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Eded

Eded

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2021-12-15

How about dogecoin?

After Time, Financial Times Names Elon Musk 2021 Person Of The Year<blockquote>《金融时报》将埃隆·马斯克评为2021年度人物</blockquote>

2021-12-15

Actually how can SE able to push the market higher ? It is not component of any induce if not wrong

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2021-12-13

No matter what intel did , it is facing downward slide

抱歉，原内容已删除

2021-12-12

We can all come out with these 3 stocks too

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2021-12-09

How come end up only cruise stocks soar while airline stocks retreat

Airlines and cruise line stocks jumped in morning trading<blockquote>航空公司和邮轮公司股票早盘上涨</blockquote>

2021-12-08

Where is MasterCard ?

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2021-12-08

Elon musk ?

抱歉，原内容已删除

2021-12-07

Buy $AEM HOLDINGS LTD(AWX.SI)$as well

Semiconductor stocks rallied in premarket trading<blockquote>半导体股在盘前交易中上涨</blockquote>

2021-12-02

$Tiger Brokers(TIGR)$Come back again next feb during handover of ox year (futu) and into tiger year

2021-12-01

Let wait for 99 dollars

PayPal Stock: What Next for Shares After The Recent Sell-Off<blockquote>PayPal股票：近期抛售后股价下一步走势</blockquote>

2021-11-30

China and Hong Kong market are complete different trend now

China A50 Index fell 0.19% to 15447 at open and currently traded at 15,468.<blockquote>中国A50指数开盘跌0.19%，报15447，现报15468。</blockquote>

2021-11-30

$Micron Technology(MU)$Will omicron variant help its pal called micron ?

2021-11-29

Major Airline stocks should be able to recover faster and easier than cruise stocks

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2021-11-27

Ignorant article … followed the market trendto fall only

Why Tesla Stock Tumbled Today<blockquote>为什么特斯拉股价今天暴跌</blockquote>

2021-11-26

A good news … both companies work together

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2021-11-25

Fall in share price is nothing to do with the service disruption … just simply the share price is too high

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2021-11-25

Actually a great time to launch such index . All travel related stocks are at low price … good to push the index price higher

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2021-11-24

1.84 for 37 out of 1000…

抱歉，原内容已删除

2021-11-24

Qualcomm and intel should fall ?

Apple taps TSMC to build custom iPhone 5G modem in 2023<blockquote>苹果聘请台积电于2023年生产定制iPhone 5G调制解调器</blockquote>

2021-11-24

I can also predict 10k in a decade

The S&P 500 will cross 5,000 next year, says Jefferies<blockquote>杰富瑞表示，标普500明年将突破5,000点</blockquote>

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about dogecoin?","listText":"How about dogecoin?","text":"How about dogecoin?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/607495188","repostId":"1118737841","repostType":4,"repost":{"id":"1118737841","kind":"news","pubTimestamp":1639560827,"share":"https://www.laohu8.com/m/news/1118737841?lang=zh_CN&edition=full","pubTime":"2021-12-15 17:33","market":"us","language":"en","title":"After Time, Financial Times Names Elon Musk 2021 Person Of The Year<blockquote>《金融时报》将埃隆·马斯克评为2021年度人物</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1118737841","media":"Benzinga","summary":"Tesla Inc and SpaceX CEO ElonMuskhas been named the Person of the Year by The Financial Times, two d","content":"<p><div> Tesla Inc and SpaceX CEO ElonMuskhas been named the Person of the Year by The Financial Times, two days after Time magazine bestowed on him the same title. What Happened:FT editor Roula Khalaf ...</p><p><blockquote><div>特斯拉公司和SpaceX首席执行官埃隆·马斯克斯(ElonMuskhas)被英国《金融时报》评为年度人物，两天前《时代》杂志授予他同样的称号。发生了什么：英国《金融时报》编辑鲁拉·哈拉夫...</div></blockquote></p><p>  <a href=\"https://www.benzinga.com/news/21/12/24614397/after-time-financial-times-names-elon-musk-2021-person-of-the-year\">网页链接</a>  </div> </p><p><blockquote><a href=\"https://www.benzinga.com/news/21/12/24614397/after-time-financial-times-names-elon-musk-2021-person-of-the-year\">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>After Time, Financial Times Names Elon Musk 2021 Person Of The Year<blockquote>《金融时报》将埃隆·马斯克评为2021年度人物</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\">\nAfter Time, Financial Times Names Elon Musk 2021 Person Of The Year<blockquote>《金融时报》将埃隆·马斯克评为2021年度人物</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Benzinga</strong><span class=\"h-time small\">2021-12-15 17:33</span>\n</p>\n</h4>\n</header>\n<article>\n<p><div> Tesla Inc and SpaceX CEO ElonMuskhas been named the Person of the Year by The Financial Times, two days after Time magazine bestowed on him the same title. What Happened:FT editor Roula Khalaf ...</p><p><blockquote><div>特斯拉公司和SpaceX首席执行官埃隆·马斯克斯(ElonMuskhas)被英国《金融时报》评为年度人物，两天前《时代》杂志授予他同样的称号。发生了什么：英国《金融时报》编辑鲁拉·哈拉夫...</div></blockquote></p><p>  <a href=\"https://www.benzinga.com/news/21/12/24614397/after-time-financial-times-names-elon-musk-2021-person-of-the-year\">网页链接</a>  </div> </p><p><blockquote><a href=\"https://www.benzinga.com/news/21/12/24614397/after-time-financial-times-names-elon-musk-2021-person-of-the-year\">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/news/21/12/24614397/after-time-financial-times-names-elon-musk-2021-person-of-the-year\">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":{"TSLA":"特斯拉"},"source_url":"https://www.benzinga.com/news/21/12/24614397/after-time-financial-times-names-elon-musk-2021-person-of-the-year","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1118737841","content_text":"Tesla Inc and SpaceX CEO ElonMuskhas been named the Person of the Year by The Financial Times, two days after Time magazine bestowed on him the same title.\nWhat Happened:FT editor Roula Khalaf saidMusk has revolutionized an industry that was skeptical about Tesla’s electric vehicles and he is starting to do the same thing in space exploration.\nKhalaf said Musk is a “standout figure” amid a lineup of public figures. “For all the eccentric and provocative tweets that strike some as childish, he is one of the most transformational business figures of the era,” Khalaf wrote, explaining why Musk was chosen the Person of the Year for 2021.\nKhalaf said the global auto industry is now unveiling a series of new multibillion-dollar investments to switch to electric vehicles, partly due to government and consumer pressure, but most importantly because they are all trying to catch up with Tesla.\nKhalaf added that Tesla has risen despite years of doubts from rivals and predictions of imminent collapse.\nWhy It Matters:The two back-to-back recognitions for Musk come amid Tesla stock joining the $1 trillion market cap after shares rose on the back of record third-quarter deliveries and a large order from a rental company.\nMusk-owned SpaceX has made new inroads including flying an all-civilian crew to space for three days and successfully ferrying astronauts to the International Space Station and back.\nMusk, who dreams of colonizing Mars, has also been developing a reusable rocket that he says could deliver 1,000 times more payload than all rockets on earth combined.\nPrice Action:Tesla shares are up 31.3% so far this year. The stock closed 0.82% lower at $958.51 a share on Tuesday.","news_type":1,"symbols_score_info":{"TSLA":0.9}},"isVote":1,"tweetType":1,"viewCount":2735,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":607492132,"gmtCreate":1639575649117,"gmtModify":1639575667192,"author":{"id":"3581980965309451","authorId":"3581980965309451","name":"Eded","avatar":"https://static.tigerbbs.com/41a629a3014601072ee8dc2d151d1796","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3581980965309451","idStr":"3581980965309451"},"themes":[],"htmlText":"Actually how can SE able to push the market higher ? It is not component of any induce if not wrong&nbsp;","listText":"Actually how can SE able to push the market higher ? It is not component of any induce if not wrong&nbsp;","text":"Actually how can SE able to push the market higher ? It is not component of any induce if not wrong","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/607492132","repostId":"2191967036","repostType":4,"isVote":1,"tweetType":1,"viewCount":2640,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":604231432,"gmtCreate":1639400030949,"gmtModify":1639400033625,"author":{"id":"3581980965309451","authorId":"3581980965309451","name":"Eded","avatar":"https://static.tigerbbs.com/41a629a3014601072ee8dc2d151d1796","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3581980965309451","idStr":"3581980965309451"},"themes":[],"htmlText":"No matter what intel did , it is facing downward slide&nbsp;","listText":"No matter what intel did , it is facing downward slide&nbsp;","text":"No matter what intel did , it is facing downward slide","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/604231432","repostId":"1135293840","repostType":4,"isVote":1,"tweetType":1,"viewCount":2927,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":604933143,"gmtCreate":1639301196117,"gmtModify":1639301196779,"author":{"id":"3581980965309451","authorId":"3581980965309451","name":"Eded","avatar":"https://static.tigerbbs.com/41a629a3014601072ee8dc2d151d1796","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3581980965309451","idStr":"3581980965309451"},"themes":[],"htmlText":"We can all come out with these 3 stocks too","listText":"We can all come out with these 3 stocks too","text":"We can all come out with these 3 stocks too","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/604933143","repostId":"2190992671","repostType":4,"isVote":1,"tweetType":1,"viewCount":2694,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":602210643,"gmtCreate":1639024713598,"gmtModify":1639024714137,"author":{"id":"3581980965309451","authorId":"3581980965309451","name":"Eded","avatar":"https://static.tigerbbs.com/41a629a3014601072ee8dc2d151d1796","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3581980965309451","idStr":"3581980965309451"},"themes":[],"htmlText":"How come end up only cruise stocks soar while airline stocks retreat&nbsp;","listText":"How come end up only cruise stocks soar while airline stocks retreat&nbsp;","text":"How come end up only cruise stocks soar while airline stocks retreat","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/602210643","repostId":"1100353648","repostType":4,"repost":{"id":"1100353648","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":1638975407,"share":"https://www.laohu8.com/m/news/1100353648?lang=zh_CN&edition=full","pubTime":"2021-12-08 22:56","market":"us","language":"en","title":"Airlines and cruise line stocks jumped in morning trading<blockquote>航空公司和邮轮公司股票早盘上涨</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1100353648","media":"Tiger Newspress","summary":"Airlines and cruise line stocks jumped in morning trading.","content":"<p>Airlines and cruise line stocks jumped in morning trading.</p><p><blockquote>航空公司和邮轮公司股票在早盘交易中上涨。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/994b55083be6d042bbbfb1c0599d47cd\" tg-width=\"407\" tg-height=\"483\" referrerpolicy=\"no-referrer\"><img src=\"https://static.tigerbbs.com/0947f84e60588e489e2e964fe5a018dc\" tg-width=\"405\" tg-height=\"189\" 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>Airlines and cruise line stocks jumped in morning trading<blockquote>航空公司和邮轮公司股票早盘上涨</blockquote></title>\n<style 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}\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\">\nAirlines and cruise line stocks jumped in morning trading<blockquote>航空公司和邮轮公司股票早盘上涨</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\">2021-12-08 22:56</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>Airlines and cruise line stocks jumped in morning trading.</p><p><blockquote>航空公司和邮轮公司股票在早盘交易中上涨。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/994b55083be6d042bbbfb1c0599d47cd\" tg-width=\"407\" tg-height=\"483\" referrerpolicy=\"no-referrer\"><img src=\"https://static.tigerbbs.com/0947f84e60588e489e2e964fe5a018dc\" tg-width=\"405\" tg-height=\"189\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"RCL":"皇家加勒比邮轮","CCL":"嘉年华邮轮","LUV":"西南航空","BA":"波音","JBLU":"捷蓝航空","DAL":"达美航空","UAL":"联合大陆航空","AAL":"美国航空","NCLH":"挪威邮轮","SAVE":"Spirit Airlines"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1100353648","content_text":"Airlines and cruise line stocks jumped in morning trading.","news_type":1,"symbols_score_info":{"AAL":0.9,"RCL":0.9,"UAL":0.9,"SAVE":0.9,"CCL":0.9,"DAL":0.9,"LUV":0.9,"BA":0.9,"NCLH":0.9,"JBLU":0.9}},"isVote":1,"tweetType":1,"viewCount":2541,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":602921472,"gmtCreate":1638960438696,"gmtModify":1638960439335,"author":{"id":"3581980965309451","authorId":"3581980965309451","name":"Eded","avatar":"https://static.tigerbbs.com/41a629a3014601072ee8dc2d151d1796","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3581980965309451","idStr":"3581980965309451"},"themes":[],"htmlText":"Where is MasterCard ?","listText":"Where is MasterCard ?","text":"Where is MasterCard ?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/602921472","repostId":"1109277422","repostType":4,"isVote":1,"tweetType":1,"viewCount":2110,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":602921927,"gmtCreate":1638960358163,"gmtModify":1638960358706,"author":{"id":"3581980965309451","authorId":"3581980965309451","name":"Eded","avatar":"https://static.tigerbbs.com/41a629a3014601072ee8dc2d151d1796","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3581980965309451","idStr":"3581980965309451"},"themes":[],"htmlText":"Elon musk ?","listText":"Elon musk ?","text":"Elon musk ?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/602921927","repostId":"2189663667","repostType":4,"isVote":1,"tweetType":1,"viewCount":2455,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":606285219,"gmtCreate":1638885852893,"gmtModify":1638885853483,"author":{"id":"3581980965309451","authorId":"3581980965309451","name":"Eded","avatar":"https://static.tigerbbs.com/41a629a3014601072ee8dc2d151d1796","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3581980965309451","idStr":"3581980965309451"},"themes":[],"htmlText":"Buy <a href=\"https://laohu8.com/S/AWX.SI\">$AEM HOLDINGS LTD(AWX.SI)$</a>as well","listText":"Buy <a href=\"https://laohu8.com/S/AWX.SI\">$AEM HOLDINGS LTD(AWX.SI)$</a>as well","text":"Buy $AEM HOLDINGS LTD(AWX.SI)$as well","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/606285219","repostId":"1159500291","repostType":4,"repost":{"id":"1159500291","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":1638870599,"share":"https://www.laohu8.com/m/news/1159500291?lang=zh_CN&edition=full","pubTime":"2021-12-07 17:49","market":"us","language":"en","title":"Semiconductor stocks rallied in premarket trading<blockquote>半导体股在盘前交易中上涨</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1159500291","media":"Tiger Newspress","summary":"Semiconductor stocks rallied in premarket trading.Intel,Nvidia,TSMC,ASML,Lam Research,Micron,Qualcomm&nbsp;and AMD rose between 1% and 9%.","content":"<p>Semiconductor stocks rallied in premarket trading.Intel,Nvidia,TSMC,ASML,Lam Research,Micron,Qualcomm&nbsp;and AMD rose between 1% and 9%.</p><p><blockquote>半导体股在盘前交易中上涨。英特尔、英伟达、台积电、ASML、泛林研究、美光、高通和AMD涨幅在1%至9%之间。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/9f7ab8305fbc9d01e47dd65a194f6f9c\" tg-width=\"406\" tg-height=\"724\" 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>Semiconductor stocks rallied in premarket trading<blockquote>半导体股在盘前交易中上涨</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSemiconductor stocks rallied in premarket trading<blockquote>半导体股在盘前交易中上涨</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\">2021-12-07 17:49</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>Semiconductor stocks rallied in premarket trading.Intel,Nvidia,TSMC,ASML,Lam Research,Micron,Qualcomm&nbsp;and AMD rose between 1% and 9%.</p><p><blockquote>半导体股在盘前交易中上涨。英特尔、英伟达、台积电、ASML、泛林研究、美光、高通和AMD涨幅在1%至9%之间。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/9f7ab8305fbc9d01e47dd65a194f6f9c\" tg-width=\"406\" tg-height=\"724\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"ASML":"阿斯麦","NVDA":"英伟达","QCOM":"高通","TSM":"台积电","STM":"意法半导体","INTC":"英特尔","AMD":"美国超微公司","LRCX":"拉姆研究","NXPI":"恩智浦","MRVL":"迈威尔科技","MU":"美光科技"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1159500291","content_text":"Semiconductor stocks rallied in premarket trading.Intel,Nvidia,TSMC,ASML,Lam Research,Micron,Qualcomm and AMD rose between 1% and 9%.","news_type":1,"symbols_score_info":{"ASML":0.9,"STM":0.9,"MRVL":0.9,"AMD":0.9,"MU":0.9,"LRCX":0.9,"INTC":0.9,"QCOM":0.9,"XLNX":0.9,"TSM":0.9,"NVDA":0.9,"NXPI":0.9}},"isVote":1,"tweetType":1,"viewCount":2341,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":603801258,"gmtCreate":1638387735387,"gmtModify":1638389025267,"author":{"id":"3581980965309451","authorId":"3581980965309451","name":"Eded","avatar":"https://static.tigerbbs.com/41a629a3014601072ee8dc2d151d1796","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3581980965309451","idStr":"3581980965309451"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/TIGR\">$Tiger Brokers(TIGR)$</a>Come back again next feb&nbsp;during handover of ox year (futu)&nbsp;and into tiger year&nbsp;","listText":"<a href=\"https://laohu8.com/S/TIGR\">$Tiger Brokers(TIGR)$</a>Come back again next feb&nbsp;during handover of ox year (futu)&nbsp;and into tiger year&nbsp;","text":"$Tiger Brokers(TIGR)$Come back again next feb during handover of ox year (futu) and into tiger year","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/603801258","isVote":1,"tweetType":1,"viewCount":3633,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":603068625,"gmtCreate":1638340865836,"gmtModify":1638340866136,"author":{"id":"3581980965309451","authorId":"3581980965309451","name":"Eded","avatar":"https://static.tigerbbs.com/41a629a3014601072ee8dc2d151d1796","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3581980965309451","idStr":"3581980965309451"},"themes":[],"htmlText":"Let wait for 99 dollars&nbsp;","listText":"Let wait for 99 dollars&nbsp;","text":"Let wait for 99 dollars","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/603068625","repostId":"1141414634","repostType":4,"repost":{"id":"1141414634","kind":"news","pubTimestamp":1638327995,"share":"https://www.laohu8.com/m/news/1141414634?lang=zh_CN&edition=full","pubTime":"2021-12-01 11:06","market":"us","language":"en","title":"PayPal Stock: What Next for Shares After The Recent Sell-Off<blockquote>PayPal股票：近期抛售后股价下一步走势</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1141414634","media":"TheStreet","summary":"Payment stocks have fallen out of favor, and PayPal stock is no exception. Since mid-October, the fi","content":"<p>Payment stocks have fallen out of favor, and PayPal&nbsp;stock is no exception. Since mid-October, the fintech giant’s shares have plunged nearly 30%, from around $270 per share to around $190 per share.</p><p><blockquote>支付股失宠，PayPal股票也不例外。自10月中旬以来，这家金融科技巨头的股价已暴跌近30%，从每股270美元左右跌至每股190美元左右。</blockquote></p><p> Why has sentiment shifted so much for PayPal shares? Blame a variety of reasons. But what’s more important is whether this reaction is justified. Or, if investors have overreacted to what amounts to near-term hiccups.</p><p><blockquote>为什么PayPal股票的情绪变化如此之大？归咎于各种原因。但更重要的是，这种反应是否正当。或者，如果投资者对近期的问题反应过度。</blockquote></p><p> Figuring out which view is correct will determine whether this is a “buy the dip” opportunity or a warning sign to stay away. Let’s dive in, and explore both arguments.</p><p><blockquote>弄清楚哪种观点是正确的，将决定这是一个“逢低买入”的机会还是一个远离的警告信号。让我们深入探讨这两个论点。</blockquote></p><p> 3 reasons why investors are hitting the ‘sell’ button on PYPL stock</p><p><blockquote>投资者按下PYPL股票“卖出”按钮的3个原因</blockquote></p><p> There are a few reasons why sentiment has gone from positive to negative with PayPal shares. First is the fact payment stocks in general have struggled lately, due mostly to&nbsp;renewed COVID-19 fears.</p><p><blockquote>PayPal股票的情绪从积极转为消极有几个原因。首先，支付股最近普遍表现不佳，主要是由于对COVID-19的担忧重新燃起。</blockquote></p><p> Second is uncertainty over the company’s&nbsp;merger and acquisition (M&amp;A) plans, on the heels of Square’s (SQ)purchase of Australia-based Afterpay in a $29 billion transaction.</p><p><blockquote>其次是该公司并购(M&amp;A)计划的不确定性，此前Square(SQ)以290亿美元的交易收购了澳大利亚Afterpay。</blockquote></p><p> Third, PYPL stock has suffered due to the company’s underwhelming guidance update released in early November. In response to management projecting slower-than-expected sales growth in the near-term, the sell-side community&nbsp;slashed price targets&nbsp;for the stock.</p><p><blockquote>第三，由于该公司11月初发布的指引更新表现不佳，PYPL股票受到了影响。作为对管理层预计近期销售增长慢于预期的回应，卖方社区大幅下调了该股的价格目标。</blockquote></p><p> Time to buy or time to sell?</p><p><blockquote>该买还是该卖？</blockquote></p><p> It’s clear exactly why investors have bailed out of PayPal stock. What remains unclear? Whether it’s a sign to buy, or a sign to sell.</p><p><blockquote>投资者抛售PayPal股票的原因很清楚。还有什么不清楚的？无论是买入的信号，还是卖出的信号。</blockquote></p><p> To some, making a new 52-week low is a sign of a buying opportunity, ahead of it bouncing back as it comes back into favor. If COVID-19 fears (latest variant notwithstanding) clear up again, and consumer spending remains strong, sentiment for payment stocks could improve.</p><p><blockquote>对一些人来说，创下52周新低是买入机会的迹象，在它重新受到青睐后反弹之前。如果对COVID-19的担忧（尽管是最新的变体）再次消失，并且消费者支出仍然强劲，那么支付股票的情绪可能会改善。</blockquote></p><p> To others, it’s not so much a “buy the dip” as it is a “catch a falling knife” situation. That is, even if the situation with payments stocks improves, other concerns could weigh on it. For example, valuation. Forward P/E ratio (40.7x) is a bit high, relative to 18.9% earnings growth in 2021, and 15.2% earnings growth in 2022 (per analyst consensus).</p><p><blockquote>对其他人来说，这与其说是“逢低买入”，不如说是“接住掉落的刀”。也就是说，即使支付股的状况有所改善，其他担忧也可能会对其造成压力。比如估值。相对于2021年18.9%的盈利增长和2022年15.2%的盈利增长（根据分析师共识），远期市盈率（40.7倍）有点高。</blockquote></p><p> Bottom line on PayPal</p><p><blockquote>PayPal的底线</blockquote></p><p> The decision to buy or sell PayPal after its recent drop is not an easy one. There’s merit to the argument that shares are oversold, and that today’s concerns about Covid, the overall economy, and PayPal’s slowing rate of growth are overblown.</p><p><blockquote>在PayPal最近下跌后，做出买入或卖出的决定并不容易。股票超卖的论点是有道理的，而且今天对新冠疫情、整体经济和PayPal增长率放缓的担忧被夸大了。</blockquote></p><p> There’s also merit to the argument that PYPL stock is still pricey. More indication that it will grow its sales/earnings at a slower rate than previously anticipated could result in further multiple compression.</p><p><blockquote>PYPL股票仍然昂贵的论点也有道理。更多迹象表明其销售额/盈利增长速度将低于之前预期，这可能会导致进一步的倍数压缩。</blockquote></p><p> Investors bullish that payment stocks will come back into favor and that growth stocks will remain strong may want to buy. But investors more conscious about valuation, or who are bearish about the market’s next step, may want to wait until PYPL shows signs of bottoming out.</p><p><blockquote>看好支付股将重新受到青睐、成长股将保持强劲的投资者可能会想要买入。但更注重估值的投资者，或者对市场下一步走势持悲观态度的投资者，可能希望等到PYPL出现触底迹象。</blockquote></p><p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>PayPal Stock: What Next for Shares After The Recent Sell-Off<blockquote>PayPal股票：近期抛售后股价下一步走势</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\">\nPayPal Stock: What Next for Shares After The Recent Sell-Off<blockquote>PayPal股票：近期抛售后股价下一步走势</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">TheStreet</strong><span class=\"h-time small\">2021-12-01 11:06</span>\n</p>\n</h4>\n</header>\n<article>\n<p>Payment stocks have fallen out of favor, and PayPal&nbsp;stock is no exception. Since mid-October, the fintech giant’s shares have plunged nearly 30%, from around $270 per share to around $190 per share.</p><p><blockquote>支付股失宠，PayPal股票也不例外。自10月中旬以来，这家金融科技巨头的股价已暴跌近30%，从每股270美元左右跌至每股190美元左右。</blockquote></p><p> Why has sentiment shifted so much for PayPal shares? Blame a variety of reasons. But what’s more important is whether this reaction is justified. Or, if investors have overreacted to what amounts to near-term hiccups.</p><p><blockquote>为什么PayPal股票的情绪变化如此之大？归咎于各种原因。但更重要的是，这种反应是否正当。或者，如果投资者对近期的问题反应过度。</blockquote></p><p> Figuring out which view is correct will determine whether this is a “buy the dip” opportunity or a warning sign to stay away. Let’s dive in, and explore both arguments.</p><p><blockquote>弄清楚哪种观点是正确的，将决定这是一个“逢低买入”的机会还是一个远离的警告信号。让我们深入探讨这两个论点。</blockquote></p><p> 3 reasons why investors are hitting the ‘sell’ button on PYPL stock</p><p><blockquote>投资者按下PYPL股票“卖出”按钮的3个原因</blockquote></p><p> There are a few reasons why sentiment has gone from positive to negative with PayPal shares. First is the fact payment stocks in general have struggled lately, due mostly to&nbsp;renewed COVID-19 fears.</p><p><blockquote>PayPal股票的情绪从积极转为消极有几个原因。首先，支付股最近普遍表现不佳，主要是由于对COVID-19的担忧重新燃起。</blockquote></p><p> Second is uncertainty over the company’s&nbsp;merger and acquisition (M&amp;A) plans, on the heels of Square’s (SQ)purchase of Australia-based Afterpay in a $29 billion transaction.</p><p><blockquote>其次是该公司并购(M&amp;A)计划的不确定性，此前Square(SQ)以290亿美元的交易收购了澳大利亚Afterpay。</blockquote></p><p> Third, PYPL stock has suffered due to the company’s underwhelming guidance update released in early November. In response to management projecting slower-than-expected sales growth in the near-term, the sell-side community&nbsp;slashed price targets&nbsp;for the stock.</p><p><blockquote>第三，由于该公司11月初发布的指引更新表现不佳，PYPL股票受到了影响。作为对管理层预计近期销售增长慢于预期的回应，卖方社区大幅下调了该股的价格目标。</blockquote></p><p> Time to buy or time to sell?</p><p><blockquote>该买还是该卖？</blockquote></p><p> It’s clear exactly why investors have bailed out of PayPal stock. What remains unclear? Whether it’s a sign to buy, or a sign to sell.</p><p><blockquote>投资者抛售PayPal股票的原因很清楚。还有什么不清楚的？无论是买入的信号，还是卖出的信号。</blockquote></p><p> To some, making a new 52-week low is a sign of a buying opportunity, ahead of it bouncing back as it comes back into favor. If COVID-19 fears (latest variant notwithstanding) clear up again, and consumer spending remains strong, sentiment for payment stocks could improve.</p><p><blockquote>对一些人来说，创下52周新低是买入机会的迹象，在它重新受到青睐后反弹之前。如果对COVID-19的担忧（尽管是最新的变体）再次消失，并且消费者支出仍然强劲，那么支付股票的情绪可能会改善。</blockquote></p><p> To others, it’s not so much a “buy the dip” as it is a “catch a falling knife” situation. That is, even if the situation with payments stocks improves, other concerns could weigh on it. For example, valuation. Forward P/E ratio (40.7x) is a bit high, relative to 18.9% earnings growth in 2021, and 15.2% earnings growth in 2022 (per analyst consensus).</p><p><blockquote>对其他人来说，这与其说是“逢低买入”，不如说是“接住掉落的刀”。也就是说，即使支付股的状况有所改善，其他担忧也可能会对其造成压力。比如估值。相对于2021年18.9%的盈利增长和2022年15.2%的盈利增长（根据分析师共识），远期市盈率（40.7倍）有点高。</blockquote></p><p> Bottom line on PayPal</p><p><blockquote>PayPal的底线</blockquote></p><p> The decision to buy or sell PayPal after its recent drop is not an easy one. There’s merit to the argument that shares are oversold, and that today’s concerns about Covid, the overall economy, and PayPal’s slowing rate of growth are overblown.</p><p><blockquote>在PayPal最近下跌后，做出买入或卖出的决定并不容易。股票超卖的论点是有道理的，而且今天对新冠疫情、整体经济和PayPal增长率放缓的担忧被夸大了。</blockquote></p><p> There’s also merit to the argument that PYPL stock is still pricey. More indication that it will grow its sales/earnings at a slower rate than previously anticipated could result in further multiple compression.</p><p><blockquote>PYPL股票仍然昂贵的论点也有道理。更多迹象表明其销售额/盈利增长速度将低于之前预期，这可能会导致进一步的倍数压缩。</blockquote></p><p> Investors bullish that payment stocks will come back into favor and that growth stocks will remain strong may want to buy. But investors more conscious about valuation, or who are bearish about the market’s next step, may want to wait until PYPL shows signs of bottoming out.</p><p><blockquote>看好支付股将重新受到青睐、成长股将保持强劲的投资者可能会想要买入。但更注重估值的投资者，或者对市场下一步走势持悲观态度的投资者，可能希望等到PYPL出现触底迹象。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.thestreet.com/memestocks/reddit-trends/paypal-stock-what-next-for-shares-after-the-recent-sell-off\">TheStreet</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":{"PYPL":"PayPal"},"source_url":"https://www.thestreet.com/memestocks/reddit-trends/paypal-stock-what-next-for-shares-after-the-recent-sell-off","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1141414634","content_text":"Payment stocks have fallen out of favor, and PayPal stock is no exception. Since mid-October, the fintech giant’s shares have plunged nearly 30%, from around $270 per share to around $190 per share.\nWhy has sentiment shifted so much for PayPal shares? Blame a variety of reasons. But what’s more important is whether this reaction is justified. Or, if investors have overreacted to what amounts to near-term hiccups.\nFiguring out which view is correct will determine whether this is a “buy the dip” opportunity or a warning sign to stay away. Let’s dive in, and explore both arguments.\n3 reasons why investors are hitting the ‘sell’ button on PYPL stock\nThere are a few reasons why sentiment has gone from positive to negative with PayPal shares. First is the fact payment stocks in general have struggled lately, due mostly to renewed COVID-19 fears.\nSecond is uncertainty over the company’s merger and acquisition (M&A) plans, on the heels of Square’s (SQ)purchase of Australia-based Afterpay in a $29 billion transaction.\nThird, PYPL stock has suffered due to the company’s underwhelming guidance update released in early November. In response to management projecting slower-than-expected sales growth in the near-term, the sell-side community slashed price targets for the stock.\nTime to buy or time to sell?\nIt’s clear exactly why investors have bailed out of PayPal stock. What remains unclear? Whether it’s a sign to buy, or a sign to sell.\nTo some, making a new 52-week low is a sign of a buying opportunity, ahead of it bouncing back as it comes back into favor. If COVID-19 fears (latest variant notwithstanding) clear up again, and consumer spending remains strong, sentiment for payment stocks could improve.\nTo others, it’s not so much a “buy the dip” as it is a “catch a falling knife” situation. That is, even if the situation with payments stocks improves, other concerns could weigh on it. For example, valuation. Forward P/E ratio (40.7x) is a bit high, relative to 18.9% earnings growth in 2021, and 15.2% earnings growth in 2022 (per analyst consensus).\nBottom line on PayPal\nThe decision to buy or sell PayPal after its recent drop is not an easy one. There’s merit to the argument that shares are oversold, and that today’s concerns about Covid, the overall economy, and PayPal’s slowing rate of growth are overblown.\nThere’s also merit to the argument that PYPL stock is still pricey. More indication that it will grow its sales/earnings at a slower rate than previously anticipated could result in further multiple compression.\nInvestors bullish that payment stocks will come back into favor and that growth stocks will remain strong may want to buy. But investors more conscious about valuation, or who are bearish about the market’s next step, may want to wait until PYPL shows signs of bottoming out.","news_type":1,"symbols_score_info":{"PYPL":0.9}},"isVote":1,"tweetType":1,"viewCount":2535,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":609110930,"gmtCreate":1638250455033,"gmtModify":1638250503577,"author":{"id":"3581980965309451","authorId":"3581980965309451","name":"Eded","avatar":"https://static.tigerbbs.com/41a629a3014601072ee8dc2d151d1796","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3581980965309451","idStr":"3581980965309451"},"themes":[],"htmlText":"China and Hong Kong market are complete different trend now&nbsp;","listText":"China and Hong Kong market are complete different trend now&nbsp;","text":"China and Hong Kong market are complete different trend now","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/609110930","repostId":"1134937007","repostType":4,"repost":{"id":"1134937007","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":1638234000,"share":"https://www.laohu8.com/m/news/1134937007?lang=zh_CN&edition=full","pubTime":"2021-11-30 09:00","market":"sh","language":"en","title":"China A50 Index fell 0.19% to 15447 at open and currently traded at 15,468.<blockquote>中国A50指数开盘跌0.19%，报15447，现报15468。</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1134937007","media":"Tiger Newspress","summary":"China A50 Index fell 0.19% to 15447 at open and currently traded at 15,468.","content":"<p>China&nbsp;A50 Index&nbsp;fell&nbsp;0.19%&nbsp;to&nbsp;15447&nbsp;at&nbsp;open&nbsp;and currently traded at 15,468.</p><p><blockquote>中国A 50指数开盘下跌0.19%，至15447点，目前交易价格为15468点。</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>China A50 Index fell 0.19% to 15447 at open and currently traded at 15,468.<blockquote>中国A50指数开盘跌0.19%，报15447，现报15468。</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\">\nChina A50 Index fell 0.19% to 15447 at open and currently traded at 15,468.<blockquote>中国A50指数开盘跌0.19%，报15447，现报15468。</blockquote>\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time smaller\">2021-11-30 09:00</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>China&nbsp;A50 Index&nbsp;fell&nbsp;0.19%&nbsp;to&nbsp;15447&nbsp;at&nbsp;open&nbsp;and currently traded at 15,468.</p><p><blockquote>中国A 50指数开盘下跌0.19%，至15447点，目前交易价格为15468点。</blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1134937007","content_text":"China A50 Index fell 0.19% to 15447 at open and currently traded at 15,468.","news_type":1,"symbols_score_info":{"CNmain":0.9}},"isVote":1,"tweetType":1,"viewCount":905,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":609316491,"gmtCreate":1638238449894,"gmtModify":1638238450150,"author":{"id":"3581980965309451","authorId":"3581980965309451","name":"Eded","avatar":"https://static.tigerbbs.com/41a629a3014601072ee8dc2d151d1796","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3581980965309451","idStr":"3581980965309451"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/MU\">$Micron Technology(MU)$</a>Will omicron variant help its pal called micron ?&nbsp;","listText":"<a href=\"https://laohu8.com/S/MU\">$Micron Technology(MU)$</a>Will omicron variant help its pal called micron ?&nbsp;","text":"$Micron Technology(MU)$Will omicron variant help its pal called micron ?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/609316491","isVote":1,"tweetType":1,"viewCount":1141,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":600596678,"gmtCreate":1638168722727,"gmtModify":1638168722982,"author":{"id":"3581980965309451","authorId":"3581980965309451","name":"Eded","avatar":"https://static.tigerbbs.com/41a629a3014601072ee8dc2d151d1796","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3581980965309451","idStr":"3581980965309451"},"themes":[],"htmlText":"Major&nbsp;Airline stocks should be able to recover faster and easier than cruise stocks&nbsp;","listText":"Major&nbsp;Airline stocks should be able to recover faster and easier than cruise stocks&nbsp;","text":"Major Airline stocks should be able to recover faster and easier than cruise stocks","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/600596678","repostId":"1117801086","repostType":4,"isVote":1,"tweetType":1,"viewCount":1122,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":877481990,"gmtCreate":1637972315020,"gmtModify":1637979361495,"author":{"id":"3581980965309451","authorId":"3581980965309451","name":"Eded","avatar":"https://static.tigerbbs.com/41a629a3014601072ee8dc2d151d1796","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3581980965309451","idStr":"3581980965309451"},"themes":[],"htmlText":"Ignorant article … followed the market trendto fall only&nbsp;","listText":"Ignorant article … followed the market trendto fall only&nbsp;","text":"Ignorant article … followed the market trendto fall only","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/877481990","repostId":"1100657085","repostType":4,"repost":{"id":"1100657085","kind":"news","pubTimestamp":1637971854,"share":"https://www.laohu8.com/m/news/1100657085?lang=zh_CN&edition=full","pubTime":"2021-11-27 08:10","market":"us","language":"en","title":"Why Tesla Stock Tumbled Today<blockquote>为什么特斯拉股价今天暴跌</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1100657085","media":"Motley Fool","summary":"What happened\nGood news for Tesla(NASDAQ:TSLA)investors! Demand forelectric vehiclesin China is appa","content":"<p>What happened</p><p><blockquote>发生了什么</blockquote></p><p> Good news for&nbsp;<b>Tesla</b>(NASDAQ:TSLA)investors! Demand forelectric vehiclesin China is apparently so strong that Tesla has decided to invest $188 million to expand production capacity at its Shanghai factory. It's so high that Tesla is putting 4,000 more people on the payroll at the site, as Reuters reported Friday morning.</p><p><blockquote>好消息<b>特斯拉</b>（纳斯达克：TSLA）投资者！中国对电动汽车的需求显然如此强劲，以至于特斯拉决定投资1.88亿美元扩大其上海工厂的产能。据路透社周五上午报道，这一数字如此之高，以至于特斯拉在该工厂增加了4,000名员工。</blockquote></p><p> So why was Tesla stock trading down by 2% as of 11:37 a.m. ET Friday?</p><p><blockquote>那么，为什么截至美国东部时间周五上午11:37，特斯拉股价下跌2%呢？</blockquote></p><p> So what</p><p><blockquote>那又怎样</blockquote></p><p> On the one hand, this sure sounds like upbeat news. Tesla initially wanted its Shanghai factory to produce 500,000 cars per year -- and it already has the capacity to manufacture 450,000 Model 3 sedans and Model Y crossovers annually. This decision speaks to CEO Elon Musk's confidence that even 500,000 vehicles a year soon won't be enough to meet the demand for Teslas in China and the European markets that its Chinese facility also supplies.</p><p><blockquote>一方面，这听起来确实是个乐观的消息。特斯拉最初希望其上海工厂每年生产50万辆汽车，而该工厂已经有能力每年生产45万辆Model 3轿车和Model Y跨界车。这一决定表明了首席执行官埃隆·马斯克(Elon Musk)的信心，即即使很快每年50万辆汽车也不足以满足特斯拉在中国和欧洲市场的需求，其中国工厂也供应特斯拉。</blockquote></p><p> And yet Europe may also be part of Tesla's problem. As Reuters also reported Friday, the automaker just withdrew its application for state support for the construction of a planned battery plant near Berlin, Germany. Tesla had previously asked the Federal Ministry of Economics and the Brandenburg Ministry of Economics for some $1.3 billion in subsidies for the plant. But citing his belief that \"all subsidies should be eliminated\" from the electric car industry, Musk says he's now willing to forego that state support -- and hopes that governments will also eliminate \"massive subsidies for oil and gas.\"</p><p><blockquote>然而，欧洲也可能是特斯拉问题的一部分。据路透社周五报道，该汽车制造商刚刚撤回了国家支持在德国柏林附近建设电池厂的申请。特斯拉此前曾向联邦经济部和勃兰登堡州经济部要求为该工厂提供约13亿美元的补贴。但马斯克表示，他认为电动汽车行业“应该取消所有补贴”，他现在愿意放弃国家支持，并希望各国政府也能取消“对石油和天然气的大规模补贴”。</blockquote></p><p> Now what</p><p><blockquote>现在怎么办</blockquote></p><p> Thus we're left with a sort of \"bad news, good news\" situation in Germany. On the one hand, Tesla is giving up $1.3 billion that would have essentially dropped straight to its bottom line as the German government picked up part of the tab for the automaker's capital expenditures.</p><p><blockquote>因此，我们在德国面临着一种“坏消息，好消息”的局面。一方面，特斯拉放弃了13亿美元，由于德国政府承担了该汽车制造商资本支出的部分费用，这笔钱基本上会直接降至其利润。</blockquote></p><p> On the other hand, though, Tesla is making it clear that doesn't really need these subsidies anymore. Over the past 12 months, it has generated free cash flow of $2.6 billion, and&nbsp;GAAP(generally accepted accounting principles) profits of $3.5 billion. By forgoing this subsidy, Tesla gains a bit of moral authority as it urges governments to not subsidize rivals such as&nbsp;<b>Rivian</b>,<b>Lucid</b>, and other EV companies that have not yet reached profitability (and to halt subsidies tooil companies, too).</p><p><blockquote>但另一方面，特斯拉明确表示不再真正需要这些补贴。过去12个月，它产生了26亿美元的自由现金流和35亿美元的GAAP（公认会计原则）利润。通过放弃这种补贴，特斯拉获得了一点道德权威，因为它敦促各国政府不要补贴竞争对手，例如<b>Rivian</b>,<b>清醒的</b>以及其他尚未实现盈利的电动汽车公司（并停止对石油公司的补贴）。</blockquote></p><p> For the moment, investors seem to be focusing on the negative aspects of the news. Longer term, though, I suspect that Tesla's decision to give up this subsidy will prove a clever move that will only make the companya stronger competitor.</p><p><blockquote>目前，投资者似乎将注意力集中在该消息的负面方面。但从长远来看，我怀疑特斯拉放弃这项补贴的决定将被证明是一个明智之举，只会使该公司成为更强大的竞争对手。</blockquote></p><p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Why Tesla Stock Tumbled Today<blockquote>为什么特斯拉股价今天暴跌</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhy Tesla Stock Tumbled Today<blockquote>为什么特斯拉股价今天暴跌</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Motley Fool</strong><span class=\"h-time small\">2021-11-27 08:10</span>\n</p>\n</h4>\n</header>\n<article>\n<p>What happened</p><p><blockquote>发生了什么</blockquote></p><p> Good news for&nbsp;<b>Tesla</b>(NASDAQ:TSLA)investors! Demand forelectric vehiclesin China is apparently so strong that Tesla has decided to invest $188 million to expand production capacity at its Shanghai factory. It's so high that Tesla is putting 4,000 more people on the payroll at the site, as Reuters reported Friday morning.</p><p><blockquote>好消息<b>特斯拉</b>（纳斯达克：TSLA）投资者！中国对电动汽车的需求显然如此强劲，以至于特斯拉决定投资1.88亿美元扩大其上海工厂的产能。据路透社周五上午报道，这一数字如此之高，以至于特斯拉在该工厂增加了4,000名员工。</blockquote></p><p> So why was Tesla stock trading down by 2% as of 11:37 a.m. ET Friday?</p><p><blockquote>那么，为什么截至美国东部时间周五上午11:37，特斯拉股价下跌2%呢？</blockquote></p><p> So what</p><p><blockquote>那又怎样</blockquote></p><p> On the one hand, this sure sounds like upbeat news. Tesla initially wanted its Shanghai factory to produce 500,000 cars per year -- and it already has the capacity to manufacture 450,000 Model 3 sedans and Model Y crossovers annually. This decision speaks to CEO Elon Musk's confidence that even 500,000 vehicles a year soon won't be enough to meet the demand for Teslas in China and the European markets that its Chinese facility also supplies.</p><p><blockquote>一方面，这听起来确实是个乐观的消息。特斯拉最初希望其上海工厂每年生产50万辆汽车，而该工厂已经有能力每年生产45万辆Model 3轿车和Model Y跨界车。这一决定表明了首席执行官埃隆·马斯克(Elon Musk)的信心，即即使很快每年50万辆汽车也不足以满足特斯拉在中国和欧洲市场的需求，其中国工厂也供应特斯拉。</blockquote></p><p> And yet Europe may also be part of Tesla's problem. As Reuters also reported Friday, the automaker just withdrew its application for state support for the construction of a planned battery plant near Berlin, Germany. Tesla had previously asked the Federal Ministry of Economics and the Brandenburg Ministry of Economics for some $1.3 billion in subsidies for the plant. But citing his belief that \"all subsidies should be eliminated\" from the electric car industry, Musk says he's now willing to forego that state support -- and hopes that governments will also eliminate \"massive subsidies for oil and gas.\"</p><p><blockquote>然而，欧洲也可能是特斯拉问题的一部分。据路透社周五报道，该汽车制造商刚刚撤回了国家支持在德国柏林附近建设电池厂的申请。特斯拉此前曾向联邦经济部和勃兰登堡州经济部要求为该工厂提供约13亿美元的补贴。但马斯克表示，他认为电动汽车行业“应该取消所有补贴”，他现在愿意放弃国家支持，并希望各国政府也能取消“对石油和天然气的大规模补贴”。</blockquote></p><p> Now what</p><p><blockquote>现在怎么办</blockquote></p><p> Thus we're left with a sort of \"bad news, good news\" situation in Germany. On the one hand, Tesla is giving up $1.3 billion that would have essentially dropped straight to its bottom line as the German government picked up part of the tab for the automaker's capital expenditures.</p><p><blockquote>因此，我们在德国面临着一种“坏消息，好消息”的局面。一方面，特斯拉放弃了13亿美元，由于德国政府承担了该汽车制造商资本支出的部分费用，这笔钱基本上会直接降至其利润。</blockquote></p><p> On the other hand, though, Tesla is making it clear that doesn't really need these subsidies anymore. Over the past 12 months, it has generated free cash flow of $2.6 billion, and&nbsp;GAAP(generally accepted accounting principles) profits of $3.5 billion. By forgoing this subsidy, Tesla gains a bit of moral authority as it urges governments to not subsidize rivals such as&nbsp;<b>Rivian</b>,<b>Lucid</b>, and other EV companies that have not yet reached profitability (and to halt subsidies tooil companies, too).</p><p><blockquote>但另一方面，特斯拉明确表示不再真正需要这些补贴。过去12个月，它产生了26亿美元的自由现金流和35亿美元的GAAP（公认会计原则）利润。通过放弃这种补贴，特斯拉获得了一点道德权威，因为它敦促各国政府不要补贴竞争对手，例如<b>Rivian</b>,<b>清醒的</b>以及其他尚未实现盈利的电动汽车公司（并停止对石油公司的补贴）。</blockquote></p><p> For the moment, investors seem to be focusing on the negative aspects of the news. Longer term, though, I suspect that Tesla's decision to give up this subsidy will prove a clever move that will only make the companya stronger competitor.</p><p><blockquote>目前，投资者似乎将注意力集中在该消息的负面方面。但从长远来看，我怀疑特斯拉放弃这项补贴的决定将被证明是一个明智之举，只会使该公司成为更强大的竞争对手。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.fool.com/investing/2021/11/26/why-tesla-stock-tumbled-today/\">Motley Fool</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉"},"source_url":"https://www.fool.com/investing/2021/11/26/why-tesla-stock-tumbled-today/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1100657085","content_text":"What happened\nGood news for Tesla(NASDAQ:TSLA)investors! Demand forelectric vehiclesin China is apparently so strong that Tesla has decided to invest $188 million to expand production capacity at its Shanghai factory. It's so high that Tesla is putting 4,000 more people on the payroll at the site, as Reuters reported Friday morning.\nSo why was Tesla stock trading down by 2% as of 11:37 a.m. ET Friday?\nSo what\nOn the one hand, this sure sounds like upbeat news. Tesla initially wanted its Shanghai factory to produce 500,000 cars per year -- and it already has the capacity to manufacture 450,000 Model 3 sedans and Model Y crossovers annually. This decision speaks to CEO Elon Musk's confidence that even 500,000 vehicles a year soon won't be enough to meet the demand for Teslas in China and the European markets that its Chinese facility also supplies.\nAnd yet Europe may also be part of Tesla's problem. As Reuters also reported Friday, the automaker just withdrew its application for state support for the construction of a planned battery plant near Berlin, Germany. Tesla had previously asked the Federal Ministry of Economics and the Brandenburg Ministry of Economics for some $1.3 billion in subsidies for the plant. But citing his belief that \"all subsidies should be eliminated\" from the electric car industry, Musk says he's now willing to forego that state support -- and hopes that governments will also eliminate \"massive subsidies for oil and gas.\"\nNow what\nThus we're left with a sort of \"bad news, good news\" situation in Germany. On the one hand, Tesla is giving up $1.3 billion that would have essentially dropped straight to its bottom line as the German government picked up part of the tab for the automaker's capital expenditures.\nOn the other hand, though, Tesla is making it clear that doesn't really need these subsidies anymore. Over the past 12 months, it has generated free cash flow of $2.6 billion, and GAAP(generally accepted accounting principles) profits of $3.5 billion. By forgoing this subsidy, Tesla gains a bit of moral authority as it urges governments to not subsidize rivals such as Rivian,Lucid, and other EV companies that have not yet reached profitability (and to halt subsidies tooil companies, too).\nFor the moment, investors seem to be focusing on the negative aspects of the news. Longer term, though, I suspect that Tesla's decision to give up this subsidy will prove a clever move that will only make the companya stronger competitor.","news_type":1,"symbols_score_info":{"TSLA":0.9}},"isVote":1,"tweetType":1,"viewCount":440,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":877330951,"gmtCreate":1637886054436,"gmtModify":1637886054703,"author":{"id":"3581980965309451","authorId":"3581980965309451","name":"Eded","avatar":"https://static.tigerbbs.com/41a629a3014601072ee8dc2d151d1796","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3581980965309451","idStr":"3581980965309451"},"themes":[],"htmlText":"A good news … both companies work together&nbsp;","listText":"A good news … both companies work together&nbsp;","text":"A good news … both companies work together","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/877330951","repostId":"2186397152","repostType":2,"isVote":1,"tweetType":1,"viewCount":803,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":874727554,"gmtCreate":1637827745509,"gmtModify":1637827745755,"author":{"id":"3581980965309451","authorId":"3581980965309451","name":"Eded","avatar":"https://static.tigerbbs.com/41a629a3014601072ee8dc2d151d1796","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3581980965309451","idStr":"3581980965309451"},"themes":[],"htmlText":"Fall in share price is nothing to do with the service disruption … just simply the share price is too high&nbsp;","listText":"Fall in share price is nothing to do with the service disruption … just simply the share price is too high&nbsp;","text":"Fall in share price is nothing to do with the service disruption … just simply the share price is too high","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/874727554","repostId":"1113757092","repostType":4,"isVote":1,"tweetType":1,"viewCount":656,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":874724499,"gmtCreate":1637827621224,"gmtModify":1637827621477,"author":{"id":"3581980965309451","authorId":"3581980965309451","name":"Eded","avatar":"https://static.tigerbbs.com/41a629a3014601072ee8dc2d151d1796","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3581980965309451","idStr":"3581980965309451"},"themes":[],"htmlText":"Actually a great time to launch such index . All travel related stocks are at low price … good to push the index price higher&nbsp;","listText":"Actually a great time to launch such index . All travel related stocks are at low price … good to push the index price higher&nbsp;","text":"Actually a great time to launch such index . All travel related stocks are at low price … good to push the index price higher","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/874724499","repostId":"1174411523","repostType":4,"isVote":1,"tweetType":1,"viewCount":1001,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":874358154,"gmtCreate":1637733765252,"gmtModify":1637733765552,"author":{"id":"3581980965309451","authorId":"3581980965309451","name":"Eded","avatar":"https://static.tigerbbs.com/41a629a3014601072ee8dc2d151d1796","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3581980965309451","idStr":"3581980965309451"},"themes":[],"htmlText":"1.84 for 37 out of 1000…","listText":"1.84 for 37 out of 1000…","text":"1.84 for 37 out of 1000…","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/874358154","repostId":"1192579438","repostType":4,"isVote":1,"tweetType":1,"viewCount":848,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":874353769,"gmtCreate":1637733641639,"gmtModify":1637733641921,"author":{"id":"3581980965309451","authorId":"3581980965309451","name":"Eded","avatar":"https://static.tigerbbs.com/41a629a3014601072ee8dc2d151d1796","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3581980965309451","idStr":"3581980965309451"},"themes":[],"htmlText":"Qualcomm and intel should fall ?","listText":"Qualcomm and intel should fall ?","text":"Qualcomm and intel should fall ?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/874353769","repostId":"1119936324","repostType":4,"repost":{"id":"1119936324","kind":"news","pubTimestamp":1637723755,"share":"https://www.laohu8.com/m/news/1119936324?lang=zh_CN&edition=full","pubTime":"2021-11-24 11:15","market":"us","language":"en","title":"Apple taps TSMC to build custom iPhone 5G modem in 2023<blockquote>苹果聘请台积电于2023年生产定制iPhone 5G调制解调器</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1119936324","media":"Nikkei Asia","summary":"U.S. company aims to cut reliance on Qualcomm for key components\nApple plans to adopt TSMC's 4-nanom","content":"<p>U.S. company aims to cut reliance on Qualcomm for key components</p><p><blockquote>美国公司旨在减少关键零部件对高通的依赖</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/5a41f76230cd6e6d432589c979621e02\" tg-width=\"1400\" tg-height=\"788\" width=\"100%\" height=\"auto\"><span>Apple plans to adopt TSMC's 4-nanometer chip technology for its 5G modems as it seeks to cut reliance on Qualcomm. (Source photos by Shinya Sawai and Akira Kodaka)</span></p><p><blockquote><p class=\"t-img-caption\"><span>苹果计划在其5G调制解调器中采用台积电的4纳米芯片技术，以减少对高通的依赖。（来源泽井伸也、小高彰照片）</span></p></blockquote></p><p> TAIPEI -- Apple is forging a closer partnership with Taiwan Semiconductor Manufacturing Co. in hopes of reducing its reliance on Qualcomm, Nikkei Asia has learned, with plans to have the Taiwanese chip titan make 5G iPhone modems from 2023.</p><p><blockquote>日经亚洲获悉，苹果正在与台积电公司建立更紧密的合作伙伴关系，希望减少对高通的依赖，并计划从2023年开始让这家台湾芯片巨头生产5G iPhone调制解调器。</blockquote></p><p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Apple taps TSMC to build custom iPhone 5G modem in 2023<blockquote>苹果聘请台积电于2023年生产定制iPhone 5G调制解调器</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nApple taps TSMC to build custom iPhone 5G modem in 2023<blockquote>苹果聘请台积电于2023年生产定制iPhone 5G调制解调器</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Nikkei Asia</strong><span class=\"h-time small\">2021-11-24 11:15</span>\n</p>\n</h4>\n</header>\n<article>\n<p>U.S. company aims to cut reliance on Qualcomm for key components</p><p><blockquote>美国公司旨在减少关键零部件对高通的依赖</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/5a41f76230cd6e6d432589c979621e02\" tg-width=\"1400\" tg-height=\"788\" width=\"100%\" height=\"auto\"><span>Apple plans to adopt TSMC's 4-nanometer chip technology for its 5G modems as it seeks to cut reliance on Qualcomm. (Source photos by Shinya Sawai and Akira Kodaka)</span></p><p><blockquote><p class=\"t-img-caption\"><span>苹果计划在其5G调制解调器中采用台积电的4纳米芯片技术，以减少对高通的依赖。（来源泽井伸也、小高彰照片）</span></p></blockquote></p><p> TAIPEI -- Apple is forging a closer partnership with Taiwan Semiconductor Manufacturing Co. in hopes of reducing its reliance on Qualcomm, Nikkei Asia has learned, with plans to have the Taiwanese chip titan make 5G iPhone modems from 2023.</p><p><blockquote>日经亚洲获悉，苹果正在与台积电公司建立更紧密的合作伙伴关系，希望减少对高通的依赖，并计划从2023年开始让这家台湾芯片巨头生产5G iPhone调制解调器。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://asia.nikkei.com/Business/Tech/Semiconductors/Apple-taps-TSMC-to-build-custom-iPhone-5G-modem-in-2023\">Nikkei Asia</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","AAPL":"苹果"},"source_url":"https://asia.nikkei.com/Business/Tech/Semiconductors/Apple-taps-TSMC-to-build-custom-iPhone-5G-modem-in-2023","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1119936324","content_text":"U.S. company aims to cut reliance on Qualcomm for key components\nApple plans to adopt TSMC's 4-nanometer chip technology for its 5G modems as it seeks to cut reliance on Qualcomm. (Source photos by Shinya Sawai and Akira Kodaka)\nTAIPEI -- Apple is forging a closer partnership with Taiwan Semiconductor Manufacturing Co. in hopes of reducing its reliance on Qualcomm, Nikkei Asia has learned, with plans to have the Taiwanese chip titan make 5G iPhone modems from 2023.","news_type":1,"symbols_score_info":{"TSM":0.9,"AAPL":0.9}},"isVote":1,"tweetType":1,"viewCount":809,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":874359483,"gmtCreate":1637733541484,"gmtModify":1637733541772,"author":{"id":"3581980965309451","authorId":"3581980965309451","name":"Eded","avatar":"https://static.tigerbbs.com/41a629a3014601072ee8dc2d151d1796","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3581980965309451","idStr":"3581980965309451"},"themes":[],"htmlText":"I can also predict 10k in a decade&nbsp;","listText":"I can also predict 10k in a decade&nbsp;","text":"I can also predict 10k in a decade","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/874359483","repostId":"1134119135","repostType":4,"repost":{"id":"1134119135","kind":"news","pubTimestamp":1637733474,"share":"https://www.laohu8.com/m/news/1134119135?lang=zh_CN&edition=full","pubTime":"2021-11-24 13:57","market":"us","language":"en","title":"The S&P 500 will cross 5,000 next year, says Jefferies<blockquote>杰富瑞表示，标普500明年将突破5,000点</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1134119135","media":"Business Insider","summary":"The S&P 500 will extend gains into 2022 and reach 5,000, says Jefferies in a stock market outlook no","content":"<p><ul>  <li>The S&amp;P 500 will extend gains into 2022 and reach 5,000, says Jefferies in a stock market outlook note Tuesday.</li>  <li>Stocks will find support from further earnings growth and a massive amount of money to be spent by consumers, companies, and the US government.</li>  <li>The economy should expand by 5.1% in 2022 but it will be \"tough\" to beat 5.4% growth in 2021.</li> </ul> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/eff57def304b09c05267f4d14938eb01\" tg-width=\"790\" tg-height=\"395\" width=\"100%\" height=\"auto\"><span>EMMANUEL DUNAND/AFP via Getty Images</span></p><p><blockquote><ul><li>杰富瑞(Jefferies)周二在一份股市展望报告中表示，标普500将把涨幅延续到2022年，达到5,000点。</li><li>股市将从进一步的盈利增长以及消费者、公司和美国政府的大量支出中获得支撑。</li><li>2022年经济应该会增长5.1%，但要超过2021年5.4%的增长将是“艰难的”。</li></ul><p class=\"t-img-caption\"><span>伊曼纽尔·杜南/法新社，盖蒂图片社</span></p></blockquote></p><p> Numerous record highs have pushed the&nbsp;S&amp;P 500&nbsp;up by 25% during 2021, and the benchmark should advance to the 5,000 mark in 2022 on continued earnings growth for Corporate America and a massive amount of spending to support further US economic expansion, Jefferies said Tuesday.</p><p><blockquote>杰富瑞(Jefferies)周二表示，2021年，多项历史新高推动标准普尔500指数上涨25%，由于美国企业盈利持续增长以及支持美国经济进一步扩张的大量支出，该基准指数应在2022年升至5,000点大关。</blockquote></p><p> \"The nominal profit boom is set to be repeated in 2022. The gap between nominal GDP and treasury yields will be wide enough for companies to make excess profits,\" said Sean Darby, global equity strategist at Jefferies, in a research note looking at factors that will influence US and global stock markets next year.</p><p><blockquote>杰富瑞(Jefferies)全球股票策略师肖恩·达比(Sean Darby)在一份研究报告中表示：“名义利润繁荣将在2022年重演。名义GDP和美国国债收益率之间的差距将足够大，足以让企业获得超额利润。”明年将影响美国和全球股市。</blockquote></p><p> Surging corporate earnings have helped fuel the S&amp;P 500's jump this year, with the benchmark nearing 4,700 and notching 66 record highs in the process.</p><p><blockquote>企业盈利飙升推动了标普500今年的上涨，基准指数接近4,700点，并在此过程中创下了66个历史新高。</blockquote></p><p> Strong pricing power could help annual earnings growth of about 50% in 2021 look \"quite plausible,\" Darby wrote, noting Jefferies had previously estimated 41% earnings growth for the S&amp;P 500.</p><p><blockquote>Darby写道，强大的定价能力可能有助于2021年约50%的年盈利增长看起来“相当合理”，并指出杰富瑞此前预计该标普500的盈利增长为41%。</blockquote></p><p> \"The lesson learnt from the post-pandemic recovery is the danger of underestimating corporate pricing power and the degree to which central banks are happy to leave real interest rates negative – more like the 1950s. There is a very strong positive correlation between nominal GDP and US profits,\" the strategist wrote.</p><p><blockquote>“从大流行后复苏中吸取的教训是，低估企业定价能力的危险，以及央行乐于让实际利率为负的程度——更像20世纪50年代。名义GDP和美国利润之间存在非常强的正相关性，”该策略师写道。</blockquote></p><p> Jefferies foresees US gross domestic product expanding by 5.1% in 2022, faster than other parts of the world including the euro area.</p><p><blockquote>杰富瑞预计，2022年美国国内生产总值将增长5.1%，快于包括欧元区在内的世界其他地区。</blockquote></p><p> Darby cited spending from US consumers, corporations, and government — possibly even banks too — as drivers of economic growth next year.</p><p><blockquote>达比指出，美国消费者、企业和政府（甚至可能还有银行）的支出是明年经济增长的驱动力。</blockquote></p><p> In fact, Jefferies said American consumers have $2.5 trillion of excess savings, S&amp;P 500 companies have gross cash and cash equivalents of $1.34 trillion, and the US government's fiscal stimulus plans are still unfolding — all potential funds that will help foster growth in the world's largest economy next year.</p><p><blockquote>事实上，杰富瑞表示，美国消费者拥有2.5万亿美元的超额储蓄，标普500公司拥有1.34万亿美元的现金和现金等价物总额，美国政府的财政刺激计划仍在展开——所有这些潜在资金都将有助于促进全球最大经济体明年的增长。</blockquote></p><p> The Federal Reserve will likely act as a modest headwind by raising interest rates twice in 2022 and tapering its assets purchases possibly earlier than expected. \"However, US real interest rates will remain deeply negative,\" said Jefferies. Real interest rates are adjusted for inflation. Consumer price inflation in October&nbsp;hit 6.2%, the fastest rate since 1990, largely as energy prices accelerate.</p><p><blockquote>美联储可能会在2022年加息两次，并可能比预期更早地缩减资产购买，从而起到适度的阻力作用。杰富瑞表示：“然而，美国实际利率仍将处于深度负值。”实际利率根据通货膨胀进行调整。10月份消费者价格通胀率达到6.2%，为1990年以来最快增速，主要原因是能源价格上涨。</blockquote></p><p> The US economy appears on track to grow by a faster rate in 2021, at 5.4%, versus next year.</p><p><blockquote>与明年相比，美国经济似乎有望在2021年以更快的速度增长5.4%。</blockquote></p><p> \"2022 will be tough because 2021 is unsurpassable. While naturally base effects will play their part, a glance at the recent ISM manufacturing saw the gap between new orders and inventories starting to shrink,\" said Darby, noting the trend in services — the bulk of the US economy — was better.</p><p><blockquote>达比表示：“2022年将会很艰难，因为2021年是无法超越的。虽然基数效应自然会发挥作用，但从最近的ISM制造业来看，新订单和库存之间的差距开始缩小。”他指出服务业的趋势——美国经济的大部分——情况更好。</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>The S&P 500 will cross 5,000 next year, says Jefferies<blockquote>杰富瑞表示，标普500明年将突破5,000点</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 S&P 500 will cross 5,000 next year, says Jefferies<blockquote>杰富瑞表示，标普500明年将突破5,000点</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Business Insider</strong><span class=\"h-time small\">2021-11-24 13:57</span>\n</p>\n</h4>\n</header>\n<article>\n<p><ul>  <li>The S&amp;P 500 will extend gains into 2022 and reach 5,000, says Jefferies in a stock market outlook note Tuesday.</li>  <li>Stocks will find support from further earnings growth and a massive amount of money to be spent by consumers, companies, and the US government.</li>  <li>The economy should expand by 5.1% in 2022 but it will be \"tough\" to beat 5.4% growth in 2021.</li> </ul> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/eff57def304b09c05267f4d14938eb01\" tg-width=\"790\" tg-height=\"395\" width=\"100%\" height=\"auto\"><span>EMMANUEL DUNAND/AFP via Getty Images</span></p><p><blockquote><ul><li>杰富瑞(Jefferies)周二在一份股市展望报告中表示，标普500将把涨幅延续到2022年，达到5,000点。</li><li>股市将从进一步的盈利增长以及消费者、公司和美国政府的大量支出中获得支撑。</li><li>2022年经济应该会增长5.1%，但要超过2021年5.4%的增长将是“艰难的”。</li></ul><p class=\"t-img-caption\"><span>伊曼纽尔·杜南/法新社，盖蒂图片社</span></p></blockquote></p><p> Numerous record highs have pushed the&nbsp;S&amp;P 500&nbsp;up by 25% during 2021, and the benchmark should advance to the 5,000 mark in 2022 on continued earnings growth for Corporate America and a massive amount of spending to support further US economic expansion, Jefferies said Tuesday.</p><p><blockquote>杰富瑞(Jefferies)周二表示，2021年，多项历史新高推动标准普尔500指数上涨25%，由于美国企业盈利持续增长以及支持美国经济进一步扩张的大量支出，该基准指数应在2022年升至5,000点大关。</blockquote></p><p> \"The nominal profit boom is set to be repeated in 2022. The gap between nominal GDP and treasury yields will be wide enough for companies to make excess profits,\" said Sean Darby, global equity strategist at Jefferies, in a research note looking at factors that will influence US and global stock markets next year.</p><p><blockquote>杰富瑞(Jefferies)全球股票策略师肖恩·达比(Sean Darby)在一份研究报告中表示：“名义利润繁荣将在2022年重演。名义GDP和美国国债收益率之间的差距将足够大，足以让企业获得超额利润。”明年将影响美国和全球股市。</blockquote></p><p> Surging corporate earnings have helped fuel the S&amp;P 500's jump this year, with the benchmark nearing 4,700 and notching 66 record highs in the process.</p><p><blockquote>企业盈利飙升推动了标普500今年的上涨，基准指数接近4,700点，并在此过程中创下了66个历史新高。</blockquote></p><p> Strong pricing power could help annual earnings growth of about 50% in 2021 look \"quite plausible,\" Darby wrote, noting Jefferies had previously estimated 41% earnings growth for the S&amp;P 500.</p><p><blockquote>Darby写道，强大的定价能力可能有助于2021年约50%的年盈利增长看起来“相当合理”，并指出杰富瑞此前预计该标普500的盈利增长为41%。</blockquote></p><p> \"The lesson learnt from the post-pandemic recovery is the danger of underestimating corporate pricing power and the degree to which central banks are happy to leave real interest rates negative – more like the 1950s. There is a very strong positive correlation between nominal GDP and US profits,\" the strategist wrote.</p><p><blockquote>“从大流行后复苏中吸取的教训是，低估企业定价能力的危险，以及央行乐于让实际利率为负的程度——更像20世纪50年代。名义GDP和美国利润之间存在非常强的正相关性，”该策略师写道。</blockquote></p><p> Jefferies foresees US gross domestic product expanding by 5.1% in 2022, faster than other parts of the world including the euro area.</p><p><blockquote>杰富瑞预计，2022年美国国内生产总值将增长5.1%，快于包括欧元区在内的世界其他地区。</blockquote></p><p> Darby cited spending from US consumers, corporations, and government — possibly even banks too — as drivers of economic growth next year.</p><p><blockquote>达比指出，美国消费者、企业和政府（甚至可能还有银行）的支出是明年经济增长的驱动力。</blockquote></p><p> In fact, Jefferies said American consumers have $2.5 trillion of excess savings, S&amp;P 500 companies have gross cash and cash equivalents of $1.34 trillion, and the US government's fiscal stimulus plans are still unfolding — all potential funds that will help foster growth in the world's largest economy next year.</p><p><blockquote>事实上，杰富瑞表示，美国消费者拥有2.5万亿美元的超额储蓄，标普500公司拥有1.34万亿美元的现金和现金等价物总额，美国政府的财政刺激计划仍在展开——所有这些潜在资金都将有助于促进全球最大经济体明年的增长。</blockquote></p><p> The Federal Reserve will likely act as a modest headwind by raising interest rates twice in 2022 and tapering its assets purchases possibly earlier than expected. \"However, US real interest rates will remain deeply negative,\" said Jefferies. Real interest rates are adjusted for inflation. Consumer price inflation in October&nbsp;hit 6.2%, the fastest rate since 1990, largely as energy prices accelerate.</p><p><blockquote>美联储可能会在2022年加息两次，并可能比预期更早地缩减资产购买，从而起到适度的阻力作用。杰富瑞表示：“然而，美国实际利率仍将处于深度负值。”实际利率根据通货膨胀进行调整。10月份消费者价格通胀率达到6.2%，为1990年以来最快增速，主要原因是能源价格上涨。</blockquote></p><p> The US economy appears on track to grow by a faster rate in 2021, at 5.4%, versus next year.</p><p><blockquote>与明年相比，美国经济似乎有望在2021年以更快的速度增长5.4%。</blockquote></p><p> \"2022 will be tough because 2021 is unsurpassable. While naturally base effects will play their part, a glance at the recent ISM manufacturing saw the gap between new orders and inventories starting to shrink,\" said Darby, noting the trend in services — the bulk of the US economy — was better.</p><p><blockquote>达比表示：“2022年将会很艰难，因为2021年是无法超越的。虽然基数效应自然会发挥作用，但从最近的ISM制造业来看，新订单和库存之间的差距开始缩小。”他指出服务业的趋势——美国经济的大部分——情况更好。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://markets.businessinsider.com/news/stocks/stock-market-outlook-sp500-5000-2022-earnings-gdp-spending-jefferies-2021-11\">Business Insider</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index",".DJI":"道琼斯",".IXIC":"NASDAQ Composite"},"source_url":"https://markets.businessinsider.com/news/stocks/stock-market-outlook-sp500-5000-2022-earnings-gdp-spending-jefferies-2021-11","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1134119135","content_text":"The S&P 500 will extend gains into 2022 and reach 5,000, says Jefferies in a stock market outlook note Tuesday.\nStocks will find support from further earnings growth and a massive amount of money to be spent by consumers, companies, and the US government.\nThe economy should expand by 5.1% in 2022 but it will be \"tough\" to beat 5.4% growth in 2021.\n\nEMMANUEL DUNAND/AFP via Getty Images\nNumerous record highs have pushed the S&P 500 up by 25% during 2021, and the benchmark should advance to the 5,000 mark in 2022 on continued earnings growth for Corporate America and a massive amount of spending to support further US economic expansion, Jefferies said Tuesday.\n\"The nominal profit boom is set to be repeated in 2022. The gap between nominal GDP and treasury yields will be wide enough for companies to make excess profits,\" said Sean Darby, global equity strategist at Jefferies, in a research note looking at factors that will influence US and global stock markets next year.\nSurging corporate earnings have helped fuel the S&P 500's jump this year, with the benchmark nearing 4,700 and notching 66 record highs in the process.\nStrong pricing power could help annual earnings growth of about 50% in 2021 look \"quite plausible,\" Darby wrote, noting Jefferies had previously estimated 41% earnings growth for the S&P 500.\n\"The lesson learnt from the post-pandemic recovery is the danger of underestimating corporate pricing power and the degree to which central banks are happy to leave real interest rates negative – more like the 1950s. There is a very strong positive correlation between nominal GDP and US profits,\" the strategist wrote.\nJefferies foresees US gross domestic product expanding by 5.1% in 2022, faster than other parts of the world including the euro area.\nDarby cited spending from US consumers, corporations, and government — possibly even banks too — as drivers of economic growth next year.\nIn fact, Jefferies said American consumers have $2.5 trillion of excess savings, S&P 500 companies have gross cash and cash equivalents of $1.34 trillion, and the US government's fiscal stimulus plans are still unfolding — all potential funds that will help foster growth in the world's largest economy next year.\nThe Federal Reserve will likely act as a modest headwind by raising interest rates twice in 2022 and tapering its assets purchases possibly earlier than expected. \"However, US real interest rates will remain deeply negative,\" said Jefferies. Real interest rates are adjusted for inflation. Consumer price inflation in October hit 6.2%, the fastest rate since 1990, largely as energy prices accelerate.\nThe US economy appears on track to grow by a faster rate in 2021, at 5.4%, versus next year.\n\"2022 will be tough because 2021 is unsurpassable. While naturally base effects will play their part, a glance at the recent ISM manufacturing saw the gap between new orders and inventories starting to shrink,\" said Darby, noting the trend in services — the bulk of the US economy — was better.","news_type":1,"symbols_score_info":{".DJI":0.9,".SPX":0.9,".IXIC":0.9}},"isVote":1,"tweetType":1,"viewCount":961,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0}],"hots":[{"id":873551636,"gmtCreate":1636966489202,"gmtModify":1636966853399,"author":{"id":"3581980965309451","authorId":"3581980965309451","name":"Eded","avatar":"https://static.tigerbbs.com/41a629a3014601072ee8dc2d151d1796","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581980965309451","authorIdStr":"3581980965309451"},"themes":[],"htmlText":"But she sold nvedia, Shopify and Tesla&nbsp;","listText":"But she sold nvedia, Shopify and Tesla&nbsp;","text":"But she sold nvedia, Shopify and Tesla","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":11,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/873551636","repostId":"2183046479","repostType":4,"isVote":1,"tweetType":1,"viewCount":827,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":821271692,"gmtCreate":1633752900990,"gmtModify":1633752901838,"author":{"id":"3581980965309451","authorId":"3581980965309451","name":"Eded","avatar":"https://static.tigerbbs.com/41a629a3014601072ee8dc2d151d1796","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581980965309451","authorIdStr":"3581980965309451"},"themes":[],"htmlText":"If bitcoins are destroyed , all are gone&nbsp;","listText":"If bitcoins are destroyed , all are gone&nbsp;","text":"If bitcoins are destroyed , all are gone","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":12,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/821271692","repostId":"1195802602","repostType":4,"repost":{"id":"1195802602","kind":"news","pubTimestamp":1633749735,"share":"https://www.laohu8.com/m/news/1195802602?lang=zh_CN&edition=full","pubTime":"2021-10-09 11:22","market":"fut","language":"en","title":"What Happens to Bitcoin After All 21 Million Are Mined?<blockquote>2100万枚地雷全部开采后，比特币会发生什么？</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1195802602","media":"Investopedia","summary":"KEY TAKEAWAYS\n\nThere are only 21 million bitcoins that can be mined in total.\nBitcoin will never rea","content":"<p><b>KEY TAKEAWAYS</b></p><p><blockquote><b>关键要点</b></blockquote></p><p> <ul>  <li>There are only 21 million bitcoins that can be mined in total.</li>  <li>Bitcoin will never reach that cap due to the use of rounding operators in its codebase.</li>  <li>As of Aug, 2021, 18.77 million bitcoins have been mined, which leaves roughly 2.3 million yet to be introduced into circulation.</li>  <li>When Bitcoin reaches its supply cap, block rewards will vanish, and miners will depend on fees from transactions occurring on the cryptocurrency's network for revenue.</li>  <li>Bitcoin's network may evolve from its current unfinished state to becoming a bridge for monetary transactions and trading.</li>  <li>Bitcoin the cryptocurrency will have a defined identity in the financial ecosystem.</li> </ul> One of the chief characteristics of Bitcoin&nbsp;is its limited supply. Other forms of money, including fiat currencies, can be printed at will by central banks—i.e., they have unlimited supply.</p><p><blockquote><ul><li>总共只有2100万个比特币可以开采。</li><li>由于在其代码库中使用了舍入运算符，比特币永远不会达到这个上限。</li><li>截至2021年8月，已有1877万枚比特币被开采，其中约230万枚尚未投入流通。</li><li>当比特币达到其供应上限时，区块奖励将消失，矿工将依赖加密货币网络上发生的交易费用来获得收入。</li><li>比特币的网络可能会从目前的未完工状态演变为货币交易和交易的桥梁。</li><li>比特币加密货币将在金融生态系统中拥有明确的身份。</li></ul>比特币的主要特点之一是供应有限。其他形式的货币，包括法定货币，可以由央行随意印刷——也就是说，它们的供应量是无限的。</blockquote></p><p> Bitcoin inventor Satoshi Nakamoto capped the number of bitcoin at 21 million, meaning there will only ever be 21 million bitcoins in existence. On average, these bitcoins are introduced to the Bitcoin supply at a fixed rate of one block every 10 minutes. In addition, the number of bitcoins released in each of these aforementioned blocks is reduced by 50% every four years. By August 2021, 18.7 million bitcoins were available, leaving roughly 2.3 million to be&nbsp;mined.The supply limitation makes Bitcoin scarce and controls inflation that might arise from an unlimited supply of the&nbsp;cryptocurrency.</p><p><blockquote>比特币发明家中本聪将比特币的数量限制在2100万，这意味着只有2100万个比特币存在。平均而言，这些比特币以每10分钟一个区块的固定速度引入比特币供应。此外，在上述每个区块中释放的比特币数量每四年减少50%。到2021年8月，有1870万个比特币可用，剩下大约230万个比特币有待开采。供应限制使比特币稀缺，并控制了加密货币无限供应可能引起的通货膨胀。</blockquote></p><p> As Bitcoin reaches its capped supply, its economics will alter. The incentives for various members in its ecosystem, such as miners and traders, will change. For example, miners may rely less on&nbsp;block rewards&nbsp;and more on transaction fees to earn revenue and profits for their operations. The cryptocurrency's network will also transform, and its participants will be different from the retail traders that populate its current ecosystem.</p><p><blockquote>随着比特币达到供应上限，其经济将发生变化。对其生态系统中各种成员（如矿工和贸易商）的激励将发生变化。例如，矿工可能较少依赖区块奖励，而更多地依赖交易费用来为其运营赚取收入和利润。加密货币的网络也将发生转变，其参与者将不同于当前生态系统中的散户交易者。</blockquote></p><p> However, given the cryptocurrency's relatively undeveloped ecosystem, it is difficult to predict with certainty the effect of Bitcoin reaching its capped supply.</p><p><blockquote>然而，鉴于加密货币相对不发达的生态系统，很难确定地预测比特币达到其上限供应的影响。</blockquote></p><p> <b>Will Bitcoin Ever Reach the 21 Million Cap?</b></p><p><blockquote><b>比特币会达到2100万英镑的上限吗？</b></blockquote></p><p> Before delving into the implications of Bitcoin's 21 million cap, it might be interesting to consider the question of whether it will ever reach that figure. Based on the cryptocurrency's current codebase and mining process, some observers say that Bitcoin may fall just shy of the 21 million figure.</p><p><blockquote>在深入研究比特币2100万英镑上限的影响之前，考虑一下它是否会达到这个数字可能会很有趣。根据加密货币目前的代码库和挖掘过程，一些观察人士表示，比特币可能会略低于2100万的数字。</blockquote></p><p> To recap, Bitcoin is \"mined\" by miners who solve cryptographic puzzles to verify and validate a block of transactions occurring in its network. Block rewards, consisting of a set number of bitcoins, are distributed to miners who successfully confirm a transaction block. The rewards are halved every four years.</p><p><blockquote>概括地说，比特币是由解决加密难题的矿工“挖掘”的，以验证和验证其网络中发生的一组交易。区块奖励由一定数量的比特币组成，分发给成功确认交易区块的矿工。奖励每四年减半。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/2d1d9aa1b5581477bf14edfde0292f21\" tg-width=\"660\" tg-height=\"513\" referrerpolicy=\"no-referrer\"><span>The rate that bitcoin are produced cuts in half about every four years. Investopedia</span></p><p><blockquote><p class=\"t-img-caption\"><span>比特币的生产速度大约每四年减半。投资百科</span></p></blockquote></p><p> When the cryptocurrency was launched, the reward for confirming a block of transactions was 50 bitcoins. In 2012, it was halved to 25 bitcoins, and it went down to 12.5 in 2016. In May 2020, miners stood to earn 6.25 bitcoin for every new block. Block rewards for Bitcoin miners will continue to be halved every four years until the final bitcoin is mined. Current estimates for mining of the final bitcoin put that date somewhere in February 2140.</p><p><blockquote>当加密货币推出时，确认一笔交易的奖励是50个比特币。2012年减半至25个比特币，2016年降至12.5个。2020年5月，每个新区块矿工将获得6.25比特币。比特币矿工的区块奖励将继续每四年减半，直到最后一个比特币被开采。目前对最终比特币开采的估计是2140年2月。</blockquote></p><p>   <b>Important:</b>The Bitcoin mining process provides bitcoin rewards to miners, but the reward size decreases periodically to control the circulation of new tokens.  According to Andreas M. Antonopoulos, author of a book about Bitcoin's workings, the 21 million figure is an \"asymptotic cap\" on the number of bitcoin in existence.In simple words, this means that, while it may reach very close to figure, the cryptocurrency will never reach that limit. This is because block rewards and Bitcoin supply are never expressed in exact terms. Bitcoin's code uses bit-shift operators—arithmetic operators used that round decimal points to the closest smallest integer in certain programming languages. Therefore, a total supply of 6.2589 bitcoins will be rounded out to the closest smallest integer, in this case 6.</p><p><blockquote><b>重要提示：</b>比特币挖矿过程为矿工提供比特币奖励，但奖励规模会周期性减少，以控制新代币的流通。根据一本关于比特币运作的书的作者Andreas M.Antonopoulos的说法，2100万这个数字是现存比特币数量的“渐近上限”。简而言之，这意味着，虽然它可能非常接近数字，但加密货币永远不会达到这一限制。这是因为块奖励和比特币供应从来没有用确切的术语来表达。比特币的代码使用位移位运算符——在某些编程语言中，用于将小数点四舍五入到最接近的最小整数的算术运算符。因此，6.2589个比特币的总供应量将四舍五入到最接近的最小整数，在本例中为6。</blockquote></p><p> While it makes calculations easier, the practice leads to losses in&nbsp;satoshis, Bitcoin's constituent units, during each block confirmation. One bitcoin is equal to 100 million satoshis. According to some, the final bitcoin block will be numbered 6,929,999, and the total supply at that time will be 20,999,999.9769 satoshis. Since bitcoin uses a bit-shift operator system,3its algorithm will round off that figure to 20,999,999 and leave the cryptocurrency just shy of its 21 million targeted cap.</p><p><blockquote>虽然这种做法使计算变得更容易，但在每次区块确认期间，这种做法会导致比特币的组成单位satoshis的损失。一个比特币等于一亿个聪。根据一些人的说法，最终的比特币区块将编号为6,929,999，届时的总供应量将为20,999,999.9769 satoshis。由于比特币使用位移位运算符系统，3its算法将把这个数字四舍五入到20,999，999，使加密货币略低于其2100万的目标上限。</blockquote></p><p> <b>What Happens When All 21 Million Bitcoin Are Mined?</b></p><p><blockquote><b>当2100万枚比特币全部被开采后会发生什么？</b></blockquote></p><p></p><p> A consequence of Bitcoin not reaching its planned cap is that it leaves open the possibility that the cryptocurrency's network will remain functional for a long time after 2140. No bitcoins will be issued, but transaction blocks will be confirmed, and fees will become the primary source of revenue. Ultimately, Bitcoin's network may function as a&nbsp;closed economy, in which transaction fees are assessed much like taxes are.</p><p><blockquote>比特币没有达到其计划上限的一个后果是，它留下了加密货币网络在2140年之后长期保持功能的可能性。不会发行比特币，但交易区块将得到确认，费用将成为主要收入来源。最终，比特币的网络可能会像一个封闭的经济体一样运作，交易费用的评估就像税收一样。</blockquote></p><p> Can the rewards be in satoshis instead of actual bitcoin? Such a practice is unlikely and would require a change in the cryptocurrency's protocol to take effect.</p><p><blockquote>奖励可以是satoshis而不是实际的比特币吗？这种做法不太可能，需要改变加密货币的协议才能生效。</blockquote></p><p> That said, it is difficult to predict the effects of Bitcoin almost reaching the overall supply promised by Satoshi Nakamoto. This is partly because Bitcoin's ecosystem is still undeveloped. The cryptocurrency was originally conceptualized as a medium of exchange but it has found more popularity as a store of value—an investing asset—instead. It is possible that Bitcoin's ecosystem and workings might undergo a transformation, similar to the one that has occured in its identity, between now and 2140.</p><p><blockquote>也就是说，很难预测比特币几乎达到中本聪承诺的总体供应量的影响。这部分是因为比特币的生态系统仍然不发达。加密货币最初被概念化为一种交换媒介，但它作为一种价值储存手段——一种投资资产——越来越受欢迎。从现在到2140年，比特币的生态系统和运作方式可能会发生转变，类似于其身份发生的转变。</blockquote></p><p> <b>Important:</b>Although there can only ever be a maximum of 21 million bitcoins, because people have lost their private keys or have died without leaving their private key instructions to anybody, the actual amount of available bitcoins in circulation could actually be millions less.</p><p><blockquote><b>重要提示：</b>尽管比特币最多只能有2100万个，但由于人们丢失了私钥或在没有将私钥指令留给任何人的情况下去世，流通中的可用比特币的实际数量实际上可能会少数百万个。</blockquote></p><p> For example, there could be a protocol change in the cryptocurrency's&nbsp;blockchain&nbsp;to allow for more than 21 million bitcoin in existence. Remember, Bitcoin is an open source cryptocurrency and can be changed to create&nbsp;hard&nbsp;or&nbsp;soft forks&nbsp;that create new cryptocurrencies or alter its functioning. Some examples of the former are&nbsp;bitcoin cash(BCHUSD),litecoin(LTCUSD), anddogecoin(DOGEUSD), which have made minor modifications to Bitcoin's source code and created new coins that have racked up billions of dollars in market valuations.</p><p><blockquote>例如，加密货币的区块链可能会发生协议变化，以允许超过2100万个比特币存在。请记住，比特币是一种开源加密货币，可以进行更改以创建硬分叉或软分叉，从而创建新的加密货币或改变其功能。前者的一些例子是比特币现金（BCHUSD）、莱特币（LTCUSD）和狗狗币（DOGEUSD），它们对比特币的源代码进行了微小的修改，并创造了市场估值达到数十亿美元的新硬币。</blockquote></p><p> <b>Effect on Bitcoin Miners</b></p><p><blockquote><b>对比特币矿工的影响</b></blockquote></p><p> Block rewards and transaction fees are the most important sources of revenue for miners—the former more so than the latter in the current setup. High prices for bitcoin enable miners to cover operational costs and sustain business profits because they can sell their rewards stash in cryptocurrency markets.</p><p><blockquote>区块奖励和交易费是矿工最重要的收入来源——在当前的设置中，前者比后者更重要。比特币的高价格使矿工能够支付运营成本并维持商业利润，因为他们可以在加密货币市场出售他们的奖励储备。</blockquote></p><p> When Bitcoin is close to reaching its limit, the reward amounts may not be enough to cover operational costs at miners, let alone generate profits. If and when the supply limit is reached, Bitcoin rewards are supposed to vanish.</p><p><blockquote>当比特币接近极限时，奖励金额可能不足以支付矿商的运营成本，更不用说产生利润了。如果达到供应限制，比特币奖励应该会消失。</blockquote></p><p> In both instances, transaction fees are expected to pick up the slack. The amount of and mechanism for these fees depends on the state of Bitcoin's network at that point in time—i.e., whether it is being used as a medium of exchange or as a store of value.&nbsp;The former may incur reasonable fees to enable Bitcoin's use in daily transactions, while the latter scenario will have miners conducting fewer and more expensive transactions.</p><p><blockquote>在这两种情况下，交易费用预计将弥补这一缺口。这些费用的金额和机制取决于比特币网络在该时间点的状态，即它是被用作交换媒介还是价值储存手段。前者可能会产生合理的费用，以使比特币能够在日常交易中使用，而后者将使矿工进行更少和更昂贵的交易。</blockquote></p><p> Another possibility being put forward is that of miners forming cartels amongst themselves. They might control supply to set high transaction fees or a fee amount that guarantees them a minimum in profits.Selfish mining&nbsp;is another possibility. In this form of mining, miners collude amongst themselves to hide new blocks and release orphan blocks that are not confirmed by Bitcoin's network. This practice will delay production of the final block in Bitcoin's network and ensure high rewards for the new blocks when they are finally released into the network.</p><p><blockquote>提出的另一种可能性是矿工之间形成卡特尔。他们可能会控制供应，以设定高额交易费用或保证最低利润的费用金额。自私采矿是另一种可能性。在这种形式的挖矿中，矿工们相互勾结隐藏新的区块，并释放未经比特币网络确认的孤立区块。这种做法将延迟比特币网络中最后一个区块的生产，并确保新区块最终发布到网络中时获得高额奖励。</blockquote></p><p> The formation of a Bitcoin miners' cartel is not a far-reaching conclusion. Such groupings already exist in other commodities whose supply is constrained or controlled. For example, oil prices are influenced to a large degree by&nbsp;OPEC's production output. Prices in the diamond industry are also reportedly set by a cartel led by mining giant DeBeers.</p><p><blockquote>比特币矿商卡特尔的形成并不是一个影响深远的结论。这种分组已经存在于供应受到限制或控制的其他商品中。例如，油价在很大程度上受到欧佩克产量的影响。据报道，钻石行业的价格也是由矿业巨头DeBeers领导的卡特尔设定的。</blockquote></p><p> <b>Effect on Bitcoin's Network</b></p><p><blockquote><b>对比特币网络的影响</b></blockquote></p><p> The most valuable and useful aspect of Bitcoin is its network.Distributed ledger technology&nbsp;is a technological solution to the time-consuming bookkeeping and accounting that characterizes most financial transactions today.</p><p><blockquote>比特币最有价值和最有用的方面是它的网络。分布式账本技术是当今大多数金融交易所特有的耗时簿记和会计的技术解决方案。</blockquote></p><p> If Bitcoin becomes popular as a medium of exchange in the future, its transaction numbers will surge. Past precedent has shown that there is a significant chance that the network will slow down. This is because Bitcoin's architecture, which relies on a distributed database to hold copies of massive ledgers, sacrifices speed for accuracy and integrity.</p><p><blockquote>如果未来比特币作为交换媒介变得流行，其交易数量将会激增。过去的先例表明，网络很有可能会变慢。这是因为比特币的架构依赖于分布式数据库来保存大量分类账的副本，为了准确性和完整性而牺牲了速度。</blockquote></p><p> In such a scenario, it is likely that Layer 2 technologies, like the Lightning Network, will become responsible for confirming a majority of transactions on its network. Therefore, the cryptocurrency's actual network itself will be used only to settle large batches of transactions.</p><p><blockquote>在这种情况下，Layer 2技术（如Lightning Network）可能会负责确认其网络上的大多数交易。因此，加密货币的实际网络本身将仅用于结算大批量交易。</blockquote></p><p></p><p> A second possibility is that the number of transactions on Bitcoin's network falls. Such a situation is possible when Bitcoin becomes a&nbsp;reserve asset. Trades involving the cryptocurrency will be few. Retail traders and small trading firms, who dominate its current trading ecosystem, will be eliminated and replaced by large institutional players and established trading firms. They will conduct fewer and more expensive trades that will incur high transaction fees from miners.</p><p><blockquote>第二种可能性是比特币网络上的交易数量下降。当比特币成为储备资产时，这种情况是可能的。涉及加密货币的交易将会很少。主导当前交易生态系统的零售交易商和小型贸易公司将被淘汰，并被大型机构参与者和老牌贸易公司取代。他们将进行更少、更昂贵的交易，这将导致矿商收取高额交易费用。</blockquote></p><p> <b>Effect on Bitcoin the Cryptocurrency</b></p><p><blockquote><b>加密货币对比特币的影响</b></blockquote></p><p> Bitcoin's inventor Satoshi Nakamoto designed the cryptocurrency to function as a medium of exchange for daily transactions. But its network has high transaction fees and slow processing times. Meanwhile, its scarcity and rising prices have become a magnet for speculative investors. Their bets on the cryptocurrency roulette have led to volatile price swings in the asset class deterring serious investors away from it. Regulators have criticized its ecosystem&nbsp;as a Wild West.</p><p><blockquote>比特币发明家中本聪设计了加密货币，作为日常交易的交换媒介。但其网络交易费用高，处理时间慢。与此同时，它的稀缺性和不断上涨的价格已经成为投机投资者的磁石。他们对加密货币轮盘赌的押注导致该资产类别的价格波动，阻止了认真的投资者远离它。监管机构批评其生态系统是狂野的西部。</blockquote></p><p> By the time that the last bitcoin is mined (or close to being mined), Bitcoin may have a more defined identity that it does currently. Side channels, like the&nbsp;Lightning Network, may have increased its network's transaction processing speed and enabled its use as a medium of exchange. Some countries like El Salvador are betting on such an eventuality and have&nbsp;made the cryptocurrency legal tender.</p><p><blockquote>当最后一个比特币被开采（或接近被开采）时，比特币可能会有一个比目前更明确的身份。侧通道，如闪电网络，可能提高了其网络的交易处理速度，并使其能够用作交换媒介。萨尔瓦多等一些国家押注于这种可能性，并已将加密货币定为法定货币。</blockquote></p><p>   <b>FAST&nbsp;FACT</b>    El Salvador made Bitcoin legal tender on June 9, 2021.It is the first country to do so. The cryptocurrency can be used for any transaction where the business can accept it. The U.S. dollar continues to be El Salvador's primary currency.  In the United States, the latest significant events are the&nbsp;Office of the Comptroller of the Currency&nbsp;(OCC) letter in January 2021 authorizing the use of crypto as a method of payment, PayPal Holdings, Inc.'s (PYPL) introduction of Bitcoin, and Tesla, Inc.'s (TSLA) acceptance of Bitcoin to purchase Tesla cars and solar roofs. Tesla reversed course on accepting Bitcoin in May 2021, citing environmental concerns around the resources required for Bitcoin mining.</p><p><blockquote><b>快速事实</b>萨尔瓦多于2021年6月9日将比特币定为法定货币。它是第一个这样做的国家。加密货币可用于企业可以接受的任何交易。美元仍然是萨尔瓦多的主要货币。在美国，最新的重大事件是货币监理署(OCC)于2021年1月致函授权使用加密货币作为支付方式、PayPal控股公司(PYPL)引入比特币，以及特斯拉公司(TSLA)接受比特币购买特斯拉汽车和太阳能屋顶。特斯拉于2021年5月改变了接受比特币的方针，理由是对比特币采矿所需资源的环境担忧。</blockquote></p><p> The increasing scarcity in its numbers will also have driven up bitcoin's price and the corresponding valuation of cryptocurrency markets. Regulators tend to move quickly when increasing amounts of capital flows into an asset class, and it is likely that crypto markets and Bitcoin will also have come under the regulatory umbrella. That will be a sign for institutional investors to move into the cryptocurrency's ecosystem and stabilize its price swings with massive liquidity.</p><p><blockquote>其数量的日益稀缺也将推高比特币的价格以及加密货币市场的相应估值。当增加流入某一资产类别的资金量时，监管机构往往会迅速采取行动，加密货币市场和比特币也很可能受到监管的保护。这将是机构投资者进入加密货币生态系统并通过大量流动性稳定其价格波动的信号。</blockquote></p><p> <b>The Bottom Line</b></p><p><blockquote><b>底线</b></blockquote></p><p> Bitcoin's 21 million supply cap is meant to control inflation that might, otherwise, result from an unlimited supply. But it has inflated the cryptocurrency's prices by making it a scarce commodity.</p><p><blockquote>比特币2100万的供应上限旨在控制通胀，否则通胀可能会因无限供应而导致。但它使加密货币成为稀缺商品，从而抬高了加密货币的价格。</blockquote></p><p> When Bitcoin reaches the supply cap, it is likely that miners will shift from block rewards to transaction fees as their main source of revenue. Development of side channels, like the Lightning Network, may result in Bitcoin's blockchain restricting itself to confirmation of large batches of transactions or ones that involve movement of significant numbers of bitcoins from one address on its blockchain to another. Bitcoin's identity—as a store of value and a medium of exchange—will also be more clearly defined than it is currently.</p><p><blockquote>当比特币达到供应上限时，矿商很可能会从区块奖励转向交易费作为其主要收入来源。闪电网络等辅助渠道的发展可能会导致比特币的区块链将自己限制在确认大批量交易或涉及大量比特币从区块链的一个地址转移到另一个地址的交易。比特币的身份——作为价值储存和交换媒介——也将比目前更加明确。</blockquote></p><p> But none of these predictions are set in stone. The kinetic pace of developments in Bitcoin's ecosystem means that it is difficult to accurately predict its future. For example, the cryptocurrency's protocol may be changed to accommodate the production of more than 21 million bitcoins. Or, it may fall just shy of reaching 21 million.</p><p><blockquote>但这些预测都不是一成不变的。比特币生态系统发展的动态步伐意味着很难准确预测其未来。例如，加密货币的协议可能会发生变化，以适应超过2100万个比特币的生产。或者，它可能会接近2100万。</blockquote></p><p> <b>Frequently Asked Questions</b></p><p><blockquote><b>常见问题</b></blockquote></p><p> <ul>  <li>What is Bitcoin's total supply?</li> </ul> The total supply of bitcoins is capped at 21 million.</p><p><blockquote><ul><li>比特币的总供应量是多少？</li></ul>比特币的总供应量上限为2100万枚。</blockquote></p><p> <ul>  <li>What will happen to miner fees when Bitcoin's supply limit is reached?</li> </ul> When Bitcoin supply reaches 21 million, miners will rely on transaction fees rather than block rewards, which will have vanished by then, for revenue.</p><p><blockquote><ul><li>当比特币达到供应上限时，矿工费用会发生什么变化？</li></ul>当比特币供应量达到2100万时，矿商将依靠交易费而不是区块奖励来获得收入，区块奖励届时将消失。</blockquote></p><p> <ul>  <li>What will happen to Bitcoin's network when it reaches the supply limit?</li> </ul> When Bitcoin reaches the 21 million supply limit, it is likely that side channels, like the Lightning Network, will do most of the heavy lifting in confirming its transactions. The cryptocurrency's blockchain be responsible for confirming only very large batches of transactions or ones that involve movement of large sums of bitcoin from one address to another.</p><p><blockquote><ul><li>当比特币的网络达到供应极限时会发生什么？</li></ul>当比特币达到2100万的供应限额时，像闪电网络这样的侧渠道很可能会承担确认其交易的大部分繁重工作。加密货币的区块链只负责确认非常大批量的交易或涉及大量比特币从一个地址转移到另一个地址的交易。</blockquote></p><p> <ul>  <li>What happens if Bitcoin supply fails to reach the 21 million cap?</li> </ul> One consequence of Bitcoin not reaching its planned cap is that it leaves open the possibility that the cryptocurrency's network will remain functional for a long time after 2140. In keeping with Bitcoin's economics, rewards for confirming these blocks will be minimal.</p><p><blockquote><ul><li>如果比特币的供应量达不到2100万的上限会怎么样？</li></ul>比特币未能达到其计划上限的一个后果是，它留下了加密货币网络在2140年之后长期保持功能的可能性。根据比特币的经济学，确认这些区块的回报将微乎其微。</blockquote></p><p></p>","source":"lsy1606203311635","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>What Happens to Bitcoin After All 21 Million Are Mined?<blockquote>2100万枚地雷全部开采后，比特币会发生什么？</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\">\nWhat Happens to Bitcoin After All 21 Million Are Mined?<blockquote>2100万枚地雷全部开采后，比特币会发生什么？</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Investopedia</strong><span class=\"h-time small\">2021-10-09 11:22</span>\n</p>\n</h4>\n</header>\n<article>\n<p><b>KEY TAKEAWAYS</b></p><p><blockquote><b>关键要点</b></blockquote></p><p> <ul>  <li>There are only 21 million bitcoins that can be mined in total.</li>  <li>Bitcoin will never reach that cap due to the use of rounding operators in its codebase.</li>  <li>As of Aug, 2021, 18.77 million bitcoins have been mined, which leaves roughly 2.3 million yet to be introduced into circulation.</li>  <li>When Bitcoin reaches its supply cap, block rewards will vanish, and miners will depend on fees from transactions occurring on the cryptocurrency's network for revenue.</li>  <li>Bitcoin's network may evolve from its current unfinished state to becoming a bridge for monetary transactions and trading.</li>  <li>Bitcoin the cryptocurrency will have a defined identity in the financial ecosystem.</li> </ul> One of the chief characteristics of Bitcoin&nbsp;is its limited supply. Other forms of money, including fiat currencies, can be printed at will by central banks—i.e., they have unlimited supply.</p><p><blockquote><ul><li>总共只有2100万个比特币可以开采。</li><li>由于在其代码库中使用了舍入运算符，比特币永远不会达到这个上限。</li><li>截至2021年8月，已有1877万枚比特币被开采，其中约230万枚尚未投入流通。</li><li>当比特币达到其供应上限时，区块奖励将消失，矿工将依赖加密货币网络上发生的交易费用来获得收入。</li><li>比特币的网络可能会从目前的未完工状态演变为货币交易和交易的桥梁。</li><li>比特币加密货币将在金融生态系统中拥有明确的身份。</li></ul>比特币的主要特点之一是供应有限。其他形式的货币，包括法定货币，可以由央行随意印刷——也就是说，它们的供应量是无限的。</blockquote></p><p> Bitcoin inventor Satoshi Nakamoto capped the number of bitcoin at 21 million, meaning there will only ever be 21 million bitcoins in existence. On average, these bitcoins are introduced to the Bitcoin supply at a fixed rate of one block every 10 minutes. In addition, the number of bitcoins released in each of these aforementioned blocks is reduced by 50% every four years. By August 2021, 18.7 million bitcoins were available, leaving roughly 2.3 million to be&nbsp;mined.The supply limitation makes Bitcoin scarce and controls inflation that might arise from an unlimited supply of the&nbsp;cryptocurrency.</p><p><blockquote>比特币发明家中本聪将比特币的数量限制在2100万，这意味着只有2100万个比特币存在。平均而言，这些比特币以每10分钟一个区块的固定速度引入比特币供应。此外，在上述每个区块中释放的比特币数量每四年减少50%。到2021年8月，有1870万个比特币可用，剩下大约230万个比特币有待开采。供应限制使比特币稀缺，并控制了加密货币无限供应可能引起的通货膨胀。</blockquote></p><p> As Bitcoin reaches its capped supply, its economics will alter. The incentives for various members in its ecosystem, such as miners and traders, will change. For example, miners may rely less on&nbsp;block rewards&nbsp;and more on transaction fees to earn revenue and profits for their operations. The cryptocurrency's network will also transform, and its participants will be different from the retail traders that populate its current ecosystem.</p><p><blockquote>随着比特币达到供应上限，其经济将发生变化。对其生态系统中各种成员（如矿工和贸易商）的激励将发生变化。例如，矿工可能较少依赖区块奖励，而更多地依赖交易费用来为其运营赚取收入和利润。加密货币的网络也将发生转变，其参与者将不同于当前生态系统中的散户交易者。</blockquote></p><p> However, given the cryptocurrency's relatively undeveloped ecosystem, it is difficult to predict with certainty the effect of Bitcoin reaching its capped supply.</p><p><blockquote>然而，鉴于加密货币相对不发达的生态系统，很难确定地预测比特币达到其上限供应的影响。</blockquote></p><p> <b>Will Bitcoin Ever Reach the 21 Million Cap?</b></p><p><blockquote><b>比特币会达到2100万英镑的上限吗？</b></blockquote></p><p> Before delving into the implications of Bitcoin's 21 million cap, it might be interesting to consider the question of whether it will ever reach that figure. Based on the cryptocurrency's current codebase and mining process, some observers say that Bitcoin may fall just shy of the 21 million figure.</p><p><blockquote>在深入研究比特币2100万英镑上限的影响之前，考虑一下它是否会达到这个数字可能会很有趣。根据加密货币目前的代码库和挖掘过程，一些观察人士表示，比特币可能会略低于2100万的数字。</blockquote></p><p> To recap, Bitcoin is \"mined\" by miners who solve cryptographic puzzles to verify and validate a block of transactions occurring in its network. Block rewards, consisting of a set number of bitcoins, are distributed to miners who successfully confirm a transaction block. The rewards are halved every four years.</p><p><blockquote>概括地说，比特币是由解决加密难题的矿工“挖掘”的，以验证和验证其网络中发生的一组交易。区块奖励由一定数量的比特币组成，分发给成功确认交易区块的矿工。奖励每四年减半。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/2d1d9aa1b5581477bf14edfde0292f21\" tg-width=\"660\" tg-height=\"513\" referrerpolicy=\"no-referrer\"><span>The rate that bitcoin are produced cuts in half about every four years. Investopedia</span></p><p><blockquote><p class=\"t-img-caption\"><span>比特币的生产速度大约每四年减半。投资百科</span></p></blockquote></p><p> When the cryptocurrency was launched, the reward for confirming a block of transactions was 50 bitcoins. In 2012, it was halved to 25 bitcoins, and it went down to 12.5 in 2016. In May 2020, miners stood to earn 6.25 bitcoin for every new block. Block rewards for Bitcoin miners will continue to be halved every four years until the final bitcoin is mined. Current estimates for mining of the final bitcoin put that date somewhere in February 2140.</p><p><blockquote>当加密货币推出时，确认一笔交易的奖励是50个比特币。2012年减半至25个比特币，2016年降至12.5个。2020年5月，每个新区块矿工将获得6.25比特币。比特币矿工的区块奖励将继续每四年减半，直到最后一个比特币被开采。目前对最终比特币开采的估计是2140年2月。</blockquote></p><p>   <b>Important:</b>The Bitcoin mining process provides bitcoin rewards to miners, but the reward size decreases periodically to control the circulation of new tokens.  According to Andreas M. Antonopoulos, author of a book about Bitcoin's workings, the 21 million figure is an \"asymptotic cap\" on the number of bitcoin in existence.In simple words, this means that, while it may reach very close to figure, the cryptocurrency will never reach that limit. This is because block rewards and Bitcoin supply are never expressed in exact terms. Bitcoin's code uses bit-shift operators—arithmetic operators used that round decimal points to the closest smallest integer in certain programming languages. Therefore, a total supply of 6.2589 bitcoins will be rounded out to the closest smallest integer, in this case 6.</p><p><blockquote><b>重要提示：</b>比特币挖矿过程为矿工提供比特币奖励，但奖励规模会周期性减少，以控制新代币的流通。根据一本关于比特币运作的书的作者Andreas M.Antonopoulos的说法，2100万这个数字是现存比特币数量的“渐近上限”。简而言之，这意味着，虽然它可能非常接近数字，但加密货币永远不会达到这一限制。这是因为块奖励和比特币供应从来没有用确切的术语来表达。比特币的代码使用位移位运算符——在某些编程语言中，用于将小数点四舍五入到最接近的最小整数的算术运算符。因此，6.2589个比特币的总供应量将四舍五入到最接近的最小整数，在本例中为6。</blockquote></p><p> While it makes calculations easier, the practice leads to losses in&nbsp;satoshis, Bitcoin's constituent units, during each block confirmation. One bitcoin is equal to 100 million satoshis. According to some, the final bitcoin block will be numbered 6,929,999, and the total supply at that time will be 20,999,999.9769 satoshis. Since bitcoin uses a bit-shift operator system,3its algorithm will round off that figure to 20,999,999 and leave the cryptocurrency just shy of its 21 million targeted cap.</p><p><blockquote>虽然这种做法使计算变得更容易，但在每次区块确认期间，这种做法会导致比特币的组成单位satoshis的损失。一个比特币等于一亿个聪。根据一些人的说法，最终的比特币区块将编号为6,929,999，届时的总供应量将为20,999,999.9769 satoshis。由于比特币使用位移位运算符系统，3its算法将把这个数字四舍五入到20,999，999，使加密货币略低于其2100万的目标上限。</blockquote></p><p> <b>What Happens When All 21 Million Bitcoin Are Mined?</b></p><p><blockquote><b>当2100万枚比特币全部被开采后会发生什么？</b></blockquote></p><p></p><p> A consequence of Bitcoin not reaching its planned cap is that it leaves open the possibility that the cryptocurrency's network will remain functional for a long time after 2140. No bitcoins will be issued, but transaction blocks will be confirmed, and fees will become the primary source of revenue. Ultimately, Bitcoin's network may function as a&nbsp;closed economy, in which transaction fees are assessed much like taxes are.</p><p><blockquote>比特币没有达到其计划上限的一个后果是，它留下了加密货币网络在2140年之后长期保持功能的可能性。不会发行比特币，但交易区块将得到确认，费用将成为主要收入来源。最终，比特币的网络可能会像一个封闭的经济体一样运作，交易费用的评估就像税收一样。</blockquote></p><p> Can the rewards be in satoshis instead of actual bitcoin? Such a practice is unlikely and would require a change in the cryptocurrency's protocol to take effect.</p><p><blockquote>奖励可以是satoshis而不是实际的比特币吗？这种做法不太可能，需要改变加密货币的协议才能生效。</blockquote></p><p> That said, it is difficult to predict the effects of Bitcoin almost reaching the overall supply promised by Satoshi Nakamoto. This is partly because Bitcoin's ecosystem is still undeveloped. The cryptocurrency was originally conceptualized as a medium of exchange but it has found more popularity as a store of value—an investing asset—instead. It is possible that Bitcoin's ecosystem and workings might undergo a transformation, similar to the one that has occured in its identity, between now and 2140.</p><p><blockquote>也就是说，很难预测比特币几乎达到中本聪承诺的总体供应量的影响。这部分是因为比特币的生态系统仍然不发达。加密货币最初被概念化为一种交换媒介，但它作为一种价值储存手段——一种投资资产——越来越受欢迎。从现在到2140年，比特币的生态系统和运作方式可能会发生转变，类似于其身份发生的转变。</blockquote></p><p> <b>Important:</b>Although there can only ever be a maximum of 21 million bitcoins, because people have lost their private keys or have died without leaving their private key instructions to anybody, the actual amount of available bitcoins in circulation could actually be millions less.</p><p><blockquote><b>重要提示：</b>尽管比特币最多只能有2100万个，但由于人们丢失了私钥或在没有将私钥指令留给任何人的情况下去世，流通中的可用比特币的实际数量实际上可能会少数百万个。</blockquote></p><p> For example, there could be a protocol change in the cryptocurrency's&nbsp;blockchain&nbsp;to allow for more than 21 million bitcoin in existence. Remember, Bitcoin is an open source cryptocurrency and can be changed to create&nbsp;hard&nbsp;or&nbsp;soft forks&nbsp;that create new cryptocurrencies or alter its functioning. Some examples of the former are&nbsp;bitcoin cash(BCHUSD),litecoin(LTCUSD), anddogecoin(DOGEUSD), which have made minor modifications to Bitcoin's source code and created new coins that have racked up billions of dollars in market valuations.</p><p><blockquote>例如，加密货币的区块链可能会发生协议变化，以允许超过2100万个比特币存在。请记住，比特币是一种开源加密货币，可以进行更改以创建硬分叉或软分叉，从而创建新的加密货币或改变其功能。前者的一些例子是比特币现金（BCHUSD）、莱特币（LTCUSD）和狗狗币（DOGEUSD），它们对比特币的源代码进行了微小的修改，并创造了市场估值达到数十亿美元的新硬币。</blockquote></p><p> <b>Effect on Bitcoin Miners</b></p><p><blockquote><b>对比特币矿工的影响</b></blockquote></p><p> Block rewards and transaction fees are the most important sources of revenue for miners—the former more so than the latter in the current setup. High prices for bitcoin enable miners to cover operational costs and sustain business profits because they can sell their rewards stash in cryptocurrency markets.</p><p><blockquote>区块奖励和交易费是矿工最重要的收入来源——在当前的设置中，前者比后者更重要。比特币的高价格使矿工能够支付运营成本并维持商业利润，因为他们可以在加密货币市场出售他们的奖励储备。</blockquote></p><p> When Bitcoin is close to reaching its limit, the reward amounts may not be enough to cover operational costs at miners, let alone generate profits. If and when the supply limit is reached, Bitcoin rewards are supposed to vanish.</p><p><blockquote>当比特币接近极限时，奖励金额可能不足以支付矿商的运营成本，更不用说产生利润了。如果达到供应限制，比特币奖励应该会消失。</blockquote></p><p> In both instances, transaction fees are expected to pick up the slack. The amount of and mechanism for these fees depends on the state of Bitcoin's network at that point in time—i.e., whether it is being used as a medium of exchange or as a store of value.&nbsp;The former may incur reasonable fees to enable Bitcoin's use in daily transactions, while the latter scenario will have miners conducting fewer and more expensive transactions.</p><p><blockquote>在这两种情况下，交易费用预计将弥补这一缺口。这些费用的金额和机制取决于比特币网络在该时间点的状态，即它是被用作交换媒介还是价值储存手段。前者可能会产生合理的费用，以使比特币能够在日常交易中使用，而后者将使矿工进行更少和更昂贵的交易。</blockquote></p><p> Another possibility being put forward is that of miners forming cartels amongst themselves. They might control supply to set high transaction fees or a fee amount that guarantees them a minimum in profits.Selfish mining&nbsp;is another possibility. In this form of mining, miners collude amongst themselves to hide new blocks and release orphan blocks that are not confirmed by Bitcoin's network. This practice will delay production of the final block in Bitcoin's network and ensure high rewards for the new blocks when they are finally released into the network.</p><p><blockquote>提出的另一种可能性是矿工之间形成卡特尔。他们可能会控制供应，以设定高额交易费用或保证最低利润的费用金额。自私采矿是另一种可能性。在这种形式的挖矿中，矿工们相互勾结隐藏新的区块，并释放未经比特币网络确认的孤立区块。这种做法将延迟比特币网络中最后一个区块的生产，并确保新区块最终发布到网络中时获得高额奖励。</blockquote></p><p> The formation of a Bitcoin miners' cartel is not a far-reaching conclusion. Such groupings already exist in other commodities whose supply is constrained or controlled. For example, oil prices are influenced to a large degree by&nbsp;OPEC's production output. Prices in the diamond industry are also reportedly set by a cartel led by mining giant DeBeers.</p><p><blockquote>比特币矿商卡特尔的形成并不是一个影响深远的结论。这种分组已经存在于供应受到限制或控制的其他商品中。例如，油价在很大程度上受到欧佩克产量的影响。据报道，钻石行业的价格也是由矿业巨头DeBeers领导的卡特尔设定的。</blockquote></p><p> <b>Effect on Bitcoin's Network</b></p><p><blockquote><b>对比特币网络的影响</b></blockquote></p><p> The most valuable and useful aspect of Bitcoin is its network.Distributed ledger technology&nbsp;is a technological solution to the time-consuming bookkeeping and accounting that characterizes most financial transactions today.</p><p><blockquote>比特币最有价值和最有用的方面是它的网络。分布式账本技术是当今大多数金融交易所特有的耗时簿记和会计的技术解决方案。</blockquote></p><p> If Bitcoin becomes popular as a medium of exchange in the future, its transaction numbers will surge. Past precedent has shown that there is a significant chance that the network will slow down. This is because Bitcoin's architecture, which relies on a distributed database to hold copies of massive ledgers, sacrifices speed for accuracy and integrity.</p><p><blockquote>如果未来比特币作为交换媒介变得流行，其交易数量将会激增。过去的先例表明，网络很有可能会变慢。这是因为比特币的架构依赖于分布式数据库来保存大量分类账的副本，为了准确性和完整性而牺牲了速度。</blockquote></p><p> In such a scenario, it is likely that Layer 2 technologies, like the Lightning Network, will become responsible for confirming a majority of transactions on its network. Therefore, the cryptocurrency's actual network itself will be used only to settle large batches of transactions.</p><p><blockquote>在这种情况下，Layer 2技术（如Lightning Network）可能会负责确认其网络上的大多数交易。因此，加密货币的实际网络本身将仅用于结算大批量交易。</blockquote></p><p></p><p> A second possibility is that the number of transactions on Bitcoin's network falls. Such a situation is possible when Bitcoin becomes a&nbsp;reserve asset. Trades involving the cryptocurrency will be few. Retail traders and small trading firms, who dominate its current trading ecosystem, will be eliminated and replaced by large institutional players and established trading firms. They will conduct fewer and more expensive trades that will incur high transaction fees from miners.</p><p><blockquote>第二种可能性是比特币网络上的交易数量下降。当比特币成为储备资产时，这种情况是可能的。涉及加密货币的交易将会很少。主导当前交易生态系统的零售交易商和小型贸易公司将被淘汰，并被大型机构参与者和老牌贸易公司取代。他们将进行更少、更昂贵的交易，这将导致矿商收取高额交易费用。</blockquote></p><p> <b>Effect on Bitcoin the Cryptocurrency</b></p><p><blockquote><b>加密货币对比特币的影响</b></blockquote></p><p> Bitcoin's inventor Satoshi Nakamoto designed the cryptocurrency to function as a medium of exchange for daily transactions. But its network has high transaction fees and slow processing times. Meanwhile, its scarcity and rising prices have become a magnet for speculative investors. Their bets on the cryptocurrency roulette have led to volatile price swings in the asset class deterring serious investors away from it. Regulators have criticized its ecosystem&nbsp;as a Wild West.</p><p><blockquote>比特币发明家中本聪设计了加密货币，作为日常交易的交换媒介。但其网络交易费用高，处理时间慢。与此同时，它的稀缺性和不断上涨的价格已经成为投机投资者的磁石。他们对加密货币轮盘赌的押注导致该资产类别的价格波动，阻止了认真的投资者远离它。监管机构批评其生态系统是狂野的西部。</blockquote></p><p> By the time that the last bitcoin is mined (or close to being mined), Bitcoin may have a more defined identity that it does currently. Side channels, like the&nbsp;Lightning Network, may have increased its network's transaction processing speed and enabled its use as a medium of exchange. Some countries like El Salvador are betting on such an eventuality and have&nbsp;made the cryptocurrency legal tender.</p><p><blockquote>当最后一个比特币被开采（或接近被开采）时，比特币可能会有一个比目前更明确的身份。侧通道，如闪电网络，可能提高了其网络的交易处理速度，并使其能够用作交换媒介。萨尔瓦多等一些国家押注于这种可能性，并已将加密货币定为法定货币。</blockquote></p><p>   <b>FAST&nbsp;FACT</b>    El Salvador made Bitcoin legal tender on June 9, 2021.It is the first country to do so. The cryptocurrency can be used for any transaction where the business can accept it. The U.S. dollar continues to be El Salvador's primary currency.  In the United States, the latest significant events are the&nbsp;Office of the Comptroller of the Currency&nbsp;(OCC) letter in January 2021 authorizing the use of crypto as a method of payment, PayPal Holdings, Inc.'s (PYPL) introduction of Bitcoin, and Tesla, Inc.'s (TSLA) acceptance of Bitcoin to purchase Tesla cars and solar roofs. Tesla reversed course on accepting Bitcoin in May 2021, citing environmental concerns around the resources required for Bitcoin mining.</p><p><blockquote><b>快速事实</b>萨尔瓦多于2021年6月9日将比特币定为法定货币。它是第一个这样做的国家。加密货币可用于企业可以接受的任何交易。美元仍然是萨尔瓦多的主要货币。在美国，最新的重大事件是货币监理署(OCC)于2021年1月致函授权使用加密货币作为支付方式、PayPal控股公司(PYPL)引入比特币，以及特斯拉公司(TSLA)接受比特币购买特斯拉汽车和太阳能屋顶。特斯拉于2021年5月改变了接受比特币的方针，理由是对比特币采矿所需资源的环境担忧。</blockquote></p><p> The increasing scarcity in its numbers will also have driven up bitcoin's price and the corresponding valuation of cryptocurrency markets. Regulators tend to move quickly when increasing amounts of capital flows into an asset class, and it is likely that crypto markets and Bitcoin will also have come under the regulatory umbrella. That will be a sign for institutional investors to move into the cryptocurrency's ecosystem and stabilize its price swings with massive liquidity.</p><p><blockquote>其数量的日益稀缺也将推高比特币的价格以及加密货币市场的相应估值。当增加流入某一资产类别的资金量时，监管机构往往会迅速采取行动，加密货币市场和比特币也很可能受到监管的保护。这将是机构投资者进入加密货币生态系统并通过大量流动性稳定其价格波动的信号。</blockquote></p><p> <b>The Bottom Line</b></p><p><blockquote><b>底线</b></blockquote></p><p> Bitcoin's 21 million supply cap is meant to control inflation that might, otherwise, result from an unlimited supply. But it has inflated the cryptocurrency's prices by making it a scarce commodity.</p><p><blockquote>比特币2100万的供应上限旨在控制通胀，否则通胀可能会因无限供应而导致。但它使加密货币成为稀缺商品，从而抬高了加密货币的价格。</blockquote></p><p> When Bitcoin reaches the supply cap, it is likely that miners will shift from block rewards to transaction fees as their main source of revenue. Development of side channels, like the Lightning Network, may result in Bitcoin's blockchain restricting itself to confirmation of large batches of transactions or ones that involve movement of significant numbers of bitcoins from one address on its blockchain to another. Bitcoin's identity—as a store of value and a medium of exchange—will also be more clearly defined than it is currently.</p><p><blockquote>当比特币达到供应上限时，矿商很可能会从区块奖励转向交易费作为其主要收入来源。闪电网络等辅助渠道的发展可能会导致比特币的区块链将自己限制在确认大批量交易或涉及大量比特币从区块链的一个地址转移到另一个地址的交易。比特币的身份——作为价值储存和交换媒介——也将比目前更加明确。</blockquote></p><p> But none of these predictions are set in stone. The kinetic pace of developments in Bitcoin's ecosystem means that it is difficult to accurately predict its future. For example, the cryptocurrency's protocol may be changed to accommodate the production of more than 21 million bitcoins. Or, it may fall just shy of reaching 21 million.</p><p><blockquote>但这些预测都不是一成不变的。比特币生态系统发展的动态步伐意味着很难准确预测其未来。例如，加密货币的协议可能会发生变化，以适应超过2100万个比特币的生产。或者，它可能会接近2100万。</blockquote></p><p> <b>Frequently Asked Questions</b></p><p><blockquote><b>常见问题</b></blockquote></p><p> <ul>  <li>What is Bitcoin's total supply?</li> </ul> The total supply of bitcoins is capped at 21 million.</p><p><blockquote><ul><li>比特币的总供应量是多少？</li></ul>比特币的总供应量上限为2100万枚。</blockquote></p><p> <ul>  <li>What will happen to miner fees when Bitcoin's supply limit is reached?</li> </ul> When Bitcoin supply reaches 21 million, miners will rely on transaction fees rather than block rewards, which will have vanished by then, for revenue.</p><p><blockquote><ul><li>当比特币达到供应上限时，矿工费用会发生什么变化？</li></ul>当比特币供应量达到2100万时，矿商将依靠交易费而不是区块奖励来获得收入，区块奖励届时将消失。</blockquote></p><p> <ul>  <li>What will happen to Bitcoin's network when it reaches the supply limit?</li> </ul> When Bitcoin reaches the 21 million supply limit, it is likely that side channels, like the Lightning Network, will do most of the heavy lifting in confirming its transactions. The cryptocurrency's blockchain be responsible for confirming only very large batches of transactions or ones that involve movement of large sums of bitcoin from one address to another.</p><p><blockquote><ul><li>当比特币的网络达到供应极限时会发生什么？</li></ul>当比特币达到2100万的供应限额时，像闪电网络这样的侧渠道很可能会承担确认其交易的大部分繁重工作。加密货币的区块链只负责确认非常大批量的交易或涉及大量比特币从一个地址转移到另一个地址的交易。</blockquote></p><p> <ul>  <li>What happens if Bitcoin supply fails to reach the 21 million cap?</li> </ul> One consequence of Bitcoin not reaching its planned cap is that it leaves open the possibility that the cryptocurrency's network will remain functional for a long time after 2140. In keeping with Bitcoin's economics, rewards for confirming these blocks will be minimal.</p><p><blockquote><ul><li>如果比特币的供应量达不到2100万的上限会怎么样？</li></ul>比特币未能达到其计划上限的一个后果是，它留下了加密货币网络在2140年之后长期保持功能的可能性。根据比特币的经济学，确认这些区块的回报将微乎其微。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.investopedia.com/tech/what-happens-bitcoin-after-21-million-mined/?utm_campaign=quote-yahoo&utm_source=yahoo&utm_medium=referral\">Investopedia</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":{"GBTC":"比特币ETF-Grayscale"},"source_url":"https://www.investopedia.com/tech/what-happens-bitcoin-after-21-million-mined/?utm_campaign=quote-yahoo&utm_source=yahoo&utm_medium=referral","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1195802602","content_text":"KEY TAKEAWAYS\n\nThere are only 21 million bitcoins that can be mined in total.\nBitcoin will never reach that cap due to the use of rounding operators in its codebase.\nAs of Aug, 2021, 18.77 million bitcoins have been mined, which leaves roughly 2.3 million yet to be introduced into circulation.\nWhen Bitcoin reaches its supply cap, block rewards will vanish, and miners will depend on fees from transactions occurring on the cryptocurrency's network for revenue.\nBitcoin's network may evolve from its current unfinished state to becoming a bridge for monetary transactions and trading.\nBitcoin the cryptocurrency will have a defined identity in the financial ecosystem.\n\nOne of the chief characteristics of Bitcoin is its limited supply. Other forms of money, including fiat currencies, can be printed at will by central banks—i.e., they have unlimited supply.\nBitcoin inventor Satoshi Nakamoto capped the number of bitcoin at 21 million, meaning there will only ever be 21 million bitcoins in existence. On average, these bitcoins are introduced to the Bitcoin supply at a fixed rate of one block every 10 minutes. In addition, the number of bitcoins released in each of these aforementioned blocks is reduced by 50% every four years. By August 2021, 18.7 million bitcoins were available, leaving roughly 2.3 million to be mined.The supply limitation makes Bitcoin scarce and controls inflation that might arise from an unlimited supply of the cryptocurrency.\nAs Bitcoin reaches its capped supply, its economics will alter. The incentives for various members in its ecosystem, such as miners and traders, will change. For example, miners may rely less on block rewards and more on transaction fees to earn revenue and profits for their operations. The cryptocurrency's network will also transform, and its participants will be different from the retail traders that populate its current ecosystem.\nHowever, given the cryptocurrency's relatively undeveloped ecosystem, it is difficult to predict with certainty the effect of Bitcoin reaching its capped supply.\nWill Bitcoin Ever Reach the 21 Million Cap?\nBefore delving into the implications of Bitcoin's 21 million cap, it might be interesting to consider the question of whether it will ever reach that figure. Based on the cryptocurrency's current codebase and mining process, some observers say that Bitcoin may fall just shy of the 21 million figure.\nTo recap, Bitcoin is \"mined\" by miners who solve cryptographic puzzles to verify and validate a block of transactions occurring in its network. Block rewards, consisting of a set number of bitcoins, are distributed to miners who successfully confirm a transaction block. The rewards are halved every four years.\nThe rate that bitcoin are produced cuts in half about every four years. Investopedia\nWhen the cryptocurrency was launched, the reward for confirming a block of transactions was 50 bitcoins. In 2012, it was halved to 25 bitcoins, and it went down to 12.5 in 2016. In May 2020, miners stood to earn 6.25 bitcoin for every new block. Block rewards for Bitcoin miners will continue to be halved every four years until the final bitcoin is mined. Current estimates for mining of the final bitcoin put that date somewhere in February 2140.\n\nImportant:The Bitcoin mining process provides bitcoin rewards to miners, but the reward size decreases periodically to control the circulation of new tokens.\n\nAccording to Andreas M. Antonopoulos, author of a book about Bitcoin's workings, the 21 million figure is an \"asymptotic cap\" on the number of bitcoin in existence.In simple words, this means that, while it may reach very close to figure, the cryptocurrency will never reach that limit. This is because block rewards and Bitcoin supply are never expressed in exact terms. Bitcoin's code uses bit-shift operators—arithmetic operators used that round decimal points to the closest smallest integer in certain programming languages. Therefore, a total supply of 6.2589 bitcoins will be rounded out to the closest smallest integer, in this case 6.\nWhile it makes calculations easier, the practice leads to losses in satoshis, Bitcoin's constituent units, during each block confirmation. One bitcoin is equal to 100 million satoshis. According to some, the final bitcoin block will be numbered 6,929,999, and the total supply at that time will be 20,999,999.9769 satoshis. Since bitcoin uses a bit-shift operator system,3its algorithm will round off that figure to 20,999,999 and leave the cryptocurrency just shy of its 21 million targeted cap.\nWhat Happens When All 21 Million Bitcoin Are Mined?\nA consequence of Bitcoin not reaching its planned cap is that it leaves open the possibility that the cryptocurrency's network will remain functional for a long time after 2140. No bitcoins will be issued, but transaction blocks will be confirmed, and fees will become the primary source of revenue. Ultimately, Bitcoin's network may function as a closed economy, in which transaction fees are assessed much like taxes are.\nCan the rewards be in satoshis instead of actual bitcoin? Such a practice is unlikely and would require a change in the cryptocurrency's protocol to take effect.\nThat said, it is difficult to predict the effects of Bitcoin almost reaching the overall supply promised by Satoshi Nakamoto. This is partly because Bitcoin's ecosystem is still undeveloped. The cryptocurrency was originally conceptualized as a medium of exchange but it has found more popularity as a store of value—an investing asset—instead. It is possible that Bitcoin's ecosystem and workings might undergo a transformation, similar to the one that has occured in its identity, between now and 2140.\nImportant:Although there can only ever be a maximum of 21 million bitcoins, because people have lost their private keys or have died without leaving their private key instructions to anybody, the actual amount of available bitcoins in circulation could actually be millions less.\nFor example, there could be a protocol change in the cryptocurrency's blockchain to allow for more than 21 million bitcoin in existence. Remember, Bitcoin is an open source cryptocurrency and can be changed to create hard or soft forks that create new cryptocurrencies or alter its functioning. Some examples of the former are bitcoin cash(BCHUSD),litecoin(LTCUSD), anddogecoin(DOGEUSD), which have made minor modifications to Bitcoin's source code and created new coins that have racked up billions of dollars in market valuations.\nEffect on Bitcoin Miners\nBlock rewards and transaction fees are the most important sources of revenue for miners—the former more so than the latter in the current setup. High prices for bitcoin enable miners to cover operational costs and sustain business profits because they can sell their rewards stash in cryptocurrency markets.\nWhen Bitcoin is close to reaching its limit, the reward amounts may not be enough to cover operational costs at miners, let alone generate profits. If and when the supply limit is reached, Bitcoin rewards are supposed to vanish.\nIn both instances, transaction fees are expected to pick up the slack. The amount of and mechanism for these fees depends on the state of Bitcoin's network at that point in time—i.e., whether it is being used as a medium of exchange or as a store of value. The former may incur reasonable fees to enable Bitcoin's use in daily transactions, while the latter scenario will have miners conducting fewer and more expensive transactions.\nAnother possibility being put forward is that of miners forming cartels amongst themselves. They might control supply to set high transaction fees or a fee amount that guarantees them a minimum in profits.Selfish mining is another possibility. In this form of mining, miners collude amongst themselves to hide new blocks and release orphan blocks that are not confirmed by Bitcoin's network. This practice will delay production of the final block in Bitcoin's network and ensure high rewards for the new blocks when they are finally released into the network.\nThe formation of a Bitcoin miners' cartel is not a far-reaching conclusion. Such groupings already exist in other commodities whose supply is constrained or controlled. For example, oil prices are influenced to a large degree by OPEC's production output. Prices in the diamond industry are also reportedly set by a cartel led by mining giant DeBeers.\nEffect on Bitcoin's Network\nThe most valuable and useful aspect of Bitcoin is its network.Distributed ledger technology is a technological solution to the time-consuming bookkeeping and accounting that characterizes most financial transactions today.\nIf Bitcoin becomes popular as a medium of exchange in the future, its transaction numbers will surge. Past precedent has shown that there is a significant chance that the network will slow down. This is because Bitcoin's architecture, which relies on a distributed database to hold copies of massive ledgers, sacrifices speed for accuracy and integrity.\nIn such a scenario, it is likely that Layer 2 technologies, like the Lightning Network, will become responsible for confirming a majority of transactions on its network. Therefore, the cryptocurrency's actual network itself will be used only to settle large batches of transactions.\nA second possibility is that the number of transactions on Bitcoin's network falls. Such a situation is possible when Bitcoin becomes a reserve asset. Trades involving the cryptocurrency will be few. Retail traders and small trading firms, who dominate its current trading ecosystem, will be eliminated and replaced by large institutional players and established trading firms. They will conduct fewer and more expensive trades that will incur high transaction fees from miners.\nEffect on Bitcoin the Cryptocurrency\nBitcoin's inventor Satoshi Nakamoto designed the cryptocurrency to function as a medium of exchange for daily transactions. But its network has high transaction fees and slow processing times. Meanwhile, its scarcity and rising prices have become a magnet for speculative investors. Their bets on the cryptocurrency roulette have led to volatile price swings in the asset class deterring serious investors away from it. Regulators have criticized its ecosystem as a Wild West.\nBy the time that the last bitcoin is mined (or close to being mined), Bitcoin may have a more defined identity that it does currently. Side channels, like the Lightning Network, may have increased its network's transaction processing speed and enabled its use as a medium of exchange. Some countries like El Salvador are betting on such an eventuality and have made the cryptocurrency legal tender.\n\nFAST FACT\n\n\n El Salvador made Bitcoin legal tender on June 9, 2021.It is the first country to do so. The cryptocurrency can be used for any transaction where the business can accept it. The U.S. dollar continues to be El Salvador's primary currency.\n\nIn the United States, the latest significant events are the Office of the Comptroller of the Currency (OCC) letter in January 2021 authorizing the use of crypto as a method of payment, PayPal Holdings, Inc.'s (PYPL) introduction of Bitcoin, and Tesla, Inc.'s (TSLA) acceptance of Bitcoin to purchase Tesla cars and solar roofs. Tesla reversed course on accepting Bitcoin in May 2021, citing environmental concerns around the resources required for Bitcoin mining.\nThe increasing scarcity in its numbers will also have driven up bitcoin's price and the corresponding valuation of cryptocurrency markets. Regulators tend to move quickly when increasing amounts of capital flows into an asset class, and it is likely that crypto markets and Bitcoin will also have come under the regulatory umbrella. That will be a sign for institutional investors to move into the cryptocurrency's ecosystem and stabilize its price swings with massive liquidity.\nThe Bottom Line\nBitcoin's 21 million supply cap is meant to control inflation that might, otherwise, result from an unlimited supply. But it has inflated the cryptocurrency's prices by making it a scarce commodity.\nWhen Bitcoin reaches the supply cap, it is likely that miners will shift from block rewards to transaction fees as their main source of revenue. Development of side channels, like the Lightning Network, may result in Bitcoin's blockchain restricting itself to confirmation of large batches of transactions or ones that involve movement of significant numbers of bitcoins from one address on its blockchain to another. Bitcoin's identity—as a store of value and a medium of exchange—will also be more clearly defined than it is currently.\nBut none of these predictions are set in stone. The kinetic pace of developments in Bitcoin's ecosystem means that it is difficult to accurately predict its future. For example, the cryptocurrency's protocol may be changed to accommodate the production of more than 21 million bitcoins. Or, it may fall just shy of reaching 21 million.\nFrequently Asked Questions\n\nWhat is Bitcoin's total supply?\n\nThe total supply of bitcoins is capped at 21 million.\n\nWhat will happen to miner fees when Bitcoin's supply limit is reached?\n\nWhen Bitcoin supply reaches 21 million, miners will rely on transaction fees rather than block rewards, which will have vanished by then, for revenue.\n\nWhat will happen to Bitcoin's network when it reaches the supply limit?\n\nWhen Bitcoin reaches the 21 million supply limit, it is likely that side channels, like the Lightning Network, will do most of the heavy lifting in confirming its transactions. The cryptocurrency's blockchain be responsible for confirming only very large batches of transactions or ones that involve movement of large sums of bitcoin from one address to another.\n\nWhat happens if Bitcoin supply fails to reach the 21 million cap?\n\nOne consequence of Bitcoin not reaching its planned cap is that it leaves open the possibility that the cryptocurrency's network will remain functional for a long time after 2140. In keeping with Bitcoin's economics, rewards for confirming these blocks will be minimal.","news_type":1,"symbols_score_info":{"MBTmain":0.9,"XBTmain":0.9,"BTCmain":0.9,"GBTC":0.9}},"isVote":1,"tweetType":1,"viewCount":465,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":139569913,"gmtCreate":1621645121232,"gmtModify":1634187473590,"author":{"id":"3581980965309451","authorId":"3581980965309451","name":"Eded","avatar":"https://static.tigerbbs.com/41a629a3014601072ee8dc2d151d1796","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581980965309451","authorIdStr":"3581980965309451"},"themes":[],"htmlText":"Nice . Local SG&nbsp;banks are still safer .&nbsp;Please like and comment&nbsp;","listText":"Nice . Local SG&nbsp;banks are still safer .&nbsp;Please like and comment&nbsp;","text":"Nice . Local SG banks are still safer . Please like and comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":6,"repostSize":0,"link":"https://laohu8.com/post/139569913","repostId":"2137906121","repostType":4,"isVote":1,"tweetType":1,"viewCount":575,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":865283265,"gmtCreate":1632987233225,"gmtModify":1632987242091,"author":{"id":"3581980965309451","authorId":"3581980965309451","name":"Eded","avatar":"https://static.tigerbbs.com/41a629a3014601072ee8dc2d151d1796","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581980965309451","authorIdStr":"3581980965309451"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/TIGR\">$Tiger Brokers(TIGR)$</a>I have placed an order for three months and the price is reaching to my buying price. Should I shift my buying price lower ?","listText":"<a href=\"https://laohu8.com/S/TIGR\">$Tiger Brokers(TIGR)$</a>I have placed an order for three months and the price is reaching to my buying price. Should I shift my buying price lower ?","text":"$Tiger Brokers(TIGR)$I have placed an order for three months and the price is reaching to my buying price. Should I shift my buying price lower ?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":4,"repostSize":0,"link":"https://laohu8.com/post/865283265","isVote":1,"tweetType":1,"viewCount":1833,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":143821324,"gmtCreate":1625788459968,"gmtModify":1633937390195,"author":{"id":"3581980965309451","authorId":"3581980965309451","name":"Eded","avatar":"https://static.tigerbbs.com/41a629a3014601072ee8dc2d151d1796","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581980965309451","authorIdStr":"3581980965309451"},"themes":[],"htmlText":"This is the good employer that many companies should follow&nbsp;","listText":"This is the good employer that many companies should follow&nbsp;","text":"This is the good employer that many companies should follow","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":4,"repostSize":0,"link":"https://laohu8.com/post/143821324","repostId":"1137658325","repostType":4,"isVote":1,"tweetType":1,"viewCount":350,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":180889172,"gmtCreate":1623198273496,"gmtModify":1634035961190,"author":{"id":"3581980965309451","authorId":"3581980965309451","name":"Eded","avatar":"https://static.tigerbbs.com/41a629a3014601072ee8dc2d151d1796","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581980965309451","authorIdStr":"3581980965309451"},"themes":[],"htmlText":"Dropping further and further …. Please like and comment&nbsp;","listText":"Dropping further and further …. Please like and comment&nbsp;","text":"Dropping further and further …. Please like and comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":5,"repostSize":0,"link":"https://laohu8.com/post/180889172","repostId":"2142952402","repostType":4,"isVote":1,"tweetType":1,"viewCount":349,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":829621024,"gmtCreate":1633501656247,"gmtModify":1633501657088,"author":{"id":"3581980965309451","authorId":"3581980965309451","name":"Eded","avatar":"https://static.tigerbbs.com/41a629a3014601072ee8dc2d151d1796","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581980965309451","authorIdStr":"3581980965309451"},"themes":[],"htmlText":"I go for Adobe , docusign , nvidia , Facebook and crowdstrike .&nbsp;","listText":"I go for Adobe , docusign , nvidia , Facebook and crowdstrike .&nbsp;","text":"I go for Adobe , docusign , nvidia , Facebook and crowdstrike .","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/829621024","repostId":"1123518290","repostType":4,"isVote":1,"tweetType":1,"viewCount":349,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":142121877,"gmtCreate":1626137479199,"gmtModify":1631883982784,"author":{"id":"3581980965309451","authorId":"3581980965309451","name":"Eded","avatar":"https://static.tigerbbs.com/41a629a3014601072ee8dc2d151d1796","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581980965309451","authorIdStr":"3581980965309451"},"themes":[],"htmlText":"Go for good quality stocks . They are the one that can push the indices even higher&nbsp;","listText":"Go for good quality stocks . They are the one that can push the indices even higher&nbsp;","text":"Go for good quality stocks . They are the one that can push the indices even higher","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":9,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/142121877","repostId":"1119839711","repostType":4,"repost":{"id":"1119839711","kind":"news","pubTimestamp":1626126339,"share":"https://www.laohu8.com/m/news/1119839711?lang=zh_CN&edition=full","pubTime":"2021-07-13 05:45","market":"us","language":"en","title":"Dow narrowly misses first close at 35,000 but all 3 stock indexes log back-to-back record finishes ahead of bank earnings<blockquote>道琼斯指数首次收于35,000点，但所有3个股指均在银行财报公布前连续创下历史新高</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1119839711","media":"MarketWatch","summary":"Dow ends just shy of 35,000 milestone.\n\nThe Dow Jones Industrial Average, S&P 500 index and Nasdaq C","content":"<p>  <b>Dow ends just shy of 35,000 milestone.</b>  The Dow Jones Industrial Average, S&amp;P 500 index and <a href=\"https://laohu8.com/S/NDAQ\">Nasdaq</a> Composite on Monday advanced to back-to-back record finishes, starting the week the way the ended last week.</p><p><blockquote><b>道琼斯指数收盘略低于35,000点的里程碑。</b>道琼斯工业平均指数、标普500指数和<a href=\"https://laohu8.com/S/NDAQ\">纳斯达克</a>周一综合指数连续创下纪录，以上周结束的方式开始了本周。</blockquote></p><p> The record finish comes as investors await semiannual testimony from Federal Reserve Chairman Jerome <a href=\"https://laohu8.com/S/POWL\">Powell</a> beginning Wednesday and a batch of economic reports throughout the week, the unofficial start of corporate quarterly results.</p><p><blockquote>创纪录的收官之际，投资者正在等待美联储主席杰罗姆的半年度证词<a href=\"https://laohu8.com/S/POWL\">鲍威尔</a>从周三开始，一批经济报告贯穿整个星期，企业季度业绩的非正式开始。</blockquote></p><p> <b>How did stock benchmarks end?</b></p><p><blockquote><b>股票基准是如何结束的？</b></blockquote></p><p> <ul>  <li>The Dow Jones Industrial AverageDJIA,+0.36%rose 126.02 points, or 0.4%, to end at a record 34,996.18.</li>  <li>S&amp;P 500 indexSPX,+0.35%added 15.08 points, or 0.4%, closing at a record 4,384.63, after touching an intraday high at 4,386.68.</li>  <li>Nasdaq Composite IndexCOMP,+0.21%advanced 31.32 points, or 0.2%, finishing at a record 14,733.24, after establishing an intraday all-time high at 14,761.08.</li> </ul> On Friday, the Dow and S&amp;P 500 finished the session at record highs, booking weekly gains of about 0.2% and 0.4%, respectively. The Nasdaq Composite finished the week at an all-time high with a 0.4% weekly gain.</p><p><blockquote><ul><li>道琼斯工业平均指数上涨126.02点，涨幅0.4%，收于创纪录的34,996.18点。</li><li>标普500指数SPX,+0.35%上涨15.08点，涨幅0.4%，收于创纪录的4,384.63点，此前触及盘中高点4,386.68点。</li><li>纳斯达克综合指数COMP,+0.21%上涨31.32点，即0.2%，收于创纪录的14,733.24点，此前盘中创下历史新高14,761.08点。</li></ul>周五，道琼斯指数和标普500指数收于历史新高，周涨幅分别约为0.2%和0.4%。纳斯达克综合指数本周收盘创下历史新高，周涨幅为0.4%。</blockquote></p><p> <b>What drove the market?</b></p><p><blockquote><b>是什么推动了市场？</b></blockquote></p><p> Major stock indexes rose to back-to-back closing records on Monday. The advance came ahead of a number of key events that could serve as catalysts later in the week, including the unofficial start of earnings season, which<b><a href=\"https://laohu8.com/S/JPM\">JPMorgan Chase</a> &amp; Co</b>.JPM,+1.43%will kick off Tuesday, Powell’s testimony on Capitol <a href=\"https://laohu8.com/S/HIL\">Hill</a>, and fresh readings on inflation.</p><p><blockquote>周一，主要股指连续上涨至收盘纪录。此次上涨发生在本周晚些时候可能成为催化剂的一些关键事件之前，包括财报季的非正式开始，<b><a href=\"https://laohu8.com/S/JPM\">摩根大通</a>&amp;Co</b>鲍威尔将于周二在国会大厦作证，摩根大通+1.43%<a href=\"https://laohu8.com/S/HIL\">山丘</a>，以及有关通货膨胀的最新读数。</blockquote></p><p> “People are thinking earnings are going to be strong and that may propel the market higher,” said John Carey, director of <a href=\"https://laohu8.com/S/EQR\">Equity</a> Income at Amundi U.S., adding that, for now, earnings have overshadowed uncertainty in <a href=\"https://laohu8.com/S/WASH\">Washington</a> over planned infrastructure spending and potentially higher corporate taxes.</p><p><blockquote>“人们认为盈利将会强劲，这可能会推动市场走高，”<a href=\"https://laohu8.com/S/EQR\">公平</a>Amundi U.S.的收入，并补充说，目前，盈利已经掩盖了<a href=\"https://laohu8.com/S/WASH\">华盛顿州</a>超过计划的基础设施支出和可能更高的公司税。</blockquote></p><p> “Most people seem to be focused on the strength of the economy and the possibility of better earnings to support stock prices, which are definitely at high levels,” Carey told MarketWatch.</p><p><blockquote>凯里对MarketWatch表示：“大多数人似乎都关注经济实力以及更好的盈利来支撑股价的可能性，而股价肯定处于高位。”</blockquote></p><p> Equity markets experienced a bout of turbulence last week before ending with a flourish, prompted partly by a drop in Treasury yields. Lower-bound rates for government debt had raised questions about the outlook for the U.S. economy in the recovery from the pandemic. The spread of the delta variant of COVID-19 has emerged as a concern, but so has the lofty valuations assigned to some segments of the market.</p><p><blockquote>股市上周经历了一轮动荡，随后以繁荣告终，部分原因是美国国债收益率下降。政府债务利率的下调引发了人们对美国经济从疫情复苏的前景的质疑。COVID-19德尔塔变异毒株的蔓延已成为一个令人担忧的问题，但某些细分市场的高估值也是一个令人担忧的问题。</blockquote></p><p> Questions about the Fed’s monetary policy in the face of growing evidence of percolating inflation also have been blamed for some of the rocky trading.</p><p><blockquote>面对越来越多的通胀渗透证据，人们对美联储货币政策的质疑也被指责为部分交易不稳定的原因。</blockquote></p><p> Yields for the 10-yearTMUBMUSD10Y,1.365%edged up less than a basis point to 1.362% on Monday, while the 30-year Treasury yieldsTMUBMUSD30Y,2.000%advanced by 1.2 basis points to 1.993%, near lows last seen in February.</p><p><blockquote>周一，10年期国债收益率MUBMUSD10Y, 1.365%小幅上涨不到一个基点至1.362%，而30年期国债收益率MUBMUSD30Y, 2.000%上涨1.2个基点至1.993%，接近2月份的低点。</blockquote></p><p> Federal Reserve Bank ofNew York President John <a href=\"https://laohu8.com/S/WMB\">Williams</a> told reportersMonday that conditions for scaling back its $120 billion a month bond-buying stimulus program have yet to be met.</p><p><blockquote>纽约联邦储备银行行长约翰<a href=\"https://laohu8.com/S/WMB\">威廉姆斯</a>周一对记者表示，缩减每月1200亿美元债券购买刺激计划的条件尚未满足。</blockquote></p><p> Although inflation and peak growth concerns continue to percolate andworry U.S. households, some strategists said those concerns may be “over-hyped” for markets.</p><p><blockquote>尽管通胀和增长峰值的担忧继续渗透并令美国家庭担忧，但一些策略师表示，这些担忧对市场来说可能被“过度炒作”。</blockquote></p><p> “Both the previous inflation concerns and the current peak growth concerns are likely over-extrapolated reflections of near-term trends that will not persist,” Glenmede’s team led by Jason Pride and Michael Reynolds, wrote in a Monday note.</p><p><blockquote>由杰森·普莱德和迈克尔·雷诺兹领导的格伦梅德团队在周一的一份报告中写道：“之前的通胀担忧和当前的增长峰值担忧都可能是对近期趋势的过度推断，不会持续下去。”</blockquote></p><p> “Markets may remain volatile as they attempt to adjust to the rapidly&nbsp;evolving information flow during the ongoing recovery from the pandemic,” but those factors “should not be disruptive of markets longer term.”</p><p><blockquote>“在从大流行中持续复苏的过程中，市场试图适应快速变化的信息流，可能会保持波动”，但这些因素“不应对市场造成长期破坏”。</blockquote></p><p> <a href=\"https://laohu8.com/S/ISBC\">Investors</a> also have been keeping an eye on delta-driven COVID infections. The U.S. leads the world with a total of 33.85 million COVID cases and in deaths with 607,156. Dr. Anthony Fauci said on Monday thatboosters weren’t needed for now, but duringa Sunday CNN inview said it was “horrifying”to see conservatives cheer for low vaccination rates, blaming “ideological rigidity” for hobbling the fight against the pandemic.</p><p><blockquote><a href=\"https://laohu8.com/S/ISBC\">投资者</a>也一直在关注delta驱动的COVID感染。美国以3385万例COVID病例和607156例死亡位居世界第一。安东尼·福奇博士周一表示，目前不需要加强剂，但周日CNN inview表示，看到保守派为低疫苗接种率欢呼是“令人震惊的”，并指责“意识形态僵化”阻碍了抗击疫情的斗争。</blockquote></p><p> “We have long warned that vaccinations would be unlikely to trigger a smooth transition to normalcy,” Ben May, <a href=\"https://laohu8.com/S/OXM\">Oxford</a> Economics’ director of global macro research wrote Monday.</p><p><blockquote>“我们长期以来一直警告说，疫苗接种不太可能引发向正常状态的平稳过渡，”本·梅说，<a href=\"https://laohu8.com/S/OXM\">牛津大学</a>经济学全球宏观研究总监周一写道。</blockquote></p><p> No key data were on deck Monday ahead of a busy week in economic reports, starting with a reading of consumer prices on Tuesday.</p><p><blockquote>在经济报告繁忙的一周之前，周一没有关键数据公布，首先是周二的消费者价格数据。</blockquote></p><p> Separately, investors also were focused on discussions among finance ministers from the G-20, who are trying to assess the potential implications of a proposal for a global minimum tax.</p><p><blockquote>另外，投资者还关注20国集团财长之间的讨论，他们正试图评估全球最低税提案的潜在影响。</blockquote></p><p></p><p> “We need sustainable sources of revenue that do not rely on further taxing workers’ wages and exacerbating the economic disparities that we are all committed to reducing,” U.S. Treasury Secretary Janet Yellen said in a speech to European Union countries about revamping the corporate tax code internationally.</p><p><blockquote>“我们需要可持续的收入来源，而不是依赖于进一步对工人工资征税和加剧我们都致力于缩小的经济差距，”美国财政部长珍妮特·耶伦在向欧盟国家发表的关于修改国际企业税法的讲话中表示。</blockquote></p><p> “We need to put an end to corporations shifting capital income to low tax jurisdictions, and to accounting gimmicks that allow them to avoid paying their fair share,” she said.</p><p><blockquote>她说：“我们需要制止企业将资本收入转移到低税收管辖区，以及让他们逃避支付公平份额的会计噱头。”</blockquote></p><p> <b>Which companies were in focus?</b></p><p><blockquote><b>哪些公司成为焦点？</b></blockquote></p><p> <ul>  <li><b><a href=\"https://laohu8.com/S/AVGO\">Broadcom</a> Inc</b>.AVGO,+1.16%shares rose 1.2% Monday afterThe Wall Street Journal reportedthe chip and software company was in talks to buy SAS Institute Inc. in a deal that could value the smashup at $15 billion to $20 billion.</li>  <li><b><a href=\"https://laohu8.com/S/AAPL\">Apple</a> Inc</b>.AAPL,-0.42%&nbsp;shares fell 0.4% a day after a Delaware federal judgedismissed a Blix Inc. suit,saying it failed to demonstrate how Apple harmed competition in the mobile operating system market.</li>  <li><b><a href=\"https://laohu8.com/S/LB\">L Brands Inc</a></b>.LB,+4.16%&nbsp;said it’s separating into two publiclytraded businesses next month, with theVictoria’s Secret &amp; Co.‘s underwear unit as “VSCO,” while the Bath &amp; BodyWorks Inc. arm under the “BBWI” ticker, starting Aug. 3.</li>  <li><b><a href=\"https://laohu8.com/S/GME\">GameStop</a>&nbsp;Inc</b>.GME,-1.04%shares shed 1% Monday after Ascendiant Capital Markets lifted its 12-month price target to $25 from $10, but still nowhere near the company’s $189.25 closing price Monday.</li>  <li>Weber, the maker of outdoor grills,has filed to go public, nearly 50 years after it’s iconic dome-like grill was made. Shares are set to&nbsp;trade on the <a href=\"https://laohu8.com/S/NWY\">New York</a> Stock Exchange under the ticker WEBR.</li>  <li>Shares of<b><a href=\"https://laohu8.com/S/SPCE.WS\">Virgin Galactic Holdings Inc</a>.</b>&nbsp;SPCEskid 17.3% Monday, it’s largest daily percent slump since March 16, 2020, a day after founder Richard Branson and five crewmates successfully flew into&nbsp;suborbital space on the company’s VSS <a href=\"https://laohu8.com/S/UNTY\">Unity</a>&nbsp;rocket-powered spaceplane.</li>  <li><b>Couchbase Inc</b>.&nbsp;BASE,&nbsp;a provider of a database for enterprise applications, set terms for its initial public offering on Monday, with plans to offer 7 million shares, priced at $20 to $23 each. The company has applied to list on Nasdaq, under the ticker ‘BASE.’</li>  <li>Shares of<b>Moderna Inc</b>.&nbsp;MRNArose 2.8% Monday after the company said it would supply 20 million doses of its COVID-19 vaccine to Argentina.</li>  <li>Shares of<b><a href=\"https://laohu8.com/S/SWI\">SolarWinds Corp</a>.</b>&nbsp;SWI&nbsp;were 1.8% lower Monday, even after the information technology infrastructure management software company provided an upbeat second-quarter revenue outlook.</li> </ul> <b>How did other assets trade?</b></p><p><blockquote><ul><li><b><a href=\"https://laohu8.com/S/AVGO\">Broadcom</a>Inc</b>.AVGO,+1.16%据《华尔街日报》报道，这家芯片和软件公司正在就收购SAS Institute Inc.进行谈判，这笔交易的估值可能达到150亿至200亿美元，周一股价上涨1.2%。</li><li><b><a href=\"https://laohu8.com/S/AAPL\">苹果</a>Inc</b>特拉华联邦法官驳回了Blix Inc.的诉讼，称该诉讼未能证明苹果如何损害了移动操作系统市场的竞争，该公司股价一天下跌0.4%。</li><li><b><a href=\"https://laohu8.com/S/LB\">L品牌公司</a></b>.LB,+4.16%表示，将于下个月分拆为两家上市公司，维多利亚的秘密(Victoria's Secret&amp;Co.)的内衣部门将更名为“VSCO”，而Bath&amp;BodyWorks Inc.的子公司将更名为“BBWI”，股票代码为“BBWI”，从8月3日开始。</li><li><b><a href=\"https://laohu8.com/S/GME\">游戏驿站</a>Inc</b>.GME,-1.04%周一，Ascendiant Capital Markets将其12个月目标价从10美元上调至25美元，但仍远未接近该公司周一189.25美元的收盘价。</li><li>户外烤架制造商韦伯(Weber)已申请上市，距其标志性的圆顶状烤架问世已近50年。股票将于<a href=\"https://laohu8.com/S/NWY\">纽约</a>证券交易所，股票代码为WEBR。</li><li>本公司之股份<b><a href=\"https://laohu8.com/S/SPCE.WS\">维珍银河控股公司</a>.</b>SPCEskid周一下跌17.3%，这是自2020年3月16日以来的最大单日跌幅，此前一天创始人理查德·布兰森(Richard Branson)和五名机组人员乘坐该公司的VSS成功飞入亚轨道空间<a href=\"https://laohu8.com/S/UNTY\">团结</a>火箭动力太空飞机。</li><li><b>沙发基地公司</b>企业应用数据库提供商.BASE周一设定了首次公开募股的条款，计划发行700万股，每股定价20至23美元。该公司已申请在纳斯达克上市，股票代码为“BASE”。</li><li>本公司之股份<b>现代公司</b>.MRNA周一上涨2.8%，此前该公司表示将向阿根廷供应2000万剂COVID-19疫苗。</li><li>本公司之股份<b><a href=\"https://laohu8.com/S/SWI\">SolarWinds公司</a>.</b>尽管这家信息技术基础设施管理软件公司提供了乐观的第二季度收入前景，SWI周一仍下跌1.8%。</li></ul><b>其他资产是如何交易的？</b></blockquote></p><p> <ul>  <li>The ICE U.S. Dollar Index&nbsp;DXY,&nbsp;a measure of the currency against six major rivals, was up 0.1%.</li>  <li>Oil futures closed lower Monday, with the U.S. benchmark&nbsp;CL00&nbsp;CL.1,-0.51%down 0.6% settling at $74.10 a barrel. Gold&nbsp;GC00&nbsp;settled 0.3% lower at $1,805.90 an ounce.</li>  <li>In European equities, the Stoxx Europe 600&nbsp;SXXP&nbsp;closed 0.7% higher, while London’s <a href=\"https://laohu8.com/S/.100.UK\">FTSE 100</a>&nbsp;UKX&nbsp;finished up 0.05% on Monday.</li>  <li>In <a href=\"https://laohu8.com/S/00662\">Asia</a>, the Shanghai Composite&nbsp;SHCOMP&nbsp;gained 0.7%, Hong Kong’s Hang Seng Index&nbsp;HSI&nbsp;rose 0.6% on the session and Japan’s Nikkei 225&nbsp;NIK&nbsp;rallied 2.3% on Monday.</li> </ul></p><p><blockquote><ul><li>衡量美元兑六个主要竞争对手的ICE美元指数DXY上涨0.1%。</li><li>石油期货周一收盘走低，美国基准Cl 00 Cl.1,-0.51%下跌0.6%，收于每桶74.10美元。黄金GC 00收跌0.3%，报每盎司1805.90美元。</li><li>欧洲股市方面，斯托克欧洲600指数收盘上涨0.7%，而伦敦股市收盘上涨0.7%<a href=\"https://laohu8.com/S/.100.UK\">富时100</a>UKX周一收盘上涨0.05%。</li><li>在<a href=\"https://laohu8.com/S/00662\">亚洲</a>周一，上证综指上涨0.7%，恒生指数恒生指数上涨0.6%，日经225指数上涨2.3%。</li></ul></blockquote></p><p></p>","source":"lsy1603348471595","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Dow narrowly misses first close at 35,000 but all 3 stock indexes log back-to-back record finishes ahead of bank earnings<blockquote>道琼斯指数首次收于35,000点，但所有3个股指均在银行财报公布前连续创下历史新高</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\">\nDow narrowly misses first close at 35,000 but all 3 stock indexes log back-to-back record finishes ahead of bank earnings<blockquote>道琼斯指数首次收于35,000点，但所有3个股指均在银行财报公布前连续创下历史新高</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">MarketWatch</strong><span class=\"h-time small\">2021-07-13 05:45</span>\n</p>\n</h4>\n</header>\n<article>\n<p>  <b>Dow ends just shy of 35,000 milestone.</b>  The Dow Jones Industrial Average, S&amp;P 500 index and <a href=\"https://laohu8.com/S/NDAQ\">Nasdaq</a> Composite on Monday advanced to back-to-back record finishes, starting the week the way the ended last week.</p><p><blockquote><b>道琼斯指数收盘略低于35,000点的里程碑。</b>道琼斯工业平均指数、标普500指数和<a href=\"https://laohu8.com/S/NDAQ\">纳斯达克</a>周一综合指数连续创下纪录，以上周结束的方式开始了本周。</blockquote></p><p> The record finish comes as investors await semiannual testimony from Federal Reserve Chairman Jerome <a href=\"https://laohu8.com/S/POWL\">Powell</a> beginning Wednesday and a batch of economic reports throughout the week, the unofficial start of corporate quarterly results.</p><p><blockquote>创纪录的收官之际，投资者正在等待美联储主席杰罗姆的半年度证词<a href=\"https://laohu8.com/S/POWL\">鲍威尔</a>从周三开始，一批经济报告贯穿整个星期，企业季度业绩的非正式开始。</blockquote></p><p> <b>How did stock benchmarks end?</b></p><p><blockquote><b>股票基准是如何结束的？</b></blockquote></p><p> <ul>  <li>The Dow Jones Industrial AverageDJIA,+0.36%rose 126.02 points, or 0.4%, to end at a record 34,996.18.</li>  <li>S&amp;P 500 indexSPX,+0.35%added 15.08 points, or 0.4%, closing at a record 4,384.63, after touching an intraday high at 4,386.68.</li>  <li>Nasdaq Composite IndexCOMP,+0.21%advanced 31.32 points, or 0.2%, finishing at a record 14,733.24, after establishing an intraday all-time high at 14,761.08.</li> </ul> On Friday, the Dow and S&amp;P 500 finished the session at record highs, booking weekly gains of about 0.2% and 0.4%, respectively. The Nasdaq Composite finished the week at an all-time high with a 0.4% weekly gain.</p><p><blockquote><ul><li>道琼斯工业平均指数上涨126.02点，涨幅0.4%，收于创纪录的34,996.18点。</li><li>标普500指数SPX,+0.35%上涨15.08点，涨幅0.4%，收于创纪录的4,384.63点，此前触及盘中高点4,386.68点。</li><li>纳斯达克综合指数COMP,+0.21%上涨31.32点，即0.2%，收于创纪录的14,733.24点，此前盘中创下历史新高14,761.08点。</li></ul>周五，道琼斯指数和标普500指数收于历史新高，周涨幅分别约为0.2%和0.4%。纳斯达克综合指数本周收盘创下历史新高，周涨幅为0.4%。</blockquote></p><p> <b>What drove the market?</b></p><p><blockquote><b>是什么推动了市场？</b></blockquote></p><p> Major stock indexes rose to back-to-back closing records on Monday. The advance came ahead of a number of key events that could serve as catalysts later in the week, including the unofficial start of earnings season, which<b><a href=\"https://laohu8.com/S/JPM\">JPMorgan Chase</a> &amp; Co</b>.JPM,+1.43%will kick off Tuesday, Powell’s testimony on Capitol <a href=\"https://laohu8.com/S/HIL\">Hill</a>, and fresh readings on inflation.</p><p><blockquote>周一，主要股指连续上涨至收盘纪录。此次上涨发生在本周晚些时候可能成为催化剂的一些关键事件之前，包括财报季的非正式开始，<b><a href=\"https://laohu8.com/S/JPM\">摩根大通</a>&amp;Co</b>鲍威尔将于周二在国会大厦作证，摩根大通+1.43%<a href=\"https://laohu8.com/S/HIL\">山丘</a>，以及有关通货膨胀的最新读数。</blockquote></p><p> “People are thinking earnings are going to be strong and that may propel the market higher,” said John Carey, director of <a href=\"https://laohu8.com/S/EQR\">Equity</a> Income at Amundi U.S., adding that, for now, earnings have overshadowed uncertainty in <a href=\"https://laohu8.com/S/WASH\">Washington</a> over planned infrastructure spending and potentially higher corporate taxes.</p><p><blockquote>“人们认为盈利将会强劲，这可能会推动市场走高，”<a href=\"https://laohu8.com/S/EQR\">公平</a>Amundi U.S.的收入，并补充说，目前，盈利已经掩盖了<a href=\"https://laohu8.com/S/WASH\">华盛顿州</a>超过计划的基础设施支出和可能更高的公司税。</blockquote></p><p> “Most people seem to be focused on the strength of the economy and the possibility of better earnings to support stock prices, which are definitely at high levels,” Carey told MarketWatch.</p><p><blockquote>凯里对MarketWatch表示：“大多数人似乎都关注经济实力以及更好的盈利来支撑股价的可能性，而股价肯定处于高位。”</blockquote></p><p> Equity markets experienced a bout of turbulence last week before ending with a flourish, prompted partly by a drop in Treasury yields. Lower-bound rates for government debt had raised questions about the outlook for the U.S. economy in the recovery from the pandemic. The spread of the delta variant of COVID-19 has emerged as a concern, but so has the lofty valuations assigned to some segments of the market.</p><p><blockquote>股市上周经历了一轮动荡，随后以繁荣告终，部分原因是美国国债收益率下降。政府债务利率的下调引发了人们对美国经济从疫情复苏的前景的质疑。COVID-19德尔塔变异毒株的蔓延已成为一个令人担忧的问题，但某些细分市场的高估值也是一个令人担忧的问题。</blockquote></p><p> Questions about the Fed’s monetary policy in the face of growing evidence of percolating inflation also have been blamed for some of the rocky trading.</p><p><blockquote>面对越来越多的通胀渗透证据，人们对美联储货币政策的质疑也被指责为部分交易不稳定的原因。</blockquote></p><p> Yields for the 10-yearTMUBMUSD10Y,1.365%edged up less than a basis point to 1.362% on Monday, while the 30-year Treasury yieldsTMUBMUSD30Y,2.000%advanced by 1.2 basis points to 1.993%, near lows last seen in February.</p><p><blockquote>周一，10年期国债收益率MUBMUSD10Y, 1.365%小幅上涨不到一个基点至1.362%，而30年期国债收益率MUBMUSD30Y, 2.000%上涨1.2个基点至1.993%，接近2月份的低点。</blockquote></p><p> Federal Reserve Bank ofNew York President John <a href=\"https://laohu8.com/S/WMB\">Williams</a> told reportersMonday that conditions for scaling back its $120 billion a month bond-buying stimulus program have yet to be met.</p><p><blockquote>纽约联邦储备银行行长约翰<a href=\"https://laohu8.com/S/WMB\">威廉姆斯</a>周一对记者表示，缩减每月1200亿美元债券购买刺激计划的条件尚未满足。</blockquote></p><p> Although inflation and peak growth concerns continue to percolate andworry U.S. households, some strategists said those concerns may be “over-hyped” for markets.</p><p><blockquote>尽管通胀和增长峰值的担忧继续渗透并令美国家庭担忧，但一些策略师表示，这些担忧对市场来说可能被“过度炒作”。</blockquote></p><p> “Both the previous inflation concerns and the current peak growth concerns are likely over-extrapolated reflections of near-term trends that will not persist,” Glenmede’s team led by Jason Pride and Michael Reynolds, wrote in a Monday note.</p><p><blockquote>由杰森·普莱德和迈克尔·雷诺兹领导的格伦梅德团队在周一的一份报告中写道：“之前的通胀担忧和当前的增长峰值担忧都可能是对近期趋势的过度推断，不会持续下去。”</blockquote></p><p> “Markets may remain volatile as they attempt to adjust to the rapidly&nbsp;evolving information flow during the ongoing recovery from the pandemic,” but those factors “should not be disruptive of markets longer term.”</p><p><blockquote>“在从大流行中持续复苏的过程中，市场试图适应快速变化的信息流，可能会保持波动”，但这些因素“不应对市场造成长期破坏”。</blockquote></p><p> <a href=\"https://laohu8.com/S/ISBC\">Investors</a> also have been keeping an eye on delta-driven COVID infections. The U.S. leads the world with a total of 33.85 million COVID cases and in deaths with 607,156. Dr. Anthony Fauci said on Monday thatboosters weren’t needed for now, but duringa Sunday CNN inview said it was “horrifying”to see conservatives cheer for low vaccination rates, blaming “ideological rigidity” for hobbling the fight against the pandemic.</p><p><blockquote><a href=\"https://laohu8.com/S/ISBC\">投资者</a>也一直在关注delta驱动的COVID感染。美国以3385万例COVID病例和607156例死亡位居世界第一。安东尼·福奇博士周一表示，目前不需要加强剂，但周日CNN inview表示，看到保守派为低疫苗接种率欢呼是“令人震惊的”，并指责“意识形态僵化”阻碍了抗击疫情的斗争。</blockquote></p><p> “We have long warned that vaccinations would be unlikely to trigger a smooth transition to normalcy,” Ben May, <a href=\"https://laohu8.com/S/OXM\">Oxford</a> Economics’ director of global macro research wrote Monday.</p><p><blockquote>“我们长期以来一直警告说，疫苗接种不太可能引发向正常状态的平稳过渡，”本·梅说，<a href=\"https://laohu8.com/S/OXM\">牛津大学</a>经济学全球宏观研究总监周一写道。</blockquote></p><p> No key data were on deck Monday ahead of a busy week in economic reports, starting with a reading of consumer prices on Tuesday.</p><p><blockquote>在经济报告繁忙的一周之前，周一没有关键数据公布，首先是周二的消费者价格数据。</blockquote></p><p> Separately, investors also were focused on discussions among finance ministers from the G-20, who are trying to assess the potential implications of a proposal for a global minimum tax.</p><p><blockquote>另外，投资者还关注20国集团财长之间的讨论，他们正试图评估全球最低税提案的潜在影响。</blockquote></p><p></p><p> “We need sustainable sources of revenue that do not rely on further taxing workers’ wages and exacerbating the economic disparities that we are all committed to reducing,” U.S. Treasury Secretary Janet Yellen said in a speech to European Union countries about revamping the corporate tax code internationally.</p><p><blockquote>“我们需要可持续的收入来源，而不是依赖于进一步对工人工资征税和加剧我们都致力于缩小的经济差距，”美国财政部长珍妮特·耶伦在向欧盟国家发表的关于修改国际企业税法的讲话中表示。</blockquote></p><p> “We need to put an end to corporations shifting capital income to low tax jurisdictions, and to accounting gimmicks that allow them to avoid paying their fair share,” she said.</p><p><blockquote>她说：“我们需要制止企业将资本收入转移到低税收管辖区，以及让他们逃避支付公平份额的会计噱头。”</blockquote></p><p> <b>Which companies were in focus?</b></p><p><blockquote><b>哪些公司成为焦点？</b></blockquote></p><p> <ul>  <li><b><a href=\"https://laohu8.com/S/AVGO\">Broadcom</a> Inc</b>.AVGO,+1.16%shares rose 1.2% Monday afterThe Wall Street Journal reportedthe chip and software company was in talks to buy SAS Institute Inc. in a deal that could value the smashup at $15 billion to $20 billion.</li>  <li><b><a href=\"https://laohu8.com/S/AAPL\">Apple</a> Inc</b>.AAPL,-0.42%&nbsp;shares fell 0.4% a day after a Delaware federal judgedismissed a Blix Inc. suit,saying it failed to demonstrate how Apple harmed competition in the mobile operating system market.</li>  <li><b><a href=\"https://laohu8.com/S/LB\">L Brands Inc</a></b>.LB,+4.16%&nbsp;said it’s separating into two publiclytraded businesses next month, with theVictoria’s Secret &amp; Co.‘s underwear unit as “VSCO,” while the Bath &amp; BodyWorks Inc. arm under the “BBWI” ticker, starting Aug. 3.</li>  <li><b><a href=\"https://laohu8.com/S/GME\">GameStop</a>&nbsp;Inc</b>.GME,-1.04%shares shed 1% Monday after Ascendiant Capital Markets lifted its 12-month price target to $25 from $10, but still nowhere near the company’s $189.25 closing price Monday.</li>  <li>Weber, the maker of outdoor grills,has filed to go public, nearly 50 years after it’s iconic dome-like grill was made. Shares are set to&nbsp;trade on the <a href=\"https://laohu8.com/S/NWY\">New York</a> Stock Exchange under the ticker WEBR.</li>  <li>Shares of<b><a href=\"https://laohu8.com/S/SPCE.WS\">Virgin Galactic Holdings Inc</a>.</b>&nbsp;SPCEskid 17.3% Monday, it’s largest daily percent slump since March 16, 2020, a day after founder Richard Branson and five crewmates successfully flew into&nbsp;suborbital space on the company’s VSS <a href=\"https://laohu8.com/S/UNTY\">Unity</a>&nbsp;rocket-powered spaceplane.</li>  <li><b>Couchbase Inc</b>.&nbsp;BASE,&nbsp;a provider of a database for enterprise applications, set terms for its initial public offering on Monday, with plans to offer 7 million shares, priced at $20 to $23 each. The company has applied to list on Nasdaq, under the ticker ‘BASE.’</li>  <li>Shares of<b>Moderna Inc</b>.&nbsp;MRNArose 2.8% Monday after the company said it would supply 20 million doses of its COVID-19 vaccine to Argentina.</li>  <li>Shares of<b><a href=\"https://laohu8.com/S/SWI\">SolarWinds Corp</a>.</b>&nbsp;SWI&nbsp;were 1.8% lower Monday, even after the information technology infrastructure management software company provided an upbeat second-quarter revenue outlook.</li> </ul> <b>How did other assets trade?</b></p><p><blockquote><ul><li><b><a href=\"https://laohu8.com/S/AVGO\">Broadcom</a>Inc</b>.AVGO,+1.16%据《华尔街日报》报道，这家芯片和软件公司正在就收购SAS Institute Inc.进行谈判，这笔交易的估值可能达到150亿至200亿美元，周一股价上涨1.2%。</li><li><b><a href=\"https://laohu8.com/S/AAPL\">苹果</a>Inc</b>特拉华联邦法官驳回了Blix Inc.的诉讼，称该诉讼未能证明苹果如何损害了移动操作系统市场的竞争，该公司股价一天下跌0.4%。</li><li><b><a href=\"https://laohu8.com/S/LB\">L品牌公司</a></b>.LB,+4.16%表示，将于下个月分拆为两家上市公司，维多利亚的秘密(Victoria's Secret&amp;Co.)的内衣部门将更名为“VSCO”，而Bath&amp;BodyWorks Inc.的子公司将更名为“BBWI”，股票代码为“BBWI”，从8月3日开始。</li><li><b><a href=\"https://laohu8.com/S/GME\">游戏驿站</a>Inc</b>.GME,-1.04%周一，Ascendiant Capital Markets将其12个月目标价从10美元上调至25美元，但仍远未接近该公司周一189.25美元的收盘价。</li><li>户外烤架制造商韦伯(Weber)已申请上市，距其标志性的圆顶状烤架问世已近50年。股票将于<a href=\"https://laohu8.com/S/NWY\">纽约</a>证券交易所，股票代码为WEBR。</li><li>本公司之股份<b><a href=\"https://laohu8.com/S/SPCE.WS\">维珍银河控股公司</a>.</b>SPCEskid周一下跌17.3%，这是自2020年3月16日以来的最大单日跌幅，此前一天创始人理查德·布兰森(Richard Branson)和五名机组人员乘坐该公司的VSS成功飞入亚轨道空间<a href=\"https://laohu8.com/S/UNTY\">团结</a>火箭动力太空飞机。</li><li><b>沙发基地公司</b>企业应用数据库提供商.BASE周一设定了首次公开募股的条款，计划发行700万股，每股定价20至23美元。该公司已申请在纳斯达克上市，股票代码为“BASE”。</li><li>本公司之股份<b>现代公司</b>.MRNA周一上涨2.8%，此前该公司表示将向阿根廷供应2000万剂COVID-19疫苗。</li><li>本公司之股份<b><a href=\"https://laohu8.com/S/SWI\">SolarWinds公司</a>.</b>尽管这家信息技术基础设施管理软件公司提供了乐观的第二季度收入前景，SWI周一仍下跌1.8%。</li></ul><b>其他资产是如何交易的？</b></blockquote></p><p> <ul>  <li>The ICE U.S. Dollar Index&nbsp;DXY,&nbsp;a measure of the currency against six major rivals, was up 0.1%.</li>  <li>Oil futures closed lower Monday, with the U.S. benchmark&nbsp;CL00&nbsp;CL.1,-0.51%down 0.6% settling at $74.10 a barrel. Gold&nbsp;GC00&nbsp;settled 0.3% lower at $1,805.90 an ounce.</li>  <li>In European equities, the Stoxx Europe 600&nbsp;SXXP&nbsp;closed 0.7% higher, while London’s <a href=\"https://laohu8.com/S/.100.UK\">FTSE 100</a>&nbsp;UKX&nbsp;finished up 0.05% on Monday.</li>  <li>In <a href=\"https://laohu8.com/S/00662\">Asia</a>, the Shanghai Composite&nbsp;SHCOMP&nbsp;gained 0.7%, Hong Kong’s Hang Seng Index&nbsp;HSI&nbsp;rose 0.6% on the session and Japan’s Nikkei 225&nbsp;NIK&nbsp;rallied 2.3% on Monday.</li> </ul></p><p><blockquote><ul><li>衡量美元兑六个主要竞争对手的ICE美元指数DXY上涨0.1%。</li><li>石油期货周一收盘走低，美国基准Cl 00 Cl.1,-0.51%下跌0.6%，收于每桶74.10美元。黄金GC 00收跌0.3%，报每盎司1805.90美元。</li><li>欧洲股市方面，斯托克欧洲600指数收盘上涨0.7%，而伦敦股市收盘上涨0.7%<a href=\"https://laohu8.com/S/.100.UK\">富时100</a>UKX周一收盘上涨0.05%。</li><li>在<a href=\"https://laohu8.com/S/00662\">亚洲</a>周一，上证综指上涨0.7%，恒生指数恒生指数上涨0.6%，日经225指数上涨2.3%。</li></ul></blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.marketwatch.com/story/dow-set-for-pullback-from-records-tech-stocks-seen-buoyant-as-investors-await-earnings-powell-and-fresh-inflation-data-11626089989?mod=hp_LATEST\">MarketWatch</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite",".DJI":"道琼斯","SPY":"标普500ETF"},"source_url":"https://www.marketwatch.com/story/dow-set-for-pullback-from-records-tech-stocks-seen-buoyant-as-investors-await-earnings-powell-and-fresh-inflation-data-11626089989?mod=hp_LATEST","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1119839711","content_text":"Dow ends just shy of 35,000 milestone.\n\nThe Dow Jones Industrial Average, S&P 500 index and Nasdaq Composite on Monday advanced to back-to-back record finishes, starting the week the way the ended last week.\nThe record finish comes as investors await semiannual testimony from Federal Reserve Chairman Jerome Powell beginning Wednesday and a batch of economic reports throughout the week, the unofficial start of corporate quarterly results.\nHow did stock benchmarks end?\n\nThe Dow Jones Industrial AverageDJIA,+0.36%rose 126.02 points, or 0.4%, to end at a record 34,996.18.\nS&P 500 indexSPX,+0.35%added 15.08 points, or 0.4%, closing at a record 4,384.63, after touching an intraday high at 4,386.68.\nNasdaq Composite IndexCOMP,+0.21%advanced 31.32 points, or 0.2%, finishing at a record 14,733.24, after establishing an intraday all-time high at 14,761.08.\n\nOn Friday, the Dow and S&P 500 finished the session at record highs, booking weekly gains of about 0.2% and 0.4%, respectively. The Nasdaq Composite finished the week at an all-time high with a 0.4% weekly gain.\nWhat drove the market?\nMajor stock indexes rose to back-to-back closing records on Monday. The advance came ahead of a number of key events that could serve as catalysts later in the week, including the unofficial start of earnings season, whichJPMorgan Chase & Co.JPM,+1.43%will kick off Tuesday, Powell’s testimony on Capitol Hill, and fresh readings on inflation.\n“People are thinking earnings are going to be strong and that may propel the market higher,” said John Carey, director of Equity Income at Amundi U.S., adding that, for now, earnings have overshadowed uncertainty in Washington over planned infrastructure spending and potentially higher corporate taxes.\n“Most people seem to be focused on the strength of the economy and the possibility of better earnings to support stock prices, which are definitely at high levels,” Carey told MarketWatch.\nEquity markets experienced a bout of turbulence last week before ending with a flourish, prompted partly by a drop in Treasury yields. Lower-bound rates for government debt had raised questions about the outlook for the U.S. economy in the recovery from the pandemic. The spread of the delta variant of COVID-19 has emerged as a concern, but so has the lofty valuations assigned to some segments of the market.\nQuestions about the Fed’s monetary policy in the face of growing evidence of percolating inflation also have been blamed for some of the rocky trading.\nYields for the 10-yearTMUBMUSD10Y,1.365%edged up less than a basis point to 1.362% on Monday, while the 30-year Treasury yieldsTMUBMUSD30Y,2.000%advanced by 1.2 basis points to 1.993%, near lows last seen in February.\nFederal Reserve Bank ofNew York President John Williams told reportersMonday that conditions for scaling back its $120 billion a month bond-buying stimulus program have yet to be met.\nAlthough inflation and peak growth concerns continue to percolate andworry U.S. households, some strategists said those concerns may be “over-hyped” for markets.\n“Both the previous inflation concerns and the current peak growth concerns are likely over-extrapolated reflections of near-term trends that will not persist,” Glenmede’s team led by Jason Pride and Michael Reynolds, wrote in a Monday note.\n“Markets may remain volatile as they attempt to adjust to the rapidly evolving information flow during the ongoing recovery from the pandemic,” but those factors “should not be disruptive of markets longer term.”\nInvestors also have been keeping an eye on delta-driven COVID infections. The U.S. leads the world with a total of 33.85 million COVID cases and in deaths with 607,156. Dr. Anthony Fauci said on Monday thatboosters weren’t needed for now, but duringa Sunday CNN inview said it was “horrifying”to see conservatives cheer for low vaccination rates, blaming “ideological rigidity” for hobbling the fight against the pandemic.\n“We have long warned that vaccinations would be unlikely to trigger a smooth transition to normalcy,” Ben May, Oxford Economics’ director of global macro research wrote Monday.\nNo key data were on deck Monday ahead of a busy week in economic reports, starting with a reading of consumer prices on Tuesday.\nSeparately, investors also were focused on discussions among finance ministers from the G-20, who are trying to assess the potential implications of a proposal for a global minimum tax.\n“We need sustainable sources of revenue that do not rely on further taxing workers’ wages and exacerbating the economic disparities that we are all committed to reducing,” U.S. Treasury Secretary Janet Yellen said in a speech to European Union countries about revamping the corporate tax code internationally.\n“We need to put an end to corporations shifting capital income to low tax jurisdictions, and to accounting gimmicks that allow them to avoid paying their fair share,” she said.\nWhich companies were in focus?\n\nBroadcom Inc.AVGO,+1.16%shares rose 1.2% Monday afterThe Wall Street Journal reportedthe chip and software company was in talks to buy SAS Institute Inc. in a deal that could value the smashup at $15 billion to $20 billion.\nApple Inc.AAPL,-0.42% shares fell 0.4% a day after a Delaware federal judgedismissed a Blix Inc. suit,saying it failed to demonstrate how Apple harmed competition in the mobile operating system market.\nL Brands Inc.LB,+4.16% said it’s separating into two publiclytraded businesses next month, with theVictoria’s Secret & Co.‘s underwear unit as “VSCO,” while the Bath & BodyWorks Inc. arm under the “BBWI” ticker, starting Aug. 3.\nGameStop Inc.GME,-1.04%shares shed 1% Monday after Ascendiant Capital Markets lifted its 12-month price target to $25 from $10, but still nowhere near the company’s $189.25 closing price Monday.\nWeber, the maker of outdoor grills,has filed to go public, nearly 50 years after it’s iconic dome-like grill was made. Shares are set to trade on the New York Stock Exchange under the ticker WEBR.\nShares ofVirgin Galactic Holdings Inc. SPCEskid 17.3% Monday, it’s largest daily percent slump since March 16, 2020, a day after founder Richard Branson and five crewmates successfully flew into suborbital space on the company’s VSS Unity rocket-powered spaceplane.\nCouchbase Inc. BASE, a provider of a database for enterprise applications, set terms for its initial public offering on Monday, with plans to offer 7 million shares, priced at $20 to $23 each. The company has applied to list on Nasdaq, under the ticker ‘BASE.’\nShares ofModerna Inc. MRNArose 2.8% Monday after the company said it would supply 20 million doses of its COVID-19 vaccine to Argentina.\nShares ofSolarWinds Corp. SWI were 1.8% lower Monday, even after the information technology infrastructure management software company provided an upbeat second-quarter revenue outlook.\n\nHow did other assets trade?\n\nThe ICE U.S. Dollar Index DXY, a measure of the currency against six major rivals, was up 0.1%.\nOil futures closed lower Monday, with the U.S. benchmark CL00 CL.1,-0.51%down 0.6% settling at $74.10 a barrel. Gold GC00 settled 0.3% lower at $1,805.90 an ounce.\nIn European equities, the Stoxx Europe 600 SXXP closed 0.7% higher, while London’s FTSE 100 UKX finished up 0.05% on Monday.\nIn Asia, the Shanghai Composite SHCOMP gained 0.7%, Hong Kong’s Hang Seng Index HSI rose 0.6% on the session and Japan’s Nikkei 225 NIK rallied 2.3% on Monday.","news_type":1,"symbols_score_info":{".IXIC":0.9,".SPX":0.9,".DJI":0.9,"SPY":0.9}},"isVote":1,"tweetType":1,"viewCount":374,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":156097046,"gmtCreate":1625185116485,"gmtModify":1633942821526,"author":{"id":"3581980965309451","authorId":"3581980965309451","name":"Eded","avatar":"https://static.tigerbbs.com/41a629a3014601072ee8dc2d151d1796","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581980965309451","authorIdStr":"3581980965309451"},"themes":[],"htmlText":"The more the index rose, the higher the probability of showing correction. This is what I am worried of .. hold tight&nbsp;","listText":"The more the index rose, the higher the probability of showing correction. This is what I am worried of .. hold tight&nbsp;","text":"The more the index rose, the higher the probability of showing correction. This is what I am worried of .. hold tight","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/156097046","repostId":"1175817125","repostType":4,"repost":{"id":"1175817125","kind":"news","pubTimestamp":1625180880,"share":"https://www.laohu8.com/m/news/1175817125?lang=zh_CN&edition=full","pubTime":"2021-07-02 07:08","market":"us","language":"en","title":"S&P 500 winning streak extends to sixth straight record close<blockquote>标普500连胜纪录延续至六连胜纪录收盘</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1175817125","media":"Reuters","summary":"NEW YORK  - The S&P 500 reached its sixth consecutive all-time closing high on Thursday, as a new quarter and the second half of the year began with upbeat economic data and a broad-based rally.Investors now eye Friday’s much-anticipated employment report.The bellwether index is enjoying its longest winning streak since early February, and the last time it logged six straight all-time highs was last August.“Historical data shows if you have a strong first half, the second half of the year was ac","content":"<p>NEW YORK (Reuters) - The S&amp;P 500 reached its sixth consecutive all-time closing high on Thursday, as a new quarter and the second half of the year began with upbeat economic data and a broad-based rally.</p><p><blockquote>路透纽约4月5日电——标普500周四连续第六次创下历史收盘新高，新的季度和下半年以乐观的经济数据和广泛的反弹开始。</blockquote></p><p> Investors now eye Friday’s much-anticipated employment report.</p><p><blockquote>投资者现在关注周五备受期待的就业报告。</blockquote></p><p> The bellwether index is enjoying its longest winning streak since early February, and the last time it logged six straight all-time highs was last August.</p><p><blockquote>该领头羊指数正在享受自2月初以来最长的连涨，上一次连续六次创下历史新高是在去年8月。</blockquote></p><p> “Historical data shows if you have a strong first half, the second half of the year was actually going even stronger,” said Ross Mayfield, investment strategy analyst with Baird Private Wealth.</p><p><blockquote>Baird Private Wealth投资策略分析师罗斯·梅菲尔德(Ross Mayfield)表示：“历史数据显示，如果上半年表现强劲，那么下半年实际上会更加强劲。”</blockquote></p><p> All three major U.S. stock indexes ended the session in positive territory, but a decline in tech shares - led by microchips - tempered the Nasdaq’s gain.</p><p><blockquote>美国三大股指均收涨，但以微芯片为首的科技股下跌削弱了纳斯达克的涨幅。</blockquote></p><p> The Philadelphia SE Semiconductor index slid 1.5%</p><p><blockquote>费城SE半导体指数下跌1.5%</blockquote></p><p> “For markets so far this year, boring is beautiful,” said David Carter, chief investment officer at Lenox Wealth Advisors in New York. “Economic growth has been strong enough to support prices and many asset classes are trading with historically low volatility.”</p><p><blockquote>纽约Lenox Wealth Advisors首席投资官David Carter表示：“对于今年迄今为止的市场来说，无聊是美好的。”“经济增长强劲，足以支撑价格，许多资产类别的交易波动性处于历史低位。”</blockquote></p><p> “It feels like investors left for the Fourth of July weekend about three months ago.”</p><p><blockquote>“感觉投资者大约三个月前就离开了7月4日周末。”</blockquote></p><p> The ongoing worker shortage, attributed to federal emergency unemployment benefits, a childcare shortage and lingering pandemic fears, was a common theme in the day’s economic data.</p><p><blockquote>由于联邦紧急失业救济金、儿童保育短缺和挥之不去的大流行担忧，持续的工人短缺是当天经济数据中的一个共同主题。</blockquote></p><p> Jobless claims continued their downward trajectory according to the Labor Department, touching their lowest level since the pandemic shutdown, and a report from Challenger, Gray &amp; Christmas showed planned layoffs by U.S. firms were down 88% from last year, hitting a 21-year low.</p><p><blockquote>根据劳工部的数据，初请失业金人数继续下降，达到大流行关闭以来的最低水平，Challenger，Gray&amp;Christmas的一份报告显示，美国企业的计划裁员人数比去年下降了88%，创下21年来的新低。</blockquote></p><p> Activity at U.S. factories expanded at a slightly decelerated pace in June, according to the Institute for Supply Management’s (ISM) purchasing managers’ index (PMI), with the employment component dipping into contraction for the first time since November. The prices paid index, driven higher by the current demand/supply imbalance, soared to its highest level since 1979, according to ISM.</p><p><blockquote>根据美国供应管理协会(ISM)的采购经理人指数(PMI)，6月份美国工厂活动扩张速度略有放缓，其中就业部分自11月份以来首次陷入收缩。根据ISM的数据，在当前供需失衡的推动下，支付价格指数飙升至1979年以来的最高水平。</blockquote></p><p> “The employment and manufacturing data released today supported the idea of continued growth but at a decelerated rate,” Carter added.</p><p><blockquote>卡特补充道：“今天公布的就业和制造业数据支持了持续增长但增速放缓的观点。”</blockquote></p><p> Friday’s hotly anticipated jobs report is expected to show payrolls growing by 700,000 and unemployment inching down to 5.7%. A robust upside surprise could lead the U.S. Federal Reserve to adjust its timetable for tapering its securities purchases and raising key interest rates.</p><p><blockquote>周五备受期待的就业报告预计将显示就业人数增加70万，失业率小幅下降至5.7%。强劲的上行意外可能会导致美联储调整缩减证券购买和提高关键利率的时间表。</blockquote></p><p> “Too-strong economic data could perversely be a bad thing for markets if it caused the Fed to raise rates faster than expected,” Carter said. “Weak employment data may actually be welcomed.”</p><p><blockquote>卡特表示：“如果过于强劲的经济数据导致美联储加息速度快于预期，那么对市场来说可能是一件坏事。”“疲软的就业数据实际上可能会受到欢迎。”</blockquote></p><p> The Dow Jones Industrial Average rose 131.02 points, or 0.38%, to 34,633.53, the S&amp;P 500 gained 22.44 points, or 0.52%, to 4,319.94 and the Nasdaq Composite added 18.42 points, or 0.13%, to 14,522.38.</p><p><blockquote>道琼斯工业平均指数上涨131.02点，涨幅0.38%，至34,633.53点；标普500上涨22.44点，涨幅0.52%，至4,319.94点；纳斯达克综合指数上涨18.42点，涨幅0.13%，至14,522.38点。</blockquote></p><p> Of the 11 major sectors in the S&amp;P 500, consumer staples was the sole loser, shedding 0.3%.</p><p><blockquote>在标普500的11个主要板块中，必需消费品是唯一的跌幅，下跌0.3%。</blockquote></p><p> Walgreens Boots Alliance Inc dropped 7.4% after it said it expects to administer fewer COVID-19 vaccine shots in the fourth quarter.</p><p><blockquote>沃尔格林博姿联盟公司(Walgreens Boots Alliance Inc)表示预计第四季度将减少COVID-19疫苗注射量，股价下跌7.4%。</blockquote></p><p> Didi Global Inc jumped 16.0%, on its second day of trading as a U.S.-listed company.</p><p><blockquote>滴滴出行在美国上市第二天上涨16.0%。</blockquote></p><p> Micron Technology Inc slid by 5.7% following a report that Texas Instruments would buy Micron’s Lehi, Utah, factory for $900 million.</p><p><blockquote>有报道称德州仪器(Texas Instruments)将以9亿美元收购美光科技(Micron Technology Inc)位于犹他州利希(Lehi)的工厂，该公司股价下跌5.7%。</blockquote></p><p> Advancing issues outnumbered declining ones on the NYSE by a 1.78-to-1 ratio; on Nasdaq, a 1.32-to-1 ratio favored advancers.</p><p><blockquote>纽约证券交易所上涨股与下跌股的比例为1.78比1；在纳斯达克，1.32比1的比率有利于上涨者。</blockquote></p><p> The S&amp;P 500 posted 36 new 52-week highs and no new lows; the Nasdaq Composite recorded 78 new highs and 30 new lows.</p><p><blockquote>标普500创下36个52周新高，无新低；纳斯达克综合指数录得78个新高和30个新低。</blockquote></p><p> Volume on U.S. exchanges was 9.53 billion shares, compared with the 10.9 billion average over the last 20 trading days.</p><p><blockquote>美国交易所成交量为95.3亿股，而过去20个交易日的平均成交量为109亿股。</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>S&P 500 winning streak extends to sixth straight record close<blockquote>标普500连胜纪录延续至六连胜纪录收盘</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nS&P 500 winning streak extends to sixth straight record close<blockquote>标普500连胜纪录延续至六连胜纪录收盘</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Reuters</strong><span class=\"h-time small\">2021-07-02 07:08</span>\n</p>\n</h4>\n</header>\n<article>\n<p>NEW YORK (Reuters) - The S&amp;P 500 reached its sixth consecutive all-time closing high on Thursday, as a new quarter and the second half of the year began with upbeat economic data and a broad-based rally.</p><p><blockquote>路透纽约4月5日电——标普500周四连续第六次创下历史收盘新高，新的季度和下半年以乐观的经济数据和广泛的反弹开始。</blockquote></p><p> Investors now eye Friday’s much-anticipated employment report.</p><p><blockquote>投资者现在关注周五备受期待的就业报告。</blockquote></p><p> The bellwether index is enjoying its longest winning streak since early February, and the last time it logged six straight all-time highs was last August.</p><p><blockquote>该领头羊指数正在享受自2月初以来最长的连涨，上一次连续六次创下历史新高是在去年8月。</blockquote></p><p> “Historical data shows if you have a strong first half, the second half of the year was actually going even stronger,” said Ross Mayfield, investment strategy analyst with Baird Private Wealth.</p><p><blockquote>Baird Private Wealth投资策略分析师罗斯·梅菲尔德(Ross Mayfield)表示：“历史数据显示，如果上半年表现强劲，那么下半年实际上会更加强劲。”</blockquote></p><p> All three major U.S. stock indexes ended the session in positive territory, but a decline in tech shares - led by microchips - tempered the Nasdaq’s gain.</p><p><blockquote>美国三大股指均收涨，但以微芯片为首的科技股下跌削弱了纳斯达克的涨幅。</blockquote></p><p> The Philadelphia SE Semiconductor index slid 1.5%</p><p><blockquote>费城SE半导体指数下跌1.5%</blockquote></p><p> “For markets so far this year, boring is beautiful,” said David Carter, chief investment officer at Lenox Wealth Advisors in New York. “Economic growth has been strong enough to support prices and many asset classes are trading with historically low volatility.”</p><p><blockquote>纽约Lenox Wealth Advisors首席投资官David Carter表示：“对于今年迄今为止的市场来说，无聊是美好的。”“经济增长强劲，足以支撑价格，许多资产类别的交易波动性处于历史低位。”</blockquote></p><p> “It feels like investors left for the Fourth of July weekend about three months ago.”</p><p><blockquote>“感觉投资者大约三个月前就离开了7月4日周末。”</blockquote></p><p> The ongoing worker shortage, attributed to federal emergency unemployment benefits, a childcare shortage and lingering pandemic fears, was a common theme in the day’s economic data.</p><p><blockquote>由于联邦紧急失业救济金、儿童保育短缺和挥之不去的大流行担忧，持续的工人短缺是当天经济数据中的一个共同主题。</blockquote></p><p> Jobless claims continued their downward trajectory according to the Labor Department, touching their lowest level since the pandemic shutdown, and a report from Challenger, Gray &amp; Christmas showed planned layoffs by U.S. firms were down 88% from last year, hitting a 21-year low.</p><p><blockquote>根据劳工部的数据，初请失业金人数继续下降，达到大流行关闭以来的最低水平，Challenger，Gray&amp;Christmas的一份报告显示，美国企业的计划裁员人数比去年下降了88%，创下21年来的新低。</blockquote></p><p> Activity at U.S. factories expanded at a slightly decelerated pace in June, according to the Institute for Supply Management’s (ISM) purchasing managers’ index (PMI), with the employment component dipping into contraction for the first time since November. The prices paid index, driven higher by the current demand/supply imbalance, soared to its highest level since 1979, according to ISM.</p><p><blockquote>根据美国供应管理协会(ISM)的采购经理人指数(PMI)，6月份美国工厂活动扩张速度略有放缓，其中就业部分自11月份以来首次陷入收缩。根据ISM的数据，在当前供需失衡的推动下，支付价格指数飙升至1979年以来的最高水平。</blockquote></p><p> “The employment and manufacturing data released today supported the idea of continued growth but at a decelerated rate,” Carter added.</p><p><blockquote>卡特补充道：“今天公布的就业和制造业数据支持了持续增长但增速放缓的观点。”</blockquote></p><p> Friday’s hotly anticipated jobs report is expected to show payrolls growing by 700,000 and unemployment inching down to 5.7%. A robust upside surprise could lead the U.S. Federal Reserve to adjust its timetable for tapering its securities purchases and raising key interest rates.</p><p><blockquote>周五备受期待的就业报告预计将显示就业人数增加70万，失业率小幅下降至5.7%。强劲的上行意外可能会导致美联储调整缩减证券购买和提高关键利率的时间表。</blockquote></p><p> “Too-strong economic data could perversely be a bad thing for markets if it caused the Fed to raise rates faster than expected,” Carter said. “Weak employment data may actually be welcomed.”</p><p><blockquote>卡特表示：“如果过于强劲的经济数据导致美联储加息速度快于预期，那么对市场来说可能是一件坏事。”“疲软的就业数据实际上可能会受到欢迎。”</blockquote></p><p> The Dow Jones Industrial Average rose 131.02 points, or 0.38%, to 34,633.53, the S&amp;P 500 gained 22.44 points, or 0.52%, to 4,319.94 and the Nasdaq Composite added 18.42 points, or 0.13%, to 14,522.38.</p><p><blockquote>道琼斯工业平均指数上涨131.02点，涨幅0.38%，至34,633.53点；标普500上涨22.44点，涨幅0.52%，至4,319.94点；纳斯达克综合指数上涨18.42点，涨幅0.13%，至14,522.38点。</blockquote></p><p> Of the 11 major sectors in the S&amp;P 500, consumer staples was the sole loser, shedding 0.3%.</p><p><blockquote>在标普500的11个主要板块中，必需消费品是唯一的跌幅，下跌0.3%。</blockquote></p><p> Walgreens Boots Alliance Inc dropped 7.4% after it said it expects to administer fewer COVID-19 vaccine shots in the fourth quarter.</p><p><blockquote>沃尔格林博姿联盟公司(Walgreens Boots Alliance Inc)表示预计第四季度将减少COVID-19疫苗注射量，股价下跌7.4%。</blockquote></p><p> Didi Global Inc jumped 16.0%, on its second day of trading as a U.S.-listed company.</p><p><blockquote>滴滴出行在美国上市第二天上涨16.0%。</blockquote></p><p> Micron Technology Inc slid by 5.7% following a report that Texas Instruments would buy Micron’s Lehi, Utah, factory for $900 million.</p><p><blockquote>有报道称德州仪器(Texas Instruments)将以9亿美元收购美光科技(Micron Technology Inc)位于犹他州利希(Lehi)的工厂，该公司股价下跌5.7%。</blockquote></p><p> Advancing issues outnumbered declining ones on the NYSE by a 1.78-to-1 ratio; on Nasdaq, a 1.32-to-1 ratio favored advancers.</p><p><blockquote>纽约证券交易所上涨股与下跌股的比例为1.78比1；在纳斯达克，1.32比1的比率有利于上涨者。</blockquote></p><p> The S&amp;P 500 posted 36 new 52-week highs and no new lows; the Nasdaq Composite recorded 78 new highs and 30 new lows.</p><p><blockquote>标普500创下36个52周新高，无新低；纳斯达克综合指数录得78个新高和30个新低。</blockquote></p><p> Volume on U.S. exchanges was 9.53 billion shares, compared with the 10.9 billion average over the last 20 trading days.</p><p><blockquote>美国交易所成交量为95.3亿股，而过去20个交易日的平均成交量为109亿股。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.reuters.com/article/usa-stocks/us-stocks-sp-500-winning-streak-extends-to-sixth-straight-record-close-idUSL2N2OD332\">Reuters</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index",".DJI":"道琼斯",".IXIC":"NASDAQ Composite"},"source_url":"https://www.reuters.com/article/usa-stocks/us-stocks-sp-500-winning-streak-extends-to-sixth-straight-record-close-idUSL2N2OD332","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1175817125","content_text":"NEW YORK (Reuters) - The S&P 500 reached its sixth consecutive all-time closing high on Thursday, as a new quarter and the second half of the year began with upbeat economic data and a broad-based rally.\nInvestors now eye Friday’s much-anticipated employment report.\nThe bellwether index is enjoying its longest winning streak since early February, and the last time it logged six straight all-time highs was last August.\n“Historical data shows if you have a strong first half, the second half of the year was actually going even stronger,” said Ross Mayfield, investment strategy analyst with Baird Private Wealth.\nAll three major U.S. stock indexes ended the session in positive territory, but a decline in tech shares - led by microchips - tempered the Nasdaq’s gain.\nThe Philadelphia SE Semiconductor index slid 1.5%\n“For markets so far this year, boring is beautiful,” said David Carter, chief investment officer at Lenox Wealth Advisors in New York. “Economic growth has been strong enough to support prices and many asset classes are trading with historically low volatility.”\n“It feels like investors left for the Fourth of July weekend about three months ago.”\nThe ongoing worker shortage, attributed to federal emergency unemployment benefits, a childcare shortage and lingering pandemic fears, was a common theme in the day’s economic data.\nJobless claims continued their downward trajectory according to the Labor Department, touching their lowest level since the pandemic shutdown, and a report from Challenger, Gray & Christmas showed planned layoffs by U.S. firms were down 88% from last year, hitting a 21-year low.\nActivity at U.S. factories expanded at a slightly decelerated pace in June, according to the Institute for Supply Management’s (ISM) purchasing managers’ index (PMI), with the employment component dipping into contraction for the first time since November. The prices paid index, driven higher by the current demand/supply imbalance, soared to its highest level since 1979, according to ISM.\n“The employment and manufacturing data released today supported the idea of continued growth but at a decelerated rate,” Carter added.\nFriday’s hotly anticipated jobs report is expected to show payrolls growing by 700,000 and unemployment inching down to 5.7%. A robust upside surprise could lead the U.S. Federal Reserve to adjust its timetable for tapering its securities purchases and raising key interest rates.\n“Too-strong economic data could perversely be a bad thing for markets if it caused the Fed to raise rates faster than expected,” Carter said. “Weak employment data may actually be welcomed.”\nThe Dow Jones Industrial Average rose 131.02 points, or 0.38%, to 34,633.53, the S&P 500 gained 22.44 points, or 0.52%, to 4,319.94 and the Nasdaq Composite added 18.42 points, or 0.13%, to 14,522.38.\nOf the 11 major sectors in the S&P 500, consumer staples was the sole loser, shedding 0.3%.\nWalgreens Boots Alliance Inc dropped 7.4% after it said it expects to administer fewer COVID-19 vaccine shots in the fourth quarter.\nDidi Global Inc jumped 16.0%, on its second day of trading as a U.S.-listed company.\nMicron Technology Inc slid by 5.7% following a report that Texas Instruments would buy Micron’s Lehi, Utah, factory for $900 million.\nAdvancing issues outnumbered declining ones on the NYSE by a 1.78-to-1 ratio; on Nasdaq, a 1.32-to-1 ratio favored advancers.\nThe S&P 500 posted 36 new 52-week highs and no new lows; the Nasdaq Composite recorded 78 new highs and 30 new lows.\nVolume on U.S. exchanges was 9.53 billion shares, compared with the 10.9 billion average over the last 20 trading days.","news_type":1,"symbols_score_info":{".DJI":0.9,".SPX":0.9,".IXIC":0.9}},"isVote":1,"tweetType":1,"viewCount":368,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":190109882,"gmtCreate":1620603729346,"gmtModify":1634197857624,"author":{"id":"3581980965309451","authorId":"3581980965309451","name":"Eded","avatar":"https://static.tigerbbs.com/41a629a3014601072ee8dc2d151d1796","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581980965309451","authorIdStr":"3581980965309451"},"themes":[],"htmlText":"Can always invest in Hong Kong or domestic exchange . Nothing much to lose . Please like and comment&nbsp;","listText":"Can always invest in Hong Kong or domestic exchange . Nothing much to lose . Please like and comment&nbsp;","text":"Can always invest in Hong Kong or domestic exchange . Nothing much to lose . Please like and comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":4,"repostSize":0,"link":"https://laohu8.com/post/190109882","repostId":"2133837186","repostType":4,"isVote":1,"tweetType":1,"viewCount":1065,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}