Greenbull18的个人主页 - 老虎社区

Greenbull18

Greenbull18

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2021-07-01

Wow

S&P 500 notches fifth straight record closing high, fifth straight quarterly gain<blockquote>标普500连续第五次创下收盘新高，连续第五个季度上涨</blockquote>

2021-06-23

Woooo

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2021-08-15

Cool

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2021-07-18

[Miser]

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2021-08-07

[Miser]

抱歉，原内容已删除

2021-07-06

[Miser]

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2021-07-05

Baba

Best E-Commerce Stocks To Buy In July 2021? 4 Names In Focus<blockquote>2021年7月最值得购买的电子商务股票？4个名字成为焦点</blockquote>

2021-07-02

To the moon

Micron, Nvidia, AMD, TSMC, Or Intel? One Semiconductor Stock Emerged As Clear Winner In 2021 First-Half Gains<blockquote>美光、英伟达、AMD、台积电还是英特尔？一只半导体股票成为2021年上半年涨幅的明显赢家</blockquote>

2021-06-13

Cool

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2021-07-29

[Happy]

抱歉，原内容已删除

2021-07-16

Wow

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2021-07-10

[Happy]

5 Things to Know About Virgin Galactic and the First Passenger Flight to Space<blockquote>关于维珍银河和首次客运太空飞行需要了解的5件事</blockquote>

2021-06-24

Go go go!

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2021-06-20

Wow!!!!

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2021-08-23

[Happy]

抱歉，原内容已删除

2021-08-17

Cool

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2021-08-11

Cool

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2021-08-04

[Miser]

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2021-07-31

[Smile]

Antitrust Activists Want to Go Full Throttle. Here’s a Lesson They Should Consider First<blockquote>反垄断活动人士希望全力以赴。这是他们应该首先考虑的一个教训</blockquote>

2021-07-26

[Smile]

American Express is the Dow's top stock for 2021. Here's why<blockquote>美国运通是2021年道琼斯指数涨幅最高的股票。原因如下</blockquote>

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Each player has 30 seconds to catch falling candies while av","images":[],"top":1,"highlighted":2,"essential":1,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/850756569","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":2221,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":834472716,"gmtCreate":1629824587335,"gmtModify":1633682171583,"author":{"id":"3582021842674964","authorId":"3582021842674964","name":"Greenbull18","avatar":"https://static.tigerbbs.com/576bc95bff9dffadad04639941613d8e","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3582021842674964","idStr":"3582021842674964"},"themes":[],"htmlText":"[Miser]&nbsp;","listText":"[Miser]&nbsp;","text":"[Miser]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/834472716","repostId":"1129205176","repostType":4,"repost":{"id":"1129205176","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":1629812035,"share":"https://www.laohu8.com/m/news/1129205176?lang=zh_CN&edition=full","pubTime":"2021-08-24 21:33","market":"us","language":"en","title":"Stocks open slightly higher with the Nasdaq jumping to a record<blockquote>纳斯达克创历史新高，股市小幅高开</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1129205176","media":"Tiger Newspress","summary":"Stocks edged higher Tuesday morning following a broad-based rally on news that U.S. regulators grant","content":"<p>Stocks edged higher Tuesday morning following a broad-based rally on news that U.S. regulators granted full approval for Pfizer-BioNTech’s Covid vaccine.</p><p><blockquote>美国监管机构全面批准辉瑞BioNTech的新冠疫苗的消息传出后，股市普遍上涨，周二上午小幅走高。</blockquote></p><p> The Dow Jones Industrial Average rose 69 points. The S&amp;P 500 and Nasdaq Composite added 0.7% and 0.28%, respectively.</p><p><blockquote>道琼斯工业平均指数上涨69点。标普500和纳斯达克综合指数分别上涨0.7%和0.28%。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/83b79f69ce17bc1186a0c018fb756703\" tg-width=\"1040\" tg-height=\"434\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p> The market started the week on a high note as shares sensitive to an economic recovery jumped on optimism that&nbsp;the vaccine approval&nbsp;would clear path for more mandates in the face of the spread of the delta variant.</p><p><blockquote>市场本周开局走高，对经济复苏敏感的股票上涨，因为人们乐观地认为疫苗的批准将为面对德尔塔变异毒株的蔓延而实施更多授权扫清道路。</blockquote></p><p> \"Considering the recent spike in cases and some of the disappointing economic data, this is another step in the right direction, and it helps give confidence to those who might still be holding out on getting the vaccine,\" said Ryan Detrick, chief market strategist at LPL Financial.</p><p><blockquote>首席市场官瑞安·德特里克(Ryan Detrick)表示：“考虑到最近病例激增和一些令人失望的经济数据，这是朝着正确方向迈出的又一步，它有助于增强那些可能仍在坚持接种疫苗的人的信心。”LPL金融策略师。</blockquote></p><p> Chinese stocks are leading the Nasdaq as investors have been getting more clarity on China's regulatory outlook and buying shares of names that have taken a beating lately. Pinduoduo jumped 16% while JD.com rose 10% and Didi climbed 8.5%.</p><p><blockquote>随着投资者对中国监管前景更加清晰，并购买最近遭受重创的股票，中国股市领涨纳斯达克。拼多多上涨16%，京东上涨10%，滴滴上涨8.5%。</blockquote></p><p> Best Buy shares rose 6% after the electronics retailer&nbsp;beat estimates on the top and bottom lines&nbsp;for the second quarter. Nordstrom is set to report after the close.</p><p><blockquote>电子产品零售商百思买第二季度的营收和利润超出预期，该公司股价上涨6%。诺德斯特龙将于收盘后发布报告。</blockquote></p><p> The S&amp;P 500 closed Monday's session 0.8% higher after touching an intraday record high. The tech-heavy Nasdaq Composite rose about 1.5% to hit a record closing high. The Dow Jones Industrial Average gained more than 200 points on Monday.</p><p><blockquote>标普500周一收盘上涨0.8%，此前触及盘中历史新高。以科技股为主的纳斯达克综合指数上涨约1.5%，创下收盘历史新高。道琼斯工业平均指数周一上涨超过200点。</blockquote></p><p> Investor are eyeing the Jackson Hole&nbsp;symposium later this week, which is expected to be a market-moving event where central bankers could detail their plans for tapering monetary stimulus. The Federal Reserve has started discussions to pull back its $120 billion a month bond-buying program by the end of this year.</p><p><blockquote>投资者正在关注本周晚些时候的杰克逊霍尔研讨会，预计这将是一次影响市场的活动，各国央行行长可能会在会上详细介绍他们缩减货币刺激的计划。美联储已经开始讨论在今年年底前撤回每月1200亿美元的债券购买计划。</blockquote></p><p> The summit takes place virtually on Thursday and Fed Chairman Jerome Powell will give a speech on Friday.</p><p><blockquote>峰会实际上将于周四举行，美联储主席杰罗姆·鲍威尔将于周五发表讲话。</blockquote></p><p> “The Fed may make a taper announcement in September or November, but it will probably be a slow taper with no commitment over interest rate hikes.” said Edward Moya, senior market analyst at Oanda.</p><p><blockquote>“美联储可能会在9月或11月宣布taper，但很可能是缓慢的taper，不会承诺加息。”Oanda高级市场分析师Edward Moya表示。</blockquote></p><p> The second-quarter earnings season is winding down with more than 90% S&amp;P 500 companies having reported results. S&amp;P 500 is poised to grow its earnings by 94.7% year over year, according to Refinitiv.</p><p><blockquote>第二季度财报季即将结束，超过90%的标普500公司已经公布了业绩。据Refinitiv称，标普500的盈利预计将同比增长94.7%。</blockquote></p><p> There is little in the way of economic data before the bell, but investors will get a look at residential home sales at 10 am ET as well as the Richmond Fed’s business activity survey.</p><p><blockquote>盘前几乎没有经济数据，但投资者将看到美国东部时间上午10点的住宅销售以及里士满联储的商业活动调查。</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>Stocks open slightly higher with the Nasdaq jumping to a record<blockquote>纳斯达克创历史新高，股市小幅高开</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\">\nStocks open slightly higher with the Nasdaq jumping to a record<blockquote>纳斯达克创历史新高，股市小幅高开</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\">2021-08-24 21:33</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>Stocks edged higher Tuesday morning following a broad-based rally on news that U.S. regulators granted full approval for Pfizer-BioNTech’s Covid vaccine.</p><p><blockquote>美国监管机构全面批准辉瑞BioNTech的新冠疫苗的消息传出后，股市普遍上涨，周二上午小幅走高。</blockquote></p><p> The Dow Jones Industrial Average rose 69 points. The S&amp;P 500 and Nasdaq Composite added 0.7% and 0.28%, respectively.</p><p><blockquote>道琼斯工业平均指数上涨69点。标普500和纳斯达克综合指数分别上涨0.7%和0.28%。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/83b79f69ce17bc1186a0c018fb756703\" tg-width=\"1040\" tg-height=\"434\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p> The market started the week on a high note as shares sensitive to an economic recovery jumped on optimism that&nbsp;the vaccine approval&nbsp;would clear path for more mandates in the face of the spread of the delta variant.</p><p><blockquote>市场本周开局走高，对经济复苏敏感的股票上涨，因为人们乐观地认为疫苗的批准将为面对德尔塔变异毒株的蔓延而实施更多授权扫清道路。</blockquote></p><p> \"Considering the recent spike in cases and some of the disappointing economic data, this is another step in the right direction, and it helps give confidence to those who might still be holding out on getting the vaccine,\" said Ryan Detrick, chief market strategist at LPL Financial.</p><p><blockquote>首席市场官瑞安·德特里克(Ryan Detrick)表示：“考虑到最近病例激增和一些令人失望的经济数据，这是朝着正确方向迈出的又一步，它有助于增强那些可能仍在坚持接种疫苗的人的信心。”LPL金融策略师。</blockquote></p><p> Chinese stocks are leading the Nasdaq as investors have been getting more clarity on China's regulatory outlook and buying shares of names that have taken a beating lately. Pinduoduo jumped 16% while JD.com rose 10% and Didi climbed 8.5%.</p><p><blockquote>随着投资者对中国监管前景更加清晰，并购买最近遭受重创的股票，中国股市领涨纳斯达克。拼多多上涨16%，京东上涨10%，滴滴上涨8.5%。</blockquote></p><p> Best Buy shares rose 6% after the electronics retailer&nbsp;beat estimates on the top and bottom lines&nbsp;for the second quarter. Nordstrom is set to report after the close.</p><p><blockquote>电子产品零售商百思买第二季度的营收和利润超出预期，该公司股价上涨6%。诺德斯特龙将于收盘后发布报告。</blockquote></p><p> The S&amp;P 500 closed Monday's session 0.8% higher after touching an intraday record high. The tech-heavy Nasdaq Composite rose about 1.5% to hit a record closing high. The Dow Jones Industrial Average gained more than 200 points on Monday.</p><p><blockquote>标普500周一收盘上涨0.8%，此前触及盘中历史新高。以科技股为主的纳斯达克综合指数上涨约1.5%，创下收盘历史新高。道琼斯工业平均指数周一上涨超过200点。</blockquote></p><p> Investor are eyeing the Jackson Hole&nbsp;symposium later this week, which is expected to be a market-moving event where central bankers could detail their plans for tapering monetary stimulus. The Federal Reserve has started discussions to pull back its $120 billion a month bond-buying program by the end of this year.</p><p><blockquote>投资者正在关注本周晚些时候的杰克逊霍尔研讨会，预计这将是一次影响市场的活动，各国央行行长可能会在会上详细介绍他们缩减货币刺激的计划。美联储已经开始讨论在今年年底前撤回每月1200亿美元的债券购买计划。</blockquote></p><p> The summit takes place virtually on Thursday and Fed Chairman Jerome Powell will give a speech on Friday.</p><p><blockquote>峰会实际上将于周四举行，美联储主席杰罗姆·鲍威尔将于周五发表讲话。</blockquote></p><p> “The Fed may make a taper announcement in September or November, but it will probably be a slow taper with no commitment over interest rate hikes.” said Edward Moya, senior market analyst at Oanda.</p><p><blockquote>“美联储可能会在9月或11月宣布taper，但很可能是缓慢的taper，不会承诺加息。”Oanda高级市场分析师Edward Moya表示。</blockquote></p><p> The second-quarter earnings season is winding down with more than 90% S&amp;P 500 companies having reported results. S&amp;P 500 is poised to grow its earnings by 94.7% year over year, according to Refinitiv.</p><p><blockquote>第二季度财报季即将结束，超过90%的标普500公司已经公布了业绩。据Refinitiv称，标普500的盈利预计将同比增长94.7%。</blockquote></p><p> There is little in the way of economic data before the bell, but investors will get a look at residential home sales at 10 am ET as well as the Richmond Fed’s business activity survey.</p><p><blockquote>盘前几乎没有经济数据，但投资者将看到美国东部时间上午10点的住宅销售以及里士满联储的商业活动调查。</blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index",".DJI":"道琼斯",".IXIC":"NASDAQ Composite"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1129205176","content_text":"Stocks edged higher Tuesday morning following a broad-based rally on news that U.S. regulators granted full approval for Pfizer-BioNTech’s Covid vaccine.\nThe Dow Jones Industrial Average rose 69 points. The S&P 500 and Nasdaq Composite added 0.7% and 0.28%, respectively.\n\nThe market started the week on a high note as shares sensitive to an economic recovery jumped on optimism that the vaccine approval would clear path for more mandates in the face of the spread of the delta variant.\n\"Considering the recent spike in cases and some of the disappointing economic data, this is another step in the right direction, and it helps give confidence to those who might still be holding out on getting the vaccine,\" said Ryan Detrick, chief market strategist at LPL Financial.\nChinese stocks are leading the Nasdaq as investors have been getting more clarity on China's regulatory outlook and buying shares of names that have taken a beating lately. Pinduoduo jumped 16% while JD.com rose 10% and Didi climbed 8.5%.\nBest Buy shares rose 6% after the electronics retailer beat estimates on the top and bottom lines for the second quarter. Nordstrom is set to report after the close.\nThe S&P 500 closed Monday's session 0.8% higher after touching an intraday record high. The tech-heavy Nasdaq Composite rose about 1.5% to hit a record closing high. The Dow Jones Industrial Average gained more than 200 points on Monday.\nInvestor are eyeing the Jackson Hole symposium later this week, which is expected to be a market-moving event where central bankers could detail their plans for tapering monetary stimulus. The Federal Reserve has started discussions to pull back its $120 billion a month bond-buying program by the end of this year.\nThe summit takes place virtually on Thursday and Fed Chairman Jerome Powell will give a speech on Friday.\n“The Fed may make a taper announcement in September or November, but it will probably be a slow taper with no commitment over interest rate hikes.” said Edward Moya, senior market analyst at Oanda.\nThe second-quarter earnings season is winding down with more than 90% S&P 500 companies having reported results. S&P 500 is poised to grow its earnings by 94.7% year over year, according to Refinitiv.\nThere is little in the way of economic data before the bell, but investors will get a look at residential home sales at 10 am ET as well as the Richmond Fed’s business activity survey.","news_type":1,"symbols_score_info":{".SPX":0.9,".IXIC":0.9,".DJI":0.9}},"isVote":1,"tweetType":1,"viewCount":2792,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":835686545,"gmtCreate":1629711387487,"gmtModify":1633683022749,"author":{"id":"3582021842674964","authorId":"3582021842674964","name":"Greenbull18","avatar":"https://static.tigerbbs.com/576bc95bff9dffadad04639941613d8e","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3582021842674964","idStr":"3582021842674964"},"themes":[],"htmlText":"[Happy]&nbsp;","listText":"[Happy]&nbsp;","text":"[Happy]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/835686545","repostId":"1130983476","repostType":4,"isVote":1,"tweetType":1,"viewCount":3759,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":833486337,"gmtCreate":1629255478929,"gmtModify":1633686176671,"author":{"id":"3582021842674964","authorId":"3582021842674964","name":"Greenbull18","avatar":"https://static.tigerbbs.com/576bc95bff9dffadad04639941613d8e","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3582021842674964","idStr":"3582021842674964"},"themes":[],"htmlText":"[Smile]&nbsp;","listText":"[Smile]&nbsp;","text":"[Smile]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/833486337","repostId":"1114320591","repostType":4,"repost":{"id":"1114320591","kind":"news","pubTimestamp":1629255336,"share":"https://www.laohu8.com/m/news/1114320591?lang=zh_CN&edition=full","pubTime":"2021-08-18 10:55","market":"us","language":"en","title":"3 Stocks I'm Never Selling<blockquote>我永远不会出售的3只股票</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1114320591","media":"Motley Fool","summary":"The best investors in the world swear by holding high-quality companies for decades on end. These stocks fit that bill.","content":"<p><b>Key Points</b></p><p><blockquote><b>要点</b></blockquote></p><p> <ul>  <li>Time plus patience adds up to wealth-building results in the stock market.</li>  <li>These three business titans are leaders in their fields.</li>  <li>They are also built to last for a very long time.</li> </ul> </p><p><blockquote><ul><li>时间加上耐心，就能在股市中积累财富。</li><li>这三个商业巨头都是各自领域的领导者。</li><li>它们也可以持续很长时间。</li></ul></blockquote></p><p> I'm about to show you my favorite stocks. Sometimes I invest with an eye to strong returns over the next few years. These are the ones that I expect to keep beating the market for the years and decades to come. It will take a lot to pry them out of my portfolio.</p><p><blockquote>我即将向您展示我最喜欢的股票。有时我投资时着眼于未来几年的丰厚回报。我预计这些产品将在未来几年甚至几十年内继续跑赢市场。要把它们从我的投资组合中撬出来需要很大的努力。</blockquote></p><p> Let me show you why I intend to hold&nbsp;<b>Netflix</b>(NASDAQ:NFLX),<b>Alphabet</b>(NASDAQ:GOOG)(NASDAQ:GOOGL), and&nbsp;<b>Walt Disney</b>(NYSE:DIS)for the long haul. These stocks may not be slam-dunk forever holdings for every investor, but you should absolutely take a close look at these top-notch investments.</p><p><blockquote>让我告诉你为什么我打算持有<b>Netflix</b>（纳斯达克：NFLX），<b>Alphabet</b>（纳斯达克：GOOG）（纳斯达克：GOOGL），以及<b>迪斯尼</b>（纽约证券交易所股票代码：DIS）长期来看。这些股票可能不是每个投资者都能永远持有的股票，但你绝对应该仔细看看这些顶级投资。</blockquote></p><p> <b>1. Netflix</b></p><p><blockquote><b>1.奈飞</b></blockquote></p><p> First, you knew Netflix as the sender of red mail-order DVD rentals. The company introduced digital video streams as a free add-on for DVD customers in&nbsp;2007, then separated the streaming business into a separate subscription service in 2011. The Qwikster event was a big marketing mess and could certainly have been handled better, but it was absolutely the right idea in the long run.</p><p><blockquote>首先，你知道网飞是红色邮购DVD租赁的发送者。该公司于2007年将数字视频流作为DVD客户的免费附加服务推出，然后于2011年将流媒体业务分离为单独的订阅服务。Qwikster事件是一个巨大的营销混乱，当然可以处理得更好，但从长远来看，这绝对是正确的想法。</blockquote></p><p> Going all-in on the all-digital streaming service allowed Netflix to roll out its paid subscription plans on a global scale, supplemented by an ambitious focus on original content. The subscriber count has skyrocketed from 26 million in the summer of 2011 to 209 million today. That fantastic trend has worked wonders for the company's top and bottom lines:</p><p><blockquote>全力投入全数字流媒体服务使Netflix能够在全球范围内推出付费订阅计划，并辅以对原创内容的雄心勃勃的关注。用户数量从2011年夏天的2600万飙升至今天的2.09亿。这种奇妙的趋势为公司的营收和利润创造了奇迹：</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/646be4c2a73d68810e962c19efe82476\" tg-width=\"720\" tg-height=\"449\" referrerpolicy=\"no-referrer\"><span>NFLX REVENUE (TTM) DATA BY YCHARTS.</span></p><p><blockquote><p class=\"t-img-caption\"><span>YCHARTS提供的NFLX收入(TTM)数据。</span></p></blockquote></p><p> Netflix saw an opportunity to lead the charge into a brand-new market, with low infrastructure costs compared to the DVD-mailing business and buckets of worldwide growth potential. So the DVD business that had come to dominate the video rental sector in America was unceremoniously tossed aside in favor of better ideas.</p><p><blockquote>Netflix看到了引领收费进入一个全新市场的机会，与DVD邮寄业务相比，该市场的基础设施成本较低，并且具有巨大的全球增长潜力。因此，在美国视频租赁行业占据主导地位的DVD业务被毫不客气地抛到了一边，取而代之的是更好的想法。</blockquote></p><p> These days, Netflix is an award-winning content producer with an unmatched distribution network in every market that matters (except forChina, where the company must operate through local partnerships). The stock has delivered a 2,240% return since the Qwikster event, which works out to a compound annual growth rate (CAGR) of 35.8%.</p><p><blockquote>如今，网飞是一家屡获殊荣的内容生产商，在每个重要市场都拥有无与伦比的分销网络（中国除外，该公司必须通过当地合作伙伴运营）。自Qwikster事件以来，该股的回报率为2,240%，复合年增长率(CAGR)为35.8%。</blockquote></p><p> <b>2. Alphabet</b></p><p><blockquote><b>2.Alphabet</b></blockquote></p><p> Alphabet is the parent company of online services giant Google. What started as a student project at Stanford quickly evolved into the world's leading online search tool. Paired with the moneymaking muscle of Google's digital advertising tools, the company generated strong cash flows early on. The cash profits were reinvested in more business ideas. Google eventually built or bought services with matchless market shares in important sectors such as web browsers, online video, email, and smartphone software.</p><p><blockquote>Alphabet是在线服务巨头谷歌的母公司。最初是斯坦福大学的一个学生项目，很快发展成为世界领先的在线搜索工具。再加上谷歌数字广告工具的赚钱能力，该公司在早期就产生了强劲的现金流。现金利润被再投资于更多的商业想法。谷歌最终在网络浏览器、在线视频、电子邮件和智能手机软件等重要领域建立或购买了拥有无与伦比市场份额的服务。</blockquote></p><p> By 2015, co-founders Sergey Brin and Larry Page had concluded that Google's meat-and-potatoes search and advertising businesses eventually had to fade away, overtaken by mobile alternatives and other innovations. So the company made some big changes. Google hired CFO Ruth Porat, a banking executive with decades of experience in large-scale corporate finance. Later the same year, the company changed its name to Alphabet and reorganized itself into a loose conglomerate of different operations.</p><p><blockquote>到2015年，联合创始人谢尔盖·布林（Sergey Brin）和拉里·佩奇（Larry Page）得出结论，谷歌的主要搜索和广告业务最终必须逐渐消失，被移动替代品和其他创新所取代。所以公司做了一些大的改变。谷歌聘请了首席财务官露丝·波拉特(Ruth Porat)，她是一位在大型企业融资方面拥有数十年经验的银行业高管。同年晚些时候，该公司更名为Alphabet，并重组为一个由不同业务组成的松散企业集团。</blockquote></p><p> Google is still the backbone of Alphabet, accounting for 99.6% of the holding company's total sales in 2020. The non-Google operations are still losing money on a regular basis, despite some progress in the fields of self-driving vehicles and fiber-optic internet connections. At the same time, the company is preparing for an uncertain future by developing a plethora of online and offline business projects with massive long-term growth prospects and equally large development risks.</p><p><blockquote>谷歌仍是Alphabet的中坚力量，2020年占控股公司总销售额的99.6%。尽管在自动驾驶汽车和光纤互联网连接领域取得了一些进展，但非谷歌业务仍在定期亏损。与此同时，该公司正在为不确定的未来做准备，开发大量具有巨大长期增长前景和同样大的发展风险的线上和线下业务项目。</blockquote></p><p> If the self-driving cars don't work out in the long run, Alphabet might find a cash machine in medical research or novel wind energy generators. We may never even have heard of the next big winner in Alphabet's sprawling portfolio. If and when Alphabet starts to make serious money from artificial intelligence tools or cancer drugs, most consumers probably won't think of that stuff as a Google business at all.</p><p><blockquote>如果自动驾驶汽车从长远来看行不通，Alphabet可能会在医学研究或新型风能发电机中找到提款机。我们甚至可能从未听说过Alphabet庞大投资组合中的下一个大赢家。如果Alphabet开始从人工智能工具或抗癌药物中赚大钱，大多数消费者可能根本不会认为这些东西是谷歌的业务。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/bb97b6814df65240bd8f0b4a0690e77e\" tg-width=\"720\" tg-height=\"449\" referrerpolicy=\"no-referrer\"><span>GOOGL REVENUE (TTM) DATA BY YCHARTS.</span></p><p><blockquote><p class=\"t-img-caption\"><span>YCHARTS提供的GOOGL收入(TTM)数据。</span></p></blockquote></p><p></p><p> Alphabet continues to ride its Google heritage as far as it will go, but there is no shortage of completely unrelated operations that can take over when the browser-based search and advertising business starts to falter. Until then, the traditional search business is booming and Alphabet has rewarded investors with a 912% return in 10 years. That's an annual growth rate of 23.3%.</p><p><blockquote>Alphabet将继续利用其谷歌传统，但当基于浏览器的搜索和广告业务开始动摇时，也不乏完全不相关的业务可以接管。在此之前，传统搜索业务正在蓬勃发展，Alphabet在10年内回报了投资者912%的回报。年增长率为23.3%。</blockquote></p><p> <b>3. Walt Disney</b></p><p><blockquote><b>3.华特迪士尼</b></blockquote></p><p> And then there's the near-centennial entertainment giant. The House of Mouse was founded in 1923 by two cartoon-making brothers with a vision. The company has survived a world war, several terrible recessions, 10 decades of progress in distribution and production technologies, and much more.</p><p><blockquote>然后是近百年的娱乐巨头。老鼠之家是由两个有远见的卡通制作兄弟于1923年创建的。该公司经历了一次世界大战、几次严重的经济衰退、10年来分销和生产技术的进步等等。</blockquote></p><p> The leisure and entertainment conglomerate you see today is a far cry from the original business, which was a pure-play cartoon production studio. Disney World and Disneyland are cultural touchstones. The company is a leading provider of hotel and resort services, including a cruise line. I can't think of another company that has mastered the art of monetizing its intellectual property as effectively as Disney has. And that intellectual property -- characters, fictional worlds, and storylines that most Americans know by heart -- will always be the lifeblood of Disney's business.</p><p><blockquote>你今天看到的休闲和娱乐集团与最初的业务相去甚远，最初的业务是一个纯粹的卡通制作工作室。迪士尼世界和迪士尼乐园是文化的试金石。该公司是酒店和度假村服务的领先提供商，包括邮轮公司。我想不出还有哪家公司能像迪士尼一样有效地掌握知识产权货币化的艺术。知识产权——大多数美国人烂熟于心的角色、虚构世界和故事情节——将永远是迪士尼业务的命脉。</blockquote></p><p> Times are tough right now, as the coronavirus pandemic closed down movie theaters, theme parks, resorts, and cruise ships around the world. So Disney took a good, hard look at the drastic changes in the entertainment industry and decided to put its full weight behind media-streaming platforms.</p><p><blockquote>现在的日子很艰难，因为冠状病毒大流行关闭了世界各地的电影院、主题公园、度假村和游轮。因此，迪士尼认真审视了娱乐业的剧烈变化，并决定全力支持流媒体平台。</blockquote></p><p> The company has been reorganized from the top down to support Disney's streaming platforms. The Disney+, Hulu, Hotstar, and ESPN+ streaming services are poised to challenge Netflix for the global media-streaming market, adding up to 174 million subscribers in the third quarter of 2021. Disney took on some extra debt in the darkest days of the health crisis and will most likely use some of that spare cash to accelerate its streaming operations.</p><p><blockquote>该公司已经自上而下进行了重组，以支持迪士尼的流媒体平台。Disney+、Hulu、Hotstar和ESPN+流媒体服务准备在全球媒体流媒体市场挑战网飞，2021年第三季度用户总数达到1.74亿。迪士尼在健康危机最黑暗的日子里承担了一些额外的债务，并且很可能会使用部分闲钱来加速其流媒体业务。</blockquote></p><p> The coronavirus caught Disney unprepared, but management didn't hesitate to turn on a dime. The whole behemoth is heading in a different direction now, supported by the same treasure trove of storytelling assets that took the company this far. This supremely well-managed company is also beating the market in the long run, with a 439% 10-year gain that works out to a CAGR of 13%.</p><p><blockquote>冠状病毒让迪士尼措手不及，但管理层毫不犹豫地立即采取行动。整个庞然大物现在正朝着不同的方向前进，得到了让公司走到这一步的同样的讲故事资产宝库的支持。从长远来看，这家管理极其良好的公司也跑赢了市场，10年涨幅为439%，复合年增长率为13%。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/110cd288830d0e354767349fe36259e6\" tg-width=\"2000\" tg-height=\"1333\" referrerpolicy=\"no-referrer\"><span>IMAGE SOURCE: GETTY IMAGES.</span></p><p><blockquote><p class=\"t-img-caption\"><span>图片来源：盖蒂图片社。</span></p></blockquote></p><p> <b>The common denominator</b></p><p><blockquote><b>共同点</b></blockquote></p><p> These three companies are very different, but they still have one all-important quality in common. I'm looking for flexibility in the face of good times and bad. If your company stands ready to make drastic changes to its operating plan when the business environment around it changes, you know you have an organization that will stand the test of time.</p><p><blockquote>这三家公司非常不同，但它们仍然有一个非常重要的共同点。我在寻找面对顺境和逆境的灵活性。如果你的公司准备在周围的商业环境发生变化时对其运营计划进行重大改变，你知道你有一个经得起时间考验的组织。</blockquote></p><p> Lots of&nbsp;time in the market equals wealth-building returns. That's the main lesson you can learn from the writings of Benjamin Graham and the stellar results of his star student, Warren Buffett. Building life-changing wealth does not require a couple of years of fantastic returns. All you need is generally solid gains for several decades.</p><p><blockquote>大量的市场时间等于财富积累的回报。这是你可以从本杰明·格雷厄姆的著作和他的明星学生沃伦·巴菲特的出色成绩中学到的主要教训。积累改变生活的财富并不需要几年的惊人回报。你所需要的只是几十年的稳定收益。</blockquote></p><p> For example, an annual return of 10% -- in line with&nbsp;the long-term market average-- adds up to a 673% profit over 20 years. Beating the Street by a small margin makes a big difference on this long time scale. Boost your average gains to just 11%, and you'll see 806% returns over those 20 years. Larger increases bring even greater total long-haul returns. The three stocks discussed above are set up to do better than that, and their very survival in the long run is just about guaranteed by that willingness to change when market conditions require it.</p><p><blockquote>例如，10%的年回报率（与长期市场平均水平一致）相当于20年内673%的利润。在这个漫长的时间尺度上，以微弱优势击败街道会产生很大的影响。将您的平均收益提高到11%，您将在这20年内看到806%的回报。更大的增长会带来更大的长期总回报。上面讨论的三只股票的表现比这更好，从长远来看，它们的生存几乎是由市场条件需要时做出改变的意愿来保证的。</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>3 Stocks I'm Never Selling<blockquote>我永远不会出售的3只股票</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\">\n3 Stocks I'm Never Selling<blockquote>我永远不会出售的3只股票</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Motley Fool</strong><span class=\"h-time small\">2021-08-18 10:55</span>\n</p>\n</h4>\n</header>\n<article>\n<p><b>Key Points</b></p><p><blockquote><b>要点</b></blockquote></p><p> <ul>  <li>Time plus patience adds up to wealth-building results in the stock market.</li>  <li>These three business titans are leaders in their fields.</li>  <li>They are also built to last for a very long time.</li> </ul> </p><p><blockquote><ul><li>时间加上耐心，就能在股市中积累财富。</li><li>这三个商业巨头都是各自领域的领导者。</li><li>它们也可以持续很长时间。</li></ul></blockquote></p><p> I'm about to show you my favorite stocks. Sometimes I invest with an eye to strong returns over the next few years. These are the ones that I expect to keep beating the market for the years and decades to come. It will take a lot to pry them out of my portfolio.</p><p><blockquote>我即将向您展示我最喜欢的股票。有时我投资时着眼于未来几年的丰厚回报。我预计这些产品将在未来几年甚至几十年内继续跑赢市场。要把它们从我的投资组合中撬出来需要很大的努力。</blockquote></p><p> Let me show you why I intend to hold&nbsp;<b>Netflix</b>(NASDAQ:NFLX),<b>Alphabet</b>(NASDAQ:GOOG)(NASDAQ:GOOGL), and&nbsp;<b>Walt Disney</b>(NYSE:DIS)for the long haul. These stocks may not be slam-dunk forever holdings for every investor, but you should absolutely take a close look at these top-notch investments.</p><p><blockquote>让我告诉你为什么我打算持有<b>Netflix</b>（纳斯达克：NFLX），<b>Alphabet</b>（纳斯达克：GOOG）（纳斯达克：GOOGL），以及<b>迪斯尼</b>（纽约证券交易所股票代码：DIS）长期来看。这些股票可能不是每个投资者都能永远持有的股票，但你绝对应该仔细看看这些顶级投资。</blockquote></p><p> <b>1. Netflix</b></p><p><blockquote><b>1.奈飞</b></blockquote></p><p> First, you knew Netflix as the sender of red mail-order DVD rentals. The company introduced digital video streams as a free add-on for DVD customers in&nbsp;2007, then separated the streaming business into a separate subscription service in 2011. The Qwikster event was a big marketing mess and could certainly have been handled better, but it was absolutely the right idea in the long run.</p><p><blockquote>首先，你知道网飞是红色邮购DVD租赁的发送者。该公司于2007年将数字视频流作为DVD客户的免费附加服务推出，然后于2011年将流媒体业务分离为单独的订阅服务。Qwikster事件是一个巨大的营销混乱，当然可以处理得更好，但从长远来看，这绝对是正确的想法。</blockquote></p><p> Going all-in on the all-digital streaming service allowed Netflix to roll out its paid subscription plans on a global scale, supplemented by an ambitious focus on original content. The subscriber count has skyrocketed from 26 million in the summer of 2011 to 209 million today. That fantastic trend has worked wonders for the company's top and bottom lines:</p><p><blockquote>全力投入全数字流媒体服务使Netflix能够在全球范围内推出付费订阅计划，并辅以对原创内容的雄心勃勃的关注。用户数量从2011年夏天的2600万飙升至今天的2.09亿。这种奇妙的趋势为公司的营收和利润创造了奇迹：</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/646be4c2a73d68810e962c19efe82476\" tg-width=\"720\" tg-height=\"449\" referrerpolicy=\"no-referrer\"><span>NFLX REVENUE (TTM) DATA BY YCHARTS.</span></p><p><blockquote><p class=\"t-img-caption\"><span>YCHARTS提供的NFLX收入(TTM)数据。</span></p></blockquote></p><p> Netflix saw an opportunity to lead the charge into a brand-new market, with low infrastructure costs compared to the DVD-mailing business and buckets of worldwide growth potential. So the DVD business that had come to dominate the video rental sector in America was unceremoniously tossed aside in favor of better ideas.</p><p><blockquote>Netflix看到了引领收费进入一个全新市场的机会，与DVD邮寄业务相比，该市场的基础设施成本较低，并且具有巨大的全球增长潜力。因此，在美国视频租赁行业占据主导地位的DVD业务被毫不客气地抛到了一边，取而代之的是更好的想法。</blockquote></p><p> These days, Netflix is an award-winning content producer with an unmatched distribution network in every market that matters (except forChina, where the company must operate through local partnerships). The stock has delivered a 2,240% return since the Qwikster event, which works out to a compound annual growth rate (CAGR) of 35.8%.</p><p><blockquote>如今，网飞是一家屡获殊荣的内容生产商，在每个重要市场都拥有无与伦比的分销网络（中国除外，该公司必须通过当地合作伙伴运营）。自Qwikster事件以来，该股的回报率为2,240%，复合年增长率(CAGR)为35.8%。</blockquote></p><p> <b>2. Alphabet</b></p><p><blockquote><b>2.Alphabet</b></blockquote></p><p> Alphabet is the parent company of online services giant Google. What started as a student project at Stanford quickly evolved into the world's leading online search tool. Paired with the moneymaking muscle of Google's digital advertising tools, the company generated strong cash flows early on. The cash profits were reinvested in more business ideas. Google eventually built or bought services with matchless market shares in important sectors such as web browsers, online video, email, and smartphone software.</p><p><blockquote>Alphabet是在线服务巨头谷歌的母公司。最初是斯坦福大学的一个学生项目，很快发展成为世界领先的在线搜索工具。再加上谷歌数字广告工具的赚钱能力，该公司在早期就产生了强劲的现金流。现金利润被再投资于更多的商业想法。谷歌最终在网络浏览器、在线视频、电子邮件和智能手机软件等重要领域建立或购买了拥有无与伦比市场份额的服务。</blockquote></p><p> By 2015, co-founders Sergey Brin and Larry Page had concluded that Google's meat-and-potatoes search and advertising businesses eventually had to fade away, overtaken by mobile alternatives and other innovations. So the company made some big changes. Google hired CFO Ruth Porat, a banking executive with decades of experience in large-scale corporate finance. Later the same year, the company changed its name to Alphabet and reorganized itself into a loose conglomerate of different operations.</p><p><blockquote>到2015年，联合创始人谢尔盖·布林（Sergey Brin）和拉里·佩奇（Larry Page）得出结论，谷歌的主要搜索和广告业务最终必须逐渐消失，被移动替代品和其他创新所取代。所以公司做了一些大的改变。谷歌聘请了首席财务官露丝·波拉特(Ruth Porat)，她是一位在大型企业融资方面拥有数十年经验的银行业高管。同年晚些时候，该公司更名为Alphabet，并重组为一个由不同业务组成的松散企业集团。</blockquote></p><p> Google is still the backbone of Alphabet, accounting for 99.6% of the holding company's total sales in 2020. The non-Google operations are still losing money on a regular basis, despite some progress in the fields of self-driving vehicles and fiber-optic internet connections. At the same time, the company is preparing for an uncertain future by developing a plethora of online and offline business projects with massive long-term growth prospects and equally large development risks.</p><p><blockquote>谷歌仍是Alphabet的中坚力量，2020年占控股公司总销售额的99.6%。尽管在自动驾驶汽车和光纤互联网连接领域取得了一些进展，但非谷歌业务仍在定期亏损。与此同时，该公司正在为不确定的未来做准备，开发大量具有巨大长期增长前景和同样大的发展风险的线上和线下业务项目。</blockquote></p><p> If the self-driving cars don't work out in the long run, Alphabet might find a cash machine in medical research or novel wind energy generators. We may never even have heard of the next big winner in Alphabet's sprawling portfolio. If and when Alphabet starts to make serious money from artificial intelligence tools or cancer drugs, most consumers probably won't think of that stuff as a Google business at all.</p><p><blockquote>如果自动驾驶汽车从长远来看行不通，Alphabet可能会在医学研究或新型风能发电机中找到提款机。我们甚至可能从未听说过Alphabet庞大投资组合中的下一个大赢家。如果Alphabet开始从人工智能工具或抗癌药物中赚大钱，大多数消费者可能根本不会认为这些东西是谷歌的业务。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/bb97b6814df65240bd8f0b4a0690e77e\" tg-width=\"720\" tg-height=\"449\" referrerpolicy=\"no-referrer\"><span>GOOGL REVENUE (TTM) DATA BY YCHARTS.</span></p><p><blockquote><p class=\"t-img-caption\"><span>YCHARTS提供的GOOGL收入(TTM)数据。</span></p></blockquote></p><p></p><p> Alphabet continues to ride its Google heritage as far as it will go, but there is no shortage of completely unrelated operations that can take over when the browser-based search and advertising business starts to falter. Until then, the traditional search business is booming and Alphabet has rewarded investors with a 912% return in 10 years. That's an annual growth rate of 23.3%.</p><p><blockquote>Alphabet将继续利用其谷歌传统，但当基于浏览器的搜索和广告业务开始动摇时，也不乏完全不相关的业务可以接管。在此之前，传统搜索业务正在蓬勃发展，Alphabet在10年内回报了投资者912%的回报。年增长率为23.3%。</blockquote></p><p> <b>3. Walt Disney</b></p><p><blockquote><b>3.华特迪士尼</b></blockquote></p><p> And then there's the near-centennial entertainment giant. The House of Mouse was founded in 1923 by two cartoon-making brothers with a vision. The company has survived a world war, several terrible recessions, 10 decades of progress in distribution and production technologies, and much more.</p><p><blockquote>然后是近百年的娱乐巨头。老鼠之家是由两个有远见的卡通制作兄弟于1923年创建的。该公司经历了一次世界大战、几次严重的经济衰退、10年来分销和生产技术的进步等等。</blockquote></p><p> The leisure and entertainment conglomerate you see today is a far cry from the original business, which was a pure-play cartoon production studio. Disney World and Disneyland are cultural touchstones. The company is a leading provider of hotel and resort services, including a cruise line. I can't think of another company that has mastered the art of monetizing its intellectual property as effectively as Disney has. And that intellectual property -- characters, fictional worlds, and storylines that most Americans know by heart -- will always be the lifeblood of Disney's business.</p><p><blockquote>你今天看到的休闲和娱乐集团与最初的业务相去甚远，最初的业务是一个纯粹的卡通制作工作室。迪士尼世界和迪士尼乐园是文化的试金石。该公司是酒店和度假村服务的领先提供商，包括邮轮公司。我想不出还有哪家公司能像迪士尼一样有效地掌握知识产权货币化的艺术。知识产权——大多数美国人烂熟于心的角色、虚构世界和故事情节——将永远是迪士尼业务的命脉。</blockquote></p><p> Times are tough right now, as the coronavirus pandemic closed down movie theaters, theme parks, resorts, and cruise ships around the world. So Disney took a good, hard look at the drastic changes in the entertainment industry and decided to put its full weight behind media-streaming platforms.</p><p><blockquote>现在的日子很艰难，因为冠状病毒大流行关闭了世界各地的电影院、主题公园、度假村和游轮。因此，迪士尼认真审视了娱乐业的剧烈变化，并决定全力支持流媒体平台。</blockquote></p><p> The company has been reorganized from the top down to support Disney's streaming platforms. The Disney+, Hulu, Hotstar, and ESPN+ streaming services are poised to challenge Netflix for the global media-streaming market, adding up to 174 million subscribers in the third quarter of 2021. Disney took on some extra debt in the darkest days of the health crisis and will most likely use some of that spare cash to accelerate its streaming operations.</p><p><blockquote>该公司已经自上而下进行了重组，以支持迪士尼的流媒体平台。Disney+、Hulu、Hotstar和ESPN+流媒体服务准备在全球媒体流媒体市场挑战网飞，2021年第三季度用户总数达到1.74亿。迪士尼在健康危机最黑暗的日子里承担了一些额外的债务，并且很可能会使用部分闲钱来加速其流媒体业务。</blockquote></p><p> The coronavirus caught Disney unprepared, but management didn't hesitate to turn on a dime. The whole behemoth is heading in a different direction now, supported by the same treasure trove of storytelling assets that took the company this far. This supremely well-managed company is also beating the market in the long run, with a 439% 10-year gain that works out to a CAGR of 13%.</p><p><blockquote>冠状病毒让迪士尼措手不及，但管理层毫不犹豫地立即采取行动。整个庞然大物现在正朝着不同的方向前进，得到了让公司走到这一步的同样的讲故事资产宝库的支持。从长远来看，这家管理极其良好的公司也跑赢了市场，10年涨幅为439%，复合年增长率为13%。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/110cd288830d0e354767349fe36259e6\" tg-width=\"2000\" tg-height=\"1333\" referrerpolicy=\"no-referrer\"><span>IMAGE SOURCE: GETTY IMAGES.</span></p><p><blockquote><p class=\"t-img-caption\"><span>图片来源：盖蒂图片社。</span></p></blockquote></p><p> <b>The common denominator</b></p><p><blockquote><b>共同点</b></blockquote></p><p> These three companies are very different, but they still have one all-important quality in common. I'm looking for flexibility in the face of good times and bad. If your company stands ready to make drastic changes to its operating plan when the business environment around it changes, you know you have an organization that will stand the test of time.</p><p><blockquote>这三家公司非常不同，但它们仍然有一个非常重要的共同点。我在寻找面对顺境和逆境的灵活性。如果你的公司准备在周围的商业环境发生变化时对其运营计划进行重大改变，你知道你有一个经得起时间考验的组织。</blockquote></p><p> Lots of&nbsp;time in the market equals wealth-building returns. That's the main lesson you can learn from the writings of Benjamin Graham and the stellar results of his star student, Warren Buffett. Building life-changing wealth does not require a couple of years of fantastic returns. All you need is generally solid gains for several decades.</p><p><blockquote>大量的市场时间等于财富积累的回报。这是你可以从本杰明·格雷厄姆的著作和他的明星学生沃伦·巴菲特的出色成绩中学到的主要教训。积累改变生活的财富并不需要几年的惊人回报。你所需要的只是几十年的稳定收益。</blockquote></p><p> For example, an annual return of 10% -- in line with&nbsp;the long-term market average-- adds up to a 673% profit over 20 years. Beating the Street by a small margin makes a big difference on this long time scale. Boost your average gains to just 11%, and you'll see 806% returns over those 20 years. Larger increases bring even greater total long-haul returns. The three stocks discussed above are set up to do better than that, and their very survival in the long run is just about guaranteed by that willingness to change when market conditions require it.</p><p><blockquote>例如，10%的年回报率（与长期市场平均水平一致）相当于20年内673%的利润。在这个漫长的时间尺度上，以微弱优势击败街道会产生很大的影响。将您的平均收益提高到11%，您将在这20年内看到806%的回报。更大的增长会带来更大的长期总回报。上面讨论的三只股票的表现比这更好，从长远来看，它们的生存几乎是由市场条件需要时做出改变的意愿来保证的。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.fool.com/investing/2021/08/17/3-stocks-im-never-selling/\">Motley Fool</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GOOG":"谷歌","DIS":"迪士尼","NFLX":"奈飞","GOOGL":"谷歌A"},"source_url":"https://www.fool.com/investing/2021/08/17/3-stocks-im-never-selling/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1114320591","content_text":"Key Points\n\nTime plus patience adds up to wealth-building results in the stock market.\nThese three business titans are leaders in their fields.\nThey are also built to last for a very long time.\n\n\nI'm about to show you my favorite stocks. Sometimes I invest with an eye to strong returns over the next few years. These are the ones that I expect to keep beating the market for the years and decades to come. It will take a lot to pry them out of my portfolio.\nLet me show you why I intend to hold Netflix(NASDAQ:NFLX),Alphabet(NASDAQ:GOOG)(NASDAQ:GOOGL), and Walt Disney(NYSE:DIS)for the long haul. These stocks may not be slam-dunk forever holdings for every investor, but you should absolutely take a close look at these top-notch investments.\n1. Netflix\nFirst, you knew Netflix as the sender of red mail-order DVD rentals. The company introduced digital video streams as a free add-on for DVD customers in 2007, then separated the streaming business into a separate subscription service in 2011. The Qwikster event was a big marketing mess and could certainly have been handled better, but it was absolutely the right idea in the long run.\nGoing all-in on the all-digital streaming service allowed Netflix to roll out its paid subscription plans on a global scale, supplemented by an ambitious focus on original content. The subscriber count has skyrocketed from 26 million in the summer of 2011 to 209 million today. That fantastic trend has worked wonders for the company's top and bottom lines:\nNFLX REVENUE (TTM) DATA BY YCHARTS.\nNetflix saw an opportunity to lead the charge into a brand-new market, with low infrastructure costs compared to the DVD-mailing business and buckets of worldwide growth potential. So the DVD business that had come to dominate the video rental sector in America was unceremoniously tossed aside in favor of better ideas.\nThese days, Netflix is an award-winning content producer with an unmatched distribution network in every market that matters (except forChina, where the company must operate through local partnerships). The stock has delivered a 2,240% return since the Qwikster event, which works out to a compound annual growth rate (CAGR) of 35.8%.\n2. Alphabet\nAlphabet is the parent company of online services giant Google. What started as a student project at Stanford quickly evolved into the world's leading online search tool. Paired with the moneymaking muscle of Google's digital advertising tools, the company generated strong cash flows early on. The cash profits were reinvested in more business ideas. Google eventually built or bought services with matchless market shares in important sectors such as web browsers, online video, email, and smartphone software.\nBy 2015, co-founders Sergey Brin and Larry Page had concluded that Google's meat-and-potatoes search and advertising businesses eventually had to fade away, overtaken by mobile alternatives and other innovations. So the company made some big changes. Google hired CFO Ruth Porat, a banking executive with decades of experience in large-scale corporate finance. Later the same year, the company changed its name to Alphabet and reorganized itself into a loose conglomerate of different operations.\nGoogle is still the backbone of Alphabet, accounting for 99.6% of the holding company's total sales in 2020. The non-Google operations are still losing money on a regular basis, despite some progress in the fields of self-driving vehicles and fiber-optic internet connections. At the same time, the company is preparing for an uncertain future by developing a plethora of online and offline business projects with massive long-term growth prospects and equally large development risks.\nIf the self-driving cars don't work out in the long run, Alphabet might find a cash machine in medical research or novel wind energy generators. We may never even have heard of the next big winner in Alphabet's sprawling portfolio. If and when Alphabet starts to make serious money from artificial intelligence tools or cancer drugs, most consumers probably won't think of that stuff as a Google business at all.\nGOOGL REVENUE (TTM) DATA BY YCHARTS.\nAlphabet continues to ride its Google heritage as far as it will go, but there is no shortage of completely unrelated operations that can take over when the browser-based search and advertising business starts to falter. Until then, the traditional search business is booming and Alphabet has rewarded investors with a 912% return in 10 years. That's an annual growth rate of 23.3%.\n3. Walt Disney\nAnd then there's the near-centennial entertainment giant. The House of Mouse was founded in 1923 by two cartoon-making brothers with a vision. The company has survived a world war, several terrible recessions, 10 decades of progress in distribution and production technologies, and much more.\nThe leisure and entertainment conglomerate you see today is a far cry from the original business, which was a pure-play cartoon production studio. Disney World and Disneyland are cultural touchstones. The company is a leading provider of hotel and resort services, including a cruise line. I can't think of another company that has mastered the art of monetizing its intellectual property as effectively as Disney has. And that intellectual property -- characters, fictional worlds, and storylines that most Americans know by heart -- will always be the lifeblood of Disney's business.\nTimes are tough right now, as the coronavirus pandemic closed down movie theaters, theme parks, resorts, and cruise ships around the world. So Disney took a good, hard look at the drastic changes in the entertainment industry and decided to put its full weight behind media-streaming platforms.\nThe company has been reorganized from the top down to support Disney's streaming platforms. The Disney+, Hulu, Hotstar, and ESPN+ streaming services are poised to challenge Netflix for the global media-streaming market, adding up to 174 million subscribers in the third quarter of 2021. Disney took on some extra debt in the darkest days of the health crisis and will most likely use some of that spare cash to accelerate its streaming operations.\nThe coronavirus caught Disney unprepared, but management didn't hesitate to turn on a dime. The whole behemoth is heading in a different direction now, supported by the same treasure trove of storytelling assets that took the company this far. This supremely well-managed company is also beating the market in the long run, with a 439% 10-year gain that works out to a CAGR of 13%.\nIMAGE SOURCE: GETTY IMAGES.\nThe common denominator\nThese three companies are very different, but they still have one all-important quality in common. I'm looking for flexibility in the face of good times and bad. If your company stands ready to make drastic changes to its operating plan when the business environment around it changes, you know you have an organization that will stand the test of time.\nLots of time in the market equals wealth-building returns. That's the main lesson you can learn from the writings of Benjamin Graham and the stellar results of his star student, Warren Buffett. Building life-changing wealth does not require a couple of years of fantastic returns. All you need is generally solid gains for several decades.\nFor example, an annual return of 10% -- in line with the long-term market average-- adds up to a 673% profit over 20 years. Beating the Street by a small margin makes a big difference on this long time scale. Boost your average gains to just 11%, and you'll see 806% returns over those 20 years. Larger increases bring even greater total long-haul returns. The three stocks discussed above are set up to do better than that, and their very survival in the long run is just about guaranteed by that willingness to change when market conditions require it.","news_type":1,"symbols_score_info":{"DIS":0.9,"GOOGL":0.9,"NFLX":0.9,"GOOG":0.9}},"isVote":1,"tweetType":1,"viewCount":3476,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":833391689,"gmtCreate":1629203428841,"gmtModify":1633686618142,"author":{"id":"3582021842674964","authorId":"3582021842674964","name":"Greenbull18","avatar":"https://static.tigerbbs.com/576bc95bff9dffadad04639941613d8e","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3582021842674964","idStr":"3582021842674964"},"themes":[],"htmlText":"Cool","listText":"Cool","text":"Cool","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/833391689","repostId":"2160620348","repostType":4,"isVote":1,"tweetType":1,"viewCount":1821,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":897420211,"gmtCreate":1628964814133,"gmtModify":1633688285389,"author":{"id":"3582021842674964","authorId":"3582021842674964","name":"Greenbull18","avatar":"https://static.tigerbbs.com/576bc95bff9dffadad04639941613d8e","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3582021842674964","idStr":"3582021842674964"},"themes":[],"htmlText":"Cool","listText":"Cool","text":"Cool","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/897420211","repostId":"2158025081","repostType":4,"isVote":1,"tweetType":1,"viewCount":2789,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":892696189,"gmtCreate":1628652567941,"gmtModify":1633745350656,"author":{"id":"3582021842674964","authorId":"3582021842674964","name":"Greenbull18","avatar":"https://static.tigerbbs.com/576bc95bff9dffadad04639941613d8e","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3582021842674964","idStr":"3582021842674964"},"themes":[],"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/892696189","repostId":"1195993756","repostType":4,"isVote":1,"tweetType":1,"viewCount":3164,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":892075453,"gmtCreate":1628622271472,"gmtModify":1633745686576,"author":{"id":"3582021842674964","authorId":"3582021842674964","name":"Greenbull18","avatar":"https://static.tigerbbs.com/576bc95bff9dffadad04639941613d8e","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3582021842674964","idStr":"3582021842674964"},"themes":[],"htmlText":"Cool","listText":"Cool","text":"Cool","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/892075453","repostId":"1155695860","repostType":4,"isVote":1,"tweetType":1,"viewCount":2225,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":898037829,"gmtCreate":1628450598061,"gmtModify":1633747120722,"author":{"id":"3582021842674964","authorId":"3582021842674964","name":"Greenbull18","avatar":"https://static.tigerbbs.com/576bc95bff9dffadad04639941613d8e","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3582021842674964","idStr":"3582021842674964"},"themes":[],"htmlText":"[Miser]&nbsp;","listText":"[Miser]&nbsp;","text":"[Miser]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/898037829","repostId":"1187701368","repostType":4,"isVote":1,"tweetType":1,"viewCount":574,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":893777353,"gmtCreate":1628304027072,"gmtModify":1633751803599,"author":{"id":"3582021842674964","authorId":"3582021842674964","name":"Greenbull18","avatar":"https://static.tigerbbs.com/576bc95bff9dffadad04639941613d8e","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3582021842674964","idStr":"3582021842674964"},"themes":[],"htmlText":"[Miser]&nbsp;","listText":"[Miser]&nbsp;","text":"[Miser]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/893777353","repostId":"1119792130","repostType":4,"isVote":1,"tweetType":1,"viewCount":930,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":890728494,"gmtCreate":1628136005218,"gmtModify":1633753232687,"author":{"id":"3582021842674964","authorId":"3582021842674964","name":"Greenbull18","avatar":"https://static.tigerbbs.com/576bc95bff9dffadad04639941613d8e","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3582021842674964","idStr":"3582021842674964"},"themes":[],"htmlText":"[Smile]&nbsp;","listText":"[Smile]&nbsp;","text":"[Smile]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/890728494","repostId":"1155561683","repostType":4,"repost":{"id":"1155561683","kind":"news","pubTimestamp":1628129625,"share":"https://www.laohu8.com/m/news/1155561683?lang=zh_CN&edition=full","pubTime":"2021-08-05 10:13","market":"us","language":"en","title":"Lyft stock sinks on worries about outlook, pandemic uncertainty and growth<blockquote>由于对前景、大流行不确定性和增长的担忧，Lyft股价下跌</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1155561683","media":"Business Hala","summary":"On Wednesday, a day after the ride-hailing company reported results Lyft, Inc.. U.S. shares fell sha","content":"<p>On Wednesday, a day after the ride-hailing company reported results <a href=\"https://laohu8.com/S/LYFT\">Lyft, Inc.</a>. U.S. shares fell sharply, including a 125% increase in revenue amid continued recovery from the COVID-19 pandemic, but softer than expected guidance.</p><p><blockquote>周三，也就是这家网约车公司公布业绩的第二天<a href=\"https://laohu8.com/S/LYFT\">Lyft公司。</a>.美股大幅下跌，包括在从COVID-19大流行中持续复苏的情况下，营收增长了125%，但弱于预期指引。</blockquote></p><p> After up 6% in extended trading on Tuesday, Lyft shares fell more than 9% to $50.39 on Wednesday afternoon. They are on pace for their worst day since April 29, when they fell 9.94%.</p><p><blockquote>在周二盘后交易中上涨6%后，Lyft股价周三下午下跌超过9%，至50.39美元。他们即将迎来自4月29日以来最糟糕的一天，当时他们下跌了9.94%。</blockquote></p><p> The company continues to deal with the effects of the pandemic, which Chief Financial Officer Brian Roberts said on the earnings call was “not over yet, particularly with the return of restrictions in emerging variants and certain markets.”</p><p><blockquote>该公司继续应对疫情的影响，首席财务官Brian Roberts在财报中表示，疫情看涨期权“尚未结束，特别是随着新兴变种和某些市场限制的回归”。</blockquote></p><p> <b>Full earnings coverage: Lyft sales more than doubled in ‘extraordinary’ quarter, but stock gains disappear after forecast.</b></p><p><blockquote><b>全面盈利报道：Lyft销售额在“非凡”季度增长了一倍多，但股价涨幅在预期后消失。</b></blockquote></p><p> Lyft expects to continue to spend on incentives to get drivers back on its platform and/or retain them, with Roberts saying they see a $30 million to $40 million hit on revenue in the third quarter from those incentives. are supposed to.</p><p><blockquote>Lyft预计将继续在激励措施上投入资金，以让司机重返其平台和/或留住他们，Roberts表示，他们预计这些激励措施将使第三季度的收入损失3000万至4000万美元。应该。</blockquote></p><p> “Comments about driver incentive investments going forward may scare some investors that the intensity could remain high until next year,” Brad Erickson of RBC Capital Markets wrote in a note to investors.</p><p><blockquote>加拿大皇家银行资本市场(RBC Capital Markets)的布拉德·埃里克森(Brad Erickson)在给投资者的一份报告中写道：“有关未来驾驶员激励投资的评论可能会让一些投资者感到害怕，担心这种强度可能会持续到明年。”</blockquote></p><p> But he also reiterated his “outperform” rating on the stock, saying investors should be thinking longer: “We believe these forces are purely transitory and would urge investors to look next year where we expect.” are that Lyft will be on a path toward hundreds of millions of dollars of EBITDA.”</p><p><blockquote>但他也重申了对该股的“跑赢大盘”评级，称投资者应该考虑更长时间：“我们认为这些力量纯粹是暂时的，并敦促投资者明年按照我们的预期进行展望。”Lyft的EBITDA将达到数亿美元。”</blockquote></p><p> Mark Mahane of Evercore ISI, who also reiterated the outperform rating, wrote that “challenges remain, service levels (ie ride availability, wait times and ride pricing) are still not optimal. And we believe that organic tailwinds ( Vaccines, full re-openings, work and school commutes, airport trips, etc…) until a full re-engagement, Lyft in driver incentives for another quarter or two to rebalance the market Gotta bow down aggressively.”</p><p><blockquote>Evercore ISI的Mark Mahane也重申了跑赢大盘的评级，他写道：“挑战依然存在，服务水平（即乘车可用性、等待时间和乘车定价）仍不是最佳的。我们相信，有机的顺风车（疫苗、全面重新开放、工作和学校通勤、机场旅行等）在全面重新参与之前，Lyft必须在未来一两个季度内积极屈服，以重新平衡市场。”</blockquote></p><p> A further reading of the results warns about the development. While the company reported that second-quarter revenue ($765 million) more than doubled year over year, that was compared to the quarter that included the height of the pandemic last year. That figure was down about 12% from the company’s second-quarter revenue of $867.3 million in 2019.</p><p><blockquote>对结果的进一步阅读警告了这一发展。尽管该公司报告称第二季度收入（7.65亿美元）同比增长了一倍多，但这是与去年疫情最严重的季度相比。这一数字比该公司2019年第二季度8.673亿美元的收入下降了约12%。</blockquote></p><p> “User growth is already showing signs of slowing growth if engagement growth (rides/users) or pricing power fails to dampen LYFT’s revenue outlook,” wrote Mark Schmulik of Bernstein Stock. on the “Market Performance” rating. .</p><p><blockquote>Bernstein Stock的Mark Schmulik写道：“如果参与度增长（乘车/用户）或定价能力未能抑制LYFT的收入前景，用户增长已经显示出增长放缓的迹象。”关于“市场表现”评级。</blockquote></p><p> Analysts’ mention of the company’s first-quarter EBITDA profitability and continued profitability expectations attribute it to adjustments Lyft made during the pandemic.</p><p><blockquote>分析师提到该公司第一季度EBITDA盈利能力和持续盈利预期，将其归因于Lyft在疫情期间做出的调整。</blockquote></p><p> “Lyft used this slowdown to improve its cost structure and tap into new business opportunities,” wrote Brian White of Monness Crespi Hardt.</p><p><blockquote>Monness Crespi Hardt的Brian White写道：“Lyft利用这种放缓来改善其成本结构并挖掘新的商机。”</blockquote></p><p></p>","source":"lsy1627951004805","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>Lyft stock sinks on worries about outlook, pandemic uncertainty and growth<blockquote>由于对前景、大流行不确定性和增长的担忧，Lyft股价下跌</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\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\">\nLyft stock sinks on worries about outlook, pandemic uncertainty and growth<blockquote>由于对前景、大流行不确定性和增长的担忧，Lyft股价下跌</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Business Hala</strong><span class=\"h-time small\">2021-08-05 10:13</span>\n</p>\n</h4>\n</header>\n<article>\n<p>On Wednesday, a day after the ride-hailing company reported results <a href=\"https://laohu8.com/S/LYFT\">Lyft, Inc.</a>. U.S. shares fell sharply, including a 125% increase in revenue amid continued recovery from the COVID-19 pandemic, but softer than expected guidance.</p><p><blockquote>周三，也就是这家网约车公司公布业绩的第二天<a href=\"https://laohu8.com/S/LYFT\">Lyft公司。</a>.美股大幅下跌，包括在从COVID-19大流行中持续复苏的情况下，营收增长了125%，但弱于预期指引。</blockquote></p><p> After up 6% in extended trading on Tuesday, Lyft shares fell more than 9% to $50.39 on Wednesday afternoon. They are on pace for their worst day since April 29, when they fell 9.94%.</p><p><blockquote>在周二盘后交易中上涨6%后，Lyft股价周三下午下跌超过9%，至50.39美元。他们即将迎来自4月29日以来最糟糕的一天，当时他们下跌了9.94%。</blockquote></p><p> The company continues to deal with the effects of the pandemic, which Chief Financial Officer Brian Roberts said on the earnings call was “not over yet, particularly with the return of restrictions in emerging variants and certain markets.”</p><p><blockquote>该公司继续应对疫情的影响，首席财务官Brian Roberts在财报中表示，疫情看涨期权“尚未结束，特别是随着新兴变种和某些市场限制的回归”。</blockquote></p><p> <b>Full earnings coverage: Lyft sales more than doubled in ‘extraordinary’ quarter, but stock gains disappear after forecast.</b></p><p><blockquote><b>全面盈利报道：Lyft销售额在“非凡”季度增长了一倍多，但股价涨幅在预期后消失。</b></blockquote></p><p> Lyft expects to continue to spend on incentives to get drivers back on its platform and/or retain them, with Roberts saying they see a $30 million to $40 million hit on revenue in the third quarter from those incentives. are supposed to.</p><p><blockquote>Lyft预计将继续在激励措施上投入资金，以让司机重返其平台和/或留住他们，Roberts表示，他们预计这些激励措施将使第三季度的收入损失3000万至4000万美元。应该。</blockquote></p><p> “Comments about driver incentive investments going forward may scare some investors that the intensity could remain high until next year,” Brad Erickson of RBC Capital Markets wrote in a note to investors.</p><p><blockquote>加拿大皇家银行资本市场(RBC Capital Markets)的布拉德·埃里克森(Brad Erickson)在给投资者的一份报告中写道：“有关未来驾驶员激励投资的评论可能会让一些投资者感到害怕，担心这种强度可能会持续到明年。”</blockquote></p><p> But he also reiterated his “outperform” rating on the stock, saying investors should be thinking longer: “We believe these forces are purely transitory and would urge investors to look next year where we expect.” are that Lyft will be on a path toward hundreds of millions of dollars of EBITDA.”</p><p><blockquote>但他也重申了对该股的“跑赢大盘”评级，称投资者应该考虑更长时间：“我们认为这些力量纯粹是暂时的，并敦促投资者明年按照我们的预期进行展望。”Lyft的EBITDA将达到数亿美元。”</blockquote></p><p> Mark Mahane of Evercore ISI, who also reiterated the outperform rating, wrote that “challenges remain, service levels (ie ride availability, wait times and ride pricing) are still not optimal. And we believe that organic tailwinds ( Vaccines, full re-openings, work and school commutes, airport trips, etc…) until a full re-engagement, Lyft in driver incentives for another quarter or two to rebalance the market Gotta bow down aggressively.”</p><p><blockquote>Evercore ISI的Mark Mahane也重申了跑赢大盘的评级，他写道：“挑战依然存在，服务水平（即乘车可用性、等待时间和乘车定价）仍不是最佳的。我们相信，有机的顺风车（疫苗、全面重新开放、工作和学校通勤、机场旅行等）在全面重新参与之前，Lyft必须在未来一两个季度内积极屈服，以重新平衡市场。”</blockquote></p><p> A further reading of the results warns about the development. While the company reported that second-quarter revenue ($765 million) more than doubled year over year, that was compared to the quarter that included the height of the pandemic last year. That figure was down about 12% from the company’s second-quarter revenue of $867.3 million in 2019.</p><p><blockquote>对结果的进一步阅读警告了这一发展。尽管该公司报告称第二季度收入（7.65亿美元）同比增长了一倍多，但这是与去年疫情最严重的季度相比。这一数字比该公司2019年第二季度8.673亿美元的收入下降了约12%。</blockquote></p><p> “User growth is already showing signs of slowing growth if engagement growth (rides/users) or pricing power fails to dampen LYFT’s revenue outlook,” wrote Mark Schmulik of Bernstein Stock. on the “Market Performance” rating. .</p><p><blockquote>Bernstein Stock的Mark Schmulik写道：“如果参与度增长（乘车/用户）或定价能力未能抑制LYFT的收入前景，用户增长已经显示出增长放缓的迹象。”关于“市场表现”评级。</blockquote></p><p> Analysts’ mention of the company’s first-quarter EBITDA profitability and continued profitability expectations attribute it to adjustments Lyft made during the pandemic.</p><p><blockquote>分析师提到该公司第一季度EBITDA盈利能力和持续盈利预期，将其归因于Lyft在疫情期间做出的调整。</blockquote></p><p> “Lyft used this slowdown to improve its cost structure and tap into new business opportunities,” wrote Brian White of Monness Crespi Hardt.</p><p><blockquote>Monness Crespi Hardt的Brian White写道：“Lyft利用这种放缓来改善其成本结构并挖掘新的商机。”</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://businesshala.com/lyft-stock-sinks-on-worries-about-outlook-pandemic-uncertainty-and-growth/\">Business Hala</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":{"LYFT":"Lyft, Inc."},"source_url":"https://businesshala.com/lyft-stock-sinks-on-worries-about-outlook-pandemic-uncertainty-and-growth/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1155561683","content_text":"On Wednesday, a day after the ride-hailing company reported results Lyft, Inc.. U.S. shares fell sharply, including a 125% increase in revenue amid continued recovery from the COVID-19 pandemic, but softer than expected guidance.\nAfter up 6% in extended trading on Tuesday, Lyft shares fell more than 9% to $50.39 on Wednesday afternoon. They are on pace for their worst day since April 29, when they fell 9.94%.\nThe company continues to deal with the effects of the pandemic, which Chief Financial Officer Brian Roberts said on the earnings call was “not over yet, particularly with the return of restrictions in emerging variants and certain markets.”\nFull earnings coverage: Lyft sales more than doubled in ‘extraordinary’ quarter, but stock gains disappear after forecast.\nLyft expects to continue to spend on incentives to get drivers back on its platform and/or retain them, with Roberts saying they see a $30 million to $40 million hit on revenue in the third quarter from those incentives. are supposed to.\n“Comments about driver incentive investments going forward may scare some investors that the intensity could remain high until next year,” Brad Erickson of RBC Capital Markets wrote in a note to investors.\nBut he also reiterated his “outperform” rating on the stock, saying investors should be thinking longer: “We believe these forces are purely transitory and would urge investors to look next year where we expect.” are that Lyft will be on a path toward hundreds of millions of dollars of EBITDA.”\nMark Mahane of Evercore ISI, who also reiterated the outperform rating, wrote that “challenges remain, service levels (ie ride availability, wait times and ride pricing) are still not optimal. And we believe that organic tailwinds ( Vaccines, full re-openings, work and school commutes, airport trips, etc…) until a full re-engagement, Lyft in driver incentives for another quarter or two to rebalance the market Gotta bow down aggressively.”\nA further reading of the results warns about the development. While the company reported that second-quarter revenue ($765 million) more than doubled year over year, that was compared to the quarter that included the height of the pandemic last year. That figure was down about 12% from the company’s second-quarter revenue of $867.3 million in 2019.\n“User growth is already showing signs of slowing growth if engagement growth (rides/users) or pricing power fails to dampen LYFT’s revenue outlook,” wrote Mark Schmulik of Bernstein Stock. on the “Market Performance” rating. .\nAnalysts’ mention of the company’s first-quarter EBITDA profitability and continued profitability expectations attribute it to adjustments Lyft made during the pandemic.\n“Lyft used this slowdown to improve its cost structure and tap into new business opportunities,” wrote Brian White of Monness Crespi Hardt.","news_type":1,"symbols_score_info":{"LYFT":0.9}},"isVote":1,"tweetType":1,"viewCount":787,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":890384438,"gmtCreate":1628083888424,"gmtModify":1633753776358,"author":{"id":"3582021842674964","authorId":"3582021842674964","name":"Greenbull18","avatar":"https://static.tigerbbs.com/576bc95bff9dffadad04639941613d8e","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3582021842674964","idStr":"3582021842674964"},"themes":[],"htmlText":"[Miser]&nbsp;","listText":"[Miser]&nbsp;","text":"[Miser]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/890384438","repostId":"1116011641","repostType":4,"isVote":1,"tweetType":1,"viewCount":460,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":805786754,"gmtCreate":1627907180078,"gmtModify":1633755426774,"author":{"id":"3582021842674964","authorId":"3582021842674964","name":"Greenbull18","avatar":"https://static.tigerbbs.com/576bc95bff9dffadad04639941613d8e","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3582021842674964","idStr":"3582021842674964"},"themes":[],"htmlText":"[Miser]&nbsp;","listText":"[Miser]&nbsp;","text":"[Miser]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/805786754","repostId":"1184394577","repostType":4,"repost":{"id":"1184394577","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":1627893144,"share":"https://www.laohu8.com/m/news/1184394577?lang=zh_CN&edition=full","pubTime":"2021-08-02 16:32","market":"us","language":"en","title":"Earnings Scheduled For August 2, 2021<blockquote>预计2021年8月2日收益</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1184394577","media":"Benzinga","summary":"Companies Reporting Before The Bell\n\nHSBC Holdings (NYSE:HSBC) is estimated to report earnings for i","content":"<p><b>Companies Reporting Before The Bell</b></p><p><blockquote><b>公司在盘前发布报告</b></blockquote></p><p> <ul>  <li>HSBC Holdings (NYSE:HSBC) is estimated to report earnings for its second quarter.</li>  <li>Addex Therapeutics (NASDAQ:ADXN) is estimated to report earnings for its second quarter.</li>  <li><a href=\"https://laohu8.com/S/TGTX\">TG Therapeutics</a> (NASDAQ:TGTX) is expected to report earnings for its second quarter.</li>  <li><a href=\"https://laohu8.com/S/NERV\">Minerva Neurosciences</a> (NASDAQ:NERV) is likely to report quarterly loss at $0.17 per share on revenue of $570.00 thousand.</li>  <li>Alexander's (NYSE:ALX) is likely to report earnings for its second quarter.</li>  <li>Ferrari (NYSE:RACE) is projected to report quarterly earnings at $1.20 per share on revenue of $1.25 billion.</li>  <li><a href=\"https://laohu8.com/S/GPRE\">Green Plains</a> (NASDAQ:GPRE) is likely to report quarterly loss at $0.23 per share on revenue of $715.42 million.</li>  <li><a href=\"https://laohu8.com/S/CRNT\">Ceragon Networks</a> (NASDAQ:CRNT) is estimated to report quarterly loss at $0.04 per share on revenue of $65.13 million.</li>  <li><a href=\"https://laohu8.com/S/GPN\">Global Payments</a> (NYSE:GPN) is likely to report quarterly earnings at $1.89 per share on revenue of $1.85 billion.</li>  <li><a href=\"https://laohu8.com/S/TSEM\">Tower Semiconductor</a> (NASDAQ:TSEM) is expected to report quarterly earnings at $0.33 per share on revenue of $359.75 million.</li>  <li>DSP Group (NASDAQ:DSPG) is likely to report quarterly earnings at $0.08 per share on revenue of $35.00 million.</li>  <li><a href=\"https://laohu8.com/S/GNBC\">Green</a> Plains Partners (NASDAQ:GPP) is estimated to report earnings for its second quarter.</li>  <li><a href=\"https://laohu8.com/S/TKR\">Timken</a> (NYSE:TKR) is projected to report quarterly earnings at $1.45 per share on revenue of $1.05 billion.</li>  <li><a href=\"https://laohu8.com/S/STL\">Sterling</a> Bancorp (NASDAQ:SBT) is projected to report quarterly earnings at $0.06 per share on revenue of $23.17 million.</li>  <li>JELD-WEN Holding (NYSE:JELD) is estimated to report quarterly earnings at $0.61 per share on revenue of $1.16 billion.</li>  <li><a href=\"https://laohu8.com/S/ON\">ON Semiconductor</a> (NASDAQ:ON) is expected to report quarterly earnings at $0.49 per share on revenue of $1.62 billion.</li>  <li>KnowBe4 (NASDAQ:KNBE) is likely to report quarterly loss at $0.02 per share on revenue of $56.37 million.</li>  <li><a href=\"https://laohu8.com/S/RADA\">Rada Electronics</a> Industri (NASDAQ:RADA) is projected to report quarterly earnings at $0.09 per share on revenue of $27.98 million.</li>  <li>Hayward Holdings (NYSE:HAYW) is projected to report quarterly earnings at $0.28 per share on revenue of $339.28 million.</li>  <li>DBV Technologies (NASDAQ:DBVT) is projected to report quarterly loss at $0.57 per share on revenue of $3.18 million.</li>  <li>RumbleON (NASDAQ:RMBL) is likely to report quarterly earnings at $0.06 per share on revenue of $143.40 million.</li>  <li>CNA Financial (NYSE:CNA) is projected to report quarterly earnings at $1.11 per share on revenue of $2.06 billion.</li>  <li><a href=\"https://laohu8.com/S/ARCB\">ArcBest</a> (NASDAQ:ARCB) is expected to report quarterly earnings at $1.61 per share on revenue of $915.95 million.</li>  <li><a href=\"https://laohu8.com/S/L\">Loews</a> (NYSE:L) is likely to report earnings for its second quarter.</li>  <li><a href=\"https://laohu8.com/S/MTU\">Mitsubishi UFJ</a> Financial (NYSE:MUFG) is likely to report earnings for its first quarter.</li> </ul> <b>Companies Reporting After The Bell</b></p><p><blockquote><ul><li>汇丰控股（纽约证券交易所股票代码：HSBC）预计将公布第二季度收益。</li><li>Addex Therapeutics（纳斯达克股票代码：ADXN）预计将公布第二季度收益。</li><li><a href=\"https://laohu8.com/S/TGTX\">TG治疗</a>（纳斯达克：TGTX）预计将公布第二季度收益。</li><li><a href=\"https://laohu8.com/S/NERV\">密涅瓦神经科学</a>（纳斯达克：NERV）可能报告季度亏损为每股0.17美元，营收为57万美元。</li><li>亚历山大（纽约证券交易所股票代码：ALX）可能会公布第二季度收益。</li><li>法拉利（纽约证券交易所股票代码：RACE）预计季度收益为每股1.20美元，营收为12.5亿美元。</li><li><a href=\"https://laohu8.com/S/GPRE\">绿色平原</a>（纳斯达克股票代码：GPRE）可能报告季度亏损为每股0.23美元，营收为7.1542亿美元。</li><li><a href=\"https://laohu8.com/S/CRNT\">Ceragon网络</a>（纳斯达克股票代码：CRNT）预计季度亏损为每股0.04美元，营收为6513万美元。</li><li><a href=\"https://laohu8.com/S/GPN\">全球支付</a>（纽约证券交易所股票代码：GPN）可能公布季度收益为每股1.89美元，营收为18.5亿美元。</li><li><a href=\"https://laohu8.com/S/TSEM\">塔式半导体</a>（纳斯达克：TSEM）预计季度收益为每股0.33美元，营收为3.5975亿美元。</li><li>DSP Group（纳斯达克股票代码：DSPG）可能公布季度收益为每股0.08美元，营收为3500万美元。</li><li><a href=\"https://laohu8.com/S/GNBC\">绿色</a>Plains Partners（纳斯达克：GPP）预计将公布第二季度收益。</li><li><a href=\"https://laohu8.com/S/TKR\">铁姆肯</a>（纽约证券交易所股票代码：TKR）预计季度收益为每股1.45美元，营收为10.5亿美元。</li><li><a href=\"https://laohu8.com/S/STL\">英镑</a>Bancorp（纳斯达克股票代码：SBT）预计季度收益为每股0.06美元，营收为2317万美元。</li><li>JELD-WEN Holding（纽约证券交易所股票代码：JELD）预计季度收益为每股0.61美元，营收为11.6亿美元。</li><li><a href=\"https://laohu8.com/S/ON\">安森美半导体</a>（纳斯达克：ON）预计季度收益为每股0.49美元，营收为16.2亿美元。</li><li>KnowBe4（纳斯达克：KNBE）可能报告季度亏损为每股0.02美元，营收为5637万美元。</li><li><a href=\"https://laohu8.com/S/RADA\">拉达电子</a>Industri（纳斯达克：RADA）预计季度收益为每股0.09美元，营收为2798万美元。</li><li>Hayward Holdings（纽约证券交易所股票代码：HAYW）预计季度收益为每股0.28美元，营收为3.3928亿美元。</li><li>DBV Technologies（纳斯达克股票代码：DBVT）预计季度亏损为每股0.57美元，营收为318万美元。</li><li>RumbleON（纳斯达克：RMBL）可能公布季度收益为每股0.06美元，营收为1.434亿美元。</li><li>CNA Financial（纽约证券交易所股票代码：CNA）预计季度收益为每股1.11美元，营收为20.6亿美元。</li><li><a href=\"https://laohu8.com/S/ARCB\">ArcBest</a>（纳斯达克股票代码：ARCB）预计季度收益为每股1.61美元，营收为9.1595亿美元。</li><li><a href=\"https://laohu8.com/S/L\">洛伊斯</a>（纽约证券交易所股票代码：L）可能会公布第二季度收益。</li><li><a href=\"https://laohu8.com/S/MTU\">三菱UFJ</a>金融公司（纽约证券交易所股票代码：MUFG）可能会公布第一季度收益。</li></ul><b>盘后报告的公司</b></blockquote></p><p></p><p> <ul>  <li><a href=\"https://laohu8.com/S/IPI\">Intrepid Potash</a> (NYSE:IPI) is projected to report earnings for its second quarter.</li>  <li>Ramaco Resources (NASDAQ:METC) is expected to report earnings for its second quarter.</li>  <li>MISTRAS Group (NYSE:MG) is estimated to report earnings for its second quarter.</li>  <li><a href=\"https://laohu8.com/S/RARE\">Ultragenyx Pharmaceutical</a> (NASDAQ:RARE) is estimated to report earnings for its second quarter.</li>  <li>NCS Multistage Holdings (NASDAQ:NCSM) is likely to report earnings for its second quarter.</li>  <li>Itau Unibanco Holding (NYSE:ITUB) is estimated to report earnings for its second quarter.</li>  <li><a href=\"https://laohu8.com/S/SPNE\">SeaSpine</a> Holdings (NASDAQ:SPNE) is projected to report earnings for its second quarter.</li>  <li><a href=\"https://laohu8.com/S/STRL\">Sterling Construction</a> Co (NASDAQ:STRL) is projected to report earnings for its second quarter.</li>  <li>Black <a href=\"https://laohu8.com/S/SGY\">Stone</a> <a href=\"https://laohu8.com/S/MTX\">Minerals</a> (NYSE:BSM) is expected to report earnings for its second quarter.</li>  <li>Ciner Resources (NYSE:CINR) is projected to report earnings for its second quarter.</li>  <li><a href=\"https://laohu8.com/S/SANM\">Sanmina</a> (NASDAQ:SANM) is likely to report earnings for its third quarter.</li>  <li>SBA <a href=\"https://laohu8.com/S/JCS\">Communications</a> (NASDAQ:SBAC) is projected to report quarterly earnings at $0.68 per share on revenue of $558.05 million.</li>  <li><a href=\"https://laohu8.com/S/ADUS\">Addus HomeCare</a> (NASDAQ:ADUS) is expected to report quarterly earnings at $0.89 per share on revenue of $216.83 million.</li>  <li><a href=\"https://laohu8.com/S/ANET\">Arista Networks</a> (NYSE:ANET) is likely to report quarterly earnings at $2.54 per share on revenue of $687.32 million.</li>  <li><a href=\"https://laohu8.com/S/UIS\">Unisys</a> (NYSE:UIS) is expected to report quarterly earnings at $0.33 per share on revenue of $485.57 million.</li>  <li><a href=\"https://laohu8.com/S/WMB\">Williams</a> Companies (NYSE:WMB) is projected to report quarterly earnings at $0.28 per share on revenue of $1.96 billion.</li>  <li><a href=\"https://laohu8.com/S/ACHC\">Acadia Healthcare</a> Co (NASDAQ:ACHC) is estimated to report quarterly earnings at $0.63 per share on revenue of $560.83 million.</li>  <li><a href=\"https://laohu8.com/S/TTWO\">Take-Two</a> Interactive (NASDAQ:TTWO) is projected to report quarterly earnings at $0.89 per share on revenue of $689.22 million.</li>  <li><a href=\"https://laohu8.com/S/AWR\">American States Water</a> (NYSE:AWR) is likely to report quarterly earnings at $0.69 per share on revenue of $121.54 million.</li>  <li><a href=\"https://laohu8.com/S/NSP\">Insperity</a> (NYSE:NSP) is likely to report quarterly earnings at $0.66 per share on revenue of $1.10 billion.</li>  <li><a href=\"https://laohu8.com/S/O\">Realty Income</a> (NYSE:O) is estimated to report quarterly earnings at $0.37 per share on revenue of $442.42 million.</li>  <li><a href=\"https://laohu8.com/S/BRX\">Brixmor Property</a> Group (NYSE:BRX) is expected to report quarterly earnings at $0.14 per share on revenue of $274.32 million.</li>  <li><a href=\"https://laohu8.com/S/CSWC\">Capital Southwest</a> (NASDAQ:CSWC) is likely to report quarterly earnings at $0.43 per share on revenue of $18.36 million.</li>  <li><a href=\"https://laohu8.com/S/BVN\">Buenaventura Mining</a> Co (NYSE:BVN) is expected to report quarterly earnings at $0.27 per share on revenue of $286.47 million.</li>  <li><a href=\"https://laohu8.com/S/AGII\">Argo</a> Gr Intl Hldgs (NYSE:ARGO) is likely to report quarterly earnings at $0.93 per share on revenue of $461.60 million.</li>  <li><a href=\"https://laohu8.com/S/RIG\">Transocean</a> (NYSE:RIG) is estimated to report quarterly loss at $0.16 per share on revenue of $675.89 million.</li>  <li><a href=\"https://laohu8.com/S/AWK\">American Water</a> Works Co (NYSE:AWK) is projected to report quarterly earnings at $1.09 per share on revenue of $1.01 billion.</li>  <li>Clarus (NASDAQ:CLAR) is estimated to report quarterly earnings at $0.18 per share on revenue of $66.51 million.</li>  <li><a href=\"https://laohu8.com/S/TTI\">Tetra</a> Technologies (NYSE:TTI) is projected to report quarterly earnings at $0.01 per share on revenue of $106.95 million.</li>  <li><a href=\"https://laohu8.com/S/RMBS\">Rambus</a> (NASDAQ:RMBS) is estimated to report quarterly earnings at $0.31 per share on revenue of $106.90 million.</li>  <li><a href=\"https://laohu8.com/S/SEDG\">SolarEdge</a> Technologies (NASDAQ:SEDG) is projected to report quarterly earnings at $1.12 per share on revenue of $454.69 million.</li>  <li><a href=\"https://laohu8.com/S/AMRC\">Ameresco</a> (NYSE:AMRC) is expected to report quarterly earnings at $0.26 per share on revenue of $259.86 million.</li>  <li>BWX Technologies (NYSE:BWXT) is likely to report quarterly earnings at $0.72 per share on revenue of $522.68 million.</li>  <li><a href=\"https:/</p><p><blockquote><ul><li><a href=\"https://laohu8.com/S/IPI\">无畏钾肥</a>（纽约证券交易所股票代码：IPI）预计将公布第二季度收益。</li><li>Ramaco Resources（纳斯达克股票代码：METC）预计将公布第二季度收益。</li><li>MISTRAS Group（纽约证券交易所股票代码：MG）预计将公布第二季度收益。</li><li><a href=\"https://laohu8.com/S/RARE\">Ultragenyx制药</a>（纳斯达克：罕见）预计将公布第二季度收益。</li><li>NCS Multistage Holdings（纳斯达克：NCSM）可能会公布第二季度收益。</li><li>Itau Unibanco Holding（纽约证券交易所股票代码：ITUB）预计将公布第二季度收益。</li><li><a href=\"https://laohu8.com/S/SPNE\">海松</a>控股公司（纳斯达克股票代码：SPNE）预计将公布第二季度收益。</li><li><a href=\"https://laohu8.com/S/STRL\">斯特林建筑公司</a>Co（纳斯达克股票代码：STRL）预计将公布第二季度收益。</li><li>黑色<a href=\"https://laohu8.com/S/SGY\">石头</a><a href=\"https://laohu8.com/S/MTX\">矿物</a>（纽约证券交易所股票代码：BSM）预计将公布第二季度收益。</li><li>Ciner Resources（纽约证券交易所股票代码：CINR）预计将公布第二季度收益。</li><li><a href=\"https://laohu8.com/S/SANM\">桑米纳</a>（纳斯达克：SANM）可能会公布第三季度收益。</li><li>小型企业管理局<a href=\"https://laohu8.com/S/JCS\">通讯</a>（纳斯达克股票代码：SBAC）预计季度收益为每股0.68美元，营收为5.5805亿美元。</li><li><a href=\"https://laohu8.com/S/ADUS\">Addus家庭护理</a>（纳斯达克股票代码：ADUS）预计季度收益为每股0.89美元，营收为2.1683亿美元。</li><li><a href=\"https://laohu8.com/S/ANET\">阿里斯塔网络</a>（纽约证券交易所股票代码：ANET）可能公布季度收益为每股2.54美元，营收为6.8732亿美元。</li><li><a href=\"https://laohu8.com/S/UIS\">Unisys</a>（纽约证券交易所股票代码：UIS）预计季度收益为每股0.33美元，营收为4.8557亿美元。</li><li><a href=\"https://laohu8.com/S/WMB\">威廉姆斯</a>Companies（纽约证券交易所股票代码：WMB）预计季度收益为每股0.28美元，营收为19.6亿美元。</li><li><a href=\"https://laohu8.com/S/ACHC\">阿卡迪亚医疗保健</a>Co（纳斯达克股票代码：ACHC）预计季度收益为每股0.63美元，营收为5.6083亿美元。</li><li><a href=\"https://laohu8.com/S/TTWO\">Take-Two</a>Interactive（纳斯达克股票代码：TTWO）预计季度收益为每股0.89美元，营收为6.8922亿美元。</li><li><a href=\"https://laohu8.com/S/AWR\">美国各州水务</a>（纽约证券交易所股票代码：AWR）可能公布季度收益为每股0.69美元，营收为1.2154亿美元。</li><li><a href=\"https://laohu8.com/S/NSP\">创新</a>（纽约证券交易所股票代码：NSP）可能公布季度收益为每股0.66美元，营收为11亿美元。</li><li><a href=\"https://laohu8.com/S/O\">房地产收入</a>（纽约证券交易所股票代码：O）预计季度收益为每股0.37美元，营收为4.4242亿美元。</li><li><a href=\"https://laohu8.com/S/BRX\">布里克斯莫尔财产</a>集团（纽约证券交易所股票代码：BRX）预计季度收益为每股0.14美元，营收为2.7432亿美元。</li><li><a href=\"https://laohu8.com/S/CSWC\">首都西南</a>（纳斯达克股票代码：CSWC）可能公布季度收益为每股0.43美元，营收为1836万美元。</li><li><a href=\"https://laohu8.com/S/BVN\">布埃纳文图拉矿业公司</a>Co（纽约证券交易所股票代码：BVN）预计季度收益为每股0.27美元，营收为2.8647亿美元。</li><li><a href=\"https://laohu8.com/S/AGII\">阿尔戈</a>Gr Intl Hldgs（纽约证券交易所股票代码：ARGO）可能公布季度收益为每股0.93美元，营收为4.616亿美元。</li><li><a href=\"https://laohu8.com/S/RIG\">越洋</a>（纽约证券交易所股票代码：RIG）预计季度亏损为每股0.16美元，营收为6.7589亿美元。</li><li><a href=\"https://laohu8.com/S/AWK\">美国水务公司</a>Works Co（纽约证券交易所股票代码：AWK）预计季度收益为每股1.09美元，营收为10.1亿美元。</li><li>Clarus（纳斯达克股票代码：CLAR）预计季度收益为每股0.18美元，营收为6651万美元。</li><li><a href=\"https://laohu8.com/S/TTI\">Tetra</a>Technologies（纽约证券交易所股票代码：TTI）预计季度收益为每股0.01美元，营收为1.0695亿美元。</li><li><a href=\"https://laohu8.com/S/RMBS\">Rambus</a>（纳斯达克：RMBS）预计季度收益为每股0.31美元，营收为1.069亿美元。</li><li><a href=\"https://laohu8.com/S/SEDG\">SolarEdge</a>Technologies（纳斯达克股票代码：SEDG）预计季度收益为每股1.12美元，营收为4.5469亿美元。</li><li><a href=\"https://laohu8.com/S/AMRC\">美国人</a>（纽约证券交易所股票代码：AMRC）预计季度收益为每股0.26美元，营收为2.5986亿美元。</li><li>BWX Technologies（纽约证券交易所股票代码：BWXT）可能公布季度收益为每股0.72美元，营收为5.2268亿美元。</li><li>&lt;a href=\"https：/</li></ul></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>Earnings Scheduled For August 2, 2021<blockquote>预计2021年8月2日收益</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; 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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\">\nEarnings Scheduled For August 2, 2021<blockquote>预计2021年8月2日收益</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\">2021-08-02 16:32</p>\n</div>\n</div>\n</h4>\n</header>\n<article>\n<p><b>Companies Reporting Before The Bell</b></p><p><blockquote><b>公司在盘前发布报告</b></blockquote></p><p> <ul>  <li>HSBC Holdings (NYSE:HSBC) is estimated to report earnings for its second quarter.</li>  <li>Addex Therapeutics (NASDAQ:ADXN) is estimated to report earnings for its second quarter.</li>  <li><a href=\"https://laohu8.com/S/TGTX\">TG Therapeutics</a> (NASDAQ:TGTX) is expected to report earnings for its second quarter.</li>  <li><a href=\"https://laohu8.com/S/NERV\">Minerva Neurosciences</a> (NASDAQ:NERV) is likely to report quarterly loss at $0.17 per share on revenue of $570.00 thousand.</li>  <li>Alexander's (NYSE:ALX) is likely to report earnings for its second quarter.</li>  <li>Ferrari (NYSE:RACE) is projected to report quarterly earnings at $1.20 per share on revenue of $1.25 billion.</li>  <li><a href=\"https://laohu8.com/S/GPRE\">Green Plains</a> (NASDAQ:GPRE) is likely to report quarterly loss at $0.23 per share on revenue of $715.42 million.</li>  <li><a href=\"https://laohu8.com/S/CRNT\">Ceragon Networks</a> (NASDAQ:CRNT) is estimated to report quarterly loss at $0.04 per share on revenue of $65.13 million.</li>  <li><a href=\"https://laohu8.com/S/GPN\">Global Payments</a> (NYSE:GPN) is likely to report quarterly earnings at $1.89 per share on revenue of $1.85 billion.</li>  <li><a href=\"https://laohu8.com/S/TSEM\">Tower Semiconductor</a> (NASDAQ:TSEM) is expected to report quarterly earnings at $0.33 per share on revenue of $359.75 million.</li>  <li>DSP Group (NASDAQ:DSPG) is likely to report quarterly earnings at $0.08 per share on revenue of $35.00 million.</li>  <li><a href=\"https://laohu8.com/S/GNBC\">Green</a> Plains Partners (NASDAQ:GPP) is estimated to report earnings for its second quarter.</li>  <li><a href=\"https://laohu8.com/S/TKR\">Timken</a> (NYSE:TKR) is projected to report quarterly earnings at $1.45 per share on revenue of $1.05 billion.</li>  <li><a href=\"https://laohu8.com/S/STL\">Sterling</a> Bancorp (NASDAQ:SBT) is projected to report quarterly earnings at $0.06 per share on revenue of $23.17 million.</li>  <li>JELD-WEN Holding (NYSE:JELD) is estimated to report quarterly earnings at $0.61 per share on revenue of $1.16 billion.</li>  <li><a href=\"https://laohu8.com/S/ON\">ON Semiconductor</a> (NASDAQ:ON) is expected to report quarterly earnings at $0.49 per share on revenue of $1.62 billion.</li>  <li>KnowBe4 (NASDAQ:KNBE) is likely to report quarterly loss at $0.02 per share on revenue of $56.37 million.</li>  <li><a href=\"https://laohu8.com/S/RADA\">Rada Electronics</a> Industri (NASDAQ:RADA) is projected to report quarterly earnings at $0.09 per share on revenue of $27.98 million.</li>  <li>Hayward Holdings (NYSE:HAYW) is projected to report quarterly earnings at $0.28 per share on revenue of $339.28 million.</li>  <li>DBV Technologies (NASDAQ:DBVT) is projected to report quarterly loss at $0.57 per share on revenue of $3.18 million.</li>  <li>RumbleON (NASDAQ:RMBL) is likely to report quarterly earnings at $0.06 per share on revenue of $143.40 million.</li>  <li>CNA Financial (NYSE:CNA) is projected to report quarterly earnings at $1.11 per share on revenue of $2.06 billion.</li>  <li><a href=\"https://laohu8.com/S/ARCB\">ArcBest</a> (NASDAQ:ARCB) is expected to report quarterly earnings at $1.61 per share on revenue of $915.95 million.</li>  <li><a href=\"https://laohu8.com/S/L\">Loews</a> (NYSE:L) is likely to report earnings for its second quarter.</li>  <li><a href=\"https://laohu8.com/S/MTU\">Mitsubishi UFJ</a> Financial (NYSE:MUFG) is likely to report earnings for its first quarter.</li> </ul> <b>Companies Reporting After The Bell</b></p><p><blockquote><ul><li>汇丰控股（纽约证券交易所股票代码：HSBC）预计将公布第二季度收益。</li><li>Addex Therapeutics（纳斯达克股票代码：ADXN）预计将公布第二季度收益。</li><li><a href=\"https://laohu8.com/S/TGTX\">TG治疗</a>（纳斯达克：TGTX）预计将公布第二季度收益。</li><li><a href=\"https://laohu8.com/S/NERV\">密涅瓦神经科学</a>（纳斯达克：NERV）可能报告季度亏损为每股0.17美元，营收为57万美元。</li><li>亚历山大（纽约证券交易所股票代码：ALX）可能会公布第二季度收益。</li><li>法拉利（纽约证券交易所股票代码：RACE）预计季度收益为每股1.20美元，营收为12.5亿美元。</li><li><a href=\"https://laohu8.com/S/GPRE\">绿色平原</a>（纳斯达克股票代码：GPRE）可能报告季度亏损为每股0.23美元，营收为7.1542亿美元。</li><li><a href=\"https://laohu8.com/S/CRNT\">Ceragon网络</a>（纳斯达克股票代码：CRNT）预计季度亏损为每股0.04美元，营收为6513万美元。</li><li><a href=\"https://laohu8.com/S/GPN\">全球支付</a>（纽约证券交易所股票代码：GPN）可能公布季度收益为每股1.89美元，营收为18.5亿美元。</li><li><a href=\"https://laohu8.com/S/TSEM\">塔式半导体</a>（纳斯达克：TSEM）预计季度收益为每股0.33美元，营收为3.5975亿美元。</li><li>DSP Group（纳斯达克股票代码：DSPG）可能公布季度收益为每股0.08美元，营收为3500万美元。</li><li><a href=\"https://laohu8.com/S/GNBC\">绿色</a>Plains Partners（纳斯达克：GPP）预计将公布第二季度收益。</li><li><a href=\"https://laohu8.com/S/TKR\">铁姆肯</a>（纽约证券交易所股票代码：TKR）预计季度收益为每股1.45美元，营收为10.5亿美元。</li><li><a href=\"https://laohu8.com/S/STL\">英镑</a>Bancorp（纳斯达克股票代码：SBT）预计季度收益为每股0.06美元，营收为2317万美元。</li><li>JELD-WEN Holding（纽约证券交易所股票代码：JELD）预计季度收益为每股0.61美元，营收为11.6亿美元。</li><li><a href=\"https://laohu8.com/S/ON\">安森美半导体</a>（纳斯达克：ON）预计季度收益为每股0.49美元，营收为16.2亿美元。</li><li>KnowBe4（纳斯达克：KNBE）可能报告季度亏损为每股0.02美元，营收为5637万美元。</li><li><a href=\"https://laohu8.com/S/RADA\">拉达电子</a>Industri（纳斯达克：RADA）预计季度收益为每股0.09美元，营收为2798万美元。</li><li>Hayward Holdings（纽约证券交易所股票代码：HAYW）预计季度收益为每股0.28美元，营收为3.3928亿美元。</li><li>DBV Technologies（纳斯达克股票代码：DBVT）预计季度亏损为每股0.57美元，营收为318万美元。</li><li>RumbleON（纳斯达克：RMBL）可能公布季度收益为每股0.06美元，营收为1.434亿美元。</li><li>CNA Financial（纽约证券交易所股票代码：CNA）预计季度收益为每股1.11美元，营收为20.6亿美元。</li><li><a href=\"https://laohu8.com/S/ARCB\">ArcBest</a>（纳斯达克股票代码：ARCB）预计季度收益为每股1.61美元，营收为9.1595亿美元。</li><li><a href=\"https://laohu8.com/S/L\">洛伊斯</a>（纽约证券交易所股票代码：L）可能会公布第二季度收益。</li><li><a href=\"https://laohu8.com/S/MTU\">三菱UFJ</a>金融公司（纽约证券交易所股票代码：MUFG）可能会公布第一季度收益。</li></ul><b>盘后报告的公司</b></blockquote></p><p></p><p> <ul>  <li><a href=\"https://laohu8.com/S/IPI\">Intrepid Potash</a> (NYSE:IPI) is projected to report earnings for its second quarter.</li>  <li>Ramaco Resources (NASDAQ:METC) is expected to report earnings for its second quarter.</li>  <li>MISTRAS Group (NYSE:MG) is estimated to report earnings for its second quarter.</li>  <li><a href=\"https://laohu8.com/S/RARE\">Ultragenyx Pharmaceutical</a> (NASDAQ:RARE) is estimated to report earnings for its second quarter.</li>  <li>NCS Multistage Holdings (NASDAQ:NCSM) is likely to report earnings for its second quarter.</li>  <li>Itau Unibanco Holding (NYSE:ITUB) is estimated to report earnings for its second quarter.</li>  <li><a href=\"https://laohu8.com/S/SPNE\">SeaSpine</a> Holdings (NASDAQ:SPNE) is projected to report earnings for its second quarter.</li>  <li><a href=\"https://laohu8.com/S/STRL\">Sterling Construction</a> Co (NASDAQ:STRL) is projected to report earnings for its second quarter.</li>  <li>Black <a href=\"https://laohu8.com/S/SGY\">Stone</a> <a href=\"https://laohu8.com/S/MTX\">Minerals</a> (NYSE:BSM) is expected to report earnings for its second quarter.</li>  <li>Ciner Resources (NYSE:CINR) is projected to report earnings for its second quarter.</li>  <li><a href=\"https://laohu8.com/S/SANM\">Sanmina</a> (NASDAQ:SANM) is likely to report earnings for its third quarter.</li>  <li>SBA <a href=\"https://laohu8.com/S/JCS\">Communications</a> (NASDAQ:SBAC) is projected to report quarterly earnings at $0.68 per share on revenue of $558.05 million.</li>  <li><a href=\"https://laohu8.com/S/ADUS\">Addus HomeCare</a> (NASDAQ:ADUS) is expected to report quarterly earnings at $0.89 per share on revenue of $216.83 million.</li>  <li><a href=\"https://laohu8.com/S/ANET\">Arista Networks</a> (NYSE:ANET) is likely to report quarterly earnings at $2.54 per share on revenue of $687.32 million.</li>  <li><a href=\"https://laohu8.com/S/UIS\">Unisys</a> (NYSE:UIS) is expected to report quarterly earnings at $0.33 per share on revenue of $485.57 million.</li>  <li><a href=\"https://laohu8.com/S/WMB\">Williams</a> Companies (NYSE:WMB) is projected to report quarterly earnings at $0.28 per share on revenue of $1.96 billion.</li>  <li><a href=\"https://laohu8.com/S/ACHC\">Acadia Healthcare</a> Co (NASDAQ:ACHC) is estimated to report quarterly earnings at $0.63 per share on revenue of $560.83 million.</li>  <li><a href=\"https://laohu8.com/S/TTWO\">Take-Two</a> Interactive (NASDAQ:TTWO) is projected to report quarterly earnings at $0.89 per share on revenue of $689.22 million.</li>  <li><a href=\"https://laohu8.com/S/AWR\">American States Water</a> (NYSE:AWR) is likely to report quarterly earnings at $0.69 per share on revenue of $121.54 million.</li>  <li><a href=\"https://laohu8.com/S/NSP\">Insperity</a> (NYSE:NSP) is likely to report quarterly earnings at $0.66 per share on revenue of $1.10 billion.</li>  <li><a href=\"https://laohu8.com/S/O\">Realty Income</a> (NYSE:O) is estimated to report quarterly earnings at $0.37 per share on revenue of $442.42 million.</li>  <li><a href=\"https://laohu8.com/S/BRX\">Brixmor Property</a> Group (NYSE:BRX) is expected to report quarterly earnings at $0.14 per share on revenue of $274.32 million.</li>  <li><a href=\"https://laohu8.com/S/CSWC\">Capital Southwest</a> (NASDAQ:CSWC) is likely to report quarterly earnings at $0.43 per share on revenue of $18.36 million.</li>  <li><a href=\"https://laohu8.com/S/BVN\">Buenaventura Mining</a> Co (NYSE:BVN) is expected to report quarterly earnings at $0.27 per share on revenue of $286.47 million.</li>  <li><a href=\"https://laohu8.com/S/AGII\">Argo</a> Gr Intl Hldgs (NYSE:ARGO) is likely to report quarterly earnings at $0.93 per share on revenue of $461.60 million.</li>  <li><a href=\"https://laohu8.com/S/RIG\">Transocean</a> (NYSE:RIG) is estimated to report quarterly loss at $0.16 per share on revenue of $675.89 million.</li>  <li><a href=\"https://laohu8.com/S/AWK\">American Water</a> Works Co (NYSE:AWK) is projected to report quarterly earnings at $1.09 per share on revenue of $1.01 billion.</li>  <li>Clarus (NASDAQ:CLAR) is estimated to report quarterly earnings at $0.18 per share on revenue of $66.51 million.</li>  <li><a href=\"https://laohu8.com/S/TTI\">Tetra</a> Technologies (NYSE:TTI) is projected to report quarterly earnings at $0.01 per share on revenue of $106.95 million.</li>  <li><a href=\"https://laohu8.com/S/RMBS\">Rambus</a> (NASDAQ:RMBS) is estimated to report quarterly earnings at $0.31 per share on revenue of $106.90 million.</li>  <li><a href=\"https://laohu8.com/S/SEDG\">SolarEdge</a> Technologies (NASDAQ:SEDG) is projected to report quarterly earnings at $1.12 per share on revenue of $454.69 million.</li>  <li><a href=\"https://laohu8.com/S/AMRC\">Ameresco</a> (NYSE:AMRC) is expected to report quarterly earnings at $0.26 per share on revenue of $259.86 million.</li>  <li>BWX Technologies (NYSE:BWXT) is likely to report quarterly earnings at $0.72 per share on revenue of $522.68 million.</li>  <li><a href=\"https:/</p><p><blockquote><ul><li><a href=\"https://laohu8.com/S/IPI\">无畏钾肥</a>（纽约证券交易所股票代码：IPI）预计将公布第二季度收益。</li><li>Ramaco Resources（纳斯达克股票代码：METC）预计将公布第二季度收益。</li><li>MISTRAS Group（纽约证券交易所股票代码：MG）预计将公布第二季度收益。</li><li><a href=\"https://laohu8.com/S/RARE\">Ultragenyx制药</a>（纳斯达克：罕见）预计将公布第二季度收益。</li><li>NCS Multistage Holdings（纳斯达克：NCSM）可能会公布第二季度收益。</li><li>Itau Unibanco Holding（纽约证券交易所股票代码：ITUB）预计将公布第二季度收益。</li><li><a href=\"https://laohu8.com/S/SPNE\">海松</a>控股公司（纳斯达克股票代码：SPNE）预计将公布第二季度收益。</li><li><a href=\"https://laohu8.com/S/STRL\">斯特林建筑公司</a>Co（纳斯达克股票代码：STRL）预计将公布第二季度收益。</li><li>黑色<a href=\"https://laohu8.com/S/SGY\">石头</a><a href=\"https://laohu8.com/S/MTX\">矿物</a>（纽约证券交易所股票代码：BSM）预计将公布第二季度收益。</li><li>Ciner Resources（纽约证券交易所股票代码：CINR）预计将公布第二季度收益。</li><li><a href=\"https://laohu8.com/S/SANM\">桑米纳</a>（纳斯达克：SANM）可能会公布第三季度收益。</li><li>小型企业管理局<a href=\"https://laohu8.com/S/JCS\">通讯</a>（纳斯达克股票代码：SBAC）预计季度收益为每股0.68美元，营收为5.5805亿美元。</li><li><a href=\"https://laohu8.com/S/ADUS\">Addus家庭护理</a>（纳斯达克股票代码：ADUS）预计季度收益为每股0.89美元，营收为2.1683亿美元。</li><li><a href=\"https://laohu8.com/S/ANET\">阿里斯塔网络</a>（纽约证券交易所股票代码：ANET）可能公布季度收益为每股2.54美元，营收为6.8732亿美元。</li><li><a href=\"https://laohu8.com/S/UIS\">Unisys</a>（纽约证券交易所股票代码：UIS）预计季度收益为每股0.33美元，营收为4.8557亿美元。</li><li><a href=\"https://laohu8.com/S/WMB\">威廉姆斯</a>Companies（纽约证券交易所股票代码：WMB）预计季度收益为每股0.28美元，营收为19.6亿美元。</li><li><a href=\"https://laohu8.com/S/ACHC\">阿卡迪亚医疗保健</a>Co（纳斯达克股票代码：ACHC）预计季度收益为每股0.63美元，营收为5.6083亿美元。</li><li><a href=\"https://laohu8.com/S/TTWO\">Take-Two</a>Interactive（纳斯达克股票代码：TTWO）预计季度收益为每股0.89美元，营收为6.8922亿美元。</li><li><a href=\"https://laohu8.com/S/AWR\">美国各州水务</a>（纽约证券交易所股票代码：AWR）可能公布季度收益为每股0.69美元，营收为1.2154亿美元。</li><li><a href=\"https://laohu8.com/S/NSP\">创新</a>（纽约证券交易所股票代码：NSP）可能公布季度收益为每股0.66美元，营收为11亿美元。</li><li><a href=\"https://laohu8.com/S/O\">房地产收入</a>（纽约证券交易所股票代码：O）预计季度收益为每股0.37美元，营收为4.4242亿美元。</li><li><a href=\"https://laohu8.com/S/BRX\">布里克斯莫尔财产</a>集团（纽约证券交易所股票代码：BRX）预计季度收益为每股0.14美元，营收为2.7432亿美元。</li><li><a href=\"https://laohu8.com/S/CSWC\">首都西南</a>（纳斯达克股票代码：CSWC）可能公布季度收益为每股0.43美元，营收为1836万美元。</li><li><a href=\"https://laohu8.com/S/BVN\">布埃纳文图拉矿业公司</a>Co（纽约证券交易所股票代码：BVN）预计季度收益为每股0.27美元，营收为2.8647亿美元。</li><li><a href=\"https://laohu8.com/S/AGII\">阿尔戈</a>Gr Intl Hldgs（纽约证券交易所股票代码：ARGO）可能公布季度收益为每股0.93美元，营收为4.616亿美元。</li><li><a href=\"https://laohu8.com/S/RIG\">越洋</a>（纽约证券交易所股票代码：RIG）预计季度亏损为每股0.16美元，营收为6.7589亿美元。</li><li><a href=\"https://laohu8.com/S/AWK\">美国水务公司</a>Works Co（纽约证券交易所股票代码：AWK）预计季度收益为每股1.09美元，营收为10.1亿美元。</li><li>Clarus（纳斯达克股票代码：CLAR）预计季度收益为每股0.18美元，营收为6651万美元。</li><li><a href=\"https://laohu8.com/S/TTI\">Tetra</a>Technologies（纽约证券交易所股票代码：TTI）预计季度收益为每股0.01美元，营收为1.0695亿美元。</li><li><a href=\"https://laohu8.com/S/RMBS\">Rambus</a>（纳斯达克：RMBS）预计季度收益为每股0.31美元，营收为1.069亿美元。</li><li><a href=\"https://laohu8.com/S/SEDG\">SolarEdge</a>Technologies（纳斯达克股票代码：SEDG）预计季度收益为每股1.12美元，营收为4.5469亿美元。</li><li><a href=\"https://laohu8.com/S/AMRC\">美国人</a>（纽约证券交易所股票代码：AMRC）预计季度收益为每股0.26美元，营收为2.5986亿美元。</li><li>BWX Technologies（纽约证券交易所股票代码：BWXT）可能公布季度收益为每股0.72美元，营收为5.2268亿美元。</li><li>&lt;a href=\"https：/</li></ul></blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1184394577","content_text":"Companies Reporting Before The Bell\n\nHSBC Holdings (NYSE:HSBC) is estimated to report earnings for its second quarter.\nAddex Therapeutics (NASDAQ:ADXN) is estimated to report earnings for its second quarter.\nTG Therapeutics (NASDAQ:TGTX) is expected to report earnings for its second quarter.\nMinerva Neurosciences (NASDAQ:NERV) is likely to report quarterly loss at $0.17 per share on revenue of $570.00 thousand.\nAlexander's (NYSE:ALX) is likely to report earnings for its second quarter.\nFerrari (NYSE:RACE) is projected to report quarterly earnings at $1.20 per share on revenue of $1.25 billion.\nGreen Plains (NASDAQ:GPRE) is likely to report quarterly loss at $0.23 per share on revenue of $715.42 million.\nCeragon Networks (NASDAQ:CRNT) is estimated to report quarterly loss at $0.04 per share on revenue of $65.13 million.\nGlobal Payments (NYSE:GPN) is likely to report quarterly earnings at $1.89 per share on revenue of $1.85 billion.\nTower Semiconductor (NASDAQ:TSEM) is expected to report quarterly earnings at $0.33 per share on revenue of $359.75 million.\nDSP Group (NASDAQ:DSPG) is likely to report quarterly earnings at $0.08 per share on revenue of $35.00 million.\nGreen Plains Partners (NASDAQ:GPP) is estimated to report earnings for its second quarter.\nTimken (NYSE:TKR) is projected to report quarterly earnings at $1.45 per share on revenue of $1.05 billion.\nSterling Bancorp (NASDAQ:SBT) is projected to report quarterly earnings at $0.06 per share on revenue of $23.17 million.\nJELD-WEN Holding (NYSE:JELD) is estimated to report quarterly earnings at $0.61 per share on revenue of $1.16 billion.\nON Semiconductor (NASDAQ:ON) is expected to report quarterly earnings at $0.49 per share on revenue of $1.62 billion.\nKnowBe4 (NASDAQ:KNBE) is likely to report quarterly loss at $0.02 per share on revenue of $56.37 million.\nRada Electronics Industri (NASDAQ:RADA) is projected to report quarterly earnings at $0.09 per share on revenue of $27.98 million.\nHayward Holdings (NYSE:HAYW) is projected to report quarterly earnings at $0.28 per share on revenue of $339.28 million.\nDBV Technologies (NASDAQ:DBVT) is projected to report quarterly loss at $0.57 per share on revenue of $3.18 million.\nRumbleON (NASDAQ:RMBL) is likely to report quarterly earnings at $0.06 per share on revenue of $143.40 million.\nCNA Financial (NYSE:CNA) is projected to report quarterly earnings at $1.11 per share on revenue of $2.06 billion.\nArcBest (NASDAQ:ARCB) is expected to report quarterly earnings at $1.61 per share on revenue of $915.95 million.\nLoews (NYSE:L) is likely to report earnings for its second quarter.\nMitsubishi UFJ Financial (NYSE:MUFG) is likely to report earnings for its first quarter.\n\nCompanies Reporting After The Bell\n\nIntrepid Potash (NYSE:IPI) is projected to report earnings for its second quarter.\nRamaco Resources (NASDAQ:METC) is expected to report earnings for its second quarter.\nMISTRAS Group (NYSE:MG) is estimated to report earnings for its second quarter.\nUltragenyx Pharmaceutical (NASDAQ:RARE) is estimated to report earnings for its second quarter.\nNCS Multistage Holdings (NASDAQ:NCSM) is likely to report earnings for its second quarter.\nItau Unibanco Holding (NYSE:ITUB) is estimated to report earnings for its second quarter.\nSeaSpine Holdings (NASDAQ:SPNE) is projected to report earnings for its second quarter.\nSterling Construction Co (NASDAQ:STRL) is projected to report earnings for its second quarter.\nBlack Stone Minerals (NYSE:BSM) is expected to report earnings for its second quarter.\nCiner Resources (NYSE:CINR) is projected to report earnings for its second quarter.\nSanmina (NASDAQ:SANM) is likely to report earnings for its third quarter.\nSBA Communications (NASDAQ:SBAC) is projected to report quarterly earnings at $0.68 per share on revenue of $558.05 million.\nAddus HomeCare (NASDAQ:ADUS) is expected to report quarterly earnings at $0.89 per share on revenue of $216.83 million.\nArista Networks (NYSE:ANET) is likely to report quarterly earnings at $2.54 per share on revenue of $687.32 million.\nUnisys (NYSE:UIS) is expected to report quarterly earnings at $0.33 per share on revenue of $485.57 million.\nWilliams Companies (NYSE:WMB) is projected to report quarterly earnings at $0.28 per share on revenue of $1.96 billion.\nAcadia Healthcare Co (NASDAQ:ACHC) is estimated to report quarterly earnings at $0.63 per share on revenue of $560.83 million.\nTake-Two Interactive (NASDAQ:TTWO) is projected to report quarterly earnings at $0.89 per share on revenue of $689.22 million.\nAmerican States Water (NYSE:AWR) is likely to report quarterly earnings at $0.69 per share on revenue of $121.54 million.\nInsperity (NYSE:NSP) is likely to report quarterly earnings at $0.66 per share on revenue of $1.10 billion.\nRealty Income (NYSE:O) is estimated to report quarterly earnings at $0.37 per share on revenue of $442.42 million.\nBrixmor Property Group (NYSE:BRX) is expected to report quarterly earnings at $0.14 per share on revenue of $274.32 million.\nCapital Southwest (NASDAQ:CSWC) is likely to report quarterly earnings at $0.43 per share on revenue of $18.36 million.\nBuenaventura Mining Co (NYSE:BVN) is expected to report quarterly earnings at $0.27 per share on revenue of $286.47 million.\nArgo Gr Intl Hldgs (NYSE:ARGO) is likely to report quarterly earnings at $0.93 per share on revenue of $461.60 million.\nTransocean (NYSE:RIG) is estimated to report quarterly loss at $0.16 per share on revenue of $675.89 million.\nAmerican Water Works Co (NYSE:AWK) is projected to report quarterly earnings at $1.09 per share on revenue of $1.01 billion.\nClarus (NASDAQ:CLAR) is estimated to report quarterly earnings at $0.18 per share on revenue of $66.51 million.\nTetra Technologies (NYSE:TTI) is projected to report quarterly earnings at $0.01 per share on revenue of $106.95 million.\nRambus (NASDAQ:RMBS) is estimated to report quarterly earnings at $0.31 per share on revenue of $106.90 million.\nSolarEdge Technologies (NASDAQ:SEDG) is projected to report quarterly earnings at $1.12 per share on revenue of $454.69 million.\nAmeresco (NYSE:AMRC) is expected to report quarterly earnings at $0.26 per share on revenue of $259.86 million.\nBWX Technologies (NYSE:BWXT) is likely to report quarterly earnings at $0.72 per share on revenue of $522.68 million.\nSimon Property Group (NYSE:SPG) is estimated to report quarterly earnings at $1.00 per share on revenue of $1.14 billion.\nUltra Clean Holdings (NASDAQ:UCTT) is expected to report quarterly earnings at $0.96 per share on revenue of $505.44 million.\nWoodward (NASDAQ:WWD) is likely to report quarterly earnings at $0.97 per share on revenue of $617.09 million.\nVornado Realty (NYSE:VNO) is expected to report quarterly earnings at $0.10 per share on revenue of $378.90 million.\nPioneer Natural Resources (NYSE:PXD) is estimated to report quarterly earnings at $2.61 per share on revenue of $2.15 billion.\nHorace Mann Educators (NYSE:HMN) is estimated to report quarterly earnings at $1.01 per share on revenue of $336.10 million.\nTrex Co (NYSE:TREX) is estimated to report quarterly earnings at $0.53 per share on revenue of $302.23 million.\nGaia (NASDAQ:GAIA) is projected to report quarterly earnings at $0.02 per share on revenue of $19.30 million.\nFreshpet (NASDAQ:FRPT) is expected to report quarterly loss at $0.04 per share on revenue of $106.08 million.\nMedallion Financial (NASDAQ:MFIN) is projected to report quarterly earnings at $0.29 per share on revenue of $30.91 million.\nOtter Tail (NASDAQ:OTTR) is projected to report quarterly earnings at $0.54 per share on revenue of $224.12 million.\nIntevac (NASDAQ:IVAC) is projected to report quarterly loss at $0.26 per share on revenue of $12.75 million.\nDiamondback Energy (NASDAQ:FANG) is estimated to report quarterly earnings at $2.12 per share on revenue of $1.32 billion.\nONE Gas (NYSE:OGS) is projected to report quarterly earnings at $0.51 per share on revenue of $279.07 million.\nHarmonic (NASDAQ:HLIT) is projected to report earnings for its second quarter.\nGladstone Investment (NASDAQ:GAIN) is projected to report quarterly earnings at $0.19 per share on revenue of $15.15 million.\nStellus Cap Investment (NYSE:SCM) is projected to report quarterly earnings at $0.28 per share on revenue of $15.04 million.\nCenterspace (NYSE:CSR) is expected to report quarterly earnings at $0.03 per share on revenue of $46.73 million.\nDouglas Dynamics (NYSE:PLOW) is projected to report quarterly earnings at $0.63 per share on revenue of $141.53 million.\nCVR Partners (NYSE:UAN) is estimated to report earnings for its second quarter.\nViper Energy Partners (NASDAQ:VNOM) is likely to report quarterly earnings at $0.09 per share on revenue of $85.21 million.\nSI-BONE (NASDAQ:SIBN) is expected to report quarterly loss at $0.39 per share on revenue of $21.96 million.\nVaronis Systems (NASDAQ:VRNS) is likely to report quarterly loss at $0.03 per share on revenue of $83.68 million.\nTactile Systems Tech (NASDAQ:TCMD) is projected to report quarterly earnings at $0.01 per share on revenue of $49.92 million.\nEllington Residential (NYSE:EARN) is estimated to report quarterly earnings at $0.32 per share on revenue of $5.33 million.\nEverQuote (NASDAQ:EVER) is projected to report quarterly loss at $0.10 per share on revenue of $102.29 million.\nDZS (NASDAQ:DZSI) is likely to report quarterly loss at $0.03 per share on revenue of $78.59 million.\nZoomInfo Technologies (NASDAQ:ZI) is expected to report quarterly earnings at $0.12 per share on revenue of $162.34 million.\nUnivar Solns (NYSE:UNVR) is estimated to report quarterly earnings at $0.47 per share on revenue of $2.25 billion.\nUniversal Technical (NYSE:UTI) is likely to report quarterly earnings at $0.03 per share on revenue of $81.60 million.\nTravelCenters Of America (NASDAQ:TA) is projected to report quarterly earnings at $0.26 per share on revenue of $1.75 billion.\nValaris (NYSE:VAL) is expected to report quarterly loss at $0.99 per share on revenue of $285.00 million.\nViemed Healthcare (NASDAQ:VMD) is likely to report quarterly earnings at $0.03 per share on revenue of $27.16 million.\nReynolds Consumer (NASDAQ:REYN) is likely to report quarterly earnings at $0.38 per share on revenue of $891.42 million.\nOmega Healthcare (NYSE:OHI) is estimated to report quarterly earnings at $0.41 per share on revenue of $272.63 million.\nMagnolia Oil & Gas (NYSE:MGY) is projected to report quarterly earnings at $0.36 per share on revenue of $223.94 million.\nKite Realty Gr Trust (NYSE:KRG) is estimated to report quarterly loss at $0.03 per share on revenue of $66.61 million.\nMosaic (NYSE:MOS) is expected to report quarterly earnings at $0.95 per share on revenue of $2.82 billion.\nKennametal (NYSE:KMT) is projected to report quarterly earnings at $0.40 per share on revenue of $514.21 million.\nLeggett & Platt (NYSE:LEG) is projected to report quarterly earnings at $0.54 per share on revenue of $1.23 billion.\nCVR Energy (NYSE:CVI) is expected to report quarterly loss at $0.33 per share on revenue of $1.41 billion.\nEastman Chemical (NYSE:EMN) is estimated to report quarterly earnings at $2.30 per share on revenue of $2.40 billion.\nColumbia Sportswear (NASDAQ:COLM) is estimated to report quarterly loss at $0.08 per share on revenue of $497.57 million.\nBoise Cascade (NYSE:BCC) is projected to report quarterly earnings at $4.34 per share on revenue of $1.99 billion.\nBruker (NASDAQ:BRKR) is estimated to report quarterly earnings at $0.38 per share on revenue of $538.29 million.\nContinental Resources (NYSE:CLR) is projected to report quarterly earnings at $0.47 per share on revenue of $1.08 billion.\nNXP Semiconductors (NASDAQ:NXPI) is expected to report quarterly earnings at $2.31 per share on revenue of $2.58 billion.","news_type":1,"symbols_score_info":{}},"isVote":1,"tweetType":1,"viewCount":1128,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":802727033,"gmtCreate":1627811506022,"gmtModify":1633756185035,"author":{"id":"3582021842674964","authorId":"3582021842674964","name":"Greenbull18","avatar":"https://static.tigerbbs.com/576bc95bff9dffadad04639941613d8e","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3582021842674964","idStr":"3582021842674964"},"themes":[],"htmlText":"[Smile]&nbsp;","listText":"[Smile]&nbsp;","text":"[Smile]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/802727033","repostId":"1167073573","repostType":4,"isVote":1,"tweetType":1,"viewCount":886,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":802891379,"gmtCreate":1627745251591,"gmtModify":1633756683715,"author":{"id":"3582021842674964","authorId":"3582021842674964","name":"Greenbull18","avatar":"https://static.tigerbbs.com/576bc95bff9dffadad04639941613d8e","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3582021842674964","idStr":"3582021842674964"},"themes":[],"htmlText":"[Smile]&nbsp;","listText":"[Smile]&nbsp;","text":"[Smile]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/802891379","repostId":"1154216466","repostType":4,"repost":{"id":"1154216466","kind":"news","pubTimestamp":1627713678,"share":"https://www.laohu8.com/m/news/1154216466?lang=zh_CN&edition=full","pubTime":"2021-07-31 14:41","market":"us","language":"en","title":"Antitrust Activists Want to Go Full Throttle. Here’s a Lesson They Should Consider First<blockquote>反垄断活动人士希望全力以赴。这是他们应该首先考虑的一个教训</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1154216466","media":"Barron's","summary":"About the author: Thomas W. Hazlett is H.H. Macaulay endowed professor of economics at Clemson Unive","content":"<p><i>About the author: Thomas W. Hazlett is H.H. Macaulay endowed professor of economics at Clemson University, and previously served as chief economist of the Federal Communications Commission.&nbsp;His latest book is</i>The Political Spectrum: The Tumultuous Liberation of Wireless Technologies, from Herbert Hoover to the Smartphone.</p><p><blockquote><i>作者简介：托马斯·W·黑兹利特是H.H。麦考利是克莱姆森大学经济学捐赠教授，此前曾担任联邦通信委员会首席经济学家，其最新著作是</i>政治光谱：从赫伯特·胡佛到智能手机，无线技术的混乱解放。</blockquote></p><p> Big Tech is in the antitrust hot seat. But before the Department of Justice tries to break up companies likeGoogleorApple,it should recall the history, and eventual outcome, of theAT&amp;T-Time Warner merger.</p><p><blockquote>大型科技公司陷入反垄断困境。但在司法部试图拆分谷歌或苹果等公司之前，它应该回顾一下美国电话电报公司与时代华纳合并的历史和最终结果。</blockquote></p><p> The DOJ expended extensive time and resources to stop AT&amp;T’s acquisition of Time Warner, marking the department’s first challenge to a major vertical merger in over 40 years. The government was unsuccessful despite its best efforts, which included an appeal to the D.C. Circuit, and time reveals that its concerns were evidently misplaced all along. The merger did not result in higher prices, program blackouts, or even any appreciable advantage for the companies.</p><p><blockquote>DOJ花费了大量时间和资源来阻止美国电话电报公司收购时代华纳，这标志着该部门40多年来首次挑战重大垂直合并。尽管政府尽了最大努力，包括向华盛顿巡回法院上诉，但还是没有成功，《时代》杂志揭示了它的担忧显然一直都是错误的。合并并没有导致更高的价格、项目中断，甚至没有给公司带来任何明显的优势。</blockquote></p><p> In October 2016 AT&amp;Tannouncedits plan to buy Time Warner.&nbsp; Donald Trump’s presidential campaign trashed the merger in a statement: &nbsp;“AT&amp;T … is now trying to buy Time Warner and thus the wildly anti-Trump CNN. Donald Trump would never approve such a deal.”&nbsp; With Trump in office, the DOJ moved to block it.</p><p><blockquote>2016年10月，美国电话电报公司宣布了收购时代华纳的计划。唐纳德·特朗普的总统竞选团队在一份声明中抨击了此次合并：“美国电话电报公司……现在正试图收购时代华纳，从而收购疯狂反特朗普的CNN。唐纳德·特朗普永远不会批准这样的交易。”随着特朗普的上任，DOJ采取行动阻止了它。</blockquote></p><p> In 2017, the DOJ went to court tocomplainthat the merger would “substantially lessen competition in video” by allowing AT&amp;T to “use Time Warner’s ‘must have’” networks like CNN, TNT, TBS, and HBO to raise fees charged to rival cable TV distributors like Comcast or DISH. AT&amp;T, which had acquired national satellite operator DirecTV, could threaten “blackouts” depriving rival distributors of key programs—their subscribers would then quit and flock to DirecTV (AT&amp;T) so as to keep watching CNN or the NBA Playoffs on TNT. Not only would major TV and cable systems be hurt, but emerging online streaming services would be crushed.</p><p><blockquote>2017年，美国司法部向法院投诉称，此次合并将“大大减少视频领域的竞争”，允许美国电话电报公司“使用时代华纳的‘必备’网络，如CNN、TNT、TBS和HBO，提高向竞争对手有线电视收取的费用。康卡斯特或DISH等分销商。收购了国家卫星运营商DirecTV的美国电话电报公司可能会威胁“停电”，剥夺竞争对手分销商的关键节目——他们的订户会退出，涌向DirecTV（美国电话电报公司），以便继续在TNT上观看CNN或NBA季后赛。不仅主要的电视和有线电视系统会受到伤害，新兴的在线流媒体服务也会受到挤压。</blockquote></p><p> The government’s case focused on “vertical leveraging,” where a company uses two complementary products to make it more difficult for rivals to compete in the individual markets.&nbsp;Here, AT&amp;T was combining video content creation with video program distribution; the allegation was that competitors in either segment might be hurt.&nbsp;Yet there are clear efficiencies to be had, as widely found in studies of vertically integrated firms, with joint operations boosting consumer happiness. Buyers at Costco eagerly snap up Costco-supplied Kirkland products—which the retailer stocks in place of those of some independent producers—if they improve price or quality.&nbsp;So facts, not just a story, are needed.&nbsp; District Court Judge Richard J. Leonfoundthat the DOJ case “falls far short of establishing the validity of its… theory.”</p><p><blockquote>政府的案例集中在“垂直杠杆”上，即一家公司使用两种互补的产品，使竞争对手更难在单个市场竞争。在这里，美国电话电报公司将视频内容创作与视频节目分发相结合；指控是，这两个领域的竞争对手都可能受到伤害。然而，正如在对垂直整合公司的研究中广泛发现的那样，联合运营会提高消费者的幸福感，这是显而易见的。如果Costco供应的Kirkland产品提高了价格或质量，Costco的买家就会急切地snap这些产品——零售商用这些产品代替了一些独立生产商的产品。因此，需要的是事实，而不仅仅是一个故事。地区法院法官Richard J.Leon发现，司法部的案件“远远没有证明其……理论的有效性。”</blockquote></p><p> Aside from the political overtones of the case, there was good historical reason to doubt the official complaint. A cable TV programmer combined with (or split from) a video distributor several times in recent years.&nbsp;Vertical integration did not cause higher prices, as shown by econometric analysis. Nor did vertical integration lead to “blackouts,” as the DOJ conceded. A three-judge panel of the D.C. Circuit confirmed Judge Leon’s opinion, finding that “the industry had become dynamic in recent years with the emergence, for example, of Netflix and Hulu.”</p><p><blockquote>除了此案的政治含义，有充分的历史理由怀疑官方的投诉。一家有线电视节目制作商近年来数次与一家视频分销商合并（或分拆）。垂直整合并没有引起更高的价格，如计量经济学分析所示。正如司法部承认的那样，垂直整合也没有导致“停电”。华盛顿巡回法院的三名法官小组证实了莱昂法官的观点，发现“近年来，随着Netflix和Hulu等公司的出现，该行业变得充满活力。”</blockquote></p><p> Owning DirecTV and Time Warner together turned out to be not much advantage, let alone a monopoly. Despite a huge boost in pandemic demand for video content, rivals soon dined on AT&amp;T-Time Warner’s lunch. When AT&amp;T bought DirecTV in 2015, it paid $67 billion.&nbsp;In February 2021, with DirecTV’s satellite subscriber base collapsing, the spun-off operation wasvaluedat $16.3 billion.</p><p><blockquote>事实证明，同时拥有DirecTV和时代华纳并没有多大优势，更不用说垄断了。尽管疫情对视频内容的需求大幅增长，但竞争对手很快就享用了AT&amp;T-时代华纳的午餐。当美国电话电报公司在2015年收购DirecTV时，它支付了670亿美元。2021年2月，随着DirecTV的卫星用户群崩溃，分拆业务的价值为163亿美元。</blockquote></p><p> And AT&amp;Tthen unloaded the video assets of Time Warner. A new enterprise—Warner Bros. Discovery—is being spun off and merged with Discovery (Discovery Channel, Animal Planet, TLC, HGTV, the Food Networkand more). The content-only firm voluntarily severs the link the DOJ critiqued as easy monopoly money. With the allegations of anticompetitive bundling, it has been cast off as not worth the trouble.AT&amp;T shareholders receive $43 billion, less than half the $100 billion AT&amp;T expended (in debt and equity) for Time Warner three years ago. The government’s scenario of anti-competitive vertical integration proved a fantasy.</p><p><blockquote>AT&amp;T当时出售了时代华纳的视频资产。一家新企业——华纳兄弟探索频道——正在剥离并与探索频道（探索频道、动物星球、TLC、HGTV、美食网等）合并。这家只提供内容的公司自愿切断了司法部批评为轻松垄断资金的链接。由于反竞争捆绑的指控，它被认为不值得麻烦。AT&amp;T股东获得了430亿美元，不到三年前AT&amp;T为时代华纳花费的1000亿美元（债务和股权）的一半。事实证明，政府反竞争纵向一体化的设想是一种幻想。</blockquote></p><p></p><p> AT&amp;T’s maneuvers deserve whatever scorn billions in shareholder losses can buy. A cynic might offer that antitrust laws be beefed up to protect against such corporate errors, ignoring that economic penalties—more reliable and harsher than whatever antitrust enforcers might deal—are visibly in place. But little note has been made of the ironic political saga. Policymakers are moving full throttle to enact statutes to beef up antitrust prosecution in tech for exactly what AT&amp;T so spectacularly failed to do in video.&nbsp; Rep. Pramila Jayapal (D-Wash.) and Rep. Lance Gooden (R-Texas) introduced the “Ending Monopoly Platforms Act” that would restrict vertical mergers in online services, for example. At least five other bills for new antitrust rules have been introduced.</p><p><blockquote>美国电话电报公司的策略值得数十亿股东损失所能买到的任何蔑视。愤世嫉俗者可能会建议加强反垄断法，以防止此类企业错误，而忽视了经济处罚——比反垄断执法者可能处理的任何事情都更可靠、更严厉——显然已经到位。但是很少有人注意到这个具有讽刺意味的政治传奇。政策制定者正在全力以赴制定法规，加强科技领域的反垄断起诉，这正是美国电话电报公司在视频领域未能做到的。众议员普拉米拉·贾亚帕尔（D-Wash。）和众议员兰斯·古登（R-Texas）提出了“结束垄断平台法案”，例如，该法案将限制在线服务的垂直合并。至少还有五项新的反垄断规则法案已经出台。</blockquote></p><p> Not only can such policies be expensive legal diversions, they can block the innovations igniting exciting new choices for customers. Netflix has integrated from streaming into movie production, after launching Roku. Hulu was created by News Corp. (Fox) and NBC-Universal (Comcast).&nbsp;Amazon Prime Video, Sling, YouTube TV, Apple TV, Disney Plus, HBO Max and Paramount Plus—each has extended a large media or e-commerce platform. Each evolved from a quest for better products. Treating entrepreneurship as suspect puts the screws to just the disruptions now roiling online entertainment markets. AT&amp;T learned the hard way that owning complementary products is no guarantee of success. </p><p><blockquote>此类政策不仅可能是昂贵的法律转移，还可能阻碍为客户带来令人兴奋的新选择的创新。在推出Roku后，Netflix已从流媒体融入电影制作。Hulu是由新闻集团（Fox）和NBC-Universal（Comcast）创建的。Amazon Prime Video、Sling、YouTube TV、苹果TV、Disney Plus、HBO Max和Paramount Plus——每个都扩展了一个大型媒体或电子商务平台。每一个都是从对更好产品的追求演变而来的。将企业家精神视为嫌疑人只会加剧目前扰乱在线娱乐市场的混乱。美国电话电报公司惨痛地认识到，拥有互补产品并不能保证成功。</blockquote></p><p></p>","source":"lsy1610680873436","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Antitrust Activists Want to Go Full Throttle. Here’s a Lesson They Should Consider First<blockquote>反垄断活动人士希望全力以赴。这是他们应该首先考虑的一个教训</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\">\nAntitrust Activists Want to Go Full Throttle. Here’s a Lesson They Should Consider First<blockquote>反垄断活动人士希望全力以赴。这是他们应该首先考虑的一个教训</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Barron's</strong><span class=\"h-time small\">2021-07-31 14:41</span>\n</p>\n</h4>\n</header>\n<article>\n<p><i>About the author: Thomas W. Hazlett is H.H. Macaulay endowed professor of economics at Clemson University, and previously served as chief economist of the Federal Communications Commission.&nbsp;His latest book is</i>The Political Spectrum: The Tumultuous Liberation of Wireless Technologies, from Herbert Hoover to the Smartphone.</p><p><blockquote><i>作者简介：托马斯·W·黑兹利特是H.H。麦考利是克莱姆森大学经济学捐赠教授，此前曾担任联邦通信委员会首席经济学家，其最新著作是</i>政治光谱：从赫伯特·胡佛到智能手机，无线技术的混乱解放。</blockquote></p><p> Big Tech is in the antitrust hot seat. But before the Department of Justice tries to break up companies likeGoogleorApple,it should recall the history, and eventual outcome, of theAT&amp;T-Time Warner merger.</p><p><blockquote>大型科技公司陷入反垄断困境。但在司法部试图拆分谷歌或苹果等公司之前，它应该回顾一下美国电话电报公司与时代华纳合并的历史和最终结果。</blockquote></p><p> The DOJ expended extensive time and resources to stop AT&amp;T’s acquisition of Time Warner, marking the department’s first challenge to a major vertical merger in over 40 years. The government was unsuccessful despite its best efforts, which included an appeal to the D.C. Circuit, and time reveals that its concerns were evidently misplaced all along. The merger did not result in higher prices, program blackouts, or even any appreciable advantage for the companies.</p><p><blockquote>DOJ花费了大量时间和资源来阻止美国电话电报公司收购时代华纳，这标志着该部门40多年来首次挑战重大垂直合并。尽管政府尽了最大努力，包括向华盛顿巡回法院上诉，但还是没有成功，《时代》杂志揭示了它的担忧显然一直都是错误的。合并并没有导致更高的价格、项目中断，甚至没有给公司带来任何明显的优势。</blockquote></p><p> In October 2016 AT&amp;Tannouncedits plan to buy Time Warner.&nbsp; Donald Trump’s presidential campaign trashed the merger in a statement: &nbsp;“AT&amp;T … is now trying to buy Time Warner and thus the wildly anti-Trump CNN. Donald Trump would never approve such a deal.”&nbsp; With Trump in office, the DOJ moved to block it.</p><p><blockquote>2016年10月，美国电话电报公司宣布了收购时代华纳的计划。唐纳德·特朗普的总统竞选团队在一份声明中抨击了此次合并：“美国电话电报公司……现在正试图收购时代华纳，从而收购疯狂反特朗普的CNN。唐纳德·特朗普永远不会批准这样的交易。”随着特朗普的上任，DOJ采取行动阻止了它。</blockquote></p><p> In 2017, the DOJ went to court tocomplainthat the merger would “substantially lessen competition in video” by allowing AT&amp;T to “use Time Warner’s ‘must have’” networks like CNN, TNT, TBS, and HBO to raise fees charged to rival cable TV distributors like Comcast or DISH. AT&amp;T, which had acquired national satellite operator DirecTV, could threaten “blackouts” depriving rival distributors of key programs—their subscribers would then quit and flock to DirecTV (AT&amp;T) so as to keep watching CNN or the NBA Playoffs on TNT. Not only would major TV and cable systems be hurt, but emerging online streaming services would be crushed.</p><p><blockquote>2017年，美国司法部向法院投诉称，此次合并将“大大减少视频领域的竞争”，允许美国电话电报公司“使用时代华纳的‘必备’网络，如CNN、TNT、TBS和HBO，提高向竞争对手有线电视收取的费用。康卡斯特或DISH等分销商。收购了国家卫星运营商DirecTV的美国电话电报公司可能会威胁“停电”，剥夺竞争对手分销商的关键节目——他们的订户会退出，涌向DirecTV（美国电话电报公司），以便继续在TNT上观看CNN或NBA季后赛。不仅主要的电视和有线电视系统会受到伤害，新兴的在线流媒体服务也会受到挤压。</blockquote></p><p> The government’s case focused on “vertical leveraging,” where a company uses two complementary products to make it more difficult for rivals to compete in the individual markets.&nbsp;Here, AT&amp;T was combining video content creation with video program distribution; the allegation was that competitors in either segment might be hurt.&nbsp;Yet there are clear efficiencies to be had, as widely found in studies of vertically integrated firms, with joint operations boosting consumer happiness. Buyers at Costco eagerly snap up Costco-supplied Kirkland products—which the retailer stocks in place of those of some independent producers—if they improve price or quality.&nbsp;So facts, not just a story, are needed.&nbsp; District Court Judge Richard J. Leonfoundthat the DOJ case “falls far short of establishing the validity of its… theory.”</p><p><blockquote>政府的案例集中在“垂直杠杆”上，即一家公司使用两种互补的产品，使竞争对手更难在单个市场竞争。在这里，美国电话电报公司将视频内容创作与视频节目分发相结合；指控是，这两个领域的竞争对手都可能受到伤害。然而，正如在对垂直整合公司的研究中广泛发现的那样，联合运营会提高消费者的幸福感，这是显而易见的。如果Costco供应的Kirkland产品提高了价格或质量，Costco的买家就会急切地snap这些产品——零售商用这些产品代替了一些独立生产商的产品。因此，需要的是事实，而不仅仅是一个故事。地区法院法官Richard J.Leon发现，司法部的案件“远远没有证明其……理论的有效性。”</blockquote></p><p> Aside from the political overtones of the case, there was good historical reason to doubt the official complaint. A cable TV programmer combined with (or split from) a video distributor several times in recent years.&nbsp;Vertical integration did not cause higher prices, as shown by econometric analysis. Nor did vertical integration lead to “blackouts,” as the DOJ conceded. A three-judge panel of the D.C. Circuit confirmed Judge Leon’s opinion, finding that “the industry had become dynamic in recent years with the emergence, for example, of Netflix and Hulu.”</p><p><blockquote>除了此案的政治含义，有充分的历史理由怀疑官方的投诉。一家有线电视节目制作商近年来数次与一家视频分销商合并（或分拆）。垂直整合并没有引起更高的价格，如计量经济学分析所示。正如司法部承认的那样，垂直整合也没有导致“停电”。华盛顿巡回法院的三名法官小组证实了莱昂法官的观点，发现“近年来，随着Netflix和Hulu等公司的出现，该行业变得充满活力。”</blockquote></p><p> Owning DirecTV and Time Warner together turned out to be not much advantage, let alone a monopoly. Despite a huge boost in pandemic demand for video content, rivals soon dined on AT&amp;T-Time Warner’s lunch. When AT&amp;T bought DirecTV in 2015, it paid $67 billion.&nbsp;In February 2021, with DirecTV’s satellite subscriber base collapsing, the spun-off operation wasvaluedat $16.3 billion.</p><p><blockquote>事实证明，同时拥有DirecTV和时代华纳并没有多大优势，更不用说垄断了。尽管疫情对视频内容的需求大幅增长，但竞争对手很快就享用了AT&amp;T-时代华纳的午餐。当美国电话电报公司在2015年收购DirecTV时，它支付了670亿美元。2021年2月，随着DirecTV的卫星用户群崩溃，分拆业务的价值为163亿美元。</blockquote></p><p> And AT&amp;Tthen unloaded the video assets of Time Warner. A new enterprise—Warner Bros. Discovery—is being spun off and merged with Discovery (Discovery Channel, Animal Planet, TLC, HGTV, the Food Networkand more). The content-only firm voluntarily severs the link the DOJ critiqued as easy monopoly money. With the allegations of anticompetitive bundling, it has been cast off as not worth the trouble.AT&amp;T shareholders receive $43 billion, less than half the $100 billion AT&amp;T expended (in debt and equity) for Time Warner three years ago. The government’s scenario of anti-competitive vertical integration proved a fantasy.</p><p><blockquote>AT&amp;T当时出售了时代华纳的视频资产。一家新企业——华纳兄弟探索频道——正在剥离并与探索频道（探索频道、动物星球、TLC、HGTV、美食网等）合并。这家只提供内容的公司自愿切断了司法部批评为轻松垄断资金的链接。由于反竞争捆绑的指控，它被认为不值得麻烦。AT&amp;T股东获得了430亿美元，不到三年前AT&amp;T为时代华纳花费的1000亿美元（债务和股权）的一半。事实证明，政府反竞争纵向一体化的设想是一种幻想。</blockquote></p><p></p><p> AT&amp;T’s maneuvers deserve whatever scorn billions in shareholder losses can buy. A cynic might offer that antitrust laws be beefed up to protect against such corporate errors, ignoring that economic penalties—more reliable and harsher than whatever antitrust enforcers might deal—are visibly in place. But little note has been made of the ironic political saga. Policymakers are moving full throttle to enact statutes to beef up antitrust prosecution in tech for exactly what AT&amp;T so spectacularly failed to do in video.&nbsp; Rep. Pramila Jayapal (D-Wash.) and Rep. Lance Gooden (R-Texas) introduced the “Ending Monopoly Platforms Act” that would restrict vertical mergers in online services, for example. At least five other bills for new antitrust rules have been introduced.</p><p><blockquote>美国电话电报公司的策略值得数十亿股东损失所能买到的任何蔑视。愤世嫉俗者可能会建议加强反垄断法，以防止此类企业错误，而忽视了经济处罚——比反垄断执法者可能处理的任何事情都更可靠、更严厉——显然已经到位。但是很少有人注意到这个具有讽刺意味的政治传奇。政策制定者正在全力以赴制定法规，加强科技领域的反垄断起诉，这正是美国电话电报公司在视频领域未能做到的。众议员普拉米拉·贾亚帕尔（D-Wash。）和众议员兰斯·古登（R-Texas）提出了“结束垄断平台法案”，例如，该法案将限制在线服务的垂直合并。至少还有五项新的反垄断规则法案已经出台。</blockquote></p><p> Not only can such policies be expensive legal diversions, they can block the innovations igniting exciting new choices for customers. Netflix has integrated from streaming into movie production, after launching Roku. Hulu was created by News Corp. (Fox) and NBC-Universal (Comcast).&nbsp;Amazon Prime Video, Sling, YouTube TV, Apple TV, Disney Plus, HBO Max and Paramount Plus—each has extended a large media or e-commerce platform. Each evolved from a quest for better products. Treating entrepreneurship as suspect puts the screws to just the disruptions now roiling online entertainment markets. AT&amp;T learned the hard way that owning complementary products is no guarantee of success. </p><p><blockquote>此类政策不仅可能是昂贵的法律转移，还可能阻碍为客户带来令人兴奋的新选择的创新。在推出Roku后，Netflix已从流媒体融入电影制作。Hulu是由新闻集团（Fox）和NBC-Universal（Comcast）创建的。Amazon Prime Video、Sling、YouTube TV、苹果TV、Disney Plus、HBO Max和Paramount Plus——每个都扩展了一个大型媒体或电子商务平台。每一个都是从对更好产品的追求演变而来的。将企业家精神视为嫌疑人只会加剧目前扰乱在线娱乐市场的混乱。美国电话电报公司惨痛地认识到，拥有互补产品并不能保证成功。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.barrons.com/articles/antitrust-activists-want-to-go-full-throttle-heres-a-lesson-they-should-consider-first-51627509048?mod=hp_COMMENTARY_3\">Barron's</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.barrons.com/articles/antitrust-activists-want-to-go-full-throttle-heres-a-lesson-they-should-consider-first-51627509048?mod=hp_COMMENTARY_3","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1154216466","content_text":"About the author: Thomas W. Hazlett is H.H. Macaulay endowed professor of economics at Clemson University, and previously served as chief economist of the Federal Communications Commission. His latest book isThe Political Spectrum: The Tumultuous Liberation of Wireless Technologies, from Herbert Hoover to the Smartphone.\nBig Tech is in the antitrust hot seat. But before the Department of Justice tries to break up companies likeGoogleorApple,it should recall the history, and eventual outcome, of theAT&T-Time Warner merger.\nThe DOJ expended extensive time and resources to stop AT&T’s acquisition of Time Warner, marking the department’s first challenge to a major vertical merger in over 40 years. The government was unsuccessful despite its best efforts, which included an appeal to the D.C. Circuit, and time reveals that its concerns were evidently misplaced all along. The merger did not result in higher prices, program blackouts, or even any appreciable advantage for the companies.\nIn October 2016 AT&Tannouncedits plan to buy Time Warner.  Donald Trump’s presidential campaign trashed the merger in a statement:  “AT&T … is now trying to buy Time Warner and thus the wildly anti-Trump CNN. Donald Trump would never approve such a deal.”  With Trump in office, the DOJ moved to block it.\nIn 2017, the DOJ went to court tocomplainthat the merger would “substantially lessen competition in video” by allowing AT&T to “use Time Warner’s ‘must have’” networks like CNN, TNT, TBS, and HBO to raise fees charged to rival cable TV distributors like Comcast or DISH. AT&T, which had acquired national satellite operator DirecTV, could threaten “blackouts” depriving rival distributors of key programs—their subscribers would then quit and flock to DirecTV (AT&T) so as to keep watching CNN or the NBA Playoffs on TNT. Not only would major TV and cable systems be hurt, but emerging online streaming services would be crushed.\nThe government’s case focused on “vertical leveraging,” where a company uses two complementary products to make it more difficult for rivals to compete in the individual markets. Here, AT&T was combining video content creation with video program distribution; the allegation was that competitors in either segment might be hurt. Yet there are clear efficiencies to be had, as widely found in studies of vertically integrated firms, with joint operations boosting consumer happiness. Buyers at Costco eagerly snap up Costco-supplied Kirkland products—which the retailer stocks in place of those of some independent producers—if they improve price or quality. So facts, not just a story, are needed.  District Court Judge Richard J. Leonfoundthat the DOJ case “falls far short of establishing the validity of its… theory.”\nAside from the political overtones of the case, there was good historical reason to doubt the official complaint. A cable TV programmer combined with (or split from) a video distributor several times in recent years. Vertical integration did not cause higher prices, as shown by econometric analysis. Nor did vertical integration lead to “blackouts,” as the DOJ conceded. A three-judge panel of the D.C. Circuit confirmed Judge Leon’s opinion, finding that “the industry had become dynamic in recent years with the emergence, for example, of Netflix and Hulu.”\nOwning DirecTV and Time Warner together turned out to be not much advantage, let alone a monopoly. Despite a huge boost in pandemic demand for video content, rivals soon dined on AT&T-Time Warner’s lunch. When AT&T bought DirecTV in 2015, it paid $67 billion. In February 2021, with DirecTV’s satellite subscriber base collapsing, the spun-off operation wasvaluedat $16.3 billion.\nAnd AT&Tthen unloaded the video assets of Time Warner. A new enterprise—Warner Bros. Discovery—is being spun off and merged with Discovery (Discovery Channel, Animal Planet, TLC, HGTV, the Food Networkand more). The content-only firm voluntarily severs the link the DOJ critiqued as easy monopoly money. With the allegations of anticompetitive bundling, it has been cast off as not worth the trouble.AT&T shareholders receive $43 billion, less than half the $100 billion AT&T expended (in debt and equity) for Time Warner three years ago. The government’s scenario of anti-competitive vertical integration proved a fantasy.\nAT&T’s maneuvers deserve whatever scorn billions in shareholder losses can buy. A cynic might offer that antitrust laws be beefed up to protect against such corporate errors, ignoring that economic penalties—more reliable and harsher than whatever antitrust enforcers might deal—are visibly in place. But little note has been made of the ironic political saga. Policymakers are moving full throttle to enact statutes to beef up antitrust prosecution in tech for exactly what AT&T so spectacularly failed to do in video.  Rep. Pramila Jayapal (D-Wash.) and Rep. Lance Gooden (R-Texas) introduced the “Ending Monopoly Platforms Act” that would restrict vertical mergers in online services, for example. At least five other bills for new antitrust rules have been introduced.\nNot only can such policies be expensive legal diversions, they can block the innovations igniting exciting new choices for customers. Netflix has integrated from streaming into movie production, after launching Roku. Hulu was created by News Corp. (Fox) and NBC-Universal (Comcast). Amazon Prime Video, Sling, YouTube TV, Apple TV, Disney Plus, HBO Max and Paramount Plus—each has extended a large media or e-commerce platform. Each evolved from a quest for better products. Treating entrepreneurship as suspect puts the screws to just the disruptions now roiling online entertainment markets. AT&T learned the hard way that owning complementary products is no guarantee of success.","news_type":1,"symbols_score_info":{}},"isVote":1,"tweetType":1,"viewCount":774,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":806673646,"gmtCreate":1627655509285,"gmtModify":1633757369516,"author":{"id":"3582021842674964","authorId":"3582021842674964","name":"Greenbull18","avatar":"https://static.tigerbbs.com/576bc95bff9dffadad04639941613d8e","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3582021842674964","idStr":"3582021842674964"},"themes":[],"htmlText":"[Miser]&nbsp;","listText":"[Miser]&nbsp;","text":"[Miser]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/806673646","repostId":"1194710219","repostType":4,"repost":{"id":"1194710219","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":1627652868,"share":"https://www.laohu8.com/m/news/1194710219?lang=zh_CN&edition=full","pubTime":"2021-07-30 21:47","market":"us","language":"en","title":"EV Stocks surged in Friday morning trading<blockquote>电动汽车股周五早盘飙升</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1194710219","media":"Tiger Newspress","summary":"EV Stocks surged in Friday morning trading.Tesla,Nio,Xpeng Motors and Li Auto&nbsp;climbed between 1% and 6%.","content":"<p>EV Stocks surged in Friday morning trading.Tesla,Nio,Xpeng Motors and Li Auto&nbsp;climbed between 1% and 6%.</p><p><blockquote>电动汽车股周五早盘飙升。特斯拉、蔚来、小鹏汽车和理想汽车上涨1%至6%。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/c821968998f7b667eae78a4ed3ede421\" tg-width=\"352\" tg-height=\"594\" width=\"100%\" height=\"auto\"></p><p><blockquote></blockquote></p><p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>EV Stocks surged in Friday morning trading<blockquote>电动汽车股周五早盘飙升</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{ 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}\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\">\nEV Stocks surged in Friday morning trading<blockquote>电动汽车股周五早盘飙升</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\">2021-07-30 21:47</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>EV Stocks surged in Friday morning trading.Tesla,Nio,Xpeng Motors and Li Auto&nbsp;climbed between 1% and 6%.</p><p><blockquote>电动汽车股周五早盘飙升。特斯拉、蔚来、小鹏汽车和理想汽车上涨1%至6%。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/c821968998f7b667eae78a4ed3ede421\" tg-width=\"352\" tg-height=\"594\" width=\"100%\" height=\"auto\"></p><p><blockquote></blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NIU":"小牛电动","LI":"理想汽车","XPEV":"小鹏汽车","NIO":"蔚来","TSLA":"特斯拉"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1194710219","content_text":"EV Stocks surged in Friday morning trading.Tesla,Nio,Xpeng Motors and Li Auto climbed between 1% and 6%.","news_type":1,"symbols_score_info":{"TSLA":0.9,"NIU":0.9,"LI":0.9,"NIO":0.9,"XPEV":0.9}},"isVote":1,"tweetType":1,"viewCount":678,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":808367925,"gmtCreate":1627558602167,"gmtModify":1633763825729,"author":{"id":"3582021842674964","authorId":"3582021842674964","name":"Greenbull18","avatar":"https://static.tigerbbs.com/576bc95bff9dffadad04639941613d8e","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3582021842674964","idStr":"3582021842674964"},"themes":[],"htmlText":"[Happy]&nbsp;","listText":"[Happy]&nbsp;","text":"[Happy]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/808367925","repostId":"2155904362","repostType":4,"isVote":1,"tweetType":1,"viewCount":654,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":803222557,"gmtCreate":1627443227379,"gmtModify":1633764926966,"author":{"id":"3582021842674964","authorId":"3582021842674964","name":"Greenbull18","avatar":"https://static.tigerbbs.com/576bc95bff9dffadad04639941613d8e","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3582021842674964","idStr":"3582021842674964"},"themes":[],"htmlText":"[Cry]&nbsp;","listText":"[Cry]&nbsp;","text":"[Cry]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/803222557","repostId":"2154914046","repostType":4,"isVote":1,"tweetType":1,"viewCount":596,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":151771001,"gmtCreate":1625110033403,"gmtModify":1633944670765,"author":{"id":"3582021842674964","authorId":"3582021842674964","name":"Greenbull18","avatar":"https://static.tigerbbs.com/576bc95bff9dffadad04639941613d8e","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3582021842674964","idStr":"3582021842674964"},"themes":[],"htmlText":"Wow","listText":"Wow","text":"Wow","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/151771001","repostId":"1178516480","repostType":4,"repost":{"id":"1178516480","kind":"news","pubTimestamp":1625094708,"share":"https://www.laohu8.com/m/news/1178516480?lang=zh_CN&edition=full","pubTime":"2021-07-01 07:11","market":"us","language":"en","title":"S&P 500 notches fifth straight record closing high, fifth straight quarterly gain<blockquote>标普500连续第五次创下收盘新高，连续第五个季度上涨</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1178516480","media":"Reuters","summary":"NEW YORK (Reuters) - The S&P 500 nabbed its fifth straight record closing high on Wednesday as inves","content":"<p>NEW YORK (Reuters) - The S&amp;P 500 nabbed its fifth straight record closing high on Wednesday as investors ended the month and the quarter by largely shrugging off positive economic data and looking toward Friday’s highly anticipated employment report.</p><p><blockquote>纽约（路透社）-标普500周三连续第五次创下收盘新高，投资者在本月和本季度结束时基本上摆脱了积极的经济数据，并期待周五备受期待的就业报告。</blockquote></p><p> In the last session of 2021’s first half, the indexes were languid and range-bound, with the blue-chip Dow posting gains, while the Nasdaq edged lower.</p><p><blockquote>在2021年上半年的最后一个交易日，股指低迷且区间震荡，蓝筹股道指上涨，而纳斯达克则小幅走低。</blockquote></p><p> All three indexes posted their fifth consecutive quarterly gains, with the S&amp;P rising 8.2%, the Nasdaq advancing 9.5% and the Dow rising 4.6%. The S&amp;P 500 registered its second-best first-half performance since 1998, rising 14.5%.</p><p><blockquote>三大指数均连续第五个季度上涨，标准普尔指数上涨8.2%，纳斯达克指数上涨9.5%，道指上涨4.6%。标普500上半年表现为1998年以来第二好，上涨14.5%。</blockquote></p><p> “It’s been a good quarter,” said Robert Pavlik, senior portfolio manager at Dakota Wealth in Fairfield, Connecticut. “As of last night’s close, the S&amp;P has gained more than 14% year-to-date, topping the Dow and the Nasdaq. That indicates that the stock market is having a broad rally.”</p><p><blockquote>“这是一个不错的季度，”康涅狄格州费尔菲尔德Dakota Wealth的高级投资组合经理罗伯特·帕夫利克(Robert Pavlik)表示。“截至昨晚收盘，标普今年迄今已上涨超过14%，超过道指和纳斯达克。这表明股市正在出现广泛反弹。”</blockquote></p><p> For the month, the bellwether S&amp;P 500 notched its fifth consecutive advance, while the Dow snapped its four-month winning streak to end slightly lower. The Nasdaq also gained ground in June.</p><p><blockquote>本月，领头羊标普500连续第五次上涨，而道琼斯指数结束了四个月的连涨，小幅收低。纳斯达克在6月份也取得了进展。</blockquote></p><p> This month, investor appetite shifted away from economically sensitive cyclicals in favor of growth stocks.</p><p><blockquote>本月，投资者的兴趣从对经济敏感的周期性股票转向成长型股票。</blockquote></p><p> “Leading sectors year-to-date are what you’d expect,” Pavlik added. “Energy, financials and industrials, and that speaks to an economic environment that’s in the early stages of a cycle.”</p><p><blockquote>“今年迄今为止的领先行业正如你所预期的那样，”帕夫利克补充道。“能源、金融和工业，这表明经济环境正处于周期的早期阶段。”</blockquote></p><p> “(Investors) started the switch back to growth (stocks) after people started to buy in to (Fed Chair Jerome) Powell’s comments that focus on transitory inflation,” Pavlik added.</p><p><blockquote>帕夫利克补充道：“在人们开始接受（美联储主席杰罗姆）鲍威尔关注暂时性通胀的言论后，（投资者）开始转向增长（股票）。”</blockquote></p><p> “Some of the reopening trades have gotten a bit long in the tooth and that’s leading people back to growth.”</p><p><blockquote>“一些重新开放的交易已经持续了一段时间，这正在引导人们恢复增长。”</blockquote></p><p> (Graphic: Growths stocks outperform value in June, narrow YTD gap, )</p><p><blockquote>（图：6月份成长股跑赢价值股，年初至今差距缩小，）</blockquote></p><p> <img src=\"https://static.tigerbbs.com/5b82b4dfdc765d913811f9d8572e60f6\" tg-width=\"964\" tg-height=\"723\" referrerpolicy=\"no-referrer\">“The overall stock market continues to be on a tear, with very consistent gains for quite some time,” said Tim Ghriskey, chief investment strategist at Inverness Counsel in New York. “Valuations, while certainly high by historical standards, have been at a fairly consistent level, benefiting from the economic recovery.”</p><p><blockquote>纽约Inverness Counsel首席投资策略师蒂姆·格里斯基(Tim Ghriskey)表示：“整体股市继续上涨，在相当长一段时间内持续上涨。”“虽然按照历史标准来看估值肯定很高，但受益于经济复苏，估值一直处于相当稳定的水平。”</blockquote></p><p> The private sector added 692,000 jobs in June, breezing past expectations, according to payroll processor ADP. The number is 92,000 higher than the private payroll adds economists predict from the Labor Department’s more comprehensive employment report due on Friday.</p><p><blockquote>根据薪资处理机构ADP的数据，私营部门6月份增加了692,000个就业岗位，轻松超出预期。这一数字比经济学家在劳工部周五发布的更全面的就业报告中预测的私人就业人数高出92,000人。</blockquote></p><p> The Dow Jones Industrial Average rose 210.22 points, or 0.61%, to 34,502.51, the S&amp;P 500 gained 5.7 points, or 0.13%, to 4,297.5 and the Nasdaq Composite dropped 24.38 points, or 0.17%, to 14,503.95.</p><p><blockquote>道琼斯工业平均指数上涨210.22点，涨幅0.61%，至34,502.51点；标普500上涨5.7点，涨幅0.13%，至4,297.5点；纳斯达克综合指数下跌24.38点，涨幅0.17%，至14,503.95点。</blockquote></p><p> Among the 11 major sectors in the S&amp;P, six ended the session higher, with energy enjoying the biggest percentage gain. Real estate was the day’s biggest loser.</p><p><blockquote>在标准普尔11个主要板块中，有6个板块收高，其中能源板块涨幅最大。房地产是当天最大的输家。</blockquote></p><p> Boeing Co gained 1.6% after Germany’s defense ministry announced it would buy five of the planemaker’s P-8A maritime control aircraft, coming on the heels of United Airlines unveiling its largest-ever order for new planes.</p><p><blockquote>德国国防部宣布将购买该飞机制造商的五架P-8A海上控制飞机，波音公司股价上涨1.6%，此前联合航空公布了有史以来最大的新飞机订单。</blockquote></p><p> Walmart jumped 2.7% after announcing on Tuesday that it would start selling a prescription-only insulin analog.</p><p><blockquote>沃尔玛周二宣布将开始销售仅限处方的胰岛素类似物，股价上涨2.7%。</blockquote></p><p> Micron Technology advanced 2.5% ahead of its quarterly earnings release, but was relatively unchanged in after-hours trading following the chipmaker’s quarterly results.</p><p><blockquote>美光科技在季度财报发布前上涨2.5%，但在芯片制造商公布季度业绩后，盘后交易中相对没有变化。</blockquote></p><p> Advancing issues outnumbered declining ones on the NYSE by a 1.35-to-1 ratio; on Nasdaq, a 1.19-to-1 ratio favored decliners.</p><p><blockquote>纽约证券交易所上涨股与下跌股的比例为1.35比1；在纳斯达克，1.19比1的比率有利于下跌股。</blockquote></p><p> The S&amp;P 500 posted 20 new 52-week highs and no new lows; the Nasdaq Composite recorded 70 new highs and 36 new lows.</p><p><blockquote>标普500创下20个52周新高，无新低；纳斯达克综合指数录得70个新高和36个新低。</blockquote></p><p> Volume on U.S. exchanges was 10.85 billion shares, compared with the 11.05 billion average over the last 20 trading days.</p><p><blockquote>美国交易所成交量为108.5亿股，而过去20个交易日的平均成交量为110.5亿股。</blockquote></p><p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>S&P 500 notches fifth straight record closing high, fifth straight quarterly gain<blockquote>标普500连续第五次创下收盘新高，连续第五个季度上涨</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nS&P 500 notches fifth straight record closing high, fifth straight quarterly gain<blockquote>标普500连续第五次创下收盘新高，连续第五个季度上涨</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Reuters</strong><span class=\"h-time small\">2021-07-01 07:11</span>\n</p>\n</h4>\n</header>\n<article>\n<p>NEW YORK (Reuters) - The S&amp;P 500 nabbed its fifth straight record closing high on Wednesday as investors ended the month and the quarter by largely shrugging off positive economic data and looking toward Friday’s highly anticipated employment report.</p><p><blockquote>纽约（路透社）-标普500周三连续第五次创下收盘新高，投资者在本月和本季度结束时基本上摆脱了积极的经济数据，并期待周五备受期待的就业报告。</blockquote></p><p> In the last session of 2021’s first half, the indexes were languid and range-bound, with the blue-chip Dow posting gains, while the Nasdaq edged lower.</p><p><blockquote>在2021年上半年的最后一个交易日，股指低迷且区间震荡，蓝筹股道指上涨，而纳斯达克则小幅走低。</blockquote></p><p> All three indexes posted their fifth consecutive quarterly gains, with the S&amp;P rising 8.2%, the Nasdaq advancing 9.5% and the Dow rising 4.6%. The S&amp;P 500 registered its second-best first-half performance since 1998, rising 14.5%.</p><p><blockquote>三大指数均连续第五个季度上涨，标准普尔指数上涨8.2%，纳斯达克指数上涨9.5%，道指上涨4.6%。标普500上半年表现为1998年以来第二好，上涨14.5%。</blockquote></p><p> “It’s been a good quarter,” said Robert Pavlik, senior portfolio manager at Dakota Wealth in Fairfield, Connecticut. “As of last night’s close, the S&amp;P has gained more than 14% year-to-date, topping the Dow and the Nasdaq. That indicates that the stock market is having a broad rally.”</p><p><blockquote>“这是一个不错的季度，”康涅狄格州费尔菲尔德Dakota Wealth的高级投资组合经理罗伯特·帕夫利克(Robert Pavlik)表示。“截至昨晚收盘，标普今年迄今已上涨超过14%，超过道指和纳斯达克。这表明股市正在出现广泛反弹。”</blockquote></p><p> For the month, the bellwether S&amp;P 500 notched its fifth consecutive advance, while the Dow snapped its four-month winning streak to end slightly lower. The Nasdaq also gained ground in June.</p><p><blockquote>本月，领头羊标普500连续第五次上涨，而道琼斯指数结束了四个月的连涨，小幅收低。纳斯达克在6月份也取得了进展。</blockquote></p><p> This month, investor appetite shifted away from economically sensitive cyclicals in favor of growth stocks.</p><p><blockquote>本月，投资者的兴趣从对经济敏感的周期性股票转向成长型股票。</blockquote></p><p> “Leading sectors year-to-date are what you’d expect,” Pavlik added. “Energy, financials and industrials, and that speaks to an economic environment that’s in the early stages of a cycle.”</p><p><blockquote>“今年迄今为止的领先行业正如你所预期的那样，”帕夫利克补充道。“能源、金融和工业，这表明经济环境正处于周期的早期阶段。”</blockquote></p><p> “(Investors) started the switch back to growth (stocks) after people started to buy in to (Fed Chair Jerome) Powell’s comments that focus on transitory inflation,” Pavlik added.</p><p><blockquote>帕夫利克补充道：“在人们开始接受（美联储主席杰罗姆）鲍威尔关注暂时性通胀的言论后，（投资者）开始转向增长（股票）。”</blockquote></p><p> “Some of the reopening trades have gotten a bit long in the tooth and that’s leading people back to growth.”</p><p><blockquote>“一些重新开放的交易已经持续了一段时间，这正在引导人们恢复增长。”</blockquote></p><p> (Graphic: Growths stocks outperform value in June, narrow YTD gap, )</p><p><blockquote>（图：6月份成长股跑赢价值股，年初至今差距缩小，）</blockquote></p><p> <img src=\"https://static.tigerbbs.com/5b82b4dfdc765d913811f9d8572e60f6\" tg-width=\"964\" tg-height=\"723\" referrerpolicy=\"no-referrer\">“The overall stock market continues to be on a tear, with very consistent gains for quite some time,” said Tim Ghriskey, chief investment strategist at Inverness Counsel in New York. “Valuations, while certainly high by historical standards, have been at a fairly consistent level, benefiting from the economic recovery.”</p><p><blockquote>纽约Inverness Counsel首席投资策略师蒂姆·格里斯基(Tim Ghriskey)表示：“整体股市继续上涨，在相当长一段时间内持续上涨。”“虽然按照历史标准来看估值肯定很高，但受益于经济复苏，估值一直处于相当稳定的水平。”</blockquote></p><p> The private sector added 692,000 jobs in June, breezing past expectations, according to payroll processor ADP. The number is 92,000 higher than the private payroll adds economists predict from the Labor Department’s more comprehensive employment report due on Friday.</p><p><blockquote>根据薪资处理机构ADP的数据，私营部门6月份增加了692,000个就业岗位，轻松超出预期。这一数字比经济学家在劳工部周五发布的更全面的就业报告中预测的私人就业人数高出92,000人。</blockquote></p><p> The Dow Jones Industrial Average rose 210.22 points, or 0.61%, to 34,502.51, the S&amp;P 500 gained 5.7 points, or 0.13%, to 4,297.5 and the Nasdaq Composite dropped 24.38 points, or 0.17%, to 14,503.95.</p><p><blockquote>道琼斯工业平均指数上涨210.22点，涨幅0.61%，至34,502.51点；标普500上涨5.7点，涨幅0.13%，至4,297.5点；纳斯达克综合指数下跌24.38点，涨幅0.17%，至14,503.95点。</blockquote></p><p> Among the 11 major sectors in the S&amp;P, six ended the session higher, with energy enjoying the biggest percentage gain. Real estate was the day’s biggest loser.</p><p><blockquote>在标准普尔11个主要板块中，有6个板块收高，其中能源板块涨幅最大。房地产是当天最大的输家。</blockquote></p><p> Boeing Co gained 1.6% after Germany’s defense ministry announced it would buy five of the planemaker’s P-8A maritime control aircraft, coming on the heels of United Airlines unveiling its largest-ever order for new planes.</p><p><blockquote>德国国防部宣布将购买该飞机制造商的五架P-8A海上控制飞机，波音公司股价上涨1.6%，此前联合航空公布了有史以来最大的新飞机订单。</blockquote></p><p> Walmart jumped 2.7% after announcing on Tuesday that it would start selling a prescription-only insulin analog.</p><p><blockquote>沃尔玛周二宣布将开始销售仅限处方的胰岛素类似物，股价上涨2.7%。</blockquote></p><p> Micron Technology advanced 2.5% ahead of its quarterly earnings release, but was relatively unchanged in after-hours trading following the chipmaker’s quarterly results.</p><p><blockquote>美光科技在季度财报发布前上涨2.5%，但在芯片制造商公布季度业绩后，盘后交易中相对没有变化。</blockquote></p><p> Advancing issues outnumbered declining ones on the NYSE by a 1.35-to-1 ratio; on Nasdaq, a 1.19-to-1 ratio favored decliners.</p><p><blockquote>纽约证券交易所上涨股与下跌股的比例为1.35比1；在纳斯达克，1.19比1的比率有利于下跌股。</blockquote></p><p> The S&amp;P 500 posted 20 new 52-week highs and no new lows; the Nasdaq Composite recorded 70 new highs and 36 new lows.</p><p><blockquote>标普500创下20个52周新高，无新低；纳斯达克综合指数录得70个新高和36个新低。</blockquote></p><p> Volume on U.S. exchanges was 10.85 billion shares, compared with the 11.05 billion average over the last 20 trading days.</p><p><blockquote>美国交易所成交量为108.5亿股，而过去20个交易日的平均成交量为110.5亿股。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.reuters.com/article/us-usa-stocks/sp-500-notches-fifth-straight-record-closing-high-fifth-straight-quarterly-gain-idUSKCN2E619R\">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":{".IXIC":"NASDAQ Composite",".DJI":"道琼斯",".SPX":"S&P 500 Index"},"source_url":"https://www.reuters.com/article/us-usa-stocks/sp-500-notches-fifth-straight-record-closing-high-fifth-straight-quarterly-gain-idUSKCN2E619R","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1178516480","content_text":"NEW YORK (Reuters) - The S&P 500 nabbed its fifth straight record closing high on Wednesday as investors ended the month and the quarter by largely shrugging off positive economic data and looking toward Friday’s highly anticipated employment report.\nIn the last session of 2021’s first half, the indexes were languid and range-bound, with the blue-chip Dow posting gains, while the Nasdaq edged lower.\nAll three indexes posted their fifth consecutive quarterly gains, with the S&P rising 8.2%, the Nasdaq advancing 9.5% and the Dow rising 4.6%. The S&P 500 registered its second-best first-half performance since 1998, rising 14.5%.\n“It’s been a good quarter,” said Robert Pavlik, senior portfolio manager at Dakota Wealth in Fairfield, Connecticut. “As of last night’s close, the S&P has gained more than 14% year-to-date, topping the Dow and the Nasdaq. That indicates that the stock market is having a broad rally.”\nFor the month, the bellwether S&P 500 notched its fifth consecutive advance, while the Dow snapped its four-month winning streak to end slightly lower. The Nasdaq also gained ground in June.\nThis month, investor appetite shifted away from economically sensitive cyclicals in favor of growth stocks.\n“Leading sectors year-to-date are what you’d expect,” Pavlik added. “Energy, financials and industrials, and that speaks to an economic environment that’s in the early stages of a cycle.”\n“(Investors) started the switch back to growth (stocks) after people started to buy in to (Fed Chair Jerome) Powell’s comments that focus on transitory inflation,” Pavlik added.\n“Some of the reopening trades have gotten a bit long in the tooth and that’s leading people back to growth.”\n(Graphic: Growths stocks outperform value in June, narrow YTD gap, )\n“The overall stock market continues to be on a tear, with very consistent gains for quite some time,” said Tim Ghriskey, chief investment strategist at Inverness Counsel in New York. “Valuations, while certainly high by historical standards, have been at a fairly consistent level, benefiting from the economic recovery.”\nThe private sector added 692,000 jobs in June, breezing past expectations, according to payroll processor ADP. The number is 92,000 higher than the private payroll adds economists predict from the Labor Department’s more comprehensive employment report due on Friday.\nThe Dow Jones Industrial Average rose 210.22 points, or 0.61%, to 34,502.51, the S&P 500 gained 5.7 points, or 0.13%, to 4,297.5 and the Nasdaq Composite dropped 24.38 points, or 0.17%, to 14,503.95.\nAmong the 11 major sectors in the S&P, six ended the session higher, with energy enjoying the biggest percentage gain. Real estate was the day’s biggest loser.\nBoeing Co gained 1.6% after Germany’s defense ministry announced it would buy five of the planemaker’s P-8A maritime control aircraft, coming on the heels of United Airlines unveiling its largest-ever order for new planes.\nWalmart jumped 2.7% after announcing on Tuesday that it would start selling a prescription-only insulin analog.\nMicron Technology advanced 2.5% ahead of its quarterly earnings release, but was relatively unchanged in after-hours trading following the chipmaker’s quarterly results.\nAdvancing issues outnumbered declining ones on the NYSE by a 1.35-to-1 ratio; on Nasdaq, a 1.19-to-1 ratio favored decliners.\nThe S&P 500 posted 20 new 52-week highs and no new lows; the Nasdaq Composite recorded 70 new highs and 36 new lows.\nVolume on U.S. exchanges was 10.85 billion shares, compared with the 11.05 billion average over the last 20 trading 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10:35","market":"us","language":"en","title":"Best E-Commerce Stocks To Buy In July 2021? 4 Names In Focus<blockquote>2021年7月最值得购买的电子商务股票？4个名字成为焦点</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1170100655","media":"Nasdaq","summary":"Could These Be The Top E-Commerce Stocks To Watch Right Now?E-commerce stocks had a historic year in thestock marketlast year. Well, it shouldn’t come as a surprise since many countries around the world were sent into lockdown. At that point, most shopping activities were conducted online. So, even those who were skeptical of online shopping initially must have been exposed to e-commerce platforms. This is of course due to the advancement of technology as well. Some company’s platforms such as P","content":"<p>Could These Be The Top E-Commerce Stocks To Watch Right Now?</p><p><blockquote>这些可能是目前最值得关注的电子商务股票吗？</blockquote></p><p> E-commerce stocks had a historic year in thestock marketlast year. Well, it shouldn’t come as a surprise since many countries around the world were sent into lockdown. At that point, most shopping activities were conducted online. So, even those who were skeptical of online shopping initially must have been exposed to e-commerce platforms. This is of course due to the advancement of technology as well. Some company’s platforms such as Pinterest Inc (NYSE: PINS) even have augmented reality features that would allow you to have a rough idea of what you’re getting.</p><p><blockquote>去年，电子商务股票在股市上度过了历史性的一年。嗯，这并不奇怪，因为世界上许多国家都被封锁了。那时，大多数购物活动都是在网上进行的。所以，即使是那些最初对网上购物持怀疑态度的人，也一定接触过电子商务平台。这当然也是由于技术的进步。Pinterest公司（纽约证券交易所股票代码：PINS）等一些公司的平台甚至具有增强现实功能，可以让您大致了解您将获得的内容。</blockquote></p><p> The shift to online shopping has resulted in many emerging e-commerce companies. For example, we have Jumia Technologies (NYSE: JMIA) that aims to be the top online marketplace in the whole of Africa. Perhaps, this should not be overlooked as e-commerce is still a growing sector in Africa. Moreover, JMIA stock has already soared by more than 400% just within the past year. Now, if you are optimistic about the future of e-commerce, here’s a list of fourtop e-commerce stocks to watchin thestock market today.</p><p><blockquote>向网上购物的转变催生了许多新兴的电子商务公司。例如，我们有Jumia Technologies（纽约证券交易所代码：JMIA），其目标是成为整个非洲的顶级在线市场。也许，这不应该被忽视，因为电子商务在非洲仍然是一个不断增长的部门。此外，JMIA股价仅在过去一年内就飙升了400%以上。现在，如果您对电子商务的未来持乐观态度，这里列出了当今股市值得关注的四大电子商务股票。</blockquote></p><p> Best E-Commerce Stocks To Watch</p><p><blockquote>最值得关注的电子商务股票</blockquote></p><p> <ul>  <li><b><a href=\"https://laohu8.com/S/ETSY\">Etsy</a> Inc</b>(NASDAQ: ETSY)</li>  <li><b><a href=\"https://laohu8.com/S/EBAYL\">eBay</a> Inc</b>(NASDAQ: EBAY)</li>  <li><b><a href=\"https://laohu8.com/S/BABA\">Alibaba</a> Group Holding Ltd</b>(NYSE: BABA)</li>  <li><b>Chewy Inc</b>(NYSE: CHWY)</li> </ul> <a href=\"https://laohu8.com/S/ETSY\">Etsy</a> Inc</p><p><blockquote><ul><li><b><a href=\"https://laohu8.com/S/ETSY\">Etsy</a>Inc</b>（纳斯达克：ETSY）</li><li><b><a href=\"https://laohu8.com/S/EBAYL\">eBay</a>Inc</b>（纳斯达克：EBAY）</li><li><b><a href=\"https://laohu8.com/S/BABA\">阿里巴巴-SW</a>集团控股有限公司</b>（纽约证券交易所代码：BABA）</li><li><b>耐嚼公司</b>（纽约证券交易所代码：CHWY）</li></ul><a href=\"https://laohu8.com/S/ETSY\">Etsy</a>Inc</blockquote></p><p> Let us start the list with Etsy. The company operates a marketplace where people globally connect, both online and offline to sell and buy goods. It also offers a range of seller services and tools that help entrepreneurs manage their businesses. As of now, the company’s seller services include Direct Checkout, Promoted Listings, Shipping Labels, and <a href=\"https://laohu8.com/S/PEGI\">Pattern</a> by Etsy. ETSY stock has risen by over 80% over the past year.</p><p><blockquote>让我们从Etsy开始。该公司运营着一个市场，人们可以在线上和线下进行全球联系，买卖商品。它还提供一系列卖家服务和工具，帮助企业家管理他们的业务。截至目前，该公司的卖家服务包括直接结账、促销列表、运输标签和<a href=\"https://laohu8.com/S/PEGI\">模式</a>作者Etsy。ETSY股价在过去一年上涨了80%以上。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/4998810533317bc7562c92dbf9801556\" tg-width=\"250\" tg-height=\"209\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p> On Monday, Etsy signed a definitive agreement to acquire Elo7, a privately held marketplace for unique, handmade items, ranked as a top 10 e-commerce site in Brazil. The Elo7 marketplace connects approximately 1.9 million active buyers with approximately 56,000 active sellers and currently has approximately 8 million items for sale. Hence, this deal would establish Etsy’s presence in Latin America, an underpenetrated e-commerce region.</p><p><blockquote>周一，Etsy签署了一项最终协议，收购Elo7，这是一个私人拥有的独特手工商品市场，在巴西排名前十的电子商务网站。Elo7市场连接了大约190万活跃买家和大约56,000名活跃卖家，目前有大约800万件商品待售。因此，这笔交易将确立Etsy在拉丁美洲这个电子商务渗透率较低的地区的地位。</blockquote></p><p> Etsy is not resting on its laurels. It also signed a definitive agreement to acquire Depop, a purpose-driven marketplace for unique fashion for $1.625 billion earlier in June. Depop is a community-powered marketplace to buy and sell unique fashion, with a mission to build the world’s most diverse and progressive home of fashion. It appears that 90% of Depop’s active users are under the age of 26. So, this could serve as a resale home for Gen Z consumers to the Etsy family. Given all these exciting developments, would you consider investing in ETSY stock?</p><p><blockquote>Etsy并没有固步自封。6月初，该公司还签署了一项最终协议，以16.25亿美元收购Depop，这是一个以目的为导向的独特时尚市场。Depop是一个社区驱动的市场，买卖独特的时尚，其使命是建立世界上最多样化和最进步的时尚之家。Depop 90%的活跃用户年龄在26岁以下。因此，这可以作为Z世代消费者向Etsy家族的转售房屋。鉴于所有这些令人兴奋的发展，您会考虑投资ETSY股票吗？</blockquote></p><p> <a href=\"https://laohu8.com/S/EBAY\">eBay</a> Inc</p><p><blockquote><a href=\"https://laohu8.com/S/EBAY\">eBay</a>Inc</blockquote></p><p> Next, we have <a href=\"https://laohu8.com/S/AONE\">one</a> of the industry leaders of e-commerce, <a href=\"https://laohu8.com/S/EBAYL\">eBay</a>. Essentially, the company operates marketplace platforms that connect buyers and sellers globally. This includes its online marketplace at ebay.com and the <a href=\"https://laohu8.com/S/EBAY\">eBay</a> suite of mobile apps. So, you could buy, sell, and pay for items through various online and offline channels. eBay stock has been <a href=\"https://laohu8.com/S/AONE.U\">one</a> of the better-performing stocks within the e-commerce space this year. It has climbed by over 35% year-to-date.</p><p><blockquote>接下来，我们有<a href=\"https://laohu8.com/S/AONE\">一</a>电子商务的行业领导者，<a href=\"https://laohu8.com/S/EBAYL\">eBay</a>本质上，该公司运营连接全球买家和卖家的市场平台。这包括其在ebay.com的在线市场和<a href=\"https://laohu8.com/S/EBAY\">eBay</a>移动应用套件。因此，你可以通过各种线上和线下渠道购买、销售和支付物品。eBay股票已<a href=\"https://laohu8.com/S/AONE.U\">一</a>今年电子商务领域表现较好的股票之一。今年迄今已攀升超过35%。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/3225891cc70ad7e916ca99aa07101ba2\" tg-width=\"250\" tg-height=\"209\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p> <a href=\"https://laohu8.com/S/JE\">Just</a> last week, the company announced the completion of the transfer of its Classifieds business to Adevinta in exchange for $2.5 billion cash and a 44% equity stake in Adevinta. This combination will hopefully create a leading global online classifieds business. In the long run, both companies will be primed to benefit from its combined portfolio that may offer additional value for its customers and shareholders.</p><p><blockquote><a href=\"https://laohu8.com/S/JE\">刚刚</a>上周，该公司宣布完成将其分类广告业务转让给Adevinta，以换取25亿美元现金和Adevinta 44%的股权。这一合并将有望创造一个领先的全球在线分类广告业务。从长远来看，两家公司都将从其合并后的投资组合中受益，这可能会为其客户和股东提供额外的价值。</blockquote></p><p> eBay also had an impressive first quarter to start the year with the highest revenue growth since 2005. Its revenue was $3.0 billion, up 42% on an as-reported basis. There was also increased activity on its platform. Annual active buyers grew by 7%, now at a total of 187 million. Meanwhile, its annual active sellers grew by 8%, for a total of 20 million. We can see that the company is firing on all cylinders as we recover from the global pandemic. With that in mind, would you add EBAY stock to your watchlist?</p><p><blockquote>eBay今年第一季度的收入增长也令人印象深刻，创下了2005年以来的最高水平。其收入为30亿美元，较报告增长42%。其平台上的活动也有所增加。年度活跃买家增长了7%，目前总数为1.87亿。与此同时，其年度活跃卖家增长了8%，总数达到2000万。我们可以看到，随着我们从全球大流行中恢复过来，该公司正在全力以赴。考虑到这一点，您会将EBAY股票添加到您的观察列表中吗？</blockquote></p><p></p><p> <a href=\"https://laohu8.com/S/09988\">Alibaba</a> Group Holding Ltd</p><p><blockquote><a href=\"https://laohu8.com/S/09988\">阿里巴巴-SW</a>集团控股有限公司</blockquote></p><p> Coming up next, we have <a href=\"https://laohu8.com/S/AONE\">one</a> of the largest e-commerce companies in the world, <a href=\"https://laohu8.com/S/BABA\">Alibaba</a>. The company’s technology infrastructure and marketing reach help merchants and brands to leverage the power of technology to engage its users, and customers to operate. As of today, its three main sites, Taobao, Tmall, and <a href=\"https://laohu8.com/S/09988\">Alibaba</a>.com boast hundreds of millions of users and host millions of merchants and businesses.</p><p><blockquote>接下来，我们有<a href=\"https://laohu8.com/S/AONE\">一</a>在全球最大的电子商务公司中，<a href=\"https://laohu8.com/S/BABA\">阿里巴巴-SW</a>该公司的技术基础设施和营销覆盖范围帮助商家和品牌利用技术的力量来吸引用户和客户进行运营。截至今日，旗下淘宝、天猫、<a href=\"https://laohu8.com/S/09988\">阿里巴巴-SW</a>.com拥有数亿用户，拥有数百万商家和企业。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/fd0bf902b6908baca1ebc71478c54967\" tg-width=\"250\" tg-height=\"209\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p> Fundamentally, the company is as strong as ever. For its fourth-quarter fiscal 2021 earnings report, its revenue climbed to $28.6 billion, representing a 64% increase. Alibaba also reported 811 million annual active consumers in <a href=\"https://laohu8.com/S/CAAS\">China</a> which represents an 11% growth year-over-year. This is important because retaining and attracting active consumers would support the company’s business model.</p><p><blockquote>从根本上说，该公司一如既往地强大。在2021财年第四季度收益报告中，其收入攀升至286亿美元，增长64%。阿里巴巴-SW还报告称，年活跃消费者为8.11亿<a href=\"https://laohu8.com/S/CAAS\">中国</a>同比增长11%。这一点很重要，因为留住和吸引活跃的消费者将支持公司的商业模式。</blockquote></p><p> That said, it has not been a fantastic year for Alibaba this year. The company’s struggle this year was affected by the Chinese government. Alibaba was hit with a record fine of $2.75 billion earlier in April. However, the worst could be over for the company as the Chinese government is slowly shifting its focus to the company’s competitors. So, if you have missed the boat on BABA stock prior to this, could this be the classic buy-on-dip opportunity?</p><p><blockquote>也就是说，今年对阿里巴巴-SW来说并不是美妙的一年。该公司今年的困境受到了中国政府的影响。4月初，阿里巴巴-SW被处以创纪录的27.5亿美元罚款。然而，随着中国政府慢慢将重点转向该公司的竞争对手，该公司最糟糕的时期可能已经过去。那么，如果您在此之前错过了阿里巴巴股票的机会，那么这可能是经典的逢低买入机会吗？</blockquote></p><p> Chewy Inc</p><p><blockquote>耐嚼公司</blockquote></p><p> Last on this list, we have an e-commerce company that specializes in pet products, Chewy. In essence, it provides pet food and treats, pet supplies and pet medications, and other pet-health products, as well as pet services. Pet lovers out there could access all these products through its chewy.com retail website, and its mobile applications. The company stock may have been trading sideways since the start of the year. But, it has still climbed by over 70% over the past year.</p><p><blockquote>最后，我们有一家专门从事宠物产品的电子商务公司Chewy。本质上，它提供宠物食品和零食、宠物用品和宠物药物、其他宠物健康产品以及宠物服务。宠物爱好者可以通过其chewy.com零售网站及其移动应用程序访问所有这些产品。自今年年初以来，该公司股票可能一直在横盘整理。但是，在过去的一年里，它仍然攀升了70%以上。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/15d6c920416f733d0edf62d1148a8061\" tg-width=\"250\" tg-height=\"209\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p> In June, the company posted its first-quarter financial report that beat analysts’ expectations. Its net sales were $2.14 billion, growing 31.7% year-over-year. Meanwhile, its adjusted EBITDA came in at $77.4 million and its net income was $38.7 million. More importantly, Chewy added 600,000 active customers during the quarter which brings the number of active customers to 19.2 million. All in all, the company is growing in the right direction.</p><p><blockquote>6月，该公司发布了超出分析师预期的第一季度财务报告。其净销售额为21.4亿美元，同比增长31.7%。与此同时，其调整后EBITDA为7740万美元，净利润为3870万美元。更重要的是，Chewy在本季度增加了60万活跃客户，使活跃客户数量达到1920万。总而言之，公司正在朝着正确的方向发展。</blockquote></p><p> Furthermore, Chewy also continues to innovate on their popular telehealth service, Connect with a Vet. May’s expansion includes the highly anticipated video consultation feature which allows pre-scheduling virtual vet consultation and extended hours of operation including weekends. With this, customers gain more accessibility to the company’s services and a better experience overall. With that in mind, would CHWY stock make your watchlist?</p><p><blockquote>此外，Chewy还继续创新他们广受欢迎的远程医疗服务“与兽医联系”。May的扩展包括备受期待的视频咨询功能，该功能允许预先安排虚拟兽医咨询和延长营业时间，包括周末。通过这种方式，客户可以更容易地获得公司的服务，并获得更好的整体体验。考虑到这一点，CHWY股票会列入您的观察名单吗？</blockquote></p><p></p>","source":"lsy1603171495471","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>Best E-Commerce Stocks To Buy In July 2021? 4 Names In Focus<blockquote>2021年7月最值得购买的电子商务股票？4个名字成为焦点</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBest E-Commerce Stocks To Buy In July 2021? 4 Names In Focus<blockquote>2021年7月最值得购买的电子商务股票？4个名字成为焦点</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Nasdaq</strong><span class=\"h-time small\">2021-07-05 10:35</span>\n</p>\n</h4>\n</header>\n<article>\n<p>Could These Be The Top E-Commerce Stocks To Watch Right Now?</p><p><blockquote>这些可能是目前最值得关注的电子商务股票吗？</blockquote></p><p> E-commerce stocks had a historic year in thestock marketlast year. Well, it shouldn’t come as a surprise since many countries around the world were sent into lockdown. At that point, most shopping activities were conducted online. So, even those who were skeptical of online shopping initially must have been exposed to e-commerce platforms. This is of course due to the advancement of technology as well. Some company’s platforms such as Pinterest Inc (NYSE: PINS) even have augmented reality features that would allow you to have a rough idea of what you’re getting.</p><p><blockquote>去年，电子商务股票在股市上度过了历史性的一年。嗯，这并不奇怪，因为世界上许多国家都被封锁了。那时，大多数购物活动都是在网上进行的。所以，即使是那些最初对网上购物持怀疑态度的人，也一定接触过电子商务平台。这当然也是由于技术的进步。Pinterest公司（纽约证券交易所股票代码：PINS）等一些公司的平台甚至具有增强现实功能，可以让您大致了解您将获得的内容。</blockquote></p><p> The shift to online shopping has resulted in many emerging e-commerce companies. For example, we have Jumia Technologies (NYSE: JMIA) that aims to be the top online marketplace in the whole of Africa. Perhaps, this should not be overlooked as e-commerce is still a growing sector in Africa. Moreover, JMIA stock has already soared by more than 400% just within the past year. Now, if you are optimistic about the future of e-commerce, here’s a list of fourtop e-commerce stocks to watchin thestock market today.</p><p><blockquote>向网上购物的转变催生了许多新兴的电子商务公司。例如，我们有Jumia Technologies（纽约证券交易所代码：JMIA），其目标是成为整个非洲的顶级在线市场。也许，这不应该被忽视，因为电子商务在非洲仍然是一个不断增长的部门。此外，JMIA股价仅在过去一年内就飙升了400%以上。现在，如果您对电子商务的未来持乐观态度，这里列出了当今股市值得关注的四大电子商务股票。</blockquote></p><p> Best E-Commerce Stocks To Watch</p><p><blockquote>最值得关注的电子商务股票</blockquote></p><p> <ul>  <li><b><a href=\"https://laohu8.com/S/ETSY\">Etsy</a> Inc</b>(NASDAQ: ETSY)</li>  <li><b><a href=\"https://laohu8.com/S/EBAYL\">eBay</a> Inc</b>(NASDAQ: EBAY)</li>  <li><b><a href=\"https://laohu8.com/S/BABA\">Alibaba</a> Group Holding Ltd</b>(NYSE: BABA)</li>  <li><b>Chewy Inc</b>(NYSE: CHWY)</li> </ul> <a href=\"https://laohu8.com/S/ETSY\">Etsy</a> Inc</p><p><blockquote><ul><li><b><a href=\"https://laohu8.com/S/ETSY\">Etsy</a>Inc</b>（纳斯达克：ETSY）</li><li><b><a href=\"https://laohu8.com/S/EBAYL\">eBay</a>Inc</b>（纳斯达克：EBAY）</li><li><b><a href=\"https://laohu8.com/S/BABA\">阿里巴巴-SW</a>集团控股有限公司</b>（纽约证券交易所代码：BABA）</li><li><b>耐嚼公司</b>（纽约证券交易所代码：CHWY）</li></ul><a href=\"https://laohu8.com/S/ETSY\">Etsy</a>Inc</blockquote></p><p> Let us start the list with Etsy. The company operates a marketplace where people globally connect, both online and offline to sell and buy goods. It also offers a range of seller services and tools that help entrepreneurs manage their businesses. As of now, the company’s seller services include Direct Checkout, Promoted Listings, Shipping Labels, and <a href=\"https://laohu8.com/S/PEGI\">Pattern</a> by Etsy. ETSY stock has risen by over 80% over the past year.</p><p><blockquote>让我们从Etsy开始。该公司运营着一个市场，人们可以在线上和线下进行全球联系，买卖商品。它还提供一系列卖家服务和工具，帮助企业家管理他们的业务。截至目前，该公司的卖家服务包括直接结账、促销列表、运输标签和<a href=\"https://laohu8.com/S/PEGI\">模式</a>作者Etsy。ETSY股价在过去一年上涨了80%以上。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/4998810533317bc7562c92dbf9801556\" tg-width=\"250\" tg-height=\"209\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p> On Monday, Etsy signed a definitive agreement to acquire Elo7, a privately held marketplace for unique, handmade items, ranked as a top 10 e-commerce site in Brazil. The Elo7 marketplace connects approximately 1.9 million active buyers with approximately 56,000 active sellers and currently has approximately 8 million items for sale. Hence, this deal would establish Etsy’s presence in Latin America, an underpenetrated e-commerce region.</p><p><blockquote>周一，Etsy签署了一项最终协议，收购Elo7，这是一个私人拥有的独特手工商品市场，在巴西排名前十的电子商务网站。Elo7市场连接了大约190万活跃买家和大约56,000名活跃卖家，目前有大约800万件商品待售。因此，这笔交易将确立Etsy在拉丁美洲这个电子商务渗透率较低的地区的地位。</blockquote></p><p> Etsy is not resting on its laurels. It also signed a definitive agreement to acquire Depop, a purpose-driven marketplace for unique fashion for $1.625 billion earlier in June. Depop is a community-powered marketplace to buy and sell unique fashion, with a mission to build the world’s most diverse and progressive home of fashion. It appears that 90% of Depop’s active users are under the age of 26. So, this could serve as a resale home for Gen Z consumers to the Etsy family. Given all these exciting developments, would you consider investing in ETSY stock?</p><p><blockquote>Etsy并没有固步自封。6月初，该公司还签署了一项最终协议，以16.25亿美元收购Depop，这是一个以目的为导向的独特时尚市场。Depop是一个社区驱动的市场，买卖独特的时尚，其使命是建立世界上最多样化和最进步的时尚之家。Depop 90%的活跃用户年龄在26岁以下。因此，这可以作为Z世代消费者向Etsy家族的转售房屋。鉴于所有这些令人兴奋的发展，您会考虑投资ETSY股票吗？</blockquote></p><p> <a href=\"https://laohu8.com/S/EBAY\">eBay</a> Inc</p><p><blockquote><a href=\"https://laohu8.com/S/EBAY\">eBay</a>Inc</blockquote></p><p> Next, we have <a href=\"https://laohu8.com/S/AONE\">one</a> of the industry leaders of e-commerce, <a href=\"https://laohu8.com/S/EBAYL\">eBay</a>. Essentially, the company operates marketplace platforms that connect buyers and sellers globally. This includes its online marketplace at ebay.com and the <a href=\"https://laohu8.com/S/EBAY\">eBay</a> suite of mobile apps. So, you could buy, sell, and pay for items through various online and offline channels. eBay stock has been <a href=\"https://laohu8.com/S/AONE.U\">one</a> of the better-performing stocks within the e-commerce space this year. It has climbed by over 35% year-to-date.</p><p><blockquote>接下来，我们有<a href=\"https://laohu8.com/S/AONE\">一</a>电子商务的行业领导者，<a href=\"https://laohu8.com/S/EBAYL\">eBay</a>本质上，该公司运营连接全球买家和卖家的市场平台。这包括其在ebay.com的在线市场和<a href=\"https://laohu8.com/S/EBAY\">eBay</a>移动应用套件。因此，你可以通过各种线上和线下渠道购买、销售和支付物品。eBay股票已<a href=\"https://laohu8.com/S/AONE.U\">一</a>今年电子商务领域表现较好的股票之一。今年迄今已攀升超过35%。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/3225891cc70ad7e916ca99aa07101ba2\" tg-width=\"250\" tg-height=\"209\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p> <a href=\"https://laohu8.com/S/JE\">Just</a> last week, the company announced the completion of the transfer of its Classifieds business to Adevinta in exchange for $2.5 billion cash and a 44% equity stake in Adevinta. This combination will hopefully create a leading global online classifieds business. In the long run, both companies will be primed to benefit from its combined portfolio that may offer additional value for its customers and shareholders.</p><p><blockquote><a href=\"https://laohu8.com/S/JE\">刚刚</a>上周，该公司宣布完成将其分类广告业务转让给Adevinta，以换取25亿美元现金和Adevinta 44%的股权。这一合并将有望创造一个领先的全球在线分类广告业务。从长远来看，两家公司都将从其合并后的投资组合中受益，这可能会为其客户和股东提供额外的价值。</blockquote></p><p> eBay also had an impressive first quarter to start the year with the highest revenue growth since 2005. Its revenue was $3.0 billion, up 42% on an as-reported basis. There was also increased activity on its platform. Annual active buyers grew by 7%, now at a total of 187 million. Meanwhile, its annual active sellers grew by 8%, for a total of 20 million. We can see that the company is firing on all cylinders as we recover from the global pandemic. With that in mind, would you add EBAY stock to your watchlist?</p><p><blockquote>eBay今年第一季度的收入增长也令人印象深刻，创下了2005年以来的最高水平。其收入为30亿美元，较报告增长42%。其平台上的活动也有所增加。年度活跃买家增长了7%，目前总数为1.87亿。与此同时，其年度活跃卖家增长了8%，总数达到2000万。我们可以看到，随着我们从全球大流行中恢复过来，该公司正在全力以赴。考虑到这一点，您会将EBAY股票添加到您的观察列表中吗？</blockquote></p><p></p><p> <a href=\"https://laohu8.com/S/09988\">Alibaba</a> Group Holding Ltd</p><p><blockquote><a href=\"https://laohu8.com/S/09988\">阿里巴巴-SW</a>集团控股有限公司</blockquote></p><p> Coming up next, we have <a href=\"https://laohu8.com/S/AONE\">one</a> of the largest e-commerce companies in the world, <a href=\"https://laohu8.com/S/BABA\">Alibaba</a>. The company’s technology infrastructure and marketing reach help merchants and brands to leverage the power of technology to engage its users, and customers to operate. As of today, its three main sites, Taobao, Tmall, and <a href=\"https://laohu8.com/S/09988\">Alibaba</a>.com boast hundreds of millions of users and host millions of merchants and businesses.</p><p><blockquote>接下来，我们有<a href=\"https://laohu8.com/S/AONE\">一</a>在全球最大的电子商务公司中，<a href=\"https://laohu8.com/S/BABA\">阿里巴巴-SW</a>该公司的技术基础设施和营销覆盖范围帮助商家和品牌利用技术的力量来吸引用户和客户进行运营。截至今日，旗下淘宝、天猫、<a href=\"https://laohu8.com/S/09988\">阿里巴巴-SW</a>.com拥有数亿用户，拥有数百万商家和企业。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/fd0bf902b6908baca1ebc71478c54967\" tg-width=\"250\" tg-height=\"209\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p> Fundamentally, the company is as strong as ever. For its fourth-quarter fiscal 2021 earnings report, its revenue climbed to $28.6 billion, representing a 64% increase. Alibaba also reported 811 million annual active consumers in <a href=\"https://laohu8.com/S/CAAS\">China</a> which represents an 11% growth year-over-year. This is important because retaining and attracting active consumers would support the company’s business model.</p><p><blockquote>从根本上说，该公司一如既往地强大。在2021财年第四季度收益报告中，其收入攀升至286亿美元，增长64%。阿里巴巴-SW还报告称，年活跃消费者为8.11亿<a href=\"https://laohu8.com/S/CAAS\">中国</a>同比增长11%。这一点很重要，因为留住和吸引活跃的消费者将支持公司的商业模式。</blockquote></p><p> That said, it has not been a fantastic year for Alibaba this year. The company’s struggle this year was affected by the Chinese government. Alibaba was hit with a record fine of $2.75 billion earlier in April. However, the worst could be over for the company as the Chinese government is slowly shifting its focus to the company’s competitors. So, if you have missed the boat on BABA stock prior to this, could this be the classic buy-on-dip opportunity?</p><p><blockquote>也就是说，今年对阿里巴巴-SW来说并不是美妙的一年。该公司今年的困境受到了中国政府的影响。4月初，阿里巴巴-SW被处以创纪录的27.5亿美元罚款。然而，随着中国政府慢慢将重点转向该公司的竞争对手，该公司最糟糕的时期可能已经过去。那么，如果您在此之前错过了阿里巴巴股票的机会，那么这可能是经典的逢低买入机会吗？</blockquote></p><p> Chewy Inc</p><p><blockquote>耐嚼公司</blockquote></p><p> Last on this list, we have an e-commerce company that specializes in pet products, Chewy. In essence, it provides pet food and treats, pet supplies and pet medications, and other pet-health products, as well as pet services. Pet lovers out there could access all these products through its chewy.com retail website, and its mobile applications. The company stock may have been trading sideways since the start of the year. But, it has still climbed by over 70% over the past year.</p><p><blockquote>最后，我们有一家专门从事宠物产品的电子商务公司Chewy。本质上，它提供宠物食品和零食、宠物用品和宠物药物、其他宠物健康产品以及宠物服务。宠物爱好者可以通过其chewy.com零售网站及其移动应用程序访问所有这些产品。自今年年初以来，该公司股票可能一直在横盘整理。但是，在过去的一年里，它仍然攀升了70%以上。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/15d6c920416f733d0edf62d1148a8061\" tg-width=\"250\" tg-height=\"209\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p> In June, the company posted its first-quarter financial report that beat analysts’ expectations. Its net sales were $2.14 billion, growing 31.7% year-over-year. Meanwhile, its adjusted EBITDA came in at $77.4 million and its net income was $38.7 million. More importantly, Chewy added 600,000 active customers during the quarter which brings the number of active customers to 19.2 million. All in all, the company is growing in the right direction.</p><p><blockquote>6月，该公司发布了超出分析师预期的第一季度财务报告。其净销售额为21.4亿美元，同比增长31.7%。与此同时，其调整后EBITDA为7740万美元，净利润为3870万美元。更重要的是，Chewy在本季度增加了60万活跃客户，使活跃客户数量达到1920万。总而言之，公司正在朝着正确的方向发展。</blockquote></p><p> Furthermore, Chewy also continues to innovate on their popular telehealth service, Connect with a Vet. May’s expansion includes the highly anticipated video consultation feature which allows pre-scheduling virtual vet consultation and extended hours of operation including weekends. With this, customers gain more accessibility to the company’s services and a better experience overall. With that in mind, would CHWY stock make your watchlist?</p><p><blockquote>此外，Chewy还继续创新他们广受欢迎的远程医疗服务“与兽医联系”。May的扩展包括备受期待的视频咨询功能，该功能允许预先安排虚拟兽医咨询和延长营业时间，包括周末。通过这种方式，客户可以更容易地获得公司的服务，并获得更好的整体体验。考虑到这一点，CHWY股票会列入您的观察名单吗？</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.nasdaq.com/articles/best-e-commerce-stocks-to-buy-in-july-2021-4-names-in-focus-2021-07-02\">Nasdaq</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":{"EBAY":"eBay","ETSY":"Etsy, Inc.","CHWY":"Chewy, Inc.","BABA":"阿里巴巴"},"source_url":"https://www.nasdaq.com/articles/best-e-commerce-stocks-to-buy-in-july-2021-4-names-in-focus-2021-07-02","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1170100655","content_text":"Could These Be The Top E-Commerce Stocks To Watch Right Now?\nE-commerce stocks had a historic year in thestock marketlast year. Well, it shouldn’t come as a surprise since many countries around the world were sent into lockdown. At that point, most shopping activities were conducted online. So, even those who were skeptical of online shopping initially must have been exposed to e-commerce platforms. This is of course due to the advancement of technology as well. Some company’s platforms such as Pinterest Inc (NYSE: PINS) even have augmented reality features that would allow you to have a rough idea of what you’re getting.\nThe shift to online shopping has resulted in many emerging e-commerce companies. For example, we have Jumia Technologies (NYSE: JMIA) that aims to be the top online marketplace in the whole of Africa. Perhaps, this should not be overlooked as e-commerce is still a growing sector in Africa. Moreover, JMIA stock has already soared by more than 400% just within the past year. Now, if you are optimistic about the future of e-commerce, here’s a list of fourtop e-commerce stocks to watchin thestock market today.\nBest E-Commerce Stocks To Watch\n\nEtsy Inc(NASDAQ: ETSY)\neBay Inc(NASDAQ: EBAY)\nAlibaba Group Holding Ltd(NYSE: BABA)\nChewy Inc(NYSE: CHWY)\n\nEtsy Inc\nLet us start the list with Etsy. The company operates a marketplace where people globally connect, both online and offline to sell and buy goods. It also offers a range of seller services and tools that help entrepreneurs manage their businesses. As of now, the company’s seller services include Direct Checkout, Promoted Listings, Shipping Labels, and Pattern by Etsy. ETSY stock has risen by over 80% over the past year.\n\nOn Monday, Etsy signed a definitive agreement to acquire Elo7, a privately held marketplace for unique, handmade items, ranked as a top 10 e-commerce site in Brazil. The Elo7 marketplace connects approximately 1.9 million active buyers with approximately 56,000 active sellers and currently has approximately 8 million items for sale. Hence, this deal would establish Etsy’s presence in Latin America, an underpenetrated e-commerce region.\nEtsy is not resting on its laurels. It also signed a definitive agreement to acquire Depop, a purpose-driven marketplace for unique fashion for $1.625 billion earlier in June. Depop is a community-powered marketplace to buy and sell unique fashion, with a mission to build the world’s most diverse and progressive home of fashion. It appears that 90% of Depop’s active users are under the age of 26. So, this could serve as a resale home for Gen Z consumers to the Etsy family. Given all these exciting developments, would you consider investing in ETSY stock?\neBay Inc\nNext, we have one of the industry leaders of e-commerce, eBay. Essentially, the company operates marketplace platforms that connect buyers and sellers globally. This includes its online marketplace at ebay.com and the eBay suite of mobile apps. So, you could buy, sell, and pay for items through various online and offline channels. eBay stock has been one of the better-performing stocks within the e-commerce space this year. It has climbed by over 35% year-to-date.\n\nJust last week, the company announced the completion of the transfer of its Classifieds business to Adevinta in exchange for $2.5 billion cash and a 44% equity stake in Adevinta. This combination will hopefully create a leading global online classifieds business. In the long run, both companies will be primed to benefit from its combined portfolio that may offer additional value for its customers and shareholders.\neBay also had an impressive first quarter to start the year with the highest revenue growth since 2005. Its revenue was $3.0 billion, up 42% on an as-reported basis. There was also increased activity on its platform. Annual active buyers grew by 7%, now at a total of 187 million. Meanwhile, its annual active sellers grew by 8%, for a total of 20 million. We can see that the company is firing on all cylinders as we recover from the global pandemic. With that in mind, would you add EBAY stock to your watchlist?\nAlibaba Group Holding Ltd\nComing up next, we have one of the largest e-commerce companies in the world, Alibaba. The company’s technology infrastructure and marketing reach help merchants and brands to leverage the power of technology to engage its users, and customers to operate. As of today, its three main sites, Taobao, Tmall, and Alibaba.com boast hundreds of millions of users and host millions of merchants and businesses.\n\nFundamentally, the company is as strong as ever. For its fourth-quarter fiscal 2021 earnings report, its revenue climbed to $28.6 billion, representing a 64% increase. Alibaba also reported 811 million annual active consumers in China which represents an 11% growth year-over-year. This is important because retaining and attracting active consumers would support the company’s business model.\nThat said, it has not been a fantastic year for Alibaba this year. The company’s struggle this year was affected by the Chinese government. Alibaba was hit with a record fine of $2.75 billion earlier in April. However, the worst could be over for the company as the Chinese government is slowly shifting its focus to the company’s competitors. So, if you have missed the boat on BABA stock prior to this, could this be the classic buy-on-dip opportunity?\nChewy Inc\nLast on this list, we have an e-commerce company that specializes in pet products, Chewy. In essence, it provides pet food and treats, pet supplies and pet medications, and other pet-health products, as well as pet services. Pet lovers out there could access all these products through its chewy.com retail website, and its mobile applications. The company stock may have been trading sideways since the start of the year. But, it has still climbed by over 70% over the past year.\n\nIn June, the company posted its first-quarter financial report that beat analysts’ expectations. Its net sales were $2.14 billion, growing 31.7% year-over-year. Meanwhile, its adjusted EBITDA came in at $77.4 million and its net income was $38.7 million. More importantly, Chewy added 600,000 active customers during the quarter which brings the number of active customers to 19.2 million. All in all, the company is growing in the right direction.\nFurthermore, Chewy also continues to innovate on their popular telehealth service, Connect with a Vet. May’s expansion includes the highly anticipated video consultation feature which allows pre-scheduling virtual vet consultation and extended hours of operation including weekends. With this, customers gain more accessibility to the company’s services and a better experience overall. With that in mind, would CHWY stock make your watchlist?","news_type":1,"symbols_score_info":{"BOTB.UK":0.9,"EBAY":0.9,"CHWY":0.9,"BABA":0.9,"ETSY":0.9}},"isVote":1,"tweetType":1,"viewCount":619,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":156654347,"gmtCreate":1625220711489,"gmtModify":1633942422309,"author":{"id":"3582021842674964","authorId":"3582021842674964","name":"Greenbull18","avatar":"https://static.tigerbbs.com/576bc95bff9dffadad04639941613d8e","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3582021842674964","idStr":"3582021842674964"},"themes":[],"htmlText":"To the moon&nbsp;","listText":"To the moon&nbsp;","text":"To the moon","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/156654347","repostId":"1177807845","repostType":4,"repost":{"id":"1177807845","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":1625219508,"share":"https://www.laohu8.com/m/news/1177807845?lang=zh_CN&edition=full","pubTime":"2021-07-02 17:51","market":"us","language":"en","title":"Micron, Nvidia, AMD, TSMC, Or Intel? One Semiconductor Stock Emerged As Clear Winner In 2021 First-Half Gains<blockquote>美光、英伟达、AMD、台积电还是英特尔？一只半导体股票成为2021年上半年涨幅的明显赢家</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1177807845","media":"Benzinga","summary":"Amid the ongoing semiconductor shortages that have plagued the global automotive, smartphone and app","content":"<p>Amid the ongoing semiconductor shortages that have plagued the global automotive, smartphone and appliance chip supplies since last year, shares of the companies making those chips have done well in the first half of 2021.</p><p><blockquote>自去年以来，半导体短缺一直困扰着全球汽车、智能手机和家电芯片供应，但制造这些芯片的公司的股价在2021年上半年表现良好。</blockquote></p><p> <b>Year-To-Date Returns:</b>&nbsp;Shares of U.S.-listed chipmakers have fetched double digit gains in the first six months this year, with<b>Nvidia Corp</b>(NASDAQ:NVDA) leading the pack at 53.2% gains.</p><p><blockquote><b>年初至今的回报：</b>今年前六个月，在美国上市的芯片制造商的股价实现了两位数的涨幅，其中<b>英伟达公司</b>（纳斯达克：NVDA）以53.2%的涨幅领先。</blockquote></p><p> Shares of&nbsp;<b>Intel Corp</b>(NASDAQ:INTC), overtaken by Nvidia as the most valuable chipmaker last year, returned 12.7% gains during the same period.</p><p><blockquote>本公司之股份<b>英特尔公司</b>（纳斯达克：INTC）去年被英伟达超越，成为最有价值的芯片制造商，同期上涨了12.7%。</blockquote></p><p> Shares of&nbsp;<b>Taiwan Semiconductor Manufacturing Co</b>(NYSE:TSM), world's largest pure-play semiconductor foundry, returned 10.2% gains and<b>Micron Technology Inc</b>(NASDAQ:MU) rose 13% in the same period.</p><p><blockquote>本公司之股份<b>台积电公司</b>全球最大的纯半导体代工厂（纽约证券交易所代码：TSM）上涨10.2%，<b>美光科技公司</b>（纳斯达克：MU）同期上涨13%。</blockquote></p><p> And it’s not just the chipmakers, the shortage is also boosting business opportunities for semiconductor industry intermediaries, or authorized distributors, as they are able to source parts faster.</p><p><blockquote>不仅仅是芯片制造商，短缺也增加了半导体行业中介或授权分销商的商机，因为他们能够更快地采购零件。</blockquote></p><p> <b>Advanced Micro Devices Inc.</b>(NASDAQ:AMD) returned 2.4% in the same time period.</p><p><blockquote><b>先进微设备公司。</b>（纳斯达克：AMD）同期回报率为2.4%。</blockquote></p><p> Services of&nbsp;<b>Avnet Inc</b>(NASDAQ:AVT) and&nbsp;<b>Arrow Electronics Inc</b>(NYSE:ARW) areincreasingly sought afterby bigger companies such as Intel, Samsung Electronics and others, who generally rely on direct purchases and are able to secure supplies on their own, as per a WSJ report.</p><p><blockquote>服务<b>安富利公司</b>（纳斯达克：AVT）及<b>阿罗电子公司</b>据《华尔街日报》报道，（纽约证券交易所股票代码：ARW）越来越受到英特尔、三星电子等大公司的追捧，这些公司通常依赖直接采购，并且能够自行确保供应。</blockquote></p><p> Avnet shares have risen 14% in the first six months of the year, while those of Arrow Electronics have risen 17%.</p><p><blockquote>今年前六个月，安富利股价上涨了14%，而艾睿电子股价上涨了17%。</blockquote></p><p> <b>Why It Matters:</b>&nbsp;Shortages of semiconductor chips used in auto components, smartphones, and appliances, have increased their pricing power and many large clients such as&nbsp;<b>Tesla Inc</b>(NASDAQ:TSLA) are even willing to pay an advance.</p><p><blockquote><b>为什么重要：</b>用于汽车零部件、智能手机和电器的半导体芯片短缺，提高了它们的定价能力，许多大型客户，例如<b>特斯拉公司</b>（纳斯达克：TSLA）甚至愿意支付预付款。</blockquote></p><p> In some cases, as reported by WSJ, brokers are quoting five times higher prices than before the pandemic for auto chips; in some extreme cases, it's reportedly 20 times more.</p><p><blockquote>据《华尔街日报》报道，在某些情况下，经纪商对汽车芯片的报价是大流行前的五倍；据报道，在一些极端情况下，这一数字要高出20倍。</blockquote></p><p> <b>Price Action:</b>&nbsp;Shares Nvidia closed 1.05% higher at $808.48 on Thursday while those of Intel closed 0.23% lower at $56.01, TSM closed 1.45% lower at 118.42, and Micron shares closed 5.73% lower at $80.11.</p><p><blockquote><b>价格走势：</b>周四，英伟达股价收盘上涨1.05%，至808.48美元，英特尔股价收盘下跌0.23%，至56.01美元，TSM收盘下跌1.45%，至118.42美元，美光股价收盘下跌5.73%，至80.11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>Micron, Nvidia, AMD, TSMC, Or Intel? One Semiconductor Stock Emerged As Clear Winner In 2021 First-Half Gains<blockquote>美光、英伟达、AMD、台积电还是英特尔？一只半导体股票成为2021年上半年涨幅的明显赢家</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\">\nMicron, Nvidia, AMD, TSMC, Or Intel? One Semiconductor Stock Emerged As Clear Winner In 2021 First-Half Gains<blockquote>美光、英伟达、AMD、台积电还是英特尔？一只半导体股票成为2021年上半年涨幅的明显赢家</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\">2021-07-02 17:51</p>\n</div>\n</div>\n</h4>\n</header>\n<article>\n<p>Amid the ongoing semiconductor shortages that have plagued the global automotive, smartphone and appliance chip supplies since last year, shares of the companies making those chips have done well in the first half of 2021.</p><p><blockquote>自去年以来，半导体短缺一直困扰着全球汽车、智能手机和家电芯片供应，但制造这些芯片的公司的股价在2021年上半年表现良好。</blockquote></p><p> <b>Year-To-Date Returns:</b>&nbsp;Shares of U.S.-listed chipmakers have fetched double digit gains in the first six months this year, with<b>Nvidia Corp</b>(NASDAQ:NVDA) leading the pack at 53.2% gains.</p><p><blockquote><b>年初至今的回报：</b>今年前六个月，在美国上市的芯片制造商的股价实现了两位数的涨幅，其中<b>英伟达公司</b>（纳斯达克：NVDA）以53.2%的涨幅领先。</blockquote></p><p> Shares of&nbsp;<b>Intel Corp</b>(NASDAQ:INTC), overtaken by Nvidia as the most valuable chipmaker last year, returned 12.7% gains during the same period.</p><p><blockquote>本公司之股份<b>英特尔公司</b>（纳斯达克：INTC）去年被英伟达超越，成为最有价值的芯片制造商，同期上涨了12.7%。</blockquote></p><p> Shares of&nbsp;<b>Taiwan Semiconductor Manufacturing Co</b>(NYSE:TSM), world's largest pure-play semiconductor foundry, returned 10.2% gains and<b>Micron Technology Inc</b>(NASDAQ:MU) rose 13% in the same period.</p><p><blockquote>本公司之股份<b>台积电公司</b>全球最大的纯半导体代工厂（纽约证券交易所代码：TSM）上涨10.2%，<b>美光科技公司</b>（纳斯达克：MU）同期上涨13%。</blockquote></p><p> And it’s not just the chipmakers, the shortage is also boosting business opportunities for semiconductor industry intermediaries, or authorized distributors, as they are able to source parts faster.</p><p><blockquote>不仅仅是芯片制造商，短缺也增加了半导体行业中介或授权分销商的商机，因为他们能够更快地采购零件。</blockquote></p><p> <b>Advanced Micro Devices Inc.</b>(NASDAQ:AMD) returned 2.4% in the same time period.</p><p><blockquote><b>先进微设备公司。</b>（纳斯达克：AMD）同期回报率为2.4%。</blockquote></p><p> Services of&nbsp;<b>Avnet Inc</b>(NASDAQ:AVT) and&nbsp;<b>Arrow Electronics Inc</b>(NYSE:ARW) areincreasingly sought afterby bigger companies such as Intel, Samsung Electronics and others, who generally rely on direct purchases and are able to secure supplies on their own, as per a WSJ report.</p><p><blockquote>服务<b>安富利公司</b>（纳斯达克：AVT）及<b>阿罗电子公司</b>据《华尔街日报》报道，（纽约证券交易所股票代码：ARW）越来越受到英特尔、三星电子等大公司的追捧，这些公司通常依赖直接采购，并且能够自行确保供应。</blockquote></p><p> Avnet shares have risen 14% in the first six months of the year, while those of Arrow Electronics have risen 17%.</p><p><blockquote>今年前六个月，安富利股价上涨了14%，而艾睿电子股价上涨了17%。</blockquote></p><p> <b>Why It Matters:</b>&nbsp;Shortages of semiconductor chips used in auto components, smartphones, and appliances, have increased their pricing power and many large clients such as&nbsp;<b>Tesla Inc</b>(NASDAQ:TSLA) are even willing to pay an advance.</p><p><blockquote><b>为什么重要：</b>用于汽车零部件、智能手机和电器的半导体芯片短缺，提高了它们的定价能力，许多大型客户，例如<b>特斯拉公司</b>（纳斯达克：TSLA）甚至愿意支付预付款。</blockquote></p><p> In some cases, as reported by WSJ, brokers are quoting five times higher prices than before the pandemic for auto chips; in some extreme cases, it's reportedly 20 times more.</p><p><blockquote>据《华尔街日报》报道，在某些情况下，经纪商对汽车芯片的报价是大流行前的五倍；据报道，在一些极端情况下，这一数字要高出20倍。</blockquote></p><p> <b>Price Action:</b>&nbsp;Shares Nvidia closed 1.05% higher at $808.48 on Thursday while those of Intel closed 0.23% lower at $56.01, TSM closed 1.45% lower at 118.42, and Micron shares closed 5.73% lower at $80.11.</p><p><blockquote><b>价格走势：</b>周四，英伟达股价收盘上涨1.05%，至808.48美元，英特尔股价收盘下跌0.23%，至56.01美元，TSM收盘下跌1.45%，至118.42美元，美光股价收盘下跌5.73%，至80.11美元。</blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSM":"台积电","INTC":"英特尔","NVDA":"英伟达","AMD":"美国超微公司"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1177807845","content_text":"Amid the ongoing semiconductor shortages that have plagued the global automotive, smartphone and appliance chip supplies since last year, shares of the companies making those chips have done well in the first half of 2021.\nYear-To-Date Returns: Shares of U.S.-listed chipmakers have fetched double digit gains in the first six months this year, withNvidia Corp(NASDAQ:NVDA) leading the pack at 53.2% gains.\nShares of Intel Corp(NASDAQ:INTC), overtaken by Nvidia as the most valuable chipmaker last year, returned 12.7% gains during the same period.\nShares of Taiwan Semiconductor Manufacturing Co(NYSE:TSM), world's largest pure-play semiconductor foundry, returned 10.2% gains andMicron Technology Inc(NASDAQ:MU) rose 13% in the same period.\nAnd it’s not just the chipmakers, the shortage is also boosting business opportunities for semiconductor industry intermediaries, or authorized distributors, as they are able to source parts faster.\nAdvanced Micro Devices Inc.(NASDAQ:AMD) returned 2.4% in the same time period.\nServices of Avnet Inc(NASDAQ:AVT) and Arrow Electronics Inc(NYSE:ARW) areincreasingly sought afterby bigger companies such as Intel, Samsung Electronics and others, who generally rely on direct purchases and are able to secure supplies on their own, as per a WSJ report.\nAvnet shares have risen 14% in the first six months of the year, while those of Arrow Electronics have risen 17%.\nWhy It Matters: Shortages of semiconductor chips used in auto components, smartphones, and appliances, have increased their pricing power and many large clients such as Tesla Inc(NASDAQ:TSLA) are even willing to pay an advance.\nIn some cases, as reported by WSJ, brokers are quoting five times higher prices than before the pandemic for auto chips; in some extreme cases, it's reportedly 20 times more.\nPrice Action: Shares Nvidia closed 1.05% higher at $808.48 on Thursday while those of Intel closed 0.23% lower at $56.01, TSM closed 1.45% lower at 118.42, and Micron shares closed 5.73% lower at $80.11.","news_type":1,"symbols_score_info":{"INTC":0.9,"NVDA":0.9,"TSM":0.9,"AMD":0.9}},"isVote":1,"tweetType":1,"viewCount":562,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":182253806,"gmtCreate":1623580763905,"gmtModify":1634031442632,"author":{"id":"3582021842674964","authorId":"3582021842674964","name":"Greenbull18","avatar":"https://static.tigerbbs.com/576bc95bff9dffadad04639941613d8e","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3582021842674964","idStr":"3582021842674964"},"themes":[],"htmlText":"Cool&nbsp;","listText":"Cool&nbsp;","text":"Cool","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/182253806","repostId":"1177806573","repostType":4,"isVote":1,"tweetType":1,"viewCount":376,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":808367925,"gmtCreate":1627558602167,"gmtModify":1633763825729,"author":{"id":"3582021842674964","authorId":"3582021842674964","name":"Greenbull18","avatar":"https://static.tigerbbs.com/576bc95bff9dffadad04639941613d8e","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3582021842674964","idStr":"3582021842674964"},"themes":[],"htmlText":"[Happy]&nbsp;","listText":"[Happy]&nbsp;","text":"[Happy]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/808367925","repostId":"2155904362","repostType":4,"isVote":1,"tweetType":1,"viewCount":654,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":170927128,"gmtCreate":1626400746864,"gmtModify":1633927091233,"author":{"id":"3582021842674964","authorId":"3582021842674964","name":"Greenbull18","avatar":"https://static.tigerbbs.com/576bc95bff9dffadad04639941613d8e","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3582021842674964","idStr":"3582021842674964"},"themes":[],"htmlText":"Wow","listText":"Wow","text":"Wow","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/170927128","repostId":"1177508529","repostType":4,"isVote":1,"tweetType":1,"viewCount":572,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":141480427,"gmtCreate":1625885193969,"gmtModify":1633936393613,"author":{"id":"3582021842674964","authorId":"3582021842674964","name":"Greenbull18","avatar":"https://static.tigerbbs.com/576bc95bff9dffadad04639941613d8e","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3582021842674964","idStr":"3582021842674964"},"themes":[],"htmlText":"[Happy]&nbsp;","listText":"[Happy]&nbsp;","text":"[Happy]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/141480427","repostId":"1159307278","repostType":4,"repost":{"id":"1159307278","kind":"news","pubTimestamp":1625873648,"share":"https://www.laohu8.com/m/news/1159307278?lang=zh_CN&edition=full","pubTime":"2021-07-10 07:34","market":"us","language":"en","title":"5 Things to Know About Virgin Galactic and the First Passenger Flight to Space<blockquote>关于维珍银河和首次客运太空飞行需要了解的5件事</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1159307278","media":"Barrons","summary":"Richard Branson’s planned flight to space on Sunday could be a monumental moment for the fledgling s","content":"<p>Richard Branson’s planned flight to space on Sunday could be a monumental moment for the&nbsp;fledgling space tourism industry.</p><p><blockquote>理查德·布兰森计划于周日飞往太空，这对于刚刚起步的太空旅游业来说可能是一个里程碑式的时刻。</blockquote></p><p> So long as there are no issues or delays, the flight will take the 70-year-old founder of&nbsp;Virgin Galactic(ticker: SPCE), company mission specialists, and pilots, on the first passenger trip to space, beating Jeff Bezos’s Blue Origin passenger flight by more than a week.</p><p><blockquote>只要没有问题或延误，这次飞行将带着70岁的维珍银河（股票代码：SPCE）创始人、公司任务专家和飞行员进行首次客运太空之旅，击败杰夫·贝索斯的蓝色起源客运航班一周多。</blockquote></p><p> Here’s what to watch for Sunday, along with some recent history.</p><p><blockquote>以下是周日值得关注的内容，以及一些最近的历史。</blockquote></p><p> <b>When Will the Virgin Galactic Space Flight Take Off?</b></p><p><blockquote><b>维珍银河太空飞行什么时候起飞？</b></blockquote></p><p> The Virgin Galactic Unity 22 spaceflight is expected to launch from Virgin’s spaceport in New Mexico around 9 a.m. eastern time. The launch can be streamed live on the&nbsp;company’s website&nbsp;and on&nbsp;Barron’s&nbsp;below.</p><p><blockquote>维珍银河Unity 22太空飞行预计将于东部时间上午9点左右从新墨西哥州的维珍航天港发射。此次发布会可以在公司网站和下面的《巴伦周刊》上进行现场直播。</blockquote></p><p> <b>How High Up in Space Will Passenger Go?</b></p><p><blockquote><b>乘客会飞到多高的太空？</b></blockquote></p><p> Galactic’s VSS Unity spacecraft will hit speeds of about Mach 3, or three times the speed of sound, and rise to about 300,000 feet, or 57 miles. That’s about 10 times as high as many commercial flights but still considered the edge of space. The suborbital flight will not pass the so-called Karman line, which is what scientists use to define the boundary of outer space. That line is about 62 miles up.</p><p><blockquote>银河的VSS Unity航天器将达到约3马赫的速度，即音速的三倍，并上升到约30万英尺，即57英里。这大约是许多商业飞行的10倍，但仍然被认为是太空的边缘。亚轨道飞行不会通过所谓的卡门线，这是科学家用来定义外太空边界的。那条线大约在62英里处。</blockquote></p><p> Blue Origin plans to take its passengers past the Karman line on its flight.</p><p><blockquote>蓝色起源计划让乘客在航班上经过卡门线。</blockquote></p><p> <b>How Much Did Passengers Pay for the Trip?</b></p><p><blockquote><b>乘客为这次旅行支付了多少钱？</b></blockquote></p><p> Nothing. While this flight could be another step forward for space tourism, the expected crew members are Galactic employees and Branson. Joining the company’s founder on board will be two pilots; Beth Moses, chief astronaut instructor; Colin Bennett, lead operations engineer; and Sirisha Bandla, vice president of government affairs and research operations.</p><p><blockquote>没有。虽然这次飞行可能是太空旅游向前迈出的又一步，但预计的机组人员是银河员工和布兰森。加入公司创始人的将是两名飞行员；贝丝·摩西，首席宇航员教练；Colin Bennett，首席运营工程师；以及政府事务和研究运营副总裁Sirisha Bandla。</blockquote></p><p> Still, Branson is no stranger to publicity. Canaccord analyst Ken Herbert believes&nbsp;it’s possible&nbsp;that Galactic could surprise viewers by bringing a paying customer on board with Branson. That would generate additional buzz for the company.</p><p><blockquote>尽管如此，布兰森对宣传并不陌生。Canaccord分析师肯·赫伯特(Ken Herbert)认为，银河有可能通过布兰森带来付费客户来给观众带来惊喜。这将为公司带来额外的轰动。</blockquote></p><p> A move like that would best space-tourism competitor Blue Origin in another way. Bezos is expected to take the first paying passenger to space on his flight later this month. That seat was auctioned off for&nbsp;$28 million.</p><p><blockquote>这样的举措将以另一种方式击败太空旅游竞争对手蓝色起源。贝佐斯预计将在本月晚些时候乘坐他的航班将第一位付费乘客送往太空。那个座位以2800万美元的价格被拍卖。</blockquote></p><p> A ticket on a future Virgin Galactic flight will run&nbsp;about $250,000.</p><p><blockquote>未来维珍银河航班的机票价格约为25万美元。</blockquote></p><p> <b>What Does the Flight Mean for Investors?</b></p><p><blockquote><b>外逃对投资者意味着什么？</b></blockquote></p><p> The continuation of flight tests brings Galactic one step closer to full commercialization, which means sales and, hopefully, earnings down the road.</p><p><blockquote>飞行测试的继续使Galactic离完全商业化又近了一步，这意味着未来的销售和盈利。</blockquote></p><p> Once fully operational, each Galactic spaceship is expected to make roughly 36 flights a year. Most Galactic spaceships have about six seats for sale. At full capacity, that’s about $54 million per spaceship a year.</p><p><blockquote>一旦全面投入使用，每艘银河飞船预计每年将进行大约36次飞行。大多数银河飞船都有大约六个座位出售。满负荷运转时，每艘宇宙飞船每年的费用约为5400万美元。</blockquote></p><p> Analysts expect Galactic to do about $3 million in 2021 sales, growing to $51 million in 2022 and $555 million by 2025. Earnings and cash flow are expected to turn positive around 2024.</p><p><blockquote>分析师预计，银河2021年的销售额约为300万美元，2022年将增长至5100万美元，到2025年将增长至5.55亿美元。盈利和现金流预计将在2024年左右转正。</blockquote></p><p> The flight and associated news coverage also represent publicity for the company.</p><p><blockquote>该航班和相关新闻报道也代表了公司的宣传。</blockquote></p><p> <b>How Will Virgin Galactic Stock Benefit?</b></p><p><blockquote><b>维珍银河股票将如何受益？</b></blockquote></p><p> A successful test flight is a clear positive for Galactic, but it might not be so for its stock. The news of the flight and the potential benefits are, for the most part, already priced into shares of Virgin Galactic.</p><p><blockquote>成功的试飞对银河来说显然是积极的，但对其股票来说可能并非如此。这次飞行的消息和潜在的好处在很大程度上已经反映在维珍银河的股票中。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/a4113576958bcf043e56e1c92578d0cc\" tg-width=\"840\" tg-height=\"470\"></p><p><blockquote></blockquote></p><p> The stock is up roughly 120% year to date and up more than 200% over the past 12 months, giving the start-up a market capitalization of around $11 billion.</p><p><blockquote>该股今年迄今已上涨约120%，过去12个月上涨超过200%，使这家初创公司的市值约为110亿美元。</blockquote></p><p> Investors shouldn’t be disappointed if the stock doesn’t gain on Monday following a successful flight. The ultimate value of the company will be determined down the road.</p><p><blockquote>如果该股在成功飞行后周一没有上涨，投资者不应该感到失望。公司的最终价值将在未来决定。</blockquote></p><p> Analysts loved the stock when it was cheaper. Back in September, all analysts covering Galactic rated shares Buy. Theaverage Buy-ratingratio for&nbsp;S&amp;P 500&nbsp;stocks is about 55%.</p><p><blockquote>分析师喜欢该股便宜的时候。早在9月份，所有研究银河股票的分析师都给予买入评级。标准普尔500指数股票的平均买入评级约为55%。</blockquote></p><p> Shares were $25 in September. Now, only 30% of analysts rate shares Buy as the stock has rocketed north of $50 a share.</p><p><blockquote>9月份股价为25美元。现在，由于该股已飙升至每股50美元以上，只有30%的分析师将该股评级为买入。</blockquote></p><p></p>","source":"lsy1601382232898","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>5 Things to Know About Virgin Galactic and the First Passenger Flight to Space<blockquote>关于维珍银河和首次客运太空飞行需要了解的5件事</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\">\n5 Things to Know About Virgin Galactic and the First Passenger Flight to Space<blockquote>关于维珍银河和首次客运太空飞行需要了解的5件事</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Barrons</strong><span class=\"h-time small\">2021-07-10 07:34</span>\n</p>\n</h4>\n</header>\n<article>\n<p>Richard Branson’s planned flight to space on Sunday could be a monumental moment for the&nbsp;fledgling space tourism industry.</p><p><blockquote>理查德·布兰森计划于周日飞往太空，这对于刚刚起步的太空旅游业来说可能是一个里程碑式的时刻。</blockquote></p><p> So long as there are no issues or delays, the flight will take the 70-year-old founder of&nbsp;Virgin Galactic(ticker: SPCE), company mission specialists, and pilots, on the first passenger trip to space, beating Jeff Bezos’s Blue Origin passenger flight by more than a week.</p><p><blockquote>只要没有问题或延误，这次飞行将带着70岁的维珍银河（股票代码：SPCE）创始人、公司任务专家和飞行员进行首次客运太空之旅，击败杰夫·贝索斯的蓝色起源客运航班一周多。</blockquote></p><p> Here’s what to watch for Sunday, along with some recent history.</p><p><blockquote>以下是周日值得关注的内容，以及一些最近的历史。</blockquote></p><p> <b>When Will the Virgin Galactic Space Flight Take Off?</b></p><p><blockquote><b>维珍银河太空飞行什么时候起飞？</b></blockquote></p><p> The Virgin Galactic Unity 22 spaceflight is expected to launch from Virgin’s spaceport in New Mexico around 9 a.m. eastern time. The launch can be streamed live on the&nbsp;company’s website&nbsp;and on&nbsp;Barron’s&nbsp;below.</p><p><blockquote>维珍银河Unity 22太空飞行预计将于东部时间上午9点左右从新墨西哥州的维珍航天港发射。此次发布会可以在公司网站和下面的《巴伦周刊》上进行现场直播。</blockquote></p><p> <b>How High Up in Space Will Passenger Go?</b></p><p><blockquote><b>乘客会飞到多高的太空？</b></blockquote></p><p> Galactic’s VSS Unity spacecraft will hit speeds of about Mach 3, or three times the speed of sound, and rise to about 300,000 feet, or 57 miles. That’s about 10 times as high as many commercial flights but still considered the edge of space. The suborbital flight will not pass the so-called Karman line, which is what scientists use to define the boundary of outer space. That line is about 62 miles up.</p><p><blockquote>银河的VSS Unity航天器将达到约3马赫的速度，即音速的三倍，并上升到约30万英尺，即57英里。这大约是许多商业飞行的10倍，但仍然被认为是太空的边缘。亚轨道飞行不会通过所谓的卡门线，这是科学家用来定义外太空边界的。那条线大约在62英里处。</blockquote></p><p> Blue Origin plans to take its passengers past the Karman line on its flight.</p><p><blockquote>蓝色起源计划让乘客在航班上经过卡门线。</blockquote></p><p> <b>How Much Did Passengers Pay for the Trip?</b></p><p><blockquote><b>乘客为这次旅行支付了多少钱？</b></blockquote></p><p> Nothing. While this flight could be another step forward for space tourism, the expected crew members are Galactic employees and Branson. Joining the company’s founder on board will be two pilots; Beth Moses, chief astronaut instructor; Colin Bennett, lead operations engineer; and Sirisha Bandla, vice president of government affairs and research operations.</p><p><blockquote>没有。虽然这次飞行可能是太空旅游向前迈出的又一步，但预计的机组人员是银河员工和布兰森。加入公司创始人的将是两名飞行员；贝丝·摩西，首席宇航员教练；Colin Bennett，首席运营工程师；以及政府事务和研究运营副总裁Sirisha Bandla。</blockquote></p><p> Still, Branson is no stranger to publicity. Canaccord analyst Ken Herbert believes&nbsp;it’s possible&nbsp;that Galactic could surprise viewers by bringing a paying customer on board with Branson. That would generate additional buzz for the company.</p><p><blockquote>尽管如此，布兰森对宣传并不陌生。Canaccord分析师肯·赫伯特(Ken Herbert)认为，银河有可能通过布兰森带来付费客户来给观众带来惊喜。这将为公司带来额外的轰动。</blockquote></p><p> A move like that would best space-tourism competitor Blue Origin in another way. Bezos is expected to take the first paying passenger to space on his flight later this month. That seat was auctioned off for&nbsp;$28 million.</p><p><blockquote>这样的举措将以另一种方式击败太空旅游竞争对手蓝色起源。贝佐斯预计将在本月晚些时候乘坐他的航班将第一位付费乘客送往太空。那个座位以2800万美元的价格被拍卖。</blockquote></p><p> A ticket on a future Virgin Galactic flight will run&nbsp;about $250,000.</p><p><blockquote>未来维珍银河航班的机票价格约为25万美元。</blockquote></p><p> <b>What Does the Flight Mean for Investors?</b></p><p><blockquote><b>外逃对投资者意味着什么？</b></blockquote></p><p> The continuation of flight tests brings Galactic one step closer to full commercialization, which means sales and, hopefully, earnings down the road.</p><p><blockquote>飞行测试的继续使Galactic离完全商业化又近了一步，这意味着未来的销售和盈利。</blockquote></p><p> Once fully operational, each Galactic spaceship is expected to make roughly 36 flights a year. Most Galactic spaceships have about six seats for sale. At full capacity, that’s about $54 million per spaceship a year.</p><p><blockquote>一旦全面投入使用，每艘银河飞船预计每年将进行大约36次飞行。大多数银河飞船都有大约六个座位出售。满负荷运转时，每艘宇宙飞船每年的费用约为5400万美元。</blockquote></p><p> Analysts expect Galactic to do about $3 million in 2021 sales, growing to $51 million in 2022 and $555 million by 2025. Earnings and cash flow are expected to turn positive around 2024.</p><p><blockquote>分析师预计，银河2021年的销售额约为300万美元，2022年将增长至5100万美元，到2025年将增长至5.55亿美元。盈利和现金流预计将在2024年左右转正。</blockquote></p><p> The flight and associated news coverage also represent publicity for the company.</p><p><blockquote>该航班和相关新闻报道也代表了公司的宣传。</blockquote></p><p> <b>How Will Virgin Galactic Stock Benefit?</b></p><p><blockquote><b>维珍银河股票将如何受益？</b></blockquote></p><p> A successful test flight is a clear positive for Galactic, but it might not be so for its stock. The news of the flight and the potential benefits are, for the most part, already priced into shares of Virgin Galactic.</p><p><blockquote>成功的试飞对银河来说显然是积极的，但对其股票来说可能并非如此。这次飞行的消息和潜在的好处在很大程度上已经反映在维珍银河的股票中。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/a4113576958bcf043e56e1c92578d0cc\" tg-width=\"840\" tg-height=\"470\"></p><p><blockquote></blockquote></p><p> The stock is up roughly 120% year to date and up more than 200% over the past 12 months, giving the start-up a market capitalization of around $11 billion.</p><p><blockquote>该股今年迄今已上涨约120%，过去12个月上涨超过200%，使这家初创公司的市值约为110亿美元。</blockquote></p><p> Investors shouldn’t be disappointed if the stock doesn’t gain on Monday following a successful flight. The ultimate value of the company will be determined down the road.</p><p><blockquote>如果该股在成功飞行后周一没有上涨，投资者不应该感到失望。公司的最终价值将在未来决定。</blockquote></p><p> Analysts loved the stock when it was cheaper. Back in September, all analysts covering Galactic rated shares Buy. Theaverage Buy-ratingratio for&nbsp;S&amp;P 500&nbsp;stocks is about 55%.</p><p><blockquote>分析师喜欢该股便宜的时候。早在9月份，所有研究银河股票的分析师都给予买入评级。标准普尔500指数股票的平均买入评级约为55%。</blockquote></p><p> Shares were $25 in September. Now, only 30% of analysts rate shares Buy as the stock has rocketed north of $50 a share.</p><p><blockquote>9月份股价为25美元。现在，由于该股已飙升至每股50美元以上，只有30%的分析师将该股评级为买入。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.barrons.com/articles/virgin-galactic-richard-branson-space-flight-51625848364?mod=hp_LEAD_4\">Barrons</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SPCE":"维珍银河"},"source_url":"https://www.barrons.com/articles/virgin-galactic-richard-branson-space-flight-51625848364?mod=hp_LEAD_4","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1159307278","content_text":"Richard Branson’s planned flight to space on Sunday could be a monumental moment for the fledgling space tourism industry.\nSo long as there are no issues or delays, the flight will take the 70-year-old founder of Virgin Galactic(ticker: SPCE), company mission specialists, and pilots, on the first passenger trip to space, beating Jeff Bezos’s Blue Origin passenger flight by more than a week.\nHere’s what to watch for Sunday, along with some recent history.\nWhen Will the Virgin Galactic Space Flight Take Off?\nThe Virgin Galactic Unity 22 spaceflight is expected to launch from Virgin’s spaceport in New Mexico around 9 a.m. eastern time. The launch can be streamed live on the company’s website and on Barron’s below.\nHow High Up in Space Will Passenger Go?\nGalactic’s VSS Unity spacecraft will hit speeds of about Mach 3, or three times the speed of sound, and rise to about 300,000 feet, or 57 miles. That’s about 10 times as high as many commercial flights but still considered the edge of space. The suborbital flight will not pass the so-called Karman line, which is what scientists use to define the boundary of outer space. That line is about 62 miles up.\nBlue Origin plans to take its passengers past the Karman line on its flight.\nHow Much Did Passengers Pay for the Trip?\nNothing. While this flight could be another step forward for space tourism, the expected crew members are Galactic employees and Branson. Joining the company’s founder on board will be two pilots; Beth Moses, chief astronaut instructor; Colin Bennett, lead operations engineer; and Sirisha Bandla, vice president of government affairs and research operations.\nStill, Branson is no stranger to publicity. Canaccord analyst Ken Herbert believes it’s possible that Galactic could surprise viewers by bringing a paying customer on board with Branson. That would generate additional buzz for the company.\nA move like that would best space-tourism competitor Blue Origin in another way. Bezos is expected to take the first paying passenger to space on his flight later this month. That seat was auctioned off for $28 million.\nA ticket on a future Virgin Galactic flight will run about $250,000.\nWhat Does the Flight Mean for Investors?\nThe continuation of flight tests brings Galactic one step closer to full commercialization, which means sales and, hopefully, earnings down the road.\nOnce fully operational, each Galactic spaceship is expected to make roughly 36 flights a year. Most Galactic spaceships have about six seats for sale. At full capacity, that’s about $54 million per spaceship a year.\nAnalysts expect Galactic to do about $3 million in 2021 sales, growing to $51 million in 2022 and $555 million by 2025. Earnings and cash flow are expected to turn positive around 2024.\nThe flight and associated news coverage also represent publicity for the company.\nHow Will Virgin Galactic Stock Benefit?\nA successful test flight is a clear positive for Galactic, but it might not be so for its stock. The news of the flight and the potential benefits are, for the most part, already priced into shares of Virgin Galactic.\n\nThe stock is up roughly 120% year to date and up more than 200% over the past 12 months, giving the start-up a market capitalization of around $11 billion.\nInvestors shouldn’t be disappointed if the stock doesn’t gain on Monday following a successful flight. The ultimate value of the company will be determined down the road.\nAnalysts loved the stock when it was cheaper. Back in September, all analysts covering Galactic rated shares Buy. Theaverage Buy-ratingratio for S&P 500 stocks is about 55%.\nShares were $25 in September. Now, only 30% of analysts rate shares Buy as the stock has rocketed north of $50 a share.","news_type":1,"symbols_score_info":{"SPCE":0.9}},"isVote":1,"tweetType":1,"viewCount":391,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":126338421,"gmtCreate":1624544042363,"gmtModify":1634004604713,"author":{"id":"3582021842674964","authorId":"3582021842674964","name":"Greenbull18","avatar":"https://static.tigerbbs.com/576bc95bff9dffadad04639941613d8e","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3582021842674964","idStr":"3582021842674964"},"themes":[],"htmlText":"Go go go!","listText":"Go go go!","text":"Go go 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14:41","market":"us","language":"en","title":"Antitrust Activists Want to Go Full Throttle. Here’s a Lesson They Should Consider First<blockquote>反垄断活动人士希望全力以赴。这是他们应该首先考虑的一个教训</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1154216466","media":"Barron's","summary":"About the author: Thomas W. Hazlett is H.H. Macaulay endowed professor of economics at Clemson Unive","content":"<p><i>About the author: Thomas W. Hazlett is H.H. Macaulay endowed professor of economics at Clemson University, and previously served as chief economist of the Federal Communications Commission.&nbsp;His latest book is</i>The Political Spectrum: The Tumultuous Liberation of Wireless Technologies, from Herbert Hoover to the Smartphone.</p><p><blockquote><i>作者简介：托马斯·W·黑兹利特是H.H。麦考利是克莱姆森大学经济学捐赠教授，此前曾担任联邦通信委员会首席经济学家，其最新著作是</i>政治光谱：从赫伯特·胡佛到智能手机，无线技术的混乱解放。</blockquote></p><p> Big Tech is in the antitrust hot seat. But before the Department of Justice tries to break up companies likeGoogleorApple,it should recall the history, and eventual outcome, of theAT&amp;T-Time Warner merger.</p><p><blockquote>大型科技公司陷入反垄断困境。但在司法部试图拆分谷歌或苹果等公司之前，它应该回顾一下美国电话电报公司与时代华纳合并的历史和最终结果。</blockquote></p><p> The DOJ expended extensive time and resources to stop AT&amp;T’s acquisition of Time Warner, marking the department’s first challenge to a major vertical merger in over 40 years. The government was unsuccessful despite its best efforts, which included an appeal to the D.C. Circuit, and time reveals that its concerns were evidently misplaced all along. The merger did not result in higher prices, program blackouts, or even any appreciable advantage for the companies.</p><p><blockquote>DOJ花费了大量时间和资源来阻止美国电话电报公司收购时代华纳，这标志着该部门40多年来首次挑战重大垂直合并。尽管政府尽了最大努力，包括向华盛顿巡回法院上诉，但还是没有成功，《时代》杂志揭示了它的担忧显然一直都是错误的。合并并没有导致更高的价格、项目中断，甚至没有给公司带来任何明显的优势。</blockquote></p><p> In October 2016 AT&amp;Tannouncedits plan to buy Time Warner.&nbsp; Donald Trump’s presidential campaign trashed the merger in a statement: &nbsp;“AT&amp;T … is now trying to buy Time Warner and thus the wildly anti-Trump CNN. Donald Trump would never approve such a deal.”&nbsp; With Trump in office, the DOJ moved to block it.</p><p><blockquote>2016年10月，美国电话电报公司宣布了收购时代华纳的计划。唐纳德·特朗普的总统竞选团队在一份声明中抨击了此次合并：“美国电话电报公司……现在正试图收购时代华纳，从而收购疯狂反特朗普的CNN。唐纳德·特朗普永远不会批准这样的交易。”随着特朗普的上任，DOJ采取行动阻止了它。</blockquote></p><p> In 2017, the DOJ went to court tocomplainthat the merger would “substantially lessen competition in video” by allowing AT&amp;T to “use Time Warner’s ‘must have’” networks like CNN, TNT, TBS, and HBO to raise fees charged to rival cable TV distributors like Comcast or DISH. AT&amp;T, which had acquired national satellite operator DirecTV, could threaten “blackouts” depriving rival distributors of key programs—their subscribers would then quit and flock to DirecTV (AT&amp;T) so as to keep watching CNN or the NBA Playoffs on TNT. Not only would major TV and cable systems be hurt, but emerging online streaming services would be crushed.</p><p><blockquote>2017年，美国司法部向法院投诉称，此次合并将“大大减少视频领域的竞争”，允许美国电话电报公司“使用时代华纳的‘必备’网络，如CNN、TNT、TBS和HBO，提高向竞争对手有线电视收取的费用。康卡斯特或DISH等分销商。收购了国家卫星运营商DirecTV的美国电话电报公司可能会威胁“停电”，剥夺竞争对手分销商的关键节目——他们的订户会退出，涌向DirecTV（美国电话电报公司），以便继续在TNT上观看CNN或NBA季后赛。不仅主要的电视和有线电视系统会受到伤害，新兴的在线流媒体服务也会受到挤压。</blockquote></p><p> The government’s case focused on “vertical leveraging,” where a company uses two complementary products to make it more difficult for rivals to compete in the individual markets.&nbsp;Here, AT&amp;T was combining video content creation with video program distribution; the allegation was that competitors in either segment might be hurt.&nbsp;Yet there are clear efficiencies to be had, as widely found in studies of vertically integrated firms, with joint operations boosting consumer happiness. Buyers at Costco eagerly snap up Costco-supplied Kirkland products—which the retailer stocks in place of those of some independent producers—if they improve price or quality.&nbsp;So facts, not just a story, are needed.&nbsp; District Court Judge Richard J. Leonfoundthat the DOJ case “falls far short of establishing the validity of its… theory.”</p><p><blockquote>政府的案例集中在“垂直杠杆”上，即一家公司使用两种互补的产品，使竞争对手更难在单个市场竞争。在这里，美国电话电报公司将视频内容创作与视频节目分发相结合；指控是，这两个领域的竞争对手都可能受到伤害。然而，正如在对垂直整合公司的研究中广泛发现的那样，联合运营会提高消费者的幸福感，这是显而易见的。如果Costco供应的Kirkland产品提高了价格或质量，Costco的买家就会急切地snap这些产品——零售商用这些产品代替了一些独立生产商的产品。因此，需要的是事实，而不仅仅是一个故事。地区法院法官Richard J.Leon发现，司法部的案件“远远没有证明其……理论的有效性。”</blockquote></p><p> Aside from the political overtones of the case, there was good historical reason to doubt the official complaint. A cable TV programmer combined with (or split from) a video distributor several times in recent years.&nbsp;Vertical integration did not cause higher prices, as shown by econometric analysis. Nor did vertical integration lead to “blackouts,” as the DOJ conceded. A three-judge panel of the D.C. Circuit confirmed Judge Leon’s opinion, finding that “the industry had become dynamic in recent years with the emergence, for example, of Netflix and Hulu.”</p><p><blockquote>除了此案的政治含义，有充分的历史理由怀疑官方的投诉。一家有线电视节目制作商近年来数次与一家视频分销商合并（或分拆）。垂直整合并没有引起更高的价格，如计量经济学分析所示。正如司法部承认的那样，垂直整合也没有导致“停电”。华盛顿巡回法院的三名法官小组证实了莱昂法官的观点，发现“近年来，随着Netflix和Hulu等公司的出现，该行业变得充满活力。”</blockquote></p><p> Owning DirecTV and Time Warner together turned out to be not much advantage, let alone a monopoly. Despite a huge boost in pandemic demand for video content, rivals soon dined on AT&amp;T-Time Warner’s lunch. When AT&amp;T bought DirecTV in 2015, it paid $67 billion.&nbsp;In February 2021, with DirecTV’s satellite subscriber base collapsing, the spun-off operation wasvaluedat $16.3 billion.</p><p><blockquote>事实证明，同时拥有DirecTV和时代华纳并没有多大优势，更不用说垄断了。尽管疫情对视频内容的需求大幅增长，但竞争对手很快就享用了AT&amp;T-时代华纳的午餐。当美国电话电报公司在2015年收购DirecTV时，它支付了670亿美元。2021年2月，随着DirecTV的卫星用户群崩溃，分拆业务的价值为163亿美元。</blockquote></p><p> And AT&amp;Tthen unloaded the video assets of Time Warner. A new enterprise—Warner Bros. Discovery—is being spun off and merged with Discovery (Discovery Channel, Animal Planet, TLC, HGTV, the Food Networkand more). The content-only firm voluntarily severs the link the DOJ critiqued as easy monopoly money. With the allegations of anticompetitive bundling, it has been cast off as not worth the trouble.AT&amp;T shareholders receive $43 billion, less than half the $100 billion AT&amp;T expended (in debt and equity) for Time Warner three years ago. The government’s scenario of anti-competitive vertical integration proved a fantasy.</p><p><blockquote>AT&amp;T当时出售了时代华纳的视频资产。一家新企业——华纳兄弟探索频道——正在剥离并与探索频道（探索频道、动物星球、TLC、HGTV、美食网等）合并。这家只提供内容的公司自愿切断了司法部批评为轻松垄断资金的链接。由于反竞争捆绑的指控，它被认为不值得麻烦。AT&amp;T股东获得了430亿美元，不到三年前AT&amp;T为时代华纳花费的1000亿美元（债务和股权）的一半。事实证明，政府反竞争纵向一体化的设想是一种幻想。</blockquote></p><p></p><p> AT&amp;T’s maneuvers deserve whatever scorn billions in shareholder losses can buy. A cynic might offer that antitrust laws be beefed up to protect against such corporate errors, ignoring that economic penalties—more reliable and harsher than whatever antitrust enforcers might deal—are visibly in place. But little note has been made of the ironic political saga. Policymakers are moving full throttle to enact statutes to beef up antitrust prosecution in tech for exactly what AT&amp;T so spectacularly failed to do in video.&nbsp; Rep. Pramila Jayapal (D-Wash.) and Rep. Lance Gooden (R-Texas) introduced the “Ending Monopoly Platforms Act” that would restrict vertical mergers in online services, for example. At least five other bills for new antitrust rules have been introduced.</p><p><blockquote>美国电话电报公司的策略值得数十亿股东损失所能买到的任何蔑视。愤世嫉俗者可能会建议加强反垄断法，以防止此类企业错误，而忽视了经济处罚——比反垄断执法者可能处理的任何事情都更可靠、更严厉——显然已经到位。但是很少有人注意到这个具有讽刺意味的政治传奇。政策制定者正在全力以赴制定法规，加强科技领域的反垄断起诉，这正是美国电话电报公司在视频领域未能做到的。众议员普拉米拉·贾亚帕尔（D-Wash。）和众议员兰斯·古登（R-Texas）提出了“结束垄断平台法案”，例如，该法案将限制在线服务的垂直合并。至少还有五项新的反垄断规则法案已经出台。</blockquote></p><p> Not only can such policies be expensive legal diversions, they can block the innovations igniting exciting new choices for customers. Netflix has integrated from streaming into movie production, after launching Roku. Hulu was created by News Corp. (Fox) and NBC-Universal (Comcast).&nbsp;Amazon Prime Video, Sling, YouTube TV, Apple TV, Disney Plus, HBO Max and Paramount Plus—each has extended a large media or e-commerce platform. Each evolved from a quest for better products. Treating entrepreneurship as suspect puts the screws to just the disruptions now roiling online entertainment markets. AT&amp;T learned the hard way that owning complementary products is no guarantee of success. </p><p><blockquote>此类政策不仅可能是昂贵的法律转移，还可能阻碍为客户带来令人兴奋的新选择的创新。在推出Roku后，Netflix已从流媒体融入电影制作。Hulu是由新闻集团（Fox）和NBC-Universal（Comcast）创建的。Amazon Prime Video、Sling、YouTube TV、苹果TV、Disney Plus、HBO Max和Paramount Plus——每个都扩展了一个大型媒体或电子商务平台。每一个都是从对更好产品的追求演变而来的。将企业家精神视为嫌疑人只会加剧目前扰乱在线娱乐市场的混乱。美国电话电报公司惨痛地认识到，拥有互补产品并不能保证成功。</blockquote></p><p></p>","source":"lsy1610680873436","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Antitrust Activists Want to Go Full Throttle. Here’s a Lesson They Should Consider First<blockquote>反垄断活动人士希望全力以赴。这是他们应该首先考虑的一个教训</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\">\nAntitrust Activists Want to Go Full Throttle. Here’s a Lesson They Should Consider First<blockquote>反垄断活动人士希望全力以赴。这是他们应该首先考虑的一个教训</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Barron's</strong><span class=\"h-time small\">2021-07-31 14:41</span>\n</p>\n</h4>\n</header>\n<article>\n<p><i>About the author: Thomas W. Hazlett is H.H. Macaulay endowed professor of economics at Clemson University, and previously served as chief economist of the Federal Communications Commission.&nbsp;His latest book is</i>The Political Spectrum: The Tumultuous Liberation of Wireless Technologies, from Herbert Hoover to the Smartphone.</p><p><blockquote><i>作者简介：托马斯·W·黑兹利特是H.H。麦考利是克莱姆森大学经济学捐赠教授，此前曾担任联邦通信委员会首席经济学家，其最新著作是</i>政治光谱：从赫伯特·胡佛到智能手机，无线技术的混乱解放。</blockquote></p><p> Big Tech is in the antitrust hot seat. But before the Department of Justice tries to break up companies likeGoogleorApple,it should recall the history, and eventual outcome, of theAT&amp;T-Time Warner merger.</p><p><blockquote>大型科技公司陷入反垄断困境。但在司法部试图拆分谷歌或苹果等公司之前，它应该回顾一下美国电话电报公司与时代华纳合并的历史和最终结果。</blockquote></p><p> The DOJ expended extensive time and resources to stop AT&amp;T’s acquisition of Time Warner, marking the department’s first challenge to a major vertical merger in over 40 years. The government was unsuccessful despite its best efforts, which included an appeal to the D.C. Circuit, and time reveals that its concerns were evidently misplaced all along. The merger did not result in higher prices, program blackouts, or even any appreciable advantage for the companies.</p><p><blockquote>DOJ花费了大量时间和资源来阻止美国电话电报公司收购时代华纳，这标志着该部门40多年来首次挑战重大垂直合并。尽管政府尽了最大努力，包括向华盛顿巡回法院上诉，但还是没有成功，《时代》杂志揭示了它的担忧显然一直都是错误的。合并并没有导致更高的价格、项目中断，甚至没有给公司带来任何明显的优势。</blockquote></p><p> In October 2016 AT&amp;Tannouncedits plan to buy Time Warner.&nbsp; Donald Trump’s presidential campaign trashed the merger in a statement: &nbsp;“AT&amp;T … is now trying to buy Time Warner and thus the wildly anti-Trump CNN. Donald Trump would never approve such a deal.”&nbsp; With Trump in office, the DOJ moved to block it.</p><p><blockquote>2016年10月，美国电话电报公司宣布了收购时代华纳的计划。唐纳德·特朗普的总统竞选团队在一份声明中抨击了此次合并：“美国电话电报公司……现在正试图收购时代华纳，从而收购疯狂反特朗普的CNN。唐纳德·特朗普永远不会批准这样的交易。”随着特朗普的上任，DOJ采取行动阻止了它。</blockquote></p><p> In 2017, the DOJ went to court tocomplainthat the merger would “substantially lessen competition in video” by allowing AT&amp;T to “use Time Warner’s ‘must have’” networks like CNN, TNT, TBS, and HBO to raise fees charged to rival cable TV distributors like Comcast or DISH. AT&amp;T, which had acquired national satellite operator DirecTV, could threaten “blackouts” depriving rival distributors of key programs—their subscribers would then quit and flock to DirecTV (AT&amp;T) so as to keep watching CNN or the NBA Playoffs on TNT. Not only would major TV and cable systems be hurt, but emerging online streaming services would be crushed.</p><p><blockquote>2017年，美国司法部向法院投诉称，此次合并将“大大减少视频领域的竞争”，允许美国电话电报公司“使用时代华纳的‘必备’网络，如CNN、TNT、TBS和HBO，提高向竞争对手有线电视收取的费用。康卡斯特或DISH等分销商。收购了国家卫星运营商DirecTV的美国电话电报公司可能会威胁“停电”，剥夺竞争对手分销商的关键节目——他们的订户会退出，涌向DirecTV（美国电话电报公司），以便继续在TNT上观看CNN或NBA季后赛。不仅主要的电视和有线电视系统会受到伤害，新兴的在线流媒体服务也会受到挤压。</blockquote></p><p> The government’s case focused on “vertical leveraging,” where a company uses two complementary products to make it more difficult for rivals to compete in the individual markets.&nbsp;Here, AT&amp;T was combining video content creation with video program distribution; the allegation was that competitors in either segment might be hurt.&nbsp;Yet there are clear efficiencies to be had, as widely found in studies of vertically integrated firms, with joint operations boosting consumer happiness. Buyers at Costco eagerly snap up Costco-supplied Kirkland products—which the retailer stocks in place of those of some independent producers—if they improve price or quality.&nbsp;So facts, not just a story, are needed.&nbsp; District Court Judge Richard J. Leonfoundthat the DOJ case “falls far short of establishing the validity of its… theory.”</p><p><blockquote>政府的案例集中在“垂直杠杆”上，即一家公司使用两种互补的产品，使竞争对手更难在单个市场竞争。在这里，美国电话电报公司将视频内容创作与视频节目分发相结合；指控是，这两个领域的竞争对手都可能受到伤害。然而，正如在对垂直整合公司的研究中广泛发现的那样，联合运营会提高消费者的幸福感，这是显而易见的。如果Costco供应的Kirkland产品提高了价格或质量，Costco的买家就会急切地snap这些产品——零售商用这些产品代替了一些独立生产商的产品。因此，需要的是事实，而不仅仅是一个故事。地区法院法官Richard J.Leon发现，司法部的案件“远远没有证明其……理论的有效性。”</blockquote></p><p> Aside from the political overtones of the case, there was good historical reason to doubt the official complaint. A cable TV programmer combined with (or split from) a video distributor several times in recent years.&nbsp;Vertical integration did not cause higher prices, as shown by econometric analysis. Nor did vertical integration lead to “blackouts,” as the DOJ conceded. A three-judge panel of the D.C. Circuit confirmed Judge Leon’s opinion, finding that “the industry had become dynamic in recent years with the emergence, for example, of Netflix and Hulu.”</p><p><blockquote>除了此案的政治含义，有充分的历史理由怀疑官方的投诉。一家有线电视节目制作商近年来数次与一家视频分销商合并（或分拆）。垂直整合并没有引起更高的价格，如计量经济学分析所示。正如司法部承认的那样，垂直整合也没有导致“停电”。华盛顿巡回法院的三名法官小组证实了莱昂法官的观点，发现“近年来，随着Netflix和Hulu等公司的出现，该行业变得充满活力。”</blockquote></p><p> Owning DirecTV and Time Warner together turned out to be not much advantage, let alone a monopoly. Despite a huge boost in pandemic demand for video content, rivals soon dined on AT&amp;T-Time Warner’s lunch. When AT&amp;T bought DirecTV in 2015, it paid $67 billion.&nbsp;In February 2021, with DirecTV’s satellite subscriber base collapsing, the spun-off operation wasvaluedat $16.3 billion.</p><p><blockquote>事实证明，同时拥有DirecTV和时代华纳并没有多大优势，更不用说垄断了。尽管疫情对视频内容的需求大幅增长，但竞争对手很快就享用了AT&amp;T-时代华纳的午餐。当美国电话电报公司在2015年收购DirecTV时，它支付了670亿美元。2021年2月，随着DirecTV的卫星用户群崩溃，分拆业务的价值为163亿美元。</blockquote></p><p> And AT&amp;Tthen unloaded the video assets of Time Warner. A new enterprise—Warner Bros. Discovery—is being spun off and merged with Discovery (Discovery Channel, Animal Planet, TLC, HGTV, the Food Networkand more). The content-only firm voluntarily severs the link the DOJ critiqued as easy monopoly money. With the allegations of anticompetitive bundling, it has been cast off as not worth the trouble.AT&amp;T shareholders receive $43 billion, less than half the $100 billion AT&amp;T expended (in debt and equity) for Time Warner three years ago. The government’s scenario of anti-competitive vertical integration proved a fantasy.</p><p><blockquote>AT&amp;T当时出售了时代华纳的视频资产。一家新企业——华纳兄弟探索频道——正在剥离并与探索频道（探索频道、动物星球、TLC、HGTV、美食网等）合并。这家只提供内容的公司自愿切断了司法部批评为轻松垄断资金的链接。由于反竞争捆绑的指控，它被认为不值得麻烦。AT&amp;T股东获得了430亿美元，不到三年前AT&amp;T为时代华纳花费的1000亿美元（债务和股权）的一半。事实证明，政府反竞争纵向一体化的设想是一种幻想。</blockquote></p><p></p><p> AT&amp;T’s maneuvers deserve whatever scorn billions in shareholder losses can buy. A cynic might offer that antitrust laws be beefed up to protect against such corporate errors, ignoring that economic penalties—more reliable and harsher than whatever antitrust enforcers might deal—are visibly in place. But little note has been made of the ironic political saga. Policymakers are moving full throttle to enact statutes to beef up antitrust prosecution in tech for exactly what AT&amp;T so spectacularly failed to do in video.&nbsp; Rep. Pramila Jayapal (D-Wash.) and Rep. Lance Gooden (R-Texas) introduced the “Ending Monopoly Platforms Act” that would restrict vertical mergers in online services, for example. At least five other bills for new antitrust rules have been introduced.</p><p><blockquote>美国电话电报公司的策略值得数十亿股东损失所能买到的任何蔑视。愤世嫉俗者可能会建议加强反垄断法，以防止此类企业错误，而忽视了经济处罚——比反垄断执法者可能处理的任何事情都更可靠、更严厉——显然已经到位。但是很少有人注意到这个具有讽刺意味的政治传奇。政策制定者正在全力以赴制定法规，加强科技领域的反垄断起诉，这正是美国电话电报公司在视频领域未能做到的。众议员普拉米拉·贾亚帕尔（D-Wash。）和众议员兰斯·古登（R-Texas）提出了“结束垄断平台法案”，例如，该法案将限制在线服务的垂直合并。至少还有五项新的反垄断规则法案已经出台。</blockquote></p><p> Not only can such policies be expensive legal diversions, they can block the innovations igniting exciting new choices for customers. Netflix has integrated from streaming into movie production, after launching Roku. Hulu was created by News Corp. (Fox) and NBC-Universal (Comcast).&nbsp;Amazon Prime Video, Sling, YouTube TV, Apple TV, Disney Plus, HBO Max and Paramount Plus—each has extended a large media or e-commerce platform. Each evolved from a quest for better products. Treating entrepreneurship as suspect puts the screws to just the disruptions now roiling online entertainment markets. AT&amp;T learned the hard way that owning complementary products is no guarantee of success. </p><p><blockquote>此类政策不仅可能是昂贵的法律转移，还可能阻碍为客户带来令人兴奋的新选择的创新。在推出Roku后，Netflix已从流媒体融入电影制作。Hulu是由新闻集团（Fox）和NBC-Universal（Comcast）创建的。Amazon Prime Video、Sling、YouTube TV、苹果TV、Disney Plus、HBO Max和Paramount Plus——每个都扩展了一个大型媒体或电子商务平台。每一个都是从对更好产品的追求演变而来的。将企业家精神视为嫌疑人只会加剧目前扰乱在线娱乐市场的混乱。美国电话电报公司惨痛地认识到，拥有互补产品并不能保证成功。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.barrons.com/articles/antitrust-activists-want-to-go-full-throttle-heres-a-lesson-they-should-consider-first-51627509048?mod=hp_COMMENTARY_3\">Barron's</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.barrons.com/articles/antitrust-activists-want-to-go-full-throttle-heres-a-lesson-they-should-consider-first-51627509048?mod=hp_COMMENTARY_3","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1154216466","content_text":"About the author: Thomas W. Hazlett is H.H. Macaulay endowed professor of economics at Clemson University, and previously served as chief economist of the Federal Communications Commission. His latest book isThe Political Spectrum: The Tumultuous Liberation of Wireless Technologies, from Herbert Hoover to the Smartphone.\nBig Tech is in the antitrust hot seat. But before the Department of Justice tries to break up companies likeGoogleorApple,it should recall the history, and eventual outcome, of theAT&T-Time Warner merger.\nThe DOJ expended extensive time and resources to stop AT&T’s acquisition of Time Warner, marking the department’s first challenge to a major vertical merger in over 40 years. The government was unsuccessful despite its best efforts, which included an appeal to the D.C. Circuit, and time reveals that its concerns were evidently misplaced all along. The merger did not result in higher prices, program blackouts, or even any appreciable advantage for the companies.\nIn October 2016 AT&Tannouncedits plan to buy Time Warner.  Donald Trump’s presidential campaign trashed the merger in a statement:  “AT&T … is now trying to buy Time Warner and thus the wildly anti-Trump CNN. Donald Trump would never approve such a deal.”  With Trump in office, the DOJ moved to block it.\nIn 2017, the DOJ went to court tocomplainthat the merger would “substantially lessen competition in video” by allowing AT&T to “use Time Warner’s ‘must have’” networks like CNN, TNT, TBS, and HBO to raise fees charged to rival cable TV distributors like Comcast or DISH. AT&T, which had acquired national satellite operator DirecTV, could threaten “blackouts” depriving rival distributors of key programs—their subscribers would then quit and flock to DirecTV (AT&T) so as to keep watching CNN or the NBA Playoffs on TNT. Not only would major TV and cable systems be hurt, but emerging online streaming services would be crushed.\nThe government’s case focused on “vertical leveraging,” where a company uses two complementary products to make it more difficult for rivals to compete in the individual markets. Here, AT&T was combining video content creation with video program distribution; the allegation was that competitors in either segment might be hurt. Yet there are clear efficiencies to be had, as widely found in studies of vertically integrated firms, with joint operations boosting consumer happiness. Buyers at Costco eagerly snap up Costco-supplied Kirkland products—which the retailer stocks in place of those of some independent producers—if they improve price or quality. So facts, not just a story, are needed.  District Court Judge Richard J. Leonfoundthat the DOJ case “falls far short of establishing the validity of its… theory.”\nAside from the political overtones of the case, there was good historical reason to doubt the official complaint. A cable TV programmer combined with (or split from) a video distributor several times in recent years. Vertical integration did not cause higher prices, as shown by econometric analysis. Nor did vertical integration lead to “blackouts,” as the DOJ conceded. A three-judge panel of the D.C. Circuit confirmed Judge Leon’s opinion, finding that “the industry had become dynamic in recent years with the emergence, for example, of Netflix and Hulu.”\nOwning DirecTV and Time Warner together turned out to be not much advantage, let alone a monopoly. Despite a huge boost in pandemic demand for video content, rivals soon dined on AT&T-Time Warner’s lunch. When AT&T bought DirecTV in 2015, it paid $67 billion. In February 2021, with DirecTV’s satellite subscriber base collapsing, the spun-off operation wasvaluedat $16.3 billion.\nAnd AT&Tthen unloaded the video assets of Time Warner. A new enterprise—Warner Bros. Discovery—is being spun off and merged with Discovery (Discovery Channel, Animal Planet, TLC, HGTV, the Food Networkand more). The content-only firm voluntarily severs the link the DOJ critiqued as easy monopoly money. With the allegations of anticompetitive bundling, it has been cast off as not worth the trouble.AT&T shareholders receive $43 billion, less than half the $100 billion AT&T expended (in debt and equity) for Time Warner three years ago. The government’s scenario of anti-competitive vertical integration proved a fantasy.\nAT&T’s maneuvers deserve whatever scorn billions in shareholder losses can buy. A cynic might offer that antitrust laws be beefed up to protect against such corporate errors, ignoring that economic penalties—more reliable and harsher than whatever antitrust enforcers might deal—are visibly in place. But little note has been made of the ironic political saga. Policymakers are moving full throttle to enact statutes to beef up antitrust prosecution in tech for exactly what AT&T so spectacularly failed to do in video.  Rep. Pramila Jayapal (D-Wash.) and Rep. Lance Gooden (R-Texas) introduced the “Ending Monopoly Platforms Act” that would restrict vertical mergers in online services, for example. At least five other bills for new antitrust rules have been introduced.\nNot only can such policies be expensive legal diversions, they can block the innovations igniting exciting new choices for customers. Netflix has integrated from streaming into movie production, after launching Roku. Hulu was created by News Corp. (Fox) and NBC-Universal (Comcast). Amazon Prime Video, Sling, YouTube TV, Apple TV, Disney Plus, HBO Max and Paramount Plus—each has extended a large media or e-commerce platform. Each evolved from a quest for better products. Treating entrepreneurship as suspect puts the screws to just the disruptions now roiling online entertainment markets. AT&T learned the hard way that owning complementary products is no guarantee of success.","news_type":1,"symbols_score_info":{}},"isVote":1,"tweetType":1,"viewCount":774,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":800987694,"gmtCreate":1627272233818,"gmtModify":1633766636710,"author":{"id":"3582021842674964","authorId":"3582021842674964","name":"Greenbull18","avatar":"https://static.tigerbbs.com/576bc95bff9dffadad04639941613d8e","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3582021842674964","idStr":"3582021842674964"},"themes":[],"htmlText":"[Smile]&nbsp;","listText":"[Smile]&nbsp;","text":"[Smile]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/800987694","repostId":"1137538067","repostType":4,"repost":{"id":"1137538067","kind":"news","pubTimestamp":1627268705,"share":"https://www.laohu8.com/m/news/1137538067?lang=zh_CN&edition=full","pubTime":"2021-07-26 11:05","market":"us","language":"en","title":"American Express is the Dow's top stock for 2021. Here's why<blockquote>美国运通是2021年道琼斯指数涨幅最高的股票。原因如下</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1137538067","media":"CNN","summary":"New York (CNN Business)American Express is the top stock in the Dow so far this year, and AmEx's ear","content":"<p>New York (CNN Business)American Express is the top stock in the Dow so far this year, and AmEx's earnings on Friday morning show why investors are never leaving home without it.</p><p><blockquote>纽约（CNN商业）美国运通是今年迄今为止道琼斯指数中最高的股票，美国运通周五上午的财报显示了为什么投资者永远不会离开家没有它。</blockquote></p><p> The credit card giant reported a quarterly profit of $2.3 billion, easily topping Wall Street's forecasts. Revenue for American Express (AXP) came in at $10.2 billion, a 33% jump from the second quarter of 2020 and also ahead of consensus estimates. The stock rose nearly 4% Friday on the news.</p><p><blockquote>这家信用卡巨头公布季度利润为23亿美元，轻松超过华尔街的预期。美国运通(AXP)的收入为102亿美元，较2020年第二季度增长33%，也高于市场普遍预期。受此消息影响，该股周五上涨近4%。</blockquote></p><p> The stock is up more-than 45% this year, putting AmEx slightly ahead of Goldman Sachs. Like Goldman (GS) and other top financial stocks, Amex has thrived during the past few months as the economy has roared back to life following the brief Covid recession last year and consumers started spending again.</p><p><blockquote>该股今年上涨了45%以上，使美国运通略微领先于高盛。与高盛（GS）和其他顶级金融股一样，美国运通在过去几个月里蓬勃发展，因为经济在去年短暂的新冠疫情衰退后复苏，消费者再次开始消费。</blockquote></p><p> AmEx also has outperformed credit card rivals Mastercard (MA) and fellow Dow component Visa (V), which are up 7% and 12% respectively in 2021.</p><p><blockquote>美国运通的表现也优于信用卡竞争对手万事达卡(MA)和道指成分股Visa(V)，后者在2021年分别上涨了7%和12%。</blockquote></p><p> The company has enjoyed an impressive run since CEO Stephen Squeri took over in 2018 from longtime AmEx chief Ken Chenault.</p><p><blockquote>自首席执行官斯蒂芬·斯奎里(Stephen Squeri)于2018年接替长期担任美国运通首席执行官的肯·陈纳德(Ken Chenault)以来，该公司的业绩令人印象深刻。</blockquote></p><p> Squeri has boosted AmEx's investments in tech and diversified into other areas like small biz lending with last year's acquisition of fintech startup Kabbage, a tech company aimed at small businesses. AmEx launched a new Kabbage checking account for that market last month.</p><p><blockquote>Squeri去年收购了金融科技初创公司Kabbage（一家针对小企业的科技公司），增加了美国运通在科技领域的投资，并多元化进入小企业贷款等其他领域。美国运通上个月为该市场推出了一个新的Kabbage支票账户。</blockquote></p><p> \"Our strong second-quarter results show that the steps we have taken to manage the company through the pandemic and our strategy of investing to rebuild our growth momentum are paying off,\" Squeri said in the company's earnings release.</p><p><blockquote>斯奎里在公司财报中表示：“我们强劲的第二季度业绩表明，我们为管理公司度过疫情而采取的措施以及重建增长势头的投资战略正在得到回报。”</blockquote></p><p> Squeri also said during a conference call with analysts Friday morning that AmEx is holding up well despite increased competition from technology companies like Square (SQ) and Venmo owner PayPal (PYPL) as well as traditional card issuers such as Capital One (COF) and US Bancorp (USB).</p><p><blockquote>Squeri还在周五上午与分析师举行的电话会议上表示，尽管来自Square(SQ)和Venmo所有者PayPal(PYPL)等科技公司以及Capital One(COF)等传统发卡机构的竞争加剧，但美国运通仍表现良好。银行（USB）。</blockquote></p><p> \"There is a lot of competition. There's a lot of fintechs. There are banks out there,\" Squeri said, noting that the banks in particular are \"aggressive.\"</p><p><blockquote>“竞争很激烈。有很多金融科技公司。那里有银行，”斯奎里说，并指出银行尤其“激进”。</blockquote></p><p> AmEx doing a better job of reaching younger customers</p><p><blockquote>美国运通在接触年轻客户方面做得更好</blockquote></p><p> Executives noted that AmEx has also done a better job of reaching younger consumers.</p><p><blockquote>高管们指出，美国运通在接触年轻消费者方面也做得更好。</blockquote></p><p> Chief financial officer Jeffrey Campbell said during the conference call that AmEx spent $1.3 billion on marketing expenses (which includes advertising) in the second quarter. The company plans to spend about $5 billion total on marketing this year, Campbell said.</p><p><blockquote>首席财务官Jeffrey Campbell在电话会议上表示，美国运通第二季度在营销费用（其中包括广告）上花费了13亿美元。坎贝尔说，该公司计划今年在营销上总共花费约50亿美元。</blockquote></p><p> For example, a new AmEx commercial this year shows a woman trying on jeans again after presumably wearing sweatpants while working from home for the past few months.</p><p><blockquote>例如，美国运通今年的一个新广告显示，一名女性在过去几个月在家工作时可能穿着运动裤，之后再次试穿牛仔裤。</blockquote></p><p> \"We saw card member spending accelerate from the prior quarter and exceed pre-pandemic levels in June, with the largest portion of this spending growth coming from Millennial, Gen Z, and small business customers,\" Squeri said in the press release.</p><p><blockquote>Squeri在新闻稿中表示：“我们看到持卡人的支出较上一季度加速，并在6月份超过了大流行前的水平，其中支出增长的最大部分来自千禧一代、Z世代和小企业客户。”</blockquote></p><p> During the conference call, Squeri said younger consumers are going out more and starting to take vacations again, which also is giving the company a boost.</p><p><blockquote>斯奎里表示，在电话会议期间，年轻消费者更多地外出并开始再次度假，这也给公司带来了提振。</blockquote></p><p> AmEx has co-branded cards with Delta (DAL) and Hilton (HLT), and Squeri said spending volume for both increased by double digit percentages in the quarter.</p><p><blockquote>美国运通与达美航空(DAL)和希尔顿(HLT)拥有联名卡，Squeri表示，这两家公司的消费额在本季度均增长了两位数百分比。</blockquote></p><p> \"Travel and entertainment spending also accelerated in the quarter, particularly in the US, where a growing percentage of the population is now fully vaccinated,\" he said.</p><p><blockquote>他说：“本季度旅行和娱乐支出也有所加速，特别是在美国，现在越来越多的人口完全接种了疫苗。”</blockquote></p><p> AmEx also recently relaunched its vaunted Platinum card, offering more travel and shopping benefits for average consumers. The company boosted the annual fee for this high-end card.</p><p><blockquote>美国运通最近还重新推出了其引以为豪的白金卡，为普通消费者提供更多旅行和购物优惠。该公司提高了这张高端卡的年费。</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>American Express is the Dow's top stock for 2021. Here's why<blockquote>美国运通是2021年道琼斯指数涨幅最高的股票。原因如下</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAmerican Express is the Dow's top stock for 2021. Here's why<blockquote>美国运通是2021年道琼斯指数涨幅最高的股票。原因如下</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">CNN</strong><span class=\"h-time small\">2021-07-26 11:05</span>\n</p>\n</h4>\n</header>\n<article>\n<p>New York (CNN Business)American Express is the top stock in the Dow so far this year, and AmEx's earnings on Friday morning show why investors are never leaving home without it.</p><p><blockquote>纽约（CNN商业）美国运通是今年迄今为止道琼斯指数中最高的股票，美国运通周五上午的财报显示了为什么投资者永远不会离开家没有它。</blockquote></p><p> The credit card giant reported a quarterly profit of $2.3 billion, easily topping Wall Street's forecasts. Revenue for American Express (AXP) came in at $10.2 billion, a 33% jump from the second quarter of 2020 and also ahead of consensus estimates. The stock rose nearly 4% Friday on the news.</p><p><blockquote>这家信用卡巨头公布季度利润为23亿美元，轻松超过华尔街的预期。美国运通(AXP)的收入为102亿美元，较2020年第二季度增长33%，也高于市场普遍预期。受此消息影响，该股周五上涨近4%。</blockquote></p><p> The stock is up more-than 45% this year, putting AmEx slightly ahead of Goldman Sachs. Like Goldman (GS) and other top financial stocks, Amex has thrived during the past few months as the economy has roared back to life following the brief Covid recession last year and consumers started spending again.</p><p><blockquote>该股今年上涨了45%以上，使美国运通略微领先于高盛。与高盛（GS）和其他顶级金融股一样，美国运通在过去几个月里蓬勃发展，因为经济在去年短暂的新冠疫情衰退后复苏，消费者再次开始消费。</blockquote></p><p> AmEx also has outperformed credit card rivals Mastercard (MA) and fellow Dow component Visa (V), which are up 7% and 12% respectively in 2021.</p><p><blockquote>美国运通的表现也优于信用卡竞争对手万事达卡(MA)和道指成分股Visa(V)，后者在2021年分别上涨了7%和12%。</blockquote></p><p> The company has enjoyed an impressive run since CEO Stephen Squeri took over in 2018 from longtime AmEx chief Ken Chenault.</p><p><blockquote>自首席执行官斯蒂芬·斯奎里(Stephen Squeri)于2018年接替长期担任美国运通首席执行官的肯·陈纳德(Ken Chenault)以来，该公司的业绩令人印象深刻。</blockquote></p><p> Squeri has boosted AmEx's investments in tech and diversified into other areas like small biz lending with last year's acquisition of fintech startup Kabbage, a tech company aimed at small businesses. AmEx launched a new Kabbage checking account for that market last month.</p><p><blockquote>Squeri去年收购了金融科技初创公司Kabbage（一家针对小企业的科技公司），增加了美国运通在科技领域的投资，并多元化进入小企业贷款等其他领域。美国运通上个月为该市场推出了一个新的Kabbage支票账户。</blockquote></p><p> \"Our strong second-quarter results show that the steps we have taken to manage the company through the pandemic and our strategy of investing to rebuild our growth momentum are paying off,\" Squeri said in the company's earnings release.</p><p><blockquote>斯奎里在公司财报中表示：“我们强劲的第二季度业绩表明，我们为管理公司度过疫情而采取的措施以及重建增长势头的投资战略正在得到回报。”</blockquote></p><p> Squeri also said during a conference call with analysts Friday morning that AmEx is holding up well despite increased competition from technology companies like Square (SQ) and Venmo owner PayPal (PYPL) as well as traditional card issuers such as Capital One (COF) and US Bancorp (USB).</p><p><blockquote>Squeri还在周五上午与分析师举行的电话会议上表示，尽管来自Square(SQ)和Venmo所有者PayPal(PYPL)等科技公司以及Capital One(COF)等传统发卡机构的竞争加剧，但美国运通仍表现良好。银行（USB）。</blockquote></p><p> \"There is a lot of competition. There's a lot of fintechs. There are banks out there,\" Squeri said, noting that the banks in particular are \"aggressive.\"</p><p><blockquote>“竞争很激烈。有很多金融科技公司。那里有银行，”斯奎里说，并指出银行尤其“激进”。</blockquote></p><p> AmEx doing a better job of reaching younger customers</p><p><blockquote>美国运通在接触年轻客户方面做得更好</blockquote></p><p> Executives noted that AmEx has also done a better job of reaching younger consumers.</p><p><blockquote>高管们指出，美国运通在接触年轻消费者方面也做得更好。</blockquote></p><p> Chief financial officer Jeffrey Campbell said during the conference call that AmEx spent $1.3 billion on marketing expenses (which includes advertising) in the second quarter. The company plans to spend about $5 billion total on marketing this year, Campbell said.</p><p><blockquote>首席财务官Jeffrey Campbell在电话会议上表示，美国运通第二季度在营销费用（其中包括广告）上花费了13亿美元。坎贝尔说，该公司计划今年在营销上总共花费约50亿美元。</blockquote></p><p> For example, a new AmEx commercial this year shows a woman trying on jeans again after presumably wearing sweatpants while working from home for the past few months.</p><p><blockquote>例如，美国运通今年的一个新广告显示，一名女性在过去几个月在家工作时可能穿着运动裤，之后再次试穿牛仔裤。</blockquote></p><p> \"We saw card member spending accelerate from the prior quarter and exceed pre-pandemic levels in June, with the largest portion of this spending growth coming from Millennial, Gen Z, and small business customers,\" Squeri said in the press release.</p><p><blockquote>Squeri在新闻稿中表示：“我们看到持卡人的支出较上一季度加速，并在6月份超过了大流行前的水平，其中支出增长的最大部分来自千禧一代、Z世代和小企业客户。”</blockquote></p><p> During the conference call, Squeri said younger consumers are going out more and starting to take vacations again, which also is giving the company a boost.</p><p><blockquote>斯奎里表示，在电话会议期间，年轻消费者更多地外出并开始再次度假，这也给公司带来了提振。</blockquote></p><p> AmEx has co-branded cards with Delta (DAL) and Hilton (HLT), and Squeri said spending volume for both increased by double digit percentages in the quarter.</p><p><blockquote>美国运通与达美航空(DAL)和希尔顿(HLT)拥有联名卡，Squeri表示，这两家公司的消费额在本季度均增长了两位数百分比。</blockquote></p><p> \"Travel and entertainment spending also accelerated in the quarter, particularly in the US, where a growing percentage of the population is now fully vaccinated,\" he said.</p><p><blockquote>他说：“本季度旅行和娱乐支出也有所加速，特别是在美国，现在越来越多的人口完全接种了疫苗。”</blockquote></p><p> AmEx also recently relaunched its vaunted Platinum card, offering more travel and shopping benefits for average consumers. The company boosted the annual fee for this high-end card.</p><p><blockquote>美国运通最近还重新推出了其引以为豪的白金卡，为普通消费者提供更多旅行和购物优惠。该公司提高了这张高端卡的年费。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://edition.cnn.com/2021/07/23/investing/american-express-earnings-stock/index.html\">CNN</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AXP":"美国运通"},"source_url":"https://edition.cnn.com/2021/07/23/investing/american-express-earnings-stock/index.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1137538067","content_text":"New York (CNN Business)American Express is the top stock in the Dow so far this year, and AmEx's earnings on Friday morning show why investors are never leaving home without it.\nThe credit card giant reported a quarterly profit of $2.3 billion, easily topping Wall Street's forecasts. Revenue for American Express (AXP) came in at $10.2 billion, a 33% jump from the second quarter of 2020 and also ahead of consensus estimates. The stock rose nearly 4% Friday on the news.\nThe stock is up more-than 45% this year, putting AmEx slightly ahead of Goldman Sachs. Like Goldman (GS) and other top financial stocks, Amex has thrived during the past few months as the economy has roared back to life following the brief Covid recession last year and consumers started spending again.\nAmEx also has outperformed credit card rivals Mastercard (MA) and fellow Dow component Visa (V), which are up 7% and 12% respectively in 2021.\nThe company has enjoyed an impressive run since CEO Stephen Squeri took over in 2018 from longtime AmEx chief Ken Chenault.\nSqueri has boosted AmEx's investments in tech and diversified into other areas like small biz lending with last year's acquisition of fintech startup Kabbage, a tech company aimed at small businesses. AmEx launched a new Kabbage checking account for that market last month.\n\"Our strong second-quarter results show that the steps we have taken to manage the company through the pandemic and our strategy of investing to rebuild our growth momentum are paying off,\" Squeri said in the company's earnings release.\nSqueri also said during a conference call with analysts Friday morning that AmEx is holding up well despite increased competition from technology companies like Square (SQ) and Venmo owner PayPal (PYPL) as well as traditional card issuers such as Capital One (COF) and US Bancorp (USB).\n\"There is a lot of competition. There's a lot of fintechs. There are banks out there,\" Squeri said, noting that the banks in particular are \"aggressive.\"\nAmEx doing a better job of reaching younger customers\nExecutives noted that AmEx has also done a better job of reaching younger consumers.\nChief financial officer Jeffrey Campbell said during the conference call that AmEx spent $1.3 billion on marketing expenses (which includes advertising) in the second quarter. The company plans to spend about $5 billion total on marketing this year, Campbell said.\nFor example, a new AmEx commercial this year shows a woman trying on jeans again after presumably wearing sweatpants while working from home for the past few months.\n\"We saw card member spending accelerate from the prior quarter and exceed pre-pandemic levels in June, with the largest portion of this spending growth coming from Millennial, Gen Z, and small business customers,\" Squeri said in the press release.\nDuring the conference call, Squeri said younger consumers are going out more and starting to take vacations again, which also is giving the company a boost.\nAmEx has co-branded cards with Delta (DAL) and Hilton (HLT), and Squeri said spending volume for both increased by double digit percentages in the quarter.\n\"Travel and entertainment spending also accelerated in the quarter, particularly in the US, where a growing percentage of the population is now fully vaccinated,\" he said.\nAmEx also recently relaunched its vaunted Platinum card, offering more travel and shopping benefits for average consumers. The company boosted the annual fee for this high-end card.","news_type":1,"symbols_score_info":{"AXP":0.9}},"isVote":1,"tweetType":1,"viewCount":561,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}