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TruthfulPep
TruthfulPep
·
2021-08-06
[Miser]
Uber and Lyft are staging a ridiculous race for fake profits<blockquote>优步和Lyft正在上演一场荒谬的虚假利润竞赛</blockquote>
Lyft finally showed positive adjusted Ebitda in the second quarter, while Uber promises it by the en
Uber and Lyft are staging a ridiculous race for fake profits<blockquote>优步和Lyft正在上演一场荒谬的虚假利润竞赛</blockquote>
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TruthfulPep
TruthfulPep
·
2021-08-02
Hopefully [Miser]
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TruthfulPep
TruthfulPep
·
2021-07-31
No hood
Jim Cramer: Robinhood's IPO Debacle Shows How Little Has Changed Over the Decades<blockquote>吉姆·克莱默：Robinhood 的 IPO 失败表明几十年来变化很小</blockquote>
Take it from a guy who knows, the process is really flawed. What should Robinhood (HOOD) -Get Repor
Jim Cramer: Robinhood's IPO Debacle Shows How Little Has Changed Over the Decades<blockquote>吉姆·克莱默：Robinhood 的 IPO 失败表明几十年来变化很小</blockquote>
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TruthfulPep
TruthfulPep
·
2021-07-29
[Miser] [Miser] [Miser]
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TruthfulPep
TruthfulPep
·
2021-07-28
[Smile]
Activision CEO Apologizes After Employees Threaten to Walk Out<blockquote>员工威胁离职后动视首席执行官道歉</blockquote>
(Bloomberg) -- Activision Blizzard Inc. Chief Executive Officer Bobby Kotick responded to the threat
Activision CEO Apologizes After Employees Threaten to Walk Out<blockquote>员工威胁离职后动视首席执行官道歉</blockquote>
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TruthfulPep
TruthfulPep
·
2021-07-27
Growth stock [Happy]
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TruthfulPep
TruthfulPep
·
2021-07-26
Nice
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TruthfulPep
TruthfulPep
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2021-07-25
[Wow]
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TruthfulPep
TruthfulPep
·
2021-07-24
[Smile] TLSA
Tesla Earnings Are Coming. Here’s the One Number That Matters.<blockquote>特斯拉的收益即将到来。这是一个重要的数字。</blockquote>
Tesla’s second-quarter earnings are just around the corner, and investors should gear up for a likel
Tesla Earnings Are Coming. Here’s the One Number That Matters.<blockquote>特斯拉的收益即将到来。这是一个重要的数字。</blockquote>
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TruthfulPep
TruthfulPep
·
2021-07-23
Yeah!!![Miser]
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","listText":"[Miser] ","text":"[Miser]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/899781636","repostId":"1135807500","repostType":4,"repost":{"id":"1135807500","kind":"news","pubTimestamp":1628214290,"share":"https://www.laohunote.com/m/news/1135807500?lang=zh_CN&edition=full","pubTime":"2021-08-06 09:44","market":"us","language":"en","title":"Uber and Lyft are staging a ridiculous race for fake profits<blockquote>优步和Lyft正在上演一场荒谬的虚假利润竞赛</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1135807500","media":"MarketWatch","summary":"Lyft finally showed positive adjusted Ebitda in the second quarter, while Uber promises it by the en","content":"<p>Lyft finally showed positive adjusted Ebitda in the second quarter, while Uber promises it by the end of the year, but none of it is worth cheering as companies continue to run businesses with little hope of turning an actual profit anytime soon</p><p><blockquote>Lyft终于在第二季度显示出正的调整后 Ebitda，而 Uber 则承诺在今年年底前实现这一目标，但这些都不值得欢呼，因为公司继续开展业务，几乎没有希望很快实现实际利润</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/c1ac2b3a2871ea61cbb1975f552e20e5\" tg-width=\"700\" tg-height=\"466\" width=\"100%\" height=\"auto\"><span>It appears that the only way Uber and Lyft will be able to show any actual profit figure is to cut.</span></p><p><blockquote><p class=\"t-img-caption\"><span>看来优步和Lyft能够显示任何实际利润数字的唯一方法就是削减。</span></p></blockquote></p><p> Uber Technologies Inc. and Lyft Inc. are racing to prove to investors that they can be “profitable,” so expect even more cuts and made-up metrics on the road ahead.</p><p><blockquote>优步科技公司（Uber Technologies Inc.）和Lyft公司（Microsoft Inc.</blockquote></p><p> When the two ride-hailing companies reported earnings this week, Lyft managed to show positive adjusted Ebitda results, a longstanding goal, thanks to immense cost-cutting. Uber reported a steeper adjusted net loss than Wall Street had expected for the second quarter, while still promising to show green on its balance sheet — but also on an adjusted-Ebitda basis by the end of the year.</p><p><blockquote>当两家网约车公司本周公布财报时，由于大幅削减成本，Lyft设法显示出积极的调整后 Ebitda 业绩，这是一个长期目标。Uber 公布的第二季度调整后净亏损高于华尔街预期，但仍承诺在年底前实现资产负债表上的盈利，而且调整后的 Ebitda 也将实现盈利。</blockquote></p><p> While both companies continue to tell investors that reaching that goal shows “profitability,” it most certainly does not — the ride-hailing companies have continued to prove that their business is not profitable and most likely will not be as currently constructed. Both companies demonstrated their expensive issues with their recent results, even as they continue to fight to keep their drivers around the world as independent contractors to avoid the ever increasing costs of having employees.</p><p><blockquote>虽然两家公司都继续告诉投资者，实现这一目标就能显示出 “盈利能力”，但事实肯定并非如此--网约车公司不断证明，他们的业务并不盈利，而且很可能不会像目前那样发展。两家公司最近的业绩都证明了他们昂贵的问题，尽管他们继续努力让世界各地的司机保持独立承包商的身份，以避免不断增加的员工成本。</blockquote></p><p> Uber and Lyft have been spending heartily to attract more drivers lately as the delta variant of COVID-19 spreads. In early April,Uber unveiled a plan to spend $250 million to lure drivers back to the platform by giving them bonuses, as the pandemic seemed as if it were starting to ease up. Lyft said in its conference call that it spent $375 million in incentives that it classified as “contra revenue,” and it expects that the “contra revenue” will exceed $376 million in the third quarter.</p><p><blockquote>随着 COVID-19 的三角洲变种的传播，优步和Lyft最近一直在大力投入资金来吸引更多司机。4月初，Uber公布了一项计划，斥资2.5亿美元，通过向司机发放奖金来吸引他们重返该平台，因为疫情似乎开始缓解。Lyft在电话会议中表示，该公司在激励措施上花费了 3.75 亿美元，并将其归类为 “反收入 ”，预计第三季度 “反收入 ”将超过 3.76 亿美元。</blockquote></p><p> “No one can predict what’s going to happen with delta going forward,” Uber Chief Executive Dara Khosrowshahi told analysts when asked about its impact on the ride-hailing business. “But so far, we’re hedged and the trends that we’re seeing are pretty good.”</p><p><blockquote>“当被问及达美航空对打车业务的影响时，Uber 首席执行官达拉-科斯罗萨希（Dara Khosrowshahi）对分析师说：”没有人能预测达美航空未来会发生什么。“但到目前为止，我们已经进行了对冲，我们看到的趋势相当不错。”</blockquote></p><p> Uber is hedged with its Uber Eats business, which saw a huge surge of growth during the pandemic delivering restaurant meals to consumers while the rides business slowed down, but that business also has not shown itself to be profitable. Lyft does not have such a large additional business, and its stock tumbled after its earnings Tuesday over investor jitters about its outlook.</p><p><blockquote>Uber 用其 Uber Eats 业务进行了对冲，该业务在大流行期间为消费者提供餐厅餐食的业务大幅增长，而乘车业务则放缓，但该业务也没有证明自己是盈利的。Lyft没有如此大的额外业务，由于投资者对其前景感到不安，其股价在周二公布财报后暴跌。</blockquote></p><p> These types of costs will not disappear once the pandemic calms down. For example, the state of California is going to require nearly all ride-sharing vehicles to be electric by 2030, raising the huge question of who is going to pay for that transition, since drivers own their own cars. The federal government has its eyes on the practices of the gig economy, and could force changes that will increase costs, while Uber and Lyft tout a “third way” that they have proved in California will also require higher costs.</p><p><blockquote>一旦疫情平静下来，这些类型的成本不会消失。例如，加利福尼亚州将要求到 2030 年几乎所有拼车车辆都是电动汽车，这引发了一个巨大的问题，即谁将为这一转变买单，因为司机拥有自己的汽车。联邦政府正密切关注零工经济的做法，并可能迫使改变，从而增加成本，而 Uber 和Lyft则吹捧 “第三种方式”，他们在加州证明了这种方式也需要更高的成本。</blockquote></p><p> It would appear that the only way these companies will be able to show any profit figure, no matter how far from actual net income, is to cut.Last year, at the height of the pandemic, both companies shed jobs as part of their cost slashing.Uber cut about 6,700 jobs and Lyft laid off 1,000 employees, furloughing an additional 288.Uber has also been excising money-losing businesses, such as the divestiture of its self-driving unit.</p><p><blockquote>看来，这些公司能够显示任何利润数字的唯一方法，无论与实际净利润相差多远，就是削减。去年，在疫情最严重的时候，两家公司都裁员，作为削减成本的一部分。 Uber 裁员约 6,700 人，Lyft裁员 1,000 人，另有 288 人休假。 Uber 还一直在削减亏损业务，例如剥离其自动驾驶部门。</blockquote></p><p> Uber actually showed its second quarter of GAAP profitability as a public company Thursday, and for the second time, it was because of a paper gain on its investment in Chinese rival Didi Global Inc..That investment added a whopping $1.4 billion to the balance sheet because Uber valued it on June 30, just after an initial public offering that valued Didi highly but before actions by China took the shares down more than 50%.</p><p><blockquote>周四，Uber 实际上公布了作为一家上市公司的第二季度 GAAP 盈利能力，这是第二次，这是因为其对中国竞争对手滴滴全球公司的投资获得了账面收益。这项投资为资产负债表增加了高达 14 亿美元，因为 Uber 在 6 月 30 日对其进行了估值，就在首次公开募股之后，滴滴的估值很高，但在中国采取行动导致其股价下跌超过 50% 之前。</blockquote></p><p> No matter how many paper gains recorded or cuts the companies make — and expect Uber to announce more ahead of its must-prove fourth-quarter results — or costs they try to shove onto their gig workers, including car ownership, neither Lyft nor Uber look to be any closer to actual GAAP profitability.</p><p><blockquote>无论这些公司记录了多少账面收益或裁员——并预计 Uber 将在其必须证明的第四季度业绩之前宣布更多消息——或者他们试图将成本强加给临时工，包括汽车所有权，Lyft和 Uber 看起来都不会更接近实际的 GAAP 盈利能力。</blockquote></p><p> Uber and Lyft stocks are discounted, both lower than what they charged in their respective 2019 initial public offerings: Uber is closer to its $45 IPO price, closing at $43.07 on Thursday, while Lyft is trading about 33% lower than its IPO price.</p><p><blockquote>Uber 和Lyft的股票都有折扣，均低于各自 2019 年首次公开募股的价格：Uber 接近 45 美元的 IPO 价格，周四收于 43.07 美元，而Lyft的股价比其 IPO 价格低约 33%。</blockquote></p><p></p><p> After two-plus years as public companies that each reap billions of dollars in revenue with popular services for consumers, one might assume that Uber and Lyft might be closer to actual profitability. The lower stock prices give investors a potential opportunity to buy in, but if you do, don’t expect to see actual profit anytime soon.</p><p><blockquote>作为上市公司，两年多以来，优步和Lyft都通过为消费者提供受欢迎的服务获得了数十亿美元的收入，人们可能会认为优步和Lyft可能更接近实际盈利。较低的股价为投资者提供了潜在的买入机会，但如果你买入，也不要指望很快就能看到实际利润。</blockquote></p><p></p>","source":"lsy1603348471595","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Uber and Lyft are staging a ridiculous race for fake profits<blockquote>优步和Lyft正在上演一场荒谬的虚假利润竞赛</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\">\nUber and Lyft are staging a ridiculous race for fake profits<blockquote>优步和Lyft正在上演一场荒谬的虚假利润竞赛</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">MarketWatch</strong><span class=\"h-time small\">2021-08-06 09:44</span>\n</p>\n</h4>\n</header>\n<article>\n<p>Lyft finally showed positive adjusted Ebitda in the second quarter, while Uber promises it by the end of the year, but none of it is worth cheering as companies continue to run businesses with little hope of turning an actual profit anytime soon</p><p><blockquote>Lyft终于在第二季度显示出正的调整后 Ebitda，而 Uber 则承诺在今年年底前实现这一目标，但这些都不值得欢呼，因为公司继续开展业务，几乎没有希望很快实现实际利润</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/c1ac2b3a2871ea61cbb1975f552e20e5\" tg-width=\"700\" tg-height=\"466\" width=\"100%\" height=\"auto\"><span>It appears that the only way Uber and Lyft will be able to show any actual profit figure is to cut.</span></p><p><blockquote><p class=\"t-img-caption\"><span>看来优步和Lyft能够显示任何实际利润数字的唯一方法就是削减。</span></p></blockquote></p><p> Uber Technologies Inc. and Lyft Inc. are racing to prove to investors that they can be “profitable,” so expect even more cuts and made-up metrics on the road ahead.</p><p><blockquote>优步科技公司（Uber Technologies Inc.）和Lyft公司（Microsoft Inc.</blockquote></p><p> When the two ride-hailing companies reported earnings this week, Lyft managed to show positive adjusted Ebitda results, a longstanding goal, thanks to immense cost-cutting. Uber reported a steeper adjusted net loss than Wall Street had expected for the second quarter, while still promising to show green on its balance sheet — but also on an adjusted-Ebitda basis by the end of the year.</p><p><blockquote>当两家网约车公司本周公布财报时，由于大幅削减成本，Lyft设法显示出积极的调整后 Ebitda 业绩，这是一个长期目标。Uber 公布的第二季度调整后净亏损高于华尔街预期，但仍承诺在年底前实现资产负债表上的盈利，而且调整后的 Ebitda 也将实现盈利。</blockquote></p><p> While both companies continue to tell investors that reaching that goal shows “profitability,” it most certainly does not — the ride-hailing companies have continued to prove that their business is not profitable and most likely will not be as currently constructed. Both companies demonstrated their expensive issues with their recent results, even as they continue to fight to keep their drivers around the world as independent contractors to avoid the ever increasing costs of having employees.</p><p><blockquote>虽然两家公司都继续告诉投资者，实现这一目标就能显示出 “盈利能力”，但事实肯定并非如此--网约车公司不断证明，他们的业务并不盈利，而且很可能不会像目前那样发展。两家公司最近的业绩都证明了他们昂贵的问题，尽管他们继续努力让世界各地的司机保持独立承包商的身份，以避免不断增加的员工成本。</blockquote></p><p> Uber and Lyft have been spending heartily to attract more drivers lately as the delta variant of COVID-19 spreads. In early April,Uber unveiled a plan to spend $250 million to lure drivers back to the platform by giving them bonuses, as the pandemic seemed as if it were starting to ease up. Lyft said in its conference call that it spent $375 million in incentives that it classified as “contra revenue,” and it expects that the “contra revenue” will exceed $376 million in the third quarter.</p><p><blockquote>随着 COVID-19 的三角洲变种的传播，优步和Lyft最近一直在大力投入资金来吸引更多司机。4月初，Uber公布了一项计划，斥资2.5亿美元，通过向司机发放奖金来吸引他们重返该平台，因为疫情似乎开始缓解。Lyft在电话会议中表示，该公司在激励措施上花费了 3.75 亿美元，并将其归类为 “反收入 ”，预计第三季度 “反收入 ”将超过 3.76 亿美元。</blockquote></p><p> “No one can predict what’s going to happen with delta going forward,” Uber Chief Executive Dara Khosrowshahi told analysts when asked about its impact on the ride-hailing business. “But so far, we’re hedged and the trends that we’re seeing are pretty good.”</p><p><blockquote>“当被问及达美航空对打车业务的影响时，Uber 首席执行官达拉-科斯罗萨希（Dara Khosrowshahi）对分析师说：”没有人能预测达美航空未来会发生什么。“但到目前为止，我们已经进行了对冲，我们看到的趋势相当不错。”</blockquote></p><p> Uber is hedged with its Uber Eats business, which saw a huge surge of growth during the pandemic delivering restaurant meals to consumers while the rides business slowed down, but that business also has not shown itself to be profitable. Lyft does not have such a large additional business, and its stock tumbled after its earnings Tuesday over investor jitters about its outlook.</p><p><blockquote>Uber 用其 Uber Eats 业务进行了对冲，该业务在大流行期间为消费者提供餐厅餐食的业务大幅增长，而乘车业务则放缓，但该业务也没有证明自己是盈利的。Lyft没有如此大的额外业务，由于投资者对其前景感到不安，其股价在周二公布财报后暴跌。</blockquote></p><p> These types of costs will not disappear once the pandemic calms down. For example, the state of California is going to require nearly all ride-sharing vehicles to be electric by 2030, raising the huge question of who is going to pay for that transition, since drivers own their own cars. The federal government has its eyes on the practices of the gig economy, and could force changes that will increase costs, while Uber and Lyft tout a “third way” that they have proved in California will also require higher costs.</p><p><blockquote>一旦疫情平静下来，这些类型的成本不会消失。例如，加利福尼亚州将要求到 2030 年几乎所有拼车车辆都是电动汽车，这引发了一个巨大的问题，即谁将为这一转变买单，因为司机拥有自己的汽车。联邦政府正密切关注零工经济的做法，并可能迫使改变，从而增加成本，而 Uber 和Lyft则吹捧 “第三种方式”，他们在加州证明了这种方式也需要更高的成本。</blockquote></p><p> It would appear that the only way these companies will be able to show any profit figure, no matter how far from actual net income, is to cut.Last year, at the height of the pandemic, both companies shed jobs as part of their cost slashing.Uber cut about 6,700 jobs and Lyft laid off 1,000 employees, furloughing an additional 288.Uber has also been excising money-losing businesses, such as the divestiture of its self-driving unit.</p><p><blockquote>看来，这些公司能够显示任何利润数字的唯一方法，无论与实际净利润相差多远，就是削减。去年，在疫情最严重的时候，两家公司都裁员，作为削减成本的一部分。 Uber 裁员约 6,700 人，Lyft裁员 1,000 人，另有 288 人休假。 Uber 还一直在削减亏损业务，例如剥离其自动驾驶部门。</blockquote></p><p> Uber actually showed its second quarter of GAAP profitability as a public company Thursday, and for the second time, it was because of a paper gain on its investment in Chinese rival Didi Global Inc..That investment added a whopping $1.4 billion to the balance sheet because Uber valued it on June 30, just after an initial public offering that valued Didi highly but before actions by China took the shares down more than 50%.</p><p><blockquote>周四，Uber 实际上公布了作为一家上市公司的第二季度 GAAP 盈利能力，这是第二次，这是因为其对中国竞争对手滴滴全球公司的投资获得了账面收益。这项投资为资产负债表增加了高达 14 亿美元，因为 Uber 在 6 月 30 日对其进行了估值，就在首次公开募股之后，滴滴的估值很高，但在中国采取行动导致其股价下跌超过 50% 之前。</blockquote></p><p> No matter how many paper gains recorded or cuts the companies make — and expect Uber to announce more ahead of its must-prove fourth-quarter results — or costs they try to shove onto their gig workers, including car ownership, neither Lyft nor Uber look to be any closer to actual GAAP profitability.</p><p><blockquote>无论这些公司记录了多少账面收益或裁员——并预计 Uber 将在其必须证明的第四季度业绩之前宣布更多消息——或者他们试图将成本强加给临时工，包括汽车所有权，Lyft和 Uber 看起来都不会更接近实际的 GAAP 盈利能力。</blockquote></p><p> Uber and Lyft stocks are discounted, both lower than what they charged in their respective 2019 initial public offerings: Uber is closer to its $45 IPO price, closing at $43.07 on Thursday, while Lyft is trading about 33% lower than its IPO price.</p><p><blockquote>Uber 和Lyft的股票都有折扣，均低于各自 2019 年首次公开募股的价格：Uber 接近 45 美元的 IPO 价格，周四收于 43.07 美元，而Lyft的股价比其 IPO 价格低约 33%。</blockquote></p><p></p><p> After two-plus years as public companies that each reap billions of dollars in revenue with popular services for consumers, one might assume that Uber and Lyft might be closer to actual profitability. The lower stock prices give investors a potential opportunity to buy in, but if you do, don’t expect to see actual profit anytime soon.</p><p><blockquote>作为上市公司，两年多以来，优步和Lyft都通过为消费者提供受欢迎的服务获得了数十亿美元的收入，人们可能会认为优步和Lyft可能更接近实际盈利。较低的股价为投资者提供了潜在的买入机会，但如果你买入，也不要指望很快就能看到实际利润。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.marketwatch.com/story/uber-and-lyft-are-staging-a-ridiculous-race-for-fake-profits-11628205337?mod=home-page\">MarketWatch</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"LYFT":"Lyft, Inc.","UBER":"优步"},"source_url":"https://www.marketwatch.com/story/uber-and-lyft-are-staging-a-ridiculous-race-for-fake-profits-11628205337?mod=home-page","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1135807500","content_text":"Lyft finally showed positive adjusted Ebitda in the second quarter, while Uber promises it by the end of the year, but none of it is worth cheering as companies continue to run businesses with little hope of turning an actual profit anytime soon\nIt appears that the only way Uber and Lyft will be able to show any actual profit figure is to cut.\nUber Technologies Inc. and Lyft Inc. are racing to prove to investors that they can be “profitable,” so expect even more cuts and made-up metrics on the road ahead.\nWhen the two ride-hailing companies reported earnings this week, Lyft managed to show positive adjusted Ebitda results, a longstanding goal, thanks to immense cost-cutting. Uber reported a steeper adjusted net loss than Wall Street had expected for the second quarter, while still promising to show green on its balance sheet — but also on an adjusted-Ebitda basis by the end of the year.\nWhile both companies continue to tell investors that reaching that goal shows “profitability,” it most certainly does not — the ride-hailing companies have continued to prove that their business is not profitable and most likely will not be as currently constructed. Both companies demonstrated their expensive issues with their recent results, even as they continue to fight to keep their drivers around the world as independent contractors to avoid the ever increasing costs of having employees.\nUber and Lyft have been spending heartily to attract more drivers lately as the delta variant of COVID-19 spreads. In early April,Uber unveiled a plan to spend $250 million to lure drivers back to the platform by giving them bonuses, as the pandemic seemed as if it were starting to ease up. Lyft said in its conference call that it spent $375 million in incentives that it classified as “contra revenue,” and it expects that the “contra revenue” will exceed $376 million in the third quarter.\n“No one can predict what’s going to happen with delta going forward,” Uber Chief Executive Dara Khosrowshahi told analysts when asked about its impact on the ride-hailing business. “But so far, we’re hedged and the trends that we’re seeing are pretty good.”\nUber is hedged with its Uber Eats business, which saw a huge surge of growth during the pandemic delivering restaurant meals to consumers while the rides business slowed down, but that business also has not shown itself to be profitable. Lyft does not have such a large additional business, and its stock tumbled after its earnings Tuesday over investor jitters about its outlook.\nThese types of costs will not disappear once the pandemic calms down. For example, the state of California is going to require nearly all ride-sharing vehicles to be electric by 2030, raising the huge question of who is going to pay for that transition, since drivers own their own cars. The federal government has its eyes on the practices of the gig economy, and could force changes that will increase costs, while Uber and Lyft tout a “third way” that they have proved in California will also require higher costs.\nIt would appear that the only way these companies will be able to show any profit figure, no matter how far from actual net income, is to cut.Last year, at the height of the pandemic, both companies shed jobs as part of their cost slashing.Uber cut about 6,700 jobs and Lyft laid off 1,000 employees, furloughing an additional 288.Uber has also been excising money-losing businesses, such as the divestiture of its self-driving unit.\nUber actually showed its second quarter of GAAP profitability as a public company Thursday, and for the second time, it was because of a paper gain on its investment in Chinese rival Didi Global Inc..That investment added a whopping $1.4 billion to the balance sheet because Uber valued it on June 30, just after an initial public offering that valued Didi highly but before actions by China took the shares down more than 50%.\nNo matter how many paper gains recorded or cuts the companies make — and expect Uber to announce more ahead of its must-prove fourth-quarter results — or costs they try to shove onto their gig workers, including car ownership, neither Lyft nor Uber look to be any closer to actual GAAP profitability.\nUber and Lyft stocks are discounted, both lower than what they charged in their respective 2019 initial public offerings: Uber is closer to its $45 IPO price, closing at $43.07 on Thursday, while Lyft is trading about 33% lower than its IPO price.\nAfter two-plus years as public companies that each reap billions of dollars in revenue with popular services for consumers, one might assume that Uber and Lyft might be closer to actual profitability. The lower stock prices give investors a potential opportunity to buy in, but if you do, don’t expect to see actual profit anytime soon.","news_type":1,"symbols_score_info":{"LYFT":0.9,"UBER":0.9}},"isVote":1,"tweetType":1,"viewCount":4472,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":805870543,"gmtCreate":1627872459282,"gmtModify":1631885323428,"author":{"id":"3569469016287731","authorId":"3569469016287731","name":"TruthfulPep","avatar":"https://static.tigerbbs.com/3046e394899cd454b96359b74a0a90ad","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3569469016287731","authorIdStr":"3569469016287731"},"themes":[],"title":"","htmlText":"Hopefully [Miser] ","listText":"Hopefully [Miser] ","text":"Hopefully [Miser]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/805870543","repostId":"2156741169","repostType":4,"isVote":1,"tweetType":1,"viewCount":2746,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":802007774,"gmtCreate":1627697503798,"gmtModify":1631885323442,"author":{"id":"3569469016287731","authorId":"3569469016287731","name":"TruthfulPep","avatar":"https://static.tigerbbs.com/3046e394899cd454b96359b74a0a90ad","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3569469016287731","authorIdStr":"3569469016287731"},"themes":[],"title":"","htmlText":"No hood ","listText":"No hood ","text":"No hood","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/802007774","repostId":"1152039134","repostType":4,"repost":{"id":"1152039134","kind":"news","pubTimestamp":1627689014,"share":"https://www.laohunote.com/m/news/1152039134?lang=zh_CN&edition=full","pubTime":"2021-07-31 07:50","market":"us","language":"en","title":"Jim Cramer: Robinhood's IPO Debacle Shows How Little Has Changed Over the Decades<blockquote>吉姆·克莱默：Robinhood 的 IPO 失败表明几十年来变化很小</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1152039134","media":"The Street","summary":"Take it from a guy who knows, the process is really flawed.\n\nWhat should Robinhood (HOOD) -Get Repor","content":"<p> Take it from a guy who knows, the process is really flawed. What should Robinhood (<b>HOOD</b>) -Get Report have done to avoid the IPO debacle?</p><p><blockquote>从一个知道这个过程的人那里，这个过程真的有缺陷。Robinhood应该做什么（<b>发动机罩</b>) - 获取报告是否采取了哪些措施来避免 IPO 失败？</blockquote></p><p> I can't speak to what happened on Thursday, who was in charge, who argued for what.</p><p><blockquote>我不能谈论周四发生了什么，谁负责，谁主张什么。</blockquote></p><p> I can only tell you what I argued for 22 years ago whenTheStreet.comwas coming public. First, as the founder, I was determined to award all the subscribers with stock to demonstrate my loyalty to them.</p><p><blockquote>我只能告诉你22年前当TheStreet.com上市时我的论点。首先，作为创始人，我决心奖励所有订户股票，以表明我对他们的忠诚。</blockquote></p><p> Second, I was insistent that the deal be priced much lower than the underwriters wanted. We had already made a ton of money for initial investors. Why not leave a lot on the table and let the new investors do well?</p><p><blockquote>其次，我坚持认为这笔交易的定价要比承销商想要的低得多。我们已经为初始投资者赚了一大笔钱。为什么不在桌面上留下很多，让新投资者做好呢？</blockquote></p><p> Third, I wanted enough stock placed with good hands that there would be no flippers and I wanted close coordination with the various brokers who tended to infiltrate the process and hijack the openings by batching market orders and opening the stocks way too high and then shorting them all the way down.</p><p><blockquote>第三，我希望有足够多的股票由好手放置，这样就不会有脚蹼，我希望与各种经纪人密切协调，这些经纪人往往会渗透到这个过程中，并通过批量市价订单和将股票开得太高，然后一路做空来劫持开盘价。</blockquote></p><p> I lost on every single point.</p><p><blockquote>我在每一点上都输了。</blockquote></p><p> The underwriters said we could not allocate to subscribers.</p><p><blockquote>承销商说我们不能分配给订户。</blockquote></p><p> Second, the price of the deal would not be controlled to where we could have a small pop so everyone would win.</p><p><blockquote>其次，交易的价格不会被控制在我们可以有一个小流行的地方，所以每个人都会赢。</blockquote></p><p> Third, the over-the-transom orders, those who placed market orders, were batched by an outfit called Knight Securities, not the underwriter, Goldman Sachs, and it opened at $62 -- it wasn't even clear what the opening price was it was so chaotic -- traded to $66, like how Robinhood traded to $39 and change, and then never traded higher.</p><p><blockquote>第三，超越横梁的订单，即那些下市价订单的订单，是由一家名为奈特证券（Knight Securities）的机构批发的，而不是承销商高盛（Goldman Sachs），它以 62 美元的价格开盘——甚至不清楚开盘价是多少。它是如此混乱——交易价格为 66 美元，就像 Robinhood 交易价格为 39 美元并进行变动一样，然后就再也没有卖得更高。</blockquote></p><p> Everyone who bought that day lost money.</p><p><blockquote>那天买的人都赔钱了。</blockquote></p><p> Everyone who sold that day made money.</p><p><blockquote>那天卖的人都赚了钱。</blockquote></p><p> No subscribers got in, most bought at the opening, from what I can tell, and I alienated everyone except the big dogs.</p><p><blockquote>据我所知，没有订户进来，大多数都是在开幕式上买的，除了大狗，我疏远了所有人。</blockquote></p><p> It is amazing that here we are in 2021 and the process, while letting clients in, failed to price it so that Robinhood left money on the table. Believe me, it was possible to do so. But the underwriters and the management chose not to do so. We don't know which side screwed up, or both, but there was a successful blueprint; believe me, if I knew what it was in 1999, they knew what it is now.</p><p><blockquote>令人惊讶的是，我们现在是2021年，这个过程在让客户进来的同时，没有给它定价，所以Robinhood把钱留在了桌面上。相信我，这是有可能的。但承销商和管理层选择不这样做。我们不知道哪一方搞砸了，或者两者都搞砸了，但有一个成功的蓝图；相信我，如果我知道1999年是什么，他们就知道现在是什么。</blockquote></p><p> I always regretted what happened. Most people blamed me as I was the face of the process. I was astounded by how horrendous it was and did not \"take the long view\" because the long view sucked.</p><p><blockquote>我总是后悔发生的事。大多数人责怪我，因为我是这个过程的代言人。我被它是多么可怕所震惊，没有“采取长远的观点”，因为长远的观点很糟糕。</blockquote></p><p> Why do these things go wrong? I do blame the underwriter because they do this every day and the principals only do it once. They have to keep the management from betraying the shareholders because the shareholders think that it is management's fault. No underwriter is EVER going to say that they screwed up. That's not in the cards.</p><p><blockquote>为什么这些事情会出错？我确实责怪承销商，因为他们每天都这样做，而委托人只这样做一次。他们必须阻止管理层背叛股东，因为股东认为这是管理层的错。没有承销商会说他们搞砸了。那是不可能的。</blockquote></p><p> So, we sit back and we marvel about how badly the deal went even as it was well within the province of the underwriter and the principals to make it so Robinhood left more on the table.</p><p><blockquote>因此，我们坐下来，惊叹于这笔交易有多糟糕，尽管它在承销商和委托人的管辖范围内，所以罗宾汉在桌面上留下了更多。</blockquote></p><p> Greed?</p><p><blockquote>贪婪？</blockquote></p><p> Stupidity?</p><p><blockquote>愚蠢？</blockquote></p><p> How about poor execution and a lack of transparency that shows how badly it was handled.</p><p><blockquote>糟糕的执行和缺乏透明度表明处理得有多糟糕怎么样？</blockquote></p><p> Just like the offering ofTheStreet.com.</p><p><blockquote>就像TheStreet.com的产品一样。</blockquote></p><p></p>","source":"lsy1610613172068","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>Jim Cramer: Robinhood's IPO Debacle Shows How Little Has Changed Over the Decades<blockquote>吉姆·克莱默：Robinhood 的 IPO 失败表明几十年来变化很小</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\">\nJim Cramer: Robinhood's IPO Debacle Shows How Little Has Changed Over the Decades<blockquote>吉姆·克莱默：Robinhood 的 IPO 失败表明几十年来变化很小</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">The Street</strong><span class=\"h-time small\">2021-07-31 07:50</span>\n</p>\n</h4>\n</header>\n<article>\n<p> Take it from a guy who knows, the process is really flawed. What should Robinhood (<b>HOOD</b>) -Get Report have done to avoid the IPO debacle?</p><p><blockquote>从一个知道这个过程的人那里，这个过程真的有缺陷。Robinhood应该做什么（<b>发动机罩</b>) - 获取报告是否采取了哪些措施来避免 IPO 失败？</blockquote></p><p> I can't speak to what happened on Thursday, who was in charge, who argued for what.</p><p><blockquote>我不能谈论周四发生了什么，谁负责，谁主张什么。</blockquote></p><p> I can only tell you what I argued for 22 years ago whenTheStreet.comwas coming public. First, as the founder, I was determined to award all the subscribers with stock to demonstrate my loyalty to them.</p><p><blockquote>我只能告诉你22年前当TheStreet.com上市时我的论点。首先，作为创始人，我决心奖励所有订户股票，以表明我对他们的忠诚。</blockquote></p><p> Second, I was insistent that the deal be priced much lower than the underwriters wanted. We had already made a ton of money for initial investors. Why not leave a lot on the table and let the new investors do well?</p><p><blockquote>其次，我坚持认为这笔交易的定价要比承销商想要的低得多。我们已经为初始投资者赚了一大笔钱。为什么不在桌面上留下很多，让新投资者做好呢？</blockquote></p><p> Third, I wanted enough stock placed with good hands that there would be no flippers and I wanted close coordination with the various brokers who tended to infiltrate the process and hijack the openings by batching market orders and opening the stocks way too high and then shorting them all the way down.</p><p><blockquote>第三，我希望有足够多的股票由好手放置，这样就不会有脚蹼，我希望与各种经纪人密切协调，这些经纪人往往会渗透到这个过程中，并通过批量市价订单和将股票开得太高，然后一路做空来劫持开盘价。</blockquote></p><p> I lost on every single point.</p><p><blockquote>我在每一点上都输了。</blockquote></p><p> The underwriters said we could not allocate to subscribers.</p><p><blockquote>承销商说我们不能分配给订户。</blockquote></p><p> Second, the price of the deal would not be controlled to where we could have a small pop so everyone would win.</p><p><blockquote>其次，交易的价格不会被控制在我们可以有一个小流行的地方，所以每个人都会赢。</blockquote></p><p> Third, the over-the-transom orders, those who placed market orders, were batched by an outfit called Knight Securities, not the underwriter, Goldman Sachs, and it opened at $62 -- it wasn't even clear what the opening price was it was so chaotic -- traded to $66, like how Robinhood traded to $39 and change, and then never traded higher.</p><p><blockquote>第三，超越横梁的订单，即那些下市价订单的订单，是由一家名为奈特证券（Knight Securities）的机构批发的，而不是承销商高盛（Goldman Sachs），它以 62 美元的价格开盘——甚至不清楚开盘价是多少。它是如此混乱——交易价格为 66 美元，就像 Robinhood 交易价格为 39 美元并进行变动一样，然后就再也没有卖得更高。</blockquote></p><p> Everyone who bought that day lost money.</p><p><blockquote>那天买的人都赔钱了。</blockquote></p><p> Everyone who sold that day made money.</p><p><blockquote>那天卖的人都赚了钱。</blockquote></p><p> No subscribers got in, most bought at the opening, from what I can tell, and I alienated everyone except the big dogs.</p><p><blockquote>据我所知，没有订户进来，大多数都是在开幕式上买的，除了大狗，我疏远了所有人。</blockquote></p><p> It is amazing that here we are in 2021 and the process, while letting clients in, failed to price it so that Robinhood left money on the table. Believe me, it was possible to do so. But the underwriters and the management chose not to do so. We don't know which side screwed up, or both, but there was a successful blueprint; believe me, if I knew what it was in 1999, they knew what it is now.</p><p><blockquote>令人惊讶的是，我们现在是2021年，这个过程在让客户进来的同时，没有给它定价，所以Robinhood把钱留在了桌面上。相信我，这是有可能的。但承销商和管理层选择不这样做。我们不知道哪一方搞砸了，或者两者都搞砸了，但有一个成功的蓝图；相信我，如果我知道1999年是什么，他们就知道现在是什么。</blockquote></p><p> I always regretted what happened. Most people blamed me as I was the face of the process. I was astounded by how horrendous it was and did not \"take the long view\" because the long view sucked.</p><p><blockquote>我总是后悔发生的事。大多数人责怪我，因为我是这个过程的代言人。我被它是多么可怕所震惊，没有“采取长远的观点”，因为长远的观点很糟糕。</blockquote></p><p> Why do these things go wrong? I do blame the underwriter because they do this every day and the principals only do it once. They have to keep the management from betraying the shareholders because the shareholders think that it is management's fault. No underwriter is EVER going to say that they screwed up. That's not in the cards.</p><p><blockquote>为什么这些事情会出错？我确实责怪承销商，因为他们每天都这样做，而委托人只这样做一次。他们必须阻止管理层背叛股东，因为股东认为这是管理层的错。没有承销商会说他们搞砸了。那是不可能的。</blockquote></p><p> So, we sit back and we marvel about how badly the deal went even as it was well within the province of the underwriter and the principals to make it so Robinhood left more on the table.</p><p><blockquote>因此，我们坐下来，惊叹于这笔交易有多糟糕，尽管它在承销商和委托人的管辖范围内，所以罗宾汉在桌面上留下了更多。</blockquote></p><p> Greed?</p><p><blockquote>贪婪？</blockquote></p><p> Stupidity?</p><p><blockquote>愚蠢？</blockquote></p><p> How about poor execution and a lack of transparency that shows how badly it was handled.</p><p><blockquote>糟糕的执行和缺乏透明度表明处理得有多糟糕怎么样？</blockquote></p><p> Just like the offering ofTheStreet.com.</p><p><blockquote>就像TheStreet.com的产品一样。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.thestreet.com/investing/cramer-robinhood-ipo-debacle-thestreet-7-30-21\">The Street</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":{"HOOD":"Robinhood"},"source_url":"https://www.thestreet.com/investing/cramer-robinhood-ipo-debacle-thestreet-7-30-21","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1152039134","content_text":"Take it from a guy who knows, the process is really flawed.\n\nWhat should Robinhood (HOOD) -Get Report have done to avoid the IPO debacle?\nI can't speak to what happened on Thursday, who was in charge, who argued for what.\nI can only tell you what I argued for 22 years ago whenTheStreet.comwas coming public. First, as the founder, I was determined to award all the subscribers with stock to demonstrate my loyalty to them.\nSecond, I was insistent that the deal be priced much lower than the underwriters wanted. We had already made a ton of money for initial investors. Why not leave a lot on the table and let the new investors do well?\nThird, I wanted enough stock placed with good hands that there would be no flippers and I wanted close coordination with the various brokers who tended to infiltrate the process and hijack the openings by batching market orders and opening the stocks way too high and then shorting them all the way down.\nI lost on every single point.\nThe underwriters said we could not allocate to subscribers.\nSecond, the price of the deal would not be controlled to where we could have a small pop so everyone would win.\nThird, the over-the-transom orders, those who placed market orders, were batched by an outfit called Knight Securities, not the underwriter, Goldman Sachs, and it opened at $62 -- it wasn't even clear what the opening price was it was so chaotic -- traded to $66, like how Robinhood traded to $39 and change, and then never traded higher.\nEveryone who bought that day lost money.\nEveryone who sold that day made money.\nNo subscribers got in, most bought at the opening, from what I can tell, and I alienated everyone except the big dogs.\nIt is amazing that here we are in 2021 and the process, while letting clients in, failed to price it so that Robinhood left money on the table. Believe me, it was possible to do so. But the underwriters and the management chose not to do so. We don't know which side screwed up, or both, but there was a successful blueprint; believe me, if I knew what it was in 1999, they knew what it is now.\nI always regretted what happened. Most people blamed me as I was the face of the process. I was astounded by how horrendous it was and did not \"take the long view\" because the long view sucked.\nWhy do these things go wrong? I do blame the underwriter because they do this every day and the principals only do it once. They have to keep the management from betraying the shareholders because the shareholders think that it is management's fault. No underwriter is EVER going to say that they screwed up. That's not in the cards.\nSo, we sit back and we marvel about how badly the deal went even as it was well within the province of the underwriter and the principals to make it so Robinhood left more on the table.\nGreed?\nStupidity?\nHow about poor execution and a lack of transparency that shows how badly it was handled.\nJust like the offering ofTheStreet.com.","news_type":1,"symbols_score_info":{"HOOD":0.9}},"isVote":1,"tweetType":1,"viewCount":2932,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":808880973,"gmtCreate":1627568627692,"gmtModify":1631885323454,"author":{"id":"3569469016287731","authorId":"3569469016287731","name":"TruthfulPep","avatar":"https://static.tigerbbs.com/3046e394899cd454b96359b74a0a90ad","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3569469016287731","authorIdStr":"3569469016287731"},"themes":[],"title":"","htmlText":"[Miser] [Miser] [Miser] ","listText":"[Miser] [Miser] [Miser] ","text":"[Miser] [Miser] [Miser]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":11,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/808880973","repostId":"1165497040","repostType":4,"isVote":1,"tweetType":1,"viewCount":2807,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":803254880,"gmtCreate":1627443814840,"gmtModify":1631885323467,"author":{"id":"3569469016287731","authorId":"3569469016287731","name":"TruthfulPep","avatar":"https://static.tigerbbs.com/3046e394899cd454b96359b74a0a90ad","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3569469016287731","authorIdStr":"3569469016287731"},"themes":[],"title":"","htmlText":"[Smile] ","listText":"[Smile] ","text":"[Smile]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/803254880","repostId":"1167191905","repostType":4,"repost":{"id":"1167191905","kind":"news","pubTimestamp":1627441027,"share":"https://www.laohunote.com/m/news/1167191905?lang=zh_CN&edition=full","pubTime":"2021-07-28 10:57","market":"us","language":"en","title":"Activision CEO Apologizes After Employees Threaten to Walk Out<blockquote>员工威胁离职后动视首席执行官道歉</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1167191905","media":"Bloomberg","summary":"(Bloomberg) -- Activision Blizzard Inc. Chief Executive Officer Bobby Kotick responded to the threat","content":"<p><div> (Bloomberg) -- Activision Blizzard Inc. Chief Executive Officer Bobby Kotick responded to the threat of an employee walkout with an all-staff email Tuesday, apologizing and calling the company’s ...</p><p><blockquote><div>(彭博社）--动视暴雪公司（Activision Blizzard Inc. 周二，动视暴雪公司（Activision Blizzard Inc.）首席执行官鲍比-科蒂克（Bobby Kotick）在一封全员电子邮件中回应了员工罢工的威胁，道歉并致电公司...</div></blockquote></p><p> <a href=\"https://finance.yahoo.com/news/blizzard-employees-call-strike-discrimination-164511336.html\">网页链接</a> </div> </p><p><blockquote><a href=\"https://finance.yahoo.com/news/blizzard-employees-call-strike-discrimination-164511336.html\">网页连接</a></blockquote></p><p></p>","source":"lsy1612507957220","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>Activision CEO Apologizes After Employees Threaten to Walk Out<blockquote>员工威胁离职后动视首席执行官道歉</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\">\nActivision CEO Apologizes After Employees Threaten to Walk Out<blockquote>员工威胁离职后动视首席执行官道歉</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Bloomberg</strong><span class=\"h-time small\">2021-07-28 10:57</span>\n</p>\n</h4>\n</header>\n<article>\n<p><div> (Bloomberg) -- Activision Blizzard Inc. Chief Executive Officer Bobby Kotick responded to the threat of an employee walkout with an all-staff email Tuesday, apologizing and calling the company’s ...</p><p><blockquote><div>(彭博社）--动视暴雪公司（Activision Blizzard Inc. 周二，动视暴雪公司（Activision Blizzard Inc.）首席执行官鲍比-科蒂克（Bobby Kotick）在一封全员电子邮件中回应了员工罢工的威胁，道歉并致电公司...</div></blockquote></p><p> <a href=\"https://finance.yahoo.com/news/blizzard-employees-call-strike-discrimination-164511336.html\">网页链接</a> </div> </p><p><blockquote><a href=\"https://finance.yahoo.com/news/blizzard-employees-call-strike-discrimination-164511336.html\">网页连接</a></blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://finance.yahoo.com/news/blizzard-employees-call-strike-discrimination-164511336.html\">Bloomberg</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://finance.yahoo.com/news/blizzard-employees-call-strike-discrimination-164511336.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1167191905","content_text":"(Bloomberg) -- Activision Blizzard Inc. Chief Executive Officer Bobby Kotick responded to the threat of an employee walkout with an all-staff email Tuesday, apologizing and calling the company’s recent actions “tone deaf.”\nEmployees at Activision Blizzard called for the walkout on Wednesday to protest the company’s responses to a recent sexual discrimination lawsuit and demanding more equitable treatment for underrepresented staff.\nIn Kotick’s message, the CEO said the company had hired law firm WilmerHale to conduct a review of its policies and promised “swift action” to ensure a “safe environment” and to stamp out harassment. Kotick also promised that the company would take steps including personnel changes, encouraging diversity in hiring and removing inappropriate in-game content.\nThe controversy at Activistion Blizzard started last week, after California’s Department of Fair Employment and Housing sued the publisher behind games like Call of Duty and World of Warcraft, detailing disturbing incidents of sexual harassment and assault and a culture in which women faced unequal pay and retaliation. Activision called the allegations false and distorted in a statement last week, and Fran Townsend, executive vice president for corporate affairs, sent a letter to staff echoing that claim.\nInfuriated Activision employees have spoken out on social media, and more than 2,000 staff signed an open letter calling the company’s responses “abhorrent and insulting.” Now they’re planning a strike.\nThe walkout is being organized by a group of employees at the subsidiary Blizzard Entertainment, where the majority of the lawsuit’s allegations were focused. In a statement to Bloomberg, the workers said their goal was to “improve conditions for employees at the company, especially women, and in particular women of color and transgender women, nonbinary people, and other marginalized groups.”\nThe strike will take place outside of Blizzard’s campus in Irvine, California, on Wednesday.\nThe employees are demanding:\nThat Activision ditch mandatory arbitration clauses “in all employee contracts, current and future.” New practices for recruiting, interviewing, hiring and promotion that facilitate better representation “agreed upon by employees in a company-wide Diversity, Equity & Inclusion organization.” The publication of data on relative compensation, promotion rates and salary ranges for employees “of all genders and ethnicities at the company.” That a diversity task force be allowed to hire a third party to audit the company’s leadership, hierarchy and HR department. “It is imperative to identify how current systems have failed to prevent employee harassment, and to propose new solutions to address these issues.”\nThis is the second major organizing effort from Blizzard in about the past 12 months. Last year employees shared their salaries on a public spreadsheet and sent a letter of demands to management to ask for more equitable compensation. That action led to very little response, employees said.\nCollective action is rare in the video-game industry, which has no unions in North America. A representative for the Blizzard employees organizing this walkout said they were not currently discussing unionizing.","news_type":1,"symbols_score_info":{"ATVI":0.9}},"isVote":1,"tweetType":1,"viewCount":3202,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":809553550,"gmtCreate":1627381253070,"gmtModify":1631885323480,"author":{"id":"3569469016287731","authorId":"3569469016287731","name":"TruthfulPep","avatar":"https://static.tigerbbs.com/3046e394899cd454b96359b74a0a90ad","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3569469016287731","authorIdStr":"3569469016287731"},"themes":[],"title":"","htmlText":"Growth stock [Happy] ","listText":"Growth stock [Happy] ","text":"Growth stock [Happy]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/809553550","repostId":"1112858010","repostType":4,"isVote":1,"tweetType":1,"viewCount":4038,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":177426327,"gmtCreate":1627258468569,"gmtModify":1631885323492,"author":{"id":"3569469016287731","authorId":"3569469016287731","name":"TruthfulPep","avatar":"https://static.tigerbbs.com/3046e394899cd454b96359b74a0a90ad","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3569469016287731","authorIdStr":"3569469016287731"},"themes":[],"title":"","htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/177426327","repostId":"1177105642","repostType":4,"isVote":1,"tweetType":1,"viewCount":4260,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":177161898,"gmtCreate":1627187268414,"gmtModify":1631885323505,"author":{"id":"3569469016287731","authorId":"3569469016287731","name":"TruthfulPep","avatar":"https://static.tigerbbs.com/3046e394899cd454b96359b74a0a90ad","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3569469016287731","authorIdStr":"3569469016287731"},"themes":[],"title":"","htmlText":"[Wow] ","listText":"[Wow] ","text":"[Wow]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/177161898","repostId":"1153219140","repostType":4,"isVote":1,"tweetType":1,"viewCount":2628,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":174493969,"gmtCreate":1627120496851,"gmtModify":1631885323518,"author":{"id":"3569469016287731","authorId":"3569469016287731","name":"TruthfulPep","avatar":"https://static.tigerbbs.com/3046e394899cd454b96359b74a0a90ad","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3569469016287731","authorIdStr":"3569469016287731"},"themes":[],"title":"","htmlText":"[Smile] TLSA","listText":"[Smile] TLSA","text":"[Smile] TLSA","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/174493969","repostId":"1191636755","repostType":4,"repost":{"id":"1191636755","kind":"news","pubTimestamp":1627084309,"share":"https://www.laohunote.com/m/news/1191636755?lang=zh_CN&edition=full","pubTime":"2021-07-24 07:51","market":"us","language":"en","title":"Tesla Earnings Are Coming. Here’s the One Number That Matters.<blockquote>特斯拉的收益即将到来。这是一个重要的数字。</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1191636755","media":"Barrons","summary":"Tesla’s second-quarter earnings are just around the corner, and investors should gear up for a likel","content":"<p>Tesla’s second-quarter earnings are just around the corner, and investors should gear up for a likely very complicated report.</p><p><blockquote>特斯拉第二季度财报即将发布，投资者应该为一份可能非常复杂的报告做好准备。</blockquote></p><p> There are a lot of moving parts, even more than usual for the world’s most valuable car company and its iconoclast CEO Elon Musk. Figuring out if the stock will go up or down, however, shouldn’t be all that difficult.</p><p><blockquote>对于世界上最有价值的汽车公司及其打破常规的首席执行官埃隆-马斯克（Elon Musk）来说，有很多移动部件，甚至比平时还要多。不过，判断股票是上涨还是下跌应该并不难。</blockquote></p><p> The EV pioneer will report after the close of trading on Monday,July 26. Wall Street is looking for Tesla to report about 94 cents in per-share earnings from $11.5 billion in sales, according to FactSet. Beating analyst estimates is important, almost required, for any stock to remain stable in post-earnings trading. That’s true for Tesla as well.</p><p><blockquote>电动汽车先锋将于 7 月 26 日星期一收盘后发布报告。据 FactSet 称，华尔街希望特斯拉在 115 亿美元的销售额中报告每股收益约 94 美分。超出分析师预期对于任何股票在财报后交易中保持稳定来说都很重要，几乎是必需的。特斯拉也是如此。</blockquote></p><p> There are plenty of factors that will contribute to bottom-line earnings—the global semiconductor shortage,vehicle pricing, vehicle gross profit margins, and the level of profitability in Tesla’s battery storage business. In the end, however, investors will want to see a record in operating profits—no matter how it happens. That’s what could break shares out of their recent range.</p><p><blockquote>有很多因素会影响底线收益--全球半导体短缺、汽车定价、汽车毛利率以及特斯拉电池存储业务的盈利水平。然而，最终，投资者会希望看到营业利润创纪录——无论如何发生。这可能会打破股价近期的区间。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/eb9cfd5cbe6d36d06167f82af45447d1\" tg-width=\"869\" tg-height=\"580\" width=\"100%\" height=\"auto\"></p><p><blockquote></blockquote></p><p> Tesla reported more than $800 million in operating profits in the 2020 third quarter, and the stock more than doubled to around $860 in the three-month span that followed. But since operating profit growth largely paused in the subsequent quarters, shares have traded down from roughly $860 to around $640 recently. Profit stagnation has meant stock stagnation, too.</p><p><blockquote>特斯拉公布 2020 年第三季度营业利润超过 8 亿美元，在接下来的三个月内，该股股价翻了一番多，达到 860 美元左右。但由于营业利润增长在随后几个季度基本暂停，股价已从约 860 美元跌至最近的 640 美元左右。利润停滞也意味着库存停滞。</blockquote></p><p> The good news for Tesla bulls is Wall Street is projecting a fresh record: Operating profit is expected to be $835 million for the second quarter, driven by strong deliveries. The 2021 second quarter marked the first time Tesla delivered more than 200,000 vehicles in a single quarter.</p><p><blockquote>对于特斯拉多头来说，好消息是华尔街预计将创下新纪录：在强劲交付的推动下，第二季度营业利润预计将达到 8.35 亿美元。2021年第二季度是特斯拉首次在单季度交付超过20万辆汽车。</blockquote></p><p> After earnings are digested, there should be endless arguments among bulls and bears about the quality of earnings. For instance, one way Tesla generates sales is by selling regulatory credits—which it earns by producing more than its fair share of electric vehicles. The company generated $518 million in first-quarter credit sales, which helped Tesla beat earnings estimates. There is always debate about what is the “normal” amount of credit sales and when will those sales dry up. Eventually, both the bulls and bears expect other auto makers to sell their own EVs, cutting off that source of revenue for Tesla.</p><p><blockquote>财报消化完毕后，多头和空头之间关于财报质量的争论应该会层出不穷。例如，特斯拉创造销售额的一种方式是出售监管积分——它通过生产超过其公平份额的电动汽车来获得这些积分。该公司第一季度信贷销售额为 5.18 亿美元，帮助特斯拉超出盈利预期。关于信用销售额的 “正常 ”数量以及这些销售额何时会枯竭，一直存在争议。最终，多头和空头都预计其他汽车制造商将出售自己的电动汽车，从而切断特斯拉的收入来源。</blockquote></p><p> There is also the issue of Bitcoin. Tesla recognized a small gain on its Bitcoin holdings in the first quarter, but the cryptocurrency’s prices have fallen by roughly half since their April peak. That means there is a chance of a small loss. How investors react is anyone’s guess, but don’t expect Tesla to sell out of its Bitcoin position. Musk continues to indicate his company will transact in the cryptocurrency when Bitcoin mining uses more sustainable power.</p><p><blockquote>还有比特币的问题。特斯拉承认其持有的比特币在第一季度略有增加，但这种加密货币的价格自 4 月份的峰值以来已经下跌了大约一半。这意味着有可能出现小幅亏损。投资者的反应谁也说不准，但不要指望特斯拉会抛售其比特币头寸。马斯克继续表示，当比特币矿业使用更可持续的电力时，他的公司将以加密货币进行交易。</blockquote></p><p> Investors will also want to know when Tesla’s new Germany plant and Austin, Texas facility will start delivering cars. The Austin plant will build Tesla’s Cybertruck. There will also likely be questions about advances in Tesla’s driver-assistance functions—the company recently started selling its driver-assistance software as a subscription—and how much money the company could make from its charging network. Musk tweeted this week Tesla would open its charging network to other EVs down the road.</p><p><blockquote>投资者还想知道特斯拉在德国的新工厂和德克萨斯州奥斯汀的工厂何时开始交付汽车。奥斯汀工厂将生产特斯拉的 Cybertruck。特斯拉驾驶辅助功能的进步--该公司最近开始以订阅的形式销售其驾驶辅助软件--以及该公司能从其充电网络中赚多少钱，也可能会有人质疑。马斯克本周在推特上表示，特斯拉将向未来的其他电动汽车开放其充电网络。</blockquote></p><p> All those topics and more should come up on the earningsconference callscheduled for 5:30 p.m. ET on Monday. Year to date, Tesla stock is down roughly 9%, trailing behind comparable 17% and 15% respective gains of theS&P 500andDow Jones Industrial Average.Still, Tesla shares have had a strong run, up about 112% over the past 12 months.</p><p><blockquote>所有这些话题以及更多话题都应该在定于下午 5:30 举行的财报电话会议上提出。美国东部时间周一。今年迄今为止，特斯拉股价已下跌约 9%，落后于标准普尔 500 指数和道琼斯工业平均指数分别 17% 和 15% 的可比涨幅。尽管如此，特斯拉股价仍表现强劲，过去 12 个月上涨了约 112%。</blockquote></p><p></p>","source":"lsy1601382232898","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Tesla Earnings Are Coming. Here’s the One Number That Matters.<blockquote>特斯拉的收益即将到来。这是一个重要的数字。</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTesla Earnings Are Coming. Here’s the One Number That Matters.<blockquote>特斯拉的收益即将到来。这是一个重要的数字。</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Barrons</strong><span class=\"h-time small\">2021-07-24 07:51</span>\n</p>\n</h4>\n</header>\n<article>\n<p>Tesla’s second-quarter earnings are just around the corner, and investors should gear up for a likely very complicated report.</p><p><blockquote>特斯拉第二季度财报即将发布，投资者应该为一份可能非常复杂的报告做好准备。</blockquote></p><p> There are a lot of moving parts, even more than usual for the world’s most valuable car company and its iconoclast CEO Elon Musk. Figuring out if the stock will go up or down, however, shouldn’t be all that difficult.</p><p><blockquote>对于世界上最有价值的汽车公司及其打破常规的首席执行官埃隆-马斯克（Elon Musk）来说，有很多移动部件，甚至比平时还要多。不过，判断股票是上涨还是下跌应该并不难。</blockquote></p><p> The EV pioneer will report after the close of trading on Monday,July 26. Wall Street is looking for Tesla to report about 94 cents in per-share earnings from $11.5 billion in sales, according to FactSet. Beating analyst estimates is important, almost required, for any stock to remain stable in post-earnings trading. That’s true for Tesla as well.</p><p><blockquote>电动汽车先锋将于 7 月 26 日星期一收盘后发布报告。据 FactSet 称，华尔街希望特斯拉在 115 亿美元的销售额中报告每股收益约 94 美分。超出分析师预期对于任何股票在财报后交易中保持稳定来说都很重要，几乎是必需的。特斯拉也是如此。</blockquote></p><p> There are plenty of factors that will contribute to bottom-line earnings—the global semiconductor shortage,vehicle pricing, vehicle gross profit margins, and the level of profitability in Tesla’s battery storage business. In the end, however, investors will want to see a record in operating profits—no matter how it happens. That’s what could break shares out of their recent range.</p><p><blockquote>有很多因素会影响底线收益--全球半导体短缺、汽车定价、汽车毛利率以及特斯拉电池存储业务的盈利水平。然而，最终，投资者会希望看到营业利润创纪录——无论如何发生。这可能会打破股价近期的区间。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/eb9cfd5cbe6d36d06167f82af45447d1\" tg-width=\"869\" tg-height=\"580\" width=\"100%\" height=\"auto\"></p><p><blockquote></blockquote></p><p> Tesla reported more than $800 million in operating profits in the 2020 third quarter, and the stock more than doubled to around $860 in the three-month span that followed. But since operating profit growth largely paused in the subsequent quarters, shares have traded down from roughly $860 to around $640 recently. Profit stagnation has meant stock stagnation, too.</p><p><blockquote>特斯拉公布 2020 年第三季度营业利润超过 8 亿美元，在接下来的三个月内，该股股价翻了一番多，达到 860 美元左右。但由于营业利润增长在随后几个季度基本暂停，股价已从约 860 美元跌至最近的 640 美元左右。利润停滞也意味着库存停滞。</blockquote></p><p> The good news for Tesla bulls is Wall Street is projecting a fresh record: Operating profit is expected to be $835 million for the second quarter, driven by strong deliveries. The 2021 second quarter marked the first time Tesla delivered more than 200,000 vehicles in a single quarter.</p><p><blockquote>对于特斯拉多头来说，好消息是华尔街预计将创下新纪录：在强劲交付的推动下，第二季度营业利润预计将达到 8.35 亿美元。2021年第二季度是特斯拉首次在单季度交付超过20万辆汽车。</blockquote></p><p> After earnings are digested, there should be endless arguments among bulls and bears about the quality of earnings. For instance, one way Tesla generates sales is by selling regulatory credits—which it earns by producing more than its fair share of electric vehicles. The company generated $518 million in first-quarter credit sales, which helped Tesla beat earnings estimates. There is always debate about what is the “normal” amount of credit sales and when will those sales dry up. Eventually, both the bulls and bears expect other auto makers to sell their own EVs, cutting off that source of revenue for Tesla.</p><p><blockquote>财报消化完毕后，多头和空头之间关于财报质量的争论应该会层出不穷。例如，特斯拉创造销售额的一种方式是出售监管积分——它通过生产超过其公平份额的电动汽车来获得这些积分。该公司第一季度信贷销售额为 5.18 亿美元，帮助特斯拉超出盈利预期。关于信用销售额的 “正常 ”数量以及这些销售额何时会枯竭，一直存在争议。最终，多头和空头都预计其他汽车制造商将出售自己的电动汽车，从而切断特斯拉的收入来源。</blockquote></p><p> There is also the issue of Bitcoin. Tesla recognized a small gain on its Bitcoin holdings in the first quarter, but the cryptocurrency’s prices have fallen by roughly half since their April peak. That means there is a chance of a small loss. How investors react is anyone’s guess, but don’t expect Tesla to sell out of its Bitcoin position. Musk continues to indicate his company will transact in the cryptocurrency when Bitcoin mining uses more sustainable power.</p><p><blockquote>还有比特币的问题。特斯拉承认其持有的比特币在第一季度略有增加，但这种加密货币的价格自 4 月份的峰值以来已经下跌了大约一半。这意味着有可能出现小幅亏损。投资者的反应谁也说不准，但不要指望特斯拉会抛售其比特币头寸。马斯克继续表示，当比特币矿业使用更可持续的电力时，他的公司将以加密货币进行交易。</blockquote></p><p> Investors will also want to know when Tesla’s new Germany plant and Austin, Texas facility will start delivering cars. The Austin plant will build Tesla’s Cybertruck. There will also likely be questions about advances in Tesla’s driver-assistance functions—the company recently started selling its driver-assistance software as a subscription—and how much money the company could make from its charging network. Musk tweeted this week Tesla would open its charging network to other EVs down the road.</p><p><blockquote>投资者还想知道特斯拉在德国的新工厂和德克萨斯州奥斯汀的工厂何时开始交付汽车。奥斯汀工厂将生产特斯拉的 Cybertruck。特斯拉驾驶辅助功能的进步--该公司最近开始以订阅的形式销售其驾驶辅助软件--以及该公司能从其充电网络中赚多少钱，也可能会有人质疑。马斯克本周在推特上表示，特斯拉将向未来的其他电动汽车开放其充电网络。</blockquote></p><p> All those topics and more should come up on the earningsconference callscheduled for 5:30 p.m. ET on Monday. Year to date, Tesla stock is down roughly 9%, trailing behind comparable 17% and 15% respective gains of theS&P 500andDow Jones Industrial Average.Still, Tesla shares have had a strong run, up about 112% over the past 12 months.</p><p><blockquote>所有这些话题以及更多话题都应该在定于下午 5:30 举行的财报电话会议上提出。美国东部时间周一。今年迄今为止，特斯拉股价已下跌约 9%，落后于标准普尔 500 指数和道琼斯工业平均指数分别 17% 和 15% 的可比涨幅。尽管如此，特斯拉股价仍表现强劲，过去 12 个月上涨了约 112%。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.barrons.com/articles/tesla-stock-earnings-preview-51627061822?mod=hp_DAY_Theme_2_1\">Barrons</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉"},"source_url":"https://www.barrons.com/articles/tesla-stock-earnings-preview-51627061822?mod=hp_DAY_Theme_2_1","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1191636755","content_text":"Tesla’s second-quarter earnings are just around the corner, and investors should gear up for a likely very complicated report.\nThere are a lot of moving parts, even more than usual for the world’s most valuable car company and its iconoclast CEO Elon Musk. Figuring out if the stock will go up or down, however, shouldn’t be all that difficult.\nThe EV pioneer will report after the close of trading on Monday,July 26. Wall Street is looking for Tesla to report about 94 cents in per-share earnings from $11.5 billion in sales, according to FactSet. Beating analyst estimates is important, almost required, for any stock to remain stable in post-earnings trading. That’s true for Tesla as well.\nThere are plenty of factors that will contribute to bottom-line earnings—the global semiconductor shortage,vehicle pricing, vehicle gross profit margins, and the level of profitability in Tesla’s battery storage business. In the end, however, investors will want to see a record in operating profits—no matter how it happens. That’s what could break shares out of their recent range.\n\nTesla reported more than $800 million in operating profits in the 2020 third quarter, and the stock more than doubled to around $860 in the three-month span that followed. But since operating profit growth largely paused in the subsequent quarters, shares have traded down from roughly $860 to around $640 recently. Profit stagnation has meant stock stagnation, too.\nThe good news for Tesla bulls is Wall Street is projecting a fresh record: Operating profit is expected to be $835 million for the second quarter, driven by strong deliveries. The 2021 second quarter marked the first time Tesla delivered more than 200,000 vehicles in a single quarter.\nAfter earnings are digested, there should be endless arguments among bulls and bears about the quality of earnings. For instance, one way Tesla generates sales is by selling regulatory credits—which it earns by producing more than its fair share of electric vehicles. The company generated $518 million in first-quarter credit sales, which helped Tesla beat earnings estimates. There is always debate about what is the “normal” amount of credit sales and when will those sales dry up. Eventually, both the bulls and bears expect other auto makers to sell their own EVs, cutting off that source of revenue for Tesla.\nThere is also the issue of Bitcoin. Tesla recognized a small gain on its Bitcoin holdings in the first quarter, but the cryptocurrency’s prices have fallen by roughly half since their April peak. That means there is a chance of a small loss. How investors react is anyone’s guess, but don’t expect Tesla to sell out of its Bitcoin position. Musk continues to indicate his company will transact in the cryptocurrency when Bitcoin mining uses more sustainable power.\nInvestors will also want to know when Tesla’s new Germany plant and Austin, Texas facility will start delivering cars. The Austin plant will build Tesla’s Cybertruck. There will also likely be questions about advances in Tesla’s driver-assistance functions—the company recently started selling its driver-assistance software as a subscription—and how much money the company could make from its charging network. Musk tweeted this week Tesla would open its charging network to other EVs down the road.\nAll those topics and more should come up on the earningsconference callscheduled for 5:30 p.m. ET on Monday. Year to date, Tesla stock is down roughly 9%, trailing behind comparable 17% and 15% respective gains of theS&P 500andDow Jones Industrial Average.Still, Tesla shares have had a strong run, up about 112% over the past 12 months.","news_type":1,"symbols_score_info":{"TSLA":0.9}},"isVote":1,"tweetType":1,"viewCount":2709,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":175382211,"gmtCreate":1627007304033,"gmtModify":1631885323532,"author":{"id":"3569469016287731","authorId":"3569469016287731","name":"TruthfulPep","avatar":"https://static.tigerbbs.com/3046e394899cd454b96359b74a0a90ad","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3569469016287731","authorIdStr":"3569469016287731"},"themes":[],"title":"","htmlText":"Yeah!!![Miser] ","listText":"Yeah!!![Miser] ","text":"Yeah!!![Miser]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/175382211","repostId":"1164478982","repostType":4,"isVote":1,"tweetType":1,"viewCount":2882,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"defaultTab":"posts","isTTM":false}