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2021-08-09

[Smile]

Alibaba shares fell 1.57% in premarket trading.<blockquote>阿里巴巴-SW股价盘前交易中下跌1.57%。</blockquote>

2021-07-12

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2021-07-11

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2021-07-08

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2021-06-28

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2021-06-27

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2021-06-26

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Tesla recalls some imported and domestic Model 3 and Model Y in China<blockquote>特斯拉在华召回部分进口及国产Model 3和Model Y</blockquote>

2021-06-26

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2021-06-25

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2021-06-18

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Goldman sees Fed-driven dip in commodities as a 'buying opportunity'<blockquote>高盛将美联储推动的大宗商品下跌视为“买入机会”</blockquote>

2021-05-27

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2021-05-27

Good

What's Going On With BlackBerry Stock?<blockquote>黑莓股票怎么了？</blockquote>

2021-05-08

Good

Jeff Bezos sold nearly $5 billion in Amazon shares this week<blockquote>杰夫·贝索斯本周出售近50亿美元亚马逊股票</blockquote>

2021-05-07

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Amazon: The Most Clearly Undervalued Company<blockquote>亚马逊：最明显被低估的公司</blockquote>

2021-05-04

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2021-05-02

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2021-05-02

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2021-04-25

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2021-04-25

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SoftBank SPAC in talks about $2bn merger with location start-up Mapbox<blockquote>软银SPAC正在与定位初创公司Mapbox洽谈20亿美元合并</blockquote>

2021-04-24

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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":1628496113,"share":"https://www.laohu8.com/m/news/1112407855?lang=zh_CN&edition=full","pubTime":"2021-08-09 16:01","market":"us","language":"en","title":"Alibaba shares fell 1.57% in premarket trading.<blockquote>阿里巴巴-SW股价盘前交易中下跌1.57%。</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1112407855","media":"Tiger Newspress","summary":"Alibaba shares fell 1.57% in premarket trading.\nChinese technology giant Alibaba will sack a manager","content":"<p>Alibaba&nbsp;shares fell 1.57% in premarket&nbsp;trading.</p><p><blockquote>阿里巴巴-SW股价盘前交易中下跌1.57%。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/df9ce7af138f3ccf40c454cdf5b6a716\" tg-width=\"1285\" tg-height=\"614\" referrerpolicy=\"no-referrer\">Chinese technology giant Alibaba will sack a manager accused of rape, according to a memo seen by the BBC.</p><p><blockquote>根据BBC看到的一份备忘录，中国科技巨头阿里巴巴-SW将解雇一名被指控强奸的经理。</blockquote></p><p> In the letter sent to employees of the firm, chief executive Daniel Zhang said two other bosses who failed to act on the allegation have resigned.</p><p><blockquote>在发给公司员工的信中，首席执行官张勇表示，另外两名未能对指控采取行动的老板已经辞职。</blockquote></p><p> Alibaba is working with police after a female worker said her male boss raped her in a hotel room while she was unconscious after a \"drunken night\".</p><p><blockquote>阿里巴巴-SW正在与警方合作，此前一名女工称，她的男老板在酒店房间强奸了她，当时她在一个“醉酒之夜”后昏迷不醒。</blockquote></p><p> Her allegations have been widely shared on Chinese social media.</p><p><blockquote>她的指控在中国社交媒体上被广泛分享。</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\" 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href=\"https://laohu8.com/wemedia/1079075236\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time smaller\">2021-08-09 16:01</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>Alibaba&nbsp;shares fell 1.57% in premarket&nbsp;trading.</p><p><blockquote>阿里巴巴-SW股价盘前交易中下跌1.57%。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/df9ce7af138f3ccf40c454cdf5b6a716\" tg-width=\"1285\" tg-height=\"614\" referrerpolicy=\"no-referrer\">Chinese technology giant Alibaba will sack a manager accused of rape, according to a memo seen by the BBC.</p><p><blockquote>根据BBC看到的一份备忘录，中国科技巨头阿里巴巴-SW将解雇一名被指控强奸的经理。</blockquote></p><p> In the letter sent to employees of the firm, chief executive Daniel Zhang said two other bosses who failed to act on the allegation have resigned.</p><p><blockquote>在发给公司员工的信中，首席执行官张勇表示，另外两名未能对指控采取行动的老板已经辞职。</blockquote></p><p> Alibaba is working with police after a female worker said her male boss raped her in a hotel room while she was unconscious after a \"drunken night\".</p><p><blockquote>阿里巴巴-SW正在与警方合作，此前一名女工称，她的男老板在酒店房间强奸了她，当时她在一个“醉酒之夜”后昏迷不醒。</blockquote></p><p> Her allegations have been widely shared on Chinese social media.</p><p><blockquote>她的指控在中国社交媒体上被广泛分享。</blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BABA":"阿里巴巴"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1112407855","content_text":"Alibaba shares fell 1.57% in premarket trading.\nChinese technology giant Alibaba will sack a manager accused of rape, according to a memo seen by the BBC.\nIn the letter sent to employees of the firm, chief executive Daniel Zhang said two other bosses who failed to act on the allegation have 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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":1624680481,"share":"https://www.laohu8.com/m/news/1132692662?lang=zh_CN&edition=full","pubTime":"2021-06-26 12:08","market":"us","language":"en","title":"Tesla recalls some imported and domestic Model 3 and Model Y in China<blockquote>特斯拉在华召回部分进口及国产Model 3和Model Y</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1132692662","media":"Tiger Newspress","summary":"Recently, Tesla filed a recall plan and decided to recall some vehicles from now on,according to China's State Administration of market supervision.Tesla decided to recall 35665 imported Model 3 produced between January 12, 2019 and November 27, 2019.Meanwhile, Tesla will recall some domestic Model 3 produced from December 19, 2019 to June 7, 2021, totaling 211256 vehicles; A total of 38599 domestic Model Y were produced from January 1, 2021 to June 7, 2021.In response to the recall, Tesla said ","content":"<p>Recently, Tesla filed a recall plan and decided to recall some vehicles from now on,according to China's State Administration of market supervision.</p><p><blockquote>据国家市场监督管理总局消息，近日，特斯拉备案了召回计划，决定自即日起召回部分车辆。</blockquote></p><p> Tesla decided to recall 35665 imported Model 3 produced between January 12, 2019 and November 27, 2019.</p><p><blockquote>特斯拉决定召回2019年1月12日至2019年11月27日期间生产的35665辆进口Model 3。</blockquote></p><p> Meanwhile, Tesla will recall some domestic Model 3 produced from December 19, 2019 to June 7, 2021, totaling 211256 vehicles; A total of 38599 domestic Model Y were produced from January 1, 2021 to June 7, 2021.</p><p><blockquote>同时，特斯拉将召回2019年12月19日至2021年6月7日生产的部分国产Model 3，共计211256辆；2021年1月1日至2021年6月7日期间生产的国产Model Y共计38599辆。</blockquote></p><p> Due to the problems of the active cruise control system of the vehicles within the scope of this recall, it is easy for the driver to activate the active cruise function by mistake in the following situations: when the vehicle is in D gear, the driver tries to switch the gear by pushing the right control lever again; When the vehicle turns sharply, the driver touches and moves the right control lever by mistake, etc. After the active cruise control is mistakenly activated, if the cruise speed set by the vehicle is not the current speed, and the current speed is lower than the set speed, the vehicle will accelerate to the set speed, resulting in a sudden increase in vehicle speed, which will affect the driver's expectation and lead to misjudgment of vehicle handling. In extreme cases, it may lead to vehicle collision, and there are potential safety hazards.</p><p><blockquote>本次召回范围内车辆由于主动巡航控制系统存在问题，在以下情况下驾驶员容易误激活主动巡航功能：当车辆挂入D挡时，驾驶员试图通过再次推动右侧操纵杆来切换挡位；车辆急转弯时，驾驶员误触并移动右侧操纵杆等。误启动主动巡航控制后，如果车辆设定的巡航速度不是当前速度，而当前速度低于设定速度，车辆就会加速到设定速度，造成车速突然升高，影响驾驶员的预期，导致车辆操控误判。极端情况下可能导致车辆碰撞，存在安全隐患。</blockquote></p><p> Tesla will upgrade the active cruise control software for the recalled vehicles free of charge through OTA technology, so users can complete the software upgrade without going to the store; For vehicles that cannot be recalled through OTA technology, Tesla Motors (Beijing) Co., Ltd. and Tesla (Shanghai) Co., Ltd. will contact relevant users through Tesla service center to upgrade active cruise control software for vehicles free, so as to eliminate potential safety hazards.</p><p><blockquote>特斯拉将通过OTA技术为召回车辆免费升级主动巡航控制软件，用户无需到店即可完成软件升级；对于无法通过OTA技术召回的车辆，特斯拉（北京）有限公司和特斯拉（上海）有限公司将通过特斯拉服务中心联系相关用户，为车辆免费升级主动巡航控制软件，以消除安全隐患。</blockquote></p><p> In response to the recall, Tesla said on June 26 that for the vehicles (Model 3 / Model Y) within the scope of this recall, due to the fact that the active cruise control function may be activated by the driver by mistake, there are potential safety hazards in extreme cases. Tesla took the initiative to file the recall plan with the State Administration of market supervision and administration. Users do not need to go to the store to complete the OTA. Tesla said it apologized for the inconvenience caused by the recall.</p><p><blockquote>针对此次召回，特斯拉6月26日表示，本次召回范围内的车辆（Model 3/Model Y），由于主动巡航控制功能可能被驾驶员误激活，极端情况下存在安全隐患。特斯拉主动向国家市场监督管理总局备案了召回计划。用户无需前往门店即可完成OTA。特斯拉表示，对此次召回给您带来的不便表示歉意。</blockquote></p><p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Tesla recalls some imported and domestic Model 3 and Model Y in China<blockquote>特斯拉在华召回部分进口及国产Model 3和Model Y</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTesla recalls some imported and domestic Model 3 and Model Y in China<blockquote>特斯拉在华召回部分进口及国产Model 3和Model Y</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\">2021-06-26 12:08</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>Recently, Tesla filed a recall plan and decided to recall some vehicles from now on,according to China's State Administration of market supervision.</p><p><blockquote>据国家市场监督管理总局消息，近日，特斯拉备案了召回计划，决定自即日起召回部分车辆。</blockquote></p><p> Tesla decided to recall 35665 imported Model 3 produced between January 12, 2019 and November 27, 2019.</p><p><blockquote>特斯拉决定召回2019年1月12日至2019年11月27日期间生产的35665辆进口Model 3。</blockquote></p><p> Meanwhile, Tesla will recall some domestic Model 3 produced from December 19, 2019 to June 7, 2021, totaling 211256 vehicles; A total of 38599 domestic Model Y were produced from January 1, 2021 to June 7, 2021.</p><p><blockquote>同时，特斯拉将召回2019年12月19日至2021年6月7日生产的部分国产Model 3，共计211256辆；2021年1月1日至2021年6月7日期间生产的国产Model Y共计38599辆。</blockquote></p><p> Due to the problems of the active cruise control system of the vehicles within the scope of this recall, it is easy for the driver to activate the active cruise function by mistake in the following situations: when the vehicle is in D gear, the driver tries to switch the gear by pushing the right control lever again; When the vehicle turns sharply, the driver touches and moves the right control lever by mistake, etc. After the active cruise control is mistakenly activated, if the cruise speed set by the vehicle is not the current speed, and the current speed is lower than the set speed, the vehicle will accelerate to the set speed, resulting in a sudden increase in vehicle speed, which will affect the driver's expectation and lead to misjudgment of vehicle handling. In extreme cases, it may lead to vehicle collision, and there are potential safety hazards.</p><p><blockquote>本次召回范围内车辆由于主动巡航控制系统存在问题，在以下情况下驾驶员容易误激活主动巡航功能：当车辆挂入D挡时，驾驶员试图通过再次推动右侧操纵杆来切换挡位；车辆急转弯时，驾驶员误触并移动右侧操纵杆等。误启动主动巡航控制后，如果车辆设定的巡航速度不是当前速度，而当前速度低于设定速度，车辆就会加速到设定速度，造成车速突然升高，影响驾驶员的预期，导致车辆操控误判。极端情况下可能导致车辆碰撞，存在安全隐患。</blockquote></p><p> Tesla will upgrade the active cruise control software for the recalled vehicles free of charge through OTA technology, so users can complete the software upgrade without going to the store; For vehicles that cannot be recalled through OTA technology, Tesla Motors (Beijing) Co., Ltd. and Tesla (Shanghai) Co., Ltd. will contact relevant users through Tesla service center to upgrade active cruise control software for vehicles free, so as to eliminate potential safety hazards.</p><p><blockquote>特斯拉将通过OTA技术为召回车辆免费升级主动巡航控制软件，用户无需到店即可完成软件升级；对于无法通过OTA技术召回的车辆，特斯拉（北京）有限公司和特斯拉（上海）有限公司将通过特斯拉服务中心联系相关用户，为车辆免费升级主动巡航控制软件，以消除安全隐患。</blockquote></p><p> In response to the recall, Tesla said on June 26 that for the vehicles (Model 3 / Model Y) within the scope of this recall, due to the fact that the active cruise control function may be activated by the driver by mistake, there are potential safety hazards in extreme cases. Tesla took the initiative to file the recall plan with the State Administration of market supervision and administration. Users do not need to go to the store to complete the OTA. Tesla said it apologized for the inconvenience caused by the recall.</p><p><blockquote>针对此次召回，特斯拉6月26日表示，本次召回范围内的车辆（Model 3/Model Y），由于主动巡航控制功能可能被驾驶员误激活，极端情况下存在安全隐患。特斯拉主动向国家市场监督管理总局备案了召回计划。用户无需前往门店即可完成OTA。特斯拉表示，对此次召回给您带来的不便表示歉意。</blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1132692662","content_text":"Recently, Tesla filed a recall plan and decided to recall some vehicles from now on,according to China's State Administration of market supervision.\nTesla decided to recall 35665 imported Model 3 produced between January 12, 2019 and November 27, 2019.\nMeanwhile, Tesla will recall some domestic Model 3 produced from December 19, 2019 to June 7, 2021, totaling 211256 vehicles; A total of 38599 domestic Model Y were produced from January 1, 2021 to June 7, 2021.\nDue to the problems of the active cruise control system of the vehicles within the scope of this recall, it is easy for the driver to activate the active cruise function by mistake in the following situations: when the vehicle is in D gear, the driver tries to switch the gear by pushing the right control lever again; When the vehicle turns sharply, the driver touches and moves the right control lever by mistake, etc. After the active cruise control is mistakenly activated, if the cruise speed set by the vehicle is not the current speed, and the current speed is lower than the set speed, the vehicle will accelerate to the set speed, resulting in a sudden increase in vehicle speed, which will affect the driver's expectation and lead to misjudgment of vehicle handling. In extreme cases, it may lead to vehicle collision, and there are potential safety hazards.\nTesla will upgrade the active cruise control software for the recalled vehicles free of charge through OTA technology, so users can complete the software upgrade without going to the store; For vehicles that cannot be recalled through OTA technology, Tesla Motors (Beijing) Co., Ltd. and Tesla (Shanghai) Co., Ltd. will contact relevant users through Tesla service center to upgrade active cruise control software for vehicles free, so as to eliminate potential safety hazards.\nIn response to the recall, Tesla said on June 26 that for the vehicles (Model 3 / Model Y) within the scope of this recall, due to the fact that the active cruise control function may be activated by the driver by mistake, there are potential safety hazards in extreme cases. Tesla took the initiative to file the recall plan with the State Administration of market supervision and administration. Users do not need to go to the store to complete the OTA. Tesla said it apologized for the inconvenience caused by the recall.","news_type":1,"symbols_score_info":{"TSLA":0.9}},"isVote":1,"tweetType":1,"viewCount":1902,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":125707012,"gmtCreate":1624690829036,"gmtModify":1633949511483,"author":{"id":"3581993780373716","authorId":"3581993780373716","name":"cjng85","avatar":"https://static.tigerbbs.com/9680da849278b62caf21a1e6d7840391","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3581993780373716","idStr":"3581993780373716"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/125707012","repostId":"1108941456","repostType":4,"isVote":1,"tweetType":1,"viewCount":2496,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":122999322,"gmtCreate":1624591254666,"gmtModify":1633950804205,"author":{"id":"3581993780373716","authorId":"3581993780373716","name":"cjng85","avatar":"https://static.tigerbbs.com/9680da849278b62caf21a1e6d7840391","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3581993780373716","idStr":"3581993780373716"},"themes":[],"htmlText":"good","listText":"good","text":"good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/122999322","repostId":"1142278823","repostType":4,"isVote":1,"tweetType":1,"viewCount":1873,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":166578266,"gmtCreate":1624020253055,"gmtModify":1634024032359,"author":{"id":"3581993780373716","authorId":"3581993780373716","name":"cjng85","avatar":"https://static.tigerbbs.com/9680da849278b62caf21a1e6d7840391","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3581993780373716","idStr":"3581993780373716"},"themes":[],"htmlText":"Good","listText":"Good","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/166578266","repostId":"1131081247","repostType":4,"repost":{"id":"1131081247","kind":"news","pubTimestamp":1624019171,"share":"https://www.laohu8.com/m/news/1131081247?lang=zh_CN&edition=full","pubTime":"2021-06-18 20:26","market":"fut","language":"en","title":"Goldman sees Fed-driven dip in commodities as a 'buying opportunity'<blockquote>高盛将美联储推动的大宗商品下跌视为“买入机会”</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1131081247","media":"Reuters","summary":"(Reuters) - Goldman Sachs said on Friday the recent slip in commodities prices driven by the U.S. Fe","content":"<p>(Reuters) - Goldman Sachs said on Friday the recent slip in commodities prices driven by the U.S. Federal Reserve’s decision to bring forward projections for interest rate hikes into 2023 was a buying opportunity for investors.</p><p><blockquote>（路透社）-高盛周五表示，美联储决定将加息预测提前至2023年，导致大宗商品价格近期下滑，这对投资者来说是一个买入机会。</blockquote></p><p> “The bullish commodity thesis is neither about inflation risks nor Fed forward guidance. It is about scarcity and strong physical demand,” the Wall Street bank said in a note.</p><p><blockquote>这家华尔街银行在一份报告中表示：“看涨大宗商品的论点既不是关于通胀风险，也不是关于美联储的前瞻性指引。而是关于稀缺性和强劲的实物需求。”</blockquote></p><p> Physical scarcity, caused by robust demand growth and inelastic supply, could drive Brent crude oil prices to average $80 in the third quarter, with potential spikes above that level, Goldman analysts wrote.</p><p><blockquote>高盛分析师写道，强劲的需求增长和缺乏弹性的供应造成的实物稀缺可能会推动布伦特原油价格在第三季度平均达到80美元，并有可能飙升至该水平以上。</blockquote></p><p> Prices of commodities including oil, gold and copper fell as the U.S. dollar surged on the Federal Reserve’s outlook on interest rate hikes.</p><p><blockquote>包括石油、黄金和铜在内的大宗商品价格下跌，因美联储加息前景导致美元飙升。</blockquote></p><p> But oil prices were still close to multi-year highs, while gold has since seen a slight rebound, and copper was en route to its biggest weekly decline since March 2020.</p><p><blockquote>但油价仍接近多年高点，而金价此后小幅反弹，铜价有望创下2020年3月以来的最大单周跌幅。</blockquote></p><p> The copper market also remains on course for deficit conditions both over the remainder of this year and into 2022, the bank said, adding recent dips should be viewed as a longer-term buying opportunity.</p><p><blockquote>该行表示，铜市场在今年剩余时间和2022年仍将处于赤字状态，并补充说近期的下跌应被视为长期买入机会。</blockquote></p><p> A recovery in commodities markets excluding energy markets, however, is likely to be slower than from recent sell-offs as transient shocks from weather and Chinese-mandated repositioning have generated negative technical breakthroughs, Goldman warned.</p><p><blockquote>然而，高盛警告称，由于天气和中国强制重新定位的短暂冲击产生了负面的技术突破，不包括能源市场在内的大宗商品市场的复苏可能会慢于最近的抛售。</blockquote></p><p> Earlier this month, China’s state planner renewed a pledge to step up monitoring of commodity prices and strengthen supervision of spot and futures markets, as producer inflation in the country hit over 12 year-highs.</p><p><blockquote>本月早些时候，中国国家规划者再次承诺加强对大宗商品价格的监控，并加强对现货和期货市场的监管，因为中国的生产者通胀创下了12年来的新高。</blockquote></p><p> Goldman also viewed gold as under-valued relative to both real and nominal fundamentals.</p><p><blockquote>高盛还认为，相对于实际和名义基本面，黄金被低估。</blockquote></p><p> “In fact, gold is now pricing a Goldilocks scenario of strong growth without any inflation, implying limited demand for it as either a defensive asset or inflation hedge.”</p><p><blockquote>“事实上，黄金现在定价的是在没有任何通胀的情况下强劲增长的金发姑娘情景，这意味着对其作为防御性资产或通胀对冲的需求有限。”</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>Goldman sees Fed-driven dip in commodities as a 'buying opportunity'<blockquote>高盛将美联储推动的大宗商品下跌视为“买入机会”</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\">\nGoldman sees Fed-driven dip in commodities as a 'buying opportunity'<blockquote>高盛将美联储推动的大宗商品下跌视为“买入机会”</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Reuters</strong><span class=\"h-time small\">2021-06-18 20:26</span>\n</p>\n</h4>\n</header>\n<article>\n<p>(Reuters) - Goldman Sachs said on Friday the recent slip in commodities prices driven by the U.S. Federal Reserve’s decision to bring forward projections for interest rate hikes into 2023 was a buying opportunity for investors.</p><p><blockquote>（路透社）-高盛周五表示，美联储决定将加息预测提前至2023年，导致大宗商品价格近期下滑，这对投资者来说是一个买入机会。</blockquote></p><p> “The bullish commodity thesis is neither about inflation risks nor Fed forward guidance. It is about scarcity and strong physical demand,” the Wall Street bank said in a note.</p><p><blockquote>这家华尔街银行在一份报告中表示：“看涨大宗商品的论点既不是关于通胀风险，也不是关于美联储的前瞻性指引。而是关于稀缺性和强劲的实物需求。”</blockquote></p><p> Physical scarcity, caused by robust demand growth and inelastic supply, could drive Brent crude oil prices to average $80 in the third quarter, with potential spikes above that level, Goldman analysts wrote.</p><p><blockquote>高盛分析师写道，强劲的需求增长和缺乏弹性的供应造成的实物稀缺可能会推动布伦特原油价格在第三季度平均达到80美元，并有可能飙升至该水平以上。</blockquote></p><p> Prices of commodities including oil, gold and copper fell as the U.S. dollar surged on the Federal Reserve’s outlook on interest rate hikes.</p><p><blockquote>包括石油、黄金和铜在内的大宗商品价格下跌，因美联储加息前景导致美元飙升。</blockquote></p><p> But oil prices were still close to multi-year highs, while gold has since seen a slight rebound, and copper was en route to its biggest weekly decline since March 2020.</p><p><blockquote>但油价仍接近多年高点，而金价此后小幅反弹，铜价有望创下2020年3月以来的最大单周跌幅。</blockquote></p><p> The copper market also remains on course for deficit conditions both over the remainder of this year and into 2022, the bank said, adding recent dips should be viewed as a longer-term buying opportunity.</p><p><blockquote>该行表示，铜市场在今年剩余时间和2022年仍将处于赤字状态，并补充说近期的下跌应被视为长期买入机会。</blockquote></p><p> A recovery in commodities markets excluding energy markets, however, is likely to be slower than from recent sell-offs as transient shocks from weather and Chinese-mandated repositioning have generated negative technical breakthroughs, Goldman warned.</p><p><blockquote>然而，高盛警告称，由于天气和中国强制重新定位的短暂冲击产生了负面的技术突破，不包括能源市场在内的大宗商品市场的复苏可能会慢于最近的抛售。</blockquote></p><p> Earlier this month, China’s state planner renewed a pledge to step up monitoring of commodity prices and strengthen supervision of spot and futures markets, as producer inflation in the country hit over 12 year-highs.</p><p><blockquote>本月早些时候，中国国家规划者再次承诺加强对大宗商品价格的监控，并加强对现货和期货市场的监管，因为中国的生产者通胀创下了12年来的新高。</blockquote></p><p> Goldman also viewed gold as under-valued relative to both real and nominal fundamentals.</p><p><blockquote>高盛还认为，相对于实际和名义基本面，黄金被低估。</blockquote></p><p> “In fact, gold is now pricing a Goldilocks scenario of strong growth without any inflation, implying limited demand for it as either a defensive asset or inflation hedge.”</p><p><blockquote>“事实上，黄金现在定价的是在没有任何通胀的情况下强劲增长的金发姑娘情景，这意味着对其作为防御性资产或通胀对冲的需求有限。”</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.reuters.com/article/commodities-research-goldman/goldman-sees-fed-driven-dip-in-commodities-as-a-buying-opportunity-idUSL3N2O02QT\">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":{"GS":"高盛"},"source_url":"https://www.reuters.com/article/commodities-research-goldman/goldman-sees-fed-driven-dip-in-commodities-as-a-buying-opportunity-idUSL3N2O02QT","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1131081247","content_text":"(Reuters) - Goldman Sachs said on Friday the recent slip in commodities prices driven by the U.S. Federal Reserve’s decision to bring forward projections for interest rate hikes into 2023 was a buying opportunity for investors.\n“The bullish commodity thesis is neither about inflation risks nor Fed forward guidance. It is about scarcity and strong physical demand,” the Wall Street bank said in a note.\nPhysical scarcity, caused by robust demand growth and inelastic supply, could drive Brent crude oil prices to average $80 in the third quarter, with potential spikes above that level, Goldman analysts wrote.\nPrices of commodities including oil, gold and copper fell as the U.S. dollar surged on the Federal Reserve’s outlook on interest rate hikes.\nBut oil prices were still close to multi-year highs, while gold has since seen a slight rebound, and copper was en route to its biggest weekly decline since March 2020.\nThe copper market also remains on course for deficit conditions both over the remainder of this year and into 2022, the bank said, adding recent dips should be viewed as a longer-term buying opportunity.\nA recovery in commodities markets excluding energy markets, however, is likely to be slower than from recent sell-offs as transient shocks from weather and Chinese-mandated repositioning have generated negative technical breakthroughs, Goldman warned.\nEarlier this month, China’s state planner renewed a pledge to step up monitoring of commodity prices and strengthen supervision of spot and futures markets, as producer inflation in the country hit over 12 year-highs.\nGoldman also viewed gold as under-valued relative to both real and nominal fundamentals.\n“In fact, gold is now pricing a Goldilocks scenario of strong growth without any inflation, implying limited demand for it as either a defensive asset or inflation hedge.”","news_type":1,"symbols_score_info":{"GS":0.9}},"isVote":1,"tweetType":1,"viewCount":1630,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":132674982,"gmtCreate":1622088656346,"gmtModify":1634183940362,"author":{"id":"3581993780373716","authorId":"3581993780373716","name":"cjng85","avatar":"https://static.tigerbbs.com/9680da849278b62caf21a1e6d7840391","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3581993780373716","idStr":"3581993780373716"},"themes":[],"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/132674982","repostId":"2138149518","repostType":4,"isVote":1,"tweetType":1,"viewCount":631,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":132676959,"gmtCreate":1622088467571,"gmtModify":1634183942845,"author":{"id":"3581993780373716","authorId":"3581993780373716","name":"cjng85","avatar":"https://static.tigerbbs.com/9680da849278b62caf21a1e6d7840391","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3581993780373716","idStr":"3581993780373716"},"themes":[],"htmlText":"Good","listText":"Good","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/132676959","repostId":"1181132170","repostType":4,"repost":{"id":"1181132170","kind":"news","weMediaInfo":{"introduction":"Stock Market Quotes, Business News, Financial News, Trading Ideas, and Stock Research by Professionals","home_visible":0,"media_name":"Benzinga","id":"1052270027","head_image":"https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa"},"pubTimestamp":1622082916,"share":"https://www.laohu8.com/m/news/1181132170?lang=zh_CN&edition=full","pubTime":"2021-05-27 10:35","market":"us","language":"en","title":"What's Going On With BlackBerry Stock?<blockquote>黑莓股票怎么了？</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1181132170","media":"Benzinga","summary":"Shares of BlackBerry Limited BB 10.01%rose about 10% in the regular trading session on Wednesday and","content":"<p>Shares of&nbsp;<b>BlackBerry Limited</b>&nbsp;BB 10.01%rose about 10% in the regular trading session on Wednesday and jumped&nbsp;another 6.7% in the extended trading session.</p><p><blockquote>本公司之股份<b>黑莓有限公司</b>BB 10.01%在周三常规交易时段上涨约10%，在延长交易时段又上涨6.7%。</blockquote></p><p> <b>What Happened:</b>&nbsp;BlackBerry shares spiked as the latest meme stock rally expanded beyond<b>AMC Entertainment Holdings Inc.</b>AMC 19.09%and<b>GameStop Corp.</b>GME 15.7%on Wednesday.</p><p><blockquote><b>发生了什么：</b>随着最新的模因股票涨势扩大，黑莓股价飙升<b>AMC院线控股公司。</b>AMC 19.09%和<b>游戏驿站公司。</b>GME周三上涨15.7%。</blockquote></p><p> The Canada-based company’s shares hit a high of $28.77 in late January this year amid the short squeeze, but have tanked since then. The stock’s year-to-date gains stand at 29.6%.</p><p><blockquote>这家总部位于加拿大的公司的股价在今年1月底的空头挤压中触及28.77美元的高点，但此后一直下跌。该股今年迄今的涨幅为29.6%。</blockquote></p><p> BlackBerry, once known for being the world's largest smartphone manufacturer, is now exclusively a software provider with a stated goal of end-to-end secure communication for enterprises.</p><p><blockquote>黑莓曾经以全球最大的智能手机制造商而闻名，现在是一家软件提供商，其既定目标是为企业提供端到端安全通信。</blockquote></p><p> <b>Why It Matters:</b>&nbsp;The “meme” stocks that were the focus of retail investors on Reddit earlier this year are riding another wave higher as the ‘Reddit army' continues to band together in an attempt to squeeze the stocks higher. BlackBerry has also been a favorite stock of the investors on Reddit's r/WallStreetBets forum.</p><p><blockquote><b>为什么重要：</b>随着“Reddit大军”继续联合起来试图推高股票，今年早些时候成为Reddit上散户投资者关注的“模因”股票正在经历另一波上涨。黑莓也是Reddit r/WallStreetBets论坛上投资者最喜欢的股票。</blockquote></p><p> According to data from analytics firm Ortex, short sellers lost$618 millionfollowing the rally in meme stocks GameStop and AMC Entertainment on Tuesday. Short sellers are those betting for declines in the company’s shares.</p><p><blockquote>根据分析公司Ortex的数据，周二meme股票游戏驿站和AMC院线上涨后，卖空者损失了6.18亿美元。卖空者是那些押注公司股价下跌的人。</blockquote></p><p> <b>Price Action:</b>&nbsp;BlackBerry shares closed 9.9% higher in Wednesday’s regular trading session at $9.44 and further rose almost 6.7% in the after-hours session to $10.07.</p><p><blockquote><b>价格走势：</b>黑莓股价在周三常规交易时段收盘上涨9.9%，至9.44美元，盘后交易时段进一步上涨近6.7%，至10.07美元。</blockquote></p><p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>What's Going On With BlackBerry Stock?<blockquote>黑莓股票怎么了？</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's Going On With BlackBerry Stock?<blockquote>黑莓股票怎么了？</blockquote>\n</h2>\n<h4 class=\"meta\">\n<div class=\"head\" \">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Benzinga </p>\n<p class=\"h-time smaller\">2021-05-27 10:35</p>\n</div>\n</div>\n</h4>\n</header>\n<article>\n<p>Shares of&nbsp;<b>BlackBerry Limited</b>&nbsp;BB 10.01%rose about 10% in the regular trading session on Wednesday and jumped&nbsp;another 6.7% in the extended trading session.</p><p><blockquote>本公司之股份<b>黑莓有限公司</b>BB 10.01%在周三常规交易时段上涨约10%，在延长交易时段又上涨6.7%。</blockquote></p><p> <b>What Happened:</b>&nbsp;BlackBerry shares spiked as the latest meme stock rally expanded beyond<b>AMC Entertainment Holdings Inc.</b>AMC 19.09%and<b>GameStop Corp.</b>GME 15.7%on Wednesday.</p><p><blockquote><b>发生了什么：</b>随着最新的模因股票涨势扩大，黑莓股价飙升<b>AMC院线控股公司。</b>AMC 19.09%和<b>游戏驿站公司。</b>GME周三上涨15.7%。</blockquote></p><p> The Canada-based company’s shares hit a high of $28.77 in late January this year amid the short squeeze, but have tanked since then. The stock’s year-to-date gains stand at 29.6%.</p><p><blockquote>这家总部位于加拿大的公司的股价在今年1月底的空头挤压中触及28.77美元的高点，但此后一直下跌。该股今年迄今的涨幅为29.6%。</blockquote></p><p> BlackBerry, once known for being the world's largest smartphone manufacturer, is now exclusively a software provider with a stated goal of end-to-end secure communication for enterprises.</p><p><blockquote>黑莓曾经以全球最大的智能手机制造商而闻名，现在是一家软件提供商，其既定目标是为企业提供端到端安全通信。</blockquote></p><p> <b>Why It Matters:</b>&nbsp;The “meme” stocks that were the focus of retail investors on Reddit earlier this year are riding another wave higher as the ‘Reddit army' continues to band together in an attempt to squeeze the stocks higher. BlackBerry has also been a favorite stock of the investors on Reddit's r/WallStreetBets forum.</p><p><blockquote><b>为什么重要：</b>随着“Reddit大军”继续联合起来试图推高股票，今年早些时候成为Reddit上散户投资者关注的“模因”股票正在经历另一波上涨。黑莓也是Reddit r/WallStreetBets论坛上投资者最喜欢的股票。</blockquote></p><p> According to data from analytics firm Ortex, short sellers lost$618 millionfollowing the rally in meme stocks GameStop and AMC Entertainment on Tuesday. Short sellers are those betting for declines in the company’s shares.</p><p><blockquote>根据分析公司Ortex的数据，周二meme股票游戏驿站和AMC院线上涨后，卖空者损失了6.18亿美元。卖空者是那些押注公司股价下跌的人。</blockquote></p><p> <b>Price Action:</b>&nbsp;BlackBerry shares closed 9.9% higher in Wednesday’s regular trading session at $9.44 and further rose almost 6.7% in the after-hours session to $10.07.</p><p><blockquote><b>价格走势：</b>黑莓股价在周三常规交易时段收盘上涨9.9%，至9.44美元，盘后交易时段进一步上涨近6.7%，至10.07美元。</blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BB":"黑莓"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1181132170","content_text":"Shares of BlackBerry Limited BB 10.01%rose about 10% in the regular trading session on Wednesday and jumped another 6.7% in the extended trading session.\nWhat Happened: BlackBerry shares spiked as the latest meme stock rally expanded beyondAMC Entertainment Holdings Inc.AMC 19.09%andGameStop Corp.GME 15.7%on Wednesday.\nThe Canada-based company’s shares hit a high of $28.77 in late January this year amid the short squeeze, but have tanked since then. The stock’s year-to-date gains stand at 29.6%.\nBlackBerry, once known for being the world's largest smartphone manufacturer, is now exclusively a software provider with a stated goal of end-to-end secure communication for enterprises.\nWhy It Matters: The “meme” stocks that were the focus of retail investors on Reddit earlier this year are riding another wave higher as the ‘Reddit army' continues to band together in an attempt to squeeze the stocks higher. BlackBerry has also been a favorite stock of the investors on Reddit's r/WallStreetBets forum.\nAccording to data from analytics firm Ortex, short sellers lost$618 millionfollowing the rally in meme stocks GameStop and AMC Entertainment on Tuesday. Short sellers are those betting for declines in the company’s shares.\nPrice Action: BlackBerry shares closed 9.9% higher in Wednesday’s regular trading session at $9.44 and further rose almost 6.7% in the after-hours session to $10.07.","news_type":1,"symbols_score_info":{"BB":0.9}},"isVote":1,"tweetType":1,"viewCount":612,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":107381115,"gmtCreate":1620444911437,"gmtModify":1634198702924,"author":{"id":"3581993780373716","authorId":"3581993780373716","name":"cjng85","avatar":"https://static.tigerbbs.com/9680da849278b62caf21a1e6d7840391","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3581993780373716","idStr":"3581993780373716"},"themes":[],"htmlText":"Good","listText":"Good","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/107381115","repostId":"1188056695","repostType":4,"repost":{"id":"1188056695","kind":"news","pubTimestamp":1620442032,"share":"https://www.laohu8.com/m/news/1188056695?lang=zh_CN&edition=full","pubTime":"2021-05-08 10:47","market":"us","language":"en","title":"Jeff Bezos sold nearly $5 billion in Amazon shares this week<blockquote>杰夫·贝索斯本周出售近50亿美元亚马逊股票</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1188056695","media":"Market Wacth","summary":"Amazon co-founder’s post-earnings sales hit a new high, with largest concentrated disposal of shares","content":"<p>Amazon co-founder’s post-earnings sales hit a new high, with largest concentrated disposal of shares since his divorce amid plans to step down as CEO</p><p><blockquote>亚马逊联合创始人财报后销售额创新高计划卸任CEO之际离婚以来最大规模股份集中处置</blockquote></p><p> Amazon.com Inc. Chief Executive Jeff Bezos sold roughly $5 billion worth of shares in his company this week, his largest concentrated disposal of shares since his divorce.</p><p><blockquote>亚马逊首席执行官杰夫·贝索斯本周出售了价值约50亿美元的公司股票，这是他离婚以来最大规模的股票集中处置。</blockquote></p><p> According to filings with the Securities and Exchange Commission, Bezos sold roughly 1.48 million shares in separate transactions Monday through Thursday, with proceeds of $4.91 billion, according to tabulations performed by Dow Jones Market Data group. The stock sales were prearranged through a 10b5-1 trading plan, according to the filings.</p><p><blockquote>根据向美国证券交易委员会提交的文件，根据道琼斯市场数据集团进行的制表，贝佐斯在周一至周四的单独交易中出售了约148万股股票，收益为49.1亿美元。文件显示，股票销售是通过10b5-1交易计划预先安排的。</blockquote></p><p> Bezos has made a habit recently of selling large tranches of shares not long after AmazonAMZN,-0.45%reports earnings. Last week,Amazon reported it tripled profit in its first quarter, compared with a year ago, and forecast sales above $110 billion in the second quarter. That is expected to be the last full quarter with Bezos as CEO; earlier this year Bezos said he would step down in the third quarter to become executive chairman of Amazon.</p><p><blockquote>贝佐斯最近养成了在亚马逊AMZN(-0.45%)公布财报后不久出售大量股票的习惯。上周，亚马逊报告称，第一季度利润较去年同期增长了两倍，并预计第二季度销售额将超过1100亿美元。预计这将是贝佐斯担任首席执行官的最后一个完整季度；今年早些时候，贝佐斯表示，他将在第三季度卸任，出任亚马逊执行董事长。</blockquote></p><p> Previous sales were not as large, however, coming in closer to $3 billion to $4 billion, such as inNovemberandFebruary 2020. This appears to be the largest disposal of Amazon shares for Bezos sincehe cleaved off billions in stock for his ex-wife, MacKenzie Bezos, during their divorce.</p><p><blockquote>然而，之前的销售额并没有那么大，接近30亿至40亿美元，例如2020年11月和2月。这似乎是贝佐斯自离婚期间为前妻麦肯齐·贝佐斯出售数十亿美元股票以来最大规模的亚马逊股票处置。</blockquote></p><p> Last year,Bezos sold more than $9 billionin Amazon stock in total, and he has previously said about $1 billion of that goes every year to his rocket startup, Blue Origin. Bezos — the world’s wealthiest individual, according to theBloomberg Billionaires Index, with a net worth of about $191 billion — still holds about 51.7 million shares of Amazon, according to the final SEC filing of the week.</p><p><blockquote>去年，贝佐斯总共出售了价值超过90亿美元的亚马逊股票，他此前曾表示，其中每年约有10亿美元流向他的火箭初创公司蓝色起源。根据彭博亿万富翁指数，贝佐斯是世界上最富有的人，净资产约为1910亿美元，根据本周向SEC提交的最终文件，他仍持有约5170万股亚马逊股票。</blockquote></p><p> Amazon sharesAMZN,-0.45%declined in four of the five trading sessions this week, for a weekly decline of 5.1%, the stock’s worst weekly performance since the week ending Nov. 13, which was alsoa week in which Bezos sold billions of dollars worth of stockand shares dipped more than 5%. Amazon stock is up 1.1% in 2021 and 39% in the past 12 months, compared to the S&amp;P 500’sSPX,+0.74%45.8% gain in the past year.</p><p><blockquote>亚马逊股价AMZN,-0.45%本周五个交易日中有四个交易日下跌，周跌幅为5.1%，这是该股自截至11月13日当周以来最糟糕的周表现，这也是贝佐斯出售价值数十亿美元的一周股票和股价下跌超过5%。亚马逊股价2021年上涨1.1%，过去12个月上涨39%，而标普500 SPX指数去年上涨0.74%45.8%。</blockquote></p><p></p>","source":"lsy1604288433698","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Jeff Bezos sold nearly $5 billion in Amazon shares this week<blockquote>杰夫·贝索斯本周出售近50亿美元亚马逊股票</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nJeff Bezos sold nearly $5 billion in Amazon shares this week<blockquote>杰夫·贝索斯本周出售近50亿美元亚马逊股票</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Market Wacth</strong><span class=\"h-time small\">2021-05-08 10:47</span>\n</p>\n</h4>\n</header>\n<article>\n<p>Amazon co-founder’s post-earnings sales hit a new high, with largest concentrated disposal of shares since his divorce amid plans to step down as CEO</p><p><blockquote>亚马逊联合创始人财报后销售额创新高计划卸任CEO之际离婚以来最大规模股份集中处置</blockquote></p><p> Amazon.com Inc. Chief Executive Jeff Bezos sold roughly $5 billion worth of shares in his company this week, his largest concentrated disposal of shares since his divorce.</p><p><blockquote>亚马逊首席执行官杰夫·贝索斯本周出售了价值约50亿美元的公司股票，这是他离婚以来最大规模的股票集中处置。</blockquote></p><p> According to filings with the Securities and Exchange Commission, Bezos sold roughly 1.48 million shares in separate transactions Monday through Thursday, with proceeds of $4.91 billion, according to tabulations performed by Dow Jones Market Data group. The stock sales were prearranged through a 10b5-1 trading plan, according to the filings.</p><p><blockquote>根据向美国证券交易委员会提交的文件，根据道琼斯市场数据集团进行的制表，贝佐斯在周一至周四的单独交易中出售了约148万股股票，收益为49.1亿美元。文件显示，股票销售是通过10b5-1交易计划预先安排的。</blockquote></p><p> Bezos has made a habit recently of selling large tranches of shares not long after AmazonAMZN,-0.45%reports earnings. Last week,Amazon reported it tripled profit in its first quarter, compared with a year ago, and forecast sales above $110 billion in the second quarter. That is expected to be the last full quarter with Bezos as CEO; earlier this year Bezos said he would step down in the third quarter to become executive chairman of Amazon.</p><p><blockquote>贝佐斯最近养成了在亚马逊AMZN(-0.45%)公布财报后不久出售大量股票的习惯。上周，亚马逊报告称，第一季度利润较去年同期增长了两倍，并预计第二季度销售额将超过1100亿美元。预计这将是贝佐斯担任首席执行官的最后一个完整季度；今年早些时候，贝佐斯表示，他将在第三季度卸任，出任亚马逊执行董事长。</blockquote></p><p> Previous sales were not as large, however, coming in closer to $3 billion to $4 billion, such as inNovemberandFebruary 2020. This appears to be the largest disposal of Amazon shares for Bezos sincehe cleaved off billions in stock for his ex-wife, MacKenzie Bezos, during their divorce.</p><p><blockquote>然而，之前的销售额并没有那么大，接近30亿至40亿美元，例如2020年11月和2月。这似乎是贝佐斯自离婚期间为前妻麦肯齐·贝佐斯出售数十亿美元股票以来最大规模的亚马逊股票处置。</blockquote></p><p> Last year,Bezos sold more than $9 billionin Amazon stock in total, and he has previously said about $1 billion of that goes every year to his rocket startup, Blue Origin. Bezos — the world’s wealthiest individual, according to theBloomberg Billionaires Index, with a net worth of about $191 billion — still holds about 51.7 million shares of Amazon, according to the final SEC filing of the week.</p><p><blockquote>去年，贝佐斯总共出售了价值超过90亿美元的亚马逊股票，他此前曾表示，其中每年约有10亿美元流向他的火箭初创公司蓝色起源。根据彭博亿万富翁指数，贝佐斯是世界上最富有的人，净资产约为1910亿美元，根据本周向SEC提交的最终文件，他仍持有约5170万股亚马逊股票。</blockquote></p><p> Amazon sharesAMZN,-0.45%declined in four of the five trading sessions this week, for a weekly decline of 5.1%, the stock’s worst weekly performance since the week ending Nov. 13, which was alsoa week in which Bezos sold billions of dollars worth of stockand shares dipped more than 5%. Amazon stock is up 1.1% in 2021 and 39% in the past 12 months, compared to the S&amp;P 500’sSPX,+0.74%45.8% gain in the past year.</p><p><blockquote>亚马逊股价AMZN,-0.45%本周五个交易日中有四个交易日下跌，周跌幅为5.1%，这是该股自截至11月13日当周以来最糟糕的周表现，这也是贝佐斯出售价值数十亿美元的一周股票和股价下跌超过5%。亚马逊股价2021年上涨1.1%，过去12个月上涨39%，而标普500 SPX指数去年上涨0.74%45.8%。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.marketwatch.com/story/jeff-bezos-just-sold-nearly-2-5-billion-in-amazon-shares-11620264680?mod=home-page\">Market Wacth</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AMZN":"亚马逊"},"source_url":"https://www.marketwatch.com/story/jeff-bezos-just-sold-nearly-2-5-billion-in-amazon-shares-11620264680?mod=home-page","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1188056695","content_text":"Amazon co-founder’s post-earnings sales hit a new high, with largest concentrated disposal of shares since his divorce amid plans to step down as CEO\nAmazon.com Inc. Chief Executive Jeff Bezos sold roughly $5 billion worth of shares in his company this week, his largest concentrated disposal of shares since his divorce.\nAccording to filings with the Securities and Exchange Commission, Bezos sold roughly 1.48 million shares in separate transactions Monday through Thursday, with proceeds of $4.91 billion, according to tabulations performed by Dow Jones Market Data group. The stock sales were prearranged through a 10b5-1 trading plan, according to the filings.\nBezos has made a habit recently of selling large tranches of shares not long after AmazonAMZN,-0.45%reports earnings. Last week,Amazon reported it tripled profit in its first quarter, compared with a year ago, and forecast sales above $110 billion in the second quarter. That is expected to be the last full quarter with Bezos as CEO; earlier this year Bezos said he would step down in the third quarter to become executive chairman of Amazon.\nPrevious sales were not as large, however, coming in closer to $3 billion to $4 billion, such as inNovemberandFebruary 2020. This appears to be the largest disposal of Amazon shares for Bezos sincehe cleaved off billions in stock for his ex-wife, MacKenzie Bezos, during their divorce.\nLast year,Bezos sold more than $9 billionin Amazon stock in total, and he has previously said about $1 billion of that goes every year to his rocket startup, Blue Origin. Bezos — the world’s wealthiest individual, according to theBloomberg Billionaires Index, with a net worth of about $191 billion — still holds about 51.7 million shares of Amazon, according to the final SEC filing of the week.\nAmazon sharesAMZN,-0.45%declined in four of the five trading sessions this week, for a weekly decline of 5.1%, the stock’s worst weekly performance since the week ending Nov. 13, which was alsoa week in which Bezos sold billions of dollars worth of stockand shares dipped more than 5%. Amazon stock is up 1.1% in 2021 and 39% in the past 12 months, compared to the S&P 500’sSPX,+0.74%45.8% gain in the past year.","news_type":1,"symbols_score_info":{"AMZN":0.9}},"isVote":1,"tweetType":1,"viewCount":867,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":104687556,"gmtCreate":1620385476075,"gmtModify":1634205619059,"author":{"id":"3581993780373716","authorId":"3581993780373716","name":"cjng85","avatar":"https://static.tigerbbs.com/9680da849278b62caf21a1e6d7840391","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3581993780373716","idStr":"3581993780373716"},"themes":[],"htmlText":"Good","listText":"Good","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/104687556","repostId":"1157328258","repostType":4,"repost":{"id":"1157328258","kind":"news","pubTimestamp":1620360165,"share":"https://www.laohu8.com/m/news/1157328258?lang=zh_CN&edition=full","pubTime":"2021-05-07 12:02","market":"us","language":"en","title":"Amazon: The Most Clearly Undervalued Company<blockquote>亚马逊：最明显被低估的公司</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1157328258","media":"Seeking alpha","summary":"SummaryAmazon is one of the companies whose growth has not yet reached its limit and not even entere","content":"<p>Summary</p><p><blockquote>总结</blockquote></p><p><ul><li>Amazon is one of the companies whose growth has not yet reached its limit and not even entered the plateau phase.</li><li>In terms of comparative valuation, AMZN is undervalued against the market.</li><li>DCF-based Amazon stock price target suggests 30% upside potential. But I think this is not even a basic scenario, but a pessimistic scenario.</li></ul>I present my comprehensive Amazon (AMZN) analysis in light of the results of the last quarter.</p><p><blockquote><ul><li>亚马逊是增长尚未达到极限，甚至还没有进入平台期的公司之一。</li><li>就比较估值而言，AMZN相对于市场被低估。</li><li>基于DCF的亚马逊股价目标显示30%的上涨潜力。但我认为这甚至不是一个基本的情景，而是一个悲观的情景。</li></ul>我根据上个季度的业绩对亚马逊（AMZN）进行了全面的分析。</blockquote></p><p>#1 Price vs. Growth</p><p><blockquote>#1价格与增长</blockquote></p><p>First of all, let's assess whether we can statistically state that Amazon's growth has accelerated or slowed down in the last quarter. To do this, let's compare the revenue growth trends of the key segments of the company with and without the results of the last four quarters.</p><p><blockquote>首先，我们来评估一下我们是否可以从统计数据上说明亚马逊上个季度的增长是加速还是放缓。为此，让我们比较一下有和没有过去四个季度业绩的公司关键部门的收入增长趋势。</blockquote></p><p>The dynamics of the 'Online Stores' segment showed a qualitative breakthrough. Without taking into account the last four quarters, a near-linear trend was observed here. Now, it has become exponential:</p><p><blockquote>“在线商店”部分的动态显示出质的突破。在不考虑过去四个季度的情况下，这里观察到了接近线性的趋势。现在，它已经成为指数级增长：</blockquote></p><p><img src=\"https://static.tigerbbs.com/bac49a9df0e5b978dc15e20bedfce3da\" tg-width=\"640\" tg-height=\"396\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p><i>Source: VisualizedAnalytics.com</i></p><p><blockquote><i>资料来源：VisualizedAnalytics.com</i></blockquote></p><p>The 'Third-Party Seller Services' segment - the exponential growth continues:</p><p><blockquote>“第三方卖家服务”细分市场——指数级增长仍在继续：</blockquote></p><p><img src=\"https://static.tigerbbs.com/6b58df42726bc01c8a5e5c2940d0476d\" tg-width=\"640\" tg-height=\"396\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p><i>Source: VisualizedAnalytics.com</i></p><p><blockquote><i>资料来源：VisualizedAnalytics.com</i></blockquote></p><p>The 'Subscription Services' (Amazon Prime) segment - here the acceleration remains, and the result of the last quarter was better than the trend:</p><p><blockquote>“订阅服务”（Amazon Prime）细分市场——这里的加速仍然存在，上个季度的结果好于趋势：</blockquote></p><p><i>Source: VisualizedAnalytics.com</i></p><p><blockquote><i>资料来源：VisualizedAnalytics.com</i></blockquote></p><p>The 'Other' (advertising services) segment has also showed a significant acceleration:<img src=\"https://static.tigerbbs.com/a58095394bdd79d561166a74942a9e55\" tg-width=\"640\" tg-height=\"396\" referrerpolicy=\"no-referrer\"></p><p><blockquote>“其他”（广告服务）部门也显示出显着的加速：</blockquote></p><p><i>Source: VisualizedAnalytics.com</i></p><p><blockquote><i>资料来源：VisualizedAnalytics.com</i></blockquote></p><p>The growth trend of 'Amazon Web Services' has slowed down, but judging by the results of the last quarter, there is a gradual return to the previous trend:</p><p><blockquote>‘Amazon Web Services’的增长趋势有所放缓，但从上个季度的结果来看，有逐渐回归之前的趋势：</blockquote></p><p><img src=\"https://static.tigerbbs.com/07069ccaab37c32eed56da69881e7bce\" tg-width=\"640\" tg-height=\"396\" referrerpolicy=\"no-referrer\"><i>Source: VisualizedAnalytics.com</i></p><p><blockquote><i>资料来源：VisualizedAnalytics.com</i></blockquote></p><p>Geographically, Amazon's revenue was also significantly better than the trend:</p><p><blockquote>从地域上看，亚马逊的营收也明显好于趋势：</blockquote></p><p><img src=\"https://static.tigerbbs.com/a1d9246e5c01aac6c62e49ad7cd73e2c\" tg-width=\"640\" tg-height=\"396\" referrerpolicy=\"no-referrer\"><img src=\"https://static.tigerbbs.com/0e7276161a3d2b2159ab3d727d3cb7d9\" tg-width=\"640\" tg-height=\"396\" referrerpolicy=\"no-referrer\"><i>Source: VisualizedAnalytics.com</i></p><p><blockquote><i>资料来源：VisualizedAnalytics.com</i></blockquote></p><p><i>So, statistically, not subjectively, we should recognize the acceleration of the company's growth</i><i><b>in all key segments</b></i><i>. In my opinion, this is exactly what is expected from Amazon.</i></p><p><blockquote><i>因此，从统计上，而不是主观上，我们应该认识到公司增长的加速</i><i><b>在所有关键细分市场</b></i><i>.在我看来，这正是人们对亚马逊的期望。</i></blockquote></p><p>Further. Over the last 10 years, Amazon's capitalization has been in a qualitative linear relationship with its revenue:</p><p><blockquote>更远地。在过去10年中，亚马逊的资本化与其收入呈定性线性关系：</blockquote></p><p><img src=\"https://static.tigerbbs.com/f105c314902d29dae4d0f0e400aa2245\" tg-width=\"640\" tg-height=\"396\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p><i>Source: VisualizedAnalytics.com</i></p><p><blockquote><i>资料来源：VisualizedAnalytics.com</i></blockquote></p><p>There is also a certain influence of the company's revenue growth rate on its multiples:</p><p><blockquote>公司营收增速对其倍数也有一定影响：</blockquote></p><p><img src=\"https://static.tigerbbs.com/8beca01b5624a15aab79465c580ded6b\" tg-width=\"640\" tg-height=\"396\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p><i>Source: VisualizedAnalytics.com</i></p><p><blockquote><i>资料来源：VisualizedAnalytics.com</i></blockquote></p><p>Based on these two relationships and taking into account the influence of the growth of theM2 money stockin the US, it is possible to build another model that allows us to determine the balanced level of the company's capitalization. In addition, this model allows to model the growth of the company's capitalization based on the current expectations of analysts regarding the company's revenue growth in the next four quarters. Here is this model:</p><p><blockquote>基于这两种关系，并考虑到美国货币存量增长的影响，有可能建立另一个模型，使我们能够确定公司资本化的平衡水平。此外，该模型允许根据分析师当前对公司未来四个季度收入增长的预期来模拟公司资本的增长。这是这个模型：</blockquote></p><p><img src=\"https://static.tigerbbs.com/083fa1dc350e5e54cc7d3145744c9e4c\" tg-width=\"640\" tg-height=\"396\" referrerpolicy=\"no-referrer\"><img src=\"https://static.tigerbbs.com/d63f0cff5e0dd83343d26ee90552a033\" tg-width=\"640\" tg-height=\"396\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p><i>Source: VisualizedAnalytics.com</i></p><p><blockquote><i>资料来源：VisualizedAnalytics.com</i></blockquote></p><p><i>As you can see, firstly, this model indicates that the company's current price is already</i><i><b>below the balanced level</b></i><i>. And secondly, it assumes a</i><i><b>25% growth</b></i><i>in capitalization in the next four quarters.</i></p><p><blockquote><i>正如你所看到的，首先，这个模型表明公司当前的价格已经</i><i><b>低于平衡水平</b></i><i>其次，它假设</i><i><b>25%增长</b></i><i>未来四个季度的资本化。</i></blockquote></p><p>#2 Comparative Valuation</p><p><blockquote>#2比较估值</blockquote></p><p>In the previous block, I modeled Amazon's balanced price based on revenue. What is remarkable is that if we apply the same approach to the comparative valuation of the company using multiples, we will fail. At least I have not been able to find a single revenue-based multiple that would make it possible to successfully compare Amazon to other companies. But the forward P/E (next FY) multiple adjusted by the expected EPS annual growth rate made it possible to find a suitable model:</p><p><blockquote>在上一个模块中，我根据收入对亚马逊的均衡价格进行了建模。值得注意的是，如果我们用同样的方法使用倍数对公司进行比较估值，我们就会失败。至少我还没有找到一个基于收入的倍数来成功地将亚马逊与其他公司进行比较。但根据预期每股收益年增长率调整后的远期市盈率（下一财年）倍数使得找到合适的模型成为可能：</blockquote></p><p></p><p><img src=\"https://static.tigerbbs.com/97ac0310bcef622e12c8c21d46979f7e\" tg-width=\"640\" tg-height=\"396\" referrerpolicy=\"no-referrer\"><img src=\"https://static.tigerbbs.com/8d7573ff8a7fc00719a51042f09fc989\" tg-width=\"640\" tg-height=\"396\" referrerpolicy=\"no-referrer\"><i>Source: VisualizedAnalytics.com</i></p><p><blockquote><i>资料来源：VisualizedAnalytics.com</i></blockquote></p><p><i>As you can see, judging by this multiple, Amazon is significantly undervalued.</i></p><p><blockquote><i>正如你所看到的，从这个倍数来看，亚马逊被严重低估了。</i></blockquote></p><p>#3 Discounted Cash Flow Model</p><p><blockquote>#3贴现现金流模型</blockquote></p><p>When predicting Amazon's revenue for the next decade, I proceeded from the average expectations ofanalysts:</p><p><blockquote>在预测亚马逊未来十年的收入时，我从分析师的平均预期出发：</blockquote></p><p><img src=\"https://static.tigerbbs.com/9f41298db73dbcd92469026cc4e767c4\" tg-width=\"640\" tg-height=\"323\" referrerpolicy=\"no-referrer\"><i>Source: Seeking Alpha Pro</i></p><p><blockquote><i>资料来源：寻求Alpha Pro</i></blockquote></p><p>When predicting the dynamics of Amazon's operating margin, I also proceeded from analysts'expectationsregarding the growth of the company's EPS, and taking into account the gradual increase in the tax rate to 25%. In my opinion, a gradual increase in the operating margin to 8% in the terminal year is a very realistic scenario.</p><p><blockquote>在预测亚马逊营业利润率的动态时，我也从分析师对公司每股收益增长的预期出发，并考虑到税率逐渐提高到25%。在我看来，在终端年将营业利润率逐步提高到8%是一个非常现实的情况。</blockquote></p><p>Here is the calculation of the Weighted Average Cost of Capital:</p><p><blockquote>以下是加权平均资本成本的计算：</blockquote></p><p><img src=\"https://static.tigerbbs.com/759163398701e54efd7cfabd11a0867d\" tg-width=\"480\" tg-height=\"374\" referrerpolicy=\"no-referrer\"><i>Source: Author</i></p><p><blockquote><i>来源：作者</i></blockquote></p><p>Some explanations:</p><p><blockquote>一些解释：</blockquote></p><p><ul><li>In order to calculate the market rate of return, I used values of equityriskpremium (4.72%) and the current yield of UST10 as a risk-free rate (1.6%).</li><li>I used the currentvalueof the three-year beta coefficient (0.92). For the terminal year, I used Beta equal to 1.</li><li>To calculate the Cost of Debt, I used the interest expense for 2019 and 2020 divided by the debt value for the same years.</li></ul>Here is the model itself:</p><p><blockquote><ul><li>为了计算市场回报率，我使用了equityriskpremium（4.72%）和UST10的当前收益率作为无风险利率（1.6%）。</li><li>我使用了三年贝塔系数的当前值（0.92）。在最后一年，我使用Beta等于1。</li><li>为了计算债务成本，我使用2019年和2020年的利息支出除以同年的债务价值。</li></ul>以下是模型本身：</blockquote></p><p><img src=\"https://static.tigerbbs.com/0df02bca01b3ef74d3b640d95eb00590\" tg-width=\"640\" tg-height=\"528\" referrerpolicy=\"no-referrer\">(In high resolution)</p><p><blockquote>（高分辨率）</blockquote></p><p><i>Source: Author</i></p><p><blockquote><i>来源：作者</i></blockquote></p><p><i>The DCF-based target price of Amazon's shares is $4,280, offering 29% upside.</i></p><p><blockquote><i>亚马逊股票基于DCF的目标价为4,280美元，上涨空间为29%。</i></blockquote></p><p>Final thoughts</p><p><blockquote>最后的想法</blockquote></p><p><ol><li>Amazon is one of the companies whose growth has not yet reached its limit and not even entered the plateau phase. In a sense, this is a startup with $73 billion cash.</li><li>The fact that Amazon remains in the acceleration phase does not mean that its capitalization is constantly undervalued. But in this case, based on the patterns between the company's capitalization and the parameters of its revenue, we can conclude that the company is<b>undervalued</b>.</li><li>Comparing Amazon to other companies through the prism of expected EPS growth, it must be admitted that the company is<b>much cheaper</b>than the market.</li><li>DCF model based on average expectations analysts indicate a 30% undervaluation. At the start of the year, a similarmodelindicated a 20% undervaluation.</li><li>When you look at Amazon's revenue forecast for the next decade, you realize that the company will face growth problems. But in my opinion,<i>it is better to invest in a company facing growth problems than aging problems</i>.</li></ol></p><p><blockquote><ol><li>亚马逊是增长尚未达到极限，甚至还没有进入平台期的公司之一。从某种意义上说，这是一家拥有730亿美元现金的初创公司。</li><li>亚马逊仍处于加速阶段的事实并不意味着其市值不断被低估。但在这种情况下，根据公司的资本化和收入参数之间的模式，我们可以得出结论，公司是<b>被低估</b>.</li><li>通过预期每股收益增长的棱镜将亚马逊与其他公司进行比较，必须承认该公司是<b>便宜多了</b>比市场。</li><li>基于平均预期的DCF模型分析师表示低估了30%。今年年初，类似的模型显示估值被低估了20%。</li><li>当你看亚马逊未来十年的收入预测时，你会意识到该公司将面临增长问题。但在我看来，<i>投资一家面临增长问题的公司比投资老龄化问题的公司更好</i>.</li></ol></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>Amazon: The Most Clearly Undervalued Company<blockquote>亚马逊：最明显被低估的公司</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\">\nAmazon: The Most Clearly Undervalued Company<blockquote>亚马逊：最明显被低估的公司</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Seeking alpha</strong><span class=\"h-time small\">2021-05-07 12:02</span>\n</p>\n</h4>\n</header>\n<article>\n<p>Summary</p><p><blockquote>总结</blockquote></p><p><ul><li>Amazon is one of the companies whose growth has not yet reached its limit and not even entered the plateau phase.</li><li>In terms of comparative valuation, AMZN is undervalued against the market.</li><li>DCF-based Amazon stock price target suggests 30% upside potential. But I think this is not even a basic scenario, but a pessimistic scenario.</li></ul>I present my comprehensive Amazon (AMZN) analysis in light of the results of the last quarter.</p><p><blockquote><ul><li>亚马逊是增长尚未达到极限，甚至还没有进入平台期的公司之一。</li><li>就比较估值而言，AMZN相对于市场被低估。</li><li>基于DCF的亚马逊股价目标显示30%的上涨潜力。但我认为这甚至不是一个基本的情景，而是一个悲观的情景。</li></ul>我根据上个季度的业绩对亚马逊（AMZN）进行了全面的分析。</blockquote></p><p>#1 Price vs. Growth</p><p><blockquote>#1价格与增长</blockquote></p><p>First of all, let's assess whether we can statistically state that Amazon's growth has accelerated or slowed down in the last quarter. To do this, let's compare the revenue growth trends of the key segments of the company with and without the results of the last four quarters.</p><p><blockquote>首先，我们来评估一下我们是否可以从统计数据上说明亚马逊上个季度的增长是加速还是放缓。为此，让我们比较一下有和没有过去四个季度业绩的公司关键部门的收入增长趋势。</blockquote></p><p>The dynamics of the 'Online Stores' segment showed a qualitative breakthrough. Without taking into account the last four quarters, a near-linear trend was observed here. Now, it has become exponential:</p><p><blockquote>“在线商店”部分的动态显示出质的突破。在不考虑过去四个季度的情况下，这里观察到了接近线性的趋势。现在，它已经成为指数级增长：</blockquote></p><p><img src=\"https://static.tigerbbs.com/bac49a9df0e5b978dc15e20bedfce3da\" tg-width=\"640\" tg-height=\"396\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p><i>Source: VisualizedAnalytics.com</i></p><p><blockquote><i>资料来源：VisualizedAnalytics.com</i></blockquote></p><p>The 'Third-Party Seller Services' segment - the exponential growth continues:</p><p><blockquote>“第三方卖家服务”细分市场——指数级增长仍在继续：</blockquote></p><p><img src=\"https://static.tigerbbs.com/6b58df42726bc01c8a5e5c2940d0476d\" tg-width=\"640\" tg-height=\"396\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p><i>Source: VisualizedAnalytics.com</i></p><p><blockquote><i>资料来源：VisualizedAnalytics.com</i></blockquote></p><p>The 'Subscription Services' (Amazon Prime) segment - here the acceleration remains, and the result of the last quarter was better than the trend:</p><p><blockquote>“订阅服务”（Amazon Prime）细分市场——这里的加速仍然存在，上个季度的结果好于趋势：</blockquote></p><p><i>Source: VisualizedAnalytics.com</i></p><p><blockquote><i>资料来源：VisualizedAnalytics.com</i></blockquote></p><p>The 'Other' (advertising services) segment has also showed a significant acceleration:<img src=\"https://static.tigerbbs.com/a58095394bdd79d561166a74942a9e55\" tg-width=\"640\" tg-height=\"396\" referrerpolicy=\"no-referrer\"></p><p><blockquote>“其他”（广告服务）部门也显示出显着的加速：</blockquote></p><p><i>Source: VisualizedAnalytics.com</i></p><p><blockquote><i>资料来源：VisualizedAnalytics.com</i></blockquote></p><p>The growth trend of 'Amazon Web Services' has slowed down, but judging by the results of the last quarter, there is a gradual return to the previous trend:</p><p><blockquote>‘Amazon Web Services’的增长趋势有所放缓，但从上个季度的结果来看，有逐渐回归之前的趋势：</blockquote></p><p><img src=\"https://static.tigerbbs.com/07069ccaab37c32eed56da69881e7bce\" tg-width=\"640\" tg-height=\"396\" referrerpolicy=\"no-referrer\"><i>Source: VisualizedAnalytics.com</i></p><p><blockquote><i>资料来源：VisualizedAnalytics.com</i></blockquote></p><p>Geographically, Amazon's revenue was also significantly better than the trend:</p><p><blockquote>从地域上看，亚马逊的营收也明显好于趋势：</blockquote></p><p><img src=\"https://static.tigerbbs.com/a1d9246e5c01aac6c62e49ad7cd73e2c\" tg-width=\"640\" tg-height=\"396\" referrerpolicy=\"no-referrer\"><img src=\"https://static.tigerbbs.com/0e7276161a3d2b2159ab3d727d3cb7d9\" tg-width=\"640\" tg-height=\"396\" referrerpolicy=\"no-referrer\"><i>Source: VisualizedAnalytics.com</i></p><p><blockquote><i>资料来源：VisualizedAnalytics.com</i></blockquote></p><p><i>So, statistically, not subjectively, we should recognize the acceleration of the company's growth</i><i><b>in all key segments</b></i><i>. In my opinion, this is exactly what is expected from Amazon.</i></p><p><blockquote><i>因此，从统计上，而不是主观上，我们应该认识到公司增长的加速</i><i><b>在所有关键细分市场</b></i><i>.在我看来，这正是人们对亚马逊的期望。</i></blockquote></p><p>Further. Over the last 10 years, Amazon's capitalization has been in a qualitative linear relationship with its revenue:</p><p><blockquote>更远地。在过去10年中，亚马逊的资本化与其收入呈定性线性关系：</blockquote></p><p><img src=\"https://static.tigerbbs.com/f105c314902d29dae4d0f0e400aa2245\" tg-width=\"640\" tg-height=\"396\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p><i>Source: VisualizedAnalytics.com</i></p><p><blockquote><i>资料来源：VisualizedAnalytics.com</i></blockquote></p><p>There is also a certain influence of the company's revenue growth rate on its multiples:</p><p><blockquote>公司营收增速对其倍数也有一定影响：</blockquote></p><p><img src=\"https://static.tigerbbs.com/8beca01b5624a15aab79465c580ded6b\" tg-width=\"640\" tg-height=\"396\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p><i>Source: VisualizedAnalytics.com</i></p><p><blockquote><i>资料来源：VisualizedAnalytics.com</i></blockquote></p><p>Based on these two relationships and taking into account the influence of the growth of theM2 money stockin the US, it is possible to build another model that allows us to determine the balanced level of the company's capitalization. In addition, this model allows to model the growth of the company's capitalization based on the current expectations of analysts regarding the company's revenue growth in the next four quarters. Here is this model:</p><p><blockquote>基于这两种关系，并考虑到美国货币存量增长的影响，有可能建立另一个模型，使我们能够确定公司资本化的平衡水平。此外，该模型允许根据分析师当前对公司未来四个季度收入增长的预期来模拟公司资本的增长。这是这个模型：</blockquote></p><p><img src=\"https://static.tigerbbs.com/083fa1dc350e5e54cc7d3145744c9e4c\" tg-width=\"640\" tg-height=\"396\" referrerpolicy=\"no-referrer\"><img src=\"https://static.tigerbbs.com/d63f0cff5e0dd83343d26ee90552a033\" tg-width=\"640\" tg-height=\"396\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p><i>Source: VisualizedAnalytics.com</i></p><p><blockquote><i>资料来源：VisualizedAnalytics.com</i></blockquote></p><p><i>As you can see, firstly, this model indicates that the company's current price is already</i><i><b>below the balanced level</b></i><i>. And secondly, it assumes a</i><i><b>25% growth</b></i><i>in capitalization in the next four quarters.</i></p><p><blockquote><i>正如你所看到的，首先，这个模型表明公司当前的价格已经</i><i><b>低于平衡水平</b></i><i>其次，它假设</i><i><b>25%增长</b></i><i>未来四个季度的资本化。</i></blockquote></p><p>#2 Comparative Valuation</p><p><blockquote>#2比较估值</blockquote></p><p>In the previous block, I modeled Amazon's balanced price based on revenue. What is remarkable is that if we apply the same approach to the comparative valuation of the company using multiples, we will fail. At least I have not been able to find a single revenue-based multiple that would make it possible to successfully compare Amazon to other companies. But the forward P/E (next FY) multiple adjusted by the expected EPS annual growth rate made it possible to find a suitable model:</p><p><blockquote>在上一个模块中，我根据收入对亚马逊的均衡价格进行了建模。值得注意的是，如果我们用同样的方法使用倍数对公司进行比较估值，我们就会失败。至少我还没有找到一个基于收入的倍数来成功地将亚马逊与其他公司进行比较。但根据预期每股收益年增长率调整后的远期市盈率（下一财年）倍数使得找到合适的模型成为可能：</blockquote></p><p></p><p><img src=\"https://static.tigerbbs.com/97ac0310bcef622e12c8c21d46979f7e\" tg-width=\"640\" tg-height=\"396\" referrerpolicy=\"no-referrer\"><img src=\"https://static.tigerbbs.com/8d7573ff8a7fc00719a51042f09fc989\" tg-width=\"640\" tg-height=\"396\" referrerpolicy=\"no-referrer\"><i>Source: VisualizedAnalytics.com</i></p><p><blockquote><i>资料来源：VisualizedAnalytics.com</i></blockquote></p><p><i>As you can see, judging by this multiple, Amazon is significantly undervalued.</i></p><p><blockquote><i>正如你所看到的，从这个倍数来看，亚马逊被严重低估了。</i></blockquote></p><p>#3 Discounted Cash Flow Model</p><p><blockquote>#3贴现现金流模型</blockquote></p><p>When predicting Amazon's revenue for the next decade, I proceeded from the average expectations ofanalysts:</p><p><blockquote>在预测亚马逊未来十年的收入时，我从分析师的平均预期出发：</blockquote></p><p><img src=\"https://static.tigerbbs.com/9f41298db73dbcd92469026cc4e767c4\" tg-width=\"640\" tg-height=\"323\" referrerpolicy=\"no-referrer\"><i>Source: Seeking Alpha Pro</i></p><p><blockquote><i>资料来源：寻求Alpha Pro</i></blockquote></p><p>When predicting the dynamics of Amazon's operating margin, I also proceeded from analysts'expectationsregarding the growth of the company's EPS, and taking into account the gradual increase in the tax rate to 25%. In my opinion, a gradual increase in the operating margin to 8% in the terminal year is a very realistic scenario.</p><p><blockquote>在预测亚马逊营业利润率的动态时，我也从分析师对公司每股收益增长的预期出发，并考虑到税率逐渐提高到25%。在我看来，在终端年将营业利润率逐步提高到8%是一个非常现实的情况。</blockquote></p><p>Here is the calculation of the Weighted Average Cost of Capital:</p><p><blockquote>以下是加权平均资本成本的计算：</blockquote></p><p><img src=\"https://static.tigerbbs.com/759163398701e54efd7cfabd11a0867d\" tg-width=\"480\" tg-height=\"374\" referrerpolicy=\"no-referrer\"><i>Source: Author</i></p><p><blockquote><i>来源：作者</i></blockquote></p><p>Some explanations:</p><p><blockquote>一些解释：</blockquote></p><p><ul><li>In order to calculate the market rate of return, I used values of equityriskpremium (4.72%) and the current yield of UST10 as a risk-free rate (1.6%).</li><li>I used the currentvalueof the three-year beta coefficient (0.92). For the terminal year, I used Beta equal to 1.</li><li>To calculate the Cost of Debt, I used the interest expense for 2019 and 2020 divided by the debt value for the same years.</li></ul>Here is the model itself:</p><p><blockquote><ul><li>为了计算市场回报率，我使用了equityriskpremium（4.72%）和UST10的当前收益率作为无风险利率（1.6%）。</li><li>我使用了三年贝塔系数的当前值（0.92）。在最后一年，我使用Beta等于1。</li><li>为了计算债务成本，我使用2019年和2020年的利息支出除以同年的债务价值。</li></ul>以下是模型本身：</blockquote></p><p><img src=\"https://static.tigerbbs.com/0df02bca01b3ef74d3b640d95eb00590\" tg-width=\"640\" tg-height=\"528\" referrerpolicy=\"no-referrer\">(In high resolution)</p><p><blockquote>（高分辨率）</blockquote></p><p><i>Source: Author</i></p><p><blockquote><i>来源：作者</i></blockquote></p><p><i>The DCF-based target price of Amazon's shares is $4,280, offering 29% upside.</i></p><p><blockquote><i>亚马逊股票基于DCF的目标价为4,280美元，上涨空间为29%。</i></blockquote></p><p>Final thoughts</p><p><blockquote>最后的想法</blockquote></p><p><ol><li>Amazon is one of the companies whose growth has not yet reached its limit and not even entered the plateau phase. In a sense, this is a startup with $73 billion cash.</li><li>The fact that Amazon remains in the acceleration phase does not mean that its capitalization is constantly undervalued. But in this case, based on the patterns between the company's capitalization and the parameters of its revenue, we can conclude that the company is<b>undervalued</b>.</li><li>Comparing Amazon to other companies through the prism of expected EPS growth, it must be admitted that the company is<b>much cheaper</b>than the market.</li><li>DCF model based on average expectations analysts indicate a 30% undervaluation. At the start of the year, a similarmodelindicated a 20% undervaluation.</li><li>When you look at Amazon's revenue forecast for the next decade, you realize that the company will face growth problems. But in my opinion,<i>it is better to invest in a company facing growth problems than aging problems</i>.</li></ol></p><p><blockquote><ol><li>亚马逊是增长尚未达到极限，甚至还没有进入平台期的公司之一。从某种意义上说，这是一家拥有730亿美元现金的初创公司。</li><li>亚马逊仍处于加速阶段的事实并不意味着其市值不断被低估。但在这种情况下，根据公司的资本化和收入参数之间的模式，我们可以得出结论，公司是<b>被低估</b>.</li><li>通过预期每股收益增长的棱镜将亚马逊与其他公司进行比较，必须承认该公司是<b>便宜多了</b>比市场。</li><li>基于平均预期的DCF模型分析师表示低估了30%。今年年初，类似的模型显示估值被低估了20%。</li><li>当你看亚马逊未来十年的收入预测时，你会意识到该公司将面临增长问题。但在我看来，<i>投资一家面临增长问题的公司比投资老龄化问题的公司更好</i>.</li></ol></blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://seekingalpha.com/article/4424794-amazon-clearly-undervalued-company\">Seeking alpha</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AMZN":"亚马逊"},"source_url":"https://seekingalpha.com/article/4424794-amazon-clearly-undervalued-company","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1157328258","content_text":"SummaryAmazon is one of the companies whose growth has not yet reached its limit and not even entered the plateau phase.In terms of comparative valuation, AMZN is undervalued against the market.DCF-based Amazon stock price target suggests 30% upside potential. But I think this is not even a basic scenario, but a pessimistic scenario.I present my comprehensive Amazon (AMZN) analysis in light of the results of the last quarter.#1 Price vs. GrowthFirst of all, let's assess whether we can statistically state that Amazon's growth has accelerated or slowed down in the last quarter. To do this, let's compare the revenue growth trends of the key segments of the company with and without the results of the last four quarters.The dynamics of the 'Online Stores' segment showed a qualitative breakthrough. Without taking into account the last four quarters, a near-linear trend was observed here. Now, it has become exponential:Source: VisualizedAnalytics.comThe 'Third-Party Seller Services' segment - the exponential growth continues:Source: VisualizedAnalytics.comThe 'Subscription Services' (Amazon Prime) segment - here the acceleration remains, and the result of the last quarter was better than the trend:Source: VisualizedAnalytics.comThe 'Other' (advertising services) segment has also showed a significant acceleration:Source: VisualizedAnalytics.comThe growth trend of 'Amazon Web Services' has slowed down, but judging by the results of the last quarter, there is a gradual return to the previous trend:Source: VisualizedAnalytics.comGeographically, Amazon's revenue was also significantly better than the trend:Source: VisualizedAnalytics.comSo, statistically, not subjectively, we should recognize the acceleration of the company's growthin all key segments. In my opinion, this is exactly what is expected from Amazon.Further. Over the last 10 years, Amazon's capitalization has been in a qualitative linear relationship with its revenue:Source: VisualizedAnalytics.comThere is also a certain influence of the company's revenue growth rate on its multiples:Source: VisualizedAnalytics.comBased on these two relationships and taking into account the influence of the growth of theM2 money stockin the US, it is possible to build another model that allows us to determine the balanced level of the company's capitalization. In addition, this model allows to model the growth of the company's capitalization based on the current expectations of analysts regarding the company's revenue growth in the next four quarters. Here is this model:Source: VisualizedAnalytics.comAs you can see, firstly, this model indicates that the company's current price is alreadybelow the balanced level. And secondly, it assumes a25% growthin capitalization in the next four quarters.#2 Comparative ValuationIn the previous block, I modeled Amazon's balanced price based on revenue. What is remarkable is that if we apply the same approach to the comparative valuation of the company using multiples, we will fail. At least I have not been able to find a single revenue-based multiple that would make it possible to successfully compare Amazon to other companies. But the forward P/E (next FY) multiple adjusted by the expected EPS annual growth rate made it possible to find a suitable model:Source: VisualizedAnalytics.comAs you can see, judging by this multiple, Amazon is significantly undervalued.#3 Discounted Cash Flow ModelWhen predicting Amazon's revenue for the next decade, I proceeded from the average expectations ofanalysts:Source: Seeking Alpha ProWhen predicting the dynamics of Amazon's operating margin, I also proceeded from analysts'expectationsregarding the growth of the company's EPS, and taking into account the gradual increase in the tax rate to 25%. In my opinion, a gradual increase in the operating margin to 8% in the terminal year is a very realistic scenario.Here is the calculation of the Weighted Average Cost of Capital:Source: AuthorSome explanations:In order to calculate the market rate of return, I used values of equityriskpremium (4.72%) and the current yield of UST10 as a risk-free rate (1.6%).I used the currentvalueof the three-year beta coefficient (0.92). For the terminal year, I used Beta equal to 1.To calculate the Cost of Debt, I used the interest expense for 2019 and 2020 divided by the debt value for the same years.Here is the model itself:(In high resolution)Source: AuthorThe DCF-based target price of Amazon's shares is $4,280, offering 29% upside.Final thoughtsAmazon is one of the companies whose growth has not yet reached its limit and not even entered the plateau phase. In a sense, this is a startup with $73 billion cash.The fact that Amazon remains in the acceleration phase does not mean that its capitalization is constantly undervalued. But in this case, based on the patterns between the company's capitalization and the parameters of its revenue, we can conclude that the company isundervalued.Comparing Amazon to other companies through the prism of expected EPS growth, it must be admitted that the company ismuch cheaperthan the market.DCF model based on average expectations analysts indicate a 30% undervaluation. At the start of the year, a similarmodelindicated a 20% undervaluation.When you look at Amazon's revenue forecast for the next decade, you realize that the company will face growth problems. But in my opinion,it is better to invest in a company facing growth problems than aging problems.","news_type":1,"symbols_score_info":{"AMZN":0.9}},"isVote":1,"tweetType":1,"viewCount":500,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":106246566,"gmtCreate":1620128342755,"gmtModify":1634207618484,"author":{"id":"3581993780373716","authorId":"3581993780373716","name":"cjng85","avatar":"https://static.tigerbbs.com/9680da849278b62caf21a1e6d7840391","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3581993780373716","idStr":"3581993780373716"},"themes":[],"htmlText":"Good","listText":"Good","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/106246566","repostId":"1167630680","repostType":4,"isVote":1,"tweetType":1,"viewCount":604,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":101469766,"gmtCreate":1619932373255,"gmtModify":1634209012207,"author":{"id":"3581993780373716","authorId":"3581993780373716","name":"cjng85","avatar":"https://static.tigerbbs.com/9680da849278b62caf21a1e6d7840391","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3581993780373716","idStr":"3581993780373716"},"themes":[],"htmlText":"Good","listText":"Good","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/101469766","repostId":"1103106179","repostType":4,"isVote":1,"tweetType":1,"viewCount":2053,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":101469685,"gmtCreate":1619932334747,"gmtModify":1634209012550,"author":{"id":"3581993780373716","authorId":"3581993780373716","name":"cjng85","avatar":"https://static.tigerbbs.com/9680da849278b62caf21a1e6d7840391","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3581993780373716","idStr":"3581993780373716"},"themes":[],"htmlText":"Good","listText":"Good","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/101469685","repostId":"1142063705","repostType":4,"isVote":1,"tweetType":1,"viewCount":1195,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":375188921,"gmtCreate":1619315658063,"gmtModify":1634274312751,"author":{"id":"3581993780373716","authorId":"3581993780373716","name":"cjng85","avatar":"https://static.tigerbbs.com/9680da849278b62caf21a1e6d7840391","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3581993780373716","idStr":"3581993780373716"},"themes":[],"htmlText":"Good","listText":"Good","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/375188921","repostId":"1166519043","repostType":4,"isVote":1,"tweetType":1,"viewCount":454,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":375183728,"gmtCreate":1619315558564,"gmtModify":1634274314061,"author":{"id":"3581993780373716","authorId":"3581993780373716","name":"cjng85","avatar":"https://static.tigerbbs.com/9680da849278b62caf21a1e6d7840391","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3581993780373716","idStr":"3581993780373716"},"themes":[],"htmlText":"Good","listText":"Good","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/375183728","repostId":"1129095305","repostType":4,"repost":{"id":"1129095305","kind":"news","pubTimestamp":1619191066,"share":"https://www.laohu8.com/m/news/1129095305?lang=zh_CN&edition=full","pubTime":"2021-04-23 23:17","market":"us","language":"en","title":"SoftBank SPAC in talks about $2bn merger with location start-up Mapbox<blockquote>软银SPAC正在与定位初创公司Mapbox洽谈20亿美元合并</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1129095305","media":"Sky News","summary":"A New York-listed blank cheque company set up by SoftBank is in merger talks with Washington-based M","content":"<p>A New York-listed blank cheque company set up by SoftBank is in merger talks with Washington-based Mapbox, Sky News learns.</p><p><blockquote>天空新闻获悉，软银成立的一家在纽约上市的空白支票公司正在与总部位于华盛顿的Mapbox进行合并谈判。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/667ca3f64b0a88847ecea6eeb2ee7eb1\" tg-width=\"2048\" tg-height=\"1152\"><span>SoftBank chief executive Masayoshi Son</span></p><p><blockquote><p class=\"t-img-caption\"><span>软银首席执行官孙正义</span></p></blockquote></p><p> A ‘blank cheque’ company set up by the Japanese technology giant SoftBank is in talks to merge with a start-up which competes with the likes of Google Maps in the provision of sophisticated location data services.</p><p><blockquote>日本科技巨头软银成立的一家“空白支票”公司正在与一家初创公司进行合并谈判，该公司在提供复杂的位置数据服务方面与谷歌地图等公司竞争。</blockquote></p><p> Sky News has learnt that Mapbox is in detailed negotiations to go public through a special purpose acquisition company (SPAC) - the latest in a torrent of technology businesses to list on New York exchanges through such a route in recent months.</p><p><blockquote>天空新闻获悉，Mapbox正在就通过一家特殊目的收购公司（特殊目的收购公司）上市进行详细谈判，这是近几个月来通过这种途径在纽约交易所上市的众多科技企业中的最新一家。</blockquote></p><p> A US banking source said on Friday that the discussions between MapBox and SVF Investment Corp. 3 were at an advanced stage, but cautioned that a definitive transaction could still fall apart.</p><p><blockquote>一位美国银行业消息人士周五表示，MapBox和SVF Investment Corp.3之间的讨论已进入后期阶段，但警告称，最终交易仍可能破裂。</blockquote></p><p> Investment banks including Cantor Fitzgerald, Citi, Deutsche Bank, JP Morgan and UBS are all understood to be involved in the deal.</p><p><blockquote>据了解，包括Cantor Fitzgerald、花旗、德意志银行、摩根大通和瑞银在内的投资银行都参与了这笔交易。</blockquote></p><p> Although Mapbox would be far from unusual in choosing a SPAC to launch its tenure as a publicly traded company, the transaction would be unusual in that SoftBank is already a shareholder in the company through its vast Vision Fund.</p><p><blockquote>尽管Mapbox选择SPAC来启动其作为上市公司的任期并不罕见，但这笔交易将是不寻常的，因为软银已经通过其庞大的愿景基金成为该公司的股东。</blockquote></p><p> Mapbox, which was founded in 2010, announced in 2017 that SoftBank had led a $164m Series C funding round without disclosing its valuation.</p><p><blockquote>Mapbox成立于2010年，2017年宣布软银领投了1.64亿美元的C轮融资，但没有透露其估值。</blockquote></p><p> It was unclear on Friday how much new capital the merger would involve through a component of the deal known as a PIPE - private investment in public equity.</p><p><blockquote>周五尚不清楚此次合并将通过交易中被称为PIPE的部分涉及多少新资本——对公共股权的私人投资。</blockquote></p><p></p>","source":"lsy1619191032898","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>SoftBank SPAC in talks about $2bn merger with location start-up Mapbox<blockquote>软银SPAC正在与定位初创公司Mapbox洽谈20亿美元合并</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\">\nSoftBank SPAC in talks about $2bn merger with location start-up Mapbox<blockquote>软银SPAC正在与定位初创公司Mapbox洽谈20亿美元合并</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Sky News</strong><span class=\"h-time small\">2021-04-23 23:17</span>\n</p>\n</h4>\n</header>\n<article>\n<p>A New York-listed blank cheque company set up by SoftBank is in merger talks with Washington-based Mapbox, Sky News learns.</p><p><blockquote>天空新闻获悉，软银成立的一家在纽约上市的空白支票公司正在与总部位于华盛顿的Mapbox进行合并谈判。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/667ca3f64b0a88847ecea6eeb2ee7eb1\" tg-width=\"2048\" tg-height=\"1152\"><span>SoftBank chief executive Masayoshi Son</span></p><p><blockquote><p class=\"t-img-caption\"><span>软银首席执行官孙正义</span></p></blockquote></p><p> A ‘blank cheque’ company set up by the Japanese technology giant SoftBank is in talks to merge with a start-up which competes with the likes of Google Maps in the provision of sophisticated location data services.</p><p><blockquote>日本科技巨头软银成立的一家“空白支票”公司正在与一家初创公司进行合并谈判，该公司在提供复杂的位置数据服务方面与谷歌地图等公司竞争。</blockquote></p><p> Sky News has learnt that Mapbox is in detailed negotiations to go public through a special purpose acquisition company (SPAC) - the latest in a torrent of technology businesses to list on New York exchanges through such a route in recent months.</p><p><blockquote>天空新闻获悉，Mapbox正在就通过一家特殊目的收购公司（特殊目的收购公司）上市进行详细谈判，这是近几个月来通过这种途径在纽约交易所上市的众多科技企业中的最新一家。</blockquote></p><p> A US banking source said on Friday that the discussions between MapBox and SVF Investment Corp. 3 were at an advanced stage, but cautioned that a definitive transaction could still fall apart.</p><p><blockquote>一位美国银行业消息人士周五表示，MapBox和SVF Investment Corp.3之间的讨论已进入后期阶段，但警告称，最终交易仍可能破裂。</blockquote></p><p> Investment banks including Cantor Fitzgerald, Citi, Deutsche Bank, JP Morgan and UBS are all understood to be involved in the deal.</p><p><blockquote>据了解，包括Cantor Fitzgerald、花旗、德意志银行、摩根大通和瑞银在内的投资银行都参与了这笔交易。</blockquote></p><p> Although Mapbox would be far from unusual in choosing a SPAC to launch its tenure as a publicly traded company, the transaction would be unusual in that SoftBank is already a shareholder in the company through its vast Vision Fund.</p><p><blockquote>尽管Mapbox选择SPAC来启动其作为上市公司的任期并不罕见，但这笔交易将是不寻常的，因为软银已经通过其庞大的愿景基金成为该公司的股东。</blockquote></p><p> Mapbox, which was founded in 2010, announced in 2017 that SoftBank had led a $164m Series C funding round without disclosing its valuation.</p><p><blockquote>Mapbox成立于2010年，2017年宣布软银领投了1.64亿美元的C轮融资，但没有透露其估值。</blockquote></p><p> It was unclear on Friday how much new capital the merger would involve through a component of the deal known as a PIPE - private investment in public equity.</p><p><blockquote>周五尚不清楚此次合并将通过交易中被称为PIPE的部分涉及多少新资本——对公共股权的私人投资。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://news.sky.com/story/softbank-spac-in-talks-about-2bn-merger-with-location-start-up-mapbox-12284784\">Sky News</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":{"SFTBY":"软银集团"},"source_url":"https://news.sky.com/story/softbank-spac-in-talks-about-2bn-merger-with-location-start-up-mapbox-12284784","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1129095305","content_text":"A New York-listed blank cheque company set up by SoftBank is in merger talks with Washington-based Mapbox, Sky News learns.\nSoftBank chief executive Masayoshi Son\nA ‘blank cheque’ company set up by the Japanese technology giant SoftBank is in talks to merge with a start-up which competes with the likes of Google Maps in the provision of sophisticated location data services.\nSky News has learnt that Mapbox is in detailed negotiations to go public through a special purpose acquisition company (SPAC) - the latest in a torrent of technology businesses to list on New York exchanges through such a route in recent months.\nA US banking source said on Friday that the discussions between MapBox and SVF Investment Corp. 3 were at an advanced stage, but cautioned that a definitive transaction could still fall apart.\nInvestment banks including Cantor Fitzgerald, Citi, Deutsche Bank, JP Morgan and UBS are all understood to be involved in the deal.\nAlthough Mapbox would be far from unusual in choosing a SPAC to launch its tenure as a publicly traded company, the transaction would be unusual in that SoftBank is already a shareholder in the company through its vast Vision Fund.\nMapbox, which was founded in 2010, announced in 2017 that SoftBank had led a $164m Series C funding round without disclosing its valuation.\nIt was unclear on Friday how much new capital the merger would involve through a component of the deal known as a PIPE - private investment in public equity.","news_type":1,"symbols_score_info":{"SFTBY":0.9,"SVFC":0.9}},"isVote":1,"tweetType":1,"viewCount":298,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":372489594,"gmtCreate":1619233761018,"gmtModify":1634287556939,"author":{"id":"3581993780373716","authorId":"3581993780373716","name":"cjng85","avatar":"https://static.tigerbbs.com/9680da849278b62caf21a1e6d7840391","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3581993780373716","idStr":"3581993780373716"},"themes":[],"htmlText":"Good","listText":"Good","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/372489594","repostId":"1166519043","repostType":4,"isVote":1,"tweetType":1,"viewCount":474,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":146871269,"gmtCreate":1626070785751,"gmtModify":1633930427187,"author":{"id":"3581993780373716","authorId":"3581993780373716","name":"cjng85","avatar":"https://static.tigerbbs.com/9680da849278b62caf21a1e6d7840391","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581993780373716","authorIdStr":"3581993780373716"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/146871269","repostId":"1114863871","repostType":4,"isVote":1,"tweetType":1,"viewCount":1478,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":132674982,"gmtCreate":1622088656346,"gmtModify":1634183940362,"author":{"id":"3581993780373716","authorId":"3581993780373716","name":"cjng85","avatar":"https://static.tigerbbs.com/9680da849278b62caf21a1e6d7840391","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581993780373716","authorIdStr":"3581993780373716"},"themes":[],"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/132674982","repostId":"2138149518","repostType":4,"isVote":1,"tweetType":1,"viewCount":631,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":101469766,"gmtCreate":1619932373255,"gmtModify":1634209012207,"author":{"id":"3581993780373716","authorId":"3581993780373716","name":"cjng85","avatar":"https://static.tigerbbs.com/9680da849278b62caf21a1e6d7840391","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581993780373716","authorIdStr":"3581993780373716"},"themes":[],"htmlText":"Good","listText":"Good","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/101469766","repostId":"1103106179","repostType":4,"isVote":1,"tweetType":1,"viewCount":2053,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":898208294,"gmtCreate":1628497860218,"gmtModify":1633746668913,"author":{"id":"3581993780373716","authorId":"3581993780373716","name":"cjng85","avatar":"https://static.tigerbbs.com/9680da849278b62caf21a1e6d7840391","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581993780373716","authorIdStr":"3581993780373716"},"themes":[],"htmlText":"[Smile]&nbsp;","listText":"[Smile]&nbsp;","text":"[Smile]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/898208294","repostId":"1112407855","repostType":4,"repost":{"id":"1112407855","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":1628496113,"share":"https://www.laohu8.com/m/news/1112407855?lang=zh_CN&edition=full","pubTime":"2021-08-09 16:01","market":"us","language":"en","title":"Alibaba shares fell 1.57% in premarket trading.<blockquote>阿里巴巴-SW股价盘前交易中下跌1.57%。</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1112407855","media":"Tiger Newspress","summary":"Alibaba shares fell 1.57% in premarket trading.\nChinese technology giant Alibaba will sack a manager","content":"<p>Alibaba&nbsp;shares fell 1.57% in premarket&nbsp;trading.</p><p><blockquote>阿里巴巴-SW股价盘前交易中下跌1.57%。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/df9ce7af138f3ccf40c454cdf5b6a716\" tg-width=\"1285\" tg-height=\"614\" referrerpolicy=\"no-referrer\">Chinese technology giant Alibaba will sack a manager accused of rape, according to a memo seen by the BBC.</p><p><blockquote>根据BBC看到的一份备忘录，中国科技巨头阿里巴巴-SW将解雇一名被指控强奸的经理。</blockquote></p><p> In the letter sent to employees of the firm, chief executive Daniel Zhang said two other bosses who failed to act on the allegation have resigned.</p><p><blockquote>在发给公司员工的信中，首席执行官张勇表示，另外两名未能对指控采取行动的老板已经辞职。</blockquote></p><p> Alibaba is working with police after a female worker said her male boss raped her in a hotel room while she was unconscious after a \"drunken night\".</p><p><blockquote>阿里巴巴-SW正在与警方合作，此前一名女工称，她的男老板在酒店房间强奸了她，当时她在一个“醉酒之夜”后昏迷不醒。</blockquote></p><p> Her allegations have been widely shared on Chinese social media.</p><p><blockquote>她的指控在中国社交媒体上被广泛分享。</blockquote></p><p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Alibaba shares fell 1.57% in premarket trading.<blockquote>阿里巴巴-SW股价盘前交易中下跌1.57%。</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; 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display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAlibaba shares fell 1.57% in premarket trading.<blockquote>阿里巴巴-SW股价盘前交易中下跌1.57%。</blockquote>\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time smaller\">2021-08-09 16:01</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>Alibaba&nbsp;shares fell 1.57% in premarket&nbsp;trading.</p><p><blockquote>阿里巴巴-SW股价盘前交易中下跌1.57%。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/df9ce7af138f3ccf40c454cdf5b6a716\" tg-width=\"1285\" tg-height=\"614\" referrerpolicy=\"no-referrer\">Chinese technology giant Alibaba will sack a manager accused of rape, according to a memo seen by the BBC.</p><p><blockquote>根据BBC看到的一份备忘录，中国科技巨头阿里巴巴-SW将解雇一名被指控强奸的经理。</blockquote></p><p> In the letter sent to employees of the firm, chief executive Daniel Zhang said two other bosses who failed to act on the allegation have resigned.</p><p><blockquote>在发给公司员工的信中，首席执行官张勇表示，另外两名未能对指控采取行动的老板已经辞职。</blockquote></p><p> Alibaba is working with police after a female worker said her male boss raped her in a hotel room while she was unconscious after a \"drunken night\".</p><p><blockquote>阿里巴巴-SW正在与警方合作，此前一名女工称，她的男老板在酒店房间强奸了她，当时她在一个“醉酒之夜”后昏迷不醒。</blockquote></p><p> Her allegations have been widely shared on Chinese social media.</p><p><blockquote>她的指控在中国社交媒体上被广泛分享。</blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BABA":"阿里巴巴"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1112407855","content_text":"Alibaba shares fell 1.57% in premarket trading.\nChinese technology giant Alibaba will sack a manager accused of rape, according to a memo seen by the BBC.\nIn the letter sent to employees of the firm, chief executive Daniel Zhang said two other bosses who failed to act on the allegation have resigned.\nAlibaba is working with police after a female worker said her male boss raped her in a hotel room while she was unconscious after a \"drunken night\".\nHer allegations have been widely shared on Chinese social media.","news_type":1,"symbols_score_info":{"BABA":0.9}},"isVote":1,"tweetType":1,"viewCount":1428,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":124554422,"gmtCreate":1624774442366,"gmtModify":1633948722702,"author":{"id":"3581993780373716","authorId":"3581993780373716","name":"cjng85","avatar":"https://static.tigerbbs.com/9680da849278b62caf21a1e6d7840391","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581993780373716","authorIdStr":"3581993780373716"},"themes":[],"htmlText":"Good","listText":"Good","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/124554422","repostId":"1172737444","repostType":4,"isVote":1,"tweetType":1,"viewCount":1308,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":107381115,"gmtCreate":1620444911437,"gmtModify":1634198702924,"author":{"id":"3581993780373716","authorId":"3581993780373716","name":"cjng85","avatar":"https://static.tigerbbs.com/9680da849278b62caf21a1e6d7840391","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581993780373716","authorIdStr":"3581993780373716"},"themes":[],"htmlText":"Good","listText":"Good","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/107381115","repostId":"1188056695","repostType":4,"repost":{"id":"1188056695","kind":"news","pubTimestamp":1620442032,"share":"https://www.laohu8.com/m/news/1188056695?lang=zh_CN&edition=full","pubTime":"2021-05-08 10:47","market":"us","language":"en","title":"Jeff Bezos sold nearly $5 billion in Amazon shares this week<blockquote>杰夫·贝索斯本周出售近50亿美元亚马逊股票</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1188056695","media":"Market Wacth","summary":"Amazon co-founder’s post-earnings sales hit a new high, with largest concentrated disposal of shares","content":"<p>Amazon co-founder’s post-earnings sales hit a new high, with largest concentrated disposal of shares since his divorce amid plans to step down as CEO</p><p><blockquote>亚马逊联合创始人财报后销售额创新高计划卸任CEO之际离婚以来最大规模股份集中处置</blockquote></p><p> Amazon.com Inc. Chief Executive Jeff Bezos sold roughly $5 billion worth of shares in his company this week, his largest concentrated disposal of shares since his divorce.</p><p><blockquote>亚马逊首席执行官杰夫·贝索斯本周出售了价值约50亿美元的公司股票，这是他离婚以来最大规模的股票集中处置。</blockquote></p><p> According to filings with the Securities and Exchange Commission, Bezos sold roughly 1.48 million shares in separate transactions Monday through Thursday, with proceeds of $4.91 billion, according to tabulations performed by Dow Jones Market Data group. The stock sales were prearranged through a 10b5-1 trading plan, according to the filings.</p><p><blockquote>根据向美国证券交易委员会提交的文件，根据道琼斯市场数据集团进行的制表，贝佐斯在周一至周四的单独交易中出售了约148万股股票，收益为49.1亿美元。文件显示，股票销售是通过10b5-1交易计划预先安排的。</blockquote></p><p> Bezos has made a habit recently of selling large tranches of shares not long after AmazonAMZN,-0.45%reports earnings. Last week,Amazon reported it tripled profit in its first quarter, compared with a year ago, and forecast sales above $110 billion in the second quarter. That is expected to be the last full quarter with Bezos as CEO; earlier this year Bezos said he would step down in the third quarter to become executive chairman of Amazon.</p><p><blockquote>贝佐斯最近养成了在亚马逊AMZN(-0.45%)公布财报后不久出售大量股票的习惯。上周，亚马逊报告称，第一季度利润较去年同期增长了两倍，并预计第二季度销售额将超过1100亿美元。预计这将是贝佐斯担任首席执行官的最后一个完整季度；今年早些时候，贝佐斯表示，他将在第三季度卸任，出任亚马逊执行董事长。</blockquote></p><p> Previous sales were not as large, however, coming in closer to $3 billion to $4 billion, such as inNovemberandFebruary 2020. This appears to be the largest disposal of Amazon shares for Bezos sincehe cleaved off billions in stock for his ex-wife, MacKenzie Bezos, during their divorce.</p><p><blockquote>然而，之前的销售额并没有那么大，接近30亿至40亿美元，例如2020年11月和2月。这似乎是贝佐斯自离婚期间为前妻麦肯齐·贝佐斯出售数十亿美元股票以来最大规模的亚马逊股票处置。</blockquote></p><p> Last year,Bezos sold more than $9 billionin Amazon stock in total, and he has previously said about $1 billion of that goes every year to his rocket startup, Blue Origin. Bezos — the world’s wealthiest individual, according to theBloomberg Billionaires Index, with a net worth of about $191 billion — still holds about 51.7 million shares of Amazon, according to the final SEC filing of the week.</p><p><blockquote>去年，贝佐斯总共出售了价值超过90亿美元的亚马逊股票，他此前曾表示，其中每年约有10亿美元流向他的火箭初创公司蓝色起源。根据彭博亿万富翁指数，贝佐斯是世界上最富有的人，净资产约为1910亿美元，根据本周向SEC提交的最终文件，他仍持有约5170万股亚马逊股票。</blockquote></p><p> Amazon sharesAMZN,-0.45%declined in four of the five trading sessions this week, for a weekly decline of 5.1%, the stock’s worst weekly performance since the week ending Nov. 13, which was alsoa week in which Bezos sold billions of dollars worth of stockand shares dipped more than 5%. Amazon stock is up 1.1% in 2021 and 39% in the past 12 months, compared to the S&amp;P 500’sSPX,+0.74%45.8% gain in the past year.</p><p><blockquote>亚马逊股价AMZN,-0.45%本周五个交易日中有四个交易日下跌，周跌幅为5.1%，这是该股自截至11月13日当周以来最糟糕的周表现，这也是贝佐斯出售价值数十亿美元的一周股票和股价下跌超过5%。亚马逊股价2021年上涨1.1%，过去12个月上涨39%，而标普500 SPX指数去年上涨0.74%45.8%。</blockquote></p><p></p>","source":"lsy1604288433698","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Jeff Bezos sold nearly $5 billion in Amazon shares this week<blockquote>杰夫·贝索斯本周出售近50亿美元亚马逊股票</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nJeff Bezos sold nearly $5 billion in Amazon shares this week<blockquote>杰夫·贝索斯本周出售近50亿美元亚马逊股票</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Market Wacth</strong><span class=\"h-time small\">2021-05-08 10:47</span>\n</p>\n</h4>\n</header>\n<article>\n<p>Amazon co-founder’s post-earnings sales hit a new high, with largest concentrated disposal of shares since his divorce amid plans to step down as CEO</p><p><blockquote>亚马逊联合创始人财报后销售额创新高计划卸任CEO之际离婚以来最大规模股份集中处置</blockquote></p><p> Amazon.com Inc. Chief Executive Jeff Bezos sold roughly $5 billion worth of shares in his company this week, his largest concentrated disposal of shares since his divorce.</p><p><blockquote>亚马逊首席执行官杰夫·贝索斯本周出售了价值约50亿美元的公司股票，这是他离婚以来最大规模的股票集中处置。</blockquote></p><p> According to filings with the Securities and Exchange Commission, Bezos sold roughly 1.48 million shares in separate transactions Monday through Thursday, with proceeds of $4.91 billion, according to tabulations performed by Dow Jones Market Data group. The stock sales were prearranged through a 10b5-1 trading plan, according to the filings.</p><p><blockquote>根据向美国证券交易委员会提交的文件，根据道琼斯市场数据集团进行的制表，贝佐斯在周一至周四的单独交易中出售了约148万股股票，收益为49.1亿美元。文件显示，股票销售是通过10b5-1交易计划预先安排的。</blockquote></p><p> Bezos has made a habit recently of selling large tranches of shares not long after AmazonAMZN,-0.45%reports earnings. Last week,Amazon reported it tripled profit in its first quarter, compared with a year ago, and forecast sales above $110 billion in the second quarter. That is expected to be the last full quarter with Bezos as CEO; earlier this year Bezos said he would step down in the third quarter to become executive chairman of Amazon.</p><p><blockquote>贝佐斯最近养成了在亚马逊AMZN(-0.45%)公布财报后不久出售大量股票的习惯。上周，亚马逊报告称，第一季度利润较去年同期增长了两倍，并预计第二季度销售额将超过1100亿美元。预计这将是贝佐斯担任首席执行官的最后一个完整季度；今年早些时候，贝佐斯表示，他将在第三季度卸任，出任亚马逊执行董事长。</blockquote></p><p> Previous sales were not as large, however, coming in closer to $3 billion to $4 billion, such as inNovemberandFebruary 2020. This appears to be the largest disposal of Amazon shares for Bezos sincehe cleaved off billions in stock for his ex-wife, MacKenzie Bezos, during their divorce.</p><p><blockquote>然而，之前的销售额并没有那么大，接近30亿至40亿美元，例如2020年11月和2月。这似乎是贝佐斯自离婚期间为前妻麦肯齐·贝佐斯出售数十亿美元股票以来最大规模的亚马逊股票处置。</blockquote></p><p> Last year,Bezos sold more than $9 billionin Amazon stock in total, and he has previously said about $1 billion of that goes every year to his rocket startup, Blue Origin. Bezos — the world’s wealthiest individual, according to theBloomberg Billionaires Index, with a net worth of about $191 billion — still holds about 51.7 million shares of Amazon, according to the final SEC filing of the week.</p><p><blockquote>去年，贝佐斯总共出售了价值超过90亿美元的亚马逊股票，他此前曾表示，其中每年约有10亿美元流向他的火箭初创公司蓝色起源。根据彭博亿万富翁指数，贝佐斯是世界上最富有的人，净资产约为1910亿美元，根据本周向SEC提交的最终文件，他仍持有约5170万股亚马逊股票。</blockquote></p><p> Amazon sharesAMZN,-0.45%declined in four of the five trading sessions this week, for a weekly decline of 5.1%, the stock’s worst weekly performance since the week ending Nov. 13, which was alsoa week in which Bezos sold billions of dollars worth of stockand shares dipped more than 5%. Amazon stock is up 1.1% in 2021 and 39% in the past 12 months, compared to the S&amp;P 500’sSPX,+0.74%45.8% gain in the past year.</p><p><blockquote>亚马逊股价AMZN,-0.45%本周五个交易日中有四个交易日下跌，周跌幅为5.1%，这是该股自截至11月13日当周以来最糟糕的周表现，这也是贝佐斯出售价值数十亿美元的一周股票和股价下跌超过5%。亚马逊股价2021年上涨1.1%，过去12个月上涨39%，而标普500 SPX指数去年上涨0.74%45.8%。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.marketwatch.com/story/jeff-bezos-just-sold-nearly-2-5-billion-in-amazon-shares-11620264680?mod=home-page\">Market Wacth</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AMZN":"亚马逊"},"source_url":"https://www.marketwatch.com/story/jeff-bezos-just-sold-nearly-2-5-billion-in-amazon-shares-11620264680?mod=home-page","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1188056695","content_text":"Amazon co-founder’s post-earnings sales hit a new high, with largest concentrated disposal of shares since his divorce amid plans to step down as CEO\nAmazon.com Inc. Chief Executive Jeff Bezos sold roughly $5 billion worth of shares in his company this week, his largest concentrated disposal of shares since his divorce.\nAccording to filings with the Securities and Exchange Commission, Bezos sold roughly 1.48 million shares in separate transactions Monday through Thursday, with proceeds of $4.91 billion, according to tabulations performed by Dow Jones Market Data group. The stock sales were prearranged through a 10b5-1 trading plan, according to the filings.\nBezos has made a habit recently of selling large tranches of shares not long after AmazonAMZN,-0.45%reports earnings. Last week,Amazon reported it tripled profit in its first quarter, compared with a year ago, and forecast sales above $110 billion in the second quarter. That is expected to be the last full quarter with Bezos as CEO; earlier this year Bezos said he would step down in the third quarter to become executive chairman of Amazon.\nPrevious sales were not as large, however, coming in closer to $3 billion to $4 billion, such as inNovemberandFebruary 2020. This appears to be the largest disposal of Amazon shares for Bezos sincehe cleaved off billions in stock for his ex-wife, MacKenzie Bezos, during their divorce.\nLast year,Bezos sold more than $9 billionin Amazon stock in total, and he has previously said about $1 billion of that goes every year to his rocket startup, Blue Origin. Bezos — the world’s wealthiest individual, according to theBloomberg Billionaires Index, with a net worth of about $191 billion — still holds about 51.7 million shares of Amazon, according to the final SEC filing of the week.\nAmazon sharesAMZN,-0.45%declined in four of the five trading sessions this week, for a weekly decline of 5.1%, the stock’s worst weekly performance since the week ending Nov. 13, which was alsoa week in which Bezos sold billions of dollars worth of stockand shares dipped more than 5%. Amazon stock is up 1.1% in 2021 and 39% in the past 12 months, compared to the S&P 500’sSPX,+0.74%45.8% gain in the past year.","news_type":1,"symbols_score_info":{"AMZN":0.9}},"isVote":1,"tweetType":1,"viewCount":867,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":149364995,"gmtCreate":1625705667617,"gmtModify":1633938199622,"author":{"id":"3581993780373716","authorId":"3581993780373716","name":"cjng85","avatar":"https://static.tigerbbs.com/9680da849278b62caf21a1e6d7840391","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581993780373716","authorIdStr":"3581993780373716"},"themes":[],"htmlText":"Good&nbsp;","listText":"Good&nbsp;","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/149364995","repostId":"1176865752","repostType":4,"isVote":1,"tweetType":1,"viewCount":2704,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":166578266,"gmtCreate":1624020253055,"gmtModify":1634024032359,"author":{"id":"3581993780373716","authorId":"3581993780373716","name":"cjng85","avatar":"https://static.tigerbbs.com/9680da849278b62caf21a1e6d7840391","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581993780373716","authorIdStr":"3581993780373716"},"themes":[],"htmlText":"Good","listText":"Good","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/166578266","repostId":"1131081247","repostType":4,"repost":{"id":"1131081247","kind":"news","pubTimestamp":1624019171,"share":"https://www.laohu8.com/m/news/1131081247?lang=zh_CN&edition=full","pubTime":"2021-06-18 20:26","market":"fut","language":"en","title":"Goldman sees Fed-driven dip in commodities as a 'buying opportunity'<blockquote>高盛将美联储推动的大宗商品下跌视为“买入机会”</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1131081247","media":"Reuters","summary":"(Reuters) - Goldman Sachs said on Friday the recent slip in commodities prices driven by the U.S. Fe","content":"<p>(Reuters) - Goldman Sachs said on Friday the recent slip in commodities prices driven by the U.S. Federal Reserve’s decision to bring forward projections for interest rate hikes into 2023 was a buying opportunity for investors.</p><p><blockquote>（路透社）-高盛周五表示，美联储决定将加息预测提前至2023年，导致大宗商品价格近期下滑，这对投资者来说是一个买入机会。</blockquote></p><p> “The bullish commodity thesis is neither about inflation risks nor Fed forward guidance. It is about scarcity and strong physical demand,” the Wall Street bank said in a note.</p><p><blockquote>这家华尔街银行在一份报告中表示：“看涨大宗商品的论点既不是关于通胀风险，也不是关于美联储的前瞻性指引。而是关于稀缺性和强劲的实物需求。”</blockquote></p><p> Physical scarcity, caused by robust demand growth and inelastic supply, could drive Brent crude oil prices to average $80 in the third quarter, with potential spikes above that level, Goldman analysts wrote.</p><p><blockquote>高盛分析师写道，强劲的需求增长和缺乏弹性的供应造成的实物稀缺可能会推动布伦特原油价格在第三季度平均达到80美元，并有可能飙升至该水平以上。</blockquote></p><p> Prices of commodities including oil, gold and copper fell as the U.S. dollar surged on the Federal Reserve’s outlook on interest rate hikes.</p><p><blockquote>包括石油、黄金和铜在内的大宗商品价格下跌，因美联储加息前景导致美元飙升。</blockquote></p><p> But oil prices were still close to multi-year highs, while gold has since seen a slight rebound, and copper was en route to its biggest weekly decline since March 2020.</p><p><blockquote>但油价仍接近多年高点，而金价此后小幅反弹，铜价有望创下2020年3月以来的最大单周跌幅。</blockquote></p><p> The copper market also remains on course for deficit conditions both over the remainder of this year and into 2022, the bank said, adding recent dips should be viewed as a longer-term buying opportunity.</p><p><blockquote>该行表示，铜市场在今年剩余时间和2022年仍将处于赤字状态，并补充说近期的下跌应被视为长期买入机会。</blockquote></p><p> A recovery in commodities markets excluding energy markets, however, is likely to be slower than from recent sell-offs as transient shocks from weather and Chinese-mandated repositioning have generated negative technical breakthroughs, Goldman warned.</p><p><blockquote>然而，高盛警告称，由于天气和中国强制重新定位的短暂冲击产生了负面的技术突破，不包括能源市场在内的大宗商品市场的复苏可能会慢于最近的抛售。</blockquote></p><p> Earlier this month, China’s state planner renewed a pledge to step up monitoring of commodity prices and strengthen supervision of spot and futures markets, as producer inflation in the country hit over 12 year-highs.</p><p><blockquote>本月早些时候，中国国家规划者再次承诺加强对大宗商品价格的监控，并加强对现货和期货市场的监管，因为中国的生产者通胀创下了12年来的新高。</blockquote></p><p> Goldman also viewed gold as under-valued relative to both real and nominal fundamentals.</p><p><blockquote>高盛还认为，相对于实际和名义基本面，黄金被低估。</blockquote></p><p> “In fact, gold is now pricing a Goldilocks scenario of strong growth without any inflation, implying limited demand for it as either a defensive asset or inflation hedge.”</p><p><blockquote>“事实上，黄金现在定价的是在没有任何通胀的情况下强劲增长的金发姑娘情景，这意味着对其作为防御性资产或通胀对冲的需求有限。”</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>Goldman sees Fed-driven dip in commodities as a 'buying opportunity'<blockquote>高盛将美联储推动的大宗商品下跌视为“买入机会”</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; 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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\">\nGoldman sees Fed-driven dip in commodities as a 'buying opportunity'<blockquote>高盛将美联储推动的大宗商品下跌视为“买入机会”</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Reuters</strong><span class=\"h-time small\">2021-06-18 20:26</span>\n</p>\n</h4>\n</header>\n<article>\n<p>(Reuters) - Goldman Sachs said on Friday the recent slip in commodities prices driven by the U.S. Federal Reserve’s decision to bring forward projections for interest rate hikes into 2023 was a buying opportunity for investors.</p><p><blockquote>（路透社）-高盛周五表示，美联储决定将加息预测提前至2023年，导致大宗商品价格近期下滑，这对投资者来说是一个买入机会。</blockquote></p><p> “The bullish commodity thesis is neither about inflation risks nor Fed forward guidance. It is about scarcity and strong physical demand,” the Wall Street bank said in a note.</p><p><blockquote>这家华尔街银行在一份报告中表示：“看涨大宗商品的论点既不是关于通胀风险，也不是关于美联储的前瞻性指引。而是关于稀缺性和强劲的实物需求。”</blockquote></p><p> Physical scarcity, caused by robust demand growth and inelastic supply, could drive Brent crude oil prices to average $80 in the third quarter, with potential spikes above that level, Goldman analysts wrote.</p><p><blockquote>高盛分析师写道，强劲的需求增长和缺乏弹性的供应造成的实物稀缺可能会推动布伦特原油价格在第三季度平均达到80美元，并有可能飙升至该水平以上。</blockquote></p><p> Prices of commodities including oil, gold and copper fell as the U.S. dollar surged on the Federal Reserve’s outlook on interest rate hikes.</p><p><blockquote>包括石油、黄金和铜在内的大宗商品价格下跌，因美联储加息前景导致美元飙升。</blockquote></p><p> But oil prices were still close to multi-year highs, while gold has since seen a slight rebound, and copper was en route to its biggest weekly decline since March 2020.</p><p><blockquote>但油价仍接近多年高点，而金价此后小幅反弹，铜价有望创下2020年3月以来的最大单周跌幅。</blockquote></p><p> The copper market also remains on course for deficit conditions both over the remainder of this year and into 2022, the bank said, adding recent dips should be viewed as a longer-term buying opportunity.</p><p><blockquote>该行表示，铜市场在今年剩余时间和2022年仍将处于赤字状态，并补充说近期的下跌应被视为长期买入机会。</blockquote></p><p> A recovery in commodities markets excluding energy markets, however, is likely to be slower than from recent sell-offs as transient shocks from weather and Chinese-mandated repositioning have generated negative technical breakthroughs, Goldman warned.</p><p><blockquote>然而，高盛警告称，由于天气和中国强制重新定位的短暂冲击产生了负面的技术突破，不包括能源市场在内的大宗商品市场的复苏可能会慢于最近的抛售。</blockquote></p><p> Earlier this month, China’s state planner renewed a pledge to step up monitoring of commodity prices and strengthen supervision of spot and futures markets, as producer inflation in the country hit over 12 year-highs.</p><p><blockquote>本月早些时候，中国国家规划者再次承诺加强对大宗商品价格的监控，并加强对现货和期货市场的监管，因为中国的生产者通胀创下了12年来的新高。</blockquote></p><p> Goldman also viewed gold as under-valued relative to both real and nominal fundamentals.</p><p><blockquote>高盛还认为，相对于实际和名义基本面，黄金被低估。</blockquote></p><p> “In fact, gold is now pricing a Goldilocks scenario of strong growth without any inflation, implying limited demand for it as either a defensive asset or inflation hedge.”</p><p><blockquote>“事实上，黄金现在定价的是在没有任何通胀的情况下强劲增长的金发姑娘情景，这意味着对其作为防御性资产或通胀对冲的需求有限。”</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.reuters.com/article/commodities-research-goldman/goldman-sees-fed-driven-dip-in-commodities-as-a-buying-opportunity-idUSL3N2O02QT\">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":{"GS":"高盛"},"source_url":"https://www.reuters.com/article/commodities-research-goldman/goldman-sees-fed-driven-dip-in-commodities-as-a-buying-opportunity-idUSL3N2O02QT","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1131081247","content_text":"(Reuters) - Goldman Sachs said on Friday the recent slip in commodities prices driven by the U.S. Federal Reserve’s decision to bring forward projections for interest rate hikes into 2023 was a buying opportunity for investors.\n“The bullish commodity thesis is neither about inflation risks nor Fed forward guidance. It is about scarcity and strong physical demand,” the Wall Street bank said in a note.\nPhysical scarcity, caused by robust demand growth and inelastic supply, could drive Brent crude oil prices to average $80 in the third quarter, with potential spikes above that level, Goldman analysts wrote.\nPrices of commodities including oil, gold and copper fell as the U.S. dollar surged on the Federal Reserve’s outlook on interest rate hikes.\nBut oil prices were still close to multi-year highs, while gold has since seen a slight rebound, and copper was en route to its biggest weekly decline since March 2020.\nThe copper market also remains on course for deficit conditions both over the remainder of this year and into 2022, the bank said, adding recent dips should be viewed as a longer-term buying opportunity.\nA recovery in commodities markets excluding energy markets, however, is likely to be slower than from recent sell-offs as transient shocks from weather and Chinese-mandated repositioning have generated negative technical breakthroughs, Goldman warned.\nEarlier this month, China’s state planner renewed a pledge to step up monitoring of commodity prices and strengthen supervision of spot and futures markets, as producer inflation in the country hit over 12 year-highs.\nGoldman also viewed gold as under-valued relative to both real and nominal fundamentals.\n“In fact, gold is now pricing a Goldilocks scenario of strong growth without any inflation, implying limited demand for it as either a defensive asset or inflation hedge.”","news_type":1,"symbols_score_info":{"GS":0.9}},"isVote":1,"tweetType":1,"viewCount":1630,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":125707544,"gmtCreate":1624690893088,"gmtModify":1633949511038,"author":{"id":"3581993780373716","authorId":"3581993780373716","name":"cjng85","avatar":"https://static.tigerbbs.com/9680da849278b62caf21a1e6d7840391","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581993780373716","authorIdStr":"3581993780373716"},"themes":[],"htmlText":"Good","listText":"Good","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/125707544","repostId":"1132692662","repostType":4,"repost":{"id":"1132692662","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":1624680481,"share":"https://www.laohu8.com/m/news/1132692662?lang=zh_CN&edition=full","pubTime":"2021-06-26 12:08","market":"us","language":"en","title":"Tesla recalls some imported and domestic Model 3 and Model Y in China<blockquote>特斯拉在华召回部分进口及国产Model 3和Model Y</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1132692662","media":"Tiger Newspress","summary":"Recently, Tesla filed a recall plan and decided to recall some vehicles from now on,according to China's State Administration of market supervision.Tesla decided to recall 35665 imported Model 3 produced between January 12, 2019 and November 27, 2019.Meanwhile, Tesla will recall some domestic Model 3 produced from December 19, 2019 to June 7, 2021, totaling 211256 vehicles; A total of 38599 domestic Model Y were produced from January 1, 2021 to June 7, 2021.In response to the recall, Tesla said ","content":"<p>Recently, Tesla filed a recall plan and decided to recall some vehicles from now on,according to China's State Administration of market supervision.</p><p><blockquote>据国家市场监督管理总局消息，近日，特斯拉备案了召回计划，决定自即日起召回部分车辆。</blockquote></p><p> Tesla decided to recall 35665 imported Model 3 produced between January 12, 2019 and November 27, 2019.</p><p><blockquote>特斯拉决定召回2019年1月12日至2019年11月27日期间生产的35665辆进口Model 3。</blockquote></p><p> Meanwhile, Tesla will recall some domestic Model 3 produced from December 19, 2019 to June 7, 2021, totaling 211256 vehicles; A total of 38599 domestic Model Y were produced from January 1, 2021 to June 7, 2021.</p><p><blockquote>同时，特斯拉将召回2019年12月19日至2021年6月7日生产的部分国产Model 3，共计211256辆；2021年1月1日至2021年6月7日期间生产的国产Model Y共计38599辆。</blockquote></p><p> Due to the problems of the active cruise control system of the vehicles within the scope of this recall, it is easy for the driver to activate the active cruise function by mistake in the following situations: when the vehicle is in D gear, the driver tries to switch the gear by pushing the right control lever again; When the vehicle turns sharply, the driver touches and moves the right control lever by mistake, etc. After the active cruise control is mistakenly activated, if the cruise speed set by the vehicle is not the current speed, and the current speed is lower than the set speed, the vehicle will accelerate to the set speed, resulting in a sudden increase in vehicle speed, which will affect the driver's expectation and lead to misjudgment of vehicle handling. In extreme cases, it may lead to vehicle collision, and there are potential safety hazards.</p><p><blockquote>本次召回范围内车辆由于主动巡航控制系统存在问题，在以下情况下驾驶员容易误激活主动巡航功能：当车辆挂入D挡时，驾驶员试图通过再次推动右侧操纵杆来切换挡位；车辆急转弯时，驾驶员误触并移动右侧操纵杆等。误启动主动巡航控制后，如果车辆设定的巡航速度不是当前速度，而当前速度低于设定速度，车辆就会加速到设定速度，造成车速突然升高，影响驾驶员的预期，导致车辆操控误判。极端情况下可能导致车辆碰撞，存在安全隐患。</blockquote></p><p> Tesla will upgrade the active cruise control software for the recalled vehicles free of charge through OTA technology, so users can complete the software upgrade without going to the store; For vehicles that cannot be recalled through OTA technology, Tesla Motors (Beijing) Co., Ltd. and Tesla (Shanghai) Co., Ltd. will contact relevant users through Tesla service center to upgrade active cruise control software for vehicles free, so as to eliminate potential safety hazards.</p><p><blockquote>特斯拉将通过OTA技术为召回车辆免费升级主动巡航控制软件，用户无需到店即可完成软件升级；对于无法通过OTA技术召回的车辆，特斯拉（北京）有限公司和特斯拉（上海）有限公司将通过特斯拉服务中心联系相关用户，为车辆免费升级主动巡航控制软件，以消除安全隐患。</blockquote></p><p> In response to the recall, Tesla said on June 26 that for the vehicles (Model 3 / Model Y) within the scope of this recall, due to the fact that the active cruise control function may be activated by the driver by mistake, there are potential safety hazards in extreme cases. Tesla took the initiative to file the recall plan with the State Administration of market supervision and administration. Users do not need to go to the store to complete the OTA. Tesla said it apologized for the inconvenience caused by the recall.</p><p><blockquote>针对此次召回，特斯拉6月26日表示，本次召回范围内的车辆（Model 3/Model Y），由于主动巡航控制功能可能被驾驶员误激活，极端情况下存在安全隐患。特斯拉主动向国家市场监督管理总局备案了召回计划。用户无需前往门店即可完成OTA。特斯拉表示，对此次召回给您带来的不便表示歉意。</blockquote></p><p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Tesla recalls some imported and domestic Model 3 and Model Y in China<blockquote>特斯拉在华召回部分进口及国产Model 3和Model Y</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\">\nTesla recalls some imported and domestic Model 3 and Model Y in China<blockquote>特斯拉在华召回部分进口及国产Model 3和Model Y</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\">2021-06-26 12:08</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>Recently, Tesla filed a recall plan and decided to recall some vehicles from now on,according to China's State Administration of market supervision.</p><p><blockquote>据国家市场监督管理总局消息，近日，特斯拉备案了召回计划，决定自即日起召回部分车辆。</blockquote></p><p> Tesla decided to recall 35665 imported Model 3 produced between January 12, 2019 and November 27, 2019.</p><p><blockquote>特斯拉决定召回2019年1月12日至2019年11月27日期间生产的35665辆进口Model 3。</blockquote></p><p> Meanwhile, Tesla will recall some domestic Model 3 produced from December 19, 2019 to June 7, 2021, totaling 211256 vehicles; A total of 38599 domestic Model Y were produced from January 1, 2021 to June 7, 2021.</p><p><blockquote>同时，特斯拉将召回2019年12月19日至2021年6月7日生产的部分国产Model 3，共计211256辆；2021年1月1日至2021年6月7日期间生产的国产Model Y共计38599辆。</blockquote></p><p> Due to the problems of the active cruise control system of the vehicles within the scope of this recall, it is easy for the driver to activate the active cruise function by mistake in the following situations: when the vehicle is in D gear, the driver tries to switch the gear by pushing the right control lever again; When the vehicle turns sharply, the driver touches and moves the right control lever by mistake, etc. After the active cruise control is mistakenly activated, if the cruise speed set by the vehicle is not the current speed, and the current speed is lower than the set speed, the vehicle will accelerate to the set speed, resulting in a sudden increase in vehicle speed, which will affect the driver's expectation and lead to misjudgment of vehicle handling. In extreme cases, it may lead to vehicle collision, and there are potential safety hazards.</p><p><blockquote>本次召回范围内车辆由于主动巡航控制系统存在问题，在以下情况下驾驶员容易误激活主动巡航功能：当车辆挂入D挡时，驾驶员试图通过再次推动右侧操纵杆来切换挡位；车辆急转弯时，驾驶员误触并移动右侧操纵杆等。误启动主动巡航控制后，如果车辆设定的巡航速度不是当前速度，而当前速度低于设定速度，车辆就会加速到设定速度，造成车速突然升高，影响驾驶员的预期，导致车辆操控误判。极端情况下可能导致车辆碰撞，存在安全隐患。</blockquote></p><p> Tesla will upgrade the active cruise control software for the recalled vehicles free of charge through OTA technology, so users can complete the software upgrade without going to the store; For vehicles that cannot be recalled through OTA technology, Tesla Motors (Beijing) Co., Ltd. and Tesla (Shanghai) Co., Ltd. will contact relevant users through Tesla service center to upgrade active cruise control software for vehicles free, so as to eliminate potential safety hazards.</p><p><blockquote>特斯拉将通过OTA技术为召回车辆免费升级主动巡航控制软件，用户无需到店即可完成软件升级；对于无法通过OTA技术召回的车辆，特斯拉（北京）有限公司和特斯拉（上海）有限公司将通过特斯拉服务中心联系相关用户，为车辆免费升级主动巡航控制软件，以消除安全隐患。</blockquote></p><p> In response to the recall, Tesla said on June 26 that for the vehicles (Model 3 / Model Y) within the scope of this recall, due to the fact that the active cruise control function may be activated by the driver by mistake, there are potential safety hazards in extreme cases. Tesla took the initiative to file the recall plan with the State Administration of market supervision and administration. Users do not need to go to the store to complete the OTA. Tesla said it apologized for the inconvenience caused by the recall.</p><p><blockquote>针对此次召回，特斯拉6月26日表示，本次召回范围内的车辆（Model 3/Model Y），由于主动巡航控制功能可能被驾驶员误激活，极端情况下存在安全隐患。特斯拉主动向国家市场监督管理总局备案了召回计划。用户无需前往门店即可完成OTA。特斯拉表示，对此次召回给您带来的不便表示歉意。</blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1132692662","content_text":"Recently, Tesla filed a recall plan and decided to recall some vehicles from now on,according to China's State Administration of market supervision.\nTesla decided to recall 35665 imported Model 3 produced between January 12, 2019 and November 27, 2019.\nMeanwhile, Tesla will recall some domestic Model 3 produced from December 19, 2019 to June 7, 2021, totaling 211256 vehicles; A total of 38599 domestic Model Y were produced from January 1, 2021 to June 7, 2021.\nDue to the problems of the active cruise control system of the vehicles within the scope of this recall, it is easy for the driver to activate the active cruise function by mistake in the following situations: when the vehicle is in D gear, the driver tries to switch the gear by pushing the right control lever again; When the vehicle turns sharply, the driver touches and moves the right control lever by mistake, etc. After the active cruise control is mistakenly activated, if the cruise speed set by the vehicle is not the current speed, and the current speed is lower than the set speed, the vehicle will accelerate to the set speed, resulting in a sudden increase in vehicle speed, which will affect the driver's expectation and lead to misjudgment of vehicle handling. In extreme cases, it may lead to vehicle collision, and there are potential safety hazards.\nTesla will upgrade the active cruise control software for the recalled vehicles free of charge through OTA technology, so users can complete the software upgrade without going to the store; For vehicles that cannot be recalled through OTA technology, Tesla Motors (Beijing) Co., Ltd. and Tesla (Shanghai) Co., Ltd. will contact relevant users through Tesla service center to upgrade active cruise control software for vehicles free, so as to eliminate potential safety hazards.\nIn response to the recall, Tesla said on June 26 that for the vehicles (Model 3 / Model Y) within the scope of this recall, due to the fact that the active cruise control function may be activated by the driver by mistake, there are potential safety hazards in extreme cases. Tesla took the initiative to file the recall plan with the State Administration of market supervision and administration. Users do not need to go to the store to complete the OTA. Tesla said it apologized for the inconvenience caused by the recall.","news_type":1,"symbols_score_info":{"TSLA":0.9}},"isVote":1,"tweetType":1,"viewCount":1902,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":125707012,"gmtCreate":1624690829036,"gmtModify":1633949511483,"author":{"id":"3581993780373716","authorId":"3581993780373716","name":"cjng85","avatar":"https://static.tigerbbs.com/9680da849278b62caf21a1e6d7840391","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581993780373716","authorIdStr":"3581993780373716"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/125707012","repostId":"1108941456","repostType":4,"isVote":1,"tweetType":1,"viewCount":2496,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":372199361,"gmtCreate":1619184430653,"gmtModify":1634287934692,"author":{"id":"3581993780373716","authorId":"3581993780373716","name":"cjng85","avatar":"https://static.tigerbbs.com/9680da849278b62caf21a1e6d7840391","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581993780373716","authorIdStr":"3581993780373716"},"themes":[],"htmlText":"Good","listText":"Good","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/372199361","repostId":"1143062408","repostType":4,"isVote":1,"tweetType":1,"viewCount":196,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":148509423,"gmtCreate":1625983822162,"gmtModify":1633931093246,"author":{"id":"3581993780373716","authorId":"3581993780373716","name":"cjng85","avatar":"https://static.tigerbbs.com/9680da849278b62caf21a1e6d7840391","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581993780373716","authorIdStr":"3581993780373716"},"themes":[],"htmlText":"Like&nbsp;","listText":"Like&nbsp;","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/148509423","repostId":"2150463301","repostType":4,"isVote":1,"tweetType":1,"viewCount":1515,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":127665006,"gmtCreate":1624846650305,"gmtModify":1633948039566,"author":{"id":"3581993780373716","authorId":"3581993780373716","name":"cjng85","avatar":"https://static.tigerbbs.com/9680da849278b62caf21a1e6d7840391","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581993780373716","authorIdStr":"3581993780373716"},"themes":[],"htmlText":"Nice&nbsp;","listText":"Nice&nbsp;","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/127665006","repostId":"1106788377","repostType":4,"isVote":1,"tweetType":1,"viewCount":1629,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":122999322,"gmtCreate":1624591254666,"gmtModify":1633950804205,"author":{"id":"3581993780373716","authorId":"3581993780373716","name":"cjng85","avatar":"https://static.tigerbbs.com/9680da849278b62caf21a1e6d7840391","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581993780373716","authorIdStr":"3581993780373716"},"themes":[],"htmlText":"good","listText":"good","text":"good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/122999322","repostId":"1142278823","repostType":4,"isVote":1,"tweetType":1,"viewCount":1873,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":104687556,"gmtCreate":1620385476075,"gmtModify":1634205619059,"author":{"id":"3581993780373716","authorId":"3581993780373716","name":"cjng85","avatar":"https://static.tigerbbs.com/9680da849278b62caf21a1e6d7840391","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581993780373716","authorIdStr":"3581993780373716"},"themes":[],"htmlText":"Good","listText":"Good","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/104687556","repostId":"1157328258","repostType":4,"repost":{"id":"1157328258","kind":"news","pubTimestamp":1620360165,"share":"https://www.laohu8.com/m/news/1157328258?lang=zh_CN&edition=full","pubTime":"2021-05-07 12:02","market":"us","language":"en","title":"Amazon: The Most Clearly Undervalued Company<blockquote>亚马逊：最明显被低估的公司</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1157328258","media":"Seeking alpha","summary":"SummaryAmazon is one of the companies whose growth has not yet reached its limit and not even entere","content":"<p>Summary</p><p><blockquote>总结</blockquote></p><p><ul><li>Amazon is one of the companies whose growth has not yet reached its limit and not even entered the plateau phase.</li><li>In terms of comparative valuation, AMZN is undervalued against the market.</li><li>DCF-based Amazon stock price target suggests 30% upside potential. But I think this is not even a basic scenario, but a pessimistic scenario.</li></ul>I present my comprehensive Amazon (AMZN) analysis in light of the results of the last quarter.</p><p><blockquote><ul><li>亚马逊是增长尚未达到极限，甚至还没有进入平台期的公司之一。</li><li>就比较估值而言，AMZN相对于市场被低估。</li><li>基于DCF的亚马逊股价目标显示30%的上涨潜力。但我认为这甚至不是一个基本的情景，而是一个悲观的情景。</li></ul>我根据上个季度的业绩对亚马逊（AMZN）进行了全面的分析。</blockquote></p><p>#1 Price vs. Growth</p><p><blockquote>#1价格与增长</blockquote></p><p>First of all, let's assess whether we can statistically state that Amazon's growth has accelerated or slowed down in the last quarter. To do this, let's compare the revenue growth trends of the key segments of the company with and without the results of the last four quarters.</p><p><blockquote>首先，我们来评估一下我们是否可以从统计数据上说明亚马逊上个季度的增长是加速还是放缓。为此，让我们比较一下有和没有过去四个季度业绩的公司关键部门的收入增长趋势。</blockquote></p><p>The dynamics of the 'Online Stores' segment showed a qualitative breakthrough. Without taking into account the last four quarters, a near-linear trend was observed here. Now, it has become exponential:</p><p><blockquote>“在线商店”部分的动态显示出质的突破。在不考虑过去四个季度的情况下，这里观察到了接近线性的趋势。现在，它已经成为指数级增长：</blockquote></p><p><img src=\"https://static.tigerbbs.com/bac49a9df0e5b978dc15e20bedfce3da\" tg-width=\"640\" tg-height=\"396\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p><i>Source: VisualizedAnalytics.com</i></p><p><blockquote><i>资料来源：VisualizedAnalytics.com</i></blockquote></p><p>The 'Third-Party Seller Services' segment - the exponential growth continues:</p><p><blockquote>“第三方卖家服务”细分市场——指数级增长仍在继续：</blockquote></p><p><img src=\"https://static.tigerbbs.com/6b58df42726bc01c8a5e5c2940d0476d\" tg-width=\"640\" tg-height=\"396\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p><i>Source: VisualizedAnalytics.com</i></p><p><blockquote><i>资料来源：VisualizedAnalytics.com</i></blockquote></p><p>The 'Subscription Services' (Amazon Prime) segment - here the acceleration remains, and the result of the last quarter was better than the trend:</p><p><blockquote>“订阅服务”（Amazon Prime）细分市场——这里的加速仍然存在，上个季度的结果好于趋势：</blockquote></p><p><i>Source: VisualizedAnalytics.com</i></p><p><blockquote><i>资料来源：VisualizedAnalytics.com</i></blockquote></p><p>The 'Other' (advertising services) segment has also showed a significant acceleration:<img src=\"https://static.tigerbbs.com/a58095394bdd79d561166a74942a9e55\" tg-width=\"640\" tg-height=\"396\" referrerpolicy=\"no-referrer\"></p><p><blockquote>“其他”（广告服务）部门也显示出显着的加速：</blockquote></p><p><i>Source: VisualizedAnalytics.com</i></p><p><blockquote><i>资料来源：VisualizedAnalytics.com</i></blockquote></p><p>The growth trend of 'Amazon Web Services' has slowed down, but judging by the results of the last quarter, there is a gradual return to the previous trend:</p><p><blockquote>‘Amazon Web Services’的增长趋势有所放缓，但从上个季度的结果来看，有逐渐回归之前的趋势：</blockquote></p><p><img src=\"https://static.tigerbbs.com/07069ccaab37c32eed56da69881e7bce\" tg-width=\"640\" tg-height=\"396\" referrerpolicy=\"no-referrer\"><i>Source: VisualizedAnalytics.com</i></p><p><blockquote><i>资料来源：VisualizedAnalytics.com</i></blockquote></p><p>Geographically, Amazon's revenue was also significantly better than the trend:</p><p><blockquote>从地域上看，亚马逊的营收也明显好于趋势：</blockquote></p><p><img src=\"https://static.tigerbbs.com/a1d9246e5c01aac6c62e49ad7cd73e2c\" tg-width=\"640\" tg-height=\"396\" referrerpolicy=\"no-referrer\"><img src=\"https://static.tigerbbs.com/0e7276161a3d2b2159ab3d727d3cb7d9\" tg-width=\"640\" tg-height=\"396\" referrerpolicy=\"no-referrer\"><i>Source: VisualizedAnalytics.com</i></p><p><blockquote><i>资料来源：VisualizedAnalytics.com</i></blockquote></p><p><i>So, statistically, not subjectively, we should recognize the acceleration of the company's growth</i><i><b>in all key segments</b></i><i>. In my opinion, this is exactly what is expected from Amazon.</i></p><p><blockquote><i>因此，从统计上，而不是主观上，我们应该认识到公司增长的加速</i><i><b>在所有关键细分市场</b></i><i>.在我看来，这正是人们对亚马逊的期望。</i></blockquote></p><p>Further. Over the last 10 years, Amazon's capitalization has been in a qualitative linear relationship with its revenue:</p><p><blockquote>更远地。在过去10年中，亚马逊的资本化与其收入呈定性线性关系：</blockquote></p><p><img src=\"https://static.tigerbbs.com/f105c314902d29dae4d0f0e400aa2245\" tg-width=\"640\" tg-height=\"396\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p><i>Source: VisualizedAnalytics.com</i></p><p><blockquote><i>资料来源：VisualizedAnalytics.com</i></blockquote></p><p>There is also a certain influence of the company's revenue growth rate on its multiples:</p><p><blockquote>公司营收增速对其倍数也有一定影响：</blockquote></p><p><img src=\"https://static.tigerbbs.com/8beca01b5624a15aab79465c580ded6b\" tg-width=\"640\" tg-height=\"396\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p><i>Source: VisualizedAnalytics.com</i></p><p><blockquote><i>资料来源：VisualizedAnalytics.com</i></blockquote></p><p>Based on these two relationships and taking into account the influence of the growth of theM2 money stockin the US, it is possible to build another model that allows us to determine the balanced level of the company's capitalization. In addition, this model allows to model the growth of the company's capitalization based on the current expectations of analysts regarding the company's revenue growth in the next four quarters. Here is this model:</p><p><blockquote>基于这两种关系，并考虑到美国货币存量增长的影响，有可能建立另一个模型，使我们能够确定公司资本化的平衡水平。此外，该模型允许根据分析师当前对公司未来四个季度收入增长的预期来模拟公司资本的增长。这是这个模型：</blockquote></p><p><img src=\"https://static.tigerbbs.com/083fa1dc350e5e54cc7d3145744c9e4c\" tg-width=\"640\" tg-height=\"396\" referrerpolicy=\"no-referrer\"><img src=\"https://static.tigerbbs.com/d63f0cff5e0dd83343d26ee90552a033\" tg-width=\"640\" tg-height=\"396\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p><i>Source: VisualizedAnalytics.com</i></p><p><blockquote><i>资料来源：VisualizedAnalytics.com</i></blockquote></p><p><i>As you can see, firstly, this model indicates that the company's current price is already</i><i><b>below the balanced level</b></i><i>. And secondly, it assumes a</i><i><b>25% growth</b></i><i>in capitalization in the next four quarters.</i></p><p><blockquote><i>正如你所看到的，首先，这个模型表明公司当前的价格已经</i><i><b>低于平衡水平</b></i><i>其次，它假设</i><i><b>25%增长</b></i><i>未来四个季度的资本化。</i></blockquote></p><p>#2 Comparative Valuation</p><p><blockquote>#2比较估值</blockquote></p><p>In the previous block, I modeled Amazon's balanced price based on revenue. What is remarkable is that if we apply the same approach to the comparative valuation of the company using multiples, we will fail. At least I have not been able to find a single revenue-based multiple that would make it possible to successfully compare Amazon to other companies. But the forward P/E (next FY) multiple adjusted by the expected EPS annual growth rate made it possible to find a suitable model:</p><p><blockquote>在上一个模块中，我根据收入对亚马逊的均衡价格进行了建模。值得注意的是，如果我们用同样的方法使用倍数对公司进行比较估值，我们就会失败。至少我还没有找到一个基于收入的倍数来成功地将亚马逊与其他公司进行比较。但根据预期每股收益年增长率调整后的远期市盈率（下一财年）倍数使得找到合适的模型成为可能：</blockquote></p><p></p><p><img src=\"https://static.tigerbbs.com/97ac0310bcef622e12c8c21d46979f7e\" tg-width=\"640\" tg-height=\"396\" referrerpolicy=\"no-referrer\"><img src=\"https://static.tigerbbs.com/8d7573ff8a7fc00719a51042f09fc989\" tg-width=\"640\" tg-height=\"396\" referrerpolicy=\"no-referrer\"><i>Source: VisualizedAnalytics.com</i></p><p><blockquote><i>资料来源：VisualizedAnalytics.com</i></blockquote></p><p><i>As you can see, judging by this multiple, Amazon is significantly undervalued.</i></p><p><blockquote><i>正如你所看到的，从这个倍数来看，亚马逊被严重低估了。</i></blockquote></p><p>#3 Discounted Cash Flow Model</p><p><blockquote>#3贴现现金流模型</blockquote></p><p>When predicting Amazon's revenue for the next decade, I proceeded from the average expectations ofanalysts:</p><p><blockquote>在预测亚马逊未来十年的收入时，我从分析师的平均预期出发：</blockquote></p><p><img src=\"https://static.tigerbbs.com/9f41298db73dbcd92469026cc4e767c4\" tg-width=\"640\" tg-height=\"323\" referrerpolicy=\"no-referrer\"><i>Source: Seeking Alpha Pro</i></p><p><blockquote><i>资料来源：寻求Alpha Pro</i></blockquote></p><p>When predicting the dynamics of Amazon's operating margin, I also proceeded from analysts'expectationsregarding the growth of the company's EPS, and taking into account the gradual increase in the tax rate to 25%. In my opinion, a gradual increase in the operating margin to 8% in the terminal year is a very realistic scenario.</p><p><blockquote>在预测亚马逊营业利润率的动态时，我也从分析师对公司每股收益增长的预期出发，并考虑到税率逐渐提高到25%。在我看来，在终端年将营业利润率逐步提高到8%是一个非常现实的情况。</blockquote></p><p>Here is the calculation of the Weighted Average Cost of Capital:</p><p><blockquote>以下是加权平均资本成本的计算：</blockquote></p><p><img src=\"https://static.tigerbbs.com/759163398701e54efd7cfabd11a0867d\" tg-width=\"480\" tg-height=\"374\" referrerpolicy=\"no-referrer\"><i>Source: Author</i></p><p><blockquote><i>来源：作者</i></blockquote></p><p>Some explanations:</p><p><blockquote>一些解释：</blockquote></p><p><ul><li>In order to calculate the market rate of return, I used values of equityriskpremium (4.72%) and the current yield of UST10 as a risk-free rate (1.6%).</li><li>I used the currentvalueof the three-year beta coefficient (0.92). For the terminal year, I used Beta equal to 1.</li><li>To calculate the Cost of Debt, I used the interest expense for 2019 and 2020 divided by the debt value for the same years.</li></ul>Here is the model itself:</p><p><blockquote><ul><li>为了计算市场回报率，我使用了equityriskpremium（4.72%）和UST10的当前收益率作为无风险利率（1.6%）。</li><li>我使用了三年贝塔系数的当前值（0.92）。在最后一年，我使用Beta等于1。</li><li>为了计算债务成本，我使用2019年和2020年的利息支出除以同年的债务价值。</li></ul>以下是模型本身：</blockquote></p><p><img src=\"https://static.tigerbbs.com/0df02bca01b3ef74d3b640d95eb00590\" tg-width=\"640\" tg-height=\"528\" referrerpolicy=\"no-referrer\">(In high resolution)</p><p><blockquote>（高分辨率）</blockquote></p><p><i>Source: Author</i></p><p><blockquote><i>来源：作者</i></blockquote></p><p><i>The DCF-based target price of Amazon's shares is $4,280, offering 29% upside.</i></p><p><blockquote><i>亚马逊股票基于DCF的目标价为4,280美元，上涨空间为29%。</i></blockquote></p><p>Final thoughts</p><p><blockquote>最后的想法</blockquote></p><p><ol><li>Amazon is one of the companies whose growth has not yet reached its limit and not even entered the plateau phase. In a sense, this is a startup with $73 billion cash.</li><li>The fact that Amazon remains in the acceleration phase does not mean that its capitalization is constantly undervalued. But in this case, based on the patterns between the company's capitalization and the parameters of its revenue, we can conclude that the company is<b>undervalued</b>.</li><li>Comparing Amazon to other companies through the prism of expected EPS growth, it must be admitted that the company is<b>much cheaper</b>than the market.</li><li>DCF model based on average expectations analysts indicate a 30% undervaluation. At the start of the year, a similarmodelindicated a 20% undervaluation.</li><li>When you look at Amazon's revenue forecast for the next decade, you realize that the company will face growth problems. But in my opinion,<i>it is better to invest in a company facing growth problems than aging problems</i>.</li></ol></p><p><blockquote><ol><li>亚马逊是增长尚未达到极限，甚至还没有进入平台期的公司之一。从某种意义上说，这是一家拥有730亿美元现金的初创公司。</li><li>亚马逊仍处于加速阶段的事实并不意味着其市值不断被低估。但在这种情况下，根据公司的资本化和收入参数之间的模式，我们可以得出结论，公司是<b>被低估</b>.</li><li>通过预期每股收益增长的棱镜将亚马逊与其他公司进行比较，必须承认该公司是<b>便宜多了</b>比市场。</li><li>基于平均预期的DCF模型分析师表示低估了30%。今年年初，类似的模型显示估值被低估了20%。</li><li>当你看亚马逊未来十年的收入预测时，你会意识到该公司将面临增长问题。但在我看来，<i>投资一家面临增长问题的公司比投资老龄化问题的公司更好</i>.</li></ol></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>Amazon: The Most Clearly Undervalued Company<blockquote>亚马逊：最明显被低估的公司</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\">\nAmazon: The Most Clearly Undervalued Company<blockquote>亚马逊：最明显被低估的公司</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Seeking alpha</strong><span class=\"h-time small\">2021-05-07 12:02</span>\n</p>\n</h4>\n</header>\n<article>\n<p>Summary</p><p><blockquote>总结</blockquote></p><p><ul><li>Amazon is one of the companies whose growth has not yet reached its limit and not even entered the plateau phase.</li><li>In terms of comparative valuation, AMZN is undervalued against the market.</li><li>DCF-based Amazon stock price target suggests 30% upside potential. But I think this is not even a basic scenario, but a pessimistic scenario.</li></ul>I present my comprehensive Amazon (AMZN) analysis in light of the results of the last quarter.</p><p><blockquote><ul><li>亚马逊是增长尚未达到极限，甚至还没有进入平台期的公司之一。</li><li>就比较估值而言，AMZN相对于市场被低估。</li><li>基于DCF的亚马逊股价目标显示30%的上涨潜力。但我认为这甚至不是一个基本的情景，而是一个悲观的情景。</li></ul>我根据上个季度的业绩对亚马逊（AMZN）进行了全面的分析。</blockquote></p><p>#1 Price vs. Growth</p><p><blockquote>#1价格与增长</blockquote></p><p>First of all, let's assess whether we can statistically state that Amazon's growth has accelerated or slowed down in the last quarter. To do this, let's compare the revenue growth trends of the key segments of the company with and without the results of the last four quarters.</p><p><blockquote>首先，我们来评估一下我们是否可以从统计数据上说明亚马逊上个季度的增长是加速还是放缓。为此，让我们比较一下有和没有过去四个季度业绩的公司关键部门的收入增长趋势。</blockquote></p><p>The dynamics of the 'Online Stores' segment showed a qualitative breakthrough. Without taking into account the last four quarters, a near-linear trend was observed here. Now, it has become exponential:</p><p><blockquote>“在线商店”部分的动态显示出质的突破。在不考虑过去四个季度的情况下，这里观察到了接近线性的趋势。现在，它已经成为指数级增长：</blockquote></p><p><img src=\"https://static.tigerbbs.com/bac49a9df0e5b978dc15e20bedfce3da\" tg-width=\"640\" tg-height=\"396\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p><i>Source: VisualizedAnalytics.com</i></p><p><blockquote><i>资料来源：VisualizedAnalytics.com</i></blockquote></p><p>The 'Third-Party Seller Services' segment - the exponential growth continues:</p><p><blockquote>“第三方卖家服务”细分市场——指数级增长仍在继续：</blockquote></p><p><img src=\"https://static.tigerbbs.com/6b58df42726bc01c8a5e5c2940d0476d\" tg-width=\"640\" tg-height=\"396\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p><i>Source: VisualizedAnalytics.com</i></p><p><blockquote><i>资料来源：VisualizedAnalytics.com</i></blockquote></p><p>The 'Subscription Services' (Amazon Prime) segment - here the acceleration remains, and the result of the last quarter was better than the trend:</p><p><blockquote>“订阅服务”（Amazon Prime）细分市场——这里的加速仍然存在，上个季度的结果好于趋势：</blockquote></p><p><i>Source: VisualizedAnalytics.com</i></p><p><blockquote><i>资料来源：VisualizedAnalytics.com</i></blockquote></p><p>The 'Other' (advertising services) segment has also showed a significant acceleration:<img src=\"https://static.tigerbbs.com/a58095394bdd79d561166a74942a9e55\" tg-width=\"640\" tg-height=\"396\" referrerpolicy=\"no-referrer\"></p><p><blockquote>“其他”（广告服务）部门也显示出显着的加速：</blockquote></p><p><i>Source: VisualizedAnalytics.com</i></p><p><blockquote><i>资料来源：VisualizedAnalytics.com</i></blockquote></p><p>The growth trend of 'Amazon Web Services' has slowed down, but judging by the results of the last quarter, there is a gradual return to the previous trend:</p><p><blockquote>‘Amazon Web Services’的增长趋势有所放缓，但从上个季度的结果来看，有逐渐回归之前的趋势：</blockquote></p><p><img src=\"https://static.tigerbbs.com/07069ccaab37c32eed56da69881e7bce\" tg-width=\"640\" tg-height=\"396\" referrerpolicy=\"no-referrer\"><i>Source: VisualizedAnalytics.com</i></p><p><blockquote><i>资料来源：VisualizedAnalytics.com</i></blockquote></p><p>Geographically, Amazon's revenue was also significantly better than the trend:</p><p><blockquote>从地域上看，亚马逊的营收也明显好于趋势：</blockquote></p><p><img src=\"https://static.tigerbbs.com/a1d9246e5c01aac6c62e49ad7cd73e2c\" tg-width=\"640\" tg-height=\"396\" referrerpolicy=\"no-referrer\"><img src=\"https://static.tigerbbs.com/0e7276161a3d2b2159ab3d727d3cb7d9\" tg-width=\"640\" tg-height=\"396\" referrerpolicy=\"no-referrer\"><i>Source: VisualizedAnalytics.com</i></p><p><blockquote><i>资料来源：VisualizedAnalytics.com</i></blockquote></p><p><i>So, statistically, not subjectively, we should recognize the acceleration of the company's growth</i><i><b>in all key segments</b></i><i>. In my opinion, this is exactly what is expected from Amazon.</i></p><p><blockquote><i>因此，从统计上，而不是主观上，我们应该认识到公司增长的加速</i><i><b>在所有关键细分市场</b></i><i>.在我看来，这正是人们对亚马逊的期望。</i></blockquote></p><p>Further. Over the last 10 years, Amazon's capitalization has been in a qualitative linear relationship with its revenue:</p><p><blockquote>更远地。在过去10年中，亚马逊的资本化与其收入呈定性线性关系：</blockquote></p><p><img src=\"https://static.tigerbbs.com/f105c314902d29dae4d0f0e400aa2245\" tg-width=\"640\" tg-height=\"396\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p><i>Source: VisualizedAnalytics.com</i></p><p><blockquote><i>资料来源：VisualizedAnalytics.com</i></blockquote></p><p>There is also a certain influence of the company's revenue growth rate on its multiples:</p><p><blockquote>公司营收增速对其倍数也有一定影响：</blockquote></p><p><img src=\"https://static.tigerbbs.com/8beca01b5624a15aab79465c580ded6b\" tg-width=\"640\" tg-height=\"396\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p><i>Source: VisualizedAnalytics.com</i></p><p><blockquote><i>资料来源：VisualizedAnalytics.com</i></blockquote></p><p>Based on these two relationships and taking into account the influence of the growth of theM2 money stockin the US, it is possible to build another model that allows us to determine the balanced level of the company's capitalization. In addition, this model allows to model the growth of the company's capitalization based on the current expectations of analysts regarding the company's revenue growth in the next four quarters. Here is this model:</p><p><blockquote>基于这两种关系，并考虑到美国货币存量增长的影响，有可能建立另一个模型，使我们能够确定公司资本化的平衡水平。此外，该模型允许根据分析师当前对公司未来四个季度收入增长的预期来模拟公司资本的增长。这是这个模型：</blockquote></p><p><img src=\"https://static.tigerbbs.com/083fa1dc350e5e54cc7d3145744c9e4c\" tg-width=\"640\" tg-height=\"396\" referrerpolicy=\"no-referrer\"><img src=\"https://static.tigerbbs.com/d63f0cff5e0dd83343d26ee90552a033\" tg-width=\"640\" tg-height=\"396\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p><i>Source: VisualizedAnalytics.com</i></p><p><blockquote><i>资料来源：VisualizedAnalytics.com</i></blockquote></p><p><i>As you can see, firstly, this model indicates that the company's current price is already</i><i><b>below the balanced level</b></i><i>. And secondly, it assumes a</i><i><b>25% growth</b></i><i>in capitalization in the next four quarters.</i></p><p><blockquote><i>正如你所看到的，首先，这个模型表明公司当前的价格已经</i><i><b>低于平衡水平</b></i><i>其次，它假设</i><i><b>25%增长</b></i><i>未来四个季度的资本化。</i></blockquote></p><p>#2 Comparative Valuation</p><p><blockquote>#2比较估值</blockquote></p><p>In the previous block, I modeled Amazon's balanced price based on revenue. What is remarkable is that if we apply the same approach to the comparative valuation of the company using multiples, we will fail. At least I have not been able to find a single revenue-based multiple that would make it possible to successfully compare Amazon to other companies. But the forward P/E (next FY) multiple adjusted by the expected EPS annual growth rate made it possible to find a suitable model:</p><p><blockquote>在上一个模块中，我根据收入对亚马逊的均衡价格进行了建模。值得注意的是，如果我们用同样的方法使用倍数对公司进行比较估值，我们就会失败。至少我还没有找到一个基于收入的倍数来成功地将亚马逊与其他公司进行比较。但根据预期每股收益年增长率调整后的远期市盈率（下一财年）倍数使得找到合适的模型成为可能：</blockquote></p><p></p><p><img src=\"https://static.tigerbbs.com/97ac0310bcef622e12c8c21d46979f7e\" tg-width=\"640\" tg-height=\"396\" referrerpolicy=\"no-referrer\"><img src=\"https://static.tigerbbs.com/8d7573ff8a7fc00719a51042f09fc989\" tg-width=\"640\" tg-height=\"396\" referrerpolicy=\"no-referrer\"><i>Source: VisualizedAnalytics.com</i></p><p><blockquote><i>资料来源：VisualizedAnalytics.com</i></blockquote></p><p><i>As you can see, judging by this multiple, Amazon is significantly undervalued.</i></p><p><blockquote><i>正如你所看到的，从这个倍数来看，亚马逊被严重低估了。</i></blockquote></p><p>#3 Discounted Cash Flow Model</p><p><blockquote>#3贴现现金流模型</blockquote></p><p>When predicting Amazon's revenue for the next decade, I proceeded from the average expectations ofanalysts:</p><p><blockquote>在预测亚马逊未来十年的收入时，我从分析师的平均预期出发：</blockquote></p><p><img src=\"https://static.tigerbbs.com/9f41298db73dbcd92469026cc4e767c4\" tg-width=\"640\" tg-height=\"323\" referrerpolicy=\"no-referrer\"><i>Source: Seeking Alpha Pro</i></p><p><blockquote><i>资料来源：寻求Alpha Pro</i></blockquote></p><p>When predicting the dynamics of Amazon's operating margin, I also proceeded from analysts'expectationsregarding the growth of the company's EPS, and taking into account the gradual increase in the tax rate to 25%. In my opinion, a gradual increase in the operating margin to 8% in the terminal year is a very realistic scenario.</p><p><blockquote>在预测亚马逊营业利润率的动态时，我也从分析师对公司每股收益增长的预期出发，并考虑到税率逐渐提高到25%。在我看来，在终端年将营业利润率逐步提高到8%是一个非常现实的情况。</blockquote></p><p>Here is the calculation of the Weighted Average Cost of Capital:</p><p><blockquote>以下是加权平均资本成本的计算：</blockquote></p><p><img src=\"https://static.tigerbbs.com/759163398701e54efd7cfabd11a0867d\" tg-width=\"480\" tg-height=\"374\" referrerpolicy=\"no-referrer\"><i>Source: Author</i></p><p><blockquote><i>来源：作者</i></blockquote></p><p>Some explanations:</p><p><blockquote>一些解释：</blockquote></p><p><ul><li>In order to calculate the market rate of return, I used values of equityriskpremium (4.72%) and the current yield of UST10 as a risk-free rate (1.6%).</li><li>I used the currentvalueof the three-year beta coefficient (0.92). For the terminal year, I used Beta equal to 1.</li><li>To calculate the Cost of Debt, I used the interest expense for 2019 and 2020 divided by the debt value for the same years.</li></ul>Here is the model itself:</p><p><blockquote><ul><li>为了计算市场回报率，我使用了equityriskpremium（4.72%）和UST10的当前收益率作为无风险利率（1.6%）。</li><li>我使用了三年贝塔系数的当前值（0.92）。在最后一年，我使用Beta等于1。</li><li>为了计算债务成本，我使用2019年和2020年的利息支出除以同年的债务价值。</li></ul>以下是模型本身：</blockquote></p><p><img src=\"https://static.tigerbbs.com/0df02bca01b3ef74d3b640d95eb00590\" tg-width=\"640\" tg-height=\"528\" referrerpolicy=\"no-referrer\">(In high resolution)</p><p><blockquote>（高分辨率）</blockquote></p><p><i>Source: Author</i></p><p><blockquote><i>来源：作者</i></blockquote></p><p><i>The DCF-based target price of Amazon's shares is $4,280, offering 29% upside.</i></p><p><blockquote><i>亚马逊股票基于DCF的目标价为4,280美元，上涨空间为29%。</i></blockquote></p><p>Final thoughts</p><p><blockquote>最后的想法</blockquote></p><p><ol><li>Amazon is one of the companies whose growth has not yet reached its limit and not even entered the plateau phase. In a sense, this is a startup with $73 billion cash.</li><li>The fact that Amazon remains in the acceleration phase does not mean that its capitalization is constantly undervalued. But in this case, based on the patterns between the company's capitalization and the parameters of its revenue, we can conclude that the company is<b>undervalued</b>.</li><li>Comparing Amazon to other companies through the prism of expected EPS growth, it must be admitted that the company is<b>much cheaper</b>than the market.</li><li>DCF model based on average expectations analysts indicate a 30% undervaluation. At the start of the year, a similarmodelindicated a 20% undervaluation.</li><li>When you look at Amazon's revenue forecast for the next decade, you realize that the company will face growth problems. But in my opinion,<i>it is better to invest in a company facing growth problems than aging problems</i>.</li></ol></p><p><blockquote><ol><li>亚马逊是增长尚未达到极限，甚至还没有进入平台期的公司之一。从某种意义上说，这是一家拥有730亿美元现金的初创公司。</li><li>亚马逊仍处于加速阶段的事实并不意味着其市值不断被低估。但在这种情况下，根据公司的资本化和收入参数之间的模式，我们可以得出结论，公司是<b>被低估</b>.</li><li>通过预期每股收益增长的棱镜将亚马逊与其他公司进行比较，必须承认该公司是<b>便宜多了</b>比市场。</li><li>基于平均预期的DCF模型分析师表示低估了30%。今年年初，类似的模型显示估值被低估了20%。</li><li>当你看亚马逊未来十年的收入预测时，你会意识到该公司将面临增长问题。但在我看来，<i>投资一家面临增长问题的公司比投资老龄化问题的公司更好</i>.</li></ol></blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://seekingalpha.com/article/4424794-amazon-clearly-undervalued-company\">Seeking alpha</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AMZN":"亚马逊"},"source_url":"https://seekingalpha.com/article/4424794-amazon-clearly-undervalued-company","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1157328258","content_text":"SummaryAmazon is one of the companies whose growth has not yet reached its limit and not even entered the plateau phase.In terms of comparative valuation, AMZN is undervalued against the market.DCF-based Amazon stock price target suggests 30% upside potential. But I think this is not even a basic scenario, but a pessimistic scenario.I present my comprehensive Amazon (AMZN) analysis in light of the results of the last quarter.#1 Price vs. GrowthFirst of all, let's assess whether we can statistically state that Amazon's growth has accelerated or slowed down in the last quarter. To do this, let's compare the revenue growth trends of the key segments of the company with and without the results of the last four quarters.The dynamics of the 'Online Stores' segment showed a qualitative breakthrough. Without taking into account the last four quarters, a near-linear trend was observed here. Now, it has become exponential:Source: VisualizedAnalytics.comThe 'Third-Party Seller Services' segment - the exponential growth continues:Source: VisualizedAnalytics.comThe 'Subscription Services' (Amazon Prime) segment - here the acceleration remains, and the result of the last quarter was better than the trend:Source: VisualizedAnalytics.comThe 'Other' (advertising services) segment has also showed a significant acceleration:Source: VisualizedAnalytics.comThe growth trend of 'Amazon Web Services' has slowed down, but judging by the results of the last quarter, there is a gradual return to the previous trend:Source: VisualizedAnalytics.comGeographically, Amazon's revenue was also significantly better than the trend:Source: VisualizedAnalytics.comSo, statistically, not subjectively, we should recognize the acceleration of the company's growthin all key segments. In my opinion, this is exactly what is expected from Amazon.Further. Over the last 10 years, Amazon's capitalization has been in a qualitative linear relationship with its revenue:Source: VisualizedAnalytics.comThere is also a certain influence of the company's revenue growth rate on its multiples:Source: VisualizedAnalytics.comBased on these two relationships and taking into account the influence of the growth of theM2 money stockin the US, it is possible to build another model that allows us to determine the balanced level of the company's capitalization. In addition, this model allows to model the growth of the company's capitalization based on the current expectations of analysts regarding the company's revenue growth in the next four quarters. Here is this model:Source: VisualizedAnalytics.comAs you can see, firstly, this model indicates that the company's current price is alreadybelow the balanced level. And secondly, it assumes a25% growthin capitalization in the next four quarters.#2 Comparative ValuationIn the previous block, I modeled Amazon's balanced price based on revenue. What is remarkable is that if we apply the same approach to the comparative valuation of the company using multiples, we will fail. At least I have not been able to find a single revenue-based multiple that would make it possible to successfully compare Amazon to other companies. But the forward P/E (next FY) multiple adjusted by the expected EPS annual growth rate made it possible to find a suitable model:Source: VisualizedAnalytics.comAs you can see, judging by this multiple, Amazon is significantly undervalued.#3 Discounted Cash Flow ModelWhen predicting Amazon's revenue for the next decade, I proceeded from the average expectations ofanalysts:Source: Seeking Alpha ProWhen predicting the dynamics of Amazon's operating margin, I also proceeded from analysts'expectationsregarding the growth of the company's EPS, and taking into account the gradual increase in the tax rate to 25%. In my opinion, a gradual increase in the operating margin to 8% in the terminal year is a very realistic scenario.Here is the calculation of the Weighted Average Cost of Capital:Source: AuthorSome explanations:In order to calculate the market rate of return, I used values of equityriskpremium (4.72%) and the current yield of UST10 as a risk-free rate (1.6%).I used the currentvalueof the three-year beta coefficient (0.92). For the terminal year, I used Beta equal to 1.To calculate the Cost of Debt, I used the interest expense for 2019 and 2020 divided by the debt value for the same years.Here is the model itself:(In high resolution)Source: AuthorThe DCF-based target price of Amazon's shares is $4,280, offering 29% upside.Final thoughtsAmazon is one of the companies whose growth has not yet reached its limit and not even entered the plateau phase. In a sense, this is a startup with $73 billion cash.The fact that Amazon remains in the acceleration phase does not mean that its capitalization is constantly undervalued. But in this case, based on the patterns between the company's capitalization and the parameters of its revenue, we can conclude that the company isundervalued.Comparing Amazon to other companies through the prism of expected EPS growth, it must be admitted that the company ismuch cheaperthan the market.DCF model based on average expectations analysts indicate a 30% undervaluation. At the start of the year, a similarmodelindicated a 20% undervaluation.When you look at Amazon's revenue forecast for the next decade, you realize that the company will face growth problems. But in my opinion,it is better to invest in a company facing growth problems than aging problems.","news_type":1,"symbols_score_info":{"AMZN":0.9}},"isVote":1,"tweetType":1,"viewCount":500,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":372489594,"gmtCreate":1619233761018,"gmtModify":1634287556939,"author":{"id":"3581993780373716","authorId":"3581993780373716","name":"cjng85","avatar":"https://static.tigerbbs.com/9680da849278b62caf21a1e6d7840391","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581993780373716","authorIdStr":"3581993780373716"},"themes":[],"htmlText":"Good","listText":"Good","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/372489594","repostId":"1166519043","repostType":4,"isVote":1,"tweetType":1,"viewCount":474,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":106246566,"gmtCreate":1620128342755,"gmtModify":1634207618484,"author":{"id":"3581993780373716","authorId":"3581993780373716","name":"cjng85","avatar":"https://static.tigerbbs.com/9680da849278b62caf21a1e6d7840391","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581993780373716","authorIdStr":"3581993780373716"},"themes":[],"htmlText":"Good","listText":"Good","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/106246566","repostId":"1167630680","repostType":4,"isVote":1,"tweetType":1,"viewCount":604,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":101469685,"gmtCreate":1619932334747,"gmtModify":1634209012550,"author":{"id":"3581993780373716","authorId":"3581993780373716","name":"cjng85","avatar":"https://static.tigerbbs.com/9680da849278b62caf21a1e6d7840391","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581993780373716","authorIdStr":"3581993780373716"},"themes":[],"htmlText":"Good","listText":"Good","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/101469685","repostId":"1142063705","repostType":4,"isVote":1,"tweetType":1,"viewCount":1195,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":378902593,"gmtCreate":1618987040312,"gmtModify":1634289392421,"author":{"id":"3581993780373716","authorId":"3581993780373716","name":"cjng85","avatar":"https://static.tigerbbs.com/9680da849278b62caf21a1e6d7840391","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581993780373716","authorIdStr":"3581993780373716"},"themes":[],"htmlText":"Good","listText":"Good","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/378902593","repostId":"1193736432","repostType":4,"isVote":1,"tweetType":1,"viewCount":507,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":132676959,"gmtCreate":1622088467571,"gmtModify":1634183942845,"author":{"id":"3581993780373716","authorId":"3581993780373716","name":"cjng85","avatar":"https://static.tigerbbs.com/9680da849278b62caf21a1e6d7840391","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581993780373716","authorIdStr":"3581993780373716"},"themes":[],"htmlText":"Good","listText":"Good","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/132676959","repostId":"1181132170","repostType":4,"repost":{"id":"1181132170","kind":"news","weMediaInfo":{"introduction":"Stock Market Quotes, Business News, Financial News, Trading Ideas, and Stock Research by Professionals","home_visible":0,"media_name":"Benzinga","id":"1052270027","head_image":"https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa"},"pubTimestamp":1622082916,"share":"https://www.laohu8.com/m/news/1181132170?lang=zh_CN&edition=full","pubTime":"2021-05-27 10:35","market":"us","language":"en","title":"What's Going On With BlackBerry Stock?<blockquote>黑莓股票怎么了？</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1181132170","media":"Benzinga","summary":"Shares of BlackBerry Limited BB 10.01%rose about 10% in the regular trading session on Wednesday and","content":"<p>Shares of&nbsp;<b>BlackBerry Limited</b>&nbsp;BB 10.01%rose about 10% in the regular trading session on Wednesday and jumped&nbsp;another 6.7% in the extended trading session.</p><p><blockquote>本公司之股份<b>黑莓有限公司</b>BB 10.01%在周三常规交易时段上涨约10%，在延长交易时段又上涨6.7%。</blockquote></p><p> <b>What Happened:</b>&nbsp;BlackBerry shares spiked as the latest meme stock rally expanded beyond<b>AMC Entertainment Holdings Inc.</b>AMC 19.09%and<b>GameStop Corp.</b>GME 15.7%on Wednesday.</p><p><blockquote><b>发生了什么：</b>随着最新的模因股票涨势扩大，黑莓股价飙升<b>AMC院线控股公司。</b>AMC 19.09%和<b>游戏驿站公司。</b>GME周三上涨15.7%。</blockquote></p><p> The Canada-based company’s shares hit a high of $28.77 in late January this year amid the short squeeze, but have tanked since then. The stock’s year-to-date gains stand at 29.6%.</p><p><blockquote>这家总部位于加拿大的公司的股价在今年1月底的空头挤压中触及28.77美元的高点，但此后一直下跌。该股今年迄今的涨幅为29.6%。</blockquote></p><p> BlackBerry, once known for being the world's largest smartphone manufacturer, is now exclusively a software provider with a stated goal of end-to-end secure communication for enterprises.</p><p><blockquote>黑莓曾经以全球最大的智能手机制造商而闻名，现在是一家软件提供商，其既定目标是为企业提供端到端安全通信。</blockquote></p><p> <b>Why It Matters:</b>&nbsp;The “meme” stocks that were the focus of retail investors on Reddit earlier this year are riding another wave higher as the ‘Reddit army' continues to band together in an attempt to squeeze the stocks higher. BlackBerry has also been a favorite stock of the investors on Reddit's r/WallStreetBets forum.</p><p><blockquote><b>为什么重要：</b>随着“Reddit大军”继续联合起来试图推高股票，今年早些时候成为Reddit上散户投资者关注的“模因”股票正在经历另一波上涨。黑莓也是Reddit r/WallStreetBets论坛上投资者最喜欢的股票。</blockquote></p><p> According to data from analytics firm Ortex, short sellers lost$618 millionfollowing the rally in meme stocks GameStop and AMC Entertainment on Tuesday. Short sellers are those betting for declines in the company’s shares.</p><p><blockquote>根据分析公司Ortex的数据，周二meme股票游戏驿站和AMC院线上涨后，卖空者损失了6.18亿美元。卖空者是那些押注公司股价下跌的人。</blockquote></p><p> <b>Price Action:</b>&nbsp;BlackBerry shares closed 9.9% higher in Wednesday’s regular trading session at $9.44 and further rose almost 6.7% in the after-hours session to $10.07.</p><p><blockquote><b>价格走势：</b>黑莓股价在周三常规交易时段收盘上涨9.9%，至9.44美元，盘后交易时段进一步上涨近6.7%，至10.07美元。</blockquote></p><p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>What's Going On With BlackBerry Stock?<blockquote>黑莓股票怎么了？</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's Going On With BlackBerry Stock?<blockquote>黑莓股票怎么了？</blockquote>\n</h2>\n<h4 class=\"meta\">\n<div class=\"head\" \">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Benzinga </p>\n<p class=\"h-time smaller\">2021-05-27 10:35</p>\n</div>\n</div>\n</h4>\n</header>\n<article>\n<p>Shares of&nbsp;<b>BlackBerry Limited</b>&nbsp;BB 10.01%rose about 10% in the regular trading session on Wednesday and jumped&nbsp;another 6.7% in the extended trading session.</p><p><blockquote>本公司之股份<b>黑莓有限公司</b>BB 10.01%在周三常规交易时段上涨约10%，在延长交易时段又上涨6.7%。</blockquote></p><p> <b>What Happened:</b>&nbsp;BlackBerry shares spiked as the latest meme stock rally expanded beyond<b>AMC Entertainment Holdings Inc.</b>AMC 19.09%and<b>GameStop Corp.</b>GME 15.7%on Wednesday.</p><p><blockquote><b>发生了什么：</b>随着最新的模因股票涨势扩大，黑莓股价飙升<b>AMC院线控股公司。</b>AMC 19.09%和<b>游戏驿站公司。</b>GME周三上涨15.7%。</blockquote></p><p> The Canada-based company’s shares hit a high of $28.77 in late January this year amid the short squeeze, but have tanked since then. The stock’s year-to-date gains stand at 29.6%.</p><p><blockquote>这家总部位于加拿大的公司的股价在今年1月底的空头挤压中触及28.77美元的高点，但此后一直下跌。该股今年迄今的涨幅为29.6%。</blockquote></p><p> BlackBerry, once known for being the world's largest smartphone manufacturer, is now exclusively a software provider with a stated goal of end-to-end secure communication for enterprises.</p><p><blockquote>黑莓曾经以全球最大的智能手机制造商而闻名，现在是一家软件提供商，其既定目标是为企业提供端到端安全通信。</blockquote></p><p> <b>Why It Matters:</b>&nbsp;The “meme” stocks that were the focus of retail investors on Reddit earlier this year are riding another wave higher as the ‘Reddit army' continues to band together in an attempt to squeeze the stocks higher. BlackBerry has also been a favorite stock of the investors on Reddit's r/WallStreetBets forum.</p><p><blockquote><b>为什么重要：</b>随着“Reddit大军”继续联合起来试图推高股票，今年早些时候成为Reddit上散户投资者关注的“模因”股票正在经历另一波上涨。黑莓也是Reddit r/WallStreetBets论坛上投资者最喜欢的股票。</blockquote></p><p> According to data from analytics firm Ortex, short sellers lost$618 millionfollowing the rally in meme stocks GameStop and AMC Entertainment on Tuesday. Short sellers are those betting for declines in the company’s shares.</p><p><blockquote>根据分析公司Ortex的数据，周二meme股票游戏驿站和AMC院线上涨后，卖空者损失了6.18亿美元。卖空者是那些押注公司股价下跌的人。</blockquote></p><p> <b>Price Action:</b>&nbsp;BlackBerry shares closed 9.9% higher in Wednesday’s regular trading session at $9.44 and further rose almost 6.7% in the after-hours session to $10.07.</p><p><blockquote><b>价格走势：</b>黑莓股价在周三常规交易时段收盘上涨9.9%，至9.44美元，盘后交易时段进一步上涨近6.7%，至10.07美元。</blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BB":"黑莓"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1181132170","content_text":"Shares of BlackBerry Limited BB 10.01%rose about 10% in the regular trading session on Wednesday and jumped another 6.7% in the extended trading session.\nWhat Happened: BlackBerry shares spiked as the latest meme stock rally expanded beyondAMC Entertainment Holdings Inc.AMC 19.09%andGameStop Corp.GME 15.7%on Wednesday.\nThe Canada-based company’s shares hit a high of $28.77 in late January this year amid the short squeeze, but have tanked since then. The stock’s year-to-date gains stand at 29.6%.\nBlackBerry, once known for being the world's largest smartphone manufacturer, is now exclusively a software provider with a stated goal of end-to-end secure communication for enterprises.\nWhy It Matters: The “meme” stocks that were the focus of retail investors on Reddit earlier this year are riding another wave higher as the ‘Reddit army' continues to band together in an attempt to squeeze the stocks higher. BlackBerry has also been a favorite stock of the investors on Reddit's r/WallStreetBets forum.\nAccording to data from analytics firm Ortex, short sellers lost$618 millionfollowing the rally in meme stocks GameStop and AMC Entertainment on Tuesday. Short sellers are those betting for declines in the company’s shares.\nPrice Action: BlackBerry shares closed 9.9% higher in Wednesday’s regular trading session at $9.44 and further rose almost 6.7% in the after-hours session to $10.07.","news_type":1,"symbols_score_info":{"BB":0.9}},"isVote":1,"tweetType":1,"viewCount":612,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}