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MarkOng

MarkOng

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2021-12-20

Hopefully market up a lot so share can be up

Singapore Stock Market May Give Up Support At 3,100 Points<blockquote>新加坡股市或放弃3100点支撑</blockquote>

2021-12-17

Hst share now can buy in?

2021-12-16

Good

Blackberry News: The BMW Deal Bouncing BB Stocky<blockquote>黑莓新闻：宝马交易反弹BB Stocky</blockquote>

2021-12-15

Nice

抱歉，原内容已删除

2021-12-13

Wow

Apple rose 1% in premarket trading,with its market value reaching nearly 3 trillion dollars<blockquote>苹果盘前涨1%市值近3万亿美元</blockquote>

2021-12-03

Like

Toplines Before US Market Open on Friday<blockquote>周五美国市场开盘前的营收</blockquote>

2021-12-01

How can complete post trending ?

2021-11-25

Nice

ASML: It's A Leading Semiconductor Player, But Don't Buy Now<blockquote>ASML：它是领先的半导体公司，但现在不要购买</blockquote>

2021-11-25

$Lion-OCBC Sec HSTECH S$(HST.SI)$up

2021-11-22

Don’t know coin can up again ?

抱歉，原内容已删除

2021-11-18

👍

S&P 500 rises slightly led by tech shares as Nvidia soars<blockquote>英伟达飙升，科技股领涨标普500小幅上涨</blockquote>

2021-11-12

Keep for dividends 😂

@Nhungpham:$Starbucks(SBUX)$Up to 117 near back to price buy in then get kick again drop like this ? 🥺

2021-11-11

$Lion-OCBC Sec HSTECH S$(HST.SI)$today up to 1.122

2021-11-10

Hst going up soon

2021-11-09

$Lion-OCBC Sec HSTECH S$(HST.SI)$Rubbish share

2021-11-08

$Apple(AAPL)$Good

2021-08-17

$Apple(AAPL)$🆙 ⬆️ 🆙 ⬆️ 🆙 ⬆️

2021-08-14

$Apple(AAPL)$Going up

2021-08-12

$Apple(AAPL)$Don’t know when up then I sell it

2021-08-12

It share drop

去老虎APP查看更多动态

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The Straits Times Index now sits just above the 3,110-point plateau and it may take further damage again on Monday.</p><p><blockquote>自连续两天下跌超过20点或0.7%以来，新加坡股市在过去四个交易日中涨跌互现。海峡时报指数目前略高于3,110点的高位，周一可能会再次遭受进一步损害。</blockquote></p><p> The global forecast for the Asian&nbsp;markets&nbsp;is soft on omicron coronavirus concerns and sinking oil prices. The European markets were mixed and the U.S. bourses were down and the Asian markets figure to split the difference.</p><p><blockquote>由于奥密克戎冠状病毒担忧和油价下跌，全球对亚洲市场的预测疲软。欧洲市场涨跌互现，美国股市下跌，亚洲市场似乎分担了这一差异。</blockquote></p><p> The STI finished modestly lower on Friday following losses from the industrials and properties, while the financials came in mixed.</p><p><blockquote>继工业和房地产股下跌后，海指周五小幅收低，而金融股则涨跌互现。</blockquote></p><p> For the day, the index lost 17.17 points or 0.55 percent to finish at the daily low of 3,111.63 after peaking at 3,134.99. Volume was 1.2 billion shares worth 1.5 billion Singapore dollars. There were 280 decliners and 188 gainers.</p><p><blockquote>当天，该指数下跌17.17点或0.55%，收于3111.63点的日低，此前曾触及3134.99点的高点。成交量为12亿股，价值15亿新元。下跌股280只，上涨股188只。</blockquote></p><p> Among the actives, CapitaLand Integrated Commercial Trust and Mapletree Commercial Trust both slumped 0.50 percent, while City Developments tanked 1.45 percent, Comfort DelGro lost 0.72 percent, Dairy Farm International slid 0.36 percent, DBS Group collected 0.34 percent, Genting Singapore fell 0.65 percent, Hongkong Land plummeted 2.07 percent, Keppel Corp and Venture Corporation both sank 0.97 percent, Mapletree Logistics Trust weakened 0.53 percent, Oversea-Chinese Banking Corporation eased 0.09 percent, SATS skidded 1.03 percent, SembCorp Industries plunged 1.49 percent, Singapore Airlines dropped 0.81 percent, Singapore Exchange tumbled 1.39 percent, Singapore Press Holdings added 0.43 percent, Singapore Technologies Engineering retreated 1.06 percent, SingTel stumbled 0.63 percent, Thai Beverage shed 0.75 percent, United Overseas Bank dipped 0.30 percent, Wilmar International declined 1.21 percent and Yangzijiang Shipbuilding and Ascendas REIT were unchanged.</p><p><blockquote>活跃股中，凯德综合商业信托和丰树商业信托均下跌0.50%，City Developments下跌1.45%，Comfort DelGro下跌0.72%，Dairy Farm International下跌0.36%，DBS Group上涨0.34%，云顶新加坡下跌0.65%，香港置地暴跌2.07%，吉宝企业和Venture Corporation均下跌0.97%，丰树物流信托下跌0.53%，华侨银行下跌0.03%，胜科工业下跌1.49%，新加坡航空下跌0.81%，新加坡报业控股上涨0.43%，新加坡科技工程下跌1.06%，新加坡电信下跌0.63%，泰国饮料下跌0.75%，丰益国际下跌1.21%，扬子江造船和腾飞房地产投资信托持平。</blockquote></p><p> The lead from Wall Street is negative as the major averages opened lower on a volatile Friday. The NASDAQ peeked briefly into the green but the markets all still finished in the red.</p><p><blockquote>华尔街的领先是负面的，因为主要股指在动荡的周五开盘走低。纳斯达克短暂出现绿色，但市场仍以红色收盘。</blockquote></p><p> The Dow plunged 532.16 points or 1.48 percent to finish at 35,365.44, while the NASDAQ dipped 10.72 points or 0.07 percent to close at 15,169.68 and the S&amp;P 500 sank 48.03 points or 1.03 percent to end at 4,620.64. For the week, the NASDAQ plunged 2.9 percent, the Dow lost 1.7 percent and the S&amp;P was down 1.9 percent.</p><p><blockquote>道琼斯指数下跌532.16点，跌幅1.48%，收于35,365.44点；纳斯达克下跌10.72点，跌幅0.07%，收于15,169.68点；标普500下跌48.03点，跌幅1.03%，收于4,620.64点。本周，纳斯达克暴跌2.9%，道琼斯指数下跌1.7%，标准普尔指数下跌1.9%。</blockquote></p><p> The volatility on Wall Street came on a quadruple witching day, with stock options, index options, stock futures and index futures all expiring.</p><p><blockquote>华尔街的波动发生在四重巫术日，股票期权、指数期权、股票期货和指数期货都将到期。</blockquote></p><p> Concerns about the impact of the Omicron variant of the&nbsp;coronavirus&nbsp;also weighed on the markets along with worries about ongoing supply chain issues.</p><p><blockquote>对冠状病毒奥密克戎变种影响的担忧以及对持续供应链问题的担忧也给市场带来压力。</blockquote></p><p> Crude oil prices tumbled Friday on concerns for energy demand due to a rapid surge in Omicron variant of the coronavirus and reimposition of restrictions. West Texas Intermediate Crude oil futures for January sank $1.52 or 2.1 percent at $70.86 a barrel. WTI crude futures shed 1.1 percent in the week.</p><p><blockquote>由于冠状病毒奥密克戎变种迅速激增和重新实施限制，对能源需求的担忧，原油价格周五暴跌。西德克萨斯中质原油1月期货下跌1.52美元，或2.1%，报每桶70.86美元。WTI原油期货本周下跌1.1%。</blockquote></p><p></p>","source":"lsy1626938412129","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>Singapore Stock Market May Give Up Support At 3,100 Points<blockquote>新加坡股市或放弃3100点支撑</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\">\nSingapore Stock Market May Give Up Support At 3,100 Points<blockquote>新加坡股市或放弃3100点支撑</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">RTTNews</strong><span class=\"h-time small\">2021-12-20 08:09</span>\n</p>\n</h4>\n</header>\n<article>\n<p>The Singapore stock market has alternated between positive and negative finishes through the last four trading days since the end of the two-day slide in which it had fallen more than 20 points or 0.7 percent. The Straits Times Index now sits just above the 3,110-point plateau and it may take further damage again on Monday.</p><p><blockquote>自连续两天下跌超过20点或0.7%以来，新加坡股市在过去四个交易日中涨跌互现。海峡时报指数目前略高于3,110点的高位，周一可能会再次遭受进一步损害。</blockquote></p><p> The global forecast for the Asian&nbsp;markets&nbsp;is soft on omicron coronavirus concerns and sinking oil prices. The European markets were mixed and the U.S. bourses were down and the Asian markets figure to split the difference.</p><p><blockquote>由于奥密克戎冠状病毒担忧和油价下跌，全球对亚洲市场的预测疲软。欧洲市场涨跌互现，美国股市下跌，亚洲市场似乎分担了这一差异。</blockquote></p><p> The STI finished modestly lower on Friday following losses from the industrials and properties, while the financials came in mixed.</p><p><blockquote>继工业和房地产股下跌后，海指周五小幅收低，而金融股则涨跌互现。</blockquote></p><p> For the day, the index lost 17.17 points or 0.55 percent to finish at the daily low of 3,111.63 after peaking at 3,134.99. Volume was 1.2 billion shares worth 1.5 billion Singapore dollars. There were 280 decliners and 188 gainers.</p><p><blockquote>当天，该指数下跌17.17点或0.55%，收于3111.63点的日低，此前曾触及3134.99点的高点。成交量为12亿股，价值15亿新元。下跌股280只，上涨股188只。</blockquote></p><p> Among the actives, CapitaLand Integrated Commercial Trust and Mapletree Commercial Trust both slumped 0.50 percent, while City Developments tanked 1.45 percent, Comfort DelGro lost 0.72 percent, Dairy Farm International slid 0.36 percent, DBS Group collected 0.34 percent, Genting Singapore fell 0.65 percent, Hongkong Land plummeted 2.07 percent, Keppel Corp and Venture Corporation both sank 0.97 percent, Mapletree Logistics Trust weakened 0.53 percent, Oversea-Chinese Banking Corporation eased 0.09 percent, SATS skidded 1.03 percent, SembCorp Industries plunged 1.49 percent, Singapore Airlines dropped 0.81 percent, Singapore Exchange tumbled 1.39 percent, Singapore Press Holdings added 0.43 percent, Singapore Technologies Engineering retreated 1.06 percent, SingTel stumbled 0.63 percent, Thai Beverage shed 0.75 percent, United Overseas Bank dipped 0.30 percent, Wilmar International declined 1.21 percent and Yangzijiang Shipbuilding and Ascendas REIT were unchanged.</p><p><blockquote>活跃股中，凯德综合商业信托和丰树商业信托均下跌0.50%，City Developments下跌1.45%，Comfort DelGro下跌0.72%，Dairy Farm International下跌0.36%，DBS Group上涨0.34%，云顶新加坡下跌0.65%，香港置地暴跌2.07%，吉宝企业和Venture Corporation均下跌0.97%，丰树物流信托下跌0.53%，华侨银行下跌0.03%，胜科工业下跌1.49%，新加坡航空下跌0.81%，新加坡报业控股上涨0.43%，新加坡科技工程下跌1.06%，新加坡电信下跌0.63%，泰国饮料下跌0.75%，丰益国际下跌1.21%，扬子江造船和腾飞房地产投资信托持平。</blockquote></p><p> The lead from Wall Street is negative as the major averages opened lower on a volatile Friday. The NASDAQ peeked briefly into the green but the markets all still finished in the red.</p><p><blockquote>华尔街的领先是负面的，因为主要股指在动荡的周五开盘走低。纳斯达克短暂出现绿色，但市场仍以红色收盘。</blockquote></p><p> The Dow plunged 532.16 points or 1.48 percent to finish at 35,365.44, while the NASDAQ dipped 10.72 points or 0.07 percent to close at 15,169.68 and the S&amp;P 500 sank 48.03 points or 1.03 percent to end at 4,620.64. For the week, the NASDAQ plunged 2.9 percent, the Dow lost 1.7 percent and the S&amp;P was down 1.9 percent.</p><p><blockquote>道琼斯指数下跌532.16点，跌幅1.48%，收于35,365.44点；纳斯达克下跌10.72点，跌幅0.07%，收于15,169.68点；标普500下跌48.03点，跌幅1.03%，收于4,620.64点。本周，纳斯达克暴跌2.9%，道琼斯指数下跌1.7%，标准普尔指数下跌1.9%。</blockquote></p><p> The volatility on Wall Street came on a quadruple witching day, with stock options, index options, stock futures and index futures all expiring.</p><p><blockquote>华尔街的波动发生在四重巫术日，股票期权、指数期权、股票期货和指数期货都将到期。</blockquote></p><p> Concerns about the impact of the Omicron variant of the&nbsp;coronavirus&nbsp;also weighed on the markets along with worries about ongoing supply chain issues.</p><p><blockquote>对冠状病毒奥密克戎变种影响的担忧以及对持续供应链问题的担忧也给市场带来压力。</blockquote></p><p> Crude oil prices tumbled Friday on concerns for energy demand due to a rapid surge in Omicron variant of the coronavirus and reimposition of restrictions. West Texas Intermediate Crude oil futures for January sank $1.52 or 2.1 percent at $70.86 a barrel. WTI crude futures shed 1.1 percent in the week.</p><p><blockquote>由于冠状病毒奥密克戎变种迅速激增和重新实施限制，对能源需求的担忧，原油价格周五暴跌。西德克萨斯中质原油1月期货下跌1.52美元，或2.1%，报每桶70.86美元。WTI原油期货本周下跌1.1%。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.rttnews.com/3250329/singapore-stock-market-may-give-up-support-at-3100-points.aspx\">RTTNews</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":{"STI.SI":"富时新加坡海峡指数"},"source_url":"https://www.rttnews.com/3250329/singapore-stock-market-may-give-up-support-at-3100-points.aspx","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1154958924","content_text":"The Singapore stock market has alternated between positive and negative finishes through the last four trading days since the end of the two-day slide in which it had fallen more than 20 points or 0.7 percent. The Straits Times Index now sits just above the 3,110-point plateau and it may take further damage again on Monday.\nThe global forecast for the Asian markets is soft on omicron coronavirus concerns and sinking oil prices. The European markets were mixed and the U.S. bourses were down and the Asian markets figure to split the difference.\nThe STI finished modestly lower on Friday following losses from the industrials and properties, while the financials came in mixed.\nFor the day, the index lost 17.17 points or 0.55 percent to finish at the daily low of 3,111.63 after peaking at 3,134.99. Volume was 1.2 billion shares worth 1.5 billion Singapore dollars. There were 280 decliners and 188 gainers.\nAmong the actives, CapitaLand Integrated Commercial Trust and Mapletree Commercial Trust both slumped 0.50 percent, while City Developments tanked 1.45 percent, Comfort DelGro lost 0.72 percent, Dairy Farm International slid 0.36 percent, DBS Group collected 0.34 percent, Genting Singapore fell 0.65 percent, Hongkong Land plummeted 2.07 percent, Keppel Corp and Venture Corporation both sank 0.97 percent, Mapletree Logistics Trust weakened 0.53 percent, Oversea-Chinese Banking Corporation eased 0.09 percent, SATS skidded 1.03 percent, SembCorp Industries plunged 1.49 percent, Singapore Airlines dropped 0.81 percent, Singapore Exchange tumbled 1.39 percent, Singapore Press Holdings added 0.43 percent, Singapore Technologies Engineering retreated 1.06 percent, SingTel stumbled 0.63 percent, Thai Beverage shed 0.75 percent, United Overseas Bank dipped 0.30 percent, Wilmar International declined 1.21 percent and Yangzijiang Shipbuilding and Ascendas REIT were unchanged.\nThe lead from Wall Street is negative as the major averages opened lower on a volatile Friday. The NASDAQ peeked briefly into the green but the markets all still finished in the red.\nThe Dow plunged 532.16 points or 1.48 percent to finish at 35,365.44, while the NASDAQ dipped 10.72 points or 0.07 percent to close at 15,169.68 and the S&P 500 sank 48.03 points or 1.03 percent to end at 4,620.64. For the week, the NASDAQ plunged 2.9 percent, the Dow lost 1.7 percent and the S&P was down 1.9 percent.\nThe volatility on Wall Street came on a quadruple witching day, with stock options, index options, stock futures and index futures all expiring.\nConcerns about the impact of the Omicron variant of the coronavirus also weighed on the markets along with worries about ongoing supply chain issues.\nCrude oil prices tumbled Friday on concerns for energy demand due to a rapid surge in Omicron variant of the coronavirus and reimposition of restrictions. West Texas Intermediate Crude oil futures for January sank $1.52 or 2.1 percent at $70.86 a barrel. WTI crude futures shed 1.1 percent in the week.","news_type":1,"symbols_score_info":{"STI.SI":0.9}},"isVote":1,"tweetType":1,"viewCount":2495,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":699949239,"gmtCreate":1639742885252,"gmtModify":1639742968651,"author":{"id":"4090112389805630","authorId":"4090112389805630","name":"MarkOng","avatar":"https://static.tigerbbs.com/918d105c8f52ec2b407c5fca049c3376","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4090112389805630","idStr":"4090112389805630"},"themes":[],"htmlText":"Hst share now can buy in?","listText":"Hst share now can buy in?","text":"Hst share now can buy in?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/699949239","isVote":1,"tweetType":1,"viewCount":2041,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":690958108,"gmtCreate":1639624639662,"gmtModify":1639624710369,"author":{"id":"4090112389805630","authorId":"4090112389805630","name":"MarkOng","avatar":"https://static.tigerbbs.com/918d105c8f52ec2b407c5fca049c3376","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4090112389805630","idStr":"4090112389805630"},"themes":[],"htmlText":"Good","listText":"Good","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/690958108","repostId":"1199047170","repostType":4,"repost":{"id":"1199047170","kind":"news","pubTimestamp":1639621171,"share":"https://www.laohu8.com/m/news/1199047170?lang=zh_CN&edition=full","pubTime":"2021-12-16 10:19","market":"us","language":"en","title":"Blackberry News: The BMW Deal Bouncing BB Stocky<blockquote>黑莓新闻：宝马交易反弹BB Stocky</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1199047170","media":"InvestorPlace","summary":"Blackberry(NYSE:BB) stock is on the move Wednesday after announcing a multi-year agreement with Baye","content":"<p><div> Blackberry(NYSE:BB) stock is on the move Wednesday after announcing a multi-year agreement with Bayerische Motoren Werke(OTCMKTS:BMWYY). According to a press release, Blackberry has signed a deal with...</p><p><blockquote><div>黑莓(NYSE：BB)在宣布与Bayerische Motoren Werke(OTCMKTS：BMWYY)达成多年协议后，股价周三上涨。根据新闻稿，黑莓已经签署了一项协议...</div></blockquote></p><p>  <a href=\"https://investorplace.com/2021/12/blackberry-news-the-bmw-deal-bouncing-bb-stock-today/\">网页链接</a>  </div> </p><p><blockquote><a href=\"https://investorplace.com/2021/12/blackberry-news-the-bmw-deal-bouncing-bb-stock-today/\">网页连接</a></blockquote></p><p></p>","source":"lsy1606302653667","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>Blackberry News: The BMW Deal Bouncing BB Stocky<blockquote>黑莓新闻：宝马交易反弹BB Stocky</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\">\nBlackberry News: The BMW Deal Bouncing BB Stocky<blockquote>黑莓新闻：宝马交易反弹BB Stocky</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">InvestorPlace</strong><span class=\"h-time small\">2021-12-16 10:19</span>\n</p>\n</h4>\n</header>\n<article>\n<p><div> Blackberry(NYSE:BB) stock is on the move Wednesday after announcing a multi-year agreement with Bayerische Motoren Werke(OTCMKTS:BMWYY). According to a press release, Blackberry has signed a deal with...</p><p><blockquote><div>黑莓(NYSE：BB)在宣布与Bayerische Motoren Werke(OTCMKTS：BMWYY)达成多年协议后，股价周三上涨。根据新闻稿，黑莓已经签署了一项协议...</div></blockquote></p><p>  <a href=\"https://investorplace.com/2021/12/blackberry-news-the-bmw-deal-bouncing-bb-stock-today/\">网页链接</a>  </div> </p><p><blockquote><a href=\"https://investorplace.com/2021/12/blackberry-news-the-bmw-deal-bouncing-bb-stock-today/\">网页连接</a></blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://investorplace.com/2021/12/blackberry-news-the-bmw-deal-bouncing-bb-stock-today/\">InvestorPlace</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":{"BMWYY":"宝马汽车","BB":"黑莓"},"source_url":"https://investorplace.com/2021/12/blackberry-news-the-bmw-deal-bouncing-bb-stock-today/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1199047170","content_text":"Blackberry(NYSE:BB) stock is on the move Wednesday after announcing a multi-year agreement with Bayerische Motoren Werke(OTCMKTS:BMWYY).\nAccording to a press release, Blackberry has signed a deal with BMW that will have the two working together to develop technology for the latter’s next generation of vehicles. That includes the licensing of BB’s QNX tech and sending a support group of engineers to help with vehicle automation plans.\nBlackberry notes that this will have its engineers working on new SAE Level 2/2+ self-driving functions. The goal would be for this to end up in multiple vehicles across different makes and models.\nThe initial news of the BMW deal sent BB stock higher when shares started trading this morning. However, the stock didn’t retain those gains and quickly started to sink back down to its closing price on Tuesday.\nIt’s worth noting that BB is a meme stock, which means it’s often subject to volatility. That’s exacerbated by the fact the shares trade below $10 each. This makes it easier for traders to get into the stock when news like this comes around. That results in it running higher before eventually falling.\nBacking that up is decent trading of BB stock today. The company has seen roughly 9 million shares change hands as of this writing. That’s close to its daily average trading volume of about 9.3 million shares.\nBB stock is up 3.84% as of Wednesday afternoon but is still up 34.69% since the start of the year.","news_type":1,"symbols_score_info":{"BMWYY":0.9,"BB":0.9}},"isVote":1,"tweetType":1,"viewCount":1977,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":607871437,"gmtCreate":1639528942805,"gmtModify":1639528942885,"author":{"id":"4090112389805630","authorId":"4090112389805630","name":"MarkOng","avatar":"https://static.tigerbbs.com/918d105c8f52ec2b407c5fca049c3376","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4090112389805630","idStr":"4090112389805630"},"themes":[],"htmlText":"Nice&nbsp;","listText":"Nice&nbsp;","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/607871437","repostId":"2191329909","repostType":4,"isVote":1,"tweetType":1,"viewCount":1957,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":604624850,"gmtCreate":1639390792660,"gmtModify":1639391151419,"author":{"id":"4090112389805630","authorId":"4090112389805630","name":"MarkOng","avatar":"https://static.tigerbbs.com/918d105c8f52ec2b407c5fca049c3376","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4090112389805630","idStr":"4090112389805630"},"themes":[],"htmlText":"Wow","listText":"Wow","text":"Wow","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/604624850","repostId":"1191584533","repostType":4,"repost":{"id":"1191584533","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":1639387294,"share":"https://www.laohu8.com/m/news/1191584533?lang=zh_CN&edition=full","pubTime":"2021-12-13 17:21","market":"us","language":"en","title":"Apple rose 1% in premarket trading,with its market value reaching nearly 3 trillion dollars<blockquote>苹果盘前涨1%市值近3万亿美元</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1191584533","media":"Tiger Newspress","summary":"Apple rose 1% in premarket trading, with its market value reaching nearly 3 trillion dollars.Apple I","content":"<p>Apple rose 1% in premarket trading,&nbsp;with its market value reaching nearly 3 trillion dollars.<img src=\"https://static.tigerbbs.com/e9791d034ae0c6c9d0e8735f3c22dbcb\" tg-width=\"773\" tg-height=\"573\" referrerpolicy=\"no-referrer\"><b>Apple Inc</b>(NASDAQ:AAPL) is gearing up to launch the latest version of its iPhone and iPad operating system, which will contain nudity detection in the Messages app for devices used by children, as per journalist&nbsp;<b>Mark Gurman.</b></p><p><blockquote>苹果盘前交易中上涨1%，市值接近3万亿美元。<b>苹果公司</b>据记者报道，（纳斯达克：AAPL）正准备推出最新版本的iPhone和iPad操作系统，该操作系统将在儿童使用的设备的Messages应用程序中包含裸体检测功能<b>马克·古尔曼。</b></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>Apple rose 1% in premarket trading,with its market value reaching nearly 3 trillion dollars<blockquote>苹果盘前涨1%市值近3万亿美元</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nApple rose 1% in premarket trading,with its market value reaching nearly 3 trillion dollars<blockquote>苹果盘前涨1%市值近3万亿美元</blockquote>\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time smaller\">2021-12-13 17:21</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>Apple rose 1% in premarket trading,&nbsp;with its market value reaching nearly 3 trillion dollars.<img src=\"https://static.tigerbbs.com/e9791d034ae0c6c9d0e8735f3c22dbcb\" tg-width=\"773\" tg-height=\"573\" referrerpolicy=\"no-referrer\"><b>Apple Inc</b>(NASDAQ:AAPL) is gearing up to launch the latest version of its iPhone and iPad operating system, which will contain nudity detection in the Messages app for devices used by children, as per journalist&nbsp;<b>Mark Gurman.</b></p><p><blockquote>苹果盘前交易中上涨1%，市值接近3万亿美元。<b>苹果公司</b>据记者报道，（纳斯达克：AAPL）正准备推出最新版本的iPhone和iPad操作系统，该操作系统将在儿童使用的设备的Messages应用程序中包含裸体检测功能<b>马克·古尔曼。</b></blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1191584533","content_text":"Apple rose 1% in premarket trading, with its market value reaching nearly 3 trillion dollars.Apple Inc(NASDAQ:AAPL) is gearing up to launch the latest version of its iPhone and iPad operating system, which will contain nudity detection in the Messages app for devices used by children, as per journalist Mark Gurman.","news_type":1,"symbols_score_info":{"AAPL":0.9}},"isVote":1,"tweetType":1,"viewCount":2181,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":601254074,"gmtCreate":1638538714289,"gmtModify":1638538714289,"author":{"id":"4090112389805630","authorId":"4090112389805630","name":"MarkOng","avatar":"https://static.tigerbbs.com/918d105c8f52ec2b407c5fca049c3376","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4090112389805630","idStr":"4090112389805630"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/601254074","repostId":"1164605320","repostType":4,"repost":{"id":"1164605320","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":1638538539,"share":"https://www.laohu8.com/m/news/1164605320?lang=zh_CN&edition=full","pubTime":"2021-12-03 21:35","market":"us","language":"en","title":"Toplines Before US Market Open on Friday<blockquote>周五美国市场开盘前的营收</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1164605320","media":"Tiger Newspress","summary":"U.S. stock index futures gains as headline number for jobs report comes in lighter than expected.At 8:34 a.m. ET, Dow e-minis were up 121 points, or 0.35%, S&P 500 e-minis were up 20.5 points, or 0.45%, and Nasdaq 100 e-minis were up 103.25 points, or 0.65%.The U.S. economy created far fewer jobs than expected in November, before a new Covid threat created a scare that growth could slow into the winter, the Labor Department reported Friday.Nonfarm payrolls increased by just 210,000 for the month","content":"<p>U.S. stock index futures gains as headline number for jobs report comes in lighter than expected.</p><p><blockquote>由于就业报告总体数据低于预期，美国股指期货上涨。</blockquote></p><p> At 8:34 a.m. ET, Dow e-minis were up 121 points, or 0.35%, S&amp;P 500 e-minis were up 20.5 points, or 0.45%, and Nasdaq 100 e-minis were up 103.25 points, or 0.65%.</p><p><blockquote>截至美国东部时间上午8:34，道指e-minis上涨121点，涨幅0.35%，标普500 e-minis上涨20.5点，涨幅0.45%，纳斯达克100 e-minis上涨103.25点，涨幅0.65%。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/20c2b6513372a62312316352a7b69eeb\" tg-width=\"404\" tg-height=\"183\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p> The U.S. economy created far fewer jobs than expected in November, before a new Covid threat created a scare that growth could slow into the winter, the Labor Department reported Friday.</p><p><blockquote>美国劳工部周五报告称，11月份美国经济创造的就业机会远低于预期，随后新的新冠疫情威胁引发了人们对增长可能放缓至冬季的担忧。</blockquote></p><p> Nonfarm payrolls increased by just 210,000 for the month, though the unemployment rate fell sharply to 4.2% from 4.6%, even though the labor force participation rate increased for the month to 61.8%, its highest level since March 2020.</p><p><blockquote>当月非农就业人数仅增加21万人，尽管失业率从4.6%大幅降至4.2%，尽管当月劳动力参与率升至61.8%，为2020年3月以来的最高水平。</blockquote></p><p> The Dow Jones estimate was for 573,000 new jobs and a jobless level of 4.5%.</p><p><blockquote>道琼斯估计新增就业岗位573,000个，失业率为4.5%。</blockquote></p><p> <b>Stocks making the biggest moves before the bell:</b></p><p><blockquote><b>盘前涨幅最大的股票：</b></blockquote></p><p> <b>DocuSign(DOCU) </b>- The software stock sank 32% after its&nbsp;fourth-quarter sales guidance came in at a range of $557 million to $563 million. Analysts surveyed by Refinitiv were expecting $573.8 million.</p><p><blockquote><b>DocuSign(DOCU)</b>-该软件股价下跌32%，此前其第四季度销售指引为5.57亿美元至5.63亿美元。Refinitiv调查的分析师预计为5.738亿美元。</blockquote></p><p> <b>Didi Global(DIDI) </b>- Shares of the Chinese ride-hailing firm&nbsp;dropped 10% in premarket trading&nbsp;after Didi announced that it would delist from the New York Stock Exchange and pursue a listing in Hong Kong.</p><p><blockquote><b>滴滴全球(DIDI)</b>-滴滴宣布将从纽约证券交易所退市并寻求在香港上市后，这家中国网约车公司的股价在盘前交易中下跌10%。</blockquote></p><p> <b>Peloton(PTON)</b> - The exercise equipment stock gained 3.7% before the bell following an&nbsp;initiation at buy from Deutsche Bank. The investment firm said that Peloton’s upside now outweighed its risks after a rough stretch for the stock.</p><p><blockquote><b>Peloton(PTON)</b>-德意志银行发起买入后，该运动设备股盘前上涨3.7%。该投资公司表示，在经历了一段艰难时期后，Peloton的上涨空间现在超过了风险。</blockquote></p><p> <b>Moderna(MRNA) </b>- The volatile shares of the vaccine maker jumped 5.8% as the&nbsp;Wall Street Journal&nbsp;reported that the Food and Drug Administration is working toward a quick review process for updated Covid shots.</p><p><blockquote><b>现代（MRNA）</b>–据《华尔街日报》报道，美国食品和药物管理局正在努力对更新的新冠疫苗进行快速审查，该疫苗制造商波动较大的股价上涨了5.8%。</blockquote></p><p> <b>Ulta Beauty(ULTA)</b> - The cosmetics retailer’s stock rose more than 5% after a stronger-than-expected third-quarter report. Ulta earned $3.93 per share on $2 billion in revenue during the quarter. Analysts surveyed by Refinitiv had expected $2.46 per share and $1.88 billion in revenue.</p><p><blockquote><b>Ulta Beauty(ULTA)</b>–在公布强于预期的第三季度报告后，这家化妆品零售商的股价上涨超过5%。Ulta本季度营收20亿美元，每股收益3.93美元。Refinitiv调查的分析师此前预期每股2.46美元，营收18.8亿美元。</blockquote></p><p> <b>Marvell Technology(MRVL)</b> - Shares of the chipmaker jumped 22% in premarket trading after Marvell beat estimates on the top and bottom lines for the third quarter. Marvell reported adjusted earnings of 43 cents per share on $1.21 billion of revenue. Analysts surveyed by Refinitiv were looking for 39 cents per share and $1.15 billion.</p><p><blockquote><b>Marvell技术(MRVL)</b>-Marvell第三季度营收和利润超出预期后，该芯片制造商的股价在盘前交易中上涨22%。Marvell公布调整后每股收益为43美分，营收为12.1亿美元。Refinitiv调查的分析师预计每股收益为39美分，每股收益为11.5亿美元。</blockquote></p><p> <b>Ollie's Bargain Outlet(OLLI) </b>- The discount retail chain's stock dropped 22.8% after Ollie's said supply chain issues led to a disappointing third-quarter report. The company missed estimates for earnings, revenue and comparable sales.</p><p><blockquote><b>奥利特价专卖店(OLLI)</b>-Ollie's表示供应链问题导致第三季度报告令人失望，该折扣零售连锁店股价下跌22.8%。该公司的盈利、收入和可比销售额均未达到预期。</blockquote></p><p> <b>Big Lots(BIG)</b> - The retail stock dipped 2.5% despite Big Lots reporting a narrower-than-expected loss per share for the third quarter. The company said that freight costs would make its full-year margins decline.</p><p><blockquote><b>大批量（Big）</b>-尽管Big Lot报告第三季度每股亏损窄于预期，但零售股仍下跌2.5%。该公司表示，运费成本将使其全年利润率下降。</blockquote></p><p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Toplines Before US Market Open on Friday<blockquote>周五美国市场开盘前的营收</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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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\">\nToplines Before US Market Open on Friday<blockquote>周五美国市场开盘前的营收</blockquote>\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time smaller\">2021-12-03 21:35</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>U.S. stock index futures gains as headline number for jobs report comes in lighter than expected.</p><p><blockquote>由于就业报告总体数据低于预期，美国股指期货上涨。</blockquote></p><p> At 8:34 a.m. ET, Dow e-minis were up 121 points, or 0.35%, S&amp;P 500 e-minis were up 20.5 points, or 0.45%, and Nasdaq 100 e-minis were up 103.25 points, or 0.65%.</p><p><blockquote>截至美国东部时间上午8:34，道指e-minis上涨121点，涨幅0.35%，标普500 e-minis上涨20.5点，涨幅0.45%，纳斯达克100 e-minis上涨103.25点，涨幅0.65%。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/20c2b6513372a62312316352a7b69eeb\" tg-width=\"404\" tg-height=\"183\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p> The U.S. economy created far fewer jobs than expected in November, before a new Covid threat created a scare that growth could slow into the winter, the Labor Department reported Friday.</p><p><blockquote>美国劳工部周五报告称，11月份美国经济创造的就业机会远低于预期，随后新的新冠疫情威胁引发了人们对增长可能放缓至冬季的担忧。</blockquote></p><p> Nonfarm payrolls increased by just 210,000 for the month, though the unemployment rate fell sharply to 4.2% from 4.6%, even though the labor force participation rate increased for the month to 61.8%, its highest level since March 2020.</p><p><blockquote>当月非农就业人数仅增加21万人，尽管失业率从4.6%大幅降至4.2%，尽管当月劳动力参与率升至61.8%，为2020年3月以来的最高水平。</blockquote></p><p> The Dow Jones estimate was for 573,000 new jobs and a jobless level of 4.5%.</p><p><blockquote>道琼斯估计新增就业岗位573,000个，失业率为4.5%。</blockquote></p><p> <b>Stocks making the biggest moves before the bell:</b></p><p><blockquote><b>盘前涨幅最大的股票：</b></blockquote></p><p> <b>DocuSign(DOCU) </b>- The software stock sank 32% after its&nbsp;fourth-quarter sales guidance came in at a range of $557 million to $563 million. Analysts surveyed by Refinitiv were expecting $573.8 million.</p><p><blockquote><b>DocuSign(DOCU)</b>-该软件股价下跌32%，此前其第四季度销售指引为5.57亿美元至5.63亿美元。Refinitiv调查的分析师预计为5.738亿美元。</blockquote></p><p> <b>Didi Global(DIDI) </b>- Shares of the Chinese ride-hailing firm&nbsp;dropped 10% in premarket trading&nbsp;after Didi announced that it would delist from the New York Stock Exchange and pursue a listing in Hong Kong.</p><p><blockquote><b>滴滴全球(DIDI)</b>-滴滴宣布将从纽约证券交易所退市并寻求在香港上市后，这家中国网约车公司的股价在盘前交易中下跌10%。</blockquote></p><p> <b>Peloton(PTON)</b> - The exercise equipment stock gained 3.7% before the bell following an&nbsp;initiation at buy from Deutsche Bank. The investment firm said that Peloton’s upside now outweighed its risks after a rough stretch for the stock.</p><p><blockquote><b>Peloton(PTON)</b>-德意志银行发起买入后，该运动设备股盘前上涨3.7%。该投资公司表示，在经历了一段艰难时期后，Peloton的上涨空间现在超过了风险。</blockquote></p><p> <b>Moderna(MRNA) </b>- The volatile shares of the vaccine maker jumped 5.8% as the&nbsp;Wall Street Journal&nbsp;reported that the Food and Drug Administration is working toward a quick review process for updated Covid shots.</p><p><blockquote><b>现代（MRNA）</b>–据《华尔街日报》报道，美国食品和药物管理局正在努力对更新的新冠疫苗进行快速审查，该疫苗制造商波动较大的股价上涨了5.8%。</blockquote></p><p> <b>Ulta Beauty(ULTA)</b> - The cosmetics retailer’s stock rose more than 5% after a stronger-than-expected third-quarter report. Ulta earned $3.93 per share on $2 billion in revenue during the quarter. Analysts surveyed by Refinitiv had expected $2.46 per share and $1.88 billion in revenue.</p><p><blockquote><b>Ulta Beauty(ULTA)</b>–在公布强于预期的第三季度报告后，这家化妆品零售商的股价上涨超过5%。Ulta本季度营收20亿美元，每股收益3.93美元。Refinitiv调查的分析师此前预期每股2.46美元，营收18.8亿美元。</blockquote></p><p> <b>Marvell Technology(MRVL)</b> - Shares of the chipmaker jumped 22% in premarket trading after Marvell beat estimates on the top and bottom lines for the third quarter. Marvell reported adjusted earnings of 43 cents per share on $1.21 billion of revenue. Analysts surveyed by Refinitiv were looking for 39 cents per share and $1.15 billion.</p><p><blockquote><b>Marvell技术(MRVL)</b>-Marvell第三季度营收和利润超出预期后，该芯片制造商的股价在盘前交易中上涨22%。Marvell公布调整后每股收益为43美分，营收为12.1亿美元。Refinitiv调查的分析师预计每股收益为39美分，每股收益为11.5亿美元。</blockquote></p><p> <b>Ollie's Bargain Outlet(OLLI) </b>- The discount retail chain's stock dropped 22.8% after Ollie's said supply chain issues led to a disappointing third-quarter report. The company missed estimates for earnings, revenue and comparable sales.</p><p><blockquote><b>奥利特价专卖店(OLLI)</b>-Ollie's表示供应链问题导致第三季度报告令人失望，该折扣零售连锁店股价下跌22.8%。该公司的盈利、收入和可比销售额均未达到预期。</blockquote></p><p> <b>Big Lots(BIG)</b> - The retail stock dipped 2.5% despite Big Lots reporting a narrower-than-expected loss per share for the third quarter. The company said that freight costs would make its full-year margins decline.</p><p><blockquote><b>大批量（Big）</b>-尽管Big Lot报告第三季度每股亏损窄于预期，但零售股仍下跌2.5%。该公司表示，运费成本将使其全年利润率下降。</blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯",".SPX":"S&P 500 Index","DIDI":"滴滴(已退市)","DOCU":"Docusign","ULTA":"Ulta美容",".IXIC":"NASDAQ Composite","OLLI":"Ollie's Bargain Outlet Holdings, Inc.","MRVL":"迈威尔科技","PTON":"Peloton Interactive, Inc.","MRNA":"Moderna, Inc."},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1164605320","content_text":"U.S. stock index futures gains as headline number for jobs report comes in lighter than expected.\nAt 8:34 a.m. ET, Dow e-minis were up 121 points, or 0.35%, S&P 500 e-minis were up 20.5 points, or 0.45%, and Nasdaq 100 e-minis were up 103.25 points, or 0.65%.\n\nThe U.S. economy created far fewer jobs than expected in November, before a new Covid threat created a scare that growth could slow into the winter, the Labor Department reported Friday.\nNonfarm payrolls increased by just 210,000 for the month, though the unemployment rate fell sharply to 4.2% from 4.6%, even though the labor force participation rate increased for the month to 61.8%, its highest level since March 2020.\nThe Dow Jones estimate was for 573,000 new jobs and a jobless level of 4.5%.\nStocks making the biggest moves before the bell:\nDocuSign(DOCU) - The software stock sank 32% after its fourth-quarter sales guidance came in at a range of $557 million to $563 million. Analysts surveyed by Refinitiv were expecting $573.8 million.\nDidi Global(DIDI) - Shares of the Chinese ride-hailing firm dropped 10% in premarket trading after Didi announced that it would delist from the New York Stock Exchange and pursue a listing in Hong Kong.\nPeloton(PTON) - The exercise equipment stock gained 3.7% before the bell following an initiation at buy from Deutsche Bank. The investment firm said that Peloton’s upside now outweighed its risks after a rough stretch for the stock.\nModerna(MRNA) - The volatile shares of the vaccine maker jumped 5.8% as the Wall Street Journal reported that the Food and Drug Administration is working toward a quick review process for updated Covid shots.\nUlta Beauty(ULTA) - The cosmetics retailer’s stock rose more than 5% after a stronger-than-expected third-quarter report. Ulta earned $3.93 per share on $2 billion in revenue during the quarter. Analysts surveyed by Refinitiv had expected $2.46 per share and $1.88 billion in revenue.\nMarvell Technology(MRVL) - Shares of the chipmaker jumped 22% in premarket trading after Marvell beat estimates on the top and bottom lines for the third quarter. Marvell reported adjusted earnings of 43 cents per share on $1.21 billion of revenue. Analysts surveyed by Refinitiv were looking for 39 cents per share and $1.15 billion.\nOllie's Bargain Outlet(OLLI) - The discount retail chain's stock dropped 22.8% after Ollie's said supply chain issues led to a disappointing third-quarter report. The company missed estimates for earnings, revenue and comparable sales.\nBig Lots(BIG) - The retail stock dipped 2.5% despite Big Lots reporting a narrower-than-expected loss per share for the third quarter. The company said that freight costs would make its full-year margins decline.","news_type":1,"symbols_score_info":{"ESmain":0.9,".DJI":0.9,"MRNA":0.9,"BIG":0.9,"OLLI":0.9,".IXIC":0.9,"DOCU":0.9,"YMmain":0.9,"MRVL":0.9,"PTON":0.9,"ULTA":0.9,"NQmain":0.9,".SPX":0.9,"DIDI":0.9}},"isVote":1,"tweetType":1,"viewCount":3321,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":603388163,"gmtCreate":1638366440812,"gmtModify":1638532577113,"author":{"id":"4090112389805630","authorId":"4090112389805630","name":"MarkOng","avatar":"https://static.tigerbbs.com/918d105c8f52ec2b407c5fca049c3376","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4090112389805630","idStr":"4090112389805630"},"themes":[],"htmlText":"How can complete post trending ?","listText":"How can complete post trending ?","text":"How can complete post trending ?","images":[],"top":1,"highlighted":2,"essential":1,"paper":1,"likeSize":1,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/603388163","isVote":1,"tweetType":1,"viewCount":3092,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3566385558470298","authorId":"3566385558470298","name":"Venus_M","avatar":"https://static.tigerbbs.com/525433622d774840840ddaacaf2281d2","crmLevel":11,"crmLevelSwitch":0,"authorIdStr":"3566385558470298","idStr":"3566385558470298"},"content":"if you have 10 chats in a post then u will have it complete","text":"if you have 10 chats in a post then u will have it complete","html":"if you have 10 chats in a post then u will have it complete"}],"imageCount":0,"langContent":"CN","totalScore":0},{"id":874484434,"gmtCreate":1637811828619,"gmtModify":1637811828619,"author":{"id":"4090112389805630","authorId":"4090112389805630","name":"MarkOng","avatar":"https://static.tigerbbs.com/918d105c8f52ec2b407c5fca049c3376","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4090112389805630","idStr":"4090112389805630"},"themes":[],"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/874484434","repostId":"1183200074","repostType":4,"repost":{"id":"1183200074","kind":"news","pubTimestamp":1637811543,"share":"https://www.laohu8.com/m/news/1183200074?lang=zh_CN&edition=full","pubTime":"2021-11-25 11:39","market":"us","language":"en","title":"ASML: It's A Leading Semiconductor Player, But Don't Buy Now<blockquote>ASML：它是领先的半导体公司，但现在不要购买</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1183200074","media":"Seeking Alpha","summary":"Summary\n\nASML is supplying the critical extreme ultraviolet lithography machines for the leading-edg","content":"<p><b>Summary</b></p><p><blockquote><b>总结</b></blockquote></p><p> <ul>  <li>ASML is supplying the critical extreme ultraviolet lithography machines for the leading-edge foundries. It has no competitors in this market.</li>  <li>Investors have been willing to pay up for its dominance in this market.</li>  <li>However, its current valuation looks stretched, as growth is expected to slow.</li>  <li>We discuss why we think investors should wait for a deeper retracement first before considering adding exposure.</li> </ul> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/ad6d47b090e53e0f884bb297357356fb\" tg-width=\"1536\" tg-height=\"1024\" referrerpolicy=\"no-referrer\"><span>Sundry Photography/iStock Editorial via Getty Images</span></p><p><blockquote><ul><li>ASML正在为领先的代工厂提供关键的极紫外光刻机。它在这个市场上没有竞争对手。</li><li>投资者愿意为其在这个市场的主导地位买单。</li><li>然而，由于增长预计将放缓，其目前的估值看起来过高。</li><li>我们讨论了为什么我们认为投资者应该先等待更深的回撤，然后再考虑增加敞口。</li></ul><p class=\"t-img-caption\"><span>杂项摄影/iStock社论来自Getty Images</span></p></blockquote></p><p> <b>Investment Thesis</b></p><p><blockquote><b>投资论文</b></blockquote></p><p> ASML Holding N.V. (ASML) is one of the leading players in the wafer fabrication equipment (WFE) market. As the only player capable of manufacturing extreme ultraviolet (EUV) lithography machines, ASML has no competitors in this category. Taiwan Semiconductor (TSM), Samsung (OTC:SSNLF), and Intel (INTC) have to depend on ASML to supply these highly coveted and costly machines. In addition, the secular demand drivers underpinning the 5G ramp, IoT, autonomous vehicles, and high-performance computing will continue to benefit ASML EUV demand.</p><p><blockquote>ASML Holding N.V.(ASML)是晶圆制造设备(WFE)市场的领先企业之一。作为唯一有能力制造极紫外光（EUV）光刻机的玩家，ASML在这一类别中没有竞争对手。台积电(TSM)、三星(OTC：SSNLF)和英特尔(INTC)必须依靠ASML来供应这些令人垂涎且昂贵的机器。此外，支撑5G增长、物联网、自动驾驶汽车和高性能计算的长期需求驱动因素将继续有利于ASML EUV需求。</blockquote></p><p> ASML also telegraphed a backlog that amounted to EUR 19.6B in FQ3, including EUR 11.6B in EUV. Consequently, it has given them revenue visibility until early 2023, as the company continues to add capacity.</p><p><blockquote>ASML还表示，第三季度积压订单金额为19.6 B欧元，其中EUV订单为11.6 B欧元。因此，随着公司继续增加产能，这使他们能够在2023年初之前了解收入。</blockquote></p><p> Nevertheless, we believe that a significant amount of growth premium has been baked into the stock's current valuation. It leaves little margin for error and would require ASML to execute immaculately. While we do not question management's ability to execute, we are also concerned about the potential or a correction due to excess capacity from 2023/24 onwards.</p><p><blockquote>尽管如此，我们认为该股当前的估值中已经包含了大量的增长溢价。它几乎没有出错的余地，并且需要ASML完美地执行。虽然我们不质疑管理层的执行能力，但我们也担心2023/24年起产能过剩的可能性或调整。</blockquote></p><p> <b>ASML Stock YTD Performance</b></p><p><blockquote><b>ASML股票年初至今表现</b></blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/169b4c2f1ad5b898301963a7c316e12e\" tg-width=\"640\" tg-height=\"331\" referrerpolicy=\"no-referrer\"><span>ASML stock YTD performance (as of 23 November 21).</span></p><p><blockquote><p class=\"t-img-caption\"><span>ASML股票年初至今表现（截至21年11月23日）。</span></p></blockquote></p><p> It has been a fabulous year for ASML investors. The stock's momentum has been robust all year as it rode the secular drivers underpinning its industry. Moreover, given its dominance in EUV lithography, investors are willing to continue paying up to own its shares. As a result, ASML stock's YTD gain of 65.6% easily outperformed the Invesco QQQ ETF's (QQQ) YTD return of 26.7%. However, its WFE rival Applied Materials (AMAT) stock is slightly ahead with a YTD gain of 72.5%.</p><p><blockquote>对于ASML投资者来说，这是美妙的一年。该股全年势头强劲，因为它得益于支撑其行业的长期驱动力。此外，鉴于其在EUV光刻领域的主导地位，投资者愿意继续付费持有其股票。因此，ASML股票年初至今65.6%的涨幅轻松超过了景顺QQQ ETF(QQQ)年初至今26.7%的回报率。然而，其WFE竞争对手应用材料公司(AMAT)的股票以72.5%的年初至今涨幅略微领先。</blockquote></p><p> <b>A Strong 2021 for ASML. What about its Prognosis Moving Forward?</b></p><p><blockquote><b>ASML 2021年表现强劲。它的预后如何？</b></blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/2983887c701a83a264bdfae1302ba7c4\" tg-width=\"640\" tg-height=\"350\" referrerpolicy=\"no-referrer\"><span>SEMI 2021 mid-year total equipment forecast by segment. Source: SEMI</span></p><p><blockquote><p class=\"t-img-caption\"><span>按细分市场划分的SEMI 2021年年中设备总量预测。来源：SEMI</span></p></blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/d62038d494d773331d57f45fb3bf07df\" tg-width=\"640\" tg-height=\"396\" referrerpolicy=\"no-referrer\"><span>ASML quarterly revenue &amp; YoY change. Data source: S&amp;P Capital IQ</span></p><p><blockquote><p class=\"t-img-caption\"><span>ASML季度收入和同比变化。数据来源：标普资本智商</span></p></blockquote></p><p> It has been a banner year for the semiconductor industry and the WFE market. SEMI estimated that WFE sales would increase by 33.5% YoY in 2021. ASML guided for its revenue to grow by 35% YoY in FY21. Given the company's solid performance in FQ1-FQ3 so far, we believe that ASML's guidance is highly credible. It's also well in line with the industry's forecasts, so it's highly reasonable as well. Despite the supply chain problems that ASML is facing, it still expects a robust FQ4, guiding for revenue of between EUR 4.9B to EUR 5.2B. CEO Peter Wennink emphasized (edited):</p><p><blockquote>对于半导体行业和WFE市场来说，这是辉煌的一年。SEMI预计2021年WFE销售额将同比增长33.5%。ASML预计2021财年收入同比增长35%。鉴于该公司迄今为止在FQ1-FQ3的稳健表现，我们认为ASML的指引可信度很高。这也非常符合行业的预测，因此也非常合理。尽管ASML面临供应链问题，但它仍然预计第四季度将表现强劲，预计收入在49亿欧元至52亿欧元之间。首席执行官Peter Wennink强调（编辑）：</blockquote></p><p>   <i>We're seeing continued strong demand from our customers across all market segments</i>from both advanced and mature nodes, driving demand across our entire product portfolio. These end market trends are driving strong demand across all market segments and across our entire technology portfolio.  <i>Therefore, we continue to increase our capacity</i>for all of our products to meet customer capacity and technology requirements. (from ASML's FQ3'21 earnings call)  <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/e67ec84e5d14097765f5787d32fe192e\" tg-width=\"640\" tg-height=\"396\" referrerpolicy=\"no-referrer\"><span>ASML share of revenue by technology. Data source: Company filings</span></p><p><blockquote><i>我们看到所有细分市场的客户需求持续强劲</i>来自先进和成熟的节点，推动我们整个产品组合的需求。这些终端市场趋势正在推动所有细分市场和我们整个技术组合的强劲需求。<i>因此，我们不断增加产能</i>使我们所有的产品都能满足客户的产能和技术要求。（摘自ASML 21年第三季度收益看涨期权）<p class=\"t-img-caption\"><span>ASML按技术划分的收入份额。数据来源：公司备案</span></p></blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/3380359fecb47be9aa6ce3c11d93d88d\" tg-width=\"640\" tg-height=\"396\" referrerpolicy=\"no-referrer\"><span>ASML sales count of EUV machines. Data source: Company filings</span></p><p><blockquote><p class=\"t-img-caption\"><span>ASML EUV机器的销售统计。数据来源：公司备案</span></p></blockquote></p><p></p><p> EUV has driven sales for ASML tremendously over the last three years. We can easily glean from the growth cadence of the unit sales, and EUV's share of the revenue. In FQ3, EUV's share of revenue remains influential and consistent at 54%. In addition, its foundry customers have telegraphed their plans to increase CapEx intensity moving forward to support robust underlying demand. Therefore, we believe EUV's share of revenue will remain robust.</p><p><blockquote>过去三年，EUV极大地推动了ASML的销售。我们可以轻松地从单位销售额的增长节奏以及EUV在收入中的份额中收集信息。在第三季度，EUV的收入份额仍然具有影响力且稳定在54%。此外，其代工客户已表示计划提高资本支出强度，以支持强劲的潜在需求。因此，我们认为EUV的收入份额将保持强劲。</blockquote></p><p> Nevertheless, it's also important to note that its DUV systems are critical in driving ASML's revenue. Hence, while the secular demand underpinning EUV's strength is commendable, the concern of overcapacity has been widely discussed along the mature nodes.</p><p><blockquote>然而，同样值得注意的是，其DUV系统对于推动ASML的收入至关重要。因此，虽然支撑EUV实力的长期需求值得称赞，但产能过剩的担忧已在成熟节点上得到广泛讨论。</blockquote></p><p> TSMC CEO C.C. Wei also discussed the possibility of an \"inventory correction\" moving forward. He articulated:</p><p><blockquote>台积电CEO C.C.魏还讨论了未来“库存调整”的可能性。他明确表示：</blockquote></p><p>   Let me say that while we do not rule out the possibility of an inventory correction, but we expect TSMC's capacity remain very tight in 2021 and throughout 2022. This is because of our technology leadership position. And even there's a correction to occur, we believe it could be less volatile for TSMC than previous downturn due to our underlying structural megatrend of 5G-related and HPC applications. (from TSMC's FQ3'21 earnings call)  Hence, TSM recognizes that the potential for excess capacity could affect the trailing nodes much more than leading nodes. However, TSM's CapEx is heavily focused on the leading-edge, as it accounted for 80% of its CapEx investments. Therefore, a potential downturn is less likely to hit the foundry leader significantly.</p><p><blockquote>我想说的是，虽然我们不排除库存调整的可能性，但我们预计台积电的产能在2021年和整个2022年仍然非常紧张。这是因为我们的技术领先地位。即使出现调整，我们相信，由于5G相关和HPC应用的潜在结构性大趋势，台积电的波动性也可能低于之前的低迷时期。（来自台积电21年第三季度收益看涨期权）因此，TSM认识到产能过剩的可能性对落后节点的影响可能比领先节点大得多。然而，TSM的资本支出主要集中在前沿，因为它占其资本支出投资的80%。因此，潜在的低迷不太可能对代工龙头造成重大打击。</blockquote></p><p> In addition, the problems could intensify in the automotive market. TSMC emphasized that it discovered that the automotive supply chain is very complex and challenging to grasp well. CEO C.C. Wei emphasized: \"Let me specifically point it out. The automotive supply chain actually is quite long and complex. It's more complicated than we initially thought.\"</p><p><blockquote>此外，汽车市场的问题可能会加剧。台积电强调，发现汽车供应链非常复杂，很难把握好。首席执行官C.C.魏强调：“让我特别指出一点。汽车供应链实际上是相当长和复杂的。它比我们最初想象的更复杂。”</blockquote></p><p> Even ASML had cautioned that it has also been unable to fully understand the bottlenecks in the supply chain. While the company has attempted its best to model and survey, it hasn't found a viable answer. In response to an analyst's question on the source of the supply bottlenecks, CEO Peter Wennink accentuated (edited):</p><p><blockquote>就连ASML也警告说，它也无法完全了解供应链中的瓶颈。虽然该公司已尽最大努力进行建模和调查，但尚未找到可行的答案。在回答分析师关于供应瓶颈来源的问题时，首席执行官Peter Wennink强调（编辑）：</blockquote></p><p>   <i>So -- and the real answer is we don't know</i>. Because somehow we haven't been able to connect all the dots that actually are the underlying drivers for this demand. There's some rumors out there that the brokers and the distributors are stocking up all the inventory to drive up the prices. I know one thing that the demand for mature, for DUV dry has by far exceeded our expectations. Some of it will be panic ordering by the customers of our customers. But it's too big to just be panic ordering.  <i>So there is this underlying trend that we really don't understand fully.</i>(from ASML's FQ3'21 earnings call)  <b>So, is ASML Stock a Buy Now?</b></p><p><blockquote><i>所以，真正的答案是我们不知道</i>.因为不知何故，我们无法将实际上是这种需求的潜在驱动因素的所有点联系起来。有一些传言说经纪人和分销商正在囤积所有的库存来推高价格。我知道一件事，对DUV dry的成熟需求远远超出了我们的预期。其中一些将是我们客户的客户的恐慌订购。但它太大了，不能只是恐慌订购。<i>所以有一个潜在的趋势，我们真的没有完全理解。</i>（摘自ASML 21年第三季度收益看涨期权）<b>那么，ASML股票现在值得买入吗？</b></blockquote></p><p> Much has been said about ASML's dominance in leading-edge EUV systems and how it will continue to entrench its leadership. But, it may be helpful for investors to remember that its mature nodes systems also drive the company's stock valuation.</p><p><blockquote>关于ASML在领先EUV系统领域的主导地位以及它将如何继续巩固其领导地位，已经说了很多。但是，投资者记住其成熟的节点系统也推动了公司的股票估值可能会有所帮助。</blockquote></p><p> Mordor Intelligence estimates that the&nbsp;EUV market would grow by a CAGR of 15%&nbsp;from 2020 to 2026. Considering ASML's FY21 guidance of 35% YoY growth, ASML expects slower growth ahead even with the capacity ramp. Wennink also suggested that corrections cannot be ruled out, even though he emphasized that it's unlikely to happen soon. He mentioned (edited):</p><p><blockquote>Mordor Intelligence估计，从2020年到2026年，EUV市场将以15%的CAGR增长。考虑到ASML 2021财年同比增长35%的指导，ASML预计即使产能增加，未来增长也会放缓。温宁克还表示，不能排除调整的可能性，尽管他强调这不太可能很快发生。他提到（编辑）：</blockquote></p><p>   Yes. I mean, we have corrections.  <i>We have always seen corrections in our industry. I'm not going to say that they're not there</i>. But we have to look at some of the trends that we're also seeing. And we look at the announcement of the build-out of new capacity. Just refer to the US chip sector, EUR 52 billion, of which EUR 40 billion is for basically to support expansion of capacity. That's going to happen over the next couple of years. It will take 2 to 3 years. So when will this inevitable correction come, I don't think it's likely to come anywhere soon. (from ASML's FQ3'21 earnings call)  <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/fc259fe73c80630f1e3482dab4712cca\" tg-width=\"640\" tg-height=\"396\" referrerpolicy=\"no-referrer\"><span>ASML est. revenue mean consensus. Data source: S&amp;P Capital IQ</span></p><p><blockquote>是的。我是说，我们有修正。<i>我们的行业总是会出现调整。我不会说他们不在那里</i>.但我们必须看看我们也看到的一些趋势。我们关注新产能建设的公告。以美国芯片行业为例，520亿欧元，其中400亿欧元主要用于支持产能扩张。这将在未来几年内发生。需要2到3年的时间。因此，这种不可避免的调整何时到来，我认为它不太可能很快到来。（摘自ASML 21年第三季度收益看涨期权）<p class=\"t-img-caption\"><span>ASML东部时间。收入意味着共识。数据来源：标普资本智商</span></p></blockquote></p><p></p><p> We applaud management for having the confidence to issue long-term guidance of 11% CAGR from 2020 to 2030. Management also provided revenue visibility till FY25, as it expected revenue of between EUR 24B and EUR 30B. Consensus estimates point to revenue of EUR 28.5B, which is at the higher end of ASML's mid-term guidance. Therefore, consensus estimates imply a revenue CAGR of 11.1% over the next four years, aligning with ASML's long-term guidance. Notably, it's also in line with Mordor Intelligence's estimates from FY20. ASML is projected to grow its revenue at a CAGR of 15.3% from FY20 to FY26. Hence, we are confident that the company's revenue guidance and the consensus estimates are well-aligned and credible.</p><p><blockquote>我们赞扬管理层有信心发布2020年至2030年复合年增长率11%的长期指导。管理层还提供了截至2025财年的收入可见性，预计收入在24B欧元至30B欧元之间。市场普遍估计收入为28.5 B欧元，处于ASML中期指导的高端。因此，普遍估计意味着未来四年收入复合年增长率为11.1%，与ASML的长期指导一致。值得注意的是，这也符合Mordor Intelligence对2020财年的估计。ASML预计从2020财年到26财年，其收入将以15.3%的复合年增长率增长。因此，我们相信该公司的收入指引和共识估计是一致且可信的。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/44c022f15bd09540111ab4db82dcff88\" tg-width=\"640\" tg-height=\"396\" referrerpolicy=\"no-referrer\"><span>ASML EV/Fwd EBITDA valuation trend. Data source: S&amp;P Capital IQ</span></p><p><blockquote><p class=\"t-img-caption\"><span>ASML EV/Fwd EBITDA估值趋势。数据来源：标普资本智商</span></p></blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/67bc2b2d8f96dd007a5c727b7b0762c7\" tg-width=\"640\" tg-height=\"384\" referrerpolicy=\"no-referrer\"><span>ASML stock EV/NTM EBITDA 3Y mean.</span></p><p><blockquote><p class=\"t-img-caption\"><span>ASML股票EV/NTM EBITDA 3年平均值。</span></p></blockquote></p><p> We believe the clear revenue runway ahead for ASML has given investors confidence to continue paying a premium for ASML stock. The stock is currently trading at an EV/NTM EBITDA of 35.3x, 31.2% above its 3Y mean of 26.9x.</p><p><blockquote>我们认为，ASML未来清晰的收入跑道让投资者有信心继续为ASML股票支付溢价。该股目前的EV/NTM EBITDA为35.3倍，比3年平均水平26.9倍高出31.2%。</blockquote></p><p> However, ASML stock has found support whenever its NTM EBITDA multiple reached about 32.3x in 2021. The stock is trading at about 9.3% above this support level. Despite that, we are cautious about paying such a high premium for a stock where we consider at least two to three years of EBITDA growth could have been priced in.</p><p><blockquote>然而，当ASML股票在2021年NTM EBITDA倍数达到约32.3倍时，其股票就找到了支撑。该股目前的交易价格比该支撑位高出约9.3%。尽管如此，我们对为一只股票支付如此高的溢价持谨慎态度，因为我们认为至少两到三年的EBITDA增长可能已经被定价。</blockquote></p><p> There is little doubt that ASML stock is a high-quality stock with a clear revenue runway. But, we are careful about paying the current premium asked. Therefore, we encourage investors to wait for a deeper retracement for a safer entry point.</p><p><blockquote>毫无疑问，ASML股票是一只拥有清晰收入跑道的优质股票。但是，我们对支付当前要求的保费很谨慎。因此，我们鼓励投资者等待更深的回撤，以获得更安全的入场点。</blockquote></p><p> Consequently, we<i>rate ASML at Neutral for now</i>. But we may consider adding exposure if we observe a meaningful retracement.</p><p><blockquote>因此，我们<i>目前将ASML评级为中性</i>.但如果我们观察到有意义的回撤，我们可能会考虑增加敞口。</blockquote></p><p> Written by&nbsp;JR Research</p><p><blockquote>作者：JR Research</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>ASML: It's A Leading Semiconductor Player, But Don't Buy Now<blockquote>ASML：它是领先的半导体公司，但现在不要购买</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\">\nASML: It's A Leading Semiconductor Player, But Don't Buy Now<blockquote>ASML：它是领先的半导体公司，但现在不要购买</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\">2021-11-25 11:39</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>ASML is supplying the critical extreme ultraviolet lithography machines for the leading-edge foundries. It has no competitors in this market.</li>  <li>Investors have been willing to pay up for its dominance in this market.</li>  <li>However, its current valuation looks stretched, as growth is expected to slow.</li>  <li>We discuss why we think investors should wait for a deeper retracement first before considering adding exposure.</li> </ul> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/ad6d47b090e53e0f884bb297357356fb\" tg-width=\"1536\" tg-height=\"1024\" referrerpolicy=\"no-referrer\"><span>Sundry Photography/iStock Editorial via Getty Images</span></p><p><blockquote><ul><li>ASML正在为领先的代工厂提供关键的极紫外光刻机。它在这个市场上没有竞争对手。</li><li>投资者愿意为其在这个市场的主导地位买单。</li><li>然而，由于增长预计将放缓，其目前的估值看起来过高。</li><li>我们讨论了为什么我们认为投资者应该先等待更深的回撤，然后再考虑增加敞口。</li></ul><p class=\"t-img-caption\"><span>杂项摄影/iStock社论来自Getty Images</span></p></blockquote></p><p> <b>Investment Thesis</b></p><p><blockquote><b>投资论文</b></blockquote></p><p> ASML Holding N.V. (ASML) is one of the leading players in the wafer fabrication equipment (WFE) market. As the only player capable of manufacturing extreme ultraviolet (EUV) lithography machines, ASML has no competitors in this category. Taiwan Semiconductor (TSM), Samsung (OTC:SSNLF), and Intel (INTC) have to depend on ASML to supply these highly coveted and costly machines. In addition, the secular demand drivers underpinning the 5G ramp, IoT, autonomous vehicles, and high-performance computing will continue to benefit ASML EUV demand.</p><p><blockquote>ASML Holding N.V.(ASML)是晶圆制造设备(WFE)市场的领先企业之一。作为唯一有能力制造极紫外光（EUV）光刻机的玩家，ASML在这一类别中没有竞争对手。台积电(TSM)、三星(OTC：SSNLF)和英特尔(INTC)必须依靠ASML来供应这些令人垂涎且昂贵的机器。此外，支撑5G增长、物联网、自动驾驶汽车和高性能计算的长期需求驱动因素将继续有利于ASML EUV需求。</blockquote></p><p> ASML also telegraphed a backlog that amounted to EUR 19.6B in FQ3, including EUR 11.6B in EUV. Consequently, it has given them revenue visibility until early 2023, as the company continues to add capacity.</p><p><blockquote>ASML还表示，第三季度积压订单金额为19.6 B欧元，其中EUV订单为11.6 B欧元。因此，随着公司继续增加产能，这使他们能够在2023年初之前了解收入。</blockquote></p><p> Nevertheless, we believe that a significant amount of growth premium has been baked into the stock's current valuation. It leaves little margin for error and would require ASML to execute immaculately. While we do not question management's ability to execute, we are also concerned about the potential or a correction due to excess capacity from 2023/24 onwards.</p><p><blockquote>尽管如此，我们认为该股当前的估值中已经包含了大量的增长溢价。它几乎没有出错的余地，并且需要ASML完美地执行。虽然我们不质疑管理层的执行能力，但我们也担心2023/24年起产能过剩的可能性或调整。</blockquote></p><p> <b>ASML Stock YTD Performance</b></p><p><blockquote><b>ASML股票年初至今表现</b></blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/169b4c2f1ad5b898301963a7c316e12e\" tg-width=\"640\" tg-height=\"331\" referrerpolicy=\"no-referrer\"><span>ASML stock YTD performance (as of 23 November 21).</span></p><p><blockquote><p class=\"t-img-caption\"><span>ASML股票年初至今表现（截至21年11月23日）。</span></p></blockquote></p><p> It has been a fabulous year for ASML investors. The stock's momentum has been robust all year as it rode the secular drivers underpinning its industry. Moreover, given its dominance in EUV lithography, investors are willing to continue paying up to own its shares. As a result, ASML stock's YTD gain of 65.6% easily outperformed the Invesco QQQ ETF's (QQQ) YTD return of 26.7%. However, its WFE rival Applied Materials (AMAT) stock is slightly ahead with a YTD gain of 72.5%.</p><p><blockquote>对于ASML投资者来说，这是美妙的一年。该股全年势头强劲，因为它得益于支撑其行业的长期驱动力。此外，鉴于其在EUV光刻领域的主导地位，投资者愿意继续付费持有其股票。因此，ASML股票年初至今65.6%的涨幅轻松超过了景顺QQQ ETF(QQQ)年初至今26.7%的回报率。然而，其WFE竞争对手应用材料公司(AMAT)的股票以72.5%的年初至今涨幅略微领先。</blockquote></p><p> <b>A Strong 2021 for ASML. What about its Prognosis Moving Forward?</b></p><p><blockquote><b>ASML 2021年表现强劲。它的预后如何？</b></blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/2983887c701a83a264bdfae1302ba7c4\" tg-width=\"640\" tg-height=\"350\" referrerpolicy=\"no-referrer\"><span>SEMI 2021 mid-year total equipment forecast by segment. Source: SEMI</span></p><p><blockquote><p class=\"t-img-caption\"><span>按细分市场划分的SEMI 2021年年中设备总量预测。来源：SEMI</span></p></blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/d62038d494d773331d57f45fb3bf07df\" tg-width=\"640\" tg-height=\"396\" referrerpolicy=\"no-referrer\"><span>ASML quarterly revenue &amp; YoY change. Data source: S&amp;P Capital IQ</span></p><p><blockquote><p class=\"t-img-caption\"><span>ASML季度收入和同比变化。数据来源：标普资本智商</span></p></blockquote></p><p> It has been a banner year for the semiconductor industry and the WFE market. SEMI estimated that WFE sales would increase by 33.5% YoY in 2021. ASML guided for its revenue to grow by 35% YoY in FY21. Given the company's solid performance in FQ1-FQ3 so far, we believe that ASML's guidance is highly credible. It's also well in line with the industry's forecasts, so it's highly reasonable as well. Despite the supply chain problems that ASML is facing, it still expects a robust FQ4, guiding for revenue of between EUR 4.9B to EUR 5.2B. CEO Peter Wennink emphasized (edited):</p><p><blockquote>对于半导体行业和WFE市场来说，这是辉煌的一年。SEMI预计2021年WFE销售额将同比增长33.5%。ASML预计2021财年收入同比增长35%。鉴于该公司迄今为止在FQ1-FQ3的稳健表现，我们认为ASML的指引可信度很高。这也非常符合行业的预测，因此也非常合理。尽管ASML面临供应链问题，但它仍然预计第四季度将表现强劲，预计收入在49亿欧元至52亿欧元之间。首席执行官Peter Wennink强调（编辑）：</blockquote></p><p>   <i>We're seeing continued strong demand from our customers across all market segments</i>from both advanced and mature nodes, driving demand across our entire product portfolio. These end market trends are driving strong demand across all market segments and across our entire technology portfolio.  <i>Therefore, we continue to increase our capacity</i>for all of our products to meet customer capacity and technology requirements. (from ASML's FQ3'21 earnings call)  <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/e67ec84e5d14097765f5787d32fe192e\" tg-width=\"640\" tg-height=\"396\" referrerpolicy=\"no-referrer\"><span>ASML share of revenue by technology. Data source: Company filings</span></p><p><blockquote><i>我们看到所有细分市场的客户需求持续强劲</i>来自先进和成熟的节点，推动我们整个产品组合的需求。这些终端市场趋势正在推动所有细分市场和我们整个技术组合的强劲需求。<i>因此，我们不断增加产能</i>使我们所有的产品都能满足客户的产能和技术要求。（摘自ASML 21年第三季度收益看涨期权）<p class=\"t-img-caption\"><span>ASML按技术划分的收入份额。数据来源：公司备案</span></p></blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/3380359fecb47be9aa6ce3c11d93d88d\" tg-width=\"640\" tg-height=\"396\" referrerpolicy=\"no-referrer\"><span>ASML sales count of EUV machines. Data source: Company filings</span></p><p><blockquote><p class=\"t-img-caption\"><span>ASML EUV机器的销售统计。数据来源：公司备案</span></p></blockquote></p><p></p><p> EUV has driven sales for ASML tremendously over the last three years. We can easily glean from the growth cadence of the unit sales, and EUV's share of the revenue. In FQ3, EUV's share of revenue remains influential and consistent at 54%. In addition, its foundry customers have telegraphed their plans to increase CapEx intensity moving forward to support robust underlying demand. Therefore, we believe EUV's share of revenue will remain robust.</p><p><blockquote>过去三年，EUV极大地推动了ASML的销售。我们可以轻松地从单位销售额的增长节奏以及EUV在收入中的份额中收集信息。在第三季度，EUV的收入份额仍然具有影响力且稳定在54%。此外，其代工客户已表示计划提高资本支出强度，以支持强劲的潜在需求。因此，我们认为EUV的收入份额将保持强劲。</blockquote></p><p> Nevertheless, it's also important to note that its DUV systems are critical in driving ASML's revenue. Hence, while the secular demand underpinning EUV's strength is commendable, the concern of overcapacity has been widely discussed along the mature nodes.</p><p><blockquote>然而，同样值得注意的是，其DUV系统对于推动ASML的收入至关重要。因此，虽然支撑EUV实力的长期需求值得称赞，但产能过剩的担忧已在成熟节点上得到广泛讨论。</blockquote></p><p> TSMC CEO C.C. Wei also discussed the possibility of an \"inventory correction\" moving forward. He articulated:</p><p><blockquote>台积电CEO C.C.魏还讨论了未来“库存调整”的可能性。他明确表示：</blockquote></p><p>   Let me say that while we do not rule out the possibility of an inventory correction, but we expect TSMC's capacity remain very tight in 2021 and throughout 2022. This is because of our technology leadership position. And even there's a correction to occur, we believe it could be less volatile for TSMC than previous downturn due to our underlying structural megatrend of 5G-related and HPC applications. (from TSMC's FQ3'21 earnings call)  Hence, TSM recognizes that the potential for excess capacity could affect the trailing nodes much more than leading nodes. However, TSM's CapEx is heavily focused on the leading-edge, as it accounted for 80% of its CapEx investments. Therefore, a potential downturn is less likely to hit the foundry leader significantly.</p><p><blockquote>我想说的是，虽然我们不排除库存调整的可能性，但我们预计台积电的产能在2021年和整个2022年仍然非常紧张。这是因为我们的技术领先地位。即使出现调整，我们相信，由于5G相关和HPC应用的潜在结构性大趋势，台积电的波动性也可能低于之前的低迷时期。（来自台积电21年第三季度收益看涨期权）因此，TSM认识到产能过剩的可能性对落后节点的影响可能比领先节点大得多。然而，TSM的资本支出主要集中在前沿，因为它占其资本支出投资的80%。因此，潜在的低迷不太可能对代工龙头造成重大打击。</blockquote></p><p> In addition, the problems could intensify in the automotive market. TSMC emphasized that it discovered that the automotive supply chain is very complex and challenging to grasp well. CEO C.C. Wei emphasized: \"Let me specifically point it out. The automotive supply chain actually is quite long and complex. It's more complicated than we initially thought.\"</p><p><blockquote>此外，汽车市场的问题可能会加剧。台积电强调，发现汽车供应链非常复杂，很难把握好。首席执行官C.C.魏强调：“让我特别指出一点。汽车供应链实际上是相当长和复杂的。它比我们最初想象的更复杂。”</blockquote></p><p> Even ASML had cautioned that it has also been unable to fully understand the bottlenecks in the supply chain. While the company has attempted its best to model and survey, it hasn't found a viable answer. In response to an analyst's question on the source of the supply bottlenecks, CEO Peter Wennink accentuated (edited):</p><p><blockquote>就连ASML也警告说，它也无法完全了解供应链中的瓶颈。虽然该公司已尽最大努力进行建模和调查，但尚未找到可行的答案。在回答分析师关于供应瓶颈来源的问题时，首席执行官Peter Wennink强调（编辑）：</blockquote></p><p>   <i>So -- and the real answer is we don't know</i>. Because somehow we haven't been able to connect all the dots that actually are the underlying drivers for this demand. There's some rumors out there that the brokers and the distributors are stocking up all the inventory to drive up the prices. I know one thing that the demand for mature, for DUV dry has by far exceeded our expectations. Some of it will be panic ordering by the customers of our customers. But it's too big to just be panic ordering.  <i>So there is this underlying trend that we really don't understand fully.</i>(from ASML's FQ3'21 earnings call)  <b>So, is ASML Stock a Buy Now?</b></p><p><blockquote><i>所以，真正的答案是我们不知道</i>.因为不知何故，我们无法将实际上是这种需求的潜在驱动因素的所有点联系起来。有一些传言说经纪人和分销商正在囤积所有的库存来推高价格。我知道一件事，对DUV dry的成熟需求远远超出了我们的预期。其中一些将是我们客户的客户的恐慌订购。但它太大了，不能只是恐慌订购。<i>所以有一个潜在的趋势，我们真的没有完全理解。</i>（摘自ASML 21年第三季度收益看涨期权）<b>那么，ASML股票现在值得买入吗？</b></blockquote></p><p> Much has been said about ASML's dominance in leading-edge EUV systems and how it will continue to entrench its leadership. But, it may be helpful for investors to remember that its mature nodes systems also drive the company's stock valuation.</p><p><blockquote>关于ASML在领先EUV系统领域的主导地位以及它将如何继续巩固其领导地位，已经说了很多。但是，投资者记住其成熟的节点系统也推动了公司的股票估值可能会有所帮助。</blockquote></p><p> Mordor Intelligence estimates that the&nbsp;EUV market would grow by a CAGR of 15%&nbsp;from 2020 to 2026. Considering ASML's FY21 guidance of 35% YoY growth, ASML expects slower growth ahead even with the capacity ramp. Wennink also suggested that corrections cannot be ruled out, even though he emphasized that it's unlikely to happen soon. He mentioned (edited):</p><p><blockquote>Mordor Intelligence估计，从2020年到2026年，EUV市场将以15%的CAGR增长。考虑到ASML 2021财年同比增长35%的指导，ASML预计即使产能增加，未来增长也会放缓。温宁克还表示，不能排除调整的可能性，尽管他强调这不太可能很快发生。他提到（编辑）：</blockquote></p><p>   Yes. I mean, we have corrections.  <i>We have always seen corrections in our industry. I'm not going to say that they're not there</i>. But we have to look at some of the trends that we're also seeing. And we look at the announcement of the build-out of new capacity. Just refer to the US chip sector, EUR 52 billion, of which EUR 40 billion is for basically to support expansion of capacity. That's going to happen over the next couple of years. It will take 2 to 3 years. So when will this inevitable correction come, I don't think it's likely to come anywhere soon. (from ASML's FQ3'21 earnings call)  <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/fc259fe73c80630f1e3482dab4712cca\" tg-width=\"640\" tg-height=\"396\" referrerpolicy=\"no-referrer\"><span>ASML est. revenue mean consensus. Data source: S&amp;P Capital IQ</span></p><p><blockquote>是的。我是说，我们有修正。<i>我们的行业总是会出现调整。我不会说他们不在那里</i>.但我们必须看看我们也看到的一些趋势。我们关注新产能建设的公告。以美国芯片行业为例，520亿欧元，其中400亿欧元主要用于支持产能扩张。这将在未来几年内发生。需要2到3年的时间。因此，这种不可避免的调整何时到来，我认为它不太可能很快到来。（摘自ASML 21年第三季度收益看涨期权）<p class=\"t-img-caption\"><span>ASML东部时间。收入意味着共识。数据来源：标普资本智商</span></p></blockquote></p><p></p><p> We applaud management for having the confidence to issue long-term guidance of 11% CAGR from 2020 to 2030. Management also provided revenue visibility till FY25, as it expected revenue of between EUR 24B and EUR 30B. Consensus estimates point to revenue of EUR 28.5B, which is at the higher end of ASML's mid-term guidance. Therefore, consensus estimates imply a revenue CAGR of 11.1% over the next four years, aligning with ASML's long-term guidance. Notably, it's also in line with Mordor Intelligence's estimates from FY20. ASML is projected to grow its revenue at a CAGR of 15.3% from FY20 to FY26. Hence, we are confident that the company's revenue guidance and the consensus estimates are well-aligned and credible.</p><p><blockquote>我们赞扬管理层有信心发布2020年至2030年复合年增长率11%的长期指导。管理层还提供了截至2025财年的收入可见性，预计收入在24B欧元至30B欧元之间。市场普遍估计收入为28.5 B欧元，处于ASML中期指导的高端。因此，普遍估计意味着未来四年收入复合年增长率为11.1%，与ASML的长期指导一致。值得注意的是，这也符合Mordor Intelligence对2020财年的估计。ASML预计从2020财年到26财年，其收入将以15.3%的复合年增长率增长。因此，我们相信该公司的收入指引和共识估计是一致且可信的。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/44c022f15bd09540111ab4db82dcff88\" tg-width=\"640\" tg-height=\"396\" referrerpolicy=\"no-referrer\"><span>ASML EV/Fwd EBITDA valuation trend. Data source: S&amp;P Capital IQ</span></p><p><blockquote><p class=\"t-img-caption\"><span>ASML EV/Fwd EBITDA估值趋势。数据来源：标普资本智商</span></p></blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/67bc2b2d8f96dd007a5c727b7b0762c7\" tg-width=\"640\" tg-height=\"384\" referrerpolicy=\"no-referrer\"><span>ASML stock EV/NTM EBITDA 3Y mean.</span></p><p><blockquote><p class=\"t-img-caption\"><span>ASML股票EV/NTM EBITDA 3年平均值。</span></p></blockquote></p><p> We believe the clear revenue runway ahead for ASML has given investors confidence to continue paying a premium for ASML stock. The stock is currently trading at an EV/NTM EBITDA of 35.3x, 31.2% above its 3Y mean of 26.9x.</p><p><blockquote>我们认为，ASML未来清晰的收入跑道让投资者有信心继续为ASML股票支付溢价。该股目前的EV/NTM EBITDA为35.3倍，比3年平均水平26.9倍高出31.2%。</blockquote></p><p> However, ASML stock has found support whenever its NTM EBITDA multiple reached about 32.3x in 2021. The stock is trading at about 9.3% above this support level. Despite that, we are cautious about paying such a high premium for a stock where we consider at least two to three years of EBITDA growth could have been priced in.</p><p><blockquote>然而，当ASML股票在2021年NTM EBITDA倍数达到约32.3倍时，其股票就找到了支撑。该股目前的交易价格比该支撑位高出约9.3%。尽管如此，我们对为一只股票支付如此高的溢价持谨慎态度，因为我们认为至少两到三年的EBITDA增长可能已经被定价。</blockquote></p><p> There is little doubt that ASML stock is a high-quality stock with a clear revenue runway. But, we are careful about paying the current premium asked. Therefore, we encourage investors to wait for a deeper retracement for a safer entry point.</p><p><blockquote>毫无疑问，ASML股票是一只拥有清晰收入跑道的优质股票。但是，我们对支付当前要求的保费很谨慎。因此，我们鼓励投资者等待更深的回撤，以获得更安全的入场点。</blockquote></p><p> Consequently, we<i>rate ASML at Neutral for now</i>. But we may consider adding exposure if we observe a meaningful retracement.</p><p><blockquote>因此，我们<i>目前将ASML评级为中性</i>.但如果我们观察到有意义的回撤，我们可能会考虑增加敞口。</blockquote></p><p> Written by&nbsp;JR Research</p><p><blockquote>作者：JR Research</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://seekingalpha.com/article/4471867-asml-stock-leading-semiconductor-player-valuation-looks-stretched\">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":{"ASML":"阿斯麦"},"source_url":"https://seekingalpha.com/article/4471867-asml-stock-leading-semiconductor-player-valuation-looks-stretched","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1183200074","content_text":"Summary\n\nASML is supplying the critical extreme ultraviolet lithography machines for the leading-edge foundries. It has no competitors in this market.\nInvestors have been willing to pay up for its dominance in this market.\nHowever, its current valuation looks stretched, as growth is expected to slow.\nWe discuss why we think investors should wait for a deeper retracement first before considering adding exposure.\n\nSundry Photography/iStock Editorial via Getty Images\nInvestment Thesis\nASML Holding N.V. (ASML) is one of the leading players in the wafer fabrication equipment (WFE) market. As the only player capable of manufacturing extreme ultraviolet (EUV) lithography machines, ASML has no competitors in this category. Taiwan Semiconductor (TSM), Samsung (OTC:SSNLF), and Intel (INTC) have to depend on ASML to supply these highly coveted and costly machines. In addition, the secular demand drivers underpinning the 5G ramp, IoT, autonomous vehicles, and high-performance computing will continue to benefit ASML EUV demand.\nASML also telegraphed a backlog that amounted to EUR 19.6B in FQ3, including EUR 11.6B in EUV. Consequently, it has given them revenue visibility until early 2023, as the company continues to add capacity.\nNevertheless, we believe that a significant amount of growth premium has been baked into the stock's current valuation. It leaves little margin for error and would require ASML to execute immaculately. While we do not question management's ability to execute, we are also concerned about the potential or a correction due to excess capacity from 2023/24 onwards.\nASML Stock YTD Performance\nASML stock YTD performance (as of 23 November 21).\nIt has been a fabulous year for ASML investors. The stock's momentum has been robust all year as it rode the secular drivers underpinning its industry. Moreover, given its dominance in EUV lithography, investors are willing to continue paying up to own its shares. As a result, ASML stock's YTD gain of 65.6% easily outperformed the Invesco QQQ ETF's (QQQ) YTD return of 26.7%. However, its WFE rival Applied Materials (AMAT) stock is slightly ahead with a YTD gain of 72.5%.\nA Strong 2021 for ASML. What about its Prognosis Moving Forward?\nSEMI 2021 mid-year total equipment forecast by segment. Source: SEMI\nASML quarterly revenue & YoY change. Data source: S&P Capital IQ\nIt has been a banner year for the semiconductor industry and the WFE market. SEMI estimated that WFE sales would increase by 33.5% YoY in 2021. ASML guided for its revenue to grow by 35% YoY in FY21. Given the company's solid performance in FQ1-FQ3 so far, we believe that ASML's guidance is highly credible. It's also well in line with the industry's forecasts, so it's highly reasonable as well. Despite the supply chain problems that ASML is facing, it still expects a robust FQ4, guiding for revenue of between EUR 4.9B to EUR 5.2B. CEO Peter Wennink emphasized (edited):\n\nWe're seeing continued strong demand from our customers across all market segmentsfrom both advanced and mature nodes, driving demand across our entire product portfolio. These end market trends are driving strong demand across all market segments and across our entire technology portfolio.\n Therefore, we continue to increase our capacityfor all of our products to meet customer capacity and technology requirements. (from ASML's FQ3'21 earnings call)\n\nASML share of revenue by technology. Data source: Company filings\nASML sales count of EUV machines. Data source: Company filings\nEUV has driven sales for ASML tremendously over the last three years. We can easily glean from the growth cadence of the unit sales, and EUV's share of the revenue. In FQ3, EUV's share of revenue remains influential and consistent at 54%. In addition, its foundry customers have telegraphed their plans to increase CapEx intensity moving forward to support robust underlying demand. Therefore, we believe EUV's share of revenue will remain robust.\nNevertheless, it's also important to note that its DUV systems are critical in driving ASML's revenue. Hence, while the secular demand underpinning EUV's strength is commendable, the concern of overcapacity has been widely discussed along the mature nodes.\nTSMC CEO C.C. Wei also discussed the possibility of an \"inventory correction\" moving forward. He articulated:\n\n Let me say that while we do not rule out the possibility of an inventory correction, but we expect TSMC's capacity remain very tight in 2021 and throughout 2022. This is because of our technology leadership position. And even there's a correction to occur, we believe it could be less volatile for TSMC than previous downturn due to our underlying structural megatrend of 5G-related and HPC applications. (from TSMC's FQ3'21 earnings call)\n\nHence, TSM recognizes that the potential for excess capacity could affect the trailing nodes much more than leading nodes. However, TSM's CapEx is heavily focused on the leading-edge, as it accounted for 80% of its CapEx investments. Therefore, a potential downturn is less likely to hit the foundry leader significantly.\nIn addition, the problems could intensify in the automotive market. TSMC emphasized that it discovered that the automotive supply chain is very complex and challenging to grasp well. CEO C.C. Wei emphasized: \"Let me specifically point it out. The automotive supply chain actually is quite long and complex. It's more complicated than we initially thought.\"\nEven ASML had cautioned that it has also been unable to fully understand the bottlenecks in the supply chain. While the company has attempted its best to model and survey, it hasn't found a viable answer. In response to an analyst's question on the source of the supply bottlenecks, CEO Peter Wennink accentuated (edited):\n\nSo -- and the real answer is we don't know. Because somehow we haven't been able to connect all the dots that actually are the underlying drivers for this demand. There's some rumors out there that the brokers and the distributors are stocking up all the inventory to drive up the prices. I know one thing that the demand for mature, for DUV dry has by far exceeded our expectations. Some of it will be panic ordering by the customers of our customers. But it's too big to just be panic ordering.\n So there is this underlying trend that we really don't understand fully.(from ASML's FQ3'21 earnings call)\n\nSo, is ASML Stock a Buy Now?\nMuch has been said about ASML's dominance in leading-edge EUV systems and how it will continue to entrench its leadership. But, it may be helpful for investors to remember that its mature nodes systems also drive the company's stock valuation.\nMordor Intelligence estimates that the EUV market would grow by a CAGR of 15% from 2020 to 2026. Considering ASML's FY21 guidance of 35% YoY growth, ASML expects slower growth ahead even with the capacity ramp. Wennink also suggested that corrections cannot be ruled out, even though he emphasized that it's unlikely to happen soon. He mentioned (edited):\n\n Yes. I mean, we have corrections.\n We have always seen corrections in our industry. I'm not going to say that they're not there. But we have to look at some of the trends that we're also seeing. And we look at the announcement of the build-out of new capacity. Just refer to the US chip sector, EUR 52 billion, of which EUR 40 billion is for basically to support expansion of capacity. That's going to happen over the next couple of years. It will take 2 to 3 years. So when will this inevitable correction come, I don't think it's likely to come anywhere soon. (from ASML's FQ3'21 earnings call)\n\nASML est. revenue mean consensus. Data source: S&P Capital IQ\nWe applaud management for having the confidence to issue long-term guidance of 11% CAGR from 2020 to 2030. Management also provided revenue visibility till FY25, as it expected revenue of between EUR 24B and EUR 30B. Consensus estimates point to revenue of EUR 28.5B, which is at the higher end of ASML's mid-term guidance. Therefore, consensus estimates imply a revenue CAGR of 11.1% over the next four years, aligning with ASML's long-term guidance. Notably, it's also in line with Mordor Intelligence's estimates from FY20. ASML is projected to grow its revenue at a CAGR of 15.3% from FY20 to FY26. Hence, we are confident that the company's revenue guidance and the consensus estimates are well-aligned and credible.\nASML EV/Fwd EBITDA valuation trend. Data source: S&P Capital IQ\nASML stock EV/NTM EBITDA 3Y mean.\nWe believe the clear revenue runway ahead for ASML has given investors confidence to continue paying a premium for ASML stock. The stock is currently trading at an EV/NTM EBITDA of 35.3x, 31.2% above its 3Y mean of 26.9x.\nHowever, ASML stock has found support whenever its NTM EBITDA multiple reached about 32.3x in 2021. The stock is trading at about 9.3% above this support level. Despite that, we are cautious about paying such a high premium for a stock where we consider at least two to three years of EBITDA growth could have been priced in.\nThere is little doubt that ASML stock is a high-quality stock with a clear revenue runway. But, we are careful about paying the current premium asked. Therefore, we encourage investors to wait for a deeper retracement for a safer entry point.\nConsequently, werate ASML at Neutral for now. But we may consider adding exposure if we observe a meaningful retracement.\nWritten by JR Research","news_type":1,"symbols_score_info":{"ASML":0.9}},"isVote":1,"tweetType":1,"viewCount":2603,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":874417311,"gmtCreate":1637810624332,"gmtModify":1637810624332,"author":{"id":"4090112389805630","authorId":"4090112389805630","name":"MarkOng","avatar":"https://static.tigerbbs.com/918d105c8f52ec2b407c5fca049c3376","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4090112389805630","idStr":"4090112389805630"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/HST.SI\">$Lion-OCBC Sec HSTECH S$(HST.SI)$</a>up","listText":"<a href=\"https://laohu8.com/S/HST.SI\">$Lion-OCBC Sec HSTECH S$(HST.SI)$</a>up","text":"$Lion-OCBC Sec HSTECH S$(HST.SI)$up","images":[{"img":"https://static.tigerbbs.com/6029bf57c3fcbb8be7dcd9177798cfc2","width":"1125","height":"2316"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/874417311","isVote":1,"tweetType":1,"viewCount":2631,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"CN","totalScore":0},{"id":875010963,"gmtCreate":1637586645160,"gmtModify":1637586645160,"author":{"id":"4090112389805630","authorId":"4090112389805630","name":"MarkOng","avatar":"https://static.tigerbbs.com/918d105c8f52ec2b407c5fca049c3376","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4090112389805630","idStr":"4090112389805630"},"themes":[],"htmlText":"Don’t know coin can up again ?","listText":"Don’t know coin can up again ?","text":"Don’t know coin can up again ?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/875010963","repostId":"1114015506","repostType":4,"isVote":1,"tweetType":1,"viewCount":2088,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":876024373,"gmtCreate":1637246156709,"gmtModify":1637246156709,"author":{"id":"4090112389805630","authorId":"4090112389805630","name":"MarkOng","avatar":"https://static.tigerbbs.com/918d105c8f52ec2b407c5fca049c3376","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4090112389805630","idStr":"4090112389805630"},"themes":[],"htmlText":"👍","listText":"👍","text":"👍","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/876024373","repostId":"1140578715","repostType":4,"repost":{"id":"1140578715","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":1637246010,"share":"https://www.laohu8.com/m/news/1140578715?lang=zh_CN&edition=full","pubTime":"2021-11-18 22:33","market":"us","language":"en","title":"S&P 500 rises slightly led by tech shares as Nvidia soars<blockquote>英伟达飙升，科技股领涨标普500小幅上涨</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1140578715","media":"Tiger Newspress","summary":"The S&P 500 and the Nasdaq indexes opened higher on Thursday as chipmaker Nvidia rallied on robust t","content":"<p>The S&amp;P 500 and the Nasdaq indexes opened higher on Thursday as chipmaker Nvidia rallied on robust third-quarter results, while a fresh batch of positive retail earnings indicated strength in consumer spending against the backdrop of rising inflation.</p><p><blockquote>标普500和纳斯达克指数周四高开，芯片制造商英伟达因强劲的第三季度业绩而上涨，而新一批积极的零售收益表明，在通胀上升的背景下，消费者支出强劲。</blockquote></p><p> The Dow Jones Industrial Average(.DJI)fell 29.36 points, or 0.08%, at the open to 35,901.69.</p><p><blockquote>道琼斯工业平均指数(.DJI)开盘下跌29.36点，跌幅0.08%，至35,901.69点。</blockquote></p><p> The S&amp;P 500(.SPX)opened higher by 12.05 points, or 0.26%, at 4,700.72, while the Nasdaq Composite(.IXIC)gained 51.82 points, or 0.33%, to 15,973.40 at the opening bell.</p><p><blockquote>标普500(.SPX)开盘上涨12.05点，涨幅0.26%，至4,700.72点，而纳斯达克综合指数(.IXIC)开盘上涨51.82点，涨幅0.33%，至15,973.40点。</blockquote></p><p> Nvidia&nbsp;shares popped more than 8% afterbeating on the top and bottom linesof its quarterly results and issued a bullish revenue forecast for the current quarter ending in January. The chipmaker reporter a 55% gain in data center sales from the same period a year ago and its biggest market, gaming, reported a 42% sales increase.</p><p><blockquote>英伟达(Nvidia)的季度业绩营收和利润均超出预期，并发布了截至1月份的本季度的乐观收入预测，股价上涨了8%以上。这家芯片制造商报告称，数据中心销售额较去年同期增长了55%，其最大的市场游戏销售额增长了42%。</blockquote></p><p> Those gains helped lift other chip stocks trading. Advanced Micro Devices gained nearly 3%. Skyworks and Micron Technology added more than 1%. Separately, GlobalFoundries jumped more than 8% after revealing itentered a partnership with Fordto help the automaker increase its chip supply.</p><p><blockquote>这些涨幅帮助提振了其他芯片股的交易。Advanced Micro Devices上涨近3%。Skyworks和美光科技涨幅超过1%。另外，GlobalFoundries在透露与福特建立合作伙伴关系以帮助该汽车制造商增加芯片供应后，股价上涨超过8%。</blockquote></p><p> Retail continued its big earnings week. Shares of Macy’s and Kohl’s kicked the day off jumping 15% and 8%, respectively. Both companies smashed quarterly profit and revenue estimates, much like its peers who reported earlier in the week. Most have reported same-store sales gains from the previous year and investors are optimistic going into the holiday shopping season.</p><p><blockquote>零售业继续其强劲的财报周。梅西百货(Macy's)和科尔百货(Kohl's)的股价当天分别上涨15%和8%。两家公司都超出了季度利润和收入预期，与本周早些时候公布的同行非常相似。大多数公司报告同店销售额较上一年有所增长，投资者对进入假日购物季持乐观态度。</blockquote></p><p> Retail stocks broadly traded higher on Thursday, and the SPDR S&amp;P Retail ETF gained 1.5%.</p><p><blockquote>周四零售股普遍走高，SPDR S&amp;P Retail ETF上涨1.5%。</blockquote></p><p> Elsewhere, Deere saw its shares rise more than 2% after it came to a resolution with workers who had been on strike since Oct. 14.</p><p><blockquote>其他方面，Deere在与自10月14日以来一直罢工的工人达成解决方案后，其股价上涨超过2%。</blockquote></p><p> Dow component Boeing also saw its shares rise another almost 2% following an upgrade from JPMorgan, which said the aerospace giant has significant upside as it clears up several issues that have dogged the company.</p><p><blockquote>道指成分股波音公司的股价在摩根大通上调评级后也上涨了近2%，摩根大通表示，随着解决了困扰该公司的几个问题，这家航空航天巨头具有显着的上涨空间。</blockquote></p><p> Going in the other direction, Cisco Systems fell 7% due toweaker revenue guidance and a revenue miss. Kraft Heinz shares also dropped more than 3% after the company announced a secondary offering of common stock.</p><p><blockquote>另一方面，由于收入指引减弱和收入未达预期，思科系统公司股价下跌7%。卡夫亨氏宣布二次发行普通股后，该公司股价也下跌超过3%。</blockquote></p><p> Initial filings for unemployment insurance fell slightly to 268,000 for the week ending Nov. 13, the Labor Department reported Thursday. That was the lowest level since March 2020, and the seventh straight weekly decline. Economists polled by Dow Jones expected them to have fallen to 260,000, compared to the previous week’s adjusted 269,000 claims.</p><p><blockquote>美国劳工部周四报告称，截至11月13日当周，首次申请失业保险的人数小幅下降至268,000人。这是自2020年3月以来的最低水平，也是连续第七周下跌。道琼斯调查的经济学家预计失业人数将降至26万人，而前一周调整后的失业人数为26.9万人。</blockquote></p><p> On&nbsp;Wednesday, the Dow Jones Industrial Average lost 211 points, dragged down by a 4.7% loss in Visa shares. The S&amp;P 500 dipped 0.26%. The Nasdaq Composite ticked 0.33% lower, despite most mega-cap technology companies closing in the green.</p><p><blockquote>周三，受Visa股价下跌4.7%拖累，道琼斯工业平均指数下跌211点。标普500下跌0.26%。尽管大多数大型科技公司收盘上涨，但纳斯达克综合指数仍下跌0.33%。</blockquote></p><p> The small-cap benchmark Russell 2000 was the relative underperformer on Wednesday, dropping 1.2%.</p><p><blockquote>周三，小盘股基准罗素2000指数表现相对不佳，下跌1.2%。</blockquote></p><p> “Recent economic reports remain strong, but today’s stock market action highlights that it is already discounting another Covid cycle,” said Jim Paulsen, chief investment strategist for Leuthold Group.</p><p><blockquote>Leuthold Group首席投资策略师吉姆·保尔森(Jim Paulsen)表示：“最近的经济报告仍然强劲，但今天的股市走势突显出，它已经在低估另一个新冠疫情周期。”</blockquote></p><p> “Concerns about Covid also caused the 10-year bond yield to decline for the first time in 6 days and kept downward pressure on commodity prices including another sizable drop in crude oil prices. If inflation keeps rising while another Covid surge again stalls real economic activity, we may find out how the stock market handles a pseudo-stagflationary episode,” he added.</p><p><blockquote>“对新冠疫情的担忧还导致10年期债券收益率6天来首次下降，并给大宗商品价格带来下行压力，包括原油价格再次大幅下跌。如果通胀持续上升，而新冠疫情再次飙升再次阻碍实体经济活动，我们可能会发现股市如何应对伪滞胀事件，”他补充道。</blockquote></p><p> Investors await more retail earnings on Thursday withApplied MaterialsandPalo Alto Networksreporting after the bell.</p><p><blockquote>投资者等待周四应用材料公司和帕洛阿尔托网络公司盘后公布更多零售收益。</blockquote></p><p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>S&P 500 rises slightly led by tech shares as Nvidia soars<blockquote>英伟达飙升，科技股领涨标普500小幅上涨</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nS&P 500 rises slightly led by tech shares as Nvidia soars<blockquote>英伟达飙升，科技股领涨标普500小幅上涨</blockquote>\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time smaller\">2021-11-18 22:33</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>The S&amp;P 500 and the Nasdaq indexes opened higher on Thursday as chipmaker Nvidia rallied on robust third-quarter results, while a fresh batch of positive retail earnings indicated strength in consumer spending against the backdrop of rising inflation.</p><p><blockquote>标普500和纳斯达克指数周四高开，芯片制造商英伟达因强劲的第三季度业绩而上涨，而新一批积极的零售收益表明，在通胀上升的背景下，消费者支出强劲。</blockquote></p><p> The Dow Jones Industrial Average(.DJI)fell 29.36 points, or 0.08%, at the open to 35,901.69.</p><p><blockquote>道琼斯工业平均指数(.DJI)开盘下跌29.36点，跌幅0.08%，至35,901.69点。</blockquote></p><p> The S&amp;P 500(.SPX)opened higher by 12.05 points, or 0.26%, at 4,700.72, while the Nasdaq Composite(.IXIC)gained 51.82 points, or 0.33%, to 15,973.40 at the opening bell.</p><p><blockquote>标普500(.SPX)开盘上涨12.05点，涨幅0.26%，至4,700.72点，而纳斯达克综合指数(.IXIC)开盘上涨51.82点，涨幅0.33%，至15,973.40点。</blockquote></p><p> Nvidia&nbsp;shares popped more than 8% afterbeating on the top and bottom linesof its quarterly results and issued a bullish revenue forecast for the current quarter ending in January. The chipmaker reporter a 55% gain in data center sales from the same period a year ago and its biggest market, gaming, reported a 42% sales increase.</p><p><blockquote>英伟达(Nvidia)的季度业绩营收和利润均超出预期，并发布了截至1月份的本季度的乐观收入预测，股价上涨了8%以上。这家芯片制造商报告称，数据中心销售额较去年同期增长了55%，其最大的市场游戏销售额增长了42%。</blockquote></p><p> Those gains helped lift other chip stocks trading. Advanced Micro Devices gained nearly 3%. Skyworks and Micron Technology added more than 1%. Separately, GlobalFoundries jumped more than 8% after revealing itentered a partnership with Fordto help the automaker increase its chip supply.</p><p><blockquote>这些涨幅帮助提振了其他芯片股的交易。Advanced Micro Devices上涨近3%。Skyworks和美光科技涨幅超过1%。另外，GlobalFoundries在透露与福特建立合作伙伴关系以帮助该汽车制造商增加芯片供应后，股价上涨超过8%。</blockquote></p><p> Retail continued its big earnings week. Shares of Macy’s and Kohl’s kicked the day off jumping 15% and 8%, respectively. Both companies smashed quarterly profit and revenue estimates, much like its peers who reported earlier in the week. Most have reported same-store sales gains from the previous year and investors are optimistic going into the holiday shopping season.</p><p><blockquote>零售业继续其强劲的财报周。梅西百货(Macy's)和科尔百货(Kohl's)的股价当天分别上涨15%和8%。两家公司都超出了季度利润和收入预期，与本周早些时候公布的同行非常相似。大多数公司报告同店销售额较上一年有所增长，投资者对进入假日购物季持乐观态度。</blockquote></p><p> Retail stocks broadly traded higher on Thursday, and the SPDR S&amp;P Retail ETF gained 1.5%.</p><p><blockquote>周四零售股普遍走高，SPDR S&amp;P Retail ETF上涨1.5%。</blockquote></p><p> Elsewhere, Deere saw its shares rise more than 2% after it came to a resolution with workers who had been on strike since Oct. 14.</p><p><blockquote>其他方面，Deere在与自10月14日以来一直罢工的工人达成解决方案后，其股价上涨超过2%。</blockquote></p><p> Dow component Boeing also saw its shares rise another almost 2% following an upgrade from JPMorgan, which said the aerospace giant has significant upside as it clears up several issues that have dogged the company.</p><p><blockquote>道指成分股波音公司的股价在摩根大通上调评级后也上涨了近2%，摩根大通表示，随着解决了困扰该公司的几个问题，这家航空航天巨头具有显着的上涨空间。</blockquote></p><p> Going in the other direction, Cisco Systems fell 7% due toweaker revenue guidance and a revenue miss. Kraft Heinz shares also dropped more than 3% after the company announced a secondary offering of common stock.</p><p><blockquote>另一方面，由于收入指引减弱和收入未达预期，思科系统公司股价下跌7%。卡夫亨氏宣布二次发行普通股后，该公司股价也下跌超过3%。</blockquote></p><p> Initial filings for unemployment insurance fell slightly to 268,000 for the week ending Nov. 13, the Labor Department reported Thursday. That was the lowest level since March 2020, and the seventh straight weekly decline. Economists polled by Dow Jones expected them to have fallen to 260,000, compared to the previous week’s adjusted 269,000 claims.</p><p><blockquote>美国劳工部周四报告称，截至11月13日当周，首次申请失业保险的人数小幅下降至268,000人。这是自2020年3月以来的最低水平，也是连续第七周下跌。道琼斯调查的经济学家预计失业人数将降至26万人，而前一周调整后的失业人数为26.9万人。</blockquote></p><p> On&nbsp;Wednesday, the Dow Jones Industrial Average lost 211 points, dragged down by a 4.7% loss in Visa shares. The S&amp;P 500 dipped 0.26%. The Nasdaq Composite ticked 0.33% lower, despite most mega-cap technology companies closing in the green.</p><p><blockquote>周三，受Visa股价下跌4.7%拖累，道琼斯工业平均指数下跌211点。标普500下跌0.26%。尽管大多数大型科技公司收盘上涨，但纳斯达克综合指数仍下跌0.33%。</blockquote></p><p> The small-cap benchmark Russell 2000 was the relative underperformer on Wednesday, dropping 1.2%.</p><p><blockquote>周三，小盘股基准罗素2000指数表现相对不佳，下跌1.2%。</blockquote></p><p> “Recent economic reports remain strong, but today’s stock market action highlights that it is already discounting another Covid cycle,” said Jim Paulsen, chief investment strategist for Leuthold Group.</p><p><blockquote>Leuthold Group首席投资策略师吉姆·保尔森(Jim Paulsen)表示：“最近的经济报告仍然强劲，但今天的股市走势突显出，它已经在低估另一个新冠疫情周期。”</blockquote></p><p> “Concerns about Covid also caused the 10-year bond yield to decline for the first time in 6 days and kept downward pressure on commodity prices including another sizable drop in crude oil prices. If inflation keeps rising while another Covid surge again stalls real economic activity, we may find out how the stock market handles a pseudo-stagflationary episode,” he added.</p><p><blockquote>“对新冠疫情的担忧还导致10年期债券收益率6天来首次下降，并给大宗商品价格带来下行压力，包括原油价格再次大幅下跌。如果通胀持续上升，而新冠疫情再次飙升再次阻碍实体经济活动，我们可能会发现股市如何应对伪滞胀事件，”他补充道。</blockquote></p><p> Investors await more retail earnings on Thursday withApplied MaterialsandPalo Alto Networksreporting after the bell.</p><p><blockquote>投资者等待周四应用材料公司和帕洛阿尔托网络公司盘后公布更多零售收益。</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":"1140578715","content_text":"The S&P 500 and the Nasdaq indexes opened higher on Thursday as chipmaker Nvidia rallied on robust third-quarter results, while a fresh batch of positive retail earnings indicated strength in consumer spending against the backdrop of rising inflation.\nThe Dow Jones Industrial Average(.DJI)fell 29.36 points, or 0.08%, at the open to 35,901.69.\nThe S&P 500(.SPX)opened higher by 12.05 points, or 0.26%, at 4,700.72, while the Nasdaq Composite(.IXIC)gained 51.82 points, or 0.33%, to 15,973.40 at the opening bell.\nNvidia shares popped more than 8% afterbeating on the top and bottom linesof its quarterly results and issued a bullish revenue forecast for the current quarter ending in January. The chipmaker reporter a 55% gain in data center sales from the same period a year ago and its biggest market, gaming, reported a 42% sales increase.\nThose gains helped lift other chip stocks trading. Advanced Micro Devices gained nearly 3%. Skyworks and Micron Technology added more than 1%. Separately, GlobalFoundries jumped more than 8% after revealing itentered a partnership with Fordto help the automaker increase its chip supply.\nRetail continued its big earnings week. Shares of Macy’s and Kohl’s kicked the day off jumping 15% and 8%, respectively. Both companies smashed quarterly profit and revenue estimates, much like its peers who reported earlier in the week. Most have reported same-store sales gains from the previous year and investors are optimistic going into the holiday shopping season.\nRetail stocks broadly traded higher on Thursday, and the SPDR S&P Retail ETF gained 1.5%.\nElsewhere, Deere saw its shares rise more than 2% after it came to a resolution with workers who had been on strike since Oct. 14.\nDow component Boeing also saw its shares rise another almost 2% following an upgrade from JPMorgan, which said the aerospace giant has significant upside as it clears up several issues that have dogged the company.\nGoing in the other direction, Cisco Systems fell 7% due toweaker revenue guidance and a revenue miss. Kraft Heinz shares also dropped more than 3% after the company announced a secondary offering of common stock.\nInitial filings for unemployment insurance fell slightly to 268,000 for the week ending Nov. 13, the Labor Department reported Thursday. That was the lowest level since March 2020, and the seventh straight weekly decline. Economists polled by Dow Jones expected them to have fallen to 260,000, compared to the previous week’s adjusted 269,000 claims.\nOn Wednesday, the Dow Jones Industrial Average lost 211 points, dragged down by a 4.7% loss in Visa shares. The S&P 500 dipped 0.26%. The Nasdaq Composite ticked 0.33% lower, despite most mega-cap technology companies closing in the green.\nThe small-cap benchmark Russell 2000 was the relative underperformer on Wednesday, dropping 1.2%.\n“Recent economic reports remain strong, but today’s stock market action highlights that it is already discounting another Covid cycle,” said Jim Paulsen, chief investment strategist for Leuthold Group.\n“Concerns about Covid also caused the 10-year bond yield to decline for the first time in 6 days and kept downward pressure on commodity prices including another sizable drop in crude oil prices. If inflation keeps rising while another Covid surge again stalls real economic activity, we may find out how the stock market handles a pseudo-stagflationary episode,” he added.\nInvestors await more retail earnings on Thursday withApplied MaterialsandPalo Alto Networksreporting after the bell.","news_type":1,"symbols_score_info":{".SPX":0.9,".IXIC":0.9,".DJI":0.9}},"isVote":1,"tweetType":1,"viewCount":1209,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":879336704,"gmtCreate":1636681245078,"gmtModify":1636681644676,"author":{"id":"4090112389805630","authorId":"4090112389805630","name":"MarkOng","avatar":"https://static.tigerbbs.com/918d105c8f52ec2b407c5fca049c3376","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4090112389805630","idStr":"4090112389805630"},"themes":[],"htmlText":"Keep for dividends 😂","listText":"Keep for dividends 😂","text":"Keep for dividends 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⬆️&nbsp;","text":"$Apple(AAPL)$🆙 ⬆️ 🆙 ⬆️ 🆙 ⬆️","images":[{"img":"https://static.tigerbbs.com/35f48309248624143d68d854c9f87189","width":"1284","height":"2223"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/833944506","isVote":1,"tweetType":1,"viewCount":579,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":897130927,"gmtCreate":1628898181969,"gmtModify":1633688729373,"author":{"id":"4090112389805630","authorId":"4090112389805630","name":"MarkOng","avatar":"https://static.tigerbbs.com/918d105c8f52ec2b407c5fca049c3376","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4090112389805630","idStr":"4090112389805630"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/AAPL\">$Apple(AAPL)$</a>Going up&nbsp;","listText":"<a href=\"https://laohu8.com/S/AAPL\">$Apple(AAPL)$</a>Going up&nbsp;","text":"$Apple(AAPL)$Going up","images":[{"img":"https://static.tigerbbs.com/bb9d8cd8334c4e115801228dbd7ad44f","width":"1284","height":"2223"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/897130927","isVote":1,"tweetType":1,"viewCount":407,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":895463535,"gmtCreate":1628766416727,"gmtModify":1633689687767,"author":{"id":"4090112389805630","authorId":"4090112389805630","name":"MarkOng","avatar":"https://static.tigerbbs.com/918d105c8f52ec2b407c5fca049c3376","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4090112389805630","idStr":"4090112389805630"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/AAPL\">$Apple(AAPL)$</a>Don’t know when up then I sell it","listText":"<a href=\"https://laohu8.com/S/AAPL\">$Apple(AAPL)$</a>Don’t know when up then I sell it","text":"$Apple(AAPL)$Don’t know when up then I sell it","images":[{"img":"https://static.tigerbbs.com/cf4ee7ad6216e20dc1de69ca97979f36","width":"1284","height":"2223"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/895463535","isVote":1,"tweetType":1,"viewCount":422,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":895469416,"gmtCreate":1628766364035,"gmtModify":1633689688338,"author":{"id":"4090112389805630","authorId":"4090112389805630","name":"MarkOng","avatar":"https://static.tigerbbs.com/918d105c8f52ec2b407c5fca049c3376","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4090112389805630","idStr":"4090112389805630"},"themes":[],"htmlText":"It share drop","listText":"It share drop","text":"It share drop","images":[{"img":"https://static.tigerbbs.com/748abe2c8175aead0b82221e31f0325b","width":"1125","height":"2115"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/895469416","isVote":1,"tweetType":1,"viewCount":392,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0}],"hots":[{"id":874484434,"gmtCreate":1637811828619,"gmtModify":1637811828619,"author":{"id":"4090112389805630","authorId":"4090112389805630","name":"MarkOng","avatar":"https://static.tigerbbs.com/918d105c8f52ec2b407c5fca049c3376","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4090112389805630","idStr":"4090112389805630"},"themes":[],"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/874484434","repostId":"1183200074","repostType":4,"repost":{"id":"1183200074","kind":"news","pubTimestamp":1637811543,"share":"https://www.laohu8.com/m/news/1183200074?lang=zh_CN&edition=full","pubTime":"2021-11-25 11:39","market":"us","language":"en","title":"ASML: It's A Leading Semiconductor Player, But Don't Buy Now<blockquote>ASML：它是领先的半导体公司，但现在不要购买</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1183200074","media":"Seeking Alpha","summary":"Summary\n\nASML is supplying the critical extreme ultraviolet lithography machines for the leading-edg","content":"<p><b>Summary</b></p><p><blockquote><b>总结</b></blockquote></p><p> <ul>  <li>ASML is supplying the critical extreme ultraviolet lithography machines for the leading-edge foundries. It has no competitors in this market.</li>  <li>Investors have been willing to pay up for its dominance in this market.</li>  <li>However, its current valuation looks stretched, as growth is expected to slow.</li>  <li>We discuss why we think investors should wait for a deeper retracement first before considering adding exposure.</li> </ul> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/ad6d47b090e53e0f884bb297357356fb\" tg-width=\"1536\" tg-height=\"1024\" referrerpolicy=\"no-referrer\"><span>Sundry Photography/iStock Editorial via Getty Images</span></p><p><blockquote><ul><li>ASML正在为领先的代工厂提供关键的极紫外光刻机。它在这个市场上没有竞争对手。</li><li>投资者愿意为其在这个市场的主导地位买单。</li><li>然而，由于增长预计将放缓，其目前的估值看起来过高。</li><li>我们讨论了为什么我们认为投资者应该先等待更深的回撤，然后再考虑增加敞口。</li></ul><p class=\"t-img-caption\"><span>杂项摄影/iStock社论来自Getty Images</span></p></blockquote></p><p> <b>Investment Thesis</b></p><p><blockquote><b>投资论文</b></blockquote></p><p> ASML Holding N.V. (ASML) is one of the leading players in the wafer fabrication equipment (WFE) market. As the only player capable of manufacturing extreme ultraviolet (EUV) lithography machines, ASML has no competitors in this category. Taiwan Semiconductor (TSM), Samsung (OTC:SSNLF), and Intel (INTC) have to depend on ASML to supply these highly coveted and costly machines. In addition, the secular demand drivers underpinning the 5G ramp, IoT, autonomous vehicles, and high-performance computing will continue to benefit ASML EUV demand.</p><p><blockquote>ASML Holding N.V.(ASML)是晶圆制造设备(WFE)市场的领先企业之一。作为唯一有能力制造极紫外光（EUV）光刻机的玩家，ASML在这一类别中没有竞争对手。台积电(TSM)、三星(OTC：SSNLF)和英特尔(INTC)必须依靠ASML来供应这些令人垂涎且昂贵的机器。此外，支撑5G增长、物联网、自动驾驶汽车和高性能计算的长期需求驱动因素将继续有利于ASML EUV需求。</blockquote></p><p> ASML also telegraphed a backlog that amounted to EUR 19.6B in FQ3, including EUR 11.6B in EUV. Consequently, it has given them revenue visibility until early 2023, as the company continues to add capacity.</p><p><blockquote>ASML还表示，第三季度积压订单金额为19.6 B欧元，其中EUV订单为11.6 B欧元。因此，随着公司继续增加产能，这使他们能够在2023年初之前了解收入。</blockquote></p><p> Nevertheless, we believe that a significant amount of growth premium has been baked into the stock's current valuation. It leaves little margin for error and would require ASML to execute immaculately. While we do not question management's ability to execute, we are also concerned about the potential or a correction due to excess capacity from 2023/24 onwards.</p><p><blockquote>尽管如此，我们认为该股当前的估值中已经包含了大量的增长溢价。它几乎没有出错的余地，并且需要ASML完美地执行。虽然我们不质疑管理层的执行能力，但我们也担心2023/24年起产能过剩的可能性或调整。</blockquote></p><p> <b>ASML Stock YTD Performance</b></p><p><blockquote><b>ASML股票年初至今表现</b></blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/169b4c2f1ad5b898301963a7c316e12e\" tg-width=\"640\" tg-height=\"331\" referrerpolicy=\"no-referrer\"><span>ASML stock YTD performance (as of 23 November 21).</span></p><p><blockquote><p class=\"t-img-caption\"><span>ASML股票年初至今表现（截至21年11月23日）。</span></p></blockquote></p><p> It has been a fabulous year for ASML investors. The stock's momentum has been robust all year as it rode the secular drivers underpinning its industry. Moreover, given its dominance in EUV lithography, investors are willing to continue paying up to own its shares. As a result, ASML stock's YTD gain of 65.6% easily outperformed the Invesco QQQ ETF's (QQQ) YTD return of 26.7%. However, its WFE rival Applied Materials (AMAT) stock is slightly ahead with a YTD gain of 72.5%.</p><p><blockquote>对于ASML投资者来说，这是美妙的一年。该股全年势头强劲，因为它得益于支撑其行业的长期驱动力。此外，鉴于其在EUV光刻领域的主导地位，投资者愿意继续付费持有其股票。因此，ASML股票年初至今65.6%的涨幅轻松超过了景顺QQQ ETF(QQQ)年初至今26.7%的回报率。然而，其WFE竞争对手应用材料公司(AMAT)的股票以72.5%的年初至今涨幅略微领先。</blockquote></p><p> <b>A Strong 2021 for ASML. What about its Prognosis Moving Forward?</b></p><p><blockquote><b>ASML 2021年表现强劲。它的预后如何？</b></blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/2983887c701a83a264bdfae1302ba7c4\" tg-width=\"640\" tg-height=\"350\" referrerpolicy=\"no-referrer\"><span>SEMI 2021 mid-year total equipment forecast by segment. Source: SEMI</span></p><p><blockquote><p class=\"t-img-caption\"><span>按细分市场划分的SEMI 2021年年中设备总量预测。来源：SEMI</span></p></blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/d62038d494d773331d57f45fb3bf07df\" tg-width=\"640\" tg-height=\"396\" referrerpolicy=\"no-referrer\"><span>ASML quarterly revenue &amp; YoY change. Data source: S&amp;P Capital IQ</span></p><p><blockquote><p class=\"t-img-caption\"><span>ASML季度收入和同比变化。数据来源：标普资本智商</span></p></blockquote></p><p> It has been a banner year for the semiconductor industry and the WFE market. SEMI estimated that WFE sales would increase by 33.5% YoY in 2021. ASML guided for its revenue to grow by 35% YoY in FY21. Given the company's solid performance in FQ1-FQ3 so far, we believe that ASML's guidance is highly credible. It's also well in line with the industry's forecasts, so it's highly reasonable as well. Despite the supply chain problems that ASML is facing, it still expects a robust FQ4, guiding for revenue of between EUR 4.9B to EUR 5.2B. CEO Peter Wennink emphasized (edited):</p><p><blockquote>对于半导体行业和WFE市场来说，这是辉煌的一年。SEMI预计2021年WFE销售额将同比增长33.5%。ASML预计2021财年收入同比增长35%。鉴于该公司迄今为止在FQ1-FQ3的稳健表现，我们认为ASML的指引可信度很高。这也非常符合行业的预测，因此也非常合理。尽管ASML面临供应链问题，但它仍然预计第四季度将表现强劲，预计收入在49亿欧元至52亿欧元之间。首席执行官Peter Wennink强调（编辑）：</blockquote></p><p>   <i>We're seeing continued strong demand from our customers across all market segments</i>from both advanced and mature nodes, driving demand across our entire product portfolio. These end market trends are driving strong demand across all market segments and across our entire technology portfolio.  <i>Therefore, we continue to increase our capacity</i>for all of our products to meet customer capacity and technology requirements. (from ASML's FQ3'21 earnings call)  <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/e67ec84e5d14097765f5787d32fe192e\" tg-width=\"640\" tg-height=\"396\" referrerpolicy=\"no-referrer\"><span>ASML share of revenue by technology. Data source: Company filings</span></p><p><blockquote><i>我们看到所有细分市场的客户需求持续强劲</i>来自先进和成熟的节点，推动我们整个产品组合的需求。这些终端市场趋势正在推动所有细分市场和我们整个技术组合的强劲需求。<i>因此，我们不断增加产能</i>使我们所有的产品都能满足客户的产能和技术要求。（摘自ASML 21年第三季度收益看涨期权）<p class=\"t-img-caption\"><span>ASML按技术划分的收入份额。数据来源：公司备案</span></p></blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/3380359fecb47be9aa6ce3c11d93d88d\" tg-width=\"640\" tg-height=\"396\" referrerpolicy=\"no-referrer\"><span>ASML sales count of EUV machines. Data source: Company filings</span></p><p><blockquote><p class=\"t-img-caption\"><span>ASML EUV机器的销售统计。数据来源：公司备案</span></p></blockquote></p><p></p><p> EUV has driven sales for ASML tremendously over the last three years. We can easily glean from the growth cadence of the unit sales, and EUV's share of the revenue. In FQ3, EUV's share of revenue remains influential and consistent at 54%. In addition, its foundry customers have telegraphed their plans to increase CapEx intensity moving forward to support robust underlying demand. Therefore, we believe EUV's share of revenue will remain robust.</p><p><blockquote>过去三年，EUV极大地推动了ASML的销售。我们可以轻松地从单位销售额的增长节奏以及EUV在收入中的份额中收集信息。在第三季度，EUV的收入份额仍然具有影响力且稳定在54%。此外，其代工客户已表示计划提高资本支出强度，以支持强劲的潜在需求。因此，我们认为EUV的收入份额将保持强劲。</blockquote></p><p> Nevertheless, it's also important to note that its DUV systems are critical in driving ASML's revenue. Hence, while the secular demand underpinning EUV's strength is commendable, the concern of overcapacity has been widely discussed along the mature nodes.</p><p><blockquote>然而，同样值得注意的是，其DUV系统对于推动ASML的收入至关重要。因此，虽然支撑EUV实力的长期需求值得称赞，但产能过剩的担忧已在成熟节点上得到广泛讨论。</blockquote></p><p> TSMC CEO C.C. Wei also discussed the possibility of an \"inventory correction\" moving forward. He articulated:</p><p><blockquote>台积电CEO C.C.魏还讨论了未来“库存调整”的可能性。他明确表示：</blockquote></p><p>   Let me say that while we do not rule out the possibility of an inventory correction, but we expect TSMC's capacity remain very tight in 2021 and throughout 2022. This is because of our technology leadership position. And even there's a correction to occur, we believe it could be less volatile for TSMC than previous downturn due to our underlying structural megatrend of 5G-related and HPC applications. (from TSMC's FQ3'21 earnings call)  Hence, TSM recognizes that the potential for excess capacity could affect the trailing nodes much more than leading nodes. However, TSM's CapEx is heavily focused on the leading-edge, as it accounted for 80% of its CapEx investments. Therefore, a potential downturn is less likely to hit the foundry leader significantly.</p><p><blockquote>我想说的是，虽然我们不排除库存调整的可能性，但我们预计台积电的产能在2021年和整个2022年仍然非常紧张。这是因为我们的技术领先地位。即使出现调整，我们相信，由于5G相关和HPC应用的潜在结构性大趋势，台积电的波动性也可能低于之前的低迷时期。（来自台积电21年第三季度收益看涨期权）因此，TSM认识到产能过剩的可能性对落后节点的影响可能比领先节点大得多。然而，TSM的资本支出主要集中在前沿，因为它占其资本支出投资的80%。因此，潜在的低迷不太可能对代工龙头造成重大打击。</blockquote></p><p> In addition, the problems could intensify in the automotive market. TSMC emphasized that it discovered that the automotive supply chain is very complex and challenging to grasp well. CEO C.C. Wei emphasized: \"Let me specifically point it out. The automotive supply chain actually is quite long and complex. It's more complicated than we initially thought.\"</p><p><blockquote>此外，汽车市场的问题可能会加剧。台积电强调，发现汽车供应链非常复杂，很难把握好。首席执行官C.C.魏强调：“让我特别指出一点。汽车供应链实际上是相当长和复杂的。它比我们最初想象的更复杂。”</blockquote></p><p> Even ASML had cautioned that it has also been unable to fully understand the bottlenecks in the supply chain. While the company has attempted its best to model and survey, it hasn't found a viable answer. In response to an analyst's question on the source of the supply bottlenecks, CEO Peter Wennink accentuated (edited):</p><p><blockquote>就连ASML也警告说，它也无法完全了解供应链中的瓶颈。虽然该公司已尽最大努力进行建模和调查，但尚未找到可行的答案。在回答分析师关于供应瓶颈来源的问题时，首席执行官Peter Wennink强调（编辑）：</blockquote></p><p>   <i>So -- and the real answer is we don't know</i>. Because somehow we haven't been able to connect all the dots that actually are the underlying drivers for this demand. There's some rumors out there that the brokers and the distributors are stocking up all the inventory to drive up the prices. I know one thing that the demand for mature, for DUV dry has by far exceeded our expectations. Some of it will be panic ordering by the customers of our customers. But it's too big to just be panic ordering.  <i>So there is this underlying trend that we really don't understand fully.</i>(from ASML's FQ3'21 earnings call)  <b>So, is ASML Stock a Buy Now?</b></p><p><blockquote><i>所以，真正的答案是我们不知道</i>.因为不知何故，我们无法将实际上是这种需求的潜在驱动因素的所有点联系起来。有一些传言说经纪人和分销商正在囤积所有的库存来推高价格。我知道一件事，对DUV dry的成熟需求远远超出了我们的预期。其中一些将是我们客户的客户的恐慌订购。但它太大了，不能只是恐慌订购。<i>所以有一个潜在的趋势，我们真的没有完全理解。</i>（摘自ASML 21年第三季度收益看涨期权）<b>那么，ASML股票现在值得买入吗？</b></blockquote></p><p> Much has been said about ASML's dominance in leading-edge EUV systems and how it will continue to entrench its leadership. But, it may be helpful for investors to remember that its mature nodes systems also drive the company's stock valuation.</p><p><blockquote>关于ASML在领先EUV系统领域的主导地位以及它将如何继续巩固其领导地位，已经说了很多。但是，投资者记住其成熟的节点系统也推动了公司的股票估值可能会有所帮助。</blockquote></p><p> Mordor Intelligence estimates that the&nbsp;EUV market would grow by a CAGR of 15%&nbsp;from 2020 to 2026. Considering ASML's FY21 guidance of 35% YoY growth, ASML expects slower growth ahead even with the capacity ramp. Wennink also suggested that corrections cannot be ruled out, even though he emphasized that it's unlikely to happen soon. He mentioned (edited):</p><p><blockquote>Mordor Intelligence估计，从2020年到2026年，EUV市场将以15%的CAGR增长。考虑到ASML 2021财年同比增长35%的指导，ASML预计即使产能增加，未来增长也会放缓。温宁克还表示，不能排除调整的可能性，尽管他强调这不太可能很快发生。他提到（编辑）：</blockquote></p><p>   Yes. I mean, we have corrections.  <i>We have always seen corrections in our industry. I'm not going to say that they're not there</i>. But we have to look at some of the trends that we're also seeing. And we look at the announcement of the build-out of new capacity. Just refer to the US chip sector, EUR 52 billion, of which EUR 40 billion is for basically to support expansion of capacity. That's going to happen over the next couple of years. It will take 2 to 3 years. So when will this inevitable correction come, I don't think it's likely to come anywhere soon. (from ASML's FQ3'21 earnings call)  <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/fc259fe73c80630f1e3482dab4712cca\" tg-width=\"640\" tg-height=\"396\" referrerpolicy=\"no-referrer\"><span>ASML est. revenue mean consensus. Data source: S&amp;P Capital IQ</span></p><p><blockquote>是的。我是说，我们有修正。<i>我们的行业总是会出现调整。我不会说他们不在那里</i>.但我们必须看看我们也看到的一些趋势。我们关注新产能建设的公告。以美国芯片行业为例，520亿欧元，其中400亿欧元主要用于支持产能扩张。这将在未来几年内发生。需要2到3年的时间。因此，这种不可避免的调整何时到来，我认为它不太可能很快到来。（摘自ASML 21年第三季度收益看涨期权）<p class=\"t-img-caption\"><span>ASML东部时间。收入意味着共识。数据来源：标普资本智商</span></p></blockquote></p><p></p><p> We applaud management for having the confidence to issue long-term guidance of 11% CAGR from 2020 to 2030. Management also provided revenue visibility till FY25, as it expected revenue of between EUR 24B and EUR 30B. Consensus estimates point to revenue of EUR 28.5B, which is at the higher end of ASML's mid-term guidance. Therefore, consensus estimates imply a revenue CAGR of 11.1% over the next four years, aligning with ASML's long-term guidance. Notably, it's also in line with Mordor Intelligence's estimates from FY20. ASML is projected to grow its revenue at a CAGR of 15.3% from FY20 to FY26. Hence, we are confident that the company's revenue guidance and the consensus estimates are well-aligned and credible.</p><p><blockquote>我们赞扬管理层有信心发布2020年至2030年复合年增长率11%的长期指导。管理层还提供了截至2025财年的收入可见性，预计收入在24B欧元至30B欧元之间。市场普遍估计收入为28.5 B欧元，处于ASML中期指导的高端。因此，普遍估计意味着未来四年收入复合年增长率为11.1%，与ASML的长期指导一致。值得注意的是，这也符合Mordor Intelligence对2020财年的估计。ASML预计从2020财年到26财年，其收入将以15.3%的复合年增长率增长。因此，我们相信该公司的收入指引和共识估计是一致且可信的。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/44c022f15bd09540111ab4db82dcff88\" tg-width=\"640\" tg-height=\"396\" referrerpolicy=\"no-referrer\"><span>ASML EV/Fwd EBITDA valuation trend. Data source: S&amp;P Capital IQ</span></p><p><blockquote><p class=\"t-img-caption\"><span>ASML EV/Fwd EBITDA估值趋势。数据来源：标普资本智商</span></p></blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/67bc2b2d8f96dd007a5c727b7b0762c7\" tg-width=\"640\" tg-height=\"384\" referrerpolicy=\"no-referrer\"><span>ASML stock EV/NTM EBITDA 3Y mean.</span></p><p><blockquote><p class=\"t-img-caption\"><span>ASML股票EV/NTM EBITDA 3年平均值。</span></p></blockquote></p><p> We believe the clear revenue runway ahead for ASML has given investors confidence to continue paying a premium for ASML stock. The stock is currently trading at an EV/NTM EBITDA of 35.3x, 31.2% above its 3Y mean of 26.9x.</p><p><blockquote>我们认为，ASML未来清晰的收入跑道让投资者有信心继续为ASML股票支付溢价。该股目前的EV/NTM EBITDA为35.3倍，比3年平均水平26.9倍高出31.2%。</blockquote></p><p> However, ASML stock has found support whenever its NTM EBITDA multiple reached about 32.3x in 2021. The stock is trading at about 9.3% above this support level. Despite that, we are cautious about paying such a high premium for a stock where we consider at least two to three years of EBITDA growth could have been priced in.</p><p><blockquote>然而，当ASML股票在2021年NTM EBITDA倍数达到约32.3倍时，其股票就找到了支撑。该股目前的交易价格比该支撑位高出约9.3%。尽管如此，我们对为一只股票支付如此高的溢价持谨慎态度，因为我们认为至少两到三年的EBITDA增长可能已经被定价。</blockquote></p><p> There is little doubt that ASML stock is a high-quality stock with a clear revenue runway. But, we are careful about paying the current premium asked. Therefore, we encourage investors to wait for a deeper retracement for a safer entry point.</p><p><blockquote>毫无疑问，ASML股票是一只拥有清晰收入跑道的优质股票。但是，我们对支付当前要求的保费很谨慎。因此，我们鼓励投资者等待更深的回撤，以获得更安全的入场点。</blockquote></p><p> Consequently, we<i>rate ASML at Neutral for now</i>. But we may consider adding exposure if we observe a meaningful retracement.</p><p><blockquote>因此，我们<i>目前将ASML评级为中性</i>.但如果我们观察到有意义的回撤，我们可能会考虑增加敞口。</blockquote></p><p> Written by&nbsp;JR Research</p><p><blockquote>作者：JR Research</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>ASML: It's A Leading Semiconductor Player, But Don't Buy Now<blockquote>ASML：它是领先的半导体公司，但现在不要购买</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\">\nASML: It's A Leading Semiconductor Player, But Don't Buy Now<blockquote>ASML：它是领先的半导体公司，但现在不要购买</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\">2021-11-25 11:39</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>ASML is supplying the critical extreme ultraviolet lithography machines for the leading-edge foundries. It has no competitors in this market.</li>  <li>Investors have been willing to pay up for its dominance in this market.</li>  <li>However, its current valuation looks stretched, as growth is expected to slow.</li>  <li>We discuss why we think investors should wait for a deeper retracement first before considering adding exposure.</li> </ul> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/ad6d47b090e53e0f884bb297357356fb\" tg-width=\"1536\" tg-height=\"1024\" referrerpolicy=\"no-referrer\"><span>Sundry Photography/iStock Editorial via Getty Images</span></p><p><blockquote><ul><li>ASML正在为领先的代工厂提供关键的极紫外光刻机。它在这个市场上没有竞争对手。</li><li>投资者愿意为其在这个市场的主导地位买单。</li><li>然而，由于增长预计将放缓，其目前的估值看起来过高。</li><li>我们讨论了为什么我们认为投资者应该先等待更深的回撤，然后再考虑增加敞口。</li></ul><p class=\"t-img-caption\"><span>杂项摄影/iStock社论来自Getty Images</span></p></blockquote></p><p> <b>Investment Thesis</b></p><p><blockquote><b>投资论文</b></blockquote></p><p> ASML Holding N.V. (ASML) is one of the leading players in the wafer fabrication equipment (WFE) market. As the only player capable of manufacturing extreme ultraviolet (EUV) lithography machines, ASML has no competitors in this category. Taiwan Semiconductor (TSM), Samsung (OTC:SSNLF), and Intel (INTC) have to depend on ASML to supply these highly coveted and costly machines. In addition, the secular demand drivers underpinning the 5G ramp, IoT, autonomous vehicles, and high-performance computing will continue to benefit ASML EUV demand.</p><p><blockquote>ASML Holding N.V.(ASML)是晶圆制造设备(WFE)市场的领先企业之一。作为唯一有能力制造极紫外光（EUV）光刻机的玩家，ASML在这一类别中没有竞争对手。台积电(TSM)、三星(OTC：SSNLF)和英特尔(INTC)必须依靠ASML来供应这些令人垂涎且昂贵的机器。此外，支撑5G增长、物联网、自动驾驶汽车和高性能计算的长期需求驱动因素将继续有利于ASML EUV需求。</blockquote></p><p> ASML also telegraphed a backlog that amounted to EUR 19.6B in FQ3, including EUR 11.6B in EUV. Consequently, it has given them revenue visibility until early 2023, as the company continues to add capacity.</p><p><blockquote>ASML还表示，第三季度积压订单金额为19.6 B欧元，其中EUV订单为11.6 B欧元。因此，随着公司继续增加产能，这使他们能够在2023年初之前了解收入。</blockquote></p><p> Nevertheless, we believe that a significant amount of growth premium has been baked into the stock's current valuation. It leaves little margin for error and would require ASML to execute immaculately. While we do not question management's ability to execute, we are also concerned about the potential or a correction due to excess capacity from 2023/24 onwards.</p><p><blockquote>尽管如此，我们认为该股当前的估值中已经包含了大量的增长溢价。它几乎没有出错的余地，并且需要ASML完美地执行。虽然我们不质疑管理层的执行能力，但我们也担心2023/24年起产能过剩的可能性或调整。</blockquote></p><p> <b>ASML Stock YTD Performance</b></p><p><blockquote><b>ASML股票年初至今表现</b></blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/169b4c2f1ad5b898301963a7c316e12e\" tg-width=\"640\" tg-height=\"331\" referrerpolicy=\"no-referrer\"><span>ASML stock YTD performance (as of 23 November 21).</span></p><p><blockquote><p class=\"t-img-caption\"><span>ASML股票年初至今表现（截至21年11月23日）。</span></p></blockquote></p><p> It has been a fabulous year for ASML investors. The stock's momentum has been robust all year as it rode the secular drivers underpinning its industry. Moreover, given its dominance in EUV lithography, investors are willing to continue paying up to own its shares. As a result, ASML stock's YTD gain of 65.6% easily outperformed the Invesco QQQ ETF's (QQQ) YTD return of 26.7%. However, its WFE rival Applied Materials (AMAT) stock is slightly ahead with a YTD gain of 72.5%.</p><p><blockquote>对于ASML投资者来说，这是美妙的一年。该股全年势头强劲，因为它得益于支撑其行业的长期驱动力。此外，鉴于其在EUV光刻领域的主导地位，投资者愿意继续付费持有其股票。因此，ASML股票年初至今65.6%的涨幅轻松超过了景顺QQQ ETF(QQQ)年初至今26.7%的回报率。然而，其WFE竞争对手应用材料公司(AMAT)的股票以72.5%的年初至今涨幅略微领先。</blockquote></p><p> <b>A Strong 2021 for ASML. What about its Prognosis Moving Forward?</b></p><p><blockquote><b>ASML 2021年表现强劲。它的预后如何？</b></blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/2983887c701a83a264bdfae1302ba7c4\" tg-width=\"640\" tg-height=\"350\" referrerpolicy=\"no-referrer\"><span>SEMI 2021 mid-year total equipment forecast by segment. Source: SEMI</span></p><p><blockquote><p class=\"t-img-caption\"><span>按细分市场划分的SEMI 2021年年中设备总量预测。来源：SEMI</span></p></blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/d62038d494d773331d57f45fb3bf07df\" tg-width=\"640\" tg-height=\"396\" referrerpolicy=\"no-referrer\"><span>ASML quarterly revenue &amp; YoY change. Data source: S&amp;P Capital IQ</span></p><p><blockquote><p class=\"t-img-caption\"><span>ASML季度收入和同比变化。数据来源：标普资本智商</span></p></blockquote></p><p> It has been a banner year for the semiconductor industry and the WFE market. SEMI estimated that WFE sales would increase by 33.5% YoY in 2021. ASML guided for its revenue to grow by 35% YoY in FY21. Given the company's solid performance in FQ1-FQ3 so far, we believe that ASML's guidance is highly credible. It's also well in line with the industry's forecasts, so it's highly reasonable as well. Despite the supply chain problems that ASML is facing, it still expects a robust FQ4, guiding for revenue of between EUR 4.9B to EUR 5.2B. CEO Peter Wennink emphasized (edited):</p><p><blockquote>对于半导体行业和WFE市场来说，这是辉煌的一年。SEMI预计2021年WFE销售额将同比增长33.5%。ASML预计2021财年收入同比增长35%。鉴于该公司迄今为止在FQ1-FQ3的稳健表现，我们认为ASML的指引可信度很高。这也非常符合行业的预测，因此也非常合理。尽管ASML面临供应链问题，但它仍然预计第四季度将表现强劲，预计收入在49亿欧元至52亿欧元之间。首席执行官Peter Wennink强调（编辑）：</blockquote></p><p>   <i>We're seeing continued strong demand from our customers across all market segments</i>from both advanced and mature nodes, driving demand across our entire product portfolio. These end market trends are driving strong demand across all market segments and across our entire technology portfolio.  <i>Therefore, we continue to increase our capacity</i>for all of our products to meet customer capacity and technology requirements. (from ASML's FQ3'21 earnings call)  <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/e67ec84e5d14097765f5787d32fe192e\" tg-width=\"640\" tg-height=\"396\" referrerpolicy=\"no-referrer\"><span>ASML share of revenue by technology. Data source: Company filings</span></p><p><blockquote><i>我们看到所有细分市场的客户需求持续强劲</i>来自先进和成熟的节点，推动我们整个产品组合的需求。这些终端市场趋势正在推动所有细分市场和我们整个技术组合的强劲需求。<i>因此，我们不断增加产能</i>使我们所有的产品都能满足客户的产能和技术要求。（摘自ASML 21年第三季度收益看涨期权）<p class=\"t-img-caption\"><span>ASML按技术划分的收入份额。数据来源：公司备案</span></p></blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/3380359fecb47be9aa6ce3c11d93d88d\" tg-width=\"640\" tg-height=\"396\" referrerpolicy=\"no-referrer\"><span>ASML sales count of EUV machines. Data source: Company filings</span></p><p><blockquote><p class=\"t-img-caption\"><span>ASML EUV机器的销售统计。数据来源：公司备案</span></p></blockquote></p><p></p><p> EUV has driven sales for ASML tremendously over the last three years. We can easily glean from the growth cadence of the unit sales, and EUV's share of the revenue. In FQ3, EUV's share of revenue remains influential and consistent at 54%. In addition, its foundry customers have telegraphed their plans to increase CapEx intensity moving forward to support robust underlying demand. Therefore, we believe EUV's share of revenue will remain robust.</p><p><blockquote>过去三年，EUV极大地推动了ASML的销售。我们可以轻松地从单位销售额的增长节奏以及EUV在收入中的份额中收集信息。在第三季度，EUV的收入份额仍然具有影响力且稳定在54%。此外，其代工客户已表示计划提高资本支出强度，以支持强劲的潜在需求。因此，我们认为EUV的收入份额将保持强劲。</blockquote></p><p> Nevertheless, it's also important to note that its DUV systems are critical in driving ASML's revenue. Hence, while the secular demand underpinning EUV's strength is commendable, the concern of overcapacity has been widely discussed along the mature nodes.</p><p><blockquote>然而，同样值得注意的是，其DUV系统对于推动ASML的收入至关重要。因此，虽然支撑EUV实力的长期需求值得称赞，但产能过剩的担忧已在成熟节点上得到广泛讨论。</blockquote></p><p> TSMC CEO C.C. Wei also discussed the possibility of an \"inventory correction\" moving forward. He articulated:</p><p><blockquote>台积电CEO C.C.魏还讨论了未来“库存调整”的可能性。他明确表示：</blockquote></p><p>   Let me say that while we do not rule out the possibility of an inventory correction, but we expect TSMC's capacity remain very tight in 2021 and throughout 2022. This is because of our technology leadership position. And even there's a correction to occur, we believe it could be less volatile for TSMC than previous downturn due to our underlying structural megatrend of 5G-related and HPC applications. (from TSMC's FQ3'21 earnings call)  Hence, TSM recognizes that the potential for excess capacity could affect the trailing nodes much more than leading nodes. However, TSM's CapEx is heavily focused on the leading-edge, as it accounted for 80% of its CapEx investments. Therefore, a potential downturn is less likely to hit the foundry leader significantly.</p><p><blockquote>我想说的是，虽然我们不排除库存调整的可能性，但我们预计台积电的产能在2021年和整个2022年仍然非常紧张。这是因为我们的技术领先地位。即使出现调整，我们相信，由于5G相关和HPC应用的潜在结构性大趋势，台积电的波动性也可能低于之前的低迷时期。（来自台积电21年第三季度收益看涨期权）因此，TSM认识到产能过剩的可能性对落后节点的影响可能比领先节点大得多。然而，TSM的资本支出主要集中在前沿，因为它占其资本支出投资的80%。因此，潜在的低迷不太可能对代工龙头造成重大打击。</blockquote></p><p> In addition, the problems could intensify in the automotive market. TSMC emphasized that it discovered that the automotive supply chain is very complex and challenging to grasp well. CEO C.C. Wei emphasized: \"Let me specifically point it out. The automotive supply chain actually is quite long and complex. It's more complicated than we initially thought.\"</p><p><blockquote>此外，汽车市场的问题可能会加剧。台积电强调，发现汽车供应链非常复杂，很难把握好。首席执行官C.C.魏强调：“让我特别指出一点。汽车供应链实际上是相当长和复杂的。它比我们最初想象的更复杂。”</blockquote></p><p> Even ASML had cautioned that it has also been unable to fully understand the bottlenecks in the supply chain. While the company has attempted its best to model and survey, it hasn't found a viable answer. In response to an analyst's question on the source of the supply bottlenecks, CEO Peter Wennink accentuated (edited):</p><p><blockquote>就连ASML也警告说，它也无法完全了解供应链中的瓶颈。虽然该公司已尽最大努力进行建模和调查，但尚未找到可行的答案。在回答分析师关于供应瓶颈来源的问题时，首席执行官Peter Wennink强调（编辑）：</blockquote></p><p>   <i>So -- and the real answer is we don't know</i>. Because somehow we haven't been able to connect all the dots that actually are the underlying drivers for this demand. There's some rumors out there that the brokers and the distributors are stocking up all the inventory to drive up the prices. I know one thing that the demand for mature, for DUV dry has by far exceeded our expectations. Some of it will be panic ordering by the customers of our customers. But it's too big to just be panic ordering.  <i>So there is this underlying trend that we really don't understand fully.</i>(from ASML's FQ3'21 earnings call)  <b>So, is ASML Stock a Buy Now?</b></p><p><blockquote><i>所以，真正的答案是我们不知道</i>.因为不知何故，我们无法将实际上是这种需求的潜在驱动因素的所有点联系起来。有一些传言说经纪人和分销商正在囤积所有的库存来推高价格。我知道一件事，对DUV dry的成熟需求远远超出了我们的预期。其中一些将是我们客户的客户的恐慌订购。但它太大了，不能只是恐慌订购。<i>所以有一个潜在的趋势，我们真的没有完全理解。</i>（摘自ASML 21年第三季度收益看涨期权）<b>那么，ASML股票现在值得买入吗？</b></blockquote></p><p> Much has been said about ASML's dominance in leading-edge EUV systems and how it will continue to entrench its leadership. But, it may be helpful for investors to remember that its mature nodes systems also drive the company's stock valuation.</p><p><blockquote>关于ASML在领先EUV系统领域的主导地位以及它将如何继续巩固其领导地位，已经说了很多。但是，投资者记住其成熟的节点系统也推动了公司的股票估值可能会有所帮助。</blockquote></p><p> Mordor Intelligence estimates that the&nbsp;EUV market would grow by a CAGR of 15%&nbsp;from 2020 to 2026. Considering ASML's FY21 guidance of 35% YoY growth, ASML expects slower growth ahead even with the capacity ramp. Wennink also suggested that corrections cannot be ruled out, even though he emphasized that it's unlikely to happen soon. He mentioned (edited):</p><p><blockquote>Mordor Intelligence估计，从2020年到2026年，EUV市场将以15%的CAGR增长。考虑到ASML 2021财年同比增长35%的指导，ASML预计即使产能增加，未来增长也会放缓。温宁克还表示，不能排除调整的可能性，尽管他强调这不太可能很快发生。他提到（编辑）：</blockquote></p><p>   Yes. I mean, we have corrections.  <i>We have always seen corrections in our industry. I'm not going to say that they're not there</i>. But we have to look at some of the trends that we're also seeing. And we look at the announcement of the build-out of new capacity. Just refer to the US chip sector, EUR 52 billion, of which EUR 40 billion is for basically to support expansion of capacity. That's going to happen over the next couple of years. It will take 2 to 3 years. So when will this inevitable correction come, I don't think it's likely to come anywhere soon. (from ASML's FQ3'21 earnings call)  <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/fc259fe73c80630f1e3482dab4712cca\" tg-width=\"640\" tg-height=\"396\" referrerpolicy=\"no-referrer\"><span>ASML est. revenue mean consensus. Data source: S&amp;P Capital IQ</span></p><p><blockquote>是的。我是说，我们有修正。<i>我们的行业总是会出现调整。我不会说他们不在那里</i>.但我们必须看看我们也看到的一些趋势。我们关注新产能建设的公告。以美国芯片行业为例，520亿欧元，其中400亿欧元主要用于支持产能扩张。这将在未来几年内发生。需要2到3年的时间。因此，这种不可避免的调整何时到来，我认为它不太可能很快到来。（摘自ASML 21年第三季度收益看涨期权）<p class=\"t-img-caption\"><span>ASML东部时间。收入意味着共识。数据来源：标普资本智商</span></p></blockquote></p><p></p><p> We applaud management for having the confidence to issue long-term guidance of 11% CAGR from 2020 to 2030. Management also provided revenue visibility till FY25, as it expected revenue of between EUR 24B and EUR 30B. Consensus estimates point to revenue of EUR 28.5B, which is at the higher end of ASML's mid-term guidance. Therefore, consensus estimates imply a revenue CAGR of 11.1% over the next four years, aligning with ASML's long-term guidance. Notably, it's also in line with Mordor Intelligence's estimates from FY20. ASML is projected to grow its revenue at a CAGR of 15.3% from FY20 to FY26. Hence, we are confident that the company's revenue guidance and the consensus estimates are well-aligned and credible.</p><p><blockquote>我们赞扬管理层有信心发布2020年至2030年复合年增长率11%的长期指导。管理层还提供了截至2025财年的收入可见性，预计收入在24B欧元至30B欧元之间。市场普遍估计收入为28.5 B欧元，处于ASML中期指导的高端。因此，普遍估计意味着未来四年收入复合年增长率为11.1%，与ASML的长期指导一致。值得注意的是，这也符合Mordor Intelligence对2020财年的估计。ASML预计从2020财年到26财年，其收入将以15.3%的复合年增长率增长。因此，我们相信该公司的收入指引和共识估计是一致且可信的。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/44c022f15bd09540111ab4db82dcff88\" tg-width=\"640\" tg-height=\"396\" referrerpolicy=\"no-referrer\"><span>ASML EV/Fwd EBITDA valuation trend. Data source: S&amp;P Capital IQ</span></p><p><blockquote><p class=\"t-img-caption\"><span>ASML EV/Fwd EBITDA估值趋势。数据来源：标普资本智商</span></p></blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/67bc2b2d8f96dd007a5c727b7b0762c7\" tg-width=\"640\" tg-height=\"384\" referrerpolicy=\"no-referrer\"><span>ASML stock EV/NTM EBITDA 3Y mean.</span></p><p><blockquote><p class=\"t-img-caption\"><span>ASML股票EV/NTM EBITDA 3年平均值。</span></p></blockquote></p><p> We believe the clear revenue runway ahead for ASML has given investors confidence to continue paying a premium for ASML stock. The stock is currently trading at an EV/NTM EBITDA of 35.3x, 31.2% above its 3Y mean of 26.9x.</p><p><blockquote>我们认为，ASML未来清晰的收入跑道让投资者有信心继续为ASML股票支付溢价。该股目前的EV/NTM EBITDA为35.3倍，比3年平均水平26.9倍高出31.2%。</blockquote></p><p> However, ASML stock has found support whenever its NTM EBITDA multiple reached about 32.3x in 2021. The stock is trading at about 9.3% above this support level. Despite that, we are cautious about paying such a high premium for a stock where we consider at least two to three years of EBITDA growth could have been priced in.</p><p><blockquote>然而，当ASML股票在2021年NTM EBITDA倍数达到约32.3倍时，其股票就找到了支撑。该股目前的交易价格比该支撑位高出约9.3%。尽管如此，我们对为一只股票支付如此高的溢价持谨慎态度，因为我们认为至少两到三年的EBITDA增长可能已经被定价。</blockquote></p><p> There is little doubt that ASML stock is a high-quality stock with a clear revenue runway. But, we are careful about paying the current premium asked. Therefore, we encourage investors to wait for a deeper retracement for a safer entry point.</p><p><blockquote>毫无疑问，ASML股票是一只拥有清晰收入跑道的优质股票。但是，我们对支付当前要求的保费很谨慎。因此，我们鼓励投资者等待更深的回撤，以获得更安全的入场点。</blockquote></p><p> Consequently, we<i>rate ASML at Neutral for now</i>. But we may consider adding exposure if we observe a meaningful retracement.</p><p><blockquote>因此，我们<i>目前将ASML评级为中性</i>.但如果我们观察到有意义的回撤，我们可能会考虑增加敞口。</blockquote></p><p> Written by&nbsp;JR Research</p><p><blockquote>作者：JR Research</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://seekingalpha.com/article/4471867-asml-stock-leading-semiconductor-player-valuation-looks-stretched\">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":{"ASML":"阿斯麦"},"source_url":"https://seekingalpha.com/article/4471867-asml-stock-leading-semiconductor-player-valuation-looks-stretched","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1183200074","content_text":"Summary\n\nASML is supplying the critical extreme ultraviolet lithography machines for the leading-edge foundries. It has no competitors in this market.\nInvestors have been willing to pay up for its dominance in this market.\nHowever, its current valuation looks stretched, as growth is expected to slow.\nWe discuss why we think investors should wait for a deeper retracement first before considering adding exposure.\n\nSundry Photography/iStock Editorial via Getty Images\nInvestment Thesis\nASML Holding N.V. (ASML) is one of the leading players in the wafer fabrication equipment (WFE) market. As the only player capable of manufacturing extreme ultraviolet (EUV) lithography machines, ASML has no competitors in this category. Taiwan Semiconductor (TSM), Samsung (OTC:SSNLF), and Intel (INTC) have to depend on ASML to supply these highly coveted and costly machines. In addition, the secular demand drivers underpinning the 5G ramp, IoT, autonomous vehicles, and high-performance computing will continue to benefit ASML EUV demand.\nASML also telegraphed a backlog that amounted to EUR 19.6B in FQ3, including EUR 11.6B in EUV. Consequently, it has given them revenue visibility until early 2023, as the company continues to add capacity.\nNevertheless, we believe that a significant amount of growth premium has been baked into the stock's current valuation. It leaves little margin for error and would require ASML to execute immaculately. While we do not question management's ability to execute, we are also concerned about the potential or a correction due to excess capacity from 2023/24 onwards.\nASML Stock YTD Performance\nASML stock YTD performance (as of 23 November 21).\nIt has been a fabulous year for ASML investors. The stock's momentum has been robust all year as it rode the secular drivers underpinning its industry. Moreover, given its dominance in EUV lithography, investors are willing to continue paying up to own its shares. As a result, ASML stock's YTD gain of 65.6% easily outperformed the Invesco QQQ ETF's (QQQ) YTD return of 26.7%. However, its WFE rival Applied Materials (AMAT) stock is slightly ahead with a YTD gain of 72.5%.\nA Strong 2021 for ASML. What about its Prognosis Moving Forward?\nSEMI 2021 mid-year total equipment forecast by segment. Source: SEMI\nASML quarterly revenue & YoY change. Data source: S&P Capital IQ\nIt has been a banner year for the semiconductor industry and the WFE market. SEMI estimated that WFE sales would increase by 33.5% YoY in 2021. ASML guided for its revenue to grow by 35% YoY in FY21. Given the company's solid performance in FQ1-FQ3 so far, we believe that ASML's guidance is highly credible. It's also well in line with the industry's forecasts, so it's highly reasonable as well. Despite the supply chain problems that ASML is facing, it still expects a robust FQ4, guiding for revenue of between EUR 4.9B to EUR 5.2B. CEO Peter Wennink emphasized (edited):\n\nWe're seeing continued strong demand from our customers across all market segmentsfrom both advanced and mature nodes, driving demand across our entire product portfolio. These end market trends are driving strong demand across all market segments and across our entire technology portfolio.\n Therefore, we continue to increase our capacityfor all of our products to meet customer capacity and technology requirements. (from ASML's FQ3'21 earnings call)\n\nASML share of revenue by technology. Data source: Company filings\nASML sales count of EUV machines. Data source: Company filings\nEUV has driven sales for ASML tremendously over the last three years. We can easily glean from the growth cadence of the unit sales, and EUV's share of the revenue. In FQ3, EUV's share of revenue remains influential and consistent at 54%. In addition, its foundry customers have telegraphed their plans to increase CapEx intensity moving forward to support robust underlying demand. Therefore, we believe EUV's share of revenue will remain robust.\nNevertheless, it's also important to note that its DUV systems are critical in driving ASML's revenue. Hence, while the secular demand underpinning EUV's strength is commendable, the concern of overcapacity has been widely discussed along the mature nodes.\nTSMC CEO C.C. Wei also discussed the possibility of an \"inventory correction\" moving forward. He articulated:\n\n Let me say that while we do not rule out the possibility of an inventory correction, but we expect TSMC's capacity remain very tight in 2021 and throughout 2022. This is because of our technology leadership position. And even there's a correction to occur, we believe it could be less volatile for TSMC than previous downturn due to our underlying structural megatrend of 5G-related and HPC applications. (from TSMC's FQ3'21 earnings call)\n\nHence, TSM recognizes that the potential for excess capacity could affect the trailing nodes much more than leading nodes. However, TSM's CapEx is heavily focused on the leading-edge, as it accounted for 80% of its CapEx investments. Therefore, a potential downturn is less likely to hit the foundry leader significantly.\nIn addition, the problems could intensify in the automotive market. TSMC emphasized that it discovered that the automotive supply chain is very complex and challenging to grasp well. CEO C.C. Wei emphasized: \"Let me specifically point it out. The automotive supply chain actually is quite long and complex. It's more complicated than we initially thought.\"\nEven ASML had cautioned that it has also been unable to fully understand the bottlenecks in the supply chain. While the company has attempted its best to model and survey, it hasn't found a viable answer. In response to an analyst's question on the source of the supply bottlenecks, CEO Peter Wennink accentuated (edited):\n\nSo -- and the real answer is we don't know. Because somehow we haven't been able to connect all the dots that actually are the underlying drivers for this demand. There's some rumors out there that the brokers and the distributors are stocking up all the inventory to drive up the prices. I know one thing that the demand for mature, for DUV dry has by far exceeded our expectations. Some of it will be panic ordering by the customers of our customers. But it's too big to just be panic ordering.\n So there is this underlying trend that we really don't understand fully.(from ASML's FQ3'21 earnings call)\n\nSo, is ASML Stock a Buy Now?\nMuch has been said about ASML's dominance in leading-edge EUV systems and how it will continue to entrench its leadership. But, it may be helpful for investors to remember that its mature nodes systems also drive the company's stock valuation.\nMordor Intelligence estimates that the EUV market would grow by a CAGR of 15% from 2020 to 2026. Considering ASML's FY21 guidance of 35% YoY growth, ASML expects slower growth ahead even with the capacity ramp. Wennink also suggested that corrections cannot be ruled out, even though he emphasized that it's unlikely to happen soon. He mentioned (edited):\n\n Yes. I mean, we have corrections.\n We have always seen corrections in our industry. I'm not going to say that they're not there. But we have to look at some of the trends that we're also seeing. And we look at the announcement of the build-out of new capacity. Just refer to the US chip sector, EUR 52 billion, of which EUR 40 billion is for basically to support expansion of capacity. That's going to happen over the next couple of years. It will take 2 to 3 years. So when will this inevitable correction come, I don't think it's likely to come anywhere soon. (from ASML's FQ3'21 earnings call)\n\nASML est. revenue mean consensus. Data source: S&P Capital IQ\nWe applaud management for having the confidence to issue long-term guidance of 11% CAGR from 2020 to 2030. Management also provided revenue visibility till FY25, as it expected revenue of between EUR 24B and EUR 30B. Consensus estimates point to revenue of EUR 28.5B, which is at the higher end of ASML's mid-term guidance. Therefore, consensus estimates imply a revenue CAGR of 11.1% over the next four years, aligning with ASML's long-term guidance. Notably, it's also in line with Mordor Intelligence's estimates from FY20. ASML is projected to grow its revenue at a CAGR of 15.3% from FY20 to FY26. Hence, we are confident that the company's revenue guidance and the consensus estimates are well-aligned and credible.\nASML EV/Fwd EBITDA valuation trend. Data source: S&P Capital IQ\nASML stock EV/NTM EBITDA 3Y mean.\nWe believe the clear revenue runway ahead for ASML has given investors confidence to continue paying a premium for ASML stock. The stock is currently trading at an EV/NTM EBITDA of 35.3x, 31.2% above its 3Y mean of 26.9x.\nHowever, ASML stock has found support whenever its NTM EBITDA multiple reached about 32.3x in 2021. The stock is trading at about 9.3% above this support level. Despite that, we are cautious about paying such a high premium for a stock where we consider at least two to three years of EBITDA growth could have been priced in.\nThere is little doubt that ASML stock is a high-quality stock with a clear revenue runway. But, we are careful about paying the current premium asked. Therefore, we encourage investors to wait for a deeper retracement for a safer entry point.\nConsequently, werate ASML at Neutral for now. But we may consider adding exposure if we observe a meaningful retracement.\nWritten by JR Research","news_type":1,"symbols_score_info":{"ASML":0.9}},"isVote":1,"tweetType":1,"viewCount":2603,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":870657649,"gmtCreate":1636616029783,"gmtModify":1636616029783,"author":{"id":"4090112389805630","authorId":"4090112389805630","name":"MarkOng","avatar":"https://static.tigerbbs.com/918d105c8f52ec2b407c5fca049c3376","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4090112389805630","idStr":"4090112389805630"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/HST.SI\">$Lion-OCBC Sec HSTECH S$(HST.SI)$</a>today up to&nbsp;1.122","listText":"<a href=\"https://laohu8.com/S/HST.SI\">$Lion-OCBC Sec HSTECH S$(HST.SI)$</a>today up to&nbsp;1.122","text":"$Lion-OCBC Sec HSTECH S$(HST.SI)$today up to 1.122","images":[{"img":"https://static.tigerbbs.com/47b5ad66d6b52f139b175c12b25352a5","width":"1125","height":"2527"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":1,"link":"https://laohu8.com/post/870657649","isVote":1,"tweetType":1,"viewCount":3247,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"CN","totalScore":0},{"id":693919025,"gmtCreate":1639959744478,"gmtModify":1639959744568,"author":{"id":"4090112389805630","authorId":"4090112389805630","name":"MarkOng","avatar":"https://static.tigerbbs.com/918d105c8f52ec2b407c5fca049c3376","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4090112389805630","idStr":"4090112389805630"},"themes":[],"htmlText":"Hopefully market up a lot so share can be up&nbsp;","listText":"Hopefully market up a lot so share can be up&nbsp;","text":"Hopefully market up a lot so share can be up","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/693919025","repostId":"1154958924","repostType":4,"repost":{"id":"1154958924","kind":"news","pubTimestamp":1639958978,"share":"https://www.laohu8.com/m/news/1154958924?lang=zh_CN&edition=full","pubTime":"2021-12-20 08:09","market":"sg","language":"en","title":"Singapore Stock Market May Give Up Support At 3,100 Points<blockquote>新加坡股市或放弃3100点支撑</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1154958924","media":"RTTNews","summary":"The Singapore stock market has alternated between positive and negative finishes through the last fo","content":"<p>The Singapore stock market has alternated between positive and negative finishes through the last four trading days since the end of the two-day slide in which it had fallen more than 20 points or 0.7 percent. The Straits Times Index now sits just above the 3,110-point plateau and it may take further damage again on Monday.</p><p><blockquote>自连续两天下跌超过20点或0.7%以来，新加坡股市在过去四个交易日中涨跌互现。海峡时报指数目前略高于3,110点的高位，周一可能会再次遭受进一步损害。</blockquote></p><p> The global forecast for the Asian&nbsp;markets&nbsp;is soft on omicron coronavirus concerns and sinking oil prices. The European markets were mixed and the U.S. bourses were down and the Asian markets figure to split the difference.</p><p><blockquote>由于奥密克戎冠状病毒担忧和油价下跌，全球对亚洲市场的预测疲软。欧洲市场涨跌互现，美国股市下跌，亚洲市场似乎分担了这一差异。</blockquote></p><p> The STI finished modestly lower on Friday following losses from the industrials and properties, while the financials came in mixed.</p><p><blockquote>继工业和房地产股下跌后，海指周五小幅收低，而金融股则涨跌互现。</blockquote></p><p> For the day, the index lost 17.17 points or 0.55 percent to finish at the daily low of 3,111.63 after peaking at 3,134.99. Volume was 1.2 billion shares worth 1.5 billion Singapore dollars. There were 280 decliners and 188 gainers.</p><p><blockquote>当天，该指数下跌17.17点或0.55%，收于3111.63点的日低，此前曾触及3134.99点的高点。成交量为12亿股，价值15亿新元。下跌股280只，上涨股188只。</blockquote></p><p> Among the actives, CapitaLand Integrated Commercial Trust and Mapletree Commercial Trust both slumped 0.50 percent, while City Developments tanked 1.45 percent, Comfort DelGro lost 0.72 percent, Dairy Farm International slid 0.36 percent, DBS Group collected 0.34 percent, Genting Singapore fell 0.65 percent, Hongkong Land plummeted 2.07 percent, Keppel Corp and Venture Corporation both sank 0.97 percent, Mapletree Logistics Trust weakened 0.53 percent, Oversea-Chinese Banking Corporation eased 0.09 percent, SATS skidded 1.03 percent, SembCorp Industries plunged 1.49 percent, Singapore Airlines dropped 0.81 percent, Singapore Exchange tumbled 1.39 percent, Singapore Press Holdings added 0.43 percent, Singapore Technologies Engineering retreated 1.06 percent, SingTel stumbled 0.63 percent, Thai Beverage shed 0.75 percent, United Overseas Bank dipped 0.30 percent, Wilmar International declined 1.21 percent and Yangzijiang Shipbuilding and Ascendas REIT were unchanged.</p><p><blockquote>活跃股中，凯德综合商业信托和丰树商业信托均下跌0.50%，City Developments下跌1.45%，Comfort DelGro下跌0.72%，Dairy Farm International下跌0.36%，DBS Group上涨0.34%，云顶新加坡下跌0.65%，香港置地暴跌2.07%，吉宝企业和Venture Corporation均下跌0.97%，丰树物流信托下跌0.53%，华侨银行下跌0.03%，胜科工业下跌1.49%，新加坡航空下跌0.81%，新加坡报业控股上涨0.43%，新加坡科技工程下跌1.06%，新加坡电信下跌0.63%，泰国饮料下跌0.75%，丰益国际下跌1.21%，扬子江造船和腾飞房地产投资信托持平。</blockquote></p><p> The lead from Wall Street is negative as the major averages opened lower on a volatile Friday. The NASDAQ peeked briefly into the green but the markets all still finished in the red.</p><p><blockquote>华尔街的领先是负面的，因为主要股指在动荡的周五开盘走低。纳斯达克短暂出现绿色，但市场仍以红色收盘。</blockquote></p><p> The Dow plunged 532.16 points or 1.48 percent to finish at 35,365.44, while the NASDAQ dipped 10.72 points or 0.07 percent to close at 15,169.68 and the S&amp;P 500 sank 48.03 points or 1.03 percent to end at 4,620.64. For the week, the NASDAQ plunged 2.9 percent, the Dow lost 1.7 percent and the S&amp;P was down 1.9 percent.</p><p><blockquote>道琼斯指数下跌532.16点，跌幅1.48%，收于35,365.44点；纳斯达克下跌10.72点，跌幅0.07%，收于15,169.68点；标普500下跌48.03点，跌幅1.03%，收于4,620.64点。本周，纳斯达克暴跌2.9%，道琼斯指数下跌1.7%，标准普尔指数下跌1.9%。</blockquote></p><p> The volatility on Wall Street came on a quadruple witching day, with stock options, index options, stock futures and index futures all expiring.</p><p><blockquote>华尔街的波动发生在四重巫术日，股票期权、指数期权、股票期货和指数期货都将到期。</blockquote></p><p> Concerns about the impact of the Omicron variant of the&nbsp;coronavirus&nbsp;also weighed on the markets along with worries about ongoing supply chain issues.</p><p><blockquote>对冠状病毒奥密克戎变种影响的担忧以及对持续供应链问题的担忧也给市场带来压力。</blockquote></p><p> Crude oil prices tumbled Friday on concerns for energy demand due to a rapid surge in Omicron variant of the coronavirus and reimposition of restrictions. West Texas Intermediate Crude oil futures for January sank $1.52 or 2.1 percent at $70.86 a barrel. WTI crude futures shed 1.1 percent in the week.</p><p><blockquote>由于冠状病毒奥密克戎变种迅速激增和重新实施限制，对能源需求的担忧，原油价格周五暴跌。西德克萨斯中质原油1月期货下跌1.52美元，或2.1%，报每桶70.86美元。WTI原油期货本周下跌1.1%。</blockquote></p><p></p>","source":"lsy1626938412129","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>Singapore Stock Market May Give Up Support At 3,100 Points<blockquote>新加坡股市或放弃3100点支撑</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\">\nSingapore Stock Market May Give Up Support At 3,100 Points<blockquote>新加坡股市或放弃3100点支撑</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">RTTNews</strong><span class=\"h-time small\">2021-12-20 08:09</span>\n</p>\n</h4>\n</header>\n<article>\n<p>The Singapore stock market has alternated between positive and negative finishes through the last four trading days since the end of the two-day slide in which it had fallen more than 20 points or 0.7 percent. The Straits Times Index now sits just above the 3,110-point plateau and it may take further damage again on Monday.</p><p><blockquote>自连续两天下跌超过20点或0.7%以来，新加坡股市在过去四个交易日中涨跌互现。海峡时报指数目前略高于3,110点的高位，周一可能会再次遭受进一步损害。</blockquote></p><p> The global forecast for the Asian&nbsp;markets&nbsp;is soft on omicron coronavirus concerns and sinking oil prices. The European markets were mixed and the U.S. bourses were down and the Asian markets figure to split the difference.</p><p><blockquote>由于奥密克戎冠状病毒担忧和油价下跌，全球对亚洲市场的预测疲软。欧洲市场涨跌互现，美国股市下跌，亚洲市场似乎分担了这一差异。</blockquote></p><p> The STI finished modestly lower on Friday following losses from the industrials and properties, while the financials came in mixed.</p><p><blockquote>继工业和房地产股下跌后，海指周五小幅收低，而金融股则涨跌互现。</blockquote></p><p> For the day, the index lost 17.17 points or 0.55 percent to finish at the daily low of 3,111.63 after peaking at 3,134.99. Volume was 1.2 billion shares worth 1.5 billion Singapore dollars. There were 280 decliners and 188 gainers.</p><p><blockquote>当天，该指数下跌17.17点或0.55%，收于3111.63点的日低，此前曾触及3134.99点的高点。成交量为12亿股，价值15亿新元。下跌股280只，上涨股188只。</blockquote></p><p> Among the actives, CapitaLand Integrated Commercial Trust and Mapletree Commercial Trust both slumped 0.50 percent, while City Developments tanked 1.45 percent, Comfort DelGro lost 0.72 percent, Dairy Farm International slid 0.36 percent, DBS Group collected 0.34 percent, Genting Singapore fell 0.65 percent, Hongkong Land plummeted 2.07 percent, Keppel Corp and Venture Corporation both sank 0.97 percent, Mapletree Logistics Trust weakened 0.53 percent, Oversea-Chinese Banking Corporation eased 0.09 percent, SATS skidded 1.03 percent, SembCorp Industries plunged 1.49 percent, Singapore Airlines dropped 0.81 percent, Singapore Exchange tumbled 1.39 percent, Singapore Press Holdings added 0.43 percent, Singapore Technologies Engineering retreated 1.06 percent, SingTel stumbled 0.63 percent, Thai Beverage shed 0.75 percent, United Overseas Bank dipped 0.30 percent, Wilmar International declined 1.21 percent and Yangzijiang Shipbuilding and Ascendas REIT were unchanged.</p><p><blockquote>活跃股中，凯德综合商业信托和丰树商业信托均下跌0.50%，City Developments下跌1.45%，Comfort DelGro下跌0.72%，Dairy Farm International下跌0.36%，DBS Group上涨0.34%，云顶新加坡下跌0.65%，香港置地暴跌2.07%，吉宝企业和Venture Corporation均下跌0.97%，丰树物流信托下跌0.53%，华侨银行下跌0.03%，胜科工业下跌1.49%，新加坡航空下跌0.81%，新加坡报业控股上涨0.43%，新加坡科技工程下跌1.06%，新加坡电信下跌0.63%，泰国饮料下跌0.75%，丰益国际下跌1.21%，扬子江造船和腾飞房地产投资信托持平。</blockquote></p><p> The lead from Wall Street is negative as the major averages opened lower on a volatile Friday. The NASDAQ peeked briefly into the green but the markets all still finished in the red.</p><p><blockquote>华尔街的领先是负面的，因为主要股指在动荡的周五开盘走低。纳斯达克短暂出现绿色，但市场仍以红色收盘。</blockquote></p><p> The Dow plunged 532.16 points or 1.48 percent to finish at 35,365.44, while the NASDAQ dipped 10.72 points or 0.07 percent to close at 15,169.68 and the S&amp;P 500 sank 48.03 points or 1.03 percent to end at 4,620.64. For the week, the NASDAQ plunged 2.9 percent, the Dow lost 1.7 percent and the S&amp;P was down 1.9 percent.</p><p><blockquote>道琼斯指数下跌532.16点，跌幅1.48%，收于35,365.44点；纳斯达克下跌10.72点，跌幅0.07%，收于15,169.68点；标普500下跌48.03点，跌幅1.03%，收于4,620.64点。本周，纳斯达克暴跌2.9%，道琼斯指数下跌1.7%，标准普尔指数下跌1.9%。</blockquote></p><p> The volatility on Wall Street came on a quadruple witching day, with stock options, index options, stock futures and index futures all expiring.</p><p><blockquote>华尔街的波动发生在四重巫术日，股票期权、指数期权、股票期货和指数期货都将到期。</blockquote></p><p> Concerns about the impact of the Omicron variant of the&nbsp;coronavirus&nbsp;also weighed on the markets along with worries about ongoing supply chain issues.</p><p><blockquote>对冠状病毒奥密克戎变种影响的担忧以及对持续供应链问题的担忧也给市场带来压力。</blockquote></p><p> Crude oil prices tumbled Friday on concerns for energy demand due to a rapid surge in Omicron variant of the coronavirus and reimposition of restrictions. West Texas Intermediate Crude oil futures for January sank $1.52 or 2.1 percent at $70.86 a barrel. WTI crude futures shed 1.1 percent in the week.</p><p><blockquote>由于冠状病毒奥密克戎变种迅速激增和重新实施限制，对能源需求的担忧，原油价格周五暴跌。西德克萨斯中质原油1月期货下跌1.52美元，或2.1%，报每桶70.86美元。WTI原油期货本周下跌1.1%。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.rttnews.com/3250329/singapore-stock-market-may-give-up-support-at-3100-points.aspx\">RTTNews</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":{"STI.SI":"富时新加坡海峡指数"},"source_url":"https://www.rttnews.com/3250329/singapore-stock-market-may-give-up-support-at-3100-points.aspx","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1154958924","content_text":"The Singapore stock market has alternated between positive and negative finishes through the last four trading days since the end of the two-day slide in which it had fallen more than 20 points or 0.7 percent. The Straits Times Index now sits just above the 3,110-point plateau and it may take further damage again on Monday.\nThe global forecast for the Asian markets is soft on omicron coronavirus concerns and sinking oil prices. The European markets were mixed and the U.S. bourses were down and the Asian markets figure to split the difference.\nThe STI finished modestly lower on Friday following losses from the industrials and properties, while the financials came in mixed.\nFor the day, the index lost 17.17 points or 0.55 percent to finish at the daily low of 3,111.63 after peaking at 3,134.99. Volume was 1.2 billion shares worth 1.5 billion Singapore dollars. There were 280 decliners and 188 gainers.\nAmong the actives, CapitaLand Integrated Commercial Trust and Mapletree Commercial Trust both slumped 0.50 percent, while City Developments tanked 1.45 percent, Comfort DelGro lost 0.72 percent, Dairy Farm International slid 0.36 percent, DBS Group collected 0.34 percent, Genting Singapore fell 0.65 percent, Hongkong Land plummeted 2.07 percent, Keppel Corp and Venture Corporation both sank 0.97 percent, Mapletree Logistics Trust weakened 0.53 percent, Oversea-Chinese Banking Corporation eased 0.09 percent, SATS skidded 1.03 percent, SembCorp Industries plunged 1.49 percent, Singapore Airlines dropped 0.81 percent, Singapore Exchange tumbled 1.39 percent, Singapore Press Holdings added 0.43 percent, Singapore Technologies Engineering retreated 1.06 percent, SingTel stumbled 0.63 percent, Thai Beverage shed 0.75 percent, United Overseas Bank dipped 0.30 percent, Wilmar International declined 1.21 percent and Yangzijiang Shipbuilding and Ascendas REIT were unchanged.\nThe lead from Wall Street is negative as the major averages opened lower on a volatile Friday. The NASDAQ peeked briefly into the green but the markets all still finished in the red.\nThe Dow plunged 532.16 points or 1.48 percent to finish at 35,365.44, while the NASDAQ dipped 10.72 points or 0.07 percent to close at 15,169.68 and the S&P 500 sank 48.03 points or 1.03 percent to end at 4,620.64. For the week, the NASDAQ plunged 2.9 percent, the Dow lost 1.7 percent and the S&P was down 1.9 percent.\nThe volatility on Wall Street came on a quadruple witching day, with stock options, index options, stock futures and index futures all expiring.\nConcerns about the impact of the Omicron variant of the coronavirus also weighed on the markets along with worries about ongoing supply chain issues.\nCrude oil prices tumbled Friday on concerns for energy demand due to a rapid surge in Omicron variant of the coronavirus and reimposition of restrictions. West Texas Intermediate Crude oil futures for January sank $1.52 or 2.1 percent at $70.86 a barrel. WTI crude futures shed 1.1 percent in the week.","news_type":1,"symbols_score_info":{"STI.SI":0.9}},"isVote":1,"tweetType":1,"viewCount":2495,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":601254074,"gmtCreate":1638538714289,"gmtModify":1638538714289,"author":{"id":"4090112389805630","authorId":"4090112389805630","name":"MarkOng","avatar":"https://static.tigerbbs.com/918d105c8f52ec2b407c5fca049c3376","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4090112389805630","idStr":"4090112389805630"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/601254074","repostId":"1164605320","repostType":4,"repost":{"id":"1164605320","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":1638538539,"share":"https://www.laohu8.com/m/news/1164605320?lang=zh_CN&edition=full","pubTime":"2021-12-03 21:35","market":"us","language":"en","title":"Toplines Before US Market Open on Friday<blockquote>周五美国市场开盘前的营收</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1164605320","media":"Tiger Newspress","summary":"U.S. stock index futures gains as headline number for jobs report comes in lighter than expected.At 8:34 a.m. ET, Dow e-minis were up 121 points, or 0.35%, S&P 500 e-minis were up 20.5 points, or 0.45%, and Nasdaq 100 e-minis were up 103.25 points, or 0.65%.The U.S. economy created far fewer jobs than expected in November, before a new Covid threat created a scare that growth could slow into the winter, the Labor Department reported Friday.Nonfarm payrolls increased by just 210,000 for the month","content":"<p>U.S. stock index futures gains as headline number for jobs report comes in lighter than expected.</p><p><blockquote>由于就业报告总体数据低于预期，美国股指期货上涨。</blockquote></p><p> At 8:34 a.m. ET, Dow e-minis were up 121 points, or 0.35%, S&amp;P 500 e-minis were up 20.5 points, or 0.45%, and Nasdaq 100 e-minis were up 103.25 points, or 0.65%.</p><p><blockquote>截至美国东部时间上午8:34，道指e-minis上涨121点，涨幅0.35%，标普500 e-minis上涨20.5点，涨幅0.45%，纳斯达克100 e-minis上涨103.25点，涨幅0.65%。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/20c2b6513372a62312316352a7b69eeb\" tg-width=\"404\" tg-height=\"183\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p> The U.S. economy created far fewer jobs than expected in November, before a new Covid threat created a scare that growth could slow into the winter, the Labor Department reported Friday.</p><p><blockquote>美国劳工部周五报告称，11月份美国经济创造的就业机会远低于预期，随后新的新冠疫情威胁引发了人们对增长可能放缓至冬季的担忧。</blockquote></p><p> Nonfarm payrolls increased by just 210,000 for the month, though the unemployment rate fell sharply to 4.2% from 4.6%, even though the labor force participation rate increased for the month to 61.8%, its highest level since March 2020.</p><p><blockquote>当月非农就业人数仅增加21万人，尽管失业率从4.6%大幅降至4.2%，尽管当月劳动力参与率升至61.8%，为2020年3月以来的最高水平。</blockquote></p><p> The Dow Jones estimate was for 573,000 new jobs and a jobless level of 4.5%.</p><p><blockquote>道琼斯估计新增就业岗位573,000个，失业率为4.5%。</blockquote></p><p> <b>Stocks making the biggest moves before the bell:</b></p><p><blockquote><b>盘前涨幅最大的股票：</b></blockquote></p><p> <b>DocuSign(DOCU) </b>- The software stock sank 32% after its&nbsp;fourth-quarter sales guidance came in at a range of $557 million to $563 million. Analysts surveyed by Refinitiv were expecting $573.8 million.</p><p><blockquote><b>DocuSign(DOCU)</b>-该软件股价下跌32%，此前其第四季度销售指引为5.57亿美元至5.63亿美元。Refinitiv调查的分析师预计为5.738亿美元。</blockquote></p><p> <b>Didi Global(DIDI) </b>- Shares of the Chinese ride-hailing firm&nbsp;dropped 10% in premarket trading&nbsp;after Didi announced that it would delist from the New York Stock Exchange and pursue a listing in Hong Kong.</p><p><blockquote><b>滴滴全球(DIDI)</b>-滴滴宣布将从纽约证券交易所退市并寻求在香港上市后，这家中国网约车公司的股价在盘前交易中下跌10%。</blockquote></p><p> <b>Peloton(PTON)</b> - The exercise equipment stock gained 3.7% before the bell following an&nbsp;initiation at buy from Deutsche Bank. The investment firm said that Peloton’s upside now outweighed its risks after a rough stretch for the stock.</p><p><blockquote><b>Peloton(PTON)</b>-德意志银行发起买入后，该运动设备股盘前上涨3.7%。该投资公司表示，在经历了一段艰难时期后，Peloton的上涨空间现在超过了风险。</blockquote></p><p> <b>Moderna(MRNA) </b>- The volatile shares of the vaccine maker jumped 5.8% as the&nbsp;Wall Street Journal&nbsp;reported that the Food and Drug Administration is working toward a quick review process for updated Covid shots.</p><p><blockquote><b>现代（MRNA）</b>–据《华尔街日报》报道，美国食品和药物管理局正在努力对更新的新冠疫苗进行快速审查，该疫苗制造商波动较大的股价上涨了5.8%。</blockquote></p><p> <b>Ulta Beauty(ULTA)</b> - The cosmetics retailer’s stock rose more than 5% after a stronger-than-expected third-quarter report. Ulta earned $3.93 per share on $2 billion in revenue during the quarter. Analysts surveyed by Refinitiv had expected $2.46 per share and $1.88 billion in revenue.</p><p><blockquote><b>Ulta Beauty(ULTA)</b>–在公布强于预期的第三季度报告后，这家化妆品零售商的股价上涨超过5%。Ulta本季度营收20亿美元，每股收益3.93美元。Refinitiv调查的分析师此前预期每股2.46美元，营收18.8亿美元。</blockquote></p><p> <b>Marvell Technology(MRVL)</b> - Shares of the chipmaker jumped 22% in premarket trading after Marvell beat estimates on the top and bottom lines for the third quarter. Marvell reported adjusted earnings of 43 cents per share on $1.21 billion of revenue. Analysts surveyed by Refinitiv were looking for 39 cents per share and $1.15 billion.</p><p><blockquote><b>Marvell技术(MRVL)</b>-Marvell第三季度营收和利润超出预期后，该芯片制造商的股价在盘前交易中上涨22%。Marvell公布调整后每股收益为43美分，营收为12.1亿美元。Refinitiv调查的分析师预计每股收益为39美分，每股收益为11.5亿美元。</blockquote></p><p> <b>Ollie's Bargain Outlet(OLLI) </b>- The discount retail chain's stock dropped 22.8% after Ollie's said supply chain issues led to a disappointing third-quarter report. The company missed estimates for earnings, revenue and comparable sales.</p><p><blockquote><b>奥利特价专卖店(OLLI)</b>-Ollie's表示供应链问题导致第三季度报告令人失望，该折扣零售连锁店股价下跌22.8%。该公司的盈利、收入和可比销售额均未达到预期。</blockquote></p><p> <b>Big Lots(BIG)</b> - The retail stock dipped 2.5% despite Big Lots reporting a narrower-than-expected loss per share for the third quarter. The company said that freight costs would make its full-year margins decline.</p><p><blockquote><b>大批量（Big）</b>-尽管Big Lot报告第三季度每股亏损窄于预期，但零售股仍下跌2.5%。该公司表示，运费成本将使其全年利润率下降。</blockquote></p><p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Toplines Before US Market Open on Friday<blockquote>周五美国市场开盘前的营收</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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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\">\nToplines Before US Market Open on Friday<blockquote>周五美国市场开盘前的营收</blockquote>\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time smaller\">2021-12-03 21:35</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>U.S. stock index futures gains as headline number for jobs report comes in lighter than expected.</p><p><blockquote>由于就业报告总体数据低于预期，美国股指期货上涨。</blockquote></p><p> At 8:34 a.m. ET, Dow e-minis were up 121 points, or 0.35%, S&amp;P 500 e-minis were up 20.5 points, or 0.45%, and Nasdaq 100 e-minis were up 103.25 points, or 0.65%.</p><p><blockquote>截至美国东部时间上午8:34，道指e-minis上涨121点，涨幅0.35%，标普500 e-minis上涨20.5点，涨幅0.45%，纳斯达克100 e-minis上涨103.25点，涨幅0.65%。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/20c2b6513372a62312316352a7b69eeb\" tg-width=\"404\" tg-height=\"183\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p> The U.S. economy created far fewer jobs than expected in November, before a new Covid threat created a scare that growth could slow into the winter, the Labor Department reported Friday.</p><p><blockquote>美国劳工部周五报告称，11月份美国经济创造的就业机会远低于预期，随后新的新冠疫情威胁引发了人们对增长可能放缓至冬季的担忧。</blockquote></p><p> Nonfarm payrolls increased by just 210,000 for the month, though the unemployment rate fell sharply to 4.2% from 4.6%, even though the labor force participation rate increased for the month to 61.8%, its highest level since March 2020.</p><p><blockquote>当月非农就业人数仅增加21万人，尽管失业率从4.6%大幅降至4.2%，尽管当月劳动力参与率升至61.8%，为2020年3月以来的最高水平。</blockquote></p><p> The Dow Jones estimate was for 573,000 new jobs and a jobless level of 4.5%.</p><p><blockquote>道琼斯估计新增就业岗位573,000个，失业率为4.5%。</blockquote></p><p> <b>Stocks making the biggest moves before the bell:</b></p><p><blockquote><b>盘前涨幅最大的股票：</b></blockquote></p><p> <b>DocuSign(DOCU) </b>- The software stock sank 32% after its&nbsp;fourth-quarter sales guidance came in at a range of $557 million to $563 million. Analysts surveyed by Refinitiv were expecting $573.8 million.</p><p><blockquote><b>DocuSign(DOCU)</b>-该软件股价下跌32%，此前其第四季度销售指引为5.57亿美元至5.63亿美元。Refinitiv调查的分析师预计为5.738亿美元。</blockquote></p><p> <b>Didi Global(DIDI) </b>- Shares of the Chinese ride-hailing firm&nbsp;dropped 10% in premarket trading&nbsp;after Didi announced that it would delist from the New York Stock Exchange and pursue a listing in Hong Kong.</p><p><blockquote><b>滴滴全球(DIDI)</b>-滴滴宣布将从纽约证券交易所退市并寻求在香港上市后，这家中国网约车公司的股价在盘前交易中下跌10%。</blockquote></p><p> <b>Peloton(PTON)</b> - The exercise equipment stock gained 3.7% before the bell following an&nbsp;initiation at buy from Deutsche Bank. The investment firm said that Peloton’s upside now outweighed its risks after a rough stretch for the stock.</p><p><blockquote><b>Peloton(PTON)</b>-德意志银行发起买入后，该运动设备股盘前上涨3.7%。该投资公司表示，在经历了一段艰难时期后，Peloton的上涨空间现在超过了风险。</blockquote></p><p> <b>Moderna(MRNA) </b>- The volatile shares of the vaccine maker jumped 5.8% as the&nbsp;Wall Street Journal&nbsp;reported that the Food and Drug Administration is working toward a quick review process for updated Covid shots.</p><p><blockquote><b>现代（MRNA）</b>–据《华尔街日报》报道，美国食品和药物管理局正在努力对更新的新冠疫苗进行快速审查，该疫苗制造商波动较大的股价上涨了5.8%。</blockquote></p><p> <b>Ulta Beauty(ULTA)</b> - The cosmetics retailer’s stock rose more than 5% after a stronger-than-expected third-quarter report. Ulta earned $3.93 per share on $2 billion in revenue during the quarter. Analysts surveyed by Refinitiv had expected $2.46 per share and $1.88 billion in revenue.</p><p><blockquote><b>Ulta Beauty(ULTA)</b>–在公布强于预期的第三季度报告后，这家化妆品零售商的股价上涨超过5%。Ulta本季度营收20亿美元，每股收益3.93美元。Refinitiv调查的分析师此前预期每股2.46美元，营收18.8亿美元。</blockquote></p><p> <b>Marvell Technology(MRVL)</b> - Shares of the chipmaker jumped 22% in premarket trading after Marvell beat estimates on the top and bottom lines for the third quarter. Marvell reported adjusted earnings of 43 cents per share on $1.21 billion of revenue. Analysts surveyed by Refinitiv were looking for 39 cents per share and $1.15 billion.</p><p><blockquote><b>Marvell技术(MRVL)</b>-Marvell第三季度营收和利润超出预期后，该芯片制造商的股价在盘前交易中上涨22%。Marvell公布调整后每股收益为43美分，营收为12.1亿美元。Refinitiv调查的分析师预计每股收益为39美分，每股收益为11.5亿美元。</blockquote></p><p> <b>Ollie's Bargain Outlet(OLLI) </b>- The discount retail chain's stock dropped 22.8% after Ollie's said supply chain issues led to a disappointing third-quarter report. The company missed estimates for earnings, revenue and comparable sales.</p><p><blockquote><b>奥利特价专卖店(OLLI)</b>-Ollie's表示供应链问题导致第三季度报告令人失望，该折扣零售连锁店股价下跌22.8%。该公司的盈利、收入和可比销售额均未达到预期。</blockquote></p><p> <b>Big Lots(BIG)</b> - The retail stock dipped 2.5% despite Big Lots reporting a narrower-than-expected loss per share for the third quarter. The company said that freight costs would make its full-year margins decline.</p><p><blockquote><b>大批量（Big）</b>-尽管Big Lot报告第三季度每股亏损窄于预期，但零售股仍下跌2.5%。该公司表示，运费成本将使其全年利润率下降。</blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯",".SPX":"S&P 500 Index","DIDI":"滴滴(已退市)","DOCU":"Docusign","ULTA":"Ulta美容",".IXIC":"NASDAQ Composite","OLLI":"Ollie's Bargain Outlet Holdings, Inc.","MRVL":"迈威尔科技","PTON":"Peloton Interactive, Inc.","MRNA":"Moderna, Inc."},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1164605320","content_text":"U.S. stock index futures gains as headline number for jobs report comes in lighter than expected.\nAt 8:34 a.m. ET, Dow e-minis were up 121 points, or 0.35%, S&P 500 e-minis were up 20.5 points, or 0.45%, and Nasdaq 100 e-minis were up 103.25 points, or 0.65%.\n\nThe U.S. economy created far fewer jobs than expected in November, before a new Covid threat created a scare that growth could slow into the winter, the Labor Department reported Friday.\nNonfarm payrolls increased by just 210,000 for the month, though the unemployment rate fell sharply to 4.2% from 4.6%, even though the labor force participation rate increased for the month to 61.8%, its highest level since March 2020.\nThe Dow Jones estimate was for 573,000 new jobs and a jobless level of 4.5%.\nStocks making the biggest moves before the bell:\nDocuSign(DOCU) - The software stock sank 32% after its fourth-quarter sales guidance came in at a range of $557 million to $563 million. Analysts surveyed by Refinitiv were expecting $573.8 million.\nDidi Global(DIDI) - Shares of the Chinese ride-hailing firm dropped 10% in premarket trading after Didi announced that it would delist from the New York Stock Exchange and pursue a listing in Hong Kong.\nPeloton(PTON) - The exercise equipment stock gained 3.7% before the bell following an initiation at buy from Deutsche Bank. The investment firm said that Peloton’s upside now outweighed its risks after a rough stretch for the stock.\nModerna(MRNA) - The volatile shares of the vaccine maker jumped 5.8% as the Wall Street Journal reported that the Food and Drug Administration is working toward a quick review process for updated Covid shots.\nUlta Beauty(ULTA) - The cosmetics retailer’s stock rose more than 5% after a stronger-than-expected third-quarter report. Ulta earned $3.93 per share on $2 billion in revenue during the quarter. Analysts surveyed by Refinitiv had expected $2.46 per share and $1.88 billion in revenue.\nMarvell Technology(MRVL) - Shares of the chipmaker jumped 22% in premarket trading after Marvell beat estimates on the top and bottom lines for the third quarter. Marvell reported adjusted earnings of 43 cents per share on $1.21 billion of revenue. Analysts surveyed by Refinitiv were looking for 39 cents per share and $1.15 billion.\nOllie's Bargain Outlet(OLLI) - The discount retail chain's stock dropped 22.8% after Ollie's said supply chain issues led to a disappointing third-quarter report. The company missed estimates for earnings, revenue and comparable sales.\nBig Lots(BIG) - The retail stock dipped 2.5% despite Big Lots reporting a narrower-than-expected loss per share for the third quarter. 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?","images":[],"top":1,"highlighted":2,"essential":1,"paper":1,"likeSize":1,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/603388163","isVote":1,"tweetType":1,"viewCount":3092,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3566385558470298","authorId":"3566385558470298","name":"Venus_M","avatar":"https://static.tigerbbs.com/525433622d774840840ddaacaf2281d2","crmLevel":11,"crmLevelSwitch":0,"authorIdStr":"3566385558470298","idStr":"3566385558470298"},"content":"if you have 10 chats in a post then u will have it complete","text":"if you have 10 chats in a post then u will have it complete","html":"if you have 10 chats in a post then u will have it complete"}],"imageCount":0,"langContent":"CN","totalScore":0},{"id":844647563,"gmtCreate":1636425600099,"gmtModify":1636425600214,"author":{"id":"4090112389805630","authorId":"4090112389805630","name":"MarkOng","avatar":"https://static.tigerbbs.com/918d105c8f52ec2b407c5fca049c3376","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4090112389805630","idStr":"4090112389805630"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/HST.SI\">$Lion-OCBC Sec HSTECH S$(HST.SI)$</a>Rubbish share","listText":"<a href=\"https://laohu8.com/S/HST.SI\">$Lion-OCBC Sec HSTECH S$(HST.SI)$</a>Rubbish share","text":"$Lion-OCBC Sec HSTECH S$(HST.SI)$Rubbish share","images":[{"img":"https://static.tigerbbs.com/3435fae155a40aa80c20b97681ba483a","width":"1125","height":"2527"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/844647563","isVote":1,"tweetType":1,"viewCount":891,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"CN","totalScore":0},{"id":874417311,"gmtCreate":1637810624332,"gmtModify":1637810624332,"author":{"id":"4090112389805630","authorId":"4090112389805630","name":"MarkOng","avatar":"https://static.tigerbbs.com/918d105c8f52ec2b407c5fca049c3376","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4090112389805630","idStr":"4090112389805630"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/HST.SI\">$Lion-OCBC Sec HSTECH S$(HST.SI)$</a>up","listText":"<a href=\"https://laohu8.com/S/HST.SI\">$Lion-OCBC Sec HSTECH S$(HST.SI)$</a>up","text":"$Lion-OCBC Sec HSTECH 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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":1637246010,"share":"https://www.laohu8.com/m/news/1140578715?lang=zh_CN&edition=full","pubTime":"2021-11-18 22:33","market":"us","language":"en","title":"S&P 500 rises slightly led by tech shares as Nvidia soars<blockquote>英伟达飙升，科技股领涨标普500小幅上涨</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1140578715","media":"Tiger Newspress","summary":"The S&P 500 and the Nasdaq indexes opened higher on Thursday as chipmaker Nvidia rallied on robust t","content":"<p>The S&amp;P 500 and the Nasdaq indexes opened higher on Thursday as chipmaker Nvidia rallied on robust third-quarter results, while a fresh batch of positive retail earnings indicated strength in consumer spending against the backdrop of rising inflation.</p><p><blockquote>标普500和纳斯达克指数周四高开，芯片制造商英伟达因强劲的第三季度业绩而上涨，而新一批积极的零售收益表明，在通胀上升的背景下，消费者支出强劲。</blockquote></p><p> The Dow Jones Industrial Average(.DJI)fell 29.36 points, or 0.08%, at the open to 35,901.69.</p><p><blockquote>道琼斯工业平均指数(.DJI)开盘下跌29.36点，跌幅0.08%，至35,901.69点。</blockquote></p><p> The S&amp;P 500(.SPX)opened higher by 12.05 points, or 0.26%, at 4,700.72, while the Nasdaq Composite(.IXIC)gained 51.82 points, or 0.33%, to 15,973.40 at the opening bell.</p><p><blockquote>标普500(.SPX)开盘上涨12.05点，涨幅0.26%，至4,700.72点，而纳斯达克综合指数(.IXIC)开盘上涨51.82点，涨幅0.33%，至15,973.40点。</blockquote></p><p> Nvidia&nbsp;shares popped more than 8% afterbeating on the top and bottom linesof its quarterly results and issued a bullish revenue forecast for the current quarter ending in January. The chipmaker reporter a 55% gain in data center sales from the same period a year ago and its biggest market, gaming, reported a 42% sales increase.</p><p><blockquote>英伟达(Nvidia)的季度业绩营收和利润均超出预期，并发布了截至1月份的本季度的乐观收入预测，股价上涨了8%以上。这家芯片制造商报告称，数据中心销售额较去年同期增长了55%，其最大的市场游戏销售额增长了42%。</blockquote></p><p> Those gains helped lift other chip stocks trading. Advanced Micro Devices gained nearly 3%. Skyworks and Micron Technology added more than 1%. Separately, GlobalFoundries jumped more than 8% after revealing itentered a partnership with Fordto help the automaker increase its chip supply.</p><p><blockquote>这些涨幅帮助提振了其他芯片股的交易。Advanced Micro Devices上涨近3%。Skyworks和美光科技涨幅超过1%。另外，GlobalFoundries在透露与福特建立合作伙伴关系以帮助该汽车制造商增加芯片供应后，股价上涨超过8%。</blockquote></p><p> Retail continued its big earnings week. Shares of Macy’s and Kohl’s kicked the day off jumping 15% and 8%, respectively. Both companies smashed quarterly profit and revenue estimates, much like its peers who reported earlier in the week. Most have reported same-store sales gains from the previous year and investors are optimistic going into the holiday shopping season.</p><p><blockquote>零售业继续其强劲的财报周。梅西百货(Macy's)和科尔百货(Kohl's)的股价当天分别上涨15%和8%。两家公司都超出了季度利润和收入预期，与本周早些时候公布的同行非常相似。大多数公司报告同店销售额较上一年有所增长，投资者对进入假日购物季持乐观态度。</blockquote></p><p> Retail stocks broadly traded higher on Thursday, and the SPDR S&amp;P Retail ETF gained 1.5%.</p><p><blockquote>周四零售股普遍走高，SPDR S&amp;P Retail ETF上涨1.5%。</blockquote></p><p> Elsewhere, Deere saw its shares rise more than 2% after it came to a resolution with workers who had been on strike since Oct. 14.</p><p><blockquote>其他方面，Deere在与自10月14日以来一直罢工的工人达成解决方案后，其股价上涨超过2%。</blockquote></p><p> Dow component Boeing also saw its shares rise another almost 2% following an upgrade from JPMorgan, which said the aerospace giant has significant upside as it clears up several issues that have dogged the company.</p><p><blockquote>道指成分股波音公司的股价在摩根大通上调评级后也上涨了近2%，摩根大通表示，随着解决了困扰该公司的几个问题，这家航空航天巨头具有显着的上涨空间。</blockquote></p><p> Going in the other direction, Cisco Systems fell 7% due toweaker revenue guidance and a revenue miss. Kraft Heinz shares also dropped more than 3% after the company announced a secondary offering of common stock.</p><p><blockquote>另一方面，由于收入指引减弱和收入未达预期，思科系统公司股价下跌7%。卡夫亨氏宣布二次发行普通股后，该公司股价也下跌超过3%。</blockquote></p><p> Initial filings for unemployment insurance fell slightly to 268,000 for the week ending Nov. 13, the Labor Department reported Thursday. That was the lowest level since March 2020, and the seventh straight weekly decline. Economists polled by Dow Jones expected them to have fallen to 260,000, compared to the previous week’s adjusted 269,000 claims.</p><p><blockquote>美国劳工部周四报告称，截至11月13日当周，首次申请失业保险的人数小幅下降至268,000人。这是自2020年3月以来的最低水平，也是连续第七周下跌。道琼斯调查的经济学家预计失业人数将降至26万人，而前一周调整后的失业人数为26.9万人。</blockquote></p><p> On&nbsp;Wednesday, the Dow Jones Industrial Average lost 211 points, dragged down by a 4.7% loss in Visa shares. The S&amp;P 500 dipped 0.26%. The Nasdaq Composite ticked 0.33% lower, despite most mega-cap technology companies closing in the green.</p><p><blockquote>周三，受Visa股价下跌4.7%拖累，道琼斯工业平均指数下跌211点。标普500下跌0.26%。尽管大多数大型科技公司收盘上涨，但纳斯达克综合指数仍下跌0.33%。</blockquote></p><p> The small-cap benchmark Russell 2000 was the relative underperformer on Wednesday, dropping 1.2%.</p><p><blockquote>周三，小盘股基准罗素2000指数表现相对不佳，下跌1.2%。</blockquote></p><p> “Recent economic reports remain strong, but today’s stock market action highlights that it is already discounting another Covid cycle,” said Jim Paulsen, chief investment strategist for Leuthold Group.</p><p><blockquote>Leuthold Group首席投资策略师吉姆·保尔森(Jim Paulsen)表示：“最近的经济报告仍然强劲，但今天的股市走势突显出，它已经在低估另一个新冠疫情周期。”</blockquote></p><p> “Concerns about Covid also caused the 10-year bond yield to decline for the first time in 6 days and kept downward pressure on commodity prices including another sizable drop in crude oil prices. If inflation keeps rising while another Covid surge again stalls real economic activity, we may find out how the stock market handles a pseudo-stagflationary episode,” he added.</p><p><blockquote>“对新冠疫情的担忧还导致10年期债券收益率6天来首次下降，并给大宗商品价格带来下行压力，包括原油价格再次大幅下跌。如果通胀持续上升，而新冠疫情再次飙升再次阻碍实体经济活动，我们可能会发现股市如何应对伪滞胀事件，”他补充道。</blockquote></p><p> Investors await more retail earnings on Thursday withApplied MaterialsandPalo Alto Networksreporting after the bell.</p><p><blockquote>投资者等待周四应用材料公司和帕洛阿尔托网络公司盘后公布更多零售收益。</blockquote></p><p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>S&P 500 rises slightly led by tech shares as Nvidia soars<blockquote>英伟达飙升，科技股领涨标普500小幅上涨</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nS&P 500 rises slightly led by tech shares as Nvidia soars<blockquote>英伟达飙升，科技股领涨标普500小幅上涨</blockquote>\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time smaller\">2021-11-18 22:33</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>The S&amp;P 500 and the Nasdaq indexes opened higher on Thursday as chipmaker Nvidia rallied on robust third-quarter results, while a fresh batch of positive retail earnings indicated strength in consumer spending against the backdrop of rising inflation.</p><p><blockquote>标普500和纳斯达克指数周四高开，芯片制造商英伟达因强劲的第三季度业绩而上涨，而新一批积极的零售收益表明，在通胀上升的背景下，消费者支出强劲。</blockquote></p><p> The Dow Jones Industrial Average(.DJI)fell 29.36 points, or 0.08%, at the open to 35,901.69.</p><p><blockquote>道琼斯工业平均指数(.DJI)开盘下跌29.36点，跌幅0.08%，至35,901.69点。</blockquote></p><p> The S&amp;P 500(.SPX)opened higher by 12.05 points, or 0.26%, at 4,700.72, while the Nasdaq Composite(.IXIC)gained 51.82 points, or 0.33%, to 15,973.40 at the opening bell.</p><p><blockquote>标普500(.SPX)开盘上涨12.05点，涨幅0.26%，至4,700.72点，而纳斯达克综合指数(.IXIC)开盘上涨51.82点，涨幅0.33%，至15,973.40点。</blockquote></p><p> Nvidia&nbsp;shares popped more than 8% afterbeating on the top and bottom linesof its quarterly results and issued a bullish revenue forecast for the current quarter ending in January. The chipmaker reporter a 55% gain in data center sales from the same period a year ago and its biggest market, gaming, reported a 42% sales increase.</p><p><blockquote>英伟达(Nvidia)的季度业绩营收和利润均超出预期，并发布了截至1月份的本季度的乐观收入预测，股价上涨了8%以上。这家芯片制造商报告称，数据中心销售额较去年同期增长了55%，其最大的市场游戏销售额增长了42%。</blockquote></p><p> Those gains helped lift other chip stocks trading. Advanced Micro Devices gained nearly 3%. Skyworks and Micron Technology added more than 1%. Separately, GlobalFoundries jumped more than 8% after revealing itentered a partnership with Fordto help the automaker increase its chip supply.</p><p><blockquote>这些涨幅帮助提振了其他芯片股的交易。Advanced Micro Devices上涨近3%。Skyworks和美光科技涨幅超过1%。另外，GlobalFoundries在透露与福特建立合作伙伴关系以帮助该汽车制造商增加芯片供应后，股价上涨超过8%。</blockquote></p><p> Retail continued its big earnings week. Shares of Macy’s and Kohl’s kicked the day off jumping 15% and 8%, respectively. Both companies smashed quarterly profit and revenue estimates, much like its peers who reported earlier in the week. Most have reported same-store sales gains from the previous year and investors are optimistic going into the holiday shopping season.</p><p><blockquote>零售业继续其强劲的财报周。梅西百货(Macy's)和科尔百货(Kohl's)的股价当天分别上涨15%和8%。两家公司都超出了季度利润和收入预期，与本周早些时候公布的同行非常相似。大多数公司报告同店销售额较上一年有所增长，投资者对进入假日购物季持乐观态度。</blockquote></p><p> Retail stocks broadly traded higher on Thursday, and the SPDR S&amp;P Retail ETF gained 1.5%.</p><p><blockquote>周四零售股普遍走高，SPDR S&amp;P Retail ETF上涨1.5%。</blockquote></p><p> Elsewhere, Deere saw its shares rise more than 2% after it came to a resolution with workers who had been on strike since Oct. 14.</p><p><blockquote>其他方面，Deere在与自10月14日以来一直罢工的工人达成解决方案后，其股价上涨超过2%。</blockquote></p><p> Dow component Boeing also saw its shares rise another almost 2% following an upgrade from JPMorgan, which said the aerospace giant has significant upside as it clears up several issues that have dogged the company.</p><p><blockquote>道指成分股波音公司的股价在摩根大通上调评级后也上涨了近2%，摩根大通表示，随着解决了困扰该公司的几个问题，这家航空航天巨头具有显着的上涨空间。</blockquote></p><p> Going in the other direction, Cisco Systems fell 7% due toweaker revenue guidance and a revenue miss. Kraft Heinz shares also dropped more than 3% after the company announced a secondary offering of common stock.</p><p><blockquote>另一方面，由于收入指引减弱和收入未达预期，思科系统公司股价下跌7%。卡夫亨氏宣布二次发行普通股后，该公司股价也下跌超过3%。</blockquote></p><p> Initial filings for unemployment insurance fell slightly to 268,000 for the week ending Nov. 13, the Labor Department reported Thursday. That was the lowest level since March 2020, and the seventh straight weekly decline. Economists polled by Dow Jones expected them to have fallen to 260,000, compared to the previous week’s adjusted 269,000 claims.</p><p><blockquote>美国劳工部周四报告称，截至11月13日当周，首次申请失业保险的人数小幅下降至268,000人。这是自2020年3月以来的最低水平，也是连续第七周下跌。道琼斯调查的经济学家预计失业人数将降至26万人，而前一周调整后的失业人数为26.9万人。</blockquote></p><p> On&nbsp;Wednesday, the Dow Jones Industrial Average lost 211 points, dragged down by a 4.7% loss in Visa shares. The S&amp;P 500 dipped 0.26%. The Nasdaq Composite ticked 0.33% lower, despite most mega-cap technology companies closing in the green.</p><p><blockquote>周三，受Visa股价下跌4.7%拖累，道琼斯工业平均指数下跌211点。标普500下跌0.26%。尽管大多数大型科技公司收盘上涨，但纳斯达克综合指数仍下跌0.33%。</blockquote></p><p> The small-cap benchmark Russell 2000 was the relative underperformer on Wednesday, dropping 1.2%.</p><p><blockquote>周三，小盘股基准罗素2000指数表现相对不佳，下跌1.2%。</blockquote></p><p> “Recent economic reports remain strong, but today’s stock market action highlights that it is already discounting another Covid cycle,” said Jim Paulsen, chief investment strategist for Leuthold Group.</p><p><blockquote>Leuthold Group首席投资策略师吉姆·保尔森(Jim Paulsen)表示：“最近的经济报告仍然强劲，但今天的股市走势突显出，它已经在低估另一个新冠疫情周期。”</blockquote></p><p> “Concerns about Covid also caused the 10-year bond yield to decline for the first time in 6 days and kept downward pressure on commodity prices including another sizable drop in crude oil prices. If inflation keeps rising while another Covid surge again stalls real economic activity, we may find out how the stock market handles a pseudo-stagflationary episode,” he added.</p><p><blockquote>“对新冠疫情的担忧还导致10年期债券收益率6天来首次下降，并给大宗商品价格带来下行压力，包括原油价格再次大幅下跌。如果通胀持续上升，而新冠疫情再次飙升再次阻碍实体经济活动，我们可能会发现股市如何应对伪滞胀事件，”他补充道。</blockquote></p><p> Investors await more retail earnings on Thursday withApplied MaterialsandPalo Alto Networksreporting after the bell.</p><p><blockquote>投资者等待周四应用材料公司和帕洛阿尔托网络公司盘后公布更多零售收益。</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":"1140578715","content_text":"The S&P 500 and the Nasdaq indexes opened higher on Thursday as chipmaker Nvidia rallied on robust third-quarter results, while a fresh batch of positive retail earnings indicated strength in consumer spending against the backdrop of rising inflation.\nThe Dow Jones Industrial Average(.DJI)fell 29.36 points, or 0.08%, at the open to 35,901.69.\nThe S&P 500(.SPX)opened higher by 12.05 points, or 0.26%, at 4,700.72, while the Nasdaq Composite(.IXIC)gained 51.82 points, or 0.33%, to 15,973.40 at the opening bell.\nNvidia shares popped more than 8% afterbeating on the top and bottom linesof its quarterly results and issued a bullish revenue forecast for the current quarter ending in January. The chipmaker reporter a 55% gain in data center sales from the same period a year ago and its biggest market, gaming, reported a 42% sales increase.\nThose gains helped lift other chip stocks trading. Advanced Micro Devices gained nearly 3%. Skyworks and Micron Technology added more than 1%. Separately, GlobalFoundries jumped more than 8% after revealing itentered a partnership with Fordto help the automaker increase its chip supply.\nRetail continued its big earnings week. Shares of Macy’s and Kohl’s kicked the day off jumping 15% and 8%, respectively. Both companies smashed quarterly profit and revenue estimates, much like its peers who reported earlier in the week. Most have reported same-store sales gains from the previous year and investors are optimistic going into the holiday shopping season.\nRetail stocks broadly traded higher on Thursday, and the SPDR S&P Retail ETF gained 1.5%.\nElsewhere, Deere saw its shares rise more than 2% after it came to a resolution with workers who had been on strike since Oct. 14.\nDow component Boeing also saw its shares rise another almost 2% following an upgrade from JPMorgan, which said the aerospace giant has significant upside as it clears up several issues that have dogged the company.\nGoing in the other direction, Cisco Systems fell 7% due toweaker revenue guidance and a revenue miss. Kraft Heinz shares also dropped more than 3% after the company announced a secondary offering of common stock.\nInitial filings for unemployment insurance fell slightly to 268,000 for the week ending Nov. 13, the Labor Department reported Thursday. That was the lowest level since March 2020, and the seventh straight weekly decline. Economists polled by Dow Jones expected them to have fallen to 260,000, compared to the previous week’s adjusted 269,000 claims.\nOn Wednesday, the Dow Jones Industrial Average lost 211 points, dragged down by a 4.7% loss in Visa shares. The S&P 500 dipped 0.26%. The Nasdaq Composite ticked 0.33% lower, despite most mega-cap technology companies closing in the green.\nThe small-cap benchmark Russell 2000 was the relative underperformer on Wednesday, dropping 1.2%.\n“Recent economic reports remain strong, but today’s stock market action highlights that it is already discounting another Covid cycle,” said Jim Paulsen, chief investment strategist for Leuthold Group.\n“Concerns about Covid also caused the 10-year bond yield to decline for the first time in 6 days and kept downward pressure on commodity prices including another sizable drop in crude oil prices. If inflation keeps rising while another Covid surge again stalls real economic activity, we may find out how the stock market handles a pseudo-stagflationary episode,” he added.\nInvestors await more retail earnings on Thursday withApplied MaterialsandPalo Alto Networksreporting after the bell.","news_type":1,"symbols_score_info":{".SPX":0.9,".IXIC":0.9,".DJI":0.9}},"isVote":1,"tweetType":1,"viewCount":1209,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":607871437,"gmtCreate":1639528942805,"gmtModify":1639528942885,"author":{"id":"4090112389805630","authorId":"4090112389805630","name":"MarkOng","avatar":"https://static.tigerbbs.com/918d105c8f52ec2b407c5fca049c3376","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4090112389805630","idStr":"4090112389805630"},"themes":[],"htmlText":"Nice&nbsp;","listText":"Nice&nbsp;","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/607871437","repostId":"2191329909","repostType":4,"isVote":1,"tweetType":1,"viewCount":1957,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":604624850,"gmtCreate":1639390792660,"gmtModify":1639391151419,"author":{"id":"4090112389805630","authorId":"4090112389805630","name":"MarkOng","avatar":"https://static.tigerbbs.com/918d105c8f52ec2b407c5fca049c3376","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4090112389805630","idStr":"4090112389805630"},"themes":[],"htmlText":"Wow","listText":"Wow","text":"Wow","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/604624850","repostId":"1191584533","repostType":4,"repost":{"id":"1191584533","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":1639387294,"share":"https://www.laohu8.com/m/news/1191584533?lang=zh_CN&edition=full","pubTime":"2021-12-13 17:21","market":"us","language":"en","title":"Apple rose 1% in premarket trading,with its market value reaching nearly 3 trillion dollars<blockquote>苹果盘前涨1%市值近3万亿美元</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1191584533","media":"Tiger Newspress","summary":"Apple rose 1% in premarket trading, with its market value reaching nearly 3 trillion dollars.Apple I","content":"<p>Apple rose 1% in premarket trading,&nbsp;with its market value reaching nearly 3 trillion dollars.<img src=\"https://static.tigerbbs.com/e9791d034ae0c6c9d0e8735f3c22dbcb\" tg-width=\"773\" tg-height=\"573\" referrerpolicy=\"no-referrer\"><b>Apple Inc</b>(NASDAQ:AAPL) is gearing up to launch the latest version of its iPhone and iPad operating system, which will contain nudity detection in the Messages app for devices used by children, as per journalist&nbsp;<b>Mark Gurman.</b></p><p><blockquote>苹果盘前交易中上涨1%，市值接近3万亿美元。<b>苹果公司</b>据记者报道，（纳斯达克：AAPL）正准备推出最新版本的iPhone和iPad操作系统，该操作系统将在儿童使用的设备的Messages应用程序中包含裸体检测功能<b>马克·古尔曼。</b></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>Apple rose 1% in premarket trading,with its market value reaching nearly 3 trillion dollars<blockquote>苹果盘前涨1%市值近3万亿美元</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nApple rose 1% in premarket trading,with its market value reaching nearly 3 trillion dollars<blockquote>苹果盘前涨1%市值近3万亿美元</blockquote>\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time smaller\">2021-12-13 17:21</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>Apple rose 1% in premarket trading,&nbsp;with its market value reaching nearly 3 trillion dollars.<img src=\"https://static.tigerbbs.com/e9791d034ae0c6c9d0e8735f3c22dbcb\" tg-width=\"773\" tg-height=\"573\" referrerpolicy=\"no-referrer\"><b>Apple Inc</b>(NASDAQ:AAPL) is gearing up to launch the latest version of its iPhone and iPad operating system, which will contain nudity detection in the Messages app for devices used by children, as per journalist&nbsp;<b>Mark Gurman.</b></p><p><blockquote>苹果盘前交易中上涨1%，市值接近3万亿美元。<b>苹果公司</b>据记者报道，（纳斯达克：AAPL）正准备推出最新版本的iPhone和iPad操作系统，该操作系统将在儿童使用的设备的Messages应用程序中包含裸体检测功能<b>马克·古尔曼。</b></blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1191584533","content_text":"Apple rose 1% in premarket trading, with its market value reaching nearly 3 trillion dollars.Apple Inc(NASDAQ:AAPL) is gearing up to launch the latest version of its iPhone and iPad operating system, which will contain nudity detection in the Messages app for devices used by children, as per journalist Mark Gurman.","news_type":1,"symbols_score_info":{"AAPL":0.9}},"isVote":1,"tweetType":1,"viewCount":2181,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":690958108,"gmtCreate":1639624639662,"gmtModify":1639624710369,"author":{"id":"4090112389805630","authorId":"4090112389805630","name":"MarkOng","avatar":"https://static.tigerbbs.com/918d105c8f52ec2b407c5fca049c3376","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4090112389805630","idStr":"4090112389805630"},"themes":[],"htmlText":"Good","listText":"Good","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/690958108","repostId":"1199047170","repostType":4,"repost":{"id":"1199047170","kind":"news","pubTimestamp":1639621171,"share":"https://www.laohu8.com/m/news/1199047170?lang=zh_CN&edition=full","pubTime":"2021-12-16 10:19","market":"us","language":"en","title":"Blackberry News: The BMW Deal Bouncing BB Stocky<blockquote>黑莓新闻：宝马交易反弹BB Stocky</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1199047170","media":"InvestorPlace","summary":"Blackberry(NYSE:BB) stock is on the move Wednesday after announcing a multi-year agreement with Baye","content":"<p><div> Blackberry(NYSE:BB) stock is on the move Wednesday after announcing a multi-year agreement with Bayerische Motoren Werke(OTCMKTS:BMWYY). According to a press release, Blackberry has signed a deal with...</p><p><blockquote><div>黑莓(NYSE：BB)在宣布与Bayerische Motoren Werke(OTCMKTS：BMWYY)达成多年协议后，股价周三上涨。根据新闻稿，黑莓已经签署了一项协议...</div></blockquote></p><p>  <a href=\"https://investorplace.com/2021/12/blackberry-news-the-bmw-deal-bouncing-bb-stock-today/\">网页链接</a>  </div> </p><p><blockquote><a href=\"https://investorplace.com/2021/12/blackberry-news-the-bmw-deal-bouncing-bb-stock-today/\">网页连接</a></blockquote></p><p></p>","source":"lsy1606302653667","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>Blackberry News: The BMW Deal Bouncing BB Stocky<blockquote>黑莓新闻：宝马交易反弹BB Stocky</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\">\nBlackberry News: The BMW Deal Bouncing BB Stocky<blockquote>黑莓新闻：宝马交易反弹BB Stocky</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">InvestorPlace</strong><span class=\"h-time small\">2021-12-16 10:19</span>\n</p>\n</h4>\n</header>\n<article>\n<p><div> Blackberry(NYSE:BB) stock is on the move Wednesday after announcing a multi-year agreement with Bayerische Motoren Werke(OTCMKTS:BMWYY). According to a press release, Blackberry has signed a deal with...</p><p><blockquote><div>黑莓(NYSE：BB)在宣布与Bayerische Motoren Werke(OTCMKTS：BMWYY)达成多年协议后，股价周三上涨。根据新闻稿，黑莓已经签署了一项协议...</div></blockquote></p><p>  <a href=\"https://investorplace.com/2021/12/blackberry-news-the-bmw-deal-bouncing-bb-stock-today/\">网页链接</a>  </div> </p><p><blockquote><a href=\"https://investorplace.com/2021/12/blackberry-news-the-bmw-deal-bouncing-bb-stock-today/\">网页连接</a></blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://investorplace.com/2021/12/blackberry-news-the-bmw-deal-bouncing-bb-stock-today/\">InvestorPlace</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":{"BMWYY":"宝马汽车","BB":"黑莓"},"source_url":"https://investorplace.com/2021/12/blackberry-news-the-bmw-deal-bouncing-bb-stock-today/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1199047170","content_text":"Blackberry(NYSE:BB) stock is on the move Wednesday after announcing a multi-year agreement with Bayerische Motoren Werke(OTCMKTS:BMWYY).\nAccording to a press release, Blackberry has signed a deal with BMW that will have the two working together to develop technology for the latter’s next generation of vehicles. That includes the licensing of BB’s QNX tech and sending a support group of engineers to help with vehicle automation plans.\nBlackberry notes that this will have its engineers working on new SAE Level 2/2+ self-driving functions. The goal would be for this to end up in multiple vehicles across different makes and models.\nThe initial news of the BMW deal sent BB stock higher when shares started trading this morning. However, the stock didn’t retain those gains and quickly started to sink back down to its closing price on Tuesday.\nIt’s worth noting that BB is a meme stock, which means it’s often subject to volatility. That’s exacerbated by the fact the shares trade below $10 each. This makes it easier for traders to get into the stock when news like this comes around. That results in it running higher before eventually falling.\nBacking that up is decent trading of BB stock today. The company has seen roughly 9 million shares change hands as of this writing. That’s close to its daily average trading volume of about 9.3 million shares.\nBB stock is up 3.84% as of Wednesday afternoon but is still up 34.69% since the start of the year.","news_type":1,"symbols_score_info":{"BMWYY":0.9,"BB":0.9}},"isVote":1,"tweetType":1,"viewCount":1977,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":879336704,"gmtCreate":1636681245078,"gmtModify":1636681644676,"author":{"id":"4090112389805630","authorId":"4090112389805630","name":"MarkOng","avatar":"https://static.tigerbbs.com/918d105c8f52ec2b407c5fca049c3376","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4090112389805630","idStr":"4090112389805630"},"themes":[],"htmlText":"Keep for dividends 😂","listText":"Keep for dividends 😂","text":"Keep for dividends 😂","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/879336704","repostId":"879338549","repostType":1,"repost":{"id":879338549,"gmtCreate":1636681168606,"gmtModify":1636681170074,"author":{"id":"4090048295784430","authorId":"4090048295784430","name":"Nhungpham","avatar":"https://static.tigerbbs.com/a8a77d4586b26d080642c4576b5b297e","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4090048295784430","idStr":"4090048295784430"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/SBUX\">$Starbucks(SBUX)$</a>Up to 117 near back to price buy in then get kick again drop like this ? 🥺","listText":"<a href=\"https://laohu8.com/S/SBUX\">$Starbucks(SBUX)$</a>Up to 117 near back to price buy in then get kick again drop like this ? 🥺","text":"$Starbucks(SBUX)$Up to 117 near back to price buy in then get kick again drop like this ? 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