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gky
2021-12-16
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Vir Biotechnology continued to gain over 7% in morning trading after showing neutralizing activity against omicron<blockquote>Vir Biotechnology 在显示出针对奥密克戎的中和活动后,早盘交易中继续上涨超过 7%</blockquote>
gky
2021-09-29
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Technically Speaking: Is The Market "Melting-Up?"<blockquote>从技术上讲:市场正在“融化”吗?</blockquote>
gky
2021-11-14
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gky
2021-10-09
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gky
2021-12-12
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gky
2021-11-29
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If The Meme Stock Craze Is Ending, GameStop Isn't Worth Much<blockquote>如果模因股票热潮结束,游戏驿站就不值钱了</blockquote>
gky
2021-11-07
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gky
2021-10-27
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gky
2021-10-06
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gky
2021-08-14
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Chasing Tesla: Here are the current electric vehicle plans of every major car maker<blockquote>追逐特斯拉:以下是各大汽车制造商当前的电动汽车计划</blockquote>
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stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1640788306,"share":"https://www.laohunote.com/m/news/1152526674?lang=zh_CN&edition=full","pubTime":"2021-12-29 22:31","market":"us","language":"en","title":"U.S. Stocks Open Flat as Dow Aims to Extend Its 5-day Winning Streak<blockquote>道琼斯指数旨在延续五日连涨势头,美国股市开盘持平</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1152526674","media":"Tiger Newspress","summary":"U.S. stocks were little changed early Wednesday morning following a mixed session as traders continu","content":"<p><html><head></head><body>U.S. stocks were little changed early Wednesday morning following a mixed session as traders continued to assess the threat of the omicron Covid-19 variant.</p><p><blockquote><html><head></head><body>由于交易员继续评估奥密克戎 Covid-19 变种的威胁,美国股市在涨跌互现后,周三早盘几乎没有变化。</body></html></blockquote></p><p>The Dow Jones Industrial Average traded near the flatline. The S&P 500 moved marginally higher and the Nasdaq Composite ticked up 0.2%.</p><p><blockquote>道琼斯工业平均指数交投于持平线附近。标普500小幅走高,纳斯达克综合指数上涨 0.2%。</blockquote></p><p>The U.S. has confirmed more than 4.1 million Covid cases this month, according to data from Johns Hopkins University. That’s well above November’s tally of 2.54 million. The country’s seven-day average of cases is also at 231,888 cases, more than triple the mean from Nov. 27.</p><p><blockquote>根据约翰·霍普金斯大学的数据,美国本月已确诊超过410万例Covid病例。这远高于 11 月份的 254 万。该国七天平均病例数也为 231,888 例,是 11 月 27 日平均值的三倍多。</blockquote></p><p>However, the Centers for Disease Control and Prevention this week shortened its isolation recommendation for people who test positive from 10 days to five if they don’t have symptoms. Research from South Africa also suggests that omicron infections can boost immunity against the delta variant.</p><p><blockquote>不过,美国疾病控制和预防中心本周将对检测呈阳性的人的隔离建议从 10 天缩短至 5 天,前提是他们没有症状。南非的研究也表明,奥密克戎感染可以增强对德尔塔变异毒株的免疫力。</blockquote></p><p>Stocks were under pressure in late November, when news of the omicron variant first broke. They have since rebounded, however, with the S&P 500 up 4.8% for December.</p><p><blockquote>11 月下旬,当奥密克戎变体的消息首次传出时,股市面临压力。然而,此后它们有所反弹,12 月份标普500上涨了 4.8%。</blockquote></p><p>The market has shown resiliency in the past few weeks as traders weigh the omicron variant and potentially tighter monetary policy from the Federal Reserve next year, Virtus Investment Partners’ Joe Terranova told CNBC’s “Closing Bell” on Monday.</p><p><blockquote>Virtus Investment Partners 的乔-特拉诺瓦(Joe Terranova)周一在 CNBC 的《收盘钟声》节目中表示,在过去几周里,随着交易员权衡奥密克戎变体和美联储明年可能收紧的货币政策,市场表现出了韧性。</blockquote></p><p>He noted, though, that the “risk profile of the market is clearly changing” due to the potential for higher volatility in the new year.</p><p><blockquote>不过,他指出,由于新的一年可能出现更大的波动性,“市场的风险状况显然正在发生变化”。</blockquote></p><p>The market is “gravitating toward a more qualitative holding,” Terranova said. “I don’t think the market wants the speculative areas in which investors have been rewarded the last couple of years. That’s the hyper-growth stocks.”</p><p><blockquote>Terranova 说,市场 “正被更高质量的持股所吸引”。“我认为市场不想要过去几年投资者获得回报的投机领域。这些都是高增长股票”。</blockquote></p><p>In the premarket Wednesday, Tesla shares rose after financial filings published late Tuesday showed CEO Elon Musk sold another 934,090 shares, or about $1.02 billion worth of his holdings, in the electric vehicle company.</p><p><blockquote>周三盘前,特斯拉股价上涨,此前周二晚间公布的财务文件显示,首席执行官埃隆·马斯克 (Elon Musk) 又出售了这家电动汽车公司 934,090 股股票,价值约 10.2 亿美元。</blockquote></p><p>During the regular trading session, the Dow notched its fifth straight day of gains, rising more than 90 points. The S&P 500 eked out an intraday record before closing lower on the day. The Nasdaq Composite lagged, falling 0.6%.</p><p><blockquote>在常规交易时段,道琼斯指数连续第五天上涨,上涨超过90点。标普500勉强创下盘中纪录,当天收盘走低。纳斯达克综合指数落后,下跌 0.6%。</blockquote></p><p>The “Santa Claus rally” period encompass the last five trading days of December and the first five of January. This is a historically strong period for the market, with the S&P 500 averaging a return of 1.7% since 1928.</p><p><blockquote>“圣诞老人反弹 ”期包括 12 月的最后五个交易日和 1 月的前五个交易日。这是市场历史上的强劲时期,自 1928 年以来,标普500的平均回报率为 1.7%。</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>U.S. Stocks Open Flat as Dow Aims to Extend Its 5-day Winning Streak<blockquote>道琼斯指数旨在延续五日连涨势头,美国股市开盘持平</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\">\nU.S. Stocks Open Flat as Dow Aims to Extend Its 5-day Winning Streak<blockquote>道琼斯指数旨在延续五日连涨势头,美国股市开盘持平</blockquote>\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time smaller\">2021-12-29 22:31</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p><html><head></head><body>U.S. stocks were little changed early Wednesday morning following a mixed session as traders continued to assess the threat of the omicron Covid-19 variant.</p><p><blockquote><html><head></head><body>由于交易员继续评估奥密克戎 Covid-19 变种的威胁,美国股市在涨跌互现后,周三早盘几乎没有变化。</body></html></blockquote></p><p>The Dow Jones Industrial Average traded near the flatline. The S&P 500 moved marginally higher and the Nasdaq Composite ticked up 0.2%.</p><p><blockquote>道琼斯工业平均指数交投于持平线附近。标普500小幅走高,纳斯达克综合指数上涨 0.2%。</blockquote></p><p>The U.S. has confirmed more than 4.1 million Covid cases this month, according to data from Johns Hopkins University. That’s well above November’s tally of 2.54 million. The country’s seven-day average of cases is also at 231,888 cases, more than triple the mean from Nov. 27.</p><p><blockquote>根据约翰·霍普金斯大学的数据,美国本月已确诊超过410万例Covid病例。这远高于 11 月份的 254 万。该国七天平均病例数也为 231,888 例,是 11 月 27 日平均值的三倍多。</blockquote></p><p>However, the Centers for Disease Control and Prevention this week shortened its isolation recommendation for people who test positive from 10 days to five if they don’t have symptoms. Research from South Africa also suggests that omicron infections can boost immunity against the delta variant.</p><p><blockquote>不过,美国疾病控制和预防中心本周将对检测呈阳性的人的隔离建议从 10 天缩短至 5 天,前提是他们没有症状。南非的研究也表明,奥密克戎感染可以增强对德尔塔变异毒株的免疫力。</blockquote></p><p>Stocks were under pressure in late November, when news of the omicron variant first broke. They have since rebounded, however, with the S&P 500 up 4.8% for December.</p><p><blockquote>11 月下旬,当奥密克戎变体的消息首次传出时,股市面临压力。然而,此后它们有所反弹,12 月份标普500上涨了 4.8%。</blockquote></p><p>The market has shown resiliency in the past few weeks as traders weigh the omicron variant and potentially tighter monetary policy from the Federal Reserve next year, Virtus Investment Partners’ Joe Terranova told CNBC’s “Closing Bell” on Monday.</p><p><blockquote>Virtus Investment Partners 的乔-特拉诺瓦(Joe Terranova)周一在 CNBC 的《收盘钟声》节目中表示,在过去几周里,随着交易员权衡奥密克戎变体和美联储明年可能收紧的货币政策,市场表现出了韧性。</blockquote></p><p>He noted, though, that the “risk profile of the market is clearly changing” due to the potential for higher volatility in the new year.</p><p><blockquote>不过,他指出,由于新的一年可能出现更大的波动性,“市场的风险状况显然正在发生变化”。</blockquote></p><p>The market is “gravitating toward a more qualitative holding,” Terranova said. “I don’t think the market wants the speculative areas in which investors have been rewarded the last couple of years. That’s the hyper-growth stocks.”</p><p><blockquote>Terranova 说,市场 “正被更高质量的持股所吸引”。“我认为市场不想要过去几年投资者获得回报的投机领域。这些都是高增长股票”。</blockquote></p><p>In the premarket Wednesday, Tesla shares rose after financial filings published late Tuesday showed CEO Elon Musk sold another 934,090 shares, or about $1.02 billion worth of his holdings, in the electric vehicle company.</p><p><blockquote>周三盘前,特斯拉股价上涨,此前周二晚间公布的财务文件显示,首席执行官埃隆·马斯克 (Elon Musk) 又出售了这家电动汽车公司 934,090 股股票,价值约 10.2 亿美元。</blockquote></p><p>During the regular trading session, the Dow notched its fifth straight day of gains, rising more than 90 points. The S&P 500 eked out an intraday record before closing lower on the day. The Nasdaq Composite lagged, falling 0.6%.</p><p><blockquote>在常规交易时段,道琼斯指数连续第五天上涨,上涨超过90点。标普500勉强创下盘中纪录,当天收盘走低。纳斯达克综合指数落后,下跌 0.6%。</blockquote></p><p>The “Santa Claus rally” period encompass the last five trading days of December and the first five of January. This is a historically strong period for the market, with the S&P 500 averaging a return of 1.7% since 1928.</p><p><blockquote>“圣诞老人反弹 ”期包括 12 月的最后五个交易日和 1 月的前五个交易日。这是市场历史上的强劲时期,自 1928 年以来,标普500的平均回报率为 1.7%。</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":"1152526674","content_text":"U.S. stocks were little changed early Wednesday morning following a mixed session as traders continued to assess the threat of the omicron Covid-19 variant.The Dow Jones Industrial Average traded near the flatline. The S&P 500 moved marginally higher and the Nasdaq Composite ticked up 0.2%.The U.S. has confirmed more than 4.1 million Covid cases this month, according to data from Johns Hopkins University. That’s well above November’s tally of 2.54 million. The country’s seven-day average of cases is also at 231,888 cases, more than triple the mean from Nov. 27.However, the Centers for Disease Control and Prevention this week shortened its isolation recommendation for people who test positive from 10 days to five if they don’t have symptoms. Research from South Africa also suggests that omicron infections can boost immunity against the delta variant.Stocks were under pressure in late November, when news of the omicron variant first broke. They have since rebounded, however, with the S&P 500 up 4.8% for December.The market has shown resiliency in the past few weeks as traders weigh the omicron variant and potentially tighter monetary policy from the Federal Reserve next year, Virtus Investment Partners’ Joe Terranova told CNBC’s “Closing Bell” on Monday.He noted, though, that the “risk profile of the market is clearly changing” due to the potential for higher volatility in the new year.The market is “gravitating toward a more qualitative holding,” Terranova said. “I don’t think the market wants the speculative areas in which investors have been rewarded the last couple of years. That’s the hyper-growth stocks.”In the premarket Wednesday, Tesla shares rose after financial filings published late Tuesday showed CEO Elon Musk sold another 934,090 shares, or about $1.02 billion worth of his holdings, in the electric vehicle company.During the regular trading session, the Dow notched its fifth straight day of gains, rising more than 90 points. The S&P 500 eked out an intraday record before closing lower on the day. The Nasdaq Composite lagged, falling 0.6%.The “Santa Claus rally” period encompass the last five trading days of December and the first five of January. This is a historically strong period for the market, with the S&P 500 averaging a return of 1.7% since 1928.","news_type":1,"symbols_score_info":{".SPX":0.9,".IXIC":0.9,".DJI":0.9}},"isVote":1,"tweetType":1,"viewCount":3811,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":696215116,"gmtCreate":1640702102840,"gmtModify":1640702103029,"author":{"id":"3586473514667147","authorId":"3586473514667147","name":"gky","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3586473514667147","authorIdStr":"3586473514667147"},"themes":[],"title":"","htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/696215116","repostId":"2194555438","repostType":4,"isVote":1,"tweetType":1,"viewCount":4298,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":698045002,"gmtCreate":1640269282307,"gmtModify":1640269282478,"author":{"id":"3586473514667147","authorId":"3586473514667147","name":"gky","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3586473514667147","authorIdStr":"3586473514667147"},"themes":[],"title":"","htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/698045002","repostId":"1165632180","repostType":4,"isVote":1,"tweetType":1,"viewCount":4386,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":691614333,"gmtCreate":1640183226341,"gmtModify":1640183614305,"author":{"id":"3586473514667147","authorId":"3586473514667147","name":"gky","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3586473514667147","authorIdStr":"3586473514667147"},"themes":[],"title":"","htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/691614333","repostId":"1134560769","repostType":4,"repost":{"id":"1134560769","kind":"news","weMediaInfo":{"introduction":"Stock Market Quotes, Business News, Financial News, Trading Ideas, and Stock Research by Professionals","home_visible":0,"media_name":"Benzinga Earnings","id":"1052270027","head_image":"https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa"},"pubTimestamp":1640177374,"share":"https://www.laohunote.com/m/news/1134560769?lang=zh_CN&edition=full","pubTime":"2021-12-22 20:49","market":"us","language":"en","title":"Melco Partners With Marriott To Develop W Hotel In Macau<blockquote>新濠与万豪合作开发澳门W酒店</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1134560769","media":"Benzinga Earnings","summary":"Melco Resorts & Entertainment Ltd has entered into a strategic partnership with Marriott Internation","content":"<p><b>Melco Resorts & Entertainment Ltd</b> has entered into a strategic partnership with <b>Marriott International Inc</b> to bring the W Hotels Worldwide brand to Studio City Phase 2 in Macau.</p><p><blockquote><b>新濠娱乐有限公司</b>已与<b>万豪国际公司</b>将 W Hotels Worldwide 品牌带入澳门新濠影汇二期。</blockquote></p><p> W Macau - Studio City is scheduled to be open together with Studio City Phase 2 in December 2022.</p><p><blockquote>澳门W-新濠影汇计划于二零二二年十二月连同新濠影汇二期开业。</blockquote></p><p> The hotel will feature 557 guestrooms, including 127 suites and wellness facilities, a spa, fitness center, and indoor swimming pool.</p><p><blockquote>酒店将拥有557间客房,包括127间套房和健康设施、水疗中心、健身中心和室内游泳池。</blockquote></p><p> Studio City's hospitality offerings include indoor & outdoor water parks, a six-screen Cineplex, residency shows, and state-of-the-art MICE space.</p><p><blockquote>影城的酒店服务包括室内和室外水上公园、六屏幕电影院、常驻展览和最先进的老鼠空间。</blockquote></p><p> <b>Price Action:</b> MLCO shares closed higher by 9.99% at $9.91 on Tuesday.</p><p><blockquote><b>价格行为:</b>MLCO 股价周二收盘上涨 9.99%,至 9.91 美元。</blockquote></p><p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Melco Partners With Marriott To Develop W Hotel In Macau<blockquote>新濠与万豪合作开发澳门W酒店</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\">\nMelco Partners With Marriott To Develop W Hotel In Macau<blockquote>新濠与万豪合作开发澳门W酒店</blockquote>\n</h2>\n<h4 class=\"meta\">\n<div class=\"head\" \">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Benzinga Earnings </p>\n<p class=\"h-time smaller\">2021-12-22 20:49</p>\n</div>\n</div>\n</h4>\n</header>\n<article>\n<p><b>Melco Resorts & Entertainment Ltd</b> has entered into a strategic partnership with <b>Marriott International Inc</b> to bring the W Hotels Worldwide brand to Studio City Phase 2 in Macau.</p><p><blockquote><b>新濠娱乐有限公司</b>已与<b>万豪国际公司</b>将 W Hotels Worldwide 品牌带入澳门新濠影汇二期。</blockquote></p><p> W Macau - Studio City is scheduled to be open together with Studio City Phase 2 in December 2022.</p><p><blockquote>澳门W-新濠影汇计划于二零二二年十二月连同新濠影汇二期开业。</blockquote></p><p> The hotel will feature 557 guestrooms, including 127 suites and wellness facilities, a spa, fitness center, and indoor swimming pool.</p><p><blockquote>酒店将拥有557间客房,包括127间套房和健康设施、水疗中心、健身中心和室内游泳池。</blockquote></p><p> Studio City's hospitality offerings include indoor & outdoor water parks, a six-screen Cineplex, residency shows, and state-of-the-art MICE space.</p><p><blockquote>影城的酒店服务包括室内和室外水上公园、六屏幕电影院、常驻展览和最先进的老鼠空间。</blockquote></p><p> <b>Price Action:</b> MLCO shares closed higher by 9.99% at $9.91 on Tuesday.</p><p><blockquote><b>价格行为:</b>MLCO 股价周二收盘上涨 9.99%,至 9.91 美元。</blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"MLCO":"新濠博亚娱乐","MAR":"万豪酒店"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1134560769","content_text":"Melco Resorts & Entertainment Ltd has entered into a strategic partnership with Marriott International Inc to bring the W Hotels Worldwide brand to Studio City Phase 2 in Macau.\nW Macau - Studio City is scheduled to be open together with Studio City Phase 2 in December 2022.\nThe hotel will feature 557 guestrooms, including 127 suites and wellness facilities, a spa, fitness center, and indoor swimming pool.\nStudio City's hospitality offerings include indoor & outdoor water parks, a six-screen Cineplex, residency shows, and state-of-the-art MICE space.\nPrice Action: MLCO shares closed higher by 9.99% at $9.91 on Tuesday.","news_type":1,"symbols_score_info":{"MLCO":0.9,"MAR":0.9}},"isVote":1,"tweetType":1,"viewCount":3461,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":693427396,"gmtCreate":1640067425478,"gmtModify":1640067425684,"author":{"id":"3586473514667147","authorId":"3586473514667147","name":"gky","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3586473514667147","authorIdStr":"3586473514667147"},"themes":[],"title":"","htmlText":"Buy","listText":"Buy","text":"Buy","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/693427396","repostId":"1180303139","repostType":4,"repost":{"id":"1180303139","kind":"news","pubTimestamp":1640064067,"share":"https://www.laohunote.com/m/news/1180303139?lang=zh_CN&edition=full","pubTime":"2021-12-21 13:21","market":"us","language":"en","title":"Nio Is Now Down 58% From Its High. Is It a Buy?<blockquote>蔚来现在比高点下跌了58%。值得购买吗?</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1180303139","media":"Motley Fool","summary":"For Nio, 2022 should be very different from 2021.","content":"<p>Shares of <b>Nio</b> (NYSE:NIO) set their all-time high back on Jan. 11, when they traded at $66.99 at some point during the day. As I write this at 2 p.m. ET on Monday, the stock is down about 58% from that all-time high. (If you prefer to measure from closing prices, it's down just over 55% from its highest-ever close of $62.84, set on Feb. 9. Either way, not good.)</p><p><blockquote>股份<b>蔚来</b>(纽约证券交易所股票代码:NIO)在 1 月 11 日创下历史新高,当时它们的交易价格为 66.99 美元。当我在下午 2 点写这篇文章时美国东部时间周一,该股较历史高点下跌了约 58%。(如果你更喜欢从收盘价来衡量,它比 2 月 9 日创下的历史最高收盘价 62.84 美元下跌了 55% 多一点。不管怎样,都不好。)</blockquote></p><p> Clearly it has been a rough year for Nio, which has been hit by COVID-19 shutdowns,supply chain challenges, and a lull in its new-product cycle that allowed competitors to gain ground.</p><p><blockquote>显然,对于蔚来来说,这是艰难的一年,该公司受到了 COVID-19 停工、供应链挑战以及新产品周期停滞的打击,这使得竞争对手得以取得进展。</blockquote></p><p> That lull will end soon. Nio will begin shipping its long-awaited ET7 sedan in March, followed in September by the one-size-down ET5, which was revealed on Saturday.Meanwhile, its order books remain strong, its customer satisfaction is high, and there are signs that it <i>may</i> have put the worst of the supply chain woes in the rearview mirror.</p><p><blockquote>这种平静很快就会结束。蔚来将于 3 月份开始发货期待已久的 ET7 轿车,随后于 9 月份发货尺寸缩小一号的 ET5,并于周六发布。与此同时,其订单量仍然强劲,客户满意度很高,并且有迹象表明<i>可能</i>已经将最严重的供应链困境抛在了后视镜中。</blockquote></p><p> Is that enough to make it a buy?</p><p><blockquote>这足以让它值得购买吗?</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/22ea2e7aac96e7308f35e2a80403198a\" tg-width=\"2000\" tg-height=\"1205\" width=\"100%\" height=\"auto\"><span>NIO'S LONG NEW-PRODUCT LULL WILL END ON MARCH 28, WHEN DELIVERIES OF THE NEW ET7 SEDAN WILL BEGIN. IMAGE SOURCE: NIO.</span></p><p><blockquote><p class=\"t-img-caption\"><span>蔚来漫长的新产品冷静期将于 3 月 28 日结束,届时新款 ET7 轿车将开始交付。图片来源:蔚来。</span></p></blockquote></p><p> Several Wall Street analysts think so. In a new note on Monday,<b>Morgan Stanley</b> analyst Tim Hsiao reiterated the bank's overweight rating and $66 price target on Nio's shares. Hsiao wrote that while the stock's risk-to-reward ratio seems attractive, the market is expecting a lot from Nio in 2022 -- but it seems well positioned to deliver.</p><p><blockquote>几位华尔街分析师是这么认为的。在周一的一份新报告中,<b>摩根士丹利</b>分析师 Tim Hsiao 重申了该行对蔚来汽车股票的跑赢大盘评级和 66 美元的目标价。肖写道,虽然该股的风险回报率似乎很有吸引力,但市场对蔚来在 2022 年寄予厚望,但它似乎处于有利地位,能够实现这一目标。</blockquote></p><p> Hsiao isn't an outlier. Last month,<b>Citi</b> analyst Jeff Chung noted that Nio is expected to launch three new products and revise its three existing vehicles next year, putting it in position to gain back the market share it lost to newer models from rivals like <b>Xpeng</b>,<b>Li Auto</b>, and <b>Tesla</b>. He maintained his bank's buy rating and $87 price target for Nio's shares.</p><p><blockquote>萧不是个例外。上个月,<b>花旗</b>分析师 Jeff Chung 指出,蔚来预计明年将推出三款新产品并修改其三款现有车型,从而能够夺回因竞争对手的新车型而失去的市场份额,例如<b>小鹏</b>,<b>理想汽车</b>,和<b>特斯拉</b>.他维持了银行对蔚来汽车股票的买入评级和 87 美元的目标价。</blockquote></p><p> I'm inclined to agree with both. We haven't yet seen the third new model that Chung mentioned (the others are the ET5 and ET7), and my sense is that Nio is keeping some other surprises up its sleeve for now. While investors may need to be patient through the next few months, the new sedans -- and those surprises -- could be just what's needed to bump the stock price back up in 2022.</p><p><blockquote>我倾向于同意两者。我们还没有看到 Chung 提到的第三款新车型(其他车型是 ET5 和 ET7),我的感觉是蔚来目前正在准备一些其他惊喜。虽然投资者可能需要在未来几个月保持耐心,但新轿车和这些惊喜可能正是 2022 年股价回升所需要的。</blockquote></p><p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Nio Is Now Down 58% From Its High. Is It a Buy?<blockquote>蔚来现在比高点下跌了58%。值得购买吗?</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nNio Is Now Down 58% From Its High. Is It a Buy?<blockquote>蔚来现在比高点下跌了58%。值得购买吗?</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Motley Fool</strong><span class=\"h-time small\">2021-12-21 13:21</span>\n</p>\n</h4>\n</header>\n<article>\n<p>Shares of <b>Nio</b> (NYSE:NIO) set their all-time high back on Jan. 11, when they traded at $66.99 at some point during the day. As I write this at 2 p.m. ET on Monday, the stock is down about 58% from that all-time high. (If you prefer to measure from closing prices, it's down just over 55% from its highest-ever close of $62.84, set on Feb. 9. Either way, not good.)</p><p><blockquote>股份<b>蔚来</b>(纽约证券交易所股票代码:NIO)在 1 月 11 日创下历史新高,当时它们的交易价格为 66.99 美元。当我在下午 2 点写这篇文章时美国东部时间周一,该股较历史高点下跌了约 58%。(如果你更喜欢从收盘价来衡量,它比 2 月 9 日创下的历史最高收盘价 62.84 美元下跌了 55% 多一点。不管怎样,都不好。)</blockquote></p><p> Clearly it has been a rough year for Nio, which has been hit by COVID-19 shutdowns,supply chain challenges, and a lull in its new-product cycle that allowed competitors to gain ground.</p><p><blockquote>显然,对于蔚来来说,这是艰难的一年,该公司受到了 COVID-19 停工、供应链挑战以及新产品周期停滞的打击,这使得竞争对手得以取得进展。</blockquote></p><p> That lull will end soon. Nio will begin shipping its long-awaited ET7 sedan in March, followed in September by the one-size-down ET5, which was revealed on Saturday.Meanwhile, its order books remain strong, its customer satisfaction is high, and there are signs that it <i>may</i> have put the worst of the supply chain woes in the rearview mirror.</p><p><blockquote>这种平静很快就会结束。蔚来将于 3 月份开始发货期待已久的 ET7 轿车,随后于 9 月份发货尺寸缩小一号的 ET5,并于周六发布。与此同时,其订单量仍然强劲,客户满意度很高,并且有迹象表明<i>可能</i>已经将最严重的供应链困境抛在了后视镜中。</blockquote></p><p> Is that enough to make it a buy?</p><p><blockquote>这足以让它值得购买吗?</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/22ea2e7aac96e7308f35e2a80403198a\" tg-width=\"2000\" tg-height=\"1205\" width=\"100%\" height=\"auto\"><span>NIO'S LONG NEW-PRODUCT LULL WILL END ON MARCH 28, WHEN DELIVERIES OF THE NEW ET7 SEDAN WILL BEGIN. IMAGE SOURCE: NIO.</span></p><p><blockquote><p class=\"t-img-caption\"><span>蔚来漫长的新产品冷静期将于 3 月 28 日结束,届时新款 ET7 轿车将开始交付。图片来源:蔚来。</span></p></blockquote></p><p> Several Wall Street analysts think so. In a new note on Monday,<b>Morgan Stanley</b> analyst Tim Hsiao reiterated the bank's overweight rating and $66 price target on Nio's shares. Hsiao wrote that while the stock's risk-to-reward ratio seems attractive, the market is expecting a lot from Nio in 2022 -- but it seems well positioned to deliver.</p><p><blockquote>几位华尔街分析师是这么认为的。在周一的一份新报告中,<b>摩根士丹利</b>分析师 Tim Hsiao 重申了该行对蔚来汽车股票的跑赢大盘评级和 66 美元的目标价。肖写道,虽然该股的风险回报率似乎很有吸引力,但市场对蔚来在 2022 年寄予厚望,但它似乎处于有利地位,能够实现这一目标。</blockquote></p><p> Hsiao isn't an outlier. Last month,<b>Citi</b> analyst Jeff Chung noted that Nio is expected to launch three new products and revise its three existing vehicles next year, putting it in position to gain back the market share it lost to newer models from rivals like <b>Xpeng</b>,<b>Li Auto</b>, and <b>Tesla</b>. He maintained his bank's buy rating and $87 price target for Nio's shares.</p><p><blockquote>萧不是个例外。上个月,<b>花旗</b>分析师 Jeff Chung 指出,蔚来预计明年将推出三款新产品并修改其三款现有车型,从而能够夺回因竞争对手的新车型而失去的市场份额,例如<b>小鹏</b>,<b>理想汽车</b>,和<b>特斯拉</b>.他维持了银行对蔚来汽车股票的买入评级和 87 美元的目标价。</blockquote></p><p> I'm inclined to agree with both. We haven't yet seen the third new model that Chung mentioned (the others are the ET5 and ET7), and my sense is that Nio is keeping some other surprises up its sleeve for now. While investors may need to be patient through the next few months, the new sedans -- and those surprises -- could be just what's needed to bump the stock price back up in 2022.</p><p><blockquote>我倾向于同意两者。我们还没有看到 Chung 提到的第三款新车型(其他车型是 ET5 和 ET7),我的感觉是蔚来目前正在准备一些其他惊喜。虽然投资者可能需要在未来几个月保持耐心,但新轿车和这些惊喜可能正是 2022 年股价回升所需要的。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源:<a href=\"https://www.fool.com/investing/2021/12/20/nio-is-now-down-58-from-its-high-is-it-a-buy/\">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":{"NIO":"蔚来"},"source_url":"https://www.fool.com/investing/2021/12/20/nio-is-now-down-58-from-its-high-is-it-a-buy/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1180303139","content_text":"Shares of Nio (NYSE:NIO) set their all-time high back on Jan. 11, when they traded at $66.99 at some point during the day. As I write this at 2 p.m. ET on Monday, the stock is down about 58% from that all-time high. (If you prefer to measure from closing prices, it's down just over 55% from its highest-ever close of $62.84, set on Feb. 9. Either way, not good.)\nClearly it has been a rough year for Nio, which has been hit by COVID-19 shutdowns,supply chain challenges, and a lull in its new-product cycle that allowed competitors to gain ground.\nThat lull will end soon. Nio will begin shipping its long-awaited ET7 sedan in March, followed in September by the one-size-down ET5, which was revealed on Saturday.Meanwhile, its order books remain strong, its customer satisfaction is high, and there are signs that it may have put the worst of the supply chain woes in the rearview mirror.\nIs that enough to make it a buy?\nNIO'S LONG NEW-PRODUCT LULL WILL END ON MARCH 28, WHEN DELIVERIES OF THE NEW ET7 SEDAN WILL BEGIN. IMAGE SOURCE: NIO.\nSeveral Wall Street analysts think so. In a new note on Monday,Morgan Stanley analyst Tim Hsiao reiterated the bank's overweight rating and $66 price target on Nio's shares. Hsiao wrote that while the stock's risk-to-reward ratio seems attractive, the market is expecting a lot from Nio in 2022 -- but it seems well positioned to deliver.\nHsiao isn't an outlier. Last month,Citi analyst Jeff Chung noted that Nio is expected to launch three new products and revise its three existing vehicles next year, putting it in position to gain back the market share it lost to newer models from rivals like Xpeng,Li Auto, and Tesla. He maintained his bank's buy rating and $87 price target for Nio's shares.\nI'm inclined to agree with both. We haven't yet seen the third new model that Chung mentioned (the others are the ET5 and ET7), and my sense is that Nio is keeping some other surprises up its sleeve for now. While investors may need to be patient through the next few months, the new sedans -- and those surprises -- could be just what's needed to bump the stock price back up in 2022.","news_type":1,"symbols_score_info":{"NIO":0.9}},"isVote":1,"tweetType":1,"viewCount":3866,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":693098287,"gmtCreate":1639921681473,"gmtModify":1639921681659,"author":{"id":"3586473514667147","authorId":"3586473514667147","name":"gky","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3586473514667147","authorIdStr":"3586473514667147"},"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/693098287","repostId":"1157504157","repostType":4,"repost":{"id":"1157504157","kind":"news","pubTimestamp":1639872188,"share":"https://www.laohunote.com/m/news/1157504157?lang=zh_CN&edition=full","pubTime":"2021-12-19 08:03","market":"us","language":"en","title":"Microsoft's top priority for 2022? It could be data management<blockquote>微软2022年的首要任务?可能是数据管理</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1157504157","media":"Seeking Alpha","summary":"Microsoft might have its work cut out for it when it comes to improving on how things went overall ","content":"<p><a href=\"https://laohu8.com/S/MSFT\">Microsoft </a> might have its work cut out for it when it comes to improving on how things went overall for it in 2021.</p><p><blockquote><a href=\"https://laohu8.com/S/MSFT\">微软</a>当谈到改善2021年的整体情况时,它可能会有很多工作要做。</blockquote></p><p> After all, the software giant's earnings results continue to show it growing in areas such as cloud computing and personal computers. Microsoft (MSFT) also thinks so highly of its outlook that it believes it could surpass $50 billion in quarterly revenue for the first time with its next report. Investors should also be pleased with how Microsoft (MSFT) has performed on the stock market this year, as its shares have climbed more than 44% since the end of 2021.</p><p><blockquote>毕竟,这家软件巨头的盈利结果继续显示它在云计算和个人电脑等领域的增长。微软 (MSFT) 也对其前景给予了高度评价,认为其下一份报告的季度收入可能会首次超过 500 亿美元。投资者也应该对微软 (MSFT) 今年在股市上的表现感到满意,因为自 2021 年底以来,其股价已上涨超过 44%。</blockquote></p><p> And then there was the symbolic, if temporary, victory Microsoft (MSFT) could claim in October when it briefly took the title of World's Most Valuable Company away from Apple (NASDAQ:AAPL). So, needless to say, 2021 has been a good year for Microsoft (MSFT).</p><p><blockquote>然后,微软 (MSFT) 在 10 月份取得了象征性的、尽管是暂时的胜利,当时它短暂地从苹果(纳斯达克股票代码:AAPL)手中夺走了全球最有价值公司的称号。因此,不用说,2021 年对于微软 (MSFT) 来说是丰收的一年。</blockquote></p><p> But, this begs the question of what 2022 might look like for Microsoft (MSFT), and what are going to be the top priorities for Chief Executive Satya Nadella. While Microsoft (MSFT) may still be best-known to many for its Windows operating system, its Microsoft Word program and its Xbox videogame console, the company's data platform and management offerings are likely the areas where Nadella is focusing much of his attention.</p><p><blockquote>但是,这就引出了一个问题:微软 (MSFT) 的 2022 年可能会是什么样子,以及首席执行官萨蒂亚·纳德拉 (Satya Nadella) 的首要任务是什么。虽然微软 (MSFT) 可能仍然因其 Windows 操作系统、微软 Word 程序和 Xbox 视频游戏机而为许多人所熟知,但该公司的数据平台和管理产品可能是纳德拉重点关注的领域。</blockquote></p><p> That's the opinion of Morgan Stanley analyst Keith Weiss, who said that Nadella's earnings call comments \"match well to the key priorities Microsoft is investing most aggressively behind.\" Based on how data offerings such as platforms and databases like Azure are playing a role in Microsoft's (MSFT) growth, it should come as no surprise that Nadella would make such areas a focus of the company's overall strategy for the foreseeable future.</p><p><blockquote>这是摩根士丹利分析师基思·韦斯 (Keith Weiss) 的观点,他表示纳德拉的盈利看涨期权评论“与微软最积极投资的关键优先事项非常匹配”。基于 Azure 等平台和数据库等数据产品如何在微软 (MSFT) 的增长中发挥作用,纳德拉将这些领域作为公司在可预见的未来整体战略的重点也就不足为奇了。</blockquote></p><p> Weiss noted that based on industry data, Microsoft (MSFT) has become the No. 1 vendor for data management offerings, with a 28% share of the market. For comparison, Oracle (NYSE:ORCL) is the No. 2 company, with a 22% market share, and Amazon Web Services (NASDAQ:AMZN) is in third place with 9% of the data management market.</p><p><blockquote>Weiss指出,根据行业数据,微软(MSFT)已成为数据管理产品的第一大供应商,市场份额为28%。相比之下,甲骨文(纽约证券交易所股票代码:ORCL)是第二大公司,拥有 22% 的市场份额,亚马逊网络服务(纳斯达克股票代码:AMZN)排名第三,拥有数据管理市场 9% 的份额。</blockquote></p><p> Weiss, who has an outperform rating and $364-a-share target price on Microsoft's (MSFT) stock, noted that data platform products and services made up about 12% of the company's total revenue during the first half of 2021, up from 10% in 2017. Cloud revenue has also more than doubled over that same period, from 3% to approximately 7% of sales, and Weiss said he expects such sales to be \"a key source\" of Microsoft's business growth heading into 2022.</p><p><blockquote>Weiss 对微软 (MSFT) 股票给予跑赢大盘评级,目标价为每股 364 美元,他指出,2021 年上半年数据平台产品和服务约占公司总收入的 12%,高于 2017 年的 10%。同期,云收入也增加了一倍多,从销售额的 3% 增加到约 7%,韦斯表示,他预计此类销售将成为微软 2022 年业务增长的“关键来源”。</blockquote></p><p> Weiss said that because of Microsoft's strong positioning in the data management market, and its management's high level of focus on data as part of the broader digital transformation, \"Within this data platform market, Microsoft's broad collection of cloud and on-premise data offerings lead to a No. 1 market position.\"</p><p><blockquote>Weiss表示,由于微软在数据管理市场的强大定位,以及其管理层对数据的高度关注,作为更广泛的数字化转型的一部分,“在这个数据平台市场中,微软广泛收集的云和本地数据产品导致了第一的市场地位。”</blockquote></p><p> Weiss, and other Morgan Stanley analysts, also rated Microsoft (MSFT) as to top pick for 2022 as part of a \"gut check\" look at the software sector for next year.</p><p><blockquote>韦斯和其他摩根士丹利分析师还将微软 (MSFT) 评为 2022 年的首选,作为明年软件行业“直觉检查”的一部分。</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>Microsoft's top priority for 2022? It could be data management<blockquote>微软2022年的首要任务?可能是数据管理</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\">\nMicrosoft's top priority for 2022? It could be data management<blockquote>微软2022年的首要任务?可能是数据管理</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Seeking Alpha</strong><span class=\"h-time small\">2021-12-19 08:03</span>\n</p>\n</h4>\n</header>\n<article>\n<p><a href=\"https://laohu8.com/S/MSFT\">Microsoft </a> might have its work cut out for it when it comes to improving on how things went overall for it in 2021.</p><p><blockquote><a href=\"https://laohu8.com/S/MSFT\">微软</a>当谈到改善2021年的整体情况时,它可能会有很多工作要做。</blockquote></p><p> After all, the software giant's earnings results continue to show it growing in areas such as cloud computing and personal computers. Microsoft (MSFT) also thinks so highly of its outlook that it believes it could surpass $50 billion in quarterly revenue for the first time with its next report. Investors should also be pleased with how Microsoft (MSFT) has performed on the stock market this year, as its shares have climbed more than 44% since the end of 2021.</p><p><blockquote>毕竟,这家软件巨头的盈利结果继续显示它在云计算和个人电脑等领域的增长。微软 (MSFT) 也对其前景给予了高度评价,认为其下一份报告的季度收入可能会首次超过 500 亿美元。投资者也应该对微软 (MSFT) 今年在股市上的表现感到满意,因为自 2021 年底以来,其股价已上涨超过 44%。</blockquote></p><p> And then there was the symbolic, if temporary, victory Microsoft (MSFT) could claim in October when it briefly took the title of World's Most Valuable Company away from Apple (NASDAQ:AAPL). So, needless to say, 2021 has been a good year for Microsoft (MSFT).</p><p><blockquote>然后,微软 (MSFT) 在 10 月份取得了象征性的、尽管是暂时的胜利,当时它短暂地从苹果(纳斯达克股票代码:AAPL)手中夺走了全球最有价值公司的称号。因此,不用说,2021 年对于微软 (MSFT) 来说是丰收的一年。</blockquote></p><p> But, this begs the question of what 2022 might look like for Microsoft (MSFT), and what are going to be the top priorities for Chief Executive Satya Nadella. While Microsoft (MSFT) may still be best-known to many for its Windows operating system, its Microsoft Word program and its Xbox videogame console, the company's data platform and management offerings are likely the areas where Nadella is focusing much of his attention.</p><p><blockquote>但是,这就引出了一个问题:微软 (MSFT) 的 2022 年可能会是什么样子,以及首席执行官萨蒂亚·纳德拉 (Satya Nadella) 的首要任务是什么。虽然微软 (MSFT) 可能仍然因其 Windows 操作系统、微软 Word 程序和 Xbox 视频游戏机而为许多人所熟知,但该公司的数据平台和管理产品可能是纳德拉重点关注的领域。</blockquote></p><p> That's the opinion of Morgan Stanley analyst Keith Weiss, who said that Nadella's earnings call comments \"match well to the key priorities Microsoft is investing most aggressively behind.\" Based on how data offerings such as platforms and databases like Azure are playing a role in Microsoft's (MSFT) growth, it should come as no surprise that Nadella would make such areas a focus of the company's overall strategy for the foreseeable future.</p><p><blockquote>这是摩根士丹利分析师基思·韦斯 (Keith Weiss) 的观点,他表示纳德拉的盈利看涨期权评论“与微软最积极投资的关键优先事项非常匹配”。基于 Azure 等平台和数据库等数据产品如何在微软 (MSFT) 的增长中发挥作用,纳德拉将这些领域作为公司在可预见的未来整体战略的重点也就不足为奇了。</blockquote></p><p> Weiss noted that based on industry data, Microsoft (MSFT) has become the No. 1 vendor for data management offerings, with a 28% share of the market. For comparison, Oracle (NYSE:ORCL) is the No. 2 company, with a 22% market share, and Amazon Web Services (NASDAQ:AMZN) is in third place with 9% of the data management market.</p><p><blockquote>Weiss指出,根据行业数据,微软(MSFT)已成为数据管理产品的第一大供应商,市场份额为28%。相比之下,甲骨文(纽约证券交易所股票代码:ORCL)是第二大公司,拥有 22% 的市场份额,亚马逊网络服务(纳斯达克股票代码:AMZN)排名第三,拥有数据管理市场 9% 的份额。</blockquote></p><p> Weiss, who has an outperform rating and $364-a-share target price on Microsoft's (MSFT) stock, noted that data platform products and services made up about 12% of the company's total revenue during the first half of 2021, up from 10% in 2017. Cloud revenue has also more than doubled over that same period, from 3% to approximately 7% of sales, and Weiss said he expects such sales to be \"a key source\" of Microsoft's business growth heading into 2022.</p><p><blockquote>Weiss 对微软 (MSFT) 股票给予跑赢大盘评级,目标价为每股 364 美元,他指出,2021 年上半年数据平台产品和服务约占公司总收入的 12%,高于 2017 年的 10%。同期,云收入也增加了一倍多,从销售额的 3% 增加到约 7%,韦斯表示,他预计此类销售将成为微软 2022 年业务增长的“关键来源”。</blockquote></p><p> Weiss said that because of Microsoft's strong positioning in the data management market, and its management's high level of focus on data as part of the broader digital transformation, \"Within this data platform market, Microsoft's broad collection of cloud and on-premise data offerings lead to a No. 1 market position.\"</p><p><blockquote>Weiss表示,由于微软在数据管理市场的强大定位,以及其管理层对数据的高度关注,作为更广泛的数字化转型的一部分,“在这个数据平台市场中,微软广泛收集的云和本地数据产品导致了第一的市场地位。”</blockquote></p><p> Weiss, and other Morgan Stanley analysts, also rated Microsoft (MSFT) as to top pick for 2022 as part of a \"gut check\" look at the software sector for next year.</p><p><blockquote>韦斯和其他摩根士丹利分析师还将微软 (MSFT) 评为 2022 年的首选,作为明年软件行业“直觉检查”的一部分。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源:<a href=\"https://seekingalpha.com/news/3781376-microsofts-top-priority-for-2022-it-could-be-data-management\">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":{"MSFT":"微软"},"source_url":"https://seekingalpha.com/news/3781376-microsofts-top-priority-for-2022-it-could-be-data-management","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1157504157","content_text":"Microsoft might have its work cut out for it when it comes to improving on how things went overall for it in 2021.\nAfter all, the software giant's earnings results continue to show it growing in areas such as cloud computing and personal computers. Microsoft (MSFT) also thinks so highly of its outlook that it believes it could surpass $50 billion in quarterly revenue for the first time with its next report. Investors should also be pleased with how Microsoft (MSFT) has performed on the stock market this year, as its shares have climbed more than 44% since the end of 2021.\nAnd then there was the symbolic, if temporary, victory Microsoft (MSFT) could claim in October when it briefly took the title of World's Most Valuable Company away from Apple (NASDAQ:AAPL). So, needless to say, 2021 has been a good year for Microsoft (MSFT).\nBut, this begs the question of what 2022 might look like for Microsoft (MSFT), and what are going to be the top priorities for Chief Executive Satya Nadella. While Microsoft (MSFT) may still be best-known to many for its Windows operating system, its Microsoft Word program and its Xbox videogame console, the company's data platform and management offerings are likely the areas where Nadella is focusing much of his attention.\nThat's the opinion of Morgan Stanley analyst Keith Weiss, who said that Nadella's earnings call comments \"match well to the key priorities Microsoft is investing most aggressively behind.\" Based on how data offerings such as platforms and databases like Azure are playing a role in Microsoft's (MSFT) growth, it should come as no surprise that Nadella would make such areas a focus of the company's overall strategy for the foreseeable future.\nWeiss noted that based on industry data, Microsoft (MSFT) has become the No. 1 vendor for data management offerings, with a 28% share of the market. For comparison, Oracle (NYSE:ORCL) is the No. 2 company, with a 22% market share, and Amazon Web Services (NASDAQ:AMZN) is in third place with 9% of the data management market.\nWeiss, who has an outperform rating and $364-a-share target price on Microsoft's (MSFT) stock, noted that data platform products and services made up about 12% of the company's total revenue during the first half of 2021, up from 10% in 2017. Cloud revenue has also more than doubled over that same period, from 3% to approximately 7% of sales, and Weiss said he expects such sales to be \"a key source\" of Microsoft's business growth heading into 2022.\nWeiss said that because of Microsoft's strong positioning in the data management market, and its management's high level of focus on data as part of the broader digital transformation, \"Within this data platform market, Microsoft's broad collection of cloud and on-premise data offerings lead to a No. 1 market position.\"\nWeiss, and other Morgan Stanley analysts, also rated Microsoft (MSFT) as to top pick for 2022 as part of a \"gut check\" look at the software sector for next year.","news_type":1,"symbols_score_info":{"MSFT":0.9}},"isVote":1,"tweetType":1,"viewCount":3618,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":699249604,"gmtCreate":1639821675027,"gmtModify":1639821675283,"author":{"id":"3586473514667147","authorId":"3586473514667147","name":"gky","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3586473514667147","authorIdStr":"3586473514667147"},"themes":[],"title":"","htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/699249604","repostId":"2192754259","repostType":4,"isVote":1,"tweetType":1,"viewCount":4071,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":690239979,"gmtCreate":1639668129324,"gmtModify":1639668129545,"author":{"id":"3586473514667147","authorId":"3586473514667147","name":"gky","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3586473514667147","authorIdStr":"3586473514667147"},"themes":[],"title":"","htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":10,"commentSize":4,"repostSize":0,"link":"https://laohu8.com/post/690239979","repostId":"1108384523","repostType":4,"repost":{"id":"1108384523","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":1639667369,"share":"https://www.laohunote.com/m/news/1108384523?lang=zh_CN&edition=full","pubTime":"2021-12-16 23:09","market":"us","language":"en","title":"Vir Biotechnology continued to gain over 7% in morning trading after showing neutralizing activity against omicron<blockquote>Vir Biotechnology 在显示出针对奥密克戎的中和活动后,早盘交易中继续上涨超过 7%</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1108384523","media":"Tiger Newspress","summary":"Vir Biotechnology continued to gain over 7% in morning trading after showing neutralizing activity a","content":"<p>Vir Biotechnology continued to gain over 7% in morning trading after showing neutralizing activity against omicron.<img src=\"https://static.tigerbbs.com/07fe5a6b831322eef2c479861ad70527\" tg-width=\"766\" tg-height=\"563\" width=\"100%\" height=\"auto\">The company announced new preclinical data, published to the preprint server bioRxiv, demonstrating the impact of the significant antigenic shift of the new COVID-19 omicron variant (B.1.1.529). </p><p><blockquote>Vir Biotechnology 在显示出针对奥密克戎的中和活动后,在早盘交易中继续上涨超过 7%。该公司宣布了新的临床前数据,发布到预印本服务器 bioRxiv,证明了新的 COVID-19 奥密克戎变体 (B.1.1.529) 显着抗原转变的影响。</blockquote></p><p> A significant reduction in plasma neutralizing activity was observed against omicron in sera from vaccinated and convalescent individuals. </p><p><blockquote>在接种疫苗和恢复期个体的血清中观察到针对奥密克戎的血浆中和活性显著降低。</blockquote></p><p> Researchers also tested the in vitro neutralizing activity of 44 monoclonal antibodies (mAbs) (eight of which are currently authorized or approved). </p><p><blockquote>研究人员还测试了44种单克隆抗体(mAb)的体外中和活性(其中8种目前已获得授权或批准)。</blockquote></p><p> Data demonstrate that sotrovimab and five other preclinical mAbs, developed by Vir in conjunction with GlaxoSmithKline plc (NYSE: GSK), retained their in vitro neutralizing activity against omicron.</p><p><blockquote>数据显示,由Vir与葛兰素史克公司(纽约证券交易所代码:GSK)联合开发的sotrovimab和其他五种临床前单克隆抗体保留了对奥密克戎病毒的体外中和活性。</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>Vir Biotechnology continued to gain over 7% in morning trading after showing neutralizing activity against omicron<blockquote>Vir Biotechnology 在显示出针对奥密克戎的中和活动后,早盘交易中继续上涨超过 7%</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; 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#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\">\nVir Biotechnology continued to gain over 7% in morning trading after showing neutralizing activity against omicron<blockquote>Vir Biotechnology 在显示出针对奥密克戎的中和活动后,早盘交易中继续上涨超过 7%</blockquote>\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time smaller\">2021-12-16 23:09</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>Vir Biotechnology continued to gain over 7% in morning trading after showing neutralizing activity against omicron.<img src=\"https://static.tigerbbs.com/07fe5a6b831322eef2c479861ad70527\" tg-width=\"766\" tg-height=\"563\" width=\"100%\" height=\"auto\">The company announced new preclinical data, published to the preprint server bioRxiv, demonstrating the impact of the significant antigenic shift of the new COVID-19 omicron variant (B.1.1.529). </p><p><blockquote>Vir Biotechnology 在显示出针对奥密克戎的中和活动后,在早盘交易中继续上涨超过 7%。该公司宣布了新的临床前数据,发布到预印本服务器 bioRxiv,证明了新的 COVID-19 奥密克戎变体 (B.1.1.529) 显着抗原转变的影响。</blockquote></p><p> A significant reduction in plasma neutralizing activity was observed against omicron in sera from vaccinated and convalescent individuals. </p><p><blockquote>在接种疫苗和恢复期个体的血清中观察到针对奥密克戎的血浆中和活性显著降低。</blockquote></p><p> Researchers also tested the in vitro neutralizing activity of 44 monoclonal antibodies (mAbs) (eight of which are currently authorized or approved). </p><p><blockquote>研究人员还测试了44种单克隆抗体(mAb)的体外中和活性(其中8种目前已获得授权或批准)。</blockquote></p><p> Data demonstrate that sotrovimab and five other preclinical mAbs, developed by Vir in conjunction with GlaxoSmithKline plc (NYSE: GSK), retained their in vitro neutralizing activity against omicron.</p><p><blockquote>数据显示,由Vir与葛兰素史克公司(纽约证券交易所代码:GSK)联合开发的sotrovimab和其他五种临床前单克隆抗体保留了对奥密克戎病毒的体外中和活性。</blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"VIR":"Vir Biotechnology, Inc."},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1108384523","content_text":"Vir Biotechnology continued to gain over 7% in morning trading after showing neutralizing activity against omicron.The company announced new preclinical data, published to the preprint server bioRxiv, demonstrating the impact of the significant antigenic shift of the new COVID-19 omicron variant (B.1.1.529). \nA significant reduction in plasma neutralizing activity was observed against omicron in sera from vaccinated and convalescent individuals. \nResearchers also tested the in vitro neutralizing activity of 44 monoclonal antibodies (mAbs) (eight of which are currently authorized or approved). \nData demonstrate that sotrovimab and five other preclinical mAbs, developed by Vir in conjunction with GlaxoSmithKline plc (NYSE: GSK), retained their in vitro neutralizing activity against omicron.","news_type":1,"symbols_score_info":{"VIR":0.9}},"isVote":1,"tweetType":1,"viewCount":3963,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":607939334,"gmtCreate":1639470693059,"gmtModify":1639470693261,"author":{"id":"3586473514667147","authorId":"3586473514667147","name":"gky","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3586473514667147","authorIdStr":"3586473514667147"},"themes":[],"title":"","htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/607939334","repostId":"1193701389","repostType":4,"repost":{"id":"1193701389","kind":"news","pubTimestamp":1639460770,"share":"https://www.laohunote.com/m/news/1193701389?lang=zh_CN&edition=full","pubTime":"2021-12-14 13:46","market":"us","language":"en","title":"Why Nvidia Stock Keeps Dropping<blockquote>为什么英伟达股价持续下跌</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1193701389","media":"Motley Fool","summary":"Nvidia has been a big gainer, but now other, smaller chip stocks look cheaper.","content":"<p><b>What happened</b></p><p><blockquote><b>发生了什么事</b></blockquote></p><p> Shares of semiconductor company <b>Nvidia</b> dropped again on Monday -- down 6.8% as of closed -- its fourth straight down day in a row. There doesn't appear to be any particular news behind today's decline, at least not specific to Nvidia.</p><p><blockquote>半导体公司股票<b>英伟达</b>周一再次下跌,截至收盘下跌 6.8%,连续第四天下跌。今天的下跌背后似乎没有任何特别的消息,至少不是针对英伟达的。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/fe9777cd8866f53c260abe399593d3d0\" tg-width=\"2000\" tg-height=\"1333\" width=\"100%\" height=\"auto\"><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>So what</b></p><p><blockquote><b>那又怎样</b></blockquote></p><p> From a big picture perspective, the news isn't great. CNBC reported this morning there's a risk that the ongoing chip shortage could depress Christmas shopping this year.</p><p><blockquote>从大局来看,这个消息并不好。CNBC 今天上午报道称,持续的芯片短缺可能会抑制今年的圣诞购物。</blockquote></p><p> Although high demand for high-end Nvidia graphics chips is generally good news for the company and its pricing power, the network notes that \"semiconductors are beneath the hood of an increasing number of products,\" but \"things made with chips don't just use one chip.\" Thus, even a PC manufacturer lucky enough to get hold of all the Nvidia chips it needs might not be able to sell its PC if it can't also get all the power control, memory, and other chips it also needs to build the product. Or the manufacturer might not buy the Nvidia chips in the first place if it knows it won't be able to obtain the other chips.</p><p><blockquote>尽管对高端英伟达图形芯片的高需求通常对该公司及其定价能力来说是个好消息,但该网络指出,“半导体处于越来越多产品的引擎盖下”,但“用芯片制造的东西不仅仅使用一个芯片。”因此,即使是一家足够幸运地获得了所需的所有英伟达芯片的PC制造商,如果不能获得构建产品所需的所有电源控制、内存和其他芯片,也可能无法销售其PC。或者,如果制造商知道自己无法获得其他芯片,它可能一开始就不会购买英伟达芯片。</blockquote></p><p> <b>Now what</b></p><p><blockquote><b>现在呢</b></blockquote></p><p> That's one risk Nvidia investors face. A bigger risk, though, may be its high-flying stock price.</p><p><blockquote>这是英伟达投资者面临的风险之一。然而,更大的风险可能是其飙升的股价。</blockquote></p><p> This morning, analysts at <b>JPMorgan</b>, at <b>UBS</b>, at <b>Barclays</b>,<b>Citigroup</b>, R.W. Baird, and <b>Evercore</b> ISI cited a range of semiconductor chipmakers that they like and believe are undervalued, and Nvidia wasn't one of them. Morgan recommended <b>Qualcomm</b> for its earnings upside, Evercore picked <b>Micron</b> as a stock that is \"structurally undervalued,\" and Barclays, Baird, and Citi raised their price targets on <b>Broadcom</b> based on demand for its products,TheFly.com reported today.</p><p><blockquote>今天上午,分析师<b>摩根大通</b>,和<b>瑞银</b>,和<b>巴克莱</b>,<b>花旗集团</b>,R.W。贝尔德和<b>永恒核心</b>ISI 列举了一系列他们喜欢并认为被低估的半导体芯片制造商,英伟达不在其中。摩根推荐<b>高通</b>由于其盈利优势,Evercore 选择了<b>微米</b>作为一只“结构性被低估”的股票,巴克莱、贝尔德和花旗上调了目标价<b>博通</b>根据对其产品的需求, TheFly.com 今天报道。</blockquote></p><p> Nvidia shares sell for 93 times trailing earnings. Micron is valued at less than 17 times earnings; Qualcomm is at 23 times, and Broadcom is at 47. It's pretty clear why Wall Street might consider these stocks relatively better deals than Nvidia.</p><p><blockquote>英伟达股价是历史市盈率的 93 倍。美光的估值不到市盈率的 17 倍;高通是23倍,博通是47倍。很明显,为什么华尔街可能认为这些股票比英伟达更划算。</blockquote></p><p> And it's just as clear why some investors might have decided that now is a good time to cash out some Nvidia stock winnings, and reinvest them in relatively cheaper stocks.</p><p><blockquote>同样清楚的是,为什么一些投资者可能认为现在是兑现一些英伟达股票收益并将其再投资于相对便宜的股票的好时机。</blockquote></p><p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Why Nvidia Stock Keeps Dropping<blockquote>为什么英伟达股价持续下跌</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhy Nvidia Stock Keeps Dropping<blockquote>为什么英伟达股价持续下跌</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Motley Fool</strong><span class=\"h-time small\">2021-12-14 13:46</span>\n</p>\n</h4>\n</header>\n<article>\n<p><b>What happened</b></p><p><blockquote><b>发生了什么事</b></blockquote></p><p> Shares of semiconductor company <b>Nvidia</b> dropped again on Monday -- down 6.8% as of closed -- its fourth straight down day in a row. There doesn't appear to be any particular news behind today's decline, at least not specific to Nvidia.</p><p><blockquote>半导体公司股票<b>英伟达</b>周一再次下跌,截至收盘下跌 6.8%,连续第四天下跌。今天的下跌背后似乎没有任何特别的消息,至少不是针对英伟达的。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/fe9777cd8866f53c260abe399593d3d0\" tg-width=\"2000\" tg-height=\"1333\" width=\"100%\" height=\"auto\"><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>So what</b></p><p><blockquote><b>那又怎样</b></blockquote></p><p> From a big picture perspective, the news isn't great. CNBC reported this morning there's a risk that the ongoing chip shortage could depress Christmas shopping this year.</p><p><blockquote>从大局来看,这个消息并不好。CNBC 今天上午报道称,持续的芯片短缺可能会抑制今年的圣诞购物。</blockquote></p><p> Although high demand for high-end Nvidia graphics chips is generally good news for the company and its pricing power, the network notes that \"semiconductors are beneath the hood of an increasing number of products,\" but \"things made with chips don't just use one chip.\" Thus, even a PC manufacturer lucky enough to get hold of all the Nvidia chips it needs might not be able to sell its PC if it can't also get all the power control, memory, and other chips it also needs to build the product. Or the manufacturer might not buy the Nvidia chips in the first place if it knows it won't be able to obtain the other chips.</p><p><blockquote>尽管对高端英伟达图形芯片的高需求通常对该公司及其定价能力来说是个好消息,但该网络指出,“半导体处于越来越多产品的引擎盖下”,但“用芯片制造的东西不仅仅使用一个芯片。”因此,即使是一家足够幸运地获得了所需的所有英伟达芯片的PC制造商,如果不能获得构建产品所需的所有电源控制、内存和其他芯片,也可能无法销售其PC。或者,如果制造商知道自己无法获得其他芯片,它可能一开始就不会购买英伟达芯片。</blockquote></p><p> <b>Now what</b></p><p><blockquote><b>现在呢</b></blockquote></p><p> That's one risk Nvidia investors face. A bigger risk, though, may be its high-flying stock price.</p><p><blockquote>这是英伟达投资者面临的风险之一。然而,更大的风险可能是其飙升的股价。</blockquote></p><p> This morning, analysts at <b>JPMorgan</b>, at <b>UBS</b>, at <b>Barclays</b>,<b>Citigroup</b>, R.W. Baird, and <b>Evercore</b> ISI cited a range of semiconductor chipmakers that they like and believe are undervalued, and Nvidia wasn't one of them. Morgan recommended <b>Qualcomm</b> for its earnings upside, Evercore picked <b>Micron</b> as a stock that is \"structurally undervalued,\" and Barclays, Baird, and Citi raised their price targets on <b>Broadcom</b> based on demand for its products,TheFly.com reported today.</p><p><blockquote>今天上午,分析师<b>摩根大通</b>,和<b>瑞银</b>,和<b>巴克莱</b>,<b>花旗集团</b>,R.W。贝尔德和<b>永恒核心</b>ISI 列举了一系列他们喜欢并认为被低估的半导体芯片制造商,英伟达不在其中。摩根推荐<b>高通</b>由于其盈利优势,Evercore 选择了<b>微米</b>作为一只“结构性被低估”的股票,巴克莱、贝尔德和花旗上调了目标价<b>博通</b>根据对其产品的需求, TheFly.com 今天报道。</blockquote></p><p> Nvidia shares sell for 93 times trailing earnings. Micron is valued at less than 17 times earnings; Qualcomm is at 23 times, and Broadcom is at 47. It's pretty clear why Wall Street might consider these stocks relatively better deals than Nvidia.</p><p><blockquote>英伟达股价是历史市盈率的 93 倍。美光的估值不到市盈率的 17 倍;高通是23倍,博通是47倍。很明显,为什么华尔街可能认为这些股票比英伟达更划算。</blockquote></p><p> And it's just as clear why some investors might have decided that now is a good time to cash out some Nvidia stock winnings, and reinvest them in relatively cheaper stocks.</p><p><blockquote>同样清楚的是,为什么一些投资者可能认为现在是兑现一些英伟达股票收益并将其再投资于相对便宜的股票的好时机。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源:<a href=\"https://www.fool.com/investing/2021/12/13/why-nvidia-stock-keeps-dropping/\">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":{"NVDA":"英伟达"},"source_url":"https://www.fool.com/investing/2021/12/13/why-nvidia-stock-keeps-dropping/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1193701389","content_text":"What happened\nShares of semiconductor company Nvidia dropped again on Monday -- down 6.8% as of closed -- its fourth straight down day in a row. There doesn't appear to be any particular news behind today's decline, at least not specific to Nvidia.\nImage source: Getty Images.\nSo what\nFrom a big picture perspective, the news isn't great. CNBC reported this morning there's a risk that the ongoing chip shortage could depress Christmas shopping this year.\nAlthough high demand for high-end Nvidia graphics chips is generally good news for the company and its pricing power, the network notes that \"semiconductors are beneath the hood of an increasing number of products,\" but \"things made with chips don't just use one chip.\" Thus, even a PC manufacturer lucky enough to get hold of all the Nvidia chips it needs might not be able to sell its PC if it can't also get all the power control, memory, and other chips it also needs to build the product. Or the manufacturer might not buy the Nvidia chips in the first place if it knows it won't be able to obtain the other chips.\nNow what\nThat's one risk Nvidia investors face. A bigger risk, though, may be its high-flying stock price.\nThis morning, analysts at JPMorgan, at UBS, at Barclays,Citigroup, R.W. Baird, and Evercore ISI cited a range of semiconductor chipmakers that they like and believe are undervalued, and Nvidia wasn't one of them. Morgan recommended Qualcomm for its earnings upside, Evercore picked Micron as a stock that is \"structurally undervalued,\" and Barclays, Baird, and Citi raised their price targets on Broadcom based on demand for its products,TheFly.com reported today.\nNvidia shares sell for 93 times trailing earnings. Micron is valued at less than 17 times earnings; Qualcomm is at 23 times, and Broadcom is at 47. It's pretty clear why Wall Street might consider these stocks relatively better deals than Nvidia.\nAnd it's just as clear why some investors might have decided that now is a good time to cash out some Nvidia stock winnings, and reinvest them in relatively cheaper stocks.","news_type":1,"symbols_score_info":{"NVDA":0.9}},"isVote":1,"tweetType":1,"viewCount":3181,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":604678317,"gmtCreate":1639394969166,"gmtModify":1639394969344,"author":{"id":"3586473514667147","authorId":"3586473514667147","name":"gky","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3586473514667147","authorIdStr":"3586473514667147"},"themes":[],"title":"","htmlText":"All the best ","listText":"All the best ","text":"All the best","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/604678317","repostId":"1135293840","repostType":4,"isVote":1,"tweetType":1,"viewCount":4222,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":604925550,"gmtCreate":1639315932816,"gmtModify":1639315933026,"author":{"id":"3586473514667147","authorId":"3586473514667147","name":"gky","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3586473514667147","authorIdStr":"3586473514667147"},"themes":[],"title":"","htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/604925550","repostId":"2190992671","repostType":4,"isVote":1,"tweetType":1,"viewCount":1454,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":605487998,"gmtCreate":1639219203601,"gmtModify":1639219203845,"author":{"id":"3586473514667147","authorId":"3586473514667147","name":"gky","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3586473514667147","authorIdStr":"3586473514667147"},"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/605487998","repostId":"2190484675","repostType":4,"isVote":1,"tweetType":1,"viewCount":1307,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":602703493,"gmtCreate":1639062723760,"gmtModify":1639062800873,"author":{"id":"3586473514667147","authorId":"3586473514667147","name":"gky","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3586473514667147","authorIdStr":"3586473514667147"},"themes":[],"title":"","htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/602703493","repostId":"1106538194","repostType":4,"repost":{"id":"1106538194","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":1639060286,"share":"https://www.laohunote.com/m/news/1106538194?lang=zh_CN&edition=full","pubTime":"2021-12-09 22:31","market":"us","language":"en","title":"U.S. stock indexes pull back modestly at Thursday's open, poised to snap 3-day string of gains<blockquote>美国股指周四开盘小幅回落,有望snap连续三天上涨</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1106538194","media":"Tiger Newspress","summary":"U.S. stocks dipped on Thursday, after the major averages posted a third straight day of gains as tra","content":"<p>U.S. stocks dipped on Thursday, after the major averages posted a third straight day of gains as traders bet that the omicron variant’s economic impacts won’t be as severe as initially thought.</p><p><blockquote>美国股市周四下跌,此前主要股指连续第三天上涨,原因是交易员押注奥密克戎变种对经济的影响不会像最初想象的那么严重。</blockquote></p><p> The Dow Jones Industrial Average slid 148 points, or 0.4%. The S&P 500 and Nasdaq Composite each fell 0.3%.</p><p><blockquote>道琼斯工业平均指数下跌 148 点,跌幅 0.4%。标普500和纳斯达克综合指数均下跌 0.3%。</blockquote></p><p> Several travel-related stocks, which led the market higher throughout the week, were lower Thursday morning. Shares of Carnival fell 2%. Casino stocks Wynn Resorts and Las Vegas Sands fell 1%. United and Delta Air Lines were 1% lower too.</p><p><blockquote>本周引领市场走高的几只旅游相关股票周四上午走低。嘉年华股价下跌 2%。赌场股永利度假村和拉斯维加斯金沙集团下跌 1%。联合航空和达美航空公司也下跌了 1%。</blockquote></p><p> Separately, shares of Rent The Runway tumbled by 12% after reporting swelling losses and lower than pre-pandemic subscriber growth for its most recent quarter. Electric vehicle maker Lucid saw shares fall 4% after announcing a $1.75 billion offering of convertible senior notes.</p><p><blockquote>另外,Rent The Runway 的股价暴跌 12%,此前该公司报告最近一个季度亏损不断扩大且用户增长率低于大流行前。电动汽车制造商 Lucid 宣布发行 17.5 亿美元的可转换优先票据后,股价下跌 4%。</blockquote></p><p> Still, there were some positive morning moves as well. CVS gained 2% after it issued upbeat guidance ahead of its Investor Day. Home retailer RH soared about 10% after it reported blowout earnings and lifted the low end of its revenue outlook.</p><p><blockquote>尽管如此,早上也有一些积极的举动。CVS 在投资者日之前发布乐观指引后上涨 2%。家居零售商 RH 在报告盈利井喷并上调收入前景的低端后,股价飙升约 10%。</blockquote></p><p> There are some notable earnings reports on Thursday, including from Oracle, Broadcom and Lululemon, all of which report after the market closes.</p><p><blockquote>周四有一些值得注意的财报,包括甲骨文、博通和 Lululemon,所有这些公司都在收盘后发布财报。</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>U.S. stock indexes pull back modestly at Thursday's open, poised to snap 3-day string of gains<blockquote>美国股指周四开盘小幅回落,有望snap连续三天上涨</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nU.S. stock indexes pull back modestly at Thursday's open, poised to snap 3-day string of gains<blockquote>美国股指周四开盘小幅回落,有望snap连续三天上涨</blockquote>\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time smaller\">2021-12-09 22:31</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>U.S. stocks dipped on Thursday, after the major averages posted a third straight day of gains as traders bet that the omicron variant’s economic impacts won’t be as severe as initially thought.</p><p><blockquote>美国股市周四下跌,此前主要股指连续第三天上涨,原因是交易员押注奥密克戎变种对经济的影响不会像最初想象的那么严重。</blockquote></p><p> The Dow Jones Industrial Average slid 148 points, or 0.4%. The S&P 500 and Nasdaq Composite each fell 0.3%.</p><p><blockquote>道琼斯工业平均指数下跌 148 点,跌幅 0.4%。标普500和纳斯达克综合指数均下跌 0.3%。</blockquote></p><p> Several travel-related stocks, which led the market higher throughout the week, were lower Thursday morning. Shares of Carnival fell 2%. Casino stocks Wynn Resorts and Las Vegas Sands fell 1%. United and Delta Air Lines were 1% lower too.</p><p><blockquote>本周引领市场走高的几只旅游相关股票周四上午走低。嘉年华股价下跌 2%。赌场股永利度假村和拉斯维加斯金沙集团下跌 1%。联合航空和达美航空公司也下跌了 1%。</blockquote></p><p> Separately, shares of Rent The Runway tumbled by 12% after reporting swelling losses and lower than pre-pandemic subscriber growth for its most recent quarter. Electric vehicle maker Lucid saw shares fall 4% after announcing a $1.75 billion offering of convertible senior notes.</p><p><blockquote>另外,Rent The Runway 的股价暴跌 12%,此前该公司报告最近一个季度亏损不断扩大且用户增长率低于大流行前。电动汽车制造商 Lucid 宣布发行 17.5 亿美元的可转换优先票据后,股价下跌 4%。</blockquote></p><p> Still, there were some positive morning moves as well. CVS gained 2% after it issued upbeat guidance ahead of its Investor Day. Home retailer RH soared about 10% after it reported blowout earnings and lifted the low end of its revenue outlook.</p><p><blockquote>尽管如此,早上也有一些积极的举动。CVS 在投资者日之前发布乐观指引后上涨 2%。家居零售商 RH 在报告盈利井喷并上调收入前景的低端后,股价飙升约 10%。</blockquote></p><p> There are some notable earnings reports on Thursday, including from Oracle, Broadcom and Lululemon, all of which report after the market closes.</p><p><blockquote>周四有一些值得注意的财报,包括甲骨文、博通和 Lululemon,所有这些公司都在收盘后发布财报。</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"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1106538194","content_text":"U.S. stocks dipped on Thursday, after the major averages posted a third straight day of gains as traders bet that the omicron variant’s economic impacts won’t be as severe as initially thought.\nThe Dow Jones Industrial Average slid 148 points, or 0.4%. The S&P 500 and Nasdaq Composite each fell 0.3%.\nSeveral travel-related stocks, which led the market higher throughout the week, were lower Thursday morning. Shares of Carnival fell 2%. Casino stocks Wynn Resorts and Las Vegas Sands fell 1%. United and Delta Air Lines were 1% lower too.\nSeparately, shares of Rent The Runway tumbled by 12% after reporting swelling losses and lower than pre-pandemic subscriber growth for its most recent quarter. Electric vehicle maker Lucid saw shares fall 4% after announcing a $1.75 billion offering of convertible senior notes.\nStill, there were some positive morning moves as well. CVS gained 2% after it issued upbeat guidance ahead of its Investor Day. Home retailer RH soared about 10% after it reported blowout earnings and lifted the low end of its revenue outlook.\nThere are some notable earnings reports on Thursday, including from Oracle, Broadcom and Lululemon, all of which report after the market closes.","news_type":1,"symbols_score_info":{".DJI":0.9,".IXIC":0.9,".SPX":0.9}},"isVote":1,"tweetType":1,"viewCount":1653,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":602398338,"gmtCreate":1638968727368,"gmtModify":1638968914373,"author":{"id":"3586473514667147","authorId":"3586473514667147","name":"gky","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3586473514667147","authorIdStr":"3586473514667147"},"themes":[],"title":"","htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/602398338","repostId":"1100185922","repostType":4,"repost":{"id":"1100185922","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":1638962762,"share":"https://www.laohunote.com/m/news/1100185922?lang=zh_CN&edition=full","pubTime":"2021-12-08 19:26","market":"us","language":"en","title":"Some crypto stocks corrected in premarket trading<blockquote>一些加密货币股票在盘前交易中修正</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1100185922","media":"Tiger Newspress","summary":"Some crypto stocks corrected in premarket trading.Riot Blockchain,Marathon Digital,The9,Ebang Intern","content":"<p>Some crypto stocks corrected in premarket trading.Riot Blockchain,Marathon Digital,The9,Ebang International,Coinbase and Canaan fell between 1% and 5%.</p><p><blockquote>一些加密股票在盘前交易中进行了修正.暴动区块链、马拉松数字、The9、亿邦国际、比特币基地和迦南下跌1%至5%。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/021d1befab1d83a685693efd077ebee3\" tg-width=\"402\" tg-height=\"423\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Some crypto stocks corrected in premarket trading<blockquote>一些加密货币股票在盘前交易中修正</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\">\nSome crypto stocks corrected in premarket trading<blockquote>一些加密货币股票在盘前交易中修正</blockquote>\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time smaller\">2021-12-08 19:26</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>Some crypto stocks corrected in premarket trading.Riot Blockchain,Marathon Digital,The9,Ebang International,Coinbase and Canaan fell between 1% and 5%.</p><p><blockquote>一些加密股票在盘前交易中进行了修正.暴动区块链、马拉松数字、The9、亿邦国际、比特币基地和迦南下跌1%至5%。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/021d1befab1d83a685693efd077ebee3\" tg-width=\"402\" tg-height=\"423\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"EBON":"亿邦国际","NCTY":"第九城市","RIOT":"Riot Platforms","MARA":"MARA Holdings","SOS":"SOS Limited","CAN":"嘉楠科技","COIN":"Coinbase Global, Inc."},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1100185922","content_text":"Some crypto stocks corrected in premarket trading.Riot Blockchain,Marathon Digital,The9,Ebang International,Coinbase and Canaan fell between 1% and 5%.","news_type":1,"symbols_score_info":{"EBON":0.9,"SOS":0.9,"CAN":0.9,"NCTY":0.9,"MARA":0.9,"COIN":0.9,"RIOT":0.9}},"isVote":1,"tweetType":1,"viewCount":1437,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":606283346,"gmtCreate":1638885149816,"gmtModify":1638885150004,"author":{"id":"3586473514667147","authorId":"3586473514667147","name":"gky","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3586473514667147","authorIdStr":"3586473514667147"},"themes":[],"title":"","htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/606283346","repostId":"1114040351","repostType":4,"repost":{"id":"1114040351","kind":"news","pubTimestamp":1638883839,"share":"https://www.laohunote.com/m/news/1114040351?lang=zh_CN&edition=full","pubTime":"2021-12-07 21:30","market":"us","language":"en","title":"CrowdStrike Stock: What To Consider After Recent Earnings<blockquote>CrowdStrike 股票:近期收益后需要考虑什么</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1114040351","media":"Seeking Alpha","summary":"Summary\n\nCrowdStrike delivered yet another strong quarter, though its stock took a nosedive amidst t","content":"<p><b>Summary</b></p><p><blockquote><b>总结</b></blockquote></p><p> <ul> <li>CrowdStrike delivered yet another strong quarter, though its stock took a nosedive amidst the tech sector rout.</li> <li>The stock still doesn't trade cheaply but it has arguably earned a premium multiple through consistent growth and strong cash flow generation.</li> <li>Cybersecurity is like insurance that all firms will need to purchase for cloud security.</li> <li>I rate shares a buy as the reduced multiples leave much room to the upside.</li> </ul> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/770bf376305b1167868307e6a5706acf\" tg-width=\"1536\" tg-height=\"864\" width=\"100%\" height=\"auto\"><span>gorodenkoff/iStock via Getty Images</span></p><p><blockquote><ul><li>CrowdStrike 又实现了一个强劲的季度业绩,尽管其股价在科技行业暴跌的情况下暴跌。</li><li>该股的交易价格仍然不便宜,但可以说,它通过持续增长和强劲的现金流产生赢得了溢价倍数。</li><li>网络安全就像所有公司都需要为云安全购买的保险。</li><li>我将该股评级为买入,因为市盈率的降低为上涨留下了很大的空间。</li></ul><p class=\"t-img-caption\"><span>gorodenkoff/iStock 来自盖蒂图片社</span></p></blockquote></p><p> CrowdStrike (CRWD) might not come up at the top of the list of cheapest tech stocks to buy, but it has seen its stock get hammered amidst the tech sector correction. The stock has typically traded very richly, making the volatility less surprising, but CRWD remains one of the highest quality stocks in the market today. I view its cybersecurity offerings to be akin to buying insurance for cloud security, making it a critical growth area for the indefinite future. Due to the perceived reliability of future growth, the stock looks ripe for a re-rating. I rate shares a buy.</p><p><blockquote>CrowdStrike (CRWD) 可能不会在最便宜购买的科技股名单中名列前茅,但其股票在科技行业调整中遭受重创。该股通常交易量非常丰富,因此波动性并不那么令人惊讶,但 CRWD 仍然是当今市场上质量最高的股票之一。我认为其网络安全产品类似于为云安全购买保险,使其成为无限期未来的关键增长领域。由于未来增长的可靠性,该股看起来重新评级的时机已经成熟。我将股票评级为买入。</blockquote></p><p> <b>CRWD Stock Price</b></p><p><blockquote><b>CRWD 股价</b></blockquote></p><p> CRWD almost perfectly shows what can be expected from a high-growth, high volatility stock, as it appears to move sharply higher during bull runs, and sharply lower during corrections as it has as of late.</p><p><blockquote>CRWD 几乎完美地展示了一只高增长、高波动性股票的预期,因为它似乎在牛市期间大幅走高,而在调整期间大幅走低,就像最近一样。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/79116039cda946b91fda98731f1f5e82\" tg-width=\"635\" tg-height=\"417\" width=\"100%\" height=\"auto\"></p><p><blockquote></blockquote></p><p> CRWD has typically traded at egregious multiples which had kept me from meaningfully investing in the name. Now trading just under $200 per share, one must start wondering if there’s even a value proposition here. While CRWD might not be a household name to the common person, it appears to be a household favorite for Wall Street firms as it is some sort of insurance for anyone operating in the cloud. While the stock far from the cheapest name in the tech sector, this may be the time to pounce.</p><p><blockquote>CRWD 通常以惊人的倍数进行交易,这使我无法对该名称进行有意义的投资。现在每股交易价格略低于 200 美元,人们不得不怀疑这里是否还有价值主张。虽然CRWD对普通人来说可能不是一个家喻户晓的名字,但它似乎是华尔街公司的最爱,因为它是任何在云中运营的人的某种保险。虽然该股远不是科技板块中最便宜的股票,但现在可能是抓住机会的时候了。</blockquote></p><p> <b>Is CrowdStrike Overvalued?</b></p><p><blockquote><b>CrowdStrike 被高估了吗?</b></blockquote></p><p> Even after the decline, is CRWD still overvalued? At least judging based on the stock price versus consensus price targets, CRWD is trading at its largest difference in many months.</p><p><blockquote>即使在下跌之后,CRWD 是否仍然被高估?至少从股价与共识目标价来看,CRWD 的交易价格差异是几个月来最大的。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/400c546bc352da19770dc0892e11c65d\" tg-width=\"1280\" tg-height=\"682\" width=\"100%\" height=\"auto\"><span>Seeking Alpha</span></p><p><blockquote><p class=\"t-img-caption\"><span>寻求阿尔法</span></p></blockquote></p><p> That is no guarantee that CRWD is undervalued, but it gives an indication to the extent that CRWD has fallen amidst the recent market correction.</p><p><blockquote>这并不能保证 CRWD 被低估,但它表明了 CRWD 在最近的市场调整中下跌的程度。</blockquote></p><p> <b>What To Expect After CrowdStrike Earnings</b></p><p><blockquote><b>CrowdStrike 财报公布后的预期</b></blockquote></p><p> CRWD is a best in class cybersecurity firm which has seen its customer base grow 75% year over year.</p><p><blockquote>CRWD是一家一流的网络安全公司,其客户群同比增长75%。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/529fe5ee504f170ba474658746cdb8b3\" tg-width=\"1280\" tg-height=\"644\" width=\"100%\" height=\"auto\"><span>Investor Presentation</span></p><p><blockquote><p class=\"t-img-caption\"><span>投资者介绍</span></p></blockquote></p><p> That is no guarantee that CRWD is undervalued, but it gives an indication to the extent that CRWD has fallen amidst the recent market correction.</p><p><blockquote>这并不能保证 CRWD 被低估,但它表明了 CRWD 在最近的市场调整中下跌的程度。</blockquote></p><p> <b>What To Expect After CrowdStrike Earnings</b></p><p><blockquote><b>CrowdStrike 财报公布后的预期</b></blockquote></p><p> CRWD is a best in class cybersecurity firm which has seen its customer base grow 75% year over year.</p><p><blockquote>CRWD是一家一流的网络安全公司,其客户群同比增长75%。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/529fe5ee504f170ba474658746cdb8b3\" tg-width=\"1280\" tg-height=\"644\" width=\"100%\" height=\"auto\"><span>Investor Presentation</span></p><p><blockquote><p class=\"t-img-caption\"><span>投资者介绍</span></p></blockquote></p><p> Judging based on the metrics above, it appears that CRWD still has more room to grow even among the largest companies. The more that CRWD continues to take market share in the sector, the easier it becomes to attract new clients due to the powerful brand recognition. If the top companies in your sector are using CrowdStrike and you aren’t, then that may put you at greater risk in the event of a cybersecurity event.</p><p><blockquote>从上述指标来看,即使在最大的公司中,CRWD似乎仍有更大的增长空间。CRWD在该领域的市场份额越多,由于强大的品牌知名度,就越容易吸引新客户。如果您所在行业的顶级公司正在使用 CrowdStrike,而您没有,那么在发生网络安全事件时,您可能会面临更大的风险。</blockquote></p><p> CRWD has generated strong dollar-based retention rates in excess of its 120% benchmark.</p><p><blockquote>CRWD 产生了强劲的美元保留率,超过了其 120% 的基准。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/95654debcba36ed79f4e2d5a19b086b2\" tg-width=\"1280\" tg-height=\"529\" width=\"100%\" height=\"auto\"><span>Investor Presentation</span></p><p><blockquote><p class=\"t-img-caption\"><span>投资者介绍</span></p></blockquote></p><p> CRWD charges on a per-endpoint model, which should help sustain the high dollar-based retention rates as the world continues moving toward a digital world. Combining high dollar-based retention rates with customer growth has helped CRWD grow its annual recurring revenues by 67% in the latest quarter.</p><p><blockquote>CRWD 对每个端点模型收费,随着世界继续走向数字世界,这应该有助于维持以美元为基础的高保留率。将高美元保留率与客户增长相结合,帮助 CRWD 在最近一个季度将年度经常性收入增长了 67%。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/9cae35096ef4ecc024fbcb42dcbb204f\" tg-width=\"1280\" tg-height=\"652\" width=\"100%\" height=\"auto\"><span>Investor Presentation</span></p><p><blockquote><p class=\"t-img-caption\"><span>投资者介绍</span></p></blockquote></p><p> While CRWD is not yet GAAP profitable, it has been consistently achieving operating leverage and is solidly profitable on a non-GAAP basis (the main difference is stock based compensation)</p><p><blockquote>虽然 CRWD 尚未实现 GAAP 盈利,但它一直在实现运营杠杆,并且在非 GAAP 基础上实现稳健盈利(主要区别是基于股票的薪酬)</blockquote></p><p></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/d65ba9f58338fda3266fa25e94bc720f\" tg-width=\"1280\" tg-height=\"770\" width=\"100%\" height=\"auto\"><span>Investor Presentation</span></p><p><blockquote><p class=\"t-img-caption\"><span>投资者介绍</span></p></blockquote></p><p> In fact, I suspect that CRWD’s 32% free cash flow margin to be a huge drawing point for investors, as it may be predictive of future operating margins. CRWD’s cash flow generation has helped it amass over $1 billion in net cash. Looking forward, CRWD expects the strong growth to continue, as it expects organizations to steadily increase their spend on cloud security to as much as 10% of its IT budget.</p><p><blockquote>事实上,我怀疑 CRWD 32% 的自由现金流利润率对投资者来说是一个巨大的吸引力,因为它可能会预测未来的营业利润率。CRWD 的现金流产生帮助其积累了超过 10 亿美元的净现金。展望未来,CRWD预计强劲增长将持续,因为它预计组织将稳步增加云安全支出,达到其IT预算的10%。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/c72dde811a34c995ed10fe2d1104153a\" tg-width=\"1280\" tg-height=\"661\" width=\"100%\" height=\"auto\"><span>Investor Presentation</span></p><p><blockquote><p class=\"t-img-caption\"><span>投资者介绍</span></p></blockquote></p><p> This kind of thinking makes CRWD appear like some sort of insurance for anyone in the cloud, which is arguably a phenomenal place to be in the expense structure. Further, there is the clear implication that CRWD will grow in-line with the growth of data, which is one of the stronger secular growth stories in the market today.</p><p><blockquote>这种想法使 CRWD 看起来像是云中任何人的某种保险,这可以说是费用结构中一个非凡的位置。此外,很明显,CRWD将随着数据的增长而增长,这是当今市场上更强劲的长期增长故事之一。</blockquote></p><p> <b>Is CRWD Stock A Buy, Sell, or Hold?</b></p><p><blockquote><b>CRWD 股票是买入、卖出还是持有?</b></blockquote></p><p> The strong growth, solid cash flow generation, and insurance-like niche all make CRWD look like a safe stock. That safety characteristic has helped it trade at healthy multiples. Even after the recent stock declines, CRWD still trades above 30x sales.</p><p><blockquote>强劲的增长、稳定的现金流产生以及保险般的利基市场都使 CRWD 看起来像一只安全的股票。这种安全特性帮助它以健康的倍数进行交易。即使在最近股价下跌之后,CRWD 的交易价格仍然超过销售额的 30 倍。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/aa7c00bbe9df86dcc89839f27d128f1e\" tg-width=\"1280\" tg-height=\"214\" width=\"100%\" height=\"auto\"><span>Seeking Alpha</span></p><p><blockquote><p class=\"t-img-caption\"><span>寻求阿尔法</span></p></blockquote></p><p> What is a fair value for the stock? CRWD has guided for long term 20% operating margins.</p><p><blockquote>股票的公允价值是多少?CRWD 的长期营业利润率为 20%。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/1614660c29368136dad041d45dde80b4\" tg-width=\"1280\" tg-height=\"624\" width=\"100%\" height=\"auto\"><span>Investor Presentation</span></p><p><blockquote><p class=\"t-img-caption\"><span>投资者介绍</span></p></blockquote></p><p> At the risk of coming off optimistic, I view these targets as being highly sandbagged especially considering that the company is already generating 40% cash flow margins. Nonetheless, I assume 30% long term operating margins (50% seems more reasonable). At recent prices, CRWD is trading at an effective 1.4x price to earnings growth ratio (‘PEG’) based on 2022e sales, and 1.3x PEG based on 2023e sales. Yet those projections for 2022 and 2023 growth seem understated, as CRWD should be able to get to around 20% growth just from dollar-based net retention alone. I expect CRWD to be able to sustain 30+% growth over the next five years at least. With that kind of reliable growth profile, I would expect CRWD to trade closer to a 2x PEG, implying around 40% potential returns over the next 12 months. CRWD isn’t cheap, but the stock looks very buyable on the thesis that its high quality is deserving of higher multiples. I note that such a thesis leaves plenty of room to the downside, as the stock will likely be punished severely in the event that growth estimates fall short or if the company loses its quality luster. That said, the recent broad declines in the tech sector have brought CRWD down to highly reasonable multiples which appear to leave much room to the upside. I rate shares a buy.</p><p><blockquote>冒着显得乐观的风险,我认为这些目标是高度沙袋化的,特别是考虑到该公司已经产生了 40% 的现金流利润率。尽管如此,我假设长期营业利润率为 30%(50% 似乎更合理)。按最近的价格计算,CRWD 的实际市盈率(“PEG”)为基于 2022 财年销售额的 1.4 倍,PEG 为基于 2023 财年销售额的 1.3 倍。然而,这些对 2022 年和 2023 年增长的预测似乎被低估了,因为仅按美元计算的净保留率,CRWD 就应该能够实现 20% 左右的增长。我预计CRWD至少在未来五年内能够保持30%以上的增长。凭借这种可靠的增长状况,我预计 CRWD 的交易价格将接近 2 倍挂钩,这意味着未来 12 个月的潜在回报率约为 40%。CRWD 并不便宜,但这只股票看起来非常值得购买,因为它的高质量值得更高的市盈率。我注意到这样的论点留下了很大的下行空间,因为如果增长预期低于预期或公司失去质量光泽,该股可能会受到严厉惩罚。也就是说,最近科技行业的普遍下跌已将 CRWD 降至非常合理的倍数,这似乎留下了很大的上涨空间。我将股票评级为买入。</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>CrowdStrike Stock: What To Consider After Recent Earnings<blockquote>CrowdStrike 股票:近期收益后需要考虑什么</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCrowdStrike Stock: What To Consider After Recent Earnings<blockquote>CrowdStrike 股票:近期收益后需要考虑什么</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Seeking Alpha</strong><span class=\"h-time small\">2021-12-07 21:30</span>\n</p>\n</h4>\n</header>\n<article>\n<p><b>Summary</b></p><p><blockquote><b>总结</b></blockquote></p><p> <ul> <li>CrowdStrike delivered yet another strong quarter, though its stock took a nosedive amidst the tech sector rout.</li> <li>The stock still doesn't trade cheaply but it has arguably earned a premium multiple through consistent growth and strong cash flow generation.</li> <li>Cybersecurity is like insurance that all firms will need to purchase for cloud security.</li> <li>I rate shares a buy as the reduced multiples leave much room to the upside.</li> </ul> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/770bf376305b1167868307e6a5706acf\" tg-width=\"1536\" tg-height=\"864\" width=\"100%\" height=\"auto\"><span>gorodenkoff/iStock via Getty Images</span></p><p><blockquote><ul><li>CrowdStrike 又实现了一个强劲的季度业绩,尽管其股价在科技行业暴跌的情况下暴跌。</li><li>该股的交易价格仍然不便宜,但可以说,它通过持续增长和强劲的现金流产生赢得了溢价倍数。</li><li>网络安全就像所有公司都需要为云安全购买的保险。</li><li>我将该股评级为买入,因为市盈率的降低为上涨留下了很大的空间。</li></ul><p class=\"t-img-caption\"><span>gorodenkoff/iStock 来自盖蒂图片社</span></p></blockquote></p><p> CrowdStrike (CRWD) might not come up at the top of the list of cheapest tech stocks to buy, but it has seen its stock get hammered amidst the tech sector correction. The stock has typically traded very richly, making the volatility less surprising, but CRWD remains one of the highest quality stocks in the market today. I view its cybersecurity offerings to be akin to buying insurance for cloud security, making it a critical growth area for the indefinite future. Due to the perceived reliability of future growth, the stock looks ripe for a re-rating. I rate shares a buy.</p><p><blockquote>CrowdStrike (CRWD) 可能不会在最便宜购买的科技股名单中名列前茅,但其股票在科技行业调整中遭受重创。该股通常交易量非常丰富,因此波动性并不那么令人惊讶,但 CRWD 仍然是当今市场上质量最高的股票之一。我认为其网络安全产品类似于为云安全购买保险,使其成为无限期未来的关键增长领域。由于未来增长的可靠性,该股看起来重新评级的时机已经成熟。我将股票评级为买入。</blockquote></p><p> <b>CRWD Stock Price</b></p><p><blockquote><b>CRWD 股价</b></blockquote></p><p> CRWD almost perfectly shows what can be expected from a high-growth, high volatility stock, as it appears to move sharply higher during bull runs, and sharply lower during corrections as it has as of late.</p><p><blockquote>CRWD 几乎完美地展示了一只高增长、高波动性股票的预期,因为它似乎在牛市期间大幅走高,而在调整期间大幅走低,就像最近一样。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/79116039cda946b91fda98731f1f5e82\" tg-width=\"635\" tg-height=\"417\" width=\"100%\" height=\"auto\"></p><p><blockquote></blockquote></p><p> CRWD has typically traded at egregious multiples which had kept me from meaningfully investing in the name. Now trading just under $200 per share, one must start wondering if there’s even a value proposition here. While CRWD might not be a household name to the common person, it appears to be a household favorite for Wall Street firms as it is some sort of insurance for anyone operating in the cloud. While the stock far from the cheapest name in the tech sector, this may be the time to pounce.</p><p><blockquote>CRWD 通常以惊人的倍数进行交易,这使我无法对该名称进行有意义的投资。现在每股交易价格略低于 200 美元,人们不得不怀疑这里是否还有价值主张。虽然CRWD对普通人来说可能不是一个家喻户晓的名字,但它似乎是华尔街公司的最爱,因为它是任何在云中运营的人的某种保险。虽然该股远不是科技板块中最便宜的股票,但现在可能是抓住机会的时候了。</blockquote></p><p> <b>Is CrowdStrike Overvalued?</b></p><p><blockquote><b>CrowdStrike 被高估了吗?</b></blockquote></p><p> Even after the decline, is CRWD still overvalued? At least judging based on the stock price versus consensus price targets, CRWD is trading at its largest difference in many months.</p><p><blockquote>即使在下跌之后,CRWD 是否仍然被高估?至少从股价与共识目标价来看,CRWD 的交易价格差异是几个月来最大的。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/400c546bc352da19770dc0892e11c65d\" tg-width=\"1280\" tg-height=\"682\" width=\"100%\" height=\"auto\"><span>Seeking Alpha</span></p><p><blockquote><p class=\"t-img-caption\"><span>寻求阿尔法</span></p></blockquote></p><p> That is no guarantee that CRWD is undervalued, but it gives an indication to the extent that CRWD has fallen amidst the recent market correction.</p><p><blockquote>这并不能保证 CRWD 被低估,但它表明了 CRWD 在最近的市场调整中下跌的程度。</blockquote></p><p> <b>What To Expect After CrowdStrike Earnings</b></p><p><blockquote><b>CrowdStrike 财报公布后的预期</b></blockquote></p><p> CRWD is a best in class cybersecurity firm which has seen its customer base grow 75% year over year.</p><p><blockquote>CRWD是一家一流的网络安全公司,其客户群同比增长75%。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/529fe5ee504f170ba474658746cdb8b3\" tg-width=\"1280\" tg-height=\"644\" width=\"100%\" height=\"auto\"><span>Investor Presentation</span></p><p><blockquote><p class=\"t-img-caption\"><span>投资者介绍</span></p></blockquote></p><p> That is no guarantee that CRWD is undervalued, but it gives an indication to the extent that CRWD has fallen amidst the recent market correction.</p><p><blockquote>这并不能保证 CRWD 被低估,但它表明了 CRWD 在最近的市场调整中下跌的程度。</blockquote></p><p> <b>What To Expect After CrowdStrike Earnings</b></p><p><blockquote><b>CrowdStrike 财报公布后的预期</b></blockquote></p><p> CRWD is a best in class cybersecurity firm which has seen its customer base grow 75% year over year.</p><p><blockquote>CRWD是一家一流的网络安全公司,其客户群同比增长75%。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/529fe5ee504f170ba474658746cdb8b3\" tg-width=\"1280\" tg-height=\"644\" width=\"100%\" height=\"auto\"><span>Investor Presentation</span></p><p><blockquote><p class=\"t-img-caption\"><span>投资者介绍</span></p></blockquote></p><p> Judging based on the metrics above, it appears that CRWD still has more room to grow even among the largest companies. The more that CRWD continues to take market share in the sector, the easier it becomes to attract new clients due to the powerful brand recognition. If the top companies in your sector are using CrowdStrike and you aren’t, then that may put you at greater risk in the event of a cybersecurity event.</p><p><blockquote>从上述指标来看,即使在最大的公司中,CRWD似乎仍有更大的增长空间。CRWD在该领域的市场份额越多,由于强大的品牌知名度,就越容易吸引新客户。如果您所在行业的顶级公司正在使用 CrowdStrike,而您没有,那么在发生网络安全事件时,您可能会面临更大的风险。</blockquote></p><p> CRWD has generated strong dollar-based retention rates in excess of its 120% benchmark.</p><p><blockquote>CRWD 产生了强劲的美元保留率,超过了其 120% 的基准。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/95654debcba36ed79f4e2d5a19b086b2\" tg-width=\"1280\" tg-height=\"529\" width=\"100%\" height=\"auto\"><span>Investor Presentation</span></p><p><blockquote><p class=\"t-img-caption\"><span>投资者介绍</span></p></blockquote></p><p> CRWD charges on a per-endpoint model, which should help sustain the high dollar-based retention rates as the world continues moving toward a digital world. Combining high dollar-based retention rates with customer growth has helped CRWD grow its annual recurring revenues by 67% in the latest quarter.</p><p><blockquote>CRWD 对每个端点模型收费,随着世界继续走向数字世界,这应该有助于维持以美元为基础的高保留率。将高美元保留率与客户增长相结合,帮助 CRWD 在最近一个季度将年度经常性收入增长了 67%。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/9cae35096ef4ecc024fbcb42dcbb204f\" tg-width=\"1280\" tg-height=\"652\" width=\"100%\" height=\"auto\"><span>Investor Presentation</span></p><p><blockquote><p class=\"t-img-caption\"><span>投资者介绍</span></p></blockquote></p><p> While CRWD is not yet GAAP profitable, it has been consistently achieving operating leverage and is solidly profitable on a non-GAAP basis (the main difference is stock based compensation)</p><p><blockquote>虽然 CRWD 尚未实现 GAAP 盈利,但它一直在实现运营杠杆,并且在非 GAAP 基础上实现稳健盈利(主要区别是基于股票的薪酬)</blockquote></p><p></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/d65ba9f58338fda3266fa25e94bc720f\" tg-width=\"1280\" tg-height=\"770\" width=\"100%\" height=\"auto\"><span>Investor Presentation</span></p><p><blockquote><p class=\"t-img-caption\"><span>投资者介绍</span></p></blockquote></p><p> In fact, I suspect that CRWD’s 32% free cash flow margin to be a huge drawing point for investors, as it may be predictive of future operating margins. CRWD’s cash flow generation has helped it amass over $1 billion in net cash. Looking forward, CRWD expects the strong growth to continue, as it expects organizations to steadily increase their spend on cloud security to as much as 10% of its IT budget.</p><p><blockquote>事实上,我怀疑 CRWD 32% 的自由现金流利润率对投资者来说是一个巨大的吸引力,因为它可能会预测未来的营业利润率。CRWD 的现金流产生帮助其积累了超过 10 亿美元的净现金。展望未来,CRWD预计强劲增长将持续,因为它预计组织将稳步增加云安全支出,达到其IT预算的10%。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/c72dde811a34c995ed10fe2d1104153a\" tg-width=\"1280\" tg-height=\"661\" width=\"100%\" height=\"auto\"><span>Investor Presentation</span></p><p><blockquote><p class=\"t-img-caption\"><span>投资者介绍</span></p></blockquote></p><p> This kind of thinking makes CRWD appear like some sort of insurance for anyone in the cloud, which is arguably a phenomenal place to be in the expense structure. Further, there is the clear implication that CRWD will grow in-line with the growth of data, which is one of the stronger secular growth stories in the market today.</p><p><blockquote>这种想法使 CRWD 看起来像是云中任何人的某种保险,这可以说是费用结构中一个非凡的位置。此外,很明显,CRWD将随着数据的增长而增长,这是当今市场上更强劲的长期增长故事之一。</blockquote></p><p> <b>Is CRWD Stock A Buy, Sell, or Hold?</b></p><p><blockquote><b>CRWD 股票是买入、卖出还是持有?</b></blockquote></p><p> The strong growth, solid cash flow generation, and insurance-like niche all make CRWD look like a safe stock. That safety characteristic has helped it trade at healthy multiples. Even after the recent stock declines, CRWD still trades above 30x sales.</p><p><blockquote>强劲的增长、稳定的现金流产生以及保险般的利基市场都使 CRWD 看起来像一只安全的股票。这种安全特性帮助它以健康的倍数进行交易。即使在最近股价下跌之后,CRWD 的交易价格仍然超过销售额的 30 倍。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/aa7c00bbe9df86dcc89839f27d128f1e\" tg-width=\"1280\" tg-height=\"214\" width=\"100%\" height=\"auto\"><span>Seeking Alpha</span></p><p><blockquote><p class=\"t-img-caption\"><span>寻求阿尔法</span></p></blockquote></p><p> What is a fair value for the stock? CRWD has guided for long term 20% operating margins.</p><p><blockquote>股票的公允价值是多少?CRWD 的长期营业利润率为 20%。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/1614660c29368136dad041d45dde80b4\" tg-width=\"1280\" tg-height=\"624\" width=\"100%\" height=\"auto\"><span>Investor Presentation</span></p><p><blockquote><p class=\"t-img-caption\"><span>投资者介绍</span></p></blockquote></p><p> At the risk of coming off optimistic, I view these targets as being highly sandbagged especially considering that the company is already generating 40% cash flow margins. Nonetheless, I assume 30% long term operating margins (50% seems more reasonable). At recent prices, CRWD is trading at an effective 1.4x price to earnings growth ratio (‘PEG’) based on 2022e sales, and 1.3x PEG based on 2023e sales. Yet those projections for 2022 and 2023 growth seem understated, as CRWD should be able to get to around 20% growth just from dollar-based net retention alone. I expect CRWD to be able to sustain 30+% growth over the next five years at least. With that kind of reliable growth profile, I would expect CRWD to trade closer to a 2x PEG, implying around 40% potential returns over the next 12 months. CRWD isn’t cheap, but the stock looks very buyable on the thesis that its high quality is deserving of higher multiples. I note that such a thesis leaves plenty of room to the downside, as the stock will likely be punished severely in the event that growth estimates fall short or if the company loses its quality luster. That said, the recent broad declines in the tech sector have brought CRWD down to highly reasonable multiples which appear to leave much room to the upside. I rate shares a buy.</p><p><blockquote>冒着显得乐观的风险,我认为这些目标是高度沙袋化的,特别是考虑到该公司已经产生了 40% 的现金流利润率。尽管如此,我假设长期营业利润率为 30%(50% 似乎更合理)。按最近的价格计算,CRWD 的实际市盈率(“PEG”)为基于 2022 财年销售额的 1.4 倍,PEG 为基于 2023 财年销售额的 1.3 倍。然而,这些对 2022 年和 2023 年增长的预测似乎被低估了,因为仅按美元计算的净保留率,CRWD 就应该能够实现 20% 左右的增长。我预计CRWD至少在未来五年内能够保持30%以上的增长。凭借这种可靠的增长状况,我预计 CRWD 的交易价格将接近 2 倍挂钩,这意味着未来 12 个月的潜在回报率约为 40%。CRWD 并不便宜,但这只股票看起来非常值得购买,因为它的高质量值得更高的市盈率。我注意到这样的论点留下了很大的下行空间,因为如果增长预期低于预期或公司失去质量光泽,该股可能会受到严厉惩罚。也就是说,最近科技行业的普遍下跌已将 CRWD 降至非常合理的倍数,这似乎留下了很大的上涨空间。我将股票评级为买入。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源:<a href=\"https://seekingalpha.com/article/4473627-crowdstrike-stock-recent-earnings\">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":{"CRWD":"CrowdStrike Holdings, Inc."},"source_url":"https://seekingalpha.com/article/4473627-crowdstrike-stock-recent-earnings","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1114040351","content_text":"Summary\n\nCrowdStrike delivered yet another strong quarter, though its stock took a nosedive amidst the tech sector rout.\nThe stock still doesn't trade cheaply but it has arguably earned a premium multiple through consistent growth and strong cash flow generation.\nCybersecurity is like insurance that all firms will need to purchase for cloud security.\nI rate shares a buy as the reduced multiples leave much room to the upside.\n\ngorodenkoff/iStock via Getty Images\nCrowdStrike (CRWD) might not come up at the top of the list of cheapest tech stocks to buy, but it has seen its stock get hammered amidst the tech sector correction. The stock has typically traded very richly, making the volatility less surprising, but CRWD remains one of the highest quality stocks in the market today. I view its cybersecurity offerings to be akin to buying insurance for cloud security, making it a critical growth area for the indefinite future. Due to the perceived reliability of future growth, the stock looks ripe for a re-rating. I rate shares a buy.\nCRWD Stock Price\nCRWD almost perfectly shows what can be expected from a high-growth, high volatility stock, as it appears to move sharply higher during bull runs, and sharply lower during corrections as it has as of late.\n\nCRWD has typically traded at egregious multiples which had kept me from meaningfully investing in the name. Now trading just under $200 per share, one must start wondering if there’s even a value proposition here. While CRWD might not be a household name to the common person, it appears to be a household favorite for Wall Street firms as it is some sort of insurance for anyone operating in the cloud. While the stock far from the cheapest name in the tech sector, this may be the time to pounce.\nIs CrowdStrike Overvalued?\nEven after the decline, is CRWD still overvalued? At least judging based on the stock price versus consensus price targets, CRWD is trading at its largest difference in many months.\nSeeking Alpha\nThat is no guarantee that CRWD is undervalued, but it gives an indication to the extent that CRWD has fallen amidst the recent market correction.\nWhat To Expect After CrowdStrike Earnings\nCRWD is a best in class cybersecurity firm which has seen its customer base grow 75% year over year.\nInvestor Presentation\nThat is no guarantee that CRWD is undervalued, but it gives an indication to the extent that CRWD has fallen amidst the recent market correction.\nWhat To Expect After CrowdStrike Earnings\nCRWD is a best in class cybersecurity firm which has seen its customer base grow 75% year over year.\nInvestor Presentation\nJudging based on the metrics above, it appears that CRWD still has more room to grow even among the largest companies. The more that CRWD continues to take market share in the sector, the easier it becomes to attract new clients due to the powerful brand recognition. If the top companies in your sector are using CrowdStrike and you aren’t, then that may put you at greater risk in the event of a cybersecurity event.\nCRWD has generated strong dollar-based retention rates in excess of its 120% benchmark.\nInvestor Presentation\nCRWD charges on a per-endpoint model, which should help sustain the high dollar-based retention rates as the world continues moving toward a digital world. Combining high dollar-based retention rates with customer growth has helped CRWD grow its annual recurring revenues by 67% in the latest quarter.\nInvestor Presentation\nWhile CRWD is not yet GAAP profitable, it has been consistently achieving operating leverage and is solidly profitable on a non-GAAP basis (the main difference is stock based compensation)\nInvestor Presentation\nIn fact, I suspect that CRWD’s 32% free cash flow margin to be a huge drawing point for investors, as it may be predictive of future operating margins. CRWD’s cash flow generation has helped it amass over $1 billion in net cash. Looking forward, CRWD expects the strong growth to continue, as it expects organizations to steadily increase their spend on cloud security to as much as 10% of its IT budget.\nInvestor Presentation\nThis kind of thinking makes CRWD appear like some sort of insurance for anyone in the cloud, which is arguably a phenomenal place to be in the expense structure. Further, there is the clear implication that CRWD will grow in-line with the growth of data, which is one of the stronger secular growth stories in the market today.\nIs CRWD Stock A Buy, Sell, or Hold?\nThe strong growth, solid cash flow generation, and insurance-like niche all make CRWD look like a safe stock. That safety characteristic has helped it trade at healthy multiples. Even after the recent stock declines, CRWD still trades above 30x sales.\nSeeking Alpha\nWhat is a fair value for the stock? CRWD has guided for long term 20% operating margins.\nInvestor Presentation\nAt the risk of coming off optimistic, I view these targets as being highly sandbagged especially considering that the company is already generating 40% cash flow margins. Nonetheless, I assume 30% long term operating margins (50% seems more reasonable). At recent prices, CRWD is trading at an effective 1.4x price to earnings growth ratio (‘PEG’) based on 2022e sales, and 1.3x PEG based on 2023e sales. Yet those projections for 2022 and 2023 growth seem understated, as CRWD should be able to get to around 20% growth just from dollar-based net retention alone. I expect CRWD to be able to sustain 30+% growth over the next five years at least. With that kind of reliable growth profile, I would expect CRWD to trade closer to a 2x PEG, implying around 40% potential returns over the next 12 months. CRWD isn’t cheap, but the stock looks very buyable on the thesis that its high quality is deserving of higher multiples. I note that such a thesis leaves plenty of room to the downside, as the stock will likely be punished severely in the event that growth estimates fall short or if the company loses its quality luster. That said, the recent broad declines in the tech sector have brought CRWD down to highly reasonable multiples which appear to leave much room to the upside. I rate shares a buy.","news_type":1,"symbols_score_info":{"CRWD":0.9}},"isVote":1,"tweetType":1,"viewCount":1909,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":608465365,"gmtCreate":1638780772158,"gmtModify":1638781130495,"author":{"id":"3586473514667147","authorId":"3586473514667147","name":"gky","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3586473514667147","authorIdStr":"3586473514667147"},"themes":[],"title":"","htmlText":"Buy","listText":"Buy","text":"Buy","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/608465365","repostId":"1104110830","repostType":4,"repost":{"id":"1104110830","kind":"news","pubTimestamp":1638779828,"share":"https://www.laohunote.com/m/news/1104110830?lang=zh_CN&edition=full","pubTime":"2021-12-06 16:37","market":"fut","language":"en","title":"Bitcoin plunged over the weekend. Here’s Why.<blockquote>比特币周末暴跌。原因如下。</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1104110830","media":"Barrons","summary":"The price of Bitcoin plummeted Saturday, building on losses that started a month ago and gathered st","content":"<p>The price of Bitcoin plummeted Saturday, building on losses that started a month ago and gathered steam this week after the Federal Reserve made clear that monetary support for markets is going away—soon.</p><p><blockquote>比特币价格周六暴跌,此前一个月开始出现亏损,并在美联储明确表示对市场的货币支持即将消失后,本周股价进一步上涨。</blockquote></p><p> Cryptocurrency’s biggest player has fallen about 29% to $48,100 a coin since Nov. 8, when the price hit an all-time high. Most other speculative assets, including small-cap growth stocks, started to slide at the same time.</p><p><blockquote>自 11 月 8 日价格创下历史新高以来,最大的加密货币已经下跌了约 29%,至每枚 48100 美元。包括小型成长股在内的大多数其他投机性资产同时开始下滑。</blockquote></p><p> Early Saturday, the Bitcoin selling picked up, dropping more than 20% before clawing back some losses. At one point, the crypto lost roughly $10,000 in an hour, according to CoinDesk, a crypto news website. The price of Ether also fell and is down 16% since Nov. 8.</p><p><blockquote>周六早些时候,比特币的抛售有所回升,下跌超过 20%,然后收复了一些损失。据加密货币新闻网站 CoinDesk 报道,加密货币一度在一小时内损失了大约 10,000 美元。以太币价格也下跌,自 11 月 8 日以来已下跌 16%。</blockquote></p><p> This week’s losses seem tied to the latest Covid-19 variant, Omicron, and comments by Fed Chair Jerome Powell. On Tuesday, Powell signaled the central bank would move faster to end its pandemic-era bond-buying program.</p><p><blockquote>本周的损失似乎与最新的 Covid-19 变种奥密克戎和美联储主席 Jerome Powell 的言论有关。周二,鲍威尔表示央行将加快行动,结束大流行时代的债券购买计划。</blockquote></p><p> The move would mean less money flowing into bonds, which would lower bond prices and lift their yields. And higher yields on safe, long-term bonds makes the most speculative assets—the long-term hopes of investors—less attractive to own. The stock market pulled back this week, too.</p><p><blockquote>此举将意味着更少的资金流入债券,这将降低债券价格并提高其收益率。安全的长期债券收益率较高,使得最具投机性的资产——投资者的长期希望——对拥有的吸引力降低。本周股市也有所回落。</blockquote></p><p> For Bitcoin, there is already buying interest because of its drawdown. The president of El Salvador, Nayib Bukele, announced his country had “bought the dip” at a price just over $48,000.</p><p><blockquote>对于比特币来说,由于下跌,已经出现了买盘兴趣。萨尔瓦多总统纳伊布-布凯莱(Nayib Bukele)宣布,萨尔瓦多以略高于 4.8 万美元的价格 “逢低买入”。</blockquote></p><p> Volatility doesn’t surprise Bitcoin investors. The currency is up 63% year to date, but has lost just over half of its value from April to its July bottom. From that low, it more than doubled before topping out Nov. 8.</p><p><blockquote>波动性并不令比特币投资者感到意外。今年迄今为止,该货币已上涨 63%,但从 4 月份到 7 月份的底部,其价值已下跌一半多一点。从那个低点开始,它在11月8日达到顶峰之前上涨了一倍多。</blockquote></p><p> So buying the dip may feel good in the moment, but Bitcoin investors won’t forget the correction from December 2017 to December 2018.</p><p><blockquote>因此,目前逢低买入可能感觉不错,但比特币投资者不会忘记 2017 年 12 月至 2018 年 12 月的调整。</blockquote></p><p> Beware, especially if the Fed tightens policy rapidly.</p><p><blockquote>要小心,尤其是如果美联储迅速收紧政策。</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>Bitcoin plunged over the weekend. Here’s Why.<blockquote>比特币周末暴跌。原因如下。</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBitcoin plunged over the weekend. Here’s Why.<blockquote>比特币周末暴跌。原因如下。</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Barrons</strong><span class=\"h-time small\">2021-12-06 16:37</span>\n</p>\n</h4>\n</header>\n<article>\n<p>The price of Bitcoin plummeted Saturday, building on losses that started a month ago and gathered steam this week after the Federal Reserve made clear that monetary support for markets is going away—soon.</p><p><blockquote>比特币价格周六暴跌,此前一个月开始出现亏损,并在美联储明确表示对市场的货币支持即将消失后,本周股价进一步上涨。</blockquote></p><p> Cryptocurrency’s biggest player has fallen about 29% to $48,100 a coin since Nov. 8, when the price hit an all-time high. Most other speculative assets, including small-cap growth stocks, started to slide at the same time.</p><p><blockquote>自 11 月 8 日价格创下历史新高以来,最大的加密货币已经下跌了约 29%,至每枚 48100 美元。包括小型成长股在内的大多数其他投机性资产同时开始下滑。</blockquote></p><p> Early Saturday, the Bitcoin selling picked up, dropping more than 20% before clawing back some losses. At one point, the crypto lost roughly $10,000 in an hour, according to CoinDesk, a crypto news website. The price of Ether also fell and is down 16% since Nov. 8.</p><p><blockquote>周六早些时候,比特币的抛售有所回升,下跌超过 20%,然后收复了一些损失。据加密货币新闻网站 CoinDesk 报道,加密货币一度在一小时内损失了大约 10,000 美元。以太币价格也下跌,自 11 月 8 日以来已下跌 16%。</blockquote></p><p> This week’s losses seem tied to the latest Covid-19 variant, Omicron, and comments by Fed Chair Jerome Powell. On Tuesday, Powell signaled the central bank would move faster to end its pandemic-era bond-buying program.</p><p><blockquote>本周的损失似乎与最新的 Covid-19 变种奥密克戎和美联储主席 Jerome Powell 的言论有关。周二,鲍威尔表示央行将加快行动,结束大流行时代的债券购买计划。</blockquote></p><p> The move would mean less money flowing into bonds, which would lower bond prices and lift their yields. And higher yields on safe, long-term bonds makes the most speculative assets—the long-term hopes of investors—less attractive to own. The stock market pulled back this week, too.</p><p><blockquote>此举将意味着更少的资金流入债券,这将降低债券价格并提高其收益率。安全的长期债券收益率较高,使得最具投机性的资产——投资者的长期希望——对拥有的吸引力降低。本周股市也有所回落。</blockquote></p><p> For Bitcoin, there is already buying interest because of its drawdown. The president of El Salvador, Nayib Bukele, announced his country had “bought the dip” at a price just over $48,000.</p><p><blockquote>对于比特币来说,由于下跌,已经出现了买盘兴趣。萨尔瓦多总统纳伊布-布凯莱(Nayib Bukele)宣布,萨尔瓦多以略高于 4.8 万美元的价格 “逢低买入”。</blockquote></p><p> Volatility doesn’t surprise Bitcoin investors. The currency is up 63% year to date, but has lost just over half of its value from April to its July bottom. From that low, it more than doubled before topping out Nov. 8.</p><p><blockquote>波动性并不令比特币投资者感到意外。今年迄今为止,该货币已上涨 63%,但从 4 月份到 7 月份的底部,其价值已下跌一半多一点。从那个低点开始,它在11月8日达到顶峰之前上涨了一倍多。</blockquote></p><p> So buying the dip may feel good in the moment, but Bitcoin investors won’t forget the correction from December 2017 to December 2018.</p><p><blockquote>因此,目前逢低买入可能感觉不错,但比特币投资者不会忘记 2017 年 12 月至 2018 年 12 月的调整。</blockquote></p><p> Beware, especially if the Fed tightens policy rapidly.</p><p><blockquote>要小心,尤其是如果美联储迅速收紧政策。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源:<a href=\"https://www.barrons.com/articles/bitcoin-plunges-heres-why-51638634989?siteid=yhoof2\">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":{"GBTC":"比特币ETF-Grayscale"},"source_url":"https://www.barrons.com/articles/bitcoin-plunges-heres-why-51638634989?siteid=yhoof2","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1104110830","content_text":"The price of Bitcoin plummeted Saturday, building on losses that started a month ago and gathered steam this week after the Federal Reserve made clear that monetary support for markets is going away—soon.\nCryptocurrency’s biggest player has fallen about 29% to $48,100 a coin since Nov. 8, when the price hit an all-time high. Most other speculative assets, including small-cap growth stocks, started to slide at the same time.\nEarly Saturday, the Bitcoin selling picked up, dropping more than 20% before clawing back some losses. At one point, the crypto lost roughly $10,000 in an hour, according to CoinDesk, a crypto news website. The price of Ether also fell and is down 16% since Nov. 8.\nThis week’s losses seem tied to the latest Covid-19 variant, Omicron, and comments by Fed Chair Jerome Powell. On Tuesday, Powell signaled the central bank would move faster to end its pandemic-era bond-buying program.\nThe move would mean less money flowing into bonds, which would lower bond prices and lift their yields. And higher yields on safe, long-term bonds makes the most speculative assets—the long-term hopes of investors—less attractive to own. The stock market pulled back this week, too.\nFor Bitcoin, there is already buying interest because of its drawdown. The president of El Salvador, Nayib Bukele, announced his country had “bought the dip” at a price just over $48,000.\nVolatility doesn’t surprise Bitcoin investors. The currency is up 63% year to date, but has lost just over half of its value from April to its July bottom. From that low, it more than doubled before topping out Nov. 8.\nSo buying the dip may feel good in the moment, but Bitcoin investors won’t forget the correction from December 2017 to December 2018.\nBeware, especially if the Fed tightens policy rapidly.","news_type":1,"symbols_score_info":{"GBTC":0.9,"XBTmain":0.9,"BTCmain":0.9,"MBTmain":0.9}},"isVote":1,"tweetType":1,"viewCount":1481,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":608688159,"gmtCreate":1638712418142,"gmtModify":1638712418274,"author":{"id":"3586473514667147","authorId":"3586473514667147","name":"gky","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3586473514667147","authorIdStr":"3586473514667147"},"themes":[],"title":"","htmlText":"Buy","listText":"Buy","text":"Buy","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/608688159","repostId":"1140678193","repostType":4,"isVote":1,"tweetType":1,"viewCount":1326,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":601530231,"gmtCreate":1638542205716,"gmtModify":1638542205848,"author":{"id":"3586473514667147","authorId":"3586473514667147","name":"gky","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3586473514667147","authorIdStr":"3586473514667147"},"themes":[],"title":"","htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/601530231","repostId":"2188236025","repostType":4,"isVote":1,"tweetType":1,"viewCount":1491,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":603770970,"gmtCreate":1638456564304,"gmtModify":1638456564434,"author":{"id":"3586473514667147","authorId":"3586473514667147","name":"gky","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3586473514667147","authorIdStr":"3586473514667147"},"themes":[],"title":"","htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/603770970","repostId":"2188900935","repostType":4,"isVote":1,"tweetType":1,"viewCount":1539,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":609873614,"gmtCreate":1638271516688,"gmtModify":1638271516814,"author":{"id":"3586473514667147","authorId":"3586473514667147","name":"gky","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3586473514667147","authorIdStr":"3586473514667147"},"themes":[],"title":"","htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/609873614","repostId":"2187581399","repostType":4,"isVote":1,"tweetType":1,"viewCount":1260,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0}],"hots":[{"id":690239979,"gmtCreate":1639668129324,"gmtModify":1639668129545,"author":{"id":"3586473514667147","authorId":"3586473514667147","name":"gky","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3586473514667147","authorIdStr":"3586473514667147"},"themes":[],"title":"","htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":10,"commentSize":4,"repostSize":0,"link":"https://laohu8.com/post/690239979","repostId":"1108384523","repostType":4,"repost":{"id":"1108384523","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":1639667369,"share":"https://www.laohunote.com/m/news/1108384523?lang=zh_CN&edition=full","pubTime":"2021-12-16 23:09","market":"us","language":"en","title":"Vir Biotechnology continued to gain over 7% in morning trading after showing neutralizing activity against omicron<blockquote>Vir Biotechnology 在显示出针对奥密克戎的中和活动后,早盘交易中继续上涨超过 7%</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1108384523","media":"Tiger Newspress","summary":"Vir Biotechnology continued to gain over 7% in morning trading after showing neutralizing activity a","content":"<p>Vir Biotechnology continued to gain over 7% in morning trading after showing neutralizing activity against omicron.<img src=\"https://static.tigerbbs.com/07fe5a6b831322eef2c479861ad70527\" tg-width=\"766\" tg-height=\"563\" width=\"100%\" height=\"auto\">The company announced new preclinical data, published to the preprint server bioRxiv, demonstrating the impact of the significant antigenic shift of the new COVID-19 omicron variant (B.1.1.529). </p><p><blockquote>Vir Biotechnology 在显示出针对奥密克戎的中和活动后,在早盘交易中继续上涨超过 7%。该公司宣布了新的临床前数据,发布到预印本服务器 bioRxiv,证明了新的 COVID-19 奥密克戎变体 (B.1.1.529) 显着抗原转变的影响。</blockquote></p><p> A significant reduction in plasma neutralizing activity was observed against omicron in sera from vaccinated and convalescent individuals. </p><p><blockquote>在接种疫苗和恢复期个体的血清中观察到针对奥密克戎的血浆中和活性显著降低。</blockquote></p><p> Researchers also tested the in vitro neutralizing activity of 44 monoclonal antibodies (mAbs) (eight of which are currently authorized or approved). </p><p><blockquote>研究人员还测试了44种单克隆抗体(mAb)的体外中和活性(其中8种目前已获得授权或批准)。</blockquote></p><p> Data demonstrate that sotrovimab and five other preclinical mAbs, developed by Vir in conjunction with GlaxoSmithKline plc (NYSE: GSK), retained their in vitro neutralizing activity against omicron.</p><p><blockquote>数据显示,由Vir与葛兰素史克公司(纽约证券交易所代码:GSK)联合开发的sotrovimab和其他五种临床前单克隆抗体保留了对奥密克戎病毒的体外中和活性。</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>Vir Biotechnology continued to gain over 7% in morning trading after showing neutralizing activity against omicron<blockquote>Vir Biotechnology 在显示出针对奥密克戎的中和活动后,早盘交易中继续上涨超过 7%</blockquote></title>\n<style 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#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\">\nVir Biotechnology continued to gain over 7% in morning trading after showing neutralizing activity against omicron<blockquote>Vir Biotechnology 在显示出针对奥密克戎的中和活动后,早盘交易中继续上涨超过 7%</blockquote>\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time smaller\">2021-12-16 23:09</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>Vir Biotechnology continued to gain over 7% in morning trading after showing neutralizing activity against omicron.<img src=\"https://static.tigerbbs.com/07fe5a6b831322eef2c479861ad70527\" tg-width=\"766\" tg-height=\"563\" width=\"100%\" height=\"auto\">The company announced new preclinical data, published to the preprint server bioRxiv, demonstrating the impact of the significant antigenic shift of the new COVID-19 omicron variant (B.1.1.529). </p><p><blockquote>Vir Biotechnology 在显示出针对奥密克戎的中和活动后,在早盘交易中继续上涨超过 7%。该公司宣布了新的临床前数据,发布到预印本服务器 bioRxiv,证明了新的 COVID-19 奥密克戎变体 (B.1.1.529) 显着抗原转变的影响。</blockquote></p><p> A significant reduction in plasma neutralizing activity was observed against omicron in sera from vaccinated and convalescent individuals. </p><p><blockquote>在接种疫苗和恢复期个体的血清中观察到针对奥密克戎的血浆中和活性显著降低。</blockquote></p><p> Researchers also tested the in vitro neutralizing activity of 44 monoclonal antibodies (mAbs) (eight of which are currently authorized or approved). </p><p><blockquote>研究人员还测试了44种单克隆抗体(mAb)的体外中和活性(其中8种目前已获得授权或批准)。</blockquote></p><p> Data demonstrate that sotrovimab and five other preclinical mAbs, developed by Vir in conjunction with GlaxoSmithKline plc (NYSE: GSK), retained their in vitro neutralizing activity against omicron.</p><p><blockquote>数据显示,由Vir与葛兰素史克公司(纽约证券交易所代码:GSK)联合开发的sotrovimab和其他五种临床前单克隆抗体保留了对奥密克戎病毒的体外中和活性。</blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"VIR":"Vir Biotechnology, Inc."},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1108384523","content_text":"Vir Biotechnology continued to gain over 7% in morning trading after showing neutralizing activity against omicron.The company announced new preclinical data, published to the preprint server bioRxiv, demonstrating the impact of the significant antigenic shift of the new COVID-19 omicron variant (B.1.1.529). \nA significant reduction in plasma neutralizing activity was observed against omicron in sera from vaccinated and convalescent individuals. \nResearchers also tested the in vitro neutralizing activity of 44 monoclonal antibodies (mAbs) (eight of which are currently authorized or approved). \nData demonstrate that sotrovimab and five other preclinical mAbs, developed by Vir in conjunction with GlaxoSmithKline plc (NYSE: GSK), retained their in vitro neutralizing activity against omicron.","news_type":1,"symbols_score_info":{"VIR":0.9}},"isVote":1,"tweetType":1,"viewCount":3963,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":862475762,"gmtCreate":1632907825473,"gmtModify":1632907825622,"author":{"id":"3586473514667147","authorId":"3586473514667147","name":"gky","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3586473514667147","authorIdStr":"3586473514667147"},"themes":[],"title":"","htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":9,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/862475762","repostId":"1198528044","repostType":4,"repost":{"id":"1198528044","kind":"news","pubTimestamp":1632882697,"share":"https://www.laohunote.com/m/news/1198528044?lang=zh_CN&edition=full","pubTime":"2021-09-29 10:31","market":"us","language":"en","title":"Technically Speaking: Is The Market \"Melting-Up?\"<blockquote>从技术上讲:市场正在“融化”吗?</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1198528044","media":"seekingalpha","summary":"Summary\n\nGiven the Fed’s ongoing balance sheet operations, investors fully believe they have protect","content":"<p><b>Summary</b></p><p><blockquote><b>总结</b></blockquote></p><p> <ul> <li>Given the Fed’s ongoing balance sheet operations, investors fully believe they have protection from a decline.</li> <li>As is always the case, the investing public believes future earnings will justify higher prices during a melt-up. It just never works out that way.</li> <li>While it is essential to take advantage of the melt-up while it lasts, just don’t become overly complacent “this time is different”.</li> </ul> Is the<i>“market melting-up?”</i>Such was the question I received from my colleague at<i>Cut The Crap Investing.</i>It is an excellent question given the relentless increase in what investors believe is a<i>“no risk”</i>market.</p><p><blockquote><ul><li>鉴于美联储正在进行的资产负债表操作,投资者完全相信他们可以免受下跌的影响。</li><li>一如既往,投资公众相信未来的收益将证明熔化期间价格上涨是合理的。只是从来没有那样的结果。</li><li>虽然在融化过程中利用融化的机会至关重要,但不要过于自满 “这次不同了”。</li></ul>是<i>“市场融化?”</i>这是我从同事那里得到的问题<i>减少垃圾投资。</i>这是一个很好的问题,因为投资者认为<i>“无风险”</i>市场。</blockquote></p><p> Of course, we need a definition of precisely what constitutes a melt-up.</p><p><blockquote>当然,我们需要一个定义,准确地定义什么是熔化。</blockquote></p><p> <i>“A melt-up is a sustained and often unexpected improvement in the investment performance of an asset or asset class, driven partly</i> <i><b>by a stampede of investors who don’t want to miss out on its rise,</b></i> <i>rather than by fundamental improvements in the economy.“</i>– <i>Investopedia</i> Currently, there is sufficient evidence to support the idea of an exuberant market.<b><i>As noted previously:</i></b></p><p><blockquote><i>“融化是指资产或资产类别的投资业绩持续且往往出乎意料的改善,部分原因是</i><i><b>不想错过其上涨机会的投资者蜂拥而至、</b></i><i>而不是经济的根本性改善。”</i>–<i>投资百科</i>目前,有足够的证据支持市场繁荣的观点。<b><i>如前所述:</i></b></blockquote></p><p> <i>“Near peaks of market cycles, investors become swept up by the underlying exuberance. That exuberance breeds the “rationalization” that “this time is different.” So how do you know the market is exuberant currently? Via Sentiment Trader:”</i> <i>‘This type of market activity is an indication that markets have returned their ‘enthusiasm’ stage. Such is characterized by:’</i> <ul> <li><b><i>High optimism</i></b></li> <li><b><i>Easy credit (too easy, with loose terms)</i></b></li> <li><b><i>A rush of initial and secondary offerings</i></b></li> <li><b><i>Risky stocks outperforming</i></b></li> <li><b><i>Stretched valuations</i></b></li> </ul> <img src=\"https://static.tigerbbs.com/ff8de3a84084162ca86b415584bbf793\" tg-width=\"731\" tg-height=\"468\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"></p><p><blockquote><i>“在市场周期的顶峰附近,投资者会被潜在的繁荣所吸引。这种繁荣滋生了 “合理化”,即 “这次不同 ”。那么,你如何知道目前的市场是否繁荣呢?通过情绪交易者:”</i><i>这种市场活动表明市场已经回到了'热情'阶段。其特点是:'</i><ul><li><b><i>高度乐观</i></b></li><li><b><i>轻松信贷(太容易,条款宽松)</i></b></li><li><b><i>首次和二次发行的热潮</i></b></li><li><b><i>高风险股票跑赢大盘</i></b></li><li><b><i>拉伸估值</i></b></li></ul></blockquote></p><p> However, while one would expect individuals to exhibit caution in such an environment, the opposite is true. Given the Fed’s ongoing balance sheet operations, investors fully believe they have protection from a decline.</p><p><blockquote>然而,虽然人们会期望个人在这样的环境中表现出谨慎,但事实恰恰相反。鉴于美联储正在进行的资产负债表操作,投资者完全相信他们可以免受下跌的影响。</blockquote></p><p> <b>A Visualization Of A Market Melting-Up</b></p><p><blockquote><b>市场融化的可视化</b></blockquote></p><p> It is often easier to visualize something rather than explain it.<b>Since 1900, only two previous market periods qualify as a melt-up: 1920-1929 and 1995-2000.</b>The chart below shows both periods in terms of price.</p><p><blockquote>想象一些事情往往比解释它更容易。<b>自 1900 年以来,只有两个之前的市场时期符合融化的条件:1920-1929 年和 1995-2000 年。</b>下图显示了这两个时期的价格。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/a218c7efe2ebd874d05c9ff7dd564436\" tg-width=\"797\" tg-height=\"437\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"><img src=\"https://static.tigerbbs.com/9f193c9c32d55747bf7ff511c2f9fd53\" tg-width=\"793\" tg-height=\"439\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"></p><p><blockquote></blockquote></p><p> However, the melt-up is also visually represented by the incredibly sharp rise in valuations. Such is essential because earnings are not rising at a fast enough clip to support higher prices.<b>As is always the case, the investing public believes future earnings will justify higher prices during a melt-up. It just never works out that way.</b></p><p><blockquote>然而,估值的大幅上涨也直观地体现了这种融化。这一点至关重要,因为盈利增长速度不足以支撑价格上涨。<b>一如既往,投资公众相信未来的收益将证明熔化期间价格上涨是合理的。只是从来没有那样的结果。</b></blockquote></p><p> <img src=\"https://static.tigerbbs.com/c69e418d5a19d6fd03b305ab111e3be3\" tg-width=\"794\" tg-height=\"440\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"><img src=\"https://static.tigerbbs.com/af03d3bbd071b8edfdf3a19e2c7b0bcd\" tg-width=\"796\" tg-height=\"437\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"></p><p><blockquote></blockquote></p><p> We can compare those two previous periods with the current advance from the March 2020 lows. Again, we see a very similar sharp advance in price combined with a surge in valuations. As expected, investors are currently hoping that future earnings will rise sharply enough to justify current prices. However, the justification for paying high prices is the Federal Reserve’s ongoing balance sheet expansion.</p><p><blockquote>我们可以将前两个时期与当前较 2020 年 3 月低点的进步进行比较。同样,我们看到价格也出现了非常相似的大幅上涨,同时估值也飙升。正如预期的那样,投资者目前希望未来的盈利能够大幅增长,以证明当前的价格是合理的。然而,付出高价的理由是美联储持续的资产负债表扩张。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/f3562aea27b24ad4921d0f5cd497e072\" tg-width=\"804\" tg-height=\"444\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"></p><p><blockquote></blockquote></p><p> The following chart looks that the price advance and valuation measures a little differently. It shows the current deviation from the long-term exponential growth trend. Not surprisingly, during a market<i>“melt-up,”</i>there is a rapid deviation from the growth trend matching the acceleration in valuations.</p><p><blockquote>下图显示,价格上涨和估值的衡量标准略有不同。它显示了当前与长期指数增长趋势的偏差。毫不奇怪,在市场期间<i>“融化,”</i>与估值加速相匹配的增长趋势迅速偏离。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/1419cf4b2afdcdc0f61e0cad862f498d\" tg-width=\"836\" tg-height=\"460\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"></p><p><blockquote></blockquote></p><p> The problem with market<i>“melt-ups”</i>is not the melt-up itself but what always follows.</p><p><blockquote>市场问题<i>“融化”</i>不是熔化本身,而是随之而来的东西。</blockquote></p><p> <b>Melting-Up Leads To Melting-Down</b></p><p><blockquote><b>熔化导致熔化</b></blockquote></p><p> A market melting-up is exciting while it lasts. During melt-ups, investors begin to rationalize why<i>“this time is different.”</i>They start taking on excess leverage to try and capitalize on the rapid advance in prices, and fundamentals take a back seat to price momentum.</p><p><blockquote>市场融化持续下去是令人兴奋的。在融化过程中,投资者开始合理化原因<i>“这次不一样。”</i>他们开始过度使用杠杆,试图利用价格的快速上涨,而基本面则让位于价格动能。</blockquote></p><p></p><p> Market melt-ups are all about<i>“psychology.”</i><b>Historically, whatever has been the catalyst to spark the disregard of risk is readily witnessed in the corresponding surge in price and valuations.</b>The chart below shows the long-term deviations in relative strength, deviations, and valuations. The previous<i>‘melt-up”</i>periods should be easy to spot when compared with the advance currently.</p><p><blockquote>市场融化是关于<i>心理学。</i><b>从历史上看,无论什么催化剂引发了人们对风险的漠视,价格和估值的相应飙升都很容易见证。</b>下图显示了相对强度、偏差和估值的长期偏差。以前的<i>“融化”</i>与目前的进步相比,时期应该很容易发现。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/bc04cb25c0199dd17475a551a5dd7ec1\" tg-width=\"869\" tg-height=\"1024\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"></p><p><blockquote></blockquote></p><p> Given that current extensions match only a few rare periods in history, a couple of points should be readily apparent.</p><p><blockquote>鉴于当前的扩展只与历史上几个罕见的时期相匹配,有几点应该是显而易见的。</blockquote></p><p> <ol> <li><b><i>Melt-ups can longer than logic would predict.</i></b></li> <li><b><i>The prevailing psychology is always “this time is different.”</i></b></li> <li><b><i>Valuations are dismissed in exchange for measures of momentum and forward expectations.</i></b></li> <li><b><i>Investors take on excess leverage and risk in order to participate in a seemingly “can’t lose” market.</i></b></li> <li><b><i>Lastly, and inevitably, “melt-ups” end and always in the worst possible outcomes.</i></b></li> </ol> It is essential to recognize the markets are in a<i>“melt-up,</i>” and the duration of that event is unknowable. Therefore, investors need a strategy to participate in the advance and mitigate the damage from the eventual<i>“melting-down.”</i></p><p><blockquote><ol><li><b><i>融化的时间可能比逻辑预测的要长。</i></b></li><li><b><i>流行的心理总是 “这次不一样”。</i></b></li><li><b><i>估值被放弃,以换取势头和前瞻性预期的衡量标准。</i></b></li><li><b><i>投资者为了参与一个看似 “输不起 ”的市场,承担了过多的杠杆和风险。</i></b></li><li><b><i>最后,也是不可避免的,“融化 ”以最坏的结果告终。</i></b></li></ol>必须认识到市场处于<i>“融化,</i>“事件的持续时间不得而知。因此,投资者需要一个策略来参与预先,并减轻最终的损失<i>“融化。”</i></blockquote></p><p> <b>Surviving The Melt-Up</b></p><p><blockquote><b>在融化中幸存下来</b></blockquote></p><p> <b>As noted, none of this means the next</b><b><i>“bear market”</i></b><b>is lurking.</b>Given that a market melting-up is a function of psychology, they can last longer and go further than logic would predict. What is required to “<i>end”</i>a melt-up is an unanticipated exogenous event that changes psychology from bullish to bearish. Such is when the stampede for the exits occurs, and prices decline very quickly.</p><p><blockquote><b>如前所述,这些都不意味着下一个</b><b><i>“熊市”</i></b><b>正在潜伏。</b>鉴于市场融化是心理的一个功能,它们可能会持续更长时间,比逻辑预测的更远。需要什么 “<i>结束”</i>融化是一种意想不到的外部事件,它会将心理从看涨转变为看跌。这就是退出潮发生的时候,价格会迅速下跌。</blockquote></p><p> As such, investors need a set of guidelines to participate in the market advance. But, of course, the hard part is keeping those gains when corrections inevitably occur.</p><p><blockquote>因此,投资者需要一套指导方针来参与市场发展。但是,当然,困难的部分是当调整不可避免地发生时保持这些收益。</blockquote></p><p> As portfolio managers for our clients, such is precisely the approach we must take. Accordingly, I have provided a general overview of the process that we employ.</p><p><blockquote>作为客户的投资组合经理,这正是我们必须采取的方法。因此,我概述了我们采用的流程。</blockquote></p><p> <ol> <li><i><b>Tighten up stop-loss levels</b></i><i>to current support levels for each position.(Provides identifiable exit points when the market reverses.)</i></li> <li><i><b>Hedge portfolios</b></i><i>against major market declines.(Non-correlated assets, short-market positions, index put options)</i></li> <li><i><b>Take profits</b></i><i>in positions that have been big winners(Rebalancing overbought or extended positions to capture gains but continue to participate in the advance.)</i></li> <li><i><b>Sell laggards</b></i><i>and losers</i>.<i>(If something isn’t working in a market melt-up, it most likely won’t work during a broad decline. Better to eliminate the risk early.)</i></li> <li><i><b>Raise cash</b></i><i>and rebalance portfolios to target weightings.(Rebalancing risk on a regular basis keeps hidden risks somewhat mitigated.)</i></li> </ol> <b>Notice, nothing in there says,</b><b><i>“sell everything and go to cash.”</i></b></p><p><blockquote><ol><li><i><b>收紧止损水平</b></i><i>每个头寸的当前支撑位。(在市场反转时提供可识别的退出点。)</i></li><li><i><b>对冲投资组合</b></i><i>抵御市场大幅下跌。(不相关资产、空头市场头寸、指数看跌期权)</i></li><li><i><b>获利</b></i><i>在已经成为大赢家的头寸中(重新平衡超买或扩展头寸以获取收益,但继续参与上涨。)</i></li><li><i><b>卖出落后者</b></i><i>和失败者</i>.<i>(如果某种方法在市场融化时不起作用,那么在普遍下跌时很可能也不起作用。最好尽早消除风险)。</i></li><li><i><b>筹集现金</b></i><i>并根据目标权重重新平衡投资组合。(定期重新平衡风险可以在一定程度上减轻隐藏风险。)</i></li></ol><b>注意,里面没写,</b><b><i>“卖掉所有东西,变现。”</i></b></blockquote></p><p> There will be a time to raise significant levels of cash. A good portfolio management strategy will automatically ensure that<i>“stop-loss”</i>levels get triggered, exposure decreases, and cash levels rise when the selling begins.</p><p><blockquote>将会有一段时间大幅筹集现金。良好的投资组合管理策略将自动确保<i>“止损”</i>当销售开始时,水平被触发,风险敞口减少,现金水平上升。</blockquote></p><p> While it is essential to take advantage of the melt-up while it lasts, just don’t become overly complacent<i>“this time is different.”</i></p><p><blockquote>虽然在融化过程中利用融化的机会至关重要,但不要过于自满<i>“这次不一样。”</i></blockquote></p><p> It likely isn’t.</p><p><blockquote>很可能不是。</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>Technically Speaking: Is The Market \"Melting-Up?\"<blockquote>从技术上讲:市场正在“融化”吗?</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\">\nTechnically Speaking: Is The Market \"Melting-Up?\"<blockquote>从技术上讲:市场正在“融化”吗?</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">seekingalpha</strong><span class=\"h-time small\">2021-09-29 10:31</span>\n</p>\n</h4>\n</header>\n<article>\n<p><b>Summary</b></p><p><blockquote><b>总结</b></blockquote></p><p> <ul> <li>Given the Fed’s ongoing balance sheet operations, investors fully believe they have protection from a decline.</li> <li>As is always the case, the investing public believes future earnings will justify higher prices during a melt-up. It just never works out that way.</li> <li>While it is essential to take advantage of the melt-up while it lasts, just don’t become overly complacent “this time is different”.</li> </ul> Is the<i>“market melting-up?”</i>Such was the question I received from my colleague at<i>Cut The Crap Investing.</i>It is an excellent question given the relentless increase in what investors believe is a<i>“no risk”</i>market.</p><p><blockquote><ul><li>鉴于美联储正在进行的资产负债表操作,投资者完全相信他们可以免受下跌的影响。</li><li>一如既往,投资公众相信未来的收益将证明熔化期间价格上涨是合理的。只是从来没有那样的结果。</li><li>虽然在融化过程中利用融化的机会至关重要,但不要过于自满 “这次不同了”。</li></ul>是<i>“市场融化?”</i>这是我从同事那里得到的问题<i>减少垃圾投资。</i>这是一个很好的问题,因为投资者认为<i>“无风险”</i>市场。</blockquote></p><p> Of course, we need a definition of precisely what constitutes a melt-up.</p><p><blockquote>当然,我们需要一个定义,准确地定义什么是熔化。</blockquote></p><p> <i>“A melt-up is a sustained and often unexpected improvement in the investment performance of an asset or asset class, driven partly</i> <i><b>by a stampede of investors who don’t want to miss out on its rise,</b></i> <i>rather than by fundamental improvements in the economy.“</i>– <i>Investopedia</i> Currently, there is sufficient evidence to support the idea of an exuberant market.<b><i>As noted previously:</i></b></p><p><blockquote><i>“融化是指资产或资产类别的投资业绩持续且往往出乎意料的改善,部分原因是</i><i><b>不想错过其上涨机会的投资者蜂拥而至、</b></i><i>而不是经济的根本性改善。”</i>–<i>投资百科</i>目前,有足够的证据支持市场繁荣的观点。<b><i>如前所述:</i></b></blockquote></p><p> <i>“Near peaks of market cycles, investors become swept up by the underlying exuberance. That exuberance breeds the “rationalization” that “this time is different.” So how do you know the market is exuberant currently? Via Sentiment Trader:”</i> <i>‘This type of market activity is an indication that markets have returned their ‘enthusiasm’ stage. Such is characterized by:’</i> <ul> <li><b><i>High optimism</i></b></li> <li><b><i>Easy credit (too easy, with loose terms)</i></b></li> <li><b><i>A rush of initial and secondary offerings</i></b></li> <li><b><i>Risky stocks outperforming</i></b></li> <li><b><i>Stretched valuations</i></b></li> </ul> <img src=\"https://static.tigerbbs.com/ff8de3a84084162ca86b415584bbf793\" tg-width=\"731\" tg-height=\"468\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"></p><p><blockquote><i>“在市场周期的顶峰附近,投资者会被潜在的繁荣所吸引。这种繁荣滋生了 “合理化”,即 “这次不同 ”。那么,你如何知道目前的市场是否繁荣呢?通过情绪交易者:”</i><i>这种市场活动表明市场已经回到了'热情'阶段。其特点是:'</i><ul><li><b><i>高度乐观</i></b></li><li><b><i>轻松信贷(太容易,条款宽松)</i></b></li><li><b><i>首次和二次发行的热潮</i></b></li><li><b><i>高风险股票跑赢大盘</i></b></li><li><b><i>拉伸估值</i></b></li></ul></blockquote></p><p> However, while one would expect individuals to exhibit caution in such an environment, the opposite is true. Given the Fed’s ongoing balance sheet operations, investors fully believe they have protection from a decline.</p><p><blockquote>然而,虽然人们会期望个人在这样的环境中表现出谨慎,但事实恰恰相反。鉴于美联储正在进行的资产负债表操作,投资者完全相信他们可以免受下跌的影响。</blockquote></p><p> <b>A Visualization Of A Market Melting-Up</b></p><p><blockquote><b>市场融化的可视化</b></blockquote></p><p> It is often easier to visualize something rather than explain it.<b>Since 1900, only two previous market periods qualify as a melt-up: 1920-1929 and 1995-2000.</b>The chart below shows both periods in terms of price.</p><p><blockquote>想象一些事情往往比解释它更容易。<b>自 1900 年以来,只有两个之前的市场时期符合融化的条件:1920-1929 年和 1995-2000 年。</b>下图显示了这两个时期的价格。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/a218c7efe2ebd874d05c9ff7dd564436\" tg-width=\"797\" tg-height=\"437\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"><img src=\"https://static.tigerbbs.com/9f193c9c32d55747bf7ff511c2f9fd53\" tg-width=\"793\" tg-height=\"439\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"></p><p><blockquote></blockquote></p><p> However, the melt-up is also visually represented by the incredibly sharp rise in valuations. Such is essential because earnings are not rising at a fast enough clip to support higher prices.<b>As is always the case, the investing public believes future earnings will justify higher prices during a melt-up. It just never works out that way.</b></p><p><blockquote>然而,估值的大幅上涨也直观地体现了这种融化。这一点至关重要,因为盈利增长速度不足以支撑价格上涨。<b>一如既往,投资公众相信未来的收益将证明熔化期间价格上涨是合理的。只是从来没有那样的结果。</b></blockquote></p><p> <img src=\"https://static.tigerbbs.com/c69e418d5a19d6fd03b305ab111e3be3\" tg-width=\"794\" tg-height=\"440\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"><img src=\"https://static.tigerbbs.com/af03d3bbd071b8edfdf3a19e2c7b0bcd\" tg-width=\"796\" tg-height=\"437\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"></p><p><blockquote></blockquote></p><p> We can compare those two previous periods with the current advance from the March 2020 lows. Again, we see a very similar sharp advance in price combined with a surge in valuations. As expected, investors are currently hoping that future earnings will rise sharply enough to justify current prices. However, the justification for paying high prices is the Federal Reserve’s ongoing balance sheet expansion.</p><p><blockquote>我们可以将前两个时期与当前较 2020 年 3 月低点的进步进行比较。同样,我们看到价格也出现了非常相似的大幅上涨,同时估值也飙升。正如预期的那样,投资者目前希望未来的盈利能够大幅增长,以证明当前的价格是合理的。然而,付出高价的理由是美联储持续的资产负债表扩张。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/f3562aea27b24ad4921d0f5cd497e072\" tg-width=\"804\" tg-height=\"444\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"></p><p><blockquote></blockquote></p><p> The following chart looks that the price advance and valuation measures a little differently. It shows the current deviation from the long-term exponential growth trend. Not surprisingly, during a market<i>“melt-up,”</i>there is a rapid deviation from the growth trend matching the acceleration in valuations.</p><p><blockquote>下图显示,价格上涨和估值的衡量标准略有不同。它显示了当前与长期指数增长趋势的偏差。毫不奇怪,在市场期间<i>“融化,”</i>与估值加速相匹配的增长趋势迅速偏离。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/1419cf4b2afdcdc0f61e0cad862f498d\" tg-width=\"836\" tg-height=\"460\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"></p><p><blockquote></blockquote></p><p> The problem with market<i>“melt-ups”</i>is not the melt-up itself but what always follows.</p><p><blockquote>市场问题<i>“融化”</i>不是熔化本身,而是随之而来的东西。</blockquote></p><p> <b>Melting-Up Leads To Melting-Down</b></p><p><blockquote><b>熔化导致熔化</b></blockquote></p><p> A market melting-up is exciting while it lasts. During melt-ups, investors begin to rationalize why<i>“this time is different.”</i>They start taking on excess leverage to try and capitalize on the rapid advance in prices, and fundamentals take a back seat to price momentum.</p><p><blockquote>市场融化持续下去是令人兴奋的。在融化过程中,投资者开始合理化原因<i>“这次不一样。”</i>他们开始过度使用杠杆,试图利用价格的快速上涨,而基本面则让位于价格动能。</blockquote></p><p></p><p> Market melt-ups are all about<i>“psychology.”</i><b>Historically, whatever has been the catalyst to spark the disregard of risk is readily witnessed in the corresponding surge in price and valuations.</b>The chart below shows the long-term deviations in relative strength, deviations, and valuations. The previous<i>‘melt-up”</i>periods should be easy to spot when compared with the advance currently.</p><p><blockquote>市场融化是关于<i>心理学。</i><b>从历史上看,无论什么催化剂引发了人们对风险的漠视,价格和估值的相应飙升都很容易见证。</b>下图显示了相对强度、偏差和估值的长期偏差。以前的<i>“融化”</i>与目前的进步相比,时期应该很容易发现。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/bc04cb25c0199dd17475a551a5dd7ec1\" tg-width=\"869\" tg-height=\"1024\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"></p><p><blockquote></blockquote></p><p> Given that current extensions match only a few rare periods in history, a couple of points should be readily apparent.</p><p><blockquote>鉴于当前的扩展只与历史上几个罕见的时期相匹配,有几点应该是显而易见的。</blockquote></p><p> <ol> <li><b><i>Melt-ups can longer than logic would predict.</i></b></li> <li><b><i>The prevailing psychology is always “this time is different.”</i></b></li> <li><b><i>Valuations are dismissed in exchange for measures of momentum and forward expectations.</i></b></li> <li><b><i>Investors take on excess leverage and risk in order to participate in a seemingly “can’t lose” market.</i></b></li> <li><b><i>Lastly, and inevitably, “melt-ups” end and always in the worst possible outcomes.</i></b></li> </ol> It is essential to recognize the markets are in a<i>“melt-up,</i>” and the duration of that event is unknowable. Therefore, investors need a strategy to participate in the advance and mitigate the damage from the eventual<i>“melting-down.”</i></p><p><blockquote><ol><li><b><i>融化的时间可能比逻辑预测的要长。</i></b></li><li><b><i>流行的心理总是 “这次不一样”。</i></b></li><li><b><i>估值被放弃,以换取势头和前瞻性预期的衡量标准。</i></b></li><li><b><i>投资者为了参与一个看似 “输不起 ”的市场,承担了过多的杠杆和风险。</i></b></li><li><b><i>最后,也是不可避免的,“融化 ”以最坏的结果告终。</i></b></li></ol>必须认识到市场处于<i>“融化,</i>“事件的持续时间不得而知。因此,投资者需要一个策略来参与预先,并减轻最终的损失<i>“融化。”</i></blockquote></p><p> <b>Surviving The Melt-Up</b></p><p><blockquote><b>在融化中幸存下来</b></blockquote></p><p> <b>As noted, none of this means the next</b><b><i>“bear market”</i></b><b>is lurking.</b>Given that a market melting-up is a function of psychology, they can last longer and go further than logic would predict. What is required to “<i>end”</i>a melt-up is an unanticipated exogenous event that changes psychology from bullish to bearish. Such is when the stampede for the exits occurs, and prices decline very quickly.</p><p><blockquote><b>如前所述,这些都不意味着下一个</b><b><i>“熊市”</i></b><b>正在潜伏。</b>鉴于市场融化是心理的一个功能,它们可能会持续更长时间,比逻辑预测的更远。需要什么 “<i>结束”</i>融化是一种意想不到的外部事件,它会将心理从看涨转变为看跌。这就是退出潮发生的时候,价格会迅速下跌。</blockquote></p><p> As such, investors need a set of guidelines to participate in the market advance. But, of course, the hard part is keeping those gains when corrections inevitably occur.</p><p><blockquote>因此,投资者需要一套指导方针来参与市场发展。但是,当然,困难的部分是当调整不可避免地发生时保持这些收益。</blockquote></p><p> As portfolio managers for our clients, such is precisely the approach we must take. Accordingly, I have provided a general overview of the process that we employ.</p><p><blockquote>作为客户的投资组合经理,这正是我们必须采取的方法。因此,我概述了我们采用的流程。</blockquote></p><p> <ol> <li><i><b>Tighten up stop-loss levels</b></i><i>to current support levels for each position.(Provides identifiable exit points when the market reverses.)</i></li> <li><i><b>Hedge portfolios</b></i><i>against major market declines.(Non-correlated assets, short-market positions, index put options)</i></li> <li><i><b>Take profits</b></i><i>in positions that have been big winners(Rebalancing overbought or extended positions to capture gains but continue to participate in the advance.)</i></li> <li><i><b>Sell laggards</b></i><i>and losers</i>.<i>(If something isn’t working in a market melt-up, it most likely won’t work during a broad decline. Better to eliminate the risk early.)</i></li> <li><i><b>Raise cash</b></i><i>and rebalance portfolios to target weightings.(Rebalancing risk on a regular basis keeps hidden risks somewhat mitigated.)</i></li> </ol> <b>Notice, nothing in there says,</b><b><i>“sell everything and go to cash.”</i></b></p><p><blockquote><ol><li><i><b>收紧止损水平</b></i><i>每个头寸的当前支撑位。(在市场反转时提供可识别的退出点。)</i></li><li><i><b>对冲投资组合</b></i><i>抵御市场大幅下跌。(不相关资产、空头市场头寸、指数看跌期权)</i></li><li><i><b>获利</b></i><i>在已经成为大赢家的头寸中(重新平衡超买或扩展头寸以获取收益,但继续参与上涨。)</i></li><li><i><b>卖出落后者</b></i><i>和失败者</i>.<i>(如果某种方法在市场融化时不起作用,那么在普遍下跌时很可能也不起作用。最好尽早消除风险)。</i></li><li><i><b>筹集现金</b></i><i>并根据目标权重重新平衡投资组合。(定期重新平衡风险可以在一定程度上减轻隐藏风险。)</i></li></ol><b>注意,里面没写,</b><b><i>“卖掉所有东西,变现。”</i></b></blockquote></p><p> There will be a time to raise significant levels of cash. A good portfolio management strategy will automatically ensure that<i>“stop-loss”</i>levels get triggered, exposure decreases, and cash levels rise when the selling begins.</p><p><blockquote>将会有一段时间大幅筹集现金。良好的投资组合管理策略将自动确保<i>“止损”</i>当销售开始时,水平被触发,风险敞口减少,现金水平上升。</blockquote></p><p> While it is essential to take advantage of the melt-up while it lasts, just don’t become overly complacent<i>“this time is different.”</i></p><p><blockquote>虽然在融化过程中利用融化的机会至关重要,但不要过于自满<i>“这次不一样。”</i></blockquote></p><p> It likely isn’t.</p><p><blockquote>很可能不是。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源:<a href=\"https://seekingalpha.com/article/4457469-technically-speaking-is-the-market-melting-up\">seekingalpha</a></p>\n<p>为提升您的阅读体验,我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SPY":"标普500ETF",".DJI":"道琼斯",".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index"},"source_url":"https://seekingalpha.com/article/4457469-technically-speaking-is-the-market-melting-up","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1198528044","content_text":"Summary\n\nGiven the Fed’s ongoing balance sheet operations, investors fully believe they have protection from a decline.\nAs is always the case, the investing public believes future earnings will justify higher prices during a melt-up. It just never works out that way.\nWhile it is essential to take advantage of the melt-up while it lasts, just don’t become overly complacent “this time is different”.\n\nIs the“market melting-up?”Such was the question I received from my colleague atCut The Crap Investing.It is an excellent question given the relentless increase in what investors believe is a“no risk”market.\nOf course, we need a definition of precisely what constitutes a melt-up.\n\n“A melt-up is a sustained and often unexpected improvement in the investment performance of an asset or asset class, driven partly\nby a stampede of investors who don’t want to miss out on its rise,\nrather than by fundamental improvements in the economy.“–\n Investopedia\n\nCurrently, there is sufficient evidence to support the idea of an exuberant market.As noted previously:\n\n“Near peaks of market cycles, investors become swept up by the underlying exuberance. That exuberance breeds the “rationalization” that “this time is different.” So how do you know the market is exuberant currently? Via Sentiment Trader:”\n\n\n‘This type of market activity is an indication that markets have returned their ‘enthusiasm’ stage. Such is characterized by:’\n\n\nHigh optimism\nEasy credit (too easy, with loose terms)\nA rush of initial and secondary offerings\nRisky stocks outperforming\nStretched valuations\n\n\nHowever, while one would expect individuals to exhibit caution in such an environment, the opposite is true. Given the Fed’s ongoing balance sheet operations, investors fully believe they have protection from a decline.\nA Visualization Of A Market Melting-Up\nIt is often easier to visualize something rather than explain it.Since 1900, only two previous market periods qualify as a melt-up: 1920-1929 and 1995-2000.The chart below shows both periods in terms of price.\n\nHowever, the melt-up is also visually represented by the incredibly sharp rise in valuations. Such is essential because earnings are not rising at a fast enough clip to support higher prices.As is always the case, the investing public believes future earnings will justify higher prices during a melt-up. It just never works out that way.\n\nWe can compare those two previous periods with the current advance from the March 2020 lows. Again, we see a very similar sharp advance in price combined with a surge in valuations. As expected, investors are currently hoping that future earnings will rise sharply enough to justify current prices. However, the justification for paying high prices is the Federal Reserve’s ongoing balance sheet expansion.\n\nThe following chart looks that the price advance and valuation measures a little differently. It shows the current deviation from the long-term exponential growth trend. Not surprisingly, during a market“melt-up,”there is a rapid deviation from the growth trend matching the acceleration in valuations.\n\nThe problem with market“melt-ups”is not the melt-up itself but what always follows.\nMelting-Up Leads To Melting-Down\nA market melting-up is exciting while it lasts. During melt-ups, investors begin to rationalize why“this time is different.”They start taking on excess leverage to try and capitalize on the rapid advance in prices, and fundamentals take a back seat to price momentum.\nMarket melt-ups are all about“psychology.”Historically, whatever has been the catalyst to spark the disregard of risk is readily witnessed in the corresponding surge in price and valuations.The chart below shows the long-term deviations in relative strength, deviations, and valuations. The previous‘melt-up”periods should be easy to spot when compared with the advance currently.\n\nGiven that current extensions match only a few rare periods in history, a couple of points should be readily apparent.\n\nMelt-ups can longer than logic would predict.\nThe prevailing psychology is always “this time is different.”\nValuations are dismissed in exchange for measures of momentum and forward expectations.\nInvestors take on excess leverage and risk in order to participate in a seemingly “can’t lose” market.\nLastly, and inevitably, “melt-ups” end and always in the worst possible outcomes.\n\nIt is essential to recognize the markets are in a“melt-up,” and the duration of that event is unknowable. Therefore, investors need a strategy to participate in the advance and mitigate the damage from the eventual“melting-down.”\nSurviving The Melt-Up\nAs noted, none of this means the next“bear market”is lurking.Given that a market melting-up is a function of psychology, they can last longer and go further than logic would predict. What is required to “end”a melt-up is an unanticipated exogenous event that changes psychology from bullish to bearish. Such is when the stampede for the exits occurs, and prices decline very quickly.\nAs such, investors need a set of guidelines to participate in the market advance. But, of course, the hard part is keeping those gains when corrections inevitably occur.\nAs portfolio managers for our clients, such is precisely the approach we must take. Accordingly, I have provided a general overview of the process that we employ.\n\nTighten up stop-loss levelsto current support levels for each position.(Provides identifiable exit points when the market reverses.)\nHedge portfoliosagainst major market declines.(Non-correlated assets, short-market positions, index put options)\nTake profitsin positions that have been big winners(Rebalancing overbought or extended positions to capture gains but continue to participate in the advance.)\nSell laggardsand losers.(If something isn’t working in a market melt-up, it most likely won’t work during a broad decline. Better to eliminate the risk early.)\nRaise cashand rebalance portfolios to target weightings.(Rebalancing risk on a regular basis keeps hidden risks somewhat mitigated.)\n\nNotice, nothing in there says,“sell everything and go to cash.”\nThere will be a time to raise significant levels of cash. A good portfolio management strategy will automatically ensure that“stop-loss”levels get triggered, exposure decreases, and cash levels rise when the selling begins.\nWhile it is essential to take advantage of the melt-up while it lasts, just don’t become overly complacent“this time is different.”\nIt likely isn’t.","news_type":1,"symbols_score_info":{".IXIC":0.9,"SPY":0.9,".SPX":0.9,".DJI":0.9}},"isVote":1,"tweetType":1,"viewCount":786,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":873163795,"gmtCreate":1636886554639,"gmtModify":1636886554639,"author":{"id":"3586473514667147","authorId":"3586473514667147","name":"gky","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3586473514667147","authorIdStr":"3586473514667147"},"themes":[],"title":"","htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/873163795","repostId":"1103944030","repostType":4,"isVote":1,"tweetType":1,"viewCount":893,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":821716416,"gmtCreate":1633788930184,"gmtModify":1633788930244,"author":{"id":"3586473514667147","authorId":"3586473514667147","name":"gky","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3586473514667147","authorIdStr":"3586473514667147"},"themes":[],"title":"","htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/821716416","repostId":"2174192219","repostType":4,"isVote":1,"tweetType":1,"viewCount":559,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":604925550,"gmtCreate":1639315932816,"gmtModify":1639315933026,"author":{"id":"3586473514667147","authorId":"3586473514667147","name":"gky","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3586473514667147","authorIdStr":"3586473514667147"},"themes":[],"title":"","htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/604925550","repostId":"2190992671","repostType":4,"isVote":1,"tweetType":1,"viewCount":1454,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":600581398,"gmtCreate":1638174046503,"gmtModify":1638174049134,"author":{"id":"3586473514667147","authorId":"3586473514667147","name":"gky","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3586473514667147","authorIdStr":"3586473514667147"},"themes":[],"title":"","htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/600581398","repostId":"1137228068","repostType":4,"repost":{"id":"1137228068","kind":"news","pubTimestamp":1638173211,"share":"https://www.laohunote.com/m/news/1137228068?lang=zh_CN&edition=full","pubTime":"2021-11-29 16:06","market":"us","language":"en","title":"If The Meme Stock Craze Is Ending, GameStop Isn't Worth Much<blockquote>如果模因股票热潮结束,游戏驿站就不值钱了</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1137228068","media":"Seeking Alpha","summary":"Summary\n\nThe meme trading craze looks to have ended, threatening GameStop's share supply/demand bala","content":"<p><b>Summary</b></p><p><blockquote><b>总结</b></blockquote></p><p> <ul> <li>The meme trading craze looks to have ended, threatening GameStop's share supply/demand balance.</li> <li>Valuations have overshot any rational financial analysis or backing by the underlying business.</li> <li>GameStop's short squeeze fuel no longer exists.</li> <li>Potential downside appears to be far greater than upside for 2022.</li> </ul> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/9c504bf771310b22472840a7831500c8\" tg-width=\"1536\" tg-height=\"1096\" width=\"100%\" height=\"auto\"><span>Ethan Miller/Getty Images News</span></p><p><blockquote><ul><li>迷因交易热潮似乎已经结束,威胁到 GameStop 的股票供需平衡。</li><li>估值超过了任何理性的财务分析或基础业务的支持。</li><li>GameStop 的空头挤压燃料已不复存在。</li><li>2022 年的潜在下行空间似乎远远大于上行空间。</li></ul><p class=\"t-img-caption\"><span>伊桑·米勒/盖蒂图片社新闻</span></p></blockquote></p><p> I have written a number of articles on GameStop(NYSE:GME) over the years, mostly bullish and one bearish take on the stock. My last article in November 2020 explained a short-term oversold condition around $20 a share. Luckily, I made a little profit on that position, and escaped before the once-in-a-lifetime short squeeze completely took hold. With the help of incredible buying volumes by small retail investors following website recommendations (the meme craze of early 2021), GameStop rose from $18 on the first trading day of January to $483 by the end of that month! That’s the kind of superb percentage Big Tech gain witnessed over a decade or two, not a few trading weeks. Literally, fortunes were made and lost in GameStop during 2020-21 (depending on your side of the trade).</p><p><blockquote>多年来,我写了很多关于游戏驿站(纽约证券交易所股票代码:GME)的文章,大部分是看涨的,还有一篇是看跌的。我在 2020 年 11 月发表的上一篇文章解释了每股 20 美元左右的短期超卖情况。幸运的是,我在那个仓位上获得了一点利润,并在千载难逢的逼空行情完全上演之前逃脱了。在小型散户投资者遵循网站推荐的惊人购买量的帮助下(2021年初的迷因热潮),游戏驿站从1月第一个交易日的18美元上涨到当月底的483美元!这就是大型科技公司在过去一二十年里(而不是几个交易周)所见证的极高百分比涨幅。从字面上看,在2020-21年期间,游戏驿站有赚有赔(取决于你的交易立场)。</blockquote></p><p> Anyway, the stock has flatlined or declined in price ever since this momentous short squeeze forced a number of hedge funds to cover (purchase) the stock at horrific loss levels. A good ten months later, investors in the stock need to ask themselves: what is the underlying business really worth, if the 2021 stock market bubble is starting to burst? My answer is the downside could be enormous, and all shareholders should seriously consider taking some money (especially large profits) off the table.</p><p><blockquote>无论如何,自从这次大规模的空头挤压迫使许多对冲基金以可怕的损失水平买入该股以来,该股的价格已经持平或下跌。十个月后,该股票的投资者需要问自己:如果 2021 年股市泡沫开始破裂,基础业务的真正价值是多少?我的回答是,负面影响可能是巨大的,所有股东都应该认真考虑从桌面上拿走一些钱(尤其是巨额利润)。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/7270f7dee1050f5c9aa24ab14c85d892\" tg-width=\"964\" tg-height=\"589\" width=\"100%\" height=\"auto\"><span>Image Source: Company Website November 26th, 2021</span></p><p><blockquote><p class=\"t-img-caption\"><span>图片来源:公司网站2021年11月26日</span></p></blockquote></p><p> <b>Weak Consensus Outlook</b></p><p><blockquote><b>共识前景疲弱</b></blockquote></p><p> Wall Street analysts following actual business trends are not very optimistic on GameStop’s immediate future. Below are their forecasts for fiscal 2022 (the current year) and 2023. Sales are not projected to grow by leaps and bounds to justify the price surge from a year ago, and the company is struggling to report an operating profit as currently configured.</p><p><blockquote>关注实际商业趋势的华尔街分析师对游戏驿站的近期前景并不十分乐观。以下是他们对 2022 财年(本年度)和 2023 财年的预测。预计销售额不会出现突飞猛进的增长来证明一年前价格飙升的合理性,而且该公司正在努力报告目前配置的营业利润。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/663ae1c457ad76bab8cfc99cd71c7fa7\" tg-width=\"640\" tg-height=\"237\" width=\"100%\" height=\"auto\"><span>Source: Seeking Alpha</span></p><p><blockquote><p class=\"t-img-caption\"><span>来源:Seeking Alpha</span></p></blockquote></p><p> Again, Seeking Alpha’s grades of the stock setup and computerized quant scoring of earnings and equity trading momentum leave a lot to be desired in late 2021. If you are looking for strong value or high growth rates, GameStop fails miserably as a buy idea.</p><p><blockquote>同样,在 2021 年底,Seeking Alpha 对股票设置的评分以及对盈利和股票交易势头的计算机化量化评分仍有很多不足之处。如果你正在寻找强劲的价值或高增长率,游戏驿站作为一个买入想法会惨败。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/c3728f92df6c28084beba26a290e9012\" tg-width=\"323\" tg-height=\"225\" width=\"100%\" height=\"auto\"><span>Source: Seeking Alpha</span></p><p><blockquote><p class=\"t-img-caption\"><span>来源:Seeking Alpha</span></p></blockquote></p><p> <b>Clear Overvaluation</b></p><p><blockquote><b>明显高估</b></blockquote></p><p> Sure, the gaming industry is growing, and the enterprise has a retail niche to play for consumers, but does the valuation of the stock match reality? My answer is a resounding NO. While the $5 price of 18-24 months ago was extremely undervalued (I said so in previous articles), today’s $200 price is the polar opposite for overvaluation. I come up with a long-term underlying worth closer to $50 for GameStop. Below are some stats to explain why.</p><p><blockquote>当然,游戏行业正在发展,该企业有一个为消费者提供的零售利基市场,但股票的估值与现实相符吗?我的回答是响亮的不。18-24 个月前 5 美元的价格被严重低估(我在之前的文章中说过),而今天 200 美元的价格则与高估截然相反。我为游戏驿站想出了一个价值接近 50 美元的长期基础资产。下面是一些统计数据来解释原因。</blockquote></p><p> The company does not earn a profit today, the primary goal of any business operation. Compared to other national third-party gaming retailers Best Buy(NYSE:BBY) or Walmart(NYSE:WMT), GameStop is uniquely unprofitable as a competitor. And, if you can choose where to put your investment capital, why not pick a higher profit margin game developer like Electronic Arts(NASDAQ:EA), Activision Blizzard(NASDAQ:ATVI) or Take-Two(NASDAQ:TTWO)?</p><p><blockquote>公司今天不赚取利润,这是任何企业运营的首要目标。与其他全国性第三方游戏零售商百思买(纽约证券交易所股票代码:BBY)或沃尔玛(纽约证券交易所股票代码:WMT)相比,游戏驿站作为竞争对手是独一无二的无利可图的。而且,如果您可以选择将投资资本放在哪里,为什么不选择利润率更高的游戏开发商,例如艺电(纳斯达克股票代码:EA)、动视暴雪(纳斯达克股票代码:ATVI)或 Take-Two(纳斯达克股票代码:TTWO)呢?</blockquote></p><p> <img src=\"https://static.tigerbbs.com/8b62c51578b951efbc8aa5cbb59ae2e5\" tg-width=\"635\" tg-height=\"501\" width=\"100%\" height=\"auto\"></p><p><blockquote></blockquote></p><p> Let’s review a decade of trading history revolving around the equity’s price to trailing sales, cash flow, and book value. On these underlying fundamental metrics, GameStop is currently valued at 3x to 5x its 10-year average setup!</p><p><blockquote>让我们回顾一下十年来的交易历史,从股票价格到过往销售额、现金流和账面价值。根据这些基本面指标,游戏驿站目前的估值是其 10 年平均设置的 3 倍到 5 倍!</blockquote></p><p> <img src=\"https://static.tigerbbs.com/45f0a321962bf675844ffb971880d302\" tg-width=\"635\" tg-height=\"450\" width=\"100%\" height=\"auto\"></p><p><blockquote></blockquote></p><p> Versus the peer group, GameStop is in nosebleed territory vs. profitable retailers on price to sales, and is approaching the high valuation multiples of the super-profitable game development businesses.</p><p><blockquote>与同行群体相比,游戏驿站在性价比方面与盈利的零售商相比处于领先地位,并且正在接近超级利润的游戏开发业务的高估值倍数。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/af8b9dbeed0649d2a1945c7736e85d09\" tg-width=\"635\" tg-height=\"501\" width=\"100%\" height=\"auto\"></p><p><blockquote></blockquote></p><p></p><p> On price to cash flow, $200 a share fails miserably for a fair valuation. It is double the ratio of gamers and 4x the ratio of retailers. Keep in mind all of the group actually churns out income for owners, while GameStop does not.</p><p><blockquote>从价格与现金流的比率来看,每股 200 美元的估值非常不公平。这是游戏玩家比例的两倍,零售商比例的4倍。请记住,整个集团实际上为所有者创造收入,而游戏驿站没有。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/31b5d358ce5fdf9e494a186731438120\" tg-width=\"635\" tg-height=\"501\" width=\"100%\" height=\"auto\"></p><p><blockquote></blockquote></p><p> Again, on price to book value, GameStop is the most expensive by far. The fascinating note to contemplate: a year and a half ago, the valuation story was completely reversed, with GME the cheapest of the group, hands down no argument, on every single fundamental comparison. Smart investors/traders look for deep value to buy, while selling out after price has risen above fair value, like today.</p><p><blockquote>同样,就市净率而言,游戏驿站是迄今为止最昂贵的。值得注意的是:一年半前,估值故事完全颠倒了,GME 是该集团中最便宜的,毫无疑问,在每一个基本面比较中都是无可争议的。聪明的投资者/交易者寻找深度价值来买入,而在价格上涨到公允价值以上后卖出,就像今天一样。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/77464405fcdb05f40d732c7885818f53\" tg-width=\"635\" tg-height=\"501\" width=\"100%\" height=\"auto\"></p><p><blockquote></blockquote></p><p> <b>Short Squeeze Fuel Exhausted</b></p><p><blockquote><b>短挤压燃料耗尽</b></blockquote></p><p> The bad news for short-term investors is the “tackling fuel” for the monster climb in January is gone. The short position is relatively normal today against other U.S. stocks, as opposed to its uniquely outsized setup going into 2021. If you are hoping for a move to $300 or even higher soon, the mathematical odds say that’s a longshot to happen.</p><p><blockquote>对短期投资者来说,坏消息是 1 月份大涨的 “解决燃料 ”已经消失。与 2021 年独特的超额仓位相比,目前与其他美国股票相比,空头头寸相对正常。如果你希望很快涨到 300 美元甚至更高,从数学角度来看,这不太可能实现。</blockquote></p><p> The stats today are 8.9% of outstanding shares have been shorted, and all shorts could be covered over 2.7 days of typical trading volume. These numbers are a far cry from December’s 110% of total shares outstanding or February 2020’s days to cover of 24x.</p><p><blockquote>今天的统计数据显示,8.9% 的流通股已被做空,所有空头都可以在 2.7 天的典型交易量内回补。这些数字与 12 月份流通股总数的 110% 或 2020 年 2 月份流通股总数的 24 倍相去甚远。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/85e6a58aec26f6248ade64ad6835ea59\" tg-width=\"635\" tg-height=\"433\" width=\"100%\" height=\"auto\"></p><p><blockquote></blockquote></p><p> In fact, against the gaming peer group, GameStop’s short position stands at a decade low, and is more typical of the group’s short interest of five years ago. This idea is graphed below.</p><p><blockquote>事实上,与博彩同行集团相比,游戏驿站的空头头寸处于十年来的最低点,更典型的是该集团五年前的空头利息。这个想法如下图所示。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/8cd8b01e08fdc69d2d27e3dfb2ffafad\" tg-width=\"635\" tg-height=\"501\" width=\"100%\" height=\"auto\"></p><p><blockquote></blockquote></p><p> <b>Technical Chart Pattern</b></p><p><blockquote><b>技术图表模式</b></blockquote></p><p> While the chart pattern was basing with positive underlying momentum at $5 a share 18 months ago, today the technical picture is weak during a more volatile zig-zag pattern. Price is doing its best to remain above the important 200-day moving average around $183 currently, and the blip higher in November is a short-term positive. However, my favorite momentum indicators are either bearish or neutral on the stock. The <i>Accumulation/Distribution Line</i> and <i>Negative Volume Index</i> are amazingly weak for a stock not in price decline, while <i>On Balance Volume</i> has done nothing positive since March. It appears trading activity has been a standoff between small aggressive retail buyers and regular selling by hedge funds and institutions. Who will break the tie?</p><p><blockquote>虽然 18 个月前的图表模式是基于每股 5 美元的积极潜在势头,但如今技术面在波动较大的之字形模式中表现疲软。目前,价格正在尽最大努力保持在 183 美元左右的重要 200 天移动平均线之上,11 月份的短暂走高是一个短期利好。然而,我最喜欢的动量指标对该股要么看跌,要么中性。这个<i>累积/分配线路</i>和<i>负容积指数</i>对于一只价格没有下跌的股票来说,它们的表现令人惊讶地疲软,而<i>平衡体积</i>自三月份以来没有做任何积极的事情。交易活动似乎一直是激进的小型散户买家与对冲基金和机构的定期抛售之间的对峙。谁会打破平局?</blockquote></p><p> <img src=\"https://static.tigerbbs.com/e3e66ff9663d595f8dd991a65341d490\" tg-width=\"700\" tg-height=\"639\" width=\"100%\" height=\"auto\"><img src=\"https://static.tigerbbs.com/cad7208af551c11c842e4a5daf682182\" tg-width=\"700\" tg-height=\"639\" width=\"100%\" height=\"auto\"></p><p><blockquote></blockquote></p><p> <b>Final Thoughts</b></p><p><blockquote><b>最后的想法</b></blockquote></p><p> Would I short GameStop around $200 a share? I am not currently contemplating such a trade, because it is “the” posterchild of the meme craze. Plus, I can see a resurgence in Covid-19 spread over the winter causing some money to flow into stay-at-home entertainment names, like those in the gaming industry. However, a price break below $183 (the 200-day moving average) could mean a serious sell-off from its overvaluation plateau may be starting.</p><p><blockquote>我会以每股 200 美元左右的价格做空游戏驿站吗?我目前没有考虑这样的交易,因为它是 meme 热潮的 “典型 ”。此外,我可以看到 Covid-19 在整个冬季的复苏,导致一些资金流入家庭娱乐公司,例如游戏行业的公司。然而,价格跌破 183 美元(200 天移动平均线)可能意味着高估平台可能会开始严重抛售。</blockquote></p><p> I come up with possible upside of $250 a share in 12 months, to a worst-case scenario well under $100 per share. I rate the shares a<i>Neutral</i>to<i>Avoid</i>selection for rational investors. There are hundreds of other stocks with better risk/reward setups than GameStop. And, I write about the strongest buy propositions I can find on Wall Street in my articles. All told, I would prefer to own any of the five peer companies mentioned in this article over GameStop for buy-and-hold portfolio designs. I specifically suggested Walmart several weeks ago here as a defensive blue-chip buy candidate.</p><p><blockquote>我认为 12 个月内每股可能上涨 250 美元,最坏情况下每股远低于 100 美元。我将股票评级为 a<i>中立的</i>二<i>避免</i>理性投资者的选择。还有数百只其他股票的风险/回报设置比游戏驿站更好。而且,我在文章中写到了我能在华尔街找到的最强烈的买入建议。总而言之,对于买入并持有投资组合设计,我更愿意拥有本文中提到的五家同行公司中的任何一家,而不是游戏驿站。几周前,我在这里特别建议沃尔玛作为防御性蓝筹股买入候选者。</blockquote></p><p> If you hold shares, I absolutely think it prudent to lighten up your position in case a major bear market hits the U.S. equity market into 2022. Under such a scenario, newbie and weaker-hand owners of the stock could sell en masse, just like they bought during January. If business sales trends fail to meet expectations in a recession next year, valuations may not support the stock until $100 or even $50 a share is reached. At least, that’s how past recessions and stock market busts have affected leading mania picks, opposite of the straight up ride during the boom.</p><p><blockquote>如果你持有股票,我绝对认为明智的做法是减仓,以防美国股市在 2022 年遭遇重大熊市。在这种情况下,新手和实力较弱的股票所有者可能会集体抛售,就像他们在一月份买入一样。如果明年经济衰退期间企业销售趋势未能达到预期,那么在达到每股 100 美元甚至 50 美元之前,估值可能无法支撑该股。至少,过去的经济衰退和股市崩盘是如何影响领先的狂热精选的,而不是繁荣时期的直线上升。</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>If The Meme Stock Craze Is Ending, GameStop Isn't Worth Much<blockquote>如果模因股票热潮结束,游戏驿站就不值钱了</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nIf The Meme Stock Craze Is Ending, GameStop Isn't Worth Much<blockquote>如果模因股票热潮结束,游戏驿站就不值钱了</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Seeking Alpha</strong><span class=\"h-time small\">2021-11-29 16:06</span>\n</p>\n</h4>\n</header>\n<article>\n<p><b>Summary</b></p><p><blockquote><b>总结</b></blockquote></p><p> <ul> <li>The meme trading craze looks to have ended, threatening GameStop's share supply/demand balance.</li> <li>Valuations have overshot any rational financial analysis or backing by the underlying business.</li> <li>GameStop's short squeeze fuel no longer exists.</li> <li>Potential downside appears to be far greater than upside for 2022.</li> </ul> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/9c504bf771310b22472840a7831500c8\" tg-width=\"1536\" tg-height=\"1096\" width=\"100%\" height=\"auto\"><span>Ethan Miller/Getty Images News</span></p><p><blockquote><ul><li>迷因交易热潮似乎已经结束,威胁到 GameStop 的股票供需平衡。</li><li>估值超过了任何理性的财务分析或基础业务的支持。</li><li>GameStop 的空头挤压燃料已不复存在。</li><li>2022 年的潜在下行空间似乎远远大于上行空间。</li></ul><p class=\"t-img-caption\"><span>伊桑·米勒/盖蒂图片社新闻</span></p></blockquote></p><p> I have written a number of articles on GameStop(NYSE:GME) over the years, mostly bullish and one bearish take on the stock. My last article in November 2020 explained a short-term oversold condition around $20 a share. Luckily, I made a little profit on that position, and escaped before the once-in-a-lifetime short squeeze completely took hold. With the help of incredible buying volumes by small retail investors following website recommendations (the meme craze of early 2021), GameStop rose from $18 on the first trading day of January to $483 by the end of that month! That’s the kind of superb percentage Big Tech gain witnessed over a decade or two, not a few trading weeks. Literally, fortunes were made and lost in GameStop during 2020-21 (depending on your side of the trade).</p><p><blockquote>多年来,我写了很多关于游戏驿站(纽约证券交易所股票代码:GME)的文章,大部分是看涨的,还有一篇是看跌的。我在 2020 年 11 月发表的上一篇文章解释了每股 20 美元左右的短期超卖情况。幸运的是,我在那个仓位上获得了一点利润,并在千载难逢的逼空行情完全上演之前逃脱了。在小型散户投资者遵循网站推荐的惊人购买量的帮助下(2021年初的迷因热潮),游戏驿站从1月第一个交易日的18美元上涨到当月底的483美元!这就是大型科技公司在过去一二十年里(而不是几个交易周)所见证的极高百分比涨幅。从字面上看,在2020-21年期间,游戏驿站有赚有赔(取决于你的交易立场)。</blockquote></p><p> Anyway, the stock has flatlined or declined in price ever since this momentous short squeeze forced a number of hedge funds to cover (purchase) the stock at horrific loss levels. A good ten months later, investors in the stock need to ask themselves: what is the underlying business really worth, if the 2021 stock market bubble is starting to burst? My answer is the downside could be enormous, and all shareholders should seriously consider taking some money (especially large profits) off the table.</p><p><blockquote>无论如何,自从这次大规模的空头挤压迫使许多对冲基金以可怕的损失水平买入该股以来,该股的价格已经持平或下跌。十个月后,该股票的投资者需要问自己:如果 2021 年股市泡沫开始破裂,基础业务的真正价值是多少?我的回答是,负面影响可能是巨大的,所有股东都应该认真考虑从桌面上拿走一些钱(尤其是巨额利润)。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/7270f7dee1050f5c9aa24ab14c85d892\" tg-width=\"964\" tg-height=\"589\" width=\"100%\" height=\"auto\"><span>Image Source: Company Website November 26th, 2021</span></p><p><blockquote><p class=\"t-img-caption\"><span>图片来源:公司网站2021年11月26日</span></p></blockquote></p><p> <b>Weak Consensus Outlook</b></p><p><blockquote><b>共识前景疲弱</b></blockquote></p><p> Wall Street analysts following actual business trends are not very optimistic on GameStop’s immediate future. Below are their forecasts for fiscal 2022 (the current year) and 2023. Sales are not projected to grow by leaps and bounds to justify the price surge from a year ago, and the company is struggling to report an operating profit as currently configured.</p><p><blockquote>关注实际商业趋势的华尔街分析师对游戏驿站的近期前景并不十分乐观。以下是他们对 2022 财年(本年度)和 2023 财年的预测。预计销售额不会出现突飞猛进的增长来证明一年前价格飙升的合理性,而且该公司正在努力报告目前配置的营业利润。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/663ae1c457ad76bab8cfc99cd71c7fa7\" tg-width=\"640\" tg-height=\"237\" width=\"100%\" height=\"auto\"><span>Source: Seeking Alpha</span></p><p><blockquote><p class=\"t-img-caption\"><span>来源:Seeking Alpha</span></p></blockquote></p><p> Again, Seeking Alpha’s grades of the stock setup and computerized quant scoring of earnings and equity trading momentum leave a lot to be desired in late 2021. If you are looking for strong value or high growth rates, GameStop fails miserably as a buy idea.</p><p><blockquote>同样,在 2021 年底,Seeking Alpha 对股票设置的评分以及对盈利和股票交易势头的计算机化量化评分仍有很多不足之处。如果你正在寻找强劲的价值或高增长率,游戏驿站作为一个买入想法会惨败。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/c3728f92df6c28084beba26a290e9012\" tg-width=\"323\" tg-height=\"225\" width=\"100%\" height=\"auto\"><span>Source: Seeking Alpha</span></p><p><blockquote><p class=\"t-img-caption\"><span>来源:Seeking Alpha</span></p></blockquote></p><p> <b>Clear Overvaluation</b></p><p><blockquote><b>明显高估</b></blockquote></p><p> Sure, the gaming industry is growing, and the enterprise has a retail niche to play for consumers, but does the valuation of the stock match reality? My answer is a resounding NO. While the $5 price of 18-24 months ago was extremely undervalued (I said so in previous articles), today’s $200 price is the polar opposite for overvaluation. I come up with a long-term underlying worth closer to $50 for GameStop. Below are some stats to explain why.</p><p><blockquote>当然,游戏行业正在发展,该企业有一个为消费者提供的零售利基市场,但股票的估值与现实相符吗?我的回答是响亮的不。18-24 个月前 5 美元的价格被严重低估(我在之前的文章中说过),而今天 200 美元的价格则与高估截然相反。我为游戏驿站想出了一个价值接近 50 美元的长期基础资产。下面是一些统计数据来解释原因。</blockquote></p><p> The company does not earn a profit today, the primary goal of any business operation. Compared to other national third-party gaming retailers Best Buy(NYSE:BBY) or Walmart(NYSE:WMT), GameStop is uniquely unprofitable as a competitor. And, if you can choose where to put your investment capital, why not pick a higher profit margin game developer like Electronic Arts(NASDAQ:EA), Activision Blizzard(NASDAQ:ATVI) or Take-Two(NASDAQ:TTWO)?</p><p><blockquote>公司今天不赚取利润,这是任何企业运营的首要目标。与其他全国性第三方游戏零售商百思买(纽约证券交易所股票代码:BBY)或沃尔玛(纽约证券交易所股票代码:WMT)相比,游戏驿站作为竞争对手是独一无二的无利可图的。而且,如果您可以选择将投资资本放在哪里,为什么不选择利润率更高的游戏开发商,例如艺电(纳斯达克股票代码:EA)、动视暴雪(纳斯达克股票代码:ATVI)或 Take-Two(纳斯达克股票代码:TTWO)呢?</blockquote></p><p> <img src=\"https://static.tigerbbs.com/8b62c51578b951efbc8aa5cbb59ae2e5\" tg-width=\"635\" tg-height=\"501\" width=\"100%\" height=\"auto\"></p><p><blockquote></blockquote></p><p> Let’s review a decade of trading history revolving around the equity’s price to trailing sales, cash flow, and book value. On these underlying fundamental metrics, GameStop is currently valued at 3x to 5x its 10-year average setup!</p><p><blockquote>让我们回顾一下十年来的交易历史,从股票价格到过往销售额、现金流和账面价值。根据这些基本面指标,游戏驿站目前的估值是其 10 年平均设置的 3 倍到 5 倍!</blockquote></p><p> <img src=\"https://static.tigerbbs.com/45f0a321962bf675844ffb971880d302\" tg-width=\"635\" tg-height=\"450\" width=\"100%\" height=\"auto\"></p><p><blockquote></blockquote></p><p> Versus the peer group, GameStop is in nosebleed territory vs. profitable retailers on price to sales, and is approaching the high valuation multiples of the super-profitable game development businesses.</p><p><blockquote>与同行群体相比,游戏驿站在性价比方面与盈利的零售商相比处于领先地位,并且正在接近超级利润的游戏开发业务的高估值倍数。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/af8b9dbeed0649d2a1945c7736e85d09\" tg-width=\"635\" tg-height=\"501\" width=\"100%\" height=\"auto\"></p><p><blockquote></blockquote></p><p></p><p> On price to cash flow, $200 a share fails miserably for a fair valuation. It is double the ratio of gamers and 4x the ratio of retailers. Keep in mind all of the group actually churns out income for owners, while GameStop does not.</p><p><blockquote>从价格与现金流的比率来看,每股 200 美元的估值非常不公平。这是游戏玩家比例的两倍,零售商比例的4倍。请记住,整个集团实际上为所有者创造收入,而游戏驿站没有。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/31b5d358ce5fdf9e494a186731438120\" tg-width=\"635\" tg-height=\"501\" width=\"100%\" height=\"auto\"></p><p><blockquote></blockquote></p><p> Again, on price to book value, GameStop is the most expensive by far. The fascinating note to contemplate: a year and a half ago, the valuation story was completely reversed, with GME the cheapest of the group, hands down no argument, on every single fundamental comparison. Smart investors/traders look for deep value to buy, while selling out after price has risen above fair value, like today.</p><p><blockquote>同样,就市净率而言,游戏驿站是迄今为止最昂贵的。值得注意的是:一年半前,估值故事完全颠倒了,GME 是该集团中最便宜的,毫无疑问,在每一个基本面比较中都是无可争议的。聪明的投资者/交易者寻找深度价值来买入,而在价格上涨到公允价值以上后卖出,就像今天一样。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/77464405fcdb05f40d732c7885818f53\" tg-width=\"635\" tg-height=\"501\" width=\"100%\" height=\"auto\"></p><p><blockquote></blockquote></p><p> <b>Short Squeeze Fuel Exhausted</b></p><p><blockquote><b>短挤压燃料耗尽</b></blockquote></p><p> The bad news for short-term investors is the “tackling fuel” for the monster climb in January is gone. The short position is relatively normal today against other U.S. stocks, as opposed to its uniquely outsized setup going into 2021. If you are hoping for a move to $300 or even higher soon, the mathematical odds say that’s a longshot to happen.</p><p><blockquote>对短期投资者来说,坏消息是 1 月份大涨的 “解决燃料 ”已经消失。与 2021 年独特的超额仓位相比,目前与其他美国股票相比,空头头寸相对正常。如果你希望很快涨到 300 美元甚至更高,从数学角度来看,这不太可能实现。</blockquote></p><p> The stats today are 8.9% of outstanding shares have been shorted, and all shorts could be covered over 2.7 days of typical trading volume. These numbers are a far cry from December’s 110% of total shares outstanding or February 2020’s days to cover of 24x.</p><p><blockquote>今天的统计数据显示,8.9% 的流通股已被做空,所有空头都可以在 2.7 天的典型交易量内回补。这些数字与 12 月份流通股总数的 110% 或 2020 年 2 月份流通股总数的 24 倍相去甚远。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/85e6a58aec26f6248ade64ad6835ea59\" tg-width=\"635\" tg-height=\"433\" width=\"100%\" height=\"auto\"></p><p><blockquote></blockquote></p><p> In fact, against the gaming peer group, GameStop’s short position stands at a decade low, and is more typical of the group’s short interest of five years ago. This idea is graphed below.</p><p><blockquote>事实上,与博彩同行集团相比,游戏驿站的空头头寸处于十年来的最低点,更典型的是该集团五年前的空头利息。这个想法如下图所示。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/8cd8b01e08fdc69d2d27e3dfb2ffafad\" tg-width=\"635\" tg-height=\"501\" width=\"100%\" height=\"auto\"></p><p><blockquote></blockquote></p><p> <b>Technical Chart Pattern</b></p><p><blockquote><b>技术图表模式</b></blockquote></p><p> While the chart pattern was basing with positive underlying momentum at $5 a share 18 months ago, today the technical picture is weak during a more volatile zig-zag pattern. Price is doing its best to remain above the important 200-day moving average around $183 currently, and the blip higher in November is a short-term positive. However, my favorite momentum indicators are either bearish or neutral on the stock. The <i>Accumulation/Distribution Line</i> and <i>Negative Volume Index</i> are amazingly weak for a stock not in price decline, while <i>On Balance Volume</i> has done nothing positive since March. It appears trading activity has been a standoff between small aggressive retail buyers and regular selling by hedge funds and institutions. Who will break the tie?</p><p><blockquote>虽然 18 个月前的图表模式是基于每股 5 美元的积极潜在势头,但如今技术面在波动较大的之字形模式中表现疲软。目前,价格正在尽最大努力保持在 183 美元左右的重要 200 天移动平均线之上,11 月份的短暂走高是一个短期利好。然而,我最喜欢的动量指标对该股要么看跌,要么中性。这个<i>累积/分配线路</i>和<i>负容积指数</i>对于一只价格没有下跌的股票来说,它们的表现令人惊讶地疲软,而<i>平衡体积</i>自三月份以来没有做任何积极的事情。交易活动似乎一直是激进的小型散户买家与对冲基金和机构的定期抛售之间的对峙。谁会打破平局?</blockquote></p><p> <img src=\"https://static.tigerbbs.com/e3e66ff9663d595f8dd991a65341d490\" tg-width=\"700\" tg-height=\"639\" width=\"100%\" height=\"auto\"><img src=\"https://static.tigerbbs.com/cad7208af551c11c842e4a5daf682182\" tg-width=\"700\" tg-height=\"639\" width=\"100%\" height=\"auto\"></p><p><blockquote></blockquote></p><p> <b>Final Thoughts</b></p><p><blockquote><b>最后的想法</b></blockquote></p><p> Would I short GameStop around $200 a share? I am not currently contemplating such a trade, because it is “the” posterchild of the meme craze. Plus, I can see a resurgence in Covid-19 spread over the winter causing some money to flow into stay-at-home entertainment names, like those in the gaming industry. However, a price break below $183 (the 200-day moving average) could mean a serious sell-off from its overvaluation plateau may be starting.</p><p><blockquote>我会以每股 200 美元左右的价格做空游戏驿站吗?我目前没有考虑这样的交易,因为它是 meme 热潮的 “典型 ”。此外,我可以看到 Covid-19 在整个冬季的复苏,导致一些资金流入家庭娱乐公司,例如游戏行业的公司。然而,价格跌破 183 美元(200 天移动平均线)可能意味着高估平台可能会开始严重抛售。</blockquote></p><p> I come up with possible upside of $250 a share in 12 months, to a worst-case scenario well under $100 per share. I rate the shares a<i>Neutral</i>to<i>Avoid</i>selection for rational investors. There are hundreds of other stocks with better risk/reward setups than GameStop. And, I write about the strongest buy propositions I can find on Wall Street in my articles. All told, I would prefer to own any of the five peer companies mentioned in this article over GameStop for buy-and-hold portfolio designs. I specifically suggested Walmart several weeks ago here as a defensive blue-chip buy candidate.</p><p><blockquote>我认为 12 个月内每股可能上涨 250 美元,最坏情况下每股远低于 100 美元。我将股票评级为 a<i>中立的</i>二<i>避免</i>理性投资者的选择。还有数百只其他股票的风险/回报设置比游戏驿站更好。而且,我在文章中写到了我能在华尔街找到的最强烈的买入建议。总而言之,对于买入并持有投资组合设计,我更愿意拥有本文中提到的五家同行公司中的任何一家,而不是游戏驿站。几周前,我在这里特别建议沃尔玛作为防御性蓝筹股买入候选者。</blockquote></p><p> If you hold shares, I absolutely think it prudent to lighten up your position in case a major bear market hits the U.S. equity market into 2022. Under such a scenario, newbie and weaker-hand owners of the stock could sell en masse, just like they bought during January. If business sales trends fail to meet expectations in a recession next year, valuations may not support the stock until $100 or even $50 a share is reached. At least, that’s how past recessions and stock market busts have affected leading mania picks, opposite of the straight up ride during the boom.</p><p><blockquote>如果你持有股票,我绝对认为明智的做法是减仓,以防美国股市在 2022 年遭遇重大熊市。在这种情况下,新手和实力较弱的股票所有者可能会集体抛售,就像他们在一月份买入一样。如果明年经济衰退期间企业销售趋势未能达到预期,那么在达到每股 100 美元甚至 50 美元之前,估值可能无法支撑该股。至少,过去的经济衰退和股市崩盘是如何影响领先的狂热精选的,而不是繁荣时期的直线上升。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源:<a href=\"https://seekingalpha.com/article/4472163-meme-stock-craze-ending-gamestop-worth\">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":{"GME":"游戏驿站"},"source_url":"https://seekingalpha.com/article/4472163-meme-stock-craze-ending-gamestop-worth","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1137228068","content_text":"Summary\n\nThe meme trading craze looks to have ended, threatening GameStop's share supply/demand balance.\nValuations have overshot any rational financial analysis or backing by the underlying business.\nGameStop's short squeeze fuel no longer exists.\nPotential downside appears to be far greater than upside for 2022.\n\nEthan Miller/Getty Images News\nI have written a number of articles on GameStop(NYSE:GME) over the years, mostly bullish and one bearish take on the stock. My last article in November 2020 explained a short-term oversold condition around $20 a share. Luckily, I made a little profit on that position, and escaped before the once-in-a-lifetime short squeeze completely took hold. With the help of incredible buying volumes by small retail investors following website recommendations (the meme craze of early 2021), GameStop rose from $18 on the first trading day of January to $483 by the end of that month! That’s the kind of superb percentage Big Tech gain witnessed over a decade or two, not a few trading weeks. Literally, fortunes were made and lost in GameStop during 2020-21 (depending on your side of the trade).\nAnyway, the stock has flatlined or declined in price ever since this momentous short squeeze forced a number of hedge funds to cover (purchase) the stock at horrific loss levels. A good ten months later, investors in the stock need to ask themselves: what is the underlying business really worth, if the 2021 stock market bubble is starting to burst? My answer is the downside could be enormous, and all shareholders should seriously consider taking some money (especially large profits) off the table.\nImage Source: Company Website November 26th, 2021\nWeak Consensus Outlook\nWall Street analysts following actual business trends are not very optimistic on GameStop’s immediate future. Below are their forecasts for fiscal 2022 (the current year) and 2023. Sales are not projected to grow by leaps and bounds to justify the price surge from a year ago, and the company is struggling to report an operating profit as currently configured.\nSource: Seeking Alpha\nAgain, Seeking Alpha’s grades of the stock setup and computerized quant scoring of earnings and equity trading momentum leave a lot to be desired in late 2021. If you are looking for strong value or high growth rates, GameStop fails miserably as a buy idea.\nSource: Seeking Alpha\nClear Overvaluation\nSure, the gaming industry is growing, and the enterprise has a retail niche to play for consumers, but does the valuation of the stock match reality? My answer is a resounding NO. While the $5 price of 18-24 months ago was extremely undervalued (I said so in previous articles), today’s $200 price is the polar opposite for overvaluation. I come up with a long-term underlying worth closer to $50 for GameStop. Below are some stats to explain why.\nThe company does not earn a profit today, the primary goal of any business operation. Compared to other national third-party gaming retailers Best Buy(NYSE:BBY) or Walmart(NYSE:WMT), GameStop is uniquely unprofitable as a competitor. And, if you can choose where to put your investment capital, why not pick a higher profit margin game developer like Electronic Arts(NASDAQ:EA), Activision Blizzard(NASDAQ:ATVI) or Take-Two(NASDAQ:TTWO)?\n\nLet’s review a decade of trading history revolving around the equity’s price to trailing sales, cash flow, and book value. On these underlying fundamental metrics, GameStop is currently valued at 3x to 5x its 10-year average setup!\n\nVersus the peer group, GameStop is in nosebleed territory vs. profitable retailers on price to sales, and is approaching the high valuation multiples of the super-profitable game development businesses.\n\nOn price to cash flow, $200 a share fails miserably for a fair valuation. It is double the ratio of gamers and 4x the ratio of retailers. Keep in mind all of the group actually churns out income for owners, while GameStop does not.\n\nAgain, on price to book value, GameStop is the most expensive by far. The fascinating note to contemplate: a year and a half ago, the valuation story was completely reversed, with GME the cheapest of the group, hands down no argument, on every single fundamental comparison. Smart investors/traders look for deep value to buy, while selling out after price has risen above fair value, like today.\n\nShort Squeeze Fuel Exhausted\nThe bad news for short-term investors is the “tackling fuel” for the monster climb in January is gone. The short position is relatively normal today against other U.S. stocks, as opposed to its uniquely outsized setup going into 2021. If you are hoping for a move to $300 or even higher soon, the mathematical odds say that’s a longshot to happen.\nThe stats today are 8.9% of outstanding shares have been shorted, and all shorts could be covered over 2.7 days of typical trading volume. These numbers are a far cry from December’s 110% of total shares outstanding or February 2020’s days to cover of 24x.\n\nIn fact, against the gaming peer group, GameStop’s short position stands at a decade low, and is more typical of the group’s short interest of five years ago. This idea is graphed below.\n\nTechnical Chart Pattern\nWhile the chart pattern was basing with positive underlying momentum at $5 a share 18 months ago, today the technical picture is weak during a more volatile zig-zag pattern. Price is doing its best to remain above the important 200-day moving average around $183 currently, and the blip higher in November is a short-term positive. However, my favorite momentum indicators are either bearish or neutral on the stock. The Accumulation/Distribution Line and Negative Volume Index are amazingly weak for a stock not in price decline, while On Balance Volume has done nothing positive since March. It appears trading activity has been a standoff between small aggressive retail buyers and regular selling by hedge funds and institutions. Who will break the tie?\n\nFinal Thoughts\nWould I short GameStop around $200 a share? I am not currently contemplating such a trade, because it is “the” posterchild of the meme craze. Plus, I can see a resurgence in Covid-19 spread over the winter causing some money to flow into stay-at-home entertainment names, like those in the gaming industry. However, a price break below $183 (the 200-day moving average) could mean a serious sell-off from its overvaluation plateau may be starting.\nI come up with possible upside of $250 a share in 12 months, to a worst-case scenario well under $100 per share. I rate the shares aNeutraltoAvoidselection for rational investors. There are hundreds of other stocks with better risk/reward setups than GameStop. And, I write about the strongest buy propositions I can find on Wall Street in my articles. All told, I would prefer to own any of the five peer companies mentioned in this article over GameStop for buy-and-hold portfolio designs. I specifically suggested Walmart several weeks ago here as a defensive blue-chip buy candidate.\nIf you hold shares, I absolutely think it prudent to lighten up your position in case a major bear market hits the U.S. equity market into 2022. Under such a scenario, newbie and weaker-hand owners of the stock could sell en masse, just like they bought during January. If business sales trends fail to meet expectations in a recession next year, valuations may not support the stock until $100 or even $50 a share is reached. At least, that’s how past recessions and stock market busts have affected leading mania picks, opposite of the straight up ride during the boom.","news_type":1,"symbols_score_info":{"GME":0.9}},"isVote":1,"tweetType":1,"viewCount":876,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":845374070,"gmtCreate":1636294572102,"gmtModify":1636294572301,"author":{"id":"3586473514667147","authorId":"3586473514667147","name":"gky","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3586473514667147","authorIdStr":"3586473514667147"},"themes":[],"title":"","htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/845374070","repostId":"2181374735","repostType":4,"isVote":1,"tweetType":1,"viewCount":610,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":855952270,"gmtCreate":1635328315160,"gmtModify":1635328315240,"author":{"id":"3586473514667147","authorId":"3586473514667147","name":"gky","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3586473514667147","authorIdStr":"3586473514667147"},"themes":[],"title":"","htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/855952270","repostId":"1122016779","repostType":4,"isVote":1,"tweetType":1,"viewCount":895,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":829286215,"gmtCreate":1633514632229,"gmtModify":1633514632443,"author":{"id":"3586473514667147","authorId":"3586473514667147","name":"gky","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3586473514667147","authorIdStr":"3586473514667147"},"themes":[],"title":"","htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/829286215","repostId":"1120368090","repostType":4,"isVote":1,"tweetType":1,"viewCount":567,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":897523630,"gmtCreate":1628945731820,"gmtModify":1633688359213,"author":{"id":"3586473514667147","authorId":"3586473514667147","name":"gky","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3586473514667147","authorIdStr":"3586473514667147"},"themes":[],"title":"","htmlText":"Good","listText":"Good","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/897523630","repostId":"2159521376","repostType":4,"repost":{"id":"2159521376","kind":"highlight","pubTimestamp":1628906786,"share":"https://www.laohunote.com/m/news/2159521376?lang=zh_CN&edition=full","pubTime":"2021-08-14 10:06","market":"us","language":"en","title":"Chasing Tesla: Here are the current electric vehicle plans of every major car maker<blockquote>追逐特斯拉:以下是各大汽车制造商当前的电动汽车计划</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=2159521376","media":"MarketWatch","summary":"At President Joe Biden's urging, the auto industry pledged to boost production of electric vehicles ","content":"<p>At President Joe Biden's urging, the auto industry pledged to boost production of electric vehicles to the point that they account for about half of total U.S. sales by 2030, a plan that raises hopes that EVs can shift from niche to normal.</p><p><blockquote>在乔·拜登总统的敦促下,汽车行业承诺到 2030 年将电动汽车产量提高到占美国总销量的一半左右,这一计划让人们对电动汽车能够从小众市场转向普通市场产生了希望。</blockquote></p><p> EVs accounted for 2.4% of U.S. cars sold in 2020, up from 0.7% five years ago, according to BloombergNEF. The research provider expects that share to increase to 11% in 2025; by 2030, it expects that slightly over a third of vehicles sold in the U.S. will be electric.</p><p><blockquote>根据彭博新能源财经的数据,2020 年电动汽车占美国汽车销量的 2.4%,高于五年前的 0.7%。该研究提供商预计,到 2025 年,这一份额将增至 11%;预计到 2030 年,美国销售的汽车中略多于三分之一将是电动汽车。</blockquote></p><p> Several auto makers had already announced bigger EV ambitions even before the White House call.</p><p><blockquote>甚至在白宫看涨期权之前,几家汽车制造商就已经宣布了更大的电动汽车雄心。</blockquote></p><p> Here are each major car maker's stated plans for EVs, including, when available, investment amounts and the range of models they hope to bring to market.</p><p><blockquote>以下是每家主要汽车制造商对电动汽车的既定计划,包括(如果有的话)投资额和他们希望推向市场的车型范围。</blockquote></p><p> This information was collated from company sites, previous reports, and BloombergNEF projections, and will be updated regularly.</p><p><blockquote>这些信息是从公司网站、以前的报告和彭博新能源财经的预测中整理的,并将定期更新。</blockquote></p><p> <b>Audi</b></p><p><blockquote><b>奥迪</b></blockquote></p><p> Audi, a brand known for its luxury cars and owned by Germany's Volkswagen AG , has promised to have battery-electric vehicles comprise 35% of its sales by 2025. By that time, Audi buyers will choose from about 20 EV models.</p><p><blockquote>德国大众汽车公司旗下以豪华汽车品牌闻名的奥迪承诺,到 2025 年,纯电动汽车将占其销量的 35%。届时,奥迪买家将从大约 20 款电动汽车车型中进行选择。</blockquote></p><p> <b>BMW</b></p><p><blockquote><b>宝马</b></blockquote></p><p> BMW AG , a luxury-car maker from Germany, was among the first EV innovators. It launched its i3 compact EV eight years ago, then as $one of the few serious competitors to Tesla Inc.'s vehicles.</p><p><blockquote>德国豪华汽车制造商宝马股份公司是首批电动汽车创新者之一。该公司八年前推出了 i3 紧凑型电动汽车,当时是特斯拉汽车为数不多的有力竞争对手之一。</blockquote></p><p> BMW's EV pipeline has slowed, but the auto maker has promised that 25% of its European sales will be all-electric and hybrid vehicles this year, and that all sales of its Mini brand will be battery electric by 2030. It expects to launch more than 10 battery EVs models in the next couple of years.</p><p><blockquote>宝马的电动汽车产品线已经放缓,但这家汽车制造商承诺,今年其欧洲销量的 25% 将是全电动和混合动力汽车,到 2030 年,其 Mini 品牌的所有销量都将是纯电动的。预计未来几年将推出 10 多款电池电动汽车车型。</blockquote></p><p> <b>Daimler/Mercedes-Benz</b></p><p><blockquote><b>戴姆勒/梅赛德斯-奔驰</b></blockquote></p><p> Mercedes-Benz, owned by Daimler AG , expects that between 15% and 25% of its sales will be comprised of EV sales by 2025; by 2030, that percentage is expected to grow to 50%. Mercedes-Benz is slated to end 2021 offering three new electric passenger car models and more to come in 2022.</p><p><blockquote>戴姆勒股份公司旗下的梅赛德斯-奔驰预计,到 2025 年,电动汽车销量将占其销量的 15% 至 25%;到2030年,这一比例预计将增长到50%。梅赛德斯-奔驰计划在 2021 年底推出三款新型电动乘用车车型,并在 2022 年推出更多车型。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/ec4b2abd59e5b19c9eec0034342af25e\" tg-width=\"700\" tg-height=\"413\" width=\"100%\" height=\"auto\"><span>SOURCE: MERCEDES</span></p><p><blockquote><p class=\"t-img-caption\"><span>来源:梅赛德斯</span></p></blockquote></p><p> <b>Ford</b></p><p><blockquote><b>福特</b></blockquote></p><p> Ford Motor Co. <a href=\"https://laohu8.com/S/F\">$(F)$</a> has said that 40% of its global sales by 2030 will be sales of EVs . Ford is aiming to have dozens of electrified models by 2022, the year that will also mark the debut of its much-awaited all-electric F-150 Lightning pickup truck.</p><p><blockquote>福特汽车公司。<a href=\"https://laohu8.com/S/F\">$(F) $</a>该公司表示,到 2030 年,其全球销量的 40% 将是电动汽车销售。福特的目标是到 2022 年推出数十款电动车型,这一年也将标志着其期待已久的全电动 F-150 Lightning 皮卡的首次亮相。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/3a44fec36dac046911679a2ba769cb2b\" tg-width=\"700\" tg-height=\"450\" width=\"100%\" height=\"auto\"><span>The Ford F-150 Lightning o JEFF KOWALSKY/AGENCE FRANCE-PRESSE/GETTY IMAGES</span></p><p><blockquote><p class=\"t-img-caption\"><span>杰夫·科瓦尔斯基的福特 F-150 Lightning/法新社/盖蒂图片社</span></p></blockquote></p><p> Ford has called the Lightning the \"pillar\" of its more than $22 billion bet on EVs, which includes EV models for other best-selling vehicles such as the Mustang and its Transit van.</p><p><blockquote>福特称 Lightning 是其超过 220 亿美元电动汽车押注的“支柱”,其中包括野马及其 Transit van 等其他畅销车辆的电动汽车车型。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/87df52ddef1af1d1342d685897e83652\" tg-width=\"700\" tg-height=\"392\" width=\"100%\" height=\"auto\"><span>SOURCE: FORD</span></p><p><blockquote><p class=\"t-img-caption\"><span>资料来源:福特</span></p></blockquote></p><p> <b>GM</b></p><p><blockquote><b>通用汽车</b></blockquote></p><p> General Motors Co. <a href=\"https://laohu8.com/S/GM\">$(GM)$</a> surprised Wall Street in January by saying it aims to phase out all of its internal combustion engine vehicles by 2035 and only sell zero-emission vehicles by then. The auto maker also promises to be carbon-neutral by 2040.</p><p><blockquote>通用汽车公司。<a href=\"https://laohu8.com/S/GM\">$(通用汽车)$</a>一月份,该公司表示计划到 2035 年逐步淘汰所有内燃机汽车,届时只销售零排放汽车,这让华尔街感到惊讶。该汽车制造商还承诺到 2040 年实现碳中和。</blockquote></p><p> GM has said that it will offer 30 all-electric models globally by mid-decade, and that 40% percent of the company's U.S. models will be battery electric vehicles by the end of 2025. Its Hummer electric is expected for next year, with production starting this fall.</p><p><blockquote>通用汽车表示,到本世纪中期,它将在全球提供 30 款全电动汽车,到 2025 年底,该公司 40% 的美国车型将是纯电动汽车。其悍马电动车预计将于明年上市,并于今年秋季开始生产。</blockquote></p><p> <b>Honda</b></p><p><blockquote><b>本田</b></blockquote></p><p> The Japanese maker (7267.TO), which owns the namesake Honda brand and also the luxury-car brand Acura, is projected to derive 40% of its sales from EVs and fuel-cell electric cars by 2030. In April 2020, Honda and GM announced a partnership to develop Honda electric cars using GM's Ultium batteries.</p><p><blockquote>这家日本制造商(7267.TO)拥有同名本田品牌和豪华汽车品牌讴歌,预计到2030年,其40%的销售额将来自电动汽车和燃料电池电动汽车。2020年4月,本田和通用汽车宣布合作,使用通用汽车的Ultium电池开发本田电动汽车。</blockquote></p><p> <b>Hyundai</b></p><p><blockquote><b>现代</b></blockquote></p><p> The Korean car maker , which also owns Kia, is aiming to have 40% of its Kia and Hyundai brands sales to be of EVs and fuel-cell electric vehicles by 2025. Its Hyundai brand plans on more than 30 electric passenger vehicles by then.</p><p><blockquote>这家韩国汽车制造商还拥有起亚汽车,其目标是到 2025 年,电动汽车和燃料电池电动汽车占其起亚和现代品牌销量的 40%。其现代品牌计划届时生产 30 多款电动乘用车。</blockquote></p><p> <b>Mazda</b></p><p><blockquote><b>马自达</b></blockquote></p><p> Mazda plans to offer 5% of its vehicles as battery electric by 2030, but EV sales targets as a percentage of total sales are unknown at the moment. Mazda does not offer EVs in the U.S., but sells a few EV and hybrid models elsewhere.</p><p><blockquote>马自达计划到 2030 年提供 5% 的纯电动汽车,但电动汽车销售目标占总销量的百分比目前尚不清楚。马自达不在美国提供电动汽车,但在其他地方销售一些电动汽车和混合动力车型。</blockquote></p><p> <b>Nissan</b></p><p><blockquote><b>日产</b></blockquote></p><p> Nissan Motor Co. Ltd. was among the first auto makers to offer an all-electric vehicle, and its the Nissan Leaf for years was one of the few options available for those without the deep pockets needed for a Tesla Inc. <a href=\"https://laohu8.com/S/TSLA\">$(TSLA)$</a> Model S.</p><p><blockquote>日产汽车有限公司是最早提供全电动汽车的汽车制造商之一,多年来,其日产聆风一直是那些没有特斯拉公司所需雄厚财力的人的少数选择之一。<a href=\"https://laohu8.com/S/TSLA\">$(特斯拉)$</a>模型S。</blockquote></p><p></p><p> Nissan plans to offer 20 EV models in China by next year, and for the U.S. the company recently said it plans that more than 40% of its U.S. vehicle sales by 2030 will be fully electric.</p><p><blockquote>日产计划到明年在中国提供 20 款电动汽车车型,该公司最近表示,计划到 2030 年,其美国汽车销量的 40% 以上将是纯电动汽车。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/5cbdfabce43725b3d966cf5db5b820f6\" tg-width=\"700\" tg-height=\"466\" width=\"100%\" height=\"auto\"><span>The Nissan Leaf NISSAN</span></p><p><blockquote><p class=\"t-img-caption\"><span>日产聆风 日产</span></p></blockquote></p><p> <b>Porsche</b></p><p><blockquote><b>保时捷</b></blockquote></p><p> The car maker and almost synonym of sports cars is aiming to have half of its sales be of EV vehicles by 2025.</p><p><blockquote>这家汽车制造商几乎是跑车的代名词,其目标是到 2025 年,电动汽车的销量占其销量的一半。</blockquote></p><p> <b>Stellantis</b></p><p><blockquote><b>斯特兰蒂斯</b></blockquote></p><p> <a href=\"https://laohu8.com/S/STLA\">Stellantis NV</a> (STLA.MI), the global auto maker formed earlier this year through the merger of Fiat Chrysler Automobiles NV and France's PSA Group, said in July it was investing $35 billion in EVs and adjacent technologies through 2025.</p><p><blockquote><a href=\"https://laohu8.com/S/STLA\">斯特兰蒂斯公司</a>(STLA.MI) 是今年早些时候由菲亚特克莱斯勒汽车公司 (Fiat Chrysler Automobiles NV) 和法国标致雪铁龙集团 (PSA Group) 合并而成的全球汽车制造商,该公司 7 月份表示,到 2025 年将在电动汽车及相关技术方面投资 350 亿美元。</blockquote></p><p> By that year, Stellantis is expected to derive 31% of its U.S. sales and 38% of its European sales from EVs, percentages that are seen growing to 35% of U.S. sales and 70% of European sales by 2030.</p><p><blockquote>到那一年,Stellantis 预计其美国销量的 31% 和欧洲销量的 38% 将来自电动汽车,到 2030 年,这一比例预计将增长至美国销量的 35% 和欧洲销量的 70%。</blockquote></p><p> <b>Subaru</b></p><p><blockquote><b>斯巴鲁</b></blockquote></p><p> The Japanese maker is expected to derive 40% of its sales from EVs and hybrid electric vehicles by 2030.</p><p><blockquote>预计到 2030 年,这家日本制造商 40% 的销售额将来自电动汽车和混合动力电动汽车。</blockquote></p><p> <b>Toyota</b></p><p><blockquote><b>丰田</b></blockquote></p><p> Some 70% of sales for the world's No. 1 car maker (7203.TO) are expected to come from EVs and fuel-cell electric vehicles by 2030. Toyota plans to offer 15 battery EV models by 2025. The car maker, of course, broke ground with its hybrid Toyota Prius two decades ago.</p><p><blockquote>预计到 2030 年,这家全球第一大汽车制造商 (7203.TO) 约 70% 的销售额将来自电动汽车和燃料电池电动汽车。丰田计划到 2025 年提供 15 款纯电动汽车车型。当然,这家汽车制造商在二十年前凭借其混合动力丰田普锐斯破土动工。</blockquote></p><p> <b>Volkswagen</b></p><p><blockquote><b>大众汽车</b></blockquote></p><p> The car maker is expected to derive 70% of its European sales from EVs and 50% of its U.S. sales from EVs by 2030. Volkswagen has pledged to spend about $40 billion through 2025 on EVs.</p><p><blockquote>预计到 2030 年,该汽车制造商欧洲销量的 70% 将来自电动汽车,美国销量的 50% 将来自电动汽车。大众汽车承诺到 2025 年在电动汽车上花费约 400 亿美元。</blockquote></p><p></p>","source":"lsy1603348471595","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Chasing Tesla: Here are the current electric vehicle plans of every major car maker<blockquote>追逐特斯拉:以下是各大汽车制造商当前的电动汽车计划</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\">\nChasing Tesla: Here are the current electric vehicle plans of every major car maker<blockquote>追逐特斯拉:以下是各大汽车制造商当前的电动汽车计划</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">MarketWatch</strong><span class=\"h-time small\">2021-08-14 10:06</span>\n</p>\n</h4>\n</header>\n<article>\n<p>At President Joe Biden's urging, the auto industry pledged to boost production of electric vehicles to the point that they account for about half of total U.S. sales by 2030, a plan that raises hopes that EVs can shift from niche to normal.</p><p><blockquote>在乔·拜登总统的敦促下,汽车行业承诺到 2030 年将电动汽车产量提高到占美国总销量的一半左右,这一计划让人们对电动汽车能够从小众市场转向普通市场产生了希望。</blockquote></p><p> EVs accounted for 2.4% of U.S. cars sold in 2020, up from 0.7% five years ago, according to BloombergNEF. The research provider expects that share to increase to 11% in 2025; by 2030, it expects that slightly over a third of vehicles sold in the U.S. will be electric.</p><p><blockquote>根据彭博新能源财经的数据,2020 年电动汽车占美国汽车销量的 2.4%,高于五年前的 0.7%。该研究提供商预计,到 2025 年,这一份额将增至 11%;预计到 2030 年,美国销售的汽车中略多于三分之一将是电动汽车。</blockquote></p><p> Several auto makers had already announced bigger EV ambitions even before the White House call.</p><p><blockquote>甚至在白宫看涨期权之前,几家汽车制造商就已经宣布了更大的电动汽车雄心。</blockquote></p><p> Here are each major car maker's stated plans for EVs, including, when available, investment amounts and the range of models they hope to bring to market.</p><p><blockquote>以下是每家主要汽车制造商对电动汽车的既定计划,包括(如果有的话)投资额和他们希望推向市场的车型范围。</blockquote></p><p> This information was collated from company sites, previous reports, and BloombergNEF projections, and will be updated regularly.</p><p><blockquote>这些信息是从公司网站、以前的报告和彭博新能源财经的预测中整理的,并将定期更新。</blockquote></p><p> <b>Audi</b></p><p><blockquote><b>奥迪</b></blockquote></p><p> Audi, a brand known for its luxury cars and owned by Germany's Volkswagen AG , has promised to have battery-electric vehicles comprise 35% of its sales by 2025. By that time, Audi buyers will choose from about 20 EV models.</p><p><blockquote>德国大众汽车公司旗下以豪华汽车品牌闻名的奥迪承诺,到 2025 年,纯电动汽车将占其销量的 35%。届时,奥迪买家将从大约 20 款电动汽车车型中进行选择。</blockquote></p><p> <b>BMW</b></p><p><blockquote><b>宝马</b></blockquote></p><p> BMW AG , a luxury-car maker from Germany, was among the first EV innovators. It launched its i3 compact EV eight years ago, then as $one of the few serious competitors to Tesla Inc.'s vehicles.</p><p><blockquote>德国豪华汽车制造商宝马股份公司是首批电动汽车创新者之一。该公司八年前推出了 i3 紧凑型电动汽车,当时是特斯拉汽车为数不多的有力竞争对手之一。</blockquote></p><p> BMW's EV pipeline has slowed, but the auto maker has promised that 25% of its European sales will be all-electric and hybrid vehicles this year, and that all sales of its Mini brand will be battery electric by 2030. It expects to launch more than 10 battery EVs models in the next couple of years.</p><p><blockquote>宝马的电动汽车产品线已经放缓,但这家汽车制造商承诺,今年其欧洲销量的 25% 将是全电动和混合动力汽车,到 2030 年,其 Mini 品牌的所有销量都将是纯电动的。预计未来几年将推出 10 多款电池电动汽车车型。</blockquote></p><p> <b>Daimler/Mercedes-Benz</b></p><p><blockquote><b>戴姆勒/梅赛德斯-奔驰</b></blockquote></p><p> Mercedes-Benz, owned by Daimler AG , expects that between 15% and 25% of its sales will be comprised of EV sales by 2025; by 2030, that percentage is expected to grow to 50%. Mercedes-Benz is slated to end 2021 offering three new electric passenger car models and more to come in 2022.</p><p><blockquote>戴姆勒股份公司旗下的梅赛德斯-奔驰预计,到 2025 年,电动汽车销量将占其销量的 15% 至 25%;到2030年,这一比例预计将增长到50%。梅赛德斯-奔驰计划在 2021 年底推出三款新型电动乘用车车型,并在 2022 年推出更多车型。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/ec4b2abd59e5b19c9eec0034342af25e\" tg-width=\"700\" tg-height=\"413\" width=\"100%\" height=\"auto\"><span>SOURCE: MERCEDES</span></p><p><blockquote><p class=\"t-img-caption\"><span>来源:梅赛德斯</span></p></blockquote></p><p> <b>Ford</b></p><p><blockquote><b>福特</b></blockquote></p><p> Ford Motor Co. <a href=\"https://laohu8.com/S/F\">$(F)$</a> has said that 40% of its global sales by 2030 will be sales of EVs . Ford is aiming to have dozens of electrified models by 2022, the year that will also mark the debut of its much-awaited all-electric F-150 Lightning pickup truck.</p><p><blockquote>福特汽车公司。<a href=\"https://laohu8.com/S/F\">$(F) $</a>该公司表示,到 2030 年,其全球销量的 40% 将是电动汽车销售。福特的目标是到 2022 年推出数十款电动车型,这一年也将标志着其期待已久的全电动 F-150 Lightning 皮卡的首次亮相。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/3a44fec36dac046911679a2ba769cb2b\" tg-width=\"700\" tg-height=\"450\" width=\"100%\" height=\"auto\"><span>The Ford F-150 Lightning o JEFF KOWALSKY/AGENCE FRANCE-PRESSE/GETTY IMAGES</span></p><p><blockquote><p class=\"t-img-caption\"><span>杰夫·科瓦尔斯基的福特 F-150 Lightning/法新社/盖蒂图片社</span></p></blockquote></p><p> Ford has called the Lightning the \"pillar\" of its more than $22 billion bet on EVs, which includes EV models for other best-selling vehicles such as the Mustang and its Transit van.</p><p><blockquote>福特称 Lightning 是其超过 220 亿美元电动汽车押注的“支柱”,其中包括野马及其 Transit van 等其他畅销车辆的电动汽车车型。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/87df52ddef1af1d1342d685897e83652\" tg-width=\"700\" tg-height=\"392\" width=\"100%\" height=\"auto\"><span>SOURCE: FORD</span></p><p><blockquote><p class=\"t-img-caption\"><span>资料来源:福特</span></p></blockquote></p><p> <b>GM</b></p><p><blockquote><b>通用汽车</b></blockquote></p><p> General Motors Co. <a href=\"https://laohu8.com/S/GM\">$(GM)$</a> surprised Wall Street in January by saying it aims to phase out all of its internal combustion engine vehicles by 2035 and only sell zero-emission vehicles by then. The auto maker also promises to be carbon-neutral by 2040.</p><p><blockquote>通用汽车公司。<a href=\"https://laohu8.com/S/GM\">$(通用汽车)$</a>一月份,该公司表示计划到 2035 年逐步淘汰所有内燃机汽车,届时只销售零排放汽车,这让华尔街感到惊讶。该汽车制造商还承诺到 2040 年实现碳中和。</blockquote></p><p> GM has said that it will offer 30 all-electric models globally by mid-decade, and that 40% percent of the company's U.S. models will be battery electric vehicles by the end of 2025. Its Hummer electric is expected for next year, with production starting this fall.</p><p><blockquote>通用汽车表示,到本世纪中期,它将在全球提供 30 款全电动汽车,到 2025 年底,该公司 40% 的美国车型将是纯电动汽车。其悍马电动车预计将于明年上市,并于今年秋季开始生产。</blockquote></p><p> <b>Honda</b></p><p><blockquote><b>本田</b></blockquote></p><p> The Japanese maker (7267.TO), which owns the namesake Honda brand and also the luxury-car brand Acura, is projected to derive 40% of its sales from EVs and fuel-cell electric cars by 2030. In April 2020, Honda and GM announced a partnership to develop Honda electric cars using GM's Ultium batteries.</p><p><blockquote>这家日本制造商(7267.TO)拥有同名本田品牌和豪华汽车品牌讴歌,预计到2030年,其40%的销售额将来自电动汽车和燃料电池电动汽车。2020年4月,本田和通用汽车宣布合作,使用通用汽车的Ultium电池开发本田电动汽车。</blockquote></p><p> <b>Hyundai</b></p><p><blockquote><b>现代</b></blockquote></p><p> The Korean car maker , which also owns Kia, is aiming to have 40% of its Kia and Hyundai brands sales to be of EVs and fuel-cell electric vehicles by 2025. Its Hyundai brand plans on more than 30 electric passenger vehicles by then.</p><p><blockquote>这家韩国汽车制造商还拥有起亚汽车,其目标是到 2025 年,电动汽车和燃料电池电动汽车占其起亚和现代品牌销量的 40%。其现代品牌计划届时生产 30 多款电动乘用车。</blockquote></p><p> <b>Mazda</b></p><p><blockquote><b>马自达</b></blockquote></p><p> Mazda plans to offer 5% of its vehicles as battery electric by 2030, but EV sales targets as a percentage of total sales are unknown at the moment. Mazda does not offer EVs in the U.S., but sells a few EV and hybrid models elsewhere.</p><p><blockquote>马自达计划到 2030 年提供 5% 的纯电动汽车,但电动汽车销售目标占总销量的百分比目前尚不清楚。马自达不在美国提供电动汽车,但在其他地方销售一些电动汽车和混合动力车型。</blockquote></p><p> <b>Nissan</b></p><p><blockquote><b>日产</b></blockquote></p><p> Nissan Motor Co. Ltd. was among the first auto makers to offer an all-electric vehicle, and its the Nissan Leaf for years was one of the few options available for those without the deep pockets needed for a Tesla Inc. <a href=\"https://laohu8.com/S/TSLA\">$(TSLA)$</a> Model S.</p><p><blockquote>日产汽车有限公司是最早提供全电动汽车的汽车制造商之一,多年来,其日产聆风一直是那些没有特斯拉公司所需雄厚财力的人的少数选择之一。<a href=\"https://laohu8.com/S/TSLA\">$(特斯拉)$</a>模型S。</blockquote></p><p></p><p> Nissan plans to offer 20 EV models in China by next year, and for the U.S. the company recently said it plans that more than 40% of its U.S. vehicle sales by 2030 will be fully electric.</p><p><blockquote>日产计划到明年在中国提供 20 款电动汽车车型,该公司最近表示,计划到 2030 年,其美国汽车销量的 40% 以上将是纯电动汽车。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/5cbdfabce43725b3d966cf5db5b820f6\" tg-width=\"700\" tg-height=\"466\" width=\"100%\" height=\"auto\"><span>The Nissan Leaf NISSAN</span></p><p><blockquote><p class=\"t-img-caption\"><span>日产聆风 日产</span></p></blockquote></p><p> <b>Porsche</b></p><p><blockquote><b>保时捷</b></blockquote></p><p> The car maker and almost synonym of sports cars is aiming to have half of its sales be of EV vehicles by 2025.</p><p><blockquote>这家汽车制造商几乎是跑车的代名词,其目标是到 2025 年,电动汽车的销量占其销量的一半。</blockquote></p><p> <b>Stellantis</b></p><p><blockquote><b>斯特兰蒂斯</b></blockquote></p><p> <a href=\"https://laohu8.com/S/STLA\">Stellantis NV</a> (STLA.MI), the global auto maker formed earlier this year through the merger of Fiat Chrysler Automobiles NV and France's PSA Group, said in July it was investing $35 billion in EVs and adjacent technologies through 2025.</p><p><blockquote><a href=\"https://laohu8.com/S/STLA\">斯特兰蒂斯公司</a>(STLA.MI) 是今年早些时候由菲亚特克莱斯勒汽车公司 (Fiat Chrysler Automobiles NV) 和法国标致雪铁龙集团 (PSA Group) 合并而成的全球汽车制造商,该公司 7 月份表示,到 2025 年将在电动汽车及相关技术方面投资 350 亿美元。</blockquote></p><p> By that year, Stellantis is expected to derive 31% of its U.S. sales and 38% of its European sales from EVs, percentages that are seen growing to 35% of U.S. sales and 70% of European sales by 2030.</p><p><blockquote>到那一年,Stellantis 预计其美国销量的 31% 和欧洲销量的 38% 将来自电动汽车,到 2030 年,这一比例预计将增长至美国销量的 35% 和欧洲销量的 70%。</blockquote></p><p> <b>Subaru</b></p><p><blockquote><b>斯巴鲁</b></blockquote></p><p> The Japanese maker is expected to derive 40% of its sales from EVs and hybrid electric vehicles by 2030.</p><p><blockquote>预计到 2030 年,这家日本制造商 40% 的销售额将来自电动汽车和混合动力电动汽车。</blockquote></p><p> <b>Toyota</b></p><p><blockquote><b>丰田</b></blockquote></p><p> Some 70% of sales for the world's No. 1 car maker (7203.TO) are expected to come from EVs and fuel-cell electric vehicles by 2030. Toyota plans to offer 15 battery EV models by 2025. The car maker, of course, broke ground with its hybrid Toyota Prius two decades ago.</p><p><blockquote>预计到 2030 年,这家全球第一大汽车制造商 (7203.TO) 约 70% 的销售额将来自电动汽车和燃料电池电动汽车。丰田计划到 2025 年提供 15 款纯电动汽车车型。当然,这家汽车制造商在二十年前凭借其混合动力丰田普锐斯破土动工。</blockquote></p><p> <b>Volkswagen</b></p><p><blockquote><b>大众汽车</b></blockquote></p><p> The car maker is expected to derive 70% of its European sales from EVs and 50% of its U.S. sales from EVs by 2030. Volkswagen has pledged to spend about $40 billion through 2025 on EVs.</p><p><blockquote>预计到 2030 年,该汽车制造商欧洲销量的 70% 将来自电动汽车,美国销量的 50% 将来自电动汽车。大众汽车承诺到 2025 年在电动汽车上花费约 400 亿美元。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源:<a href=\"https://www.marketwatch.com/story/chasing-tesla-here-are-the-current-electric-vehicle-plans-of-every-major-car-maker-11628876816?mod=home-page\">MarketWatch</a></p>\n<p>为提升您的阅读体验,我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"F":"福特汽车","STLA":"Stellantis NV","DDAIF":"戴姆勒汽车","TSLA":"特斯拉","HMC":"本田汽车","TM":"丰田汽车","VLKAF":"Volkswagen AG","HYEVF":"Hyundai Elevator Co Ltd.","FUJHF":"Subaru Corporation ","NSANY":"日产汽车","GM":"通用汽车"},"source_url":"https://www.marketwatch.com/story/chasing-tesla-here-are-the-current-electric-vehicle-plans-of-every-major-car-maker-11628876816?mod=home-page","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2159521376","content_text":"At President Joe Biden's urging, the auto industry pledged to boost production of electric vehicles to the point that they account for about half of total U.S. sales by 2030, a plan that raises hopes that EVs can shift from niche to normal.\nEVs accounted for 2.4% of U.S. cars sold in 2020, up from 0.7% five years ago, according to BloombergNEF. The research provider expects that share to increase to 11% in 2025; by 2030, it expects that slightly over a third of vehicles sold in the U.S. will be electric.\nSeveral auto makers had already announced bigger EV ambitions even before the White House call.\nHere are each major car maker's stated plans for EVs, including, when available, investment amounts and the range of models they hope to bring to market.\nThis information was collated from company sites, previous reports, and BloombergNEF projections, and will be updated regularly.\nAudi\nAudi, a brand known for its luxury cars and owned by Germany's Volkswagen AG , has promised to have battery-electric vehicles comprise 35% of its sales by 2025. By that time, Audi buyers will choose from about 20 EV models.\nBMW\nBMW AG , a luxury-car maker from Germany, was among the first EV innovators. It launched its i3 compact EV eight years ago, then as $one of the few serious competitors to Tesla Inc.'s vehicles.\nBMW's EV pipeline has slowed, but the auto maker has promised that 25% of its European sales will be all-electric and hybrid vehicles this year, and that all sales of its Mini brand will be battery electric by 2030. It expects to launch more than 10 battery EVs models in the next couple of years.\nDaimler/Mercedes-Benz\nMercedes-Benz, owned by Daimler AG , expects that between 15% and 25% of its sales will be comprised of EV sales by 2025; by 2030, that percentage is expected to grow to 50%. Mercedes-Benz is slated to end 2021 offering three new electric passenger car models and more to come in 2022.\nSOURCE: MERCEDES\nFord\nFord Motor Co. $(F)$ has said that 40% of its global sales by 2030 will be sales of EVs . Ford is aiming to have dozens of electrified models by 2022, the year that will also mark the debut of its much-awaited all-electric F-150 Lightning pickup truck.\nThe Ford F-150 Lightning o JEFF KOWALSKY/AGENCE FRANCE-PRESSE/GETTY IMAGES\nFord has called the Lightning the \"pillar\" of its more than $22 billion bet on EVs, which includes EV models for other best-selling vehicles such as the Mustang and its Transit van.\nSOURCE: FORD\nGM\nGeneral Motors Co. $(GM)$ surprised Wall Street in January by saying it aims to phase out all of its internal combustion engine vehicles by 2035 and only sell zero-emission vehicles by then. The auto maker also promises to be carbon-neutral by 2040.\nGM has said that it will offer 30 all-electric models globally by mid-decade, and that 40% percent of the company's U.S. models will be battery electric vehicles by the end of 2025. Its Hummer electric is expected for next year, with production starting this fall.\nHonda\nThe Japanese maker (7267.TO), which owns the namesake Honda brand and also the luxury-car brand Acura, is projected to derive 40% of its sales from EVs and fuel-cell electric cars by 2030. In April 2020, Honda and GM announced a partnership to develop Honda electric cars using GM's Ultium batteries.\nHyundai\nThe Korean car maker , which also owns Kia, is aiming to have 40% of its Kia and Hyundai brands sales to be of EVs and fuel-cell electric vehicles by 2025. Its Hyundai brand plans on more than 30 electric passenger vehicles by then.\nMazda\nMazda plans to offer 5% of its vehicles as battery electric by 2030, but EV sales targets as a percentage of total sales are unknown at the moment. Mazda does not offer EVs in the U.S., but sells a few EV and hybrid models elsewhere.\nNissan\nNissan Motor Co. Ltd. was among the first auto makers to offer an all-electric vehicle, and its the Nissan Leaf for years was one of the few options available for those without the deep pockets needed for a Tesla Inc. $(TSLA)$ Model S.\nNissan plans to offer 20 EV models in China by next year, and for the U.S. the company recently said it plans that more than 40% of its U.S. vehicle sales by 2030 will be fully electric.\nThe Nissan Leaf NISSAN\nPorsche\nThe car maker and almost synonym of sports cars is aiming to have half of its sales be of EV vehicles by 2025.\nStellantis\nStellantis NV (STLA.MI), the global auto maker formed earlier this year through the merger of Fiat Chrysler Automobiles NV and France's PSA Group, said in July it was investing $35 billion in EVs and adjacent technologies through 2025.\nBy that year, Stellantis is expected to derive 31% of its U.S. sales and 38% of its European sales from EVs, percentages that are seen growing to 35% of U.S. sales and 70% of European sales by 2030.\nSubaru\nThe Japanese maker is expected to derive 40% of its sales from EVs and hybrid electric vehicles by 2030.\nToyota\nSome 70% of sales for the world's No. 1 car maker (7203.TO) are expected to come from EVs and fuel-cell electric vehicles by 2030. Toyota plans to offer 15 battery EV models by 2025. The car maker, of course, broke ground with its hybrid Toyota Prius two decades ago.\nVolkswagen\nThe car maker is expected to derive 70% of its European sales from EVs and 50% of its U.S. sales from EVs by 2030. Volkswagen has pledged to spend about $40 billion through 2025 on EVs.","news_type":1,"symbols_score_info":{"HYEVF":0.9,"HMC":0.9,"F":0.9,"TM":0.9,"AUDVF":0.9,"GM":0.9,"NSANY":0.9,"STLA":0.9,"VLKAF":0.9,"FUJHF":0.9,"DDAIF":0.9,"TSLA":0.9}},"isVote":1,"tweetType":1,"viewCount":528,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}