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Fazz
Fazz
·
2021-05-04
$NIO Inc.(NIO)$
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Fazz
Fazz
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2021-05-04
Must wait
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Fazz
Fazz
·
2021-05-04
🤔
Opinion: Why you should worry about the flood of new cash into U.S. stock funds<blockquote>观点:为什么你应该担心新现金涌入美国股票基金</blockquote>
With investments, popular is not better.U.S. stock funds now are riding a river of new cash from inv
Opinion: Why you should worry about the flood of new cash into U.S. stock funds<blockquote>观点:为什么你应该担心新现金涌入美国股票基金</blockquote>
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Fazz
Fazz
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2021-05-04
Yeah
The 'Perfect Storm' That Led Dogecoin To 60 Cents<blockquote>将狗狗币推至60美分的“完美风暴”</blockquote>
Dogecoin's(CRYPTO: DOGE) price increased nearly 55% from its 24-hour low of $0.3838 all the way to t
The 'Perfect Storm' That Led Dogecoin To 60 Cents<blockquote>将狗狗币推至60美分的“完美风暴”</blockquote>
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Fazz
Fazz
·
2021-04-27
Nice
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Fazz
Fazz
·
2021-04-27
Nice
Should you buy Nvidia stock? Here are the key numbers to look at now<blockquote>你应该购买英伟达股票吗?以下是现在需要关注的关键数字</blockquote>
Nvidia topped $5 billion in quarterly sales for the first time in the last quarter. A laptop powered
Should you buy Nvidia stock? Here are the key numbers to look at now<blockquote>你应该购买英伟达股票吗?以下是现在需要关注的关键数字</blockquote>
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Fazz
Fazz
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2021-04-27
Wow
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Fazz
Fazz
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2021-04-13
$NIO Inc.(NIO)$
Let’s go
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Fazz
Fazz
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2021-03-16
$NIO Inc.(NIO)$
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Fazz
Fazz
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2021-03-01
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22:48","market":"us","language":"en","title":"Opinion: Why you should worry about the flood of new cash into U.S. stock funds<blockquote>观点:为什么你应该担心新现金涌入美国股票基金</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1107772617","media":"MarketWatch","summary":"With investments, popular is not better.U.S. stock funds now are riding a river of new cash from inv","content":"<p><b>With investments, popular is not better.</b>U.S. stock funds now are riding a river of new cash from investors — and that is not a bullish sign.</p><p><blockquote><b>有了投资,受欢迎并不是更好。</b>美国股票基金现在正从投资者那里获得大量新现金——这并不是一个看涨的迹象。</blockquote></p><p>Many investors might see this differently — that a huge influx of cash is positive. In fact, fund flows are a contrarian indicator: the U.S. stock market in the past has performed better when there is a net outflow of cash.</p><p><blockquote>许多投资者可能会有不同的看法——大量现金流入是积极的。事实上,资金流动是一个逆向指标:过去美国股市在现金净流出时表现更好。</blockquote></p><p>The evidence is summarized in the chart below, which plots net inflows of cash to U.S. stock funds (both open-end and exchange-traded funds) by year over the past decade. Notice that in all but two of the years since 2010 there have been net outflows.</p><p><blockquote>下图总结了证据,该图绘制了过去十年中每年流入美国股票基金(开放式基金和交易所交易基金)的现金净额。请注意,自2010年以来,除了两年之外,所有年份都有净流出。</blockquote></p><p><b>Reversal</b></p><p><blockquote><b>逆转</b></blockquote></p><p>Net flows into U.S. equity (open-endded funds and ETF), in billions</p><p><blockquote>流入美国股票(开放式基金和ETF)的净流量,单位:十亿</blockquote></p><p><img src=\"https://static.tigerbbs.com/0c9c4ef1e3533acd3d248af32cdf728f\" tg-width=\"780\" tg-height=\"308\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p>This 2010-2020 period was extremely strong for U.S. stocks. Yet over this time U.S. stock funds experienced a net outflow of $741 billion. (Data are from TrimTabs, a part of EPFR, a division of Informa Financial Intelligence.)</p><p><blockquote>2010年至2020年期间,美国股市表现极其强劲。然而,在此期间,美国股票基金经历了7410亿美元的净流出。(数据来自TrimTabs,EPFR是Informa Financial Intelligence的一个部门。)</blockquote></p><p>This year so far is seeing a major reversal of this longer-term trend. For the first four months of this year, according to TrimTabs, U.S. equity funds have received net inflows of $142.3 billion. If this pace were to continue for the full year, there would be $427 billion of net inflows in 2021 — retracing more than half the total outflow from 2010 through 2020.</p><p><blockquote>今年到目前为止,这一长期趋势发生了重大逆转。根据TrimTabs的数据,今年前四个月,美国股票基金获得了1423亿美元的净流入。如果这一速度持续全年,2021年将有4270亿美元的净流入——追溯到2010年至2020年总流出的一半以上。</blockquote></p><p>One study that puts this huge year-to-date inflow in a bearish light appeared last December in the Review of Finance. Entitled “ETF Arbitrage, Non-Fundamental Demand, and Return Predictability,” the study was conducted by David Brown of the University of Arizona, Shaun William Davies of the University of Colorado Boulder and Matthew Ringgenberg of the University of Utah. The researchers found that, on average, the ETFs with the biggest outflows outperformed the ETFs with the biggest inflows for up to a year after these extreme flows.</p><p><blockquote>去年12月的《金融评论》上发表了一项研究,对今年迄今为止的巨额资金流入持悲观态度。这项名为“ETF套利、非基本面需求和回报可预测性”的研究由亚利桑那大学的David Brown、科罗拉多大学博尔德分校的Shaun William Davies和犹他大学的Matthew Ringgenberg进行。研究人员发现,平均而言,在这些极端资金流动后的一年内,流出最多的ETF的表现优于流入最多的ETF。</blockquote></p><p>Another academic study that reached a similar conclusion has been circulating since January. Entitled “Competition for Attention in the ETF Space,” the study was conducted by Itzhak Ben-David and Byungwook Kim of Ohio State University, Francesco Franzoni of the University of Lugano in Switzerland and Rabih Moussawi of Villanova University. The researchers focused on the specialized ETFs that are created to capitalize on investor fads and market trends, and which typically receive a big influx of cash soon after launch. They found that these ETFs over their first five years after launch lag the market on a risk-adjusted basis by 5% per year on average.</p><p><blockquote>另一项得出类似结论的学术研究自一月份以来一直在流传。这项名为“ETF领域注意力的竞争”的研究由俄亥俄州立大学的Itzhak Ben-David和Byungwook Kim、瑞士卢加诺大学的Francesco Franzoni和维拉诺瓦大学的Rabih Moussawi进行。研究人员重点关注专门的ETF,这些ETF是为了利用投资者时尚和市场趋势而创建的,通常在推出后不久就会获得大量现金流入。他们发现,这些ETF在推出后的前五年,经风险调整后平均每年落后市场5%。</blockquote></p><p>The tenuous relationship between performance and fund flows is evident also in the accompanying tables. The first lists the 10 ETFs with the best year-to-date returns. The second table lists the 10 ETFs with the largest net inflows. (Return data are from FactSet; flow data are from CFRA Research).</p><p><blockquote>业绩和资金流动之间的微妙关系也在附表中显而易见。第一个列出了年初至今回报最好的10只ETF。第二张表列出了净流入最多的10只ETF。(返回数据来自FactSet;流量数据来自CFRA研究)。</blockquote></p><p>Notice that none of the funds in the first table appears in the second.</p><p><blockquote>请注意,第一个表中的基金都没有出现在第二个表中。</blockquote></p><p><img src=\"https://static.tigerbbs.com/a2e0354f1f5c9cfd5611c3f6e03c3cee\" tg-width=\"887\" tg-height=\"497\" referrerpolicy=\"no-referrer\"><img src=\"https://static.tigerbbs.com/a5cd98cfa89435ba9ae4a0bfdedd3891\" tg-width=\"830\" tg-height=\"447\" referrerpolicy=\"no-referrer\"></p><p><blockquote></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>Opinion: Why you should worry about the flood of new cash into U.S. stock funds<blockquote>观点:为什么你应该担心新现金涌入美国股票基金</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\">\nOpinion: Why you should worry about the flood of new cash into U.S. stock funds<blockquote>观点:为什么你应该担心新现金涌入美国股票基金</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">MarketWatch</strong><span class=\"h-time small\">2021-05-04 22:48</span>\n</p>\n</h4>\n</header>\n<article>\n<p><b>With investments, popular is not better.</b>U.S. stock funds now are riding a river of new cash from investors — and that is not a bullish sign.</p><p><blockquote><b>有了投资,受欢迎并不是更好。</b>美国股票基金现在正从投资者那里获得大量新现金——这并不是一个看涨的迹象。</blockquote></p><p>Many investors might see this differently — that a huge influx of cash is positive. In fact, fund flows are a contrarian indicator: the U.S. stock market in the past has performed better when there is a net outflow of cash.</p><p><blockquote>许多投资者可能会有不同的看法——大量现金流入是积极的。事实上,资金流动是一个逆向指标:过去美国股市在现金净流出时表现更好。</blockquote></p><p>The evidence is summarized in the chart below, which plots net inflows of cash to U.S. stock funds (both open-end and exchange-traded funds) by year over the past decade. Notice that in all but two of the years since 2010 there have been net outflows.</p><p><blockquote>下图总结了证据,该图绘制了过去十年中每年流入美国股票基金(开放式基金和交易所交易基金)的现金净额。请注意,自2010年以来,除了两年之外,所有年份都有净流出。</blockquote></p><p><b>Reversal</b></p><p><blockquote><b>逆转</b></blockquote></p><p>Net flows into U.S. equity (open-endded funds and ETF), in billions</p><p><blockquote>流入美国股票(开放式基金和ETF)的净流量,单位:十亿</blockquote></p><p><img src=\"https://static.tigerbbs.com/0c9c4ef1e3533acd3d248af32cdf728f\" tg-width=\"780\" tg-height=\"308\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p>This 2010-2020 period was extremely strong for U.S. stocks. Yet over this time U.S. stock funds experienced a net outflow of $741 billion. (Data are from TrimTabs, a part of EPFR, a division of Informa Financial Intelligence.)</p><p><blockquote>2010年至2020年期间,美国股市表现极其强劲。然而,在此期间,美国股票基金经历了7410亿美元的净流出。(数据来自TrimTabs,EPFR是Informa Financial Intelligence的一个部门。)</blockquote></p><p>This year so far is seeing a major reversal of this longer-term trend. For the first four months of this year, according to TrimTabs, U.S. equity funds have received net inflows of $142.3 billion. If this pace were to continue for the full year, there would be $427 billion of net inflows in 2021 — retracing more than half the total outflow from 2010 through 2020.</p><p><blockquote>今年到目前为止,这一长期趋势发生了重大逆转。根据TrimTabs的数据,今年前四个月,美国股票基金获得了1423亿美元的净流入。如果这一速度持续全年,2021年将有4270亿美元的净流入——追溯到2010年至2020年总流出的一半以上。</blockquote></p><p>One study that puts this huge year-to-date inflow in a bearish light appeared last December in the Review of Finance. Entitled “ETF Arbitrage, Non-Fundamental Demand, and Return Predictability,” the study was conducted by David Brown of the University of Arizona, Shaun William Davies of the University of Colorado Boulder and Matthew Ringgenberg of the University of Utah. The researchers found that, on average, the ETFs with the biggest outflows outperformed the ETFs with the biggest inflows for up to a year after these extreme flows.</p><p><blockquote>去年12月的《金融评论》上发表了一项研究,对今年迄今为止的巨额资金流入持悲观态度。这项名为“ETF套利、非基本面需求和回报可预测性”的研究由亚利桑那大学的David Brown、科罗拉多大学博尔德分校的Shaun William Davies和犹他大学的Matthew Ringgenberg进行。研究人员发现,平均而言,在这些极端资金流动后的一年内,流出最多的ETF的表现优于流入最多的ETF。</blockquote></p><p>Another academic study that reached a similar conclusion has been circulating since January. Entitled “Competition for Attention in the ETF Space,” the study was conducted by Itzhak Ben-David and Byungwook Kim of Ohio State University, Francesco Franzoni of the University of Lugano in Switzerland and Rabih Moussawi of Villanova University. The researchers focused on the specialized ETFs that are created to capitalize on investor fads and market trends, and which typically receive a big influx of cash soon after launch. They found that these ETFs over their first five years after launch lag the market on a risk-adjusted basis by 5% per year on average.</p><p><blockquote>另一项得出类似结论的学术研究自一月份以来一直在流传。这项名为“ETF领域注意力的竞争”的研究由俄亥俄州立大学的Itzhak Ben-David和Byungwook Kim、瑞士卢加诺大学的Francesco Franzoni和维拉诺瓦大学的Rabih Moussawi进行。研究人员重点关注专门的ETF,这些ETF是为了利用投资者时尚和市场趋势而创建的,通常在推出后不久就会获得大量现金流入。他们发现,这些ETF在推出后的前五年,经风险调整后平均每年落后市场5%。</blockquote></p><p>The tenuous relationship between performance and fund flows is evident also in the accompanying tables. The first lists the 10 ETFs with the best year-to-date returns. The second table lists the 10 ETFs with the largest net inflows. (Return data are from FactSet; flow data are from CFRA Research).</p><p><blockquote>业绩和资金流动之间的微妙关系也在附表中显而易见。第一个列出了年初至今回报最好的10只ETF。第二张表列出了净流入最多的10只ETF。(返回数据来自FactSet;流量数据来自CFRA研究)。</blockquote></p><p>Notice that none of the funds in the first table appears in the second.</p><p><blockquote>请注意,第一个表中的基金都没有出现在第二个表中。</blockquote></p><p><img src=\"https://static.tigerbbs.com/a2e0354f1f5c9cfd5611c3f6e03c3cee\" tg-width=\"887\" tg-height=\"497\" referrerpolicy=\"no-referrer\"><img src=\"https://static.tigerbbs.com/a5cd98cfa89435ba9ae4a0bfdedd3891\" tg-width=\"830\" tg-height=\"447\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源:<a href=\"https://www.marketwatch.com/story/why-you-should-worry-about-the-flood-of-new-cash-into-u-s-stock-funds-11620102925?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":{".DJI":"道琼斯",".SPX":"S&P 500 Index","SPY":"标普500ETF",".IXIC":"NASDAQ Composite"},"source_url":"https://www.marketwatch.com/story/why-you-should-worry-about-the-flood-of-new-cash-into-u-s-stock-funds-11620102925?mod=home-page","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1107772617","content_text":"With investments, popular is not better.U.S. stock funds now are riding a river of new cash from investors — and that is not a bullish sign.Many investors might see this differently — that a huge influx of cash is positive. In fact, fund flows are a contrarian indicator: the U.S. stock market in the past has performed better when there is a net outflow of cash.The evidence is summarized in the chart below, which plots net inflows of cash to U.S. stock funds (both open-end and exchange-traded funds) by year over the past decade. Notice that in all but two of the years since 2010 there have been net outflows.ReversalNet flows into U.S. equity (open-endded funds and ETF), in billionsThis 2010-2020 period was extremely strong for U.S. stocks. Yet over this time U.S. stock funds experienced a net outflow of $741 billion. (Data are from TrimTabs, a part of EPFR, a division of Informa Financial Intelligence.)This year so far is seeing a major reversal of this longer-term trend. For the first four months of this year, according to TrimTabs, U.S. equity funds have received net inflows of $142.3 billion. If this pace were to continue for the full year, there would be $427 billion of net inflows in 2021 — retracing more than half the total outflow from 2010 through 2020.One study that puts this huge year-to-date inflow in a bearish light appeared last December in the Review of Finance. Entitled “ETF Arbitrage, Non-Fundamental Demand, and Return Predictability,” the study was conducted by David Brown of the University of Arizona, Shaun William Davies of the University of Colorado Boulder and Matthew Ringgenberg of the University of Utah. The researchers found that, on average, the ETFs with the biggest outflows outperformed the ETFs with the biggest inflows for up to a year after these extreme flows.Another academic study that reached a similar conclusion has been circulating since January. Entitled “Competition for Attention in the ETF Space,” the study was conducted by Itzhak Ben-David and Byungwook Kim of Ohio State University, Francesco Franzoni of the University of Lugano in Switzerland and Rabih Moussawi of Villanova University. The researchers focused on the specialized ETFs that are created to capitalize on investor fads and market trends, and which typically receive a big influx of cash soon after launch. They found that these ETFs over their first five years after launch lag the market on a risk-adjusted basis by 5% per year on average.The tenuous relationship between performance and fund flows is evident also in the accompanying tables. The first lists the 10 ETFs with the best year-to-date returns. The second table lists the 10 ETFs with the largest net inflows. (Return data are from FactSet; flow data are from CFRA Research).Notice that none of the funds in the first table appears in the second.","news_type":1,"symbols_score_info":{".DJI":0.9,"SPY":0.9,".SPX":0.9,".IXIC":0.9}},"isVote":1,"tweetType":1,"viewCount":1777,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":106700121,"gmtCreate":1620142414063,"gmtModify":1634207480980,"author":{"id":"3571039500107061","authorId":"3571039500107061","name":"Fazz","avatar":"https://static.tigerbbs.com/bad7634d23b0fd4a9e469e2651fe5688","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3571039500107061","idStr":"3571039500107061"},"themes":[],"htmlText":"Yeah","listText":"Yeah","text":"Yeah","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/106700121","repostId":"1121437206","repostType":4,"repost":{"id":"1121437206","kind":"news","weMediaInfo":{"introduction":"Stock Market Quotes, Business News, Financial News, Trading Ideas, and Stock Research by Professionals","home_visible":0,"media_name":"Benzinga","id":"1052270027","head_image":"https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa"},"pubTimestamp":1620141918,"share":"https://www.laohu8.com/m/news/1121437206?lang=zh_CN&edition=full","pubTime":"2021-05-04 23:25","market":"us","language":"en","title":"The 'Perfect Storm' That Led Dogecoin To 60 Cents<blockquote>将狗狗币推至60美分的“完美风暴”</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1121437206","media":"Benzinga","summary":"Dogecoin's(CRYPTO: DOGE) price increased nearly 55% from its 24-hour low of $0.3838 all the way to t","content":"<p><b>Dogecoin's</b>(CRYPTO: DOGE) price increased nearly 55% from its 24-hour low of $0.3838 all the way to the 60-cent market Tuesday morning, according to CoinMarketCap data. This growth came right after the coinreporteda new all-time high of $0.45 Monday evening.</p><p><blockquote><b>狗狗币的</b>根据CoinMarketCap的数据,(CRYPTO:DOGE)价格从24小时低点0.3838美元上涨近55%,一直上涨至周二上午的60美分。这一增长是在周一晚间CoinReported创下0.45美元的历史新高之后发生的。</blockquote></p><p> <b>What Happened:</b>The uptrend also closely follows Monday's announcementby Dave Kaval — president of Major League Baseball team Oakland Athletics — that the team processed its first Dogecoin payment in exchange for tickets in the league's history. He even invoked the #DogecoinToTheMoon hashtag while linking to the team's announcement about match seats being sold in exchange for the coin.</p><p><blockquote><b>发生了什么:</b>这一上升趋势也紧随美国职业棒球大联盟奥克兰运动家队主席戴夫·卡瓦尔(Dave Kaval)周一宣布,该队处理了联盟历史上首次狗狗币支付以换取门票。他甚至引用了#DogecoinToTheMoon标签,同时链接到球队关于出售比赛席位以换取硬币的公告。</blockquote></p><p> With Tuesday's high of over $76 billion, Dogecoin's market cap surpassed the market capitalization of major companies. Ben Weiss — the CEO and co-founder of cryptocurrency ATM operator operating over 2,300 machines — explained that the primary reason behind Dogecoin's ascent is the current climate in the crypto market overall.</p><p><blockquote>随着周二超过760亿美元的高点,Dogecoin的市值超过了主要公司的市值。运营着2300多台机器的加密货币ATM运营商的首席执行官兼联合创始人Ben Weiss解释说,Dogecoin崛起背后的主要原因是加密市场当前的整体气候。</blockquote></p><p> <b>Why It's Important:</b>Weiss highlighted the promotion of Dogecoin by major personalities such as<b>Tesla Inc</b>(NASDAQ:TSLA) CEO Elon Musk and Mark Cuban are other factors that largely contributed to the coin's price increasing. He also cited the crypto asset becoming more easily obtainable and a more surprising reason.</p><p><blockquote><b>为什么它很重要:</b>韦斯强调了主要人物对狗狗币的推广,例如<b>特斯拉公司</b>(纳斯达克:TSLA)首席执行官Elon Musk和Mark Cuban是在很大程度上导致代币价格上涨的其他因素。他还列举了加密资产变得越来越容易获得以及一个更令人惊讶的原因。</blockquote></p><p> \"Many people view Doge as the 'people's cryptocurrency' because it was created as a joke,\" Weiss said in an email statement. \"Major players and corporations are unlikely to buy in and manipulate the market or understand that it could be a viable currency. Elon has echoed this sentiment. These factors have created a perfect storm for Doge, pumping the price to where it is today.\"</p><p><blockquote>“许多人将Doge视为‘人民的加密货币’,因为它被创造出来只是一个玩笑,”韦斯在一份电子邮件声明中表示,“主要参与者和公司不太可能买入并操纵市场,也不太可能理解它可能是一种可行的货币。埃隆也认同这种情绪。这些因素为Doge创造了一场完美的风暴,将价格推到了今天。”</blockquote></p><p> Dogecoin's rise comes as the total cap of the crypto asset market hasreached$2.3 trillion, making it larger than the market capitalization of any company and possibly any asset except for gold.</p><p><blockquote>狗狗币上涨之际,加密资产市场的总市值已达到2.3万亿美元,超过了任何公司的市值,也可能超过了除黄金以外的任何资产的市值。</blockquote></p><p> Dogecoin itself recentlyreached a market cap of nearly $54.45 billion. And that's a currency the creator of which did not expect to go anywhere, as he showed when hesoldall of his holdings for enough to buy a used Honda Civic in 2015.</p><p><blockquote>狗狗币本身最近的市值达到了近544.5亿美元。这种货币的创造者并不指望它会去任何地方,正如他在2015年出售所有资产足以购买一辆二手本田思域时所展示的那样。</blockquote></p><p> Dogecoin trades around $0.5466 at publication time.</p><p><blockquote>截至发稿时,狗狗币的交易价格约为0.5466美元。</blockquote></p><p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>The 'Perfect Storm' That Led Dogecoin To 60 Cents<blockquote>将狗狗币推至60美分的“完美风暴”</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nThe 'Perfect Storm' That Led Dogecoin To 60 Cents<blockquote>将狗狗币推至60美分的“完美风暴”</blockquote>\n</h2>\n<h4 class=\"meta\">\n<div class=\"head\" \">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Benzinga </p>\n<p class=\"h-time smaller\">2021-05-04 23:25</p>\n</div>\n</div>\n</h4>\n</header>\n<article>\n<p><b>Dogecoin's</b>(CRYPTO: DOGE) price increased nearly 55% from its 24-hour low of $0.3838 all the way to the 60-cent market Tuesday morning, according to CoinMarketCap data. This growth came right after the coinreporteda new all-time high of $0.45 Monday evening.</p><p><blockquote><b>狗狗币的</b>根据CoinMarketCap的数据,(CRYPTO:DOGE)价格从24小时低点0.3838美元上涨近55%,一直上涨至周二上午的60美分。这一增长是在周一晚间CoinReported创下0.45美元的历史新高之后发生的。</blockquote></p><p> <b>What Happened:</b>The uptrend also closely follows Monday's announcementby Dave Kaval — president of Major League Baseball team Oakland Athletics — that the team processed its first Dogecoin payment in exchange for tickets in the league's history. He even invoked the #DogecoinToTheMoon hashtag while linking to the team's announcement about match seats being sold in exchange for the coin.</p><p><blockquote><b>发生了什么:</b>这一上升趋势也紧随美国职业棒球大联盟奥克兰运动家队主席戴夫·卡瓦尔(Dave Kaval)周一宣布,该队处理了联盟历史上首次狗狗币支付以换取门票。他甚至引用了#DogecoinToTheMoon标签,同时链接到球队关于出售比赛席位以换取硬币的公告。</blockquote></p><p> With Tuesday's high of over $76 billion, Dogecoin's market cap surpassed the market capitalization of major companies. Ben Weiss — the CEO and co-founder of cryptocurrency ATM operator operating over 2,300 machines — explained that the primary reason behind Dogecoin's ascent is the current climate in the crypto market overall.</p><p><blockquote>随着周二超过760亿美元的高点,Dogecoin的市值超过了主要公司的市值。运营着2300多台机器的加密货币ATM运营商的首席执行官兼联合创始人Ben Weiss解释说,Dogecoin崛起背后的主要原因是加密市场当前的整体气候。</blockquote></p><p> <b>Why It's Important:</b>Weiss highlighted the promotion of Dogecoin by major personalities such as<b>Tesla Inc</b>(NASDAQ:TSLA) CEO Elon Musk and Mark Cuban are other factors that largely contributed to the coin's price increasing. He also cited the crypto asset becoming more easily obtainable and a more surprising reason.</p><p><blockquote><b>为什么它很重要:</b>韦斯强调了主要人物对狗狗币的推广,例如<b>特斯拉公司</b>(纳斯达克:TSLA)首席执行官Elon Musk和Mark Cuban是在很大程度上导致代币价格上涨的其他因素。他还列举了加密资产变得越来越容易获得以及一个更令人惊讶的原因。</blockquote></p><p> \"Many people view Doge as the 'people's cryptocurrency' because it was created as a joke,\" Weiss said in an email statement. \"Major players and corporations are unlikely to buy in and manipulate the market or understand that it could be a viable currency. Elon has echoed this sentiment. These factors have created a perfect storm for Doge, pumping the price to where it is today.\"</p><p><blockquote>“许多人将Doge视为‘人民的加密货币’,因为它被创造出来只是一个玩笑,”韦斯在一份电子邮件声明中表示,“主要参与者和公司不太可能买入并操纵市场,也不太可能理解它可能是一种可行的货币。埃隆也认同这种情绪。这些因素为Doge创造了一场完美的风暴,将价格推到了今天。”</blockquote></p><p> Dogecoin's rise comes as the total cap of the crypto asset market hasreached$2.3 trillion, making it larger than the market capitalization of any company and possibly any asset except for gold.</p><p><blockquote>狗狗币上涨之际,加密资产市场的总市值已达到2.3万亿美元,超过了任何公司的市值,也可能超过了除黄金以外的任何资产的市值。</blockquote></p><p> Dogecoin itself recentlyreached a market cap of nearly $54.45 billion. And that's a currency the creator of which did not expect to go anywhere, as he showed when hesoldall of his holdings for enough to buy a used Honda Civic in 2015.</p><p><blockquote>狗狗币本身最近的市值达到了近544.5亿美元。这种货币的创造者并不指望它会去任何地方,正如他在2015年出售所有资产足以购买一辆二手本田思域时所展示的那样。</blockquote></p><p> Dogecoin trades around $0.5466 at publication time.</p><p><blockquote>截至发稿时,狗狗币的交易价格约为0.5466美元。</blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1121437206","content_text":"Dogecoin's(CRYPTO: DOGE) price increased nearly 55% from its 24-hour low of $0.3838 all the way to the 60-cent market Tuesday morning, according to CoinMarketCap data. This growth came right after the coinreporteda new all-time high of $0.45 Monday evening.\nWhat Happened:The uptrend also closely follows Monday's announcementby Dave Kaval — president of Major League Baseball team Oakland Athletics — that the team processed its first Dogecoin payment in exchange for tickets in the league's history. He even invoked the #DogecoinToTheMoon hashtag while linking to the team's announcement about match seats being sold in exchange for the coin.\nWith Tuesday's high of over $76 billion, Dogecoin's market cap surpassed the market capitalization of major companies. Ben Weiss — the CEO and co-founder of cryptocurrency ATM operator operating over 2,300 machines — explained that the primary reason behind Dogecoin's ascent is the current climate in the crypto market overall.\nWhy It's Important:Weiss highlighted the promotion of Dogecoin by major personalities such asTesla Inc(NASDAQ:TSLA) CEO Elon Musk and Mark Cuban are other factors that largely contributed to the coin's price increasing. He also cited the crypto asset becoming more easily obtainable and a more surprising reason.\n\"Many people view Doge as the 'people's cryptocurrency' because it was created as a joke,\" Weiss said in an email statement. \"Major players and corporations are unlikely to buy in and manipulate the market or understand that it could be a viable currency. Elon has echoed this sentiment. These factors have created a perfect storm for Doge, pumping the price to where it is today.\"\nDogecoin's rise comes as the total cap of the crypto asset market hasreached$2.3 trillion, making it larger than the market capitalization of any company and possibly any asset except for gold.\nDogecoin itself recentlyreached a market cap of nearly $54.45 billion. And that's a currency the creator of which did not expect to go anywhere, as he showed when hesoldall of his holdings for enough to buy a used Honda Civic in 2015.\nDogecoin trades around $0.5466 at publication time.","news_type":1,"symbols_score_info":{}},"isVote":1,"tweetType":1,"viewCount":1873,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":377844773,"gmtCreate":1619518498592,"gmtModify":1634212116069,"author":{"id":"3571039500107061","authorId":"3571039500107061","name":"Fazz","avatar":"https://static.tigerbbs.com/bad7634d23b0fd4a9e469e2651fe5688","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3571039500107061","idStr":"3571039500107061"},"themes":[],"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/377844773","repostId":"1154043266","repostType":4,"isVote":1,"tweetType":1,"viewCount":2125,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":377844050,"gmtCreate":1619518430170,"gmtModify":1634212116551,"author":{"id":"3571039500107061","authorId":"3571039500107061","name":"Fazz","avatar":"https://static.tigerbbs.com/bad7634d23b0fd4a9e469e2651fe5688","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3571039500107061","idStr":"3571039500107061"},"themes":[],"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/377844050","repostId":"2130531757","repostType":4,"repost":{"id":"2130531757","kind":"highlight","pubTimestamp":1619513339,"share":"https://www.laohu8.com/m/news/2130531757?lang=zh_CN&edition=full","pubTime":"2021-04-27 16:48","market":"us","language":"en","title":"Should you buy Nvidia stock? Here are the key numbers to look at now<blockquote>你应该购买英伟达股票吗?以下是现在需要关注的关键数字</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=2130531757","media":"MarketWatch","summary":"Nvidia topped $5 billion in quarterly sales for the first time in the last quarter.\nA laptop powered","content":"<p>Nvidia topped $5 billion in quarterly sales for the first time in the last quarter.</p><p><blockquote>英伟达上季度季度销售额首次突破50亿美元。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/d53121737245129950bad0aa36e239f5\" tg-width=\"1260\" tg-height=\"709\"><span>A laptop powered by a Nvidia GeForce RTX 20 video card. (Nvidia)</span></p><p><blockquote><p class=\"t-img-caption\"><span>采用Nvidia GeForce RTX 20显卡的笔记本电脑。(英伟达)</span></p></blockquote></p><p> Nvidia Corp. is a well-known company to technology enthusiasts and investors alike. If you are considering buying the stock -- or already own it -- this quarterly review of the key metrics can help you with your own research and decisions about the company as an investment.</p><p><blockquote>英伟达公司是一家为技术爱好者和投资者所熟知的公司。如果您正在考虑购买该股票或已经拥有该股票,那么对关键指标的季度审查可以帮助您对该公司进行自己的研究和投资决策。</blockquote></p><p> These updates will also include comparisons of results to other major players in the semiconductor space. Keep in mind that no two companies are alike -- even rivals don't compete in every segment. Any investor needs to do their own research to make informed long-term decisions.</p><p><blockquote>这些更新还将包括与半导体领域其他主要参与者的结果比较。请记住,没有两家公司是相同的——即使是竞争对手也不会在每个领域都竞争。任何投资者都需要自己进行研究,以做出明智的长期决策。</blockquote></p><p> <b>Where Nvidia fits in</b></p><p><blockquote><b>Nvidia的定位</b></blockquote></p><p> Nvidia <a href=\"https://laohu8.com/S/NVDA\">$(NVDA)$</a> is the predominant designer of graphics processing units (GPUs), which are the critical components of graphics cards used for high-end PC gaming and other graphically intense applications. Its main competitor for GPUs is Advanced Micro Devices Inc. <a href=\"https://laohu8.com/S/AMD\">$(AMD)$</a>, although Intel Corp. <a href=\"https://laohu8.com/S/INTC\">$(INTC)$</a> is working on new products to compete in the space.</p><p><blockquote>英伟达<a href=\"https://laohu8.com/S/NVDA\">$(NVDA)$</a>是图形处理单元(GPU)的主要设计者,GPU是用于高端PC游戏和其他图形密集型应用的显卡的关键组件。其GPU的主要竞争对手是Advanced Micro Devices Inc.<a href=\"https://laohu8.com/S/AMD\">$(AMD)$</a>,尽管英特尔公司。<a href=\"https://laohu8.com/S/INTC\">$(INTC)$</a>正在开发新产品以在该领域竞争。</blockquote></p><p> The actual manufacturing of Nvidia's GPUs is handled by Taiwan Semiconductor Co. Ltd. (2330.TW).</p><p><blockquote>NVIDIA GPU的实际制造由台积电股份有限公司(2330.TW)负责。</blockquote></p><p> Nvidia has also been rapidly increasing its sales of CPUs for data-center processing and making moves to become more competitive in artificial intelligence-related <a href=\"https://laohu8.com/S/AI\">$(AI)$</a> areas as it waits for regulatory approval of its acquisition of Arm Holdings <a href=\"https://laohu8.com/S/PLC\">PLC</a>. Jeremy Owens explains this complicated competition scenario .</p><p><blockquote>英伟达还一直在迅速增加用于数据中心处理的CPU销量,并采取措施在人工智能相关领域提高竞争力<a href=\"https://laohu8.com/S/AI\">$(AI)$</a>该公司正在等待监管部门批准收购Arm Holdings<a href=\"https://laohu8.com/S/PLC\">PLC</a>杰里米·欧文斯解释了这种复杂的竞争场景。</blockquote></p><p> <b>Key dynamics</b></p><p><blockquote><b>关键动态</b></blockquote></p><p> Nvidia's fiscal 2021 ended Jan. 31. Here are some of the most important numbers that professional investors keep an eye on for the company and its rivals.</p><p><blockquote>英伟达2021财年截至1月31日。以下是专业投资者关注该公司及其竞争对手的一些最重要的数据。</blockquote></p><p> <b>Sales growth</b></p><p><blockquote><b>销售增长</b></blockquote></p><p> The company breaks down its sales in two ways -- first, by reportable segment:</p><p><blockquote>该公司通过两种方式细分其销售额——首先,按可报告部门划分:</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/f7df5adec6c8554c01e0b2ab127a450a\" tg-width=\"1260\" tg-height=\"335\"><span>(COMPANY FILING)</span></p><p><blockquote><p class=\"t-img-caption\"><span>(公司备案)</span></p></blockquote></p><p> Here's the sales breakdown by market platform:</p><p><blockquote>以下是按市场平台划分的销售明细:</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/cbbdad9daf701d5686e33f33c04aff3b\" tg-width=\"1260\" tg-height=\"471\"><span>COMPANY FILING.</span></p><p><blockquote><p class=\"t-img-caption\"><span>公司备案。</span></p></blockquote></p><p> With such incredible sales growth, it is probably not a surprise that Nvidia's stock has outperformed benchmarks -- it's up 17% this year and soared 122% in 2020. Nvidia topped $5 billion in quarterly sales for the first time in the last quarter. In the three-month period before that -- August through October 2020 -- the company surpassed $4 billion in sales for the first time.</p><p><blockquote>凭借如此令人难以置信的销售增长,英伟达的股价跑赢基准可能并不奇怪——今年上涨了17%,2020年飙升了122%。英伟达上季度季度销售额首次突破50亿美元。在此之前的三个月内(2020年8月至10月),该公司销售额首次超过40亿美元。</blockquote></p><p> <b>Pricing power and profitability</b></p><p><blockquote><b>定价权及盈利能力</b></blockquote></p><p> Here are year-over-year comparisons of sales growth, gross margins and operating margins for Nvidia and five other large semiconductor industry players held by the <a href=\"https://laohu8.com/S/EEME\">iShares</a> PHLX Semiconductor ETF <a href=\"https://laohu8.com/S/SOXX\">$(SOXX)$</a>. The ETF holds shares of 30 semiconductor manufacturers, designers and equipment makers. Each company has a unique mix of business lines. This means a direct comparison may not be meaningful.</p><p><blockquote>以下是英伟达和其他五家大型半导体行业参与者的销售增长、毛利率和营业利润率的同比比较<a href=\"https://laohu8.com/S/EEME\">iShares</a>PHLX半导体ETF<a href=\"https://laohu8.com/S/SOXX\">$(SOXX)$</a>.该ETF持有30家半导体制造商、设计商和设备制造商的股票。每家公司都有独特的业务组合。这意味着直接比较可能没有意义。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/06b436e1c680bb1a354cdfc3f9beb4d8\" tg-width=\"1258\" tg-height=\"429\"><span>(FACTSET)</span></p><p><blockquote><p class=\"t-img-caption\"><span>(事实集)</span></p></blockquote></p><p> The list includes AMD and INTC, which compete directly with Nvidia in some areas, but also Broadcom Inc. <a href=\"https://laohu8.com/S/AVGO\">$(AVGO)$</a>, Texas Instruments Inc. <a href=\"https://laohu8.com/S/TXN\">$(TXN)$</a> and Qualcomm Inc. <a href=\"https://laohu8.com/S/QCOM\">$(QCOM)$</a> to round out the group that competes to make chips for various industries and platforms, including mobile devices and telecommunications.</p><p><blockquote>该名单包括AMD和INTC,它们在某些领域与英伟达直接竞争,但也包括博通公司。<a href=\"https://laohu8.com/S/AVGO\">$(AVGO)$</a>,德州仪器公司。<a href=\"https://laohu8.com/S/TXN\">$(TXN)$</a>和高通公司。<a href=\"https://laohu8.com/S/QCOM\">$(QCOM)$</a>为移动设备和电信等多个行业和平台生产芯片的竞争提供补充。</blockquote></p><p> A company's gross margin is its sales, less the cost of goods sold, divided by sales. It is a measure of pricing power. An expanding gross margin with growing sales is a good sign. If the gross margin is contracting, it could mean a company is being forced to increase use of discounting to stave off competition. Comparing only two periods may not be especially meaningful, but it is important to understand if there is a trend.</p><p><blockquote>公司的毛利率是其销售额减去销售成本再除以销售额。它是定价能力的衡量标准。随着销售额的增长,毛利率的扩大是一个好兆头。如果毛利率收缩,这可能意味着公司被迫增加折扣的使用以避免竞争。只比较两个时期可能不是特别有意义,但了解是否有趋势是很重要的。</blockquote></p><p> A company's operating margin is its earnings before interest, taxes and depreciation divided by net sales. It can be considered \"return on sales.\"</p><p><blockquote>公司的营业利润率是其息税折旧前利润除以净销售额。它可以被认为是“销售回报”。</blockquote></p><p> Nvidia's gross margin narrowed during its fiscal fourth quarter. But its operating margin widened. The margin numbers were impressive for Broadcom, Texas Instruments and Qualcomm, while Intel's numbers on the chart were weak across the board.</p><p><blockquote>英伟达第四财季毛利率收窄。但其营业利润率扩大了。博通、德州仪器和高通的利润率数据令人印象深刻,而英特尔在图表上的数据则全面疲软。</blockquote></p><p> <b>Free cash flow</b></p><p><blockquote><b>自由现金流</b></blockquote></p><p></p><p> Many professional investors believe that valuation measures that are related to companies' cash flows are more useful than traditional measures tied to profits, sales or book value. This is, in part, because intellectual property is so important in a service economy.</p><p><blockquote>许多专业投资者认为,与公司现金流相关的估值指标比与利润、销售额或账面价值相关的传统指标更有用。这在一定程度上是因为知识产权在服务经济中非常重要。</blockquote></p><p> A company's free cash flow <a href=\"https://laohu8.com/S/FCF\">$(FCF)$</a> yield can be calculated by dividing its trailing 12 months' FCF by the current share price.</p><p><blockquote>公司的自由现金流<a href=\"https://laohu8.com/S/FCF\">$(FCF)$</a>收益率可以通过将其过去12个月的自由现金流除以当前股价来计算。</blockquote></p><p> Here's a comparison of the six companies' changes in free cash flow per share for the past 12 reported months from the year-earlier 12-month period, along with trailing 12-month free cash flow yields, based on closing share prices April 23:</p><p><blockquote>以下是基于4月23日收盘价的六家公司过去12个月报告的每股自由现金流与上年同期12个月期间的变化以及过去12个月的自由现金流收益率的比较:</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/b7d77d319df433d0af8b0d4bc64b789d\" tg-width=\"1260\" tg-height=\"431\"><span>(FACTSET)</span></p><p><blockquote><p class=\"t-img-caption\"><span>(事实集)</span></p></blockquote></p><p> Companies' free cash flow can vary significantly, and a rapidly expanding company may not have a high FCF yield as it continually reinvests in its business. But the numbers can still be useful. For investors looking for value plays, Intel might be compelling with such a high FCF yield, provided you are also confident in CEO Patrick Gelsinger's plans to turn the company around.</p><p><blockquote>公司的自由现金流可能会有很大差异,快速扩张的公司可能不会有很高的自由现金流收益率,因为它不断对其业务进行再投资。但是这些数字仍然有用。对于寻求价值投资的投资者来说,英特尔如此高的自由现金流收益率可能会引人注目,前提是您对首席执行官帕特里克·基辛格(Patrick Gelsinger)扭转公司的计划也充满信心。</blockquote></p><p> <b>Stock valuation and performance</b></p><p><blockquote><b>股票估值和表现</b></blockquote></p><p> Here are price-to-earnings (P/E) valuations for the six stocks, based on consensus earnings estimates for the next 12 months among analysts polled by FactSet, along with total return figures through April 23:</p><p><blockquote>以下是这六只股票的市盈率(P/E)估值,基于FactSet调查的分析师对未来12个月的普遍盈利预期,以及截至4月23日的总回报数据:</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/946311a0ca278cf038588e8807283e9d\" tg-width=\"1260\" tg-height=\"458\"><span>(FACTSET)</span></p><p><blockquote><p class=\"t-img-caption\"><span>(事实集)</span></p></blockquote></p><p> Nvidia is the 10-year total-return champion in this group, but AMD takes the prizes for five years and three years. Nvidia has the highest forward P/E valuation, a bit ahead of AMD. These are high valuations when compared to aggregate forward P/E ratios of 22.4 for the S&P 500 and 30.6 for the Nasdaq-100 index. But the stock market places a premium on consistent high double-digit sales growth.</p><p><blockquote>Nvidia是该组中10年总回报冠军,但AMD则连续5年和3年获奖。英伟达的远期市盈率估值最高,略高于AMD。与标普500 22.4和纳斯达克100指数30.6的总远期市盈率相比,这些估值很高。但股市对持续的高两位数销售增长给予了溢价。</blockquote></p><p> <b>Wall Street's opinion</b></p><p><blockquote><b>华尔街的观点</b></blockquote></p><p> Here's a summary of opinion among Wall Street analysts polled by FactSet:</p><p><blockquote>以下是FactSet调查的华尔街分析师的观点摘要:</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/3abcffb5731e028eced5977592d33894\" tg-width=\"1260\" tg-height=\"528\"><span>(FACTSET)</span></p><p><blockquote><p class=\"t-img-caption\"><span>(事实集)</span></p></blockquote></p><p> <b>Important dates</b></p><p><blockquote><b>重要日期</b></blockquote></p><p> <ul> <li>May 26 — Nvidia is scheduled to announce results for its first quarter of fiscal 2022 at 5 p.m. ET.</li> </ul></p><p><blockquote><ul><li>5月26日——英伟达定于下午5点公布2022财年第一季度业绩。等。</li></ul></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>Should you buy Nvidia stock? Here are the key numbers to look at now<blockquote>你应该购买英伟达股票吗?以下是现在需要关注的关键数字</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\">\nShould you buy Nvidia stock? Here are the key numbers to look at now<blockquote>你应该购买英伟达股票吗?以下是现在需要关注的关键数字</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">MarketWatch</strong><span class=\"h-time small\">2021-04-27 16:48</span>\n</p>\n</h4>\n</header>\n<article>\n<p>Nvidia topped $5 billion in quarterly sales for the first time in the last quarter.</p><p><blockquote>英伟达上季度季度销售额首次突破50亿美元。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/d53121737245129950bad0aa36e239f5\" tg-width=\"1260\" tg-height=\"709\"><span>A laptop powered by a Nvidia GeForce RTX 20 video card. (Nvidia)</span></p><p><blockquote><p class=\"t-img-caption\"><span>采用Nvidia GeForce RTX 20显卡的笔记本电脑。(英伟达)</span></p></blockquote></p><p> Nvidia Corp. is a well-known company to technology enthusiasts and investors alike. If you are considering buying the stock -- or already own it -- this quarterly review of the key metrics can help you with your own research and decisions about the company as an investment.</p><p><blockquote>英伟达公司是一家为技术爱好者和投资者所熟知的公司。如果您正在考虑购买该股票或已经拥有该股票,那么对关键指标的季度审查可以帮助您对该公司进行自己的研究和投资决策。</blockquote></p><p> These updates will also include comparisons of results to other major players in the semiconductor space. Keep in mind that no two companies are alike -- even rivals don't compete in every segment. Any investor needs to do their own research to make informed long-term decisions.</p><p><blockquote>这些更新还将包括与半导体领域其他主要参与者的结果比较。请记住,没有两家公司是相同的——即使是竞争对手也不会在每个领域都竞争。任何投资者都需要自己进行研究,以做出明智的长期决策。</blockquote></p><p> <b>Where Nvidia fits in</b></p><p><blockquote><b>Nvidia的定位</b></blockquote></p><p> Nvidia <a href=\"https://laohu8.com/S/NVDA\">$(NVDA)$</a> is the predominant designer of graphics processing units (GPUs), which are the critical components of graphics cards used for high-end PC gaming and other graphically intense applications. Its main competitor for GPUs is Advanced Micro Devices Inc. <a href=\"https://laohu8.com/S/AMD\">$(AMD)$</a>, although Intel Corp. <a href=\"https://laohu8.com/S/INTC\">$(INTC)$</a> is working on new products to compete in the space.</p><p><blockquote>英伟达<a href=\"https://laohu8.com/S/NVDA\">$(NVDA)$</a>是图形处理单元(GPU)的主要设计者,GPU是用于高端PC游戏和其他图形密集型应用的显卡的关键组件。其GPU的主要竞争对手是Advanced Micro Devices Inc.<a href=\"https://laohu8.com/S/AMD\">$(AMD)$</a>,尽管英特尔公司。<a href=\"https://laohu8.com/S/INTC\">$(INTC)$</a>正在开发新产品以在该领域竞争。</blockquote></p><p> The actual manufacturing of Nvidia's GPUs is handled by Taiwan Semiconductor Co. Ltd. (2330.TW).</p><p><blockquote>NVIDIA GPU的实际制造由台积电股份有限公司(2330.TW)负责。</blockquote></p><p> Nvidia has also been rapidly increasing its sales of CPUs for data-center processing and making moves to become more competitive in artificial intelligence-related <a href=\"https://laohu8.com/S/AI\">$(AI)$</a> areas as it waits for regulatory approval of its acquisition of Arm Holdings <a href=\"https://laohu8.com/S/PLC\">PLC</a>. Jeremy Owens explains this complicated competition scenario .</p><p><blockquote>英伟达还一直在迅速增加用于数据中心处理的CPU销量,并采取措施在人工智能相关领域提高竞争力<a href=\"https://laohu8.com/S/AI\">$(AI)$</a>该公司正在等待监管部门批准收购Arm Holdings<a href=\"https://laohu8.com/S/PLC\">PLC</a>杰里米·欧文斯解释了这种复杂的竞争场景。</blockquote></p><p> <b>Key dynamics</b></p><p><blockquote><b>关键动态</b></blockquote></p><p> Nvidia's fiscal 2021 ended Jan. 31. Here are some of the most important numbers that professional investors keep an eye on for the company and its rivals.</p><p><blockquote>英伟达2021财年截至1月31日。以下是专业投资者关注该公司及其竞争对手的一些最重要的数据。</blockquote></p><p> <b>Sales growth</b></p><p><blockquote><b>销售增长</b></blockquote></p><p> The company breaks down its sales in two ways -- first, by reportable segment:</p><p><blockquote>该公司通过两种方式细分其销售额——首先,按可报告部门划分:</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/f7df5adec6c8554c01e0b2ab127a450a\" tg-width=\"1260\" tg-height=\"335\"><span>(COMPANY FILING)</span></p><p><blockquote><p class=\"t-img-caption\"><span>(公司备案)</span></p></blockquote></p><p> Here's the sales breakdown by market platform:</p><p><blockquote>以下是按市场平台划分的销售明细:</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/cbbdad9daf701d5686e33f33c04aff3b\" tg-width=\"1260\" tg-height=\"471\"><span>COMPANY FILING.</span></p><p><blockquote><p class=\"t-img-caption\"><span>公司备案。</span></p></blockquote></p><p> With such incredible sales growth, it is probably not a surprise that Nvidia's stock has outperformed benchmarks -- it's up 17% this year and soared 122% in 2020. Nvidia topped $5 billion in quarterly sales for the first time in the last quarter. In the three-month period before that -- August through October 2020 -- the company surpassed $4 billion in sales for the first time.</p><p><blockquote>凭借如此令人难以置信的销售增长,英伟达的股价跑赢基准可能并不奇怪——今年上涨了17%,2020年飙升了122%。英伟达上季度季度销售额首次突破50亿美元。在此之前的三个月内(2020年8月至10月),该公司销售额首次超过40亿美元。</blockquote></p><p> <b>Pricing power and profitability</b></p><p><blockquote><b>定价权及盈利能力</b></blockquote></p><p> Here are year-over-year comparisons of sales growth, gross margins and operating margins for Nvidia and five other large semiconductor industry players held by the <a href=\"https://laohu8.com/S/EEME\">iShares</a> PHLX Semiconductor ETF <a href=\"https://laohu8.com/S/SOXX\">$(SOXX)$</a>. The ETF holds shares of 30 semiconductor manufacturers, designers and equipment makers. Each company has a unique mix of business lines. This means a direct comparison may not be meaningful.</p><p><blockquote>以下是英伟达和其他五家大型半导体行业参与者的销售增长、毛利率和营业利润率的同比比较<a href=\"https://laohu8.com/S/EEME\">iShares</a>PHLX半导体ETF<a href=\"https://laohu8.com/S/SOXX\">$(SOXX)$</a>.该ETF持有30家半导体制造商、设计商和设备制造商的股票。每家公司都有独特的业务组合。这意味着直接比较可能没有意义。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/06b436e1c680bb1a354cdfc3f9beb4d8\" tg-width=\"1258\" tg-height=\"429\"><span>(FACTSET)</span></p><p><blockquote><p class=\"t-img-caption\"><span>(事实集)</span></p></blockquote></p><p> The list includes AMD and INTC, which compete directly with Nvidia in some areas, but also Broadcom Inc. <a href=\"https://laohu8.com/S/AVGO\">$(AVGO)$</a>, Texas Instruments Inc. <a href=\"https://laohu8.com/S/TXN\">$(TXN)$</a> and Qualcomm Inc. <a href=\"https://laohu8.com/S/QCOM\">$(QCOM)$</a> to round out the group that competes to make chips for various industries and platforms, including mobile devices and telecommunications.</p><p><blockquote>该名单包括AMD和INTC,它们在某些领域与英伟达直接竞争,但也包括博通公司。<a href=\"https://laohu8.com/S/AVGO\">$(AVGO)$</a>,德州仪器公司。<a href=\"https://laohu8.com/S/TXN\">$(TXN)$</a>和高通公司。<a href=\"https://laohu8.com/S/QCOM\">$(QCOM)$</a>为移动设备和电信等多个行业和平台生产芯片的竞争提供补充。</blockquote></p><p> A company's gross margin is its sales, less the cost of goods sold, divided by sales. It is a measure of pricing power. An expanding gross margin with growing sales is a good sign. If the gross margin is contracting, it could mean a company is being forced to increase use of discounting to stave off competition. Comparing only two periods may not be especially meaningful, but it is important to understand if there is a trend.</p><p><blockquote>公司的毛利率是其销售额减去销售成本再除以销售额。它是定价能力的衡量标准。随着销售额的增长,毛利率的扩大是一个好兆头。如果毛利率收缩,这可能意味着公司被迫增加折扣的使用以避免竞争。只比较两个时期可能不是特别有意义,但了解是否有趋势是很重要的。</blockquote></p><p> A company's operating margin is its earnings before interest, taxes and depreciation divided by net sales. It can be considered \"return on sales.\"</p><p><blockquote>公司的营业利润率是其息税折旧前利润除以净销售额。它可以被认为是“销售回报”。</blockquote></p><p> Nvidia's gross margin narrowed during its fiscal fourth quarter. But its operating margin widened. The margin numbers were impressive for Broadcom, Texas Instruments and Qualcomm, while Intel's numbers on the chart were weak across the board.</p><p><blockquote>英伟达第四财季毛利率收窄。但其营业利润率扩大了。博通、德州仪器和高通的利润率数据令人印象深刻,而英特尔在图表上的数据则全面疲软。</blockquote></p><p> <b>Free cash flow</b></p><p><blockquote><b>自由现金流</b></blockquote></p><p></p><p> Many professional investors believe that valuation measures that are related to companies' cash flows are more useful than traditional measures tied to profits, sales or book value. This is, in part, because intellectual property is so important in a service economy.</p><p><blockquote>许多专业投资者认为,与公司现金流相关的估值指标比与利润、销售额或账面价值相关的传统指标更有用。这在一定程度上是因为知识产权在服务经济中非常重要。</blockquote></p><p> A company's free cash flow <a href=\"https://laohu8.com/S/FCF\">$(FCF)$</a> yield can be calculated by dividing its trailing 12 months' FCF by the current share price.</p><p><blockquote>公司的自由现金流<a href=\"https://laohu8.com/S/FCF\">$(FCF)$</a>收益率可以通过将其过去12个月的自由现金流除以当前股价来计算。</blockquote></p><p> Here's a comparison of the six companies' changes in free cash flow per share for the past 12 reported months from the year-earlier 12-month period, along with trailing 12-month free cash flow yields, based on closing share prices April 23:</p><p><blockquote>以下是基于4月23日收盘价的六家公司过去12个月报告的每股自由现金流与上年同期12个月期间的变化以及过去12个月的自由现金流收益率的比较:</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/b7d77d319df433d0af8b0d4bc64b789d\" tg-width=\"1260\" tg-height=\"431\"><span>(FACTSET)</span></p><p><blockquote><p class=\"t-img-caption\"><span>(事实集)</span></p></blockquote></p><p> Companies' free cash flow can vary significantly, and a rapidly expanding company may not have a high FCF yield as it continually reinvests in its business. But the numbers can still be useful. For investors looking for value plays, Intel might be compelling with such a high FCF yield, provided you are also confident in CEO Patrick Gelsinger's plans to turn the company around.</p><p><blockquote>公司的自由现金流可能会有很大差异,快速扩张的公司可能不会有很高的自由现金流收益率,因为它不断对其业务进行再投资。但是这些数字仍然有用。对于寻求价值投资的投资者来说,英特尔如此高的自由现金流收益率可能会引人注目,前提是您对首席执行官帕特里克·基辛格(Patrick Gelsinger)扭转公司的计划也充满信心。</blockquote></p><p> <b>Stock valuation and performance</b></p><p><blockquote><b>股票估值和表现</b></blockquote></p><p> Here are price-to-earnings (P/E) valuations for the six stocks, based on consensus earnings estimates for the next 12 months among analysts polled by FactSet, along with total return figures through April 23:</p><p><blockquote>以下是这六只股票的市盈率(P/E)估值,基于FactSet调查的分析师对未来12个月的普遍盈利预期,以及截至4月23日的总回报数据:</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/946311a0ca278cf038588e8807283e9d\" tg-width=\"1260\" tg-height=\"458\"><span>(FACTSET)</span></p><p><blockquote><p class=\"t-img-caption\"><span>(事实集)</span></p></blockquote></p><p> Nvidia is the 10-year total-return champion in this group, but AMD takes the prizes for five years and three years. Nvidia has the highest forward P/E valuation, a bit ahead of AMD. These are high valuations when compared to aggregate forward P/E ratios of 22.4 for the S&P 500 and 30.6 for the Nasdaq-100 index. But the stock market places a premium on consistent high double-digit sales growth.</p><p><blockquote>Nvidia是该组中10年总回报冠军,但AMD则连续5年和3年获奖。英伟达的远期市盈率估值最高,略高于AMD。与标普500 22.4和纳斯达克100指数30.6的总远期市盈率相比,这些估值很高。但股市对持续的高两位数销售增长给予了溢价。</blockquote></p><p> <b>Wall Street's opinion</b></p><p><blockquote><b>华尔街的观点</b></blockquote></p><p> Here's a summary of opinion among Wall Street analysts polled by FactSet:</p><p><blockquote>以下是FactSet调查的华尔街分析师的观点摘要:</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/3abcffb5731e028eced5977592d33894\" tg-width=\"1260\" tg-height=\"528\"><span>(FACTSET)</span></p><p><blockquote><p class=\"t-img-caption\"><span>(事实集)</span></p></blockquote></p><p> <b>Important dates</b></p><p><blockquote><b>重要日期</b></blockquote></p><p> <ul> <li>May 26 — Nvidia is scheduled to announce results for its first quarter of fiscal 2022 at 5 p.m. ET.</li> </ul></p><p><blockquote><ul><li>5月26日——英伟达定于下午5点公布2022财年第一季度业绩。等。</li></ul></blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源:<a href=\"https://www.marketwatch.com/story/should-you-buy-nvidia-stock-here-are-the-key-numbers-to-look-at-now-11619449246?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":{"NVDA":"英伟达"},"source_url":"https://www.marketwatch.com/story/should-you-buy-nvidia-stock-here-are-the-key-numbers-to-look-at-now-11619449246?mod=home-page","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2130531757","content_text":"Nvidia topped $5 billion in quarterly sales for the first time in the last quarter.\nA laptop powered by a Nvidia GeForce RTX 20 video card. (Nvidia)\nNvidia Corp. is a well-known company to technology enthusiasts and investors alike. If you are considering buying the stock -- or already own it -- this quarterly review of the key metrics can help you with your own research and decisions about the company as an investment.\nThese updates will also include comparisons of results to other major players in the semiconductor space. Keep in mind that no two companies are alike -- even rivals don't compete in every segment. Any investor needs to do their own research to make informed long-term decisions.\nWhere Nvidia fits in\nNvidia $(NVDA)$ is the predominant designer of graphics processing units (GPUs), which are the critical components of graphics cards used for high-end PC gaming and other graphically intense applications. Its main competitor for GPUs is Advanced Micro Devices Inc. $(AMD)$, although Intel Corp. $(INTC)$ is working on new products to compete in the space.\nThe actual manufacturing of Nvidia's GPUs is handled by Taiwan Semiconductor Co. Ltd. (2330.TW).\nNvidia has also been rapidly increasing its sales of CPUs for data-center processing and making moves to become more competitive in artificial intelligence-related $(AI)$ areas as it waits for regulatory approval of its acquisition of Arm Holdings PLC. Jeremy Owens explains this complicated competition scenario .\nKey dynamics\nNvidia's fiscal 2021 ended Jan. 31. Here are some of the most important numbers that professional investors keep an eye on for the company and its rivals.\nSales growth\nThe company breaks down its sales in two ways -- first, by reportable segment:\n(COMPANY FILING)\nHere's the sales breakdown by market platform:\nCOMPANY FILING.\nWith such incredible sales growth, it is probably not a surprise that Nvidia's stock has outperformed benchmarks -- it's up 17% this year and soared 122% in 2020. Nvidia topped $5 billion in quarterly sales for the first time in the last quarter. In the three-month period before that -- August through October 2020 -- the company surpassed $4 billion in sales for the first time.\nPricing power and profitability\nHere are year-over-year comparisons of sales growth, gross margins and operating margins for Nvidia and five other large semiconductor industry players held by the iShares PHLX Semiconductor ETF $(SOXX)$. The ETF holds shares of 30 semiconductor manufacturers, designers and equipment makers. Each company has a unique mix of business lines. This means a direct comparison may not be meaningful.\n(FACTSET)\nThe list includes AMD and INTC, which compete directly with Nvidia in some areas, but also Broadcom Inc. $(AVGO)$, Texas Instruments Inc. $(TXN)$ and Qualcomm Inc. $(QCOM)$ to round out the group that competes to make chips for various industries and platforms, including mobile devices and telecommunications.\nA company's gross margin is its sales, less the cost of goods sold, divided by sales. It is a measure of pricing power. An expanding gross margin with growing sales is a good sign. If the gross margin is contracting, it could mean a company is being forced to increase use of discounting to stave off competition. Comparing only two periods may not be especially meaningful, but it is important to understand if there is a trend.\nA company's operating margin is its earnings before interest, taxes and depreciation divided by net sales. It can be considered \"return on sales.\"\nNvidia's gross margin narrowed during its fiscal fourth quarter. But its operating margin widened. The margin numbers were impressive for Broadcom, Texas Instruments and Qualcomm, while Intel's numbers on the chart were weak across the board.\nFree cash flow\nMany professional investors believe that valuation measures that are related to companies' cash flows are more useful than traditional measures tied to profits, sales or book value. This is, in part, because intellectual property is so important in a service economy.\nA company's free cash flow $(FCF)$ yield can be calculated by dividing its trailing 12 months' FCF by the current share price.\nHere's a comparison of the six companies' changes in free cash flow per share for the past 12 reported months from the year-earlier 12-month period, along with trailing 12-month free cash flow yields, based on closing share prices April 23:\n(FACTSET)\nCompanies' free cash flow can vary significantly, and a rapidly expanding company may not have a high FCF yield as it continually reinvests in its business. But the numbers can still be useful. For investors looking for value plays, Intel might be compelling with such a high FCF yield, provided you are also confident in CEO Patrick Gelsinger's plans to turn the company around.\nStock valuation and performance\nHere are price-to-earnings (P/E) valuations for the six stocks, based on consensus earnings estimates for the next 12 months among analysts polled by FactSet, along with total return figures through April 23:\n(FACTSET)\nNvidia is the 10-year total-return champion in this group, but AMD takes the prizes for five years and three years. Nvidia has the highest forward P/E valuation, a bit ahead of AMD. These are high valuations when compared to aggregate forward P/E ratios of 22.4 for the S&P 500 and 30.6 for the Nasdaq-100 index. But the stock market places a premium on consistent high double-digit sales growth.\nWall Street's opinion\nHere's a summary of opinion among Wall Street analysts polled by FactSet:\n(FACTSET)\n\nImportant dates\n\nMay 26 — Nvidia is scheduled to announce results for its first quarter of fiscal 2022 at 5 p.m. ET.","news_type":1,"symbols_score_info":{"NVDA":0.9}},"isVote":1,"tweetType":1,"viewCount":1454,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":377845896,"gmtCreate":1619518394815,"gmtModify":1634212116792,"author":{"id":"3571039500107061","authorId":"3571039500107061","name":"Fazz","avatar":"https://static.tigerbbs.com/bad7634d23b0fd4a9e469e2651fe5688","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3571039500107061","idStr":"3571039500107061"},"themes":[],"htmlText":"Wow","listText":"Wow","text":"Wow","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/377845896","repostId":"1152045902","repostType":4,"isVote":1,"tweetType":1,"viewCount":1947,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":345268774,"gmtCreate":1618319544298,"gmtModify":1634293753908,"author":{"id":"3571039500107061","authorId":"3571039500107061","name":"Fazz","avatar":"https://static.tigerbbs.com/bad7634d23b0fd4a9e469e2651fe5688","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3571039500107061","idStr":"3571039500107061"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/NIO\">$NIO Inc.(NIO)$</a>Let’s go","listText":"<a href=\"https://laohu8.com/S/NIO\">$NIO Inc.(NIO)$</a>Let’s go","text":"$NIO Inc.(NIO)$Let’s go","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/345268774","isVote":1,"tweetType":1,"viewCount":1526,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":325611563,"gmtCreate":1615893492852,"gmtModify":1703494587052,"author":{"id":"3571039500107061","authorId":"3571039500107061","name":"Fazz","avatar":"https://static.tigerbbs.com/bad7634d23b0fd4a9e469e2651fe5688","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3571039500107061","idStr":"3571039500107061"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/NIO\">$NIO Inc.(NIO)$</a>🙏","listText":"<a href=\"https://laohu8.com/S/NIO\">$NIO Inc.(NIO)$</a>🙏","text":"$NIO Inc.(NIO)$🙏","images":[{"img":"https://static.tigerbbs.com/5afeab4fa3a19a853daf27f7adb143b7","width":"1170","height":"2026"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/325611563","isVote":1,"tweetType":1,"viewCount":2104,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":366720214,"gmtCreate":1614565079038,"gmtModify":1703478243403,"author":{"id":"3571039500107061","authorId":"3571039500107061","name":"Fazz","avatar":"https://static.tigerbbs.com/bad7634d23b0fd4a9e469e2651fe5688","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3571039500107061","idStr":"3571039500107061"},"themes":[],"htmlText":"🤔","listText":"🤔","text":"🤔","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/366720214","repostId":"2114037930","repostType":4,"isVote":1,"tweetType":1,"viewCount":1992,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"defaultTab":"posts","isTTM":false}