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2021-08-06

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2021-11-06

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2021-09-13

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2021-11-28

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2021-09-11

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2021-10-09

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S&P 500 ends lower after U.S. September jobs miss<blockquote>美国 9 月份就业岗位未达预期后标普500收低</blockquote>

2021-08-22

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Buffett’s Berkshire Still Isn’t Buying. Here’s What It Sold.<blockquote>巴菲特的伯克希尔仍然不买账。以下是它的售价。</blockquote>

2021-07-11

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The Meme Stock Trade Is Far From Over. What Investors Need to Know.<blockquote>模因股票交易远未结束。投资者需要了解的内容。</blockquote>

2021-07-10

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2021-10-24

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US IPO Week Ahead: Semiconductors, energy storage, designer apparel, and more in a 12 IPO week<blockquote>美国 IPO 周即将到来：半导体、储能、设计师服装等 12 个 IPO 周</blockquote>

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10:35","market":"us","language":"en","title":"Palantir: The Great Reset<blockquote>Palantir：大重置</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1195946210","media":"Seeking Alpha","summary":"SummaryAfter its direct listing shares skyrocketed to nearly $40, and have now returned to sub-$12 a","content":"<p><html><head></head><body>Summary</p><p><blockquote><html><head></head><body>总结</body></html></blockquote></p><p><ul><li>After its direct listing shares skyrocketed to nearly $40, and have now returned to sub-$12 at the time of this writing.</li><li>There is a host of reasons why the stock is still expensive.</li><li>Revenue growth at 30% per year through 2025.</li><li>There is some residual value in contracts booked with Palantir that are yet to be delivered that will lead to future revenue.</li><li>Free cash flow positive, and scratching the surface of profitability.</li></ul>There is no doubt about it, technology stocks, especially those that are potential game-changing names, are often extremely expensive. For years many of these stocks will lose money but invest heavily in their growth while seeing revenues increase dramatically. Sometimes that growth fades and the company never really transforms the world like it set out to do. Then there are times where for years the company loses money, but the internal metrics improve year after year and growth eventually is so strong profits roll in. Every great tech giant you know started out losing money. Picking winners and losers is easier said than done in the long term, but the key in our opinion is to look at what problems they solve, who their customers are, the growth, and to a lesser degree, valuation. One of the most controversial stocks in the market is Palantir Technologies (PLTR). The stock direct listed in 2020 and took off during the major tech rally into 2021. But in 2021, the stock began to fade, and today is back under $12. Has it come down enough? We think so, for the long-term investor. Even for traders, the potential of a dead cat bounce near-term is highly likely, but in the near-term, the stock is still expensive, even for high growth tech, but is much more reasonable compared to a few months ago. Thecompany just reported earnings, and the growth remains on track. The company is scratching the surface of profitability and is free cash flow positive. Customer count is growing and retention is strong. In short, we believe you can finally start buying here again.</p><p><blockquote><ul><li>直接上市后，股价飙升至近 40 美元，截至撰写本文时已回到 12 美元以下。</li><li>该股仍然昂贵的原因有很多。</li><li>到 2025 年，收入每年增长 30%。</li><li>与Palantir签订的合同中有一些尚未交付的剩余价值，这将导致未来的收入。</li><li>自由现金流为正，并触及盈利的表面。</li></ul>毫无疑问，科技股，尤其是那些潜在的改变游戏规则的股票，往往极其昂贵。多年来，这些股票中的许多都会亏损，但在收入大幅增长的同时，大量投资于它们的增长。有时这种增长会消退，公司也从未像它计划的那样真正改变世界。有时公司多年来一直亏损，但内部指标逐年改善，增长最终如此强劲，利润滚滚而来。你知道的每一个伟大的科技巨头都开始亏损。从长远来看，挑选赢家和输家说起来容易做起来难，但我们认为关键是要看他们解决了什么问题，他们的客户是谁，增长情况，以及在较小程度上看估值。市场上最具争议的股票之一是 Palantir Technologies (PLTR)。该股于 2020 年直接上市，并在 2021 年的重大科技反弹期间起飞。但在 2021 年，该股开始下跌，如今已回到 12 美元以下。下来够了吗？我们认为，对于长期投资者来说。即使对于交易者来说，短期内死猫反弹的可能性也很高，但短期内，该股仍然昂贵，即使对于高增长科技公司来说也是如此，但与几个月前相比要合理得多。该公司刚刚公布了财报，增长仍在正轨上。该公司刚刚触及盈利的表面，自由现金流为正。客户数量在增长，保留率很高。简而言之，我们相信您最终可以再次开始在这里购买。</blockquote></p><p>What goes up doesn&#39;t always come down, but Palantir stock sure did</p><p><blockquote>上涨的并不总是会下跌，但 Palantir 股票确实会下跌</blockquote></p><p>Take a look at the chart of Palantir since going live on the stock market in 2020:</p><p><blockquote>看看 Palantir 自 2020 年股市上线以来的图表：</blockquote></p><p><img src=\"https://static.tigerbbs.com/46ca7504520c5dc53ff23d8f5a8d3a83\" tg-width=\"640\" tg-height=\"289\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p><blockquote></blockquote></p><p>BAD BEAT Investing</p><p><blockquote>糟糕的节拍投资</blockquote></p><p>As you can see, the stock rocketed to all-time highs in February of 2021 and traded a bit sideways in the 20s for a few months before cratering in the fall and of 2021 into 2022 with the threat of rate hikes decimating the high revenue growth, little to no earnings tech. Palantir fits this bill pretty well. But you can look at the chart of many innovation names that are seeing massive revenue growth but make no money. They all have gotten crushed in the last few months. While Palantir stock has a number of risks, we think you can finally start to buy.</p><p><blockquote>正如您所看到的，该股在 2021 年 2 月飙升至历史高点，并在 20 多点时略微横盘交易了几个月，然后在秋季和 2021 年至 2022 年期间因加息威胁而大幅下跌收入增长，几乎没有盈利技术。Palantir非常适合这一要求。但你可以看看许多创新公司的图表，它们的收入大幅增长，但却不赚钱。在过去的几个月里，他们都被压垮了。虽然 Palantir 股票存在许多风险，但我们认为您最终可以开始购买。</blockquote></p><p>The play</p><p><blockquote>这出戏</blockquote></p><p>Target entry 1: $11.95-$12.15 40% of position</p><p><blockquote>目标入场 1：11.95-12.15 美元 仓位的 40%</blockquote></p><p>Target entry 2: $10.80-$11.00 60% of position</p><p><blockquote>目标入场2：$10.80-$11.00仓位的60%</blockquote></p><p>Stop loss: $9</p><p><blockquote>止损：9美元</blockquote></p><p>Target exit: $15</p><p><blockquote>目标退出：15 美元</blockquote></p><p>Options recommendations: With premiums high in this volatile name selling puts is a strong strategy for income and/or defining entry. Consider the March 18th, 2022 $12 puts for $0.80-$0.85 in premium. Call option buying is pricey, but you can consider the August 19th, 2022 $14 strike for $1.60, then $1.20.</p><p><blockquote>期权建议：在这个波动较大的名字中，溢价很高，卖出看跌期权是一个强有力的收入和/或确定进入的策略。考虑2022年3月18日12美元看跌期权，溢价为0.80-0.85美元。购买看涨期权期权价格昂贵，但您可以考虑 2022 年 8 月 19 日 14 美元的行权价为 1.60 美元，然后是 1.20 美元。</blockquote></p><p>Discussion</p><p><blockquote>讨论</blockquote></p><p>Palantir brings in its revenue under two reporting segments. These are the government and commercial segments. Its commercial revenue stream has grown at a rapid rate over the last year, while government results and the outlook have been a bit mixed. To improve sales, Palantir has expanded its sales team and they have been working to secure new orders. In our opinion, this paid off.</p><p><blockquote>Palantir 将其收入分为两个报告部门。这些是政府和商业部门。去年，其商业收入流快速增长，而政府业绩和前景却有些好坏参半。为了提高销售额，Palantir扩大了其销售团队，他们一直在努力获得新订单。在我们看来，这得到了回报。</blockquote></p><p>Performance was strong andahead of consensus estimates. Total revenue grew 34% year-over-year to $433 million, beating estimates by almost $15 million. The commercial revenue continues to grow at a great pace, rising 132% in 2021, and up 47% in Q4 vs last year. While the Government revenues have slowed their growth somewhat, they still rose 26% from last year, and the company added a total of 34 net new customers in the quarter across both segments.</p><p><blockquote>业绩强劲，超出市场普遍预期。总收入同比增长 34%，达到 4.33 亿美元，超出预期近 1500 万美元。商业收入继续快速增长，2021年增长132%，第四季度较去年增长47%。虽然政府收入的增长有所放缓，但仍比去年增长了 26%，该公司本季度在这两个领域总共新增了 34 个净新客户。</blockquote></p><p>Now, here is the thing. The company is just barely starting to make money. That means the stock is expensive, like so many other growth tech names. More on that in a moment. While the company lost $59 million, adjusted income from operations was $124 million, while the company is free cash flow positive, seeing $104 million in the quarter. That is a big positive. For the year, adjusted free cash flow was $424 million. We love free cash flow. This is a very big positive. The company squeaked out a $0.02 adjusted EPS result. It is something.</p><p><blockquote>事情是这样的。该公司才刚刚开始赚钱。这意味着该股票价格昂贵，就像许多其他成长型科技公司一样。稍后会详细介绍。虽然该公司亏损了 5900 万美元，但调整后的营业收入为 1.24 亿美元，而该公司的自由现金流为正，本季度为 1.04 亿美元。这是一个很大的积极因素。本年度调整后自由现金流为 4.24 亿美元。我们喜欢自由现金流。这是一个非常大的积极因素。该公司调整后每股收益为 0.02 美元。这是某种东西。</blockquote></p><p></p><p>Now, as for the valuation, it is often best to look at price to sales ratios for high-growth tech. Take a look at Seeking Alpha&#39;sgradeson these measures:</p><p><blockquote>现在，至于估值，通常最好看高增长技术的市销率。看看根据这些指标寻求阿尔法的等级：</blockquote></p><p><img src=\"https://static.tigerbbs.com/8f7343d2292c60fa673f2cfd23e2ea66\" tg-width=\"640\" tg-height=\"574\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p><blockquote></blockquote></p><p>Seeking Alpha</p><p><blockquote>寻求阿尔法</blockquote></p><p>A bit laughable really, as all high-growth tech seemingly have &#39;failing&#39; grades, but the metrics are what matters. At 18X sales, the stock is still expensive, factoring in the drop in shares to under $12, and we are still pricey at 15X-16X, but this is much more reasonable compared to when the stock was in the $30s. 90X FWD EPS, well, the company is working to get to being profitable, but we do like the hidden positive of a 1.0X PEG ratio. In terms ofgrowth,these measures look a lot better with 38% FWD revenue growth expected, and 350% levered free cash flow growth going forward. These fundamentals continue to improve for the company.</p><p><blockquote>确实有点可笑，因为所有高增长科技公司似乎都有“不及格”的成绩，但指标才是最重要的。在 18 倍的销售额下，考虑到股价跌至 12 美元以下，该股票仍然很贵，而且我们在 15-16 倍时仍然很贵，但与股价在 30 美元左右时相比，这要合理得多。90 倍 FWD EPS，嗯，该公司正在努力实现盈利，但我们确实喜欢 1.0 倍 PEG 比率的隐藏优势。就增长而言，这些指标看起来要好得多，预计富卫收入增长 38%，未来杠杆自由现金流增长 350%。公司的这些基本面持续改善。</blockquote></p><p>Of course, the stock is still not without risk. First, even after the precipitous drop, shares are pricey as we mentioned. The company also could see government slash spending in tough times, though, some would argue that their technology saves the government money. We see the commercials sales growing though a recession could lead to reduced spend on tech companies like Palantir that try and help solve problems for companies.</p><p><blockquote>当然，该股仍然并非没有风险。首先，正如我们提到的，即使在急剧下降之后，股票仍然价格昂贵。该公司也可能会看到政府在困难时期削减开支，不过，一些人会认为他们的技术节省了政府资金。我们看到广告销售额在增长，尽管经济衰退可能会导致像 Palantir 这样试图帮助公司解决问题的科技公司减少支出。</blockquote></p><p>Perhaps one of the biggest issues many people have with this company is the unrelenting dilution that has been occurring. Alex Karp addressed this on the conference call:</p><p><blockquote>也许许多人对这家公司最大的问题之一是不断发生的稀释。Alex Karp 在电话会议上谈到了这一点：</blockquote></p><p></p><p><i>Thank you. And I really appreciate you, investors. Thanks for investing and the faith you have in us. Okay. So there&#39;s like the simple version, which I think it&#39;s like - so there&#39;s really - there&#39;s stock-based comp and there&#39;s dilution. Dilution thing, that&#39;s a red herring. We&#39;re not issuing a lot of new shares, I think it&#39;s like in the $9 million range. And so it would be a little coy of me to say that&#39;s like no issue, move on.</i><i>The thing to understand about Palantir and then I want to just take this like, it&#39;s actually not the result of the DPO, it&#39;s the result of the fact that we were completely focused on building product. We had no earthly idea we were going to DPO like right before we did it. And so most companies are quite frankly built so that the - when analysts look at it, the primary customer of most software companies is not the client, it&#39;s the software analyst.</i><i>So it&#39;s like we, obviously, our primary clients are our clients. which doesn&#39;t mean - and then now we&#39;re thinking about how do we expose the data in a way that people on the outside like you and professional analysts and others can look at the data and get a better sense of what&#39;s tracking, what&#39;s not tracking. But the primary source of a lot of these like questions really comes down to look, we built the company to support the U.S. warfighter primarily and then do - take dual, use it for the glory of humanity, particular humanity in the West. That was our idea. And because our primary client was not what someone had a hedge fund would think, we didn&#39;t actually think of these things from inception. And so now there&#39;s a process of normalization.</i><i>You&#39;re just going to see that in going forward on these calls just like how do you normalize, how do you provide data that people are going to look at, how do you provide data that people can understand that they&#39;re used to seeing, while simultaneously staying true to what our mission is. It&#39;s like our primary clients are the people we&#39;re serving. We&#39;re in full align with them. And that&#39;s why we survive even with the nascent sales force. You can get things to double, which is in sync.</i><i>So then you get to stock-based comp, which is like, okay, so - and there&#39;s 2 parts of it. Of course, IRI people kind of don&#39;t want me to do any kind of forward-looking math, but if you&#39;re smart enough to invest in talent, you&#39;re smart enough to figure out. There&#39;s essentially - there&#39;s the - how are we comping people, and there will be a normalization that will get us into a range where you would see in a software company within the next 18 months, latest 2 years. But there&#39;s essentially - and that&#39;s going to take a little time. It is going to happen, because it&#39;s also very much linked to another question, which is how do you actually run the company so it&#39;s profitable someday on a GAAP basis, not stripping out comp. And that was also within eyesight.</i><i>And those are our goals for Palantir because same reason we have no debt. The same reason we have $2.3 billion on our balance sheet. This is a company built for bad times. Bad times means strong finances internally. And that means at some point, you have to be GAAP profitable. You can&#39;t be GAAP profitable if you&#39;re diluting people or - correctly your stock based comp is totally - is not in conformity with other companies.</i><i>So you&#39;re seeing a normalization. This will change. It will change in the relatively near future. It will be linked to other things that we believe are important for Palantir like having a company that thrives in bad times. And we are - bad times are very good for Palantir because we build products that are robust, that are built for danger. And then the finances internally are actually built for bad times. And bad times means you have free cash flow, the free cash flow turns into GAAP profit.</i><i>That means the stock-based comp has to be one that&#39;s aligned with our investors also because that&#39;s basically - it&#39;s part of a little bit longer philosophical narrative, but like if software is the only moat, then value and gross shares have to be re-evaluated in terms of their value, value only exists if you can actually get a tech node, call it, maybe something besides. And growth only exist if you build a company that is where the technology is strong enough, the business fundamentals are strong enough that the free cash flow actually turns into GAAP profitability, and that&#39;s linked to stock return. So this is a priority, both because you care, but also quite frankly, because it is the health of our company, which we care a lot about.&#34;</i>As you can see, they acknowledge that this is an issue. We also like the mention of getting to GAAP profitability. However, we do encourage you to actually read the full transcript. The call was a bit interes</p><p><blockquote><i>谢谢。我真的很感谢你们，投资者。感谢您的投资和对我们的信任。好的。所以有一个简单的版本，我认为它就像——所以确实有——有基于股票的补偿和稀释。稀释的事情，这是一个转移注意力的问题。我们不会发行很多新股，我认为大概在 900 万美元左右。所以我说这不是问题，继续前进有点害羞。</i><i>关于 Palantir 需要了解的是，我想这样理解，这实际上不是 DPO 的结果，而是我们完全专注于构建产品的结果。在我们这样做之前，我们根本不知道我们要去DPO。因此，坦率地说，大多数公司的建立使得——当分析师看到它时，大多数软件公司的主要客户不是客户，而是软件分析师。</i><i>所以很明显，我们的主要客户就是我们的客户。这并不意味着 - 现在我们正在考虑如何以一种方式暴露数据，让像您这样的外部人员、专业分析师和其他人可以查看数据并更好地了解什么在跟踪，什么不在跟踪。但许多此类问题的主要来源实际上可以归结为，我们建立公司主要是为了支持美国战斗机，然后采取双重行动，将其用于人类的荣耀，特别是西方的人类。那是我们的主意。因为我们的主要客户不是对冲基金所认为的那样，所以我们实际上从一开始就没有想到这些事情。所以现在有一个正常化的过程。</i><i>在推进这些评级时，你会看到这一点，就像你如何标准化，你如何提供人们会看到的数据，你如何提供人们可以理解他们习惯看到的数据，同时忠实于我们的使命一样。就好像我们的主要客户是我们服务的人。我们与他们完全一致。这就是为什么即使有了新生的销售队伍，我们也能生存下来。你可以让事情翻倍，这是同步的。</i><i>然后你就可以看到基于股票的薪酬，这就像，好吧，所以——它有两个部分。当然，IRI的人不想让我做任何前瞻性的数学，但如果你足够聪明去投资人才，你就足够聪明去想办法。本质上——有——我们是如何匹配人的，将会有一个标准化，这将使我们进入一个你会在未来18个月内，最迟2年内在软件公司看到的范围。但本质上是有的——这需要一点时间。这种情况将会发生，因为它还与另一个问题密切相关，即您实际上如何运营公司，以便有一天在 GAAP 基础上实现盈利，而不是剥夺薪酬。这也在视线范围内。</i><i>这些是我们对 Palantir 的目标，因为同样的原因我们没有债务。这也是我们资产负债表上有23亿美元的原因。这是一家为糟糕时期而建的公司。糟糕的时期意味着内部财务状况强劲。这意味着在某个时候，你必须按照公认会计准则盈利。如果你在稀释员工，或者——正确地说，你的股票薪酬完全——与其他公司不一致，你就不可能在公认会计准则下盈利。</i><i>所以你看到了正常化。这会改变的。它将在相对不久的将来发生变化。它将与我们认为对 Palantir 很重要的其他事情联系起来，例如拥有一家在困难时期蓬勃发展的公司。我们也是——糟糕的时期对 Palantir 来说非常好，因为我们制造的产品非常强大，是为危险而制造的。然后内部的财务实际上是为糟糕的时期而建立的。糟糕的时期意味着你有自由现金流，自由现金流转化为公认会计准则利润。</i><i>这意味着基于股票的薪酬必须与我们的投资者保持一致，因为这基本上是一个稍微长一点的哲学叙事的一部分，但就像如果软件是唯一的护城河一样，那么价值和总股本必须根据它们的价值重新评估，只有当你实际上可以获得一个技术节点，看涨期权它，也许除此之外的东西时，价值才会存在。只有当你建立的公司技术足够强大，业务基本面足够强大，自由现金流实际上转化为 GAAP 盈利能力，并且这与股票回报挂钩时，增长才会存在。因此，这是一个优先事项，不仅因为您关心，而且坦率地说，因为这是我们公司的健康，我们非常关心。”</i>如您所见，他们承认这是一个问题。我们还喜欢提到实现 GAAP 盈利。然而，我们鼓励你实际阅读完整的文字记录。看涨期权有点兴趣</blockquote></p><p></p><p>Take home</p><p><blockquote>带回家</blockquote></p><p>Shares have been crushed. But the company operates with no debt and free cash flow. The dilution issue is a major annoyance for shareholders and is a risk factor for valuation. Despite falling to levels not seen since 2020, the stock remains expensive, but nowhere near where it was valued a year ago. With the growth the company is displaying and what appears to be a recognition of the need to get to profitability, we like scaling in here.</p><p><blockquote>股价已被压垮。但该公司没有债务，有自由现金流。稀释问题是股东的一大烦恼，也是估值的一个风险因素。尽管跌至 2020 年以来的最高水平，但该股仍然昂贵，但远低于一年前的估值。随着公司表现出的增长以及对实现盈利需求的认可，我们喜欢在这里扩大规模。</blockquote></p><p></body></html></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>Palantir: The Great Reset<blockquote>Palantir：大重置</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\">\nPalantir: The Great Reset<blockquote>Palantir：大重置</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Seeking Alpha</strong><span class=\"h-time small\">2022-02-18 10:35</span>\n</p>\n</h4>\n</header>\n<article>\n<p><html><head></head><body>Summary</p><p><blockquote><html><head></head><body>总结</body></html></blockquote></p><p><ul><li>After its direct listing shares skyrocketed to nearly $40, and have now returned to sub-$12 at the time of this writing.</li><li>There is a host of reasons why the stock is still expensive.</li><li>Revenue growth at 30% per year through 2025.</li><li>There is some residual value in contracts booked with Palantir that are yet to be delivered that will lead to future revenue.</li><li>Free cash flow positive, and scratching the surface of profitability.</li></ul>There is no doubt about it, technology stocks, especially those that are potential game-changing names, are often extremely expensive. For years many of these stocks will lose money but invest heavily in their growth while seeing revenues increase dramatically. Sometimes that growth fades and the company never really transforms the world like it set out to do. Then there are times where for years the company loses money, but the internal metrics improve year after year and growth eventually is so strong profits roll in. Every great tech giant you know started out losing money. Picking winners and losers is easier said than done in the long term, but the key in our opinion is to look at what problems they solve, who their customers are, the growth, and to a lesser degree, valuation. One of the most controversial stocks in the market is Palantir Technologies (PLTR). The stock direct listed in 2020 and took off during the major tech rally into 2021. But in 2021, the stock began to fade, and today is back under $12. Has it come down enough? We think so, for the long-term investor. Even for traders, the potential of a dead cat bounce near-term is highly likely, but in the near-term, the stock is still expensive, even for high growth tech, but is much more reasonable compared to a few months ago. Thecompany just reported earnings, and the growth remains on track. The company is scratching the surface of profitability and is free cash flow positive. Customer count is growing and retention is strong. In short, we believe you can finally start buying here again.</p><p><blockquote><ul><li>直接上市后，股价飙升至近 40 美元，截至撰写本文时已回到 12 美元以下。</li><li>该股仍然昂贵的原因有很多。</li><li>到 2025 年，收入每年增长 30%。</li><li>与Palantir签订的合同中有一些尚未交付的剩余价值，这将导致未来的收入。</li><li>自由现金流为正，并触及盈利的表面。</li></ul>毫无疑问，科技股，尤其是那些潜在的改变游戏规则的股票，往往极其昂贵。多年来，这些股票中的许多都会亏损，但在收入大幅增长的同时，大量投资于它们的增长。有时这种增长会消退，公司也从未像它计划的那样真正改变世界。有时公司多年来一直亏损，但内部指标逐年改善，增长最终如此强劲，利润滚滚而来。你知道的每一个伟大的科技巨头都开始亏损。从长远来看，挑选赢家和输家说起来容易做起来难，但我们认为关键是要看他们解决了什么问题，他们的客户是谁，增长情况，以及在较小程度上看估值。市场上最具争议的股票之一是 Palantir Technologies (PLTR)。该股于 2020 年直接上市，并在 2021 年的重大科技反弹期间起飞。但在 2021 年，该股开始下跌，如今已回到 12 美元以下。下来够了吗？我们认为，对于长期投资者来说。即使对于交易者来说，短期内死猫反弹的可能性也很高，但短期内，该股仍然昂贵，即使对于高增长科技公司来说也是如此，但与几个月前相比要合理得多。该公司刚刚公布了财报，增长仍在正轨上。该公司刚刚触及盈利的表面，自由现金流为正。客户数量在增长，保留率很高。简而言之，我们相信您最终可以再次开始在这里购买。</blockquote></p><p>What goes up doesn&#39;t always come down, but Palantir stock sure did</p><p><blockquote>上涨的并不总是会下跌，但 Palantir 股票确实会下跌</blockquote></p><p>Take a look at the chart of Palantir since going live on the stock market in 2020:</p><p><blockquote>看看 Palantir 自 2020 年股市上线以来的图表：</blockquote></p><p><img src=\"https://static.tigerbbs.com/46ca7504520c5dc53ff23d8f5a8d3a83\" tg-width=\"640\" tg-height=\"289\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p><blockquote></blockquote></p><p>BAD BEAT Investing</p><p><blockquote>糟糕的节拍投资</blockquote></p><p>As you can see, the stock rocketed to all-time highs in February of 2021 and traded a bit sideways in the 20s for a few months before cratering in the fall and of 2021 into 2022 with the threat of rate hikes decimating the high revenue growth, little to no earnings tech. Palantir fits this bill pretty well. But you can look at the chart of many innovation names that are seeing massive revenue growth but make no money. They all have gotten crushed in the last few months. While Palantir stock has a number of risks, we think you can finally start to buy.</p><p><blockquote>正如您所看到的，该股在 2021 年 2 月飙升至历史高点，并在 20 多点时略微横盘交易了几个月，然后在秋季和 2021 年至 2022 年期间因加息威胁而大幅下跌收入增长，几乎没有盈利技术。Palantir非常适合这一要求。但你可以看看许多创新公司的图表，它们的收入大幅增长，但却不赚钱。在过去的几个月里，他们都被压垮了。虽然 Palantir 股票存在许多风险，但我们认为您最终可以开始购买。</blockquote></p><p>The play</p><p><blockquote>这出戏</blockquote></p><p>Target entry 1: $11.95-$12.15 40% of position</p><p><blockquote>目标入场 1：11.95-12.15 美元 仓位的 40%</blockquote></p><p>Target entry 2: $10.80-$11.00 60% of position</p><p><blockquote>目标入场2：$10.80-$11.00仓位的60%</blockquote></p><p>Stop loss: $9</p><p><blockquote>止损：9美元</blockquote></p><p>Target exit: $15</p><p><blockquote>目标退出：15 美元</blockquote></p><p>Options recommendations: With premiums high in this volatile name selling puts is a strong strategy for income and/or defining entry. Consider the March 18th, 2022 $12 puts for $0.80-$0.85 in premium. Call option buying is pricey, but you can consider the August 19th, 2022 $14 strike for $1.60, then $1.20.</p><p><blockquote>期权建议：在这个波动较大的名字中，溢价很高，卖出看跌期权是一个强有力的收入和/或确定进入的策略。考虑2022年3月18日12美元看跌期权，溢价为0.80-0.85美元。购买看涨期权期权价格昂贵，但您可以考虑 2022 年 8 月 19 日 14 美元的行权价为 1.60 美元，然后是 1.20 美元。</blockquote></p><p>Discussion</p><p><blockquote>讨论</blockquote></p><p>Palantir brings in its revenue under two reporting segments. These are the government and commercial segments. Its commercial revenue stream has grown at a rapid rate over the last year, while government results and the outlook have been a bit mixed. To improve sales, Palantir has expanded its sales team and they have been working to secure new orders. In our opinion, this paid off.</p><p><blockquote>Palantir 将其收入分为两个报告部门。这些是政府和商业部门。去年，其商业收入流快速增长，而政府业绩和前景却有些好坏参半。为了提高销售额，Palantir扩大了其销售团队，他们一直在努力获得新订单。在我们看来，这得到了回报。</blockquote></p><p>Performance was strong andahead of consensus estimates. Total revenue grew 34% year-over-year to $433 million, beating estimates by almost $15 million. The commercial revenue continues to grow at a great pace, rising 132% in 2021, and up 47% in Q4 vs last year. While the Government revenues have slowed their growth somewhat, they still rose 26% from last year, and the company added a total of 34 net new customers in the quarter across both segments.</p><p><blockquote>业绩强劲，超出市场普遍预期。总收入同比增长 34%，达到 4.33 亿美元，超出预期近 1500 万美元。商业收入继续快速增长，2021年增长132%，第四季度较去年增长47%。虽然政府收入的增长有所放缓，但仍比去年增长了 26%，该公司本季度在这两个领域总共新增了 34 个净新客户。</blockquote></p><p>Now, here is the thing. The company is just barely starting to make money. That means the stock is expensive, like so many other growth tech names. More on that in a moment. While the company lost $59 million, adjusted income from operations was $124 million, while the company is free cash flow positive, seeing $104 million in the quarter. That is a big positive. For the year, adjusted free cash flow was $424 million. We love free cash flow. This is a very big positive. The company squeaked out a $0.02 adjusted EPS result. It is something.</p><p><blockquote>事情是这样的。该公司才刚刚开始赚钱。这意味着该股票价格昂贵，就像许多其他成长型科技公司一样。稍后会详细介绍。虽然该公司亏损了 5900 万美元，但调整后的营业收入为 1.24 亿美元，而该公司的自由现金流为正，本季度为 1.04 亿美元。这是一个很大的积极因素。本年度调整后自由现金流为 4.24 亿美元。我们喜欢自由现金流。这是一个非常大的积极因素。该公司调整后每股收益为 0.02 美元。这是某种东西。</blockquote></p><p></p><p>Now, as for the valuation, it is often best to look at price to sales ratios for high-growth tech. Take a look at Seeking Alpha&#39;sgradeson these measures:</p><p><blockquote>现在，至于估值，通常最好看高增长技术的市销率。看看根据这些指标寻求阿尔法的等级：</blockquote></p><p><img src=\"https://static.tigerbbs.com/8f7343d2292c60fa673f2cfd23e2ea66\" tg-width=\"640\" tg-height=\"574\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p><blockquote></blockquote></p><p>Seeking Alpha</p><p><blockquote>寻求阿尔法</blockquote></p><p>A bit laughable really, as all high-growth tech seemingly have &#39;failing&#39; grades, but the metrics are what matters. At 18X sales, the stock is still expensive, factoring in the drop in shares to under $12, and we are still pricey at 15X-16X, but this is much more reasonable compared to when the stock was in the $30s. 90X FWD EPS, well, the company is working to get to being profitable, but we do like the hidden positive of a 1.0X PEG ratio. In terms ofgrowth,these measures look a lot better with 38% FWD revenue growth expected, and 350% levered free cash flow growth going forward. These fundamentals continue to improve for the company.</p><p><blockquote>确实有点可笑，因为所有高增长科技公司似乎都有“不及格”的成绩，但指标才是最重要的。在 18 倍的销售额下，考虑到股价跌至 12 美元以下，该股票仍然很贵，而且我们在 15-16 倍时仍然很贵，但与股价在 30 美元左右时相比，这要合理得多。90 倍 FWD EPS，嗯，该公司正在努力实现盈利，但我们确实喜欢 1.0 倍 PEG 比率的隐藏优势。就增长而言，这些指标看起来要好得多，预计富卫收入增长 38%，未来杠杆自由现金流增长 350%。公司的这些基本面持续改善。</blockquote></p><p>Of course, the stock is still not without risk. First, even after the precipitous drop, shares are pricey as we mentioned. The company also could see government slash spending in tough times, though, some would argue that their technology saves the government money. We see the commercials sales growing though a recession could lead to reduced spend on tech companies like Palantir that try and help solve problems for companies.</p><p><blockquote>当然，该股仍然并非没有风险。首先，正如我们提到的，即使在急剧下降之后，股票仍然价格昂贵。该公司也可能会看到政府在困难时期削减开支，不过，一些人会认为他们的技术节省了政府资金。我们看到广告销售额在增长，尽管经济衰退可能会导致像 Palantir 这样试图帮助公司解决问题的科技公司减少支出。</blockquote></p><p>Perhaps one of the biggest issues many people have with this company is the unrelenting dilution that has been occurring. Alex Karp addressed this on the conference call:</p><p><blockquote>也许许多人对这家公司最大的问题之一是不断发生的稀释。Alex Karp 在电话会议上谈到了这一点：</blockquote></p><p></p><p><i>Thank you. And I really appreciate you, investors. Thanks for investing and the faith you have in us. Okay. So there&#39;s like the simple version, which I think it&#39;s like - so there&#39;s really - there&#39;s stock-based comp and there&#39;s dilution. Dilution thing, that&#39;s a red herring. We&#39;re not issuing a lot of new shares, I think it&#39;s like in the $9 million range. And so it would be a little coy of me to say that&#39;s like no issue, move on.</i><i>The thing to understand about Palantir and then I want to just take this like, it&#39;s actually not the result of the DPO, it&#39;s the result of the fact that we were completely focused on building product. We had no earthly idea we were going to DPO like right before we did it. And so most companies are quite frankly built so that the - when analysts look at it, the primary customer of most software companies is not the client, it&#39;s the software analyst.</i><i>So it&#39;s like we, obviously, our primary clients are our clients. which doesn&#39;t mean - and then now we&#39;re thinking about how do we expose the data in a way that people on the outside like you and professional analysts and others can look at the data and get a better sense of what&#39;s tracking, what&#39;s not tracking. But the primary source of a lot of these like questions really comes down to look, we built the company to support the U.S. warfighter primarily and then do - take dual, use it for the glory of humanity, particular humanity in the West. That was our idea. And because our primary client was not what someone had a hedge fund would think, we didn&#39;t actually think of these things from inception. And so now there&#39;s a process of normalization.</i><i>You&#39;re just going to see that in going forward on these calls just like how do you normalize, how do you provide data that people are going to look at, how do you provide data that people can understand that they&#39;re used to seeing, while simultaneously staying true to what our mission is. It&#39;s like our primary clients are the people we&#39;re serving. We&#39;re in full align with them. And that&#39;s why we survive even with the nascent sales force. You can get things to double, which is in sync.</i><i>So then you get to stock-based comp, which is like, okay, so - and there&#39;s 2 parts of it. Of course, IRI people kind of don&#39;t want me to do any kind of forward-looking math, but if you&#39;re smart enough to invest in talent, you&#39;re smart enough to figure out. There&#39;s essentially - there&#39;s the - how are we comping people, and there will be a normalization that will get us into a range where you would see in a software company within the next 18 months, latest 2 years. But there&#39;s essentially - and that&#39;s going to take a little time. It is going to happen, because it&#39;s also very much linked to another question, which is how do you actually run the company so it&#39;s profitable someday on a GAAP basis, not stripping out comp. And that was also within eyesight.</i><i>And those are our goals for Palantir because same reason we have no debt. The same reason we have $2.3 billion on our balance sheet. This is a company built for bad times. Bad times means strong finances internally. And that means at some point, you have to be GAAP profitable. You can&#39;t be GAAP profitable if you&#39;re diluting people or - correctly your stock based comp is totally - is not in conformity with other companies.</i><i>So you&#39;re seeing a normalization. This will change. It will change in the relatively near future. It will be linked to other things that we believe are important for Palantir like having a company that thrives in bad times. And we are - bad times are very good for Palantir because we build products that are robust, that are built for danger. And then the finances internally are actually built for bad times. And bad times means you have free cash flow, the free cash flow turns into GAAP profit.</i><i>That means the stock-based comp has to be one that&#39;s aligned with our investors also because that&#39;s basically - it&#39;s part of a little bit longer philosophical narrative, but like if software is the only moat, then value and gross shares have to be re-evaluated in terms of their value, value only exists if you can actually get a tech node, call it, maybe something besides. And growth only exist if you build a company that is where the technology is strong enough, the business fundamentals are strong enough that the free cash flow actually turns into GAAP profitability, and that&#39;s linked to stock return. So this is a priority, both because you care, but also quite frankly, because it is the health of our company, which we care a lot about.&#34;</i>As you can see, they acknowledge that this is an issue. We also like the mention of getting to GAAP profitability. However, we do encourage you to actually read the full transcript. The call was a bit interes</p><p><blockquote><i>谢谢。我真的很感谢你们，投资者。感谢您的投资和对我们的信任。好的。所以有一个简单的版本，我认为它就像——所以确实有——有基于股票的补偿和稀释。稀释的事情，这是一个转移注意力的问题。我们不会发行很多新股，我认为大概在 900 万美元左右。所以我说这不是问题，继续前进有点害羞。</i><i>关于 Palantir 需要了解的是，我想这样理解，这实际上不是 DPO 的结果，而是我们完全专注于构建产品的结果。在我们这样做之前，我们根本不知道我们要去DPO。因此，坦率地说，大多数公司的建立使得——当分析师看到它时，大多数软件公司的主要客户不是客户，而是软件分析师。</i><i>所以很明显，我们的主要客户就是我们的客户。这并不意味着 - 现在我们正在考虑如何以一种方式暴露数据，让像您这样的外部人员、专业分析师和其他人可以查看数据并更好地了解什么在跟踪，什么不在跟踪。但许多此类问题的主要来源实际上可以归结为，我们建立公司主要是为了支持美国战斗机，然后采取双重行动，将其用于人类的荣耀，特别是西方的人类。那是我们的主意。因为我们的主要客户不是对冲基金所认为的那样，所以我们实际上从一开始就没有想到这些事情。所以现在有一个正常化的过程。</i><i>在推进这些评级时，你会看到这一点，就像你如何标准化，你如何提供人们会看到的数据，你如何提供人们可以理解他们习惯看到的数据，同时忠实于我们的使命一样。就好像我们的主要客户是我们服务的人。我们与他们完全一致。这就是为什么即使有了新生的销售队伍，我们也能生存下来。你可以让事情翻倍，这是同步的。</i><i>然后你就可以看到基于股票的薪酬，这就像，好吧，所以——它有两个部分。当然，IRI的人不想让我做任何前瞻性的数学，但如果你足够聪明去投资人才，你就足够聪明去想办法。本质上——有——我们是如何匹配人的，将会有一个标准化，这将使我们进入一个你会在未来18个月内，最迟2年内在软件公司看到的范围。但本质上是有的——这需要一点时间。这种情况将会发生，因为它还与另一个问题密切相关，即您实际上如何运营公司，以便有一天在 GAAP 基础上实现盈利，而不是剥夺薪酬。这也在视线范围内。</i><i>这些是我们对 Palantir 的目标，因为同样的原因我们没有债务。这也是我们资产负债表上有23亿美元的原因。这是一家为糟糕时期而建的公司。糟糕的时期意味着内部财务状况强劲。这意味着在某个时候，你必须按照公认会计准则盈利。如果你在稀释员工，或者——正确地说，你的股票薪酬完全——与其他公司不一致，你就不可能在公认会计准则下盈利。</i><i>所以你看到了正常化。这会改变的。它将在相对不久的将来发生变化。它将与我们认为对 Palantir 很重要的其他事情联系起来，例如拥有一家在困难时期蓬勃发展的公司。我们也是——糟糕的时期对 Palantir 来说非常好，因为我们制造的产品非常强大，是为危险而制造的。然后内部的财务实际上是为糟糕的时期而建立的。糟糕的时期意味着你有自由现金流，自由现金流转化为公认会计准则利润。</i><i>这意味着基于股票的薪酬必须与我们的投资者保持一致，因为这基本上是一个稍微长一点的哲学叙事的一部分，但就像如果软件是唯一的护城河一样，那么价值和总股本必须根据它们的价值重新评估，只有当你实际上可以获得一个技术节点，看涨期权它，也许除此之外的东西时，价值才会存在。只有当你建立的公司技术足够强大，业务基本面足够强大，自由现金流实际上转化为 GAAP 盈利能力，并且这与股票回报挂钩时，增长才会存在。因此，这是一个优先事项，不仅因为您关心，而且坦率地说，因为这是我们公司的健康，我们非常关心。”</i>如您所见，他们承认这是一个问题。我们还喜欢提到实现 GAAP 盈利。然而，我们鼓励你实际阅读完整的文字记录。看涨期权有点兴趣</blockquote></p><p></p><p>Take home</p><p><blockquote>带回家</blockquote></p><p>Shares have been crushed. But the company operates with no debt and free cash flow. The dilution issue is a major annoyance for shareholders and is a risk factor for valuation. Despite falling to levels not seen since 2020, the stock remains expensive, but nowhere near where it was valued a year ago. With the growth the company is displaying and what appears to be a recognition of the need to get to profitability, we like scaling in here.</p><p><blockquote>股价已被压垮。但该公司没有债务，有自由现金流。稀释问题是股东的一大烦恼，也是估值的一个风险因素。尽管跌至 2020 年以来的最高水平，但该股仍然昂贵，但远低于一年前的估值。随着公司表现出的增长以及对实现盈利需求的认可，我们喜欢在这里扩大规模。</blockquote></p><p></body></html></p><p><blockquote></blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://seekingalpha.com/article/4487929-palantir-the-great-reset\">Seeking Alpha</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"PLTR":"Palantir Technologies Inc."},"source_url":"https://seekingalpha.com/article/4487929-palantir-the-great-reset","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1195946210","content_text":"SummaryAfter its direct listing shares skyrocketed to nearly $40, and have now returned to sub-$12 at the time of this writing.There is a host of reasons why the stock is still expensive.Revenue growth at 30% per year through 2025.There is some residual value in contracts booked with Palantir that are yet to be delivered that will lead to future revenue.Free cash flow positive, and scratching the surface of profitability.There is no doubt about it, technology stocks, especially those that are potential game-changing names, are often extremely expensive. For years many of these stocks will lose money but invest heavily in their growth while seeing revenues increase dramatically. Sometimes that growth fades and the company never really transforms the world like it set out to do. Then there are times where for years the company loses money, but the internal metrics improve year after year and growth eventually is so strong profits roll in. Every great tech giant you know started out losing money. Picking winners and losers is easier said than done in the long term, but the key in our opinion is to look at what problems they solve, who their customers are, the growth, and to a lesser degree, valuation. One of the most controversial stocks in the market is Palantir Technologies (PLTR). The stock direct listed in 2020 and took off during the major tech rally into 2021. But in 2021, the stock began to fade, and today is back under $12. Has it come down enough? We think so, for the long-term investor. Even for traders, the potential of a dead cat bounce near-term is highly likely, but in the near-term, the stock is still expensive, even for high growth tech, but is much more reasonable compared to a few months ago. Thecompany just reported earnings, and the growth remains on track. The company is scratching the surface of profitability and is free cash flow positive. Customer count is growing and retention is strong. In short, we believe you can finally start buying here again.What goes up doesn't always come down, but Palantir stock sure didTake a look at the chart of Palantir since going live on the stock market in 2020:BAD BEAT InvestingAs you can see, the stock rocketed to all-time highs in February of 2021 and traded a bit sideways in the 20s for a few months before cratering in the fall and of 2021 into 2022 with the threat of rate hikes decimating the high revenue growth, little to no earnings tech. Palantir fits this bill pretty well. But you can look at the chart of many innovation names that are seeing massive revenue growth but make no money. They all have gotten crushed in the last few months. While Palantir stock has a number of risks, we think you can finally start to buy.The playTarget entry 1: $11.95-$12.15 40% of positionTarget entry 2: $10.80-$11.00 60% of positionStop loss: $9Target exit: $15Options recommendations: With premiums high in this volatile name selling puts is a strong strategy for income and/or defining entry. Consider the March 18th, 2022 $12 puts for $0.80-$0.85 in premium. Call option buying is pricey, but you can consider the August 19th, 2022 $14 strike for $1.60, then $1.20.DiscussionPalantir brings in its revenue under two reporting segments. These are the government and commercial segments. Its commercial revenue stream has grown at a rapid rate over the last year, while government results and the outlook have been a bit mixed. To improve sales, Palantir has expanded its sales team and they have been working to secure new orders. In our opinion, this paid off.Performance was strong andahead of consensus estimates. Total revenue grew 34% year-over-year to $433 million, beating estimates by almost $15 million. The commercial revenue continues to grow at a great pace, rising 132% in 2021, and up 47% in Q4 vs last year. While the Government revenues have slowed their growth somewhat, they still rose 26% from last year, and the company added a total of 34 net new customers in the quarter across both segments.Now, here is the thing. The company is just barely starting to make money. That means the stock is expensive, like so many other growth tech names. More on that in a moment. While the company lost $59 million, adjusted income from operations was $124 million, while the company is free cash flow positive, seeing $104 million in the quarter. That is a big positive. For the year, adjusted free cash flow was $424 million. We love free cash flow. This is a very big positive. The company squeaked out a $0.02 adjusted EPS result. It is something.Now, as for the valuation, it is often best to look at price to sales ratios for high-growth tech. Take a look at Seeking Alpha'sgradeson these measures:Seeking AlphaA bit laughable really, as all high-growth tech seemingly have 'failing' grades, but the metrics are what matters. At 18X sales, the stock is still expensive, factoring in the drop in shares to under $12, and we are still pricey at 15X-16X, but this is much more reasonable compared to when the stock was in the $30s. 90X FWD EPS, well, the company is working to get to being profitable, but we do like the hidden positive of a 1.0X PEG ratio. In terms ofgrowth,these measures look a lot better with 38% FWD revenue growth expected, and 350% levered free cash flow growth going forward. These fundamentals continue to improve for the company.Of course, the stock is still not without risk. First, even after the precipitous drop, shares are pricey as we mentioned. The company also could see government slash spending in tough times, though, some would argue that their technology saves the government money. We see the commercials sales growing though a recession could lead to reduced spend on tech companies like Palantir that try and help solve problems for companies.Perhaps one of the biggest issues many people have with this company is the unrelenting dilution that has been occurring. Alex Karp addressed this on the conference call:Thank you. And I really appreciate you, investors. Thanks for investing and the faith you have in us. Okay. So there's like the simple version, which I think it's like - so there's really - there's stock-based comp and there's dilution. Dilution thing, that's a red herring. We're not issuing a lot of new shares, I think it's like in the $9 million range. And so it would be a little coy of me to say that's like no issue, move on.The thing to understand about Palantir and then I want to just take this like, it's actually not the result of the DPO, it's the result of the fact that we were completely focused on building product. We had no earthly idea we were going to DPO like right before we did it. And so most companies are quite frankly built so that the - when analysts look at it, the primary customer of most software companies is not the client, it's the software analyst.So it's like we, obviously, our primary clients are our clients. which doesn't mean - and then now we're thinking about how do we expose the data in a way that people on the outside like you and professional analysts and others can look at the data and get a better sense of what's tracking, what's not tracking. But the primary source of a lot of these like questions really comes down to look, we built the company to support the U.S. warfighter primarily and then do - take dual, use it for the glory of humanity, particular humanity in the West. That was our idea. And because our primary client was not what someone had a hedge fund would think, we didn't actually think of these things from inception. And so now there's a process of normalization.You're just going to see that in going forward on these calls just like how do you normalize, how do you provide data that people are going to look at, how do you provide data that people can understand that they're used to seeing, while simultaneously staying true to what our mission is. It's like our primary clients are the people we're serving. We're in full align with them. And that's why we survive even with the nascent sales force. You can get things to double, which is in sync.So then you get to stock-based comp, which is like, okay, so - and there's 2 parts of it. Of course, IRI people kind of don't want me to do any kind of forward-looking math, but if you're smart enough to invest in talent, you're smart enough to figure out. There's essentially - there's the - how are we comping people, and there will be a normalization that will get us into a range where you would see in a software company within the next 18 months, latest 2 years. But there's essentially - and that's going to take a little time. It is going to happen, because it's also very much linked to another question, which is how do you actually run the company so it's profitable someday on a GAAP basis, not stripping out comp. And that was also within eyesight.And those are our goals for Palantir because same reason we have no debt. The same reason we have $2.3 billion on our balance sheet. This is a company built for bad times. Bad times means strong finances internally. And that means at some point, you have to be GAAP profitable. You can't be GAAP profitable if you're diluting people or - correctly your stock based comp is totally - is not in conformity with other companies.So you're seeing a normalization. This will change. It will change in the relatively near future. It will be linked to other things that we believe are important for Palantir like having a company that thrives in bad times. And we are - bad times are very good for Palantir because we build products that are robust, that are built for danger. And then the finances internally are actually built for bad times. And bad times means you have free cash flow, the free cash flow turns into GAAP profit.That means the stock-based comp has to be one that's aligned with our investors also because that's basically - it's part of a little bit longer philosophical narrative, but like if software is the only moat, then value and gross shares have to be re-evaluated in terms of their value, value only exists if you can actually get a tech node, call it, maybe something besides. And growth only exist if you build a company that is where the technology is strong enough, the business fundamentals are strong enough that the free cash flow actually turns into GAAP profitability, and that's linked to stock return. So this is a priority, both because you care, but also quite frankly, because it is the health of our company, which we care a lot about.\"As you can see, they acknowledge that this is an issue. We also like the mention of getting to GAAP profitability. However, we do encourage you to actually read the full transcript. The call was a bit interesting. There was not a lot of talk about financials and quite a bit of conjecture on the call. A lot of words, and not a lot of substance. This gives us a little bit more risk in addition to what was mentioned above.Take homeShares have been crushed. But the company operates with no debt and free cash flow. The dilution issue is a major annoyance for shareholders and is a risk factor for valuation. Despite falling to levels not seen since 2020, the stock remains expensive, but nowhere near where it was valued a year ago. With the growth the company is displaying and what appears to be a recognition of the need to get to profitability, we like scaling in here.","news_type":1,"symbols_score_info":{"PLTR":0.9}},"isVote":1,"tweetType":1,"viewCount":4968,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":638342117,"gmtCreate":1645096789387,"gmtModify":1645096789672,"author":{"id":"3586255748151463","authorId":"3586255748151463","name":"indietro_","avatar":"https://static.tigerbbs.com/caebb6c2a70cbd2db563a3808f3d7b22","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3586255748151463","authorIdStr":"3586255748151463"},"themes":[],"title":"","htmlText":"O","listText":"O","text":"O","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/638342117","repostId":"1198371121","repostType":4,"repost":{"id":"1198371121","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":1645096079,"share":"https://www.laohunote.com/m/news/1198371121?lang=zh_CN&edition=full","pubTime":"2022-02-17 19:07","market":"us","language":"en","title":"Palantir Shares Tumbled Nearly 11% in Premarket Trading after Announcing Its Financial Results<blockquote>Palantir 公布财务业绩后，股价在盘前交易中暴跌近 11%</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1198371121","media":"Tiger Newspress","summary":"Palantir shares tumbled nearly 11% in premarket trading after announcing its financial results.Palan","content":"<p><html><head></head><body>Palantir shares tumbled nearly 11% in premarket trading after announcing its financial results.<img src=\"https://static.tigerbbs.com/22b683204f486921e68d73b5c4e4491d\" tg-width=\"738\" tg-height=\"616\" referrerpolicy=\"no-referrer\"/>Palantir Technologies forecast current-quarter sales above estimates on Thursday, after a steady flow of government contracts and a growing commercial portfolio boosted the data analytics software firm&#39;s fourth-quarter revenue.</p><p><blockquote><html><head></head><body>Palantir 公布财务业绩后，股价在盘前交易中暴跌近 11%。Palantir Technologies 周四预测本季度销售额将高于预期，此前政府合同的稳定流动和不断增长的商业组合提振了这家数据分析软件公司第四季度的收入。</body></html></blockquote></p><p>Known for its work with the U.S. Army, the Central Intelligence Agency and other government bodies, Palantir&#39;s next leg of growth is widely expected to come from commercial contracts with large businesses.</p><p><blockquote>以与美国的合作而闻名。陆军、中央情报局和其他政府机构，人们普遍预计 Palantir 的下一步增长将来自与大企业的商业合同。</blockquote></p><p>The company, which provides its software only to the United States and &#34;its allies&#34;, tripled its commercial customer count to 147 customers in 2021, driven by deals with brands including Ferrari, Kinder Morgan and IBM.</p><p><blockquote>该公司仅向美国及其“盟友”提供软件，在与法拉利、金德摩根和 IBM 等品牌的交易推动下，2021 年其商业客户数量增加了两倍，达到 147 家。</blockquote></p><p>&#34;You are starting to see that the U.S. commercial business is starting to dominate the business. Two years ago, it was 6% of revenue and now it is 13% of the revenue,&#34; Chief Operating Officer Shyam Sankar told Reuters in an interview.</p><p><blockquote>首席运营官 Shyam Sankar 在接受路透社采访时表示：“你开始看到美国商业业务开始主导业务。两年前，它占收入的 6%，现在占收入的 13%。”</blockquote></p><p>The company forecast first-quarter revenue of $443 million. Analysts on average expect $439.2 million, according to IBES data from Refinitiv.</p><p><blockquote>该公司预计第一季度收入为 4.43 亿美元。根据 Refinitiv 的 IBES 数据，分析师平均预期为 4.392 亿美元。</blockquote></p><p>Palantir, backed by tech billionaire Peter Thiel, said fourth-quarter revenue rose 34% to $432.9 million, also surpassing expectations.</p><p><blockquote>由科技亿万富翁 Peter Thiel 支持的 Palantir 表示，第四季度收入增长 34%，达到 4.329 亿美元，也超出了预期。</blockquote></p><p>However, experts have raised concerns over Palantir&#39;s reliance on large deals with a few customers, including its dependence on government contracts, which make its revenue flow uncertain.</p><p><blockquote>然而，专家们对 Palantir 依赖与少数客户的大交易表示担忧，包括对政府合同的依赖，这使得其收入流存在不确定性。</blockquote></p><p>Addressing the concerns, COO Sankar said the company&#39;s net dollar retention rate reveals the &#34;stickiness&#34; of its software with customers.</p><p><blockquote>针对这些担忧，首席运营官桑卡尔表示，该公司的净美元保留率揭示了其软件对客户的“粘性”。</blockquote></p><p>Palantir disclosed the metric for the first time in its results statement on Thursday, reporting a net dollar retention rate of 131% in fiscal 2021 with a 150% rate in its U.S. commercial business.</p><p><blockquote>Palantir 在周四的业绩声明中首次披露了这一指标，报告称 2021 财年的净美元保留率为 131%，美国商业业务的净美元保留率为 150%。</blockquote></p><p>Net loss in the quarter ended Dec. 31 was $156.2 million, or 8 cents per share, compared with a loss of $148.3 million, or 8 cents per share, a year earlier.</p><p><blockquote>截至 12 月 31 日的季度净亏损为 1.562 亿美元，即每股 8 美分，而去年同期亏损为 1.483 亿美元，即每股 8 美分。</blockquote></p><p></body></html></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>Palantir Shares Tumbled Nearly 11% in Premarket Trading after Announcing Its Financial Results<blockquote>Palantir 公布财务业绩后，股价在盘前交易中暴跌近 11%</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\">\nPalantir Shares Tumbled Nearly 11% in Premarket Trading after Announcing Its Financial Results<blockquote>Palantir 公布财务业绩后，股价在盘前交易中暴跌近 11%</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\">2022-02-17 19:07</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p><html><head></head><body>Palantir shares tumbled nearly 11% in premarket trading after announcing its financial results.<img src=\"https://static.tigerbbs.com/22b683204f486921e68d73b5c4e4491d\" tg-width=\"738\" tg-height=\"616\" referrerpolicy=\"no-referrer\"/>Palantir Technologies forecast current-quarter sales above estimates on Thursday, after a steady flow of government contracts and a growing commercial portfolio boosted the data analytics software firm&#39;s fourth-quarter revenue.</p><p><blockquote><html><head></head><body>Palantir 公布财务业绩后，股价在盘前交易中暴跌近 11%。Palantir Technologies 周四预测本季度销售额将高于预期，此前政府合同的稳定流动和不断增长的商业组合提振了这家数据分析软件公司第四季度的收入。</body></html></blockquote></p><p>Known for its work with the U.S. Army, the Central Intelligence Agency and other government bodies, Palantir&#39;s next leg of growth is widely expected to come from commercial contracts with large businesses.</p><p><blockquote>以与美国的合作而闻名。陆军、中央情报局和其他政府机构，人们普遍预计 Palantir 的下一步增长将来自与大企业的商业合同。</blockquote></p><p>The company, which provides its software only to the United States and &#34;its allies&#34;, tripled its commercial customer count to 147 customers in 2021, driven by deals with brands including Ferrari, Kinder Morgan and IBM.</p><p><blockquote>该公司仅向美国及其“盟友”提供软件，在与法拉利、金德摩根和 IBM 等品牌的交易推动下，2021 年其商业客户数量增加了两倍，达到 147 家。</blockquote></p><p>&#34;You are starting to see that the U.S. commercial business is starting to dominate the business. Two years ago, it was 6% of revenue and now it is 13% of the revenue,&#34; Chief Operating Officer Shyam Sankar told Reuters in an interview.</p><p><blockquote>首席运营官 Shyam Sankar 在接受路透社采访时表示：“你开始看到美国商业业务开始主导业务。两年前，它占收入的 6%，现在占收入的 13%。”</blockquote></p><p>The company forecast first-quarter revenue of $443 million. Analysts on average expect $439.2 million, according to IBES data from Refinitiv.</p><p><blockquote>该公司预计第一季度收入为 4.43 亿美元。根据 Refinitiv 的 IBES 数据，分析师平均预期为 4.392 亿美元。</blockquote></p><p>Palantir, backed by tech billionaire Peter Thiel, said fourth-quarter revenue rose 34% to $432.9 million, also surpassing expectations.</p><p><blockquote>由科技亿万富翁 Peter Thiel 支持的 Palantir 表示，第四季度收入增长 34%，达到 4.329 亿美元，也超出了预期。</blockquote></p><p>However, experts have raised concerns over Palantir&#39;s reliance on large deals with a few customers, including its dependence on government contracts, which make its revenue flow uncertain.</p><p><blockquote>然而，专家们对 Palantir 依赖与少数客户的大交易表示担忧，包括对政府合同的依赖，这使得其收入流存在不确定性。</blockquote></p><p>Addressing the concerns, COO Sankar said the company&#39;s net dollar retention rate reveals the &#34;stickiness&#34; of its software with customers.</p><p><blockquote>针对这些担忧，首席运营官桑卡尔表示，该公司的净美元保留率揭示了其软件对客户的“粘性”。</blockquote></p><p>Palantir disclosed the metric for the first time in its results statement on Thursday, reporting a net dollar retention rate of 131% in fiscal 2021 with a 150% rate in its U.S. commercial business.</p><p><blockquote>Palantir 在周四的业绩声明中首次披露了这一指标，报告称 2021 财年的净美元保留率为 131%，美国商业业务的净美元保留率为 150%。</blockquote></p><p>Net loss in the quarter ended Dec. 31 was $156.2 million, or 8 cents per share, compared with a loss of $148.3 million, or 8 cents per share, a year earlier.</p><p><blockquote>截至 12 月 31 日的季度净亏损为 1.562 亿美元，即每股 8 美分，而去年同期亏损为 1.483 亿美元，即每股 8 美分。</blockquote></p><p></body></html></p><p><blockquote></blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"PLTR":"Palantir Technologies Inc."},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1198371121","content_text":"Palantir shares tumbled nearly 11% in premarket trading after announcing its financial results.Palantir Technologies forecast current-quarter sales above estimates on Thursday, after a steady flow of government contracts and a growing commercial portfolio boosted the data analytics software firm's fourth-quarter revenue.Known for its work with the U.S. Army, the Central Intelligence Agency and other government bodies, Palantir's next leg of growth is widely expected to come from commercial contracts with large businesses.The company, which provides its software only to the United States and \"its allies\", tripled its commercial customer count to 147 customers in 2021, driven by deals with brands including Ferrari, Kinder Morgan and IBM.\"You are starting to see that the U.S. commercial business is starting to dominate the business. Two years ago, it was 6% of revenue and now it is 13% of the revenue,\" Chief Operating Officer Shyam Sankar told Reuters in an interview.The company forecast first-quarter revenue of $443 million. Analysts on average expect $439.2 million, according to IBES data from Refinitiv.Palantir, backed by tech billionaire Peter Thiel, said fourth-quarter revenue rose 34% to $432.9 million, also surpassing expectations.However, experts have raised concerns over Palantir's reliance on large deals with a few customers, including its dependence on government contracts, which make its revenue flow uncertain.Addressing the concerns, COO Sankar said the company's net dollar retention rate reveals the \"stickiness\" of its software with customers.Palantir disclosed the metric for the first time in its results statement on Thursday, reporting a net dollar retention rate of 131% in fiscal 2021 with a 150% rate in its U.S. commercial business.Net loss in the quarter ended Dec. 31 was $156.2 million, or 8 cents per share, compared with a loss of $148.3 million, or 8 cents per share, a year earlier.","news_type":1,"symbols_score_info":{"PLTR":0.9}},"isVote":1,"tweetType":1,"viewCount":3780,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":631773939,"gmtCreate":1644971581562,"gmtModify":1644971581854,"author":{"id":"3586255748151463","authorId":"3586255748151463","name":"indietro_","avatar":"https://static.tigerbbs.com/caebb6c2a70cbd2db563a3808f3d7b22","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3586255748151463","authorIdStr":"3586255748151463"},"themes":[],"title":"","htmlText":"ㅇㄱ","listText":"ㅇㄱ","text":"ㅇㄱ","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/631773939","repostId":"2211637053","repostType":4,"isVote":1,"tweetType":1,"viewCount":4327,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":631269972,"gmtCreate":1644795671820,"gmtModify":1644795672142,"author":{"id":"3586255748151463","authorId":"3586255748151463","name":"indietro_","avatar":"https://static.tigerbbs.com/caebb6c2a70cbd2db563a3808f3d7b22","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3586255748151463","authorIdStr":"3586255748151463"},"themes":[],"title":"","htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/631269972","repostId":"2211132520","repostType":2,"isVote":1,"tweetType":1,"viewCount":4461,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":631677430,"gmtCreate":1644724639069,"gmtModify":1644724639344,"author":{"id":"3586255748151463","authorId":"3586255748151463","name":"indietro_","avatar":"https://static.tigerbbs.com/caebb6c2a70cbd2db563a3808f3d7b22","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3586255748151463","authorIdStr":"3586255748151463"},"themes":[],"title":"","htmlText":"K","listText":"K","text":"K","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/631677430","repostId":"2210752103","repostType":4,"isVote":1,"tweetType":1,"viewCount":4504,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":631633226,"gmtCreate":1644632235869,"gmtModify":1644632236169,"author":{"id":"3586255748151463","authorId":"3586255748151463","name":"indietro_","avatar":"https://static.tigerbbs.com/caebb6c2a70cbd2db563a3808f3d7b22","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3586255748151463","authorIdStr":"3586255748151463"},"themes":[],"title":"","htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/631633226","repostId":"1167381325","repostType":4,"repost":{"id":"1167381325","kind":"news","pubTimestamp":1644625609,"share":"https://www.laohunote.com/m/news/1167381325?lang=zh_CN&edition=full","pubTime":"2022-02-12 08:26","market":"us","language":"en","title":"US IPO Week Ahead: More micro-caps amid the IPO market’s February lull<blockquote>美国 IPO 未来一周： IPO 市场二月份低迷，更多微型股上市</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1167381325","media":"renaissancecap...","summary":"The IPO market has hit its February lull. Just two micro-cap holdovers are scheduled to price in the","content":"<p><html><head></head><body>The IPO market has hit its February lull. Just two micro-cap holdovers are scheduled to price in the week ahead, though some small issuers and SPACs may join the calendar during the week.</p><p><blockquote><html><head></head><body>IPO市场进入了二月份的平静期。尽管一些小型发行人和 SPAC 可能会在本周加入日历，但只有两只微型股持有计划在未来一周进行定价。</body></html></blockquote></p><p>Preclinical biotech <b>Ocean Biomedical</b>(OCEA) plans to raise $22 million at a $222 million market cap. The company’s preclinical pipeline includes various humanized mAbs for non-small cell lung cancer and glioblastoma multiforme, a small molecule for the treatment of Idiopathic Pulmonary Fibrosis, a malaria vaccine, and two malaria therapeutics.</p><p><blockquote>临床前生物技术<b>海洋生物医学</b>（OCEA）计划以2.22亿美元的市值筹集2200万美元。该公司的临床前产品线包括用于非小细胞肺癌和多形性胶质母细胞瘤的各种人源化单克隆抗体、一种用于治疗特发性肺纤维化的小分子药物、一种疟疾疫苗和两种疟疾治疗药物。</blockquote></p><p>Bedding brand <b>Cariloha</b>(ALOHA) plans to raise $20 million at a $122 million market cap. The company positions itself as an eco-friendly alternative to traditional fabrics, and largely reaches customers through partnerships with cruise lines. Cariloha’s sales fell 30% in 2020 due to the pandemic, though it has since ramped up S&amp;M initiatives in the DTC channel. The company cut its deal size by 33% on Friday.</p><p><blockquote>寝具品牌<b>卡里洛哈</b>(ALOHA) 计划以 1.22 亿美元的市值筹集 2000 万美元。该公司将自己定位为传统面料的环保替代品，并主要通过与邮轮公司的合作来接触客户。受大流行病影响，Cariloha 的销售额在 2020 年下降了 30%，但此后该公司加强了 DTC 渠道的 S&amp;M 计划。该公司周五将交易规模削减了 33%。</blockquote></p><p><img src=\"https://static.tigerbbs.com/03fc45f9eafede36a0eb28d36cd5ab7b\" tg-width=\"1555\" tg-height=\"383\" width=\"100%\" height=\"auto\"/></p><p><blockquote></blockquote></p><p></body></html></p><p><blockquote></blockquote></p><p></p>","source":"lsy1619493174116","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: More micro-caps amid the IPO market’s February lull<blockquote>美国 IPO 未来一周： IPO 市场二月份低迷，更多微型股上市</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: More micro-caps amid the IPO market’s February lull<blockquote>美国 IPO 未来一周： IPO 市场二月份低迷，更多微型股上市</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">renaissancecap...</strong><span class=\"h-time small\">2022-02-12 08:26</span>\n</p>\n</h4>\n</header>\n<article>\n<p><html><head></head><body>The IPO market has hit its February lull. Just two micro-cap holdovers are scheduled to price in the week ahead, though some small issuers and SPACs may join the calendar during the week.</p><p><blockquote><html><head></head><body>IPO市场进入了二月份的平静期。尽管一些小型发行人和 SPAC 可能会在本周加入日历，但只有两只微型股持有计划在未来一周进行定价。</body></html></blockquote></p><p>Preclinical biotech <b>Ocean Biomedical</b>(OCEA) plans to raise $22 million at a $222 million market cap. The company’s preclinical pipeline includes various humanized mAbs for non-small cell lung cancer and glioblastoma multiforme, a small molecule for the treatment of Idiopathic Pulmonary Fibrosis, a malaria vaccine, and two malaria therapeutics.</p><p><blockquote>临床前生物技术<b>海洋生物医学</b>（OCEA）计划以2.22亿美元的市值筹集2200万美元。该公司的临床前产品线包括用于非小细胞肺癌和多形性胶质母细胞瘤的各种人源化单克隆抗体、一种用于治疗特发性肺纤维化的小分子药物、一种疟疾疫苗和两种疟疾治疗药物。</blockquote></p><p>Bedding brand <b>Cariloha</b>(ALOHA) plans to raise $20 million at a $122 million market cap. The company positions itself as an eco-friendly alternative to traditional fabrics, and largely reaches customers through partnerships with cruise lines. Cariloha’s sales fell 30% in 2020 due to the pandemic, though it has since ramped up S&amp;M initiatives in the DTC channel. The company cut its deal size by 33% on Friday.</p><p><blockquote>寝具品牌<b>卡里洛哈</b>(ALOHA) 计划以 1.22 亿美元的市值筹集 2000 万美元。该公司将自己定位为传统面料的环保替代品，并主要通过与邮轮公司的合作来接触客户。受大流行病影响，Cariloha 的销售额在 2020 年下降了 30%，但此后该公司加强了 DTC 渠道的 S&amp;M 计划。该公司周五将交易规模削减了 33%。</blockquote></p><p><img src=\"https://static.tigerbbs.com/03fc45f9eafede36a0eb28d36cd5ab7b\" tg-width=\"1555\" tg-height=\"383\" width=\"100%\" height=\"auto\"/></p><p><blockquote></blockquote></p><p></body></html></p><p><blockquote></blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.renaissancecapital.com/IPO-Center/News/90918/US-IPO-Week-Ahead-More-micro-caps-amid-the-IPO-market%E2%80%99s-February-lull\">renaissancecap...</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":{"IPO":"Renaissance IPO ETF"},"source_url":"https://www.renaissancecapital.com/IPO-Center/News/90918/US-IPO-Week-Ahead-More-micro-caps-amid-the-IPO-market%E2%80%99s-February-lull","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1167381325","content_text":"The IPO market has hit its February lull. Just two micro-cap holdovers are scheduled to price in the week ahead, though some small issuers and SPACs may join the calendar during the week.Preclinical biotech Ocean Biomedical(OCEA) plans to raise $22 million at a $222 million market cap. The company’s preclinical pipeline includes various humanized mAbs for non-small cell lung cancer and glioblastoma multiforme, a small molecule for the treatment of Idiopathic Pulmonary Fibrosis, a malaria vaccine, and two malaria therapeutics.Bedding brand Cariloha(ALOHA) plans to raise $20 million at a $122 million market cap. The company positions itself as an eco-friendly alternative to traditional fabrics, and largely reaches customers through partnerships with cruise lines. Cariloha’s sales fell 30% in 2020 due to the pandemic, though it has since ramped up S&M initiatives in the DTC channel. The company cut its deal size by 33% on Friday.","news_type":1,"symbols_score_info":{"IPO":0.9}},"isVote":1,"tweetType":1,"viewCount":3683,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":631167887,"gmtCreate":1644546462546,"gmtModify":1644546462860,"author":{"id":"3586255748151463","authorId":"3586255748151463","name":"indietro_","avatar":"https://static.tigerbbs.com/caebb6c2a70cbd2db563a3808f3d7b22","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3586255748151463","authorIdStr":"3586255748151463"},"themes":[],"title":"","htmlText":"I&nbsp;","listText":"I&nbsp;","text":"I","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/631167887","repostId":"2210187875","repostType":4,"isVote":1,"tweetType":1,"viewCount":4156,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":631399339,"gmtCreate":1644467956709,"gmtModify":1644467957009,"author":{"id":"3586255748151463","authorId":"3586255748151463","name":"indietro_","avatar":"https://static.tigerbbs.com/caebb6c2a70cbd2db563a3808f3d7b22","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3586255748151463","authorIdStr":"3586255748151463"},"themes":[],"title":"","htmlText":"K","listText":"K","text":"K","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/631399339","repostId":"2210563984","repostType":4,"isVote":1,"tweetType":1,"viewCount":4356,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":631076751,"gmtCreate":1644407463410,"gmtModify":1644407464684,"author":{"id":"3586255748151463","authorId":"3586255748151463","name":"indietro_","avatar":"https://static.tigerbbs.com/caebb6c2a70cbd2db563a3808f3d7b22","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3586255748151463","authorIdStr":"3586255748151463"},"themes":[],"title":"","htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/631076751","repostId":"2210571558","repostType":4,"isVote":1,"tweetType":1,"viewCount":3876,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":633474276,"gmtCreate":1644305781548,"gmtModify":1644305781855,"author":{"id":"3586255748151463","authorId":"3586255748151463","name":"indietro_","avatar":"https://static.tigerbbs.com/caebb6c2a70cbd2db563a3808f3d7b22","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3586255748151463","authorIdStr":"3586255748151463"},"themes":[],"title":"","htmlText":"Ok&nbsp;","listText":"Ok&nbsp;","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/633474276","repostId":"1100003270","repostType":4,"repost":{"id":"1100003270","kind":"news","pubTimestamp":1644282699,"share":"https://www.laohunote.com/m/news/1100003270?lang=zh_CN&edition=full","pubTime":"2022-02-08 09:11","market":"us","language":"en","title":"3 Stocks That Could Blow the Market Away This Week<blockquote>本周可能引爆市场的 3 只股票</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1100003270","media":"Motley Fool","summary":"Some of last year's biggest winners can lead the market higher in 2022.","content":"<p><html><head></head><body><b>Key Points</b></p><p><blockquote><html><head></head><body><b>要点</b></body></html></blockquote></p><p><ul><li>Disney, Zillow, and Peloton are all reporting financial results this week.</li><li>All three stocks declined in 2021, and a lot is riding on the latest reports.</li><li>With depressed prices for all three, a lot of the negativity could already be priced into the shares.</li></ul>Hundreds of companies are reporting earnings this week, and a lot of them will be on the move. This is also a great opportunity for some of the names that have fallen out of favor to prove themselves worthy of second chances.</p><p><blockquote><ul><li>迪士尼、Zillow 和 Peloton 本周都将公布财务业绩。</li><li>这三只股票在 2021 年全部下跌，而且很大程度上取决于最新报告。</li><li>由于这三种股票的价格都低迷，许多负面影响可能已经反映在股票中。</li></ul>数百家公司本周将公布财报，其中许多公司将会采取行动。对于一些失宠的名字来说，这也是一个证明自己值得第二次机会的好机会。</blockquote></p><p><b>Disney</b> (NYSE:DIS), <b>Zillow</b> (NASDAQ:ZG)(NASDAQ:Z), and <b>Peloton Interactive</b> (NASDAQ:PTON) all closed lower last year and are reporting quarterly results this week. Let&#39;s take a closer look at them for potential catalysts to turn things around.</p><p><blockquote><b>迪士尼</b>（纽约证券交易所代码：DIS），<b>齐洛</b>（纳斯达克代码：ZG）（纳斯达克代码：Z），以及<b>Peloton互动</b>（纳斯达克股票代码：PTON）去年均收低，本周将公布季度业绩。让我们仔细看看它们，寻找扭转局面的潜在催化剂。</blockquote></p><p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/2e40e27ca9a23d7792ea22b48cc4ae60\" tg-width=\"2000\" tg-height=\"1180\" referrerpolicy=\"no-referrer\"/><span>IMAGE SOURCE: GETTY IMAGES.</span></p><p><blockquote><p class=\"t-img-caption\"><span>图片来源：盖蒂图片社。</span></p></blockquote></p><p><b>Disney</b></p><p><blockquote><b>迪士尼</b></blockquote></p><p>Last year was weird -- to say the least -- for Disney shareholders. A lot of its businesses returned to life. The original Disneyland resort unlocked its turnstiles after being closed for more than a year. Its cruise ships began sailing again. Disney even began sending movies to the local multiplex again, and its Marvel franchises delivered the industry&#39;s four highest-grossing movies of 2021 in this country.</p><p><blockquote>至少可以说，去年对于迪士尼股东来说很奇怪。它的许多企业都恢复了生机。最初的迪士尼乐园度假区在关闭一年多后解锁了十字转门。它的游轮又开始航行了。迪士尼甚至开始再次向当地的多厅影院发送电影，其漫威特许经营权在这个国家交付了该行业2021年票房最高的四部电影。</blockquote></p><p>It wasn&#39;t enough, though. Disney still wound up being the worst-performing stock in the Dow 30.</p><p><blockquote>然而，这还不够。迪士尼最终仍然是道琼斯 30 指数中表现最差的股票。</blockquote></p><p>It gets its best chance to turn things around this week when it reports results for its fiscal first quarter of 2022 on Wednesday afternoon. There are a lot of moving parts to Disney, and analysts have been tweaking their estimates lower lately.</p><p><blockquote>当周三下午公布 2022 财年第一季度业绩时，该公司将在本周获得扭转局面的最佳机会。迪士尼有很多移动部件，分析师最近一直在下调他们的估计。</blockquote></p><p>It&#39;s not a good sign, but the stock seems to be moving more on how Disney+ subscriber counts played out rather than trailing financial results. If Disney can offer an upbeat view of the near future, it can reverse the pessimism that finds the stock already trading lower again in 2022.</p><p><blockquote>这不是一个好兆头，但该股似乎更多地取决于 Disney+ 用户数量的变化，而不是追踪财务业绩。如果迪士尼能够对不久的将来提供乐观的前景，它就可以扭转该股在 2022 年再次走低的悲观情绪。</blockquote></p><p><b>Zillow Group</b></p><p><blockquote><b>Zillow集团</b></blockquote></p><p>Is opportunity knocking on Zillow Group? Shares of the leading online real estate portal have fallen sharply since announcing that it would be winding down its home-flipping business. The move will find Zillow returning to its roots of helping real estate pros generate leads of potential property buyers or renters, while also generating home seekers with tools to find their next places to live.</p><p><blockquote>Zillow集团有机会吗？自宣布将关闭其房屋翻转业务以来，这家领先的在线房地产门户网站的股价大幅下跌。此举将使 Zillow 回归其帮助房地产专业人士挖掘潜在房产买家或租房者的根源，同时也为购房者提供工具，帮助他们找到下一个居住地。</blockquote></p><p>The core Zillow business isn&#39;t too shabby. It attracts 227 million monthly unique visitors to its websites and apps, and this is a growing and profitable business. Unlike the company&#39;s home-flipping business, which was losing money and lumpy in terms of generating chunky low-margin revenue, the balance of its operations still managed to grow revenue by 37% through the first three quarters of last year.</p><p><blockquote>Zillow的核心业务并不太寒酸。它的网站和应用程序每月吸引2.27亿独立访问者，这是一项不断增长且有利可图的业务。与该公司的房屋翻转业务亏损且在产生巨额低利润收入方面不稳定不同，其业务余额在去年前三个季度仍然实现了 37% 的收入增长。</blockquote></p><p>We&#39;ll get the final quarter in the books when it steps up shortly after Thursday&#39;s market close. Investors have had three months to get over the end of Zillow Offers. They may like what Zillow Group can do in the new normal after this-week&#39;s financial update.</p><p><blockquote>周四收盘后不久，我们将了解最后一个季度的情况。投资者有三个月的时间来克服 Zillow 报价的结束。他们可能会喜欢 Zillow Group 在本周财务更新后在新常态下可以做的事情。</blockquote></p><p><b>Peloton</b></p><p><blockquote><b>排队</b></blockquote></p><p>It&#39;s fair to say that Peloton has made quite the entrance this new trading week. The stock is soaring after a <i>Wall Street Journal</i> report -- surfacing after the close of trading last week -- claiming that <b>Amazon.com</b> is among the potential suitors exploring a purchase of the premium home-fitness specialist.</p><p><blockquote>公平地说，Peloton 在这个新的交易周取得了不错的成绩。该股在一段时间后飙升<i>华尔街日报</i>上周交易结束后浮出水面的报告声称<b>亚马逊</b>是探索购买优质家庭健身专家的潜在追求者之一。</blockquote></p><p>There are some serious growing pains at Peloton, but seeing the market cap of the well-established high-end brand drop from more than $50 billion to $8.1 billion by the end of last week was apparently a dinner bell. There&#39;s no guarantee that Amazon or anyone else will make an offer for Peloton, and the company itself isn&#39;t officially up for sale.</p><p><blockquote>Peloton 面临着一些严重的成长烦恼，但看到这个老牌高端品牌的市值在上周末从 500 多亿美元下降到 81 亿美元，显然是一个晚餐钟。不能保证亚马逊或其他任何人会对 Peloton 提出报价，而且该公司本身也没有正式出售。</blockquote></p><p>However, it&#39;s easy to see how a well-heeled brand like Peloton could thrive under the right tech giant, especially one like Amazon that&#39;s already making inroads into health and connected fitness. It would love the chance to make an upmarket play at a discount.</p><p><blockquote>然而，很容易看出像Peloton这样的富裕品牌如何在合适的科技巨头的领导下蓬勃发展，尤其是像亚马逊这样已经在健康和互联健身领域取得进展的公司。它希望有机会以折扣价进行高端游戏。</blockquote></p><p>The chatter will inevitably subside without tangible reports of advancing takeover talks, and that brings us to Tuesday,when Peloton will report its fiscal second-quarter results. Growth has hit the wall at Peloton. It previously reported back-to-back quarters of sequential declines in revenue and total workouts.</p><p><blockquote>如果没有推进收购谈判的切实报道，这种传闻将不可避免地平息，这就把我们带到了周二，届时 Peloton 将公布其第二财季业绩。Peloton 的增长已经碰壁。该公司此前报告称，收入和总锻炼量连续几个季度连续下降。</blockquote></p><p>However, it did already announce that it had 2.77 million connected fitness subscribers by the end of December, up respectably from the 2.5 million it was working out three months earlier. The $1.14 billion in revenue that it pre-announced was in line with earlier expectations, as well as a sequential and year-over-year increase.</p><p><blockquote>然而，它已经宣布，截至 12 月底，它拥有 277 万联网健身订户，比三个月前的 250 万大幅增长。此前公布的11.4亿美元收入符合此前预期，且环比和同比增长。</blockquote></p><p></p><p>There&#39;s a lot that needs fixing at Peloton. The brand has taken a few reputational hits after a treadmill recall last year and then playing unflattering health-altering roles in a pair of TV shows. Peloton will also address on Tuesday how it will cut costs in the near future, a break from its previously ambitious expansion plans.</p><p><blockquote>Peloton有很多需要解决的地方。该品牌在去年召回跑步机后遭受了一些声誉打击，然后在两部电视节目中扮演了不讨人喜欢的改变健康的角色。Peloton 还将于周二讨论如何在不久的将来削减成本，打破其之前雄心勃勃的扩张计划。</blockquote></p><p>With a lot of the bad news likely already discounted, Peloton is positioned well to have a strong week with even a decent earnings report. The buyout buzz is just the cherry on top.</p><p><blockquote>由于许多坏消息可能已经被打折，Peloton 有能力度过强劲的一周，甚至还有一份不错的收益报告。收购热潮只是锦上添花。</blockquote></p><p></body></html></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>3 Stocks That Could Blow the Market Away This Week<blockquote>本周可能引爆市场的 3 只股票</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n3 Stocks That Could Blow the Market Away This Week<blockquote>本周可能引爆市场的 3 只股票</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Motley Fool</strong><span class=\"h-time small\">2022-02-08 09:11</span>\n</p>\n</h4>\n</header>\n<article>\n<p><html><head></head><body><b>Key Points</b></p><p><blockquote><html><head></head><body><b>要点</b></body></html></blockquote></p><p><ul><li>Disney, Zillow, and Peloton are all reporting financial results this week.</li><li>All three stocks declined in 2021, and a lot is riding on the latest reports.</li><li>With depressed prices for all three, a lot of the negativity could already be priced into the shares.</li></ul>Hundreds of companies are reporting earnings this week, and a lot of them will be on the move. This is also a great opportunity for some of the names that have fallen out of favor to prove themselves worthy of second chances.</p><p><blockquote><ul><li>迪士尼、Zillow 和 Peloton 本周都将公布财务业绩。</li><li>这三只股票在 2021 年全部下跌，而且很大程度上取决于最新报告。</li><li>由于这三种股票的价格都低迷，许多负面影响可能已经反映在股票中。</li></ul>数百家公司本周将公布财报，其中许多公司将会采取行动。对于一些失宠的名字来说，这也是一个证明自己值得第二次机会的好机会。</blockquote></p><p><b>Disney</b> (NYSE:DIS), <b>Zillow</b> (NASDAQ:ZG)(NASDAQ:Z), and <b>Peloton Interactive</b> (NASDAQ:PTON) all closed lower last year and are reporting quarterly results this week. Let&#39;s take a closer look at them for potential catalysts to turn things around.</p><p><blockquote><b>迪士尼</b>（纽约证券交易所代码：DIS），<b>齐洛</b>（纳斯达克代码：ZG）（纳斯达克代码：Z），以及<b>Peloton互动</b>（纳斯达克股票代码：PTON）去年均收低，本周将公布季度业绩。让我们仔细看看它们，寻找扭转局面的潜在催化剂。</blockquote></p><p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/2e40e27ca9a23d7792ea22b48cc4ae60\" tg-width=\"2000\" tg-height=\"1180\" referrerpolicy=\"no-referrer\"/><span>IMAGE SOURCE: GETTY IMAGES.</span></p><p><blockquote><p class=\"t-img-caption\"><span>图片来源：盖蒂图片社。</span></p></blockquote></p><p><b>Disney</b></p><p><blockquote><b>迪士尼</b></blockquote></p><p>Last year was weird -- to say the least -- for Disney shareholders. A lot of its businesses returned to life. The original Disneyland resort unlocked its turnstiles after being closed for more than a year. Its cruise ships began sailing again. Disney even began sending movies to the local multiplex again, and its Marvel franchises delivered the industry&#39;s four highest-grossing movies of 2021 in this country.</p><p><blockquote>至少可以说，去年对于迪士尼股东来说很奇怪。它的许多企业都恢复了生机。最初的迪士尼乐园度假区在关闭一年多后解锁了十字转门。它的游轮又开始航行了。迪士尼甚至开始再次向当地的多厅影院发送电影，其漫威特许经营权在这个国家交付了该行业2021年票房最高的四部电影。</blockquote></p><p>It wasn&#39;t enough, though. Disney still wound up being the worst-performing stock in the Dow 30.</p><p><blockquote>然而，这还不够。迪士尼最终仍然是道琼斯 30 指数中表现最差的股票。</blockquote></p><p>It gets its best chance to turn things around this week when it reports results for its fiscal first quarter of 2022 on Wednesday afternoon. There are a lot of moving parts to Disney, and analysts have been tweaking their estimates lower lately.</p><p><blockquote>当周三下午公布 2022 财年第一季度业绩时，该公司将在本周获得扭转局面的最佳机会。迪士尼有很多移动部件，分析师最近一直在下调他们的估计。</blockquote></p><p>It&#39;s not a good sign, but the stock seems to be moving more on how Disney+ subscriber counts played out rather than trailing financial results. If Disney can offer an upbeat view of the near future, it can reverse the pessimism that finds the stock already trading lower again in 2022.</p><p><blockquote>这不是一个好兆头，但该股似乎更多地取决于 Disney+ 用户数量的变化，而不是追踪财务业绩。如果迪士尼能够对不久的将来提供乐观的前景，它就可以扭转该股在 2022 年再次走低的悲观情绪。</blockquote></p><p><b>Zillow Group</b></p><p><blockquote><b>Zillow集团</b></blockquote></p><p>Is opportunity knocking on Zillow Group? Shares of the leading online real estate portal have fallen sharply since announcing that it would be winding down its home-flipping business. The move will find Zillow returning to its roots of helping real estate pros generate leads of potential property buyers or renters, while also generating home seekers with tools to find their next places to live.</p><p><blockquote>Zillow集团有机会吗？自宣布将关闭其房屋翻转业务以来，这家领先的在线房地产门户网站的股价大幅下跌。此举将使 Zillow 回归其帮助房地产专业人士挖掘潜在房产买家或租房者的根源，同时也为购房者提供工具，帮助他们找到下一个居住地。</blockquote></p><p>The core Zillow business isn&#39;t too shabby. It attracts 227 million monthly unique visitors to its websites and apps, and this is a growing and profitable business. Unlike the company&#39;s home-flipping business, which was losing money and lumpy in terms of generating chunky low-margin revenue, the balance of its operations still managed to grow revenue by 37% through the first three quarters of last year.</p><p><blockquote>Zillow的核心业务并不太寒酸。它的网站和应用程序每月吸引2.27亿独立访问者，这是一项不断增长且有利可图的业务。与该公司的房屋翻转业务亏损且在产生巨额低利润收入方面不稳定不同，其业务余额在去年前三个季度仍然实现了 37% 的收入增长。</blockquote></p><p>We&#39;ll get the final quarter in the books when it steps up shortly after Thursday&#39;s market close. Investors have had three months to get over the end of Zillow Offers. They may like what Zillow Group can do in the new normal after this-week&#39;s financial update.</p><p><blockquote>周四收盘后不久，我们将了解最后一个季度的情况。投资者有三个月的时间来克服 Zillow 报价的结束。他们可能会喜欢 Zillow Group 在本周财务更新后在新常态下可以做的事情。</blockquote></p><p><b>Peloton</b></p><p><blockquote><b>排队</b></blockquote></p><p>It&#39;s fair to say that Peloton has made quite the entrance this new trading week. The stock is soaring after a <i>Wall Street Journal</i> report -- surfacing after the close of trading last week -- claiming that <b>Amazon.com</b> is among the potential suitors exploring a purchase of the premium home-fitness specialist.</p><p><blockquote>公平地说，Peloton 在这个新的交易周取得了不错的成绩。该股在一段时间后飙升<i>华尔街日报</i>上周交易结束后浮出水面的报告声称<b>亚马逊</b>是探索购买优质家庭健身专家的潜在追求者之一。</blockquote></p><p>There are some serious growing pains at Peloton, but seeing the market cap of the well-established high-end brand drop from more than $50 billion to $8.1 billion by the end of last week was apparently a dinner bell. There&#39;s no guarantee that Amazon or anyone else will make an offer for Peloton, and the company itself isn&#39;t officially up for sale.</p><p><blockquote>Peloton 面临着一些严重的成长烦恼，但看到这个老牌高端品牌的市值在上周末从 500 多亿美元下降到 81 亿美元，显然是一个晚餐钟。不能保证亚马逊或其他任何人会对 Peloton 提出报价，而且该公司本身也没有正式出售。</blockquote></p><p>However, it&#39;s easy to see how a well-heeled brand like Peloton could thrive under the right tech giant, especially one like Amazon that&#39;s already making inroads into health and connected fitness. It would love the chance to make an upmarket play at a discount.</p><p><blockquote>然而，很容易看出像Peloton这样的富裕品牌如何在合适的科技巨头的领导下蓬勃发展，尤其是像亚马逊这样已经在健康和互联健身领域取得进展的公司。它希望有机会以折扣价进行高端游戏。</blockquote></p><p>The chatter will inevitably subside without tangible reports of advancing takeover talks, and that brings us to Tuesday,when Peloton will report its fiscal second-quarter results. Growth has hit the wall at Peloton. It previously reported back-to-back quarters of sequential declines in revenue and total workouts.</p><p><blockquote>如果没有推进收购谈判的切实报道，这种传闻将不可避免地平息，这就把我们带到了周二，届时 Peloton 将公布其第二财季业绩。Peloton 的增长已经碰壁。该公司此前报告称，收入和总锻炼量连续几个季度连续下降。</blockquote></p><p>However, it did already announce that it had 2.77 million connected fitness subscribers by the end of December, up respectably from the 2.5 million it was working out three months earlier. The $1.14 billion in revenue that it pre-announced was in line with earlier expectations, as well as a sequential and year-over-year increase.</p><p><blockquote>然而，它已经宣布，截至 12 月底，它拥有 277 万联网健身订户，比三个月前的 250 万大幅增长。此前公布的11.4亿美元收入符合此前预期，且环比和同比增长。</blockquote></p><p></p><p>There&#39;s a lot that needs fixing at Peloton. The brand has taken a few reputational hits after a treadmill recall last year and then playing unflattering health-altering roles in a pair of TV shows. Peloton will also address on Tuesday how it will cut costs in the near future, a break from its previously ambitious expansion plans.</p><p><blockquote>Peloton有很多需要解决的地方。该品牌在去年召回跑步机后遭受了一些声誉打击，然后在两部电视节目中扮演了不讨人喜欢的改变健康的角色。Peloton 还将于周二讨论如何在不久的将来削减成本，打破其之前雄心勃勃的扩张计划。</blockquote></p><p>With a lot of the bad news likely already discounted, Peloton is positioned well to have a strong week with even a decent earnings report. The buyout buzz is just the cherry on top.</p><p><blockquote>由于许多坏消息可能已经被打折，Peloton 有能力度过强劲的一周，甚至还有一份不错的收益报告。收购热潮只是锦上添花。</blockquote></p><p></body></html></p><p><blockquote></blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.fool.com/investing/2022/02/07/3-stocks-that-could-blow-the-market-away-this-week/\">Motley Fool</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"DIS":"迪士尼","Z":"Zillow","ZG":"Zillow Class A","PTON":"Peloton Interactive, Inc."},"source_url":"https://www.fool.com/investing/2022/02/07/3-stocks-that-could-blow-the-market-away-this-week/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1100003270","content_text":"Key PointsDisney, Zillow, and Peloton are all reporting financial results this week.All three stocks declined in 2021, and a lot is riding on the latest reports.With depressed prices for all three, a lot of the negativity could already be priced into the shares.Hundreds of companies are reporting earnings this week, and a lot of them will be on the move. This is also a great opportunity for some of the names that have fallen out of favor to prove themselves worthy of second chances.Disney (NYSE:DIS), Zillow (NASDAQ:ZG)(NASDAQ:Z), and Peloton Interactive (NASDAQ:PTON) all closed lower last year and are reporting quarterly results this week. Let's take a closer look at them for potential catalysts to turn things around.IMAGE SOURCE: GETTY IMAGES.DisneyLast year was weird -- to say the least -- for Disney shareholders. A lot of its businesses returned to life. The original Disneyland resort unlocked its turnstiles after being closed for more than a year. Its cruise ships began sailing again. Disney even began sending movies to the local multiplex again, and its Marvel franchises delivered the industry's four highest-grossing movies of 2021 in this country.It wasn't enough, though. Disney still wound up being the worst-performing stock in the Dow 30.It gets its best chance to turn things around this week when it reports results for its fiscal first quarter of 2022 on Wednesday afternoon. There are a lot of moving parts to Disney, and analysts have been tweaking their estimates lower lately.It's not a good sign, but the stock seems to be moving more on how Disney+ subscriber counts played out rather than trailing financial results. If Disney can offer an upbeat view of the near future, it can reverse the pessimism that finds the stock already trading lower again in 2022.Zillow GroupIs opportunity knocking on Zillow Group? Shares of the leading online real estate portal have fallen sharply since announcing that it would be winding down its home-flipping business. The move will find Zillow returning to its roots of helping real estate pros generate leads of potential property buyers or renters, while also generating home seekers with tools to find their next places to live.The core Zillow business isn't too shabby. It attracts 227 million monthly unique visitors to its websites and apps, and this is a growing and profitable business. Unlike the company's home-flipping business, which was losing money and lumpy in terms of generating chunky low-margin revenue, the balance of its operations still managed to grow revenue by 37% through the first three quarters of last year.We'll get the final quarter in the books when it steps up shortly after Thursday's market close. Investors have had three months to get over the end of Zillow Offers. They may like what Zillow Group can do in the new normal after this-week's financial update.PelotonIt's fair to say that Peloton has made quite the entrance this new trading week. The stock is soaring after a Wall Street Journal report -- surfacing after the close of trading last week -- claiming that Amazon.com is among the potential suitors exploring a purchase of the premium home-fitness specialist.There are some serious growing pains at Peloton, but seeing the market cap of the well-established high-end brand drop from more than $50 billion to $8.1 billion by the end of last week was apparently a dinner bell. There's no guarantee that Amazon or anyone else will make an offer for Peloton, and the company itself isn't officially up for sale.However, it's easy to see how a well-heeled brand like Peloton could thrive under the right tech giant, especially one like Amazon that's already making inroads into health and connected fitness. It would love the chance to make an upmarket play at a discount.The chatter will inevitably subside without tangible reports of advancing takeover talks, and that brings us to Tuesday,when Peloton will report its fiscal second-quarter results. Growth has hit the wall at Peloton. It previously reported back-to-back quarters of sequential declines in revenue and total workouts.However, it did already announce that it had 2.77 million connected fitness subscribers by the end of December, up respectably from the 2.5 million it was working out three months earlier. The $1.14 billion in revenue that it pre-announced was in line with earlier expectations, as well as a sequential and year-over-year increase.There's a lot that needs fixing at Peloton. The brand has taken a few reputational hits after a treadmill recall last year and then playing unflattering health-altering roles in a pair of TV shows. Peloton will also address on Tuesday how it will cut costs in the near future, a break from its previously ambitious expansion plans.With a lot of the bad news likely already discounted, Peloton is positioned well to have a strong week with even a decent earnings report. The buyout buzz is just the cherry on top.","news_type":1,"symbols_score_info":{"ZG":0.9,"PTON":0.9,"DIS":0.9,"Z":0.9}},"isVote":1,"tweetType":1,"viewCount":3997,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":633255889,"gmtCreate":1644172481562,"gmtModify":1644172481863,"author":{"id":"3586255748151463","authorId":"3586255748151463","name":"indietro_","avatar":"https://static.tigerbbs.com/caebb6c2a70cbd2db563a3808f3d7b22","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3586255748151463","authorIdStr":"3586255748151463"},"themes":[],"title":"","htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/633255889","repostId":"1123525144","repostType":4,"isVote":1,"tweetType":1,"viewCount":1312,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":633655374,"gmtCreate":1644030939304,"gmtModify":1644030939643,"author":{"id":"3586255748151463","authorId":"3586255748151463","name":"indietro_","avatar":"https://static.tigerbbs.com/caebb6c2a70cbd2db563a3808f3d7b22","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3586255748151463","authorIdStr":"3586255748151463"},"themes":[],"title":"","htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/633655374","repostId":"2209346488","repostType":4,"isVote":1,"tweetType":1,"viewCount":1275,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":633699899,"gmtCreate":1643979197107,"gmtModify":1643979197391,"author":{"id":"3586255748151463","authorId":"3586255748151463","name":"indietro_","avatar":"https://static.tigerbbs.com/caebb6c2a70cbd2db563a3808f3d7b22","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3586255748151463","authorIdStr":"3586255748151463"},"themes":[],"title":"","htmlText":"ㅋ","listText":"ㅋ","text":"ㅋ","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/633699899","repostId":"2208873391","repostType":4,"isVote":1,"tweetType":1,"viewCount":1822,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":633125993,"gmtCreate":1643875989113,"gmtModify":1643875989395,"author":{"id":"3586255748151463","authorId":"3586255748151463","name":"indietro_","avatar":"https://static.tigerbbs.com/caebb6c2a70cbd2db563a3808f3d7b22","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3586255748151463","authorIdStr":"3586255748151463"},"themes":[],"title":"","htmlText":"Like pls&nbsp;","listText":"Like pls&nbsp;","text":"Like pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/633125993","repostId":"1168755249","repostType":4,"repost":{"id":"1168755249","kind":"news","pubTimestamp":1643873917,"share":"https://www.laohunote.com/m/news/1168755249?lang=zh_CN&edition=full","pubTime":"2022-02-03 15:38","market":"us","language":"en","title":"Cathie Wood Loads Up More Shares In Tesla And This Rival Chinese EV Maker On Wednesday<blockquote>Cathie Wood 周三增持特斯拉及其竞争对手中国电动汽车制造商的更多股票</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1168755249","media":"Benzinga","summary":"Cathie Wood-ledArk Investment Managementon Wednesday further raised its electric vehicle exposure as it bought shares inTesla Incand the U.S. listed Chinese electric vehicle makerXpeng Incon the dip.T","content":"<p><div> Cathie Wood-led Ark Investment Management on Wednesday further raised its electric vehicle exposure as it bought shares inTesla Inc and the U.S. listed Chinese electric vehicle maker Xpeng Inc on the ...</p><p><blockquote><div>凯西·伍德 (Cathie Wood) 领导的方舟投资管理公司 (Ark Investment Management) 周三进一步提高了其电动汽车敞口，购买了英特斯拉公司 (inTesla Inc.) 和在美国上市的中国电动汽车制造商小鹏汽车公司 (Xpeng Inc.) 的股票。</div></blockquote></p><p>  <a href=\"https://www.benzinga.com/trading-ideas/long-ideas/22/02/25386452/cathie-wood-loads-up-more-shares-in-tesla-and-this-rival-chinese-ev-maker-on-wednesday\">网页链接</a>  </div> </p><p><blockquote><a href=\"https://www.benzinga.com/trading-ideas/long-ideas/22/02/25386452/cathie-wood-loads-up-more-shares-in-tesla-and-this-rival-chinese-ev-maker-on-wednesday\">网页连接</a></blockquote></p><p></p>","source":"lsy1606299360108","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Cathie Wood Loads Up More Shares In Tesla And This Rival Chinese EV Maker On Wednesday<blockquote>Cathie Wood 周三增持特斯拉及其竞争对手中国电动汽车制造商的更多股票</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCathie Wood Loads Up More Shares In Tesla And This Rival Chinese EV Maker On Wednesday<blockquote>Cathie Wood 周三增持特斯拉及其竞争对手中国电动汽车制造商的更多股票</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Benzinga</strong><span class=\"h-time small\">2022-02-03 15:38</span>\n</p>\n</h4>\n</header>\n<article>\n<p><div> Cathie Wood-led Ark Investment Management on Wednesday further raised its electric vehicle exposure as it bought shares inTesla Inc and the U.S. listed Chinese electric vehicle maker Xpeng Inc on the ...</p><p><blockquote><div>凯西·伍德 (Cathie Wood) 领导的方舟投资管理公司 (Ark Investment Management) 周三进一步提高了其电动汽车敞口，购买了英特斯拉公司 (inTesla Inc.) 和在美国上市的中国电动汽车制造商小鹏汽车公司 (Xpeng Inc.) 的股票。</div></blockquote></p><p>  <a href=\"https://www.benzinga.com/trading-ideas/long-ideas/22/02/25386452/cathie-wood-loads-up-more-shares-in-tesla-and-this-rival-chinese-ev-maker-on-wednesday\">网页链接</a>  </div> </p><p><blockquote><a href=\"https://www.benzinga.com/trading-ideas/long-ideas/22/02/25386452/cathie-wood-loads-up-more-shares-in-tesla-and-this-rival-chinese-ev-maker-on-wednesday\">网页连接</a></blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.benzinga.com/trading-ideas/long-ideas/22/02/25386452/cathie-wood-loads-up-more-shares-in-tesla-and-this-rival-chinese-ev-maker-on-wednesday\">Benzinga</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"XPEV":"小鹏集团","TSLA":"特斯拉","NIO":"蔚来"},"source_url":"https://www.benzinga.com/trading-ideas/long-ideas/22/02/25386452/cathie-wood-loads-up-more-shares-in-tesla-and-this-rival-chinese-ev-maker-on-wednesday","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1168755249","content_text":"Cathie Wood-led Ark Investment Management on Wednesday further raised its electric vehicle exposure as it bought shares inTesla Inc and the U.S. listed Chinese electric vehicle maker Xpeng Inc on the dip.The popular stock picker bought 1,931 shares — estimated to be worth $1.74 million— in the Elon Musk-led company’s stock.Tesla stock closed 2.75% lower at $905.66 a share on Wednesday. The stock is down 24.5% year-to-date.Ark Invest sold shares in Tesla via the Ark Innovation ETF. Two other ETFs — the Ark Next Generation Internet ETF and the Ark Autonomous Technology & Robotics ETF own shares as well.The three ETFs held 1.54 million shares — worth $1.44 billion — in Tesla, prior to Wednesday’s trade.Tesla lawyers on Tuesday told a federal courtthat Musk’s 2018 tweet claiming that he was considering taking the company private at $420 a share was “entirely truthful,” and that he had secured support from Saudi Arabia’s sovereign wealth fund for the action.Tesla shares have been under pressure since last week after Musk told investors that the electric vehicle maker is currently not making a $25,000 electric car.Musk said Tesla does not plan to produce new model vehicles this year and that it is more important to develop the humanoid robot and focus on autopilot, or the full self driving.The lowered price has pushed Wood to resume buying shares in Tesla after months of profit booking in the stock.Ark Invest also lifted up its exposure, buying 32,492 shares — estimated to be worth $1.16 million — in the Guangzhou, China-based Xpeng. The money managing firm has been buying shares in Xpeng via ARKQ.Xpeng shares closed 1.65% lower at $35.8 a share. The stock is down 29% year-to-date.Xpeng said on Tuesday it delivered 12,922 electric vehicles in January, a fall of 19% over December and a jump of 114% over January 2021. The delivery numbers were higher than those of local rivals including Nio Inc and Li Auto Inc Alerts.","news_type":1,"symbols_score_info":{"XPEV":0.9,"NIO":0.9,"TSLA":0.9}},"isVote":1,"tweetType":1,"viewCount":1135,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":633981352,"gmtCreate":1643674198409,"gmtModify":1643674198756,"author":{"id":"3586255748151463","authorId":"3586255748151463","name":"indietro_","avatar":"https://static.tigerbbs.com/caebb6c2a70cbd2db563a3808f3d7b22","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3586255748151463","authorIdStr":"3586255748151463"},"themes":[],"title":"","htmlText":"Like pls&nbsp;","listText":"Like pls&nbsp;","text":"Like pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/633981352","repostId":"2208433305","repostType":2,"isVote":1,"tweetType":1,"viewCount":1465,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":639512663,"gmtCreate":1643346019427,"gmtModify":1643346098489,"author":{"id":"3586255748151463","authorId":"3586255748151463","name":"indietro_","avatar":"https://static.tigerbbs.com/caebb6c2a70cbd2db563a3808f3d7b22","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3586255748151463","authorIdStr":"3586255748151463"},"themes":[],"title":"","htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/639512663","repostId":"2206412188","repostType":4,"isVote":1,"tweetType":1,"viewCount":1311,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":639819992,"gmtCreate":1643245724955,"gmtModify":1643245725240,"author":{"id":"3586255748151463","authorId":"3586255748151463","name":"indietro_","avatar":"https://static.tigerbbs.com/caebb6c2a70cbd2db563a3808f3d7b22","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3586255748151463","authorIdStr":"3586255748151463"},"themes":[],"title":"","htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/639819992","repostId":"2206589977","repostType":4,"isVote":1,"tweetType":1,"viewCount":1207,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":639137208,"gmtCreate":1643196035450,"gmtModify":1643196119638,"author":{"id":"3586255748151463","authorId":"3586255748151463","name":"indietro_","avatar":"https://static.tigerbbs.com/caebb6c2a70cbd2db563a3808f3d7b22","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3586255748151463","authorIdStr":"3586255748151463"},"themes":[],"title":"","htmlText":"Like 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/639137208","repostId":"1107872846","repostType":4,"repost":{"id":"1107872846","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":1643190439,"share":"https://www.laohunote.com/m/news/1107872846?lang=zh_CN&edition=full","pubTime":"2022-01-26 17:47","market":"us","language":"en","title":"FOMC Preview：Fed Not Expected to Raise Interest Rates This Week<blockquote>FOMC预览：预计美联储本周不会加息</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1107872846","media":"Tiger Newspress","summary":"All eyes are currently on the Fed, which is releasing its monetary policy decision Wednesday. Market","content":"<p><html><head></head><body>All eyes are currently on the Fed, which is releasing its monetary policy decision Wednesday. Markets are anticipating several interest rate increases this year, but will be hanging on the words of Fed Chair Jerome Powell to see just how many.</p><p><blockquote><html><head></head><body>目前所有人的目光都集中在美联储身上，美联储将于周三发布货币政策决定。市场预计今年将多次加息，但将等待美联储主席杰罗姆·鲍威尔的言论，看看到底会加息多少次。</body></html></blockquote></p><p>The FOMC decision is due at 2 p.m. ET on Wednesday, followed by Powell’s press conference at 2:30 p.m. ET.</p><p><blockquote>FOMC 将于美国东部时间周三下午 2 点做出决定，随后鲍威尔将于美国东部时间下午 2:30 召开新闻发布会。</blockquote></p><p><b>Anticipation:</b></p><p><blockquote><b>预期：</b></blockquote></p><p>Anticipation over a pullback in Federal Reserve stimulus has markets rolling, setting the stage for what could be a pivotal central bank policy-setting meeting this week.</p><p><blockquote>对美联储退出刺激措施的预期推动市场波动，为本周可能召开的关键央行政策制定会议奠定了基础。</blockquote></p><p>Although the Fed has signaled it will very likely raise rates multiple times this year, the first post-COVID rate increase is not expected this week. Instead, the policy-setting Federal Open Market Committee will likely tease higher rates coming in its March meeting.</p><p><blockquote>尽管美联储已表示今年很可能多次加息，但预计本周不会出现新冠疫情后的首次加息。相反，制定政策的联邦公开市场委员会可能会在三月份的会议上调侃加息。</blockquote></p><p>“It really is time for us to begin to move away from those emergency pandemic settings to a more normal level,” Fed Chairman Jerome Powell told Congress two weeks ago, adding that “2022 will be the year in which we take steps toward normalization.”</p><p><blockquote>“美联储主席杰罗姆-鲍威尔（Jerome Powell）两周前对国会说：”现在确实是我们开始摆脱那些紧急大流行病环境，达到更正常水平的时候了，”他补充说，“2022 年将是我们迈向正常化的一年”。</blockquote></p><p>Moving away from those settings would involve raising the federal funds rate, the benchmark for short-term borrowing costs that the Federal Open Market Committee sets every six weeks. That rate has been set at near zero since the depths of the pandemic.</p><p><blockquote>摆脱这些环境将涉及提高联邦基金利率，这是联邦公开市场委员会每六周制定一次的短期借贷成本基准。自疫情爆发以来，这一比率一直接近于零。</blockquote></p><p>Raising those rates, also referred to as “tightening policy,” could dampen the rapid pace of inflation felt by Americans across the board.</p><p><blockquote>提高这些利率（也称为 “紧缩政策”）可能会全面抑制美国人感受到的快速通货膨胀。</blockquote></p><p>“March is a live meeting for the first rate hike,” said Fed Governor Christopher Waller in December.</p><p><blockquote>“美联储理事克里斯托弗-沃勒（Christopher Waller）在 12 月表示：”3 月份是首次加息的现场会议。</blockquote></p><p>Directionally, nearly all members of the policy-setting Federal Open Market Committee have suggested they favor using higher rates to bring inflation down (even the more “dovish” officials who have historically pushed back against tighter policy options). But there is considerable uncertainty about how aggressively they would do so.</p><p><blockquote>从方向性来看，制定政策的联邦公开市场委员会几乎所有成员都表示，他们赞成使用更高的利率来降低通胀（即使是历史上一直反对收紧政策选项的 “鸽派 ”官员）。但他们会采取多积极的行动存在相当大的不确定性。</blockquote></p><p>For example, betting markets show the largest probability — about 31% — for four interest rate increases (25 basis points each) by the end of this year. But those same markets are pricing in decent odds of the Fed tightening a little bit slower (three rate hikes: 26% chance) as they are for the Fed tightening a little bit faster (five rate hikes: 20% chance).</p><p><blockquote>例如，博彩市场显示，到今年年底，四次加息（每次25个基点）的概率最大，约为31%。但这些市场对美联储紧缩速度稍慢（三次加息：26% 的可能性）的定价，与美联储紧缩速度稍快（五次加息：20% 的可能性）的定价一样。</blockquote></p><p>Either way, the Fed is making it clear that come the March meeting, FOMC decision days that follow are all fair game for more tightening.</p><p><blockquote>无论哪种方式，美联储都明确表示，在 3 月份会议召开后，接下来的 FOMC 决策日都是进一步紧缩的公平游戏。</blockquote></p><p><b>Market Views:</b></p><p><blockquote><b>市场观点：</b></blockquote></p><p>“We see a risk that the FOMC will want to take some tightening action at every meeting until that picture changes,” Goldman Sachs analysts wrote on Friday.</p><p><blockquote>“高盛分析师周五写道：”我们认为，在这种情况发生变化之前，联邦公开市场委员会可能希望在每次会议上采取一些紧缩行动。</blockquote></p><p>With prices rising at a pace not seen in nearly 40 years, the Fed may have opted to raise rates this week if it were not for one reason: its $9 trillion balance sheet.</p><p><blockquote>随着物价以近 40 年来未见的速度上涨，如果不是因为一个原因：其 9 万亿美元的资产负债表，美联储可能会选择本周加息。</blockquote></p><p>The Fed is still in the process of bringing its pandemic-era policy of growing its massive balance sheet to a full stop. In December, the FOMC charted a course for ending its purchases of U.S. Treasuries and agency mortgage-backed securities (aimed at messaging to markets its intention to keep borrowing costs low) by mid-March.</p><p><blockquote>美联储仍在全面停止大流行时代扩大其庞大资产负债表的政策。去年 12 月，联邦公开市场委员会 (FOMC) 制定了在 3 月中旬之前结束购买美国国债和机构抵押贷款支持证券（旨在向市场传达其保持较低借贷成本的意图）的路线。</blockquote></p><p>Raising interest rates while the Fed is still buying bonds could send mixed messages to markets, which is why Fed officials have made it clear they would not raise interest rates until that process is done.</p><p><blockquote>在美联储仍在购买债券时加息可能会向市场发出混合信息，这就是为什么美联储官员明确表示，在这一过程完成之前，他们不会加息。</blockquote></p><p>As the Fed raises interest rates, the FOMC will then likely turn its attention to actively shrinking its balance sheet — by allowing maturing securities to roll off of its books.</p><p><blockquote>随着美联储加息，联邦公开市场委员会可能会将注意力转向积极缩减资产负债表——允许到期证券从其账簿中滚出。</blockquote></p><p>“We probably will decide to start reducing the balance sheet sooner rather than later,” Chicago Fed President Charles Evans told reporters on Jan. 13.</p><p><blockquote>“芝加哥联储主席查尔斯-埃文斯（Charles Evans）1月13日对记者说：”我们可能会决定尽早开始缩减资产负债表规模。</blockquote></p><p>Doing so could allow the Fed to quell inflation with fewer rate hikes, since shrinking its asset holdings should have the effect of tilting higher longer-term interest rates (which it does not directly control as well as short-term rates).</p><p><blockquote>这样做可以让美联储通过减少加息来平息通胀，因为缩减资产持有量应该会产生推高长期利率的效果（美联储并不直接控制短期利率）。</blockquote></p><p>The conversation over how to handle any balance sheet runoff will likely pick up steam in this week’s meeting.</p><p><blockquote>在本周的会议上，关于如何处理任何资产负债表决选的讨论可能会升温。</blockquote></p><p><b>Market Snapshot</b></p><p><blockquote><b>市场快照</b></blockquote></p><p>At 04:46 a.m. ET, Dow e-minis were up 364 points, or 1.06%, S&amp;P 500 e-minis were up 60.75 points, or 1.40%, and Nasdaq 100 e-minis were up 294.50 points, or 2.08%.</p><p><blockquote>美国东部时间凌晨 04:46，道琼斯电子迷你指数上涨 364 点，涨幅 1.06%，标普500电子迷你指数上涨 60.75 点，涨幅 1.40%，纳斯达克 100 电子迷你指数上涨 294.50 点，涨幅 2.08%。</blockquote></p><p><img src=\"https://static.tigerbbs.com/6daf636636fcead334fc0cd35746e9a2\" tg-width=\"372\" tg-height=\"159\" width=\"100%\" height=\"auto\"/></p><p><blockquote></blockquote></p><p></body></html></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>FOMC Preview：Fed Not Expected to Raise Interest Rates This Week<blockquote>FOMC预览：预计美联储本周不会加息</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; 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color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nFOMC Preview：Fed Not Expected to Raise Interest Rates This Week<blockquote>FOMC预览：预计美联储本周不会加息</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\">2022-01-26 17:47</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p><html><head></head><body>All eyes are currently on the Fed, which is releasing its monetary policy decision Wednesday. Markets are anticipating several interest rate increases this year, but will be hanging on the words of Fed Chair Jerome Powell to see just how many.</p><p><blockquote><html><head></head><body>目前所有人的目光都集中在美联储身上，美联储将于周三发布货币政策决定。市场预计今年将多次加息，但将等待美联储主席杰罗姆·鲍威尔的言论，看看到底会加息多少次。</body></html></blockquote></p><p>The FOMC decision is due at 2 p.m. ET on Wednesday, followed by Powell’s press conference at 2:30 p.m. ET.</p><p><blockquote>FOMC 将于美国东部时间周三下午 2 点做出决定，随后鲍威尔将于美国东部时间下午 2:30 召开新闻发布会。</blockquote></p><p><b>Anticipation:</b></p><p><blockquote><b>预期：</b></blockquote></p><p>Anticipation over a pullback in Federal Reserve stimulus has markets rolling, setting the stage for what could be a pivotal central bank policy-setting meeting this week.</p><p><blockquote>对美联储退出刺激措施的预期推动市场波动，为本周可能召开的关键央行政策制定会议奠定了基础。</blockquote></p><p>Although the Fed has signaled it will very likely raise rates multiple times this year, the first post-COVID rate increase is not expected this week. Instead, the policy-setting Federal Open Market Committee will likely tease higher rates coming in its March meeting.</p><p><blockquote>尽管美联储已表示今年很可能多次加息，但预计本周不会出现新冠疫情后的首次加息。相反，制定政策的联邦公开市场委员会可能会在三月份的会议上调侃加息。</blockquote></p><p>“It really is time for us to begin to move away from those emergency pandemic settings to a more normal level,” Fed Chairman Jerome Powell told Congress two weeks ago, adding that “2022 will be the year in which we take steps toward normalization.”</p><p><blockquote>“美联储主席杰罗姆-鲍威尔（Jerome Powell）两周前对国会说：”现在确实是我们开始摆脱那些紧急大流行病环境，达到更正常水平的时候了，”他补充说，“2022 年将是我们迈向正常化的一年”。</blockquote></p><p>Moving away from those settings would involve raising the federal funds rate, the benchmark for short-term borrowing costs that the Federal Open Market Committee sets every six weeks. That rate has been set at near zero since the depths of the pandemic.</p><p><blockquote>摆脱这些环境将涉及提高联邦基金利率，这是联邦公开市场委员会每六周制定一次的短期借贷成本基准。自疫情爆发以来，这一比率一直接近于零。</blockquote></p><p>Raising those rates, also referred to as “tightening policy,” could dampen the rapid pace of inflation felt by Americans across the board.</p><p><blockquote>提高这些利率（也称为 “紧缩政策”）可能会全面抑制美国人感受到的快速通货膨胀。</blockquote></p><p>“March is a live meeting for the first rate hike,” said Fed Governor Christopher Waller in December.</p><p><blockquote>“美联储理事克里斯托弗-沃勒（Christopher Waller）在 12 月表示：”3 月份是首次加息的现场会议。</blockquote></p><p>Directionally, nearly all members of the policy-setting Federal Open Market Committee have suggested they favor using higher rates to bring inflation down (even the more “dovish” officials who have historically pushed back against tighter policy options). But there is considerable uncertainty about how aggressively they would do so.</p><p><blockquote>从方向性来看，制定政策的联邦公开市场委员会几乎所有成员都表示，他们赞成使用更高的利率来降低通胀（即使是历史上一直反对收紧政策选项的 “鸽派 ”官员）。但他们会采取多积极的行动存在相当大的不确定性。</blockquote></p><p>For example, betting markets show the largest probability — about 31% — for four interest rate increases (25 basis points each) by the end of this year. But those same markets are pricing in decent odds of the Fed tightening a little bit slower (three rate hikes: 26% chance) as they are for the Fed tightening a little bit faster (five rate hikes: 20% chance).</p><p><blockquote>例如，博彩市场显示，到今年年底，四次加息（每次25个基点）的概率最大，约为31%。但这些市场对美联储紧缩速度稍慢（三次加息：26% 的可能性）的定价，与美联储紧缩速度稍快（五次加息：20% 的可能性）的定价一样。</blockquote></p><p>Either way, the Fed is making it clear that come the March meeting, FOMC decision days that follow are all fair game for more tightening.</p><p><blockquote>无论哪种方式，美联储都明确表示，在 3 月份会议召开后，接下来的 FOMC 决策日都是进一步紧缩的公平游戏。</blockquote></p><p><b>Market Views:</b></p><p><blockquote><b>市场观点：</b></blockquote></p><p>“We see a risk that the FOMC will want to take some tightening action at every meeting until that picture changes,” Goldman Sachs analysts wrote on Friday.</p><p><blockquote>“高盛分析师周五写道：”我们认为，在这种情况发生变化之前，联邦公开市场委员会可能希望在每次会议上采取一些紧缩行动。</blockquote></p><p>With prices rising at a pace not seen in nearly 40 years, the Fed may have opted to raise rates this week if it were not for one reason: its $9 trillion balance sheet.</p><p><blockquote>随着物价以近 40 年来未见的速度上涨，如果不是因为一个原因：其 9 万亿美元的资产负债表，美联储可能会选择本周加息。</blockquote></p><p>The Fed is still in the process of bringing its pandemic-era policy of growing its massive balance sheet to a full stop. In December, the FOMC charted a course for ending its purchases of U.S. Treasuries and agency mortgage-backed securities (aimed at messaging to markets its intention to keep borrowing costs low) by mid-March.</p><p><blockquote>美联储仍在全面停止大流行时代扩大其庞大资产负债表的政策。去年 12 月，联邦公开市场委员会 (FOMC) 制定了在 3 月中旬之前结束购买美国国债和机构抵押贷款支持证券（旨在向市场传达其保持较低借贷成本的意图）的路线。</blockquote></p><p>Raising interest rates while the Fed is still buying bonds could send mixed messages to markets, which is why Fed officials have made it clear they would not raise interest rates until that process is done.</p><p><blockquote>在美联储仍在购买债券时加息可能会向市场发出混合信息，这就是为什么美联储官员明确表示，在这一过程完成之前，他们不会加息。</blockquote></p><p>As the Fed raises interest rates, the FOMC will then likely turn its attention to actively shrinking its balance sheet — by allowing maturing securities to roll off of its books.</p><p><blockquote>随着美联储加息，联邦公开市场委员会可能会将注意力转向积极缩减资产负债表——允许到期证券从其账簿中滚出。</blockquote></p><p>“We probably will decide to start reducing the balance sheet sooner rather than later,” Chicago Fed President Charles Evans told reporters on Jan. 13.</p><p><blockquote>“芝加哥联储主席查尔斯-埃文斯（Charles Evans）1月13日对记者说：”我们可能会决定尽早开始缩减资产负债表规模。</blockquote></p><p>Doing so could allow the Fed to quell inflation with fewer rate hikes, since shrinking its asset holdings should have the effect of tilting higher longer-term interest rates (which it does not directly control as well as short-term rates).</p><p><blockquote>这样做可以让美联储通过减少加息来平息通胀，因为缩减资产持有量应该会产生推高长期利率的效果（美联储并不直接控制短期利率）。</blockquote></p><p>The conversation over how to handle any balance sheet runoff will likely pick up steam in this week’s meeting.</p><p><blockquote>在本周的会议上，关于如何处理任何资产负债表决选的讨论可能会升温。</blockquote></p><p><b>Market Snapshot</b></p><p><blockquote><b>市场快照</b></blockquote></p><p>At 04:46 a.m. ET, Dow e-minis were up 364 points, or 1.06%, S&amp;P 500 e-minis were up 60.75 points, or 1.40%, and Nasdaq 100 e-minis were up 294.50 points, or 2.08%.</p><p><blockquote>美国东部时间凌晨 04:46，道琼斯电子迷你指数上涨 364 点，涨幅 1.06%，标普500电子迷你指数上涨 60.75 点，涨幅 1.40%，纳斯达克 100 电子迷你指数上涨 294.50 点，涨幅 2.08%。</blockquote></p><p><img src=\"https://static.tigerbbs.com/6daf636636fcead334fc0cd35746e9a2\" tg-width=\"372\" tg-height=\"159\" width=\"100%\" height=\"auto\"/></p><p><blockquote></blockquote></p><p></body></html></p><p><blockquote></blockquote></p><p></p>\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":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1107872846","content_text":"All eyes are currently on the Fed, which is releasing its monetary policy decision Wednesday. Markets are anticipating several interest rate increases this year, but will be hanging on the words of Fed Chair Jerome Powell to see just how many.The FOMC decision is due at 2 p.m. ET on Wednesday, followed by Powell’s press conference at 2:30 p.m. ET.Anticipation:Anticipation over a pullback in Federal Reserve stimulus has markets rolling, setting the stage for what could be a pivotal central bank policy-setting meeting this week.Although the Fed has signaled it will very likely raise rates multiple times this year, the first post-COVID rate increase is not expected this week. Instead, the policy-setting Federal Open Market Committee will likely tease higher rates coming in its March meeting.“It really is time for us to begin to move away from those emergency pandemic settings to a more normal level,” Fed Chairman Jerome Powell told Congress two weeks ago, adding that “2022 will be the year in which we take steps toward normalization.”Moving away from those settings would involve raising the federal funds rate, the benchmark for short-term borrowing costs that the Federal Open Market Committee sets every six weeks. That rate has been set at near zero since the depths of the pandemic.Raising those rates, also referred to as “tightening policy,” could dampen the rapid pace of inflation felt by Americans across the board.“March is a live meeting for the first rate hike,” said Fed Governor Christopher Waller in December.Directionally, nearly all members of the policy-setting Federal Open Market Committee have suggested they favor using higher rates to bring inflation down (even the more “dovish” officials who have historically pushed back against tighter policy options). But there is considerable uncertainty about how aggressively they would do so.For example, betting markets show the largest probability — about 31% — for four interest rate increases (25 basis points each) by the end of this year. But those same markets are pricing in decent odds of the Fed tightening a little bit slower (three rate hikes: 26% chance) as they are for the Fed tightening a little bit faster (five rate hikes: 20% chance).Either way, the Fed is making it clear that come the March meeting, FOMC decision days that follow are all fair game for more tightening.Market Views:“We see a risk that the FOMC will want to take some tightening action at every meeting until that picture changes,” Goldman Sachs analysts wrote on Friday.With prices rising at a pace not seen in nearly 40 years, the Fed may have opted to raise rates this week if it were not for one reason: its $9 trillion balance sheet.The Fed is still in the process of bringing its pandemic-era policy of growing its massive balance sheet to a full stop. In December, the FOMC charted a course for ending its purchases of U.S. Treasuries and agency mortgage-backed securities (aimed at messaging to markets its intention to keep borrowing costs low) by mid-March.Raising interest rates while the Fed is still buying bonds could send mixed messages to markets, which is why Fed officials have made it clear they would not raise interest rates until that process is done.As the Fed raises interest rates, the FOMC will then likely turn its attention to actively shrinking its balance sheet — by allowing maturing securities to roll off of its books.“We probably will decide to start reducing the balance sheet sooner rather than later,” Chicago Fed President Charles Evans told reporters on Jan. 13.Doing so could allow the Fed to quell inflation with fewer rate hikes, since shrinking its asset holdings should have the effect of tilting higher longer-term interest rates (which it does not directly control as well as short-term rates).The conversation over how to handle any balance sheet runoff will likely pick up steam in this week’s meeting.Market SnapshotAt 04:46 a.m. ET, Dow e-minis were up 364 points, or 1.06%, S&P 500 e-minis were up 60.75 points, or 1.40%, and Nasdaq 100 e-minis were up 294.50 points, or 2.08%.","news_type":1,"symbols_score_info":{".SPX":0.9,".IXIC":0.9,".DJI":0.9}},"isVote":1,"tweetType":1,"viewCount":1486,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":630556076,"gmtCreate":1642996084056,"gmtModify":1642996084354,"author":{"id":"3586255748151463","authorId":"3586255748151463","name":"indietro_","avatar":"https://static.tigerbbs.com/caebb6c2a70cbd2db563a3808f3d7b22","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3586255748151463","authorIdStr":"3586255748151463"},"themes":[],"title":"","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/630556076","repostId":"1106250133","repostType":4,"repost":{"id":"1106250133","kind":"news","pubTimestamp":1642977542,"share":"https://www.laohunote.com/m/news/1106250133?lang=zh_CN&edition=full","pubTime":"2022-01-24 06:39","market":"us","language":"en","title":"Tesla, Intel, Apple, Microsoft, Visa, and Other Stocks to Watch This Week<blockquote>特斯拉、英特尔、苹果、微软、Visa 和本周值得关注的其他股票</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1106250133","media":"Barrons","summary":"It will be a packed week offourth-quarterearnings releases, with more than 100S&P 500companies scheduled to report.IBMandHalliburtonare Monday’s highlights, followed byMicrosoft,Verizon Communications","content":"<p><html><head></head><body>It will be a packed week of fourth-quarter earnings releases, with more than 100 S&amp;P 500 companies scheduled to report. IBM and Halliburton are Monday’s highlights, followed by Microsoft, Verizon Communications, American Express, General Electric, Johnson &amp; Johnson, and Lockheed Martin on Tuesday.</p><p><blockquote><html><head></head><body>本周将发布第四季度财报，超过 100 家标普500公司计划发布财报。IBM 和哈里伯顿公司是周一的亮点，其次是微软、Verizon Communications、美国运通、通用电气、强生公司和洛克希德-马丁公司。</body></html></blockquote></p><p>Tesla, AT&amp;T, Intel, and Boeing report on Wednesday. Then Apple, Visa, Comcast, McDonald’s, and Mastercard all go on Thursday before Chevron and Caterpillar close the week on Friday.</p><p><blockquote>特斯拉、美国电话电报公司、英特尔和波音公司周三发布报告。然后，苹果、Visa、Comcast、麦当劳和万事达卡都将在周四上班，雪佛龙和卡特彼勒将在周五收盘。</blockquote></p><p><img src=\"https://static.tigerbbs.com/3d814c4db504737da550137d499ea1fe\" tg-width=\"1878\" tg-height=\"2016\" width=\"100%\" height=\"auto\"/></p><p><blockquote></blockquote></p><p>The highlight on the economic calendar will be Wednesday’s conclusion of the Federal Open Market Committee’s January meeting. The Federal Reserve’s monetary-policy making body publishes a decision that afternoon, followed by a press conference with chairman Jerome Powell. Both will be closely parsed for clues to the central bank’s next moves.</p><p><blockquote>经济日历上的重头戏将是周三结束的联邦公开市场委员会一月份会议。美联储的货币政策决策机构将于当天下午公布一项决定，随后将与主席杰罗姆-鲍威尔（Jerome Powell）举行新闻发布会。两者都将被仔细分析，以寻找央行下一步行动的线索。</blockquote></p><p>Data out this week include IHS Markit’s Manufacturing and Services Purchasing Managers’ indexes for January on Monday, the Census Bureau’s new residential home sales data on Wednesday, and the Bureau of Economic Analysis’ preliminary estimate for fourth-quarter 2021 gross domestic product on Thursday.</p><p><blockquote>本周公布的数据包括周一 IHS Markit 公布的 1 月份制造业和服务业采购经理人指数、周三人口普查局公布的新住宅销售数据以及周四经济分析局公布的 2021 年第四季度国内生产总值初步估算。</blockquote></p><p><b>Monday 1/24</b></p><p><blockquote><b>1/24星期一</b></blockquote></p><p>Brown &amp; Brown, Halliburton, IBM, Philips, and Zions Bancorp report quarterly results.</p><p><blockquote>Brown &amp; Brown、哈里伯顿、IBM、飞利浦和 Zions Bancorp 报告季度业绩。</blockquote></p><p><b>IHS Markit reports</b> its Manufacturing and Services Purchasing Managers’ indexes for January. Consensus estimate is for a 56 reading for the manufacturing PMI and a 54 for the Services PMI. Both figures are less than the December data. The PMIs are off their record peaks from the middle of last year but remain well above the expansionary level of 50.</p><p><blockquote><b>IHS Markit 报告</b>1月份制造业和服务业采购经理人指数。普遍估计制造业 PMI 为 56，服务业 PMI 为 54。这两个数字都低于12月份的数据。PMI 已脱离去年年中的历史最高水平，但仍远高于 50 的扩张水平。</blockquote></p><p><b>Tuesday 1/25</b></p><p><blockquote><b>星期二1/25</b></blockquote></p><p><b>The world’s two largest companies</b> release results this week as investors look to tech earnings to reverse the Nasdaq’s 9.5% drop this year. Microsoft reports after the close, followed by Apple on Thursday.</p><p><blockquote><b>世界上最大的两家公司</b>本周公布业绩，投资者期待科技股盈利扭转纳斯达克今年 9.5% 的跌幅。微软在收盘后进行报道，周四苹果紧随其后。</blockquote></p><p>3M, American Express, Archer-Daniels-Midland, Capital One Financial, General Electric, Invesco, Johnson &amp; Johnson, Lockheed Martin, NextEra Energy, Raytheon Technologies, Texas Instruments, and Verizon Communications release earnings.</p><p><blockquote>3M、美国运通、Archer-Daniels-Midland、第一资本金融公司、通用电气、景顺、强生公司、洛克希德·马丁公司、NextEra Energy、雷神技术公司、德州仪器公司和 Verizon Communications 发布收益。</blockquote></p><p><b>S&amp;P CoreLogic releases</b> its Case-Shiller National Home Price Index for November. Economists forecast a 18% year-over-year rise, marginally less than in October. If estimates prove correct, it would be the 12th consecutive month with double-digit gains for home prices.</p><p><blockquote><b>标准普尔 CoreLogic 发布</b>其 11 月份凯斯-席勒全国房价指数。经济学家预测同比增长 18%，略低于 10 月份。如果估计被证明是正确的，这将是房价连续第12个月出现两位数上涨。</blockquote></p><p><b>Wednesday 1/26</b></p><p><blockquote><b>星期三1/26</b></blockquote></p><p>Abbott Laboratories, Anthem, AT&amp;T, Automatic Data Processing, Boeing, Edwards Lifesciences, Freeport-McMoRan, General Dynamics, Intel, Kimberly-Clark, Nasdaq, Norfolk Southern, Seagate Technology Holdings, ServiceNow, and Tesla report quarterly results.</p><p><blockquote>Abbott Laboratories、Anthem、AT&amp;T、Automatic Data Processing、波音、Edwards Lifesciences、Freeport-McMoRan、通用动力、英特尔、金佰利、纳斯达克、Norfolk Southern、希捷科技控股公司、ServiceNow 和特斯拉报告季度业绩。</blockquote></p><p><b>The Federal Open Market</b> Committee announces its monetary-policy decision. The central bank is expected to keep the federal-funds rate unchanged near zero. The Fed has become increasingly hawkish in the past three months, and Wall Street has priced in one quarter-point rate hike at the FOMC’s March meeting and a total of four quarter-point hikes for the year.</p><p><blockquote><b>联邦公开市场</b>委员会宣布其货币政策决定。预计央行将维持联邦基金利率接近于零不变。在过去的三个月里，美联储变得越来越鹰派，华尔街已经消化了联邦公开市场委员会（FOMC）3 月份会议上加息一次四分之一个百分点，以及今年总共加息四次四分之一个百分点。</blockquote></p><p><b>The Census Bureau</b> reports new residential home sales data. Consensus estimate is for a seasonally adjusted annual rate of 762,500 new single-family homes sold in December, 2.5% more than in November.</p><p><blockquote><b>人口普查局</b>报告新住宅销售数据。普遍估计，12 月份经季节性调整后的新单户住宅年增长率为 762,500 套，比 11 月份增长 2.5%。</blockquote></p><p><b>Thursday 1/27</b></p><p><blockquote><b>星期四1/27</b></blockquote></p><p>Altria Group, Comcast, Crown Castle International, Danaher, Dow, International Paper, Mastercard, McDonald’s, Mondelez International,       MSCI, Northrop Grumman, Nucor, Southwest Airlines, and Visa hold conference calls to discuss earnings.</p><p><blockquote>奥驰亚集团、康卡斯特、皇冠城堡国际、丹纳赫、陶氏化学、国际纸业、万事达卡、麦当劳、亿滋国际、摩根士丹利资本国际、诺斯罗普-格鲁曼、纽柯、西南航空公司和维萨卡在评级召开会议讨论盈利。</blockquote></p><p><b>The Bureau of Economic</b>Analysis releases its preliminary estimate for fourth-quarter 2021 gross domestic product. Economists forecast a 5.6% rate of growth, after a 2.3% increase in the third quarter.</p><p><blockquote><b>经济局</b>Analysis发布了对2021年第四季度国内生产总值的初步估计。经济学家预测增长率为5.6%，第三季度增长2.3%。</blockquote></p><p><b>Friday 1/28</b></p><p><blockquote><b>星期五1/28</b></blockquote></p><p>Caterpillar, Charter Communications, Chevron, Colgate-Palmolive, Phillips 66, V.F.Corp., and Weyerhaeuser report quarterly results.</p><p><blockquote>卡特彼勒、Charter Communications、雪佛龙、高露洁棕榄、Phillips 66、V.F.Corp. 和惠好报告季度业绩。</blockquote></p><p></body></html></p><p><blockquote></blockquote></p><p></p>","source":"lsy1601382232898","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Tesla, Intel, Apple, Microsoft, Visa, and Other Stocks to Watch This Week<blockquote>特斯拉、英特尔、苹果、微软、Visa 和本周值得关注的其他股票</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTesla, Intel, Apple, Microsoft, Visa, and Other Stocks to Watch This Week<blockquote>特斯拉、英特尔、苹果、微软、Visa 和本周值得关注的其他股票</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Barrons</strong><span class=\"h-time small\">2022-01-24 06:39</span>\n</p>\n</h4>\n</header>\n<article>\n<p><html><head></head><body>It will be a packed week of fourth-quarter earnings releases, with more than 100 S&amp;P 500 companies scheduled to report. IBM and Halliburton are Monday’s highlights, followed by Microsoft, Verizon Communications, American Express, General Electric, Johnson &amp; Johnson, and Lockheed Martin on Tuesday.</p><p><blockquote><html><head></head><body>本周将发布第四季度财报，超过 100 家标普500公司计划发布财报。IBM 和哈里伯顿公司是周一的亮点，其次是微软、Verizon Communications、美国运通、通用电气、强生公司和洛克希德-马丁公司。</body></html></blockquote></p><p>Tesla, AT&amp;T, Intel, and Boeing report on Wednesday. Then Apple, Visa, Comcast, McDonald’s, and Mastercard all go on Thursday before Chevron and Caterpillar close the week on Friday.</p><p><blockquote>特斯拉、美国电话电报公司、英特尔和波音公司周三发布报告。然后，苹果、Visa、Comcast、麦当劳和万事达卡都将在周四上班，雪佛龙和卡特彼勒将在周五收盘。</blockquote></p><p><img src=\"https://static.tigerbbs.com/3d814c4db504737da550137d499ea1fe\" tg-width=\"1878\" tg-height=\"2016\" width=\"100%\" height=\"auto\"/></p><p><blockquote></blockquote></p><p>The highlight on the economic calendar will be Wednesday’s conclusion of the Federal Open Market Committee’s January meeting. The Federal Reserve’s monetary-policy making body publishes a decision that afternoon, followed by a press conference with chairman Jerome Powell. Both will be closely parsed for clues to the central bank’s next moves.</p><p><blockquote>经济日历上的重头戏将是周三结束的联邦公开市场委员会一月份会议。美联储的货币政策决策机构将于当天下午公布一项决定，随后将与主席杰罗姆-鲍威尔（Jerome Powell）举行新闻发布会。两者都将被仔细分析，以寻找央行下一步行动的线索。</blockquote></p><p>Data out this week include IHS Markit’s Manufacturing and Services Purchasing Managers’ indexes for January on Monday, the Census Bureau’s new residential home sales data on Wednesday, and the Bureau of Economic Analysis’ preliminary estimate for fourth-quarter 2021 gross domestic product on Thursday.</p><p><blockquote>本周公布的数据包括周一 IHS Markit 公布的 1 月份制造业和服务业采购经理人指数、周三人口普查局公布的新住宅销售数据以及周四经济分析局公布的 2021 年第四季度国内生产总值初步估算。</blockquote></p><p><b>Monday 1/24</b></p><p><blockquote><b>1/24星期一</b></blockquote></p><p>Brown &amp; Brown, Halliburton, IBM, Philips, and Zions Bancorp report quarterly results.</p><p><blockquote>Brown &amp; Brown、哈里伯顿、IBM、飞利浦和 Zions Bancorp 报告季度业绩。</blockquote></p><p><b>IHS Markit reports</b> its Manufacturing and Services Purchasing Managers’ indexes for January. Consensus estimate is for a 56 reading for the manufacturing PMI and a 54 for the Services PMI. Both figures are less than the December data. The PMIs are off their record peaks from the middle of last year but remain well above the expansionary level of 50.</p><p><blockquote><b>IHS Markit 报告</b>1月份制造业和服务业采购经理人指数。普遍估计制造业 PMI 为 56，服务业 PMI 为 54。这两个数字都低于12月份的数据。PMI 已脱离去年年中的历史最高水平，但仍远高于 50 的扩张水平。</blockquote></p><p><b>Tuesday 1/25</b></p><p><blockquote><b>星期二1/25</b></blockquote></p><p><b>The world’s two largest companies</b> release results this week as investors look to tech earnings to reverse the Nasdaq’s 9.5% drop this year. Microsoft reports after the close, followed by Apple on Thursday.</p><p><blockquote><b>世界上最大的两家公司</b>本周公布业绩，投资者期待科技股盈利扭转纳斯达克今年 9.5% 的跌幅。微软在收盘后进行报道，周四苹果紧随其后。</blockquote></p><p>3M, American Express, Archer-Daniels-Midland, Capital One Financial, General Electric, Invesco, Johnson &amp; Johnson, Lockheed Martin, NextEra Energy, Raytheon Technologies, Texas Instruments, and Verizon Communications release earnings.</p><p><blockquote>3M、美国运通、Archer-Daniels-Midland、第一资本金融公司、通用电气、景顺、强生公司、洛克希德·马丁公司、NextEra Energy、雷神技术公司、德州仪器公司和 Verizon Communications 发布收益。</blockquote></p><p><b>S&amp;P CoreLogic releases</b> its Case-Shiller National Home Price Index for November. Economists forecast a 18% year-over-year rise, marginally less than in October. If estimates prove correct, it would be the 12th consecutive month with double-digit gains for home prices.</p><p><blockquote><b>标准普尔 CoreLogic 发布</b>其 11 月份凯斯-席勒全国房价指数。经济学家预测同比增长 18%，略低于 10 月份。如果估计被证明是正确的，这将是房价连续第12个月出现两位数上涨。</blockquote></p><p><b>Wednesday 1/26</b></p><p><blockquote><b>星期三1/26</b></blockquote></p><p>Abbott Laboratories, Anthem, AT&amp;T, Automatic Data Processing, Boeing, Edwards Lifesciences, Freeport-McMoRan, General Dynamics, Intel, Kimberly-Clark, Nasdaq, Norfolk Southern, Seagate Technology Holdings, ServiceNow, and Tesla report quarterly results.</p><p><blockquote>Abbott Laboratories、Anthem、AT&amp;T、Automatic Data Processing、波音、Edwards Lifesciences、Freeport-McMoRan、通用动力、英特尔、金佰利、纳斯达克、Norfolk Southern、希捷科技控股公司、ServiceNow 和特斯拉报告季度业绩。</blockquote></p><p><b>The Federal Open Market</b> Committee announces its monetary-policy decision. The central bank is expected to keep the federal-funds rate unchanged near zero. The Fed has become increasingly hawkish in the past three months, and Wall Street has priced in one quarter-point rate hike at the FOMC’s March meeting and a total of four quarter-point hikes for the year.</p><p><blockquote><b>联邦公开市场</b>委员会宣布其货币政策决定。预计央行将维持联邦基金利率接近于零不变。在过去的三个月里，美联储变得越来越鹰派，华尔街已经消化了联邦公开市场委员会（FOMC）3 月份会议上加息一次四分之一个百分点，以及今年总共加息四次四分之一个百分点。</blockquote></p><p><b>The Census Bureau</b> reports new residential home sales data. Consensus estimate is for a seasonally adjusted annual rate of 762,500 new single-family homes sold in December, 2.5% more than in November.</p><p><blockquote><b>人口普查局</b>报告新住宅销售数据。普遍估计，12 月份经季节性调整后的新单户住宅年增长率为 762,500 套，比 11 月份增长 2.5%。</blockquote></p><p><b>Thursday 1/27</b></p><p><blockquote><b>星期四1/27</b></blockquote></p><p>Altria Group, Comcast, Crown Castle International, Danaher, Dow, International Paper, Mastercard, McDonald’s, Mondelez International,       MSCI, Northrop Grumman, Nucor, Southwest Airlines, and Visa hold conference calls to discuss earnings.</p><p><blockquote>奥驰亚集团、康卡斯特、皇冠城堡国际、丹纳赫、陶氏化学、国际纸业、万事达卡、麦当劳、亿滋国际、摩根士丹利资本国际、诺斯罗普-格鲁曼、纽柯、西南航空公司和维萨卡在评级召开会议讨论盈利。</blockquote></p><p><b>The Bureau of Economic</b>Analysis releases its preliminary estimate for fourth-quarter 2021 gross domestic product. Economists forecast a 5.6% rate of growth, after a 2.3% increase in the third quarter.</p><p><blockquote><b>经济局</b>Analysis发布了对2021年第四季度国内生产总值的初步估计。经济学家预测增长率为5.6%，第三季度增长2.3%。</blockquote></p><p><b>Friday 1/28</b></p><p><blockquote><b>星期五1/28</b></blockquote></p><p>Caterpillar, Charter Communications, Chevron, Colgate-Palmolive, Phillips 66, V.F.Corp., and Weyerhaeuser report quarterly results.</p><p><blockquote>卡特彼勒、Charter Communications、雪佛龙、高露洁棕榄、Phillips 66、V.F.Corp. 和惠好报告季度业绩。</blockquote></p><p></body></html></p><p><blockquote></blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.barrons.com/articles/stocks-to-watch-this-week-tesla-apple-microsoft-51642954621?mod=hp_LATEST\">Barrons</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index","INTC":"英特尔","T":"At&T","PSX":"Phillips 66","CAT":"卡特彼勒","V":"Visa","BA":"波音","AAPL":"苹果","JNJ":"强生","MA":"万事达","MSFT":"微软","HAL":"哈里伯顿","LMT":"洛克希德马丁","GE":"GE航空航天","CVX":"雪佛龙","CMCSA":"康卡斯特","IBM":"IBM","NOW":"ServiceNow","ADM":"Archer Daniels Midland Co","AXP":"美国运通","MMM":"3M","MCD":"麦当劳","TSLA":"特斯拉",".DJI":"道琼斯",".IXIC":"NASDAQ Composite","VZ":"Verizon Comms"},"source_url":"https://www.barrons.com/articles/stocks-to-watch-this-week-tesla-apple-microsoft-51642954621?mod=hp_LATEST","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1106250133","content_text":"It will be a packed week of fourth-quarter earnings releases, with more than 100 S&P 500 companies scheduled to report. IBM and Halliburton are Monday’s highlights, followed by Microsoft, Verizon Communications, American Express, General Electric, Johnson & Johnson, and Lockheed Martin on Tuesday.Tesla, AT&T, Intel, and Boeing report on Wednesday. Then Apple, Visa, Comcast, McDonald’s, and Mastercard all go on Thursday before Chevron and Caterpillar close the week on Friday.The highlight on the economic calendar will be Wednesday’s conclusion of the Federal Open Market Committee’s January meeting. The Federal Reserve’s monetary-policy making body publishes a decision that afternoon, followed by a press conference with chairman Jerome Powell. Both will be closely parsed for clues to the central bank’s next moves.Data out this week include IHS Markit’s Manufacturing and Services Purchasing Managers’ indexes for January on Monday, the Census Bureau’s new residential home sales data on Wednesday, and the Bureau of Economic Analysis’ preliminary estimate for fourth-quarter 2021 gross domestic product on Thursday.Monday 1/24Brown & Brown, Halliburton, IBM, Philips, and Zions Bancorp report quarterly results.IHS Markit reports its Manufacturing and Services Purchasing Managers’ indexes for January. Consensus estimate is for a 56 reading for the manufacturing PMI and a 54 for the Services PMI. Both figures are less than the December data. The PMIs are off their record peaks from the middle of last year but remain well above the expansionary level of 50.Tuesday 1/25The world’s two largest companies release results this week as investors look to tech earnings to reverse the Nasdaq’s 9.5% drop this year. Microsoft reports after the close, followed by Apple on Thursday.3M, American Express, Archer-Daniels-Midland, Capital One Financial, General Electric, Invesco, Johnson & Johnson, Lockheed Martin, NextEra Energy, Raytheon Technologies, Texas Instruments, and Verizon Communications release earnings.S&P CoreLogic releases its Case-Shiller National Home Price Index for November. Economists forecast a 18% year-over-year rise, marginally less than in October. If estimates prove correct, it would be the 12th consecutive month with double-digit gains for home prices.Wednesday 1/26Abbott Laboratories, Anthem, AT&T, Automatic Data Processing, Boeing, Edwards Lifesciences, Freeport-McMoRan, General Dynamics, Intel, Kimberly-Clark, Nasdaq, Norfolk Southern, Seagate Technology Holdings, ServiceNow, and Tesla report quarterly results.The Federal Open Market Committee announces its monetary-policy decision. The central bank is expected to keep the federal-funds rate unchanged near zero. The Fed has become increasingly hawkish in the past three months, and Wall Street has priced in one quarter-point rate hike at the FOMC’s March meeting and a total of four quarter-point hikes for the year.The Census Bureau reports new residential home sales data. Consensus estimate is for a seasonally adjusted annual rate of 762,500 new single-family homes sold in December, 2.5% more than in November.Thursday 1/27Altria Group, Comcast, Crown Castle International, Danaher, Dow, International Paper, Mastercard, McDonald’s, Mondelez International,       MSCI, Northrop Grumman, Nucor, Southwest Airlines, and Visa hold conference calls to discuss earnings.The Bureau of EconomicAnalysis releases its preliminary estimate for fourth-quarter 2021 gross domestic product. Economists forecast a 5.6% rate of growth, after a 2.3% increase in the third quarter.Friday 1/28Caterpillar, Charter Communications, Chevron, Colgate-Palmolive, Phillips 66, V.F.Corp., and Weyerhaeuser report quarterly results.","news_type":1,"symbols_score_info":{"MSFT":0.9,".IXIC":0.9,"MCD":0.9,"TSLA":0.9,"AXP":0.9,".SPX":0.9,"JNJ":0.9,"HAL":0.9,"MA":0.9,"ADM":0.9,"INTC":0.9,"GE":0.9,"CVX":0.9,"VZ":0.9,"CAT":0.9,"PSX":0.9,"BA":0.9,"V":0.9,"T":0.9,"CMCSA":0.9,".DJI":0.9,"LMT":0.9,"NOW":0.9,"MMM":0.9,"AAPL":0.9,"IBM":0.9}},"isVote":1,"tweetType":1,"viewCount":1588,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":630509715,"gmtCreate":1642950349414,"gmtModify":1642950349754,"author":{"id":"3586255748151463","authorId":"3586255748151463","name":"indietro_","avatar":"https://static.tigerbbs.com/caebb6c2a70cbd2db563a3808f3d7b22","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3586255748151463","authorIdStr":"3586255748151463"},"themes":[],"title":"","htmlText":"Like plz","listText":"Like plz","text":"Like 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pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/600140635","repostId":"2186432895","repostType":4,"isVote":1,"tweetType":1,"viewCount":523,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":881437327,"gmtCreate":1631375156869,"gmtModify":1631889222981,"author":{"id":"3586255748151463","authorId":"3586255748151463","name":"indietro_","avatar":"https://static.tigerbbs.com/caebb6c2a70cbd2db563a3808f3d7b22","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3586255748151463","idStr":"3586255748151463"},"themes":[],"title":"","htmlText":"Lol","listText":"Lol","text":"Lol","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":12,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/881437327","repostId":"2166375184","repostType":4,"isVote":1,"tweetType":1,"viewCount":764,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":821874929,"gmtCreate":1633736428006,"gmtModify":1633736428308,"author":{"id":"3586255748151463","authorId":"3586255748151463","name":"indietro_","avatar":"https://static.tigerbbs.com/caebb6c2a70cbd2db563a3808f3d7b22","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3586255748151463","idStr":"3586255748151463"},"themes":[],"title":"","htmlText":"Like pls&nbsp;","listText":"Like pls&nbsp;","text":"Like pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":4,"repostSize":0,"link":"https://laohu8.com/post/821874929","repostId":"1100565546","repostType":4,"repost":{"id":"1100565546","kind":"news","pubTimestamp":1633734823,"share":"https://www.laohunote.com/m/news/1100565546?lang=zh_CN&edition=full","pubTime":"2021-10-09 07:13","market":"us","language":"en","title":"S&P 500 ends lower after U.S. September jobs miss<blockquote>美国 9 月份就业岗位未达预期后标普500收低</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1100565546","media":"Reuters","summary":" - The S&P 500 ended lower on Friday after data showed weaker jobs growth than expected in September, yet investors still expected the Federal Reserve to begin tapering asset purchases this year.Wall Street’s three main indexes were mixed for much of the session before losing ground toward the end. All three indexes posted weekly gains.Comcast Corp tumbled after Wells Fargo cut its price target on the media company, while Charter Communications Inc fell after Wells Fargo downgraded that cable op","content":"<p>(Reuters) - The S&amp;P 500 ended lower on Friday after data showed weaker jobs growth than expected in September, yet investors still expected the Federal Reserve to begin tapering asset purchases this year.</p><p><blockquote>（路透社） - 标普500周五收低，此前数据显示9月就业增长弱于预期，但投资者仍预计美联储今年将开始缩减资产购买规模。</blockquote></p><p> Wall Street’s three main indexes were mixed for much of the session before losing ground toward the end. All three indexes posted weekly gains.</p><p><blockquote>华尔街三大股指在盘中的大部分时间里涨跌互现，但在接近尾声时有所回落。这三个指数均出现周涨幅。</blockquote></p><p> Comcast Corp tumbled after Wells Fargo cut its price target on the media company, while Charter Communications Inc fell after Wells Fargo downgraded that cable operator to “underweight” from “overweight”.</p><p><blockquote>康卡斯特公司（Comcast Corp）在富国银行（Wells Fargo）下调了该媒体公司的目标价后暴跌，而特许通信公司（Charter Communications Inc）在富国银行（Wells Fargo）将该有线电视运营商的评级从 “跑赢大盘 ”下调至 “跑输大盘 ”后暴跌。</blockquote></p><p> Both companies were among the biggest drags on the S&amp;P 500 and Nasdaq.</p><p><blockquote>这两家公司都是标普500和纳斯达克最大的拖累之一。</blockquote></p><p> Real estate and utilities were the poorest performers among 11 S&amp;P 500 sector indexes, down 1.1% and 0.7%, respectively.</p><p><blockquote>在11个标普500行业指数中，房地产和公用事业表现最差，分别下跌1.1%和0.7%。</blockquote></p><p> The S&amp;P 500 energy sector index jumped 3.1%, with oil up more than 4% on the week as a global energy crunch has boosted prices to their highest since 2014.</p><p><blockquote>标普500能源行业指数上涨 3.1%，其中油价本周上涨超过 4%，原因是全球能源危机将油价推至 2014 年以来的最高水平。</blockquote></p><p> Chevron and Exxon Mobil rallied more than 2% and were among the companies giving the S&amp;P 500 the greatest lift.</p><p><blockquote>雪佛龙和埃克森美孚股价上涨超过 2%，是对标普500提振最大的公司之一。</blockquote></p><p> The Labor Department’s nonfarm payrolls report showed the U.S. economy in September created the fewest jobs in nine months as hiring dropped at schools and some businesses were short of workers. The unemployment rate fell to 4.8% from 5.2% in August and average hourly earnings rose 0.6%, which was more than expected.</p><p><blockquote>美国劳工部的非农就业报告显示，9月份美国经济创造的就业岗位是九个月来最少的，原因是学校招聘人数下降，一些企业工人短缺。失业率从8月份的5.2%降至4.8%，平均时薪增长0.6%，超出预期。</blockquote></p><p> “I think that the Federal Reserve made it very clear that they don’t need a blockbuster jobs report to taper in November,” said Kathy Lien, Managing Director at BK Asset Management in New York. “I think the Fed remains on track.”</p><p><blockquote>“纽约 BK 资产管理公司董事总经理凯西-连（Kathy Lien）说：”我认为美联储已经非常明确地表示，他们不需要一份重磅就业报告就能在 11 月份缩减规模。“我认为美联储仍在正轨上。”</blockquote></p><p> Futures on the federal funds rate priced in a quarter-point tightening by the Federal Reserve by November or December next year.</p><p><blockquote>联邦基金利率期货定价为美联储明年 11 月或 12 月收紧 25 个基点。</blockquote></p><p> The Dow Jones Industrial Average dipped 0.03% to end at 34,746.25 points, while the S&amp;P 500 lost 0.19% to 4,391.35.</p><p><blockquote>道琼斯工业平均指数下跌0.03%，收于34,746.25点，标普500指数下跌0.19%，至4,391.35点。</blockquote></p><p> The Nasdaq Composite dropped 0.51% to 14,579.54.</p><p><blockquote>纳斯达克综合指数下跌 0.51%，至 14,579.54 点。</blockquote></p><p> For the week, the S&amp;P 500 rose 0.8%, the Dow added 1.2% and the Nasdaq gained 0.1%.</p><p><blockquote>本周，标普500指数上涨0.8%，道琼斯指数上涨1.2%，纳斯达克指数上涨0.1%。</blockquote></p><p> Third-quarter reporting season kicks off next week, with JPMorgan Chase and other big banks among the first to post results. Investors are focused on global supply chain problems and labor shortages.</p><p><blockquote>第三季度财报季将于下周拉开帷幕，摩根大通和其他大银行将率先发布业绩。投资者关注全球供应链问题和劳动力短缺。</blockquote></p><p> Analysts see Q3 U.S. earnings growth of 30%:</p><p><blockquote>分析师预计美国第三季度盈利增长 30%：</blockquote></p><p> Analysts on average expect S&amp;P 500 earnings per share for the quarter to be up almost 30%, according to Refinitiv.</p><p><blockquote>路孚特表示，分析师平均预计标普500本季度每股收益将增长近 30%。</blockquote></p><p> “I think it’s going to be a dicey earnings season,” warned Liz Young, head of investment strategy at SoFi in New York. “If supply-chain issues are driving up costs, a company with strong pricing power can pass through those rising costs. But you can’t pass through a labor shortage if you can’t find workers to hire.”</p><p><blockquote>“纽约 SoFi 投资策略主管 Liz Young 警告说：”我认为这将是一个充满风险的财报季。“如果供应链问题推高了成本上升，那么一家拥有强大定价权的公司就可以转嫁这些不断上涨的成本。但如果你找不到工人来雇佣，你就无法转嫁劳动力短缺的问题。”</blockquote></p><p> Declining issues outnumbered advancing ones on the NYSE by a 1.24-to-1 ratio; on Nasdaq, a 1.52-to-1 ratio favored decliners.</p><p><blockquote>纽约证券交易所下跌发行量与上涨发行量的比例为 1.24 比 1；在纳斯达克，1.52 比 1 的比率有利于下跌者。</blockquote></p><p> The S&amp;P 500 posted 26 new 52-week highs and 3 new lows; the Nasdaq Composite recorded 86 new highs and 113 new lows.</p><p><blockquote>标普500创下 26 个 52 周新高和 3 个新低；纳斯达克综合指数创下86个新高和113个新低。</blockquote></p><p> Volume on U.S. exchanges was 9.2 billion shares, compared with the 11 billion average over the last 20 trading days.</p><p><blockquote>美国交易所的成交量为92亿股，而过去20个交易日的平均成交量为110亿股。</blockquote></p><p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>S&P 500 ends lower after U.S. September jobs miss<blockquote>美国 9 月份就业岗位未达预期后标普500收低</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\">\nS&P 500 ends lower after U.S. September jobs miss<blockquote>美国 9 月份就业岗位未达预期后标普500收低</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Reuters</strong><span class=\"h-time small\">2021-10-09 07:13</span>\n</p>\n</h4>\n</header>\n<article>\n<p>(Reuters) - The S&amp;P 500 ended lower on Friday after data showed weaker jobs growth than expected in September, yet investors still expected the Federal Reserve to begin tapering asset purchases this year.</p><p><blockquote>（路透社） - 标普500周五收低，此前数据显示9月就业增长弱于预期，但投资者仍预计美联储今年将开始缩减资产购买规模。</blockquote></p><p> Wall Street’s three main indexes were mixed for much of the session before losing ground toward the end. All three indexes posted weekly gains.</p><p><blockquote>华尔街三大股指在盘中的大部分时间里涨跌互现，但在接近尾声时有所回落。这三个指数均出现周涨幅。</blockquote></p><p> Comcast Corp tumbled after Wells Fargo cut its price target on the media company, while Charter Communications Inc fell after Wells Fargo downgraded that cable operator to “underweight” from “overweight”.</p><p><blockquote>康卡斯特公司（Comcast Corp）在富国银行（Wells Fargo）下调了该媒体公司的目标价后暴跌，而特许通信公司（Charter Communications Inc）在富国银行（Wells Fargo）将该有线电视运营商的评级从 “跑赢大盘 ”下调至 “跑输大盘 ”后暴跌。</blockquote></p><p> Both companies were among the biggest drags on the S&amp;P 500 and Nasdaq.</p><p><blockquote>这两家公司都是标普500和纳斯达克最大的拖累之一。</blockquote></p><p> Real estate and utilities were the poorest performers among 11 S&amp;P 500 sector indexes, down 1.1% and 0.7%, respectively.</p><p><blockquote>在11个标普500行业指数中，房地产和公用事业表现最差，分别下跌1.1%和0.7%。</blockquote></p><p> The S&amp;P 500 energy sector index jumped 3.1%, with oil up more than 4% on the week as a global energy crunch has boosted prices to their highest since 2014.</p><p><blockquote>标普500能源行业指数上涨 3.1%，其中油价本周上涨超过 4%，原因是全球能源危机将油价推至 2014 年以来的最高水平。</blockquote></p><p> Chevron and Exxon Mobil rallied more than 2% and were among the companies giving the S&amp;P 500 the greatest lift.</p><p><blockquote>雪佛龙和埃克森美孚股价上涨超过 2%，是对标普500提振最大的公司之一。</blockquote></p><p> The Labor Department’s nonfarm payrolls report showed the U.S. economy in September created the fewest jobs in nine months as hiring dropped at schools and some businesses were short of workers. The unemployment rate fell to 4.8% from 5.2% in August and average hourly earnings rose 0.6%, which was more than expected.</p><p><blockquote>美国劳工部的非农就业报告显示，9月份美国经济创造的就业岗位是九个月来最少的，原因是学校招聘人数下降，一些企业工人短缺。失业率从8月份的5.2%降至4.8%，平均时薪增长0.6%，超出预期。</blockquote></p><p> “I think that the Federal Reserve made it very clear that they don’t need a blockbuster jobs report to taper in November,” said Kathy Lien, Managing Director at BK Asset Management in New York. “I think the Fed remains on track.”</p><p><blockquote>“纽约 BK 资产管理公司董事总经理凯西-连（Kathy Lien）说：”我认为美联储已经非常明确地表示，他们不需要一份重磅就业报告就能在 11 月份缩减规模。“我认为美联储仍在正轨上。”</blockquote></p><p> Futures on the federal funds rate priced in a quarter-point tightening by the Federal Reserve by November or December next year.</p><p><blockquote>联邦基金利率期货定价为美联储明年 11 月或 12 月收紧 25 个基点。</blockquote></p><p> The Dow Jones Industrial Average dipped 0.03% to end at 34,746.25 points, while the S&amp;P 500 lost 0.19% to 4,391.35.</p><p><blockquote>道琼斯工业平均指数下跌0.03%，收于34,746.25点，标普500指数下跌0.19%，至4,391.35点。</blockquote></p><p> The Nasdaq Composite dropped 0.51% to 14,579.54.</p><p><blockquote>纳斯达克综合指数下跌 0.51%，至 14,579.54 点。</blockquote></p><p> For the week, the S&amp;P 500 rose 0.8%, the Dow added 1.2% and the Nasdaq gained 0.1%.</p><p><blockquote>本周，标普500指数上涨0.8%，道琼斯指数上涨1.2%，纳斯达克指数上涨0.1%。</blockquote></p><p> Third-quarter reporting season kicks off next week, with JPMorgan Chase and other big banks among the first to post results. Investors are focused on global supply chain problems and labor shortages.</p><p><blockquote>第三季度财报季将于下周拉开帷幕，摩根大通和其他大银行将率先发布业绩。投资者关注全球供应链问题和劳动力短缺。</blockquote></p><p> Analysts see Q3 U.S. earnings growth of 30%:</p><p><blockquote>分析师预计美国第三季度盈利增长 30%：</blockquote></p><p> Analysts on average expect S&amp;P 500 earnings per share for the quarter to be up almost 30%, according to Refinitiv.</p><p><blockquote>路孚特表示，分析师平均预计标普500本季度每股收益将增长近 30%。</blockquote></p><p> “I think it’s going to be a dicey earnings season,” warned Liz Young, head of investment strategy at SoFi in New York. “If supply-chain issues are driving up costs, a company with strong pricing power can pass through those rising costs. But you can’t pass through a labor shortage if you can’t find workers to hire.”</p><p><blockquote>“纽约 SoFi 投资策略主管 Liz Young 警告说：”我认为这将是一个充满风险的财报季。“如果供应链问题推高了成本上升，那么一家拥有强大定价权的公司就可以转嫁这些不断上涨的成本。但如果你找不到工人来雇佣，你就无法转嫁劳动力短缺的问题。”</blockquote></p><p> Declining issues outnumbered advancing ones on the NYSE by a 1.24-to-1 ratio; on Nasdaq, a 1.52-to-1 ratio favored decliners.</p><p><blockquote>纽约证券交易所下跌发行量与上涨发行量的比例为 1.24 比 1；在纳斯达克，1.52 比 1 的比率有利于下跌者。</blockquote></p><p> The S&amp;P 500 posted 26 new 52-week highs and 3 new lows; the Nasdaq Composite recorded 86 new highs and 113 new lows.</p><p><blockquote>标普500创下 26 个 52 周新高和 3 个新低；纳斯达克综合指数创下86个新高和113个新低。</blockquote></p><p> Volume on U.S. exchanges was 9.2 billion shares, compared with the 11 billion average over the last 20 trading days.</p><p><blockquote>美国交易所的成交量为92亿股，而过去20个交易日的平均成交量为110亿股。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.reuters.com/article/usa-stocks/us-stocks-sp-500-ends-lower-after-u-s-september-jobs-miss-idUSL1N2R42C9\">Reuters</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯",".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite"},"source_url":"https://www.reuters.com/article/usa-stocks/us-stocks-sp-500-ends-lower-after-u-s-september-jobs-miss-idUSL1N2R42C9","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1100565546","content_text":"(Reuters) - The S&P 500 ended lower on Friday after data showed weaker jobs growth than expected in September, yet investors still expected the Federal Reserve to begin tapering asset purchases this year.\nWall Street’s three main indexes were mixed for much of the session before losing ground toward the end. All three indexes posted weekly gains.\nComcast Corp tumbled after Wells Fargo cut its price target on the media company, while Charter Communications Inc fell after Wells Fargo downgraded that cable operator to “underweight” from “overweight”.\nBoth companies were among the biggest drags on the S&P 500 and Nasdaq.\nReal estate and utilities were the poorest performers among 11 S&P 500 sector indexes, down 1.1% and 0.7%, respectively.\nThe S&P 500 energy sector index jumped 3.1%, with oil up more than 4% on the week as a global energy crunch has boosted prices to their highest since 2014.\nChevron and Exxon Mobil rallied more than 2% and were among the companies giving the S&P 500 the greatest lift.\nThe Labor Department’s nonfarm payrolls report showed the U.S. economy in September created the fewest jobs in nine months as hiring dropped at schools and some businesses were short of workers. The unemployment rate fell to 4.8% from 5.2% in August and average hourly earnings rose 0.6%, which was more than expected.\n“I think that the Federal Reserve made it very clear that they don’t need a blockbuster jobs report to taper in November,” said Kathy Lien, Managing Director at BK Asset Management in New York. “I think the Fed remains on track.”\nFutures on the federal funds rate priced in a quarter-point tightening by the Federal Reserve by November or December next year.\nThe Dow Jones Industrial Average dipped 0.03% to end at 34,746.25 points, while the S&P 500 lost 0.19% to 4,391.35.\nThe Nasdaq Composite dropped 0.51% to 14,579.54.\nFor the week, the S&P 500 rose 0.8%, the Dow added 1.2% and the Nasdaq gained 0.1%.\nThird-quarter reporting season kicks off next week, with JPMorgan Chase and other big banks among the first to post results. Investors are focused on global supply chain problems and labor shortages.\nAnalysts see Q3 U.S. earnings growth of 30%:\nAnalysts on average expect S&P 500 earnings per share for the quarter to be up almost 30%, according to Refinitiv.\n“I think it’s going to be a dicey earnings season,” warned Liz Young, head of investment strategy at SoFi in New York. “If supply-chain issues are driving up costs, a company with strong pricing power can pass through those rising costs. But you can’t pass through a labor shortage if you can’t find workers to hire.”\nDeclining issues outnumbered advancing ones on the NYSE by a 1.24-to-1 ratio; on Nasdaq, a 1.52-to-1 ratio favored decliners.\nThe S&P 500 posted 26 new 52-week highs and 3 new lows; the Nasdaq Composite recorded 86 new highs and 113 new lows.\nVolume on U.S. exchanges was 9.2 billion shares, compared with the 11 billion average over the last 20 trading days.","news_type":1,"symbols_score_info":{".SPX":0.9,".DJI":0.9,".IXIC":0.9}},"isVote":1,"tweetType":1,"viewCount":645,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":832834527,"gmtCreate":1629605003769,"gmtModify":1633683797949,"author":{"id":"3586255748151463","authorId":"3586255748151463","name":"indietro_","avatar":"https://static.tigerbbs.com/caebb6c2a70cbd2db563a3808f3d7b22","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3586255748151463","idStr":"3586255748151463"},"themes":[],"title":"","htmlText":"Like pls","listText":"Like pls","text":"Like pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":9,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/832834527","repostId":"1176431153","repostType":4,"repost":{"id":"1176431153","kind":"news","pubTimestamp":1629604617,"share":"https://www.laohunote.com/m/news/1176431153?lang=zh_CN&edition=full","pubTime":"2021-08-22 11:56","market":"us","language":"en","title":"Buffett’s Berkshire Still Isn’t Buying. Here’s What It Sold.<blockquote>巴菲特的伯克希尔仍然不买账。以下是它的售价。</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1176431153","media":"Barron's","summary":"If you’ve been waiting forBerkshire Hathawayto spend a decent chunk of its $144 billion in cash and ","content":"<p>If you’ve been waiting forBerkshire Hathawayto spend a decent chunk of its $144 billion in cash and equivalents on an acquisition, you’ll have to wait a little longer—maybe a lot longer. Not only did Berkshire fail to make a significant purchase in the second quarter, but CEO Warren Buffett and his investment lieutenants, Todd Combs and Ted Weschler, were net sellers of about $1 billion of stocks in the period, according to the company’s latest 10-Q filing.</p><p><blockquote>如果你一直在等待伯克希尔-哈撒韦公司（forBerkshire Hathaway）将其 1440 亿美元现金及等价物中的一大部分用于收购，那么你就得再等一会儿了，也许还要等很久。根据该公司最新的 10-Q 文件，伯克希尔不仅没有在第二季度进行重大收购，而且首席执行官沃伦-巴菲特（Warren Buffett）和他的投资副手托德-库姆斯（Todd Combs）和特德-韦施勒（Ted Weschler）在此期间净卖出了约 10 亿美元的股票。</blockquote></p><p> Berkshire pared its stakes in three drug stocks—AbbVie,Bristol-Myers Squibb, andMerck—all acquired in 2020. The company also sold seven millionGeneral Motorsshares in the quarter, cutting its holding to 60 million shares, now worth $3.2 billion. Berkshire trimmed itsChevronposition slightly, and added to its stake in grocerKroger.</p><p><blockquote>伯克希尔减持了 2020 年收购的艾伯维、百时美施贵宝和默克三只制药股的股份。该公司还在本季度出售了 700 万股通用汽车股票，将其持有量减少至 6000 万股，目前价值 32 亿美元。伯克希尔小幅削减了雪佛龙的持仓，并增持了 grocerKroger 的股份。</blockquote></p><p> There were no changes in its two largest holdings. The company’sApplestake held steady at 887 million shares, now worth $134 billion, andBank of Americastood at 1.01 billion shares, worth $41 billion. Berkshire’s total equity holdings topped $300 billion as of June 30.</p><p><blockquote>其两大持股没有变化。该公司持有的苹果股份稳定在 8.87 亿股，目前价值 1340 亿美元，美国银行持有 10.1 亿股，价值 410 亿美元。截至 6 月 30 日，伯克希尔的总股本持有量超过 3000 亿美元。</blockquote></p><p> As for its own shares, Berkshire was a buyer, scooping up about $6 billion of stock in each of the past two quarters, or about 1% of the shares outstanding in each period.</p><p><blockquote>至于自己的股票，伯克希尔是买家，在过去两个季度中每个季度都买入了约 60 亿美元的股票，约占每个时期流通股的 1%。</blockquote></p><p> And it wasn’t the only buyer; both share classes are up about 25% this year, ahead of theS&amp;P 500index’s total return of about 20%.</p><p><blockquote>而且它并不是唯一的买家；这两类股票今年都上涨了约 25%，领先于标准普尔 500 指数约 20% 的总回报率。</blockquote></p><p> <b>Last WeekPre-Tantrum</b></p><p><blockquote><b>上周发脾气前</b></blockquote></p><p> Stock indexes finished the week in the red, with the bulk of the week’s selling coming on Tuesday and Wednesday. The S&amp;P 500,Nasdaq Composite,andDow Jones Industrial Averageeach sank close to 2% over those days. Minutes from the Federal Reserve’s monetary policy committee’s latest meeting, released on Wednesday, showed an active debate among officials about when to begin withdrawing the emergency stimulus in place since March 2020. The Fed could begin reducing its U.S. Treasury and mortgage-backed securities purchases—currently running at a combined $120 billion a month—this fall. The Dow finished the week down 1.1%, at 35,120.08; the S&amp;P lost 0.6%, to 4441.67; and the Nasdaq Composite fell 0.7%, to 14,714.66.</p><p><blockquote>股指本周收红，本周大部分抛售发生在周二和周三。标准普尔 500 指数、纳斯达克综合指数和道琼斯工业平均指数在那些日子里均下跌了近 2%。美联储货币政策委员会周三公布的最新会议纪要显示，官员们正在就何时开始撤回自2020年3月以来实施的紧急刺激措施展开激烈辩论。美联储可能会在今年秋天开始减少美国国债和抵押贷款支持证券的购买——目前每月总计1200亿美元。道琼斯指数本周收盘下跌 1.1%，至 35,120.08 点；标准普尔指数下跌0.6%，至4441.67点；纳斯达克综合指数下跌 0.7%，至 14,714.66 点。</blockquote></p><p> <b>Shop Till They Drop</b></p><p><blockquote><b>购物直到它们掉落</b></blockquote></p><p> Retailers reported their results for the May-to-July period, their second quarter. The overall picture is of consumers armed with pandemic savings and federal stimulus cash—and eager to spend it.Walmart,Target,Home Depot,Macy’s,and more topped Wall Street’s forecasts for sales and profits in the quarter. (See“Shoppers Are Crowding Malls and Bricks-and-Mortar Stores Again.”)</p><p><blockquote>零售商公布了 5 月至 7 月第二季度的业绩。总体情况是，消费者手持大流行病储蓄和联邦刺激现金，并渴望花掉这些钱.沃尔玛、塔吉特、家得宝、梅西百货等本季度的销售额和利润都超过了华尔街的预测。（参见“购物者再次涌入商场和实体店”。）</blockquote></p><p> <b>Calling All Hackers</b></p><p><blockquote><b>呼叫所有黑客</b></blockquote></p><p> Shares ofT-Mobile UScame under pressure after reports in the online publication Motherboard that customer data claiming to be from the wireless network operator’s servers was for sale online. T-Mobile later confirmed that there had been unauthorized access to some of the company’s data, including records for roughly 54 million people.</p><p><blockquote>在线出版物 Motherboard 报道称，声称来自无线网络运营商服务器的客户数据正在网上出售，这给 ofT-Mobile UScame 带来了压力。T-Mobile 随后证实，有人未经授权访问了该公司的一些数据，其中包括大约 5400 万人的记录。</blockquote></p><p> <b>Passing the Baton</b></p><p><blockquote><b>传递接力棒</b></blockquote></p><p> Johnson &amp; Johnsonannounced a surprise CEO transition. Its current chief executive, Alex Gorsky, will hand the reins to Joaquin Duato in January after nine years in charge and three decades at the company, which has a market value of nearly $500 billion. Duato, 59, is currently the vice chairman of J&amp;J’s executive committee. Gorsky, 61, will assume the post of executive chairman, a newly created role, next year.</p><p><blockquote>强生公司宣布出人意料地更换首席执行官。其现任首席执行官亚历克斯·戈尔斯基 (Alex Gorsky) 将于 1 月份将权力移交给华金·杜阿托 (Joaquin Duato)，此前他已掌管这家市值近 5000 亿美元的公司长达 9 年，并在该公司工作了 30 年。现年 59 岁的杜阿托现任强生执行委员会副主席。61岁的戈尔斯基将于明年担任新设立的执行主席一职。</blockquote></p><p> <b>Annals of Deal Making</b></p><p><blockquote><b>交易年鉴</b></blockquote></p><p> Gene-sequencing firmIlluminaclosed a $7.1 billion acquisition of Grail, which works on early cancer detection. A legal battle with the Federal Trade Commission continues…German logistics firm Deutsche Post will acquire ocean freight-forwarding company J.F. Hillebrand Group for about 1.5 billion euros ($1.8 billion) in cash…ToolmakerStanley Black &amp; Deckeragreed to pay $1.6 billion in cash for the 80% of MTD Holdings that it doesn’t already own. MTD makes lawn mowers and other outdoor power tools under the Cub Cadet and Troy-Bilt brands…BHP Groupwill merge its oil-and-gas unit withWoodside Petroleumin an all-stock deal, with its shareholders owning 48%. The miner will also shift its primary stock market listing from London to Sydney.</p><p><blockquote>基因测序公司 Firmillumina 完成了对 Grail 的 71 亿美元收购，该公司致力于早期癌症检测。与联邦贸易委员会的法律战仍在继续……德国物流公司德国邮政将收购海运代理公司J.F。Hillebrand Group 以约 15 亿欧元（18 亿美元）现金收购.工具制造商 Stanley Black &amp; Decker 同意以 16 亿美元现金收购其尚未拥有的 MTD 80% 的股份。MTD 以 Cub Cadet 和 Troy-Bilt 品牌生产割草机和其他户外电动工具……必和必拓集团将以全股票交易的形式将其石油和天然气部门与伍德赛德石油公司合并，其股东持有 48% 的股份。该矿商还将把其主要股票市场上市从伦敦转移到悉尼。</blockquote></p><p></p>","source":"lsy1610680873436","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Buffett’s Berkshire Still Isn’t Buying. Here’s What It Sold.<blockquote>巴菲特的伯克希尔仍然不买账。以下是它的售价。</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBuffett’s Berkshire Still Isn’t Buying. Here’s What It Sold.<blockquote>巴菲特的伯克希尔仍然不买账。以下是它的售价。</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Barron's</strong><span class=\"h-time small\">2021-08-22 11:56</span>\n</p>\n</h4>\n</header>\n<article>\n<p>If you’ve been waiting forBerkshire Hathawayto spend a decent chunk of its $144 billion in cash and equivalents on an acquisition, you’ll have to wait a little longer—maybe a lot longer. Not only did Berkshire fail to make a significant purchase in the second quarter, but CEO Warren Buffett and his investment lieutenants, Todd Combs and Ted Weschler, were net sellers of about $1 billion of stocks in the period, according to the company’s latest 10-Q filing.</p><p><blockquote>如果你一直在等待伯克希尔-哈撒韦公司（forBerkshire Hathaway）将其 1440 亿美元现金及等价物中的一大部分用于收购，那么你就得再等一会儿了，也许还要等很久。根据该公司最新的 10-Q 文件，伯克希尔不仅没有在第二季度进行重大收购，而且首席执行官沃伦-巴菲特（Warren Buffett）和他的投资副手托德-库姆斯（Todd Combs）和特德-韦施勒（Ted Weschler）在此期间净卖出了约 10 亿美元的股票。</blockquote></p><p> Berkshire pared its stakes in three drug stocks—AbbVie,Bristol-Myers Squibb, andMerck—all acquired in 2020. The company also sold seven millionGeneral Motorsshares in the quarter, cutting its holding to 60 million shares, now worth $3.2 billion. Berkshire trimmed itsChevronposition slightly, and added to its stake in grocerKroger.</p><p><blockquote>伯克希尔减持了 2020 年收购的艾伯维、百时美施贵宝和默克三只制药股的股份。该公司还在本季度出售了 700 万股通用汽车股票，将其持有量减少至 6000 万股，目前价值 32 亿美元。伯克希尔小幅削减了雪佛龙的持仓，并增持了 grocerKroger 的股份。</blockquote></p><p> There were no changes in its two largest holdings. The company’sApplestake held steady at 887 million shares, now worth $134 billion, andBank of Americastood at 1.01 billion shares, worth $41 billion. Berkshire’s total equity holdings topped $300 billion as of June 30.</p><p><blockquote>其两大持股没有变化。该公司持有的苹果股份稳定在 8.87 亿股，目前价值 1340 亿美元，美国银行持有 10.1 亿股，价值 410 亿美元。截至 6 月 30 日，伯克希尔的总股本持有量超过 3000 亿美元。</blockquote></p><p> As for its own shares, Berkshire was a buyer, scooping up about $6 billion of stock in each of the past two quarters, or about 1% of the shares outstanding in each period.</p><p><blockquote>至于自己的股票，伯克希尔是买家，在过去两个季度中每个季度都买入了约 60 亿美元的股票，约占每个时期流通股的 1%。</blockquote></p><p> And it wasn’t the only buyer; both share classes are up about 25% this year, ahead of theS&amp;P 500index’s total return of about 20%.</p><p><blockquote>而且它并不是唯一的买家；这两类股票今年都上涨了约 25%，领先于标准普尔 500 指数约 20% 的总回报率。</blockquote></p><p> <b>Last WeekPre-Tantrum</b></p><p><blockquote><b>上周发脾气前</b></blockquote></p><p> Stock indexes finished the week in the red, with the bulk of the week’s selling coming on Tuesday and Wednesday. The S&amp;P 500,Nasdaq Composite,andDow Jones Industrial Averageeach sank close to 2% over those days. Minutes from the Federal Reserve’s monetary policy committee’s latest meeting, released on Wednesday, showed an active debate among officials about when to begin withdrawing the emergency stimulus in place since March 2020. The Fed could begin reducing its U.S. Treasury and mortgage-backed securities purchases—currently running at a combined $120 billion a month—this fall. The Dow finished the week down 1.1%, at 35,120.08; the S&amp;P lost 0.6%, to 4441.67; and the Nasdaq Composite fell 0.7%, to 14,714.66.</p><p><blockquote>股指本周收红，本周大部分抛售发生在周二和周三。标准普尔 500 指数、纳斯达克综合指数和道琼斯工业平均指数在那些日子里均下跌了近 2%。美联储货币政策委员会周三公布的最新会议纪要显示，官员们正在就何时开始撤回自2020年3月以来实施的紧急刺激措施展开激烈辩论。美联储可能会在今年秋天开始减少美国国债和抵押贷款支持证券的购买——目前每月总计1200亿美元。道琼斯指数本周收盘下跌 1.1%，至 35,120.08 点；标准普尔指数下跌0.6%，至4441.67点；纳斯达克综合指数下跌 0.7%，至 14,714.66 点。</blockquote></p><p> <b>Shop Till They Drop</b></p><p><blockquote><b>购物直到它们掉落</b></blockquote></p><p> Retailers reported their results for the May-to-July period, their second quarter. The overall picture is of consumers armed with pandemic savings and federal stimulus cash—and eager to spend it.Walmart,Target,Home Depot,Macy’s,and more topped Wall Street’s forecasts for sales and profits in the quarter. (See“Shoppers Are Crowding Malls and Bricks-and-Mortar Stores Again.”)</p><p><blockquote>零售商公布了 5 月至 7 月第二季度的业绩。总体情况是，消费者手持大流行病储蓄和联邦刺激现金，并渴望花掉这些钱.沃尔玛、塔吉特、家得宝、梅西百货等本季度的销售额和利润都超过了华尔街的预测。（参见“购物者再次涌入商场和实体店”。）</blockquote></p><p> <b>Calling All Hackers</b></p><p><blockquote><b>呼叫所有黑客</b></blockquote></p><p> Shares ofT-Mobile UScame under pressure after reports in the online publication Motherboard that customer data claiming to be from the wireless network operator’s servers was for sale online. T-Mobile later confirmed that there had been unauthorized access to some of the company’s data, including records for roughly 54 million people.</p><p><blockquote>在线出版物 Motherboard 报道称，声称来自无线网络运营商服务器的客户数据正在网上出售，这给 ofT-Mobile UScame 带来了压力。T-Mobile 随后证实，有人未经授权访问了该公司的一些数据，其中包括大约 5400 万人的记录。</blockquote></p><p> <b>Passing the Baton</b></p><p><blockquote><b>传递接力棒</b></blockquote></p><p> Johnson &amp; Johnsonannounced a surprise CEO transition. Its current chief executive, Alex Gorsky, will hand the reins to Joaquin Duato in January after nine years in charge and three decades at the company, which has a market value of nearly $500 billion. Duato, 59, is currently the vice chairman of J&amp;J’s executive committee. Gorsky, 61, will assume the post of executive chairman, a newly created role, next year.</p><p><blockquote>强生公司宣布出人意料地更换首席执行官。其现任首席执行官亚历克斯·戈尔斯基 (Alex Gorsky) 将于 1 月份将权力移交给华金·杜阿托 (Joaquin Duato)，此前他已掌管这家市值近 5000 亿美元的公司长达 9 年，并在该公司工作了 30 年。现年 59 岁的杜阿托现任强生执行委员会副主席。61岁的戈尔斯基将于明年担任新设立的执行主席一职。</blockquote></p><p> <b>Annals of Deal Making</b></p><p><blockquote><b>交易年鉴</b></blockquote></p><p> Gene-sequencing firmIlluminaclosed a $7.1 billion acquisition of Grail, which works on early cancer detection. A legal battle with the Federal Trade Commission continues…German logistics firm Deutsche Post will acquire ocean freight-forwarding company J.F. Hillebrand Group for about 1.5 billion euros ($1.8 billion) in cash…ToolmakerStanley Black &amp; Deckeragreed to pay $1.6 billion in cash for the 80% of MTD Holdings that it doesn’t already own. MTD makes lawn mowers and other outdoor power tools under the Cub Cadet and Troy-Bilt brands…BHP Groupwill merge its oil-and-gas unit withWoodside Petroleumin an all-stock deal, with its shareholders owning 48%. The miner will also shift its primary stock market listing from London to Sydney.</p><p><blockquote>基因测序公司 Firmillumina 完成了对 Grail 的 71 亿美元收购，该公司致力于早期癌症检测。与联邦贸易委员会的法律战仍在继续……德国物流公司德国邮政将收购海运代理公司J.F。Hillebrand Group 以约 15 亿欧元（18 亿美元）现金收购.工具制造商 Stanley Black &amp; Decker 同意以 16 亿美元现金收购其尚未拥有的 MTD 80% 的股份。MTD 以 Cub Cadet 和 Troy-Bilt 品牌生产割草机和其他户外电动工具……必和必拓集团将以全股票交易的形式将其石油和天然气部门与伍德赛德石油公司合并，其股东持有 48% 的股份。该矿商还将把其主要股票市场上市从伦敦转移到悉尼。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.barrons.com/articles/berkshire-hathaway-holdings-news-51629509250?siteid=yhoof2&tesla=y\">Barron's</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.barrons.com/articles/berkshire-hathaway-holdings-news-51629509250?siteid=yhoof2&tesla=y","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1176431153","content_text":"If you’ve been waiting forBerkshire Hathawayto spend a decent chunk of its $144 billion in cash and equivalents on an acquisition, you’ll have to wait a little longer—maybe a lot longer. Not only did Berkshire fail to make a significant purchase in the second quarter, but CEO Warren Buffett and his investment lieutenants, Todd Combs and Ted Weschler, were net sellers of about $1 billion of stocks in the period, according to the company’s latest 10-Q filing.\nBerkshire pared its stakes in three drug stocks—AbbVie,Bristol-Myers Squibb, andMerck—all acquired in 2020. The company also sold seven millionGeneral Motorsshares in the quarter, cutting its holding to 60 million shares, now worth $3.2 billion. Berkshire trimmed itsChevronposition slightly, and added to its stake in grocerKroger.\nThere were no changes in its two largest holdings. The company’sApplestake held steady at 887 million shares, now worth $134 billion, andBank of Americastood at 1.01 billion shares, worth $41 billion. Berkshire’s total equity holdings topped $300 billion as of June 30.\nAs for its own shares, Berkshire was a buyer, scooping up about $6 billion of stock in each of the past two quarters, or about 1% of the shares outstanding in each period.\nAnd it wasn’t the only buyer; both share classes are up about 25% this year, ahead of theS&P 500index’s total return of about 20%.\nLast WeekPre-Tantrum\nStock indexes finished the week in the red, with the bulk of the week’s selling coming on Tuesday and Wednesday. The S&P 500,Nasdaq Composite,andDow Jones Industrial Averageeach sank close to 2% over those days. Minutes from the Federal Reserve’s monetary policy committee’s latest meeting, released on Wednesday, showed an active debate among officials about when to begin withdrawing the emergency stimulus in place since March 2020. The Fed could begin reducing its U.S. Treasury and mortgage-backed securities purchases—currently running at a combined $120 billion a month—this fall. The Dow finished the week down 1.1%, at 35,120.08; the S&P lost 0.6%, to 4441.67; and the Nasdaq Composite fell 0.7%, to 14,714.66.\nShop Till They Drop\nRetailers reported their results for the May-to-July period, their second quarter. The overall picture is of consumers armed with pandemic savings and federal stimulus cash—and eager to spend it.Walmart,Target,Home Depot,Macy’s,and more topped Wall Street’s forecasts for sales and profits in the quarter. (See“Shoppers Are Crowding Malls and Bricks-and-Mortar Stores Again.”)\nCalling All Hackers\nShares ofT-Mobile UScame under pressure after reports in the online publication Motherboard that customer data claiming to be from the wireless network operator’s servers was for sale online. T-Mobile later confirmed that there had been unauthorized access to some of the company’s data, including records for roughly 54 million people.\nPassing the Baton\nJohnson & Johnsonannounced a surprise CEO transition. Its current chief executive, Alex Gorsky, will hand the reins to Joaquin Duato in January after nine years in charge and three decades at the company, which has a market value of nearly $500 billion. Duato, 59, is currently the vice chairman of J&J’s executive committee. Gorsky, 61, will assume the post of executive chairman, a newly created role, next year.\nAnnals of Deal Making\nGene-sequencing firmIlluminaclosed a $7.1 billion acquisition of Grail, which works on early cancer detection. A legal battle with the Federal Trade Commission continues…German logistics firm Deutsche Post will acquire ocean freight-forwarding company J.F. Hillebrand Group for about 1.5 billion euros ($1.8 billion) in cash…ToolmakerStanley Black & Deckeragreed to pay $1.6 billion in cash for the 80% of MTD Holdings that it doesn’t already own. MTD makes lawn mowers and other outdoor power tools under the Cub Cadet and Troy-Bilt brands…BHP Groupwill merge its oil-and-gas unit withWoodside Petroleumin an all-stock deal, with its shareholders owning 48%. The miner will also shift its primary stock market listing from London to Sydney.","news_type":1,"symbols_score_info":{}},"isVote":1,"tweetType":1,"viewCount":511,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":148237834,"gmtCreate":1625977293228,"gmtModify":1633931157174,"author":{"id":"3586255748151463","authorId":"3586255748151463","name":"indietro_","avatar":"https://static.tigerbbs.com/caebb6c2a70cbd2db563a3808f3d7b22","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3586255748151463","idStr":"3586255748151463"},"themes":[],"title":"","htmlText":"Like and comment&nbsp;","listText":"Like and comment&nbsp;","text":"Like and comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":9,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/148237834","repostId":"1112201050","repostType":4,"repost":{"id":"1112201050","kind":"news","pubTimestamp":1625966101,"share":"https://www.laohunote.com/m/news/1112201050?lang=zh_CN&edition=full","pubTime":"2021-07-11 09:15","market":"us","language":"en","title":"The Meme Stock Trade Is Far From Over. What Investors Need to Know.<blockquote>模因股票交易远未结束。投资者需要了解的内容。</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1112201050","media":"Barrons","summary":"It seemed to be only a matter of time.\nWhen GameStop (ticker: GME), BlackBerry (BB), and even the de","content":"<p>It seemed to be only a matter of time.</p><p><blockquote>这似乎只是时间问题。</blockquote></p><p> When GameStop (ticker: GME), BlackBerry (BB), and even the desiccated carcass of Blockbuster suddenly sprang to life in January, the clock was already ticking for when they would crash again. Would it be hours, days, or weeks?</p><p><blockquote>当游戏驿站（股票代码：GME）、黑莓（BB），甚至百视达的干涸尸体在一月份突然复活时，它们何时会再次坠毁的时间已经在流逝。会是几个小时、几天还是几周？</blockquote></p><p> It has now been half a year, and the core “meme stocks” are still trading at levels considered outrageous by people who have studied them for years. New names like&nbsp;Clover Health Investments(CLOV) and&nbsp;Newegg Commerce(NEGG) have recently popped up on message boards, and their stocks have popped, too.</p><p><blockquote>现在已经过去半年了，核心 “备忘录股票 ”的交易价格仍然处于研究这些股票多年的人认为离谱的水平。Clover Health Investments (CLOV) 和 Newegg Commerce (NEGG) 等新名称最近出现在留言板上，它们的股票也随之上涨。</blockquote></p><p> The collective efforts of millions of retail traders—long derided as “the dumb money”—have successfully held stocks aloft and forced naysayers to capitulate.</p><p><blockquote>数百万散户交易员--长期以来被嘲笑为 “哑巴钱 ”--的集体努力成功地让股市飙升，并迫使反对者投降。</blockquote></p><p> That is true even as the companies they are betting on have shown scant signs of transforming their businesses, or turning profits that might justify their valuations. BlackBerry burned cash in its latest quarter and warned that its key cybersecurity division would hit the low end of its revenue guidance; the stock dipped on the news but has still more than doubled in the past year.</p><p><blockquote>尽管他们押注的公司几乎没有表现出业务转型的迹象，也没有表现出足以证明其估值的利润，但情况确实如此。黑莓在最近一个季度烧钱，并警告称其关键的网络安全部门将达到收入指导的低端；消息传出后，该股下跌，但在过去一年中仍上涨了一倍多。</blockquote></p><p> While trading volume at the big brokers has come down slightly from its February peak, it remains two to three times as high as it was before the pandemic. And a startling amount of that activity is occurring in stocks favored by retail traders. The average daily value of shares traded in&nbsp;AMC Entertainment Holdings(AMC), for example, reached $13.1 billion in June, more than&nbsp;Apple’s(AAPL) $9.5 billion and Amazon.com’s (AMZN) $10.3 billion.</p><p><blockquote>虽然大型经纪商的交易量较 2 月份的峰值略有下降，但仍高于疫情爆发前的两到三倍。数量惊人的这种活动发生在散户交易者青睐的股票中。例如，AMC院线控股公司（AMC）6 月份的日均交易额达到 131 亿美元，超过了苹果（AAPL）的 95 亿美元和亚马逊（AMZN）的 103 亿美元。</blockquote></p><p> Even as the coronavirus fades in the U.S., most new traders say they are committed to the hobby they learned during lockdown—58% of day traders in a Betterment survey said they are planning to trade even more in the future, and only 12% plan to trade less. Amateur pandemic bakers have stopped kneading sourdough loaves; traders are only getting hungrier.</p><p><blockquote>即使冠状病毒在美国消退，大多数新交易者表示，他们仍然致力于他们在封锁期间学到的爱好——在一项Betterment调查中，58%的日内交易者表示，他们计划在未来进行更多的交易，只有12%的人计划减少交易。业余疫情面包师已经停止揉捏酸面团面包；交易者只会变得越来越饥饿。</blockquote></p><p> A sustained bear market would spoil such an appetite, as it did when the dot-com bubble burst. For now, dips are reasons to hold or buy.</p><p><blockquote>持续的熊市会破坏这种食欲，就像互联网泡沫破裂时一样。目前，下跌是持有或买入的理由。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/25a79e71371c165f9a3a5085931fc487\" tg-width=\"979\" tg-height=\"649\"></p><p><blockquote></blockquote></p><p> “I’ve seen that the ‘buy the dip’ sentiment hasn’t relented for a moment,” wrote Brandon Luczek, an electronics technician for the U.S. Navy who trades with friends online, in an email to&nbsp;Barron’s.</p><p><blockquote>“美国海军电子技术员布兰登-卢切克（Brandon Luczek）在给《巴伦周刊》的一封电子邮件中写道：”我看到'逢低买入'的情绪一刻也没有减弱。</blockquote></p><p> The meme stock surge has been propelled by a rise in trading by retail investors. In 2020, online brokers signed clients at a record pace, with more than 10 million people opening new accounts. That record will almost certainly be broken in 2021. Brokers had already added more than 10 million accounts less than halfway into the year, some of the top firms have disclosed.</p><p><blockquote>迷因股票飙升是由散户投资者交易的增加推动的。2020年，在线经纪商以创纪录的速度签约客户，超过1000万人开设了新账户。这一记录几乎肯定会在2021年被打破。一些顶级公司透露，在今年不到一半的时间里，经纪商已经增加了超过 1000 万个账户。</blockquote></p><p> Meme stocks are both the cart and the horse of this phenomenon. Their sudden price spikes are driven by new investors, and then that action drives even more new people to invest. Millions of people downloaded investing apps in late January and early February just to be a part of the fun. A recent&nbsp;Charles Schwab(SCHW) survey found that 15% of all current traders began investing after 2020.</p><p><blockquote>模因股票既是这种现象的推车，也是马。他们的价格突然飙升是由新投资者推动的，然后这一行动推动更多的新人投资。数百万人在 1 月底和 2 月初下载了投资应用程序，只是为了享受乐趣。嘉信理财（SCHW）最近的一项调查发现，15%的现有交易者在2020年后开始投资。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/167386c6881a258922ad62caaf7a05f4\" tg-width=\"971\" tg-height=\"644\" referrerpolicy=\"no-referrer\"><img src=\"https://static.tigerbbs.com/8e29e3041b91070252ab9063d1a11fa2\" tg-width=\"975\" tg-height=\"642\"><img src=\"https://static.tigerbbs.com/f9cc1c0bd6368721c0eca87e25719f16\" tg-width=\"964\" tg-height=\"641\"></p><p><blockquote></blockquote></p><p> The most prominent player in the surge is Robinhood, which said it had added 5.5 million funded accounts in the first quarter alone. But it isn’t alone. Fidelity, for instance, announced that it had attracted 1.6 million new customers under the age of 35 in the first quarter, 223% more than a year before.</p><p><blockquote>激增中最突出的参与者是 Robinhood，该公司表示仅在第一季度就增加了 550 万个资金账户。但它并不孤单。例如，富达宣布，第一季度吸引了 160 万 35 岁以下的新客户，比去年同期增长了 223%。</blockquote></p><p> Under pressure from Robinhood’s zero-commission model, all of the major brokers cut commissions to zero in 2019. That opened the floodgates to a new group of customers—one that may not have as much spare cash to trade but is more active and diverse than its predecessors. And the brokers are cashing in. Fidelity is hoping to attract investors before they even have driver’s licenses, allowing children as young as 13 to open trading accounts. Robinhood is riding the momentum to an initial public offering that analysts expect to value it at more than 10 times its revenue.</p><p><blockquote>在 Robinhood 零佣金模式的压力下，所有主要经纪商都在 2019 年将佣金降至零。这为新客户群体打开了闸门——他们可能没有那么多闲置现金进行交易，但比前辈更加活跃和多样化。经纪人正在套现。富达希望在投资者获得驾照之前就吸引他们，允许年仅 13 岁的儿童开设交易账户。Robinhood 正在乘势而上进行首次公开募股，分析师预计其估值将超过其收入的 10 倍。</blockquote></p><p> These new customers act differently than their older peers. For years, there was a “big gravitation toward ETFs,” says Chris Larkin, head of trading at E*Trade, which is now owned by Morgan Stanley (MS). But picking single stocks is clearly “the big story of 2021.”</p><p><blockquote>这些新客户的行为与他们的老同行不同。E*Trade 交易主管克里斯-拉金（Chris Larkin）说，多年来，“ETF 一直备受青睐”，E*Trade 现归摩根士丹利（MS）所有。但挑选个股显然是 “2021 年的大新闻”。</blockquote></p><p> To be sure, equity exchange-traded funds are still doing well, as investors around the world bet on the pandemic recovery and avoid weak bond yields.</p><p><blockquote>可以肯定的是，随着世界各地的投资者押注疫情复苏并避免疲软的债券收益率，股票交易所交易基金仍然表现良好。</blockquote></p><p></p><p> But ETFs don’t light up the message boards like stocks do. Not that it has been a one-way ride for the top names. GameStop did dip in February, and Wall Street enjoyed a moment of schadenfreude. It didn’t last.</p><p><blockquote>但 ETF 不像股票那样点亮留言板。这并不是说顶级公司的单行道。游戏驿站二月份确实下跌，华尔街享受了幸灾乐祸的时刻。它并没有持续多久。</blockquote></p><p> “Like cicadas, meme traders returned in a wild blaze of activity after being seemingly underground for several months,” wrote Steve Sosnick, chief strategist at Interactive Brokers. Sosnick believes that the meme stocks tend to trade inversely to cryptocurrencies, because their fans rotate from one to the other as the momentum shifts.</p><p><blockquote>“盈透证券（Interactive Brokers）首席策略师史蒂夫-索斯尼克（Steve Sosnick）写道：”就像蝉一样，备忘录交易者在表面上隐匿了几个月后又重新活跃起来。索斯尼克认为，模因股票的交易往往与加密货币相反，因为随着势头的变化，它们的粉丝会从一种货币转向另一种货币。</blockquote></p><p> “I don’t think it’s strictly a coincidence that meme stocks roared back to life after a significant correction in Bitcoin and other cryptocurrencies,” he wrote.</p><p><blockquote>“他写道：”我不认为，在比特币和其他加密货币大幅回调后，备忘录股票卷土重来完全是巧合。</blockquote></p><p> Sosnick considers meme stocks a “sector unto themselves,” one that he segregates on his computer monitor away from other stock tickers.</p><p><blockquote>索斯尼克认为备忘录股票是一个 “独立的板块”，他在电脑显示器上将其与其他股票代码分开。</blockquote></p><p> Indeed, Wall Street’s reaction to the meme stock revolution has been to isolate the parts of the market that the pros deem irrational. Most short sellers won’t touch the stocks, and analysts are dropping coverage.</p><p><blockquote>事实上，华尔街对备忘录股票革命的反应一直是孤立专业人士认为不理性的市场部分。大多数卖空者不会碰这些股票，分析师也在放弃报道。</blockquote></p><p> But Wall Street can’t swat the retail army away like cicadas, or count on them disappearing for the next 17 years. Stock trading has permanently shifted. This year, retail activity accounts for 24% of equity volume, up from 15% in 2019. Adherents to the new creed are not passive observers willing to let Wall Street manage the markets.</p><p><blockquote>但华尔街不能像蝉一样把零售大军赶走，也不能指望它们在未来 17 年内消失。股票交易已经发生了永久性的变化。今年，零售活动占股本量的 24%，高于 2019 年的 15%。新信条的追随者不是愿意让华尔街管理市场的被动观察者。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/710e642d3b685b74f8c9dcaf46ef3e0b\" tg-width=\"968\" tg-height=\"643\"></p><p><blockquote></blockquote></p><p> “What this really reflects is a reversal of the trends that we saw toward less and less engagement with individual companies,” says Joshua Mitts, a professor at Columbia Law School specializing in securities markets. “Technology is bringing the average investor closer to the companies in which he or she invests, and that’s just taking on new and unpredictable forms.”</p><p><blockquote>“哥伦比亚法学院（Columbia Law School）专门研究证券市场的教授约书亚-米茨（Joshua Mitts）说：”这实际上反映了我们所看到的趋势的逆转，即与个别公司的接触越来越少。“技术正在拉近普通投资者与他或她所投资的公司的距离，而这只是以新的、不可预测的形式出现。”</blockquote></p><p> The swings you get can definitely make you feel some sort of way.</p><p><blockquote>你得到的秋千肯定会让你有某种感觉。</blockquote></p><p> — Matt Kohrs, 26, who streams stock analysis daily on YouTube</p><p><blockquote>— Matt Kohrs，26 岁，每天在 YouTube 上直播股票分析</blockquote></p><p> It is now changing the lives of those who got in early and are still riding the names higher.</p><p><blockquote>它现在正在改变那些早早加入的人的生活，并且仍然在更高的名字上。</blockquote></p><p> Take Matt Kohrs, who had invested in AMC Entertainment early. He quit his job as a programmer in New York in February, moved to Philadelphia, and started streaming&nbsp;stock analysis on YouTube&nbsp;for seven hours a day.</p><p><blockquote>以马特·科尔斯为例，他很早就投资了AMC院线。今年2月，他辞去了纽约程序员的工作，搬到了费城，并开始在YouTube上每天7个小时直播股票分析。</blockquote></p><p> With 350,000 YouTube followers, it’s paying the bills. With his earnings from ads and from the stock, Kohrs says he can pull down roughly the same salary he made before. But he also knows that relying on earnings from stocks like this is nothing like a 9-to-5 job.</p><p><blockquote>YouTube 拥有 35 万粉丝，它正在支付账单。科尔斯说，凭借广告和股票的收入，他可以拿到与以前大致相同的工资。但他也知道，像这样依赖股票收益与朝九晚五的工作完全不同。</blockquote></p><p> “The swings you get can definitely make you feel some sort of way,” he says.</p><p><blockquote>“他说：”你得到的秋千肯定会让你有某种感觉。</blockquote></p><p> Companies are starting to react more aggressively, too. They are either embracing their new owners or paying meme-ologists to understand the emoji-filled language of the new Wall Street so they can ward them off or appease them.</p><p><blockquote>公司也开始做出更积极的反应。他们要么拥抱他们的新主人，要么付钱给迷因学家来理解新华尔街充满表情符号的语言，这样他们就可以阻止他们或安抚他们。</blockquote></p><p> AMC even canceled a proposed equity raise this past week because the company apparently didn’t like the vibes it was getting from the Reddit crowd. AMC has already quintupled its share count over the past year. CEO Adam Aron tweeted that he had seen “many yes, many no” reactions to his proposal to issue 25 million more shares, so it will be canceled instead of being presented for a vote at AMC’s annual meeting later this month. The company did not respond to a question on how it had polled shareholders.</p><p><blockquote>AMC 甚至在上周取消了一项拟议的股权融资，因为该公司显然不喜欢 Reddit 人群的反响。过去一年，AMC 的股票数量已经增加了五倍。首席执行官亚当-阿伦（Adam Aron）在推特上表示，他看到了 “许多人赞成，许多人反对 ”对他增发 2500 万股股票的提议的反应，因此该提议将被取消，而不是在本月晚些时候的 AMC 年会上进行表决。该公司没有回答有关如何调查股东的问题。</blockquote></p><p> Forget the boardroom. Corporate policy is now being determined in the chat room.</p><p><blockquote>忘了会议室吧。公司政策现在正在聊天室里决定。</blockquote></p><p> Big investors are spending more time tracking social-media discussions about stocks. Bank of America found in a survey this year that about 25% of institutions had already been tracking social-media sentiment, but that about 40% are interested in using it going forward.</p><p><blockquote>大投资者正在花费更多时间跟踪社交媒体上有关股票的讨论。美国银行在今年的一项调查中发现，大约25%的机构已经在跟踪社交媒体情绪，但大约40%的机构有兴趣在未来使用它。</blockquote></p><p> In the past few months, Bank of America, Morgan Stanley, and J.P. Morgan have all produced reports on how to trade around the retail action, coming to somewhat different conclusions.</p><p><blockquote>在过去的几个月里，美国银行、摩根士丹利和摩根大通都发布了关于如何围绕零售行动进行交易的报告，得出了有些不同的结论。</blockquote></p><p> There can be “alpha in the signal,” as Morgan Stanley put it, but it can take some intense number-crunching to get there. Not all message-board chatter leads to sustained price gains, of course, and retail order flow cannot easily be separated from institutional flow without substantial data analysis. For investors with the tools to pinpoint which stocks retail investors are buying and which they are selling, J.P. Morgan suggests going long on the 20% of stocks with the most buying interest and short on the top 20% in selling interest.</p><p><blockquote>正如摩根士丹利所说，信号中可能存在 “阿尔法”，但要实现这一目标可能需要一些紧张的数字运算。当然，并不是所有的留言板聊天都会导致价格持续上涨，如果没有大量的数据分析，零售订单流很难与机构流分开。对于拥有工具来确定散户投资者正在购买哪些股票和正在出售哪些股票的投资者来说，摩根大通建议做多买入兴趣最高的 20% 的股票，做空卖出兴趣最高的 20% 的股票。</blockquote></p><p> For now, many of the institutions buying data on social-media sentiment appear to be trying to reduce their risks, as opposed to scouting new opportunities, according to Boris Spiwak of alternative data firm Thinknum, which offers products that track social-media sentiment. “They see it as almost like an insurance policy, to limit their downside risks,” he says.</p><p><blockquote>提供跟踪社交媒体情绪产品的另类数据公司Thinknum的鲍里斯·斯皮瓦克(Boris Spiwak)表示，目前，许多购买社交媒体情绪数据的机构似乎都在试图降低风险，而不是寻找新的机会。“他说：”他们认为这几乎就像一份保险，以限制他们的下行风险。</blockquote></p><p></p><p> For retail traders, the method isn’t always scientific. The action is sustained by a community ethos. And the force behind it is as much emotional and moral as financial.</p><p><blockquote>对于零售商来说，这种方法并不总是科学的。这一行动是由社区精神支撑的。其背后的力量既是情感上的，也是道德上的，也是经济上的。</blockquote></p><p> New investors say they are motivated by a desire to prove themselves and punish the old guard as much as by profits. They learn from one another about the market, sometimes amplifying or debunking conspiracy theories about Wall Street. Some link the meme-stock movement to continued mistrust of big financial institutions stemming from the 2008 financial crisis.</p><p><blockquote>新投资者表示，他们的动机是希望证明自己，并像利润一样惩罚保守派。他们互相学习市场，有时会放大或揭穿关于华尔街的阴谋论。一些人将模因股票运动与2008年金融危机引发的对大型金融机构的持续不信任联系起来。</blockquote></p><p> “Wall Street brought our economy to its knees, and no one ever got in trouble for it,” says the 26-year-old Kohrs. “So, I think they view this as not only can we make money, but we can also make these hedge funds on Wall Street pay.”</p><p><blockquote>“26 岁的科尔斯说：”华尔街让我们的经济陷入困境，但没有人因此惹上麻烦。“所以，我认为他们认为我们不仅可以赚钱，还可以让华尔街的这些对冲基金付钱。”</blockquote></p><p> Claire Hirschberg is a 28-year-old union organizer who bought about $50 worth of GameStop stock on Robinhood in January after hearing about it from friends. She liked the idea, but what really got her excited about it was the reaction of her father, a longtime money manager. “He was so mad I had bought GameStop and was refusing to sell,” she says, laughing. “And that just makes me want to hold it forever.”</p><p><blockquote>克莱尔·赫希伯格 (Claire Hirschberg) 是一名 28 岁的工会组织者，她在 1 月份从朋友那里听说 Robinhood 上购买了价值约 50 美元的游戏驿站股票。她喜欢这个想法，但真正让她兴奋的是她父亲的反应，他是一名长期的资金经理。“她笑着说：”他很生气我买了游戏驿站，还不肯卖。“这让我想永远拿着它。”</blockquote></p><p> Just like old Wall Street has rituals and codes, the new one does, too. A new investment banking employee learns quickly that you don’t wear a Ferragamo tie until after you make associate. You never leave the office until the managing director does, and you don’t complain about the hours. And the bad guys are the regulators and Sen. Elizabeth Warren, and not in that order.</p><p><blockquote>就像老华尔街有仪式和准则一样，新华尔街也有。一位新的投资银行员工很快就会知道，在你成为合伙人之前，你不会打菲拉格慕领带。在总经理离开之前，你从不离开办公室，你也不会抱怨工作时间。坏人是监管者和参议员伊丽莎白·沃伦，而且不是按顺序。</blockquote></p><p> The new trading desk—the apps that millions of retail traders now use and the message boards where they congregate—have unspoken rules, too. Publicly acknowledging financial losses is a valiant act, evidence of internal fortitude and belief in the group. You don’t take yourself seriously and you don’t police language. You are part of an army of “apes” or “retards.” You hold through the crashes, even if it means you might lose everything. And the bad guys are the short sellers, the market makers, and the Wall Street elites, in that order.</p><p><blockquote>新的交易台——数百万散户交易者现在使用的应用程序和他们聚集的留言板——也有潜规则。公开承认财务损失是一种勇敢的行为，是内部坚韧和对本集团信念的证明。你不把自己当回事，也不规范语言。你是 “猿类 ”或 “弱智 ”大军的一员。你坚持住，即使这意味着你可能会失去一切。坏人依次是卖空者、做市商和华尔街精英。</blockquote></p><p> The group action is not just for moral support. The trading strategy depends on people keeping up the buying pressure to force a short squeeze or to buy bullish options that trigger what’s known as a gamma squeeze.</p><p><blockquote>集体行动不仅仅是为了精神支持。交易策略取决于人们保持买入压力，迫使做空，或买入看涨期权，从而引发所谓的伽马挤压。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/75d79c78a14cc8f297e17397cc54bdb5\" tg-width=\"1260\" tg-height=\"840\"><span>Keith Gill became the face of the Reddit army of retail traders pushing shares of GameStop higher when he appeared virtually before a House Financial Services Committee hearing in February.</span></p><p><blockquote><p class=\"t-img-caption\"><span>基思·吉尔 (Keith Gill) 在二月份众议院金融服务委员会听证会上虚拟露面，成为 Reddit 散户交易员大军推高游戏驿站股价的代言人。</span></p></blockquote></p><p> Many short sellers say they won’t touch these stocks anymore. But clearly, others aren’t taking that advice and are giving the meme movement oxygen by repeatedly betting against the stocks. AMC’s short interest was at 17% of the stock’s float in mid-June, down from 28% in January, but not by much.</p><p><blockquote>许多卖空者表示，他们不会再碰这些股票了。但显然，其他人并没有采纳这一建议，而是通过反复做空股票来给备忘录运动注入氧气。6 月中旬，AMC 的空头权益占该股流通量的 17%，低于 1 月份的 28%，但降幅不大。</blockquote></p><p> As the price rises, the shorts can’t help themselves. They start “drooling, with flames coming out of their ears,” says Michael Pachter, a Wedbush Securities analyst who has covered GameStop for years. “What’s kind of shocked me is the definition of insanity, which is doing the same thing over and over and over again and hoping for a different outcome each time, and the shorts keep coming back,” he says. “And [GameStop bull] Keith Gill and his Reddit raiders keep squeezing them, and it keeps working.”</p><p><blockquote>随着价格上涨，空头们也控制不住自己。多年来一直关注游戏驿站的韦德布什证券分析师迈克尔-帕切特（Michael Pachter）说，他们开始 “流口水，耳朵里冒出火焰”。“他说：”让我感到震惊的是精神错乱的定义，就是一遍又一遍地做同样的事情，每次都希望有不同的结果，而空头却不断出现。“[游戏驿站公牛]基思-吉尔（Keith Gill）和他的 Reddit raiders 一直在挤压他们，而且一直在起作用。”</blockquote></p><p> To beat the short sellers, the Reddit crowd needs to hold together, but the community has been showing cracks at times. The two meme stocks with the most determined fan bases—GameStop and AMC—still have enormous armies of core believers who do not seem easily swayed. But other names seem to have more-fickle backers. Several stocks caught up in the meme madness have come crashing down to earth.Bed Bath &amp; Beyond(BBBY) spiked twice—in late January and early June—but now trades only slightly above its mid-January levels. People who bought during the upswings have lost money.</p><p><blockquote>为了击败卖空者，Reddit 人群需要团结起来，但该社区有时会出现裂缝。拥有最坚定粉丝群的两只模因股票——游戏驿站和 AMC——仍然拥有庞大的核心信徒大军，他们似乎不容易动摇。但其他名字似乎有更善变的支持者。几只陷入迷因疯狂的股票已经崩溃。 Bed Bath &amp; Beyond (BBBY) 在 1 月底和 6 月初两次飙升，但现在的交易价格仅略高于 1 月中旬的水平。在上涨期间买入的人已经赔钱了。</blockquote></p><p> Distrust has spread, and some traders worry that wallstreetbets— the original Reddit message board that inspired the GameStop frenzy—has grown so fast that it has lost its original spirit, and potentially grown vulnerable to manipulation. Some have moved to other message boards, like r/superstonk, in hopes of reclaiming the old community’s flavor.</p><p><blockquote>不信任已经蔓延，一些交易员担心 wallstreetbets——激发游戏驿站狂热的最初 Reddit 留言板——发展如此之快，以至于它已经失去了最初的精神，并可能变得容易受到操纵。有些人搬到了其他留言板，如 r/superstonk，希望能重现老社区的风味。</blockquote></p><p> Travis Rehl, the founder of social-media tracking company Hype Equity, says that he tries to separate possible manipulators from more organic investor sentiment. Hype Equity is usually hired by public-relations firms representing companies that are being talked about online, he says. Now, he sees a growing trend of stocks that suddenly come up on message boards, receive positive chatter, and then disappear.</p><p><blockquote>社交媒体跟踪公司 Hype Equity 的创始人特拉维斯·雷尔 (Travis Rehl) 表示，他试图将可能的操纵者与更有机的投资者情绪区分开来。他说，炒作股权通常由代表网上谈论的公司的公关公司雇佣。现在，他看到了一种不断增长的趋势，即股票突然出现在留言板上，收到积极的聊天，然后消失。</blockquote></p><p></p><p> “It’s called into question what is a true discussion versus what is something that somebody just wants to pump,” he says. The moderators of wallstreetbets forbid market manipulation on the platform, and Rehl say they appear to work hard to police misinformation. The moderators did not respond to a request from&nbsp;Barron’s&nbsp;for comment.</p><p><blockquote>“他说：”这让人怀疑什么是真正的讨论，什么是某人只想炒作的东西。wallstreetbets 的版主禁止在该平台上操纵市场，Rehl 表示，他们似乎正在努力遏制错误信息。主持人没有回应《巴伦周刊》的置评请求。</blockquote></p><p> “If you can create enough buzz to get a stock that goes up 10%, 20%, even 50% in a short period of time, there’s a tremendous incentive to do that,” Sosnick says.</p><p><blockquote>“索斯尼克说：”如果你能制造足够的轰动效应，让一只股票在短时间内上涨 10%、20%，甚至 50%，那么你就有巨大的动力去做这件事。</blockquote></p><p> The Securities and Exchange Commission is watching for funny business on the message boards. SEC Chairman Gary Gensler and some members of Congress have discussed changing market rules with the intention of adding transparency protecting retail traders—although changes could also anger the retail crowd if they slow down trading or make it more expensive.</p><p><blockquote>美国证券交易委员会正在关注留言板上的有趣交易。美国证券交易委员会主席加里·詹斯勒（Gary Gensler）和一些国会议员讨论了改变市场规则，目的是增加保护散户交易者的透明度——尽管如果这些变化减缓交易速度或使交易成本更高，也可能激怒零售人群。</blockquote></p><p> Regulations aren’t the only thing that could deflate this trend. Dan Egan, vice president of behavioral finance and investing at fintech Betterment, thinks the momentum may run out of steam in September. Even “apes” have responsibilities. “Kids start going back to schools; parents are free to go to work again,” he says. “That’s the next time there’s going to be some oxygen pulled out of the room.”</p><p><blockquote>监管并不是唯一能遏制这一趋势的因素。fintech Betterment 行为金融和投资副总裁丹·伊根 (Dan Egan) 认为，这种势头可能会在 9 月份耗尽。即使是 “猿猴 ”也有责任。“他说：”孩子们开始重返校园；家长们也可以自由地再次上班了。“那是下一次从房间里抽出氧气的时候了。”</blockquote></p><p> Traditional investors may be tempted to write off the entire phenomenon as temporary madness inspired by lockdowns and free government money. But that would be a mistake. If zero-commission brokerages and fun with GameStop broke down barriers for millions of new investors to open accounts, it’s almost certainly a good thing, as long as most people bet with money they don’t need immediately. Many new retail traders say they are teaching themselves how to trade, and have begun to diversify their holdings.</p><p><blockquote>传统投资者可能会倾向于将整个现象视为由封锁和免费政府资金引发的暂时疯狂。但那将是一个错误。如果零佣金经纪和游戏驿站乐趣打破了数百万新投资者开户的障碍，那么只要大多数人用他们并不立即需要的钱下注，这几乎肯定是一件好事。许多新零售商表示，他们正在自学如何交易，并开始分散持股。</blockquote></p><p> In one form or another, this is the future client base of Wall Street.</p><p><blockquote>无论如何，这是华尔街未来的客户群。</blockquote></p><p> Arizona State University professor Hendrik Bessembinder published groundbreaking&nbsp;research&nbsp;in 2018 that found that “a randomly selected stock in a randomly selected month is more likely to lose money than make money.” In short, picking single stocks and holding a concentrated portfolio tends to be a losing strategy.</p><p><blockquote>亚利桑那州立大学教授亨德里克-贝森宾德（Hendrik Bessembinder）在2018年发表了一项开创性的研究，发现“在随机选择的月份随机选择的股票，亏损的可能性大于赚钱的可能性”。简而言之，挑选单只股票并持有集中投资组合往往是一种失败的策略。</blockquote></p><p> Even so, he’s encouraged by the new wave of trading. “I welcome the increase in retail trading, the idea of the stock market being a place with wide participation,” Bessembinder says. “Economists can’t tell people they shouldn’t get some fun.”</p><p><blockquote>即便如此，他还是对新一波交易感到鼓舞。“贝森宾德说：”我欢迎零售交易的增加，欢迎股票市场成为一个广泛参与的地方。“经济学家不能告诉人们他们不应该找点乐子”。</blockquote></p><p></p>","source":"lsy1601382232898","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>The Meme Stock Trade Is Far From Over. What Investors Need to Know.<blockquote>模因股票交易远未结束。投资者需要了解的内容。</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nThe Meme Stock Trade Is Far From Over. What Investors Need to Know.<blockquote>模因股票交易远未结束。投资者需要了解的内容。</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Barrons</strong><span class=\"h-time small\">2021-07-11 09:15</span>\n</p>\n</h4>\n</header>\n<article>\n<p>It seemed to be only a matter of time.</p><p><blockquote>这似乎只是时间问题。</blockquote></p><p> When GameStop (ticker: GME), BlackBerry (BB), and even the desiccated carcass of Blockbuster suddenly sprang to life in January, the clock was already ticking for when they would crash again. Would it be hours, days, or weeks?</p><p><blockquote>当游戏驿站（股票代码：GME）、黑莓（BB），甚至百视达的干涸尸体在一月份突然复活时，它们何时会再次坠毁的时间已经在流逝。会是几个小时、几天还是几周？</blockquote></p><p> It has now been half a year, and the core “meme stocks” are still trading at levels considered outrageous by people who have studied them for years. New names like&nbsp;Clover Health Investments(CLOV) and&nbsp;Newegg Commerce(NEGG) have recently popped up on message boards, and their stocks have popped, too.</p><p><blockquote>现在已经过去半年了，核心 “备忘录股票 ”的交易价格仍然处于研究这些股票多年的人认为离谱的水平。Clover Health Investments (CLOV) 和 Newegg Commerce (NEGG) 等新名称最近出现在留言板上，它们的股票也随之上涨。</blockquote></p><p> The collective efforts of millions of retail traders—long derided as “the dumb money”—have successfully held stocks aloft and forced naysayers to capitulate.</p><p><blockquote>数百万散户交易员--长期以来被嘲笑为 “哑巴钱 ”--的集体努力成功地让股市飙升，并迫使反对者投降。</blockquote></p><p> That is true even as the companies they are betting on have shown scant signs of transforming their businesses, or turning profits that might justify their valuations. BlackBerry burned cash in its latest quarter and warned that its key cybersecurity division would hit the low end of its revenue guidance; the stock dipped on the news but has still more than doubled in the past year.</p><p><blockquote>尽管他们押注的公司几乎没有表现出业务转型的迹象，也没有表现出足以证明其估值的利润，但情况确实如此。黑莓在最近一个季度烧钱，并警告称其关键的网络安全部门将达到收入指导的低端；消息传出后，该股下跌，但在过去一年中仍上涨了一倍多。</blockquote></p><p> While trading volume at the big brokers has come down slightly from its February peak, it remains two to three times as high as it was before the pandemic. And a startling amount of that activity is occurring in stocks favored by retail traders. The average daily value of shares traded in&nbsp;AMC Entertainment Holdings(AMC), for example, reached $13.1 billion in June, more than&nbsp;Apple’s(AAPL) $9.5 billion and Amazon.com’s (AMZN) $10.3 billion.</p><p><blockquote>虽然大型经纪商的交易量较 2 月份的峰值略有下降，但仍高于疫情爆发前的两到三倍。数量惊人的这种活动发生在散户交易者青睐的股票中。例如，AMC院线控股公司（AMC）6 月份的日均交易额达到 131 亿美元，超过了苹果（AAPL）的 95 亿美元和亚马逊（AMZN）的 103 亿美元。</blockquote></p><p> Even as the coronavirus fades in the U.S., most new traders say they are committed to the hobby they learned during lockdown—58% of day traders in a Betterment survey said they are planning to trade even more in the future, and only 12% plan to trade less. Amateur pandemic bakers have stopped kneading sourdough loaves; traders are only getting hungrier.</p><p><blockquote>即使冠状病毒在美国消退，大多数新交易者表示，他们仍然致力于他们在封锁期间学到的爱好——在一项Betterment调查中，58%的日内交易者表示，他们计划在未来进行更多的交易，只有12%的人计划减少交易。业余疫情面包师已经停止揉捏酸面团面包；交易者只会变得越来越饥饿。</blockquote></p><p> A sustained bear market would spoil such an appetite, as it did when the dot-com bubble burst. For now, dips are reasons to hold or buy.</p><p><blockquote>持续的熊市会破坏这种食欲，就像互联网泡沫破裂时一样。目前，下跌是持有或买入的理由。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/25a79e71371c165f9a3a5085931fc487\" tg-width=\"979\" tg-height=\"649\"></p><p><blockquote></blockquote></p><p> “I’ve seen that the ‘buy the dip’ sentiment hasn’t relented for a moment,” wrote Brandon Luczek, an electronics technician for the U.S. Navy who trades with friends online, in an email to&nbsp;Barron’s.</p><p><blockquote>“美国海军电子技术员布兰登-卢切克（Brandon Luczek）在给《巴伦周刊》的一封电子邮件中写道：”我看到'逢低买入'的情绪一刻也没有减弱。</blockquote></p><p> The meme stock surge has been propelled by a rise in trading by retail investors. In 2020, online brokers signed clients at a record pace, with more than 10 million people opening new accounts. That record will almost certainly be broken in 2021. Brokers had already added more than 10 million accounts less than halfway into the year, some of the top firms have disclosed.</p><p><blockquote>迷因股票飙升是由散户投资者交易的增加推动的。2020年，在线经纪商以创纪录的速度签约客户，超过1000万人开设了新账户。这一记录几乎肯定会在2021年被打破。一些顶级公司透露，在今年不到一半的时间里，经纪商已经增加了超过 1000 万个账户。</blockquote></p><p> Meme stocks are both the cart and the horse of this phenomenon. Their sudden price spikes are driven by new investors, and then that action drives even more new people to invest. Millions of people downloaded investing apps in late January and early February just to be a part of the fun. A recent&nbsp;Charles Schwab(SCHW) survey found that 15% of all current traders began investing after 2020.</p><p><blockquote>模因股票既是这种现象的推车，也是马。他们的价格突然飙升是由新投资者推动的，然后这一行动推动更多的新人投资。数百万人在 1 月底和 2 月初下载了投资应用程序，只是为了享受乐趣。嘉信理财（SCHW）最近的一项调查发现，15%的现有交易者在2020年后开始投资。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/167386c6881a258922ad62caaf7a05f4\" tg-width=\"971\" tg-height=\"644\" referrerpolicy=\"no-referrer\"><img src=\"https://static.tigerbbs.com/8e29e3041b91070252ab9063d1a11fa2\" tg-width=\"975\" tg-height=\"642\"><img src=\"https://static.tigerbbs.com/f9cc1c0bd6368721c0eca87e25719f16\" tg-width=\"964\" tg-height=\"641\"></p><p><blockquote></blockquote></p><p> The most prominent player in the surge is Robinhood, which said it had added 5.5 million funded accounts in the first quarter alone. But it isn’t alone. Fidelity, for instance, announced that it had attracted 1.6 million new customers under the age of 35 in the first quarter, 223% more than a year before.</p><p><blockquote>激增中最突出的参与者是 Robinhood，该公司表示仅在第一季度就增加了 550 万个资金账户。但它并不孤单。例如，富达宣布，第一季度吸引了 160 万 35 岁以下的新客户，比去年同期增长了 223%。</blockquote></p><p> Under pressure from Robinhood’s zero-commission model, all of the major brokers cut commissions to zero in 2019. That opened the floodgates to a new group of customers—one that may not have as much spare cash to trade but is more active and diverse than its predecessors. And the brokers are cashing in. Fidelity is hoping to attract investors before they even have driver’s licenses, allowing children as young as 13 to open trading accounts. Robinhood is riding the momentum to an initial public offering that analysts expect to value it at more than 10 times its revenue.</p><p><blockquote>在 Robinhood 零佣金模式的压力下，所有主要经纪商都在 2019 年将佣金降至零。这为新客户群体打开了闸门——他们可能没有那么多闲置现金进行交易，但比前辈更加活跃和多样化。经纪人正在套现。富达希望在投资者获得驾照之前就吸引他们，允许年仅 13 岁的儿童开设交易账户。Robinhood 正在乘势而上进行首次公开募股，分析师预计其估值将超过其收入的 10 倍。</blockquote></p><p> These new customers act differently than their older peers. For years, there was a “big gravitation toward ETFs,” says Chris Larkin, head of trading at E*Trade, which is now owned by Morgan Stanley (MS). But picking single stocks is clearly “the big story of 2021.”</p><p><blockquote>这些新客户的行为与他们的老同行不同。E*Trade 交易主管克里斯-拉金（Chris Larkin）说，多年来，“ETF 一直备受青睐”，E*Trade 现归摩根士丹利（MS）所有。但挑选个股显然是 “2021 年的大新闻”。</blockquote></p><p> To be sure, equity exchange-traded funds are still doing well, as investors around the world bet on the pandemic recovery and avoid weak bond yields.</p><p><blockquote>可以肯定的是，随着世界各地的投资者押注疫情复苏并避免疲软的债券收益率，股票交易所交易基金仍然表现良好。</blockquote></p><p></p><p> But ETFs don’t light up the message boards like stocks do. Not that it has been a one-way ride for the top names. GameStop did dip in February, and Wall Street enjoyed a moment of schadenfreude. It didn’t last.</p><p><blockquote>但 ETF 不像股票那样点亮留言板。这并不是说顶级公司的单行道。游戏驿站二月份确实下跌，华尔街享受了幸灾乐祸的时刻。它并没有持续多久。</blockquote></p><p> “Like cicadas, meme traders returned in a wild blaze of activity after being seemingly underground for several months,” wrote Steve Sosnick, chief strategist at Interactive Brokers. Sosnick believes that the meme stocks tend to trade inversely to cryptocurrencies, because their fans rotate from one to the other as the momentum shifts.</p><p><blockquote>“盈透证券（Interactive Brokers）首席策略师史蒂夫-索斯尼克（Steve Sosnick）写道：”就像蝉一样，备忘录交易者在表面上隐匿了几个月后又重新活跃起来。索斯尼克认为，模因股票的交易往往与加密货币相反，因为随着势头的变化，它们的粉丝会从一种货币转向另一种货币。</blockquote></p><p> “I don’t think it’s strictly a coincidence that meme stocks roared back to life after a significant correction in Bitcoin and other cryptocurrencies,” he wrote.</p><p><blockquote>“他写道：”我不认为，在比特币和其他加密货币大幅回调后，备忘录股票卷土重来完全是巧合。</blockquote></p><p> Sosnick considers meme stocks a “sector unto themselves,” one that he segregates on his computer monitor away from other stock tickers.</p><p><blockquote>索斯尼克认为备忘录股票是一个 “独立的板块”，他在电脑显示器上将其与其他股票代码分开。</blockquote></p><p> Indeed, Wall Street’s reaction to the meme stock revolution has been to isolate the parts of the market that the pros deem irrational. Most short sellers won’t touch the stocks, and analysts are dropping coverage.</p><p><blockquote>事实上，华尔街对备忘录股票革命的反应一直是孤立专业人士认为不理性的市场部分。大多数卖空者不会碰这些股票，分析师也在放弃报道。</blockquote></p><p> But Wall Street can’t swat the retail army away like cicadas, or count on them disappearing for the next 17 years. Stock trading has permanently shifted. This year, retail activity accounts for 24% of equity volume, up from 15% in 2019. Adherents to the new creed are not passive observers willing to let Wall Street manage the markets.</p><p><blockquote>但华尔街不能像蝉一样把零售大军赶走，也不能指望它们在未来 17 年内消失。股票交易已经发生了永久性的变化。今年，零售活动占股本量的 24%，高于 2019 年的 15%。新信条的追随者不是愿意让华尔街管理市场的被动观察者。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/710e642d3b685b74f8c9dcaf46ef3e0b\" tg-width=\"968\" tg-height=\"643\"></p><p><blockquote></blockquote></p><p> “What this really reflects is a reversal of the trends that we saw toward less and less engagement with individual companies,” says Joshua Mitts, a professor at Columbia Law School specializing in securities markets. “Technology is bringing the average investor closer to the companies in which he or she invests, and that’s just taking on new and unpredictable forms.”</p><p><blockquote>“哥伦比亚法学院（Columbia Law School）专门研究证券市场的教授约书亚-米茨（Joshua Mitts）说：”这实际上反映了我们所看到的趋势的逆转，即与个别公司的接触越来越少。“技术正在拉近普通投资者与他或她所投资的公司的距离，而这只是以新的、不可预测的形式出现。”</blockquote></p><p> The swings you get can definitely make you feel some sort of way.</p><p><blockquote>你得到的秋千肯定会让你有某种感觉。</blockquote></p><p> — Matt Kohrs, 26, who streams stock analysis daily on YouTube</p><p><blockquote>— Matt Kohrs，26 岁，每天在 YouTube 上直播股票分析</blockquote></p><p> It is now changing the lives of those who got in early and are still riding the names higher.</p><p><blockquote>它现在正在改变那些早早加入的人的生活，并且仍然在更高的名字上。</blockquote></p><p> Take Matt Kohrs, who had invested in AMC Entertainment early. He quit his job as a programmer in New York in February, moved to Philadelphia, and started streaming&nbsp;stock analysis on YouTube&nbsp;for seven hours a day.</p><p><blockquote>以马特·科尔斯为例，他很早就投资了AMC院线。今年2月，他辞去了纽约程序员的工作，搬到了费城，并开始在YouTube上每天7个小时直播股票分析。</blockquote></p><p> With 350,000 YouTube followers, it’s paying the bills. With his earnings from ads and from the stock, Kohrs says he can pull down roughly the same salary he made before. But he also knows that relying on earnings from stocks like this is nothing like a 9-to-5 job.</p><p><blockquote>YouTube 拥有 35 万粉丝，它正在支付账单。科尔斯说，凭借广告和股票的收入，他可以拿到与以前大致相同的工资。但他也知道，像这样依赖股票收益与朝九晚五的工作完全不同。</blockquote></p><p> “The swings you get can definitely make you feel some sort of way,” he says.</p><p><blockquote>“他说：”你得到的秋千肯定会让你有某种感觉。</blockquote></p><p> Companies are starting to react more aggressively, too. They are either embracing their new owners or paying meme-ologists to understand the emoji-filled language of the new Wall Street so they can ward them off or appease them.</p><p><blockquote>公司也开始做出更积极的反应。他们要么拥抱他们的新主人，要么付钱给迷因学家来理解新华尔街充满表情符号的语言，这样他们就可以阻止他们或安抚他们。</blockquote></p><p> AMC even canceled a proposed equity raise this past week because the company apparently didn’t like the vibes it was getting from the Reddit crowd. AMC has already quintupled its share count over the past year. CEO Adam Aron tweeted that he had seen “many yes, many no” reactions to his proposal to issue 25 million more shares, so it will be canceled instead of being presented for a vote at AMC’s annual meeting later this month. The company did not respond to a question on how it had polled shareholders.</p><p><blockquote>AMC 甚至在上周取消了一项拟议的股权融资，因为该公司显然不喜欢 Reddit 人群的反响。过去一年，AMC 的股票数量已经增加了五倍。首席执行官亚当-阿伦（Adam Aron）在推特上表示，他看到了 “许多人赞成，许多人反对 ”对他增发 2500 万股股票的提议的反应，因此该提议将被取消，而不是在本月晚些时候的 AMC 年会上进行表决。该公司没有回答有关如何调查股东的问题。</blockquote></p><p> Forget the boardroom. Corporate policy is now being determined in the chat room.</p><p><blockquote>忘了会议室吧。公司政策现在正在聊天室里决定。</blockquote></p><p> Big investors are spending more time tracking social-media discussions about stocks. Bank of America found in a survey this year that about 25% of institutions had already been tracking social-media sentiment, but that about 40% are interested in using it going forward.</p><p><blockquote>大投资者正在花费更多时间跟踪社交媒体上有关股票的讨论。美国银行在今年的一项调查中发现，大约25%的机构已经在跟踪社交媒体情绪，但大约40%的机构有兴趣在未来使用它。</blockquote></p><p> In the past few months, Bank of America, Morgan Stanley, and J.P. Morgan have all produced reports on how to trade around the retail action, coming to somewhat different conclusions.</p><p><blockquote>在过去的几个月里，美国银行、摩根士丹利和摩根大通都发布了关于如何围绕零售行动进行交易的报告，得出了有些不同的结论。</blockquote></p><p> There can be “alpha in the signal,” as Morgan Stanley put it, but it can take some intense number-crunching to get there. Not all message-board chatter leads to sustained price gains, of course, and retail order flow cannot easily be separated from institutional flow without substantial data analysis. For investors with the tools to pinpoint which stocks retail investors are buying and which they are selling, J.P. Morgan suggests going long on the 20% of stocks with the most buying interest and short on the top 20% in selling interest.</p><p><blockquote>正如摩根士丹利所说，信号中可能存在 “阿尔法”，但要实现这一目标可能需要一些紧张的数字运算。当然，并不是所有的留言板聊天都会导致价格持续上涨，如果没有大量的数据分析，零售订单流很难与机构流分开。对于拥有工具来确定散户投资者正在购买哪些股票和正在出售哪些股票的投资者来说，摩根大通建议做多买入兴趣最高的 20% 的股票，做空卖出兴趣最高的 20% 的股票。</blockquote></p><p> For now, many of the institutions buying data on social-media sentiment appear to be trying to reduce their risks, as opposed to scouting new opportunities, according to Boris Spiwak of alternative data firm Thinknum, which offers products that track social-media sentiment. “They see it as almost like an insurance policy, to limit their downside risks,” he says.</p><p><blockquote>提供跟踪社交媒体情绪产品的另类数据公司Thinknum的鲍里斯·斯皮瓦克(Boris Spiwak)表示，目前，许多购买社交媒体情绪数据的机构似乎都在试图降低风险，而不是寻找新的机会。“他说：”他们认为这几乎就像一份保险，以限制他们的下行风险。</blockquote></p><p></p><p> For retail traders, the method isn’t always scientific. The action is sustained by a community ethos. And the force behind it is as much emotional and moral as financial.</p><p><blockquote>对于零售商来说，这种方法并不总是科学的。这一行动是由社区精神支撑的。其背后的力量既是情感上的，也是道德上的，也是经济上的。</blockquote></p><p> New investors say they are motivated by a desire to prove themselves and punish the old guard as much as by profits. They learn from one another about the market, sometimes amplifying or debunking conspiracy theories about Wall Street. Some link the meme-stock movement to continued mistrust of big financial institutions stemming from the 2008 financial crisis.</p><p><blockquote>新投资者表示，他们的动机是希望证明自己，并像利润一样惩罚保守派。他们互相学习市场，有时会放大或揭穿关于华尔街的阴谋论。一些人将模因股票运动与2008年金融危机引发的对大型金融机构的持续不信任联系起来。</blockquote></p><p> “Wall Street brought our economy to its knees, and no one ever got in trouble for it,” says the 26-year-old Kohrs. “So, I think they view this as not only can we make money, but we can also make these hedge funds on Wall Street pay.”</p><p><blockquote>“26 岁的科尔斯说：”华尔街让我们的经济陷入困境，但没有人因此惹上麻烦。“所以，我认为他们认为我们不仅可以赚钱，还可以让华尔街的这些对冲基金付钱。”</blockquote></p><p> Claire Hirschberg is a 28-year-old union organizer who bought about $50 worth of GameStop stock on Robinhood in January after hearing about it from friends. She liked the idea, but what really got her excited about it was the reaction of her father, a longtime money manager. “He was so mad I had bought GameStop and was refusing to sell,” she says, laughing. “And that just makes me want to hold it forever.”</p><p><blockquote>克莱尔·赫希伯格 (Claire Hirschberg) 是一名 28 岁的工会组织者，她在 1 月份从朋友那里听说 Robinhood 上购买了价值约 50 美元的游戏驿站股票。她喜欢这个想法，但真正让她兴奋的是她父亲的反应，他是一名长期的资金经理。“她笑着说：”他很生气我买了游戏驿站，还不肯卖。“这让我想永远拿着它。”</blockquote></p><p> Just like old Wall Street has rituals and codes, the new one does, too. A new investment banking employee learns quickly that you don’t wear a Ferragamo tie until after you make associate. You never leave the office until the managing director does, and you don’t complain about the hours. And the bad guys are the regulators and Sen. Elizabeth Warren, and not in that order.</p><p><blockquote>就像老华尔街有仪式和准则一样，新华尔街也有。一位新的投资银行员工很快就会知道，在你成为合伙人之前，你不会打菲拉格慕领带。在总经理离开之前，你从不离开办公室，你也不会抱怨工作时间。坏人是监管者和参议员伊丽莎白·沃伦，而且不是按顺序。</blockquote></p><p> The new trading desk—the apps that millions of retail traders now use and the message boards where they congregate—have unspoken rules, too. Publicly acknowledging financial losses is a valiant act, evidence of internal fortitude and belief in the group. You don’t take yourself seriously and you don’t police language. You are part of an army of “apes” or “retards.” You hold through the crashes, even if it means you might lose everything. And the bad guys are the short sellers, the market makers, and the Wall Street elites, in that order.</p><p><blockquote>新的交易台——数百万散户交易者现在使用的应用程序和他们聚集的留言板——也有潜规则。公开承认财务损失是一种勇敢的行为，是内部坚韧和对本集团信念的证明。你不把自己当回事，也不规范语言。你是 “猿类 ”或 “弱智 ”大军的一员。你坚持住，即使这意味着你可能会失去一切。坏人依次是卖空者、做市商和华尔街精英。</blockquote></p><p> The group action is not just for moral support. The trading strategy depends on people keeping up the buying pressure to force a short squeeze or to buy bullish options that trigger what’s known as a gamma squeeze.</p><p><blockquote>集体行动不仅仅是为了精神支持。交易策略取决于人们保持买入压力，迫使做空，或买入看涨期权，从而引发所谓的伽马挤压。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/75d79c78a14cc8f297e17397cc54bdb5\" tg-width=\"1260\" tg-height=\"840\"><span>Keith Gill became the face of the Reddit army of retail traders pushing shares of GameStop higher when he appeared virtually before a House Financial Services Committee hearing in February.</span></p><p><blockquote><p class=\"t-img-caption\"><span>基思·吉尔 (Keith Gill) 在二月份众议院金融服务委员会听证会上虚拟露面，成为 Reddit 散户交易员大军推高游戏驿站股价的代言人。</span></p></blockquote></p><p> Many short sellers say they won’t touch these stocks anymore. But clearly, others aren’t taking that advice and are giving the meme movement oxygen by repeatedly betting against the stocks. AMC’s short interest was at 17% of the stock’s float in mid-June, down from 28% in January, but not by much.</p><p><blockquote>许多卖空者表示，他们不会再碰这些股票了。但显然，其他人并没有采纳这一建议，而是通过反复做空股票来给备忘录运动注入氧气。6 月中旬，AMC 的空头权益占该股流通量的 17%，低于 1 月份的 28%，但降幅不大。</blockquote></p><p> As the price rises, the shorts can’t help themselves. They start “drooling, with flames coming out of their ears,” says Michael Pachter, a Wedbush Securities analyst who has covered GameStop for years. “What’s kind of shocked me is the definition of insanity, which is doing the same thing over and over and over again and hoping for a different outcome each time, and the shorts keep coming back,” he says. “And [GameStop bull] Keith Gill and his Reddit raiders keep squeezing them, and it keeps working.”</p><p><blockquote>随着价格上涨，空头们也控制不住自己。多年来一直关注游戏驿站的韦德布什证券分析师迈克尔-帕切特（Michael Pachter）说，他们开始 “流口水，耳朵里冒出火焰”。“他说：”让我感到震惊的是精神错乱的定义，就是一遍又一遍地做同样的事情，每次都希望有不同的结果，而空头却不断出现。“[游戏驿站公牛]基思-吉尔（Keith Gill）和他的 Reddit raiders 一直在挤压他们，而且一直在起作用。”</blockquote></p><p> To beat the short sellers, the Reddit crowd needs to hold together, but the community has been showing cracks at times. The two meme stocks with the most determined fan bases—GameStop and AMC—still have enormous armies of core believers who do not seem easily swayed. But other names seem to have more-fickle backers. Several stocks caught up in the meme madness have come crashing down to earth.Bed Bath &amp; Beyond(BBBY) spiked twice—in late January and early June—but now trades only slightly above its mid-January levels. People who bought during the upswings have lost money.</p><p><blockquote>为了击败卖空者，Reddit 人群需要团结起来，但该社区有时会出现裂缝。拥有最坚定粉丝群的两只模因股票——游戏驿站和 AMC——仍然拥有庞大的核心信徒大军，他们似乎不容易动摇。但其他名字似乎有更善变的支持者。几只陷入迷因疯狂的股票已经崩溃。 Bed Bath &amp; Beyond (BBBY) 在 1 月底和 6 月初两次飙升，但现在的交易价格仅略高于 1 月中旬的水平。在上涨期间买入的人已经赔钱了。</blockquote></p><p> Distrust has spread, and some traders worry that wallstreetbets— the original Reddit message board that inspired the GameStop frenzy—has grown so fast that it has lost its original spirit, and potentially grown vulnerable to manipulation. Some have moved to other message boards, like r/superstonk, in hopes of reclaiming the old community’s flavor.</p><p><blockquote>不信任已经蔓延，一些交易员担心 wallstreetbets——激发游戏驿站狂热的最初 Reddit 留言板——发展如此之快，以至于它已经失去了最初的精神，并可能变得容易受到操纵。有些人搬到了其他留言板，如 r/superstonk，希望能重现老社区的风味。</blockquote></p><p> Travis Rehl, the founder of social-media tracking company Hype Equity, says that he tries to separate possible manipulators from more organic investor sentiment. Hype Equity is usually hired by public-relations firms representing companies that are being talked about online, he says. Now, he sees a growing trend of stocks that suddenly come up on message boards, receive positive chatter, and then disappear.</p><p><blockquote>社交媒体跟踪公司 Hype Equity 的创始人特拉维斯·雷尔 (Travis Rehl) 表示，他试图将可能的操纵者与更有机的投资者情绪区分开来。他说，炒作股权通常由代表网上谈论的公司的公关公司雇佣。现在，他看到了一种不断增长的趋势，即股票突然出现在留言板上，收到积极的聊天，然后消失。</blockquote></p><p></p><p> “It’s called into question what is a true discussion versus what is something that somebody just wants to pump,” he says. The moderators of wallstreetbets forbid market manipulation on the platform, and Rehl say they appear to work hard to police misinformation. The moderators did not respond to a request from&nbsp;Barron’s&nbsp;for comment.</p><p><blockquote>“他说：”这让人怀疑什么是真正的讨论，什么是某人只想炒作的东西。wallstreetbets 的版主禁止在该平台上操纵市场，Rehl 表示，他们似乎正在努力遏制错误信息。主持人没有回应《巴伦周刊》的置评请求。</blockquote></p><p> “If you can create enough buzz to get a stock that goes up 10%, 20%, even 50% in a short period of time, there’s a tremendous incentive to do that,” Sosnick says.</p><p><blockquote>“索斯尼克说：”如果你能制造足够的轰动效应，让一只股票在短时间内上涨 10%、20%，甚至 50%，那么你就有巨大的动力去做这件事。</blockquote></p><p> The Securities and Exchange Commission is watching for funny business on the message boards. SEC Chairman Gary Gensler and some members of Congress have discussed changing market rules with the intention of adding transparency protecting retail traders—although changes could also anger the retail crowd if they slow down trading or make it more expensive.</p><p><blockquote>美国证券交易委员会正在关注留言板上的有趣交易。美国证券交易委员会主席加里·詹斯勒（Gary Gensler）和一些国会议员讨论了改变市场规则，目的是增加保护散户交易者的透明度——尽管如果这些变化减缓交易速度或使交易成本更高，也可能激怒零售人群。</blockquote></p><p> Regulations aren’t the only thing that could deflate this trend. Dan Egan, vice president of behavioral finance and investing at fintech Betterment, thinks the momentum may run out of steam in September. Even “apes” have responsibilities. “Kids start going back to schools; parents are free to go to work again,” he says. “That’s the next time there’s going to be some oxygen pulled out of the room.”</p><p><blockquote>监管并不是唯一能遏制这一趋势的因素。fintech Betterment 行为金融和投资副总裁丹·伊根 (Dan Egan) 认为，这种势头可能会在 9 月份耗尽。即使是 “猿猴 ”也有责任。“他说：”孩子们开始重返校园；家长们也可以自由地再次上班了。“那是下一次从房间里抽出氧气的时候了。”</blockquote></p><p> Traditional investors may be tempted to write off the entire phenomenon as temporary madness inspired by lockdowns and free government money. But that would be a mistake. If zero-commission brokerages and fun with GameStop broke down barriers for millions of new investors to open accounts, it’s almost certainly a good thing, as long as most people bet with money they don’t need immediately. Many new retail traders say they are teaching themselves how to trade, and have begun to diversify their holdings.</p><p><blockquote>传统投资者可能会倾向于将整个现象视为由封锁和免费政府资金引发的暂时疯狂。但那将是一个错误。如果零佣金经纪和游戏驿站乐趣打破了数百万新投资者开户的障碍，那么只要大多数人用他们并不立即需要的钱下注，这几乎肯定是一件好事。许多新零售商表示，他们正在自学如何交易，并开始分散持股。</blockquote></p><p> In one form or another, this is the future client base of Wall Street.</p><p><blockquote>无论如何，这是华尔街未来的客户群。</blockquote></p><p> Arizona State University professor Hendrik Bessembinder published groundbreaking&nbsp;research&nbsp;in 2018 that found that “a randomly selected stock in a randomly selected month is more likely to lose money than make money.” In short, picking single stocks and holding a concentrated portfolio tends to be a losing strategy.</p><p><blockquote>亚利桑那州立大学教授亨德里克-贝森宾德（Hendrik Bessembinder）在2018年发表了一项开创性的研究，发现“在随机选择的月份随机选择的股票，亏损的可能性大于赚钱的可能性”。简而言之，挑选单只股票并持有集中投资组合往往是一种失败的策略。</blockquote></p><p> Even so, he’s encouraged by the new wave of trading. “I welcome the increase in retail trading, the idea of the stock market being a place with wide participation,” Bessembinder says. “Economists can’t tell people they shouldn’t get some fun.”</p><p><blockquote>即便如此，他还是对新一波交易感到鼓舞。“贝森宾德说：”我欢迎零售交易的增加，欢迎股票市场成为一个广泛参与的地方。“经济学家不能告诉人们他们不应该找点乐子”。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.barrons.com/articles/the-meme-stock-trade-is-far-from-over-what-investors-need-to-know-51625875247?mod=hp_HERO\">Barrons</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AMC":"AMC院线","WKHS":"Workhorse Group, Inc.","SCHW":"嘉信理财","CARV":"卡弗储蓄","BB":"黑莓","CLOV":"Clover Health Corp","NEGG":"Newegg Comm Inc.","GME":"游戏驿站"},"source_url":"https://www.barrons.com/articles/the-meme-stock-trade-is-far-from-over-what-investors-need-to-know-51625875247?mod=hp_HERO","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1112201050","content_text":"It seemed to be only a matter of time.\nWhen GameStop (ticker: GME), BlackBerry (BB), and even the desiccated carcass of Blockbuster suddenly sprang to life in January, the clock was already ticking for when they would crash again. Would it be hours, days, or weeks?\nIt has now been half a year, and the core “meme stocks” are still trading at levels considered outrageous by people who have studied them for years. New names like Clover Health Investments(CLOV) and Newegg Commerce(NEGG) have recently popped up on message boards, and their stocks have popped, too.\nThe collective efforts of millions of retail traders—long derided as “the dumb money”—have successfully held stocks aloft and forced naysayers to capitulate.\nThat is true even as the companies they are betting on have shown scant signs of transforming their businesses, or turning profits that might justify their valuations. BlackBerry burned cash in its latest quarter and warned that its key cybersecurity division would hit the low end of its revenue guidance; the stock dipped on the news but has still more than doubled in the past year.\nWhile trading volume at the big brokers has come down slightly from its February peak, it remains two to three times as high as it was before the pandemic. And a startling amount of that activity is occurring in stocks favored by retail traders. The average daily value of shares traded in AMC Entertainment Holdings(AMC), for example, reached $13.1 billion in June, more than Apple’s(AAPL) $9.5 billion and Amazon.com’s (AMZN) $10.3 billion.\nEven as the coronavirus fades in the U.S., most new traders say they are committed to the hobby they learned during lockdown—58% of day traders in a Betterment survey said they are planning to trade even more in the future, and only 12% plan to trade less. Amateur pandemic bakers have stopped kneading sourdough loaves; traders are only getting hungrier.\nA sustained bear market would spoil such an appetite, as it did when the dot-com bubble burst. For now, dips are reasons to hold or buy.\n\n“I’ve seen that the ‘buy the dip’ sentiment hasn’t relented for a moment,” wrote Brandon Luczek, an electronics technician for the U.S. Navy who trades with friends online, in an email to Barron’s.\nThe meme stock surge has been propelled by a rise in trading by retail investors. In 2020, online brokers signed clients at a record pace, with more than 10 million people opening new accounts. That record will almost certainly be broken in 2021. Brokers had already added more than 10 million accounts less than halfway into the year, some of the top firms have disclosed.\nMeme stocks are both the cart and the horse of this phenomenon. Their sudden price spikes are driven by new investors, and then that action drives even more new people to invest. Millions of people downloaded investing apps in late January and early February just to be a part of the fun. A recent Charles Schwab(SCHW) survey found that 15% of all current traders began investing after 2020.\n\nThe most prominent player in the surge is Robinhood, which said it had added 5.5 million funded accounts in the first quarter alone. But it isn’t alone. Fidelity, for instance, announced that it had attracted 1.6 million new customers under the age of 35 in the first quarter, 223% more than a year before.\nUnder pressure from Robinhood’s zero-commission model, all of the major brokers cut commissions to zero in 2019. That opened the floodgates to a new group of customers—one that may not have as much spare cash to trade but is more active and diverse than its predecessors. And the brokers are cashing in. Fidelity is hoping to attract investors before they even have driver’s licenses, allowing children as young as 13 to open trading accounts. Robinhood is riding the momentum to an initial public offering that analysts expect to value it at more than 10 times its revenue.\nThese new customers act differently than their older peers. For years, there was a “big gravitation toward ETFs,” says Chris Larkin, head of trading at E*Trade, which is now owned by Morgan Stanley (MS). But picking single stocks is clearly “the big story of 2021.”\nTo be sure, equity exchange-traded funds are still doing well, as investors around the world bet on the pandemic recovery and avoid weak bond yields.\nBut ETFs don’t light up the message boards like stocks do. Not that it has been a one-way ride for the top names. GameStop did dip in February, and Wall Street enjoyed a moment of schadenfreude. It didn’t last.\n“Like cicadas, meme traders returned in a wild blaze of activity after being seemingly underground for several months,” wrote Steve Sosnick, chief strategist at Interactive Brokers. Sosnick believes that the meme stocks tend to trade inversely to cryptocurrencies, because their fans rotate from one to the other as the momentum shifts.\n“I don’t think it’s strictly a coincidence that meme stocks roared back to life after a significant correction in Bitcoin and other cryptocurrencies,” he wrote.\nSosnick considers meme stocks a “sector unto themselves,” one that he segregates on his computer monitor away from other stock tickers.\nIndeed, Wall Street’s reaction to the meme stock revolution has been to isolate the parts of the market that the pros deem irrational. Most short sellers won’t touch the stocks, and analysts are dropping coverage.\nBut Wall Street can’t swat the retail army away like cicadas, or count on them disappearing for the next 17 years. Stock trading has permanently shifted. This year, retail activity accounts for 24% of equity volume, up from 15% in 2019. Adherents to the new creed are not passive observers willing to let Wall Street manage the markets.\n\n“What this really reflects is a reversal of the trends that we saw toward less and less engagement with individual companies,” says Joshua Mitts, a professor at Columbia Law School specializing in securities markets. “Technology is bringing the average investor closer to the companies in which he or she invests, and that’s just taking on new and unpredictable forms.”\nThe swings you get can definitely make you feel some sort of way.\n— Matt Kohrs, 26, who streams stock analysis daily on YouTube\nIt is now changing the lives of those who got in early and are still riding the names higher.\nTake Matt Kohrs, who had invested in AMC Entertainment early. He quit his job as a programmer in New York in February, moved to Philadelphia, and started streaming stock analysis on YouTube for seven hours a day.\nWith 350,000 YouTube followers, it’s paying the bills. With his earnings from ads and from the stock, Kohrs says he can pull down roughly the same salary he made before. But he also knows that relying on earnings from stocks like this is nothing like a 9-to-5 job.\n“The swings you get can definitely make you feel some sort of way,” he says.\nCompanies are starting to react more aggressively, too. They are either embracing their new owners or paying meme-ologists to understand the emoji-filled language of the new Wall Street so they can ward them off or appease them.\nAMC even canceled a proposed equity raise this past week because the company apparently didn’t like the vibes it was getting from the Reddit crowd. AMC has already quintupled its share count over the past year. CEO Adam Aron tweeted that he had seen “many yes, many no” reactions to his proposal to issue 25 million more shares, so it will be canceled instead of being presented for a vote at AMC’s annual meeting later this month. The company did not respond to a question on how it had polled shareholders.\nForget the boardroom. Corporate policy is now being determined in the chat room.\nBig investors are spending more time tracking social-media discussions about stocks. Bank of America found in a survey this year that about 25% of institutions had already been tracking social-media sentiment, but that about 40% are interested in using it going forward.\nIn the past few months, Bank of America, Morgan Stanley, and J.P. Morgan have all produced reports on how to trade around the retail action, coming to somewhat different conclusions.\nThere can be “alpha in the signal,” as Morgan Stanley put it, but it can take some intense number-crunching to get there. Not all message-board chatter leads to sustained price gains, of course, and retail order flow cannot easily be separated from institutional flow without substantial data analysis. For investors with the tools to pinpoint which stocks retail investors are buying and which they are selling, J.P. Morgan suggests going long on the 20% of stocks with the most buying interest and short on the top 20% in selling interest.\nFor now, many of the institutions buying data on social-media sentiment appear to be trying to reduce their risks, as opposed to scouting new opportunities, according to Boris Spiwak of alternative data firm Thinknum, which offers products that track social-media sentiment. “They see it as almost like an insurance policy, to limit their downside risks,” he says.\nFor retail traders, the method isn’t always scientific. The action is sustained by a community ethos. And the force behind it is as much emotional and moral as financial.\nNew investors say they are motivated by a desire to prove themselves and punish the old guard as much as by profits. They learn from one another about the market, sometimes amplifying or debunking conspiracy theories about Wall Street. Some link the meme-stock movement to continued mistrust of big financial institutions stemming from the 2008 financial crisis.\n“Wall Street brought our economy to its knees, and no one ever got in trouble for it,” says the 26-year-old Kohrs. “So, I think they view this as not only can we make money, but we can also make these hedge funds on Wall Street pay.”\nClaire Hirschberg is a 28-year-old union organizer who bought about $50 worth of GameStop stock on Robinhood in January after hearing about it from friends. She liked the idea, but what really got her excited about it was the reaction of her father, a longtime money manager. “He was so mad I had bought GameStop and was refusing to sell,” she says, laughing. “And that just makes me want to hold it forever.”\nJust like old Wall Street has rituals and codes, the new one does, too. A new investment banking employee learns quickly that you don’t wear a Ferragamo tie until after you make associate. You never leave the office until the managing director does, and you don’t complain about the hours. And the bad guys are the regulators and Sen. Elizabeth Warren, and not in that order.\nThe new trading desk—the apps that millions of retail traders now use and the message boards where they congregate—have unspoken rules, too. Publicly acknowledging financial losses is a valiant act, evidence of internal fortitude and belief in the group. You don’t take yourself seriously and you don’t police language. You are part of an army of “apes” or “retards.” You hold through the crashes, even if it means you might lose everything. And the bad guys are the short sellers, the market makers, and the Wall Street elites, in that order.\nThe group action is not just for moral support. The trading strategy depends on people keeping up the buying pressure to force a short squeeze or to buy bullish options that trigger what’s known as a gamma squeeze.\nKeith Gill became the face of the Reddit army of retail traders pushing shares of GameStop higher when he appeared virtually before a House Financial Services Committee hearing in February.\nMany short sellers say they won’t touch these stocks anymore. But clearly, others aren’t taking that advice and are giving the meme movement oxygen by repeatedly betting against the stocks. AMC’s short interest was at 17% of the stock’s float in mid-June, down from 28% in January, but not by much.\nAs the price rises, the shorts can’t help themselves. They start “drooling, with flames coming out of their ears,” says Michael Pachter, a Wedbush Securities analyst who has covered GameStop for years. “What’s kind of shocked me is the definition of insanity, which is doing the same thing over and over and over again and hoping for a different outcome each time, and the shorts keep coming back,” he says. “And [GameStop bull] Keith Gill and his Reddit raiders keep squeezing them, and it keeps working.”\nTo beat the short sellers, the Reddit crowd needs to hold together, but the community has been showing cracks at times. The two meme stocks with the most determined fan bases—GameStop and AMC—still have enormous armies of core believers who do not seem easily swayed. But other names seem to have more-fickle backers. Several stocks caught up in the meme madness have come crashing down to earth.Bed Bath & Beyond(BBBY) spiked twice—in late January and early June—but now trades only slightly above its mid-January levels. People who bought during the upswings have lost money.\nDistrust has spread, and some traders worry that wallstreetbets— the original Reddit message board that inspired the GameStop frenzy—has grown so fast that it has lost its original spirit, and potentially grown vulnerable to manipulation. Some have moved to other message boards, like r/superstonk, in hopes of reclaiming the old community’s flavor.\nTravis Rehl, the founder of social-media tracking company Hype Equity, says that he tries to separate possible manipulators from more organic investor sentiment. Hype Equity is usually hired by public-relations firms representing companies that are being talked about online, he says. Now, he sees a growing trend of stocks that suddenly come up on message boards, receive positive chatter, and then disappear.\n“It’s called into question what is a true discussion versus what is something that somebody just wants to pump,” he says. The moderators of wallstreetbets forbid market manipulation on the platform, and Rehl say they appear to work hard to police misinformation. The moderators did not respond to a request from Barron’s for comment.\n“If you can create enough buzz to get a stock that goes up 10%, 20%, even 50% in a short period of time, there’s a tremendous incentive to do that,” Sosnick says.\nThe Securities and Exchange Commission is watching for funny business on the message boards. SEC Chairman Gary Gensler and some members of Congress have discussed changing market rules with the intention of adding transparency protecting retail traders—although changes could also anger the retail crowd if they slow down trading or make it more expensive.\nRegulations aren’t the only thing that could deflate this trend. Dan Egan, vice president of behavioral finance and investing at fintech Betterment, thinks the momentum may run out of steam in September. Even “apes” have responsibilities. “Kids start going back to schools; parents are free to go to work again,” he says. “That’s the next time there’s going to be some oxygen pulled out of the room.”\nTraditional investors may be tempted to write off the entire phenomenon as temporary madness inspired by lockdowns and free government money. But that would be a mistake. If zero-commission brokerages and fun with GameStop broke down barriers for millions of new investors to open accounts, it’s almost certainly a good thing, as long as most people bet with money they don’t need immediately. Many new retail traders say they are teaching themselves how to trade, and have begun to diversify their holdings.\nIn one form or another, this is the future client base of Wall Street.\nArizona State University professor Hendrik Bessembinder published groundbreaking research in 2018 that found that “a randomly selected stock in a randomly selected month is more likely to lose money than make money.” In short, picking single stocks and holding a concentrated portfolio tends to be a losing strategy.\nEven so, he’s encouraged by the new wave of trading. “I welcome the increase in retail trading, the idea of the stock market being a place with wide participation,” Bessembinder says. “Economists can’t tell people they shouldn’t get some fun.”","news_type":1,"symbols_score_info":{"WKHS":0.9,"CLOV":0.9,"BBBY":0.9,"AMC":0.9,"GME":0.9,"BB":0.9,"SCHW":0.9,"MRIN":0.9,"CARV":0.9,"NEGG":0.9}},"isVote":1,"tweetType":1,"viewCount":578,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":148934793,"gmtCreate":1625913152312,"gmtModify":1633936145613,"author":{"id":"3586255748151463","authorId":"3586255748151463","name":"indietro_","avatar":"https://static.tigerbbs.com/caebb6c2a70cbd2db563a3808f3d7b22","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3586255748151463","idStr":"3586255748151463"},"themes":[],"title":"","htmlText":"Like and comment","listText":"Like and comment","text":"Like and comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/148934793","repostId":"2150370120","repostType":4,"isVote":1,"tweetType":1,"viewCount":780,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":858217572,"gmtCreate":1635057060289,"gmtModify":1635057060608,"author":{"id":"3586255748151463","authorId":"3586255748151463","name":"indietro_","avatar":"https://static.tigerbbs.com/caebb6c2a70cbd2db563a3808f3d7b22","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3586255748151463","idStr":"3586255748151463"},"themes":[],"title":"","htmlText":"Like pls","listText":"Like pls","text":"Like pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":4,"repostSize":0,"link":"https://laohu8.com/post/858217572","repostId":"1174514229","repostType":4,"repost":{"id":"1174514229","kind":"news","pubTimestamp":1635035471,"share":"https://www.laohunote.com/m/news/1174514229?lang=zh_CN&edition=full","pubTime":"2021-10-24 08:31","market":"us","language":"en","title":"US IPO Week Ahead: Semiconductors, energy storage, designer apparel, and more in a 12 IPO week<blockquote>美国 IPO 周即将到来：半导体、储能、设计师服装等 12 个 IPO 周</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1174514229","media":"Renaissance Capital","summary":"The IPO market continues to stay busy with 12 IPOs schedule to raise $6.8 billion in the week ahead.","content":"<p>The IPO market continues to stay busy with 12 IPOs schedule to raise $6.8 billion in the week ahead.</p><p><blockquote>IPO市场继续忙碌，未来一周将有12次IPO计划筹集68亿美元。</blockquote></p><p> Semiconductor foundry&nbsp;<b>GlobalFoundries</b>(GFS) plans to raise $2.4 billion at a $24.6 billion market cap. Backed by Abu Dhabi’s Mubadala, US-based GlobalFoundries is one of the world’s leading specialty semiconductor foundries. Unprofitable with lumpy growth, the company states that it is the only scaled pure-play foundry with a global footprint that is not based in China.</p><p><blockquote>半导体代工<b>全球代工厂</b>(GFS) 计划以 246 亿美元的市值筹集 24 亿美元。在阿布扎比 Mubadala 的支持下，总部位于美国的 GlobalFoundries 是世界领先的特种半导体代工厂之一。由于增长不稳定，尚未盈利，该公司表示，它是唯一一家在全球范围内不在中国的大规模纯代工厂。</blockquote></p><p> Enterprise cloud data management platform&nbsp;<b>Informatica</b>(INFA) plans to raise $885 million at an $8.7 billion market cap. This company provides data integration services on its AI-powered platform to over 5,700 customers through both licenses and subscriptions. Although it will be highly leveraged post-IPO, Informatica is a recognized leader in the global data management market and saw strong subscription ARR growth in the 1H21.</p><p><blockquote>企业云数据管理平台<b>信息学</b>(INFA) 计划以 87 亿美元的市值筹集 8.85 亿美元。该公司通过许可证和订阅在其人工智能平台上为超过 5,700 名客户提供数据集成服务。尽管IPO后杠杆率很高，但Informatica是全球数据管理市场公认的领导者，并在2021年上半年实现了强劲的订阅ARR增长。</blockquote></p><p> Energy storage provider&nbsp;<b>Fluence Energy</b>(FLNC) plans to raise $698 million at a $3.8 billion market cap. Formed by Siemens and AES, this company sells energy storage products and services to utilities, independent power producers, project developers, and commercial and industrial customers. Fast growing but unprofitable, Fluence Energy deployed 942 MW of storage products as of 6/30/21.</p><p><blockquote>储能提供商<b>注量能</b>(FLNC) 计划以 38 亿美元的市值筹集 6.98 亿美元。该公司由西门子和 AES 组建，向公用事业公司、独立电力生产商、项目开发商以及商业和工业客户销售储能产品和服务。快速增长但无利可图，截至2021年6月30日，Fluence Energy部署了942兆瓦的存储产品。</blockquote></p><p> Revenue cycle management platform&nbsp;<b>Ensemble Health Partners</b>(ENSB) plans to raise $605 million at a $3.6 billion market cap. This platform provides revenue cycle management solutions to the healthcare industry. Profitable with accelerating growth in the 1H21, Ensemble Health has over $20 billion in annual client net patient revenue under management.</p><p><blockquote>收入周期管理平台<b>健康合作伙伴</b>(ENSB) 计划以 36 亿美元的市值筹集 6.05 亿美元。该平台为医疗保健行业提供收入周期管理解决方案。随着 2021 年上半年的加速增长，Ensemble Health 实现了盈利，管理的年度客户净患者收入超过 200 亿美元。</blockquote></p><p> Hiring solutions provider&nbsp;<b>HireRight Holdings</b>(HRT) plans to raise $500 million at a $1.8 billion market cap. This company provides background checks, verification, identification, monitoring, and drug and health screening services to over 40,000 customers. HireRight was profitable on an EBIT basis in the 1H21, though cash flow swung negative.</p><p><blockquote>招聘解决方案提供商<b>HireRight 控股</b>(HRT) 计划以 18 亿美元的市值筹集 5 亿美元。该公司为超过40,000名客户提供背景调查、验证、识别、监测以及药物和健康筛查服务。尽管现金流为负，但 HireRight 在 2021 年上半年的息税前利润仍实现盈利。</blockquote></p><p> Online education marketplace&nbsp;<b>Udemy</b>(UDMY) plans to raise $406 million at a $4.3 billion market cap. This education platform provides over 183,000 courses in 75 languages to over 44 million customers in over 180 countries. Growing but unprofitable, Udemy has registered more than 73 million users since its inception.</p><p><blockquote>在线教育市场<b>乌德米</b>(UDMY) 计划以 43 亿美元的市值筹集 4.06 亿美元。该教育平台为180多个国家的4400多万客户提供75种语言的183,000多门课程。Udemy 不断增长，但无利可图，自成立以来已注册超过 7300 万用户。</blockquote></p><p> Chinese drug in-licensor&nbsp;<b>LianBio</b>(LIAN) plans to raise $325 million at a $1.8 billion market cap. Focused on China and other Asian markets, this biopharmaceutical company develops and commercializes drugs for a variety of indications. LianBio’s pipeline currently consists of nine product candidates across five different therapeutics areas.</p><p><blockquote>中国药品许可方<b>连生物</b>（LIAN）计划以18亿美元的市值筹集3.25亿美元。这家生物制药公司专注于中国和其他亚洲市场，开发和商业化各种适应症的药物。LianBio 目前的产品线包括五个不同治疗领域的九种候选产品。</blockquote></p><p> <b>Rent the Runway</b>(RENT) plans to raise $293 million at a $1.4 billion market cap. This apparel rental company originally focused on a-la-carte rentals of dresses for events, but has gradually transitioned to mostly generating revenue from monthly subscription boxes. While the company has seen active subscribers and revenue rebound in the last two quarters, it is unprofitable and leveraged post-IPO.</p><p><blockquote><b>租跑道</b>（RENT）计划以14亿美元的市值筹集2.93亿美元。这家服装租赁公司原本专注于活动礼服的点菜租赁，但已逐渐过渡到主要从包月包厢获得收入。虽然该公司在过去两个季度的活跃用户和收入有所反弹，但在IPO后却无利可图且杠杆化。</blockquote></p><p> Aesthetic medical device maker&nbsp;<b>Candela Medical</b>(CDLA) plans to raise $250 million at a $1.7 billion market cap. Selling products directly in 18 countries and indirectly in 66 countries, this company develops medical devices for elective aesthetic procedures. Despite being hard hit by the pandemic, Candela Medical saw strong growth and turned profitable in the 1H21.</p><p><blockquote>美容医疗器械制造商<b>坎德拉医疗</b>(CDLA) 计划以 17 亿美元的市值筹集 2.5 亿美元。该公司直接在18个国家销售产品，间接在66个国家销售产品，开发用于选择性美容手术的医疗设备。尽管受到疫情的沉重打击，Candela Medical 仍实现了强劲增长，并在 2021 年上半年实现了盈利。</blockquote></p><p> Fire pit brand&nbsp;<b>Solo Brands</b>(DTC) plans to raise $200 million at a $1.5 billion market cap. Solo Brands sells fire pits, camp stoves, and other outdoor gear through its DTC platform. Fast growing and profitable, this outdoor e-commerce has an installed base of more than 2.3 million customers.</p><p><blockquote>火坑牌<b>Solo品牌</b>(DTC) 计划以 15 亿美元的市值筹集 2 亿美元。Solo Brands通过其DTC平台销售火坑、野营炉和其他户外装备。快速增长和盈利，这个户外电子商务拥有超过230万客户的安装基础。</blockquote></p><p> Body contouring provider&nbsp;<b>AirSculpt Technologies</b>(AIRS) plans to raise $160 million at an $886 million market cap. This company provides minimally-invasive body contouring procedures through 16 centers across 13 states in the US. AirSculpt Technologies is profitable with solid growth, and has seen an increase in same-center case volume as a result of lessening effects of COVID-19.</p><p><blockquote>身体轮廓提供者<b>AirSculpt技术</b>(AIRS) 计划以 8.86 亿美元的市值筹集 1.6 亿美元。这家公司通过美国13个州的16个中心提供微创身体塑形手术。AirSculpt Technologies 实现了盈利，增长稳健，并且由于 COVID-19 的影响减弱，同中心病例量有所增加。</blockquote></p><p> Technology firm&nbsp;<b>Arteris</b>(AIP) plans to raise $75 million at a $555 million market cap. This technology company develops and licenses interconnect intellectual property that manages the on-chip communications in System-on-Chip semiconductor devices. Arteris is unprofitable but saw growth accelerate in the 1H21.</p><p><blockquote>科技公司<b>动脉</b>（AIP）计划以5.55亿美元的市值筹集7500万美元。这家技术公司开发并授权interconnect知识产权，该知识产权管理片上系统半导体器件中的片上通信。Arteris 尚未盈利，但在 2021 年上半年增长加速。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/99c3b0173e59f4e69ff484c12bd137e7\" tg-width=\"1270\" tg-height=\"704\" referrerpolicy=\"no-referrer\"><img src=\"https://static.tigerbbs.com/64e34b3c49a856e99ba64a2d57410844\" tg-width=\"1272\" tg-height=\"582\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p> Street research is expected for six companies, and lock-up periods will be expiring for up to 12 companies.</p><p><blockquote>预计将对 6 家公司进行街头调查，多达 12 家公司的禁售期将到期。</blockquote></p><p> <b>IPO Market Snapshot</b></p><p><blockquote><b>IPO市场快照</b></blockquote></p><p></p><p> The Renaissance IPO Indices are market cap weighted baskets of newly public companies. As of 10/22/21, the Renaissance IPO Index was up 8.2% year-to-date, while the S&amp;P 500 was up 21.1%. Renaissance Capital's IPO ETF (NYSE: IPO) tracks the index, and top ETF holdings include Uber Technologies (UBER) and Moderna (MRNA). The Renaissance International IPO Index was down 15.8% year-to-date, while the ACWX was up 9.1%. Renaissance Capital’s International IPO ETF (NYSE: IPOS) tracks the index, and top ETF holdings include Meituan-Dianping and SoftBank.</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21年10月22日，文艺复兴IPO指数年初至今上涨8.2%，而标普500上涨21.1%。Renaissance Capital 的 IPO ETF（纽约证券交易所股票代码：IPO）追踪该指数，持有量最大的 ETF 包括 Uber Technologies (UBER) 和 Moderna (MRNA)。Renaissance International IPO 指数今年迄今下跌 15.8%，而 ACWX 指数上涨 9.1%。Renaissance Capital 的国际 IPO ETF（纽约证券交易所股票代码：IPOS）追踪该指数，持有量最大的 ETF 包括美团-W大众点评和软银。</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: Semiconductors, energy storage, designer apparel, and more in a 12 IPO week<blockquote>美国 IPO 周即将到来：半导体、储能、设计师服装等 12 个 IPO 周</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: Semiconductors, energy storage, designer apparel, and more in a 12 IPO week<blockquote>美国 IPO 周即将到来：半导体、储能、设计师服装等 12 个 IPO 周</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\">2021-10-24 08:31</span>\n</p>\n</h4>\n</header>\n<article>\n<p>The IPO market continues to stay busy with 12 IPOs schedule to raise $6.8 billion in the week ahead.</p><p><blockquote>IPO市场继续忙碌，未来一周将有12次IPO计划筹集68亿美元。</blockquote></p><p> Semiconductor foundry&nbsp;<b>GlobalFoundries</b>(GFS) plans to raise $2.4 billion at a $24.6 billion market cap. Backed by Abu Dhabi’s Mubadala, US-based GlobalFoundries is one of the world’s leading specialty semiconductor foundries. Unprofitable with lumpy growth, the company states that it is the only scaled pure-play foundry with a global footprint that is not based in China.</p><p><blockquote>半导体代工<b>全球代工厂</b>(GFS) 计划以 246 亿美元的市值筹集 24 亿美元。在阿布扎比 Mubadala 的支持下，总部位于美国的 GlobalFoundries 是世界领先的特种半导体代工厂之一。由于增长不稳定，尚未盈利，该公司表示，它是唯一一家在全球范围内不在中国的大规模纯代工厂。</blockquote></p><p> Enterprise cloud data management platform&nbsp;<b>Informatica</b>(INFA) plans to raise $885 million at an $8.7 billion market cap. This company provides data integration services on its AI-powered platform to over 5,700 customers through both licenses and subscriptions. Although it will be highly leveraged post-IPO, Informatica is a recognized leader in the global data management market and saw strong subscription ARR growth in the 1H21.</p><p><blockquote>企业云数据管理平台<b>信息学</b>(INFA) 计划以 87 亿美元的市值筹集 8.85 亿美元。该公司通过许可证和订阅在其人工智能平台上为超过 5,700 名客户提供数据集成服务。尽管IPO后杠杆率很高，但Informatica是全球数据管理市场公认的领导者，并在2021年上半年实现了强劲的订阅ARR增长。</blockquote></p><p> Energy storage provider&nbsp;<b>Fluence Energy</b>(FLNC) plans to raise $698 million at a $3.8 billion market cap. Formed by Siemens and AES, this company sells energy storage products and services to utilities, independent power producers, project developers, and commercial and industrial customers. Fast growing but unprofitable, Fluence Energy deployed 942 MW of storage products as of 6/30/21.</p><p><blockquote>储能提供商<b>注量能</b>(FLNC) 计划以 38 亿美元的市值筹集 6.98 亿美元。该公司由西门子和 AES 组建，向公用事业公司、独立电力生产商、项目开发商以及商业和工业客户销售储能产品和服务。快速增长但无利可图，截至2021年6月30日，Fluence Energy部署了942兆瓦的存储产品。</blockquote></p><p> Revenue cycle management platform&nbsp;<b>Ensemble Health Partners</b>(ENSB) plans to raise $605 million at a $3.6 billion market cap. This platform provides revenue cycle management solutions to the healthcare industry. Profitable with accelerating growth in the 1H21, Ensemble Health has over $20 billion in annual client net patient revenue under management.</p><p><blockquote>收入周期管理平台<b>健康合作伙伴</b>(ENSB) 计划以 36 亿美元的市值筹集 6.05 亿美元。该平台为医疗保健行业提供收入周期管理解决方案。随着 2021 年上半年的加速增长，Ensemble Health 实现了盈利，管理的年度客户净患者收入超过 200 亿美元。</blockquote></p><p> Hiring solutions provider&nbsp;<b>HireRight Holdings</b>(HRT) plans to raise $500 million at a $1.8 billion market cap. This company provides background checks, verification, identification, monitoring, and drug and health screening services to over 40,000 customers. HireRight was profitable on an EBIT basis in the 1H21, though cash flow swung negative.</p><p><blockquote>招聘解决方案提供商<b>HireRight 控股</b>(HRT) 计划以 18 亿美元的市值筹集 5 亿美元。该公司为超过40,000名客户提供背景调查、验证、识别、监测以及药物和健康筛查服务。尽管现金流为负，但 HireRight 在 2021 年上半年的息税前利润仍实现盈利。</blockquote></p><p> Online education marketplace&nbsp;<b>Udemy</b>(UDMY) plans to raise $406 million at a $4.3 billion market cap. This education platform provides over 183,000 courses in 75 languages to over 44 million customers in over 180 countries. Growing but unprofitable, Udemy has registered more than 73 million users since its inception.</p><p><blockquote>在线教育市场<b>乌德米</b>(UDMY) 计划以 43 亿美元的市值筹集 4.06 亿美元。该教育平台为180多个国家的4400多万客户提供75种语言的183,000多门课程。Udemy 不断增长，但无利可图，自成立以来已注册超过 7300 万用户。</blockquote></p><p> Chinese drug in-licensor&nbsp;<b>LianBio</b>(LIAN) plans to raise $325 million at a $1.8 billion market cap. Focused on China and other Asian markets, this biopharmaceutical company develops and commercializes drugs for a variety of indications. LianBio’s pipeline currently consists of nine product candidates across five different therapeutics areas.</p><p><blockquote>中国药品许可方<b>连生物</b>（LIAN）计划以18亿美元的市值筹集3.25亿美元。这家生物制药公司专注于中国和其他亚洲市场，开发和商业化各种适应症的药物。LianBio 目前的产品线包括五个不同治疗领域的九种候选产品。</blockquote></p><p> <b>Rent the Runway</b>(RENT) plans to raise $293 million at a $1.4 billion market cap. This apparel rental company originally focused on a-la-carte rentals of dresses for events, but has gradually transitioned to mostly generating revenue from monthly subscription boxes. While the company has seen active subscribers and revenue rebound in the last two quarters, it is unprofitable and leveraged post-IPO.</p><p><blockquote><b>租跑道</b>（RENT）计划以14亿美元的市值筹集2.93亿美元。这家服装租赁公司原本专注于活动礼服的点菜租赁，但已逐渐过渡到主要从包月包厢获得收入。虽然该公司在过去两个季度的活跃用户和收入有所反弹，但在IPO后却无利可图且杠杆化。</blockquote></p><p> Aesthetic medical device maker&nbsp;<b>Candela Medical</b>(CDLA) plans to raise $250 million at a $1.7 billion market cap. Selling products directly in 18 countries and indirectly in 66 countries, this company develops medical devices for elective aesthetic procedures. Despite being hard hit by the pandemic, Candela Medical saw strong growth and turned profitable in the 1H21.</p><p><blockquote>美容医疗器械制造商<b>坎德拉医疗</b>(CDLA) 计划以 17 亿美元的市值筹集 2.5 亿美元。该公司直接在18个国家销售产品，间接在66个国家销售产品，开发用于选择性美容手术的医疗设备。尽管受到疫情的沉重打击，Candela Medical 仍实现了强劲增长，并在 2021 年上半年实现了盈利。</blockquote></p><p> Fire pit brand&nbsp;<b>Solo Brands</b>(DTC) plans to raise $200 million at a $1.5 billion market cap. Solo Brands sells fire pits, camp stoves, and other outdoor gear through its DTC platform. Fast growing and profitable, this outdoor e-commerce has an installed base of more than 2.3 million customers.</p><p><blockquote>火坑牌<b>Solo品牌</b>(DTC) 计划以 15 亿美元的市值筹集 2 亿美元。Solo Brands通过其DTC平台销售火坑、野营炉和其他户外装备。快速增长和盈利，这个户外电子商务拥有超过230万客户的安装基础。</blockquote></p><p> Body contouring provider&nbsp;<b>AirSculpt Technologies</b>(AIRS) plans to raise $160 million at an $886 million market cap. This company provides minimally-invasive body contouring procedures through 16 centers across 13 states in the US. AirSculpt Technologies is profitable with solid growth, and has seen an increase in same-center case volume as a result of lessening effects of COVID-19.</p><p><blockquote>身体轮廓提供者<b>AirSculpt技术</b>(AIRS) 计划以 8.86 亿美元的市值筹集 1.6 亿美元。这家公司通过美国13个州的16个中心提供微创身体塑形手术。AirSculpt Technologies 实现了盈利，增长稳健，并且由于 COVID-19 的影响减弱，同中心病例量有所增加。</blockquote></p><p> Technology firm&nbsp;<b>Arteris</b>(AIP) plans to raise $75 million at a $555 million market cap. This technology company develops and licenses interconnect intellectual property that manages the on-chip communications in System-on-Chip semiconductor devices. Arteris is unprofitable but saw growth accelerate in the 1H21.</p><p><blockquote>科技公司<b>动脉</b>（AIP）计划以5.55亿美元的市值筹集7500万美元。这家技术公司开发并授权interconnect知识产权，该知识产权管理片上系统半导体器件中的片上通信。Arteris 尚未盈利，但在 2021 年上半年增长加速。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/99c3b0173e59f4e69ff484c12bd137e7\" tg-width=\"1270\" tg-height=\"704\" referrerpolicy=\"no-referrer\"><img src=\"https://static.tigerbbs.com/64e34b3c49a856e99ba64a2d57410844\" tg-width=\"1272\" tg-height=\"582\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p> Street research is expected for six companies, and lock-up periods will be expiring for up to 12 companies.</p><p><blockquote>预计将对 6 家公司进行街头调查，多达 12 家公司的禁售期将到期。</blockquote></p><p> <b>IPO Market Snapshot</b></p><p><blockquote><b>IPO市场快照</b></blockquote></p><p></p><p> The Renaissance IPO Indices are market cap weighted baskets of newly public companies. As of 10/22/21, the Renaissance IPO Index was up 8.2% year-to-date, while the S&amp;P 500 was up 21.1%. Renaissance Capital's IPO ETF (NYSE: IPO) tracks the index, and top ETF holdings include Uber Technologies (UBER) and Moderna (MRNA). The Renaissance International IPO Index was down 15.8% year-to-date, while the ACWX was up 9.1%. Renaissance Capital’s International IPO ETF (NYSE: IPOS) tracks the index, and top ETF holdings include Meituan-Dianping and SoftBank.</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21年10月22日，文艺复兴IPO指数年初至今上涨8.2%，而标普500上涨21.1%。Renaissance Capital 的 IPO ETF（纽约证券交易所股票代码：IPO）追踪该指数，持有量最大的 ETF 包括 Uber Technologies (UBER) 和 Moderna (MRNA)。Renaissance International IPO 指数今年迄今下跌 15.8%，而 ACWX 指数上涨 9.1%。Renaissance Capital 的国际 IPO ETF（纽约证券交易所股票代码：IPOS）追踪该指数，持有量最大的 ETF 包括美团-W大众点评和软银。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.renaissancecapital.com/IPO-Center/News/87676/US-IPO-Week-Ahead-Semiconductors-energy-storage-designer-apparel-and-more-i\">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":{"RENT":"Rent the Runway, Inc.","UDMY":"Udemy, Inc.",".DJI":"道琼斯","AIRS":"Airsculpt Technologies","HRT":"HireRight Holdings Corp.",".IXIC":"NASDAQ Composite","GFS":"GLOBALFOUNDRIES Inc.","AIP":"Arteris, Inc.","INFA":"Informatica Inc.",".SPX":"S&P 500 Index","FLNC":"Fluence Energy, Inc."},"source_url":"https://www.renaissancecapital.com/IPO-Center/News/87676/US-IPO-Week-Ahead-Semiconductors-energy-storage-designer-apparel-and-more-i","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1174514229","content_text":"The IPO market continues to stay busy with 12 IPOs schedule to raise $6.8 billion in the week ahead.\nSemiconductor foundry GlobalFoundries(GFS) plans to raise $2.4 billion at a $24.6 billion market cap. Backed by Abu Dhabi’s Mubadala, US-based GlobalFoundries is one of the world’s leading specialty semiconductor foundries. Unprofitable with lumpy growth, the company states that it is the only scaled pure-play foundry with a global footprint that is not based in China.\nEnterprise cloud data management platform Informatica(INFA) plans to raise $885 million at an $8.7 billion market cap. This company provides data integration services on its AI-powered platform to over 5,700 customers through both licenses and subscriptions. Although it will be highly leveraged post-IPO, Informatica is a recognized leader in the global data management market and saw strong subscription ARR growth in the 1H21.\nEnergy storage provider Fluence Energy(FLNC) plans to raise $698 million at a $3.8 billion market cap. Formed by Siemens and AES, this company sells energy storage products and services to utilities, independent power producers, project developers, and commercial and industrial customers. Fast growing but unprofitable, Fluence Energy deployed 942 MW of storage products as of 6/30/21.\nRevenue cycle management platform Ensemble Health Partners(ENSB) plans to raise $605 million at a $3.6 billion market cap. This platform provides revenue cycle management solutions to the healthcare industry. Profitable with accelerating growth in the 1H21, Ensemble Health has over $20 billion in annual client net patient revenue under management.\nHiring solutions provider HireRight Holdings(HRT) plans to raise $500 million at a $1.8 billion market cap. This company provides background checks, verification, identification, monitoring, and drug and health screening services to over 40,000 customers. HireRight was profitable on an EBIT basis in the 1H21, though cash flow swung negative.\nOnline education marketplace Udemy(UDMY) plans to raise $406 million at a $4.3 billion market cap. This education platform provides over 183,000 courses in 75 languages to over 44 million customers in over 180 countries. Growing but unprofitable, Udemy has registered more than 73 million users since its inception.\nChinese drug in-licensor LianBio(LIAN) plans to raise $325 million at a $1.8 billion market cap. Focused on China and other Asian markets, this biopharmaceutical company develops and commercializes drugs for a variety of indications. LianBio’s pipeline currently consists of nine product candidates across five different therapeutics areas.\nRent the Runway(RENT) plans to raise $293 million at a $1.4 billion market cap. This apparel rental company originally focused on a-la-carte rentals of dresses for events, but has gradually transitioned to mostly generating revenue from monthly subscription boxes. While the company has seen active subscribers and revenue rebound in the last two quarters, it is unprofitable and leveraged post-IPO.\nAesthetic medical device maker Candela Medical(CDLA) plans to raise $250 million at a $1.7 billion market cap. Selling products directly in 18 countries and indirectly in 66 countries, this company develops medical devices for elective aesthetic procedures. Despite being hard hit by the pandemic, Candela Medical saw strong growth and turned profitable in the 1H21.\nFire pit brand Solo Brands(DTC) plans to raise $200 million at a $1.5 billion market cap. Solo Brands sells fire pits, camp stoves, and other outdoor gear through its DTC platform. Fast growing and profitable, this outdoor e-commerce has an installed base of more than 2.3 million customers.\nBody contouring provider AirSculpt Technologies(AIRS) plans to raise $160 million at an $886 million market cap. This company provides minimally-invasive body contouring procedures through 16 centers across 13 states in the US. AirSculpt Technologies is profitable with solid growth, and has seen an increase in same-center case volume as a result of lessening effects of COVID-19.\nTechnology firm Arteris(AIP) plans to raise $75 million at a $555 million market cap. This technology company develops and licenses interconnect intellectual property that manages the on-chip communications in System-on-Chip semiconductor devices. Arteris is unprofitable but saw growth accelerate in the 1H21.\n\nStreet research is expected for six companies, and lock-up periods will be expiring for up to 12 companies.\nIPO Market Snapshot\nThe Renaissance IPO Indices are market cap weighted baskets of newly public companies. As of 10/22/21, the Renaissance IPO Index was up 8.2% year-to-date, while the S&P 500 was up 21.1%. Renaissance Capital's IPO ETF (NYSE: IPO) tracks the index, and top ETF holdings include Uber Technologies (UBER) and Moderna (MRNA). The Renaissance International IPO Index was down 15.8% year-to-date, while the ACWX was up 9.1%. Renaissance Capital’s International IPO ETF (NYSE: IPOS) tracks the index, and top ETF holdings include Meituan-Dianping and SoftBank.","news_type":1,"symbols_score_info":{"ENSB":0.9,"HRT":0.9,".IXIC":0.9,"RENT":0.9,"INFA":0.9,"DTC":0.9,"FLNC":0.9,".SPX":0.9,"CDLA":0.9,"GFS":0.9,".DJI":0.9,"AIRS":0.9,"UDMY":0.9,"LIAN":0.9,"AIP":0.9}},"isVote":1,"tweetType":1,"viewCount":877,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0}],"lives":[]}