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2021-07-28

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2021-07-21

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2021-07-10

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US IPO Week Ahead: Real estate, post-pandemic plays and more in an 9 IPO week<blockquote>美国IPO周：9周IPO中的房地产、大流行后游戏等</blockquote>

2021-08-02

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NIO delivered 7,931 vehicles in July 2021, and rose 1% in premarket trading<blockquote>蔚来2021年7月交付7,931辆汽车，盘前交易上涨1%</blockquote>

2021-07-05

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Is the Stock Market Open or Closed on Independence Day?<blockquote>独立日股票市场是开放还是关闭？</blockquote>

2021-07-27

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Snap Stock: One Of Fastest Growing Social Media Companies<blockquote>Snap股票：增长最快的社交媒体公司之一</blockquote>

2021-07-26

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2021-07-16

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2021-07-08

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2021-07-07

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pls&nbsp;","listText":"Like pls&nbsp;","text":"Like pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/816162666","repostId":"2164869989","repostType":4,"isVote":1,"tweetType":1,"viewCount":1483,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":805522471,"gmtCreate":1627893104093,"gmtModify":1631890255988,"author":{"id":"3585112551047037","authorId":"3585112551047037","name":"nhwk","avatar":"https://static.tigerbbs.com/6c30e5ca56e66441b191f6d576d8fe16","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3585112551047037","idStr":"3585112551047037"},"themes":[],"htmlText":"Like pls&nbsp;","listText":"Like pls&nbsp;","text":"Like pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/805522471","repostId":"1193646270","repostType":4,"repost":{"id":"1193646270","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":1627891794,"share":"https://www.laohu8.com/m/news/1193646270?lang=zh_CN&edition=full","pubTime":"2021-08-02 16:09","market":"us","language":"en","title":"NIO delivered 7,931 vehicles in July 2021, and rose 1% in premarket trading<blockquote>蔚来2021年7月交付7,931辆汽车，盘前交易上涨1%</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1193646270","media":"Tiger Newspress","summary":" $NIO Inc.$ delivered 7,931 vehicles in July 2021, representing a strong 124.5% year-over-year growth. 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As of July 31, 2021, cumulative deliveries of the ES8, ES6 and EC6 reached 125,528 vehicles.</p><p><blockquote>（8月2日）<a href=\"https://laohu8.com/S/NIO\">蔚来</a>2021年7月交付7,931辆汽车，同比强劲增长124.5%。交付量包括1,702辆ES8（该公司的六座或七座旗舰高级智能电动SUV）、3,669辆ES6（该公司的五座高性能高级智能电动SUV）以及2,560辆EC6（该公司的五座高级智能电动轿跑SUV）。截至2021年7月31日，ES8、ES6和EC6的累计交付量达到125,528辆。</blockquote></p><p> NIO rose about 1% in premarket trading.</p><p><blockquote>蔚来在盘前交易中上涨约1%。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/29ee37756815b9785621385b00cfc549\" tg-width=\"629\" tg-height=\"520\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>NIO delivered 7,931 vehicles in July 2021, and rose 1% in premarket trading<blockquote>蔚来2021年7月交付7,931辆汽车，盘前交易上涨1%</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\">\nNIO delivered 7,931 vehicles in July 2021, and rose 1% in premarket trading<blockquote>蔚来2021年7月交付7,931辆汽车，盘前交易上涨1%</blockquote>\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time smaller\">2021-08-02 16:09</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>(August&nbsp;2)&nbsp;<a href=\"https://laohu8.com/S/NIO\">NIO Inc.</a> delivered 7,931 vehicles in July 2021, representing a strong 124.5% year-over-year growth. The deliveries consisted of 1,702 ES8s, the Company’s six-seater or seven-seater flagship premium smart electric SUV, 3,669 ES6s, the Company’s five-seater high-performance premium smart electric SUV, and 2,560 EC6s, the Company’s five-seater premium smart electric coupe SUV. As of July 31, 2021, cumulative deliveries of the ES8, ES6 and EC6 reached 125,528 vehicles.</p><p><blockquote>（8月2日）<a href=\"https://laohu8.com/S/NIO\">蔚来</a>2021年7月交付7,931辆汽车，同比强劲增长124.5%。交付量包括1,702辆ES8（该公司的六座或七座旗舰高级智能电动SUV）、3,669辆ES6（该公司的五座高性能高级智能电动SUV）以及2,560辆EC6（该公司的五座高级智能电动轿跑SUV）。截至2021年7月31日，ES8、ES6和EC6的累计交付量达到125,528辆。</blockquote></p><p> NIO rose about 1% in premarket trading.</p><p><blockquote>蔚来在盘前交易中上涨约1%。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/29ee37756815b9785621385b00cfc549\" tg-width=\"629\" tg-height=\"520\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NIO":"蔚来"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1193646270","content_text":"(August 2) NIO Inc. delivered 7,931 vehicles in July 2021, representing a strong 124.5% year-over-year growth. The deliveries consisted of 1,702 ES8s, the Company’s six-seater or seven-seater flagship premium smart electric SUV, 3,669 ES6s, the Company’s five-seater high-performance premium smart electric SUV, and 2,560 EC6s, the Company’s five-seater premium smart electric coupe SUV. As of July 31, 2021, cumulative deliveries of the ES8, ES6 and EC6 reached 125,528 vehicles.\nNIO rose about 1% in premarket trading.","news_type":1,"symbols_score_info":{"NIO":0.9}},"isVote":1,"tweetType":1,"viewCount":1355,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":806683365,"gmtCreate":1627653546157,"gmtModify":1631890256000,"author":{"id":"3585112551047037","authorId":"3585112551047037","name":"nhwk","avatar":"https://static.tigerbbs.com/6c30e5ca56e66441b191f6d576d8fe16","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3585112551047037","idStr":"3585112551047037"},"themes":[],"htmlText":"Like pls","listText":"Like pls","text":"Like pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/806683365","repostId":"1125288486","repostType":4,"isVote":1,"tweetType":1,"viewCount":1746,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":801924247,"gmtCreate":1627480393689,"gmtModify":1631890256010,"author":{"id":"3585112551047037","authorId":"3585112551047037","name":"nhwk","avatar":"https://static.tigerbbs.com/6c30e5ca56e66441b191f6d576d8fe16","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3585112551047037","idStr":"3585112551047037"},"themes":[],"htmlText":"✌🏻","listText":"✌🏻","text":"✌🏻","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/801924247","repostId":"1153282663","repostType":4,"repost":{"id":"1153282663","kind":"news","pubTimestamp":1627478554,"share":"https://www.laohu8.com/m/news/1153282663?lang=zh_CN&edition=full","pubTime":"2021-07-28 21:22","market":"us","language":"en","title":"2 Reddit-Favorite Stocks That Are More Than A Meme<blockquote>Reddit上最受欢迎的2只股票，它们不仅仅是一个迷因</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1153282663","media":"TheStreet","summary":"Shares of SOFI and WISH are popular among Redditors. But decent fundamentals suggest that both compa","content":"<p>Shares of SOFI and WISH are popular among Redditors. But decent fundamentals suggest that both companies are more than meme stock candidates.</p><p><blockquote>SOFI和WISH的股票在Reddit用户中很受欢迎。但良好的基本面表明，这两家公司不仅仅是模因股票的候选者。</blockquote></p><p> Meme stocks are generally characterized by (1) their popularity among retail investors and (2) business fundamentals that are often short of pristine. High short interest along with Reddit popularity, among other reasons, are usually the main forces driving meme mania.</p><p><blockquote>模因股票的一般特点是（1）它们在散户投资者中很受欢迎，以及（2）商业基本面往往不够原始。除其他原因外，高空头兴趣以及Reddit的受欢迎程度通常是推动模因狂热的主要力量。</blockquote></p><p> Today, Wall Street Memes talks about SoFI&nbsp;and ContextLogic, two companies that are cherished by the meme crowd. Beyond mere popularity, however, both have been showcasing decent fundamentals within two growing segments.</p><p><blockquote>今天，华尔街模因谈论SoFI和ContextLogic，这两家深受模因人群喜爱的公司。然而，除了受欢迎之外，两者都在两个不断增长的细分市场中展示了良好的基本面。</blockquote></p><p> <b>$SOFI - SoFi: a profitable fintech</b></p><p><blockquote><b>$SOFI-SOFI：盈利的金融科技</b></blockquote></p><p> Fintech company SoFi has been standing out among its peers. This emerging industry has been serving as an alternative to large banks and financial institutions. Growth of 25% in the sector is expected by 2022,accordingto third-party data.</p><p><blockquote>金融科技公司SoFi一直在同行中脱颖而出。这个新兴行业一直是大型银行和金融机构的替代品。根据第三方数据，预计到2022年该行业将增长25%。</blockquote></p><p> <ul>  <li><b>Solid results and still growing</b></li> </ul> SoFi has been delivering the goods. The company has reported revenues of nearly $750 million in the last 12 months, representing 151% year-over-year growth. SoFi also stands out in fintech for being profitable, a hard feat to achieve in the space due to the low-fee model.</p><p><blockquote><ul><li><b>业绩稳健且仍在增长</b></li></ul>SoFi一直在送货。该公司报告过去12个月的收入接近7.5亿美元，同比增长151%。SoFi还因其盈利而在金融科技领域脱颖而出，由于其低费用模式，这在该领域很难实现。</blockquote></p><p> The company has posted positive EBITDA for three consecutive quarters, with the last period showing $70 million year-over-year growth. In B2B, subsidiary Galileo posted triple-digit growth in the last quarter of more than 100% year-over-year.</p><p><blockquote>该公司已连续三个季度实现正EBITDA，上一期同比增长7000万美元。在B2B领域，子公司Galileo上个季度实现了三位数增长，同比增长超过100%。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/2cc16c8213992ed5a1991602e22cfe81\" tg-width=\"918\" tg-height=\"495\" width=\"100%\" height=\"auto\"><span>Figure 1: SOFI adjusted EBITDA.</span></p><p><blockquote><p class=\"t-img-caption\"><span>图1：SOFI调整后EBITDA。</span></p></blockquote></p><p> <ul>  <li><b>What Wall Street has been saying</b></li> </ul> According to Yahoo Finance, two analysts support a buy recommendation on SOFI with a target price of $27.50. Oppenheimer with a target price of $25seesupside potential at 55%.</p><p><blockquote><ul><li><b>华尔街一直在说什么</b></li></ul>据雅虎财经报道，两位分析师支持SOFI的买入建议，目标价为27.50美元。奥本海默目标价为25美元，上涨潜力为55%。</blockquote></p><p> As mentioned by the analyst, customer acquisition, cross-sell and market share capture are opportunities provided by SoFi’s assets. Also, a unique consumer-facing platform is a differentiator in consumer lending.</p><p><blockquote>正如分析师提到的，客户获取、交叉销售和市场份额占领是SoFi资产提供的机会。此外，独特的面向消费者的平台是消费贷款的一个差异化因素。</blockquote></p><p> Even more optimistic is Rosenblatt Securities. The firm assigns a target price at $30, predicting 86% upside. The reasons for bullishness,according&nbsp;to the analyst, are summarized as \"well positioned to capture a significant amount of value”.</p><p><blockquote>更为乐观的是罗森布拉特证券。该公司将目标价定为30美元，预计上涨86%。这位分析师表示，看涨的原因可以概括为“处于有利地位，可以获取大量价值”。</blockquote></p><p> The most recent take on SOFI stock came from Jim Cramer.According&nbsp;to him, shares are only one dollar away from his own target price.</p><p><blockquote>Jim Cramer对SOFI股票的最新看法。据他称，股价距离他自己的目标价仅差一美元。</blockquote></p><p>   “I think SoFi should be done going down soon. I mean, stocks stop at zero. This thing has just been a nightmare, and [CEO] Anthony Noto is better than that. It’s at $15. I’m a buyer at the $14 level.”  <b>$WISH - ContextLogic: promising e-commerce</b></p><p><blockquote>“我认为SoFi应该很快就会结束下跌。我的意思是，股票停在零。这件事简直就是一场噩梦，[首席执行官]安东尼·诺托(Anthony Noto)比这更好。它的价格是15美元。我是14美元水平的买家。”<b>$wish-contextlogic：有前途的电子商务</b></blockquote></p><p> ContextLogic, the company that operates Wish.com, is a low-cost e-commerce marketplace used by more than 1 million merchants. Much of Wish’s business comes from China, the merchants’ main distributor country.</p><p><blockquote>运营Wish.com的公司ContextLogic是一个低成本电子商务市场，有超过100万商家使用。Wish的大部分业务来自中国，这是该商家的主要分销国。</blockquote></p><p> <ul>  <li><b>Recent financial performance</b></li> </ul> In the company's most recent earnings release, ContextLogic reported robust revenue growth of 76% year-over-year, beating analysts’ top line expectations of $743 million. However, high marketing and sales costs led to negative margins and a large net loss: EPS of -0.21 vs. -0.18 estimated by Wall Street.</p><p><blockquote><ul><li><b>近期财务表现</b></li></ul>在该公司最新的财报中，ContextLogic报告收入同比强劲增长76%，超出了分析师7.43亿美元的营收预期。然而，高昂的营销和销售成本导致了负利润率和巨额净亏损：每股收益为-0.21，而华尔街估计为-0.18。</blockquote></p><p> As far as the retail space is concerned,a research report suggests&nbsp;that e-commerce is likely to flourish beyond the COVID-19 crisis. It is estimated that US online sales will grow by $865 billion in 2021, a 13% increase over a pandemic year that was already ideal for e-commerce.</p><p><blockquote>就零售领域而言，一份研究报告表明，电子商务可能会在新冠肺炎危机之后蓬勃发展。据估计，2021年美国在线销售额将增长8650亿美元，比已经是电子商务理想的疫情年增长13%。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/9812b44f162e5ea65a862b07e9152aef\" tg-width=\"870\" tg-height=\"282\" width=\"100%\" height=\"auto\"><span>Figure 2: WISH FY21 Q1 Revenue and net loss.</span></p><p><blockquote><p class=\"t-img-caption\"><span>图2：WISH 2021财年第一季度收入和净亏损。</span></p></blockquote></p><p> <ul>  <li><b>What Wall Street has been saying</b></li> </ul> According to TipRanks, 6 analysts have assigned a moderate buy recommendation on WISH in the past 3 months. The consensus price target is $16, suggesting an upside opportunity of around 70%. Despite overall optimism among analysts, the latest takes have been more cautious.</p><p><blockquote><ul><li><b>华尔街一直在说什么</b></li></ul>根据TipRanks的数据，过去3个月有6位分析师对WISH给予了适度买入建议。一致目标价为16美元，表明上涨机会约为70%。尽管分析师总体持乐观态度，但最新的看法却更加谨慎。</blockquote></p><p> Evercore ISI recently&nbsp;downgraded&nbsp;its recommendation from buy to hold. According to the analyst, the resignation of Wish’s tenured CFO after the IPO can be bearish for the stock. However, the analyst still sees 42% of upside potential.</p><p><blockquote>Evercore ISI最近将其推荐评级从买入下调至持有。该分析师表示，Wish终身首席财务官在IPO后辞职可能会利空该股。然而，分析师仍认为有42%的上涨潜力。</blockquote></p><p> The latest take came from Bank Of America, and it was another downgrade to neutral. The analyst&nbsp;noted&nbsp;that, in the first couple of quarters since the IPO, the customer acquisition strategy led to lower customer growth relative to prior estimates. Also, he added that U.S. stimulus in the first half of the year did not have the expected benefit on the company’s sales.</p><p><blockquote>最新的观点来自美国银行，再次将评级下调至中性。该分析师指出，自IPO以来的前几个季度，客户获取策略导致客户增长低于之前的预期。此外，他补充说，美国上半年的刺激措施并没有对公司的销售产生预期的好处。</blockquote></p><p></p><p> As a side note, WISH currently has a fairly elevated short interest ratio of nearly 14%,according&nbsp;to Yahoo Finance – arguably making it more of a target of meme mania.</p><p><blockquote>顺便说一句，根据雅虎财经的数据，WISH目前的空头利率相当高，接近14%，这可以说使其更成为迷因狂热的目标。</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>2 Reddit-Favorite Stocks That Are More Than A Meme<blockquote>Reddit上最受欢迎的2只股票，它们不仅仅是一个迷因</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\">\n2 Reddit-Favorite Stocks That Are More Than A Meme<blockquote>Reddit上最受欢迎的2只股票，它们不仅仅是一个迷因</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">TheStreet</strong><span class=\"h-time small\">2021-07-28 21:22</span>\n</p>\n</h4>\n</header>\n<article>\n<p>Shares of SOFI and WISH are popular among Redditors. But decent fundamentals suggest that both companies are more than meme stock candidates.</p><p><blockquote>SOFI和WISH的股票在Reddit用户中很受欢迎。但良好的基本面表明，这两家公司不仅仅是模因股票的候选者。</blockquote></p><p> Meme stocks are generally characterized by (1) their popularity among retail investors and (2) business fundamentals that are often short of pristine. High short interest along with Reddit popularity, among other reasons, are usually the main forces driving meme mania.</p><p><blockquote>模因股票的一般特点是（1）它们在散户投资者中很受欢迎，以及（2）商业基本面往往不够原始。除其他原因外，高空头兴趣以及Reddit的受欢迎程度通常是推动模因狂热的主要力量。</blockquote></p><p> Today, Wall Street Memes talks about SoFI&nbsp;and ContextLogic, two companies that are cherished by the meme crowd. Beyond mere popularity, however, both have been showcasing decent fundamentals within two growing segments.</p><p><blockquote>今天，华尔街模因谈论SoFI和ContextLogic，这两家深受模因人群喜爱的公司。然而，除了受欢迎之外，两者都在两个不断增长的细分市场中展示了良好的基本面。</blockquote></p><p> <b>$SOFI - SoFi: a profitable fintech</b></p><p><blockquote><b>$SOFI-SOFI：盈利的金融科技</b></blockquote></p><p> Fintech company SoFi has been standing out among its peers. This emerging industry has been serving as an alternative to large banks and financial institutions. Growth of 25% in the sector is expected by 2022,accordingto third-party data.</p><p><blockquote>金融科技公司SoFi一直在同行中脱颖而出。这个新兴行业一直是大型银行和金融机构的替代品。根据第三方数据，预计到2022年该行业将增长25%。</blockquote></p><p> <ul>  <li><b>Solid results and still growing</b></li> </ul> SoFi has been delivering the goods. The company has reported revenues of nearly $750 million in the last 12 months, representing 151% year-over-year growth. SoFi also stands out in fintech for being profitable, a hard feat to achieve in the space due to the low-fee model.</p><p><blockquote><ul><li><b>业绩稳健且仍在增长</b></li></ul>SoFi一直在送货。该公司报告过去12个月的收入接近7.5亿美元，同比增长151%。SoFi还因其盈利而在金融科技领域脱颖而出，由于其低费用模式，这在该领域很难实现。</blockquote></p><p> The company has posted positive EBITDA for three consecutive quarters, with the last period showing $70 million year-over-year growth. In B2B, subsidiary Galileo posted triple-digit growth in the last quarter of more than 100% year-over-year.</p><p><blockquote>该公司已连续三个季度实现正EBITDA，上一期同比增长7000万美元。在B2B领域，子公司Galileo上个季度实现了三位数增长，同比增长超过100%。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/2cc16c8213992ed5a1991602e22cfe81\" tg-width=\"918\" tg-height=\"495\" width=\"100%\" height=\"auto\"><span>Figure 1: SOFI adjusted EBITDA.</span></p><p><blockquote><p class=\"t-img-caption\"><span>图1：SOFI调整后EBITDA。</span></p></blockquote></p><p> <ul>  <li><b>What Wall Street has been saying</b></li> </ul> According to Yahoo Finance, two analysts support a buy recommendation on SOFI with a target price of $27.50. Oppenheimer with a target price of $25seesupside potential at 55%.</p><p><blockquote><ul><li><b>华尔街一直在说什么</b></li></ul>据雅虎财经报道，两位分析师支持SOFI的买入建议，目标价为27.50美元。奥本海默目标价为25美元，上涨潜力为55%。</blockquote></p><p> As mentioned by the analyst, customer acquisition, cross-sell and market share capture are opportunities provided by SoFi’s assets. Also, a unique consumer-facing platform is a differentiator in consumer lending.</p><p><blockquote>正如分析师提到的，客户获取、交叉销售和市场份额占领是SoFi资产提供的机会。此外，独特的面向消费者的平台是消费贷款的一个差异化因素。</blockquote></p><p> Even more optimistic is Rosenblatt Securities. The firm assigns a target price at $30, predicting 86% upside. The reasons for bullishness,according&nbsp;to the analyst, are summarized as \"well positioned to capture a significant amount of value”.</p><p><blockquote>更为乐观的是罗森布拉特证券。该公司将目标价定为30美元，预计上涨86%。这位分析师表示，看涨的原因可以概括为“处于有利地位，可以获取大量价值”。</blockquote></p><p> The most recent take on SOFI stock came from Jim Cramer.According&nbsp;to him, shares are only one dollar away from his own target price.</p><p><blockquote>Jim Cramer对SOFI股票的最新看法。据他称，股价距离他自己的目标价仅差一美元。</blockquote></p><p>   “I think SoFi should be done going down soon. I mean, stocks stop at zero. This thing has just been a nightmare, and [CEO] Anthony Noto is better than that. It’s at $15. I’m a buyer at the $14 level.”  <b>$WISH - ContextLogic: promising e-commerce</b></p><p><blockquote>“我认为SoFi应该很快就会结束下跌。我的意思是，股票停在零。这件事简直就是一场噩梦，[首席执行官]安东尼·诺托(Anthony Noto)比这更好。它的价格是15美元。我是14美元水平的买家。”<b>$wish-contextlogic：有前途的电子商务</b></blockquote></p><p> ContextLogic, the company that operates Wish.com, is a low-cost e-commerce marketplace used by more than 1 million merchants. Much of Wish’s business comes from China, the merchants’ main distributor country.</p><p><blockquote>运营Wish.com的公司ContextLogic是一个低成本电子商务市场，有超过100万商家使用。Wish的大部分业务来自中国，这是该商家的主要分销国。</blockquote></p><p> <ul>  <li><b>Recent financial performance</b></li> </ul> In the company's most recent earnings release, ContextLogic reported robust revenue growth of 76% year-over-year, beating analysts’ top line expectations of $743 million. However, high marketing and sales costs led to negative margins and a large net loss: EPS of -0.21 vs. -0.18 estimated by Wall Street.</p><p><blockquote><ul><li><b>近期财务表现</b></li></ul>在该公司最新的财报中，ContextLogic报告收入同比强劲增长76%，超出了分析师7.43亿美元的营收预期。然而，高昂的营销和销售成本导致了负利润率和巨额净亏损：每股收益为-0.21，而华尔街估计为-0.18。</blockquote></p><p> As far as the retail space is concerned,a research report suggests&nbsp;that e-commerce is likely to flourish beyond the COVID-19 crisis. It is estimated that US online sales will grow by $865 billion in 2021, a 13% increase over a pandemic year that was already ideal for e-commerce.</p><p><blockquote>就零售领域而言，一份研究报告表明，电子商务可能会在新冠肺炎危机之后蓬勃发展。据估计，2021年美国在线销售额将增长8650亿美元，比已经是电子商务理想的疫情年增长13%。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/9812b44f162e5ea65a862b07e9152aef\" tg-width=\"870\" tg-height=\"282\" width=\"100%\" height=\"auto\"><span>Figure 2: WISH FY21 Q1 Revenue and net loss.</span></p><p><blockquote><p class=\"t-img-caption\"><span>图2：WISH 2021财年第一季度收入和净亏损。</span></p></blockquote></p><p> <ul>  <li><b>What Wall Street has been saying</b></li> </ul> According to TipRanks, 6 analysts have assigned a moderate buy recommendation on WISH in the past 3 months. The consensus price target is $16, suggesting an upside opportunity of around 70%. Despite overall optimism among analysts, the latest takes have been more cautious.</p><p><blockquote><ul><li><b>华尔街一直在说什么</b></li></ul>根据TipRanks的数据，过去3个月有6位分析师对WISH给予了适度买入建议。一致目标价为16美元，表明上涨机会约为70%。尽管分析师总体持乐观态度，但最新的看法却更加谨慎。</blockquote></p><p> Evercore ISI recently&nbsp;downgraded&nbsp;its recommendation from buy to hold. According to the analyst, the resignation of Wish’s tenured CFO after the IPO can be bearish for the stock. However, the analyst still sees 42% of upside potential.</p><p><blockquote>Evercore ISI最近将其推荐评级从买入下调至持有。该分析师表示，Wish终身首席财务官在IPO后辞职可能会利空该股。然而，分析师仍认为有42%的上涨潜力。</blockquote></p><p> The latest take came from Bank Of America, and it was another downgrade to neutral. The analyst&nbsp;noted&nbsp;that, in the first couple of quarters since the IPO, the customer acquisition strategy led to lower customer growth relative to prior estimates. Also, he added that U.S. stimulus in the first half of the year did not have the expected benefit on the company’s sales.</p><p><blockquote>最新的观点来自美国银行，再次将评级下调至中性。该分析师指出，自IPO以来的前几个季度，客户获取策略导致客户增长低于之前的预期。此外，他补充说，美国上半年的刺激措施并没有对公司的销售产生预期的好处。</blockquote></p><p></p><p> As a side note, WISH currently has a fairly elevated short interest ratio of nearly 14%,according&nbsp;to Yahoo Finance – arguably making it more of a target of meme mania.</p><p><blockquote>顺便说一句，根据雅虎财经的数据，WISH目前的空头利率相当高，接近14%，这可以说使其更成为迷因狂热的目标。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.thestreet.com/memestocks/other-memes/2-reddit-favorite-stocks-that-are-more-than-a-meme\">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":{"SOFI":"SoFi Technologies Inc."},"source_url":"https://www.thestreet.com/memestocks/other-memes/2-reddit-favorite-stocks-that-are-more-than-a-meme","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1153282663","content_text":"Shares of SOFI and WISH are popular among Redditors. But decent fundamentals suggest that both companies are more than meme stock candidates.\nMeme stocks are generally characterized by (1) their popularity among retail investors and (2) business fundamentals that are often short of pristine. High short interest along with Reddit popularity, among other reasons, are usually the main forces driving meme mania.\nToday, Wall Street Memes talks about SoFI and ContextLogic, two companies that are cherished by the meme crowd. Beyond mere popularity, however, both have been showcasing decent fundamentals within two growing segments.\n$SOFI - SoFi: a profitable fintech\nFintech company SoFi has been standing out among its peers. This emerging industry has been serving as an alternative to large banks and financial institutions. Growth of 25% in the sector is expected by 2022,accordingto third-party data.\n\nSolid results and still growing\n\nSoFi has been delivering the goods. The company has reported revenues of nearly $750 million in the last 12 months, representing 151% year-over-year growth. SoFi also stands out in fintech for being profitable, a hard feat to achieve in the space due to the low-fee model.\nThe company has posted positive EBITDA for three consecutive quarters, with the last period showing $70 million year-over-year growth. In B2B, subsidiary Galileo posted triple-digit growth in the last quarter of more than 100% year-over-year.\nFigure 1: SOFI adjusted EBITDA.\n\nWhat Wall Street has been saying\n\nAccording to Yahoo Finance, two analysts support a buy recommendation on SOFI with a target price of $27.50. Oppenheimer with a target price of $25seesupside potential at 55%.\nAs mentioned by the analyst, customer acquisition, cross-sell and market share capture are opportunities provided by SoFi’s assets. Also, a unique consumer-facing platform is a differentiator in consumer lending.\nEven more optimistic is Rosenblatt Securities. The firm assigns a target price at $30, predicting 86% upside. The reasons for bullishness,according to the analyst, are summarized as \"well positioned to capture a significant amount of value”.\nThe most recent take on SOFI stock came from Jim Cramer.According to him, shares are only one dollar away from his own target price.\n\n “I think SoFi should be done going down soon. I mean, stocks stop at zero. This thing has just been a nightmare, and [CEO] Anthony Noto is better than that. It’s at $15. I’m a buyer at the $14 level.”\n\n$WISH - ContextLogic: promising e-commerce\nContextLogic, the company that operates Wish.com, is a low-cost e-commerce marketplace used by more than 1 million merchants. Much of Wish’s business comes from China, the merchants’ main distributor country.\n\nRecent financial performance\n\nIn the company's most recent earnings release, ContextLogic reported robust revenue growth of 76% year-over-year, beating analysts’ top line expectations of $743 million. However, high marketing and sales costs led to negative margins and a large net loss: EPS of -0.21 vs. -0.18 estimated by Wall Street.\nAs far as the retail space is concerned,a research report suggests that e-commerce is likely to flourish beyond the COVID-19 crisis. It is estimated that US online sales will grow by $865 billion in 2021, a 13% increase over a pandemic year that was already ideal for e-commerce.\nFigure 2: WISH FY21 Q1 Revenue and net loss.\n\nWhat Wall Street has been saying\n\nAccording to TipRanks, 6 analysts have assigned a moderate buy recommendation on WISH in the past 3 months. The consensus price target is $16, suggesting an upside opportunity of around 70%. Despite overall optimism among analysts, the latest takes have been more cautious.\nEvercore ISI recently downgraded its recommendation from buy to hold. According to the analyst, the resignation of Wish’s tenured CFO after the IPO can be bearish for the stock. However, the analyst still sees 42% of upside potential.\nThe latest take came from Bank Of America, and it was another downgrade to neutral. The analyst noted that, in the first couple of quarters since the IPO, the customer acquisition strategy led to lower customer growth relative to prior estimates. Also, he added that U.S. stimulus in the first half of the year did not have the expected benefit on the company’s sales.\nAs a side note, WISH currently has a fairly elevated short interest ratio of nearly 14%,according to Yahoo Finance – arguably making it more of a target of meme mania.","news_type":1,"symbols_score_info":{"SOFI":0.9,"WISH":0.9}},"isVote":1,"tweetType":1,"viewCount":1906,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":801926905,"gmtCreate":1627480253407,"gmtModify":1631890256022,"author":{"id":"3585112551047037","authorId":"3585112551047037","name":"nhwk","avatar":"https://static.tigerbbs.com/6c30e5ca56e66441b191f6d576d8fe16","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3585112551047037","idStr":"3585112551047037"},"themes":[],"htmlText":"Good&nbsp;","listText":"Good&nbsp;","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/801926905","repostId":"1102922788","repostType":4,"repost":{"id":"1102922788","kind":"news","pubTimestamp":1627479526,"share":"https://www.laohu8.com/m/news/1102922788?lang=zh_CN&edition=full","pubTime":"2021-07-28 21:38","market":"us","language":"en","title":"Fed Meeting Will Focus on Tapering Timeline.<blockquote>美联储会议将重点讨论缩减时间表。</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1102922788","media":"The Wall Street Journal","summary":"Officials are looking to forge consensus on how and when to eventually reduce their asset purchases\n","content":"<p>Officials are looking to forge consensus on how and when to eventually reduce their asset purchases</p><p><blockquote>官员们正在寻求就如何以及何时最终减少资产购买达成共识</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/b506b5e7aef3659e57731a13007a3078\" tg-width=\"1290\" tg-height=\"859\" width=\"100%\" height=\"auto\"><span>Fed Chairman Jerome Powell, who spoke at a Senate committee hearing earlier this month, has promised ample notice before reducing purchases of securities.</span></p><p><blockquote><p class=\"t-img-caption\"><span>美联储主席杰罗姆·鲍威尔本月早些时候在参议院委员会听证会上发表讲话，承诺在减少证券购买之前会发出充分的通知。</span></p></blockquote></p><p> Federal Reserve officials are set to resume deliberations Wednesday about how and when to begin&nbsp;paring their asset purchases&nbsp;amid an economic rebound clouded by supply-chain bottlenecks and rising Covid-19 cases.</p><p><blockquote>美联储官员将于周三恢复审议，讨论在供应链瓶颈和Covid-19病例增加的情况下，如何以及何时开始削减资产购买。</blockquote></p><p> The central bank at the end of last year said it would continue to purchase $120 billion in Treasurys and mortgage-backed securities monthly until officials deemed they had achieved “substantial further progress” toward their goals of low unemployment and inflation reaching their 2% goal.</p><p><blockquote>央行去年年底表示，将继续每月购买1200亿美元的美国国债和抵押贷款支持证券，直到官员们认为他们在实现低失业率和通胀率达到2%的目标方面取得了“实质性的进一步进展”。</blockquote></p><p> The Fed will release its policy statement at 2 p.m. EDT. Most of the focus is likely to center on Chairman Jerome Powell’s news conference at 2:30 p.m. Here’s what to watch:</p><p><blockquote>美联储将于美国东部时间下午2点发布政策声明。大部分焦点可能集中在下午2:30主席杰罗姆·鲍威尔(Jerome Powell)的新闻发布会上。以下是值得关注的内容：</blockquote></p><p> <b>Taper timing</b></p><p><blockquote><b>锥度正时</b></blockquote></p><p> Officials are likely to receive a formal staff briefing around when to start paring their monthly purchases of $80 billion in Treasury securities and $40 billion in mortgage securities, and how quickly to reduce, or taper, them.</p><p><blockquote>官员们可能会收到正式的工作人员简报，内容涉及何时开始削减每月800亿美元国债和400亿美元抵押贷款证券的购买量，以及以多快的速度减少或缩减这些购买量。</blockquote></p><p> The Fed began buying large quantities of the securities in March 2020, when the Covid-19 pandemic triggered a near-meltdown in financial markets. With the Fed’s short-term interest rate at zero, the purchases are designed to provide additional stimulus by holding down long-term interest rates.</p><p><blockquote>美联储于2020年3月开始购买大量证券，当时Covid-19大流行引发金融市场几近崩溃。由于美联储的短期利率为零，购买旨在通过压低长期利率来提供额外的刺激。</blockquote></p><p> Some officials are concerned&nbsp;that a burst of inflation this year from bottlenecks associated with reopening the economy will prove more durable than previously anticipated. These policy makers are eager to start the taper, in part because they and their colleagues have said they aren’t likely to consider raising interest rates from near zero until they are done tapering the asset purchases.</p><p><blockquote>一些官员担心，今年因与重新开放经济相关的瓶颈而引发的通胀爆发将比之前预期的更持久。这些政策制定者渴望开始缩减，部分原因是他们和他们的同事表示，在完成缩减资产购买之前，他们不太可能考虑将利率从接近零的水平上调。</blockquote></p><p> Another camp thinks recent&nbsp;price pressures will subside&nbsp;and could leave the Fed in the same position that it faced for much of the past decade, in which global forces kept inflation below 2% even with historically low interest rates. They are worried that accelerating plans to wind down the asset purchases could raise questions among investors about the Fed’s commitment to achieving its economic goals.</p><p><blockquote>另一个阵营认为，最近的价格压力将会消退，并可能使美联储陷入过去十年大部分时间所面临的境地，即即使利率处于历史低位，全球力量仍将通胀率保持在2%以下。他们担心，加速缩减资产购买计划可能会引发投资者对美联储实现经济目标承诺的质疑。</blockquote></p><p> Because Mr. Powell has pledged&nbsp;to provide ample notice&nbsp;to financial markets before the Fed starts tapering&nbsp;to avoid catching investors by surprise, the central bank looks unlikely to start the process now or at its next meeting in September. Mr. Powell’s press conference will be heavily scrutinized for clues on how officials judge recent economic progress. In April, he said the Fed was “a long way from” its tapering goals, and he characterized the economy as “still a ways off” from them in June.</p><p><blockquote>由于鲍威尔承诺在美联储开始缩减规模之前向金融市场发出充分通知，以避免让投资者措手不及，因此美联储现在或在9月份的下一次会议上似乎不太可能启动这一进程。鲍威尔的新闻发布会将受到严格审查，以寻找有关官员如何判断近期经济进展的线索。4月份，他表示美联储距离缩减目标“还有很长的路要走”，6月份他称经济距离目标“还有很长的路要走”。</blockquote></p><p> <b>Purchase pace</b></p><p><blockquote><b>购买节奏</b></blockquote></p><p> Officials also must consider the pace of any reductions. Some officials have discussed concluding the purchases around October 2022 so they could lift rates soon thereafter if the recovery is stronger or inflation is higher than now anticipated.</p><p><blockquote>官员们还必须考虑任何削减的速度。一些官员已经讨论过在2022年10月左右结束购买，以便如果复苏更强劲或通胀高于目前预期，他们可以在此后很快加息。</blockquote></p><p> During a prior asset-purchase program that ended in 2014, the Fed shrank its purchases in modest, equal amounts over the course of 10 months. It then waited another 14 months before raising interest rates.</p><p><blockquote>在2014年结束的上一次资产购买计划中，美联储在10个月内适度、等量地缩减了购买规模。然后又等了14个月才加息。</blockquote></p><p> Another tactical question centers on whether&nbsp;to reduce the pace of Treasurys and mortgage-backed securities equally. Some officials have raised concerns about rising home prices and are pressing to stop purchases of mortgage bonds sooner.</p><p><blockquote>另一个战术问题集中在是否同样降低美国国债和抵押贷款支持证券的发行速度。一些官员对房价上涨表示担忧，并敦促尽快停止购买抵押贷款债券。</blockquote></p><p> But Mr. Powell and other officials have poured cold water on those concerns in recent weeks. They have said mortgage buying, by purchasing longer-dated assets, provides a way to more broadly stimulate the economy and isn’t focused squarely on housing markets.</p><p><blockquote>但鲍威尔和其他官员最近几周对这些担忧泼了冷水。他们表示，通过购买长期资产，抵押贷款购买提供了一种更广泛地刺激经济的方式，并且并不直接关注房地产市场。</blockquote></p><p> “If the housing market has you really worried, that’s an argument for just tapering everything sooner and faster,” said William English, a former senior Fed economist who is now a professor at the Yale School of Management.</p><p><blockquote>前美联储高级经济学家、现任耶鲁大学管理学院教授威廉·英格利希(William English)表示：“如果房地产市场真的让你担心，那么这就是越来越快地缩减一切的理由。”</blockquote></p><p> <b>Inflation outlook</b></p><p><blockquote><b>通胀前景</b></blockquote></p><p> For a third straight month in June,inflation ran hotter&nbsp;than many economists had expected. The Labor Department’s consumer-price index increased 5.4% from a year ago, the highest 12-month rate since August 2008.</p><p><blockquote>6月份通胀连续第三个月高于许多经济学家的预期。美国劳工部的消费者价格指数同比上涨5.4%，为2008年8月以来的12个月最高水平。</blockquote></p><p> Mr. Powell said two weeks ago that&nbsp;many of the elevated price pressures&nbsp;can still be traced to goods and services affected by supply-chain bottlenecks and other pandemic-driven upheaval. As a result, he said it would be too soon for the Fed to abandon its earlier expectation that prices will return to their 2% target on their own and to raise rates to cool down demand and reduce inflation faster.</p><p><blockquote>鲍威尔两周前表示，许多价格上涨压力仍然可以追溯到受供应链瓶颈和其他大流行引发的动荡影响的商品和服务。因此，他表示，美联储放弃早先的预期，即物价将自行回到2%的目标，并加息以更快地冷却需求和降低通胀，还为时过早。</blockquote></p><p></p><p> But Mr. Powell could face questions over how long the central bank and its 12-member rate-setting committee feels it would take to revisit their projections. Price pressures in some sectors of the economy where inflation had been subdued over the past year, including residential rents, have picked in recent months.</p><p><blockquote>但鲍威尔可能会面临以下问题：央行及其由12名成员组成的利率制定委员会认为需要多长时间才能重新审视他们的预测。过去一年通胀较低的一些经济领域（包括住宅租金）的价格压力在近几个月有所加剧。</blockquote></p><p> <b>Delta variant</b></p><p><blockquote><b>德尔塔变异毒株</b></blockquote></p><p> Mr. Powell is also likely to be pressed on how the recent increase in Covid-19 cases among unvaccinated populations could reshape the central bank’s growth forecasts for the rest of the year. While a return to shutdowns and other state-mandated restrictions on activity seem less likely than a year ago, increased hesitancy on the part of consumers to return to normal spending routines could complicate the economic outlook.</p><p><blockquote>鲍威尔还可能面临压力，询问最近未接种疫苗人群中Covid-19病例的增加可能如何重塑央行今年剩余时间的增长预测。虽然与一年前相比，恢复停工和其他国家强制的活动限制似乎不太可能，但消费者对恢复正常支出的犹豫可能会使经济前景复杂化。</blockquote></p><p> Since Fed officials last met in June, government-bond prices have jumped, a sign that investors are less confident about long-term growth prospects and less worried about inflation.</p><p><blockquote>自美联储官员6月上次开会以来，政府债券价格大幅上涨，这表明投资者对长期增长前景的信心减弱，对通胀的担忧也减弱。</blockquote></p><p> Yields, which rise when bond prices fall, climbed sharply earlier in the year, lifted by expectations that vaccinations and fiscal stimulus would spur an economic boom. After hitting a 13-month high of 1.75% at the end of March, the 10-year Treasury yield has declined—to 1.57% on June 16, after the Fed concluded its previous meeting, and to 1.24%, a five-month low, when the Fed’s meeting began on Tuesday.</p><p><blockquote>受疫苗接种和财政刺激措施将刺激经济繁荣的预期提振，收益率在债券价格下跌时上升，今年早些时候大幅攀升。在3月底触及1.75%的13个月高点后，10年期国债收益率已下降——美联储结束上次会议后的6月16日跌至1.57%，并跌至五个月低点1.24%，周二美联储会议开始时。</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>Fed Meeting Will Focus on Tapering Timeline.<blockquote>美联储会议将重点讨论缩减时间表。</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nFed Meeting Will Focus on Tapering Timeline.<blockquote>美联储会议将重点讨论缩减时间表。</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">The Wall Street Journal</strong><span class=\"h-time small\">2021-07-28 21:38</span>\n</p>\n</h4>\n</header>\n<article>\n<p>Officials are looking to forge consensus on how and when to eventually reduce their asset purchases</p><p><blockquote>官员们正在寻求就如何以及何时最终减少资产购买达成共识</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/b506b5e7aef3659e57731a13007a3078\" tg-width=\"1290\" tg-height=\"859\" width=\"100%\" height=\"auto\"><span>Fed Chairman Jerome Powell, who spoke at a Senate committee hearing earlier this month, has promised ample notice before reducing purchases of securities.</span></p><p><blockquote><p class=\"t-img-caption\"><span>美联储主席杰罗姆·鲍威尔本月早些时候在参议院委员会听证会上发表讲话，承诺在减少证券购买之前会发出充分的通知。</span></p></blockquote></p><p> Federal Reserve officials are set to resume deliberations Wednesday about how and when to begin&nbsp;paring their asset purchases&nbsp;amid an economic rebound clouded by supply-chain bottlenecks and rising Covid-19 cases.</p><p><blockquote>美联储官员将于周三恢复审议，讨论在供应链瓶颈和Covid-19病例增加的情况下，如何以及何时开始削减资产购买。</blockquote></p><p> The central bank at the end of last year said it would continue to purchase $120 billion in Treasurys and mortgage-backed securities monthly until officials deemed they had achieved “substantial further progress” toward their goals of low unemployment and inflation reaching their 2% goal.</p><p><blockquote>央行去年年底表示，将继续每月购买1200亿美元的美国国债和抵押贷款支持证券，直到官员们认为他们在实现低失业率和通胀率达到2%的目标方面取得了“实质性的进一步进展”。</blockquote></p><p> The Fed will release its policy statement at 2 p.m. EDT. Most of the focus is likely to center on Chairman Jerome Powell’s news conference at 2:30 p.m. Here’s what to watch:</p><p><blockquote>美联储将于美国东部时间下午2点发布政策声明。大部分焦点可能集中在下午2:30主席杰罗姆·鲍威尔(Jerome Powell)的新闻发布会上。以下是值得关注的内容：</blockquote></p><p> <b>Taper timing</b></p><p><blockquote><b>锥度正时</b></blockquote></p><p> Officials are likely to receive a formal staff briefing around when to start paring their monthly purchases of $80 billion in Treasury securities and $40 billion in mortgage securities, and how quickly to reduce, or taper, them.</p><p><blockquote>官员们可能会收到正式的工作人员简报，内容涉及何时开始削减每月800亿美元国债和400亿美元抵押贷款证券的购买量，以及以多快的速度减少或缩减这些购买量。</blockquote></p><p> The Fed began buying large quantities of the securities in March 2020, when the Covid-19 pandemic triggered a near-meltdown in financial markets. With the Fed’s short-term interest rate at zero, the purchases are designed to provide additional stimulus by holding down long-term interest rates.</p><p><blockquote>美联储于2020年3月开始购买大量证券，当时Covid-19大流行引发金融市场几近崩溃。由于美联储的短期利率为零，购买旨在通过压低长期利率来提供额外的刺激。</blockquote></p><p> Some officials are concerned&nbsp;that a burst of inflation this year from bottlenecks associated with reopening the economy will prove more durable than previously anticipated. These policy makers are eager to start the taper, in part because they and their colleagues have said they aren’t likely to consider raising interest rates from near zero until they are done tapering the asset purchases.</p><p><blockquote>一些官员担心，今年因与重新开放经济相关的瓶颈而引发的通胀爆发将比之前预期的更持久。这些政策制定者渴望开始缩减，部分原因是他们和他们的同事表示，在完成缩减资产购买之前，他们不太可能考虑将利率从接近零的水平上调。</blockquote></p><p> Another camp thinks recent&nbsp;price pressures will subside&nbsp;and could leave the Fed in the same position that it faced for much of the past decade, in which global forces kept inflation below 2% even with historically low interest rates. They are worried that accelerating plans to wind down the asset purchases could raise questions among investors about the Fed’s commitment to achieving its economic goals.</p><p><blockquote>另一个阵营认为，最近的价格压力将会消退，并可能使美联储陷入过去十年大部分时间所面临的境地，即即使利率处于历史低位，全球力量仍将通胀率保持在2%以下。他们担心，加速缩减资产购买计划可能会引发投资者对美联储实现经济目标承诺的质疑。</blockquote></p><p> Because Mr. Powell has pledged&nbsp;to provide ample notice&nbsp;to financial markets before the Fed starts tapering&nbsp;to avoid catching investors by surprise, the central bank looks unlikely to start the process now or at its next meeting in September. Mr. Powell’s press conference will be heavily scrutinized for clues on how officials judge recent economic progress. In April, he said the Fed was “a long way from” its tapering goals, and he characterized the economy as “still a ways off” from them in June.</p><p><blockquote>由于鲍威尔承诺在美联储开始缩减规模之前向金融市场发出充分通知，以避免让投资者措手不及，因此美联储现在或在9月份的下一次会议上似乎不太可能启动这一进程。鲍威尔的新闻发布会将受到严格审查，以寻找有关官员如何判断近期经济进展的线索。4月份，他表示美联储距离缩减目标“还有很长的路要走”，6月份他称经济距离目标“还有很长的路要走”。</blockquote></p><p> <b>Purchase pace</b></p><p><blockquote><b>购买节奏</b></blockquote></p><p> Officials also must consider the pace of any reductions. Some officials have discussed concluding the purchases around October 2022 so they could lift rates soon thereafter if the recovery is stronger or inflation is higher than now anticipated.</p><p><blockquote>官员们还必须考虑任何削减的速度。一些官员已经讨论过在2022年10月左右结束购买，以便如果复苏更强劲或通胀高于目前预期，他们可以在此后很快加息。</blockquote></p><p> During a prior asset-purchase program that ended in 2014, the Fed shrank its purchases in modest, equal amounts over the course of 10 months. It then waited another 14 months before raising interest rates.</p><p><blockquote>在2014年结束的上一次资产购买计划中，美联储在10个月内适度、等量地缩减了购买规模。然后又等了14个月才加息。</blockquote></p><p> Another tactical question centers on whether&nbsp;to reduce the pace of Treasurys and mortgage-backed securities equally. Some officials have raised concerns about rising home prices and are pressing to stop purchases of mortgage bonds sooner.</p><p><blockquote>另一个战术问题集中在是否同样降低美国国债和抵押贷款支持证券的发行速度。一些官员对房价上涨表示担忧，并敦促尽快停止购买抵押贷款债券。</blockquote></p><p> But Mr. Powell and other officials have poured cold water on those concerns in recent weeks. They have said mortgage buying, by purchasing longer-dated assets, provides a way to more broadly stimulate the economy and isn’t focused squarely on housing markets.</p><p><blockquote>但鲍威尔和其他官员最近几周对这些担忧泼了冷水。他们表示，通过购买长期资产，抵押贷款购买提供了一种更广泛地刺激经济的方式，并且并不直接关注房地产市场。</blockquote></p><p> “If the housing market has you really worried, that’s an argument for just tapering everything sooner and faster,” said William English, a former senior Fed economist who is now a professor at the Yale School of Management.</p><p><blockquote>前美联储高级经济学家、现任耶鲁大学管理学院教授威廉·英格利希(William English)表示：“如果房地产市场真的让你担心，那么这就是越来越快地缩减一切的理由。”</blockquote></p><p> <b>Inflation outlook</b></p><p><blockquote><b>通胀前景</b></blockquote></p><p> For a third straight month in June,inflation ran hotter&nbsp;than many economists had expected. The Labor Department’s consumer-price index increased 5.4% from a year ago, the highest 12-month rate since August 2008.</p><p><blockquote>6月份通胀连续第三个月高于许多经济学家的预期。美国劳工部的消费者价格指数同比上涨5.4%，为2008年8月以来的12个月最高水平。</blockquote></p><p> Mr. Powell said two weeks ago that&nbsp;many of the elevated price pressures&nbsp;can still be traced to goods and services affected by supply-chain bottlenecks and other pandemic-driven upheaval. As a result, he said it would be too soon for the Fed to abandon its earlier expectation that prices will return to their 2% target on their own and to raise rates to cool down demand and reduce inflation faster.</p><p><blockquote>鲍威尔两周前表示，许多价格上涨压力仍然可以追溯到受供应链瓶颈和其他大流行引发的动荡影响的商品和服务。因此，他表示，美联储放弃早先的预期，即物价将自行回到2%的目标，并加息以更快地冷却需求和降低通胀，还为时过早。</blockquote></p><p></p><p> But Mr. Powell could face questions over how long the central bank and its 12-member rate-setting committee feels it would take to revisit their projections. Price pressures in some sectors of the economy where inflation had been subdued over the past year, including residential rents, have picked in recent months.</p><p><blockquote>但鲍威尔可能会面临以下问题：央行及其由12名成员组成的利率制定委员会认为需要多长时间才能重新审视他们的预测。过去一年通胀较低的一些经济领域（包括住宅租金）的价格压力在近几个月有所加剧。</blockquote></p><p> <b>Delta variant</b></p><p><blockquote><b>德尔塔变异毒株</b></blockquote></p><p> Mr. Powell is also likely to be pressed on how the recent increase in Covid-19 cases among unvaccinated populations could reshape the central bank’s growth forecasts for the rest of the year. While a return to shutdowns and other state-mandated restrictions on activity seem less likely than a year ago, increased hesitancy on the part of consumers to return to normal spending routines could complicate the economic outlook.</p><p><blockquote>鲍威尔还可能面临压力，询问最近未接种疫苗人群中Covid-19病例的增加可能如何重塑央行今年剩余时间的增长预测。虽然与一年前相比，恢复停工和其他国家强制的活动限制似乎不太可能，但消费者对恢复正常支出的犹豫可能会使经济前景复杂化。</blockquote></p><p> Since Fed officials last met in June, government-bond prices have jumped, a sign that investors are less confident about long-term growth prospects and less worried about inflation.</p><p><blockquote>自美联储官员6月上次开会以来，政府债券价格大幅上涨，这表明投资者对长期增长前景的信心减弱，对通胀的担忧也减弱。</blockquote></p><p> Yields, which rise when bond prices fall, climbed sharply earlier in the year, lifted by expectations that vaccinations and fiscal stimulus would spur an economic boom. After hitting a 13-month high of 1.75% at the end of March, the 10-year Treasury yield has declined—to 1.57% on June 16, after the Fed concluded its previous meeting, and to 1.24%, a five-month low, when the Fed’s meeting began on Tuesday.</p><p><blockquote>受疫苗接种和财政刺激措施将刺激经济繁荣的预期提振，收益率在债券价格下跌时上升，今年早些时候大幅攀升。在3月底触及1.75%的13个月高点后，10年期国债收益率已下降——美联储结束上次会议后的6月16日跌至1.57%，并跌至五个月低点1.24%，周二美联储会议开始时。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.wsj.com/articles/fed-meeting-will-focus-on-tapering-timeline-11627464602?mod=hp_lead_pos2\">The Wall Street Journal</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite",".DJI":"道琼斯",".SPX":"S&P 500 Index"},"source_url":"https://www.wsj.com/articles/fed-meeting-will-focus-on-tapering-timeline-11627464602?mod=hp_lead_pos2","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1102922788","content_text":"Officials are looking to forge consensus on how and when to eventually reduce their asset purchases\nFed Chairman Jerome Powell, who spoke at a Senate committee hearing earlier this month, has promised ample notice before reducing purchases of securities.\nFederal Reserve officials are set to resume deliberations Wednesday about how and when to begin paring their asset purchases amid an economic rebound clouded by supply-chain bottlenecks and rising Covid-19 cases.\nThe central bank at the end of last year said it would continue to purchase $120 billion in Treasurys and mortgage-backed securities monthly until officials deemed they had achieved “substantial further progress” toward their goals of low unemployment and inflation reaching their 2% goal.\nThe Fed will release its policy statement at 2 p.m. EDT. Most of the focus is likely to center on Chairman Jerome Powell’s news conference at 2:30 p.m. Here’s what to watch:\nTaper timing\nOfficials are likely to receive a formal staff briefing around when to start paring their monthly purchases of $80 billion in Treasury securities and $40 billion in mortgage securities, and how quickly to reduce, or taper, them.\nThe Fed began buying large quantities of the securities in March 2020, when the Covid-19 pandemic triggered a near-meltdown in financial markets. With the Fed’s short-term interest rate at zero, the purchases are designed to provide additional stimulus by holding down long-term interest rates.\nSome officials are concerned that a burst of inflation this year from bottlenecks associated with reopening the economy will prove more durable than previously anticipated. These policy makers are eager to start the taper, in part because they and their colleagues have said they aren’t likely to consider raising interest rates from near zero until they are done tapering the asset purchases.\nAnother camp thinks recent price pressures will subside and could leave the Fed in the same position that it faced for much of the past decade, in which global forces kept inflation below 2% even with historically low interest rates. They are worried that accelerating plans to wind down the asset purchases could raise questions among investors about the Fed’s commitment to achieving its economic goals.\nBecause Mr. Powell has pledged to provide ample notice to financial markets before the Fed starts tapering to avoid catching investors by surprise, the central bank looks unlikely to start the process now or at its next meeting in September. Mr. Powell’s press conference will be heavily scrutinized for clues on how officials judge recent economic progress. In April, he said the Fed was “a long way from” its tapering goals, and he characterized the economy as “still a ways off” from them in June.\nPurchase pace\nOfficials also must consider the pace of any reductions. Some officials have discussed concluding the purchases around October 2022 so they could lift rates soon thereafter if the recovery is stronger or inflation is higher than now anticipated.\nDuring a prior asset-purchase program that ended in 2014, the Fed shrank its purchases in modest, equal amounts over the course of 10 months. It then waited another 14 months before raising interest rates.\nAnother tactical question centers on whether to reduce the pace of Treasurys and mortgage-backed securities equally. Some officials have raised concerns about rising home prices and are pressing to stop purchases of mortgage bonds sooner.\nBut Mr. Powell and other officials have poured cold water on those concerns in recent weeks. They have said mortgage buying, by purchasing longer-dated assets, provides a way to more broadly stimulate the economy and isn’t focused squarely on housing markets.\n“If the housing market has you really worried, that’s an argument for just tapering everything sooner and faster,” said William English, a former senior Fed economist who is now a professor at the Yale School of Management.\nInflation outlook\nFor a third straight month in June,inflation ran hotter than many economists had expected. The Labor Department’s consumer-price index increased 5.4% from a year ago, the highest 12-month rate since August 2008.\nMr. Powell said two weeks ago that many of the elevated price pressures can still be traced to goods and services affected by supply-chain bottlenecks and other pandemic-driven upheaval. As a result, he said it would be too soon for the Fed to abandon its earlier expectation that prices will return to their 2% target on their own and to raise rates to cool down demand and reduce inflation faster.\nBut Mr. Powell could face questions over how long the central bank and its 12-member rate-setting committee feels it would take to revisit their projections. Price pressures in some sectors of the economy where inflation had been subdued over the past year, including residential rents, have picked in recent months.\nDelta variant\nMr. Powell is also likely to be pressed on how the recent increase in Covid-19 cases among unvaccinated populations could reshape the central bank’s growth forecasts for the rest of the year. While a return to shutdowns and other state-mandated restrictions on activity seem less likely than a year ago, increased hesitancy on the part of consumers to return to normal spending routines could complicate the economic outlook.\nSince Fed officials last met in June, government-bond prices have jumped, a sign that investors are less confident about long-term growth prospects and less worried about inflation.\nYields, which rise when bond prices fall, climbed sharply earlier in the year, lifted by expectations that vaccinations and fiscal stimulus would spur an economic boom. After hitting a 13-month high of 1.75% at the end of March, the 10-year Treasury yield has declined—to 1.57% on June 16, after the Fed concluded its previous meeting, and to 1.24%, a five-month low, when the Fed’s meeting began on Tuesday.","news_type":1,"symbols_score_info":{".IXIC":0.9,".SPX":0.9,".DJI":0.9}},"isVote":1,"tweetType":1,"viewCount":1961,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":801928398,"gmtCreate":1627480225414,"gmtModify":1631890256039,"author":{"id":"3585112551047037","authorId":"3585112551047037","name":"nhwk","avatar":"https://static.tigerbbs.com/6c30e5ca56e66441b191f6d576d8fe16","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3585112551047037","idStr":"3585112551047037"},"themes":[],"htmlText":"Like pls&nbsp;","listText":"Like pls&nbsp;","text":"Like pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/801928398","repostId":"1155605072","repostType":4,"isVote":1,"tweetType":1,"viewCount":2323,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":809488813,"gmtCreate":1627387245232,"gmtModify":1631890256048,"author":{"id":"3585112551047037","authorId":"3585112551047037","name":"nhwk","avatar":"https://static.tigerbbs.com/6c30e5ca56e66441b191f6d576d8fe16","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3585112551047037","idStr":"3585112551047037"},"themes":[],"htmlText":"Like pls&nbsp;","listText":"Like pls&nbsp;","text":"Like pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/809488813","repostId":"1118738178","repostType":4,"repost":{"id":"1118738178","kind":"news","pubTimestamp":1627385338,"share":"https://www.laohu8.com/m/news/1118738178?lang=zh_CN&edition=full","pubTime":"2021-07-27 19:28","market":"us","language":"en","title":"Snap Stock: One Of Fastest Growing Social Media Companies<blockquote>Snap股票：增长最快的社交媒体公司之一</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1118738178","media":"seekingalpha","summary":"Summary\n\nSnap had a high bar to cross to impress investors. And not only did its Q2 results succeed ","content":"<p><b>Summary</b></p><p><blockquote><b>总结</b></blockquote></p><p> <ul>  <li>Snap had a high bar to cross to impress investors. And not only did its Q2 results succeed but, looking out to its Q3 guidance, its prospects remain very attractive.</li>  <li>Snap's ARPU in North America was the highlight of its Q2 results.</li>  <li>Snap is not in the bargain basement. Hence, investors looking to buy at this stage will have to take a buy-and-hold investment strategy.</li> </ul> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/ce123df394d362ecf57640f1621162e3\" tg-width=\"1536\" tg-height=\"1024\" referrerpolicy=\"no-referrer\"><span>Geber86/E+ via Getty Images</span></p><p><blockquote><ul><li>Snap需要跨越很高的门槛才能给投资者留下深刻印象。不仅第二季度业绩取得成功，而且从第三季度指引来看，其前景仍然非常有吸引力。</li><li>Snap在北美的ARPU是其第二季度业绩的亮点。</li><li>Snap不在廉价地下室。因此，现阶段寻求买入的投资者必须采取买入并持有的投资策略。</li></ul><p class=\"t-img-caption\"><span>Geber86/E+来自盖蒂图片社</span></p></blockquote></p><p> <b>Investment Thesis</b></p><p><blockquote><b>投资论文</b></blockquote></p><p> Snap (SNAP) reported yet another impressive result and Q3 2021 guidance. And as we dig into its results, there are no obvious blemishes in the report. Snap continues growing its top line revenues at very strong rates, while its bottom line EBITDA growth is even more impressive.</p><p><blockquote>SNAP（SNAP）报告了另一项令人印象深刻的业绩和2021年第三季度指引。当我们深入研究其结果时，报告中没有明显的瑕疵。Snap的营收继续以非常强劲的速度增长，而其利润EBITDA增长则更加令人印象深刻。</blockquote></p><p> At 29x forward sales, the stock is not cheap. And investors considering this investment opportunity will have to adopt a very&nbsp;<i>strong-willed buy-and-hold investment strategy</i>. Because at this valuation, the stock is already pricing in a lot of future growth.</p><p><blockquote>以29倍的远期销售额计算，该股并不便宜。而考虑这一投资机会的投资者将不得不采取非常<i>意志坚定的买入并持有投资策略</i>.因为按照这个估值，该股已经消化了未来的大量增长。</blockquote></p><p> <b>Revenue Growth Rates Are Incredibly Strong</b></p><p><blockquote><b>收入增长率非常强劲</b></blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/72843b7d7a6cc562b484e25eac7cacbe\" tg-width=\"640\" tg-height=\"285\" referrerpolicy=\"no-referrer\"><span>Source: author's calculations; **high-end guidance</span></p><p><blockquote><p class=\"t-img-caption\"><span>资料来源：作者计算；**高端指导</span></p></blockquote></p><p> Q2 2021 was always going to look strong given just how weak the advertising industry found itself in the same period a year ago. Thus, Snap shareholders were clearly expecting a lot. But to see Snap come out with more than triple digits y/y revenue growth rates? That was particularly stunning.</p><p><blockquote>考虑到一年前同期广告业的疲软程度，2021年第二季度看起来总是很强劲。因此，Snap股东显然期望很高。但看到Snap的收入同比增长率超过三位数？这尤其令人震惊。</blockquote></p><p> Previously, I had noted that investors should look beyond&nbsp;Snap's maturing MAUs in North America, and look towards its International opportunity as its next wave of growth opportunities.</p><p><blockquote>此前，我曾指出，投资者应该超越Snap在北美成熟的月活跃用户数，将其国际机遇视为下一波增长机会。</blockquote></p><p> However, even though its overseas revenues were strong, the real driver of Snap's returns come from the pricing power of its North America users:</p><p><blockquote>然而，尽管海外收入强劲，但Snap回报的真正驱动力来自北美用户的定价能力：</blockquote></p><p> <img src=\"https://static.tigerbbs.com/95aca2444a479c7dc060c03d6bf0cec3\" tg-width=\"640\" tg-height=\"126\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p> In the table above, I've stripped out all the other details for us to focus our discussions around Snap's Average Revenue Per User (\"ARPU\"). As you can see, pricing in North America was the real driver of revenues, with ARPU up 116% y/y. Why is this important?</p><p><blockquote>在上表中，我已经剔除了所有其他细节，以便我们将讨论的重点放在Snap的每用户平均收入（“ARPU”）上。正如您所看到的，北美的定价是收入的真正驱动力，ARPU同比增长116%。为什么这很重要？</blockquote></p><p> It's important because it shows that, even on the back of just 6% y/y growth in DAUs in North America, advertisers are eager to reach out and connect with Snap's young demographic and pay up for that opportunity.</p><p><blockquote>这很重要，因为它表明，即使北美DAU同比仅增长6%，广告商也渴望接触和联系Snap的年轻人群，并为这个机会付费。</blockquote></p><p> <b>Could Spectacles be the Next Wave of Growth for Snap?</b></p><p><blockquote><b>眼镜会成为Snap的下一波增长吗？</b></blockquote></p><p> For some time, Snap has been making investors aware that it's moving beyond just a social media platform and that it's now looking to take its Augmented Reality technology and deploy it into hardware.</p><p><blockquote>一段时间以来，Snap一直在让投资者意识到，它正在超越社交媒体平台，现在正在寻求将其增强现实技术部署到硬件中。</blockquote></p><p> At first, this was met with investor skepticism. After all, Snap was taking an asset-light and lucrative business and pivoting towards a hardware revenue business, with lower margins.</p><p><blockquote>起初，这遭到了投资者的质疑。毕竟，Snap正在采取轻资产且利润丰厚的业务，并转向利润率较低的硬件收入业务。</blockquote></p><p> Indeed, it didn't make much sense why Snap would make such a move. Particularly given that Snap had, without any hardware investment, grown very successfully and built the necessary technology to spring off other manufacturers' capital investment into a business with nearly $4.5 billion in run-rate revenues as of Q4 2021.</p><p><blockquote>事实上，Snap为什么会做出这样的举动并没有多大意义。特别是考虑到Snap在没有任何硬件投资的情况下发展非常成功，并建立了必要的技术，将其他制造商的资本投资转化为截至2021年第四季度运行收入近45亿美元的业务。</blockquote></p><p> Having said that, Snap asserts that by further developing its&nbsp;Spectacles business unit, users can not only create more immersive content, but they will have access to other uses as well.</p><p><blockquote>话虽如此，Snap声称，通过进一步发展其眼镜业务部门，用户不仅可以创建更身临其境的内容，还可以访问其他用途。</blockquote></p><p> For instance, by using Spectacles, users can use AR try-on technology to emulate a physical shopping experience and get clothing with the right fit and the right size, to reduce the need for online returns.</p><p><blockquote>例如，通过使用眼镜，用户可以使用AR试穿技术来模拟实体购物体验，并获得合适尺寸的衣服，以减少在线退货的需求。</blockquote></p><p> The underlying idea is to increase user engagement and build an increased digital inventory of the users' life journeys. Other uses could be to increase the personalization of an online shopping experience.</p><p><blockquote>潜在的想法是增加用户参与度，并建立用户生活旅程的数字清单。其他用途可以是增加在线购物体验的个性化。</blockquote></p><p> This is something that is likely to resonate strongly with Snap's young demographic and offers Snap an opportunity to differentiate itself against other players in this space.</p><p><blockquote>这可能会引起Snap年轻人的强烈共鸣，并为Snap提供了在该领域与其他参与者区分开来的机会。</blockquote></p><p> While Snap is quick to note that this is not yet a fully-fledged solution, it's nevertheless a way to improve shoppers' online experience by making visualization personal and as close to real as possible.</p><p><blockquote>虽然Snap很快指出，这还不是一个成熟的解决方案，但它仍然是一种通过使可视化个性化并尽可能接近真实来改善购物者在线体验的方式。</blockquote></p><p> <i>Hence, the question investors have to answer is whether this is all already priced in or if there's still more upside potential?</i></p><p><blockquote><i>因此，投资者必须回答的问题是，这一切是否已经被定价，或者是否还有更多的上涨潜力？</i></blockquote></p><p> <b>SNAP Stock Valuation: Not Cheap</b></p><p><blockquote><b>SNAP股票估值：不便宜</b></blockquote></p><p></p><p> Snap is valued at approximately 29x forward sales. If we compare with Pinterest (PINS), which trades at approximately 19x forward sales, this reminds readers that a lot of excitement, optimism, expectation, and positive sentiment is evidently priced into Snap.</p><p><blockquote>Snap的估值约为远期销售额的29倍。如果我们与Pinterest(PINS)（其远期销售额约为19倍）进行比较，这提醒读者，Snap显然包含了很多兴奋、乐观、期望和积极情绪。</blockquote></p><p> On the other hand, shareholders may be quick to remark that even if Snap is richly valued, high quality and rapidly growing businesses rarely trade in the bargain basement -- particularly towards the end of a very long bull market.</p><p><blockquote>另一方面，股东可能很快就会注意到，即使Snap估值很高，高质量和快速增长的企业也很少以低价交易——尤其是在漫长的牛市即将结束时。</blockquote></p><p> Moreover, keep in mind that Snap is now signaling to investors that its multi-year investments are now paying fruit and this now marks the third quarter of adjusted EBITDA profitability over its trailing twelve months.</p><p><blockquote>此外，请记住，Snap现在向投资者发出信号，表明其多年投资正在取得成果，这标志着其过去12个月调整后EBITDA盈利能力的第三季度。</blockquote></p><p> Hence, if Snap's Q2 2021's 116% top line appears strong and caught many headlines, then Snap's adjusted EBITDA growth of more than 200% looks even better.</p><p><blockquote>因此，如果SNAP 2021年第二季度116%的营收显得强劲并成为许多头条新闻，那么Snap调整后EBITDA增长超过200%看起来就更好了。</blockquote></p><p> What's more, as we look out to its guidance next quarter, its bottom line EBITDA is expected to once again posttriple digits EBITDA growth y/y.</p><p><blockquote>更重要的是，当我们展望下一季度的指引时，其净利润EBITDA预计将再次实现三位数的EBITDA同比增长。</blockquote></p><p> <b>Premortem (Investment Risks)</b></p><p><blockquote><b>事前（投资风险）</b></blockquote></p><p> Arguably, the single bearish consideration is that Snap's valuation doesn't offer investors much room for error. Not only does it trade more expensively than other social platforms, but it's also clearly a richly valued stock.</p><p><blockquote>可以说，唯一看跌的考虑因素是Snap的估值没有给投资者提供太多犯错的空间。它不仅比其他社交平台的交易成本更高，而且显然也是一只估值很高的股票。</blockquote></p><p> To this end, we see that investors pricing a lot of optimism that Snap will continue to positively surprise investors. Consequently, any mishaps during any quarter, when a stock is so richly priced, leaves the stock primed for a meaningful sell-off.</p><p><blockquote>为此，我们看到投资者对Snap将继续给投资者带来积极惊喜的乐观情绪进行了定价。因此，当股票定价如此昂贵时，任何季度发生的任何事故都会使该股票面临大幅抛售。</blockquote></p><p> Next, the bulk of investor thesis is to a large extent contingent on Snap's DAUs continuing to steadily increase. What's more, Q2 2021 marked just a mid-single-digit increase in DAUs in North America.</p><p><blockquote>接下来，投资者的大部分论点在很大程度上取决于SNAP DAU的持续稳定增长。此外，2021年第二季度北美的DAU仅实现了中个位数的增长。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/cab82b3b3570378165d43957bf0e925c\" tg-width=\"640\" tg-height=\"65\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"></p><p><blockquote></blockquote></p><p> If we look back to H1 2019 (pre-COVID), Snap's DAU growth was approximately compared with the same period in the prior year. This is an undeniable reminder that Snap's DAU growth had previously flattened and that it's entirely possible that it may flatten down once again. If that were to happen, investors would not regard Snap as a high growth name, and the number of investors that would be willing to pay for the stock would decrease.</p><p><blockquote>如果我们回顾2019年上半年（COVID之前），Snap的DAU增长与上年同期大致相当。这不可否认地提醒我们，Snap的DAU增长此前已经趋于平缓，而且完全有可能再次趋于平缓。如果发生这种情况，投资者就不会将Snap视为一个高增长的名字，愿意购买该股票的投资者数量也会减少。</blockquote></p><p> <b>The Bottom Line: Is SNAP A Good Buy?</b></p><p><blockquote><b>底线：SNAP值得购买吗？</b></blockquote></p><p> Even though Snap is not a cheap stock, Snap continues to demonstrate that its revenue growth rates remain incredibly strong.</p><p><blockquote>尽管Snap并不是一只便宜的股票，但Snap继续证明其收入增长率仍然非常强劲。</blockquote></p><p> While there's a lot to like in Snap's investment, I will sit out this opportunity as I prefer to invest in companies where the outlook is not as rosy, but the valuation is dramatically cheaper.</p><p><blockquote>虽然Snap的投资有很多值得喜欢的地方，但我会坐视这个机会，因为我更喜欢投资前景不那么乐观但估值却便宜得多的公司。</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>Snap Stock: One Of Fastest Growing Social Media Companies<blockquote>Snap股票：增长最快的社交媒体公司之一</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\">\nSnap Stock: One Of Fastest Growing Social Media Companies<blockquote>Snap股票：增长最快的社交媒体公司之一</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">seekingalpha</strong><span class=\"h-time small\">2021-07-27 19:28</span>\n</p>\n</h4>\n</header>\n<article>\n<p><b>Summary</b></p><p><blockquote><b>总结</b></blockquote></p><p> <ul>  <li>Snap had a high bar to cross to impress investors. And not only did its Q2 results succeed but, looking out to its Q3 guidance, its prospects remain very attractive.</li>  <li>Snap's ARPU in North America was the highlight of its Q2 results.</li>  <li>Snap is not in the bargain basement. Hence, investors looking to buy at this stage will have to take a buy-and-hold investment strategy.</li> </ul> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/ce123df394d362ecf57640f1621162e3\" tg-width=\"1536\" tg-height=\"1024\" referrerpolicy=\"no-referrer\"><span>Geber86/E+ via Getty Images</span></p><p><blockquote><ul><li>Snap需要跨越很高的门槛才能给投资者留下深刻印象。不仅第二季度业绩取得成功，而且从第三季度指引来看，其前景仍然非常有吸引力。</li><li>Snap在北美的ARPU是其第二季度业绩的亮点。</li><li>Snap不在廉价地下室。因此，现阶段寻求买入的投资者必须采取买入并持有的投资策略。</li></ul><p class=\"t-img-caption\"><span>Geber86/E+来自盖蒂图片社</span></p></blockquote></p><p> <b>Investment Thesis</b></p><p><blockquote><b>投资论文</b></blockquote></p><p> Snap (SNAP) reported yet another impressive result and Q3 2021 guidance. And as we dig into its results, there are no obvious blemishes in the report. Snap continues growing its top line revenues at very strong rates, while its bottom line EBITDA growth is even more impressive.</p><p><blockquote>SNAP（SNAP）报告了另一项令人印象深刻的业绩和2021年第三季度指引。当我们深入研究其结果时，报告中没有明显的瑕疵。Snap的营收继续以非常强劲的速度增长，而其利润EBITDA增长则更加令人印象深刻。</blockquote></p><p> At 29x forward sales, the stock is not cheap. And investors considering this investment opportunity will have to adopt a very&nbsp;<i>strong-willed buy-and-hold investment strategy</i>. Because at this valuation, the stock is already pricing in a lot of future growth.</p><p><blockquote>以29倍的远期销售额计算，该股并不便宜。而考虑这一投资机会的投资者将不得不采取非常<i>意志坚定的买入并持有投资策略</i>.因为按照这个估值，该股已经消化了未来的大量增长。</blockquote></p><p> <b>Revenue Growth Rates Are Incredibly Strong</b></p><p><blockquote><b>收入增长率非常强劲</b></blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/72843b7d7a6cc562b484e25eac7cacbe\" tg-width=\"640\" tg-height=\"285\" referrerpolicy=\"no-referrer\"><span>Source: author's calculations; **high-end guidance</span></p><p><blockquote><p class=\"t-img-caption\"><span>资料来源：作者计算；**高端指导</span></p></blockquote></p><p> Q2 2021 was always going to look strong given just how weak the advertising industry found itself in the same period a year ago. Thus, Snap shareholders were clearly expecting a lot. But to see Snap come out with more than triple digits y/y revenue growth rates? That was particularly stunning.</p><p><blockquote>考虑到一年前同期广告业的疲软程度，2021年第二季度看起来总是很强劲。因此，Snap股东显然期望很高。但看到Snap的收入同比增长率超过三位数？这尤其令人震惊。</blockquote></p><p> Previously, I had noted that investors should look beyond&nbsp;Snap's maturing MAUs in North America, and look towards its International opportunity as its next wave of growth opportunities.</p><p><blockquote>此前，我曾指出，投资者应该超越Snap在北美成熟的月活跃用户数，将其国际机遇视为下一波增长机会。</blockquote></p><p> However, even though its overseas revenues were strong, the real driver of Snap's returns come from the pricing power of its North America users:</p><p><blockquote>然而，尽管海外收入强劲，但Snap回报的真正驱动力来自北美用户的定价能力：</blockquote></p><p> <img src=\"https://static.tigerbbs.com/95aca2444a479c7dc060c03d6bf0cec3\" tg-width=\"640\" tg-height=\"126\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p> In the table above, I've stripped out all the other details for us to focus our discussions around Snap's Average Revenue Per User (\"ARPU\"). As you can see, pricing in North America was the real driver of revenues, with ARPU up 116% y/y. Why is this important?</p><p><blockquote>在上表中，我已经剔除了所有其他细节，以便我们将讨论的重点放在Snap的每用户平均收入（“ARPU”）上。正如您所看到的，北美的定价是收入的真正驱动力，ARPU同比增长116%。为什么这很重要？</blockquote></p><p> It's important because it shows that, even on the back of just 6% y/y growth in DAUs in North America, advertisers are eager to reach out and connect with Snap's young demographic and pay up for that opportunity.</p><p><blockquote>这很重要，因为它表明，即使北美DAU同比仅增长6%，广告商也渴望接触和联系Snap的年轻人群，并为这个机会付费。</blockquote></p><p> <b>Could Spectacles be the Next Wave of Growth for Snap?</b></p><p><blockquote><b>眼镜会成为Snap的下一波增长吗？</b></blockquote></p><p> For some time, Snap has been making investors aware that it's moving beyond just a social media platform and that it's now looking to take its Augmented Reality technology and deploy it into hardware.</p><p><blockquote>一段时间以来，Snap一直在让投资者意识到，它正在超越社交媒体平台，现在正在寻求将其增强现实技术部署到硬件中。</blockquote></p><p> At first, this was met with investor skepticism. After all, Snap was taking an asset-light and lucrative business and pivoting towards a hardware revenue business, with lower margins.</p><p><blockquote>起初，这遭到了投资者的质疑。毕竟，Snap正在采取轻资产且利润丰厚的业务，并转向利润率较低的硬件收入业务。</blockquote></p><p> Indeed, it didn't make much sense why Snap would make such a move. Particularly given that Snap had, without any hardware investment, grown very successfully and built the necessary technology to spring off other manufacturers' capital investment into a business with nearly $4.5 billion in run-rate revenues as of Q4 2021.</p><p><blockquote>事实上，Snap为什么会做出这样的举动并没有多大意义。特别是考虑到Snap在没有任何硬件投资的情况下发展非常成功，并建立了必要的技术，将其他制造商的资本投资转化为截至2021年第四季度运行收入近45亿美元的业务。</blockquote></p><p> Having said that, Snap asserts that by further developing its&nbsp;Spectacles business unit, users can not only create more immersive content, but they will have access to other uses as well.</p><p><blockquote>话虽如此，Snap声称，通过进一步发展其眼镜业务部门，用户不仅可以创建更身临其境的内容，还可以访问其他用途。</blockquote></p><p> For instance, by using Spectacles, users can use AR try-on technology to emulate a physical shopping experience and get clothing with the right fit and the right size, to reduce the need for online returns.</p><p><blockquote>例如，通过使用眼镜，用户可以使用AR试穿技术来模拟实体购物体验，并获得合适尺寸的衣服，以减少在线退货的需求。</blockquote></p><p> The underlying idea is to increase user engagement and build an increased digital inventory of the users' life journeys. Other uses could be to increase the personalization of an online shopping experience.</p><p><blockquote>潜在的想法是增加用户参与度，并建立用户生活旅程的数字清单。其他用途可以是增加在线购物体验的个性化。</blockquote></p><p> This is something that is likely to resonate strongly with Snap's young demographic and offers Snap an opportunity to differentiate itself against other players in this space.</p><p><blockquote>这可能会引起Snap年轻人的强烈共鸣，并为Snap提供了在该领域与其他参与者区分开来的机会。</blockquote></p><p> While Snap is quick to note that this is not yet a fully-fledged solution, it's nevertheless a way to improve shoppers' online experience by making visualization personal and as close to real as possible.</p><p><blockquote>虽然Snap很快指出，这还不是一个成熟的解决方案，但它仍然是一种通过使可视化个性化并尽可能接近真实来改善购物者在线体验的方式。</blockquote></p><p> <i>Hence, the question investors have to answer is whether this is all already priced in or if there's still more upside potential?</i></p><p><blockquote><i>因此，投资者必须回答的问题是，这一切是否已经被定价，或者是否还有更多的上涨潜力？</i></blockquote></p><p> <b>SNAP Stock Valuation: Not Cheap</b></p><p><blockquote><b>SNAP股票估值：不便宜</b></blockquote></p><p></p><p> Snap is valued at approximately 29x forward sales. If we compare with Pinterest (PINS), which trades at approximately 19x forward sales, this reminds readers that a lot of excitement, optimism, expectation, and positive sentiment is evidently priced into Snap.</p><p><blockquote>Snap的估值约为远期销售额的29倍。如果我们与Pinterest(PINS)（其远期销售额约为19倍）进行比较，这提醒读者，Snap显然包含了很多兴奋、乐观、期望和积极情绪。</blockquote></p><p> On the other hand, shareholders may be quick to remark that even if Snap is richly valued, high quality and rapidly growing businesses rarely trade in the bargain basement -- particularly towards the end of a very long bull market.</p><p><blockquote>另一方面，股东可能很快就会注意到，即使Snap估值很高，高质量和快速增长的企业也很少以低价交易——尤其是在漫长的牛市即将结束时。</blockquote></p><p> Moreover, keep in mind that Snap is now signaling to investors that its multi-year investments are now paying fruit and this now marks the third quarter of adjusted EBITDA profitability over its trailing twelve months.</p><p><blockquote>此外，请记住，Snap现在向投资者发出信号，表明其多年投资正在取得成果，这标志着其过去12个月调整后EBITDA盈利能力的第三季度。</blockquote></p><p> Hence, if Snap's Q2 2021's 116% top line appears strong and caught many headlines, then Snap's adjusted EBITDA growth of more than 200% looks even better.</p><p><blockquote>因此，如果SNAP 2021年第二季度116%的营收显得强劲并成为许多头条新闻，那么Snap调整后EBITDA增长超过200%看起来就更好了。</blockquote></p><p> What's more, as we look out to its guidance next quarter, its bottom line EBITDA is expected to once again posttriple digits EBITDA growth y/y.</p><p><blockquote>更重要的是，当我们展望下一季度的指引时，其净利润EBITDA预计将再次实现三位数的EBITDA同比增长。</blockquote></p><p> <b>Premortem (Investment Risks)</b></p><p><blockquote><b>事前（投资风险）</b></blockquote></p><p> Arguably, the single bearish consideration is that Snap's valuation doesn't offer investors much room for error. Not only does it trade more expensively than other social platforms, but it's also clearly a richly valued stock.</p><p><blockquote>可以说，唯一看跌的考虑因素是Snap的估值没有给投资者提供太多犯错的空间。它不仅比其他社交平台的交易成本更高，而且显然也是一只估值很高的股票。</blockquote></p><p> To this end, we see that investors pricing a lot of optimism that Snap will continue to positively surprise investors. Consequently, any mishaps during any quarter, when a stock is so richly priced, leaves the stock primed for a meaningful sell-off.</p><p><blockquote>为此，我们看到投资者对Snap将继续给投资者带来积极惊喜的乐观情绪进行了定价。因此，当股票定价如此昂贵时，任何季度发生的任何事故都会使该股票面临大幅抛售。</blockquote></p><p> Next, the bulk of investor thesis is to a large extent contingent on Snap's DAUs continuing to steadily increase. What's more, Q2 2021 marked just a mid-single-digit increase in DAUs in North America.</p><p><blockquote>接下来，投资者的大部分论点在很大程度上取决于SNAP DAU的持续稳定增长。此外，2021年第二季度北美的DAU仅实现了中个位数的增长。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/cab82b3b3570378165d43957bf0e925c\" tg-width=\"640\" tg-height=\"65\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"></p><p><blockquote></blockquote></p><p> If we look back to H1 2019 (pre-COVID), Snap's DAU growth was approximately compared with the same period in the prior year. This is an undeniable reminder that Snap's DAU growth had previously flattened and that it's entirely possible that it may flatten down once again. If that were to happen, investors would not regard Snap as a high growth name, and the number of investors that would be willing to pay for the stock would decrease.</p><p><blockquote>如果我们回顾2019年上半年（COVID之前），Snap的DAU增长与上年同期大致相当。这不可否认地提醒我们，Snap的DAU增长此前已经趋于平缓，而且完全有可能再次趋于平缓。如果发生这种情况，投资者就不会将Snap视为一个高增长的名字，愿意购买该股票的投资者数量也会减少。</blockquote></p><p> <b>The Bottom Line: Is SNAP A Good Buy?</b></p><p><blockquote><b>底线：SNAP值得购买吗？</b></blockquote></p><p> Even though Snap is not a cheap stock, Snap continues to demonstrate that its revenue growth rates remain incredibly strong.</p><p><blockquote>尽管Snap并不是一只便宜的股票，但Snap继续证明其收入增长率仍然非常强劲。</blockquote></p><p> While there's a lot to like in Snap's investment, I will sit out this opportunity as I prefer to invest in companies where the outlook is not as rosy, but the valuation is dramatically cheaper.</p><p><blockquote>虽然Snap的投资有很多值得喜欢的地方，但我会坐视这个机会，因为我更喜欢投资前景不那么乐观但估值却便宜得多的公司。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://seekingalpha.com/article/4441412-snap-one-of-fastest-growing-social-media-companies\">seekingalpha</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SNAP":"Snap Inc"},"source_url":"https://seekingalpha.com/article/4441412-snap-one-of-fastest-growing-social-media-companies","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1118738178","content_text":"Summary\n\nSnap had a high bar to cross to impress investors. And not only did its Q2 results succeed but, looking out to its Q3 guidance, its prospects remain very attractive.\nSnap's ARPU in North America was the highlight of its Q2 results.\nSnap is not in the bargain basement. Hence, investors looking to buy at this stage will have to take a buy-and-hold investment strategy.\n\nGeber86/E+ via Getty Images\nInvestment Thesis\nSnap (SNAP) reported yet another impressive result and Q3 2021 guidance. And as we dig into its results, there are no obvious blemishes in the report. Snap continues growing its top line revenues at very strong rates, while its bottom line EBITDA growth is even more impressive.\nAt 29x forward sales, the stock is not cheap. And investors considering this investment opportunity will have to adopt a very strong-willed buy-and-hold investment strategy. Because at this valuation, the stock is already pricing in a lot of future growth.\nRevenue Growth Rates Are Incredibly Strong\nSource: author's calculations; **high-end guidance\nQ2 2021 was always going to look strong given just how weak the advertising industry found itself in the same period a year ago. Thus, Snap shareholders were clearly expecting a lot. But to see Snap come out with more than triple digits y/y revenue growth rates? That was particularly stunning.\nPreviously, I had noted that investors should look beyond Snap's maturing MAUs in North America, and look towards its International opportunity as its next wave of growth opportunities.\nHowever, even though its overseas revenues were strong, the real driver of Snap's returns come from the pricing power of its North America users:\n\nIn the table above, I've stripped out all the other details for us to focus our discussions around Snap's Average Revenue Per User (\"ARPU\"). As you can see, pricing in North America was the real driver of revenues, with ARPU up 116% y/y. Why is this important?\nIt's important because it shows that, even on the back of just 6% y/y growth in DAUs in North America, advertisers are eager to reach out and connect with Snap's young demographic and pay up for that opportunity.\nCould Spectacles be the Next Wave of Growth for Snap?\nFor some time, Snap has been making investors aware that it's moving beyond just a social media platform and that it's now looking to take its Augmented Reality technology and deploy it into hardware.\nAt first, this was met with investor skepticism. After all, Snap was taking an asset-light and lucrative business and pivoting towards a hardware revenue business, with lower margins.\nIndeed, it didn't make much sense why Snap would make such a move. Particularly given that Snap had, without any hardware investment, grown very successfully and built the necessary technology to spring off other manufacturers' capital investment into a business with nearly $4.5 billion in run-rate revenues as of Q4 2021.\nHaving said that, Snap asserts that by further developing its Spectacles business unit, users can not only create more immersive content, but they will have access to other uses as well.\nFor instance, by using Spectacles, users can use AR try-on technology to emulate a physical shopping experience and get clothing with the right fit and the right size, to reduce the need for online returns.\nThe underlying idea is to increase user engagement and build an increased digital inventory of the users' life journeys. Other uses could be to increase the personalization of an online shopping experience.\nThis is something that is likely to resonate strongly with Snap's young demographic and offers Snap an opportunity to differentiate itself against other players in this space.\nWhile Snap is quick to note that this is not yet a fully-fledged solution, it's nevertheless a way to improve shoppers' online experience by making visualization personal and as close to real as possible.\nHence, the question investors have to answer is whether this is all already priced in or if there's still more upside potential?\nSNAP Stock Valuation: Not Cheap\nSnap is valued at approximately 29x forward sales. If we compare with Pinterest (PINS), which trades at approximately 19x forward sales, this reminds readers that a lot of excitement, optimism, expectation, and positive sentiment is evidently priced into Snap.\nOn the other hand, shareholders may be quick to remark that even if Snap is richly valued, high quality and rapidly growing businesses rarely trade in the bargain basement -- particularly towards the end of a very long bull market.\nMoreover, keep in mind that Snap is now signaling to investors that its multi-year investments are now paying fruit and this now marks the third quarter of adjusted EBITDA profitability over its trailing twelve months.\nHence, if Snap's Q2 2021's 116% top line appears strong and caught many headlines, then Snap's adjusted EBITDA growth of more than 200% looks even better.\nWhat's more, as we look out to its guidance next quarter, its bottom line EBITDA is expected to once again posttriple digits EBITDA growth y/y.\nPremortem (Investment Risks)\nArguably, the single bearish consideration is that Snap's valuation doesn't offer investors much room for error. Not only does it trade more expensively than other social platforms, but it's also clearly a richly valued stock.\nTo this end, we see that investors pricing a lot of optimism that Snap will continue to positively surprise investors. Consequently, any mishaps during any quarter, when a stock is so richly priced, leaves the stock primed for a meaningful sell-off.\nNext, the bulk of investor thesis is to a large extent contingent on Snap's DAUs continuing to steadily increase. What's more, Q2 2021 marked just a mid-single-digit increase in DAUs in North America.\n\nIf we look back to H1 2019 (pre-COVID), Snap's DAU growth was approximately compared with the same period in the prior year. This is an undeniable reminder that Snap's DAU growth had previously flattened and that it's entirely possible that it may flatten down once again. If that were to happen, investors would not regard Snap as a high growth name, and the number of investors that would be willing to pay for the stock would decrease.\nThe Bottom Line: Is SNAP A Good Buy?\nEven though Snap is not a cheap stock, Snap continues to demonstrate that its revenue growth rates remain incredibly strong.\nWhile there's a lot to like in Snap's investment, I will sit out this opportunity as I prefer to invest in companies where the outlook is not as rosy, but the valuation is dramatically cheaper.","news_type":1,"symbols_score_info":{"SNAP":0.9}},"isVote":1,"tweetType":1,"viewCount":1968,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":800320436,"gmtCreate":1627279675925,"gmtModify":1631890256056,"author":{"id":"3585112551047037","authorId":"3585112551047037","name":"nhwk","avatar":"https://static.tigerbbs.com/6c30e5ca56e66441b191f6d576d8fe16","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3585112551047037","idStr":"3585112551047037"},"themes":[],"htmlText":"Like pls","listText":"Like pls","text":"Like pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/800320436","repostId":"1100772026","repostType":4,"isVote":1,"tweetType":1,"viewCount":1836,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":800320285,"gmtCreate":1627279639247,"gmtModify":1631890256069,"author":{"id":"3585112551047037","authorId":"3585112551047037","name":"nhwk","avatar":"https://static.tigerbbs.com/6c30e5ca56e66441b191f6d576d8fe16","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3585112551047037","idStr":"3585112551047037"},"themes":[],"htmlText":"👍🏻","listText":"👍🏻","text":"👍🏻","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/800320285","repostId":"1100772026","repostType":4,"isVote":1,"tweetType":1,"viewCount":1748,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":176387416,"gmtCreate":1626862787235,"gmtModify":1631890256080,"author":{"id":"3585112551047037","authorId":"3585112551047037","name":"nhwk","avatar":"https://static.tigerbbs.com/6c30e5ca56e66441b191f6d576d8fe16","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3585112551047037","idStr":"3585112551047037"},"themes":[],"htmlText":"Like pls","listText":"Like pls","text":"Like pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/176387416","repostId":"2153612212","repostType":4,"isVote":1,"tweetType":1,"viewCount":1697,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":178935817,"gmtCreate":1626780078539,"gmtModify":1633771125318,"author":{"id":"3585112551047037","authorId":"3585112551047037","name":"nhwk","avatar":"https://static.tigerbbs.com/6c30e5ca56e66441b191f6d576d8fe16","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3585112551047037","idStr":"3585112551047037"},"themes":[],"htmlText":"Like pls","listText":"Like pls","text":"Like pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/178935817","repostId":"1149956232","repostType":4,"repost":{"id":"1149956232","kind":"news","pubTimestamp":1626772136,"share":"https://www.laohu8.com/m/news/1149956232?lang=zh_CN&edition=full","pubTime":"2021-07-20 17:08","market":"us","language":"en","title":"Markets Stabilize After Worst Fall for Stocks in Months<blockquote>股市数月来最严重下跌后市场企稳</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1149956232","media":"The Wall Street Journal","summary":"Dow futures, oil and bond yields rise, injecting some calm into markets.\n\nU.S. stock futures pointed","content":"<p>  Dow futures, oil and bond yields rise, injecting some calm into markets.  U.S. stock futures pointed to a rebound Tuesday, after major indexes tumbled Monday on concerns over the spread of Covid-19 variants and potential setbacks to the economic recovery.</p><p><blockquote>道指期货、石油和债券收益率上升，为市场注入了一些平静。美国股指期货周二出现反弹，此前主要股指周一因担心Covid-19变种传播和经济复苏可能受挫而暴跌。</blockquote></p><p> Futures tied to the Dow Jones Industrial Average rose 0.7%, suggesting a reversal for the blue-chip index that fell more than 700 points Monday in itsworst session since October. S&amp;P 500 futures rose 0.5% and Nasdaq 100 futures climbed 0.5%, pointing to a turnaround for both the broad-market index and technology stocks.</p><p><blockquote>与道琼斯工业平均指数相关的期货上涨0.7%，表明该蓝筹股指数周一下跌超过700点，创下10月份以来最糟糕的交易日。标普500期货上涨0.5%，纳斯达克100期货上涨0.5%，表明大盘指数和科技股均出现好转。</blockquote></p><p> Investors have grown concerned over the Delta coronavirus variant, prompting a reassessment of the economy’s prospects. Despite this, the three major stock indexes each closed only around 3% down from their all-time highs Monday, underscoring the strength of the rally that powered equity markets in the first half of the year.</p><p><blockquote>投资者对德尔塔新冠病毒变异毒株越来越担心，促使人们重新评估经济前景。尽管如此，三大股指周一收盘仅较历史高点下跌约3%，凸显了今年上半年推动股市上涨的力度。</blockquote></p><p> “When you get a selloff like we had yesterday, there are certainly going to be some investors who are going to see that as an opportunity to invest for the longer term,” said Kiran Ganesh, a multiasset strategist atUBSGlobal Wealth Management. “Especially where the 10-year [Treasury] yields have gone, that still points to the default position for investors as long equities, because there are simply very few other options.”</p><p><blockquote>UBS全球财富管理公司多资产策略师基兰·加内什(Kiran Ganesh)表示：“当出现像昨天那样的抛售时，肯定会有一些投资者将其视为长期投资的机会。”“尤其是10年期[国债]收益率的走势，这仍然表明投资者的默认头寸是做多股票，因为其他选择很少。”</blockquote></p><p> In bond markets, the yield on the benchmark 10-year U.S. Treasury note edged up to 1.200%, after dropping to 1.181% Monday in thebiggest daily decline since March. Prices rise when yields fall. The WSJ Dollar Index hovered around its highest level since March, up another 0.1%.</p><p><blockquote>债券市场方面，基准10年期美国国债收益率小幅升至1.200%，周一跌至1.181%，创3月份以来最大单日跌幅。当收益率下降时，价格就会上涨。华尔街日报美元指数徘徊在3月份以来的最高水平附近，再涨0.1%。</blockquote></p><p> Oil prices also ticked upafter tumbling Mondayon fears that Covid-19 could curb energy demand again. Brent crude added 0.3%, after dropping 6.8% in its worst daily performance since March. U.S. benchmark West Texas Intermediate also rose 0.3%, after logging its biggest drop since September.</p><p><blockquote>由于担心Covid-19可能再次抑制能源需求，油价在周一暴跌后也有所上涨。布伦特原油上涨0.3%，此前下跌6.8%，创3月份以来最差单日表现。美国基准西德克萨斯中质原油也上涨0.3%，创下9月份以来的最大跌幅。</blockquote></p><p> “We sometimes forget that when we’ve had periods of very strong performance and low volatility, small bumps in the market do feel like they are more than they are,” said Shaniel Ramjee, a multiasset fund manager at Pictet Asset Management.</p><p><blockquote>百达资产管理公司(Pictet Asset Management)多资产基金经理沙尼尔·拉姆吉(Shaniel Ramjee)表示：“我们有时会忘记，当我们经历了表现非常强劲和波动性较低的时期时，市场上的小幅波动确实会让人感觉超出了实际情况。”</blockquote></p><p> Earnings season is under way, with tobacco giantPhilip Morris Internationaland insurance company Travelers Companies scheduled to report ahead of the opening bell.Netflix,Chipotle Mexican Grilland United Airlines are slated to post earnings after markets close.</p><p><blockquote>财报季即将到来，烟草巨头菲利普莫里斯国际公司和保险公司Travelers Companies计划在开盘前公布财报。Netflix、Chipotle Mexican Grilland和联合航空计划在收盘后公布财报。</blockquote></p><p> Cryptocurrencies extended their declines, with bitcoin dropping below $30,000 Tuesday for the first time in a month. It declined nearly 3% from its level at 5 p.m. ET the previous day to around $29,800.</p><p><blockquote>加密货币延续跌势，比特币周二一个月来首次跌破30,000美元。较下午5点的水平下跌近3%。美国东部时间前一天至29,800美元左右。</blockquote></p><p> Overseas, the pan-continental Stoxx Europe 600 rose 0.9%. Among European equities, UBS climbed 2.6% after postingbetter-than-expected earningsfor the second quarter, driven by strong client activity and buoyant markets. Mining giantBHP Grouprose 2% after reportingstrong quarterly operations.</p><p><blockquote>海外方面，泛大陆斯托克欧洲600指数涨0.9%。在欧洲股市中，在强劲的客户活动和活跃的市场推动下，瑞银集团公布了好于预期的第二季度盈利，股价上涨2.6%。矿业巨头必和必拓集团在报告强劲的季度运营后股价上涨2%。</blockquote></p><p> In Asia, most major benchmarks extended Monday’s declines. The Shanghai Composite Index lost another 0.1% and Hong Kong’s Hang Seng tumbled 0.8%.</p><p><blockquote>在亚洲，大多数主要基准指数延续了周一的跌势。上证综合指数又下跌0.1%，香港恒生指数下跌0.8%。</blockquote></p><p> A gauge of housing starts in the U.S. in June is set for release at 8:30 a.m. ET. Economists expect a rise, as prices for materials such as lumber eased amid a limited supply of houses on the market.</p><p><blockquote>美国6月份新屋开工数据定于美国东部时间上午8:30发布。经济学家预计价格会上涨，因为市场上房屋供应有限，木材等材料的价格有所下降。</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>Markets Stabilize After Worst Fall for Stocks in Months<blockquote>股市数月来最严重下跌后市场企稳</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\">\nMarkets Stabilize After Worst Fall for Stocks in Months<blockquote>股市数月来最严重下跌后市场企稳</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">The Wall Street Journal</strong><span class=\"h-time small\">2021-07-20 17:08</span>\n</p>\n</h4>\n</header>\n<article>\n<p>  Dow futures, oil and bond yields rise, injecting some calm into markets.  U.S. stock futures pointed to a rebound Tuesday, after major indexes tumbled Monday on concerns over the spread of Covid-19 variants and potential setbacks to the economic recovery.</p><p><blockquote>道指期货、石油和债券收益率上升，为市场注入了一些平静。美国股指期货周二出现反弹，此前主要股指周一因担心Covid-19变种传播和经济复苏可能受挫而暴跌。</blockquote></p><p> Futures tied to the Dow Jones Industrial Average rose 0.7%, suggesting a reversal for the blue-chip index that fell more than 700 points Monday in itsworst session since October. S&amp;P 500 futures rose 0.5% and Nasdaq 100 futures climbed 0.5%, pointing to a turnaround for both the broad-market index and technology stocks.</p><p><blockquote>与道琼斯工业平均指数相关的期货上涨0.7%，表明该蓝筹股指数周一下跌超过700点，创下10月份以来最糟糕的交易日。标普500期货上涨0.5%，纳斯达克100期货上涨0.5%，表明大盘指数和科技股均出现好转。</blockquote></p><p> Investors have grown concerned over the Delta coronavirus variant, prompting a reassessment of the economy’s prospects. Despite this, the three major stock indexes each closed only around 3% down from their all-time highs Monday, underscoring the strength of the rally that powered equity markets in the first half of the year.</p><p><blockquote>投资者对德尔塔新冠病毒变异毒株越来越担心，促使人们重新评估经济前景。尽管如此，三大股指周一收盘仅较历史高点下跌约3%，凸显了今年上半年推动股市上涨的力度。</blockquote></p><p> “When you get a selloff like we had yesterday, there are certainly going to be some investors who are going to see that as an opportunity to invest for the longer term,” said Kiran Ganesh, a multiasset strategist atUBSGlobal Wealth Management. “Especially where the 10-year [Treasury] yields have gone, that still points to the default position for investors as long equities, because there are simply very few other options.”</p><p><blockquote>UBS全球财富管理公司多资产策略师基兰·加内什(Kiran Ganesh)表示：“当出现像昨天那样的抛售时，肯定会有一些投资者将其视为长期投资的机会。”“尤其是10年期[国债]收益率的走势，这仍然表明投资者的默认头寸是做多股票，因为其他选择很少。”</blockquote></p><p> In bond markets, the yield on the benchmark 10-year U.S. Treasury note edged up to 1.200%, after dropping to 1.181% Monday in thebiggest daily decline since March. Prices rise when yields fall. The WSJ Dollar Index hovered around its highest level since March, up another 0.1%.</p><p><blockquote>债券市场方面，基准10年期美国国债收益率小幅升至1.200%，周一跌至1.181%，创3月份以来最大单日跌幅。当收益率下降时，价格就会上涨。华尔街日报美元指数徘徊在3月份以来的最高水平附近，再涨0.1%。</blockquote></p><p> Oil prices also ticked upafter tumbling Mondayon fears that Covid-19 could curb energy demand again. Brent crude added 0.3%, after dropping 6.8% in its worst daily performance since March. U.S. benchmark West Texas Intermediate also rose 0.3%, after logging its biggest drop since September.</p><p><blockquote>由于担心Covid-19可能再次抑制能源需求，油价在周一暴跌后也有所上涨。布伦特原油上涨0.3%，此前下跌6.8%，创3月份以来最差单日表现。美国基准西德克萨斯中质原油也上涨0.3%，创下9月份以来的最大跌幅。</blockquote></p><p> “We sometimes forget that when we’ve had periods of very strong performance and low volatility, small bumps in the market do feel like they are more than they are,” said Shaniel Ramjee, a multiasset fund manager at Pictet Asset Management.</p><p><blockquote>百达资产管理公司(Pictet Asset Management)多资产基金经理沙尼尔·拉姆吉(Shaniel Ramjee)表示：“我们有时会忘记，当我们经历了表现非常强劲和波动性较低的时期时，市场上的小幅波动确实会让人感觉超出了实际情况。”</blockquote></p><p> Earnings season is under way, with tobacco giantPhilip Morris Internationaland insurance company Travelers Companies scheduled to report ahead of the opening bell.Netflix,Chipotle Mexican Grilland United Airlines are slated to post earnings after markets close.</p><p><blockquote>财报季即将到来，烟草巨头菲利普莫里斯国际公司和保险公司Travelers Companies计划在开盘前公布财报。Netflix、Chipotle Mexican Grilland和联合航空计划在收盘后公布财报。</blockquote></p><p> Cryptocurrencies extended their declines, with bitcoin dropping below $30,000 Tuesday for the first time in a month. It declined nearly 3% from its level at 5 p.m. ET the previous day to around $29,800.</p><p><blockquote>加密货币延续跌势，比特币周二一个月来首次跌破30,000美元。较下午5点的水平下跌近3%。美国东部时间前一天至29,800美元左右。</blockquote></p><p> Overseas, the pan-continental Stoxx Europe 600 rose 0.9%. Among European equities, UBS climbed 2.6% after postingbetter-than-expected earningsfor the second quarter, driven by strong client activity and buoyant markets. Mining giantBHP Grouprose 2% after reportingstrong quarterly operations.</p><p><blockquote>海外方面，泛大陆斯托克欧洲600指数涨0.9%。在欧洲股市中，在强劲的客户活动和活跃的市场推动下，瑞银集团公布了好于预期的第二季度盈利，股价上涨2.6%。矿业巨头必和必拓集团在报告强劲的季度运营后股价上涨2%。</blockquote></p><p> In Asia, most major benchmarks extended Monday’s declines. The Shanghai Composite Index lost another 0.1% and Hong Kong’s Hang Seng tumbled 0.8%.</p><p><blockquote>在亚洲，大多数主要基准指数延续了周一的跌势。上证综合指数又下跌0.1%，香港恒生指数下跌0.8%。</blockquote></p><p> A gauge of housing starts in the U.S. in June is set for release at 8:30 a.m. ET. Economists expect a rise, as prices for materials such as lumber eased amid a limited supply of houses on the market.</p><p><blockquote>美国6月份新屋开工数据定于美国东部时间上午8:30发布。经济学家预计价格会上涨，因为市场上房屋供应有限，木材等材料的价格有所下降。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.wsj.com/articles/global-stock-markets-dow-update-07-20-2021-11626768165\">The Wall Street Journal</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯","SPY":"标普500ETF",".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite"},"source_url":"https://www.wsj.com/articles/global-stock-markets-dow-update-07-20-2021-11626768165","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1149956232","content_text":"Dow futures, oil and bond yields rise, injecting some calm into markets.\n\nU.S. stock futures pointed to a rebound Tuesday, after major indexes tumbled Monday on concerns over the spread of Covid-19 variants and potential setbacks to the economic recovery.\nFutures tied to the Dow Jones Industrial Average rose 0.7%, suggesting a reversal for the blue-chip index that fell more than 700 points Monday in itsworst session since October. S&P 500 futures rose 0.5% and Nasdaq 100 futures climbed 0.5%, pointing to a turnaround for both the broad-market index and technology stocks.\nInvestors have grown concerned over the Delta coronavirus variant, prompting a reassessment of the economy’s prospects. Despite this, the three major stock indexes each closed only around 3% down from their all-time highs Monday, underscoring the strength of the rally that powered equity markets in the first half of the year.\n“When you get a selloff like we had yesterday, there are certainly going to be some investors who are going to see that as an opportunity to invest for the longer term,” said Kiran Ganesh, a multiasset strategist atUBSGlobal Wealth Management. “Especially where the 10-year [Treasury] yields have gone, that still points to the default position for investors as long equities, because there are simply very few other options.”\nIn bond markets, the yield on the benchmark 10-year U.S. Treasury note edged up to 1.200%, after dropping to 1.181% Monday in thebiggest daily decline since March. Prices rise when yields fall. The WSJ Dollar Index hovered around its highest level since March, up another 0.1%.\nOil prices also ticked upafter tumbling Mondayon fears that Covid-19 could curb energy demand again. Brent crude added 0.3%, after dropping 6.8% in its worst daily performance since March. U.S. benchmark West Texas Intermediate also rose 0.3%, after logging its biggest drop since September.\n“We sometimes forget that when we’ve had periods of very strong performance and low volatility, small bumps in the market do feel like they are more than they are,” said Shaniel Ramjee, a multiasset fund manager at Pictet Asset Management.\nEarnings season is under way, with tobacco giantPhilip Morris Internationaland insurance company Travelers Companies scheduled to report ahead of the opening bell.Netflix,Chipotle Mexican Grilland United Airlines are slated to post earnings after markets close.\nCryptocurrencies extended their declines, with bitcoin dropping below $30,000 Tuesday for the first time in a month. It declined nearly 3% from its level at 5 p.m. ET the previous day to around $29,800.\nOverseas, the pan-continental Stoxx Europe 600 rose 0.9%. Among European equities, UBS climbed 2.6% after postingbetter-than-expected earningsfor the second quarter, driven by strong client activity and buoyant markets. Mining giantBHP Grouprose 2% after reportingstrong quarterly operations.\nIn Asia, most major benchmarks extended Monday’s declines. The Shanghai Composite Index lost another 0.1% and Hong Kong’s Hang Seng tumbled 0.8%.\nA gauge of housing starts in the U.S. in June is set for release at 8:30 a.m. ET. Economists expect a rise, as prices for materials such as lumber eased amid a limited supply of houses on the market.","news_type":1,"symbols_score_info":{".IXIC":0.9,".DJI":0.9,"SPY":0.9,".SPX":0.9}},"isVote":1,"tweetType":1,"viewCount":607,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":170670415,"gmtCreate":1626430871137,"gmtModify":1633926816621,"author":{"id":"3585112551047037","authorId":"3585112551047037","name":"nhwk","avatar":"https://static.tigerbbs.com/6c30e5ca56e66441b191f6d576d8fe16","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3585112551047037","idStr":"3585112551047037"},"themes":[],"htmlText":"Like pls","listText":"Like pls","text":"Like pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/170670415","repostId":"1188067627","repostType":4,"isVote":1,"tweetType":1,"viewCount":573,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":141441998,"gmtCreate":1625888061214,"gmtModify":1633936356709,"author":{"id":"3585112551047037","authorId":"3585112551047037","name":"nhwk","avatar":"https://static.tigerbbs.com/6c30e5ca56e66441b191f6d576d8fe16","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3585112551047037","idStr":"3585112551047037"},"themes":[],"htmlText":"👊🏻","listText":"👊🏻","text":"👊🏻","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/141441998","repostId":"1195812364","repostType":4,"repost":{"id":"1195812364","kind":"news","pubTimestamp":1625875523,"share":"https://www.laohu8.com/m/news/1195812364?lang=zh_CN&edition=full","pubTime":"2021-07-10 08:05","market":"us","language":"en","title":"US IPO Week Ahead: Real estate, post-pandemic plays and more in an 9 IPO week<blockquote>美国IPO周：9周IPO中的房地产、大流行后游戏等</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1195812364","media":"Renaissance Capital","summary":"Italian drug container supplier Stevanato Group plans to raise $900 million at a $6.8 billion market cap. Controlled by its founding family, the profitable company supplies glass vials, syringes, and other medical-grade containers to more than 700 customers, including 41 of the top 50 pharmaceutical companies.Shopping center REIT Phillips Edison & Company plans to raise $502 million at a $3.7 billion market cap. This REIT owns equity interests in 300 shopping centers across the US, focusing on l","content":"<p>After a slow holiday week, nine IPOs are scheduled to raise over $3 billion in the week ahead.</p><p><blockquote>在经历了一周的缓慢假期后，未来一周将有9起IPO筹集超过30亿美元的资金。</blockquote></p><p> Italian drug container supplier&nbsp;<b>Stevanato Group</b>(STVN) plans to raise $900 million at a $6.8 billion market cap. Controlled by its founding family, the profitable company supplies glass vials, syringes, and other medical-grade containers to more than 700 customers, including 41 of the top 50 pharmaceutical companies.</p><p><blockquote>意大利药品容器供应商<b>Stevanato集团</b>(STVN)计划以68亿美元的市值筹集9亿美元。这家盈利的公司由其创始家族控制，向700多家客户供应玻璃瓶、注射器和其他医疗级容器，其中包括排名前50的制药公司中的41家。</blockquote></p><p> Shopping center REIT&nbsp;<b>Phillips Edison &amp; Company</b>(PECO) plans to raise $502 million at a $3.7 billion market cap. This REIT owns equity interests in 300 shopping centers across the US, focusing on locations that are anchored by grocers like Kroger and Public. It targets a 3.5% annualized yield at the midpoint.</p><p><blockquote>购物中心房地产投资信托基金<b>菲利普斯爱迪生公司</b>(PECO)计划以37亿美元的市值筹集5.02亿美元。该房地产投资信托基金拥有美国300家购物中心的股权，重点关注克罗格和Public等杂货商入驻的地点。它的中点年化收益率目标为3.5%。</blockquote></p><p> Known for its member-only luxury hotel brand Soho House,<b>Membership Collective Group</b>(MCG) plans to raise $450 at a $3.2 billion market cap. The company boasts a large and loyal member base, though it has no track record of profitability and saw revenue fall by almost half in the 1Q21.</p><p><blockquote>以会员专属豪华酒店品牌Soho House而闻名，<b>会员集体组</b>(MCG)计划以32亿美元的市值筹集450美元。该公司拥有庞大而忠诚的会员基础，尽管它没有盈利记录，而且在2021年第一季度的收入下降了近一半。</blockquote></p><p> Mark Wahlberg-backed fitness franchise&nbsp;<b>F45 Training</b>(FXLV) plans to raise $325 million at a $1.5 billion market cap. Specializing in 45-minute workouts, F45 has over 1,500 studios worldwide. The company managed a 37% EBITDA in the trailing 12 months, though the company’s expected post-pandemic growth has yet to show through in the numbers.</p><p><blockquote>马克·沃尔伯格支持的健身特许经营权<b>F45训练</b>(FXLV)计划以15亿美元的市值筹集3.25亿美元。F45专注于45分钟的锻炼，在全球拥有1500多个工作室。该公司在过去12个月中实现了37%的EBITDA，尽管该公司预期的大流行后增长尚未在数字中体现出来。</blockquote></p><p> Mortgage software provider&nbsp;<b>Blend Labs</b>(BLND) plans to raise $340 million at a $4.5 billion market cap. Blend Labs provides a digital platform to financial services firms that improves the consumer experience when applying for mortgages and loans. Despite doubling revenue in 2020, the core software business is highly unprofitable due to R&amp;D and S&amp;M spend.</p><p><blockquote>抵押贷款软件提供商<b>混合实验室</b>(BLND)计划以45亿美元的市值筹集3.4亿美元。Blend Labs为金融服务公司提供了一个数字平台，改善了消费者申请抵押贷款和贷款时的体验。尽管2020年收入翻了一番，但由于研发和S&amp;M支出，核心软件业务非常无利可图。</blockquote></p><p> <b>Bridge Investment Group</b>(BRDG) plans to raise $300 million at a $1.8 billion market cap. This investment manager specializes in real estate equity and debt across multiple sectors. As of 3/31/2021, Bridge Investment Group has approximately $26 billion of AUM with more than 6,500 individual investors across 25 investment vehicles.</p><p><blockquote><b>桥梁投资集团</b>(BRDG)计划以18亿美元的市值筹集3亿美元。这位投资经理专门从事多个行业的房地产股权和债务。截至2021年3月31日，桥梁投资集团拥有约260亿美元的AUM，在25个投资工具中拥有超过6,500名个人投资者。</blockquote></p><p> Ocular medical device provider&nbsp;<b>Sight Sciences</b>(SGHT) plans to raise $150 million at a $1 billion market cap. The company develops and sells medical and surgical devices that present new treatment options for eye diseases. The highly unprofitable company showed signs of re-accelerating growth in the 1Q21 (+32%) after the pandemic delayed elective procedures in 2020.</p><p><blockquote>眼科医疗器械供应商<b>视觉科学</b>(SGHT)计划以10亿美元的市值筹集1.5亿美元。该公司开发和销售医疗和手术设备，为眼病提供新的治疗选择。在疫情推迟了2020年的选择性手术后，这家高度无利可图的公司在2021年第一季度显示出重新加速增长的迹象（+32%）。</blockquote></p><p> Pregnancy diagnostics company&nbsp;<b>Sera Prognostics</b>(SERA) plans to raise $75 million at a $564 million market cap. The company uses its proteomics and bioinformatics platform to develop biomarker tests aimed at improving pregnancy outcomes. Sera Prognostics’ sole commercial product, the PreTRM test, predicts the risk of a premature delivery, though it has yet to generate meaningful revenue.</p><p><blockquote>妊娠诊断公司<b>血清预后</b>(SERA)计划以5.64亿美元的市值筹集7500万美元。该公司利用其蛋白质组学和生物信息学平台开发旨在改善妊娠结局的生物标志物测试。Sera Prognostics唯一的商业产品PreTRM测试可以预测早产的风险，尽管它尚未产生有意义的收入。</blockquote></p><p> A hold-over from last week, early-stage kidney disease biotech&nbsp;<b>Unicycive Therapeutics</b>(UNCY) plans to raise $25 million at a $79 million market cap.</p><p><blockquote>上周的延期，早期肾病生物技术<b>单环疗法</b>(UNCY)计划以7900万美元的市值筹集2500万美元。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/ad3dc9b07583a28aad047e44802c899e\" tg-width=\"942\" tg-height=\"732\"></p><p><blockquote></blockquote></p><p> <b>IPO Market Snapshot</b></p><p><blockquote><b>IPO市场快照</b></blockquote></p><p> The Renaissance IPO Indices are market cap weighted baskets of newly public companies. As of 7/8/21, the Renaissance IPO Index was down 0.8% year-to-date, while the S&amp;P 500 was up 15.0%. Renaissance Capital's IPO ETF (NYSE: IPO) tracks the index, and top ETF holdings include Snowflake (SNOW) and Palantir Technologies (PLTR). The Renaissance International IPO Index was down 5.2% year-to-date, while the ACWX was up 7.3%. Renaissance Capital’s International IPO ETF (NYSE: IPOS) tracks the index, and top ETF holdings include Smoore International and EQT Partners.</p><p><blockquote>文艺复兴IPO指数是新上市公司的市值加权篮子。截至2011年7月8日，文艺复兴IPO指数今年迄今下跌0.8%，而标普500上涨15.0%。Renaissance Capital的IPO ETF（纽约证券交易所股票代码：IPO）跟踪该指数，持有的顶级ETF包括Snowflake（SNOW）和Palantir Technologies（PLTR）。Renaissance International IPO指数今年迄今下跌5.2%，而ACWX指数上涨7.3%。Renaissance Capital的国际IPO ETF（纽约证券交易所股票代码：IPOS）跟踪该指数，持有的顶级ETF包括思摩尔国际和殷拓合伙人。</blockquote></p><p></p>","source":"lsy1603787993745","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>US IPO Week Ahead: Real estate, post-pandemic plays and more in an 9 IPO week<blockquote>美国IPO周：9周IPO中的房地产、大流行后游戏等</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\">\nUS IPO Week Ahead: Real estate, post-pandemic plays and more in an 9 IPO week<blockquote>美国IPO周：9周IPO中的房地产、大流行后游戏等</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Renaissance Capital</strong><span class=\"h-time small\">2021-07-10 08:05</span>\n</p>\n</h4>\n</header>\n<article>\n<p>After a slow holiday week, nine IPOs are scheduled to raise over $3 billion in the week ahead.</p><p><blockquote>在经历了一周的缓慢假期后，未来一周将有9起IPO筹集超过30亿美元的资金。</blockquote></p><p> Italian drug container supplier&nbsp;<b>Stevanato Group</b>(STVN) plans to raise $900 million at a $6.8 billion market cap. Controlled by its founding family, the profitable company supplies glass vials, syringes, and other medical-grade containers to more than 700 customers, including 41 of the top 50 pharmaceutical companies.</p><p><blockquote>意大利药品容器供应商<b>Stevanato集团</b>(STVN)计划以68亿美元的市值筹集9亿美元。这家盈利的公司由其创始家族控制，向700多家客户供应玻璃瓶、注射器和其他医疗级容器，其中包括排名前50的制药公司中的41家。</blockquote></p><p> Shopping center REIT&nbsp;<b>Phillips Edison &amp; Company</b>(PECO) plans to raise $502 million at a $3.7 billion market cap. This REIT owns equity interests in 300 shopping centers across the US, focusing on locations that are anchored by grocers like Kroger and Public. It targets a 3.5% annualized yield at the midpoint.</p><p><blockquote>购物中心房地产投资信托基金<b>菲利普斯爱迪生公司</b>(PECO)计划以37亿美元的市值筹集5.02亿美元。该房地产投资信托基金拥有美国300家购物中心的股权，重点关注克罗格和Public等杂货商入驻的地点。它的中点年化收益率目标为3.5%。</blockquote></p><p> Known for its member-only luxury hotel brand Soho House,<b>Membership Collective Group</b>(MCG) plans to raise $450 at a $3.2 billion market cap. The company boasts a large and loyal member base, though it has no track record of profitability and saw revenue fall by almost half in the 1Q21.</p><p><blockquote>以会员专属豪华酒店品牌Soho House而闻名，<b>会员集体组</b>(MCG)计划以32亿美元的市值筹集450美元。该公司拥有庞大而忠诚的会员基础，尽管它没有盈利记录，而且在2021年第一季度的收入下降了近一半。</blockquote></p><p> Mark Wahlberg-backed fitness franchise&nbsp;<b>F45 Training</b>(FXLV) plans to raise $325 million at a $1.5 billion market cap. Specializing in 45-minute workouts, F45 has over 1,500 studios worldwide. The company managed a 37% EBITDA in the trailing 12 months, though the company’s expected post-pandemic growth has yet to show through in the numbers.</p><p><blockquote>马克·沃尔伯格支持的健身特许经营权<b>F45训练</b>(FXLV)计划以15亿美元的市值筹集3.25亿美元。F45专注于45分钟的锻炼，在全球拥有1500多个工作室。该公司在过去12个月中实现了37%的EBITDA，尽管该公司预期的大流行后增长尚未在数字中体现出来。</blockquote></p><p> Mortgage software provider&nbsp;<b>Blend Labs</b>(BLND) plans to raise $340 million at a $4.5 billion market cap. Blend Labs provides a digital platform to financial services firms that improves the consumer experience when applying for mortgages and loans. Despite doubling revenue in 2020, the core software business is highly unprofitable due to R&amp;D and S&amp;M spend.</p><p><blockquote>抵押贷款软件提供商<b>混合实验室</b>(BLND)计划以45亿美元的市值筹集3.4亿美元。Blend Labs为金融服务公司提供了一个数字平台，改善了消费者申请抵押贷款和贷款时的体验。尽管2020年收入翻了一番，但由于研发和S&amp;M支出，核心软件业务非常无利可图。</blockquote></p><p> <b>Bridge Investment Group</b>(BRDG) plans to raise $300 million at a $1.8 billion market cap. This investment manager specializes in real estate equity and debt across multiple sectors. As of 3/31/2021, Bridge Investment Group has approximately $26 billion of AUM with more than 6,500 individual investors across 25 investment vehicles.</p><p><blockquote><b>桥梁投资集团</b>(BRDG)计划以18亿美元的市值筹集3亿美元。这位投资经理专门从事多个行业的房地产股权和债务。截至2021年3月31日，桥梁投资集团拥有约260亿美元的AUM，在25个投资工具中拥有超过6,500名个人投资者。</blockquote></p><p> Ocular medical device provider&nbsp;<b>Sight Sciences</b>(SGHT) plans to raise $150 million at a $1 billion market cap. The company develops and sells medical and surgical devices that present new treatment options for eye diseases. The highly unprofitable company showed signs of re-accelerating growth in the 1Q21 (+32%) after the pandemic delayed elective procedures in 2020.</p><p><blockquote>眼科医疗器械供应商<b>视觉科学</b>(SGHT)计划以10亿美元的市值筹集1.5亿美元。该公司开发和销售医疗和手术设备，为眼病提供新的治疗选择。在疫情推迟了2020年的选择性手术后，这家高度无利可图的公司在2021年第一季度显示出重新加速增长的迹象（+32%）。</blockquote></p><p> Pregnancy diagnostics company&nbsp;<b>Sera Prognostics</b>(SERA) plans to raise $75 million at a $564 million market cap. The company uses its proteomics and bioinformatics platform to develop biomarker tests aimed at improving pregnancy outcomes. Sera Prognostics’ sole commercial product, the PreTRM test, predicts the risk of a premature delivery, though it has yet to generate meaningful revenue.</p><p><blockquote>妊娠诊断公司<b>血清预后</b>(SERA)计划以5.64亿美元的市值筹集7500万美元。该公司利用其蛋白质组学和生物信息学平台开发旨在改善妊娠结局的生物标志物测试。Sera Prognostics唯一的商业产品PreTRM测试可以预测早产的风险，尽管它尚未产生有意义的收入。</blockquote></p><p> A hold-over from last week, early-stage kidney disease biotech&nbsp;<b>Unicycive Therapeutics</b>(UNCY) plans to raise $25 million at a $79 million market cap.</p><p><blockquote>上周的延期，早期肾病生物技术<b>单环疗法</b>(UNCY)计划以7900万美元的市值筹集2500万美元。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/ad3dc9b07583a28aad047e44802c899e\" tg-width=\"942\" tg-height=\"732\"></p><p><blockquote></blockquote></p><p> <b>IPO Market Snapshot</b></p><p><blockquote><b>IPO市场快照</b></blockquote></p><p> The Renaissance IPO Indices are market cap weighted baskets of newly public companies. As of 7/8/21, the Renaissance IPO Index was down 0.8% year-to-date, while the S&amp;P 500 was up 15.0%. Renaissance Capital's IPO ETF (NYSE: IPO) tracks the index, and top ETF holdings include Snowflake (SNOW) and Palantir Technologies (PLTR). The Renaissance International IPO Index was down 5.2% year-to-date, while the ACWX was up 7.3%. Renaissance Capital’s International IPO ETF (NYSE: IPOS) tracks the index, and top ETF holdings include Smoore International and EQT Partners.</p><p><blockquote>文艺复兴IPO指数是新上市公司的市值加权篮子。截至2011年7月8日，文艺复兴IPO指数今年迄今下跌0.8%，而标普500上涨15.0%。Renaissance Capital的IPO ETF（纽约证券交易所股票代码：IPO）跟踪该指数，持有的顶级ETF包括Snowflake（SNOW）和Palantir Technologies（PLTR）。Renaissance International IPO指数今年迄今下跌5.2%，而ACWX指数上涨7.3%。Renaissance Capital的国际IPO ETF（纽约证券交易所股票代码：IPOS）跟踪该指数，持有的顶级ETF包括思摩尔国际和殷拓合伙人。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.renaissancecapital.com/IPO-Center/News/83879/US-IPO-Week-Ahead-Real-estate-post-pandemic-plays-and-more-in-an-9-IPO-week\">Renaissance Capital</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":{"FXLV":"F45 Training Holdings Inc.",".SPX":"S&P 500 Index","SERA":"Sera Prognostics, Inc.","PECO":"Phillips Edison & Company, Inc.",".DJI":"道琼斯","BLND":"Blend Labs, Inc.","STVN":"Stevanato Group S.p.A.","SGHT":"Sight Sciences, Inc.",".IXIC":"NASDAQ Composite","BRDG":"Bridge Investment Group Holdings Inc."},"source_url":"https://www.renaissancecapital.com/IPO-Center/News/83879/US-IPO-Week-Ahead-Real-estate-post-pandemic-plays-and-more-in-an-9-IPO-week","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1195812364","content_text":"After a slow holiday week, nine IPOs are scheduled to raise over $3 billion in the week ahead.\nItalian drug container supplier Stevanato Group(STVN) plans to raise $900 million at a $6.8 billion market cap. Controlled by its founding family, the profitable company supplies glass vials, syringes, and other medical-grade containers to more than 700 customers, including 41 of the top 50 pharmaceutical companies.\nShopping center REIT Phillips Edison & Company(PECO) plans to raise $502 million at a $3.7 billion market cap. This REIT owns equity interests in 300 shopping centers across the US, focusing on locations that are anchored by grocers like Kroger and Public. It targets a 3.5% annualized yield at the midpoint.\nKnown for its member-only luxury hotel brand Soho House,Membership Collective Group(MCG) plans to raise $450 at a $3.2 billion market cap. The company boasts a large and loyal member base, though it has no track record of profitability and saw revenue fall by almost half in the 1Q21.\nMark Wahlberg-backed fitness franchise F45 Training(FXLV) plans to raise $325 million at a $1.5 billion market cap. Specializing in 45-minute workouts, F45 has over 1,500 studios worldwide. The company managed a 37% EBITDA in the trailing 12 months, though the company’s expected post-pandemic growth has yet to show through in the numbers.\nMortgage software provider Blend Labs(BLND) plans to raise $340 million at a $4.5 billion market cap. Blend Labs provides a digital platform to financial services firms that improves the consumer experience when applying for mortgages and loans. Despite doubling revenue in 2020, the core software business is highly unprofitable due to R&D and S&M spend.\nBridge Investment Group(BRDG) plans to raise $300 million at a $1.8 billion market cap. This investment manager specializes in real estate equity and debt across multiple sectors. As of 3/31/2021, Bridge Investment Group has approximately $26 billion of AUM with more than 6,500 individual investors across 25 investment vehicles.\nOcular medical device provider Sight Sciences(SGHT) plans to raise $150 million at a $1 billion market cap. The company develops and sells medical and surgical devices that present new treatment options for eye diseases. The highly unprofitable company showed signs of re-accelerating growth in the 1Q21 (+32%) after the pandemic delayed elective procedures in 2020.\nPregnancy diagnostics company Sera Prognostics(SERA) plans to raise $75 million at a $564 million market cap. The company uses its proteomics and bioinformatics platform to develop biomarker tests aimed at improving pregnancy outcomes. Sera Prognostics’ sole commercial product, the PreTRM test, predicts the risk of a premature delivery, though it has yet to generate meaningful revenue.\nA hold-over from last week, early-stage kidney disease biotech Unicycive Therapeutics(UNCY) plans to raise $25 million at a $79 million market cap.\n\nIPO Market Snapshot\nThe Renaissance IPO Indices are market cap weighted baskets of newly public companies. As of 7/8/21, the Renaissance IPO Index was down 0.8% year-to-date, while the S&P 500 was up 15.0%. Renaissance Capital's IPO ETF (NYSE: IPO) tracks the index, and top ETF holdings include Snowflake (SNOW) and Palantir Technologies (PLTR). The Renaissance International IPO Index was down 5.2% year-to-date, while the ACWX was up 7.3%. Renaissance Capital’s International IPO ETF (NYSE: IPOS) tracks the index, and top ETF holdings include Smoore International and EQT Partners.","news_type":1,"symbols_score_info":{"SERA":0.9,".SPX":0.9,"FXLV":0.9,"BRDG":0.9,"PECO":0.9,".IXIC":0.9,".DJI":0.9,"BLND":0.9,"SGHT":0.9,"STVN":0.9,"MCG":0.9}},"isVote":1,"tweetType":1,"viewCount":402,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":141347309,"gmtCreate":1625840328701,"gmtModify":1633936804567,"author":{"id":"3585112551047037","authorId":"3585112551047037","name":"nhwk","avatar":"https://static.tigerbbs.com/6c30e5ca56e66441b191f6d576d8fe16","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3585112551047037","idStr":"3585112551047037"},"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/141347309","repostId":"1173374462","repostType":4,"repost":{"id":"1173374462","kind":"news","pubTimestamp":1625840008,"share":"https://www.laohu8.com/m/news/1173374462?lang=zh_CN&edition=full","pubTime":"2021-07-09 22:13","market":"us","language":"en","title":"Meme Stocks Like GameStop and AMC Reflect Market Reality<blockquote>游戏驿站和AMC等模因股票反映了市场现实</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1173374462","media":"Thestreet","summary":"Gamestop (GME) made some investors rich… and then it broke many more. Investing in AMC Entertainment","content":"<p>Gamestop&nbsp;(<b>GME</b>)&nbsp;made some investors rich… and then it broke many more. Investing in AMC Entertainment&nbsp;(<b>AMC</b>)&nbsp;did the exact same thing. These two stocks represent, if not failing businesses, at least ailing ones; companies that struggled to keep up with the new economy even before the pandemic shut down large swaths of it. Yet over the past few months they have posted some of the most volatile gains and losses on the market.</p><p><blockquote>游戏驿站(<b>GME</b>）让一些投资者变得富有……然后又破产了更多。投资AMC院线（<b>AMC</b>）做了完全相同的事情。这两只股票即使不是失败的企业，也至少代表了陷入困境的企业；甚至在大流行之前就努力跟上新经济的公司就关闭了大部分新经济。然而，在过去的几个月里，他们公布了市场上一些最不稳定的收益和损失。</blockquote></p><p> How?</p><p><blockquote>如何？</blockquote></p><p> It’s down to what Real Money's Timothy Collins calls the market of “meme stock hyperbole.” But, he writes, is it really all that different from how trading has always worked?</p><p><blockquote>这取决于Real Money的Timothy Collins评级市场的“模因股票夸张”。但是，他写道，这真的与交易一直以来的运作方式有那么大的不同吗？</blockquote></p><p> Have you ever really thought about the phrases 'to the moon' or 'conviction buy,' and how they mess with out perception of fair value?</p><p><blockquote>您是否真正想过“登月”或“信念购买”这两个短语，以及它们如何扰乱我们对公允价值的看法？</blockquote></p><p> \"Initially, I rolled my eyes at the continued use of the phrase 'To The Moon,'\" Collins says. \"It's not like 'Strong Buy with a price target of $65', for instance. 'To the moon' is completely arbitrary and open to interpretation, but then again so are most things about valuation, when you think about it,\" Collins wrote.</p><p><blockquote>“最初，我对继续使用‘去月球’这个词翻了个白眼，”柯林斯说。“例如，这不像‘强力买入，目标价为65美元’。‘登月’完全是任意的，可以进行解释，但话又说回来，当你仔细想想时，大多数关于估值的事情也是如此，”柯林斯写道。</blockquote></p><p> \"For instance, when an analyst pounds the table on a stock, how is that different from 'to the moon?' Or when someone says, 'all in.' Are they really all in? Did they cash in all their assets, pool the liquidity, and buy every share they possibly could? Probably not. Actually, I'd say definitely not 99.9999% of the time. Of course, there's always that one person,\" Collins said.</p><p><blockquote>“例如，当分析师在一只股票上敲打桌子时，这与‘飞向月球’有什么不同？或者当有人说‘全押’时。他们真的全押了吗？他们是否兑现了所有资产，汇集了流动性，并尽可能地购买了每一股？可能不会。事实上，我会说绝对不是99.9999%的情况。当然，总有那么一个人，”柯林斯说。</blockquote></p><p> \"But the point isWall Street has been arbitraryfor years. We can't even have a standard rating system. Is it 'Neutral' or 'Hold?' And really, do I want to hold something that is only in the middle of your range? No.\"</p><p><blockquote>“但关键是，华尔街多年来一直是武断的。我们甚至不能有一个标准的评级系统。它是‘中性’还是‘持有’？说真的，我想持有只在你的范围中间的东西吗？不。”</blockquote></p><p> Collins writes, \"The system should be 'buy' or 'sell.' That's it. Black or white. Own or don't own.\"</p><p><blockquote>柯林斯写道，“系统应该是‘买入’或‘卖出’。就是这样。黑或白。拥有或不拥有。”</blockquote></p><p> Assets like GameStop and even cryptocurrency seem to be selling on nothing more than pure emotion. Investors are taking these products for a joy ride, and that tends to send prices flying up and down the ladder.</p><p><blockquote>像游戏驿站甚至加密货币这样的资产似乎只不过是纯粹的情绪在出售。投资者正在享受这些产品，这往往会导致价格飞涨。</blockquote></p><p> That’s confusing, to be sure. Just, before you go throwing your hands in the air, it’s important to remember that the stock market has always been at least a little bit arbitrary.</p><p><blockquote>诚然，这很令人困惑。只是，在你举手之前，重要的是要记住股票市场总是至少有一点武断。</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>Meme Stocks Like GameStop and AMC Reflect Market Reality<blockquote>游戏驿站和AMC等模因股票反映了市场现实</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\">\nMeme Stocks Like GameStop and AMC Reflect Market Reality<blockquote>游戏驿站和AMC等模因股票反映了市场现实</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Thestreet</strong><span class=\"h-time small\">2021-07-09 22:13</span>\n</p>\n</h4>\n</header>\n<article>\n<p>Gamestop&nbsp;(<b>GME</b>)&nbsp;made some investors rich… and then it broke many more. Investing in AMC Entertainment&nbsp;(<b>AMC</b>)&nbsp;did the exact same thing. These two stocks represent, if not failing businesses, at least ailing ones; companies that struggled to keep up with the new economy even before the pandemic shut down large swaths of it. Yet over the past few months they have posted some of the most volatile gains and losses on the market.</p><p><blockquote>游戏驿站(<b>GME</b>）让一些投资者变得富有……然后又破产了更多。投资AMC院线（<b>AMC</b>）做了完全相同的事情。这两只股票即使不是失败的企业，也至少代表了陷入困境的企业；甚至在大流行之前就努力跟上新经济的公司就关闭了大部分新经济。然而，在过去的几个月里，他们公布了市场上一些最不稳定的收益和损失。</blockquote></p><p> How?</p><p><blockquote>如何？</blockquote></p><p> It’s down to what Real Money's Timothy Collins calls the market of “meme stock hyperbole.” But, he writes, is it really all that different from how trading has always worked?</p><p><blockquote>这取决于Real Money的Timothy Collins评级市场的“模因股票夸张”。但是，他写道，这真的与交易一直以来的运作方式有那么大的不同吗？</blockquote></p><p> Have you ever really thought about the phrases 'to the moon' or 'conviction buy,' and how they mess with out perception of fair value?</p><p><blockquote>您是否真正想过“登月”或“信念购买”这两个短语，以及它们如何扰乱我们对公允价值的看法？</blockquote></p><p> \"Initially, I rolled my eyes at the continued use of the phrase 'To The Moon,'\" Collins says. \"It's not like 'Strong Buy with a price target of $65', for instance. 'To the moon' is completely arbitrary and open to interpretation, but then again so are most things about valuation, when you think about it,\" Collins wrote.</p><p><blockquote>“最初，我对继续使用‘去月球’这个词翻了个白眼，”柯林斯说。“例如，这不像‘强力买入，目标价为65美元’。‘登月’完全是任意的，可以进行解释，但话又说回来，当你仔细想想时，大多数关于估值的事情也是如此，”柯林斯写道。</blockquote></p><p> \"For instance, when an analyst pounds the table on a stock, how is that different from 'to the moon?' Or when someone says, 'all in.' Are they really all in? Did they cash in all their assets, pool the liquidity, and buy every share they possibly could? Probably not. Actually, I'd say definitely not 99.9999% of the time. Of course, there's always that one person,\" Collins said.</p><p><blockquote>“例如，当分析师在一只股票上敲打桌子时，这与‘飞向月球’有什么不同？或者当有人说‘全押’时。他们真的全押了吗？他们是否兑现了所有资产，汇集了流动性，并尽可能地购买了每一股？可能不会。事实上，我会说绝对不是99.9999%的情况。当然，总有那么一个人，”柯林斯说。</blockquote></p><p> \"But the point isWall Street has been arbitraryfor years. We can't even have a standard rating system. Is it 'Neutral' or 'Hold?' And really, do I want to hold something that is only in the middle of your range? No.\"</p><p><blockquote>“但关键是，华尔街多年来一直是武断的。我们甚至不能有一个标准的评级系统。它是‘中性’还是‘持有’？说真的，我想持有只在你的范围中间的东西吗？不。”</blockquote></p><p> Collins writes, \"The system should be 'buy' or 'sell.' That's it. Black or white. Own or don't own.\"</p><p><blockquote>柯林斯写道，“系统应该是‘买入’或‘卖出’。就是这样。黑或白。拥有或不拥有。”</blockquote></p><p> Assets like GameStop and even cryptocurrency seem to be selling on nothing more than pure emotion. Investors are taking these products for a joy ride, and that tends to send prices flying up and down the ladder.</p><p><blockquote>像游戏驿站甚至加密货币这样的资产似乎只不过是纯粹的情绪在出售。投资者正在享受这些产品，这往往会导致价格飞涨。</blockquote></p><p> That’s confusing, to be sure. Just, before you go throwing your hands in the air, it’s important to remember that the stock market has always been at least a little bit arbitrary.</p><p><blockquote>诚然，这很令人困惑。只是，在你举手之前，重要的是要记住股票市场总是至少有一点武断。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.thestreet.com/investing/meme-stocks-like-gamestop-amc-reflect-market-reality\">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":{"GME":"游戏驿站","AMC":"AMC院线"},"source_url":"https://www.thestreet.com/investing/meme-stocks-like-gamestop-amc-reflect-market-reality","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1173374462","content_text":"Gamestop (GME) made some investors rich… and then it broke many more. Investing in AMC Entertainment (AMC) did the exact same thing. These two stocks represent, if not failing businesses, at least ailing ones; companies that struggled to keep up with the new economy even before the pandemic shut down large swaths of it. Yet over the past few months they have posted some of the most volatile gains and losses on the market.\nHow?\nIt’s down to what Real Money's Timothy Collins calls the market of “meme stock hyperbole.” But, he writes, is it really all that different from how trading has always worked?\nHave you ever really thought about the phrases 'to the moon' or 'conviction buy,' and how they mess with out perception of fair value?\n\"Initially, I rolled my eyes at the continued use of the phrase 'To The Moon,'\" Collins says. \"It's not like 'Strong Buy with a price target of $65', for instance. 'To the moon' is completely arbitrary and open to interpretation, but then again so are most things about valuation, when you think about it,\" Collins wrote.\n\"For instance, when an analyst pounds the table on a stock, how is that different from 'to the moon?' Or when someone says, 'all in.' Are they really all in? Did they cash in all their assets, pool the liquidity, and buy every share they possibly could? Probably not. Actually, I'd say definitely not 99.9999% of the time. Of course, there's always that one person,\" Collins said.\n\"But the point isWall Street has been arbitraryfor years. We can't even have a standard rating system. Is it 'Neutral' or 'Hold?' And really, do I want to hold something that is only in the middle of your range? No.\"\nCollins writes, \"The system should be 'buy' or 'sell.' That's it. Black or white. Own or don't own.\"\nAssets like GameStop and even cryptocurrency seem to be selling on nothing more than pure emotion. Investors are taking these products for a joy ride, and that tends to send prices flying up and down the ladder.\nThat’s confusing, to be sure. Just, before you go throwing your hands in the air, it’s important to remember that the stock market has always been at least a little bit arbitrary.","news_type":1,"symbols_score_info":{"GME":0.9,"AMC":0.9}},"isVote":1,"tweetType":1,"viewCount":296,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":149441778,"gmtCreate":1625745739994,"gmtModify":1633937802152,"author":{"id":"3585112551047037","authorId":"3585112551047037","name":"nhwk","avatar":"https://static.tigerbbs.com/6c30e5ca56e66441b191f6d576d8fe16","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3585112551047037","idStr":"3585112551047037"},"themes":[],"htmlText":"👊🏻","listText":"👊🏻","text":"👊🏻","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/149441778","repostId":"1173465225","repostType":4,"isVote":1,"tweetType":1,"viewCount":418,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":140659218,"gmtCreate":1625656049534,"gmtModify":1633938687020,"author":{"id":"3585112551047037","authorId":"3585112551047037","name":"nhwk","avatar":"https://static.tigerbbs.com/6c30e5ca56e66441b191f6d576d8fe16","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3585112551047037","idStr":"3585112551047037"},"themes":[],"htmlText":"Like pls","listText":"Like pls","text":"Like pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/140659218","repostId":"2149399705","repostType":4,"isVote":1,"tweetType":1,"viewCount":625,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":157610999,"gmtCreate":1625580021411,"gmtModify":1633939420782,"author":{"id":"3585112551047037","authorId":"3585112551047037","name":"nhwk","avatar":"https://static.tigerbbs.com/6c30e5ca56e66441b191f6d576d8fe16","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3585112551047037","idStr":"3585112551047037"},"themes":[],"htmlText":"Like 👍🏻&nbsp;","listText":"Like 👍🏻&nbsp;","text":"Like 👍🏻","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/157610999","repostId":"1189769697","repostType":4,"repost":{"id":"1189769697","kind":"news","pubTimestamp":1625579734,"share":"https://www.laohu8.com/m/news/1189769697?lang=zh_CN&edition=full","pubTime":"2021-07-06 21:55","market":"us","language":"en","title":"Nvidia Gains on Another Analyst Price-Target Boost<blockquote>英伟达因分析师再次上调目标价而上涨</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1189769697","media":"Thestreet","summary":"Nvidia  shares gained on Tuesday after another Wall Street analyst lifted his price target to near $1,000 amid expectations of continued strong demand for video graphics cards and related semiconductors that are used for both gaming and mining cryptocurrencies.Keybanc analyst John Vinh lifted his one-year price target on Nvidia to $950 from $775, following in the footsteps of BMO Capital Markets analyst Ambrish Srivastava, who just last Thursdaylifted his own price target on the chip titanto a W","content":"<p>Nvidia&nbsp;(<b>NVDA</b>)&nbsp;shares gained on Tuesday after another Wall Street analyst lifted his price target to near $1,000 amid expectations of continued strong demand for video graphics cards and related semiconductors that are used for both gaming and mining cryptocurrencies.</p><p><blockquote>英伟达(<b>NVDA</b>）周二，另一位华尔街分析师将目标价上调至近1,000美元，原因是预计对用于游戏和挖掘加密货币的视频显卡和相关半导体的需求将持续强劲，股价上涨。</blockquote></p><p> Keybanc analyst John Vinh lifted his one-year price target on Nvidia to $950 from $775, following in the footsteps of BMO Capital Markets analyst Ambrish Srivastava, who just last Thursdaylifted his own price target on the chip titanto a Wall Street high of $1,000 from $975 and affirmed an outperform rating.</p><p><blockquote>Keybanc分析师John Vinh将Nvidia的一年目标价从775美元上调至950美元，紧随BMO资本市场分析师Ambrish Srivastava的脚步，后者上周四将芯片titanto的目标价从华尔街高点1,000美元上调至975美元，并确认跑赢大盘评级。</blockquote></p><p> Analysts have piled on the praise for Nvidia since the company’s first-quarter results,which came in better than expected&nbsp;amid strength in so-called hyperscale data center demand, which includes demand for its graphics cards and chips using for both gaming and crypto mining.</p><p><blockquote>自英伟达公布第一季度业绩以来，分析师对该公司赞不绝口，由于所谓的超大规模数据中心需求强劲，该公司的业绩好于预期，其中包括对用于游戏和加密货币挖矿的显卡和芯片的需求。</blockquote></p><p> Even before then, analysts were&nbsp;touting Nvidia’s performance&nbsp;amid strong demand for its gaming graphics cards, which surged through the pandemic and stay-at-home orders that boosted demand for at-home entertainment like video games, compounded by the ongoing chip shortage that has boosted demand - and prices -for the chips and the cards themselves.</p><p><blockquote>甚至在此之前，分析师就在对英伟达游戏显卡的强劲需求中吹捧英伟达的业绩，该显卡在大流行期间激增，而居家订单提振了对视频游戏等家庭娱乐的需求，而持续的芯片短缺又加剧了这种情况。增加了芯片和卡本身的需求和价格。</blockquote></p><p> At the same time, surging prices for Bitcoin, Ethereum and other cryptocurrencies this year also have fueled demand. Crypto miners use graphics processing units, or GPUs, to mine currencies such as Bitcoin and Ethereum. Nvidia’slatest RTX 30 series, launched last year, has proven particularly popular with miners.</p><p><blockquote>与此同时，今年比特币、以太币和其他加密货币的价格飙升也刺激了需求。加密货币矿工使用图形处理单元（GPU）来挖掘比特币和以太币等货币。事实证明，英伟达去年推出的最新RTX 30系列特别受矿工欢迎。</blockquote></p><p> TheStreet's&nbsp;Jim Cramerin his&nbsp;Real Money&nbsp;column on Tuesdaynoted another reason to be bullish on Nvidia: a potential acquisition that will beef up its business even more.</p><p><blockquote>《华尔街日报》的吉姆·克莱默(Jim Cramerer)在周二的《真钱》专栏中指出了看好英伟达的另一个原因：一项潜在的收购将进一步增强其业务。</blockquote></p><p> Specifically, Jim pointed to the increasing likelihood that regulators will allow the company to buy Arm Holdings, a British company that excels in cellphones and personal computers, which will add to its already strong sales pipeline that has been driven by far more than just demand from Ethereum miners.</p><p><blockquote>具体来说，吉姆指出，监管机构允许该公司收购Arm Holdings的可能性越来越大，Arm Holdings是一家擅长手机和个人电脑的英国公司，这将增加其本已强劲的销售渠道，而该渠道的推动因素不仅仅是来自以太币矿工的需求。</blockquote></p><p> \"I'm sure some of you might think that Nvidia is more of an Ethereum play, because its cards are used to mine the cryptocurrency,\" Cramer wrote. \"In reality, that's a tiny portion of their business and is made up of cards that aren't up to specification for gaming, scrap if you will.\"</p><p><blockquote>克莱默写道：“我相信你们中的一些人可能会认为英伟达更像是一家以太币公司，因为它的卡是用来挖掘加密货币的。”“事实上，这只是他们业务的一小部分，而且由不符合游戏规格的卡组成，如果你愿意的话，可以报废。”</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>Nvidia Gains on Another Analyst Price-Target Boost<blockquote>英伟达因分析师再次上调目标价而上涨</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\">\nNvidia Gains on Another Analyst Price-Target Boost<blockquote>英伟达因分析师再次上调目标价而上涨</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Thestreet</strong><span class=\"h-time small\">2021-07-06 21:55</span>\n</p>\n</h4>\n</header>\n<article>\n<p>Nvidia&nbsp;(<b>NVDA</b>)&nbsp;shares gained on Tuesday after another Wall Street analyst lifted his price target to near $1,000 amid expectations of continued strong demand for video graphics cards and related semiconductors that are used for both gaming and mining cryptocurrencies.</p><p><blockquote>英伟达(<b>NVDA</b>）周二，另一位华尔街分析师将目标价上调至近1,000美元，原因是预计对用于游戏和挖掘加密货币的视频显卡和相关半导体的需求将持续强劲，股价上涨。</blockquote></p><p> Keybanc analyst John Vinh lifted his one-year price target on Nvidia to $950 from $775, following in the footsteps of BMO Capital Markets analyst Ambrish Srivastava, who just last Thursdaylifted his own price target on the chip titanto a Wall Street high of $1,000 from $975 and affirmed an outperform rating.</p><p><blockquote>Keybanc分析师John Vinh将Nvidia的一年目标价从775美元上调至950美元，紧随BMO资本市场分析师Ambrish Srivastava的脚步，后者上周四将芯片titanto的目标价从华尔街高点1,000美元上调至975美元，并确认跑赢大盘评级。</blockquote></p><p> Analysts have piled on the praise for Nvidia since the company’s first-quarter results,which came in better than expected&nbsp;amid strength in so-called hyperscale data center demand, which includes demand for its graphics cards and chips using for both gaming and crypto mining.</p><p><blockquote>自英伟达公布第一季度业绩以来，分析师对该公司赞不绝口，由于所谓的超大规模数据中心需求强劲，该公司的业绩好于预期，其中包括对用于游戏和加密货币挖矿的显卡和芯片的需求。</blockquote></p><p> Even before then, analysts were&nbsp;touting Nvidia’s performance&nbsp;amid strong demand for its gaming graphics cards, which surged through the pandemic and stay-at-home orders that boosted demand for at-home entertainment like video games, compounded by the ongoing chip shortage that has boosted demand - and prices -for the chips and the cards themselves.</p><p><blockquote>甚至在此之前，分析师就在对英伟达游戏显卡的强劲需求中吹捧英伟达的业绩，该显卡在大流行期间激增，而居家订单提振了对视频游戏等家庭娱乐的需求，而持续的芯片短缺又加剧了这种情况。增加了芯片和卡本身的需求和价格。</blockquote></p><p> At the same time, surging prices for Bitcoin, Ethereum and other cryptocurrencies this year also have fueled demand. Crypto miners use graphics processing units, or GPUs, to mine currencies such as Bitcoin and Ethereum. Nvidia’slatest RTX 30 series, launched last year, has proven particularly popular with miners.</p><p><blockquote>与此同时，今年比特币、以太币和其他加密货币的价格飙升也刺激了需求。加密货币矿工使用图形处理单元（GPU）来挖掘比特币和以太币等货币。事实证明，英伟达去年推出的最新RTX 30系列特别受矿工欢迎。</blockquote></p><p> TheStreet's&nbsp;Jim Cramerin his&nbsp;Real Money&nbsp;column on Tuesdaynoted another reason to be bullish on Nvidia: a potential acquisition that will beef up its business even more.</p><p><blockquote>《华尔街日报》的吉姆·克莱默(Jim Cramerer)在周二的《真钱》专栏中指出了看好英伟达的另一个原因：一项潜在的收购将进一步增强其业务。</blockquote></p><p> Specifically, Jim pointed to the increasing likelihood that regulators will allow the company to buy Arm Holdings, a British company that excels in cellphones and personal computers, which will add to its already strong sales pipeline that has been driven by far more than just demand from Ethereum miners.</p><p><blockquote>具体来说，吉姆指出，监管机构允许该公司收购Arm Holdings的可能性越来越大，Arm Holdings是一家擅长手机和个人电脑的英国公司，这将增加其本已强劲的销售渠道，而该渠道的推动因素不仅仅是来自以太币矿工的需求。</blockquote></p><p> \"I'm sure some of you might think that Nvidia is more of an Ethereum play, because its cards are used to mine the cryptocurrency,\" Cramer wrote. \"In reality, that's a tiny portion of their business and is made up of cards that aren't up to specification for gaming, scrap if you will.\"</p><p><blockquote>克莱默写道：“我相信你们中的一些人可能会认为英伟达更像是一家以太币公司，因为它的卡是用来挖掘加密货币的。”“事实上，这只是他们业务的一小部分，而且由不符合游戏规格的卡组成，如果你愿意的话，可以报废。”</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.thestreet.com/investing/nvidia-nvda-keybanc-price-target-boost-070621\">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":{"NVDA":"英伟达"},"source_url":"https://www.thestreet.com/investing/nvidia-nvda-keybanc-price-target-boost-070621","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1189769697","content_text":"Nvidia (NVDA) shares gained on Tuesday after another Wall Street analyst lifted his price target to near $1,000 amid expectations of continued strong demand for video graphics cards and related semiconductors that are used for both gaming and mining cryptocurrencies.\nKeybanc analyst John Vinh lifted his one-year price target on Nvidia to $950 from $775, following in the footsteps of BMO Capital Markets analyst Ambrish Srivastava, who just last Thursdaylifted his own price target on the chip titanto a Wall Street high of $1,000 from $975 and affirmed an outperform rating.\nAnalysts have piled on the praise for Nvidia since the company’s first-quarter results,which came in better than expected amid strength in so-called hyperscale data center demand, which includes demand for its graphics cards and chips using for both gaming and crypto mining.\nEven before then, analysts were touting Nvidia’s performance amid strong demand for its gaming graphics cards, which surged through the pandemic and stay-at-home orders that boosted demand for at-home entertainment like video games, compounded by the ongoing chip shortage that has boosted demand - and prices -for the chips and the cards themselves.\nAt the same time, surging prices for Bitcoin, Ethereum and other cryptocurrencies this year also have fueled demand. Crypto miners use graphics processing units, or GPUs, to mine currencies such as Bitcoin and Ethereum. Nvidia’slatest RTX 30 series, launched last year, has proven particularly popular with miners.\nTheStreet's Jim Cramerin his Real Money column on Tuesdaynoted another reason to be bullish on Nvidia: a potential acquisition that will beef up its business even more.\nSpecifically, Jim pointed to the increasing likelihood that regulators will allow the company to buy Arm Holdings, a British company that excels in cellphones and personal computers, which will add to its already strong sales pipeline that has been driven by far more than just demand from Ethereum miners.\n\"I'm sure some of you might think that Nvidia is more of an Ethereum play, because its cards are used to mine the cryptocurrency,\" Cramer wrote. \"In reality, that's a tiny portion of their business and is made up of cards that aren't up to specification for gaming, scrap if you will.\"","news_type":1,"symbols_score_info":{"NVDA":0.9}},"isVote":1,"tweetType":1,"viewCount":506,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":157637588,"gmtCreate":1625580009244,"gmtModify":1633939421028,"author":{"id":"3585112551047037","authorId":"3585112551047037","name":"nhwk","avatar":"https://static.tigerbbs.com/6c30e5ca56e66441b191f6d576d8fe16","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3585112551047037","idStr":"3585112551047037"},"themes":[],"htmlText":"Like 👍🏻&nbsp;","listText":"Like 👍🏻&nbsp;","text":"Like 👍🏻","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/157637588","repostId":"1189769697","repostType":4,"repost":{"id":"1189769697","kind":"news","pubTimestamp":1625579734,"share":"https://www.laohu8.com/m/news/1189769697?lang=zh_CN&edition=full","pubTime":"2021-07-06 21:55","market":"us","language":"en","title":"Nvidia Gains on Another Analyst Price-Target Boost<blockquote>英伟达因分析师再次上调目标价而上涨</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1189769697","media":"Thestreet","summary":"Nvidia  shares gained on Tuesday after another Wall Street analyst lifted his price target to near $1,000 amid expectations of continued strong demand for video graphics cards and related semiconductors that are used for both gaming and mining cryptocurrencies.Keybanc analyst John Vinh lifted his one-year price target on Nvidia to $950 from $775, following in the footsteps of BMO Capital Markets analyst Ambrish Srivastava, who just last Thursdaylifted his own price target on the chip titanto a W","content":"<p>Nvidia&nbsp;(<b>NVDA</b>)&nbsp;shares gained on Tuesday after another Wall Street analyst lifted his price target to near $1,000 amid expectations of continued strong demand for video graphics cards and related semiconductors that are used for both gaming and mining cryptocurrencies.</p><p><blockquote>英伟达(<b>NVDA</b>）周二，另一位华尔街分析师将目标价上调至近1,000美元，原因是预计对用于游戏和挖掘加密货币的视频显卡和相关半导体的需求将持续强劲，股价上涨。</blockquote></p><p> Keybanc analyst John Vinh lifted his one-year price target on Nvidia to $950 from $775, following in the footsteps of BMO Capital Markets analyst Ambrish Srivastava, who just last Thursdaylifted his own price target on the chip titanto a Wall Street high of $1,000 from $975 and affirmed an outperform rating.</p><p><blockquote>Keybanc分析师John Vinh将Nvidia的一年目标价从775美元上调至950美元，紧随BMO资本市场分析师Ambrish Srivastava的脚步，后者上周四将芯片titanto的目标价从华尔街高点1,000美元上调至975美元，并确认跑赢大盘评级。</blockquote></p><p> Analysts have piled on the praise for Nvidia since the company’s first-quarter results,which came in better than expected&nbsp;amid strength in so-called hyperscale data center demand, which includes demand for its graphics cards and chips using for both gaming and crypto mining.</p><p><blockquote>自英伟达公布第一季度业绩以来，分析师对该公司赞不绝口，由于所谓的超大规模数据中心需求强劲，该公司的业绩好于预期，其中包括对用于游戏和加密货币挖矿的显卡和芯片的需求。</blockquote></p><p> Even before then, analysts were&nbsp;touting Nvidia’s performance&nbsp;amid strong demand for its gaming graphics cards, which surged through the pandemic and stay-at-home orders that boosted demand for at-home entertainment like video games, compounded by the ongoing chip shortage that has boosted demand - and prices -for the chips and the cards themselves.</p><p><blockquote>甚至在此之前，分析师就在对英伟达游戏显卡的强劲需求中吹捧英伟达的业绩，该显卡在大流行期间激增，而居家订单提振了对视频游戏等家庭娱乐的需求，而持续的芯片短缺又加剧了这种情况。增加了芯片和卡本身的需求和价格。</blockquote></p><p> At the same time, surging prices for Bitcoin, Ethereum and other cryptocurrencies this year also have fueled demand. Crypto miners use graphics processing units, or GPUs, to mine currencies such as Bitcoin and Ethereum. Nvidia’slatest RTX 30 series, launched last year, has proven particularly popular with miners.</p><p><blockquote>与此同时，今年比特币、以太币和其他加密货币的价格飙升也刺激了需求。加密货币矿工使用图形处理单元（GPU）来挖掘比特币和以太币等货币。事实证明，英伟达去年推出的最新RTX 30系列特别受矿工欢迎。</blockquote></p><p> TheStreet's&nbsp;Jim Cramerin his&nbsp;Real Money&nbsp;column on Tuesdaynoted another reason to be bullish on Nvidia: a potential acquisition that will beef up its business even more.</p><p><blockquote>《华尔街日报》的吉姆·克莱默(Jim Cramerer)在周二的《真钱》专栏中指出了看好英伟达的另一个原因：一项潜在的收购将进一步增强其业务。</blockquote></p><p> Specifically, Jim pointed to the increasing likelihood that regulators will allow the company to buy Arm Holdings, a British company that excels in cellphones and personal computers, which will add to its already strong sales pipeline that has been driven by far more than just demand from Ethereum miners.</p><p><blockquote>具体来说，吉姆指出，监管机构允许该公司收购Arm Holdings的可能性越来越大，Arm Holdings是一家擅长手机和个人电脑的英国公司，这将增加其本已强劲的销售渠道，而该渠道的推动因素不仅仅是来自以太币矿工的需求。</blockquote></p><p> \"I'm sure some of you might think that Nvidia is more of an Ethereum play, because its cards are used to mine the cryptocurrency,\" Cramer wrote. \"In reality, that's a tiny portion of their business and is made up of cards that aren't up to specification for gaming, scrap if you will.\"</p><p><blockquote>克莱默写道：“我相信你们中的一些人可能会认为英伟达更像是一家以太币公司，因为它的卡是用来挖掘加密货币的。”“事实上，这只是他们业务的一小部分，而且由不符合游戏规格的卡组成，如果你愿意的话，可以报废。”</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>Nvidia Gains on Another Analyst Price-Target Boost<blockquote>英伟达因分析师再次上调目标价而上涨</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\">\nNvidia Gains on Another Analyst Price-Target Boost<blockquote>英伟达因分析师再次上调目标价而上涨</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Thestreet</strong><span class=\"h-time small\">2021-07-06 21:55</span>\n</p>\n</h4>\n</header>\n<article>\n<p>Nvidia&nbsp;(<b>NVDA</b>)&nbsp;shares gained on Tuesday after another Wall Street analyst lifted his price target to near $1,000 amid expectations of continued strong demand for video graphics cards and related semiconductors that are used for both gaming and mining cryptocurrencies.</p><p><blockquote>英伟达(<b>NVDA</b>）周二，另一位华尔街分析师将目标价上调至近1,000美元，原因是预计对用于游戏和挖掘加密货币的视频显卡和相关半导体的需求将持续强劲，股价上涨。</blockquote></p><p> Keybanc analyst John Vinh lifted his one-year price target on Nvidia to $950 from $775, following in the footsteps of BMO Capital Markets analyst Ambrish Srivastava, who just last Thursdaylifted his own price target on the chip titanto a Wall Street high of $1,000 from $975 and affirmed an outperform rating.</p><p><blockquote>Keybanc分析师John Vinh将Nvidia的一年目标价从775美元上调至950美元，紧随BMO资本市场分析师Ambrish Srivastava的脚步，后者上周四将芯片titanto的目标价从华尔街高点1,000美元上调至975美元，并确认跑赢大盘评级。</blockquote></p><p> Analysts have piled on the praise for Nvidia since the company’s first-quarter results,which came in better than expected&nbsp;amid strength in so-called hyperscale data center demand, which includes demand for its graphics cards and chips using for both gaming and crypto mining.</p><p><blockquote>自英伟达公布第一季度业绩以来，分析师对该公司赞不绝口，由于所谓的超大规模数据中心需求强劲，该公司的业绩好于预期，其中包括对用于游戏和加密货币挖矿的显卡和芯片的需求。</blockquote></p><p> Even before then, analysts were&nbsp;touting Nvidia’s performance&nbsp;amid strong demand for its gaming graphics cards, which surged through the pandemic and stay-at-home orders that boosted demand for at-home entertainment like video games, compounded by the ongoing chip shortage that has boosted demand - and prices -for the chips and the cards themselves.</p><p><blockquote>甚至在此之前，分析师就在对英伟达游戏显卡的强劲需求中吹捧英伟达的业绩，该显卡在大流行期间激增，而居家订单提振了对视频游戏等家庭娱乐的需求，而持续的芯片短缺又加剧了这种情况。增加了芯片和卡本身的需求和价格。</blockquote></p><p> At the same time, surging prices for Bitcoin, Ethereum and other cryptocurrencies this year also have fueled demand. Crypto miners use graphics processing units, or GPUs, to mine currencies such as Bitcoin and Ethereum. Nvidia’slatest RTX 30 series, launched last year, has proven particularly popular with miners.</p><p><blockquote>与此同时，今年比特币、以太币和其他加密货币的价格飙升也刺激了需求。加密货币矿工使用图形处理单元（GPU）来挖掘比特币和以太币等货币。事实证明，英伟达去年推出的最新RTX 30系列特别受矿工欢迎。</blockquote></p><p> TheStreet's&nbsp;Jim Cramerin his&nbsp;Real Money&nbsp;column on Tuesdaynoted another reason to be bullish on Nvidia: a potential acquisition that will beef up its business even more.</p><p><blockquote>《华尔街日报》的吉姆·克莱默(Jim Cramerer)在周二的《真钱》专栏中指出了看好英伟达的另一个原因：一项潜在的收购将进一步增强其业务。</blockquote></p><p> Specifically, Jim pointed to the increasing likelihood that regulators will allow the company to buy Arm Holdings, a British company that excels in cellphones and personal computers, which will add to its already strong sales pipeline that has been driven by far more than just demand from Ethereum miners.</p><p><blockquote>具体来说，吉姆指出，监管机构允许该公司收购Arm Holdings的可能性越来越大，Arm Holdings是一家擅长手机和个人电脑的英国公司，这将增加其本已强劲的销售渠道，而该渠道的推动因素不仅仅是来自以太币矿工的需求。</blockquote></p><p> \"I'm sure some of you might think that Nvidia is more of an Ethereum play, because its cards are used to mine the cryptocurrency,\" Cramer wrote. \"In reality, that's a tiny portion of their business and is made up of cards that aren't up to specification for gaming, scrap if you will.\"</p><p><blockquote>克莱默写道：“我相信你们中的一些人可能会认为英伟达更像是一家以太币公司，因为它的卡是用来挖掘加密货币的。”“事实上，这只是他们业务的一小部分，而且由不符合游戏规格的卡组成，如果你愿意的话，可以报废。”</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.thestreet.com/investing/nvidia-nvda-keybanc-price-target-boost-070621\">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":{"NVDA":"英伟达"},"source_url":"https://www.thestreet.com/investing/nvidia-nvda-keybanc-price-target-boost-070621","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1189769697","content_text":"Nvidia (NVDA) shares gained on Tuesday after another Wall Street analyst lifted his price target to near $1,000 amid expectations of continued strong demand for video graphics cards and related semiconductors that are used for both gaming and mining cryptocurrencies.\nKeybanc analyst John Vinh lifted his one-year price target on Nvidia to $950 from $775, following in the footsteps of BMO Capital Markets analyst Ambrish Srivastava, who just last Thursdaylifted his own price target on the chip titanto a Wall Street high of $1,000 from $975 and affirmed an outperform rating.\nAnalysts have piled on the praise for Nvidia since the company’s first-quarter results,which came in better than expected amid strength in so-called hyperscale data center demand, which includes demand for its graphics cards and chips using for both gaming and crypto mining.\nEven before then, analysts were touting Nvidia’s performance amid strong demand for its gaming graphics cards, which surged through the pandemic and stay-at-home orders that boosted demand for at-home entertainment like video games, compounded by the ongoing chip shortage that has boosted demand - and prices -for the chips and the cards themselves.\nAt the same time, surging prices for Bitcoin, Ethereum and other cryptocurrencies this year also have fueled demand. Crypto miners use graphics processing units, or GPUs, to mine currencies such as Bitcoin and Ethereum. Nvidia’slatest RTX 30 series, launched last year, has proven particularly popular with miners.\nTheStreet's Jim Cramerin his Real Money column on Tuesdaynoted another reason to be bullish on Nvidia: a potential acquisition that will beef up its business even more.\nSpecifically, Jim pointed to the increasing likelihood that regulators will allow the company to buy Arm Holdings, a British company that excels in cellphones and personal computers, which will add to its already strong sales pipeline that has been driven by far more than just demand from Ethereum miners.\n\"I'm sure some of you might think that Nvidia is more of an Ethereum play, because its cards are used to mine the cryptocurrency,\" Cramer wrote. \"In reality, that's a tiny portion of their business and is made up of cards that aren't up to specification for gaming, scrap if you will.\"","news_type":1,"symbols_score_info":{"NVDA":0.9}},"isVote":1,"tweetType":1,"viewCount":450,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":154894210,"gmtCreate":1625495082430,"gmtModify":1633940200801,"author":{"id":"3585112551047037","authorId":"3585112551047037","name":"nhwk","avatar":"https://static.tigerbbs.com/6c30e5ca56e66441b191f6d576d8fe16","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3585112551047037","idStr":"3585112551047037"},"themes":[],"htmlText":"&nbsp;👍🏻","listText":"&nbsp;👍🏻","text":"👍🏻","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/154894210","repostId":"1109703914","repostType":4,"repost":{"id":"1109703914","kind":"news","pubTimestamp":1625464355,"share":"https://www.laohu8.com/m/news/1109703914?lang=zh_CN&edition=full","pubTime":"2021-07-05 13:52","market":"us","language":"en","title":"Is the Stock Market Open or Closed on Independence Day?<blockquote>独立日股票市场是开放还是关闭？</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1109703914","media":"Thestreet","summary":"Independence Day in the U.S. is for many a picnic-and-beach day. But July 4 this year falls on a Sunday, which in the United States isn't a trading day.So will the major markets open or close for the holiday?The New York Stock Exchange and the Nasdaq will, in fact, be closed on Monday, July 5, to celebrate Independence Day.It's one of nine full-closing daysfor the stock market this year.For instance, the stock market will close for Thanksgiving on Thursday, Nov. 25. On Friday, Nov. 26, trading i","content":"<p>Independence Day in the U.S. is for many a picnic-and-beach day. But July 4 this year falls on a Sunday, which in the United States isn't a trading day.</p><p><blockquote>对许多人来说，美国的独立日是野餐和海滩日。但今年7月4日是周日，这在美国不是交易日。</blockquote></p><p> So will the major markets open or close for the holiday?</p><p><blockquote>那么假期主要市场会开盘还是收盘呢？</blockquote></p><p> The New York Stock Exchange and the Nasdaq will, in fact, be closed on Monday, July 5, to celebrate Independence Day.</p><p><blockquote>事实上，纽约证券交易所和纳斯达克将于7月5日星期一休市，以庆祝独立日。</blockquote></p><p> It's&nbsp;one of nine full-closing daysfor the stock market this year.</p><p><blockquote>这是今年股市九个完整休市日之一。</blockquote></p><p> For instance, the stock market will close for Thanksgiving on Thursday, Nov. 25. On Friday, Nov. 26, trading is scheduled for a bit more than a half-day, 9:30 a.m. to 1 p.m. ET.</p><p><blockquote>例如，股市将于11月25日星期四感恩节休市。11月26日星期五，交易时间为半天多一点，上午9:30至下午1点。美国东部时间。</blockquote></p><p> Normal stock-trading hours run 9:30 a.m. to 4 p.m. ET.</p><p><blockquote>正常股票交易时间为上午9:30至下午4点。东部时间。</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>Is the Stock Market Open or Closed on Independence Day?<blockquote>独立日股票市场是开放还是关闭？</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\">\nIs the Stock Market Open or Closed on Independence Day?<blockquote>独立日股票市场是开放还是关闭？</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Thestreet</strong><span class=\"h-time small\">2021-07-05 13:52</span>\n</p>\n</h4>\n</header>\n<article>\n<p>Independence Day in the U.S. is for many a picnic-and-beach day. But July 4 this year falls on a Sunday, which in the United States isn't a trading day.</p><p><blockquote>对许多人来说，美国的独立日是野餐和海滩日。但今年7月4日是周日，这在美国不是交易日。</blockquote></p><p> So will the major markets open or close for the holiday?</p><p><blockquote>那么假期主要市场会开盘还是收盘呢？</blockquote></p><p> The New York Stock Exchange and the Nasdaq will, in fact, be closed on Monday, July 5, to celebrate Independence Day.</p><p><blockquote>事实上，纽约证券交易所和纳斯达克将于7月5日星期一休市，以庆祝独立日。</blockquote></p><p> It's&nbsp;one of nine full-closing daysfor the stock market this year.</p><p><blockquote>这是今年股市九个完整休市日之一。</blockquote></p><p> For instance, the stock market will close for Thanksgiving on Thursday, Nov. 25. On Friday, Nov. 26, trading is scheduled for a bit more than a half-day, 9:30 a.m. to 1 p.m. ET.</p><p><blockquote>例如，股市将于11月25日星期四感恩节休市。11月26日星期五，交易时间为半天多一点，上午9:30至下午1点。美国东部时间。</blockquote></p><p> Normal stock-trading hours run 9:30 a.m. to 4 p.m. ET.</p><p><blockquote>正常股票交易时间为上午9:30至下午4点。东部时间。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.thestreet.com/investing/independence-day-stock-markets-trading-hours\">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":{".DJI":"道琼斯",".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index"},"source_url":"https://www.thestreet.com/investing/independence-day-stock-markets-trading-hours","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1109703914","content_text":"Independence Day in the U.S. is for many a picnic-and-beach day. But July 4 this year falls on a Sunday, which in the United States isn't a trading day.\nSo will the major markets open or close for the holiday?\nThe New York Stock Exchange and the Nasdaq will, in fact, be closed on Monday, July 5, to celebrate Independence Day.\nIt's one of nine full-closing daysfor the stock market this year.\nFor instance, the stock market will close for Thanksgiving on Thursday, Nov. 25. On Friday, Nov. 26, trading is scheduled for a bit more than a half-day, 9:30 a.m. to 1 p.m. ET.\nNormal stock-trading hours run 9:30 a.m. to 4 p.m. ET.","news_type":1,"symbols_score_info":{".DJI":0.9,".SPX":0.9,".IXIC":0.9}},"isVote":1,"tweetType":1,"viewCount":495,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":801928398,"gmtCreate":1627480225414,"gmtModify":1631890256039,"author":{"id":"3585112551047037","authorId":"3585112551047037","name":"nhwk","avatar":"https://static.tigerbbs.com/6c30e5ca56e66441b191f6d576d8fe16","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3585112551047037","idStr":"3585112551047037"},"themes":[],"htmlText":"Like pls&nbsp;","listText":"Like pls&nbsp;","text":"Like pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/801928398","repostId":"1155605072","repostType":4,"isVote":1,"tweetType":1,"viewCount":2323,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":176387416,"gmtCreate":1626862787235,"gmtModify":1631890256080,"author":{"id":"3585112551047037","authorId":"3585112551047037","name":"nhwk","avatar":"https://static.tigerbbs.com/6c30e5ca56e66441b191f6d576d8fe16","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3585112551047037","idStr":"3585112551047037"},"themes":[],"htmlText":"Like pls","listText":"Like pls","text":"Like pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/176387416","repostId":"2153612212","repostType":4,"isVote":1,"tweetType":1,"viewCount":1697,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":141441998,"gmtCreate":1625888061214,"gmtModify":1633936356709,"author":{"id":"3585112551047037","authorId":"3585112551047037","name":"nhwk","avatar":"https://static.tigerbbs.com/6c30e5ca56e66441b191f6d576d8fe16","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3585112551047037","idStr":"3585112551047037"},"themes":[],"htmlText":"👊🏻","listText":"👊🏻","text":"👊🏻","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/141441998","repostId":"1195812364","repostType":4,"repost":{"id":"1195812364","kind":"news","pubTimestamp":1625875523,"share":"https://www.laohu8.com/m/news/1195812364?lang=zh_CN&edition=full","pubTime":"2021-07-10 08:05","market":"us","language":"en","title":"US IPO Week Ahead: Real estate, post-pandemic plays and more in an 9 IPO week<blockquote>美国IPO周：9周IPO中的房地产、大流行后游戏等</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1195812364","media":"Renaissance Capital","summary":"Italian drug container supplier Stevanato Group plans to raise $900 million at a $6.8 billion market cap. Controlled by its founding family, the profitable company supplies glass vials, syringes, and other medical-grade containers to more than 700 customers, including 41 of the top 50 pharmaceutical companies.Shopping center REIT Phillips Edison & Company plans to raise $502 million at a $3.7 billion market cap. This REIT owns equity interests in 300 shopping centers across the US, focusing on l","content":"<p>After a slow holiday week, nine IPOs are scheduled to raise over $3 billion in the week ahead.</p><p><blockquote>在经历了一周的缓慢假期后，未来一周将有9起IPO筹集超过30亿美元的资金。</blockquote></p><p> Italian drug container supplier&nbsp;<b>Stevanato Group</b>(STVN) plans to raise $900 million at a $6.8 billion market cap. Controlled by its founding family, the profitable company supplies glass vials, syringes, and other medical-grade containers to more than 700 customers, including 41 of the top 50 pharmaceutical companies.</p><p><blockquote>意大利药品容器供应商<b>Stevanato集团</b>(STVN)计划以68亿美元的市值筹集9亿美元。这家盈利的公司由其创始家族控制，向700多家客户供应玻璃瓶、注射器和其他医疗级容器，其中包括排名前50的制药公司中的41家。</blockquote></p><p> Shopping center REIT&nbsp;<b>Phillips Edison &amp; Company</b>(PECO) plans to raise $502 million at a $3.7 billion market cap. This REIT owns equity interests in 300 shopping centers across the US, focusing on locations that are anchored by grocers like Kroger and Public. It targets a 3.5% annualized yield at the midpoint.</p><p><blockquote>购物中心房地产投资信托基金<b>菲利普斯爱迪生公司</b>(PECO)计划以37亿美元的市值筹集5.02亿美元。该房地产投资信托基金拥有美国300家购物中心的股权，重点关注克罗格和Public等杂货商入驻的地点。它的中点年化收益率目标为3.5%。</blockquote></p><p> Known for its member-only luxury hotel brand Soho House,<b>Membership Collective Group</b>(MCG) plans to raise $450 at a $3.2 billion market cap. The company boasts a large and loyal member base, though it has no track record of profitability and saw revenue fall by almost half in the 1Q21.</p><p><blockquote>以会员专属豪华酒店品牌Soho House而闻名，<b>会员集体组</b>(MCG)计划以32亿美元的市值筹集450美元。该公司拥有庞大而忠诚的会员基础，尽管它没有盈利记录，而且在2021年第一季度的收入下降了近一半。</blockquote></p><p> Mark Wahlberg-backed fitness franchise&nbsp;<b>F45 Training</b>(FXLV) plans to raise $325 million at a $1.5 billion market cap. Specializing in 45-minute workouts, F45 has over 1,500 studios worldwide. The company managed a 37% EBITDA in the trailing 12 months, though the company’s expected post-pandemic growth has yet to show through in the numbers.</p><p><blockquote>马克·沃尔伯格支持的健身特许经营权<b>F45训练</b>(FXLV)计划以15亿美元的市值筹集3.25亿美元。F45专注于45分钟的锻炼，在全球拥有1500多个工作室。该公司在过去12个月中实现了37%的EBITDA，尽管该公司预期的大流行后增长尚未在数字中体现出来。</blockquote></p><p> Mortgage software provider&nbsp;<b>Blend Labs</b>(BLND) plans to raise $340 million at a $4.5 billion market cap. Blend Labs provides a digital platform to financial services firms that improves the consumer experience when applying for mortgages and loans. Despite doubling revenue in 2020, the core software business is highly unprofitable due to R&amp;D and S&amp;M spend.</p><p><blockquote>抵押贷款软件提供商<b>混合实验室</b>(BLND)计划以45亿美元的市值筹集3.4亿美元。Blend Labs为金融服务公司提供了一个数字平台，改善了消费者申请抵押贷款和贷款时的体验。尽管2020年收入翻了一番，但由于研发和S&amp;M支出，核心软件业务非常无利可图。</blockquote></p><p> <b>Bridge Investment Group</b>(BRDG) plans to raise $300 million at a $1.8 billion market cap. This investment manager specializes in real estate equity and debt across multiple sectors. As of 3/31/2021, Bridge Investment Group has approximately $26 billion of AUM with more than 6,500 individual investors across 25 investment vehicles.</p><p><blockquote><b>桥梁投资集团</b>(BRDG)计划以18亿美元的市值筹集3亿美元。这位投资经理专门从事多个行业的房地产股权和债务。截至2021年3月31日，桥梁投资集团拥有约260亿美元的AUM，在25个投资工具中拥有超过6,500名个人投资者。</blockquote></p><p> Ocular medical device provider&nbsp;<b>Sight Sciences</b>(SGHT) plans to raise $150 million at a $1 billion market cap. The company develops and sells medical and surgical devices that present new treatment options for eye diseases. The highly unprofitable company showed signs of re-accelerating growth in the 1Q21 (+32%) after the pandemic delayed elective procedures in 2020.</p><p><blockquote>眼科医疗器械供应商<b>视觉科学</b>(SGHT)计划以10亿美元的市值筹集1.5亿美元。该公司开发和销售医疗和手术设备，为眼病提供新的治疗选择。在疫情推迟了2020年的选择性手术后，这家高度无利可图的公司在2021年第一季度显示出重新加速增长的迹象（+32%）。</blockquote></p><p> Pregnancy diagnostics company&nbsp;<b>Sera Prognostics</b>(SERA) plans to raise $75 million at a $564 million market cap. The company uses its proteomics and bioinformatics platform to develop biomarker tests aimed at improving pregnancy outcomes. Sera Prognostics’ sole commercial product, the PreTRM test, predicts the risk of a premature delivery, though it has yet to generate meaningful revenue.</p><p><blockquote>妊娠诊断公司<b>血清预后</b>(SERA)计划以5.64亿美元的市值筹集7500万美元。该公司利用其蛋白质组学和生物信息学平台开发旨在改善妊娠结局的生物标志物测试。Sera Prognostics唯一的商业产品PreTRM测试可以预测早产的风险，尽管它尚未产生有意义的收入。</blockquote></p><p> A hold-over from last week, early-stage kidney disease biotech&nbsp;<b>Unicycive Therapeutics</b>(UNCY) plans to raise $25 million at a $79 million market cap.</p><p><blockquote>上周的延期，早期肾病生物技术<b>单环疗法</b>(UNCY)计划以7900万美元的市值筹集2500万美元。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/ad3dc9b07583a28aad047e44802c899e\" tg-width=\"942\" tg-height=\"732\"></p><p><blockquote></blockquote></p><p> <b>IPO Market Snapshot</b></p><p><blockquote><b>IPO市场快照</b></blockquote></p><p> The Renaissance IPO Indices are market cap weighted baskets of newly public companies. As of 7/8/21, the Renaissance IPO Index was down 0.8% year-to-date, while the S&amp;P 500 was up 15.0%. Renaissance Capital's IPO ETF (NYSE: IPO) tracks the index, and top ETF holdings include Snowflake (SNOW) and Palantir Technologies (PLTR). The Renaissance International IPO Index was down 5.2% year-to-date, while the ACWX was up 7.3%. Renaissance Capital’s International IPO ETF (NYSE: IPOS) tracks the index, and top ETF holdings include Smoore International and EQT Partners.</p><p><blockquote>文艺复兴IPO指数是新上市公司的市值加权篮子。截至2011年7月8日，文艺复兴IPO指数今年迄今下跌0.8%，而标普500上涨15.0%。Renaissance Capital的IPO ETF（纽约证券交易所股票代码：IPO）跟踪该指数，持有的顶级ETF包括Snowflake（SNOW）和Palantir Technologies（PLTR）。Renaissance International IPO指数今年迄今下跌5.2%，而ACWX指数上涨7.3%。Renaissance Capital的国际IPO ETF（纽约证券交易所股票代码：IPOS）跟踪该指数，持有的顶级ETF包括思摩尔国际和殷拓合伙人。</blockquote></p><p></p>","source":"lsy1603787993745","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>US IPO Week Ahead: Real estate, post-pandemic plays and more in an 9 IPO week<blockquote>美国IPO周：9周IPO中的房地产、大流行后游戏等</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\">\nUS IPO Week Ahead: Real estate, post-pandemic plays and more in an 9 IPO week<blockquote>美国IPO周：9周IPO中的房地产、大流行后游戏等</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Renaissance Capital</strong><span class=\"h-time small\">2021-07-10 08:05</span>\n</p>\n</h4>\n</header>\n<article>\n<p>After a slow holiday week, nine IPOs are scheduled to raise over $3 billion in the week ahead.</p><p><blockquote>在经历了一周的缓慢假期后，未来一周将有9起IPO筹集超过30亿美元的资金。</blockquote></p><p> Italian drug container supplier&nbsp;<b>Stevanato Group</b>(STVN) plans to raise $900 million at a $6.8 billion market cap. Controlled by its founding family, the profitable company supplies glass vials, syringes, and other medical-grade containers to more than 700 customers, including 41 of the top 50 pharmaceutical companies.</p><p><blockquote>意大利药品容器供应商<b>Stevanato集团</b>(STVN)计划以68亿美元的市值筹集9亿美元。这家盈利的公司由其创始家族控制，向700多家客户供应玻璃瓶、注射器和其他医疗级容器，其中包括排名前50的制药公司中的41家。</blockquote></p><p> Shopping center REIT&nbsp;<b>Phillips Edison &amp; Company</b>(PECO) plans to raise $502 million at a $3.7 billion market cap. This REIT owns equity interests in 300 shopping centers across the US, focusing on locations that are anchored by grocers like Kroger and Public. It targets a 3.5% annualized yield at the midpoint.</p><p><blockquote>购物中心房地产投资信托基金<b>菲利普斯爱迪生公司</b>(PECO)计划以37亿美元的市值筹集5.02亿美元。该房地产投资信托基金拥有美国300家购物中心的股权，重点关注克罗格和Public等杂货商入驻的地点。它的中点年化收益率目标为3.5%。</blockquote></p><p> Known for its member-only luxury hotel brand Soho House,<b>Membership Collective Group</b>(MCG) plans to raise $450 at a $3.2 billion market cap. The company boasts a large and loyal member base, though it has no track record of profitability and saw revenue fall by almost half in the 1Q21.</p><p><blockquote>以会员专属豪华酒店品牌Soho House而闻名，<b>会员集体组</b>(MCG)计划以32亿美元的市值筹集450美元。该公司拥有庞大而忠诚的会员基础，尽管它没有盈利记录，而且在2021年第一季度的收入下降了近一半。</blockquote></p><p> Mark Wahlberg-backed fitness franchise&nbsp;<b>F45 Training</b>(FXLV) plans to raise $325 million at a $1.5 billion market cap. Specializing in 45-minute workouts, F45 has over 1,500 studios worldwide. The company managed a 37% EBITDA in the trailing 12 months, though the company’s expected post-pandemic growth has yet to show through in the numbers.</p><p><blockquote>马克·沃尔伯格支持的健身特许经营权<b>F45训练</b>(FXLV)计划以15亿美元的市值筹集3.25亿美元。F45专注于45分钟的锻炼，在全球拥有1500多个工作室。该公司在过去12个月中实现了37%的EBITDA，尽管该公司预期的大流行后增长尚未在数字中体现出来。</blockquote></p><p> Mortgage software provider&nbsp;<b>Blend Labs</b>(BLND) plans to raise $340 million at a $4.5 billion market cap. Blend Labs provides a digital platform to financial services firms that improves the consumer experience when applying for mortgages and loans. Despite doubling revenue in 2020, the core software business is highly unprofitable due to R&amp;D and S&amp;M spend.</p><p><blockquote>抵押贷款软件提供商<b>混合实验室</b>(BLND)计划以45亿美元的市值筹集3.4亿美元。Blend Labs为金融服务公司提供了一个数字平台，改善了消费者申请抵押贷款和贷款时的体验。尽管2020年收入翻了一番，但由于研发和S&amp;M支出，核心软件业务非常无利可图。</blockquote></p><p> <b>Bridge Investment Group</b>(BRDG) plans to raise $300 million at a $1.8 billion market cap. This investment manager specializes in real estate equity and debt across multiple sectors. As of 3/31/2021, Bridge Investment Group has approximately $26 billion of AUM with more than 6,500 individual investors across 25 investment vehicles.</p><p><blockquote><b>桥梁投资集团</b>(BRDG)计划以18亿美元的市值筹集3亿美元。这位投资经理专门从事多个行业的房地产股权和债务。截至2021年3月31日，桥梁投资集团拥有约260亿美元的AUM，在25个投资工具中拥有超过6,500名个人投资者。</blockquote></p><p> Ocular medical device provider&nbsp;<b>Sight Sciences</b>(SGHT) plans to raise $150 million at a $1 billion market cap. The company develops and sells medical and surgical devices that present new treatment options for eye diseases. The highly unprofitable company showed signs of re-accelerating growth in the 1Q21 (+32%) after the pandemic delayed elective procedures in 2020.</p><p><blockquote>眼科医疗器械供应商<b>视觉科学</b>(SGHT)计划以10亿美元的市值筹集1.5亿美元。该公司开发和销售医疗和手术设备，为眼病提供新的治疗选择。在疫情推迟了2020年的选择性手术后，这家高度无利可图的公司在2021年第一季度显示出重新加速增长的迹象（+32%）。</blockquote></p><p> Pregnancy diagnostics company&nbsp;<b>Sera Prognostics</b>(SERA) plans to raise $75 million at a $564 million market cap. The company uses its proteomics and bioinformatics platform to develop biomarker tests aimed at improving pregnancy outcomes. Sera Prognostics’ sole commercial product, the PreTRM test, predicts the risk of a premature delivery, though it has yet to generate meaningful revenue.</p><p><blockquote>妊娠诊断公司<b>血清预后</b>(SERA)计划以5.64亿美元的市值筹集7500万美元。该公司利用其蛋白质组学和生物信息学平台开发旨在改善妊娠结局的生物标志物测试。Sera Prognostics唯一的商业产品PreTRM测试可以预测早产的风险，尽管它尚未产生有意义的收入。</blockquote></p><p> A hold-over from last week, early-stage kidney disease biotech&nbsp;<b>Unicycive Therapeutics</b>(UNCY) plans to raise $25 million at a $79 million market cap.</p><p><blockquote>上周的延期，早期肾病生物技术<b>单环疗法</b>(UNCY)计划以7900万美元的市值筹集2500万美元。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/ad3dc9b07583a28aad047e44802c899e\" tg-width=\"942\" tg-height=\"732\"></p><p><blockquote></blockquote></p><p> <b>IPO Market Snapshot</b></p><p><blockquote><b>IPO市场快照</b></blockquote></p><p> The Renaissance IPO Indices are market cap weighted baskets of newly public companies. As of 7/8/21, the Renaissance IPO Index was down 0.8% year-to-date, while the S&amp;P 500 was up 15.0%. Renaissance Capital's IPO ETF (NYSE: IPO) tracks the index, and top ETF holdings include Snowflake (SNOW) and Palantir Technologies (PLTR). The Renaissance International IPO Index was down 5.2% year-to-date, while the ACWX was up 7.3%. Renaissance Capital’s International IPO ETF (NYSE: IPOS) tracks the index, and top ETF holdings include Smoore International and EQT Partners.</p><p><blockquote>文艺复兴IPO指数是新上市公司的市值加权篮子。截至2011年7月8日，文艺复兴IPO指数今年迄今下跌0.8%，而标普500上涨15.0%。Renaissance Capital的IPO ETF（纽约证券交易所股票代码：IPO）跟踪该指数，持有的顶级ETF包括Snowflake（SNOW）和Palantir Technologies（PLTR）。Renaissance International IPO指数今年迄今下跌5.2%，而ACWX指数上涨7.3%。Renaissance Capital的国际IPO ETF（纽约证券交易所股票代码：IPOS）跟踪该指数，持有的顶级ETF包括思摩尔国际和殷拓合伙人。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.renaissancecapital.com/IPO-Center/News/83879/US-IPO-Week-Ahead-Real-estate-post-pandemic-plays-and-more-in-an-9-IPO-week\">Renaissance Capital</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":{"FXLV":"F45 Training Holdings Inc.",".SPX":"S&P 500 Index","SERA":"Sera Prognostics, Inc.","PECO":"Phillips Edison & Company, Inc.",".DJI":"道琼斯","BLND":"Blend Labs, Inc.","STVN":"Stevanato Group S.p.A.","SGHT":"Sight Sciences, Inc.",".IXIC":"NASDAQ Composite","BRDG":"Bridge Investment Group Holdings Inc."},"source_url":"https://www.renaissancecapital.com/IPO-Center/News/83879/US-IPO-Week-Ahead-Real-estate-post-pandemic-plays-and-more-in-an-9-IPO-week","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1195812364","content_text":"After a slow holiday week, nine IPOs are scheduled to raise over $3 billion in the week ahead.\nItalian drug container supplier Stevanato Group(STVN) plans to raise $900 million at a $6.8 billion market cap. Controlled by its founding family, the profitable company supplies glass vials, syringes, and other medical-grade containers to more than 700 customers, including 41 of the top 50 pharmaceutical companies.\nShopping center REIT Phillips Edison & Company(PECO) plans to raise $502 million at a $3.7 billion market cap. This REIT owns equity interests in 300 shopping centers across the US, focusing on locations that are anchored by grocers like Kroger and Public. It targets a 3.5% annualized yield at the midpoint.\nKnown for its member-only luxury hotel brand Soho House,Membership Collective Group(MCG) plans to raise $450 at a $3.2 billion market cap. The company boasts a large and loyal member base, though it has no track record of profitability and saw revenue fall by almost half in the 1Q21.\nMark Wahlberg-backed fitness franchise F45 Training(FXLV) plans to raise $325 million at a $1.5 billion market cap. Specializing in 45-minute workouts, F45 has over 1,500 studios worldwide. The company managed a 37% EBITDA in the trailing 12 months, though the company’s expected post-pandemic growth has yet to show through in the numbers.\nMortgage software provider Blend Labs(BLND) plans to raise $340 million at a $4.5 billion market cap. Blend Labs provides a digital platform to financial services firms that improves the consumer experience when applying for mortgages and loans. Despite doubling revenue in 2020, the core software business is highly unprofitable due to R&D and S&M spend.\nBridge Investment Group(BRDG) plans to raise $300 million at a $1.8 billion market cap. This investment manager specializes in real estate equity and debt across multiple sectors. As of 3/31/2021, Bridge Investment Group has approximately $26 billion of AUM with more than 6,500 individual investors across 25 investment vehicles.\nOcular medical device provider Sight Sciences(SGHT) plans to raise $150 million at a $1 billion market cap. The company develops and sells medical and surgical devices that present new treatment options for eye diseases. The highly unprofitable company showed signs of re-accelerating growth in the 1Q21 (+32%) after the pandemic delayed elective procedures in 2020.\nPregnancy diagnostics company Sera Prognostics(SERA) plans to raise $75 million at a $564 million market cap. The company uses its proteomics and bioinformatics platform to develop biomarker tests aimed at improving pregnancy outcomes. Sera Prognostics’ sole commercial product, the PreTRM test, predicts the risk of a premature delivery, though it has yet to generate meaningful revenue.\nA hold-over from last week, early-stage kidney disease biotech Unicycive Therapeutics(UNCY) plans to raise $25 million at a $79 million market cap.\n\nIPO Market Snapshot\nThe Renaissance IPO Indices are market cap weighted baskets of newly public companies. As of 7/8/21, the Renaissance IPO Index was down 0.8% year-to-date, while the S&P 500 was up 15.0%. Renaissance Capital's IPO ETF (NYSE: IPO) tracks the index, and top ETF holdings include Snowflake (SNOW) and Palantir Technologies (PLTR). The Renaissance International IPO Index was down 5.2% year-to-date, while the ACWX was up 7.3%. Renaissance Capital’s International IPO ETF (NYSE: IPOS) tracks the index, and top ETF holdings include Smoore International and EQT Partners.","news_type":1,"symbols_score_info":{"SERA":0.9,".SPX":0.9,"FXLV":0.9,"BRDG":0.9,"PECO":0.9,".IXIC":0.9,".DJI":0.9,"BLND":0.9,"SGHT":0.9,"STVN":0.9,"MCG":0.9}},"isVote":1,"tweetType":1,"viewCount":402,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":805522471,"gmtCreate":1627893104093,"gmtModify":1631890255988,"author":{"id":"3585112551047037","authorId":"3585112551047037","name":"nhwk","avatar":"https://static.tigerbbs.com/6c30e5ca56e66441b191f6d576d8fe16","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3585112551047037","idStr":"3585112551047037"},"themes":[],"htmlText":"Like pls&nbsp;","listText":"Like pls&nbsp;","text":"Like pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/805522471","repostId":"1193646270","repostType":4,"repost":{"id":"1193646270","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":1627891794,"share":"https://www.laohu8.com/m/news/1193646270?lang=zh_CN&edition=full","pubTime":"2021-08-02 16:09","market":"us","language":"en","title":"NIO delivered 7,931 vehicles in July 2021, and rose 1% in premarket trading<blockquote>蔚来2021年7月交付7,931辆汽车，盘前交易上涨1%</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1193646270","media":"Tiger Newspress","summary":" $NIO Inc.$ delivered 7,931 vehicles in July 2021, representing a strong 124.5% year-over-year growth. The deliveries consisted of 1,702 ES8s, the Company’s six-seater or seven-seater flagship premium smart electric SUV, 3,669 ES6s, the Company’s five-seater high-performance premium smart electric SUV, and 2,560 EC6s, the Company’s five-seater premium smart electric coupe SUV. As of July 31, 2021, cumulative deliveries of the ES8, ES6 and EC6 reached 125,528 vehicles.","content":"<p>(August&nbsp;2)&nbsp;<a href=\"https://laohu8.com/S/NIO\">NIO Inc.</a> delivered 7,931 vehicles in July 2021, representing a strong 124.5% year-over-year growth. The deliveries consisted of 1,702 ES8s, the Company’s six-seater or seven-seater flagship premium smart electric SUV, 3,669 ES6s, the Company’s five-seater high-performance premium smart electric SUV, and 2,560 EC6s, the Company’s five-seater premium smart electric coupe SUV. As of July 31, 2021, cumulative deliveries of the ES8, ES6 and EC6 reached 125,528 vehicles.</p><p><blockquote>（8月2日）<a href=\"https://laohu8.com/S/NIO\">蔚来</a>2021年7月交付7,931辆汽车，同比强劲增长124.5%。交付量包括1,702辆ES8（该公司的六座或七座旗舰高级智能电动SUV）、3,669辆ES6（该公司的五座高性能高级智能电动SUV）以及2,560辆EC6（该公司的五座高级智能电动轿跑SUV）。截至2021年7月31日，ES8、ES6和EC6的累计交付量达到125,528辆。</blockquote></p><p> NIO rose about 1% in premarket trading.</p><p><blockquote>蔚来在盘前交易中上涨约1%。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/29ee37756815b9785621385b00cfc549\" tg-width=\"629\" tg-height=\"520\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>NIO delivered 7,931 vehicles in July 2021, and rose 1% in premarket trading<blockquote>蔚来2021年7月交付7,931辆汽车，盘前交易上涨1%</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\">\nNIO delivered 7,931 vehicles in July 2021, and rose 1% in premarket trading<blockquote>蔚来2021年7月交付7,931辆汽车，盘前交易上涨1%</blockquote>\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time smaller\">2021-08-02 16:09</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>(August&nbsp;2)&nbsp;<a href=\"https://laohu8.com/S/NIO\">NIO Inc.</a> delivered 7,931 vehicles in July 2021, representing a strong 124.5% year-over-year growth. The deliveries consisted of 1,702 ES8s, the Company’s six-seater or seven-seater flagship premium smart electric SUV, 3,669 ES6s, the Company’s five-seater high-performance premium smart electric SUV, and 2,560 EC6s, the Company’s five-seater premium smart electric coupe SUV. As of July 31, 2021, cumulative deliveries of the ES8, ES6 and EC6 reached 125,528 vehicles.</p><p><blockquote>（8月2日）<a href=\"https://laohu8.com/S/NIO\">蔚来</a>2021年7月交付7,931辆汽车，同比强劲增长124.5%。交付量包括1,702辆ES8（该公司的六座或七座旗舰高级智能电动SUV）、3,669辆ES6（该公司的五座高性能高级智能电动SUV）以及2,560辆EC6（该公司的五座高级智能电动轿跑SUV）。截至2021年7月31日，ES8、ES6和EC6的累计交付量达到125,528辆。</blockquote></p><p> NIO rose about 1% in premarket trading.</p><p><blockquote>蔚来在盘前交易中上涨约1%。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/29ee37756815b9785621385b00cfc549\" tg-width=\"629\" tg-height=\"520\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NIO":"蔚来"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1193646270","content_text":"(August 2) NIO Inc. delivered 7,931 vehicles in July 2021, representing a strong 124.5% year-over-year growth. The deliveries consisted of 1,702 ES8s, the Company’s six-seater or seven-seater flagship premium smart electric SUV, 3,669 ES6s, the Company’s five-seater high-performance premium smart electric SUV, and 2,560 EC6s, the Company’s five-seater premium smart electric coupe SUV. As of July 31, 2021, cumulative deliveries of the ES8, ES6 and EC6 reached 125,528 vehicles.\nNIO rose about 1% in premarket trading.","news_type":1,"symbols_score_info":{"NIO":0.9}},"isVote":1,"tweetType":1,"viewCount":1355,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":154894210,"gmtCreate":1625495082430,"gmtModify":1633940200801,"author":{"id":"3585112551047037","authorId":"3585112551047037","name":"nhwk","avatar":"https://static.tigerbbs.com/6c30e5ca56e66441b191f6d576d8fe16","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3585112551047037","idStr":"3585112551047037"},"themes":[],"htmlText":"&nbsp;👍🏻","listText":"&nbsp;👍🏻","text":"👍🏻","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/154894210","repostId":"1109703914","repostType":4,"repost":{"id":"1109703914","kind":"news","pubTimestamp":1625464355,"share":"https://www.laohu8.com/m/news/1109703914?lang=zh_CN&edition=full","pubTime":"2021-07-05 13:52","market":"us","language":"en","title":"Is the Stock Market Open or Closed on Independence Day?<blockquote>独立日股票市场是开放还是关闭？</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1109703914","media":"Thestreet","summary":"Independence Day in the U.S. is for many a picnic-and-beach day. But July 4 this year falls on a Sunday, which in the United States isn't a trading day.So will the major markets open or close for the holiday?The New York Stock Exchange and the Nasdaq will, in fact, be closed on Monday, July 5, to celebrate Independence Day.It's one of nine full-closing daysfor the stock market this year.For instance, the stock market will close for Thanksgiving on Thursday, Nov. 25. On Friday, Nov. 26, trading i","content":"<p>Independence Day in the U.S. is for many a picnic-and-beach day. But July 4 this year falls on a Sunday, which in the United States isn't a trading day.</p><p><blockquote>对许多人来说，美国的独立日是野餐和海滩日。但今年7月4日是周日，这在美国不是交易日。</blockquote></p><p> So will the major markets open or close for the holiday?</p><p><blockquote>那么假期主要市场会开盘还是收盘呢？</blockquote></p><p> The New York Stock Exchange and the Nasdaq will, in fact, be closed on Monday, July 5, to celebrate Independence Day.</p><p><blockquote>事实上，纽约证券交易所和纳斯达克将于7月5日星期一休市，以庆祝独立日。</blockquote></p><p> It's&nbsp;one of nine full-closing daysfor the stock market this year.</p><p><blockquote>这是今年股市九个完整休市日之一。</blockquote></p><p> For instance, the stock market will close for Thanksgiving on Thursday, Nov. 25. On Friday, Nov. 26, trading is scheduled for a bit more than a half-day, 9:30 a.m. to 1 p.m. ET.</p><p><blockquote>例如，股市将于11月25日星期四感恩节休市。11月26日星期五，交易时间为半天多一点，上午9:30至下午1点。美国东部时间。</blockquote></p><p> Normal stock-trading hours run 9:30 a.m. to 4 p.m. ET.</p><p><blockquote>正常股票交易时间为上午9:30至下午4点。东部时间。</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>Is the Stock Market Open or Closed on Independence Day?<blockquote>独立日股票市场是开放还是关闭？</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\">\nIs the Stock Market Open or Closed on Independence Day?<blockquote>独立日股票市场是开放还是关闭？</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Thestreet</strong><span class=\"h-time small\">2021-07-05 13:52</span>\n</p>\n</h4>\n</header>\n<article>\n<p>Independence Day in the U.S. is for many a picnic-and-beach day. But July 4 this year falls on a Sunday, which in the United States isn't a trading day.</p><p><blockquote>对许多人来说，美国的独立日是野餐和海滩日。但今年7月4日是周日，这在美国不是交易日。</blockquote></p><p> So will the major markets open or close for the holiday?</p><p><blockquote>那么假期主要市场会开盘还是收盘呢？</blockquote></p><p> The New York Stock Exchange and the Nasdaq will, in fact, be closed on Monday, July 5, to celebrate Independence Day.</p><p><blockquote>事实上，纽约证券交易所和纳斯达克将于7月5日星期一休市，以庆祝独立日。</blockquote></p><p> It's&nbsp;one of nine full-closing daysfor the stock market this year.</p><p><blockquote>这是今年股市九个完整休市日之一。</blockquote></p><p> For instance, the stock market will close for Thanksgiving on Thursday, Nov. 25. On Friday, Nov. 26, trading is scheduled for a bit more than a half-day, 9:30 a.m. to 1 p.m. ET.</p><p><blockquote>例如，股市将于11月25日星期四感恩节休市。11月26日星期五，交易时间为半天多一点，上午9:30至下午1点。美国东部时间。</blockquote></p><p> Normal stock-trading hours run 9:30 a.m. to 4 p.m. ET.</p><p><blockquote>正常股票交易时间为上午9:30至下午4点。东部时间。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.thestreet.com/investing/independence-day-stock-markets-trading-hours\">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":{".DJI":"道琼斯",".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index"},"source_url":"https://www.thestreet.com/investing/independence-day-stock-markets-trading-hours","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1109703914","content_text":"Independence Day in the U.S. is for many a picnic-and-beach day. But July 4 this year falls on a Sunday, which in the United States isn't a trading day.\nSo will the major markets open or close for the holiday?\nThe New York Stock Exchange and the Nasdaq will, in fact, be closed on Monday, July 5, to celebrate Independence Day.\nIt's one of nine full-closing daysfor the stock market this year.\nFor instance, the stock market will close for Thanksgiving on Thursday, Nov. 25. On Friday, Nov. 26, trading is scheduled for a bit more than a half-day, 9:30 a.m. to 1 p.m. ET.\nNormal stock-trading hours run 9:30 a.m. to 4 p.m. ET.","news_type":1,"symbols_score_info":{".DJI":0.9,".SPX":0.9,".IXIC":0.9}},"isVote":1,"tweetType":1,"viewCount":495,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":809488813,"gmtCreate":1627387245232,"gmtModify":1631890256048,"author":{"id":"3585112551047037","authorId":"3585112551047037","name":"nhwk","avatar":"https://static.tigerbbs.com/6c30e5ca56e66441b191f6d576d8fe16","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3585112551047037","idStr":"3585112551047037"},"themes":[],"htmlText":"Like pls&nbsp;","listText":"Like pls&nbsp;","text":"Like pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/809488813","repostId":"1118738178","repostType":4,"repost":{"id":"1118738178","kind":"news","pubTimestamp":1627385338,"share":"https://www.laohu8.com/m/news/1118738178?lang=zh_CN&edition=full","pubTime":"2021-07-27 19:28","market":"us","language":"en","title":"Snap Stock: One Of Fastest Growing Social Media Companies<blockquote>Snap股票：增长最快的社交媒体公司之一</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1118738178","media":"seekingalpha","summary":"Summary\n\nSnap had a high bar to cross to impress investors. And not only did its Q2 results succeed ","content":"<p><b>Summary</b></p><p><blockquote><b>总结</b></blockquote></p><p> <ul>  <li>Snap had a high bar to cross to impress investors. And not only did its Q2 results succeed but, looking out to its Q3 guidance, its prospects remain very attractive.</li>  <li>Snap's ARPU in North America was the highlight of its Q2 results.</li>  <li>Snap is not in the bargain basement. Hence, investors looking to buy at this stage will have to take a buy-and-hold investment strategy.</li> </ul> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/ce123df394d362ecf57640f1621162e3\" tg-width=\"1536\" tg-height=\"1024\" referrerpolicy=\"no-referrer\"><span>Geber86/E+ via Getty Images</span></p><p><blockquote><ul><li>Snap需要跨越很高的门槛才能给投资者留下深刻印象。不仅第二季度业绩取得成功，而且从第三季度指引来看，其前景仍然非常有吸引力。</li><li>Snap在北美的ARPU是其第二季度业绩的亮点。</li><li>Snap不在廉价地下室。因此，现阶段寻求买入的投资者必须采取买入并持有的投资策略。</li></ul><p class=\"t-img-caption\"><span>Geber86/E+来自盖蒂图片社</span></p></blockquote></p><p> <b>Investment Thesis</b></p><p><blockquote><b>投资论文</b></blockquote></p><p> Snap (SNAP) reported yet another impressive result and Q3 2021 guidance. And as we dig into its results, there are no obvious blemishes in the report. Snap continues growing its top line revenues at very strong rates, while its bottom line EBITDA growth is even more impressive.</p><p><blockquote>SNAP（SNAP）报告了另一项令人印象深刻的业绩和2021年第三季度指引。当我们深入研究其结果时，报告中没有明显的瑕疵。Snap的营收继续以非常强劲的速度增长，而其利润EBITDA增长则更加令人印象深刻。</blockquote></p><p> At 29x forward sales, the stock is not cheap. And investors considering this investment opportunity will have to adopt a very&nbsp;<i>strong-willed buy-and-hold investment strategy</i>. Because at this valuation, the stock is already pricing in a lot of future growth.</p><p><blockquote>以29倍的远期销售额计算，该股并不便宜。而考虑这一投资机会的投资者将不得不采取非常<i>意志坚定的买入并持有投资策略</i>.因为按照这个估值，该股已经消化了未来的大量增长。</blockquote></p><p> <b>Revenue Growth Rates Are Incredibly Strong</b></p><p><blockquote><b>收入增长率非常强劲</b></blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/72843b7d7a6cc562b484e25eac7cacbe\" tg-width=\"640\" tg-height=\"285\" referrerpolicy=\"no-referrer\"><span>Source: author's calculations; **high-end guidance</span></p><p><blockquote><p class=\"t-img-caption\"><span>资料来源：作者计算；**高端指导</span></p></blockquote></p><p> Q2 2021 was always going to look strong given just how weak the advertising industry found itself in the same period a year ago. Thus, Snap shareholders were clearly expecting a lot. But to see Snap come out with more than triple digits y/y revenue growth rates? That was particularly stunning.</p><p><blockquote>考虑到一年前同期广告业的疲软程度，2021年第二季度看起来总是很强劲。因此，Snap股东显然期望很高。但看到Snap的收入同比增长率超过三位数？这尤其令人震惊。</blockquote></p><p> Previously, I had noted that investors should look beyond&nbsp;Snap's maturing MAUs in North America, and look towards its International opportunity as its next wave of growth opportunities.</p><p><blockquote>此前，我曾指出，投资者应该超越Snap在北美成熟的月活跃用户数，将其国际机遇视为下一波增长机会。</blockquote></p><p> However, even though its overseas revenues were strong, the real driver of Snap's returns come from the pricing power of its North America users:</p><p><blockquote>然而，尽管海外收入强劲，但Snap回报的真正驱动力来自北美用户的定价能力：</blockquote></p><p> <img src=\"https://static.tigerbbs.com/95aca2444a479c7dc060c03d6bf0cec3\" tg-width=\"640\" tg-height=\"126\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p> In the table above, I've stripped out all the other details for us to focus our discussions around Snap's Average Revenue Per User (\"ARPU\"). As you can see, pricing in North America was the real driver of revenues, with ARPU up 116% y/y. Why is this important?</p><p><blockquote>在上表中，我已经剔除了所有其他细节，以便我们将讨论的重点放在Snap的每用户平均收入（“ARPU”）上。正如您所看到的，北美的定价是收入的真正驱动力，ARPU同比增长116%。为什么这很重要？</blockquote></p><p> It's important because it shows that, even on the back of just 6% y/y growth in DAUs in North America, advertisers are eager to reach out and connect with Snap's young demographic and pay up for that opportunity.</p><p><blockquote>这很重要，因为它表明，即使北美DAU同比仅增长6%，广告商也渴望接触和联系Snap的年轻人群，并为这个机会付费。</blockquote></p><p> <b>Could Spectacles be the Next Wave of Growth for Snap?</b></p><p><blockquote><b>眼镜会成为Snap的下一波增长吗？</b></blockquote></p><p> For some time, Snap has been making investors aware that it's moving beyond just a social media platform and that it's now looking to take its Augmented Reality technology and deploy it into hardware.</p><p><blockquote>一段时间以来，Snap一直在让投资者意识到，它正在超越社交媒体平台，现在正在寻求将其增强现实技术部署到硬件中。</blockquote></p><p> At first, this was met with investor skepticism. After all, Snap was taking an asset-light and lucrative business and pivoting towards a hardware revenue business, with lower margins.</p><p><blockquote>起初，这遭到了投资者的质疑。毕竟，Snap正在采取轻资产且利润丰厚的业务，并转向利润率较低的硬件收入业务。</blockquote></p><p> Indeed, it didn't make much sense why Snap would make such a move. Particularly given that Snap had, without any hardware investment, grown very successfully and built the necessary technology to spring off other manufacturers' capital investment into a business with nearly $4.5 billion in run-rate revenues as of Q4 2021.</p><p><blockquote>事实上，Snap为什么会做出这样的举动并没有多大意义。特别是考虑到Snap在没有任何硬件投资的情况下发展非常成功，并建立了必要的技术，将其他制造商的资本投资转化为截至2021年第四季度运行收入近45亿美元的业务。</blockquote></p><p> Having said that, Snap asserts that by further developing its&nbsp;Spectacles business unit, users can not only create more immersive content, but they will have access to other uses as well.</p><p><blockquote>话虽如此，Snap声称，通过进一步发展其眼镜业务部门，用户不仅可以创建更身临其境的内容，还可以访问其他用途。</blockquote></p><p> For instance, by using Spectacles, users can use AR try-on technology to emulate a physical shopping experience and get clothing with the right fit and the right size, to reduce the need for online returns.</p><p><blockquote>例如，通过使用眼镜，用户可以使用AR试穿技术来模拟实体购物体验，并获得合适尺寸的衣服，以减少在线退货的需求。</blockquote></p><p> The underlying idea is to increase user engagement and build an increased digital inventory of the users' life journeys. Other uses could be to increase the personalization of an online shopping experience.</p><p><blockquote>潜在的想法是增加用户参与度，并建立用户生活旅程的数字清单。其他用途可以是增加在线购物体验的个性化。</blockquote></p><p> This is something that is likely to resonate strongly with Snap's young demographic and offers Snap an opportunity to differentiate itself against other players in this space.</p><p><blockquote>这可能会引起Snap年轻人的强烈共鸣，并为Snap提供了在该领域与其他参与者区分开来的机会。</blockquote></p><p> While Snap is quick to note that this is not yet a fully-fledged solution, it's nevertheless a way to improve shoppers' online experience by making visualization personal and as close to real as possible.</p><p><blockquote>虽然Snap很快指出，这还不是一个成熟的解决方案，但它仍然是一种通过使可视化个性化并尽可能接近真实来改善购物者在线体验的方式。</blockquote></p><p> <i>Hence, the question investors have to answer is whether this is all already priced in or if there's still more upside potential?</i></p><p><blockquote><i>因此，投资者必须回答的问题是，这一切是否已经被定价，或者是否还有更多的上涨潜力？</i></blockquote></p><p> <b>SNAP Stock Valuation: Not Cheap</b></p><p><blockquote><b>SNAP股票估值：不便宜</b></blockquote></p><p></p><p> Snap is valued at approximately 29x forward sales. If we compare with Pinterest (PINS), which trades at approximately 19x forward sales, this reminds readers that a lot of excitement, optimism, expectation, and positive sentiment is evidently priced into Snap.</p><p><blockquote>Snap的估值约为远期销售额的29倍。如果我们与Pinterest(PINS)（其远期销售额约为19倍）进行比较，这提醒读者，Snap显然包含了很多兴奋、乐观、期望和积极情绪。</blockquote></p><p> On the other hand, shareholders may be quick to remark that even if Snap is richly valued, high quality and rapidly growing businesses rarely trade in the bargain basement -- particularly towards the end of a very long bull market.</p><p><blockquote>另一方面，股东可能很快就会注意到，即使Snap估值很高，高质量和快速增长的企业也很少以低价交易——尤其是在漫长的牛市即将结束时。</blockquote></p><p> Moreover, keep in mind that Snap is now signaling to investors that its multi-year investments are now paying fruit and this now marks the third quarter of adjusted EBITDA profitability over its trailing twelve months.</p><p><blockquote>此外，请记住，Snap现在向投资者发出信号，表明其多年投资正在取得成果，这标志着其过去12个月调整后EBITDA盈利能力的第三季度。</blockquote></p><p> Hence, if Snap's Q2 2021's 116% top line appears strong and caught many headlines, then Snap's adjusted EBITDA growth of more than 200% looks even better.</p><p><blockquote>因此，如果SNAP 2021年第二季度116%的营收显得强劲并成为许多头条新闻，那么Snap调整后EBITDA增长超过200%看起来就更好了。</blockquote></p><p> What's more, as we look out to its guidance next quarter, its bottom line EBITDA is expected to once again posttriple digits EBITDA growth y/y.</p><p><blockquote>更重要的是，当我们展望下一季度的指引时，其净利润EBITDA预计将再次实现三位数的EBITDA同比增长。</blockquote></p><p> <b>Premortem (Investment Risks)</b></p><p><blockquote><b>事前（投资风险）</b></blockquote></p><p> Arguably, the single bearish consideration is that Snap's valuation doesn't offer investors much room for error. Not only does it trade more expensively than other social platforms, but it's also clearly a richly valued stock.</p><p><blockquote>可以说，唯一看跌的考虑因素是Snap的估值没有给投资者提供太多犯错的空间。它不仅比其他社交平台的交易成本更高，而且显然也是一只估值很高的股票。</blockquote></p><p> To this end, we see that investors pricing a lot of optimism that Snap will continue to positively surprise investors. Consequently, any mishaps during any quarter, when a stock is so richly priced, leaves the stock primed for a meaningful sell-off.</p><p><blockquote>为此，我们看到投资者对Snap将继续给投资者带来积极惊喜的乐观情绪进行了定价。因此，当股票定价如此昂贵时，任何季度发生的任何事故都会使该股票面临大幅抛售。</blockquote></p><p> Next, the bulk of investor thesis is to a large extent contingent on Snap's DAUs continuing to steadily increase. What's more, Q2 2021 marked just a mid-single-digit increase in DAUs in North America.</p><p><blockquote>接下来，投资者的大部分论点在很大程度上取决于SNAP DAU的持续稳定增长。此外，2021年第二季度北美的DAU仅实现了中个位数的增长。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/cab82b3b3570378165d43957bf0e925c\" tg-width=\"640\" tg-height=\"65\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"></p><p><blockquote></blockquote></p><p> If we look back to H1 2019 (pre-COVID), Snap's DAU growth was approximately compared with the same period in the prior year. This is an undeniable reminder that Snap's DAU growth had previously flattened and that it's entirely possible that it may flatten down once again. If that were to happen, investors would not regard Snap as a high growth name, and the number of investors that would be willing to pay for the stock would decrease.</p><p><blockquote>如果我们回顾2019年上半年（COVID之前），Snap的DAU增长与上年同期大致相当。这不可否认地提醒我们，Snap的DAU增长此前已经趋于平缓，而且完全有可能再次趋于平缓。如果发生这种情况，投资者就不会将Snap视为一个高增长的名字，愿意购买该股票的投资者数量也会减少。</blockquote></p><p> <b>The Bottom Line: Is SNAP A Good Buy?</b></p><p><blockquote><b>底线：SNAP值得购买吗？</b></blockquote></p><p> Even though Snap is not a cheap stock, Snap continues to demonstrate that its revenue growth rates remain incredibly strong.</p><p><blockquote>尽管Snap并不是一只便宜的股票，但Snap继续证明其收入增长率仍然非常强劲。</blockquote></p><p> While there's a lot to like in Snap's investment, I will sit out this opportunity as I prefer to invest in companies where the outlook is not as rosy, but the valuation is dramatically cheaper.</p><p><blockquote>虽然Snap的投资有很多值得喜欢的地方，但我会坐视这个机会，因为我更喜欢投资前景不那么乐观但估值却便宜得多的公司。</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>Snap Stock: One Of Fastest Growing Social Media Companies<blockquote>Snap股票：增长最快的社交媒体公司之一</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\">\nSnap Stock: One Of Fastest Growing Social Media Companies<blockquote>Snap股票：增长最快的社交媒体公司之一</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">seekingalpha</strong><span class=\"h-time small\">2021-07-27 19:28</span>\n</p>\n</h4>\n</header>\n<article>\n<p><b>Summary</b></p><p><blockquote><b>总结</b></blockquote></p><p> <ul>  <li>Snap had a high bar to cross to impress investors. And not only did its Q2 results succeed but, looking out to its Q3 guidance, its prospects remain very attractive.</li>  <li>Snap's ARPU in North America was the highlight of its Q2 results.</li>  <li>Snap is not in the bargain basement. Hence, investors looking to buy at this stage will have to take a buy-and-hold investment strategy.</li> </ul> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/ce123df394d362ecf57640f1621162e3\" tg-width=\"1536\" tg-height=\"1024\" referrerpolicy=\"no-referrer\"><span>Geber86/E+ via Getty Images</span></p><p><blockquote><ul><li>Snap需要跨越很高的门槛才能给投资者留下深刻印象。不仅第二季度业绩取得成功，而且从第三季度指引来看，其前景仍然非常有吸引力。</li><li>Snap在北美的ARPU是其第二季度业绩的亮点。</li><li>Snap不在廉价地下室。因此，现阶段寻求买入的投资者必须采取买入并持有的投资策略。</li></ul><p class=\"t-img-caption\"><span>Geber86/E+来自盖蒂图片社</span></p></blockquote></p><p> <b>Investment Thesis</b></p><p><blockquote><b>投资论文</b></blockquote></p><p> Snap (SNAP) reported yet another impressive result and Q3 2021 guidance. And as we dig into its results, there are no obvious blemishes in the report. Snap continues growing its top line revenues at very strong rates, while its bottom line EBITDA growth is even more impressive.</p><p><blockquote>SNAP（SNAP）报告了另一项令人印象深刻的业绩和2021年第三季度指引。当我们深入研究其结果时，报告中没有明显的瑕疵。Snap的营收继续以非常强劲的速度增长，而其利润EBITDA增长则更加令人印象深刻。</blockquote></p><p> At 29x forward sales, the stock is not cheap. And investors considering this investment opportunity will have to adopt a very&nbsp;<i>strong-willed buy-and-hold investment strategy</i>. Because at this valuation, the stock is already pricing in a lot of future growth.</p><p><blockquote>以29倍的远期销售额计算，该股并不便宜。而考虑这一投资机会的投资者将不得不采取非常<i>意志坚定的买入并持有投资策略</i>.因为按照这个估值，该股已经消化了未来的大量增长。</blockquote></p><p> <b>Revenue Growth Rates Are Incredibly Strong</b></p><p><blockquote><b>收入增长率非常强劲</b></blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/72843b7d7a6cc562b484e25eac7cacbe\" tg-width=\"640\" tg-height=\"285\" referrerpolicy=\"no-referrer\"><span>Source: author's calculations; **high-end guidance</span></p><p><blockquote><p class=\"t-img-caption\"><span>资料来源：作者计算；**高端指导</span></p></blockquote></p><p> Q2 2021 was always going to look strong given just how weak the advertising industry found itself in the same period a year ago. Thus, Snap shareholders were clearly expecting a lot. But to see Snap come out with more than triple digits y/y revenue growth rates? That was particularly stunning.</p><p><blockquote>考虑到一年前同期广告业的疲软程度，2021年第二季度看起来总是很强劲。因此，Snap股东显然期望很高。但看到Snap的收入同比增长率超过三位数？这尤其令人震惊。</blockquote></p><p> Previously, I had noted that investors should look beyond&nbsp;Snap's maturing MAUs in North America, and look towards its International opportunity as its next wave of growth opportunities.</p><p><blockquote>此前，我曾指出，投资者应该超越Snap在北美成熟的月活跃用户数，将其国际机遇视为下一波增长机会。</blockquote></p><p> However, even though its overseas revenues were strong, the real driver of Snap's returns come from the pricing power of its North America users:</p><p><blockquote>然而，尽管海外收入强劲，但Snap回报的真正驱动力来自北美用户的定价能力：</blockquote></p><p> <img src=\"https://static.tigerbbs.com/95aca2444a479c7dc060c03d6bf0cec3\" tg-width=\"640\" tg-height=\"126\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p> In the table above, I've stripped out all the other details for us to focus our discussions around Snap's Average Revenue Per User (\"ARPU\"). As you can see, pricing in North America was the real driver of revenues, with ARPU up 116% y/y. Why is this important?</p><p><blockquote>在上表中，我已经剔除了所有其他细节，以便我们将讨论的重点放在Snap的每用户平均收入（“ARPU”）上。正如您所看到的，北美的定价是收入的真正驱动力，ARPU同比增长116%。为什么这很重要？</blockquote></p><p> It's important because it shows that, even on the back of just 6% y/y growth in DAUs in North America, advertisers are eager to reach out and connect with Snap's young demographic and pay up for that opportunity.</p><p><blockquote>这很重要，因为它表明，即使北美DAU同比仅增长6%，广告商也渴望接触和联系Snap的年轻人群，并为这个机会付费。</blockquote></p><p> <b>Could Spectacles be the Next Wave of Growth for Snap?</b></p><p><blockquote><b>眼镜会成为Snap的下一波增长吗？</b></blockquote></p><p> For some time, Snap has been making investors aware that it's moving beyond just a social media platform and that it's now looking to take its Augmented Reality technology and deploy it into hardware.</p><p><blockquote>一段时间以来，Snap一直在让投资者意识到，它正在超越社交媒体平台，现在正在寻求将其增强现实技术部署到硬件中。</blockquote></p><p> At first, this was met with investor skepticism. After all, Snap was taking an asset-light and lucrative business and pivoting towards a hardware revenue business, with lower margins.</p><p><blockquote>起初，这遭到了投资者的质疑。毕竟，Snap正在采取轻资产且利润丰厚的业务，并转向利润率较低的硬件收入业务。</blockquote></p><p> Indeed, it didn't make much sense why Snap would make such a move. Particularly given that Snap had, without any hardware investment, grown very successfully and built the necessary technology to spring off other manufacturers' capital investment into a business with nearly $4.5 billion in run-rate revenues as of Q4 2021.</p><p><blockquote>事实上，Snap为什么会做出这样的举动并没有多大意义。特别是考虑到Snap在没有任何硬件投资的情况下发展非常成功，并建立了必要的技术，将其他制造商的资本投资转化为截至2021年第四季度运行收入近45亿美元的业务。</blockquote></p><p> Having said that, Snap asserts that by further developing its&nbsp;Spectacles business unit, users can not only create more immersive content, but they will have access to other uses as well.</p><p><blockquote>话虽如此，Snap声称，通过进一步发展其眼镜业务部门，用户不仅可以创建更身临其境的内容，还可以访问其他用途。</blockquote></p><p> For instance, by using Spectacles, users can use AR try-on technology to emulate a physical shopping experience and get clothing with the right fit and the right size, to reduce the need for online returns.</p><p><blockquote>例如，通过使用眼镜，用户可以使用AR试穿技术来模拟实体购物体验，并获得合适尺寸的衣服，以减少在线退货的需求。</blockquote></p><p> The underlying idea is to increase user engagement and build an increased digital inventory of the users' life journeys. Other uses could be to increase the personalization of an online shopping experience.</p><p><blockquote>潜在的想法是增加用户参与度，并建立用户生活旅程的数字清单。其他用途可以是增加在线购物体验的个性化。</blockquote></p><p> This is something that is likely to resonate strongly with Snap's young demographic and offers Snap an opportunity to differentiate itself against other players in this space.</p><p><blockquote>这可能会引起Snap年轻人的强烈共鸣，并为Snap提供了在该领域与其他参与者区分开来的机会。</blockquote></p><p> While Snap is quick to note that this is not yet a fully-fledged solution, it's nevertheless a way to improve shoppers' online experience by making visualization personal and as close to real as possible.</p><p><blockquote>虽然Snap很快指出，这还不是一个成熟的解决方案，但它仍然是一种通过使可视化个性化并尽可能接近真实来改善购物者在线体验的方式。</blockquote></p><p> <i>Hence, the question investors have to answer is whether this is all already priced in or if there's still more upside potential?</i></p><p><blockquote><i>因此，投资者必须回答的问题是，这一切是否已经被定价，或者是否还有更多的上涨潜力？</i></blockquote></p><p> <b>SNAP Stock Valuation: Not Cheap</b></p><p><blockquote><b>SNAP股票估值：不便宜</b></blockquote></p><p></p><p> Snap is valued at approximately 29x forward sales. If we compare with Pinterest (PINS), which trades at approximately 19x forward sales, this reminds readers that a lot of excitement, optimism, expectation, and positive sentiment is evidently priced into Snap.</p><p><blockquote>Snap的估值约为远期销售额的29倍。如果我们与Pinterest(PINS)（其远期销售额约为19倍）进行比较，这提醒读者，Snap显然包含了很多兴奋、乐观、期望和积极情绪。</blockquote></p><p> On the other hand, shareholders may be quick to remark that even if Snap is richly valued, high quality and rapidly growing businesses rarely trade in the bargain basement -- particularly towards the end of a very long bull market.</p><p><blockquote>另一方面，股东可能很快就会注意到，即使Snap估值很高，高质量和快速增长的企业也很少以低价交易——尤其是在漫长的牛市即将结束时。</blockquote></p><p> Moreover, keep in mind that Snap is now signaling to investors that its multi-year investments are now paying fruit and this now marks the third quarter of adjusted EBITDA profitability over its trailing twelve months.</p><p><blockquote>此外，请记住，Snap现在向投资者发出信号，表明其多年投资正在取得成果，这标志着其过去12个月调整后EBITDA盈利能力的第三季度。</blockquote></p><p> Hence, if Snap's Q2 2021's 116% top line appears strong and caught many headlines, then Snap's adjusted EBITDA growth of more than 200% looks even better.</p><p><blockquote>因此，如果SNAP 2021年第二季度116%的营收显得强劲并成为许多头条新闻，那么Snap调整后EBITDA增长超过200%看起来就更好了。</blockquote></p><p> What's more, as we look out to its guidance next quarter, its bottom line EBITDA is expected to once again posttriple digits EBITDA growth y/y.</p><p><blockquote>更重要的是，当我们展望下一季度的指引时，其净利润EBITDA预计将再次实现三位数的EBITDA同比增长。</blockquote></p><p> <b>Premortem (Investment Risks)</b></p><p><blockquote><b>事前（投资风险）</b></blockquote></p><p> Arguably, the single bearish consideration is that Snap's valuation doesn't offer investors much room for error. Not only does it trade more expensively than other social platforms, but it's also clearly a richly valued stock.</p><p><blockquote>可以说，唯一看跌的考虑因素是Snap的估值没有给投资者提供太多犯错的空间。它不仅比其他社交平台的交易成本更高，而且显然也是一只估值很高的股票。</blockquote></p><p> To this end, we see that investors pricing a lot of optimism that Snap will continue to positively surprise investors. Consequently, any mishaps during any quarter, when a stock is so richly priced, leaves the stock primed for a meaningful sell-off.</p><p><blockquote>为此，我们看到投资者对Snap将继续给投资者带来积极惊喜的乐观情绪进行了定价。因此，当股票定价如此昂贵时，任何季度发生的任何事故都会使该股票面临大幅抛售。</blockquote></p><p> Next, the bulk of investor thesis is to a large extent contingent on Snap's DAUs continuing to steadily increase. What's more, Q2 2021 marked just a mid-single-digit increase in DAUs in North America.</p><p><blockquote>接下来，投资者的大部分论点在很大程度上取决于SNAP DAU的持续稳定增长。此外，2021年第二季度北美的DAU仅实现了中个位数的增长。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/cab82b3b3570378165d43957bf0e925c\" tg-width=\"640\" tg-height=\"65\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"></p><p><blockquote></blockquote></p><p> If we look back to H1 2019 (pre-COVID), Snap's DAU growth was approximately compared with the same period in the prior year. This is an undeniable reminder that Snap's DAU growth had previously flattened and that it's entirely possible that it may flatten down once again. If that were to happen, investors would not regard Snap as a high growth name, and the number of investors that would be willing to pay for the stock would decrease.</p><p><blockquote>如果我们回顾2019年上半年（COVID之前），Snap的DAU增长与上年同期大致相当。这不可否认地提醒我们，Snap的DAU增长此前已经趋于平缓，而且完全有可能再次趋于平缓。如果发生这种情况，投资者就不会将Snap视为一个高增长的名字，愿意购买该股票的投资者数量也会减少。</blockquote></p><p> <b>The Bottom Line: Is SNAP A Good Buy?</b></p><p><blockquote><b>底线：SNAP值得购买吗？</b></blockquote></p><p> Even though Snap is not a cheap stock, Snap continues to demonstrate that its revenue growth rates remain incredibly strong.</p><p><blockquote>尽管Snap并不是一只便宜的股票，但Snap继续证明其收入增长率仍然非常强劲。</blockquote></p><p> While there's a lot to like in Snap's investment, I will sit out this opportunity as I prefer to invest in companies where the outlook is not as rosy, but the valuation is dramatically cheaper.</p><p><blockquote>虽然Snap的投资有很多值得喜欢的地方，但我会坐视这个机会，因为我更喜欢投资前景不那么乐观但估值却便宜得多的公司。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://seekingalpha.com/article/4441412-snap-one-of-fastest-growing-social-media-companies\">seekingalpha</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SNAP":"Snap Inc"},"source_url":"https://seekingalpha.com/article/4441412-snap-one-of-fastest-growing-social-media-companies","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1118738178","content_text":"Summary\n\nSnap had a high bar to cross to impress investors. And not only did its Q2 results succeed but, looking out to its Q3 guidance, its prospects remain very attractive.\nSnap's ARPU in North America was the highlight of its Q2 results.\nSnap is not in the bargain basement. Hence, investors looking to buy at this stage will have to take a buy-and-hold investment strategy.\n\nGeber86/E+ via Getty Images\nInvestment Thesis\nSnap (SNAP) reported yet another impressive result and Q3 2021 guidance. And as we dig into its results, there are no obvious blemishes in the report. Snap continues growing its top line revenues at very strong rates, while its bottom line EBITDA growth is even more impressive.\nAt 29x forward sales, the stock is not cheap. And investors considering this investment opportunity will have to adopt a very strong-willed buy-and-hold investment strategy. Because at this valuation, the stock is already pricing in a lot of future growth.\nRevenue Growth Rates Are Incredibly Strong\nSource: author's calculations; **high-end guidance\nQ2 2021 was always going to look strong given just how weak the advertising industry found itself in the same period a year ago. Thus, Snap shareholders were clearly expecting a lot. But to see Snap come out with more than triple digits y/y revenue growth rates? That was particularly stunning.\nPreviously, I had noted that investors should look beyond Snap's maturing MAUs in North America, and look towards its International opportunity as its next wave of growth opportunities.\nHowever, even though its overseas revenues were strong, the real driver of Snap's returns come from the pricing power of its North America users:\n\nIn the table above, I've stripped out all the other details for us to focus our discussions around Snap's Average Revenue Per User (\"ARPU\"). As you can see, pricing in North America was the real driver of revenues, with ARPU up 116% y/y. Why is this important?\nIt's important because it shows that, even on the back of just 6% y/y growth in DAUs in North America, advertisers are eager to reach out and connect with Snap's young demographic and pay up for that opportunity.\nCould Spectacles be the Next Wave of Growth for Snap?\nFor some time, Snap has been making investors aware that it's moving beyond just a social media platform and that it's now looking to take its Augmented Reality technology and deploy it into hardware.\nAt first, this was met with investor skepticism. After all, Snap was taking an asset-light and lucrative business and pivoting towards a hardware revenue business, with lower margins.\nIndeed, it didn't make much sense why Snap would make such a move. Particularly given that Snap had, without any hardware investment, grown very successfully and built the necessary technology to spring off other manufacturers' capital investment into a business with nearly $4.5 billion in run-rate revenues as of Q4 2021.\nHaving said that, Snap asserts that by further developing its Spectacles business unit, users can not only create more immersive content, but they will have access to other uses as well.\nFor instance, by using Spectacles, users can use AR try-on technology to emulate a physical shopping experience and get clothing with the right fit and the right size, to reduce the need for online returns.\nThe underlying idea is to increase user engagement and build an increased digital inventory of the users' life journeys. Other uses could be to increase the personalization of an online shopping experience.\nThis is something that is likely to resonate strongly with Snap's young demographic and offers Snap an opportunity to differentiate itself against other players in this space.\nWhile Snap is quick to note that this is not yet a fully-fledged solution, it's nevertheless a way to improve shoppers' online experience by making visualization personal and as close to real as possible.\nHence, the question investors have to answer is whether this is all already priced in or if there's still more upside potential?\nSNAP Stock Valuation: Not Cheap\nSnap is valued at approximately 29x forward sales. If we compare with Pinterest (PINS), which trades at approximately 19x forward sales, this reminds readers that a lot of excitement, optimism, expectation, and positive sentiment is evidently priced into Snap.\nOn the other hand, shareholders may be quick to remark that even if Snap is richly valued, high quality and rapidly growing businesses rarely trade in the bargain basement -- particularly towards the end of a very long bull market.\nMoreover, keep in mind that Snap is now signaling to investors that its multi-year investments are now paying fruit and this now marks the third quarter of adjusted EBITDA profitability over its trailing twelve months.\nHence, if Snap's Q2 2021's 116% top line appears strong and caught many headlines, then Snap's adjusted EBITDA growth of more than 200% looks even better.\nWhat's more, as we look out to its guidance next quarter, its bottom line EBITDA is expected to once again posttriple digits EBITDA growth y/y.\nPremortem (Investment Risks)\nArguably, the single bearish consideration is that Snap's valuation doesn't offer investors much room for error. Not only does it trade more expensively than other social platforms, but it's also clearly a richly valued stock.\nTo this end, we see that investors pricing a lot of optimism that Snap will continue to positively surprise investors. Consequently, any mishaps during any quarter, when a stock is so richly priced, leaves the stock primed for a meaningful sell-off.\nNext, the bulk of investor thesis is to a large extent contingent on Snap's DAUs continuing to steadily increase. What's more, Q2 2021 marked just a mid-single-digit increase in DAUs in North America.\n\nIf we look back to H1 2019 (pre-COVID), Snap's DAU growth was approximately compared with the same period in the prior year. This is an undeniable reminder that Snap's DAU growth had previously flattened and that it's entirely possible that it may flatten down once again. If that were to happen, investors would not regard Snap as a high growth name, and the number of investors that would be willing to pay for the stock would decrease.\nThe Bottom Line: Is SNAP A Good Buy?\nEven though Snap is not a cheap stock, Snap continues to demonstrate that its revenue growth rates remain incredibly strong.\nWhile there's a lot to like in Snap's investment, I will sit out this opportunity as I prefer to invest in companies where the outlook is not as rosy, but the valuation is dramatically cheaper.","news_type":1,"symbols_score_info":{"SNAP":0.9}},"isVote":1,"tweetType":1,"viewCount":1968,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":800320436,"gmtCreate":1627279675925,"gmtModify":1631890256056,"author":{"id":"3585112551047037","authorId":"3585112551047037","name":"nhwk","avatar":"https://static.tigerbbs.com/6c30e5ca56e66441b191f6d576d8fe16","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3585112551047037","idStr":"3585112551047037"},"themes":[],"htmlText":"Like pls","listText":"Like pls","text":"Like pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/800320436","repostId":"1100772026","repostType":4,"isVote":1,"tweetType":1,"viewCount":1836,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":170670415,"gmtCreate":1626430871137,"gmtModify":1633926816621,"author":{"id":"3585112551047037","authorId":"3585112551047037","name":"nhwk","avatar":"https://static.tigerbbs.com/6c30e5ca56e66441b191f6d576d8fe16","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3585112551047037","idStr":"3585112551047037"},"themes":[],"htmlText":"Like pls","listText":"Like pls","text":"Like pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/170670415","repostId":"1188067627","repostType":4,"isVote":1,"tweetType":1,"viewCount":573,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":149441778,"gmtCreate":1625745739994,"gmtModify":1633937802152,"author":{"id":"3585112551047037","authorId":"3585112551047037","name":"nhwk","avatar":"https://static.tigerbbs.com/6c30e5ca56e66441b191f6d576d8fe16","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3585112551047037","idStr":"3585112551047037"},"themes":[],"htmlText":"👊🏻","listText":"👊🏻","text":"👊🏻","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/149441778","repostId":"1173465225","repostType":4,"isVote":1,"tweetType":1,"viewCount":418,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":140659218,"gmtCreate":1625656049534,"gmtModify":1633938687020,"author":{"id":"3585112551047037","authorId":"3585112551047037","name":"nhwk","avatar":"https://static.tigerbbs.com/6c30e5ca56e66441b191f6d576d8fe16","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3585112551047037","idStr":"3585112551047037"},"themes":[],"htmlText":"Like pls","listText":"Like pls","text":"Like pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/140659218","repostId":"2149399705","repostType":4,"isVote":1,"tweetType":1,"viewCount":625,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}