1,"tweetType":1,"viewCount":3248,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":865472884,"gmtCreate":1633014411392,"gmtModify":1633014411824,"author":{"id":"3581079319641993","authorId":"3581079319641993","name":"mummumtumtum","avatar":"https://static.tigerbbs.com/1314a5de0c397dde3e609fa1f0de4fba","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3581079319641993","idStr":"3581079319641993"},"themes":[],"title":"","htmlText":"Doesn't matter, the fairy godmother doesn't seem to have the Midas touch at the moment.","listText":"Doesn't matter, the fairy godmother doesn't seem to have the Midas touch at the moment.","text":"Doesn't matter, the fairy godmother doesn't seem to have the Midas touch at the moment.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/865472884","repostId":"1164073079","repostType":4,"repost":{"id":"1164073079","kind":"news","pubTimestamp":1632985852,"share":"https://www.laohunote.com/m/news/1164073079?lang=zh_CN&edition=full","pubTime":"2021-09-30 15:10","market":"us","language":"en","title":"Cathie Wood’s ARK Invest Sold Tesla Stock. Bulls Shouldn’t Worry.<blockquote>Cathie Wood 的 ARK Invest 出售了特斯拉股票。公牛队不必担心。</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1164073079","media":"Barrons","summary":"Disruption-stock guru Cathie Wood has become an important voice for bullish Tesla investors, so when her ETF, ARK Innovation, buys or sells the shares, it is news. The risk for investors is overreacting.Closely following what is going in a favorite stock is a good idea. Responding to all the daily data points is less so.Wood’s ARK Innovation ETF  sold more than $200 million in Tesla stock in recent days, based on data compiled from Bloomberg.Big sales are potentially alarming for bulls, but ARK’","content":"<p>Disruption-stock guru Cathie Wood has become an important voice for bullish Tesla investors, so when her ETF, ARK Innovation, buys or sells the shares, it is news. The risk for investors is overreacting.</p><p><blockquote>颠覆性股票大师凯西·伍德 (Cathie Wood) 已成为看涨特斯拉投资者的重要代言人，因此当她的 ETF 方舟创新 (ARK Innovation) 买卖股票时，这就是新闻。投资者面临的风险是反应过度。</blockquote></p><p> Closely following what is going in a favorite stock is a good idea. Responding to all the daily data points is less so.</p><p><blockquote>密切关注最喜欢的股票的走势是一个好主意。响应所有的每日数据点就不那么重要了。</blockquote></p><p> Wood’s&nbsp;ARK Innovation ETF&nbsp;(ticker: ARKK) sold more than $200 million in Tesla stock in recent days, based on data compiled from Bloomberg.</p><p><blockquote>根据彭博社汇编的数据，伍德的方舟创新ETF（股票代码：ARKK）最近几天卖出了超过2亿美元的特斯拉股票。</blockquote></p><p> Big sales are potentially alarming for bulls, but ARK’s recent moves are most likely typical portfolio-management activity. Institutional investors often have internally imposed limits on the size of the positions they hold. And ETFs have daily inflows and outflows of investment dollars they have to manage.</p><p><blockquote>大抛售可能会让多头感到担忧，但 ARK 最近的举动很可能是典型的投资组合管理活动。机构投资者通常会在内部对其持有的头寸规模施加限制。ETF 每天都要管理投资资金的流入和流出。</blockquote></p><p> ARK didn’t immediately respond to a request for comment about the recent sales, but the ETF still has a lot riding on how Tesla does. Tesla stock remains the largest holding in the ETF by a factor of almost two.</p><p><blockquote>ARK 没有立即回应有关近期销售情况的置评请求，但该 ETF 仍在很大程度上取决于特斯拉的表现。特斯拉股票仍然是 ETF 中最大的持股比例，几乎是 ETF 的两倍。</blockquote></p><p> The stock has also outperforming other components of the ETF over the past few weeks. The stock accounts for an increasingly large percentage of the ARK Innovation portfolio just because of that fact alone.</p><p><blockquote>过去几周，该股的表现也优于 ETF 的其他成分股。仅仅因为这一事实，该股票在方舟创新投资组合中所占的比例越来越大。</blockquote></p><p> Tesla shares have gained about 9% over the past month. The next 10 largest positions, including&nbsp;Teladoc Health&nbsp;(TDOC),Roku&nbsp;(ROKU),Unity Software&nbsp;(U),Coinbase&nbsp;(COIN),Zoom Video Communications&nbsp;(ZM),Square (SQ),Shopify&nbsp;(SHOP),Spotify Technology&nbsp;(SPOT),Twilio&nbsp;(TWLO) and&nbsp;Palantir Technologies&nbsp;(PLTR), are down about 10% on average over the same span.</p><p><blockquote>特斯拉股价在过去一个月上涨了约 9%。接下来的 10 个最大头寸，包括 Teladoc Health (TDOC)、Roku（Roku）、Unity Software (U)、Coinbase (COIN)、Zoom Video通信 (ZM)、Square (SQ)、Shopify (SHOP)、Spotify Technology (SPOT)、Twilio (TWLO) 和 Palantir Technologies (PLTR)，同期平均下跌约 10%。</blockquote></p><p> It’s a large drop for the other 10 stocks, but not a surprising one. Growth stocks such as the ones Wood’s fund holds are expected to generate most of their earnings and cash flow years from now, and higher interest rates, such as those seen recently, tend to reduce the current value of future earnings. The yield on 10-year U.S. Treasury debt has gone from 1.45% to 1.54% this week.</p><p><blockquote>对于其他 10 只股票来说，这是一个很大的跌幅，但并不令人意外。伍德的基金持有的成长型股票预计将在今后几年内产生大部分收益和现金流，而最近出现的利率上升往往会降低未来收益的现值。本周，10年期美国国债收益率从1.45%升至1.54%。</blockquote></p><p> Tesla, also a growth company, has managed to buck that trend because of factors specific to it. Investors have felt more optimistic about the stock since the company launched more sophisticated versions of its autonomous-driving software this past Friday, and as delivery estimates for the third quarter have inched higher.</p><p><blockquote>特斯拉也是一家成长型公司，由于其特有的因素，它成功地逆势而上。自从该公司上周五推出更复杂版本的自动驾驶软件以来，投资者对该股感到更加乐观，并且第三季度的交付预期也略有上升。</blockquote></p><p> Wall Street is expecting roughly 225,000 vehicle deliveries for the third quarter of 2021, up from closer to 221,000 deliveries a few weeks back.</p><p><blockquote>华尔街预计 2021 年第三季度汽车交付量约为 225,000 辆，高于几周前的近 221,000 辆。</blockquote></p><p> Tesla stock is up about 0.3% for the week. The&nbsp;Nasdaq Composite,home to many richly valued tech stocks such as Tesla, has lost more than 3%. Near midday on Wednesday, Tesla stock was down about 0.3%, while the&nbsp;S&amp;P 500&nbsp;and&nbsp;Dow Jones Industrial Average&nbsp;had both gained roughly 0.3%.</p><p><blockquote>特斯拉股价本周上涨约 0.3%。纳斯达克综合指数（特斯拉等许多高估值科技股的所在地）已下跌超过 3%。周三临近中午，特斯拉股价下跌约0.3%，而标普500和道琼斯工业平均指数均上涨约0.3%。</blockquote></p><p> Tuesday, when the Nasdaq dropped 2.8%, Tesla shares lost only 1.7%.</p><p><blockquote>周二，当纳斯达克下跌 2.8% 时，特斯拉股价仅下跌 1.7%。</blockquote></p><p> It is possible that Wood is feeling differently about Tesla stock these days. But her published target for the share price is $3,000 by 2025, implying an average annual gain of roughly 40% for the next few years, from near $780 today.</p><p><blockquote>伍德最近对特斯拉股票的看法可能有所不同。但她公布的股价目标是到 2025 年达到 3,000 美元，这意味着未来几年平均每年涨幅约为 40%，高于目前的近 780 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>Cathie Wood’s ARK Invest Sold Tesla Stock. Bulls Shouldn’t Worry.<blockquote>Cathie Wood 的 ARK Invest 出售了特斯拉股票。公牛队不必担心。</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’s ARK Invest Sold Tesla Stock. Bulls Shouldn’t Worry.<blockquote>Cathie Wood 的 ARK Invest 出售了特斯拉股票。公牛队不必担心。</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Barrons</strong><span class=\"h-time small\">2021-09-30 15:10</span>\n</p>\n</h4>\n</header>\n<article>\n<p>Disruption-stock guru Cathie Wood has become an important voice for bullish Tesla investors, so when her ETF, ARK Innovation, buys or sells the shares, it is news. The risk for investors is overreacting.</p><p><blockquote>颠覆性股票大师凯西·伍德 (Cathie Wood) 已成为看涨特斯拉投资者的重要代言人，因此当她的 ETF 方舟创新 (ARK Innovation) 买卖股票时，这就是新闻。投资者面临的风险是反应过度。</blockquote></p><p> Closely following what is going in a favorite stock is a good idea. Responding to all the daily data points is less so.</p><p><blockquote>密切关注最喜欢的股票的走势是一个好主意。响应所有的每日数据点就不那么重要了。</blockquote></p><p> Wood’s&nbsp;ARK Innovation ETF&nbsp;(ticker: ARKK) sold more than $200 million in Tesla stock in recent days, based on data compiled from Bloomberg.</p><p><blockquote>根据彭博社汇编的数据，伍德的方舟创新ETF（股票代码：ARKK）最近几天卖出了超过2亿美元的特斯拉股票。</blockquote></p><p> Big sales are potentially alarming for bulls, but ARK’s recent moves are most likely typical portfolio-management activity. Institutional investors often have internally imposed limits on the size of the positions they hold. And ETFs have daily inflows and outflows of investment dollars they have to manage.</p><p><blockquote>大抛售可能会让多头感到担忧，但 ARK 最近的举动很可能是典型的投资组合管理活动。机构投资者通常会在内部对其持有的头寸规模施加限制。ETF 每天都要管理投资资金的流入和流出。</blockquote></p><p> ARK didn’t immediately respond to a request for comment about the recent sales, but the ETF still has a lot riding on how Tesla does. Tesla stock remains the largest holding in the ETF by a factor of almost two.</p><p><blockquote>ARK 没有立即回应有关近期销售情况的置评请求，但该 ETF 仍在很大程度上取决于特斯拉的表现。特斯拉股票仍然是 ETF 中最大的持股比例，几乎是 ETF 的两倍。</blockquote></p><p> The stock has also outperforming other components of the ETF over the past few weeks. The stock accounts for an increasingly large percentage of the ARK Innovation portfolio just because of that fact alone.</p><p><blockquote>过去几周，该股的表现也优于 ETF 的其他成分股。仅仅因为这一事实，该股票在方舟创新投资组合中所占的比例越来越大。</blockquote></p><p> Tesla shares have gained about 9% over the past month. The next 10 largest positions, including&nbsp;Teladoc Health&nbsp;(TDOC),Roku&nbsp;(ROKU),Unity Software&nbsp;(U),Coinbase&nbsp;(COIN),Zoom Video Communications&nbsp;(ZM),Square (SQ),Shopify&nbsp;(SHOP),Spotify Technology&nbsp;(SPOT),Twilio&nbsp;(TWLO) and&nbsp;Palantir Technologies&nbsp;(PLTR), are down about 10% on average over the same span.</p><p><blockquote>特斯拉股价在过去一个月上涨了约 9%。接下来的 10 个最大头寸，包括 Teladoc Health (TDOC)、Roku（Roku）、Unity Software (U)、Coinbase (COIN)、Zoom Video通信 (ZM)、Square (SQ)、Shopify (SHOP)、Spotify Technology (SPOT)、Twilio (TWLO) 和 Palantir Technologies (PLTR)，同期平均下跌约 10%。</blockquote></p><p> It’s a large drop for the other 10 stocks, but not a surprising one. Growth stocks such as the ones Wood’s fund holds are expected to generate most of their earnings and cash flow years from now, and higher interest rates, such as those seen recently, tend to reduce the current value of future earnings. The yield on 10-year U.S. Treasury debt has gone from 1.45% to 1.54% this week.</p><p><blockquote>对于其他 10 只股票来说，这是一个很大的跌幅，但并不令人意外。伍德的基金持有的成长型股票预计将在今后几年内产生大部分收益和现金流，而最近出现的利率上升往往会降低未来收益的现值。本周，10年期美国国债收益率从1.45%升至1.54%。</blockquote></p><p> Tesla, also a growth company, has managed to buck that trend because of factors specific to it. Investors have felt more optimistic about the stock since the company launched more sophisticated versions of its autonomous-driving software this past Friday, and as delivery estimates for the third quarter have inched higher.</p><p><blockquote>特斯拉也是一家成长型公司，由于其特有的因素，它成功地逆势而上。自从该公司上周五推出更复杂版本的自动驾驶软件以来，投资者对该股感到更加乐观，并且第三季度的交付预期也略有上升。</blockquote></p><p> Wall Street is expecting roughly 225,000 vehicle deliveries for the third quarter of 2021, up from closer to 221,000 deliveries a few weeks back.</p><p><blockquote>华尔街预计 2021 年第三季度汽车交付量约为 225,000 辆，高于几周前的近 221,000 辆。</blockquote></p><p> Tesla stock is up about 0.3% for the week. The&nbsp;Nasdaq Composite,home to many richly valued tech stocks such as Tesla, has lost more than 3%. Near midday on Wednesday, Tesla stock was down about 0.3%, while the&nbsp;S&amp;P 500&nbsp;and&nbsp;Dow Jones Industrial Average&nbsp;had both gained roughly 0.3%.</p><p><blockquote>特斯拉股价本周上涨约 0.3%。纳斯达克综合指数（特斯拉等许多高估值科技股的所在地）已下跌超过 3%。周三临近中午，特斯拉股价下跌约0.3%，而标普500和道琼斯工业平均指数均上涨约0.3%。</blockquote></p><p> Tuesday, when the Nasdaq dropped 2.8%, Tesla shares lost only 1.7%.</p><p><blockquote>周二，当纳斯达克下跌 2.8% 时，特斯拉股价仅下跌 1.7%。</blockquote></p><p> It is possible that Wood is feeling differently about Tesla stock these days. But her published target for the share price is $3,000 by 2025, implying an average annual gain of roughly 40% for the next few years, from near $780 today.</p><p><blockquote>伍德最近对特斯拉股票的看法可能有所不同。但她公布的股价目标是到 2025 年达到 3,000 美元，这意味着未来几年平均每年涨幅约为 40%，高于目前的近 780 美元。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.barrons.com/articles/tesla-stock-cathie-woods-ark-invest-51632942030?mod=hp_DAY_Theme_1_1\">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":{"ARKK":"ARK Innovation ETF","ARKW":"ARK Next Generation Internet ETF","TSLA":"特斯拉","ARKG":"ARK Genomic Revolution ETF"},"source_url":"https://www.barrons.com/articles/tesla-stock-cathie-woods-ark-invest-51632942030?mod=hp_DAY_Theme_1_1","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1164073079","content_text":"Disruption-stock guru Cathie Wood has become an important voice for bullish Tesla investors, so when her ETF, ARK Innovation, buys or sells the shares, it is news. The risk for investors is overreacting.\nClosely following what is going in a favorite stock is a good idea. Responding to all the daily data points is less so.\nWood’s ARK Innovation ETF (ticker: ARKK) sold more than $200 million in Tesla stock in recent days, based on data compiled from Bloomberg.\nBig sales are potentially alarming for bulls, but ARK’s recent moves are most likely typical portfolio-management activity. Institutional investors often have internally imposed limits on the size of the positions they hold. And ETFs have daily inflows and outflows of investment dollars they have to manage.\nARK didn’t immediately respond to a request for comment about the recent sales, but the ETF still has a lot riding on how Tesla does. Tesla stock remains the largest holding in the ETF by a factor of almost two.\nThe stock has also outperforming other components of the ETF over the past few weeks. The stock accounts for an increasingly large percentage of the ARK Innovation portfolio just because of that fact alone.\nTesla shares have gained about 9% over the past month. The next 10 largest positions, including Teladoc Health (TDOC),Roku (ROKU),Unity Software (U),Coinbase (COIN),Zoom Video Communications (ZM),Square (SQ),Shopify (SHOP),Spotify Technology (SPOT),Twilio (TWLO) and Palantir Technologies (PLTR), are down about 10% on average over the same span.\nIt’s a large drop for the other 10 stocks, but not a surprising one. Growth stocks such as the ones Wood’s fund holds are expected to generate most of their earnings and cash flow years from now, and higher interest rates, such as those seen recently, tend to reduce the current value of future earnings. The yield on 10-year U.S. Treasury debt has gone from 1.45% to 1.54% this week.\nTesla, also a growth company, has managed to buck that trend because of factors specific to it. Investors have felt more optimistic about the stock since the company launched more sophisticated versions of its autonomous-driving software this past Friday, and as delivery estimates for the third quarter have inched higher.\nWall Street is expecting roughly 225,000 vehicle deliveries for the third quarter of 2021, up from closer to 221,000 deliveries a few weeks back.\nTesla stock is up about 0.3% for the week. The Nasdaq Composite,home to many richly valued tech stocks such as Tesla, has lost more than 3%. Near midday on Wednesday, Tesla stock was down about 0.3%, while the S&P 500 and Dow Jones Industrial Average had both gained roughly 0.3%.\nTuesday, when the Nasdaq dropped 2.8%, Tesla shares lost only 1.7%.\nIt is possible that Wood is feeling differently about Tesla stock these days. But her published target for the share price is $3,000 by 2025, implying an average annual gain of roughly 40% for the next few years, from near $780 today.","news_type":1,"symbols_score_info":{"ARKK":0.9,"TSLA":0.9,"ARKG":0.9,"ARKW":0.9}},"isVote":1,"tweetType":1,"viewCount":1621,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":869930576,"gmtCreate":1632233669895,"gmtModify":1632801886461,"author":{"id":"3581079319641993","authorId":"3581079319641993","name":"mummumtumtum","avatar":"https://static.tigerbbs.com/1314a5de0c397dde3e609fa1f0de4fba","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3581079319641993","idStr":"3581079319641993"},"themes":[],"title":"","htmlText":"After all the knee-jerk, some common sense coming back","listText":"After all the knee-jerk, some common sense coming back","text":"After all the knee-jerk, some common sense coming back","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/869930576","repostId":"1165739145","repostType":4,"repost":{"id":"1165739145","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":1632231054,"share":"https://www.laohunote.com/m/news/1165739145?lang=zh_CN&edition=full","pubTime":"2021-09-21 21:30","market":"us","language":"en","title":"U.S. stocks gain at Tuesday's open<blockquote>美国股市周二开盘上涨</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1165739145","media":"Tiger Newspress","summary":"(Sept 21) U.S. stocks gain at Tuesday's open. Dow Jones, S&P and Nasdaq start higher following yeste","content":"<p>(Sept 21)&nbsp;U.S. stocks gain at Tuesday's open.&nbsp;Dow Jones, S&amp;P and Nasdaq start higher following yesterday's selloff.</p><p><blockquote>（9月21日）美国股市周二开盘上涨。道琼斯、标准普尔和纳斯达克在昨天的抛售后开盘走高。</blockquote></p><p> Uber shares jumped 7%&nbsp;after raising its outlook&nbsp;for the third quarter.</p><p><blockquote>Uber 上调第三季度业绩预期后股价上涨 7%。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/76c76d195eaa24d0309a2ef2686f857c\" tg-width=\"1110\" tg-height=\"570\" width=\"100%\" height=\"auto\"></p><p><blockquote></blockquote></p><p> Luckin Coffee surged&nbsp;17%&nbsp;in&nbsp;early&nbsp;trading&nbsp;after&nbsp;it&nbsp;Files Annual Report for Fiscal 2020,&nbsp;it's&nbsp;FY Revenue of $618.1M, representing an increase of 33.3% compared to 2019.</p><p><blockquote>瑞星咖啡提交2020财年年度报告后，早盘交易飙升17%，财年收入为6.181亿美元，较2019年增长33.3%。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/a3ab3b5d35e96e056850f7b1739d7a86\" tg-width=\"1111\" tg-height=\"568\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p> QuantumScape soars nearly&nbsp;10%&nbsp;after another deal with 'top ten' automaker.</p><p><blockquote>QuantumScape 与“十大”汽车制造商达成另一项协议后股价飙升近 10%。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/19b0517a9824a37a70b8f1d10c5f2fd9\" tg-width=\"1111\" tg-height=\"566\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>U.S. stocks gain at Tuesday's open<blockquote>美国股市周二开盘上涨</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; 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#7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nU.S. stocks gain at Tuesday's open<blockquote>美国股市周二开盘上涨</blockquote>\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time smaller\">2021-09-21 21:30</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>(Sept 21)&nbsp;U.S. stocks gain at Tuesday's open.&nbsp;Dow Jones, S&amp;P and Nasdaq start higher following yesterday's selloff.</p><p><blockquote>（9月21日）美国股市周二开盘上涨。道琼斯、标准普尔和纳斯达克在昨天的抛售后开盘走高。</blockquote></p><p> Uber shares jumped 7%&nbsp;after raising its outlook&nbsp;for the third quarter.</p><p><blockquote>Uber 上调第三季度业绩预期后股价上涨 7%。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/76c76d195eaa24d0309a2ef2686f857c\" tg-width=\"1110\" tg-height=\"570\" width=\"100%\" height=\"auto\"></p><p><blockquote></blockquote></p><p> Luckin Coffee surged&nbsp;17%&nbsp;in&nbsp;early&nbsp;trading&nbsp;after&nbsp;it&nbsp;Files Annual Report for Fiscal 2020,&nbsp;it's&nbsp;FY Revenue of $618.1M, representing an increase of 33.3% compared to 2019.</p><p><blockquote>瑞星咖啡提交2020财年年度报告后，早盘交易飙升17%，财年收入为6.181亿美元，较2019年增长33.3%。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/a3ab3b5d35e96e056850f7b1739d7a86\" tg-width=\"1111\" tg-height=\"568\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p> QuantumScape soars nearly&nbsp;10%&nbsp;after another deal with 'top ten' automaker.</p><p><blockquote>QuantumScape 与“十大”汽车制造商达成另一项协议后股价飙升近 10%。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/19b0517a9824a37a70b8f1d10c5f2fd9\" tg-width=\"1111\" tg-height=\"566\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SPY":"标普500ETF",".IXIC":"NASDAQ Composite",".DJI":"道琼斯",".SPX":"S&P 500 Index"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1165739145","content_text":"(Sept 21) U.S. stocks gain at Tuesday's open. Dow Jones, S&P and Nasdaq start higher following yesterday's selloff.\nUber shares jumped 7% after raising its outlook for the third quarter.\n\nLuckin Coffee surged 17% in early trading after it Files Annual Report for Fiscal 2020, it's FY Revenue of $618.1M, representing an increase of 33.3% compared to 2019.\n\nQuantumScape soars nearly 10% after another deal with 'top ten' automaker.","news_type":1,"symbols_score_info":{".IXIC":0.9,"SPY":0.9,".SPX":0.9,".DJI":0.9}},"isVote":1,"tweetType":1,"viewCount":1314,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":860578781,"gmtCreate":1632192626843,"gmtModify":1632802155735,"author":{"id":"3581079319641993","authorId":"3581079319641993","name":"mummumtumtum","avatar":"https://static.tigerbbs.com/1314a5de0c397dde3e609fa1f0de4fba","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3581079319641993","idStr":"3581079319641993"},"themes":[],"title":"","htmlText":"It's a massacre, red everywhere","listText":"It's a massacre, red everywhere","text":"It's a massacre, red everywhere","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/860578781","repostId":"2169681424","repostType":4,"isVote":1,"tweetType":1,"viewCount":1258,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":886260684,"gmtCreate":1631595519448,"gmtModify":1631890205305,"author":{"id":"3581079319641993","authorId":"3581079319641993","name":"mummumtumtum","avatar":"https://static.tigerbbs.com/1314a5de0c397dde3e609fa1f0de4fba","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3581079319641993","idStr":"3581079319641993"},"themes":[],"title":"","htmlText":"Until the dust settles, investors will be jittery, unsure of the government foreseeable actions to be taken.","listText":"Until the dust settles, investors will be jittery, unsure of the government foreseeable actions to be taken.","text":"Until the dust settles, investors will be jittery, unsure of the government foreseeable actions to be taken.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/886260684","repostId":"1170383544","repostType":4,"repost":{"id":"1170383544","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":1631542185,"share":"https://www.laohunote.com/m/news/1170383544?lang=zh_CN&edition=full","pubTime":"2021-09-13 22:09","market":"us","language":"en","title":"Hot chinese concept stocks dipped in morning trading<blockquote>热门中国概念股早盘下跌</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1170383544","media":"Tiger Newspress","summary":"Hot chinese concept stocks dipped in morning trading.Alibaba,Pinduoduo,JD.COM,Baidu,DIDI,Bilibili,RL","content":"<p>Hot chinese concept stocks dipped in morning trading.Alibaba,Pinduoduo,JD.COM,Baidu,DIDI,Bilibili,RLX Technology&nbsp;and&nbsp;Tencent music&nbsp;between 1% and 9%.</p><p><blockquote>热门中概股早盘下跌.阿里巴巴、拼多多、京东、百度、滴滴、哔哩哔哩、RLX科技和腾讯控股音乐跌幅在1%至9%之间。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/634dbf9be8ba7edcb7ca8b9b2e7f1e6a\" tg-width=\"362\" tg-height=\"715\" 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>Hot chinese concept stocks dipped in morning trading<blockquote>热门中国概念股早盘下跌</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; 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#7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nHot chinese concept stocks dipped in morning trading<blockquote>热门中国概念股早盘下跌</blockquote>\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time smaller\">2021-09-13 22:09</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>Hot chinese concept stocks dipped in morning trading.Alibaba,Pinduoduo,JD.COM,Baidu,DIDI,Bilibili,RLX Technology&nbsp;and&nbsp;Tencent music&nbsp;between 1% and 9%.</p><p><blockquote>热门中概股早盘下跌.阿里巴巴、拼多多、京东、百度、滴滴、哔哩哔哩、RLX科技和腾讯控股音乐跌幅在1%至9%之间。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/634dbf9be8ba7edcb7ca8b9b2e7f1e6a\" tg-width=\"362\" tg-height=\"715\" width=\"100%\" height=\"auto\"></p><p><blockquote></blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"DIDI":"滴滴(已退市)","BIDU":"百度","PDD":"拼多多","BABA":"阿里巴巴","TME":"腾讯音乐","RLX":"雾芯科技"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1170383544","content_text":"Hot chinese concept stocks dipped in morning trading.Alibaba,Pinduoduo,JD.COM,Baidu,DIDI,Bilibili,RLX Technology and Tencent music between 1% and 9%.","news_type":1,"symbols_score_info":{"PDD":0.9,"BIDU":0.9,"RLX":0.9,"DIDI":0.9,"BABA":0.9,"TME":0.9}},"isVote":1,"tweetType":1,"viewCount":752,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":837462103,"gmtCreate":1629906074002,"gmtModify":1631890205309,"author":{"id":"3581079319641993","authorId":"3581079319641993","name":"mummumtumtum","avatar":"https://static.tigerbbs.com/1314a5de0c397dde3e609fa1f0de4fba","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3581079319641993","idStr":"3581079319641993"},"themes":[],"title":"","htmlText":"In the near term, business is not slowing down, good potential for higher growth","listText":"In the near term, business is not slowing down, good potential for higher growth","text":"In the near term, business is not slowing down, good potential for higher growth","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/837462103","repostId":"1120813722","repostType":4,"repost":{"id":"1120813722","kind":"news","pubTimestamp":1629878460,"share":"https://www.laohunote.com/m/news/1120813722?lang=zh_CN&edition=full","pubTime":"2021-08-25 16:01","market":"us","language":"en","title":"TSMC shares up on price increase; company declines to comment<blockquote>台积电股价因涨价而上涨；公司拒绝置评</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1120813722","media":"Focus Taiwan","summary":"Shares of Taiwan Semiconductor Manufacturing Co.  rose Wednesday morning after local media reported that the world's largest contract chipmaker will raise product prices due to a global supply shortage, dealers said.Asked for comment on the reports, TSMC said the company never responds to any speculation on product price adjustments.The stock got a boost soon after the market opened from the reports, which said earlier Wednesday that TSMC will raise prices across the board. The Chinese language ","content":"<p>Shares of Taiwan Semiconductor Manufacturing Co. (TSMC) rose Wednesday morning after local media reported that the world's largest contract chipmaker will raise product prices due to a global supply shortage, dealers said.</p><p><blockquote>经销商表示，当地媒体报道称，由于全球供应短缺，全球最大的合同芯片制造商台积电（TSMC）将提高产品价格，该公司股价周三上午上涨。</blockquote></p><p> Asked for comment on the reports, TSMC said the company never responds to any speculation on product price adjustments.</p><p><blockquote>当被问及对这些报道的评论时，台积电表示，该公司从不回应任何有关产品价格调整的猜测。</blockquote></p><p> TSMC&nbsp;shares&nbsp;surged&nbsp;5%&nbsp;in morning trading.</p><p><blockquote>台积电股价早盘飙升 5%。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/5a87d0c0ca0555ddf2e51957674e8c62\" tg-width=\"840\" tg-height=\"470\" width=\"100%\" height=\"auto\"></p><p><blockquote></blockquote></p><p> The stock got a boost soon after the market opened from the reports, which said earlier Wednesday that TSMC will raise prices across the board</p><p><blockquote>周三早些时候有报道称台积电将全面提价，开盘后该股不久便受到提振</blockquote></p><p> The Chinese language Commercial Times said TSMC's product price hike is expected to start from the first quarter of next year.</p><p><blockquote>中文《工商时报》称，台积电的产品涨价预计将从明年第一季度开始。</blockquote></p><p> It said prices for chips made using mature processes are expected to go up 15-20 percent and those for chips made from advanced processes are likely to rise by 10 percent.</p><p><blockquote>该公司表示，使用成熟工艺制造的芯片价格预计将上涨 15-20%，而采用先进工艺制造的芯片价格可能会上涨 10%。</blockquote></p><p> Citing anonymous industrial sources, the report said that with global demand for semiconductors on the rise despite the COVID-19 pandemic, a supply shortage could continue into 2023 or even 2024, clearing the way for TSMC's product price hike.</p><p><blockquote>该报告援引匿名行业消息人士的话称，尽管发生了 COVID-19 大流行，但随着全球对半导体的需求不断上升，供应短缺可能会持续到 2023 年甚至 2024 年，为台积电的产品涨价扫清了道路。</blockquote></p><p> The advanced processes referred to TSMC's processes of 12 nanometers and below, including the 5nm process, the most advanced of TSMC technologies in mass production.</p><p><blockquote>先进制程指台积电12奈米及以下制程，包括台积电量产技术中最先进的5奈米制程。</blockquote></p><p> The Economic Daily News reported that TSMC has informed IC design clients of the price hikes, which it said were scheduled to start in the fourth quarter of this year.</p><p><blockquote>《经济日报》报道称，台积电已通知IC设计客户涨价，称涨价计划于今年第四季度开始。</blockquote></p><p> The media outlet said prices of chips made using the 12nm or more advanced processes will rise by 10 percent, while prices for processes inferior to the 12nm technology will be raised by 20 percent.</p><p><blockquote>该媒体称，使用12纳米或更先进工艺制造的芯片价格将上涨10%，而低于12纳米技术的工艺价格将上涨20%。</blockquote></p><p> Before speculation emerged of TSMC's price hikes, United Microelectronics Corp. (UMC), a smaller contract chipmaker in Taiwan, was rumored earlier this month to be asking for 10 percent price increases, but UMC declined to comment on the speculation.</p><p><blockquote>在有关台积电提价的猜测出现之前，台湾一家规模较小的代工芯片制造商联华电子（UMC）本月早些时候有传言称要求提价10%，但联华电子拒绝对此猜测发表评论。</blockquote></p><p> It has also been reported that South Korea's Samsung Electronics Co. is planning to increase product prices for its contract chip production</p><p><blockquote>另据报道，韩国三星电子公司正计划提高其合同芯片生产的产品价格</blockquote></p><p></p>","source":"lsy1629877186447","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>TSMC shares up on price increase; company declines to comment<blockquote>台积电股价因涨价而上涨；公司拒绝置评</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\">\nTSMC shares up on price increase; company declines to comment<blockquote>台积电股价因涨价而上涨；公司拒绝置评</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Focus Taiwan</strong><span class=\"h-time small\">2021-08-25 16:01</span>\n</p>\n</h4>\n</header>\n<article>\n<p>Shares of Taiwan Semiconductor Manufacturing Co. (TSMC) rose Wednesday morning after local media reported that the world's largest contract chipmaker will raise product prices due to a global supply shortage, dealers said.</p><p><blockquote>经销商表示，当地媒体报道称，由于全球供应短缺，全球最大的合同芯片制造商台积电（TSMC）将提高产品价格，该公司股价周三上午上涨。</blockquote></p><p> Asked for comment on the reports, TSMC said the company never responds to any speculation on product price adjustments.</p><p><blockquote>当被问及对这些报道的评论时，台积电表示，该公司从不回应任何有关产品价格调整的猜测。</blockquote></p><p> TSMC&nbsp;shares&nbsp;surged&nbsp;5%&nbsp;in morning trading.</p><p><blockquote>台积电股价早盘飙升 5%。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/5a87d0c0ca0555ddf2e51957674e8c62\" tg-width=\"840\" tg-height=\"470\" width=\"100%\" height=\"auto\"></p><p><blockquote></blockquote></p><p> The stock got a boost soon after the market opened from the reports, which said earlier Wednesday that TSMC will raise prices across the board</p><p><blockquote>周三早些时候有报道称台积电将全面提价，开盘后该股不久便受到提振</blockquote></p><p> The Chinese language Commercial Times said TSMC's product price hike is expected to start from the first quarter of next year.</p><p><blockquote>中文《工商时报》称，台积电的产品涨价预计将从明年第一季度开始。</blockquote></p><p> It said prices for chips made using mature processes are expected to go up 15-20 percent and those for chips made from advanced processes are likely to rise by 10 percent.</p><p><blockquote>该公司表示，使用成熟工艺制造的芯片价格预计将上涨 15-20%，而采用先进工艺制造的芯片价格可能会上涨 10%。</blockquote></p><p> Citing anonymous industrial sources, the report said that with global demand for semiconductors on the rise despite the COVID-19 pandemic, a supply shortage could continue into 2023 or even 2024, clearing the way for TSMC's product price hike.</p><p><blockquote>该报告援引匿名行业消息人士的话称，尽管发生了 COVID-19 大流行，但随着全球对半导体的需求不断上升，供应短缺可能会持续到 2023 年甚至 2024 年，为台积电的产品涨价扫清了道路。</blockquote></p><p> The advanced processes referred to TSMC's processes of 12 nanometers and below, including the 5nm process, the most advanced of TSMC technologies in mass production.</p><p><blockquote>先进制程指台积电12奈米及以下制程，包括台积电量产技术中最先进的5奈米制程。</blockquote></p><p> The Economic Daily News reported that TSMC has informed IC design clients of the price hikes, which it said were scheduled to start in the fourth quarter of this year.</p><p><blockquote>《经济日报》报道称，台积电已通知IC设计客户涨价，称涨价计划于今年第四季度开始。</blockquote></p><p> The media outlet said prices of chips made using the 12nm or more advanced processes will rise by 10 percent, while prices for processes inferior to the 12nm technology will be raised by 20 percent.</p><p><blockquote>该媒体称，使用12纳米或更先进工艺制造的芯片价格将上涨10%，而低于12纳米技术的工艺价格将上涨20%。</blockquote></p><p> Before speculation emerged of TSMC's price hikes, United Microelectronics Corp. (UMC), a smaller contract chipmaker in Taiwan, was rumored earlier this month to be asking for 10 percent price increases, but UMC declined to comment on the speculation.</p><p><blockquote>在有关台积电提价的猜测出现之前，台湾一家规模较小的代工芯片制造商联华电子（UMC）本月早些时候有传言称要求提价10%，但联华电子拒绝对此猜测发表评论。</blockquote></p><p> It has also been reported that South Korea's Samsung Electronics Co. is planning to increase product prices for its contract chip production</p><p><blockquote>另据报道，韩国三星电子公司正计划提高其合同芯片生产的产品价格</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://focustaiwan.tw/business/202108250007\">Focus Taiwan</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":{"TSM":"台积电"},"source_url":"https://focustaiwan.tw/business/202108250007","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1120813722","content_text":"Shares of Taiwan Semiconductor Manufacturing Co. (TSMC) rose Wednesday morning after local media reported that the world's largest contract chipmaker will raise product prices due to a global supply shortage, dealers said.\nAsked for comment on the reports, TSMC said the company never responds to any speculation on product price adjustments.\nTSMC shares surged 5% in morning trading.\n\nThe stock got a boost soon after the market opened from the reports, which said earlier Wednesday that TSMC will raise prices across the board\nThe Chinese language Commercial Times said TSMC's product price hike is expected to start from the first quarter of next year.\nIt said prices for chips made using mature processes are expected to go up 15-20 percent and those for chips made from advanced processes are likely to rise by 10 percent.\nCiting anonymous industrial sources, the report said that with global demand for semiconductors on the rise despite the COVID-19 pandemic, a supply shortage could continue into 2023 or even 2024, clearing the way for TSMC's product price hike.\nThe advanced processes referred to TSMC's processes of 12 nanometers and below, including the 5nm process, the most advanced of TSMC technologies in mass production.\nThe Economic Daily News reported that TSMC has informed IC design clients of the price hikes, which it said were scheduled to start in the fourth quarter of this year.\nThe media outlet said prices of chips made using the 12nm or more advanced processes will rise by 10 percent, while prices for processes inferior to the 12nm technology will be raised by 20 percent.\nBefore speculation emerged of TSMC's price hikes, United Microelectronics Corp. (UMC), a smaller contract chipmaker in Taiwan, was rumored earlier this month to be asking for 10 percent price increases, but UMC declined to comment on the speculation.\nIt has also been reported that South Korea's Samsung Electronics Co. is planning to increase product prices for its contract chip production","news_type":1,"symbols_score_info":{"TSM":0.9}},"isVote":1,"tweetType":1,"viewCount":1472,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":836181110,"gmtCreate":1629464934730,"gmtModify":1631890205311,"author":{"id":"3581079319641993","authorId":"3581079319641993","name":"mummumtumtum","avatar":"https://static.tigerbbs.com/1314a5de0c397dde3e609fa1f0de4fba","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3581079319641993","idStr":"3581079319641993"},"themes":[],"title":"","htmlText":"Is this considered as a dip or correction?","listText":"Is this considered as a dip or correction?","text":"Is this considered as a dip or correction?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/836181110","repostId":"1169769842","repostType":4,"repost":{"id":"1169769842","kind":"news","pubTimestamp":1629449461,"share":"https://www.laohunote.com/m/news/1169769842?lang=zh_CN&edition=full","pubTime":"2021-08-20 16:51","market":"us","language":"en","title":"The Stock Market Is Dropping Again. What’s Behind Its Worst Slump Since July.<blockquote>股市又下跌了。7 月份以来最严重的低迷背后是什么？</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1169769842","media":"Barron's","summary":"The S&P 500 is on pace for its worst three-day drop since July. Is the sky starting to fall?\nIt sure","content":"<p>The <a href=\"https://laohu8.com/S/.SPX\">S&amp;P 500</a> is on pace for its worst three-day drop since July. Is the sky starting to fall?</p><p><blockquote>这个<a href=\"https://laohu8.com/S/.SPX\">标普500</a>有望创下 7 月份以来最严重的三天跌幅。天开始塌下来了吗？</blockquote></p><p> It sure does look ugly out there. S&amp;P 500 futures have declined 0.6% Thursday morning, indicating an opening loss of around 28 points, or 0.6%, for the index. The Dow Jones Industrial Average&nbsp;(<a href=\"https://laohu8.com/S/.DJI\">DJIA</a>), meanwhile, could be headed for a 237 point, or 0.7%, decline, per futures markets.</p><p><blockquote>外面看起来确实很难看。标普500期货周四上午下跌 0.6%，表明该指数开盘下跌约 28 点，跌幅为 0.6%。道琼斯工业平均指数（<a href=\"https://laohu8.com/S/.DJI\">道琼斯</a>与此同时，根据期货市场的数据，该指数可能会下跌 237 点，即 0.7%。</blockquote></p><p> If the losses hold, it would be the S&amp;P 500’s third consecutive drop, the index’s longest losing streak since the three-day losing streak that ended on July 19. At this pace, the index would shed around 2.4% over a three-day period, also the worst since that July tumble.</p><p><blockquote>如果跌势持续下去，这将是标普500指数连续第三次下跌，也是该指数自 7 月 19 日结束的三日连跌以来最长的连跌。按照这个速度，该指数将在三天内下跌约 2.4%，这也是自 7 月份暴跌以来最严重的一次。</blockquote></p><p> If you want reasons for the decline, well, there are plenty. Taper fears are at the top of the list, despite the fact that the Fed has been about as transparent about the fact that it will end its bond-buying program soon as it’s possible to be. (Can a big article in The Wall Street Journal with the headline “Fed Officials Weigh Ending Asset Purchases by Mid-2022” be any more obvious?)</p><p><blockquote>如果你想知道下降的原因，嗯，有很多。尽管美联储一直尽可能透明地表示将尽快结束债券购买计划，但对缩减规模的担忧仍然位居榜首。(《华尔街日报》上一篇题为 “美联储官员考虑在 2022 年年中结束资产购买 ”的大文章还能再明显不过了吗？）</blockquote></p><p> But history shows that markets react to changes in monetary policy—even when they know the change is coming, says Bleakley Advisory Group’s Peter Boockvar. “[We] have to be reminded of how stocks responded to EVERY SINGLE change in Fed policy towards tightening since 2010,” he writes. “Outside of the August 2015 selloff related to the Chinese yuan modest devaluation and the Covid induced crash, every notable correction in stocks surrounded a change Fed policy toward tightening.”</p><p><blockquote>但历史表明，市场会对货币政策的变化做出反应--即使他们知道变化即将到来，Bleakley Advisory Group 的彼得-布克瓦尔（Peter Boockvar）说。“他写道：”（我们）必须记住，自 2010 年以来，股市是如何应对美联储紧缩政策的每一次变化的。“除了 2015 年 8 月与人民币小幅贬值和 Covid 引发的崩盘有关的抛售外，股市的每一次明显调整都围绕着美联储紧缩政策的转变。”</blockquote></p><p> Covid concerns continue to rise, whether its cases forcing shutdowns in <a href=\"https://laohu8.com/S/NGD\">New</a> Zealand or reports that the vaccines aren’t as effective against the Delta variant as originally thought. Again, none of this is terribly new, but then again, the market chooses when it wants to react, not folks with a keyboard.</p><p><blockquote>新冠疫情的担忧持续上升，无论其病例是否迫使关闭<a href=\"https://laohu8.com/S/NGD\">新的</a>Zealand or 报告称，疫苗对德尔塔变异毒株的效果并不像最初认为的那样好。同样，这些都不是什么新鲜事，但话说回来，市场会选择什么时候做出反应，而不是拿着键盘的人。</blockquote></p><p> If you listen to the thrum of the Street, though, you get the sense that the market has been due for a correction. There’s some truth to that. The S&amp;P 500 has been more than 8% above its 200-day moving average for 198 days, the longest in 40 years and among the five longest stretches in history. These streaks are usually followed by a couple of months of choppy trading, with a median gain of just 0.3% over the following two months. “By the time it reached the current length, other super-strong trends saw buyers take a break,” writes Sundial Capital Research’s Jason Goepfert.</p><p><blockquote>然而，如果你听听街头的喧嚣，你会感觉到市场已经到了回调的地步。这话有一定道理。标普500已连续 198 天比 200 天移动平均线高出 8% 以上，是 40 年来最长的，也是历史上最长的五个时期之一。这些连胜之后通常会经历几个月的波动交易，接下来两个月的中位数涨幅仅为 0.3%。“Sundial Capital Research 的 Jason Goepfert 写道：”当它达到目前的长度时，其他超级强劲的趋势让买家休息了一段时间。</blockquote></p><p> Of course, it might just be August, says DataTrek’s Nicholas Colas. He notes that the S&amp;P 500 typically has one 1% up or down move every week since 1957, but has had just three during the first seven weeks of the third quarter. August, because of its low volume and history of higher volatility would be a good time to catch up.</p><p><blockquote>DataTrek 的尼古拉斯-科拉斯（Nicholas Colas）说，当然，现在可能只是八月。他指出，自 1957 年以来，标普500通常每周都会上涨或下跌 1%，但在第三季度的前七周只有三次。8 月份，由于交易量较低且历史上波动性较高，因此是追赶的好时机。</blockquote></p><p> That’s especially true with stocks starting to move together again. “[As] much as we like U.S. equities, we have to respect both the tape (suddenly higher correlations) and seasonality (late August volatility),” Colas writes. “Both tell us to be cautious over the next 2-3 weeks.”</p><p><blockquote>尤其是在股市再次开始集体波动的情况下。“科拉斯写道：”尽管我们非常喜欢美国股市，但我们必须尊重连续性（相关性突然上升）和季节性（8 月下旬的波动）。“两人都告诉我们，在接下来的 2-3 周内要谨慎”。</blockquote></p><p> So buckle up. Whatever the reason, it’s chop time for U.S. stock markets.</p><p><blockquote>所以系好安全带。无论出于何种原因，现在是美国股市下跌的时候了。</blockquote></p><p></p>","source":"lsy1610680873436","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 Stock Market Is Dropping Again. What’s Behind Its Worst Slump Since July.<blockquote>股市又下跌了。7 月份以来最严重的低迷背后是什么？</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 Stock Market Is Dropping Again. What’s Behind Its Worst Slump Since July.<blockquote>股市又下跌了。7 月份以来最严重的低迷背后是什么？</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Barron's</strong><span class=\"h-time small\">2021-08-20 16:51</span>\n</p>\n</h4>\n</header>\n<article>\n<p>The <a href=\"https://laohu8.com/S/.SPX\">S&amp;P 500</a> is on pace for its worst three-day drop since July. Is the sky starting to fall?</p><p><blockquote>这个<a href=\"https://laohu8.com/S/.SPX\">标普500</a>有望创下 7 月份以来最严重的三天跌幅。天开始塌下来了吗？</blockquote></p><p> It sure does look ugly out there. S&amp;P 500 futures have declined 0.6% Thursday morning, indicating an opening loss of around 28 points, or 0.6%, for the index. The Dow Jones Industrial Average&nbsp;(<a href=\"https://laohu8.com/S/.DJI\">DJIA</a>), meanwhile, could be headed for a 237 point, or 0.7%, decline, per futures markets.</p><p><blockquote>外面看起来确实很难看。标普500期货周四上午下跌 0.6%，表明该指数开盘下跌约 28 点，跌幅为 0.6%。道琼斯工业平均指数（<a href=\"https://laohu8.com/S/.DJI\">道琼斯</a>与此同时，根据期货市场的数据，该指数可能会下跌 237 点，即 0.7%。</blockquote></p><p> If the losses hold, it would be the S&amp;P 500’s third consecutive drop, the index’s longest losing streak since the three-day losing streak that ended on July 19. At this pace, the index would shed around 2.4% over a three-day period, also the worst since that July tumble.</p><p><blockquote>如果跌势持续下去，这将是标普500指数连续第三次下跌，也是该指数自 7 月 19 日结束的三日连跌以来最长的连跌。按照这个速度，该指数将在三天内下跌约 2.4%，这也是自 7 月份暴跌以来最严重的一次。</blockquote></p><p> If you want reasons for the decline, well, there are plenty. Taper fears are at the top of the list, despite the fact that the Fed has been about as transparent about the fact that it will end its bond-buying program soon as it’s possible to be. (Can a big article in The Wall Street Journal with the headline “Fed Officials Weigh Ending Asset Purchases by Mid-2022” be any more obvious?)</p><p><blockquote>如果你想知道下降的原因，嗯，有很多。尽管美联储一直尽可能透明地表示将尽快结束债券购买计划，但对缩减规模的担忧仍然位居榜首。(《华尔街日报》上一篇题为 “美联储官员考虑在 2022 年年中结束资产购买 ”的大文章还能再明显不过了吗？）</blockquote></p><p> But history shows that markets react to changes in monetary policy—even when they know the change is coming, says Bleakley Advisory Group’s Peter Boockvar. “[We] have to be reminded of how stocks responded to EVERY SINGLE change in Fed policy towards tightening since 2010,” he writes. “Outside of the August 2015 selloff related to the Chinese yuan modest devaluation and the Covid induced crash, every notable correction in stocks surrounded a change Fed policy toward tightening.”</p><p><blockquote>但历史表明，市场会对货币政策的变化做出反应--即使他们知道变化即将到来，Bleakley Advisory Group 的彼得-布克瓦尔（Peter Boockvar）说。“他写道：”（我们）必须记住，自 2010 年以来，股市是如何应对美联储紧缩政策的每一次变化的。“除了 2015 年 8 月与人民币小幅贬值和 Covid 引发的崩盘有关的抛售外，股市的每一次明显调整都围绕着美联储紧缩政策的转变。”</blockquote></p><p> Covid concerns continue to rise, whether its cases forcing shutdowns in <a href=\"https://laohu8.com/S/NGD\">New</a> Zealand or reports that the vaccines aren’t as effective against the Delta variant as originally thought. Again, none of this is terribly new, but then again, the market chooses when it wants to react, not folks with a keyboard.</p><p><blockquote>新冠疫情的担忧持续上升，无论其病例是否迫使关闭<a href=\"https://laohu8.com/S/NGD\">新的</a>Zealand or 报告称，疫苗对德尔塔变异毒株的效果并不像最初认为的那样好。同样，这些都不是什么新鲜事，但话说回来，市场会选择什么时候做出反应，而不是拿着键盘的人。</blockquote></p><p> If you listen to the thrum of the Street, though, you get the sense that the market has been due for a correction. There’s some truth to that. The S&amp;P 500 has been more than 8% above its 200-day moving average for 198 days, the longest in 40 years and among the five longest stretches in history. These streaks are usually followed by a couple of months of choppy trading, with a median gain of just 0.3% over the following two months. “By the time it reached the current length, other super-strong trends saw buyers take a break,” writes Sundial Capital Research’s Jason Goepfert.</p><p><blockquote>然而，如果你听听街头的喧嚣，你会感觉到市场已经到了回调的地步。这话有一定道理。标普500已连续 198 天比 200 天移动平均线高出 8% 以上，是 40 年来最长的，也是历史上最长的五个时期之一。这些连胜之后通常会经历几个月的波动交易，接下来两个月的中位数涨幅仅为 0.3%。“Sundial Capital Research 的 Jason Goepfert 写道：”当它达到目前的长度时，其他超级强劲的趋势让买家休息了一段时间。</blockquote></p><p> Of course, it might just be August, says DataTrek’s Nicholas Colas. He notes that the S&amp;P 500 typically has one 1% up or down move every week since 1957, but has had just three during the first seven weeks of the third quarter. August, because of its low volume and history of higher volatility would be a good time to catch up.</p><p><blockquote>DataTrek 的尼古拉斯-科拉斯（Nicholas Colas）说，当然，现在可能只是八月。他指出，自 1957 年以来，标普500通常每周都会上涨或下跌 1%，但在第三季度的前七周只有三次。8 月份，由于交易量较低且历史上波动性较高，因此是追赶的好时机。</blockquote></p><p> That’s especially true with stocks starting to move together again. “[As] much as we like U.S. equities, we have to respect both the tape (suddenly higher correlations) and seasonality (late August volatility),” Colas writes. “Both tell us to be cautious over the next 2-3 weeks.”</p><p><blockquote>尤其是在股市再次开始集体波动的情况下。“科拉斯写道：”尽管我们非常喜欢美国股市，但我们必须尊重连续性（相关性突然上升）和季节性（8 月下旬的波动）。“两人都告诉我们，在接下来的 2-3 周内要谨慎”。</blockquote></p><p> So buckle up. Whatever the reason, it’s chop time for U.S. stock markets.</p><p><blockquote>所以系好安全带。无论出于何种原因，现在是美国股市下跌的时候了。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.barrons.com/articles/why-stock-market-dropping-again-today-51629372284?mod=hp_LEAD_3_B_1&tesla=y\">Barron's</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯",".SPX":"S&P 500 Index"},"source_url":"https://www.barrons.com/articles/why-stock-market-dropping-again-today-51629372284?mod=hp_LEAD_3_B_1&tesla=y","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1169769842","content_text":"The S&P 500 is on pace for its worst three-day drop since July. Is the sky starting to fall?\nIt sure does look ugly out there. S&P 500 futures have declined 0.6% Thursday morning, indicating an opening loss of around 28 points, or 0.6%, for the index. The Dow Jones Industrial Average (DJIA), meanwhile, could be headed for a 237 point, or 0.7%, decline, per futures markets.\nIf the losses hold, it would be the S&P 500’s third consecutive drop, the index’s longest losing streak since the three-day losing streak that ended on July 19. At this pace, the index would shed around 2.4% over a three-day period, also the worst since that July tumble.\nIf you want reasons for the decline, well, there are plenty. Taper fears are at the top of the list, despite the fact that the Fed has been about as transparent about the fact that it will end its bond-buying program soon as it’s possible to be. (Can a big article in The Wall Street Journal with the headline “Fed Officials Weigh Ending Asset Purchases by Mid-2022” be any more obvious?)\nBut history shows that markets react to changes in monetary policy—even when they know the change is coming, says Bleakley Advisory Group’s Peter Boockvar. “[We] have to be reminded of how stocks responded to EVERY SINGLE change in Fed policy towards tightening since 2010,” he writes. “Outside of the August 2015 selloff related to the Chinese yuan modest devaluation and the Covid induced crash, every notable correction in stocks surrounded a change Fed policy toward tightening.”\nCovid concerns continue to rise, whether its cases forcing shutdowns in New Zealand or reports that the vaccines aren’t as effective against the Delta variant as originally thought. Again, none of this is terribly new, but then again, the market chooses when it wants to react, not folks with a keyboard.\nIf you listen to the thrum of the Street, though, you get the sense that the market has been due for a correction. There’s some truth to that. The S&P 500 has been more than 8% above its 200-day moving average for 198 days, the longest in 40 years and among the five longest stretches in history. These streaks are usually followed by a couple of months of choppy trading, with a median gain of just 0.3% over the following two months. “By the time it reached the current length, other super-strong trends saw buyers take a break,” writes Sundial Capital Research’s Jason Goepfert.\nOf course, it might just be August, says DataTrek’s Nicholas Colas. He notes that the S&P 500 typically has one 1% up or down move every week since 1957, but has had just three during the first seven weeks of the third quarter. August, because of its low volume and history of higher volatility would be a good time to catch up.\nThat’s especially true with stocks starting to move together again. “[As] much as we like U.S. equities, we have to respect both the tape (suddenly higher correlations) and seasonality (late August volatility),” Colas writes. “Both tell us to be cautious over the next 2-3 weeks.”\nSo buckle up. Whatever the reason, it’s chop time for U.S. stock markets.","news_type":1,"symbols_score_info":{".DJI":0.9,".SPX":0.9}},"isVote":1,"tweetType":1,"viewCount":866,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":830675964,"gmtCreate":1629073307358,"gmtModify":1631890205314,"author":{"id":"3581079319641993","authorId":"3581079319641993","name":"mummumtumtum","avatar":"https://static.tigerbbs.com/1314a5de0c397dde3e609fa1f0de4fba","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3581079319641993","idStr":"3581079319641993"},"themes":[],"title":"","htmlText":"Palantir definitely has great potential","listText":"Palantir definitely has great potential","text":"Palantir definitely has great potential","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":4,"repostSize":0,"link":"https://laohu8.com/post/830675964","repostId":"2159211727","repostType":4,"isVote":1,"tweetType":1,"viewCount":1805,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":894174058,"gmtCreate":1628814217774,"gmtModify":1631890205320,"author":{"id":"3581079319641993","authorId":"3581079319641993","name":"mummumtumtum","avatar":"https://static.tigerbbs.com/1314a5de0c397dde3e609fa1f0de4fba","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3581079319641993","idStr":"3581079319641993"},"themes":[],"title":"","htmlText":"Definitely has the potential to go higher","listText":"Definitely has the potential to go higher","text":"Definitely has the potential to go higher","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/894174058","repostId":"1182304144","repostType":4,"repost":{"id":"1182304144","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":1628777611,"share":"https://www.laohunote.com/m/news/1182304144?lang=zh_CN&edition=full","pubTime":"2021-08-12 22:13","market":"us","language":"en","title":"Palantir Technologies shares gain nearly 12% in early trading as raising sales forecast on strong government uptake.<blockquote>Palantir Technologies 股价在早盘交易中上涨近 12%，原因是政府强有力的支持提高了销售预期。</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1182304144","media":"Tiger Newspress","summary":"Palantir Technologies shares gain nearly 12% in early trading as raising sales forecast on strong go","content":"<p>Palantir&nbsp;Technologies&nbsp;shares&nbsp;gain&nbsp;nearly&nbsp;12%&nbsp;in&nbsp;early&nbsp;trading&nbsp;as&nbsp;raising sales forecast on strong government uptake.</p><p><blockquote>Palantir Technologies 股价在早盘交易中上涨近 12%，原因是政府强有力的支持提高了销售预期。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/548ca8b78dadac26cb4d35346f52e7cb\" tg-width=\"894\" tg-height=\"619\" referrerpolicy=\"no-referrer\">Palantir Technologies Inc. forecast sales of its data software will grow 33% in the third quarter, reflecting heightened demand from government agencies and that more companies are beginning to sign up.</p><p><blockquote>Palantir Technologies Inc. 预测其数据软件的销售额将在第三季度增长 33%，反映出政府机构的需求增加，以及更多公司开始注册。</blockquote></p><p> Revenue will be about $385 million in the period ending in September, the Denver-based company said in a statement Thursday. That exceeds the company’s previous outlook as well as an average of analysts’ estimates compiled by Bloomberg.</p><p><blockquote>这家总部位于丹佛的公司周四在一份声明中表示，截至 9 月份的收入将约为 3.85 亿美元。这超过了该公司之前的展望以及彭博社编制的分析师平均预期。</blockquote></p><p> Palantir has been recruiting an array of corporate allies with the goal of attracting new customers. It forged partnerships this year with International Business Machines Corp. and Fujitsu Ltd. to resell its technology and with Amazon Web Services to support it. Palantir also expanded its own sales team.</p><p><blockquote>Palantir一直在招募一系列企业盟友，目标是吸引新客户。今年，它与国际商业机器公司和富士通有限公司建立了合作伙伴关系，转售其技术，并与亚马逊网络服务公司建立了合作伙伴关系，为其提供支持。Palantir 还扩大了自己的销售团队。</blockquote></p><p> The search went even wider last month to include small companies. Palantir began selling its software through a monthly subscription to a handful of startups connected to former employees. The company also invested in a dozen startups and signed them up as customers, marking a reversal of its previous approach to only pursue large deals.</p><p><blockquote>上个月，搜索范围甚至扩大到包括小公司。Palantir开始通过每月订阅少数与前员工有联系的初创公司来销售其软件。该公司还投资了十几家初创公司，并将它们注册为客户，这标志着其之前只追求大宗交易的做法发生了逆转。</blockquote></p><p> “We’ve always invested in companies. Now we can do it with our balance sheet,” Kevin Kawasaki, the head of business development, said on a conference call with analysts Thursday. “This is a long-term strategy.”</p><p><blockquote>“我们一直都在投资公司。现在，我们可以用我们的资产负债表来投资，”业务发展主管 Kevin Kawasaki 周四在与分析师的电话会议上说。“这是一项长期战略。”</blockquote></p><p> The shifting strategy came at a cost. The second-quarter loss was 7 cents a share. Stock-based compensation accounts for a hefty portion.</p><p><blockquote>这种转变策略是有代价的。第二季度每股亏损7美分。股票薪酬占很大一部分。</blockquote></p><p> Sales results in the quarter were encouraging. Palantir reported $376 million in revenue for the period that ended in June, up 49% from a year earlier.</p><p><blockquote>本季度的销售业绩令人鼓舞。Palantir 报告截至 6 月份的收入为 3.76 亿美元，同比增长 49%。</blockquote></p><p> Many government agencies have flocked to Palantir since last year to help them analyze the Covid-19 pandemic. Government sales remained healthy in the second quarter at a growth rate of 66%, the company said. It was 83% in the first quarter.</p><p><blockquote>自去年以来，许多政府机构纷纷涌向 Palantir，帮助他们分析 Covid-19 大流行。该公司表示，第二季度政府销售保持健康，增长率为 66%。第一季度为83%。</blockquote></p><p> The U.S. National Nuclear Security Administration, the U.S. Coast Guard, the Federal Aviation Administration and the U.S. Centers for Disease Control and Prevention all signed deals during the second quarter. “The government business is on fire,” said Shyam Sankar, the chief operating officer.</p><p><blockquote>美国国家核安全局、美国海岸警卫队、联邦航空管理局和美国疾病控制与预防中心都在第二季度签署了协议。“首席运营官希亚姆-桑卡尔（Shyam Sankar）说：”政府业务着火了。</blockquote></p><p> Corporate customers make up a smaller pool of Palantir’s revenue, but renewed efforts there appear to be paying off. U.S. sales growth in the commercial segment was 90% in the second quarter.</p><p><blockquote>企业客户在 Palantir 的收入中所占比例较小，但在这方面的新努力似乎正在取得成效。第二季度美国商业部门的销售额增长了 90%。</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>Palantir Technologies shares gain nearly 12% in early trading as raising sales forecast on strong government uptake.<blockquote>Palantir Technologies 股价在早盘交易中上涨近 12%，原因是政府强有力的支持提高了销售预期。</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nPalantir Technologies shares gain nearly 12% in early trading as raising sales forecast on strong government uptake.<blockquote>Palantir Technologies 股价在早盘交易中上涨近 12%，原因是政府强有力的支持提高了销售预期。</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 22:13</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>Palantir&nbsp;Technologies&nbsp;shares&nbsp;gain&nbsp;nearly&nbsp;12%&nbsp;in&nbsp;early&nbsp;trading&nbsp;as&nbsp;raising sales forecast on strong government uptake.</p><p><blockquote>Palantir Technologies 股价在早盘交易中上涨近 12%，原因是政府强有力的支持提高了销售预期。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/548ca8b78dadac26cb4d35346f52e7cb\" tg-width=\"894\" tg-height=\"619\" referrerpolicy=\"no-referrer\">Palantir Technologies Inc. forecast sales of its data software will grow 33% in the third quarter, reflecting heightened demand from government agencies and that more companies are beginning to sign up.</p><p><blockquote>Palantir Technologies Inc. 预测其数据软件的销售额将在第三季度增长 33%，反映出政府机构的需求增加，以及更多公司开始注册。</blockquote></p><p> Revenue will be about $385 million in the period ending in September, the Denver-based company said in a statement Thursday. That exceeds the company’s previous outlook as well as an average of analysts’ estimates compiled by Bloomberg.</p><p><blockquote>这家总部位于丹佛的公司周四在一份声明中表示，截至 9 月份的收入将约为 3.85 亿美元。这超过了该公司之前的展望以及彭博社编制的分析师平均预期。</blockquote></p><p> Palantir has been recruiting an array of corporate allies with the goal of attracting new customers. It forged partnerships this year with International Business Machines Corp. and Fujitsu Ltd. to resell its technology and with Amazon Web Services to support it. Palantir also expanded its own sales team.</p><p><blockquote>Palantir一直在招募一系列企业盟友，目标是吸引新客户。今年，它与国际商业机器公司和富士通有限公司建立了合作伙伴关系，转售其技术，并与亚马逊网络服务公司建立了合作伙伴关系，为其提供支持。Palantir 还扩大了自己的销售团队。</blockquote></p><p> The search went even wider last month to include small companies. Palantir began selling its software through a monthly subscription to a handful of startups connected to former employees. The company also invested in a dozen startups and signed them up as customers, marking a reversal of its previous approach to only pursue large deals.</p><p><blockquote>上个月，搜索范围甚至扩大到包括小公司。Palantir开始通过每月订阅少数与前员工有联系的初创公司来销售其软件。该公司还投资了十几家初创公司，并将它们注册为客户，这标志着其之前只追求大宗交易的做法发生了逆转。</blockquote></p><p> “We’ve always invested in companies. Now we can do it with our balance sheet,” Kevin Kawasaki, the head of business development, said on a conference call with analysts Thursday. “This is a long-term strategy.”</p><p><blockquote>“我们一直都在投资公司。现在，我们可以用我们的资产负债表来投资，”业务发展主管 Kevin Kawasaki 周四在与分析师的电话会议上说。“这是一项长期战略。”</blockquote></p><p> The shifting strategy came at a cost. The second-quarter loss was 7 cents a share. Stock-based compensation accounts for a hefty portion.</p><p><blockquote>这种转变策略是有代价的。第二季度每股亏损7美分。股票薪酬占很大一部分。</blockquote></p><p> Sales results in the quarter were encouraging. Palantir reported $376 million in revenue for the period that ended in June, up 49% from a year earlier.</p><p><blockquote>本季度的销售业绩令人鼓舞。Palantir 报告截至 6 月份的收入为 3.76 亿美元，同比增长 49%。</blockquote></p><p> Many government agencies have flocked to Palantir since last year to help them analyze the Covid-19 pandemic. Government sales remained healthy in the second quarter at a growth rate of 66%, the company said. It was 83% in the first quarter.</p><p><blockquote>自去年以来，许多政府机构纷纷涌向 Palantir，帮助他们分析 Covid-19 大流行。该公司表示，第二季度政府销售保持健康，增长率为 66%。第一季度为83%。</blockquote></p><p> The U.S. National Nuclear Security Administration, the U.S. Coast Guard, the Federal Aviation Administration and the U.S. Centers for Disease Control and Prevention all signed deals during the second quarter. “The government business is on fire,” said Shyam Sankar, the chief operating officer.</p><p><blockquote>美国国家核安全局、美国海岸警卫队、联邦航空管理局和美国疾病控制与预防中心都在第二季度签署了协议。“首席运营官希亚姆-桑卡尔（Shyam Sankar）说：”政府业务着火了。</blockquote></p><p> Corporate customers make up a smaller pool of Palantir’s revenue, but renewed efforts there appear to be paying off. U.S. sales growth in the commercial segment was 90% in the second quarter.</p><p><blockquote>企业客户在 Palantir 的收入中所占比例较小，但在这方面的新努力似乎正在取得成效。第二季度美国商业部门的销售额增长了 90%。</blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"PLTR":"Palantir Technologies Inc."},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1182304144","content_text":"Palantir Technologies shares gain nearly 12% in early trading as raising sales forecast on strong government uptake.\nPalantir Technologies Inc. forecast sales of its data software will grow 33% in the third quarter, reflecting heightened demand from government agencies and that more companies are beginning to sign up.\nRevenue will be about $385 million in the period ending in September, the Denver-based company said in a statement Thursday. That exceeds the company’s previous outlook as well as an average of analysts’ estimates compiled by Bloomberg.\nPalantir has been recruiting an array of corporate allies with the goal of attracting new customers. It forged partnerships this year with International Business Machines Corp. and Fujitsu Ltd. to resell its technology and with Amazon Web Services to support it. Palantir also expanded its own sales team.\nThe search went even wider last month to include small companies. Palantir began selling its software through a monthly subscription to a handful of startups connected to former employees. The company also invested in a dozen startups and signed them up as customers, marking a reversal of its previous approach to only pursue large deals.\n“We’ve always invested in companies. Now we can do it with our balance sheet,” Kevin Kawasaki, the head of business development, said on a conference call with analysts Thursday. “This is a long-term strategy.”\nThe shifting strategy came at a cost. The second-quarter loss was 7 cents a share. Stock-based compensation accounts for a hefty portion.\nSales results in the quarter were encouraging. Palantir reported $376 million in revenue for the period that ended in June, up 49% from a year earlier.\nMany government agencies have flocked to Palantir since last year to help them analyze the Covid-19 pandemic. Government sales remained healthy in the second quarter at a growth rate of 66%, the company said. It was 83% in the first quarter.\nThe U.S. National Nuclear Security Administration, the U.S. Coast Guard, the Federal Aviation Administration and the U.S. Centers for Disease Control and Prevention all signed deals during the second quarter. “The government business is on fire,” said Shyam Sankar, the chief operating officer.\nCorporate customers make up a smaller pool of Palantir’s revenue, but renewed efforts there appear to be paying off. U.S. sales growth in the commercial segment was 90% in the second quarter.","news_type":1,"symbols_score_info":{"PLTR":0.9}},"isVote":1,"tweetType":1,"viewCount":859,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":896921874,"gmtCreate":1628552675398,"gmtModify":1631890205320,"author":{"id":"3581079319641993","authorId":"3581079319641993","name":"mummumtumtum","avatar":"https://static.tigerbbs.com/1314a5de0c397dde3e609fa1f0de4fba","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3581079319641993","idStr":"3581079319641993"},"themes":[],"title":"","htmlText":"Can it reach 800 by the end of week?","listText":"Can it reach 800 by the end of week?","text":"Can it reach 800 by the end of week?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/896921874","repostId":"1132727199","repostType":4,"repost":{"id":"1132727199","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":1628517118,"share":"https://www.laohunote.com/m/news/1132727199?lang=zh_CN&edition=full","pubTime":"2021-08-09 21:51","market":"us","language":"en","title":"Tesla stock was up 2% in early trading following an upgrade to ‘buy’ from Jefferies with a target of $850 from the previous $700.<blockquote>特斯拉股价在早盘交易中上涨 2%，此前杰富瑞将其评级上调至 “买入 ”，目标价从之前的 700 美元上调至 850 美元。</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1132727199","media":"Tiger Newspress","summary":"Tesla&nbsp;stock was up 2% in early&nbsp;trading following an upgrade to ‘buy’ from Jefferies with a target of $850 from the previous $700.\n\n\n\n\n\nThe stock was earlier rated ‘neutral’ at the brokerage. The new target price is 21.6% higher from the stock’s Friday close of $699.10.","content":"<p>Tesla&nbsp;stock was up 2% in early&nbsp;trading following an upgrade to ‘buy’ from Jefferies with a target of $850 from the previous $700.</p><p><blockquote>特斯拉股价在早盘交易中上涨 2%，此前杰富瑞将其评级上调至 “买入 ”，目标价从之前的 700 美元上调至 850 美元。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/bf0e45da8943229703cc302cf4771aef\" tg-width=\"1273\" tg-height=\"631\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p> The stock was earlier rated ‘neutral’ at the brokerage. The new target price is 21.6% higher from the stock’s Friday close of $699.10.</p><p><blockquote>该券商此前对该股的评级为 “中性 ”。新的目标价比该股周五收盘价 699.10 美元高出 21.6%。</blockquote></p><p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Tesla stock was up 2% in early trading following an upgrade to ‘buy’ from Jefferies with a target of $850 from the previous $700.<blockquote>特斯拉股价在早盘交易中上涨 2%，此前杰富瑞将其评级上调至 “买入 ”，目标价从之前的 700 美元上调至 850 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\">\nTesla stock was up 2% in early trading following an upgrade to ‘buy’ from Jefferies with a target of $850 from the previous $700.<blockquote>特斯拉股价在早盘交易中上涨 2%，此前杰富瑞将其评级上调至 “买入 ”，目标价从之前的 700 美元上调至 850 美元。</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 21:51</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>Tesla&nbsp;stock was up 2% in early&nbsp;trading following an upgrade to ‘buy’ from Jefferies with a target of $850 from the previous $700.</p><p><blockquote>特斯拉股价在早盘交易中上涨 2%，此前杰富瑞将其评级上调至 “买入 ”，目标价从之前的 700 美元上调至 850 美元。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/bf0e45da8943229703cc302cf4771aef\" tg-width=\"1273\" tg-height=\"631\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p> The stock was earlier rated ‘neutral’ at the brokerage. The new target price is 21.6% higher from the stock’s Friday close of $699.10.</p><p><blockquote>该券商此前对该股的评级为 “中性 ”。新的目标价比该股周五收盘价 699.10 美元高出 21.6%。</blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1132727199","content_text":"Tesla stock was up 2% in early trading following an upgrade to ‘buy’ from Jefferies with a target of $850 from the previous $700.\n\nThe stock was earlier rated ‘neutral’ at the brokerage. The new target price is 21.6% higher from the stock’s Friday close of $699.10.","news_type":1,"symbols_score_info":{"TSLA":0.9}},"isVote":1,"tweetType":1,"viewCount":1314,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":807113888,"gmtCreate":1628005225644,"gmtModify":1631890205329,"author":{"id":"3581079319641993","authorId":"3581079319641993","name":"mummumtumtum","avatar":"https://static.tigerbbs.com/1314a5de0c397dde3e609fa1f0de4fba","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3581079319641993","idStr":"3581079319641993"},"themes":[],"title":"","htmlText":"The Fed tapering should not cause any ripple in the market","listText":"The Fed tapering should not cause any ripple in the market","text":"The Fed tapering should not cause any ripple in the market","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/807113888","repostId":"1145562808","repostType":4,"repost":{"id":"1145562808","kind":"news","pubTimestamp":1628000397,"share":"https://www.laohunote.com/m/news/1145562808?lang=zh_CN&edition=full","pubTime":"2021-08-03 22:19","market":"us","language":"en","title":"Fed Could Start ‘Tapering’ Soon. Don’t Expect It to Cause Havoc for the Stock Market This Time Around.<blockquote>美联储可能很快就会开始“缩减规模”。别指望这次会对股市造成严重破坏。</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1145562808","media":"Barron's","summary":"The Federal Reserve is poised to reduce the size of its bond-buying program, so stocks could head lo","content":"<p>The Federal Reserve is poised to reduce the size of its bond-buying program, so stocks could head lower soon. The pain may not be acute, though, because investors generally expect the Fed to do just that.</p><p><blockquote>美联储准备缩小债券购买计划的规模，因此股市可能很快就会走低。不过，这种痛苦可能并不剧烈，因为投资者普遍预计美联储会这样做。</blockquote></p><p> It was a different scenario in May 2013, when Ben Bernanke, the Fed’s chief at the time, told Congress that if economic conditions kept improving, and policy makers were confident that would continue, the bank could pare back its buying. Bond yields leapt, and the S&amp;P 500 fell 5% in a five-day stretch in an episode known&nbsp;as the Taper Tantrum.</p><p><blockquote>2013 年 5 月，时任美联储主席本-伯南克（Ben Bernanke）告诉国会，如果经济状况继续改善，而政策制定者有信心这种情况将继续下去，美联储可能会削减购买规模。债券收益率飙升，标普500在五天内下跌了 5%，这一事件被称为缩减规模发脾气。</blockquote></p><p> As bond yields rose, stocks became relatively less attractive, especially because the bank was signaling it would provide less support to markets and the economy. The Fed ultimately announced a reduction of its buying in December that year.</p><p><blockquote>随着债券收益率上升，股票的吸引力相对下降，特别是因为该银行发出信号，将减少对市场和经济的支持。美联储最终在当年12月宣布减少购买。</blockquote></p><p> This time, investors are already expecting the Fed to taper. The central bank has telegraphed the change in monetary policy on several occasions. Government- bond dealers expect the Fed’s monthly bond purchases, part of its effort to prop up the economy as the pandemic struck, to fall from $120 billion currently to zero by the start of 2023, according to a Goldman Sachs survey.</p><p><blockquote>这一次，投资者已经预计美联储将缩减规模。央行已经多次传达了货币政策的变化。根据高盛（Goldman Sachs）的一项调查，政府债券交易商预计，到2023年初，美联储每月购买的债券将从目前的1200亿美元降至零。</blockquote></p><p> Stocks are already valued in a way that makes higher bond yields seem plausible. The S&amp;P 500’s equity-risk premium—the percentage return from earnings and dividends for the average stock on the index, minus the yield on 10-year Treasury debt, is currently at about 6 percentage points, according to Goldman Sachs. The number represents the extra return relative to safe bonds that investors demand for being in equities.</p><p><blockquote>股票的估值已经使得更高的债券收益率似乎是合理的。根据高盛（Goldman Sachs）的数据，标普500的股票风险溢价--该指数中平均股票的收益和股息回报率减去 10 年期国债收益率的百分比，目前约为 6 个百分点。该数字代表投资者要求持有股票的相对于安全债券的额外回报。</blockquote></p><p> The figure is higher than the sub 6% levels often seen since 2010, implying that even if bond yields move higher, narrowing the equity-risk premium, stocks would still offer relatively strong returns in historical terms. “Market participants appear aware of tapering,” writes David Kostin, chief U.S. equity strategist at Goldman Sachs. “The equity risk premium remains high versus history.”</p><p><blockquote>这一数字高于2010年以来经常出现的低于6%的水平，这意味着即使债券收益率走高，缩小股票风险溢价，从历史角度来看，股票仍将提供相对强劲的回报。“高盛首席美国股票策略师大卫-科斯汀（David Kostin）写道：”市场参与者似乎意识到了缩减规模。“与历史相比，股票风险溢价仍然很高。”</blockquote></p><p> Others agree that markets are pricing in tapering by the Fed. “An orderly and transparent removal of easy monetary policy should not be disruptive, particularly if it’s undertaken in reaction to improvements in the underlying economy, “ wrote Jason Pride, chief investment officer for private wealth at Glenmede.</p><p><blockquote>其他人则认为市场正在消化美联储缩减规模。“格伦米德私人财富首席投资官杰森-普莱德（Jason Pride）写道：”有序、透明地取消宽松货币政策不应具有破坏性，尤其是如果取消宽松货币政策是为了应对基础经济的改善。</blockquote></p><p> At the very least, investors should monitor how much money the Fed pulls out from the bond market and how quickly it does so. A sharp selloff in response to the simple news that the Fed is tapering is far from certain.</p><p><blockquote>至少，投资者应该监控美联储从债券市场撤出多少资金以及撤出的速度。对美联储缩减规模这一简单消息做出反应的大幅抛售还远未确定。</blockquote></p><p></p>","source":"lsy1610680873436","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>Fed Could Start ‘Tapering’ Soon. Don’t Expect It to Cause Havoc for the Stock Market This Time Around.<blockquote>美联储可能很快就会开始“缩减规模”。别指望这次会对股市造成严重破坏。</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\">\nFed Could Start ‘Tapering’ Soon. Don’t Expect It to Cause Havoc for the Stock Market This Time Around.<blockquote>美联储可能很快就会开始“缩减规模”。别指望这次会对股市造成严重破坏。</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Barron's</strong><span class=\"h-time small\">2021-08-03 22:19</span>\n</p>\n</h4>\n</header>\n<article>\n<p>The Federal Reserve is poised to reduce the size of its bond-buying program, so stocks could head lower soon. The pain may not be acute, though, because investors generally expect the Fed to do just that.</p><p><blockquote>美联储准备缩小债券购买计划的规模，因此股市可能很快就会走低。不过，这种痛苦可能并不剧烈，因为投资者普遍预计美联储会这样做。</blockquote></p><p> It was a different scenario in May 2013, when Ben Bernanke, the Fed’s chief at the time, told Congress that if economic conditions kept improving, and policy makers were confident that would continue, the bank could pare back its buying. Bond yields leapt, and the S&amp;P 500 fell 5% in a five-day stretch in an episode known&nbsp;as the Taper Tantrum.</p><p><blockquote>2013 年 5 月，时任美联储主席本-伯南克（Ben Bernanke）告诉国会，如果经济状况继续改善，而政策制定者有信心这种情况将继续下去，美联储可能会削减购买规模。债券收益率飙升，标普500在五天内下跌了 5%，这一事件被称为缩减规模发脾气。</blockquote></p><p> As bond yields rose, stocks became relatively less attractive, especially because the bank was signaling it would provide less support to markets and the economy. The Fed ultimately announced a reduction of its buying in December that year.</p><p><blockquote>随着债券收益率上升，股票的吸引力相对下降，特别是因为该银行发出信号，将减少对市场和经济的支持。美联储最终在当年12月宣布减少购买。</blockquote></p><p> This time, investors are already expecting the Fed to taper. The central bank has telegraphed the change in monetary policy on several occasions. Government- bond dealers expect the Fed’s monthly bond purchases, part of its effort to prop up the economy as the pandemic struck, to fall from $120 billion currently to zero by the start of 2023, according to a Goldman Sachs survey.</p><p><blockquote>这一次，投资者已经预计美联储将缩减规模。央行已经多次传达了货币政策的变化。根据高盛（Goldman Sachs）的一项调查，政府债券交易商预计，到2023年初，美联储每月购买的债券将从目前的1200亿美元降至零。</blockquote></p><p> Stocks are already valued in a way that makes higher bond yields seem plausible. The S&amp;P 500’s equity-risk premium—the percentage return from earnings and dividends for the average stock on the index, minus the yield on 10-year Treasury debt, is currently at about 6 percentage points, according to Goldman Sachs. The number represents the extra return relative to safe bonds that investors demand for being in equities.</p><p><blockquote>股票的估值已经使得更高的债券收益率似乎是合理的。根据高盛（Goldman Sachs）的数据，标普500的股票风险溢价--该指数中平均股票的收益和股息回报率减去 10 年期国债收益率的百分比，目前约为 6 个百分点。该数字代表投资者要求持有股票的相对于安全债券的额外回报。</blockquote></p><p> The figure is higher than the sub 6% levels often seen since 2010, implying that even if bond yields move higher, narrowing the equity-risk premium, stocks would still offer relatively strong returns in historical terms. “Market participants appear aware of tapering,” writes David Kostin, chief U.S. equity strategist at Goldman Sachs. “The equity risk premium remains high versus history.”</p><p><blockquote>这一数字高于2010年以来经常出现的低于6%的水平，这意味着即使债券收益率走高，缩小股票风险溢价，从历史角度来看，股票仍将提供相对强劲的回报。“高盛首席美国股票策略师大卫-科斯汀（David Kostin）写道：”市场参与者似乎意识到了缩减规模。“与历史相比，股票风险溢价仍然很高。”</blockquote></p><p> Others agree that markets are pricing in tapering by the Fed. “An orderly and transparent removal of easy monetary policy should not be disruptive, particularly if it’s undertaken in reaction to improvements in the underlying economy, “ wrote Jason Pride, chief investment officer for private wealth at Glenmede.</p><p><blockquote>其他人则认为市场正在消化美联储缩减规模。“格伦米德私人财富首席投资官杰森-普莱德（Jason Pride）写道：”有序、透明地取消宽松货币政策不应具有破坏性，尤其是如果取消宽松货币政策是为了应对基础经济的改善。</blockquote></p><p> At the very least, investors should monitor how much money the Fed pulls out from the bond market and how quickly it does so. A sharp selloff in response to the simple news that the Fed is tapering is far from certain.</p><p><blockquote>至少，投资者应该监控美联储从债券市场撤出多少资金以及撤出的速度。对美联储缩减规模这一简单消息做出反应的大幅抛售还远未确定。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.barrons.com/articles/federal-reserve-stocks-tapering-51627939038?mod=hp_LEAD_2_B_1\">Barron's</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.barrons.com/articles/federal-reserve-stocks-tapering-51627939038?mod=hp_LEAD_2_B_1","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1145562808","content_text":"The Federal Reserve is poised to reduce the size of its bond-buying program, so stocks could head lower soon. The pain may not be acute, though, because investors generally expect the Fed to do just that.\nIt was a different scenario in May 2013, when Ben Bernanke, the Fed’s chief at the time, told Congress that if economic conditions kept improving, and policy makers were confident that would continue, the bank could pare back its buying. Bond yields leapt, and the S&P 500 fell 5% in a five-day stretch in an episode known as the Taper Tantrum.\nAs bond yields rose, stocks became relatively less attractive, especially because the bank was signaling it would provide less support to markets and the economy. The Fed ultimately announced a reduction of its buying in December that year.\nThis time, investors are already expecting the Fed to taper. The central bank has telegraphed the change in monetary policy on several occasions. Government- bond dealers expect the Fed’s monthly bond purchases, part of its effort to prop up the economy as the pandemic struck, to fall from $120 billion currently to zero by the start of 2023, according to a Goldman Sachs survey.\nStocks are already valued in a way that makes higher bond yields seem plausible. The S&P 500’s equity-risk premium—the percentage return from earnings and dividends for the average stock on the index, minus the yield on 10-year Treasury debt, is currently at about 6 percentage points, according to Goldman Sachs. The number represents the extra return relative to safe bonds that investors demand for being in equities.\nThe figure is higher than the sub 6% levels often seen since 2010, implying that even if bond yields move higher, narrowing the equity-risk premium, stocks would still offer relatively strong returns in historical terms. “Market participants appear aware of tapering,” writes David Kostin, chief U.S. equity strategist at Goldman Sachs. “The equity risk premium remains high versus history.”\nOthers agree that markets are pricing in tapering by the Fed. “An orderly and transparent removal of easy monetary policy should not be disruptive, particularly if it’s undertaken in reaction to improvements in the underlying economy, “ wrote Jason Pride, chief investment officer for private wealth at Glenmede.\nAt the very least, investors should monitor how much money the Fed pulls out from the bond market and how quickly it does so. A sharp selloff in response to the simple news that the Fed is tapering is far from certain.","news_type":1,"symbols_score_info":{}},"isVote":1,"tweetType":1,"viewCount":637,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":830675964,"gmtCreate":1629073307358,"gmtModify":1631890205314,"author":{"id":"3581079319641993","authorId":"3581079319641993","name":"mummumtumtum","avatar":"https://static.tigerbbs.com/1314a5de0c397dde3e609fa1f0de4fba","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3581079319641993","idStr":"3581079319641993"},"themes":[],"title":"","htmlText":"Palantir definitely has great potential","listText":"Palantir definitely has great potential","text":"Palantir definitely has great potential","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":4,"repostSize":0,"link":"https://laohu8.com/post/830675964","repostId":"2159211727","repostType":4,"isVote":1,"tweetType":1,"viewCount":1805,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":126658813,"gmtCreate":1624568839232,"gmtModify":1634004351054,"author":{"id":"3581079319641993","authorId":"3581079319641993","name":"mummumtumtum","avatar":"https://static.tigerbbs.com/1314a5de0c397dde3e609fa1f0de4fba","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3581079319641993","idStr":"3581079319641993"},"themes":[],"title":"","htmlText":"With booming e-commerce, logistics are the backbone of the whole industry","listText":"With booming e-commerce, logistics are the backbone of the whole industry","text":"With booming e-commerce, logistics are the backbone of the whole industry","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/126658813","repostId":"1186693886","repostType":2,"isVote":1,"tweetType":1,"viewCount":578,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":115661423,"gmtCreate":1622987588862,"gmtModify":1634096396003,"author":{"id":"3581079319641993","authorId":"3581079319641993","name":"mummumtumtum","avatar":"https://static.tigerbbs.com/1314a5de0c397dde3e609fa1f0de4fba","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3581079319641993","idStr":"3581079319641993"},"themes":[],"title":"","htmlText":"Don't think there will be any thing out of the usual announcement, looking forward to the new range of MacBooks soon.","listText":"Don't think there will be any thing out of the usual announcement, looking forward to the new range of MacBooks soon.","text":"Don't think there will be any thing out of the usual announcement, looking forward to the new range of MacBooks soon.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/115661423","repostId":"1165368747","repostType":4,"isVote":1,"tweetType":1,"viewCount":466,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":173308429,"gmtCreate":1626611061361,"gmtModify":1633925508110,"author":{"id":"3581079319641993","authorId":"3581079319641993","name":"mummumtumtum","avatar":"https://static.tigerbbs.com/1314a5de0c397dde3e609fa1f0de4fba","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3581079319641993","idStr":"3581079319641993"},"themes":[],"title":"","htmlText":"The margins are going to be squeezed as more players join in the fray","listText":"The margins are going to be squeezed as more players join in the fray","text":"The margins are going to be squeezed as more players join in the fray","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/173308429","repostId":"2152897876","repostType":4,"isVote":1,"tweetType":1,"viewCount":881,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":110136538,"gmtCreate":1622429401724,"gmtModify":1634101542252,"author":{"id":"3581079319641993","authorId":"3581079319641993","name":"mummumtumtum","avatar":"https://static.tigerbbs.com/1314a5de0c397dde3e609fa1f0de4fba","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3581079319641993","idStr":"3581079319641993"},"themes":[],"title":"","htmlText":"For Bitcoin supporters, the dip is great news","listText":"For Bitcoin supporters, the dip is great news","text":"For Bitcoin supporters, the dip is great news","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/110136538","repostId":"2139438981","repostType":4,"isVote":1,"tweetType":1,"viewCount":699,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":159705007,"gmtCreate":1624978908109,"gmtModify":1633946230169,"author":{"id":"3581079319641993","authorId":"3581079319641993","name":"mummumtumtum","avatar":"https://static.tigerbbs.com/1314a5de0c397dde3e609fa1f0de4fba","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3581079319641993","idStr":"3581079319641993"},"themes":[],"title":"","htmlText":"NIO indeed is a&nbsp;good buy for long term. Their BaaS is going to be very popular and will be successful if planned properly.","listText":"NIO indeed is a&nbsp;good buy for long term. Their BaaS is going to be very popular and will be successful if planned properly.","text":"NIO indeed is a good buy for long term. Their BaaS is going to be very popular and will be successful if planned properly.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/159705007","repostId":"1124372919","repostType":4,"isVote":1,"tweetType":1,"viewCount":786,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":124750410,"gmtCreate":1624796017430,"gmtModify":1631884993707,"author":{"id":"3581079319641993","authorId":"3581079319641993","name":"mummumtumtum","avatar":"https://static.tigerbbs.com/1314a5de0c397dde3e609fa1f0de4fba","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3581079319641993","idStr":"3581079319641993"},"themes":[],"title":"","htmlText":"If Ford doesn't innovate and catch up in the EV race, it will only slip down the ranks","listText":"If Ford doesn't innovate and catch up in the EV race, it will only slip down the ranks","text":"If Ford doesn't innovate and catch up in the EV race, it will only slip down the ranks","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/124750410","repostId":"1137119316","repostType":4,"repost":{"id":"1137119316","kind":"news","pubTimestamp":1624754401,"share":"https://www.laohunote.com/m/news/1137119316?lang=zh_CN&edition=full","pubTime":"2021-06-27 08:40","market":"us","language":"en","title":"Ford Or NIO? The Final Verdict<blockquote>福特还是蔚来？最终判决</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1137119316","media":"seekingalpha","summary":"I am comparing Ford against NIO in different categories.The comparison is intended to improve the understanding of Ford's and NIO's growth potential while highlighting differences in market position and opportunities.NIO is growing a lot faster than Ford and the high valuation may be justified.With Ford  launching a major offensive in the market for electric vehicles, Chinese EV maker NIO  will face one more rival competing for sales in the future. Which vehicle maker offers the best deal based ","content":"<p><b>Summary</b></p><p><blockquote><b>总结</b></blockquote></p><p> <ul>  <li>I am comparing Ford against NIO in different categories.</li>  <li>The comparison is intended to improve the understanding of Ford's and NIO's growth potential while highlighting differences in market position and opportunities.</li>  <li>NIO is growing a lot faster than Ford and the high valuation may be justified.</li> </ul> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/5033fa117d7852799244b8275bc1000f\" tg-width=\"1536\" tg-height=\"886\"><span>peterschreiber.media/iStock via Getty Images</span></p><p><blockquote><ul><li>我在不同的类别中比较福特和蔚来。</li><li>此次比较旨在增进对福特和蔚来增长潜力的了解，同时突出市场地位和机遇的差异。</li><li>蔚来的增长速度比福特快得多，高估值可能是合理的。</li></ul><p class=\"t-img-caption\"><span>peterschreiber.media/iStock 来自盖蒂图片社</span></p></blockquote></p><p> With Ford (F) launching a major offensive in the market for electric vehicles, Chinese EV maker NIO (NIO) will face one more rival competing for sales in the future. Which vehicle maker offers the best deal based on market opportunity, scale, revenue model, growth prospects and valuation? I will compare Ford against NIO in each category and issue a final verdict at the end.</p><p><blockquote>随着福特公司（F）在电动汽车市场发起重大攻势，中国电动汽车制造商蔚来（蔚来）未来将面临另一个竞争对手争夺销量。根据市场机会、规模、收入模式、增长前景和估值，哪家汽车制造商提供了最好的交易？我将在每个类别中比较福特和蔚来，并在最后给出最终结论。</blockquote></p><p> <b>Ford vs. NIO: The battle for the global electric vehicle market is heating up</b></p><p><blockquote><b>福特与蔚来：全球电动汽车市场之争正在升温</b></blockquote></p><p> Although there is a world of difference between Ford and NIO, both companies are set to go toe-to-toe in the rapidly growing global electric vehicle market. Ford’s fleet is not yet EV-focused but this is going to change: Feeling that the EV race is heating up, Ford said it is accelerating its electrification plan by investing&nbsp;$30B into its EV manufacturing capabilities until 2025. Ford’s previous capital plan called for a $22B investment in zero-emission vehicles. Ford also set an ambitious sales goal: 40% of its global sales will be electric within the next decade and 33% of pickup truck sales. Electric vehicle sales account for just 1% of Ford's sales today. As Ford is phasing out combustion engines, it is set to evolve into an all-electric vehicle maker by 2040.</p><p><blockquote>尽管福特和蔚来之间存在天壤之别，但两家公司都将在快速增长的全球电动汽车市场展开较量。福特的车队还没有以电动汽车为重点，但这种情况将会改变： 福特感觉到电动汽车竞赛正在升温，因此表示将加快其电气化计划，在 2025 年前投资 300 亿美元用于电动汽车制造能力。福特之前的资本计划要求投资 220 亿美元用于零排放汽车。福特还设定了一个雄心勃勃的销售目标：未来十年，其全球销量的 40% 将是电动汽车，皮卡车销量的 33% 将是电动汽车。目前，电动汽车销量仅占福特销量的 1%。随着福特逐步淘汰内燃机，它将在 2040 年发展成为一家全电动汽车制造商。</blockquote></p><p> <b>Market opportunity</b></p><p><blockquote><b>市场机会</b></blockquote></p><p> In 2020, 3.2m electric vehicles were sold in the world which represented a small market share of just 4.2%. China, however, was responsible for buying 41% of all electric vehicles in the world in 2020. Chinese buyers purchased 1.3m electric vehicles last year and sales are set to grow fast as Beijing seeks to boost EV adoption. The second largest market for electric vehicles was Europe which accounted for 42% of global EV sales. The US is only the third-largest market for plug-in electric vehicles in the world.</p><p><blockquote>2020年，全球电动汽车销量为320万辆，市场份额仅为4.2%。然而，2020 年，中国购买了全球 41% 的电动汽车。去年，中国买家购买了 130 万辆电动汽车，随着北京寻求促进电动汽车的普及，销量将快速增长。电动汽车的第二大市场是欧洲，占全球电动汽车销量的42%。美国只是全球第三大插电式电动汽车市场。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/b48c23b32134542f51227d9b1b612887\" tg-width=\"1083\" tg-height=\"863\"><span>(Source: Wikipedia)</span></p><p><blockquote><p class=\"t-img-caption\"><span>（来源：维基百科）</span></p></blockquote></p><p> China, by far, is the fastest growing EV market in the world, although Europe is catching up fast, in part due to a legislative efforts to increase adoption of zero-emission passenger vehicles and because of massive investments in a Europe-wide charging station network. NIO is&nbsp;on the cusp of entering the European market&nbsp;in a bid to grow market share in the world’s second-largest EV market before the competition is ready.</p><p><blockquote>到目前为止，中国是世界上增长最快的电动汽车市场，尽管欧洲正在迅速迎头赶上，部分原因是立法努力增加零排放乘用车的采用，以及对欧洲范围内充电站网络的大量投资。蔚来正处于进军欧洲市场的风口浪尖，希望在竞争准备就绪之前扩大其在世界第二大电动汽车市场的市场份额。</blockquote></p><p> Beijing is a driver behind the electrification of the Chinese auto industry: The government wants to see a&nbsp;twenty percent share&nbsp;of electric vehicles for new car sales by 2025 which will drive EV penetration in NIO’s home market.</p><p><blockquote>中国政府是蔚来汽车工业电气化的推动者： 中国政府希望到 2025 年，电动汽车在新车销售中所占份额达到 20%，这将推动电动汽车在中国本土市场的普及。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/9871e44eaf69adb27151425887870ace\" tg-width=\"739\" tg-height=\"454\"><span>(Source:Schroders)</span></p><p><blockquote><p class=\"t-img-caption\"><span>（来源：施罗德）</span></p></blockquote></p><p> Turning to growth projections.</p><p><blockquote>转向增长预测。</blockquote></p><p> With more favorable government policies for EV makers in places like China and Europe, these markets are poised to see the fastest sales growth and the highest EV adoption rates in the world. China is not only the largest market due to population size but is also expected to outperform all other markets in the world in EV sales until 2030.</p><p><blockquote>随着中国和欧洲等地政府对电动汽车制造商采取更有利的政策，这些市场将迎来世界上最快的销售增长和最高的电动汽车采用率。由于人口规模，中国不仅是最大的市场，而且预计到2030年，电动汽车销量将超过全球所有其他市场。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/61d19dff2f34e2d8828aca854e85d84a\" tg-width=\"825\" tg-height=\"565\"><span>(Source:McKinsey)</span></p><p><blockquote><p class=\"t-img-caption\"><span>（来源：麦肯锡）</span></p></blockquote></p><p> Since China has a larger total market size, a higher EV adoption rate, stronger expected sales growth and a more favorable regulatory framework, the winner here would be: NIO.</p><p><blockquote>由于中国拥有更大的总市场规模、更高的电动汽车采用率、更强劲的预期销售增长和更有利的监管框架，这里的赢家将是：蔚来。</blockquote></p><p> <b>Scale and manufacturing competence</b></p><p><blockquote><b>规模和制造能力</b></blockquote></p><p> Ford has a century’s worth of manufacturing experience. But Ford, so far, has only one all-electric vehicle in its product line-up that compares to NIO: The Mustang Mach-E SUV. In 2022, Ford will begin to sell the all-electric F-150 Lightening which builds on the success of Ford’s best-selling pick-up truck. NIO already has a stronger product catalog including the 5-seater ES6 SUV, the 5-seater coupe SUV EC6 and the ES8, a 6-seater and 7-seater full-sized SUV.</p><p><blockquote>福特拥有百年的制造经验。但到目前为止，福特的产品阵容中只有一款与蔚来相比的全电动汽车：野马 Mach-E SUV。2022 年，福特将开始销售全电动 F-150 Lightening，该车建立在福特最畅销皮卡车的成功基础上。蔚来已经拥有更强大的产品目录，包括5座ES6 SUV、5座轿跑车SUV EC6以及6座和7座全尺寸SUV ES8。</blockquote></p><p></p><p> Since NIO is solely focused on producing EVs and occupies a very small and defined niche, the Chinese firm has an advantage as far as EV-manufacturing expertise goes. The question is how long this advantage can last. Ford has extensive experience in building cars and can leverage a global manufacturing base to ramp up EV production faster than any niche EV maker could ever hope to achieve. This makes Ford a very serious rival not only to Tesla (TSLA) in the US, but also to NIO abroad. Ford is accelerating its electrification plans and it has the resources and the ambition to become a leader in EVs within the next decade. Ford’s proposed $30B spending on the electrification of its fleet will accelerate its transformation and turn Ford into a long term threat to other EV makers.</p><p><blockquote>由于蔚来只专注于生产电动汽车，并且占据了一个非常小且明确的利基市场，这家中国公司在电动汽车制造专业知识方面具有优势。问题是这种优势能持续多久。福特在制造汽车方面拥有丰富的经验，可以利用全球制造基地以比任何利基电动汽车制造商希望实现的速度更快地提高电动汽车产量。这使得福特不仅在美国是特斯拉（TSLA）的有力竞争对手，而且在国外也是蔚来的有力竞争对手。福特正在加速其电气化计划，它有资源和雄心在未来十年内成为电动汽车的领导者。福特提议斥资 300 亿美元用于车队电气化，这将加速其转型，并使福特成为其他电动汽车制造商的长期威胁。</blockquote></p><p> Winner here: Ford.</p><p><blockquote>这里的赢家：福特。</blockquote></p><p> <b>Differentiation and BaaS revenue model</b></p><p><blockquote><b>差异化与BaaS收入模式</b></blockquote></p><p> Both Ford and NIO know about the importance of differentiation in a market that will only get more competitive over time, which is why both companies are investing heavily in a related field that can break or solidify dominance in the EV market: Battery technology.</p><p><blockquote>福特和蔚来都知道差异化在这个市场中的重要性，随着时间的推移，这个市场只会变得更加竞争，这就是为什么两家公司都在一个相关领域大力投资，这个领域可以打破或巩固电动汽车市场的主导地位：电池技术。</blockquote></p><p> Ford is&nbsp;forming a joint venture&nbsp;with South Korean battery technology company SK Innovation to secure supply of traction battery cells and array modules. The joint venture is meant to accelerate battery deliveries and will produce approximately 60 GWh annually, enough to cover 25% of Ford’s estimated annual energy demand by 2030. NIO is also investing in battery technology and has&nbsp;formed its own joint venture&nbsp;to secure battery supply.</p><p><blockquote>福特正在与韩国电池技术公司 SK Innovation 成立一家合资企业，以确保牵引电池芯和阵列模块的供应。该合资企业旨在加快电池交付速度，年产量约为 60 GWh，足以满足福特到 2030 年预计年能源需求的 25%。蔚来也在投资电池技术，并组建了自己的合资企业来确保电池供应。</blockquote></p><p> The difference to Ford is that NIO’s battery investment strategy revolves around a battery subscription model, also called “battery-as-a-service”, which creates a strong, long term revenue opportunity for the Chinese vehicle maker. Under this “BaaS” model, users who buy a NIO electric vehicle get a 70,000 RMB initial discount, equivalent to $10,800, and can sign up for a monthly subscription to rent a rechargeable 70 kWh battery. Batteries can then be exchanged at one of NIO’s battery-swapping stations which can be found in most big Chinese cities. A battery subscription costs 980 RMB monthly which is the equivalent of $150.</p><p><blockquote>与福特不同的是，蔚来的电池投资战略围绕着电池订阅模式，也称为 “电池即服务 ”，这为这家中国汽车制造商创造了一个强大的长期收入机会。在这种 “BaaS” 模式下，用户购买蔚来电动汽车可获得 7 万元人民币的初始折扣，折合 1.08 万美元，并可签约包月租赁 70 千瓦时的可充电电池。然后可以在蔚来的换电站更换电池，这些换电站在中国大多数大城市都有。电池订阅费用为每月980元人民币，相当于150美元。</blockquote></p><p> The BaaS model has a couple of benefits for both the vehicle maker and the user: Purchasing an electric vehicle from NIO gets a lot more affordable due to the up-front discount and the subscription model ensures that users benefit from advancement in battery technology and better performance over time. Decoupling battery costs from vehicle prices creates an entirely new revenue stream on a subscription basis for NIO. Revenues from “BaaS” subscriptions could be used to increase the density of NIO’s network of charging/replacement stations. The battery subscription model also binds customers to NIO, potentially increasing customer lifetime value.</p><p><blockquote>BaaS模式对汽车制造商和用户都有几个好处：由于前期折扣，从蔚来购买电动汽车变得更加实惠，订阅模式确保用户受益于电池技术的进步和随着时间的推移更好的性能。将电池成本与汽车价格脱钩，为蔚来创造了一个全新的订阅收入流。“BaaS ”订阅的收入可用于增加蔚来充电/换电站网络的密度。电池订阅模式还将客户绑定到蔚来，从而潜在地增加客户的终身价值。</blockquote></p><p> Ford and NIO are primed to benefit from falling battery costs for electric vehicles as they ramp up capital allocations. As more investments flow into developing more efficient batteries, performance will go up and costs will go down which should drive EV adoption and benefit all EV makers. This is because lower battery prices make EVs more competitive to passenger vehicles with combustion engines. But since NIO is structuring a part of its business model explicitly around battery subscriptions, NIO could benefit more than Ford.</p><p><blockquote>随着福特和蔚来增加资本配置，它们有望从电动汽车电池成本下降中受益。随着越来越多的投资流入开发更高效的电池，性能将会提高，成本将会下降，这应该会推动电动汽车的采用并使所有电动汽车制造商受益。这是因为较低的电池价格使电动汽车比内燃机乘用车更具竞争力。但由于蔚来明确围绕电池订阅构建部分商业模式，蔚来可能会比福特受益更多。</blockquote></p><p> Battery costs for EVs have decreased 70% since 2014, based on information provided by investment firm Schroders, and are set to decrease more this decade.</p><p><blockquote>根据投资公司施罗德提供的信息，自 2014 年以来，电动汽车的电池成本已下降 70%，并且本十年还将进一步下降。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/c42acb75905affe7570a2f399ea3192f\" tg-width=\"758\" tg-height=\"449\"><span>(Source: Schroders)</span></p><p><blockquote><p class=\"t-img-caption\"><span>（来源：施罗德）</span></p></blockquote></p><p> The “BaaS” model is genius and could develop into a $500M a year revenue opportunity for NIO long term. Although Ford is ramping up its investments in battery technology, the winner in this category is: NIO.</p><p><blockquote>“BaaS ”模式是天才之作，从长远来看，它可能会发展成为蔚来每年 5 亿美元的收入机会。尽管福特正在加大对电池技术的投资，但这一类别的赢家是：蔚来。</blockquote></p><p> <b>Sales growth and valuation</b></p><p><blockquote><b>销售增长和估值</b></blockquote></p><p> Ford’s sales in May grew 4.1% Y/Y but electrified vehicle sales (including hybrids) surged 184% Y/Y as Ford sold a record 10,364 EVs/hybrids in May. Escape electrified sales and Explorer Hybrid grew sales at 125% and 132% Y/Y showing strong customer uptake. NIO delivered 6,711 vehicles last month including 3,017 ES6s, 1,412 ES8s and 2,282 EC6s. Total Y/Y delivery growth for May was 95.3%.</p><p><blockquote>福特 5 月份的销量同比增长 4.1%，但电动汽车销量（包括混合动力汽车）同比激增 184%，福特 5 月份售出了创纪录的 10,364 辆电动汽车/混合动力汽车。Escape electrified 和 Explorer Hybrid 的销量分别同比增长 125% 和 132%，显示出强劲的客户吸引力。蔚来上个月交付了 6,711 辆汽车，其中包括 3,017 辆 ES6、1,412 辆 ES8 和 2,282 辆 EC6。5 月份总交付量同比增长 95.3%。</blockquote></p><p> Ford's sales are fifty-four times larger than NIO's which creates more sales growth and revaluation potential for NIO.</p><p><blockquote>福特的销量是蔚来汽车的54倍，这为蔚来创造了更多的销售增长和重估潜力。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/df5a0a393e44ed74241c5effcdd92350\" tg-width=\"635\" tg-height=\"419\"><span>Data by YCharts</span></p><p><blockquote><p class=\"t-img-caption\"><span>数据由YCharts提供</span></p></blockquote></p><p></p><p> The difference in valuation between Ford and NIO is like the difference between night and day. This is because Ford is still seen as a mature vehicle maker with expected enterprise sales growth in the low-to-mid digits, despite explosive growth in the EV category. Ford is expected to grow revenues by 33% until FY 2025 (base year: FY 2020) and NIO by 808%!</p><p><blockquote>福特和蔚来之间的估值差异就像黑夜和白天之间的差异。这是因为尽管电动汽车类别实现了爆炸式增长，但福特仍被视为一家成熟的汽车制造商，预计企业销量增长将达到中低位数。福特预计到 2025 财年（基准年：2020 财年）收入将增长 33%，蔚来将增长 808%!</blockquote></p><p> Due to these differences in sales growth, NIO is the complete opposite of Ford, at least as far as valuation goes. The Chinese EV-maker is expected to see sales and delivery growth close to 100% this year and since NIO is only dealing in EVs, NIO gets a much higher market-cap-to-sales ratio than Ford.</p><p><blockquote>由于销售增长的这些差异，蔚来与福特完全相反，至少就估值而言是这样。这家中国电动汽车制造商预计今年的销量和交付量将增长接近 100%，由于蔚来只销售电动汽车，蔚来的市值与销量之比远高于福特。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/817605c6b1e82c03d0473ea570d32b8f\" tg-width=\"506\" tg-height=\"406\"><span>(Source: Author)</span></p><p><blockquote><p class=\"t-img-caption\"><span>（来源：作者）</span></p></blockquote></p><p> <b>NIO has larger risks...</b></p><p><blockquote><b>蔚来有更大的风险……</b></blockquote></p><p> NIO is the more risky venture, but also the one that offers the most promise. Government policy favors EV-makers like NIO. The potential for total global sales growth is larger for NIO as it operates from a smaller revenue base compared to Ford. But there are also a few things that work against NIO. For example, recalls due to production defects would be a much bigger challenge for NIO to overcome than for Ford which can rely on a global service and distribution network. NIO’s valuation is also not without risk as an unexpected slowing of sales growth due to production setbacks would leave a much larger dent in the financials.</p><p><blockquote>蔚来是风险更大的企业，但也是最有希望的企业。政府政策有利于蔚来等电动汽车制造商。与福特相比，蔚来的全球总销售额增长潜力更大，因为它的营收基础较小。但也有一些事情对蔚来不利。例如，与可以依赖全球服务和分销网络的福特相比，由于生产缺陷导致的召回对于蔚来来说将是一个更大的挑战。蔚来的估值也并非没有风险，因为生产受挫导致销售增长意外放缓，将对财务状况造成更大影响。</blockquote></p><p> <b>Final verdict</b></p><p><blockquote><b>最终判决</b></blockquote></p><p> NIO is definitely the more “sexy” vehicle maker. Strong adoption and sales growth in China and Europe support NIO. Its super smart BaaS model which decouples vehicle purchase prices from battery costs is genius. You pay a high price for this growth but the market opportunity for NIO is immense.</p><p><blockquote>蔚来绝对是更 “性感 ”的汽车制造商。在中国和欧洲的强劲采用率和销售增长支持了蔚来。其超级智能BaaS模型将车辆购买价格与电池成本脱钩，堪称天才。你为这种增长付出了高昂的代价，但蔚来的市场机会是巨大的。</blockquote></p><p> Ford’s EV sales are booming and the percentage of EV sales will increase as the vehicle maker electrifies its fleet. Ford has a lot of potential in the EV market but since EV sales are still a relatively low percentage of total sales, it will take a long time for Ford to complete its transformation.</p><p><blockquote>福特的电动汽车销量正在蓬勃发展，随着该汽车制造商车队电气化，电动汽车销量的比例也将不断增加。福特在电动汽车市场潜力巨大，但由于电动汽车销量占总销量的比例仍然相对较低，福特需要很长时间才能完成转型。</blockquote></p><p> If you believe in the potential of the global EV market, buy NIO. If you believe in the potential of the global EV market and don’t like much risk, buy Ford.</p><p><blockquote>如果您相信全球电动汽车市场的潜力，请购买蔚来。如果你相信全球电动汽车市场的潜力，又不喜欢太大的风险，那就买福特吧。</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>Ford Or NIO? The Final Verdict<blockquote>福特还是蔚来？最终判决</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\">\nFord Or NIO? The Final Verdict<blockquote>福特还是蔚来？最终判决</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">seekingalpha</strong><span class=\"h-time small\">2021-06-27 08:40</span>\n</p>\n</h4>\n</header>\n<article>\n<p><b>Summary</b></p><p><blockquote><b>总结</b></blockquote></p><p> <ul>  <li>I am comparing Ford against NIO in different categories.</li>  <li>The comparison is intended to improve the understanding of Ford's and NIO's growth potential while highlighting differences in market position and opportunities.</li>  <li>NIO is growing a lot faster than Ford and the high valuation may be justified.</li> </ul> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/5033fa117d7852799244b8275bc1000f\" tg-width=\"1536\" tg-height=\"886\"><span>peterschreiber.media/iStock via Getty Images</span></p><p><blockquote><ul><li>我在不同的类别中比较福特和蔚来。</li><li>此次比较旨在增进对福特和蔚来增长潜力的了解，同时突出市场地位和机遇的差异。</li><li>蔚来的增长速度比福特快得多，高估值可能是合理的。</li></ul><p class=\"t-img-caption\"><span>peterschreiber.media/iStock 来自盖蒂图片社</span></p></blockquote></p><p> With Ford (F) launching a major offensive in the market for electric vehicles, Chinese EV maker NIO (NIO) will face one more rival competing for sales in the future. Which vehicle maker offers the best deal based on market opportunity, scale, revenue model, growth prospects and valuation? I will compare Ford against NIO in each category and issue a final verdict at the end.</p><p><blockquote>随着福特公司（F）在电动汽车市场发起重大攻势，中国电动汽车制造商蔚来（蔚来）未来将面临另一个竞争对手争夺销量。根据市场机会、规模、收入模式、增长前景和估值，哪家汽车制造商提供了最好的交易？我将在每个类别中比较福特和蔚来，并在最后给出最终结论。</blockquote></p><p> <b>Ford vs. NIO: The battle for the global electric vehicle market is heating up</b></p><p><blockquote><b>福特与蔚来：全球电动汽车市场之争正在升温</b></blockquote></p><p> Although there is a world of difference between Ford and NIO, both companies are set to go toe-to-toe in the rapidly growing global electric vehicle market. Ford’s fleet is not yet EV-focused but this is going to change: Feeling that the EV race is heating up, Ford said it is accelerating its electrification plan by investing&nbsp;$30B into its EV manufacturing capabilities until 2025. Ford’s previous capital plan called for a $22B investment in zero-emission vehicles. Ford also set an ambitious sales goal: 40% of its global sales will be electric within the next decade and 33% of pickup truck sales. Electric vehicle sales account for just 1% of Ford's sales today. As Ford is phasing out combustion engines, it is set to evolve into an all-electric vehicle maker by 2040.</p><p><blockquote>尽管福特和蔚来之间存在天壤之别，但两家公司都将在快速增长的全球电动汽车市场展开较量。福特的车队还没有以电动汽车为重点，但这种情况将会改变： 福特感觉到电动汽车竞赛正在升温，因此表示将加快其电气化计划，在 2025 年前投资 300 亿美元用于电动汽车制造能力。福特之前的资本计划要求投资 220 亿美元用于零排放汽车。福特还设定了一个雄心勃勃的销售目标：未来十年，其全球销量的 40% 将是电动汽车，皮卡车销量的 33% 将是电动汽车。目前，电动汽车销量仅占福特销量的 1%。随着福特逐步淘汰内燃机，它将在 2040 年发展成为一家全电动汽车制造商。</blockquote></p><p> <b>Market opportunity</b></p><p><blockquote><b>市场机会</b></blockquote></p><p> In 2020, 3.2m electric vehicles were sold in the world which represented a small market share of just 4.2%. China, however, was responsible for buying 41% of all electric vehicles in the world in 2020. Chinese buyers purchased 1.3m electric vehicles last year and sales are set to grow fast as Beijing seeks to boost EV adoption. The second largest market for electric vehicles was Europe which accounted for 42% of global EV sales. The US is only the third-largest market for plug-in electric vehicles in the world.</p><p><blockquote>2020年，全球电动汽车销量为320万辆，市场份额仅为4.2%。然而，2020 年，中国购买了全球 41% 的电动汽车。去年，中国买家购买了 130 万辆电动汽车，随着北京寻求促进电动汽车的普及，销量将快速增长。电动汽车的第二大市场是欧洲，占全球电动汽车销量的42%。美国只是全球第三大插电式电动汽车市场。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/b48c23b32134542f51227d9b1b612887\" tg-width=\"1083\" tg-height=\"863\"><span>(Source: Wikipedia)</span></p><p><blockquote><p class=\"t-img-caption\"><span>（来源：维基百科）</span></p></blockquote></p><p> China, by far, is the fastest growing EV market in the world, although Europe is catching up fast, in part due to a legislative efforts to increase adoption of zero-emission passenger vehicles and because of massive investments in a Europe-wide charging station network. NIO is&nbsp;on the cusp of entering the European market&nbsp;in a bid to grow market share in the world’s second-largest EV market before the competition is ready.</p><p><blockquote>到目前为止，中国是世界上增长最快的电动汽车市场，尽管欧洲正在迅速迎头赶上，部分原因是立法努力增加零排放乘用车的采用，以及对欧洲范围内充电站网络的大量投资。蔚来正处于进军欧洲市场的风口浪尖，希望在竞争准备就绪之前扩大其在世界第二大电动汽车市场的市场份额。</blockquote></p><p> Beijing is a driver behind the electrification of the Chinese auto industry: The government wants to see a&nbsp;twenty percent share&nbsp;of electric vehicles for new car sales by 2025 which will drive EV penetration in NIO’s home market.</p><p><blockquote>中国政府是蔚来汽车工业电气化的推动者： 中国政府希望到 2025 年，电动汽车在新车销售中所占份额达到 20%，这将推动电动汽车在中国本土市场的普及。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/9871e44eaf69adb27151425887870ace\" tg-width=\"739\" tg-height=\"454\"><span>(Source:Schroders)</span></p><p><blockquote><p class=\"t-img-caption\"><span>（来源：施罗德）</span></p></blockquote></p><p> Turning to growth projections.</p><p><blockquote>转向增长预测。</blockquote></p><p> With more favorable government policies for EV makers in places like China and Europe, these markets are poised to see the fastest sales growth and the highest EV adoption rates in the world. China is not only the largest market due to population size but is also expected to outperform all other markets in the world in EV sales until 2030.</p><p><blockquote>随着中国和欧洲等地政府对电动汽车制造商采取更有利的政策，这些市场将迎来世界上最快的销售增长和最高的电动汽车采用率。由于人口规模，中国不仅是最大的市场，而且预计到2030年，电动汽车销量将超过全球所有其他市场。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/61d19dff2f34e2d8828aca854e85d84a\" tg-width=\"825\" tg-height=\"565\"><span>(Source:McKinsey)</span></p><p><blockquote><p class=\"t-img-caption\"><span>（来源：麦肯锡）</span></p></blockquote></p><p> Since China has a larger total market size, a higher EV adoption rate, stronger expected sales growth and a more favorable regulatory framework, the winner here would be: NIO.</p><p><blockquote>由于中国拥有更大的总市场规模、更高的电动汽车采用率、更强劲的预期销售增长和更有利的监管框架，这里的赢家将是：蔚来。</blockquote></p><p> <b>Scale and manufacturing competence</b></p><p><blockquote><b>规模和制造能力</b></blockquote></p><p> Ford has a century’s worth of manufacturing experience. But Ford, so far, has only one all-electric vehicle in its product line-up that compares to NIO: The Mustang Mach-E SUV. In 2022, Ford will begin to sell the all-electric F-150 Lightening which builds on the success of Ford’s best-selling pick-up truck. NIO already has a stronger product catalog including the 5-seater ES6 SUV, the 5-seater coupe SUV EC6 and the ES8, a 6-seater and 7-seater full-sized SUV.</p><p><blockquote>福特拥有百年的制造经验。但到目前为止，福特的产品阵容中只有一款与蔚来相比的全电动汽车：野马 Mach-E SUV。2022 年，福特将开始销售全电动 F-150 Lightening，该车建立在福特最畅销皮卡车的成功基础上。蔚来已经拥有更强大的产品目录，包括5座ES6 SUV、5座轿跑车SUV EC6以及6座和7座全尺寸SUV ES8。</blockquote></p><p></p><p> Since NIO is solely focused on producing EVs and occupies a very small and defined niche, the Chinese firm has an advantage as far as EV-manufacturing expertise goes. The question is how long this advantage can last. Ford has extensive experience in building cars and can leverage a global manufacturing base to ramp up EV production faster than any niche EV maker could ever hope to achieve. This makes Ford a very serious rival not only to Tesla (TSLA) in the US, but also to NIO abroad. Ford is accelerating its electrification plans and it has the resources and the ambition to become a leader in EVs within the next decade. Ford’s proposed $30B spending on the electrification of its fleet will accelerate its transformation and turn Ford into a long term threat to other EV makers.</p><p><blockquote>由于蔚来只专注于生产电动汽车，并且占据了一个非常小且明确的利基市场，这家中国公司在电动汽车制造专业知识方面具有优势。问题是这种优势能持续多久。福特在制造汽车方面拥有丰富的经验，可以利用全球制造基地以比任何利基电动汽车制造商希望实现的速度更快地提高电动汽车产量。这使得福特不仅在美国是特斯拉（TSLA）的有力竞争对手，而且在国外也是蔚来的有力竞争对手。福特正在加速其电气化计划，它有资源和雄心在未来十年内成为电动汽车的领导者。福特提议斥资 300 亿美元用于车队电气化，这将加速其转型，并使福特成为其他电动汽车制造商的长期威胁。</blockquote></p><p> Winner here: Ford.</p><p><blockquote>这里的赢家：福特。</blockquote></p><p> <b>Differentiation and BaaS revenue model</b></p><p><blockquote><b>差异化与BaaS收入模式</b></blockquote></p><p> Both Ford and NIO know about the importance of differentiation in a market that will only get more competitive over time, which is why both companies are investing heavily in a related field that can break or solidify dominance in the EV market: Battery technology.</p><p><blockquote>福特和蔚来都知道差异化在这个市场中的重要性，随着时间的推移，这个市场只会变得更加竞争，这就是为什么两家公司都在一个相关领域大力投资，这个领域可以打破或巩固电动汽车市场的主导地位：电池技术。</blockquote></p><p> Ford is&nbsp;forming a joint venture&nbsp;with South Korean battery technology company SK Innovation to secure supply of traction battery cells and array modules. The joint venture is meant to accelerate battery deliveries and will produce approximately 60 GWh annually, enough to cover 25% of Ford’s estimated annual energy demand by 2030. NIO is also investing in battery technology and has&nbsp;formed its own joint venture&nbsp;to secure battery supply.</p><p><blockquote>福特正在与韩国电池技术公司 SK Innovation 成立一家合资企业，以确保牵引电池芯和阵列模块的供应。该合资企业旨在加快电池交付速度，年产量约为 60 GWh，足以满足福特到 2030 年预计年能源需求的 25%。蔚来也在投资电池技术，并组建了自己的合资企业来确保电池供应。</blockquote></p><p> The difference to Ford is that NIO’s battery investment strategy revolves around a battery subscription model, also called “battery-as-a-service”, which creates a strong, long term revenue opportunity for the Chinese vehicle maker. Under this “BaaS” model, users who buy a NIO electric vehicle get a 70,000 RMB initial discount, equivalent to $10,800, and can sign up for a monthly subscription to rent a rechargeable 70 kWh battery. Batteries can then be exchanged at one of NIO’s battery-swapping stations which can be found in most big Chinese cities. A battery subscription costs 980 RMB monthly which is the equivalent of $150.</p><p><blockquote>与福特不同的是，蔚来的电池投资战略围绕着电池订阅模式，也称为 “电池即服务 ”，这为这家中国汽车制造商创造了一个强大的长期收入机会。在这种 “BaaS” 模式下，用户购买蔚来电动汽车可获得 7 万元人民币的初始折扣，折合 1.08 万美元，并可签约包月租赁 70 千瓦时的可充电电池。然后可以在蔚来的换电站更换电池，这些换电站在中国大多数大城市都有。电池订阅费用为每月980元人民币，相当于150美元。</blockquote></p><p> The BaaS model has a couple of benefits for both the vehicle maker and the user: Purchasing an electric vehicle from NIO gets a lot more affordable due to the up-front discount and the subscription model ensures that users benefit from advancement in battery technology and better performance over time. Decoupling battery costs from vehicle prices creates an entirely new revenue stream on a subscription basis for NIO. Revenues from “BaaS” subscriptions could be used to increase the density of NIO’s network of charging/replacement stations. The battery subscription model also binds customers to NIO, potentially increasing customer lifetime value.</p><p><blockquote>BaaS模式对汽车制造商和用户都有几个好处：由于前期折扣，从蔚来购买电动汽车变得更加实惠，订阅模式确保用户受益于电池技术的进步和随着时间的推移更好的性能。将电池成本与汽车价格脱钩，为蔚来创造了一个全新的订阅收入流。“BaaS ”订阅的收入可用于增加蔚来充电/换电站网络的密度。电池订阅模式还将客户绑定到蔚来，从而潜在地增加客户的终身价值。</blockquote></p><p> Ford and NIO are primed to benefit from falling battery costs for electric vehicles as they ramp up capital allocations. As more investments flow into developing more efficient batteries, performance will go up and costs will go down which should drive EV adoption and benefit all EV makers. This is because lower battery prices make EVs more competitive to passenger vehicles with combustion engines. But since NIO is structuring a part of its business model explicitly around battery subscriptions, NIO could benefit more than Ford.</p><p><blockquote>随着福特和蔚来增加资本配置，它们有望从电动汽车电池成本下降中受益。随着越来越多的投资流入开发更高效的电池，性能将会提高，成本将会下降，这应该会推动电动汽车的采用并使所有电动汽车制造商受益。这是因为较低的电池价格使电动汽车比内燃机乘用车更具竞争力。但由于蔚来明确围绕电池订阅构建部分商业模式，蔚来可能会比福特受益更多。</blockquote></p><p> Battery costs for EVs have decreased 70% since 2014, based on information provided by investment firm Schroders, and are set to decrease more this decade.</p><p><blockquote>根据投资公司施罗德提供的信息，自 2014 年以来，电动汽车的电池成本已下降 70%，并且本十年还将进一步下降。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/c42acb75905affe7570a2f399ea3192f\" tg-width=\"758\" tg-height=\"449\"><span>(Source: Schroders)</span></p><p><blockquote><p class=\"t-img-caption\"><span>（来源：施罗德）</span></p></blockquote></p><p> The “BaaS” model is genius and could develop into a $500M a year revenue opportunity for NIO long term. Although Ford is ramping up its investments in battery technology, the winner in this category is: NIO.</p><p><blockquote>“BaaS ”模式是天才之作，从长远来看，它可能会发展成为蔚来每年 5 亿美元的收入机会。尽管福特正在加大对电池技术的投资，但这一类别的赢家是：蔚来。</blockquote></p><p> <b>Sales growth and valuation</b></p><p><blockquote><b>销售增长和估值</b></blockquote></p><p> Ford’s sales in May grew 4.1% Y/Y but electrified vehicle sales (including hybrids) surged 184% Y/Y as Ford sold a record 10,364 EVs/hybrids in May. Escape electrified sales and Explorer Hybrid grew sales at 125% and 132% Y/Y showing strong customer uptake. NIO delivered 6,711 vehicles last month including 3,017 ES6s, 1,412 ES8s and 2,282 EC6s. Total Y/Y delivery growth for May was 95.3%.</p><p><blockquote>福特 5 月份的销量同比增长 4.1%，但电动汽车销量（包括混合动力汽车）同比激增 184%，福特 5 月份售出了创纪录的 10,364 辆电动汽车/混合动力汽车。Escape electrified 和 Explorer Hybrid 的销量分别同比增长 125% 和 132%，显示出强劲的客户吸引力。蔚来上个月交付了 6,711 辆汽车，其中包括 3,017 辆 ES6、1,412 辆 ES8 和 2,282 辆 EC6。5 月份总交付量同比增长 95.3%。</blockquote></p><p> Ford's sales are fifty-four times larger than NIO's which creates more sales growth and revaluation potential for NIO.</p><p><blockquote>福特的销量是蔚来汽车的54倍，这为蔚来创造了更多的销售增长和重估潜力。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/df5a0a393e44ed74241c5effcdd92350\" tg-width=\"635\" tg-height=\"419\"><span>Data by YCharts</span></p><p><blockquote><p class=\"t-img-caption\"><span>数据由YCharts提供</span></p></blockquote></p><p></p><p> The difference in valuation between Ford and NIO is like the difference between night and day. This is because Ford is still seen as a mature vehicle maker with expected enterprise sales growth in the low-to-mid digits, despite explosive growth in the EV category. Ford is expected to grow revenues by 33% until FY 2025 (base year: FY 2020) and NIO by 808%!</p><p><blockquote>福特和蔚来之间的估值差异就像黑夜和白天之间的差异。这是因为尽管电动汽车类别实现了爆炸式增长，但福特仍被视为一家成熟的汽车制造商，预计企业销量增长将达到中低位数。福特预计到 2025 财年（基准年：2020 财年）收入将增长 33%，蔚来将增长 808%!</blockquote></p><p> Due to these differences in sales growth, NIO is the complete opposite of Ford, at least as far as valuation goes. The Chinese EV-maker is expected to see sales and delivery growth close to 100% this year and since NIO is only dealing in EVs, NIO gets a much higher market-cap-to-sales ratio than Ford.</p><p><blockquote>由于销售增长的这些差异，蔚来与福特完全相反，至少就估值而言是这样。这家中国电动汽车制造商预计今年的销量和交付量将增长接近 100%，由于蔚来只销售电动汽车，蔚来的市值与销量之比远高于福特。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/817605c6b1e82c03d0473ea570d32b8f\" tg-width=\"506\" tg-height=\"406\"><span>(Source: Author)</span></p><p><blockquote><p class=\"t-img-caption\"><span>（来源：作者）</span></p></blockquote></p><p> <b>NIO has larger risks...</b></p><p><blockquote><b>蔚来有更大的风险……</b></blockquote></p><p> NIO is the more risky venture, but also the one that offers the most promise. Government policy favors EV-makers like NIO. The potential for total global sales growth is larger for NIO as it operates from a smaller revenue base compared to Ford. But there are also a few things that work against NIO. For example, recalls due to production defects would be a much bigger challenge for NIO to overcome than for Ford which can rely on a global service and distribution network. NIO’s valuation is also not without risk as an unexpected slowing of sales growth due to production setbacks would leave a much larger dent in the financials.</p><p><blockquote>蔚来是风险更大的企业，但也是最有希望的企业。政府政策有利于蔚来等电动汽车制造商。与福特相比，蔚来的全球总销售额增长潜力更大，因为它的营收基础较小。但也有一些事情对蔚来不利。例如，与可以依赖全球服务和分销网络的福特相比，由于生产缺陷导致的召回对于蔚来来说将是一个更大的挑战。蔚来的估值也并非没有风险，因为生产受挫导致销售增长意外放缓，将对财务状况造成更大影响。</blockquote></p><p> <b>Final verdict</b></p><p><blockquote><b>最终判决</b></blockquote></p><p> NIO is definitely the more “sexy” vehicle maker. Strong adoption and sales growth in China and Europe support NIO. Its super smart BaaS model which decouples vehicle purchase prices from battery costs is genius. You pay a high price for this growth but the market opportunity for NIO is immense.</p><p><blockquote>蔚来绝对是更 “性感 ”的汽车制造商。在中国和欧洲的强劲采用率和销售增长支持了蔚来。其超级智能BaaS模型将车辆购买价格与电池成本脱钩，堪称天才。你为这种增长付出了高昂的代价，但蔚来的市场机会是巨大的。</blockquote></p><p> Ford’s EV sales are booming and the percentage of EV sales will increase as the vehicle maker electrifies its fleet. Ford has a lot of potential in the EV market but since EV sales are still a relatively low percentage of total sales, it will take a long time for Ford to complete its transformation.</p><p><blockquote>福特的电动汽车销量正在蓬勃发展，随着该汽车制造商车队电气化，电动汽车销量的比例也将不断增加。福特在电动汽车市场潜力巨大，但由于电动汽车销量占总销量的比例仍然相对较低，福特需要很长时间才能完成转型。</blockquote></p><p> If you believe in the potential of the global EV market, buy NIO. If you believe in the potential of the global EV market and don’t like much risk, buy Ford.</p><p><blockquote>如果您相信全球电动汽车市场的潜力，请购买蔚来。如果你相信全球电动汽车市场的潜力，又不喜欢太大的风险，那就买福特吧。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://seekingalpha.com/article/4436600-ford-or-nio-the-final-verdict\">seekingalpha</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","F":"福特汽车"},"source_url":"https://seekingalpha.com/article/4436600-ford-or-nio-the-final-verdict","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1137119316","content_text":"Summary\n\nI am comparing Ford against NIO in different categories.\nThe comparison is intended to improve the understanding of Ford's and NIO's growth potential while highlighting differences in market position and opportunities.\nNIO is growing a lot faster than Ford and the high valuation may be justified.\n\npeterschreiber.media/iStock via Getty Images\nWith Ford (F) launching a major offensive in the market for electric vehicles, Chinese EV maker NIO (NIO) will face one more rival competing for sales in the future. Which vehicle maker offers the best deal based on market opportunity, scale, revenue model, growth prospects and valuation? I will compare Ford against NIO in each category and issue a final verdict at the end.\nFord vs. NIO: The battle for the global electric vehicle market is heating up\nAlthough there is a world of difference between Ford and NIO, both companies are set to go toe-to-toe in the rapidly growing global electric vehicle market. Ford’s fleet is not yet EV-focused but this is going to change: Feeling that the EV race is heating up, Ford said it is accelerating its electrification plan by investing $30B into its EV manufacturing capabilities until 2025. Ford’s previous capital plan called for a $22B investment in zero-emission vehicles. Ford also set an ambitious sales goal: 40% of its global sales will be electric within the next decade and 33% of pickup truck sales. Electric vehicle sales account for just 1% of Ford's sales today. As Ford is phasing out combustion engines, it is set to evolve into an all-electric vehicle maker by 2040.\nMarket opportunity\nIn 2020, 3.2m electric vehicles were sold in the world which represented a small market share of just 4.2%. China, however, was responsible for buying 41% of all electric vehicles in the world in 2020. Chinese buyers purchased 1.3m electric vehicles last year and sales are set to grow fast as Beijing seeks to boost EV adoption. The second largest market for electric vehicles was Europe which accounted for 42% of global EV sales. The US is only the third-largest market for plug-in electric vehicles in the world.\n(Source: Wikipedia)\nChina, by far, is the fastest growing EV market in the world, although Europe is catching up fast, in part due to a legislative efforts to increase adoption of zero-emission passenger vehicles and because of massive investments in a Europe-wide charging station network. NIO is on the cusp of entering the European market in a bid to grow market share in the world’s second-largest EV market before the competition is ready.\nBeijing is a driver behind the electrification of the Chinese auto industry: The government wants to see a twenty percent share of electric vehicles for new car sales by 2025 which will drive EV penetration in NIO’s home market.\n(Source:Schroders)\nTurning to growth projections.\nWith more favorable government policies for EV makers in places like China and Europe, these markets are poised to see the fastest sales growth and the highest EV adoption rates in the world. China is not only the largest market due to population size but is also expected to outperform all other markets in the world in EV sales until 2030.\n(Source:McKinsey)\nSince China has a larger total market size, a higher EV adoption rate, stronger expected sales growth and a more favorable regulatory framework, the winner here would be: NIO.\nScale and manufacturing competence\nFord has a century’s worth of manufacturing experience. But Ford, so far, has only one all-electric vehicle in its product line-up that compares to NIO: The Mustang Mach-E SUV. In 2022, Ford will begin to sell the all-electric F-150 Lightening which builds on the success of Ford’s best-selling pick-up truck. NIO already has a stronger product catalog including the 5-seater ES6 SUV, the 5-seater coupe SUV EC6 and the ES8, a 6-seater and 7-seater full-sized SUV.\nSince NIO is solely focused on producing EVs and occupies a very small and defined niche, the Chinese firm has an advantage as far as EV-manufacturing expertise goes. The question is how long this advantage can last. Ford has extensive experience in building cars and can leverage a global manufacturing base to ramp up EV production faster than any niche EV maker could ever hope to achieve. This makes Ford a very serious rival not only to Tesla (TSLA) in the US, but also to NIO abroad. Ford is accelerating its electrification plans and it has the resources and the ambition to become a leader in EVs within the next decade. Ford’s proposed $30B spending on the electrification of its fleet will accelerate its transformation and turn Ford into a long term threat to other EV makers.\nWinner here: Ford.\nDifferentiation and BaaS revenue model\nBoth Ford and NIO know about the importance of differentiation in a market that will only get more competitive over time, which is why both companies are investing heavily in a related field that can break or solidify dominance in the EV market: Battery technology.\nFord is forming a joint venture with South Korean battery technology company SK Innovation to secure supply of traction battery cells and array modules. The joint venture is meant to accelerate battery deliveries and will produce approximately 60 GWh annually, enough to cover 25% of Ford’s estimated annual energy demand by 2030. NIO is also investing in battery technology and has formed its own joint venture to secure battery supply.\nThe difference to Ford is that NIO’s battery investment strategy revolves around a battery subscription model, also called “battery-as-a-service”, which creates a strong, long term revenue opportunity for the Chinese vehicle maker. Under this “BaaS” model, users who buy a NIO electric vehicle get a 70,000 RMB initial discount, equivalent to $10,800, and can sign up for a monthly subscription to rent a rechargeable 70 kWh battery. Batteries can then be exchanged at one of NIO’s battery-swapping stations which can be found in most big Chinese cities. A battery subscription costs 980 RMB monthly which is the equivalent of $150.\nThe BaaS model has a couple of benefits for both the vehicle maker and the user: Purchasing an electric vehicle from NIO gets a lot more affordable due to the up-front discount and the subscription model ensures that users benefit from advancement in battery technology and better performance over time. Decoupling battery costs from vehicle prices creates an entirely new revenue stream on a subscription basis for NIO. Revenues from “BaaS” subscriptions could be used to increase the density of NIO’s network of charging/replacement stations. The battery subscription model also binds customers to NIO, potentially increasing customer lifetime value.\nFord and NIO are primed to benefit from falling battery costs for electric vehicles as they ramp up capital allocations. As more investments flow into developing more efficient batteries, performance will go up and costs will go down which should drive EV adoption and benefit all EV makers. This is because lower battery prices make EVs more competitive to passenger vehicles with combustion engines. But since NIO is structuring a part of its business model explicitly around battery subscriptions, NIO could benefit more than Ford.\nBattery costs for EVs have decreased 70% since 2014, based on information provided by investment firm Schroders, and are set to decrease more this decade.\n(Source: Schroders)\nThe “BaaS” model is genius and could develop into a $500M a year revenue opportunity for NIO long term. Although Ford is ramping up its investments in battery technology, the winner in this category is: NIO.\nSales growth and valuation\nFord’s sales in May grew 4.1% Y/Y but electrified vehicle sales (including hybrids) surged 184% Y/Y as Ford sold a record 10,364 EVs/hybrids in May. Escape electrified sales and Explorer Hybrid grew sales at 125% and 132% Y/Y showing strong customer uptake. NIO delivered 6,711 vehicles last month including 3,017 ES6s, 1,412 ES8s and 2,282 EC6s. Total Y/Y delivery growth for May was 95.3%.\nFord's sales are fifty-four times larger than NIO's which creates more sales growth and revaluation potential for NIO.\nData by YCharts\nThe difference in valuation between Ford and NIO is like the difference between night and day. This is because Ford is still seen as a mature vehicle maker with expected enterprise sales growth in the low-to-mid digits, despite explosive growth in the EV category. Ford is expected to grow revenues by 33% until FY 2025 (base year: FY 2020) and NIO by 808%!\nDue to these differences in sales growth, NIO is the complete opposite of Ford, at least as far as valuation goes. The Chinese EV-maker is expected to see sales and delivery growth close to 100% this year and since NIO is only dealing in EVs, NIO gets a much higher market-cap-to-sales ratio than Ford.\n(Source: Author)\nNIO has larger risks...\nNIO is the more risky venture, but also the one that offers the most promise. Government policy favors EV-makers like NIO. The potential for total global sales growth is larger for NIO as it operates from a smaller revenue base compared to Ford. But there are also a few things that work against NIO. For example, recalls due to production defects would be a much bigger challenge for NIO to overcome than for Ford which can rely on a global service and distribution network. NIO’s valuation is also not without risk as an unexpected slowing of sales growth due to production setbacks would leave a much larger dent in the financials.\nFinal verdict\nNIO is definitely the more “sexy” vehicle maker. Strong adoption and sales growth in China and Europe support NIO. Its super smart BaaS model which decouples vehicle purchase prices from battery costs is genius. You pay a high price for this growth but the market opportunity for NIO is immense.\nFord’s EV sales are booming and the percentage of EV sales will increase as the vehicle maker electrifies its fleet. Ford has a lot of potential in the EV market but since EV sales are still a relatively low percentage of total sales, it will take a long time for Ford to complete its transformation.\nIf you believe in the potential of the global EV market, buy NIO. If you believe in the potential of the global EV market and don’t like much risk, buy Ford.","news_type":1,"symbols_score_info":{"F":0.9,"NIO":0.9}},"isVote":1,"tweetType":1,"viewCount":1211,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":111472549,"gmtCreate":1622696147281,"gmtModify":1634099036656,"author":{"id":"3581079319641993","authorId":"3581079319641993","name":"mummumtumtum","avatar":"https://static.tigerbbs.com/1314a5de0c397dde3e609fa1f0de4fba","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3581079319641993","idStr":"3581079319641993"},"themes":[],"title":"","htmlText":"Purely speculative","listText":"Purely speculative","text":"Purely speculative","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/111472549","repostId":"1105752559","repostType":4,"repost":{"id":"1105752559","kind":"news","pubTimestamp":1622694904,"share":"https://www.laohunote.com/m/news/1105752559?lang=zh_CN&edition=full","pubTime":"2021-06-03 12:35","market":"us","language":"en","title":"Opinion: What’s the smart way to play AMC’s stock? Try these two options strategies<blockquote>观点： 玩 AMC 股票的明智方法是什么？尝试这两种期权策略</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1105752559","media":"Market Wacth","summary":"AMC shares are super-volatile amid a short squeeze. Options can be a way to capitalize on the moves,","content":"<p>AMC shares are super-volatile amid a short squeeze. Options can be a way to capitalize on the moves, with a measure of prudence.</p><p><blockquote>在空头挤压下，AMC 股票波动性极大。在谨慎的前提下，期权可以成为利用这些举措的一种方式。</blockquote></p><p><a href=\"https://laohu8.com/S/AMC\">AMC Entertainment</a> Holdings shares are once again exploding, having been caught in a short squeeze.</p><p><blockquote><a href=\"https://laohu8.com/S/AMC\">AMC院线</a>控股股票在陷入空头挤压后再次爆发。</blockquote></p><p>The stock’s realized and implied volatilities are soaring. AMC at <a href=\"https://laohu8.com/S/AONE\">one</a> point today more than doubled. There are two options strategies, below, to try to capitalize off this uncommon move. (Note that the data in this article are as of the close of trading June 1.)</p><p><blockquote>该股的已实现和隐含波动率正在飙升。AMC在<a href=\"https://laohu8.com/S/AONE\">一</a>今天的积分增加了一倍多。下面有两种期权策略，试图利用这一不寻常的举措。（请注意，本文数据截至6月1日收盘。）</blockquote></p><p>The first chart of AMCAMC,+95.22%,below, tracks two years, showing the stock had been in a general decline through most of 2019. In fact, AMC had been falling since making all-time highs in the mid-$30s in 2015 and 2016.</p><p><blockquote>AMCAMC 的第一张图表（+95.22%，下图）追踪了两年，显示该股在 2019 年的大部分时间里一直处于普遍下跌状态。事实上，自 2015 年和 2016 年创下 30 美元左右的历史高点以来，AMC 一直在下跌。</blockquote></p><p>The stock then slumped further due to the pandemic. Things began to change, however, when it rallied amid a short squeeze in late January 2021. The stock exploded from $2 to $20 in less than a month.</p><p><blockquote>随后，由于疫情，该股进一步下跌。然而，当它在 2021 年 1 月下旬的空头挤压中反弹时，情况开始发生变化。该股在不到一个月的时间里从 2 美元暴涨至 20 美元。</blockquote></p><p>Now another short squeeze is under way, and the stock has risen from $9 to over $60 in the last month.</p><p><blockquote>现在又一次空头挤压正在进行中，该股上个月已从9美元上涨至60美元以上。</blockquote></p><p><img src=\"https://static.tigerbbs.com/dd994b6947e51ac1dd241aebc098785c\" tg-width=\"620\" tg-height=\"465\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p>It is impossible to justify these moves in terms of fundamental or even technical analysis, but there are opportunities presented by the options markets. As might be expected, the options have gotten extremely expensive. The next chart is a <a href=\"https://laohu8.com/S/AONE.U\">one</a>-year, showing the<i>composite</i>implied volatility of AMC options on top and the price of the stock on the bottom. (Composite implied volatility is a weighted volatility of the most active options on AMC.)</p><p><blockquote>从基本面甚至技术分析的角度来看，不可能证明这些走势是合理的，但期权市场提供了机会。正如所料，这些期权已经变得极其昂贵。下一个图表是<a href=\"https://laohu8.com/S/AONE.U\">一</a>-年，显示<i>复合的</i>顶部是 AMC 期权的隐含波动率，底部是股票价格。（综合隐含波动率是 AMC 上最活跃期权的加权波动率。）</blockquote></p><p><img src=\"https://static.tigerbbs.com/0833b40f70599f8f813f2c0eaa3a7c8b\" tg-width=\"620\" tg-height=\"466\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p>The composite implied volatility has risen to more than 200%. (Don’t worry about what that means statistically, just use it as a comparative measure — 200% is a<i>lot</i>higher than the “normal” volatility, up to four times that of its pre-pandemic level.)</p><p><blockquote>综合隐含波动率已升至200%以上。（不要担心这在统计学上意味着什么，只需将其作为一个比较指标——200% 是一个<i>很多</i>高于“正常”波动性，高达大流行前水平的四倍）。</blockquote></p><p>So, what option strategies make sense? Simply buying expensive options is justifiable while volatility remains high, believe it or not. The 10-day realized (historical) volatility of AMC is now an astounding 211%. The 20-day historical volatility (HV) is 160%.</p><p><blockquote>那么，哪些期权策略有意义呢？信不信由你，在波动性仍然很高的情况下，简单地购买昂贵的期权是合理的。AMC 的 10 天实现（历史）波动性现在达到了惊人的 211%。20天历史波动率（HV）为160%。</blockquote></p><p>However, those volatilities will drop quickly if the stock starts to stabilize — wherever that may be.&nbsp;But as long as they hold up, at-the-money options are not a lot more expensive than that, in terms of implied volatility. However,<i>out-of-the-money</i>options are much more expensive, and those are generally unattractive purchases — certainly not based on a statistical basis.</p><p><blockquote>然而，如果股市开始企稳，这些波动性将会迅速下降——不管可能在哪里。但只要它们坚持下去，就隐含波动性而言，平价期权并不比平价期权贵多少。然而，<i>现金外</i>期权要贵得多，而且这些购买通常没有吸引力——当然不是基于统计基础。</blockquote></p><p>Many traders want to sell the options because they think they are so overpriced. Well, they may be overpriced, but at current volatility levels, the stock can move a great distance and cause ruin for an options-selling strategy.</p><p><blockquote>许多交易者想要出售期权，因为他们认为期权定价过高。嗯，它们可能定价过高，但在当前的波动性水平下，股票可能会波动很大的距离，并导致期权销售策略的毁灭。</blockquote></p><p>One can see from the <a href=\"https://laohu8.com/S/AONE\">one</a>-year chart of AMC that after the last short squeeze, the stock dropped quickly, but never got back to the prices from which the short squeeze was launched. That is typical behavior in a short squeeze.</p><p><blockquote>从<a href=\"https://laohu8.com/S/AONE\">一</a>-AMC 年度图显示，上次逼空后，该股迅速下跌，但再也没有回到逼空时的价格。这是做空时的典型行为。</blockquote></p><p>Consider the two following charts — of Riot BlockchainRIOT,+2.74%and GameStopGME,+13.34%— both of which have been short squeezes. RIOT was also a short squeeze when it first came public, in late 2017 (not shown on the chart).</p><p><blockquote>考虑以下两张图表——Riot BlockchainRIOT，+2.74% 和 GameStopGME，+13.34%——这两张图表都是空头挤压。RIOT 于 2017 年底首次上市时也是一次空头挤压（图表中未显示）。</blockquote></p><p><img src=\"https://static.tigerbbs.com/fda30eb7b24e1715b109a7c7f42a2623\" tg-width=\"620\" tg-height=\"465\" referrerpolicy=\"no-referrer\"><img src=\"https://static.tigerbbs.com/e235888f2cd914eacad62e402d2397c7\" tg-width=\"620\" tg-height=\"465\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p>In both of those cases, a similar pattern appears: The short squeeze ends, the stock falls, but not all the way back to its “pre-squeeze” price, at least not for a while.</p><p><blockquote>在这两种情况下，都会出现类似的模式： 空头挤压结束，股票下跌，但不会完全回到 “挤压前 ”的价格，至少在一段时间内不会。</blockquote></p><p><a href=\"https://laohu8.com/S/TWOA.U\">Two</a> options strategies could take advantage of this:</p><p><blockquote><a href=\"https://laohu8.com/S/TWOA.U\">二</a>期权策略可以利用这一点：</blockquote></p><p></p><p><ol><li><b>A bear put spread.</b>Buy puts with striking prices just below the current elevated stock&nbsp; price<i>and</i>sell puts with a significantly lower strike price. This strategy generally has an advantage in that the implied volatility of the put you are buying is lower than the implied volatility of the put you are selling. You can’t lose more money than the debit you pay for the spread, but you could lose 100% of that debit if the stock continues to rise and the options expire worthless.</li><li><b>Sell put credit spreads with strikes at or near the price of AMC</b><b><i>prior</i></b><b>to the short squeeze.</b>AMC was in the teens before this latest round of short squeeze began. The potential gain here would be the credit initially received, but the margin requirement — which is equal to the risk in the spread — is the difference in the strikes, less the credit received.&nbsp;A derivative of this strategy, for extremely aggressive accounts, would be to sell puts (naked) with strikes in the teens.</li></ol>Obviously, there are lot of options combinations that could be considered, but these are two relatively simple spread strategies that will pay off if AMC behaves like other short squeezes: Eventually the stock peaks and begins to fall, but it doesn’t fall far enough to reach its “pre-squeeze” levels.</p><p><blockquote><ol><li><b>一只熊摊开了。</b>以略低于当前上涨股价的惊人价格购买看跌期权<i>和</i>以明显较低的执行价格出售看跌期权。这种策略通常具有优势，即您买入的看跌期权的隐含波动率低于您卖出的看跌期权的隐含波动率。你损失的钱不会超过你为点差支付的借方，但如果股票继续上涨，而期权到期时一文不值，你可能会损失 100% 的借方。</li><li><b>以 AMC 价格或接近 AMC 价格的价格出售看跌信用利差</b><b><i>先前的</i></b><b>到空头挤压。</b>在最新一轮空头挤压开始之前，AMC 才十几岁。这里的潜在收益将是最初获得的信贷，但保证金要求——等于价差中的风险——是罢工的差额减去获得的信贷。对于极其激进的账户来说，这一策略的衍生产品是在十几岁时出售看跌期权（裸）。</li></ol>显然，可以考虑很多期权组合，但这两种相对简单的价差策略如果 AMC 的行为像其他空头挤压一样，就会得到回报： 最终股票见顶并开始下跌，但跌幅不足以达到 “挤压前 ”水平。</blockquote></p><p></p>","source":"lsy1604288433698","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Opinion: What’s the smart way to play AMC’s stock? Try these two options strategies<blockquote>观点： 玩 AMC 股票的明智方法是什么？尝试这两种期权策略</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nOpinion: What’s the smart way to play AMC’s stock? Try these two options strategies<blockquote>观点： 玩 AMC 股票的明智方法是什么？尝试这两种期权策略</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Market Wacth</strong><span class=\"h-time small\">2021-06-03 12:35</span>\n</p>\n</h4>\n</header>\n<article>\n<p>AMC shares are super-volatile amid a short squeeze. Options can be a way to capitalize on the moves, with a measure of prudence.</p><p><blockquote>在空头挤压下，AMC 股票波动性极大。在谨慎的前提下，期权可以成为利用这些举措的一种方式。</blockquote></p><p><a href=\"https://laohu8.com/S/AMC\">AMC Entertainment</a> Holdings shares are once again exploding, having been caught in a short squeeze.</p><p><blockquote><a href=\"https://laohu8.com/S/AMC\">AMC院线</a>控股股票在陷入空头挤压后再次爆发。</blockquote></p><p>The stock’s realized and implied volatilities are soaring. AMC at <a href=\"https://laohu8.com/S/AONE\">one</a> point today more than doubled. There are two options strategies, below, to try to capitalize off this uncommon move. (Note that the data in this article are as of the close of trading June 1.)</p><p><blockquote>该股的已实现和隐含波动率正在飙升。AMC在<a href=\"https://laohu8.com/S/AONE\">一</a>今天的积分增加了一倍多。下面有两种期权策略，试图利用这一不寻常的举措。（请注意，本文数据截至6月1日收盘。）</blockquote></p><p>The first chart of AMCAMC,+95.22%,below, tracks two years, showing the stock had been in a general decline through most of 2019. In fact, AMC had been falling since making all-time highs in the mid-$30s in 2015 and 2016.</p><p><blockquote>AMCAMC 的第一张图表（+95.22%，下图）追踪了两年，显示该股在 2019 年的大部分时间里一直处于普遍下跌状态。事实上，自 2015 年和 2016 年创下 30 美元左右的历史高点以来，AMC 一直在下跌。</blockquote></p><p>The stock then slumped further due to the pandemic. Things began to change, however, when it rallied amid a short squeeze in late January 2021. The stock exploded from $2 to $20 in less than a month.</p><p><blockquote>随后，由于疫情，该股进一步下跌。然而，当它在 2021 年 1 月下旬的空头挤压中反弹时，情况开始发生变化。该股在不到一个月的时间里从 2 美元暴涨至 20 美元。</blockquote></p><p>Now another short squeeze is under way, and the stock has risen from $9 to over $60 in the last month.</p><p><blockquote>现在又一次空头挤压正在进行中，该股上个月已从9美元上涨至60美元以上。</blockquote></p><p><img src=\"https://static.tigerbbs.com/dd994b6947e51ac1dd241aebc098785c\" tg-width=\"620\" tg-height=\"465\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p>It is impossible to justify these moves in terms of fundamental or even technical analysis, but there are opportunities presented by the options markets. As might be expected, the options have gotten extremely expensive. The next chart is a <a href=\"https://laohu8.com/S/AONE.U\">one</a>-year, showing the<i>composite</i>implied volatility of AMC options on top and the price of the stock on the bottom. (Composite implied volatility is a weighted volatility of the most active options on AMC.)</p><p><blockquote>从基本面甚至技术分析的角度来看，不可能证明这些走势是合理的，但期权市场提供了机会。正如所料，这些期权已经变得极其昂贵。下一个图表是<a href=\"https://laohu8.com/S/AONE.U\">一</a>-年，显示<i>复合的</i>顶部是 AMC 期权的隐含波动率，底部是股票价格。（综合隐含波动率是 AMC 上最活跃期权的加权波动率。）</blockquote></p><p><img src=\"https://static.tigerbbs.com/0833b40f70599f8f813f2c0eaa3a7c8b\" tg-width=\"620\" tg-height=\"466\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p>The composite implied volatility has risen to more than 200%. (Don’t worry about what that means statistically, just use it as a comparative measure — 200% is a<i>lot</i>higher than the “normal” volatility, up to four times that of its pre-pandemic level.)</p><p><blockquote>综合隐含波动率已升至200%以上。（不要担心这在统计学上意味着什么，只需将其作为一个比较指标——200% 是一个<i>很多</i>高于“正常”波动性，高达大流行前水平的四倍）。</blockquote></p><p>So, what option strategies make sense? Simply buying expensive options is justifiable while volatility remains high, believe it or not. The 10-day realized (historical) volatility of AMC is now an astounding 211%. The 20-day historical volatility (HV) is 160%.</p><p><blockquote>那么，哪些期权策略有意义呢？信不信由你，在波动性仍然很高的情况下，简单地购买昂贵的期权是合理的。AMC 的 10 天实现（历史）波动性现在达到了惊人的 211%。20天历史波动率（HV）为160%。</blockquote></p><p>However, those volatilities will drop quickly if the stock starts to stabilize — wherever that may be.&nbsp;But as long as they hold up, at-the-money options are not a lot more expensive than that, in terms of implied volatility. However,<i>out-of-the-money</i>options are much more expensive, and those are generally unattractive purchases — certainly not based on a statistical basis.</p><p><blockquote>然而，如果股市开始企稳，这些波动性将会迅速下降——不管可能在哪里。但只要它们坚持下去，就隐含波动性而言，平价期权并不比平价期权贵多少。然而，<i>现金外</i>期权要贵得多，而且这些购买通常没有吸引力——当然不是基于统计基础。</blockquote></p><p>Many traders want to sell the options because they think they are so overpriced. Well, they may be overpriced, but at current volatility levels, the stock can move a great distance and cause ruin for an options-selling strategy.</p><p><blockquote>许多交易者想要出售期权，因为他们认为期权定价过高。嗯，它们可能定价过高，但在当前的波动性水平下，股票可能会波动很大的距离，并导致期权销售策略的毁灭。</blockquote></p><p>One can see from the <a href=\"https://laohu8.com/S/AONE\">one</a>-year chart of AMC that after the last short squeeze, the stock dropped quickly, but never got back to the prices from which the short squeeze was launched. That is typical behavior in a short squeeze.</p><p><blockquote>从<a href=\"https://laohu8.com/S/AONE\">一</a>-AMC 年度图显示，上次逼空后，该股迅速下跌，但再也没有回到逼空时的价格。这是做空时的典型行为。</blockquote></p><p>Consider the two following charts — of Riot BlockchainRIOT,+2.74%and GameStopGME,+13.34%— both of which have been short squeezes. RIOT was also a short squeeze when it first came public, in late 2017 (not shown on the chart).</p><p><blockquote>考虑以下两张图表——Riot BlockchainRIOT，+2.74% 和 GameStopGME，+13.34%——这两张图表都是空头挤压。RIOT 于 2017 年底首次上市时也是一次空头挤压（图表中未显示）。</blockquote></p><p><img src=\"https://static.tigerbbs.com/fda30eb7b24e1715b109a7c7f42a2623\" tg-width=\"620\" tg-height=\"465\" referrerpolicy=\"no-referrer\"><img src=\"https://static.tigerbbs.com/e235888f2cd914eacad62e402d2397c7\" tg-width=\"620\" tg-height=\"465\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p>In both of those cases, a similar pattern appears: The short squeeze ends, the stock falls, but not all the way back to its “pre-squeeze” price, at least not for a while.</p><p><blockquote>在这两种情况下，都会出现类似的模式： 空头挤压结束，股票下跌，但不会完全回到 “挤压前 ”的价格，至少在一段时间内不会。</blockquote></p><p><a href=\"https://laohu8.com/S/TWOA.U\">Two</a> options strategies could take advantage of this:</p><p><blockquote><a href=\"https://laohu8.com/S/TWOA.U\">二</a>期权策略可以利用这一点：</blockquote></p><p></p><p><ol><li><b>A bear put spread.</b>Buy puts with striking prices just below the current elevated stock&nbsp; price<i>and</i>sell puts with a significantly lower strike price. This strategy generally has an advantage in that the implied volatility of the put you are buying is lower than the implied volatility of the put you are selling. You can’t lose more money than the debit you pay for the spread, but you could lose 100% of that debit if the stock continues to rise and the options expire worthless.</li><li><b>Sell put credit spreads with strikes at or near the price of AMC</b><b><i>prior</i></b><b>to the short squeeze.</b>AMC was in the teens before this latest round of short squeeze began. The potential gain here would be the credit initially received, but the margin requirement — which is equal to the risk in the spread — is the difference in the strikes, less the credit received.&nbsp;A derivative of this strategy, for extremely aggressive accounts, would be to sell puts (naked) with strikes in the teens.</li></ol>Obviously, there are lot of options combinations that could be considered, but these are two relatively simple spread strategies that will pay off if AMC behaves like other short squeezes: Eventually the stock peaks and begins to fall, but it doesn’t fall far enough to reach its “pre-squeeze” levels.</p><p><blockquote><ol><li><b>一只熊摊开了。</b>以略低于当前上涨股价的惊人价格购买看跌期权<i>和</i>以明显较低的执行价格出售看跌期权。这种策略通常具有优势，即您买入的看跌期权的隐含波动率低于您卖出的看跌期权的隐含波动率。你损失的钱不会超过你为点差支付的借方，但如果股票继续上涨，而期权到期时一文不值，你可能会损失 100% 的借方。</li><li><b>以 AMC 价格或接近 AMC 价格的价格出售看跌信用利差</b><b><i>先前的</i></b><b>到空头挤压。</b>在最新一轮空头挤压开始之前，AMC 才十几岁。这里的潜在收益将是最初获得的信贷，但保证金要求——等于价差中的风险——是罢工的差额减去获得的信贷。对于极其激进的账户来说，这一策略的衍生产品是在十几岁时出售看跌期权（裸）。</li></ol>显然，可以考虑很多期权组合，但这两种相对简单的价差策略如果 AMC 的行为像其他空头挤压一样，就会得到回报： 最终股票见顶并开始下跌，但跌幅不足以达到 “挤压前 ”水平。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.marketwatch.com/story/whats-the-smart-way-to-play-amcs-stock-try-these-two-options-strategies-11622657539?mod=home-page\">Market Wacth</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.marketwatch.com/story/whats-the-smart-way-to-play-amcs-stock-try-these-two-options-strategies-11622657539?mod=home-page","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1105752559","content_text":"AMC shares are super-volatile amid a short squeeze. Options can be a way to capitalize on the moves, with a measure of prudence.AMC Entertainment Holdings shares are once again exploding, having been caught in a short squeeze.The stock’s realized and implied volatilities are soaring. AMC at one point today more than doubled. There are two options strategies, below, to try to capitalize off this uncommon move. (Note that the data in this article are as of the close of trading June 1.)The first chart of AMCAMC,+95.22%,below, tracks two years, showing the stock had been in a general decline through most of 2019. In fact, AMC had been falling since making all-time highs in the mid-$30s in 2015 and 2016.The stock then slumped further due to the pandemic. Things began to change, however, when it rallied amid a short squeeze in late January 2021. The stock exploded from $2 to $20 in less than a month.Now another short squeeze is under way, and the stock has risen from $9 to over $60 in the last month.It is impossible to justify these moves in terms of fundamental or even technical analysis, but there are opportunities presented by the options markets. As might be expected, the options have gotten extremely expensive. The next chart is a one-year, showing thecompositeimplied volatility of AMC options on top and the price of the stock on the bottom. (Composite implied volatility is a weighted volatility of the most active options on AMC.)The composite implied volatility has risen to more than 200%. (Don’t worry about what that means statistically, just use it as a comparative measure — 200% is alothigher than the “normal” volatility, up to four times that of its pre-pandemic level.)So, what option strategies make sense? Simply buying expensive options is justifiable while volatility remains high, believe it or not. The 10-day realized (historical) volatility of AMC is now an astounding 211%. The 20-day historical volatility (HV) is 160%.However, those volatilities will drop quickly if the stock starts to stabilize — wherever that may be. But as long as they hold up, at-the-money options are not a lot more expensive than that, in terms of implied volatility. However,out-of-the-moneyoptions are much more expensive, and those are generally unattractive purchases — certainly not based on a statistical basis.Many traders want to sell the options because they think they are so overpriced. Well, they may be overpriced, but at current volatility levels, the stock can move a great distance and cause ruin for an options-selling strategy.One can see from the one-year chart of AMC that after the last short squeeze, the stock dropped quickly, but never got back to the prices from which the short squeeze was launched. That is typical behavior in a short squeeze.Consider the two following charts — of Riot BlockchainRIOT,+2.74%and GameStopGME,+13.34%— both of which have been short squeezes. RIOT was also a short squeeze when it first came public, in late 2017 (not shown on the chart).In both of those cases, a similar pattern appears: The short squeeze ends, the stock falls, but not all the way back to its “pre-squeeze” price, at least not for a while.Two options strategies could take advantage of this:A bear put spread.Buy puts with striking prices just below the current elevated stock  priceandsell puts with a significantly lower strike price. This strategy generally has an advantage in that the implied volatility of the put you are buying is lower than the implied volatility of the put you are selling. You can’t lose more money than the debit you pay for the spread, but you could lose 100% of that debit if the stock continues to rise and the options expire worthless.Sell put credit spreads with strikes at or near the price of AMCpriorto the short squeeze.AMC was in the teens before this latest round of short squeeze began. The potential gain here would be the credit initially received, but the margin requirement — which is equal to the risk in the spread — is the difference in the strikes, less the credit received. A derivative of this strategy, for extremely aggressive accounts, would be to sell puts (naked) with strikes in the teens.Obviously, there are lot of options combinations that could be considered, but these are two relatively simple spread strategies that will pay off if AMC behaves like other short squeezes: Eventually the stock peaks and begins to fall, but it doesn’t fall far enough to reach its “pre-squeeze” levels.","news_type":1,"symbols_score_info":{"AMC":0.9}},"isVote":1,"tweetType":1,"viewCount":665,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":837462103,"gmtCreate":1629906074002,"gmtModify":1631890205309,"author":{"id":"3581079319641993","authorId":"3581079319641993","name":"mummumtumtum","avatar":"https://static.tigerbbs.com/1314a5de0c397dde3e609fa1f0de4fba","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3581079319641993","idStr":"3581079319641993"},"themes":[],"title":"","htmlText":"In the near term, business is not slowing down, good potential for higher growth","listText":"In the near term, business is not slowing down, good potential for higher growth","text":"In the near term, business is not slowing down, good potential for higher growth","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/837462103","repostId":"1120813722","repostType":4,"repost":{"id":"1120813722","kind":"news","pubTimestamp":1629878460,"share":"https://www.laohunote.com/m/news/1120813722?lang=zh_CN&edition=full","pubTime":"2021-08-25 16:01","market":"us","language":"en","title":"TSMC shares up on price increase; company declines to comment<blockquote>台积电股价因涨价而上涨；公司拒绝置评</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1120813722","media":"Focus Taiwan","summary":"Shares of Taiwan Semiconductor Manufacturing Co.  rose Wednesday morning after local media reported that the world's largest contract chipmaker will raise product prices due to a global supply shortage, dealers said.Asked for comment on the reports, TSMC said the company never responds to any speculation on product price adjustments.The stock got a boost soon after the market opened from the reports, which said earlier Wednesday that TSMC will raise prices across the board. The Chinese language ","content":"<p>Shares of Taiwan Semiconductor Manufacturing Co. (TSMC) rose Wednesday morning after local media reported that the world's largest contract chipmaker will raise product prices due to a global supply shortage, dealers said.</p><p><blockquote>经销商表示，当地媒体报道称，由于全球供应短缺，全球最大的合同芯片制造商台积电（TSMC）将提高产品价格，该公司股价周三上午上涨。</blockquote></p><p> Asked for comment on the reports, TSMC said the company never responds to any speculation on product price adjustments.</p><p><blockquote>当被问及对这些报道的评论时，台积电表示，该公司从不回应任何有关产品价格调整的猜测。</blockquote></p><p> TSMC&nbsp;shares&nbsp;surged&nbsp;5%&nbsp;in morning trading.</p><p><blockquote>台积电股价早盘飙升 5%。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/5a87d0c0ca0555ddf2e51957674e8c62\" tg-width=\"840\" tg-height=\"470\" width=\"100%\" height=\"auto\"></p><p><blockquote></blockquote></p><p> The stock got a boost soon after the market opened from the reports, which said earlier Wednesday that TSMC will raise prices across the board</p><p><blockquote>周三早些时候有报道称台积电将全面提价，开盘后该股不久便受到提振</blockquote></p><p> The Chinese language Commercial Times said TSMC's product price hike is expected to start from the first quarter of next year.</p><p><blockquote>中文《工商时报》称，台积电的产品涨价预计将从明年第一季度开始。</blockquote></p><p> It said prices for chips made using mature processes are expected to go up 15-20 percent and those for chips made from advanced processes are likely to rise by 10 percent.</p><p><blockquote>该公司表示，使用成熟工艺制造的芯片价格预计将上涨 15-20%，而采用先进工艺制造的芯片价格可能会上涨 10%。</blockquote></p><p> Citing anonymous industrial sources, the report said that with global demand for semiconductors on the rise despite the COVID-19 pandemic, a supply shortage could continue into 2023 or even 2024, clearing the way for TSMC's product price hike.</p><p><blockquote>该报告援引匿名行业消息人士的话称，尽管发生了 COVID-19 大流行，但随着全球对半导体的需求不断上升，供应短缺可能会持续到 2023 年甚至 2024 年，为台积电的产品涨价扫清了道路。</blockquote></p><p> The advanced processes referred to TSMC's processes of 12 nanometers and below, including the 5nm process, the most advanced of TSMC technologies in mass production.</p><p><blockquote>先进制程指台积电12奈米及以下制程，包括台积电量产技术中最先进的5奈米制程。</blockquote></p><p> The Economic Daily News reported that TSMC has informed IC design clients of the price hikes, which it said were scheduled to start in the fourth quarter of this year.</p><p><blockquote>《经济日报》报道称，台积电已通知IC设计客户涨价，称涨价计划于今年第四季度开始。</blockquote></p><p> The media outlet said prices of chips made using the 12nm or more advanced processes will rise by 10 percent, while prices for processes inferior to the 12nm technology will be raised by 20 percent.</p><p><blockquote>该媒体称，使用12纳米或更先进工艺制造的芯片价格将上涨10%，而低于12纳米技术的工艺价格将上涨20%。</blockquote></p><p> Before speculation emerged of TSMC's price hikes, United Microelectronics Corp. (UMC), a smaller contract chipmaker in Taiwan, was rumored earlier this month to be asking for 10 percent price increases, but UMC declined to comment on the speculation.</p><p><blockquote>在有关台积电提价的猜测出现之前，台湾一家规模较小的代工芯片制造商联华电子（UMC）本月早些时候有传言称要求提价10%，但联华电子拒绝对此猜测发表评论。</blockquote></p><p> It has also been reported that South Korea's Samsung Electronics Co. is planning to increase product prices for its contract chip production</p><p><blockquote>另据报道，韩国三星电子公司正计划提高其合同芯片生产的产品价格</blockquote></p><p></p>","source":"lsy1629877186447","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>TSMC shares up on price increase; company declines to comment<blockquote>台积电股价因涨价而上涨；公司拒绝置评</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\">\nTSMC shares up on price increase; company declines to comment<blockquote>台积电股价因涨价而上涨；公司拒绝置评</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Focus Taiwan</strong><span class=\"h-time small\">2021-08-25 16:01</span>\n</p>\n</h4>\n</header>\n<article>\n<p>Shares of Taiwan Semiconductor Manufacturing Co. (TSMC) rose Wednesday morning after local media reported that the world's largest contract chipmaker will raise product prices due to a global supply shortage, dealers said.</p><p><blockquote>经销商表示，当地媒体报道称，由于全球供应短缺，全球最大的合同芯片制造商台积电（TSMC）将提高产品价格，该公司股价周三上午上涨。</blockquote></p><p> Asked for comment on the reports, TSMC said the company never responds to any speculation on product price adjustments.</p><p><blockquote>当被问及对这些报道的评论时，台积电表示，该公司从不回应任何有关产品价格调整的猜测。</blockquote></p><p> TSMC&nbsp;shares&nbsp;surged&nbsp;5%&nbsp;in morning trading.</p><p><blockquote>台积电股价早盘飙升 5%。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/5a87d0c0ca0555ddf2e51957674e8c62\" tg-width=\"840\" tg-height=\"470\" width=\"100%\" height=\"auto\"></p><p><blockquote></blockquote></p><p> The stock got a boost soon after the market opened from the reports, which said earlier Wednesday that TSMC will raise prices across the board</p><p><blockquote>周三早些时候有报道称台积电将全面提价，开盘后该股不久便受到提振</blockquote></p><p> The Chinese language Commercial Times said TSMC's product price hike is expected to start from the first quarter of next year.</p><p><blockquote>中文《工商时报》称，台积电的产品涨价预计将从明年第一季度开始。</blockquote></p><p> It said prices for chips made using mature processes are expected to go up 15-20 percent and those for chips made from advanced processes are likely to rise by 10 percent.</p><p><blockquote>该公司表示，使用成熟工艺制造的芯片价格预计将上涨 15-20%，而采用先进工艺制造的芯片价格可能会上涨 10%。</blockquote></p><p> Citing anonymous industrial sources, the report said that with global demand for semiconductors on the rise despite the COVID-19 pandemic, a supply shortage could continue into 2023 or even 2024, clearing the way for TSMC's product price hike.</p><p><blockquote>该报告援引匿名行业消息人士的话称，尽管发生了 COVID-19 大流行，但随着全球对半导体的需求不断上升，供应短缺可能会持续到 2023 年甚至 2024 年，为台积电的产品涨价扫清了道路。</blockquote></p><p> The advanced processes referred to TSMC's processes of 12 nanometers and below, including the 5nm process, the most advanced of TSMC technologies in mass production.</p><p><blockquote>先进制程指台积电12奈米及以下制程，包括台积电量产技术中最先进的5奈米制程。</blockquote></p><p> The Economic Daily News reported that TSMC has informed IC design clients of the price hikes, which it said were scheduled to start in the fourth quarter of this year.</p><p><blockquote>《经济日报》报道称，台积电已通知IC设计客户涨价，称涨价计划于今年第四季度开始。</blockquote></p><p> The media outlet said prices of chips made using the 12nm or more advanced processes will rise by 10 percent, while prices for processes inferior to the 12nm technology will be raised by 20 percent.</p><p><blockquote>该媒体称，使用12纳米或更先进工艺制造的芯片价格将上涨10%，而低于12纳米技术的工艺价格将上涨20%。</blockquote></p><p> Before speculation emerged of TSMC's price hikes, United Microelectronics Corp. (UMC), a smaller contract chipmaker in Taiwan, was rumored earlier this month to be asking for 10 percent price increases, but UMC declined to comment on the speculation.</p><p><blockquote>在有关台积电提价的猜测出现之前，台湾一家规模较小的代工芯片制造商联华电子（UMC）本月早些时候有传言称要求提价10%，但联华电子拒绝对此猜测发表评论。</blockquote></p><p> It has also been reported that South Korea's Samsung Electronics Co. is planning to increase product prices for its contract chip production</p><p><blockquote>另据报道，韩国三星电子公司正计划提高其合同芯片生产的产品价格</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://focustaiwan.tw/business/202108250007\">Focus Taiwan</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":{"TSM":"台积电"},"source_url":"https://focustaiwan.tw/business/202108250007","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1120813722","content_text":"Shares of Taiwan Semiconductor Manufacturing Co. (TSMC) rose Wednesday morning after local media reported that the world's largest contract chipmaker will raise product prices due to a global supply shortage, dealers said.\nAsked for comment on the reports, TSMC said the company never responds to any speculation on product price adjustments.\nTSMC shares surged 5% in morning trading.\n\nThe stock got a boost soon after the market opened from the reports, which said earlier Wednesday that TSMC will raise prices across the board\nThe Chinese language Commercial Times said TSMC's product price hike is expected to start from the first quarter of next year.\nIt said prices for chips made using mature processes are expected to go up 15-20 percent and those for chips made from advanced processes are likely to rise by 10 percent.\nCiting anonymous industrial sources, the report said that with global demand for semiconductors on the rise despite the COVID-19 pandemic, a supply shortage could continue into 2023 or even 2024, clearing the way for TSMC's product price hike.\nThe advanced processes referred to TSMC's processes of 12 nanometers and below, including the 5nm process, the most advanced of TSMC technologies in mass production.\nThe Economic Daily News reported that TSMC has informed IC design clients of the price hikes, which it said were scheduled to start in the fourth quarter of this year.\nThe media outlet said prices of chips made using the 12nm or more advanced processes will rise by 10 percent, while prices for processes inferior to the 12nm technology will be raised by 20 percent.\nBefore speculation emerged of TSMC's price hikes, United Microelectronics Corp. (UMC), a smaller contract chipmaker in Taiwan, was rumored earlier this month to be asking for 10 percent price increases, but UMC declined to comment on the speculation.\nIt has also been reported that South Korea's Samsung Electronics Co. is planning to increase product prices for its contract chip production","news_type":1,"symbols_score_info":{"TSM":0.9}},"isVote":1,"tweetType":1,"viewCount":1472,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":192451684,"gmtCreate":1621224827048,"gmtModify":1631885080864,"author":{"id":"3581079319641993","authorId":"3581079319641993","name":"mummumtumtum","avatar":"https://static.tigerbbs.com/1314a5de0c397dde3e609fa1f0de4fba","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3581079319641993","idStr":"3581079319641993"},"themes":[],"title":"","htmlText":"Interesting, would definitely like to know why the favour of Disney over Netflix.","listText":"Interesting, would definitely like to know why the favour of Disney over Netflix.","text":"Interesting, would definitely like to know why the favour of Disney over Netflix.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/192451684","repostId":"1162647627","repostType":4,"repost":{"id":"1162647627","kind":"news","pubTimestamp":1621223326,"share":"https://www.laohunote.com/m/news/1162647627?lang=zh_CN&edition=full","pubTime":"2021-05-17 11:48","market":"us","language":"en","title":"Cathie Wood Buys $26M Disney Shares And Sells $13M In Netflix: What You Need To Know<blockquote>凯西·伍德 (Cathie Wood) 购买 2600 万美元的迪士尼股票并出售 1300 万美元的 Netflix：您需要了解什么</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1162647627","media":"benzinga","summary":"Cathie Wood-led Ark Investment Management on Friday bought 150,556 shares, worth about $26.15 million, in Walt Disney Co , marking its debut in the media and entertainment company as analysts pointed to benefits from the reopening of theme parks in 2021.Walt Disney World Resort hasannouncedthat visitors are no longer required to wear masks in most outdoor areas.The Disney shares were purchased for the ARK Next Generation Internet ETF . Shares of ARKW closed 4.14% higher at $128.60 on Friday.ARKW","content":"<p><div> Cathie Wood-led Ark Investment Management on Friday bought 150,556 shares, worth about $26.15 million, in Walt Disney Co , marking its debut in the media and entertainment company as analysts pointed ...</p><p><blockquote><div>分析师指出，凯西·伍德 (Cathie Wood) 领导的方舟投资管理公司 (Ark Investment Management) 周五购买了华特迪士尼公司 (Walt Disney Co) 的 150,556 股股票，价值约 2615 万美元，标志着该公司在这家媒体和娱乐公司的首次亮相……</div></blockquote></p><p>  <a href=\"https://www.benzinga.com/markets/penny-stocks/21/05/21144625/cathie-wood-buys-26m-disney-shares-and-sells-13m-in-netflix-what-you-need-to-know\">网页链接</a>  </div> </p><p><blockquote><a href=\"https://www.benzinga.com/markets/penny-stocks/21/05/21144625/cathie-wood-buys-26m-disney-shares-and-sells-13m-in-netflix-what-you-need-to-know\">网页连接</a></blockquote></p><p></p>","source":"lsy1606299360108","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Cathie Wood Buys $26M Disney Shares And Sells $13M In Netflix: What You Need To Know<blockquote>凯西·伍德 (Cathie Wood) 购买 2600 万美元的迪士尼股票并出售 1300 万美元的 Netflix：您需要了解什么</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 Buys $26M Disney Shares And Sells $13M In Netflix: What You Need To Know<blockquote>凯西·伍德 (Cathie Wood) 购买 2600 万美元的迪士尼股票并出售 1300 万美元的 Netflix：您需要了解什么</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">benzinga</strong><span class=\"h-time small\">2021-05-17 11:48</span>\n</p>\n</h4>\n</header>\n<article>\n<p><div> Cathie Wood-led Ark Investment Management on Friday bought 150,556 shares, worth about $26.15 million, in Walt Disney Co , marking its debut in the media and entertainment company as analysts pointed ...</p><p><blockquote><div>分析师指出，凯西·伍德 (Cathie Wood) 领导的方舟投资管理公司 (Ark Investment Management) 周五购买了华特迪士尼公司 (Walt Disney Co) 的 150,556 股股票，价值约 2615 万美元，标志着该公司在这家媒体和娱乐公司的首次亮相……</div></blockquote></p><p>  <a href=\"https://www.benzinga.com/markets/penny-stocks/21/05/21144625/cathie-wood-buys-26m-disney-shares-and-sells-13m-in-netflix-what-you-need-to-know\">网页链接</a>  </div> </p><p><blockquote><a href=\"https://www.benzinga.com/markets/penny-stocks/21/05/21144625/cathie-wood-buys-26m-disney-shares-and-sells-13m-in-netflix-what-you-need-to-know\">网页连接</a></blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.benzinga.com/markets/penny-stocks/21/05/21144625/cathie-wood-buys-26m-disney-shares-and-sells-13m-in-netflix-what-you-need-to-know\">benzinga</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NFLX":"奈飞","DIS":"迪士尼"},"source_url":"https://www.benzinga.com/markets/penny-stocks/21/05/21144625/cathie-wood-buys-26m-disney-shares-and-sells-13m-in-netflix-what-you-need-to-know","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1162647627","content_text":"Cathie Wood-led Ark Investment Management on Friday bought 150,556 shares, worth about $26.15 million, in Walt Disney Co , marking its debut in the media and entertainment company as analysts pointed to benefits from the reopening of theme parks in 2021.DIS shares fell 2.58% at $173.70 on Friday. The companyreportedfiscal second-quarter earnings after market hours on Thursday.Walt Disney World Resort hasannouncedthat visitors are no longer required to wear masks in most outdoor areas.The Disney shares were purchased for the ARK Next Generation Internet ETF . Shares of ARKW closed 4.14% higher at $128.60 on Friday.ARKW also sold 26,621 shares, worth about $13.1 million, in video streaming company Netflix Inc .Ark also holds 23,226 shares, worth about $11.3 million, in Netflix via its Ark Space Exploration & Innovation ETF .Disney andSony Group Corporation’s Sony Pictures Entertainment last month announced a multi-yearcontent licensing dealthat will give Disney U.S. streaming and television rights for “Spider-Man” and other upcoming Sony movies after their initial streaming on Netflix.Other Ark Buys On Friday:Uipath IncPATH 6.11%Twilio IncTWLO 6.43%Repare Therapeutics IncRPTX 3.82%Recursion Pharmaceuticals IncRXRX 0.57%908 Devices IncMASS 0.22%Signify Health IncSGFY 2.06%Ionis Pharmaceuticals IncIONS 2.33%Exact Sciences CorporationEXAS 3.29%CM Life Sciences II IncCMII 7.5%Berkeley Lights IncBLI 2.01%Codexis IncCDXS 3.98%Accolade IncACCD 10.1%Surface Oncology IncSURF 6.93%Zoom Video Communications IncZM 6.11%Unity Software IncU 8.07%TuSimple HoldingsTSP 5.87%Palantir TechnologiesPLTR 9.31%Pacific Biosciences of California IncPACB 5.65%Crispr Therapeutics AG (NASDAQ: CRSP)Coinbase Global IncCOIN 2.54%Kratos Defense & Security Solutions IncKTOS 1.92%Iridium Communications IncIRDM 1.97%Other Ark Sells On Friday:Yeahka LtdYHEKFMarketAxess Holdings IncMKTX 0.9%Nvdia CorpNVDA 4.23%Vertex Pharmaceuticals IncorporatedVRTX 1.28%Thermo Fisher Scientific IncTMO 0.42%Syros Pharmaceuticals IncSYRS 2.55%Sarepta Therapeutics IncSRPT 4.88%Roche Holding AgRHHBY 1.03%Pluristem Therapeutics IncPSTI 3.11%Phreesia IncPHR 4.96%Baidu IncBIDU 3.85%Organovo Holdings IncONVO 2.86%Lendingtree IncTREE 10.83%Synopsys IncSNPS 3.83%Regeneron Pharmaceuticals IncREGN 0.11%Paccar IncPCAR 0.46%HUYA IncHUYA 4.14%Tencent HoldingsTCEHY 3.64%Fastly IncFSLY 6.43%Crowdstrike Holdings IncCRWD 3.74%Workhorse Group IncWKHS 8.29%Virgin Galactic Holdings IncSPCE 4.26%Agora IncAPI 1.87%","news_type":1,"symbols_score_info":{"DIS":0.9,"NFLX":0.9}},"isVote":1,"tweetType":1,"viewCount":1197,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}