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Robinshk

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0勋章

2021-10-02

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2021-09-23

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Toplines Before US Market Open on Thursday<blockquote>周四美国市场开盘前的营收</blockquote>

2021-11-23

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Tesla shares gained in premarket trading as the company had a backlog of over 1.2 million Cybertruck reservations worth over $80 billion<blockquote>特斯拉股价在盘前交易中上涨，因为该公司积压了超过120万辆Cybertruck预订，价值超过800亿美元</blockquote>

2021-11-18

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Alibaba slid nearly 3% in premarket trading as it missed quarterly revenue expectations<blockquote>阿里巴巴-SW盘前交易下跌近3%，因季度营收未达预期</blockquote>

2021-10-21

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2021-10-15

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2021-09-03

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2021-08-30

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2021-11-11

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Lordstown Motors shares rose nearly 12% in premarket trading<blockquote>Lordstown Motors股价在盘前交易中上涨近12%</blockquote>

2021-11-05

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Big tech stocks climbed in morning trading<blockquote>大型科技股早盘上涨</blockquote>

2021-10-14

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Why iPhone Supply Hiccup Is Not A Problem For Apple Stock<blockquote>为什么iPhone供应中断对苹果股票来说不是问题</blockquote>

2021-09-17

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Investors are in an historically rotten mood. Their three biggest fears are overblown, strategist says.<blockquote>投资者的情绪历来都很糟糕。策略师表示，他们最大的三个担忧被夸大了。</blockquote>

2021-09-09

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2021-07-31

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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>

2021-07-01

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2021-11-13

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Pfizer Shows Its R&D Is Strong. It’s a Good Sign for the Stock.<blockquote>辉瑞显示其研发实力雄厚。这对该股来说是一个好兆头。</blockquote>

2021-08-28

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2021-09-13

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When the Fed finally steps back, can the U.S. stock and bond markets stand on their own legs?<blockquote>当美联储最终退一步，美国股市和债市能否自立？</blockquote>

2021-09-10

$Meta Materials Inc.(MMAT)$Up

2021-08-30

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me your opinion about this news...","listText":"Tell me your opinion about this news...","text":"Tell me your opinion about this news...","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/604226202","repostId":"1161576842","repostType":4,"repost":{"id":"1161576842","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":1639400492,"share":"https://www.laohu8.com/m/news/1161576842?lang=zh_CN&edition=full","pubTime":"2021-12-13 21:01","market":"us","language":"en","title":"Toplines Before US Market Open on Monday<blockquote>周一美国市场开盘前的顶线</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1161576842","media":"Tiger Newspress","summary":"U.S. stock-index futures pointed to muted gains for major indexes ahead of a busy week of central-ba","content":"<p>U.S.&nbsp;stock-index futures pointed to muted gains for major indexes ahead of a busy week of central-bank decisions in major economies.</p><p><blockquote>美国股指期货显示，在主要经济体央行决策繁忙的一周之前，主要股指涨幅温和。</blockquote></p><p> At 8:00 a.m. ET, S&amp;P 500 e-minis were up 11.25 points, or 0.24%, Nasdaq 100 e-minis were up 67 points, or 0.41%, and Dow e-minis were up 24 points, or 0.07%.<img src=\"https://static.tigerbbs.com/2db870f3d308c4d0618dd8c4333e65dd\" tg-width=\"1080\" tg-height=\"383\" referrerpolicy=\"no-referrer\">The key inflation reading came ahead of the Federal Reserve’s two-day policy meeting this week where the policymakers are expected to discuss speeding up the end of its bond-buying program.</p><p><blockquote>截至美国东部时间上午8:00，标普500 e-minis上涨11.25点，涨幅0.24%，纳斯达克100 e-minis上涨67点，涨幅0.41%，道指e-minis上涨24点，涨幅0.07%。关键的通胀数据是在美联储本周举行为期两天的政策会议之前发布的，预计政策制定者将在会上讨论加快结束债券购买计划。</blockquote></p><p> Fed Chair Jerome Powell, as well as&nbsp;a parade of Fed speakers, all recently suggested the central bank could end the $120 billion monthly bond purchase program sooner than the current timeline of June 2022.</p><p><blockquote>美联储主席杰罗姆·鲍威尔以及一系列美联储发言人最近都表示，美联储可能会比目前的2022年6月时间表更早结束每月1200亿美元的债券购买计划。</blockquote></p><p> “We believe markets can continue to&nbsp;take a higher inflation reading in their stride, though additional volatility remains a risk. With Fed policy staying relatively accommodative, the backdrop for equities is still positive, and we favor winners from global growth,” said Mark Haefele, Chief Investment Officer of UBS Global Wealth Management.</p><p><blockquote>马克·海菲尔表示：“我们相信，尽管额外的波动仍然是一个风险，但市场可以继续从容应对更高的通胀数据。由于美联储政策保持相对宽松，股市的背景仍然是积极的，我们看好全球增长的赢家。”瑞银全球财富管理首席投资官。</blockquote></p><p> As of Sunday, the&nbsp;U.S. was approaching&nbsp;800,000 coronavirus-related deaths. The new variant has pushed some government officials to reinstate health restrictions to slow the spread.</p><p><blockquote>截至周日，美国。与冠状病毒相关的死亡人数接近80万。这种新变种促使一些政府官员恢复健康限制以减缓传播。</blockquote></p><p> <b>Stocks making the biggest moves premarket: </b></p><p><blockquote><b>盘前涨幅最大的股票：</b></blockquote></p><p> <b><a href=\"https://laohu8.com/S/HOG\">Harley-Davidson</a></b>– The motorcycle maker’s stock surged 11.7% in the premarket after it announced that it is merging its “Livewire” electric motorcycle unit with a special purpose acquisition company. Livewire will have an enterprise value of about $1.8 billion and will trade on the New York Stock Exchange under the ticker symbol “LVW.”</p><p><blockquote><b><a href=\"https://laohu8.com/S/HOG\">哈雷-戴维森</a></b>–这家摩托车制造商宣布将其“Livewire”电动摩托车部门与一家特殊目的收购公司合并后，其股价在盘前飙升11.7%。Livewire的企业价值约为18亿美元，将在纽约证券交易所交易，股票代码为“LVW”。</blockquote></p><p> <b><a href=\"https://laohu8.com/S/PFE\">Pfizer</a>,<a href=\"https://laohu8.com/S/BNTX\">BioNTech SE</a> </b>– <a href=\"https://laohu8.com/S/PFE\">Pfizer</a> rose 1.4% in the premarket while <a href=\"https://laohu8.com/S/BNTX\">BioNTech SE</a> jumped 4.4% after&nbsp;a new Israeli study&nbsp;showed that a booster shot from their Covid-19 vaccine provided strong protection against severe illness from the omicron variant. <a href=\"https://laohu8.com/S/PFE\">Pfizer</a>’s pre-market gains were trimmed following news of its deal to acquire Arena Pharmaceuticals.</p><p><blockquote><b><a href=\"https://laohu8.com/S/PFE\">辉瑞</a>,<a href=\"https://laohu8.com/S/BNTX\">BioNTech SE</a></b>–<a href=\"https://laohu8.com/S/PFE\">辉瑞</a>盘前上涨1.4%<a href=\"https://laohu8.com/S/BNTX\">BioNTech SE</a>以色列的一项新研究表明，他们的新冠肺炎疫苗加强注射可以为预防奥密克戎变种引起的严重疾病提供强有力的保护，这一数字跃升了4.4%。<a href=\"https://laohu8.com/S/PFE\">辉瑞</a>在收购Arena Pharmaceuticals的消息传出后，该公司的盘前涨幅被削减。</blockquote></p><p> <b><a href=\"https://laohu8.com/S/ARNA\">Arena Pharmaceuticals</a> </b>– The drugmaker&nbsp;agreed to be acquired by <a href=\"https://laohu8.com/S/PFE\">Pfizer</a>&nbsp;for $100 per share in cash, or about $6.7 billion. Arena soared 93.1% in premarket trading following news of the transaction.</p><p><blockquote><b><a href=\"https://laohu8.com/S/ARNA\">Arena制药公司</a></b>-制药商同意被收购<a href=\"https://laohu8.com/S/PFE\">辉瑞</a>每股现金100美元，约合67亿美元。交易消息传出后，Arena在盘前交易中飙升93.1%。</blockquote></p><p> <b><a href=\"https://laohu8.com/S/PTON\">Peloton Interactive, Inc.</a></b> – The fitness equipment maker rebounded 2.6% in premarket action after falling 7% over the past three sessions. Pelotonreleased an ad&nbsp;featuring actor Chris Noth promoting the value of the company’s equipment, after his character’s death in the “Sex and the City” reboot following a Peloton ride.</p><p><blockquote><b><a href=\"https://laohu8.com/S/PTON\">佩洛顿互动公司。</a></b>-这家健身器材制造商在过去三个交易日下跌7%后，在盘前反弹2.6%。Peloton发布了一则由演员克里斯·诺斯(Chris Noth)主演的广告，宣传该公司设备的价值，此前他的角色在《欲望都市》重启中乘坐Peloton后去世。</blockquote></p><p> <b><a href=\"https://laohu8.com/S/DLTR\">Dollar Tree</a> </b>– The discount retailer’s stock fell 1% in premarket trading after activist investor Mantle Ridge announced its intention to try to replace the entire Dollar Tree board. Dollar Tree called the move “unwarrantedly aggressive” and said it had offered to explore a settlement with Mantle Ridge, which owns 5.7% of Dollar Tree.</p><p><blockquote><b><a href=\"https://laohu8.com/S/DLTR\">美元树</a></b>–在激进投资者Mantle Ridge宣布打算尝试更换整个Dollar Tree董事会后，这家折扣零售商的股价在盘前交易中下跌1%。Dollar Tree称此举“毫无根据的咄咄逼人”，并表示已提出与拥有Dollar Tree 5.7%股份的Mantle Ridge寻求和解。</blockquote></p><p> <b><a href=\"https://laohu8.com/S/AAPL\">Apple</a> </b>– <a href=\"https://laohu8.com/S/AAPL\">Apple</a> rose 1.1% in the premarket after J.P. Morgan Securities raised its price target for the stock to a Street-high of $210 per share from $180 a share, and reiterated it as a top pick going into 2022.</p><p><blockquote><b><a href=\"https://laohu8.com/S/AAPL\">苹果</a></b>–<a href=\"https://laohu8.com/S/AAPL\">苹果</a>摩根大通证券将该股目标价从每股180美元上调至每股210美元的华尔街高点，并重申其是2022年的首选，该股盘前上涨1.1%。</blockquote></p><p> Nasdaq-100 additions – Stocks being added to the index as of Monday, December 20, rose in premarket trading following news of their inclusion. The stocks include&nbsp;<b><a href=\"https://laohu8.com/S/PANW\">Palo Alto Networks</a></b>, up 2.7%;<b><a href=\"https://laohu8.com/S/ABNB\">Airbnb, Inc.</a></b> , up 2.1%;<b><a href=\"https://laohu8.com/S/FTNT\">Fortinet</a></b> , up 3.7%;<b><a href=\"https://laohu8.com/S/LCID\">Lucid Group Inc</a></b>, up 5.9%;<b><a href=\"https://laohu8.com/S/ZS\">Zscaler Inc.</a></b>, up 3.4%; and&nbsp;<b><a href=\"https://laohu8.com/S/DDOG\">Datadog</a></b>, up 3.1%.</p><p><blockquote>纳斯达克100指数成分股——截至12月20日星期一，被纳入该指数的股票在纳入该指数的消息传出后，在盘前交易中上涨。股票包括<b><a href=\"https://laohu8.com/S/PANW\">帕洛阿尔托网络</a></b>，上涨2.7%；<b><a href=\"https://laohu8.com/S/ABNB\">爱彼迎公司。</a></b>，上涨2.1%；<b><a href=\"https://laohu8.com/S/FTNT\">Fortinet</a></b>，上涨3.7%；<b><a href=\"https://laohu8.com/S/LCID\">Lucid集团公司</a></b>，上涨5.9%；<b><a href=\"https://laohu8.com/S/ZS\">Zscaler公司。</a></b>，上涨3.4%；和<b><a href=\"https://laohu8.com/S/DDOG\">Datadog</a></b>，上涨3.1%。</blockquote></p><p> Nasdaq-100 subtractions – Stocks being replaced in the Nasdaq-100 include&nbsp;<b><a href=\"https://laohu8.com/S/CDW\">CDW Corp</a></b> , down 1.8% in the premarket;<b><a href=\"https://laohu8.com/S/FOXA\">Fox Corporation Class A</a></b> , down 2.2%;<b><a href=\"https://laohu8.com/S/CERN\">Cerner</a></b> , down 1.8%;<b><a href=\"https://laohu8.com/S/CHKP\">Check Point</a></b> , down 1.1%;<b><a href=\"https://laohu8.com/S/TCOM\">Trip.com Group Limited</a></b> , down 1.2%; and&nbsp;<b><a href=\"https://laohu8.com/S/INCY\">Incyte</a></b>, down 0.6%.</p><p><blockquote>纳斯达克100指数减法-纳斯达克100指数中被替换的股票包括<b><a href=\"https://laohu8.com/S/CDW\">CDW公司</a></b>，盘前跌1.8%；<b><a href=\"https://laohu8.com/S/FOXA\">福克斯公司A级</a></b>，下跌2.2%；<b><a href=\"https://laohu8.com/S/CERN\">塞尔纳</a></b>，下跌1.8%；<b><a href=\"https://laohu8.com/S/CHKP\">检查点</a></b>，下跌1.1%；<b><a href=\"https://laohu8.com/S/TCOM\">携程集团有限公司</a></b>，下跌1.2%；和<b><a href=\"https://laohu8.com/S/INCY\">Incyte</a></b>，下跌0.6%。</blockquote></p><p></p><p> <b><a href=\"https://laohu8.com/S/RIVN\">Rivian Automotive, Inc.</a></b> – The electric vehicle maker’s stock rose 1.9% in the premarket following news that its R1T had been named&nbsp;Motor Trend’s truck of the year, beating out entries from Ford, GM and Hyundai.</p><p><blockquote><b><a href=\"https://laohu8.com/S/RIVN\">Rivian汽车公司。</a></b>–有消息称其R1T击败福特、通用汽车和现代，被《Motor Trend》评为年度卡车，该电动汽车制造商的股价在盘前上涨1.9%。</blockquote></p><p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; 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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\">\nToplines Before US Market Open on Monday<blockquote>周一美国市场开盘前的顶线</blockquote>\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time smaller\">2021-12-13 21:01</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>U.S.&nbsp;stock-index futures pointed to muted gains for major indexes ahead of a busy week of central-bank decisions in major economies.</p><p><blockquote>美国股指期货显示，在主要经济体央行决策繁忙的一周之前，主要股指涨幅温和。</blockquote></p><p> At 8:00 a.m. ET, S&amp;P 500 e-minis were up 11.25 points, or 0.24%, Nasdaq 100 e-minis were up 67 points, or 0.41%, and Dow e-minis were up 24 points, or 0.07%.<img src=\"https://static.tigerbbs.com/2db870f3d308c4d0618dd8c4333e65dd\" tg-width=\"1080\" tg-height=\"383\" referrerpolicy=\"no-referrer\">The key inflation reading came ahead of the Federal Reserve’s two-day policy meeting this week where the policymakers are expected to discuss speeding up the end of its bond-buying program.</p><p><blockquote>截至美国东部时间上午8:00，标普500 e-minis上涨11.25点，涨幅0.24%，纳斯达克100 e-minis上涨67点，涨幅0.41%，道指e-minis上涨24点，涨幅0.07%。关键的通胀数据是在美联储本周举行为期两天的政策会议之前发布的，预计政策制定者将在会上讨论加快结束债券购买计划。</blockquote></p><p> Fed Chair Jerome Powell, as well as&nbsp;a parade of Fed speakers, all recently suggested the central bank could end the $120 billion monthly bond purchase program sooner than the current timeline of June 2022.</p><p><blockquote>美联储主席杰罗姆·鲍威尔以及一系列美联储发言人最近都表示，美联储可能会比目前的2022年6月时间表更早结束每月1200亿美元的债券购买计划。</blockquote></p><p> “We believe markets can continue to&nbsp;take a higher inflation reading in their stride, though additional volatility remains a risk. With Fed policy staying relatively accommodative, the backdrop for equities is still positive, and we favor winners from global growth,” said Mark Haefele, Chief Investment Officer of UBS Global Wealth Management.</p><p><blockquote>马克·海菲尔表示：“我们相信，尽管额外的波动仍然是一个风险，但市场可以继续从容应对更高的通胀数据。由于美联储政策保持相对宽松，股市的背景仍然是积极的，我们看好全球增长的赢家。”瑞银全球财富管理首席投资官。</blockquote></p><p> As of Sunday, the&nbsp;U.S. was approaching&nbsp;800,000 coronavirus-related deaths. The new variant has pushed some government officials to reinstate health restrictions to slow the spread.</p><p><blockquote>截至周日，美国。与冠状病毒相关的死亡人数接近80万。这种新变种促使一些政府官员恢复健康限制以减缓传播。</blockquote></p><p> <b>Stocks making the biggest moves premarket: </b></p><p><blockquote><b>盘前涨幅最大的股票：</b></blockquote></p><p> <b><a href=\"https://laohu8.com/S/HOG\">Harley-Davidson</a></b>– The motorcycle maker’s stock surged 11.7% in the premarket after it announced that it is merging its “Livewire” electric motorcycle unit with a special purpose acquisition company. Livewire will have an enterprise value of about $1.8 billion and will trade on the New York Stock Exchange under the ticker symbol “LVW.”</p><p><blockquote><b><a href=\"https://laohu8.com/S/HOG\">哈雷-戴维森</a></b>–这家摩托车制造商宣布将其“Livewire”电动摩托车部门与一家特殊目的收购公司合并后，其股价在盘前飙升11.7%。Livewire的企业价值约为18亿美元，将在纽约证券交易所交易，股票代码为“LVW”。</blockquote></p><p> <b><a href=\"https://laohu8.com/S/PFE\">Pfizer</a>,<a href=\"https://laohu8.com/S/BNTX\">BioNTech SE</a> </b>– <a href=\"https://laohu8.com/S/PFE\">Pfizer</a> rose 1.4% in the premarket while <a href=\"https://laohu8.com/S/BNTX\">BioNTech SE</a> jumped 4.4% after&nbsp;a new Israeli study&nbsp;showed that a booster shot from their Covid-19 vaccine provided strong protection against severe illness from the omicron variant. <a href=\"https://laohu8.com/S/PFE\">Pfizer</a>’s pre-market gains were trimmed following news of its deal to acquire Arena Pharmaceuticals.</p><p><blockquote><b><a href=\"https://laohu8.com/S/PFE\">辉瑞</a>,<a href=\"https://laohu8.com/S/BNTX\">BioNTech SE</a></b>–<a href=\"https://laohu8.com/S/PFE\">辉瑞</a>盘前上涨1.4%<a href=\"https://laohu8.com/S/BNTX\">BioNTech SE</a>以色列的一项新研究表明，他们的新冠肺炎疫苗加强注射可以为预防奥密克戎变种引起的严重疾病提供强有力的保护，这一数字跃升了4.4%。<a href=\"https://laohu8.com/S/PFE\">辉瑞</a>在收购Arena Pharmaceuticals的消息传出后，该公司的盘前涨幅被削减。</blockquote></p><p> <b><a href=\"https://laohu8.com/S/ARNA\">Arena Pharmaceuticals</a> </b>– The drugmaker&nbsp;agreed to be acquired by <a href=\"https://laohu8.com/S/PFE\">Pfizer</a>&nbsp;for $100 per share in cash, or about $6.7 billion. Arena soared 93.1% in premarket trading following news of the transaction.</p><p><blockquote><b><a href=\"https://laohu8.com/S/ARNA\">Arena制药公司</a></b>-制药商同意被收购<a href=\"https://laohu8.com/S/PFE\">辉瑞</a>每股现金100美元，约合67亿美元。交易消息传出后，Arena在盘前交易中飙升93.1%。</blockquote></p><p> <b><a href=\"https://laohu8.com/S/PTON\">Peloton Interactive, Inc.</a></b> – The fitness equipment maker rebounded 2.6% in premarket action after falling 7% over the past three sessions. Pelotonreleased an ad&nbsp;featuring actor Chris Noth promoting the value of the company’s equipment, after his character’s death in the “Sex and the City” reboot following a Peloton ride.</p><p><blockquote><b><a href=\"https://laohu8.com/S/PTON\">佩洛顿互动公司。</a></b>-这家健身器材制造商在过去三个交易日下跌7%后，在盘前反弹2.6%。Peloton发布了一则由演员克里斯·诺斯(Chris Noth)主演的广告，宣传该公司设备的价值，此前他的角色在《欲望都市》重启中乘坐Peloton后去世。</blockquote></p><p> <b><a href=\"https://laohu8.com/S/DLTR\">Dollar Tree</a> </b>– The discount retailer’s stock fell 1% in premarket trading after activist investor Mantle Ridge announced its intention to try to replace the entire Dollar Tree board. Dollar Tree called the move “unwarrantedly aggressive” and said it had offered to explore a settlement with Mantle Ridge, which owns 5.7% of Dollar Tree.</p><p><blockquote><b><a href=\"https://laohu8.com/S/DLTR\">美元树</a></b>–在激进投资者Mantle Ridge宣布打算尝试更换整个Dollar Tree董事会后，这家折扣零售商的股价在盘前交易中下跌1%。Dollar Tree称此举“毫无根据的咄咄逼人”，并表示已提出与拥有Dollar Tree 5.7%股份的Mantle Ridge寻求和解。</blockquote></p><p> <b><a href=\"https://laohu8.com/S/AAPL\">Apple</a> </b>– <a href=\"https://laohu8.com/S/AAPL\">Apple</a> rose 1.1% in the premarket after J.P. Morgan Securities raised its price target for the stock to a Street-high of $210 per share from $180 a share, and reiterated it as a top pick going into 2022.</p><p><blockquote><b><a href=\"https://laohu8.com/S/AAPL\">苹果</a></b>–<a href=\"https://laohu8.com/S/AAPL\">苹果</a>摩根大通证券将该股目标价从每股180美元上调至每股210美元的华尔街高点，并重申其是2022年的首选，该股盘前上涨1.1%。</blockquote></p><p> Nasdaq-100 additions – Stocks being added to the index as of Monday, December 20, rose in premarket trading following news of their inclusion. The stocks include&nbsp;<b><a href=\"https://laohu8.com/S/PANW\">Palo Alto Networks</a></b>, up 2.7%;<b><a href=\"https://laohu8.com/S/ABNB\">Airbnb, Inc.</a></b> , up 2.1%;<b><a href=\"https://laohu8.com/S/FTNT\">Fortinet</a></b> , up 3.7%;<b><a href=\"https://laohu8.com/S/LCID\">Lucid Group Inc</a></b>, up 5.9%;<b><a href=\"https://laohu8.com/S/ZS\">Zscaler Inc.</a></b>, up 3.4%; and&nbsp;<b><a href=\"https://laohu8.com/S/DDOG\">Datadog</a></b>, up 3.1%.</p><p><blockquote>纳斯达克100指数成分股——截至12月20日星期一，被纳入该指数的股票在纳入该指数的消息传出后，在盘前交易中上涨。股票包括<b><a href=\"https://laohu8.com/S/PANW\">帕洛阿尔托网络</a></b>，上涨2.7%；<b><a href=\"https://laohu8.com/S/ABNB\">爱彼迎公司。</a></b>，上涨2.1%；<b><a href=\"https://laohu8.com/S/FTNT\">Fortinet</a></b>，上涨3.7%；<b><a href=\"https://laohu8.com/S/LCID\">Lucid集团公司</a></b>，上涨5.9%；<b><a href=\"https://laohu8.com/S/ZS\">Zscaler公司。</a></b>，上涨3.4%；和<b><a href=\"https://laohu8.com/S/DDOG\">Datadog</a></b>，上涨3.1%。</blockquote></p><p> Nasdaq-100 subtractions – Stocks being replaced in the Nasdaq-100 include&nbsp;<b><a href=\"https://laohu8.com/S/CDW\">CDW Corp</a></b> , down 1.8% in the premarket;<b><a href=\"https://laohu8.com/S/FOXA\">Fox Corporation Class A</a></b> , down 2.2%;<b><a href=\"https://laohu8.com/S/CERN\">Cerner</a></b> , down 1.8%;<b><a href=\"https://laohu8.com/S/CHKP\">Check Point</a></b> , down 1.1%;<b><a href=\"https://laohu8.com/S/TCOM\">Trip.com Group Limited</a></b> , down 1.2%; and&nbsp;<b><a href=\"https://laohu8.com/S/INCY\">Incyte</a></b>, down 0.6%.</p><p><blockquote>纳斯达克100指数减法-纳斯达克100指数中被替换的股票包括<b><a href=\"https://laohu8.com/S/CDW\">CDW公司</a></b>，盘前跌1.8%；<b><a href=\"https://laohu8.com/S/FOXA\">福克斯公司A级</a></b>，下跌2.2%；<b><a href=\"https://laohu8.com/S/CERN\">塞尔纳</a></b>，下跌1.8%；<b><a href=\"https://laohu8.com/S/CHKP\">检查点</a></b>，下跌1.1%；<b><a href=\"https://laohu8.com/S/TCOM\">携程集团有限公司</a></b>，下跌1.2%；和<b><a href=\"https://laohu8.com/S/INCY\">Incyte</a></b>，下跌0.6%。</blockquote></p><p></p><p> <b><a href=\"https://laohu8.com/S/RIVN\">Rivian Automotive, Inc.</a></b> – The electric vehicle maker’s stock rose 1.9% in the premarket following news that its R1T had been named&nbsp;Motor Trend’s truck of the year, beating out entries from Ford, GM and Hyundai.</p><p><blockquote><b><a href=\"https://laohu8.com/S/RIVN\">Rivian汽车公司。</a></b>–有消息称其R1T击败福特、通用汽车和现代，被《Motor Trend》评为年度卡车，该电动汽车制造商的股价在盘前上涨1.9%。</blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"ABNB":"爱彼迎","FTNT":"飞塔信息",".DJI":"道琼斯",".IXIC":"NASDAQ Composite","ARNA":"阿里那","PANW":"Palo Alto Networks","PTON":"Peloton Interactive, Inc.","LCID":"Lucid Group Inc","INCY":"因塞特医疗","FOXA":"福克斯-A","PFE":"辉瑞","BNTX":"BioNTech SE","AAPL":"苹果","RIVN":"Rivian Automotive, Inc.",".SPX":"S&P 500 Index","DDOG":"Datadog","CHKP":"Check Point软件科技","HOG":"哈雷戴维森","TCOM":"携程网","ZS":"Zscaler Inc.","CDW":"CDW Corporation","CERN":"美国塞纳"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1161576842","content_text":"U.S. stock-index futures pointed to muted gains for major indexes ahead of a busy week of central-bank decisions in major economies.\nAt 8:00 a.m. ET, S&P 500 e-minis were up 11.25 points, or 0.24%, Nasdaq 100 e-minis were up 67 points, or 0.41%, and Dow e-minis were up 24 points, or 0.07%.The key inflation reading came ahead of the Federal Reserve’s two-day policy meeting this week where the policymakers are expected to discuss speeding up the end of its bond-buying program.\nFed Chair Jerome Powell, as well as a parade of Fed speakers, all recently suggested the central bank could end the $120 billion monthly bond purchase program sooner than the current timeline of June 2022.\n“We believe markets can continue to take a higher inflation reading in their stride, though additional volatility remains a risk. With Fed policy staying relatively accommodative, the backdrop for equities is still positive, and we favor winners from global growth,” said Mark Haefele, Chief Investment Officer of UBS Global Wealth Management.\nAs of Sunday, the U.S. was approaching 800,000 coronavirus-related deaths. The new variant has pushed some government officials to reinstate health restrictions to slow the spread.\nStocks making the biggest moves premarket: \nHarley-Davidson– The motorcycle maker’s stock surged 11.7% in the premarket after it announced that it is merging its “Livewire” electric motorcycle unit with a special purpose acquisition company. Livewire will have an enterprise value of about $1.8 billion and will trade on the New York Stock Exchange under the ticker symbol “LVW.”\nPfizer,BioNTech SE – Pfizer rose 1.4% in the premarket while BioNTech SE jumped 4.4% after a new Israeli study showed that a booster shot from their Covid-19 vaccine provided strong protection against severe illness from the omicron variant. Pfizer’s pre-market gains were trimmed following news of its deal to acquire Arena Pharmaceuticals.\nArena Pharmaceuticals – The drugmaker agreed to be acquired by Pfizer for $100 per share in cash, or about $6.7 billion. Arena soared 93.1% in premarket trading following news of the transaction.\nPeloton Interactive, Inc. – The fitness equipment maker rebounded 2.6% in premarket action after falling 7% over the past three sessions. Pelotonreleased an ad featuring actor Chris Noth promoting the value of the company’s equipment, after his character’s death in the “Sex and the City” reboot following a Peloton ride.\nDollar Tree – The discount retailer’s stock fell 1% in premarket trading after activist investor Mantle Ridge announced its intention to try to replace the entire Dollar Tree board. Dollar Tree called the move “unwarrantedly aggressive” and said it had offered to explore a settlement with Mantle Ridge, which owns 5.7% of Dollar Tree.\nApple – Apple rose 1.1% in the premarket after J.P. Morgan Securities raised its price target for the stock to a Street-high of $210 per share from $180 a share, and reiterated it as a top pick going into 2022.\nNasdaq-100 additions – Stocks being added to the index as of Monday, December 20, rose in premarket trading following news of their inclusion. The stocks include Palo Alto Networks, up 2.7%;Airbnb, Inc. , up 2.1%;Fortinet , up 3.7%;Lucid Group Inc, up 5.9%;Zscaler Inc., up 3.4%; and Datadog, up 3.1%.\nNasdaq-100 subtractions – Stocks being replaced in the Nasdaq-100 include CDW Corp , down 1.8% in the premarket;Fox Corporation Class A , down 2.2%;Cerner , down 1.8%;Check Point , down 1.1%;Trip.com Group Limited , down 1.2%; and Incyte, down 0.6%.\nRivian Automotive, Inc. – The electric vehicle maker’s stock rose 1.9% in the premarket following news that its R1T had been named Motor Trend’s truck of the year, beating out entries from Ford, GM and Hyundai.","news_type":1,"symbols_score_info":{"CHKP":0.9,"CDW":0.9,"PFE":0.9,"PTON":0.9,"ABNB":0.9,"FTNT":0.9,"PANW":0.9,"HOG":0.9,"INCY":0.9,"BNTX":0.9,".DJI":0.9,"ARNA":0.9,"FOXA":0.9,".IXIC":0.9,"AAPL":0.9,"DDOG":0.9,"ZS":0.9,"CERN":0.9,"LCID":0.9,"TCOM":0.9,".SPX":0.9,"RIVN":0.9}},"isVote":1,"tweetType":1,"viewCount":3833,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":602334274,"gmtCreate":1638970755496,"gmtModify":1638970755770,"author":{"id":"3583719339427406","authorId":"3583719339427406","name":"Robinshk","avatar":"https://static.tigerbbs.com/c1089a1858cf641f8680d8015659c00d","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3583719339427406","idStr":"3583719339427406"},"themes":[],"htmlText":"Like pls","listText":"Like pls","text":"Like pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/602334274","repostId":"1151922226","repostType":4,"repost":{"id":"1151922226","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":1638970132,"share":"https://www.laohu8.com/m/news/1151922226?lang=zh_CN&edition=full","pubTime":"2021-12-08 21:28","market":"us","language":"en","title":"New Street Research raised Tesla's target price to $1580, the highest price on Wall Street<blockquote>New Street Research将特斯拉目标价上调至1580美元，为华尔街最高价</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1151922226","media":"Tiger Newspress","summary":"Tesla shares changed from decline to rise in premarket trading after New Street Research raised Tesl","content":"<p>Tesla shares changed from decline to rise&nbsp;in premarket trading&nbsp;after&nbsp;New Street Research raised Tesla's target price to $1580, the highest price on Wall Street.</p><p><blockquote>在New Street Research将特斯拉目标价上调至华尔街最高价1580美元后，特斯拉股价在盘前交易中由跌转涨。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/1f80f033625e9027d5042d14fb5202da\" tg-width=\"851\" tg-height=\"617\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p> New Street Research boosts its price target on Tesla&nbsp;to $1,580 to mark a new Street high.</p><p><blockquote>New Street Research将特斯拉的目标价提高至1,580美元，创下华尔街新高。</blockquote></p><p> Analyst Pierre Ferragu and team point to multiple strong catalysts for Tesla&nbsp;in looking ahead to 2022. Tesla&nbsp;is seen ending this year with an annualized production run-rate of well above 1M units and being likely to deliver a strong Q4 earnings beat. Production out of Berlin and Texas is anticipated to ramp during the year to help the automaker hit 1.5M total deliveries vs. 1.4M consensus and margins are seen cracking the 30% level by the end of the year, despite the ramp of the two factories. Further manufacturing efficiency improvements could help in that regard.</p><p><blockquote>分析师Pierre Ferragu和团队指出了特斯拉展望2022年的多种强劲催化剂。预计特斯拉今年年底的年化产量将远高于100万辆，并且第四季度的盈利可能会强劲增长。柏林和德克萨斯州的产量预计将在今年增加，以帮助该汽车制造商的总交付量达到150万辆，而市场普遍预期为140万辆，尽管这两家工厂有所增加，但到今年年底，利润率预计将突破30%的水平。进一步提高制造效率可能会在这方面有所帮助。</blockquote></p><p> Expect to hear more 4680 talk with Tesla in the year ahead. \"We expect 4680 production to be in full swing by year end and grow rapidly from there, and new sites to break ground in order to maintain ~50% annual growth,\" previews Ferragu.</p><p><blockquote>期待在未来一年听到更多4680与特斯拉的对话。“我们预计4680的生产将在年底前全面展开，并在此基础上快速增长，新工厂也将破土动工，以保持约50%的年增长率，”Ferragu预览道。</blockquote></p><p> New Street Research's price target of $1,580 is based on TSLA trading comfortably at the higher end of the 50X to 100X P/E range. The PT reps right at 50% upside for Tesla&nbsp;from yesterday's closing price and is well in front of the all-time high of $1,243.49.</p><p><blockquote>New Street Research的目标价为1,580美元，基于TSLA的交易价格舒适地处于50倍至100倍市盈率范围的高端。特斯拉的PT代表较昨天的收盘价上涨了50%，远高于1,243.49美元的历史高点。</blockquote></p><p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>New Street Research raised Tesla's target price to $1580, the highest price on Wall Street<blockquote>New Street Research将特斯拉目标价上调至1580美元，为华尔街最高价</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\">\nNew Street Research raised Tesla's target price to $1580, the highest price on Wall Street<blockquote>New Street Research将特斯拉目标价上调至1580美元，为华尔街最高价</blockquote>\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time smaller\">2021-12-08 21:28</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>Tesla shares changed from decline to rise&nbsp;in premarket trading&nbsp;after&nbsp;New Street Research raised Tesla's target price to $1580, the highest price on Wall Street.</p><p><blockquote>在New Street Research将特斯拉目标价上调至华尔街最高价1580美元后，特斯拉股价在盘前交易中由跌转涨。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/1f80f033625e9027d5042d14fb5202da\" tg-width=\"851\" tg-height=\"617\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p> New Street Research boosts its price target on Tesla&nbsp;to $1,580 to mark a new Street high.</p><p><blockquote>New Street Research将特斯拉的目标价提高至1,580美元，创下华尔街新高。</blockquote></p><p> Analyst Pierre Ferragu and team point to multiple strong catalysts for Tesla&nbsp;in looking ahead to 2022. Tesla&nbsp;is seen ending this year with an annualized production run-rate of well above 1M units and being likely to deliver a strong Q4 earnings beat. Production out of Berlin and Texas is anticipated to ramp during the year to help the automaker hit 1.5M total deliveries vs. 1.4M consensus and margins are seen cracking the 30% level by the end of the year, despite the ramp of the two factories. Further manufacturing efficiency improvements could help in that regard.</p><p><blockquote>分析师Pierre Ferragu和团队指出了特斯拉展望2022年的多种强劲催化剂。预计特斯拉今年年底的年化产量将远高于100万辆，并且第四季度的盈利可能会强劲增长。柏林和德克萨斯州的产量预计将在今年增加，以帮助该汽车制造商的总交付量达到150万辆，而市场普遍预期为140万辆，尽管这两家工厂有所增加，但到今年年底，利润率预计将突破30%的水平。进一步提高制造效率可能会在这方面有所帮助。</blockquote></p><p> Expect to hear more 4680 talk with Tesla in the year ahead. \"We expect 4680 production to be in full swing by year end and grow rapidly from there, and new sites to break ground in order to maintain ~50% annual growth,\" previews Ferragu.</p><p><blockquote>期待在未来一年听到更多4680与特斯拉的对话。“我们预计4680的生产将在年底前全面展开，并在此基础上快速增长，新工厂也将破土动工，以保持约50%的年增长率，”Ferragu预览道。</blockquote></p><p> New Street Research's price target of $1,580 is based on TSLA trading comfortably at the higher end of the 50X to 100X P/E range. The PT reps right at 50% upside for Tesla&nbsp;from yesterday's closing price and is well in front of the all-time high of $1,243.49.</p><p><blockquote>New Street Research的目标价为1,580美元，基于TSLA的交易价格舒适地处于50倍至100倍市盈率范围的高端。特斯拉的PT代表较昨天的收盘价上涨了50%，远高于1,243.49美元的历史高点。</blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1151922226","content_text":"Tesla shares changed from decline to rise in premarket trading after New Street Research raised Tesla's target price to $1580, the highest price on Wall Street.\n\nNew Street Research boosts its price target on Tesla to $1,580 to mark a new Street high.\nAnalyst Pierre Ferragu and team point to multiple strong catalysts for Tesla in looking ahead to 2022. Tesla is seen ending this year with an annualized production run-rate of well above 1M units and being likely to deliver a strong Q4 earnings beat. Production out of Berlin and Texas is anticipated to ramp during the year to help the automaker hit 1.5M total deliveries vs. 1.4M consensus and margins are seen cracking the 30% level by the end of the year, despite the ramp of the two factories. Further manufacturing efficiency improvements could help in that regard.\nExpect to hear more 4680 talk with Tesla in the year ahead. \"We expect 4680 production to be in full swing by year end and grow rapidly from there, and new sites to break ground in order to maintain ~50% annual growth,\" previews Ferragu.\nNew Street Research's price target of $1,580 is based on TSLA trading comfortably at the higher end of the 50X to 100X P/E range. The PT reps right at 50% upside for Tesla from yesterday's closing price and is well in front of the all-time high of $1,243.49.","news_type":1,"symbols_score_info":{"TSLA":0.9}},"isVote":1,"tweetType":1,"viewCount":2727,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":608655561,"gmtCreate":1638720909889,"gmtModify":1638720910015,"author":{"id":"3583719339427406","authorId":"3583719339427406","name":"Robinshk","avatar":"https://static.tigerbbs.com/c1089a1858cf641f8680d8015659c00d","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3583719339427406","idStr":"3583719339427406"},"themes":[],"htmlText":"Pls like","listText":"Pls like","text":"Pls like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/608655561","repostId":"2188578706","repostType":4,"isVote":1,"tweetType":1,"viewCount":2603,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":601214074,"gmtCreate":1638534509606,"gmtModify":1638534509752,"author":{"id":"3583719339427406","authorId":"3583719339427406","name":"Robinshk","avatar":"https://static.tigerbbs.com/c1089a1858cf641f8680d8015659c00d","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3583719339427406","idStr":"3583719339427406"},"themes":[],"htmlText":"Hi","listText":"Hi","text":"Hi","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/601214074","repostId":"603622154","repostType":1,"repost":{"id":603622154,"gmtCreate":1638407195279,"gmtModify":1638490175092,"author":{"id":"3555308412762158","authorId":"3555308412762158","name":"Average_JoeS","avatar":"https://static.tigerbbs.com/bd72e16903eb2f8fe668c433dfda0ad4","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3555308412762158","idStr":"3555308412762158"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/SE\">$Sea Ltd(SE)$</a>What I have learnt over the years is that when everyone says keep pumping and it will increase, run fast as you can. This is a much correction needed to reflect the actual value that has inflated over a short 1-2 years period. Probably, the entire equity market.&nbsp;Specifically for SEA, a loss making business regardless of growth and potential is still&nbsp;driven by massive money burning. People who are in E-commerce industry&nbsp;knows very well the scene behind every numbers reported, it is just a money game. Ultimately, no E Commerce company is profit, till today.&nbsp;Unless Shoppee starts to monetise aggressively from its platform, but then you have sellers who will shift to other platforms due to increased cost.&nbsp;So think agai","listText":"<a href=\"https://laohu8.com/S/SE\">$Sea Ltd(SE)$</a>What I have learnt over the years is that when everyone says keep pumping and it will increase, run fast as you can. This is a much correction needed to reflect the actual value that has inflated over a short 1-2 years period. Probably, the entire equity market.&nbsp;Specifically for SEA, a loss making business regardless of growth and potential is still&nbsp;driven by massive money burning. People who are in E-commerce industry&nbsp;knows very well the scene behind every numbers reported, it is just a money game. Ultimately, no E Commerce company is profit, till today.&nbsp;Unless Shoppee starts to monetise aggressively from its platform, but then you have sellers who will shift to other platforms due to increased cost.&nbsp;So think agai","text":"$Sea Ltd(SE)$What I have learnt over the years is that when everyone says keep pumping and it will increase, run fast as you can. This is a much correction needed to reflect the actual value that has inflated over a short 1-2 years period. Probably, the entire equity market. Specifically for SEA, a loss making business regardless of growth and potential is still driven by massive money burning. People who are in E-commerce industry knows very well the scene behind every numbers reported, it is just a money game. Ultimately, no E Commerce company is profit, till today. Unless Shoppee starts to monetise aggressively from its platform, but then you have sellers who will shift to other platforms due to increased cost. So think agai","images":[],"top":1,"highlighted":2,"essential":2,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/603622154","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":2999,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":603750186,"gmtCreate":1638455521895,"gmtModify":1638455522017,"author":{"id":"3583719339427406","authorId":"3583719339427406","name":"Robinshk","avatar":"https://static.tigerbbs.com/c1089a1858cf641f8680d8015659c00d","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3583719339427406","idStr":"3583719339427406"},"themes":[],"htmlText":"Like pls","listText":"Like pls","text":"Like pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/603750186","repostId":"2188651547","repostType":4,"repost":{"id":"2188651547","kind":"highlight","pubTimestamp":1638454201,"share":"https://www.laohu8.com/m/news/2188651547?lang=zh_CN&edition=full","pubTime":"2021-12-02 22:10","market":"us","language":"en","title":"Here's where Citi strategists say a 'buyback boom' is coming<blockquote>花旗策略师表示，“回购热潮”即将到来</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=2188651547","media":"MarketWatch","summary":"Corporate profits are set to surge next year in Europe, and along with them a big jump in stock buyb","content":"<p>Corporate profits are set to surge next year in Europe, and along with them a big jump in stock buybacks, according to strategists at Citi.</p><p><blockquote>花旗策略师表示，明年欧洲企业利润将飙升，股票回购也将大幅增加。</blockquote></p><p> Strategists led by Beata Manthey expect a 60% jump in European company earnings per share, which will help drive a 30% gain in stock buybacks.</p><p><blockquote>以Beata Manthey为首的策略师预计，欧洲公司每股收益将跃升60%，这将有助于推动股票回购增加30%。</blockquote></p><p> That's not a typical use of cash by European companies, that are more likely than their U.S. peers to return cash in the form of dividends. In 2021, Citi estimates the typical company has spent 39 cents on every euro in dividends and 9 cents on dividends. (About 46% is spent on capital expenditure, and 14% on acquisitions.)</p><p><blockquote>这不是欧洲公司典型的现金使用方式，欧洲公司比美国同行更有可能以股息的形式返还现金。花旗估计，2021年，典型公司每欧元股息支出为39美分，股息支出为9美分。（约46%用于资本支出，14%用于收购。）</blockquote></p><p> <img src=\"https://static.tigerbbs.com/e9ecc21548e2cee38a77a56c2b26e43a\" tg-width=\"700\" tg-height=\"452\" width=\"100%\" height=\"auto\"></p><p><blockquote></blockquote></p><p> \"The overall story is that dividends picked up sharply this year, but buybacks should rise most next. Our forecasts suggest the European dividend:buyback ratio will be 2.6 :1 in 2022, down from 3.3 :1 in 2021. But this is still very different to the US 0.7:1 dividend:buyback ratio,\" said the analysts.</p><p><blockquote>“总体情况是，今年股息大幅上升，但明年回购应该会上升最多。我们的预测表明，2022年欧洲股息与回购比率将为2.6：1，低于2021年的3.3：1。但这仍然与美国0.7：1的股息与回购比率非常不同，”分析师表示。</blockquote></p><p> European stocks traded lower Thursday, as traders priced in the late-session swoon on Wall Street on Wednesday.</p><p><blockquote>欧洲股市周四走低，因周三华尔街尾盘交易员定价低迷。</blockquote></p><p> The Stoxx Europe 600 fell 1.5% to 463.72.</p><p><blockquote>欧洲斯托克600指数下跌1.5%，至463.72点。</blockquote></p><p> Of the major regional indexes, the German DAX declined 1.6%, the French CAC 40 declined 1.3% and the U.K. FTSE 100 fell 0.9%.</p><p><blockquote>主要地区指数中，德国DAX指数下跌1.6%，法国CAC 40指数下跌1.3%，英国富时100指数下跌0.9%。</blockquote></p><p> Vifor Pharma jumped 19% after the Australian newspaper reported CSL is in exclusive talks to buy the Swiss company.</p><p><blockquote>澳大利亚报纸报道CSL正在就收购这家瑞士公司进行独家谈判后，Vifor Pharma股价上涨19%。</blockquote></p><p> The food delivery sector took a beating, with shares of Deliveroo , Just Eat Takeaway.com and Delivery Hero&nbsp;each retreating.</p><p><blockquote>食品配送行业遭受重创，户户送、Just Eat Takeaway.com和Delivery Hero的股价均下跌。</blockquote></p><p></p>","source":"lsy1603348471595","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Here's where Citi strategists say a 'buyback boom' is coming<blockquote>花旗策略师表示，“回购热潮”即将到来</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nHere's where Citi strategists say a 'buyback boom' is coming<blockquote>花旗策略师表示，“回购热潮”即将到来</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">MarketWatch</strong><span class=\"h-time small\">2021-12-02 22:10</span>\n</p>\n</h4>\n</header>\n<article>\n<p>Corporate profits are set to surge next year in Europe, and along with them a big jump in stock buybacks, according to strategists at Citi.</p><p><blockquote>花旗策略师表示，明年欧洲企业利润将飙升，股票回购也将大幅增加。</blockquote></p><p> Strategists led by Beata Manthey expect a 60% jump in European company earnings per share, which will help drive a 30% gain in stock buybacks.</p><p><blockquote>以Beata Manthey为首的策略师预计，欧洲公司每股收益将跃升60%，这将有助于推动股票回购增加30%。</blockquote></p><p> That's not a typical use of cash by European companies, that are more likely than their U.S. peers to return cash in the form of dividends. In 2021, Citi estimates the typical company has spent 39 cents on every euro in dividends and 9 cents on dividends. (About 46% is spent on capital expenditure, and 14% on acquisitions.)</p><p><blockquote>这不是欧洲公司典型的现金使用方式，欧洲公司比美国同行更有可能以股息的形式返还现金。花旗估计，2021年，典型公司每欧元股息支出为39美分，股息支出为9美分。（约46%用于资本支出，14%用于收购。）</blockquote></p><p> <img src=\"https://static.tigerbbs.com/e9ecc21548e2cee38a77a56c2b26e43a\" tg-width=\"700\" tg-height=\"452\" width=\"100%\" height=\"auto\"></p><p><blockquote></blockquote></p><p> \"The overall story is that dividends picked up sharply this year, but buybacks should rise most next. Our forecasts suggest the European dividend:buyback ratio will be 2.6 :1 in 2022, down from 3.3 :1 in 2021. But this is still very different to the US 0.7:1 dividend:buyback ratio,\" said the analysts.</p><p><blockquote>“总体情况是，今年股息大幅上升，但明年回购应该会上升最多。我们的预测表明，2022年欧洲股息与回购比率将为2.6：1，低于2021年的3.3：1。但这仍然与美国0.7：1的股息与回购比率非常不同，”分析师表示。</blockquote></p><p> European stocks traded lower Thursday, as traders priced in the late-session swoon on Wall Street on Wednesday.</p><p><blockquote>欧洲股市周四走低，因周三华尔街尾盘交易员定价低迷。</blockquote></p><p> The Stoxx Europe 600 fell 1.5% to 463.72.</p><p><blockquote>欧洲斯托克600指数下跌1.5%，至463.72点。</blockquote></p><p> Of the major regional indexes, the German DAX declined 1.6%, the French CAC 40 declined 1.3% and the U.K. FTSE 100 fell 0.9%.</p><p><blockquote>主要地区指数中，德国DAX指数下跌1.6%，法国CAC 40指数下跌1.3%，英国富时100指数下跌0.9%。</blockquote></p><p> Vifor Pharma jumped 19% after the Australian newspaper reported CSL is in exclusive talks to buy the Swiss company.</p><p><blockquote>澳大利亚报纸报道CSL正在就收购这家瑞士公司进行独家谈判后，Vifor Pharma股价上涨19%。</blockquote></p><p> The food delivery sector took a beating, with shares of Deliveroo , Just Eat Takeaway.com and Delivery Hero&nbsp;each retreating.</p><p><blockquote>食品配送行业遭受重创，户户送、Just Eat Takeaway.com和Delivery Hero的股价均下跌。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.marketwatch.com/story/heres-where-citi-strategists-say-a-buyback-boom-is-coming-11638452135?mod=hp_LATEST\">MarketWatch</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4007":"制药",".SPX":"S&P 500 Index","CSL.AU":"CSL LIMITED",".DJI":"道琼斯",".IXIC":"NASDAQ Composite"},"source_url":"https://www.marketwatch.com/story/heres-where-citi-strategists-say-a-buyback-boom-is-coming-11638452135?mod=hp_LATEST","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2188651547","content_text":"Corporate profits are set to surge next year in Europe, and along with them a big jump in stock buybacks, according to strategists at Citi.\nStrategists led by Beata Manthey expect a 60% jump in European company earnings per share, which will help drive a 30% gain in stock buybacks.\nThat's not a typical use of cash by European companies, that are more likely than their U.S. peers to return cash in the form of dividends. In 2021, Citi estimates the typical company has spent 39 cents on every euro in dividends and 9 cents on dividends. (About 46% is spent on capital expenditure, and 14% on acquisitions.)\n\n\"The overall story is that dividends picked up sharply this year, but buybacks should rise most next. Our forecasts suggest the European dividend:buyback ratio will be 2.6 :1 in 2022, down from 3.3 :1 in 2021. But this is still very different to the US 0.7:1 dividend:buyback ratio,\" said the analysts.\nEuropean stocks traded lower Thursday, as traders priced in the late-session swoon on Wall Street on Wednesday.\nThe Stoxx Europe 600 fell 1.5% to 463.72.\nOf the major regional indexes, the German DAX declined 1.6%, the French CAC 40 declined 1.3% and the U.K. FTSE 100 fell 0.9%.\nVifor Pharma jumped 19% after the Australian newspaper reported CSL is in exclusive talks to buy the Swiss company.\nThe food delivery sector took a beating, with shares of Deliveroo , Just Eat Takeaway.com and Delivery Hero each retreating.","news_type":1,"symbols_score_info":{".IXIC":0.9,".DJI":0.9,"CSL.AU":0.9,".SPX":0.9,"GNHAY":0.9,"END":0.9}},"isVote":1,"tweetType":1,"viewCount":2047,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":603399249,"gmtCreate":1638362216298,"gmtModify":1638362216669,"author":{"id":"3583719339427406","authorId":"3583719339427406","name":"Robinshk","avatar":"https://static.tigerbbs.com/c1089a1858cf641f8680d8015659c00d","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3583719339427406","idStr":"3583719339427406"},"themes":[],"htmlText":"Pls&nbsp;Like&nbsp;","listText":"Pls&nbsp;Like&nbsp;","text":"Pls Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/603399249","repostId":"1193294379","repostType":4,"repost":{"id":"1193294379","kind":"news","pubTimestamp":1638360110,"share":"https://www.laohu8.com/m/news/1193294379?lang=zh_CN&edition=full","pubTime":"2021-12-01 20:01","market":"us","language":"en","title":"A GE Bear Drops the Hammer Again. Why the Split Won’t Work.<blockquote>阿格熊再次落槌。为什么拆分不起作用。</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1193294379","media":"Barrons","summary":"JPMorgan analyst Stephen Tusa doesn’t see a breakup improving General Electric’s fortunes—and he’s m","content":"<p>JPMorgan analyst Stephen Tusa doesn’t see a breakup improving General Electric’s fortunes—and he’s making his case again. Others on Wall Street, though, are more upbeat.</p><p><blockquote>摩根大通分析师斯蒂芬·图萨并不认为分拆会改善通用电气的命运，他再次提出了自己的观点。不过，华尔街的其他人则更为乐观。</blockquote></p><p> General Electric&nbsp;(ticker:GE) is splitting&nbsp;into three businesses: aerospace, healthcare, and power generation. CEO Larry Culp believes more parts is the best way to generate shareholder value.</p><p><blockquote>通用电气（股票代码：GE）正在拆分为三个业务：航空航天、医疗保健和发电。首席执行官拉里·卡尔普(Larry Culp)认为，更多零件是创造股东价值的最佳方式。</blockquote></p><p> Big breakups can be risky.DowDuPont&nbsp;shareholders holding shares of&nbsp;Dow&nbsp;(DOW),DuPont de Nemours&nbsp;(DD), and&nbsp;Corteva&nbsp;(CTVA) have lagged behind the market. But United Technology shareholders have beaten the market if they hung onto shares of&nbsp;Raytheon Technologies&nbsp;(RTX),Carrier Global&nbsp;(CARR), and&nbsp;Otis Worldwide&nbsp;(OTIS).</p><p><blockquote>重大分拆可能存在风险。持有陶氏化学(DOW)、杜邦德内穆尔(DD)和Corteva(CTVA)股票的陶氏杜邦股东已落后于市场。但如果联合技术公司的股东持有雷神技术公司（RTX）、开利全球公司（CARR）和奥的斯全球公司（OTIS）的股票，他们就跑赢了市场。</blockquote></p><p> The GE split is a part of the long turnaround being led by Culp. He took over in 2018 and has sold assets to pay down about $80 billion in debt.</p><p><blockquote>通用电气的分拆是卡尔普领导的长期扭亏为盈的一部分。他于2018年接任，并已出售资产以偿还约800亿美元的债务。</blockquote></p><p> But Tusa isn’t giving Culp credit for the breakup plan. “The answer for this time is different is mostly around management,” Tusa wrote in a note Tuesday. “The plan today is far from original, essentially the same as former CEO Flannery had in store.”</p><p><blockquote>但是Tusa并不相信Culp的分手计划。图萨周二在一份报告中写道：“这一次的答案有所不同，主要围绕管理。”“今天的计划远非原创，本质上与前首席执行官弗兰纳里的计划相同。”</blockquote></p><p> Culp took over for John Flannery, who succeeded Jeffery Immelt. GE has struggles since late in Immelt’s tenure. Stock in GE was north of $200 about a month before he left in mid-2017.</p><p><blockquote>卡尔普接替了约翰·弗兰纳里，后者接替了杰弗里·伊梅尔特。自伊梅尔特任期后期以来，通用电气一直在苦苦挣扎。在他于2017年中期离职前大约一个月，通用电气的股价超过200美元。</blockquote></p><p> Tusa also questions the $20-plus billion sale of GE biopharma to&nbsp;Danaher&nbsp;(DHR), which came early in Culp’s tenure. He thinks GE left tens of billions of dollars are the table. GE did need to raise cash, in part to fund insurance liabilities that stretched back years. It wasn’t a good time for the company.</p><p><blockquote>图萨还对卡尔普任期初期以超过200亿美元的价格将GE biopharma出售给丹纳赫(DHR)提出质疑。他认为通用电气剩下的数百亿美元就在桌面上。通用电气确实需要筹集现金，部分原因是为多年前的保险负债提供资金。对公司来说，这不是一个好时机。</blockquote></p><p> GE declined to comment on the analyst’s note.</p><p><blockquote>通用电气拒绝对分析师的报告发表评论。</blockquote></p><p> Tusa is about as bearish on GE as anyone on Wall Street. Tuesday’s note is one of several he has written panning the breakup. He rates share Neutral, which essentially means he believes they will keep up with the market, but his price target is a Street-low $55 a share.</p><p><blockquote>图萨和华尔街的任何人一样看空通用电气。周二的便条是他写的几封平反分手的便条之一。他对该股的评级为中性，这基本上意味着他相信他们会跟上市场的步伐，但他的目标价是每股55美元的市场低点。</blockquote></p><p> JPMorgan uses Underweight, Neutral, and Overweight ratings instead of Sell, Buy, and Hold. JPMorgan declined to comment on maintaining a Neutral rating with a target price far below where the stock trades.</p><p><blockquote>摩根大通使用跑输大盘、中性和跑赢大盘评级，而不是卖出、买入和持有。摩根大通拒绝就维持中性评级发表评论，目标价远低于该股的交易价格。</blockquote></p><p> Others on Wall Street just don’t agree with Tusa. Bank of America analyst Andrew Obin wrote a research report Tuesday after an investor call he hosted for bank clients with GE management.</p><p><blockquote>华尔街的其他人就是不同意图萨的观点。美国银行分析师安德鲁·奥宾(Andrew Obin)周二在通用电气管理公司(GE management)为银行客户举办投资者看涨期权后撰写了一份研究报告。</blockquote></p><p> “Our call focused on big picture changes at GE,” wrote Obin. He believes Culp is splitting up the company to bring operation focus to each business. “Investor feedback was broadly positive, but lacking conviction.”</p><p><blockquote>“我们的看涨期权专注于通用电气的大局变化，”奥宾写道。他认为卡尔普正在拆分公司，以便将运营重点放在每项业务上。“投资者的反馈普遍积极，但缺乏信心。”</blockquote></p><p> Investors might be nervous, but Obin remains bullish, rating shares Buy. His price target is $140. UBS analyst Markus Mittermaier is another GE bull. He rates share Buy and has a $143 price target.</p><p><blockquote>投资者可能会感到紧张，但奥宾仍然看涨，将股票评级为买入。他的目标价是140美元。瑞银分析师马库斯·米特迈尔(Markus Mittermaier)是另一位通用电气看涨者。他将股票评级为买入，目标价为143美元。</blockquote></p><p> On Monday, Mittermaier wrote that the “triplet” companies will have a simpler capital structure going forward. Business simplification along with less debt are two reasons he remains bullish.</p><p><blockquote>周一，米特迈尔写道，“三胞胎”公司未来将拥有更简单的资本结构。业务简化和债务减少是他保持乐观的两个原因。</blockquote></p><p> Overall, 65% of analysts covering GE rate shares Buy. The average Buy-rating ratio for stocks in the&nbsp;S&amp;P 500&nbsp;is about 55%.</p><p><blockquote>总体而言，65%的GE分析师将股票评级为买入。标准普尔500指数股票的平均买入评级约为55%。</blockquote></p><p> GE stock seems to have most of the Street with it. Investors, like Obin points out, aren’t quite there yet. GE stock is down about 10% since announcing its breakup not quite a month ago. The S&amp;P 500 and&nbsp;Dow Jones Industrial Average&nbsp;are off about 1% and 4%, respectively, over the same span.</p><p><blockquote>通用电气的股票似乎得到了大部分华尔街的支持。正如奥宾指出的那样，投资者还没有完全到位。自不到一个月前宣布分拆以来，GE股价已下跌约10%。同期，标普500和道琼斯工业平均指数分别下跌约1%和4%。</blockquote></p><p> The spins will take a while—not wrapping up until 2024. That’s a long time to wait and one reason investors might have sold stock. That long time is also a reason the bull bear debate will rage for months longer.</p><p><blockquote>旋转需要一段时间——要到2024年才会结束。这是一个很长的等待时间，也是投资者可能出售股票的原因之一。这么长的时间也是牛熊争论将持续数月的原因。</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>A GE Bear Drops the Hammer Again. Why the Split Won’t Work.<blockquote>阿格熊再次落槌。为什么拆分不起作用。</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\">\nA GE Bear Drops the Hammer Again. Why the Split Won’t Work.<blockquote>阿格熊再次落槌。为什么拆分不起作用。</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Barrons</strong><span class=\"h-time small\">2021-12-01 20:01</span>\n</p>\n</h4>\n</header>\n<article>\n<p>JPMorgan analyst Stephen Tusa doesn’t see a breakup improving General Electric’s fortunes—and he’s making his case again. Others on Wall Street, though, are more upbeat.</p><p><blockquote>摩根大通分析师斯蒂芬·图萨并不认为分拆会改善通用电气的命运，他再次提出了自己的观点。不过，华尔街的其他人则更为乐观。</blockquote></p><p> General Electric&nbsp;(ticker:GE) is splitting&nbsp;into three businesses: aerospace, healthcare, and power generation. CEO Larry Culp believes more parts is the best way to generate shareholder value.</p><p><blockquote>通用电气（股票代码：GE）正在拆分为三个业务：航空航天、医疗保健和发电。首席执行官拉里·卡尔普(Larry Culp)认为，更多零件是创造股东价值的最佳方式。</blockquote></p><p> Big breakups can be risky.DowDuPont&nbsp;shareholders holding shares of&nbsp;Dow&nbsp;(DOW),DuPont de Nemours&nbsp;(DD), and&nbsp;Corteva&nbsp;(CTVA) have lagged behind the market. But United Technology shareholders have beaten the market if they hung onto shares of&nbsp;Raytheon Technologies&nbsp;(RTX),Carrier Global&nbsp;(CARR), and&nbsp;Otis Worldwide&nbsp;(OTIS).</p><p><blockquote>重大分拆可能存在风险。持有陶氏化学(DOW)、杜邦德内穆尔(DD)和Corteva(CTVA)股票的陶氏杜邦股东已落后于市场。但如果联合技术公司的股东持有雷神技术公司（RTX）、开利全球公司（CARR）和奥的斯全球公司（OTIS）的股票，他们就跑赢了市场。</blockquote></p><p> The GE split is a part of the long turnaround being led by Culp. He took over in 2018 and has sold assets to pay down about $80 billion in debt.</p><p><blockquote>通用电气的分拆是卡尔普领导的长期扭亏为盈的一部分。他于2018年接任，并已出售资产以偿还约800亿美元的债务。</blockquote></p><p> But Tusa isn’t giving Culp credit for the breakup plan. “The answer for this time is different is mostly around management,” Tusa wrote in a note Tuesday. “The plan today is far from original, essentially the same as former CEO Flannery had in store.”</p><p><blockquote>但是Tusa并不相信Culp的分手计划。图萨周二在一份报告中写道：“这一次的答案有所不同，主要围绕管理。”“今天的计划远非原创，本质上与前首席执行官弗兰纳里的计划相同。”</blockquote></p><p> Culp took over for John Flannery, who succeeded Jeffery Immelt. GE has struggles since late in Immelt’s tenure. Stock in GE was north of $200 about a month before he left in mid-2017.</p><p><blockquote>卡尔普接替了约翰·弗兰纳里，后者接替了杰弗里·伊梅尔特。自伊梅尔特任期后期以来，通用电气一直在苦苦挣扎。在他于2017年中期离职前大约一个月，通用电气的股价超过200美元。</blockquote></p><p> Tusa also questions the $20-plus billion sale of GE biopharma to&nbsp;Danaher&nbsp;(DHR), which came early in Culp’s tenure. He thinks GE left tens of billions of dollars are the table. GE did need to raise cash, in part to fund insurance liabilities that stretched back years. It wasn’t a good time for the company.</p><p><blockquote>图萨还对卡尔普任期初期以超过200亿美元的价格将GE biopharma出售给丹纳赫(DHR)提出质疑。他认为通用电气剩下的数百亿美元就在桌面上。通用电气确实需要筹集现金，部分原因是为多年前的保险负债提供资金。对公司来说，这不是一个好时机。</blockquote></p><p> GE declined to comment on the analyst’s note.</p><p><blockquote>通用电气拒绝对分析师的报告发表评论。</blockquote></p><p> Tusa is about as bearish on GE as anyone on Wall Street. Tuesday’s note is one of several he has written panning the breakup. He rates share Neutral, which essentially means he believes they will keep up with the market, but his price target is a Street-low $55 a share.</p><p><blockquote>图萨和华尔街的任何人一样看空通用电气。周二的便条是他写的几封平反分手的便条之一。他对该股的评级为中性，这基本上意味着他相信他们会跟上市场的步伐，但他的目标价是每股55美元的市场低点。</blockquote></p><p> JPMorgan uses Underweight, Neutral, and Overweight ratings instead of Sell, Buy, and Hold. JPMorgan declined to comment on maintaining a Neutral rating with a target price far below where the stock trades.</p><p><blockquote>摩根大通使用跑输大盘、中性和跑赢大盘评级，而不是卖出、买入和持有。摩根大通拒绝就维持中性评级发表评论，目标价远低于该股的交易价格。</blockquote></p><p> Others on Wall Street just don’t agree with Tusa. Bank of America analyst Andrew Obin wrote a research report Tuesday after an investor call he hosted for bank clients with GE management.</p><p><blockquote>华尔街的其他人就是不同意图萨的观点。美国银行分析师安德鲁·奥宾(Andrew Obin)周二在通用电气管理公司(GE management)为银行客户举办投资者看涨期权后撰写了一份研究报告。</blockquote></p><p> “Our call focused on big picture changes at GE,” wrote Obin. He believes Culp is splitting up the company to bring operation focus to each business. “Investor feedback was broadly positive, but lacking conviction.”</p><p><blockquote>“我们的看涨期权专注于通用电气的大局变化，”奥宾写道。他认为卡尔普正在拆分公司，以便将运营重点放在每项业务上。“投资者的反馈普遍积极，但缺乏信心。”</blockquote></p><p> Investors might be nervous, but Obin remains bullish, rating shares Buy. His price target is $140. UBS analyst Markus Mittermaier is another GE bull. He rates share Buy and has a $143 price target.</p><p><blockquote>投资者可能会感到紧张，但奥宾仍然看涨，将股票评级为买入。他的目标价是140美元。瑞银分析师马库斯·米特迈尔(Markus Mittermaier)是另一位通用电气看涨者。他将股票评级为买入，目标价为143美元。</blockquote></p><p> On Monday, Mittermaier wrote that the “triplet” companies will have a simpler capital structure going forward. Business simplification along with less debt are two reasons he remains bullish.</p><p><blockquote>周一，米特迈尔写道，“三胞胎”公司未来将拥有更简单的资本结构。业务简化和债务减少是他保持乐观的两个原因。</blockquote></p><p> Overall, 65% of analysts covering GE rate shares Buy. The average Buy-rating ratio for stocks in the&nbsp;S&amp;P 500&nbsp;is about 55%.</p><p><blockquote>总体而言，65%的GE分析师将股票评级为买入。标准普尔500指数股票的平均买入评级约为55%。</blockquote></p><p> GE stock seems to have most of the Street with it. Investors, like Obin points out, aren’t quite there yet. GE stock is down about 10% since announcing its breakup not quite a month ago. The S&amp;P 500 and&nbsp;Dow Jones Industrial Average&nbsp;are off about 1% and 4%, respectively, over the same span.</p><p><blockquote>通用电气的股票似乎得到了大部分华尔街的支持。正如奥宾指出的那样，投资者还没有完全到位。自不到一个月前宣布分拆以来，GE股价已下跌约10%。同期，标普500和道琼斯工业平均指数分别下跌约1%和4%。</blockquote></p><p> The spins will take a while—not wrapping up until 2024. That’s a long time to wait and one reason investors might have sold stock. That long time is also a reason the bull bear debate will rage for months longer.</p><p><blockquote>旋转需要一段时间——要到2024年才会结束。这是一个很长的等待时间，也是投资者可能出售股票的原因之一。这么长的时间也是牛熊争论将持续数月的原因。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.barrons.com/articles/a-ge-bear-drops-the-hammer-again-why-the-split-wont-work-51638293882?mod=hp_DAY_1\">Barrons</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GE":"GE航空航天"},"source_url":"https://www.barrons.com/articles/a-ge-bear-drops-the-hammer-again-why-the-split-wont-work-51638293882?mod=hp_DAY_1","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1193294379","content_text":"JPMorgan analyst Stephen Tusa doesn’t see a breakup improving General Electric’s fortunes—and he’s making his case again. Others on Wall Street, though, are more upbeat.\nGeneral Electric (ticker:GE) is splitting into three businesses: aerospace, healthcare, and power generation. CEO Larry Culp believes more parts is the best way to generate shareholder value.\nBig breakups can be risky.DowDuPont shareholders holding shares of Dow (DOW),DuPont de Nemours (DD), and Corteva (CTVA) have lagged behind the market. But United Technology shareholders have beaten the market if they hung onto shares of Raytheon Technologies (RTX),Carrier Global (CARR), and Otis Worldwide (OTIS).\nThe GE split is a part of the long turnaround being led by Culp. He took over in 2018 and has sold assets to pay down about $80 billion in debt.\nBut Tusa isn’t giving Culp credit for the breakup plan. “The answer for this time is different is mostly around management,” Tusa wrote in a note Tuesday. “The plan today is far from original, essentially the same as former CEO Flannery had in store.”\nCulp took over for John Flannery, who succeeded Jeffery Immelt. GE has struggles since late in Immelt’s tenure. Stock in GE was north of $200 about a month before he left in mid-2017.\nTusa also questions the $20-plus billion sale of GE biopharma to Danaher (DHR), which came early in Culp’s tenure. He thinks GE left tens of billions of dollars are the table. GE did need to raise cash, in part to fund insurance liabilities that stretched back years. It wasn’t a good time for the company.\nGE declined to comment on the analyst’s note.\nTusa is about as bearish on GE as anyone on Wall Street. Tuesday’s note is one of several he has written panning the breakup. He rates share Neutral, which essentially means he believes they will keep up with the market, but his price target is a Street-low $55 a share.\nJPMorgan uses Underweight, Neutral, and Overweight ratings instead of Sell, Buy, and Hold. JPMorgan declined to comment on maintaining a Neutral rating with a target price far below where the stock trades.\nOthers on Wall Street just don’t agree with Tusa. Bank of America analyst Andrew Obin wrote a research report Tuesday after an investor call he hosted for bank clients with GE management.\n“Our call focused on big picture changes at GE,” wrote Obin. He believes Culp is splitting up the company to bring operation focus to each business. “Investor feedback was broadly positive, but lacking conviction.”\nInvestors might be nervous, but Obin remains bullish, rating shares Buy. His price target is $140. UBS analyst Markus Mittermaier is another GE bull. He rates share Buy and has a $143 price target.\nOn Monday, Mittermaier wrote that the “triplet” companies will have a simpler capital structure going forward. Business simplification along with less debt are two reasons he remains bullish.\nOverall, 65% of analysts covering GE rate shares Buy. The average Buy-rating ratio for stocks in the S&P 500 is about 55%.\nGE stock seems to have most of the Street with it. Investors, like Obin points out, aren’t quite there yet. GE stock is down about 10% since announcing its breakup not quite a month ago. The S&P 500 and Dow Jones Industrial Average are off about 1% and 4%, respectively, over the same span.\nThe spins will take a while—not wrapping up until 2024. That’s a long time to wait and one reason investors might have sold stock. That long time is also a reason the bull bear debate will rage for months longer.","news_type":1,"symbols_score_info":{"GE":0.9}},"isVote":1,"tweetType":1,"viewCount":2621,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":874881333,"gmtCreate":1637757242428,"gmtModify":1637757242570,"author":{"id":"3583719339427406","authorId":"3583719339427406","name":"Robinshk","avatar":"https://static.tigerbbs.com/c1089a1858cf641f8680d8015659c00d","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3583719339427406","idStr":"3583719339427406"},"themes":[],"htmlText":"Like pls","listText":"Like pls","text":"Like pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/874881333","repostId":"1172780579","repostType":4,"isVote":1,"tweetType":1,"viewCount":2604,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":875580847,"gmtCreate":1637669081679,"gmtModify":1637669081781,"author":{"id":"3583719339427406","authorId":"3583719339427406","name":"Robinshk","avatar":"https://static.tigerbbs.com/c1089a1858cf641f8680d8015659c00d","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3583719339427406","idStr":"3583719339427406"},"themes":[],"htmlText":"Like pls","listText":"Like pls","text":"Like pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/875580847","repostId":"1165466420","repostType":4,"repost":{"id":"1165466420","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":1637668030,"share":"https://www.laohu8.com/m/news/1165466420?lang=zh_CN&edition=full","pubTime":"2021-11-23 19:47","market":"us","language":"en","title":"Tesla shares gained in premarket trading as the company had a backlog of over 1.2 million Cybertruck reservations worth over $80 billion<blockquote>特斯拉股价在盘前交易中上涨，因为该公司积压了超过120万辆Cybertruck预订，价值超过800亿美元</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1165466420","media":"Tiger Newspress","summary":"Tesla shares gained in premarket trading as the company had a backlog of over 1.2 million Cybertruck reservations worth over $80 billion.Based on the latest tally, Tesla has a backlog of over 1.2 million Cybertruck reservations worth over $80 billion.But there’s still no production in sight.Tesla unveiled the Cybertruck almost two years ago to the day.The electric pickup truck was supposed to be in production already, but the automaker delayed the program as it focused on growing Model Y product","content":"<p>Tesla&nbsp;shares&nbsp;gained&nbsp;in&nbsp;premarket&nbsp;trading&nbsp;as&nbsp;the&nbsp;company&nbsp;had a backlog of over 1.2 million Cybertruck reservations worth over $80 billion.&nbsp;</p><p><blockquote>特斯拉股价在盘前交易中上涨，因为该公司积压了超过120万辆Cybertruck预订，价值超过800亿美元。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/1e7342df0ead872b935b3a529400724e\" tg-width=\"879\" tg-height=\"642\" width=\"100%\" height=\"auto\"></p><p><blockquote></blockquote></p><p> Based on the latest tally, Tesla has a backlog of over 1.2 million Cybertruck reservations worth over $80 billion.</p><p><blockquote>根据最新统计，特斯拉积压了超过120万辆Cybertruck预订，价值超过800亿美元。</blockquote></p><p> But there’s still no production in sight.</p><p><blockquote>但是仍然看不到生产的迹象。</blockquote></p><p> Tesla unveiled the Cybertruck almost two years ago to the day.</p><p><blockquote>大约两年前的今天，特斯拉推出了Cybertruck。</blockquote></p><p> The electric pickup truck was supposed to be in production already, but the automaker delayed the program as it focused on growing Model Y production.</p><p><blockquote>这款电动皮卡本应已经投入生产，但该汽车制造商推迟了该计划，因为它专注于增加Model Y的产量。</blockquote></p><p> Tesla’s best estimate now puts the start of Cybertruck production in late 2022.</p><p><blockquote>特斯拉目前的最佳估计是Cybertruck将于2022年底开始生产。</blockquote></p><p> In the meantime, Tesla is still taking reservations for the electric pickup truck.</p><p><blockquote>与此同时，特斯拉仍在接受电动皮卡的预订。</blockquote></p><p> The Cybertruck reservation program has been quite successful.</p><p><blockquote>Cybertruck预订计划相当成功。</blockquote></p><p> CEO Elon Musk announced that&nbsp;Tesla received over 250,000 reservations for the Cybertruck&nbsp;within a week of unveiling the vehicle.</p><p><blockquote>首席执行官Elon Musk宣布，特斯拉在推出Cybertruck的一周内就收到了超过25万份预订。</blockquote></p><p> Generally, Tesla receives a lot of reservations early after an unveiling, and then it tapers off — but that wasn’t the case with the Cybertruck.</p><p><blockquote>一般来说，特斯拉在发布后很早就会收到很多预订，然后就会逐渐减少——但Cybertruck的情况并非如此。</blockquote></p><p> Even throughout the pandemic, sources told us that some&nbsp;Tesla stores were getting hundreds of Cybertruck reservations per week, and&nbsp;Cybertruck pre-orders even helped boost sales.</p><p><blockquote>即使在整个大流行期间，消息人士告诉我们，一些特斯拉商店每周都会收到数百辆Cybertruck预订，Cybertruck预订甚至有助于提高销量。</blockquote></p><p> The number was last updated in June 2020, and at that point,&nbsp;the number had risen to over 650,000 Cybertruck reservations.</p><p><blockquote>该数字最后一次更新是在2020年6月，当时Cybertruck预订量已升至超过65万辆。</blockquote></p><p> A crowdsourced Cybertruck reservation tally&nbsp;by the Cybertruck forum with over 28,000 entries put&nbsp;reservations at over 1 million&nbsp;back in May 2021.</p><p><blockquote>Cybertruck论坛的众包Cybertruck预订记录超过28,000个条目，2021年5月预订量超过100万。</blockquote></p><p> Now the tally estimates that Tesla has over 1,270,000 reservations for the electric pickup truck.</p><p><blockquote>目前，据统计，特斯拉电动皮卡的预订量已超过1,270,000辆。</blockquote></p><p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Tesla shares gained in premarket trading as the company had a backlog of over 1.2 million Cybertruck reservations worth over $80 billion<blockquote>特斯拉股价在盘前交易中上涨，因为该公司积压了超过120万辆Cybertruck预订，价值超过800亿美元</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTesla shares gained in premarket trading as the company had a backlog of over 1.2 million Cybertruck reservations worth over $80 billion<blockquote>特斯拉股价在盘前交易中上涨，因为该公司积压了超过120万辆Cybertruck预订，价值超过800亿美元</blockquote>\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time smaller\">2021-11-23 19:47</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>Tesla&nbsp;shares&nbsp;gained&nbsp;in&nbsp;premarket&nbsp;trading&nbsp;as&nbsp;the&nbsp;company&nbsp;had a backlog of over 1.2 million Cybertruck reservations worth over $80 billion.&nbsp;</p><p><blockquote>特斯拉股价在盘前交易中上涨，因为该公司积压了超过120万辆Cybertruck预订，价值超过800亿美元。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/1e7342df0ead872b935b3a529400724e\" tg-width=\"879\" tg-height=\"642\" width=\"100%\" height=\"auto\"></p><p><blockquote></blockquote></p><p> Based on the latest tally, Tesla has a backlog of over 1.2 million Cybertruck reservations worth over $80 billion.</p><p><blockquote>根据最新统计，特斯拉积压了超过120万辆Cybertruck预订，价值超过800亿美元。</blockquote></p><p> But there’s still no production in sight.</p><p><blockquote>但是仍然看不到生产的迹象。</blockquote></p><p> Tesla unveiled the Cybertruck almost two years ago to the day.</p><p><blockquote>大约两年前的今天，特斯拉推出了Cybertruck。</blockquote></p><p> The electric pickup truck was supposed to be in production already, but the automaker delayed the program as it focused on growing Model Y production.</p><p><blockquote>这款电动皮卡本应已经投入生产，但该汽车制造商推迟了该计划，因为它专注于增加Model Y的产量。</blockquote></p><p> Tesla’s best estimate now puts the start of Cybertruck production in late 2022.</p><p><blockquote>特斯拉目前的最佳估计是Cybertruck将于2022年底开始生产。</blockquote></p><p> In the meantime, Tesla is still taking reservations for the electric pickup truck.</p><p><blockquote>与此同时，特斯拉仍在接受电动皮卡的预订。</blockquote></p><p> The Cybertruck reservation program has been quite successful.</p><p><blockquote>Cybertruck预订计划相当成功。</blockquote></p><p> CEO Elon Musk announced that&nbsp;Tesla received over 250,000 reservations for the Cybertruck&nbsp;within a week of unveiling the vehicle.</p><p><blockquote>首席执行官Elon Musk宣布，特斯拉在推出Cybertruck的一周内就收到了超过25万份预订。</blockquote></p><p> Generally, Tesla receives a lot of reservations early after an unveiling, and then it tapers off — but that wasn’t the case with the Cybertruck.</p><p><blockquote>一般来说，特斯拉在发布后很早就会收到很多预订，然后就会逐渐减少——但Cybertruck的情况并非如此。</blockquote></p><p> Even throughout the pandemic, sources told us that some&nbsp;Tesla stores were getting hundreds of Cybertruck reservations per week, and&nbsp;Cybertruck pre-orders even helped boost sales.</p><p><blockquote>即使在整个大流行期间，消息人士告诉我们，一些特斯拉商店每周都会收到数百辆Cybertruck预订，Cybertruck预订甚至有助于提高销量。</blockquote></p><p> The number was last updated in June 2020, and at that point,&nbsp;the number had risen to over 650,000 Cybertruck reservations.</p><p><blockquote>该数字最后一次更新是在2020年6月，当时Cybertruck预订量已升至超过65万辆。</blockquote></p><p> A crowdsourced Cybertruck reservation tally&nbsp;by the Cybertruck forum with over 28,000 entries put&nbsp;reservations at over 1 million&nbsp;back in May 2021.</p><p><blockquote>Cybertruck论坛的众包Cybertruck预订记录超过28,000个条目，2021年5月预订量超过100万。</blockquote></p><p> Now the tally estimates that Tesla has over 1,270,000 reservations for the electric pickup truck.</p><p><blockquote>目前，据统计，特斯拉电动皮卡的预订量已超过1,270,000辆。</blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1165466420","content_text":"Tesla shares gained in premarket trading as the company had a backlog of over 1.2 million Cybertruck reservations worth over $80 billion. \n\nBased on the latest tally, Tesla has a backlog of over 1.2 million Cybertruck reservations worth over $80 billion.\nBut there’s still no production in sight.\nTesla unveiled the Cybertruck almost two years ago to the day.\nThe electric pickup truck was supposed to be in production already, but the automaker delayed the program as it focused on growing Model Y production.\nTesla’s best estimate now puts the start of Cybertruck production in late 2022.\nIn the meantime, Tesla is still taking reservations for the electric pickup truck.\nThe Cybertruck reservation program has been quite successful.\nCEO Elon Musk announced that Tesla received over 250,000 reservations for the Cybertruck within a week of unveiling the vehicle.\nGenerally, Tesla receives a lot of reservations early after an unveiling, and then it tapers off — but that wasn’t the case with the Cybertruck.\nEven throughout the pandemic, sources told us that some Tesla stores were getting hundreds of Cybertruck reservations per week, and Cybertruck pre-orders even helped boost sales.\nThe number was last updated in June 2020, and at that point, the number had risen to over 650,000 Cybertruck reservations.\nA crowdsourced Cybertruck reservation tally by the Cybertruck forum with over 28,000 entries put reservations at over 1 million back in May 2021.\nNow the tally estimates that Tesla has over 1,270,000 reservations for the electric pickup truck.","news_type":1,"symbols_score_info":{"TSLA":0.9}},"isVote":1,"tweetType":1,"viewCount":3134,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":872979054,"gmtCreate":1637408257424,"gmtModify":1637408257563,"author":{"id":"3583719339427406","authorId":"3583719339427406","name":"Robinshk","avatar":"https://static.tigerbbs.com/c1089a1858cf641f8680d8015659c00d","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3583719339427406","idStr":"3583719339427406"},"themes":[],"htmlText":"Help to like pls","listText":"Help to like pls","text":"Help to like pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/872979054","repostId":"1190357165","repostType":4,"repost":{"id":"1190357165","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":1637335635,"share":"https://www.laohu8.com/m/news/1190357165?lang=zh_CN&edition=full","pubTime":"2021-11-19 23:27","market":"us","language":"en","title":"EV stocks bounced in morning trading, with Lucid jumping nearly 12% and Rivian rising over 6%<blockquote>电动汽车股早盘反弹，Lucid上涨近12%，Rivian上涨超6%</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1190357165","media":"Tiger Newspress","summary":"EV stocks bounced in morning trading, with Lucid jumping nearly 12% and Rivian rising over 6%.Apple is back front and center of the talk in the electric vehicle sector with Bloomberg reporting the tech giant is targeting a launch of a self-driving car in four years. Apple's progress in developing a chip made up primarily of neural processors that can handle the artificial intelligence needed for autonomous driving is the driving force in pushing the Apple Car project ahead again.","content":"<p>EV stocks bounced in morning trading, with Lucid jumping nearly 12% and Rivian rising over 6%.<img src=\"https://static.tigerbbs.com/bf30bb80e11766be1ebdd4f81a55f6bd\" tg-width=\"277\" tg-height=\"244\" referrerpolicy=\"no-referrer\">Apple&nbsp;is back front and center of the talk in the electric vehicle sector with Bloomberg reporting the tech giant is targeting a launch of a self-driving car in four years. Apple's&nbsp;progress in developing a chip made up primarily of neural processors that can handle the artificial intelligence needed for autonomous driving is the driving force in pushing the Apple Car project ahead again.</p><p><blockquote>电动汽车股早盘反弹，Lucid上涨近12%，Rivian上涨超过6%。苹果再次成为电动汽车领域讨论的焦点，彭博社报道称，这家科技巨头的目标是在四年内推出自动驾驶汽车。苹果在开发一种主要由神经处理器组成的芯片方面取得的进展，可以处理自动驾驶所需的人工智能，这是推动苹果汽车项目再次向前发展的动力。</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 bounced in morning trading, with Lucid jumping nearly 12% and Rivian rising over 6%<blockquote>电动汽车股早盘反弹，Lucid上涨近12%，Rivian上涨超6%</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\">\nEV stocks bounced in morning trading, with Lucid jumping nearly 12% and Rivian rising over 6%<blockquote>电动汽车股早盘反弹，Lucid上涨近12%，Rivian上涨超6%</blockquote>\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time smaller\">2021-11-19 23:27</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>EV stocks bounced in morning trading, with Lucid jumping nearly 12% and Rivian rising over 6%.<img src=\"https://static.tigerbbs.com/bf30bb80e11766be1ebdd4f81a55f6bd\" tg-width=\"277\" tg-height=\"244\" referrerpolicy=\"no-referrer\">Apple&nbsp;is back front and center of the talk in the electric vehicle sector with Bloomberg reporting the tech giant is targeting a launch of a self-driving car in four years. Apple's&nbsp;progress in developing a chip made up primarily of neural processors that can handle the artificial intelligence needed for autonomous driving is the driving force in pushing the Apple Car project ahead again.</p><p><blockquote>电动汽车股早盘反弹，Lucid上涨近12%，Rivian上涨超过6%。苹果再次成为电动汽车领域讨论的焦点，彭博社报道称，这家科技巨头的目标是在四年内推出自动驾驶汽车。苹果在开发一种主要由神经处理器组成的芯片方面取得的进展，可以处理自动驾驶所需的人工智能，这是推动苹果汽车项目再次向前发展的动力。</blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"LCID":"Lucid Group Inc","RIVN":"Rivian Automotive, Inc."},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1190357165","content_text":"EV stocks bounced in morning trading, with Lucid jumping nearly 12% and Rivian rising over 6%.Apple is back front and center of the talk in the electric vehicle sector with Bloomberg reporting the tech giant is targeting a launch of a self-driving car in four years. Apple's progress in developing a chip made up primarily of neural processors that can handle the artificial intelligence needed for autonomous driving is the driving force in pushing the Apple Car project ahead again.","news_type":1,"symbols_score_info":{"RIVN":0.9,"LCID":0.9}},"isVote":1,"tweetType":1,"viewCount":2819,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":876094829,"gmtCreate":1637241967317,"gmtModify":1637241967426,"author":{"id":"3583719339427406","authorId":"3583719339427406","name":"Robinshk","avatar":"https://static.tigerbbs.com/c1089a1858cf641f8680d8015659c00d","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3583719339427406","idStr":"3583719339427406"},"themes":[],"htmlText":"Like pls","listText":"Like pls","text":"Like pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":10,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/876094829","repostId":"1133708327","repostType":4,"repost":{"id":"1133708327","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":1637234916,"share":"https://www.laohu8.com/m/news/1133708327?lang=zh_CN&edition=full","pubTime":"2021-11-18 19:28","market":"us","language":"en","title":"Alibaba slid nearly 3% in premarket trading as it missed quarterly revenue expectations<blockquote>阿里巴巴-SW盘前交易下跌近3%，因季度营收未达预期</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1133708327","media":"Tiger Newspress","summary":"Alibaba slid nearly 3% in premarket trading after posting its financial report.The company today ann","content":"<p>Alibaba slid nearly 3% in premarket trading after posting its financial report.<img src=\"https://static.tigerbbs.com/bb8e39181e945f890528b0e2f1c00b82\" tg-width=\"777\" tg-height=\"569\" referrerpolicy=\"no-referrer\">The&nbsp;company&nbsp;today announced its financial results for the quarter ended September 30, 2021.</p><p><blockquote>阿里巴巴-SW发布财务报告后，盘前交易中下跌近3%。该公司今天公布了截至2021年9月30日的季度财务业绩。</blockquote></p><p> “This quarter, Alibaba continued to firmly invest into our three strategic pillars of domestic consumption, globalization, and cloud computing to establish solid foundations for our long-term goal of sustainable growth in the future,”&nbsp;said Daniel Zhang, Chairman and Chief Executive Officer of Alibaba Group.&nbsp;“Our global annual active consumers across the Alibaba Ecosystem reached approximately 1.24 billion, with a quarterly net increase of 62 million consumers, and we are on track to achieve our longer-term target of serving two billion consumers globally.”</p><p><blockquote>“本季度，阿里巴巴-SW继续坚定投资于我们的国内消费、全球化和云计算三大战略支柱，为我们未来可持续增长的长期目标奠定坚实基础，”阿里巴巴-SW集团董事长兼首席执行官张勇表示，“我们在阿里巴巴-SW生态系统中的全球年度活跃消费者达到约12.4亿，季度净增6200万消费者，我们有望实现在全球服务20亿消费者的长期目标。”</blockquote></p><p> “We recorded revenue growth of 29% year-over-year, driven by performance of our diversified businesses,” said Maggie Wu, Chief Financial Officer of Alibaba Group. “During this quarter, our continued investments in key strategic areas have resulted in robust growth for these young businesses.”</p><p><blockquote>阿里巴巴-SW集团首席财务官Maggie Wu表示：“在多元化业务业绩的推动下，我们的收入同比增长了29%。”“本季度，我们在关键战略领域的持续投资为这些年轻企业带来了强劲增长。”</blockquote></p><p> <b>BUSINESS HIGHLIGHTS</b></p><p><blockquote><b>业务亮点</b></blockquote></p><p> <b>In the quarter ended September 30, 2021:</b></p><p><blockquote><b>截至2021年9月30日的季度：</b></blockquote></p><p> <ul>  <li><b>Revenue</b>&nbsp;was RMB200,690 million (US$31,147 million), an increase of 29% year-over-year. Excluding the consolidation of Sun Art, our revenue would have grown 16% year-over-year to RMB180,438 million (US$28,004 million). Aggregate revenue of our international commerce retail and international commerce wholesale was RMB15,092 million (US$2,342 million), an increase of 34% year-over-year. Our cloud computing revenue was RMB20,007 million (US$3,105 million), an increase of 33% year-over-year.</li>  <li><b>Annual active consumers</b>(“AACs”) of the Alibaba Ecosystem across the world reached approximately 1.24 billion for the twelve months ended September 30, 2021, an increase of approximately 62 million from the twelve months ended June 30, 2021. This includes 953 million consumers in China and 285 million consumers overseas, representing a quarterly net increase of 41 million and 20 million, respectively.</li>  <li><b>Income</b>&nbsp;<b>from operations</b>&nbsp;was RMB15,006 million (US$2,329 million), an increase of 10% year-over-year due to a RMB15,690 million decrease in share-based compensation expense related to Ant Group share-based awards granted to our employees. We excluded share-based compensation expense from our non-GAAP measurements.<b>Adjusted EBITDA</b>, a non-GAAP measurement, decreased 27% year-over-year to RMB34,840 million (US$5,407 million).<b>Adjusted EBITA</b>, a non-GAAP measurement, decreased 32% year-over-year to RMB28,033 million (US$4,351 million). The year-over-year decreases were primarily due to our increased investments in key strategic areas that have exhibited robust growth in operations, as well as our support to merchants. These investments in key strategic areas within our commerce segment, such as Taobao Deals, Local Consumer Services, Community Marketplaces and Lazada, increased by RMB12,575 million year-over-year. Excluding the impact of these investments, profits of our commerce segment would have remained stable year-over-year.</li>  <li><b>Net income attributable to ordinary shareholders</b>&nbsp;was RMB5,367 million (US$833 million)and<b>net income</b>was RMB3,377 million (US$524 million).<b>Non-GAAP net income</b>was RMB28,524 million (US$4,427 million), a decrease of 39% year-over-year.</li>  <li><b>Diluted earnings per ADS</b>&nbsp;was RMB1.97 (US$0.31) and<b>diluted earnings per share</b>was RMB0.25 (US$0.04 or HK$0.30).<b>Non-GAAP diluted earnings per ADS</b>was RMB11.20 (US$1.74), a decrease of 38% year-over-year and<b>non-GAAP diluted earnings per share</b>was RMB1.40 (US$0.22 or HK$1.68), a decrease of 38% year-over-year.</li>  <li><b>Net cash provided by operating activities</b>&nbsp;was RMB35,830 million (US$5,561 million).<b>Non-GAAP free cash flow</b>was RMB22,239 million (US$3,451 million), a decrease compared to RMB40,540 million in the same quarter of 2020, mainly due to a decrease in profit as a result of our increased investments in key strategic areas.</li> </ul> Reconciliations of GAAP measures to non-GAAP measures presented above are included at the end of this results announcement.</p><p><blockquote><ul><li><b>收入</b>为人民币2006.9亿元（311.47亿美元），同比增长29%。如果不包括合并高鑫，我们的收入将同比增长16%至人民币1,804.38亿元（280.04亿美元）。我们的国际商务零售和国际商务批发总收入为人民币150.92亿元（23.42亿美元），同比增长34%。我们的云计算收入为人民币200.07亿元（31.05亿美元），同比增长33%。</li><li><b>年度活跃消费者</b>截至2021年9月30日止十二个月，全球阿里巴巴-SW生态系统（“AACs”）的用户数达到约12.4亿，较截至2021年6月30日止十二个月增加约6200万。其中包括9.53亿中国消费者和2.85亿海外消费者，季度净增分别为4100万和2000万。</li><li><b>收入</b> <b>来自运营</b>为人民币150.06亿元（23.29亿美元），同比增长10%，原因是与授予员工的蚂蚁集团股权奖励相关的股权激励费用减少人民币156.90亿元。我们从非公认会计准则衡量中排除了基于股份的薪酬费用。<b>调整后EBITDA</b>根据非公认会计准则衡量，同比下降27%至人民币348.4亿元（54.07亿美元）。<b>调整后EBITA</b>根据非公认会计准则衡量，同比下降32%至人民币280.33亿元（43.51亿美元）。同比下降主要是由于我们增加了对运营强劲增长的关键战略领域的投资，以及我们对商家的支持。在淘宝交易、本地消费服务、社区市场和Lazada等商业板块关键战略领域的投资同比增加人民币125.75亿元。排除这些投资的影响，我们商业部门的利润将同比保持稳定。</li><li><b>归属于普通股股东的净利润</b>为人民币53.67亿元（8.33亿美元）及<b>净收入</b>为人民币33.77亿元（5.24亿美元）。<b>非公认会计准则净利润</b>为人民币285.24亿元（44.27亿美元），同比下降39%。</li><li><b>每股美国存托凭证摊薄收益</b>为人民币1.97元（0.31美元）<b>每股摊薄盈利</b>为人民币0.25元（0.04美元或0.30港元）。<b>非公认会计准则每股美国存托凭证摊薄收益</b>为人民币11.20元（1.74美元），同比下降38%<b>非公认会计准则稀释每股收益</b>为人民币1.40元（0.22美元或1.68港元），同比下降38%。</li><li><b>经营活动提供的现金净额</b>为人民币358.3亿元（55.61亿美元）。<b>非公认会计准则自由现金流</b>为人民币222.39亿元（34.51亿美元），较2020年同季度的人民币405.40亿元有所下降，主要是由于我们增加对关键战略领域的投资导致利润下降。</li></ul>上述GAAP指标与非GAAP指标的调节表包含在本业绩公告的末尾。</blockquote></p><p> <b>Guidance</b></p><p><blockquote><b>指导</b></blockquote></p><p> The&nbsp;company expected its fiscal year 2022 revenue to grow 20% to 23% year-over-year.</p><p><blockquote>该公司预计2022财年营收同比增长20%至23%。</blockquote></p><p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Alibaba slid nearly 3% in premarket trading as it missed quarterly revenue expectations<blockquote>阿里巴巴-SW盘前交易下跌近3%，因季度营收未达预期</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAlibaba slid nearly 3% in premarket trading as it missed quarterly revenue expectations<blockquote>阿里巴巴-SW盘前交易下跌近3%，因季度营收未达预期</blockquote>\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time smaller\">2021-11-18 19:28</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>Alibaba slid nearly 3% in premarket trading after posting its financial report.<img src=\"https://static.tigerbbs.com/bb8e39181e945f890528b0e2f1c00b82\" tg-width=\"777\" tg-height=\"569\" referrerpolicy=\"no-referrer\">The&nbsp;company&nbsp;today announced its financial results for the quarter ended September 30, 2021.</p><p><blockquote>阿里巴巴-SW发布财务报告后，盘前交易中下跌近3%。该公司今天公布了截至2021年9月30日的季度财务业绩。</blockquote></p><p> “This quarter, Alibaba continued to firmly invest into our three strategic pillars of domestic consumption, globalization, and cloud computing to establish solid foundations for our long-term goal of sustainable growth in the future,”&nbsp;said Daniel Zhang, Chairman and Chief Executive Officer of Alibaba Group.&nbsp;“Our global annual active consumers across the Alibaba Ecosystem reached approximately 1.24 billion, with a quarterly net increase of 62 million consumers, and we are on track to achieve our longer-term target of serving two billion consumers globally.”</p><p><blockquote>“本季度，阿里巴巴-SW继续坚定投资于我们的国内消费、全球化和云计算三大战略支柱，为我们未来可持续增长的长期目标奠定坚实基础，”阿里巴巴-SW集团董事长兼首席执行官张勇表示，“我们在阿里巴巴-SW生态系统中的全球年度活跃消费者达到约12.4亿，季度净增6200万消费者，我们有望实现在全球服务20亿消费者的长期目标。”</blockquote></p><p> “We recorded revenue growth of 29% year-over-year, driven by performance of our diversified businesses,” said Maggie Wu, Chief Financial Officer of Alibaba Group. “During this quarter, our continued investments in key strategic areas have resulted in robust growth for these young businesses.”</p><p><blockquote>阿里巴巴-SW集团首席财务官Maggie Wu表示：“在多元化业务业绩的推动下，我们的收入同比增长了29%。”“本季度，我们在关键战略领域的持续投资为这些年轻企业带来了强劲增长。”</blockquote></p><p> <b>BUSINESS HIGHLIGHTS</b></p><p><blockquote><b>业务亮点</b></blockquote></p><p> <b>In the quarter ended September 30, 2021:</b></p><p><blockquote><b>截至2021年9月30日的季度：</b></blockquote></p><p> <ul>  <li><b>Revenue</b>&nbsp;was RMB200,690 million (US$31,147 million), an increase of 29% year-over-year. Excluding the consolidation of Sun Art, our revenue would have grown 16% year-over-year to RMB180,438 million (US$28,004 million). Aggregate revenue of our international commerce retail and international commerce wholesale was RMB15,092 million (US$2,342 million), an increase of 34% year-over-year. Our cloud computing revenue was RMB20,007 million (US$3,105 million), an increase of 33% year-over-year.</li>  <li><b>Annual active consumers</b>(“AACs”) of the Alibaba Ecosystem across the world reached approximately 1.24 billion for the twelve months ended September 30, 2021, an increase of approximately 62 million from the twelve months ended June 30, 2021. This includes 953 million consumers in China and 285 million consumers overseas, representing a quarterly net increase of 41 million and 20 million, respectively.</li>  <li><b>Income</b>&nbsp;<b>from operations</b>&nbsp;was RMB15,006 million (US$2,329 million), an increase of 10% year-over-year due to a RMB15,690 million decrease in share-based compensation expense related to Ant Group share-based awards granted to our employees. We excluded share-based compensation expense from our non-GAAP measurements.<b>Adjusted EBITDA</b>, a non-GAAP measurement, decreased 27% year-over-year to RMB34,840 million (US$5,407 million).<b>Adjusted EBITA</b>, a non-GAAP measurement, decreased 32% year-over-year to RMB28,033 million (US$4,351 million). The year-over-year decreases were primarily due to our increased investments in key strategic areas that have exhibited robust growth in operations, as well as our support to merchants. These investments in key strategic areas within our commerce segment, such as Taobao Deals, Local Consumer Services, Community Marketplaces and Lazada, increased by RMB12,575 million year-over-year. Excluding the impact of these investments, profits of our commerce segment would have remained stable year-over-year.</li>  <li><b>Net income attributable to ordinary shareholders</b>&nbsp;was RMB5,367 million (US$833 million)and<b>net income</b>was RMB3,377 million (US$524 million).<b>Non-GAAP net income</b>was RMB28,524 million (US$4,427 million), a decrease of 39% year-over-year.</li>  <li><b>Diluted earnings per ADS</b>&nbsp;was RMB1.97 (US$0.31) and<b>diluted earnings per share</b>was RMB0.25 (US$0.04 or HK$0.30).<b>Non-GAAP diluted earnings per ADS</b>was RMB11.20 (US$1.74), a decrease of 38% year-over-year and<b>non-GAAP diluted earnings per share</b>was RMB1.40 (US$0.22 or HK$1.68), a decrease of 38% year-over-year.</li>  <li><b>Net cash provided by operating activities</b>&nbsp;was RMB35,830 million (US$5,561 million).<b>Non-GAAP free cash flow</b>was RMB22,239 million (US$3,451 million), a decrease compared to RMB40,540 million in the same quarter of 2020, mainly due to a decrease in profit as a result of our increased investments in key strategic areas.</li> </ul> Reconciliations of GAAP measures to non-GAAP measures presented above are included at the end of this results announcement.</p><p><blockquote><ul><li><b>收入</b>为人民币2006.9亿元（311.47亿美元），同比增长29%。如果不包括合并高鑫，我们的收入将同比增长16%至人民币1,804.38亿元（280.04亿美元）。我们的国际商务零售和国际商务批发总收入为人民币150.92亿元（23.42亿美元），同比增长34%。我们的云计算收入为人民币200.07亿元（31.05亿美元），同比增长33%。</li><li><b>年度活跃消费者</b>截至2021年9月30日止十二个月，全球阿里巴巴-SW生态系统（“AACs”）的用户数达到约12.4亿，较截至2021年6月30日止十二个月增加约6200万。其中包括9.53亿中国消费者和2.85亿海外消费者，季度净增分别为4100万和2000万。</li><li><b>收入</b> <b>来自运营</b>为人民币150.06亿元（23.29亿美元），同比增长10%，原因是与授予员工的蚂蚁集团股权奖励相关的股权激励费用减少人民币156.90亿元。我们从非公认会计准则衡量中排除了基于股份的薪酬费用。<b>调整后EBITDA</b>根据非公认会计准则衡量，同比下降27%至人民币348.4亿元（54.07亿美元）。<b>调整后EBITA</b>根据非公认会计准则衡量，同比下降32%至人民币280.33亿元（43.51亿美元）。同比下降主要是由于我们增加了对运营强劲增长的关键战略领域的投资，以及我们对商家的支持。在淘宝交易、本地消费服务、社区市场和Lazada等商业板块关键战略领域的投资同比增加人民币125.75亿元。排除这些投资的影响，我们商业部门的利润将同比保持稳定。</li><li><b>归属于普通股股东的净利润</b>为人民币53.67亿元（8.33亿美元）及<b>净收入</b>为人民币33.77亿元（5.24亿美元）。<b>非公认会计准则净利润</b>为人民币285.24亿元（44.27亿美元），同比下降39%。</li><li><b>每股美国存托凭证摊薄收益</b>为人民币1.97元（0.31美元）<b>每股摊薄盈利</b>为人民币0.25元（0.04美元或0.30港元）。<b>非公认会计准则每股美国存托凭证摊薄收益</b>为人民币11.20元（1.74美元），同比下降38%<b>非公认会计准则稀释每股收益</b>为人民币1.40元（0.22美元或1.68港元），同比下降38%。</li><li><b>经营活动提供的现金净额</b>为人民币358.3亿元（55.61亿美元）。<b>非公认会计准则自由现金流</b>为人民币222.39亿元（34.51亿美元），较2020年同季度的人民币405.40亿元有所下降，主要是由于我们增加对关键战略领域的投资导致利润下降。</li></ul>上述GAAP指标与非GAAP指标的调节表包含在本业绩公告的末尾。</blockquote></p><p> <b>Guidance</b></p><p><blockquote><b>指导</b></blockquote></p><p> The&nbsp;company expected its fiscal year 2022 revenue to grow 20% to 23% year-over-year.</p><p><blockquote>该公司预计2022财年营收同比增长20%至23%。</blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BABA":"阿里巴巴"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1133708327","content_text":"Alibaba slid nearly 3% in premarket trading after posting its financial report.The company today announced its financial results for the quarter ended September 30, 2021.\n“This quarter, Alibaba continued to firmly invest into our three strategic pillars of domestic consumption, globalization, and cloud computing to establish solid foundations for our long-term goal of sustainable growth in the future,” said Daniel Zhang, Chairman and Chief Executive Officer of Alibaba Group. “Our global annual active consumers across the Alibaba Ecosystem reached approximately 1.24 billion, with a quarterly net increase of 62 million consumers, and we are on track to achieve our longer-term target of serving two billion consumers globally.”\n“We recorded revenue growth of 29% year-over-year, driven by performance of our diversified businesses,” said Maggie Wu, Chief Financial Officer of Alibaba Group. “During this quarter, our continued investments in key strategic areas have resulted in robust growth for these young businesses.”\nBUSINESS HIGHLIGHTS\nIn the quarter ended September 30, 2021:\n\nRevenue was RMB200,690 million (US$31,147 million), an increase of 29% year-over-year. Excluding the consolidation of Sun Art, our revenue would have grown 16% year-over-year to RMB180,438 million (US$28,004 million). Aggregate revenue of our international commerce retail and international commerce wholesale was RMB15,092 million (US$2,342 million), an increase of 34% year-over-year. Our cloud computing revenue was RMB20,007 million (US$3,105 million), an increase of 33% year-over-year.\nAnnual active consumers(“AACs”) of the Alibaba Ecosystem across the world reached approximately 1.24 billion for the twelve months ended September 30, 2021, an increase of approximately 62 million from the twelve months ended June 30, 2021. This includes 953 million consumers in China and 285 million consumers overseas, representing a quarterly net increase of 41 million and 20 million, respectively.\nIncome from operations was RMB15,006 million (US$2,329 million), an increase of 10% year-over-year due to a RMB15,690 million decrease in share-based compensation expense related to Ant Group share-based awards granted to our employees. We excluded share-based compensation expense from our non-GAAP measurements.Adjusted EBITDA, a non-GAAP measurement, decreased 27% year-over-year to RMB34,840 million (US$5,407 million).Adjusted EBITA, a non-GAAP measurement, decreased 32% year-over-year to RMB28,033 million (US$4,351 million). The year-over-year decreases were primarily due to our increased investments in key strategic areas that have exhibited robust growth in operations, as well as our support to merchants. These investments in key strategic areas within our commerce segment, such as Taobao Deals, Local Consumer Services, Community Marketplaces and Lazada, increased by RMB12,575 million year-over-year. Excluding the impact of these investments, profits of our commerce segment would have remained stable year-over-year.\nNet income attributable to ordinary shareholders was RMB5,367 million (US$833 million)andnet incomewas RMB3,377 million (US$524 million).Non-GAAP net incomewas RMB28,524 million (US$4,427 million), a decrease of 39% year-over-year.\nDiluted earnings per ADS was RMB1.97 (US$0.31) anddiluted earnings per sharewas RMB0.25 (US$0.04 or HK$0.30).Non-GAAP diluted earnings per ADSwas RMB11.20 (US$1.74), a decrease of 38% year-over-year andnon-GAAP diluted earnings per sharewas RMB1.40 (US$0.22 or HK$1.68), a decrease of 38% year-over-year.\nNet cash provided by operating activities was RMB35,830 million (US$5,561 million).Non-GAAP free cash flowwas RMB22,239 million (US$3,451 million), a decrease compared to RMB40,540 million in the same quarter of 2020, mainly due to a decrease in profit as a result of our increased investments in key strategic areas.\n\nReconciliations of GAAP measures to non-GAAP measures presented above are included at the end of this results announcement.\nGuidance\nThe company expected its fiscal year 2022 revenue to grow 20% to 23% year-over-year.","news_type":1,"symbols_score_info":{"BABA":0.9}},"isVote":1,"tweetType":1,"viewCount":960,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":873732979,"gmtCreate":1636986120488,"gmtModify":1636986120593,"author":{"id":"3583719339427406","authorId":"3583719339427406","name":"Robinshk","avatar":"https://static.tigerbbs.com/c1089a1858cf641f8680d8015659c00d","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3583719339427406","idStr":"3583719339427406"},"themes":[],"htmlText":"Like pls","listText":"Like pls","text":"Like pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/873732979","repostId":"1124063419","repostType":4,"repost":{"id":"1124063419","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":1636981410,"share":"https://www.laohu8.com/m/news/1124063419?lang=zh_CN&edition=full","pubTime":"2021-11-15 21:03","market":"us","language":"en","title":"Toplines Before US Market Open on Monday<blockquote>周一美国市场开盘前的顶线</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1124063419","media":"Tiger Newspress","summary":"Stock futures pointed to a higher open Monday morning as investors awaited key retail sales and earn","content":"<p>Stock futures pointed to a higher open Monday morning as investors awaited key retail sales and earnings results out from major U.S. companies later this week.<img src=\"https://static.tigerbbs.com/9bd814193ce3a21c26ecb73c6e576fc6\" tg-width=\"1080\" tg-height=\"511\" referrerpolicy=\"no-referrer\">At 8:00 a.m. ET, S&amp;P 500 e-minis were up&nbsp;10.75&nbsp;points, or 0.23%, Nasdaq 100 e-minis&nbsp;were up&nbsp;34.5&nbsp;points, or 0.21%, and Dow e-minis&nbsp; were&nbsp;up&nbsp;118&nbsp;points, or 0.33%.</p><p><blockquote>由于投资者等待本周晚些时候美国主要公司公布的关键零售销售和盈利结果，股指期货周一上午开盘走高。截至美国东部时间上午8:00，标普500 e-minis上涨10.75点，涨幅0.23%，纳斯达克100 e-minis上涨34.5点，涨幅0.21%，道指e-minis上涨118点，涨幅0.33%。</blockquote></p><p> Investors this week are also&nbsp;set to receive new data&nbsp;from the Commerce Department on U.S. retail sales. The report is likely to show a 1.3% month-on-month jump in sales for October after a more sanguine 0.7% rise in September. And retail earnings results from major names including Walmart, Target, Home Depot and Lowe's will offer additional details on the state of the consumer.</p><p><blockquote>投资者本周还将收到商务部关于美国零售销售的新数据。该报告可能显示，继9月份销售额增长0.7%后，10月份销售额环比增长1.3%。沃尔玛、塔吉特、家得宝和劳氏等主要品牌的零售盈利结果将提供有关消费者状况的更多详细信息。</blockquote></p><p> <b>Stocks making the biggest moves in the premarket:</b></p><p><blockquote><b>盘前涨幅最大的股票：</b></blockquote></p><p> <a href=\"https://laohu8.com/S/OTLY\">Oatly Group AB</a> – The oat milk producer lost 7 cents per share for its latest quarter, smaller than the 10 cents a share loss anticipated by analysts. Revenue came in below forecasts, however, and its shares tumbled 14.1% in premarket action. Oatly said it faced challenges related to various Covid-related restrictions, but that it continues to scale up production.</p><p><blockquote><a href=\"https://laohu8.com/S/OTLY\">奥特利集团AB</a>-这家燕麦牛奶生产商最近一个季度每股亏损7美分，小于分析师预期的每股亏损10美分。然而，收入低于预期，其股价在盘前下跌14.1%。Oatly表示，它面临着与新冠病毒相关的各种限制相关的挑战，但它将继续扩大生产规模。</blockquote></p><p> <a href=\"https://laohu8.com/S/TSLA\">Tesla Motors</a> – Tesla slid 2.1% in premarket trading after a weekly loss last week ended an 11-week winning streak. Tesla CEO Elon Musk sold nearly $7 billion in stock last week.</p><p><blockquote><a href=\"https://laohu8.com/S/TSLA\">特斯拉</a>-特斯拉在上周的每周下跌结束了11周的连涨后，盘前交易中下跌2.1%。特斯拉CEO Elon Musk上周出售了近70亿美元的股票。</blockquote></p><p> <a href=\"https://laohu8.com/S/DLTR\">Dollar Tree</a> – Dollar Tree surged 8.3% in the premarket after activist investor Mantle Ridge took a stake in the discount retailer. The Wall Street Journal reports that Mantle Ridge wants Dollar Tree to take action to boost its stock price and is focusing on pricing strategies at the company’s Family Dollar chain. The news prompted Deutsche Bank to upgrade the stock to “buy” from “hold,” citing potential improvements.</p><p><blockquote><a href=\"https://laohu8.com/S/DLTR\">美元树</a>-激进投资者Mantle Ridge入股这家折扣零售商后，Dollar Tree盘前股价飙升8.3%。《华尔街日报》报道称，Mantle Ridge希望Dollar Tree采取行动提振其股价，并专注于该公司家族Dollar chain的定价策略。这一消息促使德意志银行将该股评级从“持有”上调至“买入”，理由是潜在的改善。</blockquote></p><p> <a href=\"https://laohu8.com/S/TSN\">Tyson</a> – The beef and poultry producer earned $2.30 per share for its fiscal fourth quarter, 27 cents a share above estimates. Revenue topped Wall Street forecasts as well. Tyson also announced a new productivity program that it says will save $1 billion annually by the end of 2024.</p><p><blockquote><a href=\"https://laohu8.com/S/TSN\">泰森</a>-这家牛肉和家禽生产商第四财季每股收益2.30美元，比预期高出27美分。收入也超出了华尔街的预期。泰森食品还宣布了一项新的生产力计划，据称到2024年底每年将节省10亿美元。</blockquote></p><p> <a href=\"https://laohu8.com/S/AMT\">American Tower</a> – The communications infrastructure real estate investment trust is buying data center REITCoreSite Realty(COR) for $170 per share in cash, or about $10.1 billion. CoreSite rose 2.6% in premarket action.</p><p><blockquote><a href=\"https://laohu8.com/S/AMT\">美国塔</a>–通信基础设施房地产投资信托基金将以每股170美元现金（约合101亿美元）收购数据中心REITCoreSite Realty(COR)。CoreSite在盘前上涨2.6%。</blockquote></p><p> <a href=\"https://laohu8.com/S/DE\">John Deere</a> – The heavy equipment maker and striking workers reached a third tentative contract agreement after the first two were rejected. Neither side gave details on the new agreement and it is not yet clear when a vote will take place. Workers have been off the job since Oct. 14.</p><p><blockquote><a href=\"https://laohu8.com/S/DE\">约翰·Deere</a>-重型设备制造商和罢工工人在前两份合同被拒绝后达成了第三份暂定合同协议。双方都没有透露新协议的细节，目前还不清楚何时会进行投票。自10月14日以来，工人们一直失业。</blockquote></p><p> <a href=\"https://laohu8.com/S/EVGO\">EVgo Inc.</a> – The operator of public EV charging networks saw its stock tank by 7.7% in the premarket, after Credit Suisse downgraded it to “neutral” from “outperform.” The company said a recent rally in the stock has likely priced in benefits from the infrastructure bill as well as recent partnership announcements.</p><p><blockquote><a href=\"https://laohu8.com/S/EVGO\">EVgo公司。</a>-在瑞士信贷将公共电动汽车充电网络运营商的评级从“跑赢大盘”下调至“中性”后，其股价在盘前下跌了7.7%。该公司表示，该股最近的上涨可能已经消化了基础设施法案以及最近合作伙伴关系公告的好处。</blockquote></p><p> <a href=\"https://laohu8.com/S/RDS.A\">Royal Dutch Shell PLC</a> – Royal Dutch Shell plans to scrap its dual share structure and also drop the “Royal Dutch” part of its corporate name. The announcement comes amid calls by activist investor Third Point to split up the energy giant into several companies to increase shareholder value. Class “A” shares gained 1.5% in premarket action, while class “B” shares rose 1.1%.</p><p><blockquote><a href=\"https://laohu8.com/S/RDS.A\">荷兰皇家壳牌公司</a>-荷兰皇家壳牌计划取消其双重股权结构，并删除其公司名称中的“荷兰皇家”部分。这一消息是在激进投资者Third Point评级将这家能源巨头拆分为几家公司以增加股东价值之际发布的。“A”类股在盘前上涨1.5%，而“B”类股上涨1.1%。</blockquote></p><p> <a href=\"https://laohu8.com/S/BA\">Boeing</a> – Boeing Senior Vice President Ihssane Mounir said the jet maker is “getting close” to resuming deliveries of its 787 Dreamliner, after suspending them to deal with production issues. Mounir said the exact timing depends on the outcome of ongoing talks with regulators. The stock added 2.7% in the premarket.</p><p><blockquote><a href=\"https://laohu8.com/S/BA\">波音公司</a>-波音公司高级副总裁Ihssane Mounir表示，该喷气式飞机制造商在暂停交付787梦想飞机以处理生产问题后，“即将”恢复交付。穆尼尔表示，具体时间取决于与监管机构正在进行的谈判结果。该股盘前上涨2.7%。</blockquote></p><p> <a href=\"https://laohu8.com/S/WOOF\">Petco Health and Wellness Company, Inc.</a> – The pet products retailer’s stock slid 2.9% in premarket trading after Jefferies downgraded it to “hold” from “buy.” Jefferies cited valuation after a 26% rise over three months, as well as challenging labor conditions in Petco’s veterinary business.</p><p><blockquote><a href=\"https://laohu8.com/S/WOOF\">Petco健康和保健公司。</a>-杰富瑞(Jefferies)将该宠物产品零售商的评级从“买入”下调至“持有”后，该公司股价在盘前交易中下跌2.9%。杰富瑞(Jefferies)列举了三个月内上涨26%后的估值，以及Petco兽医业务充满挑战的劳动条件。</blockquote></p><p> <a href=\"https://laohu8.com/S/CRWD\">CrowdStrike Holdings, Inc.</a> – Morgan Stanley began coverage of the cybersecurity company with an “underweight” rating, noting increasing competition and pricing pressure. Crowdstrike slid 4.6% in the premarket.</p><p><blockquote><a href=\"https://laohu8.com/S/CRWD\">CrowdStrike控股公司。</a>-摩根士丹利开始对这家网络安全公司给予“跑输大盘”评级，并指出竞争和定价压力不断加剧。Crowdstrike盘前下跌4.6%。</blockquote></p><p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Toplines Before US Market Open on Monday<blockquote>周一美国市场开盘前的顶线</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\">\nToplines Before US Market Open on Monday<blockquote>周一美国市场开盘前的顶线</blockquote>\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time smaller\">2021-11-15 21:03</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>Stock futures pointed to a higher open Monday morning as investors awaited key retail sales and earnings results out from major U.S. companies later this week.<img src=\"https://static.tigerbbs.com/9bd814193ce3a21c26ecb73c6e576fc6\" tg-width=\"1080\" tg-height=\"511\" referrerpolicy=\"no-referrer\">At 8:00 a.m. ET, S&amp;P 500 e-minis were up&nbsp;10.75&nbsp;points, or 0.23%, Nasdaq 100 e-minis&nbsp;were up&nbsp;34.5&nbsp;points, or 0.21%, and Dow e-minis&nbsp; were&nbsp;up&nbsp;118&nbsp;points, or 0.33%.</p><p><blockquote>由于投资者等待本周晚些时候美国主要公司公布的关键零售销售和盈利结果，股指期货周一上午开盘走高。截至美国东部时间上午8:00，标普500 e-minis上涨10.75点，涨幅0.23%，纳斯达克100 e-minis上涨34.5点，涨幅0.21%，道指e-minis上涨118点，涨幅0.33%。</blockquote></p><p> Investors this week are also&nbsp;set to receive new data&nbsp;from the Commerce Department on U.S. retail sales. The report is likely to show a 1.3% month-on-month jump in sales for October after a more sanguine 0.7% rise in September. And retail earnings results from major names including Walmart, Target, Home Depot and Lowe's will offer additional details on the state of the consumer.</p><p><blockquote>投资者本周还将收到商务部关于美国零售销售的新数据。该报告可能显示，继9月份销售额增长0.7%后，10月份销售额环比增长1.3%。沃尔玛、塔吉特、家得宝和劳氏等主要品牌的零售盈利结果将提供有关消费者状况的更多详细信息。</blockquote></p><p> <b>Stocks making the biggest moves in the premarket:</b></p><p><blockquote><b>盘前涨幅最大的股票：</b></blockquote></p><p> <a href=\"https://laohu8.com/S/OTLY\">Oatly Group AB</a> – The oat milk producer lost 7 cents per share for its latest quarter, smaller than the 10 cents a share loss anticipated by analysts. Revenue came in below forecasts, however, and its shares tumbled 14.1% in premarket action. Oatly said it faced challenges related to various Covid-related restrictions, but that it continues to scale up production.</p><p><blockquote><a href=\"https://laohu8.com/S/OTLY\">奥特利集团AB</a>-这家燕麦牛奶生产商最近一个季度每股亏损7美分，小于分析师预期的每股亏损10美分。然而，收入低于预期，其股价在盘前下跌14.1%。Oatly表示，它面临着与新冠病毒相关的各种限制相关的挑战，但它将继续扩大生产规模。</blockquote></p><p> <a href=\"https://laohu8.com/S/TSLA\">Tesla Motors</a> – Tesla slid 2.1% in premarket trading after a weekly loss last week ended an 11-week winning streak. Tesla CEO Elon Musk sold nearly $7 billion in stock last week.</p><p><blockquote><a href=\"https://laohu8.com/S/TSLA\">特斯拉</a>-特斯拉在上周的每周下跌结束了11周的连涨后，盘前交易中下跌2.1%。特斯拉CEO Elon Musk上周出售了近70亿美元的股票。</blockquote></p><p> <a href=\"https://laohu8.com/S/DLTR\">Dollar Tree</a> – Dollar Tree surged 8.3% in the premarket after activist investor Mantle Ridge took a stake in the discount retailer. The Wall Street Journal reports that Mantle Ridge wants Dollar Tree to take action to boost its stock price and is focusing on pricing strategies at the company’s Family Dollar chain. The news prompted Deutsche Bank to upgrade the stock to “buy” from “hold,” citing potential improvements.</p><p><blockquote><a href=\"https://laohu8.com/S/DLTR\">美元树</a>-激进投资者Mantle Ridge入股这家折扣零售商后，Dollar Tree盘前股价飙升8.3%。《华尔街日报》报道称，Mantle Ridge希望Dollar Tree采取行动提振其股价，并专注于该公司家族Dollar chain的定价策略。这一消息促使德意志银行将该股评级从“持有”上调至“买入”，理由是潜在的改善。</blockquote></p><p> <a href=\"https://laohu8.com/S/TSN\">Tyson</a> – The beef and poultry producer earned $2.30 per share for its fiscal fourth quarter, 27 cents a share above estimates. Revenue topped Wall Street forecasts as well. Tyson also announced a new productivity program that it says will save $1 billion annually by the end of 2024.</p><p><blockquote><a href=\"https://laohu8.com/S/TSN\">泰森</a>-这家牛肉和家禽生产商第四财季每股收益2.30美元，比预期高出27美分。收入也超出了华尔街的预期。泰森食品还宣布了一项新的生产力计划，据称到2024年底每年将节省10亿美元。</blockquote></p><p> <a href=\"https://laohu8.com/S/AMT\">American Tower</a> – The communications infrastructure real estate investment trust is buying data center REITCoreSite Realty(COR) for $170 per share in cash, or about $10.1 billion. CoreSite rose 2.6% in premarket action.</p><p><blockquote><a href=\"https://laohu8.com/S/AMT\">美国塔</a>–通信基础设施房地产投资信托基金将以每股170美元现金（约合101亿美元）收购数据中心REITCoreSite Realty(COR)。CoreSite在盘前上涨2.6%。</blockquote></p><p> <a href=\"https://laohu8.com/S/DE\">John Deere</a> – The heavy equipment maker and striking workers reached a third tentative contract agreement after the first two were rejected. Neither side gave details on the new agreement and it is not yet clear when a vote will take place. Workers have been off the job since Oct. 14.</p><p><blockquote><a href=\"https://laohu8.com/S/DE\">约翰·Deere</a>-重型设备制造商和罢工工人在前两份合同被拒绝后达成了第三份暂定合同协议。双方都没有透露新协议的细节，目前还不清楚何时会进行投票。自10月14日以来，工人们一直失业。</blockquote></p><p> <a href=\"https://laohu8.com/S/EVGO\">EVgo Inc.</a> – The operator of public EV charging networks saw its stock tank by 7.7% in the premarket, after Credit Suisse downgraded it to “neutral” from “outperform.” The company said a recent rally in the stock has likely priced in benefits from the infrastructure bill as well as recent partnership announcements.</p><p><blockquote><a href=\"https://laohu8.com/S/EVGO\">EVgo公司。</a>-在瑞士信贷将公共电动汽车充电网络运营商的评级从“跑赢大盘”下调至“中性”后，其股价在盘前下跌了7.7%。该公司表示，该股最近的上涨可能已经消化了基础设施法案以及最近合作伙伴关系公告的好处。</blockquote></p><p> <a href=\"https://laohu8.com/S/RDS.A\">Royal Dutch Shell PLC</a> – Royal Dutch Shell plans to scrap its dual share structure and also drop the “Royal Dutch” part of its corporate name. The announcement comes amid calls by activist investor Third Point to split up the energy giant into several companies to increase shareholder value. Class “A” shares gained 1.5% in premarket action, while class “B” shares rose 1.1%.</p><p><blockquote><a href=\"https://laohu8.com/S/RDS.A\">荷兰皇家壳牌公司</a>-荷兰皇家壳牌计划取消其双重股权结构，并删除其公司名称中的“荷兰皇家”部分。这一消息是在激进投资者Third Point评级将这家能源巨头拆分为几家公司以增加股东价值之际发布的。“A”类股在盘前上涨1.5%，而“B”类股上涨1.1%。</blockquote></p><p> <a href=\"https://laohu8.com/S/BA\">Boeing</a> – Boeing Senior Vice President Ihssane Mounir said the jet maker is “getting close” to resuming deliveries of its 787 Dreamliner, after suspending them to deal with production issues. Mounir said the exact timing depends on the outcome of ongoing talks with regulators. The stock added 2.7% in the premarket.</p><p><blockquote><a href=\"https://laohu8.com/S/BA\">波音公司</a>-波音公司高级副总裁Ihssane Mounir表示，该喷气式飞机制造商在暂停交付787梦想飞机以处理生产问题后，“即将”恢复交付。穆尼尔表示，具体时间取决于与监管机构正在进行的谈判结果。该股盘前上涨2.7%。</blockquote></p><p> <a href=\"https://laohu8.com/S/WOOF\">Petco Health and Wellness Company, Inc.</a> – The pet products retailer’s stock slid 2.9% in premarket trading after Jefferies downgraded it to “hold” from “buy.” Jefferies cited valuation after a 26% rise over three months, as well as challenging labor conditions in Petco’s veterinary business.</p><p><blockquote><a href=\"https://laohu8.com/S/WOOF\">Petco健康和保健公司。</a>-杰富瑞(Jefferies)将该宠物产品零售商的评级从“买入”下调至“持有”后，该公司股价在盘前交易中下跌2.9%。杰富瑞(Jefferies)列举了三个月内上涨26%后的估值，以及Petco兽医业务充满挑战的劳动条件。</blockquote></p><p> <a href=\"https://laohu8.com/S/CRWD\">CrowdStrike Holdings, Inc.</a> – Morgan Stanley began coverage of the cybersecurity company with an “underweight” rating, noting increasing competition and pricing pressure. Crowdstrike slid 4.6% in the premarket.</p><p><blockquote><a href=\"https://laohu8.com/S/CRWD\">CrowdStrike控股公司。</a>-摩根士丹利开始对这家网络安全公司给予“跑输大盘”评级，并指出竞争和定价压力不断加剧。Crowdstrike盘前下跌4.6%。</blockquote></p><p></p>\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"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1124063419","content_text":"Stock futures pointed to a higher open Monday morning as investors awaited key retail sales and earnings results out from major U.S. companies later this week.At 8:00 a.m. ET, S&P 500 e-minis were up 10.75 points, or 0.23%, Nasdaq 100 e-minis were up 34.5 points, or 0.21%, and Dow e-minis  were up 118 points, or 0.33%.\nInvestors this week are also set to receive new data from the Commerce Department on U.S. retail sales. The report is likely to show a 1.3% month-on-month jump in sales for October after a more sanguine 0.7% rise in September. And retail earnings results from major names including Walmart, Target, Home Depot and Lowe's will offer additional details on the state of the consumer.\nStocks making the biggest moves in the premarket:\nOatly Group AB – The oat milk producer lost 7 cents per share for its latest quarter, smaller than the 10 cents a share loss anticipated by analysts. Revenue came in below forecasts, however, and its shares tumbled 14.1% in premarket action. Oatly said it faced challenges related to various Covid-related restrictions, but that it continues to scale up production.\nTesla Motors – Tesla slid 2.1% in premarket trading after a weekly loss last week ended an 11-week winning streak. Tesla CEO Elon Musk sold nearly $7 billion in stock last week.\nDollar Tree – Dollar Tree surged 8.3% in the premarket after activist investor Mantle Ridge took a stake in the discount retailer. The Wall Street Journal reports that Mantle Ridge wants Dollar Tree to take action to boost its stock price and is focusing on pricing strategies at the company’s Family Dollar chain. The news prompted Deutsche Bank to upgrade the stock to “buy” from “hold,” citing potential improvements.\nTyson – The beef and poultry producer earned $2.30 per share for its fiscal fourth quarter, 27 cents a share above estimates. Revenue topped Wall Street forecasts as well. Tyson also announced a new productivity program that it says will save $1 billion annually by the end of 2024.\nAmerican Tower – The communications infrastructure real estate investment trust is buying data center REITCoreSite Realty(COR) for $170 per share in cash, or about $10.1 billion. CoreSite rose 2.6% in premarket action.\nJohn Deere – The heavy equipment maker and striking workers reached a third tentative contract agreement after the first two were rejected. Neither side gave details on the new agreement and it is not yet clear when a vote will take place. Workers have been off the job since Oct. 14.\nEVgo Inc. – The operator of public EV charging networks saw its stock tank by 7.7% in the premarket, after Credit Suisse downgraded it to “neutral” from “outperform.” The company said a recent rally in the stock has likely priced in benefits from the infrastructure bill as well as recent partnership announcements.\nRoyal Dutch Shell PLC – Royal Dutch Shell plans to scrap its dual share structure and also drop the “Royal Dutch” part of its corporate name. The announcement comes amid calls by activist investor Third Point to split up the energy giant into several companies to increase shareholder value. Class “A” shares gained 1.5% in premarket action, while class “B” shares rose 1.1%.\nBoeing – Boeing Senior Vice President Ihssane Mounir said the jet maker is “getting close” to resuming deliveries of its 787 Dreamliner, after suspending them to deal with production issues. Mounir said the exact timing depends on the outcome of ongoing talks with regulators. The stock added 2.7% in the premarket.\nPetco Health and Wellness Company, Inc. – The pet products retailer’s stock slid 2.9% in premarket trading after Jefferies downgraded it to “hold” from “buy.” Jefferies cited valuation after a 26% rise over three months, as well as challenging labor conditions in Petco’s veterinary business.\nCrowdStrike Holdings, Inc. – Morgan Stanley began coverage of the cybersecurity company with an “underweight” rating, noting increasing competition and pricing pressure. Crowdstrike slid 4.6% in the premarket.","news_type":1,"symbols_score_info":{".DJI":0.9,".IXIC":0.9,".SPX":0.9}},"isVote":1,"tweetType":1,"viewCount":891,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":873902333,"gmtCreate":1636816890768,"gmtModify":1636816890867,"author":{"id":"3583719339427406","authorId":"3583719339427406","name":"Robinshk","avatar":"https://static.tigerbbs.com/c1089a1858cf641f8680d8015659c00d","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3583719339427406","idStr":"3583719339427406"},"themes":[],"htmlText":"Like pls","listText":"Like pls","text":"Like pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/873902333","repostId":"1102251183","repostType":4,"repost":{"id":"1102251183","kind":"news","pubTimestamp":1636772424,"share":"https://www.laohu8.com/m/news/1102251183?lang=zh_CN&edition=full","pubTime":"2021-11-13 11:00","market":"us","language":"en","title":"Pfizer Shows Its R&D Is Strong. It’s a Good Sign for the Stock.<blockquote>辉瑞显示其研发实力雄厚。这对该股来说是一个好兆头。</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1102251183","media":"Barrons","summary":"Pfizer’s chief scientific officer, Mikael Dolsten, sounded giddy when reached via telephone early Mo","content":"<p>Pfizer’s&nbsp;chief scientific officer, Mikael Dolsten, sounded giddy when reached via telephone early Monday morning. It was just days after his company knocked the socks off the market with the news that its Covid-19 antiviral had cut the risk of hospitalization by 89% in high-risk adults.</p><p><blockquote>周一早上，辉瑞公司首席科学官米凯尔·多尔斯滕(Mikael Dolsten)接到电话时，听起来很头晕。就在几天前，他的公司宣布其Covid-19抗病毒药物将高危成年人的住院风险降低了89%。</blockquote></p><p> “It can’t be just a random thing, that you’re able to beat this type of world record and get a grand slam at the same time by chance,” Dolsten said, scrambling sports metaphors as he sought to illustrate the magnitude of Pfizer’s twin wins: the development of a stunningly effective Covid-19 vaccine in just 10 months, followed a year later by the development of a similarly stunning Covid-19 antiviral.</p><p><blockquote>多尔斯滕说：“你能够打破这种类型的世界纪录，同时偶然获得大满贯，这不可能只是一件随机的事情。”他在试图说明辉瑞的双重胜利：在短短10个月内开发出了一种效果惊人的Covid-19疫苗，一年后又开发出了一种同样令人惊叹的Covid-19抗病毒药物。</blockquote></p><p> Two years ago, Pfizer (ticker: PFE) CEO Albert Bourla asked investors to take a big gamble on the research-and-development operation that Dolsten has rebuilt over the course of more than a decade. That bet is looking smarter than ever.</p><p><blockquote>两年前，辉瑞（股票代码：PFE）首席执行官阿尔伯特·布尔拉（Albert Bourla）要求投资者对多尔斯滕十多年来重建的研发业务进行豪赌。这个赌注看起来比以往任何时候都更聪明。</blockquote></p><p> Bourla has gotten rid of Pfizer’s off-patent drugs division and the last of its consumer health products, leaving behind a pure-play biopharma company that will live or die on the strength of Dolsten’s science.</p><p><blockquote>Bourla已经摆脱了辉瑞的非专利药物部门及其最后的消费者健康产品，留下了一家纯粹的生物制药公司，该公司的生死存亡都取决于Dolsten的科学实力。</blockquote></p><p> In a cover story in November 2019, <i>Barron’s</i> argued that Bourla and Dolsten could pull it off.</p><p><blockquote>在2019年11月的一篇封面报道中，<i>巴伦周刊</i>认为布尔拉和多尔斯滕可以成功。</blockquote></p><p> The new antiviral data reaffirms the case for Pfizer that <i>Barron’s</i> made two years ago. Continuing to profit off the pandemic, however, brings new risks, as criticism grows over the global inequity in vaccine distribution. Low-income nations account for less than 1% of the more than seven billion doses administered worldwide. If distribution of Pfizer’s antiviral continues to favor wealthy nations, the company’s stock could ultimately suffer.</p><p><blockquote>新的抗病毒数据再次证实了辉瑞的理由<i>巴伦周刊</i>两年前做的。然而，随着对全球疫苗分配不平等的批评越来越多，继续从大流行中获利会带来新的风险。在全球超过70亿剂疫苗中，低收入国家仅占不到1%。如果辉瑞抗病毒药物的分销继续有利于富裕国家，该公司的股票最终可能会受到影响。</blockquote></p><p> Pfizer’s shares surged 10.9% the day the data came out, their best daily showing in at least 20 years. Still, with the stock now changing hands at around $50, investors continue to undervalue the company. Investors are pricing Pfizer at 12 times next year’s expected earnings, cheaper than peers like&nbsp;Johnson &amp; Johnson&nbsp;(JNJ) and&nbsp;Eli Lilly&nbsp;(LLY).</p><p><blockquote>数据公布当天，辉瑞股价飙升10.9%，创下至少20年来的最佳单日表现。尽管如此，由于该股目前易手价格约为50美元，投资者继续低估该公司的价值。投资者对辉瑞的定价是明年预期收益的12倍，低于强生(JNJ)和礼来(LLY)等同行。</blockquote></p><p> The Pfizer discount can be attributed to concerns over the patent cliff the drugmaker faces at the end of the decade. The company stands to lose exclusivity over a handful of drugs that bring in billions in annual revenue.</p><p><blockquote>辉瑞的折扣可归因于对该制药商在本世纪末面临专利悬崖的担忧。该公司将失去对少数年收入数十亿美元的药物的独家经营权。</blockquote></p><p> The worries are legitimate, but Pfizer’s scientific coup should give investors confidence that the company’s science can carry it safely over that cliff. It may take time for the market to catch up, but for long-term investors, it’s a promising opportunity.</p><p><blockquote>这些担忧是合理的，但辉瑞的科学政变应该让投资者相信该公司的科学能够安全地越过悬崖。市场可能需要时间才能赶上，但对于长期投资者来说，这是一个充满希望的机会。</blockquote></p><p> The success of the antiviral is the best illustration yet of Pfizer’s scientific prowess.</p><p><blockquote>抗病毒药物的成功是辉瑞科学实力的最佳例证。</blockquote></p><p> While Pfizer’s Covid-19 vaccine came out of the labs of the German biotech&nbsp;BioNTech&nbsp;(BNTX), the new Covid-19 antiviral was whipped up by what Dolsten called a “dream team” of scientists at Pfizer’s own labs across the Northeast U.S.</p><p><blockquote>虽然辉瑞的新冠肺炎疫苗来自德国生物技术公司BioNTech(BNTX)的实验室，但新的新冠肺炎抗病毒药物是由多尔斯滕所说的辉瑞位于美国东北部实验室的科学家“梦之队”研制出来的。</blockquote></p><p> In the earliest days of the pandemic, Pfizer split its efforts between its collaboration with BioNTech on the vaccine and its quest for a Covid-19 pill. The vaccine effort operated on a huge scale; Dolsten called it a “mega team” that spanned the Atlantic.</p><p><blockquote>在大流行的早期，辉瑞公司将其努力分为与BioNTech在疫苗上的合作和对新冠肺炎药丸的探索。疫苗工作规模巨大；多尔斯滕称之为横跨大西洋的“巨型团队”。</blockquote></p><p> The antiviral project was a much smaller operation—a group of Pfizer experts operating with resources left over from the vaccine push.</p><p><blockquote>抗病毒项目规模要小得多——一组辉瑞专家利用疫苗推广剩余的资源进行运营。</blockquote></p><p> “The small molecule was more like a nimble, laser-focused, high-end team, with rather moderate resources,” Dolsten said.</p><p><blockquote>“小分子更像是一个灵活、专注于激光的高端团队，拥有相当适中的资源，”多尔斯滕说。</blockquote></p><p> Dolsten gathered some of Pfizer’s most experienced scientists to work on the antiviral project, including its head of medicine design, Charlotte Allerton. The scientists started with work Pfizer had done years ago on a type of antiviral called a protease inhibitor.</p><p><blockquote>多尔斯滕召集了辉瑞公司一些最有经验的科学家参与抗病毒项目，其中包括药物设计主管夏洛特·阿勒顿。科学家们从辉瑞公司多年前在一种叫做蛋白酶抑制剂的抗病毒药物上所做的工作开始。</blockquote></p><p> “[Pfizer’s] pharmaceutical R&amp;D is better than people had thought.”</p><p><blockquote>“（辉瑞的）制药研发比人们想象的要好。”</blockquote></p><p> The protease inhibitors in the Pfizer library, however, had been administered intravenously, and had not worked well when delivered orally. The team had to figure out how to adapt the drugs to oral administration, a substantial undertaking.</p><p><blockquote>然而，辉瑞文库中的蛋白酶抑制剂已经静脉内施用，并且当口服递送时效果不佳。该团队必须弄清楚如何使药物适应口服给药，这是一项艰巨的任务。</blockquote></p><p> “They had to really create a lot of new chemistry,” Dolsten said. The scientists created 600 compounds to nail down the right drug, a process that might normally take years, and which they accomplished in a matter of months. “Four years turned into four months here,” he said.</p><p><blockquote>“他们必须真正创造很多新的化学反应，”多尔斯滕说。科学家们创造了600种化合物来确定正确的药物，这个过程通常可能需要数年时间，但他们在几个月内就完成了。“在这里，四年变成了四个月，”他说。</blockquote></p><p> Pfizer started testing the pill in humans in March. It is now running a number of Phase 2/3 trials of the drug, including one for patients who are high risk, one for patients not high risk, and one as a prophylaxis for patients who have been exposed to the virus but aren’t yet sick. In the first readout, the drug looked substantially more effective than the Covid treatment pill from&nbsp;Merck&nbsp;(MRK).</p><p><blockquote>辉瑞公司于三月份开始在人体中测试这种药物。该公司目前正在进行该药物的多项2/3期试验，包括一项针对高风险患者，一项针对非高风险患者，以及一项针对接触过病毒但尚未患病的患者的预防试验。在第一次读数中，该药物看起来比默克公司(MRK)的新冠治疗药物有效得多。</blockquote></p><p> “It definitely helps prove the point that [Pfizer’s] pharmaceutical R&amp;D is better than people had thought,” says Louise Chen, an analyst at Cantor Fitzgerald, who has an Overweight rating and a $61 price target on the stock.</p><p><blockquote>Cantor Fitzgerald分析师Louise Chen表示：“这无疑有助于证明辉瑞的制药研发比人们想象的要好。”她对该股给予跑赢大盘评级，目标价为61美元。</blockquote></p><p></p><p> Chen says that she doesn’t expect investors to come around to her way of thinking until there is more clarity on the durability of Covid-19 vaccine and pill sales, and the rest of the pipeline gets proved out.</p><p><blockquote>陈表示，在Covid-19疫苗和药丸销售的持久性更加明确以及其余产品得到证实之前，她预计投资者不会接受她的想法。</blockquote></p><p> “There is not one event that I think will trigger a re-rating of the stock at the next level,” she says. “Until those things play out, I don’t think that it necessarily will.”</p><p><blockquote>“我认为没有一个事件会引发该股下一个级别的重新评级，”她说。“在这些事情发生之前，我认为不一定会发生。”</blockquote></p><p> That makes a bet on Pfizer a long-term play. In the meantime, the experience of&nbsp;Moderna&nbsp;(MRNA) in recent weeks is highlighting the potential for the vaccine makers to come under scrutiny over unequal distribution of vaccines.</p><p><blockquote>这使得对辉瑞的押注成为一项长期投资。与此同时，Moderna(MRNA)最近几周的经历凸显了疫苗制造商因疫苗分配不平等而受到审查的可能性。</blockquote></p><p> Biden administration officials have been increasingly frustrated with Moderna, calling on the company to ramp up production so it can offer more doses at not-for-profit prices to low-income countries, with one top official calling on the company to “step up.”</p><p><blockquote>拜登政府官员对Moderna越来越失望，呼吁该公司提高产量，以便能够以非营利价格向低收入国家提供更多剂量，一位高级官员呼吁该公司“挺身而出”。</blockquote></p><p> Moderna shares are down more than 40% over the past three months.</p><p><blockquote>Moderna股价在过去三个月下跌了40%以上。</blockquote></p><p> As the pandemic persists, Pfizer risks eroding the enormous goodwill it earned roughly a year ago when it introduced its Covid-19 vaccine. Earlier this month, Pfizer CEO Bourla blamed low-income countries for unfair vaccine distribution, telling <i>Barron’s</i> that it was their fault for not placing orders. Pfizer has sold a billion vaccine doses to the U.S. at a not-for-profit price to donate to poor countries, and says that a total of at least two billion doses will be delivered to low- and middle-income nations by the end of next year.</p><p><blockquote>随着疫情的持续，辉瑞面临着侵蚀大约一年前推出Covid-19疫苗时赢得的巨大商誉的风险。本月早些时候，辉瑞首席执行官布尔拉指责低收入国家疫苗分配不公平，告诉<i>巴伦周刊</i>没有下订单是他们的错。辉瑞公司已以非营利价格向美国出售了10亿剂疫苗，捐赠给贫穷国家，并表示到明年年底将向中低收入国家提供总计至少20亿剂疫苗。</blockquote></p><p> When it comes to antivirals, Pfizer has said only that it will offer tiered pricing for poorer nations, the same approach it has taken with its vaccine.</p><p><blockquote>在抗病毒药物方面，辉瑞仅表示将为较贫穷国家提供分级定价，与其疫苗采取的方法相同。</blockquote></p><p> That contrasts sharply with Merck’s plan to make its own Covid-19 pill available to poor countries. Merck has signed a deal with a United Nations-backed group that will allow its pill to be licensed globally, with no royalties paid to Merck.</p><p><blockquote>这与默克公司向贫穷国家提供自己的Covid-19药丸的计划形成鲜明对比。默克公司已与一个联合国支持的组织签署了一项协议，允许其药丸在全球范围内获得许可，无需向默克公司支付特许权使用费。</blockquote></p><p> Dolsten said that Pfizer is looking into licensing its pill under a similar mechanism as Merck’s. “We will look at those options,” he said. “By no means have we said we would do something different. We just want to make sure whoever will be involved gets the advice and skill to do this.”</p><p><blockquote>多尔斯滕表示，辉瑞正在考虑根据与默克类似的机制许可其药物。“我们将考虑这些选择，”他说。“我们绝不是说我们会做一些不同的事情。我们只是想确保参与其中的人都能获得这样做的建议和技能。”</blockquote></p><p> Such a step couldn’t come soon enough. Late last month, activists protested outside Bourla’s home, calling on Pfizer to share its vaccine manufacturing technology and to fill orders from low-income countries ahead of those from wealthy countries.</p><p><blockquote>这样的一步来得太快了。上月底，活动人士在布尔拉家外抗议，呼吁辉瑞分享其疫苗制造技术，并在富裕国家之前完成低收入国家的订单。</blockquote></p><p> An aggressive plan to share its antiviral would help stave off such criticism, keeping Pfizer in the relative good graces of Washington and allowing its impressive science to continue to drive the stock higher.</p><p><blockquote>分享其抗病毒药物的积极计划将有助于避免此类批评，使辉瑞公司相对受到华盛顿的青睐，并使其令人印象深刻的科学知识继续推动股价走高。</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>Pfizer Shows Its R&D Is Strong. It’s a Good Sign for the Stock.<blockquote>辉瑞显示其研发实力雄厚。这对该股来说是一个好兆头。</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\">\nPfizer Shows Its R&D Is Strong. It’s a Good Sign for the Stock.<blockquote>辉瑞显示其研发实力雄厚。这对该股来说是一个好兆头。</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Barrons</strong><span class=\"h-time small\">2021-11-13 11:00</span>\n</p>\n</h4>\n</header>\n<article>\n<p>Pfizer’s&nbsp;chief scientific officer, Mikael Dolsten, sounded giddy when reached via telephone early Monday morning. It was just days after his company knocked the socks off the market with the news that its Covid-19 antiviral had cut the risk of hospitalization by 89% in high-risk adults.</p><p><blockquote>周一早上，辉瑞公司首席科学官米凯尔·多尔斯滕(Mikael Dolsten)接到电话时，听起来很头晕。就在几天前，他的公司宣布其Covid-19抗病毒药物将高危成年人的住院风险降低了89%。</blockquote></p><p> “It can’t be just a random thing, that you’re able to beat this type of world record and get a grand slam at the same time by chance,” Dolsten said, scrambling sports metaphors as he sought to illustrate the magnitude of Pfizer’s twin wins: the development of a stunningly effective Covid-19 vaccine in just 10 months, followed a year later by the development of a similarly stunning Covid-19 antiviral.</p><p><blockquote>多尔斯滕说：“你能够打破这种类型的世界纪录，同时偶然获得大满贯，这不可能只是一件随机的事情。”他在试图说明辉瑞的双重胜利：在短短10个月内开发出了一种效果惊人的Covid-19疫苗，一年后又开发出了一种同样令人惊叹的Covid-19抗病毒药物。</blockquote></p><p> Two years ago, Pfizer (ticker: PFE) CEO Albert Bourla asked investors to take a big gamble on the research-and-development operation that Dolsten has rebuilt over the course of more than a decade. That bet is looking smarter than ever.</p><p><blockquote>两年前，辉瑞（股票代码：PFE）首席执行官阿尔伯特·布尔拉（Albert Bourla）要求投资者对多尔斯滕十多年来重建的研发业务进行豪赌。这个赌注看起来比以往任何时候都更聪明。</blockquote></p><p> Bourla has gotten rid of Pfizer’s off-patent drugs division and the last of its consumer health products, leaving behind a pure-play biopharma company that will live or die on the strength of Dolsten’s science.</p><p><blockquote>Bourla已经摆脱了辉瑞的非专利药物部门及其最后的消费者健康产品，留下了一家纯粹的生物制药公司，该公司的生死存亡都取决于Dolsten的科学实力。</blockquote></p><p> In a cover story in November 2019, <i>Barron’s</i> argued that Bourla and Dolsten could pull it off.</p><p><blockquote>在2019年11月的一篇封面报道中，<i>巴伦周刊</i>认为布尔拉和多尔斯滕可以成功。</blockquote></p><p> The new antiviral data reaffirms the case for Pfizer that <i>Barron’s</i> made two years ago. Continuing to profit off the pandemic, however, brings new risks, as criticism grows over the global inequity in vaccine distribution. Low-income nations account for less than 1% of the more than seven billion doses administered worldwide. If distribution of Pfizer’s antiviral continues to favor wealthy nations, the company’s stock could ultimately suffer.</p><p><blockquote>新的抗病毒数据再次证实了辉瑞的理由<i>巴伦周刊</i>两年前做的。然而，随着对全球疫苗分配不平等的批评越来越多，继续从大流行中获利会带来新的风险。在全球超过70亿剂疫苗中，低收入国家仅占不到1%。如果辉瑞抗病毒药物的分销继续有利于富裕国家，该公司的股票最终可能会受到影响。</blockquote></p><p> Pfizer’s shares surged 10.9% the day the data came out, their best daily showing in at least 20 years. Still, with the stock now changing hands at around $50, investors continue to undervalue the company. Investors are pricing Pfizer at 12 times next year’s expected earnings, cheaper than peers like&nbsp;Johnson &amp; Johnson&nbsp;(JNJ) and&nbsp;Eli Lilly&nbsp;(LLY).</p><p><blockquote>数据公布当天，辉瑞股价飙升10.9%，创下至少20年来的最佳单日表现。尽管如此，由于该股目前易手价格约为50美元，投资者继续低估该公司的价值。投资者对辉瑞的定价是明年预期收益的12倍，低于强生(JNJ)和礼来(LLY)等同行。</blockquote></p><p> The Pfizer discount can be attributed to concerns over the patent cliff the drugmaker faces at the end of the decade. The company stands to lose exclusivity over a handful of drugs that bring in billions in annual revenue.</p><p><blockquote>辉瑞的折扣可归因于对该制药商在本世纪末面临专利悬崖的担忧。该公司将失去对少数年收入数十亿美元的药物的独家经营权。</blockquote></p><p> The worries are legitimate, but Pfizer’s scientific coup should give investors confidence that the company’s science can carry it safely over that cliff. It may take time for the market to catch up, but for long-term investors, it’s a promising opportunity.</p><p><blockquote>这些担忧是合理的，但辉瑞的科学政变应该让投资者相信该公司的科学能够安全地越过悬崖。市场可能需要时间才能赶上，但对于长期投资者来说，这是一个充满希望的机会。</blockquote></p><p> The success of the antiviral is the best illustration yet of Pfizer’s scientific prowess.</p><p><blockquote>抗病毒药物的成功是辉瑞科学实力的最佳例证。</blockquote></p><p> While Pfizer’s Covid-19 vaccine came out of the labs of the German biotech&nbsp;BioNTech&nbsp;(BNTX), the new Covid-19 antiviral was whipped up by what Dolsten called a “dream team” of scientists at Pfizer’s own labs across the Northeast U.S.</p><p><blockquote>虽然辉瑞的新冠肺炎疫苗来自德国生物技术公司BioNTech(BNTX)的实验室，但新的新冠肺炎抗病毒药物是由多尔斯滕所说的辉瑞位于美国东北部实验室的科学家“梦之队”研制出来的。</blockquote></p><p> In the earliest days of the pandemic, Pfizer split its efforts between its collaboration with BioNTech on the vaccine and its quest for a Covid-19 pill. The vaccine effort operated on a huge scale; Dolsten called it a “mega team” that spanned the Atlantic.</p><p><blockquote>在大流行的早期，辉瑞公司将其努力分为与BioNTech在疫苗上的合作和对新冠肺炎药丸的探索。疫苗工作规模巨大；多尔斯滕称之为横跨大西洋的“巨型团队”。</blockquote></p><p> The antiviral project was a much smaller operation—a group of Pfizer experts operating with resources left over from the vaccine push.</p><p><blockquote>抗病毒项目规模要小得多——一组辉瑞专家利用疫苗推广剩余的资源进行运营。</blockquote></p><p> “The small molecule was more like a nimble, laser-focused, high-end team, with rather moderate resources,” Dolsten said.</p><p><blockquote>“小分子更像是一个灵活、专注于激光的高端团队，拥有相当适中的资源，”多尔斯滕说。</blockquote></p><p> Dolsten gathered some of Pfizer’s most experienced scientists to work on the antiviral project, including its head of medicine design, Charlotte Allerton. The scientists started with work Pfizer had done years ago on a type of antiviral called a protease inhibitor.</p><p><blockquote>多尔斯滕召集了辉瑞公司一些最有经验的科学家参与抗病毒项目，其中包括药物设计主管夏洛特·阿勒顿。科学家们从辉瑞公司多年前在一种叫做蛋白酶抑制剂的抗病毒药物上所做的工作开始。</blockquote></p><p> “[Pfizer’s] pharmaceutical R&amp;D is better than people had thought.”</p><p><blockquote>“（辉瑞的）制药研发比人们想象的要好。”</blockquote></p><p> The protease inhibitors in the Pfizer library, however, had been administered intravenously, and had not worked well when delivered orally. The team had to figure out how to adapt the drugs to oral administration, a substantial undertaking.</p><p><blockquote>然而，辉瑞文库中的蛋白酶抑制剂已经静脉内施用，并且当口服递送时效果不佳。该团队必须弄清楚如何使药物适应口服给药，这是一项艰巨的任务。</blockquote></p><p> “They had to really create a lot of new chemistry,” Dolsten said. The scientists created 600 compounds to nail down the right drug, a process that might normally take years, and which they accomplished in a matter of months. “Four years turned into four months here,” he said.</p><p><blockquote>“他们必须真正创造很多新的化学反应，”多尔斯滕说。科学家们创造了600种化合物来确定正确的药物，这个过程通常可能需要数年时间，但他们在几个月内就完成了。“在这里，四年变成了四个月，”他说。</blockquote></p><p> Pfizer started testing the pill in humans in March. It is now running a number of Phase 2/3 trials of the drug, including one for patients who are high risk, one for patients not high risk, and one as a prophylaxis for patients who have been exposed to the virus but aren’t yet sick. In the first readout, the drug looked substantially more effective than the Covid treatment pill from&nbsp;Merck&nbsp;(MRK).</p><p><blockquote>辉瑞公司于三月份开始在人体中测试这种药物。该公司目前正在进行该药物的多项2/3期试验，包括一项针对高风险患者，一项针对非高风险患者，以及一项针对接触过病毒但尚未患病的患者的预防试验。在第一次读数中，该药物看起来比默克公司(MRK)的新冠治疗药物有效得多。</blockquote></p><p> “It definitely helps prove the point that [Pfizer’s] pharmaceutical R&amp;D is better than people had thought,” says Louise Chen, an analyst at Cantor Fitzgerald, who has an Overweight rating and a $61 price target on the stock.</p><p><blockquote>Cantor Fitzgerald分析师Louise Chen表示：“这无疑有助于证明辉瑞的制药研发比人们想象的要好。”她对该股给予跑赢大盘评级，目标价为61美元。</blockquote></p><p></p><p> Chen says that she doesn’t expect investors to come around to her way of thinking until there is more clarity on the durability of Covid-19 vaccine and pill sales, and the rest of the pipeline gets proved out.</p><p><blockquote>陈表示，在Covid-19疫苗和药丸销售的持久性更加明确以及其余产品得到证实之前，她预计投资者不会接受她的想法。</blockquote></p><p> “There is not one event that I think will trigger a re-rating of the stock at the next level,” she says. “Until those things play out, I don’t think that it necessarily will.”</p><p><blockquote>“我认为没有一个事件会引发该股下一个级别的重新评级，”她说。“在这些事情发生之前，我认为不一定会发生。”</blockquote></p><p> That makes a bet on Pfizer a long-term play. In the meantime, the experience of&nbsp;Moderna&nbsp;(MRNA) in recent weeks is highlighting the potential for the vaccine makers to come under scrutiny over unequal distribution of vaccines.</p><p><blockquote>这使得对辉瑞的押注成为一项长期投资。与此同时，Moderna(MRNA)最近几周的经历凸显了疫苗制造商因疫苗分配不平等而受到审查的可能性。</blockquote></p><p> Biden administration officials have been increasingly frustrated with Moderna, calling on the company to ramp up production so it can offer more doses at not-for-profit prices to low-income countries, with one top official calling on the company to “step up.”</p><p><blockquote>拜登政府官员对Moderna越来越失望，呼吁该公司提高产量，以便能够以非营利价格向低收入国家提供更多剂量，一位高级官员呼吁该公司“挺身而出”。</blockquote></p><p> Moderna shares are down more than 40% over the past three months.</p><p><blockquote>Moderna股价在过去三个月下跌了40%以上。</blockquote></p><p> As the pandemic persists, Pfizer risks eroding the enormous goodwill it earned roughly a year ago when it introduced its Covid-19 vaccine. Earlier this month, Pfizer CEO Bourla blamed low-income countries for unfair vaccine distribution, telling <i>Barron’s</i> that it was their fault for not placing orders. Pfizer has sold a billion vaccine doses to the U.S. at a not-for-profit price to donate to poor countries, and says that a total of at least two billion doses will be delivered to low- and middle-income nations by the end of next year.</p><p><blockquote>随着疫情的持续，辉瑞面临着侵蚀大约一年前推出Covid-19疫苗时赢得的巨大商誉的风险。本月早些时候，辉瑞首席执行官布尔拉指责低收入国家疫苗分配不公平，告诉<i>巴伦周刊</i>没有下订单是他们的错。辉瑞公司已以非营利价格向美国出售了10亿剂疫苗，捐赠给贫穷国家，并表示到明年年底将向中低收入国家提供总计至少20亿剂疫苗。</blockquote></p><p> When it comes to antivirals, Pfizer has said only that it will offer tiered pricing for poorer nations, the same approach it has taken with its vaccine.</p><p><blockquote>在抗病毒药物方面，辉瑞仅表示将为较贫穷国家提供分级定价，与其疫苗采取的方法相同。</blockquote></p><p> That contrasts sharply with Merck’s plan to make its own Covid-19 pill available to poor countries. Merck has signed a deal with a United Nations-backed group that will allow its pill to be licensed globally, with no royalties paid to Merck.</p><p><blockquote>这与默克公司向贫穷国家提供自己的Covid-19药丸的计划形成鲜明对比。默克公司已与一个联合国支持的组织签署了一项协议，允许其药丸在全球范围内获得许可，无需向默克公司支付特许权使用费。</blockquote></p><p> Dolsten said that Pfizer is looking into licensing its pill under a similar mechanism as Merck’s. “We will look at those options,” he said. “By no means have we said we would do something different. We just want to make sure whoever will be involved gets the advice and skill to do this.”</p><p><blockquote>多尔斯滕表示，辉瑞正在考虑根据与默克类似的机制许可其药物。“我们将考虑这些选择，”他说。“我们绝不是说我们会做一些不同的事情。我们只是想确保参与其中的人都能获得这样做的建议和技能。”</blockquote></p><p> Such a step couldn’t come soon enough. Late last month, activists protested outside Bourla’s home, calling on Pfizer to share its vaccine manufacturing technology and to fill orders from low-income countries ahead of those from wealthy countries.</p><p><blockquote>这样的一步来得太快了。上月底，活动人士在布尔拉家外抗议，呼吁辉瑞分享其疫苗制造技术，并在富裕国家之前完成低收入国家的订单。</blockquote></p><p> An aggressive plan to share its antiviral would help stave off such criticism, keeping Pfizer in the relative good graces of Washington and allowing its impressive science to continue to drive the stock higher.</p><p><blockquote>分享其抗病毒药物的积极计划将有助于避免此类批评，使辉瑞公司相对受到华盛顿的青睐，并使其令人印象深刻的科学知识继续推动股价走高。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.barrons.com/articles/buy-pfizer-stock-covid-19-51636674652?mod=hp_LEAD_1\">Barrons</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"PFE":"辉瑞"},"source_url":"https://www.barrons.com/articles/buy-pfizer-stock-covid-19-51636674652?mod=hp_LEAD_1","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1102251183","content_text":"Pfizer’s chief scientific officer, Mikael Dolsten, sounded giddy when reached via telephone early Monday morning. It was just days after his company knocked the socks off the market with the news that its Covid-19 antiviral had cut the risk of hospitalization by 89% in high-risk adults.\n“It can’t be just a random thing, that you’re able to beat this type of world record and get a grand slam at the same time by chance,” Dolsten said, scrambling sports metaphors as he sought to illustrate the magnitude of Pfizer’s twin wins: the development of a stunningly effective Covid-19 vaccine in just 10 months, followed a year later by the development of a similarly stunning Covid-19 antiviral.\nTwo years ago, Pfizer (ticker: PFE) CEO Albert Bourla asked investors to take a big gamble on the research-and-development operation that Dolsten has rebuilt over the course of more than a decade. That bet is looking smarter than ever.\nBourla has gotten rid of Pfizer’s off-patent drugs division and the last of its consumer health products, leaving behind a pure-play biopharma company that will live or die on the strength of Dolsten’s science.\nIn a cover story in November 2019, Barron’s argued that Bourla and Dolsten could pull it off.\nThe new antiviral data reaffirms the case for Pfizer that Barron’s made two years ago. Continuing to profit off the pandemic, however, brings new risks, as criticism grows over the global inequity in vaccine distribution. Low-income nations account for less than 1% of the more than seven billion doses administered worldwide. If distribution of Pfizer’s antiviral continues to favor wealthy nations, the company’s stock could ultimately suffer.\nPfizer’s shares surged 10.9% the day the data came out, their best daily showing in at least 20 years. Still, with the stock now changing hands at around $50, investors continue to undervalue the company. Investors are pricing Pfizer at 12 times next year’s expected earnings, cheaper than peers like Johnson & Johnson (JNJ) and Eli Lilly (LLY).\nThe Pfizer discount can be attributed to concerns over the patent cliff the drugmaker faces at the end of the decade. The company stands to lose exclusivity over a handful of drugs that bring in billions in annual revenue.\nThe worries are legitimate, but Pfizer’s scientific coup should give investors confidence that the company’s science can carry it safely over that cliff. It may take time for the market to catch up, but for long-term investors, it’s a promising opportunity.\nThe success of the antiviral is the best illustration yet of Pfizer’s scientific prowess.\nWhile Pfizer’s Covid-19 vaccine came out of the labs of the German biotech BioNTech (BNTX), the new Covid-19 antiviral was whipped up by what Dolsten called a “dream team” of scientists at Pfizer’s own labs across the Northeast U.S.\nIn the earliest days of the pandemic, Pfizer split its efforts between its collaboration with BioNTech on the vaccine and its quest for a Covid-19 pill. The vaccine effort operated on a huge scale; Dolsten called it a “mega team” that spanned the Atlantic.\nThe antiviral project was a much smaller operation—a group of Pfizer experts operating with resources left over from the vaccine push.\n“The small molecule was more like a nimble, laser-focused, high-end team, with rather moderate resources,” Dolsten said.\nDolsten gathered some of Pfizer’s most experienced scientists to work on the antiviral project, including its head of medicine design, Charlotte Allerton. The scientists started with work Pfizer had done years ago on a type of antiviral called a protease inhibitor.\n“[Pfizer’s] pharmaceutical R&D is better than people had thought.”\nThe protease inhibitors in the Pfizer library, however, had been administered intravenously, and had not worked well when delivered orally. The team had to figure out how to adapt the drugs to oral administration, a substantial undertaking.\n“They had to really create a lot of new chemistry,” Dolsten said. The scientists created 600 compounds to nail down the right drug, a process that might normally take years, and which they accomplished in a matter of months. “Four years turned into four months here,” he said.\nPfizer started testing the pill in humans in March. It is now running a number of Phase 2/3 trials of the drug, including one for patients who are high risk, one for patients not high risk, and one as a prophylaxis for patients who have been exposed to the virus but aren’t yet sick. In the first readout, the drug looked substantially more effective than the Covid treatment pill from Merck (MRK).\n“It definitely helps prove the point that [Pfizer’s] pharmaceutical R&D is better than people had thought,” says Louise Chen, an analyst at Cantor Fitzgerald, who has an Overweight rating and a $61 price target on the stock.\nChen says that she doesn’t expect investors to come around to her way of thinking until there is more clarity on the durability of Covid-19 vaccine and pill sales, and the rest of the pipeline gets proved out.\n“There is not one event that I think will trigger a re-rating of the stock at the next level,” she says. “Until those things play out, I don’t think that it necessarily will.”\nThat makes a bet on Pfizer a long-term play. In the meantime, the experience of Moderna (MRNA) in recent weeks is highlighting the potential for the vaccine makers to come under scrutiny over unequal distribution of vaccines.\nBiden administration officials have been increasingly frustrated with Moderna, calling on the company to ramp up production so it can offer more doses at not-for-profit prices to low-income countries, with one top official calling on the company to “step up.”\nModerna shares are down more than 40% over the past three months.\nAs the pandemic persists, Pfizer risks eroding the enormous goodwill it earned roughly a year ago when it introduced its Covid-19 vaccine. Earlier this month, Pfizer CEO Bourla blamed low-income countries for unfair vaccine distribution, telling Barron’s that it was their fault for not placing orders. Pfizer has sold a billion vaccine doses to the U.S. at a not-for-profit price to donate to poor countries, and says that a total of at least two billion doses will be delivered to low- and middle-income nations by the end of next year.\nWhen it comes to antivirals, Pfizer has said only that it will offer tiered pricing for poorer nations, the same approach it has taken with its vaccine.\nThat contrasts sharply with Merck’s plan to make its own Covid-19 pill available to poor countries. Merck has signed a deal with a United Nations-backed group that will allow its pill to be licensed globally, with no royalties paid to Merck.\nDolsten said that Pfizer is looking into licensing its pill under a similar mechanism as Merck’s. “We will look at those options,” he said. “By no means have we said we would do something different. We just want to make sure whoever will be involved gets the advice and skill to do this.”\nSuch a step couldn’t come soon enough. Late last month, activists protested outside Bourla’s home, calling on Pfizer to share its vaccine manufacturing technology and to fill orders from low-income countries ahead of those from wealthy countries.\nAn aggressive plan to share its antiviral would help stave off such criticism, keeping Pfizer in the relative good graces of Washington and allowing its impressive science to continue to drive the stock higher.","news_type":1,"symbols_score_info":{"PFE":0.9}},"isVote":1,"tweetType":1,"viewCount":622,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":870531889,"gmtCreate":1636631513063,"gmtModify":1636631513429,"author":{"id":"3583719339427406","authorId":"3583719339427406","name":"Robinshk","avatar":"https://static.tigerbbs.com/c1089a1858cf641f8680d8015659c00d","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3583719339427406","idStr":"3583719339427406"},"themes":[],"htmlText":"Comment pls","listText":"Comment pls","text":"Comment pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/870531889","repostId":"1152179749","repostType":4,"repost":{"id":"1152179749","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":1636630921,"share":"https://www.laohu8.com/m/news/1152179749?lang=zh_CN&edition=full","pubTime":"2021-11-11 19:42","market":"us","language":"en","title":"Lordstown Motors shares rose nearly 12% in premarket trading<blockquote>Lordstown Motors股价在盘前交易中上涨近12%</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1152179749","media":"Tiger Newspress","summary":"Lordstown Motors shares rose nearly 12% in premarket trading.Lordstown Motors Corp said on Wednesday","content":"<p>Lordstown&nbsp;Motors&nbsp;shares&nbsp;rose&nbsp;nearly&nbsp;12%&nbsp;in&nbsp;premarket&nbsp;trading.<img src=\"https://static.tigerbbs.com/97e386320197b4b678930cb38e14a8a0\" tg-width=\"870\" tg-height=\"582\" referrerpolicy=\"no-referrer\">Lordstown Motors Corp said on Wednesday that&nbsp;Foxconn has bought stock worth $50 million from the U.S. electric vehicle maker, finalizing an equity investment announced in September.</p><p><blockquote>Lordstown Motors股价在盘前交易中上涨近12%。洛兹敦汽车公司周三表示，富士康已从这家美国电动汽车制造商购买了价值5000万美元的股票，完成了9月份宣布的股权投资。</blockquote></p><p> Foxconn acquired the shares at $6.8983 apiece, Lordstown said.</p><p><blockquote>洛兹敦表示，富士康以每股6.8983美元的价格收购了这些股票。</blockquote></p><p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Lordstown Motors shares rose nearly 12% in premarket trading<blockquote>Lordstown Motors股价在盘前交易中上涨近12%</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; 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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\">\nLordstown Motors shares rose nearly 12% in premarket trading<blockquote>Lordstown Motors股价在盘前交易中上涨近12%</blockquote>\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time smaller\">2021-11-11 19:42</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>Lordstown&nbsp;Motors&nbsp;shares&nbsp;rose&nbsp;nearly&nbsp;12%&nbsp;in&nbsp;premarket&nbsp;trading.<img src=\"https://static.tigerbbs.com/97e386320197b4b678930cb38e14a8a0\" tg-width=\"870\" tg-height=\"582\" referrerpolicy=\"no-referrer\">Lordstown Motors Corp said on Wednesday that&nbsp;Foxconn has bought stock worth $50 million from the U.S. electric vehicle maker, finalizing an equity investment announced in September.</p><p><blockquote>Lordstown Motors股价在盘前交易中上涨近12%。洛兹敦汽车公司周三表示，富士康已从这家美国电动汽车制造商购买了价值5000万美元的股票，完成了9月份宣布的股权投资。</blockquote></p><p> Foxconn acquired the shares at $6.8983 apiece, Lordstown said.</p><p><blockquote>洛兹敦表示，富士康以每股6.8983美元的价格收购了这些股票。</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":"1152179749","content_text":"Lordstown Motors shares rose nearly 12% in premarket trading.Lordstown Motors Corp said on Wednesday that Foxconn has bought stock worth $50 million from the U.S. electric vehicle maker, finalizing an equity investment announced in September.\nFoxconn acquired the shares at $6.8983 apiece, Lordstown said.","news_type":1,"symbols_score_info":{"RIDE":0.9}},"isVote":1,"tweetType":1,"viewCount":665,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":870531937,"gmtCreate":1636631464838,"gmtModify":1636631465133,"author":{"id":"3583719339427406","authorId":"3583719339427406","name":"Robinshk","avatar":"https://static.tigerbbs.com/c1089a1858cf641f8680d8015659c00d","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3583719339427406","idStr":"3583719339427406"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/ANVS\">$Annovis Bio, Inc.(ANVS)$</a>Up","listText":"<a href=\"https://laohu8.com/S/ANVS\">$Annovis Bio, Inc.(ANVS)$</a>Up","text":"$Annovis Bio, 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Inc.(ANVS)$Up","images":[{"img":"https://static.tigerbbs.com/fd1115aeb3b0cd13b147368b8e88123a","width":"1125","height":"2196"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/844032537","isVote":1,"tweetType":1,"viewCount":885,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"CN","totalScore":0}],"hots":[{"id":867006296,"gmtCreate":1633157331062,"gmtModify":1633157331391,"author":{"id":"3583719339427406","authorId":"3583719339427406","name":"Robinshk","avatar":"https://static.tigerbbs.com/c1089a1858cf641f8680d8015659c00d","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3583719339427406","idStr":"3583719339427406"},"themes":[],"htmlText":"Like and comment&nbsp;","listText":"Like and comment&nbsp;","text":"Like and comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":9,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/867006296","repostId":"2172961873","repostType":4,"isVote":1,"tweetType":1,"viewCount":284,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":863240002,"gmtCreate":1632402005406,"gmtModify":1632800669552,"author":{"id":"3583719339427406","authorId":"3583719339427406","name":"Robinshk","avatar":"https://static.tigerbbs.com/c1089a1858cf641f8680d8015659c00d","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3583719339427406","idStr":"3583719339427406"},"themes":[],"htmlText":"Help to like and comment&nbsp;","listText":"Help to like and comment&nbsp;","text":"Help to like and comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":4,"repostSize":0,"link":"https://laohu8.com/post/863240002","repostId":"1166930950","repostType":4,"repost":{"id":"1166930950","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":1632397714,"share":"https://www.laohu8.com/m/news/1166930950?lang=zh_CN&edition=full","pubTime":"2021-09-23 19:48","market":"us","language":"en","title":"Toplines Before US Market Open on Thursday<blockquote>周四美国市场开盘前的营收</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1166930950","media":"Tiger Newspress","summary":"(Update: Sept 23, 2021 at 08:30 a.m. ET)\n\nU.S. weekly jobless claims total 351,000 topping 320,000 e","content":"<p><i><b>(Update: Sept 23, 2021 at 08:30 a.m. ET)</b></i></p><p><blockquote><i><b>（更新：美国东部时间2021年9月23日上午08:30）</b></i></blockquote></p><p>   <b>U.S. weekly jobless claims total 351,000 topping 320,000 estimate.</b>  (Sept 23)&nbsp;Stock futures extended gains Thursday morning as investors mulled the Federal Reserve's latest signals on monetary policy, which suggested the central bank was warming to a near-term policy adjustment as the economy improved further.</p><p><blockquote><b>美国每周申请失业救济人数总计351,000人，高于预期的320,000人。</b>（9月23日）股指期货周四上午扩大涨幅，投资者考虑美联储关于货币政策的最新信号，这些信号表明，随着经济进一步改善，美联储正在升温近期政策调整。</blockquote></p><p> At 07:50 a.m. ET, Dow e-minis were up 200 points, or 0.59%, S&amp;P 500 e-minis gained 24.75 points, or 0.56%, and <a href=\"https://laohu8.com/S/NDAQ\">Nasdaq</a> 100 e-minis jumped 82.25&nbsp;points, or 0.54%.</p><p><blockquote>截至美国东部时间上午07:50，道指e-minis上涨200点，涨幅0.59%，标普500 e-minis上涨24.75点，涨幅0.56%，<a href=\"https://laohu8.com/S/NDAQ\">纳斯达克</a>100辆e-mini上涨82.25点，涨幅0.54%。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/3fd2fbbbe6447512f50c10864b392c87\" tg-width=\"1242\" tg-height=\"507\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p> <b>Weekly jobless claims dataare due at 8:30 a.m. ET. Economists surveyed by The Wall Street Journal estimate that unemployment claims, a proxy for layoffs, declined to 320,000 in the week ended Sept. 18, from 332,000 the prior week.</b></p><p><blockquote><b>每周初请失业金数据将于美国东部时间上午8:30公布。《华尔街日报》调查的经济学家估计，截至9月18日当周，代表裁员的失业救济人数从前一周的33.2万人降至32万人。</b></blockquote></p><p> <b>Stocks making the biggest moves premarket:</b></p><p><blockquote><b>盘前涨幅最大的股票：</b></blockquote></p><p> <b>1)&nbsp;<a href=\"https://laohu8.com/S/DRI\">Darden Restaurants</a> </b>— The Olive Garden parent reported earnings of $1.76 per share, higher than the $1.64-per-share forecast. The restaurant company also reported same-store sales that rose 47.5%, topping estimates. Shares rose 3% in premarket trading.</p><p><blockquote><b>1) <a href=\"https://laohu8.com/S/DRI\">达顿餐厅</a></b>-Olive Garden母公司报告每股收益为1.76美元，高于每股1.64美元的预期。该餐饮公司还报告同店销售额增长47.5%，超出预期。股价在盘前交易中上涨3%。</blockquote></p><p> <b>2)&nbsp;<a href=\"https://laohu8.com/S/BB\">BlackBerry</a></b> — The company reported better-than-expected quarterly earnings, with an adjusted gross margin of 65%. <a href=\"https://laohu8.com/S/BB\">BlackBerry</a> reported a loss of 6 cents per share, compared with the expected loss of 7 cents per share, according to Refinitiv. Revenue came in at $175 million, topping estimates of $164 million. Shares rose more than 7% premarket.</p><p><blockquote><b>2) <a href=\"https://laohu8.com/S/BB\">黑莓</a></b>-公司公布季度盈利好于预期，调整后毛利率为65%。<a href=\"https://laohu8.com/S/BB\">黑莓</a>根据Refinitiv的数据，每股亏损6美分，而预期每股亏损7美分。收入为1.75亿美元，高于预期的1.64亿美元。盘前股价上涨超过7%。</blockquote></p><p> <b>3)&nbsp;<a href=\"https://laohu8.com/S/CRM\">Salesforce.com</a> </b> — The software company raised its full-year 2022 revenue guidance to between $26.25 billion and $26.35 billion. This is higher than the company’s previous estimate of revenue between $26.2 billion and $26.3 billion. Analysts expected $26.31 billion. Shares rose 2% in premarket trading.</p><p><blockquote><b>3) <a href=\"https://laohu8.com/S/CRM\">Salesforce.com</a></b>-该软件公司将2022年全年收入指引上调至262.5亿美元至263.5亿美元之间。这高于该公司此前预计的262亿美元至263亿美元的营收。分析师预期为263.1亿美元。股价在盘前交易中上涨2%。</blockquote></p><p> <b>4)&nbsp;<a href=\"https://laohu8.com/S/KBH\">KB Home</a></b> — Shares of the homebuilder rose in premarket trading despite missing top and bottom-line estimates. KB <a href=\"https://laohu8.com/S/HBCP\">Home</a> reported quarterly earnings of $1.60 on revenue of $1.47 billion. Wall Street expected earnings of $1.62 per share on revenue of $1.57 billion, according to Refinitiv.</p><p><blockquote><b>4) <a href=\"https://laohu8.com/S/KBH\">知识库主页</a></b>-尽管营收和利润未达到预期，但该住宅建筑商的股价在盘前交易中上涨。KB<a href=\"https://laohu8.com/S/HBCP\">家</a>报告季度收益为1.60美元，营收为14.7亿美元。根据Refinitiv的数据，华尔街预计每股收益为1.62美元，营收为15.7亿美元。</blockquote></p><p> <b>5)&nbsp;<a href=\"https://laohu8.com/S/JOBY\">Joby Aviation, Inc.</a> </b>— <a href=\"https://laohu8.com/S/MS\">Morgan Stanley</a> initiated coverage of the air taxi start-up with an overweight rating, saying in a note to clients on Thursday that investors should take a look at a stock with major potential upside. Shares of Joby Aviation popped more than 5% in extended trading.</p><p><blockquote><b>5) <a href=\"https://laohu8.com/S/JOBY\">乔比航空公司。</a></b>—<a href=\"https://laohu8.com/S/MS\">摩根士丹利</a>开始对这家具有跑赢大盘评级的空中出租车初创公司进行报道，并在周四给客户的一份报告中表示，投资者应该关注一只具有重大上涨潜力的股票。Joby Aviation的股价在盘后交易中上涨超过5%。</blockquote></p><p> <b>6)&nbsp;<a href=\"https://laohu8.com/S/BIIB\">Biogen</a></b> — The drugmaker’s stock rose in premarket trading after Needham&nbsp;initiated coverageof the stock with a buy rating, saying in a note to clients on Wednesday that the company’s&nbsp;controversial Alzheimer’s drug Aduhelm&nbsp;will be a big seller for the company long term.</p><p><blockquote><b>6) <a href=\"https://laohu8.com/S/BIIB\">Biogen</a></b>-Needham在周三给客户的一份报告中表示，从长远来看，该公司备受争议的阿尔茨海默氏症药物Aduhelm将成为该公司的大卖家，该制药商的股价在盘前交易中上涨。</blockquote></p><p> <b>7)&nbsp;<a href=\"https://laohu8.com/S/ROKU\">Roku Inc</a> </b> — Shares of the streaming company rose 2% in premarket trading after Guggenheim upgraded the stocks to buy from neutral. The Wall Street firm assigned Roku a 12-month price target of $395, implying a 22% <a href=\"https://laohu8.com/S/AONE.U\">one</a>-year return.</p><p><blockquote><b>7) <a href=\"https://laohu8.com/S/ROKU\">Roku公司</a></b>-古根海姆将该流媒体公司的股票评级从中性上调至买入后，该流媒体公司的股价在盘前交易中上涨2%。这家华尔街公司将Roku的12个月目标价定为395美元，意味着上涨22%<a href=\"https://laohu8.com/S/AONE.U\">一</a>-年度回报。</blockquote></p><p> <b>8)&nbsp;<a href=\"https://laohu8.com/S/SOFI\">SoFi Technologies Inc.</a></b>— Shares of the fintech company rose in premarket trading after gaining 11% during the regular session on Wednesday. Sofi is the 6th most-mentioned stock on Reddit’s WallStreetBets, according to quiver quant.</p><p><blockquote><b>8) <a href=\"https://laohu8.com/S/SOFI\">索菲技术公司。</a></b>-这家金融科技公司的股价在周三常规交易中上涨11%后，在盘前交易中上涨。根据quiver quant的数据，Sofi是Reddit WallStreetBets上提及次数第六多的股票。</blockquote></p><p> <b>9)&nbsp;<a href=\"https://laohu8.com/S/ACN\">Accenture PLC</a></b> — Accenture shares rose in extended trading after reporting better-than-expected earnings. The company also increased its dividend and buyback authorization.</p><p><blockquote><b>9) <a href=\"https://laohu8.com/S/ACN\">埃森哲公司</a></b>-埃森哲公布好于预期的盈利后，股价在盘后交易中上涨。该公司还增加了股息和回购授权。</blockquote></p><p> <b>In rates, </b>Treasuries were off session lows, with the 10Y trading a 1.34%, but remained under pressure in early U.S. session led by intermediate sectors,&nbsp;<b>where 5Y yield touched highest since July 2. Wednesday’s dramatic yield-curve flattening move unleashed by Fed communications continued, compressing 5s30s spread to 93.8bp, lowest since May 2020.</b>UK 10-year yield climbed 3.4bp to session high 0.833% following BOE rate decision (7-2 vote to keep bond-buying target unchanged); bunds outperformed slightly. Peripheral spreads tighten with long-end Italy outperforming.</p><p><blockquote><b>在费率方面，</b>美国国债脱离盘中低点，10年期国债交易价格为1.34%，但在美国早盘仍面临压力，<b>其中5年期收益率触及7月2日以来的最高水平。周三美联储通讯引发的收益率曲线大幅走平走势仍在继续，将5s30s利差压缩至93.8个基点，为2020年5月以来的最低水平。</b>英国央行利率决定（7-2投票维持债券购买目标不变）后，英国10年期国债收益率攀升3.4个基点至盘中高点0.833%；德国国债表现略好。外围利差收紧，意大利长端表现优于大盘。</blockquote></p><p> <b>In FX, </b>the Bloomberg Dollar Spot Index reversed an earlier gain and dropped 0.3% as the dollar weakened against all of its Group-of-10 peers apart from the yen amid a more positive sentiment. CAD, NOK and SEK are the strongest performers in G-10, JPY the laggard.</p><p><blockquote><b>在FX中，</b>彭博美元现货指数扭转了早些时候的涨幅，下跌0.3%，因美元兑除日元外的所有10国集团货币走软。加元、挪威克朗和瑞典克朗是G-10中表现最强的，日元落后。</blockquote></p><p></p><p> The euro and the pound briefly pared gains after weaker-than-forecast German and British PMIs. The pound rebounded from an eight-month low amid a return of global risk appetite as investors assessed whether the Bank of England will follow the Federal Reserve’s hawkish tone later Thursday. The yield differential between 10-year German and Italian debt narrowed to its tightest since April. Norway’s krone advanced after Norges Bank raised its policy rate in line with expectations and signaled a faster pace of tightening over the coming years. The franc whipsawed as the Swiss National Bank kept its policy rate and deposit rate at record lows, as expected, and reiterated its pledge to wage currency market interventions. The yen fell as a unit of China Evergrande said it had reached an agreement with bond holders over an interest payment, reducing demand for haven assets. Turkey’s lira slumped toa record low against the dollar after the central bank unexpectedly cut interest rates.</p><p><blockquote>在德国和英国PMI弱于预期后，欧元和英镑短暂回吐涨幅。由于投资者评估英国央行是否会在周四晚些时候追随美联储的鹰派基调，全球风险偏好回升，英镑从八个月低点反弹。德国和意大利10年期国债收益率差收窄至4月以来最窄。挪威央行根据预期上调政策利率并暗示未来几年将加快紧缩步伐后，挪威克朗上涨。由于瑞士央行如预期将政策利率和存款利率维持在创纪录低点，并重申其进行货币市场干预的承诺，瑞郎大幅下跌。日元下跌，因中国恒大旗下子公司表示已与债券持有人就利息支付达成协议，减少了对避险资产的需求。土耳其央行意外降息后，里拉兑美元汇率跌至历史新低。</blockquote></p><p> <b>In commodities, </b>crude futures drifted lower after a rangebound Asia session. WTI was 0.25% lower, trading near $72; Brent dips into the red, so far holding above $76. Spot gold adds $3.5, gentle reversing Asia’s losses to trade near $1,771/oz. Base metals are well bid with LME aluminum leading gains. Bitcoin steadied just below $44,000.</p><p><blockquote><b>在大宗商品中，</b>亚洲时段区间震荡后，原油期货走低。WTI下跌0.25%，交投于72美元附近；布伦特原油价格下跌，目前维持在76美元以上。现货黄金上涨3.5美元，温和扭转亚洲跌势，交易价格接近1771美元/盎司。基本金属报价良好，LME铝领涨。比特币稳定在略低于44,000美元。</blockquote></p><p> Looking at the day ahead, we get the weekly initial jobless claims, the Chicago Fed’s national activity index for August, and the Kansas City fed’s manufacturing activity index for September. From central banks, there’ll be a monetary policy decision from the Bank of England, while the ECB will be publishing their Economic Bulletin and the ECB’s Elderson will also speak. From emerging markets, there’ll also be monetary policy decisions from the Central Bank of Turkey and the South African Reserve Bank. Finally in Germany, there’s an election debate with the lead candidates from the Bundestag parties.</p><p><blockquote>展望未来一天，我们将获得每周首次申请失业救济人数、芝加哥联储8月份全国活动指数和堪萨斯城联储9月份制造业活动指数。央行方面，英格兰银行将做出货币政策决定，而欧洲央行将发布经济公报，欧洲央行行长埃尔德森也将发表讲话。在新兴市场，土耳其中央银行和南非储备银行也将做出货币政策决定。最后，在德国，联邦议院各党派的主要候选人将进行一场选举辩论。</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>Toplines Before US Market Open on Thursday<blockquote>周四美国市场开盘前的营收</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\">\nToplines Before US Market Open on Thursday<blockquote>周四美国市场开盘前的营收</blockquote>\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time smaller\">2021-09-23 19:48</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p><i><b>(Update: Sept 23, 2021 at 08:30 a.m. ET)</b></i></p><p><blockquote><i><b>（更新：美国东部时间2021年9月23日上午08:30）</b></i></blockquote></p><p>   <b>U.S. weekly jobless claims total 351,000 topping 320,000 estimate.</b>  (Sept 23)&nbsp;Stock futures extended gains Thursday morning as investors mulled the Federal Reserve's latest signals on monetary policy, which suggested the central bank was warming to a near-term policy adjustment as the economy improved further.</p><p><blockquote><b>美国每周申请失业救济人数总计351,000人，高于预期的320,000人。</b>（9月23日）股指期货周四上午扩大涨幅，投资者考虑美联储关于货币政策的最新信号，这些信号表明，随着经济进一步改善，美联储正在升温近期政策调整。</blockquote></p><p> At 07:50 a.m. ET, Dow e-minis were up 200 points, or 0.59%, S&amp;P 500 e-minis gained 24.75 points, or 0.56%, and <a href=\"https://laohu8.com/S/NDAQ\">Nasdaq</a> 100 e-minis jumped 82.25&nbsp;points, or 0.54%.</p><p><blockquote>截至美国东部时间上午07:50，道指e-minis上涨200点，涨幅0.59%，标普500 e-minis上涨24.75点，涨幅0.56%，<a href=\"https://laohu8.com/S/NDAQ\">纳斯达克</a>100辆e-mini上涨82.25点，涨幅0.54%。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/3fd2fbbbe6447512f50c10864b392c87\" tg-width=\"1242\" tg-height=\"507\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p> <b>Weekly jobless claims dataare due at 8:30 a.m. ET. Economists surveyed by The Wall Street Journal estimate that unemployment claims, a proxy for layoffs, declined to 320,000 in the week ended Sept. 18, from 332,000 the prior week.</b></p><p><blockquote><b>每周初请失业金数据将于美国东部时间上午8:30公布。《华尔街日报》调查的经济学家估计，截至9月18日当周，代表裁员的失业救济人数从前一周的33.2万人降至32万人。</b></blockquote></p><p> <b>Stocks making the biggest moves premarket:</b></p><p><blockquote><b>盘前涨幅最大的股票：</b></blockquote></p><p> <b>1)&nbsp;<a href=\"https://laohu8.com/S/DRI\">Darden Restaurants</a> </b>— The Olive Garden parent reported earnings of $1.76 per share, higher than the $1.64-per-share forecast. The restaurant company also reported same-store sales that rose 47.5%, topping estimates. Shares rose 3% in premarket trading.</p><p><blockquote><b>1) <a href=\"https://laohu8.com/S/DRI\">达顿餐厅</a></b>-Olive Garden母公司报告每股收益为1.76美元，高于每股1.64美元的预期。该餐饮公司还报告同店销售额增长47.5%，超出预期。股价在盘前交易中上涨3%。</blockquote></p><p> <b>2)&nbsp;<a href=\"https://laohu8.com/S/BB\">BlackBerry</a></b> — The company reported better-than-expected quarterly earnings, with an adjusted gross margin of 65%. <a href=\"https://laohu8.com/S/BB\">BlackBerry</a> reported a loss of 6 cents per share, compared with the expected loss of 7 cents per share, according to Refinitiv. Revenue came in at $175 million, topping estimates of $164 million. Shares rose more than 7% premarket.</p><p><blockquote><b>2) <a href=\"https://laohu8.com/S/BB\">黑莓</a></b>-公司公布季度盈利好于预期，调整后毛利率为65%。<a href=\"https://laohu8.com/S/BB\">黑莓</a>根据Refinitiv的数据，每股亏损6美分，而预期每股亏损7美分。收入为1.75亿美元，高于预期的1.64亿美元。盘前股价上涨超过7%。</blockquote></p><p> <b>3)&nbsp;<a href=\"https://laohu8.com/S/CRM\">Salesforce.com</a> </b> — The software company raised its full-year 2022 revenue guidance to between $26.25 billion and $26.35 billion. This is higher than the company’s previous estimate of revenue between $26.2 billion and $26.3 billion. Analysts expected $26.31 billion. Shares rose 2% in premarket trading.</p><p><blockquote><b>3) <a href=\"https://laohu8.com/S/CRM\">Salesforce.com</a></b>-该软件公司将2022年全年收入指引上调至262.5亿美元至263.5亿美元之间。这高于该公司此前预计的262亿美元至263亿美元的营收。分析师预期为263.1亿美元。股价在盘前交易中上涨2%。</blockquote></p><p> <b>4)&nbsp;<a href=\"https://laohu8.com/S/KBH\">KB Home</a></b> — Shares of the homebuilder rose in premarket trading despite missing top and bottom-line estimates. KB <a href=\"https://laohu8.com/S/HBCP\">Home</a> reported quarterly earnings of $1.60 on revenue of $1.47 billion. Wall Street expected earnings of $1.62 per share on revenue of $1.57 billion, according to Refinitiv.</p><p><blockquote><b>4) <a href=\"https://laohu8.com/S/KBH\">知识库主页</a></b>-尽管营收和利润未达到预期，但该住宅建筑商的股价在盘前交易中上涨。KB<a href=\"https://laohu8.com/S/HBCP\">家</a>报告季度收益为1.60美元，营收为14.7亿美元。根据Refinitiv的数据，华尔街预计每股收益为1.62美元，营收为15.7亿美元。</blockquote></p><p> <b>5)&nbsp;<a href=\"https://laohu8.com/S/JOBY\">Joby Aviation, Inc.</a> </b>— <a href=\"https://laohu8.com/S/MS\">Morgan Stanley</a> initiated coverage of the air taxi start-up with an overweight rating, saying in a note to clients on Thursday that investors should take a look at a stock with major potential upside. Shares of Joby Aviation popped more than 5% in extended trading.</p><p><blockquote><b>5) <a href=\"https://laohu8.com/S/JOBY\">乔比航空公司。</a></b>—<a href=\"https://laohu8.com/S/MS\">摩根士丹利</a>开始对这家具有跑赢大盘评级的空中出租车初创公司进行报道，并在周四给客户的一份报告中表示，投资者应该关注一只具有重大上涨潜力的股票。Joby Aviation的股价在盘后交易中上涨超过5%。</blockquote></p><p> <b>6)&nbsp;<a href=\"https://laohu8.com/S/BIIB\">Biogen</a></b> — The drugmaker’s stock rose in premarket trading after Needham&nbsp;initiated coverageof the stock with a buy rating, saying in a note to clients on Wednesday that the company’s&nbsp;controversial Alzheimer’s drug Aduhelm&nbsp;will be a big seller for the company long term.</p><p><blockquote><b>6) <a href=\"https://laohu8.com/S/BIIB\">Biogen</a></b>-Needham在周三给客户的一份报告中表示，从长远来看，该公司备受争议的阿尔茨海默氏症药物Aduhelm将成为该公司的大卖家，该制药商的股价在盘前交易中上涨。</blockquote></p><p> <b>7)&nbsp;<a href=\"https://laohu8.com/S/ROKU\">Roku Inc</a> </b> — Shares of the streaming company rose 2% in premarket trading after Guggenheim upgraded the stocks to buy from neutral. The Wall Street firm assigned Roku a 12-month price target of $395, implying a 22% <a href=\"https://laohu8.com/S/AONE.U\">one</a>-year return.</p><p><blockquote><b>7) <a href=\"https://laohu8.com/S/ROKU\">Roku公司</a></b>-古根海姆将该流媒体公司的股票评级从中性上调至买入后，该流媒体公司的股价在盘前交易中上涨2%。这家华尔街公司将Roku的12个月目标价定为395美元，意味着上涨22%<a href=\"https://laohu8.com/S/AONE.U\">一</a>-年度回报。</blockquote></p><p> <b>8)&nbsp;<a href=\"https://laohu8.com/S/SOFI\">SoFi Technologies Inc.</a></b>— Shares of the fintech company rose in premarket trading after gaining 11% during the regular session on Wednesday. Sofi is the 6th most-mentioned stock on Reddit’s WallStreetBets, according to quiver quant.</p><p><blockquote><b>8) <a href=\"https://laohu8.com/S/SOFI\">索菲技术公司。</a></b>-这家金融科技公司的股价在周三常规交易中上涨11%后，在盘前交易中上涨。根据quiver quant的数据，Sofi是Reddit WallStreetBets上提及次数第六多的股票。</blockquote></p><p> <b>9)&nbsp;<a href=\"https://laohu8.com/S/ACN\">Accenture PLC</a></b> — Accenture shares rose in extended trading after reporting better-than-expected earnings. The company also increased its dividend and buyback authorization.</p><p><blockquote><b>9) <a href=\"https://laohu8.com/S/ACN\">埃森哲公司</a></b>-埃森哲公布好于预期的盈利后，股价在盘后交易中上涨。该公司还增加了股息和回购授权。</blockquote></p><p> <b>In rates, </b>Treasuries were off session lows, with the 10Y trading a 1.34%, but remained under pressure in early U.S. session led by intermediate sectors,&nbsp;<b>where 5Y yield touched highest since July 2. Wednesday’s dramatic yield-curve flattening move unleashed by Fed communications continued, compressing 5s30s spread to 93.8bp, lowest since May 2020.</b>UK 10-year yield climbed 3.4bp to session high 0.833% following BOE rate decision (7-2 vote to keep bond-buying target unchanged); bunds outperformed slightly. Peripheral spreads tighten with long-end Italy outperforming.</p><p><blockquote><b>在费率方面，</b>美国国债脱离盘中低点，10年期国债交易价格为1.34%，但在美国早盘仍面临压力，<b>其中5年期收益率触及7月2日以来的最高水平。周三美联储通讯引发的收益率曲线大幅走平走势仍在继续，将5s30s利差压缩至93.8个基点，为2020年5月以来的最低水平。</b>英国央行利率决定（7-2投票维持债券购买目标不变）后，英国10年期国债收益率攀升3.4个基点至盘中高点0.833%；德国国债表现略好。外围利差收紧，意大利长端表现优于大盘。</blockquote></p><p> <b>In FX, </b>the Bloomberg Dollar Spot Index reversed an earlier gain and dropped 0.3% as the dollar weakened against all of its Group-of-10 peers apart from the yen amid a more positive sentiment. CAD, NOK and SEK are the strongest performers in G-10, JPY the laggard.</p><p><blockquote><b>在FX中，</b>彭博美元现货指数扭转了早些时候的涨幅，下跌0.3%，因美元兑除日元外的所有10国集团货币走软。加元、挪威克朗和瑞典克朗是G-10中表现最强的，日元落后。</blockquote></p><p></p><p> The euro and the pound briefly pared gains after weaker-than-forecast German and British PMIs. The pound rebounded from an eight-month low amid a return of global risk appetite as investors assessed whether the Bank of England will follow the Federal Reserve’s hawkish tone later Thursday. The yield differential between 10-year German and Italian debt narrowed to its tightest since April. Norway’s krone advanced after Norges Bank raised its policy rate in line with expectations and signaled a faster pace of tightening over the coming years. The franc whipsawed as the Swiss National Bank kept its policy rate and deposit rate at record lows, as expected, and reiterated its pledge to wage currency market interventions. The yen fell as a unit of China Evergrande said it had reached an agreement with bond holders over an interest payment, reducing demand for haven assets. Turkey’s lira slumped toa record low against the dollar after the central bank unexpectedly cut interest rates.</p><p><blockquote>在德国和英国PMI弱于预期后，欧元和英镑短暂回吐涨幅。由于投资者评估英国央行是否会在周四晚些时候追随美联储的鹰派基调，全球风险偏好回升，英镑从八个月低点反弹。德国和意大利10年期国债收益率差收窄至4月以来最窄。挪威央行根据预期上调政策利率并暗示未来几年将加快紧缩步伐后，挪威克朗上涨。由于瑞士央行如预期将政策利率和存款利率维持在创纪录低点，并重申其进行货币市场干预的承诺，瑞郎大幅下跌。日元下跌，因中国恒大旗下子公司表示已与债券持有人就利息支付达成协议，减少了对避险资产的需求。土耳其央行意外降息后，里拉兑美元汇率跌至历史新低。</blockquote></p><p> <b>In commodities, </b>crude futures drifted lower after a rangebound Asia session. WTI was 0.25% lower, trading near $72; Brent dips into the red, so far holding above $76. Spot gold adds $3.5, gentle reversing Asia’s losses to trade near $1,771/oz. Base metals are well bid with LME aluminum leading gains. Bitcoin steadied just below $44,000.</p><p><blockquote><b>在大宗商品中，</b>亚洲时段区间震荡后，原油期货走低。WTI下跌0.25%，交投于72美元附近；布伦特原油价格下跌，目前维持在76美元以上。现货黄金上涨3.5美元，温和扭转亚洲跌势，交易价格接近1771美元/盎司。基本金属报价良好，LME铝领涨。比特币稳定在略低于44,000美元。</blockquote></p><p> Looking at the day ahead, we get the weekly initial jobless claims, the Chicago Fed’s national activity index for August, and the Kansas City fed’s manufacturing activity index for September. From central banks, there’ll be a monetary policy decision from the Bank of England, while the ECB will be publishing their Economic Bulletin and the ECB’s Elderson will also speak. From emerging markets, there’ll also be monetary policy decisions from the Central Bank of Turkey and the South African Reserve Bank. Finally in Germany, there’s an election debate with the lead candidates from the Bundestag parties.</p><p><blockquote>展望未来一天，我们将获得每周首次申请失业救济人数、芝加哥联储8月份全国活动指数和堪萨斯城联储9月份制造业活动指数。央行方面，英格兰银行将做出货币政策决定，而欧洲央行将发布经济公报，欧洲央行行长埃尔德森也将发表讲话。在新兴市场，土耳其中央银行和南非储备银行也将做出货币政策决定。最后，在德国，联邦议院各党派的主要候选人将进行一场选举辩论。</blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index",".DJI":"道琼斯","SPY":"标普500ETF"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1166930950","content_text":"(Update: Sept 23, 2021 at 08:30 a.m. ET)\n\nU.S. weekly jobless claims total 351,000 topping 320,000 estimate.\n\n(Sept 23) Stock futures extended gains Thursday morning as investors mulled the Federal Reserve's latest signals on monetary policy, which suggested the central bank was warming to a near-term policy adjustment as the economy improved further.\nAt 07:50 a.m. ET, Dow e-minis were up 200 points, or 0.59%, S&P 500 e-minis gained 24.75 points, or 0.56%, and Nasdaq 100 e-minis jumped 82.25 points, or 0.54%.\n\nWeekly jobless claims dataare due at 8:30 a.m. ET. Economists surveyed by The Wall Street Journal estimate that unemployment claims, a proxy for layoffs, declined to 320,000 in the week ended Sept. 18, from 332,000 the prior week.\nStocks making the biggest moves premarket:\n1) Darden Restaurants — The Olive Garden parent reported earnings of $1.76 per share, higher than the $1.64-per-share forecast. The restaurant company also reported same-store sales that rose 47.5%, topping estimates. Shares rose 3% in premarket trading.\n2) BlackBerry — The company reported better-than-expected quarterly earnings, with an adjusted gross margin of 65%. BlackBerry reported a loss of 6 cents per share, compared with the expected loss of 7 cents per share, according to Refinitiv. Revenue came in at $175 million, topping estimates of $164 million. Shares rose more than 7% premarket.\n3) Salesforce.com  — The software company raised its full-year 2022 revenue guidance to between $26.25 billion and $26.35 billion. This is higher than the company’s previous estimate of revenue between $26.2 billion and $26.3 billion. Analysts expected $26.31 billion. Shares rose 2% in premarket trading.\n4) KB Home — Shares of the homebuilder rose in premarket trading despite missing top and bottom-line estimates. KB Home reported quarterly earnings of $1.60 on revenue of $1.47 billion. Wall Street expected earnings of $1.62 per share on revenue of $1.57 billion, according to Refinitiv.\n5) Joby Aviation, Inc. — Morgan Stanley initiated coverage of the air taxi start-up with an overweight rating, saying in a note to clients on Thursday that investors should take a look at a stock with major potential upside. Shares of Joby Aviation popped more than 5% in extended trading.\n6) Biogen — The drugmaker’s stock rose in premarket trading after Needham initiated coverageof the stock with a buy rating, saying in a note to clients on Wednesday that the company’s controversial Alzheimer’s drug Aduhelm will be a big seller for the company long term.\n7) Roku Inc  — Shares of the streaming company rose 2% in premarket trading after Guggenheim upgraded the stocks to buy from neutral. The Wall Street firm assigned Roku a 12-month price target of $395, implying a 22% one-year return.\n8) SoFi Technologies Inc.— Shares of the fintech company rose in premarket trading after gaining 11% during the regular session on Wednesday. Sofi is the 6th most-mentioned stock on Reddit’s WallStreetBets, according to quiver quant.\n9) Accenture PLC — Accenture shares rose in extended trading after reporting better-than-expected earnings. The company also increased its dividend and buyback authorization.\nIn rates, Treasuries were off session lows, with the 10Y trading a 1.34%, but remained under pressure in early U.S. session led by intermediate sectors, where 5Y yield touched highest since July 2. Wednesday’s dramatic yield-curve flattening move unleashed by Fed communications continued, compressing 5s30s spread to 93.8bp, lowest since May 2020.UK 10-year yield climbed 3.4bp to session high 0.833% following BOE rate decision (7-2 vote to keep bond-buying target unchanged); bunds outperformed slightly. Peripheral spreads tighten with long-end Italy outperforming.\nIn FX, the Bloomberg Dollar Spot Index reversed an earlier gain and dropped 0.3% as the dollar weakened against all of its Group-of-10 peers apart from the yen amid a more positive sentiment. CAD, NOK and SEK are the strongest performers in G-10, JPY the laggard.\nThe euro and the pound briefly pared gains after weaker-than-forecast German and British PMIs. The pound rebounded from an eight-month low amid a return of global risk appetite as investors assessed whether the Bank of England will follow the Federal Reserve’s hawkish tone later Thursday. The yield differential between 10-year German and Italian debt narrowed to its tightest since April. Norway’s krone advanced after Norges Bank raised its policy rate in line with expectations and signaled a faster pace of tightening over the coming years. The franc whipsawed as the Swiss National Bank kept its policy rate and deposit rate at record lows, as expected, and reiterated its pledge to wage currency market interventions. The yen fell as a unit of China Evergrande said it had reached an agreement with bond holders over an interest payment, reducing demand for haven assets. Turkey’s lira slumped toa record low against the dollar after the central bank unexpectedly cut interest rates.\nIn commodities, crude futures drifted lower after a rangebound Asia session. WTI was 0.25% lower, trading near $72; Brent dips into the red, so far holding above $76. Spot gold adds $3.5, gentle reversing Asia’s losses to trade near $1,771/oz. Base metals are well bid with LME aluminum leading gains. Bitcoin steadied just below $44,000.\nLooking at the day ahead, we get the weekly initial jobless claims, the Chicago Fed’s national activity index for August, and the Kansas City fed’s manufacturing activity index for September. From central banks, there’ll be a monetary policy decision from the Bank of England, while the ECB will be publishing their Economic Bulletin and the ECB’s Elderson will also speak. From emerging markets, there’ll also be monetary policy decisions from the Central Bank of Turkey and the South African Reserve Bank. Finally in Germany, there’s an election debate with the lead candidates from the Bundestag parties.","news_type":1,"symbols_score_info":{".DJI":0.9,"SPY":0.9,".SPX":0.9,".IXIC":0.9}},"isVote":1,"tweetType":1,"viewCount":254,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":875580847,"gmtCreate":1637669081679,"gmtModify":1637669081781,"author":{"id":"3583719339427406","authorId":"3583719339427406","name":"Robinshk","avatar":"https://static.tigerbbs.com/c1089a1858cf641f8680d8015659c00d","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3583719339427406","idStr":"3583719339427406"},"themes":[],"htmlText":"Like pls","listText":"Like pls","text":"Like pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/875580847","repostId":"1165466420","repostType":4,"repost":{"id":"1165466420","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":1637668030,"share":"https://www.laohu8.com/m/news/1165466420?lang=zh_CN&edition=full","pubTime":"2021-11-23 19:47","market":"us","language":"en","title":"Tesla shares gained in premarket trading as the company had a backlog of over 1.2 million Cybertruck reservations worth over $80 billion<blockquote>特斯拉股价在盘前交易中上涨，因为该公司积压了超过120万辆Cybertruck预订，价值超过800亿美元</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1165466420","media":"Tiger Newspress","summary":"Tesla shares gained in premarket trading as the company had a backlog of over 1.2 million Cybertruck reservations worth over $80 billion.Based on the latest tally, Tesla has a backlog of over 1.2 million Cybertruck reservations worth over $80 billion.But there’s still no production in sight.Tesla unveiled the Cybertruck almost two years ago to the day.The electric pickup truck was supposed to be in production already, but the automaker delayed the program as it focused on growing Model Y product","content":"<p>Tesla&nbsp;shares&nbsp;gained&nbsp;in&nbsp;premarket&nbsp;trading&nbsp;as&nbsp;the&nbsp;company&nbsp;had a backlog of over 1.2 million Cybertruck reservations worth over $80 billion.&nbsp;</p><p><blockquote>特斯拉股价在盘前交易中上涨，因为该公司积压了超过120万辆Cybertruck预订，价值超过800亿美元。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/1e7342df0ead872b935b3a529400724e\" tg-width=\"879\" tg-height=\"642\" width=\"100%\" height=\"auto\"></p><p><blockquote></blockquote></p><p> Based on the latest tally, Tesla has a backlog of over 1.2 million Cybertruck reservations worth over $80 billion.</p><p><blockquote>根据最新统计，特斯拉积压了超过120万辆Cybertruck预订，价值超过800亿美元。</blockquote></p><p> But there’s still no production in sight.</p><p><blockquote>但是仍然看不到生产的迹象。</blockquote></p><p> Tesla unveiled the Cybertruck almost two years ago to the day.</p><p><blockquote>大约两年前的今天，特斯拉推出了Cybertruck。</blockquote></p><p> The electric pickup truck was supposed to be in production already, but the automaker delayed the program as it focused on growing Model Y production.</p><p><blockquote>这款电动皮卡本应已经投入生产，但该汽车制造商推迟了该计划，因为它专注于增加Model Y的产量。</blockquote></p><p> Tesla’s best estimate now puts the start of Cybertruck production in late 2022.</p><p><blockquote>特斯拉目前的最佳估计是Cybertruck将于2022年底开始生产。</blockquote></p><p> In the meantime, Tesla is still taking reservations for the electric pickup truck.</p><p><blockquote>与此同时，特斯拉仍在接受电动皮卡的预订。</blockquote></p><p> The Cybertruck reservation program has been quite successful.</p><p><blockquote>Cybertruck预订计划相当成功。</blockquote></p><p> CEO Elon Musk announced that&nbsp;Tesla received over 250,000 reservations for the Cybertruck&nbsp;within a week of unveiling the vehicle.</p><p><blockquote>首席执行官Elon Musk宣布，特斯拉在推出Cybertruck的一周内就收到了超过25万份预订。</blockquote></p><p> Generally, Tesla receives a lot of reservations early after an unveiling, and then it tapers off — but that wasn’t the case with the Cybertruck.</p><p><blockquote>一般来说，特斯拉在发布后很早就会收到很多预订，然后就会逐渐减少——但Cybertruck的情况并非如此。</blockquote></p><p> Even throughout the pandemic, sources told us that some&nbsp;Tesla stores were getting hundreds of Cybertruck reservations per week, and&nbsp;Cybertruck pre-orders even helped boost sales.</p><p><blockquote>即使在整个大流行期间，消息人士告诉我们，一些特斯拉商店每周都会收到数百辆Cybertruck预订，Cybertruck预订甚至有助于提高销量。</blockquote></p><p> The number was last updated in June 2020, and at that point,&nbsp;the number had risen to over 650,000 Cybertruck reservations.</p><p><blockquote>该数字最后一次更新是在2020年6月，当时Cybertruck预订量已升至超过65万辆。</blockquote></p><p> A crowdsourced Cybertruck reservation tally&nbsp;by the Cybertruck forum with over 28,000 entries put&nbsp;reservations at over 1 million&nbsp;back in May 2021.</p><p><blockquote>Cybertruck论坛的众包Cybertruck预订记录超过28,000个条目，2021年5月预订量超过100万。</blockquote></p><p> Now the tally estimates that Tesla has over 1,270,000 reservations for the electric pickup truck.</p><p><blockquote>目前，据统计，特斯拉电动皮卡的预订量已超过1,270,000辆。</blockquote></p><p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Tesla shares gained in premarket trading as the company had a backlog of over 1.2 million Cybertruck reservations worth over $80 billion<blockquote>特斯拉股价在盘前交易中上涨，因为该公司积压了超过120万辆Cybertruck预订，价值超过800亿美元</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTesla shares gained in premarket trading as the company had a backlog of over 1.2 million Cybertruck reservations worth over $80 billion<blockquote>特斯拉股价在盘前交易中上涨，因为该公司积压了超过120万辆Cybertruck预订，价值超过800亿美元</blockquote>\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time smaller\">2021-11-23 19:47</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>Tesla&nbsp;shares&nbsp;gained&nbsp;in&nbsp;premarket&nbsp;trading&nbsp;as&nbsp;the&nbsp;company&nbsp;had a backlog of over 1.2 million Cybertruck reservations worth over $80 billion.&nbsp;</p><p><blockquote>特斯拉股价在盘前交易中上涨，因为该公司积压了超过120万辆Cybertruck预订，价值超过800亿美元。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/1e7342df0ead872b935b3a529400724e\" tg-width=\"879\" tg-height=\"642\" width=\"100%\" height=\"auto\"></p><p><blockquote></blockquote></p><p> Based on the latest tally, Tesla has a backlog of over 1.2 million Cybertruck reservations worth over $80 billion.</p><p><blockquote>根据最新统计，特斯拉积压了超过120万辆Cybertruck预订，价值超过800亿美元。</blockquote></p><p> But there’s still no production in sight.</p><p><blockquote>但是仍然看不到生产的迹象。</blockquote></p><p> Tesla unveiled the Cybertruck almost two years ago to the day.</p><p><blockquote>大约两年前的今天，特斯拉推出了Cybertruck。</blockquote></p><p> The electric pickup truck was supposed to be in production already, but the automaker delayed the program as it focused on growing Model Y production.</p><p><blockquote>这款电动皮卡本应已经投入生产，但该汽车制造商推迟了该计划，因为它专注于增加Model Y的产量。</blockquote></p><p> Tesla’s best estimate now puts the start of Cybertruck production in late 2022.</p><p><blockquote>特斯拉目前的最佳估计是Cybertruck将于2022年底开始生产。</blockquote></p><p> In the meantime, Tesla is still taking reservations for the electric pickup truck.</p><p><blockquote>与此同时，特斯拉仍在接受电动皮卡的预订。</blockquote></p><p> The Cybertruck reservation program has been quite successful.</p><p><blockquote>Cybertruck预订计划相当成功。</blockquote></p><p> CEO Elon Musk announced that&nbsp;Tesla received over 250,000 reservations for the Cybertruck&nbsp;within a week of unveiling the vehicle.</p><p><blockquote>首席执行官Elon Musk宣布，特斯拉在推出Cybertruck的一周内就收到了超过25万份预订。</blockquote></p><p> Generally, Tesla receives a lot of reservations early after an unveiling, and then it tapers off — but that wasn’t the case with the Cybertruck.</p><p><blockquote>一般来说，特斯拉在发布后很早就会收到很多预订，然后就会逐渐减少——但Cybertruck的情况并非如此。</blockquote></p><p> Even throughout the pandemic, sources told us that some&nbsp;Tesla stores were getting hundreds of Cybertruck reservations per week, and&nbsp;Cybertruck pre-orders even helped boost sales.</p><p><blockquote>即使在整个大流行期间，消息人士告诉我们，一些特斯拉商店每周都会收到数百辆Cybertruck预订，Cybertruck预订甚至有助于提高销量。</blockquote></p><p> The number was last updated in June 2020, and at that point,&nbsp;the number had risen to over 650,000 Cybertruck reservations.</p><p><blockquote>该数字最后一次更新是在2020年6月，当时Cybertruck预订量已升至超过65万辆。</blockquote></p><p> A crowdsourced Cybertruck reservation tally&nbsp;by the Cybertruck forum with over 28,000 entries put&nbsp;reservations at over 1 million&nbsp;back in May 2021.</p><p><blockquote>Cybertruck论坛的众包Cybertruck预订记录超过28,000个条目，2021年5月预订量超过100万。</blockquote></p><p> Now the tally estimates that Tesla has over 1,270,000 reservations for the electric pickup truck.</p><p><blockquote>目前，据统计，特斯拉电动皮卡的预订量已超过1,270,000辆。</blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1165466420","content_text":"Tesla shares gained in premarket trading as the company had a backlog of over 1.2 million Cybertruck reservations worth over $80 billion. \n\nBased on the latest tally, Tesla has a backlog of over 1.2 million Cybertruck reservations worth over $80 billion.\nBut there’s still no production in sight.\nTesla unveiled the Cybertruck almost two years ago to the day.\nThe electric pickup truck was supposed to be in production already, but the automaker delayed the program as it focused on growing Model Y production.\nTesla’s best estimate now puts the start of Cybertruck production in late 2022.\nIn the meantime, Tesla is still taking reservations for the electric pickup truck.\nThe Cybertruck reservation program has been quite successful.\nCEO Elon Musk announced that Tesla received over 250,000 reservations for the Cybertruck within a week of unveiling the vehicle.\nGenerally, Tesla receives a lot of reservations early after an unveiling, and then it tapers off — but that wasn’t the case with the Cybertruck.\nEven throughout the pandemic, sources told us that some Tesla stores were getting hundreds of Cybertruck reservations per week, and Cybertruck pre-orders even helped boost sales.\nThe number was last updated in June 2020, and at that point, the number had risen to over 650,000 Cybertruck reservations.\nA crowdsourced Cybertruck reservation tally by the Cybertruck forum with over 28,000 entries put reservations at over 1 million back in May 2021.\nNow the tally estimates that Tesla has over 1,270,000 reservations for the electric pickup truck.","news_type":1,"symbols_score_info":{"TSLA":0.9}},"isVote":1,"tweetType":1,"viewCount":3134,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":876094829,"gmtCreate":1637241967317,"gmtModify":1637241967426,"author":{"id":"3583719339427406","authorId":"3583719339427406","name":"Robinshk","avatar":"https://static.tigerbbs.com/c1089a1858cf641f8680d8015659c00d","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3583719339427406","idStr":"3583719339427406"},"themes":[],"htmlText":"Like pls","listText":"Like pls","text":"Like pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":10,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/876094829","repostId":"1133708327","repostType":4,"repost":{"id":"1133708327","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":1637234916,"share":"https://www.laohu8.com/m/news/1133708327?lang=zh_CN&edition=full","pubTime":"2021-11-18 19:28","market":"us","language":"en","title":"Alibaba slid nearly 3% in premarket trading as it missed quarterly revenue expectations<blockquote>阿里巴巴-SW盘前交易下跌近3%，因季度营收未达预期</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1133708327","media":"Tiger Newspress","summary":"Alibaba slid nearly 3% in premarket trading after posting its financial report.The company today ann","content":"<p>Alibaba slid nearly 3% in premarket trading after posting its financial report.<img src=\"https://static.tigerbbs.com/bb8e39181e945f890528b0e2f1c00b82\" tg-width=\"777\" tg-height=\"569\" referrerpolicy=\"no-referrer\">The&nbsp;company&nbsp;today announced its financial results for the quarter ended September 30, 2021.</p><p><blockquote>阿里巴巴-SW发布财务报告后，盘前交易中下跌近3%。该公司今天公布了截至2021年9月30日的季度财务业绩。</blockquote></p><p> “This quarter, Alibaba continued to firmly invest into our three strategic pillars of domestic consumption, globalization, and cloud computing to establish solid foundations for our long-term goal of sustainable growth in the future,”&nbsp;said Daniel Zhang, Chairman and Chief Executive Officer of Alibaba Group.&nbsp;“Our global annual active consumers across the Alibaba Ecosystem reached approximately 1.24 billion, with a quarterly net increase of 62 million consumers, and we are on track to achieve our longer-term target of serving two billion consumers globally.”</p><p><blockquote>“本季度，阿里巴巴-SW继续坚定投资于我们的国内消费、全球化和云计算三大战略支柱，为我们未来可持续增长的长期目标奠定坚实基础，”阿里巴巴-SW集团董事长兼首席执行官张勇表示，“我们在阿里巴巴-SW生态系统中的全球年度活跃消费者达到约12.4亿，季度净增6200万消费者，我们有望实现在全球服务20亿消费者的长期目标。”</blockquote></p><p> “We recorded revenue growth of 29% year-over-year, driven by performance of our diversified businesses,” said Maggie Wu, Chief Financial Officer of Alibaba Group. “During this quarter, our continued investments in key strategic areas have resulted in robust growth for these young businesses.”</p><p><blockquote>阿里巴巴-SW集团首席财务官Maggie Wu表示：“在多元化业务业绩的推动下，我们的收入同比增长了29%。”“本季度，我们在关键战略领域的持续投资为这些年轻企业带来了强劲增长。”</blockquote></p><p> <b>BUSINESS HIGHLIGHTS</b></p><p><blockquote><b>业务亮点</b></blockquote></p><p> <b>In the quarter ended September 30, 2021:</b></p><p><blockquote><b>截至2021年9月30日的季度：</b></blockquote></p><p> <ul>  <li><b>Revenue</b>&nbsp;was RMB200,690 million (US$31,147 million), an increase of 29% year-over-year. Excluding the consolidation of Sun Art, our revenue would have grown 16% year-over-year to RMB180,438 million (US$28,004 million). Aggregate revenue of our international commerce retail and international commerce wholesale was RMB15,092 million (US$2,342 million), an increase of 34% year-over-year. Our cloud computing revenue was RMB20,007 million (US$3,105 million), an increase of 33% year-over-year.</li>  <li><b>Annual active consumers</b>(“AACs”) of the Alibaba Ecosystem across the world reached approximately 1.24 billion for the twelve months ended September 30, 2021, an increase of approximately 62 million from the twelve months ended June 30, 2021. This includes 953 million consumers in China and 285 million consumers overseas, representing a quarterly net increase of 41 million and 20 million, respectively.</li>  <li><b>Income</b>&nbsp;<b>from operations</b>&nbsp;was RMB15,006 million (US$2,329 million), an increase of 10% year-over-year due to a RMB15,690 million decrease in share-based compensation expense related to Ant Group share-based awards granted to our employees. We excluded share-based compensation expense from our non-GAAP measurements.<b>Adjusted EBITDA</b>, a non-GAAP measurement, decreased 27% year-over-year to RMB34,840 million (US$5,407 million).<b>Adjusted EBITA</b>, a non-GAAP measurement, decreased 32% year-over-year to RMB28,033 million (US$4,351 million). The year-over-year decreases were primarily due to our increased investments in key strategic areas that have exhibited robust growth in operations, as well as our support to merchants. These investments in key strategic areas within our commerce segment, such as Taobao Deals, Local Consumer Services, Community Marketplaces and Lazada, increased by RMB12,575 million year-over-year. Excluding the impact of these investments, profits of our commerce segment would have remained stable year-over-year.</li>  <li><b>Net income attributable to ordinary shareholders</b>&nbsp;was RMB5,367 million (US$833 million)and<b>net income</b>was RMB3,377 million (US$524 million).<b>Non-GAAP net income</b>was RMB28,524 million (US$4,427 million), a decrease of 39% year-over-year.</li>  <li><b>Diluted earnings per ADS</b>&nbsp;was RMB1.97 (US$0.31) and<b>diluted earnings per share</b>was RMB0.25 (US$0.04 or HK$0.30).<b>Non-GAAP diluted earnings per ADS</b>was RMB11.20 (US$1.74), a decrease of 38% year-over-year and<b>non-GAAP diluted earnings per share</b>was RMB1.40 (US$0.22 or HK$1.68), a decrease of 38% year-over-year.</li>  <li><b>Net cash provided by operating activities</b>&nbsp;was RMB35,830 million (US$5,561 million).<b>Non-GAAP free cash flow</b>was RMB22,239 million (US$3,451 million), a decrease compared to RMB40,540 million in the same quarter of 2020, mainly due to a decrease in profit as a result of our increased investments in key strategic areas.</li> </ul> Reconciliations of GAAP measures to non-GAAP measures presented above are included at the end of this results announcement.</p><p><blockquote><ul><li><b>收入</b>为人民币2006.9亿元（311.47亿美元），同比增长29%。如果不包括合并高鑫，我们的收入将同比增长16%至人民币1,804.38亿元（280.04亿美元）。我们的国际商务零售和国际商务批发总收入为人民币150.92亿元（23.42亿美元），同比增长34%。我们的云计算收入为人民币200.07亿元（31.05亿美元），同比增长33%。</li><li><b>年度活跃消费者</b>截至2021年9月30日止十二个月，全球阿里巴巴-SW生态系统（“AACs”）的用户数达到约12.4亿，较截至2021年6月30日止十二个月增加约6200万。其中包括9.53亿中国消费者和2.85亿海外消费者，季度净增分别为4100万和2000万。</li><li><b>收入</b> <b>来自运营</b>为人民币150.06亿元（23.29亿美元），同比增长10%，原因是与授予员工的蚂蚁集团股权奖励相关的股权激励费用减少人民币156.90亿元。我们从非公认会计准则衡量中排除了基于股份的薪酬费用。<b>调整后EBITDA</b>根据非公认会计准则衡量，同比下降27%至人民币348.4亿元（54.07亿美元）。<b>调整后EBITA</b>根据非公认会计准则衡量，同比下降32%至人民币280.33亿元（43.51亿美元）。同比下降主要是由于我们增加了对运营强劲增长的关键战略领域的投资，以及我们对商家的支持。在淘宝交易、本地消费服务、社区市场和Lazada等商业板块关键战略领域的投资同比增加人民币125.75亿元。排除这些投资的影响，我们商业部门的利润将同比保持稳定。</li><li><b>归属于普通股股东的净利润</b>为人民币53.67亿元（8.33亿美元）及<b>净收入</b>为人民币33.77亿元（5.24亿美元）。<b>非公认会计准则净利润</b>为人民币285.24亿元（44.27亿美元），同比下降39%。</li><li><b>每股美国存托凭证摊薄收益</b>为人民币1.97元（0.31美元）<b>每股摊薄盈利</b>为人民币0.25元（0.04美元或0.30港元）。<b>非公认会计准则每股美国存托凭证摊薄收益</b>为人民币11.20元（1.74美元），同比下降38%<b>非公认会计准则稀释每股收益</b>为人民币1.40元（0.22美元或1.68港元），同比下降38%。</li><li><b>经营活动提供的现金净额</b>为人民币358.3亿元（55.61亿美元）。<b>非公认会计准则自由现金流</b>为人民币222.39亿元（34.51亿美元），较2020年同季度的人民币405.40亿元有所下降，主要是由于我们增加对关键战略领域的投资导致利润下降。</li></ul>上述GAAP指标与非GAAP指标的调节表包含在本业绩公告的末尾。</blockquote></p><p> <b>Guidance</b></p><p><blockquote><b>指导</b></blockquote></p><p> The&nbsp;company expected its fiscal year 2022 revenue to grow 20% to 23% year-over-year.</p><p><blockquote>该公司预计2022财年营收同比增长20%至23%。</blockquote></p><p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Alibaba slid nearly 3% in premarket trading as it missed quarterly revenue expectations<blockquote>阿里巴巴-SW盘前交易下跌近3%，因季度营收未达预期</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAlibaba slid nearly 3% in premarket trading as it missed quarterly revenue expectations<blockquote>阿里巴巴-SW盘前交易下跌近3%，因季度营收未达预期</blockquote>\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time smaller\">2021-11-18 19:28</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>Alibaba slid nearly 3% in premarket trading after posting its financial report.<img src=\"https://static.tigerbbs.com/bb8e39181e945f890528b0e2f1c00b82\" tg-width=\"777\" tg-height=\"569\" referrerpolicy=\"no-referrer\">The&nbsp;company&nbsp;today announced its financial results for the quarter ended September 30, 2021.</p><p><blockquote>阿里巴巴-SW发布财务报告后，盘前交易中下跌近3%。该公司今天公布了截至2021年9月30日的季度财务业绩。</blockquote></p><p> “This quarter, Alibaba continued to firmly invest into our three strategic pillars of domestic consumption, globalization, and cloud computing to establish solid foundations for our long-term goal of sustainable growth in the future,”&nbsp;said Daniel Zhang, Chairman and Chief Executive Officer of Alibaba Group.&nbsp;“Our global annual active consumers across the Alibaba Ecosystem reached approximately 1.24 billion, with a quarterly net increase of 62 million consumers, and we are on track to achieve our longer-term target of serving two billion consumers globally.”</p><p><blockquote>“本季度，阿里巴巴-SW继续坚定投资于我们的国内消费、全球化和云计算三大战略支柱，为我们未来可持续增长的长期目标奠定坚实基础，”阿里巴巴-SW集团董事长兼首席执行官张勇表示，“我们在阿里巴巴-SW生态系统中的全球年度活跃消费者达到约12.4亿，季度净增6200万消费者，我们有望实现在全球服务20亿消费者的长期目标。”</blockquote></p><p> “We recorded revenue growth of 29% year-over-year, driven by performance of our diversified businesses,” said Maggie Wu, Chief Financial Officer of Alibaba Group. “During this quarter, our continued investments in key strategic areas have resulted in robust growth for these young businesses.”</p><p><blockquote>阿里巴巴-SW集团首席财务官Maggie Wu表示：“在多元化业务业绩的推动下，我们的收入同比增长了29%。”“本季度，我们在关键战略领域的持续投资为这些年轻企业带来了强劲增长。”</blockquote></p><p> <b>BUSINESS HIGHLIGHTS</b></p><p><blockquote><b>业务亮点</b></blockquote></p><p> <b>In the quarter ended September 30, 2021:</b></p><p><blockquote><b>截至2021年9月30日的季度：</b></blockquote></p><p> <ul>  <li><b>Revenue</b>&nbsp;was RMB200,690 million (US$31,147 million), an increase of 29% year-over-year. Excluding the consolidation of Sun Art, our revenue would have grown 16% year-over-year to RMB180,438 million (US$28,004 million). Aggregate revenue of our international commerce retail and international commerce wholesale was RMB15,092 million (US$2,342 million), an increase of 34% year-over-year. Our cloud computing revenue was RMB20,007 million (US$3,105 million), an increase of 33% year-over-year.</li>  <li><b>Annual active consumers</b>(“AACs”) of the Alibaba Ecosystem across the world reached approximately 1.24 billion for the twelve months ended September 30, 2021, an increase of approximately 62 million from the twelve months ended June 30, 2021. This includes 953 million consumers in China and 285 million consumers overseas, representing a quarterly net increase of 41 million and 20 million, respectively.</li>  <li><b>Income</b>&nbsp;<b>from operations</b>&nbsp;was RMB15,006 million (US$2,329 million), an increase of 10% year-over-year due to a RMB15,690 million decrease in share-based compensation expense related to Ant Group share-based awards granted to our employees. We excluded share-based compensation expense from our non-GAAP measurements.<b>Adjusted EBITDA</b>, a non-GAAP measurement, decreased 27% year-over-year to RMB34,840 million (US$5,407 million).<b>Adjusted EBITA</b>, a non-GAAP measurement, decreased 32% year-over-year to RMB28,033 million (US$4,351 million). The year-over-year decreases were primarily due to our increased investments in key strategic areas that have exhibited robust growth in operations, as well as our support to merchants. These investments in key strategic areas within our commerce segment, such as Taobao Deals, Local Consumer Services, Community Marketplaces and Lazada, increased by RMB12,575 million year-over-year. Excluding the impact of these investments, profits of our commerce segment would have remained stable year-over-year.</li>  <li><b>Net income attributable to ordinary shareholders</b>&nbsp;was RMB5,367 million (US$833 million)and<b>net income</b>was RMB3,377 million (US$524 million).<b>Non-GAAP net income</b>was RMB28,524 million (US$4,427 million), a decrease of 39% year-over-year.</li>  <li><b>Diluted earnings per ADS</b>&nbsp;was RMB1.97 (US$0.31) and<b>diluted earnings per share</b>was RMB0.25 (US$0.04 or HK$0.30).<b>Non-GAAP diluted earnings per ADS</b>was RMB11.20 (US$1.74), a decrease of 38% year-over-year and<b>non-GAAP diluted earnings per share</b>was RMB1.40 (US$0.22 or HK$1.68), a decrease of 38% year-over-year.</li>  <li><b>Net cash provided by operating activities</b>&nbsp;was RMB35,830 million (US$5,561 million).<b>Non-GAAP free cash flow</b>was RMB22,239 million (US$3,451 million), a decrease compared to RMB40,540 million in the same quarter of 2020, mainly due to a decrease in profit as a result of our increased investments in key strategic areas.</li> </ul> Reconciliations of GAAP measures to non-GAAP measures presented above are included at the end of this results announcement.</p><p><blockquote><ul><li><b>收入</b>为人民币2006.9亿元（311.47亿美元），同比增长29%。如果不包括合并高鑫，我们的收入将同比增长16%至人民币1,804.38亿元（280.04亿美元）。我们的国际商务零售和国际商务批发总收入为人民币150.92亿元（23.42亿美元），同比增长34%。我们的云计算收入为人民币200.07亿元（31.05亿美元），同比增长33%。</li><li><b>年度活跃消费者</b>截至2021年9月30日止十二个月，全球阿里巴巴-SW生态系统（“AACs”）的用户数达到约12.4亿，较截至2021年6月30日止十二个月增加约6200万。其中包括9.53亿中国消费者和2.85亿海外消费者，季度净增分别为4100万和2000万。</li><li><b>收入</b> <b>来自运营</b>为人民币150.06亿元（23.29亿美元），同比增长10%，原因是与授予员工的蚂蚁集团股权奖励相关的股权激励费用减少人民币156.90亿元。我们从非公认会计准则衡量中排除了基于股份的薪酬费用。<b>调整后EBITDA</b>根据非公认会计准则衡量，同比下降27%至人民币348.4亿元（54.07亿美元）。<b>调整后EBITA</b>根据非公认会计准则衡量，同比下降32%至人民币280.33亿元（43.51亿美元）。同比下降主要是由于我们增加了对运营强劲增长的关键战略领域的投资，以及我们对商家的支持。在淘宝交易、本地消费服务、社区市场和Lazada等商业板块关键战略领域的投资同比增加人民币125.75亿元。排除这些投资的影响，我们商业部门的利润将同比保持稳定。</li><li><b>归属于普通股股东的净利润</b>为人民币53.67亿元（8.33亿美元）及<b>净收入</b>为人民币33.77亿元（5.24亿美元）。<b>非公认会计准则净利润</b>为人民币285.24亿元（44.27亿美元），同比下降39%。</li><li><b>每股美国存托凭证摊薄收益</b>为人民币1.97元（0.31美元）<b>每股摊薄盈利</b>为人民币0.25元（0.04美元或0.30港元）。<b>非公认会计准则每股美国存托凭证摊薄收益</b>为人民币11.20元（1.74美元），同比下降38%<b>非公认会计准则稀释每股收益</b>为人民币1.40元（0.22美元或1.68港元），同比下降38%。</li><li><b>经营活动提供的现金净额</b>为人民币358.3亿元（55.61亿美元）。<b>非公认会计准则自由现金流</b>为人民币222.39亿元（34.51亿美元），较2020年同季度的人民币405.40亿元有所下降，主要是由于我们增加对关键战略领域的投资导致利润下降。</li></ul>上述GAAP指标与非GAAP指标的调节表包含在本业绩公告的末尾。</blockquote></p><p> <b>Guidance</b></p><p><blockquote><b>指导</b></blockquote></p><p> The&nbsp;company expected its fiscal year 2022 revenue to grow 20% to 23% year-over-year.</p><p><blockquote>该公司预计2022财年营收同比增长20%至23%。</blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BABA":"阿里巴巴"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1133708327","content_text":"Alibaba slid nearly 3% in premarket trading after posting its financial report.The company today announced its financial results for the quarter ended September 30, 2021.\n“This quarter, Alibaba continued to firmly invest into our three strategic pillars of domestic consumption, globalization, and cloud computing to establish solid foundations for our long-term goal of sustainable growth in the future,” said Daniel Zhang, Chairman and Chief Executive Officer of Alibaba Group. “Our global annual active consumers across the Alibaba Ecosystem reached approximately 1.24 billion, with a quarterly net increase of 62 million consumers, and we are on track to achieve our longer-term target of serving two billion consumers globally.”\n“We recorded revenue growth of 29% year-over-year, driven by performance of our diversified businesses,” said Maggie Wu, Chief Financial Officer of Alibaba Group. “During this quarter, our continued investments in key strategic areas have resulted in robust growth for these young businesses.”\nBUSINESS HIGHLIGHTS\nIn the quarter ended September 30, 2021:\n\nRevenue was RMB200,690 million (US$31,147 million), an increase of 29% year-over-year. Excluding the consolidation of Sun Art, our revenue would have grown 16% year-over-year to RMB180,438 million (US$28,004 million). Aggregate revenue of our international commerce retail and international commerce wholesale was RMB15,092 million (US$2,342 million), an increase of 34% year-over-year. Our cloud computing revenue was RMB20,007 million (US$3,105 million), an increase of 33% year-over-year.\nAnnual active consumers(“AACs”) of the Alibaba Ecosystem across the world reached approximately 1.24 billion for the twelve months ended September 30, 2021, an increase of approximately 62 million from the twelve months ended June 30, 2021. This includes 953 million consumers in China and 285 million consumers overseas, representing a quarterly net increase of 41 million and 20 million, respectively.\nIncome from operations was RMB15,006 million (US$2,329 million), an increase of 10% year-over-year due to a RMB15,690 million decrease in share-based compensation expense related to Ant Group share-based awards granted to our employees. We excluded share-based compensation expense from our non-GAAP measurements.Adjusted EBITDA, a non-GAAP measurement, decreased 27% year-over-year to RMB34,840 million (US$5,407 million).Adjusted EBITA, a non-GAAP measurement, decreased 32% year-over-year to RMB28,033 million (US$4,351 million). The year-over-year decreases were primarily due to our increased investments in key strategic areas that have exhibited robust growth in operations, as well as our support to merchants. These investments in key strategic areas within our commerce segment, such as Taobao Deals, Local Consumer Services, Community Marketplaces and Lazada, increased by RMB12,575 million year-over-year. Excluding the impact of these investments, profits of our commerce segment would have remained stable year-over-year.\nNet income attributable to ordinary shareholders was RMB5,367 million (US$833 million)andnet incomewas RMB3,377 million (US$524 million).Non-GAAP net incomewas RMB28,524 million (US$4,427 million), a decrease of 39% year-over-year.\nDiluted earnings per ADS was RMB1.97 (US$0.31) anddiluted earnings per sharewas RMB0.25 (US$0.04 or HK$0.30).Non-GAAP diluted earnings per ADSwas RMB11.20 (US$1.74), a decrease of 38% year-over-year andnon-GAAP diluted earnings per sharewas RMB1.40 (US$0.22 or HK$1.68), a decrease of 38% year-over-year.\nNet cash provided by operating activities was RMB35,830 million (US$5,561 million).Non-GAAP free cash flowwas RMB22,239 million (US$3,451 million), a decrease compared to RMB40,540 million in the same quarter of 2020, mainly due to a decrease in profit as a result of our increased investments in key strategic areas.\n\nReconciliations of GAAP measures to non-GAAP measures presented above are included at the end of this results announcement.\nGuidance\nThe company expected its fiscal year 2022 revenue to grow 20% to 23% year-over-year.","news_type":1,"symbols_score_info":{"BABA":0.9}},"isVote":1,"tweetType":1,"viewCount":960,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":853305443,"gmtCreate":1634771897841,"gmtModify":1634771898193,"author":{"id":"3583719339427406","authorId":"3583719339427406","name":"Robinshk","avatar":"https://static.tigerbbs.com/c1089a1858cf641f8680d8015659c00d","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3583719339427406","idStr":"3583719339427406"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":10,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/853305443","repostId":"2177314294","repostType":4,"isVote":1,"tweetType":1,"viewCount":340,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":824952585,"gmtCreate":1634272508349,"gmtModify":1634274404791,"author":{"id":"3583719339427406","authorId":"3583719339427406","name":"Robinshk","avatar":"https://static.tigerbbs.com/c1089a1858cf641f8680d8015659c00d","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3583719339427406","idStr":"3583719339427406"},"themes":[],"htmlText":"Like and comment&nbsp;","listText":"Like and comment&nbsp;","text":"Like and comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/824952585","repostId":"2175192961","repostType":4,"isVote":1,"tweetType":1,"viewCount":576,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":815678765,"gmtCreate":1630678098657,"gmtModify":1631890309571,"author":{"id":"3583719339427406","authorId":"3583719339427406","name":"Robinshk","avatar":"https://static.tigerbbs.com/c1089a1858cf641f8680d8015659c00d","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3583719339427406","idStr":"3583719339427406"},"themes":[],"htmlText":"Help to&nbsp;like it","listText":"Help to&nbsp;like it","text":"Help to like it","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/815678765","repostId":"1106964300","repostType":4,"isVote":1,"tweetType":1,"viewCount":350,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":813778349,"gmtCreate":1630262295481,"gmtModify":1704957509620,"author":{"id":"3583719339427406","authorId":"3583719339427406","name":"Robinshk","avatar":"https://static.tigerbbs.com/c1089a1858cf641f8680d8015659c00d","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3583719339427406","idStr":"3583719339427406"},"themes":[],"htmlText":"Help to like it","listText":"Help to like it","text":"Help to like it","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":4,"repostSize":0,"link":"https://laohu8.com/post/813778349","repostId":"2163079604","repostType":4,"isVote":1,"tweetType":1,"viewCount":385,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":870531889,"gmtCreate":1636631513063,"gmtModify":1636631513429,"author":{"id":"3583719339427406","authorId":"3583719339427406","name":"Robinshk","avatar":"https://static.tigerbbs.com/c1089a1858cf641f8680d8015659c00d","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3583719339427406","idStr":"3583719339427406"},"themes":[],"htmlText":"Comment pls","listText":"Comment pls","text":"Comment pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/870531889","repostId":"1152179749","repostType":4,"repost":{"id":"1152179749","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":1636630921,"share":"https://www.laohu8.com/m/news/1152179749?lang=zh_CN&edition=full","pubTime":"2021-11-11 19:42","market":"us","language":"en","title":"Lordstown Motors shares rose nearly 12% in premarket trading<blockquote>Lordstown Motors股价在盘前交易中上涨近12%</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1152179749","media":"Tiger Newspress","summary":"Lordstown Motors shares rose nearly 12% in premarket trading.Lordstown Motors Corp said on Wednesday","content":"<p>Lordstown&nbsp;Motors&nbsp;shares&nbsp;rose&nbsp;nearly&nbsp;12%&nbsp;in&nbsp;premarket&nbsp;trading.<img src=\"https://static.tigerbbs.com/97e386320197b4b678930cb38e14a8a0\" tg-width=\"870\" tg-height=\"582\" referrerpolicy=\"no-referrer\">Lordstown Motors Corp said on Wednesday that&nbsp;Foxconn has bought stock worth $50 million from the U.S. electric vehicle maker, finalizing an equity investment announced in September.</p><p><blockquote>Lordstown Motors股价在盘前交易中上涨近12%。洛兹敦汽车公司周三表示，富士康已从这家美国电动汽车制造商购买了价值5000万美元的股票，完成了9月份宣布的股权投资。</blockquote></p><p> Foxconn acquired the shares at $6.8983 apiece, Lordstown said.</p><p><blockquote>洛兹敦表示，富士康以每股6.8983美元的价格收购了这些股票。</blockquote></p><p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Lordstown Motors shares rose nearly 12% in premarket trading<blockquote>Lordstown Motors股价在盘前交易中上涨近12%</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nLordstown Motors shares rose nearly 12% in premarket trading<blockquote>Lordstown Motors股价在盘前交易中上涨近12%</blockquote>\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time smaller\">2021-11-11 19:42</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>Lordstown&nbsp;Motors&nbsp;shares&nbsp;rose&nbsp;nearly&nbsp;12%&nbsp;in&nbsp;premarket&nbsp;trading.<img src=\"https://static.tigerbbs.com/97e386320197b4b678930cb38e14a8a0\" tg-width=\"870\" tg-height=\"582\" referrerpolicy=\"no-referrer\">Lordstown Motors Corp said on Wednesday that&nbsp;Foxconn has bought stock worth $50 million from the U.S. electric vehicle maker, finalizing an equity investment announced in September.</p><p><blockquote>Lordstown Motors股价在盘前交易中上涨近12%。洛兹敦汽车公司周三表示，富士康已从这家美国电动汽车制造商购买了价值5000万美元的股票，完成了9月份宣布的股权投资。</blockquote></p><p> Foxconn acquired the shares at $6.8983 apiece, Lordstown said.</p><p><blockquote>洛兹敦表示，富士康以每股6.8983美元的价格收购了这些股票。</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":"1152179749","content_text":"Lordstown Motors shares rose nearly 12% in premarket trading.Lordstown Motors Corp said on Wednesday that Foxconn has bought stock worth $50 million from the U.S. electric vehicle maker, finalizing an equity investment announced in September.\nFoxconn acquired the shares at $6.8983 apiece, Lordstown said.","news_type":1,"symbols_score_info":{"RIDE":0.9}},"isVote":1,"tweetType":1,"viewCount":665,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":842052184,"gmtCreate":1636121921960,"gmtModify":1636121922282,"author":{"id":"3583719339427406","authorId":"3583719339427406","name":"Robinshk","avatar":"https://static.tigerbbs.com/c1089a1858cf641f8680d8015659c00d","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3583719339427406","idStr":"3583719339427406"},"themes":[],"htmlText":"Send me a like&nbsp;","listText":"Send me a like&nbsp;","text":"Send me a like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":9,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/842052184","repostId":"1148714653","repostType":4,"repost":{"id":"1148714653","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":1636121613,"share":"https://www.laohu8.com/m/news/1148714653?lang=zh_CN&edition=full","pubTime":"2021-11-05 22:13","market":"us","language":"en","title":"Big tech stocks climbed in morning trading<blockquote>大型科技股早盘上涨</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1148714653","media":"Tiger Newspress","summary":"Big tech stocks climbed in morning trading.Alphabet,Amazon and Meta Platforms rose more than 1%.\n\nAm","content":"<p>Big tech stocks climbed in morning trading.Alphabet,Amazon&nbsp;and&nbsp;Meta Platforms&nbsp;rose&nbsp;more&nbsp;than&nbsp;1%.</p><p><blockquote>大型科技股早盘上涨。Alphabet、亚马逊和Meta Platforms涨幅超过1%。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/1d9af1ecdb652e43a2a5563fdf926ed4\" tg-width=\"415\" tg-height=\"304\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p> Amazon may have disappointed in the last two quarters, but Wall Street remains bullish.</p><p><blockquote>亚马逊在过去两个季度可能令人失望，但华尔街仍然看好。</blockquote></p><p> The better news is that not a single analyst has turned outright bearish on Amazon stock. In fact, the lowest price target on the Street still points at 9% upside opportunity, while the average target suggests gains of around 20% ahead.</p><p><blockquote>更好的消息是，没有一位分析师彻底看跌亚马逊股票。事实上，华尔街的最低目标价仍指向9%的上涨机会，而平均目标价则表明未来涨幅约为20%。</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>Big tech stocks climbed in morning trading<blockquote>大型科技股早盘上涨</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\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\">\nBig tech stocks climbed in morning trading<blockquote>大型科技股早盘上涨</blockquote>\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time smaller\">2021-11-05 22:13</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>Big tech stocks climbed in morning trading.Alphabet,Amazon&nbsp;and&nbsp;Meta Platforms&nbsp;rose&nbsp;more&nbsp;than&nbsp;1%.</p><p><blockquote>大型科技股早盘上涨。Alphabet、亚马逊和Meta Platforms涨幅超过1%。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/1d9af1ecdb652e43a2a5563fdf926ed4\" tg-width=\"415\" tg-height=\"304\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p> Amazon may have disappointed in the last two quarters, but Wall Street remains bullish.</p><p><blockquote>亚马逊在过去两个季度可能令人失望，但华尔街仍然看好。</blockquote></p><p> The better news is that not a single analyst has turned outright bearish on Amazon stock. In fact, the lowest price target on the Street still points at 9% upside opportunity, while the average target suggests gains of around 20% ahead.</p><p><blockquote>更好的消息是，没有一位分析师彻底看跌亚马逊股票。事实上，华尔街的最低目标价仍指向9%的上涨机会，而平均目标价则表明未来涨幅约为20%。</blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"MSFT":"微软","AMZN":"亚马逊","GOOGL":"谷歌A","AAPL":"苹果","FB":"ProShares S&P 500 Dynamic Buffer ETF"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1148714653","content_text":"Big tech stocks climbed in morning trading.Alphabet,Amazon and Meta Platforms rose more than 1%.\n\nAmazon may have disappointed in the last two quarters, but Wall Street remains bullish.\nThe better news is that not a single analyst has turned outright bearish on Amazon stock. In fact, the lowest price target on the Street still points at 9% upside opportunity, while the average target suggests gains of around 20% ahead.","news_type":1,"symbols_score_info":{"AAPL":0.9,"FB":0.9,"GOOGL":0.9,"AMZN":0.9,"MSFT":0.9}},"isVote":1,"tweetType":1,"viewCount":515,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":825638280,"gmtCreate":1634220993463,"gmtModify":1634220993568,"author":{"id":"3583719339427406","authorId":"3583719339427406","name":"Robinshk","avatar":"https://static.tigerbbs.com/c1089a1858cf641f8680d8015659c00d","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3583719339427406","idStr":"3583719339427406"},"themes":[],"htmlText":"Send me a like. Thanks&nbsp;","listText":"Send me a like. Thanks&nbsp;","text":"Send me a like. Thanks","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/825638280","repostId":"1176037392","repostType":4,"repost":{"id":"1176037392","kind":"news","pubTimestamp":1634217624,"share":"https://www.laohu8.com/m/news/1176037392?lang=zh_CN&edition=full","pubTime":"2021-10-14 21:20","market":"us","language":"en","title":"Why iPhone Supply Hiccup Is Not A Problem For Apple Stock<blockquote>为什么iPhone供应中断对苹果股票来说不是问题</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1176037392","media":"TheStreet","summary":"Apple stock has taken a hit due to reports of a component shortage that could impact iPhone 13 sales","content":"<p>Apple stock has taken a hit due to reports of a component shortage that could impact iPhone 13 sales. The Apple Maven thinks that long-term investors should not worry much.</p><p><blockquote>由于有报道称零部件短缺可能影响iPhone 13的销售，苹果股价遭受重创。这位苹果专家认为，长期投资者不必太担心。</blockquote></p><p> The recent news has not been very favorable for Apple&nbsp;and its shares. According to Bloomberg, the iPhone 13 isfacingsupply chain issues. The component shortage could cause the number of Apple devices produced to drop by 10 million this year.</p><p><blockquote>最近的消息对苹果及其股票来说并不是很有利。据彭博社报道，iPhone 13正面临供应链问题。零部件短缺可能导致今年苹果设备产量下降1000万台。</blockquote></p><p> Apple stock has not fallen apart following the report, but it dipped below $140 apiece once again – levels not seen for more than a hot second since the start of July 2021. However, the Apple Maven believes that long-term investors should not worry about the recent developments involving the iPhone.</p><p><blockquote>报告发布后，苹果股价并未暴跌，但再次跌破每股140美元——这是自2021年7月上旬以来从未见过的水平。然而，这位苹果专家认为，长期投资者不应该担心最近涉及iPhone的事态发展。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/e7c2295e5c2fd9f6f41f8a86c0a4c8ce\" tg-width=\"1240\" tg-height=\"827\" width=\"100%\" height=\"auto\"><span>Figure 1: iPhone 13 new model.</span></p><p><blockquote><p class=\"t-img-caption\"><span>图1：iPhone 13新款。</span></p></blockquote></p><p> <b>This seems familiar…</b></p><p><blockquote><b>这似乎很熟悉……</b></blockquote></p><p> First, it is important for readers to understand that there are different types of Apple stock investors and traders. Many buy shares in hopes of short-term gains, while others bet on the stock for the long haul. Short-term traders may, in fact, have good reasons to be concerned. What if Apple misses iPhone sales expectations in the next quarter, and the stock reacts negatively as a result?</p><p><blockquote>首先，读者必须了解苹果股票投资者和交易者有不同类型。许多人购买股票是希望获得短期收益，而另一些人则长期押注股票。事实上，短线交易者可能有充分的理由感到担忧。如果苹果下个季度的iPhone销量未达到预期，并且该股因此做出负面反应怎么办？</blockquote></p><p> But long-term holders are probably looking at Apple’s business fundamentals further out in the future. There have been enough reports suggesting that&nbsp;demand for the iPhone 13 has been high, probably even better than demand for the already successful iPhone 12.</p><p><blockquote>但长期持有者可能会进一步关注苹果未来的业务基本面。有足够多的报道表明，对iPhone 13的需求一直很高，可能甚至比对已经成功的iPhone 12的需求还要好。</blockquote></p><p> If enough demand for a product exists, it is reasonable to think that temporary supply chain hiccups will only cause sales to shift from one period to the next. This is exactly what happened in 2020, when the COVID-19 crisis caused the iPhone 12 to be unveiled and launched later in the holiday season.</p><p><blockquote>如果对一种产品有足够的需求，有理由认为暂时的供应链问题只会导致销售从一个时期转移到下一个时期。这正是2020年发生的情况，当时COVID-19危机导致iPhone 12在假期晚些时候亮相并推出。</blockquote></p><p> The chart below shows iPhone sales growth in fiscal 2019 and 2020, and in the first periods of the current year. Notice how the painful revenue decline in 2019 seems to have created pent-up demand that was not met in fiscal Q4 of last year, due to the production delays. When those were finally resolved, fiscal 2021 revenues shot through the roof.</p><p><blockquote>下图显示了2019财年和2020财年以及今年上半年的iPhone销量增长情况。请注意，由于生产延迟，2019年痛苦的收入下降似乎创造了去年第四财季未得到满足的被压抑需求。当这些问题最终得到解决时，2021财年的收入猛增。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/36f351ccb2a56f417bb16d8f0246fcc4\" tg-width=\"804\" tg-height=\"568\" width=\"100%\" height=\"auto\"><span>Figure 2: iPhone growth from 2019 to 2021.</span></p><p><blockquote><p class=\"t-img-caption\"><span>图2：2019-2021年iPhone增长情况。</span></p></blockquote></p><p> Average iPhone sales growth between the start of fiscal 2020 and now turned out to be a healthy 14%, although revenues were very lumpy from quarter to quarter. During the same period, and despite last year’s supply chain problems, Apple stock climbed 90%.</p><p><blockquote>从2020财年开始到现在，iPhone的平均销量增长了14%，尽管每个季度的收入都非常不稳定。同期，尽管去年存在供应链问题，苹果股价仍上涨了90%。</blockquote></p><p> Could the current component shortage cause revenues to merely shift around the calendar once again? I think it is plausible, if not likely.</p><p><blockquote>当前的零部件短缺会导致收入再次在日历上发生变化吗？我认为这是合理的，如果不太可能的话。</blockquote></p><p> <b>Apple is a good place to hide</b></p><p><blockquote><b>苹果是个藏身的好地方</b></blockquote></p><p> To be clear, the alleged production delays is not an Apple-specific problem. Component shortages in this year of recovery from the pandemic has been well documented and seems to be impacting consumer tech vendors across the board.</p><p><blockquote>需要明确的是，所谓的生产延误并不是苹果特有的问题。今年从大流行中复苏的零部件短缺已被充分记录，并且似乎正在全面影响消费技术供应商。</blockquote></p><p> Of course, an investor can choose not to commit to the tech sector at all, fearing that the whole industry will underperform as the global economies continue to bounce back. But if money is to be deployed in the space, I think that Apple is a safer-than-average bet due to best-in-class supply chain management.</p><p><blockquote>当然，投资者可以选择根本不投资科技行业，因为担心随着全球经济继续反弹，整个行业的表现将不佳。但如果要在该领域投入资金，我认为苹果是一个比平均水平更安全的选择，因为它拥有一流的供应链管理。</blockquote></p><p> Last year, I explained in more detail that Apple&nbsp;has become “king of inventory management”under CEO Tim Cook – who is also the Cupertino company’s former COO. Therefore, were I to bet on one company handling supply chain issues well, it would probably be the one with most purchasing power and a solid track record at managing inventory.</p><p><blockquote>去年，我更详细地解释了苹果在首席执行官蒂姆·库克（Tim Cook）的领导下已成为“库存管理之王”，蒂姆·库克也是库比蒂诺公司的前首席运营官。因此，如果我押注一家公司能很好地处理供应链问题，它可能是最具购买力且在管理库存方面拥有良好记录的公司。</blockquote></p><p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Why iPhone Supply Hiccup Is Not A Problem For Apple Stock<blockquote>为什么iPhone供应中断对苹果股票来说不是问题</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhy iPhone Supply Hiccup Is Not A Problem For Apple Stock<blockquote>为什么iPhone供应中断对苹果股票来说不是问题</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">TheStreet</strong><span class=\"h-time small\">2021-10-14 21:20</span>\n</p>\n</h4>\n</header>\n<article>\n<p>Apple stock has taken a hit due to reports of a component shortage that could impact iPhone 13 sales. The Apple Maven thinks that long-term investors should not worry much.</p><p><blockquote>由于有报道称零部件短缺可能影响iPhone 13的销售，苹果股价遭受重创。这位苹果专家认为，长期投资者不必太担心。</blockquote></p><p> The recent news has not been very favorable for Apple&nbsp;and its shares. According to Bloomberg, the iPhone 13 isfacingsupply chain issues. The component shortage could cause the number of Apple devices produced to drop by 10 million this year.</p><p><blockquote>最近的消息对苹果及其股票来说并不是很有利。据彭博社报道，iPhone 13正面临供应链问题。零部件短缺可能导致今年苹果设备产量下降1000万台。</blockquote></p><p> Apple stock has not fallen apart following the report, but it dipped below $140 apiece once again – levels not seen for more than a hot second since the start of July 2021. However, the Apple Maven believes that long-term investors should not worry about the recent developments involving the iPhone.</p><p><blockquote>报告发布后，苹果股价并未暴跌，但再次跌破每股140美元——这是自2021年7月上旬以来从未见过的水平。然而，这位苹果专家认为，长期投资者不应该担心最近涉及iPhone的事态发展。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/e7c2295e5c2fd9f6f41f8a86c0a4c8ce\" tg-width=\"1240\" tg-height=\"827\" width=\"100%\" height=\"auto\"><span>Figure 1: iPhone 13 new model.</span></p><p><blockquote><p class=\"t-img-caption\"><span>图1：iPhone 13新款。</span></p></blockquote></p><p> <b>This seems familiar…</b></p><p><blockquote><b>这似乎很熟悉……</b></blockquote></p><p> First, it is important for readers to understand that there are different types of Apple stock investors and traders. Many buy shares in hopes of short-term gains, while others bet on the stock for the long haul. Short-term traders may, in fact, have good reasons to be concerned. What if Apple misses iPhone sales expectations in the next quarter, and the stock reacts negatively as a result?</p><p><blockquote>首先，读者必须了解苹果股票投资者和交易者有不同类型。许多人购买股票是希望获得短期收益，而另一些人则长期押注股票。事实上，短线交易者可能有充分的理由感到担忧。如果苹果下个季度的iPhone销量未达到预期，并且该股因此做出负面反应怎么办？</blockquote></p><p> But long-term holders are probably looking at Apple’s business fundamentals further out in the future. There have been enough reports suggesting that&nbsp;demand for the iPhone 13 has been high, probably even better than demand for the already successful iPhone 12.</p><p><blockquote>但长期持有者可能会进一步关注苹果未来的业务基本面。有足够多的报道表明，对iPhone 13的需求一直很高，可能甚至比对已经成功的iPhone 12的需求还要好。</blockquote></p><p> If enough demand for a product exists, it is reasonable to think that temporary supply chain hiccups will only cause sales to shift from one period to the next. This is exactly what happened in 2020, when the COVID-19 crisis caused the iPhone 12 to be unveiled and launched later in the holiday season.</p><p><blockquote>如果对一种产品有足够的需求，有理由认为暂时的供应链问题只会导致销售从一个时期转移到下一个时期。这正是2020年发生的情况，当时COVID-19危机导致iPhone 12在假期晚些时候亮相并推出。</blockquote></p><p> The chart below shows iPhone sales growth in fiscal 2019 and 2020, and in the first periods of the current year. Notice how the painful revenue decline in 2019 seems to have created pent-up demand that was not met in fiscal Q4 of last year, due to the production delays. When those were finally resolved, fiscal 2021 revenues shot through the roof.</p><p><blockquote>下图显示了2019财年和2020财年以及今年上半年的iPhone销量增长情况。请注意，由于生产延迟，2019年痛苦的收入下降似乎创造了去年第四财季未得到满足的被压抑需求。当这些问题最终得到解决时，2021财年的收入猛增。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/36f351ccb2a56f417bb16d8f0246fcc4\" tg-width=\"804\" tg-height=\"568\" width=\"100%\" height=\"auto\"><span>Figure 2: iPhone growth from 2019 to 2021.</span></p><p><blockquote><p class=\"t-img-caption\"><span>图2：2019-2021年iPhone增长情况。</span></p></blockquote></p><p> Average iPhone sales growth between the start of fiscal 2020 and now turned out to be a healthy 14%, although revenues were very lumpy from quarter to quarter. During the same period, and despite last year’s supply chain problems, Apple stock climbed 90%.</p><p><blockquote>从2020财年开始到现在，iPhone的平均销量增长了14%，尽管每个季度的收入都非常不稳定。同期，尽管去年存在供应链问题，苹果股价仍上涨了90%。</blockquote></p><p> Could the current component shortage cause revenues to merely shift around the calendar once again? I think it is plausible, if not likely.</p><p><blockquote>当前的零部件短缺会导致收入再次在日历上发生变化吗？我认为这是合理的，如果不太可能的话。</blockquote></p><p> <b>Apple is a good place to hide</b></p><p><blockquote><b>苹果是个藏身的好地方</b></blockquote></p><p> To be clear, the alleged production delays is not an Apple-specific problem. Component shortages in this year of recovery from the pandemic has been well documented and seems to be impacting consumer tech vendors across the board.</p><p><blockquote>需要明确的是，所谓的生产延误并不是苹果特有的问题。今年从大流行中复苏的零部件短缺已被充分记录，并且似乎正在全面影响消费技术供应商。</blockquote></p><p> Of course, an investor can choose not to commit to the tech sector at all, fearing that the whole industry will underperform as the global economies continue to bounce back. But if money is to be deployed in the space, I think that Apple is a safer-than-average bet due to best-in-class supply chain management.</p><p><blockquote>当然，投资者可以选择根本不投资科技行业，因为担心随着全球经济继续反弹，整个行业的表现将不佳。但如果要在该领域投入资金，我认为苹果是一个比平均水平更安全的选择，因为它拥有一流的供应链管理。</blockquote></p><p> Last year, I explained in more detail that Apple&nbsp;has become “king of inventory management”under CEO Tim Cook – who is also the Cupertino company’s former COO. Therefore, were I to bet on one company handling supply chain issues well, it would probably be the one with most purchasing power and a solid track record at managing inventory.</p><p><blockquote>去年，我更详细地解释了苹果在首席执行官蒂姆·库克（Tim Cook）的领导下已成为“库存管理之王”，蒂姆·库克也是库比蒂诺公司的前首席运营官。因此，如果我押注一家公司能很好地处理供应链问题，它可能是最具购买力且在管理库存方面拥有良好记录的公司。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.thestreet.com/apple/iphone/why-iphone-supply-hiccup-is-not-a-problem-for-apple-stock\">TheStreet</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果"},"source_url":"https://www.thestreet.com/apple/iphone/why-iphone-supply-hiccup-is-not-a-problem-for-apple-stock","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1176037392","content_text":"Apple stock has taken a hit due to reports of a component shortage that could impact iPhone 13 sales. The Apple Maven thinks that long-term investors should not worry much.\nThe recent news has not been very favorable for Apple and its shares. According to Bloomberg, the iPhone 13 isfacingsupply chain issues. The component shortage could cause the number of Apple devices produced to drop by 10 million this year.\nApple stock has not fallen apart following the report, but it dipped below $140 apiece once again – levels not seen for more than a hot second since the start of July 2021. However, the Apple Maven believes that long-term investors should not worry about the recent developments involving the iPhone.\nFigure 1: iPhone 13 new model.\nThis seems familiar…\nFirst, it is important for readers to understand that there are different types of Apple stock investors and traders. Many buy shares in hopes of short-term gains, while others bet on the stock for the long haul. Short-term traders may, in fact, have good reasons to be concerned. What if Apple misses iPhone sales expectations in the next quarter, and the stock reacts negatively as a result?\nBut long-term holders are probably looking at Apple’s business fundamentals further out in the future. There have been enough reports suggesting that demand for the iPhone 13 has been high, probably even better than demand for the already successful iPhone 12.\nIf enough demand for a product exists, it is reasonable to think that temporary supply chain hiccups will only cause sales to shift from one period to the next. This is exactly what happened in 2020, when the COVID-19 crisis caused the iPhone 12 to be unveiled and launched later in the holiday season.\nThe chart below shows iPhone sales growth in fiscal 2019 and 2020, and in the first periods of the current year. Notice how the painful revenue decline in 2019 seems to have created pent-up demand that was not met in fiscal Q4 of last year, due to the production delays. When those were finally resolved, fiscal 2021 revenues shot through the roof.\nFigure 2: iPhone growth from 2019 to 2021.\nAverage iPhone sales growth between the start of fiscal 2020 and now turned out to be a healthy 14%, although revenues were very lumpy from quarter to quarter. During the same period, and despite last year’s supply chain problems, Apple stock climbed 90%.\nCould the current component shortage cause revenues to merely shift around the calendar once again? I think it is plausible, if not likely.\nApple is a good place to hide\nTo be clear, the alleged production delays is not an Apple-specific problem. Component shortages in this year of recovery from the pandemic has been well documented and seems to be impacting consumer tech vendors across the board.\nOf course, an investor can choose not to commit to the tech sector at all, fearing that the whole industry will underperform as the global economies continue to bounce back. But if money is to be deployed in the space, I think that Apple is a safer-than-average bet due to best-in-class supply chain management.\nLast year, I explained in more detail that Apple has become “king of inventory management”under CEO Tim Cook – who is also the Cupertino company’s former COO. Therefore, were I to bet on one company handling supply chain issues well, it would probably be the one with most purchasing power and a solid track record at managing inventory.","news_type":1,"symbols_score_info":{"AAPL":0.9}},"isVote":1,"tweetType":1,"viewCount":306,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":884654183,"gmtCreate":1631889028542,"gmtModify":1632805545512,"author":{"id":"3583719339427406","authorId":"3583719339427406","name":"Robinshk","avatar":"https://static.tigerbbs.com/c1089a1858cf641f8680d8015659c00d","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3583719339427406","idStr":"3583719339427406"},"themes":[],"htmlText":"Like and comment&nbsp;","listText":"Like and comment&nbsp;","text":"Like and comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/884654183","repostId":"2168612522","repostType":4,"repost":{"id":"2168612522","kind":"highlight","pubTimestamp":1631886386,"share":"https://www.laohu8.com/m/news/2168612522?lang=zh_CN&edition=full","pubTime":"2021-09-17 21:46","market":"us","language":"en","title":"Investors are in an historically rotten mood. Their three biggest fears are overblown, strategist says.<blockquote>投资者的情绪历来都很糟糕。策略师表示，他们最大的三个担忧被夸大了。</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=2168612522","media":"MarketWatch","summary":"The American Association of Individual Investors has been tracking retail sentiment since 1987, and ","content":"<p>The American Association of Individual Investors has been tracking retail sentiment since 1987, and this week, wow has that mood been rotten. The spread between bullish and bearish sentiment nosedived to -17%, from positive 12% just a week earlier. That's the lowest read since October 2020, and the biggest one-week drop since August 2019.</p><p><blockquote>美国个人投资者协会自1987年以来一直在跟踪散户情绪，而本周，哇，这种情绪已经变得糟糕了。看涨和看跌情绪之间的利差从一周前的正12%骤降至-17%。这是自2020年10月以来的最低读数，也是自2019年8月以来的最大单周跌幅。</blockquote></p><p> The good news is that quick downturns in investor pessimism are usually unfounded. Buying last October, ahead of the U.S. election, would have netted a cool 33% gain in the S&amp;P 500 . Buying the blues of August 2019 would've left an investor up 17% a year later.</p><p><blockquote>好消息是，投资者悲观情绪的快速下降通常是没有根据的。去年10月美国大选前买入，标普500将大幅上涨33%。购买2019年8月的蓝军会让投资者在一年后上涨17%。</blockquote></p><p> In a note to clients, Truist Advisory Services chief market strategist Keith Lerner takes on three of the biggest concerns that investors have -- and why he's bullish anyway.</p><p><blockquote>Truist Advisory Services首席市场策略师基思·勒纳(Keith Lerner)在给客户的一份报告中阐述了投资者最关心的三个问题，以及他为何看涨。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/a4b9f4f3671025b5a422133198067a25\" tg-width=\"700\" tg-height=\"308\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p> The first is the idea of peak economic growth being reached. Lerner says the evidence favors the idea that the delta strain of coronavirus deferred rather than capped growth. \"We now expect roughly 6.2% U.S. economic growth for this year and a healthy 4.5% pace next year, which would still be about double the pre-pandemic trend,\" he says. The Citi U.S. Economic Surprise Index has fallen so much that it's now at an area where it tends to rise again.</p><p><blockquote>首先是经济增长达到峰值的想法。勒纳说，证据支持这样一种观点，即冠状病毒的德尔塔毒株推迟了而不是限制了增长。他表示：“我们现在预计今年美国经济增长约为6.2%，明年将健康增长4.5%，仍将是大流行前趋势的两倍左右。”花旗美国经济意外指数跌幅如此之大，以至于现在处于可能再次上升的区域。</blockquote></p><p> The next issue is the likely taper of bond purchases by the Federal Reserve. Lerner notes it's well-telegraphed, that in any event the Fed will still be buying bonds next year, and that the economy is in a much stronger position than it was during the 2013 taper.</p><p><blockquote>下一个问题是美联储可能缩减购债规模。勒纳指出，无论如何，美联储明年仍将购买债券，而且经济状况比2013年缩减期间要强劲得多，这一点已得到充分证实。</blockquote></p><p> The third issue is the tax hikes, for corporations and investors, being considered by Congress. Lerner says the consensus is that the corporate tax rate will be raised to 25% from 21%, and capital-gains taxes will be increased to 25% from 20% for those making over $400,000.</p><p><blockquote>第三个问题是国会正在考虑的对企业和投资者的增税。勒纳表示，共识是企业税率将从21%提高到25%，收入超过40万美元的人的资本利得税将从20%提高到25%。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/bbbc385843fc580c2c16183403ee34be\" tg-width=\"700\" tg-height=\"292\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p> Lerner says when the historical impact of tax policy on market returns and economic growth is examined, there isn't a consistent relationship. For example, in the high-tax 1950s, there were the best stock market returns of the past 70 years as well as a robust economic environment; in the low-tax 2000s, there was the bursting of the technology bubble as well as the global financial crisis.</p><p><blockquote>勒纳表示，当考察税收政策对市场回报和经济增长的历史影响时，并不存在一致的关系。例如，在高税收的20世纪50年代，股市回报率是过去70年来最好的，经济环境也很强劲；在低税收的2000年代，科技泡沫破裂以及全球金融危机。</blockquote></p><p> \"We are not suggesting that taxes don't matter. Instead, our works shows that taxes are only one of many factors that influence market returns. Moreover, the business cycle tends to overwhelm tax policy,\" he says, estimating a 5% drag on corporate earnings from tax proposals.</p><p><blockquote>“我们并不是说税收无关紧要。相反，我们的研究表明，税收只是影响市场回报的众多因素之一。此外，商业周期往往会压倒税收政策，”他说，估计税收提案会拖累企业盈利5%。</blockquote></p><p> What does look attractive, he says, is relative valuation. The equity risk premium, a metric that compares the valuation of stocks to bonds, remains at a level that has historically corresponded with stocks outperforming bonds on a 12-month basis, he says.</p><p><blockquote>他说，看起来确实有吸引力的是相对估值。他表示，股票风险溢价（一种比较股票与债券估值的指标）仍处于历史上股票在12个月内表现优于债券的水平。</blockquote></p><p> <b>The chart</b></p><p><blockquote><b>图表</b></blockquote></p><p> <img src=\"https://static.tigerbbs.com/a7ebf8955e6463b888549c9b44013d82\" tg-width=\"700\" tg-height=\"504\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p> A study finds that narcissistic chief executives drive fewer, but larger, mergers and acquisitions. But how do you identify narcissism? By studying conference calls, and their use of personal pronouns. \"The higher this ratio of first person personal pronouns to all personal pronouns is, the more likely it is that a CEO will try to engage in dumb outsized acquisitions that will lead to lower shareholder value,\" says Joachim Klement, the Liberum Capital strategist who also maintains his own blog.</p><p><blockquote>一项研究发现，自恋的首席执行官推动的并购数量较少，但规模较大。但是如何识别自恋呢？通过研究会议评级及其人称代词的使用。Liberum Capital策略师约阿希姆·克莱门特(Joachim Klement)表示：“第一人称人称代词与所有人称代词的比例越高，首席执行官就越有可能试图进行愚蠢的大规模收购，从而导致股东价值下降。”他还维护自己的博客。</blockquote></p><p></p>","source":"lsy1603348471595","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Investors are in an historically rotten mood. Their three biggest fears are overblown, strategist says.<blockquote>投资者的情绪历来都很糟糕。策略师表示，他们最大的三个担忧被夸大了。</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nInvestors are in an historically rotten mood. Their three biggest fears are overblown, strategist says.<blockquote>投资者的情绪历来都很糟糕。策略师表示，他们最大的三个担忧被夸大了。</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">MarketWatch</strong><span class=\"h-time small\">2021-09-17 21:46</span>\n</p>\n</h4>\n</header>\n<article>\n<p>The American Association of Individual Investors has been tracking retail sentiment since 1987, and this week, wow has that mood been rotten. The spread between bullish and bearish sentiment nosedived to -17%, from positive 12% just a week earlier. That's the lowest read since October 2020, and the biggest one-week drop since August 2019.</p><p><blockquote>美国个人投资者协会自1987年以来一直在跟踪散户情绪，而本周，哇，这种情绪已经变得糟糕了。看涨和看跌情绪之间的利差从一周前的正12%骤降至-17%。这是自2020年10月以来的最低读数，也是自2019年8月以来的最大单周跌幅。</blockquote></p><p> The good news is that quick downturns in investor pessimism are usually unfounded. Buying last October, ahead of the U.S. election, would have netted a cool 33% gain in the S&amp;P 500 . Buying the blues of August 2019 would've left an investor up 17% a year later.</p><p><blockquote>好消息是，投资者悲观情绪的快速下降通常是没有根据的。去年10月美国大选前买入，标普500将大幅上涨33%。购买2019年8月的蓝军会让投资者在一年后上涨17%。</blockquote></p><p> In a note to clients, Truist Advisory Services chief market strategist Keith Lerner takes on three of the biggest concerns that investors have -- and why he's bullish anyway.</p><p><blockquote>Truist Advisory Services首席市场策略师基思·勒纳(Keith Lerner)在给客户的一份报告中阐述了投资者最关心的三个问题，以及他为何看涨。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/a4b9f4f3671025b5a422133198067a25\" tg-width=\"700\" tg-height=\"308\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p> The first is the idea of peak economic growth being reached. Lerner says the evidence favors the idea that the delta strain of coronavirus deferred rather than capped growth. \"We now expect roughly 6.2% U.S. economic growth for this year and a healthy 4.5% pace next year, which would still be about double the pre-pandemic trend,\" he says. The Citi U.S. Economic Surprise Index has fallen so much that it's now at an area where it tends to rise again.</p><p><blockquote>首先是经济增长达到峰值的想法。勒纳说，证据支持这样一种观点，即冠状病毒的德尔塔毒株推迟了而不是限制了增长。他表示：“我们现在预计今年美国经济增长约为6.2%，明年将健康增长4.5%，仍将是大流行前趋势的两倍左右。”花旗美国经济意外指数跌幅如此之大，以至于现在处于可能再次上升的区域。</blockquote></p><p> The next issue is the likely taper of bond purchases by the Federal Reserve. Lerner notes it's well-telegraphed, that in any event the Fed will still be buying bonds next year, and that the economy is in a much stronger position than it was during the 2013 taper.</p><p><blockquote>下一个问题是美联储可能缩减购债规模。勒纳指出，无论如何，美联储明年仍将购买债券，而且经济状况比2013年缩减期间要强劲得多，这一点已得到充分证实。</blockquote></p><p> The third issue is the tax hikes, for corporations and investors, being considered by Congress. Lerner says the consensus is that the corporate tax rate will be raised to 25% from 21%, and capital-gains taxes will be increased to 25% from 20% for those making over $400,000.</p><p><blockquote>第三个问题是国会正在考虑的对企业和投资者的增税。勒纳表示，共识是企业税率将从21%提高到25%，收入超过40万美元的人的资本利得税将从20%提高到25%。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/bbbc385843fc580c2c16183403ee34be\" tg-width=\"700\" tg-height=\"292\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p> Lerner says when the historical impact of tax policy on market returns and economic growth is examined, there isn't a consistent relationship. For example, in the high-tax 1950s, there were the best stock market returns of the past 70 years as well as a robust economic environment; in the low-tax 2000s, there was the bursting of the technology bubble as well as the global financial crisis.</p><p><blockquote>勒纳表示，当考察税收政策对市场回报和经济增长的历史影响时，并不存在一致的关系。例如，在高税收的20世纪50年代，股市回报率是过去70年来最好的，经济环境也很强劲；在低税收的2000年代，科技泡沫破裂以及全球金融危机。</blockquote></p><p> \"We are not suggesting that taxes don't matter. Instead, our works shows that taxes are only one of many factors that influence market returns. Moreover, the business cycle tends to overwhelm tax policy,\" he says, estimating a 5% drag on corporate earnings from tax proposals.</p><p><blockquote>“我们并不是说税收无关紧要。相反，我们的研究表明，税收只是影响市场回报的众多因素之一。此外，商业周期往往会压倒税收政策，”他说，估计税收提案会拖累企业盈利5%。</blockquote></p><p> What does look attractive, he says, is relative valuation. The equity risk premium, a metric that compares the valuation of stocks to bonds, remains at a level that has historically corresponded with stocks outperforming bonds on a 12-month basis, he says.</p><p><blockquote>他说，看起来确实有吸引力的是相对估值。他表示，股票风险溢价（一种比较股票与债券估值的指标）仍处于历史上股票在12个月内表现优于债券的水平。</blockquote></p><p> <b>The chart</b></p><p><blockquote><b>图表</b></blockquote></p><p> <img src=\"https://static.tigerbbs.com/a7ebf8955e6463b888549c9b44013d82\" tg-width=\"700\" tg-height=\"504\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p> A study finds that narcissistic chief executives drive fewer, but larger, mergers and acquisitions. But how do you identify narcissism? By studying conference calls, and their use of personal pronouns. \"The higher this ratio of first person personal pronouns to all personal pronouns is, the more likely it is that a CEO will try to engage in dumb outsized acquisitions that will lead to lower shareholder value,\" says Joachim Klement, the Liberum Capital strategist who also maintains his own blog.</p><p><blockquote>一项研究发现，自恋的首席执行官推动的并购数量较少，但规模较大。但是如何识别自恋呢？通过研究会议评级及其人称代词的使用。Liberum Capital策略师约阿希姆·克莱门特(Joachim Klement)表示：“第一人称人称代词与所有人称代词的比例越高，首席执行官就越有可能试图进行愚蠢的大规模收购，从而导致股东价值下降。”他还维护自己的博客。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.marketwatch.com/story/investors-are-in-an-historically-rotten-mood-their-three-biggest-fears-are-overblown-strategist-says-11631875434?mod=home-page\">MarketWatch</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite","STT":"道富银行","ISBC":"投资者银行","IVZ":"美国景顺集团","PFE":"辉瑞","03333":"中国恒大","EGRNF":"China Evergrande Group",".SPX":"S&P 500 Index",".DJI":"道琼斯","BNTX":"BioNTech SE","BLK":"贝莱德"},"source_url":"https://www.marketwatch.com/story/investors-are-in-an-historically-rotten-mood-their-three-biggest-fears-are-overblown-strategist-says-11631875434?mod=home-page","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2168612522","content_text":"The American Association of Individual Investors has been tracking retail sentiment since 1987, and this week, wow has that mood been rotten. The spread between bullish and bearish sentiment nosedived to -17%, from positive 12% just a week earlier. That's the lowest read since October 2020, and the biggest one-week drop since August 2019.\nThe good news is that quick downturns in investor pessimism are usually unfounded. Buying last October, ahead of the U.S. election, would have netted a cool 33% gain in the S&P 500 . Buying the blues of August 2019 would've left an investor up 17% a year later.\nIn a note to clients, Truist Advisory Services chief market strategist Keith Lerner takes on three of the biggest concerns that investors have -- and why he's bullish anyway.\n\nThe first is the idea of peak economic growth being reached. Lerner says the evidence favors the idea that the delta strain of coronavirus deferred rather than capped growth. \"We now expect roughly 6.2% U.S. economic growth for this year and a healthy 4.5% pace next year, which would still be about double the pre-pandemic trend,\" he says. The Citi U.S. Economic Surprise Index has fallen so much that it's now at an area where it tends to rise again.\nThe next issue is the likely taper of bond purchases by the Federal Reserve. Lerner notes it's well-telegraphed, that in any event the Fed will still be buying bonds next year, and that the economy is in a much stronger position than it was during the 2013 taper.\nThe third issue is the tax hikes, for corporations and investors, being considered by Congress. Lerner says the consensus is that the corporate tax rate will be raised to 25% from 21%, and capital-gains taxes will be increased to 25% from 20% for those making over $400,000.\n\nLerner says when the historical impact of tax policy on market returns and economic growth is examined, there isn't a consistent relationship. For example, in the high-tax 1950s, there were the best stock market returns of the past 70 years as well as a robust economic environment; in the low-tax 2000s, there was the bursting of the technology bubble as well as the global financial crisis.\n\"We are not suggesting that taxes don't matter. Instead, our works shows that taxes are only one of many factors that influence market returns. Moreover, the business cycle tends to overwhelm tax policy,\" he says, estimating a 5% drag on corporate earnings from tax proposals.\nWhat does look attractive, he says, is relative valuation. The equity risk premium, a metric that compares the valuation of stocks to bonds, remains at a level that has historically corresponded with stocks outperforming bonds on a 12-month basis, he says.\nThe chart\n\nA study finds that narcissistic chief executives drive fewer, but larger, mergers and acquisitions. But how do you identify narcissism? By studying conference calls, and their use of personal pronouns. \"The higher this ratio of first person personal pronouns to all personal pronouns is, the more likely it is that a CEO will try to engage in dumb outsized acquisitions that will lead to lower shareholder value,\" says Joachim Klement, the Liberum Capital strategist who also maintains his own blog.","news_type":1,"symbols_score_info":{"PFE":0.9,"EGRNF":0.9,".IXIC":0.9,"STT":0.9,"03333":0.9,"ISBC":0.9,"BNTX":0.9,"BLK":0.9,".SPX":0.9,"IVZ":0.9,".DJI":0.9}},"isVote":1,"tweetType":1,"viewCount":116,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":883046876,"gmtCreate":1631193072895,"gmtModify":1631890309531,"author":{"id":"3583719339427406","authorId":"3583719339427406","name":"Robinshk","avatar":"https://static.tigerbbs.com/c1089a1858cf641f8680d8015659c00d","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3583719339427406","idStr":"3583719339427406"},"themes":[],"htmlText":"Help to like ... thanks&nbsp;","listText":"Help to like ... thanks&nbsp;","text":"Help to like ... thanks","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/883046876","repostId":"2166348780","repostType":4,"isVote":1,"tweetType":1,"viewCount":130,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":802101422,"gmtCreate":1627726720266,"gmtModify":1633756776818,"author":{"id":"3583719339427406","authorId":"3583719339427406","name":"Robinshk","avatar":"https://static.tigerbbs.com/c1089a1858cf641f8680d8015659c00d","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3583719339427406","idStr":"3583719339427406"},"themes":[],"htmlText":"Like and comment&nbsp;","listText":"Like and comment&nbsp;","text":"Like and comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/802101422","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":455,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":151727768,"gmtCreate":1625108469654,"gmtModify":1633944690414,"author":{"id":"3583719339427406","authorId":"3583719339427406","name":"Robinshk","avatar":"https://static.tigerbbs.com/c1089a1858cf641f8680d8015659c00d","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3583719339427406","idStr":"3583719339427406"},"themes":[],"htmlText":"Help me like ad comment&nbsp;","listText":"Help me like ad comment&nbsp;","text":"Help me like ad comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/151727768","repostId":"2147819091","repostType":4,"isVote":1,"tweetType":1,"viewCount":315,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":873902333,"gmtCreate":1636816890768,"gmtModify":1636816890867,"author":{"id":"3583719339427406","authorId":"3583719339427406","name":"Robinshk","avatar":"https://static.tigerbbs.com/c1089a1858cf641f8680d8015659c00d","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3583719339427406","idStr":"3583719339427406"},"themes":[],"htmlText":"Like pls","listText":"Like pls","text":"Like pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/873902333","repostId":"1102251183","repostType":4,"repost":{"id":"1102251183","kind":"news","pubTimestamp":1636772424,"share":"https://www.laohu8.com/m/news/1102251183?lang=zh_CN&edition=full","pubTime":"2021-11-13 11:00","market":"us","language":"en","title":"Pfizer Shows Its R&D Is Strong. It’s a Good Sign for the Stock.<blockquote>辉瑞显示其研发实力雄厚。这对该股来说是一个好兆头。</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1102251183","media":"Barrons","summary":"Pfizer’s chief scientific officer, Mikael Dolsten, sounded giddy when reached via telephone early Mo","content":"<p>Pfizer’s&nbsp;chief scientific officer, Mikael Dolsten, sounded giddy when reached via telephone early Monday morning. It was just days after his company knocked the socks off the market with the news that its Covid-19 antiviral had cut the risk of hospitalization by 89% in high-risk adults.</p><p><blockquote>周一早上，辉瑞公司首席科学官米凯尔·多尔斯滕(Mikael Dolsten)接到电话时，听起来很头晕。就在几天前，他的公司宣布其Covid-19抗病毒药物将高危成年人的住院风险降低了89%。</blockquote></p><p> “It can’t be just a random thing, that you’re able to beat this type of world record and get a grand slam at the same time by chance,” Dolsten said, scrambling sports metaphors as he sought to illustrate the magnitude of Pfizer’s twin wins: the development of a stunningly effective Covid-19 vaccine in just 10 months, followed a year later by the development of a similarly stunning Covid-19 antiviral.</p><p><blockquote>多尔斯滕说：“你能够打破这种类型的世界纪录，同时偶然获得大满贯，这不可能只是一件随机的事情。”他在试图说明辉瑞的双重胜利：在短短10个月内开发出了一种效果惊人的Covid-19疫苗，一年后又开发出了一种同样令人惊叹的Covid-19抗病毒药物。</blockquote></p><p> Two years ago, Pfizer (ticker: PFE) CEO Albert Bourla asked investors to take a big gamble on the research-and-development operation that Dolsten has rebuilt over the course of more than a decade. That bet is looking smarter than ever.</p><p><blockquote>两年前，辉瑞（股票代码：PFE）首席执行官阿尔伯特·布尔拉（Albert Bourla）要求投资者对多尔斯滕十多年来重建的研发业务进行豪赌。这个赌注看起来比以往任何时候都更聪明。</blockquote></p><p> Bourla has gotten rid of Pfizer’s off-patent drugs division and the last of its consumer health products, leaving behind a pure-play biopharma company that will live or die on the strength of Dolsten’s science.</p><p><blockquote>Bourla已经摆脱了辉瑞的非专利药物部门及其最后的消费者健康产品，留下了一家纯粹的生物制药公司，该公司的生死存亡都取决于Dolsten的科学实力。</blockquote></p><p> In a cover story in November 2019, <i>Barron’s</i> argued that Bourla and Dolsten could pull it off.</p><p><blockquote>在2019年11月的一篇封面报道中，<i>巴伦周刊</i>认为布尔拉和多尔斯滕可以成功。</blockquote></p><p> The new antiviral data reaffirms the case for Pfizer that <i>Barron’s</i> made two years ago. Continuing to profit off the pandemic, however, brings new risks, as criticism grows over the global inequity in vaccine distribution. Low-income nations account for less than 1% of the more than seven billion doses administered worldwide. If distribution of Pfizer’s antiviral continues to favor wealthy nations, the company’s stock could ultimately suffer.</p><p><blockquote>新的抗病毒数据再次证实了辉瑞的理由<i>巴伦周刊</i>两年前做的。然而，随着对全球疫苗分配不平等的批评越来越多，继续从大流行中获利会带来新的风险。在全球超过70亿剂疫苗中，低收入国家仅占不到1%。如果辉瑞抗病毒药物的分销继续有利于富裕国家，该公司的股票最终可能会受到影响。</blockquote></p><p> Pfizer’s shares surged 10.9% the day the data came out, their best daily showing in at least 20 years. Still, with the stock now changing hands at around $50, investors continue to undervalue the company. Investors are pricing Pfizer at 12 times next year’s expected earnings, cheaper than peers like&nbsp;Johnson &amp; Johnson&nbsp;(JNJ) and&nbsp;Eli Lilly&nbsp;(LLY).</p><p><blockquote>数据公布当天，辉瑞股价飙升10.9%，创下至少20年来的最佳单日表现。尽管如此，由于该股目前易手价格约为50美元，投资者继续低估该公司的价值。投资者对辉瑞的定价是明年预期收益的12倍，低于强生(JNJ)和礼来(LLY)等同行。</blockquote></p><p> The Pfizer discount can be attributed to concerns over the patent cliff the drugmaker faces at the end of the decade. The company stands to lose exclusivity over a handful of drugs that bring in billions in annual revenue.</p><p><blockquote>辉瑞的折扣可归因于对该制药商在本世纪末面临专利悬崖的担忧。该公司将失去对少数年收入数十亿美元的药物的独家经营权。</blockquote></p><p> The worries are legitimate, but Pfizer’s scientific coup should give investors confidence that the company’s science can carry it safely over that cliff. It may take time for the market to catch up, but for long-term investors, it’s a promising opportunity.</p><p><blockquote>这些担忧是合理的，但辉瑞的科学政变应该让投资者相信该公司的科学能够安全地越过悬崖。市场可能需要时间才能赶上，但对于长期投资者来说，这是一个充满希望的机会。</blockquote></p><p> The success of the antiviral is the best illustration yet of Pfizer’s scientific prowess.</p><p><blockquote>抗病毒药物的成功是辉瑞科学实力的最佳例证。</blockquote></p><p> While Pfizer’s Covid-19 vaccine came out of the labs of the German biotech&nbsp;BioNTech&nbsp;(BNTX), the new Covid-19 antiviral was whipped up by what Dolsten called a “dream team” of scientists at Pfizer’s own labs across the Northeast U.S.</p><p><blockquote>虽然辉瑞的新冠肺炎疫苗来自德国生物技术公司BioNTech(BNTX)的实验室，但新的新冠肺炎抗病毒药物是由多尔斯滕所说的辉瑞位于美国东北部实验室的科学家“梦之队”研制出来的。</blockquote></p><p> In the earliest days of the pandemic, Pfizer split its efforts between its collaboration with BioNTech on the vaccine and its quest for a Covid-19 pill. The vaccine effort operated on a huge scale; Dolsten called it a “mega team” that spanned the Atlantic.</p><p><blockquote>在大流行的早期，辉瑞公司将其努力分为与BioNTech在疫苗上的合作和对新冠肺炎药丸的探索。疫苗工作规模巨大；多尔斯滕称之为横跨大西洋的“巨型团队”。</blockquote></p><p> The antiviral project was a much smaller operation—a group of Pfizer experts operating with resources left over from the vaccine push.</p><p><blockquote>抗病毒项目规模要小得多——一组辉瑞专家利用疫苗推广剩余的资源进行运营。</blockquote></p><p> “The small molecule was more like a nimble, laser-focused, high-end team, with rather moderate resources,” Dolsten said.</p><p><blockquote>“小分子更像是一个灵活、专注于激光的高端团队，拥有相当适中的资源，”多尔斯滕说。</blockquote></p><p> Dolsten gathered some of Pfizer’s most experienced scientists to work on the antiviral project, including its head of medicine design, Charlotte Allerton. The scientists started with work Pfizer had done years ago on a type of antiviral called a protease inhibitor.</p><p><blockquote>多尔斯滕召集了辉瑞公司一些最有经验的科学家参与抗病毒项目，其中包括药物设计主管夏洛特·阿勒顿。科学家们从辉瑞公司多年前在一种叫做蛋白酶抑制剂的抗病毒药物上所做的工作开始。</blockquote></p><p> “[Pfizer’s] pharmaceutical R&amp;D is better than people had thought.”</p><p><blockquote>“（辉瑞的）制药研发比人们想象的要好。”</blockquote></p><p> The protease inhibitors in the Pfizer library, however, had been administered intravenously, and had not worked well when delivered orally. The team had to figure out how to adapt the drugs to oral administration, a substantial undertaking.</p><p><blockquote>然而，辉瑞文库中的蛋白酶抑制剂已经静脉内施用，并且当口服递送时效果不佳。该团队必须弄清楚如何使药物适应口服给药，这是一项艰巨的任务。</blockquote></p><p> “They had to really create a lot of new chemistry,” Dolsten said. The scientists created 600 compounds to nail down the right drug, a process that might normally take years, and which they accomplished in a matter of months. “Four years turned into four months here,” he said.</p><p><blockquote>“他们必须真正创造很多新的化学反应，”多尔斯滕说。科学家们创造了600种化合物来确定正确的药物，这个过程通常可能需要数年时间，但他们在几个月内就完成了。“在这里，四年变成了四个月，”他说。</blockquote></p><p> Pfizer started testing the pill in humans in March. It is now running a number of Phase 2/3 trials of the drug, including one for patients who are high risk, one for patients not high risk, and one as a prophylaxis for patients who have been exposed to the virus but aren’t yet sick. In the first readout, the drug looked substantially more effective than the Covid treatment pill from&nbsp;Merck&nbsp;(MRK).</p><p><blockquote>辉瑞公司于三月份开始在人体中测试这种药物。该公司目前正在进行该药物的多项2/3期试验，包括一项针对高风险患者，一项针对非高风险患者，以及一项针对接触过病毒但尚未患病的患者的预防试验。在第一次读数中，该药物看起来比默克公司(MRK)的新冠治疗药物有效得多。</blockquote></p><p> “It definitely helps prove the point that [Pfizer’s] pharmaceutical R&amp;D is better than people had thought,” says Louise Chen, an analyst at Cantor Fitzgerald, who has an Overweight rating and a $61 price target on the stock.</p><p><blockquote>Cantor Fitzgerald分析师Louise Chen表示：“这无疑有助于证明辉瑞的制药研发比人们想象的要好。”她对该股给予跑赢大盘评级，目标价为61美元。</blockquote></p><p></p><p> Chen says that she doesn’t expect investors to come around to her way of thinking until there is more clarity on the durability of Covid-19 vaccine and pill sales, and the rest of the pipeline gets proved out.</p><p><blockquote>陈表示，在Covid-19疫苗和药丸销售的持久性更加明确以及其余产品得到证实之前，她预计投资者不会接受她的想法。</blockquote></p><p> “There is not one event that I think will trigger a re-rating of the stock at the next level,” she says. “Until those things play out, I don’t think that it necessarily will.”</p><p><blockquote>“我认为没有一个事件会引发该股下一个级别的重新评级，”她说。“在这些事情发生之前，我认为不一定会发生。”</blockquote></p><p> That makes a bet on Pfizer a long-term play. In the meantime, the experience of&nbsp;Moderna&nbsp;(MRNA) in recent weeks is highlighting the potential for the vaccine makers to come under scrutiny over unequal distribution of vaccines.</p><p><blockquote>这使得对辉瑞的押注成为一项长期投资。与此同时，Moderna(MRNA)最近几周的经历凸显了疫苗制造商因疫苗分配不平等而受到审查的可能性。</blockquote></p><p> Biden administration officials have been increasingly frustrated with Moderna, calling on the company to ramp up production so it can offer more doses at not-for-profit prices to low-income countries, with one top official calling on the company to “step up.”</p><p><blockquote>拜登政府官员对Moderna越来越失望，呼吁该公司提高产量，以便能够以非营利价格向低收入国家提供更多剂量，一位高级官员呼吁该公司“挺身而出”。</blockquote></p><p> Moderna shares are down more than 40% over the past three months.</p><p><blockquote>Moderna股价在过去三个月下跌了40%以上。</blockquote></p><p> As the pandemic persists, Pfizer risks eroding the enormous goodwill it earned roughly a year ago when it introduced its Covid-19 vaccine. Earlier this month, Pfizer CEO Bourla blamed low-income countries for unfair vaccine distribution, telling <i>Barron’s</i> that it was their fault for not placing orders. Pfizer has sold a billion vaccine doses to the U.S. at a not-for-profit price to donate to poor countries, and says that a total of at least two billion doses will be delivered to low- and middle-income nations by the end of next year.</p><p><blockquote>随着疫情的持续，辉瑞面临着侵蚀大约一年前推出Covid-19疫苗时赢得的巨大商誉的风险。本月早些时候，辉瑞首席执行官布尔拉指责低收入国家疫苗分配不公平，告诉<i>巴伦周刊</i>没有下订单是他们的错。辉瑞公司已以非营利价格向美国出售了10亿剂疫苗，捐赠给贫穷国家，并表示到明年年底将向中低收入国家提供总计至少20亿剂疫苗。</blockquote></p><p> When it comes to antivirals, Pfizer has said only that it will offer tiered pricing for poorer nations, the same approach it has taken with its vaccine.</p><p><blockquote>在抗病毒药物方面，辉瑞仅表示将为较贫穷国家提供分级定价，与其疫苗采取的方法相同。</blockquote></p><p> That contrasts sharply with Merck’s plan to make its own Covid-19 pill available to poor countries. Merck has signed a deal with a United Nations-backed group that will allow its pill to be licensed globally, with no royalties paid to Merck.</p><p><blockquote>这与默克公司向贫穷国家提供自己的Covid-19药丸的计划形成鲜明对比。默克公司已与一个联合国支持的组织签署了一项协议，允许其药丸在全球范围内获得许可，无需向默克公司支付特许权使用费。</blockquote></p><p> Dolsten said that Pfizer is looking into licensing its pill under a similar mechanism as Merck’s. “We will look at those options,” he said. “By no means have we said we would do something different. We just want to make sure whoever will be involved gets the advice and skill to do this.”</p><p><blockquote>多尔斯滕表示，辉瑞正在考虑根据与默克类似的机制许可其药物。“我们将考虑这些选择，”他说。“我们绝不是说我们会做一些不同的事情。我们只是想确保参与其中的人都能获得这样做的建议和技能。”</blockquote></p><p> Such a step couldn’t come soon enough. Late last month, activists protested outside Bourla’s home, calling on Pfizer to share its vaccine manufacturing technology and to fill orders from low-income countries ahead of those from wealthy countries.</p><p><blockquote>这样的一步来得太快了。上月底，活动人士在布尔拉家外抗议，呼吁辉瑞分享其疫苗制造技术，并在富裕国家之前完成低收入国家的订单。</blockquote></p><p> An aggressive plan to share its antiviral would help stave off such criticism, keeping Pfizer in the relative good graces of Washington and allowing its impressive science to continue to drive the stock higher.</p><p><blockquote>分享其抗病毒药物的积极计划将有助于避免此类批评，使辉瑞公司相对受到华盛顿的青睐，并使其令人印象深刻的科学知识继续推动股价走高。</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>Pfizer Shows Its R&D Is Strong. It’s a Good Sign for the Stock.<blockquote>辉瑞显示其研发实力雄厚。这对该股来说是一个好兆头。</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\">\nPfizer Shows Its R&D Is Strong. It’s a Good Sign for the Stock.<blockquote>辉瑞显示其研发实力雄厚。这对该股来说是一个好兆头。</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Barrons</strong><span class=\"h-time small\">2021-11-13 11:00</span>\n</p>\n</h4>\n</header>\n<article>\n<p>Pfizer’s&nbsp;chief scientific officer, Mikael Dolsten, sounded giddy when reached via telephone early Monday morning. It was just days after his company knocked the socks off the market with the news that its Covid-19 antiviral had cut the risk of hospitalization by 89% in high-risk adults.</p><p><blockquote>周一早上，辉瑞公司首席科学官米凯尔·多尔斯滕(Mikael Dolsten)接到电话时，听起来很头晕。就在几天前，他的公司宣布其Covid-19抗病毒药物将高危成年人的住院风险降低了89%。</blockquote></p><p> “It can’t be just a random thing, that you’re able to beat this type of world record and get a grand slam at the same time by chance,” Dolsten said, scrambling sports metaphors as he sought to illustrate the magnitude of Pfizer’s twin wins: the development of a stunningly effective Covid-19 vaccine in just 10 months, followed a year later by the development of a similarly stunning Covid-19 antiviral.</p><p><blockquote>多尔斯滕说：“你能够打破这种类型的世界纪录，同时偶然获得大满贯，这不可能只是一件随机的事情。”他在试图说明辉瑞的双重胜利：在短短10个月内开发出了一种效果惊人的Covid-19疫苗，一年后又开发出了一种同样令人惊叹的Covid-19抗病毒药物。</blockquote></p><p> Two years ago, Pfizer (ticker: PFE) CEO Albert Bourla asked investors to take a big gamble on the research-and-development operation that Dolsten has rebuilt over the course of more than a decade. That bet is looking smarter than ever.</p><p><blockquote>两年前，辉瑞（股票代码：PFE）首席执行官阿尔伯特·布尔拉（Albert Bourla）要求投资者对多尔斯滕十多年来重建的研发业务进行豪赌。这个赌注看起来比以往任何时候都更聪明。</blockquote></p><p> Bourla has gotten rid of Pfizer’s off-patent drugs division and the last of its consumer health products, leaving behind a pure-play biopharma company that will live or die on the strength of Dolsten’s science.</p><p><blockquote>Bourla已经摆脱了辉瑞的非专利药物部门及其最后的消费者健康产品，留下了一家纯粹的生物制药公司，该公司的生死存亡都取决于Dolsten的科学实力。</blockquote></p><p> In a cover story in November 2019, <i>Barron’s</i> argued that Bourla and Dolsten could pull it off.</p><p><blockquote>在2019年11月的一篇封面报道中，<i>巴伦周刊</i>认为布尔拉和多尔斯滕可以成功。</blockquote></p><p> The new antiviral data reaffirms the case for Pfizer that <i>Barron’s</i> made two years ago. Continuing to profit off the pandemic, however, brings new risks, as criticism grows over the global inequity in vaccine distribution. Low-income nations account for less than 1% of the more than seven billion doses administered worldwide. If distribution of Pfizer’s antiviral continues to favor wealthy nations, the company’s stock could ultimately suffer.</p><p><blockquote>新的抗病毒数据再次证实了辉瑞的理由<i>巴伦周刊</i>两年前做的。然而，随着对全球疫苗分配不平等的批评越来越多，继续从大流行中获利会带来新的风险。在全球超过70亿剂疫苗中，低收入国家仅占不到1%。如果辉瑞抗病毒药物的分销继续有利于富裕国家，该公司的股票最终可能会受到影响。</blockquote></p><p> Pfizer’s shares surged 10.9% the day the data came out, their best daily showing in at least 20 years. Still, with the stock now changing hands at around $50, investors continue to undervalue the company. Investors are pricing Pfizer at 12 times next year’s expected earnings, cheaper than peers like&nbsp;Johnson &amp; Johnson&nbsp;(JNJ) and&nbsp;Eli Lilly&nbsp;(LLY).</p><p><blockquote>数据公布当天，辉瑞股价飙升10.9%，创下至少20年来的最佳单日表现。尽管如此，由于该股目前易手价格约为50美元，投资者继续低估该公司的价值。投资者对辉瑞的定价是明年预期收益的12倍，低于强生(JNJ)和礼来(LLY)等同行。</blockquote></p><p> The Pfizer discount can be attributed to concerns over the patent cliff the drugmaker faces at the end of the decade. The company stands to lose exclusivity over a handful of drugs that bring in billions in annual revenue.</p><p><blockquote>辉瑞的折扣可归因于对该制药商在本世纪末面临专利悬崖的担忧。该公司将失去对少数年收入数十亿美元的药物的独家经营权。</blockquote></p><p> The worries are legitimate, but Pfizer’s scientific coup should give investors confidence that the company’s science can carry it safely over that cliff. It may take time for the market to catch up, but for long-term investors, it’s a promising opportunity.</p><p><blockquote>这些担忧是合理的，但辉瑞的科学政变应该让投资者相信该公司的科学能够安全地越过悬崖。市场可能需要时间才能赶上，但对于长期投资者来说，这是一个充满希望的机会。</blockquote></p><p> The success of the antiviral is the best illustration yet of Pfizer’s scientific prowess.</p><p><blockquote>抗病毒药物的成功是辉瑞科学实力的最佳例证。</blockquote></p><p> While Pfizer’s Covid-19 vaccine came out of the labs of the German biotech&nbsp;BioNTech&nbsp;(BNTX), the new Covid-19 antiviral was whipped up by what Dolsten called a “dream team” of scientists at Pfizer’s own labs across the Northeast U.S.</p><p><blockquote>虽然辉瑞的新冠肺炎疫苗来自德国生物技术公司BioNTech(BNTX)的实验室，但新的新冠肺炎抗病毒药物是由多尔斯滕所说的辉瑞位于美国东北部实验室的科学家“梦之队”研制出来的。</blockquote></p><p> In the earliest days of the pandemic, Pfizer split its efforts between its collaboration with BioNTech on the vaccine and its quest for a Covid-19 pill. The vaccine effort operated on a huge scale; Dolsten called it a “mega team” that spanned the Atlantic.</p><p><blockquote>在大流行的早期，辉瑞公司将其努力分为与BioNTech在疫苗上的合作和对新冠肺炎药丸的探索。疫苗工作规模巨大；多尔斯滕称之为横跨大西洋的“巨型团队”。</blockquote></p><p> The antiviral project was a much smaller operation—a group of Pfizer experts operating with resources left over from the vaccine push.</p><p><blockquote>抗病毒项目规模要小得多——一组辉瑞专家利用疫苗推广剩余的资源进行运营。</blockquote></p><p> “The small molecule was more like a nimble, laser-focused, high-end team, with rather moderate resources,” Dolsten said.</p><p><blockquote>“小分子更像是一个灵活、专注于激光的高端团队，拥有相当适中的资源，”多尔斯滕说。</blockquote></p><p> Dolsten gathered some of Pfizer’s most experienced scientists to work on the antiviral project, including its head of medicine design, Charlotte Allerton. The scientists started with work Pfizer had done years ago on a type of antiviral called a protease inhibitor.</p><p><blockquote>多尔斯滕召集了辉瑞公司一些最有经验的科学家参与抗病毒项目，其中包括药物设计主管夏洛特·阿勒顿。科学家们从辉瑞公司多年前在一种叫做蛋白酶抑制剂的抗病毒药物上所做的工作开始。</blockquote></p><p> “[Pfizer’s] pharmaceutical R&amp;D is better than people had thought.”</p><p><blockquote>“（辉瑞的）制药研发比人们想象的要好。”</blockquote></p><p> The protease inhibitors in the Pfizer library, however, had been administered intravenously, and had not worked well when delivered orally. The team had to figure out how to adapt the drugs to oral administration, a substantial undertaking.</p><p><blockquote>然而，辉瑞文库中的蛋白酶抑制剂已经静脉内施用，并且当口服递送时效果不佳。该团队必须弄清楚如何使药物适应口服给药，这是一项艰巨的任务。</blockquote></p><p> “They had to really create a lot of new chemistry,” Dolsten said. The scientists created 600 compounds to nail down the right drug, a process that might normally take years, and which they accomplished in a matter of months. “Four years turned into four months here,” he said.</p><p><blockquote>“他们必须真正创造很多新的化学反应，”多尔斯滕说。科学家们创造了600种化合物来确定正确的药物，这个过程通常可能需要数年时间，但他们在几个月内就完成了。“在这里，四年变成了四个月，”他说。</blockquote></p><p> Pfizer started testing the pill in humans in March. It is now running a number of Phase 2/3 trials of the drug, including one for patients who are high risk, one for patients not high risk, and one as a prophylaxis for patients who have been exposed to the virus but aren’t yet sick. In the first readout, the drug looked substantially more effective than the Covid treatment pill from&nbsp;Merck&nbsp;(MRK).</p><p><blockquote>辉瑞公司于三月份开始在人体中测试这种药物。该公司目前正在进行该药物的多项2/3期试验，包括一项针对高风险患者，一项针对非高风险患者，以及一项针对接触过病毒但尚未患病的患者的预防试验。在第一次读数中，该药物看起来比默克公司(MRK)的新冠治疗药物有效得多。</blockquote></p><p> “It definitely helps prove the point that [Pfizer’s] pharmaceutical R&amp;D is better than people had thought,” says Louise Chen, an analyst at Cantor Fitzgerald, who has an Overweight rating and a $61 price target on the stock.</p><p><blockquote>Cantor Fitzgerald分析师Louise Chen表示：“这无疑有助于证明辉瑞的制药研发比人们想象的要好。”她对该股给予跑赢大盘评级，目标价为61美元。</blockquote></p><p></p><p> Chen says that she doesn’t expect investors to come around to her way of thinking until there is more clarity on the durability of Covid-19 vaccine and pill sales, and the rest of the pipeline gets proved out.</p><p><blockquote>陈表示，在Covid-19疫苗和药丸销售的持久性更加明确以及其余产品得到证实之前，她预计投资者不会接受她的想法。</blockquote></p><p> “There is not one event that I think will trigger a re-rating of the stock at the next level,” she says. “Until those things play out, I don’t think that it necessarily will.”</p><p><blockquote>“我认为没有一个事件会引发该股下一个级别的重新评级，”她说。“在这些事情发生之前，我认为不一定会发生。”</blockquote></p><p> That makes a bet on Pfizer a long-term play. In the meantime, the experience of&nbsp;Moderna&nbsp;(MRNA) in recent weeks is highlighting the potential for the vaccine makers to come under scrutiny over unequal distribution of vaccines.</p><p><blockquote>这使得对辉瑞的押注成为一项长期投资。与此同时，Moderna(MRNA)最近几周的经历凸显了疫苗制造商因疫苗分配不平等而受到审查的可能性。</blockquote></p><p> Biden administration officials have been increasingly frustrated with Moderna, calling on the company to ramp up production so it can offer more doses at not-for-profit prices to low-income countries, with one top official calling on the company to “step up.”</p><p><blockquote>拜登政府官员对Moderna越来越失望，呼吁该公司提高产量，以便能够以非营利价格向低收入国家提供更多剂量，一位高级官员呼吁该公司“挺身而出”。</blockquote></p><p> Moderna shares are down more than 40% over the past three months.</p><p><blockquote>Moderna股价在过去三个月下跌了40%以上。</blockquote></p><p> As the pandemic persists, Pfizer risks eroding the enormous goodwill it earned roughly a year ago when it introduced its Covid-19 vaccine. Earlier this month, Pfizer CEO Bourla blamed low-income countries for unfair vaccine distribution, telling <i>Barron’s</i> that it was their fault for not placing orders. Pfizer has sold a billion vaccine doses to the U.S. at a not-for-profit price to donate to poor countries, and says that a total of at least two billion doses will be delivered to low- and middle-income nations by the end of next year.</p><p><blockquote>随着疫情的持续，辉瑞面临着侵蚀大约一年前推出Covid-19疫苗时赢得的巨大商誉的风险。本月早些时候，辉瑞首席执行官布尔拉指责低收入国家疫苗分配不公平，告诉<i>巴伦周刊</i>没有下订单是他们的错。辉瑞公司已以非营利价格向美国出售了10亿剂疫苗，捐赠给贫穷国家，并表示到明年年底将向中低收入国家提供总计至少20亿剂疫苗。</blockquote></p><p> When it comes to antivirals, Pfizer has said only that it will offer tiered pricing for poorer nations, the same approach it has taken with its vaccine.</p><p><blockquote>在抗病毒药物方面，辉瑞仅表示将为较贫穷国家提供分级定价，与其疫苗采取的方法相同。</blockquote></p><p> That contrasts sharply with Merck’s plan to make its own Covid-19 pill available to poor countries. Merck has signed a deal with a United Nations-backed group that will allow its pill to be licensed globally, with no royalties paid to Merck.</p><p><blockquote>这与默克公司向贫穷国家提供自己的Covid-19药丸的计划形成鲜明对比。默克公司已与一个联合国支持的组织签署了一项协议，允许其药丸在全球范围内获得许可，无需向默克公司支付特许权使用费。</blockquote></p><p> Dolsten said that Pfizer is looking into licensing its pill under a similar mechanism as Merck’s. “We will look at those options,” he said. “By no means have we said we would do something different. We just want to make sure whoever will be involved gets the advice and skill to do this.”</p><p><blockquote>多尔斯滕表示，辉瑞正在考虑根据与默克类似的机制许可其药物。“我们将考虑这些选择，”他说。“我们绝不是说我们会做一些不同的事情。我们只是想确保参与其中的人都能获得这样做的建议和技能。”</blockquote></p><p> Such a step couldn’t come soon enough. Late last month, activists protested outside Bourla’s home, calling on Pfizer to share its vaccine manufacturing technology and to fill orders from low-income countries ahead of those from wealthy countries.</p><p><blockquote>这样的一步来得太快了。上月底，活动人士在布尔拉家外抗议，呼吁辉瑞分享其疫苗制造技术，并在富裕国家之前完成低收入国家的订单。</blockquote></p><p> An aggressive plan to share its antiviral would help stave off such criticism, keeping Pfizer in the relative good graces of Washington and allowing its impressive science to continue to drive the stock higher.</p><p><blockquote>分享其抗病毒药物的积极计划将有助于避免此类批评，使辉瑞公司相对受到华盛顿的青睐，并使其令人印象深刻的科学知识继续推动股价走高。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.barrons.com/articles/buy-pfizer-stock-covid-19-51636674652?mod=hp_LEAD_1\">Barrons</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"PFE":"辉瑞"},"source_url":"https://www.barrons.com/articles/buy-pfizer-stock-covid-19-51636674652?mod=hp_LEAD_1","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1102251183","content_text":"Pfizer’s chief scientific officer, Mikael Dolsten, sounded giddy when reached via telephone early Monday morning. It was just days after his company knocked the socks off the market with the news that its Covid-19 antiviral had cut the risk of hospitalization by 89% in high-risk adults.\n“It can’t be just a random thing, that you’re able to beat this type of world record and get a grand slam at the same time by chance,” Dolsten said, scrambling sports metaphors as he sought to illustrate the magnitude of Pfizer’s twin wins: the development of a stunningly effective Covid-19 vaccine in just 10 months, followed a year later by the development of a similarly stunning Covid-19 antiviral.\nTwo years ago, Pfizer (ticker: PFE) CEO Albert Bourla asked investors to take a big gamble on the research-and-development operation that Dolsten has rebuilt over the course of more than a decade. That bet is looking smarter than ever.\nBourla has gotten rid of Pfizer’s off-patent drugs division and the last of its consumer health products, leaving behind a pure-play biopharma company that will live or die on the strength of Dolsten’s science.\nIn a cover story in November 2019, Barron’s argued that Bourla and Dolsten could pull it off.\nThe new antiviral data reaffirms the case for Pfizer that Barron’s made two years ago. Continuing to profit off the pandemic, however, brings new risks, as criticism grows over the global inequity in vaccine distribution. Low-income nations account for less than 1% of the more than seven billion doses administered worldwide. If distribution of Pfizer’s antiviral continues to favor wealthy nations, the company’s stock could ultimately suffer.\nPfizer’s shares surged 10.9% the day the data came out, their best daily showing in at least 20 years. Still, with the stock now changing hands at around $50, investors continue to undervalue the company. Investors are pricing Pfizer at 12 times next year’s expected earnings, cheaper than peers like Johnson & Johnson (JNJ) and Eli Lilly (LLY).\nThe Pfizer discount can be attributed to concerns over the patent cliff the drugmaker faces at the end of the decade. The company stands to lose exclusivity over a handful of drugs that bring in billions in annual revenue.\nThe worries are legitimate, but Pfizer’s scientific coup should give investors confidence that the company’s science can carry it safely over that cliff. It may take time for the market to catch up, but for long-term investors, it’s a promising opportunity.\nThe success of the antiviral is the best illustration yet of Pfizer’s scientific prowess.\nWhile Pfizer’s Covid-19 vaccine came out of the labs of the German biotech BioNTech (BNTX), the new Covid-19 antiviral was whipped up by what Dolsten called a “dream team” of scientists at Pfizer’s own labs across the Northeast U.S.\nIn the earliest days of the pandemic, Pfizer split its efforts between its collaboration with BioNTech on the vaccine and its quest for a Covid-19 pill. The vaccine effort operated on a huge scale; Dolsten called it a “mega team” that spanned the Atlantic.\nThe antiviral project was a much smaller operation—a group of Pfizer experts operating with resources left over from the vaccine push.\n“The small molecule was more like a nimble, laser-focused, high-end team, with rather moderate resources,” Dolsten said.\nDolsten gathered some of Pfizer’s most experienced scientists to work on the antiviral project, including its head of medicine design, Charlotte Allerton. The scientists started with work Pfizer had done years ago on a type of antiviral called a protease inhibitor.\n“[Pfizer’s] pharmaceutical R&D is better than people had thought.”\nThe protease inhibitors in the Pfizer library, however, had been administered intravenously, and had not worked well when delivered orally. The team had to figure out how to adapt the drugs to oral administration, a substantial undertaking.\n“They had to really create a lot of new chemistry,” Dolsten said. The scientists created 600 compounds to nail down the right drug, a process that might normally take years, and which they accomplished in a matter of months. “Four years turned into four months here,” he said.\nPfizer started testing the pill in humans in March. It is now running a number of Phase 2/3 trials of the drug, including one for patients who are high risk, one for patients not high risk, and one as a prophylaxis for patients who have been exposed to the virus but aren’t yet sick. In the first readout, the drug looked substantially more effective than the Covid treatment pill from Merck (MRK).\n“It definitely helps prove the point that [Pfizer’s] pharmaceutical R&D is better than people had thought,” says Louise Chen, an analyst at Cantor Fitzgerald, who has an Overweight rating and a $61 price target on the stock.\nChen says that she doesn’t expect investors to come around to her way of thinking until there is more clarity on the durability of Covid-19 vaccine and pill sales, and the rest of the pipeline gets proved out.\n“There is not one event that I think will trigger a re-rating of the stock at the next level,” she says. “Until those things play out, I don’t think that it necessarily will.”\nThat makes a bet on Pfizer a long-term play. In the meantime, the experience of Moderna (MRNA) in recent weeks is highlighting the potential for the vaccine makers to come under scrutiny over unequal distribution of vaccines.\nBiden administration officials have been increasingly frustrated with Moderna, calling on the company to ramp up production so it can offer more doses at not-for-profit prices to low-income countries, with one top official calling on the company to “step up.”\nModerna shares are down more than 40% over the past three months.\nAs the pandemic persists, Pfizer risks eroding the enormous goodwill it earned roughly a year ago when it introduced its Covid-19 vaccine. Earlier this month, Pfizer CEO Bourla blamed low-income countries for unfair vaccine distribution, telling Barron’s that it was their fault for not placing orders. Pfizer has sold a billion vaccine doses to the U.S. at a not-for-profit price to donate to poor countries, and says that a total of at least two billion doses will be delivered to low- and middle-income nations by the end of next year.\nWhen it comes to antivirals, Pfizer has said only that it will offer tiered pricing for poorer nations, the same approach it has taken with its vaccine.\nThat contrasts sharply with Merck’s plan to make its own Covid-19 pill available to poor countries. Merck has signed a deal with a United Nations-backed group that will allow its pill to be licensed globally, with no royalties paid to Merck.\nDolsten said that Pfizer is looking into licensing its pill under a similar mechanism as Merck’s. “We will look at those options,” he said. “By no means have we said we would do something different. We just want to make sure whoever will be involved gets the advice and skill to do this.”\nSuch a step couldn’t come soon enough. Late last month, activists protested outside Bourla’s home, calling on Pfizer to share its vaccine manufacturing technology and to fill orders from low-income countries ahead of those from wealthy countries.\nAn aggressive plan to share its antiviral would help stave off such criticism, keeping Pfizer in the relative good graces of Washington and allowing its impressive science to continue to drive the stock higher.","news_type":1,"symbols_score_info":{"PFE":0.9}},"isVote":1,"tweetType":1,"viewCount":622,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":813109516,"gmtCreate":1630142035335,"gmtModify":1704956507932,"author":{"id":"3583719339427406","authorId":"3583719339427406","name":"Robinshk","avatar":"https://static.tigerbbs.com/c1089a1858cf641f8680d8015659c00d","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3583719339427406","idStr":"3583719339427406"},"themes":[],"htmlText":"Like it","listText":"Like it","text":"Like it","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/813109516","repostId":"2162733980","repostType":4,"isVote":1,"tweetType":1,"viewCount":613,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":886991534,"gmtCreate":1631542220628,"gmtModify":1631890309502,"author":{"id":"3583719339427406","authorId":"3583719339427406","name":"Robinshk","avatar":"https://static.tigerbbs.com/c1089a1858cf641f8680d8015659c00d","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3583719339427406","idStr":"3583719339427406"},"themes":[],"htmlText":"Help like and comment&nbsp;","listText":"Help like and comment&nbsp;","text":"Help like and comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/886991534","repostId":"2167305501","repostType":4,"repost":{"id":"2167305501","kind":"highlight","pubTimestamp":1631516408,"share":"https://www.laohu8.com/m/news/2167305501?lang=zh_CN&edition=full","pubTime":"2021-09-13 15:00","market":"us","language":"en","title":"When the Fed finally steps back, can the U.S. stock and bond markets stand on their own legs?<blockquote>当美联储最终退一步，美国股市和债市能否自立？</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=2167305501","media":"MarketWatch","summary":"“I think concerns around tapering are a little overplayed,” says U.S. Bank’s co-head of the credit f","content":"<p>“I think concerns around tapering are a little overplayed,” says U.S. Bank’s co-head of the credit fixed income</p><p><blockquote>合众银行信贷固定收益联席主管表示：“我认为对缩减购债规模的担忧有点被夸大了。”</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/6b5563e4c98a09c2bf9623579e271b5c\" tg-width=\"700\" tg-height=\"487\" width=\"100%\" height=\"auto\"><span>The Federal Reserve is expected to follow the ECB and begin reducing its arsenal of support for markets during the pandemic.</span></p><p><blockquote><p class=\"t-img-caption\"><span>预计美联储将效仿欧洲央行，开始减少疫情期间对市场的支持。</span></p></blockquote></p><p> Financial markets have staged a dramatic turnaround in the roughly 18 months since global central banks sent in the cavalry, with U.S. stocks climbing to dizzying heights and&nbsp;corporations raking in record profit.</p><p><blockquote>自全球央行派出骑兵以来的大约18个月里，金融市场发生了戏剧性的转变，美国股市攀升至令人眼花缭乱的高度，企业利润创历史新高。</blockquote></p><p> The big question heading into this fall is whether markets can stand on their own legs once the Federal Reserve starts to pull back its pandemic firepower.</p><p><blockquote>进入今年秋天的一个大问题是，一旦美联储开始收回疫情火力，市场能否自立。</blockquote></p><p> For its part, the European Central Bank this week announced plans to&nbsp;recall some of its pandemic monetary support&nbsp;for financial markets, raising expectations for the Fed to soon follow in its footsteps.</p><p><blockquote>就欧洲央行而言，本周宣布计划召回对金融市场的部分疫情货币支持，这提高了人们对美联储很快效仿的预期。</blockquote></p><p> While ECB President Christine Lagarde said the pullback didn’t amount to a “tapering,” but was instead a mere recalibration of stimulus efforts, the decision was still viewed as a significant step.</p><p><blockquote>尽管欧洲央行行长克里斯蒂娜·拉加德表示，此次缩减并不等于“缩减”，而只是对刺激措施的重新调整，但这一决定仍被视为重要的一步。</blockquote></p><p> When the pandemic struck the global economy in 2020 central banks embarked on large-scale asset purchases and vowed to keep interest rates near historically low levels to help heal their economies and keep credit flowing during the COVID crisis.</p><p><blockquote>当疫情在2020年袭击全球经济时，各国央行开始大规模资产购买，并发誓要将利率保持在接近历史低位的水平，以帮助在新冠危机期间治愈经济并保持信贷流动。</blockquote></p><p> “The ECB has throwing down the gauntlet,” said Phil Orlando,&nbsp;chief equity market strategist at Federated Hermes, in a phone interview. “We are expecting a Fed taper announcement this year.”</p><p><blockquote>Federated Hermes首席股票市场策略师菲尔·奥兰多(Phil Orlando)在接受电话采访时表示：“欧洲央行已经发出了挑战。”“我们预计美联储今年将宣布缩减规模。”</blockquote></p><p> “To narrow it down, we are suggesting it is going to come on Nov. 3, which is the conclusion of the Fed’s two-day November meeting.”</p><p><blockquote>“为了缩小范围，我们建议将于11月3日举行，这是美联储为期两天的11月会议的结束。”</blockquote></p><p> He also expects a quick tapering process that ends by June of 2022, followed by a 75 basis point increase in the Fed’s benchmark interest rate by the end of 2023, up from the current 0% to 0.25% range.</p><p><blockquote>他还预计快速缩减进程将于2022年6月结束，随后美联储基准利率将在2023年底前从目前的0%至0.25%范围上调75个基点。</blockquote></p><p> <b>Vaccines, jobs, free markets</b></p><p><blockquote><b>疫苗、就业、自由市场</b></blockquote></p><p> Fed Chairman Powell often has tied the pace of the U.S. economic recovery, and levels of central bank support, to the coronavirus, vaccinations and labor market conditions.</p><p><blockquote>美联储主席鲍威尔经常将美国经济复苏的步伐和央行的支持水平与冠状病毒、疫苗接种和劳动力市场状况联系起来。</blockquote></p><p> As a result Federated Hermes’ Orlando expects no decision on tapering the Fed’s $120 billion in monthly asset purchases at the central bank’s Sept. 21-22 policy meeting. “The reason for that is that the&nbsp;August jobs report&nbsp;was terrible. It missed by a half million jobs relative to consensus,” he said.</p><p><blockquote>因此，Federated Hermes的奥兰多预计美联储在9月21日至22日的政策会议上不会就缩减每月1200亿美元的资产购买做出决定。“原因是八月份的就业报告很糟糕。相对于共识，它少了50万个工作岗位，”他说。</blockquote></p><p> Labor market conditions are expected to improve in the next few months, given the expiration of the extra $300 a week in unemployment benefits and&nbsp;record job openings.</p><p><blockquote>鉴于每周额外300美元的失业救济金到期以及创纪录的职位空缺，预计未来几个月劳动力市场状况将有所改善。</blockquote></p><p> BofA Global summed up “perhaps the most underappreciated statistic in the jobs market” in this Friday chart, showing how job openings now outpace people seeing work.</p><p><blockquote>美国银行全球在本周五的图表中总结了“也许是就业市场上最被低估的统计数据”，显示了现在职位空缺的速度如何超过了人们看到工作的速度。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/163dfc3b7920a2dd61d0b008a817bfd4\" tg-width=\"700\" tg-height=\"459\" width=\"100%\" height=\"auto\"><span>Job openings outpace seekers BOFA GLOBAL, BLS</span></p><p><blockquote><p class=\"t-img-caption\"><span>职位空缺超过求职者美国银行全球、劳工统计局</span></p></blockquote></p><p> “The Fed is pointing to the labor market statistics as a reason to delay tapering,” Ethan Harris and BofA’s global rates and currencies research team wrote. “We don’t&nbsp;agree.”</p><p><blockquote>伊森·哈里斯和美国银行全球利率和货币研究团队写道：“美联储指出劳动力市场统计数据是推迟缩减规模的原因。”“我们不同意。”</blockquote></p><p> “If demand is red hot, their job is to lean against it regardless of whether it shows up as surging payrolls or surging excess demand for labor.”</p><p><blockquote>“如果需求炙手可热，他们的工作就是依靠它，无论它表现为就业人数激增还是劳动力过剩需求激增。”</blockquote></p><p> The recent bullishness in the U.S. stock market has come as the U.S. faces its highest&nbsp;daily death count from COVID&nbsp;in six months, with nearly a quarter of the U.S. population still refusing to get vaccinated despite widespread availability in America.</p><p><blockquote>美国股市最近的看涨正值美国面临六个月来最高的每日新冠死亡人数，尽管疫苗在美国广泛接种，但仍有近四分之一的美国人口拒绝接种。</blockquote></p><p> In a renewed push to halt COVID’s toll, President Joe Biden in a Thursday&nbsp;White House speech&nbsp;unveiled a 6-part plan to defeat “the pandemic of the unvaccinated,” which has been filling up hospital emergency rooms and leaving others without access to medical care.</p><p><blockquote>美国总统乔·拜登（Joe Biden）在周四的白宫演讲中公布了一项由6部分组成的计划，以击败“未接种疫苗者的疫情”，该计划一直挤满医院急诊室，使其他人无法获得医疗护理。</blockquote></p><p> <b>Rough patch</b></p><p><blockquote><b>粗糙补丁</b></blockquote></p><p> While it has been smooth sailing for investors this year, with the S&amp;P 500 index up almost 19%, a rough patch likely lies ahead.</p><p><blockquote>尽管今年投资者一帆风顺，标普500指数上涨了近19%，但未来可能会遇到困难。</blockquote></p><p> The Dow Jones Industrial Average&nbsp;shed 2.2% for the week, while the S&amp;P 500 Index&nbsp;ended the week down 1.7%, booking the ugliest weekly declines since June 18. The Nasdaq Composite Index&nbsp;retreated by 1.6%.</p><p><blockquote>道琼斯工业平均指数本周下跌2.2%，而标普500指数本周收盘下跌1.7%，创下6月18日以来最糟糕的单周跌幅。纳斯达克综合指数下跌1.6%。</blockquote></p><p> With stock-market valuations at “historically extreme” levels,a Deutsche Bank analyst said on Friday&nbsp;that the risk of a “hard” correction is growing.</p><p><blockquote>随着股市估值处于“历史极端”水平，德意志银行分析师周五表示，“硬”调整的风险正在增加。</blockquote></p><p> In addition, there could be several waves of the coronavirus’ delta variant and the threat of other strains to follow, but also the potential for a significant leadership change when Chairman Powell’s term expires in January.</p><p><blockquote>此外，可能会出现几波冠状病毒的德尔塔变异毒株，以及随之而来的其他毒株的威胁，而且当鲍威尔主席的任期在1月份到期时，领导层也有可能发生重大变化。</blockquote></p><p></p><p> Since August, Orlando has been bracing for a 5% to 10% pullback in stocks through October, something which has not happened since November 2020 and which could take the S&amp;P 500 down below its 200-day moving average of about 4,000. However, after that clears, he expects the index to top 4,800 around year-end, with a 5,300 forecast for 2022.</p><p><blockquote>自8月以来，Orlando一直在为10月份股市回调5%至10%做好准备，这是自2020年11月以来从未发生过的情况，这可能会使标普500跌破约4,000点的200天移动平均线。然而，在这一情况明朗后，他预计该指数将在年底左右突破4,800点，预计2022年将达到5,300点。</blockquote></p><p> <b>Debt test</b></p><p><blockquote><b>债务测试</b></blockquote></p><p> Another test of U.S. financial conditions has been playing out in real time for borrowers in the near $11 trillion corporate bond market, where the first part of&nbsp;a September financing blitz&nbsp;has been going off without a hitch.</p><p><blockquote>对美国金融状况的另一项考验正在近11万亿美元的公司债券市场的借款人实时上演，9月份融资闪电战的第一部分进展顺利。</blockquote></p><p> The week of the U.S. Labor Day holiday smashed&nbsp;daily records&nbsp;for the number of investment-grade companies&nbsp;borrowing in the bond market, mainly with an eye to lock in cheap funding ahead of any volatility before year-end.</p><p><blockquote>美国劳动节假期这一周打破了投资级公司在债券市场借款数量的每日记录，主要是为了在年底前出现波动之前锁定廉价资金。</blockquote></p><p> “It really speaks to the resilience of the market in terms of its ability to digest this volume of corporate credit transactions, despite the deluge,” said U.S. Bank’s James Whang, co-head of the credit fixed income and the municipal product group.</p><p><blockquote>合众银行信贷固定收益和市政产品组联席主管James Whang表示：“尽管发生了洪水，但市场消化大量企业信贷交易量的能力确实证明了市场的弹性。”</blockquote></p><p> Spreads in both the U.S. investment-grade&nbsp;and high-yield, or “junk bond,” market have been hovering near all-time lows, even as the Fed sells the remainder of its pandemic holdings of corporate bonds.</p><p><blockquote>美国投资级债券和高收益债券（即“垃圾债券”）市场的利差一直徘徊在历史低点附近，尽管美联储出售了其在疫情期间持有的剩余公司债券。</blockquote></p><p> “I think concerns around tapering are a little overplayed,” Whang told MarketWatch. “I don’t think the Fed would do anything to constrain economic growth, when there still is a fair amount of uncertainty around delta.”</p><p><blockquote>“我认为对缩减购债规模的担忧有点被夸大了，”Whang告诉MarketWatch。“我认为美联储不会采取任何措施来限制经济增长，因为达美航空仍存在相当大的不确定性。”</blockquote></p><p> In the week ahead,U.S. economic data&nbsp;will be focused on Tuesday’s cost of living reading via the Consumer Price Index and Core CPI for August. Then, it is more jobs data on Thursday, while Friday brings the preliminary University of Michigan’s consumer sentiment index for Sept.</p><p><blockquote>未来一周，美国。经济数据将重点关注周二通过8月份消费者价格指数和核心CPI公布的生活成本数据。然后，周四将公布更多就业数据，而周五将公布密歇根大学9月份消费者信心指数初值。</blockquote></p><p></p>","source":"lsy1603348471595","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>When the Fed finally steps back, can the U.S. stock and bond markets stand on their own legs?<blockquote>当美联储最终退一步，美国股市和债市能否自立？</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\">\nWhen the Fed finally steps back, can the U.S. stock and bond markets stand on their own legs?<blockquote>当美联储最终退一步，美国股市和债市能否自立？</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">MarketWatch</strong><span class=\"h-time small\">2021-09-13 15:00</span>\n</p>\n</h4>\n</header>\n<article>\n<p>“I think concerns around tapering are a little overplayed,” says U.S. Bank’s co-head of the credit fixed income</p><p><blockquote>合众银行信贷固定收益联席主管表示：“我认为对缩减购债规模的担忧有点被夸大了。”</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/6b5563e4c98a09c2bf9623579e271b5c\" tg-width=\"700\" tg-height=\"487\" width=\"100%\" height=\"auto\"><span>The Federal Reserve is expected to follow the ECB and begin reducing its arsenal of support for markets during the pandemic.</span></p><p><blockquote><p class=\"t-img-caption\"><span>预计美联储将效仿欧洲央行，开始减少疫情期间对市场的支持。</span></p></blockquote></p><p> Financial markets have staged a dramatic turnaround in the roughly 18 months since global central banks sent in the cavalry, with U.S. stocks climbing to dizzying heights and&nbsp;corporations raking in record profit.</p><p><blockquote>自全球央行派出骑兵以来的大约18个月里，金融市场发生了戏剧性的转变，美国股市攀升至令人眼花缭乱的高度，企业利润创历史新高。</blockquote></p><p> The big question heading into this fall is whether markets can stand on their own legs once the Federal Reserve starts to pull back its pandemic firepower.</p><p><blockquote>进入今年秋天的一个大问题是，一旦美联储开始收回疫情火力，市场能否自立。</blockquote></p><p> For its part, the European Central Bank this week announced plans to&nbsp;recall some of its pandemic monetary support&nbsp;for financial markets, raising expectations for the Fed to soon follow in its footsteps.</p><p><blockquote>就欧洲央行而言，本周宣布计划召回对金融市场的部分疫情货币支持，这提高了人们对美联储很快效仿的预期。</blockquote></p><p> While ECB President Christine Lagarde said the pullback didn’t amount to a “tapering,” but was instead a mere recalibration of stimulus efforts, the decision was still viewed as a significant step.</p><p><blockquote>尽管欧洲央行行长克里斯蒂娜·拉加德表示，此次缩减并不等于“缩减”，而只是对刺激措施的重新调整，但这一决定仍被视为重要的一步。</blockquote></p><p> When the pandemic struck the global economy in 2020 central banks embarked on large-scale asset purchases and vowed to keep interest rates near historically low levels to help heal their economies and keep credit flowing during the COVID crisis.</p><p><blockquote>当疫情在2020年袭击全球经济时，各国央行开始大规模资产购买，并发誓要将利率保持在接近历史低位的水平，以帮助在新冠危机期间治愈经济并保持信贷流动。</blockquote></p><p> “The ECB has throwing down the gauntlet,” said Phil Orlando,&nbsp;chief equity market strategist at Federated Hermes, in a phone interview. “We are expecting a Fed taper announcement this year.”</p><p><blockquote>Federated Hermes首席股票市场策略师菲尔·奥兰多(Phil Orlando)在接受电话采访时表示：“欧洲央行已经发出了挑战。”“我们预计美联储今年将宣布缩减规模。”</blockquote></p><p> “To narrow it down, we are suggesting it is going to come on Nov. 3, which is the conclusion of the Fed’s two-day November meeting.”</p><p><blockquote>“为了缩小范围，我们建议将于11月3日举行，这是美联储为期两天的11月会议的结束。”</blockquote></p><p> He also expects a quick tapering process that ends by June of 2022, followed by a 75 basis point increase in the Fed’s benchmark interest rate by the end of 2023, up from the current 0% to 0.25% range.</p><p><blockquote>他还预计快速缩减进程将于2022年6月结束，随后美联储基准利率将在2023年底前从目前的0%至0.25%范围上调75个基点。</blockquote></p><p> <b>Vaccines, jobs, free markets</b></p><p><blockquote><b>疫苗、就业、自由市场</b></blockquote></p><p> Fed Chairman Powell often has tied the pace of the U.S. economic recovery, and levels of central bank support, to the coronavirus, vaccinations and labor market conditions.</p><p><blockquote>美联储主席鲍威尔经常将美国经济复苏的步伐和央行的支持水平与冠状病毒、疫苗接种和劳动力市场状况联系起来。</blockquote></p><p> As a result Federated Hermes’ Orlando expects no decision on tapering the Fed’s $120 billion in monthly asset purchases at the central bank’s Sept. 21-22 policy meeting. “The reason for that is that the&nbsp;August jobs report&nbsp;was terrible. It missed by a half million jobs relative to consensus,” he said.</p><p><blockquote>因此，Federated Hermes的奥兰多预计美联储在9月21日至22日的政策会议上不会就缩减每月1200亿美元的资产购买做出决定。“原因是八月份的就业报告很糟糕。相对于共识，它少了50万个工作岗位，”他说。</blockquote></p><p> Labor market conditions are expected to improve in the next few months, given the expiration of the extra $300 a week in unemployment benefits and&nbsp;record job openings.</p><p><blockquote>鉴于每周额外300美元的失业救济金到期以及创纪录的职位空缺，预计未来几个月劳动力市场状况将有所改善。</blockquote></p><p> BofA Global summed up “perhaps the most underappreciated statistic in the jobs market” in this Friday chart, showing how job openings now outpace people seeing work.</p><p><blockquote>美国银行全球在本周五的图表中总结了“也许是就业市场上最被低估的统计数据”，显示了现在职位空缺的速度如何超过了人们看到工作的速度。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/163dfc3b7920a2dd61d0b008a817bfd4\" tg-width=\"700\" tg-height=\"459\" width=\"100%\" height=\"auto\"><span>Job openings outpace seekers BOFA GLOBAL, BLS</span></p><p><blockquote><p class=\"t-img-caption\"><span>职位空缺超过求职者美国银行全球、劳工统计局</span></p></blockquote></p><p> “The Fed is pointing to the labor market statistics as a reason to delay tapering,” Ethan Harris and BofA’s global rates and currencies research team wrote. “We don’t&nbsp;agree.”</p><p><blockquote>伊森·哈里斯和美国银行全球利率和货币研究团队写道：“美联储指出劳动力市场统计数据是推迟缩减规模的原因。”“我们不同意。”</blockquote></p><p> “If demand is red hot, their job is to lean against it regardless of whether it shows up as surging payrolls or surging excess demand for labor.”</p><p><blockquote>“如果需求炙手可热，他们的工作就是依靠它，无论它表现为就业人数激增还是劳动力过剩需求激增。”</blockquote></p><p> The recent bullishness in the U.S. stock market has come as the U.S. faces its highest&nbsp;daily death count from COVID&nbsp;in six months, with nearly a quarter of the U.S. population still refusing to get vaccinated despite widespread availability in America.</p><p><blockquote>美国股市最近的看涨正值美国面临六个月来最高的每日新冠死亡人数，尽管疫苗在美国广泛接种，但仍有近四分之一的美国人口拒绝接种。</blockquote></p><p> In a renewed push to halt COVID’s toll, President Joe Biden in a Thursday&nbsp;White House speech&nbsp;unveiled a 6-part plan to defeat “the pandemic of the unvaccinated,” which has been filling up hospital emergency rooms and leaving others without access to medical care.</p><p><blockquote>美国总统乔·拜登（Joe Biden）在周四的白宫演讲中公布了一项由6部分组成的计划，以击败“未接种疫苗者的疫情”，该计划一直挤满医院急诊室，使其他人无法获得医疗护理。</blockquote></p><p> <b>Rough patch</b></p><p><blockquote><b>粗糙补丁</b></blockquote></p><p> While it has been smooth sailing for investors this year, with the S&amp;P 500 index up almost 19%, a rough patch likely lies ahead.</p><p><blockquote>尽管今年投资者一帆风顺，标普500指数上涨了近19%，但未来可能会遇到困难。</blockquote></p><p> The Dow Jones Industrial Average&nbsp;shed 2.2% for the week, while the S&amp;P 500 Index&nbsp;ended the week down 1.7%, booking the ugliest weekly declines since June 18. The Nasdaq Composite Index&nbsp;retreated by 1.6%.</p><p><blockquote>道琼斯工业平均指数本周下跌2.2%，而标普500指数本周收盘下跌1.7%，创下6月18日以来最糟糕的单周跌幅。纳斯达克综合指数下跌1.6%。</blockquote></p><p> With stock-market valuations at “historically extreme” levels,a Deutsche Bank analyst said on Friday&nbsp;that the risk of a “hard” correction is growing.</p><p><blockquote>随着股市估值处于“历史极端”水平，德意志银行分析师周五表示，“硬”调整的风险正在增加。</blockquote></p><p> In addition, there could be several waves of the coronavirus’ delta variant and the threat of other strains to follow, but also the potential for a significant leadership change when Chairman Powell’s term expires in January.</p><p><blockquote>此外，可能会出现几波冠状病毒的德尔塔变异毒株，以及随之而来的其他毒株的威胁，而且当鲍威尔主席的任期在1月份到期时，领导层也有可能发生重大变化。</blockquote></p><p></p><p> Since August, Orlando has been bracing for a 5% to 10% pullback in stocks through October, something which has not happened since November 2020 and which could take the S&amp;P 500 down below its 200-day moving average of about 4,000. However, after that clears, he expects the index to top 4,800 around year-end, with a 5,300 forecast for 2022.</p><p><blockquote>自8月以来，Orlando一直在为10月份股市回调5%至10%做好准备，这是自2020年11月以来从未发生过的情况，这可能会使标普500跌破约4,000点的200天移动平均线。然而，在这一情况明朗后，他预计该指数将在年底左右突破4,800点，预计2022年将达到5,300点。</blockquote></p><p> <b>Debt test</b></p><p><blockquote><b>债务测试</b></blockquote></p><p> Another test of U.S. financial conditions has been playing out in real time for borrowers in the near $11 trillion corporate bond market, where the first part of&nbsp;a September financing blitz&nbsp;has been going off without a hitch.</p><p><blockquote>对美国金融状况的另一项考验正在近11万亿美元的公司债券市场的借款人实时上演，9月份融资闪电战的第一部分进展顺利。</blockquote></p><p> The week of the U.S. Labor Day holiday smashed&nbsp;daily records&nbsp;for the number of investment-grade companies&nbsp;borrowing in the bond market, mainly with an eye to lock in cheap funding ahead of any volatility before year-end.</p><p><blockquote>美国劳动节假期这一周打破了投资级公司在债券市场借款数量的每日记录，主要是为了在年底前出现波动之前锁定廉价资金。</blockquote></p><p> “It really speaks to the resilience of the market in terms of its ability to digest this volume of corporate credit transactions, despite the deluge,” said U.S. Bank’s James Whang, co-head of the credit fixed income and the municipal product group.</p><p><blockquote>合众银行信贷固定收益和市政产品组联席主管James Whang表示：“尽管发生了洪水，但市场消化大量企业信贷交易量的能力确实证明了市场的弹性。”</blockquote></p><p> Spreads in both the U.S. investment-grade&nbsp;and high-yield, or “junk bond,” market have been hovering near all-time lows, even as the Fed sells the remainder of its pandemic holdings of corporate bonds.</p><p><blockquote>美国投资级债券和高收益债券（即“垃圾债券”）市场的利差一直徘徊在历史低点附近，尽管美联储出售了其在疫情期间持有的剩余公司债券。</blockquote></p><p> “I think concerns around tapering are a little overplayed,” Whang told MarketWatch. “I don’t think the Fed would do anything to constrain economic growth, when there still is a fair amount of uncertainty around delta.”</p><p><blockquote>“我认为对缩减购债规模的担忧有点被夸大了，”Whang告诉MarketWatch。“我认为美联储不会采取任何措施来限制经济增长，因为达美航空仍存在相当大的不确定性。”</blockquote></p><p> In the week ahead,U.S. economic data&nbsp;will be focused on Tuesday’s cost of living reading via the Consumer Price Index and Core CPI for August. Then, it is more jobs data on Thursday, while Friday brings the preliminary University of Michigan’s consumer sentiment index for Sept.</p><p><blockquote>未来一周，美国。经济数据将重点关注周二通过8月份消费者价格指数和核心CPI公布的生活成本数据。然后，周四将公布更多就业数据，而周五将公布密歇根大学9月份消费者信心指数初值。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.marketwatch.com/story/when-the-fed-finally-steps-back-can-the-u-s-stock-and-bond-markets-stand-on-their-own-legs-11631321996?mod=home-page\">MarketWatch</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite",".DJI":"道琼斯"},"source_url":"https://www.marketwatch.com/story/when-the-fed-finally-steps-back-can-the-u-s-stock-and-bond-markets-stand-on-their-own-legs-11631321996?mod=home-page","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2167305501","content_text":"“I think concerns around tapering are a little overplayed,” says U.S. Bank’s co-head of the credit fixed income\nThe Federal Reserve is expected to follow the ECB and begin reducing its arsenal of support for markets during the pandemic.\nFinancial markets have staged a dramatic turnaround in the roughly 18 months since global central banks sent in the cavalry, with U.S. stocks climbing to dizzying heights and corporations raking in record profit.\nThe big question heading into this fall is whether markets can stand on their own legs once the Federal Reserve starts to pull back its pandemic firepower.\nFor its part, the European Central Bank this week announced plans to recall some of its pandemic monetary support for financial markets, raising expectations for the Fed to soon follow in its footsteps.\nWhile ECB President Christine Lagarde said the pullback didn’t amount to a “tapering,” but was instead a mere recalibration of stimulus efforts, the decision was still viewed as a significant step.\nWhen the pandemic struck the global economy in 2020 central banks embarked on large-scale asset purchases and vowed to keep interest rates near historically low levels to help heal their economies and keep credit flowing during the COVID crisis.\n“The ECB has throwing down the gauntlet,” said Phil Orlando, chief equity market strategist at Federated Hermes, in a phone interview. “We are expecting a Fed taper announcement this year.”\n“To narrow it down, we are suggesting it is going to come on Nov. 3, which is the conclusion of the Fed’s two-day November meeting.”\nHe also expects a quick tapering process that ends by June of 2022, followed by a 75 basis point increase in the Fed’s benchmark interest rate by the end of 2023, up from the current 0% to 0.25% range.\nVaccines, jobs, free markets\nFed Chairman Powell often has tied the pace of the U.S. economic recovery, and levels of central bank support, to the coronavirus, vaccinations and labor market conditions.\nAs a result Federated Hermes’ Orlando expects no decision on tapering the Fed’s $120 billion in monthly asset purchases at the central bank’s Sept. 21-22 policy meeting. “The reason for that is that the August jobs report was terrible. It missed by a half million jobs relative to consensus,” he said.\nLabor market conditions are expected to improve in the next few months, given the expiration of the extra $300 a week in unemployment benefits and record job openings.\nBofA Global summed up “perhaps the most underappreciated statistic in the jobs market” in this Friday chart, showing how job openings now outpace people seeing work.\nJob openings outpace seekers BOFA GLOBAL, BLS\n“The Fed is pointing to the labor market statistics as a reason to delay tapering,” Ethan Harris and BofA’s global rates and currencies research team wrote. “We don’t agree.”\n“If demand is red hot, their job is to lean against it regardless of whether it shows up as surging payrolls or surging excess demand for labor.”\nThe recent bullishness in the U.S. stock market has come as the U.S. faces its highest daily death count from COVID in six months, with nearly a quarter of the U.S. population still refusing to get vaccinated despite widespread availability in America.\nIn a renewed push to halt COVID’s toll, President Joe Biden in a Thursday White House speech unveiled a 6-part plan to defeat “the pandemic of the unvaccinated,” which has been filling up hospital emergency rooms and leaving others without access to medical care.\nRough patch\nWhile it has been smooth sailing for investors this year, with the S&P 500 index up almost 19%, a rough patch likely lies ahead.\nThe Dow Jones Industrial Average shed 2.2% for the week, while the S&P 500 Index ended the week down 1.7%, booking the ugliest weekly declines since June 18. The Nasdaq Composite Index retreated by 1.6%.\nWith stock-market valuations at “historically extreme” levels,a Deutsche Bank analyst said on Friday that the risk of a “hard” correction is growing.\nIn addition, there could be several waves of the coronavirus’ delta variant and the threat of other strains to follow, but also the potential for a significant leadership change when Chairman Powell’s term expires in January.\nSince August, Orlando has been bracing for a 5% to 10% pullback in stocks through October, something which has not happened since November 2020 and which could take the S&P 500 down below its 200-day moving average of about 4,000. However, after that clears, he expects the index to top 4,800 around year-end, with a 5,300 forecast for 2022.\nDebt test\nAnother test of U.S. financial conditions has been playing out in real time for borrowers in the near $11 trillion corporate bond market, where the first part of a September financing blitz has been going off without a hitch.\nThe week of the U.S. Labor Day holiday smashed daily records for the number of investment-grade companies borrowing in the bond market, mainly with an eye to lock in cheap funding ahead of any volatility before year-end.\n“It really speaks to the resilience of the market in terms of its ability to digest this volume of corporate credit transactions, despite the deluge,” said U.S. Bank’s James Whang, co-head of the credit fixed income and the municipal product group.\nSpreads in both the U.S. investment-grade and high-yield, or “junk bond,” market have been hovering near all-time lows, even as the Fed sells the remainder of its pandemic holdings of corporate bonds.\n“I think concerns around tapering are a little overplayed,” Whang told MarketWatch. “I don’t think the Fed would do anything to constrain economic growth, when there still is a fair amount of uncertainty around delta.”\nIn the week ahead,U.S. economic data will be focused on Tuesday’s cost of living reading via the Consumer Price Index and Core CPI for August. Then, it is more jobs data on Thursday, while Friday brings the preliminary University of Michigan’s consumer sentiment index for Sept.","news_type":1,"symbols_score_info":{".SPX":0.9,".DJI":0.9,".IXIC":0.9}},"isVote":1,"tweetType":1,"viewCount":326,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":881979744,"gmtCreate":1631287876788,"gmtModify":1631884570982,"author":{"id":"3583719339427406","authorId":"3583719339427406","name":"Robinshk","avatar":"https://static.tigerbbs.com/c1089a1858cf641f8680d8015659c00d","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3583719339427406","idStr":"3583719339427406"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/MMAT\">$Meta Materials Inc.(MMAT)$</a>Up","listText":"<a href=\"https://laohu8.com/S/MMAT\">$Meta Materials Inc.(MMAT)$</a>Up","text":"$Meta Materials Inc.(MMAT)$Up","images":[{"img":"https://static.tigerbbs.com/aa511be4542bf8395627081af2379e93","width":"1125","height":"1949"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/881979744","isVote":1,"tweetType":1,"viewCount":461,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":811228805,"gmtCreate":1630328328307,"gmtModify":1704958499047,"author":{"id":"3583719339427406","authorId":"3583719339427406","name":"Robinshk","avatar":"https://static.tigerbbs.com/c1089a1858cf641f8680d8015659c00d","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3583719339427406","idStr":"3583719339427406"},"themes":[],"htmlText":"Pls comment and like&nbsp;","listText":"Pls comment and like&nbsp;","text":"Pls comment and like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/811228805","repostId":"2163776380","repostType":4,"isVote":1,"tweetType":1,"viewCount":439,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}